The Business Times, 31 December 2015

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1 24 The Business Times
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  • Title Section
    Lock icon Masthead
    34 1 THE BUSINESS TIMES 2015 SOCIETY OF NEWS DESIGN EXCELLENCE AWARD■BEST IN OVERALL REDESIGN■ S$1.00 Slh A SINGAPORE PRESS HOLDINGS PUBLICATION wvvw.businesstimes.com.sg I} D @BTBreakingnews CO REGN NO ’l*****868E MCI (P) 039/08/2015 Thursday, December 31,2015
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  • Article
    Lock icon MARKETS
    27 1 MARKETSWednesday Change STI 2,885.51 -2.71 KL COMP 1,693.14 +7.78 NIKKEI 225 19,033.71 +51.48 HANG SENG 21,882.15 -117.47 SHENZHEN B 1,308.89 +7.23 DOW (10.45 EST) 17,672.90 -48.08
    27 words
  • Article, Illustration
    Lock icon DAILY DIGEST
    221 1 The Land Transport Authority has appointed an independent advisory panel to assess the power supply system for MRT and LRT lines as well as develop recommendations to boost reliability and minimise incidents. TOP STORIES 4 Keppel Group has completed a share swap with Mapletree Investments that would see
    221 words
  • Article, Illustration
    Lock icon IPO market likely to see more Reit, Catalist floats in 2016
    1130 1  -  Dismal offerings in 2015 due to the soft global economy and weakness in the traditional strongholds of property and oil gas By Melissa Tan melissat@sph.com.sg @MelissaTanBT Singapore WHERE have all the big listings gone? The fading of the local
    1,130 words
  • Article, Illustration
    Lock icon Noble caps turbulent year with ‘junk’ status
    858 1  -  Moody’s downgrade reflects its concerns over the firm’s liquidity, low profitability and consistent negative free cash flow By Andrea Soh sandrea@sph.com.sg @AndreaSohBT Singapore NOBLE Group’s shares and bonds took yet another beating on Wednesday as the firm saw its worst fears realised: Rounding
    Sources: ShareInvestor.com, BT  -  858 words
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  • TOP STORIES
    • Article, Illustration
      Lock icon Lawrence Wong: S’pore property market now healthy and stabilised
      716 2  -  But it’s too early to consider cooling measures still, he says, adding HDB will launch 18,000 new flats in 2016 By Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore SINGAPORE’S housing market is now “healthy” and “stabilised” and is “on track for a soft
      PHOTO: MARK CHEONG/THE STRAITS TIMES  -  716 words
    • Article, Illustration
      Lock icon Taking stock: How much did SG50 boost the economy?
      1153 2  -  Official data shows SG50 measures lowering inflation slightly and boosting spending a tad REVIEW 2015 By Soon Weilun soonwl@sph.com.sg @SoonWeilunBT Singapore SO how much tangible good resonated from the year-long festivities celebrating Singapore’s 50th year of independence? It depends on who
      PHOTO: SEAH KWANG PENG/THE STRAITS TIMES; Source: Department of Statistics, Monetary Authority of Singapore, Singapore Tourism Board  -  1,153 words
    • Article, Illustration
      Lock icon Banks’ biggest bugbear: rising compliance bar
      1004 3  -  MAS paper on anti-money laundering actions highlights gaps in trade finance and correspondent banking REVIEW 2015 By Jamie Lee leejamie@sph.com.sg @JamieLeeBT Singapore THE stricter tone of compliance will keep the financial sector on its toes in 2016, with the latest guidance paper from the
      PHOTO: REUTERS  -  1,004 words
    • Article
      Lock icon LTA appoints independent advisory panel to assess rail power system
      443 4  -  Chaired by LTA board member Richard Lim, it comprises industry specialists, academia and foreign operators By Nisha Ramchandani nishar@sph.com.sg @Nisha_BT Singapore THE Land Transport Authority (LTA) has appointed an independent advisory panel (IAP) to assess the power supply system for
      443 words
    • Article, Illustration
      Lock icon As world goes online, so do criminals and hackers
