The Business Times, 10 October 2014

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Microfilm: NL33268
Total Pages: 38
1 38 The Business Times
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  • Title Section
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    28 1 THE BUSINESS TIMES SS1.00 S|jh A SINGAPORE PRESS HOLDINGS PUBLICATION www.businesstimes.com.sg G OoBlBreakingnews CO REGN NO *****2868E MCI (P) 051/08/2014 ICA (P) Wednesday, October 8, 2014 Friday, 10
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  • Article
    Lock icon MARKETS
    26 1 Thursday Change STI 3,259.25 +32.54 KL COMP 1,829.73 +5.41 NIKKEI 225 15,478.93 -117.05 HANG SENG 23,534.53 +271.20 SHENZHEN B 978.37 +2.16 DOW(noon EDT) 16,775.36 -218.86
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  • Article, Illustration
    Lock icon DAILY DIGEST
    219 1 Singapore lenders may not be under siege in the online banking sector right now but a look at innovations across the world show that they must still be prepared. TOP STORIES 4 With a letter of support from the Papua New Guinea prime minister in hand, Malaysia’s Sime
    219 words
  • Article
    Lock icon MAS moves to strengthen Singapore’s Reit sector
    1130 1  -  Consultation paper seeks to improve corporate governance and align fees with unitholders’ interests, among others By Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore THE Monetary Authority of Singapore on Thursday issued a consultation paper to strengthen Singapore’s real estate investment trust (Reit) market. Market watchers
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      158 1 *****4 MEGA BANK MERGER CIMB, RHB Capital and MBSB in RM72b deal to form financial powerhouse LUXE TRAVEL 2014 Cruises, gourmet boutiques, eco-resorts A BT SUPPLEMENT 19-22 TOP STORIES 2 ONLINE ONLY Read Boardroom Matters, a series of articles from the Singapore Institute of Directors, on BTInvest every Friday btd.sg/BMatters
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      27 1 THE HEDGE FUND KING Ray Dalio talks to Vikram Khanna about his approach to investing, and his life philosophy OPINION 27 MANPOWER: RESET, CHANGE MINDSET OPINION 26
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  • TOP STORIES
    • Article, Illustration
      Lock icon CIMB-RHB-MBSB to form Asean powerhouse
      899 2  -  RM72b merger will create entity with S$240b in assets and a mega Islamic bank By Anita Gabriel anitag@sph.com.sg @AnitaGabrielBT AFTER 90 days of intensive talks, Malaysia’s CIMB Group, RHB Capital and MBSB on Thursday unveiled a massive RM72.5 billion (S$28.4 billion) deal to merge the
      Source: TA Research  -  899 words
    • Article
      Lock icon Debate over Reit governance not over yet
      850 2  -  TT NEWS ANALYSIS By Lynette Khoo lynkhoo@sph.com.sg @LynetteKhooBT Singapore PROPOSALS by the central bank to strengthen the rules governing Singapore real estate investment trusts (S-Reits) and Reit managers will go some way to mitigate the “agency problem” seen in these Reits. But with
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    • Article
      Lock icon Small-car COE premium rises; big-car demand flat
      449 4  -  By Samuel Ee samuelee@sph.com.sg Analyse historical COE data with The Business Times’ interactive tool at http ://btd .sg/coetrack Singapore DEMAND for small cars strengthened, while that for big cars remained flat, as evidenced by the results of Thursday’s bidding exercise for certificates of
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    • Article
      Lock icon Disruptive forces on horizon for Singapore digital banking
      997 4  -  Republic not immune to disruption from upstarts in mobile payments, mobile point of sales, or social lending BANKING ON CHANGE Reports by Jamie Lee leejamie@sph.com.sg @JamieLeeBT Singapore SINGAPORE lenders may not be under siege in the online banking sector right now but
      997 words
    • Article
      Lock icon It’s a cloudy setting for banks’ data crawl
      455 4 THE next leg of experimentation in the big traditional banks is, intimately, tied to data, but fears over security breaches are stunting progress in this area. Using cloud computing to store and retrieve data is one big area of focus. Although the
      455 words
    • Article, Illustration
      Lock icon S’pore will join fight against climate change, says PM Lee
      480 4  -  By Claire Huang huangjy@sph.com.sg @ClaireHuangBT Singapore SINGAPORE will do its part to meet climate-change obligations, reduce carbon emissions and improve energy efficiency even though these moves might impinge on the growth prospects of its energy and chemicals sector, a key
      PHOTO: AFP  -  480 words
    • Article, Illustration
      Lock icon Sime offers £1.07b for NBPOL with PNG backing
      672 5  -  Offer is viewed as pricey, but group sees rare opportunity to expand geographically, upstream By Pauline Ng btworld@sph.com.sg Kuala Lumpur WITH a letter of support from the Papua New Guinea prime minister in hand, Malaysia’s Sime Darby on Thursday launched a £1.07
      PHOTO: BLOOMBERG  -  672 words
    • Article, Illustration
      Lock icon Opposition steps up pressure to undermine incoming Jokowi govt
      719 5  -  INDONESIA WATCH By Jeffrey Hutton btworld@sph.com.sg Jakarta THE reformist agenda and perhaps even the tenure of Indonesia’s presi-dent-elect Joko Widodo are already in doubt two weeks before he takes office. Last week, the opposition “Red and White” coalition led by presidential
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    • Article
      Lock icon GIC leads US$150m investment in mobile payments startup Square
      463 6  -  By Jacquelyn Cheok jaccheok@sph.com.sg @JacCheokBT Singapore CONTINUING its investing spree for global technology companies, Singapore’s sovereign wealth fund GIC is believed to have led a US$150 million venture-capital round in Square, a San Francisco-based mobile payments startup founded by Twitter co-founder
      463 words
    • Article
      Lock icon One dead, a dozen hurt in grenade blast in Kuala Lumpur
      350 6 AFP Kuala Lumpur A MAN was killed and a dozen other people wounded in Kuala Lumpur early on Thursday when a hand grenade exploded in a tourist section of Malaysia’s capital city, in an incident police suspect to be
      AFP  -  350 words
    • Article, Illustration
      Lock icon Turnaround in US fuels rate hike debates
      907 6  -  Even as the doves and hawks argue, the economy is likely to hum on in run-up to the Xmas shopping season US ECONOMY By Rob Curran BY SOME measures, the US has never had it so good. Several recent statistics indicate that, at
      PHOTO: BLOOMBERG  -  907 words
    • Article, Illustration
      Lock icon HK pushes back crisis talks with protesters
      602 6 AFP BLOOMBERG Hong Kong THE Hong Kong government suspended formal talks with pro-democracy protesters scheduled for Friday after leaders of the movement called for more demonstrations. The occupation of the city’s streets is illegal and the call by protest leaders on Thursday for
      AFP; BLOOMBERG; PHOTO: REUTERS  -  602 words
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      191 words
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      2563 4 SILVERLAKE AXIS LTD (incorporated in Bermuda with limited liability) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Annual General Meeting of SILVERLAKE AXIS LTD will be held at The Fullerton Hotel Singapore, 1 Fullerton Square, Singapore *****8 on 27 October 2014, Monday at 11.00 am for the
