The Business Times, 16 December 2015

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

Microfilm: NL33710
Total Pages: 26
1 26 The Business Times
Page thumbnail Page 1
  • Title Section
    Lock icon Masthead
    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 Wednesday, December 16,2015
    35 words
  • Article, Illustration
    Lock icon DAILY DIGEST
    233 1 Petronas calls off the tender for a key contract tied to the multi-billion dollar Kasawari gas field development in Block SK316 off Sarawak, as Brent crude slipped under US$38 for the first time since 2008. TOP STORIES 4 A Singapore-based provider of security products, services and solutions whose
    233 words
  • Article, Illustration
    Lock icon CityDev, Keppel Land unit in S$1.1b office venture
    867 1  -  40-60 deal involves 3 CityDev properties and is aimed at recycling the firm’s capital and strengthening its fund management capabilities By Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore CITY Developments (CDL) has struck a deal with Alpha Investment Partners, Keppel Land's property fund management
    BTgraphics  -  867 words
  • Article, Illustration
    Lock icon Job growth in first 9 months weakest in 6 years
    602 1  -  By Chuang Peck Ming peckming@sph.com.sg @PeckmingBT Singapore EMPLOYMENT growth in the third quarter slowed sharply from a year ago, dragging expansion in the first nine months down to its lowest since the recession year of 2009. Meanwhile, a softer economy
    Source: MOM  -  602 words
  • Article
    Lock icon MARKETS
    28 1 MARKETS Tuesday Change STI 2,815.52 +0.48 KL COMP 1,622.84 -7.12 NIKKEI 225 18,565.90 -317.52 HANG SENG 21,274.37 -35.48 SHENZHEN B 1,292.12 +2.60 DOW (10.45am EST) 17,542.65 +174.15
    28 words
  • Page 1 Advertisements
    • Advertisement
      Lock icon Page 1 Advertisements Column 1
      66 1 8 "*****1 *****4 NOVEMBER HOME SALES Developers sell 39% more than October TOP STORIES 2 Christmas Jewel Tea An exceptional world of benefits reserved for privileged tea lovers awaits you at our digital boutiques at www.TWGTea.com m a pp store Cookie P b y Singapore Tokyo London Hong Kong Dubai
      66 words
    • Advertisement
      Lock icon Page 1 Advertisements Column 2
      21 1 STRAIT TALK Paris sets scene for emissions control tussle TRANSPORT/18 WOMAN POWER Asian female billionaires to the fore exec money 26
      21 words
    • Advertisement
      Lock icon Page 1 Advertisements Column 3
      9 1 Emerging stronger A from downturn KAZAKHSTAN INDEPENDENCE DAY 22-23
      9 words
Page thumbnail Page 2
  • TOP STORIES
    • Article, Illustration
      Lock icon November new home sales up 39% from Oct
      828 2  -  December numbers will give clue on whether market is near its trough, says JLL By Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore DEVELOPERS sold a total of 759 private residential units in November, a 39 per cent uptick from 548 units sold in October
      828 words
    • Article, Illustration
      Lock icon Underlying inflation creeps higher in November
      551 2 LATEST US DATA REUTERS Washington UNDERLYING inflation pressures rose in November, which could give the Federal Reserve more confidence to raise interest rates on Wednesday, even as renewed weakness in gasoline prices kept overall US consumer prices in check. The Labor Department said on
      REUTERS; PHOTO: AFP  -  551 words
    • Article
      Lock icon Oct retail sales sans cars down 4.6%; soft Nov-Dec showing likely
      632 2  -  By Soon Weilun soonwl@sph.com.sg @SoonWeilunBT Singapore IT’S turning out to be a rather cheerless year for retailers here. And further down the road, the roar from auto sales might just end up as the only engine that will drive
      632 words
    • Article, Illustration
      Lock icon Oil price slump takes gloss off Paris climate deal
      382 2  -  REUTERS BREAKINGVIEWS By Andy Critchlow A CLIMATE change agreement in Paris designed to eliminate fossil fuel use could have marked the beginning of the end for oil. An obliging fall in the price of Brent on Dec 14 suggested that world
      382 words
    • Article, Illustration
      Lock icon South-east Asia a bright spot for MCC’s intra-Asia trade
      738 4  -  By Tan Hwee Hwee hweetan@sph.com.sg @HweetanBT Singapore AP Moller-Maersk Group’s intra-Asia unit MCC Transport is drawing increasing profit from box trade in South-east Asia, where business volume is seen expanding at a doubledigit rate in some emerging economies. MCC Transport’s chief
      738 words
    • Article, Illustration
      Lock icon Petronas cancels tender for billion-dollar project off Sarawak
