The Business Times, 2 December 2014

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Microfilm: NL33312
Total Pages: 34
1 34 The Business Times
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  • Title Section
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    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 Tuesday, Decem 2
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  • Article, Illustration
    Lock icon DAILY DIGEST
    248 1 Emerging Asian currencies from Malaysia’s ringgit to South Korea’s won hit new lows on Monday, as data highlighted the economic toll wrought by plunging oil prices, sending the US dollar broadly higher. The ringgit underperformed regional peers, falling to around five-year lows.TOP STORIES 2 Despite whistleblowing gaining greater
    248 words
  • Article
    Lock icon MARKETS
    26 1 Monday Change STI 3,305.64 (-44.86) KL COMP 1,778.27 (-42.62) NIKKEI 225 17,590.10 (+130.25) HANG SENG 23,367.45 (-620.00) SHENZHEN B 985.67 (-3.69) DOW(11am EST) 17,765.04 (-63.20)
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  • Article, Illustration
    Lock icon Oil’s wild ride continues as volatility rises
    733 1  -  Announcements by oil producers in coming months as well as global growth will drive prices By Andrea Soh @AndreaSohBT sandrea@sph.com.sg Singapore THE oil market is now bracing itself for higher volatility as prices struggle to find a floor in the near term, with
    Source: Bloomberg  -  733 words
  • Article
    Lock icon Sputtering manufacturing leaves Asian economies in the cold
    722 1  -  November’s PMI reports were largely dismal across Asia, particularly in Indonesia, South Korea and China By Kelly Tay kellytay@sph.com.sg @KellyTayBT Singapore IF Monday’s flurry of disappointing manufacturing data is anything to go by, there’ll be little festive cheer for regional economies. What’s
    722 words
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      63 1 *****1 *****4 LESS COMPELLING SilverNeedle not keen on S’pore hotel deals now REAL ESTATE 14 PASSIVE EXERCISE weight-loss salon aims to be oasis in CBD SPECIAL FOCUS Platform for growth OSEA 2014 16-18 SME 32 SMALL CAPS, BIG IDEAS Swissco, Sheng Siong among CIMB’s top picks COMPANIES MARKETS 8 Cariler
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      24 1 EXPERIENCE THE NEW LUXURY BTLuxe Christmas 2014. In print and on your iPad. Download it free at the App Store from Dec 5 Luxe
      24 words
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  • TOP STORIES
    • Article, Illustration
      Lock icon Post-Opec bloodletting continues for SGX oil stocks
      462 2  -  Energy-related counters feature heavily on list of most heavily traded stocks OIL ROUT By Joyce Hooi joyceh@sph.com.sg @JoyceHooiBT Singapore THE share prices of firms throughout the oil supply chain continued to slide on Monday, as fears of lower crude prices took even firmer
      PHOTO: BLOOMBERG  -  462 words
    • Article
      Lock icon Malaysia O&G counters slump amid US crude price plunge
      585 2  -  By Pauline Ng btworld@sph.com.sg Kuala Lumpur THE plunge in US crude oil prices to a five-year low amid bleak short-term prospects of a recovery precipitated a rout of oil gas companies in Malaysia on Monday as investors fled the sector that
      585 words
    • Article
      Lock icon Asia currencies hit new lows on oil slide
      458 2 REUTERS Singapore EMERGING Asian currencies from Malaysia’s ringgit to South Korea’s won hit new lows on Monday, as data highlighted the economic toll wrought by plunging oil prices, sending the US dollar broadly higher. The ringgit underperformed regional peers, falling to around
      REUTERS  -  458 words
    • Article
      Lock icon Companies too complacent about whistleblowing: Freshfields
      774 4  -  Firms in Singapore taking an interest in whistleblowing policies, but uptake, application still very low, it adds By Michelle Quah michquah@sph.com.sg @MichelleQuahBT Singapore DESPITE whistleblowing gaining greater acceptance as a corporate risk management policy these days, many companies are still not giving the practice
      774 words
    • Article
      Lock icon Raffles Hospital to receive non-critical patients sent by SCDF
      580 4  -  Fifty of the hospital’s 168 beds have been set aside for such patients By Claire Huang huangjy@sph.com.sg @ClaireHuangBT Singapore BY the middle of next year, Raffles Hospital will receive patients with non-critical medical conditions brought by Singapore Civil Defence Force (SCDF)
      580 words
    • Article
      Lock icon Strong demand for Asian corporates’ USD bonds
      916 6  -  Experts sound caution on currency and liquidity risks By Siow Li Sen lisen@sph.com.sg @SiowLiSenBT Singapore ASIAN investors are snapping up US dollar bonds sold by regional corporates in a relentless hunt for yields, despite warnings of growing liquidity and currency risks. Last week
      916 words
    • Article
      Lock icon China’s November PMIs slip further, jobs under stress
      598 6  -  interest rate cuts not seen enough to cause rebound By Virginie Mangin btworld@sph.com.sg Beijing CHINA’S manufacturing sector weakened further in November, two surveys showed adding pressure on the government to implement more stimulus measures after the central bank cut benchmark rates for
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    • Article, Illustration
      Lock icon Japan’s recession less serious than thought
      732 6  -  REGIONAL ECONOMIES By Anthony Rowley btworld@sph.com.sg Tokyo JAPAN’S plunge back into economic recession in the third quarter of this year was almost certainly not as serious as originally estimated, official data on business investment published on Monday suggested offering what analysts said could be
      PHOTO: BLOOMBERG  -  732 words
    • Article
      Lock icon HK Oct retail sales dip as protests hit core shopping areas
