The Business Times, 6 March 2015

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

Microfilm: NL33430
Total Pages: 30
1 30 The Business Times
Page thumbnail Page 1
  • Title Section
    Lock icon Masthead
    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, March 6,2015
    24 words
  • DAILY DIGEST
    • Article
      Lock icon Finance Minister Tharman
      34 1 Shanmugaratnam says that while it may be getting more expensive to do business here as companies clamour for greater resources, it isn’t necessarily bad news for the economy. TOP STORIES 2
      34 words
    • Article
      Lock icon Panellists at the PwC
      30 1 Singapore Budget Seminar 2015 say that companies in Singapore should venture beyond local shores in order to remain relevant amid shifting economic landscapes. TOP STORIES 3
      30 words
    • Article
      Lock icon Singapore is expected
      31 1 to see the largest increase in ultra-rich individuals compared to other cities globally over the next 10 years, according to Knight Frank’s Wealth Report 2015. TOP STORIES 4
      31 words
    • Article
      Lock icon Jardine Matheson posts
      26 1 a strong set of earnings, with most of the conglomerate’s businesses doing well last year despite more challenging trading conditions. COMPANIES MARKETS 6
      26 words
    • Article, Illustration
      Lock icon An L-shaped oil recovery
      37 1 is in the pipeline, with a range of US$50 to US$60 for at least the next few years as a growing consensus dismisses a near-term recovery to US$100 a barrel. ENERGY COMMODITIES 13
      37 words
    • Article
      Lock icon The European Central Bank
      33 1 will start its new government bond-buying programme on March 9, hoping that pumping new cash into the sagging eurozone economy will boost growth and lift inflation. GOVERNMENT ECONOMY 18
      33 words
    • Article
      Lock icon As various Asian cities
      29 1 find the prices of their prime residential properties pressured by macro-prudential measures, US cities top the list of price growth for such units. REAL ESTATE/19
      29 words
  • Article
    Lock icon Tharman gives assurance of fiscal sustainability
    935 1  -  The government has been prudent in its budgeting, even when there has been a temporary boost in revenues BUDGET DEBATE By Kelly Tay kellytay@sph.com.sg @KellyTayBT Singapore IN seeking to build a fair and inclusive society, Singapore has built a system that will endure through
    935 words
  • Article, Illustration
    Lock icon Tharman’s Budget wrap
    422 1  -  Deputy Prime Minister and Finance Minister Tharman Shanmugaratnam rounded up the 2½ day Budget debate by emphasising the strength of Singapore’s fiscal system, and the government’s focus on building a fair and inclusive society. The Business Times summarises his key points. By Kelly Tay BT Infographics By
    BT Graphics  -  422 words
  • Article
    Lock icon MARKETS
    27 1 Thursday Change STI 3,395.27 -20.26 KL COMP 1,806.09 -19.45 NIKKEI 225 18,751.84 +48.24 HANG SENG 24,193.04 -272.34 SHENZHEN B 1,098.68 -11.69 Dow (11am EST) 18,150.75 +53.85
    27 words
  • Page 1 Advertisements
Page thumbnail Page 2
  • TOP STORIES
    • Article
      Lock icon Taking the middle path on restructuring
      759 2  -  Tharman tells why govt went for phased restructuring and urges all to embrace future BUDGET DEBATE Reports by Lee U-Wen leeuwen@sph.com.sg @LeeUwenBT Singapore IT may be getting more expensive to do business here as companies clamour for greater resources, but Finance Minister Tharman Shanmugaratnam
      759 words
    • Article
      Lock icon CPF system is fair and sustainable
      740 2 THE strength of the Central Provident Fund (CPF) system lies in the fact that it is both financially sustainable and progressive, a “rarity” in the world when it comes to a country’s retirement savings scheme. While admitting that Singapore’s social security system may not
      740 words
    • Article
      Lock icon Military spending will still rise steadily
      459 2  -  By Chuang Peck Ming peckming@sph.com.sg @PeckmingBT Singapore SINGAPORE will not be caught in what looks like an arms race that’s building up in the region, according to Defence Minister Ng Eng Hen in Parliament. Singapore will keep a close watch on the situation, but
      459 words
    • Article, Illustration
      Lock icon Redefining reserve returns
      503 2  -  BT Explains KENNETH LIM The Singapore government wants to give itself the ability to recognise Temasek Holdings’ unrealised capital gains as investment returns that may be spent. Is that a sustainable way to address the government’s growing bills? Who manages Singapore’s reserves? RISK PROFILE MORE AGGRESSIVE MORE
      Sources: GIC, Monetary Authority of Singapore, Ministry of Finance, Temasek Holdings, newspaper archives BT Graphics: Kenneth Lim & Gareth Chung  -  503 words
    • Article
      Lock icon The role of soft power in S’pore’s foreign policy
      574 3  -  Key drivers behind Republic’s role on the global stage given an airing BUDGET DEBATE By Chuang Peck Ming peckming@sph.com.sg @PeckmingBT Singapore A PLATE of chicken rice or a bowl of laksa served in the capitals of the world can do more
      574 words
    • Article
      Lock icon A Budget seminar for SMEs
      186 3  -  By Prisca Ang prisang@sph.com.sg Singapore THE SME Magazine will organise a Budget 2015 Seminar for SMEs and entrepreneurs on March 17 at the SPH Auditorium at Toa Payoh North from 2.30 pm to 5 pm. The speakers include business leaders, an entrepreneur, an economist and
      186 words
    • Article, Illustration
      Lock icon Time for S’pore firms ‘to venture out’
      748 3  -  By Prisca Ang prisang@sph.com.sg Singapore COMPANIES in Singapore should venture beyond local shores in order to remain relevant amid shifting economic landscapes, said panellists at the PwC Singapore Budget Seminar 2015 on Wednesday. The internationalisation of businesses proved to be a focal point
      PHOTO: ARTHUR LEE  -  748 words
    • Article
      Lock icon S’pore to see largest rise in number of ultra-rich
      1035 4  -  The next 10 years will see the Republic secure top 10 global ranking among countries with biggest ultra-rich population: Knight Frank By Lynette Khoo lynkhoo@sph.com.sg @LynetteKhooBT Singapore SINGAPORE is expected to see the largest increase in ultra-rich individuals compared to other
      1,035 words
    • Article, Illustration
      Lock icon Beijing pares economic growth target to around 7%, calls it new normal
      829 4  -  By Virginie Mangin btworld@sph.com.sg Beijing AS expected, China lowered its 2015 GDP growth target to “approximately 7 per cent”, as the world’s second largest economy rebalances and faces slower global growth. In his opening address of more than
      PHOTO: REUTERS  -  829 words
    • Article
      Lock icon China’s not yet ready to let go of GDP goal
      353 4  -  *1® REUTERS BREAKINGVIEWS By Peter Thal Larsen Hong Kong CHINA’S new target for GDP growth is a missed opportunity. Premier Li Keqiang says economic output will expand by “about 7 per cent” this year. Though the lack of precision is
      353 words
    • Article, Illustration
      Lock icon StanChart profit falls 37% on impairments, US settlement
      810 4 NYT BLOOMBERG London BRITISH bank Standard Chartered, which generates most of its earnings in Asia, said on Wednesday that profit fell 37 per cent in 2014. It cited higher charges for bad loans and other credit risks, an accounting charge on its
      NYT; BLOOMBERG  -  810 words
Page thumbnail Page 3
  • Page 3 Advertisements
    • Advertisement
      Lock icon Page 3 Advertisements Column 1
      170 3 Audi Your journey of exquisite Vorsprun9 d u rch taste starts here. m m I IN A 8011 i o I I m As ml SINGAPORE Audi A8. Official Event Car for Singapore Restaurant Week. I RESTAURANT WEEK Singapore Restaurant Week event cars at a special price with complimentary COE.