      591 4  -  Sustained dive in oil prices seen forcing Malaysian oil giant to slash as much as RM16b in capex By Tan Hwee Hwee hweetan@sph.com.sg @HweetanBT Singapore PETRONAS has called off the tender for a key contract tied to the multi-bil-lion Kasawari gas field
      PHOTO: BLOOMBERG  -  591 words
    • Article
      Lock icon Dealstreetasia completes first round of funding
      525 4  -  By Jacquelyn Cheok jaccheok@sph.com.sg @JacCheokBT Singapore DEALSTREETASIA a one-year-old Sin-gapore-based digital media venture that runs the Asia-focused financial news site dealstreetasia.com has raised its first round of funding, the company announced on Tuesday. Investors in this pre-Series A round the amount of which was
      525 words
    • Article, Illustration
      Lock icon Visa to reinstate card payments on Comfort cabs from January 2016
      671 5  -  10% surcharge levied by Comfort remains on Visa payments even though Visa continues to oppose it By Jamie Lee leejamie@sph.com.sg @JamieLeeBT Singapore VISA Singapore has abandoned an 18-month cold war with cab operators over the surcharge levied on customers
      FILE PHOTO  -  671 words
    • Article
      Lock icon BT site tops business-finance category in advertisers’ poll
      402 5  -  By Natalie Koh natksl@sph.com.sg @NataliekohBT Singapore THE Business Times website (www.businesstimes.com.sg) has been ranked advertisers’ most preferred website in the business finance category of the recent Digital Media of the Year survey by trade magazine Marketing. In general, Singapore Press Holdings’ (SPH)
      402 words
Page thumbnail Page 3
Page thumbnail Page 4
  • Page 4 Advertisements
    • Advertisement
      Lock icon Page 4 Advertisements Column 1
      201 4 THE BUSINESS TIMES MAYBANK KIM ENG IM PACT #INVESTASIA2016 OPPORTUNITIES CHALLENGES The ASEAN Economic Community The ABC 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
      201 words
Page thumbnail Page 5
  • Page 5 Advertisements
    • Advertisement
      Lock icon Page 5 Advertisements Column 1
      181 5 m K !S 1 r 1 Ilk 11 FESTIVE EXPERIENCE AT EQUINOX RESTAURANT Leave the preparations of a festive meal to us as Chef Paul Hallett of Equinox Restaurant indulges with sumptuous culinary highlights. 24 December 2015, Festive Degustation Dinner 25 December 2015, Christmas Brunch 31 December 2015, New Year’s
      181 words
Page thumbnail Page 6
  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon Peter Lim-controlled Secura Group eyes Catalist listing
      561 6  -  Provider of security products and services has lodged preliminary offer document By Melissa Tan melissat@sph.com.sg @MelissaTanBT Singapore A SINGAPORE-BASED provider of security products, services and solutions whose “executive protection” clients include former remisier king Peter Lim is gunning for a listing on the
      FILE PHOTOS  -  561 words
    • Article
      Lock icon Asian investors in unchartered waters ahead of Fed rate hike
      680 6 REUTERS Singapore INVESTORS in Asian stocks and the world over are stepping into unfamiliar territory as they await perhaps the most anticipated US monetary policy decision in the Federal Reserve’s history. After months of hand-wringing speculation, the Fed is poised
      REUTERS  -  680 words
    • Article, Illustration
      Lock icon More firms likely to seek easing of debt covenants next year
      739 8  -  Last quarter of 2015 sees several firms initiating negotiation with investors for easier tems By Siow Li Sen lisen@sph.com.sg SiowLiSenBT Singapore MORE companies next year are likely to ask bondholders to relax financial convenants as the economy gets more
      739 words
    • Article
      Lock icon StanChart axes bankers in energy M&A team
      177 8 REUTERS Hong Kong STANDARD Chartered has axed at least half a dozen oil and gas advisory banking roles in recent weeks, ending an eight-year attempt to build a global energy M&A team, people familiar with the matter said. Asia-focused lender Standard Chartered expanded
      REUTERS  -  177 words
    • Article
      Lock icon Dow, DuPont eye big tax savings in rare merger of equals
      510 8 REUTERS New York THE tax-free treatment of the spinoffs Dow Chemical Co and DuPont plan to carry out after they merge their businesses is a prime driver of the deal, potentially saving tens of billions of dollars, industry sources
      REUTERS  -  510 words
    • Article
      Lock icon Pain ahead for S-EA firms with overseas debts
      918 9 Foreign-currency borrowing rears its ugly head as companies face record bond repayments amid slumping local currencies BLOOMBERG Singapore SOUTH-EAST Asia’s penchant for overseas borrowing is storing up pain for years ahead with companies facing record bond repayments just as local currencies slump.
