The Business Times, 30 November 2016

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

Total Pages: 26
1 26 The Business Times
  • 22 1 THE BUSINESS TIMES A SINGAPORE PRESS HOLDINGS PUBLICATION www.businesstimes.com.sg @BusinessTimes MCI (P) 052/08/2016 Wednesday, November 30, 2016 S$1.20 CO REGN NO *****2868E
    22 words
  • Article, Illustration
    195 1 Singapore’s central bank sounds the alarm over Asian banks’ drive towards cheaper, but less stable, wholesale funding, calling the era of loose monetary policy a double-edged sword. TOP STORIES 2 Asean has the potential to be the “sleeper hit” of the next few decades, says Singapore Foreign Minister
    195 words
  • 28 1 Tuesday Change STI 2,879.14 +4.49 KL Comp 1,626.93 -1.73 Nikkei 225 18,307.04 -49.85 Hang Seng 22,737.07 -93.50 Shenzhen B 1,163.56 +3.98 Dow (10.45am EST) 19, 107.69 +9.79
    28 words
  • 844 1  -  MAS says still low interest rates, weak global growth and rising political risks pose threats to financial stability; repayment risks remain for some By Soon Weilun soonwl@sph.com.sg @SoonWeilunBT Singapore THE property cooling measures are here to stay for a while, at
    Source: Department of Statistics; Source: Monetary Authority of Singapore  -  844 words
  • 458 1  -  By Jacquelyn Cheok jaccheok@sph.com.sg @JacCheokBT Singapore CONSUMERS here with mobile phones will soon be able to enjoy fast and secure access to a variety of online services using just their cellphone number when M1, Singtel and StarHub adopt the GSMA’s Mobile Connect authentication
    458 words
  • Page 1 Advertisements
    • 22 1 *****1 *****1 THE BUSINESS TIMES Stateoftheart UpgradetoNextGeneration– ouraward-winningplatform* Fullycustomisabletosuityourtradingstyle,ourplatformhasfastexecutionandreliability atitscore.Couplethatwithpowerfultradingtools,award-winningcharting*includingover 80technicalindicatorsanddrawingtools,plusthebestmobiletradingappinSingapore*. It’samasterpiececreatedtoenhancethewayyoutrade. Visitcmcmarkets.com.sgorourRafflesPlaceoffice, orcall*****068 FX|Indices|Commodities|Shares|Binaries AppleandiPhonearetrademarksofAppleInc,registeredintheUSandothercountries.AppStoreisaservicemarkofAppleInc.AndroidandGoogle PlayaretrademarksofGoogleInc.IssuedbyCMCMarketsSingaporePteLtd(UEN*****5050E).Thisadvertisforinformationonly,notaninvestment recommendationor financialadvice.Lossescanexceedyourinitialdeposit.Seeriskwarning/disclosure&otherimportantinformationonourwebsite: www.cmcmarkets.com.sg. *‘BestCharting’and‘BestMobileTrading’,byownclientsatisfactionratings.InvestmentTrends2016SingaporeCFD&FX report.
      22 words
    • 19 1 US-CUBA TIES Burying Castro; engaging Cuba OPINION/22 HOCK LOCK SIEW Catalist firms help boost post-IPO returns companies markets 7
      19 words
    • 15 1 COMMERCIAL TRANSACTION Cityvibe in Clementi sold for S$71m to Chinese Zhao family REAL ESTATE 14
      15 words

