The Business Times, 12 December 2014

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

Microfilm: NL33312
Total Pages: 32
1 32 The Business Times
Page thumbnail Page 1
  • Title Section
    Lock icon Masthead
    29 1 THE BUSINESS TIMES S$1.00 S|jh A SINGAPORE PRESS HOLDINGS PUBLICATION www.businesstimes.com.sg G Z ©BTBreakingnews CO REGN NO *****2868E MCI (P) 051/08/2014 I Wednesday, October 8, 2014 Friday, December 12
    29 words
  • Article, Illustration
    Lock icon TT DAILY DIGEST
    248 1 DBS has cut its 2015 GDP growth forecast to 3.2 per cent from 3.6 per cent, amid concerns about a volatile year ahead with possibly divergent monetary policies across key central banks worldwide. TOP STORIES 2 South Korea and Singapore need to take an “aggressive look” in
    248 words
  • Article
    Lock icon MARKETS
    26 1 Thursday Change STI 3,318.70 (-7.11) KL COMP 1,744.57 (-20.95) NIKKEI 225 17,257.40 (-155.18) HANG SENG 23,312.54 (-211.98) SHENZHEN B 1,023.35 (+3.72) DOW(noon EDT) 17,726.63 (+193.48)
    26 words
  • Article, Illustration
    Lock icon Oil price steadies slightly, but market gloomy all round
    805 1  -  Analysts do not see any near-term reprieve for oil prices By Andrea Soh sandrea@sph.com.sg @AndreaSohBT Singapore AS the price for internationally traded crude oil went below US$65 a barrel for a second day, some are fearing the worst. At least for
    Source: Bloomberg  -  805 words
  • Article, Illustration
    Lock icon Former president of ST Marine charged, along with two ex-employees
    595 1  -  By Claire Huang huangjy@sph.com.sg @ClaireHuangBT Singapore BLUECHIP engineering giant Singapore Technologies Engineering (ST Engineering) has been hit by a corruption scandal that has implicated six former senior executives including two ex-presidents of its wholly owned subsidiary, Singapore Technologies Marine Ltd
    PHOTO: WONG KWAI CHOW/THE STRAITS TIMES  -  595 words
  • Page 1 Advertisements
    • Advertisement
      Lock icon Page 1 Advertisements Column 1
      84 1 *****4 DEAL FLOW IPOs return 17% globally in 2014 COMPANIES MARKETS 9 BT CLASSIFIEDS Real estate, vehicles, lifestyle 19-21 ART The market is expanding, but why are galleries shutting down? BT LIFESTYLE 27 ONLINE ONLY Read Boardroom Matters, a series of articles from the Singapore Institute of Directors, on BT
      84 words
Page thumbnail Page 2
  • TOP STORIES
    • Article
      Lock icon DBS cuts S’pore 2015 GDP growth forecast to 3.2%
      586 2  -  Divergent money policies by central banks, volatility seen By Kelly Tay kellytay@sph.com.sg @KellyTayBT Singapore DBS has cut its 2015 GDP growth forecast to 3.2 per cent from 3.6 per cent, amid concerns about a volatile year ahead with possibly divergent monetary
      586 words
    • Article
      Lock icon Keppel Club membership fraud stuns club fraternity
      488 2  -  Probe could involve more than one staff following police report lodged by club’s management By Anita Gabriel anitag@sph.com.sg @AnitaGabrielBT Singapore BEWILDERMENT gripped the club fraternity which was abuzz over news of police investigations into alleged “phantom” memberships at the 110-year-old Keppel Club. The
      488 words
    • Article, Illustration
      Lock icon Hong Kong protest site cleared but activists vow to return
      683 2 REUTERS Hong Kong HONG KONG police arrested pro-de-mocracy activists and cleared the main protest site on Thursday, marking an end to more than two months of street demonstrations in the Chi-nese-controlled city, but many chanted: “We will be back”. Most
      REUTERS; PHOTO: BLOOMBERG  -  683 words
    • Article
      Lock icon Airlines urged to implement tracking systems in one year
      516 2  -  By Nisha Ramchandani nishar@sph.com.sg @Nisha_BT @Nisha_BT Geneva AN aviation task force has proposed that airlines should implement existing flight-tracking systems on their aircraft within the next year as the first step towards improving tracking capabilities, though the deadline is expected to
      516 words
    • Article
      Lock icon Malaysia Airlines makes trading exit as it heads for another transformation
      607 2  -  Challenge will be to keep vested interests at bay from revamp plan By Pauline Ng btworld@sph.com.sg Kuala Lumpur TODAY marks the last trading day for Malaysia Airlines (MAS) on the Kuala Lumpur Stock Exchange and the beginning of a
      607 words
    • Article, Illustration
      Lock icon PM Lee conferred honorary Seoul citizenship
      578 4  -  By Lee U-Wen leeuwen@sph.com.sg @LeeUwenBT Busan, South Korea PRIME Minister Lee Hsien Loong was made an honorary citizen of Seoul on Thursday as he became only the third Singaporean in history and the 13th foreign dignitary overall to receive such an honour. Mr Lee
      PHOTO: MINISTRY OF COMMUNICATIONS AND INFORMATION  -  578 words
    • Article
      Lock icon S’pore, South Korea leaders discuss free trade, air links
      610 4  -  Separately, President Park also calls for further liberalisation of the Korea-Asean FTA By Lee U-Wen leeuwen@sph.com.sg @LeeUwenBT Busan, South Korea SOUTH Korea and Singapore need to take an “aggressive look” in the review of the Korea-Singapore free trade agreement (FTA), said
      610 words
    • Article
      Lock icon Mobile app that lets users order takeout on the go takes off
      602 6  -  Co-founder says SkipQue has secured some 40 partner restaurants, with about half already “live” on its platform By Jacquelyn Cheok jaccheok@sph.com.sg @JacCheokBT Singapore LUNCHTIME grief of snaking restaurant queues and excessive food options that have perpetually daunted time-poor
      602 words
    • Article, Illustration
      Lock icon S’pore employees spend 9.3% of job time on online shopping, social media
      488 6  -  But regional survey shows figure is lower than those of employees in Japan (14.6%) and Hong Kong (13.2%) By Jacquelyn Cheok jaccheok@sph.com.sg @JacCheokBT Singapore EMPLOYEES in Singapore spend nearly one-tenth of their work hours on non-work-related online activities,
      PHOTO: BLOOMBERG  -  488 words
Page thumbnail Page 3
Page thumbnail Page 4
  • Page 4 Advertisements
    • Advertisement
      Lock icon Page 4 Advertisements Column 1
      160 4 SHOP THE NEW LUXURY BTLuxe Christmas 2014. In print and on your iPad. Luxury’s new guard the names you need to know Noma’s Rene Redzepi takes Tokyo Heston Blumenthal goes bionic Shigeru Ban Paper hero Tetsuya Wakuda’s Kyoto tour Digital exclusives only in the BTLuxe iPad app The Great Safari
      160 words
Page thumbnail Page 5
Page thumbnail Page 6
  • Page 6 Advertisements
    • Advertisement
      Lock icon Page 6 Advertisements Column 1
      2203 6 The Business Times Ik T/^V 1 IT 1 Toll free 1800-289-8822 I I Email notices@sph.com.sg J B V i B j il www.sphclass.com.sg/notices IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF ARTHA CAPITAL SINGAPORE PTE LTD (IN MEMBERS’ VOLUNTARY LIQUIDATION) (REGISTRATION NO. *****9563M) NOTICE
      2,203 words
    • Advertisement
      Lock icon Page 6 Advertisements Column 2
      433 6 In the matter of the Companies Act, Cap 50 And In the Matter of Deva Holding Singapore Pte Ltd (In Members’ Voluntary Liquidation) (Registration No.: *****6300M) NOTICE OF FINAL MEETING Notice is hereby given that, pursuant to Section 308 of the Companies Act, Chapter 50, the Final Meeting of the
      433 words
