The Business Times, 22 June 2015

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Microfilm: NL33513
Total Pages: 24
1 24 The Business Times
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  • Title Section
    Lock icon Masthead
    31 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 Monday, June 22,2015
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  • DAILY DIGEST
    • Article, Illustration
      Lock icon Greek Prime Minister Alexis Tsipras
      41 1 has unveiled new proposals to European leaders aimed at reaching a “definitive solution” to the standoff between Athens and its creditors, and the country does not want any more help from the IMF. top stories 2
      41 words
    • Article
      Lock icon Directors and shareholders
      20 1 should note that refusing to attend relevant meetings to render them inquorate is not advisable.COMPANIES MARKETS 6
      20 words
    • Article
      Lock icon Singapore investors
      22 1 are buying fewer mansions in London after mortgage changes in the island nation limited their ability to borrow. REAL ESTATE/12
      22 words
    • Article
      Lock icon More than 300 people
      21 1 attended the SMU Financial Literacy Fiesta Symposium, where they learn about financial literacy. YOUNG INVESTORS’ FORUM/ 13
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    • Article
      Lock icon Saudi Arabia is set to
      29 1 escalate the battle for market share by raising oil production to maximum levels, which will add even more to the glut. ENERGY COMMODITIES 17
      29 words
    • Article
      Lock icon Apple is diving deeper
      35 1 into the news business with Apple News part of iOS 9 operating system with aims for it to be the primary news source for users of the iPhone and iPad.TECHNOLOGY 18
      35 words
    • Article
      Lock icon a rare note of dissent
      31 1 permeated the Paris Airshow as suppliers worried that they may lose out if they invest to meet higher jet production targets that ultimately prove unsustainable.TRANSPORT 21
      31 words
    • Article
      Lock icon Nico Rosberg won
      44 1 the Austrian Formula One Grand Prix for the second year in a row in a Mercedes one-two finish with team mate Lewis Hamilton on Sunday, cutting Hamilton’s overall championship lead to 10 points, after eight of 19 races. LIFE CULTURE/ 24
      44 words
  • Article
    Lock icon New business models set to shake up solar energy sector
    1279 1  -  From blended power solutions to electricity futures and even a crowdsourcing exchange, Singapore is making huge strides By Chan Yi Wen yiwenc@sph.com.sg @ChanYiWenBT Singapore THE high upfront cost of solar energy has long dampened its prospects on sunny island Singapore.
    1,279 words
  • Article, Illustration
    Lock icon DP Info ready to connect more dots
    751 1  -  In bid to expand services, facilities, new COO Lincoln Teo explores new areas and ways to curate data By Mindy Tan tanmindy@sph.com.sg @MindyTanBT Singapore CHANGE is afoot at information and credit bureau DP Information Group (DP Info). In addition to becoming a fully-owned
    PHOTO: ARTHUR LEE  -  751 words
  • Article
    Lock icon MARKETS
    25 1 Weekly Change STI 3,300.96 -52.89 KL Comp 1,721.77 -12.60 Nikkei 225 20,174.24 -232.84 Hang Seng 26,760.53 -520.01 Shenzhen B 1,514.01 -60.90 Dow 18,015.95 +117.11
    25 words
  • Page 1 Advertisements
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      Lock icon Page 1 Advertisements Column 1
      102 1 8 "*****1 *****4 TOPLINE Kelly steps up to tap talent of the future COMPANIES MARKETS 6 fjfet PATEK PHILIPPE GENEVE Begin your own tradition. ytlON > \Vv> 200 60 150 3 P 25 110 11 1 100 90 PATEK PHILIPPE 80 P 10 Q GEh ~vr ss. 70 t 60
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    • Advertisement
      Lock icon Page 1 Advertisements Column 2
      25 1 GAMES On moving to bigger Asian and global stages VIEWS FROM THE TOP 14-15 NEW RESTAURANT Journey of discovery through eclectic menu dining out 23
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      Lock icon Page 1 Advertisements Column 3
      13 1 TRILATERAL SUMMIT Leaders of Japan, China, South Korea may meet TOP STORIES 2
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  • TOP STORIES
    • Article
      Lock icon China, Japan, S Korea may hold trilateral summit
      823 2  -  Russian president Putin may visit Japan; he highlights need “to discuss a decades-old territorial dispute”, reports Kyodo By Anthony Rowley btworld@sph.com.sg Tokyo IN an apparent thawing of strained relations across North-east Asia, Chinese President Xi Jinping, Japanese Prime Minister Shinzo Abe and
      823 words
    • Article, Illustration
      Lock icon Athens gives new debt proposals ahead of crucial summit to end crisis
      715 2 Details undisclosed but Greece does not want any more help from IMF AFP Athens GREEK Prime Minister Alexis Tsipras unveiled new proposals to European leaders on Sunday aimed at ending his country’s debt crisis, on the eve of
