The Business Times, 28 December 2016

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Microfilm: NL34123
Total Pages: 24
1 24 The Business Times
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  • Title Section
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    23 1 THE BUSINESS TIMES S$1.20 A SINGAPORE PRESS HOLDINGS PUBLICATION businesstimes.com.sg fb.com/thebusinesstimes @BusinessTimes CO REGN NO *****2868E MCI (P) 037/12/2016 GWednesday, December 28, 2016
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  • Article
    Lock icon DAILY DIGEST
    206 1 Bank Negara has reminded financial institutions of their legal obligation to promptly notify the Malaysian central bank of any “significant findings” related to currency speculation. TOP STORIES 4 Land acquisition for the Kuala Lumpur-Singapore high-speed rail project will most likely take place by Q3 next year. TOP STORIES
    206 words
  • Article, Illustration
    Lock icon PEs on the prowl for O&M bargains
    779 1  -  Analysts offer clues on which companies private equity investors will go after in the beleaguered sector OUTLOOK 2017 By Tan Hwee Hwee hweetan@sph.com.sg @HweetanBT Singapore PRIVATE equity investors (PEs) have been fishing for opportunities in the beleaguered offshore and marine sector but the
    Source: Vesselsvalue  -  779 words
  • Article
    Lock icon More changes to Companies Act proposed
    900 1  -  By Michelle Quah michquah@sph.com.sg @MichelleQuahBT Singapore FURTHER changes to the Companies Act are afoot, along with proposed amendments to the Limited Liability Partnerships Act, and the Accountants Act. Notably, the current round of proposed changes covers much-awaited updates to rules governing information on beneficial
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  • Article, Illustration
    Lock icon Steeper declines in rents, prices
    374 1  -  It has been a bleak year for industrial property landlords as rentals and prices continued to slide. But from the state landlord JTC’s standpoint, all is going according to plan. Lower occupancy costs mean lower business costs for industrialists, which dovetail with its objectives.. BY
    Source: LTA  -  374 words
  • Article
    Lock icon MARKETS
    26 1 Tuesday Change STI 2,885.76 +14.71 KL COMP 1,619.68 +2.53 NIKKEI 225 19,403.06 +6.42 HANG SENG Closed SHENZHEN B 1,123.49 +1.89 DOW (10.50 EST) 19,966.48 +32.67
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  • TOP STORIES
    • Article, Illustration
      Lock icon Japan’s Nov household spending slides for 9th straight month
      752 2  -  Government still far from inflation goal as consumer prices follow downward trend By Anthony Rowley btworld@sph.com.sg Tokyo JAPAN’S consumer spending is set to end 2016 on a downbeat note, according to latest data from the Ministry of Internal Affairs and Communications
      PHOTO: BLOOMBERG  -  752 words
    • Article, Illustration
      Lock icon IoT devices become new targets for cybercriminals
      1346 2  -  Devices such as DVR players, WiFi cameras, music systems and routers can be fodder for fiends REVIEW 2016 By Amit Roy Choudhury amit@sph.com.sg @AmitRoyCBT Singapore SINGAPORE entities are no strangers to cybersecurity incidents with even major government sites getting in the crosshairs of
      ILLUSTRATION: SIMON ANG  -  1,346 words
    • Article
      Lock icon Autonomous vehicles, IoT among most disruptive techs in 2017
      355 2  -  B y Jacquelyn Cheok jaccheok@sph.com.sg @JacCheokBT Singapore AUTONOMOUS vehicles, the Internet of Things (IoT), and enterprise mobile apps have been voted the top three disruptive technologies in 2017 by Asian budding entrepreneurs. Going by a survey by Oslo-based telco Telenor, 37
      355 words
    • Article
      Lock icon Bank Negara reminds financial institutions of their reporting obligations
      535 4  -  This follows recent crackdown on offshore ringgit NDF (non-deliverable forward) market By Pauline Ng btworld@sph.com.sg Kuala Lumpur FOLLOWING its recent clampdown on the offshore ringgit NDF (non-deliver-able forward) market to curb speculative activities on the currency, Bank Negara has reminded financial
      535 words
    • Article, Illustration
      Lock icon Japan Inc shows promise with savvy holiday deal spree
      561 4  -  COMMENTARY By Tim Culpan BLOOMBERG WHILE much attention has been focused on Japan’s big ailing companies and their prospects for survival, a few small developments show some promising signs for the country’s future. Kicking off a week in deals, Asahi Glass
      BLOOMBERG; PHOTO: BLOOMBERG  -  561 words
    • Article
      Lock icon Land acquisition for KL-Singapore High Speed Rail to take place by Q3 2017
      542 4 Agency combing through 50m-wide tracts; much of what’s to be acquired will be plantation land Kuala Lumpur LAND acquisition for the Kuala Lum-pur-Singapore high speed rail (HSR) project will most likely take place by the third quarter
      542 words
    • Article, Illustration
      Lock icon Trump: UN ‘a club for people to get together, talk and have a good time’
