The Business Times, 30 January 2015

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Microfilm: NL33340
Total Pages: 28
1 28 The Business Times
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  • Title Section
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    24 1 THE BUSINESS TIMES S$1.00 S|jh A SINGAPORE PRESS HOLDINGS PUBLICATION www.businesstimes.com.sg G C ©BTBreakingnews CO REGN NO *****2868E MCI (P) 051/08/2014 Friday, January 30,2015
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  • DAILY DIGEST
    • Article
      Lock icon Singapore citizens will receive
      32 1 higher transitional subsidies for the first two years of MediShield Life a universal health insurance scheme to be rolled out by the end of the year.TOP STORIES 2
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    • Article
      Lock icon Debt securitisation earned a bad name
      46 1 from the global financial crisis of 2008, but the International Monetary Fund is now seeking to reform and rehabilitate the practice on the grounds that it can bolster economic growth and the stability of the financial system. TOP STORIES 3
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    • Article, Illustration
      Lock icon In a year when the aviation
      46 1 industry faced strong headwinds, Changi Airport saw a milestone 54.1 million passengers in 2014, though growth was a modest 0.7 per cent year on year, while flight movements dipped 0.7 per cent to 341,390 take-offs and landings. TOP STORIES 4
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    • Article
      Lock icon STATS ChipPAC
      20 1 has reported net income of US$3.5 million for the fourth quarter ended Dec 28, 2014. COMPANIES MARKETS 6
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    • Article
      Lock icon China's stock regulator
      44 1 has launched a fresh probe into brokerages which are lending money to investors to speculate on stocks, amid concerns that the country’s share markets are becoming overleveraged and vulnerable to a crash which could strain the banking system. BANKING FINANCE 10
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    • Article
      Lock icon McDonald's Corp
      38 1 fresh off one of its worst financial years in decades, said on Wednesday that chief executive officer Don Thompson would leave at the end of February and be succeeded by chief brand officer Steve Easterbrook. CONSUMER/13
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    • Article
      Lock icon As the key spring US homeselling
      23 1 season approaches, buyers are finding deals on new houses as builders focus on boosting revenue.REAL ESTATE 15
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  • Article
    Lock icon Local SMEs struggle even as bigger firms fare better: DP Info
    772 1  -  Revenue of top 1,000 SMEs here is down 8.7% year on year, and the number of loss-making small businesses is up By Mindy Tan tanmindy@sph.com.sg @MindyTanBT Singapore SINGAPORE’S top 1,000 small and me-dium-sized enterprises (SMEs) are facing drops in
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  • Article
    Lock icon Forest City: Healthy foreign investment or blight on Iskandar?
    794 1  -  Go-ahead for project once again raises spectre of real estate glut in south Johor By Anita Gabriel anitag@sph.com.sg @AnitaGabrielBT Singapore THE winds of change will soon blow over the quaint laid-back villages with their wooden jetties dotted with fish cages. The
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  • Article
    Lock icon MARKETS
    27 1 Thursday Change STI 3,419.05 -0.10 KL COMP 1,782.18 -13.70 NIKKEI 225 17,606.22 -189.51 HANG SENG 24,595.85 -265.96 SHENZHEN B 1,066.55 -3.46 Dow (11am EST) 17,187.91 -3.46
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      108 1 Hill 8 '*****1 *****4 JOY RIDE Why more Singaporeans are getting on their high horses BT LIFESTYLE 23 GENEVE Creator of dreams Y/rm/fAe/ LADY Self-winding Gold with 12 rotating diamond solitaires, 0.30ct each Rotating pave semi-dial Diamond solitaire-set crown Dual-sided croco strap with diamond-set gold double buckle EXCLUSIVELY AVAILABLE AT:
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      Lock icon Page 1 Advertisements Column 2
      18 1 CORPORATE RESULTS SMRT Q3 earnings up 58.4% COMPANIES MARKETS 5 BT CLASSIFIEDS Real estate, vehicles and lifestyle 16-17
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      11 1 MISSING PLANE Malaysia declares Flight MH370 an accident, passengers dead TRANSPORT/14
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  • TOP STORIES
    • Article, Illustration
      Lock icon Subsidies for first 2 years of MediShield Life scheme increased
      703 2  -  Move to ease transition to new scheme; S’poreans to get 90% subsidy in first year, 70% in second year PARLIAMENT By Claire Huang huangjy@sph.com.sg @ClaireHuangBT Singapore SINGAPORE citizens will receive higher transitional subsidies for the first two years of MediShield
      703 words
    • Article
      Lock icon Fed policy fails to stem Dow’s biggest two-day sell-off
      439 2 BLOOMBERG Washington THE US Federal Reserve played a familiar tune, yet investors failed to dance. A renewed vow of patience on interest rates and record earnings from the world’s largest company couldn’t prevent the biggest two-day sell-off in the Dow Jones
      BLOOMBERG  -  439 words
    • Article
      Lock icon Nerve and sinew
      383 2  -  ftS REUTERS BREAKINGVIEWS ,’jt By Daniel Indiviglio Washington THE Federal Reserve is keeping its head when all around are losing theirs. Though the US central bank hinted at some concern about turmoil overseas, it still appears poised to raise rates gradually in the coming months. That is,
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    • Article, Illustration
      Lock icon Seeing the ‘forest’ for the trees
      609 2 bt Infographics WHAT The mammoth mixed development ‘Forest City Project’ collectively spans 1,978 hectares, of which 1,624 hectares will occupy an enormous expanse by Malaysian standards of reclaimed land A cluster of four man-made islands one island to spring up in every stage of
      BT Graphics: Anita Gabriel and Ludwig Ilio Artist’s impression by Dr Nik & Associates Sdn Bhd Source: EIA report by Dr Nik & Associates Sdn Bhd, news reports  -  609 words
    • Article
      Lock icon IMF calls for debt securitisation to be revived
      597 3  -  Instrument needed now in order to boost bank lending, especially to credit-starved SMEs, it says By Anthony Rowley btworld@sph.com.sg Tokyo DEBT securitisation earned itself a bad name from the global financial crisis of 2008, but the International Monetary Fund (IMF) is now
