The Business Times, 19 February 2016

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Microfilm: NL33778
Total Pages: 26
1 26 The Business Times
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  • Title Section
    Lock icon Masthead
    23 1 THE BUSINESS TIMES S$1.00 A SINGAPORE PRESS HOLDINGS PUBLICATION www.businesstimes.com.sg @BusinessTimes CO REGN NO *****2868E MCI (P) 039/08/2015 G GFriday, February 19, 2016
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  • Article
    Lock icon MARKETS
    27 1 Thursday Change STI 2,657.57 +43.78 KL COMP 1,680.02 +15.70 NIKKEI 225 16,196.80 +360.44 HANG SENG 19,363.08 +438.51 SHENZHEN B 1,158.43 +6.46 DOW (10.45 EST) 16,468.39 +14.56
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  • Article, Illustration
    Lock icon DAILY DIGEST
    237 1 The OECD calls for an “urgent policy response” by advanced and emerging economies to rescue the global economy from continued stagnation, as it trimmed its growth projections for most economies. TOP STORIES 2 The Singapore government unveils a spectrum allocation framework that will allow the entry of a
    237 words
  • Article
    Lock icon Incumbents Aviva, AIA fight rivals for joint Mindef, MHA tender
    538 1  -  The two insurers, along with Great Eastern, Tokio Marine Life and NTUC Income, said to have put in bids to provide group-employee benefits By Claire Huang huangjy@sph.com.sg @ClaireHuangBT Singapore THE pressure is on for incumbent insurers Aviva and AIA to
    538 words
  • Article, Illustration
    Lock icon SG50 notes: Too much of a good thing?
    669 1  -  By Jacquelyn Cheok jaccheok@sph.com.sg @JacCheokBT Singapore THOSE SG50 notes that were supposed to be a special edition? Well, there’s now too many of them. Despite the long queues which formed when they were first issued, demand turned out to be underwhelming, or
    BT Illustration: Simon Ang  -  669 words
  • Page 1 Advertisements
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      322 1 8 "887 1 8 1 *****4" PROPERTY HEADWINDS Developers looking at S$100m of extension charges TOP STORIES 2 START YOUR NEW YEAR LOOKING FORWARD TO PROSPERITY Your relationship with ANZ Signature Priority Banking gives you the benefit of expert and customised wealth management solutions, together with exceptional and personalised service.
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      12 1 FLIGHT HANDLING PROJECTION Singapore can double capacity: Josephine Teo TOP STORIES 5
      12 words
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      30 1 HOCK LOCK SIEW UE now a pure property play COMPANIES MARKETS 6 HOUGANG EC TENDER Rare site draws bullish top bid REAL ESTATE 14 ART FAIR PHILIPPINES BT LIFESTYLE 26
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  • TOP STORIES
    • Article, Illustration
      Lock icon Developers looking at S$100m of extension charges
      830 2  -  Sum based on 700 unsold units affected by QC rules this year; absd claw-back could hit another 6,000 units in 2017-18 By Lynette Khoo lynkhoo@sph.com.sg @LynetteKhooBT Singapore THE pressure is mounting for property developers to dispose of leftover units in projects that fall
      PHOTO: ARTHUR LEE  -  830 words
    • Article, Illustration
      Lock icon Fed to weigh financial markets in rate decisions: Jan minutes
      741 2 AFP REUTERS Washington FINANCIAL markets turmoil has clouded the US economic outlook and will be a key factor in charting interest rate increases, the minutes of the Federal Reserve’s January meeting showed on Wednesday. Participants at the Jan 26-27 meeting
      AFP; REUTERS; PHOTO: REUTERS  -  741 words
    • Article
      Lock icon Bank Negara sees challenging environment as Q4 slows
      693 2  -  By Pauline Ng btworld@sph.com.sg Kuala Lumpur MALAYSIA’S central bank warned on Thursday that the economy faces “a challenging operating environment in the immediate future”, following a moderation in growth to 4.5 per cent in the fourth quarter of last year from 4.7
      693 words
    • Article
      Lock icon OECD calls for urgent, joint action to arrest slowdown
      691 2  -  By Anthony Rowley btworld@sph.com.sg Tokyo THE Organisation for Economic Cooperation and Development (OECD) called on Thursday for an “urgent policy response” by advanced and emerging economies, acting in concert, to rescue the global economy from continued stagnation, as it trimmed its
      691 words
    • Article
      Lock icon Correction
      27 2 IN “Vaio close to Toshiba, Fujitso deal to form PC giant” (BT, Feb 17), we misspelt Fujitsu in the headline. We are sorry for the error.
