The Business Times, 19 September 2014
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2014-09-19
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The Business Times
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Title Section25 2014-09-19 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg SfCl A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MCI (P) 051/08/2014 Friday, eptember 19, 201425 words
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Article, Illustration802 2014-09-19 1 ROB CURRAN - More hawkish tone prompts traders to switch out of Treasury bonds into dollars By ROB CURRAN FOR the Federal Reserve, this was the point of no return: an extraordinary half-decade of stimulus and rate cuts has almost certainly come to an end. InPHOTO: BLOOMBERG - 802 words
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MARKETS DIGEST
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Article65 2014-09-19 1 GST INDEX 3,297.29 (+0.81) EST INDEX FUTURES 3,297.00 (unch) HSIMSCI 371.18 (-0.75) HSIMSCI FUTURES 371.50 (-0.70) US$ S$ US$ (S$ per US$) 1.267 (US$/S$ per 1.630 2.064 EURO (US$/S$/€ 1.289 1.633 Foreign currency per US$ S$ YEN 108.60 85.70 RM 3.229 2.549 HK$ 7.751 6.119 BAHT 32.27 25.48 RUPIAH65 words
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Article49 2014-09-19 1 Thursday Change KL COMP 1,845.32 +1.54 NIKKEI 225 16,067.57 +178.90 HANG SENG 24,168.72 -207.69 SET INDEX 1,584.23 +13.59 JAKARTA COMP 5,208.14 +19.96 MANILA COMP 7,287.29 +55.45 SEOUL COMP 2,047.74 -14.87 SHENZHEN B 970.99 +3.72 MUMBAI IND 27,112.21 +480.92 12 noon EDT Change DOW 17,244.19 +87.34 NASDAQ 4,585.10 +22.9149 words
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Article18 2014-09-19 1 SINGAPORE 5.35 MALAYSIA 6.55 TAIWAN 5.00 INDONESIA 15.014 TAIWAN 5.036 CANADA 1.475 KOREA 9.33 Source: Bloomberg18 words
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Article, Illustration700 2014-09-19 1 LEE MEIXIAN - Purchase of 1/3 stake by Kep Reit will upgrade its portfolio By LEE MEIXIAN leemx@sph.com.sg @LeeMeixianBT [SINGAPORE] Market rumours were proven right on Thursday with Keppel Land’s announcement that it will divest its one-third stake in Marina Bay Financial Centre (MBFC) Tower700 words
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Advertisement131 2014-09-19 1 COMPANIES Star 360 a shoo-in to be a global player PAGE 2 PROPERTY BT Property Classifieds HOCK LOCK SIEW A regulatory body separate from SGX? PAGE 5 PAGES 22 23 WINE Toast to fine Italian Barolo PAGE 33 HAMMER TIME Singapore’s auction scene is expanding, with more players offering art131 words
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TOP STORIES
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Article, Illustration552 2014-09-19 2 MINDY TAN - With Temasek as backer, it is now in talks with some big brands By MINDY TAN tanmindy@sph.com.sg @MindyTanBT [SINGAPORE] Fuelled by recent investments from Temasek units, Star 360 Holdings has plans to beef up its physical and online presence as it entersPHOTO: YEN MENG JIIN - 552 words
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Article, Illustration838 2014-09-19 2 To stay or not to stay the final scene unfolds Reuters [EDINBURGH] To stay or not to stay, that was the question Scots were deciding on when they voted in an independence referendum on Thursday that decides the fate of the United Kingdom. Opinion polls showed hundreds of thousands ofReuters; PHOTO: AFP - 838 words
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Article, Illustration563 2014-09-19 2 LEE U-WEN - BY LEE U-WEN |eeuwen@sph.com.sg @LeeUwenBT [SINGAPORE] Households in Singapore are earning more than they are spending, a new government survey released on Thursday has found. The latest Household Expenditure Survey (HES) by the Department of Statistics (DOS) also found that average monthly household incomesSource: Department of Statistics - 563 words
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Article357 2014-09-19 2 Fed flags October end to bond buying FOR the Federal Reserve, this was the point of no return: an extraordinary half-decade of stimulus and rate cuts has almost certainly come to an end. FRONT PAGE KepLand sells MBFC Tower 3 stake to Keppel Reit KEPPEL Land will divest357 words
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676 2014-09-19 4 ANTHONY ROWLEY - By ANTHONY ROWLEY in Tokyo THE yen hit a new six-year low against the US dollar on Thursday and yet trade data for August released the same day showed a drop in Japanese exports for the month at a time when the676 words
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Article, Illustration724 2014-09-19 4 CHUANG PECK MING - It will focus on connectivity and modern services Reports by CHUANG PECK MING in Hong Kong SINGAPORE is seriously considering taking on another mega industrial park project in China, this time in the western region which will figure large in the next phasePHOTO: LIANHE ZAOBAO - 724 words
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358 2014-09-19 4 SINGAPORE supports the US-led coalition against the unrecognised militant Islamic State of Iraq and Syria (ISIS) but it has yet to work out the form of backing to give. “How we can support the American-led effort? That’s something we can discuss,” Prime Minister Lee358 words
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Article, Illustration381 2014-09-19 4 Bloomb erg AFP [LONDON] Global markets mostly rose on Thursday while the US dollar rallied after the Federal Reserve stuck to its timetable on hiking interest rates but indicated they could rise more sharply than envisaged. The central bank’s statement that federal fundsBloomberg; AFP; Source: Bloomberg - 381 words
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Advertisement50 2014-09-19 2 New Improved: STJobs.sg Tailor your STJobs homepage for a personalised experience. R Have you seen the new site? STJobs has improved the way you search for jobs online complete with a brand new look. Visit our new site at STJobs.sg At STJobs.sg. your ideal job isn't hard to find. STJOBS.sc50 words
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Advertisement52 2014-09-19 3 PATEK PHILIPPE X a You never actually own a Patek Philippe. You merely look after it for the next generation. I THE HOURGLASS SINGAPORE TAKASHIMAYA S.C. 1:65-6734 2420 TANG PLAZA T65-6235 7198 KNIGHTSBRIDGE T65-6884 8484 RAFFLES HOTEL ARCADE T65-6334 3241 ONE RAFFLES PLACE T65-6534 5855 www.thehourglass.com m MW ■■mat Nautilus52 words
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Advertisement67 2014-09-19 4 W' '*■•'1 m; 3 1 > m miL v cCd -fe O a WATERPROOF v >- j-^rysr. c r -v Z— i p —A. r _<—- r V ,,T oPGC*ll-4.-v <■ c, S s f»v 'L M 1 V BREATHABLE e -V f y BREATHES GEOX SHOPS: CENTREPOINT #01 -23/2467 words
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COMPANY NEWS
