The Business Times, 6 October 2016

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

Total Pages: 41
1 16 The Business Times
  • 22 1 THE BUSINESS TIMES A SINGAPORE PRESS HOLDINGS PUBLICATION www.businesstimes.com.sg @BusinessTimes MCI (P) 052/08/2016 S$1.20 CO REGN NO *****2868E Thursday, October 6, 2016
    22 words
  • 147 1 Short-term risks to global financial stability have abated in recent months, but medium-term risks are building, the International Monetary Fund warns. TOP STORIES 2 The COE premium for small cars rises, surprising some car dealers who had expected premiums in general to stabilise amid a slowing economy, which
    147 words
  • 1008 1  -  Diversity panel chief says Singapore’s reputation and edge could be hurt by its falling behind peers By Kenneth Lim kenlim@sph.com.sg @KennethLimBT Singapore THE government is supporting the Diversity Action Committee’s (DAC) call for Singapore-listed companies to report on diversity policies and targets, or provide
    PHOTO: BLOOMBERG  -  1,008 words
  • 707 1  -  MAS report shows continued growth for fund managers amid lacklustre public market returns By Cai Haoxiang haoxiang@sph.com.sg @HaoxiangCaiBT Singapore A NEWLY-RELEASED Monetary Authority of Singapore (MAS) report showed that despite turbulent markets, Singapore’s asset management industry enjoyed a reasonably
    Source: MAS (2015 Singapore Asset Management Survey)  -  707 words
  • 25 1 Wednesday Change STI 2,881.79 -2.85 KL COMP 1,662.92 +1.67 NIKKEI 225 16,819.24 +83.59 HANG SENG 23,788.31 +98.87 SHENZHEN B CLOSED Dow(11.45am EDT) 18,286.69 +118.24
    25 words
  • Page 1 Advertisements
    • 63 1 *****1 *****1 THE BUSINESS TIMES US$ PROPERTY’S PLACE IN INVESTMENT PORTFOLIOS PULLOUT: SPECIAL REPORT Jaeger-leCoultre Boutiques 2 Orchard Turn, ION Orchard, #02-08, Tel: +65 6510 2882, Singapore 2 Bayfront Ave,The Shoppes at Marina Bay Sands, #B2M-240, Tel: +65 6688 7003, Singapore Reverso Tribute Calendar watch Eduardo Novillo Astrada, polo Champion,
      63 words
    • 11 1 CLOUDY FORECAST Property agencies, agents exit tough market REAL ESTATE 14
      11 words
    • 31 1 PULLING NO PUNCHES Google challenges Apple, Samsung with its Pixel technology /19 1MDB DEBACLE 1MDB funds siphoned off under ‘Ponzi’ scheme TOP STORIES 5 BTGraphics: No skirting around diversity, Page 4
      31 words

  • TOP STORIES
    • 660 2  -  IMF cautions that the world could slide into economic and financial stagnation IMF STABILITY REPORT By Anthony Rowley btworld@sph.com.sg Washington SHORT-term risks to global financial stability have abated in recent months, but medium-term risks are building, the International Monetary Fund (IMF) warned on
      FILE PHOTO  -  660 words
    • 561 2  -  By Anthony Rowley btworld@sph.com.sg Washington GLOBAL debt is now at an all-time high and could “thwart the fragile global economic recovery”, the International Monetary Fund (IMF) warned on Wednesday. It said in the latest issue of its Fiscal Monitor report that
      PHOTO: REUTERS  -  561 words
    • 917 2  -  in addition to this, it unveils other incentives aimed at propelling the Port of Singapore into the age of LNG bunkering FUELLING SHIPPING By Tan Hwee Hwee hweetan@sph.com.sg @HweetanBT Singapore THE Maritime and Port Authority of
      917 words
    • 223 2 THE STRAITS TIMES Singapore PATIENTS will now have an idea of how much private-sector surgeons charge for their services. The Ministry of Health (MOH), which started publishing total operation fees in public hospitals in 2014, has expanded the list to include
      THE STRAITS TIMES  -  223 words
    • 389 4  -  The Diversity Action Committee is urging stronger requirements for companies to measure and disclose diversity policies as it believes that Singapore is falling behind in the race to reverse women’s persistent under-representation in corporate boards. By KENNETH LIM BT Explains By KENNETH LIM Mr Bocker said
      Data: Diversity Action Committee  -  389 words
    • 441 4  -  By Samuel Ee samuelee@sph THE certificate of entitlement (COE) premium for small cars rose in October’s first round of bidding, surprising some car dealers who had expected premiums in general to stabilise amid a slowing economy, which continues to tighten its grip on vehicle purchases.
      441 words
    • 598 4  -  By Pauline Ng btworld@sph.com.sg Kuala Lumpur CRIMINAL organisations when conducting cross-border transactions look at basic systems including money services businesses (MSBs) that are less stringent about “know your customer (KYC)” requirements, financial-crime specialists said, noting that some of these outfits are set up
      598 words
    • 557 5  -  Swiss regulator gives update on its ongoing probe into Malaysia-govt-owned strategic investment company By Anita Gabriel anitag@sph.com.sg @AnitaGabrielBT Singapore MORE than a year and a half ago Malaysian opposition lawmaker Tony Pua described Malaysia’s troubled 1 Malaysia Development Bhd (1MDB) as a “Ponzi”
      557 words
    • 642 5  -  By Anthony Rowley btworld@sph.com.sg Washington THIS year, the Philippines will emerge alongside China among the developing East Asian economies in pole position in terms of growth. They will be followed by Vietnam and Indonesia, the World Bank has
      PHOTO: BLOOMBERG  -  642 words

  • Page 3 Advertisements
    • 186 3 VOLVO FOR LIFE’S FINEST MOMENTS. In the All-New Volvo S90, every moment is breathtaking. From the moments of awe you experience as you ease into the impeccably luxurious cabin of the longest car in its class, to the moments of exhilaration as you command every road with power and distinction.
      186 words