      525 6 REUTERS Hong Kong HONG KONG reported a slowdown in October retail sales on Monday, providing the first broad look at the impact of the pro-democracy protests on core shopping areas in the Chinese-ruled city, where demonstrators have blocked key
      REUTERS  -  525 words
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      304 2 12THKEPPEL OFFSHORE MARINE LECTURE at National University of Singapore MODERN DRILLING TECHNOLOGIES Modern drilling technologies have enormously improved the ability to discover and produce oil and natural gas. For instance, subsurface properties can be measured within a few feet of the drill bit so that the data can be transmitted
      304 words
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      169 words
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      390 2 DESIGN THE NEW LUXURY BTLuxe Christmas 2014. In print and on your iPad. Download it free at the App Store from Dec 5 Luxe 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
      390 words
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      34 3 Some of the hardest decisions in investing don’t involve money. They involve people. Our principles define us. UOB Private Bank Suites, 80 Raffles Place, #07-01 UOB Plaza 1, Singapore *****4 1800 881 6888 uobprivatebank.com.sg
      34 words
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      221 4 ENTERPRISE Celebrating Singapore's Enterprising Spirit 2014 M. AIIAIloy Total Welding Solution Provider with Products that Matter 3| -m i "i it 5 h T# Many thanks to all our Customers, Principals and Partners for their invaluable support and contribution for these 6 years. We have achieved the Emerging Enterprise 2009
      221 words
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      57 6 FACT. ERR CRM Software Truly Integrated Fast. Simple. Scalable. Affordable. FACT Software International Pte Ltd (*****6166Z) 10 Hoe Chiang Road #U-07 KeppelTowers Singapore *****5 T+65 *****832 F+65 *****832 www. f a c t s o f t wa re. s g sa les@f a ct sof t wa re. sg
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      24 6 DINE THE NEW LUXURY BTLuxe Christmas 2014. In print and on your iPad. Download it free at the App Store from Dec 5 Luxe
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  • COMPANIES & MARKETS
    • Article
      Lock icon Expiring tax break may keep new Reits away
      535 8  -  Listings next year could be affected if the tax break for income from assets held abroad is allowed to lapse By Jamie Lee leejamie@sph.com.sg @JamieLeeBT Singapore THE number of new S-Reit (Singapore real estate investment trust) listings next year could be affected
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    • Article
      Lock icon Swissco, Sheng Siong among CIMB’s top picks
      681 8  -  By Cai Haoxiang haoxiang@sph.com.sg @HaoxiangCaiBT Singapore OFFSHORE and marine (O&M) counter Swissco Holdings is the only oil and gas-related stock left on brokerage CIMB’s top small-cap list for 2015, compared to its list last year when O&M stocks dominated. “Shallow-water production and maintenance
      681 words
    • Article
      Lock icon Panasonic, Toshiba to acquire stakes in Cloud Stringers
      291 8  -  By Nisha Ramchandani nishar@sph.com.sg @Nisha_BT Singapore PANASONIC Asia Pacific has entered into an agreement to acquire a 15.34 per cent stake in Trek 2000 International’s subsidiary Cloud Stringers for S$400,000, while Toshiba Corporation will invest S$398,000 for a 15.26 per cent stake.
      291 words
    • Article
      Lock icon Singapore developers on overseas buying spree
      987 10 Local entities invest US$9.8b in commercial property abroad in the nine months to September, overtaking China at US$8.4b, says research firm RCA BLOOMBERG Singapore SINGAPORE developers struggling to sell apartments in their home market are buying property overseas, turning the island-state into the largest
      BLOOMBERG  -  987 words
    • Article
      Lock icon Fair value gains give Goodland FY14 boost
      316 10  -  By Kenneth Lim kenlim@sph.com.sg @KennethLimBT Singapore RESIDENTIAL developer Goodland Group said on Friday that fair-value gains pushed full-year net profit up by 24 per cent despite revenue dropping by a third. Net profit for the year ended Sept 30 rose to S$ 21.1
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    • Article
      Lock icon Saudi regulator suspends Deloitte from auditing listed firms
      328 10 REUTERS Riyadh SAUDI Arabia’s market regulator has suspended the local unit of accountancy firm Deloitte Touche from doing auditing work for listed firms in the kingdom from June 1, 2015, according to a circular seen by Reuters. The Nov 27 circular, from
      REUTERS  -  328 words
    • Article, Illustration
      Lock icon CDL Hospitality Trusts enters Japan, acquires two hotels
      507 11  -  Acquisition of Hotel MyStays Asakusabashi and Hotel MyStays Kamata to cost 6b yen By Nisha Ramchandani nishar@sph.com.sg @Nisha_BT Singapore CDL Hospitality Trusts (CDLHT) is making its foray into Japan by acquiring two hotels at a total cost of six billion yen (S$66.3
      BT FILE PHOTO  -  507 words
    • Article
      Lock icon Huationg Global launches Catalist IPO
      430 11  -  By Chan Yi Wen yiwenc@sph.com.sg @ChanYiWenBT Singapore SINGAPORE-based integrated civil engineering provider Huationg Global launched an initial public offering (IPO) for a Catalist listing on the Singapore Exchange on Monday. Offering a total of 27.5 million placement shares at 20 cents each, representing approximately 18.2
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    • Article
      Lock icon CosmoSteel forms alliance with Japanese steel trader Hanwa
      549 11  -  By Chan Yi Wen yiwenc@sph.com.sg @ChanYiWenBT Singapore SUPPLIER of piping system components to the energy and marine sectors, mainboard-listed CosmoSteel Holdings on Monday announced it has entered into a subscription agreement with Tokyo-listed Japanese steel trader Hanwa to raise S$ 15.3 million.