      AFP; PHOTO: AFP  -  715 words
    • Article
      Lock icon Another flat week expected ahead for most US stocks
      1002 2  -  With end of first half in sight, stocks are where they started the year WALL STREET INSIGHT By Rob Curran btworld@sph.com.sg week, enthusiasm about the Fed- LAST week, enthusiasm about the Federal Reserve’s interest rate reprieve was quickly superseded by fear
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    • Article
      Lock icon Singapore shaping up as regional springboard
      968 4  -  Besides being a base for operational expansion, it is also becoming a hub for financing solar assets SOLAR AMBITIONS By Chan Yi Wen yiwenc@sph.com.sg @ChanYiWenBT Singapore GIVEN Singapore’s small hinterland, which limits the growth of solar energy here, and neighbouring countries’ more serious stance
      968 words
    • Article
      Lock icon ‘Boring’ banks a safe haven in an uncertain world
      599 4 Investors, brokers recommend sector as cheap, regulated REUTERS London WHEN fears of a Greek default are mounting, stock markets are jittery at multi-year highs, and the world’s biggest economy is preparing to hike interest rates, the idea of taking refuge in
      REUTERS  -  599 words
    • Article, Illustration
      Lock icon The Rising Sun
      284 4  -  The advent of new business models has accelerated the adoption of solar energy in Singapore; a second wave is now underway BT Explains By Chan Yi Wen Direct ownership (2014: Katoen Natie paid S$2.6 million in cash for a 1.2MWp solar PV Installation) ICustomer pays for the
      BT Graphics: Chan Yi wen & Airyn; Source: REC Solar, Energy Market Authority, SP PowerGrid Ltd  -  284 words
  • Page 2 Advertisements
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      Lock icon Page 2 Advertisements Column 1
      63 2 SPACE FOR LEASE PortKlangFreeZone(PKFZ) SUITABLE FOR: LOGISTICS, OIL GAS, MARINE, AUTOMOTIVE, MANUFACTURING 2 Floor Loading: Up to 50 kN/ m Flexible Lease Terms Sizes From 100,000 250,000 sqft Ceiling Height: 8 12 m Good Connectivity to Various Mode of Transport and Ports: Kuala Lumpur City, KL International Airport, Singapore, Thai
      63 words
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  • Page 4 Advertisements
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      60 4 FROM THE HEART OF EURASIA FLY TO KAZAKHSTAN AND BEYOND Beijing Almaty 5 a week Beijing Astana 2 a week Bangkok Almaty 7 a week Bangkok-Astana 2 a week j r Kuala Lumpur-Almaty 3 a week Ho Chi Minh Almaty 2 a week air astana Hong Kong Almaty 2 i-
      60 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon Kelly steps up to tap talent of the future
      935 6  -  It also engages other suppliers specialised recruitment firms who deal in niche sectors to form part of the talent supply chain. BY KELLY TAY TOPLINE BY KELLY TAY kellytay@sph.com.sg @KellyTayBT IT’S easy to think that in the talent recruitment business, it
      PHOTO: SHAWN TEO  -  935 words
    • Article, Illustration
      Lock icon Deadlocks: Should directors boycott meetings?
      854 6  -  It may be seen as dereliction of a director’s fiduciary duty if he does not participate and influence the outcomes of a meeting, or at least to record his position. BY ABDUL JABBAR BIN KARAM DIN BY ABDUL JABBAR BIN KARAM DIN T The writer
      854 words
    • Article
      Lock icon LionGold restructures US$17m convertible bonds due last month
      449 6  -  It also proposes new issue of up to S$100m of 2.5% redeemable convertible bonds due 2018 By Kalpana Rashiwala kalpana@sph.com.sg @KalpanaBT Singapore LIONGOLD Corp has over the weekend announced a restructuring of US$17 million of existing convertible bonds that were due last
      449 words
    • Article
      Lock icon Foreland Fabrictech chairman sells 29.5 % stake
      208 6 Foreland Fabrictech chairman sells 29.5 stake Singapore THE executive chairman of Singapore-listed Foreland Fabrictech Holdings has slashed his direct stake in the company to just 11.03 per cent, after selling a 29.5 per cent share for S$1 million. This works out to 0.62 of a Singapore cent per share. The
      208 words
    • Article, Illustration
      Lock icon Buying by directors stays high for 4th week
      1873 8  -  INSIDE MARKETS By Robert Halili T The writer is managing director, Asia insider Limited THE buying was high for the fourth straight week while the selling among directors fell based on filings on the Singapore Exchange (SGX) in the third week of
      Source: Asia Insider Limited  -  1,873 words
    • Article
      Lock icon Mellanox battles Intel in roll-out of new Ethernet cards, switches
      788 8 BLOOMBERG New York MELLANOX Technologies Ltd is trying to make network hardware sexy. At a lavish party at Manhattan’s One World Observatory that featured roaming oyster shuckers, a self-styled supernatural entertainer and attractive female hostesses, chief executive officer Eyal Waldman
