The Business Times, 20 November 2014

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Total Pages: 60
1 32 The Business Times
  • 28 1 THE BUSINESS TIMES S$1.00 S|jh A SINGAPORE PRESS HOLDINGS PUBLICATION www.businesstimes.com.sg O DoBlBreakingnews CO REGN NO *****2868E MCI (P) 051/08/2014 I Wednesday, October 8, 2014 Thursday, November 20
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  • Article, Illustration
    235 1 Singapore recorded Asia-Pacific’s highest growth in prime office rentals of 19 per cent over the 12 months to end-September 2014. TOP STORIES 4 Morgan Stanley, a bulge bracket wall Street investment bank involved in some of the biggest IPOs, isn’t exactly a go-to private bank in Asia but
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  • 26 1 Wednesday Change STI 3,334.56 +20.83 KL COMPOSITE 1,824.39 +6.01 NIKKEI 225 17,288.75 -55.31 HANG SENG 23,373.31 -155.86 SHENZHEN B 964.33 -1.64 DOW(11am EST) 17,633.90 (-53.92)
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  • 751 1  -  JTC seen piloting project to test demand from firms in manufacturing-related services that have no production here By Kalpana Rashiwala kalpana@sph.com.sg @KalpanaBT Singapore IN what could be a precursor to the creation of a new class of space between office and light industrial JTC
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  • 774 1  -  By Anthony Rowley btworld@sph.com.sg Tokyo THE Policy Board of the Bank of Japan (BOJ) on Wednesday stuck to its view that the Japanese economy was continuing to recover moderately, despite sources close to the central bank admitting to the
    PHOTO: BLOOMBERG  -  774 words
  • Page 1 Advertisements
    • 298 1 *****4 CORPORATE GOVERNANCE Singapore ranked top in the Asia-Pacific TOP STORIES 2 AIRASIA X Carrier busts forecasts in third straight quarter of losses KAZAKHSTAN Adapting to changing times COUNTRY FOCUS 14-15 TRANSPORT 21 ONLINE ONLY The BT COE Tracker: an interactive chart with latest results and 10 years of data
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  • TOP STORIES
    • 840 2  -  Recent revisions to the CG Code and the SGX Listing Rules have enhanced the CG landscape here; UK pips US to lead global ranking By Michelle Quah michquah@sph.com.sg @MichelleQuahBT Singapore SINGAPORE ranks among the top countries in the world and the best in
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    • 439 2  -  By Nisha Ramchandani nishar@sph.com.sg @Nisha_BT Singapore CERTIFICATE of entitlement (COE) premiums were mostly higher in the latest bidding exercise on Wednesday, with the exception of the motorcycle category, where the premium dipped. The COE for Category A, for cars up to 1,600cc
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    • 981 2  -  By Kalpana Rashiwala kalpana@sph.com.sg @KalpanaBT Singapore JTC seems to be taking an incremental planning approach through the proposed intermediate zone between Business 1 (B1) and commercial uses. Had it opted for a big-sweep rezoning of some areas of Singapore from say B1 use to
      Illustration: Simon Ang  -  981 words
    • 394 2  -  By Amit Roy Choudhury amit@sph.com.sg @AmitRoyCBT Singapore HITACHI Asia, a subsidiary of Japanese tech giant Hitachi, has won a S$30 million contract from the Sentosa Development Corporation (SDC) to upgrade the Sentosa Express light rail system connecting Sentosa island with Singapore. Under the contract,
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    • 518 4 AFP New Delhi INDIA is emerging from its worst economic slowdown in a quarter-century, but needs big structural reforms to return to the 8-per cent-plus growth needed to generate jobs for its burgeoning young population, the OECD said on Wednesday. The
      AFP  -  518 words
    • 585 4  -  Tenants demanding good-quality space, now in limited supply. Average CBD rent in Singapore was at S$10.30 psf in Q3 By Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore SINGAPORE recorded Asia-Pacific’s highest growth in prime office rentals of 19 per cent over the 12 months to
      Source: JLL (Real Estate Intelligence Service), Q3 ‘14  -  585 words
    • 651 5  -  Group will leverage its investment and institutional banking business, says managing director By Siow Li Sen lisen@sph.com.sg @SiowLiSenBT Singapore MORGAN Stanley, a bulge bracket Wall Street investment bank involved in some of the biggest initial public offers, isn’t exactly a go-to
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    • 473 5  -  By Jamie Lee leejamie@sph.com.sg @JamieLeeBT Singapore WITH stricter rules forthcoming on unsecured lending by both banks and moneylenders in Singapore, a new association of debt collectors has emerged. Having this form of shadow banking up against the light comes as an estimated
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  • Page 5 Advertisements
    • 75 5 n fa -j Dr. Carol Choong, Senior Sales Director of HioorasDeKT s Thors Tor generations Floorrich Global Pte Ltd For Being Awarded the SME ONE ASIA AWARDS 2014 Emerging Award (Top 3) With Best Wishes From: STEADFAST Adamian April Chen BoonJunnWhye C K Wong Edwin lay Jessica Chua Joanne Lee
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  • COMPANIES & MARKETS
    • 793 6  -  Outlook downgraded because of uncertainty over China-based property developer’s recovery prospects in 2015 By Malminderjit Singh msingh@sph.com.sg @MalminderjitBT Singapore STANDARD Poor’s (S&P) Ratings Services said on Wednesday that it has revised its outlook on Yanlord Land Group to negative from stable. It also affirmed
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    • 262 6  -  By Mindy Tan tanmindy@sph.com.sg @MindyTanBT Singapore CITYSPRING Infrastructure Trust (CIT) was one of the top 20 traded counters by volume at the close of trading on Wednesday, with its counter rising three cents, or 5.8 per cent, to end trading at 54.5 Singapore
      Source: Bloomberg  -  262 words
    • 360 6  -  By Cai Haoxiang haoxiang@sph.com.sg @HaoxiangCaiBT Singapore A FEW stocks on the Singapore Exchange (SGX) will be affected by coming changes to the MSCI Singapore Index (SiMSCI) and the MSCI Singapore Small-Cap Index, said the Singapore Exchange (SGX) in a market update on Wednesday. From
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    • 332 7 REUTERS Seoul SAMSUNG Heavy Industries scrapped on Wednesday a US$2.5 billion takeover of Samsung Engineering due to shareholder opposition, a setback for parent Samsung Group’s restructuring plans ahead of a looming family succession. Stocks in both firms have fallen since the takeover
      REUTERS  -  332 words
