The Business Times, 15 November 2016

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Total Pages: 40
1 40 The Business Times
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  • Title Section
    Lock icon Masthead
    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 Tuesday, November 15, 2016
    22 words
  • Article, Illustration
    Lock icon DAILY DIGEST
    236 1 IBM launches a blockchain project to help financial services providers to comply with “know your customer” requirements more rapidly and in a secure environment. TOP STORIES 2 A new US$100 million fund Is unveiled for Series A-stage startups in Singapore, targeting those in consumer tech, enterprise software, fintech
    236 words
  • Article
    Lock icon MARKETS
    26 1 Monday Change STI 2,787.27 -27.33 KL Comp 1,616.64 -17.55 Nikkei 225 17,672.62 +297.83 Hang Seng 22,222.22 -308.87 Shenzhen B 1,171.77 -0.13 Dow(10.45am EST) 18,862.32 +14.66
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  • Article
    Lock icon Spurned by lenders, Swissco to file for judicial management
    810 1  -  CEO says the company’s leading bankers do not support a crucial bond restructuring proposal By Melissa Tan melissat@sph.com.sg @MelissaTanBT Singapore THE bloodletting continues in Singapore’s struggling offshore-and-mar-ine industry. Heavily-indebted oilfield vessel operator Swissco Holdings has become the next to run aground,
    810 words
  • Article, Illustration
    Lock icon S’pore to trial blockchain to speed up business payments
    800 1  -  SINGAPORE FINTECH By Jamie Lee leejamie@sph.com.sg @JamieLeeBT Singapore SINGAPORE is set to pilot the use of blockchain for inter-bank settlements that could speed up business payments a landmark trial likely to be detailed this week during the city-state’s first FinTech Festival.
    FILE PHOTO  -  800 words
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  • TOP STORIES
    • Article, Illustration
      Lock icon Indonesia-S’pore business council to boost trade and networking
      786 2  -  PM Lee and Jokowi officially open Kendal Industrial Park in Semarang. This project will create about 4,000 jobs By Lee U-Wen leeuwen@sph.com.sg @LeeUwenBT Singapore SINGAPORE and Indonesia will set up a business council to boost bilateral cooperation and enhance networking among businesses.
      PHOTO: ZAOBAO  -  786 words
    • Article
      Lock icon Financial players get to know customers better in IBM fintech project
      782 2  -  SINGAPORE FINTECH By Amit Roy Choudhury amit@sph.com.sg @AmitRoyCBT Singapore TECH giant IBM has launched a blockchain project with Singapore financial technology (fintech) startup KYCK! so that financial-services providers can fall in with Know Your Customer (KYC) requirements sooner, and
      782 words
    • Article
      Lock icon Jubilee unveils US$100m kitty for Series A startups
      533 2  -  STARTUPS By Jacquelyn Cheok jaccheok@sph.com.sg @JacCheokBT Singapore A NEW US$100 million fund has been unveiled for Series A-stage startups in Singapore. Managed by new venture-capital player Jubilee Capital Management, it will target startups in consumer tech, enterprise software, fintech and the Internet
      533 words
    • Article
      Lock icon Nine startups join insurer Income’s accelerator programme
      472 2  -  By Claire Huang huangjy@sph.com.sg @ClaireHuangBT Singapore INSURER Income has selected nine startups to participate in its equity-free accelerator programme the first by an insurer in partnership with Infocomm Investments Private Limited (IIPL), which builds and invests in Singapore and global infocomm technology startups.
      472 words
    • Article
      Lock icon Which version of Trump will report for work?
      672 4  -  Mr Borrow-and-Spend may have to convince his party to take on more debt, says DBS CEO TRUMP AFTERMATH By Jamie Lee leejamie@sph.com.sg @JamieLeeBT Singapore DBS chief executive officer Piyush Gupta probably takes the words out of everybody’s mouth when he weighs the
      672 words
    • Article, Illustration
      Lock icon Cooperation is the only choice, Xi tells US president-elect
      506 4 REUTERS Beijing CHINESE President Xi Jinping told US president-elect Donald Trump that cooperation was the only choice for relations between the world’s two largest economies, with Mr Trump saying the two had established a “clear sense of mutual respect”. Mr Trump
      REUTERS; PHOTO: AFP  -  506 words
    • Article, Illustration
      Lock icon Trump firm on agenda but reassures Americans
      882 4 AFP New York PRESIDENT-ELECT Donald Trump has vowed to move aggressively on a conservative agenda in filling Supreme Court vacancies, cracking down on immigration and cutting taxes, but also sought to reassure worried Americans they have nothing to fear from his presidency. Setting
      AFP; PHOTO: AFP  -  882 words
    • Article
      Lock icon Asian leaders attempt to separate rhetoric from reality
      1069 4 BLOOMBERG Hong Kong DONALD Trump is set to tear up a giant Pacific trade pact and has questioned alliances that have defined America’s engagement in Asia since World War II. But it is too early to declare President Barack Obama’s “pivot” dead.