  • Page 5 Advertisements
    • 114 5 A STAR ALLIANCE MEMBER ECONOMY CLASS ROYAL SILK CLASS All-in fare starting from All-in fare starting from $628 $1,688 SINGAPORE BANGKOK TEHRAN vv "se *Terms and conditions apply. thaiairways.com.sg V Start A NEW DIRECT RUNWAY TO TEHRAN, THE PRIDE OF PERSIA A is Beautiful monuments await to be discovered when
      114 words

  • COMPANIES & MARKETS
    • 1017 6 Deal values asset at S$95m; S’porean buyer group includes Straits Trading’s Chew Gek Khim, KSH’s Choo Chee Onn Singapore HEETON Holdings has finally sold its entire interest in the completed iLiv@Grange project. This was through a sale of shares in a wholly-owned subsidiary of Heeton which
      1,017 words
    • 281 6  -  HOT STOCKS By Cai Haoxiang haoxiang@sph.com.sg @HaoxiangCaiBT Singapore DEVELOPER OUE said on Wednesday that it is not involved in any ongoing discussions to buy a stake in United Engineers (UE), but shares in both companies remained in play nevertheless. On Wednesday morning,
      Source: Bloomberg  -  281 words
    • 465 7  -  Official says some small-caps have performed well; a couple of tech listings can be expected around year-end By Melissa Tan melissat@sph.com.sg @MelissaTanBT Singapore A TOP official at the Singapore Exchange (SGX) defended the local bourse’s track record on small-cap companies on
      FILE PHOTO  -  465 words
    • 410 7  -  By Nisha Ramchandani nishar@sph.com.sg @Nisha_BT Singapore DEVELOPER Keppel Land (KepLand) is divesting its full stake in Wiseland Investment (Myanmar) to Myanmarbased hospitality group Eden Hotels and Resort Co for US$41 million. Wiseland Investment owns and operates the 250-room Sedona Hotel Mandalay. Situated in the
      410 words
    • 326 8  -  By Jamie Lee leejamie@sph.com.sg @JamieLeeBT Singapore UPP Holdings plans to buy a 5 8.34 per cent stake in Taiga Building Products Canada’s largest wholesale distributor of building materials for C$18.9 million (S$ 19.7 million). Of the 58.34 per cent, 19.25
      326 words
    • 983 8  -  Construction of harbour tugs, part of Singapore’s LNG bunkering pilot programme, due for completion in 2018 By Tan Hwee Hwee hweetan@sph.com.sg @HweetanBT Singapore KEPPEL Offshore Marine’s subsidiary Keppel Singmarine is set to construct its first pair of dual-fuel diesel liquefied natural gas
      983 words
    • 686 8  -  HOCK LOCK SIEW BY CLAIRE HUANG huangjy@sph.com.sg @ClaireHuangBT ONLINE shopping is an integral part of everyday life these days, with many individuals buying basic and luxury goods via Internet sites. Even in the financial sphere, online activity is rising investors can easily
      686 words
    • 221 8  -  B y Jamie Lee leejamie@sph.com.sg @JamieLeeBT Singapore INDONESIA’S mobile phone operator Trikomsel on Wednesday said bondholders owning a total of S$215 million worth of its Sing dollar-denomin-ated defaulted bonds due 2016 and 2017 will have notes exchanged for shares in
      221 words
    • 368 8 REUTERS Hong Kong CHI-X Japan, the Tokyo-based share trading platform owned by Chi-X Asia Pacific, is set to launch an anonymous off-exchange market known as a “dark pool”, to grab more business from the Tokyo Stock Exchange (TSE). The launch, scheduled for Oct
      REUTERS  -  368 words
    • 190 8 REUTERS Kuala Lumpur MALAYSIAN palm oil firm Sime Darby Bhd said on Wednesday its share placement to raise RM2.36 billion (S$780 million) was oversubscribed due to strong demand from institutional investors. The sale is the second largest equity markets deal in South-east Asia this
      REUTERS  -  190 words
    • 330 8  -  COMMENTARY By Christopher Langner BLOOMBERG ASIAN investors often say that Evergrande is too big to fail. The real estate group may be putting that notion to the test, and in the process could unleash a flood of deals back
      BLOOMBERG  -  330 words
    • Article, Illustration
      63 10 STI Catalist Straits Times Index Oct 5,2016 2,881.79 -2.85 (-0.10%) Current streak 1 day Day high 2,891.24 Day low 2,870.45 52-week high 3,083.07 (Oct 26, 2015) 52-week low 2,532.70 (Jan 21, 2016) FTSE ST Catalist Index Oct 5,2016 451.38 -1.50 (-0.33%) Current streak 1 day Day high 453.63 Day low
      63 words
    • 645 10  -  The index’s 0.1% decline contrasts with the broad market, where gainers outnumber losers 236 to 169 STOCKS By Melissa Tan melissat@sph.com.sg @MelissaTanBT WEDNESDAY is named after a pagan god who supposedly plucked out one eye and dropped it into a well in exchange for
