The Business Times, 18 August 2014

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

Total Pages: 28
1 28 The Business Times
  • 25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg SfCl A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MCI (P) 051/08/2014 Monday, August 18, 2014
    25 words
  • 912 1  -  Govt to allow partial withdrawal in lump sum for those 65 and above NATIONAL DAY RALLY BY LEE U-WEN |eeuwen@sph.com.sg @LeeUwenBT [SINGAPORE] The government plans to allow those aged 65 and above to withdraw a portion of their Central Provident Fund (CPF) savings
    Photo: Neo Xiaobin/ST  -  912 words
  • MARKETS DIGEST
    • 57 1 Weekly Change ST INDEX 3,314.77 +25.88 KL COMP 1,864.31 +24.44 NIKKEI 225 15,318.30 +539.93 HANG SENG 24,954.90 +623.49 SET INDEX 1,546.62 +26.31 JAKARTA COMP 5,148.96 +95.20 MANILA COMP 7,008.51 +128.17 SEOUL COMP 2,063.22 +32.12 SHENZHEN B 947.99 +10.16 MUMBAI IND 26,103.20 +774.06 DOW 16,662.91 +108.98 NASDAQ 4,464.93 +94.03 S&P
      57 words
    • 19 1 SINGAPORE 5.35 MALAYSIA 6.55 TAIWAN 5.00 JAPAN 14.866 TAIWAN 5.036 JAPAN 1.475 KOREA INDIA BRITAIN Source: Bloomberg
      19 words
    • 49 1 US$ S$ US$ (S$ per US$) 1.244 (US$/S$ per 1.668 2.076 EURO (US$/S$/E) 1.338 1.664 Foreign currency per US$ S$ YEN 102.50 82.40 RM 3.158 2.537 HK$ 7.751 6.228 BAHT 31.87 25.61 RUPIAH 11,675 9,381 RENMINBI 6.150 4.942 INDIAN RUPEE 60.82 48.87 A$ 1.072 0.862 NZ$ 1.178 0.947
      49 words
  • 844 1  -  Aussie company opens sales office; China firm launches Iskandar project By LYNETTE KHOO lynkhoo@sph.com.sg @LynetteKhooBT [SINGAPORE] The tussle for Singaporeans’ property dollar looks set to intensify with the opening of a sales office here by Australian player Walker Corporation and the initial launch
    PHOTO: BLOOMBERG  -  844 words
  • Page 1 Advertisements
    • 96 1 DINING OUT Corner House’s visually exciting cuisine PAGE 21 TOPLINE Boldness grounded in tradition at Gaylin Holdings PAGE 4 BOARDROOM MATTERS D&O Insurance do you need it? PAGE 4 VIEWS FROM THE TOP Jokowi boost for the Indonesian economy? PAGES 10-11 BT WEBSITES For breaking news, go to businesstimes.com.sg. For
      96 words

  • TOP STORIES
    • 627 2  -  Next-generation Science Centre will be jewel in Jurong: PM Lee By KENNETH LIM kenlim@sph.com.sg @KennethLimBT [SINGAPORE] The Jurong Lake gardens and a new Science Centre will be the focal points of a makeover for the Jurong Lakeside district, Prime Minister Lee Hsien Loong
      627 words
    • 507 2  -  By LEE U-WEN leeuwen@sph.com.sg @LeeUwenBT [SINGAPORE] The late Yusof Ishak, Singapore’s first President and a member of the Pioneer Generation, will be honoured in three different ways to mark the country’s 50th anniversary celebrations next year, said Prime Minister Lee Hsien Loong
      PHOTO: PRIME MINISTER'S OFFICE  -  507 words
    • 632 2  -  Panel to assist them to find right jobs, progress in careers By LEE U-WEN leeuwen@sph.com.sg @LeeUwenBT [SINGAPORE] A new tripartite committee, chaired by Deputy Prime Minister Tharman Shanmugaratnam, will be set up to help Institute of Technical Education (ITE) and polytechnic graduates
      PHOTO: PRIME MINISTER’S OFFICE  -  632 words
    • 305 2  -  By KENNETH LIM kenlim@sph.com.sg @KennethLimBT [SINGAPORE] The Ministry of National Development will create a new Municipal Services Office to bridge in-ter-agency boundaries and serve the public, Prime Minister Lee Hsien Loong said yesterday in his National Day Rally speech. “One authority to
      Source: Low Yen Ling  -  305 words
    • 280 2 Major CPF policy shift on the way THE government plans to allow those aged 65 and above to withdraw a portion of their CPF savings. FRONT PAGE More players tussling for property dollar here THE tussle for the property dollar looks set to intensify with the opening of
      280 words
    • 167 2  -  BY KENNETH LIM ken|im@sph.com.sg @KennethLimBT THE December opening of the Ng Teng Fong General Hospital in Jurong East will be delayed by about six months due to construction delays, Prime Minister Lee Hsien Loong said at the National Day Rally yesterday. The Ministry of Health (MOH)
      167 words
    • 926 3  -  This week may be stormy as odds are reset on likely date of Fed rate increase WALL STREET INSIGHT By ROB CURRAN LAST week, shares rebounded somewhat from the August doldrums as a lull on several fronts allowed investors to focus on US growth
      PHOTO: BLOOMBERG  -  926 words
    • 957 3  -  Weiye also hopes to expand into S’pore, says group chairman By LYNETTE KHOO lynkhoo@sph.com.sg @LynetteKhooBT [SINGAPORE] Another Chinese property developer is looking at developing h omes i n M a l a y s i a s Iskandar, unfazed by recent
      957 words
  • Page 2 Advertisements
    • 98 2 ASTANA ALMATY iT Seoul Beijing l\ Bangkok' Kuala Lumpur* Hong Kong Ho Chi Minh Beijing Almaty ■4'- 5 times a week Beijing Astana 2 times a week Kuala Lumpur Almaty 3 times a week Seoul Almaty 3 times a week Bangkok Almaty jj 7 times a week Hong Kong Almaty
      98 words