      BLOOMBERG  -  1,069 words
    • Article, Illustration
      Lock icon Not quite what you think: the typical billionaire
      779 5  -  Male, in his 60s, married, educated but not overly so, has perfect eyesight, and is an Aquarius By Michelle Quah michquah@sph.com.sg @MichelleQuahBT Singapore THERE are now 1,810 billionaires on the planet. Most readers would be able to name Bill Gates as being
      Source: Forbes/Gocompare  -  779 words
    • Article
      Lock icon All ITE Year 2 students expected to do enhanced internships by 2020
      509 5  -  Nearly 1,600 companies from all industries are now on board the Enhanced Internship programme By Lee U-Wen leeuwen@sph.com.sg @LeeUwenBT Singapore A TOTAL of 1,586 companies from across industries in Singapore now offer enhanced internship opportunities to students from
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      Lock icon Page 3 Advertisements Column 1
      34 3 A lot of people understand money. How many people understand families? MS tm aL"y». (tv MS* 1 •'k’Jv fc.J. ■> r^L'Aij v 1| d Hong Kong: +852 3191 1805 Singapore: +65 6536 1805 1805 group.pictet
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      Lock icon Page 5 Advertisements Column 1
      893 5 Special feature brought to you by Philips The Future of Healthcare and You Our panel of experts discuss the trends and technologies shaping the healthcare landscape A panel of experts came together on Channel NewsAsia’s Perspectives program, to discuss the current landscape and what the future of healthcare will look
      893 words
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  • COMPANIES & MARKETS
    • Article
      Lock icon Stay calm and take stock of Manulife US Reit
      1054 6  -  HOCK LOCK SIEW BY LYNETTE KHOO lynkhoo@sph.com.sg @LynetteKhooBT DEBATES have been swirling around what a Donald Trump presidency means for the global economy, trade and markets. Many are also mulling over the impact on commercial real estate given the real estate
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    • Article, Illustration
      Lock icon Fincantieri taking Vard private amid adverse O&G market
      578 6  -  By Tan Hwee Hwee hweetan@sph.com.sg @HweetanBT Singapore THE current adverse oil gas (O&G) market conditions have strengthened Fincantieri Group’s long-held view that it should bring Singapore-listed subsidiary Vard Holdings fully under its fold. The Italian shipping group, which through Fincantieri Oil Gas
      FILE PHOTO  -  578 words
    • Article
      Lock icon ASL getting S$99.9m club loan facility
      507 6  -  By Tan Hwee Hwee hweetan@sph.com.sg @HweetanBT Singapore MAINBOARD-listed ASL Marine has lined up a new S$99.9 million five-year club term loan facility to tide over the multi-year downturn in the offshore and marine (O&M) industry. ASL Marine's chairman and managing director Ang Kok Tian
      507 words
    • Article
      Lock icon Olam’s Q3 net profit down 8.6% on higher depreciation charges
      633 7  -  Revenue up 6% with rise in volumes traded offset by lower prices in some commodities By Andrea Soh sandrea@sph.com.sg @AndreaSohBT Singapore OLAM International’s earnings slipped 8.6 per cent in the third quarter as higher depreciation and amortisation charges negated higher
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    • Article
      Lock icon Metro’s Q2 profit falls 12.6% to S$16.2m
      452 7  -  By Michelle Quah michquah@sph.com.sg @MichelleQuahBT Singapore RETAILER and real estate developer Metro Holdings reported a poorer showing in its fiscal second quarter, affected by the closures of two of its retail stores in earlier periods. Metro said its revenue for the quarter ended
      452 words
    • Article
      Lock icon Deferred tax income and forex gains boost Golden Agri Q3 net profit
      437 7  -  By Andrea Soh sandrea@sph.com.sg @AndreaSohBT Singapore DEFERRED tax income and a foreign exchange gain, instead of a loss in the previous year, boosted Golden AgriResources’ results for the third quarter. The group recorded a net profit of US$219.7
      437 words
    • Article
      Lock icon ETF industry set to double assets under management by 2020: EY survey
      434 7  -  By R Sivanithy sivan@sph.com.sg @RSivanithyBT Singapore AFTER a decade of growth averaging 21.5 per cent per year, the exchange traded fund (ETF) market is poised to almost double its assets under management (AUM) from US$3.4 trillion in August
      434 words
    • Article, Illustration
      Lock icon STI / Catalist
      63 8 STI Catalist Straits Times Index NOV 14,2016 2,787.27 -27.33 (-0.97%) Current streak 2 days Day high 2,809.63 Day low 2,780.96 52-week high 2,960.78 (Apr 21, 2016) 52-week low 2,532.70 (Jan 21, 2016) FTSE ST Catalist index NOV 14,2016 453.94 -7.32 (-1.59%) Current streak 2 days Day high 459.10 Day low
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    • Article, Illustration
      Lock icon S’pore stocks decouple from Wall Street
      597 8  -  Selling of Singtel, Jardine shares drags STI 27.33 points lower to 2,787.27; trading volume keeps its surge STOCKS By R Sivanithy sivan@sph.com.sg @RSivanithyBT WALL Street may have risen to new highs on Friday and the Dow futures on Monday may have continued this upward
      Source: Bloomberg  -  597 words
    • Article
      Lock icon STI STOCKS
      307 8 Stock name Close Change Day high/low 52w high 52w low PE Div yield Mcap Ascendas Reit 221 -4 224/220 257 209 6.9 6195.2 CapitaCom Trust 148.5 -4 153/147.5 164 127 5.8 4400.8 CapitaLand 300 -5 306/298 340 280 12 3 *****.7 CapitaMall Trust 190 -4.5 195.5/190 225 185
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    • Article
      Lock icon MOST ACTIVE
      34 8 VOLUME IPCO Intl 331,900,300 Magnus Energy 319,193,400 Noble 139,323,600 LionGold 95,673,100 Equation 58,428,200 Market volume 2,431,189,000 VALUE Singtel 131,426,017 DBS Grp 108,610,340 OCBC Bank 46,749,497 UOB 46,655,356 CapitaLand 42,529,157 Market value 1,268,611,000
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    • Article
      Lock icon SGX ETFs
      106 8 Most Active Fund Last sale +/-(‘000) Day high/low 52w high/low Buy/Sell Mcap DBXT MSRussia US$ US210 560 223/194 223/129 207/208 STI ETF 284 -3 474 287/283 300/254 283/284 DBXT MSPHILS US$ US180 -3.6 345 182.5/177.3 222.5/158.5 178.7/179.4 14.4 ABF SG Bond ETF 115.9 -2 334 117.7/115.5 120.1/112.1 115.5/115.9
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    • Article
      Lock icon OTHER SINGAPORE INDICES
      77 8 Nov 14 VALUE CLOSE BT OB/OS -335.00 -144.00 BT CADI -*****.00 -151.00 BT 10-day MA -*****.00 -33.00 FTSE ST Mid Cap 673.83 -9.66 FTSE ST Small Cap 381.78 -3.70 FTSE ST All Share 687.36 -7.52 FTSE ST China Top 155.87 -2.16 FTSE ST China 194.54 -2.39 FTSE
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    • Article, Illustration
      Lock icon STI / FTSE ST All-Share
      36 8 STI FTSE ST All-Share FTSE ST All-Share index NOV 14, 2016 687.36 -7.52 (-1.08%) Current streak 2 days Day high 693.34 Day low 686.36 52-week high 722.88 (Apr 21, 2016) 52-week low 625.37 (Jan 21, 2016)