    • Advertisement
      Lock icon Page 6 Advertisements Column 3
      16 6 Grow Your Stock Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Mergers Acquisitions Notices
      16 words
Page thumbnail Page 7
  • Page 7 Advertisements
    • Advertisement
      Lock icon Page 7 Advertisements Column 1
      868 7 NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO THE UNITED STATES, CANADA, JAPAN OR AUSTRALIA. THE SECURITIES OF KEPPEL DC REIT HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”) AND MAY NOT BE OFFERED OR SOLD
      868 words
    • Advertisement
      Lock icon Page 7 Advertisements Column 2
      1327 7 Name of Holder Relationship Number of Units Circumstances giving (‘000) rise to the interest Mr Lim Chin Hu Independent Director of 75 Allocated under the the Board of Directors PlacementTranche of the Manager Mr Dileep Nair Independent Director of 20 Allocated under the the Board of Directors PlacementTranche of the
      1,327 words
Page thumbnail Page 8
  • COMPANIES & MARKETS
    • Article
      Lock icon 10 Japanese freight forwarders, S’pore units fined for price fixing
      770 8  -  Investigations began in 2011, when watchdog received application for immunity from DCF By Chan Yi Wen yiwenc@sph.com.sg @ChanYiWenBT Singapore TEN Japanese freight forwarders and their Singapore subsidiaries or affiliates have been fined S$ 7.15 million by the Competition Commission of
      770 words
    • Article
      Lock icon Falcon to make general offer for CH Offshore
      455 8  -  By Lynette Khoo lynkhoo@sph.com.sg @LynetteKhooBT Singapore OFFSHORE marine and resources player Falcon Energy Group (FEG) intends to make a voluntary conditional cash offer for the remaining 70.93 per cent stake in CH Offshore Ltd (CHO) that it does not already own for
      455 words
    • Article
      Lock icon Hwa Hong acquires UK property for £24.6m
      222 8  -  By Lynette Khoo lynkhoo@sph.com.sg @LynetteKhooBT Singapore HWA Hong Corporation has, through a wholly owned unit, acquired a 70 per cent stake in Capital Eagle Limited (CEL), a UK company whose principal activity is property investment. In a regulatory filing with the Singapore Exchange,
      222 words
    • Article, Illustration
      Lock icon IPOs return 17% globally in 2014: EY
      639 9  -  Performance, which beats that of the MSCI world index, is seen as the best since the financial crisis in 2007 DEAL FLOW By Cai Haoxiang haoxiang@sph.com.sg @HaoxiangCaiBT Singapore IT has been a good year for initial public offerings (IPO) around the world, with
      639 words
    • Article, Illustration
      Lock icon Singapore’s transaction activity up 30% at US$55.4bthis year
      472 9  -  Boost comes from state investment firms; global PE funds set for more forays into region By Jamie Lee leejamie@sph.com.sg @JamieLeeBT Singapore THE big acquisition drive this year by Singapore’s state investment firms and their related companies has given a big boost to
      Source: American Appraisal  -  472 words
    • Article
      Lock icon Global cross-border M&A volumes at seven-year high: report
      489 9  -  By Kenneth Lim kenlim@sph.com.sg @KennethLimBT Singapore COMPANIES struck more cross-bor-der mergers and acquisitions (M&A) in 2014 than in any of the past seven years amid a surge in megadeals, according to a report by Baker McKenzie. Global cross-border deals stood at US$1.2
      489 words
    • Article, Illustration
      Lock icon STI / Catalist
      63 10 STI Catalist Straits Times index Dec 11,2014 3,318.70 -7.11 (-0.21%) Current streak 1 day Day high 3,326.13 Day low 3,314.95 52-week high 3,374.06 (July 31, 2014) 52-week low 2,960.09 (Feb 5, 2014) FTSE ST Catalist index Dec 11,2014 733.30 -2.70 (-0.37%) Current streak 1 day Day high 736.82 Day low
      63 words
    • Article, Illustration
      Lock icon Market flat as it weighs oil price plunge
      667 10  -  Keppel Corp loses ground while SIA continues to soar; SingTel is biggest contributor to ST Index TT STOCKS By Cai Haoxiang haoxiang@sph.com.sg @HaoxiangCaiBT THE Singapore market continued to digest the implications of falling oil prices on Thursday, with rig builder Keppel Corp
      Source: Bloomberg  -  667 words
    • Article
      Lock icon GAINERS
      70 10 BY CENTS CLOSE UP 52w high/low DBXT S&P Short US$ 2270 39.3 1.3 2752/2215 SIA 200 1164 24.0 2.1 1164/944 SIA 1165 21.0 1.8 1165/941 CN8200MBeCW*****9 32 14.0 77.8 33.5/2.4 DairyFarm USD 926 13.1 1.1 1090/884 BY PERCENTAGE CLOSE UP 52w high/low CN8200MBeCW*****9 32 77.8 14.0 33.5/2.4 Armarda 0.4
      70 words
    • Article
      Lock icon LOSERS
      76 10 BY CENTS CLOSE DOWN 52w high/low DBXT Nifty US$ ***** -635.6 -3.4 *****/9759 DBXT Chia50 US$ 3202 -197.9 -4.5 3367/2577 DBXT MSKorea US$ 5550 -106.2 -1.4 6735/5550 GLD US$ ***** -95.7 -0.6 *****/***** JMH USD 5799 -53.7 -0.7 6460/4934 BY PERCENTAGE CLOSE DOWN 52w high/low ChinaGaoxian W18 0.2 -33.3
      76 words
    • Article
      Lock icon UNUSUAL ACTIVITY
      82 10 VOL CLOSE($) CHANGE China Hongcheng 200.0 0.009 +0.002 +28.57 China Haida 221.0 0.023 +0.005 +27.78 China Dairy 410.0 0.092 +0.012 +15.00 Lizhong Wheel 7.0 0.193 -0.042 -17.87 Mann Seng Metal 30.0 0.095 -0.005 -5.00 Elektromotive 35,835.0 0.009 +0.001 +12.50 Tigerair 15,748.0 0.315 +0.020 +6.78 LH 2,677.0 0.004 +0.001
      82 words
    • BROKERS’ TAKE
      • Article
        Lock icon Suntec Reit
        140 10 HOLD Dec 11 close: S$1.91 Fair value: S$1.90 OCBC Investment Research, Dec 11 WE expect Suntec Reit to be a beneficiary of the robust momentum in Singapore’s prime office sector, although rental growth is likely to moderate from 2015. The situation appears less sanguine for its retail segment,
        140 words
      • Article
        Lock icon BreadTalk Group
        81 10 BUY Dec 11 close: S$1.45 Target price: S$1.90 OSK dmg Research, Dec 11 WE believe BreadTalk’s diversified offerings and mass market prices will continue to thrive despite the weak spending environment. We trim our S$1.90 target price but reiterate our “buy” call as the stock remains undervalued, trading
        81 words
      • Article
        Lock icon Cordlife Group
        217 10  -  Compiled by Teh Shi Ning BUY Dec 11 close: S$0.91 Target price: S$1.30 Maybank Kim Eng Research, Dec 11 CORDLIFE’S 10 per cent stake in China Cord Blood Corporation (CCBC) 14.2 per cent upon conversion of convertible bonds in 2017 should only become more valuable over time, in
        217 words
      • Article
        Lock icon CALENDAR
        8 10 DATA I 9.30 am China industrial production
        8 words
    • Article
      Lock icon STI STOCKS
      306 10 Stock name Close Change Day high/low 52w high 52w low PE Div yield Mcap Ascendas Reit 235 -1 237/232 250 206 6.1 5937.8 CapitaLand 333 +4 334/327 348 268 16.7 2.4 *****.9 CapitaMall Trust 199.5 -0.5 202/199.5 209 180 5.1 6919.2 CityDev 1000 -2 1007/998 1118 860 13.6
      306 words
    • Article
      Lock icon MOST ACTIVE
      36 10 VOLUME IHC 84,984,000 Mirach Energy 71,898,000 Elektromotive 35,835,000 Golden Agri-Res 33,688,000 Beng Kuang 30,718,000 Market volume 1,301,924,000 VALUE SingTel 99,771,255 DBS Grp 74,345,040 Keppel Corp 66,930,420 UOB 37,291,980 OCBC Bank 34,690,740 Market value 1,019,282,000