  • Page 3 Advertisements
    • 210 3 DATE 2 6 A U G GUESTS-OF-HONOUR SHANMUGAM 26AUG MR TEO SER LUCK DATE DISTINGUISHED SPEAKERS 26AUG DR FRANCIS GURRY (DIRECTOR-GENERAL) 26AUG MR HITOSHI ITO (COMMISSIONER) 26AUG MR BRIAN HINMAN 27AUG MR TAN MIN-LIANG C 0 F 0 U N D E rTOTOT 27AUG PROF DR HEINZ GODDAR (PARTNER) ARRIVING
      210 words

  • COMPANY NEWS
    • 1026 4  -  Gaylin Holdings has plans to expand its business but won’t compromise on the strength of its principles, TOPLINE reports MALMINDERJIT SINGH msingh@sph.com.sg @MalminderjitBT IN many aspects, you could call him an industry veteran. After all, with about 35 years of industry experience under his belt, Desmond
      FILE PHOTO  -  1,026 words
    • 687 4  - D&O Insurance Do you need it? POH MUI HOON clears the misconceptions that it is not necessary for directors to be covered POH MUI HOON The author is a member of the Advocacy Research Committee of the Singapore Institute of Directors BEING on the board of directors of a company
      PHOTO: STOCKXCHNG  -  687 words
    • 1691 5  -  Buyback activity from Aug 11-15 falls with 28 repurchases worth S$7.2 million, INSIDE MARKETS reports ROBERT HALILI The writer is managing director, Asia Insider Limited THE buying rose while the selling among directors fell for the second straight week based on filings on the Exchange
      1,691 words
    • 951 5 NYT [LOS ANGELES] Joe Lewis, a television executive at Amazon, lies on his stomach on a rumpled bed. Jill Soloway, the Emmy-nominated writer and director, sits next to him, stroking the back of his head. The two stare at a pair of monitors
      NYT  -  951 words
    • 184 7 COMPANY MEETING PLACE DATE TIME Tianjin Zhong Xin E 1 Fullerton Road #02-01 One Fullerton 18-Aug 1.30pm Ezra Hldgs E Klapsons The Boutique Htl eighteen 1 2 Level 18 15 Hoe Chiang Road Tower Fifteen 19-Aug 10.00am Vibrant Group A 51 Penjuru Road #04-00 Freight Links Express Logisticentre
      184 words
    • 289 7 Aug 15 BANKS Agricultural Bank Of China 5.50 Agricultural Bank Of China Bangkok Bank Public Co. Ltd 6.00 Bank of China Limited 5.50 Bank of Communications Bangkok Bank Public Co. Ltd Bank of East Asia Bank of China Limited ...5.50 Bank of Communications Bank of Tokyo-Mitsubishi Banque
      289 words
    • 1838 7 Payment Ex Rec Pay Ann (cts) date date date date AIMS Property Sec Fund ag 0.017 26-Jun 30-Jun 19-Sep 23-Jun AIMSAMP Cap Reit (1 Apr-30 Jun 2014) ct 2.550 05-Aug 07-Aug 23-Sep 30-Jul ARA Asset Mgt aw 2.300 08-Aug 12-Aug 22-Aug 05-Aug Ascott Residence Trust (1 Jan to
      1,838 words
    • 236 7 AFP [TOKYO] Japanese mobile carrier SoftBank’s failed bid for T-Mobile marked a rare defeat for its brash billionaire founder, but few analysts expect it to sideline a man intent on building “the world’s numberone company”. After years of scooping up companies big and small,
      AFP  -  236 words


