The Business Times, 12 October 2015

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

Microfilm: NL33640
Total Pages: 31
1 32 The Business Times
Page thumbnail Page 1
  • Title Section
    Lock icon Masthead
    57 1 THE BUSINESS TIMES 2015 SOCIETY OF NEWS DESIGN EXCELLENCE AWARD■BEST IN OVERALL REDESIGN■ S$1.00 q:h A SINGAPORE PRESS HOLDINGS PUBLICATION wvvw.businesstimes.com.sg [3 D@BTBreakingnews CO REGN NO ’l*****868E MCI (P) 039/08/2015 Monday, October 12,2015 THE BUSINESS TIMES SS1.00 S|5l A SINGAPORE PRESS HOLDINGS PUBLICATION www.businesstimes.com.sg G C OBTBreakingnews CO REGN NO
    57 words
  • Article, Illustration
    Lock icon DAILY DIGEST
    252 1 US stocks rallied last week as worries about an imminent interest rate hike and outright busts in Chinese factories and Texas oilfields faded, and the gains could build this week if Q3 earnings pick up. top stories 2 US MNC operations in Singapore were still the most profitable
    252 words
  • Article
    Lock icon MARKETS
    26 1 MARKETS Weekly Change STI 2,998.50 +205.35 KL COMP 1,706.54 +77.74 NIKKEI 225 18,438.67 +713.54 HANG SENG 22,458.80 +952.71 SHENZHEN B 1,107.01 +56.27 DOW 17,084.49 +612.12
    26 words
  • Article, Illustration
    Lock icon MAS monetary policy decision will be a close call, say economists
    1028 1  -  Majority of private-sector economists project a policy easing, but the central bank has often surprised By Kelly Tay kellytay@sph.com.sg @KellyTayBT Singapore WILL the Monetary Authority of Singapore (MAS) surprise again on Wednesday, when it releases its October monetary policy
    BT Graphics, Source: Monetary Authority of Singapore (MAS)  -  1,028 words
  • Article
    Lock icon SIA, SilkAir team up with Scoot to boost network
    984 1  -  By Nisha Ramchandani nishar@sph.com.sg @Nisha_BT Singapore BUILDING on its portfolio strategy, Singapore Airlines (SIA) and SilkAir are leveraging medium/long-haul budget arm Scoot through an interline partnership for select destinations as the group seeks to capture more passengers in a competitive environment.
    984 words
  • Page 1 Advertisements
Page thumbnail Page 2
  • TOP STORIES
    • Article, Illustration
      Lock icon Rally may continue this week if earnings pick up
      917 2  -  Investors turn bullish on Fed’s hints of delay in rate rise, recovery in commodity prices and positive China signals WALL STREET INSIGHT By Rob Curran btworld@sph.com.sg STOCKS rallied last week as worries about an imminent interest rate hike and outright busts
      PHOTO: REUTERS  -  917 words
    • Article, Illustration
      Lock icon Singapore offers best returns for US MNCs in Asia-Pacific
      668 3  -  Within the region, only Australia is host to a larger US investment but only barely than Singapore By Chuang Peck Ming peckming@sph.com.sg @PeckmingBT Singapore US MNC operations in Singapore were still the most profitable in the Asia-Pa-cific region last year and
      PHOTO: REUTERS  -  668 words
    • Article
      Lock icon S’pore investments in US rise to US$20.6b, income up to US$837m
      465 3  -  By Chuang Peck Ming peckming@sph.com.sg @PeckmingBT Singapore SINGAPORE’s direct investments in the US jumped from US$19.3 billion in 2013 to US$20.6 billion in book value, while income from investments rose from US$818 million to US$837 million, according to the
      465 words
    • Article, Illustration
      Lock icon IIF concerned over flash crashes, panic selling on stock markets
      684 4  -  The fear is if the Fed were to normalise monetary policy, it may give rise to imbalances between buy and sell orders By Anthony Rowley btworld@sph.com.sg Lima AS markets nervously await the US Federal Reserve’s first step in raising interest
      PHOTO: AFP  -  684 words
    • Article, Illustration
      Lock icon Technical recession: will we, or won’t we?
