The Business Times, 19 June 2015

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Microfilm: NL33513
Total Pages: 28
1 28 The Business Times
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  • Title Section
    Lock icon Masthead
    32 1 THE BUSINESS TIMES 2015 SOCIETY OF NEWS DESIGN EXCELLENCE AWARD BEST IN OVERALL REDESIGN S$1.00 A SINGAPORE PRESS HOLDINGS PUBLICATION www.businesstimes.com.sg @BTBreakingnews CO REGN NO *****2868E MCI (P) 051/08/2014 Friday, June 19,2015
    32 words
  • DAILY DIGEST
    • Article
      Lock icon US consumer prices
      17 1 in May recorded their largest increase in more than two years. TOP STORIES 3
      17 words
    • Article
      Lock icon The Asia-Pacific
      24 1 region is now home to the most number of high net worth individuals, overtaking North America for pole position. TOP STORIES 4
      24 words
    • Article
      Lock icon The biggest opportunity in markets
      24 1 lies in large-cap US stocks in technology, banking and consumer discretionary sectors, an asset manager says. COMPANIES MARKETS 5
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    • Article
      Lock icon SIA is impatient to restore
      26 1 non-stop flights to the US and it is in talks with Airbus and Boeing on developing a plane. COMPANIES MARKETS 6
      26 words
    • Article
      Lock icon KrisEnergy has begun
      18 1 oil production from the Nong Yao field in the Gulf of Thailand. COMPANIES MARKETS 7
      18 words
    • Article, Illustration
      Lock icon JPMorgan Chase, Wells Fargo
      22 1 and four other large banks have failed to make long-promised improvements to their mortgage operations. BANKING FINANCE 10
      22 words
    • Article
      Lock icon Japan is facing
      25 1 another nuclear conundrum what to do with 16 tonnes of its plutonium sitting in France after being reprocessed there. ENERGY COMMODITIES 11
      25 words
    • Article
      Lock icon Google Inc’s Nest Labs
      25 1 rolled out an overhaul of its product line, including a new version of a home security camera and smoke alarm.TECHNOLOGY 12
      25 words
    • Article
      Lock icon The Kra canal project
      29 1 in Thailand could pose a serious threat to Singapore’s port if it becomes viable but that’s “a big if”, according to an OECD Official. TRANSPORT/14
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    • Article
      Lock icon A residential site
      25 1 at west Coast Vale has been put up for sale by the URA, which could yield some 595 residential units. REAL ESTATE/15
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    • Article
      Lock icon Tenaga Nasional
      28 1 is taking over debt-laden 1MDB’s entire 70 per cent stake in a planned 2,000 MW power project, sparking a slump in Tenaga’s shares. GOVT ECONOMY 19
      28 words
  • Article
    Lock icon MARKETS
    27 1 Thursday Change STI 3,300.42 -25.49 KL COMP 1,718.12 -8.74 NIKKEI 225 19,990.82 -228.45 HANG SENG 26,694.66 -59.13 SHENZHEN B 1,555.75 -12.67 DOW (11:45am EDT) 18,140.30 +204.56
    27 words
  • Article
    Lock icon Airbus pips Boeing at Paris Air Show with US$13.7b last-minute order
    815 1  -  But the final tally in orders is unlikely to beat that of last year’s Farnborough Air Show in the UK, amid less-aggressive buying by airlines By Nisha Ramchandani nishar@sph.com.sg @Nisha_BT Singapore THE world’s two biggest planemakers Airbus and Boeing
    815 words
  • Article
    Lock icon Healthcare sector must align with SkillsFuture movement, say industry players
    1069 1  -  SKILLSFUTURE By Claire Huang huangjy@sph.com.sg @ClaireHuangBT Singapore AS Singapore moves towards becoming a Smart Nation, the country’s healthcare sector will need to respond by providing training and development programmes aligned with the SkillsFuture movement, that is, tailored to give healthcare-sector
    1,069 words
  • Page 1 Advertisements
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      Lock icon Page 1 Advertisements Column 1
      106 1 8 "*****1 *****4 GREECE No grace period for Greece’s 1.5b euro payment: IMF TOP STORIES 2 GENEVE Creator of dreams (dWas Self-winding 18K red gold with diamonds Atrina MOP dial, FALCON in gold with engraved MOP feathers Tahitian brown pearl (eye) and a rotating solitaire EXCLUSIVELY AVAILABLE AT: SARCAR PAVILLON
      106 words
    • Advertisement
      Lock icon Page 1 Advertisements Column 2
      31 1 SHARE BUYBACK Noble pumps in further S$28.43m companies markets 7 US INTEREST RATES Rate hike likely to come later this year top stories 3 THE LIFEBLOOD OF ART BASEL LIFESTYLE 23
      31 words
    • Advertisement
      Lock icon Page 1 Advertisements Column 3
      13 1 7 STATE TENDER Close fight for Toa Payoh condo site REAL ESTATE 15
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  • TOP STORIES
    • Article, Illustration
      Lock icon No grace period for Greece’s 1.5b euro payment: IMF
      589 2 Merkel is optimistic about reaching a deal when EU leaders meet at a summit next week BLOOMBERG Luxembourg INTERNATIONAL Monetary Fund (IMF) chief Christine Lagarde said that Greece will not be given a grace period if it fails to make a
      BLOOMBERG; PHOTO: REUTERS  -  589 words
    • Article
      Lock icon Edge of reason
      380 2  -  Capital control grenade hovers over Greek impasse £31 REUTERS BREAKINGVIEWS By Neil Unmack, George Hay London CAPITAL controls offer a grenade-like approach to breaking the Greek impasse. As Athens continues to spurn a bailout deal with European negotiators, domestic bank deposits are heading out the door. For
      380 words
    • Article, Illustration
      Lock icon Rate hike likely to come ‘later this year’: Fed chief
      721 3 Central bank leaves benchmark interest rate unchanged at near zero; economy still has weak points, says Yellen AFP Washington THE Federal Reserve left its benchmark interest rate unchanged at near zero on Wednesday, but chair Janet Yellen said the first
      AFP; PHOTO: BLOOMBERG  -  721 words
    • Article
      Lock icon Fed up?