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1043 2014-09-19 5 MICHELLE QUAH - HOCK LOCK SIEW B y MICHELLE QUAH michquah@sph.com.sg @MichelleQuahBT THE Singapore Exchange’s (SGX) plan to boost its disciplinary powers to improve the quality of the market is long overdue coming as it did after debacles such as the penny-stock collapse last year. Indeed, BT1,043 words
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Article, Illustration569 2014-09-19 5 ANITA GABRIEL - Latest purchase of Swiss properties marks its maiden European foray BY ANITA GABRIEL ahitag@sph.com.sg @AnitaGabrie|BT FROM the animated city of Sydney to the atmospheric Clarke Quay in Singapore and the dusty charm of Phnom Penh, the business voyage of Raffles Education Corp one of Asia’s569 words
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Article, Illustration570 2014-09-19 7 AMIT ROY CHOUDHURY - Partnership a strategic move for joint data centre offering By AMIT ROY CHOUDHURY amit@sph.com.sg @AmitRoyCBT IN a move that boosts its enterprise business, StarHub on Thursday announced a strategic partnership with IO, a leader in data centre technology and solutions. IO will provide StarHub570 words
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376 2014-09-19 7 SIOW LI SEN - BY SIOW LI SEN lIsen@sph.com.sg @SiowLiSenBT FRASERS Centrepoint Ltd’s (FCL) S$600 million debut perpetual issue, the largest perpetual deal this year, has been snapped up, said DBS Bank on Thursday. The hot demand led to the subordinated NC-5 perpetual bonds being priced at376 words
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375 2014-09-19 7 ANITA GABRIEL - By ANITA GABRIEL anitag@sph.com.sg @AnitaGabrielBT XPRESS Holdings has inked a pact with logistics companies United Parcel Service (UPS) Singapore and China's SF Express to add new services including value-added documentation services such as completion of airway bills, shipment invoices and tracking375 words
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COMPANY BRIEFS
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50 2014-09-19 7 JEFFERIES Singapore has joined the Singapore Exchange (SGX) derivatives market as a clearing and trading member. The admission of the global investment banking firm brings the number of trading members in the SGX’s derivatives market to 48, and the number of clearing members to 26.50 words
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55 2014-09-19 7 CATALIST-LISTED Metal Component Engineering (MCE) has signed a non-binding memorandum of understanding with Hangzhou Honghua Digital Technology Stock to jointly develop and manufacture a new model of digital textile printer. Around 20,000 to 50,000 sets are expected to be produced a year from55 words
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41 2014-09-19 7 MITSUBISHI UFJ Financial Group is now a substantial shareholder of Accordia Golf Trust (AGT). By acquiring 750,000 units, it now owns 55,485,805 units or 5.048 per cent of the trust, up from 4.98 per cent.41 words
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83 2014-09-19 7 COMMUNICATION Design International (CDI) expects to raise net proceeds of S$28.34 million from a proposed placement of up to 245 million new ordinary shares at 12 Singapore cents each. The price is a discount of 14.9 per cent from the volume-weighted average price of83 words
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Article, Illustration1052 2014-09-19 10 reportsFRANCIS KAN - Singapore companies must look beyond just new technologies and products to come up with disruptive innovations that will achieve game-changing performance, reports FRANCIS KAN reportsFRANCIS reportsFRANCIS KAN IN today's volatile business world, hungry start-ups and global corporations alike are looking to create groundbreaking products and1,052 words
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Article, Illustration218 2014-09-19 10 SERGUEI Netessine, Insead's Professor of Technology and Operations Management and the Timken Chaired Professor of Global Technology and Innovation, talks about the factors required for Singapore to foster a culture of business model innovation. “As we describe in our book The Risk-Driven Business Model: Four Questions218 words
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Advertisement269 2014-09-19 5 Performance Motors Limited III* I 1 I JJIf i a feU Sheer Driving Pleasure pml-bmw.com. sg life V f /Axvr>yA a v i 3 ■3» ,Z21 X ihk o BMW 5 Senes m MORE POWER TO YOU TAKE CONTROL OF YOUR #BMWSTORIES WITH THE BMW 5 SERIES AT PERFORMANCE MOTORS269 words
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SINGAPORE MARKETS
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Article, Illustration584 2014-09-19 6 R SIVANITHY - Focus now on Scotland referendum result which could have serious bearing on the pound STOCKS R SIVANITHY sivan@sph.com.sg @RSivanithyBT Senior Correspondent THE stock market wanted the US Federal Reserve to retain the phrase “a considerable time” at its latest Open Markets Committee meeting andSource: Bloomberg - 584 words
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Article77 2014-09-19 6 Sep 18 VALUE CLOSE BT OB/OS -769.00 +38.00 BT CADI -*****.00 -63.00 BT 10-day MA -*****.00 -77.00 FTSE ST Mid Cap 763.49 -2.08 FTSE ST Small Cap 538.63 +1.15 FTSE ST All Share 799.68 -0.09 FTSE ST China Top 195.28 -0.65 FTSE ST China 227.39 -0.52 FTSE77 words
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Article186 2014-09-19 6 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 4 4 6 0 0 0 4 4 6 Manufacturing 32 49 47 5 10 10 37 59 57 Commerce 14 25 14 2 8 5 16 33 19 Tpt/Stor/Comms 7 18 14186 words
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Article, Illustration918 2014-09-19 6 ANDREA SOH - Compiled by ANDREA SOH Singapore Reits CIMB Research, Sept 18 SINGAPORE Tourism Board’s recently published July 2014 tourism numbers showed that tourist arrivals dipped 0.9 per cent y-o-y, while hotel RevPAR (revenue per available room) was flattish. Although visitor arrivals in July this year were weaker than inSource: Bloomberg - 918 words
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Article122 2014-09-19 6 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 11,536 11,536 38,798 38,798 Manufacturing 198,774 70,937 269,711 89,387 6,558 95,945 Commerce 289,434 31,360 320,794 128,887 2,463 131,350 Tpt/Stor/Comms 87,824 10,262 98,086 117,391 1,959 119,349 Finance 19,911 627 20,538 150,431 168 150,599 Construction 38,979 545,807122 words
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Article121 2014-09-19 6 Stock name Close Change Ascendas Reit 2.270 -0.020 CapitaLand 3.230 +0.010 CapitaMall Trust 1.940 -0.010 CityDev 9.710 -0.080 ComfortDelGro 2.460 DBS Grp 18.210 -0.030 Genting Sing 1.125 +0.005 Global Logistic 2.800 -0.040 Golden Agri-Res 0.505 HPH Trust USD 0.695 -0.005 HongkongLand USD 6.900 +0.040 JMH 400121 words
