The Business Times, 22 February 2016

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1 24 The Business Times
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  • Title Section
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    22 1 THE BUSINESS TIMES S$1.00 A SINGAPORE PRESS HOLDINGS PUBLICATION www.businesstimes.com.sg @BusinessTimes CO REGN NO *****2868E MCI (P) 039/08/2015 Monday, February 22, 2016
    22 words
  • Article, Illustration
    Lock icon DAILY DIGEST
    244 1 Wandervale, the first executive condominium to be launched this year, has received more than 400 e-applications as at Sunday, about three-quarters of the total 534 units available. TOP STORIES 2 Contracts for deeds lure low-income Americans who cannot obtain mortgages into home ownership but this usually ends in
    244 words
  • Article, Illustration
    Lock icon A big-bang Budget? Unlikely, say economists
    1017 1  -  Government’s ability or even desire to dole out heavy support is limited this time SINGAPORE BUDGET 2016 By Kelly Tay kellytay@sph.com.sg @KellyTayBT Singapore IT IS not time yet for Finance Minister Heng Swee Keat to show his hand. Ahead of Budget 2016, expectations are
    ILLUSTRATION: LUDWIG ILIO  -  1,017 words
  • Article
    Lock icon MARKETS
    25 1 Weekly Change STI 2,656.87 +116.92 KL Comp 1,674.88 +31.14 Nikkei 225 15,967.17 +1,014.56 Hang Seng 19,285.50 +965.92 Shenzhen B 1,165.67 +24.37 Dow 16,391.99 +418.15
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  • Article, Illustration
    Lock icon Stock market a poor predictor of GDP: analysts
    802 1  -  B y Anita Gabriel anitag@sph.com.sg @AnitaGabrielBT Singapore FIRST, the bad news. If you believe that the stock market is an effective predictor of gross domestic product (GDP), then the Straits Times Index’s 8 per cent fall so far this year foretells more
    Source: Motley Fool website (World Bank GDP figures, S&P Capital IQ)  -  802 words
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  • TOP STORIES
    • Article
      Lock icon More manic swings ahead in irrational market
      879 2  -  If economic data is in line with forecasts, stocks could continue their recovery but oil price volatility, confusing signals about Fed rate policy likely to cause upheavals WALL STREET INSIGHT By Rob Curran btworld@sph.com.sg US stocks rose last week, paring losses on what
      879 words
    • Article, Illustration
      Lock icon Wandervale EC draws over 400 e-applications
      421 2  -  By Mindy Tan tanmindy@sph.com.sg @MindyTanBT Singapore WANDERVALE, the first executive condominium (EC) to be launched this year, has received more than 400 e-applications as at Sunday, BT understands. This is about three-quarters of the total 534 units available. The project features 130 three-bedroom units,
      421 words
    • Article
      Lock icon Britons to make most significant voting decision of their lives in June 23 EU referendum
      728 2  -  By Neil Behrmann btworld@sph.com.sg London BRITONS will be making the most significant voting decision of their lives during the coming “in” or “out” of the European Union (EU) referendum on June 23. Their vote is
      728 words
    • Article, Illustration
      Lock icon G-20 leaders to meet in Shanghai with hopes of stabilising global economy
      826 2  -  By Anthony Rowley btworld@sph.com.sg Tokyo FINANCE ministers and central bank governors from the Group of Twenty (G-20) advanced and emerging economies will meet in Shanghai this week amid hopes that they can rekindle the “moment of glory” in
      PHOTO: BLOOMBERG  -  826 words
    • Article, Illustration
      Lock icon Role of brokerages heightened in market downturns: CBRE
      896 4  -  They provide landlords with counsel on tenant retention and lease restructuring, and help occupiers take a proactive approach in leasing space By Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore THE real estate market across all sectors in Singapore is in a correction phase, and
      PHOTO: LAURA NG  -  896 words
    • Article
      Lock icon CBRE on lookout for brokerage talent amid industry consolidation