      BLOOMBERG  -  788 words
    • Article, Illustration
      Lock icon STI / Catalist
      63 9 STI Catalist WEEKLY Straits Times Index June 19,2015 3,300.96 -52.89 (-1.58%) Current streak 1 day Week high 3,300.96 Week low 3,298.09 52-week high 3,525.19 (April 17, 2015) 52-week low 3,167.73 (Oct 17, 2014) FTSE ST Catalist Index June 19,2015 673.07 -4.47 (-0.66%) Current streak 1 day week high 673.85 Week
      63 words
    • Article, Illustration
      Lock icon Greece takes the spotlight
      532 9  -  STOCKS By Kenneth Lim sivan@sph.com.sg @RSivanithyBT GREECE may not have much going for it these days, but at least it will be the centre of attention in the week ahead as the threat of default looms ever closer. US markets entered the weekend on a down
      532 words
    • Article
      Lock icon GAINERS
      73 9 BY CENTS CLOSE UP 52w high/low DBXT Nifty US$ ***** 493.2 2.9 *****/***** SPDR S&P500 US$ ***** 473.1 1.7 *****/***** GLD US$ ***** 247.3 1.6 *****/***** DBXT MSINDIA US$ 1025 61.5 4.7 1160/971 Lyxor Nasdaq US$ 1814 56.1 2.4 1816/1495 BY PERCENTAGE CLOSE UP 52w high/low InterraResW*****8 2 1900.0
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    • Article
      Lock icon LOSERS
      76 9 BY CENTS CLOSE DOWN 52w high/low DBXT AUDCS SG$ ***** -1180.0 -4.9 *****/***** SPDR DJIA US$ ***** -350.2 -1.5 *****/***** DBXT CSI300 US$ 1271 -267.3 -13.6 1471/626 DBXT Chia50 US$ 3764 -257.9 -4.9 4258/2800 JMH USD 5600 -253.9 -3.3 6788/5410 BY PERCENTAGE CLOSE DOWN 52w high/low CN*****MBeCW*****0 0.7 -89.4
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    • Article
      Lock icon UNUSUAL ACTIVITY
      81 9 VOL CLOSE($) CHANGE Hengxin Tech 1,216.0 0.430 +0.050 +13.16 LifeBrandz 34,011.3 0.006 -0.002 -25.00 China Flexpack 1,252.2 0.010 +0.001 +11.11 OEL 6,509.6 0.039 +0.004 +11.43 Joyas Intl 40,685.7 0.023 +0.003 +15.00 HPL 374.0 3.820 -0.300 -7.28 Ley Choon 537.0 0.067 +0.007 +11.67 UG Healthcare 2,391.4 0.315 +0.020 +6.78
      81 words
    • Article
      Lock icon STI STOCKS
      308 9 Stock name Close Change Wk high/low 52w high 52w low PE Div yield Mcap Ascendas Reit 245 unch 250/241 271 219 6 6199.5 CapitaLand 336 -3 340/329 379 293 12.3 2.7 *****.2 CapitaMall Trust 209 -3 216/208 228 188.5 5.2 7251.7 CityDev 958 -18 978/955 1095 915 11.5
      308 words
    • Article
      Lock icon MOST ACTIVE
      35 9 VOLUME Noble 270,193,600 IHC 219,267,100 Magnus Energy 178,057,200 StratechGroup 149,240,400 OUE Com Reit 143,002,500 Market volume 6,978,156,000 VALUE Singtel 412,154,877 DBS Grp 288,835,358 OCBC Bank 224,969,727 UOB 215,784,256 Noble 192,017,450 Market value 5,351,034,000
      35 words
    • Article
      Lock icon SGX ETFs Most Active
      112 9 Fund Last sale +/-(‘000) Wk high/low 52w high/low Buy/Sell Mcap STI ETF 335 -5 4504 340/334 355/319 334/336 UETF SSE50China 288 -46 823 334/282 340/140 290/291 90 IS MS INDIA US$ US738 +34 405 738/702 1000/696 738/741 92.3 Nikko AM STI ETF 341 cd -5 402
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    • Article
      Lock icon COMPANY MEETINGS
      133 9 COMPANY MEETING PLACE DATE TIME Frasers Centrepoint Asset E Alexandra Point (Lvl 2) 438 Alexandra Rd 22-Jun 10.00am Jackspeed Corp A Nordic-Conference Room 3 Intl Biz Park (lst Flr) Nordic European Ctr 22-Jun 10.00am Ezra Hldgs Ltd A Klapsons The Boutique Hotel-eighteen 1 2 (Level 18, 15) Hoe
      133 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      77 9 Jun 19 VALUE CLOSE BT OB/OS -350.00 +163.00 BT CADI -*****.00 +61.00 BT 10-day MA -*****.00 -35.00 FTSE ST Mid Cap 767.67 +2.96 FTSE ST Small Cap 481.61 +2.70 FTSE ST All Share 795.19 +0.85 FTSE ST China Top 206.35 +0.96 FTSE ST China 240.94 -1.49 FTSE
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    • Article, Illustration
      Lock icon STI / FTSE ST All-Share
      36 9 STI FTSE ST All-Share WEEKLY FTSE ST All-Share Index June 19,2015 795.19 -9.14 (-1.14%) Current streak 1 day Week high 799.17 Week low 792.89 52-week high 845.85 (Apr 17, 2015) 52-week low 766.44 (OCt 17, 2014)
      36 words
    • Article, Illustration
      Lock icon STI / MSCI EAFE
      34 9 STI MSCI EAFE WEEKLY MSCI EAFE index June 19,2015 1,882.91 -7.76 (-0.41%) Current streak 2 days week high 1,882.91 Week low 1,860.35 52-week high 1,993.20 (July 4, 2014) 52-week low 1,729.52 (Jan 9, 2015)
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    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 9 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 3 10 4 0 0 0 3 10 4 Manufacturing 55 81 35 12 22 8 67 103 43 Commerce 28 33 12 5 11 4 33 44 16 Tpt/Stor/Comms 14 18 10
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      123 9 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 66,583 66,583 270,575 270,575 Manufacturing 528,099 375,518 903,617 409,423 22,871 432,294 Commerce 618,243 325,841 944,084 469,413 13,779 483,192 Tpt/Stor/Comms 576,027 2,701 578,728 896,600 194 896,794 Finance 98,283 1,094 99,377 835,339 200 835,539 Construction 170,757 47,228