      656 5 Harsh criticism signals he would likely challenge more than just the institution’s approach to the Middle East once he takes office WP Washington THREE days after the United Nations (UN) adopted a resolution calling on
      WP; PHOTOS: AFP, REUTERS  -  656 words
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      201 4 St+ news with benefits IN ASSOCIATION WITH wine our best picks <uA WINE ADVOCATE STwine st St wine r s r xu(l THE STRAflS TOffiS •HE STRAITS TIMES i, A I TOL Fine wines at your doorstep Subscribe to ST's new wine club and get up to four bottles of
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      28 4 Blow your own trumpet Buy new musical instruments or put up your old ones for sale in CLASS 72 To advertise, call the Print Classified Hotline: 1800-289 9988
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      302 5 A STAR ALLIANCE MEMBER v^> BOOK EARLY TO GET EXCLUSIVE SHOPPING TREATS Make advance bookings with MasterCard® to receive complimentary King Power Gift Vouchers -3^. P h Economy Class Advance Booking THB 1,000 King Power Gift Voucher per ticket* Business Class Advance Booking THB 1,500 King Power Gift Voucher per
      302 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon JUMBO’s appetite for expansion could prove good for growth
      702 6  -  HOCK LOCK SIEW BY NISHA RAMCHANDANI nishar@sph.com.sg @Nisha_BT Restaurant group JUMBO Seafood could prove promising for investors as the chain sharpens its focus on expanding in China and the rest of Asia. While the food-and-beverage (F&B) industry in Singapore is expected
      ST FILE PHOTO  -  702 words
    • Article
      Lock icon Panasonic to invest in Tesla PV cell plant
      153 6 REUTERS Tokyo PANASONIC Corp will invest more than 30 billion yen (S$370 million) in a New York production facility of Elon Musk’s Tesla Motors to make photovoltaic (PV) cells and modules, deepening the partnership between the two companies. Japan’s Panasonic, which has
      REUTERS  -  153 words
    • Article
      Lock icon GIC to acquire 10% stake in HERE with Tencent, NavInfo
      409 6  -  By Chai Hung Yin chaihyn@sph.com.sg @ChaiHungYinBT Singapore SINGAPORE’S sovereign wealth fund GIC will jointly acquire a 10 per cent stake in HERE, the Open Location Platform company, with Chinese Internet services provider Tencent Holdings and NavInfo, China’s digital maps and
      409 words
    • Article
      Lock icon Equation plans major restructuring to focus on anti-theft business
      682 6  -  By Kenneth Lim kenlim@sph.com.sg @KennethLimBT Singapore EQUATION Summit is adjusting its capital structure and divesting certain businesses as part of a major restructuring to refocus the company on its proprietary anti-theft technology. There are four major components of the restructuring, which
      682 words
    • Article
      Lock icon GLP secures Sagamihara site in Greater Tokyo
      210 6  -  By Angela Tan angelat@sph.com.sg Singapore GLOBAL Logistic Properties (GLP) has secured a site in Sagamihara, Greater Tokyo, which it plans to develop over 655,000 square metres of gross floor area at a total investment cost of 133 billion yen (S$ 1.6 billion). GLP
      210 words
    • Article
      Lock icon Yanlord acquires second Nanjing site for 7.8b yuan
      597 7  -  It will develop a massive integrated project with residential apartments, hotel, offices and “tourism space” By Lynette Khoo lynkhoo@sph.com.sg @LynetteKhooBT Singapore YANLORD Land Group said on Tuesday that it has acquired a prime development site on Sino-Singapore Nanjing Eco Hi-Tech Island for
      597 words
    • Article
      Lock icon China Everbright raises Ying Li stake
      457 7  -  By Cai Haoxiang haoxiang@sph.com.sg @HaoxiangCaiBT Singapore CHINA Everbright Ltd, the asset management arm of Chinese state-owned China Everbright Group, has increased its stake in Singapore-listed Chongqing developer Ying Li International Real Estate. Disclosures late last Friday night showed China Everbright’s indirect unit, State Alpha,
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    • Article, Illustration
      Lock icon Toshiba warns of multibillion-dollar loss on US nuclear acquisition
      590 7 BLOOMBERG Tokyo TOSHIBA Corp can’t get past its accounting problems. The Japanese company, which paid a record fine a year ago for its bookkeeping practices, warned that it may now have to take another charge of several billion dollars related to
      BLOOMBERG; PHOTO: REUTERS  -  590 words
    • Article
      Lock icon Abu Dhabi bourse to introduce shortselling in Q1 2017: CEO
      301 7 REUTERS Dubai ABU Dhabi’s stock market plans to introduce covered shortselling in the first quarter of 2017, its chief executive said on Monday, as it seeks to boost liquidity and attract more foreign investors. In covered shortselling, investors borrow shares
      REUTERS  -  301 words
    • Article, Illustration
      Lock icon STI / Catalist
      62 8 STI Catalist Straits Times Index Dec 27,2016 2,885.76 +14.71 (+0.51%) Current streak 1 day Day high 2,887.58 Day low 2,857.91 52-week high 2,960.78 (Apr 21, 2016) 52-week low 2,532.70 (Jan 21,2016) FTSE ST Catalist index Dec 27,2016 433.37 -3.03 (-0.69%) Current streak 1 day Day high 437.01 Day low 430.86
