The Business Times, 5 November 2014

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

Microfilm: NL33295
Total Pages: 30
1 30 The Business Times
Page thumbnail Page 1
  • Title Section
    Lock icon Masthead
    29 1 THE BUSINESS TIMES S$1.00 S|jh A SINGAPORE PRESS HOLDINGS PUBLICATION www.businesstimes.com.sg G Z ©BTBreakingnews CO REGN NO *****2868E MCI (P) 051/08/2014 ICA (P) Wednesday, October 8, 2014 Novem 5
    29 words
  • Article, Illustration
    Lock icon DAILY DIGEST
    169 1 GIC Pte Ltd’s planned purchase of Blackstone Group’s US industrial property company signals its appetite for real estate even as investments by other state funds wane. TOP STORIES 2 The Manpower Ministry paves the way for additional regulations to be imposed on large purpose-built dormitories those housing 1,000
    169 words
  • Article
    Lock icon MARKETS
    28 1 Tuesday Change STI 3281.57 -9.27 KL COMP 1,847.36 -5.98 NIKKEI 225 16,862.47 +448.71 HANG SENG 23,846.66 -70.31 SHENZHEN B 969.83 -14.48 DOW (11am EST) 17, 293.26 -72.98
    28 words
  • Article, Illustration
    Lock icon PMI rises to 51.9 – highest in 3 1/2years
    725 1  - PMI rises to 51.9 highest in 3 1/2years Economists attribute uptick to seasonal effects and say manufacturing outlook remains challenging for Singapore due to patchy global recovery By Kelly Tay kellytay@sph.com.sg @KellyTayBT Singapore SINGAPORE’S factories were busier than expected in October, with the latest purchasing managers’ index (PMI) rising 1.4
    Source: SIPMM; FILE PHOTO  -  725 words
  • Article
    Lock icon Car COE premiums expected to rise despite bigger quota
    588 1  -  By Samuel Ee samuelee@sph.com.sg Singapore HIGHER demand could push certificate of entitlement (COE) premiums up on Wednesday despite the new and bigger COE quota for passenger cars. But news of the increase in COE supply does not seem to have benefited
    588 words
  • Page 1 Advertisements
    • Advertisement
      Lock icon Page 1 Advertisements Column 1
      91 1 B***** *****4 HK PROTESTS NEW LISTINGS STRAIT TALK Ferry safety is a constant journey, not a destination TRANSPORT 22 Trans-cab makes an IPO booking COMPANIES MARKETS 7 Why HK needs good table manners MONEY MATTERS Rally likely to continue if US sustains growth EXECUTIVE MONEY 28 OPINION 25 Even as
      91 words
    • Advertisement
      Lock icon Page 1 Advertisements Column 2
      80 1 O UNVEILING SOON SCULPTURA ARDMORE 8 ARDMORE PARK lopments T-- *65 6100 2323 WWW.SCGLOBAL.COM.SG Developer: Covenson Pte Ltd Company Registration No.: *****7108Z Developer's License No.: C0858 Expected Date of Delivery of Vacant Possession: (31st Dec 2015) Expected Date of Legal Completion: (31st Dec 2018) Tenure of Land: Estate in Fee
      80 words
Page thumbnail Page 2
  • TOP STORIES
    • Article
      Lock icon GIC said to be in US$8b deal to buy Blackstone’s property unit
      1771 2 World’s biggest private equity firm has reached in-principle agreement to sell the industrial property company to GIC-led group: Sources BLOOMBERG New York GIC Pte Ltd’s planned purchase of Blackstone Group LP’s US industrial property company signals the Singapore
      BLOOMBERG  -  1,771 words
    • Article, Illustration
      Lock icon Singapore firms paying bills more promptly in Q3
      598 2  -  By Siow Li Sen lisen@sph.com.sg @SiowLiSenBT Singapore LOCAL companies are paying their bills at one of the fastest rate in the past five years due to tighter credit terms and the vigorous pursuit of debts. Electronics and construction companies are among those
      Source: DP Information Group  -  598 words
    • Article
      Lock icon Dormitory, portal among productivity moves for Jurong Island
      661 2  -  By Andrea Soh sandrea@sph.com.sg @AndreaSohBT Singapore THE government is stepping up initiatives to improve productivity for construction and maintenance work of the energy and chemicals sector, as activity increases on Jurong Island. These include a dormitory near Jurong Island to reduce travelling
      661 words
    • Article, Illustration
      Lock icon Tighter rules ahead for large worker dorms
      638 4  -  Licensing, and security, health and safety requirements to be imposed YESTERDAY IN PARLIAMENT By Claire Huang huangjy@sph.com.sg @ClaireHuangBT Singapore THE Manpower Ministry (MOM) on Tuesday paved the way for additional regulations to be imposed on large purpose-built dormitories those housing 1,000 or more
      638 words
    • Article
      Lock icon Hng Kiang: Restructuring a long-term exercise
      593 4  -  By Lee U-Wen leeuwen@sph.com.sg @LeeUwenBT Singapore SINGAPORE has made progress in its drive to raise productivity, but more stands to be done in the coming years, said Trade and Industry Minister Lim Hng Kiang on Tuesday. “Economic restructuring is a long-term process and we’ll
      593 words
    • Article
      Lock icon Yi Shyan: What it takes to be a world-class outfit
      444 4  -  By Lee U-Wen leeuwen@sph.com.sg @LeeUwenBT Singapore THE issue of what it means to be a “world-class Singapore enterprise” was debated in Parliament on Tuesday. Senior Minister of State for Trade and Industry Lee Yi Shyan listed two distinguishing attributes in
      444 words
    • IN BRIEF
      • Article
        Lock icon MND releases home price comparison in OCR
        130 4 THE National Development Ministry has released the price comparison for homes in the OCR (outside central region) area of Singapore. The average price difference between HDB resale flats and Build-To-Order (BTO) flats is currently 31 per cent, up from 18 per cent in
        130 words
      • Article
        Lock icon LTA looking into regulations for GrabTaxi, Uber
        62 4 THE Land Transport Authority is studying basic regulations for third-party taxi booking applications, said Senior Minister of State for Transport Josephine Teo. Applications such as GrabTaxi and Uber are currently allowed to operate here without regulation, and Mrs Teo said that some basic
        62 words
    • Article
      Lock icon The price of financial sector’s rise