      Source: Bloomberg  -  645 words
    • 302 10 Stock name Close Change Day high/low 52w high 52w low PE Div yield Mcap Ascendas Reit 248 -1 250/247 257 209 6.2 6892.5 CapitaCom Trust 162.5 +0.5 163.5/161 164 127 5.3 4814.1 CapitaLand 317 -2 321/316 340 280 12.7 2.8 *****.4 CapitaMall Trust 213 -4 216/212 225 185
      302 words
    • 35 10 VOLUME Noble 316,346,000 Ezra 157,781,100 Addvalue Tech 139,982,900 HLH Grp 113,804,600 Alliance Mineral 94,137,000 Market volume 2,435,906,000 VALUE Noble 55,983,291 Singtel 55,953,200 DBS Grp 51,667,848 OCBC Bank 29,444,689 SingPost 29,252,221 Market value 935,370,000
      35 words
    • 104 10 Most Active Fund Last sale +/-(‘000) Day high/low 52w high/low Buy/Sell Mcap STI ETF 293 190 294/292 314/254 292/293 IS MS INDIA US$ US741 -1 89 744/739 772/575 741/744 92.6 DBXT MSTaiwan US$ US2312 +2 70 2313/2302 2331/1667 2305/2311 13.1 GLD US$ US***** -342 70 *****/***** *****/***** *****/*****
      104 words
    • 77 10 Oct 5 VALUE CLOSE BT OB/OS 214.00 +5.00 BT CADI -*****.00 +64.00 BT 10-day MA -*****.00 +21.00 FTSE ST Mid Cap 702.27 +2.76 FTSE ST Small Cap 387.56 +2.91 FTSE ST All Share 709.18 +0.05 FTSE ST China Top 159.80 -0.71 FTSE ST China 195.08 -2.55 FTSE
      77 words
    • 36 10 STI FTSE ST All-Share FTSE ST All-Share index Oct 5, 2016 709.18 +0.05 (+0.01%) Current streak 3 days Day high 710.93 Day low 706.61 52-week high 743.17 (Oct 26, 2015) 52-week low 625.37 (Jan 21, 2016)
      36 words
    • 33 10 STI MSCI EAFE MSCI EAFE index Oct 4,2016 1,704.84 +1.83 (+0.11%) Current streak 2 days Day high 1,712.62 Day low 1,698.11 52-week high 1,779.25 (Oct 26, 2015) 52-week low 1,492.43 (Feb 12, 2016)
      33 words
    • 186 10 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 8 6 2 0 1 0 8 7 2 Manufacturing 40 24 30 12 6 10 52 30 40 Commerce 23 13 12 3 8 2 26 21 14 Tpt/Stor/Comms 20 6 8
      186 words
    • 121 10 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 21,317 183 21,500 59,588 30 59,618 Manufacturing 134,370 32,641 167,011 93,765 1,443 95,208 Commerce 381,913 111,109 493,022 102,870 1,629 104,499 Tpt/Stor/Comms 245,971 890 246,861 145,940 90 146,030 Finance 16,213 1,468 17,681 128,256 158 128,414 Construction
      121 words
    • 77 10 BY CENTS CLOSE UP 52w high/low Lyxor Nasdaq US$ 1923 45.2 1.7 1925/1557 DBXT MSAsExJp US$ 3577 38.4 0.8 3633/2772 DBXT Nifty US$ ***** 27.4 0.1 *****/***** IS ASIA HYG S$D 1499 27.0 1.8 1507/1407 DBXT S&PShort US$ 1958 26.0 1.0 2362/1930 BY PERCENTAGE CLOSE UP 52w high/low LionGold
      77 words
    • 75 10 BY CENTS CLOSE DOWN 52w high/low GLD US$ ***** -468.4 -2.7 *****/***** DBXT iBoxxSing SG$ ***** -80.0 -0.6 *****/***** DBXT MSKorea US$ 5861 -65.8 -0.8 6041/4629 Longcheer 53 -63.5 -54.5 123/42 DBXT E50 US$ 4512 -31.5 -0.5 5000/3918 BY PERCENTAGE CLOSE DOWN 52w high/low KepCorp MBeCW16 0.3 -88.9 -2.4
      75 words
    • 79 10 VOL CLOSE($) CHANGE HLH 113,804.6 0.010 +0.002 +25.00 China Intl 21.4 0.200 +0.070 +53.85 NutryFarm 75.3 0.400 +0.110 +37.93 Eucon 531.3 0.019 +0.004 +26.67 WE 51,621.0 0.004 -0.001 -20.00 Atlantic Nav 15.0 0.225 +0.055 +32.35 Nam Cheong 40,983.0 0.066 +0.009 +15.79 MDR 18,073.9 0.004 +0.001 +33.33 Longcheer 34.7
      79 words
    • BROKERS’ TAKE
      • 252 10 Target price: S$0.70 Oct 5 close: S$0.61 NRA Capital, Oct 5 PAN-UNITED announced on Oct 4 the divestment of its 100 per cent owned tug and barge business to its controlling shareholders for S$29.92 million in cash. The two sale companies incurred net losses of S$4.1 million
        252 words
      • 67 10 Singapore real estate investment trusts Overweight UOB Kay Hian Research, Oct 5 amid the global hubbub surrounding the commencement of China’s National Day Golden Week, Singapore hoteliers may have less to cheer for. The average length of stay for Chinese visitors has deteriorated rapidly since 2014. We prefer geographically diversified
        67 words
      • 134 10  - Dutech Holdings Add Compiled by Kenneth Lim Target price: S$0.61 Oct 5 close: S$0.485 CIMB Research, Oct 4 WE visited Dutech’s two production plants in Nantong, China and came back with a positive view. We note two positive developments that are likely ongoing. We understand that Dutech is in negotiations
