The Business Times, 14 April 2015

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Microfilm: NL33463
Total Pages: 52
1 52 The Business Times
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  • 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 E ©BTBreakingnews CO REGN NO *****2868E MCI (P) 051/08/2014 Tuesday, April 14,2015
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  • DAILY DIGEST
    • Article
      Lock icon The World Bank
      31 1 has called on developing countries in East Asia and the Pacific to tap the opportunity offered by low oil prices to improve their fiscal position. TOP STORIES 2
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    • Article
      Lock icon Startupbootcamp FinTech
      15 1 unveiled the ten startups selected for its inaugural Singapore accelerator programme.TOP STORIES 4
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    • Article
      Lock icon Singapore business leaders
      29 1 are slightly less optimistic in their outlook on economic expansion, although they intend to invest more in new markets and technology, a survey shows.TOP STORIES 5
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    • Article
      Lock icon M1 reported a 6.6 per cent
      20 1 hike in net profit to S$45.7 million in its first quarter. COMPANIES MARKETS 7
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    • Article, Illustration
      Lock icon A rollback in
      37 1 expectations of a US rate hike, slowing loan growth and a potential lift in asset deterioration could give some pause to investors looking at the Singapore banking sector, says a report. COMPANIES MARKETS 9
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    • Article
      Lock icon Three local projects
      20 1 two residential, and one office residential, and one office development have experienced upbeat sales. REAL ESTATE 13
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    • Article
      Lock icon As deregulation drives a
      19 1 rally in China’s stocks, the bond market is crying out for funds. BANKING FINANCE 16
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    • Article
      Lock icon Hackers, most likely from China,
      23 1 have been spying on governments and businesses in South-east Asia and India for a decade, says FireEye. TECHNOLOGY/18
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    • Article
      Lock icon India’s retail inflation
      23 1 slowed, boosting possibility of a rate cut outside the review cycle for a third time this year. GOVT ECONOMY 20
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    • Article
      Lock icon Japanese and US
      24 1 officials will meet in a bid to strike a deal that would give momentum to the Trans-Pacific Partnership. GOVT ECONOMY 21
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  • Article, Illustration
    Lock icon S’pore businessman trips up Apple Watch launch
    648 1  -  William Leong is said to own the Apple Watch trademark in Switzerland By Chuang Peck Ming peckming@sph. com.sg @PeckmingBT Singapore THE Apple Watch is tipped to shake up the global watch industry when it is launched lat- er this month, but it is
    PHOTO: BLOOMBERG  -  648 words
  • Article
    Lock icon MARKETS
    26 1 Monday Change STI 3,484.39 +12.01 KL COMP 1,842.08 -2.23 NIKKEI 225 19,905.46 -2.17 HANG SENG 28,016.34 +743.95 SHENZHEN B 1,356.17 +83.01 Dow(11am EDT) 18,077.21 +19.56
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  • Article, Illustration
    Lock icon No immediate decision to demolish 38 Oxley Road: PM Lee
    921 1  -  By Lee U-Wen leeuwen@sph.com.sg @LeeUwenBT Singapore THERE is no need to decide on the future of the late Lee Kuan Yew’s home for the time being because his daughter, Wei Ling, will continue to live there. Revealing this in parliament
    PHOTO: MINISTRY OF COMMUNICATIONS AND INFORMATION  -  921 words
  • Page 1 Advertisements
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      Lock icon Page 1 Advertisements Column 1
      79 1 Hill 8 '*****1 *****4 GOING DIGITAL Taking the digital route to Singapore’s heritage SME 52 LKY MUSICAL Adrian Pang, Sharon Au as Mr Mrs Lee life CULTURE 51 INDONESIAN ASSETS Property prices, rents coming under pressure REAL ESTATE 14 TACKLING SECURITY CHALLENGES Interpol World 2015 PAGES 27-37 A £3 61
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  • TOP STORIES
    • Article, Illustration
      Lock icon East Asia must tap low oil prices to recast fiscal policy: World Bank
      628 2  -  Reforms can ensure sustainable growth, says report, which forecasts slower expansion in developing nations this year By Anthony Rowley btworld@sph.com.sg Tokyo THE World Bank has called on developing countries in East Asia and the Pacific to seize
      PHOTO: BLOOMBERG  -  628 words
    • Article
      Lock icon Disruption fears, Chinese stockpiling keeping oil prices off lows
      873 2  -  By Neil Behrmann btworld@sph.com.sg London MIDDLE EASTERN conflicts and China’s purchases for its strategic oil stockpile have so far defied bearish energy analyst and traders’ predictions. Chaos in the Middle East, especially Saudi Arabia’s bombing of Yemen on its southern borders,
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    • Article, Illustration
      Lock icon Enhanced rules to control drones
      452 2  -  PARLIAMENT By Nisha Ramchandani nishar@sph.com.sg @Nisha_BT Singapore ENHANCEMENTS are being made to the regulatory and permit framework for drones from June to curbs risks associated with their operations. “Today, unmanned aircraft are used for a range of purposes, such as the delivery of goods, aerial
      PHOTO: AFP  -  452 words
    • Article, Illustration
      Lock icon DBS chairman Peter Seah takes over NWC helm from Prof Lim Pin
      304 2 Singapore PETER Seah is taking over as chairman of the National Wages Council (NWC), succeeding Professor Lim Pin, who held the post from 2001 until last year. Mr Seah, chairman of DBS Group Holdings and DBS Bank, was
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    • Article
      Lock icon Bill on HDB officers’ powers, new penalties passed
      626 2  -  Officers will be able to enter flats by force; amount for lease infringements will be variable By Fiona Lam fionalam@sph.com.sg Singapore OFFICERS from the Housing and Development Board (HDB) will be able to enter flats by force, and flat owners who break
      626 words
    • Article, Illustration
      Lock icon UK accelerator unveils 10 startups for inaugural S’pore programme
      570 4  -  Four of those chosen by Startupbootcamp FinTech are based here; this is first fintech scheme in South-east Asia By Jacquelyn Cheok jaccheok@sph.com.sg @JacCheokBT Singapore BRITISH accelerator Startupbootcamp FinTech (SBC), which specialises in nurturing financial technology (fintech) firms, on Monday unveiled the
      FILE PHOTO  -  570 words
    • Article
      Lock icon Easy Taxi launches premium limo service
      520 4  -  By Jacquelyn Cheok jaccheok@sph.com.sg @JacCheokBT Singapore EASY Taxi on Monday launched Easy Taxi Premium in Singapore, joining rival taxi-booking platforms Uber and GrabTaxi in offering private hire limousines to commuters. Its six and seven-seater limousines private cars not marked as taxis are offered in
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    • Article, Illustration
      Lock icon Singapore firms to spend on expansion, IT: survey
      677 5  -  Despite reduced confidence in economy, they see exports contributing to growth and IT investment raising productivity By Elizabeth Mak eamak@sph.com.sg SINGAPORE business leaders are now slightly less optimistic in their outlook on economic expansion, although they intend to invest more in new
      PHOTO: REUTERS  -  677 words
    • Article
      Lock icon Leong Poh Kee, a low-key player in a glamorous trade