  • SINGAPORE MARKETS
    • 595 6  -  STOCKS R SIVANITHY sivan@sph.com.sg @RSivanithyBT Senior Correspondent IN a letter to BT published last Wednesday, a reader described the local stock market in its current form as “nothing but a bourse for penny stock gambling which reflects poorly on Singapore’s position as a
      595 words
    • 694 6 CURRENCIES Bloomberg [NEW YORK] The US dollar dropped against a basket of major peers for the first time in a month, as concern that the US economy is struggling to gain momentum boosted bets that the Federal Reserve will keep interest
      Bloomberg  -  694 words
    • 705 6 COMMODITIES AFP [LONDON] Oil and gold prices retreated last week, with demand for the commodities pressured by strains in the global economy. Oil: Prices slid on a slew of downbeat economic data from around the world, analysts said. Futures tumbled by more
      AFP  -  705 words
    • 1608 6 Consensus No. of Forecast Mean Fri’s recommendation esti-EPS PE target price Company name This wk Last mth mates (cents) (ratio) price AIMS AMP Capital Ind REIT 2.00 2.00 3 10.09 14.43 1.55 1.46 Amtek Engineering Ltd 3.00 3.00 2 0.05 10.11 0.56 0.62 ARA Asset Management 2.00 2.40
      1,608 words
    • 4 6 WEEKLY
      4 words
    • 77 6 Aug 15 VALUE CLOSE BT OB/OS -477.00 +266.00 BT CADI -*****.00 +68.00 BT 10-day MA -*****.00 -47.00 FTSE ST Mid Cap 769.44 +0.87 FTSE ST Small Cap 553.71 +0.91 FTSE ST All Share 805.43 +3.96 FTSE ST China Top 198.89 +1.20 FTSE ST China 229.65 +2.64 FTSE
      77 words
    • 63 6 VOLUME APAC Strategic 412,102,000 Mirach Energy 341,078,000 IHC 285,431,000 Golden Agri-Res 224,960,000 Artivision Tech 218,276,000 Memstar Tech 212,795,000 Sing eDev W*****0 184,009,000 OLS R 175,698,000 Polaris 172,876,000 SIIC Environment 167,228,000 VALUE($) DBS Grp 298,284,392 SingTel 211,335,623 UOB 166,566,931 OCBC Bank 162,155,395 CapitaLand 133,494,060 Keppel Corp 123,600,164 Golden
      63 words
    • 120 6 BY CENTS CLOSE UP IS DJ US Tech *****154.8 10.5 DBXT Nifty 10US$ ***** 668.2 4.3 Lyxor ThaiSET 10US$ ***** 653.3 3.9 SPDR DJIA 10US$ ***** 533.9 2.6 SPDRS S&P 500 10US$ ***** 494.0 2.1 DBXT iBoxxKR 5US$ ***** 372.1 1.9 Lyxor Indonesia10US$ 9490 321.1 2.8 DBXT MSKorea 10US$
      120 words
    • 127 6 BY CENTS CLOSE DOWN DBXT S&P Short 10US$ 2386 -87.1 -2.9 DBXT DBLCI-OY 5US$ 3297 -78.4 -1.9 DBXT DBCBDJUBS 10US$ 2832 -61.0 -1.7 DBXT DBCBLEB 10US$ 1776 -48.5 -2.1 DBXT EONIA 5US$ ***** -41.1 -0.2 DBXT AUD Bonds 5AU$ ***** -39.5 -0.2 GLD 10US$ ***** -38.6 -0.2 Envictus 14.3
      127 words
    • 5 6 WEEKLY
      5 words

  • Page 7 Advertisements
    • 328 7 KB KNOW HOW YOU CAN EXIT WITH 100% CERTAINTY GLOBAL HOLDINGS Profit with 100% Certainty S" is^B 1 s v is-'-* 1 r R- -K IW> 'S'I*' f ■S' r r%* »xm irl,J ■=qe lf tj «»i i* 3 1 ■=-TB Rj T1 ■«B 5 4 H T1 W4» H
      328 words

  • SINGAPORE NEWS
    • Article, Illustration
      303 8  -  By KELLY TAY kellytay@sph.com.sg @KellyTayBT Chefs create race car TALK about shelling out for charity. Using recycled shells of scallops, clams, mussels and oysters, chefs from Royal Plaza on Scotts have created a life-sized race car to raise funds for charity. Patrick Fiat, general manager of Royal Plaza
      303 words
    • 570 8  -  Compact new device makes multiple device charging easy while on the move INNOVATION By AMANDA EBER aeber@sph.com.sg IT is a common enough scenario faced by travellers everywhere: you stumble into your hotel room after a day out with the battery life of your electronic
      PHOTO: YEN MENG JIIN  -  570 words
    • 1071 8  -  Event organiser has boldly mapped out its path to a S$500 million empire eventually. AMANDA EBER reports EBERreports eventually.AMANDA EBERreports IMAGINE running down a racetrack at night with electronic music beats thumping all around you and being splashed by volunteers with special water that
      PHOTO: YEN MENG JIIN  -  1,071 words
  • Page 8 Advertisements
    • 612 8 SAKAE HOLDINGS LTD. (Company Registration No. *****4816E) (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING All capitalised terms in this Notice shall have the meanings as ascribed to them in the Circular dated 18 August 2014 to Shareholders, unless otherwise defined herein. NOTICE IS HEREBY GIVEN that
      612 words
    • 167 8 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF SG MOTOR LOANS PTE. LTD. (IN MEMBERS’ VOLUNTARY LIQUIDATION) CO.REG. NO. *****4203R NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that, pursuant to Section 308 of the Companies Act, Chapter 50, the Final Meeting of the
      167 words
    • 85 8 This profile is the ninth of a series of features on the 16 finalists of the Emerging Enterprise Award 2014. Jointly presented by The Business Times and OCBC Bank, the Emerging Enterprise Award 2014 recognises promising enterprises and startups which are up to 10 years old and have an annual
      85 words

  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • 1851 9  - Singapore shipping the ports, products and plays HOWIEexplains the links between shipping, coal and iron ore derivatives on SGX GEOFF HOWIE The writer is SGX’s market strategist AT ANY one time there are about a thousand vessels in the Singapore Port. Statistics show that every two to three minutes, a
      PHOTO: BLOOMBERG  -  1,851 words
    • 671 9  -  By GEOFF HOWIE The writer is SGX’s market strategist UNDER the Industry Classification Benchmark (ICB), there are three stock sectors related to the freight and bulk commodities business. They are the oil equipment and services, commercial vehicles and trucks, and marine transportation sectors. Of the
      671 words
  • Page 9 Advertisements
    • 113 9 Get started now Be a young investor DO you aspire to be a successful young investor? Are you keen on taking the first step towards achieving that? The BT-Citibank Young Investors’ Forum is no typical page extracted from a financial textbook. This forum will present step-by-step guides on how to
      113 words