      549 words
    • Article, Illustration
      Lock icon STI / Catalist
      62 12 STI Catalist Straits Times Index Dec 1,2014 3,305.64 -44.86 (-1.34%) Current streak 1 day Day high 3,356.53 Day low 3,300.93 52-week high 3,374.06 (July 31, 2014) 52-week low 2,960.09 (Feb 5, 2014) FTSE ST Catalist Index Dec 1,2014 752.13 -25.43 (-3.27%) Current streak 3 days Day high 776.24 Day low
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    • Article, Illustration
      Lock icon Oil & gas stocks take a hammering
      669 12  - Oil gas stocks take a hammering Bank sector hit by spillover pressure from O&G sell-off; STI down 44.86 points, or 1.3%, at 3,305.64 TT STOCKS By R Sivanithy sivan@sph.com.sg @RSivanithyBT NOT surprisingly, offshore oil and gas stocks sustained a heavy beating on Monday in the wake of continued weakness in
      Source: Bloomberg  -  669 words
    • Article
      Lock icon STI STOCKS
      307 12 Stock name Close Change Day high/low 52w high 52w low PE Div yield Mcap Ascendas Reit 231 -3 235/227 250 206 6.2 5836.7 CapitaLand 326 -6 331/323 348 268 16.3 2.5 *****.8 CapitaMall Trust 198 unch 198.5/196.5 209 180 5.2 6867.2 CityDev 1006 unch 1014/987 1118 860 13.6
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    • Article
      Lock icon MOST ACTIVE
      34 12 VOLUME Golden Agri-Res 90,946,000 Ezion 83,635,000 Elektromotive 72,041,000 IHC 62,861,000 Mirach Energy 51,483,000 Market volume 1,948,864,000 VALUE Keppel Corp 117,191,460 Ezion 98,026,440 DBS Grp 61,119,970 UOB 54,952,050 SingTel 49,043,270 Market value 1,278,271,000
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    • Article
      Lock icon OTHER SINGAPORE INDICES
      77 12 Dec 1 VALUE CLOSE BT OB/OS -313.00 -140.00 BT CADI -*****.00 -305.00 BT 10-day MA -*****.00 -31.00 FTSE ST Mid Cap 745.12 -11.02 FTSE ST Small Cap 502.73 -10.24 FTSE ST All Share 794.50 -11.28 FTSE ST China Top 187.75 -3.58 FTSE ST China 222.88 -2.88 FTSE
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    • Article
      Lock icon SGX ETFS
      112 12 Most Active Fund Last sale +/-(‘000) Day high/low 52w high/low Buy/Sell Mcap IS MS India US$ US777 -8 482 785/772 790/541 777/780 97.1 UETF SSE50China 180 -1 476 186/180 186/140 180/182 56.3 STI ETF 334 -5 207 339/334 343/298 333/334 DBXT CSI300 US$ US819 -1 26 830/819 830/613
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    • Article, Illustration
      Lock icon STI / FTSE ST All-Share
      35 12 STI FTSE ST All-Share FTSE ST All-Share Index Dec 1,2014 794.50 -11.28 (-1.40%) Current streak 1 day Day high 806.45 Day low 793.64 52-week high 819.39 (July 31, 2014) 52-week low 722.35 (Feb 5, 2014)
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    • Article, Illustration
      Lock icon STI / MSCI EAFE
      33 12 STI MSCI EAFE MSCI EAFE Index NOV 28,2014 1,839.73 -2.90 (-0.16%) Current streak 2 days Day high 1,842.35 Day low 1,832.04 52-week high 1,995.49 (July 3, 2014) 52-week low 1,714.64 (OCt 16, 2014)
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    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 12 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 1 11 3 0 0 0 1 11 3 Manufacturing 17 77 35 5 21 7 22 98 42 Commerce 7 34 16 2 8 5 9 42 21 Tpt/Stor/Comms 3 33 4
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      123 12 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 30,271 30,271 163,150 163,150 Manufacturing 245,898 134,348 380,246 155,720 5,227 160,947 Commerce 133,908 66,432 200,340 106,261 3,853 110,114 Tpt/Stor/Comms 134,269 999 135,268 148,992 355 149,348 Finance 21,266 171 21,437 174,395 41 174,435 Construction 39,844 52,009
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    • Article
      Lock icon GAINERS
      77 12 BY CENTS CLOSE UP 52w high/low DBXT AUDBonds AU$ ***** 289.3 1.3 *****/***** DBXT Vietnam US$ 2816 61.5 1.7 3100/2384 IS MS India S$D 1025 26.0 2.6 1030/722 Jardine C&C 4284 25.0 0.6 4901/3330 JMH USD 6240 22.2 0.3 6460/4934 BY PERCENTAGE CLOSE UP 52w high/low WE Hldgs W*****7
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    • Article
      Lock icon LOSERS
      76 12 BY CENTS CLOSE DOWN 52w high/low GLD US$ ***** -283.8 -1.9 *****/***** DBXT DBLCI-OY US$ 2811 -274.7 -7.0 3545/2811 SPDR S&P500 US$ ***** -201.4 -0.7 *****/***** DBXT ASX200 US$ 3711 -116.4 -2.3 4403/3647 Lyxor ChiaH US$ 1485 -71.9 -3.6 1570/1221 BY PERCENTAGE CLOSE DOWN 52w high/low Ezion MBeCW*****4 2.4
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    • Article
      Lock icon UNUSUAL ACTIVITY
      81 12 VOL CLOSE($) CHANGE AA 4.0 0.021 -0.020 -48.78 Starland 42.0 0.038 -0.008 -17.39 Tigerair 26,901.0 0.365 +0.055 +17.74 CPH 5,255.0 0.006 -0.001 -14.29 Changjiang Fert 30.0 0.030 -0.007 -18.92 Tianjin ZX USD 6,559.0 1.060 +0.060 +6.00 Ezion 83,635.0 1.115 -0.210 -15.85 Brooke Asia 564.0 0.165 +0.015 +10.00 Advance
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    • Article
      Lock icon Emerging market stocks in biggest fall in 7 weeks
      548 12 BLOOMBERG Jakarta EMERGING-market stocks headed for the biggest drop in seven weeks as an oil rout dragged energy shares lower and a Chinese manufacturing gauge fell. South African equities sank and the ruble slid to a record for a third day.