  • TOP STORIES
    • 957 2  -  But Singapore banks have cut their wholesale funding and have lower costs than Asia-10 average MAS FINANCIAL STABILITY REVIEW By leejamie@sph.com.sg Jamie Lee leejamie@sph.com.sg @JamieLeeBT Singapore THE era of loose monetary policy has been a double-edged sword for Asian banks because
      Sources: MAS, SNL Financial  -  957 words
    • 555 2  -  MAS study says that households tend to underestimate expenditure for the twilight years By Jamie Lee leejamie@sph.com.sg @JamieLeeBT Singapore A YOUNG couple who plans to spend S$4,000 per month at current prices during retirement would need to save S$2,800 a month during their working
      Source: MAS  -  555 words
    • 689 2 REUTERS New York US PRESIDENT-ELECT Donald Trump on Tuesday named a vociferous Obamacare critic and an Indiana policy consultant to help him overhaul the country’s healthcare system. Republican Representative Tom Price, an orthopaedic surgeon from Georgia, will be Mr Trump’s Health and
      REUTERS; PHOTO: REUTERS  -  689 words
    • 814 4  -  He also discusses the US election, Brexit, Sino-S’pore ties at ST Global Outlook Forum By Lee U-Wen leeuwen@sph.com.sg @LeeUwenBT Singapore THE Association of South-east Asian Nations (Asean) has the potential to be the “sleeper hit” of the next few decades, said Singapore’s
      PHOTO: KUA CHEE SIONG/THE STRAITS TIMES  -  814 words
    • 515 4  -  By Lee U-Wen leeuwen@sph.com.sg @LeeUwenBT Singapore NOBEL Peace Prize laureate and pro-democracy icon Aung San Suu Kyi will arrive in Singapore on Wednesday afternoon for a three-day official visit at the invitation of Prime Minister Lee Hsien Loong. This is the
      PHOTO: REUTERS  -  515 words
    • 365 4 BLOOMBERG Tokyo JAPAN’S obsession with keeping order and tech prowess has reached its natural conclusion with a megaphone that can issue commands in Chinese, English and Korean. Panasonic Corp recently unveiled the intelligent device essentially a smartphone paired
      BLOOMBERG  -  365 words
    • 601 4 LATEST US DATA REUTERS Washington THE United States economy grew faster than initially thought in the third quarter, notching its best performance in two years, buoyed by strong consumer spending and a surge in soyabean exports. Gross domestic product
      REUTERS  -  601 words
    • 572 4  -  By Anthony Rowley btworld@sph.com.sg Tokyo SINGAPORE is among the low-est-taxed economies in South-east Asia and among economically advanced nations as a whole, according to a report issued on Tuesday by the Organisation for Economic Co-opera-tion and Development (OECD). Only
      572 words
    • 571 6  -  By Nisha Ramchandani nishar@sph.com.sg @Nisha_BT Singapore THE tourism and food beverage (F&B) sectors showed upticks in customer satisfaction in the third quarter of 2016, according to the Customer Satisfaction Index of Singapore (CSISG). According to the report, which was released by
      571 words
    • 706 6  -  Vacation-rental player to improve website and tap parent Expedia’s user base and tech capabilities By Nisha Ramchandani nishar@sph.com.sg @Nisha_BT Singapore VACATION-rental giant HomeAway is leveraging technology and its parent company Expedia to create a better user experience for travellers and home-owners. The 11-year-old,
      706 words
    • 536 6  -  B y Jacquelyn Cheok jaccheok@sph.com.sg @JacCheokBT Singapore RIDEHAILING app Grab on Tuesday launched GrabPay Credits, a new stored-value option within the Grab app, that will allow “everyone in South-east Asia” to make cashless payments for rides taken via Grab. This will potentially expand Grab’s market to
      FILE PHOTO  -  536 words
    • 398 6 REUTERS London OIL prices fell 3 per cent on Tuesday on signs that leading oil exporters were struggling to agree on a deal to cut production to reduce global oversupply. The Organization of the Petroleum Exporting Countries (Opec) will meet
      REUTERS  -  398 words
  • Page 2 Advertisements
    • 75 2 SPACE SAI NOW ON! aaaaaaaaaaaaaa a A A A A A A A A A A A A A Space Furniture 77 Bencoolen Street Singapore *****3 Open 10.30am 8pm daily +65 6415 0000 spacefurniture.asia ‘Conditions apply. Check in-store for details. Images are a guide only. Not available in conjunction with
      75 words

  • Page 3 Advertisements
    • 95 3 Didier Gourdon RICHARD IVIILLE A RACING MACHINE ON THE WRIST 40 45 50 Ul GJ in Ul 'I r#r* I iA A i n M tn -3 Z CO A 25 3 >- Or 2 g 4 r\ W Ul U» > I «> f ti/tuiin ///m/f//0\>nm\iui\\\u\\\ •V >■■-• r;
      95 words


  • Page 5 Advertisements
    • 129 5 Heartiest to Q&M. 0 Anniversary Largest private dental group in Singapore More than 70 clinics More than 200 dentists 4s v More than 40 dentists with postgraduate degrees Our awards Influential Brands^ TOP 1 BRAND 2014 WINNER DENTAL CLINIC TOP 1 BRAND 2015 Singapore Corporate Awards Best Chief Executive Officer
      129 words