  • VIEWS FROM THE TOP
    • 3633 10 THIS WEEK’S TOPIC How do you see Indonesia’s economic prospects under the new Jokowi administration? What opportunities for Singapore businesses would there be? Yeoh Oon Jin Executive Chairman PwC Singapore JOKOWI is seen by many as a business-friendly leader who will take a pragmatic approach
      PHOTO: AFP  -  3,633 words

  • Page 11 Advertisements
    • 170 11 View to Offer FREEHOLD, D10, LANDED. (SPECIAL) Why is this a RARE property not any usual plot? •A genuine GOLDEN goose... for the right buyer. Really. Make PROFIT at entry. call Clare Lee 9239 2352 to explore without obligation CEA Reg: R*****8D O DTZ Property Network Pte Ltd CEA Licence
      170 words
    • 172 11 Discover how to profit from the right stocks, make consistent passive income and enjoy the financial freedom you deserve. 1 Over 8 content-packed hours, you will discover: How to make your money work smarter and harder without looking at charts and news, and without the need to trade Learn the
      172 words
    • 46 11 The full list of views from CEOs is available at http://businesstimes.com.sg STEAL RONALDO’S WORKOUTINTHE SEPTEMBERISSUEOF MEN’SHEALTHNOW! Check out our Road Warrior Special for tips and tricks on how to get the ladies revving for you, as well as secrets to car tuning you never knew! MENSHEALTH.COM.SG
      46 words

  • MALAYSIA/INDONESIA
    • 1191 12 Most states record drops in transactions for the different sub-segments [KUALA LUMPUR] The National Property Information Centre (Napic), in its first-quarter numbers for this year, has confirmed reports that the market is consolidating with transactions slowing down, The Star has reported. Although the findings
      PHOTO: BLOOMBERG  -  1,191 words
    • 486 12 AFP [KUALA LUMPUR] Malaysia’s resurgent opposition coalition appeared to have averted a rift as its Islamic partner threw its support behind the other member parties yesterday after weeks of wrangling. Unprecedented electoral gains have enabled the three-party opposition to present a united
      AFP  -  486 words
    • 1349 12 VOL Aug 15 RM +/-(‘000) VOL Advance Synerg 0.23 -0.01 2564 Adventa Bhd 1.06 -0.02 43 Ae Multi Hldgs 0.23 0.01 793 Affin Holdings 3.43 0.01 465 Ahmad Zaki Res Abric Bhd Airasia Bhd 2.37 0.01 2215 Alliance Finan 5.00 0.04 1883 Aluminium Co 1.06 0.09 1828 Amalgamated
      1,349 words
    • 614 12 AFP [JAKARTA] Indonesia’s small ethnic Chinese community has faced severe discrimination for decades during the Suharto dictatorship. But the minority is now poised for a new milestone, with Jakarta soon to get its first ethnic Chinese governor. After Muslim-majority Indonesia threw off authoritarian
      AFP  -  614 words

  • CHINA/INDIA
    • 812 13 Accounting issues at Alibaba Pictures may complicate IPO NYT [HONG KONG] The Alibaba Group, the Chinese e-com-merce giant, has been on a buying spree since the start of last year, spending billions of dollars to acquire stakes in businesses such as department stores and
      NYT  -  812 words
    • 447 13 Negotiation process ‘has not hit a dead end’, adds minister AFP [NEW DELHI] India will keep a pledge to ratify a tril-lion-dollar global pact on easing trade restrictions, a minister said, adding negotiations with fellow World Trade Organisation (WTO) members had not
      AFP  -  447 words
    • 875 13 Numerous archaic laws stifle manufacturing and investment, they say AFP [DHARUHERA, India] With steel machines hissing and whirring and staff studiously manning production lines, Sunder Rajan’s factory about two hours south-west of New Delhi is prospering. But Mr Rajan’s plant, one of seven
      AFP; PHOTO: AFP  -  875 words
  • Page 13 Advertisements
    • 118 13 SINGAPORE’S BIGGEST IT. AND CONSUMER ELECTRONICS EXHIBITION comex CONNECTS YOU TO TECHNOLOGY 28-31 AUG 2014 SUNTEC Singapore, Levels 4 6 12pm 9pm FREE ADMISSION PLAtf T L H BA&E s f°g&loox SOMETHING NEW! win over$40,000 WORTH OF CASH PRIZES!' *For every spend or deposit of $100, you get 1 chance
      118 words