      27 words
    • Article
      Lock icon IDA paves way for 4th mobile network operator
      490 4  -  With spectrum allocation framework unveiled, 4th-telco hopeful MyRepublic makes tracks to raise funds for bid By Jacquelyn Cheok jaccheok@sph.com.sg @JacCheokBT Singapore THE Republic is set to welcome a fourth telco this year. After the market closed on Thursday, the Infocomm Development Authority
      490 words
    • Article
      Lock icon Four more professional guilds join NTUC’s U Associate Programme
      480 4  -  By Lee U-Wen leeuwen@sph.com.sg @LeeUwenBT Singapore FOUR more professional guilds officially joined the National Trades Union Congress’s (NTUC) U Associate Programme on Thursday, taking the total number on board to 26. The programme involves associations from industries such as engineering, IT
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    • Article, Illustration
      Lock icon China’s Jan inflation rises 1.8% on holiday demand
      436 4  -  By Virginie Mangin btworld@sph.com.sg Beijing CHINA’S inflation picked up in January due to the New Year holiday, but deflationary pressures remained with the producer price index still in negative territory. The consumer price index was up 1.8 per cent last month against
      PHOTO: REUTERS  -  436 words
    • Article
      Lock icon Indonesia’s rich feeling pinch of govt levies on high-end goods
      862 4  -  By Jeff Hutton btworld@sph.com.sg Jakarta FOR Dimas Sinaro, owning a HarleyDavidson boiled down to one word: pride. “It shows you’re successful,” said the shipping line owner on a recent Saturday at a showroom in south Jakarta. “To have a Harley
      862 words
    • Article
      Lock icon Improved air traffic management crucial to growing flights
      611 5  -  Josephine Teo says Changi Airport can double flights handled yearly to 700,000 by the end of next decade SINGAPORE AIRSHOW 2016 By Soon Weilun soonwl@sph.com.sg @SoonWeilunBT Singapore SINGAPORE can double the number of flights handled annually to 700,000 by the end of
      611 words
    • Article
      Lock icon Embraer mulls over MRO partner in Singapore
      482 5  -  By Nisha Ramchandani nishar@sph.com.sg @Nisha_BT Singapore AMID growing demand from South-east Asia, Brazilian jet maker Embraer is considering Singapore as a potential location to appoint another maintenance, repair and overhaul (MRO) partner to service its jets in the region. Embraer has a fleet
      482 words
    • Article
      Lock icon 12 players join Seletar Aerospace Park
      316 5 Singapore TWELVE aerospace companies are setting up shop at the 320-hectare Seletar Aerospace Park (SAP), which boosts the number of local and global companies housed there to 62. These 12 companies range from service providers of MRO (maintenance, repair and overhaul) components to aircraft
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    • Article
      Lock icon Gulfstream enjoying good run in Asia
      346 5  -  By Nisha Ramchandani nishar@sph.com.sg @Nisha_BT Singapore US-based business jet-maker Gulfstream has more than doubled its fleet in Asia over the last five years, going from 140 aircraft in this part of the world to the current 290 in that time. Within South-east Asia, Singapore
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    • Article
      Lock icon Ramco, Air France unit open innovation lab in Singapore
      310 5  -  By Grace So graceso@sph.com.sg Singapore GLOBAL aviation software specialist Ramco Systems officially opened its new innovation lab in Singapore to develop aviation IT solutions, with Air France Industries KLM Engineering Maintenance (AFI KLM E&M) as its first anchor partner. The MRO
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    • Article, Illustration
      Lock icon Garuda aims to bypass Singapore on flights to Europe: CEO
      682 5  -  By Soon Weilun soonwl@sph.com.sg @SoonWeilunBT Singapore SINGAPORE will no longer serve as a stopover for Garuda’s flights from Jakarta to Europe by the end of this year if the Indonesian capital’s airport manages to improve its runway by then, that
      PHOTO: YEN MENG JIIN  -  682 words
    • TTSHORT HOPS
      • Article
        Lock icon Vietjet inks US$3b contract for P&W engines
        46 5 VIETJET Aviation Joint Stock Company has signed an agreement with Pratt Whitney to provide PurePower Geared Turbofan engines for 63 Airbus A320neo and A321 aircraft. The agreement is worth US$3.04 billion and deliveries are expected to begin in 2017.
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      • Article
        Lock icon S’pore to deploy space-based aircraft tracking system by 2018
        83 5 THE Civil Aviation Authority of Singapore and aircraft-tracking systems provider Aireon will collaborate to deploy a space-based aircraft surveillance system for Singapore’s Flight Information Region (FIR) by 2018. The system, relying on Automatic Dependent Surveillance-Broadcast (ADS-B) service, will provide continuous surveillance
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      • Article
        Lock icon China Aircraft Leasing Group signs deal for V2500 engines
        76 5 CHINA Aircraft Leasing Group Holdings has signed a definitive agreement for International Aero Engines’ V2500 engines to power eight firm A320ceo family aircraft, with deliveries to occur this year and next. This deal, which will also cover 15 aircraft on option,
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      • Article
        Lock icon Stratech expands portfolio of products
        44 5 HOMEGROWN Stratech Group introduced three products the Super EOS, iFerret Hydra and iFerret Mobile which builds on its airfield/runway surveillance and FOD detection system. These are aimed at enhanced border and maritime surveillance as well as airport safety needs.
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  • Page 4 Advertisements
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      115 4 MANCHESTER 1824 Manchester Business School Your programme yoiujrr Our journey together Our transformational learning experience When people talk about 'return on investment', it's usually in terms of increased profits, higher salaries or greater output. Direct, tangible results that can be easily identified, measured and displayed in columns in an annual
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  • COMPANIES & MARKETS
    • Article
      Lock icon UE now a pure property play