      1210 4  -  REVIEW 2015 By Amit Roy Choudhury amit@sph.com.sg @AmitRoyCBT Singapore AS THE world moves into an era of connected devices, big data, cloud computing and Internet of Things (IoT), more data is being produced in a year than in all of human
      PHOTO: BLOOMBERG  -  1,210 words
    • Article, Illustration
      Lock icon Trophy assets at risk
      395 4  -  Arab sovereign wealth fund exodus just beginning REUTERS BREAKINCVIEWS By Andy Critchlow London OIL-RICH Gulf sheikhdoms are being forced to raid their sovereign wealth funds to shore up their budgets. With US crude oil prices falling below US$40 per barrel in December, they have no choice
      395 words
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      Lock icon Page 3 Advertisements Column 1
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      72 words
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      Lock icon Page 3 Advertisements Column 2
      213 3 c\f)^wo{jc\^m\j&. 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
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      Lock icon Page 4 Advertisements Column 1
      183 4 DYNA-MAC HOLDINGS LTD. (UEN/Company Registration No. *****5693E) (Incorporated in the Republic of Singapore) (“Dyna-Mac”) Notice to holders (the “Noteholders”) of the outstanding S$50,000,000 4.25 Per Cent. Notes Due 2017 comprised in Series 001 (ISIN: SG6SC*****05) (the “Notes”) of Dyna-Mac convened for 10.00 a.m. (Singapore time) on 30 December 2015 at
      183 words
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      17 4 Choose from Prime Stock Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Tenders Auctions Notices
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  • COMPANIES & MARKETS
    • Article
      Lock icon Assuring outcome needed from SingPost
      1517 5  -  Two thorny tasks: finding the right person to take over the CEO reins and resolving the disclosure oversight issue in a convincing way HOCK LOCK SIEW BY MELISSA TAN THOUGH December tends to be a quiet time for most corporates, for Singapore Post it has
      1,517 words
    • Article
      Lock icon Keppel takes full control of Keppel Bay Tower
      365 6  -  Share swap with Mapletree also sees it divesting 39% interest in two Harbourfront towers By Jamie Lee leejamie@sph.com.sg @JamieLeeBT Singapore KEPPEL Group on Wednesday said it has completed a share swap with Mapletree Investments that would see Keppel holding full control of
      365 words
    • Article
      Lock icon Sembcorp shares up on news of Chongqing power project
      383 6  -  Go-ahead from Chinese authorities to form joint venture By Tan Hwee Hwee hweetan@sph.com.sg @HweetanBT Singapore SHARES in Sembcorp Industries rose as much as four cents to an intraday high of S$3.09 on Wednesday on news that its Chongqing coal-fired power plant
      383 words
    • Article
      Lock icon Triyards bags NT$716m oil barge order from CPC Corp
      433 6  -  Contract is the yard group’s first with the Taiwanese state-owned oil and gas company By Tan Hwee Hwee hweetan@sph.com.sg @HweetanBT Singapore TRIYARDS Holdings unveiled on Wednesday an order worth NT$716 million (S$30.75 million) from CPC Corporation, its second contract win from
      433 words
    • Article
      Lock icon Healthcare stocks emerge as best performers this year
      617 6  -  By Claire Huang huangjy@sph.com.sg @ClaireHuangBT Singapore BUCKING the trend of a generally moribund market, healthcare stocks recorded the best showing year-to-date of all primary listings on the Singapore Exchange (SGX), as categorised by the Global Industry Classification Standard (GICS). Primary listings refer
      617 words
    • Article
      Lock icon A-Reit announces board reshuffle
      351 6  -  By Mindy Tan tanmindy@sph.com.sg @MindyTanBT Singapore THE head honcho of urban solutions provider Ascendas-Singbridge is joining the board of Ascendas Real Estate Investment Trust (A-Reit). Miguel Ko, group chief executive officer of Ascendas-Singbridge, will be appointed a non-executive director on A-Reit’s board on Jan 1, the