    • 437 7  -  By Malminderjit Singh msingh@sph.com.sg @MalminderjitBT Singapore LAFE Corporation could soon be selling up to five units of its Emerald Hill residential property development to the wife of its chairman. The property investment and development company revealed on Wednesday that it will
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    • 590 7  -  Wealth of Republic’s UHNW individuals totals US$180b, up 12.5% from a year ago: report By Jamie Lee leejamie@sph.com.sg @JamieLeeBT Singapore SINGAPORE’S ultra high net worth (UHNW) population boosted their total net worth faster than the global average over the year,
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    • 104 7 REUTERS Singapore SINGAPORE’S Universal Terminal has begun pre-marketing the business trust initial public offering of its oil storage terminals that is looking to raise up to S$1 billion, IFR reported. Pre-marketing will continue for two weeks, with book-building expected to start on Dec
      REUTERS; 2010 FILE PHOTO  -  104 words
    • 291 7  -  By Cai Haoxiang haoxiang@sph.com.sg @HaoxiangCaiBT Singapore RATING agency Standard Poor’s said in a report that capital goods companies in the Asia-Pacific could face divergent rating trends, depending on their exposure to different segments and regions. Credit analyst Abhishek Dangra said: “Chinese and Australian
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    • Article, Illustration
      63 8 STI Catalist Straits Times Index NOV 19,2014 3,334.56 +20.83 (+0.63%) Current streak 2 days Day high 3,336.85 Day low 3,326.08 52-week high 3,374.06 (July 31, 2014) 52-week low 2,960.09 (Feb 5, 2014) FTSE ST Catalist Index NOV 19,2014 794.29 +2.54 (+0.32%) Current streak 2 days Day high 799.17 Day low
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    • 696 8  -  21 per cent of the S$1.1 billion market turnover comes from the three banking stocks TT STOCKS By R Sivanithy sivan@sph.com.sg @RSivanithyBT THE play on banks that has been a mainstay of trading this whole year and has provided support for the main index
      Source: Bloomberg  -  696 words
    • 307 8 Stock name Close Change Day high/low 52w high 52w low PE Div yield Mcap Ascendas Reit 228 -1 229/226 250 206 6.2 5760.9 CapitaLand 323 unch 325/321 348 268 16.2 2.5 *****.5 CapitaMall Trust 197.5 -1 198/196 209 180 5.2 6849.9 CityDev 988 +9 994/974 1118 860 13.4
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    • 36 8 VOLUME Charisma Energy 98,665,000 Genting Sing 56,201,000 IHC 49,889,000 Vallianz 48,809,000 JES Intl 39,359,000 Market volume 1,537,728,000 VALUE OCBC Bank 116,521,820 SingTel 69,588,250 DBS Grp 66,010,270 Genting Sing 61,683,567 UOB 53,060,470 Market value 1,109,488,000
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    • 111 8 Most Active Fund Last sale +/-(‘000) Day high/low 52w high/low Buy/Sell Mcap IS MS India US$ US770 -5 156 778/769 779/541 768/770 96.3 STI ETF 336 +2 122 336/335 343/298 336/337 UETF SSE50China 162 +2 113 163/162 173/140 162/164 50.6 GLD US$ US***** +41 20 *****/***** *****/***** *****/*****
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    • 77 8 Nov 19 VALUE CLOSE BT OB/OS -291.00 +136.00 BT CADI -*****.00 +63.00 BT 10-day MA -*****.00 -29.00 FTSE ST Mid Cap 749.24 +1.99 FTSE ST Small Cap 517.01 +2.24 FTSE ST All Share 802.03 +4.45 FTSE ST China Top 191.35 +0.41 FTSE ST China 225.41 +1.28 FTSE
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    • 35 8 STI FTSE ST All-Share FTSE ST All-Share index NOV 19,2014 802.03 +4.45 (+0.56%) Current streak 2 days Day high 802.12 Day low 800.27 52-week high 819.39 (July 31, 2014) 52-week low 722.35 (Feb 5, 2014)
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    • 33 8 STI MSCI EAFE MSCI EAFE index NOV 18,2014 1,826.15 +21.01 (+1.16%) Current streak 1 day Day high 1,826.69 Day low 1,802.79 52-week high 1,995.49 (July 3, 2014) 52-week low 1,714.64 (OCt 16, 2014)
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    • 186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 6 6 4 0 0 0 6 6 4 Manufacturing 44 42 47 8 6 14 52 48 61 Commerce 20 19 16 9 2 5 29 21 21 Tpt/Stor/Comms 19 9 12
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    • 121 8 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 20,702 20,702 70,582 70,582 Manufacturing 217,251 68,855 286,106 116,192 8,253 124,445 Commerce 71,504 101,825 173,329 66,596 9,043 75,639 Tpt/Stor/Comms 76,250 568 76,818 133,438 205 133,643 Finance 31,280 73 31,353 256,849 15 256,865 Construction 16,099 103,820
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    • 74 8 BY CENTS CLOSE UP 52w high/low DBXT S&P500 US$ 3438 56.0 1.3 3438/2880 GLD US$ ***** 53.4 0.4 *****/***** DBS Bk 4.7% NCPS ***** 35.0 0.3 *****/***** JSH USD 3531 33.8 0.7 3810/3006 DBS Grp 1972 25.0 1.3 1977/1565 BY PERCENTAGE CLOSE UP 52w high/low Novo 23 65.5 9.1
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    • 79 8 BY CENTS CLOSE DOWN 52w high/low DBXT Nifty US$ ***** -184.8 -1.0 *****/9759 Lyxor ChiaH US$ 1427 -52.1 -2.7 1570/1221 Hyflux 6% CPS ***** -29.0 -0.3 *****/***** Kep Corp.ES.1411 927 -25.0 -2.6 952/927 Lyxor EM Mkt US$ 1020 -16.9 -1.3 1136/946 BY PERCENTAGE CLOSE DOWN 52w high/low Digiland Intl
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    • 82 8 VOL CLOSE($) CHANGE BlueSkyPower 1,959.0 0.071 +0.018 +33.96 Novo 280.0 0.230 +0.091 +65.47 Next-Gen Sat 22,654.0 0.004 +0.001 +33.33 China Intl 155.0 0.044 +0.010 +29.41 Craft Print 605.0 0.111 +0.012 +12.12 CitySpring Trust 25,245.0 0.545 +0.030 +5.83 Keppel Infra Tr 5,413.0 1.090 +0.045 +4.31 Frencken 2,585.0 0.220 -0.020
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    • BROKERS’ TAKE
      • 146 8 Neptune Orient Lines Buy Nov 19 close: S$0.76 Target price: S$1.01 UOB Kay Hian Research, Nov 19 “Buy” on cheap valuation. Neptune Orient Lines’ (NOL) share price has dropped 22 per cent since end-June to a five-year low, driven by the expectation of a third year of losses, weak freight
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      • 137 8 Buy Nov 19 close: S$0.52 Target price: S$0.91 OSK-DMG Research, Nov 19 A slow start, but solid earnings visibility ahead. During the quarter, the group booked contributions from its Singapore projects, most of which were substantially sold. We expect these projects to deliver more than S$700 million of
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      • 188 8  -  Compiled by Chan Yi Wen Buy Nov 19 Close: S$0.315 Target price: S$0.60 UOB Kay Hian Research, Nov 19 QT Vascular has all the right ingredients as a possible takeover target exceptional topline growth, expanding product acceptance and an innovative product growth strategy. We expect its 120-140 per