      893 5  -  Over-dependence on the industry has led to negative effects such as rising cost of living and inequality, says former banker SINGAPORE ECONOMIC ROUNDTABLE By Malminderjit Singh msingh@sph.com.sg @MalminderjitBT Singapore THE financial sector has driven Singapore’s growth since the 2000s, but over-dependence on the industry
      893 words
    • Article
      Lock icon Singapore still the most SME-friendly economy: survey
      607 5  -  By Mindy Tan tanmindy@sph.com.sg @MindyTanBT Singapore SINGAPORE small and medium-sized enterprises which responded to a global SME performance review appear to be happy with government initiatives, helping the city-state maintain its position as the most SME-friendly economy for the second year running. According
      607 words
  • Page 2 Advertisements
Page thumbnail Page 3
Page thumbnail Page 4
  • Page 4 Advertisements
    • Advertisement
      Lock icon Page 4 Advertisements Column 1
      265 4 .•> V. •>' Wine, Dine 9 f 4i > 3S?S£ Maf t V V*. V’ N* Crustacean Pleasures Succumb to your crustacean cravings with Maine Lobster, Rock Lobster, Slipper Lobster, Alaskan Cra and Spanner Crab expertly prepared to showcase the natural flavours of these oceanic treasures, in addition to fresh
      265 words
Page thumbnail Page 5
  • Page 5 Advertisements
    • Advertisement
      Lock icon Page 5 Advertisements Column 1
      237 5 2 Orchard Turn, Singapore *****1 Tel: +65 *****228 Open Daily: 10am 10pm on a l 4.J SSL e f i •5 f IS. m m > !U P f\ f U I •v a m TIME iFTEB TIME PHOTOGRAPHED BY CHI CNDO FREY From left. Ana Emilia in jersey drape
      237 words
Page thumbnail Page 6
  • Page 6 Advertisements
    • Advertisement
      Lock icon Page 6 Advertisements Column 1
      3309 6 MANDATORY CONDITIONAL CASH OFFER by Credit Suisse Credit Suisse (Singapore) Limited (Incorporated in the Republic of Singapore) Company Registration No. *****2363D for and on behalf of NEW PRECISE HOLDINGS LIMITED (Incorporated in the British Virgin Islands) Company Registration No. *****34 an indirect wholly-owned subsidiary of NAN FUNG INTERNATIONAL HOLDINGS LIMITED
      3,309 words
Page thumbnail Page 7
  • COMPANIES & MARKETS
    • Article
      Lock icon Impairment charges sink Jasper into a sea of red for Q2
      699 7  -  By Angela Tan angelat@sph.com.sg Singapore OIL and gas-related Jasper Investments reported on Tuesday a staggering net loss of US$255.04 million for the fiscal second quarter ended Sept 30, 2014, compared to a net profit of US$ 1.36 million a
      699 words
    • Article
      Lock icon Thakral invests S$42m in Osaka office buildings
      202 7  -  By Jamie Lee leejamie@sph.com.sg @JamieLeeBT Singapore THAKRAL Corporation, a trading and property firm, on Tuesday said it has invested S$42 million in two office buildings in Osaka, Japan. The investment will be made through Thakral Japan Properties Pte Ltd a pooled investment vehicle
      202 words
    • Article, Illustration
      Lock icon Trans-cab makes an IPO booking
      485 7  -  Preliminary prospectus lodged; offer price has not been set By Jamie Lee leejamie@sph.com.sg @JamieLeeBT Singapore TRANS-CAB Holdings, Singapore’s sec-ond-largest taxi operator by fleet size, on Tuesday lodged its preliminary IPO prospectus with the Monetary Authority of Singapore, with a view to using part of expected
      ST FILE PHOTO  -  485 words
    • Article
      Lock icon Nan Fung makes offer for Forterra Trust
      439 8  -  Bid at S$1.85 per unit comes as Nan Fung’s stake hits 30.79% after exercise of option By Chan Yi Wen yiwenc@sph.com.sg @ChanYiWenBT Singapore NAN Fung International Holdings one of the largest privately-owned property developers in Hong Kong has made a mandatory conditional cash
      439 words
    • Article
      Lock icon Multiple directorship issue not as big a problem as perceived: study
      832 8  -  By Cai Haoxiang haoxiang@sph.com.sg @HaoxiangCaiBT Singapore A COMPREHENSIVE study of the 3,670 directors on the boards of 717 listed firms here at end-2013 has thrown up a few interesting findings on the directors’ commitment, independence, pay, and diversity. Some
      832 words
    • Article
      Lock icon Partnership fans second wind for tyres – as shoe outsoles
      318 8  - Partnership fans second wind for tyres as shoe outsoles By Mindy Tan tanmindy@sph.com.sg @MindyTanBT Singapore SINGAPORE tyre manufacturer and distributor Omni United and lifestyle brand Timberland have announced a collaboration to create a co-branded line of tyres which will become the first to be designed to be recycled into footwear
      318 words
    • Article
      Lock icon Forex losses hit Global Logistic’s second-quarter earnings
      685 10  -  Net profit falls 38%; near-term fall expected to be mitigated by longer-term accelerated growth in China RESULTS By Anita Gabriel anitag@sph.com.sg @AnitaGabrielBT Singapore WEIGHED down by US$54 million in one-time foreign exchange (FX) losses, net profit at Global Logistic Properties (GLP) dived 38
      685 words
    • Article
      Lock icon SIA Engg hit by rising costs, competition
      370 10  -  By Nisha Ramchandani nishar@sph.com.sg @Nisha_BT Singapore SIA Engineering Company (SIAEC) reported a near 41 per cent year-on-year slump in net profit to S$42.1 million for the second quarter ended Sept 30, partly due to declining share of profits from associated and joint venture
      370 words
    • Article
      Lock icon Serial System eyes US$1b sales by end of year
      276 10  -  By Jamie Lee leejamie@sph.com.sg @JamieLeeBT Singapore SERIAL System expects to hit its US$ 1 billion revenue target by the end of this financial year. This comes as the electronic-parts seller on Tuesday reported a 50 per cent boost in net profit
      276 words
    • Article
      Lock icon OUE Q3 net profit up 23% as expenses fall
      530 10  -  By Lynette Khoo lynkhoo@sph.com.sg @LynetteKhooBT Singapore AIDED by lower operating and financial expenses, OUE Limited reported a 23.1 per cent rise in third-quarter net profit to S$ 16.5 million despite a 10.8 per cent drop in revenue and lower gross margin.