      597 words
    • Article, Illustration
      Lock icon Alibaba’s Q3 profit misses estimates
      633 3 BLOOMBERG Hong Kong ALIBABA Group Holding Ltd sales missed estimates as founder Jack Ma spent more money to attract customers on mobile phones. Revenue was 26.2 billion yuan (S$5.7 billion) in the third quarter, compared with the 27.6 billion yuan average of 25 estimates, the
      BLOOMBERG; PHOTO: BLOOMBERG  -  633 words
    • Article, Illustration
      Lock icon Changi Airport handles record 54.1m passengers in 2014
      801 4  -  Traffic to South Asia, North-east Asia up 6% and 4%; Dubai airport pips Heathrow to become world’s busiest airport with over 70m passengers B y Nisha Ramchandani nishar@sph.com.sg @Nisha_BT Singapore IN a year when the aviation industry faced strong headwinds, Changi Airport
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    • Article
      Lock icon 99.co gets Series A funds, expands scope
      537 4  -  Property search portal aims to improve experience of apartment hunting By Jacquelyn Cheok jaccheok@sph.com.sg @JacCheokBT Singapore PROPERTY search portal 99.co, the latest venture by serial entrepreneur Darius Cheung, has raised S$2 million in Series A funding from investors such as Sequoia Capital and
      537 words
    • Article
      Lock icon Tembusu raises S$1.2m for cryptocurrency development
      448 4  -  STARTUPS By Jacquelyn Cheok jaccheok@sph.com.sg @JacCheokBT Singapore THE homegrown cryptocurrency startup which launched Asia’s first Bitcoin ATM in Singapore a year ago announced on Thursday that it has raised S$1.2 million in bridge funding, taking the value of the company to some S$ 11
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      Lock icon Page 3 Advertisements Column 1
      157 3 s p R I N G B L O S s o M S 16 JANUARY 17 FEBRUARY 2015 Parking Privilege Receive $6 parking rebate* with $80 spent in a single receipt. Rewards that Blossom Receive a limited edition Prosperity Pack* (8 red packets, red packet organiser and mandarin orange
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      48 4 Bespoke McIntosh high fidelity music system designed and installed by Ong Radio for a Chairman's Suite. ONG RADIO Live the Ultimate™ Bespoke smart home theaters Superlative high-end audio systems Home intelligence systems Multizone music and movie systems 176 Orchard Rd, The Centrepoint #03-41 Tel 65-*****138 I www.ongradio.com fb.com/ongradio
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    • Advertisement
      Lock icon Page 4 Advertisements Column 2
      55 4 THE ONE PLACE FOR ALL YOUR LOGISTICS NEEDS. An integrated container depot on the roof top enhancing logistics efficiency and productivity 5-storey ramp-up warehouse with sizes from 80,000 to 280,000 sq.ft. Purpose-built to store Flammables, NEA-Controlled Chemicals, Project and General Cargoes For enquiries, please call 6279 7310 or email us
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  • COMPANIES & MARKETS
    • Article
      Lock icon CapitaRetail China Trust ready for asset growth; Q4 DPU up 12.7%
      639 5  -  By Lynette Khoo lynkhoo@sph.com.sg @LynetteKhooBT Singapore CAPITARETAIL China Trust (CRCT) is now “geared for growth” where acquisitions are concerned, after reporting a 12.7 per cent year-on-year rise in distribution per unit (DPU) to 2.48 Singapore cents in the fourth
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    • Article
      Lock icon SMRT Q3 earnings up 58.4% at S$22.6m
      473 5  -  Operating profits: non-fare segment contributes S$28m and fare business turns around with S$1.92m By Nisha Ramchandani nishar@sph.com.sg @Nisha_BT Singapore TRANSPORT operator SMRT Corp posted a 58.4 per cent year-on-year increase in net profit to S$22.55 million for the third quarter ended Dec 31,
      473 words
    • Article
      Lock icon Higher Optus Centre valuation boosts AA Reit’s Q3 DPU
      394 5  -  By Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore AIMS AMP Capital Industrial Reit (AA Reit) on Thursday posted a distribution per unit (DPU) of 2.83 Singapore cents for its third quarter ended December 2014. This was an increase of 2.2 per cent from
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    • Article
      Lock icon STATS ChipPAC posts US$3.5m Q4 profit
      435 6  -  Turnaround from US$12.1m loss a year earlier; revenue up slightly at US$406.7m By Amit Roy Choudhury amit@sph.com.sg @AmitRoyCBT Singapore MAINBOARD-LISTED semiconductor packaging and test services company STATS ChipPAC has reported net income of US$3.5 million for the fourth quarter ended Dec 28, 2014. This
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    • Article
      Lock icon Tuan Sing’s Q4 profit dips 4% to S$24.3m
      532 6  -  By Lynette Khoo lynkhoo@sph.com.sg @LynetteKhooBT Singapore TUAN Sing’s net profit for the fourth quarter ended Dec 31, 2014 dipped 4 per cent from a year ago to S$24.34 million, as other operating expenses and finance costs offset a surge in revenue. Revenue
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    • Article
      Lock icon Creative loss deepens to US$9.19m for Q2
      324 6  -  By Chan Yi Wen yiwenc@sph.com.sg @ChanYiWenBT Singapore UNCERTAIN and difficult market conditions dampened sales of Creative Technology’s products for the three months ended Dec 31, 2014, further deepening the group’s net loss to US$9.19 million in Q2 FY15, compared to a net loss
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    • IN BRIEF
    • Article
      Lock icon Thakral subsidiary to acquire property investment unit
      316 7  -  It is acquiring the remaining 49% stake in Thakral Capital Australia from four vendors By Chan Yi Wen yiwenc@sph.com.sg @ChanYiWenBT Singapore MAINBOARD-LISTED Thakral Corporation and its wholly-owned subsidiary, Thakral Capital Holdings (TCH), on Thursday entered into a share sale agreement to acquire 49
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    • Article
      Lock icon Frasers Hospitality beats forecasts in maiden results
      447 7  -  By Chan Yi Wen yiwenc@sph.com.sg @ChanYiWenBT Singapore FRASERS Hospitality Trust announced a distribution income of S$35.7 million for the period July 14 (its listing date) to Dec 31, 2014, and an illustrative distribution per unit of 2.97 cents, both of which are 5.3
      447 words
    • Article
      Lock icon Midas Holdings’ JV bags China train deal
      192 7  -  By Chan Yi Wen yiwenc@sph.com.sg @ChanYiWenBT Singapore MIDAS Holdings’ Sino-foreign joint venture company, Nanjing SR Puzhen Rail Transport Co (NPRT), has secured a 1.73 billion yuan (S$374.7 million) metro train contract with a consortium partner. The contract was awarded by Shanghai Rail Transit
