The Business Times, 17 April 2015

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

Total Pages: 32
1 32 The Business Times
  • 24 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 Friday, April 17,2015
    24 words
  • DAILY DIGEST
    • 30 1 on the boards of Singapore’s listed companies grew slightly in 2014 but remained below levels at many other major markets, according to a new report. TOP STORIES 2
      30 words
    • 42 1 from mainland China has jolted Hong Kong’s stock market from the doldrums, but the volatility of such flows, driven by an unfamiliar breed of investor, presents new risks to the stability of the city’s economy and currency. TOP STORIES 4
      42 words
    • 42 1 between Indonesia’s Widjaja family and financier Nathaniel Rothschild over Asia Resource Minerals is playing out with Singapore’s United Fiber System waiting in the wings for an outcome that could turn it into a major coal miner. COMPANIES MARKETS 6
      42 words
    • 32 1 will shift the focus for its offshore business to areas beyond drilling as rig orders dry up, it said after posting a solid set of first-quarter results. COMPANIES MARKETS 8
      32 words
    • 31 1 is pouring a bigger share of its cash into Africa in a bid to capture some of the fastest growth in the global economy. BANKING FINANCE 12
      31 words
    • 31 1 Development Group is planning a mixeddevelopment marina and an international-standard golf course on some 470 acres of land in Batu Kawan on the Penang mainland. REAL ESTATE /17
      31 words
    • 30 1 expect a trade slowdown to last at least six months as production costs climb and European demand weakens, according to a Reuters survey.GOVERNMENT ECONOMY/20
      30 words
  • 805 1  -  Car dealers see slide in Cat A and B premiums, but expect order backlog and deadline for tighter emissions to mitigate fall By Samuel Ee samuelee@sph.com.sg Singapore THE certificate of entitlement (COE) bonanza continues, with a whopping 41.1 per cent more
    805 words
  • 830 1  -  By Jacquelyn Cheok jaccheok@sph.com.sg @JacCheokBT Singapore CROWDLENDING, otherwise known as peer-to-peer lending or debt crowdfunding, is increasingly a viable source of alternative financing for SMEs and startups here, what with the launch of new crowdlending platform Capital Match this week, just five months
    830 words
  • 27 1 Thursday Change STI 3,531.61 (-8.34) KL COMP 1,847.94 (+7.81) NIKKEI 225 19,885.77 (+16.01) HANG SENG 27,739.71 (+120.89) SHENZHEN B 1,344.51 (+25.26) DOW (noon EDT) 18,091.75 (-20.86)
    27 words
  • Page 1 Advertisements
    • 128 1 Hill 8 '*****1 *****4 ONLINE ONLY Read Boardroom Matters, a series of articles from the Singapore institute of Directors, on BTInvest every Friday btd.sg/BMatters RECORD STORE DAY indie stores pitch in to make the event a resounding success BT LIFESTYLE 27 GOING BIG ON INDIE HOTELS Starwood launches independent hotel
      128 words

  • TOP STORIES
    • Article, Illustration
      226 2  -  They are women, hear them roar, until their numbers are too big to ignore. Women slowly but surely continued to grow their presence on the boards of Singapore’s listed companies in 2014, but their representation at the table remains a sliver, according to a study by the
      Sources: Diversity Action Committee, Diversity Task Force regarding Women on Boards and Handshakes BT graphics: Simon Ang  -  226 words
    • 580 2  -  Number of women directors rose 10% in 2014, but their share of listed board seats up just half point to 8.8% By Kenneth Lim kenlim@sph.com.sg @KennethLimBT Singapore FEMALE representation on the boards of Singapore’s listed companies grew slightly in 2014 but remained
      580 words
    • 958 4  -  FireEye report exposes China-linked group which has been mounting cyber attacks for a decade in South-east Asia and India By Amit Roy Choudhury amit@sph.com.sg @AmitRoyCBT Singapore Singapore AS Singapore’s apex cyber security watchdog Cyber Security Agency
      PHOTO: FIREEYE  -  958 words
    • 647 4 REUTERS Shanghai SURGING investment from mainland China has jolted Hong Kong’s stock market from the doldrums, but the volatility of such flows, driven by an unfamiliar breed of investor, presents new risks to the stability of the city’s economy
      REUTERS  -  647 words
    • 678 5  -  SMEs to get more support in push for productivity and adoption of technology By Fiona Lam fionalam@sph.com.sg Singapore TO improve productivity and encourage more small and medium-sized enterprises (SMEs) to adopt technologies, the Agency for Science, Technology and Research
      PHOTO: A*STAR  -  678 words
    • 394 5  -  By Jacquelyn Cheok jaccheok@sph.com.sg @JacCheokBT Singapore THE cause of building the spirit of enterprise just got a fillip. The Action Community for Entrepreneurship (ACE) is partnering the National University of Singapore (NUS) Business School to launch research on issues facing
      394 words
  • Page 2 Advertisements
    • 35 2 CONTRIBUTIONSINVALUABLESPIRITANDPIONEERINGYOUR TO SINGAPORE DESERVE OUR APPLAUSE Congratulations toMr Lim Tiam Seng on being awarded the distinguished SG50 Outstanding Chinese Business Pioneers Award RENDERTEC MARKETING PTE LTD 69 Sungei Kadut Drive, #03A Tel: *****454 Fax *****454
      35 words


  • Page 4 Advertisements
    • 304 4 r i r Leisure Farm m *4 >* F *y> i* ,'H 4 If ■tF r 4* ’•t 1 h *>> ■VS 7 i > V *J» V 97 V V ■v.-' I” i* V ffi* fLeisure Farm is one of Iskandar Malaysia's most prestigious gated developments and has garnered
      304 words

