The Business Times, 10 August 2016

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Microfilm: NL33935
Total Pages: 26
1 26 The Business Times
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  • Title Section
    Lock icon Masthead
    22 1 THE BUSINESS TIMES S$1.20 A SINGAPORE PRESS HOLDINGS PUBLICATION www.businesstimes.com.sg @BusinessTimes CO REGN NO *****2868E MCI (P) 052/08/2016 Wednesday, August 10, 2016
    22 words
  • Article, Illustration
    Lock icon DAILY DIGEST
    219 1 As the lifting of the moratorium on freezing Integrated Shield Plan premiums draws nearer, some policyholders are likely to face premium hikes of more than 20 per cent. TOP STORIES 2 A new subscription service in Singapore and Hong Kong aims to matchmake private equity investors and M&A
    219 words
  • Article
    Lock icon MARKETS
    27 1 Tuesday Change STI CLOSED KL COMP 1,671.71 -0.97 NIKKEI 225 16,764.97 +114.40 HANG SENG 22,465.61 -29.15 SHENZHEN B 1,161.98 +5.74 DOW (11.45 AM EDT) 18,572.36 +43.07
    27 words
  • Article, Illustration
    Lock icon Higher medical costs, claims take a toll on 3 out of 5 IP insurers
    875 1  -  Aviva, Income and Prudential deal with blood-letting in latest filings while AIA and Great Eastern’s business are in the pink of health By Claire Huang huangjy@sph.com.sg @ClaireHuangBT Singapore RISING medical costs and higher consumption of medical
    Source: MAS, compiled by Wen Research  -  875 words
  • Article
    Lock icon Digital gold and silver may be up for P2P lending soon
    921 1  -  By Jamie Lee leejamie@sph.com.sg @JamieLeeBT Singapore PEER-TO-PEER (P2P) lending in Singapore could soon be extended to cryptocurrencies, if a unique partnership between vault operator Silver Bullion and a gold-backed digital currency seller is inked. This brings a new dimension
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      47 1 SUSTAINABLE ENERGY Singapore can play a part in calling for carbon pricing: BP HAPPY 51ST BIRTHDAY, SINGAPORE A celebration of social inclusivity at this year’s National Day Parade TOP STORIES 2 TOP STORIES 4 Takeabetterpositionwithspreads asslimas0.7points Looking forslimmer spreads? Golongorshortonover10,000productswithforexspreadsstartingfrom0.7pts,indicesfrom 1.0ptandSingaporeshareswithcommissionfrom0.1%(min$10).Makesureyourportfolio ismadetomeasureononeseamlessplatform Visitcmcmarkets.com.sgorourRafflesPlaceoffice,orcall*****068 FX|Indices|Commodities|Shares AppleandiPhonearetrademarksofAppleInc,registeredintheUSandothercountries.AppStoreisaservicemarkofAppleInc.AndroidandGooglePlayaretrademarksofGoogleInc.IssuedbyCMCMarketsSingaporePteLtd(UEN*****5050E).Thisadvertis forinformationonly,notaninvestmentrecommendationor financialadvice.Lossescanexceedyourinitialdeposit.Seeriskwarning/disclosure&otherimportantinformationonourwebsite:www.cmcmarkets.com.sg.
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      9 1 How much would IP premiums rise by? Page 2
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  • TOP STORIES
    • Article, Illustration
      Lock icon A National Day Parade that promotes social inclusivity
      463 2  -  By Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore SINGAPORE’S 51st birthday celebrations dived into a world of the magical and mythical on Tuesday evening, as the National Day Parade (NDP) returned to the National Stadium in Kallang for the first time in a decade.
      PHOTOS: SEAH KWANG PENG, KUACHEE SIONG / THE STRAITS TIMES  -  463 words
    • Article
      Lock icon How much would IP premiums rise by?