      449 5  -  By Chuang Peck Ming peckming@sph. com.sg @PeckmingBT THE name Leong Poh Kee is definitely unassuming in the world of luxury watches. The homegrown distributor of high-end timepieces has its headquarters in Beach Road, which does anything but call attention to
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  • Page 3 Advertisements
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      Lock icon Page 3 Advertisements Column 1
      78 3 20 years in Singapore. 210 years of independence, stability and a proven track record in wealth management. Asset Management Wealth Management Asset Services Pictet would like to thank clients and colleagues for a successful 20 years in Singapore. B II 'I x:-. nil i* u mux 4 ill CCT*: mi
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  • Page 4 Advertisements
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      Lock icon Page 4 Advertisements Column 1
      157 4 HOW TO ENSURE A HEALTHY HEART? ft -1 a z rtd M e -jtr i^Sk I d Av K J Join us in our Health Awareness Talk by Dr. Michael Lim, internationally renowned Interventional Cardiologist and Medical Director of Heart, Stroke Cancer Centre. Dr. Michael Lim is the author of
      157 words
    • Advertisement
      Lock icon Page 4 Advertisements Column 2
      17 4 Choose from Prime Stock Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Tenders Auctions Notices
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  • Page 5 Advertisements
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      Lock icon Page 5 Advertisements Column 1
      170 5 Spark off the perfect USA journey with ANA NEW HOUSTON LOS ANGELES NEW YORK SAN FRANCISCO SAN JOSE SEATTLE t* Is ir; V-;" v^ r S*-.: LV ,,v- t i? w; :l. i. ,T;i I jr ’’X S r> i A I.-' r irJ Jt j tV /i fi f
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  • Page 6 Advertisements
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      2370 6 AMARA HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Registration No. *****0732N) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Amara Ballroom 2, Level 3, Amara Singapore, 165 Tanjong Pagar Road, Singapore *****9 on Wednesday, 29 April
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  • COMPANIES & MARKETS
    • Article
      Lock icon M1 profit up 6.6% in Q1 with more customers
      539 7  -  Telco expects moderate growth for 2015 By Amit Roy Choudhury amit@sph.com.sg @AmitRoyCBT Singapore LOCAL telco M1 on Monday reported a 6.6 per cent hike in net profit to S$45.7 million in its first fiscal quarter for 2015, which ended on March
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    • Article
      Lock icon Keppel Reit Q1 DPU falls 13.7% y-o-y on Prudential Tower sale, lower rental support
      616 7  -  By Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore THE sale of Prudential Tower late last year and lower rental support in the first quarter led Keppel Reit to post a distribution per unit (DPU) of 1.70 Singapore cents
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    • Article
      Lock icon Keppel Infrastructure Trust posts 23% rise in Q1 earnings
      410 7  -  By Lynette Khoo lynkhoo@sph.com.sg @LynetteKhooBT Singapore KEPPEL Infrastructure Trust (KIT) reported a 23.1 per cent rise in earnings for the first quarter ended March 31 to S$4.3 million as lower electricity and trust expenses outweighed the dip in revenue. Group revenue
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    • Article
      Lock icon SPH Reit’s Q2 DPU up 0.7% at 1.4 S’pore cents
      505 8  -  Gross revenue rises 2.8% to S$52.5m; net property income 3.7% higher at S$40.3m By Kenneth Lim kenlim@sph.com.sg @KennethLimBT Singapore SPH Reit raised its distribution per unit by 0.7 per cent to 1.4 Singapore cents for its second fiscal quarter as
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    • Article
      Lock icon AXA to sell general insurance at 34 SingPost branches
      404 8  -  By Elizabeth Mak eamak@sph.com.sg Singapore SINGPOST and insurance company AXA announced on Monday that their partnership, AXA@POST, will now allow customers to purchase general insurance at 34 post offices across the island. This is in addition to the life insurance options
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    • Article
      Lock icon Lian Beng’s Q3 net profit down 45.4%
      292 8  -  By Mindy Tan tanmindy@sph.com.sg @MindyTanBT Singapore LIAN BENG Group’s net profit for the third quarter ended February fell 45.4 per cent, from S$33.7 million to S$18.4 million on the back of revenue falling 17.3 per cent from S$244.5 million to S$202.3 million. For
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    • Article
      Lock icon Banking stocks set to be range-bound: JPMorgan
      484 9  -  Delay in Fed rate hike, slowing loan growth seen impacting Singapore lenders By Jamie Lee leejamie@sph.com.sg @JamieLeeBT Singapore A ROLL-BACK in expectations of a hike in rates by the US Federal Reserve, slowing loan growth and a potential lift in asset deterioration could
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    • Article
      Lock icon Ascott’s Citadines to open in Vietnam, Malaysia and UAE
      286 9  -  By Jamie Lee leejamie@sph.com.sg @JamieLeeBT Singapore THE Ascott Limited on Monday said it has secured contracts to manage its first Citadines Apart’hotels in Vietnam, Malaysia and the United Arab Emirates (UAE) by 2018. This comes as the Citadines Apart’hotels portfolio of
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    • CORPORATE DIGEST
      • Article
        Lock icon PEC
        64 9 ENGINEERING specialist PEC has been awarded a new contract worth S$176 million from a new client in Abu Dhabi. The group will provide engineering, procurement and construction (EPC) works for a new oil storage terminal in Fujairah, United Arab Emirates (UAE). The project is expected to be completed by
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      • Article
        Lock icon Global Logistic Properties
        57 9 GLOBAL Logistic Properties (GLP) has acquired a land parcel in Cajamar, Sao Paulo. The development site is fully permitted and expected to provide 818,000 sq ft of logistics space upon its completion by March 2016 (Q4 FY2016). GLP Cajamar will complement GLP’s existing stabilised logistics portfolio in
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      • Article
        Lock icon Tat Hong Holdings
        63 9 TAT HONG Holdings’s Tat Hong Plant Hire is selling its Shah Alam property to Hiro Food Packages Manufacturing for a total a cash consideration of RM$17.5 million (S$6.5 million). The Shah Alam Property has a net book value of RM6.1 million as at March 31, 2015, and
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      • Article
        Lock icon OKP Holdings
        85 9 OKP Holding’s wholly owned subsidiary Eng Lam Contractors has been awarded a S$20.38 million contract from JTC Corporation for the construction of roads, drains, sewers and soil improvement works at Tuas South Avenue 7/14. The works will commence on April 20, 2015, and has two phases, with the
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      • Article
        Lock icon Blumont Group
        99 9 BLUMONT Group on Monday announced a series of adjustment and reclassifications to its preliminary FY2014 results announcement, as made by its auditors Mssrs Moore Stephens LLP. The adjustments and reclassifications resulted in a decrease of S$26.22 million to the net assets of the group as at Dec 31,
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    • Article, Illustration
      Lock icon STI / Catalist
      63 10 STI Catalist Straits Times Index April 13,2015 3,484.39 +12.01 (+0.35%) Current streak 2 days Day high 3,493.62 Day low 3,475.14 52-week high 3,484.39 (Apr 13, 2015) 52-week low 3,154.21 (Oct 16, 2014) FTSE ST Catalist index April 13,2015 760.64 +15.17 (+2.03%) Current streak 7 days Day high 762.89 Day low
