The Business Times, 16 December 2014
This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.
2014-12-16
1
30
https://www.nlb.gov.sg
https://eresources.nlb.gov.sg/newspapers/browse/biztimes
The Business Times
-
Title Section30 2014-12-16 1 THE BUSINESS TIMES S$1.00 S|jh A SINGAPORE PRESS HOLDINGS PUBLICATION www.businesstimes.com.sg G C ©BTBreakingnews CO REGN NO *****2868E MCI (P) 051/08/2014 I Wednesday, October 8, 2014 Tu sday, December 1630 words
-
Article, Illustration238 2014-12-16 1 Singapore’s restructuring squeezed more workers out of work in the third quarter, but the workers axed are unlikely to stay jobless for long. While job openings may have eased after four straight quarters of rises, 55 per cent of Singaporeans and permanent residents retrenched in Q2 found238 words
-
Article27 2014-12-16 1 Monday Change STI 3,294.14 -29.99 KL COMP 1,697.31 -35.68 NIKKEI 225 17,099.40 -272.18 HANG SENG 23,027.85 -221.35 SHENZHEN B 1,021.97 -0.13 DOW (11am EST) 17,281.63 +0.8027 words
-
922 2014-12-16 1 Lynette Khoo - But latest monthly URA data shows brisk sales of executive condominiums By Lynette Khoo lynkhoo@sph.com.sg @LynetteKhooBT Singapore WITH developers’ sales of private condominiums falling 48 per cent in November from a month ago to 412 units and December922 words
-
Article, Illustration870 2014-12-16 1 Anthony Rowley - Going against expectations, Tokyo stocks plumb four-week low and yen perks up By Anthony Rowley btworld@sph.com.sg Tokyo FINANCIAL markets delivered a highly sober verdict on Monday on what many commentators had hailed as Japanese Prime Minister Shinzo Abe’s “landslide” election victoryPHOTO: BLOOMBERG - 870 words
-
Page 1 Advertisements
-
Advertisement117 2014-12-16 1 *****4 SECRETS OF STARTUP SUCCESS The importance of being earnest SME/29 HOSTAGE DRAMA COLLECTIVE SALE Peace Centre/Peace Mansion make third en bloc attempt REAL ESTATE 13 Sydney cafe siege is over; 2 people dead and 3 injured: reports GOVT ECONOMY 23 NURTURING A PARTNERSHIP S’pore, Kazakhstan enjoy growing ties in117 words
-
-
TOP STORIES
-
576 2014-12-16 2 Chuang Peck Ming - MOM says unemployment stays low and steady By Chuang Peck Ming peckming@sph.com.sg @PeckmingBT Singapore THE ongoing economic restructuring squeezed more workers out of work in the third quarter, but the workers axed are unlikely to stay jobless for long. While job576 words
-
532 2014-12-16 2 Malminderjit Singh - Total retail sales value estimated at S$3.2 billion By Malminderjit Singh msingh@sph.com.sg @MalminderjitBT Singapore RETAIL sales in Singapore increased 8.1 per cent year on year in October, boosted by motor vehicle sales. Excluding motor vehicles, retail sales rose a mere532 words
-
Article, Illustration518 2014-12-16 4 Pauline Ng - There are also concerns fiscal deficit targets may not be met due to oil price plunge By Pauline Ng btworld@sph.com.sg Kuala Lumpur AS oil prices continued to slip, foreigners concerned over Malaysia’s fiscal position trimmed equity holdings to push the stock market 2PHOTO: BLOOMBERG - 518 words
-
470 2014-12-16 4 LATEST US DATA BLOOMBERG REUTERS Washington INDUSTRIAL production surged in November by the most since May 2010 as US assembly lines churned out more consumer goods and business equipment, signalling manufacturing is bolstering economic growth. The 1.3 per cent gain inBLOOMBERG; REUTERS - 470 words
-
Article, Illustration624 2014-12-16 6 Jacquelyn Cheok - Deal will allow China cinema-goers to watch movie trailers, play games and access rewards via Yummi’s app By Jacquelyn Cheok jaccheok@sph.com.sg @JacCheokBT Singapore GOING to the movies will soon be a universally social and immersive experience, according to Alastair Simpson, chief624 words
-
Article, Illustration658 2014-12-16 6 Lee U-Wen - By Lee U-Wen leeuwen@sph.com.sg @LeeUwenBT Singapore SHE may have 23 years of experience in the human resource sector under her belt, but Tay Beng Koon’s philosophy in life is that a person can, and should never, stop learning. While her job as director of the658 words
-
-
Page 2 Advertisements
-
Advertisement177 2014-12-16 2 Become a strategic Business or I Financial leader. I It’s possible, r Edinburgh Napier y Ranked top 100 amongst UK universities (The Guardian University League Tables 2015) y Top 100 UK graduate prospects (The Sunday Times University Guide 2014) Intake: Feb 2015 Apply now and receive up $2000 study grant*177 words
-
Advertisement99 2014-12-16 2 /V &h VCC1RCLE Training Learn it from the Valuation Guru Two Day Workshop on Business Valuation with ASWATH DAMODARAN Professor, Stern School of Business Venue Raffles Hotel, Singapore Deep Insights On DCF Model Live Case Studies Valuation of all types of Companies Estimating Cash Flows, Growth Rates Patterns For mare99 words
-
Advertisement16 2014-12-16 2 Grow Your Stock Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Mergers Acquisitions Notices16 words
-
-
Page 3 Advertisements
-
Page 4 Advertisements
-
Advertisement1032 2014-12-16 4 TOWER FORM FACTOR ASUS recommends Windows. *FREE Upgrade with Extra 4GB RAM for Desktops! D810MT Business Desktop BM1AE BM1AD All-around Management Mini Tower Desktop with Dual LAN Technology, Dual DVI, DP Port Built-in Enterprise Management Reliable, Secure Efficient Desktop Solution for Business Enterprise Q87 CHIPSET D810MT-I*****017F Intel®CoreTMi5-4570 vPro Processor 64-bit1,032 words