  • WORLD
    • 1396 14 Claims for jobless benefits down but long-term unemployed high Bloom berg [WASHINGTON] The US labour market is looking a little surreal these days. Take the number of workers filing claims for unemployment benefits. As a share of the population, it’s the lowest
      Bloomberg; PHOTO: AFP  -  1,396 words
    • 232 14 Reuters [BUENOS AIRES] Argentina’s President Cristina Fernandez took to Facebook to rail against her country’s holdout creditors, calling them greedy and bent on thwarting a solution in order to keep Argentina mired in debt. Ms Fernandez’s post on Saturday on the social network was her government’s
      Reuters  -  232 words
    • 728 15 Already, a row over future currency has raged on for many months AFP [LONDON] Debt, North Sea oil and the pound sterling are just some of the economic issues pitting Edinburgh against London ahead of Scotland’s independence referendum in one
      AFP; PHOTO: BLOOMBERG  -  728 words
    • 569 15 It has announced US$700m rescue of African Bank AFP [JOHANNESBURG] South Africa’s decision to rescue a small lender seen as neither “too big” nor “too interconnected” to fail shows that taxpayers worldwide may have to accept that bank bailouts are here
      AFP  -  569 words
    • 1058 16 Renewable energy law, pension reform sour mood, impact investment: analysts Reuters [BERLIN] The German soccer team’s romp to victory in last month’s World Cup was hailed at home as a symbol of the country’s emergence as a confident global economic power. But in
      Reuters  -  1,058 words
    • 378 16 AFP [BERLIN] Germany must increase workers’ salaries to help its neighbours out of the economic slump, the European Union’s (EU) employment commissioner Laszlo Andor said. The Hungarian said on Saturday that Berlin’s big foreign trade surplus was hurting its European partners, and
      AFP; PHOTO: REUTERS  -  378 words
    • 545 17 SFO to decide whether to charge former execs over undisclosed payments to Qatari firm in 2008 Reuters [LONDON] Britain’s fraud prosecutor could decide as soon as next month whether to charge former Barclays executives over undisclosed payments the bank made to Qatari investors in
      Reuters  -  545 words
    • 564 17 Opportunity for food producers as Russia bans US, EU food AFP [SAO PAULO] Russia’s embargo on US and EU food products has opened a window of opportunity for Latin America, which could capitalise on the Ukraine crisis to become a major food supplier
      AFP  -  564 words
    • 646 17 Fall in business after US and EU sanctions over Ukraine crisis RUSSIA-UKRAINE SAGA IFR [LONDON] Russia’s largest lenders have been forced to put their international debt capital markets (DCM) businesses on hold in the face of sanctions from the West, with some bankers
      IFR; PHOTO: REUTERS  -  646 words
    • 714 17 WP [ZURICH] At Intercheese’s headquarters in Switzerland, the phone barely stops ringing these days. A Russian voice is usually at the other end. Since Aug 7, when Vladimir Putin’s government banned many food imports from nations supporting sanctions due to the
      WP  -  714 words
    • 954 18 CDC issues first extensive guidelines over treatment of patients NYT [NEW YORK] Hospitals nationwide are hustling to prepare for the first traveller from West Africa who arrives in the emergency room with symptoms of infection with the Ebola virus. Dr Tom Frieden,
      NYT; PHOTO: AFP  -  954 words
    • 725 18 Insurer has employed no officially registered lobbyists in US capital since 2009 Reuters [WASHINGTON] Insurer American International Group (AIG) is ramping up its lobbying team in Washington, almost six years after it halted such efforts following its rescue by the US government during
      Reuters  -  725 words
    • 776 19 They will struggle to meet expectations for growth without parent firms’ support AFP [WASHINGTON] Following an unprecedented series of spin-offs by major US media companies, the print news industry now faces a rocky future without financial support from deep-pocketed parent firms. The wave of
      AFP  -  776 words
    • 873 19 Grittier side of Paris falls short of their romanticised ideal Bloomb erg [PARIS] An epidemic is gripping Chinese tourists visiting the French capital: the Paris syndrome. Like their Japanese counterparts, first-time visitors from China fed on media reports and movies such as An American
      Bloomberg; PHOTO: AFP  -  873 words
  • Page 14 Advertisements
    • 96 14 lr £7® SUNDAY TIMES (UK) CELEBRATION OF THE SINGAPO 50™ BIRTHDAY AC MUSIC ENTERTAINMENT PRESENTS W IITiTBE E J S m A t J} A MUSIC BEATLES Commissioned Launched Across London’s West End Broadway to mark The Band’s 50 th Anniversary A in A ■> T rt a 1 st
      96 words

  • Page 15 Advertisements
    • 229 15 ALAM JAVA BUSINESS PARK STRATEGICALLY LOCATED IN ISKANDAR REGION, TAILOR MADE FOR SINGAPOREAN MANUFACTURERS W 15 MINUTES TO TUAS CIQ JOHOR BAHRU CITY CENTRE SETIA ECO GARDEN SiLC Si A V ip AJJRACWE PROMOTION R4CK>4GE 7% Rental Guarantee For 2 Years FREE Legal Fees For SPA Price: From RM 2,824,000
      229 words

  • Page 16 Advertisements
    • 143 16 HANDICAP 0 to 5.4 BEONE OF FIVE STARS TO REPRESENT SINGAPORE IN AN ALL-EXPENSES PAID WORLD TOURNAMENT IN SOUTH AFRICA 5.5 to 10.4 10.5 to 15.4 QUALIFIERS 23 and 29 September (pick one or join both) Sentosa Golf Club, Tanjong Course TOP 80 QUALIFY FOR FINAL FINAL 7 October Sentosa
      143 words

  • Page 17 Advertisements
    • 213 17 SUNTEC SINGAPORE INTERNATIONAL CONVENTION EXHIBITION CENTRE 3RD FLOOR EXHIBITION HALL FREE ADMISSION! For enquiries, 2014 19 21 B 19 21 AUGUST 2014 please contact us at 6:30 10:00AM TO 6:30PM +65 6337 8381 or david@sccci.org.sg SINGAPORE CHINA (NINGBO& QINGDAO) IMPORT AND EXPORT FAIR +11 T®s ffS iamPi§ii5Sx^£ Singapore China (Ningbo
      213 words