  • COMPANIES & MARKETS
    • 669 7  -  HOCK LOCK SIEW BY SIOW LI SEN lisen@sph.com.sg @SiowLiSenBT A RECENT report on initial public offerings (IPOs) showed that Singapore has captured South-east Asia’s largest share of proceeds in 2016, reversing last year’s meagre count. A Deloitte Singapore study showed a total of
      669 words
    • 516 7  -  By Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore A DAY after Perennial Real Estate Holdings said it had raised its stake in the Chinatown Point mall in Singapore, the developer on Tuesday announced that it has signed a call option
      516 words
    • 411 8 Trust’s assets will be European office properties managed by Cromwell’s Valad Europe, says WSJ report Singapore AUSTRALIA-LISTED Cromwell Property Group is considering a Singapore initial public offering in the form of a real estate investment trust (Reit) comprising some European office properties it manages,
      411 words
    • 416 8  -  Nestle loses battle over trademark for Kit Kat’s two and four finger shapes By Claire Huang huangjy@sph.com.sg @ClaireHuangBT Singapore THE Court of Appeal has upheld the High Court’s ruling in favour of main-board-listed chocolate confectionery company Delfi Limited in
      FILE PHOTO  -  416 words
    • 366 8  -  COMMENTARY By Jun Yang REUTERS Hong Kong SINGAPORE’S banks have come too far, too fast. DBS Group, Oversea-Chinese Banking Corp and United Overseas Bank have joined a global sector upturn. By historical standards, the three still look cheap. But the lenders are badly
      REUTERS  -  366 words
    • CORPORATE DIGEST
      • 90 8 MAINBOARD-LISTED construction company MMP Resources said its subsidiary has signed an agreement with Japanese ski operator JRT Trading to operate and manage the Chisenupuri Ski Area in Hokkaido. MMP and JRT will jointly operate the business for the 2016/17 winter season. MMP will commit 12 million yen (S$152,600)
        90 words
      • 140 8 SINGAPORE-LISTED Malaysian developer Astaka Holdings said on Tuesday its subsidiary has signed an agreement with Johor Baru’s city council, Majlis Bandaraya Johor Bahru (MBJB), to develop and sell to the latter a 15-storey Grade A office tower for RM308 million (S$98.5 million). The parties also plan to sign
        140 words
      • 143 8 A CHINESE unit of GuocoLand Limited has secured the tender for four land parcels in Chongqing at 3.64 billion yuan (S$753.8 million). It will be developing a mixed development comprising retail, business and residential components under a project company to be set up as a wholly owned subsidiary. GuocoLand’s
        143 words
    • 466 8 BLOOMBERG Seoul SAMSUNG Electronics Co will increase cash returns to shareholders, add at least one outside director and review its corporate structure, adopting some of the changes proposed by activist investor Elliott Management Corp. Samsung will spend at least six months looking at the
      BLOOMBERG; PHOTO: AFP  -  466 words
    • 358 8 BLOOMBERG Hong Kong/Singapore DBS Group Holdings Ltd and Bank of Singapore, Asia’s largest home-grown private banks, will consider more acquisitions as they grapple for a bigger slice of business from the region’s growing number of millionaires.
      BLOOMBERG  -  358 words
    • Article, Illustration
      64 10 STI Catalist Straits Times index NOV 29,2016 2,879.14 +4.49 (+0.16%) Current streak 6 days Day high 2,882.11 Day low 2,867.87 52-week high 2,960.78 (Apr 21, 2016) 52-week low 2,532.70 (Jan 21, 2016) FTSE ST Catalist Index NOV 29, 2016 447.53 -6.48 (-1.43%) Current streak 2 days Day high 455.31 Day
      64 words
    • 73 10 BY CENTS CLOSE UP 52w high/low Lyxor Nasdaq US$ 1909 536.2 24.5 1930/1533 DBXT ASX200 US$ 3534 101.3 2.1 3621/2900 JMH USD 5377 91.3 1.2 6371/4500 Jardine C&C 3955 75.0 1.9 4520/3160 DBXT MSKorea US$ 5482 71.3 0.9 6041/4629 BY PERCENTAGE CLOSE UP 52w high/low Vashion 0.4 33.3 0.1
      73 words
    • 74 10 BY CENTS CLOSE DOWN 52w high/low GLD US$ ***** -89.8 -0.6 *****/***** DBXT China50 US$ 3124 -35.7 -0.8 3268/2355 DBXT S&P500 US$ 3829 -25.7 -0.5 3847/3126 Hyflux 6% CPS 9224 -25.0 -0.3 *****/9100 DBXT MSTHAI US$ 1893 -21.4 -0.8 2107/1419 BY PERCENTAGE CLOSE DOWN 52w high/low CN9500MBePW*****9 1.8 -50.0
      74 words
    • 80 10 VOL CLOSE($) CHANGE Serrano 520.1 0.015 +0.002 +15.39 Seroja Inv 148.8 0.040 -0.013 -24.53 Versalink 20.5 0.140 -0.033 -19.08 Pavillon 70.2 0.054 +0.007 +14.89 Epicentre 50.1 0.103 -0.021 -16.94 Acromec 10,343.5 0.430 +0.070 +19.44 Nico Steel 26,462.3 0.020 -0.002 -9.09 YHI Intl 150.1 0.330 +0.020 +6.45 Koon 123.0
      80 words
    • 612 10  -  Post-Trump, “risk-on’’ rally may be losing momentum, say traders STOCKS By R Sivanithy sivan@sph.com.sg @RSivanithyBT THE Straits Times Index drifted for most of Tuesday’s session, tracking movements in the Dow futures and Hong Kong before ending at 2,879.14 for a gain of 4.49 points
      Source: Bloomberg  -  612 words
    • 305 10 Stock name Close Change Day high/low 52w high 52w low PE Div yield Mcap Ascendas Reit 231 +2 233/230 257 209 6.6 6475.5 CapitaCom Trust 150.5 +0.5 152/149.5 164 127 5.7 4460.1 CapitaLand 303 unch 305/301 340 280 12.1 3 ***** CapitaMall Trust 191 -0.5 192/190.5 225 185
      305 words
    • 37 10 VOLUME Noble 217,045,300 Cedar Strategic 128,931,100 China Med Intl 107,745,500 HLH Grp 100,740,100 Annica 100,000,000 Market volume 1,880,431,000 VALUE DBS Grp 98,761,859 UOB 54,983,678 Global Logistic 51,035,572 OCBC Bank 47,325,712 Singtel 39,822,363 Market value 1,012,198,000
      37 words
    • 112 10 Most Active Fund Last sale +/-(‘000) Day high/low 52w high/low Buy/Sell Mcap IS MS INDIA US$ US662 +3 1260 665/659 772/441 661/663 82.8 STI ETF 293 +1 337 293/292 300/254 292/293 DBXT MSPHILS US$ US174.8 -1.9 156 175.6/174.5 222.5/158.5 174.7/175.5 14 ABF SG Bond ETF 115.5 +0.5 46
      112 words
    • 77 10 Nov 29 VALUE CLOSE BT OB/OS -145.00 -27.00 BT CADI -*****.00 -39.00 BT 10-day MA -*****.00 -14.00 FTSE ST Mid Cap 682.42 -0.44 FTSE ST Small Cap 381.82 -0.55 FTSE ST All Share 705.27 +1.05 FTSE ST China Top 158.48 -0.96 FTSE ST China 198.06 -1.18 FTSE
      77 words
    • 36 10 STI FTSE ST All-Share FTSE ST All-Share index NOV 29, 2016 705.27 +1.05 (+0.15%) Current streak 6 days Day high 705.94 Day low 703.18 52-week high 722.88 (Apr 21, 2016) 52-week low 625.37 (Jan 21, 2016)
      36 words