      36 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      77 10 Dec 11 VALUE CLOSE BT OB/OS -714.00 -17.00 BT CADI -*****.00 -84.00 BT 10-day MA -*****.00 -72.00 FTSE ST Mid Cap 738.87 -3.08 FTSE ST Small Cap 490.03 -1.73 FTSE ST All Share 794.59 -2.03 FTSE ST China Top 183.45 -0.62 FTSE ST China 219.36 -0.75 FTSE
      77 words
    • Article
      Lock icon SGX ETFs
      108 10 Most Active Fund Last sale +/-(‘000) Day high/low 52w high/low Buy/Sell Mcap STI ETF 337 332 337/336 343/298 336/337 UETF SSE50China 204 -5 106 209/202 217/140 203/204 63.8 Lyxor Japan US$ US115.7 xd -1.7 100 115.7/115.6 125.5/110 115.6/115.8 18.5 DBXT CSI300 US$ US900 -15 98 919/900 958/613 904/907
      108 words
    • Article, Illustration
      Lock icon STI / FTSE ST All-Share
      35 10 STI FTSE ST All-Share FTSE ST All-Share Index Dec 11,2014 794.59 -2.03 (-0.25%) Current streak 1 day Day high 795.89 Day low 793.99 52-week high 819.39 (July 31, 2014) 52-week low 722.35 (Feb 5, 2014)
      35 words
    • Article, Illustration
      Lock icon STI / MSCI EAFE
      33 10 STI MSCI EAFE MSCI EAFE Index Dec 10,2014 1,797.34 -14.04 (-0.78%) Current streak 3 days Day high 1,806.94 Day low 1,795.05 52-week high 1,995.49 (July 3, 2014) 52-week low 1,714.64 (Oct 16, 2014)
      33 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 10 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 2 10 3 0 0 0 2 10 3 Manufacturing 30 47 29 4 13 5 34 60 34 Commerce 15 13 21 5 2 2 20 15 23 Tpt/Stor/Comms 13 12 10
      186 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      117 10 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 20,099 20,099 92,048 92,048 Manufacturing 108,728 50,848 159,576 81,315 2,245 83,560 Commerce 69,209 12,032 81,241 83,621 852 84,473 Tpt/Stor/Comms 115,106 1,459 116,565 211,577 534 212,111 Finance 17,585 19 17,604 166,159 5 166,164 Construction 47,379 12,394
      117 words
    • Article
      Lock icon Norwegian krone sinks on surprise rate cut
      393 11 TT CURRENCIES REUTERS London NORWAY’S krone sank by almost a full percentage point on Thursday after a slump in oil prices and demand provoked its central bank into an early and unexpected cut in interest rates, driving the currency to its weakest since
      REUTERS  -  393 words
    • FOREX RATES
      • Article
        Lock icon INTERBANK CROSS RATES
        471 11 Dec 11 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.954 5.147 0.667 6.455 51.874 102.743 0.983 9.158 2.900 1.064 83.807 37.047 1.092 9.573 0.803 26.006 27.338 0.530 0.833 Canada 1.048 5.396
        471 words
      • Article, Illustration
        Lock icon SHANGHAI COMPOSITE
        2 11
        2 words
      • Article, Illustration
        Lock icon DOW JONES
        2 11
        2 words
      • Article
        Lock icon INTERBANK CURRENCY RATES
        155 11 Dec 11 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.0909 1.0921 0.8324 0.8330 Canadian dollar 1.1440 1.1448 0.8732 0.8729 Euro 1.6354 1.6363 1.2478 1.2481 NZ dollar 1.0254 1.0264 0.7824 0.7829 Sterling pound 2.0605 2.0619 1.5722 1.5728
        155 words
      • Article
        Lock icon US$/S$ FORWARD RATES
        22 11 Dec 11 S$ Bid Offer 1-month 1.3108 1.3113 2-months 1.3109 1.3114 3-months 1.3111 1.3117 6-months 1.3115 1.3122 Source: OCBC
        22 words
      • Article, Illustration
        Lock icon HANG SENG
        2 11
        2 words
      • Article, Illustration
        Lock icon NIKKEI
        1 11
        1 words
    • EQUITY BONDS WARRANTS FUTURES
      • Article
        Lock icon SGX DERIVATIVES TRADING
        368 11 Dec 11 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.49 *****.73 *****.63 Dec14 *****.00 *****.00 *****.00 *****.00 *****9 *****7 Mar15 *****.00 *****.00 *****.00 *****.00 *****0 *****6 MSCI TAIWAN INDEX FUTURES SPOT 332.50 334.40 331.42 Dec14 333.80 334.40 330.30 331.80 ***** *****5 Jan15 334.00
        368 words
      • Article
        Lock icon BONDS, WARRANTS, PREFERENCE SHARES
        213 11 Most active Dec 11 Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left KepCorp MB eCW*****2 8.3 -1 5121 0.2 900 6 DBS MB ePW*****2 13.1 0.6 4755 0.2 1910 4 FTSEChinaA50 9000 MBePW*****0 13.4 1.4 3050 0.0 3 DBS
        213 words
      • Article
        Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
        373 11 In local curr In S$ In US$ dy yr dy yr dy yr Dec 10 Index Change Change Change Change Change Change World Preliminary 1265.5 -0.8 6.8 -1.1 6.8 -0.9 2.8 EAFE Preliminary 982.9 -0.7 2.8 -1.0 -2.5 -0.8 -6.2 Europe Preliminary 1375.9 -0.4 1.5
        373 words
    • BANK RATES
      • Article
        Lock icon INTERBANK RATES
        154 11 Dec 11 $S Offer Bid 0vernight 0.05 0.03 1-month 0.4375 0.3125 2-months 0.4375 0.3125 3-months 0.4375 0.3125 Overnight mode: 0.03 US$ Offer Bid 7 days 0.18 0.08 1 month 0.25 0.15 2 months 0.30 0.20 3 months 0.40 0.20 6 months 0.50 0.30 9 months 0.60 0.40 12
        154 words
      • Article
        Lock icon SIBOR
        36 11 Dec 11 (S$) 1 mth 0.***** 2 mths 3 mths 0.***** 6 mths 0.***** 9 mths 12 mths 0.***** SWAP Offer rates (S$) 1 mth 0.***** 3 mths 0.***** 6 mths 0.***** Source: Thomson Reuters
        36 words
      • Article
        Lock icon GOVERNMENT SECURITIES
        61 11 Dec 11 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year NY*****F 3.75 01-Sep-16 105.41 5-Year N*****0H 1.625 01-Oct-19 100.64 10-Year NY*****H 3.000 01-Sep-24 106.87 106.97 106.81 15-Year NY*****E 2.875 01-Jul-29 104.1 104.35 104.10 20-Year NZ*****V 3.375 01-Sep-33 109.85 30-Year NA*****N 2.750 01-Apr-42
        61 words
    • AGRI METALS ENERGY
      • Article
        Lock icon COMMODITY FUTURES
        212 11 Dec-10 Price Net change change Last Trade Agricultural Dec-10 CBOT Soybeans (US cents/bu) 1032.00 -17.25 -1.64% 14/01/2015 CBOT Soybean Oil (US cents/lb) 31.67 -0.24 -0.75% 12/12/2014 CBOT Wheat (US cents/bu) 593.25 -7.25 -1.21% 12/12/2014 Dec-10 LIFFE Cocoa (£/tonne) 1999.00 0.00 0.00% 12/12/2014 LIFFE Coffee (US$/tonne) 1975.00 -19.00 -0.95%
        212 words
      • Article
        Lock icon PALM OIL
        57 11 Dec 11 KLCE Palm Futures (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Dec 14 2145.0 2140.0 2175.0 2145.0 3 1693 Jan 15 2145.0 2168.0 2182.0 2140.0 902 ***** Feb 15 2160.0 2175.0 2199.0 2148.0 ***** ***** Mar 15 2164.0 2179.0
        57 words
    • Article, Illustration
      Lock icon NY probing Deutsche Bank, Barclays’ FX algorithms: source
      525 12 Evidence may have been found to show that banks have tools in their platforms to manipulate rates BLOOMBERG New York NEW York regulators have found evidence that Barclays Plc and Deutsche Bank AG may have used algorithms on their trading platforms to
      BLOOMBERG; PHOTO: BLOOMBERG  -  525 words
    • Article
      Lock icon Epicentre in RTO deal with medical aesthetics player
      321 12  -  By Lynette Khoo lynkhoo@sph.com.sg @LynetteKhooBT Singapore EPICENTRE Holdings, a retailer of Apple brand products, has inked a binding term sheet to acquire businesses from Healthtrends Medical Investments and its subsidiaries for S$ 1 00 million via the issuance of new shares. If
      321 words
    • IN BRIEF
      • Article
        Lock icon Tee International unit wins S$26m contracts
        71 12 TEE International Limited said its engineering business has clinched S$26 million worth of contracts from repeat and new clients in Singapore, bringing its total outstanding order book to about S$467 million. These include two new contracts from repeat client Changi Airport Group for addition