      90 4  -  BT Explains By Soon Weilun Singapore’s economy shrank in the second quarter of this year. With recent gloomy manufacturing figures and a hazy outlook on external economic factors, all eyes are on the Ministry of Trade and Industry’s (MTI) advance estimate, to be
      Source: Ministry of Trade and Industry, Singapore Department of Statistics, Citi Research BTGraphics: Noordin Ayob  -  90 words
  • Page 2 Advertisements
    • Advertisement
      Lock icon Page 2 Advertisements Column 1
      445 2 EY Building a better working world 2015 Employee Remuneration Reporting Seminar Knowing the reporting requirements in Forms IR8A/IR21 All employers in Singapore have an obligation to prepare the year-end reporting for their employees by 1 March 2016 or a tax clearance reporting for foreign employees who are ceasing employment or
      445 words
Page thumbnail Page 3
  • Page 3 Advertisements
    • Advertisement
      Lock icon Page 3 Advertisements Column 1
      152 3 When you want everything. Except compromise. The all-new Mercedes-Maybach S-Class. The essence of luxury. Those accustomed to the finer things in life will take great pleasure in the Mercedes-Maybach S-Class. Intricate features like the silver-plated champagne flutes create an exquisite air of refinement. Its exterior distinguishes itself with a 336.5
      152 words
Page thumbnail Page 4
  • Page 4 Advertisements
    • Advertisement
      Lock icon Page 4 Advertisements Column 1
      2194 4 VSSl_ ASL Marine Holdings Ltd. (Co. Reg. No. *****8542N) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Fifteenth Annual General Meeting of the Company will be held at 19 Randan Road, Singapore *****1 on Thursday, 29 October 2015 at 2.00 p.m. for the following purposes:Ordinary Business 1.
      2,194 words
Page thumbnail Page 5
  • Article, Illustration
    Lock icon Delivering Growth, Boosting Competitiveness
    1023 5 Singapore’s Role in the New Economy In its ‘Doing Business 2015 report, the World Bank once again ranked Singapore as the #1 easiest place in the world to do business. This validation of Singapore’s success in encouraging and facilitating international trade and investment is very positive,
    1,023 words
Page thumbnail Page 6
  • COMPANIES & MARKETS
    • Article
      Lock icon UOB grows its financial institution business
      392 6  -  Revenue for the division increased more than 40 per cent in the first six months of this year By Andrea Soh sandrea@sph.com.sg @AndreaSohBT Singapore UNITED Overseas Bank (UOB) has been ramping up its activities in supporting the growth of international financial institutions that want
      392 words
    • Article, Illustration
      Lock icon Event to uphold and advance high standards begins today
      694 6 121 companies have committed to excellence in corporate governance CORPORATE GOVERNANCE WEEK 2015 Singapore THE Securities Investors Association (Singapore) launched on Monday the 6th Singapore Corporate Governance Week 2015 that will run from Oct 12 to Oct 16. Organised by SIAS,
      694 words
    • Article
      Lock icon PRIME LENDING RATES
      242 6 OCt 9 BANKS Agricultural Bank Of China Agricultural Bank Of China .5.50 Bangkok Bank Public Co. Ltd ...5.50 Bangkok Bank Public Co. Ltd Bank of Communications Bank of China Limited .5.50 Bank of Communications ...5.50 Bank of Tokyo-Mitsubishi .5.75 Banque Internationale a .5.50 Bank of Taiwan ...6.00
      242 words
    • Article, Illustration
      Lock icon Banks’ messenger service reaps gains amid tougher regulations
      1058 8  -  SWIFT rides on rising compliance demands on banks, boosting revenue of its non-messaging services. TTTOPLINE BY JAMIE LEE leejamie@sph.com.sg @JamieLeeBT FOR many bankers, Sept 15, 2008 is a date seared in their minds. One might say the same for SWIFT (the Society
      PHOTOS: BENJAMIN BROLET/SWIFT  -  1,058 words
    • Article, Illustration
      Lock icon Social media: better ‘friend’ than ‘unfriend’
      942 8  -  By Poh Mui Hoon T The writer is a member of the Governing Council of the Singapore institute of Directors LIKE it or not, use it or not, social media is here to stay and its digital tentacles are fast encroaching into unprepared boardrooms.