      472 4  -  By Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore CONSOLIDATION among brokerages may follow as leasing continues to remain weak across real estate sectors in Singapore, CBRE managing director for its Singapore brokerage business Moray Armstrong believes. In such an environment, CBRE is keeping
      472 words
    • Article, Illustration
      Lock icon 1983: Cable car tragedy at Sentosa
      388 4  -  Seven people were killed in the accident, giving rise to a sense of apprehension towards the then-fledging island resort development. BY LYNETTE KHOO BY LYNETTE KHOO ajor investments had already gone into its development since the formation of Sentosa Development Corporation in 1972. Unfortunately,
      BT Graphics: Lynette Neo  -  388 words
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      50 4 The Business Times has been there to report and analyse the most significant news since 1976. Every week, this feature will showcase excerpts from the biggest stories for each year that the paper has been in operation. The full text of all the stories can be found online at bt.sg/bt_40
      50 words
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      112 5 'r tf X m 1 -;V T 1 i Mi i W> ffl Our view of the world helps investors f i M UJJJi mmmm iiiiuuHmnm V I 1 llllllh //////m lUM' liUHfik ’hHSL %ia> see the way forward. •nil issii Our investment process is anchored by our macro outlook
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon Most Reits’ DPU paid out of operations
      762 6  -  Religare study questions sustainability of payouts that are propped up by capital and other means By Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore A HEALTHY 91 per cent of distributions from Singapore Reits (S-Reits) on average comes from operations, contrary to the belief that distributions
      762 words
    • Article, Illustration
      Lock icon RCMA defies commodity rout, expands into energy
      845 6  -  Taking disciplined approach to risk and diversifying away from natural rubber look to have paid off. TOP LINE BY ANDREA SOH sandrea@sph.com.sg @AndreaSohBT EVEN as commodity producers and traders batten down the hatches and sell off businesses to tide through the difficult commodity
      845 words
    • Article
      Lock icon PRIME LENDING RATES
      240 6 Feb 19 BANKS Agricultural Bank Of China 5.50 Agricultural Bank Of China Bangkok Bank Public Co. Ltd 6.00 ANZ Singapore Bank of Communications 5.50 Bangkok Bank Public Co. Ltd 6.00 Bank of China Limited Bank of Tokyo-Mitsubishi Bank of Communications Banque Internationale a Bank of East Asia
      240 words
    • Article
      Lock icon Buying and selling activity picks up
      1382 7  -  INSIDE MARKETS By Robert Halili T The writer is managing director, Asia Insider Limited THE buying rose based on filings on the Singapore Exchange in the third week of February with 16 companies that recorded 30 purchases worth S$6 million. The figures were sharply
      1,382 words
    • Article, Illustration
      Lock icon STI / Catalist WEEKLY
      63 8 STI Catalist WEEKLY Straits Times Index Feb 19,2016 2,656.87 +116.92 (+4.60%) Current streak 1 day Week high 2,657.57 Week low 2,607.90 52-week high 3,525.19 (Apr 17, 2015) 52-week low 2,539.95 (Feb 12, 2016) FTSE ST Catalist index Feb 19,2016 435.46 +6.17 (+1.44%) Current streak 2 days Week high 435.46 Week
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    • Article
      Lock icon GAINERS
      77 8 BY CENTS CLOSE UP 52w high/low SPDR DJIA US$ ***** 762.2 3.5 *****/***** SPDR S&P500 US$ ***** 576.5 2.2 *****/***** DBXT MSJAP US$ 4409 531.5 9.4 5277/4031 JMH USD 5660 473.9 6.3 6630/4500 Lyxor Indonesia US$ 7564 426.1 4.2 9094/6250 BY PERCENTAGE CLOSE UP 52w high/low SembMar MBeCW*****2 1.9
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    • Article
      Lock icon LOSERS
      76 8 BY CENTS CLOSE DOWN 52w high/low GLD US$ ***** -233.4 -1.4 *****/***** DBXT S&P Short US$ 2243 -115.3 -3.5 2393/2086 DBXT MSAsExJp US$ 2824 -112.5 -2.8 4064/2772 Tech Oil Gas 13 -49.0 -79.0 74.5/8.9 Isetan 379 -36.0 -8.7 480/320 BY PERCENTAGE CLOSE DOWN 52w high/low TechOil&Gas eW*****9 0.2 -98.7
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    • Article
      Lock icon UNUSUAL ACTIVITY