  • Page 5 Advertisements
    • 128 5 Porsche recommends Mobil For more information, please visit www.porsche.com.sg GTS. Three letters. Two worlds. One passion. The new 911 Carrera GTS. The new Cayenne GTS. To reserve your test drive, please visit Porsche Centre Singapore at 29 Leng Kee Road or call us at 6472 4433. 911 Carrera GTS fuel
      128 words

  • COMPANIES & MARKETS
    • 670 6  -  It plans to acquire a firm that is in the takeover battle for London-listed Asia Resource Minerals By Anita Gabriel anitag@sph.com.sg @AnitaGabrielBT Singapore A RIVETING takeover battle for London-listed Indonesian coal mine Asia Resource Minerals (ARMS) between bigwig billionaire shareholders Indonesia’s Widjaja family
      670 words
    • 994 6 Institutional investors are eyeing real estate developers that may be taken private BLOOMBERG Singapore HERE’S a good reason to own Singapore property shares: you might not have to own them for long. Investors from ABN Amro Private Banking to Baring Asset Management Ltd are
      BLOOMBERG  -  994 words
    • 304 6  -  HOT STOCKS By Jamie Lee leejamie@sph.com.sg @JamieLeeBT Singapore SHARES of SMRT Corporation surged on Thursday after the train operator suggested it may expand into the telecommunications business by partnering a contender for Singapore’s fourth wireless telecommunications carrier licence. SMRT on Wednesday said it may invest
      Source: Bloomberg  -  304 words
    • 260 6 Singapore NTEGRATOR International was the most hotly traded stock on the Singapore Exchange (SGX) on Thursday, with more than 121.4 million shares changing hands. The regional communications network specialist and systems integrator saw its counter jump 18.52 per cent (0.5 Singapore cent) to close at 3.2
      Source: Bloomberg  -  260 words
    • 544 8  -  Group shifting focus of offshore business to areas beyond drilling rigs By Melissa Tan melissat@sph.com.sg @MelissaTanBT Singapore CONGLOMERATE Keppel Corp will shift the focus for its offshore business to areas beyond drilling as rig orders dry up, it said on Thursday after
      FILE PHOTO  -  544 words
    • 814 8  -  HOCK LOCK SIEW BY R SIVANITHY sivan@sph.com.sg @RSivanithyBT THE Keppel Corp takeover of Keppel Land was a fascinating and instructive study for minority shareholders, the offerors and perhaps even institutions. Now that the deal has been completed, it might be useful to revisit the salient
      814 words
    • 307 9  -  Its revenue inches up 0.3% to S$20.8m from S$20.7m By Mindy Tan tanmindy@sph.com.sg @MindyTanBT Singapore INTEGRATED ornamental fish service provider Qian Hu Corporation posted a net profit of S$112,000 for the first quarter of FY2015, down 2.6 per cent compared with S$
      307 words
    • CORPORATE DIGEST
      • 83 9 EZRA Holdings has won US$55 million worth of new contracts through its subsea services division. Scope of work includes project support, inspection, maintenance and repair, subsea removal work of pipelines and structures, installation of buoys and lifting of structures and mattresses, as well as a pre-FEED (front-end engineering
        83 words
      • 73 9 SEMBCORP Industries has completed the sale of all of Sembcorp Bournemouth water Investment that translated into cash proceeds of £104.5 million (S$214 million). The sale of the unit which mainly operates a regulated municipal water business based in Bournemouth, UK to Pennon Group was transacted through its UK
        73 words
      • 56 9 SYSMA Holdings said in a statement on Wednesday that two directors of its joint venture (JV) partner, who are also directors of its JV company, are currently assisting the Corrupt Practices Investigation Bureau in its investigations. The JV company is 51 per cent held by Sysma and 49
        56 words
      • 60 9 REX International’s jointly-controlled entity, Lime Petroleum Norway, has signed a deal with Lundin Norway to acquire a 30 per cent stake in licence PL544 in the Norwegian North Sea. Following the transaction, the partners in the licence will be Lundin (operator) at 40 per cent, Lime Norway at
        60 words
      • 84 9 SATS’s Singapore Food Industries has entered a joint venture agreement with brf GmbH to set up a company in Singapore to process meat and manufacture branded food products for distribution to retailers, restaurants, wholesalers, distributors and ship chandlers. To be named SATS BRF Food, the company will have an
        84 words