      605 2  -  Some policyholders could face increases of more than 20% as industry grapples with rising medical costs By Claire Huang huangjy@sph.com.sg @ClaireHuangBT Singapore AS the lifting of the moratorium on freezing Integrated Shield Plan (IP) premiums draws nearer, some policyholders are likely to face
      605 words
    • Article, Illustration
      Lock icon Online M&A matchmaker to sniff out deals from mid-sized Asian firms
      450 2  -  By Jamie Lee leejamie@sph.com.sg @JamieLeeBT Singapore A NEW subscription service in Singapore and Hong Kong has come up to matchmake private equity investors and M&A advisers with mid-sized Asian companies. This comes amid a gap in the market for
      450 words
    • Article, Illustration
      Lock icon Pokemon Go eludes cloning attempts by big studios
      869 4 Executives at top video game firms say a challenge to the popular game would not be worth it; gamers should not expect the quick release of a rival app anytime soon REUTERS San Francisco TOP video game companies, caught off-guard by the
      REUTERS; PHOTO: REUTERS  -  869 words
    • Article, Illustration
      Lock icon Singapore can play a part in developing carbon pricing: BP
      868 4  -  SUSTAINABLE ENERGY By Andrea Soh sandrea@sph.com.sg @AndreaSohBT Singapore GOVERNMENTS have to take the lead in moving the world to a low-carbon future. And Singapore, because of its unique place in Asia, can play a role in this process, said BP
      868 words
    • Article
      Lock icon Shell explores new models of alternative energy
      550 4  -  By Andrea Soh sandrea@sph.com.sg @AndreaSohBT Singapore SHELL is exploring a possible business model in integrating natural gas and renewables, or tapping its vast network of retail stations to bring new energy offerings to customers, said a senior executive. These are some of the
      550 words
    • Article
      Lock icon Big Oil faces a new normal yet again in energy market
      632 4  -  The pressure is on for the oil majors as the world embraces a low-carbon future COMMENTARY By Andrea Soh sandrea@sph.com.sg @AndreaSohBT IT has been merely eight months since the climate change accord was reached in Paris in December, and
      632 words
    • Article, Illustration
      Lock icon Sentosa Cove bungalow market thaws
      1162 5  -  Evia founders in bulk purchase of remaining 10 villas at Pearl Island; China IT tycoon buys Cove way bungalow By Kalpana Rashiwala kalpana@sph.com.sg @KalpanaBT Singapore THERE has been an improvement in bungalow deals in Sentosa Cove lately, after a slow start this year. A bulk
      PEARL ISLAND PHOTO: SUMISURA  -  1,162 words
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      436 5 CARING FOR SENIORS We have many schemes to support our seniors in their retirement. WHEN I NEED TO SEE THE DOCTOR Government Subsidies At all public hospitals, specialist outpatient clinics (SOC) and polyclinics WHEN I NEED HELP WITH LIVING EXPENSES Community Health Assist Scheme (CHAS) Subsidies for medical and dental
      436 words
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      272 6 SPH^IGITAL www.sphdigital.com c WH *e iti nm r ■ujiiy >= >= i Mil*; i 3 n a*. TB m ,U PROPERTY u a tm mi n gfig R 3 S3 5 a 3= 2016 i3r= SIS jr few.sj I 1 MSUH iflli i EMINAR Ith jjyj n vest i ng
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon Philip Tang & Sons evolves with the times
      1237 7  - Philip Tang Sons evolves with the times From software developer and systems integrator, it’s now a product builder By Chin Yong Chang ycchin@sph.com.sg Singapore HOMEGROWN Philip Tang Sons (PTS) has been known to be many things in the local IT (information technology) circuit Internet solutions provider, software developer and systems
      1,237 words
    • Article
      Lock icon FA firms should disclose payments, product mix
      738 8  -  HOCK LOCK SIEW BY CLAIRE HUANG huangjy@sph.com.sg @ClaireHuangBT Navigating the world of the financial advisory (FA) industry or the greater insurance solar system would be less of a pain if it were not opaque to consumers, particularly in light of the growing FA
      738 words
    • Article, Illustration
      Lock icon Spotlight on key audit matters
      1149 8  -  Auditors say challenges remain in changing entrenched mindsets of some boards towards the disclosure and use of enhanced auditor reports. BY THEMIN SUWARDY AND MELVIN YONG BY THEMIN SUWARDY, MELVIN YONG AUDITORS are ready for the new era of enhanced auditor reporting in Singapore but
