The Business Times, 26 June 2015

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Microfilm: NL33513
Total Pages: 30
1 30 The Business Times
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  • Title Section
    Lock icon Masthead
    31 1 THE BUSINESS TIMES 2015 SOCIETY OF NEWS DESIGN EXCELLENCE AWARD■BEST IN OVERALL REDESIGN■ S$1.00 A SINGAPORE PRESS HOLDINGS PUBLICATION www.businesstimes.com.sg @BTBreakingnews CO REGN NO *****2868E MCI (P) 051/08/2014 Friday, June 26,2015
    31 words
  • DAILY DIGEST
    • Article
      Lock icon Bank of China sold
      21 1 a mega US$3.55 billion multi-currency, multi-location landmark bond that includes a S$500 million tranche. TOP STORIES 2
      21 words
    • Article
      Lock icon Standard Chartered Private Equity invests
      21 1 US$52 million in Crystal Jade Group Holdings, an L Capital Asia portfolio company. TOP STORIES 4
      21 words
    • Article
      Lock icon Noble Group announces its seventh
      31 1 share buyback, taking its total repurchase this month to S$93.5 million for some 134.2 million shares, averaging close to 70 Singapore cents apiece. COMPANIES MARKETS 6
      31 words
    • Article
      Lock icon Equity capital raised
      35 1 on the Singapore Exchange falls 40 per cent year-on-year in the second quarter of 2015 as volatile market conditions continue to crimp fundraising, preliminary data from Thomson Reuters shows. COMPANIES MARKETS 9
      35 words
    • Article
      Lock icon Hackers steal US$160 billion
      18 1 worth of intellectual property from Western companies every year, according to cyber-security specialists. TECHNOLOGY/14
      18 words
    • Article
      Lock icon Diamonds are not
      35 1 forever, it seems. At least not in Japan, where jewellery owners are unloading unwanted jewels for cash at a record pace and shipping them off to buyers in China and India. CONSUMER/16
      35 words
    • Article
      Lock icon Asia has the world’s
      28 1 most expensive construction disputes, averaging a value of US$86 million, says Arcadis, a global natural and built asset design and consultancy firm. REAL ESTATE/17
      28 words
    • Article
      Lock icon US household spending climbs
      27 1 in May by the most in almost six years, buoyed by gains in incomes as the US job market strengthened. GOVERNMENT ECONOMY 20
      27 words
    • Article
      Lock icon AirAsia boss Tony
      31 1 Fernandes has told staff and analysts he will spend more time on the budget airline, after a report questioning the company’s accounts sent its share price tumbling. TRANSPORT/21
      31 words
  • Article
    Lock icon MARKETS
    28 1 Thursday Change STI 3,349.87 -1.46 KL COMP 1,716.81 -14.87 NIKKEI 225 20,771.40 -96.63 HANG SENG 27,145.75 -259.22 SHENZHEN B 1,523.67 -29.35 DOW (11.45am EDT) 17, 991.96 +25.89
    28 words
  • Article
    Lock icon Scope may exist to review oversight roles of Singapore exchanges: MAS
    875 1  -  MAS, SGX also seeking views on how to improve capital markets here By Kenneth Lim kenlim@sph.com.sg @KennethLimBT Singapore SINGAPORE may have to reduce overlaps between the oversight functions of the Monetary Authority of Singapore (MAS) and the exchanges as
    875 words
  • Article, Illustration
    Lock icon Soft market, global leadership changes at Colliers see more talents leave for rivals
    914 1  -  Four members of Colliers’ retail team are moving to JLL, following a spate of resignations from industrial-services and office-services teams this year By Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore FOUR members of the retail team of property consultancy
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  • Page 1 Advertisements
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      Lock icon Page 1 Advertisements Column 1
      52 1 8 "*****1 *****4 FETING SG50 ON THE BIG SCREEN Three local films pay tribute to Singapore EXEC LIFESTYLE 30 OMEGA yw 12 Sfi&zdm/iAfeA, GEORGE CLOONEY'S CHOICE /a > o OMEGA fi? I Hi AVAILABLE AT; Ion Orchard 6509 9712 Marina Bay Sands 6225 2393 Raffles City 6338 3676 Resorts World
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      Lock icon Page 1 Advertisements Column 2
      26 1 BUYING SPREE Ascott Reit buying 7 assets in Australia and Japan for S$298.3m companies markets 7 MAS SGX For a robust, vibrant securities market opinion 22
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      Lock icon Page 1 Advertisements Column 3
      20 1 IN THE BIG LEAGUE 6 S’pore companies make it to Forbes Asia’s ‘Best Under a Billion’ list TOP STORIES 3
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  • TOP STORIES
    • Article
      Lock icon Bank of China in US$3.55b multi-currency landmark deal
      629 2  -  Bank says S$500m tranche is biggest-ever SGD senior unsecured bond issued by a commercial bank in Singapore By Siow Li Sen lisen@sph.com.sg @SiowLiSenBT Singapore BANK of China (BOC) has sold a mega US$3.55 billion multi-currency, mul-ti-location landmark bond which includes a S$500
      629 words
    • Article
      Lock icon US lawmakers give Obama’s Pacific trade pact a boost
      628 2 RE UTERS Washington US LAWMAKERS approved legislation that is key to securing a hallmark Pacific trade deal by a comfortable margin on Wednesday, advancing President Barack Obama’s efforts to strengthen US economic ties with Asia. After a six-week congressional battle including
      REUTERS  -  628 words
    • Article, Illustration
      Lock icon China moves closer to ‘riskiest’ step with removal of loans cap
      560 2 BLOOMBERG Shanghai CHINA has taken one of its biggest steps in banking reform, moving to end a two-decade-old rule that has capped lending relative to deposits as Premier Li Keqiang seeks to usher in market-based economics. An amendment to
      BLOOMBERG; PHOTO: REUTERS  -  560 words
    • Article, Illustration
      Lock icon Greek ministers unyielding as creditors make cash-for-reform proposal
      818 2 REUTERS Athens GREECE’S international creditors put a final cash-for-reform proposal to eurozone finance ministers on Thursday in a showdown with Athens after lengthy negotiations failed to yield an agreed plan to avert an imminent default. Defiant Greek ministers said they would stick
      REUTERS; PHOTO: AFP  -  818 words
    • Article, Illustration
      Lock icon 6 S’pore firms make it to Forbes Asia’s ‘Best Under a Billion’ list
      402 3  -  The list honours 200 public companies with revenue of up to US$1 billion for logging consistent growth By Mindy Tan tanmindy@sph.com.sg @MindyTanBT Singapore SIX Singapore companies have made it to Forbes Asia’s “Best Under a Billion” list
      PHOTOS: ARTHUR LEE, FILE  -  402 words
    • Article
      Lock icon ABS to start charging for Sibor and SOR data from Oct 1
      276 3  -  By Joyce Hooi joyceh@sph.com.sg Singapore COME Oct 1, Singapore interbank offered rate (Sibor) and ABS swap offer rate (SOR) data will be subject to fees, the benchmarks’ administrator said on Thursday. Subscribers will be charged a monthly usage
      276 words
    • Article, Illustration
      Lock icon Standard Chartered Private Equity invests US$52m in Crystal Jade
      374 4  -  The investment will fund the growth of the restaurant chain across Asia and beyond By Debbie Yong debyong@sph.com.sg @DebbieYongBT Singapore STANDARD Chartered Private Equity (SCPE) has invested US$52 million in Crystal Jade Group Holdings, an L Capital Asia portfolio company. The
      FILE PHOTO  -  374 words
    • Article
      Lock icon GSK set to invest £38m more in Singapore facility
      269 4  -  By Joyce Hooi joyceh@sph.com.sg @JoyceHooiBT Singapore BRITISH pharmaceutical company GlaxoSmithKline (GSK) will invest £38 million (S$80.4 million) more in its antibiotic manufacturing plant on Quality Road. The company said in a statement on Thursday that the investment comes on top of
      269 words
    • Article, Illustration
      Lock icon Choa Chu Kang Waterworks now partly solar-powered
      449 4  -  By Ong Hui Qun ohuiqun@sph.com.sg Singapore NATIONAL water agency PUB’s waterworks in Choa Chu Kang is now partially powered by solar energy, with the installation of a 1 Megawatt peak (MWp) solar photovoltaic system in its compound. More than 3,000 solar panels have
      PHOTO:PUB  -  449 words
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      Lock icon Page 3 Advertisements Column 1
      29 3 2Owncars? If you're looking for a landed home with a large enough driveway, turn to the Print Classified Properties section. To advertise, call the Print Classified Hotline: 1800-289 9988.