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    • Article, Illustration
      Lock icon STI at 7-year high but penny stocks rule again
      708 10  -  SGX shoots up 2.3% after Macquarie Equities Research mooted Singapore-China stock connect possibility STOCKS By R Sivanithy sivan@sph.com.sg @RSivanithyBT THE Straits Times Index may have risen 12.01 to 3,484.39 on Monday, its highest closing in slightly more than seven years but
      Source: Bloomberg  -  708 words
    • Article
      Lock icon STI STOCKS
      319 10 Stock name Close Change Day high/low 52w high 52w low PE Div yield Mcap Ascendas Reit 263 -3 267/262 269 219 5.4 6649.6 CapitaLand 361 cd unch 365/361 371 293 13.2 2.5 *****.5 CapitaMall Trust 222 unch 226/221 228 188.5 4.9 7701.2 CityDev 1060 cd -22 1082/1060 1118
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    • Article
      Lock icon MOST ACTIVE
      34 10 VOLUME Digiland Intl 296,802,600 Blumont 99,916,900 CNA 97,638,800 Vallianz 96,791,900 Charisma Energy 96,083,800 Market volume 3,521,728,000 VALUE SGX 76,956,561 Singtel 67,356,974 Keppel Corp 60,993,966 Ezion 45,360,580 DBS Grp 44,202,987 Market value 1,320,152,000
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    • Article
      Lock icon SGX ETFs Most Active
      111 10 Fund Last sale +/-(‘000) Day high/low 52w high/low Buy/Sell Mcap STI ETF 348 +1 326 349/347 349/319 348/349 UETF SSE50China 285 +4 221 287/281 287/140 285/287 89.1 ABF SG Bond ETF 110.2 -5.3 113 115.8/110.2 123.5/110.2 115/115.8 503 Nikko AM STI ETF 353 +1 100 353/352
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    • Article
      Lock icon OTHER SINGAPORE INDICES
      77 10 Apr 13 VALUE CLOSE BT OB/OS 593.00 -3.00 BT CADI -*****.00 +110.00 BT 10-day MA -*****.00 +60.00 FTSE ST Mid Cap 797.93 +2.54 FTSE ST Small Cap 499.27 +1.19 FTSE ST All Share 836.42 +2.79 FTSE ST China Top 204.85 +2.24 FTSE ST China 240.25 +0.93 FTSE
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    • Article, Illustration
      Lock icon STI / FTSE ST All-Share
      35 10 STI FTSE ST All-Share ftse ST All-Share index April 13,2015 836.42 +2.79 (+0.33%) Current streak 3 days Day high 838.23 Day low 834.55 52-week high 836.42 (Apr 13, 2015) 52-week low 762.71 (Oct 16, 2014)
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    • Article, Illustration
      Lock icon STI / MSCI EAFE
      33 10 STI MSCI EAFE MSCI EAFE Index April 10,2015 1,901.28 +5.53 (+0.29%) Current streak 2 days Day high 1,901.28 Day low 1,889.12 52-week high 1,995.49 (July 3, 2014) 52-week low 1,697.01 (Jan 7, 2015)
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    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 10 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 7 4 5 0 0 0 7 4 5 Manufacturing 77 36 28 13 6 8 90 42 36 Commerce 23 19 20 7 5 4 30 24 24 Tpt/Stor/Comms 26 11 3
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      123 10 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 33,898 33,898 109,971 109,971 Manufacturing 528,760 230,208 758,968 137,347 9,422 146,769 Commerce 434,430 281,092 715,522 104,154 10,476 114,631 Tpt/Stor/Comms 170,271 6,390 176,661 172,453 629 173,082 Finance 37,572 53 37,625 194,378 14 194,392 Construction 173,263 105,853
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    • Article
      Lock icon GAINERS
      77 10 BY CENTS CLOSE UP 52w high/low DBXT iBoxxSing SG$ ***** 232.0 1.8 *****/***** DBXT China50 US$ 4148 167.3 3.0 4148/2699 Lyxor ChinaH US$ 1993 94.6 3.6 2000/1280 Lyxor MS India US$ 1800 68.6 2.9 1840/1408 DBXT Vietnam US$ 2455 63.1 1.9 3100/2338 BY PERCENTAGE CLOSE UP 52w high/low China
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    • Article
      Lock icon LOSERS
      72 10 BY CENTS CLOSE DOWN 52w high/low JSH USD 3505 -61.7 -1.3 3810/3233 Sarie Tech 194 -61.0 -23.9 325/188 GLD US$ ***** -24.7 -0.2 *****/***** CityDev 1060 -22.0 -2.0 1118/915 DBXT MSINDO us$ 1465 -20.6 -1.0 1542/1324 BY PERCENTAGE CLOSE DOWN 52w high/low Innopac W*****0 0.1 -50.0 -0.1 0.3/0.1 TIH
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    • Article
      Lock icon UNUSUAL ACTIVITY
      79 10 VOL CLOSE($) CHANGE 3Cnergy 2.1 0.350 +0.100 +40.00 LH 67,575.6 0.007 +0.002 +40.00 Advanced Systems 31,661.5 0.010 +0.002 +25.00 CNA 97,638.8 0.042 +0.014 +50.00 ISR Capital 1,295.0 0.027 +0.005 +22.73 LifeBrandz 15,961.4 0.004 +0.001 +33.33 Qingmei 3,556.9 0.011 +0.003 +37.50 Lereno Bio-Chem 5,122.1 0.004 +0.001 +33.33 Sarine Tech
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    • BROKERS’ TAKE
      • Article
        Lock icon Aviation sector
        153 10 underweight OCBC Investment Research, April 13 THE recently surfaced safety concerns over Thailand’s aviation industry resulted from issues found through the audit conducted by United Nation’s International Civil Aviation Organisation (ICAO). The unsatisfactory audit result triggered responses, including bans on new charter flights and additional ramp inspections by
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      • Article
        Lock icon GuocoLelsure
        99 10 Buy April 13 close: S$0.965 Target price: S$1.13 UOB Kay Hian, April 13 Buy with a target price of S$1.13, placing stops at S$0.87. The stock looks poised to break out of the S$0.90-to-S$0.97 consolidation range and appears to have formed a higher low with reference to Dec 17,
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      • Article
        Lock icon Cina everbright water
        163 10  -  Compiled by Claire Huang Buy April 13 close: S$1.04 Target price: S$1.17 May bank Kim Eng, April 13 Water plants in Suzhou and Jinan impressed us during a recent visit. Good plant management, strong market positioning in Shandong, China. With the adoption of public-private partnerships, the company
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    • Article
      Lock icon CALENDAR
      9 10 DATA I April 14 Singapore Advance GDP Estimates
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    • Article
      Lock icon Euro tumbles back towards US$1.05
      399 11 CURRENCIES REUTERS London THE euro tumbled back towards US$1.05 on Monday, hitting its weakest in four weeks as the US dollar’s resurgence continued on bets the US Federal Reserve will raise interest rates from their historic lows in the coming months. The biggest mover among
      REUTERS  -  399 words
    • FOREX RATES
      • Article
        Lock icon INTERBANK CROSS RATES
        471 11 Apr 13 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.956 4.707 0.717 5.869 47.251 98.249 0.914 8.343 2.808 1.017 77.107 33.823 1.038 9.180 0.745 23.686 24.701 0.519 0.757 Canada 1.045 4.921
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      • Article, Illustration
        Lock icon HANG SENG
        2 11
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      • Article, Illustration
        Lock icon NIKKEI
        1 11
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      • Article, Illustration
        Lock icon SHANGHAI COMPOSITE
        2 11
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      • Article, Illustration
        Lock icon DOW JONES
        2 11
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      • Article
        Lock icon INTERBANK CURRENCY RATES
        155 11 Apr 13 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.0381 1.0386 0.7572 0.7573 Canadian dollar 1.0852 1.0861 0.7919 0.7915 Euro 1.4474 1.4482 1.0557 1.0559 NZ dollar 1.0206 1.0216 0.7444 0.7449 Sterling pound 2.0000 2.0013 1.4588 1.4592
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      • Article
        Lock icon US$/S$ FORWARD RATES
        22 11 Apr 13 S$ Bid Offer 1-month 1.3718 1.3726 2-months 1.3723 1.3732 3-months 1.3735 1.3745 6-months 1.3751 1.3760 Source: OCBC
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    • EQUITY BONDS WARRANTS FUTURES
      • Article