        134 words
    • 9 10 DATA I Oct 6 US initial jobless claims
      9 words
    • 400 11 CURRENCIES REUTERS London THE euro soared to a five-year peak against the struggling pound on Wednesday and scaled a three-week high against the yen, bolstered by rising eurozone government bond yields. Most eurozone bond yields rose to two-week highs in European trade, a day
      REUTERS  -  400 words
    • FOREX RATES
      • Article, Illustration
        2 11
        2 words
      • 471 11 Oct 5 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.004 5.082 0.679 5.909 50.701 99.040 0.783 8.474 3.151 1.060 79.586 36.771 1.044 10.439 0.744 23.921 26.484 0.599 0.762 Canada 0.996 5.060
        471 words
      • 2 11
        2 words
      • Article, Illustration
        2 11
        2 words
      • Article, Illustration
        1 11
        1 words
      • 22 11 Oct 5 S$ Bid Offer 1-month 1.3692 1.3703 2-months 1.3692 1.3701 3-months 1.3691 1.3701 6-months 1.3689 1.3702 Source: OCBC
        22 words
      • 155 11 Oct 5 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.0432 1.0440 0.7616 0.7618 Canadian dollar 1.0388 1.0397 0.7586 0.7584 Euro 1.5365 1.5376 1.1218 1.1219 NZ dollar 0.9836 0.9848 0.7181 0.7186 Sterling pound 1.7416 1.7434 1.2715 1.2721
        155 words
    • EQUITY BONDS WARRANTS FUTURES
      • 205 11 Most active Oct 5 Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Charisma EnergyServicesW*****3 0.1 unch ***** 1 3 1 Ezion Holdings W*****4 6.8 0.9 2747 1 45 67 4.56 42 OCBC Bk MB eCW*****8 3.2 0.1 2456 0.1
        205 words
      • 377 11 In local curr In S$ In US$ dy yr dy yr dy yr Oct 4 Index Change Change Change Change Change Change World Preliminary 1310.0 0.3 2.5 0.3 0.0 0.0 3.6 EAFE Preliminary 984.0 0.8 -2.9 0.4 -4.1 0.1 -0.7 Europe Preliminary 1417.0 1.0 0.3
        377 words
      • 384 11 Oct 5 OPEN HIGH LOW SETT VOL OP/INT FTSE CHINA A50 INDEX FUTURES Oct16 9617.50 9640.00 9597.50 9617.50 ***** *****7 Nov16 9627.50 9650.00 9627.50 9640.00 121 503 NIKKEI 225 INDEX FUTURES Dec16 *****.00 *****.00 *****.00 *****.00 ***** *****5 Mar17 *****.00 *****.00 *****.00 *****.00 802 1915 MSCI TAIWAN
        384 words
    • BANK RATES
      • 154 11 Oct 5 $S Offer Bid 0vernight 0.05 0.02 1-month 0.625 0.375 2-months 0.8125 0.6875 3-months 0.875 0.75 Overnight mode: 0.05 US$ Offer Bid 7 days 0.55 0.45 1 month 0.63 0.53 2 months 0.80 0.60 3 months 1.00 0.80 6 months 1.30 1.10 9 months 1.50 1.30 12
        154 words
      • 69 11 Oct 5 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year NY*****A 4.000 01-Sep-18 105.79 105.80 105.74 5-Year N*****0Z 1.250 01-Oct-21 99.35 99.40 99.31 10-Year NX*****F 2.125 01-Jun-26 102.15 102.28 102.15 15-Year NZ*****F 2.875 01-Sep-30 108.63 108.45 108.40 20-Year NZ*****X 2.250 01-Aug-36 99.92
        69 words
    • AGRI METALS ENERGY
      • 250 11 Oct-4 Price Net change change Last Trade Agricultural Oct-4 CBOT Soybeans (US cents/bu) 963.50 -9.50 -0.98% 14/11/2016 CBOT Soybean Oil (US cents/lb) 32.89 -0.16 -0.48% 14/10/2016 CBOT Wheat (US cents/bu) 395.50 0.00 0.00% 14/12/2016 Oct-4 LIFFE Cocoa (£/tonne) 2295.00 28.00 1.24% 13/12/2016 LIFFE Coffee (US$/tonne) 1958.00 -19.00 -0.96%
        250 words
    • 1901 12 52-Wk Last Vol Day Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/Ep $mil Company Last Sale Vol ('000) High Day 149 127 AIMSAMP Cap Reit 142 unch 238 142 141 0.9 8 905 Div 144 101 ARA Asset Mgmt 135 -0.5 1255 136
      1,901 words
    • 328 12 52-Wk Last Vol Day Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/E Last vol Day Div GrYld Net 0.6 0.1 t Advanced Systems 0.2 unch 0 0.4 0.2 5.3 46.5 29.5 t Advancer Global 40.5 -0.5 751 42 40.5 16.1 70.1 LOW 16.2
      328 words
    • 135 12 52-Wk Last Vol Day Div GrYld Net MCap High Low Counter Sale +/-(’000) High Low C’vr P/E Counter Last Sale 1210 1061 CIMBASEAN40 S$D 1202 +10 0 1202 1202 vol 3268 2355 DBXT China50 US$ US3184 +10 6 3184 3166 8.8 116.2 97.5 DBXT MS SING US$ US114.5
      135 words
  • Page 6 Advertisements
    • 429 6 3D MATTERS PTE LTD INTEGRO TECHNOLOGIES PTE LTD ABRASIVE ENGINEERING PTE LTD INOVA MICROSYSTEMS PTE LTD ADVANCED BEST TECHNOLOGIES PTE LTD I-SPRINT INNOVATIONS PTE LTD ADVENT2 LABS CONSULTATION PTE LTD JJ-LAPP CABLE ATS APPLIED TECH SYSTEMS PTE LTD KEYENCE SINGAPORE PTE LTD BESTELL SOLUTION PTE LTD LEARNERS HUB PTE LTD
      429 words