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Article, Illustration529 2014-09-19 6 CURRENCIES Reuters [LONDON] The US dollar began European trading on Thursday almost 1.5 per cent higher against the yen than 24 hours earlier, after the Federal Reserve sent another shock through the global financial system by raising its projections on future interest rates. The falloutReuters; PHOTO: AFP - 529 words
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Article118 2014-09-19 6 BY CENTS CLOSE UP DBXT Nifty 10US$ ***** 290.0 1.7 Lyxor ThaiSET 10US$ ***** 167.2 0.9 IS S&P500 ***** 108.9 0.4 SPDR DJIA 10US$ ***** 59.5 0.3 Lyxor MS India 10US$ 1691 32.9 1.6 JMH 400 USD 6220 29.1 0.4 IS MS India 100US$ 767 24.1 2.5 Great Eastern118 words
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Article132 2014-09-19 6 BY CENTS CLOSE DOWN DBXT AUDCS 5US$ ***** -273.5 -1.1 DBXT USDIGInfl 5US$ ***** -245.7 -0.7 DBXT AUDCS 5SG$ ***** -191.0 -0.8 GLD 10US$ ***** -150.7 -1.0 DBXT MSKorea 10US$ 6289 -144.4 -1.8 DBXT iBoxxKR 5US$ ***** -122.8 -0.6 DBS Bk 4.7% NCPS 100 ***** -110.0 -1.0 DBXT EONIA132 words
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Article59 2014-09-19 6 VOLUME Singapore eDev 531,312,000 Digiland Intl 118,159,000 GSH 76,826,000 IHC 71,156,000 Noble 65,938,000 Mirach Energy 46,759,000 APAC Strategic 44,074,000 TopGlobal W*****9 35,481,000 Artivision Tech 32,766,000 Compact Metal 32,579,000 VALUE($) Noble 92,991,650 SingTel 62,116,200 OCBC Bank 49,156,692 DBS Grp 44,740,270 CapitaCom Trust 43,362,195 Global Logistic 42,155,870 UOB 37,417,72059 words
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Advertisement243 2014-09-19 7 www.Citroen .com .sg/GC4P 3 Join us on facebook.com/CitroenSG .V GOME ON DOWN FOR FAMILY-FUN 20 21 SEPTEMBER, 12PM 5PM CITROEN POD, 239 ALEXANDRA ROAD Great legroom in all rows! Panoramic glass roof! Aircraft-style trays! Stylish design with touchscreen interface! Powerful 1,6L [turbo-diesel high cost savings! 7 CITROEN GRAND C4 PICASSO243 words
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Advertisement376 2014-09-19 8 l\ E LEY CHOON GROUP RECYCLE BUILD RENEW Asphalt Regional Outreach ant f its second asphalt plant at Drive, Ley Choon’s combined has more than tripled from in me production capacity r Construction waste recycling wmm rted aSD^ V in 20 Underground infrastructure im comrade need 1 its first plar376 words
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Advertisement237 2014-09-19 9 CONGRATULATIONS ON THE GRAND OPENING OF LEY CHOON ASPHALT RECYCLING PLANT One-stop Underground Infrastructure Construction Road Works Specialist Established in 1990 and listed on the SGX Mainboard in 2012, Ley Choon is engaged in the construction and maintenance of underground utilities infrastructure and road/expressway in Singapore and abroad. Ley Choon’s237 words
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Advertisement417 2014-09-19 10 GET THE STRAITS TIMES ON THE GO jfl WHEREVER Jfli YOU ARE^ SUBSCRIBE NOW AND CHOOSE ONE OF THE FOLLOWING GADGETS ON THE GO La 2 YEAR PLAN SPH TURNS 30! Enjoy our 30th Anniversary celebrations with a special subscription package from The Straits Times Sony SmartWatch2 OR y LG417 words
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SINGAPORE NEWS
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337 2014-09-19 11 CLAIRE HUANG - New facility marks major milestone in the group’s 27-year presence here By CLAIRE HUANG huangjy@sph.com.sg @ClaireHuangBT WITH a view to generating S$4.6 billion in revenue from emerging markets (EMs) by 2018, ophthalmic optics company Essilor has expanded its regional337 words
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Article, Illustration465 2014-09-19 11 NISHA RAMCHANDANI - Ferrari’s focus is now on next year after ho-hum performance this year, he says F1 DRIVERS IN TOWN Reports by NISHA RAMCHANDANI nishar@sph.com.sg @Nisha_BT WITH a less-than-stellar performance so far this season for Ferrari, Formula One (F1) driver Fernando AlonsoPHOTO: AZIZ HUSSIN/THE STRAITS TIMES - 465 words
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Article, Illustration418 2014-09-19 11 CHAN YI WEN - By CHAN YI WEN yiwenc@sph.com.sg @ChanYiWenBT TO cater to increasing demand for grease products from the Asia-Pacific (Apac) region, especially China, Singapore’s largest foreign manufacturing investor ExxonMobil broke ground last week for the construction of a new grease plant at its Jurong418 words
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372 2014-09-19 11 JOYCE HOOI - By JOYCE HOOI joyceh@sph.com.sg @JoyceHooiBT SINGAPORE has become the only developed economy to make it onto the Milken Institute’s top 10 list of Asia’s Best-Performing Cities, coming in at eighth place. This index of 24 cities in the region the institute’s first372 words
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Article, Illustration284 2014-09-19 11 THE BOYS are back in town, and were out and about in full force on Thursday. A special public appearance by Mercedes AMG Petronas F1 drivers Lewis Hamilton and Nico Rosberg thrilled the crowds at the main atrium of Paragon. During the 2014 F1PHOTO: YEN MENG JIIN - 284 words
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249 2014-09-19 11 ANITA GABRIEL - By ANITA GABRIEL anitag@sph.com.sg @AnitaGabrielBT NEC Asia Pacific has joined hands with Singapore’s Economic Development Board (EDB) to develop smart-energy products and solutions in Singapore. They will home in on product research and developing solutions for ener-gy-management and control, smart grids, energy249 words
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MALAYSIA/INDONESIA
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Article, Illustration683 2014-09-19 12 JEFFREY HUTTON - But move to eliminate direct elections has powerful supporters, including Prabowo By JEFFREY HUTTON in Jakarta OPPONENTS of a bill to eliminate direct elections for Indonesian governors, mayors and other regional heads are calling on outgoing president Susilo Bambang Yudhoyono (SBY) to683 words
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306 2014-09-19 12 Reuters [HONG KONG] Indonesia’s new government plans to raise the price of subsidised fuel by as much as 3,000 rupiah (32 Singapore cents) a litre by November to reduce its budget deficit and allocate more funds for fixing infrastructure bottlenecks, policymakers said onReuters - 306 words
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751 2014-09-19 12 Bloomberg [KUALA LUMPUR] In her native Malaysia, Hong Leong Islamic Bank chief executive Raja Teh Maimunah Raja Abdul Aziz says she has never felt discriminated against on the basis of her gender. Overseas, it’s a different matter. “I was speaking at a conference inBloomberg - 751 words