      397 3  -  Data is proving to be louder than IMF and World Bank for the Fed REUTERS BREAKINGVIEW By Daniel Indiviglio Washington THE Federal Reserve is hearing the call of economic data more loudly than the voices of the International Monetary Fund (IMF) and the World Bank. The institutions have
      397 words
    • Article
      Lock icon May CPI sees biggest gain in over 2 years
      239 3 LATEST US DATA REUTERS Washington US consumer prices in May recorded their largest increase in more than two years as petrol prices surged, suggesting an energy-driven disinflationary trend had probably run its course. The Labor Department said on Thursday its Consumer
      REUTERS  -  239 words
    • Article, Illustration
      Lock icon Asia-Pacific pips North America in high net worth individuals
      721 4  -  The region is set to be No 1 also in terms of wealth before the year ends, says world wealth Report 2015 By Claire Huang huangjy@sph.com.sg @ClaireHuangBT Singapore THE Asia-Pacific region is now home to the most number of high net
      BT Graphics Sources: Capgemini, RBC Wealth Management  -  721 words
    • Article
      Lock icon Tri5 Ventures unveils S$5m fund for Singapore ICT startups
      662 4  -  By Jacquelyn Cheok jaccheok@sph.com.sg @JacCheokBT Singapore A NEW S$5 million fund for Singapore seed-stage infocomm technology (ICT) startups has been launched this year, by new venture capital kid on the block Tri5 Ventures. Pronounced Thrive Ventures, the fund is backed by
      662 words
  • Page 2 Advertisements
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      Lock icon Page 2 Advertisements Column 1
      110 2 33 AUCTION 2015 EVENING SALE MODERN AND CONTEMPORARY ASIAN ART Sunday 21 June 2015 12:30pm Onwards Grand Hyatt Singapore Chen Wen Hsi Hendra Gunawan m Wida /'^v'orrr m i, MESP 11 Cheong Soo Pieng Affandi Tay Bak Koi Public Viewing Today, 19 June 2015 11am-8pm Tomorrow, 20 June 2015 11am
      110 words
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      Lock icon Page 2 Advertisements Column 2
      54 2 Take Action to Prevent Stroke and Heart Attack! Early screening and detection saves lives Healthy Heart Screening Package $250 CT Scan for Cardiac Screening $990 Rates are inclusive of 7% GST By appointment only cD> THOMSON LIFESTYLE CENTRE Thomson Lifestyle Centre Tel: 6352 6550 www.thomsonlifestylecentre.com #10-14/15 Novena Medical Center 10
      54 words
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  • Page 3 Advertisements
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      79 3 WINNER rC' Jf‘o vm The World's Best Low-Cost Airline r SELF CHECK IN M i. w WA irAsia^^ /IfhL^iiakVkf f OVER 100 DESTINATIONS YEARS of OUT OF THE BOX THINKING We don't just think like an airline. We aim to do things differently. Your belief in us inspires us to
      79 words
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  • Page 4 Advertisements
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      Lock icon Page 4 Advertisements Column 1
      384 4 I BEERFEST COMEDY CLUB SINGAPORE VS. MALAYSIA COMEDY CUP Featuring some of the best stand-up comedians from Singapore and Malaysia going head-to-head Showtimes (60-mi ns each) Friday Saturday, 26 27 June *****10.30pm yz£J In this competitive comedy game show, 2 teams of comedians are pitted against each other in a
      384 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon MFS favours US large-cap tech, consumer, bank stocks
      762 5  -  Strategist for Boston-based asset manager says he would stay clear of the energy sector By Cai Haoxiang haoxiang@sph.com.sg @HaoxiangCaiBT Singapore THE biggest opportunity in markets now lies in large-capitalisation US stocks in the technology, banking and consumer-discre-tionary sectors, the chief investment strategist
      762 words
    • Article
      Lock icon First Sponsor Group acquires two hotels in Amsterdam
      281 5  -  Hotels in 54.6m euro deal under Holiday inn and Holiday inn Express brands By Kelly Tay kellytay@sph.com.sg @KellyTayBT Singapore FIRST Sponsor Group announced on Thursday morning that it has completed its acquisition of two hotels in Amsterdam a Holiday Inn and a
      281 words
    • Article
      Lock icon SunMoon taking 51% stake in China fruit-selling venture
      297 5  -  S$3.1m consideration to be paid for through new SunMoon shares at 5.18 cents each Kelly Tay kellytay@sph.com.sg @KellyTayBT Singapore SUNMOON Food Company wants a bite of the fruit-selling business in China. It has proposed to acquire a 51 per cent stake in
      297 words
    • Article, Illustration
      Lock icon Ley Choon wins S$24.8m deal from Changi Airport Group
      373 6  -  Works involve resurfacing taxiways and installation of new LED airfield lighting By Ong Hui Qun ohuiqun@sph.com.sg Singapore LEY Choon Group Holdings has secured a S$24.8 million contract from Changi Airport Group (Singapore) to resurface Changi Airport’s taxiways. The mainboard-listed local provider
      PHOTO: LEY CHOON GROUP  -  373 words
    • Article
      Lock icon SIA in talks to develop new plane that can fly non-stop to US
      634 6 BLOOMBERG Singapore SINGAPORE Airlines Ltd (SIA) is impatient to restore non-stop flights to the US. The airline is in talks with Airbus Group SE and Boeing Co on developing a plane with new technology that would allow
      BLOOMBERG  -  634 words
    • Article
      Lock icon Noble intensifies share buyback, pumping in another S$28.43m
      561 7  -  Total of 102.7m shares bought in four market acquisitions, costing S$71.23m or an average of about 69.3 cents apiece By Kelly Tay kellytay@sph.com.sg @KellyTayBT Singapore IN YET another apparent bid to shore up investor confidence and its stock, commodities company Noble Group
      561 words
    • Article
      Lock icon KrisEnergy begins oil production in Nong Yao, Thailand
      260 7  -  By Jamie Lee leejamie@sph.com.sg @JamieLeeBT Singapore KRISENERGY Ltd on Thursday said that it has begun oil production from the Nong Yao field in the Gulf of Thailand, a core area of growth for the company. Oil was taken from the three initial
      260 words
    • Article
      Lock icon M1 independent director Barlow dies
      136 7  -  By Jamie Lee leejamie@sph.com.sg @JamieLeeBT Singapore M1 Ltd on Thursday announced the June 14 death of its longest-serving independent non-executive board director, Roger John Barlow, 65. On the board since May 2002, he chaired the company’s remuneration committee and was a member of its nominating
      136 words
    • CORPORATE DIGEST
      • Article
        Lock icon Changjiang Fertilizer
        35 7 CAI Jian Hua, the executive chairman and executive director of Changjiang Fertilizer Holdings Limited, will resume his duties as chairman with immediate effect following his leave of absence, the company said on Thursday.