-
Advertisement31 2014-12-16 4 4Want access to BBQ pits? If you're looking for your dream condo complete with facilities, turn to the Print Classified Properties section. To advertise, call the Print Classified Hotline: 1800-289 9988.31 words
-
-
Page 5 Advertisements
-
Page 6 Advertisements
-
Advertisement194 2014-12-16 6 Better manage the shadow plays in business by shining the light of true understanding NUS Business School Executive Education programmes Authentically Asian insights EXECUTIVE EDUCATION ADVANCED MANAGEMENT PROGRAMME: ASIA IN FOCUS 16 27 March 2015, Singapore Offering deep insights on global and Asian business, the NUS Advanced Management Programme helps194 words
-
Advertisement137 2014-12-16 6 E X P E R I E N C E THE NEW LUXU RY BTLuxe Christmas 2014. In print and on your iPad. Digital exclusives only in the BTLuxe iPad app: TheGreatSafariAdventure VisittheHouseofLaurent-Perrier Download it now for free at the App Store Luxe Win a pair of Business Class tickets137 words
-
-
COMPANIES & MARKETS
-
Article, Illustration405 2014-12-16 7 Kelly Tay - Latest transaction is its biggest daily buyback in a week; total done since Dec 11 is 2.56m shares for S$20.87m By Kelly Tay kellytay@sph.com.sg @KellyTayBT Singapore KEPPEL Corporation on Monday bought back more of its shares its fourth and biggestSource: Bloomberg - 405 words
-
451 2014-12-16 7 Malminderjit Singh - By Malminderjit Singh msingh@sph.com.sg @MalminderjitBT Singapore KEPPEL Corporation’s chairman Lee Boon Yang led the tributes for the group’s senior executive director Teo Soon Hoe, who died on Sunday, describing his service to the company as “legendary”. Dr Lee said451 words
-
306 2014-12-16 7 Malminderjit Singh - By Malminderjit Singh msingh@sph.com.sg @MalminderjitBT Singapore VALLIANZ Holdings has deepened its footprint in the Middle East a lucrative oil market as it secured a time charter contract worth US$97 million with one of the world’s largest national oil companies in the region. The offshore support vessels306 words
-
550 2014-12-16 8 Chan Yi Wen - Costs had surged mainly due to the February 2014 purchase of Del Monte Foods in the US By Chan Yi Wen yiwenc@sph.com.sg @ChanYiWenBT Singapore DESPITE soaring revenues, mainboard and Philippines-listed Del Monte Pacific Limited (DMPL), recorded a 97.9 per cent plunge in net profits550 words
-
295 2014-12-16 8 Kelly Tay - By Kelly Tay kellytay@sph.com.sg @KellyTayBT Singapore SINGAPORE Airlines (SIA) will be adjusting capacity to better match market demand, as its systemwide passenger carriage dropped 3.8 per cent year on year in November against a 2.1 per cent reduction in capacity.295 words
-
IN BRIEF
-
116 2014-12-16 8 CONSTRUCTION firm Yongnam Holdings has secured two contracts worth S$22.8 million a specialist civil engineering contract in Hong Kong, and a mechanical engineering contract for the Trisonic Wind Tunnel in Singapore. The former was secured by Yongnam Engineering (HK), and the latter by Yongnam Engineering116 words
-
Article67 2014-12-16 8 SYSMA Holdings’ wholly-owned subsidiary, Sysma Construction, has secured a contract to erect a two-storey detached house with basement at Ridout Road. The contract is valued at S$13.5 million and construction will take place over 20 months, starting from this month. The contract marks the construction group’s67 words
-
64 2014-12-16 8 A WHOLLY-OWNED subsidiary of Leader Environmental Technologies has successfully renewed its loan facilities from China Merchants Bank. This is in respect of a loan amount of not more than 110 million yuan (S$23.3 million) for another one-year tenure starting from Nov 18. This will64 words
-
-
Article, Illustration514 2014-12-16 9 Jamie Lee - Works are Thomson Line-related; Ryobi also in NEWater plant, Project Jewel deals By Jamie Lee leejamie@sph.com.sg @JamieLeeBT Singapore AT least two construction and engineering firms here have secured sizeable government project contracts. Catalist listing Kori Holdings landed two large contracts for works514 words
-
278 2014-12-16 9 Malminderjit Singh - By Malminderjit Singh msingh@sph.com.sg @MalminderjitBT Singapore SWIBER Holdings has broken into the lucrative West African oil market through a field development award, the group announced on Monday. The offshore construction and support services provider to the oil and gas industry secured a278 words
-
Article, Illustration63 2014-12-16 10 STI Catalist Straits Times index Dec 15,2014 3,294.14 -29.99 (-0.90%) Current streak 1 day Day high 3,314.30 Day low 3,285.49 52-week high 3,374.06 (July 31, 2014) 52-week low 2,960.09 (Feb 5, 2014) FTSE ST Catalist index Dec 15,2014 743.02 +2.44 (+0.33%) Current streak 2 days Day high 745.77 Day low63 words
-
Article, Illustration641 2014-12-16 10 R Sivanithy - Banks lead losses; oil-price sensitive stocks such as Keppel Corp and Sembcorp Industries also drag down index TT STOCKS By R Sivanithy sivan@sph.com.sg @RSivanithyBT WALL Street may not have had much of an impact here this year but Monday was an exception withSource: Bloomberg - 641 words
-
Article306 2014-12-16 10 Stock name Close Change Day high/low 52w high 52w low PE Div yield Mcap Ascendas Reit 235 +3 236/232 250 206 6.1 5937.8 CapitaLand 324 -5 328/323 348 268 16.2 2.5 *****.4 CapitaMall Trust 203 +2 205/200 209 180 5.1 7040.6 CityDev 996 -9 1002/993 1118 860 13.5306 words