      36 words
    • Article, Illustration
      Lock icon STI / MSCI EAFE
      33 8 STI MSCI EAFE MSCI EAFE Index NOV 11,2016 1,640.05 -5.65 (-0.34%) Current streak 1 day Day high 1,656.33 Day low 1,636.40 52-week high 1,757.35 (NOV 19, 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 5 9 2 0 0 0 5 9 2 Manufacturing 29 42 24 6 9 10 35 51 34 Commerce 8 28 9 6 3 4 14 31 13 Tpt/Stor/Comms 4 18 3
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      121 8 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 17,917 17,917 55,265 55,265 Manufacturing 122,734 204,348 327,082 111,802 3,794 115,596 Commerce 209,259 29,463 238,722 112,228 524 112,752 Tpt/Stor/Comms 166,353 166,353 252,254 252,254 Finance 24,974 2,947 27,921 223,261 478 223,739 Construction 348,972 38,409 387,381 1,455
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    • Article
      Lock icon GAINERS
      77 8 BY CENTS CLOSE UP 52w high/low Hyflux 6% CPS 9350 32.0 0.3 *****/9100 DBS Bk 4.7% NCPS ***** 18.0 0.2 *****/***** DBXT MSJAP US$ 5010 12.7 0.2 5110/4031 Health Mgt Intl 75.5 10.0 15.3 75.5/29 DBXT CSI300 US$ 824 9.9 0.9 1011/700 BY PERCENTAGE CLOSE UP 52w high/low LifeBrandz
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    • Article
      Lock icon LOSERS
      78 8 BY CENTS CLOSE DOWN 52w high/low DBXT Nifty US$ ***** -566.1 -3.1 *****/***** GLD US$ ***** -359.5 -2.1 *****/***** JMH USD 5547 -188.2 -2.3 6371/4500 DBXT MSKorea US$ 5373 -154.3 -2.0 6041/4629 Jardine C&C 3886 -139.0 -3.5 4520/3160 BY PERCENTAGE CLOSE DOWN 52w high/low TEE Intl W*****6 0.1 -90.0
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    • Article
      Lock icon UNUSUAL ACTIVITY
      85 8 VOL CLOSE($) CHANGE Food Empire 15,794.8 0.390 +0.090 +30.00 Soon Lian 100.1 0.090 +0.008 +9.76 Starburst 1,082.7 0.220 -0.030 -12.00 Frasers L&I Tr AUD 62.0 0.890 -0.100 -10.10 Magnus Energy 319,193.4 0.001 -0.001 -50.00 China Taisan 200.3 0.082 +0.009 +12.33 Acesian Partners 1,169.7 0.024 -0.003 -11.11 Transcorp 50.6
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    • BROKERS’ TAKE
      • Article
        Lock icon Singapore
        209 8 UOB Kay Hian, Nov 14 WHILE waiting for the dust to settle after the shock outcome of the US presidential election and the US dollar volatility, we highlight deeply undervalued stocks and companies benefiting from the US dollar strength. Big-cap stocks we favour include OCBC (buy/target: S$10.45). Trading at-1.9
        209 words
      • Article
        Lock icon Pan-United Corporation | Hold
        49 8 Pan-United Corporation Hold Nov 14 close: S$0.60 Target price: S$0.59 DBS Group Research, Nov 14 ITS Q3 2016 earnings in line, boosted by forex gain. Loss-making shipping business to be off its books from FY2017 forecast. Revised FY2017-2018 forecast earnings by 32-38 per cent. Maintain “hold”, S$0.59 target price.
        49 words
      • Article
        Lock icon ComfortDelGro | Hold
        168 8  - ComfortDelGro Hold Compiled by Claire Huang Nov 14 close: S$2.41 Target price: S$2.63 Maybank Kim Eng, Nov 13 Q3 2016 in line aided by resilient taxi earnings amid heightened competition. Stronger Singapore performance offset overseas weakness. The negative share price reaction to the impending fare cuts looks overdone, in our
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    • Article
      Lock icon US$ surges to 11-month high as bond rout continues
      443 9 CURRENCIES REUTERS London THE US dollar surged to an 11 -month high against a basket of major currencies on Monday, resuming gains driven by rising US bond yields and expectations for inflation since Donald Trump’s US election victory. China’s yuan lost
      REUTERS  -  443 words
    • FOREX RATES
      • Article, Illustration
        Lock icon HANG SENG
        2 9
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      • Article
        Lock icon INTERBANK CROSS RATES
        471 9 Nov 14 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.024 5.163 0.700 5.859 51.104 100.897 0.813 8.869 3.270 1.065 79.137 37.176 1.069 10.876 0.749 24.190 26.760 0.604 0.755 Canada 0.976 5.040
        471 words
      • 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 Nov 14 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.0688 1.0696 0.7552 0.7554 Canadian dollar 1.0434 1.0442 0.7375 0.7372 Euro 1.5264 1.5273 1.0785 1.0786 NZ dollar 1.0036 1.0047 0.7091 0.7095 Sterling pound 1.7690 1.7704 1.2499 1.2503
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      • Article
        Lock icon US$/S$ FORWARD RATES
        22 9 Nov 14 S$ Bid Offer 1-month 1.4152 1.4162 2-months 1.4152 1.4162 3-months 1.4152 1.4161 6-months 1.4150 1.4163 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
        202 9 Most active Nov 14 Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Equation Summit LimitedW*****2 0.4 unch ***** 1 1 40 2.50 9 DBS MB eCW*****1 13.8 -0.7 2667 0.1 1550 3 FTSEChinaA50 9500 MBePW*****9 6.4 -0.6 2556 0.0
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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 Nov 11 Index Change Change Change Change Change Change World Preliminary 1299.6 -0.5 1.7 -0.3 1.3 -0.5 1.8 EAFE Preliminary 969.8 -0.4 -4.3 -0.1 -4.9 -0.4 -4.4 Europe Preliminary 1376.1 -0.8 -2.6
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      • Article
        Lock icon SGX DERIVATIVES TRADING
        368 9 Nov 14 OPEN HIGH LOW SETT VOL OP/INT FTSE CHINA A50 INDEX FUTURES Nov16 *****.00 *****.00 *****.00 *****.00 *****2 *****3 Dec16 *****.50 *****.00 *****.00 *****.00 ***** ***** NIKKEI 225 INDEX FUTURES Dec16 *****.00 *****.00 *****.00 *****.00 ***** *****6 Mar17 *****.00 *****.00 *****.00 *****.00 15 5590 MSCI TAIWAN
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    • BANK RATES
      • Article
        Lock icon INTERBANK RATES
        154 9 Nov 14 $S Offer Bid 0vernight 0.03 Par 1-month 0.75 0.625 2-months 0.875 0.75 3-months 1.0 0.875 Overnight mode: 0.20 US$ Offer Bid 7 days 0.55 0.45 1 month 0.65 0.55 2 months 0.85 0.65 3 months 1.00 0.80 6 months 1.30 1.10 9 months 1.50 1.30 12
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      • Article
        Lock icon GOVERNMENT SECURITIES
        67 9 Nov 14 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year NY*****A 4.000 01-Sep-18 105.13 105.31 105.21 5-Year N*****0Z 1.250 01-Oct-21 97.87 98.25 98.05 10-Year NX*****F 2.125 01-Jun-26 98.26 99.36 98.90 15-Year NZ*****F 2.875 01-Sep-30 102.25 103.65 102.40 20-Year NZ*****X 2.250 01-Aug-36 92.22
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    • AGRI METALS ENERGY
      • Article
        Lock icon COMMODITY FUTURES
        243 9 Nov-11 Price Net change change Last Trade Agricultural Nov-11 CBOT Soybeans (US cents/bu) 978.50 -10.50 -1.06% 14/11/2016 CBOT Soybean Oil (US cents/lb) 34.44 -0.33 -0.95% 14/12/2016 CBOT Wheat (US cents/bu) 403.00 -1.75 -0.43% 14/12/2016 Nov-11 LIFFE Cocoa (£/tonne) 2068.00 13.00 0.63% 13/12/2016 LIFFE Coffee (US$/tonne) 2083.00 -50.00 -2.34%