      530 words
    • Article
      Lock icon Rickmers Maritime sinks US$53m into the red for Q3
      270 10  -  By Malminderjit Singh msingh@sph.com.sg @MalminderjitBT Singapore MAINBOARD-LISTED Rickmers Maritime on Tuesday posted a Q3 net loss of US$53.02 million, compared to the US$13.09 million net profit made during the corresponding quarter last year. The group registered charter revenue of US$33 million
      270 words
    • Article
      Lock icon Roxy relaunching Trilive with 8% price cut on selected units
      552 10  -  By Kalpana Rashiwala kalpana@sph.com.sg @KalpanaBT Singapore PROPERTY and hotel group Roxy-Pa-cific Holdings, which posted a 23 per cent drop in third-quarter net earnings, is relaunching its freehold Trilive condo in the Kovan area, with price reductions of about 8 per
      552 words
    • Article
      Lock icon PCRT paying one-off Q3 DPU of 0.95 cent
      368 10  -  By Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore PERENNIAL China Retail Trust (PCRT) on Tuesday declared a one-off interim distribution per unit (DPU) of 0.95 Singapore cent for its third quarter ended Sept 30, 2014, instead of the semi-annual payments it usually makes for
      368 words
    • Article
      Lock icon BreadTalk Q3 net profit up 15.6%
      356 10  -  By Cai Haoxiang haoxiang@sph.com.sg @HaoxiangCaiBT Singapore FOOD and beverage play BreadTalk Group reported a 15.6 per cent rise in net profit to S$3.9 million for the three months ended Sept 30, 2014. Revenue rose 8.3 per cent to S$154.5 million. This was driven by
      356 words
    • Article, Illustration
      Lock icon STI / Catalist
      63 12 STI Catalist Straits Times index NOV 4,2014 3,281.57 -9.27 (-0.28%) Current streak 1 day Day high 3,293.61 Day low 3,278.42 52-week high 3,374.06 (July 31, 2014) 52-week low 2,960.09 (Feb 5, 2014) FTSE ST Catalist index NOV 4,2014 810.18 -9.62 (-1.17%) Current streak 1 day Day high 820.49 Day low
      63 words
    • Article, Illustration
      Lock icon STI pulls back, loses 9.27 points
      641 12  -  Losers outnumber gainers 251-to-177; Charisma Energy continues to feature on actively traded stocks’ list TT STOCKS By JOYCE HOOI joyceh@sph.com.sg @JoyceHooiBT THE Straits Times Index (STI) pulled back a bit on Tuesday, shedding 9.27 points or 0.28 per cent to 3,281.57. NetResearch Asia, which
      Source: Bloomberg  -  641 words
    • Article
      Lock icon STI STOCKS
      306 12 Stock name Close Change Day high/low 52w high 52w low PE Div yield Mcap Ascendas Reit 223 -1 225/222 250 206 6.4 5634.5 CapitaLand 318 -1 322/317 348 268 15.9 2.5 *****.9 CapitaMall Trust 196.5 -1 198/195.5 209 180 5.2 6815.2 CityDev 953 +6 956/946 1118 860 12.9
      306 words
    • Article
      Lock icon MOST ACTIVE
      36 12 VOLUME Sing eDev W*****0 153,250,000 WE 99,948,000 Charisma Energy 98,061,000 Vallianz 75,680,000 IHC 71,923,000 Market volume 2,337,002,000 VALUE DBS Grp 72,371,070 SingTel 56,763,809 UOB 55,815,720 OCBC Bank 55,305,412 Global Logistic 39,064,030 Market value 1,017,855,000
      36 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      77 12 Nov 4 VALUE CLOSE BT OB/OS 407.00 -122.00 BT CADI -*****.00 -74.00 BT 10-day MA -*****.00 +41.00 FTSE ST Mid Cap 750.29 -0.30 FTSE ST Small Cap 523.43 -2.32 FTSE ST All Share 792.96 -2.02 FTSE ST China Top 189.68 -1.21 FTSE ST China 224.68 -1.85 FTSE
      77 words
    • Article
      Lock icon SGX ETFS
      110 12 Most Active Fund Last sale +/-(‘000) Day high/low 52w high/low Buy/Sell Mcap STI ETF 332 -1 239 334/332 343/298 331/333 Nikko AM STI ETF 338 +1 208 339/337 345/300 337/338 8.2 Lyxor Japan US$ US119.3 -1.7 173 119.3/118.4 125.5/110 119.3/119.5 19.1 IS MS India US$ US776 +8 40
      110 words
    • Article, Illustration
      Lock icon STI / FTSE ST All-Share
      35 12 STI FTSE ST All-Share FTSE ST All-Share index NOV 4,2014 792.96 -2.02 (-0.25%) Current streak 1 day Day high 795.31 Day low 792.82 52-week high 819.39 (July 31, 2014) 52-week low 722.35 (Feb 5, 2014)
      35 words
    • Article, Illustration
      Lock icon STI / MSCI EAFE
      33 12 STI MSCI EAFE MSCI EAFE Index NOV 3,2014 1,795.74 -22.61 (-1.24%) Current streak 1 day Day high 1,814.46 Day low 1,794.73 52-week high 1,995.49 (July 3, 2014) 52-week low 1,714.64 (Oct 16, 2014)
      33 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 12 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 7 5 3 0 0 0 7 5 3 Manufacturing 34 52 37 4 12 9 38 64 46 Commerce 17 22 20 5 5 2 22 27 22 Tpt/Stor/Comms 10 22 9
      186 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      121 12 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 48,525 48,525 63,524 63,524 Manufacturing 233,370 88,153 321,523 115,454 4,724 120,178 Commerce 86,919 253,732 340,651 85,547 11,820 97,367 Tpt/Stor/Comms 114,203 1,796 115,999 133,065 324 133,389 Finance 29,647 125 29,772 196,011 25 196,037 Construction 85,441 105,584
      121 words
    • Article
      Lock icon GAINERS
      78 12 BY CENTS CLOSE UP 52w high/low DBXT USDIGInfl US$ ***** 78.6 0.2 *****/***** Lyxor ThaiSET US$ ***** 40.0 0.2 *****/***** Jardine C&C 3983 38.0 1.0 4901/3330 DBXT MSJAP US$ 4726 37.4 0.6 4814/4260 SPDR S&P500 US$ ***** 32.2 0.1 *****/***** BY PERCENTAGE CLOSE UP 52w high/low UOB VT eCW*****2
      78 words
    • Article
      Lock icon LOSERS
      79 12 BY CENTS CLOSE DOWN 52w high/low Hyflux 6% CPS ***** -100.0 -0.9 *****/***** DBXT MSKorea US$ 5717 -81.2 -1.1 6735/5630 DBXT AUDCS US$ ***** -79.9 -0.3 *****/***** SPDR DJIA US$ ***** -45.1 -0.2 *****/***** DBXT MSTHAI US$ 2127 -43.8 -1.6 2222/1620 BY PERCENTAGE CLOSE DOWN 52w high/low Cedar Strategic
      79 words
    • Article
      Lock icon UNUSUAL ACTIVITY
      82 12 VOL CLOSE($) CHANGE WE 99,948.0 0.012 +0.002 +20.00 S i2i 15,581.0 0.005 +0.001 +25.00 KTL Global 1,475.0 0.130 +0.015 +13.04 Ntegrator Intl 31,506.0 0.036 +0.003 +9.09 Jasper Inv 17,104.0 0.011 -0.002 -15.39 PSL 65,246.0 0.162 +0.003 +1.89 Forterra Trust 669.0 1.860 +0.160 +9.41 Luzhou Bio-Chem 50.0 0.026 -0.010
      82 words
    • BROKERS’ TAKE
      • Article
        Lock icon Cosco Corp (Slngapore)
        122 12 Sell Nov 4 close: S$0.615 Target price: S$0.50 OCBC Investment Research, Nov 4 WITH the recent announcement regarding the delay in delivery of the Sevan 650 unit, the group currently has three offshore projects that have already been cancelled or are at risk of cancellation. Looking ahead,
        122 words
      • Article
        Lock icon Pacific Radiance
        63 12 Buy Nov 4 close: S$1.015 Target price: S$1.34 DBS Vickers Research, Nov 4 LONG-term charter contract showcases group’s resilience amid weaker oil price environment. H2 FY14 earnings to be weaker than H1 FY14 as margins normalise and subsea vessel utilisation eases. However, no significant change to top line