      BLOOMBERG  -  918 words
    • Article, Illustration
      Lock icon Top Glove first-quarter earnings soar to RM129 million
      610 9  -  By Pauline Ng btworld@sph.com.sg Kuala Lumpur WHILE the shrinking ringgit and economic slowdown have most companies leery of their prospects, Top Glove Corporation is looking forward to “a very good year ahead” after charting record earnings in the first quarter that were
      PHOTO: BLOOMBERG  -  610 words
    • Article
      Lock icon Investor Relations Highlights
      315 9 ShareInvestor A SUBSIDIARY OF CWT has been recognised with the Award of Excellence in Logistics sector at the Singapore Productivity Awards 2015 Mr Lim Hng Kiang, Minister for Trade and Industry who was guest-of-honour at the awards gala dinner, cited CWT in his speech for championing innovation
      315 words
    • Article, Illustration
      Lock icon Stocks close flat ahead of FOMC meeting
      694 10  -  Trading similarly cautious across the region as traders wait for confirmation of hike in US rates STOCKS By R Sivanithy sivan@sph.com.sg @RSivanithyBT THE Straits Times Index (STI) drifted within a narrow band before ending a nett 0.48 of a point higher at 2,815.52
      Source: Bloomberg  -  694 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 223 xd unch 223/221 271 213 6.5 5646.9 CapitaLand 310 -2 316/308 379 267 11.4 2.9 *****.9 CapitaMall Trust 186 -0.5 187/185 228 184.5 5.8 6464 CityDev 724 +21 726/707 1095 695
      305 words
    • Article
      Lock icon MOST ACTIVE
      33 10 VOLUME Ezra 30,701,700 MMP Resources 28,106,400 Noble 28,097,500 InnoPac 27,375,000 Spackman 26,976,500 Market volume 1,031,569,000 VALUE DBS Grp 111,537,834 Singtel 67,324,285 CapitaLand 62,520,193 UOB 62,382,737 OCBC Bank 43,411,894 Market value 869,979,000
      33 words
    • Article
      Lock icon SGX ETFS
      108 10 Most Active Fund Last sale +/-(‘000) Day high/low 52w high/low Buy/Sell Mcap DBXT MSRussia US$ US163 -2 951 163/162 235/140 164/165 STI ETF 288 338 289/286 355/280 287/288 ABF SG Bond ETF 115.3 31 116.1/115.3 123.5/110.2 115.3/116 526.3 DBXT China50 US$ US2870 +30 20 2870/2816 4258/2750 2874/2880 7.9
      108 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      77 10 Dec 15 VALUE CLOSE BT OB/OS -679.00 -82.00 BT CADI -*****.00 -17.00 BT 10-day MA -*****.00 -68.00 FTSE ST Mid Cap 656.19 +1.70 FTSE ST Small Cap 391.64 -0.88 FTSE ST All Share 677.51 -0.23 FTSE ST China Top 166.62 +0.56 FTSE ST China 202.41 +0.91 FTSE
      77 words
    • Article, Illustration
      Lock icon STI / FTSE ST All-Share
      34 10 STI FTSE ST All-Share FTSE ST All-Share index Dec 15,2015 677.51 -0.23 (-0.03%) Current streak 6 days Day high 681.31 Day low 674.65 52-week high 847.98 (Apr 15, 2015) 52-week low 676.13 (Sept 29,2015)
      34 words
    • Article, Illustration
      Lock icon STI / MSCI EAFE
      33 10 STI MSCI EAFE MSCI EAFE Index Dec 14,2015 1,665.74 -24.41 (-1.44%) Current streak 3 days Day high 1,687.50 Day low 1,662.10 52-week high 1,949.49 (May 15, 2015) 52-week low 1,609.50 (Sept 29, 2015)
      33 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 10 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 5 6 2 0 1 0 5 7 2 Manufacturing 40 29 33 7 14 6 47 43 39 Commerce 17 20 16 4 5 4 21 25 20 Tpt/Stor/Comms 11 17 9
      186 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      121 10 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 16,314 2,823 19,137 36,148 894 37,042 Manufacturing 66,168 28,917 95,085 75,957 2,661 78,618 Commerce 57,504 40,982 98,486 70,677 1,832 72,509 Tpt/Stor/Comms 110,440 2,181 112,621 134,864 173 135,037 Finance 48,726 36 48,762 231,539 4 231,543 Construction
      121 words
    • Article
      Lock icon GAINERS
      74 10 BY CENTS CLOSE UP 52w high/low DBXT AUDCS AU$ ***** 188.4 0.8 *****/***** Lyxor Indonesia US$ 6763 98.5 1.0 9182/6250 SPDR S&P500 US$ ***** 90.1 0.3 *****/***** Jardine C&C 3385 75.0 2.3 4258/2636 DBXT China50 US$ 2870 42.2 1.1 4258/2750 BY PERCENTAGE CLOSE UP 52w high/low Elektromotive 0.4 100.0
      74 words
    • Article
      Lock icon LOSERS
      72 10 BY CENTS CLOSE DOWN 52w high/low Lyxor Europe US$ 1287 -91.5 -4.8 1583/1275 DBXT MSMSIA US$ 1023 -60.5 -4.0 1411/990 GLD US$ ***** -54.9 -0.4 *****/***** JMH USD 4602 -53.5 -0.8 6788/4500 DBXT MSCHINA US$ 1217 -49.3 -2.8 1750/1151 BY PERCENTAGE CLOSE DOWN 52w high/low Infinio 0.1 -66.7 -0.2
      72 words
    • Article
      Lock icon UNUSUAL ACTIVITY
      80 10 VOL CLOSE($) CHANGE PS Group 20.0 0.102 -0.098 -49.00 MSM Intl 25.0 0.047 -0.013 -21.67 InnoPac 27,375.0 0.003 -0.001 -25.00 Attilan 14,300.0 0.004 -0.001 -20.00 AIM 5.0 0.250 +0.030 +13.64 Old Chang Kee 100.0 0.635 -0.055 -7.97 Heatec Jietong 30.0 0.062 -0.011 -15.07 Straco 422.6 0.860 +0.030 +3.61
      80 words
    • Article
      Lock icon BROKERS’ TAKE