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    • Article
      Lock icon Dual-class shares debate tosses up two themes
      703 10  -  Pursuit of market innovation and robustly regulated investing options not mutually exclusive: SGX chief By Kenneth Lim kenlim@sph.com.sg @KennethLimBT Singapore A REGULATORY structure for dualclass shares that provides appropriate safeguards can give investors more options while creating an innovative capital-raising venue, Singapore Exchange
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    • Article
      Lock icon SunMoon Food to divest China assets; responds to concerns raised by SIAS
      585 10  -  By Tan Hwee Hwee hweetan@sph.com.sg @HweetanBT Andrea Soh sandrea@sph.com.sg @AndreaSohBT Singapore SINGAPORE-LISTED SunMoon Food Company has entered into an agreement to sell its subsidiary, United Agro Produce Pte Ltd (UAPL), and its dehydrated-produce business for S$4.1 million to
      585 words
    • Article, Illustration
      Lock icon Heralding an era of financial inclusiveness
      650 10  -  Fintech offers solutions to those who have no access to traditional services FINTECH CONSIDERED Steven Fang FINTECH has fundamentally changed the way financial institutions, businesses and consumers interact, and its benefits undoubtedly signify a new era of financial inclusiveness and innovation for the industry.
      PHOTO: AFP  -  650 words
    • Article
      Lock icon Jessica Tan to leave Microsoft S’pore end-2016
      322 10  -  By Jacquelyn Cheok jaccheok@sph.com.sg @JacCheokBT Singapore JESSICA Tan, managing director of Microsoft Singapore, will be leaving Microsoft to pursue new business opportunities, the tech company announced on Monday. She will remain in her role until Dec 31,2016. Kevin Wo, a senior vicepresident at
      322 words
    • Article
      Lock icon ST Engineering shuffles leadership team
      282 10 Singapore MAINBOARD-listed Singapore Technologies Engineering (ST Engineering) is making changes to its leadership team which will see new presidents for ST Electronics and ST Kinetics. Lee Fook Sun will step down as president of ST Electronics from Jan 1, 2017, to focus on his other
      282 words
    • CORPORATE DIGEST
      • Article
        Lock icon Tat Hong
        168 10 TAT Hong Holdings sank into the red in its second quarter, chalking up a net loss of S$5.4 million, from a net profit of S$4.4 million in the previous year. For the three months ended Sept 30, revenue dropped 20 per cent to S$109.8 million from the preceding
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      • Article
        Lock icon Yanlord Land Group
        56 10 YANLORD Land Group’s third-quarter net profit soared to 564.2 million yuan (S$116.7 million) from 55.7 million yuan a year ago on the back of significant increases in gross floor area sold and higher average selling price per square metre. Revenue for the three months ended Sept 30
        56 words
      • Article
        Lock icon Vallianz Holdings
        100 10 VALLIANZ Holdings’ third-quarter net profit plunged 84.9 per cent to US$693,000 on sharply higher profit to non-controlling interests and lower share of profit of associate and joint ventures. Revenue for the quarter ended Sept 30, was also down 8.4 per cent to US$54.79 million. The group said an
        100 words
      • Article
        Lock icon Midas Holdings
        68 10 MIDAS Holdings turned in a 63 per cent year-on-year jump in net profit to 22.57 million yuan (S$4.67 million) for the third quarter ended Sept 30, boosted by an increased share of profits from the group’s associated company, CRRC Nanjing Puzhen Rail Transport Co. Revenue rose 2.1 per
        68 words
    • Article
      Lock icon SGX MAINBOARD
      1787 11 52-Wk Last Vol Day Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/Ep $mil Last Vol Day Div GrYld Net MCap 149 127 AIMSAMP Cap Reit 133 -0.5 524 134 132 0.9 8.5 847.6 LOW 172.5 101 ARA Asset Mgmt 171 unch 2536 171
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    • Article
      Lock icon SGX CATALIST
      361 11 52-Wk Last Vol Day Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/E Last vol Day Div GrYld Net MCap 0.5 0.1 t Advanced Systems 0.3 unch 400 0.4 0.3 7.9 46.5 29.5 t Advancer Global 36 unch 128 37 36 14.3 62.3 Company
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    • Article
      Lock icon SGX ETF
      145 11 52-Wk Last Vol Day Div GrYld Net MCap High Low Counter Sale +/-(’000) High Low C’vr P/E Counter Last Sale 1211 1061 CIMBASEAN40 S$D 1153 -18 11 1180 1153 905 736 CIMBASEAN40 US$ US810 -11 8 833 810 127 3268 2355 DBXT China50 US$ US2996 -52 4 3020
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      Lock icon Page 6 Advertisements Column 1
      55 6 Get expert views from a suite of renowned doctors, who will address some of Singaporeans’ major health concerns. Presented by Mount Elizabeth Hospitals 19 November 2016 Saturday 9am to 2pm The Star Gallery The Star Performing Arts Centre Level 3 $18 nett per person (includes tea break and bento lunch)
      55 words
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      Lock icon Page 6 Advertisements Column 2
      149 6 The topics covered include: How to be an educated investor Adjust your investment style and risk appetite based on the industry and company The investment framework for identifying dividend growth companies Categorisation of listed companies into 6 business types Picking companies with strong competitive advantages Why intangible asset is more
      149 words
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      Lock icon Page 6 Advertisements Column 3
      55 6 HOT PROPERTY Y SHOP HSE Upper Weld Rd 2nd flr Mezzanine 2000sf. Renovated with Corp Image THE GRANDSTAND 400-7000 sf. Suits F&B/ Retail Svc/ Office/ Clinic/ Travel, Maid Agy. Low Rates. Long Lease to 12/2020 avail. LOOKING FOR A SHOP SPACE TO RENT? Check out these properties and more in
      55 words
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      Lock icon Page 7 Advertisements Column 1
      190 7 NOTICES Tel 6289-8822 I Email notices@sph.com.sg I www.sphclass.com.sg IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF HUA XIN CONSTRUCTION ENGINEERING PTE. LTD. Reg. No. *****0103N NOTICE OF CREDITORS' MEETING PURSUANT TO SECTION 296 OF THE COMPANIES ACT, CAP. 50 NOTICE IS HEREBY GIVEN that
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      Lock icon Page 7 Advertisements Column 2
      148 7 In the Matter of The Companies Act, Cap. 50 And In the Matter of MFS TECHNOLOGY LTD (In Members’ Voluntary Liquidation) (Co. Reg. No. *****9562R) NOTICE OF FINAL GENERAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Cap. 50, the Final General Meeting of
      148 words
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      Lock icon Page 7 Advertisements Column 3