      170 words
Page thumbnail Page 4
Page thumbnail Page 5
Page thumbnail Page 6
  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon Earnings up for Jardine conglomerate
      463 6  -  Jardine Matheson’s full-year profit up 9.2% at US$1.71b; Jardine Strategic’s rises 7.8% to US$1.83b JARDINE GROUP By Melissa Tan melissat@sph.com.sg @MelissaTanBT Singapore MOST of the Jardine conglomerate’s businesses did well last year despite more challenging trading conditions, the group said as it posted a strong
      463 words
    • Article, Illustration
      Lock icon Dairy Farm’s full-year gain up 2% at US$509m
      433 6  -  By Nisha Ramchandani nishar@sph.com.sg @Nisha_BT Singapore RETAIL group Dairy Farm posted a 2 per cent rise year on year in net profit to US$509 million for the year ended Dec 31, 2014, which included a net non-trading gain of US$9 million from
      433 words
    • Article
      Lock icon Hongkong Land posts full-year profit of US$1.33b
      373 6  -  By Mindy Tan tanmindy@sph.com.sg @MindyTanBT Singapore HONGKONG Land Holdings’ net profit for the full year ended December rose from US$1.19 billion to US$1.33 billion. The current reporting period’s results takes into account a net gain of US$397 million recorded principally on the valuation
      373 words
    • Article
      Lock icon Sinarmas said to revive industrial estate IPO
      257 6 BLOOMBERG Singapore SINARMAS Land Ltd, the Indonesian developer backed by billionaire Eka Tjipta Widjaja, has restarted talks on a US$300 million initial public offering of an industrial property arm, people with knowledge of the matter said. Sinarmas Land unit PT Puradelta Lestari, which
      BLOOMBERG  -  257 words
    • Article
      Lock icon Mandarin Oriental’s FY14 profit, revenue edge up
      384 6  -  By Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore MANDARIN Oriental International on Thursday reported a net profit of US$97 million for 2014, up one per cent from the US$96.3 million a year ago. Revenue rose 2 per cent to US$1.39 billion. Earnings per share rose
      384 words
    • Article
      Lock icon Keppel FELS all set to ride out the downturn
      763 7  -  It has strong order backlog; technology, proprietary designs and resilience also set it apart from the pack By Fiona Lam fionalam@sph.com.sg Singapore WHEN the going gets tough, the tough gets going. And Keppel FELS has set itself on this course as
      763 words
    • Article
      Lock icon OCBC suggests partial sale of KepLand shares as a hedge
      501 7  -  By Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore WITH a week away from the offer deadline, OCBC Investment Research is recommending that Keppel Land (KepLand) shareholders divest part of their holdings in the market at the “somewhat rich” price of S$4.54 to
      501 words
    • Article
      Lock icon Keppel unit’s UK energy project up and running
      229 7  -  By Melissa Tan melissat@sph,com.sg @MelissaTanBT Singapore KEPPEL Seghers’ energy-from-waste plant in the UK has begun commercial operations, the company’s parent Keppel Corp said on Thursday. The facility is one of the biggest waste and renewable energy projects in Europe and can process
      229 words
    • Article, Illustration
      Lock icon STI / Catalist
      62 8 STI Catalist Straits Times Index March 5,2015 3,395.27 -20.26 (-0.59%) Current streak 2 days Day high 3,422.03 Day low 3,395.27 52-week high 3,444.57 (Feb 11,2015) 52-week low 3,057.20 (Mar 20, 2014) FTSE ST Catalist index March 5,2015 692.78 -2.18 (-0.31%) Current streak 1 day Day high 699.58 Day low 691.04
      62 words
    • Article, Illustration
      Lock icon STI falls ahead of expected Wall St weakness
      619 8  -  Jardine Matheson, Singtel and Golden Agri pull the index lower; average value of traded shares at S$0.78 against S$1 last week STOCKS By R Sivanithy sivan@sph.com.sg @RSivanithyBT WEDNESDAY’S fall in the Straits Times Index (STI) prompted speculation that Wall Street could end
      Source: Bloomberg  -  619 words
    • Article
      Lock icon STI STOCKS
      318 8 Stock name Close Change Day high/low 52w high 52w low PE Div yield Mcap Ascendas Reit 252 +5 252/248 263 213 5.7 6371.4 CapitaLand 357 -3 360/354 371 268 13.1 2.5 *****.4 CapitaMall Trust 214 +2 218/214 226 186.5 5.1 7423.7 CityDev 1009 cd -16 1026/1009 1118 907
      318 words
    • Article
      Lock icon MOST ACTIVE
      37 8 VOLUME Advance SCT 107,393,000 Xpress 61,365,100 SIIC Environment 53,824,600 IHC 50,663,900 UniFiber System 44,518,800 Market volume 1,402,015,000 VALUE SingTel 83,054,807 DBS Grp 56,423,920 Keppel Land 44,709,902 OCBC Bank 42,168,382 Global Logistic 38,744,455 Market value 948,493,000
      37 words
    • Article
      Lock icon SGX ETFs Most Active
      110 8 Fund Last sale +/-(‘000) Day high/low 52w high/low Buy/Sell Mcap IS MS India US$ US811 -10 216 822/811 1000/580 811/815 101.4 STI ETF 339 -2 109 341/339 349/305 338/339 DBXT MSBANGL US$ US101.6 -1.2 72 101.6/101 116/93 101.5/102 4.2 DBXT MSPAKIS US$ US206.9 +2.3 40 206.9/206.9
      110 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      77 8 Mar 5 VALUE CLOSE BT OB/OS -229.00 -12.00 BT CADI -*****.00 -61.00 BT 10-day MA -*****.00 -23.00 FTSE ST Mid Cap 782.48 -1.44 FTSE ST Small Cap 486.88 -0.84 FTSE ST All Share 816.01 -4.11 FTSE ST China Top 191.97 +0.56 FTSE ST China 234.68 -0.40 FTSE
      77 words
    • Article, Illustration
      Lock icon STI / FTSE ST All-Share
      34 8 STI FTSE ST All-Share ftse ST All-Share index March 5,2015 816.01 -4.11 (-0.5%) Current streak 2 days Day high 821.44 Day low 816.01 52-week high 827.11 (Feb 11,2015) 52-week low 745.24 (Mar 20, 2014)
      34 words
    • Article, Illustration
      Lock icon STI / MSCI EAFE
      33 8 STI MSCI EAFE MSCI EAFE Index March 4,2015 1,862.02 -8.01 (-0.43%) Current streak 3 days Day high 1,869.17 Day low 1,854.01 52-week high 1,995.49 (July 3, 2014) 52-week low 1,697.01 (Jan 7, 2015)
      33 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 7 7 2 0 0 0 7 7 2 Manufacturing 38 49 41 6 5 14 44 54 55 Commerce 21 19 19 2 7 4 23 26 23 Tpt/Stor/Comms 13 18 10