      FILE PHOTO  -  1,149 words
    • Article
      Lock icon Auric Pacific’s Q2 profit down 96.3% on impairment loss
      418 8  -  By Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore FOOD supplier Auric Pacific on Tuesday reported a 96.3 per cent drop in net profit to S$45,000 for its second quarter ended June 30, 2016, from S$ 1.2 million a year ago. This was mostly
      418 words
    • Article
      Lock icon China bond yield sinks to 7-year low as foreign inflows rise
      509 8 BLOOMBERG Hong Kong CHINESE bonds advanced, with the 10-year yield dropping to match the lowest levels since 2009, as foreign inflows increase and investors seek safety from a rising number of corporate failures. The yield on sovereign notes due
      BLOOMBERG  -  509 words
    • Article
      Lock icon Sterling slides as BOE rams home easing message
      423 10 CURRENCIES REUTERS London STERLING fell half a per cent to a one-month low against the US dollar on Tuesday, by far the biggest mover on major currency markets after the Bank of England’s (BOE) sole policy hawk signalled his willingness to ease
      REUTERS  -  423 words
    • FOREX RATES
      • Article, Illustration
        Lock icon HANG SENG
        2 10
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      • Article
        Lock icon INTERBANK CROSS RATES
        471 10 Aug 8 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.004 5.081 0.688 5.915 50.926 100.136 0.780 8.451 3.078 1.071 79.792 35.764 1.028 10.418 0.749 23.975 26.670 0.585 0.763 Canada 0.996 5.060
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      • Article, Illustration
        Lock icon SHANGHAI COMPOSITE
        2 10
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      • Article, Illustration
        Lock icon DOW JONES
        2 10
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      • Article
        Lock icon INTERBANK CURRENCY RATES
        155 10 Aug 8 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.0270 1.0282 0.7623 0.7630 Canadian dollar 1.0230 1.0238 0.7597 0.7594 Euro 1.4926 1.4935 1.1079 1.1083 NZ dollar 0.9592 0.9600 0.7120 0.7124 Sterling pound 1.7559 1.7571 1.3034 1.3039
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      • Article
        Lock icon US$/S$ FORWARD RATES
        22 10 Aug 8 S$ Bid Offer 1-month 1.3471 1.3477 2-months 1.3473 1.3479 3-months 1.3476 1.3482 6-months 1.3481 1.3488 Source: OCBC
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      • Article, Illustration
        Lock icon NIKKEI
        1 10
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    • EQUITY BONDS WARRANTS FUTURES
      • Article
        Lock icon BONDS, WARRANTS, PREFERENCE SHARES
        210 10 Most active Aug 8 Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left HSI ***** MB eCW*****9 9.5 1.9 ***** 0.0 1 HSI ***** MB ePW*****9 8.7 -2.5 ***** 0.0 1 DBS MB eCW*****1 3.7 0.3 6288 0.1 1620 2
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      • Article
        Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
        377 10 In local curr In S$ In US$ dy yr dy yr dy yr Aug 8 Index Change Change Change Change Change Change World Preliminary 1307.2 0.3 2.3 0.3 -1.7 0.2 3.5 EAFE Preliminary 964.8 0.7 -4.8 0.6 -7.3 0.6 -2.4 Europe Preliminary 1383.8 0.1 -2.0
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      • Article
        Lock icon SGX DERIVATIVES TRADING
        368 10 Aug 9 OPEN HIGH LOW SETT VOL OP/INT FTSE CHINA A50 INDEX FUTURES Aug16 9500.00 9570.00 9465.00 9557.50 ***** *****3 Sep16 9495.00 9557.50 9462.50 9552.50 1984 2696 NIKKEI 225 INDEX FUTURES Sep16 *****.00 *****.00 *****.00 *****.00 ***** *****4 Dec16 *****.00 *****.00 *****.00 *****.00 50 6663 MSCI TAIWAN
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    • BANK RATES
      • Article
        Lock icon INTERBANK RATES
        154 10 Aug 8 $S Offer Bid 0vernight 0.02 0.01 1-month 0.625 0.50 2-months 0.8125 0.6875 3-months 0.875 0.75 Overnight mode: 0.02 US$ Offer Bid 7 days 0.55 0.45 1 month 0.60 0.50 2 months 0.75 0.55 3 months 0.85 0.65 6 months 1.20 1.00 9 months 1.40 1.20 12
        154 words
      • Article
        Lock icon GOVERNMENT SECURITIES
        65 10 Aug 8 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0T 0.500 01-Apr-18 99.35 99.32 99.29 5-Year NX*****X 2.250 01-Jun-21 103.95 104.00 103.70 10-Year NX*****F 2.125 01-Jun-26 102.57 102.75 102.20 15-Year NZ*****F 2.875 01-Sep-30 109.13 20-Year NZ*****X 2.250 01-Aug-36 100.28 100.10 99.88