      942 words
    • Article, Illustration
      Lock icon STI / Catalist
      64 9 STI Catalist WEEKLY Straits Times Index Oct 9,2015 2,998.50 +205.35 (+7.35%) Current streak 1 day Week high 2,998.50 Week low 2,851.25 52-week high 3,525.19 (Apr 17, 2015) 52-week low 2,793.15 (Oct 2, 2015) FTSE ST Catalist index Oct 9,2015 528.42 +23.97 (+4.75%) Current streak 1 day Week high 528.42 Week
      64 words
    • Article, Illustration
      Lock icon Believe in the bounce, says Morgan Stanley
      629 9  -  TTSTOCKS By R Sivanithy sivan@sph.com.sg @RSivanithyBT TWO weeks ago, this column pointed out that the Straits Times Index had at the time lost exactly 20 per cent from its high for the year and since a loss of that magnitude fits the definition
      629 words
    • Article
      Lock icon GAINERS
      77 9 BY CENTS CLOSE UP 52w high/low Lyxor Indonesia US$ 7364 1277.8 14.2 9182/6250 JMH USD 5185 687.8 10.5 6788/4502 GLD US$ ***** 606.7 4.1 *****/***** DBXT Nifty US$ ***** 528.4 3.0 *****/***** DBXT MSKorea US$ 5286 514.5 7.5 6246/4478 BY PERCENTAGE CLOSE UP 52w high/low GRP W*****7 0.3 200.0
      77 words
    • Article
      Lock icon LOSERS
      77 9 BY CENTS CLOSE DOWN 52w high/low Hyflux 6% CPS ***** -202.0 -1.9 *****/***** DBXT S&P Short US$ 2195 -134.2 -4.2 2497/2104 SATS 380 -16.0 -4.0 405/283 Chia Fibretech 88 -15.5 -15.0 255/54 SIA 1056 -15.0 -1.4 1291/957 BY PERCENTAGE CLOSE DOWN 52w high/low DBS MB eCW*****1 0.4 -71.4 -1.0
      77 words
    • Article
      Lock icon UNUSUAL ACTIVITY
      79 9 VOL CLOSE($) CHANGE Star Pharm 106.0 0.210 -0.130 -38.24 ISR Capital 63,600.0 0.011 +0.001 +10.00 Starburst 1,848.5 0.320 +0.040 +14.29 Blumont 65,025.8 0.003 -0.001 -25.00 Ziwo 239.8 0.032 -0.020 -38.46 B&M Trustees 3.2 4.100 +0.200 +5.13 Multi-Chem 16.0 0.540 +0.065 +13.68 Polaris 50,059.2 0.018 +0.002 +12.50 E2-Capital 760.5
      79 words
    • Article, Illustration
      Lock icon STI / FTSE ST All-Share
      36 9 STI FTSE ST All-Share WEEKLY FTSE ST All-Share Index Oct 9,2015 722.86 +45.12 (+6.66%) Current streak 1 day Week high 722.86 Week low 689.63 52-week high 845.85 (Apr 17, 2015) 52-week low 677.74 (OCt 2, 2015)
      36 words
    • Article, Illustration
      Lock icon STI / MSCI EAFE
      34 9 STI MSCI EAFE WEEKLY MSCI EAFE index Oct 9,2015 1,758.17 +89.30 (+5.35%) Current streak 8 days Week high 1,758.17 Week low 1,702.14 52-week high 1,949.49 (May 15, 2015) 52-week low 1,660.74 (Sept 25, 2015)
      34 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 9 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 9 2 4 0 0 0 9 2 4 Manufacturing 100 33 19 23 5 10 123 38 29 Commerce 41 21 9 13 3 6 54 24 15 Tpt/Stor/Comms 31 4 3
      186 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      123 9 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 161,418 161,418 508,717 508,717 Manufacturing 870,346 393,835 1,264,181 566,630 26,249 592,879 Commerce 681,840 337,304 1,019,144 451,597 15,554 467,151 Tpt/Stor/Comms 936,647 4,880 941,527 1,100,610 385 1,100,995 Finance 241,203 383 241,586 1,583,340 58 1,583,398 Construction 104,869 68,589
      123 words
    • Article, Illustration
      Lock icon Zinc surges as Glencore slashes output