      948 6  -  Slimmed down, the conglomerate is ready to be sold; but whether a buyer will emerge is another matter HOCK LOCK SIEW BY CAI HAOXIANG CONGLOMERATES have long been cursed with a discount as investors dislike how disparate businesses can be lumped confusingly together. In
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    • Article
      Lock icon CWT raises 2015 payout; full-year earnings dip 3%
      381 6  -  By Kenneth Lim kenlim@sph.com.sg @KennethLimBT Singapore LOGISTICS provider CWT’s net profit attributable to shareholders dipped 3 per cent to S$108.9 million, or 18.14 Singapore cents per share, for financial year 2015 amid a drop in naphtha volumes and a provision for the
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    • CORPORATE DIGEST
      • Article
        Lock icon Select Group
        59 6 LIONEL Lee Chye Tek, CEO of offshore contractor Ezra Holdings, has sold 20 million shares in food caterer Select Group at S$0.355 a share. His deemed interest in the company dropped from 23.15 per cent to 9.1 per cent. The buyer is Mr Lee’s mother Goh Gaik Choo,
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      • Article
        Lock icon Fragrance Group, Aspial Corp
        202 6 PROPERTY developer Fragrance Group reported a net profit of S$8.7 million for the fourth quarter ended Dec 31, 2015, down 89 per cent from S$79.7 million a year ago. Revenue fell 68 per cent to S$41.1 million, from S$128.5 million a year ago. This included income
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      • Article
        Lock icon Terratech
        140 6 TERRATECH Group said its major shareholder is no longer in talks to sell a 29 per cent stake in the marble producer to SHS Holdings chairman Chew Hoe Soon. Tritech Group, which holds about 63 per cent of Terratech, had informed Terratech in January that it was in discussions
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      • Article
        Lock icon Singapore Exchange
        80 6 SINGAPORE Exchange (SGX) is seeking public feedback on proposed amendments to futures trading and derivatives clearing rules, as well as contract specifications. The amendments are related to the new derivatives trading and clearing systems it is investing in. They include revised price limits for Nifty and MSCI India
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      • Article
        Lock icon Rotary Engineering
        77 6 MAINBOARD-LISTED Rotary Engineering has secured contracts worth about S$65 million for the period November 2015 to early February 2016. The group said one of the new contracts was for a S$19 million jetty and its topside in Jurong Island; another two contracts worth S$33 million involve piping, mechanical,
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    • Article
      Lock icon New ZACD fund to scour for data centres, discounted luxury homes
      784 6  -  By Lynette Khoo lynkhoo@sph.com.sg @LynetteKhooBT Singapore ZACD Group has launched a second fund under the Asia Pacific Real Estate Opportunistic Fund (ARO) series to scour for luxury homes and data centres in Singapore as well as student accommodation in
      784 words
    • Article
      Lock icon SMRT to hire 1,200 staff, raise bus captain salaries
      396 6  -  By Kenneth Lim kenlim@sph.com.sg @KennethLimBT Singapore AMID new competition in the Singapore bus arena, SMRT Corp said it will raise the salaries of its bus captains and hire an additional 1,200 staff for its rail and bus businesses. The land transport
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    • Article
      Lock icon Palm oil price weakness hits Wilmar’s Q4 profit
      635 7  -  But higher volumes in some segments help to cushion impact; net profit drops 16% as revenue slides 12.5% By Melissa Tan melissat@sph.com.sg @MelissaTanBT Singapore WEAK crude palm oil (CPO) prices in the fourth quarter put a dent in earnings for agribusiness group
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    • Article, Illustration
      Lock icon Sembcorp, SembMarine surge 5% despite earnings pullback
      549 7  -  HOT STOCKS By Kenneth Lim kenlim@sph.com.sg @KennethLimBT Singapore THE rally in Sembcorp Industries on Thursday could be the heavy industries conglomerate’s best argument for having a diverse portfolio of business lines. Sembcorp shares climbed 5.1 per cent or 13 Singapore cents to close
      Source: Bloomberg  -  549 words
    • Article, Illustration
      Lock icon OCBC hosts SMEs to Chinese New Year celebration
      415 7  -  By Arthur Lee arthurl@sph.com.sg Singapore OCBC Bank is hosting small and medium enterprise (SME) customers at the iconic Capitol Theatre to celebrate the Chinese New Year. The event is over two evenings Thursday and Friday this week. Ooi Sang Kuang, chairman of
      PHOTO: OCBC  -  415 words
    • Article
      Lock icon Lower VIP volume, bad debt chip away at Genting’s bottom line
      588 7  -  By Anita Gabriel anitag@sph.com.sg @AnitaGabrielBT Singapore SOURED gambling debt and dwindling volume of Chinese high rollers chipped away at Genting Singapore’s final quarter results with the casino giant swinging into the red for the final quarter and posting its
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    • Article
      Lock icon Weaker divestment gains hit Hyflux’s 2015 profit
      403 7  -  By Jamie Lee leejamie@sph.com.sg @JamieLeeBT Singapore WATER treatment firm Hyflux Ltd said on Thursday it remained cautious on the outlook for the water and energy market in 2016, amid falling oil prices, slower economic growth in China as well as volatility and lower
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    • Article, Illustration
      Lock icon STI / Catalist
      63 8 STI Catalist Straits Times Index Feb 18,2016 2,657.57 +43.78 (+1.67%) Current streak 1 day Day high 2,668.22 Day low 2,643.09 52-week high 3,539.95 (Apr 15, 2015) 52-week low 2,532.70 (Jan 21, 2016) FTSE ST Catalist index Feb 18,2016 431.68 +4.49 (+1.05%) Current streak 1 day Day high 433.59 Day low
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    • Article
      Lock icon GAINERS
      74 8 BY CENTS CLOSE UP 52w high/low DBXT MSJAP US$ 4409 141.8 2.3 5277/4031 DBXT E50 US$ 4200 101.1 1.7 5300/3968 DBXT China50 US$ 2550 84.2 2.4 4258/2355 Lyxor Nasdaq US$ 1667 67.4 3.0 1865/1557 GLD US$ ***** 57.5 0.4 *****/***** BY PERCENTAGE CLOSE UP 52w high/low Blumont 0.2 100.0
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    • Article