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      • 5 8 Singapore wholesale Trade index
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    • 385 9 TT CURRENCIES REUTERS London THE US dollar hit a seven-year high against the yen on Wednesday ahead of Federal Reserve minutes that could shed more light on the divergence in monetary policy between the US central bank and its major global peers. The yen
      REUTERS  -  385 words
    • FOREX RATES
      • 471 9 NOV 19 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.981 5.304 0.691 6.720 53.592 105.242 1.017 9.592 2.912 1.101 88.072 39.055 1.128 9.565 0.830 26.719 28.445 0.555 0.867 Canada 1.019 5.405
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      • 155 9 Nov 19 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1276 1.1289 0.8663 0.8668 Canadian dollar 1.1491 1.1502 0.8832 0.8828 Euro 1.6314 1.6327 1.2534 1.2536 NZ dollar 1.0237 1.0250 0.7865 0.7870 Sterling pound 2.0326 2.0343 1.5616 1.5620
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      • 22 9 NOV 19 S$ Bid Offer 1-month 1.3017 1.3027 2-months 1.3018 1.3026 3-months 1.3018 1.3026 6-months 1.3018 1.3027 Source: OCBC
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    • EQUITY BONDS WARRANTS FUTURES
      • 368 9 Nov 19 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.31 *****.57 *****.76 Dec14 *****.00 *****.00 *****.00 *****.00 *****0 *****3 Mar15 *****.00 *****.00 *****.00 *****.00 634 3718 MSCI TAIWAN INDEX FUTURES SPOT 331.68 335.67 330.62 Nov14 330.10 336.50 329.80 335.60 ***** *****2 Dec14 330.00
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      • 208 9 Most active Nov 19 Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Rowsley Ltd W*****3 4.3 0.9 ***** 1 18 23 Top Global Ltd W*****9 0.2 unch ***** OCBC Bk MB eCW*****3 10.2 1.8 4200 0.2 1060 5 DBS
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      • 373 9 In local curr In S$ In US$ dy yr dy yr dy yr Nov 18 Index Change Change Change Change Change Change World Preliminary 1273.7 0.6 7.5 0.6 6.8 0.7 4.0 EAFE Preliminary 986.5 0.9 3.2 1.0 -2.1 1.2 -4.7 Europe Preliminary 1381.5 0.8 2.0
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    • BANK RATES
      • 154 9 Nov 19 $S Offer Bid 0vernight 0.08 0.03 1-month 0.4375 0.3125 2-months 0.4375 0.3125 3-months 0.4375 0.3125 Overnight mode: 0.16 US$ 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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      • 36 9 NOV 19 (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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      • 63 9 Nov 19 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year NY*****F 3.75 01-Sep-16 105.75 105.77 105.77 5-Year N*****0H 1.625 01-Oct-19 100.59 10-Year NY*****H 3.000 01-Sep-24 105.99 106.00 106.00 15-Year NY*****E 2.875 01-Jul-29 102.39 102.49 102.40 20-Year NZ*****V 3.375 01-Sep-33 107.94 30-Year NA*****N
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    • AGRI METALS ENERGY
      • 212 9 NOV-18 Price Net change change Last Trade Agricultural Nov-18 CBOT Soybeans (US cents/bu) 1023.25 -13.00 -1.25% 14/01/2015 CBOT Soybean Oil (US cents/lb) 32.65 0.20 0.62% 12/12/2014 CBOT Wheat (US cents/bu) 549.00 -2.75 -0.50% 12/12/2014 Nov-18 LIFFE Cocoa (£/tonne) 1889.00 -8.00 -0.42% 12/12/2014 LIFFE Coffee (US$/tonne) 2068.00 3.00 0.15%
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      • 57 9 NOV 19 KLCE Palm Futures (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Nov 14 2239.0 2234.0 2246.0 2232.0 195 8415 Dec 14 2243.0 2242.0 2263.0 2231.0 7743 ***** Jan 15 2247.0 2245.0 2270.0 2236.0 ***** ***** Feb 15 2250.0 2252.0
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    • 462 10  -  Revenue up 23.4% at S$41.5m; group expects market conditions to stay challenging By Chan Yi Wen yiwenc@sph.com.sg @ChanYiWenBT Singapore INCREMENTAL revenue from energyrelated projects drove CosmoSteel Holdings’ fourth-quarter net profit up 74.1 per cent to S$2 million for the three
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    • 253 10  -  By Chan Yi Wen yiwenc@sph.com.sg @ChanYiWenBT Singapore AGRI-BUSINESS group Olam International has secured revolving credit and term loan facilities aggregating US$2.475 billion, the company announced on Wednesday. The facilities consist of three equal tranches of US$825 million each a 364-day revolving
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    • 277 10  -  By Malminderjit Singh msingh@sph.com.sg @MalminderjitBT Singapore SGX Catalist-listed Neo Group has introduced three new brands and concepts to capture a wider market segment and further enhance its brand name. The food catering group announced on Wednesday that it had opened LJJ Café, a
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    • 246 10 BLOOMBERG New York OF ALL the megamergers announced this year, Halliburton Co’s US$35 billion takeover of Baker Hughes Inc is promising the most aggressive cost cuts. Halliburton, an oilfield-services provider, says it can slash US$2 billion after acquiring its similar-sized rival.
      BLOOMBERG  -  246 words
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  • Page 10 Advertisements
    • 1669 10 The Business Times Ik 1 1 Toll free 1800-289-8822 I I Email noticesgsph.com. sg J V www.sphclass.com.sg/notices JK TECH HOLDINGS LIMITED (Company Registration No. *****0813H) (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN THAT an extraordinary general meeting (“EGM”) of JK Tech Holdings
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    • 369 10 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF CRAWFORN PTE LTD (Company Registration No. *****6475R) (In Members’ Voluntary Liquidation) NOTICE TO CREDITORS NOTICE IS HEREBY GIVEN that the creditors of CRAWFORN PTE LTD, which is being voluntarily wound up, are required on or before
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    • 516 10 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF (1) CITY CAPITAL CORPORATION PTE LTD Co. Reg. No. *****2117N (2) DARFERAPTELTD Co. Reg. No. *****2454E (3) HIGHGROVE INVESTMENTS PTE LTD Co. Reg. No. *****5119E (IN MEMBERS’ VOLUNTARY LIQUIDATION) Extract of the minutes by corporate representatives
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  • REAL ESTATE
    • 1122 11 Surge fuelled by thriving economy, as well as strong demand from mainland Chinese and limited land supply NYT Hong Kong THERE are breathtaking views of Victoria Harbour from a 23rd-floor apartment that recently sold for US$722,000 in the new Le Riviera building.
