The Business Times, 29 October 2016

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

Microfilm: NL34119
Total Pages: 68
1 12 The Business Times
Page thumbnail Page 1
  • Page 1 Advertisements
    • Advertisement
      Lock icon Page 1 Advertisements Column 1
      75 1 S$1.20 I N ES S T I M ES N OT TO B E S O LD S E PA R AT E LY FR O M T H E B U S Oct 29–30 2016 I bake. I post. I am a CFO. The new age of closet bakers
      75 words
Page thumbnail Page 2
Page thumbnail Page 3
  • Page 3 Advertisements
    • Advertisement
      Lock icon Page 3 Advertisements Column 1
      59 3 Didier Gourdon L RICHARD IVIILLE m 7S3 St ft r urn !A kff 0.1 a? sit 3SM r 'I I sV s 5 '*7 a 2 •U m -rf m !rm- A CALIBER RM 07-01 RICHARD MILLE BOUTIQUES SINGAPORE Grand Hyatt Hotel 65 6733 1313 Marina Bay Sands Hotel 65
      59 words
Page thumbnail Page 4
  • THE BUSINESS TIMES WEEKEND
    • Weekend Buzz
      • Article, Illustration
        Lock icon Hometown Glory
        104 4 Joining actors Takeshi Kitano (Tokyo) and Lee Byung-Hun (Seoul) as featured guests in Louis Vuitton’s new collection of City Guides is Singapore playwright Michael Chiang. “Every Singaporean is a food vigilante,” quips Chiang in the updated 2017 edition. “We will loudly declare what we like and dislike. I
        104 words
      • Article, Illustration
        Lock icon Twists & Turns
        93 4 Twists Turns Hong Kong noir thriller Nessun Dorma reunites screenwriter Erica Lee and prolific director Herman Yau fresh after The Mobfathers (2016) and Sara (2015). Named after the famed aria in Turandot, it stars model-actress Janice Man, Gordon Lam and Andy Hui in a relentlessly twisting plot of a kidnapper
        93 words
      • Article, Illustration
        Lock icon Dine Now
        45 4 l–r:COCOTTELazy to cook? The signature whole roast chicken is now available as takeaway. T. 6298 1188. BROTZEIT A 10-sausage platter to celebrate its 10th anniversary. T. 6272 8815. POPBAR Get gelato on a stick at this New York import in in Plaza Singapura.
        45 words
      • Article, Illustration
        Lock icon my favourite album
        48 4 UNKNOWN PLEASURES (1979) BY JOY DIVISION “The Manchester legends’ debut album is a classic in many ways, right down to the iconic cover designed by Peter Saville, who went on to design the England football strip and art direct ads for Dior.” Frank Cheung, designer
        48 words
    • Weekend Buys
      • Article, Illustration
        Lock icon Boutique
        134 6 “I like metallic accents to lift my usually monochromatic outfits. To play down the sheen for day, I pick accessories with a matte finish.” ANDREA YEO associate director in investment banking “A skinny cuff adds dimension and understated glamour to an outfit, like this special edition piece.” TAN MING
        BY MAY YIP. PRICES ARE ACCURATE AT TIME OF PRINTING  -  134 words
    • The Weekend Interview
      • Article, Illustration
        Lock icon Darius Cheung
        988 9  -  Founder of 99.co by GEOFFREY EU AFTER Darius Cheung was offered a raw deal while looking for a home to rent, he got mad then he got even. Along with his tech-savvy partners, the internet entrepreneur founded property search portal 99.co in 2014 to provide the information and
        ART DIRECTION CHRIS FOO. PHOTOGRAPHY KEVIN YANG  -  988 words
    • Weekend Style
      • Article, Illustration
        Lock icon What Time Is Lunch?
        158 11 When the hours are rushing like minutes and tar pau is the only option. Rolex Oyster Perpetual Datejust 41 in yellow Rolesor, fluted bezel, champagne with sunray finish dial, jubilee with five-piece solid links bracelet with folding Oysterclasp, price upon request. Richard Mille RM 016 Automatic
        STYLING CHEAH WEI CHUN. PHOTOGRAPHY MICKY WONG. STYLIN ASSISTANT GRACIA PHANG  -  158 words
    • Weekend Feature
      • Article, Illustration
        Lock icon I Want To Bake Free
        2014 14  -  may be amateu chefs, but their pictureperfect bakes have gotten social media followers salivating. Rachel Loi meets the closet bakers who could give the professionals serious heartburn. ANTHONY HUANG @antsandbeessg Chief Financial Officer, 46. by SANDRA SANDRA LEE by SIOW-LING by ANTHONY HUANG by YASAKI-TAN
        ALL PHOTOS COURTESY  -  2,014 words
    • Weekend Haunt
      • Article, Illustration
        Lock icon Joo Chiat
        539 18  -  A lifelong resident of Singapore’s colourful Peranakan quarter witnesses the changing face of his neighbourhood. WITH DENNIS TAY DENNIS Tay has lived in Joo Chiat all his life (“half a century and counting”) and refuses to move anywhere else. “The food is too good,” reasons the retired naval
        TAN JULIANA PHOTOS TAN. DYLAN TEXT  -  539 words
    • Weekend Design
      • Article, Illustration
        Lock icon Ground Higher
        534 20  -  Tay Suan Chiang peeks into an award-winning home designed for a multi-generational family. Tay Suan Chiang WHEN Teo Yee Chin first lay his eyes on the plot of land sitting on a slope, he knew he was going to build a house with a multi-million dollar view. “From
        BRUT. BETON / JIE GUO KHOO PHOTOGRAPHY; ......  -  534 words
    • Weekend Nostalgia
      • Article, Illustration
        Lock icon Drinking Kakis