    • 33 10 STI MSCI EAFE MSCI EAFE index NOV 28,2016 1,628.23 -6.21 (-0.38%) Current streak 1 day Day high 1,645.56 Day low 1,626.27 52-week high 1,753.86 (Dec 1, 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 4 7 4 0 1 0 4 8 4 Manufacturing 28 38 31 8 7 14 36 45 45 Commerce 14 22 7 0 6 4 14 28 11 Tpt/Stor/Comms 8 8 9
      186 words
    • 125 10 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 20,566 114 20,680 63,500 18 63,518 Manufacturing 104,173 379,000 483,173 106,883 4,721 111,604 Commerce 264,929 136,187 401,116 118,970 1,891 120,861 Tpt/Stor/Comms 68,422 267 68,689 114,339 23 114,362 Finance 21,187 99 21,286 218,377 15 218,392 Construction
      125 words
    • BROKERS’ TAKE
      • 140 10 Target price: S$1.33 Nov 29 close: S$1.205 DBS Group Research, Nov 29 KEPPEL DC Reit remains one of the few Reits in Singapore that is projected to deliver a solid 5 per cent CAGR in distributions supported by positive market dynamics. The acquisition of Keppel DC
        140 words
      • 105 10 OCBC Investment Research, Nov 29 AMID persistent operating challenges and increased competition for the consumer sector, the government has outlined various strategic roadmaps with an emphasis on innovation and productivity measures, and including increasing the e-commerce share of total retail receipts. We note that strategies by companies
        105 words
      • 210 10  -  Compiled by Jamie Lee Target price: S$0.78 Nov 29 close: S$0.655 Maybank Kim Eng Research, Nov 29 FY16 confirmed two things. First, that Jumbo’s earnings in Singapore can be resilient even in times of belt-tightening due to effective market positioning and management of labour, rental costs etc.
        210 words
    • 22 10 DATA I Nov 30 Singapore Bank Lending US Federal Reserve Beige Book US MBA Mortgage Applications US Personal Income and Outlays
      22 words
    • 416 11 CURRENCIES REUTERS London THE dollar inched higher on Tuesday after a roller coaster 24 hours which traders say may just be a precursor to three weeks of risk-packed events for the US$5 trillion a day currency market. Widely expected to rise next
      REUTERS  -  416 words
    • FOREX RATES
      • Article, Illustration
        2 11
        2 words
      • 471 11 Nov 29 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.004 5.152 0.705 5.799 51.332 101.456 0.839 8.745 3.339 1.054 78.372 37.244 1.066 10.353 0.758 23.801 26.665 0.602 0.748 Canada 0.996 5.133
        471 words
      • 2 11
        2 words
      • Article, Illustration
        2 11
        2 words
      • 155 11 NOV 29 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.0658 1.0671 0.7474 0.7479 Canadian dollar 1.0622 1.0629 0.7449 0.7449 Euro 1.5128 1.5138 1.0609 1.0610 NZ dollar 1.0110 1.0123 0.7090 0.7095 Sterling pound 1.7692 1.7709 1.2407 1.2412
        155 words
      • 22 11 Nov 29 S$ Bid Offer 1-month 1.4259 1.4269 2-months 1.4258 1.4270 3-months 1.4258 1.4271 6-months 1.4260 1.4273 Source: OCBC
        22 words
      • Article, Illustration
        1 11
        1 words
    • EQUITY BONDS WARRANTS FUTURES
      • 208 11 Most active Nov 29 Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Equation Summit LimitedW*****2 0.5 unch ***** 1 1 36 2.20 9 STI 2950 MB eCW*****8 4.9 0.2 4000 0.0 3 DBS MB eCW*****2 18.3 -0.3 3047 0.1
        208 words
      • 377 11 In local curr In S$ In US$ dy yr dy yr dy yr Nov 28 Index Change Change Change Change Change Change World Preliminary 1329.5 -0.4 4.0 -0.5 3.7 -0.3 3.1 EAFE Preliminary 989.2 -0.5 -2.4 -0.5 -4.6 -0.4 -5.1 Europe Preliminary 1381.2 -0.8 -2.2
        377 words
      • 383 11 Nov 29 OPEN HIGH LOW SETT VOL OP/INT FTSE CHINA A50 INDEX FUTURES Nov16 *****.50 *****.50 *****.50 *****.00 ***** ***** Dec16 *****.50 *****.50 *****.00 *****.50 *****5 *****6 NIKKEI 225 INDEX FUTURES Dec16 *****.00 *****.00 *****.00 *****.00 ***** *****3 Mar17 *****.00 *****.00 *****.00 *****.00 1404 ***** MSCI TAIWAN
        383 words
    • BANK RATES
      • 154 11 Nov 29 $S Offer Bid 0vernight 0.03 Par 1-month 0.75 0.625 2-months 0.875 0.75 3-months 1.0 0.875 Overnight mode: 0.30 US$ Offer Bid 7 days 0.58 0.48 1 month 0.75 0.65 2 months 0.85 0.65 3 months 1.00 0.80 6 months 1.40 1.20 9 months 1.55 1.35 12
        154 words
      • 65 11 Nov 29 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year NY*****A 4.000 01-Sep-18 105.02 105.01 105.01 5-Year N*****0Z 1.250 01-Oct-21 97.87 97.96 97.90 10-Year NX*****F 2.125 01-Jun-26 98.39 98.65 98.45 15-Year NZ*****F 2.875 01-Sep-30 101.99 102.70 102.40 20-Year NZ*****X 2.250 01-Aug-36 92.05
        65 words
    • AGRI METALS ENERGY
      • 249 11 Nov-28 Price Net change change Last Trade Agricultural Nov-28 CBOT Soybeans (US cents/bu) 1056.00 10.00 0.96% 13/01/2017 CBOT Soybean Oil (US cents/lb) 36.71 0.05 0.14% 14/12/2016 CBOT Wheat (US cents/bu) 389.50 -6.25 -1.58% 14/12/2016 Nov-28 LIFFE Cocoa (£/tonne) 2033.00 -11.00 -0.54% 13/12/2016 LIFFE Coffee (US$/tonne) 2100.00 42.00 2.04%
        249 words
    • 1776 12 52-Wk Last Vol Day Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/Ep $mil Company Last Sale Vol ('000) High Day 160 107 AIMS Property 158 unch 24 158 158 1.8 57.1 149 124.5 AIMSAMP Cap Reit 125 unch 745 126.5 125 0.9 9.1
      1,776 words
    • 292 12 52-Wk Last Vol Day Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/E Last Vol Day LOW Div GrYld Net MCap HiBh LOW Company Sale 19.9 8.3 t Anchor Resources 9.2 -0.1 627 9.4 9.2 28.6 ('000) High C'vr P/E 10.2 6.3 6.5 61
      292 words
    • 157 12 52-Wk Last Vol Day Div GrYld Net MCap High Low Counter Sale +/-(’000) High Low C’vr P/E Counter Last Sale 905 736 CIMBASEAN40 US$ US818 +9 0 818 818 128.3 3268 2355 DBXT China50 US$ US3124 -25 2 3124 3124 8.6 116.2 97.5 DBXT MS SING US$ US110.8
      157 words
  • Page 7 Advertisements
    • 36 7 FREE Buffet Lunch provided on the 4th! This is an overseas investment. As overseas investments carry additional financial; regulatory and legal risks; investors are advised to do the necessary checks and research on the investment beforehand.
      36 words
    • 237 7 HEALTHCARE CAN BE AFFORDABLE S i ar Heart Stroke Evaluation S$680 Lipid Profile Diabetic Profile Liver Profile Cardiac Markers Kidney Profile Bone Joint Profile STD Screen Full Blood Count Urine Analysis Electrocardiogram (ECG) Echocardiogram (LV) Ultrasound Carotid CT Coronary Angiogram OR Treadmill Consultation Health Cancer Evaluation S$690 Lipid Profile Diabetes
      237 words