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      141 5 BuildTech Asia 2014 s International Building Technology Expo A part of *J) SINGAPORE CONSTRUCTION PRODUCTIVITY WEEK 2014 mm if 11 I/ VJ n U 14 -16 October 2014 Singapore EXPO Halls 3 4 MAX Atria Key Activities at a Glance i ll J min Hi Y -j.~ fc'-TVf'v -t. 8*3
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      152 6 Crowdfunding Seminar BUILD YOUR lIKIJ EVERY 3 MONTHS Potentially achieve up to 24% per annum profits together with proven business track record Fund sustainable local businesses/ projects in Singapore Join our crowd funder$ network (CFN) find out how funders leverage on other businesses Date Sun, 12 Oct 2014 Time 2pm
      152 words
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      23 6 The Oaks Cellars Shop Online P It s A ‘Discovery OAKS SINGAPORE www.0aks.cx5m.sg Best Chilean Wine! Almaviva 2009 Usual: s*22(W» Now; S$1 54.00
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      13 6 Call 1800 289 8822 or e-mail notices@sph.com.sg to publicise your IPOs other offerings
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      3901 7 Notice of Annual General Meeting k1 Ventures Limited (Company Registration No.: *****0535W) (Incorporated in the Republic of Singapore) NOTICE IS HEREBY GIVEN THAT the Annual General Meeting of k1 Ventures Limited (the “Company”) will be held at Four Seasons Hotel, Four Seasons Ballroom (Level 2), 190 Orchard Boulevard, Singapore *****6
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon Asean needs deeper financial integration
      638 8  -  Fragmented financial markets limit companies’ regional expansion, says Moody’s report By Siow Li Sen lisen@sph.com.sg @SiowLiSenBT Singapore REGIONAL expansion of Asean companies has been limited to date because of fragmented financial markets, said a Moody's Investors Service report. Deeper financial integration between Asean member states
      Source: Moody’s Investors Service Dealogic  -  638 words
    • Article
      Lock icon Rail and bridge subcontracts worth S$76.6m for Yongnam Holdings
      342 8  -  By Malminderjit Singh msingh@sph.com.sg @MalminderjitBT Singapore YONGNAM Holdings has secured three subcontracts worth a combined S$76.6 million for work relating to the Thomson-East Coast MRT Line and a project in Hong Kong. ing solutions provider won through wholly owned Yongnam Engineering
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    • Article, Illustration
      Lock icon Genting S’pore fights to stay above S$1.10 levels
      348 8  -  TT HOT STOCKS By Andrea Soh sandrea@sph.com.sg @AndreaSohBT Singapore AFTER dipping below S$ 1.10 on Wednesday for the third time in recent weeks following its post-quarter-ly results descent from the S$ 1.2 5 levels, the stock of Genting Singapore perked up on
      Source: Bloomberg  -  348 words
    • Article
      Lock icon Aligning tax and business
      939 10  -  An OECD initiative to crack down on tax avoidance will have a major impact on global companies.BY companies.BY FRANCIS KAN COMPANIES with cross-border operations need to urgently re-examine their tax practices to prepare for radical changes to international tax laws. The Organisation for Economic Co-operation and
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    • Article
      Lock icon A plan of action
      211 10 AS the OECD approach to the BEPS issue is not fully developed, companies should adopt a wait-and-see attitude. However, there are things that can be looked at now, says Simon Clark, Regional Partner, Alternative Investments, KPMG in Singapore. These include: ICountry-by-country reporting It seems inevitable that
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    • Article, Illustration
      Lock icon Analysts upbeat on S’pore banks ahead of results
      520 11  -  HSBC upgrades OCBC to ‘overweight’, citing clearer earnings outlook; Jefferies raises target price for DBS By Kenneth Lim kenlim@sph.com.sg @KennethLimBT ANALYSTS are showing Singapore banks positive interest ahead of their results announcements, lighting the candles and putting on soft music with an
      FILE PHOTO  -  520 words
    • Article, Illustration
      Lock icon STI / Catalist
      63 12 STI Catalist Straits Times Index Oct 9,2014 3,259.25 +32.54 (+1.01%) Current streak 1 day Day high 3,264.06 Day low 3,239.97 52-week high 3,374.06 (July 31, 2014) 52-week low 2,960.09 (Feb 5, 2014) FTSE ST Catalist index Oct 9,2014 843.82 -3.24 (-0.38%) Current streak 1 day Day high 850.25 Day low
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    • Article, Illustration
      Lock icon Fed minutes spur bargain hunting
      632 12  -  But there is a risk that the market may not be listening hard enough to the Fed hawks TT STOCKS By Kenneth Lim kenlim@sph.com.sg @KennethLimBT DOVISH minutes released overnight from the US Federal Reserve’s September meeting gave bargain hunters the signal that they needed to
      Source: Bloomberg  -  632 words
    • Article
      Lock icon STI STOCKS
      305 12 Stock name Close Change Day high/low 52w high 52w low PE Div yield Mcap Ascendas Reit 223 unch 224/222 250 206 6.4 5634.5 CapitaLand 312 +9 312/305 348 268 15.6 2.6 *****.5 CapitaMall Trust 192.5 +1.5 194/191.5 209 180 5.3 6675 CityDev 940 +14 941/929 1118 860 12.8
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    • Article
      Lock icon MOST ACTIVE
      35 12 VOLUME Mirach Energy 69,342,000 APAC Strategic 59,931,000 IHC 51,180,000 Noble 28,042,000 EcoWise 27,608,000 Market volume 1,434,457,000 VALUE SingTel 78,326,210 Keppel Corp 60,260,020 DBS Grp 50,055,410 OCBC Bank 47,393,240 CapitaLand 41,546,360 Market value 1,044,947,000
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    • Article
      Lock icon SGX ETFs
      109 12 Most Active Fund Last sale +/-(‘000) Day high/low 52w high/low Buy/Sell Mcap IS MS India US$ US745 +16 2224 746/725 779/541 745/749 93.1 GLD US$ US***** +90 55 *****/***** *****/***** *****/***** 61.2 Lyxor CRBNonEny US$ US236 +4 49 236/236 261/228 236/239 25.3 Lyxor Asia US$ US498 +5 45
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    • Article
      Lock icon OTHER SINGAPORE INDICES
      77 12 Oct 9 VALUE CLOSE BT OB/OS -473.00 +78.00 BT CADI -*****.00 +34.00 BT 10-day MA -*****.00 -47.00 FTSE ST Mid Cap 754.42 +2.80 FTSE ST Small Cap 526.23 +1.50 FTSE ST All Share 789.79 +6.70 FTSE ST China Top 191.67 +1.74 FTSE ST China 224.41 +2.64 FTSE
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    • Article, Illustration
      Lock icon STI / FTSE ST All-Share
      35 12 STI FTSE ST All-Share FTSE ST All-Share index Oct 9,2014 789.79 +6.70 (+0.86%) Current streak 1 day Day high 790.51 Day low 786.11 52-week high 819.39 (July 31, 2014) 52-week low 722.35 (Feb 5, 2014)
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      Lock icon STI / MSCI EAFE
      33 12 STI MSCI EAFE MSCI EAFE Index Oct 8,2014 1,787.01 -11.84 (-0.66%) Current streak 2 days Day high 1,803.09 Day low 1,783.03 52-week high 1,995.49 (July 3, 2014) 52-week low 1,787.01 (Oct 8, 2014)
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    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 12 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 4 4 6 0 0 0 4 4 6 Manufacturing 45 35 44 7 12 5 52 47 49 Commerce 17 16 19 4 6 4 21 22 23 Tpt/Stor/Comms 17 12 6