      416 10  -  Compiled by Melissa Tan Ezion Holdings Buy Dec 15 close: S$0.57 Target price: S$1.40 RHB Research, Dec 15 Ezion announced that it has entered into a strategic cooperation agreement with a Chinese state-owned enterprise to support wind power installation projects in China. This opens up another avenue of
      416 words
    • Article
      Lock icon CALENDAR
      9 10 DATA I (Dec 16) US MBA Mortgage Applications
      9 words
    • Article
      Lock icon US$ hits 7-week low on rate jitters
      457 11 CURRENCIES REUTERS London THE dollar fell to a seven-week low against a basket of currencies on Tuesday, with investors cutting favourable bets in the currency on growing nervousness about the Federal Reserve’s message on interest rates later this week. Investors were also turning
      REUTERS  -  457 words
    • FOREX RATES
      • Article, Illustration
        Lock icon HANG SENG
        2 11
        2 words
      • Article
        Lock icon INTERBANK CROSS RATES
        471 11 Dec 15 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.993 4.679 0.655 5.611 48.526 101.729 0.874 8.551 3.122 1.063 75.718 34.286 1.019 10.914 0.710 23.695 26.102 0.478 0.724 Canada 1.007 4.713
        471 words
      • Article, Illustration
        Lock icon SHANGHAI COMPOSITE
        2 11
        2 words
      • Article, Illustration
        Lock icon DOW JONES
        2 11
        2 words
      • Article, Illustration
        Lock icon NIKKEI
        1 11
        1 words
      • Article
        Lock icon INTERBANK CURRENCY RATES
        155 11 Dec 15 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.0184 1.0199 0.7237 0.7244 Canadian dollar 1.0263 1.0271 0.7296 0.7293 Euro 1.5543 1.5556 1.1045 1.1049 NZ dollar 0.9584 0.9591 0.6811 0.6812 Sterling pound 2.1311 2.1328 1.5144 1.5149
        155 words
      • Article
        Lock icon US$/S$ FORWARD RATES
        22 11 Dec 15 S$ Bid Offer 1-month 1.4086 1.4094 2-months 1.4099 1.4109 3-months 1.4113 1.4123 6-months 1.4145 1.4156 Source: OCBC
        22 words
    • EQUITY BONDS WARRANTS FUTURES
      • Article
        Lock icon BONDS, WARRANTS, PREFERENCE SHARES
        209 11 Most active Dec 15 Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left DBS MB eCW*****4 11.6 0.4 ***** 0.1 1720 7 Rowsley Ltd W*****3 3.1 0.2 6744 1 18 10 DBS MB eCW*****5 12.4 0.4 5170 0.1 1630 2
        209 words
      • Article
        Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
        365 11 In local curr In S$ In US$ dy yr dy yr dy yr Dec 14 Index Change Change Change Change Change Change World Preliminary 1240.2 -1.0 -2.8 -1.3 0.8 -1.0 -5.2 EAFE Preliminary 973.1 -1.5 -1.4 -1.7 -0.2 -1.4 -6.2 Europe Preliminary 1344.9 -1.5 -2.7
        365 words
      • Article
        Lock icon SGX DERIVATIVES TRADING
        383 11 Dec 15 OPEN HIGH LOW SETT VOL OP/INT FTSE CHINA A50 INDEX FUTURES Dec15 *****.00 *****.00 *****.50 *****.50 *****5 *****9 Jan16 *****.00 *****.00 *****.00 *****.50 6773 ***** NIKKEI 225 INDEX FUTURES Mar16 *****.00 *****.00 *****.00 *****.00 *****3 *****3 Jun16 *****.00 *****.00 *****.00 *****.00 42 244 MSCI TAIWAN
        383 words
    • BANK RATES
      • Article
        Lock icon INTERBANK RATES
        154 11 Dec 15 $S Offer Bid 0vernight 0.04 0.02 1-month 0.9375 0.8125 2-months 1.0 0.875 3-months 1.1875 1.0625 Overnight mode: 0.03 US$ Offer Bid 7 days 0.38 0.28 1 month 0.38 0.28 2 months 0.50 0.30 3 months 0.60 0.40 6 months 0.85 0.65 9 months 1.05 0.85 12
        154 words
      • Article
        Lock icon GOVERNMENT SECURITIES
        65 11 Dec 15 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0F 1.375 01-Oct-17 100.59 100.66 100.66 5-Year N*****0S 2.000 01-Jul-20 100.38 10-Year NX*****Z 2.375 01-Jun-25 98.41 98.55 98.45 15-Year NZ*****F 2.875 01-Sep-30 100.24 20-Year NZ*****V 3.375 01-Sep-33 106.42 106.30 106.30 30-Year NA*****N
        65 words
    • AGRI METALS ENERGY
      • Article
        Lock icon COMMODITY FUTURES
        193 11 Dec-14 Price Net change change Last Trade Agricultural Dec-14 CBOT Soybeans (US cents/bu) 874.25 3.50 0.40% 14/01/2016 CBOT Soybean Oil (US cents/lb) 31.30 0.22 0.71% 14/12/2015 CBOT Wheat (US cents/bu) 487.75 5.00 1.04% 14/12/2015 Dec-14 LIFFE Cocoa (£/tonne) 2251.00 -6.00 -0.27% 14/12/2015 LIFFE Coffee (US$/tonne) 1475.00 -24.00 -1.60%
        193 words
      • Article
        Lock icon PALM OIL
        53 11 Dec 15 KLCE Palm Futures (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Dec 15 2186.0 1036 Jan 16 2300.0 2236.0 2300.0 2223.0 696 ***** Feb 16 2411.0 2331.0 2413.0 2324.0 ***** ***** Mar 16 2482.0 2410.0 2482.0 2402.0 ***** *****
        53 words
    • Article
      Lock icon SGX MAINBOARD
      1809 12 Transaction date: Dec 15 52-Wk Last Vol Day Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/Ep $mil 90 42 8Telecom vol AAT Day Div GrYld Net MCap High 153 131.5 AIMSAMP Cap Reit Company Sale 175.5 109 ARA Asset Mgmt 110.5 unch 1616