      NYT; PHOTO: BLOOMBERG  -  1,122 words
    • 1052 12 Residents torn between disfiguring 19th-century skyline and new office space that may rejuvenate neighbourhood NYT Paris THE last skyscraper built in Paris opened in 1973, an unadorned dark block, rising 59 stories the Montparnasse Tower. It was considered a disaster. To this
      NYT; PHOTO: REUTERS  -  1,052 words
    • 896 13 They warn that proposed caps on mortgage loans, meant to prevent another credit bubble, will hurt young buyers BLOOMBERG Dublin IRISH politicians and bankers agree that easy credit was ultimately to blame for the collapse of the country’s economy. Now they agree that
      BLOOMBERG; ST FILE PHOTO  -  896 words
    • 223 13 BLOOMBERG Hong Kong AIG Global Real Estate, a unit of American International Group Inc, is seeking at least US$450 million from the sale of a luxury hotel in the South Korean capital, people with knowledge of the matter said on Wednesday. AIG’s Korean real
      BLOOMBERG  -  223 words
    • 406 13 BLOOMBERG New York PARAMOUNT Group Inc, an office landlord, has raised US$2.3 billion in its initial public offering, the largest ever for a US real estate investment trust. The New York-based company priced 131 million shares at US$17.50 each. Listed on the New York
      BLOOMBERG  -  406 words
    • 262 13 BLOOMBERG Hong Kong HILTON Worldwide Holdings Inc, the hotel operator controlled by Blackstone Group LP, is seeking at least A$400 million (S$450.2 million) from the sale of a Sydney hotel, people with knowledge of the matter said. The hotel chain appointed
      BLOOMBERG  -  262 words
    • 793 16 Many want to avoid spots that are hard for lawmakers and constituents to reach BLOOMBERG Washington FRESHMAN members of the House of Representatives are playing the lottery, though cash isn’t the prize. Instead, they want a decent office they can call home
      BLOOMBERG  -  793 words
    • 1298 16 Property transactions for districts 3 to 28 with contract dates between Oct 8 and Oct 14,2014 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT -IN/LAND AREA*(SQ FT) PRICE (S$’000) PSF (S$) District 3 NON-LANDED Commonwealth Twr Apt 13/10/2014 99 797 1174 1473 Highline Residences Apt 10/10/2014 99
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    • 494 16 AFP Mexico City MEXICO’S first lady announced late Tuesday that she was putting her US$4 million private mansion on sale to end a controversy over her purchase of the property from a government contractor. Pushing back at suggestions of a conflict of interest, Angelica
      AFP; PHOTO: AFP  -  494 words
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  • Page 13 Advertisements
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    • 203 13 m A Singapore Based Boutique Real Estate Broker Focusing on Commercial Real Estate In Central Region Of Singapore Regional Cities We Deal With The Following Types Of Assets: Singapore 3 4 Star Hotels Office Retail Buildings Prime Freehold Strata Office Floors Strata Retail Office Units Boutique Budget Hotels Freehold F&B
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  • COUNTRY FOCUS: KAZAKHSTAN
    • 2020 14  -  Kazakhstan is putting new economic plans in place to ride out the current turbulence and prepare for the future.BY future.BY VINCENT WEE REFLECTINGchanging global realities, Kazakhstan President Nursultan Nazarbayev is putting in place a new economic policy called Nurly Zhol, or Path to the Future, which
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    • 563 15  -  Kazakhstan believes it can provide useful expertise in nuclear, energy, food, and water security in launching its bid for a non-permanent United Nations Security Council seat. BY VINCENT WEE BY VINCENT WEE Kazakhstan first declared its intention to seek a non-permanent seat on the UN
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    • 724 15  -  By Vincent Wee KAZAKHSTAN, due to its geographical position, has tremendous advantages as a transit hub for logistics and transportation. However there are also challenges involved as its territory is vast. Plans to build up this infrastructure will require large investments and much
      724 words
    • 348 15  -  By Vincent Wee THE investment climate for tourism in Kazakhstan is looking increasingly good with abundant opportunities. Tourism industry development is expected to attract up to US$6 billion in private investment in this sector by 2020, according to the best case scenario forecasts. Planned legislative changes
      PHOTO: REUTERS  -  348 words
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    • 139 15 DID YOU KNOW INST. 1 recycled tin can would save enough energy to power a television for 3 hours? 1 recycled glass bottle would save enough energy to power a computer for 25 minutes? 1 recycled plastic bottle would save enough energy to power a 60-watt light bulb for 3
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  • BANKING & FINANCE
    • 626 17 REUTERS London THE Bank of Japan’s (BOJ) latest money printing is adding fresh sparkle to Japanese investors’ romance with French government bonds as they look abroad for alternatives to the diminishing returns on domestic debt. “Mrs Watanabe” the moniker used in
      REUTERS  -  626 words
    • 802 17 White-collar boxing growing in popularity as some find it a good way to keep fit and a chance to blow off steam despite the injuries AFP London GASPING for breath and bleeding from a thick lip, Nick “Suicide”
      AFP; PHOTO: AFP  -  802 words
    • 454 17  -  By S Jayasankaran btworld@sph.com.sg Kuala Lumpur IN A reflection of the generally-lack-lustre loan-growth environment for banks, AMMB Holdings announced a marginal 1.2 per cent rise in net earnings to RM445.8 million (S$ 173.1 million) for its second quarter ended Sept 30 on
      454 words
    • 489 17 WP Hong Kong HONG Kong’s appeal to the financial community has withstood prodemocracy protests that threatened to become the city’s biggest political crisis in decades, according to a Bloomberg Global Poll. Eighty-seven per cent of the survey’s 510 respondents said that the democracy
      WP  -  489 words
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    • 16 17 Grow Your Stock Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Mergers Acquisitions Notices
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    • 47 17 REDEFINING IDEAS 4 printpack+sign Singapore’s printing, packaging signage business exhibition ftj H? >4 l« wy.wiij, M s A mm 29-31 JULY 2015 Marina Bay Sands, Singapore www.PrintPackSign.com Interested to exhibit? Tel: (65) 6848 5938 Email: PrintPackSign@bizlink.coiri.sg Organised By: BIZLINK Exhibition Services Pte Ltd A SUBSIDIARY OF S|£l
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    • 366 17 MR ROBERT C S TAY LEARN THE WINNING STRATEGIES OF INVESTMENT LEGENDS WARREN BUFFETT, BEN GRAHAM, PHILLIP FISHER, PETER LYNCH AND JOHN TEMPLETON! COURSE HIGHLIGHTS To empower participants with the tactical knowledge and expertise in stock valuation, certainly a useful tool in volatile markets. A key focus of the course
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  • ENERGY & COMMODITIES
    • 650 18 Halliburton/Baker Hughes deal is far from closed, and it is anyone’s guess where oil prices will be when the two actually begin to operate as one REUTERS New York LOW oil prices that threaten producers’ profits may be
      REUTERS; PHOTO: BLOOMBERG  -  650 words
    • 317 18 REUTERS London OPEC needs to cut its oil output by up to one million barrels per day (bpd) at its meeting next week, a delegate from one of Opec’s smaller producers said, as oil prices that have slid to
      REUTERS  -  317 words
    • 251 18 REUTERS Sao Paulo A GRAFT investigation at Brazilian state-run oil company Petroleo Brasileiro SA (Petrobras) is hurting the credit outlook for major suppliers accused of participating in the alleged bribery scheme, Moody’s Investors Service said on Tuesday. Moody’s downgraded its rating of Mendes
      REUTERS  -  251 words
    • 268 18 BLOOMBERG Chicago THE prices of corn, soya beans and wheat fell on Tuesday with the corn market declining the most in two weeks amid signs of ample supply as a record harvest advanced in the US, the world’s biggest grower. Eighty-nine per cent of
      BLOOMBERG  -  268 words
    • 371 18 REUTERS Jakarta INDONESIA will increase imports of higher quality unsubsidised fuel by 600,000 barrels in December to help meet an expected quadrupling of demand after the government hiked prices for subsidised fuel, an energy official said on Tuesday. Indonesian President Joko Widodo
      REUTERS  -  371 words
    • 696 18 WP Richmond, Virginia THE US Forest Service has backed off a proposal to ban fracking in the George Washington National Forest a move likely to upset conservationists who oppose the controversial drilling practice. Under a final plan that was set for
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    • 56 18 fb.com/ComexITShow www.itshow.com.sg 19-22 MAR 2015 SUNTEC Singapore, Levels 3, 4 &6 12pm 9pm FREE ADMISSION 12pm 9pm Sellyourtechproducts &servicesatSingapore’s LARGESTI.T,digital, mobile&consumer electronicsexhibition! Book Your Space NOW! *Limited Booths Available For more information, call *****620 or email to sales@exhibitsinc.com.sg ORGANISED BY: Organiser of IT SHOW, Food and Beverage Fair, COMEX, World
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  • TECHNOLOGY
    • 861 19 Riding on US listing and IPO fame, the Internet giant plans US$8b issue Asia’s biggest with higher yield premium likely BLOOMBERG Singapore JACK Ma had to play down Alibaba Group Holding’s China roots during a world-record initial public offering (IPO).