      81 8 VOL CLOSE($) CHANGE Spackman 138,897.5 0.111 +0.022 +24.72 ISOTeam 464.7 0.320 -0.290 -47.54 Pollux Prop 123.0 0.043 -0.010 -18.87 Ryobi Kiso 10.0 0.189 -0.031 -14.09 SunVic Chemical 841.5 0.127 +0.021 +19.81 TIH 36.8 0.450 +0.060 +15.39 China Env 23,195.9 0.055 +0.009 +19.57 USP Group 500.2 0.031 +0.008 +34.78
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    • Article, Illustration
      Lock icon Central banks’ tools losing effectiveness
      611 8  -  STOCKS By R Sivanithy sivan@sph.com.sg @RSivanithyBT AN unwelcome by-product of large-scale central bank action over the past few years has been a disproportionate reliance by markets on monetary authorities to fix things when they go wrong since repeated bailouts has led to complacency, imbalances and
      611 words
    • Article
      Lock icon STI STOCKS
      309 8 Stock name Close Change Wk high/low 52w high 52w low PE Div yield Mcap Ascendas Reit 238 +3 242/233 271 209 6.1 6251.6 CapitaLand 287 +5 293/283 379 267 11.5 3.1 *****.1 CapitaMall Trust 213 +8 216/205 228 184.5 5.3 7404 CityDev 714 +30 723/681 1095 661 8.6
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    • Article
      Lock icon MOST ACTIVE
      34 8 VOLUME Noble 350,367,200 Spackman 244,555,400 Genting Sing 167,294,000 Ezra 161,359,800 Singtel 152,552,100 Market volume 6,007,436,000 VALUE DBS Grp 612,721,201 Singtel 568,771,351 UOB 423,255,670 JMH USD 382,194,919 OCBC Bank 332,397,837 Market value 6,392,988,000
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    • Article
      Lock icon SGX ETFs
      111 8 Most Active Fund Last sale +/-(‘000) Wk high/low 52w high/low Buy/Sell Mcap STI ETF 268 +12 2301 268/258 355/254 267/268 IS MS INDIA US$ US599 +21 1108 605/578 838/577 602/604 74.9 Nikko AM STI ETF 272 +11 1021 274/262 361/259 271/273 6.6 DBXT MSRussia US$ US161 +15 491
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    • Article
      Lock icon COMPANY MEETINGS
      135 8 COMPANY MEETING PLACE DATE TIME China Flexible Pkg A Re!Joice1 Ballroom (Grd Flr) S Hotel Re 23-Feb 9.00am 175A Chin Swee Road 23-Feb 11.00am China Kunda Tech Hldgs E SGX Centre 2 #17-01 4 Shenton Way 23-Feb 9.30am Green Build Tech Ltd E RELC International Hotel 30 Orange
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    • Article
      Lock icon OTHER SINGAPORE INDICES
      77 8 Feb 19 VALUE CLOSE BT OB/OS 127.00 +147.00 BT CADI -*****.00 +37.00 BT 10-day MA -*****.00 +12.00 FTSE ST Mid Cap 650.81 +0.34 FTSE ST Small Cap 376.62 +1.30 FTSE ST All Share 657.13 +1.16 FTSE ST China Top 154.39 +2.58 FTSE ST China 184.80 +2.57 FTSE
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    • Article, Illustration
      Lock icon STI / FTSE ST All-Share WEEKLY
      36 8 STI FTSE ST All-Share WEEKLY FTSE ST All-Share index Feb 19,2016 657.13 +27.79 (+4.42%) Current streak 2 days Week high 657.13 Week low 643.48 52-week high 845.85 (Apr 17, 2015) 52-week low 629.34 (Feb 12, 2016)
      36 words
    • Article, Illustration
      Lock icon STI / MSCI EAFE WEEKLY
      34 8 STI MSCI EAFE WEEKLY MSCI EAFE index Feb 19,2016 1,557.03 +64.60 (+4.33%) Current streak 1 day Week high 1,568.71 Week low 1,538.97 52-week high 1,949.49 (May 15, 2015) 52-week low 1,492.43 (Feb 12, 2016)
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    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 9 3 4 1 0 0 10 3 4 Manufacturing 73 47 20 17 9 6 90 56 26 Commerce 32 21 12 9 8 3 41 29 15 Tpt/Stor/Comms 27 11 1
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      125 8 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 121,955 14,168 136,123 419,767 2,928 422,695 Manufacturing 645,461 169,279 814,740 498,764 9,777 508,541 Commerce 496,190 235,002 731,192 697,786 4,995 702,781 Tpt/Stor/Comms 711,212 2,898 714,110 1,162,780 242 1,163,022 Finance 142,178 915 143,093 1,462,533 114 1,462,647 Construction
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    • Article, Illustration
      Lock icon Gold retreats after rally but low interest rate view offers support
      461 8 COMMODITIES BLOOMBERG New York GOLD eased on Friday last week as investors cashed in some of the previous day’s 2 per cent gains, though expectations that rock-bottom interest rates would persist served to keep prices above US$1,225 an ounce.