      BLOOMBERG  -  548 words
    • Article
      Lock icon CALENDAR
      9 12 DATA I 9.30 pm Singapore Purchasing Managers Index
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    • Article
      Lock icon Yen at 7-year low after Moody’s cut
      394 13 TT CURRENCIES REUTERS London THE yen fell to a seven-year low against the US dollar in volatile trade on Monday after global rating agency Moody’s cut Japan’s sovereign rating. The US dollar rose as high as 119.15 yen on the EBS trading platform,
      REUTERS  -  394 words
    • FOREX RATES
      • Article
        Lock icon INTERBANK CROSS RATES
        471 13 Dec 1 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.966 5.193 0.680 6.548 52.426 103.623 1.002 9.396 2.902 1.081 86.145 37.861 1.104 9.407 0.818 26.233 27.804 0.541 0.844 Canada 1.035 5.375
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      • Article, Illustration
        Lock icon SHANGHAI COMPOSITE
        2 13
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      • Article, Illustration
        Lock icon DOW JONES
        2 13
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      • Article, Illustration
        Lock icon HANG SENG
        2 13
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      • Article, Illustration
        Lock icon NIKKEI
        1 13
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      • Article
        Lock icon INTERBANK CURRENCY RATES
        155 13 Dec 1 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1043 1.1046 0.8443 0.8444 Canadian dollar 1.1431 1.1434 0.8740 0.8739 Euro 1.6248 1.6253 1.2422 1.2424 NZ dollar 1.0214 1.0224 0.7809 0.7815 Sterling pound 2.0411 2.0420 1.5605 1.5609
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      • Article
        Lock icon US$/S$ FORWARD RATES
        22 13 Dec 1 S$ Bid Offer 1-month 1.3083 1.3086 2-months 1.3084 1.3088 3-months 1.3085 1.3089 6-months 1.3086 1.3091 Source: OCBC
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    • EQUITY BONDS WARRANTS FUTURES
      • Article
        Lock icon SGX DERIVATIVES TRADING
        362 13 Dec 1 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.10 *****.02 *****.27 Dec14 *****.00 *****.00 *****.00 *****.00 ***** *****4 Mar15 *****.00 *****.00 *****.00 *****.00 404 5322 MSCI TAIWAN INDEX FUTURES SPOT 337.02 342.73 336.48 Dec14 343.30 343.90 335.20 340.10 ***** *****4 Jan15 343.40
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      • Article
        Lock icon BONDS, WARRANTS, PREFERENCE SHARES
        211 13 Most active Dec 01 Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left OLS Enterprise W*****5 0.4 unch 6738 1 1 8 3.25 32 DBS MB eCW*****2 11 -1.7 5060 0.1 0 6 KepCorp MB ePW*****0 19 4.2 4422 0.2
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      • Article
        Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
        373 13 In local curr In S$ In US$ dy yr dy yr dy yr Nov 28 Index Change Change Change Change Change Change World Preliminary 1289.3 0.0 8.8 0.3 8.3 -0.1 4.9 EAFE Preliminary 1001.9 0.2 4.8 0.2 -0.8 -0.2 -4.0 Europe Preliminary 1411.2 0.0 4.2
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    • BANK RATES
      • Article
        Lock icon SIBOR
        36 13 Dec 1 (S$) 1 mth 0.***** 2 mths 3 mths 0.***** 6 mths 0.***** 9 mths 12 mths 0.***** SWAP Offer rates (S$) 1 mth 0.***** 3 mths 0.***** 6 mths 0.***** Source: Thomson Reuters
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      • Article
        Lock icon INTERBANK RATES
        154 13 Dec 1 $S Offer Bid 0vernight 0.08 0.03 1-month 0.3750 0.2500 2-months 0.4375 0.3125 3-months 0.4375 0.3125 Overnight mode: 0.20 US$ Offer Bid 7 days 0.18 0.08 1 month 0.25 0.15 2 months 0.30 0.20 3 months 0.40 0.20 6 months 0.50 0.30 9 months 0.60 0.40 12
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      • Article
        Lock icon GOVERNMENT SECURITIES
        63 13 Dec 1 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year NY*****F 3.75 01-Sep-16 105.63 5-Year N*****0H 1.625 01-Oct-19 100.94 10-Year NY*****H 3.000 01-Sep-24 107.27 107.45 107.30 15-Year NY*****E 2.875 01-Jul-29 104.22 104.40 104.30 20-Year NZ*****V 3.375 01-Sep-33 110.03 110.35 110.30 30-Year NA*****N
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    • AGRI METALS ENERGY
      • Article
        Lock icon COMMODITY FUTURES
        212 13 NOV-28 Price Net change change Last Trade Agricultural Nov-28 CBOT Soybeans (US cents/bu) 1016.00 -31.00 -2.96% 14/01/2015 CBOT Soybean Oil (US cents/lb) 32.18 -1.30 -3.88% 12/12/2014 CBOT Wheat (US cents/bu) 577.25 15.25 2.71% 12/12/2014 Nov-28 LIFFE Cocoa (£/tonne) 1924.00 -20.00 -1.03% 12/12/2014 LIFFE Coffee (US$/tonne) 2096.00 unch 0.00%
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      • Article
        Lock icon PALM OIL
        57 13 Dec 1 KLCE Palm Futures (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Dec 14 2125.0 2100.0 2125.0 2088.0 134 3666 Jan 15 2122.0 2117.0 2132.0 2090.0 2672 ***** Feb 15 2126.0 2109.0 2130.0 2083.0 ***** ***** Mar 15 2125.0 2112.0
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      Lock icon Page 8 Advertisements Column 1
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      Lock icon Page 8 Advertisements Column 2
      113 8 12th edition 19 22 March 2015 Singapore EXPO Hall 6 11am 10pm Daily Participate in Singapore’s MEGA Food Beverage Fair Sell local international food products to over 250,000 visitors during the March school holiday period! Book Your Space NOW! *Limited Booths Available! For more information, call *****620 or email to
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      Lock icon Page 8 Advertisements Column 3
      6 8 www.omy.sg 5 ilflfMS Buzz Talk news.omy.sg
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  • Page 10 Advertisements
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      Lock icon Page 10 Advertisements Column 1
      116 10 for our AWARD-WINNING NEWSLETTER! Don’t have much time to read but want to stay on top of the news? Join over 90,000 people who get fresh stories from The Straits Times every day from our free newsletter. The newsletter, ST Daily News, is sent to your e-mail inbox by 7.30am
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  • REAL ESTATE
    • Article, Illustration
      Lock icon SilverNeedle not eyeing Singapore hotel deals now
      823 14  -  CEO Jumabhoy wonders whether costs here will match yields; focuses on NZ and Australia By Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore SINGAPORE-BASED SilverNeedle Hospitality, which recently opened the first Next Hotel in Brisbane and is adding more properties in Thailand and Sri Lanka, is
      PHOTO: YEN MENG JIIN  -  823 words
    • Article
      Lock icon Surbana clinches US$300m Myanmar project
      342 14 It also offers scholarships to five Yangon Technological University students IN a drive to deepen its presence in Myanmar, Surbana International Consultants has secured a new masterplanning project worth US$300 million in the Bago region of the country. Under the contract, Surbana will masterplan i-Land