  • Page 7 Advertisements
    • 242 7 111 North Bridge Road #02-43 Peninsula Plaza S(*****7) Distinguishing ever since Singapore Pioneer Tailor Sartorial Statement We strive to uphold the Traditional Tailoring Skill “the greatest of the smaller Art” Sir Winston Churchill once said, with availability and affordability. Sartorial Philosophy If you like to dress well are Brand conscious
      242 words


  • Page 9 Advertisements
    • 24 9 Everyonedeserves a great Weekend. The all-new Business Times Weekend. Saturday 8 October. For advertising opportunities, call 1800 822 6382 or email us at mkgsales@sph.com.sg
      24 words



  • Page 12 Advertisements
    • 71 12 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!
      71 words

  • Page 13 Advertisements
    • 700 13 IN THE MATTER OF The Companies Act, Chapter 50 And In the Matter of 1. EVERIAN HOLDINGS PTE LTD (Company No. *****7474Z) 2. FIRST CAPITAL REALTY PTE LTD (Company No. *****1851K) (In Members’ Voluntary Liquidation) NOTICE OF RESOLUTIONS Notice is hereby given that at the Extraordinary General Meeting of each
      700 words
    • 4624 13 KODA LTD (Company Registration Number: *****1299R) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of KODA LTD (the "Company") will be held at 28 Defu Lane 4, Singapore *****4 on Friday. 28 October 2016 at 10.00 a.m. to
      4,624 words
    • 150 13 NOTICES Te l 6 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 a s s c o m s g Notice
      150 words
    • 52 13 INTELLECTUAL PROPERTY ASSETS FOR SALE BY EXPRESSION OF INTEREST Intellectual Property Assets comprising proprietary inventions and patents in water purification and water desalination technologies for sale on an “as-is-where-is” basis. Closing Date: 17 October 2016 For further information, contact: Mr. Chan Yee Hong/Mr. Louis Lim Tel: 6597 7292/6534 5700 Email
      52 words

  • REAL ESTATE
    • 431 14 Home buyers in Shenzhen to pay downpayment of 30%; Guangzhou caps purchases to 2 properties REUTERS Beijing CHINA’S southern megacities of Guangzhou and Shenzhen are the latest centres to roll out new measures to cool their overheated real estate markets, including
      REUTERS  -  431 words
    • 731 14  -  A special feature brought to you by ST JOBS LEARNING BY KEVIN RYAN In today’s business world, networking is more important than ever. Change and uncertainty are the norm with some experts predicting that someone entering the workforce today will have at least twenty changes in their jobs.
      731 words
    • 959 14  -  Number of licensed property agencies slips 3.5% and of registered property agents falls 4.9% at end-March 2016 By Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore IN a “survival of the fittest” situation in the challenging domestic property market, property agencies and agents are
      959 words
    • 746 15 It does so by promoting smarter growth and building pedestrian-minded urban nodes NYTIMES North Bethesda, Md. CONGESTED and derided, the Rockville Pike thoroughfare, which connects Bethesda and Rockville, troubled local residents, officials and developers for years. “I’ve lived in this area most of my life,
      NYTIMES; PHOTO: NYTIMES  -  746 words
    • 1212 16  -  The emergence of fintech firms is generating demand for startup hub space and will likely affect the office footprint of traditional banks. By CHRISTINE LI T The writer is the director and head of research at Cushman Wakefield Singapore FINTECH is the new
      1,212 words
    • 1591 16 Property transactions for districts 1 to 21 with contract dates between Aug 24 and Aug 30,2016 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT-IN/LAND AREA*(SQ FT) PRICE (S$’000) PSF (S$) District 1 NON-LANDED V On Shenton Apt 25/08/2016 99 1216 2471 2032 District 2 NON-LANDED Icon Apt
      1,591 words
  • Page 14 Advertisements
    • 85 14 AUSTRALIAN PROPERTY FINANCE Have you recently bought an Australian property and need a loan to complete the transaction? Already own and want to ensure you have the best loan? CONTACT SPECIALIST MORTGAGE HERE IN SINGAPORE FOR A FREE IMPARTIAL REVIEW OF ALL YOUR OPTIONS. Illl W: www.smats.net E: smats@smats.net T:
      85 words
    • 16 14 Grow Your Stock Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Mergers Acquisitions Notices
      16 words

  • Page 15 Advertisements
    • 615 15 For Sale Prime Freehold Residential Buildings Sites Near Orchard Road Cuscaden Walk nr Grange Road Hullet Road n ft t 96 it rr SC ps 0 if! N ■I r 1 Land 21,560 sf; GPR 2.8; 36 stys 1 Potential GFA 60,368 sf approx. 1 Extg 11 apts of 3,627
      615 words
    • 439 15 11 MCDONALD STREET AND 32 ALTHAM AVENUE, MORNINGSIDE, AUCKLAND A SUBSTANTIAL AUCKLAND CITY FRINGE OPPORTUNITY WITH SIGNIFICANT POTENTIAL =9 <r x ■4 Substantial freehold site of 10,640 square metres (more or less) Business Mixed Use zoning provides significant re-development potential Current income of $1.1 million GST pa guaranteed until March
      439 words


  • BANKING & FINANCE
    • 769 17 New York-based bank is threatening to break HSBC’s 9-year streak as the region’s biggest deal maker BLOOMBERG Dubai IN the hottest battleground for emer-ging-market bond deals, JPMorgan Chase Co is outflanking HSBC Holdings plc for the first time in a
      BLOOMBERG; PHOTO: REUTERS  -  769 words
    • 386 17 This is fuelled by improving outlook for inflation and economic growth BLOOMBERG Singapore JPMORGAN Chase Co says the benchmark Treasury yield can climb as high as 2 per cent this year, joining Goldman Sachs Group Inc in predicting a level unseen
      BLOOMBERG  -  386 words
  • Page 17 Advertisements
    • 316 17 7 FRANCHISING LICENSING ASIA 2016 Exhibition Conference 13-15 OCTOBER 2016 10.30am 6.30pm (Thu Fri) 10.30am 5.30pm (Sat) Level 1, Hall B, Sands Expo Convention Centre Marina Bay Sands MIND YOUR OWN BUSINESS iNCE Dapan^R PAVILION UNITED ARAB .EMIRATES. KOREA i PAVILION Vw Q THAILAND .PAVILION V FUTURE READY Presenting SHigap^^
      316 words