        158 22 Jun 1950 Summertime, and the livin’ is easy. Which just about describes these two kids living on Pulau Bukom 5km south of Singapore back in the 50s. They were among the 5000-strong population of the 1.45 sq km island mainly employees of Shell and their families. The oil
        HOLDINGS PRESS SINGAPORE IMAGE NIM. AVANTI BY  -  158 words
Page thumbnail Page 5
  • Page 5 Advertisements
    • Advertisement
      Lock icon Page 5 Advertisements Column 1
      256 5 A Cruise to remember GONE are the days when the navigating a river involved a rickety boat, wooden oars, and two very sore arms. Instead of taking multiple flights and unpacking your suitcases more than once, sit back and enjoy an eight-day Rhine cruise which will let you see more
      256 words
Page thumbnail Page 6
Page thumbnail Page 7
  • Page 7 Advertisements
    • Advertisement
      Lock icon Page 7 Advertisements Column 1
      212 7 The SME Magazine: Coming to you with your copy of The Business Times on Nov 2! IN THIS ISSUE GO GLOBAL TO GO BIG: With business expectations in Singapore expected to remain bleak for the next few years, SMEs are venturing abroad in search for growth. SUCCESSOR WANTED: As On
      212 words
Page thumbnail Page 8
Page thumbnail Page 9
  • Page 9 Advertisements
    • Advertisement
      Lock icon Page 9 Advertisements Column 1
      59 9 t ROLEX THE GMT-MASTER II Designed for airline pilots in 1955 to read the time in two time zones simultaneously, perfect for navigating a connected world in style. It doesn’t just tell time. It tells history. 28 S OYSTER PERPETUAL GMT-MASTER II IN IS CT WHITE GOLD THE ROLEX CENTRE.
      59 words
Page thumbnail Page 10
Page thumbnail Page 11
Page thumbnail Page 12
Page thumbnail Page 13
Page thumbnail Page 14
Page thumbnail Page 15
Page thumbnail Page 16
Page thumbnail Page 17
Page thumbnail Page 18
Page thumbnail Page 19
Page thumbnail Page 20
Page thumbnail Page 21
Page thumbnail Page 22
Page thumbnail Page 23
Page thumbnail Page 24
  • Page 24 Advertisements
Page thumbnail Page 1
  • Title Section
    Lock icon Masthead
    23 1 THE BUSINESS TIMES WEEKEND www.businesstimes.com.sg~ ~@BusinessTimes A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MCI (P) 066/08/2016 S$1.20 OCTOB R 29-30, 2016
    23 words
  • Page 1 Advertisements
    • Advertisement
      Lock icon Page 1 Advertisements Column 1
      202 1 THE RAFFLES CONVERSATION KAZUO HIRAI, CEO, SONY CORP 14-15 THE FINISH LINE Where have all the fans gone? 31 OFFBEAT An uber interesting ride home 35 INSIDE VIEW WHIZ KID Zombie machines and cyber attacks Last week was the first time Singapore has experienced an attack on its telco infrastructure,
      202 words
Page thumbnail Page 2
  • PERSPECTIVE
    • Article, Illustration
      Lock icon Zombie machines and cyber attacks
      696 2  -  INSIDE VIEW by Kelly Tay 1What do you think was the most remarkable thing that happened this week? Lots happened: Singapore’s central bank warned of growing mismatches among the resident workforce; the Singapore Table Tennis Association announced that it has dropped three-time Olympic medallist Feng
      696 words
    • Article
      Lock icon THE WEEK IN REVIEW
      208 2 The Monetary Authority of Singapore (MAS) warned that Singapore’s gross domestic product (GDP) growth is not expected to pick up significantly in the near term. In its latest Macroeconomic Review, the central bank said that growth in trade-related industries is likely to be constrained. Tues, Oct
      208 words
    • Article
      Lock icon THE WEEK AHEAD
      64 2 DBS Group Holdings’ Q3 2016 results Mon, Oct 31 Release of monetary policy statement by the Bank of Japan Tues, Nov 1 SIA Engineering’s Q2 FY2016/17 results Tues, Nov 1 China Aviation Oil (Singapore) Corporation’s and StarHub’s Q3 FY2016 results Wed, Nov 2 Singapore Airlines’ Q2 2017
      64 words
Page thumbnail Page 3
  • Page 3 Advertisements
    • Advertisement
      Lock icon Page 3 Advertisements Column 1
      97 3 Opportunity doesn't sleep. Neither should your wealth. -m* Dashboard Portfolio Views Online Equity Trading m The new DBS iWealth Be in complete control, wherever you are. Bank, trade and keep track of your portfolio on one simple yet powerful dashboard. Stay connected to insights and seize opportunities 24/7. Live unstoppable
      97 words
Page thumbnail Page 4
Page thumbnail Page 5
  • Page 5 Advertisements
    • Advertisement
      Lock icon Page 5 Advertisements Column 1
      304 5 “I love it that Tiong Bahru is so near the city. My customers never have to go out of their way... some of them even pop by during their lunch break.” Elyn Wong of Stolen WHERE HOME IS JUST MINUTES AWAY FROM ORCHARD ROAD AND THE CBD Tiong Bahru Insider
      304 words
Page thumbnail Page 6
Page thumbnail Page 7
  • Page 7 Advertisements
    • Advertisement
      Lock icon Page 7 Advertisements Column 1
      242 7 THE SOUND VISION SPECIALIST The Headphone Bar SALE Parrot Audeze Cypher Labs AKG Audinst Sennheiser B&0 Heir Audio WOO Audio Fischer Audio HiFiMAN Ultimate Ears JAYS Klipsch Chord Selection of over 200 models available T Parrot T Zik3.0 J FiiO RHA Shure KEF Burson Westone Grado Turntable Specials for Analogue
      242 words
Page thumbnail Page 8
Page thumbnail Page 9
  • BRUNCH
    • Article, Illustration
      Lock icon SINGAPORE, THE FINTECH PRODIGY London calling?
