The Business Times, 3 June 2016

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Microfilm: NL38882
Total Pages: 32
1 32 The Business Times
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  • Title Section
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    22 1 THE BUSINESS TIMES S$1.20 A SINGAPORE PRESS HOLDINGS PUBLICATION www.businesstimes.com.sg @BusinessTimes CO REGN NO *****2868E MCI (P) 039/08/2015 Friday, June 3, 2016
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  • Article
    Lock icon DAILY DIGEST
    164 1 Conditions in Singapore’s manufacturing slump again after recent strong sectoral data. TOP STORIES/ 2 Two Singapore-based startups partner big-name, global peers to reach a worldwide audience. TOP STORIES 3 The National Volunteer and Philanthropy Centre is out to help companies give better and more holistically, so as to
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  • Article, Illustration
    Lock icon Global airline industry cruising towards record earnings this year
    978 1  -  But outlook differs between regions; North America will account for bulk of US$39b profits, Asia-Pac US$7.8b while Africa expected to stay in the red By Ven Sreenivasan ven@sph.com.sg @VenSreeBT Singapore BUOYED by strong demand and lower fuel prices, the global commercial
    PHOTO: REUTERS  -  978 words
  • Article
    Lock icon SGX grants 13 firms three-month MTP extension
    515 1  -  By Melissa Tan melissat@sph.com.sg @MelissaTanBT Singapore A LUCKY 13 companies on the Singapore Exchange (SGX) mainboard have been given a three-month reprieve from being assessed for compliance with SGX’s minimum trading price (MTP) rule, with no company being sent to the watch-list due
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  • Article
    Lock icon MARKETS
    27 1 Thursday Change STI 2,795.09 +4.55 KL COMP 1,630.53 +4.03 NIKKEI 225 16,562.55 -393.18 HANG SENG 20,859.22 +98.24 SHENZHEN B 1,078.24 +5.64 DOW (11.45AM EDT) 17,770.77 -18.90
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      43 1 *****1 *****1 TIIE BUSINESS TIMES TAKING CENTRE STAGE Homegrown artistes playing at big venues LIFESTYLE 27 DRIVE DE CARTIER MANUFACTURE MOVEMENT 1904 MC #WH ATDRIVESYOU SINGAPORE Takashimaya S.C. ION Orchard Marina Bay Sands Tel: 6732 0181 MALAYSIA Pavilion Kuala Lumpur Tel: (603) 2303
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      20 1 WEAKER ECONOMY Fewer firms profitable in 2015: MOM TOP STORIES 2 S’PORE MANUFACTURING Conditions worsen in May TOP STORIES 2
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      16 1 THE BIG PICTURE A central Asian country that punches above its weight KAZAKHSTAN COUNTRY FOCUS 16-17
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  • TOP STORIES
    • Article, Illustration
      Lock icon Fewer firms profitable in 2015 due to weaker economy: MOM
      673 2  -  Real total wages grow 5.4% from 3.9% in 2014 after accounting for negative inflation By Lee U-Wen leeuwen@sph.com.sg @LeeUwenBT Singapore SOFTER economic conditions resulted in a double whammy for companies and workers in 2015 the number of firms that made
      PHOTO: REUTERS  -  673 words
    • Article, Illustration
      Lock icon S’pore’s May factory PMI dims hopes for broader upturn
      662 2  -  By Soon Weilun soonwl@sph.com.sg @SoonWeilunBT Singapore CONDITIONS in Singapore’s manufacturing sector slumped again in May after recent strong sectoral data. This dimmed economists’ hopes of a broader upturn, as they await an economy-wide indicator that will be released on Friday. The
      Source: Singapore Institute of Purchasing & Materials Management  -  662 words
    • Article
      Lock icon ECB holds key rates unchanged, stays silent on Greek debt
      595 2 AFP Vienna THE European Central Bank held key interest rates at historic lows on Thursday, but made no announcement regarding Greece despite speculation it may offer a helping hand to its cash-strapped banks. Meeting in the Austrian capital instead of
      AFP  -  595 words
    • Article
      Lock icon S’pore startups get global reach from tie-ups with big names
      568 3  -  Grab-Lyft, Viddsee-Discovery alliances offer local units exponential jump in market reach By Jacquelyn Cheok jaccheok@sph.com.sg @JacCheokBT Singapore SINGAPORE-BASED startups are strategically partnering big-name, global peers to reach a worldwide audience. Ride-booking app Grab said on Thursday that its rideshare alliance
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    • Article, Illustration
      Lock icon Obama to host PM Lee to White house state dinner
      498 3  -  By Lee U-Wen leeuwen@sph.com.sg @LeeUwenBT Singapore PRIME Minister Lee Hsien Loong will head to the United States in August in what will be his third trip to the world’s largest economy this year. He has accepted an invitation from US
      FILE PHOTO  -  498 words
    • Article
      Lock icon Centre for environmental technologies launched
      299 3  -  By Gladys Yeo gladyeo@sph.com.sg Singapore A NEW research centre was officially launched on Thursday to develop and commercialise environmental technologies which have applications in the healthcare and utilities sector. First of its kind in the Asia-Pacific, the S$30 million facility, named Separation Technologies Applied Research
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    • Article, Illustration
      Lock icon Initiative launched to help companies give holistically
      539 4  -  Programme takes NVPC closer to its vision of transforming Singapore into a “Giving Nation” COMPANY OF GOOD By Aqil Luqman Nurhakim nluqman@sph.com.sg Singapore THE National Volunteer and Philanthropy Centre (NVPC) launched their Company of Good (COG) programme on Thursday to help companies give
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    • Article, Illustration
      Lock icon Employers urged to see past people’s disabilities to harness true potential
      597 4  -  INCLUSIVE HIRING By Nur Sabrina Azmi nsazmi@sph.com.sg Singapore THE National Council of Social Services has launched “See The True Me”, a campaign that focuses on changing the public’s mindset towards people with disabilities. It is part of a five-year
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    • Article
      Lock icon Singtel aims to lead the way for organisations
      345 4  -  By Nur Sabrina Azmi nsazmi@sph.com.sg Singapore SINGTEL is looking to set an example for organisations to start hiring more people with disabilities. It has just hired its first two employees with disabilities for its contact centre for customer support, and an intern,
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    • Article
      Lock icon Doing good is also great business strategy: panel
      535 4  -  By Aqil Luqman Nurhakim nluqman@sph.com.sg Singapore COMPANIES should work together to give in order to not only do good, but also as part of business strategy, said a panel discussing the topic, “Goodness is the business of every organisation”, at the launch
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    • Article