        71 words
      • Article
        Lock icon Logistics Holdings bags S$13.47m MOE deal
        58 12 LOGISTICS Holdings Limited said it has, through its wholly owned subsidiary Logistics Construction Pte Ltd, secured a S$13.47 million contract from the Ministry of Education (MOE). The contract involves the proposed addition and alteration works covering the erection of a six-storey classroom block and
        58 words
      • Article
        Lock icon Keppel DC Reit retail tranche 9.6x subscribed
        69 12 KEPPEL DC Reit, which makes its debut trading on Friday, saw its retail tranche (comprising 53.8 million units) 9.6 times subscribed at the close of its public offer. Its placement tranche of 207.4 million units was 24.4 times subscribed. Credit Suisse (Singapore) Limited,
        69 words
      • Article
        Lock icon GLP inks new China leasing agreements
        36 12 GLOBAL Logistic Properties Limited (GLP) announced that it has signed new leasing agreements with four existing customers for a total space of 65,000 square metres in six locations across China.
        36 words
  • Page 8 Advertisements
    • Advertisement
      Lock icon Page 8 Advertisements Column 1
      1172 8 L _>NO SIMNY VERONESE OW CHK) KIAT DR LOO CMOON YONO XFMMMnPTICh. "JOHN CHUANG TIONG CHOON uew mun leong >0 CHIAU BENG PETRA FOODS LTD chia ..h™LIEW MUN LEONGr™ SNG I PETRA FOODS Ll AG BENG SENG SIM WONG HO “JOHN CHUANG TIONG CHOON DR LOO CHOON YONG ALBERT HO
      1,172 words
Page thumbnail Page 9
  • Page 9 Advertisements
    • Advertisement
      Lock icon Page 9 Advertisements Column 1
      2077 9 The Business Times NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.sphclass.com.sg/notices IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF (1) SCOTTS CENTRE MANAGEMENT PTE LTD (IN MEMBERS’ VOLUNTARY LIQUIDATION) (Co. Reg. No. *****1636G) (2) SUITES MANAGEMENT SERVICES PTE. LTD. (IN MEMBERS’ VOLUNTARY LIQUIDATION) (Co. Reg.
      2,077 words
Page thumbnail Page 10
Page thumbnail Page 11
Page thumbnail Page 12
  • Page 12 Advertisements
    • Advertisement
      Lock icon Page 12 Advertisements Column 1
      143 12 E X P E R I E N C E THE NEW LUXURY BTLuxe Christmas 2014. In print and on your iPad. Digital exclusives only in the BTLuxe iPad app: The Great Safari Adventure Visit the House of Laurent-Perrier Download it now for free at the App Store Luxe Win
      143 words
Page thumbnail Page 13
  • BANKING & FINANCE
  • Page 13 Advertisements
    • Advertisement
      Lock icon Page 13 Advertisements Column 1
      314 13 wine, v NWi 1^ r Mflf 1 V V i> OO Hungry for some early celebrations? CO Special Set Menus Dec. 15 th onwards 3 Course Lunch Set S$25++ 4 Course Dinner Set with a glass of Red or White Wine S$48++ Christmas Eve Special Buffet A Festive Christmas Spread
      314 words
Page thumbnail Page 14
  • ENERGY & COMMODITIES
    • Article
      Lock icon Indonesia woos nations for refinery venture
      642 14 It hopes to upgrade ageing refineries in US$25b project as president overhauls country’s energy industry BLOOMBERG Jakarta INDONESIA is seeking money from Saudi Arabia to Japan for a US$25 billion upgrade of ageing refineries as President Joko Widodo’s effort to cut subsidies prompts the
      BLOOMBERG  -  642 words
    • Article, Illustration
      Lock icon Saudi Arabia to end domestic wheat purchase
      373 14 AFP Jedda SAUDI Arabia will stop buying domestically grown wheat in two years’ time and rely completely on imports of the grain, the water-short kingdom’s new agriculture minister said on Wednesday. By investing tens of billions of dollars, the desert nation’s output grew
      AFP; PHOTO: AFP  -  373 words
    • Article
      Lock icon US milk glut sends prices tumbling
      662 14 BLOOMBERG Chicago MILK is flowing like never before in the US, where dairies have expanded output enough to send wholesale prices plunging from an all-time high in September. Production in the 12 months through October reached 17.08 billion pounds a month on average, up
      BLOOMBERG  -  662 words
  • Page 14 Advertisements
    • Advertisement
      Lock icon Page 14 Advertisements Column 1
      703 14 The Business Times NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.sphclass.com.sg/notices GRANDNESS SINO GRANDNESS FOOD INDUSTRY GROUP LIMITED (Company Registration Number: *****6801H) (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING Unless otherwise defined, all capitalised terms herein shall bear the same meaning as used in the circular dated
      703 words
    • Advertisement
      Lock icon Page 14 Advertisements Column 2
      875 14 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF BNP PARIBAS INVESTMENT SERVICES SINGAPORE PRIVATE LIMITED (Registration No. *****7553W) (In Member’s Voluntary Liquidation) NOTICE OF RESOLUTIONS [Pursuant to Section 290(2)(b)] An Extraordinary General Meeting of the Company deemed to have been convened pursuant to Section
      875 words
Page thumbnail Page 15
  • TECHNOLOGY
    • Article, Illustration
      Lock icon Sony hackers expose spats, a “brat” and trade secrets
      847 15 The favourite target now exposed to potential lawsuits and backlash from key Hollywood players WP Washington THE hack of Sony Pictures Entertainment has escalated into a humiliating public crisis for the company as deeply held secrets including business practices, pay disparities
      WP; PHOTO: AFP  -  847 words
    • Article
      Lock icon iPod Nano user to represent US consumers in suit against Apple
      475 15 She claims firm made it a hassle to listen to the “rare music” she enjoys BLOOMBERG Oakland, California WITH their US$1 billion lawsuit against Apple Inc on thin ice, consumer lawyers found their new lead client an amateur skater
      BLOOMBERG  -  475 words
    • Article
      Lock icon Gear up for a giant advance in fitness-tracking devices
      620 15 AFP San Francisco SENSORS that track steps, pulse, diet and more marked a wearable computing fashion trend this year as they evolve from measuring what we’ve done to telling us what to do. Smart bracelets, watches and pendants increasingly adorned the
      AFP  -  620 words
    • Article
      Lock icon Amazon considers global same-day delivery
      275 15 REUTERS San Francisco AMAZON.COM Inc is considering expanding its same-day delivery programme globally, recent job listings have shown, underlining the importance of fast shipping to its ability to compete with the instant gratification offered by brick-and-mortar stores. The No 1 US online retailer is also
      REUTERS  -  275 words
  • Page 15 Advertisements
    • Advertisement
      Lock icon Page 15 Advertisements Column 1
      1684 15 THE BUSINESS TIMES NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.sphclass.com.sg/notices IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF MOSAIC ASSET MANAGEMENT PTE. LTD. (IN MEMBERS’ VOLUNTARY LIQUIDATION) CO. REG. NO. *****6110M NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members of MOSAIC
      1,684 words
Page thumbnail Page 16
  • CONSUMER
    • Article, Illustration
      Lock icon Sneaker wars heat up as designers face lawsuit
      823 16 Nike accuses designers of breaching contracts, stealing trade secrets and making off with product designs WP Washington THE massive heist from the world’s biggest sportswear firm was, as Nike lawyers allege, an inside job. Faking a broken laptop, one of the sneaker