      29 words
    • Advertisement
      Lock icon Page 3 Advertisements Column 2
      189 3 5SWIX V'' c .-2S ~-s5 ‘I'l, T MAJESTY I J, N* L*i y i v a- 1\ s I i«. 4 v M’ 4 ft The IVI A Majestic Fit tyraftjSd/m Japan with an appeal that/ transcends time. A top premium 1 linfe'fljf G-SHOCK, Ihe iconic name I i that
      189 words
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  • Page 4 Advertisements
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      109 4 As part of INVEST Fair 2015, we are proud to present our inaugural INVEST IDOL contest where we would like YOU to exploit your knowledge in stock investing to come up with the most profitable portfolio. Pit your knowledge against your peers and get a chance to win CASH PRIZE
      109 words
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      61 4 Lianhe Zaobao Business Seminar 'fib#*® t° boost manpower 0 r^ I CIO 4 July 2015 (Saturday) 2pm to 5pm This seminar is conducted in Chinese Lifelong Learning lnstitute@WDA, Lecture Theatre, Level 2 (3-min walk from Paya Lebar MRT) 11 Eunos Road 8, Singapore *****1 Registration fee: $10 nett (including refreshments
      61 words
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      Lock icon Page 4 Advertisements Column 3
      21 4 LISTEN OUT FOR FINANCIAL RESULTS ANNOUNCEMENT Find out more about a company’s financial performance through The Straits Times Notices. 14/myj jun
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      Lock icon Page 5 Advertisements Column 1
      2933 5 (Constituted in the Republic of Singapore pursuant to a Trust Deed dated 5 July 2004 (as amended)) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 6th Annual General Meeting of the holders of units of Mapletree Logistics Trust (“MLT”, and the holders of units of MLT, “Unitholders”)
      2,933 words
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      2934 5 (Constituted in the Republic of Singapore pursuant to a Trust Deed dated 29 January 2008 (as amended)) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 5th Annual General Meeting of the holders of units of Mapletree Industrial Trust (“MIT”, and the holders of units of MIT, “Unitholders”)
      2,934 words
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  • COMPANIES & MARKETS
    • Article
      Lock icon Noble’s share buyback spree continues
      486 6  -  Commodities trader makes seventh market acquisition this month, raising total repurchase to S$93.5m By Jamie Lee leejamie@sph.com.sg @JamieLeeBT Singapore NOBLE Group on Thursday announced its seventh share buyback the day before, bringing its total repurchase this month to S$93.5 million for some 134.2 million shares,
      486 words
    • Article
      Lock icon Sequoia leads charge in China buyouts
      330 6 BLOOMBERG New York IN this month’s US$19 billion buyout frenzy of Chinese companies listed abroad, one man may hold the key to figuring what is next. Neil Shen, the billionaire co-founder of Sequoia Capital China, is leading the charge among venture capitalists and private
      BLOOMBERG  -  330 words
    • CORPORATE DIGEST
      • Article
        Lock icon Stratech Group
        71 6 THE Stratech Group’s flagship iFerret and Super BullsEye systems are being used at the Tyndall Air Force Base in Florida, USA, it has emerged. The contract was previously announced back in September 2013. However, at the time, the group did not reveal its customer, only saying that its
        71 words
      • Article
        Lock icon Frasers Hospitality Trust
        160 6 THE manager of Frasers Hospitality Trust plans to raise up to S$123 million by placing out 150 million new stapled securities at 81 to 82 Singapore cents apiece to fund its acquisition of Sofitel Sydney Wentworth. The indicative offer prices represent a discount between 4.2 and 5.4
        160 words
      • Article
        Lock icon Stamford Tyres
        137 6 STAMFORD Tyres’ full-year net profit fell 83 per cent to S$1.7 million as pricing pressure and the absence of gains from a property sale weighed on the bottom line, the tyre distributor announced on Thursday evening. On a per-share basis, net profit for the year ended April 2015
        137 words
      • Article
        Lock icon Global Logistic Properties
        62 6 GLOBAL Logistic Properties (GLP), which provides modern logistics facilities, has signed new lease agreements totalling 68,000 square meters (sqm) with three industry-leading companies in Brazil. These are new customer relationships for GLP. The new customers are major retail chain Magazine Luiza which has pre-leased 41,000 sqm at
        62 words
      • Article
        Lock icon IX Biopharma Ltd
        75 6 SPECIALTY pharmaceutical company ix Biopharma has lodged its preliminary offer document with the SGX-ST, as it seeks a proposed listing on the Catalist. CIMB Bank Berhad, Singapore Branch is the issue manager and sponsor, while CIMB Securities (Singapore) Pte Ltd is the underwriter and placement agent of
        75 words
    • Article, Illustration
      Lock icon Ascott Reit acquiring 7 assets in Australia, Japan for S$298.3m
      620 7  -  Ebitda yield of 5.1% for three serviced residences and four rental housing properties By Fiona Lam fionalam@sph.com.sg Singapore ASCOTT Residence Trust (Ascott Reit) is looking to acquire three serviced residences and four rental housing properties in Australia and Japan for
      620 words
    • Article
      Lock icon Take stock of rising market volatility in asset management: StanChart
      833 7  -  By Nikita Mathur mathurn@sph.com.sg Singapore MARKET volatility is on the rise and Singapore investors should be cognisant of this while considering their asset management strategies for the upcoming few months, according to Standard Chartered’s Wealth Management Group. The group’s expectation
      833 words
    • Article
      Lock icon Banks readier than before for bad loans ahead: Credit Suisse
      665 7  -  By Jamie Lee leejamie@sph.com.sg @JamieLeeBT Singapore AS interest rates pick up eventually, Singapore banks will be better able to handle an increase in number of bad loans than during the previous cycle, a Credit Suisse report said this week. Most
      665 words
    • Article, Illustration
      Lock icon Equity issuing activity and proceeds on SGX take hit in H1
      470 9  -  Volatile market conditions crimp fundraising, with stock sales 54% less than that raised in 2014 period By Teh Shi Ning tshining@sph.com.sg @TehShiNingBT EQUITY capital raised on the Singapore Exchange fell 40 per cent year-on-year in the second quarter of