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      121 12 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 12,314 12,314 76,062 76,062 Manufacturing 174,456 49,106 223,562 124,245 6,286 130,531 Commerce 82,727 35,943 118,670 81,561 2,934 84,496 Tpt/Stor/Comms 87,788 8,032 95,820 152,364 1,477 153,840 Finance 19,092 61 19,153 150,781 15 150,796 Construction 23,696 19,992
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    • Article
      Lock icon GAINERS
      79 12 BY CENTS CLOSE UP 52w high/low SPDR S&P 500 US$ ***** 466.7 1.9 *****/***** DBXT iBoxxSvEu US$ ***** 355.1 1.0 *****/***** DBXT Nifty US$ ***** 350.0 2.1 *****/9759 SPDR DJIA US$ ***** 339.9 1.6 *****/***** Lyxor ThaiSET US$ ***** 237.2 1.4 *****/***** BY PERCENTAGE CLOSE UP 52w high/low WE
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    • Article
      Lock icon LOSERS
      80 12 BY CENTS CLOSE UP 52w high/low Hyflux 6% CPS ***** -264.0 -2.4 *****/***** DBXT AUDBods AU$ ***** -79.0 -0.4 *****/***** DBXT S&P Short US$ 2348 -59.6 -2.0 2858/2304 DBXT MSJAP US$ 4472 -31.7 -0.6 4814/4260 IS ASIA HYG S$D 1374 -18.0 -1.3 1450/1305 BY PERCENTAGE CLOSE DOWN 52w high/low
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    • Article
      Lock icon UNUSUAL ACTIVITY
      82 12 VOL CLOSE($) CHANGE Koh Eco 369.0 0.057 +0.007 +14.00 Nico Steel 70.0 0.083 -0.022 -20.95 EcoWise 27,608.0 0.080 +0.005 +6.67 Junma Tyre Cord 7.0 0.085 +0.013 +18.06 Jackspeed 307.0 0.075 +0.010 +15.39 CSC 1,475.0 0.076 +0.015 +24.59 Eastern 745.0 0.315 +0.015 +5.00 Asia Enterprises 531.0 0.220 -0.005 -2.22
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    • BROKERS’ TAKE
      • Article
        Lock icon Golden Agri-Resources
        189 12 Hold Oct 9 close: S$0.50 Target price: S$0.48 OCBC Investment Research, Oct 9 Golden Agri-Resources (GAR) has drifted down to our previous fair value of S$0.50 (based on 13.5 times blended FY14/FY15 forecast earnings per share), after posting a worse-than-expected set of Q2 FY14 earnings. But at current
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      • Article
        Lock icon Mapletree Logistics Trust
        155 12 Buy Oct 9 close: S$1.17 Target price: S$1.25 DBS Vickers Research, Oct 9 Mapletree Logistics Trust had entered into sale-and-purchase agreements with its sponsor to purchase two properties: (1) Mapletree Yangshan Bonded Logistics Park (MYBLP) in Shanghai, China for 197.2 million yuan (circa S$41.1 million) and at
        155 words
      • Article
        Lock icon Sino Grandness Food Industry Group
        148 12  -  Compiled by Kenneth Lim Hold Oct 9 close: S$0.64 Target price: S$0.73 May bank Kim Eng Research, Oct 9 Sino Grandness has announced that bondholders, holding 80.5 per cent of the principal amount of its first tranche of convertible bonds (CB) (100 million yuan in
        148 words
    • Article
      Lock icon Greenback weakens on Fed’s cautious language
      471 13 TT CURRENCIES London THE US dollar fell to a three-week low against the yen on Thursday as investors cut favourable bets after minutes of the Federal Reserve’s last meeting prompted many to push out expectations for the likely timing of an interest rate rise.
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    • FOREX RATES
      • Article
        Lock icon INTERBANK CROSS RATES
        471 13 Oct 9 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.986 5.456 0.696 6.900 54.201 108.276 0.957 9.570 2.878 1.116 91.394 39.707 1.128 9.800 0.843 27.039 28.826 0.549 0.890 Canada 1.014 5.533
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      • Article, Illustration
        Lock icon SHANGHAI COMPOSITE
        2 13
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      • Article, Illustration
        Lock icon DOW JONES
        2 13
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      • Article
        Lock icon INTERBANK CURRENCY RATES
        155 13 Oct 9 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1281 1.1289 0.8895 0.8899 Canadian dollar 1.1440 1.1449 0.9025 0.9020 Euro 1.6214 1.6224 1.2785 1.2789 NZ dollar 1.0106 1.0117 0.7969 0.7975 Sterling pound 2.0554 2.0567 1.6207 1.6212
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      • Article
        Lock icon US$/S$ FORWARD RATES
        22 13 Oct 9 S$ Bid Offer 1-month 1.2682 1.2686 2-months 1.2682 1.2686 3-months 1.2682 1.2687 6-months 1.2681 1.2686 Source: OCBC
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        Lock icon HANG SENG
        2 13
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        Lock icon NIKKEI
        1 13
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    • EQUITY BONDS WARRANTS FUTURES
      • Article
        Lock icon BONDS, WARRANTS, PREFERENCE SHARES
        214 13 Most active Oct 9 Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left FTSECHINAA50 7600 MBeCW*****7 5.8 0.2 ***** 0.0 --1 OLS Enterprise W*****5 0.4 unch 5950 1 1 27 2.75 34 Singapore Edevelopment Ltd 0.3ce unch 4595 1 0
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      • Article
        Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
        373 13 In local curr In S$ In US$ dy yr dy yr dy yr Oct 8 Index Change Change Change Change Change Change World Preliminary 1207.7 -0.4 2.0 -0.2 0.9 -0.3 -0.3 EAFE Preliminary 939.5 -0.8 -1.8 -0.5 -5.6 -0.7 -6.7 Europe Preliminary 1331.9 -0.6 -1.7
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      • Article
        Lock icon SGX DERIVATIVES TRADING
        368 13 Oct 9 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.53 *****.32 *****.09 Dec14 *****.00 *****.00 *****.00 *****.00 *****7 *****5 Mar15 *****.00 *****.00 *****.00 *****.00 10 226 MSCI TAIWAN INDEX FUTURES SPOT 328.47 330.11 326.41 Oct14 325.30 329.80 323.60 328.40 ***** *****2 Nov14 325.80
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    • BANK RATES
      • Article
        Lock icon INTERBANK RATES
        154 13 Oct 9 $S Offer Bid 0vernight 0.05 0.03 1-month 0.4375 0.3125 2-months 0.4375 0.3125 3-months 0.4375 0.3125 Overnight mode: 0.04 US$ 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
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      • Article
        Lock icon SIBOR
        36 13 Oct 9 (S$) 1 mth 0.***** 2 mths 3 mths 0.***** 6 mths 0.***** 9 mths 12 mths 0.***** SWAP Offer rates (S$) 1 mth 0.***** 3 mths 0.***** 6 mths 0.***** Source: Thomson Reuters
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      • Article
        Lock icon GOVERNMENT SECURITIES
        65 13 Oct 9 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year NY*****F 3.75 01-Sep-16 106.11 5-Year N*****0H 1.625 01-Oct-19 100.92 101.08 100.90 10-Year NY*****H 3.000 01-Sep-24 106.45 106.65 106.55 15-Year NY*****E 2.875 01-Jul-29 102.74 102.85 102.80 20-Year NZ*****V 3.375 01-Sep-33 108.51 108.78 108.60
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    • AGRI METALS ENERGY
      • Article
        Lock icon COMMODITY FUTURES
        212 13 Oct-8 Price Net change change Last Trade Agricultural Oct-8 CBOT Soybeans (US cents/bu) 935.00 -5.75 -0.61% 14/11/2014 CBOT Soybean Oil (US cents/lb) 32.88 -0.08 -0.24% 14/10/2014 CBOT Wheat (US cents/bu) 507.75 1.50 0.30% 12/12/2014 Oct-8 LIFFE Cocoa (£/tonne) 1978.00 -8.00 -0.40% 12/12/2014 LIFFE Coffee (US$/tonne) 2151.00 -25.00 -1.15%
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      • Article