  • Page 9 Advertisements
    • 719 9 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 SPECIAL EQUIPMENT MANAGEMENT SERVICES PTE. LTD. (Company Registration No.: *****8195M) MEMBERS' VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the Company deemed to be held on 30 November 2016, the following resolutions were duly passed: 1. SPECIAL RESOLUTION WINDING-UP RESOLVED THAT
      719 words
    • 3979 9 MIYOSHI LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****3979K) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Annual General Meeting (“AGM”) of Miyoshi Limited (the “Company”) will be held at 5 Second Chin Bee Road, Singapore *****2 on 23 December 2016 at 10.00 a.m.
      3,979 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
    • 276 13 Unwind in style with the all-new 2-in-1 Business Times Weekend Up-to-the-minute guide to the best in fashion, travel, food, design, in-depth features, thought-provoking columns and insights of the week. Stretch your weekend with the new Business Times Weekend now. Subscribe now at btsub.sg/promo or call 6388 3838 Receive a Fitbit
      276 words

  • REAL ESTATE
    • 421 14  -  Price reflects a net yield of slightly over 4 per cent based on existing leases in the four-storey building By Kalpana Rashiwala kalpana@sph.com.sg @KalpanaBT Singapore CITYVIBE, a four-storey commercial building near Clementi MRT Station, has been sold in a
      421 words
    • 550 14  -  By Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore THERE has been good demand from foreigners for Singapore’s private residential property this year, and real estate consultancy JLL expects the recovery in foreign demand to continue into 2017. It also expects properties in the prime
      Source: URA Realis, JLL Research  -  550 words
    • 470 14  -  By Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore THE Urban Redevelopment Authority (URA) on Tuesday released two sites, one at Perumal Road and another at Toh Tuck Road, for sale under the second half 2016 Government Land Sales (GLS) programme. The residential with first-storey commercial
      470 words
    • 245 14 REUTERS Shanghai TWO of China’s major cities have imposed new borrowing restrictions intended to cool their red-hot property markets, as authorities fret price growth will again rebound after showing only modest signs of abating. Shanghai has raised the minimum required downpayment and tightened
      REUTERS  -  245 words
  • Page 14 Advertisements
    • 372 14 (ORCHARD ROAD) OFFICE FOR LEASE Office: 355 to 1,917 sq ft Area: 893/ 1,184/ l,884/ 2,552/3,ll2/ Shop/F&B: 753 to 3,660 sq ft 3,358 5,113 8,000 sq ft 0 Also suitable for Clinic/Medical Directly connected to Nicoll Highway Suites MRT Station (Circle Line) Newly-renovated Office Lift Lobbies Minutes away from Suntec
      372 words
    • 205 14 International Residential Property Services Vanessa Chan CEA REG NO. R*****31 +65 8125 7636 Vanessa.Chan@ap.jll.com JonesLangLaSallePropertyConsultantsPteLtdlCEALicenceNo.L*****26E 3 If you're looking to buy or rent an HDB apartment, turn to the Print Classified Properties section. To advertise, call the Print Classified Hotline: 1800-289 9988. Need a room flat? A HOSPITALITY INVESTMENT Hospitality
      205 words
    • 53 14 Get your 5th ‘C’ here Choose from various club memberships or sell yours in CLASS 66 To advertise, call the Print Classified Hotline: 1800-289 9988 Which Upcoming BTO should I buy? SRX .com.sg Right Home. Right Price. Upcoming BTO Launches BTO Pricing Forecast BTO news Past BTO Launches BTO Buying
      53 words