      Lock icon Tokyo stocks dive after Abe’s tax hike delay
      843 4  -  By Anthony Rowley btworld@sph.com.sg Tokyo JAPANESE Prime Minister Shinzo Abe’s decision to further postpone a scheduled increase in the national sales tax raising questions over the nation’s fiscal health sent Tokyo stocks plunging on Thursday while the yen climbed on market doubts
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      174 2 SME enjoys up to 70%* off course fees EMPOWERING FUTURE LEADERS WITH CHINA-READY SKILLS Future China Advanced Leaders Programme is the only business management programme in Asia for your fast track to business success in China! STRUCTURE AND DURATION PROGRAMME HIGHLIGHTS The Programme will cover six knowledge areas critical to
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      190 3 COUNTDOWN COMPLETE. NOW IS AN EVEN BETTER TIME FOR BEST VALUE PERFORMANCE. OWN A BMW FROM $890/MONTH*, AND SEIZE YOUR LAST CHANCE TO ENJOY A FREE STAYCATION* AT RESORTS WORLD SENTOSA. There’s never been a more opportune time to own a BMW. Drive home your BMW from only $890/month* today
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon Risk management a growing challenge for audit committees
      700 5  -  But AC chairmen differ in views on what the risk management role entails, says ISCA study By Kenneth Lim kenlim@sph.com.sg @KennethLimBT Singapore RISK management has become a greater challenge for the audit committees (ACs) of Singapore-listed companies, but there may be a
      THE BUSINESS TIMES FILE PHOTO  -  700 words
    • Article
      Lock icon Basslink outage seen as force majeure covered by insurance
      441 5  -  Keppel’s comment follows EnergyQuest’s estimate that it has cost Tasmania at least A$560m to date By Tan Hwee Hwee hweetan@sph.com.sg @HweetanBT Singapore KEPPEL Corporation has reiterated cable operator Basslink’s belief that the outage of the only electricity interconnector between Tasmania and
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    • Article
      Lock icon SGX’s Baltic bid: great prize comes at a price
      879 6  -  HOCK LOCK SIEW By Andrea Soh sandrea@sph.com.sg @AndreaSohBT THE entry by Singapore Exchange (SGX) into exclusive talks with the Baltic Exchange represents another step towards building out its commodity derivatives business. While not yet a done deal, an acquisition of the
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    • Article
      Lock icon Overweight high-yield EM bonds: Bank of Singapore
      491 6  -  Most overvalued asset class right now is government bonds, says head of managed investments Hou wey Fook By Melissa Tan melissat@sph.com.sg @MelissaTanBT Singapore INVESTORS would likely do well to overweight high-yield emerging-market bonds and underweight investment-grade devel-oped-market bonds in the second half of
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    • Article
      Lock icon Inclusion of mainland China stocks a key consideration in MSCI index revamp
      819 6 Other potential changes come June 14 include adding Pakistan stocks to the gauge, while excluding Peruvian equities BLOOMBERG New York PERU may be out. Pakistan may be in. And China could have more clout than it’s ever had.
      BLOOMBERG  -  819 words
    • Article, Illustration
      Lock icon STI / Catalist
      63 8 STI Catalist Straits Times Index June 2,2016 2,795.09 +4.55 (+0.16%) Current streak 1 day Day high 2,806.10 Day low 2,787.87 52-week high 3,373.48 (July 20, 2015) 52-week low 2,532.70 (Jan 21, 2016) FTSE ST Catalist Index June 2,2016 431.64 -1.84 (-0.42%) Current streak 2 days Day high 435.27 Day low
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    • Article, Illustration
      Lock icon ST Index gains for first time this week
      600 8  -  Play on F&B stocks sees Yeo Hiap Seng, Thai Beverage, Jumbo Group and Sino Grandness rise STOCKS By R Sivanithy sivan@sph.com.sg @RSivanithyBT THE main distinguishing feature of Thursday’s session was a play on food and beverage (F&B) stocks that pushed up Yeo
      Source: Bloomberg  -  600 words
    • Article
      Lock icon STI STOCKS
      305 8 Stock name Close Change Day high/low 52w high 52w low PE Div yield Mcap Ascendas Reit 230 -1 232/229 253 209 6.7 6061.2 CapitaCom Trust 139 -1.5 140/138.5 161.5 122.5 6.2 4109.3 CapitaLand 297 -1 299/297 358 267 11.9 3 *****.5 CapitaMall Trust 200 -2 203/200 224 184.5
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    • Article
      Lock icon MOST ACTIVE
      36 8 VOLUME Cedar Strategic 440,611,100 ThaiBev 47,590,100 Noble 45,563,600 KLW Hldgs 36,265,200 Golden Agri-Res 35,272,100 Market volume 1,471,334,000 VALUE DBS Grp 62,327,508 ThaiBev 43,390,887 Singtel 36,020,775 UOB 29,268,813 Man Oriental USD 26,363,191 Market value 748,846,000
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    • Article
      Lock icon SGX ETFs
      108 8 Most Active Fund Last sale +/-(‘000) Day high/low 52w high/low Buy/Sell Mcap IS MS INDIA US$ US688 +4 423 688/680 780/575 685/688 86 STI ETF 285 +3 118 285/284 343/254 284/285 ABF SG Bond ETF 115.5 -1.1 67 116.6/115.5 119/112 114.9/116.6 527.2 DBXT MSINDO us$ US1235 35 1235/1221
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    • Article
      Lock icon OTHER SINGAPORE INDICES
      77 8 Jun 2 VALUE CLOSE BT OB/OS 18.00 +139.00 BT CADI -*****.00 +23.00 BT 10-day MA -*****.00 +2.00 FTSE ST Mid Cap 675.96 +0.67 FTSE ST Small Cap 390.67 +0.86 FTSE ST All Share 684.85 +0.35 FTSE ST China Top 163.23 +0.85 FTSE ST China 190.47 +0.59 FTSE
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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 June 2,2016 684.85 +0.35 (+0.05%) Current streak 1 day Day high 688.04 Day low 684.14 52-week high 807.50 (June 3, 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 June 1,2016 1,659.87 -7.97 (-0.48%) Current streak 2 days Day high 1,664.82 Day low 1,656.11 52-week high 1,922.70 (June 22, 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 9 3 4 0 1 0 9 4 4 Manufacturing 35 27 34 8 10 7 43 37 41 Commerce 25 7 14 4 4 6 29 11 20 Tpt/Stor/Comms 14 14 7
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      117 8 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 8,043 145 8,188 27,972 27 27,999 Manufacturing 107,162 495,602 602,764 110,975 2,479 113,454 Commerce 68,521 16,865 85,386 59,788 661 60,449 Tpt/Stor/Comms 96,020 159 96,179 119,738 10 119,749 Finance 23,515 23,515 117,142 117,142 Construction 14,241 595
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    • Article
      Lock icon GAINERS
      72 8 BY CENTS CLOSE UP 52w high/low JSH USD 2949 26.1 0.6 3300/2524 DBXT STGLDv US$ 2967 23.4 0.6 3124/2731 Great Eastern 2179 23.0 1.1 2496/1870 DBXT MSTHAI US$ 1817 20.6 0.8 2058/1419 DBXT MSTaiwan US$ 1975 17.9 0.7 2283/1667 BY PERCENTAGE CLOSE UP 52w high/low Blumont 0.2 100.0 0.1
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    • Article
      Lock icon LOSERS