      192 words
    • Article
      Lock icon Outlook for hedge funds is about to worsen: Citigroup
      473 7 BLOOMBERG New York THE outlook for hedge funds, already closing at the fastest pace since the financial crisis, is about to worsen, according to Citigroup Inc. Industrywide profits in 2014 declined 30 per cent from a year earlier to US$21.9 billion
      BLOOMBERG  -  473 words
    • Article, Illustration
      Lock icon STI / Catalist
      63 8 STI Catalist Straits Times index Jan 29,2014 3,419.05 -0.10 (0%) Current streak 3 days Day high 3,428.39 Day low 3,402.18 52-week high 3,419.15 (Jan 28, 2015) 52-week low 2,960.09 (Feb 5, 2014) FTSE ST Catalist index Jan 29,2015 747.24 +5.10 (+0.69%) Current streak 3 days Day high 747.24 Day low
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    • Article, Illustration
      Lock icon Fed change of language raises rate worries
      610 8  -  Wall St sells stocks, buys bonds; 30-year Treasury yield drops to record low of 2.3%, 10-year yield falls to lowest since May 2013 STOCKS By R Sivanithy sivan@sph.com.sg @RSivanithyBT IT was a weak session for the local market on Thursday, even as the
      Source: Bloomberg  -  610 words
    • Article
      Lock icon STI STOCKS
      307 8 Stock name Close Change Day high/low 52w high 52w low PE Div yield Mcap Ascendas Reit 249 +1 249/245 263 206 5.7 6295.6 CapitaLand 354 -1 354/351 364 268 17.7 2.3 *****.3 CapitaMall Trust 211 xd -4 214/211 226 180 5.1 7318.1 CityDev 1022 -3 1029/1016 1118 860
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    • Article
      Lock icon MOST ACTIVE
      34 8 VOLUME Oceanus 59,411,300 IHC 41,474,800 Tigerair 41,172,800 Equation 39,053,000 Resources Prima 36,445,000 Market volume 1,466,912,000 VALUE Keppel Corp 87,098,899 DBS Grp 85,839,620 SingTel 68,369,340 Keppel Land 61,972,913 UOB 39,317,464 Market value 1,204,754,000
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    • Article
      Lock icon SGX ETFs Most Active
      110 8 Fund Last sale +/-(‘000) Day high/low 52w high/low Buy/Sell Mcap IS MS India US$ US806 +2 194 812/803 1000/541 803/806 100.8 STI ETF 345 cd -1 136 349/345 349/298 346/348 Lyxor Asia US$ US505 -5 79 506/505 543/450 504/505 73.7 Lyxor MS India US$ US1794 -6
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    • Article
      Lock icon OTHER SINGAPORE INDICES
      77 8 Jan 29 VALUE CLOSE BT OB/OS 241.00 -34.00 BT CADI -*****.00 -41.00 BT 10-day MA -*****.00 +24.00 FTSE ST Mid Cap 786.28 -6.14 FTSE ST Small Cap 504.88 -1.36 FTSE ST All Share 822.92 -1.21 FTSE ST China Top 197.42 -1.44 FTSE ST China 236.75 -1.64 FTSE
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    • Article, Illustration
      Lock icon STI / FTSE ST All-Share
      35 8 STI FTSE ST All-Share FTSE ST All-Share index Jan 29,2015 822.92 -1.21 (-0.15%) Current streak 1 day Day high 825.08 Day low 820.32 52-week high 824.13 (Jan 28, 2015) 52-week low 722.35 (Feb 5, 2014)
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    • Article, Illustration
      Lock icon STI / MSCI EAFE
      33 8 STI MSCI EAFE MSCI EAFE index Jan 28,2014 1,802.63 -4.99 (-0.28%) Current streak 1 day Day high 1,809.85 Day low 1,798.51 52-week high 1,995.49 (Jul 3, 2014) 52-week low 1,697.01 (Jan 7, 2015)
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    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 7 5 3 0 0 0 7 5 3 Manufacturing 47 48 47 10 5 10 57 53 57 Commerce 23 20 18 4 6 7 27 26 25 Tpt/Stor/Comms 12 18 9
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      121 8 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 38,315 38,315 165,049 165,049 Manufacturing 218,807 63,388 282,195 103,591 2,936 106,527 Commerce 134,766 27,335 162,101 78,301 1,470 79,771 Tpt/Stor/Comms 138,625 960 139,585 206,386 302 206,688 Finance 21,768 141 21,909 172,198 29 172,227 Construction 19,532 5,524
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    • Article
      Lock icon GAINERS
      74 8 BY CENTS CLOSE UP 52w high/low DBXT S&P Short US$ 2297 77.0 2.5 2752/2197 Kep Corp.ES.1501 849 34.0 4.2 851/815 SIA 1280 24.0 1.9 1280/941 ComfortDelGro 294 16.0 5.8 295/189 Keppel Corp 854 16.0 1.9 1120/791 BY PERCENTAGE CLOSE UP 52w high/low Cedar Strategic 0.2 100.0 0.1 0.5/0.1 Next-Gen
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    • Article
      Lock icon LOSERS
      76 8 BY CENTS CLOSE DOWN 52w high/low SPDR S&P500 US$ ***** -588.9 -2.1 *****/***** SPDR DJIA US$ ***** -397.1 -1.7 *****/***** Pa Ocean 318 -142.0 -30.9 590/280 DBXT MSKorea US$ 5701 -118.9 -1.5 6735/5484 GLD US$ ***** -102.7 -0.6 *****/***** BY PERCENTAGE CLOSE DOWN 52w high/low KepCorp MBeCW15 0.7 -56.3
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    • Article
      Lock icon UNUSUAL ACTIVITY
      78 8 VOL CLOSE($) CHANGE Pan Ocean 3.7 3.180 -1.420 -30.87 BlueSkyPower 1,596.0 0.054 -0.028 -34.15 SunMoonFood 1,966.0 0.075 -0.006 -7.41 Oceanus 59,411.3 0.012 +0.002 +20.00 Epicentre 150.0 0.134 +0.020 +17.54 B&M Trustees 1.8 3.300 -0.250 -7.04 Wilton Resources 4,982.9 0.129 +0.024 +22.86 StratechSystems 7,650.7 0.015 -0.001 -6.25 TA 676.7
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    • BROKERS’ TAKE
      • Article
        Lock icon CDL Hospitality Trusts
        144 8 Buy Jan 29 close: S$1.80 Target price: S$1.86 DBS Group Research, Jan 29 IN FY2015, we expect a recovery in CDL Hospitality Trusts’ earnings due to an improvement in overall/Chinese tourist arrivals into Singapore and contribution from the recently acquired Japanese hotels. However, Q1 2015 may see
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      • Article
        Lock icon Sheng siong Group
        122 8 Add Jan 29 close: S$0.735 Target price: S$0.84 CIMB Group Research, Jan 29 SHENG Shiong opened two stores in Dec-Jan, hiking total retail space by about 3.5 per cent and the store count to 35. Recent grouses about Sheng Shiong centred on its need to buy sites
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      • Article
        Lock icon Starhill Global Reit
        167 8  -  Compiled by Jaime Lee Buy Jan 29 close: S$0.83 Target price: S$$0.93 OCBC Investment Research, Jan 29 STARHILL Global Reit (SGReit) reported its Q4 2014 results which met our expectations. The brightest development during Q4 2014 came from the 17 per cent positive rental reversions accomplished for
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    • Article
      Lock icon CALENDAR