      WP; PHOTO: REUTERS  -  823 words
    • Article
      Lock icon Superbug cost on global economy may hit US$100t over 35 years
      313 16 BLOOMBERG London DRUG-RESISTANT superbugs could cost the global economy as much as US$100 trillion between now and 2050, a threat that warrants as much attention as climate change, according to a review led by economist Jim O’Neill. If unchecked,
      BLOOMBERG  -  313 words
    • Article
      Lock icon Burger King will save millions in US taxes via ‘inversion’: report
      417 16 REUTERS Washington FAST food chain Burger King will avoid hundreds of millions of dollars in US taxes if, as planned, it completes its pending buyout of Canadian coffee-and-doughnut chain Tim Hortons, a tax activist group said on Thursday. In
      REUTERS  -  417 words
    • Article
      Lock icon Nestle to open 10 skincare research centres globally
      309 16 Company also spending US$350m on R&D in dermatology this year REUTERS London NESTLE was to announce on Thursday plans to open 10 skincare research centres worldwide, deepening its investment in a faster-growing market for healthcare products. The Swiss company, known globally for
      REUTERS  -  309 words
  • Page 16 Advertisements
    • Advertisement
      Lock icon Page 16 Advertisements Column 1
      139 16 THE BUSINESS TIMES riiiur mi m MAYBANK KIM ENG Invest Asia 2015 80 What lies ahead for you, the investor, in 2015? Hear from our distinguished panel of speakers at this seminar as they share their insights on the coming year, to help you navigate the ups and downs of
      139 words
Page thumbnail Page 17
  • TRANSPORT
    • Article, Illustration
      Lock icon Honda, Nissan, Mitsubushi recall more cars over Takata scandal
      496 17 Move involving some 552,000 vehicles takes total number of Takata-related recalls to about 20 million since 2008 REUTERS Tokyo THREE Japanese carmakers will recall more than half a million cars globally to replace airbag inflators made by Takata Corp, taking the
      REUTERS; PHOTO: REUTERS  -  496 words
    • Article
      Lock icon FAA gives 4 more firms the nod to use drones
      411 17 REUTERS Washington THE US Federal Aviation Administration (FAA) on Wednesday granted four more companies exemptions to use drones commercially, further opening the airspace to unmanned aircraft even as lawmakers raised questions about the risks. Trimble Navigation Ltd, VDOS Global LLC,
      REUTERS  -  411 words
    • Article, Illustration
      Lock icon Virgin Australia frets over low consumer confidence
      536 17 BLOOMBERG Sydney VIRGIN Australia Holdings Ltd, Australia’s second-largest airline, says the economy is its biggest concern as consumer confidence hits a three-year low. The state of Australian household demand is a bigger worry than oil prices or competition with Qantas Airways Ltd, chief
      BLOOMBERG; PHOTO: BLOOMBERG  -  536 words
    • Article
      Lock icon Mercedes aims to zip past Audi, BMW by narrowing China gap
      534 17 BLOOMBERG Frankfurt MERCEDES-BENZ, the world’s third-largest maker of luxury cars, vowed to narrow the gap with Audi and BMW in China to meet a goal of overtaking the German peers in global sales by the end of the decade.
      BLOOMBERG  -  534 words
    • Article
      Lock icon EU lorry safety, efficiency law to be delayed until 2019
      378 17 REUTERS Brussels A EUROPEAN Union law agreed late on Wednesday to make lorries safer and more aerodynamic, cutting fuel bills, emissions and improving safety, will be delayed by around five years after the industry pushed for more time to develop
      REUTERS  -  378 words
  • Page 17 Advertisements
    • Advertisement
      Lock icon Page 17 Advertisements Column 1
      699 17 The Business Times NOTICES IPS SECUREX HOLDINGS LIMITED (Company Registration Number: *****7639H) (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of IPS Securex Holdings Limited (the "Company”) will be held at 71 Tech Park Crescent, Singapore *****2, on
      699 words
Page thumbnail Page 18
  • REAL ESTATE
    • Article, Illustration
      Lock icon Rundown NY homes draw Aussie fund
      533 18 US Masters Residential Property Fund buys only properties located less than an hour by public transport from midtown Manhattan BLOOMBERG Sydney THE first listed Australian landlord of US housing is hunting for rundown properties in the New York City area as prices hit new
      BLOOMBERG; PHOTO: BLOOMBERG  -  533 words
    • Article
      Lock icon Dubai-owned firm to open 4 mid-pnced hotels next year
      374 18 BLOOMBERG Dubai A COMPANY owned by Dubai’s government plans to open four hotels in the emirate next year to expand the supply of mid-priced rooms in a market dominated by luxury accommodation, its chief executive officer said. Wasl Asset Management’s Hesham
      BLOOMBERG  -  374 words
    • Article
      Lock icon November UK home prices up the least in 18 months
      290 18 REUTERS London BRITISH house prices grew at their slowest rate in a year and a half during the past three months, a property industry body said on Thursday, but a planned cut to property taxes is likely to temper the
      REUTERS  -  290 words
    • Article
      Lock icon UK’s Grosvenor seeks Shanghai sites for China office project
      484 18 BLOOMBERG Hong Kong GROSVENOR Group, the real estate firm owned by the Duke of Westminster’s family, is looking to bid for land in Shanghai for its first large-scale development in China amid falling property prices. The company wants to build prime
      BLOOMBERG  -  484 words
    • Article, Illustration
      Lock icon Demand for homes surges after Israeli government scuttles zero-VAT proposal
      669 18 BLOOMBERG Jerusalem BUSINESS has suddenly picked up at Shelly Levine’s Jerusalem real estate agency: The crumbling of Prime Minister Benjamin Netanyahu’s government has killed a proposed tax break that had homebuyers biding their time. Yair Lapid, the finance minister Mr
      BLOOMBERG; PHOTO: BLOOMBERG  -  669 words
    • Article, Illustration
      Lock icon US foreclosure activity down 9% in November
      328 19 Banks repossess fewer homes and schedule fewer auctions amid a more upbeat housing market than in the prior month REUTERS Washington FORECLOSURE activity across the United States fell in November as banks repossessed fewer homes and scheduled a lower number of auctions, according
      REUTERS; PHOTO: BLOOMBERG  -  328 words
    • Article
      Lock icon Canada financial stability threatened by high property prices
      316 19 AFP Ottawa SOARING real estate prices and high consumer debt could threaten Canada’s financial stability, the central bank warned on Wednesday. The risk of “an adverse shock” to the system has lessened over the past six months due to ongoing global financial
      AFP  -  316 words
Page thumbnail Page 19
  • Page 19 Advertisements
    • Advertisement
      Lock icon Page 19 Advertisements Column 1
      663 19 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements The Business Times CLASSIFIED BUY IT SELL IT FIND IT D04 HOUSE FOR SALE SENTOSA Bungalow Sentosa 3½-Storey 8159 sqft,6+1 ensuite, 2 living, Pool, Lift, Berth. Also for rent. Owner 9144 0027/ 9771 6341 D09 HOUSE FOR SALE JALAN KAYU MANIS Rare!