  • Page 18 Advertisements
    • 371 18 STPROPERTY Seminar Showcase 2014 Singapore Malaysia 6BaS g|f|s SBS3S ES ms RS5 5.* SisK133 jEtsS lllli f|s=. ..•III •l-- 1 r fc8S= :££Se| 'fin: Raffles City Convention Centre, Stamford Ballroom Level 4 Sunday, 31 August 2014 8.30am 5.00pm STPROPERTY INVEST REBATE RM8.888 to first 8 property purchasers Terms Conditions apply
      371 words

  • Page 19 Advertisements
    • 1044 19 YING LI INTERNATIONAL REAL ESTATE LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****6356W) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of Ying Li International Real Estate Limited (the “Company”) will be held on 2 September 2014, at 9:30 a.m. at
      1,044 words

  • AVIATION/SHIPPING
    • 628 20 This is crucial for many banks in eurozone’s powerhouse Germany Reuters [FRANKFURT] The European Central Bank (ECB) is taking a hard line on the controversial issue of how shipping loans should be valued in a wide-rang-ing review into the health of the eurozone’s
      Reuters  -  628 words
    • 466 20 Re uters [BANGKOK] Troubled national airline Thai Airways International expects to return to profit earlier than expected in the fourth quarter, it said, aiming to cut 1,500 jobs this year under its newly approved restructuring plan. The airline also said that it
      Reuters; PHOTO: REUTERS  -  466 words
    • 327 20 Bloomberg [WASHINGTON] The trend in sharing services that was popularised by Uber Technologies Inc and Airbnb Inc will take longer to gain a foothold in the world of aviation, if at all. The US Federal Aviation Administration (FAA) has reviewed its rules and determined
      Bloomberg  -  327 words
    • 407 20 It aims to supply more than 300 planes by end-2016 Reuters [BEIJING] ICBC Financial Leasing Co, China’s biggest domestic aircraft lessor, aims to deliver more than 300 planes to customers by the end of 2016, nearly double current levels, a senior
      Reuters  -  407 words
    • 537 20 But no one hurt in accident near O’Hare Airport hangar Bloom berg [WASHINGTON] A United Airlines jumbo jet’s hull was punctured in a Chicago airport collision with another plane last month, four people familiar with the matter said, grounding the Boeing
      Bloomberg  -  537 words
    • 249 20 SGX '000 Aug 15 S$ +/-Vol Ch Offshore 0.49 0.01 198 Chuan Hup Hldg 0.30 unch 781 Cosco Corp 0.72 unch 937 Cwt Limited Ezra Hldgs 1.09 unch 967 First Ship Lea Grand Banks 0.27 -0.01 15 Jaya Hold Ltd 0.06 unch 9427 K1Ventures 0.20 -0.01 8251 Keppel
      249 words
  • Page 20 Miscellaneous
    • 317 20 CRYPTIC CROSSWORD Across 1 A life of one’s own (13) 10 Big egg-producer from nothing, on the way to get wealthy (7) 11 Stand before the speaker (7) 12 Horses and badgers (4) 13 Start playing snooker, getting a series of points (5) 14 Going to drop one clanger (4)
      317 words

  • DINING
    • 1048 21  -  At Corner House, what you get is a carefully scripted, by-the-book fine dining experience, saysJAIME EE JAIME EE NEW RESTAURANT Corner House 1 Cluny Road, Nassim Gate Singapore Botanic Gardens EJH Corner House Tel: 6469-1000 Open for lunch and dinner Tues to Sat: 12pm to 3pm; 6.30pm
      1,048 words
  • Page 21 Advertisements
    • 147 21 CELEBRATE MID-AUTUMN WITH GOLDEN PEONY Celebrate Mid-Autumn Festival with Conrad Centennial Singapore's exquisite rmooncake creations. Introducing new delectable flavours in our mini snow skin collection, Randan with White Chocolate, Kopi Latte, Pomelo with Melon Seeds and Water Chestnut with Corn Atapchi. Presented in a classic gold box with an enchanting
      147 words
    • 263 21 DON’T MISS OUR FIRST-EVER SIMPLYHER-SINGHEALTH WOMEN’S HEALTH CONFERENCE ’14 August 30, 2014 (Saturday) 9am-6pm Suntec Singapore Convention Exhibition Centre, Rooms 300-302 Findout thecommon conditionsthat affectwomen today,and learnhowto takepreventive measures soyoucan leadalonger,healthierlife. TOPICS SPEAKERS Morning Session 9am-1pm 1Look Your Best in Your 30s-40s: Keep the Weight Off! Dr Tham Kwang Wei
      263 words