      31 8 DATA I Jan 30 S’pore Labour Force S’pore Business Expectations S’pore Bank Lending I 9.30 pm (Jan 30) US Employment Cost index I 9.45am (Feb 2) HSBC China Manufacturing PMI
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    • Article
      Lock icon Ringgit, Korean won hit lows, Sing$ rebounds
      382 9 CURRENCIES REUTERS Singapore MOST emerging Asian currencies fell on Thursday as the US Federal Reserve appeared on track to raise interest rates this year while there are risks that regional central banks instead may ease monetary policies. The Malaysian ringgit hit a near
      REUTERS  -  382 words
    • FOREX RATES
      • Article
        Lock icon INTERBANK CROSS RATES
        471 9 Jan 29 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.985 4.913 0.697 6.098 48.345 98.496 0.926 8.600 2.853 1.075 79.445 34.699 1.063 9.117 0.716 24.717 25.665 0.520 0.787 Canada 1.015 4.989
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      • Article, Illustration
        Lock icon HANG SENG
        2 9
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      • Article, Illustration
        Lock icon NIKKEI
        1 9
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      • Article, Illustration
        Lock icon SHANGHAI COMPOSITE
        2 9
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      • Article, Illustration
        Lock icon DOW JONES
        2 9
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      • Article
        Lock icon INTERBANK CURRENCY RATES
        155 9 Jan 29 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.0624 1.0627 0.7865 0.7866 Canadian dollar 1.0785 1.0792 0.7988 0.7984 Euro 1.5241 1.5245 1.1283 1.1284 NZ dollar 0.9880 0.9889 0.7314 0.7320 Sterling pound 2.0438 2.0446 1.5130 1.5134
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      • Article
        Lock icon US$/S$ FORWARD RATES
        22 9 Jan 29 S$ Bid Offer 1-month 1.3515 1.3520 2-months 1.3518 1.3523 3-months 1.3522 1.3526 6-months 1.3533 1.3540 Source: OCBC
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    • EQUITY BONDS WARRANTS FUTURES
      • Article
        Lock icon BONDS, WARRANTS, PREFERENCE SHARES Most active
        211 9 Jan 29 Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left DBS MB eCW*****2 8.9 -0.5 6686 0.1 0 5 KepCorp MB eCW*****2 7.8 0.5 6372 0.2 900 5 Singapore Post MB eCW*****7 3.9 -0.2 6159 0.2 215
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      • Article
        Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
        373 9 In local curr In S$ In US$ dy yr dy yr dy yr Jan 28 Index Change Change Change Change Change Change World Preliminary 1283.0 0.0 0.6 0.8 1.7 -0.2 -0.4 EAFE Preliminary 1020.6 0.0 3.4 0.7 3.7 -0.3 1.6 Europe Preliminary 1438.5 0.0 4.1
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      • Article
        Lock icon SGX DERIVATIVES TRADING
        371 9 Jan 29 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.91 *****.83 *****.10 Mar15 *****.00 *****.00 *****.00 *****.00 ***** *****5 Jun15 *****.00 *****.00 *****.00 *****.00 95 4122 MSCI TAIWAN INDEX FUTURES SPOT 351.20 351.68 348.02 Jan15 353.50 353.50 348.30 349.75 ***** ***** Feb15 353.90
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    • BANK RATES
      • Article
        Lock icon INTERBANK RATES
        154 9 Jan 29 $S Offer Bid 0vernight 0.10 0.05 1-month 0.625 0.50 2-months 0.625 0.50 3-months 0.6875 0.5625 Overnight mode: 0.05 US$ Offer Bid 7 days 0.17 0.07 1 month 0.23 0.13 2 months 0.28 0.18 3 months 0.40 0.20 6 months 0.50 0.30 9 months 0.60 0.40 12
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      • Article
        Lock icon SIBOR
        36 9 Jan 29 (S$) 1 mth 0.***** 2 mths 3 mths 0.***** 6 mths 0.***** 9 mths 12 mths 0.***** SWAP Offer rates (S$) 1 mth 0.***** 3 mths 0.***** 6 mths 0.***** Source: Thomson Reuters
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      • Article
        Lock icon GOVERNMENT SECURITIES
        69 9 Jan 29 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0Z 2.375 01-Apr-17 103.21 103.25 103.20 5-Year N*****0H 1.625 01-Oct-19 101 100.90 100.90 10-Year NY*****H 3.000 01-Sep-24 109.53 109.60 108.94 15-Year NY*****E 2.875 01-Jul-29 107.64 107.55 107.05 20-Year NZ*****V 3.375 01-Sep-33 116.09
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    • AGRI METALS ENERGY
      • Article
        Lock icon COMMODITY FUTURES
        251 9 Jan-28 Price Net change change Last Trade Agricultural Jan-28 CBOT Soybeans (US cents/bu) 970.25 -3.50 -0.36% 13/03/2015 CBOT Soybean Oil (US cents/lb) 30.34 -0.83 -2.66% 13/03/2015 CBOT Wheat (US cents/bu) 505.25 -13.75 -2.65% 13/03/2014 Jan-28 LIFFE Cocoa (£/tonne) 1902.00 -12.00 -0.63% 16/03/2015 LIFFE Coffee (US$/tonne) 1963.00 4.00 0.20%
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      Lock icon Page 5 Advertisements Column 1
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      150 words
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      310 words
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      231 7 ESPLANADE PRESENTS NU SHU THE SECRET SONGS OF WOMEN Symphony for 13 Micro Films, Harp and Orchestra Composed and conducted by Tan Dun Featuring the Metropolitan Festival Orchestra (USA/ China/Singapore) (ihiriEBE Fe stiva of @rts E 0 1 5 5D Feb I mar 2fi2OB-3fl10 Chen t A spellbinding work that
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  • BANKING & FINANCE
    • Article
      Lock icon China launches new probe into margin trading
      633 10 Stock regulator’s move comes amid concerns that the country’s share markets are becoming over-leveraged and vulnerable to a crash which could strain the banking system REUTERS Shanghai CHINA’S stock regulator has launched a fresh probe into brokerages which are lending money to investors
      REUTERS  -  633 words
    • Article, Illustration
      Lock icon Big banks fail to stop US currency rigging lawsuit
      424 10 REUTERS New York A FEDERAL judge on Wednesday said US investors may pursue a nationwide antitrust lawsuit accusing 12 major banks of rigging prices in the US$5.3 trillion-a-day foreign exchange market. US District Judge Lorna Schofield in Manhattan rejected the defendants’
      REUTERS; PHOTO: AFP  -  424 words
    • Article
      Lock icon BOE governor urges eurozone to take the plunge on fiscal union
      500 10 REUTERS Dublin BANK of England governor Mark Carney urged the eurozone to take the controversial step of turning its currency area into a fiscal union in order to escape its slow-growth debt trap a call likely to be rebuffed
      REUTERS  -  500 words
    • Article
      Lock icon Hollywood’s ‘bank to the stars’ sees London expansion under RBC