      186 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      121 8 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 14,028 14,028 50,557 50,557 Manufacturing 204,496 38,737 243,233 88,927 1,628 90,556 Commerce 77,213 45,290 122,503 63,289 1,053 64,342 Tpt/Stor/Comms 90,927 155 91,082 157,728 10 157,738 Finance 22,294 664 22,958 147,063 159 147,222 Construction 106,046 10,932
      121 words
    • Article
      Lock icon GAINERS
      76 8 BY CENTS CLOSE UP 52w high/low Hyflux 6% CPS ***** 30.0 0.3 *****/***** Olam W*****9 US$ 39.5 13.0 31.7 70/27.5 Hotel Royal 378 8.0 2.2 400/336 Sarine Tech 281 7.0 2.6 325/216 DairyFarm USD 897 6.8 0.6 1090/849 BY PERCENTAGE CLOSE UP 52w high/low Luzhou Bio-Chem 2.9 61.1 1.1
      76 words
    • Article
      Lock icon LOSERS
      75 8 BY CENTS CLOSE DOWN 52w high/low JMH USD 6454 -150.5 -1.7 6788/5552 DBXT MSEurope US$ 5860 -138.2 -1.7 6492/5366 JSH USD 3510 -58.8 -1.2 3810/3227 GLD US$ ***** -49.3 -0.3 *****/***** DBXT Vietam US$ 2684 -42.4 -1.1 3100/2403 BY PERCENTAGE CLOSE DOWN 52w high/low Infinio 0.2 -33.3 -0.1 3.1/0.2
      75 words
    • Article
      Lock icon UNUSUAL ACTIVITY
      85 8 VOL CLOSE($) CHANGE Sinotel Tech 1,948.0 0.049 +0.008 +19.51 UniFiber System 44,518.8 0.016 +0.004 +33.33 Moya Asia 9,652.0 0.049 +0.007 +16.67 China Oilfield 2,113.0 0.005 -0.001 -16.67 S i2i 7,794.0 0.003 -0.001 -25.00 Yong Xin Intl 208.0 0.013 -0.002 -13.33 TMC Education 85.0 0.079 +0.005 +6.76 Luzhou Bio-Chem
      85 words
    • BROKERS’ TAKE
      • Article
        Lock icon In no values
        145 8 Buy March 5 close: S$0.73 Target price: S$0.88 Maybank Kim Eng Research, March 5 WE hosted a small-group client session with management following Innovalues’ recent blow-out results. Management shared a bullish outlook. Automotive revenue, at over 80 per cent of its total, should grow the fastest. Even
        145 words
      • Article
        Lock icon Keppei Land
        210 8 Accept offer March 5 close: S$4.52 Lower offer price: S$4.38 Higher offer price: S$4.60 OCBC Investment Research, March 5 WE are now one week from the offer deadline and see better-than-even odds for KepLand’s privatisation but, at the same time, also highlight that Keppel Corp a 54.6 per
        210 words
      • Article
        Lock icon Swissco Holdings
        178 8  -  Compiled by Kenneth Lim Add March 5 close: S$0.455 Target price: S$0.90 CIMB Research, March 4 SWISSCO reaffirmed that charter contracts for its nine rigs are secured. The batch of four rigs chartered by Pemex (currently being operated by Ensco) will be renewed by end-March 2015. We believe
        178 words
    • Article
      Lock icon CALENDAR
      9 8 Data I 9.30pm (March 6) US Unemployment Rate
      9 words
    • Article
      Lock icon Euro nears 11½-year low ahead of QE plan
      423 9 CURRENCIES REUTERS London THE euro hovered near an 11½ year low against the dollar on Thursday as investors waited for the European Central Bank to announce more details of its massive bond-buying programme. The euro fell to US$1.1026 in Asia, its lowest
      REUTERS  -  423 words
    • FOREX RATES
      • Article
        Lock icon INTERBANK CROSS RATES
        471 9 Mar 5 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.972 4.896 0.707 6.059 48.578 101.426 0.936 8.598 2.854 1.038 79.551 34.477 1.069 9.214 0.755 24.589 25.320 0.512 0.781 Canada 1.029 5.038
        471 words
      • Article, Illustration
        Lock icon HANG SENG
        2 9
        2 words
      • Article, Illustration
        Lock icon NIKKEI
        1 9
        1 words
      • Article, Illustration
        Lock icon SHANGHAI COMPOSITE
        2 9
        2 words
      • Article, Illustration
        Lock icon DOW JONES
        2 9
        2 words
      • Article
        Lock icon INTERBANK CURRENCY RATES
        155 9 Mar 5 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.0688 1.0696 0.7811 0.7814 Canadian dollar 1.1000 1.1005 0.8040 0.8039 Euro 1.5127 1.5135 1.1055 1.1057 NZ dollar 1.0301 1.0308 0.7528 0.7531 Sterling pound 2.0873 2.0888 1.5255 1.5260
        155 words
      • Article
        Lock icon US$/S$ FORWARD RATES
        22 9 Mar 5 S$ Bid Offer 1-month 1.3697 1.3705 2-months 1.3707 1.3716 3-months 1.3715 1.3725 6-months 1.3725 1.3733 Source: OCBC
        22 words
    • EQUITY BONDS WARRANTS FUTURES
      • Article
        Lock icon BONDS, WARRANTS, PREFERENCE SHARES Most active
        208 9 Mar 5 Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Compact Metal Indus W*****0 1.9 -0.3 4979 1 2 20 OLS Enterprise W*****5 0.1 unch 4000 1 1 120 5.00 29 OCBC Bk MB eCW*****3 10.3 -0.7
        208 words
      • Article
        Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
        373 9 In local curr In S$ In US$ dy yr dy yr dy yr Mar 4 Index Change Change Change Change Change Change World Preliminary 1335.3 -0.3 4.7 -0.1 6.3 -0.5 3.0 EAFE Preliminary 1072.9 0.1 8.7 -0.1 8.3 -0.4 4.9 Europe Preliminary 1512.6 0.5 9.5
        373 words
      • Article
        Lock icon SGX DERIVATIVES TRADING
        368 9 Mar 5 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.16 *****.50 *****.36 Mar15 *****.00 *****.00 *****.00 *****.00 ***** *****1 Jun15 *****.00 *****.00 *****.00 *****.00 2156 ***** MSCI TAIWAN INDEX FUTURES SPOT 357.61 357.61 354.40 Mar15 357.40 357.60 354.10 355.30 ***** *****2 Apr15 357.20
        368 words
    • BANK RATES
      • Article
        Lock icon INTERBANK RATES
        154 9 Mar 5 $S Offer Bid 0vernight 0.08 Par 1-month 0.6875 0.5625 2-months 0.6875 0.5625 3-months 0.8750 0.7500 Overnight mode: 0.125 US$ 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
        154 words
      • Article
        Lock icon SIBOR
        36 9 Mar 5 (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 1.***** Source: Thomson Reuters
        36 words
      • Article
        Lock icon GOVERNMENT SECURITIES
        67 9 Mar 5 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0Z 2.375 01-Apr-17 102.51 5-Year N*****0H 1.625 01-Oct-19 99.4 99.56 99.56 10-Year NY*****H 3.000 01-Sep-24 105.63 106.00 105.75 15-Year NY*****E 2.875 01-Jul-29 102.84 103.35 102.95 20-Year NZ*****V 3.375 01-Sep-33 108.77 109.60 109.28