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    • Article
      Lock icon Volatility rules due to oil glut, dollar worry and Grexit
      747 9 COMMODITIES AFP London COMMODITIES experienced a volatile week, as traders eyed the oil supply glut, the dollar and intensifying concerns that Greece could default and crash out from the eurozone. The EU has called an emergency eurozone summit in Brussels
      AFP  -  747 words
    • Article
      Lock icon Internationalisation of renminbi has come a long way
      359 10  -  CURRENCIES By Howie Lee T The writer is an investment analyst at Phillip Futures. IT is hard to believe that just a decade ago, the Chinese renminbi (RMB) had little exposure in international trade settlement markets. Strict capital controls by the People’s
      359 words
    • FOREX RATES
      • Article
        Lock icon INTERBANK CROSS RATES
        471 10 Jun 19 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.949 4.820 0.686 6.017 49.533 103.502 0.956 8.596 2.901 1.124 79.056 35.007 1.037 9.511 0.717 23.886 26.135 0.490 0.776 Canada 1.054 5.078
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      • Article
        Lock icon INTERBANK CURRENCY RATES
        155 10 Jun 19 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.0370 1.0379 0.7759 0.7765 Canadian dollar 1.0929 1.0934 0.8180 0.8177 Euro 1.5125 1.5129 1.1317 1.1318 NZ dollar 0.9229 0.9234 0.6905 0.6908 Sterling pound 2.1186 2.1195 1.5852 1.5856
        155 words
      • Article, Illustration
        Lock icon HANG SENG
        3 10 WEEKLY
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      • Article, Illustration
        Lock icon SHANGHAI COMPOSITE
        3 10 COMPOSITEWEEKLY
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      • Article, Illustration
        Lock icon NIKKEI
        2 10 WEEKLY
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      • Article, Illustration
        Lock icon DOW JONES
        3 10 WEEKLY
        3 words
      • Article
        Lock icon US$/S$ FORWARD RATES
        22 10 Jun 19 S$ Bid Offer 1-month 1.3370 1.3375 2-months 1.3376 1.3381 3-months 1.3383 1.3390 6-months 1.3399 1.3407 Source: OCBC
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    • EQUITY BONDS WARRANTS FUTURES
      • Article
        Lock icon SGX DERIVATIVES TRADING
        396 10 Jun 19 OPEN HIGH LOW SETT VOL OP/INT FTSE CHINA A50 INDEX FUTURES SPOT *****.21 *****.37 *****.91 Jun15 *****.50 *****.00 *****.50 *****.00 *****1 *****7 Jul15 *****.50 *****.00 *****.00 *****.00 ***** ***** NIKKEI 225 INDEX FUTURES SPOT *****.41 *****.45 *****.91 Sep15 *****.00 *****.00 *****.00 *****.00 ***** *****8 Dec15
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      • Article
        Lock icon BONDS, WARRANTS, PREFERENCE SHARES Most active
        204 10 Jun 19 Prem Expiry Wk Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left WE Holdings Ltd W*****5 0.2 unch ***** 1 0 2 FTSEChinaA50 ***** MBeCW*****0 3 -9.9 ***** 0.0 --1 KepCorp MB eCW*****2 8.2 -1 ***** 0.2 915
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      • Article
        Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
        373 10 In local curr In S$ In US$ dy yr dy yr dy yr Jun 19 Index Change Change Change Change Change Change World Preliminary 1340.6 0.0 5.1 0.0 4.8 -0.2 4.0 EAFE Preliminary 1069.8 0.4 8.4 0.2 6.9 0.1 6.1 Europe Preliminary 1476.2 0.1 6.8
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    • BANK RATES
      • Article
        Lock icon INTERBANK RATES
        154 10 Jun 19 $S Offer Bid 0vernight 0.25 0.15 1-month 0.6875 0.5625 2-months 0.75 0.625 3-months 0.8125 0.6875 Overnight mode: 0.15 US$ 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 10 Jun 19 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 10 Jun 19 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0Z 2.375 01-Apr-17 102.49 102.53 102.51 5-Year N*****0H 1.625 01-Oct-19 99.74 99.85 99.70 10-Year NX*****Z 2.375 01-Jun-25 99 99.05 99.00 15-Year NY*****E 2.875 01-Jul-29 101.47 101.65 101.50 20-Year NZ*****V 3.375 01-Sep-33 106.78
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    • AGRI METALS ENERGY
      • Article
        Lock icon COMMODITY FUTURES
        250 10 Jun-19 Price Net change change Last Trade Agricultural Jun-19 CBOT Soybeans (US cents/bu) 971.50 -6.25 -0.64% 14/07/2015 CBOT Soybean Oil (US cents/lb) 32.55 0.30 0.93% 14/07/2015 CBOT Wheat (US cents/bu) 488.50 0.50 0.10% 14/07/2014 Jun-19 LIFFE Cocoa (£/tonne) 2120.00 -25.00 -1.17% 16/07/2015 LIFFE Coffee (US$/tonne) 1866.00 -22.00 -1.17%
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    • Article, Illustration
      Lock icon French billionaire makes fresh bid for Bouygues
      724 11 Numericable-SFR owner Patrick Drahi is offering to buy all of the telco, which has 11 million mobile customers. Move will pare French mobile market to 3 players from 4 REUTERS Paris PATRICK Drahi, the owner of France’s No 2 telecoms player Numerica-ble-SFR, has