        Lock icon SGX DERIVATIVES TRADING
        392 11 Apr 13 OPEN HIGH LOW SETT VOL OP/INT FTSE CHINA A50 INDEX FUTURES SPOT *****.09 *****.38 *****.09 Apr15 *****.00 *****.50 *****.00 *****.00 *****7 *****0 May15 *****.00 *****.50 *****.00 *****.50 ***** ***** NIKKEI 225 INDEX FUTURES SPOT *****.38 *****.66 *****.69 Jun15 *****.00 *****.00 *****.00 *****.00 ***** *****4 Sep15
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      • Article
        Lock icon BONDS, WARRANTS, PREFERENCE SHARES Most active
        204 11 Apr 13 Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Rowsley Ltd W*****3 3.6 0.3 ***** 1 18 18 UOB MB eCW*****1 10.9 0.3 4470 0.1 2380 3 Singapore ExchangeMBeCW*****3 16.3 1.5 3915 0.2 790 4 DBS
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      • Article
        Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
        373 11 In local curr In S$ In US$ dy yr dy yr dy yr Apr 10 Index Change Change Change Change Change Change World Preliminary 1364.2 0.5 6.9 1.0 7.2 0.4 4.1 EAFE Preliminary 1125.6 0.6 14.1 0.8 10.4 0.3 7.1 Europe Preliminary 1593.0 0.9 15.3
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    • BANK RATES
      • Article
        Lock icon INTERBANK RATES
        154 11 Apr 13 $S Offer Bid 0vernight 0.05 Par 1-month 0.875 0.75 2-months 0.9375 0.8125 3-months 1.0625 0.97 Overnight mode: 0.15 US$ 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 0.60 0.40 9 months 0.70 0.50 12
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      • Article
        Lock icon SIBOR
        36 11 Apr 13 1 mth 1 mth 0.***** 2 mths 3 mths 1.***** 6 mths 1.***** 9 mths 12 mths 1.***** SWAP Offer rates 1 mth 0.***** 3 mths 0.***** 6 mths 1.***** Source: Thomson Reuters
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      • Article
        Lock icon GOVERNMENT SECURITIES
        65 11 Apr 13 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0Z 2.375 01-Apr-17 102.79 102.88 102.82 5-Year N*****0H 1.625 01-Oct-19 100.55 10-Year NY*****H 3.000 01-Sep-24 108.04 108.35 108.05 15-Year NY*****E 2.875 01-Jul-29 106.16 106.20 106.20 20-Year NZ*****V 3.375 01-Sep-33 111.72 30-Year NA*****N
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    • AGRI METALS ENERGY
      • Article
        Lock icon COMMODITY FUTURES
        246 11 Apr-10 Price Net change change Last Trade Agricultural Apr-10 CBOT Soybeans (US cents/bu) 951.50 -2.00 -0.21% 14/05/2015 CBOT Soybean Oil (US cents/lb) 31.09 0.25 0.81% 14/05/2015 CBOT Wheat (US cents/bu) 526.50 7.75 1.49% 14/05/2014 Apr-10 LIFFE Cocoa (£/tonne) 1940.00 -7.00 -0.36% 13/05/2015 LIFFE Coffee (US$/tonne) 1813.00 22.00 1.23%
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  • Page 7 Advertisements
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      Lock icon Page 7 Advertisements Column 1
      60 7 (USD million) Net Profit US$735 million up by 10.1% on March 2014 735 668 587 551 469 348 March March March March March March 2010 2011 2012 2013 2014 2015 Total Assets US$137.8 billion up by 9.4% on March 2014 137.8 125.9 104.4 85.5 66.7 50.3 March March March March
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  • Page 8 Advertisements
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      Lock icon Page 8 Advertisements Column 1
      2663 8 )//='$?\}~&*[!|%*<(!:>:@?:/+@"~ THAKRAL CORPORATION LTD (Incorporated in Singapore) (Company Registration No. *****6606E) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN THAT an Extraordinary General Meeting (“EGM”) of Thakral Corporation Ltd (the “Company”) will be held at Cinnamon Room, Level 5, Novotel Singapore Clarke Quay, 177A River Valley Road, Singapore *****1
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  • Page 9 Advertisements
    • Advertisement
      Lock icon Page 9 Advertisements Column 1
      66 9 At StrategiCom, we believe that differentiation sustains value. Building a differentiated company is what we do with every client. The successful listing of LHN Group on SGX is a manifestation of our raison dʼetre. Today, LHN Group is set for the global stage. LHN Space Optimisation. Mr. Kelvin Lim Executive
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  • REAL ESTATE
    • Article, Illustration
      Lock icon Ong Choon Fah named CEO at DTZ Southeast Asia
      807 12  -  She will succeed Ho Tian Lam, who is retiring but will remain as senior advisor By Kalpana Rashiwala kalpana@sph.com.sg @KalpanaBT Singapore ONG Choon Fah will be the chief executive officer of DTZ Southeast Asia from May 15; she succeeds Ho Tian
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      594 13  -  More than 60 out of 100 strata office units sold at GSH Plaza, while North Park and Botanique at Bartley see steady sales B y Prisca Ang prisang@sph.com.sg Singapore THREE local projects two residential, and one office development have experienced upbeat sales
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      505 13 BLOOMBERG Hong Kong KAISA Group Holdings founder Kwok Ying Shing has returned to helm the troubled Chinese developer three months after he resigned amid a corruption probe. Mr Kwok, who had resigned on Dec 31, has been appointed chairman and
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      Lock icon European banks seen selling 70b euros of property debt
      244 13 BLOOMBERG London EUROPEAN banks and asset managers will sell as much as 70 billion euros (S$101.4 billion) of real estate debt and foreclosed assets this year as they continue to strengthen their balance sheets. More than 12 billion euros of property
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      665 14  -  Luxury tax to be levied on most new apartments; Jakarta to get an estimated 1m sq m of prime office space By Jeffrey Hutton btworld@sph.com.sg Jakarta PLANS to expand a luxury tax on new apartments in Indonesia and a flood of office
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      1288 15  -  The GE deal crystallises what many analysts have come to believe of Blackstone: the really big money is being made in real estate. BY LANDON THOMAS JR NYT AS Blackstone’s top executives fan out across the globe, pitching their services at elite gatherings of investors,
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      476 12 KnightFrank.com.sg LAND AT CHANCERY HILL I SUBJECT PROPERTY C/ >ancery Lane A mutivtp IIJ fiD Land Area Approx. 12,800 sq ft, Freehold I 2-storey bungalow with extensive grounds Zoned Residential 2-sty Mixed Landed Ideal for A&A or redevelopment Close proximity to Novena shopping a rea MR! Station EXPRESSION OF INTEREST
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      74 12 Paya Ubi Industrial Park SALE $350psf ONWARDS 5,000 to 7,500 sq ft Own parking space (not inclusive in listed area) Tel:9090 2222 53 Ubi Avenue 1 #01-11 Light Industrial off Paya Lebar For Lease Excellent location Bare/Fitted Mins walk to MRT Surrounded with lifestyle amenities Good specifications building Corporate image
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      120 12 RAMP-UP INDUSTRIAL UNITS IN UBI Unit sizes ranges from 2,024 to 2,842 sqft. Total strata area 15,726 sf Ceiling Height of 5.3 metre Floor Loading of 12.5 kN/m2 Single or multiple unit purchase Tender Closing: 28 April 2015, Tuesday, 3pm For Further Information, Please Call: CLEMENCE LEE 9724 2939 CEA
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      421 13 t e c Li f n« 1 < 1 I m s>6 I HU I m Ji i- -n as' i nl< Ji 1 I ft 1 u wv /V North I West Village at Wembley Park enerated image EXHIBITION LAUNCH Saturday 18 th Sunday 19 th April 2015,1 lam
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      3422 14 The Business Times Ik ~T I 1 I /"I I 1 Toll free 1800-289-8822 I I Email notices@sph.com.sg I V i www.sphclass.com.sg/notices THAKRAL CORPORATION LTD (Company Registration No. *****6606E) (Incorporated in the Republic of Singapore with Limited Liability) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Twenty-Second