      169 7 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF WHITE OAK CAPITAL FUND PTE. LTD. (IN MEMBERS’ VOLUNTARY LIQUIDATION) CO. REG. NO. *****3577H NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that, pursuant to Section 308 of the Companies Act, Chapter 50, the Final Meeting
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      38 7 KnowOrDon’tKnow? GeneralKnowledge WorldCurrentAffairs LocalCurrentAffairs LocalPolicies Take A Short Quiz One Lucky Player Stands To Win Rise To The Challenge At www.KnowOrDontKnow.sg or simply SMS to *****: QUIZ<space>BT Participation is free No entry conditions attached Terms and conditions apply
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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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      364 12 Unwind in style with the all-new 2-in-i Business Times Weekend From Saturday 8 October, the weekend edition will feature a luxury lifestyle magazine called Weekend that will be your slick, up-to-the-minute guide to the best in fashion, travel, food, design and more. Get your news fix too with the refreshed
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  • REAL ESTATE
    • Article, Illustration
      Lock icon Lee Foundation-linked company sells shophouses
      653 13  -  4 Outram Road freehold shophouses fetch S$23.8m; deals also sealed in New Bridge Rd and Boat Quay By Kalpana Rashiwala kalpana@sph.comsg @KalpanaBT Singapore SEVERAL shophouse deals have been sealed recently. A Lee Foundation-linked company has sold a row of four freehold conservation shophouses along Outram
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      Lock icon Pegging office space investment to high vacancy periods
      562 13  -  By Regina Lim The writer is national director, Research Advisory, Capital Markets at JLL Singapore. THE Singapore real estate market has been volatile. Amid the cyclical nature of the market, we looked at data from 2000 to find the best years to
      Source: JLL  -  562 words
    • Article
      Lock icon China property investment up but market set to cool
      354 13 REUTERS Beijing CHINA’S real estate investment growth quickened in October to its highest since April 2014, but analysts say stepped up measures to curb a red-hot housing market might ultimately hurt an economy that has only recently started to stabilise. Property
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      282 13 Choose from various club memberships or sell yours in CLASS 66 To advertise, call the Print Classified Hotline: 1800-289 9988 Expected TOP 1 st Quarter 2017 VISION E X C H A N G E Inspiring Works. Creating Opportunities. OFFICE FOR LEASE Flexible sizes and layout from 2,000 to 25,000
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      71 13 Rare Freehold Riverfront Development Site 1177 Serangoon Road For Sale By Tender Single Owner savills i/ V View 360° sav.li/1177srr Steven Ming 9004 0518 Suzie Mok 9639 1032 Site Area: 2,945.5 sq m Residential at GPR 2.8 Development Baseline: 7,363.75 sq m Potential GFA: 8,247.4 sq m 83 m unblocked
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      152 13 SALE VINTAGE COMMERCIAL CONSERVED Rare freehold opportunity Buy a restored hundred year old conservation gem in a thriving part of the city with solid rental returns and unbridled growth upside. Near the MRT, the financial district and a part of town that’s about to grow exponentially. FOR Call+65 *****055 +65
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  • BANKING & FINANCE
    • Article, Illustration
      Lock icon Gujarat zone to ease international market access
      999 14 Banks at GIFT City will have offshore market access to supply the growing foreign currency needs of Indian companies IFR Singapore BANKS are queuing up for licences to open branches at Gujarat International Finance Tec-City (GIFT City), where they will have offshore market
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      Lock icon Trump’s rise may save banks billions by disrupting global rules
      679 14 BLOOMBERG London THE election of Donald Trump as the next president of the United States may allow banks to dodge the full impact of global regulators’ post-2008 crisis crackdown. The Basel Committee on Banking Supervision is racing to complete a
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    • Article
      Lock icon Negative rates, intense competition spell gloom for German banks
      518 14 BLOOMBERG Frankfurt DEUTSCHE Bank AG chief executive officer John Cryan’s troubles range from the company’s mounting legal costs to stricter regulation that’s eroding returns. And there’s at least one challenge he shares with his German rivals: Europe’s most competitive market. “Deutsche
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    • Article
      Lock icon Japan banks’ first-half profits hit by BOJ’s negative rate policy
      369 14 REUTERS Tokyo JAPAN’S top banks, already wrestling with shrinking loan profitability, posted falls in first-half profit as they struggled in the ultra-low interest rate environment exacerbated by the Bank of Japan’s aggressive negative interest rate policy. Japanese lenders’ overseas expansion
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      79 14 CHINESE NEW YEAR FAIR AT THE NALLS! 11-26 JAA 2017 Join us at the malls and showcase your Chinese New Year goodies and delicacies! Participating Malls include: AMK Hub Century Square Hougang Mall Junction 8 Jurong Point Liang Court Lot 1 Shoppers Mall Tampines One Thomson Plaza Tiong Bahru Plaza
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      28 14 u My rule is when you have to beg, borrow or steal, the best option is to steal.” Philip Yeo Now on sale at leading bookstores and www.stpressbooks.com.sg
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  • ENERGY & COMMODITIES
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      Lock icon US farmers on losing ground as banks turn bearish
      1100 15 With crop prices tumbling and growers tied to large debts, credit quality is falling BLOOMBERG Chicago BETTING the farm on record crop, livestock and dairy prices has turned into a losing investment for an expanding share of America’s agricultural heartland. The
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      Lock icon Oil analyst who foresaw crash sees Opec uniting in self-interest
      561 15 BLOOMBERG Singapore MEMBERS of the Organization of the Petroleum Exporting Countries (Opec) need to stop bickering over output curbs or risk the group becoming irrelevant to global oil markets, according to an analyst who predicted the biggest price crash in
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    • Article
      Lock icon Mongolia will ‘walk the walk’ to revive economy
      320 15 BLOOMBERG ulaanbaatar IN THE face of the current crisis, Mongolia cut spending and requested support from the International Monetary Fund (IMF). To turn the economy around, the new government aims to lure foreign money to pay for stalled infrastructure and mining projects.