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Advertisement295 2014-09-19 12 EXPERIENCE A QUANTUM LEAP IN YOUR BUSINESS WITH DIGITAL EDUTAINMENT MARKETING MASTERCLASS Win over your prospects and customers with increased awareness, increased leads and ultimately increased sales! WHAT IS DIGITAL EDUTAINMENT MARKETING? Digital edutainment marketing is a strategy in which your target audience is educated through content marketing while being295 words
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CHINA/INDIA
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Article, Illustration662 2014-09-19 13 Beijing to address worsening trade balance, improve market access Bloomberg Reuters [NEW DELHI] Indian Prime Minister Narendra Modi won a pledge from Chinese President Xi Jinping to invest US$20 billion as the leaders sought to adjust a lopsided trade relationship andBloomberg; Reuters; PHOTO: AFP - 662 words
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436 2014-09-19 13 Bloomberg [HONG KONG] As economists debate whether China can meet this year’s gross domestic product (GDP) growth goal of 7.5 per cent, would it be better to ditch targeting altogether? Yes, according to Standard Poor’s Singaporebased economists Paul Gruenwald and VincentBloomberg - 436 words
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426 2014-09-19 13 Reuters [BEIJING] China’s home prices fell in August for a fourth straight month, official data showed on Thursday, underlining a deepening downtrend in the property market that is increasingly weighing on the broad economy. Average new home prices across China fell 1.1Reuters - 426 words
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WORLD
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517 2014-09-19 14 ANTHONY ROWLEY - It also says global growth in 2014 is likely to be weaker than forecast By ANTHONY ROWLEY in Tokyo THE International Monetary Fund (IMF) warned on Thursday that increased risk taking and possible over-optimism in global financial markets “could trigger abrupt corrections”517 words
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Article, Illustration485 2014-09-19 14 AFP [CAIRNS, Australia] Finance ministers from G20 nations meet in Cairns this weekend as they grapple with how to achieve a lift in global growth by two per cent while being held back by a sickly eurozone recovery. Strengthening global growth, creating jobs andAFP - 485 words
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339 2014-09-19 14 Reuters [FRANKFURT] The European Central Bank (ECB) handed out the first of its new four-year loans to banks on Thursday, the flagship tool in a new stimulus package it hopes will stave off price deflation and revive the ailing eurozoneReuters - 339 words
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Article, Illustration412 2014-09-19 15 WP [WASHINGTON] Amazon announced six new tablets and e-readers on Wednesday, the latest sign that the Web retailer is trying to reach consumers through devices where it can sell more books, movies and TV shows. The tech giant said it is introducing twoWP; PHOTO: REUTERS - 412 words
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464 2014-09-19 15 GDP in 31 European economies to rise an average of 1.2% Bloomberg [LONDON] Five months of deadly fighting in Ukraine is curbing eastern Europe’s growth prospects, the European Bank for Reconstruction and Development has said. Gross domestic product in the 31 emergingBloomberg - 464 words
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614 2014-09-19 15 1.1 b euro bond will cover potential penalty for alleged money laundering Bloomberg [PARIS] UBS AG, the world’s biggest manager of money for the rich, has become the test case for French President Francois Hollande’s tax-evasion crackdown. The Swiss bankBloomberg - 614 words
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470 2014-09-19 16 Company warns of 230b yen loss; plans to cut 1,000 jobs in smartphone unit Reuters [TOKYO] Sony Corp shares fell more than 10 per cent on Thursday in their biggest drop in more than 10 months after the Japanese consumer electronics makerReuters - 470 words
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Article, Illustration728 2014-09-19 16 AFP [SEOUL] Smoke-filled bars and packed cancer wards reflect decades of neglect of no-smoking policies in Asia, where both high- and low-income countries are belatedly waking up to a growing tobacco-related health epidemic. Researchers say inadequate public awareness of smoking risks, coupled withAFP; PHOTO: REUTERS - 728 words
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453 2014-09-19 16 Press photo appears to show monster in a north England lake AFP [LONDON] As Scots prepare to vote for or against independence, the Loch Ness monster’s thoughts remain typically shrouded in mystery and there are fears he may have already made upAFP - 453 words
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579 2014-09-19 18 Study reveals 30 ‘cyberlockers’ using same technology as legitimate websites AFP [WASHINGTON] Online piracy of music, films and other content has moved to the Internet cloud, reaping big profits for digital thieves, according to a study released on Thursday. The study identifiedAFP - 579 words
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Article, Illustration383 2014-09-19 18 ANTHONY ROWLEY - By ANTHONY ROWLEY in Tokyo THE chief of Japanese clothing chain Uniqlo, recently nudged into second place behind Internet entrepreneur Masayoshi Son for the title of Japan’s richest person, regained the limelight on Thursday by announcing US$1.2 million in fellowships for Japanese383 words
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380 2014-09-19 18 Reuters [MOSCOW] Russian gas producer Gazprom is likely to record its lowest output this year since its creation a quarter of a century ago, after cutting supplies to Ukraine and losing market share to domestic rivals. Gazprom reduced its 2014 production forecast thisReuters - 380 words
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398 2014-09-19 18 LATEST US DATA Bloomberg Bloomberg [WASHINGTON] Housing starts slumped in August after reaching the highest level in almost seven years, pointing to an uneven pick-up in the US residential real estate market that will limit its contribution to economic growth. Beginning home constructionBloomberg Bloomberg - 398 words
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Advertisement219 2014-09-19 15 m A AD i W5 Q 10 *1 I •ft Si Chuan Dou Hua Restaurant C The Wedding Chapter. To Love and to Cherish Celebrate your steadfast journey of love with a wedding banquet, made perfect with the partnership of PARKROYAL Hotels and Resorts and Si Chuan Dou Hua Restaurant,219 words