    • 236 9 Singapore THE Ascott Limited, CapitaLand’s serviced residence arm, entered into an exclusive partnership with Samsung Asia, a unit of Samsung Electronics, earlier this month to jointly develop Internet of Things-ready smart solutions for its properties. This makes Ascott the first global serviced residence
      236 words
    • 441 9  -  These will be Keong Hong’s first in the Maldives; JV to also develop an airport there B y Prisca Ang prisang@sph.com.sg Singapore THE joint-venture company of construction group Keong Hong has appointed French hotel group Accor to run its first two hotel properties
      441 words
    • Article, Illustration
      63 10 STI Catalist Straits Times Index April 16,2015 3,531.61 -8.34 (-0.24%) Current streak 1 day Day high 3,549.85 Day low 3,523.71 52-week high 3,539.95 (Apr 15, 2015) 52-week low 3,154.21 (Oct 16, 2014) FTSE ST Catalist index April 16,2015 771.24 +7.39 (+0.97%) Current streak 1 day Day high 772.17 Day low
      63 words
    • 624 10  -  Penny stocks continue to be in full play; property counters mixed despite strong sales data in March STOCKS By R Sivanithy sivan@sph.com.sg @RSivanithyBT HAVING already risen about 80 points in the previous four trading sessions, the Straits Times Index on Thursday
      Source: Bloomberg  -  624 words
    • 320 10 Stock name Close Change Day high/low 52w high 52w low PE Div yield Mcap Ascendas Reit 264 -4 268/264 269 219 5.4 6674.8 CapitaLand 370 cd +2 370/365 371 293 13.6 2.4 *****.2 CapitaMall Trust 222 -5 227/222 228 188.5 4.9 7701.2 CityDev 1073 cd -10 1090/1068 1118
      320 words
    • 37 10 VOLUME Ntegrator Intl 121,428,900 SinoConstruction 115,061,500 SIIC Environment 108,316,900 Healthway Med 108,019,200 Federal Int 78,677,000 Market volume 2,937,753,000 VALUE Singtel 133,710,758 DBS Grp 72,629,287 UOB 67,168,957 Keppel Corp 61,139,504 HongkongLand USD 57,979,600 Market value 1,493,776,000
      37 words
    • 108 10 Fund Last sale +/-(‘000) Day high/low 52w high/low Buy/Sell Mcap UETF SSE50China 305 +13 512 306/290 306/140 302/305 95.3 DBXT S&P500 US$ US3546 100 -/-3626/3074 3553/3564 10.6 GLD US$ US***** +146 75 *****/***** *****/***** *****/***** 59.9 STI ETF 354 +1 73 355/352 355/319 353/354 DBXT MSBANGL
      108 words
    • 77 10 Apr 16 VALUE CLOSE BT OB/OS 820.00 +93.00 BT CADI -*****.00 +54.00 BT 10-day MA -*****.00 +82.00 FTSE ST Mid Cap 807.53 +4.30 FTSE ST Small Cap 504.78 +2.94 FTSE ST All Share 847.43 -0.55 FTSE ST China Top 209.18 +2.45 FTSE ST China 243.40 +0.80 FTSE
      77 words
    • 35 10 STI FTSE ST All-Share ftse ST All-Share index April 16,2015 847.43 -0.55 (-0.06%) Current streak 1 day Day high 850.43 Day low 846.08 52-week high 847.98 (Apr 15, 2015) 52-week low 762.71 (Oct 16, 2014)
      35 words
    • 33 10 STI MSCI EAFE MSCI EAFE Index April 15,2015 1,904.40 -5.09 (-0.27%) Current streak 1 day Day high 1,912.81 Day low 1,897.85 52-week high 1,995.49 (July 3, 2014) 52-week low 1,697.01 (Jan 7, 2015)
      33 words
    • 186 10 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 7 5 4 0 0 0 7 5 4 Manufacturing 61 48 36 13 8 7 74 56 43 Commerce 23 24 18 6 6 2 29 30 20 Tpt/Stor/Comms 19 11 11
      186 words
    • 123 10 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 33,468 33,468 111,887 111,887 Manufacturing 347,492 109,265 456,757 159,879 7,774 167,654 Commerce 174,853 89,990 264,843 74,945 2,554 77,498 Tpt/Stor/Comms 281,290 1,342 282,632 341,767 133 341,900 Finance 43,722 567 44,289 235,014 162 235,176 Construction 137,222 49,842
      123 words
    • 78 10 BY CENTS CLOSE UP 52w high/low GLD US$ ***** 197.8 1.3 *****/***** DBXT ASX200 US$ 3908 151.7 3.0 4403/3530 DBXT China50 US$ 4157 111.1 2.0 4164/2699 SPDR S&P500 US$ ***** 105.7 0.4 *****/***** Lyxor ChinaH US$ 2025 65.0 2.4 2040/1280 BY PERCENTAGE CLOSE UP 52w high/low TIH W*****9 0.3
      78 words
    • 76 10 BY CENTS CLOSE DOWN 52w high/low DBXT MSAsExJp US$ 3985 -107.0 -1.9 4064/3048 DBXT MSEurope US$ 6082 -44.7 -0.5 6492/5366 IS ASIA HYG US$ 1052 -31.2 -2.1 1119/1013 Jardine C&C 4260 -25.0 -0.6 4901/3850 IS ASIA HYG S$D 1453 -24.0 -1.6 1477/1343 BY PERCENTAGE CLOSE DOWN 52w high/low OLS
      76 words
    • 83 10 VOL CLOSE($) CHANGE Informatics 28,055.6 0.060 +0.014 +30.44 Ntegrator Intl 121,428.9 0.032 +0.005 +18.52 Jubilee Ind 23,364.0 0.062 +0.007 +12.73 Jackspeed 3,924.6 0.099 +0.014 +16.47 Craft Print 112.2 0.065 -0.035 -35.00 EMS Energy 52,875.9 0.028 +0.005 +21.74 SMJ Intl 227.0 0.182 +0.011 +6.43 Healthway Med 108,019.2 0.049 +0.007
      83 words
    • BROKERS’ TAKE