      663 words
    • Advertisement
      Lock icon Page 19 Advertisements Column 2
      126 19 D18 WAREHOUSE FOR SALE TAMPINES STREET 92 282 Carpark. 8-storey. B2. Land 95,788 sqft/ floor 132,835sqft Tampines. PIE ECP TPE. Call Anthony 9022 3000 SML D02 OFFICE FOR RENT TANJONG PAGAR Office with greenery patio. 550 sqft. Inclusive Aircons, electrical storage. Flexible lease. $2,450 per mth. Email gnrptltd@singnet.com.sg D06 OFFICE
      126 words
Page thumbnail Page 20
  • VEHICLES
    • Article, Illustration
      Lock icon How it works: the air-conditioner
      880 20  -  This is our third “ABCs” article in a series that demystifies common automotive technology Story by Shreejit Changaroth hanks to the automotive air-conditioning unit, the “weather” inside a car can change rapidly once we’re on the move a great boon given our tropical climate. Making
      880 words
  • Page 20 Advertisements
    • Advertisement
      Lock icon Page 20 Advertisements Column 1
      114 20 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements The Business Times CLASSIFIED BUY IT SELL II FIND IT BMW FOR SALE BMW 316i 5/2014 BMW 316i. Very New! 3 yrs Agt Warranty, Flexi in-house loan avail. Mileage less than 500km Call 9450 5050 6555 3300 BMW FOR SALE BMW 520i
      114 words
    • Advertisement
      Lock icon Page 20 Advertisements Column 2
      69 20 HONDA FOR SALE FIT 1.3 AUTO 7/2007, Brown colour. Sell $45,800. 2 Owners. New Paint. Call *****123 *****045 Yong Lee Seng Motor Pte Ltd HONDA FOR SALE HONDA VEZEL CarTimes Award Winning Co! Vezel 1.5 G/X Audio control steering Tonneau cover. 70 units Sold! High Loan. Tel: 6744-5111/ 9618-1161 /8450-2143
      69 words
    • Advertisement
      Lock icon Page 20 Advertisements Column 3
      76 20 LORRY FOR SALE MITSUBISHI CANTER ’2014 New 15Ft Wooden Bed Immediate delivery Agent warranty. Low deposit. Interested please call *****800 LOTUS FOR SALE LOTUS EXIGE Apr 2012 Lotus Exige S Club Racer 1.8M. Only 2 Units In Singapore.. Matt Black, 2 Owner, 9km. Full Eurosports Service Records. $182k. Call *****118
      76 words
    • Advertisement
      Lock icon Page 20 Advertisements Column 4
      80 20 PORSCHE FOR SALE PANAMERA 2/’12 Panamera S. Lowest Depreciation 38k yr. Low Mileage, 1yr Warranty. Best Offer Secures! Call 6339 1168 SPORTS/ COUPE/ CABRIOLET FOR SALE FERRARI 430 SPIDER June 2010. Beige/Black leather interior. Carbon fibre trim, Bose sound system, Daytona seats etc. Ital unit, 20,000km. Tel: 6338 0123 9111
      80 words
    • Advertisement
      Lock icon Page 20 Advertisements Column 5
      100 20 SPORTS/ COUPE/ CABRIOLET FOR SALE PORSCHE 911 CARRERA 2S COUPE PDK Nov 2013. Black leather, sports chrono package, sports exhaust and more. Stuttgart unit in pristine condition, 9600km. Tel: 6338 0123 9111 9650 TOYOTA FOR SALE TOYOTA HARRIER CarTimes Award Winning Co! New Harrier Premium 7-days delivery. Tonneau Cover. High
      100 words
Page thumbnail Page 21
  • LIFESTYLE
    • Article, Illustration
      Lock icon Tips for a last-minute holiday getaway
      635 21  -  By Stephanie Rosenbloom NYT lanning to travel over the holidays? Still haven’t made reservations? It’s not too late to find an affordable Christmas getaway. This procrastinator’s guide to holiday travel is for you. P GO WHERE THE DEALS ARE If you want to take
      NYT  -  635 words
  • Page 21 Advertisements
    • Advertisement
      Lock icon Page 21 Advertisements Column 1
      372 21 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements the business times CLASSIFIED BUY IT SELL IT FIND IT BRIDAL SERVICES BANQUET DINNER 31st Jan ’15 at Conrad Centennial S’pore Ballroom Total 32 tables booked offer disc for whole or partial. Ms Kim 9836 4738 Ms Elaine 9182 0587 BUSINESS PRODUCTS
      372 words
    • Advertisement
      Lock icon Page 21 Advertisements Column 2
      101 21 PETS PET CARE KOI FARM Biggest, Cheapest Largest in Singapore New arrival from Japan!! Nippon Koi Farm, No 51 Jln Lekar. Tel: 6763 1882 or www.nipponkoifarm.com PETS PET CARE PET FARM Small to Medium breed. Large puppies and kitten. Food and accessories. Boarding long/ short-term. Please call 6582 3333ERICSSON: SMALL-MEDIUM
      101 words
Page thumbnail Page 22
  • GOVERNMENT & ECONOMY
    • Article
      Lock icon November core retail sales up more than expected
      571 22 Cheaper petrol, good jobs market giving the holiday shopping season a boost LATEST US DATA REUTERS Washington US CONSUMER spending advanced at a brisk clip in November as lower petrol prices gave the holiday shopping season a boost, offering the latest sign
      REUTERS  -  571 words
    • Article
      Lock icon Indonesia keeps rates on hold, maintains 2015 inflation target
      321 22 REUTERS Jakarta INDONESIA’S central bank kept policy rates on hold at its last policy meeting of the year on Thursday, as expected, saying levels were consistent with efforts to contain inflation after a fuel price hike. Bank Indonesia (BI) held its
      REUTERS  -  321 words
    • Article
      Lock icon November Aussie jobless rate hits 12-year high
      529 22 AFP Sydney AUSTRALIA’S unemployment rate reached a 12-year high in November, data showed on Thursday, as more people looked for jobs in a softening economy hurt by falling commodity prices and weak Chinese demand. Unemployment edged up to 6.3 percent as 42,700 jobs
      AFP  -  529 words
    • Article, Illustration
      Lock icon BOE overhauls communications, plans fewer policy meetings
      512 22 REUTERS London THE Bank of England (BOE) will provide instant information about its interest rate discussions and plans to hold fewer policy meetings under the latest set of changes put forward by governor Mark Carney. In an overhaul of the way the Bank
      REUTERS  -  512 words
    • Article, Illustration
      Lock icon Many feel American dream out of reach, poll shows
      874 22 US public less hopeful than after 2008 financial crisis of hitting jackpot NYT New York DESPITE an improving economy and jobs picture, Americans are more pessimistic than they were after the 2008 financial crisis that it is possible to work hard
      NYT; PHOTO: AFP  -  874 words
    • Article
      Lock icon Japan pummelled by more bad news; October machinery orders down 6.4%
      540 23  -  Analysts see weak capital spending ahead along with stagnant personal consumption By Anthony Rowley btworld@sph.com.sg Tokyo THE litany of bad news on Japan’s economy continued on Thursday in the run-up to next Sunday’s general election with data showing that
      540 words
    • Article
      Lock icon Pundits bet on yen collapse following Abe victory