      380 10 BLOOMBERG Toronto CITY National Corp, Hollywood’s “bank to the stars”, could expand its entertainment business to London within five years under ownership by Royal Bank of Canada (RBC), chief executive officer Russell Goldsmith said. Royal Bank, Canada’s second-largest lender by
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      1387 10 The Business Times NOTICES IN THE MATTER OF THE COMPANIES ACT CAP 50 AND IN THE MATTER OF EPHESUS MANAGEMENT SERVICES PTE. LTD. MEMBERS’ VOLUNTARY WINDING-UP At an Extraordinary General Meeting of the Company duly convened and heldat111NorthBridgeRoad,#18-03Peninsula Plaza, Singapore *****8 on 22 January 2015 at 11.00 a.m., the following
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  • ENERGY & COMMODITIES
    • Article, Illustration
      Lock icon Malaysia short sellers target record equity rally
      727 11 Short interest in the iShares MSCI Malaysia ETF doubles in past month to 20% of outstanding shares as at Monday, reaching an 8-year peak of 23% on Jan 9 BLOOMBERG Kuala Lumpur SHORT sellers are taking aim at the world’s longest-running equity rally.
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      Lock icon Oil prices seen recovering in H1 this year
      773 11 BLOOMBERG Houston OIL prices will recover as early as the first half of this year as producers cut back, Continental Resources Inc founder and chief executive Harold Hamm said on Wednesday. Mr Hamm said Continental, the largest leaseholder and producer in the
      BLOOMBERG  -  773 words
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  • TECHNOLOGY
    • Article, Illustration
      Lock icon Tiny satellites for weather prediction?
      450 12  -  Spire’s groundbreaking nanosatellites may expedite efforts in data collection, environmental protection By Prisca Ang prisang@sph.com.sg Singapore IMAGINE a world in which weather prediction could be as simple as taking a close glimpse at Earth’s surface despite increasingly freakish weather. Recent developments in the aerospace industry
      450 words
    • Article
      Lock icon Facebook’s revenue up, but expenses rose faster
      756 12 Sharp rise in expenses partly driven by huge increase in stock payouts to employees NYT San Francisco WHEN Mark Zuckerberg warned investors three months ago that Facebook’s expenses were going to rise sharply, he really meant it. The company reported on Wednesday that
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    • Article
      Lock icon Samsung Q4 profit meets guidance; outlook cautious
      388 12 REUTERS Seoul SAMSUNG Electronics Co Ltd on Thursday reported its first annual earnings decline in three years, as strong chip earnings failed to make up for weakness in the South Korean giant’s smartphone business. The semiconductor division was a bright spot as Samsung
      REUTERS  -  388 words
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      71 12 \Ar:chi MWs ACADEMY 2015 Calling business owners! We have the Guaranteed Targeted Crowd of parents with young children for you! Proven Quality visitors with a keen interest in their child's growth and well-being!! JOIN US AT SUNTEC SINGAPORE! m -rCall us to enquire how we can help you reach your
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      19 12 o www.omy.sg Ut: o o 'S'O'fr® mBS 7Fi5»*L cny.omy.sg Download omy Apps o omy News iOS AppStore Google Play
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      10 12 klSS92J§ All the great songs in one place^ facebook.com/kiss92fm www.kiss92.sg
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      48 12 OPTIMISING THE WORK ENVIRONMENT O r! r ASIA 2015 29-31 JULY 2015 Marina Bay Sands Expo Convention Centre, Singapore www.OfficExpoAsia.com The Next-Generation Workscape N Next-Gen Business Solutions Interested to exhibit? Tel: (65) 6848 5938 Email: OEA@bizlink.com.sg Organised By: BIZLINK Exhibition Services Pte Ltd A SUBSIDIARY OF S|Sl QofficExpoAsia
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  • CONSUMER
    • Article
      Lock icon Russian retail sales jump as shoppers offload tumbling rouble
      411 13 BLOOMBERG Moscow RUSSIAN retail sales surged the most in more than two years as consumers enduring the country’s worst currency crisis since 1998 accelerated purchases to mitigate the effect of a sinking rouble. December sales jumped 5.3 per cent from a
      BLOOMBERG  -  411 words
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      Lock icon McDonald’s CEO Don Thompson leaving after tumultuous run
      554 13 He’ll be replaced in March by chief brand officer Steve Easterbrook, who turned around the UK business REUTERS New York MCDONALD’S Corp, fresh off one of its worst financial years in decades, said on Wednesday that chief executive officer Don Thompson would
      REUTERS; PHOTOS: BLOOMBERG  -  554 words
    • Article
      Lock icon New McDonald’s boss has the right ingredients
      419 13  -  s REUTERS BREAKINGVIEWS •'1* By Kevin Allison Chicago STEVE Easterbrook is the US$2.5 billion new man at McDonald’s. That’s how much shareholders added to the burger chain’s value in after-hours trading when the veteran of the Golden Arches was announced as the replacement
      419 words
    • Article
      Lock icon Apple pips Hermes as No 1 luxury gift in China
      284 13 REUTERS Shanghai APPLE Inc has taken the top luxury gifting spot in China from designer goods maker Hermes international SCA, according to a Hurun luxury report on Thursday, reflecting the iPhone maker’s recent hot streak in the country. The US
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      2123 13 The Business Times Ik f 1 Toll free 1800-289-8822 I I I B Email noticesc5Jsph.com.sg I M I B i B j ij www.sphclass.com.sg/notices ((hlFIBER UNITED FIBER SYSTEM LTD. UNITED FIBER SYSTEM LIMITED (Company Registration No.: *****8589E) (Incorporated in Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that
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  • TRANSPORT
    • Article, Illustration
      Lock icon Doomed jet rose to unauthorised altitude rapidly
      542 14 This was just before it fell into ocean: investigators AIRASIA CRASH BLOOMBERG Jakarta AIRASIA Flight 8501 climbed to an unauthorised altitude fast and steep before the aircraft fell into the ocean, Indonesian investigators said in their first description of the last moments of
      BLOOMBERG; PHOTO: REUTERS  -  542 words
    • Article
      Lock icon SIA, Vistara launch frequent flyer tie-up
      253 14  -  By Nisha Ramchandani nishar@sph.com.sg @Nisha_BT Singapore SINGAPORE Airlines (SIA) and its joint venture airline, India’s Vistara, are launching a partnership between their respective frequent flyer programmes, KrisFlyer and Club Vistara. Under the new tie-up, KrisFlyer members will earn KrisFlyer miles when travelling with Vistara