      • 184 10 DBS Group Research, April 16 March 2015 private home sales rebounded 55 per cent over February 2015 to 613 units, excluding executive condominiums (ECs), and sales are largely attributable to upbeat performance at two recently launched large-scale projects Kingsford Waterbay at Serangoon View at a median price of
        184 words
      • 114 10 Hold April 16 close: S$0.955 Target price: S$1.03 OCBC Investment Research, April 16 Hyflux is likely to see more upside ahead after initiating strong rebound off its four-month uptrend support, 50-day Simple Moving Average and S$0.89 horizontal support on heavy trading volume on Wednesday; its 10-month downtrend resistance
        114 words
      • 154 10  -  Compiled by Claire Huang Buy April 16 close: S$0.795 Target price: S$0.91 UOB Kay Hian, April 16 We maintain a technical “buy”, with a revised target price of S$0.91 (previously S$0.85), placing trailing stops at S$0.77. The stock has broken out of a bull flag lookalike formation and
        154 words
    • 422 11 CURRENCIES BLOOMBERG Tokyo AUSTRALIA’S dollar headed for its strongest three-day winning streak since 2013 as surging jobs growth prompted traders to pare bets that the central bank will cut interest rates. The Aussie advanced against all of its 16 major peers, gaining
      BLOOMBERG  -  422 words
    • FOREX RATES
      • 471 11 Apr 16 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.955 4.799 0.728 6.005 48.313 99.555 0.925 8.436 2.835 1.020 78.722 34.422 1.050 9.333 0.751 24.144 25.110 0.522 0.775 Canada 1.047 5.027
        471 words
      • Article, Illustration
        2 11
        2 words
      • 2 11
        2 words
      • Article, Illustration
        1 11
        1 words
      • Article, Illustration
        2 11
        2 words
      • 155 11 Apr 16 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.0493 1.0507 0.7745 0.7750 Canadian dollar 1.0991 1.1004 0.8116 0.8113 Euro 1.4408 1.4422 1.0635 1.0637 NZ dollar 1.0283 1.0299 0.7590 0.7596 Sterling pound 2.0086 2.0108 1.4826 1.4831
        155 words
      • 22 11 Apr 16 S$ Bid Offer 1-month 1.3552 1.3565 2-months 1.3557 1.3571 3-months 1.3562 1.3575 6-months 1.3579 1.3591 Source: OCBC
        22 words
    • EQUITY BONDS WARRANTS FUTURES
      • 398 11 Apr 16 OPEN HIGH LOW SETT VOL OP/INT FTSE CHINA A50 INDEX FUTURES SPOT *****.45 *****.82 *****.57 Apr15 *****.00 *****.50 *****.00 *****.00 *****2 *****1 May15 *****.00 *****.50 *****.50 *****.50 ***** ***** NIKKEI 225 INDEX FUTURES SPOT *****.48 *****.35 *****.12 Jun15 *****.00 *****.00 *****.00 *****.00 ***** *****4 Sep15
        398 words
      • 214 11 Apr 16 Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Rowsley Ltd W*****3 4.1 0.7 ***** 1 18 18 Top Global Ltd W*****9 0.2 0.1 ***** NOL MB eCW*****1 9.4 0.4 ***** 0.4 100 10 Asiatic Grp(Hldgs)
        214 words
      • 373 11 In local curr In S$ In US$ dy yr dy yr dy yr Apr 15 Index Change Change Change Change Change Change World Preliminary 1364.9 0.3 7.0 0.3 7.1 0.2 4.3 EAFE Preliminary 1124.2 0.1 13.9 -0.1 10.2 -0.3 7.3 Europe Preliminary 1591.4 0.3 15.2
        373 words
    • BANK RATES
      • 154 11 Apr 16 $S Offer Bid 0vernight 0.04 0.02 1-month 0.75 0.625 2-months 0.8125 0.6875 3-months 0.875 0.75 Overnight mode: 0.125 US$ Offer Bid 7 days 0.17 0.07 1 month 0.23 0.13 2 months 0.28 0.18 3 months 0.40 0.20 6 months 0.60 0.40 9 months 0.70 0.50 12
        154 words
      • 36 11 Apr 16 1 mth 1 mth 0.***** 2 mths 3 mths 0.***** 6 mths 1.***** 9 mths 12 mths 1.***** SWAP Offer rates 1 mth 0.***** 3 mths 0.***** 6 mths 0.***** Source: Thomson Reuters
        36 words
      • 69 11 Apr 16 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0Z 2.375 01-Apr-17 102.89 103.20 102.92 5-Year N*****0H 1.625 01-Oct-19 100.72 100.91 100.70 10-Year NY*****H 3.000 01-Sep-24 107.55 108.25 107.50 15-Year NY*****E 2.875 01-Jul-29 105.67 106.30 105.80 20-Year NZ*****V 3.375 01-Sep-33 111.27
        69 words
    • AGRI METALS ENERGY
      • 249 11 Apr-15 Price Net change change Last Trade Agricultural Apr-15 CBOT Soybeans (US cents/bu) 965.00 4.75 0.49% 14/05/2015 CBOT Soybean Oil (US cents/lb) 31.80 0.50 1.60% 14/05/2015 CBOT Wheat (US cents/bu) 490.75 -6.25 -1.26% 14/05/2014 Apr-15 LIFFE Cocoa (£/tonne) 1945.00 -22.00 -1.12% 13/05/2015 LIFFE Coffee (US$/tonne) 1794.00 1.00 0.06%
        249 words
  • Page 6 Advertisements
    • 1003 6 Keppel Corporation Limited Co Reg No: *****0351N (Incorporated in the Republic of Singapore) First Quarter 2015 Financial Statement 1. UNAUDITED RESULTS FOR THE FIRST QUARTER ENDED 31 MARCH 2015 The Directors of Keppel Corporation Limited advise the following unaudited results of the Group for the first quarter ended 31 March
      1,003 words


