The Business Times, 16 November 2016

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Total Pages: 51
1 24 The Business Times
  • 22 1 THE BUSINESS TIMES A SINGAPORE PRESS HOLDINGS PUBLICATION www.businesstimes.com.sg @BusinessTimes MCI (P) 052/08/2016 S$1.20 CO REGN NO *****2868E GWednesday, November 16, 2016
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  • 26 1 Tuesday Change STI 2,797.55 +10.28 KL Comp 1,630.56 +13.92 Nikkei 225 17,668.15 -4.47 Hang Seng 22,323.91 -101.69 Shenzhen B 1,170.63 -1.14 Dow(10.47am EST) 18,835.17 -33.52
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  • 1038 1  -  But analysts say that most of the sales have been of smaller units bought for investment By Kalpana Rashiwala kalpana@sph.com.sg @KalpanaBT Singapore THE revival in developers’ private homes sales last month sparked by new launches Forest Woods and The Alps
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  • 48 1 THE 50 local businesses that made it to the Enterprise 50 (E50) Awards list this year were on Tuesday honoured for staying ahead of the curve. The top three are BLPL Singapore Pte Ltd, Garena Online Pte Ltd and uems. PHOTO: YEN MENG JIIN
    PHOTO: YEN MENG JIIN  -  48 words
  • 474 1  -  By Kenneth Lim kenlim@sph.com.sg @KennethLimBT Singapore SWISSCO Holdings dived into a net loss of US$296 million for the third quarter under the weight of massive impairment charges and losses from its associates and joint ventures. The debt-stricken oilfield-vessel operator, which is headed
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  • 131 1 Domestic interest rates shoot up finally and are back to July levels as funding tightens amid a weak Singapore dollar. TOP STORIES 2 European financial centres make competing pitches, at a conference, for financial jobs that flow out of London in the aftermath of Brexit. BANKING FINANCE 14
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  • Page 1 Advertisements
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    • 22 1 LEARNING CURVE ChildAid’s homegrown stars LIFE CULTURE 24 TASTE OF SUCCESS Japfa expansion back on track after tough year companies markets 9
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    • 12 1 SHORT-TERM GYRATIONS Trump’s win: no need to panic yet EXECUTIVE MONEY 26
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  • TOP STORIES
    • 497 2  -  Three-month Sibor rises to 0.91% and SOR is up at 0.89% as domestic funding tightens amid a weak Singdollar By Siow Li Sen lisen@sph.com.sg @SiowLiSenBT Singapore DOMESTIC interest rates have shot up finally and are back to July levels as domestic funding tightens
      Source: Bloomberg  -  497 words
    • 601 2  -  But corporate and private-equity investors have stepped up, providing 45% of VC investments in Asia in Q3: KPMG SINGAPORE FINTECHS By Jamie Lee leejamie@sph.com.sg @JamieLeeBT Singapore CALL it the middle-kid syndrome. Financial technology companies (fintechs) that are gaining significant heft, but are still not mature,
      ST FILE PHOTO  -  601 words
    • 600 2  -  By Jamie Lee leejamie@sph.com.sg @JamieLeeBT Singapore THREE fintechs (financial technology firms) looking at various problems posed by the financial industry have won S$50,000 each from a global fintech hackcelerator as part of the Singapore FinTech Festival. One of them is Singapore-based Aida
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    • 721 3  -  The 22nd edition of these awards honour businesses which have adapted to changing market conditions, including digital disruptions By Vivien Shiao vshiao@sph.com.sg @VivienShiaoBT Singapore THE 50 local businesses that made it to the Enterprise 50 (E50) Awards list this year were on Tuesday
      PHOTOS : YEN MENG JIIN, GARY GOH (FOR MR CHAN’S PHOTO)  -  721 words
    • 530 4  -  He will also have talks with US President Barack Obama and other leaders on the fate of the TPP free-trade pact By Lee U-Wen leeuwen@sph.com.sg @LeeUwenBT Singapore PRIME Minister Lee Hsien Loong will be in Peru this week for the annual Asia-Pacific
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    • 726 4  -  OUTLOOK 2017 By Claire Huang huangjy@sph.com.sg @ClaireHuangBT Singapore THE outlook for 2017 might be downcast but it is not all doom and gloom business leaders have pointed out that in adversity lies opportunity and Singapore companies, particularly small and medium-sized enterprises (SMEs), should
      PHOTO: BT, CANON  -  726 words
    • 127 4  -  After a moribund August, retail sales in September generally made slight improvements. Total retail sales fell by a narrower 0.7% from August, but were 2% higher than in September 2015. Excluding vehicle sales, the index saw a 0.7% increase from August, but still
      Source: Department of Statistics  -  127 words
    • 401 4 BLOOMBERG Singapore TEMASEK Holdings Pte, which pared its stake in Alibaba Group Holding Ltd in the third quarter as the stock rallied, said that China’s biggest online retailer remains an essential part of its portfolio. The Singapore investment company sold 14.5
      BLOOMBERG  -  401 words
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  • COMPANIES & MARKETS
    • 636 6  -  Region’s markets are reacting rationally to the new normal that unpredictable Donald Trump brings to the table HOCK LOCK SIEW BY R SIVANITHY sivan@sph.com.sg @RSivanithyBT FOR decades, it has been a market truism that when Wall Street sneezes, the rest of the
      PHOTO: REUTERS  -  636 words
    • 312 6  -  By Andrea Soh sandrea@sph.com.sg @AndreaSohBT Singapore THE trustee-manager of Rickmers Maritime said on Tuesday that it is unable to pay a S$4.26 million bond interest due on Nov 15. And if it fails to do so within five business days from Tuesday, this
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    • 386 6 BLOOMBERG Hong Kong STEVEN A Cohen’s Point72 Asset Management plans further hires in Singapore after recruiting nine people in the republic this year, as it expands in a region where rivals have pulled back. This year’s additions helped boost Point72’s Singapore employees
      BLOOMBERG  -  386 words
    • 868 8  -  But analysts warn of more casualties if balance sheets and business fundamentals are not restructured in time NEWS ANALYSIS By Tan Hwee Hwee hweetan@sph.com.sg @HweetanBT Singapore THE beleaguered offshore and marine (O&M) sector has claimed another casualty, with Swissco Holdings set to
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    • 408 8  -  By Michelle Quah michquah@sph.com.sg @MichelleQuahBT Singapore BROKERAGE UOB Kay Hian’s thirdquarter net profit attributable to shareholders fell 26 per cent to S$14.7 million from S$19.8 million a year earlier. It said this was because trading volumes remained low in the
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    • 319 8 Singapore SINGAPORE Press Holdings has launched a new product allowing readers to publish personalised messages on the front page of of its major newspapers as a way of marking special occasions. Called Personalised Print, readers can publish personally curated message on the front page
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    • 925 8 BLOOMBERG London A DECADE ago, running an emerging market fund meant travelling to faraway lands, taking big risks on high-yielding assets and being rewarded with some of the highest fees in the industry. These days the risks, and rewards, have
      BLOOMBERG  -  925 words
    • 1112 9  -  Agri-food group aims to have equal profit contributions from four segments By Andrea Soh sandrea@sph.com.sg @AndreaSohBT Myanmar HAVING been derailed by a year when it faced fierce headwinds, Japfa is now back on track in its expansion plans and
      BT FILE PHOTO  -  1,112 words
    • Article, Illustration
      63 10 STI Catalist Straits Times index NOV 15,2016 2,797.55 +10.28 (+0.37%) Current streak 1 day Day high 2,808.21 Day low 2,778.07 52-week high 2,960.78 (Apr 21, 2016) 52-week low 2,532.70 (Jan 21, 2016) FTSE ST Catalist index NOV 15,2016 455.63 +1.69 (+0.37%) Current streak 1 day Day high 455.63 Day low
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    • 576 10  -  While caution may be justified after Trump’s election, Asia’s near-term fundamentals haven’t changed meaningfully: Credit Suisse STOCKS By R Sivanithy sivan@sph.com.sg @RSivanithyBT AFTER dropping 47 points on Friday and Monday as the Wall Street-inspired postDonald Trump rally quickly lost momentum, the Straits Times Index (STI)
      Source: Bloomberg  -  576 words
    • 306 10 Stock name Close Change Day high/low 52w high 52w low PE Div yield Mcap Ascendas Reit 220 -1 224/220 257 209 7 6167.1 CapitaCom Trust 147 -1.5 148.5/145 164 127 5.9 4356.3 CapitaLand 300 unch 303/298 340 280 12 3 *****.7 CapitaMall Trust 190 unch 193/189 225 185
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    • 36 10 STI FTSE ST All-Share FTSE ST All-Share index NOV 15, 2016 688.43 +1.07 (+0.16%) Current streak 1 day Day high 690.85 Day low 685.19 52-week high 722.88 (Apr 21, 2016) 52-week low 625.37 (Jan 21, 2016)
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    • 33 10 STI MSCI EAFE MSCI EAFE Index NOV 14,2016 1,627.39 -12.66 (-0.77%) Current streak 2 days Day high 1,645.76 Day low 1,626.74 52-week high 1,757.35 (NOV 19, 2015) 52-week low 1,492.43 (Feb 12, 2016)
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    • 186 10 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 8 3 2 0 1 0 8 4 2 Manufacturing 45 29 20 10 6 11 55 35 31 Commerce 16 18 10 4 4 3 20 22 13 Tpt/Stor/Comms 9 12 5
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    • 74 10 BY CENTS CLOSE UP 52w high/low SPDR DJIA US$ ***** 1192.5 4.7 *****/***** Lyxor USDJIA US$ 1920 73.4 2.8 1920/1573 DBXT STGLDv US$ 3009 46.6 1.1 3608/2731 Jardine C&C 3922 36.0 0.9 4520/3160 JSH USD 3315 25.4 0.5 3605/2524 BY PERCENTAGE CLOSE UP 52w high/low CMC Infocomm 16 146.2
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    • 79 10 BY CENTS CLOSE DOWN 52w high/low DBXT MSAsExJp US$ 3309 -259.7 -5.3 3633/2772 DBXT Nifty US$ ***** -213.1 -1.2 *****/***** DBXT MSTHAI US$ 1866 -45.2 -1.7 2107/1419 Lyxor EM Mkt US$ 911 -45.2 -3.4 975/755 DBXT E50 US$ 4390 -42.3 -0.7 4807/3918 BY PERCENTAGE CLOSE DOWN 52w high/low AP
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    • 81 10 VOL CLOSE($) CHANGE Elektromotive 243,823.4 0.003 -0.001 -25.00 Anchun Intl 40.0 0.445 -0.055 -11.00 FJ Benjamin 3,138.3 0.061 +0.019 +45.24 Hoe Leong 550.1 0.015 -0.011 -42.31 InnoTek 2,217.6 0.220 +0.039 +21.55 KOP 1,682.8 0.103 +0.019 +22.62 Nico Steel 7,775.0 0.044 +0.015 +51.72 Amplefield Ltd 574.9 0.033 -0.006 -15.39
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    • BROKERS’ TAKE
      • 201 10 Singapore Reits Overweight OCBC Investment Research, Nov 15 THE Singapore Reits (S-Reits) under our coverage have concluded their results reporting for Q3 of calendar year 2016. Out of the 24 S-Reits we cover, 21 met our expectations, two fell short and only one exceeded. Overall DPU (distribution per unit) growth