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      171 15 'Am gi i iM MBFC TOWER 2 PSA BUILDING SIX BATTERY RD Bi' SUNTEC TOWER 3 1 THE METROPOLIS SINGAPORE’S FINEST SERVICED OFFICES Fully furnished prestigious offices Business registration offices available Dedicated receptionist answering your calls the way you would like Meeting rooms, bilingual secretaries Global IT infrastructure 5 days
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      1575 15 GEO ENERGY RESOURCES LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****1034Z) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Bridge Room, Raffles Marina, 10 Tuas West Drive, Singapore *****4, on Wednesday, 29 April 2015
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  • BANKING & FINANCE
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      Lock icon Iceland to levy a ‘stability tax’ on failed banks
      165 16 BLOOMBERG Reykjavik ICELAND is planning to move forward with removing capital controls and imposing a “stability tax” on the estates of its failed banks as early as June, Prime Minister Sigmundur David Gunnlaugsson said on Saturday. Creditors that lost much of
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      Lock icon Wanted: Global buyers for China’s 1.6 trillion yuan muni bond flood
      857 16 The securities regulator is studying improvements to programmes allowing overseas access to domestic markets to attract more funds BLOOMBERG Beijing AS deregulation drives a world-beat-ing rally in China’s stocks, the bond market is crying out for funds. The government’s
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      Lock icon China rejects Taiwan as founding member of AIIB
      371 16 REUTERS Beijing TAIWAN is not able to become a founding member of the Beijing-led Asian Infrastructure Investment Bank (AIIB) but is still welcome to become an ordinary member in the future, the Chinese government said on Monday. In a statement carried by
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      Lock icon Seoul bourse urged to extend trading to overlap region
      234 16 REUTERS Seoul TRADING hours at the South Korean stock market should be extended by an hour at least so that they overlap with other regional markets to encourage more foreign investment, the head of the Korea Financial Investment Association (Kofia) said.
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      2807 16 The Business Times Ik ~T I 1 I f I 1 Toll free 1800-289-8822 I I I Email notices@sph.com. sg I V j k J www.sphclass.com.sg/notices IS ION Group Ltd. £;¥ii®llllllPR£5] VASHION GROUP LTD. (Incorporated in the Republic of Singapore) Registration No. *****6220H NOTICE OF ANNUAL GENERAL MEETING NOTICE IS
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  • ENERGY & COMMODITIES
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      Lock icon Pertamina takes hit on fuel cost as oil prices rise
      713 17 Current petrol retail price of 7,300 rupiah a litre is 600 rupiah less than break-even price for state oil firm; it is keen for a change in situation BLOOMBERG Jakarta REBOUNDING crude prices and a weakening rupiah are testing Indonesia’s
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      3270 17 The Business Times Ik 1 ✓"’1 I 1 Toll free 1800-289-8822 I Email noticesasph.com. sg J V I www.sphclass.com.sg/notices ZIWO HOLDINGS LTD. (Company Registration No. *****0853Z) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Ziwo Holdings Ltd.
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  • TECHNOLOGY
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      Lock icon Chinese hackers may have spied on S-E Asia, India since 2005
      550 18 FireEye: Operations focused on govt, commercial targets who hold key political, economic and military info about region REUTERS London HACKERS, most likely from China, have been spying on governments and businesses in South-east Asia and India uninterrupted for a
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      Lock icon IFCA’s software stock up 1,300% over the past year
      364 18 BLOOMBERG Kuala Lumpur FORGET Silicon Valley, Tel Aviv and Bangalore. To find the world’s top-per-forming software company, head to Kuala Lumpur. It’s where shares of IFCA MSC Bhd, a maker of cloudbased software for property companies, have jumped 14-fold over the
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      3275 18 The Business Times Ik I 1 I /“I I 1 Toll free 1800-289-8822 I I Email notices@sph.com.sg J J i j L J www.sphclass.com.sg/notices CHASWOOD RESOURCES HOLDINGS LTD (Company Registration No.: *****1894D) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Annual
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  • CONSUMER
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      Lock icon Home service industry among last pots of gold on Internet
      936 19 Estimated US$400-800b market connects consumers with vetted service providers through online shops NYT New York THE installation of Deborah David’s new kitchen faucet was a US$180 job. But it lies at the heart of an expanding US$400 billion commercial war.
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      Lock icon Groupon may divest 4 businesses: analyst
      224 19 BLOOMBERG Portland GROUPON Inc could divest four businesses in the next two years, netting as much as US$730 million, to raise cash as it expands into an e-commerce marketplace, according to Gene Munster, an analyst at Piper Jaffray Cos. Groupon has a market value
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      2968 19 The Business Times Ik IT I 1 Toll free 1800-289-8822 I I M Email notices@sph.com.sg M V i B j ij www.sphclass.com.sg/notices ROWSLEY LTD. (Company Registration Number: *****8381D) (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an extraordinary general meeting (“EGM”) of
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  • GOVERNMENT & ECONOMY
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      Lock icon Malaysians confused over whether GST replaces service charge
      606 20  -  Some refuse to pay the charge amid chaos over govt’s move to allow only some F&B places to levy it By Pauline Ng btwporld@sph.com.sg Kuala Lumpur MALAYSIA’S hospitality industry has been thrown into disarray over whether consumers should continue to pay a
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      Lock icon India CPI eases, rate cut expected
      549 20 BLOOMBERG New Delhi INDIA’s retail inflation unexpectedly slowed despite crop damage from unseasonal rains, boosting the possibility that central bank governor Raghuram Rajan will cut rates outside the review cycle for a third time this year. Consumer prices rose 5.17 per cent in March
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      Lock icon S&P: India’s fiscal improvements vulnerable to shocks
      316 20 REUTERS Mumbai INDIA’s hard-won fiscal improvements could fail to withstand an external shock, rating agency Standard and Poor’s warned on Monday, given “less than rock solid” public finances that remain a concern for its sovereign rating profile. “While the country’s budgetary performances have
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      Lock icon Opportunities improving for US graduates: report
      260 20 BLOOMBERG Washington MOUNTAINS of student debt, flattening wages, and a tough job market have made many people question whether ever-pricey college degrees still lead to good jobs. The answer is yes: job opportunities for college-educated workers have never been greater, according to a new
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      Lock icon Japan, US aim for TPP progress before summit
      448 21 Success, however, depends heavily on whether the US Congress will approve measures to ease passage of trade deals, or TPA, say Japanese officials REUTERS Tokyo JAPANESE and US officials will meet from Wednesday in a bid to strike a two-way deal that