  • Page 8 Advertisements
    • 106 8 *7W MAS E RATI PERFORMANCE' ’A Tl* A N ELEGANT *£rV v w Vf SV C 1TW r Introducing the all-new Maserati Quattroporte range starting from the new 330 horsepower petrol Maserati engine Embodying all the luxury and exclusivity of Maserati Cars, experience the all-new Maserati Quattroporte at 19 Leng
      106 words

  • Page 9 Advertisements
    • 85 9 Here's to 80 years of partnership with Qantas Airways. Qantas Airways and Changi Airport have always shared the same passion for excellence. As we celebrate 80 years of partnership, we thank the airline for bringing Australia's best to Changi Airport and Singapore. For great Qantas Airways fares, visit qantas.com.sg. 80
      85 words



  • BANKING & FINANCE
    • 620 12 Apart from South Africa, it is expanding investments into Nigeria, Kenya and parts of west Africa, says CEO BLOOMBERG Oslo NORWAY’S sovereign wealth fund is pouring a bigger share of its cash into Africa in a bid to capture some of the
      BLOOMBERG; PHOTO: BLOOMBERG  -  620 words
    • 473 12 BLOOMBERG Kuala Lumpur MALAYSIA cut borrowing costs in a US$1.5 billion sale of 10- and 30-year Islamic bonds in its first global debt offering since 2011. The government issued US$ 1 billion of 10-year securities to yield 3.04 per
      BLOOMBERG  -  473 words
    • 660 12 NYT New York FOR eight years, Ben Bernanke, the former Federal Reserve chairman, was steward of the world’s largest economy. Now he has signed on to advise one of Wall Street’s biggest hedge funds. Mr Bernanke will become a senior adviser
      NYT; PHOTO: AFP  -  660 words
  • Page 12 Advertisements
    • 157 12 HOW TO ENSURE A HEALTHY HEART? ft -1 a z rtd M e -jtr i^Sk I d Av K J Join us in our Health Awareness Talk by Dr. Michael Lim, internationally renowned Interventional Cardiologist and Medical Director of Heart, Stroke Cancer Centre. Dr. Michael Lim is the author of
      157 words
    • 71 12 NOTICE TO TRADE RATE RESTORATION Singapore Port Klang to Kolkatta and vice versa In order to recover the increase in charter hire for those specialized vessels in this trade and other operating costs, we will be implementing a Rate Restoration of USD 90.00 per TEU on all SOC shipments (laden)
      71 words


  • ENERGY & COMMODITIES
  • Page 14 Advertisements
    • 183 14 NOTICE TO TRADE RATES RESTORATION Singapore/Port Klang to Kolkatta/ Haldia and vice versa. Please be informed that we will be implementing a Rate Restoration of USD 93.00 per TEU on all SOC shipments (laden) from Singapore/ Port Klang to Kolkatta/Haldia and vice versa effective 15 May 2015 Advance Container Lines
      183 words

  • TECHNOLOGY
    • 1318 15 It has kept its coffers full for the European fight, and has founded or funded a cottage industry of splinter groups NYT Brussels NOT long ago, Microsoft was the scourge of European antitrust regulators. It was fined once, twice, three and four
      NYT; PHOTO: REUTERS  -  1,318 words
    • 590 15 BLOOMBERG Los Angeles NETFLIX Inc said its video streaming service topped 62 million subscribers worldwide, as original shows such as House of Cards drew new viewers globally. The shares soared to a record high. US subscribers jumped by 2.28 million
      BLOOMBERG  -  590 words
    • 381 15 BLOOMBERG San Francisco AMAZON.COM INC, which has been seeking to push further into shoppers’ everyday lives, was the least expensive grocery-delivery option in New York City, beating the closest competitor by US$20 on a 30-item order, a study found. The report, from analysts
      BLOOMBERG  -  381 words
  • Page 15 Advertisements
    • 143 15 TTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT A farts A 'A/ceJc «fA FEAST OF APPRECIATION 20 to 24 April 2015 Show your appreciation for your dedicated assistant with a delicious treat at Ellenborough Market Cafe. Be delighted by Oxtail Stew and Szechuan Chicken with Cashew Nut alongside Peranakan specialties and tempting desserts such as Durian Pengat.
      143 words

  • CONSUMER
    • 345 16  -  Ace Hardware of the US and Danish retail chain JYSK will be part of Courts’s shop-in-shop concept By Elizabeth Mak eamak@sph.com.sg Singapore Singapore COURTS, one of South-east Asia’s largest retailers of furniture and electrical and IT products, announced on Thursday
      FILE PHOTO  -  345 words
    • 677 16 AFP San Francisco ON the one hand, or wrist, there may be an eye-catching Apple Watch, while the other will sport more discreet jewellery packed with Internet Age smarts. Jawbone had that vision of the wearable computing trend in mind late on Wednesday when
      AFP  -  677 words
    • 379 16 REUTERS Tokyo JAPAN’S Sharp Corp and its main banks were set to agree on Thursday to a US$ 1.7 billion rescue-and-restruc-turing plan that will likely include a promise to split off its ailing smartphone display business, a person involved in the discussions said.
      REUTERS  -  379 words
  • Page 16 Advertisements
    • 2114 16 THE BUSINESS TIMES Ik 1 1 Toll free 1800-289-8822 I fl I Email notices@sph.com.sg I V i j L J www.sphclass.com.sg/notices IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF MIDSOUTH HOLDINGS PTE. LTD. (the “Company") (In Members’ Voluntary Liquidation) (Company Registration No: *****2540W) At
      2,114 words
    • 290 16 In the Matter of The Companies Act, Cap. 50 And In the Matter of BIOSTARCH TECHNOLOGY PTE. LTD. (IN LIQUIDATION) (Co. Reg. No. *****3631R) COMPANIES WINDING UP NO.42 OF 2013 NOTICE OF MEETING OF CREDITORS Take notice that a meeting of creditors in the above matter will be held at
      290 words