        201 words
      • 81 10 KSH Holdings Buy Nov 15 close: S$0.55 Target price: S$0.69 UOB Kay Hian, Nov 15 MAINTAIN “buy” and price-to-book-based target price of S$0.69. We maintain our view that the stock should trade close to its three-year historical average price-to-book ratio of 0.93 times due to: a) a brighter outlook with
        81 words
      • 58 10 Cosco Corporation Hold Nov 15 close: S$0.255 Target price: S$0.27 DBS Group Research, Nov 15 WIDENED losses. Q3 2016 hit by huge provision for bad debt. Expect larger net losses about S$200 million this year. Alarmingly high net gearing; will parent company come to the rescue via capital injection or
        58 words
      • 186 10  - Q&M Dental Group Hold Compiled by Claire Huang Nov 15 close: S$0.715 Target price: S$0.77 CIMB Research, Nov 14 THE Q3 2016 net profit (S$2.8 million, +3 per cent year on year) disappointed and made up only 18 per cent of ours and consensus’ full-year forecasts. Nine-month net profit below
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    • 35 10 VOLUME Elektromotive 243,823,400 Noble 236,665,300 IPCO Intl 71,741,200 Swee Hong 53,005,400 Forise Intl 50,101,000 Market volume 2,063,001,000 VALUE DBS Grp 137,300,428 Singtel 98,089,331 OCBC Bank 74,740,423 UOB 67,043,066 SATS 57,318,676 Market value 1,225,089,000
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    • 108 10 Most Active Fund Last sale +/-(‘000) Day high/low 52w high/low Buy/Sell Mcap STI ETF 285 +1 276 286/283 300/254 284/285 DBXT MSPHILS US$ US179.8 -0.2 269 181/179 222.5/158.5 180.2/180.9 14.4 DBXT MSRussia US$ US210 120 210/208 223/129 -/211 ABF SG Bond ETF 115.7 -0.2 99 115.9/115.5 120.1/112.1 115.5/115.7
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    • 77 10 Nov 15 VALUE CLOSE BT OB/OS -323.00 +12.00 BT CADI -*****.00 -12.00 BT 10-day MA -*****.00 -32.00 FTSE ST Mid Cap 672.03 -1.80 FTSE ST Small Cap 378.75 -3.03 FTSE ST All Share 688.43 +1.07 FTSE ST China Top 155.19 -0.68 FTSE ST China 193.59 -0.95 FTSE
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    • 125 10 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 15,145 24 15,169 42,767 4 42,771 Manufacturing 192,832 337,155 529,987 118,459 3,107 121,566 Commerce 322,638 24,892 347,530 114,434 545 114,979 Tpt/Stor/Comms 109,841 69 109,910 172,651 6 172,657 Finance 41,368 814 42,182 318,191 119 318,311 Construction
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    • 438 11 CURRENCIES REUTERS London THE US dollar slipped from an 11-month high against a basket of major currencies on Tuesday, pausing for breath after rallying almost 3 per cent since Donald Trump won the US presidential election. Mr Trump’s shock victory has fuelled
      REUTERS  -  438 words
    • FOREX RATES
      • Article, Illustration
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      • 471 11 Nov 15 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.021 5.178 0.701 5.859 51.190 100.927 0.816 8.825 3.275 1.061 79.061 37.142 1.066 10.735 0.752 24.042 26.723 0.605 0.755 Canada 0.980 5.074
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      • Article, Illustration
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      • 155 11 NOV 15 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.0652 1.0667 0.7548 0.7558 Canadian dollar 1.0444 1.0446 0.7401 0.7401 Euro 1.5207 1.5210 1.0776 1.0777 NZ dollar 1.0042 1.0044 0.7116 0.7117 Sterling pound 1.7609 1.7616 1.2478 1.2482
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      • Article, Illustration
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      • 22 11 NOV 15 S$ Bid Offer 1-month 1.4110 1.4113 2-months 1.4110 1.4113 3-months 1.4107 1.4114 6-months 1.4108 1.4114 Source: OCBC
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    • EQUITY BONDS WARRANTS FUTURES
      • 210 11 Most active Nov 15 Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Equation Summit LimitedW*****2 0.4 unch 7543 1 1 40 2.50 9 DBS MB eCW*****1 15.9 2.1 5576 0.1 1550 3 Ntegrator Intl Ltd W*****3 0.4 unch 3950
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      • 377 11 In local curr In S$ In US$ dy yr dy yr dy yr Nov 14 Index Change Change Change Change Change Change World Preliminary 1304.4 0.1 2.1 0.0 1.6 -0.3 1.7 EAFE Preliminary 973.3 0.4 -4.0 -0.4 -5.3 -0.8 -5.2 Europe Preliminary 1377.6 0.1 -2.5
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      • 380 11 Nov 15 OPEN HIGH LOW SETT VOL OP/INT contract FTSE CHINA A50 INDEX FUTURES 16-Nov *****.5 ***** ***** *****.5 *****5 *****6 16-Dec ***** ***** *****.5 *****.5 ***** ***** NIKKEI 225 INDEX FUTURES 16-Dec ***** ***** ***** ***** ***** *****8 17-Mar ***** ***** ***** ***** 157 5591 MSCI
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    • BANK RATES
      • 161 11 Nov 15 $S Offer Bid 0vernight 0.02 Par 1-month 0.75 0.625 2-months 0.875 0.75 3-months 1.0 0.875 Overnight mode: 0.12 US$ Offer Bid 7 days 0.55 0.45 1 month 0.65 0.55 2 months 0.85 0.65 3 months 1.00 0.80 6 months 1.30 1.10 9 months 1.50 1.30 12
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      • 69 11 Nov 15 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year NY*****A 4.000 01-Sep-18 105.16 105.20 105.09 5-Year N*****0Z 1.250 01-Oct-21 98.09 98.15 97.75 10-Year NX*****F 2.125 01-Jun-26 98.54 98.80 97.90 15-Year NZ*****F 2.875 01-Sep-30 102.53 102.50 101.85 20-Year NZ*****X 2.250 01-Aug-36 92.42
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    • AGRI METALS ENERGY
      • 246 11 Nov-14 Price Net change change Last Trade Agricultural Nov-14 CBOT Soybeans (US cents/bu) 971.00 -7.50 -0.77% 14/11/2016 CBOT Soybean Oil (US cents/lb) 33.95 -0.49 -1.42% 14/12/2016 CBOT Wheat (US cents/bu) 394.00 -9.00 -2.23% 14/12/2016 Nov-14 LIFFE Cocoa (£/tonne) 2034.00 -34.00 -1.64% 13/12/2016 LIFFE Coffee (US$/tonne) 2138.00 55.00 2.64%
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    • 1742 12 52-Wk Last Vol Day Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/Ep $mil Last Vol Day Div GrYld Net MCap 149 127 AIMSAMP Cap Reit 131 -2 862 133 130.5 0.9 8.7 834.8 LOW 172.5 101 ARA Asset Mgmt 170.5 -0.5 ***** 171
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    • 358 12 52-Wk Last Vol Day Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/E Last vol Day Div GrYld Net 0.5 0.1 t Advanced Systems 0.4 +0.1 0 0.4 0.2 10.5 46.5 29.5 t Advancer Global 36.5 +0.5 200 38 35.5 14.5 63.2 Low :ompany
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    • 122 12 52-Wk Last Vol Day Div GrYld Net MCap High Low Counter Sale +/-(’000) High Low C’vr P/E Counter Last Sale vol 3268 2355 DBXT China50 US$ US3010 +14 13 3020 2999 8.3 422 190 DBXT MSBrazil US$ US360 +6 58 360 355 1388 995 DBXT MSCHINA US$ US1258
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    • 166 7 EQUIS www.equisfg.com i Lu 100MW wind farm in Andhra Pradesh, India r:-J Tav$ a; Pradesh, India t ASIA'S LARGEST INDEPENDENT RENEWABLE ENERGY DEVELOPER INVESTOR US$2.7 Billion of private equity capital raised 3.7 GW Renewable energy assets 28 Renewable energy assets commissioned since October 2013, averaging every weeks Singapore Headquartered 15
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    • 149 8 The topics covered include: How to be an educated investor Adjust your investment style and risk appetite based on the industry and company The investment framework for identifying dividend growth companies Categorisation of listed companies into 6 business types Picking companies with strong competitive advantages Why intangible asset is more
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  • Page 12 Advertisements
    • 71 12 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!
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  • REAL ESTATE
    • 1087 13 Driven by a weakening yuan and surging housing costs at home, they are venturing beyond the usual popular cities to lower-priced ones BLOOMBERG Beijing IF they were anywhere else in Beijing, the five young women in cowboy hats and matching red, white, and blue costumes
      BLOOMBERG; PHOTO: REUTERS  -  1,087 words
    • 724 13 New York A FEDERAL programme meant to encourage investment in the United States from wealthy foreigners is increasingly supporting large luxury real estate projects, not the development in the rural and downtrodden districts that some say were the original targets of the
      724 words
    • 354 13 BLOOMBERG Seattle REGENCY Centers Corp agreed to buy Equity One Inc to form one of the largest US shopping-centre landlords, with 429 properties. Equity One shareholders will receive 0.45 shares of newly issued Regency common stock in the deal, the real
      BLOOMBERG  -  354 words
    • 400 13 BLOOMBERG Hong Kong CHINA Evergrande Group, the country’s largest property developer, boosted its holdings in rival China Vanke Co after drawing regulatory scrutiny over a string of purchases in listed companies. The Guangzhou-based home builder bought 73.7 million of Vanke’s mainland-traded
      BLOOMBERG  -  400 words
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  • BANKING & FINANCE
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  • ENERGY & COMMODITIES
    • 758 15 Money managers raise bets on falling oil prices by the most in 4 years in the week leading up to Trump’s win BLOOMBERG New York OIL investors seem to be the only ones uninterested in Donald Trump’s election. Money managers raised bets on falling
      BLOOMBERG; PHOTO: AFP  -  758 words
    • 437 15 BLOOMBERG London HEDGE funds have finally lost their appetite for cocoa. As traders from Cargill Inc to Olam International Ltd forecast good crops this season, funds turned bearish for the first time in more than four years, according
      BLOOMBERG  -  437 words
    • 724 15 BLOOMBERG Melbourne GOLD’S dwindling pipeline of new mines is poised to usher in a decadelong output slump, spurring prices and delivering a new impetus for dealmaking and industry consolidation, according to Goldcorp Inc, the third-largest gold producer. Mine supply may
      BLOOMBERG; PHOTO: REUTERS  -  724 words
    • 419 15 BLOOMBERG Beijing CHINA’S crude output slipped further to the lowest in more than seven years as oil’s sustained slump discouraged the restart of old wells in the world’s largest energy consumer. Processing by the nation’s refiners hit a record. Oil production
      BLOOMBERG  -  419 words
  • Page 15 Advertisements
    • 799 15 NOTICES IN THE MATTER OF THE COMPANIES ACT (CAP. 50) AND IN THE MATTER OF ACCELYST PTE. LTD. (IN MEMBERS’ VOLUNTARY LIQUIDATION) COMPANY REGISTRATION NO. *****9276N NOTICE OF RESOLUTIONS NOTICE IS HEREBY GIVEN THAT AT AN EXTRAORDINARY GENERAL MEETING OF THE COMPANY DULY CONVENED AND HELD AT 19 KEPPEL ROAD,
      799 words