        35 words
      • Article
        Lock icon Cordlife Group
        60 7 THE Competition Commission of Singapore (CSS) has stopped its investigation into whether Cordlife Group’s exclusive agreements with certain baby fair organisers and hospitals limit competition. CCS’s concerns were addressed by Cordlife’s “voluntary commitments in good faith not to rely on the exclusive arrangements that were the subject of
        60 words
    • Article
      Lock icon Bankers serving SMEs to go back to school
      215 7 THE finance industry has set up its first tertiary-education programme for bankers who serve small businesses. United Overseas Bank, together with the Singapore Management University, has launched the UOB-SMU Banker’s Executive Certificate programme, which is part of the bank’s career-development programme for
      215 words
    • Article, Illustration
      Lock icon STI / Catalist
      63 8 STI Catalist Straits Times Index June 18,2015 3,300.42 -25.49 (-0.77%) Current streak 1 day Day high 3,326.05 Day low 3,299.29 52-week high 3,539.95 (Apr 15, 2015) 52-week low 3,154.21 (Oct 16, 2014) FTSE ST Catalist Index June 18,2015 670.33 -3.52 (-0.52%) Current streak 1 day Day high 678.61 Day low
      63 words
    • Article, Illustration
      Lock icon Shadow of Greece looms large over STI
      657 8  -  Index has third negative session this week; Magnus Energy jumps 71%, drawing exchange query STOCKS By Kenneth Lim kenlim@sph.com.sg @KennethLimBT SINGAPORE shares slipped on Thursday as the US Federal Reserve’s dovish policy failed to break free of Greece’s shadow. The traits Times Index
      Source: Bloomberg  -  657 words
    • Article
      Lock icon STI STOCKS
      307 8 Stock name Close Change Day high/low 52w high 52w low PE Div yield Mcap Ascendas Reit 245 +2 246/242 271 219 6 6199.5 CapitaLand 331 -1 334/329 379 293 12.1 2.7 *****.5 CapitaMall Trust 210 +1 212/208 228 188.5 5.2 7286.4 CityDev 969 +4 975/961 1095 915 11.6
      307 words
    • Article
      Lock icon MOST ACTIVE
      33 8 VOLUME Magnus Energy 96,179,000 LifeBrandz 45,392,300 Noble 40,518,600 IHC 39,289,600 Ezion 36,937,800 Market volume 1,319,413,000 VALUE Singtel 66,497,163 DBS Grp 47,338,318 OCBC Bank 47,203,442 CapitaLand 39,843,138 Ezion 39,073,107 Market value 879,840,000
      33 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      77 8 Jun 18 VALUE CLOSE BT OB/OS -513.00 +90.00 BT CADI -*****.00 -62.00 BT 10-day MA -*****.00 -51.00 FTSE ST Mid Cap 764.71 +0.09 FTSE ST Small Cap 478.91 -0.57 FTSE ST All Share 794.34 -4.83 FTSE ST China Top 205.39 -2.10 FTSE ST China 242.43 -4.29 FTSE
      77 words
    • Article, Illustration
      Lock icon STI / FTSE ST All-Share
      35 8 STI FTSE ST All-Share FTSE ST All-Share index June 18,2015 794.34 -4.83 (-0.60%) Current streak 1 day Day high 799.05 Day low 794.19 52-week high 847.98 (Apr 15, 2015) 52-week low 762.71 (Oct 16, 2014)
      35 words
    • Article, Illustration
      Lock icon STI / MSCI EAFE
      33 8 STI MSCI EAFE MSCI EAFE index June 17,2015 1,860.35 -9.82 (-0.53%) Current streak 1 day Day high 1,877.30 Day low 1,860.35 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 4 7 4 0 0 0 4 7 4 Manufacturing 37 42 43 7 15 7 44 57 50 Commerce 10 20 22 1 5 8 11 25 30 Tpt/Stor/Comms 11 19 7
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      121 8 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 12,434 12,434 53,413 53,413 Manufacturing 76,454 58,438 134,892 53,837 4,806 58,643 Commerce 119,691 66,365 186,056 71,371 3,405 74,776 Tpt/Stor/Comms 105,043 643 105,686 157,851 47 157,897 Finance 15,248 163 15,411 144,312 30 144,342 Construction 29,241 18,405
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    • Article
      Lock icon GAINERS
      73 8 BY CENTS CLOSE UP 52w high/low GLD US$ ***** 217.2 1.4 *****/***** DBXT Nifty US$ ***** 129.3 0.8 *****/***** DBXT MSKorea US$ 5517 69.3 1.0 6735/5435 IS MS INDIA S$D 970 20.0 2.1 1116/892 UnitedFood 40 18.5 86.0 85/21.5 BY PERCENTAGE CLOSE UP 52w high/low Asiatravel W*****5 0.2 100.0
      73 words
    • Article
      Lock icon LOSERS
      77 8 BY CENTS CLOSE DOWN 52w high/low Jardine C&C 3606 -73.0 -2.0 4770/3598 Prudential USD 2450 -66.6 -2.0 2500/2150 JSH USD 3016 -54.6 -1.3 3810/3008 Lyxor Asia EX US$ 504 -32.0 -4.5 539/466 DBXT S&P Short US$ 2142 -28.0 -1.0 2497/2117 BY PERCENTAGE CLOSE DOWN 52w high/low Acma Ltd W*****7
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    • Article
      Lock icon UNUSUAL ACTIVITY
      84 8 VOL CLOSE($) CHANGE LifeBrandz 45,392.3 0.008 +0.003 +60.00 Magnus Energy 96,179.0 0.060 +0.025 +71.43 StarPharm 1 4.0 0.200 -0.050 -20.00 Brooke Asia 165.8 0.240 +0.070 +41.18 UG Healthcare 2,860.8 0.295 +0.025 +9.26 Asian Micro 1,905.1 0.013 -0.001 -7.14 Renewable Energy 395.1 0.032 +0.007 +28.00 Ziwo 464.1 0.051 +0.010
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    • BROKERS’ TAKE
      • Article
        Lock icon Ezion Holdings
        165 8 Buy June 18 close: S$1.055 Target price: S$2.10 RHB, June 18 FOLLOWING a change in management, Atlantic Marine Services (AMS) has withdrawn its lawsuit against Ezion and released and discharged the latter from all claims alleged. Ezion will continue to engage AMS, following the latter’s change in management,
        165 words
      • Article
        Lock icon First Resources
        149 8 Buy June 18 close: s$2.04 Target price: S$2.40 UOB Kay Hian, June 18 FIRST Resources’ (FR) share price delivers the best performance among the Singapore-listed plantation companies, as crude palm oil (CPO) and soyabean oil prices recover post biodiesel-friendly announcements by Indonesia, Malaysia and the United States. FR