  • REAL ESTATE
    • 780 17  -  It expects to amass 100 of these upper-scale hotels by 2020, half of which may be in the Asia-Pacific By Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore NEW YORK-LISTED Starwood Hotels on Thursday introduced its 10th brand, called Tribute Portfolio, which will feature a collection of
      780 words
    • 655 17 BLOOMBERG Tokyo TOKIO Marine Holdings Inc, one of Japan’s oldest insurers, is joining its Chinese peers in investing in property overseas but with a twist. Unlike counterparts such as China Life Insurance Co and Anbang Insurance Group Co, which have been buying
      BLOOMBERG  -  655 words
    • 531 17  -  By Pauline Ng btworld@sph.com.sg Kuala Lumpur MALAYSIA’S Eco World Development Group is planning a mixed-development marina and an international-stand-ard golf course on some 470 acres of land in Batu Kawan on the Penang mainland. The plan for the development, expected to
      531 words
    • 774 18 Insurer aims to knock about 25% off its property bill with renovations and new offices in cities including Toronto, Montreal and Hong Kong BLOOMBERG Toronto MANULIFE Financial Corp’s 90-year-old global headquarters in Midtown Toronto, fronted by limestone columns and a manicured lawn, have had a
      BLOOMBERG  -  774 words
  • Page 17 Advertisements
    • 48 17 $1.50psf $350psf ONWARDS PAYA UBI INDUSTRIAL PARK LEASE SALE 200 to 7,500 sq ft Own parking space (not inclusive in listed area) Tel: 9090 2222 Office: 53 Ubi Avenue 1 #01-11 Discover Greener Pastures Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Change of Address Notices
      48 words
    • 59 17 Singapore/PortKlangtoKolkatta/Haldiaandviceversa NOTICE TO TRADE RATE RESTORATION With the increase in charter hire, port charges and other operating costs, we wish to inform the trade that that our rates for all SOC shipments (laden) from Singapore/Port Klang to Kolkatta/ Haldia and vice versa will be increased by USD 98.00/TEU effective 15
      59 words
    • 507 17 The Business Times NOTICES 1 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF TECK JIN (PRIVATE) LIMITED Company registration no. *****2210C (In Members’ Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. 50 that
      507 words

  • Page 18 Advertisements
    • 739 18 ,{=&<>+>,~`@\{~?.?_>(*<;]\-)+;, 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 BELMONT GCB Brand New Rebuild. Land 32,000/ 16,000 sf. Rich lifestyle with your own rain forest. Salt water pool lift.
      739 words
    • 183 18 Agy Lic: L*****22J Powerful Negotiators D19 Brand New Bungalow For Sale Living by the sea Up and coming Punggol Town FH detached 4872/ 5877sqft 6+1+1 wide frontage Full ID included show suite unit CEA Regn No: R*****5G Landed Houses for Sale! Namly Grove (8,341sqft) Holland Road semi-d (3,300sqft built-up) Holland
      183 words

  • VEHICLE & LIFESTYLE
    • 635 19 G athering at a dining establishment may be de rigueur for the younger crowd, but nothing beats that personalised touch of hosting an intimate get-togethers at your house. If you like playing host, here are some tips from a professional
      635 words
  • Page 19 Advertisements
    • 131 19 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements THE BUSINESS TIMES CLASSIFIED BUY IT -SELL IT- FIND II- BMW FOR SALE 740 LI Jul 09 BMW 740LI. Full Specs. 1 Owner. PML Unit High OMV $100k. Tip Top Condition. Call 8118 8099 BMW FOR SALE BMW 523IA 06/2010 BMW 523I
      131 words
    • 121 19 PORSCHE FOR SALE CAYENNE 3.6A TIP Jan 08 Porsche Cayenne 3.6A Tip. Agent Unit. Premium Bodykit. Very Well Maintained. Call 8118 8099 TOYOTA FOR SALE ESTIMA 3/2006 Estima 2.4 sell $39,800 O MV $35,129. 2 owners. Call *****365 today! VOLKSWAGEN FOR SALE TIGUAN 2.0 TSI Nov 12 VW Tiguan 2.0
      121 words
    • 115 19 100% Commitment to Delivery Quality SG Guarantees Best Value The reliable parallel importer with 30 Thriving Years of Track Record spoiling you with Choices 9221 6111 9670 0258 9781 6019 Blk 161 Bukit Merah Central #01-3705 Singapore *****1 (next to library) TOP SELLING C200 $179,988 New LAUNCH Vellfi re STOCK
      115 words

  • GOVERNMENT & ECONOMY
    • 728 20 International buyers, especially Europeans hit by a weaker euro, are ordering fewer goods and pushing for discounts REUTERS Guangzhou MORE than half of China’s exporters expect a trade slowdown to last at least six months as production costs climb
      REUTERS  -  728 words
    • 498 20 REUTERS Sydney AUSTRALIAN employment sped past expectations in March while jobs created in February were revised up sharply, an upbeat report that sent the local dollar surging as markets scaled back bets for another cut in interest rates. Thursday’s figures from the
      REUTERS; PHOTO: BLOOMBERG  -  498 words
    • 609 21 Most regions report growth; labour market remains stable and car sales climb in most Fed districts AFP Washington THE US economy is continuing to grow and the labour market is improving, the Federal Reserve said on Wednesday as it debates its first
      AFP; PHOTO: AFP  -  609 words
    • 297 21 AFP Frankfurt THE economic skies above Europe are brightening, with both growth and inflation seen moving higher, not least as a result of the European Central Bank’s (ECB) policy measures, an ECB survey showed on Thursday. Nevertheless, inflation, already chronically low, will be
      AFP  -  297 words
  • Page 20 Advertisements
    • 229 20 MASTERCLASS SERIES: ACHIEVE A BREAKTHROUGH IN YOUR SALES PERFORMANCE I I I Everyone, including YOU, can do well in sales with the RIGHT STRATEGY! Join us as our speaker, Jensen Siaw, a motivational speaker and performance breakthrough coach shares through a highly engaging and dynamic coaching session to augment your
      229 words

  • Page 21 Advertisements
    • 114 21 NOTICE TO TRADE RATE RESTORATION Singapore to Kolkatta/Haldia and vice versa Please be informed that with effect from 15 May 2015, we will be increasing all our SOC rates (Laden) from Singapore to Kolkatta Haldia and vice versa by USD 97.00 TEU Date: 17 April 2015 Samudera Shipping Line Ltd
      114 words