      342 words
    • Article
      Lock icon BTO project for Bidadari next year
      278 14 THE first build-to-order (BTO) project in Bidadari will be launched next year with more than 2,200 units, Minister for National Development Khaw Boon Wan said in a blog post on Monday. This comes as the Ministry of National Development (MND) works towards having more
      278 words
    • Article
      Lock icon Deutsche Annington seeks to buy Gagfah in 3.9b euro deal
      494 15 Germany’s biggest-ever real estate acquisition will cement former as country’s largest residential landlord BLOOMBERG Frankfurt DEUTSCHE Annington Immobilien SE offered to buy competitor Gagfah SA in a 3.9 billion euro (S$6.4 billion) deal that would be Germany’s big-gest-ever real estate
      BLOOMBERG  -  494 words
    • Article
      Lock icon Mixed picture emerges for Aussie city home prices in November
      258 15 REUTERS Sydney HOME prices across Australia’s capital cities showed markedly varying fortunes in November with a sharp fall in Melbourne overshadowing continued strength in Sydney, an industry survey showed on Monday. Figures from property consultant CoreLogic RPData showed dwelling prices
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      Lock icon Chow Tai Fook Enterprises eyes US$4b Vietnam casino project
      437 15 BLOOMBERG Shanghai CHOW Tai Fook Enterprises Ltd, a Hong Kong company with businesses from property to jewellery, is ready to invest in a US$4 billion casino project in Vietnam. “We are interested,” Henry Cheng, a director at the closely-held investment company,
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    • Article
      Lock icon UK mortgage approvals at year-low in October
      314 15 BLOOMBERG London UK mortgage approvals fell to the lowest in more than a year in October, adding to signs the property market is cooling. Approvals declined to 59,426, the lowest since June 2013, from 61,234 in September, the Bank of England (BOE) said
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      Lock icon Wanda in talks to buy Lions Gate, MGM stakes
      470 15 Its chairman also wants to acquire large theatre networks in Europe BLOOMBERG Hong Kong DALIAN Wanda Group Co, which controls the second-biggest US cinema chain, is in talks to acquire a stake in film studio Lions Gate Entertainment Corp, billionaire chairman
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      80 14 E X P E R I E N C E THE N EW LUXURY BTLuxe Christmas 2014. In print and on your iPad. Digital exclusives only in the BTLuxe iPad app: Cathay's Choo Meileen on safari 's C Visit the House of Laurent-Perrier Download it free at the App Store
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      89 15 Suntec City Office Towers The Business Capital Of Asia Prestigious Business Address Efficient and regular size of 9,300sf Currently Fitted for move-in condition Lift Lobby Frontage Ample Natural Light At the heart of business facilities and international world-class hotels Raised Floor/ Spacious lobby and corridor Easy access to three MR!
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      111 15 FREEHOLD FACTORY FOR SALE ISKANDAR, JB 10-min from Second Link 13,000 sq ft onwards, Good Layout Business Park image Reputable developer Dominic Peters 9825 2101 CEA Reg. No. R*****1G savills.com.sg EA Lie No. L*****88B REDEVELOPMENT SITE NEAR PAYA LEBAR MRT Invitation for Submission of JV Proposals Site Area: 2,219.6 sq
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      306 15 FREEHOLD SHOPHOUSE TANJONG KATONG ROAD B A 2-storey Corner Conservation Shophouse nB Excellent Visibility Enjoys Dual Frontage fromTanjong Katong Rd and Wilkinson Rd Land Area: Approx. 2,026 sf Total Floor Area: Approx. 3,800 sf Zoned ‘Residential with Commercial at I st Storey’, GPR 3.0 Future Amber MRT Station (TE25) is
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  • OSEA 2014
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      Lock icon PLATFORM FOR GROWTH
      1509 16  -  Falling oil prices have not dampened optimism in the oil and gas industry, which this week holds one of its biggest events in Singapore with companies seeking out attractive opportunities that the sector still has to offer. By MALMINDERJIT SINGH By MALMINDERJIT SINGH msingh@sph.com.sg @MalminderjitBT ASIA’S largest
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      Lock icon GIVING A BOOST TO OIL SECTOR
      968 18  -  EDB has made significant investments to develop industry-relevant R&D capabilities and talent. By MALMINDERJIT SINGH By MALMINDERJIT SINGH msingh@sph.com.sg @MalminderjitBT THESE are challenging times for the oil and gas industry, but is there a silver lining behind the dark clouds of falling oil prices?
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      234 16 OSEA2014 The 20th International Oil Gas Industry Exhibition Conference SINCE 1 976 Held Alongside: (£);//Tech2014 The International Exhibition on Manufacturing Technology for Oil Gas 2-5 December 2014 (Tues Fri) Marina Bay Sands, Singapore D Exhibition opening hours: 10.30am 6pm daily The Catalyst for Asia’s Oil Gas Industry Registration Pre-registered visitors:
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      818 17 ADVERTORIAL The Netherlands: Gateway To A Sustainable Energy Future With a heritage intrinsically linked with the maritime and offshore sectors, the Netherlands remains at the forefront of the industry. World-renowned for the development of some of the sector’s most innovative technologies across shipping, dredging and offshore platform production, and with
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      216 18 Auditing Consultancy Training Know safety I Behave safely I Act responsibly J 21 >0 i i m Visit our booth Mr j i S!k- 4 1R2-03 and quote KBA0SEA14 to redeem a complimentary NEBOSH Health Safety at Work Qualification Distance Learning Course. (Limited spaces available) Offer valid for December 2014
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      262 18 PH A m APLCS I T BARCLAY INTERNATIONAL PTE LTD r BARCLAY International Pte Ltd is the authorized distributor for APLEI products APLEI was founded more than 60 years ago and is specialized in the production of boxes and industrial electrical equipment. In 80’s, APLEI obtains the European ATEX certification
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      99 19 GAYL IN OSEA2014 Trusted For Lifting Rigging t L L F 85 S If D n i— 1 H *\a > -vX r. m *>. L.--C V ■s J, V 8? A* 3S© >+* y V; ■•>V 353^ ■■i>: e sc w& :'h- \<r. /i is •7: jsfeV* N aft
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  • BANKING & FINANCE
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      Lock icon European banks lift Samurai bond sales to record levels