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      523 15 NOTICES IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF SHREYAS INVESTMENTS SERVICES PTE. LTD. (IN LIQUIDATION) (Company Registration no. *****7014N) NOTICE OF FINAL MEETING Notice is hereby given that pursuant to Section 308 of the Companies Act, Chapter 50, the Final Meeting of the
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  • TECHNOLOGY
    • Article, Illustration
      Lock icon Facebook in eye of post-election storm, questions its influence
      1201 16 It is accused of helping to spread misinformation, fake news stories that influenced the vote NYTIMES San Francisco LATE last Tuesday night, as it became clear that Donald Trump would defeat Hillary Clinton to win the US presidential election, a private
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    • Article
      Lock icon After mastering Go, computers learn to play StarCraft
      619 16 WP Washington EARLIER this year, researchers’ artificial intelligence (AI) beat a human in the dazzlingly complex board game known as Go. Not just once, but four times. It was a milestone in machine learning. Now, the same Google-backed researchers who designed AlphaGo
      WP  -  619 words
    • Article
      Lock icon Emaar chairman, Saudi Arabia fund to form US$1b e-commerce firm
      357 16 BLOOMBERG Dubai A GROUP of investors led by Emaar Properties PJSC chairman Mohamed Alabbar and Saudi Arabia’s sovereign wealth fund will each contribute US$500 million to an e-commerce venture to tap the Middle East’s fast-growing online retail market. E-commerce firm
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      Lock icon Funds’ dilemma: Cling on to financials or pick up tech laggards?
      676 16 BLOOMBERG Taipei IT TOOK Donald Trump for investors to realise they were too much in love with technology. Not even record Singles’ Day sales volume could catch the falling knife of fading infatuation for Alibaba Group Holding Ltd and
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  • CONSUMER
    • Article
      Lock icon Large-scale study of NS AIDS finds no link to heart attack
      919 17 Celebrex is less likely than naproxen and ibuprofen to cause kidney and gastrointestinal problems WP Washington IN 2004, when drugmaker Merck voluntarily pulled the pain-reliever Vioxx off the market amid evidence that it increased the risk of heart attacks,
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    • Article
      Lock icon Germany warned over price curbs on drugs
      473 17 BLOOMBERG Berlin BAYER AG, Roche Holding AG and other drugmakers are warning that a German government proposal to tighten price controls on prescription drugs could end up restricting access to new medicines in Europe’s biggest healthcare market. The proposal “lacks a fair balance
      BLOOMBERG  -  473 words
    • Article
      Lock icon American Apparel to file second bankruptcy
      367 17 REUTERS New York AMERICAN Apparel LLC plans to file its second bankruptcy in just over a year as soon as Monday, weighed down by intense competitive pressures facing US teen retailers and a rocky relationship with its founder, according to people familiar with the
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      Lock icon Why Alibaba doesn’t want to emphasise that US$17.8b Singles’ Day sales figure
      784 17 BLOOMBERG New York ALIBABA Group Holding Ltd reported a whopping US$17.8 billion of sales during its online shopping bonanza Singles’ Day. But it doesn’t want you to focus on that number. That’s because billionaire chairman Jack Ma thinks
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  • GOVERNMENT & ECONOMY
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      Lock icon Pace of M’sia’s 4.3% Q3 growth ‘tough to sustain’
      610 18  -  Compared to official growth projection of 4.5-5 per cent next year, some economists forecast 4 to 4.4 per cent growth By Pauline Ng btworld@sph.com.sg Kuala Lumpur MALAYSIA’S GDP (gross domestic product) growth of 4.3 per cent for the third quarter surprised
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      Lock icon Japan economy grows twice as fast as expected in Q3
      602 18  -  By Anthony Rowley btworld@sph.com.sg Tokyo JAPAN’S economy grew more quickly than expected in the third quarter of this year, expanding at an annualised rate of 2.2 per cent, compared with the preceeding three months. The average market forecast had been
      PHOTO: AFP  -  602 words
    • Article
      Lock icon £65.5b worth of investments delayed
      544 18 40% of large firms in UK scale back due to post-Brexit lack of clarity BLOOMBERG London UK businesses have delayed or cancelled investments worth £65.5 billion (S$ 115.9 billion) since the vote to leave the European Union (EU), with more than 40 per cent of
      BLOOMBERG  -  544 words
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      Lock icon NZ well-placed to meet multi-billion dollar quake bill
      573 18 REUTERS, BLOOMBERG Wellington NEW Zealand faces billions of dollars in damage from the powerful earthquake that hit the country on Monday, but the government’s strong balance sheet means it will have little trouble footing the bill, officials and economists said. Central New
      REUTERS,; BLOOMBERG  -  573 words
    • Article
      Lock icon Malaysia jails opposition MP for leaking audit details at scandal-hit 1MDB
      421 18 REUTERS Kuala Lumpur A MALAYSIAN court on Monday sentenced an opposition lawmaker to 18 months in prison for releasing confidential information related to scan-dal-hit state fund 1 Malaysia Development Berhad (1MDB), keeping up a crackdown on critics of the
      REUTERS  -  421 words
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  • SINGAPORE PRODUCTIVITY AWARDS 2016
    • Article, Illustration
      Lock icon SPA winners show move towards holistic view of productivity
      1327 19  -  It is critical for firms to boost productivity to create sustainable businesses in the current downturn. BY AARON LOW FOR the man in the street, productivity is associated with buying huge machines, using expensive robots and deploying the technology to reduce
      1,327 words
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      Lock icon Doing it the Amos Way
      590 20  -  This marine and offshore firm has developed its own philosophy of getting the most out of its operations. REPORTS BY AARON LOW AS A small local firm in a competitive industry, marine and offshore firm Amos International relies on productivity to maintain its edge. The
      590 words
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      Lock icon Raising productivity has made work more meaningful
      393 20 THE push for productivity has permeated all aspects of operations in Village Hotel Bugis. It has relooked its housekeeping and room check-in processes, outsourced some functions and tapped into technology to boost efficiency. Arthur Kiong, CEO of Far East Hospitality, said that raising
      393 words
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      Lock icon Tasting the sweetness of success
      564 22  -  Improving productivity has been the recipe for success for chocolate brand Aalst. REPORTS BY AARON LOW FOCUSING on improving productivity has been the recipe for success for home-grown chocolate brand Aalst. The company has spared no cost in upgrading its equipment to boost its research
      564 words
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      Lock icon Raising productivity the high tech way
      373 22 THE next time you visit a Koufu food court, do not be surprised if a robot clears your food tray. The food court operator is experimenting with the use of robots at a few of its outlets and has plans to roll them out
      373 words
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      Lock icon Taking practical steps to raise productivity