      BLOOMBERG; PHOTO: BLOOMBERG  -  461 words
    • Article, Illustration
      Lock icon Conflicts of interest: Duties and consequences
      912 9  -  By Gerard Tan T The writer is the treasurer of the Singapore Institute of Directors A FUNDAMENTAL duty of a director is to act in the best interests of the company. A key aspect of this duty is to avoid, and to deal properly
      912 words
    • Article
      Lock icon DIVIDENDS ANNOUNCED
      1291 9 Payment Ex Rec Pay Ann (cts) date date date date AIMS AMP Cap Ind dq 2.650 04-Feb 10-Feb 23-Mar 28-Jan AIMS AMP Cap Ind ap 0.080 04-Feb 10-Feb 23-Mar 28-Jan AIMS AMP Cap Ind (1 Oct-31 Dec 2015) db 0.120 04-Feb 10-Feb 23-Mar 28-Jan AIMS Property Sec Fd
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    • Article
      Lock icon BROKERS’ RECOMMENDATIONS
      1281 9 Consensus No. of Forecast Mean Fri’s recommendation esti-EPS PE target price Company name This wk Last mth mates (times) Accordia Golf Trt 1.00 1.00 1 0.08 6.71 0.87 0.56 AIMS AMP Cap Industrial Reit 1.33 1.33 2 0.11 11.39 1.52 1.29 ARA Asset Mgt 1.25 1.25 2 0.09
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    • Article
      Lock icon Bet against dollar at own peril, major money managers say
      457 10 CURRENCIES BLOOMBERG New York THE dollar’s weak start to 2016 is showing signs of a turnaround as doubts about the economic outlook fade, according to US Bank Wealth Management and Pioneer Investments. Traders who almost completely rule out a Federal
      BLOOMBERG  -  457 words
    • FOREX RATES
    • EQUITY BONDS WARRANTS FUTURES
      • Article
        Lock icon SGX DERIVATIVES TRADING
        392 10 Feb 19 OPEN HIGH LOW SETT VOL OP/INT FTSE CHINA A50 INDEX FUTURES Feb16 9010.00 9060.00 8930.00 8990.00 *****9 *****3 Mar16 8870.00 8965.00 8850.00 8902.50 ***** ***** NIKKEI 225 INDEX FUTURES Mar16 *****.00 *****.00 *****.00 *****.00 ***** *****0 Jun16 *****.00 *****.00 *****.00 *****.00 612 9978 MSCI TAIWAN
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      • Article
        Lock icon BONDS, WARRANTS, PREFERENCE SHARES
        206 10 Most active Feb 19 Prem Expiry Wk Vol Conv Exer Disc Gear- Mths Company Last Sale +or-('000) Ratio Price ing Left DBS MB eCW*****4 14.9 3.1 ***** 0.1 1360 8 UOB MB eCW*****5 7.5 -1.7 ***** 0.1 1890 5 Secura Group W*****5 2.7 0.2 ***** 1
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      • Article
        Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
        377 10 In local curr In S$ In US$ dy yr dy yr dy yr Feb 19 Index Change Change Change Change Change Change World Preliminary 1174.7 -0.4 -8.1 -0.1 -8.2 -0.4 -7.5 EAFE Preliminary 905.6 -0.8 -10.6 -0.4 -10.0 -0.7 -9.3 Europe Preliminary 1286.1 -0.6 -9.0
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    • BANK RATES
      • Article
        Lock icon INTERBANK RATES
        154 10 Feb 19 $S Offer Bid 0vernight 0.10 0.05 1-month 1.125 1.000 2-months 1.1875 1.0625 3-months 1.2500 1.1250 Overnight mode: 0.35 US$ Offer Bid 7 days 0.45 0.35 1 month 0.48 0.38 2 months 0.65 0.45 3 months 0.75 0.55 6 months 1.00 0.80 9 months 1.20 1.00 12