-
Article35 2014-12-16 10 VOLUME IHC 50,475,000 China Env 38,283,000 SIIC Environment 31,070,000 ThaiBev 29,900,000 Equation 29,270,000 Market volume 1,137,289,000 VALUE Keppel Corp 92,904,400 SingTel 73,436,990 DBS Grp 56,031,640 UOB 27,005,980 OCBC Bank 26,536,230 Market value 889,077,00035 words
-
Article110 2014-12-16 10 Most Active Fund Last sale +/-(‘000) Day high/low 52w high/low Buy/Sell Mcap STI ETF 333 -4 140 336/333 343/298 333/334 UETF SSE50China 203 +1 86 203/198 217/140 201/202 63.4 Nikko AM STI ETF 338 -4 62 342/338 422/300 338/340 8.2 DBXT MSINDO us$ US1377 -46 39 1403/1376 1600/1110110 words
-
Article77 2014-12-16 10 Dec 15 VALUE CLOSE BT OB/OS -525.00 +120.00 BT CADI -*****.00 -185.00 BT 10-day MA -*****.00 -53.00 FTSE ST Mid Cap 735.61 -3.76 FTSE ST Small Cap 487.08 -4.12 FTSE ST All Share 789.15 -6.66 FTSE ST China Top 183.77 -0.82 FTSE ST China 220.64 -0.87 FTSE77 words
-
Article, Illustration35 2014-12-16 10 STI FTSE ST All-Share ftse ST All-Share index Dec 15,2014 789.15 -6.66 (-0.84%) Current streak 1 day Day high 793.13 Day low 787.48 52-week high 819.39 (July 31, 2014) 52-week low 722.35 (Feb 5, 2014)35 words
-
Article, Illustration33 2014-12-16 10 STI MSCI EAFE MSCI EAFE Index Dec 12,2014 1,767.09 -20.30 (-1.14%) Current streak 5 days Day high 1,795.67 Day low 1,767.09 52-week high 1,995.49 (July 3, 2014) 52-week low 1,714.64 (OCt 16, 2014)33 words
-
Article186 2014-12-16 10 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 2 11 3 0 0 0 2 11 3 Manufacturing 16 68 30 7 6 10 23 74 40 Commerce 11 29 14 2 7 2 13 36 16 Tpt/Stor/Comms 7 27 6186 words
-
Article121 2014-12-16 10 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 20,707 20,707 116,997 116,997 Manufacturing 117,069 67,347 184,416 94,678 2,718 97,396 Commerce 48,997 38,316 87,313 60,347 2,641 62,988 Tpt/Stor/Comms 89,913 719 90,632 149,310 266 149,576 Finance 12,782 22 12,804 124,703 6 124,708 Construction 28,367 6,084121 words
-
Article74 2014-12-16 10 BY CENTS CLOSE UP 52w high/low DBXT S&P Short US$ 2287 18.4 0.6 2752/2215 Hotel Royal 374 8.0 2.2 400/296 DBXT CSI300 US$ 912 7.9 0.7 958/613 KepCorp VTePW*****2 29 4.0 16.0 29/9.5 HongkongLand USD 683 3.9 0.4 714/565 BY PERCENTAGE CLOSE UP 52w high/low InterraResW*****8 0.9 28.6 0.274 words
-
Article74 2014-12-16 10 BY CENTS CLOSE DOWN 52w high/low SPDR S&P500 US$ ***** -301.5 -1.1 *****/***** DBXT MSTHAI US$ 1930 -194.0 -7.1 2225/1620 GLD US$ ***** -135.0 -0.9 *****/***** JSH USD 3317 -83.9 -1.9 3810/3006 Lyxor US DJIA US$ 1752 -83.9 -3.5 1824/1570 BY PERCENTAGE CLOSE DOWN 52w high/low BlueSkyPower 9.2 -45.674 words
-
Article82 2014-12-16 10 VOL CLOSE($) CHANGE ES 1,408.0 0.145 +0.024 +19.84 China Env 38,283.0 0.136 +0.022 +19.30 Lasseters Intl 30.0 0.092 -0.020 -17.86 Tritech 13,993.0 0.152 +0.025 +19.69 CEFC Intl 185.0 0.026 -0.013 -33.33 Delong 469.0 0.240 +0.010 +4.35 ISR Capital 323.0 0.026 +0.005 +23.81 Swee Hong 450.0 0.170 -0.020 -10.5382 words
-
BROKERS’ TAKE
-
Article127 2014-12-16 10 Offshore marine sector Neutral Dec 15 close (Ezion): S$1.045 Dec 15 close (Pacific Radiance): S$0.775 CIMB Research, Dec 14 CALLING for an entry point for oil services companies in such a market is akin to having a sword of Damocles hanging over our heads. Cheap has gotten cheaper, while O&M127 words
-
Article145 2014-12-16 10 Hold Dec 15 close: S$0.54 DBS Group Research, Dec 12 WITH Brent crude oil falling below US$70 per barrel, we believe the medium-term outlook has become more cloudy now, with several oil majors and rig owners cutting capex plans, reducing dividends and tightening opex. Offshore supply145 words
-
Article217 2014-12-16 10 Jamie Lee - Compiled by Jamie Lee Neutral Dec 15 close (Sheng Siong Group): S$0.68 OCBC investment Research, Dec 12 IN view of expected stimulus in emerging Asean countries such as Indonesia, the Philippines and Thailand, regional consumption growth is likely to improve in 2015. This is also backed by the217 words
-
-
393 2014-12-16 11 TT CURRENCIES REUTERS London THE yen rose on Monday as financial markets shrugged off Japanese Prime Minister Shinzo Abe’s widely expected election win, while a new low for eurozone inflation expectations kept the bloc’s currency on the defensive. Japan’s Nikkei stock average fellREUTERS - 393 words
-
FOREX RATES
-
Article471 2014-12-16 11 Dec 15 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.953 5.099 0.662 6.388 51.663 104.401 0.975 9.058 2.881 1.062 82.577 36.816 1.081 9.529 0.795 25.799 27.019 0.524 0.824 Canada 1.049 5.350471 words
-
Article155 2014-12-16 11 Dec 15 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.0801 1.0812 0.8239 0.8241 Canadian dollar 1.1331 1.1346 0.8648 0.8643 Euro 1.6319 1.6336 1.2448 1.2451 NZ dollar 1.0164 1.0180 0.7753 0.7759 Sterling pound 2.0619 2.0640 1.5728 1.5732155 words
-
Article22 2014-12-16 11 Dec 15 S$ Bid Offer 1-month 1.3113 1.3124 2-months 1.3114 1.3125 3-months 1.3114 1.3127 6-months 1.3116 1.3130 Source: OCBC22 words
-
EQUITY BONDS WARRANTS FUTURES
-
Article362 2014-12-16 11 Dec 15 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.49 *****.32 *****.21 Mar15 *****.00 *****.00 *****.00 *****.00 *****5 *****3 Jun15 *****.00 *****.00 *****.00 *****.00 4 2645 MSCI TAIWAN INDEX FUTURES SPOT 332.02 332.35 330.23 Dec14 332.00 333.10 328.30 332.80 ***** *****1 Jan15 331.60362 words
-