      REUTERS  -  724 words
    • Article
      Lock icon DIVIDENDS ANNOUNCED
      1214 11 Payment Ex Rec Pay Ann (cts) date date date date Advanced Hldgs ak 0.300 16-Jun 18-Jun 29-Jun 10-Jun AIMS AMP Cap Ind Reit dk 2.920 06-May 08-May 24-Jun 29-Apr AIMS AMP Cap Ind Reit aj 0.030 06-May 08-May 24-Jun 29-Apr AIMS AMP Cap Ind Reit (1 Jan-31 Mar
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    • Article
      Lock icon PRIME LENDING RATES
      255 11 Jun 19 BANKS Agricultural Bank Of China Agricultural Bank Of China ...5.50 Bangkok Bank Public Co. Ltd 6.00 Bank of China Limited Bangkok Bank Public Co. Ltd Bank of Communications 5.50 Bank of China Limited ...5.50 Bank of Communications Bank of Tokyo-Mitsubishi Bank of East Asia Banque
      255 words
    • Article
      Lock icon BROKERS’ RECOMMENDATIONS
      1313 11 Consensus No. of Forecast Mean Fri’s recommendation esti-EPS PE target price Company name This wk Last mth mates (times) Accordia Golf Trt 1.00 1.00 1 0.06 12.25 0.96 0.73 AIMS AMP Cap Industrial Reit 1.00 1.00 2 0.12 12.91 1.69 1.51 Ascendas Reit 1.85 1.85 13 0.15 16.44
      1,313 words
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  • Page 8 Advertisements
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      Lock icon Page 8 Advertisements Column 1
      16 8 EDITOR'S CHOICE We bring you three top stories in full at businesstimes.com.sg every day thebusinesstimes btbreakingnews
      16 words
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      Lock icon Page 8 Advertisements Column 2
      31 8 4Want access to BBQ pits? If you're looking for your dream condo complete with facilities, turn to the Print Classified Properties section. To advertise, call the Print Classified Hotline: 1800-289 9988.
      31 words
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  • Page 10 Advertisements
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      Lock icon Page 10 Advertisements Column 1
      165 10 Trade NDFs Online with Phillip Futures An Asian Financial House with a Global Reach -i.t k^i 6538 0500 futures@phillip.com.sg www.phillipfutures.com.sg 250 North Bridge Road #07-01 Raffles City Tower Singapore *****1 PhillipCapital Your Partner In Finance This advertisement is for general information only and does not constitute a recommendation, offer or
      165 words
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  • REAL ESTATE
    • Article
      Lock icon Construction cranes dot skyline at Hudson Yards
      839 12 Development on west Side of Manhattan is generating much money in fees and taxes for city, say officials NYT New York CONSTRUCTION cranes are swinging across the skyline on the once industrial Far West Side of Manhattan where hundreds of workers are erecting
      NYT  -  839 words
    • Article
      Lock icon Fewer Singapore buyers of prime London homes after loan curbs
      187 12 BLOOMBERG London SINGAPORE investors are buying fewer mansions in London after mortgage changes in the island nation limited their ability to borrow. The number of Singaporeans buying prime homes in the capital fell 74 per cent in the period from
      BLOOMBERG  -  187 words
    • Article, Illustration
      Lock icon ‘Twisty’ Shanghai Tower a look to China’s future
      708 12 AFP Shanghai THE world’s second tallest building, Shanghai Tower, will soon open in the Chinese financial capital with a twist a 120-degree twist, to be exact. A softened triangular “outer skin” is literally twisted around a circular core, sending the glass and
      AFP; PHOTO: AFP  -  708 words
  • Page 12 Advertisements
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      Lock icon Page 12 Advertisements Column 1
      2514 12 THE BUSINESS TIMES Ik ~Ty^\ r I 1 M I 1 Toll free 1800-289-8822 I fl I I Email notices@sph.com.sg B i j L J www.sphclass.com.sg/notices The initial public offering of KrisEnergy Ltd. was sponsored by CLSA Singapore Pie Lid and Merrill Lynch (Singapore) Pie. Ltd. (the "Joint Issue Managers,
      2,514 words
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  • BT-CITIBANK YOUNG INVESTORS’ FORUM
    • Article, Illustration
      Lock icon Learning to live meaningfully
      503 13  -  Financial literacy is necessary to enjoy the priorities in life, say symposium speakers.BY speakers.BY ONG HUI QUN ohuiqun@sph.com.sg IN HIS keynote address at a financial literacy event, former Central Provident Fund (CPF) chief executive officer Liew Heng San tickled the audience when he asked them to
      503 words
    • Article, Illustration
      Lock icon How to be financially literate? Take a test
      739 13  -  By Ong Hui Qun ohuiqun@sph.com.sg Singapore POSSESSING financial knowledge alone does not solve financial problems. Rather, what is equally important is having the right attitudes towards money, said Michael Reyes, CEO of financial education company MoneyTree Asia Pacific. “Give me the healthiest