  • ENERGY & COMMODITIES
  • Page 18 Advertisements
    • 629 18 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 CHEVRON INDIA HOLDINGS PTE. LTD. (Company Registration No: *****4995E) (Incorporated in Singapore) (IN MEMBERS’ VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of the members of the Company
      629 words

  • TECHNOLOGY
    • 836 19 It also shows its AI prowess with new virtual reality headset, Wi-Fi router AFP San Francisco GOOGLE opened fire on rivals Apple, Samsung and Amazon in a new push into hardware on Tuesday, launching premium-priced Pixel smartphones and a slew of other devices
      AFP; PHOTOS: BLOOMBERG  -  836 words
    • 542 19 REUTERS Seoul SCARRED by the global recall of its flagship smartphone, Samsung Electronics Co is set to report on Friday it still expects a small rise in third-quarter profit, analysts say, with healthy sales of memory chips and displays easing
      REUTERS  -  542 words
  • Page 19 Advertisements
    • 2599 19 biopharma it’s life changing iX BIOPHARMA LTD. (Incorporated in the Republic of Singapore) (Company Registration No. *****S621W) NOTICE IS HEREBY GIVEN that the Annual General Meeting of iX Biopharma Ltd. (the “Company") will be held at NUSS Kent Ridge Guild House, Inner Chamber, at 9 Kent Ridge Drive, Singapore *****1
      2,599 words

  • CONSUMER
    • 768 20 New rules shed light on a product that is often the subject of complaints NYTIMES New York PREPAID debit cards are a financial lifeline for many people, but a risky one. They lack many of the basic consumer protections that credit
      NYTIMES  -  768 words
    • 405 20 BLOOMBERG London HITACHI LTD is considering a sale of its controlling stake in Hitachi Kokusai Electric Inc that could ultimately lead to a takeover of the entire unit, people familiar with the matter said. Hitachi Kokusai, which produces equipment for
      BLOOMBERG  -  405 words
    • 383 20 NYTIMES London LVMH Moet Hennessy Louis Vuitton, the largest luxury conglomerate in the world, said on Tuesday that it had agreed to buy a controlling stake in the German luggage brand Rimowa for 640 million euros (S$984 million). The French company,
      NYTIMES  -  383 words
    • 660 20  -  Observe your customers to come up with something new A special feature brought to you by ST JOBS LEARNING By Moi Kok Wah Innovation is all the rage as it is the key to driving businesses forward. It is not just about creativity. If
      660 words
  • Page 20 Advertisements
    • 38 20 Sign up today at HTTP://LEARNING.STJOBS.SG/BOOTCAMP All bootcamps organised by STJobs qualify for tax savings under the Productivity and Innovation Credit (PIC) scheme*. *Subject to terms and conditions under the PIC scheme. ST IOBS 0 LEARNING AN S|2l EVENT
      38 words

  • GOVERNMENT & ECONOMY
  • Page 21 Advertisements
    • 30 21 BOLLYWOOD’S NEW KAPOOR Anil Kapoor’s son Harshvardhan set to dazzle screens Raising awareness of mental illness through dance GET YOUR COPY TOMORROW TO ADVERTISE: CALL KALWANT (*****327) OR NISHAL (*****438)
      30 words

  • TRANSPORT
    • 950 22 Much-heralded Chabahar port remains sleepy outpost as well as a shadow of Gwadar port, 100km east BLOOMBERG New Delhi WHEN the leaders of India, Iran and Afghanistan gathered in Tehran in the spring for a ceremony marking India’s development of a strategic
      BLOOMBERG  -  950 words
    • 472 22 BLOOMBERG New York THE proposed United Nations accord to limit pollution from international flights could cost airlines billions. For passengers, the price may be less than an in-flight glass of pinot noir. Airlines estimate the measure being
      BLOOMBERG  -  472 words
    • 371 22 Sources say some of these firms include TPG and BlackRock Inc REUTERS Colombo PRIVATE equity firm TPG and fund company BlackRock Inc are among half a dozen firms which have shown preliminary interest in a 49 per cent stake in loss-making SriLankan Airlines Ltd,
      REUTERS; PHOTO: REUTERS  -  371 words
    • 378 22 BLOOMBERG Tokyo AS troubled airbag maker Takata Corp courts buyers to resolve the car industry’s biggest recall ever, top customer and shareholder Honda Motor Co is dragging its feet on decisions that are crucial to a deal, people with knowledge of the
      BLOOMBERG  -  378 words
  • Page 22 Advertisements
    • 27 22 OCT ISSUE OUT NOW! MAGIC VC BUNDLED WITH HONDA CIVIC BOOKLET. GET YOUR COPY NOW FROM THE NEWS-STAND OR VISIT WWW.TORQUE.COM.SG/ SUBCRIPTION TO SUBSCRIBETO TORQUE WWW.TORQUE.COM.SG sPHmagazmes
      27 words
    • 25 22 Kick-start your investment strategy with tips from $how Me The Money $how Me The Money Book 4 is now available at leading bookstores and www.stpressbooks.com.sg
      25 words
    • 309 22 In this short course, Dr Tee will teach the powerful methods step by step, how to select strong global blue chip stocks, then wait patiently for different levels of crisis to buy at low price, holding for dividend income, then finally selling at high price for capital gains. The Optimism
      309 words
    • 16 22 Grow Your Stock Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Mergers Acquisitions Notices
      16 words

  • Page 23 Advertisements
    • 1015 23 S-*- THE BUSINESS TIMES SHIPPING TIMES FOONG SUN SHIPPING (PTE) LTD INDONESIA SUMATRA PORTS VESSEL VOY ETA ETD DESTINATION BERJAYA I 14/16 11/10 13/10 BELITUNG/PKL BALAM SRIJAYA 8 26/16 07/10 09/10 JAMBI/PEKAN BARU CARAKA JN3 II 15/16 07/10 09/10 PALEMBANG/PANJANG PULAU WEH 07/16 10/10 12/10 BELAWAN/MALAHAYATI INDONESIA JAVA SULAWESI PORTS
      1,015 words