        149 words
      • Article
        Lock icon Riverstone Holdings
        172 8  -  Compiled by Melissa Tan Buy June 18 close: S$1.575 Target price: S$2.05 Maybank Kim Eng, June 17 WHILE gains for its healthcare gloves may be muted by major capacity expansion in the industry, we believe cleanroom gloves stand to gain. These are expected to account for 68 per
        172 words
    • Article
      Lock icon SGX ETFs
      108 8 Most Active Fund Last sale +/-(‘000) Day high/low 52w high/low Buy/Sell Mcap STI ETF 335 -2 593 338/334 355/319 334/335 IS MS INDIA US$ US729 +8 216 733/720 1000/696 728/732 91.1 UETF SSE50China 305 -11 87 314/305 340/140 305/310 95.3 DBXT MSPAKIS US$ US207.8 +0.3 80 208.7/207 218.4/178.5
      108 words
    • Article
      Lock icon US$ under pressure as Yellen signals slow hike
      376 9 CURRENCIES AFP Tokyo THE US dollar weakened on Thursday as Federal Reserve chief Janet Yellen pointed to weakness in the US economy and cautioned that any rises in interest rates would be slow. The greenback eased to 123.14 yen in Tokyo from
      AFP  -  376 words
    • FOREX RATES
      • Article
        Lock icon INTERBANK CROSS RATES
        471 9 Jun 18 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.948 4.823 0.683 6.023 49.565 103.438 0.954 8.595 2.884 1.123 79.025 34.927 1.035 9.476 0.714 23.883 26.118 0.489 0.777 Canada 1.055 5.088
        471 words
      • Article, Illustration
        Lock icon HANG SENG
        2 9
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      • Article, Illustration
        Lock icon NIKKEI
        1 9
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      • Article, Illustration
        Lock icon SHANGHAI COMPOSITE
        2 9
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      • Article, Illustration
        Lock icon DOW JONES
        2 9
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      • Article
        Lock icon INTERBANK CURRENCY RATES
        155 9 Jun 18 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.0349 1.0359 0.7766 0.7771 Canadian dollar 1.0920 1.0928 0.8198 0.8195 Euro 1.5162 1.5171 1.1378 1.1381 NZ dollar 0.9219 0.9228 0.6918 0.6923 Sterling pound 2.1170 2.1184 1.5886 1.5892
        155 words
      • Article
        Lock icon US$/S$ FORWARD RATES
        22 9 Jun 18 S$ Bid Offer 1-month 1.3330 1.3337 2-months 1.3337 1.3344 3-months 1.3341 1.3350 6-months 1.3354 1.3362 Source: OCBC
        22 words
    • EQUITY BONDS WARRANTS FUTURES
      • Article
        Lock icon BONDS, WARRANTS, PREFERENCE SHARES
        202 9 Jun 18 Most active Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left OCBC Bk MB eCW*****1 11.2 -1.4 5994 0.2 1040 6 FTSEChinaA50 ***** MBeCW*****9 9.2 -2.5 4362 0.0 3 KepCorp MB eCW*****2 8.5 -0.3 4321 0.2 915 5
        202 words
      • Article
        Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
        373 9 In local curr In S$ In US$ dy yr dy yr dy yr Jun 17 Index Change Change Change Change Change Change World Preliminary 1332.2 -0.2 4.4 0.1 4.7 -0.2 2.9 EAFE Preliminary 1067.1 -0.4 8.1 -0.2 6.6 -0.5 4.8 Europe Preliminary 1470.0 -0.7 6.4
        373 words
      • Article
        Lock icon SGX DERIVATIVES TRADING
        392 9 Jun 18 OPEN HIGH LOW SETT VOL OP/INT FTSE CHINA A50 INDEX FUTURES SPOT *****.19 *****.22 *****.92 Jun15 *****.00 *****.00 *****.00 *****.00 *****2 *****2 Jul15 *****.00 *****.00 *****.00 *****.00 ***** ***** NIKKEI 225 INDEX FUTURES SPOT *****.59 *****.51 *****.55 Sep15 *****.00 *****.00 *****.00 *****.00 ***** *****6 Dec15
        392 words
    • BANK RATES
      • Article
        Lock icon INTERBANK RATES
        154 9 Jun 18 $S Offer Bid 0vernight 0.06 0.04 1-month 0.6875 0.5625 2-months 0.75 0.625 3-months 0.8125 0.6875 Overnight mode: 0.05 US$ Offer Bid 7 days 0.18 0.08 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 0.80 0.60 12
        154 words
      • Article
        Lock icon SIBOR
        36 9 Jun 18 1 mth 1 mth 0.***** 2 mths 3 mths 0.***** 6 mths 0.***** 9 mths 12 mths 1.***** SWAP Offer rates 1 mth 0.***** 3 mths 0.***** 6 mths 0.***** Source: Thomson Reuters
        36 words
      • Article
        Lock icon GOVERNMENT SECURITIES
        69 9 Jun 18 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0Z 2.375 01-Apr-17 102.46 102.53 102.50 5-Year N*****0H 1.625 01-Oct-19 99.55 99.75 99.65 10-Year NX*****Z 2.375 01-Jun-25 98.85 98.80 98.45 15-Year NY*****E 2.875 01-Jul-29 101.41 101.28 101.28 20-Year NZ*****V 3.375 01-Sep-33 106.71
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    • AGRI METALS ENERGY
      • Article
        Lock icon COMMODITY FUTURES
        220 9 Jun-17 WtO f4* S flwogo WMTWCle Agricultural r.i 1 l SfijtilMtllil()Jofi *'W Jurt T7 WJ)W' it ill w#i tiv.svil'i) Vfr. J)it s»1i% iwi/flins mil wr«ji (ito mnitnuj Jta iSJUKCTM UFHiinniL'wnrei :c3io wrc •osniurvt7 IMP/lDlS UFffi.WWtWtwintfl ttV.lT m Ojrjto atCV iiv I iri-T Wnw r *ji) (I isvimm •n
        220 words
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      Lock icon Page 5 Advertisements Column 1
      448 5 W m iSs nG&sSm, f'ij £9&ei A t +r. S*K •I < SID Ki a I SP H v SMU SINGAPORE INSTITUTE OH DIRECTORS EXECUTIVE DEVELOPMENT To the Graduates of SMU-SID Executive Diploma in Directorship and SMU-SID Executive Certificate of Directorship 19 June 2015 This event marks the graduation of
      448 words
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      60 6 m <2 niff* V tr 6 4* y ci N <&■ xm yr. d> DOWNLOAD THE ALL-NEW ASIAONE ARP All the top publications in one FREE app. The new AsiaOne mobile app gives you instant access to the latest news, interesting lifestyle features and content from Singapore's top news site.