      351 words
    • Article
      Lock icon China fintech firms rise in the rankings
      409 6  -  By Nisha Ramchandani nishar@sph.com.sg @Nisha_BT Singapore THE financial technology (fintech) sector has been gaining ground in some Asia-Pacific markets, especially China, according to a report. The second annual Fintech 100 report, by fintech investment firm H2 Ventures and KPMG, lists 50 established fintech
      409 words
    • Article
      Lock icon Asian institutions’ risk appetite for equities up in Dec: State Street
      416 6  -  By Melissa Tan melissat@sph.com.sg @MelissaTanBT Singapore INSTITUTIONAL investors in Asia had a bigger appetite for equities in December than in the previous month, contributing to a lift in overall investor confidence levels worldwide, according to the latest movements of
      416 words
    • Article, Illustration
      Lock icon STI drifts lower in thin volume
      702 8  -  Rebound in Dow futures trims STI’s loss by more than half, with index ending a net 2.71 points lower at 2,885.51 STOCKS By R Sivanithy sivan@sph.com.sg @RSivanithyBT PERHAPS the only firm conclusion which can be drawn from Wednesday’s nondescript penultimate session of 2015 was
      Source: Bloomberg  -  702 words
    • Article
      Lock icon GAINERS
      74 8 BY CENTS CLOSE UP 52w high/low IS S&P500 US$ ***** 829.8 2.9 *****/***** SPDR S&P500 US$ ***** 292.6 1.0 *****/***** JMH USD 4921 185.2 2.7 6788/4500 DBXT Nifty50 ETF10 ***** 131.5 0.8 *****/***** JSH USD 2760 87.7 2.3 3693/2575 BY PERCENTAGE CLOSE UP 52w high/low SMJ Intl 21 65.4
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    • Article
      Lock icon STI STOCKS
      304 8 Stock name Close Change Day high/low 52w high 52w low PE Div yield Mcap Ascendas Reit 225 xo -1 228/224 271 213 6.5 5910.2 CapitaLand 338 +3 340/335 379 267 12.4 2.7 *****.7 CapitaMall Trust 193.5 unch 195/192 228 184.5 5.6 6724.7 CityDev 775 unch 782/766 1095 695
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    • Article
      Lock icon MOST ACTIVE
      33 8 VOLUME LionGold 87,487,600 Noble 74,189,000 Global Tech 44,422,100 Addvalue Tech 33,251,800 Terratech 28,426,600 Market volume 1,055,807,000 VALUE Singtel 55,707,182 DBS Grp 33,020,420 CapitaLand 30,639,436 Noble 30,334,091 UOB 29,483,934 Market value 541,387,000
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    • Article
      Lock icon SGX ETFS
      109 8 Most Active Fund Last sale +/-(‘000) Day high/low 52w high/low Buy/Sell Mcap STI ETF 295 229 296/293 355/280 294/295 DBXT MSRussia US$ US167 +1 82 167/167 235/155 164/166 ABF SG Bond ETF 115.5 cd -0.1 17 116/115.5 123.5/110.2 115.4/116 527.2 Nikko AM STI ETF 299 cd -1 15
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    • Article
      Lock icon OTHER SINGAPORE INDICES
      77 8 Dec 30 VALUE CLOSE BT OB/OS 275.00 -16.00 BT CADI -*****.00 -33.00 BT 10-day MA -*****.00 +27.00 FTSE ST Mid Cap 669.12 -2.64 FTSE ST Small Cap 402.63 -1.85 FTSE ST All Share 696.15 +0.88 FTSE ST China Top 171.55 -0.07 FTSE ST China 208.06 -0.72 FTSE
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    • Article, Illustration
      Lock icon STI / FTSE ST All-Share
      34 8 STI FTSE ST All-Share FTSE ST All-Share Index Dec 30,2015 696.15 +0.88 (+0.13%) Current streak 2 days Day high 697.72 Day low 692.97 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 8 STI MSCI EAFE MSCI EAFE index Dec 29,2015 1,731.54 +13.65 (+0.79%) Current streak 1 day Day high 1,735.44 Day low 1,716.00 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 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 5 6 5 0 0 1 5 6 6 Manufacturing 38 38 27 6 8 10 44 46 37 Commerce 19 18 15 3 6 6 22 24 21 Tpt/Stor/Comms 11 18 6