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Advertisement127 2014-09-19 16 OURBIGGEST ALL-WOMENYOGA BYTHESEAEVER! 2 01 4 Presented By Tag your photos with #shapeyoga Participants will each receive a goodie bag* worth over $240. It includes: SEE YOU THERE Date Oct 12 (Sunday) Time 7-10am Venue Casuarina Grove (East Coast Park), Area F2 $10 Reebok Voucher $200 Bikram Yoga Harbourfront five-class127 words
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Advertisement4215 2014-09-19 17 THE BUSINESS TIMES Ik 1 f 1 ✓"'I Toll free 1800-289-8822 I fl I Email notices@sph.com.sg 1 j www.sphclass.com.sg/notices NOBEL NOBEL DESIGN HOLDINGS LTD (Company Registration No.: *****4591E) (Incorporated in the Republic of Singapore) NOTICE OF EXPIRY OF WARRANTS W*****1 (THE “W*****1 WARRANTS”) TO: ALL HOLDERS OF THE W*****1 WARRANTS4,215 words
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Advertisement416 2014-09-19 17 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF QIAN XI (CHONGQING) PTE. LTD. (IN MEMBERS’ VOLUNTARY LIQUIDATION) (Co. Reg. No. *****1801K) NOTICE OF RESOLUTIONS At the Extraordinary General Meeting of Qian Xi (Chongqing) Pte. Ltd. duly convened and held on the 17th day of416 words
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Advertisement467 2014-09-19 17 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF (1) PRECINCT AUSTRALIA PTE. LTD. (IN MEMBERS’ VOLUNTARY LIQUIDATION) (Co. Reg. No. *****5874K) (2) CAPITALAND INDIA MANAGEMENT PTE. LTD. (IN MEMBERS’ VOLUNTARY LIQUIDATION) (Co. Reg. No. *****1975K) NOTICE OF RESOLUTIONS At the Extraordinary General Meetings of467 words
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Advertisement301 2014-09-19 18 Form 69(3) NOTICE OF INTENDED DIVIDEND Name of company HARVEST-PLASTIC PRODUCTS PTE. LTD. (In Creditors’ Voluntary Liquidation) UEN *****1052E Address of registered office 1 Coleman Street #05-04 The Adelphi Singapore *****3 Last day for receiving proofs 3 October 2014 Name of liquidator Chian Yeow Hang Address of liquidator c/o Abacus301 words
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Advertisement134 2014-09-19 18 ladies-expo.com.sg fb.com/Ladies.Expo Great deals, free beauty boxes, talks workshops, demos activities… only at Ladies Expo! Irresistible deals from over 180 brands with so much to do! Only 4 days. Enjoy a girly time out sipping wines while discovering art, or bond with your child over a clay art workshop. You134 words
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Advertisement55 2014-09-19 18 2014 MAN U FACTURIN GSOLUTIONSEXPO Empowering Manufacturing Sectors with Solutions 8 to 10 October 2014 Suntec Convention Exhibition Centre Halls 401 403 ms-expo.com -B SIB V r* i/ ns ifH To Exhibit: Tel: +65 6319 4021 Email; mse@sph.com.sg To Visit: Pre-register at ms-expo.com Organised by: sphere A SUBSIDIARY OF In55 words
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Advertisement40 2014-09-19 18 FESTIVE QUARTER The season of festivals is on us and many in Singapore are gearing up Remembering an Indian pioneer in Singapore’s education sector GET YOUR COPY TODAY FROM ALL 7-ELEVEN OUTLETS TO ADVERTISE: CALL KALWANT (*****327) OR NISHAL (*****438)40 words
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AVIATION/SHIPPING
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351 2014-09-19 19 CAI YONG - Goal is to produce fully-trained pilots amid growing demand worldwide By CAI YONG caiyong@sph.com.sg TO help its clients meet rising demand for pilots, aircraft manufacturer Boeing is working on a Pilot Development Programme (PDP) that can train up to 500 pilots a year.351 words
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Article, Illustration737 2014-09-19 19 It exceeds 4 football fields’ length and can haul 190m iPads Bloomberg [HONG KONG] In shipping these days, bigger is better. Even if it’s just one metre. China Shipping Container Lines is ready to launch the largest containership ever built, a 400-metre (1,300-feet) behemothBloomberg; PHOTO: REUTERS - 737 words
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Article238 2014-09-19 19 SGX '000 Sept 18 S$ +/-Vol Ch Offshore 0.47 -0.01 211 Chuan Hup Hldg 0.30 0.01 1132 Sept 18 Cwt Limited 1.71 -0.01 332 First Ship Lea 0.10 unch 50 Grand Banks.............unch unch 0 Jaya Hold Ltd -0.01 K1Ventures 0.19 unch 590 Keppel Corp 10.55 -0.02 2298 Mercator238 words
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Article, Illustration788 2014-09-19 19 Bloomberg [NEW DELHI] SpiceJet Ltd, the Indian budget airline that has posted four straight quarterly losses, is seeking to lower costs by flying fewer and newer aircraft to return to profit amid intensifying competition from AirAsia Bhd. The airline returned two 14-year-oldBloomberg; PHOTO: BLOOMBERG - 788 words
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Article, Illustration407 2014-09-19 19 Re uters [COPENHAGEN] US regulatory approval of a proposed shipping alliance involving AP Moeller Maersk should be a formality, the Danish company’s chief executive said on Wednesday. The alliance between Maersk and Swiss-based Mediterranean Shipping Co (MSC) the two largest container shippersReuters - 407 words
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643 2014-09-19 19 AFP [PARIS] STRIKING Air France pilots dug in their heels on Wednesday, rejecting government calls to go back to work and new assurances from management that low-cost operations would not threaten their jobs. The work stoppage was set to continue,AFP - 643 words
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EDITORIAL & OPINION
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Article, Illustration1114 2014-09-19 20 ERIN MEYER - The varying world views of culturally mixed groups raises implications for managing them By ERIN MEYER The author is a professor at INSEAD and a specialist in cross-cultural management. She is the author of the new book, The Culture Map: Breaking ThroughPHOTO: REUTERS - 1,114 words
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Article, Illustration777 2014-09-19 20 FRANK CHING - THE BOTTOM LINE FRANK CHING The writer is a Hong Kong-based journalist and commentator. Follow him on Twitter: @FrankChing1 INTER-RACIAL marriage has historically been a contentious issue in many parts of the world and, while legal constraints may have been lifted, it continues777 words
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Article497 2014-09-19 20 EDITORIAL UP till last year, Nov 5 held little significance for corporations in Singapore, but a spate of hacking incidents changed that. Almost overnight, CEOs were forced into acquaintance with the hacking collective called Anonymous, the Guy Fawkes celebration that it associated itself with and497 words
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Article, Illustration919 2014-09-19 21 ALEX MATTER - The public-private partnership approach in the pharmaceutical industry has been shown to work By ALEX MATTER The writer is CEO of A*Star’s Experimental Therapeutics Centre (ETC) GLIVEC (or Gleevec in the US) is an antileukaemic drug known by several monikers a miracle drug, a magicPHOTO: REUTERS - 919 words