  • TECHNOLOGY
    • 906 16 They will bar such websites after criticism that their content may have swayed the US election result NYTIMES New York OVER the past week, two of the world’s biggest Internet companies have faced mounting criticism over how fake news on their sites
      NYTIMES; PHOTO: AFP  -  906 words
    • 600 16 AFP Washington GOVERNMENTS around the world have stepped up efforts to block or censor social media and messaging applications, in a new blow to Internet freedom, a watchdog group said on Monday. The Freedom on the Net report by the activist
      AFP  -  600 words
    • 734 16 BLOOMBERG San Francisco APPLE Inc is weighing an expansion into digital glasses, a risky but potentially lucrative area of wearable computing, according to people familiar with the matter. While still in an exploration phase, the device would connect
      BLOOMBERG; PHOTO: REUTERS  -  734 words
  • Page 16 Advertisements
    • 595 16 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF PLAZA HOME IMPORTS (SINGAPORE) PTE LTD (IN PROVISIONAL LIQUIDATION) (Company Registration No. *****3920M) NOTICE OF APPOINTMENT OF PROVISIONAL LIQUIDATORS Take notice that Messrs Andrew Grimmett and Lim Loo Khoon, care of 6 Shenton Way OUE Downtown
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  • CONSUMER
    • 503 17 Biggest acquisition in its history will help it to expand in e-commerce and speciality stores BLOOMBERG New York ESTEE LAUDER Cos, making the biggest acquisition in its history, has agreed to buy cosmetics company Too Faced for about US$1.45 billion,
      BLOOMBERG  -  503 words
    • 367 17 NYTIMES New York UNCHANGED for decades, China’s music scene has been literally rocked in recent years by the Internet. Virtually overnight, the newly connected Chinese were exposed to thousands of bands from dozens of countries. But while Western listeners have a choice of music sites,
      NYTIMES  -  367 words
    • 707 17 BLOOMBERG London HUDDLED inside Target Corp’s headquarters in downtown Minneapolis, a team of investigators spent the summer trying to answer what should have been a simple question: What were hundreds of thousands of the retailer’s sheets actually made of? What they discovered has
      BLOOMBERG  -  707 words
  • Page 17 Advertisements
    • 342 17 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF X-PRESS KARAKORAM PTE. LTD. (IN MEMBERS’ VOLUNTARY LIQUIDATION) COMPANY REGISTRATION NUMBER: *****9170R FINAL MEETING NOTICE is hereby given pursuant to Section 308 of the Companies Act, Cap. 50 that a Final Meeting of the Members of
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    • 741 17 NOTICES Te l 6 2 8 9 8 8 2 2 I E m a i l n o t i c e s s p h c o m s g I w w w s p h c l a s s c o m s g IN
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    • 437 17 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF X-PRESS INDUS PTE. LTD. (IN MEMBERS’ VOLUNTARY LIQUIDATION) COMPANY REGISTRATION NUMBER: *****0724Z FINAL MEETING NOTICE is hereby given pursuant to Section 308 of the Companies Act, Cap. 50 that a Final Meeting of the Members of
      437 words