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    • Article
      Lock icon GAINERS
      71 8 BY CENTS CLOSE UP 52w high/low GLD US$ ***** 172.3 1.1 *****/***** JSH USD 3270 55.0 1.2 3605/2524 DBXT MSEurope US$ 5373 40.5 0.5 5523/4770 Jardine C&C 3964 27.0 0.7 4520/3160 Venture Corp 988 19.0 2.0 1005/765 BY PERCENTAGE CLOSE UP 52w high/low Sinjia Land 9 66.7 3.6 9.9/5.1
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    • Article
      Lock icon LOSERS
      73 8 BY CENTS CLOSE DOWN 52w high/low DBXT Nifty US$ ***** -50.7 -0.3 *****/***** Hyflux 6% CPS 9420 -25.0 -0.3 *****/9100 DBXT MSAsExJp US$ 3250 -23.2 -0.5 3633/2772 AEI 47 -13.0 -21.7 78/36 Kencana Agri 45 -7.0 -13.5 70/36 BY PERCENTAGE CLOSE DOWN 52w high/low Polaris 0.4 -33.3 -0.2 1/0.3
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    • Article
      Lock icon UNUSUAL ACTIVITY
      83 8 VOL CLOSE($) CHANGE Sinjia Land 1,162.0 0.090 +0.036 +66.67 Epicentre 425.0 0.190 +0.070 +58.33 Nippecraft 6,838.0 0.035 +0.004 +12.90 Combine Will 10.1 0.595 +0.075 +14.42 Enviro-Hub 66.1 0.063 -0.017 -21.25 China Great Land 200.2 0.023 -0.010 -30.30 Sabana Reit 5,092.6 0.380 -0.070 -15.56 Mirach Energy 101.5 0.073 -0.020
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    • Article, Illustration
      Lock icon STI ends on a merrier note despite thin trade
      736 8  -  Banks lead the gains; Ezra, Rex and Ezion end the day in the green on higher oil prices TTSTOCKS By Claire Huang huangjy@sph.com.sg @ClaireHuangBT INVESTORS took a pause this festive season, not uncommon in December, particularly when the past year is
      Source: Bloomberg  -  736 words
    • Article
      Lock icon STI STOCKS
      303 8 Stock name Close Change Day high/low 52w high 52w low PE Div yield Mcap Ascendas Reit 227 +2 227/224 257 209 6.8 6368.3 CapitaCom Trust 147 +2 147.5/143.5 164 127 5.9 4356.3 CapitaLand 300 +2 301/296 340 280 12 3 *****.7 CapitaMall Trust 188 +1 188/187 225 187
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    • Article
      Lock icon MOST ACTIVE
      32 8 VOLUME Ezra 58,542,400 Noble 46,596,900 Equation 32,207,000 Yuuzoo 30,556,200 Spackman 26,300,600 Market volume 600,117,000 VALUE Singtel 33,930,202 DBS Grp 32,220,787 UOB 22,935,426 OCBC Bank 15,387,662 CapitaLand 12,048,313 Market value 356,670,000
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    • Article
      Lock icon OTHER SINGAPORE INDICES
      77 8 Dec 27 VALUE CLOSE BT OB/OS -501.00 +59.00 BT CADI -*****.00 +19.00 BT 10-day MA -*****.00 -50.00 FTSE ST Mid Cap 673.67 +5.25 FTSE ST Small Cap 375.59 +0.90 FTSE ST All Share 704.53 +3.82 FTSE ST China Top 158.23 +0.68 FTSE ST China 203.25 +0.99 FTSE
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    • Article
      Lock icon SGX ETFs
      113 8 Most Active Fund Last sale +/-(‘000) Day high/low 52w high/low Buy/Sell Mcap STI ETF 294 +1 478 294/292 303/254 294/295 DBXT MSRussia US$ US243 -2 81 243/241 253/129 244/245 ABF SG Bond ETF 114.6 cd +0.6 71 114.6/114 120.1/112.1 114.1/114.6 523.1 Nikko AM STI ETF 300 cd +1
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    • Article, Illustration
      Lock icon STI / FTSE ST All-Share
      35 8 STI FTSE ST All-Share FTSE STAll-Share Index Dec 27, 2016 704.53 +3.82 (+0.55%) Current streak 1 day Day high 704.55 Day low 698.43 52-week high 722.88 (Apr 21, 2016) 52-week low 625.37 (Jan 21, 2016)
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    • Article, Illustration
      Lock icon STI / MSCI EAFE
      33 8 STI MSCI EAFE MSCI EAFE index Dec 26,2016 1,672.79 -1.77 (-0.11%) Current streak 1 day Day high 1,675.00 Day low 1,672.68 52-week high 1,734.72 (Sept 7, 2016) 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 4 4 9 0 1 0 4 5 9 Manufacturing 32 35 21 7 7 15 39 42 36 Commerce 17 14 16 4 3 3 21 17 19 Tpt/Stor/Comms 13 7 6
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      121 8 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 4,711 38 4,749 16,151 6 16,157 Manufacturing 37,365 71,848 109,213 28,455 2,708 31,163 Commerce 78,333 14,826 93,159 25,733 190 25,924 Tpt/Stor/Comms 85,562 150 85,712 61,952 13 61,966 Finance 7,696 167 7,863 83,309 23 83,333 Construction
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    • BROKERS’TAKE
      • Article
        Lock icon Spackman Entertainment Group | BUY
        438 8  - Spackman Entertainment Group BUY Kenneth Lim Target price: S$0.32 Dec 27 close: S$0.192 RHB Research, Dec 27 MASTER, a South Korean crime-action film, opened at the top of the South Korean box office on the first day of its release (Dec 21) and maintained its position throughout the Christmas holidays,
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    • Article
      Lock icon Dollar gains, sterling slides after Christmas
      452 9 CURRENCIES REUTERS London THE dollar inched higher against the yen and a handful of other major currencies in holiday-thinned trade on Tuesday, with sterling experiencing by far the biggest fall as concerns over next year’s Brexit negotiations continued to weigh heavily. Going into the
      REUTERS  -  452 words
    • FOREX RATES
      • Article