        67 words
    • AGRI METALS ENERGY
      • Article
        Lock icon COMMODITY FUTURES
        250 9 Mar-4 Price Net change change Last Trade Agricultural Mar-4 CBOT Soybeans (US cents/bu) 989.00 -19.75 -1.96% 13/03/2015 CBOT Soybean Oil (US cents/lb) 32.03 -0.77 -2.35% 13/03/2015 CBOT Wheat (US cents/bu) 493.50 -15.25 -3.00% 13/03/2014 Mar-4 LIFFE Cocoa (£/tonne) 2051.00 6.00 0.29% 16/03/2015 LIFFE Coffee (US$/tonne) 1834.00 -24.00 -1.29%
        250 words
    • Article
      Lock icon Malaysia’s 2015 IPOs, private debt securities seen raising over RM90b
      644 10  -  Securities Commission chief reports healthy growth in the country’s capital markets By Pauline Ng btworld@sph.com.sg Kuala Lumpur FUNDS raised from initial public offerings (IPOs) and private debt securities from Malaysia’s capital markets are expected to exceed RM90 billion (S$33.7 billion)
      644 words
    • Article
      Lock icon S’pore execs link 39% of firm’s market value to CEO reputation
      440 10  -  By Kenneth Lim kenlim@sph.com.sg @KennethLimBT Singapore EVER wondered why some chief executives seem to be paid so handsomely? A survey by public relations firm Weber Shandwick claims that Singapore executives on average attribute 39 per cent of a company’s
      440 words
    • IN BRIEF
      • Article
        Lock icon No changes to STI after review
        61 10 The benchmark Straits Times Index (STI) will remain unchanged following the conclusion of its quarterly review. The STI reserve list comprises Keppel Land, UOL Group, CapitaCommercial Trust, Suntec Reit and Yangzijiang Shipbuilding Holdings. Companies on the reserve list will replace any constituents that become
        61 words
      • Article
        Lock icon Pteris selling stake in airport equipment firm
        77 10 PTERIS GLOBAL plans to sell its 30 per cent interest in airport equipment firm Shenzhen CIMC-Tianda Airport Support Ltd (Tianda) at an indicative price of 250.6 million yuan (S$54.8 million) to Lucky Rich Holdings Limited. The company said that the disposal will strengthen
        77 words
  • Page 6 Advertisements
    • Advertisement
      Lock icon Page 6 Advertisements Column 1
      146 6 ADMISSION ITSHOW 19-22 MARCH 2015 SUNTEC SINGAPORE LEVELS3,486 12-9PM TRADE-IN TECH SHOWCASE Trade-in your old faulty laptops, tablets or smartphones and get CASH VOUCHERS’ to spend at IT SHOW! •Terms and conditions Experience innovation last forward with Lenovo’s new miniature movie box installed with the perfect home theatre device The
      146 words
    • Advertisement
      Lock icon Page 6 Advertisements Column 2
      269 6 y*: sm •Si 7 Ink Legacy Ling Cher Eng Retrospective Art Exhibition Now till 1 1 March 2015, 11 am to 1 0pm daily ION Art Gallery, Level 4 ION Orchard, 2 Orchard Turn, 5(*****1) Asia Art Collective presents a major posthumous retrospective exhibition ot the Singapore second-generation ink master
      269 words
Page thumbnail Page 7
  • Page 7 Advertisements
    • Advertisement
      Lock icon Page 7 Advertisements Column 1
      291 7 “Being the Employer of Choice is our organisational goal. This includes hiring on merit, which widens our talent pool, contributing to business growth. As a pledge signer, TAPER supports us with a range of advisory services in fair employment practices.” “Retaining and attracting good talent is crucial to a business.
      291 words
Page thumbnail Page 8
Page thumbnail Page 9
Page thumbnail Page 10
  • Page 10 Advertisements
    • Advertisement
      Lock icon Page 10 Advertisements Column 1
      360 10 STProperty EVENTS All prices are inclusive of GST TICKETS NORMAL 1-Day Pass 2-Day Pass $25 $40 ‘Early bird price ends 30 March 2015 Date: Saturday Sunday 18-19 April 2015 r > w— KSH SB* i i EARLY BIRD $18 $30 STPROPERTY SEMINAR: Strategies to Capitalise on Opportunities and Avoid Pitfalls
      360 words
    • Advertisement
      Lock icon Page 10 Advertisements Column 2
      189 10 US Patented The Company that first brought you SoFresh® Tongue Cleaner Flossing Toothbrush in Singapore... gft'Vra' 76 V n6 sof S stora9 e JRSiaas^” Convenience for all your On-The-Go needs d P -Travelling, Outdoor Activities.... Ladies' Handbag, Shirt Pocket, etc... J k Ik SoFresh®bristles are made from exclusive material r*
      189 words
Page thumbnail Page 11
  • Page 11 Advertisements
    • Advertisement
      Lock icon Page 11 Advertisements Column 1
      696 11 Htr SALON GOURMET In partnership with HSBC^ European Culinary Artistry Cuisine of Ronan Kervarrec©^ Enjoy a year-long gastronomic celebration of finest European cuisine as the inaugural Salon Gourmet presents Michelin-rated International Guest Chef promotions and exclusive Gourmet Dining Events. Le Celebration de Boeuf with the wines of Chateau Grand-Puy-Lacoste Chateau
      696 words
Page thumbnail Page 12
  • BANKING & FINANCE
    • Article
      Lock icon S&P 500 slides after US$17b ETF outflows in 2015
      730 12 Index this week suffers the biggest two-day fall since January, following a 5.5 per cent rally in February BLOOMBERG New York MORE than 50 record closes for the Standard Poor’s 500 Index in the last year are proving too little to
      BLOOMBERG  -  730 words
    • Article
      Lock icon HKEx sees just US$9m revenue boost from Stock Connect
      211 12 REUTERS Hong Kong HONG Kong’s stock exchange operator said on Thursday a stock connect programme with Shanghai that launched on Nov 17 contributed just US$8.8 million to revenue last year, showing how disappointing trading on the programme has capped profit growth.
      REUTERS  -  211 words
    • Article, Illustration
      Lock icon Bank of England’s role in rigging money market auctions under probe
      504 12 NYT London THE Serious Fraud Office, the British agency that investigates and prosecutes fraud and corruption, is investigating whether the Bank of England played any role in rigging money market auctions during the financial crisis in 2007 and 2008.