      72 8 BY CENTS CLOSE DOWN 52w high/low JMH USD 5585 -110.0 -1.4 6103/4500 DBXT Nifty50 ETF10 ***** -52.3 -0.3 *****/***** DBXT Chia50 US$ 2751 -37.1 -1.0 4087/2355 DBXT E50 US$ 4531 -27.5 -0.4 5249/3968 GLD US$ ***** -20.6 -0.1 *****/***** BY PERCENTAGE CLOSE DOWN 52w high/low Infinio 0.1 -50.0 -0.1
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    • Article
      Lock icon UNUSUAL ACTIVITY
      81 8 VOL CLOSE($) CHANGE Teho Intl 100.1 0.098 +0.008 +8.89 Cedar Strategic 440,611.1 0.003 +0.001 +50.00 Yeo Hiap Seng 464.4 1.560 +0.075 +5.05 Federal Int 1,588.5 0.320 +0.030 +10.35 Equation 3,644.0 0.003 -0.001 -25.00 Attilan^ 10,630.3 0.007 +0.002 +40.00 Singapore-eDev 100.0 0.027 -0.005 -15.63 Yongnam 1,093.4 0.295 -0.040 -11.94
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    • BROKERS’ TAKE
      • Article
        Lock icon Singapore Airlines Hold
        124 8 Target price: S$11.20 June 2 close: S$10.55 HSBC Global Research, June 2 We expect rising yield pressure in FY17 in light of large capacity additions by the Chinese, Gulf and North Asian carrier. Lower fuel expenses, TigerAir and Scoot merger synergies will offset yield pressure that will
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      • Article
        Lock icon KSH Holdings Buy
        191 8 Target price: S$0.61 June 2 close: S$0.55 OCBC Investment Research, June 2 KSH reported that its FY16 profit after tax and minority interests (Patmi) (ending March 2016) increased 47.6 per cent year-on-year to S$61.5 million mostly due to a significant increase in the share of results of
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      • Article
        Lock icon Singapore shipyards Market Weight
        181 8  -  Compiled by Kenneth Lim UOB Kay Hian Research, June 2 A calculation of Sembcorp Marine’s (SMM) cash flows in 2016 to 2018 points to a cash shortfall of S$712 million. With debt headroom of S$1.5 billion, a cash call appears unnecessary. Even if SMM does one,
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    • Article
      Lock icon US$ hits 2-week low against safe-haven yen
      420 9 CURRENCIES REUTERS London THE US dollar hit a two-week low against the safe-haven yen on Thursday, weighed down by uncertainty over whether the US Federal Reserve will raise interest rates in June or July. While the greenback was down against most major currencies,
      REUTERS  -  420 words
    • FOREX RATES
      • Article, Illustration
        Lock icon HANG SENG
        2 9
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      • Article
        Lock icon INTERBANK CROSS RATES
        471 9 Jun 2 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.945 4.751 0.644 5.612 48.560 98.641 0.787 8.572 2.999 1.062 75.609 33.610 0.993 11.246 0.713 23.545 25.719 0.500 0.722 Canada 1.059 5.030
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      • Article, Illustration
        Lock icon SHANGHAI COMPOSITE
        2 9
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      • Article, Illustration
        Lock icon DOW JONES
        2 9
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      • Article
        Lock icon INTERBANK CURRENCY RATES
        155 9 Jun 2 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 0.9927 0.9939 0.7220 0.7225 Canadian dollar 1.0511 1.0520 0.7648 0.7645 Euro 1.5411 1.5423 1.1209 1.1212 NZ dollar 0.9351 0.9362 0.6801 0.6806 Sterling pound 1.9848 1.9866 1.4436 1.4442
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      • Article
        Lock icon US$/S$ FORWARD RATES
        22 9 Jun 2 S$ Bid Offer 1-month 1.3753 1.3762 2-months 1.3760 1.3769 3-months 1.3764 1.3773 6-months 1.3786 1.3796 Source: OCBC
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      • Article, Illustration
        Lock icon NIKKEI
        1 9
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    • EQUITY BONDS WARRANTS FUTURES
      • Article
        Lock icon BONDS, WARRANTS, PREFERENCE SHARES
        208 9 Most active Jun 2 Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left DBS MB eCW*****1 9.5 unch 5127 0.1 1620 4 KepCorp MB eCW*****1 6.5 unch 5020 0.2 600 5 STI 2800 MB ePW*****1 7.6 -0.4 4190 0.0 2
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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 Jun 1 Index Change Change Change Change Change Change World Preliminary 1266.7 -0.4 -0.9 -0.2 -2.5 -0.3 0.4 EAFE Preliminary 952.7 -0.8 -6.0 -0.4 -6.1 -0.5 -3.3 Europe Preliminary 1351.6 -0.6 -4.3
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      • Article
        Lock icon SGX DERIVATIVES TRADING
        393 9 Jun 2 OPEN HIGH LOW SETT VOL OP/INT FTSE CHINA A50 INDEX FUTURES Jun16 9387.50 9420.00 9340.00 9402.50 *****5 *****6 Jul16 9252.50 9287.50 9222.50 9287.50 1122 1688 NIKKEI 225 INDEX FUTURES Jun16 *****.00 *****.00 *****.00 *****.00 *****5 *****6 Sep16 *****.00 *****.00 *****.00 *****.00 4366 4522 MSCI TAIWAN
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    • BANK RATES
      • Article
        Lock icon INTERBANK RATES
        154 9 Jun 2 $S Offer Bid 0vernight 0.04 0.02 1-month 0.7500 0.6250 2-months 0.9375 0.8125 3-months 1.0000 0.8750 Overnight mode: 0.03 US$ Offer Bid 7 days 0.50 0.40 1 month 0.52 0.42 2 months 0.65 0.45 3 months 0.80 0.60 6 months 1.10 0.90 9 months 1.30 1.10 12
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      • Article
        Lock icon GOVERNMENT SECURITIES
        67 9 Jun 2 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0T 0.500 01-Apr-18 99.07 5-Year NX*****X 2.250 01-Jun-21 102.77 102.90 102.65 10-Year NX*****F 2.125 01-Jun-26 99.51 99.46 99.35 15-Year NZ*****F 2.875 01-Sep-30 105.43 105.55 105.20 20-Year NZ*****V 3.375 01-Sep-33 112.45 112.80 112.70
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    • AGRI METALS ENERGY
      • Article
        Lock icon COMMODITY FUTURES
        250 9 Jun-1 Price Net change change Last Trade Agricultural Jun-1 CBOT Soybeans (US cents/bu) 1099.75 21.25 1.97% 14/07/2016 CBOT Soybean Oil (US cents/lb) 32.19 0.37 1.16% 14/07/2016 CBOT Wheat (US cents/bu) 473.75 9.25 1.99% 14/07/2016 Jun-1 LIFFE Cocoa (£/tonne) 2237.00 -1.00 -0.04% 14/07/2016 LIFFE Coffee (US$/tonne) 1646.00 -2.00 -0.12%
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    • Article
      Lock icon Temasek, GIC buy US$1b of Alibaba shares
      356 10 They will each pay US$500m at US$74 a share in sale by Japan’s SoftBank Group BLOOMBERG Singapore SINGAPORE’S state-owned investment firms Temasek Holdings Pte Ltd and GIC Pte Ltd, long-term Alibaba Group Holding Inc investors, have bought a combined US$1 billion of stock
      BLOOMBERG  -  356 words
    • Article
      Lock icon Otto Marine told of potential offer in letter from RHB Securities
      348 10  -  Financial adviser intends to submit proposal to board soon but says there’s no guarantee of a transaction B y Nisha Ramchandani nishar@sph.com.sg @Nisha_BT Singapore FOLLOWING a trading halt on Thursday morning, Otto Marine announced that a potential buyer is
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    • CORPORATE DIGEST
      • Article
        Lock icon Keppel Corporation, Sembcorp Industries and Sembcorp Marine