        Lock icon INTERBANK CROSS RATES
        471 9 Dec 27 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.972 4.996 0.688 5.578 48.875 96.625 0.843 8.682 3.219 1.042 75.330 35.803 1.041 10.053 0.739 23.205 25.884 0.585 0.719 Canada 1.028 5.137
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      • Article
        Lock icon INTERBANK CURRENCY RATES
        155 9 Dec 27 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.0405 1.0412 0.7187 0.7189 Canadian dollar 1.0700 1.0708 0.7393 0.7390 Euro 1.5122 1.5129 1.0445 1.0446 NZ dollar 0.9985 0.9996 0.6897 0.6902 Sterling pound 1.7776 1.7785 1.2278 1.2280
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      • Article
        Lock icon US$/S$ FORWARD RATES
        22 9 Dec 27 S$ Bid Offer 1-month 1.4483 1.4489 2-months 1.4482 1.4490 3-months 1.4484 1.4492 6-months 1.4484 1.4496 Source: OCBC
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      • Article, Illustration
        Lock icon HANG SENG
        2 9
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        Lock icon SHANGHAI COMPOSITE
        2 9
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      • Article, Illustration
        Lock icon NIKKEI
        1 9
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      • Article, Illustration
        Lock icon DOW JONES
        2 9
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    • EQUITY BONDS WARRANTS FUTURES
      • Article
        Lock icon SGX DERIVATIVES TRADING
        383 9 Dec 27 OPEN HIGH LOW SETT VOL OP/INT FTSE CHINA A50 INDEX FUTURES Dec16 *****.00 *****.00 9940.00 9992.50 *****4 *****7 Jan17 *****.00 *****.50 9985.00 *****.00 *****6 *****1 NIKKEI 225 INDEX FUTURES Mar17 *****.00 *****.00 *****.00 *****.00 ***** *****5 Jun17 *****.00 *****.00 *****.00 *****.00 2 359 MSCI TAIWAN
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      • Article
        Lock icon BONDS, WARRANTS, PREFERENCE SHARES
        208 9 Most active Dec 27 Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Equation Summit Ltd W*****2 0.4 unch ***** 1 1 40 2.50 8 DBS MB eCW*****0 7.6 -0.1 847 0.1 1950 7 OCBC BK MB ECW*****6 6.1 0.6
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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 Dec 26 Index Change Change Change Change Change Change World Preliminary 1373.9 0.0 7.5 0.0 7.9 0.0 5.8 EAFE Preliminary 1037.7 -0.1 2.4 -0.1 -0.6 -0.1 -2.5 Europe Preliminary 1463.8 0.0 3.6
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    • BANK RATES
      • Article
        Lock icon INTERBANK RATES
        154 9 Dec 27 $S Offer Bid 0vernight 0.05 0.01 1-month 0.75 0.625 2-months 0.875 0.75 3-months 1.0 0.875 Overnight mode: 0.35 US$ Offer Bid 7 days 0.90 0.80 1 month 0.95 0.75 2 months 1.00 0.80 3 months 1.10 0.90 6 months 1.40 1.20 9 months 1.60 1.40 12
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      • Article
        Lock icon GOVERNMENT SECURITIES
        67 9 Dec 27 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year NY*****A 4.000 01-Sep-18 104.48 5-Year N*****0Z 1.250 01-Oct-21 97.35 97.42 97.29 10-Year NX*****F 2.125 01-Jun-26 97.77 97.95 97.75 15-Year NZ*****F 2.875 01-Sep-30 102.45 102.60 102.57 20-Year NZ*****X 2.250 01-Aug-36 93.77 94.05 93.60
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    • AGRI METALS ENERGY
      • Article
        Lock icon COMMODITY FUTURES
        247 9 Dec-23 Price Net change change Last Trade Agricultural Dec-23 CBOT Soybeans (US cents/bu) 989.00 -5.50 -0.55% 13/01/2017 CBOT Soybean Oil (US cents/lb) 34.60 -0.19 -0.55% 13/01/2017 CBOT Wheat (US cents/bu) 393.50 -3.50 -0.88% 14/03/2017 Dec-23 LIFFE Cocoa (£/tonne) 1816.00 14.00 0.78% 16/03/2017 LIFFE Coffee (US$/tonne) 2103.00 27.00 1.30%
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    • Article
      Lock icon Vietnam stocks outperforming Asean peers
      757 10 Planned stake sales of major government companies expected to give further boost to bourse BLOOMBERG Hanoi VIETNAM stocks are pricier than their South-east Asian peers for the first time in two years and they are about to become more expensive. “There is room to grow,”
      BLOOMBERG  -  757 words
    • Article, Illustration
      Lock icon Super Mario Run no longer highest grossing iOS app
      335 10 BLOOMBERG Tokyo THE initial excitement surrounding Nintendo Co’s debut mobile game, Super Mario Run, appears to be wearing off. The title, released on Dec 15 for Apple Inc devices, was no longer the highest grossing iOS application in any country for
      BLOOMBERG; PHOTO: BLOOMBERG  -  335 words
    • Article
      Lock icon Actively managed funds nursing withdrawals despite US market’s bull run
      632 10 REUTERS New York FINANCIAL pundits shouted about record high levels for the stock market in 2016, but for actively managed stock mutual funds there was another record, one they would rather keep quiet: the largest amount of net withdrawals ever
      REUTERS  -  632 words
    • Article
      Lock icon Foreland takes legal action against its former executive chairman