      Lock icon LOSERS
      75 8 BY CENTS CLOSE DOWN 52w high/low Lyxor Indonesia US$ 7849 -74.4 -0.7 9094/6250 DBXT S&PShort US$ 2240 -44.9 -1.4 2393/2086 Jardine C&C 3896 -19.0 -0.5 4258/2636 JSH USD 2830 -14.0 -0.4 3590/2524 TechOil&Gas eW16 0.2 -11.7 -98.3 29.5/0.2 BY PERCENTAGE CLOSE DOWN 52w high/low TechOil&Gas eW16 0.2 -98.3-11.7 29.5/0.2
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    • Article
      Lock icon UNUSUAL ACTIVITY
      75 8 VOL CLOSE($) CHANGE Sunlight 900.3 0.015 +0.003 +25.00 AsiaFashion Viking Offshore 6,106.6 0.039 +0.004 +11.43 CPH 3,227.1 0.005 +0.001 +25.00 Xinren Aluminium 299.5 0.350 -0.020 -5.41 Hosen 61.0 0.041 -0.007 -14.58 Maxi-Cash Fin 250.0 0.130 +0.010 +8.33 MSM Intl 25.0 0.050 +0.003 +6.38 Blumont 3,762.1 0.002 +0.001 +100.00
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    • Article, Illustration
      Lock icon Firm oil, US rally help STI bounce 1.7%
      629 8  -  But index closes off intraday high after Dow futures slip into the red in the late afternoon STOCKS By R Sivanithy sivan@sph.com.sg @RSivanithyBT ARISE in oil prices and an overnight rally on Wall Street helped the Straits Times Index gain 43.78 points
      Source: Bloomberg  -  629 words
    • Article
      Lock icon STI STOCKS
      308 8 Stock name Close Change Day high/low 52w high 52w low PE Div yield Mcap Ascendas Reit 242 +8 242/235 271 209 6 6356.7 CapitaLand 291 +5 293/288 379 267 11.6 3.1 *****.1 CapitaMall Trust 211 +2 214/209 228 184.5 5.3 7334.5 CityDev 713 +22 714/694 1095 661 8.6
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    • Article
      Lock icon MOST ACTIVE
      33 8 VOLUME Noble 135,925,700 Terratech 54,429,400 Golden Agri-Res 41,904,800 ChinaSports 35,867,000 Ezra 35,747,700 Market volume 1,335,428,000 VALUE Singtel 103,597,364 DBS Grp 103,135,092 JMH USD 77,366,361 CapitaLand 75,098,820 UOB 60,322,503 Market value 1,352,884,000
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    • Article
      Lock icon OTHER SINGAPORE INDICES
      77 8 Feb 18 VALUE CLOSE BT OB/OS -20.00 +191.00 BT CADI -*****.00 +149.00 BT 10-day MA -*****.00 -2.00 FTSE ST Mid Cap 650.47 +9.86 FTSE ST Small Cap 375.32 +2.98 FTSE ST All Share 655.97 +8.93 FTSE ST China Top 151.81 +2.61 FTSE ST China 182.23 +3.22 FTSE
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    • Article
      Lock icon SGX ETFS
      107 8 Most Active Fund Last sale +/-(‘000) Day high/low 52w high/low Buy/Sell Mcap STI ETF 266 +4 576 268/266 355/254 266/267 IS MS INDIA US$ US600 +8 378 605/597 838/577 597/600 75 DBXT MSRussia US$ US160 +6 131 161/159 235/129 160/161 UETF SSE50China 197 +2 76 200/194 340/185 196/205
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    • Article, Illustration
      Lock icon STI / FTSE ST All-Share
      35 8 STI FTSE ST All-Share FTSE ST All-Share index Feb 18,2016 655.97 +8.93 (+1.38%) Current streak 1 day Day high 657.96 Day low 652.14 52-week high 847.98 (Apr 15, 2015) 52-week low 625.37 (Jan 21, 2016)
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    • Article, Illustration
      Lock icon STI / MSCI EAFE
      33 8 STI MSCI EAFE MSCI EAFE index Feb 17,2016 1,559.44 +19.70 (+1.28%) Current streak 3 days Day high 1,562.14 Day low 1,531.07 52-week high 1,949.49 (May 15, 2015) 52-week low 1,492.43 (Feb 12, 2016)
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    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 8 1 5 1 0 0 9 1 5 Manufacturing 50 26 31 8 2 11 58 28 42 Commerce 21 13 12 5 7 2 26 20 14 Tpt/Stor/Comms 19 10 7
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      123 8 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 26,441 1,298 27,739 92,032 256 92,288 Manufacturing 141,930 26,080 168,010 98,929 1,446 100,375 Commerce 159,884 36,949 196,833 176,759 1,153 177,912 Tpt/Stor/Comms 144,106 563 144,669 231,225 47 231,272 Finance 27,608 277 27,885 250,095 35 250,129 Construction
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    • BROKERS’ TAKE
      • Article
        Lock icon CapitaLand | Buy
        131 8 CapitaLand Buy Target price: S$3.68 Feb 18 close: S$2.91 OCBC Investment Research, Feb 18 CapitaLand’s Q4 2015 Patmi (profit after tax and minority interests) decreased 39.5 per cent year-on-year to S$247.7 million mainly due to lower fair value gains from the revaluation of investment properties and profit contributions from Westgate
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      • Article
        Lock icon OCBC | Sell
        120 8 OCBC Sell Target price: S$7.20 Feb 18 close: s$7.92 Maybank-Kim Eng Research, Feb 18 FY15 beat expectations but the results and management’s subsequent briefing only served to affirm that the landscape will likely get more dire from here. Core Patmi beat on better non-interest income, which looks unsustainable. NIM improved
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      • Article
        Lock icon Sembcorp Industries | Buy
        176 8  - Sembcorp Industries Buy Compiled by Jamie Lee Target price: S$4.00 Feb 18 close: S$2.66 rhb Research, Feb 18 “Why look inward? Look outward!” That was the most interesting take away from the analyst briefing, ie CEO’s response to the expected query regarding SembMarine’s potential privatisation. CEO Tang Kin Fei prefers
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    • Article
      Lock icon CALENDAR
      6 8 DATA I19 Feb Singapore GDP
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    • Article
      Lock icon Yen inches up as markets stay cautious
      463 9 CURRENCIES REUTERS London THE yen gained against the euro and US dollar on Thursday as a rebound in oil prices and European stock markets failed to convince currency markets that the rough start to 2016 was over. Sterling gained more than half a
      REUTERS  -  463 words
    • FOREX RATES
      • Article
        Lock icon INTERBANK CROSS RATES
        471 9 Feb 18 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.977 4.653 0.642 5.556 48.902 96.120 0.813 8.764 2.981 1.074 74.765 33.969 1.002 11.050 0.709 23.716 25.395 0.500 0.714 Canada 1.024 4.764
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      • Article
        Lock icon INTERBANK CURRENCY RATES
        155 9 Feb 18 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.0015 1.0027 0.7136 0.7141 Canadian dollar 1.0256 1.0265 0.7310 0.7307 Euro 1.5613 1.5623 1.1124 1.1126 NZ dollar 0.9323 0.9331 0.6643 0.6645 Sterling pound 2.0031 2.0048 1.4272 1.4277