      1,809 words
    • Article
      Lock icon SGX CATALIST
      414 12 52-Wk Last Vol Day Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/E Company Last Sale 10.1 2.3 t Abundance Intl (’000) High Day LOW Div 25 4.5 t Alliance Mineral 14.1 -0.7 ***** 15.3 14.1 55.5 GrYld Net P/E MCap 35 3.6 1.6
      414 words
    • Article
      Lock icon SGX ETF
      114 12 52-Wk Last Vol Day Div GrYld Net MCap High Low Counter Sale +/-(’000) High Low C’vr P/E Counter Last Sale vol 4258 2750 DBXT China50 US$ US2870 +30 20 2870 2816 7.9 High Day 1750 1151 DBXT MSCHINA US$ US1217 -35 8 1217 1198 6246 4478 DBXT MSKorea
      114 words
  • Page 6 Advertisements
Page thumbnail Page 7
Page thumbnail Page 8
Page thumbnail Page 9
  • Page 9 Advertisements
    • Advertisement
      Lock icon Page 9 Advertisements Column 1
      72 9 ITSHOW 2016 10-13 March 2016 SUNTEC Singapore Levels 3,4&6 L3,11am-9pm L4 L6, 12-9pm itshow.sg fb.com/ComexITShow NOW! Singapore’s LARGEST I.T. consumer electronics exhibition. Thousands of consumers will be there to buy your tech products services! Beverage Fair, COM EX, World Book Your Space NOW! *Limited Booths Available Call *****620 or email
      72 words
    • Advertisement
      Lock icon Page 9 Advertisements Column 2
      9 9 NOTICES TOLL FREE 1800-289-8822 I Email notices@sph.com.sg I www.sphclass.com.sg/notices
      9 words
Page thumbnail Page 10
Page thumbnail Page 11
Page thumbnail Page 12
  • Page 12 Advertisements
    • Advertisement
      Lock icon Page 12 Advertisements Column 1
      84 12 SG Did You Know? SGX hosts the first inverse ETF tradable in Asia DBXT S&P 500 Inverse Daily UCITS ETF (HD6). Learn more about the 87 ETFs at sgx.com/etf Singapore Exchange This advertisement has been published for general circulation only. It is not an offer or solicitation to buy or
      84 words
Page thumbnail Page 13
  • REAL ESTATE
    • Article, Illustration
      Lock icon SLA, STB award Dempsey site to COMO Lifestyle
      436 13  -  It scores highest among 6 bids received under a price and quality evaluation format By Lynette Khoo lynkhoo@sph.com.sg @LynetteKhooBT Singapore THE Singapore Land Authority (SLA) and the Singapore Tourism Board (STB) have awarded a site within the Dempsey cluster of Tanglin Village
      PHOTOS: MARK CHEONG/ THE STRAITS TIMES  -  436 words
    • Article
      Lock icon New grant, second HDB loan, 2-room flexi flats possible for Fresh Start Housing Scheme
      564 13 THE STRAITS TIMES online Singapore A NEW scheme to help public rental households own their own home again could allow these second-tim-ers to receive another Housing Board (HDB) concessionary loan. It could also give them the
      THE STRAITS TIMES online  -  564 words
    • Article, Illustration
      Lock icon Move to restart stalled Penn station project
      497 13 NYT New York NEW York Governor Andrew Cuomo is considering a bold move to restart the long-stalled plan to transform Midtown Manhattan’s blocklong general post office into a US$900 million transit and commercial hub for Pennsylvania Station: jettisoning the developers, Related Cos and
      NYT  -  497 words
    • Article
      Lock icon Dubai developers strangle supply to stem price drop
      391 13 BLOOMBERG Dubai DEVELOPERS in Dubai halted delivery of about a quarter of the properties set for completion this year, bolstering apartment rents but failing to stop a 16 per cent price decline, according to CBRE Group. About 6,000 nearly-completed homes sit empty
      BLOOMBERG  -  391 words
  • Page 13 Advertisements
    • Advertisement
      Lock icon Page 13 Advertisements Column 1
      58 13 Exclusive sale advisor Colliers INTERNATIONAL Capital Markets and Investment Services I Asia Sale of Rivervale Mail December 2015 A f Hi 1 S$190.5 million Vendor Purchaser HSBC INSTITUTIONAL TRUST SERVICES (SINGAPORE) LIMITED (in its capacity as trustee of CapitaLand Mall Trust) #AEW (on behalf of a fund managed by AEW
      58 words
Page thumbnail Page 14
Page thumbnail Page 15
  • ENERGY & COMMODITIES
  • Page 15 Advertisements
    • Advertisement
      Lock icon Page 15 Advertisements Column 1
      1381 15 NOTICES United Tektites Limited (In Voluntary Liquidation) Company No. (*****65) NOTICE is hereby given pursuant to Section 204, subsection (1)(b) of the BVI Business Companies Act, 2004 that the Company is in voluntary liquidation. The voluntary liquidation commenced on 11th December, 2015. The Liquidator is Yeo Tiam Chye of 288F
      1,381 words
Page thumbnail Page 16
  • TECHNOLOGY
    • Article
      Lock icon Computer language used for maths now offered as free cloud service