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Article, Illustration854 2014-09-19 21 ANDREW HAMMOND - By ANDREW HAMMOND The writer is an associate at LSE IDEAS at the London School of Economics, and was a former UK government special adviser A REPORTED 125 heads of state meet on Sept 23 in New York for a landmark climatePHOTO: REUTERS - 854 words
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733 2014-09-19 21 RICHARD FARMER - By RICHARD FARMER The writer is director, specialised recruitment, at Randstad Singapore IT IS easy to assume that a Formula One driver holds the sole responsibility of bringing victory to his team. The drivers are after all the face of the team, and their skill733 words
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Article123 2014-09-19 21 LETTER TO THE EDITOR WE refer to the article “Chesterton again urges release of more hotel sites” (BT, Sept 11). The Singapore Tourism Board (STB) would like to clarify that there is a healthy supply of 12,200 hotel rooms coming onstream in the next few years123 words
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PROPERTY
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Article, Illustration1211 2014-09-19 22 Developers expect further price falls as government releases more sites for sale Bloomberg [HONG KONG] Billionaires including Li Ka-shing and Robert Ng have cut debt at their Hong Kong developers to near-record lows in preparation to buy land as pricesBloomberg; FILE PHOTO - 1,211 words
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220 2014-09-19 22 Reuters [TOKYO] Land prices in Japan’s three largest metropolitan areas rose in the 12 months to July 1, driven by investments in office properties and housing demand, but prices in most smaller cities kept falling, a government survey showed. Commercial land prices forReuters - 220 words
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Page 22 Advertisements
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Advertisement544 2014-09-19 22 THE BUSINESS TIMES Call Toll-free 1800-289-9988 To Place Your Classified Advertisements CLASSIFIED D04 HOUSE FOR SALE SENTOSA Bungalow Sentosa 3½-Storey 8159 sqft,6+1 ensuite, 2 living, Pool, Lift, Berth. Also for rent. Owner 9144 0027/ 9771 6341 D10 HOUSE FOR SALE PRINCESS OF WALES ROAD Semi-D 999yrs/ Est land 3774 built544 words
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Advertisement133 2014-09-19 22 D09 APARTMENT FOR SALE ORCHARD RESIDENCES 2465 sf 4-bdrm #30 up 2174 sf 3-bdrm #15 up "Heart of Orchard" Above Orchard MRT, ION Shpg Mall. Sole Agent 9698 0098 Joyce Yong (DTZ) D09 APARTMENT FOR SALE URBAN RESORT At Cairnhill. 15% Discount. Freehold. TOP! Best! 3-bdrm 2121 sf from $5.24XM133 words
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Page 23 Advertisements
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Advertisement335 2014-09-19 23 Artist’s Impression 2014 M+S Pte. Ltd. Call now to book your appointment: MARINA ONE RESIDENCES Integrated development with Luxury Residences, unique Retail offerings and prime Grade-A offices Located in the heart of Marina Bay, Singapore’s new financial district Next to Marina Bay MRT Station, with connection to 4 MRT lines335 words
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Advertisement122 2014-09-19 23 D17 HOUSE FOR RENT 27A TOH AVENUE Semi-D Newly rebuilt 3500/ 5000 sqft. 2storey attic. 5+1 bedrooms pool. Available Immediate. Call 9863 5635/ 9727 2996 D10 APARTMENT FOR RENT HOLLAND TOWER 1800 sqft. 3+1. Pool. Maisonette. Immediate $4.xk. Call Richard Ong 9647 9755 D11 21 APARTMENT FOR RENT PEAK COURT122 words
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Advertisement245 2014-09-19 23 D05 WAREHOUSE FOR SALE PANTECH BIZ HUB Cheap! Pantech Biz Hub. 3638 sqft. 99 yrs. High ceiling. Loading bay cargo lift. Immed. Also rent. Don’t Miss! Call Julie Ng 9010 0062 D06 SHOP FOR SALE NORTH BRIDGE ROAD Jurong East 2sty, North Bridge Rd 2sty Main Rd, Little India 2sty245 words
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Advertisement176 2014-09-19 23 D23 FACTORY FOR SALE THE ELITIST Newest B1 Industrial Bldg. No ABSD and NO SSD! Many for Sale /Rent! Many sizes. Price Negotiable! Call Thomas Lim 8298 2284 D27 FACTORY FOR SALE E9 PREMIUM Rare! Brand New B2 ramp-up E9 premium 20/ 40 footer. Column free/ MRT. $6xxK up. 5%176 words
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Advertisement154 2014-09-19 23 D09 SHOP FOR RENT WILKIE ROAD CBD Wilkie/ Niven Road corner. Ground floor shop/ office. Area 6000 sf. Can be sub-divided. Rental from $7 psf. Call Owner 6251 3460 D12 SHOP FOR RENT TOA PAYOH CENTRAL Blk 177. Prime location! Ideal for retail business. 1250 sqft. View to Offer. Available154 words
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Article2121 2014-09-19 24 Papua New Guinea Australia New Zealand New Caledonia Fiji all other Pacific Islands Dili (East Timor) Guam (Mariana Islands) Honolulu (Hawaii) SOUTH PACIFIC SERVICE W W W. N G P L J S P. C O M THE CHINA NAVIGATION CO. PTE. LTD. 300 BEACH ROAD #02-02 THE2,121 words
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Page 24 Advertisements
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Advertisement142 2014-09-19 24 Maritime Shipping Frauds Seminar (25 26 Sep 2014) Clever things that people do to cheat in business and how not to be the next victim! Central Bank of Nigeria, the Patel fraud cases, scuttling, hijacking, Letters of Credit frauds, phantom ships and piracy, and other actual cases. Topics covered include:142 words
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Page 25 Advertisements
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Advertisement103 2014-09-19 25 Shipping lines seeking reliable Can they find your services here in the Shipping Times? The Business Times TO ADVERTISE, CALL JOE WONG AT *****327 Publicise Your Delivery Of^l ■r Newbuildsl ANO NAMING Of CESSFUl COMPLETION “""“Beniot Come publicise your Ship Christenings Delivery of Newbuilds, Project Completion, Vessel Conversion Refurbishment, Award103 words
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SINGAPORE STOCKS
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Article3941 2014-09-19 26 Transaction date: Sep 18 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Last 13 10.4 8Telecom Day Last Quote --AAT Net M Cap High 153.1 131 AIMSAMP Cap Reit 143 -1.5 8273,941 words
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Article443 2014-09-19 27 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 33 25 t 3Cnergy 500 Last Vol Day 1.9 0.5 t Advanced Systems 0.7 +0.1 1100 0.7 0.7 0.6 0.7 13.6 Last Quote Div443 words