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      • Article
        Lock icon US$/S$ FORWARD RATES
        22 9 Feb 18 S$ Bid Offer 1-month 1.4040 1.4050 2-months 1.4049 1.4060 3-months 1.4060 1.4072 6-months 1.4091 1.4104 Source: OCBC
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      • Article, Illustration
        Lock icon HANG SENG
        2 9
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      • Article, Illustration
        Lock icon NIKKEI
        1 9
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        Lock icon SHANGHAI COMPOSITE
        2 9
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      • Article, Illustration
        Lock icon DOW JONES
        2 9
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    • EQUITY BONDS WARRANTS FUTURES
      • Article
        Lock icon SGX DERIVATIVES TRADING
        383 9 Feb 18 OPEN HIGH LOW SETT VOL OP/INT FTSE CHINA A50 INDEX FUTURES Feb16 8945.00 9112.50 8920.00 9030.00 *****8 *****5 Mar16 8850.00 9012.50 8850.00 8940.00 ***** ***** NIKKEI 225 INDEX FUTURES Mar16 *****.00 *****.00 *****.00 *****.00 ***** *****0 Jun16 *****.00 *****.00 *****.00 *****.00 660 ***** MSCI TAIWAN
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      • Article
        Lock icon BONDS, WARRANTS, PREFERENCE SHARES Most active
        203 9 Feb 18 Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left DBS MB eCW*****4 16.1 1.5 ***** 0.1 1360 8 Rowsley Ltd W*****3 1.3 0.2 8260 1 18 8 KepCorp MB eCW*****2 9.4 0.7 8069 0.2 680 10
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      • Article
        Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
        377 9 In local curr In S$ In US$ dy yr dy yr dy yr Feb 17 Index Change Change Change Change Change Change World Preliminary 1178.0 1.4 -7.8 1.5 -8.1 1.4 -7.3 EAFE Preliminary 908.0 1.4 -10.4 1.4 -9.9 1.3 -9.1 Europe Preliminary 1298.5 2.7 -8.1
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    • BANK RATES
      • Article
        Lock icon INTERBANK RATES
        154 9 Feb 18 $S Offer Bid 0vernight 0.10 0.05 1-month 1.125 1.000 2-months 1.1875 1.0625 3-months 1.2500 1.1250 Overnight mode: 0.37 US$ Offer Bid 7 days 0.45 0.35 1 month 0.48 0.38 2 months 0.65 0.45 3 months 0.75 0.55 6 months 1.00 0.80 9 months 1.20 1.00 12
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      • Article
        Lock icon GOVERNMENT SECURITIES
        80 9 Feb 18 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 1-Year BY*****S 01-Nov-16 1.06 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0F 1.375 01-Oct-17 100.52 5-Year NX*****X 2.250 01-Jun-21 102.2 10-Year NX*****Z 2.375 01-Jun-25 101.59 101.65 101.15 15-Year
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    • AGRI METALS ENERGY
      • Article
        Lock icon COMMODITY FUTURES
        250 9 Feb-17 Price Net change change Last Trade Agricultural Feb-17 CBOT Soybeans (US cents/bu) 882.50 2.75 0.31% 14/03/2016 CBOT Soybean Oil (US cents/lb) 31.99 0.38 1.20% 14/03/2016 CBOT Wheat (US cents/bu) 468.50 4.25 0.92% 14/03/2016 Feb-17 LIFFE Cocoa (£/tonne) 2073.00 21.00 1.02% 14/03/2016 LIFFE Coffee (US$/tonne) 1414.00 -5.00 -0.35%
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    • Article
      Lock icon SGX MAINBOARD
      1788 10 52-Wk Last Vol Day Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/Ep $mil Company Last Sale Vol ('000) High 153 127 AIMSAMP Cap Reit 132 +1 6 133 131 1 8.4 838.7 LOW 175.5 101 ARA Asset Mgmt 105.5cd +2 750 107 104.5
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    • Article
      Lock icon SGX CATALIST
      320 10 52-Wk Last Vol Day Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/E Company Last Sale Vol ('000) 1 0.3 t Advanced Systems 0.3 unch 20 0.3 0.3 7.9 Day Low Div C'vr GrYld Net P/E MCap 35 10 t 3Cnergy 10.1 29.5 16.7
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    • Article
      Lock icon SGX ETF
      134 10 52-Wk Last Vol Day Div GrYld Net MCap High Low Counter Sale +/-(’000) High Low C’vr P/E Counter Last Sale vol 4258 2355 DBXT China50 US$ US2550 +60 2 2550 2550 7 399 190 DBXT MSBrazil US$ US218 +10 27 218 218 1750 995 DBXT MSCHINA US$ US1089
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      30 7 AccountServe A Stone Forest Company Globally Connected RSM Need Help with XBRL Reporting? 24 Hrs 8,000 turnaround time* reports since Nov 2007 *Terms conditions apply www.AccountServe.com.sg XBRL@AccountServe.com.sg T+65 6222 6868
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      80 10 Enhanced SGX MSCI Singapore Index Futures ■I SMALLER 1 1 MORE PRECISE; Hi sgx.com/derivatives/simsci Singapore Exchange This advertisement has been published for general circulation only. It is not an offer or solicitation to buy or sell, nor financial advice or recommendation in relation to, any investment product. Advice should be
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  • BANKING & FINANCE
    • Article, Illustration
      Lock icon Amex investors seek revenue boost after changes
      453 11 BLOOMBERG New York AMERICAN Express Co’s (Amex) US$1 billion cost-cutting target and management changes announced on Wednesday did little to reverse its stock rout as investors and analysts wait to see whether the moves will succeed in boosting revenue. The measures creating and
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      Lock icon China’s probes spark demand for risk consulting amid defaults
      835 11 More investors asking for in-depth research, including trying to identify mainland companies’ hidden assets BLOOMBERG Hong Kong CHINESE President Xi Jinping’s antigraft drive is fuelling demand for risk consulting among investors in the nation’s corporate debt after defaults tied to probes.
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    • Article
      Lock icon Apple launches China payments service in crowded market
      374 11 AFP Shanghai APPLE on Thursday launched its mobile payment service Apple Pay in China, pitting the US technology giant against strong domestic rivals in a large but already crowded market. Success in the world’s second-larg-est economy is crucial for the Califor-nia-based firm.
      AFP  -  374 words
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      31 11 4Want access to BBQ pits? If you're looking for your dream condo complete with facilities, turn to the Print Classified Properties section. To advertise, call the Print Classified Hotline: 1800-289 9988.