      2512 9  -  THIS TINY ISLAND IS SKIPPING GRADES TO BECOME THE WORLD’S TOP FINTECH HUB. BY JAMIE LEE leejamie@sph.com.sg @JamieLeeBT Two years ago, Jim Reichbach found himself working his way through a crush of entrepreneurs at a networking do in New York City. It was cocktail
      PHOTO: YEN MENG JIIN; PHOTO ILLUSTRATION: SIMON ANG; Source: Deloitte  -  2,512 words
Page thumbnail Page 10 / 11
Page thumbnail Page 12 / 13
  • THE RAFFLES CONVERSATION
    • Article, Illustration
      Lock icon KANDO MAN
      2361 12 / 13  -  The first thing Kazuo Hirai does on meeting this writer is congratulate him on his choice of digital recorder, a Sony model. The affable and charismatic president and CEO of Sony Corp says that sometimes people come to interview him carrying an Olympus recorder. “It usually doesn’t work;
      PHOTO: ARTHUR LEE  -  2,361 words
Page thumbnail Page 14
  • INVESTING & WEALTH
    • COMPANIES
      • Article, Illustration
        Lock icon CDL Hospitality Trusts’ Q3 DPS up 3.4% at 2.44 S’pore cents
        663 14  -  This was bolstered by its hotels in the United Kingdom and New Zealand by Nisha Ramchandani nishar@sph.com.sg @Nisha_BT Singapore CDL Hospitality Trusts’ (CDLHT) distribution per stapled security (DPSS) rose 3.4 per cent to 2.44 Singapore cents for the third
        663 words
      • Article
        Lock icon Frasers Hospitality Trust DPS falls 9.4% for Q4 to 1.19 cents
        546 14  -  By Jacquelyn Cheok jaccheok@sph.com.sg @JacCheokBT Singapore HOTELS and serviced residences owner Frasers Hospitality Trust on Friday posted a 9.4 per cent fall in distributable per stapled security (DPS) to 1.19 Singapore cents for the fourth quarter ended Sept 30,
        546 words
      • Article
        Lock icon Asset renovations hit Starhill’s Q1
        495 15  -  DPU dips 0.8 per cent, net property income drops 1.7 per cent By Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore ASSET enhancements and tenant transitions at Starhill Global Reit’s Australian and Chinese shopping malls affected its first-quarter performance slightly, although its Singapore assets continued to do well.
        495 words
      • Article
        Lock icon UIC’s Q3 profit hurt by lower revenues from JV projects
        440 16  -  Group reports 2% fall in net profit to S$64m, expects office rental rates to continue to soften by Michelle Quah michquah@sph.com.sg @MichelleQuahBT Singapore UNITED Industrial Corporation (UIC) reported a slight dip in earnings for the third quarter as the contribution
        440 words
      • Article
        Lock icon IndoAgri in the black for Q3 on stronger revenue, forex gains
        486 16  -  by Jacquelyn Cheok jaccheok@sph.com.sg @JacCheokBT Singapore AGRIBUSINESS group Indofood Agri Resources (IndoAgri) reversed its fortunes and turned a profit for the third quarter (Q3 2016), thanks to stronger revenue and forex translation gains. The group on Friday posted net
        486 words
      • CORPORATE DIGEST
        • Article
          Lock icon Tianjin zhong xin Pharma
          141 16 TIANJIN Zhong Xin Pharmaceutical Group Corp saw net profit for the third quarter ended Sept 30 slide 6 per cent year on year to 89.32 million yuan (S$18.4 million). Meanwhile, revenue for the three-month period fell 10 per cent to 1.49 billion yuan. However, gross profit
          141 words
        • Article
          Lock icon Oriental Group
          131 16 THE debt-ridden steel manufacturing company on Friday said that it will sell its entire shareholding interests in its wholly owned subsidiary, Wan Dormitory, for S$24 million. The purchaser is Dacai, a wholesaler of fruits and vegetables. Wan Dormitory is an industrial property management com- pany. Its principal asset
          131 words
        • Article
          Lock icon OCBC
          119 16 OCBC Bank said on Friday that it has become the first bank in the Asia-Pacific to enable secure payments via Apple’s virtual assistant Siri and messaging service iMessage. To send money using Siri, users will need to instruct Siri with a voice command indicating who from their contact list
          119 words
      • Article, Illustration
        Lock icon SingPost shares climb 4.6% after Alibaba deal approved
        489 17  -  Analysts say attention will now be focused on group’s dividend policy review HOT STOCK by Melissa Tan melissat@sph.com.sg @MelissaTanBT Singapore NEWS that Chinese e-commerce titan Alibaba has gotten the green light from regulators to raise its stake in postal and e-commerce group
        Source: Bloomberg  -  489 words
      • Article, Illustration
        Lock icon RBS posts Q3 loss of £469m on restructuring, litigation costs
        445 17 BLOOMBERG London ROYAL Bank of Scotland Group Plc, Britain’s biggest governmentowned lender, swung to a loss in the third quarter as the bank took £894 million (S$ 1.51 billion) in charges for restructuring and litigation. The net loss of £469
        BLOOMBERG  -  445 words
      • Article
        Lock icon China’s crackdown on Crown creates uncertainty, says rival Star
        276 17 BLOOMBERG Sydney CHINA’S detention of 18 employees of Crown Resorts Ltd has created some uncertainty and it’s tough to grasp how the crackdown might impact business, Australian rival Star Entertainment Group said. The potential effect on Star’s revenue isn’t yet clear
        BLOOMBERG  -  276 words
      • Article
        Lock icon SECURITIES TRADING SCOREBOARD
        196 17 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 4 4 5 0 0 0 4 4 5 Manufacturing 28 36 26 9 13 9 37 49 35 Commerce 14 19 10 5 6 3 19 25 13 Tpt/Stor/Comms 6 13 9
        196 words
      • Article
        Lock icon SECURITIES TRADING TURNOVER