206 2014-12-16 11 Most active Dec 15 Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left DBS MB eCW*****2 11.2 -2.6 6392 0.1 0 6 KepCorp MB eCW*****2 6.9 -0.7 5661 0.2 900 6 FTSEChinaA50 9600 MBeCW*****0 20.5 unch 4570 0.0 3 STI206 words
-
373 2014-12-16 11 In local curr In S$ In US$ dy yr dy yr dy yr Dec 12 Index Change Change Change Change Change Change World Preliminary 1246.3 -1.2 5.2 -1.2 5.3 -1.0 1.2 EAFE Preliminary 964.9 -1.6 0.9 -1.4 -4.1 -1.1 -7.8 Europe Preliminary 1341.7 -2.4 -1.0373 words
-
-
BANK RATES
-
Article154 2014-12-16 11 Dec 15 $S Offer Bid 0vernight 0.05 0.02 1-month 0.3750 0.2500 2-months 0.4375 0.3125 3-months 0.4375 0.3125 Overnight mode: 0.12 US$ 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 12154 words
-
Article36 2014-12-16 11 Dec 15 (S$) 1 mth 0.***** 2 mths 3 mths 0.***** 6 mths 0.***** 9 mths 12 mths 0.***** SWAP Offer rates (S$) 1 mth 0.***** 3 mths 0.***** 6 mths 0.***** Source: Thomson Reuters36 words
-
Article65 2014-12-16 11 Dec 15 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year NY*****F 3.75 01-Sep-16 105.40 5-Year N*****0H 1.625 01-Oct-19 100.64 100.70 100.70 10-Year NY*****H 3.000 01-Sep-24 107.25 107.58 107.45 15-Year NY*****E 2.875 01-Jul-29 104.47 104.60 104.60 20-Year NZ*****V 3.375 01-Sep-33 110.25 110.75 110.7065 words
-
-
AGRI METALS ENERGY
-
Article209 2014-12-16 11 Dec-12 Price Net change change Last Trade Agricultural Dec-12 CBOT Soybeans (US cents/bu) 1047.25 5.00 0.48% 14/01/2015 CBOT Soybean Oil (US cents/lb) 31.97 0.04 0.13% 12/12/2014 CBOT Wheat (US cents/bu) 627.50 17.25 2.83% 12/12/2014 Dec-12 LIFFE Cocoa (£/tonne) 1909.00 -13.00 -0.68% 12/12/2014 LIFFE Coffee (US$/tonne) 1944.00 6.00 0.31%209 words
-
Article53 2014-12-16 11 Dec 15 KLCE Palm Futures (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Dec 14 2154.0 1417 Jan 15 2161.0 2152.0 2166.0 2150.0 686 ***** Feb 15 2186.0 2168.0 2188.0 2154.0 ***** ***** Mar 15 2189.0 2171.0 2190.0 2156.0 ***** *****53 words
-
-
-
Page 7 Advertisements
-
Advertisement126 2014-12-16 7 Design, illuminated The new CIS Coupe It takes a degree of finesse to create a design precedence the new generation CIS Coupe does so with impeccable style. Integrated MULTIBEAM LED headlamps allow for precise adjustment for light distribution to suit road conditions. 9G-TRONIC automatic transmission, available in selected models, adds126 words
-
-
Page 8 Advertisements
-
Advertisement434 2014-12-16 8 FOOD SERVICE EXCELLENCE AWARD H 2014 FOOD SERVICE EXCELLENCE AWARD U FOOD SERVICE EXCELLENCE AWARD IS AN ACCOLADES THAT ACKNOWLEDGES THE EFFORTS OF KEY PLAYERS IN THE FOOD BEVERAGES INDUSTRY WHO DELIVER THE BEST DINING EXPERIENCE TO THEIR PATRONS. THIS AWARD AIM TO MOTIVATE TALENTS IN THE INDUSTRY TO EXCEL434 words
-
Advertisement30 2014-12-16 8 3If you're looking to buy or rent an HDB apartment, turn to the Print Classified Properties section. To advertise, call the Print Classified Hotline: 1800-289 9988. Need a room flat?30 words
-
-
Page 9 Advertisements
-
Advertisement442 2014-12-16 9 THE FUTURE OF HUMAN WELL-BEING AND SECURITY Raffles Human Well-being Security Dialogue 2-3 February 2015 The Ballroom, Raffles Hotel, Singapore The Raffles Dialogue will bring together leading thought- and opinion-leaders to vigorously deliberate on key issues through plenary lectures and moderated panel discussions. The dialogue also commemorates the 110th anniversary442 words
-
-
REAL ESTATE
-
614 2014-12-16 12 Lee Meixian - It cites pent-up demand from both real-estate occupiers and investors due to prior lack of stock By Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore REAL estate transactions in Asia will probably increase in 2015, driven by greater supply that is finally starting to614 words
-
Article, Illustration250 2014-12-16 12 Singapore SINGAPORE’S sovereign wealth fund GIC, through its affiliate, and Indian property developer Vatika Group have established two joint ventures for residential projects on Dwarka Expressway in the northern Indian city of Gurgaon, near New Delhi. The projects, called Sovereign Park250 words
-
Article, Illustration484 2014-12-16 13 Lee Meixian - indicative price is about S$680 million, which works out to S$1,125 per square foot per plot ratio By Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore PEACE Centre/Peace Mansion, a resi-dential-commercial mixed development along 1 Sophia Road in the prime District 9, has been put up484 words
-
756 2014-12-16 13 Lynette Khoo - It plans to do so next year, adding to its growing presence internationally By Lynette Khoo lynkhoo@sph.com.sg @LynetteKhooBT Singapore TO be in the right place at the right time underscores the reason behind Greenland Holding Group’s decision not to enter Singapore this756 words
-
-
Page 12 Advertisements
-
Advertisement460 2014-12-16 12 En Bloc Sale of Thong Sia Building 30 Bideford Road opp The Paragon Freehold 26-storey tower with naming rights Landmark location 150 m to Orchard Road Corner plot; Land: 21,602 sf GFA: 156,303 sf Suitable for refurbishment or redevelopment 62,520 sf Commercial great for retail/medical* 93,780 sf Residential ideal for460 words
-
Advertisement451 2014-12-16 12 PEACE CENTRE AND PEACE MANSION ICONIC MIXED-USE REDEVELOPMENT SITE IN DISTRICT 9 BUKIT TIMAH RD Little India ESI Interchange WHkie Edge SOPHIA RD y Rochor (U/C) LASALLE College Of The Arts Plaza Singapura 0 Bencoolen Lu (U/C) ThB m. Hole! Cathay co R enc j ezvous ORCHARD RD Singapore Art451 words