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      358 11 -v. m V HEART TO HEART TALK Diagnosis Treatment Prevention Learn about your heart’s health and how to take better care of your heart. Led by Dr Michael Lim, internationally renowned Interventional cardiologist and regular contributor of “Health” articles featured in The Business Times Weekend every fortnight. Date: 20 ,h
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  • ENERGY & COMMODITIES
    • Article
      Lock icon Russia sees oil output slump 14% in worst case
      570 12 Production may drop to 460m tonnes by 2020-2025 from 534m tonnes last year BLOOMBERG Moscow RUSSIAN oil production may slump 14 per cent in the next five to 10 years under a worst-case scenario prepared by the Energy Ministry. Crude output
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      Lock icon State-run Coal India told to reform as import prices slide
      686 12 BLOOMBERG New Delhi INDIA has a stark message for its national coal miner as global prices of the commodity slide: revamp operations at the world’s biggest producer of the fuel or run the risk of struggling. State-run Coal India Ltd
      BLOOMBERG; PHOTO: REUTERS  -  686 words
    • Article
      Lock icon India plans to auction at least three gold mines this year
      485 12 REUTERS New Delhi INDIA is planning to auction at least three gold mines in 2016, a top government official said, opening up the sector to private firms for the first time ever in a bid to slash imports of
      REUTERS  -  485 words
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      779 12 NOTICES TOLL FREE 1800-289-8822 I Email notices@sph.com.sg I www.sphclass.com.sg/notices IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF WELWYN INVESTMENT PTE LTD (Co. Reg. No.: *****1955R) (In Members’ Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies
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  • TECHNOLOGY
    • Article, Illustration
      Lock icon Apple gains backing of peers in fight against govt
      826 13 Its CEO has vowed to resist court order demanding firm help unlock shooter’s iPhone BLOOMBERG San Francisco TIM Cook has picked a fight with the US government and Silicon Valley is joining his side. From Google Inc to Facebook Inc, the
      BLOOMBERG; PHOTO: REUTERS  -  826 words
    • Article
      Lock icon Yahoo guts Mayer’s costly signature online magazines project
      691 13 Internet firm lays off dozens of writers, editors at 15 publications as part of plan to cut workforce NYT San Francisco MARISSA Mayer, the embattled chief executive of Yahoo, is gutting one of her signature projects: A cluster of digital magazines devoted
      NYT  -  691 words
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      581 13 SALON GOURMET In partnership with HSBC<X^ EUROPEAN <&<£) SIGNATURES uy. r B kN 1 *1 Bacchanalia From 1 to 31 March 2016, enjoy a gastronomic celebration of the finest European cuisine as the second edition of Salon Gourmet presents Michelinrated International Guest Chef promotion and exclusive gourmet dining events. The
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  • REAL ESTATE
    • Article, Illustration
      Lock icon Hoi Hup’s top bid for Hougang EC site near high end of expectations
      983 14  -  Project to have about 560 units with target selling price at close to S$800 psf on average By Kalpana Rashiwala kalpana@sph.com.sg @KalpanaBT Singapore DESPITE sluggish EC sales, the top bid for an executive condo site in the
      983 words
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      Lock icon South Korean investors snap up US skyscrapers
      696 15 Korea was fourth-biggest foreign investor in US offices last year amid record-low bond yields, falling shares at home BLOOMBERG Seoul SOUTH Korea’s institutional investors are putting money in debt to buy Manhattan and San Francisco skyscrapers as they flee record-low bond yields and
      BLOOMBERG; PHOTO: BLOOMBERG  -  696 words
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      2211 14 The results of the tender are “very location-specific”. R’ST Research director Ong Kah Seng NOTICES TOLL FREE 1800-289-8822 I Email notices@sph.com.sg I www.sphclass.com.sg/notices 8TELECOM INTERNATIONAL HOLDINGS CO. LTD. (Incorporated in Bermuda) (Company Registration No: *****) NOTICE OF SPECIAL GENERAL MEETING NOTICE IS HEREBY GIVEN that a Special General Meeting (“SGM”)
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      126 14 JAPAN PROPERTIES FOR SALE KYOTO JAPAN FREEHOLD LANDED CENTRAL IN KYOTO (4 minutes walk from GION SIJYOU station) LAND SIZE: 327.08m2 BUILDING SIZE: 333.52m2 52.22m2 COMPLETION: 1996 ASKING PRICE: SG$7.5M (S$1=85JP yen) ROPPONGI JAPAN FREEHOLD PENT HOUSE CENTRAL IN Tokyo (Minato-ku) (5 minutes walk from ROPPONGI station) UNIT SIZE: about
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      634 15 LAUNCHING SOON! FREEHOLD OFFICES FOR SALE FORMER SERANGOON PLAZA D09 HOUSE FOR SALE ONE TREE HILL Brand New Bungalow! Freehold, 5300/ 7500 sf, 8+1 study, Modern Contemporary, Pool, Private lift, Park 7 cars, Walk to Orchard, Prestige Locale. $16.8M. Savills 9767 6611 (Mel) D10 HOUSE FOR SALE BRIZAY PARK GCB
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  • CONSUMER
    • Article, Illustration
      Lock icon Amazon to control more of its own deliveries
      694 16 E-commerce firm is inviting drivers for its “on-demand” delivery service to handle its standard packages REUTERS San Francisco AMAZON.COM Inc is quietly inviting drivers for its new “on-demand” delivery service to handle its standard packages, as the online retailer known for low
      REUTERS; PHOTO: REUTERS  -  694 words
    • Article
      Lock icon Rich Chinese splurge on sportswear as luxury’s lustre dims
      560 16 Extreme-sports apparel and expensive active wear are in vogue due in part to govt promotion of sport REUTERS Hong Kong GPS sport watches, compression leggings and hydration packs are the new must-haves for wealthy Chinese, pumping up the multibillion-dollar sportswear industry
      REUTERS  -  560 words
    • Article, Illustration
      Lock icon Entertainment chief of US network ABC ousted
      893 16 NYT Los Angeles A LONG-running internal battle among ABC executives over creative control and future strategy led to the ouster on Wednesday of the network’s entertainment president and the elevation of a pair of his lieutenants. Paul Lee, who found hits such as
      NYT; PHOTOS: NYT  -  893 words
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      57 16 POWERING PEOPLE Singapore start-up changing lives in rural India and other countries GLOBALISATION GIVES CONSUMERS MORE CULTURAL OPTIONS, SAYS TOP MANAGEMENT THINKER PANKAJ GHEMAWAT GET YOUR COPY TODAY TO ADVERTISE: CALL SHAN (*****861) KALWANT (*****327) OR NISHAL (*****438) Show Off Your Prize Bull Call 1800 289 8822 or e-mail notices@sph.com.sg
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      17 16 SINGAPORE CHRONICLES By the experts, for everyone. On sale at $16 at all major bookstores and www.stpressbooks.com.sg
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      109 16 FREEADMISSION FUTUREs CFDs FUTUREs CFDs FOREX Alfred Chia SingCapital Derek Gue Author of Huat Ah! Vito Henjoto Zenifix Ting Wei Lin Author of Invest Lah! Dr Tee Tong Yan Ein55.com EVENT HIGHLIGHTS FINANCIALTALKS by Popular Investment Speakers EXCLUSIVE PROMOTIONS by Events’Partners Sure-Win SPIN &WINand more... Guaranteed attractive prizes to be
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  • GOVERNMENT & ECONOMY
    • Article
      Lock icon Saudi rating gets S&P jolt but financial markets barely blink
      569 17 REUTERS Dubai SAUDI Arabia’s financial markets barely blinked on Thursday after its debt was downgraded a sign that a charm offensive by Saudi economic officials, and determined action against speculators, have bought it time in the eyes of many investors.