      566 9 COMMODITIES AFP London THE price of zinc rebounded sharply this week after troubled Swiss mining giant Glencore slashed its output by a third, in a “significant” tightening of supplies, traders said. The industrial metal rallied to a two-month pinnacle at US$1,875 per tonne in
      AFP; PHOTO: AFP  -  566 words
    • Article
      Lock icon STI STOCKS
      303 9 Stock name Close Change Wk high/low 52w high 52w low PE Div yield Mcap Ascendas Reit 238 +5 241/233 271 213 6.1 6022.4 CapitaLand 315 +34 315/282 379 267 11.5 2.9 *****.7 CapitaMall Trust 198 +7 199/192.5 228 184.5 5.5 6871.4 CityDev 816 +47 820/770 1095 759 9.8
      303 words
    • Article
      Lock icon MOST ACTIVE
      34 9 VOLUME Noble 520,392,300 Ezra 361,768,400 StratechGroup 279,370,500 IHC 276,030,100 Golden Agri-Res 257,811,400 Market volume 8,673,235,000 VALUE DBS Grp 699,397,038 Singtel 602,567,689 UOB 382,692,896 OCBC Bank 372,405,881 Keppel Corp 334,848,254 Market value 6,469,001,000
      34 words
    • Article
      Lock icon SGX ETFs Most Active
      108 9 Fund Last sale +/-(‘000) Wk high/low 52w high/low Buy/Sell Mcap STI ETF 303 +19 2626 305/288 355/280 303/304 IS MS INDIA US$ US719 +24 1199 723/695 1000/648 717/721 89.9 Nikko AM STI ETF 308 +22 312 308/290 422/283 308/310 7.4 DBXT MSRussia US$ US190 +11 239
      108 words
    • Article
      Lock icon COMPANY MEETINGS
      153 9 COMPANY MEETING PLACE DATE TIME KLW Hldgs E 55 Market Street #03-01 12-Oct 10.00am Asia-Pac Strategic Invest E Antica 1, Level 2, Orchard Parade Hotel, 1 Tanglin Road 15-Oct 10.00am EMS Energy E 48 Boon Lay Way Violet Room (Lvl 3) 15-Oct 9.00am Chosen Hldgs A 17 Woodlands
      153 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      77 9 Oct 9 VALUE CLOSE BT OB/OS 402.00 +203.00 BT CADI -*****.00 +193.00 BT 10-day MA -*****.00 +40.00 FTSE ST Mid Cap 692.44 +9.02 FTSE ST Small Cap 421.01 +3.88 FTSE ST All Share 722.86 +10.61 FTSE ST China Top 176.81 +1.36 FTSE ST China 215.82 +1.54 FTSE
      77 words
    • Article
      Lock icon The weakness in a strong Singapore dollar
      420 10  -  CURRENCIES By Daniel Ang T The writer is an investment analyst at Phillip Futures COMPARED to regional currencies, the Singapore dollar (SGD) has stayed strong above the rest. With the US interest rate hikes set to be carried out towards the end of
      420 words
    • FOREX RATES
      • Article, Illustration
        Lock icon HANG SENG
        3 10 WEEKLY
        3 words
      • Article
        Lock icon INTERBANK CROSS RATES
        471 10 Oct 9 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.947 4.632 0.644 5.657 47.312 97.697 0.877 8.409 3.023 1.089 76.191 33.491 1.021 9.741 0.702 23.593 25.941 0.475 0.730 Canada 1.056 4.892
        471 words
      • Article, Illustration
        Lock icon SHANGHAI COMPOSITE
        3 10 COMPOSITEWEEKLY
        3 words
      • Article, Illustration
        Lock icon DOW JONES
        3 10 WEEKLY
        3 words
      • Article, Illustration
        Lock icon NIKKEI
        2 10 WEEKLY
        2 words
      • Article
        Lock icon INTERBANK CURRENCY RATES
        155 10 Oct 9 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.0201 1.0209 0.7297 0.7301 Canadian dollar 1.0776 1.0780 0.7710 0.7708 Euro 1.5848 1.5855 1.1336 1.1339 NZ dollar 0.9374 0.9377 0.6705 0.6706 Sterling pound 2.1476 2.1483 1.5362 1.5364