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      123 8 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 6,125 1,707 7,832 23,026 543 23,569 Manufacturing 61,198 137,850 199,048 38,785 5,368 44,152 Commerce 137,217 23,264 160,481 65,953 1,159 67,112 Tpt/Stor/Comms 94,569 381 94,950 116,322 32 116,354 Finance 10,940 52 10,992 92,687 6 92,693 Construction
      123 words
    • Article
      Lock icon LOSERS
      79 8 BY CENTS CLOSE DOWN 52w high/low DBXT MSKorea US$ 5097 -114.5 -1.6 6246/4478 DBXT China50 US$ 2932 -50.9 -1.2 4258/2750 GLD US$ ***** -46.7 -0.3 *****/***** Darco Water Tech 28.5 -40.5 -58.7 96/28.5 Lyxor EM Mkt US$ 852 -32.5 -2.6 1104/824 BY PERCENTAGE CLOSE DOWN 52w high/low DBS MB
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    • Article, Illustration
      Lock icon UNUSUAL ACTIVITY
      79 8 Shows the stocks with the highest combination of price change and of daily activity relative to the three-month average volume VOL CLOSE($) CHANGE Ley Choon 2,239.3 0.044 +0.011 +33.33 AIM 15.0 0.325 +0.090 +38.30 VGO 23.6 0.101 +0.016 +18.82 China Intl 15.5 0.360 +0.110 +44.00 Azeus 6.0 0.650
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    • Article
      Lock icon BROKERS’ TAKE
      512 8  -  Compiled by Melissa Tan tee Land Overweight Previous close: S$0.20 Target price: S$0.33 nra Capital, Dec 30 Since March 2015, TEE Land has been steadily increasing its investment in 2-14 Kings Cross Road. Following a high profile launch that set record prices and new acquisitions in the vicinity
      512 words
    • Article
      Lock icon Dollar struggles, yuan sinks to 4-year low offshore
      423 9 CURRENCIES REUTERS London THE dollar lost ground again to the yen and euro on Wednesday, adding to a weak end to the year that has seen it fall more than 2 per cent in just under a month against a basket of
      REUTERS  -  423 words
    • FOREX RATES
      • Article, Illustration
        Lock icon HANG SENG
        2 9
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      • Article
        Lock icon INTERBANK CROSS RATES
        471 9 Dec 30 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.010 4.731 0.667 5.650 48.413 100.595 0.878 8.548 3.129 1.064 76.427 34.231 1.031 11.190 0.723 23.996 26.257 0.492 0.729 Canada 0.990 4.686
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        Lock icon SHANGHAI COMPOSITE
        2 9
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      • Article, Illustration
        Lock icon NIKKEI
        1 9
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      • Article, Illustration
        Lock icon DOW JONES
        2 9
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      • Article, Illustration
        Lock icon INTERBANK CURRENCY RATES
        153 9 Dec 30 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.0302 1.0315 0.7287 0.7292 Canadian dollar 1.0205 1.0215 0.7221 0.7219 Euro 1.5460 1.5471 1.0936 1.0937 NZ dollar 0.9682 0.9691 0.6849 0.6851 Sterling pound 2.0938 2.0959 1.4811 1.4816
        153 words
      • Article
        Lock icon US$/S$ FORWARD RATES
        22 9 Dec 30 S$ Bid Offer 1-month 1.4150 1.4161 2-months 1.4164 1.4175 3-months 1.4177 1.4189 6-months 1.4209 1.4223 Source: OCBC
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    • EQUITY BONDS WARRANTS FUTURES
      • Article
        Lock icon SGX DERIVATIVES TRADING
        380 9 Dec 30 OPEN HIGH LOW SETT VOL OP/INT FTSE CHINA A50 INDEX FUTURES Dec15 *****.00 *****.00 *****.00 *****.50 ***** ***** Jan16 *****.50 *****.50 *****.50 *****.00 *****6 *****3 NIKKEI 225 INDEX FUTURES Mar16 *****.00 *****.00 *****.00 *****.00 ***** *****0 Jun16 *****.00 *****.00 *****.00 *****.00 94 631 MSCI TAIWAN
        380 words
      • Article
        Lock icon BONDS, WARRANTS, PREFERENCE SHARES
        204 9 Most active Dec 30 Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Rowsley Ltd W*****3 3 -0.1 6136 1 18 10 UOB MB eCW*****4 13.4 -0.8 4440 0.1 2030 7 Singtel MB eCW*****1 1.3 -0.4 4200 0.2 370 1
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      • Article
        Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
        365 9 In local curr In S$ In US$ dy yr dy yr dy yr Dec 29 Index Change Change Change Change Change Change World Preliminary 1291.9 0.9 1.3 1.2 5.1 0.8 -1.6 EAFE Preliminary 1019.6 1.2 3.3 1.2 4.1 0.8 -2.4 Europe Preliminary 1427.6 1.4 3.3
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    • BANK RATES
      • Article
        Lock icon INTERBANK RATES
        154 9 Dec 30 $S Offer Bid 0vernight 0.08 0.03 1-month 1.0 0.875 2-months 1.125 1.0 3-months 1.1875 1.0625 Overnight mode: 0.35 US$ Offer Bid 7 days 0.45 0.35 1 month 0.48 0.38 2 months 0.60 0.40 3 months 0.70 0.50 6 months 0.90 0.70 9 months 1.05 0.85 12
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      • Article
        Lock icon GOVERNMENT SECURITIES
        71 9 Dec 30 Dec 30 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0F 1.375 01-Oct-17 100.53 100.63 100.56 5-Year N*****0S 2.000 01-Jul-20 100.5 100.75 100.60 10-Year NX*****Z 2.375 01-Jun-25 98.38 98.90 98.40 15-Year NZ*****F 2.875 01-Sep-30 100.17 100.80 100.15 20-Year NZ*****V 3.375
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    • AGRI METALS ENERGY
      • Article
        Lock icon COMMODITY FUTURES
        193 9 Dec-29 Price Net change change Last Trade Agricultural Dec-29 CBOT Soybeans (US cents/bu) 870.00 5.00 0.58% 14/01/2016 CBOT Soybean Oil (US cents/lb) 30.52 0.32 1.06% 14/01/2016 CBOT Wheat (US cents/bu) 475.75 9.25 1.98% 14/03/2016 Dec-29 LIFFE Cocoa (£/tonne) 2243.00 -21.00 -0.93% 14/03/2016 LIFFE Coffee (US$/tonne) 1477.00 -8.00 -0.54%
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      • Article
        Lock icon PALM OIL
        57 9 Dec 30 KLCE Palm Futures (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Jan 16 2300.0 2292.0 2300.0 2275.0 127 3314 Feb 16 2420.0 2417.0 2430.0 2398.0 2703 ***** Mar 16 2495.0 2495.0 2504.0 2474.0 ***** ***** Apr 16 2538.0 2539.0
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    • Article
      Lock icon SGX MAINBOARD
      1888 10 Transaction date: Dec 30 52-Wk Last Vol Day Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/Ep $mil 90 42 8Telecom vol AAT Day Div GrYld Net MCap High 153 131.5 AIMSAMP Cap Reit 137.5 -1.5 105 139.5 137.5 1 8.1 872.6 Company 175.5
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    • Article
      Lock icon SGX CATALIST
      385 10 52-Wk Last Vol Day Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/E Company Last Sale 10 2.3 t Abundance Intl (’000) High Day LOW Div 25 4.5 t Alliance Mineral 11.7 -0.7 ***** 13.1 11.7 46.1 GrYld Net P/E MCap 35 10 t
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    • Article
      Lock icon SGX ETF
      124 10 52-Wk Last Vol Day Div GrYld Net MCap High Low Counter Sale +/-(’000) High Low C’vr P/E Counter Last Sale 1043 700 CIMBASEAN40 US$ US806 +10 15 806 796 126.4 4258 2750 DBXT China50 US$ US2932 -36 4 2979 2932 8.1 High Day 1750 1151 DBXT MSCHINA US$
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      Lock icon Page 5 Advertisements Column 1
      70 5 WANT TO $ELL YOUR CAR FAST? WHEEL DEAL The smarter way to sell your car It was a hassle free process which saved me the effor t of comparing quotes from multiple buyers. My car was sold within 24hrs! Mr K K Cheong who sold his Honda Civic in Dec
      70 words
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      Lock icon Page 5 Advertisements Column 2
      14 5 Letter to the editor: Issues SingPost should tackle to improve corporate governance, Page 23
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  • Page 10 Advertisements
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      71 10 ON THIS OPPORTUNITY Reach out to investors and affluent readers in this Investor Information Page. Advertise at less than $5,800 per full colour ad (a special package for 4 leading newspaper titles The Straits Times, The Business Times, Lianhe Zaobao and The New Paper Sunday). Contact our Sales Team now!