      NYT; PHOTO: REUTERS  -  504 words
    • Article
      Lock icon Banks in US brace for second part of Fed’s stress test
      403 12 Deutsche Bank, Santander likely to fail the test which holds key to higher dividends REUTERS Washington THE largest US banks and their foreign rivals are facing a tough two-step check-up of their financial health by the Federal Reserve, forcing
      REUTERS  -  403 words
  • Page 12 Advertisements
    • Advertisement
      Lock icon Page 12 Advertisements Column 1
      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
      71 words
    • Advertisement
      Lock icon Page 12 Advertisements Column 2
      40 12 MAKE FOR INDIA Businesses in Singapore are eyeing the country’s domestic market ANUSHKA SHARMA PRODUCES A THRILLER AND ACTS IN IT AS WELL GET YOUR COPY TODAY FROM ALL 7-ELEVEN OUTLETS TO ADVERTISE: CALL SHAN (*****861) KALWANT (*****327) NISHAL (*****438)
      40 words
    • Advertisement
      Lock icon Page 12 Advertisements Column 3
      46 12 OPTIMISING THE WORK ENVIRONMENT r ASIA 2015 29-31 JULY 2015 Marina Bay Sands Expo Convention Centre, Singapore www.OfficExpoAsia.com The Next-Generation Workscape S Managed Document Solutions Interested to exhibit? Tel: (65) 6848 5938 Email: OEA@bizlink.com.sg Organised By; BIZLINK Exhibition Services Pte Ltd A SUBSIDIARY OF S|il OfficExpoAsia
      46 words
    • Advertisement
      Lock icon Page 12 Advertisements Column 4
      19 12 BsAwoauozA ar to 0 ss itr Sat s > f > w. j U B o 5^ i i,' k www.omy.sg
      19 words
Page thumbnail Page 13
  • ENERGY & COMMODITIES
    • Article, Illustration
      Lock icon More analysts partial to L-shaped oil recovery
      1225 13 Persuaded by shale oil, market watchers tend to favour an L-shaped instead of U or V-shaped recovery experienced in 2008 Houston GET ready for an L-shaped oil recovery. A growing consensus is emerging from the likes of BP, the International Energy Agency, shale
      PHOTO: REUTERS  -  1,225 words
    • Article
      Lock icon Fuji Oil unveils S’pore R&D centre for Asian food products
      299 13  -  By Chan Yi Wen yiwenc@sph.com.sg @ChanYiWenBT Singapore JAPANESE food manufacturing supplier, Fuji Oil, on Thursday officially opened its US$4 million Asia Research Development (R&D) Center in Singapore. The facility is dedicated to creating safe, tasty and healthy food products for
      299 words
  • Page 13 Advertisements
    • Advertisement
      Lock icon Page 13 Advertisements Column 1
      327 13 11 Living inspiration... KCAMPO DE' fiori Italian Lifestyle Campo De’ Fiori range is available at Labrador Ton Guan branches only New Launch Siena Mechanism Lounge Suite In Thick Leather FLAGSHIP Labrador Branch l£ 1 Pasir Panjang Road Level 3 Tel: 6273 2522 BOUTIQUES Upper Thomson Branch Tel: 6275 8832 •Sungei
      327 words
    • Advertisement
      Lock icon Page 13 Advertisements Column 2
      24 13 Buy new musical instruments or put up your old ones for sale in CLASS 72 To advertise, call the Print Classified Hotline: 1800-289 9988
      24 words
Page thumbnail Page 14
  • TECHNOLOGY
    • Article, Illustration
      Lock icon Apple to delay production of larger-screen iPads: sources
      466 14 New product part of CEO Tim Cook’s attempt to boost iPad line, which has had four quarters of falling sales BLOOMBERG Taipei APPLE Inc, which has seen stagnating iPad sales, will delay the start of manufacturing for a larg-er-screened version of the
      BLOOMBERG; PHOTO: BLOOMBERG  -  466 words
    • Article
      Lock icon Sharp bets on another bailout; banks want bold overhaul at firm
      787 14 REUTERS Tokyo LOSS-MAKING Japanese electronics firm Sharp Corp met its main banks on Thursday in an effort to secure its second major bailout since 2012, betting they will have little choice but to pay up despite their call for
      REUTERS  -  787 words
    • Article
      Lock icon IBM buys AlchemyAPI to bolster Watson technology
      353 14 WP New York IBM is buying machine-learning systems maker AlchemyAPI to bolster its Watson technology as competition heats up in the data analytics and artificial intelligence fields. AlchemyAPI’s software tools are used by 40,000 developers to analyse and classify text and images, and
      WP  -  353 words
  • Page 14 Advertisements
    • Advertisement
      Lock icon Page 14 Advertisements Column 1
      1905 14 The Business Times NOTICES In the Matter of The Companies Act, Cap. 50 And In the Matter of (1) CITADINES SINGAPORE MOUNT SOPHIA PTE. LTD. (In Members’ Voluntary Liquidation) (Co. Reg. No. *****0350E) (2) SCOTTS CENTRE MANAGEMENT PTE. LTD. (In Members’ Voluntary Liquidation) (Co. Reg. No. *****1636G) (3) SUITES MANAGEMENT
      1,905 words
Page thumbnail Page 15
  • CONSUMER
    • Article, Illustration
      Lock icon McDonald’s to cut back on antibiotics-fed chickens in US
      598 15 Only poultry-specific drugs not used on people could be fed to chickens as worries grow over resistance to crucial drugs AFP Washington FAST-FOOD giant McDonald’s announced on Wednesday it would stop serving chicken raised with antibiotics that are important to human
      AFP; PHOTO: REUTERS  -  598 words
    • Article
      Lock icon Abercrombie remains adrift; sales miss analysts’ estimates
      391 15 WP New York ABERCROMBIE Fitch Co, the teen retailer looking for a new chief executive officer, posted a worse fourth-quarter sales decline than analysts estimated after struggling to lure customers during the holidays. Sales at comparable stores, which includes locations open at least
      WP  -  391 words
    • Article
      Lock icon Abercrombie selling company plane; marks end of an era
      282 15 BLOOMBERG New York IN the clearest sign yet that Abercrombie Fitch Co’s go-go days are over, the company is selling its private plane. The teen retailer put the jet on the market last quarter, chief financial officer Joanne Crevoiserat said on
      BLOOMBERG  -  282 words
  • Page 15 Advertisements
    • Advertisement
      Lock icon Page 15 Advertisements Column 1
      2586 15 The Business Times L I 1 I I 1 O Toll free 1800-289-8822 I I Email noticesiasph.com.sg M B j B j il www.sphclass.com.sg/notices IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF ART CRAFT TECHNOLOGY PTE LTD Company Registration No. *****6089R (IN MEMBER’S VOLUNTARY
      2,586 words
    • Advertisement
      Lock icon Page 15 Advertisements Column 2
      312 15 In the Matter of The Companies Act, Cap. 50 And In the Matter of (1) ACHIEVA COMPONENTS PTE LTD (In Members’ Voluntary Liquidation) (Co. Reg. No. *****5563E) (2) ACHIEVA ELECTRONICS PTE LTD (In Members’ Voluntary Liquidation) (Co. Reg. No. *****6539E) NOTICE OF FINAL GENERAL MEETINGS NOTICE IS HEREBY GIVEN that
      312 words
Page thumbnail Page 16
  • Page 16 Advertisements
    • Advertisement