      179 10  -  By Angela Tan angelat@sph.com.sg Singapore FORELAND Fabrictech Holdings said on Tuesday that it is in the process of engaging legal advisers to take further action against its former executive chairman, Tsoi Kin Chit, over possible breaches. The China textile company said
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    • CORPORATE DIGEST
      • Article
        Lock icon Lum Chang Holdings
        65 10 LUM Chang Holdings’ subsidiary has sold a London hotel for £13.78 million (about S$24.5 million). On Dec 23, Lum Chang subsidiary Lum Chang Orion agreed to sell 11.4 million shares in Pembridge Palace Holdco to ITC Investment Technology Group Companies. Pembridge Palace owns the freehold interest in
        65 words
      • Article
        Lock icon Global Yellow Pages
        65 10 GLOBAL Yellow Pages has received approval to construct 225 houses in Queenstown, New Zealand, the company said on Tuesday. The approval will allow its wholly owned subsidiary The Remarkable Residences (TRR) to build on a plot of freehold land of about 38,400 square metres. It is not
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      • Article
        Lock icon SATS
        114 10 GROUND-HANDLER SATS has signed a conditional share sale agreement with Malaysia Airlines to acquire a 10 per cent stake in Evergreen Sky Catering Corporation (ESCC) for RM100 million (about S$32.3 million). SATS already owns 15 per cent in ESCC and the deal will boost its stake in the catering
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      • Article
        Lock icon RHT Health Trust
        61 10 HOSPITAL owner RHT Health Trust has ditched rgam Corporation as its investment adviser and tapped Stellant Capital Advisory Services for the job instead, it said on Tuesday. It said it terminated the agreement with RGAM and inked the deal with Stellant "on substantially the same terms". Stellant
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      • Article
        Lock icon Swee Hong
        123 10 CIVIL engineering firm Swee Hong has agreed to sell a freehold property at 190A and 190C Choa Chu Kang Avenue 1 for S$3.1 million to a privately held firm run by one of its employees, Hong Ee Corporation, it said on Tuesday. The directors of Hong Ee as
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      • Article
        Lock icon Rex International
        77 10 A UNIT of energy firm Rex International Holding has secured an extension of a 400 million Norwegian kroner (S$66.5 million) credit facility, Rex said on Tuesday. Lime Petroleum Norway's credit facility from Skandinaviska Enskilda Banken has been extended for two more years from December 2016, Rex said. It
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    • Article
      Lock icon SGX MAINBOARD
      1637 11 Transaction date: Dec 27 52-Wk Last Vol Day Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/Ep $mil Last Vol Day Div GrYld Net 162 107 AIMS Property 156.5cd unch 5 156.5 156.5 1.8 56.5 149 124.5 AIMSAMP Cap Reit 127.5 -0.5 397 129
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    • Article
      Lock icon SGX CATALIST
      335 11 52-Wk Last Vol Day Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/E Last vol Day LOW Div GrYld Net 0.5 0.1 t Advanced Systems 0.2 unch 20 0.2 0.2 5.3 46.5 29.5 t Advancer Global 35 unch 30 35 35 13.9 60.6 LOW
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    • Article
      Lock icon SGX ETF
      122 11 52-Wk Last Vol Day Div GrYld Net MCap High Low Counter Sale +/-(’000) High Low C’vr P/E 120.1 112.1 ABF SG Bond ETF 114.6cd +0.6 71 114.6 114 523.1 Last Sale vol 3268 2355 DBXT China50 US$ US2913 +3 8 2919 2913 8 High Day 1388 995 DBXT
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      Lock icon Page 6 Advertisements Column 1
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      46 6 What it takes to be an Olympic champ “I’m sacrificing my childhood my time with friends, but I want to look back after I’ve reached my goal and be able to say that I made it.” Joseph Schooling Now on sale at good bookshops or www.stpressbooks.com.sg
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      1606 7 NOTICES THE COMPANIES ACT, CAP. 50 TRIONATEDSWORTH PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) Notice is hereby given pursuant to Section 308 of The Companies Act, Cap. 50 that the Final Meeting of Members of the abovenamed Company will be held at 711 Geylang Road #03-04, Singapore *****6 on Tuesday, 31
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  • Page 10 Advertisements
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      28 10 Blow your own trumpet Buy new musical instruments or put up your old ones for sale in CLASS 72 To advertise, call the Print Classified Hotline: 1800-289 9988
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      298 10 Dr Tee Tong Yan, ShareInvestorAcademy Trainer In this short course, Dr Tee will teach the powerful methods step by step, how to select strong global value growth stocks, then wait patiently for different levels of crisis to buy at low price, holding for dividend income, then finally selling at high