  • OPINION
    • 549 24 EDITORIAL WHILE Indonesia basks in the afterglow of a successful first phase of a nine-month tax amnesty, the largest economy in South-east Asia must take stock of the reality beyond the rosy headlines. By most measure, the amnesty policy, dubbed
      549 words
    • 851 24  -  THE BOTTOM LINE By Noah Smith BLOOMBERG VIEW IT seems like forever we’ve been hearing about the decline of the Rust Belt, and people migrating to the West Coast. But why? Why did manufacturing decline in the Midwest? Why are rents so high
      BLOOMBERG VIEW  -  851 words
    • 1469 24  -  It needs to boost both private and public domestic investment to increase domestic demand. BY MARTIN HÜFNER T The writer is former chief economist of Germany’s HVB Group. This commentary was sourced from The Globalist, a web portal focusing on international economic affairs (www.theglobalist.com)
      PHOTO: AFP  -  1,469 words
    • 955 25  -  COMMENTARY By Guy Harvey-Samuel T The writer is group general manager and CEO, HSBC Singapore TRADE is the fundamental building block of the global economy as we know it: connecting countries, allowing economies to grow and underpinning international diplomacy. Its importance remains undiminished
      955 words
    • 659 25  -  By John Nugée T The writer is a director of the Official Monetary and Financial Institutions Forum and a former chief manager of reserves at the Bank of England OMFIF WHEN commercial banks get into trouble, their last resort when all
      OMFIF  -  659 words
    • 1511 25  -  It’s so deep that it overwhelms all the bad stuff from the Republican candidate and so strong that it may carry him to the White House in November By Leon Hadar Washington I KNOW, I know. I’ve been repeating myself
      PHOTO: AFP  -  1,511 words


  • LIFE & CULTURE
    • 480 26  -  Czech star Pliskova will make her debut at US$7 million event that starts on Oct 23 By Lee U-Wen leeuwen@sph.com.sg @LeeUwenBT Singapore THE line-up of players who will be jetting to Singapore to compete at this month’s Women’s Tennis Association (WTA)
      PHOTO: REUTERS  -  480 words
    • 762 26  -  By Cheah Ui-Hoon uihoon@sph.com.sg Singapore WHAT would an Asian institution do if it wants to put up a show that is drawn from the art works created during the time when Britain was an empire that spanned India, other Asian countries
      762 words
    • 376 26 AFP New York THE Rolling Stones on Tuesday hinted that they are about to release their first album in more than a decade apparently a collection of covers of Chicago blues classics. The English mega-rockers took to Twitter to tease the line “Coming October 6”
      AFP  -  376 words
  • Page 26 Miscellaneous
    • 320 26 CRYPTIC CROSSWORD Across 7 Serving US soldier in one’s pub is sensible (7) 9 Shake unruly child in the course of struggle (7) 10 Alarm losing time causes miscalculation (5) 11 Firm: it’s averse to change (9) 12 Kind of household to arrange tea for men in play (3-6,6) 13
      320 words

  • PROPERTY 2016
    • 515 1  -  LEE MEIXIAN T HERE is talk aplenty of doom and gloom in Singapore’s real estate sector, but in the past few months, certain sub-sectors have begun to show signs of stabilising, and even green shoots of recovery. No doubt the government has been hard-nosed in
      515 words
    • 1308 2  -  Realistic prices lead to healthy take-up in the new sales CCR market; foreigners continue to be drawn to S’pore. S’pore.BY ALICE TAN, DEBBIE LAM, DEREK LOR T The writers are, respectively, director and head; manager; and senior analyst, consultancy research, at Knight Frank Singapore. BEING
      1,308 words
    • 1199 4  -  Landed property prices tend to react more sharply to market-changing forces. BY ALAN CHEONG T The writer is Savills Singapore research head. LIKE their non-landed counterparts, since the third quarter of 2013, or the immediate term after the implementation of
      Source: Savills Research & Consultancy, REALIS  -  1,199 words
    • 1032 6  -  There is no reason for buyers to be alarmed as there are very few units with the unique qualities that can carry such price tags. BY ISMAIL GAFOOR T The writer is PropNex Realty CEO. FROM the onset, public housing policy has
      1,032 words
    • 784 8 / 9 Projects currently on the market Possible major launches within 6 months Source: URA, developers DISTRICT PROJECT TENURE LOCATION DEVELOPER TOTAL A 1 Marina One Residences (Tower 21) 99 Marina Way M+S Pte Ltd 521 B 2 Skysuites@Anson 99 Enggor St Allgreen Properties Ltd 360 C 3 Principal
      Source: URA, developers  -  784 words
    • 1453 10  -  These “cheaper condominiums” attract owner occupiers who want a decent-sized living space for their families. BY EUGENE LIM AND SEAH YAO HUI BY EUGENE LIM, SEAH YAO HUI T The writers are, respectively, key executive officer, and a research analyst at era Realty
      FILE PHOTOS  -  1,453 words
    • 1239 10  -  Mass market condos have been enjoying the lion’s share of non-landed property deals both new sales and resales. BY KIM HUYNH, NICHOLAS MAK T The writers are repectively, an analyst, and the executive director at SLP international. AS a result of many rounds of cooling
      Source: SLP Research, URA  -  1,239 words
    • 1616 12  -  With more lines ready, the premium of being near a station may be affected by the number of stops and transfers to the CBD. BY LEE NAIJIA T The writer is director, head (S-EA) research at Edmund Tie Company. AN old adage in real
      1,616 words
    • 1034 12  -  Designing the future workplace involves looking beyond a functional office, to also creating a civic central for talent to flourish. BY RICHARD PAINE BY RICHARD PAINE T The writer is managing director, Paya Lebar Quarter by Lendlease. THE concept of the
      1,034 words
    • 1119 14  -  Private developers can team up with end-users to propose innovative industrial space solutions and to seek lease flexibility options for government-owned leases. BY TAN BOON LEONG AND ALICE TAN BY TAN BOON LEONG, ALICE TAN T The writers are, respectively, executive
      Source: REALIS, Knight Frank Research; Source: JTC, URA, HDB, KF Research  -  1,119 words
    • 1305 14  -  Rebranding and repositioning are necessary to win over local shoppers again and experiential retail may just be one way to achieve this. BY SHAFIQ ZULAZMI AND HO PUI SHAN BY SHAFIQ ZULAZMI, HO PUI SHAN T The writers are, respectively, senior manager,
      FILE PHOTO  -  1,305 words
    • 1390 16  -  While the short-term outlook is weak, growth may return beyond end 2017 once the supply wave passes and if economic prospects are positive. BY DESMOND SIM BY DESMOND SIM T The writer is head, CBRE Research, Singapore and South-east Asia. According
      Source: CBRE Research  -  1,390 words
    • 1888 16  -  They have to innovate and up their game to survive in a crowded and increasingly difficult environment. environment.BY DONALD HAN T The writer is managing director of Chestertons Singapore. NOT too long ago, the idea of hosting our first Asia-Pacific regional conference
      Source: URA, Chestertons  -  1,888 words
  • Page 1 Advertisements
    • 276 1 Inside Inside High-end homes see price uptick 2 Who will benefit from new 12 MRT stations? Price rebound for landed homes may exceed 4 other residential types The case for private investment 14 in Singapore’s industrial properties Narrowing gap between Grade A 16 and B office buildings Will million-dollar HDB
      276 words