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Article10972 2014-09-19 27 UNIT TRUST FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** APS Aloha Aberdeen Asset Mgt Asia Limited 1.59/ APS Alpha Fund (USD)!** 1.26/ Aberdeen Asset Mat Asia Limited 1.0243/ China Opportunities 1 China Opportunities USD!** 3 0159/ Global Emerging Markets USD Global Opportunities USD India10,972 words
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Article236 2014-09-19 27 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil Company Last 343 266 TanChongInt HK302xd -1 6 302 302 302 304 9.7 3.5 3 6082 DISCLAIMER: All information is published “as is” without warranty of any236 words
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Article1126 2014-09-19 27 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 118 108.3 ABF SG Bond ETF 116 -0.7 116 116 115 117 529.5 139.4 119 CIMB APAC Div 100S$D 134.4xd -0.2 134.4 134.4 133.2 135.9 110.51,126 words
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FINANCE & COMMODITIES
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Article670 2014-09-19 28 Sep 18 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.47 *****.11 *****.46 Dec14 *****.00 *****.00 *****.00 *****.00 ***** *****5 Mar15 *****.00 *****.00 *****.00 *****.00 1 105 MSCI TAIWAN INDEX FUTURES SPOT 336.56 337.58 335.94 Sep14 336.80 338.00 335.50 336.60 ***** *****6 Oct14 337.10670 words
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373 2014-09-19 28 In local curr In S$ In US$ dy yr dy yr dy yr Sep 17 Index Change Change Change Change Change Change World Preliminary 1255.6 0.0 6.0 0.3 4.5 0.1 4.4 EAFE Preliminary 979.8 0.1 2.5 0.4 -0.9 0.2 -1.0 Europe Preliminary 1401.9 0.3 3.5373 words
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Article471 2014-09-19 28 Sep 18 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.985 5.506 0.695 6.946 54.608 107.510 0.973 9.349 2.894 1.104 92.061 39.814 1.135 9.859 0.839 27.103 28.922 0.550 0.896 Canada 1.016 5.592471 words
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Article37 2014-09-19 28 Sep 18 (S$) 1 mth 0.***** 2 mths 3 mths 0.***** 6 mths 0.***** 9 mths 12 mths 0.***** SWAP Offer rates (S$) 1 mth 1 mth 3 mths 6 mths 6 mths Source: Thomson Reuters37 words
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Article84 2014-09-19 28 Sep 18 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 1-Year BY*****S 02-May-15 0.35 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year NY*****F 3.75 01-Sep-16 106.15 106.20 106.20 5-Year NX*****W 2.5 01-Jun-19 104.38 104.45 104.28 GOVERNMENT BONDS 10-Year NY*****H84 words
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Article122 2014-09-19 28 Sep 18 GOLD(US$/oz) Sep 18 Sep 17 Hong Kong 1228.00 1239.00 Sep 17 Sep 16 London 1235.98 1232.69 1236.49 1233.41 Source: Thomson Reuters CAST BAR Sep 18 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 77 47 5gm 302 247 10gm 560 496122 words
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Article57 2014-09-19 28 Sep 18 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Sep 14 2171.0 2156.0 2189.0 2160.0 1159 8366 Oct 14 2138.0 2135.0 2166.0 2133.0 ***** ***** Nov 14 2148.0 2144.0 2173.0 2136.0 ***** ***** Dec 14 2173.0 2166.057 words
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Article155 2014-09-19 28 Sep 18 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1344 1.1359 0.8958 0.8964 Canadian dollar 1.1522 1.1535 0.9102 0.9099 Euro 1.6318 1.6333 1.2886 1.2889 NZ dollar 1.0279 1.0290 0.8117 0.8120 Sterling pound 2.0634 2.0653 1.6295 1.6298155 words
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Article109 2014-09-19 28 Sep 17 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Nov 14 982.50 980.75 988.00 977.50 Jan 15 990.75 989.25 996.00 986.00 Mar 15 998.75 997.00 1004.00 994.00 May 15 1006.25 1004.75 1012.25 1001.75 SOYBEAN OIL (60,000 lbs; US cent/lb) Close Previous High/Low Oct 14109 words
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Article95 2014-09-19 28 Sep 17 COCOA (£/tonne) Close Prev High Low Dec 14 2045 2010 2051 2004 Mar 15 1999 1966 2005 1960 May 15 1981 1952 1987 1946 Jul 15 1969 1940 1974 1934 COFFEE(US$/tonne) Close Prev High Low Sep 14 1956 1964 1998 1998 Nov 14 1977 1985 1996 196895 words
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938 2014-09-19 28 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 4.7 0.3 1 -55 3.67 46 Asia-Pacific Strategic W*****6 3.4 1 2 56 Ratio Exer Ascendas REIT MB eCW*****3 Prem Asiatic Grp(Hldgs) Ltd W*****5 Asiatravel.com HoldingsW*****5 2.2 -1.8938 words
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Article70 2014-09-19 28 CRUDE OIL PRODUCTS Sep 17 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 98.82 0.18 WTI (Near Mth) 94.17 -0.65 Dubai (1-Mth F) 97.60 1.30 Tapis blend 100.91 1.54 Minas 96.41 1.54 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 94.56 0.87 Jet Kerosene 112.13 0.78 US$/barrel OpecOil Basket70 words
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Article22 2014-09-19 28 Sep 18 S$ Bid Offer 1-month 1.2663 1.2672 2-months 1.2663 1.2672 3-months 1.2663 1.2672 6-months 1.2662 1.2671 Source: OCBC22 words
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Article66 2014-09-19 28 Sep-17 Sep-17 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1961.25 1988.50 3 months 1999.00 2026.00 Copper, Grade A(US$/tonne) Cash 6973.50 6946.25 3 months 6931.00 6901.00 Lead(US$/tonne) Cash 2093.50 2104.00 3 months 2108.50 2115.50 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00 3 months66 words
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Article121 2014-09-19 28 As at 9am Sep 18 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.163 1.108 Can dollar 1.174 1.129 Euro 1.669 1.590 Sterling pound 2.100 2.020 NZ dollar 1.053 1.013 US dollar 1.294 1.233 Local dollars to 100 units of foreign121 words
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Article158 2014-09-19 28 Sep 18 $S Offer Bid 0vernight 0.10 0.05 1-month 0.3125 0.1875 2-months 0.3750 0.2500 3-months 0.4375 0.3125 Overnight mode: 0.15 US$ Offer Bid 7 days 0.18 0.08 1 month 0.25 0.15 2 months 0.30 0.20 3 months 0.40 0.20 6 months 0.50 0.30 9 months 0.60 0.40 12158 words
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executive lifestyle
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Article, Illustration2386 2014-09-19 29 HELMI YUSOF - The auction scene is expanding, with more players offering art and collectibles at attractive minimum bid prices. If art collectors here don’t get carried away while bidding, they might just walk away with terrific bargains, reports HELMI YUSOF reports HELMI YUSOF Bonhams expands Asian outposts ROBERT Zhao’s AUS$33,300.PHOTO: CHRISTIE’S; PHOTOS: BONHAMS; PHOTOS: SUBSTATION; PHOTO: LUCANNA; PHOTO: SINGAPORE PHILATELIC MUSEUM - 2,386 words
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Page 29 Advertisements