      910 20 Yen debt deals this year is up 57% at 1.16t yen, driving total Samurai offerings to 2.4t yen BLOOMBERG Tokyo EUROPEAN lenders have lifted Samurai bond sales to an annual record, taking advantage of Japan’s record low borrowing costs to broaden
      BLOOMBERG  -  910 words
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      Lock icon Directors of UK business did not quit due to jail threat: HSBC chairman
      366 20 REUTERS London TWO directors of HSBC’s British business have expressed concerns about new rules that can result in jail sentences for senior bankers, but only one has resigned, and that was mainly due to extra demands on
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      Lock icon Smaller UK banks seen merging to gain scale
      1086 20 BLOOMBERG London EVEN billionaire Richard Branson may need a partner to stand a chance of taking on Britain’s largest banks. Lawmakers are encouraging the growth of lenders such as Virgin Money Holdings (UK) plc, backed by Mr Branson, to challenge the dominance
      BLOOMBERG; PHOTO: BLOOMBERG  -  1,086 words
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      368 20 THE BUSINESS TIMES NOTICES IN THE MATTER OF THE COMPANIES ACT CAP. 50 AND IN THE MATTER OF ROBERTSON QUAY DEVELOPMENT PTE LTD Co. Reg. No. *****6871H NOTICE OF SPECIAL RESOLUTION FOR MEMBERS’ VOLUNTARY WINDING-UP (pursuant to Section 290) At an extraordinary general meeting of the members of the above-named
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      333 20 IN THE MATTER OF THE COMPANIES ACT CAP. 50 AND IN THE MATTER OF COSMOPOLITAN DEVELOPMENT PTE. LTD. Co. Reg. No. *****2402N NOTICE OF SPECIAL RESOLUTION FOR MEMBERS’ VOLUNTARY WINDING-UP (pursuant to Section 290) At an extraordinary general meeting of the members of the above-named Company, duly convened and held
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      6057 21 /oZ) SltM'J o/ ERENNIAL CHINA RETAIL TRUST (a business trust constituted on 22 February 201 1 under the laws of the Republic of Singapore) Managed by Perennial China Retail Trust Management Pte Ltd THIS NOTICE IS IMPORTANT AND REQUIRES THE IMMEDIATE ATTENTION OF NOTEHOLDERS. If Noteholders are in doubt about
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  • ENERGY & COMMODITIES
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      780 22 THE BUSINESS TIMES NOTICES IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTERS OF (1) WINSWAY CONSTRUCTION PTE LTD Reg No. *****0054H (2) WINSWAY MONCOKE PTE LTD Reg No. *****0050E (3) WINSWAY RAILTRANS PTE LTD Reg No. *****0053W (All In Members’ Voluntary Liquidation) NOTICE OF RESOLUTIONS
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      930 22 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 (THE "ACT") AND IN THE MATTER OF VARITRONIX (SINGAPORE) PTE LTD (In Members’ Voluntary Liquidation) (Company Registration No: *****5373Z) At an Extraordinary General Meeting of the Company duly convened and held at Units A-F, 35/F., Legend Tower, No. 7 Shing Yip
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  • TECHNOLOGY
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      Lock icon Six S’pore startups win Red Herring global 100 award
      517 23  -  BioSenze Life Science, Fastacash, Gumbuya, iAPPS, Sova and ViSenze also shine in the awards’ Asian edition By Jacquelyn Cheok jaccheok@sph.com.sg @JacCheokBT Singapore SIX Singapore tech startups, which were among the 18 local winners of the 2014 Red Herring Asia Top 100
      517 words
    • Article
      Lock icon Interactive 3-D map of Singapore to be ready by 2017
      148 23  -  By Aw Cheng Wei The Straits Times Singapore AN interactive 3-D map of Singapore which shows the nation’s aboveground structures such as trees, buildings and carpark lots will be available by 2017. Called Virtual Singapore, the S$73 million project initiated
      The Straits Times  -  148 words
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      Lock icon White House holiday decor goes high-tech
      758 23 WP Washington FEW Washington events embody as much tradition as the annual holiday tour at the White House. There are at least a dozen bedecked trees inside, along with a nearly 20-foot white fir outside. There is the Neapolitan creche that has been in
      WP; PHOTO: BLOOMBERG  -  758 words
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      2890 23 The Business Times Ik ~TI Toll free 1800-289-8822 I M I I Email notices@sph.com.sg I V i j L J www.sphclass.com.sg/notices V JOYAS INTERNATIONAL HOLDINGS LIMITED (Incorporated in Bermuda with limited liability) (Company Registration No. *****) NOTICE OF SPECIAL GENERAL MEETING NOTICE IS HEREBY GIVEN that a special general meeting
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  • CONSUMER
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      Lock icon Glaxo planning reorganisation: sources
      518 24 Revamp will include hundreds of job cuts in US, where the drugmaker is struggling to sell respiratory medicines BLOOMBERG Geneva GLAXOSMITHKLINE plc is planning a reorganisation that will include hundreds of job cuts in the US, where the drugmaker is struggling to sell respiratory medicines, people
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      Lock icon Sales slide shows Black Friday hype may be over
      787 24 NYT New York HAVE Americans finally had enough of Black Friday madness? Sales, both in stores and online, from Thanksgiving to the weekend were estimated to have dropped 11 per cent, to US$50.9 billion from US$57.4 billion last year, according to
      NYT; PHOTO: BLOOMBERG  -  787 words
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      Lock icon Chief of underperforming Samsung Electronics mobile unit keeps his job
      402 24 Samsung Group’s heir apparent opts to retain his father’s key lieutenants REUTERS Seoul SAMSUNG Electronics defied speculation that it would drop the head of its underperforming mobile division, as the Samsung Group’s heir apparent opted to keep the man whom
      REUTERS  -  402 words
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      Lock icon Nestle puts robot in place of George Clooney
      270 24 AFP Tokyo MOVE over George Clooney Nestle has employed a fleet of chirpy robots to sell its coffee machines in Japanese stores. The Hollywood heart-throb, who has become the global face of the Nespresso brand, has been given the elbow in favour
      AFP; PHOTO: AFP  -  270 words
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      210 24 URBANATHLON 2015 TEST YOUR STRENGTH. CHALLENGE YOUR SPIRIT. 14KM ROUTE, 9 URBAN OBSTACLES EARLY BIRD RATE AT ONLY $108! (U.P.$128) TILL DEC 15, SO HURRY! MARCH 1, 2015 7AM KALLANG PRACTICE TRACK ARE YOU A CUB OR A LION? PROVE YOUR METTLE IN SINGAPORE’S TOUGHEST RACE WITH NEW OBSTACLES, OLD
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  • TRANSPORT
    • Article
      Lock icon Singapore to adopt stricter emission standard in 2017