  • BANKING & FINANCE
    • 552 15 BLOOMBERG Tokyo UBS Group AG’s US$2 trillion dollar wealth-management arm says yen traders have got Donald Trump all wrong, and the currency will strengthen to 98 per dollar by this time next year. The firm’s Tokyo-based head of Japanese
      BLOOMBERG  -  552 words
    • 682 15 RCBC says Bangladesh Bank is responsible for its own breach; Bangladesh’s law minister argues that RCBC should shoulder burden for accepting stolen cash REUTERS Manila PHILIPPINE lender RCBC and a Bangladeshi minister traded blame on Tuesday over liability for tens
      REUTERS; PHOTO: REUTERS  -  682 words
    • 560 15 BLOOMBERG Sydney MACQUARIE Group Ltd will combine two of its three capital-markets businesses as Australia’s biggest investment bank seeks to bring its trading activities under one roof. The securities firm cited the desire to streamline operations and provide clients with an
      BLOOMBERG  -  560 words
  • Page 15 Advertisements
    • 2908 15 NOTICES Tel 6289-8822 I Email notices@sph.com.sg I www.sphclass.com.sg TRIYARDS HOLDINGS LIMITED Co. Reg. No. *****0555Z (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Triyards Holdings Limited (the “Company”) will be held at 51 Shipyard Road, Singapore *****9
      2,908 words

  • TECHNOLOGY
    • 1111 16 Developments there are part of growing push around the world to regulate what users are allowed to post online NYTIMES Berlin YORAI Feinberg was going about his daily routine this month when his social media feeds and cellphone began lighting up. It
      NYTIMES; group. PHOTO: NYTIMES  -  1,111 words
    • 816 16 Cable news outlet is acquiring the technology and talent behind social media app Beme NYTIMES New York WITH millions of people regularly tuning in to his YouTube video blogs every morning, Casey Neistat has a millennial fan base coveted
      NYTIMES; PHOTO: NYTIMES  -  816 words
    • 518 16 BLOOMBERG New York AT&T Inc has formally unveiled DirecTV Now, a live online video service for consumers who don’t want conventional pay TV, especially mobilephone owners. Starting Wednesday, phone and tablet customers, along with owners of Web-enabled TV sets, can get 60-plus
      BLOOMBERG  -  518 words
  • Page 16 Advertisements
    • 52 16 “An insider’s view into the corridors of power that the author once walked through. This book is an engaging read penned by a gifted writer with great empathy for his country and countrymen.” LAI KWOK KIN founder and managing director of WeR1 Group Now on sale at all major bookstores
      52 words
    • 350 16 THE BUSINESS TIMES NOTICES NOTICE OF MEMBERS' MEETING IN THE MATTER OF COMPANIES ACT, CAP.50 AND IN THE MATTER OF TECNOMIC PROCESSORS PTE LTD (IN LIQUIDATION) UEN *****3275H (THE "COMPANY") COMPANIES WINDING UP NO. 195 of 2013 TAKE NOTICE that a meeting of members in the above matter will be
      350 words