      BT Graphics; Source: Thomson Reuters  -  470 words
    • Article
      Lock icon Religare Capital Markets appoints head of Asean trading
      360 9 Singapore RELIGARE Capital Markets has appointed Stephen Conway as its head of Asean trading. This is the second senior hire announced this month, coming three weeks after that of Matthew Lutter, who joined as managing director and head of Asean equities. Based
      360 words
    • Article
      Lock icon Average indicative dividend yield of 7.1% for business trusts
      380 9  -  By Teh Shi Ning tshining@sph.com.sg @TehShiNingBT THE average indicative dividend yield of business trusts listed on the Singapore Exchange (SGX) is 7.1 per cent, says a June 25 market update issued by SGX. This compares with an average dividend yield of
      380 words
    • Article, Illustration
      Lock icon STI / Catalist
      63 10 STI Catalist Straits Times index June 25,2015 3,349.87 -1.46 (-0.04%) Current streak 1 day Day high 3,358.24 Day low 3,343.47 52-week high 3,539.95 (Apr 15, 2015) 52-week low 3,154.21 (Oct 16, 2014) FTSE ST Catalist index June 25,2015 673.61 -2.96 (-0.44%) Current streak 1 day Day high 676.42 Day low
      63 words
    • Article, Illustration
      Lock icon STI lethargy mirrors Greece deadlock
      638 10  -  Local blue-chip index slips only 1.46 points, even as regional indices suffer losses of up to 3.5 per cent STOCKS By Melissa Tan melissat@sph.com.sg @MelissaTanBT CALL it sympathy, solidarity or simply the stupor that the Singapore stock market finds itself bogged down in more often
      Source: Bloomberg  -  638 words
    • Article
      Lock icon STI STOCKS
      309 10 Stock name Close Change Day high/low 52w high 52w low PE Div yield Mcap Ascendas Reit 244 +1 248/242 271 219 6 6174.2 CapitaLand 346 unch 350/343 379 293 12.7 2.6 *****.6 CapitaMall Trust 213 unch 215/212 228 188.5 5.1 7390.5 CityDev 980 +2 985/973 1095 915 11.8
      309 words
    • Article
      Lock icon MOST ACTIVE
      34 10 VOLUME Armarda 295,783,000 Debao Property 71,839,800 Noble 37,665,100 StratechGroup 37,376,800 IHC 37,335,600 Market volume 1,449,579,000 VALUE Singtel 102,576,382 OCBC Bank 75,978,839 DBS Grp 66,824,518 Keppel Corp 38,621,471 UOB 30,943,911 Market value 960,276,000
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    • Article
      Lock icon SGX ETFs
      112 10 Most Active Fund Last sale +/-(‘000) Day high/low 52w high/low Buy/Sell Mcap STI ETF 340 225 341/339 355/319 340/341 UETF SSE50China 300 -9 114 310/300 340/141 300/301 93.8 DBXT MSBANGL US$ US100.2 -1.4 73 100.2/99.5 116/87.2 99.5/100 4.1 IS MS INDIA US$ US715 -40 63 752/715 1000/696 715/721
      112 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      77 10 Jun 25 VALUE CLOSE BT OB/OS -164.00 -154.00 BT CADI -*****.00 -89.00 BT 10-day MA -*****.00 -16.00 FTSE ST Mid Cap 762.92 -4.86 FTSE ST Small Cap 481.42 -2.32 FTSE ST All Share 803.57 -1.31 FTSE ST China Top 206.51 -0.85 FTSE ST China 244.21 -0.26 FTSE
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    • Article, Illustration
      Lock icon STI / FTSE ST All-Share
      35 10 STI FTSE ST All-Share FTSE ST All-Share index June 25,2015 803.57 -1.31 (-0.16%) Current streak 1 day Day high 805.26 Day low 802.97 52-week high 847.98 (Apr 15, 2015) 52-week low 762.71 (Oct 16, 2014)
      35 words
    • Article, Illustration
      Lock icon STI / MSCI EAFE
      33 10 STI MSCI EAFE MSCI EAFE Index June 24,2015 1,913.50 -6.14 (-0.32%) Current streak 2 days Day high 1,927.82 Day low 1,911.69 52-week high 1,995.49 (July 3, 2014) 52-week low 1,697.01 (Jan 7, 2015)
      33 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 10 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 2 10 2 0 0 0 2 10 2 Manufacturing 35 49 42 5 8 7 40 57 49 Commerce 13 24 15 2 5 5 15 29 20 Tpt/Stor/Comms 9 19 11
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      121 10 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 12,188 12,188 61,588 61,588 Manufacturing 77,314 25,646 102,960 60,143 2,278 62,420 Commerce 74,626 42,972 117,598 76,067 2,040 78,107 Tpt/Stor/Comms 136,753 290 137,043 202,916 22 202,939 Finance 18,537 24 18,561 203,037 5 203,042 Construction 21,522 20,653
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    • Article
      Lock icon GAINERS
      75 10 BY CENTS CLOSE UP 52w high/low DBXT MSTaiwan US$ 2283 36.3 1.2 2392/2081 DBXT MSPacXJp US$ 523 18.8 2.8 571/503 JSH USD 3150 18.8 0.4 3810/2987 DBXT S&P Short US$ 2120 16.1 0.6 2497/2108 Great Eastern 2435 10.0 0.4 2600/2165 BY PERCENTAGE CLOSE UP 52w high/low CN*****MBePW*****0 9.2 27.8
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    • Article
      Lock icon LOSERS
      73 10 BY CENTS CLOSE DOWN 52w high/low Lyxor Indonesia US$ 7941-1159.0 -9.8 9636/7941 DBXT Nifty US$ ***** -76.5 -0.4 *****/***** JMH USD 5689 -76.5 -1.0 6788/5410 DBXT MSKorea US$ 5618 -68.5 -0.9 6735/5435 IS MS INDIA US$ 715 -53.7 -5.3 1000/696 BY PERCENTAGE CLOSE DOWN 52w high/low InterraResW*****8 0.2 -90.0
      73 words
    • Article
      Lock icon UNUSUAL ACTIVITY
      84 10 VOL CLOSE($) CHANGE Armarda 295,783.0 0.002 -0.001 -33.33 E2-Capital 686.6 0.100 -0.005 -4.76 Khong Guan Flour 71.8 2.090 +0.090 +4.50 China Flexpack 1,439.7 0.008 -0.001 -11.11 AA 100.3 0.060 -0.010 -14.29 ITE Electric 601.0 0.070 +0.005 +7.69 EastGate Tech 215.7 0.021 -0.004 -16.00 Tat Seng Pkg 900.0 0.310
      84 words
    • BROKERS’ TAKE
      • Article
        Lock icon OSIM International
        216 10 Neutral June 25 close: S$1.635 Target price: S$2.00 RHB, June 25 OSIM International’s investment cost is S$10.9 million, representing an estimated 7x FY16F price-to-earnings and 6.4x EV (enterprise value)-to-Ebitda (earnings before interest, tax, depreciation, and amortisation). It ought to add earnings of around S$1.2 million next year. This
        216 words
      • Article
        Lock icon Innovalues Limited
        220 10  -  Compiled by Jacquelyn Cheok Buy S$0.78 June 25 close: S$0.78 Target price: S$0.985 KGI, June 25 INNOVALUES had recently undergone some selling pressure after reaching a high of S$0.94 post its stellar Q1 2015 results. The last two days saw the most intense selling pressure, which brought the
        220 words
    • Article
      Lock icon CALENDAR
      9 10 DATA I 1 pm Singapore Industrial Production Index
      9 words
    • Article
      Lock icon Swiss franc falls on SNB warning shot; euro stays flat
      421 11 CURRENCIES REUTERS London THE Swiss franc fell to a 10-day low against a broadly flat euro on Thursday, after the head of the Swiss National Bank said it was “considerably over-valued” and that the SNB would continue to intervene in