      400 16 NYT New York FOR nearly three decades, Stephen Wolfram has built software technology that has attracted an avid following among mathematicians and scientists. His Mathematica program for symbolic mathematical computation and its programming language, Wolfram Language, are favourites of
      NYT  -  400 words
    • Article, Illustration
      Lock icon Social media link to attacks poses dilemma
      876 16 Filtering out terrorists on networks like Facebook and Twitter a challenging task, both technically and from a civil liberties perspective AFP San Francisco PRESSURE is growing on social networks to play a bigger role in finding and weeding out jihadists and others looking
      AFP; PHOTO: AFP  -  876 words
    • Article, Illustration
      Lock icon Apple opens secret lab for displays in Taiwan
      628 16 BLOOMBERG Taipei APPLE Inc opened a production laboratory in northern Taiwan where engineers are developing new display technologies, according to people with knowledge of the facility. The Apple building in Longtan has at least 50 engineers and other workers creating new screens
      BLOOMBERG; PHOTO: BLOOMBERG  -  628 words
    • Article
      Lock icon Samsung takes Apple patent case to US Supreme Court
      643 16 AFP San Francisco SAMSUNG, on the losing end of a massive smartphone patent lawsuit, appealed on Monday to the US Supreme Court in hopes of overturning a ruling that it pay US$548 million to rival Apple. The two high-tech behemoths went
      AFP  -  643 words
  • Page 16 Advertisements
    • Advertisement
      Lock icon Page 16 Advertisements Column 1
      69 16 Unconditional Love I’m very blessed and thankful to have such devoted parents who nurtured me into who I am. They always ensure that my self-confidence will not be shaken as I grow. Photography student Isabelle Lim, who has Nager Syndrome, a rare genetic disorder. Curl up with It Changed My
      69 words
Page thumbnail Page 17
  • CONSUMER
    • Article, Illustration
      Lock icon Bestselling hoverboards too hot to handle, taken off shelves
      776 17 Some online retailers removing them as consumer watchdog probes reports of fires, explosions NYT New York SO-CALLED hoverboards, the two-wheeled, gliding motorised scooters that have taken over sidewalks and social media in recent months, are coming under greater scrutiny after reports
      NYT; PHOTO: NYT  -  776 words
    • Article
      Lock icon Two Macau officials under probe for graft
      292 17 REUTERS Hong Kong TWO officials in the southern Chinese territory of Macau are under investigation for taking bribes and abusing their power as authorities move to stamp out corruption in the world’s largest gambling hub. Macau’s Commission Against Corruption said in a online
      REUTERS  -  292 words
    • Article
      Lock icon New PepsiCo vending machines to offer healthier products
      237 17 WP New York PEPSICO Inc, facing an anti-soda backlash and health concerns about snack foods, is looking to make a comeback in an especially hard-hit part of the industry: vending machines. The company is rolling out several thousand dual-temperature machines that offer
      WP  -  237 words
  • Page 17 Advertisements
    • Advertisement
      Lock icon Page 17 Advertisements Column 1
      231 17 Topics Speakers Date: Saturday Sunday 23 24 January 2016 Day 1 Saturday, 23 Jan 2016 Global Residential Property Market Outlook 2016 Nicholas Holt Asia Pacific Head of Research, Knight Frank Asia Pacific The next stage for Iskandar Malaysia and Malacca looking into the future Ishmael Ho CEO, Ho Chin Soon
      231 words
Page thumbnail Page 18
  • TRANSPORT
    • Article
      Lock icon Paris talks set scene for emissions control tussle
      1151 18  -  While environmental lobby groups may make a lot of noise, the real pressure for change is likely to come from an assertive European Union STRAIT TALK BY DAVID HUGHES LAST week in this column, I said that it was not clear whether
      1,151 words
    • Article, Illustration
      Lock icon Ghosn succession clouds future of Renault-Nissan alliance
      504 18 BLOOMBERG Tokyo CARLOS Ghosn said Nissan Motor Co and Renault SA are unlikely to stick with one chief executive officer after him, complicating the future of the carmakers’ alliance structure. Mr Ghosn, 61, will continue running Renault and Nissan as long as he
      BLOOMBERG; PHOTO: AFP  -  504 words
    • Article
      Lock icon France withdraws security badges of 70 airport workers after Nov 13 attacks
      230 18 AFP Paris SECURE-zone clearance has been withdrawn for nearly 70 people working at two Paris airports following the Nov 13 terror attacks on the French capital, the boss of the airports company said on Sunday. So-called red badges
      AFP  -  230 words
    • Article
      Lock icon US airlines face uphill struggle against Mid-East rivals