      BLOOMBERG  -  861 words
    • 348 19 BLOOMBERG Stockholm SPOTIFY Ltd, the music-streaming service that is tackling criticisms from artists such as Taylor Swift, said that the recent backlash will not deter its ambition to keep up growth and broaden its reach. The service, with more than 50 million users, plans
      BLOOMBERG  -  348 words
    • 377 19 AFP Sydney US ONLINE entertainment powerhouse Netflix said on Wednesday that it would move into the Australian and New Zealand markets as it expands further internationally before the launch of a new rival. Netflix has pioneered online streaming of original content,
      AFP; PHOTO: AFP  -  377 words
    • 361 19 BLOOMBERG Johannesburg ICANN, the gatekeeper for Web addresses, said government attempts to impose rules on the Internet are doomed to fail as the group seeks to end its own formal ties with US legislators. Governments can’t effectively enforce laws on
      BLOOMBERG  -  361 words
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    • 1894 19 The Business Times NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.sphclass.com.sg/notices LAFE CORPORATION LIMITED (Company Registration No. *****) (Incorporated in Bermuda on 8 April 1999) NOTICE OF SPECIAL GENERAL MEETING NOTICE IS HEREBY GIVEN that a Special General Meeting of Lafe Corporation Limited (the “Company”) will be held on Friday 5
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  • CONSUMER
    • 882 20 Biggest campaign in firm’s 56-year history is promoting changes in just about every aspect of its identity NYT New York MUCH is at stake as Pizza Hut began on Wednesday what executives are calling the biggest campaign in its 56-year history, promoting changes in
      NYT; PHOTO: BLOOMBERG  -  882 words
    • 902 20 Firm turns to world of warcraft as it tries to recover from food scandal NYT Shanghai MCDONALD’S Corp is enlisting the orcs and elves of the World of Warcraft in its fight to win over Chinese consumers scared away by food safety scandals.
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    • 430 20 REUTERS Mumbai THE head of Future Group, one of India’s largest and most established retailers, admits that he cannot keep up with websites such as Snapdeal and Flipkart when it comes to spending money to entice shoppers to buy online. Private investors
      REUTERS  -  430 words
    • 328 20 AFP New Delhi THE deaths of 13 Indian women allegedly given tainted antibiotics after undergoing sterilisation surgery have raised fresh questions about India’s giant drug industry, already under international scrutiny over its troubled safety record. India exports US$15 billion in over-the-counter and generic
      AFP  -  328 words
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    • 38 20 POET IQBAL Cultural Medallion winner’s love for Singapore is reflected in his poems ANDHRA PRADESH CM IS A MAN ON A MISSION GET YOUR COPY TOMORROW FROM ALL 7-ELEVEN OUTLETS TO ADVERTISE: CALL KALWANT (*****327) OR NISHAL (*****438)
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  • GOVERNMENT & ECONOMY
    • 506 22 But jump in permits to near 6-1/2-year high is an indication housing market is regaining strength LATEST US DATA REUTERS, BLOOMBERG, AFP Washington US housing starts unexpectedly fell in October, but a jump In permits to near a 61/2 -year high suggested the housing
      REUTERS,; BLOOMBERG,; AFP  -  506 words
    • 614 22 BLOOMBERG Hong Kong HONG Kong police will help clear pro-democracy protest sites in the Mong Kok district as soon as preparations are complete, amid signs of escalating tension after some demonstrators broke into lawmakers’ offices. A small group
      BLOOMBERG; PHOTO: REUTERS  -  614 words
    • 604 22 Economists’ survey shows more than half expect Swiss central bank to extend 1.20/euro ceiling till at least 2017 BLOOMBERG Zurich SWITZERLAND’S central bank will keep its cap on the franc into 2017 to ward off the effects of the
      BLOOMBERG  -  604 words
    • 391 22 REUTERS Brussels JAPAN needs to open up its beer market to European exports if Tokyo and Brussels are to agree on one of the world’s biggest free trade deals next year, according to an EU document
      REUTERS  -  391 words
    • 367 22 AFP Jakarta A CHRISTIAN was inaugurated on Wednesday as governor of the Indonesian capital for the first time in 50 years, despite weeks of protests from Islamic hardliners in the world’s most populous Muslim-majority country. Basuki Tjahaja Purnama, also the first person from the
      AFP; PHOTO: AFP  -  367 words
    • 848 23  -  Economist executive editor says the Bank of England may raise interest rates, followed by the US Federal Reserve By Malminderjit Singh msingh@sph.com.sg @MalminderjitBT Singapore 2015 may be quite a volatile year economically, as interest rates and the movement of
      BT FILE PHOTO  -  848 words
    • 933 23 Spending spree sparks fears over nation’s growing power and political motives AFP Beijing CHINA’S inexorable economic rise is set to see it become a net global investor after decades of Western money flowing into the country, but analysts warn the change offers risks
      AFP; PHOTO: BLOOMBERG  -  933 words
    • 718 23 BLOOMBERG Singapore RUSSIA’S economy will sink into a recession next year if the price of oil slumps to US$60 a barrel and the United States and its allies tighten sanctions over the conflict in Ukraine, Finance Minister Anton Siluanov said.