      414 25  -  Japan carmakers will find it easier to comply this time given that JPN 2009 will be accepted as an equivalent By Samuel Ee samuelee@sph.com.sg Singapore DISTRIBUTORS of Japanese cars will be able to respond more quickly to the adoption of the Euro
      414 words
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      Lock icon Uber struggles to woo Germans spoiled by Mercedes E-Class taxis
      779 25 BLOOMBERG Munich UBER Technologies Inc is winning customers around the world by offering cheaper rides in fancier cars. That strategy isn’t working in Germany, where the taxi fleet is ruled by Mercedes-Benz luxury sedans. The Daimler AG upscale brand accounts
      BLOOMBERG; PHOTO: BLOOMBERG  -  779 words
    • Article
      Lock icon US car dealers also getting in on the Black Friday act
      700 25 BLOOMBERG New York THE Jacky Jones Lincoln dealership had a message for Black Friday shoppers: After picking up that big-screen TV, stop by and lease an MKZ for US$299 a month. “We have better deals than normal,” said John
      BLOOMBERG  -  700 words
  • Page 25 Advertisements
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      17 25 Discover Greener Pastures Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Change of Address Notices
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      1422 25 THE BUSINESS TIMES Ik 1 f 1 Toll free 1800-289-8822 I fl I I Email notices@sph.com.sg B i j L J www.sphclass.com.sg/notices IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF GLOBAL INFOTECHNOLOGY PTE. LTD. (In Members’ Voluntary Liquidation) Reg No. *****8836C NOTICE OF RESOLUTIONS
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  • GOVERNMENT & ECONOMY
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      Lock icon More eurozone firms move back home as offshore costs rise
      804 26 Italy tops list with 44 companies; clothing, footwear and electronics firms lead ‘reshoring’ REUTERS Milan AFTER years of moving production to Asia, some European companies are following the example of their US counterparts and coming home. Decisions by the likes
      REUTERS; PHOTO: REUTERS  -  804 words
    • Article
      Lock icon Global investors cut stocks amid uncertainty: poll
      536 26 REUTERS London WORLD investors eased back on their exposure to risk assets such as stocks as they grappled with divergent monetary policies and multi-speed growth paths among major world economies, a global poll shows. A monthly survey of 47 senior investors in the
      REUTERS  -  536 words
    • Article
      Lock icon Manufacturing in Nov up more than expected
      516 26 US producers are powering ahead even as their global competitors take a beating LATEST US DATA BLOOMBERG Washington MANUFACTURING in the US expanded in November at a faster pace than projected, signalling that the world’s largest economy is rising above a global slowdown.
      BLOOMBERG  -  516 words
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      Lock icon India’s November factory growth fastest in 2 years
      250 26 REUTERS Bangalore INDIAN factory activity expanded at its fastest pace in nearly two years in November as burgeoning order books led manufacturers to accelerate output, a business survey showed on Monday. The HSBC Manufacturing Purchasing Managers’ Index (PMI), compiled by Markit, rose
      REUTERS  -  250 words
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      Lock icon Eurozone manufacturing growth in Nov stalls; new orders sink
      282 26 REUTERS London EUROZONE manufacturing growth stalled in November and new orders fell at the fastest pace in 19 months despite heavy price cutting, painting a bleak picture for the coming months, a survey showed on Monday. Also worryingly for policymakers at
      REUTERS  -  282 words
    • Article
      Lock icon ECB set to debate impact of cheaper oil on stimulus
      822 26 BLOOMBERG Frankfurt MARIO Draghi and his colleagues are about to debate whether cheaper energy is a blessing or a curse. When the European Central Bank (ECB) president convenes his Governing Council this week, the 24 policy makers will have to
      BLOOMBERG  -  822 words
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      Lock icon Ageing Europe may well have to bite the immigration bullet
      849 27 Without employment gains from migration, Europe will need an improbably big boost in productivity to sustain its living standards or see them decline REUTERS Paris EUROPE is ageing faster than any other region of the world. It badly needs immigrants.
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    • Article
      Lock icon US climate change negotiators express optimism
      1217 27 NYT Washington AFTER more than two decades of trying but failing to forge a global pact to halt climate change, UN negotiators gathering in South America this week are expressing a new optimism that they may finally achieve the elusive deal. Even with a
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    • Article
      Lock icon Taiwan cabinet quits following ruling party’s dismal polls showing
      413 27 AFP Taipei TAIWAN’S cabinet resigned en masse on Monday after the ruling party suffered a massive defeat at the island’s biggest ever local elections. The ruling Beijing-friendly Kuomintang (KMT) had their power slashed across Taiwan at the key polls on Saturday,
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    • Article
      Lock icon Indonesia inflation in Nov up more than expected
      434 27 REUTERS Jakarta INDONESIA’S annual inflation rate spiked slightly more than expected in November after fuel prices were hiked, but economists said that the central bank does not need to raise rates again anytime soon. The statistics bureau said on Monday that the
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  • OPINION
    • Article
      Lock icon Cheaper oil points to lower growth, higher fiscal deficits for Malaysia
      557 28 EDITORIAL IN an environment of low oil prices, most countries would have reason to celebrate. But not Malaysia. Cheaper oil usually means lower costs, lower inflation and a generally better base to drive growth forward. But for Kuala Lumpur,
      557 words
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      Lock icon Echoes from the 1920s
      827 28  -  TT THE BOTTOM LINE By Robert Samuelson THE WASHINGTON POST WRITERS GROUP Washington “THE nation of which (Warren G) Harding became president was not happy, and forces were underway which seemed likely, unless arrested, to bring more serious unhappiness.” journalist Mark Sullivan, 1935 As Mr Harding
      THE WASHINGTON POST WRITERS GROUP  -  827 words
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      Lock icon Discrimination in US goes beyond one race