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      71 11 ON THIS OPPORTUNITY Reach out to investors and affluent readers in this Investor Information Page. Advertise at less than $5,800 per full colour ad (a special package for 4 leading newspaper titles The Straits Times, The Business Times, Lianhe Zaobao and The New Paper Sunday). Contact our Sales Team now!
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  • REAL ESTATE
    • Article, Illustration
      Lock icon China reassures homeowners worried about land rights
      710 12 Some Wenzhou homeowners told they won’t have to pay fee to extend rights to land under their houses NYTIMES Beijing CHINA has clarified for the first time a closely watched issue of land rights that has caused uncertainty for the millions of Chinese
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      Lock icon Spanish property in boom phase with mini bubbles forming
      694 12 REUTERS Madrid ACCORDING to a Spanish proverb, it is a bad idea to start building a house from the roof. But that is just what a Spanish firm is doing and business is booming. Faced with a lack of available land
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      30 12 EmpText Current Affairs Special How Jobs and Skillsfor the Future should Singaporeans seize opportunities? Catch the video series on zaobao.sg Supported by： Series sponsor： Chinese programme with English subtitles http://bit.ly/zb-it-matters
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      15 12 International Residential Property Services Vanessa Chan CEA REG NO. R*****31 +65 8125 7636 Vanessa.Chan@ap.jll.com JonesLangLaSallePropertyConsultantsPteLtdlCEALicenceNo.L*****26E
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  • BANKING & FINANCE
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      Lock icon European banks struggling to stay above water
      1094 13 Deutsche and Credit Suisse face billions in settlements that will drag on profitability for years BLOOMBERG Frankfurt RELIEF that Deutsche Bank AG and Credit Suisse Group AG cleared legal hurdles is likely to soon give way to concern over a bigger problem: European
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    • Article
      Lock icon Fund managers bullish on emerging markets in 2017
      621 13 However, credit rating agencies have a less positive outlook REUTERS New York A NUMBER of global fund managers say they are buying emerging market assets for 2017 after the beating the sector has taken since the US election in November, even though
      REUTERS  -  621 words
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      Lock icon ECB says Paschi bank needs 8.8b euros of capital
      473 13 BLOOMBERG Rome THE European Central Bank (ECB) sees Italian lender Banca Monte dei Paschi di Siena SpA needing about 8.8 billion euros (S$ 13.3 billion) of capital to bolster its balance sheet after liquidity deteriorated this month. The calculation is based
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      Lock icon Three foreign banks eyeing Turkish market, says bank regulator
      232 13 REUTERS Ankara THREE foreign banks, including one from the United States, are considering entering the Turkish market, possibly as soon as next year, the head of the country’s banking watchdog was quoted as saying. Bank of China began operations this year
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      364 13 THE BUSINESS TIMES NOTICES IN THE MATTER OF THE COMPANIES ACT (CAP. 50) AND IN THE MATTER OF TES ASIA PACIFIC PTE. LTD. Company Registration No. *****0770N (Incorporated in the Republic of Singapore) (Hereinafter referred to as the "Company") NOTICE OF CREDITORS' MEETING PURSUANT TO SECTIONS 296 AND 297 OF
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  • ENERGY & COMMODITIES
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      51 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 Everything, plus the kitchen sink Select furniture for your home or showcase your merchandise in CLASS 114 To advertise, call the Print Classified Hotline: 1800-289
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  • TECHNOLOGY
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      Lock icon Finns top list of 32 countries in Internet use on phones, tablets
      862 15 Finland’s cheap subscription plans are proving a bane as parents mimic teenage kids in consuming online content AFP Helsinki ON the crowded morning metro in Helsinki, silence prevails. Everyone is hunched over their smartphone screens, reading the news,
      AFP; PHOTO: AFP  -  862 words
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      Lock icon China vows to protect information security ‘using all means’
      457 15 BLOOMBERG Beijing CHINA will use all means necessary to protect its information security, including the use of its military, striking a hard line in the country’s first strategic report on cybersecurity. Zhao Zeliang, director general of the bureau of cybersecurity for
      BLOOMBERG  -  457 words
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      Lock icon Telegram the ‘app of choice’ for terrorists
      1180 15 WP Washington WHEN the Islamic State was seeking volunteers for a holiday killing spree in Europe, it sent word over its favourite social-media channel: the messaging service known as Telegram. “Christmas, Hanukkah, and New Years Day is very soon,” began a Dec 6