        132 17 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 19,438 19,438 57,707 57,707 Manufacturing 89,938 36,130 126,068 73,474 1,372 74,846 Commerce 125,497 52,237 177,734 69,417 470 69,887 Tpt/Stor/Comms 89,233 340 89,573 155,191 32 155,223 Finance 19,637 716 20,353 182,251 119 182,370 Construction 38,047 14,232
        132 words
      • Article
        Lock icon STI drifts to 0.6% loss for week ahead of US elections
        562 18  -  STOCKS by R Sivanithy AHEAD of the US presidential elections on Nov 8, markets everywhere traded within narrow bands, which is entirely to be expected given the massive uncertainty that could ensue if Republican candidate Donald Trump wins. As
        562 words
      • Article
        Lock icon BT SHARE INFORMATION SERVICE
        802 18 Substantial shareholder/director transactions For week beginning Oct 24 Substantial Buy No of Price ———SHAREHOLDING Trans Shareholder/ Sell Shares Per Before After Stock Date Director Conv '000 Shr ('000) ('000) Broadway Ind Grp 26-Oct-16 Delta Lloyd Asset *Sell 1359 0.20 ***** 6.27 ***** 5.98 Hwa Hong Corp
        802 words
      • BROKERS’ TAKE
        • Article
          Lock icon Japfa > Buy
          83 18 Japfa > Buy DBS Group Research, Oct 28 Target price: S$1.18 Oct 28 close: S$0.835 JAPFA Ltd’s FY15-18 forecast earnings before interest, tax, depreciation and amortisation compounded annual growth rate of 19 per cent justifies our implied 6.3 times forward enterprise value to Ebitda multiple. The stock trades at a
          83 words
        • Article
          Lock icon Sembcorp Industries > Buy
          140 18 Sembcorp Industries > Buy OCBC Investment Research, Oct 28 Target price: S$3.07 Oct 28 close: S$2.53 SEMBCORP Industries reported a 10.8 per cent year-on-year drop in revenue to S$2.1 billion and a 2.9 per cent rise in gross profit in Q3 FY16. However, net profit fell 55.9 per cent year-on-year
          140 words
        • Article
          Lock icon OCBC Bank > Neutral
          150 18  - OCBC Bank > Neutral Compiled by Kenneth Lim Phillip Securities, Oct 28 Target price: S$8.25 Oct 28 close: S$8.50 OCBC’s customer loan book declined 1.9 per cent year-on-year but managed to squeeze a 1.5 per cent quarter-on-quarter increase after three consecutive quarters of decline. The quarter-on-quarter increase in loans was
          150 words
    • Challenges in retirement
    • Article
      Lock icon RETIREMENT SPENDING AND INVESTING: A PRIMER ON RISKS
      1414 19  -  They are related to longevity, withdrawal rate, housing, inflation and sequence of returns. BY GENEVIEVE CUA BY GENEVIEVE CUA gen@sph.com.sg @GenCuaBT A RETURN assumption of 6 to7 per cent per annum seems respectable for a retirement portfolio. But did you know that
      1,414 words
    • Article, Illustration
      Lock icon US$49t infrastructure problem may not get solved anytime soon
      843 20 A recent research report says unlisted infrastructure remains handicapped by a dearth of investor-friendly investment vehicles BLOOMBERG AN abundance of global savings. Trillions of dollars of negative-yielding bonds. And a bevy of institutional investors hungry for positive, long-dated yields to match
      BLOOMBERG; PHOTO: BLOOMBERG  -  843 words
    • Article, Illustration
      Lock icon Drawing down retirement money
      786 21  -  Retirees need meticulous planning to ensure they have sufficient income to last them in their golden years. By Christopher Tan ~The writer is chief executive officer of Providend, a fee-based financial advisory firm specialising in retirement planning THERE are broadly two phases in retirement planning: accumulation
      Source: Providend Ltd  -  786 words
    • Indices
    • Article, Illustration
      Lock icon Commodities
      26 22 NAME PRICE/UNIT 3-MONTH% Gold US$1,266.30/OZ -5.5 Silver US$17.598/oz -13.4 Copper US$4,790/MT -1.2 Soybeans US$1,025.0/bu 3.9 Palm Oil MYR2,789/MT 20.2 Coffee US$165.30/lb 13.7 Sugar US$22.48/lb 17.2
      26 words
    • Currencies
      • Article
        Lock icon Asian currency vs USD
        94 22 CURRENCY PRICE 5-DAY 5-DAY 1-MONTH 1-MONTH YEAR-TO-DATE Singapore dollar 1.3948 -0.06 -2.44 1.31 China RMB 6.7801 -0.24 -1.57 -4.32 Offshore RMB 6.7949 -0.29 -1.60 -3.31 Indian rupee 66.8500 0.07 -0.57 -1.03 Indonesian rupiah 13,061 -0.02 -0.84 6.04 Japanese yen 105.31 -1.52 -4.36 14.31 Korean won 1,144.91
        94 words
      • Article, Illustration
        Lock icon Singapore dollar per USD
        12 22 Compiled from Bloomberg at 5.30pm on October 28
        Compiled from Bloomberg at 5.30pm on October 28  -  12 words
    • STI
      • Article
        Lock icon Straits Times index component stocks
        396 23 NAME PRICE WEEKLY PRICE CHANGE PRICE LOW HIGH YTD TOTAL RETURNS P/E P/B DIVIDEND 12-MONTH YIELD MARKET CAP ($M) 52 WEEK PRICE RANGE Golden Agri-Resources Ltd 0.395 0.315 0.435 17.6 59.0 0.95 1.3 5,030.2 Jardine Cycle Carriage Ltd 42.35 31.95 44.9 24.8 18.2 2.16 2.2
        396 words
    • Reits and rates
    • REAL ESTATE
      • Article
        Lock icon Net office demand contracts in Q3, vacancy crosses 10%
        890 24  -  Stock of office space in Singapore rises by 101,000 sq m after climbing 27,000 sq m in previous quarter by Kalpana Rashiwala kalpana@sph.com.sg @KalpanaBT Singapore THE amount of occupied office space islandwide contracted 5,000 square metres (sq m) in the third
        890 words
      • Article, Illustration
        Lock icon Asset manager Brookfield in talks to buy £600m London office tower: sources
        397 24 BLOOMBERG London BROOKFIELD Asset Management Inc is in exclusive talks to acquire CityPoint Tower, a London office building less than a mile (1.6 km) from the Bank of England, according to two people with knowledge of the matter.