      908 18 NYT New York FOR the past year, the US’s three largest airlines Delta, United and American have waged a relentless campaign to convince the Obama administration that their business is threatened by Persian Gulf-based carriers that receive billions of dollars in state
      NYT  -  908 words
    • Article
      Lock icon BA boss threatens to shift business abroad
      416 18 AFP London THE boss of British Airways’ parent group on Monday threatened to develop the business abroad rather than in Britain after the government further delayed a decision on expanding airport capacity. Prime Minister David Cameron had promised a decision on where to
      AFP  -  416 words
    • Article
      Lock icon SHIPPING TIMES
      2155 24 MONTREAL 10 120 29/7 30/7 4/8 MONTREAL 10 120 29/7 30/7 4/8 EASTERN CAR LINER, LTD SPECIALIZE IN RORO HEAVY LIFT INTRA-ASIA SERVICE VOY Ramp(KT) Lifting(KT) SIN PG PKL KUC JKT SUR BRIGHT STATE 118 40 122 24/12 25/12 29/12 EMERALD CORAL 095 60 27/12 29/12 2/1 4/1
      2,155 words
Page thumbnail Page 19
  • GOVERNMENT & ECONOMY
    • Article, Illustration
      Lock icon Morrison guns for growth, distances Australia from surplus goal
      828 19 Govt says deficits would be A$26.1 billion wider over the next four years BLOOMBERG Sydney AUSTRALIAN Treasurer Scott Morrison is reframing the government’s economic narrative towards growth and jobs and away from austerity, bowing to the fiscal reality of plunging commodity
      BLOOMBERG  -  828 words
    • Article, Illustration
      Lock icon Italy says financial system solid as furore over banks’ rescue grows
      512 19 Authorities under fire after it emerged that ordinary Italians had been sold risky subordinated bonds REUTERS Rome ECONOMY Minister Pier Carlo Padoan said on Tuesday that Italy’s financial system remained solid as the government faced a mounting furore over
      REUTERS; PHOTO: REUTERS  -  512 words
    • Article, Illustration
      Lock icon Delhi chief minister accuses ‘psycho’ Modi after raid
      565 19 AFP New Delhi DELHI Chief Minister Arvind Kejriwal on Tuesday accused his arch-rival Narendra Modi of waging a political vendetta, branding the Indian premier a “psychopath” after federal investigators raided his city administration’s headquarters. The firebrand chief minister, who founded and leads
      AFP; PHOTO: AFP  -  565 words
    • Article
      Lock icon Cheap oil forces SWFs to retreat as glory days fade
      699 19 REUTERS London THE glory days of some oil-based sovereign wealth funds (SWFs) could be behind them now that cash-strapped governments are raiding the coffers to plug yawning budget gaps, with investment returns too weak to make up the shortfall. This
      REUTERS  -  699 words
Page thumbnail Page 20
  • OPINION
    • Article, Illustration
      Lock icon We have lift-off – but nothing will be rocketing upwards
      737 20  - We have lift-off but nothing will be rocketing upwards THE BOTTOM LINE By Robert J Samuelson THE WASHINGTON POST WRITERS GROUP Washington BARRING an unforeseen calamity, the Federal Reserve will raise short-term interest rates this week. Among Fed watchers, this is known as “lift-off”. The analogy is misleading. Short-term rates
      THE WASHINGTON POST WRITERS GROUP  -  737 words
    • Article
      Lock icon Expect a global crisis or two next year, and alignment of monetary policy
      595 20 EDITORIAL REFORM of the international monetary and financial system tends to proceed not so much step by planned step as by reaction to repeated crises. This has been the pattern in recent decades and it is highly
      595 words
    • Article, Illustration
      Lock icon S’pore well on way to becoming smart nation
      991 20  -  It focuses on intelligence and interconnectivity to solve issues associated with an ageing population and slowed productivity. BY ROHIT DADWAL BY ROHIT DADWAL T The writer is managing director, APAC, Mobile Marketing Association AT 50, Singapore is still a young nation, but
      PHOTO: PEOPLE'S ASSOCIATION  -  991 words
    • Article
      Lock icon Low carbon emission no longer a constraint, but an opportunity
      922 21  -  COMMENTARY By Ynse de Boer TThe writer is managing director, strategy and sustainability, apac, at Accenture AFTER 20 years of negotiations, the 21 st United Nations Climate Change Conference (COP21) in Paris has been a turning point that puts carbon
      922 words
    • Article
      Lock icon Asia’s view of Europe’s ‘weak democracy’
      612 21  -  COMMENTARY By John Nugée T The writer is a director of the Official Monetary and Financial institutions Forum THE closer you are to a problem, the harder it is sometimes to see what is going on. Those standing further back may have a clearer
      612 words
    • Article, Illustration
      Lock icon Can Paris reconcile political, economic interests to combat climate change?