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    • AGRI METALS ENERGY
      • Article
        Lock icon COMMODITY FUTURES
        250 10 Aug-8 Price Net change change Last Trade Agricultural Aug-8 CBOT Soybeans (US cents/bu) 1018.75 15.00 1.49% 12/8/2016 CBOT Soybean Oil (US cents/lb) 30.93 0.41 1.34% 12/8/2016 CBOT Wheat (US cents/bu) 417.00 1.00 0.24% 14/09/2016 Aug-8 LIFFE Cocoa (£/tonne) 2404.00 -16.00 -0.66% 15/09/2016 LIFFE Coffee (US$/tonne) 1825.00 2.00 0.11%
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    • Article
      Lock icon SGX MAINBOARD
      1797 11 52-Wk Last Vol Day Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/Ep $mil Company Last Sale vol ('000) High Day 149 127 AIMSAMP Cap Reit 144.5 -0.5 567 144.5 143 0.9 7.9 920.9 Div 164 101 ARA Asset Mgmt 135xd -1 1813 136
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    • Article
      Lock icon SGX CATALIST
      307 11 52-Wk Last Vol Day Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/E Last Vol Day Div GrYld 0.6 0.1 t Advanced Systems 0.3 unch 23 0.3 0.2 7.9 44.5 29.5 t Advancer Global 34.5 -0.5 3338 36.5 34.5 13.7 59.7 High LOW Company
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    • Article
      Lock icon SGX ETF
      137 11 52-Wk Last Vol Day Div GrYld Net MCap High Low Counter Sale +/-(’000) High Low C’vr P/E Counter Last Sale 884 700 CIMBASEAN40 US$ US879 +12 54 881 867 137.9 3383 2355 DBXT China50 US$ US2992 +34 2 2992 2992 8.2 High 376 190 DBXT MSBrazil US$ US376
      137 words
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      188 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 Direct flights to 14 European cities. Let the Grand Tour begin. 7 S\ I i :h. m jUi m Si
      188 words
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      25 8 Get rid ofthe new neighbours Hire pest control specialists or publicise your services in CLASS 116 To advertise, call the Print Classified Hotline: 1800-289 9988
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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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  • REAL ESTATE
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      141 12 it V For a copy of the Tender Documents, kindly procure from: 18 Ah Hood Road Level 8, ZhongShan Park Singapore *****7 Tender Closing Date: Mon, 29 th August 2016 3pm For A Copy Of The Investment Information Report, Kindly Contact: By Tender Assignment Of Lease *1 ADDRESS OF PROPERTY:
      141 words
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      119 12 INTERNATIONAL BUILDING (ORCHARD ROAD) THE CONCOURSE (BEACH ROAD) Office: 355 to 1,417 sq ft Shop/F&B: 753 to 3,660 sq ft Also suitable for Clinic/Medical Suites Newly-renovated Office Lift Lobbies Toilets Next to Shaw House/lsetan Scotts (outside ERP gantry) Minutes walk to Orchard MRT station Tel: 6390 2477/6292 8181 Office: 904
      119 words
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      10 12 ®JU. International Residential Property Services 65 8125 7636 Vanessa Chan
      10 words
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  • SINGAPORE ACCOUNTANCY CONVENTION
    • Article, Illustration
      Lock icon Improving balance sheet transparency
      1282 13  -  A new accounting standard seeks to put an end to off-balance sheet leases. BY FRANCIS KAN COMPANIES that lease big-ticket items such as airlines, telcos and those in the energy sector need to prepare for changes in the way that such leases will be treated on
      1,282 words
  • Page 13 Advertisements
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      196 13 Jointly Organised by: Acra INSTITUTE OF SINGAPORE CHARTERED ACCOUNTANTS SINGAPORE ACCOUNTANCY CONVENTION 2016 Financial Reporting: Meeting Investors' Needs, Strengthening Market Confidence Thursday, 25 August 2016 Marina Bay Sands Expo and Convention Centre Register Today www. singaporeaccoun tancycon ven tion.sg For the first time, the national accountancy body, the Institute of
      196 words
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      4 13 Brought to you by
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  • BANKING & FINANCE
    • Article
      Lock icon New banking regulations won’t prevent bailouts
      428 14 BLOOMBERG Sydney SINCE the 2008 financial crisis, policy makers around the world have put new rules in place to make banks less risky and more transparent. They’re confident that these changes have made the financial system safer and eliminated the need for taxpayer bailouts.