        Lock icon PALM OIL
        57 13 OCt 9 KLCE Palm Futures (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Oct 14 2208.0 2220.0 2249.0 2208.0 90 945 Nov 14 2200.0 2207.0 2231.0 2188.0 3026 ***** Dec 14 2180.0 2191.0 2218.0 2165.0 ***** ***** Jan 15 2193.0 2201.0
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      719 8 A special feature brought to you by “Location, location, location!” That used to be the battle cry of retailers and businesses all clamouring to get the best location that would ensure the most traffic to their business. GIVE BUSINESS PROSPECTS WHAT THEY WANT: ENGAGING, EMOTIONAL AND EDUCATIONAL CONTENT! Today, the
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  • Page 10 Advertisements
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      3720 10 THE BUSINESS TIMES Ik I 1 I f 'I I 1 Toll free 1800-289-8822 I I I Email notices@sph.com. sg I Y i I www.sphclass.com.sg/notices 0 QINGMEI GROUP HOLDINGS LIMITED jsNiimajKWR&i (Incorporated in the Cayman Islands as an exempted company with limited liability on 28 August 2009) (Company Registration Number:
      3,720 words
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      2 10 STRATEGY SPOTLIGHT
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      41 11 The Business Times Ik I 1 I /"I I 1 Toll free 1800-289-8822 I I Email notices ffsph.com.sg J J j L J www.sphclass.com.sg/notices Beef Up Your Finances Call 1800 289 8822 or e-mail notices@sph.com.sg to publicise your IPOs other offerings
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      2051 11 NOEL GIFTS INTERNATIONAL LTD (Company Registration No.: *****3940Z) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Noel Gifts International Ltd (“the Company”) will be held at The Boardroom, 21 llbi Road 1 #03-01 Singapore *****4 on Tuesday,
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  • BANKING & FINANCE
    • Article, Illustration
      Lock icon Barclays to pay US$20m to settle Libor suit
      478 14 Plaintiffs also say that it will help them in their claims against other banks BLOOMBERG New York BARCLAYS Plc has agreed to pay US$20 million and cooperate with a group of Eurodollar-futures traders suing other banks, to settle litigation over manipulation of
      BLOOMBERG; PHOTO: REUTERS  -  478 words
    • Article, Illustration
      Lock icon Clampdown likely on banks’ ‘excessive’ risk-model variation
      705 14 Basel to publish report on variability in models banks use to assess credit risk, measure capital needs BLOOMBERG Vienna GLOBAL regulators are preparing to narrow banks’ options for assessing credit risk in a bid to prevent the understatement of possible losses. The Basel
      BLOOMBERG  -  705 words
    • Article
      Lock icon Swiss banking secrecy set to end in 2018
      428 14 AFP Geneva SWITZERLAND’S embattled banking secrecy could be dealt a final death blow in 2018, after the government decided to launch talks with other nations on the automatic exchange of account details. In a statement on Wednesday, the government said it had
      AFP  -  428 words
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      1539 14 The Business Times Ik IT 1 Toll free 1800-289-8822 I I I Email notices W I i j ij www.sphclass.com.sg/notices fc ROESUS RETAIL TRUST CROESUS RETAIL TRUST (a business trust constituted on 7 May 2012 under the laws of the Republic of Singapore and managed by Croesus Retail Asset Management
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      15 14 Brand Your Assets Call 1800 289 8822 or e-mail notices@sph.com.sg to publicise your Financial Statements
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      878 15 NOTICE OF MEETING OF CREDITORS IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF SINGAPORE FLOUR MILLS PTE LTD Co. Reg. No. *****1536R Notice is hereby given pursuant to section 296 of the Companies Act, Chapter 50, that a meeting of the creditors of the
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      1117 15 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF ISLAND HOLDINGS PTE. LTD. (IN MEMBER’S VOLUNTARY LIQUIDATION) Co. Reg. No. *****2352D NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Chapter 50, the Final Meeting of the
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      855 15 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF PETNET SOLUTIONS PRIVATE LIMITED (IN MEMBERS’ VOLUNTARY LIQUIDATION) CO. REG. NO. *****6525M NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members of PETNET SOLUTIONS PRIVATE LIMITED deemed to have been duly convened and held
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      19 15 Show Off Your Prize Bull Call 1800 289 8822 or e-mail notices@sph.com.sg to place your New CEO Announcement Notices
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      896 15 IN THE MATTER OF THE COMPANY ACT (CAP. 50) AND IN THE MATTER OF SEVAN DRILLING RIG VIII PTE. LTD. (IN MEMBERS’ VOLUNTARY LIQUIDATION) (Co. Reg. No. *****2334D) NOTICE OF RESOLUTION MEMBER’S RESOLUTIONS IN WRITING PURSUANT TO ARTICLE 59 AND 59A OF THE ARTICLES OF ASSOCIATION OF SEVAN DRILLING RIG
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      1348 15 LUXKING GROUP HOLDINGS LIMITED (Incorporated in Bermuda) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Luxking Group Holdings Limited (the “Company”) will be held at Hotel Re! Pearl’s Hill, Re! Union, 175A Chin Swee Road, Level 2, Singapore *****9 on 28 October 2014
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      382 15 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF AB SHIPPING PTE LTD Company Registration No. *****1306R (In Members’ Voluntary Liquidation) At an Extraordinary General Meeting of the members of the abovenamed Company, duly convened and held at 3 Phillip Street #12-02 Royal Group Building
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      383 15 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF ORMONDE GATE INVESTMENT PTE. LTD. UEN/CO REG NO: *****6800N MEMBERS’ VOLUNTARY WINDING UP At an Extraordinary General Meeting of Ormonde Gate Investment Pte. Ltd. convened and held at 14 Brighton Crescent Singapore *****8 on 2 October
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  • ENERGY & COMMODITIES
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      Lock icon Crude imports to US Midwest hit new high
      588 16 Surge comes ahead of new pipeline linking region to US supply hub BLOOMBERG New York CRUDE imports to the US Midwest increased to a record last week in anticipation of a new pipeline linking the region to Cushing, Oklahoma, the United States’
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      Lock icon S Africa’s mining stocks hit by strikes, dwindling deposits
      512 16 BLOOMBERG Johannesburg SOUTH Africa has the world’s richest mineral deposits, with US$3.3 trillion in platinum, gold, iron ore and coal. That’s not enough to satisfy investors. Extended labour strikes, ageing mines and regulatory uncertainty have dragged the stock-market values of South
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      Lock icon Cyber-security incidents rise 48% to 42.8m this year
      905 17  -  Company insiders are most cited culprits of cyber crime, PwC survey shows Reports by Amit Roy Choudhury amit@sph.com.sg @AmitRoyCBT Singapore A NEW study released on Thursday shows that the number of reported cyber-security incidents rose 48 per cent globally to 42.8 million