      BLOOMBERG  -  718 words
    • 494 23 REUTERS Tel Aviv AT the United Nations General Assembly in New York in September, Israeli Prime Minister Benjamin Netanyahu set aside time for a critical meeting. But it wasn’t US President Barack Obama he was keen to
      REUTERS  -  494 words
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  • OPINION
    • 562 24 EDITORIAL THE upcoming meeting of the Organization of Petroleum Exporting Countries (Opec) in Vienna on Nov 27 has been billed as likely to be one of its toughest yet, and with good reason. Whatever happens at the meeting, there is little prospect
      562 words
    • 823 24  -  TT THE BOTTOM LINE By David Mason T The writer, a business communications consultant in the UK, was a Price Waterhouse Singapore partner for 18 years in the 1980s and 1990s THE accounting scandal at Tesco, the United Kingdom’s biggest retailer, has entered a sinister stage. It
      823 words
    • 1349 24  -  But more important than rankings, however, is that the quality of education must be improved significantly so that graduates receive the skills they need for employment. BY ASIT K BISWAS employment.BY ASIT K BISWAS T The writer is a distinguished visiting professor
      PHOTO: BLOOMBERG  -  1,349 words
    • 846 25  -  TT COMMENTARY By Alphonzo Albright T The writer is global director, government at Polycom, an MNC that develops video, voice and content collaboration and communication technology INCARCERATION is not only a negative experience for the inmates but also an expensive affair, especially for
      846 words
    • 655 25  -  William Pesek BLOOMBERG VIEW IN April 2013, Bank of Japan (BOJ) governor Haruhiko Kuroda first vowed that his team would “do whatever it can” to end deflation. Many were quick to equate the pledge with Mario Draghi’s “whatever it takes” promise at
      BLOOMBERG VIEW  -  655 words
    • 1204 25  -  US policy towards such individuals has shifted frequently according to changes in the world order. But whatever Washington does next, it should ensure it doesn’t allow new dictators to replace those booted out.BY HARISH MEHTA out.BY HARISH MEHTA TThe writer, a former BT senior
      FILE PHOTO  -  1,204 words


  • 987 26 Vessel Voy Sin Pusan Tarawa Honiara Santo Port Vila Noumea Lautoka Suva Nukualofa Apia Pago Pago Papeete Lae P. Moresby Townsville APL Riyadh 060E 25 Nov 19 Dec 02 Jan 06 Jan 09 Jan 12 Jan 14 Jan 15 Jan 19 Jan 21 Jan 21 Jan 26 Jan
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    • 235 26 USE THIS SPACE TO SELL CALL JOE WONG AT *****327 TO ADVERTISE THE BUSINESS TIMES Shipping times Experienced ship maintenance services wanted. Can they find your services here in the Shipping Times? THE BUSINESS TIMES TO ADVERTISE, CALL JOE WONG AT 9620 1327 Publicise Your Del iver y O Newbuilds
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  • LIFE & CULTURE
    • 982 27 Ban on imports of Western products sends local consumers scurrying for homegrown products NYT Moscow BORIS Akimov’s cellphone, which quacks like a duck, started to sound like a whole flock soon after President Vladimir Putin imposed sweeping food sanctions barring many Western imports last
      NYT; PHOTO: NYT  -  982 words
    • 456 27 BLOOMBERG Sydney MANY vintners would love to own enough wine country to cover Manhattan twice over. Not Treasury Wine Estates, maker of the US$850-a-bottle Penfolds Grange. “We don’t have to own all the vineyards,” said Mike Clarke, a former Co-ca-Cola executive who
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    • 620 27 BLOOMBERG Zurich TUCKED away near Lake Geneva, a handful of Nestle SA scientists are quietly working on realising every couch potato’s dream: exercise that comes in a bottle. The world’s biggest food company, known for KitKat candy bars and Nespresso coffee capsules, says it has
      BLOOMBERG  -  620 words
  • Page 27 Advertisements
    • 202 27 Qiil^ naK 2005-2014 DEC 5 6 I MARINA BAY SANDS EDITION You've been wowed by their performances. Now, catch them again, along with other talented young performers—musicians, vocalists, dancers—at the ChildAid 10th anniversary concert in December. Proceeds from the sale of tickets will go to The Straits Times School Pocket
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  • Page 27 Miscellaneous
    • 296 27 CRYPTIC CROSSWORD Across 7 Sacred Hearts authorised (8) 9 Some learn education’s merited (6) 10 Study accommodating a faculty head (4) 11 Title and group’s sound endlessly reviewed (10) 12 Beats English in defeats (6) 14 Lead or backing say covering Eminem’s music smash (8) 15 Beaten and stumped, confining
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    • 245 28 Subscribe Now, Unbox Your Very Own Dell Laptop. A Subscribe* now to The Straits Times All-in-One PLUS package for 36 months and receive the Dell Vostro 5470. only $59.90 /month Available to UOB and Citibank Credit Card holders only o'"' vvx* I.W,,' V.'" 'I'V \o\'«.• 'I, •o i the smtA
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  • Page 1 Advertisements
    • 308 1 Winners of the SME One Asia Awards 2014 gathering on stage. GREAT ASPIRATIONS The winners of the SME One Asia Awards 2014 reflect a new generation of enterprises that are equipped with the right skills, knowledge and vision for success in today's volatile business world. This select group of companies
      308 words

  • SME ONE ASIA AWARDS 2014
    • 433 2  -  The diverse winners of the SME One Asia Awards are committed to building sustainable businesses.BY businesses.BY KAN KWOK LEONG WHETHER they were striking real estate deals in Brazil or teaching toddlers how to count, this year’s 41 SME One Asia Award winners displayed not only keen
      433 words
    • 305 2 The He Xie Award honours employers who understand the value of human contribution to their company’s success and rewards their employees accordingly. It is presented to companies with outstanding human resource strategies, with a focus on looking after the welfare, training and the well-being
      305 words
    • 776 4 Here are the captains of industry, consultants and academics who were tasked with selecting this year’s SME One Asia Awards winners. lee Tiong Heng Tax Partner of Deloitte Singapore Mr Lee is a Tax Partner with Deloitte Singapore. He offers practical solutions to his clients. He
      776 words
    • 141 5 Qualifying candidates and nominees are judged based on a matrix of revenue, brand value, entrepreneurship and responsible leadership. To maintain the consistency of the judging process, the same set of judges who have assessed the proposals are scheduled to meet the companies in the interview segment. Each
      141 words
    • 969 6  -  Royal Plaza on Scotts has introduced a series of innovative measures to keep its employees happy and motivated.BY WINNER: HE XIA AWARD motivated.BY KAN KWOK LEONG TO ensure that it delivers a level of service befitting one of Singapore’s leading hotels, Royal Plaza on Scotts has
      969 words
    • 247 7 ROYAL Plaza on Scotts takes the welfare of its employees seriously. It introduced the “Bond to have Fun” fund this year for colleagues to get together to do something fun. If a minimum of eight colleagues from two departments engage in an activity together, they will
      247 words
    • 955 8  -  After reinvigorating the property scene in Malacca, Hatten Group is looking to make its mark elsewhere in Malaysia. WINNER: THE HOFFEN AWARD BY KAN KWOK LEONG Malaysia’s Hatten Group has emerged to become a serious player in the country’s vibrant real estate landscape in just
      955 words
    • 174 9 Here are a selection of upcoming projects from the Hatten Group. IRetail The group’s latest retail project in Malacca is Vedro by the River, a vibrant youth-inspired mall nestled along the scenic Malacca River. Vedro will bring a whole new artistic and hip vibe to
      174 words