      Lock icon Page 16 Advertisements Column 1
      7567 16 VOLUNTARY CONDITIONAL OFFER by mn ROTHSCHILD ROTHSCHILD (SINGAPORE) LIMITED (Company Registration No. *****1242C) (Incorporated in the Republic of Singapore) for and on behalf of CKM (CAYMAN) COMPANY LIMITED (Company Registration No. MC-*****0) (Incorporated in the Cayman Islands) to acquire all the issued and paid-up ordinary shares in the capital of
      7,567 words
Page thumbnail Page 17
Page thumbnail Page 18
  • GOVERNMENT & ECONOMY
    • Article, Illustration
      Lock icon ECB bond-buying scheme to start on Monday
      591 18 Central bank will purchase sovereign debt until at least September 2016 REUTERS BLOOMBERG Nicosia THE European Central Bank said it will start its new government bond-buy-ing programme on March 9, hoping that pumping new cash into the sagging eurozone economy will boost growth
      REUTERS; BLOOMBERG  -  591 words
    • Article
      Lock icon Jan factory orders fall, making it 6th straight monthly decline
      342 18 LATEST US DATA REUTERS Washington NEW orders for US factory goods unexpectedly fell in January, posting their sixth straight monthly decline, a sign of weakness in the manufacturing sector. The Commerce Department said on Thursday new orders for manufactured goods
      REUTERS  -  342 words
    • Article
      Lock icon 1MDB likely to be dismantled under debt repayment plan: sources
      575 18 REUTERS Kuala Lumpur MALAYSIA’S indebted and controver-sy-ridden state investor 1MDB will be left as a skeletal structure and possibly dissolved under a debt repayment plan in which most of its assets will be sold, sources with direct knowledge of the
      REUTERS  -  575 words
  • Page 18 Advertisements
    • Advertisement
      Lock icon Page 18 Advertisements Column 1
      111 18 REPUBLIC OF Fritz Hansen IT TAKES AN ORIGINAL TO MAKE AN ORIGINAL Join us this weekend as we exhibit vintage pieces of Series 7™ Chair with the contemporary 60th Anniversary Series 7™ limited editions. open Extended Weekend Showroom Hours Sat, 7 March, 10am to 10pm Sun, 8 March, 10am to
      111 words
    • Advertisement
      Lock icon Page 18 Advertisements Column 2
      216 18 Crosby Sills h TOUR j INGA RiD R E 19 8PM THE STAR TOEATRE THE STAR PERFORMING ARTS CENTRE TICKETS ON SALE NOW SISTIC.COM.SG OR CALL *65 6348-5555 FOR PRE-SHOW HOSPITALITY. CALL 3157-1453 0 D tolEB aLAMCPRODUCTIONS www.lamcproductions.com TV Partnar Radio Station HTS that The Pi I AN Guys RUSSELL
      216 words
Page thumbnail Page 19
  • REAL ESTATE
    • Article
      Lock icon NZ may tighten rules on property loans for investors
      415 19 BLOOMBERG Wellington NEW Zealand’s central bank signalled it may tighten rules on lending to property investors in another attempt to cool a rampant Auckland housing market without raising interest rates. The local dollar fell. The Reserve Bank of New Zealand (RBNZ)
      BLOOMBERG  -  415 words
    • Article
      Lock icon Chicago’s Willis Tower up for sale
      379 19 BLOOMBERG Los Angeles CHICAGO’S Willis Tower, once the world’s tallest building and one of the city’s top tourist attractions, is up for sale. The owners, which include New York-based investors Joseph Chetrit and Joseph Moinian, have hired brokerage Eastdil Secured to market the 110-story
      BLOOMBERG  -  379 words
    • Article
      Lock icon 40% of cities see prime home prices fall or stay flat in 2014: Knight Frank
      1013 19  -  NY leads in price growth; S’pore slips to 98th spot from 56th in 100 cities surveyed, dragged by cooling measures By Lynette Khoo lynkhoo@sph.com.sg @LynetteKhooBT Singapore AS various Asian cities find the prices of their
      1,013 words
    • Article
      Lock icon Thai developer LPN sees condo market slowing
      239 19 REUTERS Bangkok THAILAND’S biggest condominium developer LPN Development pcl said on Thursday that the company is cautious about buying land as domestic demand for high-rise buildings weakens and banks restrict lending to home buyers. Several property developers have changed strategies to focus on
      REUTERS  -  239 words
    • Article, Illustration
      Lock icon HDB resale prices dip on lower volume in February: SRX
      481 19  -  Resale volume fell 8.5 per cent to 1,148 flats sold in February, down from 1,255 transacted units in January By Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore HDB prices continue to decline in February, as their transaction volume also shrunk month on
      Source: SRX Property  -  481 words
    • Article, Illustration
      Lock icon Hotel market staggers in New York City
      894 20 Strong dollar, weak global economy could curb tourism and undermine city’s appeal to developers and investors NYT New York ON 41st Street near Times Square, a Hyatt Place hotel is under construction. The shell of a Hampton Inn sits one block to the
      NYT; PHOTO: NYT  -  894 words
  • Page 19 Advertisements
    • Advertisement
      Lock icon Page 19 Advertisements Column 1
      394 19 Rock out at home or your office with our latest Home Theatre Systems Dream Theatre Package: $5,400.oo JBL Studio 580 Floorstand Speakers 1 pair JBL Studio 530 Bookshelf Speakers 1 pair JBL Studio 520C Center Speaker 1 each JBL ESI 50CH Subwoofer 1 each Harman kardon AVR-171 AV Receiver Amp
      394 words
Page thumbnail Page 20
  • Page 20 Advertisements
    • Advertisement
      Lock icon Page 20 Advertisements Column 1
      637 20 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements CLASSIFIED 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 D04 HOUSE FOR SALE TREASURE ISLAND 2-Storey Villa. 5+1. 8642/ 8000 sqft. Pool/ Basement/ Roof Terr. $18.8M
      637 words
    • Advertisement
      Lock icon Page 20 Advertisements Column 2
      146 20 D10 APARTMENT FOR RENT THEOLIV New! The Oliv. Balmoral. 4+1 bdrms. Duplex 3337 sqft Sky Garden/ Penthouse 6125 sqft. Owner 8101 6699/ 9144 0027 D01 OFFICE FOR SALE CROWN ROBINSON RD Rare FH Grade A office! Direct fr Developer. 2 mins fr Tg Pagar MRT. Ltd units. TOP estimated Dec
      146 words
Page thumbnail Page 21
  • VEHICLES & LIFESTYLE
    • Article, Illustration
      Lock icon Getting fit: Personal trainers v apps
      1102 21  -  By Molly Wood NEW YORK TIMES A CTIVITY trackers. Calorie counters. Phones with heart monitors. Technology companies are clearly fascinated with fitness and health these days. As technology starts pushing us to be healthier and fitter, some apps are even trying to replace the
      NEW YORK TIMES  -  1,102 words
  • Page 21 Advertisements
    • Advertisement
      Lock icon Page 21 Advertisements Column 1
      303 21 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements CLASSIFIED ITEMS WANTED LIQUOR WANTED Highest Offer! Old and New Liquor Martel/ XO Hennessy etc./ Also wanted Korean Ginseng. Call: *****092 LAUNDRY SERVICES ISLANDWIDE SERVICES Islandwide curtain laundry pick up/ delivery. 10-10pm. Call 6255-4222. www.justrelax.com.sg PETS PET CARE AQUARIUM TERRARIUM PRODUCTS Tillandsia/