-
Advertisement19 2014-12-16 12 Show Off Your Prize Bull Call 1800 289 8822 or e-mail notices@sph.com.sg to place your New CEO Announcement Notices19 words
-
-
Page 13 Advertisements
-
Advertisement241 2014-12-16 13 PRINTING INNOVATION NOW ON A3 9 9 o 9 O o 2) 9 For every Samsung colour copier purchased, choose ONE of the following free gifts*: Samsung GALAXY Note 4 4G+ Samsung GALAXY S5 4G+ Samsung GALAXYTab S (10.5") LTE «V» Multi-task Effortlessly with Samsung Printing Solutions With every business241 words
-
Advertisement185 2014-12-16 13 MBFC TOWER 2 PSA BUILDING f SIX BATTERY RD 1 SUNTEC TOWER 3 1 THE METROPOLIS SINGAPORE’S FINEST SERVICED OFFICES Fully furnished prestigious offices Business registration offices available Dedicated receptionist answering your calls the way you would like Meeting rooms, bilingual secretaries Global IT infrastructure 5 days free at any185 words
-
-
BANKING & FINANCE
-
544 2014-12-16 14 latest transactions show that they seek controlling stakes as a way to expand their global footprint REUTERS Hong Kong CHINESE financial firms are targeting purchases of distressed banking assets coming on the market in Europe, having been urged by Beijing to expand their reachREUTERS - 544 words
-
840 2014-12-16 14 BLOOMBERG Paris IN a new building on the edge of Paris, Societe Generale SA moved 3,000 employees this year onto five trading floors each longer than a football field. The glass-faced edifice, roughly the size of the city’s Centre Pompidou, signals an increasing relianceBLOOMBERG - 840 words
-
282 2014-12-16 14 BLOOMBERG Melbourne WESFARMERS Ltd and Apollo Global Management LLC have made a joint bid for General Electric Co’s (GE) Australian consumer-finance arm, which may fetch as much as A$1.5 billion (S$ 1.62 billion), people with knowledge of the matter said.BLOOMBERG - 282 words
-
-
Page 14 Advertisements
-
Advertisement465 2014-12-16 14 I 10% on s I I 'A W I i II 1 ill n THE BUSINESS TIMES MAYBANK KIM ENG Invest Asia 2015 REGISTER for the seminar now at www.maybank-ke.com.sg What lies ahead for you, the investor, in 2015? Hear from our distinguished panel of speakers at this seminar as465 words
-
-
KAZAKHSTAN INDEPENDENCE DAY
-
Article, Illustration1160 2014-12-16 15 VINCENT WEE - Singapore and Kazakhstan enjoy growing ties in a range of economic fields, says Kazakhstan’s ambassador.BY ambassador.BY VINCENT WEE THE following is an interview with Yerlan Baudarbek-Kozhatayev, Ambassador of the Republic of Kazakhstan to the Republic of Singapore. Question: Singapore and Kazakhstan have enjoyed growing ties in trade,1,160 words
-
Article, Illustration435 2014-12-16 16 VINCENT WEE - Kazakhstan has plentiful resources with which to build a strong nation. BY VINCENT WEE THE independence day of any nation is one of its most significant holidays, and as Kazakhstan celebrates its 23rd anniversary of gaining independence on Dec 16, it is an occasion toREUTERS FILE PHOTO - 435 words
-
Article, Illustration1151 2014-12-16 16 Vincent Wee - By Vincent Wee THE Nurly Zhol policy put forward by Kazakhstan President Nursultan Nazarbayev in his latest state of the nation address is set to mark a major turning point in the development of the Central Asian republic. As Kazakhstan has been briefing itsFILE PHOTO - 1,151 words
-
661 2014-12-16 17 Vincent Wee - By Vincent Wee KAZAKHSTAN’S innovative G-Global platform has for the first time discussed developing a new paradigm focused on solving global challenges at its latest meeting in Kazakhstan. An international conference titled “A new paradigm of sustainable human development: G-Global A new form of global dialogue”661 words
-
Article, Illustration448 2014-12-16 17 Vincent Wee - By Vincent Wee FOOD Empire was one of the earliest Singapore companies to go into the Kazakhstan market and is now the leading brand in the coffee-mix industry there. Food Empire’s products are exported to over 60 countries, in markets as diverse as Russia, Ukraine,448 words
-
724 2014-12-16 17 VINCENT WEE - Expo 2017 will be in Astana and the 28th Winter Universiade in Almaty.BY Almaty.BY VINCENT WEE AS 2014 draws to a close, it brings Kazakhstan a year closer to two big events that are set to take place in the country in 2017.724 words
-
Article454 2014-12-16 18 VINCENT WEE - Kazakhstan gains support from the US to obtain membership in the global trade body. BY VINCENT WEE support body.BY VINCENT WEE KAZAKHSTAN'Sambitions to join the World Trade Organization (WTO) w ill g e t a boost as the US lends its support to its454 words
-
Article, Illustration443 2014-12-16 18 Vincent wee - By Vincent wee THE creation of the groundbreaking Eurasian Economic Union has primarily been driven by Kazakhstan, with President Nursultan Nazarbayev being the driving force behind the concept. Beginning in the early 1990s, after the collapse of the Soviet Union and in the443 words
-
-
Page 15 Advertisements
-
Advertisement194 2014-12-16 15 yv V l ■Sr y ■,jr, ft v. s! l> A Muaauoh yrtibin a/i! Bhiuzpau muaauoh! MacCotlee The ongi" V UN WKma« a u-wu, HHI IB food Zsnpim hs 1 DJ rujj Uuyi SGX mainboard-listed Food Empire Holdings (Food Empire) established its presence in Kazakhstan in 1993 and since then,194 words
-
-
Page 16 Advertisements
-