        179 10 THREE mainboard-listed companies on Thursday denied allegations raised against them in a lawsuit filed by US investment company EIG Management. The companies Keppel Corporation, Sembcorp Industries and Sembcorp Marine detailed their stand in separate statements. Referring to EIG’s inclusion of Keppel Corp and
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      • Article
        Lock icon Jason Holdings
        111 10 JASON Holdings on Thursday said ANZ has begun a lawsuit in the High Court against the directors of Jason Parquet Specialist (Singapore) Pte Ltd (JPSS) its principal operating unit over an approximate S$1.69 million that is owed to the bank. The directors are guarantors for the repayment of
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      • Article
        Lock icon Singapore Exchange
        84 10 THERE will be no change to the constituents of the Straits Times Index (STI). This follows the June quarterly. The STI reserve list, comprising the five highest ranking non-constituents of the index by market capitalisation, will be made up of Suntec Reit, Singapore Post, Neptune Orient Lines, Keppel
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      • Article
        Lock icon Trek 2000
        81 10 GURCHARAN Singh, the 60-year-old chief financial officer cum executive director of thumbdrive maker Trek 2000, has ceased his duties amid investigations by Singapore’s Commercial Affairs Department. Edwin Long Ming Fai will be deputy chief executive officer cum executive director with effect from Thursday, while Edward Tan Kew Poh
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    • Article
      Lock icon Japanese investors sell overseas debt on Fed hike expectations
      315 10 BLOOMBERG Singapore JAPANESE investors sold overseas debt for the first time in seven weeks as the Federal Reserve moved closer to raising interest rates. Fund managers cut holdings of bonds outside the nation by a net 549.4 billion yen (S$6.95 billion)
      BLOOMBERG  -  315 words
    • Article
      Lock icon SGX MAINBOARD
      1806 11 52-Wk Last Vol Day Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/Ep $mil Company Last Sale vol ('000) High Day 151.5 127 AIMSAMP Cap Reit 135.5 unch 286 137.5 135.5 0.9 8.4 862.4 Div 171.2 101 ARA Asset Mgmt 139.5 unch 452 143.5
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    • Article
      Lock icon SGX CATALIST
      340 11 52-Wk Last Vol Day Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/E Last Vol Day Div GrYld Net MCap High LOW 19.9 8.3 t Anchor Resources 10 +0.1 2687 10.1 9.8 28 Sale ('000) High Low C'vr P/E 8.8 32 16.7 t CNMC
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    • Article
      Lock icon SGX ETF
      123 11 ON THIS 52-Wk Last Vol Day Div GrYld Net MCap High Low Counter Sale +/-(’000) High Low C’vr P/E Counter Last Sale 1300 991 CIMBASEAN40 S$D 1116 -4 0 1116 1116 vol 4087 2355 DBXT China50 US$ US2751 -27 4 2757 2751 7.6 High Day 1661 995 DBXT
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  • Page 5 Advertisements
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      Lock icon Page 5 Advertisements Column 1
      157 5 Fly non-stop to the breathtaking views of vibrant San Francisco. A world made closer with United Airlines. Fly in style with United Airlines' new B787-900 Dreamliner daily non-stop service from Singapore to the iconic city of San Francisco. Explore its lively soul, and picture-perfect sights such as the distinctive Golden
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      Lock icon Page 5 Advertisements Column 2
      17 5 Beef Up Your Finances Call 1800 289 8822 or e-mail notices@sph.com.sg to publicise your IPOs other offerings
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      Lock icon Page 6 Advertisements Column 1
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  • Page 10 Advertisements
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      334 10 Subscribe withS|Jlat Singapore Book Fair 2016 and get a $50 CASH VOUCHER Existing subscribers without contract who renew or upgrade their package will get a $30 CASH VOUCHER*. 3-9 JUNE 2016 3 June: 4pm-10pm, 4-8 June: llam-IOpm, 9 June: 11am-8pm Suntec International Convention Exhibition Centre Hall 401 402 Berita Harian
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      71 11 ON THIS OPPORTUNITY Reach out to investors and affluent readers in this Investor Information Page. Advertise at less than $5,800 per full colour ad (a special package for 4 leading newspaper titles The Straits Times, The Business Times, Lianhe Zaobao and The New Paper Sunday). Contact our Sales Team now!
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  • BANKING & FINANCE
    • Article
      Lock icon China’s Anbang withdraws bid to buy US insurer
      504 12 But Iowa’s Fidelity says the withdrawal isn’t final, expects Chinese insurer to refile buy application in “near future” NYT Hong Kong ANBANG, a politically connected Chinese insurer, has hit a bump in its effort to buy an insurance company in Iowa for
      NYT  -  504 words
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      Lock icon Deutsche Bank sees capital hit as Basel rules add to legal woes
      642 12 BLOOMBERG London DEUTSCHE Bank AG, which has faced the highest legal bills among continental European lenders, will probably set aside even more capital or shrink businesses as global regulators tighten the rules for how lenders measure risk. “The
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    • Article
      Lock icon UBS, Credit Suisse offer staff work-life balance
      743 12 REUTERS London INVESTMENT bankers at UBS can now take at least two hours of “personal time” a week in the latest attempt by a bank to retain staff with a better work-life balance. Credit Suisse wants staff to leave work by 7pm on
      REUTERS  -  743 words
    • Article
      Lock icon German terrorism insurer mulls over global coverage
      332 12 BLOOMBERG Munich GERMAN terrorism insurer Extremus Versicherungs-AG, set up to cover ter-rorism-related claims following the Sept 11 attacks in New York, is considering offering global coverage as its premium income shrinks. The insurer, whose shareholders include Allianz SE and Munich Re, may start
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      227 12 Discover Leading and Innovative Growth Companies Wholesale Investor and Shareinvestor.com have joined forces once again to bring you the Singapore Capital Expo and Small Cap Showcase June 2016 on Monday, 6th June 2016. Join Singapore’s high net worth investment community as we showcase some of Australia’s, Singapore’s and New Zealand’s
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      125 12 r I printpackTsign SINGAPORE'S PRINTING, PACKAGING SIGNAGE BUSINESS EXHIBITION 29JUNE-1 JULY GRAND PRIZE DRAW. Level 1, Hall B, Sands Expo Convention Centre Marina Bay Sands, Singapore m L PLATINUM SPONSORS < WIN GREAT PRIZES at PRINTPACK+SIGN PRE-REGISTER ONLINE TO RECEIVE A GAME CARD WHEN YOU ARRIVE A Terms Conditions apply.