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      Lock icon China March exports in shock 15% fall
      618 22 Tumble could heighten worries about how rising yuan has hurt demand for Chinese goods, services abroad: analysts REUTERS Beijing CHINA’S export sales contracted 15 per cent in March while import shipments fell at their sharpest rate since the 2009 global financial crisis, a
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    • Article
      Lock icon New varsity index takes in Japan’s hidden inflation
      273 22 BLOOMBERG Tokyo IF the Bank of Japan’s core price gauge is anything to go by, inflation has all but disappeared. Try telling that to anyone who pays the bills. The general public thinks the cost of living is rising more than twice
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      Lock icon Economy mproving region by region: BOJ
      208 22 REUTERS Tokyo THE Bank of Japan (BOJ) raised its economic assessment for three of Japan’s nine regions in a quarterly report on Monday, signalling that the benefits of its stimulus programme was broadening. The central bank kept intact its optimistic assessment for the remaining
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      Lock icon Former Indian finance minister calls for rate cut
      685 23 Growth has recovered and govt must make sure recovery is sustained: Chidambaram BLOOMBERG Singapore INDIA’S former Finance Minister Palaniappan Chidambaram has joined his successor in advocating lower interest rates, while stopping short of endorsing the current administration’s budget. “I would like interest
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      Lock icon Top forecaster sees RBA cutting rate to 2%
      526 23 BLOOMBERG Sydney THE Reserve Bank of Australia recognises the limits of in-terest-rate cuts and has in mind a level it doesn’t want to go below, according to Nomura Holdings Inc’s Andrew Ticehurst, who correctly predicted every call this year. Mr Ticehurst, one
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      2557 20 THE BUSINESS TIMES Ik I 1 I f 'I I 1 Toll free 1800-289-8822 I I I Email notices@sph.com. sg I Y i I www.sphclass.com.sg/notices DELONG HOLDINGS DELONG HOLDINGS LIMITED (Company Registration. No. *****5215G) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that
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      23 21 The Business Times Ik I 1 I /"I I 1 Toll free 1800-289-8822 I I Email notices;asph.com.sg J j j l m www.sphclass.com.sg/notices ?,=[>}<$*$}}-]^<`'\;}?!'`*%!{"{
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      2248 21 NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Twenty-Ninth Annual General Meeting of SAPPHIRE CORPORATION LIMITED will be held at 55 Market Street, #03-01, Singapore *****1 on Wednesday, 29 April 2015 at 11.00 a.m. for the following purposes: AS ORDINARY BUSINESS 1. To receive and adopt the
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      2693 22 The Business Times Ik 1 f 1 Toll free 1800-289-8822 I I Email notices@sph.com.sg i j L J www.sphclass.com.sg/notices aUti ASTI HOLDINGS LIMITED (Company Registration No. *****1514C) (Incorporated in the Republic of Singapore with limited liability) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting
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      30 22 巴奖鼓励 More news.omy.sg Retail sales may fall close to 6% as HK tightens visit scheme for mainlanders close to -!,1+3.$’ To subscribe, call 6388-3838 or go to sphsubscription.com.sg
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      2094 23 The Business Times jk I 1 I f 1 I 1 P Toll free 1800-289-8822 I I Email notices@sph.com.sg J B j B j il www.sphclass.com.sg/notices Blow your own trumpet Buy new musical instruments or put up your old ones for sale in CLASS 72 To advertise, call the Print
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      5878 24 8TELECOM INTERNATIONAL HOLDINGS CO. LTD. (Company Registration Number: *****) (Incorporated in Bermuda) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Meeting Room 306, SUNTEC SINGAPORE Convention Exhibition Centre,1 Raffles Boulevard, Singapore *****3 on Wednesday 29 April 2015
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      48 26 Sjc 20 IV* r y' T C Ti-.. "vT^N. I i .^L.W ■kl el: ■> Li, J ‘W-’T-kJ u g*JU i A X 'I m. rL i a* m u .A 31 ■M k! K1 i L«>1^ <fco ■i kS by Noah W. apple.com/sg/worldgallery Shot on iPhone 6 i
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  • THE BUSINESS TIMES INTERPOL WORLD 2015
    • Article, Illustration
      Lock icon Tackling security challenges
      467 27  -  by Francis Kan G OVERNMENTS and private sector organisations around the world are looking to develop new innovative solutions to tackle increasingly complex security risks, ranging from cyber attacks to illicit trade. Against this backdrop, a new global event being held in Singapore will offer world leaders,
      PHOTO: FREEIMAGES  -  467 words
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      Lock icon Keeping cyber security threats at bay
      995 28  -  Companies should integrate both their security and IT infrastructure to better cope with cyber attacks. BY AJ LEOW BY AJ LEOW THE cyber security threat landscape is evolving at a faster rate due to the rapid pace of technological changes and the breaking down
      995 words
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      Lock icon Crossing borders quickly and safely
      850 30  -  Government agencies are employing new solutions to balance the need for both speed and security in cross-border movement.BY movement.BY FRANCIS KAN AS BARRIERS to trade continue to tumble and the flow of people and goods across borders quickens, governments are looking to smoothen the process
      850 words
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      Lock icon Benefits of Integrated Border Management
      115 30 Source: Frost Sullivan IMPLEMENTATION of Integrated Border Management (IBM) can take place at land, air and sea border crossings, and apply to optimising the management of personnel and goods. There are several key benefits in implementing IBM: ISimplified and harmonised procedures. Companies and businesses will
      Source: Frost & Sullivan  -  115 words
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      Lock icon Securing the supply lines
      985 32  -  Companies are fighting back against illegal trade by securing their sprawling supply chains with new technologies. BY FRANCIS KAN technologies.BY FRANCIS KAN THE increasing complexity of global supply chains has made it harder to prevent illicit trade in industries ranging from pharmaceuticals to auto parts, but
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      Lock icon Making sure the streets are safe
      773 33  -  New technologies are helping governments craft a more effective response to security risks in an urban landscape.BY landscape.BY FRANCIS KAN AS URBAN populations continue to grow at a dramatic rate, governments around the world are turning to increasingly high-tech solutions to cope with the
      773 words
    • Article
      Lock icon The safe city concept
      157 33 Source: Frost Sullivan A SAFE city can be defined as a city that enhances public security by deploying networked security sensors and systems across several stakeholders to optimise the necessary response from detection to action. The safe city concept includes five interconnected ideas: 1. Integrated systems:
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      Lock icon Homegrown security innovators
      1590 34  -  Three local SMEs are leading the way in developing security related technologies for organisations both in Singapore and overseas. BY AJ LEOW overseas.BY AJ LEOW V3 TELETECH KEEPING TRACK OF FLEETS, STAFF V3 Teletech was founded in 2002 by a couple of individuals with engineering, logistics and