  • GOVERNMENT & ECONOMY
    • 620 18 Figures point to sustained economic strength that could allow the Fed to raise rates in December LATEST US DATA REUTERS Washington US retail sales rose more than expected in October as households bought motor vehicles and a range of other goods, pointing to
      REUTERS  -  620 words
    • 1011 18 Besides trade worries, other ambitions like capital account opening and yuan internationalisation in doubt BLOOMBERG Beijing AS if defusing the world’s biggest debt bomb while keeping economic growth humming wasn’t tough enough, Donald Trump’s shock election victory has just made
      BLOOMBERG; PHOTO: REUTERS  -  1,011 words
    • 553 18 AFP MOSCOW RUSSIA charged Economy Minister Alexei Ulyukayev on Tuesday over suspicions that he pocketed a US$2 million pay-off during a deal involving state-controlled oil giant Rosneft. Ulyukayev was the highest ranking official to be detained over suspected corruption since President Vladimir Putin
      AFP; PHOTO: REUTERS  -  553 words
    • 491 18 BLOOMBERG Dubai SAUDI Arabia’s sovereign wealth fund is considering selling stakes in local companies to raise funds for international expansion, according to five people with knowledge of the matter. The Public Investment Fund (PIF) with about US$100 billion worth
      BLOOMBERG  -  491 words