      572 24  -  Times Software revived its business by developing a three-pronged approach of retaining its staff, investing in technology and collecting feedback from customers. REPORTS BY AARON LOW IN 2013, payroll software provider Times Software hit a bump in the road: its quality of services was
      572 words
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      Lock icon Reaping the profits from investing in productivity
      382 24 FOR semiconductor testing and assembly equipment maker Onn Wah Tech, cost is not an issue when it comes to raising productivity. Since 2013, it has spent close to S$1.5 million investing in equipment to boost its manufacturing capabilities. The company automated the pin
      382 words
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      Lock icon Technology, skilled workers pay off
      633 25  -  At logistics firm Aerolog Express, technology complements skilled staff and plays a role in raising efficiencies. efficiencies.REPORTS BY AARON LOW PEOPLE matter as much as machines, when it comes to productivity, at logistics firm Aerolog Express. The company, wholly owned by SATS, makes it a
      633 words
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      Lock icon Sushi Express on turbo drive to productivity
      386 25 AT Sushi Express, there is a need for speed. All the processes in the sushi chain are geared towards helping customers get a quick, fuss-free and fresh sushi meal in as short at time as possible. There is no menu for customers to
      386 words
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      Lock icon Going the extra mile to raise productivity
      616 26  -  Hotels need to balance the use of technology with personalised service which comes from having a human touch. REPORTS BY AARON LOW REPORTS BY AARON LOW FOR an industry that thrives on the human touch, it is not always easy for hotels to
      616 words
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      Lock icon Embracing change to stay relevant
      326 26 BEING a heritage brand with 137 years of history has not stopped Eu Yan Sang from embracing change. In recent years, the Traditional Chinese Medicine retailer has restructured its operations and introduced new ways to connect with customers to boost productivity and maintain profits. Eu
      326 words
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      49 20 ■r-f if Singapore PRODUCTIVITY 1 AWARDS 2016 Singapore Business Federation Ko^fii a ft r» r 4 V I i 4 I S#: V II BETTER FOOD BETTER PEOPLE \MMA%. BETTER LIFE KOUFU PTE LTD 18 Woodlands Terrace, Singapore *****3 Tel: (65) 6506 0161 Fax: (65) 6752 1811 Website: www.koufu.com.sg
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      37 22 We are honoured to be awarded the Singapore Productivity Awards 2016 Award of Excellence in Hotel in recognition of our productivity achievements and innovation-led initiatives. Special thanks to our valued partners in support of our productivity drive:
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      114 23 f==k I T H E A O R P T L V N G J SELF V r 3 m c 3 3 5 9 r e 3 3 r 3 e 3 DY > y 8? 7 7 <r niEuYanSang Our Team, Our Winning Formula Caring since 1879 Eu
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      84 24 If <1 J fs 0 J Hn >’ J it ji '.r .-> 1 M mS f ■i Feeding and Connecting Asia For more than 65 years, SATS has been delivering an unparalleled customer experience through our suite of integrated capabilities in Food Solutions and Gateway Services. Today, we are
      84 words
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      99 25 EJ Aalst YOUR TRUST, OUR PRIDE lj u M J 1 r W i. r 4 r f Singapore VI PRODUCTIVITY 1 AWARDS 2016 Singapore Business Federation OUR BRAND h r* r i Aalst Chocolate takes pride in bringing functionality, value delight to all stakeholders whom we offer our chocolate
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      62 26 Onri^Wah Tech Pte Ltd is honoured to receive the SINGAPORE PRODUCTIVITY AWARDS 2016 EXCELLENCE IN MANUFACTURING SECTOR Q n a a 1 *7 V. n t s 4 p 4 rf 0 Formula for Success: OWT Human Capital and its Three Ideologies in Ownership, Winning, and Technology Ti •T X
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  • Page 28 Advertisements
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      949 28 THE BUSINESS TIMES SHIPPING TIMES Vessel Voy Sin Pusan Tarawa Honiara Santo Port Vila Noumea Lautoka Suva Nukualofa Apia Pago Pago Papeete Lae P. Moresby Townsville APL Columbus V010E 23 May 06 Jun 22 Jun 26 Jun 29 Jun 01 Jul 03 Jul 06 Jul 08 Jul 10 Jul 10
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  • FINTECH 2016
    • Article, Illustration
      Lock icon The race is on to stay relevant in financial services
      897 29  -  Singapore must be at its leading edge of financial technology or risk losing out. BY FRANCIS KAN AS new technologies disrupt traditional ways of delivering financial services to consumers, Singapore is working to ensure that it is among the top
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      Lock icon Providing a fintech ecosystem
      889 30  -  UOB is committed to helping small businesses stay competitive in the digital economy. economy.BY ERIC THAM T The writer is managing director and head of group commercial banking, united Overseas Bank. OVER the last decade, the advancement of technology and digitalisation has changed the way in
      889 words
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      Lock icon Navigating the digital landscape
      2360 32 Five leading financial institutions in Singapore share their plans to leverage fintech to better serve their customers PARTICIPANTS IHan Kwee Juan, Chief Executive Officer, Citibank Singapore IDave Gledhill, Group Chief Information Officer, DBS Bank IKen Ng, Chief Executive, NTUC Income IPranav Seth, Head of E-Business and
      2,360 words
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      Lock icon In search of global digital identity
      1084 34  -  The need for a digital solution is becoming urgent and cross-industry standard setting has to emerge. BY BOB CONTRI, HO KOK YONG T Bob Contri is Deloitte Global Financial Services Leader and Ho Kok Yong is Deloitte South-east Asia Financial Services Leader. THE identity
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      Lock icon Transforming the way banks work with technology
      1018 34  -  Banks must leverage new digital tools to satisfy the changing needs of their customers. BY FELIMY GREENE customers.BY FELIMY GREENE T The writer is managing director and regional head of customer franchise responsible for digital banking, marketing, client experience and decision management for
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      240 30 (i income made different Q Provides a robotic solution which serves as a personal household assistant addressing the needs of home security, home automation and interactive communication. [a ?;e Facilitates communication and claims processing between drivers and insurance companies via their proprietary mobile application. Neph Offers a device and analytics
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      168 31 Deloitte JT ■“fcl r j. Am •V 1 ft i-rt- -jjff r .-"I i Ir. r ,i r a+'i* L 4c? r "rj/r! *y i M ■rk.. x 1 r ."Wl p. 11 i i r Disrupt or be disrupted We fill our days with managing the expected, the things
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  • OPINION
    • Article
      Lock icon Working together to eliminate Abu Sayyaf
      647 36 EDITORIAL IT is good that Malaysian Prime Minister Najib Razak and Philippine President Rodrigo Duterte agreed last week to work out a system that will allow Malaysian naval vessels to conduct hot pursuit raids against Abu Sayyaf militants in the southern Philippines. Mr Duterte
      647 words
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      Lock icon Flawed media narrative in run-up to Nov 8?