      BLOOMBERG  -  428 words
    • Article
      Lock icon Barclays, US states reach US$100m Libor fraud settlement
      435 14 Bank accused of manipulating benchmark interest rates in financial crisis era AFP Washington BRITISH financial giant Barclays Bank plc on Monday reached a US$100 million settlement with 44 US states and the District of Columbia over interest rate manipulation in the financial
      AFP  -  435 words
    • Article, Illustration
      Lock icon M&A activity seen to move at slower clip in run-up to US vote
      452 14 BLOOMBERG New York GLOBAL political uncertainty will create a drag on dealmaking until 2017, according to Blair Effron, partner and co-founder of Centerview Partners LLC. Historically, the appetite for mergers and acquisitions slows during an election season
      BLOOMBERG; PHOTO: REUTERS  -  452 words
    • Article, Illustration
      Lock icon UK competition body says customers paying too much for banking services
      360 14 REUTERS London BRITAIN’S competition watchdog has published its final recommendations for boosting competition in high street banking, its measures not differing significantly from options it published in May to widespread dismay among consumer groups. The government and regulators have
      REUTERS; PHOTO: BLOOMBERG  -  360 words
    • Article, Illustration
      Lock icon BOJ limits foreign profits on negative-yielding bonds
      567 14 BLOOMBERG Tokyo THE world’s second-biggest bond market just became less profitable for outsiders. The Bank of Japan’s decision to boost swap lines shrank the premium foreign investors enjoy when they buy negative-yielding Japanese debt, helping put a ceiling on the yields they can
      BLOOMBERG; PHOTO: REUTERS  -  567 words
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  • ENERGY & COMMODITIES
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      293 15 LI AN H E ZAOBAO l*HI* celebrates National Day 9/8 10/8 FREE access to premium digital content* and e-paper www.zaobao.sg *7j\E!!5^JgApp. Free access not available on Zaobao apps. In The Matter Of The Companies Act, Cap. 50 And In The Matter Of PURE WATER TECH PTE. LTD. (UEN *****8792W) (In
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      698 15 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
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      486 15 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF BALAJI AGROCOMMODITIES (PTE.) LTD. (INCORPORATED IN SINGAPORE) COMPANY REGISTRATION NUMBER: *****5712K Notice of Resolution for Member’s Voluntary Winding Up (Pursuant to Section 290) At the Extraordinary General Meeting of the member of Balaji Agrocommodities (Pte.) Ltd.