      71 words
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  • Page 12 Advertisements
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      259 12 Christmas Special 2-Day Pass $15* Promotion ends on 31 December 2015 Ticket Prices inclusive of GST: TICKETS 1-DAY PASS $20 Early bird 2-DAY PASS $30 $40 Validity (Year 2016) 1 Jan 13 Jan Normal $30 14 Jan 20 Jan Venue: SPH News Centre Auditorium 1000 Toa Payoh North Singapore *****4
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  • REAL ESTATE
    • Article
      Lock icon Keeping Chile’s buildings upright through years of quakes
      643 13 While there is no such thing as zero risk in an earthquake, Chilean architects have become masters at getting as close as possible to that ideal AFP Santiago SOME people run into the street during an earthquake, but Rene Lagos would rather
      AFP  -  643 words
    • Article
      Lock icon Beijing pins property revival hopes on migrant workers
      608 13 AFP Beijing HE makes less than US$1,000 a month in a city where apartments can cost more than US$1 million, but even so the Chinese government is pinning its improbable hopes for a property revival on the likes of Liu Jun. The
      AFP  -  608 words
    • Article, Illustration
      Lock icon Real property tax could make China’s cities safer
      651 13  -  COMMENTARY By Adam Minter BLOOMBERG THE mountain of mud and construction debris that collapsed in Shenzhen, China over the weekend started piling up years ago. But despite complaints and warnings from residents in the area, nobody neither the city, nor the company
      BLOOMBERG; PHOTO: REUTERS  -  651 words
    • Article
      Lock icon BlackRock sells KL mall to Malaysia’s Pavilion Reit
      147 13 REUTERS Kuala Lumpur BLACKROCK, the world’s largest asset manager, said on Wednesday that it has sold a luxury shopping mall in central Kuala Lumpur to Malaysia’s Pavilion Real Estate Investment Trust (Pavilion Reit) for RM160 million (S$52.5 million). BlackRock bought the Intermark
      REUTERS  -  147 words
    • Article, Illustration
      Lock icon US developers tap first-time buyer market
      1048 14 They are selling more entry-level homes that have less built-in features at prices that can be 30% lower BLOOM BERG Boston SURGING prices have almost closed off the new-home market to young buyers such as Brandon and Quincey Lindemann. But the Denver-area couple has
      BLOOMBERG; PHOTO: BLOOMBERG  -  1,048 words
    • Article
      Lock icon Househunt
      1387 14 Property transactions for districts 1 to 23 with contract dates between Nov 18 and Nov 24,2015 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT-IN/LAND AREA*(SQ FT) PRICE (S$’000) PSF (S$) District 1 NON-LANDED People's Park Cplx Apt 18/11/2015 99 409 518 1266 The Sail Marina Bay Apt
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  • Page 13 Advertisements
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      Lock icon Page 13 Advertisements Column 1
      27 13 Your Home is Worth, What? Get a FREE personalized webapp showing Facts Figures for your Home Neighbourhood Listings Transactions SRX. com.sg/tracker Powered by StreetSine rJh Subsidiary of
      27 words
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      Lock icon Page 13 Advertisements Column 2
      258 13 Defining your trading plan with the winning formula Key Learning Points To ensure a winning trade, what is the ONE signal that you should look out for? How to create a trading strategy that brings you through this volatile market environment? Join Vito Henjoto as he shares insights on the
      258 words
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      Lock icon Page 13 Advertisements Column 3
      62 13 NOTICES GCT Group Ltd Business Company Number: *****68 In Voluntary Liquidation Notice is hereby given that in accordance with the British Virgin IslandsBusinessCompaniesAct,2004(asamended),thevoluntary liquidation of GCT Group Ltd commenced on 21 Dec 2015 and that Lia Shiow Jiuan Nicole of 21 Collyer Quay #19-01 HSBC Building Singapore *****0 has been
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  • ENERGY & COMMODITIES
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      28 16 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
      28 words
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      Lock icon Page 16 Advertisements Column 2
      44 16 HOT PROPERTY PEARL'S HILL 1 2-bdrm.New reno, f/furn facilities. Avail immed. Chinatown/ Outram MRT. MERAPRIME, 840SF, 2BDRMs Behind Tiong Bahru Plaza, MRT/mkt. F/furn, mid flr, airy avail 1st Jan. APARTMENTS FOR RENT Check out these properties and more in The Straits Times Classified now!
      44 words
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      Lock icon Page 16 Advertisements Column 3
      69 16 Love, unconditionally 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
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  • TECHNOLOGY
    • Article, Illustration
      Lock icon Facebook, the Internet’s hoax paradise
      718 17 Latest hoax claims that anyone who shares a viral post could win part of Zuckerberg’s fortune WP Washington IF YOU are a chain letter hoax, then heaven is for real and it is Facebook. The site has hosted an army of copyright and giveaway hoaxes
      WP; PHOTO: REUTERS  -  718 words
    • Article
      Lock icon Apple tops mobile-device holiday sales: poll
      459 17 AFP Washington APPLE came away the winner in mo-bile-device holiday sales worldwide amid a shift to bigger screens, a survey showed. The survey by the Yahoo-owned analytics firm Flurry showed Apple accounted for 49.1 per cent of smartphones and tablets activated over the Christmas
      AFP  -  459 words
    • Article
      Lock icon Spotify hit with US$150m copyright suit