      1330 28  -  America’s affirmative action programmes designed to help racial minorities are being used by Ivy League schools to discriminate against Asian-Americans By Leon Hadar Washington THE American public and media have been preoccupied in recent days with the political and social drama unfolding in
      PHOTO: BLOOMBERG  -  1,330 words
    • Article
      Lock icon Inequality and the Internet
      751 29  -  TT COMMENTARY By J Bradford DeLong T The writer, a former deputy assistant US Treasury Secretary, is professor of economics at the University of California at Berkeley and a research associate at the National Bureau of Economic Research Berkeley THE conclusion that America has become vastly
      751 words
    • Article
      Lock icon A new NY convention centre at no extra cost is possible
      1050 29  -  By Daniel Doctoroff NYT New York NEW York is the most diverse, dynamic city on Earth. More than 55 million people are projected to visit this year, bringing with them a total economic impact of more than US$60 billion
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    • Article
      Lock icon Postal service should use barcodes for normal mail too
      306 29  -  TT LETTER TO THE EDITOR Tan Kok Tim PRIME Minister Lee Hsien Loong has announced that a Smart Nation office will be set up in the Prime Minister’s Office for Singapore to rely on IT and high-tech systems to improve our
      306 words
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      Lock icon Businesses hold key (and cash) to X’mas Good Cheer
      930 29  -  Putting more money into pay packets injects money much more effectively into real economy, and that’s precisely what is needed now By Anthony Rowley Tokyo IT was approaching Christmas time and old Ebenezer Scrooge sat hunched at the desk of his
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  • Article
    Lock icon Shipping times
    987 30 Vessel Voy Sin Pusan Tarawa Honiara Santo Port Vila Noumea Lautoka Suva Nukualofa Apia Pago Pago Papeete Lae P. Moresby Townsville Hyundai Advance 328E 03 Dec 19 Dec 02 Jan 06 Jan 09 Jan 12 Jan 14 Jan 15 Jan 19 Jan 21 Jan 21 Jan 26 Jan
    987 words
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      214 30 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 il < Announce Your Corporate Development Come
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  • LIFE & CULTURE
    • Article, Illustration
      Lock icon Full house expected for IPTL debut in Singapore
      610 31  -  More than 9,000 tickets already snapped up for opening day at the 10,400-capacity Indoor Stadium By Lee U-Wen leeuwen@sph.com.sg @LeeUwenBT Singapore THE chief operating officer of the new International Premier Tennis League (IPTL) is expecting a full house at the Singapore Indoor
      PHOTO: DESMOND WEE/THE STRAITS TIMES  -  610 words
    • Article
      Lock icon Bordeaux prices expected to fall some more, says wine broker
      402 31 BLOOMBERG London THE decline in Bordeaux wine prices has “still got some way to go” with leading brands “coming off the euphoria” of Chinese demand for top labels in 2010 and 2011, according to Simon Farr, founder of wine broker
      BLOOMBERG  -  402 words
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      Lock icon LUGGAGE FOR A CAUSE
      266 31  -  By Rachel Loi rachloi@sph.com.sg @RachelLoiBT Singapore FOR five budding young artists from The Little Arts Academy, Monday afternoon was spent at Takashimaya Singapore colouring on luggage cases with marker pens. No, they weren’t being vandals; they were taking part in the store’s Christmas Charity Programme. The
      PHOTO: THE LITTLE ARTS ACADEMY  -  266 words
    • Article
      Lock icon Gestation crates for pigs: New Jersey governor refuses to give in
      269 31 BLOOMBERG Trenton, New Jersey NEW Jersey Governor Chris Christie has vetoed a bill that would have stopped farmers from confining breeding pigs in so-called gestation crates, which opponents including comedian Danny DeVito and Daily Show host Jon Stewart called
      BLOOMBERG  -  269 words
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      Lock icon Farewell to a movie franchise – and the ‘soul’ of the series
      945 31 Farewell to a movie franchise and the ‘soul’ of the series NYT Los Angeles AFTER wrapping his last shot of Robin Williams in Night at the Museum: Secret of the Tomb in May, Shawn Levy, the movie’s director, joined Ben Stiller, its star, in an on-set tribute to Williams. The
      NYT  -  945 words
  • Page 31 Miscellaneous
    • Miscellaneous
      Lock icon Page 31 Miscellaneous Column 1
      345 31 CRYPTIC CROSSWORD goddess (4) 30 Shout in pub from darts loser, possibly (4,6) Across 1 Trinkets from Beirut Joe and I distributed (10) 6 Voice of inferior quality? Sounds like it (4) 9 I must be bound by discretion, that’s understood (5) 10 Restore control on land (9) 12 One
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  • SME
    • Article, Illustration
      Lock icon Weight-loss salon aims to be an oasis in the CBD
      827 32  -  Kris by MENCE’s patented slimming concept uses ‘passive exercise’. BY MINDY TAN tanmindy@sph.com.sg @MindyTanBT THE weight-loss and body-toning salon Kris by MENCE bears Ms Kris Han’s name, but it was fellow founder Shawn Lim who laid down the specifications for
      PHOTO: ARTHUR LEE  -  827 words
    • Article, Illustration
      Lock icon Protecting PMEs against whimsical dismissals
      1178 33  -  Amendments to the Employment Act make PMEs with a monthly salary of up to S$4,500 as good as statutory employees.BY TTVIEW FROM AN NTU PROFESSOR employees.BY DENNIS ONG T The writer is an associate professor in business law at NTU’s Nanyang Business School WHEN Singapore’s
      FILE PHOTO  -  1,178 words
  • Page 32 Advertisements
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      87 32 Flexible office space available now V, soft a bud9® ts Regus Mb m i J 15 locations across Singapore Fully equipped and work ready offices Singapore From 1 to 50 people JTC Summit Orchard Tampines Junction Singapore CBD Qlinf rihf :e un, xC y nn Paoar Marina Bay Flexible terms
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      172 32 .comdirectory YOURGANGWAY COMINGSOON! TOAN OCEANOFBUSINESSOPPORTUNITIES! The Business Times/Shipping Timesis opening up an exciting new “trade route” for businesses catering to the maritime, shipping and related industries with the upcoming launch of its Maritime And Shipping Directory. Here’s how this new advertising platform can help your business make a splash in
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  • Page 33 Advertisements
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      267 33 NEW ZEALAND IS THE ULTIMATE BUSINESS EVENTS DESTINATION Are you the ultimate candidate? i New Zealand is the ultimate business events destination and Tourism New Zealand’s task is to make sure that the world knows it. Our role is to grow the value of international visitors for the benefit of
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