        63 words
      • Article
        Lock icon Soilbuild Business Space Reit
        116 12 Buy Nov 4 close: S$0.785 Target price: S$0.95 Am Fraser Research, Nov 4 WE find that Soilbuild Reit is currently inexpensively priced even as we vary our cost of equity and long-term growth rate assumptions. Soilbuild Reit looks attractive with a lower price-to-book, higher yield and
        116 words
      • Article
        Lock icon OUE Hospitality Trust
        136 12  -  Compiled by KENNETH LIM Neutral Nov 4 close: S$0.915 Target price: S$0.94 DMG Partners Research, Nov 4 WE assume coverage on OUE Hospitality Trust (OUEHT) with a “neutral” rating and a target price of S$0.94 (cost of equity: 8.0 per cent, terminal growth: 1.5 per cent), implying
        136 words
      • Article
        Lock icon CALENDAR
        13 12 DATA I 4pm Singapore COE bidding results I8pm US MBA mortgage applications
        13 words
    • Article
      Lock icon US$ takes a breather; A$ up on RBA’s message
      421 13 TT CURRENCIES REUTERS London THE dollar took a breather versus the yen and the euro on Tuesday after a week of gains drove it to its highest levels since 2010 and put a long-er-term rally back on track following a turbulent
      REUTERS  -  421 words
    • FOREX RATES
      • Article
        Lock icon INTERBANK CROSS RATES
        471 13 NOV 4 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.991 5.330 0.697 6.756 53.478 105.531 0.990 9.390 2.899 1.127 89.493 39.139 1.123 9.613 0.840 26.578 28.473 0.545 0.871 Canada 1.009 5.379
        471 words
      • Article, Illustration
        Lock icon SHANGHAI COMPOSITE
        2 13
        2 words
      • Article, Illustration
        Lock icon DOW JONES
        2 13
        2 words
      • Article
        Lock icon INTERBANK CURRENCY RATES
        155 13 NOV 4 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1226 1.1235 0.8711 0.8717 Canadian dollar 1.1329 1.1337 0.8796 0.8791 Euro 1.6113 1.6118 1.2503 1.2505 NZ dollar 0.9964 0.9971 0.7732 0.7736 Sterling pound 2.0606 2.0615 1.5990 1.5994
        155 words
      • Article
        Lock icon US$/S$ FORWARD RATES
        22 13 NOV 4 S$ Bid Offer 1-month 1.2887 1.2891 2-months 1.2888 1.2891 3-months 1.2888 1.2890 6-months 1.2886 1.2891 Source: OCBC
        22 words
      • Article, Illustration
        Lock icon HANG SENG
        2 13
        2 words
      • Article, Illustration
        Lock icon NIKKEI
        1 13
        1 words
    • EQUITY BONDS WARRANTS FUTURES
      • Article
        Lock icon SGX DERIVATIVES TRADING
        368 13 NOV 4 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.85 *****.66 *****.99 Dec14 *****.00 *****.00 *****.00 *****.00 *****8 *****9 Mar15 *****.00 *****.00 *****.00 *****.00 314 3075 MSCI TAIWAN INDEX FUTURES SPOT 335.55 336.14 333.42 Nov14 334.20 337.10 332.90 334.50 ***** *****9 Dec14 334.20
        368 words
      • Article
        Lock icon BONDS, WARRANTS, PREFERENCE SHARES
        213 13 Most active Nov 04 Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Singapore Edevelopment Ltd 0.1 unch*****0 1 0 25 OLS Enterprise W*****5 0.3 unch ***** 1 1 8 4.00 33 WE Holdings Ltd W*****8 0.1 unch ***** 1
        213 words
      • Article
        Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
        373 13 In local curr In S$ In US$ dy yr dy yr dy yr Nov 3 Index Change Change Change Change Change Change World Preliminary 1250.8 -0.2 5.6 0.0 4.7 -0.4 2.4 EAFE Preliminary 963.5 -0.6 0.8 -0.8 -4.1 -1.2 -6.3 Europe Preliminary 1350.8 -0.9 -0.3
        373 words
    • BANK RATES
      • Article
        Lock icon SIBOR
        36 13 NOV 4 (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
        36 words
      • Article
        Lock icon INTERBANK RATES
        154 13 Nov 4 $S Offer Bid 0vernight 0.10 0.05 1-month 0.4375 0.3125 2-months 0.4375 0.3125 3-months 0.4375 0.3125 Overnight mode: 0.25 US$ 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
      • Article
        Lock icon GOVERNMENT SECURITIES
        67 13 Nov 4 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year NY*****F 3.75 01-Sep-16 105.93 5-Year N*****0H 1.625 01-Oct-19 100.55 100.75 100.60 10-Year NY*****H 3.000 01-Sep-24 105.97 106.15 106.15 15-Year NY*****E 2.875 01-Jul-29 102.12 102.30 102.25 20-Year NZ*****V 3.375 01-Sep-33 107.78 108.18 108.10
        67 words
    • AGRI METALS ENERGY
      • Article
        Lock icon COMMODITY FUTURES
        212 13 NOV-3 Price Net change change Last Trade Agricultural Nov-3 CBOT Soybeans (US cents/bu) 1028.75 -17.75 -1.70% 14/11/2014 CBOT Soybean Oil (US cents/lb) 34.03 -0.77 -2.21% 12/12/2014 CBOT Wheat (US cents/bu) 538.25 5.75 1.08% 12/12/2014 Nov-3 LIFFE Cocoa (£/tonne) 1889.00 -21.00 -1.10% 12/12/2014 LIFFE Coffee (US$/tonne) 2073.00 25.00 1.22%
        212 words
      • Article
        Lock icon PALM OIL
        57 13 NOV 4 KLCE Palm Futures (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Nov 14 2305.0 2285.0 2305.0 2283.0 115 1550 Dec 14 2320.0 2315.0 2332.0 2303.0 4817 ***** Jan 15 2314.0 2308.0 2327.0 2293.0 ***** ***** Feb 15 2314.0 2310.0
        57 words
  • Page 7 Advertisements
    • Advertisement
      Lock icon Page 7 Advertisements Column 1
      28 7 Shop ONLINE www.oaks.com.sg it's A iDiscovery! Designed For Reds and Full Bodied Whites Zalto Crystal Decanter Axium 1450ml Lead free! Usual: S$235.00 OAKS ine wine shop Now: SS117.50
      28 words
    • Advertisement
      Lock icon Page 7 Advertisements Column 2
      93 7 WE ARE Driven to outperform United in our commitment to serving investors Guided by our time-tested investment process Singular in our mission to protect and enhance our clients' assets PIMCO N I Daniel Ivascyn Group CIO Virginie Maisonneuve CIO Global Equities Scott Mather CIO U.S. Core Strategies Mihir Worah CIO
      93 words
Page thumbnail Page 8
  • Page 8 Advertisements
    • Advertisement
      Lock icon Page 8 Advertisements Column 1
      447 8 ??p:r Strategies To Grow and Protect Your Property Investments All prices are inclusive of GST pESfe EfigSas fssil SB3S 5 KB m PiS3 a m I SIS B Early bird price ends 10 Nov 2014 WHY ATTEND? ♦Terms and Conditions apply Seminar fee includes refreshments a buffet lunch at Suntec
      447 words
Page thumbnail Page 9
  • Page 9 Advertisements
    • Advertisement
      Lock icon Page 9 Advertisements Column 1
      1852 9 ADVERTORIAL Pinnacle of scientific achievement previously known as the National Science and Technology Awards which had been given out since 1987. The awards were elevated to the status of the President’s awards in 2009 to give due recognition to the critical role research scientists and engineers play in Singapore’s development.