      REUTERS  -  569 words
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      Lock icon Kuroda defends Bank of Japan’s controversial move
      595 17  -  Central bank chief argues that benefits of negative interest rates will spread steadily through economy By Anthony Rowley btworld@sph.com.sg Tokyo BANK of Japan (BOJ) governor Haruhiko Kuroda on Thursday defended before parliament the controversial decision taken recently by a narrow majority of the
      PHOTO: REUTERS  -  595 words
    • Article
      Lock icon BI steps up action to boost economy amid political pressure
      590 17 BLOOMBERG Jakarta INDONESIA’S central bank reduced its main interest rates and reserve ratio for lenders, taking more determined action to boost the economy in the face of political pressure. Governor Agus Martowardojo and his board lowered the benchmark reference rate
      BLOOMBERG  -  590 words
    • Article
      Lock icon Central banks facing ‘loss of faith’ as gold rallies
      376 17 BLOOMBERG Melbourne GOLD’S rally is being driven as investors start to lose faith in central bankers’ ability to deal with economic challenges, according to Evolution Mining Ltd’s Jake Klein, who said that the metal’s advance has been strong enough to draw
      BLOOMBERG  -  376 words
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      1717 17 NOTICES TOLL FREE 1800-289-8822 I Email notices@sph.com.sg I www.sphclass.com.sg/notices IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF 1. MCI TANKERS I PTE. LTD. (Co. Reg. No. *****9938E) 2. MCI TANKERS II PTE. LTD. (Co. Reg. No. *****9939R) 3. MCI TANKERS III PTE. LTD. (Co.
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  • OPINION
    • Article
      Lock icon A fresh uptrend for gold in these volatile times? Don’t bet on it
      631 18 EDITORIAL HEIGHTENED risk aversion is giving gold a second wind but those hoping for a repeat of its extended bull trajectory between 1999 and 2011 should probably not hold their breath. Just last week, gold surged past
      631 words
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      Lock icon Accountants should stay on the straight and narrow
      1182 18  -  The international movement towards more ethical business practices and more guidance for professional accountants facing ethical dilemmas is gaining momentum. BY KANG WAI GEAT momentum.BY KANG WAI GEAT T The writer is assistant director of technical advisory and professional standards at the
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    • Article
      Lock icon 2016 – The year of managing prudently
      810 18  - 2016 The year of managing prudently TTTHE BOTTOM LINE By Paul Skelton T The writer is head of commercial banking, Asia-Pacific, at HSBC IT had been a tough year for companies to do business in Asia and 2016 is set to be another difficult year. Corporates will need to be
      810 words
    • Article
      Lock icon Yellen must set the route back to normalcy
      736 19  -  COMMENTARY By Meghnad Desai T The writer is emeritus professor at the London School of Economics and Political Science and chairman of the Official Monetary and Financial Institutions Forum’s Advisory Board THE US Federal Reserve has been criticised for ending the zero
      736 words
    • Article
      Lock icon Discerning which way the global economic ‘pendulum’ is swinging
      778 19  -  COMMENTARY By Bob Baur T The writer is chief global economist at Principal Global Investors IN world markets and across the global economy, dynamics are constantly shifting back and forth like pendulums, favouring one country or sector, then another. The forces
      778 words
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      Lock icon To make innovation work, you must pull the right levers
      1080 19  -  Knowing how to “rewire” the value network by changing the supply chain or the revenue, cost and margin model can be very effective in generating and implementing new profitable solutions. BY THOMAS MENKHOFF BY THOMAS MENKHOFF TThe writer is professor
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  • TRANSPORT
    • Article
      Lock icon Mergers key to riding out downturn: China COSCO Shipping
      389 20 REUTERS Shanghai THE shipping industry is experiencing its worst downturn since the 2008 global financial crisis, making mergers key to riding out this tough period, the chairman of China Cosco Shipping Corporation (COSCOCS) said on Thursday. Xu Lirong was speaking to
      REUTERS  -  389 words
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      Lock icon Delta, Union Square form alliance to elevate airline food
      963 20 Goal is to serve meals in its Delta One cabin that are just as good as those served in the latter’s restaurants NYT New York IT is no secret that airlines are waging an increasingly pitched battle for the biggest-spending passengers
      NYT; PHOTOS: NYT  -  963 words
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      Lock icon Qantas’s Alan Joyce: from embattled CEO to investor darling
      899 20 BLOOMBERG Sydney IT’S tough to overstate the tide of troubles that faced Alan Joyce, the chief executive officer of Qantas Airways Ltd, just two years ago. Losses had ballooned amid a capacity war with Virgin Australia Holdings Ltd and its foreign
      BLOOMBERG  -  899 words
  • Page 20 Advertisements
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      63 20 74 Baby Baby Exhibition 10-12 June 2016 Singapore EXPO Hall 5 7 A Sell your brand, products services directly to over 70,000 new and expecting parents in June 2016! Book your space now! Mr Jeffrey Foo 9008 9391 jefffoo@sph.com.sg Ms Sharifah Fadlia 9005 3451 sfadlia@sph.com.sg Organised by: For more information,
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      47 20 Have a BIG IDEA? Stand a chance to get over $30k of cash plus support for your business idea. V)u will be backed by Asia's leading media organisation, Silicon Valley's global accelerator and Singapore government's premier technology fund. Apply to our Programme today! http://sphplugandplay.com I PLUG sPFffi
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  • Page 21 Advertisements
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      1975 21 C a i l a n E n n o r e J e d d a h B r i s b a n e Shanghai Chittagong Ho Chi Minh H o J e b e l A l i n g NYK RORO (ASIA) PTE. LTD. K o
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      245 21 ENG LEE SHIPPING CO PTE LTD Tel: *****222 (10 Lines) Fax: *****174/*****960 Website: www.englee.com.sg/Email: marketing@englee.com.sg CR No: **********0C REGULAR FEEDER SERVICES TO INDONESIAN (DE1) VESSEL VOY SIN ETA SIN ETD DESTINATION FREQUENCY Marco Polo 128 BST004 20/02/2016 21/02/2016 Buatan/Buatan DAILY Marco Polo 298 PRW047 20/02/2016 21/02/2016 Perawang/Perawang DAILY Marco Polo
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  • CITY LIFE
    • Article, Illustration
      Lock icon Giving strays a new ‘leash’ on life
      864 22  -  Family Pawtraits a series of interviews with dog owners will be released by Shentonista in support of Save Our Street Dogs Singapore.BY Singapore.BY AVANTI NIM avantin@sph.com.sg WE'VE all heard the saying, “A dog is man's best friend”, but anyone who's owned a dog
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    • CITY BUZZ BT writers' picks of what to see, do or talk about