Advertisement161 2014-12-16 16 SHARE WITH US YOUR EFFORT IN ENERGISING THE WORLD TO SUPPORT EXPO 2017 CHOOSE GREEN NOT BLACK CHOOSE ACTION NOT APATHY CHOOSE LIFE NOT DESTRUCTION EXPO 2017 Future Energy Astana Kazakhstan Overconsumption excessive or unnecessary use of resources LACK Of COPPOPflTf PfSPOtlSIbILlIT > a c I ■n ft a. ft161 words
-
-
Page 17 Advertisements
-
Advertisement47 2014-12-16 17 CELEBRQTJPG THE SPIRIT OF YOUTH THQT TROnSCEnDS SPQCE ODD TimE V I 0 I ALMATy' In 2017, students all over the world will unite in sportsmanship at the 28th Winter Universiade in Astana, Kazakhstan. Almaty 2017 www.almaty201 /.com 28 ,w WINTER UNIVERSIADE i. x v. Js V47 words
-
-
Page 18 Advertisements
-
Advertisement139 2014-12-16 18 ASTANA ALMATY Seoul Beijing "TX Hong Kong Bangkok\* Ho Chi Minh Kuala Lumpur* Beijing Almaty 5 times a week Beijing Astana 2 times a week Kuala Lumpur Almaty 3 times a week Seoul Almaty jjs 3 times a week Bangkok Almaty jj 7 times a week Hong Kong Almaty Ho139 words
-
-
ENERGY & COMMODITIES
-
Article, Illustration818 2014-12-16 19 Many companies have announced layoffs and are cutting spending plans OIL ROUT REUTERS Los Angeles AFTER leading the US economic recovery out of recession, some of the nation’s top oil states are showing early signs of a slowdown as a result ofREUTERS; PHOTO: REUTERS - 818 words
-
620 2014-12-16 19 BLOOMBERG New York SPECULATORS added to wagers that the slump in oil futures, the worst since the global recession, is ending. Prices kept falling anyway. Money managers raised their netlong position in US crude to the highest in two monthsBLOOMBERG - 620 words
-
-
Page 19 Advertisements
-
Advertisement1396 2014-12-16 19 VALLIANZ HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Company Registration Number: *****6945E) NOTICE OF EXTRAORDINARY GENERAL MEETING Unless otherwise defined or the context otherwise requires, all capitalised terms herein shall bear the same meaning as used in the circular dated 16 December 2014 issued by the Company (the “Circular”).1,396 words
-
-
TECHNOLOGY
-
Article, Illustration1192 2014-12-16 20 Some company execs express resentment at public silence and lack of support from other studio chiefs NYT Los Angeles SONY Pictures Entertainment warned media outlets on Sunday against using the mountains of corporate data revealed by hackers who raided the studio’sNYT; PHOTOS: AFP, REUTERS - 1,192 words
-
660 2014-12-16 20 Actress in anti-Islam clip wins case, citing death threats BLOOMBERG Los Angeles AN actress who said that she got death threats over a performance used in an anti-Islam YouTube clip has made enemies of Google Inc and Hollywood, which sayBLOOMBERG - 660 words
-
709 2014-12-16 20 NYT New York BIG data is increasingly moving into the mainstream, as companies in every industry begin to combine an abundance of digital data with smart software to analyse it. it is a potential gold mine for software-makers, with analystsNYT - 709 words
-
-
Page 20 Advertisements
-
Advertisement84 2014-12-16 20 ATTENTION!ALLSHIPPING MARITIME BUSINESSES EXPOSURE GETENHANCED&AFFORDABLE BOTHINPRINTANDONLINE TOSELLYOURPRODUCTS&SERVICES 6cm PACKAGE A ONCE AWEEK PRINTAD ONLINE AD (3 months) 6cm x 2 col (7.9cm) Full Color just $202 per ad 6cm 2col (7.9cm) PACKAGE B TWICE AWEEK PRINTAD ONLINE AD (6 months) 6cm x 2 col (7.9cm) Full Color just $138 per84 words
-
-
CONSUMER
-
458 2014-12-16 21 BLOOMBERG London TOP Bordeaux growers need to price 2014 wines so they’re cheaper than mature vintages to revive demand, according to Simon Berry, chairman of London merchant Berry Bros Rudd. Vintners set prices for wines such as the 2013 vintage tooBLOOMBERG - 458 words
-
480 2014-12-16 21 The Week turns its subscribers into advocates NYT New York WHILE many people treat the holidays as the perfect time to give the latest iPhone or video game, some gift givers are opting for a more traditional present this year: a subscriptionNYT - 480 words
-
516 2014-12-16 21 Russia turns to the S American country to replace imports from Norway but rouble’s slump depresses demand BLOOMBERG Tokyo WHAT does President Vladimir Putin have to do with the price of fish? At least when it comes to salmon, quite a lot.BLOOMBERG - 516 words
-
Article, Illustration619 2014-12-16 21 PetSmart okays US$8.7b buyout following pressure from two hedge funds NYT New York THE biggest private equity deal of 2014 in a year of huge takeovers of cable providers and drug manufacturers is a bet on the lucrativeness ofNYT; PHOTO: NYT - 619 words
-
-
Page 21 Advertisements
-
Advertisement18 2014-12-16 21 www.omy.sg m H’ Buzz Talk eg) as :p news.omy.sg Download omy Apps omy News iOS AppStore Google Play18 words
-
Advertisement806 2014-12-16 21 The Business Times NOTICES REQUEST FOR INFORMATION FOR:SUNE HOLDINGS PTE. LTD. Company Registration No. *****3620R (the "Company") A REQUEST IS HEREBY MADE that any person, firm or corporation who has done or is doing business with the Company, step forward and contact the undersigned for the following purposes: 1. To806 words
-
-
GOVERNMENT & ECONOMY
-
Article, Illustration1167 2014-12-16 22 Pick-up appears to indicate that the world economy is on the mend and primed for potentially faster growth BLOOMBERG Washington BANK of Japan governor Haruhiko Kuroda is finally getting a pay raise and so, too, are a growing number of workers throughoutBLOOMBERG; PHOTO: BLOOMBERG - 1,167 words
-