      405 17 AFP Los Angeles AN ARTIST has filed a US$150 million lawsuit against Spotify, alleging that the leader of the streaming sector has knowingly reproduced copyrighted songs. David Lowery, best known for leading alternative rock bands Cracker and Camper Van Beethoven, asked a US judge
      AFP  -  405 words
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      Lock icon Record prices seen for bitcoin in 2016 as fresh supply is halved
      808 17 REUTERS London THE year 2016 could prove to be the year that the price of bitcoin surges again. Not because of any dark-Web drug-dealing or Russian ponzi scheme, but for an altogether less sensational reason slower growth in
      REUTERS; PHOTO: BLOOMBERG  -  808 words
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      730 17 IN THE MATTER OF THE COMPANIES ACT ,CAP. 50 AND IN THE MATTER OF SOURCELINK HOSPITALS PTE. LTD. (In Voluntary Liquidation) (Company Registration No. *****6794Z) NOTICE OF RESOLUTION At the Extraordinary General Meeting of the members of SOURCELINK HOSPITALS PTE. LTD. duly convened and held on the 28th day of
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  • CONSUMER
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      Lock icon New player Eleven aims to score with TV sports viewers
      499 18  -  Company to secure more content for its three channels in Singapore, to expand into other territories in Asia By Lee U-Wen leeuwen@sph.com.sg @LeeUwenBT Singapore THERE is a “high” level of competition for broadcast media rights in Singapore, with premium content
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      Lock icon Gaming industry bets on mergers to fight profitability squeeze
      411 18 BLOOMBERG London IT’S been the busiest year for gamingindustry consolidation in a decade, and the wave of mergers and acquisitions isn’t over yet. As governments ratchet up the tax burden at a time when companies are competing harder than ever for
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      Lock icon Online surge means many not-so-happy returns for retailers
      303 18 BLOOMBERG New York A SURGE in online sales this holiday season is boosting expenses for some retailers as more shoppers return merchandise purchased with the click of a mouse. Consumers are expected to return US$62 billion in goods bought between November and
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      168 18 2jO Ob. ZM 500 lw> V© ©4 Pillars tcTa Successful Leadership h|s J rij|E /S( •> r-S^ 11 1 1 rtfkb id f»°/ iiUi Discover the science and technique k ;o 1 *?o*n Vv :t to inspire and transform your team to achieve /tv h “tompar^y. Vl*o hi" y, 5**
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  • TRANSPORT
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      Lock icon In a world with too much crude oil, seafaring steel monsters rule
      770 19 Earnings for tankers have jumped to over US$67,000 a day in 2015, the most since at least 2009, says Clarkson BLOOMBERG London THE most destructive oil crash in a generation is giving shipowners a bil-lion-dollar windfall. With the
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      Lock icon Indonesia’s Muslim women hail female-only motorbike taxis
      750 19 AFP Jakarta FEMALE motorbike taxi drivers in headscarves zigzag through heavy traffic in the Indonesian capital Jakarta, the latest two-wheeled transport service for women making a dent in the male-dominated world of ride-hailing apps in the Muslim nation. A flurry of new motorbike
      AFP; PHOTO: AFP  -  750 words
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      Lock icon Smog-choked Delhi gears up for car ban
      798 19 AFP New Delhi MILLIONS of Delhi residents will have to find alternative ways to get to work from Friday, when the authorities launch a trial of draconian traffic restrictions to try to clean up the world’s most polluted capital. Private cars will be
      AFP; PHOTO: AFP  -  798 words
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      Lock icon Beijing to merge 2 more state-owned shipping companies
      306 19 AFP Shanghai CHINA will combine two of its state-owned shipping giants, the companies said, the sector’s second multi-billion-dollar merger in a month as the government pushes consolidation of its nationalised enterprises. Sinotrans CSC Holdings Co, the nation’s third-largest shipping company, will become
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      Lock icon SHIPPING TIMES
      783 21 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
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      31 19 MY WISH FOR Six who turn 16 share their dreams with tabla! ZAKIR HUSSAIN ON FUSION MUSIC GET YOUR COPY TODAY TO ADVERTISE: CALL SHAN (*****861) KALWANT (*****327) OR NISHAL (*****438)
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  • GOVERNMENT & ECONOMY
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      Lock icon China eyes fiscal splurge to cushion reforms, slowing growth
      723 20 Bigger deficit among recommendations made to leaders at recent meeting that set economic agenda for next year REUTERS Beijing CHINA could run its biggest budget deficit in perhaps half a century next year as leaders turn to government spending to arrest
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    • Article
      Lock icon Indonesia suffers setback in fight against haze
      411 20 REUTERS Jakarta INDONESIA’S efforts to penalise the companies allegedly responsible for its annual forest fires suffered a setback on Wednesday after a judge rejected a US$565 million lawsuit against a pulp and paper firm. Indonesia brought a civil case in a South Sumatra
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    • Article