      BT Graphics: Ong Hui Qun, Ludwig Ilio  -  739 words
    • Article, Illustration
      Lock icon From credit card debt to e-commerce income
      1123 13  -  SMU student shares his rollercoaster ride with personal finance. BY CAI HAOXIANG haoxiang@sph.com.sg @HaoxiangCaiBT WHEN Siddiq Poh, 24, conducts financial literacy classes for the Institute of Technical Education (ITE) students, he shares his personal story of getting in and out of credit card
      PHOTO: YEN MENG JIIN  -  1,123 words
  • Page 13 Advertisements
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      105 13 GET STARTED NOW Be a young investor Do you aspire to be a successful young investor? Are you keen on taking the first step towards achieving that? The BT-Citibank Young Investors’ Forum is no typical page extracted from a financial textbook. This forum will present step-by-step guides on how to
      105 words
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  • VIEWS FROM THE TOP
    • Article, Illustration
      Lock icon GO TEAM!
      2217 14 THIS WEEK’S TOPIC What would it take for Singapore sportsmen and women to excel, beyond the regional level, at the bigger Asian and world stage? Philip Yuen Chief Executive officer Deloitte Singapore BEING a professional athlete just like professionals in the business world requires not only talent, hard
      PHOTOS: THE NEW PAPER, SINGAPORE SEA GAMES ORGANISING COMMITTEE, THE STRAITS TIMES; PHOTOS: SINGAPORE SEA GAMES ORGANISING committee, rec  -  2,217 words
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      300 15 ma npoWi °Ost o er Lianne Zaobao Business Seminar 4 July 2015 (Saturday) 2pm to 5pm This seminar is conducted in Chinese Lifelong Learning lnstitute@WDA, Lecture Theatre, Level 2 (3 min walk from Raya Lebar MRT) 11 Eunos Road 8, Singapore *****1 ol techno' s0 \ut\ 0 ns can help
      300 words
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  • BANKING & FINANCE
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      51 16 (2 UI w (0k r 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. •Mu Google play ALL THE TOP PUBLICATIONS IN ONE
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  • ENERGY & COMMODITIES
    • Article, Illustration
      Lock icon Drilling drought takes toll on small US frackers
      1125 17 While most large public energy companies are kept afloat by loans in 2015, lower-profile private firms are folding REUTERS Weatherford, Texas OIL field work was coming in fast when GoFrac doubled its workforce and equipment fleet at the beginning of last year,
      REUTERS; PHOTO: NYT  -  1,125 words
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      Lock icon Saudi Arabia set to pump oil flat out in new oil order, say Citi, Goldman
      737 17 BLOOMBERG London NOT content with the blow it’s dealt to US oil drillers, Saudi Arabia is set to escalate the battle for market share by raising production to maximum levels. The world’s largest oil exporter
      BLOOMBERG  -  737 words
    • Article
      Lock icon Power shortage holding back DR Congo’s mining sector
      506 17 AFP Lubumbashi, DR Congo THE minerals in the south-eastern Katanga region represent potential riches for the Democratic Republic of Congo, but a lack of electricity is preventing the country from fully exploiting them. In Katanga’s regional capital Lubumbashi, power cuts regularly shut
      AFP  -  506 words
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      469 17 The Business Times NOTICES UNITED OVERSEAS BANK LIMITED Company Registration No. *****0026Z (Incorporated in the Republic of Singapore) LOST SHARE CERTIFICATE Notice is hereby given that the following share certificate has been reported lost, destroyed or mislaid: Name Certificate No. No. of Shares KwekTong Lan Mdm *****87-6 125 Notice is
      469 words
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  • TECHNOLOGY
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      Lock icon Apple takes its news business up a notch
      750 18 It aims to be main news source for iPhone, iPad users in new operating system AFP Washington APPLE is diving deeper into the news business with a new application that could make the US tech giant a key industry player. Apple News,
      AFP; PHOTO: AFP  -  750 words
    • Article
      Lock icon US Congress briefed on hacker attack
      975 18 Investigators say China intruders siphoned data on federal employees and contractors for nearly a year NYT New York FOR more than five years, US intelligence agencies followed several groups of Chinese hackers who were systematically draining information from defence contractors, energy firms and electronics
      NYT  -  975 words
    • Article
      Lock icon Wikipedia plagued by internal tension, rise of smartphones
      869 18 NYT Washington WIKIPEDIA has come a long way since it started in 2001. With around 70,000 volunteers editing in more than 100 languages, it is by far the world’s most popular reference site. Its future is also uncertain. One of the biggest