  • GOVERNMENT & ECONOMY
    • 983 19 Consultant’s document claims civil servants struggling to cope with over 500 Brexit-related projects, 30,000 extra staff may be needed AFP REUTERS BLOOMBERG London THE British government has no overarching plan for “Brexit” and may take another six months to agree
      AFP; REUTERS; BLOOMBERG; PHOTO: REUTERS  -  983 words
    • 274 19 REUTERS Kuala Lumpur MALAYSIA said on Tuesday it would focus efforts on wrapping up a multi-nation trade pact led by China, as the South-east Asian country braces for the possible collapse of the Trans-Pacific Partnership (TPP), spearheaded by the United States.
      REUTERS  -  274 words
  • Page 19 Advertisements
    • 162 19 stfi rewards k Nk r r 9 W gcXdirlct get rewards Your newspaper subscription comes with exciting rewards Discover more exclusive perks and exciting deals at www.sphrewards.com.sg MU riiisruMisriMis Si *s1 a u |m THE STRAITS TIMES LIANHE ZAOBAO THE BUSINESS TIMES BERITA HARIAN THE NEW PAPER LIANHE WANBAO TAMIL
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  • TRANSPORT
    • 365 20  -  Private flight school in Seletar offers aspiring pilots flight simulator to train in flying planes such as Cessna 172-S, Piper Seminole By Nisha Ramchandani nishar@sph.com.sg @Nisha_BT Singapore A PRIVATE flight school that opened at Seletar Aerospace Park aims to make it
      365 words
    • 999 20  -  If not, don’t go for cheap armed guards to protect ships against piracy; they too can be very risky STRAIT TALK BY DAVID HUGHES LAST week, I shot several pirates with an M4 carbine. Oh alright, no I didn’t. What I actually did was fire a dummy
      999 words
    • 489 20 BLOOMBERG Karachi SHIPPING companies are threatening to scrap their Pakistan services after the South Asian country increased tariffs at its largest port in a blow to an industry that is already grappling with global overcapacity and low freight rates. Hyundai
      BLOOMBERG  -  489 words
    • 580 20 Korea firm says deal will give it significant presence in global market for online-connected car parts AFP Seoul SAMSUNG Electronics said on Monday it would buy US car parts maker Harman International Industries for US$8 billion in a bid to enter
      AFP; PHOTO: REUTERS  -  580 words

  • Page 21 Advertisements
    • 1356 21 MONTREAL 10 120 29/7 30/7 4/8 MONTREAL 10 120 29/7 30/7 4/8 EASTERN CAR LINER, LTD SPECIALIZE IN RORO HEAVY LIFT INTRA-ASIA SERVICE VOY Ramp(KT) Lifting(KT) BTG SIN PKL KUC JKT SUR POSITIVE PASSION 79 100 24/11 29/11 30/11 2/12 COSMIC OAK 009 100 4/12 6/12 8/12 KEIO CORAL 007
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    • 305 21 C a i l a n B r i s b a n e E n n o r e J e d d a h Shanghai Chittagong Ho Chi Minh H o n g J e b e l A i K o NYK RORO (ASIA) PTE. LTD. n
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    • 693 21 Tel: (65) 6470 9100 Fax: (65) 6235 3623 Email: 2wsinenq@2wglobal.com website: http://www.2wglobal.com WALLENIUS WILHELMSEN LOGISTICS AUSTRALIA NEW ZEALAND TO ASIA VESSEL VOY AKL BNE PKL MEL FRE SIN TAMESIS FF638 14/11 18/11 20/11 22/11 28/11 05/12 TONSBERG FF639 21/11 25/11 28/11 30/11 06/12 13/12 TARAGO FF701 13/12 17/12 20/12 22/12
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  • OPINION
    • 571 22 EDITORIAL STOCKS may attract attention due to their inherent volatility, but the bond market holds more significance. The sharp rise in government bond yields in the wake of Donald Trump’s victory in the US presidential election is welcome, for it can
      571 words
    • 787 22  -  THE BOTTOM LINE By Robert Samuelson THE WASHINGTON POST WRITERS GROUP DONALD Trump, it seems, embraces the old dictum: “Make no small plans”. Already, he has published an agenda for his first 100 days in office, recalling Franklin Roosevelt’s launching of the
      THE WASHINGTON POST WRITERS GROUP  -  787 words
    • 1246 22  -  Opec is likely to agree to production curbs and prices are expected to rise a bit; demand will rebound somewhat, which will help absorb a good part of output. BY DWI SOETJIPTO BY DWI SOETJIPTO T The writer is president director and CEO of
      PHOTO: REUTERS  -  1,246 words
    • 1136 23  -  The stunning outcome of the US election boils down to a lesson in Political Science 101 how social cleavages determine nation building which in the case of the 2016 contest was decided largely by the rural-urban divide. COMMENTARY By AJ Leow T The writer
      1,136 words
    • 995 23  -  By Yogi Aggarwal THE Indian government’s move to demonetise the rupee by immediately withdrawing all 500 rupee and 1,000 rupee notes from circulation was widely touted as a way to control the spread of “black” or tax-evaded money in the
      995 words
    • 1071 23  -  Its alternative vision of FTAAP and RCEP will be key economic and geopolitical undercurrents of the session, especially with TPP’s presumed demise. BY ANDREW HAMMOND BY ANDREW HAMMOND T The writer is an associate at LSE IDEAS (the Centre for International Affairs, Diplomacy
      PHOTO: AFP  -  1,071 words