      1292 21  -  Time’s running out fast for world’s economies to get their act together to rein in global warming.BY warming.BY DAVID DAPICE T The writer is the economist of the Vietnam Programme at Harvard University’s Kennedy School of Government Medford, Massachusetts IN
      PHOTO: BLOOMBERG  -  1,292 words
Page thumbnail Page 21
Page thumbnail Page 22
  • KAZAKHSTAN INDEPENDENCE DAY
    • Article, Illustration
      Lock icon Emerging stronger from downturn
      1395 22  -  President Nazarbayev’s State of the Nation address outlines three key themes growth, reforms and development.BY SjJlCliUNTRYSPECIAL development.BY VINCENT WEE Kazakhstan President Nursultan Nazarbayev’s annual State of the Nation address this year focused on efforts to get the Central Asian state through the ongoing weak global economic
      FILE PHOTO  -  1,395 words
    • Article, Illustration
      Lock icon Offering opportunities to the globally savvy
      821 23  -  The country’s new emphasis on the development of its manufacturing and industrial sector, and on training professionals, opens up many doors for companies. BY VINCENT WEE SfhcHUNTRYSPECIAL companies.BY VINCENT WEE THERE are tremendous opportunities in Kazakhstan and Singapore companies have been among some of
      821 words
  • Page 22 Advertisements
    • Advertisement
      Lock icon Page 22 Advertisements Column 1
      314 22 R^£)”G^ k^)GSN G^x*^ »^£)"G^<i >V3G^ GH^) 1 Food Empire Wishes Kazakhstan A Happy 24™ Independence Day! SGX mainboard-listed Food Empire Holdings (Food Empire) established its presence in Kazakhstan in 1993 and since then, our flagship brand MacCoffee, and MacTea has been an integral part of every Kazakhstan citizen's daily life.
      314 words
Page thumbnail Page 23
  • Page 23 Advertisements
    • Advertisement
      Lock icon Page 23 Advertisements Column 1
      141 23 Beijing Almaty 5 a week Bangkok Almaty 7 a week Kuala Lumpur-Almaty B a week Beijing Astana 3 a week Bangkok-Astana 2 a week Ho Chi Mmh Almaty 2 a week Tel:+65 6223 8377 V air astana Hong Kong Almaty 2 a week Seoul Almaty 3 -A a week Seoul
      141 words
Page thumbnail Page 24
  • Page 24 Advertisements
    • Advertisement
      Lock icon Page 24 Advertisements Column 1
      96 24 USE THIS SPACE TO SELL CALL JOE WONG AT 9620 1327 TO ADVERTISE The Business Times SHIPPING TIMES Make A Splash In The Maritime World Via sjft3riaritime.coM Ahoy there! If you are in a business pertaining to any sector of the maritime industry, log on to SPHMaritime.com for a sea
      96 words
Page thumbnail Page 25
  • LIFE & CULTURE
    • Article, Illustration
      Lock icon New Star Wars film set to break records
      844 25 Box-office takings of US$400m and toy sales of US5b signal just the start AFP Los Angeles FANS turned out in force on Monday for the highly anticipated Hollywood premiere of Star Wars: The Force Awakens, with excitement at fever pitch and security
      AFP; PHOTO: AFP  -  844 words
    • Article, Illustration
      Lock icon US gun sales soar amid talk of curbs
      596 25 AFP Randolph Township, US THE Paris and San Bernardino attacks have fuelled a surge in US gun sales, as Americans seek to protect themselves and stock up in case lawmakers finally act to tighten firearms controls. Since a Muslim husband and wife
      AFP; PHOTO: AFP  -  596 words
    • Article, Illustration
      Lock icon Showcase own terroir, Chinese wineries urged
      651 25 AFP Helanshan, China IN A country renowned for forgery, winemaker Jose Hernandez worries China’s burgeoning viniculture industry will suffer from blatant copying of Bordeaux’s output. China has the world’s second-largest grape growing area, but experts say its winemakers need to innovate rather than imitate
      AFP; PHOTO: AFP  -  651 words
    • Article
      Lock icon Dutch schoolkids get taste of refugee life in museum
      406 25 AFP The Hague A HASTILY abandoned suitcase, an overturned wine glass and a radio blaring a warning “to leave now”. A unique museum is giving Dutch schoolkids a scarily real glimpse of life as a refugee. In a school outing with
      AFP  -  406 words
  • Page 25 Miscellaneous
    • Miscellaneous
      Lock icon Page 25 Miscellaneous Column 1
      277 25 CRYPTIC CROSSWORD Across 5 Piece of advice given by experienced writer (4,3) 7 Accumulate a million as head of state (5) 9 Good packaging, reportedly, for brandy (6) 10 Desperately got bag on sledge (8) 11 Flier, untrained for battle (5,5) 13 Join forces, gathering right away (4) 14 Article
      277 words
Page thumbnail Page 26
  • EXECUTIVE MONEY
    • Article, Illustration
      Lock icon Asian female billionaires to the fore
      783 26  -  They comprise one-fifth of the global billionaire population and are younger. BY GENEVIEVE CUA younger.BY GENEVIEVE CUA FEMALE billionaires have grown faster than their male counterparts over the past two decades, particularly in Asia, says a joint report by UBS and PwC. Globally, female
      Source: PwC, UBS  -  783 words
    • Article, Illustration
      Lock icon Serial financial crises and the savings glut
      1222 26  -  MONEY MATTERS By Joachim Fels The writer is managing director and global economic adviser, PIMCO WHILE the 2011-2012 euro sovereign debt crisis, the 2008 global financial crisis and their many smaller predecessors have receded in the rearview mirror for many market participants, financial
      1,222 words
    • Article
      Lock icon Reits buck the trend with more buys than sells
      463 26 ON THE RADAR GLOBAL mutual funds continued to sell more Singapore stocks than they bought in the three months to Dec 9. Based on transactions of the top five stocks, net sells came to S$1.39 billion compared to net buys of
      463 words