        BLOOMBERG; PHOTO: BLOOMBERG  -  397 words
      • Article
        Lock icon Singapore Q3 retail vacancies rise to 5-year high of 8.4%
        632 25  -  URA data shows decline in rents and prices moderating, but analysts see no light at the end of the tunnel for retailers by Kalpana Rashiwala kalpana@sph.com.sg @KalpanaBT Singapore THE decline in both retail property rents and prices was slower in
        632 words
      • Article
        Lock icon Residential land prices in China’s first-tier cities soar 19.02% in Q3
        201 25 REUTERS Beijing RESIDENTIAL land prices in China’s first-tier cities soared 19.02 per cent on-year in the third quarter, while prices diverged dramatically between cities in other tiers, Ministry of Land and Resources (MLR) data showed. Residential land prices in
        REUTERS  -  201 words
      • Article
        Lock icon Househunt
        1540 26 Property transactions for selected districts with contract dates between Oct 13 and Oct 18, 2016 PROJECT NAME/ PROP CONTRACT TENURE BUILT-IN TRANSACTED PSF TOX* RENTAL STREET NAME TYPE DATE /LAND PRICE (S$) YIELD** AREA (S$,000) (SQF) District 1 V ON SHENTON Apt 13/10/2016 99 474 1,351 2,852 6.36 3.15
        1,540 words
      • Article
        Lock icon Top median rentals of projects by district in last 3 months
        304 27 PROJECT NAME/ PROPERTY LOWEST MEDIAN HIGHEST NO. OF STREET NAME TYPE PRICE (S$) PRICE (S$) PRICE (S$) TRANSACTIONS District 1 THE SAIL MARINA BAY Apt 3,000 4,400 8,600 23 ROBINSON SUITES Apt 2,800 3,000 3,300 14 District 2 ALTEZ
        304 words
      • Article
        Lock icon Top 10 condo searches
        91 27 RANKING NAME TOTAL SEARCHES IN PAST MEDIAN PRICE PSF TWO WEEKS (S$) 1 OUE TWIN PEAKS 819 2,617 2 THE SAIL MARINA BAY 761 1,734 3 MAPLEWOODS Condo 746 1,367 4 CARIBBEAN AT KEPPEL BAY 642 1,443 5 CITY SQUARE RESIDENCES 548 1,358 6 ALTEZ 421
        91 words
      • Article
        Lock icon Mortgage rates this week
        162 27 from what you see when you visit a financial institution, service provider or specific product’s site. All financial products, shopping products and services are presented without warranty. DATE FLOATING RATES, PEGGED TO: FIXED RATES WEEK OF OCT 24 SIBOR SOR COMBO BANK’S BOARD RATE Lowest rate
        162 words
      • Article
        Lock icon Rebirth of Bronx housing project aims to cut crime
        648 27 Lambert Houses redevelopment will also increase homes NYT New York SOON after they opened in the mid-1970s, the Lambert Houses near the Bronx Zoo in New York City were praised as an innovative example of low-income housing, with urban planning experts
        NYT  -  648 words
Page thumbnail Page 15
  • Page 15 Advertisements
    • Advertisement
      Lock icon Page 15 Advertisements Column 1
      275 15 NOTICES Tel 6289-8822 I Email notices@sph.com.sg I www.sphclass.com.sg Notice of Appointment of a Liquidator under Section 204 of the BVI Business Company Act. FOXBAR INVESTMENTS LTD. (the “Company”) (Incorporated in the British Virgin Islands) Co Reg No.: *****22 NOTICE IS HEREBY GIVEN pursuant to Section 204(1 )(b) of the BVI
      275 words
    • Advertisement
      Lock icon Page 15 Advertisements Column 2
      254 15 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 BALDOR ELECTRIC (ASIA) PTE. LTD. Co. Reg. No. *****0468K MEMBERS’ VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the Company held on the 24th day of October 2016, the following special resolution was duly passed: “That the Company be wound up
      254 words
    • Advertisement
      Lock icon Page 15 Advertisements Column 3
      254 15 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 GP (RAIGAD) PTE. LTD. Co. Reg. No. *****4049Z MEMBERS’ VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the Company held on the 21 st day of October 2016, the following special resolution was duly passed: “That the Company be wound up
      254 words
    • Advertisement
      Lock icon Page 15 Advertisements Column 4
      441 15 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF BW VENTURES PTE. LTD. Company Registration No. *****3850R (In Member’s Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the Company deemed held on the 28th day of October 2016, the Resolutions set
      441 words
    • Advertisement
      Lock icon Page 15 Advertisements Column 5
      439 15 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SHINANO SHIPPING PTE. LTD. Company Registration No. *****4263E (In Member’s Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the Company deemed held on the 28th day of October 2016, the Resolutions set out
      439 words
Page thumbnail Page 16
Page thumbnail Page 17