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      • Article
        Lock icon GOVERNMENT SECURITIES
        65 10 Feb 19 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 5-Year NX*****X 2.250 01-Jun-21 102.4 102.67 102.50 10-Year NX*****Z 2.375 01-Jun-25 101.95 102.15 102.00 15-Year NZ*****F 2.875 01-Sep-30 104.65 105.00 104.75 20-Year NZ*****V 3.375 01-Sep-33 111.68 30-Year NA*****N
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    • AGRI METALS ENERGY
      • Article
        Lock icon COMMODITY FUTURES
        250 10 Feb-19 Price Net change change Last Trade Agricultural Feb-19 CBOT Soybeans (US cents/bu) 878.25 -1.50 -0.17% 14/03/2016 CBOT Soybean Oil (US cents/lb) 31.39 -0.44 -1.38% 14/03/2016 CBOT Wheat (US cents/bu) 461.75 -0.50 -0.11% 14/03/2016 Feb-19 LIFFE Cocoa (£/tonne) 2058.00 -51.00 -2.42% 14/03/2016 LIFFE Coffee (US$/tonne) 1384.00 -18.00 -1.28%
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    • Article
      Lock icon SGX MAINBOARD
      2048 11 52-Wk Last Vol Week Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/E $mil Company Last Sale vol ('000) High 153 127 AIMSAMP Cap Reit 129.5 -0.5 2459 133 128.5 1 8.5 822.8 LOW 175.5 101 ARA Asset Mgmt 105cd +3 2096 107 102
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    • Article
      Lock icon SGX CATALIST
      358 11 52-Wk Last Vol Week Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/E Company Last Sale Vol (’000) 1 0.3 t Advanced Systems 0.3 unch 1008 0.3 0.3 7.9 Week Low Div C'vr GrYld Net P/E MCap 35 10 t 3Cnergy 10.1 29.5 16.7
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    • Article
      Lock icon SGX ETF
      166 11 52-Wk Last Vol Week Div GrYld Net MCap High Low Counter Sale +/-(’000) High Low C’vr P/E Counter Last Sale 1440 991 CIMBASEAN40 S$D 1124 +39 0 1124 1124 vol 4258 2355 DBXT China50 US$ US2542 +185 16 2550 2447 7 Week 399 190 DBXT MSBrazil US$ US218
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      250 7 CONGRATULATIONS ON THE OFFICIAL OPENING OF m --3UI Ill 1 Tr 1 m Food Empire SGX Mainboard-listed Food Empire Holdings (Food Empire) is a global branding and manufacturing company specializing in the food and beverage industry. Our portfolio of products includes instant beverages, frozen convenience food, confectionery and snacks. Food
      250 words
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      7 9 T For more articles, go to btd.sg/BMatters
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      Lock icon Page 9 Advertisements Column 2
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      71 11 ON THIS OPPORTUNITY Reach out to investors and affluent readers in this Investor Information Page. Advertise at less than $5,800 per full colour ad (a special package for 4 leading newspaper titles The Straits Times, The Business Times, Lianhe Zaobao and The New Paper Sunday). Contact our Sales Team now!