      BT Graphics: Jonathan Goh; Source: The Global State of Information Security Survey 2015 by PwC, CIO & CSO  -  905 words
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      Lock icon Cyber security ‘a clear priority’ for S’pore govt
      374 17 CYBER security has become a major priority, both in Singapore as well as around the world, due to a massive increase in the number of incidents reported. Data gathered by PwC, along with CIO and CSO magazines, showed that there has been
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      Lock icon Tech firms lead ranking of brands
      619 17 NYT New York The “tech-ing” of Madison Avenue continues apace, according to the results of a closely followed annual report about how much brands are worth, as the brands of leading technology companies crowd the top ranks and increase substantially in value. The 2014
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      2784 16 The Business Times Ik 1 1 Toll free 1800-289-8822 I I Email noticesgsph.com. sg J V www.sphclass.com.sg/notices GRP GRP LIMITED (Incorporated in the Republic of Singapore) (Company Registration Number *****1449C) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Annual General Meeting ol GRP Limited will be held
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      9 17 Editorial: A business, not just IT, risk, Page 26
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      1452 17 The Business Times NOTICES ISOTEAM LTD. (Incorporated in the Republic of Singapore on 12 December 2012) (Company Registration Number: *****0294M) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of ISOTEAM LTD. (the “Company”) will be held at Orchard Room, Level 4, Raffles City Convention
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  • CONSUMER
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      Lock icon Price cuts no quick cure for Tesco’s ills
      1334 18 Winning back market share will take years, analysts say, citing slowing grocery market and price war REUTERS London CHEAPER meat and vegetables should draw shoppers back into Tesco stores but it will take time for the new boss of Britain’s biggest grocer
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      Lock icon Sa Sa’s HK retail sales drop 1% due to Occupy Central protests
      376 18 REUTERS Hong Kong HONG Kong-based skin care and cosmetics retailer Sa Sa International Holdings Ltd posted a drop in retail sales during China’s Golden Week holiday, as civil unrest in its home market hit shopping activity. The company,
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      Lock icon New Zealand CPI components to include pet ownership
      307 18 BLOOMBERG Wellington DOG walking may be a more popular form of exercise in New Zealand than playing squash or tennis, if the review of the country’s consumer price index (CPI) is a guide. The cost of buying a kitten or adopting a
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      Lock icon London most attractive city for business: survey
      215 18 BLOOMBERG Tokyo LONDON is the most attractive city for business and innovation, outranking New York, Paris and Tokyo, according to Japan’s Mori Memorial Foundation’s Global Power City Index. The survey covers 40 of the world’s major cities and provides a ranking for the
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      35 18 FESTIVE DELIGHTS tabla ’s shopping tips for the Festival of Lights WORLD CUP: DHONI’S WORRY WILL BE INDIA’S BOWLING GET YOUR COPY TODAY FROM ALL 7-ELEVEN OUTLETS TO ADVERTISE: CALL KALWANT (*****327) OR NISHAL (*****438)
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      219 18 Singapore Capital Expo and Small Cap Showcase 2014 INTRODUCTION FREE ADMISSION Discover Leading and Innovative Growth Companies ShareInvestor, The Business Times Wholesale Investor will bring together up to 1,000 high net worth, accredited, professional and international investors, executives, brokers, fund managers, media and industry participants for the first Singapore Capital
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  • LUXE TRAVEL 2014
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      Lock icon TAKING TO THE WATER
      816 19  -  Whether it’s sailing the seas or cruising down a river, there are options a-plenty. BY DENYSE BY DENYSE YEO FROM cruising on the high seas and exploring small, little known ports to drifting down rivers and charting your own course, the options for taking to the
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      Lock icon CASTAWAY ON A PRIVATE ISLAND
      869 20  -  These eco-resorts in the Asia-Pacific add a luxurious twist to island living. Their green and community credentials are stellar too. BY DENYSE YEO too.BY DENYSE YEO The Brando, Tetiaroa, French Polynesia SET on the atoll of Tetiaroa, a 20-minute private plane ride from Tahiti, this
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      Lock icon AN INVITATION TO ALL FOODIES
      1252 22  -  From luxurious gourmet boutiques to hip markets, these are the best food halls in the world to visit. BY DENYSE YEO BY DENYSE YEO DON’T call them supermarkets or food courts. These food halls are magnets for all things gourmet and, dare we say it,
      PHOTOS: GALDONES PHOTOGRAPHY FOR EATALY CHICAGO, SELFRIDGES, KADEWE, DANIEL KRIEGER FOR GOTHAM WEST MARKET; PHOTO: LA GRANDE EPICERIE  -  1,252 words
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      323 19 FLY BUSINESS ELITE TO THE U.S. Enjoy the comfort of flying on our 180-degree full flat-bed seats with direct aisle access on Delta flights from Singapore to the U.S. Visit delta.com, call Delta reservations at 6336 3371 (available 24/7), or contact your local agencies to book your flight today. Sample
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      151 20 FOLLOW -I www r Hi MY DREAM MY JOURNi si is I W Vi M V v .'x t Vs I r *1* FMJ 5D4N DoubleTree by Hilton Okinawa (Assemble Date: 20 Nov ’14) J.71 V m V. K t V> n FMJ 8D7N East Hokkaido Winter Fascination (Assemble Date:
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      694 22 Your Cruise Specialist Offering the Widest Range of International Regional Cruise Lines 12/17D Alaska Canadian Rockies Cruise Tour Seattle Ketchikan Tracy Arm Fjord Juneau Skagway Victoria Vancouver Revelstoke Banff Vernon Tour Pick: Snocoach on Glacier Gondola Ride to Sulphur Mountain Seattle City Tour Return Airfare by EVA Air 2N Pre
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  • TRANSPORT
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      Lock icon US regulator approves Maersk’s vessel sharing pact with MSC
      427 23 2M alliance, in which the two pool 185 ships and will save Maersk US$350m, still faces resistance in China REUTERS Shanghai MAERSK Line and Mediterranean Shipping Co (MSC), the world’s two largest container shippers, won approval from US maritime regulators for
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      Lock icon Tiger sub-leases 12 jets to IndiGo, makes S$93m provision
      442 23  -  By Nisha Ramchandani nishar@sph.com.sg @Nisha_BT Singapore BUDGET airline Tiger Airways is sub-leasing 12 aircraft to Indian carrier IndiGo as it seeks to rightsize its fleet amid overcapacity in the market, which will see the carrier making a one-off accounting provision of