      303 words
    • Advertisement
      Lock icon Page 21 Advertisements Column 2
      18 21 PETS PET CARE ROTTWEILERS Pedigree Big Bone German puppies for sale. Loyal companion good watch dog. SMS 9680-2200
      18 words
Page thumbnail Page 22
  • OPINION
    • Article
      Lock icon Imperfect nuclear deal with Iran is better than no deal at all
      521 22 EDITORIAL REPORTS from Washington suggest that the negotiations between the P5+1 group (the United States, Britain, France, Russia, China and Germany) and Iran over the Islamic Republic’s nuclear programme are headed towards a deal under which Teheran would
      521 words
    • Article
      Lock icon Making do with more in the Information Age
      843 22  -  THE BOTTOM LINE By J Bradford Delong T The writer is professor of economics at the University of California at Berkeley and a research associate at the National Bureau of Economic Research. He is also a former deputy assistant US Treasury secretary
      PROJECT SYNDICATE  -  843 words
    • Article, Illustration
      Lock icon OW Bunker and the failure in governance
      1631 22 Lack of transparency and conflicts of business roles are among the underlying causes of the collapse of the global marine fuel logistics firm. BY MAK YUEN TEEN AND CHRISTOPHER BENNETT T The writers are, respectively, associate professor of accounting at NUS Business School
      PHOTO: CHEW SENG KIM/THE STRAITS TIMES  -  1,631 words
    • Article, Illustration
      Lock icon History, logic and market forces say oil prices will rise again
      710 23  -  COMMENTARY By Martin Tillier OILPRICE.COM OIL’S rapid decline since August of last year has been dramatic. To listen to some commentators you would also think it is unprecedented and irreversible. Those claiming that oil will continue to fall from
      OILPRICE.COM; Source: Macrotrends.net; BT Graphics  -  710 words
    • Article, Illustration
      Lock icon UK election risks add to EU disintegration concerns
      1002 23  -  Another hung Parliament could have foreign policy implications both for Britain and its allies. BY ANDREW HAMMOND T The writer is an associate at LSE Ideas, the foreign policy think tank of the London School of Economics, and a former UK government
      PHOTO: BLOOMBERG  -  1,002 words
    • Article, Illustration
      Lock icon SGX clarifies need for continuous all-day trading
      507 23  -  LETTER TO THE EDITOR Chew Sutat Executive vice-president Singapore Exchange I REFER to Mr Natarajan A’s letter, “SGX, do elaborate on rationale for continuous trading” (BT, 4 March). As the writer mentioned, continuous all-day trading (CAT) was implemented only after a public consultation,
      BT Graphics  -  507 words
    • Article
      Lock icon Time for digital financial innovation
      663 23  -  By Vivianne Arnold T The writer is CEO of Franklin Phillips, a fintech executive search company, and non-executive director of the Australian Services Roundtable. In January she presented this at the Apec SOM1 Public Private Dialogue on Services in the Philippines. THE advent of the
      663 words
Page thumbnail Page 23
Page thumbnail Page 24
  • TRANSPORT
    • Article, Illustration
      Lock icon DHL Express to triple capacity with new S$140m facility
      549 24  -  When completed in 2016, it will have the first fully automated parcel sorting and processing system in South Asia By Chan Yi Wen yiwenc@sph.com.sg @ChanYiWenBT Singapore TO capitalise on the growing trade volumes in South-east Asia, DHL Express is pumping S$140
      PHOTO: DHL EXPRESS  -  549 words
    • Article
      Lock icon Macquarie buys planes from AWAS for US$4b
      677 24 BLOOMBERG Sydney MACQUARIE Group is buying aircraft from AW AS Aviation Capital for US$4 billion, and raising at least A$500 million (S$ 535.5 million) to fund the acquisition. The purchase, comprising 90 passenger planes leased to 40 airlines, expands its portfolio to 220
      BLOOMBERG  -  677 words
    • Article
      Lock icon Search for MH370 may be scaled back, says Australian PM
      669 24 AFP Sydney AUSTRALIAN Prime Minister Tony Abbott on Thursday suggested that the search for missing Flight MH370 may be scaled back, while expressing hope that the jet would be found a year after it vanished. The Malaysia Airlines plane disappeared
      AFP  -  669 words
    • Article, Illustration
      Lock icon UK govt sells its stake in Eurostar rail for £585m
      391 24 REUTERS London BRITAIN has agreed to sell its 40 per cent stake in the Eurostar rail link for £585 million (S$ 1.2 billion) to a consortium comprising the Canadian public pension fund Caisse de Depot du Placement du Quebec (CDPQ)
      REUTERS; PHOTO: AFP  -  391 words
    • Article, Illustration
      Lock icon Ride-sharing programme by Uber stopped in Japan
      482 24 BLOOMBERG Tokyo JAPAN’S transport ministry has ordered Uber Technologies to stop a ride-sharing pilot programme in a southern Fukuoka city, deepening the regulatory challenges that the startup company faces globally. The San Francisco-based company was told to stop the trial of Everyone’s Uber,
      BLOOMBERG; PHOTO: AFP  -  482 words
Page thumbnail Page 25
  • Article
    Lock icon THE BUSINESS TIMES SHIPPING TIMES
    1943 25 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 OCEAN SEAGULL 42 60 9/3 10/3 14/3 16/3 MALAYSIA STAR 43 50 10/3
    1,943 words
  • Page 25 Advertisements
    • Advertisement
      Lock icon Page 25 Advertisements Column 1
      107 25 Experienced shf p maintenance services wanted. Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE WONG AT 9620 1327 THE BUSINESS TIMES SHIPPING TIMES Make A Splash In The Maritime World Via s|5iiSnartime.coM Ahoy there! If you are in a business pertaining to any sector
      107 words
Page thumbnail Page 26
Page thumbnail Page 27
  • Page 27 Miscellaneous
    • Miscellaneous
      Lock icon Page 27 Miscellaneous Column 1
      328 27 CRYPTIC CROSSWORD Across 1 Unexpectedly published, ring fellow livid about article (3,2,3,4) 9 Formal meeting in Bury to contend with (9) 10 Italian river miles away from wood (5) 11 So sad, broadcast about English port (6) 12 Shorts all the rage? Nonsense (3,5) 13 Trying experience in old wood
      328 words
Page thumbnail Page 28
Page thumbnail Page 29
Page thumbnail Page 30
  • BT Lifestyle
    • Article, Illustration
      Lock icon TURNING PASSION INTO PROFIT
      1730 30  -  Ever thought of turning your hobby into a career? These individuals show you how it’s done. BY AVANTI NIM done.BY AVANTI NIM The building blocks of success Nicolas FOO, 39 Lego professional SO what if you’re old enough to vote, get married and drive a car?