      71 words
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  • REAL ESTATE
    • Article, Illustration
      Lock icon Market for fixer-uppers traps low-income buyers
      1297 12 Contracts for deeds lure them into home ownership but ends in eviction when payments and taxes go unpaid NYT Akron, Ohio HUNDREDS of broken-down houses still dot the streets of this one-time tyre capital of the world, a scar from the financial crisis and
      NYT; PHOTO: NYT  -  1,297 words
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      133 12 OV X *3» ..^> C O' <*8^ C#\# v O^ Nominations Are Now Open Best Managed Board Award* Best Chief Executive Officer Award Best Chief Financial Officer Award Best Investor Relations Award* Best Annual Report Award* Special Recognition Award ew! To Submit Your Nomination. Call 6319 5119 or email anglcc@sph.com.sg
      133 words
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  • BT-CITIBANK YOUNG INVESTORS’ FORUM
    • Article, Illustration
      Lock icon PBOC chief opens up on economy
      1862 14 BT highlights parts of Zhou Xiaochuan’s interview on China’s economy, exchange rate strategy, macro-prudential policy and digital currencies THIS year’s market panic was caused in part by concern over China’s central bank allowing a sharp depreciation of the Chinese yuan as China’s economy slows.
      PHOTO: REUTERS  -  1,862 words
    • Article
      Lock icon Need to distinguish capital outflows from capital flight
      338 14 Caixin: Does the central bank have an estimate of the magnitude of “hot money”? Mr Zhou: We have observed that some export enterprises, affected by expectations, make decisions accordingly on whether and where to convert foreign exchange into RMB and whether to
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    • Article
      Lock icon Digital money, cash to co-exist
      408 14 Caixin: The PBOC held a seminar on digital currency on Jan 20, saying that the central bank will try to launch its own digital currency as soon as possible. What are the considerations behind this? Mr Zhou: The People’s Bank of China has studied digital
      408 words
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      10 14 T The full transcript can be found here: http://www.pbc.gov.cn/english/*****1/ *****34/index.html
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      105 14 GET STARTED NOW Be a young investor Do you aspire to be a successful young investor? Are you keen on taking the first step towards achieving that? The BT-Citibank Young Investors’ Forum is no typical page extracted from a financial textbook. This forum will present step-by-step guides on how to
      105 words
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  • BANKING & FINANCE
    • Article
      Lock icon US banks install more ‘cardless’ ATMs
      730 15 Smartphone-based system behind new machines allows for speedier transaction time, curbs growing problem of skimming AFP Washington HERE’S another use for the smartphone as it invades daily life: in place of your debit card at your bank cash machine. The “cardless” automatic teller machine
      AFP  -  730 words
    • Article, Illustration
      Lock icon Citigroup to sell retail units in Argentina, Brazil, Colombia
      487 15 NYT Buenos Aires CITIGROUP has announced that it would sell its retail businesses in Argentina, Brazil and Colombia, countries in which it has been trading for more than a century. Scrambling to quash any perceptions that the move was related to
      NYT; PHOTO: REUTERS  -  487 words
    • Article
      Lock icon Barclays to pay US$50m to settle lawsuit over rigged forex system
      290 15 REUTERS New York BARCLAYS plc agreed to pay US$50 million to settle a US lawsuit claiming that it rigged its foreign exchange trading system to reject client orders that would be unprofitable for the British bank. The preliminary, all-cash
      REUTERS  -  290 words
  • Page 15 Advertisements
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      538 15 FREE ADMISSION THE LARGEST I.T., DIGITAL, MOBILE CONSUMER ELECTRONICS EXHIBITION IN SINGAPORE! ITSHOW 10-13 MARCH SUNTEC SINGAPORE L3 {11AM 9PM} L4 6 {12-9PM 3 => ■hi:n»:=g TECH SHOWCASE Ywide selection! y Saves you time! YGet it FAST! rder from 22 to 2 MAR 2016! ORDER NOW and COLLECT at the
      538 words
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  • ENERGY & COMMODITIES
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      46 16 Sell local and international food products 250,000VISITORS! 13thEDITION 17-20 MARCH SINGAPORE EXPO HALL 5 11am-10pm DAILY Thebestplatform toINCREASE yourSALES! BOOK YOUR SPACE NOW! Call 6747 4620 or email sales@exhibitsinc.com.sg Organised by: Organiser of IT Show, COMEX, World Food Fair, Consumer Electronics Exhibition and Yummy Food EXPO