      60 words
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      Lock icon Page 7 Advertisements Column 1
      97 7 BRflUfl Series 9 World’s most efficient and comfortable shaver.* m m Shave closer and smoother with SyncroSonic™ technology Series 9 is Braun’s only shaver with two, unique middle trimmers and a total of 4 cutting elements for that close, smooth shave you want. iigijjh, Free Braun watch with every purchase
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  • BANKING & FINANCE
    • Article, Illustration
      Lock icon 6 banks in US slapped with more mortgage restrictions
      758 10 They will also face additional fines; govt says they failed to improve their mortgage operations, as agreed in 2011 NYT New York JPMORGAN Chase, Wells Fargo and four other large banks have failed to make long-promised improvements to their mortgage operations,
      NYT; PHOTO: BLOOMBERG  -  758 words
    • Article
      Lock icon US investors in forex suit ‘hopeful’ of settlement
      270 10 They say HSBC, Barclays, Goldman, BNP manipulated foreign exchange rates BLOOMBERG New York INVESTORS claiming banks manipulated foreign exchange rates are “hopeful” of reaching a settlement within 30 days in their cases against HSBC Holdings plc, Barclays plc, Goldman Sachs Group Inc
      BLOOMBERG  -  270 words
    • Article
      Lock icon Shanghai Composite now a must-watch indicator
      260 10 BLOOM BERG Hong Kong FORGET US Treasuries and the euro. If Bank of America Corp is right, the new must-watch indicator for global bond and currency markets comes from somewhere few traders would think to check: the Shanghai Composite Index of Chinese share prices.
      BLOOMBERG  -  260 words
    • Article, Illustration
      Lock icon Oil-sand megaproject era in Canada seems to be over
      848 11 Various factors are driving producers from Suncor Energy to imperial Oil to accelerate the shift to smaller projects BLOOMBERG Calgary THE era of the megaproject in Canada’s oil sands is fading. Crude’s price slump, pressure to get off fossil fuels and
      BLOOMBERG; PHOTO: BLOOMBERG  -  848 words
    • Article
      Lock icon Japan faces a 16-tonne plutonium question
      483 11 With its reactors shut, Tokyo’s option is to pay someone to use reprocessed fuel lying in France REUTERS Tokyo STILL dealing with the huge clean-up after the Fukushima crisis and debating its future use of atomic energy, Japan now faces another nuclear conundrum what
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      Lock icon Industrial past haunts former Beijing showcase
      411 11 AFP Beijing RUST, dust and decay pervade a huge and largely abandoned steel plant in China’s capital Beijing, where ghosts of the industrial past linger on, years after the facility was closed. Tens of thousands of workers once toiled at the Capital Iron and
      AFP  -  411 words
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      494 10 Keep Calm And Take Charge, Shun Failure, Network Effectively! Who should attend: Managers, Directors, Business Owners, Sales and Service Executives. FULL-DAY WORKSHOPS Positive Thinking: Bouncing Back From Failure Taking Initiative And Making Things Happen At The Workplace Taking initiative means handling duties and responsibilities without waiting to receive instructions from
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      2053 11 The Business Times NOTICES In the Eastern Caribbean Supreme Court In the High Court of Justice Virgin Islands Commercial Division Claim No. BVIHC (COM) 64 of 2015 IN THE MATTER OF THE INSOLVENCY ACT, 2003 AND IN THE MATTER OF UNITY HOLDING BUSINESS LIMITED PUBLIC NOTICE NOTICE IS HEREBY GIVEN
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  • TECHNOLOGY
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      Lock icon US agencies face uphill battle for Silicon Valley talent
      781 12 They are ill-equipped to compete with the likes of Facebook, Google and are not trusted, especially among millennials AFP Washington THE US government agencies that defend the nation are in the midst of a charm offensive trying to win over the
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      Lock icon Google’s Nest Labs unveils camera, smoke alarm for the smart home
      398 12 BLOOMBERG San Francisco GOOGLE Inc’s Nest Labs rolled out an overhaul of its product line, including a new version of a home security camera and smoke alarm, pushing the Web company deeper into technologies for smart homes. The updates,
      BLOOMBERG; PHOTO: BLOOMBERG  -  398 words
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      Lock icon Amazon defends beyond-line-of sight drone use
      489 12 But it concedes FAA’s safety concerns AFP Washington AMAZON insisted on a significant change to proposed US drone regulations before it introduces 30-minute Prime Air parcel delivery by unmanned aerial vehicles to its American customers. The online retail giant a major player in the
      AFP  -  489 words
    • Article
      Lock icon Microsoft revamps management team to focus on 3 areas
      456 12 BLOOMBERG Seattle MICROSOFT Corp chief executive officer Satya Nadella made his biggest overhaul since taking over, naming the team that will focus on critical areas such as cloud computing and parting ways with one-time CEO contender Stephen Elop. Senior executives Kirill
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      125 12 OFFIC^XPO ASIA 2015 29-31 JULY 2015 Marina Bay Sands, Singapore Sands Expo and Convention Centre Level 1, Hall A Optimise your profit through automation! 0DBP badov -ovOus W ALC An Aulo-lO Company Free* admission! Register now! www.OfflcExpoAsia.com/reg/2 Interested to exhibit? Tel: (65) 6848 5939 Email: OEA@bizlink.com.sg Organised By: Block 8
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      30 12 SINGAPORE BUG AWARDS f/r jp m. gp m m 2 0 15 WHICH WILL BE THE TOP 10 MOST POPULAR BLOGS? YOU v H o^of Y B/u-ray 30 www.omy.sg sgblogawards.omy.sg
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      40 12 YOGA DAY Find out where you can join the first-ever International Day of Yoga celebrations on June 21 UP CLOSE WITH AMITAV GHOSH GET YOUR COPY TODAY FROM ALL 7-ELEVEN OUTLETS TO ADVERTISE: CALL SHAN (*****861) KALWANT (*****327) NISHAL (*****438)
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  • CONSUMER
    • Article
      Lock icon Now serving: Italian coffee by Caffe Cagliari
      424 13  -  Super Group’s OWL International appointed sole Asia distributor for Italian coffee brand By Nikita Mathur mathurn@sph.com.sg Singapore SINGAPORE’S beloved 3-in-1 coffee brand, OWL International, is bringing a taste of Italy to consumers. Super Group Ltd’s wholly owned subsidiary OWL International, which pioneered the
      424 words
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      Lock icon Novartis sees profit margin hike as it revamps drug portfolio
      380 13 REUTERS Zurich NOVARTIS AG said on Thursday it expects to increase its profit margin this year as it restructures its drug portfolio and cuts costs, as well as generate cash for a higher dividend and smaller, strategic acquisitions. “While we
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      Lock icon Allergan bets on rising popularity of botox for men
      654 13 Move is part of firm’s strategy to go after smaller markets in traditional pharmaceutical industry BLOOMBERG New York FINE lines. Double chins. Sagging skin. Allergan Plc is betting that these byproducts of ageing are becoming an obsession for men. After completing