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      28 12 > How much money have you made on your home? iwT Kn S-100K 1 2008 2009 2010 2011 2012 2013 2014 2015 2016 my Capital Gain $104,000 (12.68%) SRX.com.sg/property-tracker
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  • ENERGY & COMMODITIES
    • Article
      Lock icon Zinc to jump further with China likely to cut output
      614 13 Metal surges 25% this year as raw material supply to smelters in China declines, just as demand rebounds BLOOMBERG Shanghai THE Chinese smelters that churn out more than 40 per cent of the world’s zinc may cut production for the
      BLOOMBERG  -  614 words
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      Lock icon Opec fails to agree on output cap; oil extends fall
      630 13 BLOOMBERG Vienna OPEC will stick to its policy of unfettered oil production after members failed to agree on a new output ceiling. Crude extended its decline in London. The meeting didn’t produce a supply accord, but did reach consensus on
      BLOOMBERG; PHOTO: REUTERS  -  630 words
    • Article
      Lock icon China’s booming car market risks petrol glut
      393 13 BLOOMBERG Shanghai CHINESE fuel makers rushing to cash in on the nation’s booming car market may end up creating a glut of petrol, possibly forcing the excess onto overseas markets. Stockpiles of the fuel surged to a record in April as production during
      BLOOMBERG  -  393 words
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      359 13 SALON G O U R M E In partnership with HSBC Savour the best of European dining with exclusive savings for HSBC credit and debit cardholders. EUROPEAN ii. RECEPTION Chef Selections of Canapes Louis Roederer, Brut Premier MENU Asparagus, Caviar, Hollandaise, Hazelnut 2012 Layer Cake Chardonnay Yellow Fin Tuna, Black
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  • TECHNOLOGY
    • Article, Illustration
      Lock icon Virtual reality could change daily life, say tech leaders
      703 14 Its evangelists forecast it will eventually be about much more than entertainment for gamers AFP Taipei REDUCING errors made during surgery, bringing school books to life, enabling us to browse shops from the comfort of home virtual reality (VR) is not
      AFP; PHOTO: AFP  -  703 words
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      Lock icon Silicon Valley technophiles not enamoured of Trump
      748 14 NYT Palo Alto, California DONALD Trump would not be Silicon Valley’s first choice as president. Or its second. Or maybe even its third. The presumptive Republican presidential nominee wants to restrict immigration while bringing back manufacturing. He compulsively uses tech products such as
      NYT; PHOTO: AFP  -  748 words
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      65 14 Have a question? Let ST's correspondents provide the answers Send your questions to askst@sph.com.sg THE STRAITS TIMES > 6 m answe www.straitstimes.com/askst .O Wo When will property prices stop falling? How much savings do 1 need to retire? L-& Lee Su Shyan, Business Editor Lorna Tan, Invest Editor Why can’t
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      24 14 “An objectlesson in reporting in the good old fashioned way.” MAYANK CHHAYA South Asia Daily Now on sale at all major bookstores and www.stpressbooks.com.sg
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      63 14 ASIA’S LARGEST EDUCATIONAL KIDS’ FAIR 1-3 JULY 2016 SUNTEC SINGAPORE HALL 405 <c 406 BOOKYOUR SPACE NOW! Promote and sell your brand, products and services to parents with children from ages 3 to 12! CONTACT US NOW! Mr Nicholas Tan 9430 0972 tannich@sph.com.sg Mr Jason Hoon 9339 0656 jasonhyj@sph.com.sg For
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      27 14 IPL’S YOUNG GUNS Some fire, many fail A book to help children who hear voices GET YOUR COPY TODAY TO ADVERTISE: CALL KALWANT (*****327) OR NISHAL (*****438)
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      135 15 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 K Y L (M&E) PTE. LTD. (IN LIQUIDATION) (Co. Reg. No. *****8362G) COMPANIES WINDING UP NO. 145 OF 2015 NOTICE OF MEETING OF CREDITORS Take notice that
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      241 15 IN THE MATTER OF THE COMPANIES ACT (CAP. 50) AND IN THE MATTER OF BUKIT MERAH SHIPPING PTE. LTD. (IN MEMBER’S VOLUNTARY LIQUIDATION) (Company Registration No. *****0601R) NOTICE IS HEREBY GIVEN that it was resolved at an Extraordinary General Meeting of member of the abovenamed company held on 27 May
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      170 15 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF LASALLE JAPAN LOGISTICS II S3 PTE. LTD. (IN MEMBERS’ VOLUNTARY LIQUIDATION) CO. REG. NO. *****2285C NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that, pursuant to Section 308 of the Companies Act, Chapter 50, the Final
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  • KAZAKHSTAN COUNTRY FOCUS
    • Article, Illustration
      Lock icon Towards a world without wars
      1439 16  -  Kazakhstan President Nursultan Nazarbayev says that while the world has made many advances, wars continue to plague our civilisation. REPORTS BY VINCENT WEE REPORTS BY VINCENT WEE Kazakhstan President Nursultan Nazarbayev has once again taken the lead in international relations, with a bold new document
      1,439 words
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      Lock icon Strong push for Kazakhstan’s UN Security Council bid
      391 16 KAZAKHSTAN continues to push strongly in its bid to gain a non-perma-nent seat on the UN Security Council for 2017/18. Kazakhstan Foreign Minister Erlan Idrissov held a series of meetings in New York with his international counterparts to familiarise the international community
      391 words
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      Lock icon AEF looks at the big picture in Central Asia
      1434 17  -  Kazakhstan does its part to help the region deal with developments that bring both challenges and opportunities. REPORTS BY VINCENT WEE opportunities.REPORTS BY VINCENT WEE THE Central Asian region is at the centre of developments that are bringing both tremendous challenges
      1,434 words
    • Article
      Lock icon President’s 100 concrete steps taking Kazakhstan to its goal
      518 17 IN the depths of the global financial crisis, Kazakhstan President Nursultan Nazarbayev has taken proactive steps to help his country weather the storm. Just over a year ago, Mr Nazarbayev, proposed five key reforms or what he calls 100 concrete steps
      518 words
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      52 16 For e-version, go to www.sphcountryspecial.sg ln -O'"xeat-weoto <r o o n o o a> Ci o <7 4S8FWt, Let’s do our part to stop nuclear testing by supporting the Project’s mission for disarmament and global non-profileration. Protect the future of the next generation by signing the ATOM Project petition at
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      171 17 EXPO 2017 Future Energy Astana Kazakhstan The Future Is In Our Hands The future gets brighter as the world goes greener. In 2017, nations across the globe will converge at Expo 2017 in Astana, Kazakhstan to incubate new ideas and uncover fresh perspectives for sustainable energy solutions. Come power up
      171 words
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  • REAL ESTATE
    • Article, Illustration
      Lock icon Data centre owners in consolidation trend
      813 18  -  So says Digital Realty exec, as the firm launches second data centre in Singapore By Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore IT’S a consolidation game in the data centre space now, as operators pursue scale to cater to a clientele of global customers, and smaller
      813 words
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      Lock icon Former Colliers research head joins CBRE as director
      436 18  -  Chia Siew Chuin joins CBRE as director of industrial and logistics for Asia By Lynette Khoo lynkhoo@sph.com.sg @LynetteKhooBT Singapore FORMER Singapore director for research and advisory at Colliers International, Chia Siew Chuin, has joined CBRE as director of industrial and logistics for
      436 words
    • Article
      Lock icon URA makes access to shophouse info easy
      268 18  -  By Renald Yeo yrenald@sph.com.sg Singapore BUSINESSMEN, investors and shophouse owners who wish to look up allowable and last-approved uses for private shophouses in Singapore will no longer have to write in to the Urban Redevelopment Authority (URA), pay a search fee and wait
      268 words
    • Article, Illustration
      Lock icon NY property boom impinging on produce supply
      985 19 Demand for real estate is gobbling up family farms as owners choose to cash in on the surging value of land in New York NYT New York APPLE trees have blossomed, and soon fruit will begin emerging at Elizabeth Ryan’s orchard in the
      NYT; PHOTO: BLOOMBERG  -  985 words
  • Page 18 Advertisements
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      1773 18 NOTICE OF ANNUAL GENERAL MEETING a-hhrusr ascendas hospitality trust A stapled group comprising: Ascendas Hospitality Real Estate Investment Trust (a real estate investment trust constituted on 13 March 2012 (a business trust constituted on 13 March 2012 under the laws of the Republic of Singapore) under the laws of the
      1,773 words
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      627 19 D10 HOUSE FOR SALE OLD HOLLAND GCB Rare Old Holland GCB!! *****/ ***** sqft. Wide frontage. Park 7 cars. Timeless style. High security. Lim 9179 8366. D15 HOUSE FOR SALE OPERA ESTATE SIGLAP Priced to sell! Single Storey. 1446 sqft. With 3 ensuites/ Nice renovattion. Suitable for A&A. Sure Sell!!