  • LIFE & CULTURE
    • 728 24  -  More than just a stage for their talents, ChildAid is a platform where children learn to grow up a little more By Cheah Ui-Hoon uihoon@sph.com.sg Singapore THERE is more to ChildAid than meets the eye. On the outset, it is a platform that allows
      FILE PHOTO  -  728 words
    • 456 24 AFP Geneva RUSSIAN diamonds that reputedly helped broker peace between warring empires three centuries ago will go to the highest bidder at the Geneva jewel auctions this week. The Swiss city’s twice-annual sales of rare jewels are often dominated by stones the
      AFP  -  456 words
    • 838 24 NYTIMES New York ONE could not help but feel that Helena Newman, the Sotheby’s auctioneer on Monday night, was almost begging for a bid of more than US$50 million for Edvard Munch’s 1902 painting Girls on the Bridge. Still, the room was quiet. Despite
      NYTIMES; PHOTO: AFP  -  838 words
    • 906 25  -  Sustainable investing has grown significantly over the past decade. BY SEAN GARDINER AND JESSICA ALSFORD T The writers are respectively Asean equity strategist at Morgan Stanley and head of Morgan Stanley’s sustainable and responsible investment research team in Europe HOW can we transition quickly
      PHOTO: REUTERS  -  906 words
    • 1051 25  -  By Alexandra Stevenson NYTIMES EVERY five minutes a satellite captures images of China’s biggest cities from space. Thousands of miles away in California, a computer looks at the shadows of the buildings in the images and draws a conclusion: China’s real
      NYTIMES; ILLUSTRATION: NYTIMES  -  1,051 words
  • Page 24 Miscellaneous
    • 310 24 CRYPTIC CROSSWORD Across 8 Plain glass in American wagon (7,8) 9 For every forward, time must run out (3) 10 I am no tall fizzy party drink (11) 11 Compass showing north in storm (5) 12 Like small talk, perhaps? Phoney does, truly (9) 15 Wise crossing America in a
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  • Page 25 Advertisements
    • 91 25 >21% STRATEGIC SALE PRIME DEVELOPMENT ALONG ORCHARD ROAD Much-coveted ORCHARD ROAD address >21% strategic stake in a building with redevelopment poten~al Rare opportunity to own >25 residen~al units in one bloc Approximately 25,000 sq of strata area Fantas~c loca~on opposite MRT sta~on Highly-sought-a~er loca~on by local and expatriate tenants Exis~ng
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  • EXECUTIVE MONEY
    • 665 26  -  Investors should take a long view and not be swayed by the short-term volatility that is likely to continue to roil emerging markets. BY MARK MOBIUS T The writer is executive chairman of Templeton Emerging Markets Group. THE US presidential election resulting in
      665 words
    • 463 26  -  By Genevieve Cua gen@sph.com.sg @GenCuaBT Singapore FINANCIAL technology and social trading firm Ayondo expects Asia to account for 50 per cent of its revenues by 2019, compared to a “very small” share of revenues today. Robert Lempka, Ayondo founder
      463 words
  • Page 26 Advertisements
    • 149 26 Partner with strength and stability For over 50 years in Asia, RBC has delivered expertise and insights to help our clients achieve their goals through our diversified financial services. With 80,000 employees around the world, RBC clients benefit from unparalleled financial strength and stability, access to best-in-class experts and our
      149 words

  • Page 27 Advertisements
    • 102 27 THE BUSINESS TIMES *****1 *****1 SS1.20 sj£l A SINGAPORE PRESS HOLDINGS PUBLICATION www.businesstimes.com.sg G 09 @BusinessTimes CO REGN NO *****2868E I MCI (P) 052/08/2016 Wednesday, November 16, 2016 What makes DBS the World's Best Digital Bank? It starts with reimagining banking. From Singapore's favourite mobile wallet, to India's first paperless,
      102 words

  • Page 28 Advertisements
    • 285 28 Making Banking Joyful. We continue to live and breathe innovation, as it pervades every part of the bank. From our people and processes, to the products and services we create for the individuals, businesses and communities we serve. And to drive innovation forward, we are proud to present the new
      285 words