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      1683 13 The Business Times NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.sphclass.com.sg/notices STATE OF WISCONSIN CIRCUIT COURT POLK COUNTY Idle-Awhile Farm, LLC, Case Type: Other Real Estate Plaintiff, Case Code: ***** -vsPricilla Barrott Case No. 14 CV 333 Edith Windmiller Mary E. M. Badger Filed in Polk County James M. Maybach September
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  • TRANSPORT
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      Lock icon Business case for Kra canal unclear: OECD official
      607 14  -  “It is fairly secure to assume that, for decades to come, there will be a role for Singapore,” he says By Melissa Tan melissat@sph.com.sg @MelissaTanBT Singapore THE Kra canal project in Thailand could pose a serious threat to Singapore’s port if it
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    • Article
      Lock icon M’sian navy is in contact with pirates aboard hijacked tanker
      294 14 REUTERS Kuala Lumpur A MALAYSIAN naval vessel has located the hijacked tanker Orkim Harmony in Vietnamese waters and is trying to persuade the pirates onboard to surrender, promising them they will be unharmed, Malaysian maritime officials said on Thursday. Both
      REUTERS  -  294 words
    • Article
      Lock icon California rules Uber drivers are employees
      422 14 BLOOMBERG San Francisco CALIFORNIA’S labour commissioner said an Uber Technologies Inc driver who connects with customers through the company’s app must be considered an employee, a decision that strikes at the heart of its business model. San Francisco-based Uber, like other “sharing economy” startups,
      BLOOMBERG  -  422 words
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      Lock icon In-flight entertainment of future will include iris-tracking
      635 14 AFP Le Bourget, France THE next generation of in-flight entertainment will include screens that know when you’ve fallen asleep, while new apps will very soon let you sync your personal devices with the onboard system. At the Paris Air Show this week French
      AFP; PHOTO: AFP  -  635 words
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      Lock icon Japan pushes LNG for transport to boost energy security
      659 14 REUTERS Tokyo JAPAN, the world’s biggest importer of liquefied natural gas (LNG), is drawing up plans to get trucks and ships to use the fuel, partly to help cut carbon emissions but also to diversify energy sources in the freight sector
      REUTERS; PHOTO: REUTERS  -  659 words
    • Article
      Lock icon Lessor sees pick-up in demand for A380 in next 2 years
      420 14 BLOOMBERG Toulouse MARC Lapidus, the Russian-born financier who announced the purchase of 20 Airbus A380s at the last Paris Air Show two years ago and has since failed to place a single one with an airline, said he’s not
      BLOOMBERG  -  420 words
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  • REAL ESTATE
    • Article, Illustration
      Lock icon Close fight emerges for Toa Payoh condo site
      889 15  -  Top 5 tenders range from S$725 to S$755 psf ppr, with top bidder Evia Real Estate and partners pipping Sing Holdings by just 1.1% By Kalpana Rashiwala kalpana@sph.com.sg @KalpanaBT Singapore THE Evia Real Estate-led consortium’s top bid for a 99-year private condo
      889 words
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      Lock icon Residential site at West Coast up for sale
      501 15  -  By Lynette Khoo lynkhoo@sph.com.sg @LynetteKhooBT Singapore A RESIDENTIAL site at West Coast Vale has been put up for sale by the Urban Redevelopment Authority (URA) on Thursday, which could yield some 595 residential units. This is the last land parcel to be
      Source: URA BT Graphics  -  501 words
    • Article
      Lock icon Singapore office market less attractive now: fund manager
      595 15 BLOOMBERG Singapore SINGAPORE’S office market is less attractive compared with Australia and Japan because of a space glut and slowing rental growth, according to Union Investment, Germany’s largest fund manager. Office rents peaked in the first quarter as the city-state’s economic growth
      BLOOMBERG  -  595 words
    • Article
      Lock icon China developers offer gifts with flat sales
      505 15 BLOOMBERG Shanghai CHINA’S debt-riddled developers are turning to incentives such as luxury cars as they rush to shed an inventory of unsold homes about seven times the size of Manhattan. Hopson Development Holdings in May offered a free Porsche or discounts of as
      BLOOMBERG  -  505 words
    • Article
      Lock icon Singapore Compact re-elects president for second term
      310 15  -  By Elizabeth Mak eamak@sph.com.sg Singapore THE deputy chairman of property group City Developments Limited was on Thursday re-elected as president of the Singapore Compact for Corporate Social Responsibility (CSR) for a second three-year term. Kwek Leng Joo was chosen again as head of
      310 words
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      31 15 $1.50psf $350psf ONWARDS PAYA UBI INDUSTRIAL PARK LEASE SALE 200 to 7,500 sq ft Own parking space (not inclusive in listed area) Tel: 9090 2222 Office: 53 Ubi Avenue 1 #01-11
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      47 15 GCB for Sale GALLOP PARK Land area approx. 27,491 sq ft Elevated with inground pool Quiet cul-de-sac; MRT Near to Botanic Gardens For further information, please call Carin Puah CEA Reg No: R*****3B 6494 3890 Jones Lang LaSalle Property Consultants Pte Ltd CEA Licence No. L*****26E www.jll.com.sg
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  • PROPERTY
    • Article, Illustration
      Lock icon China home prices up in May for first time in 13 months
      641 16 But massive inventories of unsold homes could continue to drag on economy well into next year, say economists REUTERS Hong Kong NEW home prices in China rebounded nationwide for the first time in 13 months in May, suggesting
      REUTERS; PHOTO: BLOOMBERG  -  641 words
  • Page 16 Advertisements
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      815 16 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements THE BUSINESS TIMES CLASSIFIED BUY IT SELL IT FIND IT D04 HOUSE FOR SALE SENTOSA Bungalow Sentosa 3½-Storey 8159 sqft, 6+1 ensuite, 2 living, Pool, Lift, Berth. Also for rent. Owner 9144 0027/ 9771 6341 D10 HOUSE FOR SALE OFF HOLLAND ROAD
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      221 16 D15 SHOP FOR SALE EAST COAST ROAD Latest loft concept design. 2 levels with toilet staircase. Retail/F&B. Medical Clinics also avail to investors. F’hold. Future MRT. Maureen 9817 0028 D23 FACTORY FOR SALE HILLVIEW TERRACE 999 yrs 2-sty. 4411 5800 sf. $810 psf. 6 car lots. 20/40 ft access. 9009-6043
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  • VEHICLE & LIFESTYLE
    • Article, Illustration
      Lock icon Happy employees are the key to a successful company
      1159 17 A ll work and no play will make you a dull worker. Work-life balance plays a crucial role to an organisation’s success, say experts. Mr John Bittleston, founder mentor and executive chairman of Terrific Mentors International, believes that forging a healthy
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      277 17 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements The Business times CLASSIFIED ■BUY IT-SELL IT-FIND IT- AUDI FOR SALE AUDI A4 ATTRACTION 06/2012 TFSI Ask $142,800 Best Deal in Town. Flexible Loan. High Trade In.Low Interest Rate. Fast Selling. *****005 *****580Classic Credit BMW FOR SALE BMW 730Li 12/2011 730Li Sunroof.