Page thumbnail Page 18
Page thumbnail Page 19
Page thumbnail Page 20
Page thumbnail Page 21
Page thumbnail Page 22
Page thumbnail Page 23
Page thumbnail Page 24
Page thumbnail Page 25
  • Page 25 Advertisements
    • Advertisement
      Lock icon Page 25 Advertisements Column 1
      61 25 GOOD CLASS BUNGALOW HOLLAND PARK *****/ ***** sqft Brand new, pte lift Elevated, wide frontage Opp Botanic Gdn Motivated Seller Exclusive Marketing Agent K H Tan *****348 Joanne Lai *****025 Newsman Realty Pte Ltd Estate Agt L*****29F. CEA Reg R*****9A, R*****3C Choose from various club memberships or sell yours in
      61 words
    • Advertisement
      Lock icon Page 25 Advertisements Column 2
      48 25 HOT PROPERTY CLAYMORE PLAZA FH Besides Shaw. 775 sf. Lowest for FH apt in Orchard. Co-broke welcome. THE RISE Oxley. FH. Walk to Somerset MRT. TOP 2018. 2bdrms $1.53M up. 3bdrms $1.63Mup. LOOKING FOR AN APARTMENT? Check out these properties and more in The Straits Times Classified now!
      48 words
Page thumbnail Page 26
Page thumbnail Page 27
Page thumbnail Page 28
  • THE BROAD VIEW
    • Article, Illustration
      Lock icon Breaking Deepavali’s binary code
      735 28  -  Only against the Dark can you see the Light better To understand the Hindu Festival of Lights on a deeper, more profound level, I had to see beyond the metaphors of “Light” versus “Darkness” and decode the ciphers within. SATURDAY SOAPBOX by Chantal Sajan chantal@sph.com.sg THE
      735 words
    • Article, Illustration
      Lock icon No sweat ahead for lovers of Michelin-starred soya sauce chicken
      702 30  -  Stall owner and Hersing join forces to set up 80-seater air-conditioned restaurant to take the dish to the next level by Tay Suan Chiang taysc@sph.com.sg @TaySuanChiangBT Singapore IT will no longer be a sweaty affair for customers tucking in at
      702 words
    • Article, Illustration
      Lock icon WHERE HAVE THE FANS GONE?
      1042 31  -  The world's top female tennis players are giving their all in Singapore in front of a half-full stadium, and this simply cannot do THE FINISH LINE By Lee U-Wen leeuwen@sph.com.sg @LeeUwenBT FOR the last nine months or so, several hundred female tennis players have travelled
      PHOTO: LAGARDERE SPORTS  -  1,042 words
Page thumbnail Page 29
  • Page 29 Advertisements
    • Advertisement
      Lock icon Page 29 Advertisements Column 1
      338 29 Unwind in style with the all-new 2-in-i Business Times Weekend From Saturday 8 October, the weekend edition will feature a luxury lifestyle magazine called Weekend that will be your slick, up-to-the-minute guide to the best in fashion, travel, food, design and more. Get your news fix too with the refreshed
      338 words
Page thumbnail Page 30
  • Page 30 Miscellaneous
    • Miscellaneous
      Lock icon Page 30 Miscellaneous Column 1
      26 30 News Centre, 1000 Toa Payoh North Podium Level 3, Singapore *****4 SPH: 6319-6319 BT: 6319-5360 FAX: 6319-8278 Customer service: 6388-3838 www.businesstimes.com.sg Press releases: btnews@sph.com.sg Letters: btletter@sph.com.sg
      26 words
    • Miscellaneous
      Lock icon Page 30 Miscellaneous Column 2
      36 30 CHIEF EXECUTIVE OFFICER SPH ALAN CHAN DEPUTY CHIEF EXECUTIVE OFFICER SPH PATRICK DANIEL DEPUTY CHIEF EXECUTIVE OFFICER SPH ANTHONY TAN EDITOR-IN-CHIEF (english/malay/tamil media group) WA RREN FERN A NDE Z GROUP CHIEF MARKETING OFFICER ELSIE CHUA
      36 words
    • Miscellaneous
      Lock icon Page 30 Miscellaneous Column 3
      12 30 EDITOR ALVIN TAY ASSOCIATE EDITOR VIKRAM KHANNA EXECUTIVE EDITOR WONG WEI KONG
      12 words
    • Miscellaneous
      Lock icon Page 30 Miscellaneous Column 4
      29 30 NIGHT EDITOR EDMUND LOH BT INC EDITOR LILIAN ANG CHIEF SUB-EDITOR DEXTER LEE FOREIGN CONTENT EDITOR QUAH CHOON POH DIGITAL EDITOR CHRISTOPHER LIM DEPUTY DIGITAL EDITOR LEE KIM SIANG
      29 words
    • Miscellaneous
      Lock icon Page 30 Miscellaneous Column 5
      27 30 NEWS EDITOR VEN SREENIVASAN DEPUTY NEWS EDITOR CHEN HUIFEN ASSOCIATE NEWS EDITOR ANGELA TAN ASSISTANT NEWS EDITOR JOYCE HOOI LIFESTYLE EDITOR JAIME EE GRAPHICS EDITOR SIMON ANG
      27 words
Page thumbnail Page 31
Page thumbnail Page 32
  • GOLF
    • Article, Illustration
      Lock icon Holding his own among pros
      449 32  -  Li Hao-tong beats a host of Major champions to win the 2016 Mission Hills World Celebrity Pro-Am. By Justine Moss champions By Justine Moss HE may have been in the company of a few multiple-major winning golfing greats, but Chinese professional Li Hao-tong played beautifully
      449 words
    • Article, Illustration
      Lock icon Getting up close and personal with Gary Player