  • SINGAPORE STOCKS
    • 4596 22 Week ended: Aug 15 52-wks Last Vol Week Last Quote Div GrYld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Company Last Sale 97.5 69 ABR 20 5.1 A-Sonic Aero ('000) Week Last Quote High Low Buyer Seller 13.7 6.7 AIMS
      4,596 words
    • 539 23 52-wks Last Vol Week Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Last Vol Week Last Quote Div Gr Yld 43.5 28 t Alliance Mineral...............................31 +0.5 ***** 32.5 29.5 31 31.5 122.1 M Cap High Low
      539 words
    • 125 23 Stock name Close Change Ascendas Reit 2.340 +0.010 CapitaLand 3.330 +0.040 CapitaMall Trust 1.970 CityDev 10.00 +0.220 ComfortDelGro 2.520 -0.020 DBS Grp 17.70 -0.020 Genting Sing 1.260 -0.015 Global Logistic 2.780 +0.020 Golden Agri-Res 0.535 +0.005 HPH Trust USD 0.705 +0.010 Stock name Close Change HongkongLand
      125 words
    • 1907 23 Transaction date: Aug 15 HONG KONG Vol HK$ +/-'000 Aeon Stores '000 Angang Steel 645 Anhui Conch 514 Anhuiexpresswa 4.61 0.07 661 Asia Satellite 27.40 0.05 17 Asm Pacific 81.55 -0.50 308 Angang Steel Baiyunshan Ph 27.30 0.75 3997 Bank Of China 3.69 unch *****2 Bank Of E
      1,907 words
    • 251 23 52-Wk Last Vol Week Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 62 45 AVJennings A50 -4 1 50 50 51 57 3.6 7 4.1 185.1 Last 343 250 TanChongInt HK327 +9 642 327 317 325 327 9.7 3.2
      251 words
    • 186 23 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 8 4 3 0 0 0 8 4 3 Manufacturing 82 64 30 13 19 10 95 83 40 Commerce 39 23 13 10 5 3 49 28 16 Tpt/Stor/Comms 29 11 6
      186 words
    • 1165 23 52-Wk Last Vol Week Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 118 108.3 ABF SG Bond ETF Last 136.4 119 CIMB APAC Div 100S$D 135.9 +2.8 136.4 134 134.7 137.4 109.3 94 CIMB APAC Div 100US$ US109.3
      1,165 words
    • 122 23 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 79,567 79,567 231,799 231,799 Manufacturing 1,420,912 561,259 1,982,171 632,237 42,823 675,060 Commerce 331,972 222,655 554,627 286,334 16,661 302,995 Tpt/Stor/Comms 524,357 44,034 568,391 623,924 6,270 630,194 Finance 104,869 1,567 106,436 690,435 358 690,793 Construction 158,600 247,524
      122 words

  • Page 23 Advertisements
    • 26 23 Insiders' trades. Brokers' recommendations. Dividend table. The pages also cover transactions by directors and substantial shareholders. In other words, news you can use. THE BUSINESS TIMES
      26 words

  • FINANCE & COMMODITIES
    • 658 24 Aug 15 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.15 *****.34 *****.99 Sep14 *****.00 *****.00 *****.00 *****.00 ***** *****0 Dec14 *****.00 *****.00 *****.00 *****.00 113 ***** MSCI TAIWAN INDEX FUTURES SPOT 336.45 336.45 333.66 Aug14 334.60 335.20 332.40 333.70 ***** *****7 Sep14 334.20
      658 words
    • 373 24 In local curr In S$ In US$ dy yr dy yr dy yr Aug 15 Index Change Change Change Change Change Change World Preliminary 1223.2 -0.2 3.3 -0.2 1.7 -0.2 3.1 EAFE Preliminary 951.2 -0.2 -0.5 -0.2 -2.1 -0.2 -0.8 Europe Preliminary 1345.7 -0.4 -0.7
      373 words
    • 471 24 Aug 15 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.016 5.735 0.697 7.229 56.724 108.882 0.956 9.524 2.945 1.099 93.092 40.733 1.161 9.837 0.845 27.973 29.719 0.559 0.933 Canada 0.984 5.644
      471 words
    • 37 24 Aug 15 (S$) 1 mth 0.***** 2 mths 3 mths 0.***** 6 mths 0.***** 9 mths 12 mths 0.***** SWAP Offer rates (S$) 1 mth 1 mth 3 mths 6 mths 6 mths Source: Thomson Reuters
      37 words
    • 82 24 Aug 15 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 1-Year BY*****S 02-May-15 0.34 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0W 1.125 01-Apr-16 101.08 5-Year NX*****W 2.5 01-Jun-19 105.76 105.80 105.80 10-Year NY*****H 3.000 01-Sep-24 105.81 105.85
      82 words
    • 120 24 Aug 15 GOLD(US$/oz) Aug 15 Aug 14 Hong Kong 1316.00 1318.00 Aug 15 Aug 14 London 1304.74 1312.30 1305.46 1313.05 Source: Thomson Reuters CAST BAR Aug 15 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 79 50 5gm 314 260 10gm 586 523
      120 words
    • 53 24 Aug 15 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Aug 14 2166.0 840 Sep 14 2144.0 2150.0 2157.0 2099.0 1740 ***** Oct 14 2118.0 2133.0 2140.0 2085.0 ***** ***** Nov 14 2117.0 2134.0 2139.0 2085.0 9193 *****
      53 words
    • 155 24 Aug 15 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1605 1.1607 0.9326 0.9327 Canadian dollar 1.1418 1.1425 0.9180 0.9175 Euro 1.6643 1.6646 1.3374 1.3376 NZ dollar 1.0559 1.0567 0.8485 0.8491 Sterling pound 2.0758 2.0764 1.6681 1.6685
      155 words
    • 109 24 Aug 15 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Sep 14 1102.50 1098.25 1113.50 1090.75 Nov 14 1052.00 1056.00 1069.00 1047.25 Jan 15 1061.00 1064.75 1077.00 1056.25 Mar 15 1069.00 1072.75 1084.50 1064.25 SOYBEAN OIL (60,000 lbs; US cent/lb) Close Previous High/Low Sep 14
      109 words
    • 95 24 Aug 15 COCOA (£/tonne) Close Prev High Low Sep 14 2075 2072 2081 2068 Dec 14 2040 2030 2043 2025 Mar 15 2003 1994 2006 1992 May 15 1985 1976 1987 1974 COFFEE(US$/tonne) Close Prev High Low Sep 14 1951 1945 1954 1923 Nov 14 1962 1956 1966 1935
      95 words
    • 989 24 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 5 0.3 1 -53 3.45 47 Asia-Pacific Strategic W*****6 3.5 -0.4 ***** 1 2 57 Acma Ltd W*****7 Exer Price Ascendas REIT MB eCW*****3 Disc Asiatic Grp(Hldgs) Ltd
      989 words
    • 70 24 CRUDE OIL PRODUCTS Aug 14 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 102.56 -1.16 WTI (Near Mth) 95.54 -1.88 Dubai (1-Mth F) 102.79 1.13 Tapis blend 106.14 1.53 Minas 101.84 1.53 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 98.00 0.17 Jet Kerosene 118.05 2.00 US$/barrel OpecOil Basket
      70 words
    • 23 24 Aug 15 S$ S$ Bid Offer 1-month 1.2444 1.2445 2-months 1.2444 1.2445 3-months 1.2443 1.2445 6-months 1.2442 1.2443 Source: OCBC
      23 words
    • 66 24 Aug-15 Aug-15 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1993.85 1986.50 3 months 2000.00 1997.00 Copper, Grade A(US$/tonne) Cash 6891.00 6839.00 3 months 6870.00 6825.00 Lead(US$/tonne) Cash 2202.75 2187.50 3 months 2215.00 2200.50 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00 3 months
      66 words
    • 121 24 As at 9am Aug 15 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.187 1.131 Can dollar 1.163 1.119 Euro 1.704 1.623 Sterling pound 2.118 2.037 NZ dollar 1.081 1.040 US dollar 1.271 1.211 Local dollars to 100 units of foreign
      121 words
    • 154 24 Aug 15 $S Offer Bid 0vernight 0.03 0.01 1-month 0.2800 0.2000 2-months 0.3750 0.2500 3-months 0.4375 0.3125 Overnight mode: 0.17 US$ Offer Bid 7 days 0.18 0.08 1 month 0.25 0.15 2 months 0.30 0.20 3 months 0.40 0.20 6 months 0.50 0.30 9 months 0.60 0.40 12
      154 words