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  • CONSUMER
    • Article, Illustration
      Lock icon Apple Pay struggles outside US amid low uptake, bank resistance
      902 20 Its US$10.9b usage last year is less than annual volume of transactions in Kenya, a mobile payments pioneer REUTERS London MORE than 18 months after Apple Pay took the United States by storm, the smartphone giant has made only a
      REUTERS; PHOTO: BLOOMBERG  -  902 words
    • Article
      Lock icon A big merger may flatten US beer market
      782 20 Regulators need to weigh in on what AB InBev’s planned merger with SABMiller means for small brewers NYT New York ANHEUSER-BUSCH Inbev, the world’s largest brewer, recently made headlines by announcing that it would temporarily rename Budweiser, one of its best-selling beers,
      NYT  -  782 words
    • Article
      Lock icon No easy way out for Abbott as deal target faces bribery probe
      645 20 BLOOMBERG Minneapolis ABBOTT Laboratories tried to end its US$5.8 billion agreement to buy Alere Inc after finding out in midMarch that the medical-testing company was swept up in a US probe of bribery overseas. Alere’s shares, meanwhile, are
      BLOOMBERG  -  645 words
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      54 20 SINGAPORE Q UALIFIERS presented by TIME TO VIE FOR A SPOT TO REPRESENT SINGAPORE AT THE WORLD AMATEUR GOLFERS CHAMPIONSHIP IN DURBAN, SOUTH AFRICA SIGN UP NOW www.tnp.sg/WAGC SINGAPORE QUALIFIERS 20, 26 JULY 2016 SINGAPORE FINALS 2 AUGUST 2016 ENTRY FEE $480 GOODIE BAG WORTH OVER $750 VENUE TANAH MERAH
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      18 20 £nf 3®! www.omy.sg r i How to save money while dining out at restaurants m ft] > 3 A
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      17 20 Choose from Prime Stock Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Tenders Auctions Notices
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  • TRANSPORT
    • Article
      Lock icon Jet Airways beefs up capacity on S’pore-Mumbai route with A330
      371 21  -  Move will also enable it to cater to premium traffic, carry more connecting passengers from Australia via Singapore By Nisha Ramchandani nishar@sph.com.sg @Nisha_BT Singapore INDIA’S Jet Airways is boosting capacity between Singapore and Mumbai by upgauging to a widebody Airbus
      371 words
    • Article, Illustration
      Lock icon Cathay Pacific interested in bigger Airbus A350
      342 21 BLOOMBERG Toulouse CATHAY Pacific Airways said it is talking with Airbus Group about the planemaker’s proposal for a bigger version of the newest A350 widebody, a model which needs to attract a strong set of initial customers to get the go-ahead. Cathay, which
      BLOOMBERG; PHOTO: BLOOMBERG  -  342 words
    • Article
      Lock icon Uber raises US$3.5b from Saudi Arabia investment fund
      542 21 New funding helps ride-sharing giant fuel its global expansion plans AFP San Francisco UBER announced on Wednesday that the Public Investment Fund of Saudi Arabia has pumped US$3.5 billion into the ride-sharing giant, helping fuel its global expansion plans. Terms of the
      AFP  -  542 words
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      1035 21 NOTICES T O L L F R E E 1 8 0 0 -2 8 9 8 8 2 2 I E m a i l n o t i c e s s p h c o m s g I w w w s p h c l
      1,035 words
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      592 21 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF LENDLEASE CHINA INVESTMENT PTE. LTD. (IN MEMBERS’ VOLUNTARY LIQUIDATION) (Co. Reg. No. *****1798R) NOTICE OF RESOLUTIONS At the Extraordinary General Meeting of Lendlease China Investment Pte. Ltd. duly convened and held on the 27th day of
      592 words
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      1484 21 TRANSIT-MIXED CONCRETE LTD (Incorporated In The Republic Of Singapore) Company Registration No. *****2587H NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 36th annual general meeting of Transit-Mixed Concrete Ltd will be held at Connaught Room, Level 2, Carlton Hotel Singapore, 76 Bras Basah Road, Singapore *****8 on
      1,484 words
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  • GOVERNMENT & ECONOMY
    • Article
      Lock icon S&P maintains Indonesia’s junk status
      753 22 The country’s failure to win full investment-grade status may take the shine off Asia’s best-performing bond market BLOOMBERG Jakarta INDONESIA’S long wait to win full investment-grade rank just got longer after S&P Global Ratings maintained its junk status because of weak fiscal performance. S&P on
      BLOOMBERG  -  753 words
    • Article, Illustration
      Lock icon Duterte plans wider Philippine deficit in fiscal reversal
      600 22 BLOOMBERG Manila THE incoming administration of Philippine President-elect Rodrigo Duterte signalled its willingness for looser fiscal policy and higher borrowing as it seeks to ramp up spending on infrastructure and cut taxes. Ben Diokno, who will be Mr Duterte’s budget secretary when
      BLOOMBERG; PHOTO: AFP  -  600 words
    • Article
      Lock icon EU defers proposals to fight tax-dodging due to Brexit vote
      370 22 REUTERS Brussels EUROPEAN Union proposals to fight tax evasion have been shelved until July, at least in part to avoid hurting Prime Minister David Cameron’s bid to keep Britain in the EU in a June 23 referendum, people familiar with
      REUTERS  -  370 words
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      Lock icon US economy grows modestly as job market tightens: Beige Book
      428 22 BLOOMBERG Washington THE US economy expanded at a modest pace across most of the country since mid-April, causing the labour market to tighten as employers continued adding jobs and nudging wages higher, a Federal Reserve report showed. “Employment grew modestly
      BLOOMBERG; PHOTO: BLOOMBERG  -  428 words
    • Article, Illustration
      Lock icon China, US gear up for ruling on South China Sea claims
      972 23 They have embarked on a diplomatic and public relations frenzy before the ruling, expected within months BLOOMBERG Hong Kong WHEN a US guided missile destroyer sailed within 12 nautical miles of a Chinese-claimed island in the disputed South China
      BLOOMBERG; PHOTO: AFP  -  972 words
    • Article
      Lock icon US takes further steps to block N Korea’s access to financial systems
      491 23 REUTERS Washington THE United States on Wednesday declared North Korea a “primary mon-ey-laundering concern” and moved to further block its ability to use the US and world financial systems to fund its weapons programmes. The US Treasury Department
      REUTERS  -  491 words
  • Page 22 Advertisements
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      234 22 Clarification We refer to the article entitled “Savills Investment ramping up Asian business” which appeared in The Business Times on 26 May 2016, in which Mr Michael Flynn of Savills Investment Management engaged in discussions about his view of the possible future of Grade-A office space in Singapore. In the
      234 words