      46 words
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      62 16 mm iBSffn Baby Baby Exhibition 10-12 June 2016 Singapore EXPO Hall 5 Sell your brand, products services directly to over 70,000 new and expecting parents in June 2016! Book your space now! Mr Jeffrey Foo 9008 9391 jefffoo@sph.com.sg Ms Sharifah Fadlia 9005 3451 sfadlia@sph.com.sg Organised by: ASUBSOWRVOFSlSl For more information,
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      25 16 IT’S SUPERMAN VS BATMAN FEVERN THIS MONTH Learn How Henry Cavill Built A Body Fit For The Man OfSteel! GET YOUR MARCH ISSUE NOW! MENSHEALTH.COM.SG
      25 words
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  • TECHNOLOGY
    • Article, Illustration
      Lock icon Chinese twist to Apple’s privacy stand-off
      1371 17 The company is playing the long game with its business because if it cooperates with one government, it will have to cooperate with all of them NYT San Francisco IT TOOK six years for Apple to persuade China’s largest wireless carrier, China Mobile, to
      NYT; PHOTO: REUTERS  -  1,371 words
    • Article, Illustration
      Lock icon Using virtual reality to transform the movie-going experience
      561 17 AFP Vancouver CHRIS Milk stepped onto a TED Conference stage and took the audience on an awe-inducing trip into the future of movies. While much of the early attention on virtual reality has focused on use of the immersive technology in video
      AFP; PHOTO: AFP  -  561 words
    • Article
      Lock icon Tech startup valuations may fall 5% a month
      312 17 BLOOMBERG New York VALUATIONS of closely held technology companies could decline by about 5 per cent a month in the next six to nine months, according to Anton Levy, managing director and head of global Internet and technology at General Atlantic. “You’re
      BLOOMBERG  -  312 words
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      560 17 INVITATION TO PROVIDE WRITTEN SUBMISSIONS ON SPECIFIC ASPECTS OF THE ELECTED PRESIDENCY The Constitutional Commission 2016 ("the Commission") seeks submissions from the public on the following matters: (a) The qualifying process for candidacy for the Elected President, particularly the eligibility criteria for such candidates, and whether the existing provisions in
      560 words
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  • CONSUMER
    • Article, Illustration
      Lock icon India Post rides e-commerce wave as villagers take to online shopping
      873 18 Postal giant has tied up with 400 e-commerce companies to deliver goods in the absence of reliable private delivery companies outside the big cities AFP Alwar, India WITH his rickety bicycle and sackcloth mail bag, 62-year-old Indian postman Chet
      AFP; PHOTO: AFP  -  873 words
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      Lock icon Japan’s Sharp to vote on rival takeover bids on Thursday: sources
      450 18 REUTERS Tokyo SHARP Corp plans to choose between rival rescue offers as soon as Thursday, as a favoured bid from Taiwan’s Foxconn continues to be challenged by a Japanese state-backed investment fund, people with direct knowledge of the matter
      REUTERS; PHOTO: REUTERS  -  450 words
    • Article
      Lock icon Amazon keen to set up parcel locker network across Europe
      405 18 REUTERS Berlin AMAZON.COM Inc wants to set up a network of parcel lockers across Europe to enable people to pick up their own orders as it seeks to widen delivery options and cut costs. Amazon already runs its own lockers
      REUTERS  -  405 words
    • Article
      Lock icon Richemont may axe up to 350 Swiss jobs
      187 18 AFP Geneva RICHEMONT, the world’s second-big-gest luxury goods group, is planning to cut up to 350 jobs in Switzerland this year amid a “difficult” watch market, a Swiss newspaper reported on Saturday. Richemont, which is second only to France’s LVMH in the
      AFP  -  187 words
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      373 18 NOTICES IN THE MATTER OF THE COMPANIES ACT (CAP 50) AND IN THE MATTER OF RENEWABLE ENERGY HOLDINGS PRIVATE LIMITED (IN LIQUIDATION) (COMPANY REGISTRATION NO. *****7720R) NOTICE OF INTENDED FIRST AND FINAL DIVIDEND FOR PREFERENTIAL CREDITORS Name of Company Address of Registered Office Last Day for Receiving Proofs Name of
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  • GOVERNMENT & ECONOMY
    • Article
      Lock icon Now comes the hard part for IMF’s Lagarde
      532 19 She may have won a second term as head easily but will find it more challenging to deal with the global economy BLOOMBERG Washington FOR Christine Lagarde, winning a second term heading the IMF was the easy part. Now comes the hard