  • TRANSPORT
    • 815 23 European manufacturers aim to return to the country if sanctions are eased under a proposed nuclear pact BLOOMBERG Paris WHEN Mohammad Kolahi wanted to replace his French Peugeot sedan this year, the Teheran business consultant looked East instead of
      BLOOMBERG; PHOTO: BLOOMBERG  -  815 words
    • 540 23 WP Atlanta DELTA Air Lines plans to cut seating capacity later this year on international routes as the strong dollar and declining oil prices dampen overseas demand. The pullback includes reductions of as much as 20 per cent to Japan, Africa, India and
      WP  -  540 words
    • 423 23 REUTERS Tokyo TOYOTA Motor Corp said on Wednesday that it will build new factories in Mexico and China, ending a self-im-posed expansion freeze and putting more pressure on global rivals. The world’s largest carmaker by sales volume said that it would build
      REUTERS  -  423 words
    • 387 23 REUTERS Kuala Lumpur GOVERNMENT ministers from Australia, China and Malaysia on Thursday said they would double the search area for missing Malaysia Airlines Flight MH370 if wreckage is not found in the current target area. No trace has been found
      REUTERS  -  387 words
  • Page 23 Advertisements
    • 15 23 Brand Your Assets Call 1800 289 8822 or e-mail notices@sph.com.sg to publicise your Financial Statements
      15 words
    • 60 23 NOTICE TO TRADE RATE RESTORATION Singapore/Port Klang to Kolkatta and vice versa In order to recover the increase in charter hire and other operating costs, we will be implementing a Rate Restoration of USD 95.00 per TEU on all SOC shipments (laden) from Singapore/Port Klang to Kolkatta and vice versa
      60 words
    • 29 23 巴奖鼓励 More news.omy.sg Buy new musical instruments or put up your old ones for sale in CLASS 72 To advertise, call the Print Classified Hotline: 1800-289 9988
      29 words
    • 40 23 GOLDEN MOMENT Akshaya Tritiya is round the corner and it is time to head to the jewellery store CHANCE TO RECOGNISE ‘FACELESS’ BUILDERS GET YOUR COPY TODAY FROM ALL 7-ELEVEN OUTLETS TO ADVERTISE: CALL SHAN (*****861) KALWANT (*****327) NISHAL (*****438)
      40 words

  • OPINION
    • 542 24 EDITORIAL AMID the deluge of often hostile media coverage of the Asian Infrastructure Investment Bank (AIIB) in recent weeks, focusing on the alleged problems of governance and shareholding at the new institution, few commentators have had much to say about
      542 words
    • 794 24  -  THE BOTTOM LINE By Daniel Gros T The writer is director of the Centre for European Policy Studies Project Syndicate Brussels THE developed world seems to be moving towards a long-term zero-inter-est-rate environment. Though the United States, the United Kingdom, Japan,
      Project Syndicate  -  794 words
    • 1087 24  -  Five years on, the legacy of Deepwater Horizon is intensely controversial. BY ANDREW HAMMOND T The writer is an associate at LSE IDEAS (the Centre for international Affairs, Strategy and Diplomacy) at the London School of Economics. He is a former UK government special
      REUTERS FILE PHOTO  -  1,087 words
    • 972 25  -  COMMENTARY By Yogi Aggarwal T The writer is a Mumbai-based journalist THE world’s biggest e-retailer, Alibaba, is showing keen interest in investing in India’s fledgling e-commerce market. Jack Ma, founder of the giant US$248 billion Chinese company, has visited India twice in the past
      972 words
    • 656 25  -  COMMENTARY By Marcia Blenko, James Root, Nader Elkhweet T The writers are, respectively, advisory partner, partner head of APAC and partner SEA lead at Bain Company’s organisation practice WHICH document does more to advance the well-being of ordinary Americans: the Constitution or the
      656 words
    • 1585 25  -  Such stocks generally show signs of basic problems which diligent investors can recognise.BY recognise.BY BOBBY JAYARAMAN T The writer is a private investor and author of the book "Building Wealth Through REITS". He can be reached at jbobby@frunzeinvestments.com OVER the past few months,
      PHOTO: FEEIMAGES  -  1,585 words


  • 1923 26 MONTREAL 10 120 29/7 30/7 4/8 MONTREAL 10 120 29/7 30/7 4/8 EASTERN CAR LINER, LTD SPECIALIZE IN RORO HEAVY LIFT INTRA-ASIA SERVICE VOY Ramp(KT) Lifting(KT) SIN PKL PG KUC JKT SUR NOBLE CORAL 74 60 26/4 28/4 30/4 SEPANG EXPRESS 9 100 29/4 30/4
    1,923 words
  • Page 26 Advertisements
    • 107 26 Experienced sh/p maintenance services wanted. Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE WONG AT 9620 1327 S—m THE BUSINESS TIMES Shipping times Make A Splash In The Maritime World Via s|5i3hiartime.coM Ahoy there! If you are in a business pertaining to any sector
      107 words