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      57 17 PETS PET CARE KOI FARM Biggest, Cheapest Largest in Singapore New arrival from Japan!! Nippon Koi Farm, No 51 Jln Lekar. Tel: 6763 1882 or www.nipponkoifarm.com PETS PET CARE PET FARM Small to Medium breed. Large puppies and kitten. Food and accessories. Boarding long/ short-term. Please call 6582 3333ERICSSON: SMALL-MEDIUM
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      242 18 S\NG Donate at least $20 to charity and get a ticket to SingSO to be held at the National Stadium on 7 August 2015! Tickets will be distributed on a first-come, first-served basis, with a maximum of 10 tickets per person. The donation drive will end upon full distribution of
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  • GOVERNMENT & ECONOMY
    • Article, Illustration
      Lock icon Tenaga to take over 1MDB’s stake in power plant
      624 19 News of the 70% stake acquisition for undisclosed sum sparks slump in the national utility company’s shares REUTERS BLOOMBERG Kuala Lumpur MALAYSIA said on Thursday that national utility Tenaga is taking over debt-laden state fund 1 Malaysia Development Bhd’s entire 70
      REUTERS; BLOOMBERG; PHOTO: REUTERS  -  624 words
    • Article
      Lock icon China’s ODI hits 278.4b yuan, closes FDI gap
      427 19 Cooling economy prompts local firms to look overseas for growth opportunities REUTERS Beijing CHINA’S outbound direct investment (ODI) soared in the first five months to 278.4 billion yuan (S$59.8 billion), official data showed, closing a gap with foreign direct investment (FDI) inflows
      REUTERS  -  427 words
    • Article
      Lock icon Indonesia’s central bank holds interest rate as rupiah weakens
      243 19 BLOOMBERG Jakarta INDONESIA’S central bank kept its main interest rate unchanged for a fourth month, as a weakening rupiah curbs room for policy easing to boost growth. Governor Agus Martowardojo and his board held the reference rate at 7.5 per cent,
      BLOOMBERG  -  243 words
    • Article
      Lock icon Japan business mood signals pick-up in private consumption
      399 19 REUTERS Tokyo CONFIDENCE at Japanese manufacturers in June rose for the second straight month and retailers were at their most optimistic in over a year, a Reuters poll showed, offering a welcome sign that consumers may have finally shaken off the effects
      REUTERS  -  399 words
    • Article
      Lock icon Thailand confirms its first Mers case
      346 19 AFP Bangkok THAILAND on Thursday said a 75-year-old man from Oman was confirmed to have Middle East Respiratory Syndrome (Mers) in South-east Asia’s first case of the virus since an outbreak in South Korea that has killed 23 people. Mers has spread at an
      AFP  -  346 words
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      Lock icon Curbs on crop prices boost odds of India rate cut
      743 19 BLOOMBERG New Delhi THE door to another interest-rate cut in India has cracked open an inch after Prime Minister Narendra Modi’s government limited gains in guaranteed prices for rice to levels not seen since 2006 and kept a lid on
      BLOOMBERG; PHOTO: AFP  -  743 words
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  • OPINION
    • Article
      Lock icon Asean set to become Asia’s next Pearl River Delta
      720 20  -  THE BOTTOM LINE By Kelvin Lau T The writer is a senior economist at Standard Chartered ASEAN is poised to become Asia’s next low-cost manufacturing powerhouse as wages in China’s Pearl River Delta (PRD) factory belt continue to creep up. As
      720 words
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      Lock icon Unwavering creditors of Greece must see they are playing with fire
      607 20 A GREEK exit from the euro currency looms like a tragedy, and yet views of the threat as harmless comedy have dangerously percolated through the market. EDITORIAL Six years after Greece suffered its first credit ratings cut, the Mediterranean
      607 words
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      Lock icon Waves of migration a call for global action
      1321 20  -  Nations must tackle root causes of disorderly migration or expect more economic crises and armed conflict. An open-door policy is unsustainable. BY JOERGEN OERSTROEM MOELLER BY unsustainable.BY JOERGEN OERSTROEM MOELLER T The writer is a visiting senior research fellow at the institute
      YALE GLOBAL ONLINE; PHOTO: AFP  -  1,321 words
    • Article
      Lock icon Wall St needs help to remain centre for jobs, innovation
      833 21  -  COMMENTARY By Kathryn Wylde NYT RECENTLY JPMorgan Chase and HSBC announced reductions in the size of their workforce. This comes on top of downsizing since the financial crisis, by many of New York City’s largest private-sector employers, including Bank of
      NYT  -  833 words
    • Article, Illustration
      Lock icon G-7 target on fossil fuels raises many questions
      979 21  -  By Frank-Jürgen Richter T The writer is founder and chairman of Horasis, a Global visions Community SUMMARISING a recent Group of Seven meeting in Bavaria, German Chancellor Angela Merkel said that the leaders had committed themselves to “decarbonise the global economy in
      PHOTO: REUTERS  -  979 words
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      Lock icon REVOLT AGAINST SUPER RICH MAY BE INEVITABLE
      1174 21  -  The relatively poor would have nothing to lose and could take to the streets if a fresh crisis were to knock out the pillars from under the global economy By Anthony Rowley in Tokyo IF ever there was a week in which the
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    • Article
      Lock icon Nothing wrong in wanting new SGX CEO to fix things
      360 21  -  LETTER TO THE EDITOR Natarajan A I BEG to differ with the view that “Expectations of incoming SGX CEO should be toned down” (BT, June 12). The writer, Vincent Khoo, being a seasoned remisier himself, will do well to remember
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  • Article
    Lock icon THE BUSINESS TIMES SHIPPING TIMES
    1908 22 MONTREAL 10 120 29/7 30/7 4/8 MONTREAL 10 120 29/7 30/7 4/8 EASTERN CAR LINER, LTD SPECIALIZE IN RORO HEAVY LIFT INTRA-ASIA SERVICE VOY Ramp(KT) Lifting(KT) SIN PKL KUC MUA KK JKT POSITIVE STAR 107 100 28/6 29/6 1/7 CALMY CORAL 90 60 10/7 12/7
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  • Page 22 Advertisements
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      104 22 Experienced sh/p maintenance services wanted. Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE WONG AT 9620 1327 THKULSINKSSTIMtS Shipping times Make A Splash In The Maritime World Via sj5ii.Shiartime.coM Ahoy there! If you are in a business pertaining to any sector of the maritime
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  • BT LIFESTYLE
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      Lock icon THE LIFEBLOOD OF ART BASEL