      486 words
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      1156 15 (Company Registration No.: *****8258M) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at 8, Wilkie Road, #03-01 Wilkie Edge, Singapore *****5 on Thursday, 25 August 2016 at 10.00 a.m. for the following
      1,156 words
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  • TECHNOLOGY
    • Article
      Lock icon Big Pharma eyes growth in animal vaccine market over superbug risk
      808 16 WP Washington A SPARKLING and sprawling 48,000-square-foot, two-story structure, decorated with artwork of animals etched onto interior glass walls, recently opened its doors 37 kilometres outside Indianapolis with one sole purpose: to keep the globe’s 70 billion farm animals
      WP  -  808 words
    • Article, Illustration
      Lock icon Data centres’ water use has investors on high alert
      996 16 Some sustainable-minded investors are trying to understand more about water risk before it becomes a liability WP Washington DATA centres, used by governments and large corporations to house their computer systems, have one big environmental problem: They get hot. To keep
      WP; PHOTO: BLOOMBERG  -  996 words
    • Article
      Lock icon US tech giants set themselves apart with unusual pay plans
      713 16 WP Washington AMAZON.COM, Alphabet and Facebook have upended the establishments in retailing, advertising and media so it may not come as a surprise that their pay plans are unusual too. The three set themselves apart from other Standard Poor’s (S&P)
      WP  -  713 words
  • Page 16 Advertisements
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      50 16 comex SINGAPORE’S BIGGEST I.T. AND CONSUMER ELECTRONICS EXHIBITION BOOK YOUR SPACE! jDggj SELL YOUR TECH PRODUCTS 8 SERVICES TO THOUSANDS OF CONSUMERS DIRECTLY 8-11 SEP 2016 SUNTEC SINGAPORE 1-3,486 TRADE-IN STAR BUYS-GAMEX RESERVE YOUR BOOTH] Tel: 6747 4620 El sales@exhibitsinc.com.sg www.comexshow.com.sg n ComexITShow ORGANISED BY: Exhibits Inc A SUBSIDIARY Of
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      56 16 18&19 A U G 1 6 THURSDAY FRIDAY NTUC Trade Union House 9.00am to 5.00pm LIVING THE LAWS OF LEADERSHIP This workshop is facilitated by a local trainer, accredited by The John Maxwell Company. Trainer Charles Png Promotional Price Normal $695.50 $963.00 To register or find out more about our
      56 words
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      50 16 A U G 1 6 24WEDNESDAY SPH News Centre 9.30am to 6.00pm CHANGING MINDS WITH EFFECTIVE CLOSING TECHNIQUES Trainer Jacky Lim Price From 18 Aug$589 Early Bird by 17 Aug$489 Productivity and Innovation Credit (PIC) Claimable To register or find out more about our workshops, visit http://learning.stjobs.sg/ workshops STJOBS LEARNING
      50 words
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  • CONSUMER
    • Article, Illustration
      Lock icon Walmart rewrites its e-commerce strategy
      988 17 It is buying Jet for an eye-popping US$3.3b; the year-old online bulk retailer’s founder Marc Lore is seen as one of the few execs who can help put a dent in Amazon’s edge NYT New York TRADITIONAL retailers have spent more than a decade and
      NYT; PHOTO: NYT  -  988 words
    • Article
      Lock icon The push to end food waste picks up speed
      1013 17 THOMSON REUTERS FOUNDATION Rome WHEN Italian architect Carlo de Sanctis went to a friend’s wedding on the outskirts of Rome two years ago, he did not expect to find himself discussing food waste. As the party was winding down, Mr de
      THOMSON REUTERS FOUNDATION  -  1,013 words
    • Article
      Lock icon Yoga-mat chemical quietly exits fast food
      504 17 WP Washington IN early 2014, a blogger known as Food Babe launched a petition pushing sandwich chain Subway to remove an obscure chemical also used in yoga mats from its bread. Two days and more than 78,000 signatures later, Subway announced it was taking
      WP  -  504 words
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      13 17 Learn Mandarin Without Stress! newstalk.zaobao.sg Try out this Chinese language e-learning tool today.
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      62 17 STAND TO WIN A PAIR OF BUSINESS CLASS TICKETS TO TOKYO! Sign up for our The Straits free newsletter here: WWlVtStfr” t c+ i mac Mnriti/nAUie laftlor :$time§p ‘Terms conditions apply and contest is iew$l existing subscribers tii: I A m THE STRAITS TIMI3 straitstimes.com J i v, i V‘
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      223 17 Show Me the Money (Book 3) writes about the methods to spot financial bubbles, the danger signs of the market and the fraud of listed companies. Based on the case studies of past downturns, it teaches us the techniques to analyse the severity of each financial crisis. A clear plan
      223 words
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      35 19 With my own car, I can get anywhere, anytime I want! To find that dream car, checkout Class 302 to 358 in Print Classified. Call Print Classified at Hotline: 1800-289-9988 to place your advertisement. i