      WP; PHOTO: AFP  -  1,180 words
    • Article
      Lock icon Thailand detains nine for hacking govt websites in protest
      379 15 AFP Bangkok THAI authorities have detained at least nine people on suspicion of hacking, a senior junta official said Monday, following days of disruption to government websites sparked by the passing of a controversial cyber censorship law. Earlier this month, Thailand’s
      AFP  -  379 words
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  • CONSUMER
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      Lock icon Web advertising: greater reach but at what cost?
      1162 16 Advertisers grapple with balancing greater reach afforded by online automated advertising with the dangers of bankrolling fake news portals and other toxic sites NYTIMES New York ADVERTISING on the Internet has never been easier. Data and automation increasingly allow companies large and
      NYTIMES  -  1,162 words
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      Lock icon For a niche American jazz label, vinyl is the future
      782 16 NYTIMES Peekskill, New York JAZZ pianist Elan Mehler hovered over a vinyl-cutting lathe at Masterdisk studios as a mastering engineer laid a blank disc onto the plate and paused for a moment, listening for hints of interference as the blade
      NYTIMES; PHOTO: NYTIMES  -  782 words
    • Article
      Lock icon Sony deletes tweets on Britney Spears’s death, says hackers to blame
      442 16 AFP New York NO, Britney Spears is not dead. Yet her fans’ hearts may have skipped a beat on Monday when tweets purportedly from Sony Music Entertainment said “RIP @britneyspears #RIPBritney 1981-2016” and “Britney spears is dead by accident!
      AFP  -  442 words
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      Lock icon China’s giant cow farms leave neighbours up milk creek
      807 16 AFP Gannan, China GIANT piles of black manure towering over cornfields, while rancid-smelling effluent from thousands of cows spills onto the land this is the price of a glass of milk in China today. Large-scale dairy farms have boomed in the
      AFP; PHOTO: AFP  -  807 words
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  • TRANSPORT
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      Lock icon Let’s remember who really makes shipping work
      785 17  -  At the end of the day, it is the tireless, sometimes thankless, work of dedicated seafarers that makes a difference STRAIT TALK BY DAVID HUGHES IT HAS been an eventful and often difficult year for the shipping industry. For example, the Hanjin Shipping
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      Lock icon Searchers recover main black box of crashed Russian plane
      562 17 AFP Sochi, Russia THE main black box of the Syriabound Russian military plane that crashed into the Black Sea with 92 people on board has been found in a massive ongoing search operation, authorities said on Tuesday. “The main black box
      AFP  -  562 words
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      Lock icon Low-cost airlines slow to take off in Latin America
      681 17 AFP Montevideo A CHEAP flight from Paris to Madrid will set you back about US$ 100. But it costs six times that to cover the same distance in Latin America, where lowcost airlines are just taking off. Latin America has long
      AFP  -  681 words
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      Lock icon Why some holiday gifts are on many airlines’ no-fly list
      1138 17 NYTIMES New York THE presents have been unwrapped. The batteries have been charged. Chances are, a few of those new gizmos may be designed to make air travel less stressful and more productive. Even so, when it is time to
      NYTIMES; PHOTO: NYTIMES  -  1,138 words
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  • OPINION
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      Lock icon Turnbull’s coalition stands firm despite credit rating threats
      590 20 EDITORIAL AUSTRALIA’S ruling coalition breathed a collective sigh of relief when credit rating agencies decided not to downgrade the nation’s AAA rating after its Mid-Year Economic and Fiscal Outlook report was released a week ago. Prime Minister Malcolm Turnbull’s government remains hugely
      590 words
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      Lock icon Resolved: Trump is serious about trade – and that’s troubling
      1421 20  - Resolved: Trump is serious about trade and that’s troubling His appointment of a leading trade hawk and China basher to a top position portends conflict By Leon Hadar Washington DURING a time of growing geostrategic instability and geoeconomic uncertainty, one of the flourishing industries in Washington these days is that
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      Lock icon China on the rise
      806 20  -  THE BOTTOM LINE By Frank Ching T The writer is a Hong Kong-based journalist and commentator. Follow him on Twitter: @FrankChing1 AS 2016 draws to a close, China’s economic, political and military posture is higher than ever. It has challenged the United States in the South