      NYT  -  869 words
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      39 18 THE GREAT DIGITAL SALE $1.50 FATHER’S DAY SPECIAL buys you and Dad a digital treat! JUST$36AYEARFORANY2MAGAZINES! ONLY $1.50 PER DIGITAL ISSUE (USUAL: $5 $6.90) SubscribeNow! www.sphmagazines.com.sg/fathersday Offer valid till June 30. Available for iOS or Android tablets and smartphones
      39 words
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      12 18 i tbUSihSSJ 6^300 u. m±*m #sg50singalong 1 SCAN JOIN 3!HS(S www.sg50smgalong.sg 0
      12 words
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  • CONSUMER
    • Article, Illustration
      Lock icon Food brands stretched by India safety record
      821 19 Risks range from tainted water and patchy cold storage to a retail sector made up of tiny local grocers REUTERS Moga, India AT a McDonald’s plant outside Mumbai, 200 workers walk through air dryers and disinfectant pools, then get to work making the
      REUTERS; PHOTO: BLOOMBERG  -  821 words
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      Lock icon Gap’s fashion-backward moment
      1108 19 NYT New York AT 8:50am on a Wednesday, nearly two dozen shoppers hovered in front of H&M’s new global flagship store on the corner of West 34 th Street and Avenue of the Americas in Manhattan, eager to get inside as soon as the doors were unlocked
      NYT; PHOTO: AFP  -  1,108 words
    • Article
      Lock icon Marketing to millennials – snare them now or miss the chance
      778 19 Marketing to millennials snare them now or miss the chance NYT New York THE makers of Tic Tacs had a problem on their hands. After 18 months of internal study, they had concluded that the all-important millennial generation might not be content with a mere mint. No, the millennials wanted
      NYT  -  778 words
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      285 19 Picking Winners Avoiding Losers and AS INTEREST RATES RISES Interest rates rises have historically caused volatility in capital, investment and asset markets. How will equities, bonds, commodities and currencies react to this upcoming interest rate rise? Will HK H shares and China A shares continue to soar? How will higher
      285 words
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  • GOVERNMENT & ECONOMY
    • Article, Illustration
      Lock icon Rising unemployment adds to Widodo’s problems
      754 20 Companies struggling amid weakest economic growth in 6 years, rupiah’s slide to 17-year low REUTERS Jakarta INDONESIAN companies are shedding jobs as they grapple with the weakest economic growth in six years, adding to the troubles facing President Joko Widodo, who was elected last
      REUTERS; PHOTO: REUTERS  -  754 words
    • Article
      Lock icon Three new Mers cases in South Korea
      234 20 REUTERS Seoul SOUTH Korea reported three new cases of Middle East Respiratory Syndrome (Mers) on Sunday, bringing the total to 169 in the largest outbreak outside Saudi Arabia, but Thailand said that it had no new infections. South Korea’s Health Ministry late on
      REUTERS  -  234 words
    • Article
      Lock icon Japan to set medium-term cap on government spending
      255 20 REU TERS Tokyo JAPAN will set a medium-term cap on government spending in a bid to strengthen its commitment to fiscal belt-tightening in a draft proposal, government and ruling party sources said on Sunday. The draft of the government’s annual fiscal and
      REUTERS  -  255 words
    • Article
      Lock icon India’s Rajan says no to 4th rate cut on food price surge
      574 20 REUTERS Aurangabad, India PRICES of many foodstuffs are surging in India, despite a good start to monsoon rains an unexpected boon for wholesalers, but a major headache for the central bank and a government hoping for its help
      REUTERS  -  574 words
    • Article
      Lock icon Osborne vows hefty UK welfare cuts
      394 20 Newly re-elected Conservative govt to cut spending by £12b out of annual budget of £220b REUTERS London BRITISH finance minister George Osborne has said he will press ahead with hefty cuts to welfare in a budget statement next month, a day after tens of
      REUTERS  -  394 words
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      116 20 REDEFINING IDEAS printpack+sign Singapore’s printing, packaging signage business exhibition V Packaging Equipment Materials Gift Boxes Mooncake Packaging Paper Packaging Etc. U V 29-31 JULY 2015 Marina Bay Sands, Singapore Interested to exhibit? Tel: (65) 6848 5939 Email; PrintPackSign@bizlink.com.sg Organised By: BIZLINK Exhibition Services Pte Ltd A SUBSIDIARY OF Block 8
      116 words
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      165 20 Join us on 11th Jul 2015 to learn the methods to read the cashflow statements in ShareInvestor WebPro. We will also share with you the types of businesses that generate good cashflow for both the companies as well as the investors. Learning Points: Importance of cashflow for listed companies Reading