Article, Illustration802 2014-12-16 22 BLOOMBERG Beijing WITH the stroke of a pen, China may meet its 2014 economic growth target after all. China’s statistics bureau is predicted to announce the results of its third national economic census this month after aBLOOMBERG; PHOTO: BLOOMBERG - 802 words
-
442 2014-12-16 22 REUTERS Sydney AUSTRALIA’S government expects its budget deficit to balloon to A$40.4 billion (S$43.7 billion) in the year to June as falling prices for key resource exports and sluggish wage growth blew a gaping hole in tax revenues. Releasing his mid-year budget outlookREUTERS - 442 words
-
211 2014-12-16 22 REUTERS Shanghai CHINA’S yuan will not fluctuate sharply despite the recent volatility of other emerging market currencies, including the Russian rouble, the central bank’s chief economist, Ma Jun, was quoted as saying on Monday. “Even though there is someREUTERS - 211 words
-
265 2014-12-16 22 BLOOMBERG Mumbai INDIAN wholesale prices unexpectedly stagnated last month, adding pressure on central bank governor Raghuram Rajan to cut interest rates. The wholesale-price index in November didn’t advance for the first time since July 2009, when it fell 0.31 per cent.BLOOMBERG - 265 words
-
Article, Illustration698 2014-12-16 23 Two dead, three seriously injured in early Tuesday morning dramatic rescue BLOOMBERG REUTERS Sydney POLICE have confirmed that the Sydney cafe siege is over, after storming the premises early on Tuesday morning. Australian broadcaster ABC said that two people died, while another threeBLOOMBERG; REUTERS; PHOTO: AFP - 698 words
-
494 2014-12-16 23 AFP Taipei ANTI-BEIJING protesters chanted slogans outside a high-level business meeting in Taiwan on Monday where the founder of China’s e-commerce giant Alibaba called on the island’s youth to start businesses on the mainland. Trade with China is a particularlyAFP - 494 words
-
420 2014-12-16 23 AFP Brussels THE European Union said on Monday that its sole aim for Greece is to keep the twice bailed-out country firmly in the eurozone, as Athens battles hostile financial markets spooked by the possibility of early elections. “The only option thatAFP - 420 words
-
573 2014-12-16 23 Jeffrey Hutton - His party in talks with Democrats to ensure passage of bill next month By Jeffrey Hutton btworld@sph.com.sg Jakarta A PLANNED vote in Indonesia’s parliament to re-establish direct elections of regional heads next month is shaping up as a potential stepping stone573 words
-
-
Page 23 Advertisements
-
Advertisement94 2014-12-16 23 URBANATHLON 2015 TEST YOUR STRENGTH. CHALLENGE YOUR SPIRIT. 14KM ROUTE, 9 URBAN OBSTACLES SIGN UP NOW! LIMITED SPACES LEFT, SO HURRY! MARCH 1, 2015 7AM KALLANG PRACTICE TRACK ARE YOU A CUB OR A LION? PROVE YOUR METTLE IN SINGAPORE’S TOUGHEST RACE THAT HAS NEW OBSTACLES, OLD FAVOURITES AND A94 words
-
-
TRANSPORT
-
448 2014-12-16 24 Jacquelyn Cheok - Local taxi operators may enjoy subsidies of up to 90% in course fees; drivers to get absentee payroll of S$7.50 per hour By Jacquelyn Cheok jaccheok@sph.com.sg @JacCheokBT Singapore A NEW S$2.52 million training programme to upskill some 4,000 taxi drivers448 words
-
Article, Illustration879 2014-12-16 24 AFP Kuala Lumpur IF YOU weren’t already nervous about flying, that may have changed in 2014, a year that stirred our deepest fears about modern jet travel despite shaping up as one of the safest in aviation history. TheAFP; PHOTO: REUTERS - 879 words
-
231 2014-12-16 24 AFP Kuala Lumpur MALAYSIA Airlines suspended its shares from the country’s stock exchange on Monday under a government rescue plan for the flag carrier which is fighting for survival after losing two planes this year. The airline, whose already loss-making operations took a further beating afterAFP - 231 words
-
579 2014-12-16 24 REUTERS Geneva AIRLINES need cooperation from governments to address security threats raised by aviation disasters this year, but would like to see a quicker relaxation of economic controls, Tony Tyler, head of the International Air Transport Association (Iata), said.REUTERS - 579 words
-
483 2014-12-16 24 REUTERS AFP Sydney ONLINE car service Uber on Monday offered free rides from Sydney’s central business district following a public backlash over an initial surge in prices amid a hostage drama in a city cafe. Fares on theREUTERS; AFP - 483 words
-
-
Page 24 Advertisements
-
Advertisement15 2014-12-16 24 BanksinChina lure depositors with iPhone6 and MercedesBenz To subscribe, call 6388-3838 or go to sphsubscription.com.sg15 words
-
-
Article986 2014-12-16 25 Vessel Voy Sin Pusan Tarawa Honiara Santo Port Vila Noumea Lautoka Suva Nukualofa Apia Pago Pago Papeete Lae P. Moresby Townsville Hyundai Progress 296E 17 Dec 09 Jan 25 Jan 02 Feb 03 Feb 04 Feb 09 Feb 10 Feb 13 Feb 23 Feb 17 Feb Hyundai Progress986 words
-
Page 25 Advertisements
-
Advertisement222 2014-12-16 25 USE THIS SPACE TO SELL CALL JOE WONG AT *****327 TO ADVERTISE THE BUSINESS TIMES Shipping times Experienced ship maintenance services wanted. Can they find your services here in the Shipping Times? THE BUSINESS TIMES TO ADVERTISE, CALL JOE WONG AT 9620 1327 a Publicise Your Delivery Of Newbuilds v222 words
-
-
OPINION
-
580 2014-12-16 26 Abenomics gets benefit of the doubt and a second wind EDITORIAL JAPAN’S general election over the weekend produced few surprises. Prime Minister Shinzo Abe was returned to office and has succeeded in retaining his coalition’s two-thirds majority in the lower house of the Japanese parliament. He is now set to580 words