      REUTERS  -  421 words
    • FOREX RATES
      • Article
        Lock icon INTERBANK CROSS RATES
        471 11 Jun 25 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.958 4.798 0.689 5.991 49.153 103.032 0.956 8.591 2.904 1.121 78.618 34.883 1.038 9.369 0.723 23.912 26.122 0.492 0.773 Canada 1.044 5.010
        471 words
      • Article, Illustration
        Lock icon HANG SENG
        2 11
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      • Article, Illustration
        Lock icon SHANGHAI COMPOSITE
        2 11
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      • Article, Illustration
        Lock icon NIKKEI
        1 11
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      • Article, Illustration
        Lock icon DOW JONES
        2 11
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      • Article
        Lock icon INTERBANK CURRENCY RATES
        155 11 Jun 25 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.0373 1.0381 0.7726 0.7731 Canadian dollar 1.0833 1.0838 0.8071 0.8068 Euro 1.5055 1.5060 1.1213 1.1215 NZ dollar 0.9252 0.9261 0.6891 0.6897 Sterling pound 2.1096 2.1105 1.5713 1.5717
        155 words
      • Article
        Lock icon US$/S$ FORWARD RATES
        21 11 Jun25 S$ Bid Offer 1-month 1.3431 1.3436 2-months 1.3438 1.3444 3-months 1.3443 1.3446 6-months 1.3462 1.3470 Source: OCBC
        21 words
    • EQUITY BONDS WARRANTS FUTURES
      • Article
        Lock icon SGX DERIVATIVES TRADING
        398 11 Jun 25 OPEN HIGH LOW SETT VOL OP/INT FTSE CHINA A50 INDEX FUTURES SPOT *****.29 *****.51 *****.52 Jun15 *****.00 *****.50 *****.00 *****.00 *****2 *****6 Jul15 *****.50 *****.00 *****.50 *****.00 *****1 *****6 NIKKEI 225 INDEX FUTURES SPOT *****.69 *****.58 *****.60 Sep15 *****.00 *****.00 *****.00 *****.00 ***** *****4 Dec15
        398 words
      • Article
        Lock icon BONDS, WARRANTS, PREFERENCE SHARES
        202 11 Jun 25 Most active Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left DBS MB ECW*****1 8.8 unch 6638 0.1 2180 4 FTSEChinaA50 ***** MBeCW*****0 3.1 -1.4 6389 0.0 1 OCBC Bk MB eCW*****1 14.3 0.5 5926 0.2 1040 6
        202 words
      • Article
        Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
        373 11 In local curr In S$ In US$ dy yr dy yr dy yr Jun 24 Index Change Change Change Change Change Change World Preliminary 1357.3 -0.2 6.4 0.1 6.4 -0.3 4.8 EAFE Preliminary 1099.8 -0.2 11.4 0.0 9.5 -0.3 7.8 Europe Preliminary 1521.0 -0.3 10.1
        373 words
    • BANK RATES
      • Article
        Lock icon SIBOR
        36 11 Jun 25 1 mth 1 mth 0.***** 2 mths 3 mths 0.***** 6 mths 0.***** 9 mths 12 mths 1.***** SWAP Offer rates 1 mth 0.***** 3 mths 0.***** 6 mths 0.***** Source: Thomson Reuters
        36 words
      • Article
        Lock icon INTERBANK RATES
        154 11 Jun 25 $S Offer Bid 0vernight 0.15 0.10 1-month 0.6875 0.5625 2-months 0.75 0.625 3-months 0.8125 0.6875 Overnight mode: 0.10 US$ Offer Bid 7 days 0.22 0.12 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 0.80 0.60 12
        154 words
      • Article
        Lock icon GOVERNMENT SECURITIES
        61 11 Jun 25 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0Z 2.375 01-Apr-17 102.56 5-Year N*****0H 1.625 01-Oct-19 99.67 10-Year NX*****Z 2.375 01-Jun-25 97.62 97.70 97.70 15-Year NY*****E 2.875 01-Jul-29 99.55 20-Year NZ*****V 3.375 01-Sep-33 104.62 104.75 104.68 30-Year NA*****N 2.750 01-Apr-42
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    • AGRI METALS ENERGY
      • Article
        Lock icon COMMODITY FUTURES
        227 11 Jun-24 FT.*. f** c4Mi«o wtiTrace Agricultural r.i 1 l SfijtilMtllil ()Jo fi wisrs <0*V Jon UV>CS)S it ill w#i tiv.svil'i) HJ» T ww/Jins mil wr«ji (ito mnitnuj SNilU 3Ui ssuwan UFHiinniL'wnrei 2VAC0 2 ioa ijfrt' iun-24 1/WP/lDli UFffi.WWtWtwintfl Wpn sirr* •,-< 5# I iri-T Wnw r *ji) (I
        227 words
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      182 6 c Q> ><r> I s> 1 a n X <* THE BUSINESS TIMES o WlNE Challenge 2015 CEOs’ Choice «-lN^ 4 a t mm m o -JI sp A N Enter your most exceptional wines for the third edition of The Business Times Wine Challenge 2015 CEOs' Choice awards, in
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      6013 8 Voluntary Conditional General Offer by Deutsche Bank AG, Singapore Branch China International Capital Corporation (Singapore) Pte. Limited DBS Bank Ltd. for and on behalf of JCET-SC (Singapore) Pte. Ltd. (Company Registration No. *****7735C) (Incorporated in the Republic of Singapore) to acquire all the issued and paid-up ordinary shares in the
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      2237 9 9.2 The SIC has on 11 June 2015 further confirmed that: (a) the Proposed Pre-Acquisition, the SAFE Undertaking and the Put Option do not constitute special deals pursuant to Rule 10 of the Code; and (b) the Offeror and its concert parties (on the one hand) and STSPL and its
      2,237 words
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  • BANKING & FINANCE
    • Article, Illustration
      Lock icon Alibaba affiliate launches Internet bank for SMEs
      359 12 MYbank has four billion yuan of registered capital and will offer loans of up to five million yuan REUTERS Hangzhou ALIBABA Group Holding Ltd’s financial affiliate on Thursday launched Internet bank MYbank, targeting China’s small and medium-sized enterprises (SMEs) that have struggled to
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      Lock icon Citic to invest 700b yuan in China’s ‘One Belt, One Road’
      388 12 The Silk Road move will involve about 300 projects extending from S’pore to Turkmenistan REUTERS Beijing CHINA’S Citic Ltd, the state-owned conglomerate, said on Wednesday that its banking, securities, trust and construction divisions will jointly invest more than 700
      REUTERS  -  388 words
    • Article
      Lock icon Citigroup ascends league table as M&A drives fees in Middle East
      483 12 BLOOMBERG Dubai CITIGROUP Inc is scaling the league table for investment banking fees in the Middle East after finishing 13th behind competitors including Qatar National Bank SAQand Abu Dhabi Islamic Bank PJSC last year. The US bank more than
      BLOOMBERG  -  483 words
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      3284 12 The Business Times NOTICES Toll free 1800-289-8822 Email noticestSsph.com.sg www.sphdass.com.sg/notices IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF COMEXINDO MONMOUTH TRADING PTE. LTD. (Registration No. *****2851E) (In Member’s Voluntary Liquidation) NOTICE OF RESOLUTIONS [Pursuant to Section 290(2)(b)] An Extraordinary General Meeting of the Company