      569 32  -  by Justine Moss MUCH has been written and commented on Tiger Woods’ return to playing on the PGA Tour after a 14-month absence. After announcing he would play in the Safeway Open earlier this month, the former world number one and 14-major
      569 words
Page thumbnail Page 33
  • LIFE & CULTURE
    • Article, Illustration
      Lock icon The rise of job interviews via webcams
      531 33 And the alternative is not an in-person interview; it is “no interview at all” CUBICLE FILES BLOOMBERG A RECENT graduate of UCLA, Jake Rosen was applying to be a page at NBC when he learned he wouldn’t be going to an office to
      BLOOMBERG  -  531 words
    • Article, Illustration
      Lock icon A walking enigma
      924 34  -  The feature-packed BauBax jacket will change the way you travel DISRUPTED by Jacquelyn Cheok jaccheok@sph.com.sg @JacCheokBT WHEN was the last time you were introduced to a product by a friend, thought the world of it, and then promptly ordered it for yourself? Mine was last week, when
      PHOTOS: YEN MEN JIIN  -  924 words
    • Article, Illustration
      Lock icon An uber interesting ride home
      952 35  -  OFFBEAT by Kelly Tay kellytay@sph.com.sg @KellyTayBT ~The driver gave his consent for his story to be shared IT’S 10.40pm on a Friday night. I’ve just left the office, and am waiting for my tardy Uber to appear. The app said my ride would arrive in
      952 words
  • Page 33 Advertisements
    • Advertisement
      Lock icon Page 33 Advertisements Column 1
      248 33 THE BUSINESS TIMES g M THi:a»MSSTIVjBiJ| Everyone deserves a great Weekend In celebration of The Business Times' 40th Anniversary, readers can enjoy discounts on Grab rides and dining deals at selected exquisite restaurants this October! S t N 5 0 y Grab $5 ofl your GrabTaxi ride this week! Enjoy
      248 words
Page thumbnail Page 34
Page thumbnail Page 35
  • Page 35 Miscellaneous
    • Miscellaneous
      Lock icon Page 35 Miscellaneous Column 1
      371 35 CRYPTIC CROSSWORD (4,5) 28 US sect going wrong under the influence of drink? (5) 29 Charge that’s put on commercial vehicle (4) 30 Thief’s sins might be represented as trickery (10) Across 1 Military resources quite heated before a check in East (3,7) 6 Horrible little container for water in
      371 words
Page thumbnail Page 36
  • Article, Illustration
    Lock icon GRANDTAG IS DEDICATED TO BUILDING BLUE OCEAN MARKETS
    788 36 PRODUCED BY CONTENT GROUP INTERNATIONAL WWW.CONTENTGROUPINTERNATIONAL.COM In a free market economy that we live, competition within industry for market share is a way of life that most companies can never avoid but have to live with. Whether we like it or not,
    788 words
Page thumbnail Page 1
  • Page 1 Advertisements
    • Advertisement
      Lock icon Page 1 Advertisements Column 1
      80 1 29-30 OCTOBER 2016 THE BUSINESS TIMES WEEKEND Jeff G MANNERINRINGERI G E, AUDI BOSS HAS A BIG DRIV AND AN ACE OF A DREAM S MURALI THERE’S NO WRITING OFF TIGER WOODS RON KASPRISKE HOW TO TAKE 10 YEARS OFF YOUR SWING OYSTER PERPETUAL DAY-DATE 40 Ws* I ROLEX Cortina
      80 words
Page thumbnail Page 2
  • 29-30 OCTOBER 2016 | THE BUSINESS TIMES WEEKEND Swing
    • editor’s letter
      • Article, Illustration
        Lock icon NO WRITING OFF THIS PREDATOR
        561 2  -  And to be at my age now, at 40 years old... I’m the first one to admit: I can’t do the things I used to be able to do. Most people can’t at my age, versus when they were younger. I have to find different
        illustration by Cel Gulapa  -  561 words
    • Article, Illustration
      Lock icon DRIVING AMBITIONS
      950 4  -  AUDI BOSS MANNERING SEES MERITS IN GOLF AS HE DREAMS OF AN ACE Hking BY GODFREY ROBERT The managing director of Audi Singapore was having a reasonable golf game at the tough Seletar Country Club course in a Business Times Corporate event. And enjoying it thoroughly. Then suddenly,
      Ishak Mohd by photo TNP  -  950 words
    • Article, Illustration
      Lock icon THE ELS CLUB, DESARU COAST COURSE
      604 6  -  TURNING A FORGOTTEN STRETCH OF BEACH INTO ONE OF THE MOST EXCITING GOLFING DESTINATIONS IN THE REGION BY BENNY TEO In the 80s, Desaru, with its stretches of balmy beaches sited along the southeastern coast of Malaysia, was a major attraction to Singaporeans. Golfers
      604 words
    • Article, Illustration
      Lock icon TAKE 10 YEARS OFF
      1142 8 / 9  -  THESE EXPERTS’ SECRETS FOR LONGEVITY MIGHT SURPRISE YOU BY RON KASPRISKE LONGEVITY MIGHT SURPRISE YOU id waters kept him as once spotted Oreang s ore ne ce so he could take ld Tom Morris thought the North Sea was golf’s fountain of youth. According to his