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      Lock icon Ports tighten rules to curb spread of Ebola
      611 23 REUTERS Sao Paulo BRAZIL, Argentina and the United States have tightened port entry procedures for ships that have sailed from West Africa in a bid to control the potential spread of the deadly Ebola virus. Ebola has killed more than 3,400 people
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      63 23 Astute A 1 A penetrating mind sees things from all angles. The new Business Times brings you the power of its thinking networks to cut through complexity. When you sharpen your focus, everything becomes clearer. www.BusinessTimes.com.sg www.facebook.com/TheBusinessTimes follow us ©BTbreakingnews To subscribe, call (65) 6388 3838 or visit btd.sg/subscriptionplans To
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  • GOVERNMENT & ECONOMY
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      Lock icon Renewed push to give EM nations more IMF power
      485 24  -  ‘Lame duck’ session of US Congress after November’s mid-term elections could see reforms ratified By Anthony Rowley btworld@sph.com.sg Washington A GROUP of Asian and other “dynamic” emerging-market (EM) nations may finally be within sight of achieving more say in the Executive
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      Lock icon Wholesale inventories up more than expected
      553 24 Jobless claims fall with average for one month declining to eight-year low LATEST US DATA REUTERS BLOOMBERG Washington US WHOLESALE inventories rose by the most in four months in August, a sign the US economy may have grown more than expected in the third
      REUTERS; BLOOMBERG  -  553 words
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      Lock icon Modi to states: capitalise on foreign investment boom
      649 24 XINHUA I BLOOMBERG New Delhi INDIAN Prime Minister Narendra Modi said on Thursday that US$100 billion worth of foreign investment are knocking at the door of India, asking the states to grab them. He said that it was the result of his
      XINHUA; I BLOOMBERG  -  649 words
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      Lock icon Weak housing market in China blights the other sectors as well
      730 24 REUTERS Beijing SOFTER domestic demand probably pulled down growth in China’s imports, investment and retail sales to multi-month or multi-year lows in September, raising questions about whether policymakers should do more to fight the slowdown. Fading momentum worldwide would
      REUTERS; PHOTO: AFP  -  730 words
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      Lock icon Sharp drop in German, French exports casts pall on eurozone
      613 25 August slump drives German trade surplus down to 17.5b euros and French trade deficit up to 5.8b euros AFP Frankfurt THE economic skies above the eurozone darkened again on Thursday as data showed a sharp drop in exports from its
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      Lock icon Australia’s volatile jobs numbers cloud visibility for central bank, investors
      563 25 Lack of labour market clarity complicates rate setting policy: analysts BLOOMBERG Sydney AUSTRALIA’S gyrating jobs figures are making it harder for the central bank and investors to gauge the impact of record-low interest rates on the nation’s economy. The number
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      Lock icon S-E Asia boosts efforts to lure skilled citizens back home
      663 25 BLOOMBERG Singapore WHILE thousands of skilled Asian workers emigrate each year in search of better pay or opportunities, Kwee Keong Lim decided to come home to Malaysia. Partly, it was the roti prata. After more than 20 years abroad, Mr
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      994 24 The Business Times NOTICES mmumm ZHENYUN PLASTICS INDUSTRY FUJIAN ZHENYUN PLASTICS INDUSTRY CO., LTD (Incorporated in the People’s Republic of China) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN THAT an Extraordinary General Meeting (the “EGM”) of Fujian Zhenyun Plastics Industry Co., Ltd (the “Company”) will be held at
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      2326 25 The Business Times NOTICES ASL Marine Holdings Ltd. (Co. Reg. No. *****8542N) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Fourteenth Annual General Meeting of the Company will be held at 19 Pandan Road, Singapore *****1 on Tuesday, 28 October 2014 at 2.00 p.m. for the following
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  • OPINION
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      Lock icon Cyber security threat is a business, not just IT, risk
      533 26 ACCORDING to a global study done by PwC, in conjunction with CIO and CSO magazines, there were 117,339 cyber attacks per day around the world last year. That’s a staggering number and translates to 42.8 million attacks in 2013. Moreover,
      533 words
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      Lock icon Time for Globalscepticism?
      797 26  -  TT THE BOTTOM LINE By Leon Hadar AFTER the signing of the Oslo accord between Israel and the Palestine Liberation Organisation (PLO) in 1995, PLO leader Yasser Arafat visited the then-occupied Gaza Strip, which with one of the highest population growth rates in the world was (and
      797 words
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      Lock icon RESET, CHANGE MANPOWER MINDSET
      1217 26  -  It makes no sense to try and draw Singaporeans to jobs they don’t and never will want to do and, in the process, fuel wage inflation in those sectors. BY VICTOR MILLS BY VICTOR MILLS T The writer is chief executive of the Singapore international chamber
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      Lock icon GIC and Bridgewater: A 20-year friendship
      725 27 IN trying to understand the relationship between the Government of Singapore Investment Corporation (GIC) and Bridgewater Associates, the first question that comes to mind is why GIC chose Bridgewater as one of its external fund managers. After all, back in 1994 the firm was
      725 words
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      Lock icon THE HEDGE FUND KING
      2440 27  -  Ray Dalio talks about his approach to investing, and his life philosophy. BY VIKRAM KHANNA IN 1994, the Government of Singapore Investment Corporation (GIC) recruited a small and lit-tle-known hedge fund in the US called Bridgewater Associates as one of its external fund managers. Led by
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  • REAL ESTATE
    • Article
      Lock icon Hub for surface engineering firms opens
      406 28  -  It has centralised water treatment plant for use by its ecosystem of companies INDUSTRIAL PROPERTY By Mindy Tan tanmindy@sph.com.sg @MindyTanBT Singapore REDEVELOPING areas with lower-in-tensity use is one viable way of achieving higher land productivity, said Minister for Trade and Industry Lim Hng Kiang
      406 words
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      Lock icon Industrial property likely to stay mixed in Q4
      665 28  -  Factors cited include persistent downside risks and usual year-end lull By Claire Huang huangjy@sph.com.sg @ClaireHuangBT Singapore SINGAPORE’S industrial property market is expected to remain mixed in the fourth-quarter of 2014, given the presence of persistent downside risks, which include uncertainties surrounding the