      253 words
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      Lock icon Boeing sees Dreamliner sales yielding more cash in 2015
      670 14 NYT New York BOEING, reporting a strong end to 2014, on Wednesday forecast better cash flow and said that it would deliver more commercial planes in 2015. The company’s fourth-quarter profit topped analysts’ expectations, and its stock rose more than 6
      NYT; PHOTO: AFP  -  670 words
    • Article
      Lock icon Malaysia declares MH370 an accident, its passengers dead
      611 14 BLOOMBERG Kuala Lumpur MALAYSIA has declared Flight MH370 an accident and presumed that all 239 people on board are dead, to help families obtain assistance, including compensation. Azharuddin Abdul Rahman, direc-tor-general of the Department of Civil Aviation, said in an e-mailed statement
      BLOOMBERG  -  611 words
    • Article
      Lock icon Japan’s Skymark files for bankruptcy after A380 buying plan fails
      752 14 BLOOMBERG Tokyo SKYMARK Airlines Inc, Japan’s thirdlargest carrier, filed for bankruptcy protection after a decision to purchase six Airbus Group NV A380 superjumbos flopped. The stock was poised to fall by its daily limit. The shares were untraded in Tokyo
      BLOOMBERG  -  752 words
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      43 14 GUNNING FOR GUINNESS Indians and their craze to be No.1 see record number of applications to enter the book of records ALL ABOUT KAMAL HASSAN’S YOUNGER DAUGHTER GET YOUR COPY TODAY FROM ALL 7-ELEVEN OUTLETS TO ADVERTISE: CALL KALWANT (*****327) OR NISHAL (*****438)
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  • REAL ESTATE
    • Article, Illustration
      Lock icon Incentives galore for new US homebuyers
      1360 15 US builders are trying to increase earnings by selling more houses, even if it requires freebies to draw customers WP Los Angeles AS the key spring US homeselling season approaches, buyers are finding deals on new houses as builders focus on boosting revenue. Dwayne
      WP; PHOTO: AFP  -  1,360 words
    • Article, Illustration
      Lock icon UK home prices rise at slowest annual pace in 14 months
      308 15 BLOOMBERG London HOME prices in the UK increased at their slowest annual pace in 14 months in January as housing transactions and demand cooled. The gain in value dropped to 6.8 per cent from 7.2 per cent in December.
      BLOOMBERG; PHOTO: BLOOMBERG  -  308 words
    • Article
      Lock icon Push for greater govt role in home finance
      1089 15  -  Rent-to-own schemes take a new name amid shortage of rental housing in US.BY US.BY JESSE EISINGER NYT New York AT a conference on housing finance last month, a group of investors described their innovative “rent-to-own” products. Rent-to-own schemes have long exploited the
      NYT  -  1,089 words
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  • VEHICLES & LIFESTYLE
    • Article, Illustration
      Lock icon America’s home-improvement industry gets a major boost
      857 16 Record renovation spending expected this year as many homeowners decide to remodel their homes rather than move BLOOMBERG Washington CORY Laws considered selling his house and moving to an updated property with his girlfriend. But he likes his neighbourhood, so he decided to
      BLOOMBERG; PHOTO: BLOOMBERG  -  857 words
    • Article
      Lock icon Kaisa woes: junk-rated China developers face crisis
      345 16 REUTERS Hong Kong CHINESE property developers rated below investment grade could face financing difficulties if Kaisa Group were to default on its debt obligation, Standard Poor’s Ratings Services (S&P) said on Thursday. Kaisa, downgraded to SD or selective default, missed a deadline to
      REUTERS  -  345 words
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      419 16 CITROEN FOR SALE PICASSO C4 Sell $***** only! 2012 Picasso 1.6A Blue. 1 Owner. Subsidise $1000 insurance. Yong Lee Seng Motor Pte Ltd. Please call 6844 0123/ 9620 0045 HONDA FOR SALE FREED 1.5 WHITE Subsidise insurance $1000! Late 09, 7-Seater OMV $*****. Yong Lee Seng Motor Pte Ltd. Tel:
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      1050 17 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 ORCHARD AREA Freehold GCB in Orchard. Land approx *****sqft, build up *****sqft. 6 bdrms. Beautiful interior decor. S/pool.South facing. Maggie 8201 6660
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  • GOVERNMENT & ECONOMY
    • Article, Illustration
      Lock icon Obama set to propose spending boost in next budget
      661 18 BLOOMBERG Washington US President Barack Obama will rally Democrats for a budget battle with Republicans by proposing a major spending boost for both domestic programmes and the military. With his fiscal 2016 spending blueprint set for release on Feb 2, Mr
      BLOOMBERG  -  661 words
    • Article
      Lock icon BOJ freezes monetary easing as Abe advisers urge caution
      781 18 They worry more easing could send the yen to damagingly low levels REUTERS Tokyo THE Bank of Japan (BOJ) has put monetary policy on hold and found backing for its wait-and-see stance from advisers to Prime Minister Shinzo Abe, who worry
      REUTERS  -  781 words
    • Article
      Lock icon Existing home sales fall most in a year in Dec
      418 18 LATEST US DATA BLOOMBERG Washington CONTRACTS to purchase previously owned US homes unexpectedly fell in December by the most in a year, a sign the industry’s recovery remains uneven. The index of pending sales dropped 3.7 per cent after a
      BLOOMBERG  -  418 words
    • Article, Illustration
      Lock icon Greek banks rebound as Athens clarifies remarks
      936 19 Initial comments made by new ministers about increasing minimum wage, halting privatisations due to inexperience: deputy prime minister BLOOMBERG Athens GREEK bank stocks rebounded as the government moved to contain the fall-out from pledges made by its ministers, seeking to downplay the prospect
      BLOOMBERG; PHOTO: REUTERS  -  936 words
    • Article, Illustration
      Lock icon IMF seeks deadline on governance changes after US impasse
      654 19 BLOOMBERG Washington The International Monetary Fund plans a five-month deadline for adopting a temporary alternative to governance changes blocked by US lawmakers, with one former Treasury official saying the options should include a threat to end America’s veto power. The Washington-based
      BLOOMBERG  -  654 words
    • Article
      Lock icon US firms urge China to defer new cybersecurity rules