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      16 19 RENT X-Value™ of your home Y $2,600 ($2.34 psf) Down by $200 over last quarter SRX.com.sg/property-tracker
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      26 19 MAJULAH MOMENTS 50 Years of National Day Parades LIMITED EDITION POSTCARD BOOK 1,500 Only copies printed Available at good bookstores and www.stpressbooks.com.sg FORLOCAL POSTAGE PREPAID POSTINGONLY
      26 words
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  • TRANSPORT
    • Article, Illustration
      Lock icon Delta Air CEO apologises for glitch as flight cancellations rise
      962 20 Disarray is second time in less than a month that a system failure forced mass flight cancellations at a large US carrier BLOOMBERG Atlanta DELTA Air Lines chief executive officer Ed Bastian apologised for a computer failure that halted flights
      BLOOMBERG; PHOTOS: REUTERS  -  962 words
    • Article, Illustration
      Lock icon Jaguar leaps to the forefront of US car market
      568 20 BLOOMBERG New York THE memo that the US car market is finally slowing down apparently didn’t make it to Coventry, England. From its UK headquarters, Tata Motors’ Jaguar brand has rocketed to the front of an increasingly listless crowd of vehicles
      BLOOMBERG; PHOTO: REUTERS  -  568 words
    • Article
      Lock icon Simple decision that’s beset with complications
      1104 20  -  Many issues to consider on whether to send a family member to support an ill or injured crewman STRAIT TALK BY DAVID HUGHES AT first glance, it seems a simple decision to take. A crew member has been so seriously injured that they cannot
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      Lock icon CEO of Danish freight forwarder expects driverless trucks within a decade
      449 20 BLOOMBERG Copenhagen THE chief executive officer of the Nordic region’s biggest road transport company predicts that the trucks he relies on can start operating without drivers within the next five to 10 years. Jens Bjoern Andersen, who drives a
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      1251 21 THE BUSINESS TIMES Shipping times MONTREAL 10 120 29/7 30/7 4/8 MONTREAL 10 120 29/7 30/7 4/8 EASTERN CAR LINER, LTD SPECIALIZE IN RORO HEAVY LIFT INTRA-ASIA SERVICE VOY Ramp(KT) Lifting(KT) HCM SIN PGD PKL JKT SURA SUN PIONEER 001 60 11/8 15/8 17/8 19/8 AERO STAR 012 60 23/8
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      307 21 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 ~Ho Chi Minh H o n g J e b e K o NYK RORO (ASIA) PTE. LTD. n g REGULAR SERVICE
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      708 21 WALLENIUS WILHELMSEN LOGISTICS Tel: (65) 6470 9100 Fax: (65) 6235 3623 Email: 2wsinenq@2wglobal.com website: http://www.2wglobal.com AUSTRALIA NEW ZEALAND TO ASIA VESSEL VOY AKL BNE PKL MEL FRE SIN TONSBERG FF627 22/07 28/07 30/07 01/08 06/08 13/08 TARAGO FF629 13/08 17/08 19/08 21/08 27/08 03/09 PARSIFAL FF630 20/08 24/08 27/08 30/08
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  • OPINION
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      Lock icon Australia needs new economic direction; Turnbull should start on reforms
      563 22 EDITORIAL THERE was a whiff of panic in the Australian central bank’s decision last week to cut the official interest rate by 25 basis points to 1.5 per cent. It is being speculated that the Reserve Bank (RBA) had to
      563 words
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      Lock icon The (false) globalisation narrative
      778 22  -  THE BOTTOM LINE By Robert J Samuelson THE WASHINGTON POST WRITERS GROUP IN the public imagination, no industry better symbolises the downfall of US manufacturing than steel. Shuttered plants dot the Mid-west. Since 1973, steel employment has dropped 76 per cent, from 610,700 to 147,300 in
      THE WASHINGTON POST WRITERS GROUP  -  778 words
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      Lock icon Is Trump’s election campaign unravelling?
      1560 22  -  Republican presidential nominee doesn’t seem to have a strategy to help deliver his message By Leon Hadar THE US Commerce Department released the figures on July 30 and the economic news was bad: gross domestic product (GDP), which measures the goods and services produced in
      PHOTO: AFP  -  1,560 words
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      Lock icon South-east Asia’s emergence as a consumption powerhouse
      902 23  -  COMMENTARY By Kevin Martin T The writer is head of retail banking and wealth management, Asia-Pacific, at HSBC DON’T underestimate the Asean consumer. Yes, there are only about half as many of them as there are in China or India. And the typical
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      Lock icon Forget Brexit concerns, it’s time for Brifta
      689 23  -  COMMENTARY By Brian Reading T The writer is a member of the Official Monetary and Financial Institutions Forum Advisory Board and was an economic adviser to prime minister Edward Heath OMFIF “BREXIT” was the British referendum vote to exit the European Union (EU).