      FILE PHOTO  -  665 words
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      Lock icon Da Vinci building in Upper Bukit Timah sold for S$58m
      315 29  -  By Kalpana Rashiwala kalpana@sph.com.sg @KalpanaBT Singapore SIM Lian Holdings Pte Ltd has bought the Da Vinci building at 191 Upper Bukit Timah Road for S$58 million. The seller, a unit of high-end furniture retailer Da Vinci Holdings Pte Ltd, will
      315 words
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      Lock icon Over 200 Marina One units sold, mostly to bulk buyers
      260 29 Singapore SLIGHTLY more than 200 of the 242 units released so far at Marina One Residences have been sold. Most of the units sold are one and two-bed-ders. The developer, Khazanah Nasional and Temasek Holdings tie-up M+S Pte Ltd, began
      FILE PHOTO  -  260 words
    • Article
      Lock icon SRX: HDB Sept resale prices down again
      504 29  -  Flash estimates show 8th straight month of falls; but transaction volumes are up By Lynette Khoo lynkhoo@sph.com.sg @LynetteKhooBT Singapore HOUSING and Development Board (HDB) resale prices could have fallen in September for an eighth consecutive month, going by flash estimates from the Singapore
      504 words
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      Lock icon Asian deal boom points to more buys
      940 30 Firms such as CapitaRetail China and Saizen seen as possible targets for suitors BLOOMBERG Sydney IN Asia’s real estate market, dealmaking has just hit a record. More is coming. Property deals in China and its Asian neighbours reached a record US$34 billion last
      BLOOMBERG; PHOTO: BLOOMBERG  -  940 words
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      Lock icon Easing of mortgage rules in China lifts demand for homes
      690 30 XINHUA Beijing THE Chinese property market is showing signs of stabilising as home sales bottom out after months of falling, thanks to a broader-than-expected relaxation of mortgage rules. There are signs that the market sentiment is also improving. An increasing
      XINHUA  -  690 words
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      Lock icon BuildTech Asia to focus on latest technologies, innovations
      504 30 Singapore RECENT urbanisation and economic developments in large Asian markets here and in China, India, Indonesia and Vietnam have spiked quality standards in the built environment sector, driving many industry players to look for innovative ways to refresh building processes and be
      504 words
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      500 28 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements The Business Times CLASSIFIED BUY IT SELL IT FIND IT D04 HOUSE FOR SALE OCEAN DRIVE Seaview! Sentosa Bunglw 2-sty+ basement, 5 bdrm, land 9580/ *****sf. Ronald 9852 9055 D04 HOUSE FOR SALE SENTOSA Bungalow Sentosa 3½-Storey 8159 sqft,6+1 ensuite, 2 living,
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      132 28 D19 APARTMENT FOR SALE INFINIUM Star buy $699 psf! Freehold Infinium! Lifestyle Strata house. 5 bedrooms. Park 2 cars. Lift. MRT. Kim 9740 5880 D20 APARTMENT FOR SALE GARDENS AT BISHAN 883 sqft 2 bedrooms High floor. Unblock. Designer decor. Shuttle bus to MRT. $1M. Shirley *****883 D09 HOUSE FOR
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      100 29 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements the Business Times CLASSIFIED BUY IT SELL IT FIND IT D11 21 HOUSE FOR RENT LORNIE 18 Cluster bunglw Resort Living. Superb layout with home lift. 4500sf onwards. 4+1+1 rms. 2 yrs lease. Rental $11K neg. 6296 6036/ 9670 0518 D15 HOUSE
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      97 29 D04 APARTMENT FOR RENT CARIBBEAN Blk 30. 3+ study. 1335 sf. P/furn. High floor. Canal fountain view. Pocket sea view. Immediate. D11 21 APARTMENT FOR RENT PEAK COURT Peak Court. 2-storey Maisonette. 3+1 Bedrooms. 2800 sqft. Quiet and greenery environment. Minutes to Novena. Ask $7.2k. Julian 9177 8312 D11 21
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      100 29 D15 APARTMENT FOR RENT SANDALWOODS Award Winning Project! Cosy 1-bdrm with balcony. Spacious. Modern kitchen. Boss sound system. Immed. $3.xK. Michelle Goh 9023 3111 D03 FACTORY FOR SALE HENDERSON BUILDING 980 sqft. Freedhold. Central aircon. Ample car park. Asking $933K/ 1200-3000 sqft. Sale/ Rent. Call Cindy 9733 3368 D05 SHOP
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      133 29 D01 OFFICE FOR RENT PEOPLE’S PARK CTR 549 sf. F/aircon. Partitioned. High flr. Near MRT. Easy access. Immed. Margaret 9680 1771 D02 SHOP FOR RENT NEIL ROAD TANJONG PAGAR 3-sty shophse 3400sf, new reno, Ample parking,opp future MRT. $22k. 9062 2311 Kelvin Hoe Sole agt D09 SHOP FOR RENT WILKIE
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      71 29 D14 FACTORY FOR RENT VERTEX (B1) Grd flr retail Approx 2885sf. Bare. Mezzanine flr. Good frontage. Immed. 9619 6836 Ka Sen D14 SHOP FOR RENT UBI 342 Ubi HDB 2-sty shophse, 1350 sf, heavy human traffic, Near schs, Immediate, Suits most trade, Agents are welcome, $6.5K. Call Owner *****391 FOREIGN
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      232 30 ST presents A Seminar on Opportunities Outlook of hilippines Property Market 2014 2015 ;s ■UL -r- I M man: ■I It Why attend the seminar? Where are the gems in the Philippines property market? What are the opportunities for property rental in the Philippines? Howto invest to achieve a consistent
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  • Article
    Lock icon SHIPPING TIMES
    1803 31 Vessel Voy Sin Pusan Tarawa Honiara Santo Port Vila Noumea Lautoka Suva Nukualofa Apia Pago Pago Papeete Lae P. Moresby Townsville KMTC Mumbai 1402E 23 Sep 07 Oct 24 Oct 27 Oct 30 Oct 01 Nov 04 Nov 05 Nov 07 Nov 10 Nov 10 Nov 14 Nov
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      266 31 C a il a n E n n o r e J e d d a h B r Shanghai■ Chittagong i s b a n e H o n g Ho Chi Minh J e b e lA K o n g NYK RORO (ASIA) PTE. LTD. REGULAR SERVICE
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      115 32 Shipping lines Can they seeking reliable find your services here in the Shipping Times? The Business Times TO ADVERTISE, CALL JOE WONG AT *****327 I I IL U\JJ IIVLJJ I IIVILJ Shipping Times Announce Your Corporate Development Come publicise your Project Completion, Ship Christenings Delivery of Newbuilds, Vessel Conversion Refurbishment,
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  • BT Lifestyle
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      Lock icon COMING OUT OF THE DARKROOM
      1389 33  -  How one woman is transforming the photography landscape in Singapore. BY HELMI YUSOF helmi@sph.com.sg @HelmiBT THE venue was the National Museum of Singapore theatre. The lecture was History of Polish Photo Books, delivered by an artist by the name of Katarzyna Majak. he size of
      PHOTOS: BERND AND HILLA BECHER, DARREN SOH  -  1,389 words
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      Lock icon More than meets the eye
      373 33 THERE are several exhibitions, film screenings and workshops taking place during the 4th Singapore International Photography Festival at various venues. Admission to most of the exhibitions is free, while admission to the talks and screenings require the purchase of a S$50 festival pass which grants
      PHOTOS: GUSTAVO LACERDA, PRASIIT STHAPIT  -  373 words