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      417 22 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF IPIN GLOBAL SINGAPORE PTE LTD (In Creditors’ Voluntary Liquidation) UEN *****3931W NOTICE OF RESOLUTION At an Extraordinary General Meeting of the abovenamed Company duly convened and held on the 27th day of May 2016, the Special
      417 words
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  • Page 23 Advertisements
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      17 23 Discover Greener Pastures Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Change of Address Notices
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      863 23 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 DVB AVIATION FINANCE ASIA PTE. LTD. (IN MEMBERS’ VOLUNTARY LIQUIDATION) CO. REG. NO. *****9026W NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members of DVB
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      Lock icon Page 23 Advertisements Column 3
      1600 23 (Formerly known as China Auto Corporation Ltd) Company Registration No. *****0233E (Incorporated in the Republic of Singapore) NOTICE OF EXPIRY OF WARRANTS TO: ALL HOLDERS OF THE ACMA LTD W*****7 WARRANTS TO SUBSCRIBE FOR NEW ORDINARY SHARES IN ACMA LTD. (THE “COMPANY”) THIS NOTICE IS IMPORTANT AND REQUIRES YOUR IMMEDIATE
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  • OPINION
    • Article
      Lock icon The Fed should not hold off raising interest rates for long
      556 24 EDITORIAL THE US central bank’s Federal Open Market Committee (FOMC) meets next week to decide if a second interest-rate hike in six months is warranted. Markets are unsure if the Federal Reserve will act in the federal funds futures
      556 words
    • Article, Illustration
      Lock icon The (false) robot invasion
      686 24  -  THE BOTTOM LINE By Robert J Samuelson THE WASHINGTON POST WRITERS GROUP Washington THE robots are coming but not in numbers that would imperil most Americans’ jobs. Few subjects have inspired as much hype as robots. Consider some sample headlines: “Robots and computers could take half
      THE WASHINGTON POST WRITERS GROUP  -  686 words
    • Article, Illustration
      Lock icon When playing by the rules can lose you points
      1490 24  -  Trump confounds pundits with his success in breaking and remaking election campaign rules By Leon Hadar Washington SO HERE we are at the end of the first half of the basketball game, and your team is winning it big, 5-0! Then
      PHOTO: REUTERS  -  1,490 words
    • Article
      Lock icon Oil prices and US$: do not expect the usual linkage
      1045 25  -  COMMENTARY By Thierry Apoteker TThe writer is chairman of TAC Economics. THE April 18 failure of Opec (Organization of the Petroleum Exporting Countries) and non-Opec countries to reach a deal in Doha on a freeze or a decline in oil
      1,045 words
    • Article
      Lock icon Another year of capex cuts will set oil market up for serious supply crunch
      728 25  -  COMMENTARY By Nick Cunningham OILPRICE.COM TOTAL global oil production could decline for the next several years in a row as scarce new sources of supply come online. According to data from Rystad Energy, overall global oil
      OILPRICE.COM  -  728 words
    • Article, Illustration
      Lock icon Enforcing investors’ rights in FTAs
      1163 25  -  A look at how investors are protected under FTAs, using the Asean Comprehensive Investment Agreement and Trans-Pacific Partnership deal as illustrations. BY CHAN LENG SUN AND THUY NGUYEN BY CHAN LENG SUN, THUY NGUYEN T Chan Leng Sun is global head of international arbitration, Baker
      PHOTO: REUTERS  -  1,163 words
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  • Page 26 Advertisements
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      2032 26 the Business times SHIPPING TIMES C a i l a n E n n o r e J e d d a h B Shanghai Chittagong r i s b a n e H o n g Ho Chi Minh J e b e K o NYK RORO (ASIA) PTE.
      2,032 words
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      Lock icon Page 26 Advertisements Column 2
      244 26 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 256 BST003 04/06/2016 05/06/2016 Buatan/Buatan DAILY Marco Polo 178 TTS058 04/06/2016 05/06/2016 Tebing Tinggi/Jambi DAILY Marco
      244 words
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  • BT Lifestyle
    • TAKING CENTRE STAGE
      • Article, Illustration
        Lock icon Turning her fans into friends
        715 27  -  Support for the local music scene is showing encouraging signs of growth with homegrown acts Tay Kewei, Nathan Hartono and Gentle Bones taking the plunge and playing their own solo shows at bigger venues usually reserved for overseas artistes By suetan@sph.com.sg Sue-Ann Tan suetan@sph.com.sg FOR
        715 words
      • Article, Illustration
        Lock icon ChildAid alumni ready to bare all
        551 27  -  By Sue-Ann Tan suetan@sph.com.sg NATHAN Hartono has come a long way from the cute 14-year-old in 2005 who won over the judges of a teen talent competition and started performing at youth-oriented concerts. Now 25 years old, the singer-actor is marking his 11th year
        551 words
      • Article, Illustration
        Lock icon Making no bones about his passion for local music
        561 27  -  By Avanti Nim avantin@sph.com.sg FOR someone with the stage name of Gentle Bones, Joel Tan’s ascent in the music industry has been anything but gentle. His first public performance was at his secondary school’s assembly back in 2010, but the 22-year-old
        561 words
    • MUSIC/CINEMA
      • Article, Illustration
        Lock icon Ready to Rice again on his own
        830 28  -  After being out of the public eye for eight years, reclusive Irish singer-songwriter Damien Rice is back and happy to be playing by himself on stage. BY DYLAN TAN BY DYLAN TAN dylantan@sph.com.sg @DylanTanSYBT FOR someone who all but disappeared from the public
        830 words
      • Article, Illustration
        Lock icon Turning the spotlight back on new directors
        516 28  -  By Dylan Tan dylantan@sph.com.sg @DylanTanSYBT AFTER being the first Singaporean to win the prestigious Camera d’Or at Cannes and Best Film, Original Screenplay and New Director at the Golden Horse Awards in 2013 for his debut feature Ilo Ilo, Anthony Chen is paying
        516 words
      • Article, Illustration
        Lock icon Lead actor in Distance keeps movie going
        514 28  -  By Dylan Tan dylantan@sph.com.sg @DylanTanSYBT FOR his latest film, Distance, it looks like Anthony Chen couldn’t quite keep his, uh, distance. As executive producer, he has taken a back seat from the director’s chair; handing duties over to three promising Asian filmmakers China’s
        514 words
      • Article, Illustration
        Lock icon From melancholic meditation to crowd-pleasing comedy
        485 28  -  By Dylan Tan dylantan@sph.com.sg @DylanTanSYBT THE death of the American Dream and the rise of globalisation are the central themes of A Hologram for the King, an entertaining if lightweight adaptation of Dave Eggers’ novel a 2012 National Book Award finalist of the same
        485 words
    • ARTS
      • Article, Illustration
        Lock icon Voices from the millennial generation