      1,852 words
Page thumbnail Page 10
Page thumbnail Page 11
  • THE DIVERSITY ADVANTAGE
    • Article, Illustration
      Lock icon Polishing performance to a shine
      1047 11  -  New research shows that boards of Singapore-listed companies with diversity in gender, ethnicity and age outdo their peers. BY FRANCIS KAN EVEN as more women take their seats in the boardrooms of Singapore-list-ed companies, a new study has showed that diversity in the board beyond
      PHOTO: FREEEIMAGES  -  1,047 words
    • Article, Illustration
      Lock icon Snapshot of Singapore’s board diversity
      605 11 SOURCE: SINGAPORE DIVERSITY REPORT 2014 Gender diversity I Female representation in SGXlisted company boards marginally increased to 8.3 per cent in 2013, up from 7.9 per cent in 2012. I Singapore remained behind its peers in the region and at about half of the percentages
      SOURCE: SINGAPORE DIVERSITY REPORT 2014; Source: CGIO Database  -  605 words
Page thumbnail Page 12
Page thumbnail Page 13
Page thumbnail Page 14
  • REAL ESTATE
    • Article, Illustration
      Lock icon UK construction sector grows at weakest pace in 5 months in Oct
      419 14 Signs of a housing market slowdown caused a slack in the building of new homes REUTERS London BRITAIN’S construction sector expanded at the weakest rate in five months in October as signs of a housing market slowdown caused
      REUTERS; PHOTO: REUTERS  -  419 words
    • Article
      Lock icon Uptick in bubble index points to rising risks in Switzerland property
      362 14 BLOOMBERG Zurich RISKS to the Swiss real estate market increased in the third quarter, their first “significant” rise since mid-2013. The UBS Swiss Real Estate Bubble Index rose to 1.29 points in the three months through September from 1.24
      BLOOMBERG  -  362 words
    • Article
      Lock icon UK chain Premier Inn to open in Singapore
      279 14  -  By Nisha Ramchandani nishar@sph.com.sg @Nisha_BT Singapore UK-BASED hotel operator Premier Inn is opening its first hotel in Singapore, the 300-room Premier Inn Singapore Beach Road, in mid-2016 as part of its global expansion plans. This comes as the group plans to scale
      279 words
    • Article
      Lock icon GIC may be selling Sunway stake worth more than RM400m
      175 14 REUTERS Kuala Lumpur SINGAPORE’S investment agency GIC is selling a stake worth more than RM400 million (S$ 155 million) in Malaysia’s property-to-construction conglomerate Sunway, according to a term sheet seen by Reuters on Tuesday. The shares are being priced in
      REUTERS  -  175 words
    • Article
      Lock icon Baghdad mansions are hot property for Iraqi elite
      698 14 BLOOMBERG Istanbul ISLAMIC State militants may be at the approaches to Baghdad yet members of Iraq’s Shi’ite Muslim elite are offering cash for US$1 million homes in the capital’s sought-after Zayouna neighbourhood. Gilded mansions with Jacuzzis in Italian marble bathrooms and armoured
      BLOOMBERG  -  698 words
    • Article
      Lock icon HomeAway says San Francisco law favours Airbnb
      426 14 BLOOMBERG San Francisco HOMEAWAY Inc, the Texas-based online vacation rental company, has sued San Francisco to overturn a new law legalising short-term rentals that it says favours hometown rival Airbnb and discriminates against other tourist rental businesses. An ordinance approved by city supervisors
      BLOOMBERG  -  426 words
  • Page 14 Advertisements
    • Advertisement
      Lock icon Page 14 Advertisements Column 1
      31 14 h'M $2 MILLION Estimated Draw on Thu, 6 Nov 2014 at 6.30pm For details, visit www.singaporepools.com.sg p Always play with care. responsibly] Do not bet illegally. RGB Reg No: *****0202G m
      31 words
Page thumbnail Page 15
  • BANKING & FINANCE
    • Article, Illustration
      Lock icon Banks’ misconduct costs a major risk for shareholders
      781 15  -  As at end-2013,10 banks had incurred total costs including fines, settlements and provisions of £157.4b By Neil Behrmann btworld@sph.com.sg London MULTIBILLION-DOLLAR US, European and Asian regulatory fines, settlements and civil litigation over alleged misconduct have become a major risk for bank shareholders.
      PHOTO: BLOOMBERG  -  781 words
    • Article
      Lock icon SEC fines 13 firms over sale of Puerto Rican junk bonds
      607 15 JPMorgan, UBS among those brought to task for violating new rule NYT REUTERS Washington UNITS of 13 major Wall Street firms, including JPMorgan and UBS, improperly sold bonds from Puerto Rico’s landmark March junk deal to retail investors who
      NYT; REUTERS  -  607 words
  • Page 15 Advertisements
    • Advertisement
      Lock icon Page 15 Advertisements Column 1
      101 15 ICON MOMENTS OUT NOW IN BOOKSTORES* K I N O K U N I YA M P H L P O P U L A R T I M E S wxajiim AVi-wu ttKift-i-Ti; xwawi GOOGLE STORE http://goo.gl/lZAySq APP STORE http://goo.gl/NbpRmK I C O N M O M E N
      101 words
    • Advertisement
      Lock icon Page 15 Advertisements Column 2
      154 15 WORLD’S FINEST SERVICED OFFICES SERVICED OFFICES For the 1-10 person business Fully furnished prestigious offices Business registration offices available Sea View Offices Available Now; First 3 Months Free on a 6 Month Lease Dedicated receptionist answering your calls the way you would like Meeting rooms, bilingual secretaries Global IT infrastructure
      154 words
Page thumbnail Page 16
  • ENERGY & COMMODITIES
    • Article
      Lock icon Saudi Arabia cuts crude oil prices to the US
      452 16 US oil production has increased 54% in past 3 years and is at a 30-year peak BLOOMBERG Dubai SAUDI Arabian Oil Co lowered the cost of its crude to the US, where production is the highest in three decades, deepening a
      BLOOMBERG  -  452 words
    • Article
      Lock icon Keppel Gas to buy LNG from Petronas
      327 16  -  By Malminderjit Singh msingh@sph.com.sg @MalminderjitBT Singapore KEPPEL Infrastructure Holdings has agreed to buy up to one million tonnes of liquefied natural gas (LNG) per year, over 10 years, from Petronas LNG, which will help boost Singapore’s growing LNG industry. The group announced on
      327 words
    • Article, Illustration
      Lock icon Indian firms build their own solar plants to beat power shortage
      833 16 REUTERS Mumbai FED up with constant electricity cuts and government-enforced “power holidays”, Indian IT firm ValueLabs has turned to the sun beaming down on its head office for help. In July, it finished building a 13 megawatt solar plant
      REUTERS; PHOTO: REUTERS  -  833 words
  • Page 16 Advertisements
    • Advertisement
      Lock icon Page 16 Advertisements Column 1