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  • ENERGY & COMMODITIES
    • Article, Illustration
      Lock icon Australia passes RET, unblocks A$14b in projects
      401 13 Legislation on renewable energy target ends months of policy uncertainty that has paralysed investment in renewable energy projects BLOOMBERG Sydney WIND and solar developers in Australia can now get to work on more than A$14 billion (S$14.5 billion) in projects after a new
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    • Article
      Lock icon Wilmar books shipment for its record sugar deal
      383 13 REUTERS Singapore WILMAR International Ltd said that it has booked for shipment almost all the 1.9 million tonnes of sugar that it scooped up two months ago in the biggest ever exchange deal, even as traders fret about weak demand and low
      REUTERS  -  383 words
    • Article, Illustration
      Lock icon Sugar exports from India seen doubling
      445 13 BLOOMBERG New Delhi SUGAR exports from India may double as farmers prepare to harvest the third-biggest crop ever, extending the country’s surplus for a sixth year. Shipments will be two million tonnes in the 12 months starting Oct 1, going by the median of
      BLOOMBERG; PHOTO: REUTERS  -  445 words
    • Article
      Lock icon US West Coast refiners snap up Russian crude to avoid seasonal shortage
      468 13 REUTERS Singapore REFINERS on the US West Coast and Hawaii have stepped up purchases of Russian crude, taking advantage of a narrow gap between US and global prices to guard against a seasonal shortage of Alaskan supply, trade
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    • Article
      Lock icon Qatar Petroleum sets sights on overseas expansion
      189 13 WP Doha, Qatar QATAR Petroleum, the world’s biggest producer of liquefied natural gas, plans to expand overseas after a restructuring that included the takeover of its foreign investment arm and the firing of some workers. The unspecified job cuts were one part of
      WP  -  189 words
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  • TECHNOLOGY
    • Article, Illustration
      Lock icon Counting the cost of hacking
      652 14 After hackers stole an Australian firm’s designs, it was forced to slash prices to compete with counterfeits REUTERS Sydney HACKERS steal US$160 billion worth of intellectual property from Western companies every year, according to cyber-security experts. The damage, they say, is incalculable, and Western governments
      REUTERS; PHOTO: REUTERS  -  652 words
    • Article
      Lock icon Google expands its reach with 14th data centre
      486 14 NYT New York GOOGLE is on a building binge. The search giant announced on Wednesday that it was opening a 14th data centre. This one is in Alabama, inside a former coal-fired power plant. Google has also cut a deal with the
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    • Article
      Lock icon App helps farmers collect and retrieve data
      494 14 NYT Ann Arbor ONE day in 2011, Jesse Vollmar’s uncle was complaining about how difficult the family farm’s new data management software was to use. Despite taking a course taught by the software provider, he still could not figure out how to get
      NYT  -  494 words
    • Article
      Lock icon Apple signs thousands of indie labels in royalty deal
      313 14 NYT New York JUST a few days after Apple changed its policy on royalties after a public complaint by Taylor Swift, the company has signed thousands of independent record companies around the world for its new streaming service, Apple Music. The
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      1175 14 The Business Times NOTICES THE BVI BUSINESS COMPANIES ACT, 2004 One KLIFD Limited (The “Company”) NOTICE OF LIQUIDATOR’S APPOINTMENT Notice is hereby given pursuant to Section 204(1)(a)(i) that David Gaskell of 1st Floor, Block B, Ruisseau Creole Complex Black River, Mauritius has been appointed liquidator of the Company by a
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      272 14 IN THE GRAND COURT OF THE CAYMAN ISLANDS FINANCIAL SERVICES DIVISION CAUSE NO. FSD 74 OF 2015 (NRLC) IN THE MATTER OF THE COMPANIES LAW (2013 REVISION) AND IN THE MATTER OF OPN LTD TAKE NOTICE that a petition for an order that OPN LTD whose registered offices is situated
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  • CONSUMER
    • Article, Illustration
      Lock icon Whole Foods accused of overcharging in NY stores
      355 16 NYT New York THE New York Department of Consumer Affairs accused Whole Foods Market on Wednesday of overstating the weight of some prepackaged products sold in the company’s stores in the city. Tests of 80 prepackaged products bought in the company’s nine
      NYT; FILE PHOTO  -  355 words
    • Article, Illustration
      Lock icon As economy loses lustre, Japanese swap gems for yen
      790 16 Exports of used diamonds are up 77 per cent this year, according to Ministry of Finance data BLOOMBERG New York DIAMONDS are not necessarily forever. At least not in Japan, where jewellery owners are unloading unwanted jewels for cash at a
      BLOOMBERG; PHOTO: BLOOMBERG  -  790 words
    • Article
      Lock icon Chocolate that doesn’t melt in your hands when it gets hot
      635 16 BLOOMBERG New York GROWING up, Frederic Depypere didn’t fret much about messy chocolate. In rainy Belgium, the temperature rarely got high enough to melt a candy bar. But on a visit to steamy Shanghai five years ago, he realised
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    • Article
      Lock icon Cheap, China-made drug gains following in Florida
      392 16 AFP Fort Lauderdale, US AS drugs go, it’s dirt cheap, potent and deadly. And it creates surreal, pitiful scenes like this: a man running down the street buck naked, fleeing from imaginary dogs. This addictive synthetic drug known on the streets as “flakka”,
      AFP  -  392 words
  • Page 16 Advertisements
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      33 16 DADS AT 50 GREAT EXPECTATIONS FROM TELUGU STAR SONAL CHAUHAN Three Indian Singaporeans on late parenthood GET YOUR COPY TODAY FROM ALL 7-ELEVEN OUTLETS TO ADVERTISE: CALL SHAN (*****861) KALWANT (*****327) NISHAL (*****438)
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      125 16 r F r jp ASIA 2 0 15 29-31 JULY 2015 Marina Bay Sands, Singapore Sands Expo and Convention Centre Level 1, Hall A Optimise your profit through automation! 0DBP badov -ov9li* ALC Free* admission! Register now! www.OfficExpoAsia.com/reg/2 Interested to exhibit? Tel: (65) 6848 5939 Email: OEA@bizlink.com.sg Organised By: Block