        976 29  -  A festival of plays by 20somethings brings fresh perspectives. BY HELMI YUSOF BY HELMI YUSOF helmi@sph.com.sg @HelmiBT VAPID. Entitled. Narcissistic. Fairly or unfairly, the millennial generation has been conferred many unflattering labels for their work attitude, lifestyle habits and social-media addictions. The criticisms come from
        PHOTOS: WILFRED LIM  -  976 words
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        Lock icon Intuitive capture of life in its ordinary moments
        790 29  -  B y Cheah Ui-Hoon uihoon@sph.com.sg ANY job comes with its occupational hazards, as former publishing editor Melisa Teo, 41, will tell you. Eight years ago, the editor, who wasn’t at all “techy” when it came to cameras, had finished sifting through thousands
        PHOTOS: MELISA TEO  -  790 words
      • Article, Illustration
        Lock icon Slender novel packs a punch
        486 29  -  BOOK REVIEW Reviewed by Helmi Yusof helmi@sph.com.sg @HelmiBT PEREIRA Maintains is not a new book. It was written in Italian by Antonio Tabucchi in 1994 and received an English translation in 1995. What drew this reviewer to pick up this relatively unknown novel at BooksActually
        486 words
      • Article, Illustration
        Lock icon Disappearing into a rainbow
        799 30  -  Hermes’ inaugural art exhibition at its newly renovated store transports you to a colourful world that’s “soft, naive and innocent”. BY CHEAH UI-HOON innocent”.BY CHEAH UI-HOON uihoon@sph.com.sg HOW to Disappear into a Rainbow is about a journey, which Singapore artist Dawn Ng wanted to create for
        PHOTO: MASAO NISHIKAWA  -  799 words
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        Lock icon Dono explores ‘meaning in the madness’
        958 30  -  By Emilyn Ang IT’S a refrain we often hear: we live in a crazy world. A tanking world economy, politics worthy of reality TV, the emergence of unsettling new technologies, and an ageing population are just some of the disconcerting trends we face in
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        Lock icon Aloft at Hermes
        446 30  -  By Cheah Ui-Hoon IF your fashion brand is about craftsmanship and art, then one way to demonstrate your commitment to artistic vision is to dedicate spaces for artists to create without any ties to the brand or fashion. French lifestyle marque Hermes created a foundation in 2008,
        446 words
    • CITY LIFE
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        Lock icon Insta-sharing at a price
        784 31  -  The K+ Instgrm Exhibition features 120 photos by local Instagram artists, curated to give the broadest spectrum of stories. BY AVANTI NIM Instagram BY AVANTI NIM avantin@sph.com.sg IF you’re the kind of person who doesn’t know their Twitter from their Snapchat, it might be time to
        PHOTOS: JULIAN CHEONG (@JULIAN_CHEONG), MINDY TAN (@MINDYSHOOTS)  -  784 words
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        Lock icon Lexus hybrids pass on fuel savings
        180 31  -  By Samuel Ee samuelee@sph.com.sg NOT all luxury car owners drive a gas guzzler. And they occasionally hug a tree too. Or so that appears to be the message Lexus Singapore wants to send. The Japanese luxury marque has initiated a corporate social responsibility project
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      • CITY BUZZ BT writers’ picks of what to see, do or talk about
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          Lock icon TWICE THE FUN
          264 31  -  By Tay Suan chiang MARKETPLACE The Market Hop THEY say two heads are better than one, but in this case, we are referring to pop-up markets. Furniture store Dream and kitchen appliances company APS have always held their own weekend markets, but now they are teaming up
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        • Article, Illustration
          Lock icon Painting with Light – South-east Asian Film Series
          222 31  - Painting with Light South-east Asian Film Series FILM By Dylan Tan PAINTING with Light is a film series curated by movie and music critic Philip Cheah, featuring some of South-east Asia’s best cinematic stories from the last century. The diverse showcase includes works from early to present-day cinema by both
          222 words
        • Article, Illustration
          Lock icon Three experimental duos
          182 31  -  MUSIC By Sue-Ann Tan INSTEAD of using a piano or guitar, Tokyo-based artist Makoto Oshiro uses self-made instruments based on everyday materials during his live performances. Together with Yuen Chee Wai (of local indie out- fit The Observatory), who focuses on improvisational sound work, the pair is
          182 words
        • Article, Illustration
          Lock icon Ghost Writer
          136 31  -  THEATRE By Helmi Yusof In The Necessary Stage’s Ghost Writer (right), a young artist challenges the strictures of her classical training, an ageing teacher finds herself alone in trying to preserve her legacy, and an expat escapes from reality and into the realm of fiction. With Ebi Shankara,
          136 words
        • Article
          Lock icon 80th Anniversary of Cathay: Behind the Glamorous Scene
          154 31  -  EXHIBITION By Avanti Nim HAVE you ever wondered what goes on behind the cameras at an iconic film production studio? If so, the 80 th Anniversary of Cathay: Behind the Glamorous Scene exhibition isn't something you want to miss. First launched in
          154 words
        • Article, Illustration
          Lock icon An Evening with Hideaki Matsuo
          159 31  -  DINING By Rachel Loi BOOK a date with chef Hideaki Matsuo (below) of the three Michelin-starred restaurant Kashiwaya in Osaka, who will be in town next week for a four-night event, where he will showcase his Japanese ryo-tei-style haute cuisine in a six-course dinner held
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      68 29 HUATING Restaurant EXECUTIVE MENUS set to IMPRESS For Limited Time Only. Award-winning Hua Ting Restaurant presents three value-packed Executive Set Lunches from $35. Savour exquisite five-course menus featuring a curated selection of Masterchefs signatures and creations. Dim Sum Delights Hua Ting Classics Flavours of Spring For reservations, please call 6739
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  • Page 30 Miscellaneous
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      327 30 CRYPTIC CROSSWORD Across 1 Patient wearing undies must get bags (10) 6 Voices disapproval of nameless benefits (4) 10 Not at work ears oddly tender! (5) 11 Awful noise, always ignoring volume that’s criminal (9) 12 Season time enough possibly (7) 13 Memos about church scores (7) 14 Surprisingly, most
      327 words
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      186 32 PERFORMANCE GOOD MEETS EMOTION. How Audi Sport sends thousands of heart rates into overdrive. The racetrack isn t just a place where our drivers win trophies. It s a lab where high performance machines are born and evolved. And when we transferred motorsport innovations like TFSI engines and quattro from
      186 words