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  • CINEMA TV ARTS
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      Lock icon One good Turn deserves a revival
      437 34  -  ARTS By Helmi Yusof helmi@sph.com.sg @HelmiBT WRITER-director Chong Tze Chien has always been adroit at creating the poetic, allusive allegory. And in the revival of Turn By Turn We Turn, a 2011 play that snagged two top awards at the Straits Times Life! Theatre
      PHOTO: TUCKYS PHOTOGRAPHY  -  437 words
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      Lock icon China auteur tests the limits
      708 34  -  Mainland filmmaker Lou Ye courts controversy with his noir takes on life. BY DYLAN TAN CINEMA BY DYLAN TAN dylantan@sph.com.sg @DylanTanSYBT HE’S the director who gives Chinese film watchdogs nightmares with his realistically edgy and gritty movies but mainland auteur Lou Ye doesn’t fancy being
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      Lock icon Anatomy of a failed marriage
      623 34  -  CINEMA By Geoffrey Eu WAR is hell and so according to the cynics anyway is marriage. But while confrontation, violence and bloodshed are standard procedure with the former, the latter seems to be only slightly less vicious. Gone Girl, a dark and devious look at
      PHOTO: TWENTIETH CENTURY FOX  -  623 words
    • Article, Illustration
      Lock icon The plot thickens with new Secretary of State
      503 34  -  TV By Dylan Tan dylantan@sph.com.sg @DylanTanSYBT WOMAN wakes up and finds herself suddenly in the hot seat as the new Secretary of State the perfect premise for a new sitcom? Perhaps, but that could be a little too close to the popular
      PHOTO: 2014 CBS STUDIOS INC  -  503 words
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  • MUSIC ARTS
    • Article, Illustration
      Lock icon Chronicler of Punk
      739 35 Raw images of punk icons such as The Sex Pistols and The Clash snapped by photographer Sheila Rock during the height of the movement are now on display at the Substation MUSIC Sometimes, it pays to be in the right place at the right time preferably armed
      PHOTOS: SHEILA ROCK  -  739 words
    • Article, Illustration
      Lock icon Rabble-rouser who wants to be a model citizen
      719 35  -  MUSIC By Geoffrey Eu AS a founding member of a band that sent shockwaves through the music industry, sparked youthful rebellion on both sides of the Atlantic and sealed its place in rock music history, Glen Matlock can be justifiably proud of
      719 words
    • Article, Illustration
      Lock icon Drawing out dualities in molten metal
      832 35  -  ARTS By Cheah Ui-Hoon uihoon@sph.com.sg BANGKOK-based French artist Val Goutard is obsessed with dualities. Men can do so much build the pyramids for instance, and migrate across great distances yet they can be brought down by diseases and war. In the same way, she
      PHOTO: REDSEA GALLERY  -  832 words
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  • WINE ARTS
    • Article, Illustration
      Lock icon The Super-Tuscans
      1049 36  -  Italy’s strict naming laws gave rise to this group of wines.BY WINE wines.BY NK YONG MY guest from Indonesia took a mouthful of the wine, held it in his mouth for a while, then swallowed it. He looked at me. “Bordeaux?” No, it was not. It was Cepparello
      PHOTO: BLOOMBERG  -  1,049 words
    • Article, Illustration
      Lock icon Visceral lens’ eye view
      625 36  -  ARTS By Rachel Loi rachloi@sph.com.sg @RachelLoiBT IT took Tan Ngiap Heng eight years to obtain his PhD in engineering, but the 48-year-old has not worked as an engineer for even one day in his life. Instead, after graduating, Mr Tan took a break and spent a
      PHOTOS: TAN NGIAP HENG  -  625 words
    • Article, Illustration
      Lock icon Private collector parts with Indian miniatures
      480 36  -  ARTS By RACHEL LOI rachloi@sph.com.sg @RachelLoiBT NOBODY said you needed a lot of wall space in order to be an art collector. Or 24-hour airconditioning. Just do what Jamshed K Fozdar does put his money on Indian miniature paintings. While their dimensions vary, these
      PHOTOS: JAMSHED FOZDAR  -  480 words
  • Page 36 Miscellaneous
    • Miscellaneous
      Lock icon Page 36 Miscellaneous Column 1
      362 36 CRYPTIC CROSSWORD Across 1 Cavalier poet’s infant still at mother’s breast (8) 5 Female music artist, mostly very cold (6) 9 VIP has to fall down before monarch, that’s an obvious thing (2-7) 11 Domineering woman has thrown out a number of stars (5) 12 Garment being worn by companion
      362 words
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  • CITY LIFE
    • Article, Illustration
      Lock icon Sartorial storytelling
      932 37  -  Eschewing the stereotypical style blog, populated by the peacocks of fashion week, Shentonista.sg is a local site that celebrates “common people” and the lost art of making conversation. BY MAY YIP conversation.BY MAY YIP THE fashion blogosphere might be dominated by the Anna Dello Russos and Miroslava Dumas
      932 words
    • CITY BUZZ
      • Article, Illustration
        Lock icon Culinary exchange
        380 37  -  BT writers' picks of what to see, do or talk about By Debbie Yong Remember the last time you bit into an absolutely delightful dish and wished you could have a personal cooking lesson from the chef? That was exactly the thought that struck chef Asai Masashiwhen he
        380 words
      • Article, Illustration
        Lock icon DANCE
        145 37  -  By Lisa Fratini Swan Lake Watch Tchaikovsky’s Swan Lake like never before with an all-male ensemble. Matthew Bourne’s version comes complete with dazzling award-winning costume designs by Lez Brotherston and made its London premiere at Sadler’s Wells Theatre in 1995. The original production opened Esplanade’s da:ns festival on Thursday
        145 words
      • Article, Illustration
        Lock icon ART
        196 37  -  By Helmi Yusof Countershadows (Tactics in Evasion) One of the most fascinating group show exhibitions of 2014 is Countershadows (Tactics in Evasion) curated by Melanie Pocock. Set in the basement gallery of Lasalle College of the Arts, the entire space has been transformed into an icy, alternate universe with
        196 words
      • Article
        Lock icon THEATRE
        212 37  -  By Rachel Loi Kings Queen of Comedy Asia 2014 Be prepared for a roaring good time this weekend with the return of the fifth annual Kings Queen of Comedy Asia 2014. This year’s edition of one of Singapore’s more popular stand-up comedy shows will feature two new stars from
        212 words
      • Article
        Lock icon ARCHITECTURE
        154 37  -  By Tay Suan Chiang Archifest 2014 Got some time today and tomorrow? It’s still not too late to check out this year’s Archifest, the annual architecture festival. Catch a film screening about two Singaporeans recounting their time spent in slums in Manila and London, and ballpoint pen sketching and
        154 words
      • Article, Illustration
        Lock icon SPORTS
        179 37  -  By Dylan Tan Japan vs Brazil it’s a friendly in name but there will be plenty at stake when reigning AFC Asian Cup champions, Japan, meets five-time World Cup winners, Brazil, next Tuesday at the National Stadium. Both sides are still trying to find their form under new managers
        179 words
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