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      Lock icon High tech back-up for the police
      859 36  -  Interpol is boosting its presence in Asia to help police fight more sophisticated crime. BY FRANCIS KAN crime.BY FRANCIS KAN RESEARCHERS from international police organisation Interpol recently detected a vulnerable space in virtual currency transactions that would allow illegal data such as child abuse
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      Lock icon Global security firms strut their stuff
      1245 37  -  A wide range of international companies are showcasing their cutting-edge products and services at Interpol World 2015.BY 2015.BY AJ LEOW AWARE INC (US) BASED in Bedford, Massachusetts, Nasdaq-listed Aware is a leading provider of biometrics software products and development services to government agencies and
      PHOTO: AFP; PICTURE: FREEIMAGES  -  1,245 words
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      198 27 inside Keeping cyber security threats at bay 28 Crossing borders quickly and safely 30 Securing the supply lines 32 Making sure the streets are safe 33 Homegrown security innovators 34-35 High tech back-up for the police 36 Global security firms strut their stuff 37 Volkswagen is proud to be the
      198 words
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      89 28 /INTERPOL WORLD 201 5 www.interpol-world.com 14-16 APRIL 2015 Sands Expo Convention Centre, Singapore Your Sourcing Platform for Innovative Solutions to meet your Security Challenges CYBERSECURITY SAFE CITIES ItfjU BORDER MANAGEMENT SUPPLY CHAIN SECURITY STRATEGIC PARTNERS OF INTERPOL WORLD DIGITAL CODING TRACKING ASSOCIATION Entrust Datacard Trusted Identities I Secure Transactions Microsoft
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      263 29 Singtel Let's make everyday better Ones making IT happen US Si PI LH14 th -16 th April 2015 9.30am -5.30pm Level 1, Sands Expo Convention Centre Singapore 10 Bayfront Avenue Booth LI -G14 9 Administrator <o>: Password ft 9 0 X X V > X V Your Gateway to a
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      189 30 I NT E /INTER POL WORLD 2015 14- 16 APRIL 2015 Sands Expo Convention Centre Stngcpore www.mterpol-world.oom Visit the Singapore Pavilion for Infocomm Security Solutions M Check Point' SOFTWARE TECHNOLOGIES LTD. v3 www.checkpomt.com Booth: L1-E26 clearmanage www.v3teletech.com Booth: LI -E02 ESP www.clearmanage.com Booth: 11-E06 www.simulation.com.sg Booth:L1-F21 www.theespgroup.com Booth: L1-F27 <4
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      329 32 ONEBERRY Innovative Solutions Emerging f FINALIST ONEBERRY MOBILE SURVEILLANCE SOLUTIONS High-res mega pixel cameras. Up to 1 month autonomous power. 100% reliable, portable plug b play solution. MOBI-CAM FUEL CELL GENERATOR MOBILE POWER UME2400 ONEBERRY MOBI-CAM is a mobile surveillance solution that can run autonomously without tapping on the grid
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      128 33 Con vergence of WtMSrUMTTol Securing Your World Physical and Cyber Security m a W* o m s' > V >y r Boundaries between Physical and Cyber Security have blurred with the IP-enabling of security operations. To help our clients stay ahead of the pack, the Certis Group provides critical and
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      325 34 Singapore Pavilion organised by: N Singapore Manufacturing Federation VISIT THE SINGAPORE PAVILION AT INTERPOL WORLD 2015 Sands Expo and Convention Centre 1A -16 April Hall A, Level 1 9.30am 5.30pm INTERPOL World a new concept for an international forum will bring private and public sectors together to address the security
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      120 35 NETWORKWORLDASIA fW 2014 il: •it WINNER illilli w .11 r* iS sljfil fri ig| i» 1 6) k m A f/CJlll[£fe?m«k Kirr Vit OffJBf DslSi^ JD C Ms Stop reacting to cyber threats. It's time to get ahead of them. CyberArk can secure the one thing needed for a successful
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      119 36 sssi'v PROTECT LIP USED BY OVER 16,000 AGENCIES IN 107 COUNTRIES REDUCE COMPLAINTS REDUCE USE-OF-FORCE A X26P SINGLE-SHOT CEW 7 X2 DOUBLE-SHOT CEW ■mm?* *****9 LIVES SAVED GLOBALLY > V ■PH* AXON Flex f/ex POINT-OF-VIEW CAMERA EVIDENCE.C®M CLOUD-BASED VIDEO MANAGEMENT SOLUTION Mi ax®n E5H5ra AXON Body ON-BODY CAMERA Visit us
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      244 37 Aa by: INTER POL WORLD 2015 i 14 16 April 2015 x Sands Expo Convention Centre, Singapore {fMWi Fostering Innovation for.Globaf Security Challenges INTERPOL n ENSURING CYBER SECURITY PROTECTION Providing deep Packet Inspection, Content Monitoring Cyber Intelligence Solutions with a high standard of security at any time and any place
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  • OPINION
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      Lock icon Aussie profit shifting tax tangle shines spotlight on Singapore
      577 38 EDITORIAL THE Australian Senate inquiry into profit-shifting by MNCs has gone predictably. All the representatives from major global corporations such as Apple, Google, Microsoft, News Corporation, Glencore and BHP Billiton held fast to their position that they were complying with Australian
      577 words
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      Lock icon It takes a party
      828 38  -  THE BOTTOM LINE By Paul Krugman NYT SO Hillary Clinton is officially running, to nobody’s surprise. And you know what’s coming: endless attempts to psychoanalyse the candidate, endless attempts to read significance into what she says or doesn’t say about President Barack Obama, endless thumb-sucking about
      NYT  -  828 words
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      Lock icon Will millennials boost Rand Paul’s chances?
      1276 38  -  But trying to be all things to all voters is a strategy that is probably not going to work for the libertarian candidate and he could end up antagonising many Republicans By Leon Hadar Washington WE all learned that there are two major ideological
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      Lock icon Pursuing the illusion of unending growth
      975 39  -  COMMENTARY By Anthony Rowley Tokyo HAVE we all become so addicted to the idea of continued high economic growth that the very suggestion of a new normal or “new mediocre” as IMF managing director Christine Lagarde likes to call it of slower growth leaves
      975 words
    • Article
      Lock icon Looking ahead towards a full Asean Economic Community
      837 39  -  COMMENTARY By Kelvin Tan T The writer is managing director and head of commercial banking at HSBC Singapore FROM a business perspective, South-east Asia has long been an interesting but unsynchronised collection of smaller markets, but that is rapidly changing. More than
      837 words
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      Lock icon How much longer can Opec hold out?
      1118 39  -  Geopolitical and economic realities are threatening to undermine the 12-member group’s production strategy. BY GAURAV AGNIHOTRI BY GAURAV AGNIHOTRI OILPRICE.COM THE Organisation of Petroleum Exporting Countries (Opec) has been the most talked about international organisation among investors, analysts and international political lobbies in
      OILPRICE.COM; PHOTO: BLOOMBERG; Source: US Energy Information Administration  -  1,118 words
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      4462 40 HUATIONG HUATIONG GLOBAL LIMITED (Company Registration No: *****2395Z) (Incorporated in Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of HUATIONG GLOBAL LIMITED will be held at Raffles Marina Ltd, 10 Tuas West Drive, Singapore *****4 on Wednesday, 29 April 2015 at 3.00 p.m.