      115 16 POWER BREAKFAST POWER LUNCH Purchase a copy of THE BUSINESS TIMES and get a $5 Spinelli voucher.* THE BUSINESS TIMES hA Kr.+i.l FIVE DOLLARS GIFT VOUCH 11 Share traders calling it a day as market volume dries up "1 I (SPINELLI fuel \jtyi Iba+fllU Grab one from 5-7 Nov 2014
      115 words
    • Advertisement
      Lock icon Page 16 Advertisements Column 2
      91 16 PabienbCare Asia 2014 2nd Annual PCA 10-12 November 2014 Suntec Singapore Convention Exhibition Centre www.patientcareasia.com Event Highlights Network with 250+ healthcare leaders and practitioners Learn from 10 case studies from top hospitals across Asia Opening keynote by Randall Carter, Senior Vice President of Planetree, United States Special rates* for healthcare
      91 words
    • Advertisement
      Lock icon Page 16 Advertisements Column 3
      38 16 klSS92 FM place one n songs great All the i Op O On sOp no OpO o 3 Oo o BO Oo© Op. SOB O po o op 503 O BO "C°V/ o f>r/ol 'r D facebook.com/kiss92fm www.kiss92.sg
      38 words
Page thumbnail Page 17
  • Page 17 Advertisements
    • Advertisement
      Lock icon Page 17 Advertisements Column 1
      1353 17 ‘Birmingham Business School at the University of Birmingham has had a successful partnership with SIM Global Education for many years. We recognise the importance of relationships with international partners and this is an example of global higher education working at its best.’ ADVERTORIAL Taking the global route The University of
      1,353 words
Page thumbnail Page 18
  • TECHNOLOGY
    • Article, Illustration
      Lock icon Verizon and AT&T using supercookies
      708 18 Privacy advocates say the programs to track browsing behaviour are illegal WP Washington VERIZON and AT&T have been quietly tracking the Internet activity of more than 100 million cellular customers with what critics have dubbed “supercookies” markers so powerful that it’s difficult for even savvy
      WP; PHOTO: BLOOMBERG  -  708 words
    • Article
      Lock icon Work on Singapore’s new data centre kicks off
      386 18  -  By Amit Roy Choudhury amit@sph.com.sg @AmitRoyCBT Singapore WORK on Singapore’s first data centre focused on providing solutions for the media industry kicked off on Tuesday. Located at Marsiling Lane, the 214,000 square foot facility is being built for 1-Net by DataCentre One.
      386 words
    • Article
      Lock icon Xiaomi seeking funding at US$40-50b valuation: sources
      282 18 BLOOMBERG Beijing XIAOMI Corp is in talks for a funding round that values the smartphone maker at about US$40 billion to US$50 billion, people familiar with the matter said. The discussions are at an early stage and nothing is finalised, said the sources,
      BLOOMBERG  -  282 words
  • Page 18 Advertisements
    • Advertisement
      Lock icon Page 18 Advertisements Column 1
      70 18 Great Music. Great Fun. True Class. f-* f i .mt kiss92 All the great songs in one place Maddy, Jason Arnold In The Morning Weekdays 6;00am 10;00am i I p Claressa Monteiro Weekdays 10:00am- 2:00pm m m Si ■■WT.TTc,. fi v m mm..... if. >• it. Desiree Lai Weekdays 2:00pm-
      70 words
Page thumbnail Page 19
  • CONSUMER
    • Article, Illustration
      Lock icon De Beers reveals more facets of its business
      899 19 Openness aimed at drawing investors to owner Anglo American BLOOMBERG London DE Beers, the diamond producer that’s made secrecy a cornerstone of its business for more than 120 years, is pulling back the curtain to help bring more lustre to its owner
      BLOOMBERG  -  899 words
    • Article
      Lock icon Whiskey distiller Bushmills’ new owner has its work cut out
      586 19 BLOOMBERG London WHILE Bushmills has been around almost two centuries longer than rival Jameson, it lags behind the younger distiller in the growing Irish whiskey market highlighting the challenge facing its new owner, Jose Cuervo. Closely held Jose Cuervo, better
      BLOOMBERG  -  586 words
  • Page 19 Advertisements
    • Advertisement
      Lock icon Page 19 Advertisements Column 1
      1200 19 The Business Times NOTICES jubilee^ JUBILEE INDUSTRIES HOLDINGS LTD. (Incorporated in Singapore) (Company Registration No. *****4797H) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of Jubilee Industries Holdings Ltd. (the “Company”) will be held at No. 2 Woodlands Sector 1, #01-35 Woodlands Spectrum 1,
      1,200 words
    • Advertisement
      Lock icon Page 19 Advertisements Column 2
      1723 19 The Business Times NOTICES jubilee) JUBILEE INDUSTRIES HOLDINGS LTD. (Incorporated in Singapore) (Company Registration No. *****4797H) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of Jubilee Industries Holdings Ltd. (the “Company”) will be held at No. 2 Woodlands Sector 1, #01-35 Woodlands Spectrum 1,
      1,723 words
Page thumbnail Page 20
  • GOVERNMENT & ECONOMY
    • Article
      Lock icon Japan stocks hit 7-year high, yen continues slide
      587 20  -  Nikkei climb to continue on impact of BOJ easing, say analysts, though foreign investors may baulk at yen’s fall By Anthony Rowley btworld@sph.com.sg Tokyo LAST Friday’s surprise monetary easing by the Bank of Japan caused Japanese stock prices soaring further upward on
      587 words
    • Article, Illustration
      Lock icon Unwinding QE the challenge ahead, says former RBI chief
      541 20  -  By Kenneth Lim kenlim@sph.com.sg @KennethLimBT Singapore GETTING out of quantitative easing (QE) will be even trickier than getting in, and central banks around the world must deal with the challenges of an appreciating dollar, former Reserve Bank of India governor Duvvuri
      541 words
    • Article
      Lock icon Trade deficit widens to four-month high as US exports drop
      611 20 Weak exports point to slower growth LATEST US DATA BLOOMBERG Washington THE trade deficit in the US widened in September as exports cooled from a record, highlighting how weakening global growth will affect the world’s largest economy. The gap grew
      BLOOMBERG  -  611 words
    • Article
      Lock icon Malaysia’s GST to start as scheduled next April 1, reiterates PM Najib
      525 20  -  By Pauline Ng btworld@sph.com.sg Kuala Lumpur MALAYSIA will stick to the April 1 deadline to implement a 6 per cent goods services tax (GST) next year, Prime Minister Najib Razak reiterated on Tuesday. Amid calls to delay the
      525 words
    • Article, Illustration
      Lock icon Eurozone woes pressuring East EU states into more easing
      749 21 Economists forecast Poland and Romania will reduce rates, Czech officials will keep benchmark near zero BLOOMBERG London LOW inflation, flagging growth and the European Central Bank’s (ECB) stimulus bias will probably force Eastern members of the European Union to cut interest