        155 words
      • Article
        Lock icon US$/S$ FORWARD RATES
        22 10 Oct 9 S$ Bid Offer 1-month 1.3988 1.3992 2-months 1.3997 1.4003 3-months 1.4007 1.4012 6-months 1.4035 1.4042 Source: OCBC
        22 words
    • EQUITY BONDS WARRANTS FUTURES
      • Article
        Lock icon BONDS, WARRANTS, PREFERENCE SHARES Most active
        202 10 Oct 9 Prem Expiry Wk Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Rowsley Ltd W*****3 3 0.2 ***** 1 18 12 DBS MB eCW*****1 13.2 6.4 ***** 0.1 1860 4 KepCorp MB eCW*****1 11.9 5.3 ***** 0.2 780
        202 words
      • Article
        Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
        373 10 In local curr In S$ In US$ dy yr dy yr dy yr Oct 9 Index Change Change Change Change Change Change World Preliminary 1269.4 0.4 -0.5 -0.6 2.9 0.6 -2.1 EAFE Preliminary 1009.6 1.1 2.3 0.2 4.2 1.4 -0.9 Europe Preliminary 1412.6 0.6 2.2
        373 words
      • Article
        Lock icon SGX DERIVATIVES TRADING
        387 10 Oct 9 OPEN HIGH LOW SETT VOL OP/INT FTSE CHINA A50 INDEX FUTURES Oct15 9612.50 9740.00 9565.00 9600.00 *****2 *****3 Nov15 9500.00 9625.00 9500.00 9602.50 926 1886 NIKKEI 225 INDEX FUTURES Dec15 *****.00 *****.00 *****.00 *****.00 ***** *****9 Mar16 *****.00 *****.00 *****.00 *****.00 68 650 MSCI TAIWAN
        387 words
    • BANK RATES
      • Article
        Lock icon INTERBANK RATES
        154 10 Oct 9 $S Offer Bid 0vernight 0.03 Par 1-month 1.0 0.875 2-months 1.0625 0.9375 3-months 1.125 1.0 Overnight mode: 0.02 US$ Offer Bid 7 days 0.22 0.12 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 GOVERNMENT SECURITIES
        65 10 Oct 9 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0F 1.375 01-Oct-17 100.45 100.46 100.45 5-Year N*****0S 2.000 01-Jul-20 100.64 100.93 100.75 10-Year NX*****Z 2.375 01-Jun-25 98.89 99.22 98.79 15-Year NZ*****F 2.875 01-Sep-30 100.48 20-Year NZ*****V 3.375 01-Sep-33 107.24 107.43 107.43
        65 words
    • AGRI METALS ENERGY
      • Article
        Lock icon COMMODITY FUTURES
        193 10 Oct-9 Price Net change change Last Trade Agricultural Oct-9 CBOT Soybeans (US cents/bu) 885.75 4.50 0.51% 13/11/2015 CBOT Soybean Oil (US cents/lb) 28.17 0.00 0.00% 14/10/2015 CBOT Wheat (US cents/bu) 509.25 -2.25 -0.44% 14/12/2015 Oct-9 LIFFE Cocoa (£/tonne) 2084.00 -9.00 -0.43% 14/12/2015 LIFFE Coffee (US$/tonne) 1623.00 41.00 2.59%
        193 words
      • Article, Illustration
        Lock icon PALM OIL
        55 10 KLCE Palm Futures (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Oct 15 2176.0 2168.0 2176.0 2176.0 11 1631 Nov 15 2205.0 2182.0 2219.0 2180.0 1267 ***** Dec 15 2239.0 2217.0 2258.0 2216.0 ***** ***** Jan 16 2271.0 2251.0 2289.0 2250.0
        55 words
    • Article
      Lock icon Buying by directors loses steam
      1637 11  -  INSIDE MARKETS By Robert Halili T The writer is managing director, Asia insider Limited THE buying by directors plunged after rising for two straight weeks based on filings on the Singapore Exchange from Oct 5 to 9. A total of 19 companies recorded 35 purchases
      1,637 words
    • Article
      Lock icon DIVIDENDS ANNOUNCED