  • CONSUMER
    • 614 17 It is expected to hit a record US$3.39b in sales while Black Friday is catching up with US$3.34b BLOOMBERG Seattle CYBER Monday is poised to retain its status as the biggest online spending day of the year despite a surge of shoppers
      BLOOMBERG; PHOTO: BLOOMBERG  -  614 words
    • 976 17 Lawmakers will move on bill this week; its extensive scale addresses problems that touch nearly every life NYTIMES Washington IN ONE of the most sweeping and rare bipartisan acts of this Congress, United States lawmakers will move this week on
      NYTIMES  -  976 words
  • Page 17 Advertisements
    • 955 17 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 (Incorporated
      955 words
    • 160 17 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF AGREGA ASIA PACIFIC PTE. LTD. (IN MEMBERS’ VOLUNTARY LIQUIDATION) (Co. Reg. No: *****6188M) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of the Companies Act, Cap. 50 that the Final Meeting of
      160 words
    • 1248 17 Elec Eltek fix 15 Elec Eltek International Company Limited (Incorporated in the Republic of Singapore with Limited Liability) Singapore Company Registration Number: *****0005H (Hong Kong Stock Code: 1151) (Singapore Stock Code: E16.SI) RENEWAL OF CONTINUING CONNECTED TRANSACTIONS NOTICE IS HEREBY GIVEN that the extraordinary general meeting of Elec Eltek International
      1,248 words

  • GOVERNMENT & ECONOMY
    • 1193 18 American MNCs have more than US$228 billion in China investments at stake in the event of a trade conflict BLOOMBERG Beijing IF US President-elect Donald Trump delivers on campaign pledges to get tough with China on trade, lining up against him likely
      BLOOMBERG; PHOTO: AFP  -  1,193 words
    • 521 18 BLOOMBERG Seoul SOUTH Korean President Park Geun-hye offered to resign on Tuesday if lawmakers can agree on an orderly transition of power, playing for time as she battles an influence-ped-dling scandal that has brought hundreds of thousands of people onto the street demanding
      BLOOMBERG; PHOTO: REUTERS  -  521 words
    • 356 18 REUTERS Zurich THE Swiss government plans to send Parliament next year a broad new treaty with the European Union to replace a patchwork of bilateral deals now under strain from immigration, it said on Tuesday, but it faces stiff
      REUTERS  -  356 words
    • 696 18 Move comes after yuan skids to more than 8-year lows; major outbound deals are being scrutinised REUTERS Shanghai CHINA is stepping up measures to stem capital outflows after its yuan currency skidded to more than eight-year lows, sources said on Tuesday,
      REUTERS  -  696 words
    • 315 18 REUTERS Kuala Lumpur MALAYSIA’S prime minister has expressed support for strict Islamic laws as he seeks to consolidate support of ethnic Malay Muslims at a party meeting this week, as frustration over graft and the economy cloud prospects
      REUTERS  -  315 words

  • TRANSPORT
    • 835 19  -  IMO plan map aims to ensure that ships built after 2025 will be at least 30% more fuel efficient STRAIT TALK BY DAVID HUGHES EARLIER this month, as US voters chose their 45th president, the United Nations Framework Convention of Climate Change (UNFCCC) Conference
      835 words
    • 806 19  -  Joint venture partners poised for more LNGV repair work in Singapore By Tan Hwee Hwee hweetan@sph.com.sg @HweetanBT Singapore SINGAPORE’S largest cryogenic equipment provider has tied up with the first outfitter licensed by leading liquefied natural gas (LNG) tank technology provider, Gaztransport
      806 words
    • 502 19 BLOOMBERG Frankfurt DEUTSCHE Lufthansa AG lost a German court bid to prevent pilots from resuming strikes on Tuesday in a labour dispute that has caused almost 4,500 flight cancellations this month. The Munich Labor Court denied the airline’s request for an injunction preventing
      BLOOMBERG; PHOTO: BLOOMBERG  -  502 words
    • 488 19 REUTERS Medellin BRAZILIAN soccer team Chapecoense, heading for the biggest game in their history, were on board a plane that crashed into the Colombian jungle, killing 76 people, the police said on Tuesday. A Reuters photographer at the scene said
      REUTERS  -  488 words
  • Page 19 Advertisements
    • 112 19 NOTICES Rules 91 and 101 FORM 69(4) IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF JOHNSON INDUSTRIES PTE. LTD. (IN COMPULSORY LIQUIDATION) NOTICE OF DIVIDEND Name of Company Johnson Industries Pte. Ltd. (In Compulsory Liquidation) Companies Winding Up Number Winding Up No. *****4 of
      112 words