      364 19 REUTERS London US business lobbies have called for “urgent discussions” with the Chinese government over new cybersecurity regulations that would force technology vendors to Chinese banks to hand over secret source code and adopt Chinese encryption algorithms. Cybersecurity has been a
      REUTERS  -  364 words
    • Article, Illustration
      Lock icon Philippine growth up for best three years since mid-1950s
      529 19 BLOOMBERG Manila PHILIPPINE economic growth accelerated last quarter as government spending and manufacturing output rose, capping the best three years of expansion since the mid-1950s. Stocks rose to a record. Gross domestic product increased 6.9 per cent in the three months
      BLOOMBERG  -  529 words
    • Article
      Lock icon Investors narrow bets to 50-50 on Aussie rate cut next week
      390 19 REUTERS Sydney INVESTORS have ramped up bets on an imminent cut in Australian interest rates as central banks worldwide ease monetary policy to fight the disinflationary drag of falling commodity prices and lacklustre global demand. Markets now imply a
      REUTERS  -  390 words
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      239 18 V CHINESE NEW YEAR DELIGHTS V<M i 4 w a* 55* i AVAILABLE FROM NOW TO 5 MARCH Usher in the Lunar New Year with exquisite creations by Executive Chef Chen Kentaro and share the prosperity and cheer with family and friends at the famed Shisen Hanten restaurant at Mandarin
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  • OPINION
    • Article
      Lock icon MAS surprise on S$ also reflects low pricing power of local companies
      611 20 THERE’S no questioning the wisdom of the Singapore central bank’s move on Wednesday to ease monetary policy and let the Singapore dollar climb at a slower pace against its trading partners’ currencies. EDITORIAL It came as a surprise.
      611 words
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      Lock icon Greece puts austerity on trial
      708 20  -  THE BOTTOM LINE By Robert Samuelson THE WASHINGTON POST WRITERS GROUP Washington IS this the beginning of the end for austerity? The day after the Greek left-wing party Syriza impressively won the country’s latest election, the Financial Times ran the following headline: “Greek leftists’ victory
      THE WASHINGTON POST WRITERS GROUP  -  708 words
    • Article, Illustration
      Lock icon EU tries rebooting the economy
      1284 20  -  The bloc doubles down on debt but with new strategies for job creation, sustainability and innovation. BY JOERGEN OERSTROEM MOELLER BY JOERGEN OERSTROEM MOELLER T The writer is a visiting senior research fellow at the institute of Southeast Asian studies, Singapore, and adjunct professor, Singapore
      PHOTO: BLOOMBERG  -  1,284 words
    • Article
      Lock icon Obama’s India visit moves bilateral ties into new trajectory
      1096 21  -  COMMENTARY By Yogi Aggarwal RELATIONS between India and the US have moved into a new trajectory upon the visit of US President Barack Obama to New Delhi for India’s 66th Rebublic Day on Jan 26. The visit was marked by several
      1,096 words
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      Lock icon Greece needs a debt service holiday
      521 21  -  By Meghnad Desai T The writer, an emeritus professor of economics at the London School of Economics and Political Science, is chairman of the advisory board of OMFIF, a London-based research group. This article was sourced from the OMFIF Commentary dated Jan 27, 2015
      521 words
    • Article
      Lock icon Better the regulatory performance, better the quality of the market
      387 21  - Better the regulatory performance better the quality of the market LETTER TO THE EDITOR Richard Teng Chief Regulatory officer Singapore Exchange I WOULD like to clarify certain points raised in Mak Yuen Teen’s article, “HK lessons for enhancement of SGX enforcement powers” (BT, Jan 16). First, the proposed widening of
      387 words
    • Article, Illustration
      Lock icon Can Singapore lead in global health?
      1110 21  -  In the health sector, each country must complement local responses with global collaboration. Fortunately, Singapore has been a responsible global citizen on this front. BY KISHORE MAHBUBANI and YEOH KHAY GUAN BY KISHORE MAHBUBANI, YEOH KHAY GUAN T The writers are, respectively, dean of
      PHOTO: LOO HUEI HONG FOR LIANHE ZAOBAO  -  1,110 words
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  • Article
    Lock icon THE BUSINESS TIMES SHIPPING TIMES
    1944 22 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 SUR JKT OCEANIC PESCADORES 40 60 4/2 7/2 10/2 11/2 MALAYSIA STAR 42 50 7/2
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  • Page 22 Advertisements
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      103 22 Experienced sh;p maintenance services wanted. Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE WONG AT 9620 1327 SHIPPING TIMES Make A Splash In The Maritime World Via s|5i3hiartime.coM Ahoy there! If you are in a business pertaining to any sector of the maritime industry,
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  • BT Lifestyle
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      Lock icon JOY RIDE
      1879 23  -  Horse-riding and horse-ownership are seeing an uptrend with clubs making the sport more accessible. BT Lifestyle finds out why more Singaporeans prefer to get on their high horses By Georgine Verano jaime@sph.com.sg @JaimeEeBT DURING the day, Therecia Tay is surrounded by beautiful things as the marketing manager for
      PHOTO: SINGAPORE TURF CLUB; PHOTOS: BTSC, TURF CLUB  -  1,879 words
    • Article, Illustration
      Lock icon Bringing the Ascot experience to S’pore
      668 23  -  A new racing event in Singapore aims to bring the enjoyment of the sport to a different level and spotlights the city’s role in the growing world demand for thoroughbred horses.BY JAIME horses.BY JAIME EE TEO Ah Khing is a Malay-sian-born tycoon. A former
      PHOTOS: CHINA HORSE CLUB  -  668 words
    • COVER STORY/CINEMA
      • Article, Illustration
        Lock icon From world-class races to heart-racing pageants
        347 24  -  By Avanti Nim avantin@sph.com.sg THE Singapore Turf Club organises four major racing events every year. The Singapore Airlines International Cup (SAIC) and Krisflyer Sprint are international events, while the Longines Singapore Gold Cup and the Emirates Derby are domestic races. The SAIC, popularly known
        PHOTO: SINGAPORE TURF CLUB  -  347 words
      • Article, Illustration
        Lock icon Kooky couple who shocked US art world