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      Lock icon All government ministries should have an internal audit team
      321 23  -  LETTER TO THE EDITOR Tan Kok Tim Singapore I REFER to “AGO finds inadequate financial controls in agencies including HDB, LTA” (BT, July 26). Many Singaporeans must have found the report disturbing reading; I did. The Workers’ Party MPs will press
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      Lock icon A joke about BOJ’s Kuroda that is doing the rounds...
      1323 23  -  He is said to be as good as being in Abe’s government now By Anthony Rowley THERE is a little joke doing the rounds in Tokyo that the only person Japanese Prime Minister Shinzo Abe forgot to include when he
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  • LIFE & CULTURE
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      Lock icon Cool temperatures, few mosquitoes make Games Zika-free, so far
      788 24 Rio authorities, Olympic organisers are staying cautious, stressing that anti-mosquito measures will remain in place throughout the Games REUTERS Rio de Janeiro SO FAR, at the Olympics many feared would be the Zika Games, so good. With as many as one
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      Lock icon Winds of change sweep across auction world
      1239 24 NYT New York A YEAR or two ago, in less unsettled times, it was relatively easy for the wealthy to enhance their social status, and maybe make some money, by collecting art. Auction houses courted sellers with lavish guarantees; buyers, even at the
      NYT; PHOTO: BLOOMBERG  -  1,239 words
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      31 24 Want 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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  • Page 24 Miscellaneous
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      311 24 CRYPTIC CROSSWORD Across 1 Throws away useless bits? (6) 4 Averts bias with vote that’s free (8) 9 Get a point too soon? Not quite (6) 10 Computer programs for waste removing (8) 12 Novel girlfriend for Nelson (4) 13 Poisonous creeper (5) 14 Such a diver is not suited
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      482 25 Change Management in Tough Times THINK BIG L E A D E R S H I P BUSINESS SERIES 2016 How innovation Can Make a Difference Companies which think out of the box and ride on innovation during volatile times can emerge ahead of the competition. Hear from the experts
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      64 25 INDIA COMES TO YOU AT SINGAPORE INTERNATIONAL INDIAN EXPO 2016 Suntec Convention Exhibition Centre Hall: 401-402 22ND 25TH SEPTEMBER 2016 110 AM -10 PM Exhibition Highlights: Over 160 exhibitors Lucky draw prizes Celebrity appearance Food, Fun Festivity Entertainment Cultural activities 5TH YEAR 1 FREE ENTRY Singaporeil INTERNATIONAL INDIAN EXP***** ORGANISED
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  • EXECUTIVE MONEY
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      Lock icon Invest like a billionaire only if you are one
      907 25  -  That’s because ultra-rich investors aren’t trying to get the same things you are expecting with your portfolio. BY BARRY RITHOLTZ portfolio.BY BARRY RITHOLTZ BLOOMBERG New York SELL everything! That seems to be the advice coming from the moneyed set these days.
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      Lock icon Tonic for weak profits eludes S&P 500 as rally swells valuations
      574 25 BLOOMBERG New York THE profit recovery has been pushed back. Again. Even as the S&P 500 Index sits near a record, analyst forecasts just turned negative for a sixth straight quarter for corporate results for the three months ending
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      Lock icon Sub-zero T-bills returns give investors the chills
      1189 26 US Treasuries’ negative yields are prompting pundits to warn of a bubble in bonds BLOOMBERG New York FOR Kaoru Sekiai, getting steady returns for his pension clients in Japan used to be simple: buy US Treasuries. Compared with his low-risk options at home,
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      Lock icon Illinois pension fund supports Gross’s call to lower expectations
      845 26 BLOOMBERG Dallas ILLINOIS’S largest public pension agrees with Bill Gross’s admonishment that it’s time to face up to the reality of lower returns and reduce assumptions about what funds can make off stocks and bonds. Fund managers who have been counting
      BLOOMBERG  -  845 words
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      28 26 Voyage of DISCOVERY EMIRATES BUSINESS Savour regionally inspired gourmet cuisine, paired with the finest wines, all served in the perfect living space to relax and unwind. Hello Tomorrow
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