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      27 16 SINGAPORE BL G AWARDS m in sp is ts m 2 0 15 WHICH WILL BE THE TOP 10 MOST POPULAR BLOGS? KT < > B/u-r&y 30 H\ www.omy.sg
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  • REAL ESTATE
    • Article
      Lock icon Asia leads world in value of building spats
      522 17  -  US$86m average is 3 times that of North America; failure to administer contracts properly top reason for disputes By Ong Hui Qun ohuiqun@sph.com.sg Singapore ASIA has the world’s most expensive construction disputes, averaging a value of US$86 million, said Arcadis, a global
      522 words
    • Article
      Lock icon Huge Chinese demand for Aussie homes swamps crackdown against illegal buyers
      562 17 BLOOMBERG Sydney SURGING Chinese demand for Australian homes is dwarfing efforts to root out illegal buyers as the government struggles to avert a backlash against unaffordable housing. Since announcing a crackdown on unlawful home purchases in February, the government
      BLOOMBERG  -  562 words
    • Article
      Lock icon China’s Wanda Group to buy more sports firms
      288 17 AFP Shanghai CHINESE property and entertainment giant Wanda Group, which formally took a 20 per cent stake in Spanish football club Atletico Madrid in April, will buy at least three more sports companies this year, its chairman has said. “Within this year,
      AFP  -  288 words
    • Article
      Lock icon Dubai ready for drop in home prices
      701 18 Analysts expect prices to fall by as much as 20%; oversupply, lower oil prices, weaker currencies in Europe and Russia cited for slide BLOOMBERG Dubai FACED with predictions that Dubai home prices may drop as much as 20 per cent this year, analysts
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    • Article
      Lock icon Crown Estate achieves higher total returns
      162 18 BLOOMBERG London THE Crown Estate, the property company that generates income for Queen Elizabeth II, said the value of its real estate surged 17 per cent to a record 11 billion (S$23.2 billion). Total return, a combination of rental income and value increases, from
      BLOOMBERG  -  162 words
  • Page 17 Advertisements
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      220 17 It is time again to celebrate high achieuers in the Malay/Muslim Community uuho haue distinguished themselues through their exemplary work in education, business, arts and culture, sports, social uuork or a specialized profession. SUBMIT YOUR NOMINATIONS NOUU. If you know of any individual or organization deserving a place on the
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      750 18 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements The Business times CLASSIFIED BUY IT SELL IT FIND IT 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 Cornwall gardens GCB
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      274 18 D02 OFFICE FOR RENT DUXTON HILL Brand new designer office suites for short term lease From $4K. Michelle Yow ERA 9672 7962 D03 SHOP FOR RENT 279 281 OUTRAM ROAD 976 1321 sf shop Along main rd. Brand new. Attached toilet Aircon. Outram MRT Tiong Bahru mkt. YKI 6848 4666
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  • VEHICLE & LIFESTYLE
    • Article, Illustration
      Lock icon Self-confidence isn’t a bad thing
      967 19  -  By Jean Selvam THE STAR/ASIA NEWS NETWORK EARLIER this month, I had an interesting conversation with a few secondary school students regarding self-confidence. They all had different perceptions on this subject. Some felt that self-confidence meant being bossy, while others believed that only certain personalities
      THE STAR/ASIA NEWS NETWORK  -  967 words
  • Page 19 Advertisements
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      477 19 The Business times Call Toll-free 1800-289-9988 To Place Your Classified Advertisements CLASSIFIED BUY IT SELL IT FIND IT BENTLEY FOR SALE FLYING SPUR V8 VINCAR New Bentley Flying SPUR V8 Mulliner. 10% deposit. Monthly $7,635 x 120. Pls Call 6473 1119 6749 1119. BMW FOR SALE BMW 335I Coupe 9/’11
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      92 19 ITEMS WANTED LIQUOR WANTED Highest Offer! Old and New Liquor Martel/ XO Hennessy etc./ Also wanted Korean Ginseng. CALL: *****092 LAUNDRY SERVICES ISLANDWIDE SERVICES Islandwide curtain laundry pick up/ delivery. 10-10pm. Call 6255-4222. www.justrelax.com.sg PETS PET CARE KOI FARM Biggest, Cheapest Largest in Singapore New arrival from Japan!! Nippon Koi
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  • GOVERNMENT & ECONOMY
    • Article, Illustration
      Lock icon Consumer spending in US shows biggest gain in nearly six years
      815 20 Higher stock, home prices lift household wealth; rise in employment helps boost spending LATEST US DATA BLOOMBERG Washington HOUSEHOLD spending climbed in May by the most in almost six years, buoyed by gains in incomes as the US job
      BLOOMBERG; PHOTO: AFP  -  815 words
    • Article, Illustration
      Lock icon Europe’s bankers fear Brexit more than Grexit
      531 20 REUTERS Frankfurt THE possibility of Britain leaving the European Union sometime in the future worries European bankers a great deal more than the prospect that Greece might be on its way out soon. Britain’s inclusion in the EU is more important to the
      REUTERS  -  531 words
    • Article
      Lock icon China’s economy may soon have reliable data on jobs
      625 20 BLOOMBERG Beijing CHINA’S statistics authority is seeking to improve its employment data as Premier Li Keqiang pushes for a better reading of the world’s largest labour market. Starting in July, some 15,000 surveyors will fan out across China each month with
      BLOOMBERG  -  625 words
    • Article
      Lock icon S Korea announces US$14b package to boost growth
      572 20 Economy is being weighed down by deadly Mers outbreak, says minister AFP Seoul SOUTH Korea on Thursday announced a US$14 billion stimulus package to boost its troubled economy, hammered by the deadly Middle East Respiratory Syndrome (Mers) outbreak which has dented consumer
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  • TRANSPORT
    • Article, Illustration
      Lock icon AirAsia CEO casts other work aside amid accounting worries
      834 21 Fernandes says he will spend more time on repairing financial damage to airline; shares are down 24% since June 10 REUTERS Singapore AIRASIA Bhd boss Tony Fernandes has told staff and analysts he will spend more time working on the budget