      Lock icon US pending home sales down in November
      243 20 AFP Washington US PENDING home sales fell for the third time in four months in November as tight supplies and rising home prices kept buyers at bay, an industry report said on Wednesday. The National Association of Realtors said that its pending home
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      Lock icon IMF warns of disappointing growth in 2016
      525 20 REUTERS Berlin GLOBAL economic growth will be disappointing next year and the outlook for the medium term has also deteriorated, the head of the International Monetary Fund (IMF) said in a guest article for German newspaper Handelsblatt published on Wednesday. IMF managing director
      REUTERS  -  525 words
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      Lock icon India IPO market in 2016 seen hitting 6-year high, with over US$5b raised
      636 20 REUTERS Mumbai INITIAL public offerings (IPOs) in India are set to raise more than US$5 billion in 2016, a six-year high, as corporate profit growth and a pick-up in the economy drive investor demand for equities and
      REUTERS; PHOTO: REUTERS  -  636 words
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      159 21 PLACE YOUR AD HERE THE BUSINESS TIMES SHIPPING TIMES CALL JOE WONG AT 9620 1327 'W TIMES Spotlight Award Wins Recognition' Come publicise your Award Wins Recognition, Ship Christenings Delivery of New Builds, Project Completion, Vessel Conversion Refurbishment and Company Anniversaries. There’s no better way to anchor your company to
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  • OPINION
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      Lock icon Asean’s dream of a single market comes true, but challenges remain
      540 22 EDITORIAL THE final day of 2015 is arguably the most significant for the Association of Southeast Asian Nations (Asean). Dec 31 marks the start of an integrated community that formally brings the region and its combined population of 625
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      Lock icon New year offers better returns but not all smooth sailing
      823 22  -  THE BOTTOM LINE By Steve Brice T The writer is chief investment strategist at Standard Chartered 2015 was an incredibly challenging year for investors, with equities, bonds and commodities in most areas seeing negative returns and heightened volatility. 2016 is
      823 words
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      Lock icon THE TWO NATIONS OF AMERICA
      1396 22  -  The Trumpists are worried the Obamaists are about to destroy the America they had known, while the latter warn that the former are trying to obstruct their road towards change By Leon Hadar EARLY on in the Republican presidential primary campaign this year, The Huffington
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      Lock icon Comfort women deal boosts US ties with Japan, Korea
      965 23  -  COMMENTARY By Anthony Rowley CHRISTMAS brought tidings of comfort, if not exactly joy, to some in South Korea when Tokyo and Seoul announced a “final and irrevocable resolution” of the so-called comfort women issue involving Korean women who (to quote The
      965 words
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      Lock icon Issues SingPost should tackle to improve corporate governance
      626 23  -  LETTER TO THE EDITOR Mak Yuen Teen RECENT news media reports following the announcement of the special audit by Singapore Post (SingPost) have focused much attention on the so-called “administrative oversight” relating to the failure to disclose the interest of SingPost’s lead
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      Lock icon Emergency aid management increasingly defined by tech
      1024 23  -  Providing responders with increased access to rich, data-based information such as real-time video streams and updates will increase awareness and improve collaboration By Iain Clarke T The writer is corporate vice-president and general manager, Asia-Pacific, at Motorola Solutions NATURAL disasters had a substantial
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      131 23 HAVE YOUR SAY Fax your letters to 6319-8277 or e-mail them to btletter@sph.com.sg or write to: The Business Times, SPH HQ, 1000 Toa Payoh North, Podium Level 3, Singapore *****4. We need your full name, address and telephone number for verification. Please use temperate language, and bear in mind libel
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  • LIFE & CULTURE
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      Lock icon China’s national drink goes West
      1242 24 A variety of baijiu cocktails are served at several places in New York, yet getting Westerners to drink the Chinese liquor can still be difficult NYT New York SAM Anderson, the head bartender at Mission Chinese Food in New York, was sitting on a panel
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      Lock icon Stop fussing over measles vaccination rates; start worrying about flu shots
      1136 24 WP Washington YOU probably heard about the Disneyland measles outbreak last year. One infected person is thought to have visited the theme park, and thanks in part to low immunisation rates, 142 people in California and six other states
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  • Page 24 Miscellaneous
    • Miscellaneous
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      297 24 CRYPTIC CROSSWORD Across 7 Work in outskirts of Tobruk on a very good film (7) 9 Lacking imagination, Ms Klebb in film? (7) 10 Follow suit, holding hearts (5) 11 Game to Israel, I suspect (9) 12 A problem wearing religious symbols? Take an irrevocable step (5,3,7) 13 6, rose-red
      297 words