  • BT Lifestyle
    • 1532 27  -  The vinyl revival has made Record Store Day a victim of its own success as the event is set to be a relatively quiet one this year in Singapore. Thankfully, local record shop owners and local acts are jumping in with their own initiatives to put
      1,532 words
    • CINEMA
      • 721 28  -  In-demand Filipino actor Epy Quizon, who stars in local drama Unlucky Plaza, is not one to shy away from difficult roles in reel-life or otherwise. BY DYLAN TAN otherwise.BY DYLAN TAN dylantan@sph.com.sg @DylanTanSYBT AS ONE of the Philippines’ most sought-after actors, Epy
        721 words
      • 579 28  -  By Geoffrey Eu UNLUCKY Plaza is a Singapore story with a difference a dark tale where writer-director Ken Kwek takes an almighty swipe at some common ills facing society, including (but not limited to) property scams, problem gambling and loan sharking, clergymen
        579 words
      • 552 28  -  By Geoffrey Eu A CHUBBY village policeman and an elderly pig breeder are reluctant allies on the trail of a serial rapist in North by Northeast, a deceptively slow but smart, witty and perfectly absorbing thriller that captures the pulse of village life in China soon after
        PHOTOS: SINGAPORE CHINESE FILM FESTIVAL  -  552 words
    • CITY LIFE
      • 880 29  -  Electric scooter enthusiasts hope LTA will relax its regulations on the public use of the environment-friendly vehicle. BY AVANTI NIM avantin@sph.com.sg NOT a fan of driving in peak-hour traffic or being stuck in the MRT with other disgruntled commuters? Don’t sweat it. Personal mobility devices (PMDs)
        PHOTOS: INOKIM  -  880 words
      • CITY BUZZ BT writers’ picks of what to see, do or talk about
        • 372 29  -  INDIE FILMS SCUM Cinema and The Singapore Chinese Film Festival By Dylan Tan FANS of alternative cinema are in for a treat in the coming weeks with cinephile collective, the Society for Cult and Underground Movies aka SCUM, presenting yet another overlooked gem at their upcoming monthly screening
          372 words
        • 217 29  -  DINING By Tay Suan Chiang FOR one night only, the Bar Billard Room is hosting a four-course whiskey dinner with George S Grant, the ambassador of the award-winning Glenfarclas distillery famed for its single highland malt Scotch whiskies. Mr Grant is the sixth generation running the family-owned
          217 words
        • 214 29  - Crown Bakery Cafe DINING By Tay Suan Chiang FOR years, Far East Flora beautified homes with its range of plants and flowers. Now, they’ve cast their eyes on your stomach as well. Their soon-to-open Crown Bakery and Café is a collaboration with famed Japanese bakery Signifiant Signifie, which has outlets
          214 words
        • Article, Illustration
          171 29 EVENTS LIFESTYLE magazine ICON marked its 10th anniversary on Wednesday night with the annual ICON Ball at the Shangri-La Hotel, hosting more than 400 guests from Singapore’s high-society ranks. The formal dress affair saw guests wining and dining, as singer Nathan Hartono entertained. They also enjoyed a front-row
          171 words
        • 209 29  -  CRAFT By Cheah Ui-Hoon SINGAPORE ceramicist Steven Low will hold ceramic workshops for the public starting this weekend. The highlight is his collaboration with French artist Christine Waxweiler on personal dining ware (a bowl, a main serving plate, a dessert plate and a spoon) as part of the
          209 words
    • ARTS
      • 1127 30  -  With new head Alan Koh, Affordable Art Fair is set to bring art collecting to an even wider audience even if some seasoned collectors sniff at the term “affordable”. BY HELM I YUSOF VISUAL ARTS BY HELMI YUSOF helmi@sph.com.sg @HelmiBT SO what do
        1,127 words
      • 657 30  -  By Cheah Ui-Hoon uihoon@sph.com.sg THERE are some paintings an artist just can’t rush through, and in Tung Yue Nang’s case, that would be a detailed still life. He might be painting Chinatown and landscapes by freehand and on site, but when painting his Peranakan series,
        PHOTOS: TUNG YUE NAM  -  657 words
      • 728 32  -  Director Braham Murray gives his take on Prospero, the central character in the Bard’s last play, The Tempest. BY CHEAH UI-HOON PLAY BY CHEAH UI-HOON uihoon@sph.com.sg THE plot of The Tempest might be about a marooned duke plotting his way out of an island back into
        728 words
    • WINE/ARTS
      • 1259 31  -  They go well with oysters or any Singapore shellfish. And a 2003 New Zealand Pinot Noir is a substitute for pricey Burgundian Pinots. BY NK YONG BY NK YONG CHAMPAGNE is a wine. Despite it having been around for as long as any other
        PHOTO: NK YONG  -  1,259 words
      • 521 31 THEATRE REVIEWS uihoon@sph.com.sg By cheah Ui-Hoon WILD Rice’s Public Enemy is as political-ly-charged as it sets out to be, with its dramatised behind-the-scenes look of what can happen when one man goes against the system, with the play transcending black and white interpretations of right and
        521 words
      • 464 31  -  By Helmi Yusof helmi@sph.com.sg @HelmiBT AN exquisite sensuality suffuses every inch of The Weight Of Silk On Skin, Huzir Sulaiman’s award-winning monologue about an ageing playboy. The backdrop is a large walk-in wardrobe with expensive shirts and shoes. A lounge chair rests on one side,
        464 words
      • 298 31  -  By Helmi Yusof helmi@sph.com.sg @HelmiBT IT takes a village to raise a child. But when that village is Singapore’s education system, should you be worried? Faith Ng’s poignant new play replies with a “yes”. Ng, one of Singapore’s best playwrights, has never been one
        298 words
  • Page 27 Advertisements

  • Page 28 Advertisements
    • 221 28 FREE ADMISSION Meet CEOs and top Executives of listed companies in Malaysia to understand their business and unearth the Gems in Malaysia Stock Market Join us at Malaysia GEMS 2015, a one day open event aimed at helping investors study top selected Malaysia Public Listed Companies (PLC) in depth and
      221 words
    • 18 28 APRIL ISSUE OUT NOW! $25DIGITAL SUBSCRIPTIONDEAL SPECIALLY FOR OUR 25thBIRTHDAY! LOG ON TO WWW.TORQUE.COM.SG/PROMOTIONSOR SCAN SAVE 70% WWW.TORQUE.COM.SG
      18 words




  • Page 32 Advertisements
  • Page 32 Miscellaneous
    • 272 32 CRYPTIC CROSSWORD Across 5 First chess player attending match in formal evening dress (5,3) 8 Ape straddling an awning (6) 10 Soldier who carries the Colours in gen’s misleading (6) 11 Liking page with charm (8) 12 Fail to win card game become exasperated (4,8) 15 Bridge player held in
      272 words