  • THE BUSINESS TIMES ENTERPRISE 50 2016
    • 710 1  -  By Vivien Shiao vshiao@sph.com.sg @vivienShiaoBT I T’S been a tough year for the economy in general, and local enterprises across the board have felt the effects of slowing growth and new disruptive technologies. But while some throw their hands up in despair, those that
      710 words
    • 1365 2  -  Chairman and MD Mahesh Sivaswamy explains how the container liner services firm, the top-ranked winner of the E50 Awards, has managed to do so well. BY KENNETH LIM BY KENNETH LIM kenlim@sph.com.sg @KennethLimBT THE eight-years-and-count-ing wake of the container shipping industry’s
      PHOTO: YEN MENG JIIN  -  1,365 words
    • 1309 4  -  The Internet and mobile platform company is always on the lookout for new and innovative ways to manage its employees, says its founder. BY JACQUELYN CHEOK BY JACQUELYN CHEOK jaccheok@sph.com.sg @JacCheokBT GARENA the Singa-pore-based Internet and mobile platform company said to be valued at some
      1,309 words
    • 1243 6  -  UEMS Singapore, which supports many healthcare facilities here, has started to invest in data analytics and IoT technology to stay competitive. BY MELISSA BY MELISSA TAN melissat@sph.com.sg @MelissaTanBT MOST people in the local corporate scene will be familiar with United Engineers, a homegrown engineering group that
      ARTHUR LEE  -  1,243 words
    • 1137 8  -  A commitment to forward-looking innovation has helped CAD-IT Consultants become a five-time winner of the E50 Awards since 2012. BY WONG KAI YI kaiyiw@sph.com.sg @WongKaiYiBT WHEN you’re shopping for furniture from a certain famous flat-pack retailer, you know exactly what you’re in for. Hours of
      PHOTO: ARTHUR LEE  -  1,137 words
    • 1111 10  -  Seiko Architectural Wall Systems’ strategy in recent years has been to concentrate its resources and take on fewer jobs. BY RACHEL MUI BY RACHEL MUI rachmui@sph.com.sg @RachelMuiBT MAKE no mistake, Seiko Architectural Wall Systems is not affiliated to the popular Japanese watch brand we’ve come
      PHOTO: ARTHUR LEE  -  1,111 words
    • 902 14  -  A look at some of the measures that can help firms stay ahead of the curve even as new technology offers novel solutions to age-old problems. BY CHIU WU HONG problems.BY CHIU WU HONG T The writer is head of enterprise at KPMG in
      PHOTO: FREEIMAGES  -  902 words
    • 2939 16 We ask our first-time winners: ‘What does your company hope to achieve in the coming year after winning the E50 Award?’ Below are their responses Framework Building Products Pte Ltd Chew Chong King, Managing Director IT’S nice to win the E50 Award coincidentally on our
      2,939 words
    • 3086 18 Six companies have been part of the Enterprise 50’s prestigious list of winners for five years. Find out what’s the secret to their staying power ROUNDTABLE PARTICIPANTS IMahesh Sivaswamy, chairman and managing director, BLPL Singapore ITerence Chan, CEO, CAD-IT Consultants (Asia) IHelene Raudaschl, managing
      3,086 words
    • 1328 19  -  Despite challenges, many SMEs like the ones featured here have gone on to become key players in their industries. BY ANNIE KOH AND ESTHER KONG BY ANNIE KOH, ESTHER KONG T Annie Koh is the vice president for Business Development and a professor of
      FILE PHOTO  -  1,328 words
    • 1113 20  -  Founder Von Lee says the company adopts an “aircraft carrier” approach when venturing into new markets to minimise risks. BY LEE MEIXIAN BY LEE MEIXIAN leemx@sph.com.sg @LeeMeixianBT THE founder and managing director of Expand Construction likes to use an interesting analogy when he discusses
      PHOTO: ARTHUR LEE  -  1,113 words
    • 1062 20  -  By Vivien Shiao vshiao@sph.com.sg @VivienShiaoBT THINK about foreign worker dormitories, and depressing scenarios of cramped, dirty spaces probably come to mind. But local accommodations solutions provider S11 Capital Investments seeks to turn this around, taking a holistic approach in designing solutions
      PHOTO: CHONG JUN LIANG  -  1,062 words
    • 1396 21  -  Recent moves have signalled Jakarta’s seriousness in pursuing reforms to offer an appealing environment for investors. BY WELLIAN WIRANTO BY WELLIAN WIRANTO T The writer is an economist with OCBC Bank EVER since he came to power in October 2014, President Joko
      PHOTO: AFP  -  1,396 words
    • 1152 22  -  Firm’s CEO talks about his expansion plans and why his eyes are set on Africa and South America. BY VIVIEN ANG BY VIVIEN ANG vivang@sph.com.sg THE road ahead for Linnhoff Technologies Pte Ltd, a manufacturer of asphalt mixing plants, is one of expansion, and
      PHOTO: ARTHUR LEE  -  1,152 words
    • 1387 22  -  By vshiao@sph.com.sg Vivien Shiao vshiao@sph.com.sg @VivienShiaoBT IT is clear from the outset that GS Sareen is unlike many other SME (small and me-dium-sized enterprise) owners here in Singapore. When most SME owners are fretting about the poor economy and their competition,
      PHOTO: ARTHUR LEE  -  1,387 words
    • 923 24  -  Landscaping firm sees Singapore’s national strategy as helping its expansion further, even as traditional challenges remain. BY NAVIN SREGANTAN navinsre@sph.com.sg @NavinSreBT IN the span of 30 years, Mao Sheng Quanji Construction Pte Ltd has transformed itself from a one-man operation to an exemplary
      PHOTO: KELVIN CHNG  -  923 words
  • Page 1 Advertisements
    • 187 1 Inside Finding a thriving route in treacherous waters 2 A mobile platform's secret sauce: its people 4 Serving hospitals with innovation 6 Bringing the virtual into reality 8 Building quality facades on time Plenty of home-ground potential Seeking to expand into new frontiers Greening policy holds key for growth Supplement
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  • Page 2 Advertisements
    • 177 2 r DORMITORIES ENTERPRISE S11 Capital Investments Pte Ltd is proud to be a winner of the 2016 Enterprise 50 Awards Celebrating Singapore's Enterprising Spirit 2016 0,i H# V\\ X v/>;.A X fe I A 1 S .«gt; ~K$£ --~'r r: 00' /ji, p^: m n f J\ IK THF WAY
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  • Page 3 Advertisements
    • 239 3 Our E50 WinMarks A New Milestone In Our Journey To Excellence Incorporated in July 1997, Cleaning Express Private Limited has come a long way from its humble beginnings in 1988 as Cleaning Express. Driven by a firm belief in quality control and service excellence, Cleaning Express is helmed by a
      239 words

  • Page 4 Advertisements
    • 396 4 UEMS Pte Ltd is proud to be awarded the prestigious Enterprise 50 Award for the 2nd Consecutive Year JBBtt A Big Thank You to our Valued Customers, Partners and Staff 3d Celebrating Singapore's Enterprising Spirit 2016 UEMS LEADER IN ENVIRONMENT SERVICES IN HEALTHCARE FACILITIES MANAGEMENT SERVICES WITH TECHNOLOGY INNOVATION UEMS
      396 words

  • Page 5 Advertisements
    • 331 5 A-POWER ENGINEERING PTE LTD O ne s t o p M E so l u t i ons p r ov i d e r Established in 1999 as A-Power Engineering Pte Ltd, we have built up a solid reputation as a trusted mechanical and electrical contractor in Singapore. This
      331 words

  • Page 6 Advertisements
    • 154 6 ENTERPRISE Celebrating Singapore's Enterprising Spirit 2016 for 2010 2011 2012 2013 2014 2015 2016 fi" Hi PAYA LEBAR SQUARE LE NOUVEL ARDMORE ,1 i J n N A\* Pi V '1 **1 X i liJSSi! ■■mils i I m ■< rnfFm H B IsL r. h lit i WE BUILD
      154 words

  • Page 7 Advertisements
    • 394 7 AFH Holdings Pte Ltd Formwork Hire (S.E.A) Pte Ltd Allinton Engineering Trading Pte Ltd WeBuild AsiaWith You. Allinton and FHS are both proud to be recipients of the E50 accolade, an affirmation of our commitment to make engineering and construction-related work safer, faster and easier. As subsidiaries of AFH Holdings,
      394 words

  • Page 8 Advertisements
    • 211 8 Ie. WE FOCUS ON PEOPLE FIRST, AS DESIGN THAT PUTS PEOPLE FIRST CAN ENHANCE HUMAN HEALTH, WORK AND CREATIVITY. ENTERPRISE Celebrating Singapore's Enterprising Spirit 2016 s i m > a ,v HEliil The Amerald Gaia Kaleido "It's a great honour and huge encouragement for the company to win the E50.
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  • 419 9 AT THE end of 2015, Prime Structures broke into the Sri Lankan market, where it is working on a US$14-million contract to build façades for a waterfront integrated resort in the capital Colombo from a local conglomerate. “When the job size is big, a lot of things are
    419 words
  • Article, Illustration
    1289 9 Prime Structures seeks funding as it embarks on a significant overseas expansion BT ADVERTORIAL HOMEGROWN engineering firm Prime Structures Engineering Pte Ltd, which shot to prominence after constructing the ship structure’s belly cladding, convention centre and art wall for Marina Bay Sands, is on the cusp of
    1,289 words
  • 728 9 ALTHOUGH Prime Structures began as a family-run business, others are being groomed to bring Prime Structures to its next lap of growth, said Julia Bensily, the company’s associate director who is the eldest daughter of founder Sonny Bensily. Many of the staff of Prime Structures
    728 words