-
853 2014-12-16 26 Yogi Aggarwal - TT THE BOTTOM LINE By Yogi Aggarwal Bombay WHEN Russian President Vladimir Putin came for the 15th Annual In-dia-Russia Summit last week, the beleaguered former superpower hoped to gain more than it offered. Though Russia had an impressive list of benefits853 words
-
Article, Illustration1404 2014-12-16 26 HARSH V PANT - The two regional giants are expected to play a major role as Western forces withdraw from Afghanistan. BY HARSH V PANT Afghanistan.BY HARSH V PANT T The writer is professor of international relations at King’s College, London, and the author of India’s Afghan Muddle (HarperCollins);PHOTO: REUTERS - 1,404 words
-
950 2014-12-16 27 Andrew Hammond - TT COMMENTARY By Andrew Hammond T The writer is an associate at LSE IDEAS at the London School of Economics, and was formerly a UK Government Special Adviser THE annual United Nations climate summit of 194 nations, scheduled to conclude950 words
-
640 2014-12-16 27 Kang Wai Geat, Fua Qiu Lin - By Kang Wai Geat, Fua Qiu Lin T The writers are, respectively, deputy head of technical standards development advisory and manager of technical standards development advisory at the Singapore institute of Chartered Accountants FOR the past 10 years, Mr Tan’s company had been640 words
-
293 2014-12-16 27 Lee Kian Leong - TT LETTER TO THE EDITOR Lee Kian Leong I CANNOT agree more with Waleed A Hanafi’s comments in his letter “SGX website suffers from information gaps” (BT, Dec 11) and Cai Haoxiang’s article “SGX fixing revamped website after complaints” (BT,293 words
-
Article, Illustration981 2014-12-16 27 JOHN WEST, STEPHAN RICHTER - Diversity is the very essence of Asia but it has not stopped Asian countries from working together for prosperity and peace. prosperity BY JOHN WEST, STEPHAN RICHTER T This article is sourced from The Globalist, a web portal that focuses on international affairs (www.theglobalist.com); the writersPHOTO: AFP - 981 words
-
-
LIFE & CULTURE
-
Article, Illustration704 2014-12-16 28 Tay Suan Chiang - The retail arm of the National Heritage Board has launched a series of lifestyle products in distinctive designs created by 40 Singaporeans By Tay Suan Chiang taysc@sph.com.sg @TaySuanChiangBT WHAT do a T-shirt, a timepiece, a bag, a plush toy, a charm, a vase, aPHOTOS: JOSEPH NAIR - 704 words
-
487 2014-12-16 28 WP Washington THEY chose a pretty piece for last. Photographer John Tsantes had placed the Seated Princess an opaque watercolour and gold painting that is part of the famed Islamic collection of the Freer Gallery of Art and the Arthur M Sackler Gallery on his tableWP - 487 words
-
-
Page 28 Advertisements
-
Advertisement91 2014-12-16 28 o ■a CM m^anmar Incorporating: Myanmar o retail sf Urban and City Planning Conference 2CM5 Real Estate Show Myanmar 2015 29 June -1 July 2015 Yangon, Myanmar I Your gateway to trends and investment opportunities in Myanmar's real estate Contact Jason at +65 6848 6051 or email jason@sphereconferences.com to find91 words
-
Advertisement50 2014-12-16 28 HOT PROPERTY CHINATOWN MRT, 700 sqft, 2 units, reno, prime site for architects engrg biz. $2800 BENCOOLEN OFFICE TWR 603sf f/furn, carpark avail. 2-rms, 4 workstations. Owner 1350SF AIRCON OFFICE Jln Pemimpin. Marymount-Bishan MRT. OFFICE SPACES FOR RENT Check this and many other properties in The Straits Times Classified now!50 words
-
-
Page 28 Miscellaneous
-
Miscellaneous333 2014-12-16 28 CRYPTIC CROSSWORD Across 1 Nice gaff wants one, having no accommodation? (3,3) 5 Emperor’s East European origins initially concealed by grandma (8) 9 Female executive I should be employed by daily (10) 10 Clever suggestion saving time (4) 11 Course for important horse races (8) 12 Dressed trees round area333 words
-
-
SME
-
Article, Illustration1233 2014-12-16 29 MINDY TAN - Ernestine Fu, youngest venture capitalist in Silicon Valley, shares secrets of her success and how startups in Asia can replicate it. BY MINDY TAN tanmindy@sph.com.sg @MindyTanBT “YOU must be earnest,” quips the young venture capitalist (VC) at Alsop Louie Partners in Silicon Valley, in responsePHOTO: DBS BANK - 1,233 words
-
Article, Illustration1081 2014-12-16 29 Siriwan Chutikamoltham - TTTHE VIEW FROM NTU PROFESSORS By Siriwan Chutikamoltham T The writer is senior lecturer and director of banking and finance at Nanyang Business School, Nanyang Technological university. This is an edited version of an article in The Straits Times on Nov 25, 2014 IN recent1,081 words
-
-
Page 29 Advertisements
-
Advertisement69 2014-12-16 29 Regus w Wk 15 prestigious business addresses across Singapore Quick and easy to set up Flexible terms to suit all businesses Personalised call answering in your company name Unlimited access to business lounges and cafes Singapore Orchard Tampines Junction Place" 9300 ?-V° Sunlec City anjonq Pagar Marina Bay Call us69 words
-
-
Page 30 Advertisements
-
Advertisement288 2014-12-16 30 There are more ways to read The Straits Times L Read it on Print, Online, Tablet or Smartphone wherever you are at any angle. HOLD TILT STAND HANG Subscribe* now to The Straits Times All-in-One PLUS package for 36 months and receive the Lenovo® Yoga Tablet 2 (8") WiFi (UP.288 words
-