      980 11 Payment Ex Rec Pay Ann (cts) date date date date AIMS Prop Secu do 0.122 28-Sep 30-Sep 18-Dec 23-Sep Asiatic Grp ak 0.040 28-Sep 30-Sep 15-Oct 21-Aug ASL Marine Hldgs ak 0.400 04-Nov 06-Nov 17-Nov 28-Aug Avi-Tech Electronics ak 0.300 03-Nov 05-Nov 18-Nov 27-Aug Avi-Tech Electronics bh 0.700
      980 words
    • Article
      Lock icon BROKERS’ RECOMMENDATIONS
      1309 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 10.46 0.93 0.65 AIMS AMP Cap Industrial Reit 1.00 1.00 1 0.12 11.74 1.77 1.39 ARA Asset Mgt 1.25 1.25 2 0.09
      1,309 words
    • Article
      Lock icon SGX MAINBOARD
      2166 12 Week Ended: Oct 9 52-Wk Last Vol Week Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/E $mil 82 42 8Telecom Last Sale vol ('000) 62 25 AEM week LOW Div 153 131.5 AIMSAMP Cap Reit GrYld 183 129.5 ARA Asset Mgmt 140.5 +7.5
      2,166 words
    • Article
      Lock icon SGX CATALIST
      424 12 52-Wk Last Vol Week Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/E Company Last Sale 13.5 3.9 t Abundance Intl ('000) 1 0.3 t Advanced Systems 0.4 unch 1920 0.5 0.4 10.5 week LOW Div C'vr GrYld Net P/E MCap 35 10 t
      424 words
    • Article
      Lock icon SGX ETF
      209 12 52-Wk Last Vol Week Div GrYld Net MCap High Low Counter Sale +/-(’000) High Low C’vr P/E Counter 163 112 CIMB APAC Div S$D 120.5cd +6.1 12 120.5 117.8 107.7 78.5 CIMB APAC Div US$ US86.4cd +7.9 10 86.4 86.4 9.1 1440 991 CIMBASEAN40 S$D 1185 +108 3
      209 words
  • Page 6 Advertisements
    • Advertisement
      Lock icon Page 6 Advertisements Column 1
      1412 6 NOTICES SPINDEX INDUSTRIES LIMITED (Incorporated in the Republic of Singapore) (Registration No. *****1451M) NOTICE OF THE 28TH ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 28th Annual General Meeting of the Company will be held at 6 Neythal Road Singapore *****3 on Tuesday, 27 October 2015 at 2.30 p.m.
      1,412 words
Page thumbnail Page 7
  • Page 7 Advertisements
    • Advertisement
      Lock icon Page 7 Advertisements Column 1
      1323 7 (a business trust constituted on 7 May 2012 under the laws of the Republic of Singapore) Managed by Croesus Retail Asset Management Pte. Ltd. (Registration Number *****5175K) CROESUS RETAIL TRUST (“CRT”) is the first Asia-Pacific retail business trust with a portfolio located in Japan and listed on the Singapore Exchange
      1,323 words
Page thumbnail Page 8
Page thumbnail Page 9
Page thumbnail Page 10
  • Page 10 Advertisements
    • Advertisement
      Lock icon Page 10 Advertisements Column 1
      160 10 Enjoy zero-commission trading and tight spreads*. Trade Forex with Phillip Futures 6538 0500 futures@phillip.com.sg www.phillipfutures.com.sg 250 North Bridge Road #07-01 Raffles City Tower Singapore *****1 *Terms and conditions apply. This advertisement is for general information only and does not constitute a recommendation, offer or solicitation to buy or sell any
      160 words
Page thumbnail Page 11
Page thumbnail Page 12
  • Page 12 Advertisements
    • Advertisement
      Lock icon Page 12 Advertisements Column 1
      71 12 ON THIS OPPORTUNITY Reach out to investors and affluent readers in this Investor Information Page. Advertise at less than $5,800 per full colour ad (a special package for 4 leading newspaper titles The Straits Times, The Business Times, Lianhe Zaobao and The New Paper Sunday). Contact our Sales Team now!