  • Page 20 Advertisements
    • 1945 20 THE BUSINESS TIMES M SfflPPING TIMES MONTREAL 10 120 29/7 30/7 4/8 MONTREAL 10 120 29/7 30/7 4/8 EASTERN CAR LINER, LTD SPECIALIZE IN RORO HEAVY LIFT VOY Ramp(KT) Lifting(KT) SIN PKL KUC KK JKT SUR POSITIVE PASSION 79 100 1/12 3/12 COSMIC OAK 009 100 4/12 6/12 8/12 10/12
      1,945 words
    • 244 20 ENG LEE SHIPPING CO PTE LTD Tel: *****222 (10 Lines) Fax: *****174/*****960 Website: www.englee.com.sg/Email: marketing@englee.com.sg CR No: **********0C REGULAR FEEDER SERVICES TO INDONESIAN (DE1) VESSEL VOY SIN ETA SIN ETD DESTINATION FREQUENCY Marco Polo 108 BST231 01/12/2016 02/12/2016 Buatan/Buatan DAILY Marco Polo 158 BST257 01/12/2016 02/12/2016 Pekanbaru/Buatan DAILY Marco Polo
      244 words


  • OPINION
    • 555 22 EDITORIAL WITH growth forecast at 1-3 per cent for 2017, Singapore’s economic outlook remains as sluggish and subdued as it has been this year. But there are also on the horizon additional concerns that demand different response
      555 words
    • 1433 22  -  It is yet to be seen if Trump will prove to be the business-like president he promised to be, or will he reverse the US-Cuba relationship back to the Cold War era By Leon Hadar Washington THE death of Cuba’s Fidel Castro has sparked another of
      PHOTO: AFP  -  1,433 words
    • 904 22  -  THE BOTTOM LINE By Mario Margiocco PROJECT SYNDICATE Milan IN the last 68 years, Italy has held 17 general elections and a few referenda. But only three times has an Italian vote claimed centre stage internationally: in 1948, when the choice was between
      PROJECT SYNDICATE  -  904 words
    • 1047 23  -  COMMENTARY By Abhishek Bhatia T The writer is chief executive officer of FWD Insurance, Singapore. Prior to joining FWD, he spent 15 years with Prudential plc in senior roles across the globe The recent announcement by the Monetary Authority of Singapore (MAS) that it
      1,047 words
    • 857 23  -  By Simon Johnson T The writer is a professor at MIT’s Sloan School of Management and the co-author of ‘White House Burning: The Founding Fathers, Our National Debt, and Why It Matters to You’ PROJECT SYNDICATE
      PROJECT SYNDICATE  -  857 words
    • 1066 23  -  Former presidents with this weakness used experienced advisers, but the Trump camp is just as inexperienced. BY HARISH MEHTA BY HARISH MEHTA T The writer, a former BT Indochina correspondent, has taught the history of American foreign relations at Canadian universities, and
      PHOTO: AFP  -  1,066 words


  • LIFE & CULTURE
  • Page 24 Miscellaneous
    • 346 24 CRYPTIC CROSSWORD Across 1 Really popular female turn (2,4) 4 Sundial, perhaps one serving for ages (3-5) 10 Dishonest dealer having big row, always against disappearing (9) 11 Bother over sauce (5) 12 Of minor importance, time shown by competitor crossing island (7) 13 Performing animal sheltered by one (2,5)
      346 words

  • Page 25 Advertisements
    • 269 25 T. Rowe Price INVEST WITH CONFIDENCE V CONFIDENCE IS KNOWING YOUR INVESTMENT MANAGER IS ADEPT IN ALL CONDITIONS Change is inevitable. So it’s reassuring to invest with a global asset manager whose long-term vision can help you thrive in any environment. T. Rowe Price is a name you can rely
      269 words
  • EXECUTIVE MONEY
    • 1376 25  -  As president-elect Donald Trump is expected to push forward his populist agenda, short-term figures are already showing trades have reached their bullish extremes. BY LIM SAY BOON BY LIM SAY BOON The writer is chief investment officer at DBS Bank. WHILE the S&P 500 made
      PHOTO: AFP  -  1,376 words
    • 708 26  -  Jupiter Asset Management sees a turnaround in the sector driven by rate hikes, lighter regulation By Genevieve Cua gen@sph.com.sg @GenChuaBT Singapore FINANCE sector stocks, deeply unloved since the 2008 financial crisis, may be in for a substantial re-rating over the next few years, says Guy
      Source: Jupiter Global Financials  -  708 words
    • 501 26 BLOOMBERG Sydney STRATEGISTS are coming around to the idea that Japan is the place to be in 2017, with Morgan Stanley the latest to embrace one of the year’s biggest comeback stories at the expense of America’s
      BLOOMBERG  -  501 words

  • Page 26 Advertisements
    • 39 26 m 1 r 1841 L J 1840 1850 J. SAFRA SARASIN Sustainable Swiss Private Banking since 1841 L J 1 j 11 two 1 1910 1920 1930 1940 1900 1950 m m 2000 Celebrating Private Banking for 175 YEARS
      39 words