    • 694 10  -  Six Capital is aiming to train an army of foreign exchange traders around the region.BY WINNER: AVANT GARDE AWARD region.BY KAN KWOK LEONG PATRICK Teng, the founder of Six Capital has a dream of demystifying the art of foreign exchange (forex) trading for tens of thousands of aspiring
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    • 740 11  -  With its recent IPO and vision to become one of the region’s best, interior fit-out provider Serrano is making sure it stays at the top. DISTINGUISHED AWARD OF THE YEAR BY DENYSE YEO CURBS on foreign worker numbers may be a common complaint faced by the building
      740 words
    • Article, Illustration
      375 12  -  The top winner of the Notable Award, Smoov, aspires to be the Paypal and Alibaba of South-east Asia. BY SUE-ANN CHIA NOTABLE AWARD OF THE YEAR Asia.BY SUE-ANN CHIA IT IS all smooth-sailing when using Smoov, a platform that lets consumers make payment with their smart gadgets, boost
      375 words
    • 584 13  -  M C Consulting serves the needs of SMEs by offering strategic and seamless business software.BY PROMINENT AWARD OF THE YEAR software.BY SUE-ANN CHIA SINCE 2003, MSC Consulting has been serving the needs of Asia’s fast-growing companies by providing innovative solutions to integrate business management and processes with information
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    • Article, Illustration
      678 14  -  Jeffrey Tan leverages on the benefits of natural antioxidant alkaline water to build a thriving business. EMERGING AWARD OF THE YEAR BY AJ LEOW A DEVOUT Christian who frequently goes on mission trips in the region, Jeffrey Tan, the founder and CEO of water supplies firm for
      678 words
    • 793 15  -  These winning companies share one thing in common passion. DISTINGUISHED AWARD WINNERS BY DENYSE YEO MILLION LIGHTING For SMEs, giving back to the community does not mean corporate-sized budgets. Take lighting company Million Lighting. It donates money regularly to charity, most recently giving S$ 100,000 to various
      793 words
    • 430 16 DISTINGUISHED AWARD WINNER CODAR This one-stop provider is one of the world’s busiest service depots for ships’ marine electronics equipment. With the boom of the marine industry in recent years, Codar’s business has grown significantly over the last five years. Specialising in supply, installation, repair and inspection
      430 words
    • 986 18  -  Winners in the Prominent Award category, which honours businesses that have overcome obstacles, share the secrets of their success. PROMINENT AWARD WINNERS BY SUE-ANN CHIA RAFFLES TAILOR MENSWEAR MAC Ho went from the brink of bankruptcy to a successful businessman. The managing director of Raffles Tailor who
      986 words
    • 478 20 PROMINENT AWARD WINNER NEWSTEAD TECHNOLOGIES Newstead Technologies started as a lone computer retail store in Funan shopping mall in 1998. Today, the company has more than 45 retail outlets across Singapore, some bearing names such as nübox, Digital Style and @notebook to cater to different segments of
      478 words
    • Article, Illustration
      1084 22  -  Notable Award winners, whose businesses stand out for being innovative and different, share how they keep ahead of the pack.BY NOTABLE AWARD WINNERS pack.BY SUE-ANN CHIA AVON SERVICES Avon Services started in 2008 with only three staff, operating from a small home office. It offered ancillary services to
      1,084 words
    • Article, Illustration
      1188 23  -  These relative newcomers to the business world have sprinted straight out of the blocks. EMERGING AWARD WINNERS BY AJ LEOW FLOORRICH GLOBAL Established in 2009, Floorrich Global was started by three individuals, each with more than 15 years of experience in rival firms but who shared the dream
      1,188 words
    • 1534 24  -  The winners of the Overseas Enterprise Award are making waves in their respective markets.BY markets.BY KAN KWOK LEONG Question: Can you briefly describe your business activities? Colin Tan: Lianbang Ventures is a subsidiary of Hatten Group Sdn Bhd, which focuses on retail development. This division was first
      1,534 words
    • 1176 26  -  Three companies talk about their ambitions for overseas success. BY ERLIANA ZAID Roundtable participants: IAlbert Ang Liang Chuan, director, Liang Chuan IC. Mano, managing director, Mano Equestrian Services IDaniel Then, managing director, SGP Healthcare Investments Question: Briefly describe your company’s internationalisation journey. Albert Ang: As the leading distributor
      1,176 words
    • 248 26  -  Bryan Koh, MD of Shin Khai Construction says a happy work environment makes good business sense. By ERLIANA ZAID Question: What are some of your organisation’s CSR initiatives? Bryan Koh: We believe in healthy living and creating a pleasant working environment for our staff. All staff
      248 words
    • 1161 27  -  Building sustainable organisations has become a key goal for many organisations. BY ERLIANA ZAID Roundtable participants: ISelin Chuan, director, Gustos ISamuel Kik Beng Him, director, International Elements IYap Yoon Sian, managing director, innocom Technologies Question: How do you promote sustainability at your organisation? Selin Chuan: As a restaurant,
      1,161 words
    • 1657 28  -  These four enterprises have successfully forged a leading brand in their respective markets.BY markets.BY ERLIANA ZAID Question: What are the key aspects of your company’s brand development strategy? David Cheang: Branding is essential and especially effective via word of mouth. Mindful of this, the company emphasises professionalism,
      1,657 words
    • 1559 30  -  These innovative SMEs share their strategies for boosting productivity at their organisations. BY ERLIANA ZAID Roundtable participants: ITony Ang, consultant and CEO, Modern Kitchen Supply; IKelvin Lim Loon Huat, managing director, Yam Kee Fei Fei Noodle House; IAdrian Ang, director, That’s Innovative; IShawn Tan Yeow Siong, CEO,
      1,559 words
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    • 78 2 SME ONE ASIA AWARDS 2014 (Son <Matu%cJliQ*\A Aimsac on being awarded Winner of the Prominent Award for SME One Asia Awards 2014 i ve Ang *3? I I f i si itA -r— Sl<*! i •St?. r* ■a-i Ansae Technology (S) Pte Ltd 35, Marsiling Industrial Estate Road 3, #02-01,
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    • 248 3 ClearSIC MEDI-AESTHETICS to ClearSK Medi-Aesthetics for winning the prestigious SME One Asia Prominent Awards SME ONE ASIA AWARDS 2014 Do what matters TM most and do it first" /ON I Prominent Award SGP HEALTHCARE INVESTMENTS GROUP CEO DAN EL THEN 1 0,u I iil fv In ii r m ii
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    • 67 4 From the Management and staff of Liang Chuan Group' 1) Ang Siong Hin Pte Ltd 2) Liang Chuan Pte Ltd 3) Liang Chuan (I) Pte Ltd 4) Liang Chuan (B) Pte Ltd 5) Liang Chuan (M) Pte Ltd 6) Liang Chuan (Y) Pte Ltd 7) Liang Chuan (P) Pte Ltd
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  • Page 5 Advertisements
    • 403 5 SME ONE ASIA AWARDS 2014 I have an idea, whose time has come. Forex Trading Simplified, Just tag the Chief. 77 SPECIAL AWARD THE AVANT-GARDE AWARD IJ PATRICK TENG, FOUNDER AND CHIEF DEALER, SIX CAPITAL What is tagthechief? tagthechief.com i i Trains Builds Our Founder Chief Dealer. Patrick started his
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  • Page 6 Advertisements
    • 83 6 THE PREMIER MOST POPULAR NAME IN ENRICHMENT stretcher by Mind Stretcher STRETCHING I I 1 y. I A+ I H Cl s 9 4 V Winner in the Notable Category of the SME One Asia Awards 2014 MIND STRETCHER LEARNING CENTRES Anchorvale, Ang Mo Kio, Bedok, Bishan, Boon Lay, Bukit
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  • Page 7 Advertisements
    • 148 7 AOX is CHAMPION of REVITALISES HEALTH IMPROVES BLOOD CIRCULATION FILLED WITH ANTIOXIDANTS AOX was founded with the vision of helping many improve their health. To date, AOX has provided natural antioxidant alkaline water dispensers to thousands of households, offices, hospitals and clinics in Singapore. The Most Effective Natural Antioxidant Alkaline