  • Page 2 Advertisements
    • 364 2 PROPERTY MANAGEMENT Our experienced Property Management team specializes in the operation, administration and consultancy services of Real Estate. Property Management is focused on preserving the value of the property by carefully managing and overseeing each part of the process, in top condition. POSH’s systematic and methodical approach at every stage
      364 words

  • Page 3 Advertisements
    • 270 3 Victoria Park Villas The Crown of District 10 A M •ri^ypPS iw*‘ //A' t (tiff .3*! 'if’ip ffKfc.. r-. >;• >v -.-v. -v? !f 3* V- ,.T M Shs a^»p4p ?@<* w-jfc i m ir*. m :*i •> f .'TBSW.' v 32S? -l? c r. *v% rfy 4! ~4v. y-
      270 words

  • Page 4 Advertisements
    • 256 4 STARS OF KOVAN Designed For A Spacious Lifestyle, I rV 1 m t Within PACf Full marble surfaces in the master bathroom offer a touch of understated luxury for a sophisticated lifestyle A Touch Of Clas To Breathe High efficiency one to three-bedroom units and five strata terrace units designed
      256 words

  • Page 5 Advertisements
    • 346 5 SINGAPORE'S 1 st EC WITH SMART HOMES WITH OVER 10 SMART TOUCH POINTS TO ENHANCE YOUR LIVING THE s The Future of Smart Living V s 4 if. w Ill f I III"/ j. III :■> ill If M i J ir f0 Mi IS H mu in r T}'l;
      346 words

  • Page 6 Advertisements
    • 387 6 SOPHIA HILLS A HUNDRED YEARS IN THE MAKING ASIA PACIFIC PROPERTY AWARDS if* >*' ■m-4' im s- V ARCHITECTURE Kl X r r V HIGHLY COMMENDED ARCHITECTURE MULTIPLE RESIDENCE SINGAPORE jr 11 miLUi if •I n 2015-2016 r 1, AN EXQUISITE RESIDENTIAL DEVELOPMENT IN THE PRIME DISTRICT 9 ,L >
      387 words

  • Page 7 Advertisements
    • 651 7 STAR ARCHITECTS. STELLAR COLLABORATIONS N ITS SIMPLEST FORM LE NOUVEL KLCC l_ENOU|/EI_ ARDMORE r. lilpjffl Lauded as an eminent architect with accolades including the prestigious 2008 Pritzker Architecture Prize, Jean Nouvel's projects transform the landscapes in which they are built. Each demonstrates his appreciation for the interplay and manipulation of
      651 words

  • Page 8 / 9 Advertisements
    • 141 8 / 9 CONNECTING PEOPLE PROPERTY, PERFECTLY r At Knight Frank, we believe in connecting you to the right property. Whether it’s finding the best property on the market, creating value for an international venture or evaluating the best practices for a new project, we’re there every step of the way. Tap on
      141 words




  • Page 13 Advertisements
    • 120 13 M DESIG ATTERSN Ad ve r ti s i n g F ea t u r e THEMOSTLUXURIOUS RESIDENCESDESERVE JUNG From London to Bangkok, Sentosa Cove to Queen Astrid Park, the most expensive and beautifully designed residential propertiesselectthetimelessproductsfromJUNGtocreatethe luxurious ambience the house address commands. JUNG's smart solutions for lighting, temperature,
      120 words


  • Page 15 Advertisements
    • 105 15 SLR WE ARE AS WELL-POSITIONED AS OUR DEVELOPMENTS TAPPING POTENTIAL IN ALL THE RIGHT LOCATIONS CAUSEWAY TO MALAYSIA SEMBAWANG MRT ADMIRALTY MRT 9 N JURONG REGION TUAS SECOND LINK CHANGI AIRPORT MARYMOUNT MRT JURONG LAKE DISTRICT(U/C) 8 KAKI BUKIT MRT 8 PIONEER MRT CHANGI BUSINESS PARK Hi INTERNATIONAL BUSINESS PARK
      105 words