      1520 23  -  The world’s biggest art fair continues to take huge risks in order to attract 92,000 global visitors.BY HELMI YUSOF visitors.BY HELMI YUSOF IN an empty warehouse in Basel, a woman is crawling in a pool of blood, crying in pain. One of her eyes is
      PHOTOS: HELMI YUSOF; PHOTO: HELMI YUSOF; PHOTOS: MARLENE DUMAS, BENOIT MAIRE, CARPENTERS WORKSHOP GALLERY  -  1,520 words
    • COVER STORY
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        Lock icon Going Unlimited with wild, witty works
        587 24  -  Once again, the most gigantic, complex, ambitious and tongue-in-cheek art can be found in Art Basel’s Unlimited sector, which is dedicated to large-scale works. All in, 74 massive works fill 17,000 square metres of hall space next to the main fair. BT Lifestyle gawks
        PHOTO: HELMI YUSOF; PHOTO: REUTERS; PHOTO: HLMI YUSOF  -  587 words
    • ARTS/MUSIC
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        Lock icon Where the muse leads
        645 25  -  Up-and-coming Filipino artist Jayson Cortez stages his international solo in Singapore. BY CHEAH UI-HOON uihoon@sph.com.sg SUCH is the high level of skilled painting by Filipino artists that one has come to expect hyper-realism as a norm in their works. Young artist Jayson Cortez from Malolos Bulacan,
        PHOTO: JAYSON CORTEZ  -  645 words
      • Article, Illustration
        Lock icon Local indie acts to share famed English stage
        610 25  -  By Dylan Tan dylantan@sph.com.sg @DylanTanSYBT FOR decades now, the name Rough Trade has been synonymous with great indie music. The English label-retailer has been promoting and signing cutting edge bands such as Cabaret Voltaire and Stiff Little Fingers since way back in
        610 words
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        Lock icon Cesar holds court with kooky canines
        186 25  -  By Dylan Tan dylantan@sph.com.sg @DylanTanSYBT CELEBRITY dog behaviour expert Cesar Millan brought his well-loved TV show to life on stage at The Max Pavilion last Saturday in front of 3,000 canine lovers. Spotted in the crowd was former remisier king Peter Lim and his
        PHOTO: UNUSUAL ENTERTAINMENT  -  186 words
      • Article, Illustration
        Lock icon Art Apart Fair focus: Philippines
        740 25  -  By Cheah Ui-Hoon uihoon@sph.com.sg AS a gallery in southern Philippines, Qube will “break” the conventional notion that Manila is the only art market for artists residing in the southern regions. “Our aim is to present our artists to the Asian region, and we’re bringing works
        PHOTO: QUBE  -  740 words
    • WINE/CINEMA
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        Lock icon Champagne for dinner, anyone?
        998 26  -  Apart from the famed Dom Perignon, Perrier-Jouett champagnes, with their finesse and subtlety, prove perfect for fine dining. BY NK YONG BY NK YONG MENTION champagne and celebrations immediately come to mind weddings, birthdays, anniversaries. It’s something you make a toast with, have as an aperitif
        PHOTOS: NK YONG  -  998 words
      • Article, Illustration
        Lock icon Poltergeist – sans the screen screams
        525 26  - Poltergeist sans the screen screams By Dylan Tan dylantan@sph.com.sg @DylanTanSYBT FILM remakes are tricky to navigate put too much of your own spin and the fans will cry foul; stick closely to the original and the critics will be baying for blood. In short, it’s a no-win exercise and let’s
        PHOTO: 20TH CENTURY FOX  -  525 words
      • Article, Illustration
        Lock icon Hong Kong veterans pep up Wonder Mama
        444 26  -  By dylantan@sph.com.sg Dylan Tan dylantan@sph.com.sg @DylanTanSYBT BEFORE he took a break from making films about a decade ago, Clifton Ko was a box-office champ whose family-centred dramas made him sort of the Jack Neo of Hong Kong cinema. His heartfelt comedies always struck
        PHOTO: SHINING ENTERTAINMENT  -  444 words
    • CITY LIFE
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        Lock icon POP-UP FUN AT STORES
        870 27  -  Lifestyle stores Crate and Barrel and APS Lifestyle Gallery will turn into pop-up markets over the weekend to showcase nifty ranges not found on their shelves. BY TAY SUAN CHIANG BY TAY SUAN CHIANG taysc@sph.com.sg @TaySuanChiangBT TWO lifestyle stores will transform into pop-up markets over the
        PHOTOS: CRATE & BARREL, 9MCM  -  870 words
      • CITY BUZZ bt writers' picks of what to see, do or talk about
        • Article, Illustration
          Lock icon COMIC-CON WITH A JAPANESE TWIST
          334 27  -  MANGA MANIA By Dylan Tan CharaExpo 2015 TOP anime, manga, games and cosplay talents will transform Singapore Expo into Comic-Con with a Japanese twist. CharaExpo 2015 is the first major comic character convention of its kind to be held here. It is set to feature
          PHOTO: CHARAEXPO 2015  -  334 words
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          Lock icon CONCERT
          373 27  -  By Dylan Tan Lez Zeppelin IT’S only appropriate that Lez Zeppelin is one of the tribute bands playing at this year’s Beerfest Asia. The all-female New York quartet, which covers (surprise, surprise) Led Zeppelin’s greatest hits live on stage was formed in 2004 after guitarist Steph Paynes had one
          PHOTO: LEZ ZEPPELIN  -  373 words
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          Lock icon MARKET
          141 27  -  By Tay Suan Chiang Cuts Coffee Art Market NOWHERE to go tonight? How about checking out the Cuts Coffee Art Market, organised by The Local People. This time, they are taking over a shophouse and turning the space into a market. Apart from being able to shop at art
          PHOTO: THE LOCAL PEOPLE  -  141 words
        • Article, Illustration
          Lock icon DINING
          176 27  -  By Tay Suan Chiang The Reunion: A Taste of Norway FOR two nights only, chefs Ivan Brehm and Markus Dybwad, who both worked at The Fat Duck previously are coming together to create a menu that celebrates Scandinavian seafood. The menu, carefully crafted by the chefs in true spirit
          PHOTO: BACCHANALIA  -  176 words
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  • Page 25 Advertisements
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      212 25 n StivaL MELBOUR /COMED 4 HKK 2CELLOS ON THE ROAD 16TH JULY. 2015 KALLANG THEATRE $148, $128, $108, $98, $88, $78, $68* SCTIC.COM.SG 65 6348 5555 •SBDC BOOKING TEX NOT NCLUDCD lAMCPRODUCnONS.COM/•LAMCPRODOCTlONSf O ZALORA IsSS® a v\vv^ MELBOURNE INTERNATIONAL COMEDY FESTIVAL VT SSm LAME ENTED BY F t SINGAPORE KALLANG
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  • Page 26 Miscellaneous
    • Miscellaneous
      Lock icon Page 26 Miscellaneous Column 1
      304 26 CRYPTIC CROSSWORD Across 1 Inscriptions not the happiest yet they could be (8) 6 Unexpected opportunity (6) 9 First-class returns operating, excellent! (4-2) 10 Letter providing you with accommodation (8) 11 Subsidiary parts of the Forestry Commission? (8) 12 Shrewdly canny about how old one is (6) 13 An actor
      304 words
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