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      Lock icon Security set to be key election issue across EU in 2017
      1041 21  -  COMMENTARY By Andrew Hammond T The writer is an Associate at LSE IDEAS (the Centre for International Affairs, Diplomacy and Strategy) at the London School of Economics CALLS are growing across Europe for the tightening of border controls in
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    • Article
      Lock icon Solving the currency chaos in Venezuela
      497 21  -  COMMENTARY By Steve Hanke T The writer is professor of applied economics at Johns Hopkins University and a member of the Official Monetary and Financial Institutions Forum OMFIF Baltimore VENEZUELA is embroiled in history’s 57th hyperinflation crisis on top of the existing problems of
      OMFIF  -  497 words
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      Lock icon Use underground space to boost retail in Singapore
      1092 21  -  An effective URA incentive scheme entails a delicate balance between the objectives of the state and the market, where profit matters. BY YU SHI MING AND JUSTIN GOH BY YU SHI MING, JUSTIN GOH T Yu Shi Ming is an associate professor,
      1,092 words
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  • Page 22 Advertisements
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      244 22 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 296 PRW027 28/12/2016 29/12/2016 Pelindo/Perawang DAILY Marco Polo 108 BST232 28/12/2016 29/12/2016 Pekanbaru/Buatan DAILY Marco Polo
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  • LIFE & CULTURE
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      Lock icon Saudi royals spending big in age of austerity
      1107 23 This comes even as pay and subsidy cuts for govt staff push power, gas, water bills higher NYTIMES Tangier, Morocco BEHIND a tall perimeter wall, studded with surveillance cameras and guarded by Moroccan soldiers, a sprawling new palace for King Salman bin
      NYTIMES; PHOTO: NYTIMES  -  1,107 words
    • Article
      Lock icon International cricket facing threat of too many matches
      708 23 NYTIMES New York INTERNATIONAL sports competitions are celebrated for pitting the world’s best players against one another. In international cricket, this ideal is increasingly compromised. In February, the Australian national cricket team will play two matches in 24 hours on different continents:
      NYTIMES  -  708 words
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      Lock icon Largest coral die-off at Great Barrier Reef
      491 23 WP Washington ALL year, it has been a real-time environmental catastrophe. The Great Barrier Reef, an unparalleled ecological treasure that supports all sorts of sea life and a range of human needs, not to mention a huge tourist economy, has seen the largest
      WP; PHOTO: REUTERS  -  491 words
  • Page 23 Miscellaneous
    • Miscellaneous
      Lock icon Page 23 Miscellaneous Column 1
      332 23 CRYPTIC CROSSWORD Across 1 Air transport that’s used by a 0lumberjack (7) 5 One’s restricted by a lack in flavour (7) 9 Has to set out professions of loyalty (5) 10 Phoney gains fare for ocean travel (9) 11 Airman and crew involved in conflict (7,3) 12 Liveliness I found
      332 words
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  • EXECUTIVE MONEY
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      Lock icon Wall St upbeat over ‘tax holiday’
      1167 24 Trump’s proposed tax reform of 10% from 35% for companies bringing back profits to the US is getting merger bankers excited NYTIMES New York US PRESIDENT-ELECT Donald Trump has said he would like to create a “tax holiday” so that American companies can bring
      NYTIMES; debt. PHOTO: BLOOMBERG  -  1,167 words
    • Article
      Lock icon Wanted: Analysts with ‘no ego’
      389 24 Stanford endowment fund looks for candidates to join team of 16 investment pros BLOOMBERG Boston WANT to work for Stanford University’s endowment? Leave your ego at the door. Stanford Management Co, the non-profit organisation overseeing the university’s US$22.4 billion endowment, is looking for an unspecified
      BLOOMBERG  -  389 words
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      Lock icon Tepco, investors eye 1st bond sale since Fukushima
      614 24 REUTERS Tokyo TOKYO Electric Power (Tepco) is gauging demand for its first bond offering since the 2011 Fukushima nuclear calamity, with some market participants expecting a sale as early as February, people familiar with the plans said. Once-sceptical investors are now more
      REUTERS; PHOTO: REUTERS  -  614 words
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      Lock icon Yuan turnover soars in sign of December outflow pressures
      454 24 BLOOMBERG Beijing THE onshore yuan’s surging trading volume is another piece of evidence that capital is fleeing China at a faster pace. The daily average value of transactions in Shanghai climbed to US$34 billion in December as of Monday, the highest
      BLOOMBERG; PHOTO: AFP  -  454 words