      165 words
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  • TRANSPORT
    • Article
      Lock icon Germany leads the way in car sharing
      713 21 As many of 45 per cent of households in Berlin do not own cars AFP Berlin CAR sharing, pioneered in Switzerland in the 1970s, is gaining popularity across the globe as people shy away from the cost of owning and maintaining a car
      AFP  -  713 words
    • Article
      Lock icon VW chief in US sees ‘limited growth’ until new SUVs arrive
      422 21 REUTERS Detroit VOLKSWAGEN AG expects “limited growth” in the United States over the next two years and will focus on defending the market share it has, the top executive for the region told Reuters, suggesting the German carmaker will
      REUTERS  -  422 words
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      Lock icon For carmakers, fuel economy targets may be within reach
      1035 21 NYT New York WHEN David Key drove his new mostly alu-minium-body Ford F-150 pickup home this year, he knew he had made the right choice. Mr Key, of Holly Springs, North Carolina, outside Raleigh, previously owned a 2007 version of the
      NYT; PHOTO: NYT  -  1,035 words
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      Lock icon Suppliers fret as planemakers ramp up production targets
      706 21 REUTERS Paris A RARE note of dissent permeated the Paris Airshow last week as suppliers worried that they might lose out if they invest to meet higher commercial jet production targets that ultimately prove unsustainable. Airbus and Boeing plan to raise production
      REUTERS; PHOTO: BLOOMBERG  -  706 words
    • Article
      Lock icon Pirate suspects held by Vietnam ‘speak Indonesian’
      356 21 AFP Hanoi EIGHT men detained by Vietnam on suspicion of hijacking a Malaysian-flagged tanker speak Indonesian and were carrying large amounts of cash when they were apprehended, state media reported on Sunday. The group were taken into custody on Friday after they pulled
      AFP  -  356 words
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  • Article
    Lock icon THE BUSINESS TIMES SHIPPING TIMES
    1920 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
    1,920 words
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      105 22 Experienced !>h;p maintenance services wanted. Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE WONG AT 9620 1327 THB1SLSINESS TIMES Shipping times Make A Splash In The Maritime World Via s^'Bmaritime.coM Ahoy there! If you are in a business pertaining to any sector of the
      105 words
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  • DINING OUT
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      Lock icon Journey of discovery through eclectic menu
      1052 23  -  The spice combinations in familiar creations at the new Coriander Leaf work quite nicely if better quality ingredients are used. BY JAIME EE used.BY JAIME EE jaime@sph.com.sg @JaimeEeBT NEW RESTAURANT Coriander Leaf #02-01 CHIJMES 30 Victoria Street Tel: 6837-0142 Open for dinner Mon to
      1,052 words
  • Page 23 Advertisements
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      180 23 Z3 Z2 Z1 INTRODUCE YOURSELF &KNOW YOURSELF DO IT YOURSELF Resume Clinic/ Consultation Metaphysics Geomancy Update Upload Resumes Psychometric Test Z5 Z4 IMPROVE YOURSELF PRESENT A YOURSELF Seminars Career Coaching Makeover Photoshoot TIME 10am 7pm DAY 1 4 JULY VENUE DAY 2 Marina Bay Sands, Halls D E 5 JULY
      180 words
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  • LIFE & CULTURE
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      Lock icon No work for Nepalis as tourists stay away
      861 24 Tourist bookings in Himalayan nation down 95 per cent since April 25 earthquake AFP Pokhara, Nepal BOATMAN Hem Gurung waits listlessly on the deserted banks of Lake Phewa in the shadow of Nepal’s spectacular Annapurna mountain range for tourists that do not
      AFP; PHOTOS: AFP  -  861 words
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      Lock icon Rosberg wins Austrian Grand Prix to cut Hamilton’s lead in title race
      721 24 afternoon for the former champions. REUTERS Spielberg, Austria NICO Rosberg won the Austrian Formula One Grand Prix for the second year in a row in a Mercedes one-two finish with team mate Lewis Hamilton on Sunday. Hamilton’s overall
      afternoon for the former champions. REUTERS; PHOTO: AFP  -  721 words
  • Page 24 Miscellaneous
    • Miscellaneous
      Lock icon Page 24 Miscellaneous Column 1
      338 24 CRYPTIC CROSSWORD Across 1 Besieged by left of centre, cowered (7) 5 Companies that perform use port for processing (7) 9 An unsociable person like this must welcome a couple of daughters (5) 10 Drinks with chief parliamentarian? (9) 11 Rise includes state benefit for juvenile (10) 12 Crowns for
      338 words