  • 2136 25 Papua New Guinea Australia New Zealand New Caledonia Fiji all other Pacific Islands Dili (East Timor) Guam (Mariana Islands) Honolulu (Hawaii) SOUTH PACIFIC SERVICE W W W. N G P L J S P. C O M THE CHINA NAVIGATION CO. PTE. LTD. 300 BEACH ROAD #02-02 THE
    2,136 words
  • Page 25 Advertisements
    • 54 25 USE THIS SPACE TO SELL CALL JOE WONG AT 9620 1327 TO ADVERTISE The Business Times Shipping times PLACE YOUR AD HERE THE BUSINESS TIMES Shipping times CALL JOE WONG AT 9620 1327 FREIGHT FORWARDER urgently needed by shippers Can they find your services here in the Shipping Times? The
      54 words

  • Page 26 Advertisements
    • 157 26 Shipping lines seeking reliable Can they find your services here in the Shipping Times? The Business Times TO ADVERTISE, CALL JOE WONG AT *****327 Announce Your Corporate Development T < Come publicise your Project Completion, Ship Christenings Delivery of Newbuilds, Vessel Conversion Refurbishment, Award Wins Certifications, Corporate Image, Corporate Developments
      157 words

  • Page 27 Advertisements
    • 180 27 B SOCIAL MEDIA SELLING BOOTCAMP Social selling for SMEs to acquire leads, stand out in the market and generate more sales. r? Vi $1 1 N 18-19 September 2014 X 9am 5pm The Amara Hotel 165 Tanjong Pagar Road, Singapore *****9 •is SUM •isms HiJP WHY YOU SHOULD ATTEND; Reach
      180 words

  • BizIT THE BUSINESS OF INFOCOMM TECHNOLOGY
    • 796 28  -  Parent company Belkin sees it as powerful value-add to its range of products, writesAMIT AMIT ROY CHOUDHURY amit@sph.com.sg @AmitRoyCBT [SINGAPORE] WITH a new owner, Linksys, one of the pioneers in indoor wireless connectivity, has re-entered the SMB (small and medium-sized business) market
      796 words
    • 896 28  -  By VICTORIA HO [SINGAPORE] With a fresh US$60 million fund injection, food delivery site Foodpanda continues its march towards global domination. The company, which is owned by German super incubator Rocket Internet, has just announced the latest investment round, which brings its total
      896 words
  • Page 28 Advertisements
    • 156 28 Fujitsu recommends Windows 8 Pro. FUJITSU The Best Workstation for every Application Fujitsu CELSIUS Highlights H CELSIUS Value Propositions Comprehensive portfolio From mobile up to dual processor high-end workstation Engineered in Germany Own system engineering, main board development and production Testing in our own accredited Centre of Test Compliance State-of-the-art
      156 words
    • 181 28 CONTENTS Spot short-term potential equities based on daily stock rotation Fundamental interpretation on stock trading Technical application to spot new price extension Calculated risk management versus time-window exit Recording of personal trade journal LEARNING OUTCOME: Trainees may start trading in real market at very low risk immediately after the 1-day
      181 words