      1718 36  -  US Mainstream Media may have created misleading expectations about voting among different segments of Americans for the presidential election By Leon Hadar IN mid-August, the opinion polls (more about them later) suggested that the Democratic presidential nominee Hillary Clinton would not only
      1,718 words
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      Lock icon Thoughts for the Horrified
      881 36  -  THE BOTTOM LINE By Paul Krugman NYTIMES SO what do we do now? By “we” I mean all those left, centre and even right who saw Donald Trump as the worst man ever to run for president and assumed that a strong majority of our fellow
      NYTIMES  -  881 words
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      Lock icon Trump administration and implications for Singapore
      983 37  -  COMMENTARY By Darryl Kinneally, Sandie Wun T The writers are respectively Singapore transaction tax leader and partner, transaction tax, at Ernst Young Solutions LLP. The views in this article are the writers’ only THE election of Donald Trump as the next president of the
      983 words
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      Lock icon Rerun of dollar unilateralism
      854 37  -  By David Marsh T The writer is managing director of the Official Monetary and Financial Institutions Forum DONALD Trump’s ascent seems likely to unleash on Europe a new and damaging form of dollar unilateralism a peril the old Continent has periodically suffered since the 1960s, but
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      Lock icon FOUL ODOUR OF FAILED AIR POLLUTION POLICY
      1072 37  -  There is neither economic growth nor political stability without public health. Developing country leaders may learn this the hard way. BY ASIT K BISWAS AND KRIS HARTLEY BY ASIT K BISWAS, KRIS HARTLEY T The writers are respectively distinguished visiting professor at the
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  • LIFE & CULTURE
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      Lock icon Contraception catches on in Kenya’s Muslim north-east
      667 38 Religious leaders co-opted into battling perinatal deaths that are 50% higher than the national average AFP wajir, Kenya SWADDLED in colourful hijabs, the women exchange puzzled looks and suppress embarrassed giggles. “You’re sure it’s halal?” asks one, peering at a collection of birth
      AFP; PHOTOS: AFP  -  667 words
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      Lock icon Rock wizard Leon Russell dies at 74
      1131 38 NYTIMES New York LEON Russell, the long-haired, scratchy-voiced pianist, guitarist, songwriter and bandleader who moved from playing countless recording sessions to making hits on his own, died Sunday in Nashville, Tennessee. He was 74. His website said he had died in his sleep
      NYTIMES; PHOTO: NYTIMES  -  1,131 words
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      Lock icon Canada’s gay curling leagues take pride on ice
      722 38 NYTIMES Vancouver IT happens all the time: Young gay people leave their small towns and head to the big city, where they can find love, acceptance and, in Canada at least, a curling league to call their own. Yes, the winter sport
      NYTIMES; PHOTO: NYTIMES  -  722 words
  • Page 38 Miscellaneous
    • Miscellaneous
      Lock icon Page 38 Miscellaneous Column 1
      350 38 CRYPTIC CROSSWORD Across 1 Alcoholic drink, cold, can go the wrong way (6) 4 Kind of race problem? (8) 9 Useless do go on revising (2-4) 10 Little rest, sadly, for one having entered the church (8) 12 Bird from higher nest (4) 13 Skirt’s end elevated somewhere above the
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  • SME
    • Article, Illustration
      Lock icon Growing through value creation
      957 39  -  Superworld Holdings believes that the key to sustainable growth is product development and innovation. BY CHENG SHIRLEY, DAI YUJING, BY CHENG SHIRLEY, DAI YUJING, FERDINAND WU WENLONG, NINA WANG JIA XIN The writers are students of NUS Business School. IT is Superworld Holdings’ focus on innovation
      FILE PHOTO  -  957 words
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      Lock icon Providing cutting-edge solutions
      1220 39  -  Fong’s Engineering continues its efforts to uphold product quality and cultivate a strong focus on innovation to fuel its overseas expansion By By Dong Luona, Ge Yunting, Hu Xueyan The writers are students from NUS Business School. FEW would have believed that a small local business could
      PHOTO: FONG’S ENGINEERING AND MANUFACTURING  -  1,220 words
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      125 39 Celebrating Singapore´s Enterprising Spirit 2016 This series is part of the Enterprise 50 Educational Project between the E50 partners and the NUS Business School. Superworld Holdings was among the winners in 2015. The annual E50 ranking is co-organised by The Business Times and KPMG, sponsored by OCBC Bank, and supported
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      299 40 ‘Ml w i dri^Sfr*ff\ <; n*. I f .*?as <0B l»|pA <* N>. Pg v> S— V V- P .*«<• >'*■■ 'AE; 'J&n f •:JI% 5 A• //•<?' \r -V."- m ri <Tr v 7/ :4f Sj£ y V? ::i38!SW\t,. v’l V- >Cs xr. ■JFf« > ti2 *<• T *’<Wf
      299 words