      BLOOMBERG; PHOTO: REUTERS  -  749 words
    • Article
      Lock icon iPhone 6 boosts Australia Sept retail sales
      488 21 Upbeat retail data offsets soft job numbers REUTERS Sydney AUSTRALIAN retail sales expanded at the fastest pace in 19 months in September as consumers went on a buying frenzy for Apple’s new phones, giving a sizable boost to the entire economy in the
      REUTERS  -  488 words
    • Article
      Lock icon More US firms issue bonds to fund expansion
      641 21 Move shows that businesses have confidence in economy BLOOMBERG New York US companies are turning more to the bond market to fund expansions than at any time since 2008, a sign that businesses are finally showing some confidence in the economy after
      BLOOMBERG  -  641 words
  • Page 20 Advertisements
    • Advertisement
      Lock icon Page 20 Advertisements Column 1
      779 20 The Business Times NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.sphclass.com.sg/notices KINDER FAMILY CLINIC PTE. LTD. (In Members’ Voluntary Liquidation) (Co Reg No. *****2425D) NOTICE OF FINAL MEETING NOTICE is hereby given pursuant to Section 308(2) of the Companies Act, Cap. 50 that the Final Meeting of Members of the abovenamed
      779 words
Page thumbnail Page 21
  • Page 21 Advertisements
    • Advertisement
      Lock icon Page 21 Advertisements Column 1
      636 21 THE BUSINESS TIMES Ik liyn I 1 Toll free 1800-289-8822 I I I Email notices@sph.com.sg M M j M il www.sphclass.com.sg/notices RICKMERS MARITIME Registration Number: *****03 (Constituted under the laws of Singapore) Managed by Rickmers Trust Management Pte. Ltd. NOTICE OF BOOKS CLOSURE DISTRIBUTION PAYMENT DATE NOTICE IS HEREBY GIVEN
      636 words
    • Advertisement
      Lock icon Page 21 Advertisements Column 2
      977 21 GOODPACK LIMITED (UEN/Company Registration No. *****0547W) (Incorporated in the Republic of Singapore) Notice to holders of the outstanding S$62,000,000 4.25 per cent. Notes due 2016 comprised in Series 002 (ISIN: SG6S*****752) (the “Series 002 Notes”) S$65,000,000 4.70 per cent. Notes due 2017 comprised in Series 003 (ISIN: SG6V*****686) (the “Series
      977 words
Page thumbnail Page 22
  • TRANSPORT
    • Article
      Lock icon Ferry safety is a constant journey, not a destination
      691 22  -  And this applies not only to international services but particularly to domestic routes in developing countries TT STRAIT TALK BY DAVID HUGHES Hamburg GLOBALLY, ferries carry 2.2 billion passengers, 258 million cars and 40 million trailers a year. The worldwide ferry
      691 words
    • Article
      Lock icon NokScoot almost ready for take-off
      292 22  -  By Nisha Ramchandani nishar@sph.com.sg @Nisha_BT Singapore NOKSCOOT, the joint-venture carrier between Thai budget airline Nok Air and Singapore Airlines’ budget carrier Scoot, is nearly set for take-off. The medium- and long-haul budget carrier has been granted its air operator’s certificate (AOC) by Thailand’s Department of
      292 words
    • Article
      Lock icon Hyundai, Kia pay record penalty for overstating mileage
      596 22 REUTERS Washington SOUTH Korean carmakers Hyundai Motor Co and affiliate Kia Motors Corp will pay US$350 million in penalties to the US government for overstating fuel economy ratings in what officials said on Monday was the biggest settlement of its kind. The
      REUTERS  -  596 words
    • Article, Illustration
      Lock icon Chrysler leads gains in vehicle sales as oil prices fall
      763 22 NYT New York FALLING gas prices accelerated American car buyers’ increasing love affair with trucks and sport utility vehicles (SUVs) last month. And a big beneficiary was Chrysler, whose Jeep and Ram pick-up brands continued their surge, leading the carmaker
      NYT; PHOTO: REUTERS  -  763 words
    • Article, Illustration
      Lock icon Powered by a weaker yen, Nissan reports 16% jump in Q2 earnings
      526 22 BLOOMBERG Tokyo NISSAN Motor Co, Japan’s second-largest carmaker, reported quarterly profit that exceeded estimates as a weaker yen boosted earnings from the US and outweighed a slump in China and Japan. Net income rose 16 per cent to
      BLOOMBERG; PHOTO: AFP  -  526 words
    • Article
      Lock icon Berjaya Auto ‘prime beneficiary’ as yen weakens: Maybank
      473 23  -  Research house also says weaker Japanese currency may lift firm’s earnings by 11-17% over next three years By S Jayasankaran btworld@sph.com.sg Kuala Lumpur MAYBANK Research has singled out auto-parts and vehicle distributor Berjaya Auto (BJAuto) as possibly the biggest beneficiary of the
      473 words
    • Article
      Lock icon Planned RM1b AirAsia sukuk to open market to more investors
      621 23 BLOOMBERG Kuala Lumpur MALAYSIA is leading global sales of perpetual sukuk as a planned offer by Asia’s biggest budget airline brings Islamic finance to a broader range of investors. AirAsia will set up a RM1 billion (S$386 million) programme to
      BLOOMBERG  -  621 words
    • Article
      Lock icon Pacific shippers say dock crews are slowing down in Seattle, Tacoma
      578 23 BLOOMBERG Los Angeles PACIFIC Coast dockworkers negotiating a new labour agreement have begun a work slowdown in Seattle and Tacoma, management said on Monday, in the first large job action since their contract expired in July. The slowdown by
      BLOOMBERG  -  578 words
Page thumbnail Page 23
  • Page 23 Advertisements
    • Advertisement
      Lock icon Page 23 Advertisements Column 1
      84 23 m iW/m mu'? Vm M: "4 :»y •f/d. ?.tm m wwmm wdsm /A V// /////A VM m. m K- -sm /.'‘C-'A I f?/ y/ Apply makeup? fig* ■tti What can you do in 3 minutes? j.W' 3E ,1V s Si m Know the world! Scan the QR code now to
      84 words
Page thumbnail Page 24
  • OPINION
    • Article, Illustration
      Lock icon A country is not a company
      828 24  -  TT THE BOTTOM LINE By Paul Krugman T The writer is professor of economics and international affairs at Princeton University, and winner of the Nobel Prize in economics in 2008 Tokyo THE Bank of Japan (BOJ), this country’s equivalent of the Federal Reserve, has
      828 words
    • Article
      Lock icon All would benefit from greater transparency in TPP talks
      549 24 EDITORIAL DESPITE some happy talk about the pace of the Trans-Pacific Partnership (TPP) negotiations after the latest round in Sydney last week, it is obvious that a final agreement is a long way off. The biggest obstacle is, without doubt, the
      549 words
    • Article, Illustration
      Lock icon ALIGN STRATEGY WITH CULTURE