      PHOTOS: NICHOLAS FOO; FILE PHOTO  -  1,730 words
    • CITY LIFE
      • Article, Illustration
        Lock icon ROCK WITH SHAMROCKS
        745 26  -  St Patrick’s Day takes to Singapore streets with parades featuring the three-leaved clover and partying the hearty Irish way. BY AVANTI NIM way.BY AVANTI NIM avantin@sph.com.sg LOOKING for a way to immerse yourself in Irish tradition and culture without suffering through a 14-hour flight? Singapore River One
        PHOTOS: SINGAPORE RIVER ONE  -  745 words
      • CITY BUZZ BT writers’ picks of what to see, do or talk about
        • Article, Illustration
          Lock icon AIR SUPPLY FETES 40 LOVE-LORN YEARS
          353 26  -  CONCERT Air Supply By Dylan Tan LOVE songs don’t get any mushier than the stuff that comes from Air Supply, the Australian soft rock duo made up of singer Russell Hitchcock and songwriter-singer-guitarist Graham Russell. 2015 marks the band’s 40th anniversary and to celebrate
          PHOTO: AIR SUPPLY  -  353 words
        • Article, Illustration
          Lock icon HAVE you ever heard of
          230 26  -  By Avanti Nim an eco-friend-ly painting? Nihonga is a style of Japanese painting which involves using nikawa (resin) and water, with layers of mineral pigments painted onto handmade washi paper. This is unlike oil paintings, where linseed and turpentine are used on canvas. Madhu Jain
          230 words
        • Article, Illustration
          Lock icon DINING
          100 26  -  By Rachel Loi Four-Hands Dinner 6509-1453 Bacchanalia, 23A Coleman Street reservations@bacchanalia.asia TREAT yourself to a one-night-on-ly “Four-Hands” Dinner collaboration as part of the San Pellegrino’s Asia 50 Best Restaurant Maestro Dinner Series. The dinner features a unique 18-course menu by Chef Gaggan Anand of Gaggan Restaurant in Bangkok and
          100 words
        • Article, Illustration
          Lock icon ART
          162 26  -  By Helmi Yusof ArtWalk@Wessex 2015 A CLUSTER of art studios in Wessex Estate off Portsdown Road is once again open to the public this weekend. Fourteen studios housing several artists will welcome visitors on Saturday and Sunday for its annual ArtWalk@Wessex to inspect, discuss and buy their works. You’ll
          PHOTO: KELLY REED  -  162 words
        • Article, Illustration
          Lock icon BOOKS
          277 26  -  By Avanti Nim Andre Yeo’s “Home: 50 50-word stories to celebrate Singapore's 50th birthday” Cover illustration: Koh Hong Teng Illustration: Cheng JingXin Printed by: Tien Wah (Pte) Ltd ISBN: 978-981-09-1787-6 S$15.90 FOR a tiny island state like Singapore, turning 50 is no small feat. After contending with occupations, meagre
          PHOTOS: ANDRE YEO  -  277 words
    • WINE/MUSIC
      • Article, Illustration
        Lock icon Vinous diary for CNY
        1130 27  -  Chinese New Year get-togethers are an opportune time to savour old gold. BY NK WINE BY NK YONG TWO evenings ago I drank a wine which brought back many warm memories, albeit tinged with much sadness, of a great friend, Gerard Jaboulet, of the famous wine
        PHOTOS: NK YONG  -  1,130 words
      • Article, Illustration
        Lock icon Jazz affair in Words & Music
        658 27  - Jazz affair in Words Music MUSIC By Cheah Ui-Hoon uihoon@sph.com.sg A NOVEL jazz musical production will open the National University of Singapore’s (NUS) Arts Festival this year one that will showcase original songs to jazz standards, and played by small ensembles to a full band of jazz musicians. Words Music:
        PHOTO: NUS ARTS FEST  -  658 words
      • Article, Illustration
        Lock icon Covers that raise the bar
        573 27  -  By Dylan Tan dylantan@sph.com.sg @DylanTanSYBT Diana Krall Wallflower NO stranger to covering other people’s music and making a career out of it by becoming the world’s best-selling female jazz artist of all time Diana Krall tackles a handful of easy-listening soft rock classics on her
        573 words
    • ARTS
      • Article, Illustration
        Lock icon En pointe on the silver screen
        446 28  -  Classics by the Paris Opera Ballet get a silver screen run in April. DANCE BY CHEAH UI-HOON uihoon@sph.com.sg IT'S not every week or month that we can watch a full fledged classical ballet performance in Singapore. In April, the classical footwork of the Paris
        PHOTOS: ESPLANADE  -  446 words
      • Article, Illustration
        Lock icon Costumes are roused in SDT’s Sleeping Beauty
        484 28  -  By Cheah Ui-Hoon uihoon@sph.com.sg WITH tutu bases that were created in Japan, and scenic cloths painted in Melbourne, the costumes and set for the Singapore Dance Theatre’s Sleeping Beauty which will open the company’s 2015 performance season are a reminder of just how
        PHOTOS: TRACY GRANT LORD, NICOLETHEN STUDIO  -  484 words
      • Article, Illustration
        Lock icon Streaming – and the new Normal
        636 28  - Streaming and the new Normal THEATRE By Helmi Yusof helmi@sph.com.sg @HelmiBT QUICK: Which school did you come from? Were you in the Normal or Express stream? Poly or JC? How many points did you score for O levels? Arts or Science? Local uni or foreign? US, UK or... Australian? Honours,
        PHOTO:JOEL LIM @ CALIBRE PICTURES  -  636 words
      • Article, Illustration
        Lock icon 60somethings bite back
        613 28  -  By Helmi Yusof helmi@sph.com.sg @HelmiBT CATHERINE Sng is 64 and not shy to declare: “I’m still having sex with my husband. In fact, it’s better now than ever because I don’t worry about getting pregnant. These days, we have as much sex as we want... Yes, I
        PHOTO: CALEB MING/SURROUND  -  613 words
    • CINEMA
      • Article, Illustration
        Lock icon 50 shades of a homegrown thriller
        732 29  -  Sam Loh, the director of local erotic thriller, Lan Tong, says he was ready to face the censors over the content of his movie. BY DYLAN TAN says movie.BY DYLAN TAN FORGET 50 Shades of Grey. Local erotic thriller Lan Tong (which means “good
        PHOTOS: MM2 ENTERTAINMENT, FILE  -  732 words
      • Article, Illustration
        Lock icon Gangsta robot in da ‘hood
        561 29  -  By Geoffrey Eu IF you put RoboCop (the 1987 original and its 2014 remake) and A.I. Artificial Intelligence (2001) into a blender, the result might be something like CHAPPiE, a movie in which a decommissioned robot police officer is brought back to life with the
        PHOTOS: SONY PICTURES  -  561 words
      • Article, Illustration
        Lock icon Music and melancholy
        476 29  -  By Geoffrey Eu FOLLOWING a spate of recent films about the ordinary lives of musicians and accompanied by a ready-to-download soundtrack, Song One comes across like one of the melancholy folk songs it features: moody, low-key and vaguely appealing. New York is a city with a vibrant
        PHOTO: SHAW MOVIES  -  476 words
  • Page 30 Advertisements
    • Advertisement
      Lock icon Page 30 Advertisements Column 1
      30 30 CINEMA Sam Loh, director of local erotic thriller, Lan Tong, was ready to face censorship 29 CITY LIFE BT writers’ picks of what to see, do or talk about /26
      30 words