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Advertisement10 2014-09-19 29 TELEVISION Eve Hewson’s thrills spills on The Knick PAGE 3110 words
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COVER STORY/CINEMA
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Article, Illustration562 2014-09-19 30 writesGEOFFREY EU - Another in a long line of Hollywood family dramas is neither funny nor serious, writes GEOFFREY EU writesGEOFFREY writesGEOFFREY EU JUST when he least expects it, life rears its ugly head and bites Judd Altman (Jason Bateman), the producer of a popular radio show in562 words
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Article, Illustration530 2014-09-19 30 GEOFFREY EU - By GEOFFREY EU THIRTY-FIVE years after Mad Max introduced the world to a distressing vision of the Aussie apocalypse, The Rover presents an updated version of the dystopian future and it still isn’t pretty. By the looks of things, the Australian Outback hasn’t changed much530 words
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TV/ARTS
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Article, Illustration713 2014-09-19 31 DYLAN TAN - Eve Hewson relishes playing the lily-livered Lucy on the hit series The Knick writesDYLAN DYLAN TAN NOT many people will recognise the name Eve Hewson immediately but the feisty Irish starlet is determined to strike it out on her own rather than to simply be knownPHOTOS: CINEMAX - 713 words
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Article, Illustration612 2014-09-19 31 RACHEL LOI - By RACHEL LOI rachloi@sph.com.sg @RachelLoiBT IT has been almost a decade since American photographer Justin Mott left his photo-journal-ism studies at San Francisco State University and moved to Vietnam. And he has not turned back since. “I had so much fun (in school), and pho-to-journalism keptPHOTOS: JUSTIN MOTT, HISTORY - 612 words
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Article, Illustration916 2014-09-19 31 CHEAH UI-HOON - By CHEAH UI-HOON uihoon@sph.com.sg “GO near the painting and take a close look. Notice how you don’t see any detail but colour. And then stand back to see the full picture with all the fine details again,” urges Valter Spagno, one of the partners ofFILE PHOTOS - 916 words
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ARTS
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Article, Illustration592 2014-09-19 32 CHEAH UI-HOON - SINGAPORE DA:NS FESTIVAL 2014 One choreographer works with scientists for mind-body investigations, while another interviewed over 100 women worldwide for her piece. Headlining choreographers Wayne McGregor and Maria Pages at this year’s da:ns Festival aren’t just artists but also active in fields outside of dance. By592 words
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Article, Illustration564 2014-09-19 32 Maria Pages’ flamenco creation spotlights women of the world A 90-year-old Russian actress, a Japanese woman who lived through World War II, aboriginal women in Australia and abused women in a Madrid shelter were among the women whom flamenco dancer and choreographer Maria564 words
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AroundTown
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Article479 2014-09-19 32 GEORGINE VERANO - Compiled by GEORGINE VERANO gverano@sph.com.sg Whisky Live 2014: For its fifth year, South-east Asia’s biggest whisky and spirit show is back with hundreds of expressions of whisky with over 40 brands and 25 brands of spirit the largest in Singapore yet. Burnt Ends restaurant will lend its support to479 words
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Article, Illustration265 2014-09-19 32 CHEAH UI-HOON - By CHEAH UI-HOON FILIPINO artist Andres Barrioquinto returns to Singapore after a four-year hiatus with a solo show. Besides new paintings, he launches a series of sculptures in The Scream of the Butterfly showing the subjects he first used during his early days as a painter.265 words
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Article, Illustration625 2014-09-19 32 Matthew Bourne’s Swan Lakehas been performed more times in 20 years than the Royal Ballet performed its classical version in its 75-year history, popularising the well-known classic to new generations LIKE the proverbial swan turning into a beautiful woman in Swan Lake, the much loved625 words
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WINE/ARTS
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Article, Illustration1087 2014-09-19 33 NK YONG - One of the most respected names, Bruno Giacosa, never fails to please, writesNK NK YONG Gusto Italiano’s wine dinner at La Strada on Sept 16, featuring the wines of Bruno Giacosa was fully sold out as expected. The name Bruno Giacosa, one of the mostPHOTO: NK YONG - 1,087 words
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SINGAPORE INTERNATIONAL FESTIVAL OF THE ARTS
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Article, Illustration584 2014-09-19 33 HELMI YUSOF - By HELMI YUSOF helmi@sph.com.sg @HelmiBT PETER Pan is a lavish musical for children between the ages of five and 95. The younger ones would be thrilled by the visual pageantry and catchy tunes. The older ones would appreciate the darker shades of the story, thePHOTOS: LUCIE JANSCH - 584 words
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Article, Illustration612 2014-09-19 33 CHEAH UI-HOON - B y CHEAH UI-HOON uihoon@sph.com.sg AMONG all the productions in this year’s Singapore International Arts Festival, Iranian play Amid the Clouds goes to the top of the list for the most austere and restrained piece, but one that was steeped in poignancy and meaning.PHOTO: FRED FRUMBERG - 612 words
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Page 33 Advertisements
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Advertisement9 2014-09-19 33 non? i&iiiiiiiiii v.vintec-cel lar.com Vinrec WINE PRESERVATION TECHNOLOGY SEAMLESS9 words
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Page 33 Miscellaneous
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Miscellaneous330 2014-09-19 33 CRYPTIC CROSSWORD Across 1 Relate, one way or the other (5) 4 Manages hard American groups (8) 8 Former Labour politician, fellow not best pleased (8) 9 Going off after short time, running (8) 11 Vehicle of writer unserviceable, dumped by motorway (7) 13 Dear Parisian among idiots who may330 words
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Page 34 Advertisements
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Advertisement169 2014-09-19 34 Audi Vorsprung durch Technik 0^ When it feels this good it becomes a new state of mind. The aLL-new Audi A3 Cabriolet. It changes everything. You don't know the real Cabriolet life until you drive the Audi A3. Boasting a fully automatic soft-top in 3 colours with heat and noise169 words
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