      • Article, Illustration
        Lock icon Four Hands Dinner with Joannes Riviere
        263 22  -  FRENCH TECHNIQUES ON CAMBODIAN FLAVOURS DINING By Rachel Loi NEXT Wednesday, chef Joannes Riviere of the restaurant Cuisine Wat Damnak in Siem Reap will be in town to cook a one-night-on-ly collaboration dinner with modern European restaurant Bacchanalia's head chef Ivan Brehm. Their seven-course
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        Lock icon Bon Iver ‘live’ in Singapore
        134 22  -  CONCERT By Dylan Tan CRITICALLY-ACCLAIMED indie folk act Bon Iver will be performing in Singapore for the first time next week. A musical project led by Wisconsin singer-songwriter Justin Vernon, the band's debut For Emma, Forever Ago (2007) was entirely composed and recorded by Vernon
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        Lock icon Sunday Champagne Brunch
        207 22  -  DINING By Tay Suan Chiang THE Bar Billiard Room at the Raffles Hotel Singapore may be well known for its whisky programme, but it does a mean Sunday Champagne Brunch too. There is the usual selection of imported oysters and Maine lobsters, antipasti spreads and an endless
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        Lock icon The Savage/Love of Danny and the Deep Blue Sea
        154 22  -  THEATRE By Helmi Yusof THE Stage Club presents a double-bill of works directed by Kamil Haque, who runs a professional acting school here after teaching at the Lee Strasberg Theatre and Film Institute in Hollywood. Integrating live theatre and film, the
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        Lock icon The Analogue Assembly
        162 22  -  MUSIC: RECORD FAIR By Dylan Tan INDIE record fair The Analogue Assembly returns for the first edition of the year this weekend. The featured dealers are For The Record (hard rock, progressive rock), Inokii (heavy metal), Straits Records (reggae, ska), The Analogue Vault (hip hop, electronica) and
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        Lock icon Tay Bak chiang at iPreciation
        144 22  -  ART By Helmi Yusof TAY Bak Chiang is one of Singapore’s best-loved artists. His frequently monochromatic paintings of blocks of stones have become a favourite among collectors. Set to make a debut at Art Basel Hong Kong in March, the artist draws from the tradition
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  • WINE/DINING
    • Article, Illustration
      Lock icon Take some time to stand and...
      1071 23  -  linger after dinner with a good glass of vintage port in your hands.BY hands.BY NK YONG THERE is no more satisfying way of finishing off a good dinner than with a good glass of vintage port in one hand and a Cuban cigar in
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      Lock icon Peru potatoes on 8 plates
      773 23  -  By Avanti Nim avantin@sph.com.sg RAISE your hand if you thought the humble potato originated from Ireland. “It's actually a common misconception,” laughs Daniel Chavez, chef-owner of Spanish restaurant OLA Cocina Del Mar. In fact, he says, the root vegetable actually comes from the Andean highlands
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    • Article, Illustration
      Lock icon Tasting Bordeaux in Singapore
      385 23  -  By Christopher Lim WHEN it comes to getting a feel for a wine-making region, there’s nothing quite like sampling a range of wines made in the same area. This is especially the case for Bordeaux, which is probably France’s most famous wine-making region. Bordeaux Rendez-Vouz is
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  • Page 23 Miscellaneous
    • Miscellaneous
      Lock icon Page 23 Miscellaneous Column 1
      361 23 CRYPTIC CROSSWORD Across 1 Put money aside to cover student work (5) 4 Church in US state full of hatred in ruins (9) 9 Campaign for increased responsibility at work (9) 10 Creature that is closer losing height (5) 11 Pragmatic type offering a table to engineers (7) 12 How
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  • ARTS
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      Lock icon Spotlight on the Cho-sen one
      718 24  -  The most foul-mouthed Asian woman in the world derides Donald Trump and offers a peek into her bizarre new album.BY album.BY HELMI YUSOF NOBODY wants to have sex with Donald Trump, insists comedienne Margaret Cho in an interview with The Business Times two weeks before
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    • Article, Illustration
      Lock icon International artists lead arts fest ’16
      537 24  -  By Helmi Yusof helmi@sph.com.sg @HelmiBT WOULD you like to get under the blankets with a stranger as she tells you a bedtime story? How about a date with Hamlet and his family, all played by one person? Alternatively, if you prefer a more communal
      537 words
    • Article, Illustration
      Lock icon SDT’s fundraiser to take company to next level
      482 24  -  By Helmi Yusof helmi@sph.com.sg @HelmiBT SINGAPORE Dance Theatre has been chalking up one milestone after another. The 2014 company premiere of Don Quixote was not only featured on the front cover of Dance Europe magazine, it was also selected as one of
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  • CINEMA/MUSIC
    • Article, Illustration
      Lock icon A fine portrayal of a young woman’s personal journey
      581 25  -  Brooklyn quietly draws the audience in, keeps them interested and delivers an old-school movie memory to cherish. BY GEOFFREY EU BY GEOFFREY EU IN the early 1950s, a young Irish lass leaves her small-town home and the security of a loving
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    • Article, Illustration
      Lock icon Weird and wonderful world of Kaufman
      447 25  -  By Dylan Tan @DylanTanSYBT dylantan@sph.com.sg FOR mind-bending cinema, look no further than Charlie Kaufman (1999's Being John Malkovich, and 2004's Eternal Sunshine of the Spotless Mind). The writer-producer-director is one of Hollywood's most original filmmakers and his surreal works are the stuff film students
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    • Article, Illustration
      Lock icon Krall gives classy performance within her comfort zone
      496 25  -  By Dylan Tan @DylanTanSYBT dylantan@sph.com.sg IF Diana Krall was a comic book character, she'd be Schroeder, the Peanuts character who finds security and comfort in his piano. The 51-year-old came across pretty much like that on Tuesday evening the first of a
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  • BT Lifestyle
    • Article, Illustration
      Lock icon Bigger and better
      1259 26  -  That’s the general verdict of this week’s Art Fair Philippines. Now in its fourth year, the buying frenzy among Filipino collectors continues unabated despite the current uncertainty in the global economy. BY CHEAH UI-HO ON economy.BY CHEAH UI-HOON “SO, is this is still available or is it
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      Lock icon A strong sense of identity
      777 26 FOR the past four years, Art Fair Philippines (AFP) has been the place to be for anyone wanting a crash course on the country’s contemporary art scene. What sets it apart is that it's an invitation-only fair with space for commissioned works. At the same
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