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    • Article, Illustration
      Lock icon Boeing to further slow 747 production in 2016
      433 21 REUTERS Seattle BOEING Co said on Wednesday that it would slow production of its 747-8 jumbo jet by 23 per cent to one per month starting in March, an effort to keep the production line running amid sluggish demand for the iconic,
      REUTERS; REUTERS FILE PHOTO  -  433 words
    • Article
      Lock icon General Motors developing wireless download of new features
      316 21 REUTERS Detroit GENERAL Motors Co is developing technology to allow new features to be downloaded wirelessly, the carmaker’s head of vehicle development said on Wednesday. GM global product development chief Mark Reuss said the company is developing a new electrical architecture for
      REUTERS  -  316 words
    • Article
      Lock icon SIA Cargo clinches award for Best Air Cargo Carrier in Asia
      126 21 Singapore SINGAPORE Airlines Cargo was voted “Best Air Cargo Carrier Asia” in the 2015 Asian Freight, Logistics and Supply Chain (AFLAS) Awards by readers of logistics and cargo supply chain newspaper Asia Cargo News. “We are honoured to receive
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    • Article
      Lock icon East European ports hit by 2014 drop in visitors and spending
      363 21 REUTERS Frankfurt EUROPEAN cruise destinations such as Santorini, Lisbon and Oslo suffered dwindling visitor numbers and spending last year for the first time in a decade as Americans cancelled trips to the Baltic and Mediterranean over geopolitical concerns. Visits
      REUTERS  -  363 words
    • Article
      Lock icon North Korea’s ‘landmark’ airport terminal to open on July 1
      543 21 AFP Seoul NORTH Korea’s showcase new airport terminal, which had to be partly demolished and rebuilt at leader Kim Jong-un’s whim, is to open on July 1, state media said on Thursday. Mr Kim called for a grand opening of
      AFP  -  543 words
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  • OPINION
    • Article
      Lock icon Companies need to go the extra mile to rope in more women
      598 22 OVER the last 50 years, Singapore has fared well on many fronts when it comes to gender equality. Singaporean women today have equal access as men when it comes to areas such as education, health care, jobs and
      598 words
    • Article, Illustration
      Lock icon Different generations, same people
      824 22  -  Recently, I was told by a Gen X boss that older people cannot connect with Gen Y and so cannot teach them. This is rubbish. It is not a problem of the staff, it is a disengagement by bosses from their responsibility for staff development. THE
      824 words
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      Lock icon Achieving a robust and vibrant securities market
      1414 22  -  While MAS and SGX have introduced new measures to strengthen the market, the various industry stakeholders should also work together.BY ONG CHONG TEE together.BY ONG CHONG TEE T The writer is deputy managing director (financial supervision), Monetary Authority of Singapore THE Monetary Authority
      PHOTO: BLOOMBERG  -  1,414 words
    • Article, Illustration
      Lock icon Why small booms cause big busts
      997 23  -  Historically, when a recession is caused by the collapse of an asset bubble that was not fuelled by a credit boom, the economy is roughly 1-1.5 per cent below what it otherwise would have been five years after the start of the downturn. When
      PROJECT SYNDICATE  -  997 words
    • LETTERS TO THE EDITOR
      • Article
        Lock icon Singapore banks must move faster on digital technology
        377 23  -  Rohith Murthy Managing director, Singsaver.com.sg DAVID Lee raises several valid points in his article “Singapore banks need to quicken response to disruptive innovations” (BT, June 25). Digital disruption has already happened in other industries, ie music and publishing. We have seen new
        377 words
      • Article
        Lock icon Singtel performance shares: what’s the moratorium?
        97 23  -  Gerrard Ball I WOULD like to thank Singtel’s chairman, Simon Israel, for enlightening readers further on his CEO’s pay structure, in his letter “Hike in Singtel CEO’s pay is not based on profit alone” (BT, June 24). I note that Mr Israel says that
        97 words
    • Article, Illustration
      Lock icon The future of intelligent automation: making businesses more agile
      939 23  -  A blended model of automation involving robots, analytics and humans can provide optimal outcomes.BY outcomes.BY SEAN MIDDLETON TThe writer is COO, emerging business accelerator, at Cognizant WE are entering a new era of human-machine interface for repetitive and rote processes. More
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    • Article
      Lock icon Sovereign reserve funds – the elephant in the room
      778 23  - Sovereign reserve funds the elephant in the room COMMENTARY By Paul Donovan TThe writer is senior global economist at UBS CENTRAL banks and sovereign wealth funds are one of the most significant investor groups in global financial markets today rivalling institutional investors such as pension funds and insurers on size.
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  • Article
    Lock icon THE BUSINESS TIMES SHIPPING TIMES
    1896 24 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 KUC MUA KK JKT MALAYSIA STAR 47 50 10/7 11/7 16/7 18/7 19/7 CALMY CORAL 90 60
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  • Page 24 Advertisements
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      290 24 MARKET! I MAKING LIFE SMOOTH SAILING FOR SEAFARERS The life of a seafarer is unique. Sailing across oceans and visiting foreign lands might seem like a romantic notion, but the stark reality is that one may have to part with family and friends for long periods of time when duty
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      239 25 S\NG Donate at least $20 to charity and get a ticket to SingSO to be held at the National Stadium on 7 August 2015! Tickets will be distributed on a first-come, first-served basis, with a maximum of 10 tickets per person. The donation drive will end upon full distribution of
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  • Page 27 Advertisements
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      30 27 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?