        650 24  -  CINEMA By Geoffrey Eu BIG EYES is a tale based on a true story of an incredible Big Lie a case of art fraud so staggering in scope and almost beyond comprehension that raises interesting questions about the blurry line between art and
        PHOTOS: GOLDEN VILLAGE  -  650 words
      • Article, Illustration
        Lock icon Labyrinthine plot twists for a pothead private eye
        452 24  -  By Geoffrey Eu IT could be argued that the best way to watch Inherent Vice a long, indulgent shaggy-dog tale about a private eye who smokes dope, wears hippie sandals and infuriates people in authority is while under the influence of an
        PHOTO: WARNER BROS  -  452 words
    • MUSIC/ARTS
      • Article, Illustration
        Lock icon Sax to the max
        710 25  -  After 40 years and 75 million records sold, instrumentalist Kenny G powers on with a new bossa nova-inflected album. BY DYLAN TAN MUSIC album.BY DYLAN TAN YOU can run but you can’t hide from Kenny G, one of the world’s best-sell-ing instrumentalists who has ramped up
        PHOTO: CHAPMAN BAEHLER  -  710 words
      • Article, Illustration
        Lock icon Artful utopia in nature
        506 25  -  ARTS As contemporary art enclave Gillman Barracks enters its third year, the EDB is stepping up plans to turn the enclave into a destination in itself. BT talks to two young artists whose shows opened last week during Singapore Art Week. BY CHEAH UI-HOON BY CHEAH
        PHOTO: YEO WORKSHOP  -  506 words
      • Article, Illustration
        Lock icon Art on an experimental, experiential pivot
        924 25 uihoon@sph.com..sg THE Economic Development Boad has announced plans for a Request for Proposal for a new creative and art-related business development to design, build and manage up to 2,000 sq m of new space at the enclave. Not-for-profit organisation Platform Projects has also launched
        PHOTO: GALERIE MICHAEL JANNSEN  -  924 words
      • Article, Illustration
        Lock icon 13,000 hipsters rock to Laneway 2015
        515 25  -  By Dylan Tan dylantan@sph.com.sg @DylanTanSYBT BARISTAS around Singapore must have been scratching their heads wondering where everybody disappeared to last Saturday. With 13,000 hipsters descending on this year’s St Jerome’s Laneway Festival at The Meadow (and leaving a mountain of garbage that caught our
        PHOTO: ALVIN HO  -  515 words
    • WINE/ARTS
      • Article, Illustration
        Lock icon Burgundy bounty of 2005
        1061 26  -  Believed to be a great vintage year, the 2005s threw up rapturous highs and some lows.BY WINE lows.BY NK YONG WHEN I read Andre Simon’s definition of a connoisseur as “one who knows good wine from bad and appreciates the different merits of different wines”, it
        PHOTO: NK YONG  -  1,061 words
      • Article, Illustration
        Lock icon When real life is reflected on stage
        548 26  -  ARTS By Cheah Ui-Hoon uihoon@sph.com.sg NEW actors make their debut with local company, Pangdemonium, in Circle Mirror Transformation, teaming up with veteran actors. So, doesn’t that happen all the time, you ask? Well, yes, but in this rare occasion, real life mirrors the
        FILE PHOTO  -  548 words
      • Article, Illustration
        Lock icon Side-splitting outing with comedian Burr
        606 26  -  By Dylan Tan dylantan@sph.com.sg @DylanTanSYBT IT’S common for travellers to do their research on the Internet before they visit a foreign country; in Singapore for instance, they might want to Google beforehand to learn that Sim Lim Square sells iPhones with contracts drawn up by
        PHOTO: OURY ANGELO  -  606 words
    • CITY LIFE
      • Article, Illustration
        Lock icon Taste of the Anti-Cafe
        863 27  -  Singaporeans take a shine to an offbeat concept popular in Moscow and London: a timed cafe where you order off the menu but only pay for the time you spend in the cafe. BY RACHEL LOI BY RACHEL LOI @RachelLoiBT rachloi@sph.com.sg EVER heard of the “anti-cafe”?
        PHOTOS: COFFEEMIN, WEDNESDAY CAFE  -  863 words
      • CITY BUZZ BT writers'picks of what to see, do or talk about
        • Article, Illustration
          Lock icon www.tripda.com.sg
          198 27  -  CARPOOLING By Rachel Loi WHILE the turf war continues in the taxi-booking app realm, it seems that other modes of transport are being somewhat overlooked. But late last year, Brazilian start-up Tripda launched its service in a bid to revive carpooling as an alternative mode of transportation. Tripda is
          198 words
        • Article, Illustration
          Lock icon Singavore Month
          242 27  -  DINING By Tay Suan Chiang SHOW your support for local farmers by eating local produce. A group of four university students have come together to start a We are Singavore campaign, to get more people to eat local produce. They have named February “Singavore Month”. During the month,
          242 words
        • Article, Illustration
          Lock icon Lepak at the National Museum of Singapore
          449 27  -  POP-UP MARKET By Tay Suan Chiang NOTHING planned for Saturday night? Then come lepak at the National Museum where you can shop, eat and drink and also catch an outdoor movie screening. Lepak is a pop-up event is organised by The Kueh Kakis,
          449 words
        • Article, Illustration
          Lock icon The Observatory’s Playfreely
          260 27  -  OPEN-CONCEPT JAM By Dylan Tan PLAYFREELY, the experimental improv initiative for the musically adventurous by Singapore’s math rockers, The Observatory, is back again. Now held at The Projector, this year’s programme is spread over two nights, with the first taking place just two evenings ago as the
          260 words
        • Article, Illustration
          Lock icon POMI-T health supplement promotion
          156 27  -  WORLD CANCER DAY By Cheah Ui-Hoon POMI-T is one of the few supplements supported by medical research, and it’s been tested to boost the body’s defence against cancer. The health supplement made from pomegranate, broccoli, turmeric and green tea harnesses natural oxidants and anti-cancer properties. The
          156 words
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  • Page 26 Miscellaneous
    • Miscellaneous
      Lock icon Page 26 Miscellaneous Column 1
      347 26 CRYPTIC CROSSWORD Across 1 Gin and whisky, they’re divine (7) 5 Almost flog Ray? That’s inconsiderate (7) 9 Out of bed and prepared for trouble (5) 10 Doris ran off, grabbing last bit of soap the sign of a shower (9) 11 Recoiling from French writing and illustrating (10) 12
      347 words
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