      675 23 REUTERS Tokyo AN election sweep for Japanese Prime Minister Shinzo Abe this weekend looks like a safe bet, but some are betting that the consequences for Japan could be calamitous a collapse in the yen and uncontrolled inflation. The continuation of “Abenomics”,
      REUTERS  -  675 words
    • Article
      Lock icon Russia will remain India’s top defence supplier
      297 23 REUTERS New Delhi INDIAN Prime Minister Narendra Modi told President Vladimir Putin on Thursday that Russia will remain India’s top defence supplier, even though New Delhi’s options had improved since the end of the Cold War. Mr Modi spoke after a one-day summit
      REUTERS  -  297 words
  • Page 22 Advertisements
    • Advertisement
      Lock icon Page 22 Advertisements Column 1
      54 22 YEAR END SALE mvA Flagship Store Defu Showroom Commun 9 Raffles Boulevard #02-52 Millenia Walk Singapore ***** Tel 6338 3823 Mon-Fri: 1130AM-9PM Sat-Sun: 11AM-9PM 28 Defu Lane 4 Singapore *****4 Tel 6282 9086 Mon-Fri: 9AM-6PM Sat-Sun: 9AM-7PM Paragon Showroom nis 290 Orchard Road #04-50 Paragon Singapore *****9 Tel 6338 7789
      54 words
Page thumbnail Page 23
  • Page 23 Advertisements
    • Advertisement
      Lock icon Page 23 Advertisements Column 1
      93 23 STYLISH LIVING MADE EASY JUST A CLICK AWAY W W W. H O M E A N D D E C O R C O M S G AN INTERACTIVE, STYLE-DRIVEN INTERIOR DESIGN WEBSITE FOR HOMEOWNERS AND DECOR ENTHUSIASTS. HOME PRODUCTS CHRISTMAS GIVEAWAY Find what you need from over 7,600
      93 words
    • Advertisement
      Lock icon Page 23 Advertisements Column 2
      439 23 The Business Times Ik I 1 I Toll free 1800-289-8822 I I I B Email noticestSsph.com.sg I J I I i B ij www.sphclass.com.sg/notices IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF OLIVE CONNEXIONS INT’L PTE. LTD. (the “company”) (In Members' Voluntary Liquidation) (Company
      439 words
    • Advertisement
      Lock icon Page 23 Advertisements Column 3
      1002 23 ISR ISR CAPITAL LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****4762G) NOTICE OF EXTRAORDINARY GENERAL MEETING Unless otherwise defined or the context otherwise requires, all capitalized terms herein shall bear the meanings given in the circular dated 12 December 2014 issued by the Company (the “Circular") NOTICE
      1,002 words
Page thumbnail Page 24
  • OPINION
    • Article
      Lock icon Asian equities, with diversification, look rewarding in 2015
      601 24 EDITORIAL IT’S the time of year when market strategists issue their projections for the next one and, in many reports, one word stands out for 2015: divergence. This is true in terms of central bank policy directions and economic trajectories. In the
      601 words
    • Article
      Lock icon The road to financing Asia’s vast infrastructure needs
      973 24  -  TTTHE BOTTOM LINE By Gordon French T The writer is head of global banking and markets, Asia-Pacific at HSBC IF ASIA’S emerging markets are to avoid the middle income trap, they need to create foundations for the next phase of growth: they
      973 words
    • Article, Illustration
      Lock icon Will Hillary be crowned?
      1363 24  -  There are potential challengers but at least for now the Democratic nomination seems “ordained” for Mrs Clinton.BY LEON HADAR Clinton.BY LEON HADAR Washington AS political strategists and pundits were discussing in late 2006 the shape of the 2008 American presidential campaign, they were still wondering who
      PHOTO: AFP  -  1,363 words
    • Article, Illustration
      Lock icon MANAGING SINGAPORE’S WATER
      1451 25  -  The remarkable transformation of Singapore’s urban water services has not been witnessed anywhere else. But challenges lie ahead. The low price of water here may also have created a perception problem. BY CECILIA TORTAJADA, ASIT K BISWAS T The writers are, respectively, Senior Research Fellow at the
      PHOTO: PUB  -  1,451 words
    • Article
      Lock icon No attempt made to suppress information on SGX website
      273 25  -  TT LETTER TO THE EDITOR Ms Mita Natarajan Head of Corporate Services, Listings; Singapore Exchange I REFER to Waleed A Hanafi’s letter “SGX website suffers from information gaps” (BT, Dec 11). We thank him for his feedback. We would like to
      273 words
    • Article
      Lock icon Seven ways to manage your taxes as 2014 winds down
      1289 25  -  TT COMMENTARY By BJ Ooi, Liang Mun Chuan T The writers are partner head and director, respectively, of global mobility services at KPMG in Singapore OLIVER Wendell Holmes said: “I like to pay taxes. With them, I buy civilisation.” Most
      1,289 words
Page thumbnail Page 25
Page thumbnail Page 26
  • Article
    Lock icon Shipping times
    1790 26 MONTREAL 10 120 29/7 30/7 4/8 MONTREAL 10 120 29/7 30/7 4/8 EASTERN CAR LINER, LTD SPECIALIZE IN RORO HEAVY LIFT INTRA-ASIA SERVICE VOY Ramp(KT) Lifting(KT) SIN PKL KUC KK JKT SUR CALMY CORAL 84 60 20/12 22/12 25/12 MALAYSIA STAR 41 50 8/1 9/1 13/1 15/1 DEL
    1,790 words
  • Page 26 Advertisements
    • Advertisement
      Lock icon Page 26 Advertisements Column 1
      225 26 C a ila n E n n o r e J e d d a h B r is b a Shanghai Chittagong n e Ho Chi Minh H o n g K o n g J e b e NYK RORO (ASIA) PTE. LTD. REGULAR SERVICE TO Persian Gulf,
      225 words
Page thumbnail Page 27
  • BT Lifestyle
    • Article, Illustration
      Lock icon GLOOM AMID BOOM
      1525 27  -  The art market is expanding like never before. So why are galleries shutting down?BY down?BY HELMI YUSOF helmi@sph.com.sg @HelmiBT ART lovers in Singapore could not have it better. The museums are showing the biggest names in Asian contemporary art. Nine art fairs were held this year, compared
      1,525 words
    • Article, Illustration
      Lock icon Highlights of S’pore Art Week
      586 27  -  By Helmi Yusof THE Singapore Art Week, which runs from Jan 17 to 25, is set to be the pinnacle event in the Singapore visual arts calendar. There are more than 100 events taking place around Art Stage Singapore, the biggest and most important art
      586 words
    • CINEMA MUSIC
      • Article, Illustration
        Lock icon Youths’ growing pains fascinate this director
        731 28  -  Award-winning Yee Chih-yen of Taiwan revisits his pet topic in Meeting Dr Sun.BY CINEMA Sun.BY DYLAN TAN dylantan@sph.com.sg @DylanTanSYBT AT 55, Taiwanese writer-di-rector Yee Chih-yen’s teenage years are long behind him but he’s continually fascinated with that period, and his recent output has all
        731 words
      • Article, Illustration
        Lock icon A rootin’ tootin’ adventure
        661 28  -  By Geoffrey Eu AN Old Testament action hero goes head-to-head against an Egyptian pharaoh and his heavily-armed hordes in Exodus: Gods and Kings but the real mover and shaker in Ridley Scott’s newly-minted biblical epic is a fresh-faced cherub with a knack for bringing plagues and