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  • Page 27 Miscellaneous
    • Miscellaneous
      Lock icon Page 27 Miscellaneous Column 1
      312 27 CRYPTIC CROSSWORD Across 1 Awakening of love in Laura’s unexpected (7) 5 Tommy’s upset about parking warning sign (7) 9 Teacher’s expression of disgust with our skipping university (5) 10 Stores periodically issued? (9) 11 Business residence (10) 12 How to express satisfaction at a stroke? (4) 14 Possibly she
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  • BT Lifestyle
    • CELEBRATING SG50 ON THE BIG SCREEN
      • Article, Illustration
        Lock icon Ensemble cast breathes new life into old movies
        714 30  -  Three upcoming local films family comedy Our Sister Mambo, dramatic thriller 1965, and omnibus drama 7 Letters will pay tribute to Singapore and Singaporeans in their own unique ways By Avanti Nim avantin@sph.com.sg CATHAY’S upcoming ensemble comedy Our Sister Mambo features the
        714 words
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        Lock icon Directors’ gift to nation and charities
        631 30  -  By Dylan Tan dylantan@sph.com.sg @DylanTanSYBT SE V E N o f S i n g a p o r e s best-known directors are putting their collective creative weight behind an ambitious film project. But they will not take a single cent back even
        631 words
      • Article, Illustration
        Lock icon Turning history into a dramatic thriller
        592 30  -  By Dylan Tan dylantan@sph.com.sg @DylanTanSYBT LIKE Ben Affleck’s Argo (2012) and Steven Spielberg’s Munich (2005), historic events can sometimes be turned into edge-of-the-seat big-screen thrillers. 1965 aims to do the same, given that the plot covers the period of unrest that pre-separation Singapore went
        592 words
    • CITY LIFE
      • Article, Illustration
        Lock icon A celebration of restaurant food in S’pore
        787 26  -  In line with the SG50 bash, 50 restaurant brands will showcase 50 new dishes. BY TAY SUAN CHIANG BY TAY SUAN CHIANG taysc@sph.com.sg @TaySuanChiangBT IT’S SG50 time, and foodies are not excluded. Not when the first-ever Singapore Restaurant Month unleashes some 50 specially
        787 words
      • BT writers’ picks of what to see, do or talk about CITY BUZZ
        • Article, Illustration
          Lock icon STAGE GEMS
          327 26  -  By Helmi Yusof THEATRE The imagination of The Future and Another Country THIS is a great weekend for theatre. Wild Rice has just begun its run of Another Country, and the Singapore International Festival of Arts pre-fes-tival OPEN is showing for three nights only The Imagination of the
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        • Article, Illustration
          Lock icon Pizza Mania
          396 26  -  DINING By Tay Suan Chiang YOU can never have too much pizza in Singapore, it would seem, and two new pizzerias attest to that. At Baker Cook’s Plank Sourdough, owner Dean Brettschneider believes in keeping things simple. Apart from the daily specials, the menu only has six pizzas,
          396 words
        • Article, Illustration
          Lock icon Her world Golf Challenge 2015
          111 26  -  SPORT By Dylan Tan ONE of the most popular and unique golf events in Singapore returns with a slight twist this year. The Her World Golf Challenge will have a Mad Hatter theme so female players are encouraged to round up their girlfriends, put on
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        • Article, Illustration
          Lock icon K+ Workshop
          175 26  -  WORKSHOP By Tay Suan Chiang BOUTIQUE design and advertising agency Kinetic introduced K+, a new venture, to bring art into the shopping area. Now, it wants to bring workshops into the shopping realm as well. It is starting K+ Workshop. Recognising the growing interest in all things handmade
          175 words
        • Article, Illustration
          Lock icon wanderwine
          128 26  -  WINE By Rachel Loi www. wanderwine. com NEXT time you think of hosting a dinner party, how about saving yourself the trouble of going to a supermarket or bottle shop, and visit the online wine specialty store wanderwine instead. There, you can pick from an inventory of sommelier-curated wines
          128 words
    • ARTS /WINE
      • Article, Illustration
        Lock icon Looking good on paper
        703 27  -  Print and papermaking institute STPI’s current show is a display of strength. EXHIBITION BY HELMI YUSOF helmi@sph.com.sg @HelmiBT ONE of the best art exhibitions at the moment is STPI’s annual summer show. From the moment you step into the Robertson Quay gallery, your eyes are greeted
        703 words
      • Article, Illustration
        Lock icon Bordeaux wine fair fights off newcomers
        827 27  -  By Dave McIntyre WP Bordeaux, France EARLIER this month was Vinexpo week, a five-day trade fair held every odd-num-bered year since 1981 in a cavernous exhibition hall along a manufactured lake on the northern outskirts of this historic city, once the centre of the
        WP; PHOTO: AFP  -  827 words
      • Article
        Lock icon The new economic indicator: beer sales
        402 27 BLOOMBERG Singapore FIGURING out where an economy’s going to go can be tricky. You could look at GDP growth trends, home sales, company earnings forecasts and still have only a vague idea. But there’s another gauge that is perhaps a more accurate indicator: beer
        BLOOMBERG  -  402 words
    • ARTS
      • Article, Illustration
        Lock icon 50 notable Peranakans from Singapore’s history
        705 28  -  Peranakan Museum runs a showcase of its people, rather than their culture. EXHIBITION BY CHEAH UI-HOON uihoon@sph.com.sg THERE’S much to behold about the Peranakan culture its architecture, customised furniture and decorative items, textiles and ceramics, jewellery. But what seems less celebrated is its people,
        705 words
      • Article, Illustration
        Lock icon Lives of devadasi women interpreted through choreography
        510 28  -  DANCE By Helmi Yusof helmi@sph.com.sg @HelmiBT AN almost 70-year-old French play has inspired two Indian dancers to create a new work that comments on socio-religious issues in India. The Maids, a 1947 play by French writer and philosopher Jean Genet, centres on two
        510 words
      • Article, Illustration
        Lock icon Transforming childhood memories to art
        639 28  -  By Cheah Ui-Hoon uihoon@sph.com.sg FROM fish to chickens, and now a mini zoo. Photographer Ernest Goh has successfully incorporated flora and fauna into his art making, which stems from his interest in shooting animals. Besides 2D photographic prints, he uses 3D objects in his first
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    • ENTERTAINMENT
      • Article, Illustration
        Lock icon More than star power needed to revive old franchise
        566 29  -  CINEMA By Dylan Tan dylantan@sph.com.sg @DylanTanSYBT JUST when the Terminator franchise looked headed for the scrapyard faster than a 10-year-old car after the last two sequels (2003’s Rise of the Machines and 2009’s Salvation) failed to live up to its predecessors
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      • Article, Illustration
        Lock icon More than just performing live
        873 29  -  Much of the T’ang Quartet’s time is devoted to doing outreach work in schools and exploring interesting ways to present music.BY MUSIC music.BY CHEAH UI-HOON uihoon@sph.com.sg ALONG with other musicians around the world, the T’ang Quartet is doing their bit to keep the joy of
        873 words
      • Article, Illustration
        Lock icon 2 sitcoms set to tickle viewers
        526 29  -  TELEVISION By Dylan Tan dylantan@sph.com.sg @DylanTanSYBT YOUR television is going to start looking a lot like your cineplex with two new star-studded HBO series making their season premieres. Ballers stars former WWE wrestler Dwayne “The Rock” Johnson while The Brink has Oscar winner Tim
        526 words
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