      Broden Fredrik by photo  -  1,142 words
    • play it
      • Article, Illustration
        Lock icon BALI HIGH
        549 10 / 11  -  BY TAN JU KUANG U KUANG Bali is known for many things. And recently, it has raised its stake in something that has taken a backseat to surf and its indomitable Bohemian culture golf. Front and centre in this realm, the Bali National Golf Club has helped the
        Club Golf National Bali of photo courtesy  -  549 words
      • Article
        Lock icon TANAH MERAH TOPS THE CLUBS
        151 10 / 11 Among competitive club golfers in Singapore, there is little to refute that the SGA In-ter-Club League is the marquee series of the year. Tanah Merah Country Club stood head and shoulders above the rest of the 13 golf clubs in Singapore to win the Champion’s
        151 words
      • Article
        Lock icon FRIENDLY COMPETITION
        262 10 / 11 If bonds among friends are reinforced through competition, then the Causeway Cup, presented by CIMB, has been an ideal platform whereby media from both sides of the Johor Straits have built lasting relationships. Started in 2008, the Ryder Cup-style golf tournament pits journalists and media professionals from Singapore
        262 words
Page thumbnail Page 3
  • Page 3 Advertisements
    • Advertisement
      Lock icon Page 3 Advertisements Column 1
      366 3 TEE OFF WITH A HOLID A Y IN T H E H IGH L A N DS OF V I E TN A M Hoang Sa Islands CHAMPIONSHIP GOLF MEETS LUXURY LIVING AT 1200M ABOVE SEA LEVEL Nestled among the cool fragrant pines of hillside forests, The Dàlat at 1200
      366 words
Page thumbnail Page 4
Page thumbnail Page 5
  • Page 5 Advertisements
    • Advertisement
      Lock icon Page 5 Advertisements Column 1
      135 5 True insight knows no limits. Your data and analytics shouldn’t either. In one day, you’ll make a thousand decisions. All with consequence. You can’t rely on good luck. You need good insight. Confident insight. Immediate insight. With SAS® to-use analytics in everyone’s hands. Push the edge of innovation with in-stream
      135 words
Page thumbnail Page 6
Page thumbnail Page 7
  • Page 7 Advertisements
    • Advertisement
      Lock icon Page 7 Advertisements Column 1
      57 7 THE ELS CLUB DESARU COAST EXPERIENCE GOLFING PARADISE Now Open Discover The Els Club Desaru Coast The Ocean, featuring 27 holes crafted with precision by the hand of four time major champion and former World No.l, Ernie Els. Be amongst the first to tee off with us. Book now at
      57 words
Page thumbnail Page 8 / 9
  • Page 8 / 9 Advertisements
    • Advertisement
      Lock icon Page 8 / 9 Advertisements Column 1
      40 8 / 9 Solutions Lead with Support with Infrastructure and Complement with Talent Providing world-class IT solutions for BANK BFSI EDUCATION GOVERNMENT HOSPITALITY SOCIAL SERVICES Your EME R I O an NTT Communications Company R^AL IT services partner Reliable Efficient Adaptable Long-term www.emeriocorp.com
      40 words
Page thumbnail Page 10 / 11
  • Page 10 / 11 Advertisements
    • Advertisement
      Lock icon Page 10 / 11 Advertisements Column 1
      144 10 / 11 Wan/ V THE BALL THAT CHANGED THE BALL. EXTREMELY SOFT. LONG AND EXCEPTIONAL CONTROL FROM 100 YARDS AND IN. The new Chrome Soft is an even faster, low-spinning ball off the tee. But here's where it gets interesting. A new dual SoftFast Core generates more spin, for more control, from
      144 words
    • Advertisement
      Lock icon Page 10 / 11 Advertisements Column 2
      94 10 / 11 JUST ANSWER THIS QUESTION LUCKY AND BE ONE OF FIVE READERS TO WIN Answer this simple question and be one of five readers to walk away with 2 months supply of UFC coconut water. UFC Refresh Coconut Water is an excellent source of hydration while golfing.Y/N SMS your choice to*****7877
      94 words
    • Advertisement
      Lock icon Page 10 / 11 Advertisements Column 3
      529 10 / 11 HYDRATEYOUR WAY TO A HOLE-IN-ONE he secret to hitting a hole-in-one is an open secret it is simply caring well for your body and getting adequate and proper hydration. Your body needs the right nourishment and without it, a seemingly simple golf game can be an arduous challenge. With an
      529 words
Page thumbnail Page 12
  • Page 12 Advertisements
    • Advertisement
      Lock icon Page 12 Advertisements Column 1
      72 12 ROLEX THE DATEJUST Hie archetype of the modern watch has spanned generations since 1945 with its enduring functions and aesthetics. It doesn’t just tell time. It tells history. W 4T* ROLEX DYSTER PERPETUAL DATE flUST m 28 0 OYSTER PERPETUAL DATEJUST 36 Cortinawatch MARINA SQUARE, #02-38. TEL: 6250 7712 CHINATOWN
      72 words