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  • Page 8 Advertisements
    • 120 8 MC Payment Accept Credit Cards Anywhere, anytime Whether your business is running in a Retail, Wholesale, MOTO, eCommerce or Wireless environment MCPayment has multiple payment solutions which can help any type of business process transactions quickly, safely and securely. ffast pay nbstmall.com El *s eCommerce Wireless POS B2B Data Processing
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  • Page 9 Advertisements
    • 268 9 NEWSTEAD technologies The Top 3 Winner of SME One Asia Awards 2014 Prominent Award Category Started in 1999, Newstead Technologies has expanded rapidly and established its mark in the retail industry in Singapore. With over 45 stores spanning across the island, it is the heartbeat of Singapore’s consumer electronics retail
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  • Page 10 Advertisements
    • 89 10 3"$ 8( $(’:9C5 D":9 %J G#"5C:;CGDG. 1%$"I’ 7CD5E"’ >B##;( FD$ 3D$ 417>2. CG ;":$"I,C’,DE",9:=C’H %J DE" C’$BGDI(0BGC’"GG CG :8%BD <" E:?" DE" "):5D !B:;CD( I"!BCI"$ %J "?"I( C’$C?C$B:;. J%I GB55"GGJB; 8BGC’"GG-/BI ;":$"IG :I" #I%JC;"$ <CDE GDI%’H #:GGC%’ A*0 8:5=HI%B’$. 5%’@%C’"$ <CDE HI":D E"ICD:H" %J ")#"IC"’5"G-17> #%GCDC%’G CDG";J :G CONGRATULATIONS %J
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    • 288 11 CONGRATULATIONS! Dato David Cheang, DIMS Chief Executive Officer of DC13 Development Pte Ltd for being awarded one of the Emerging winners of the SME One Asia Awards 2014 SINGAPORE Dato David Cheang is founder and Chief Executive Officer of DC13 Development. He has a successful real-estate career spanning over a
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    • 350 12 k. i it I Noodle /'VS>Housg CONGRATULATIONS Kelvin Lim Director YAM KEE FEI FEI NOODLE HOUSE for being awarded the Prominent Award SME One Asia Awards 2014 A SME X ONE ASIA AWARDS 2014 PRODUCT SERVICES: Wanton Noodles Yam Kee Fei Fei Noodle House also sells other dishes apart from
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    • 83 13 An Acclaimed HATTENg U P G R O Conglomerate 0 M'S S3 a m min > WM w m n Property Development Property Investment Retail Management Hospitality Brand Franchising jO n Property Awards 2011 2014 KJBWCITV 2013 WORLD AWARDS 0 ©YAMAHA ursnjeg f^RKS For more information, please call +606 281
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    • 83 15 fj Most Sincerely, with heartfelt wishes from: artistes V STRAFEGICOM The BlB Branding Specialist •C s a a WCcVu r.‘» d ONE ASIA AWARDS 2014 To the winners of the SME One Asia Awards 2014 CRAFT PRINT mo tjcm Asrt/ the Story Ca n>< DCUiMnr BEHIND The Ideas People UXarterfli
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  • Page 16 Advertisements
    • 140 16 CONCEPTUALISE ‘VISUALISE ACTUALISE Creating Unique Spaces With Innovative Designs i X--IK > I H r A m: ARCHeTYPE is a holistic, one-stop design-and-build firm that specialises in public housings, private homes, large scale residential developments and commercial projects. We pride ourselves in providing our customers with ultimate project satisfaction and
      140 words

  • Page 17 Advertisements
    • 78 17 LIVE YOUR DREAM Winner for He Xie Award 2014 by SME One Asia Awards Winner for Commitment to Engagement 2013 Best Employer 2013 by Aon Hewitt At Royal Plaza on Scotts, we strive to be the best at everything we do. And it all starts with taking very good care
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    • 162 18 I m m r Serrano “Furnishing the Future” mmrm rti lsoutoot SME ONE ASIA AWARDS 2014 Serrano Holdings is honoured to receive the “Distinguished Award of the Year 99 in the SME One Asia Awards 2014! Part of the Serrano group of companies (Serrano Limited), we are Singapore’s leading provider
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  • Page 20 Advertisements
    • 111 20 Congratulations to Codar (Pte.) Limited on winning the TOP 3 DISTINGUISHED A WARD Overseas Offices:- Malaysia Racom Electronics Sdn Bhd Johore Bahru Klang o Thailand Codar (Thailand) Co Ltd Bangkok Vietnam Codar Vietnam Ltd -Hanoi Ho Chi Minh City Representing: Codar provides a one-stop design, supply, installation, repair and inspection
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  • Page 23 Advertisements
    • 112 23 t I 6 d GCO06GGp<3QQdDQ^ i STO* PftM%^F^^irr 'll v Sr^'w Sra a vj t* I S’-* •fc M‘tt*2£. kT.’« ■««rxiv»wBJ 'J.»ftov*n» ATS imov*> #s 'MJ«Nlr. v.K v v-' -J <* JX. •f .i *s K nr 5 mnovfliivf s: a- V "V m* v A i «r>/ THE SMEjDNE
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  • Page 24 Advertisements
    • 74 24 Congratulations Tong Chiang Holdings Pte Ltd being conferred the DISTINGUISHED AWARD IN THE SME ONE ASIA AWARDS 2014 SINGAPORE 1 Kaki Bukit Road 1 Enterprise One #05-27/28 Singapore *****4 TongChiangHOLDINGS (65) 6742 4001 (65) 6547 8464 The essence of our food is Quality. Tong Chiang Group of Companies Ms. Lisa
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  • Page 26 Advertisements
    • 203 26 SME ONE ASIA AWARDS 2012 CONGRATULATIONS Mr. Koh Slow Khai, Bryan Director of Shin Khai Construction Pte Ltd for being awarded one of the Distinguished winners of the SME One Asia Awards 2012. SINGAPORE Bryan Koh has more than 21 years of experience In construction industry and with his entrepreneurial
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  • Page 27 Advertisements
    • 101 27 TM m CROWN MOTORS GROUP CROWN MOTORS ENTERPRISES PTE LTD SME ONE ASIA AWARDS 2014 CONGRATULATIONS Allan Tan Director CROWN MOTORS GROUP for being awarded the Distinguished Award SME One Asia Awards 2014 PRODUCTS SERVICES Crown Motors Enterprises has a full range of innovative car accessories Childhood care and education
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  • Page 28 Advertisements
    • 196 28 SME ONE ASIA AWARDS 2014 to ij -E.L ES" TE Mr Shawn Tan CEO Key Executive Officer of MORE Property Pie Ltd for being one of the Emerging Award Winners of the Si 1 /E A s in A wa rds SINCHA PORE. We embrace technology to create infinite opportunities
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    • 50 28 HATTEN u ft Our gratitude, to our invaluable stakeholders for the continued trust and support you have shown us throughout the years. Together, we share this honour of receiving the winner's award in the Overseas Category at the SME One Asia Awards 2014. ftl M.; d m. i m A--
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  • Page 29 Advertisements
    • 452 29 Avon CongratulationstoAvonServices ManagementandStaffontheirachievement! ’0><$4":?!3#4678(1(.(9(5(& Top3NotableAward “This achievement would not have been possible without the dedication and hard work of all our staff. We will continue to challenge the status quo tobringmorevaluestoouresteemedclients!” MrTaiKwangKit,ExecutiveDirector AvonServicesPteLtd 33UbiAvenue3, VertexTowerA#07-47, Singapore*****8 Tel:*****447 www.avongroup.com.sg TM SME ONE ASIA AWARDS 2014 Congratulations to Innocom Technologies Pte Ltd
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  • Page 30 Advertisements
    • 157 30 mm s <*■ SUE ONE ASIA AWARDS 2014 COJsrgilATULATlOMS Ms Selin Chuan Managing Director of Gustos Pte Ltd for being awarded the Notable Award SME One Asia Awards 2014 Gustos Pte Ltd first opened its door in 2007 offering premium and Italian centric menus, distinctively different from its parent company,
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  • Page 31 Advertisements
    • 186 31 Congratulations Mr Andrew Goh Dr Carol Choong Mr Jimmy Yong Directors of Floorrich Global Pte Ltd for being awarded WE WANT TO CREATE LASTING IMPRESSION FOR LIVING AND PROVIDE HIGH QUALITY FLOORING SOLUTIONS THAT LAST FOR GENERATIONS. WINNER IN THE EMERGING AWARDS CATEGORY Floorrich Global Pte Ltd a one stop
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