      BLOOMBERG  -  532 words
    • Article
      Lock icon India is open for business, but more work needs to be done
      563 19 WP Mumbai IF THERE was one message that Indian Prime Minister Narendra Modi wanted to send to the world last week, it’s that there are big investment opportunities in India. At a flashy week-long event in India’s commercial
      WP  -  563 words
    • Article
      Lock icon Pricing power starting to emerge as US economy improves
      646 20 Consumer prices excluding food and fuel rose in January by the most in more than four years BLOOMBERG Washington AN IMPROVING economy may finally allow American companies to charge more, giving the Federal Reserve reason to believe its battle to underpin
      BLOOMBERG  -  646 words
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      Lock icon Europe’s last old-school trading floor moves home
      476 20 AFP London LONDON’S metal traders used to conduct their business in a rowdy coffee house. Two centuries later, they are still shouting across Europe’s last open-outcry trading floor but in a plush, new, high-tech office. The heart of the operation is a circle
      AFP; PHOTO: BLOOMBERG  -  476 words
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      Lock icon India changing its decades-old reliance on female sterilisation
      798 20 NYT Mahendragarh, India THIS is what family planning in India often looks like: Women in their 20s, mostly farmers’ wives, gather at dawn on the stairs of a district hospital. Hours later, a surgeon arrives. His time is short. He asks the
      NYT; PHOTO: NYT  -  798 words
    • Article
      Lock icon China leads countries whose M&As were probed by CFIUS
      577 20 Committee on Foreign investment in the United States reviews deals for national security concerns REUTERS Washington CHINA led the pack of countries whose planned US acquisitions and investments for 2014 were probed for US security implications, making it the most scrutinised
      REUTERS  -  577 words
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  • Page 22 Advertisements
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  • DINING OUT
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      Lock icon Competing flavours in eclectic cuisine
      926 23  -  Cheek By Jowl chef Rishi Naleendra needs to rein in his tendency to overdress to impress. BY JAIME EE impress.BY JAIME EE NEW RESTAURANT Cheek By Jowl 21 Boon Tat Street Tel: 6221-1911 Open for lunch and dinner Mon to Fri: 12pm to 2.30pm; 5pm
      PHOTOS: JOHN HENG  -  926 words
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      225 23 SINGAPORE CHRONICLES By the experts, for everyone. On sale at $16 at all major bookstores and www.stpressbooks.com.sg Show Me the Money (Book 3) writes about the methods to spot financial bubbles, the danger signs of the market and the fraud of listed companies. Based on the case studies of past
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      8 23 www.omy.sg 0ftjl0 0fuK SCAN 8 READ more @lifestyle.omy.sg
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  • LIFE & CULTURE
    • Article
      Lock icon Documentary on Europe’s refugees wins Berlin fest top prize
      575 24 AFP Berlin THE Berlin film festival wrapped up on Sunday after Fire at Sea, a harrowing documentary about Europe’s refugee crisis, clinched its Golden Bear top prize from a jury led by Meryl Streep. As Europe grapples with its biggest migrant
      AFP  -  575 words
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      Lock icon Fashion’s newest trend: silence in the front row
      610 24 What gives? The publicists and celebrity wranglers at the shows weren’t talking, either NYT New York IT’S A tried-and-true ritual of New York Fashion Week. Designers hold shows and invite a few celebrities to sit in the front row: perhaps the star
      NYT; PHOTOS: NYT  -  610 words
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      Lock icon Mockingbird author is memorialised as she lived: quietly and privately
      799 24 NYT Monroeville, Alabama FRIENDS and family from around the corner and across the US gathered here on Saturday to pay their final respects to Harper Lee, the author whose Pulitzer Prize-win-ning novel about racial inequality in the South during the
      NYT; PHOTOS: NYT  -  799 words
  • Page 24 Miscellaneous
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      379 24 CRYPTIC CROSSWORD Across 1 Collapsed, having lost spark in performance (8) 5 Little son worries sudden attacks of fear (6) 9 Way-out assessment at election time (4,4) 10 Base character in Shakespeare play (6) 12 One dying in his ship’s hold (6) 13 Plant coming from Cuba is so unusual
      379 words