  • Page 10 Advertisements
    • 62 10 m SUPERSTEAM THE CHOICE OF CLEANING PROFESSIONALS From hotels to shopping centres, our leading range of products is helping to keep Singapore clean. i ENTERPRISE Celebrating Singapore's Enterprising Spirit 2016 SuperSteam Asia Pacific Pte Ltd Email: info@supersteam.com.sg Tel: 6595 4333 WITH HEARTIEST CONGRATULATIONS: WWW.SUPERSTEAM.COM.SG r CO o < V CO
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  • Page 11 Advertisements
    • 43 11 we Are Honoured To Receive ThePrestigiousEnterprise50Award2016 And would Like To Extend Our Heartfelt Appreciation To All our Clients, Business Partners And Employees For Making This Possible. ThankYou. CorebusinessisinCivilEngineeringWorksandAsphalt PavingWorks.Ourrangeofservicesinclude: CivilEngineeringworksincludenewroadconstruction, roadwidening,carpark/heavyvehicleparkconstruction, andconstructionofroadrelatedfacilitieslikeroadkerbs, drains,roadpavementsfromthesub-gradelevel,vehicular impactguardrails,aluminumrailingsandroadsignage. MaintenanceofSingapore’sRoadandPortInfrastructure AsphaltPavinginvolvesprecisedepthremovalofdefective asphaltpavementsandre-layfreshasphaltfortrafficina quickturnaroundtime.Roadgradientre-profiling RoadPavingsuchasthermoplasticandchlorinatedrubber paintmarking MillWasteManagement No.4SungeiKadutStreet2,Singapore*****6•Tel:*****518•Fax:*****760•Website:www.samco.com.sg BestWishesFrom
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  • Page 12 / 13 Advertisements
    • 40 12 / 13 r 5 w B tPTSl NGAPOR E ENTERPRISE TM Celebrating Singapore's Enterprising Spirit 2016 WE ARE PROUD OF YOU TOAN5W0RLD •DEL ORIENT EXPRESS LINES LIBERTY NAVIGATION 16 TG TERMINALS PROVIDENCE SHIP MANAGEMENT TI2AN5W©IUJ) croup SINGAPORE CARRYING CARGO WITH CARE www.tgsblpl.com
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    • 51 12 / 13 BLPL SINGAPORE CARRYING CARGO WITH CARE THANK RPR v EwG at We thank all our Partners, Vendors 6- Associates for their support, specially our Customers for choosing BLPL as their preferred carrier. f<:A 1 mt\ E r Ree ontainers ENTERPRISE ry Containe Celebrating Singapore's Enterprising Spirit 2016 www.tasblpl.com TRAN5WORLD croup
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  • Page 14 Advertisements
    • 104 14 COMFORTABLE VALUED SENSE OF BELONGING Caring for Life Celebrating excellence in healthcare Founded in 1993, Orange Valley is one of Singapore’s leading eldercare service providers. Offering convenient one-stop comprehensive eldercare services, we aim to be your Partner in Eldercare. In addition to operating six nursing homes island-wide, we also offer
      104 words
    • 54 14 Dr Ye Ning Managing Director Sun Singapore Systems Pte. Ltd. Your Trusted Partner in Automated Car Parking Systems Management Team Largest service team fleet in parking equipment industry in Singapore SunPark®Parking Guidance System SunPark®Electronic Parking System 2012 47 Kallang Pudding Road, #10-11/13 Crescent Kallang, Singapore *****8 Tel: +65 6774 3733
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  • Page 15 Advertisements
    • 131 15 I ISjPROUD TftBEiAWARDED THE ENTERPRISE 50 AWARDS FOR :1 CONSECUTIVE YEAR! GOURMET PURVEYOR 17 •j i// m i: r r i i \li l! 7 IV SOURC NG SER NG NG L 'X f x ENTERPRISE ENTERPRISE Celebrating Singapore Enterprising s P' rit^Q'J^ Celebrating Singapore’s Enterprising SpiritgQ'JQ ERPRIS ERPRlSt ERPRIS
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  • Page 16 Advertisements
    • 111 16 The Smarter Way to Run HR PROUD TO RANK AMONG THE BEST Kwa Kim Chiong CEO Founder Justlogin Pte Ltd Justlogin is the pioneer of HR Cloud applications in Singapore. Founded in 1999, our company was born with a vision that every business can access powerful HR systems without having
      111 words

  • Page 17 Advertisements
    • 227 17 V' as 1 IT > > Mi > <A r c. -■'5 i Dt (Sri, V VT* iT ■e- Your go-to specialists for execution of Interior Designs, Asset Enhancements and Space Optimisation Solutions. if Core Services Addition Alteration Repair Redecoration Interior Fit-out New Build Design Build Artwork a r A
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  • Page 19 Advertisements
    • 144 19 IS MORE THAN JUST PRINTING At Markono, we are constantly reinventing to ensure we remain relevant to our customers. Since 1967, Markono has grown to become one of the leading partners of international publishers and Fortune 100 companies. Our new integrated book production and fulfilment facility promises to transform Markono
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  • Page 21 Advertisements
    • 100 21 A remarkable milestone was achieved by McPEC in completing two mega E-houses within 17 months in record time, and McPEC is honoured to win the E50 Award for the second year running. Thank you to all our clients, business partners and staff! McPEC Marine and Offshore Engineering Pte. Ltd.~~~~~~~~~~~~~~ the
      100 words


  • Page 23 Advertisements
    • 243 23 Celebrating Singapore´s Enterprising Spirit 2016 CONGRATULATIONS TO ALL WINNERS 1 BLPL Singapore Pte Ltd 2Garena Online Pte Ltd 3UEMS Pte Ltd 4CAD-IT Consultants (Asia) Pte Ltd 5Seiko Architectural Wall Systems Pte Ltd 6Expand Construction Pte Ltd 7S11 Capital Investments Pte Ltd 8Orange Valley Nursing Homes Pte Ltd 9Linnhoff Technologies Pte
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  • Page 24 Advertisements
    • 210 24 FUTURE PROOFING you IS aCLEAR WINNER V3 Teletech is now V3 Smart Technologies For the past 14 years, we have been Singapore's leading mobility solutions technology provider which powers our customers'online, real-time services in telematics, fleet and asset tracking and management, mobile workforce applications and transport scheduling and optimization. Next,
      210 words