      1124 24  -  Culture change requires measuring values and behaviours important to staff and stakeholders, and engaging employees in dialogue about new work-life arrangements. BY JOANNA BARCLAY arrangements.BY JOANNA BARCLAY T The writer is the author of ‘Conscious Culture’, corporate leadership consultant of Culture Leadership Group, and keynote speaker
      FILE PHOTO  -  1,124 words
    • Article
      Lock icon Banks can scale new heights with data science
      845 25  -  TT COMMENTARY By Jayajyoti Sengupta T The writer is vice-president and head of Asean and Greater China at Cognizant AMID the ever-present Big Data buzz, some global banks have mastered the art of using data science and are already reaping benefits. Riding
      845 words
    • Article, Illustration
      Lock icon WHY HK NEEDS GOOD TABLE MANNERS
      1494 25  -  It’s time to jaw-jaw and pass the protest baton to more experienced hands. Will the democrats step up to the plate as foreigners and Facebook get the blame for the unrest? BY VIJAY VERGHESE unrest?BY VIJAY VERGHESE T This is sourced from Asian Conversations,
      PHOTO: REUTERS  -  1,494 words
  • Page 24 Advertisements
    • Advertisement
      Lock icon Page 24 Advertisements Column 1
      108 24 Singapore Press Holdings News Centre, 1000 Toa Payoh North, Podium Level 3, Singapore *****4 SPH 6319-6319 BT 6319-5360 FAX: 6319-8278 Customer service: 6388-3838 www.businesstimes.com.sg Press releases: btnews@sph.com.sg Letters: btletter@sph.com.sg chief executive officer singapore press holdings ALAN CHAN editor-in-chief (english malay newspapers division) PATRICK DANIEL senior executive vice-president (marketing)LESLIE FONG editor
      108 words
Page thumbnail Page 25
Page thumbnail Page 26
  • Article
    Lock icon Shipping times
    1711 26 MONTREAL 10 120 29/7 30/7 4/8 MONTREAL 10 120 29/7 30/7 4/8 EASTERN CAR LINER, LTD SPECIALIZE IN RORO HEAVY LIFT INTRA-ASIA SERVICE VOY Ramp(KT) Lifting(KT) SIN PKL KUC KK JKT SUR MALAYSIA STAR 39 50 10/11 12/11 16/11 18/11 SEIYO SPRING 1 60 12/11 14/11 17/11 19/11
    1,711 words
  • Page 26 Advertisements
    • Advertisement
      Lock icon Page 26 Advertisements Column 1
      106 26 Experienced ship maintenance services wanted. Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE WONG AT 9620 1327 THE BUSINESS TIMES SHIPPING TIMES Make A Splash In The Maritime World Via s|^3^naritime.coM Ahoy there! If you are in a business pertaining to any sector of
      106 words
    • Advertisement
      Lock icon Page 26 Advertisements Column 2
      121 26 C a ila n E n n o r e J e d d a h B r is b a Shanghai Chittagong n e Ho Chi Minh H o n g K o n g J e b e NYK RORO (ASIA) PTE. LTD. REGULAR SERVICE TO Persian Gulf,
      121 words
    • Advertisement
      Lock icon Page 26 Advertisements Column 3
      71 26 FREIGHT LINKS EXPRESS Customer Service Contact: *****535, *****553, *****541, *****522 MAIN LINE: *****511 Fax: *****595/77/28/29 Our export vessel sailing schedule can now be viewed on www.freightlinks.com.sg Please feel free to visit our web page also visit us on facebook http://www.facebook.com/FLESIN ALEXANDRIA MALTA KUMPORT LYTTELTON KOPER DUBLIN VALPARAISO ASHDOD USA HAYDARPASA
      71 words
Page thumbnail Page 27
  • LIFE & CULTURE
    • Article, Illustration
      Lock icon US films still reign supreme in global market
      1196 27 But government subsidies for local film have changed tastes in some regions of the world; industry sees global shift away from US product NYT Santa Monica, California TWICE in the last few months, there was a faint knock on the door of
      NYT  -  1,196 words
    • Article, Illustration
      Lock icon Early Apple-1 computer sold by Jobs up for auction
      423 27 AFP Los Angeles AN EARLY Apple device sold by Steve Jobs from his parents’ garage goes under the hammer in New York next month valued at US$400,000 to US$600,000 in an increasingly competitive computer relic market. Christie’s said that the Apple-1
      AFP; PHOTO: REUTERS  -  423 words
  • Page 27 Advertisements
    • Advertisement
      Lock icon Page 27 Advertisements Column 1
      19 27 blog.omy.sg/sgblogawards y*lljfcaaaa» Discover Greener Pastures Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Change of Address Notices
      19 words
  • Page 27 Miscellaneous
    • Miscellaneous
      Lock icon Page 27 Miscellaneous Column 1
      327 27 CRYPTIC CROSSWORD Across 1 Add to time given to flexible workforce (10) 6 Drink, but study intensively on the way back (4) 9 Cool man read out love letters? (3,4) 10 Side worried about main cause of sickness (7) 12 Factor in payment (13) 14 Caravans accommodating East European students
      327 words
Page thumbnail Page 28
  • EXECUTIVE MONEY
    • Article, Illustration
      Lock icon Rally likely to continue if US sustains growth
      1469 28  -  TT MONEY MATTERS By Shane Oliver The writer is head of investment strategy and chief economist at AMP Capital I HAVE long thought of the US Federal Reserve’s quantitative easing programme (QE) as a bit like a drip keeping a patient in
      1,469 words
    • Article
      Lock icon Sarine Tech top pick among industrials
      450 29 TT ON THE RADAR GLOBAL mutual funds were net buyers of Singapore equities in the three months to Oct 29. Some S$ 1.5 billion worth of stocks were purchased on an aggregate basis based on trades in the top five stocks, compared to sales
      450 words
    • Article, Illustration
      Lock icon EM equities may begin to outperform by next year
      729 29  -  By Genevieve Cua gen@sph.com.sg @GenCuaBT Singapore INVESTORS continue to spurn emerging-market (EM) equities, but Richard Titherington, JP Morgan Asset Management (JPAM) head of global emerging markets, says the region’s fortunes could begin to reverse by next year. “We’re in an environment
      729 words
  • Page 28 Advertisements
    • Advertisement
      Lock icon Page 28 Advertisements Column 1
      88 28 T O D AY S T H E M E Europe, Multi-Asset, Regular Income Europe, Multi-Asset, Regular Income 10 5 0 -5 -10 -15 -20 -25 -30 RATING DRIFT: QUALITY KEEPS IMPROVING Global Direction US Direction Europe Direction -35 11 Mar 12 Jun 12 Sep 12 Dec 12 Mar 13
      88 words
Page thumbnail Page 29
Page thumbnail Page 30
  • Page 30 Advertisements
    • Advertisement
      Lock icon Page 30 Advertisements Column 1
      163 30 MITSUBISHI ELECTRIC ASIA PTE L TD Opening Hours: Monday –Friday (8.30am –5.30pm) Capacity: Gross 560L Mitsubishi Electric Building, 307 Alexandra Road, Singapore *****3 Closed on Saturday, Sunday and Public Holidays •97 358»"" www.MitsubishiElectric.com.sg Capacity: Gross 420L/ Net 379L Tel: 6473 2308 Gold Award from 1999 -2014 2009 -2014 T erms
      163 words