        661 words
      • Article, Illustration
        Lock icon Revive those memories of much-loved musicals
        472 28  -  CONCERT By Rachel Loi rachloi@sph.com.sg @RachelLoiBT SINGAPOREANS are certainly no strangers to musicals not with a spate of them hitting local theatres in the last couple of years, such as multiple award-winners Wicked, Phantom of the Opera, The Lion King and, most recently, Mamma
        472 words
      • Article, Illustration
        Lock icon High school comedy genre grows up
        514 28  -  By Dylan Tan STEALING becomes child’s play quite literally, amongst other things in Taiwanese director Yee Chih-yen’s Meeting Dr Sun, a light-hearted high school heist drama about a bunch of students trying to steal an abandoned statue of the founding father of Republican China
        514 words
    • CHRISTMAS
      • Article, Illustration
        Lock icon Delightful reads for grown-ups and kids
        1005 29  -  BOOKS Need a gift for friends and family this festive season? BT Lifestyle offers some recommendations for book and music lovers By Lisa Fratini, Rachel Loi lfratini@sph.com.sg rachloi@sph.com.sg @RachelLoiBT ADULT FICTION The Narrow Road To The Deep North Richard Flanagan S$38.95 Richard Flanagan’s 2014
        PHOTO: JOSEPH NAIR  -  1,005 words
      • Article, Illustration
        Lock icon Familiar Christmas carols get a makeover
        523 29  -  MUSIC By Dylan Tan dylantan@sph.com.sg @DylanTanSYBT Jeremy Monteiro Christmas in our Hearts Suitable for: Dinner parties and the morning after COMING off the back of the energetic and swinging Jazz Blues Brothers, Jeremy Monteiro slows things down a bit with this introspective festive album.
        523 words
      • Article, Illustration
        Lock icon Fun for all the family at the cinema
        344 29  -  MOVIES Three big-screen offerings promise to add cheer to the festive season By Dylan Tan dylantan@sph.com.sg @DylanTanSYBT Paddington (Now showing) Starring Ben Whishaw (voice), Hugh Bonneville, Sally Hawkins, Nicole Kidman Directed by Paul King THE Peruvian bear that moved from the jungle
        344 words
    • WINE ARTS
      • Article, Illustration
        Lock icon A plethora of riches
        1096 30  -  Recent dinner with 1986 First Growths reminds again of need to be patient with wine storage. WINE BY NK YONG IT should be apparent to regular readers of this column that I place great store on patience. I have repeatedly encountered the astonishing and beautiful development
        PHOTO: NK YONG  -  1,096 words
      • Article, Illustration
        Lock icon Artworks by fashion designers
        435 30  -  DESIGN By Cheah Ui-Hoon uihoon@sph.com.sg WITH the right platform, why can’t fashion designers also make art? The line between fashion and art is, after all, a very thin one. One East Asia has made that platform available to five Singapore-based fashion designers, and the result is
        435 words
      • Article, Illustration
        Lock icon Pushing physical boundaries
        618 30  -  DANCE By Cheah Ui-Hoon uihoon@sph.com.sg DANCERS are fast becoming double threats on stage given that dance now requires a fair bit of acting at the same time. From school-going teenagers to a transgender comedian, the three works presented at the Asian Festivals Exchange (AFX) segment of the
        618 words
    • CITY LIFE
      • Article, Illustration
        Lock icon Escape rooms get more sophisticated
        852 31  -  Although these games have been around since 2012, they have become much more than just a passing fad. BY RACHEL LOI rachloi@sph.com.sg @RachelLoiBT TWO years after the first escape room was established in Singapore, the basic rules are still the same. You find yourself locked
        852 words
      • CITY BUZZ BT writers' picks of what to see, do or talk about
        • Article, Illustration
          Lock icon MAKE, BUY AND BE MERRY
          302 31  -  By Tay Suan Chiang SHOPPING Christmas Gifting HANDMADE gifts tend to be better appreciated than mass-produced ones, so if you are looking for a place to shop for artisanal goods, then the Artisans and Craftsmen Market at Chijmes is it. Co-organised by local artisan F&B
          302 words
        • Article, Illustration
          Lock icon PHOTOGRAPHY
          149 31  -  By Rachel Loi Community Quilts www. communityquilts.sg Rochor Centre, Level 4, Blk 4 common area. Open to public and admission is free WITH SG50 round the corner, more and more projects have been popping up all around the island. One of these is Community Quilts an SG50 Celebration Fund
          149 words
        • Article, Illustration
          Lock icon CLASSICAL MUSIC
          156 31  -  By Helmi Yusof Shall We Dance? THINK classical music is boring and stuffy? Try attending More Than Music’s intimate series of chamber music performances by Singapore’s best young talents. The latest concert, Shall We Dance?, features award-win-ning guitarist Kevin Loh, pianist Abigail Sin and violinist Loh Jun Hong
          156 words
        • Article, Illustration
          Lock icon CHRISTMAS PANTOMIME
          244 31  -  By Cheah Ui-Hoon Monkey Goes West “I hope you will come and vist (sic) us at the Little Arts Adacemy (sic), I do acting too,” wrote one young boy in his card, which he hung on the Christmas tree put up by Wild Rice, at Victoria Theatre. The
          244 words
        • Article, Illustration
          Lock icon PET SERVICES
          155 31 wagging Rights DOG owners, especially those living in the East, now have a new one-stop shop to pamper their fur kids. Wagging Rights in Joo Chiat (unmissable with its striking cerulean facade) is a total wellness destination that provides a range of services from grooming to daycare to
          155 words
        • Article, Illustration
          Lock icon VISUAL ART
          160 31  -  By Helmi Yusof UOB Painting of the Year 2014 OM Mee Ai’s gorgeous, mysterious canvas, N-PIN56L (pictured here), came out tops in the Singapore category of the UOB Painting of the Year prize. It’s a well-deserved victory as Om’s complex artworks have fasci- nated aficionados for years now.
          160 words
Page thumbnail Page 28
Page thumbnail Page 29
Page thumbnail Page 30
  • Page 30 Advertisements
  • Page 30 Miscellaneous
    • Miscellaneous
      Lock icon Page 30 Miscellaneous Column 1
      342 30 CRYPTIC CROSSWORD Across 1 A Parisian to show the falsity of France there’s a lack of faith (8) 5 Like horse’s foot, given covering that includes iron (6) 8 Be frugal, providing university staffroom with little spirit (6) 9 Servant, new trainee, butler ultimately (8) 10 Become aggressive as market
      342 words
Page thumbnail Page 31
Page thumbnail Page 32