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      2024 42 Ms) ADVANCED SYSTEMS AUTOMATION LIMITED (Company Registration No. *****0740M) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Twenty-Ninth Annual General Meeting of Advanced Systems Automation Limited (the "Company"), will be held at Block 25. Kallang Avenue, #06-01, Kallang Basin Industrial Estate,
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      2636 42 STRACO CORPORATION LIMITED (Incorporated in the Republic of Singapore) (Company Registration Number: *****3482R) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Amara Singapore, 165 Tanjong Pagar Road, Singapore *****9 on 29 April 2015 at 10.00 a.m. to
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      2457 44 NORDIC Group Limited NORDIC GROUP LIMITED Registration No. *****7399N (Incorporated in Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Nordic Group Limited (the “Company") will be held at 8 Wilkie Road #03-01 Wilkie Edge Singapore *****5 on Wednesday. 29 April 2015 at
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      2360 44 XINREN ALUMINUM HOLDINGS LIMITED (Incorporated in Singapore on 29 August 2006) (Company Registration No. *****2545H) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Governor Room, St. Regis Singapore, 29 Tanglin Road, Singapore *****1 on Wednesday, 29 April
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      2354 45 SHANGHAI TURBO ENTERPRISES LTD. (Company Registration No. CT-*****4) (Incorporated in the Cayman Islands) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Annual General Meeting of SHANGHAI TURBO ENTERPRISES LTD. will be held at Regus One Fullerton, 1 Fullerton Road, #02-01, One Fullerton, Singapore *****3 on Thursday 30
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      2377 46 111° METAL COMPONENT ENGINEERING LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****4700N) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of METAL COMPONENT ENGINEERING LIMITED ("Company") will be held at 10 Ang Mo Kio Street 65,Techpoint #04-02, Singapore *****9 on Wednesday,
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      2116 46 WHEELOCK PROPERTIES WHEELOCK PROPERTIES (SINGAPORE) LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****1797H) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 42 rd Annual General Meeting of the Company will be held at Grand Ballroom, Level 3, Hilton Singapore, 581 Orchard Road, Singapore *****3
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      1429 47 THEATLASICECOMPANY,BERHAD (INCORPORATED IN MALAYSIA)(1302-W) LOST STOCK CERTIFICATES NOTICE IS HEREBY GIVEN that the following certificates have been reported lost:THEATLAS ICE COMPANY, BERHAD (1302-W) NAME OF STOCKHOLDER STOCK CERTIFICATE NUMBER NO. OF STOCKS ESTATE OF B.29 5,000 TAN PENG KIA, C.85 1,000 DEC’D C.86 1,000 C.87 1,000 C.88 1,000 BS.141 13,500
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      2063 48 ROWSLEY LTD. (Incorporated in the Republic of Singapore) (Company Registration No. *****8381D) (“Company”) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Fifteenth Annual General Meeting of the Company will be held on Wednesday, 29 April 2015 at 10.00 a.m. at Holiday Inn Singapore Atrium, 317 Outram Road,
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      2478 48 KOH BROTHERS GROUP LIMITED (Unique Entity Number: *****0775D) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 21 st Annual General Meeting of Koh Brothers Group Limited (the “Company”) will be held at Oxford Hotel, 218 Queen Street, Singapore *****9 on Wednesday,
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      1244 48 (ftSHIA) Acma Ltd ACM A LTD. (Company Registration No.; *****0233E) (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING Unless otherwise defined, all capitalised terms herein shall bear the same meaning as used in the Circular dated 14 April 2015 (“Circular") issued by Acma Ltd. NOTICE IS HEREBY
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  • TRANSPORT
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      Lock icon Mega refineries require use of new oil products supertankers
      656 49 Traders are looking for scale that was previously not economically viable REUTERS London THE rapid growth of mega refineries is prompting a new class of oil products supertankers, mirroring an earlier revolution in crude oil shipping, as traders look for scale
      REUTERS; PHOTO: BLOOMBERG  -  656 words
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      Lock icon VW chairman in power struggle after comments against CEO
      432 49 BLOOMBERG Frankfurt FERDINAND Piech, the grandson of the creator of the VW Beetle and the patriarch of the German automaker for more than two decades, is losing his grip on Volkswagen AG two years before his last term as chairman ends.
      BLOOMBERG  -  432 words
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      Lock icon Hyundai is top mass-market car in China: survey
      194 49 BLOOMBERG Shanghai HYUNDAI Motor beat Volkswagen and General Motors Co’s Buick to be the top-ranked mass-market auto brand in China in a state-backed survey, even as the South Korean automaker’s deliveries there fell in the first quarter. BYD Co was the top-ranked
      BLOOMBERG  -  194 words
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      401 49 STProperty EVENTS STPROPERTY SEMINAR: Strategies to Capitalise on Opportunities and Avoid Pitfalls in the Property Market 2015 LAST 2 DAYS TO REGISTER! m i-k H fe-i ATTEND OUR SEMINAR FOR A CHANCE TO WIN A SAMSUNG GALAXY NOTE 4! Seminar fee includes refreshments buffet lunch at Suntec Singapore Convention Exhibition
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    Lock icon THE BUSINESS TIMES SHIPPING TIMES
    980 50 Vessel Voy Sin Pusan Tarawa Honiara Santo Port Vila Noumea Lautoka Suva Nukualofa Apia Pago Pago Papeete Lae P. Moresby Townsville Holsatia V006E 17 Apr 05 May 22 May 25 May 29 May 30 May 02 Jun 05 Jun 10 Jun 12 Jun 12 Jun
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      218 50 USE THIS SPACE TO SELL CALL JOE WONG AT *****327 TO ADVERTISE THE BUSINESS TIMES Shipping times Experienced ship maintenance services wanted. Can they find your services here in the Shipping Times? THE BUSINESS TIMES TO ADVERTISE, CALL JOE WONG AT 9620 1327 Publicise Your Del iver y O Newbuilds
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  • LIFE & CULTURE
    • Article, Illustration
      Lock icon Adrian Pang, Sharon Au as Mr & Mrs Lee
      756 51  - Adrian Pang, Sharon Au as Mr Mrs Lee Dick Lee, Sharon Au and Sebastian Tan join Adrian Pang in the mega-budget LKY Musical By Helmi Yusof helmi@sph.com.sg @HelmiB Singapore TV actress Sharon Au would have done anything to be part of The LKY Musical, a new big-budget musical about the
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      736 51 The Business Times NOTICES 0 AURIC PACIFIC GROUP LIMITED (INCORPORATED IN THE REPUBLIC OF SINGAPORE) COMPANY REGISTRATION NO.: *****2981 D NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of Auric Pacific Group Limited (the “Company will be held at Capricorn Leo Function Room (Level
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      1579 51 The Business Times NOTICES AURIC PACIFIC GROUP LIMITED (INCORPORATED IN THE REPUBLIC OF SINGAPORE) COMPANY REGISTRATION NO.: *****2981D NOTICE OF ANNUAL GENERAL MEETING Notice is hereby given that the Twenty-Eighth Annual General Meeting of Auric Pacific Group Limited (the “Company”) will be held at Capricorn Leo Function Room (Level 1),
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  • Page 51 Miscellaneous
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      330 51 CRYPTIC CROSSWORD Across 1 New student may be given that coat (6) 5 Powder in lotion or resin seen around a pit (8) 9 Male and one female by back of the depot for demonstration (13) 10 US city in desert with one personality (3,5) 11 Fox? Has got into
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  • SME
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      Lock icon Digital route to Singapore’s heritage
      1116 52  -  Startup Yeng Leong is bringing 3D laser scanning technology to art and heritage preservation in Singapore for the masses. BY FIONA LAM masses.BY FIONA LAM fionalam@sph.com.sg Revisiting your childhood home in an animated video fly-through, archiving your ancestor's grave in a highly accurate digital three-dimensional
      PHOTO: ARTHUR LEE  -  1,116 words
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      Lock icon Some pointers on how startups and corporates can team up
      845 52  -  COMMENTARY By Joel Leong T Joel Leong is the co-founder of ShopBack, a Singapore startup supported by NUS Enterprise. More on the topic of startups and corporates working together will be discussed at the upcoming innovFest unBound 2015 (www.innovfestunbound.com). WHEN
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      86 52 Affordable Flexible Office Space Options to suit all budgets. r Thin- pod H '•> Fully serviced, ready-to-go offices full time, part time or just occasionally. Ready-to-work offices A prime business address Mail handling and call answering in your company name From 1 to 50 people On-demand access to professional business
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