      71 words
Page thumbnail Page 13
  • REAL ESTATE
    • Article, Illustration
      Lock icon Rich Chinese face backlash in North America’s costliest city
      1015 13 Vancouver’s surging property prices have triggered protest movements by people shut out of home ownership BLOOMBERG Calgary JAMES Hankle, a 50-something software engineer sporting blue jeans and a Green Party T-shirt, is explaining his fix for Vancouver’s runaway property prices when
      BLOOMBERG; PHOTO: REUTERS  -  1,015 words
    • Article
      Lock icon Developer plans aggressive expansion as Egyptians exit Cairo
      322 13 BLOOMBERG Cairo PALM Hills Developments SAE is planning “aggressive” expansion as more Egyptians move outside congested Cairo and invest savings in real estate rather than the declining stock exchange or foreign currency. The luxury real estate developer will sign a contract this
      BLOOMBERG  -  322 words
    • Article
      Lock icon For sale: San Francisco Bay Area’s largest ready-to-build site
      428 13 BLOOMBERG Seattle THE largest entitled development site in the San Francisco Bay area is up for sale, providing a construction option for technology companies seeking space in a tight market and foreign buyers eager to invest in US property. Shorenstein Properties
      BLOOMBERG  -  428 words
  • Page 13 Advertisements
    • Advertisement
      Lock icon Page 13 Advertisements Column 1
      281 13 PAYA UBI INDUSTRIAL PARK $1.50psf $350psf ONWARDS 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 K-FOOD FRANCHISE ASEAN ROADSHOW 2015 SINGAPORE Ministry of Agriculture, Food and Rural Affairs Organised By Korea Agro-Fisheries Food Trade
      281 words
Page thumbnail Page 14 / 15
Page thumbnail Page 16
  • VIEWS FROM THE TOP
    • Article, Illustration
      Lock icon More clout for shareholders?
      3482 16 THIS WEEK’S TOPIC: Should shareholders have a greater say in corporate governance? What key matters should require shareholder approval? Victor Mills Chief Executive Singapore International Chamber of Commerce (SICC) SHAREHOLDERS should take a greater role in holding boards of directors and senior management to account for
      FILE PHOTO  -  3,482 words
Page thumbnail Page 17
  • Page 17 Advertisements
    • Advertisement
      Lock icon Page 17 Advertisements Column 1
      2349 17 NOTICES TOLL FREE 1800 289 8822 I E ma il no t i ces s p h com s g I www s p h c l ass com s g no t i ces NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of
      2,349 words
Page thumbnail Page 18
  • BT-CITIBANK YOUNG INVESTORS’ FORUM
    • Article, Illustration
      Lock icon Follow Tencent, China’s Internet gaming giant
      1466 18  -  Understanding how the firm makes money is crucial for investors looking to get exposed to the Hang Seng Index By Cai Haoxiang haoxiang@sph.com.sg @HaoxiangCaiBT TWO weeks ago, this column featured Hong Kong’s Hang Seng Index (HSI), and argued that the rule of law in
      Source: Compiled from Tencent's investor kit, Bloomberg  -  1,466 words
    • Article, Illustration
      Lock icon Cyberspace: beguiling, fickle and free
      1633 18  -  MONDAY MULTIPLE By Cai Haoxiang haoxiang@sph.com.sg @HaoxiangCaiBT “Only connect! That was the whole of her sermon. Only connect the prose and the passion, and both will be exalted, and human love will be seen at its height. Live in fragments no longer. Only connect and
      Source: Bloomberg; PHOTO: REUTERS  -  1,633 words
  • Page 18 Advertisements
    • Advertisement
      Lock icon Page 18 Advertisements Column 1
      105 18 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
Page thumbnail Page 19
  • BANKING & FINANCE
    • Article
      Lock icon Indian states to sell bonds to foreign investors
      505 19 Competition for funds in sale of up to US$7.6b in debt could force spendthrift provinces to clean up their books and tighten spending controls REUTERS Mumbai INDIA’S states are gearing up to sell up to US$7.6 billion in debt to foreign investors
      REUTERS  -  505 words
    • Article
      Lock icon Deutsche Bank said to weigh sale of Abbey Life unit
      450 19 BLOOMBERG Frankfurt DEUTSCHE Bank AG, Germany’s largest bank, is considering the sale of a unit which helps pension funds protect themselves against the risk of their members living longer than expected, according to people familiar with the discussions. No decision
      BLOOMBERG  -  450 words
  • Page 19 Advertisements
    • Advertisement
      Lock icon Page 19 Advertisements Column 1
      24 19 Buy new musical instruments or put up your old ones for sale in CLASS 72 To advertise, call the Print Classified Hotline: 1800-289 9988
      24 words
    • Advertisement
      Lock icon Page 19 Advertisements Column 2
      103 19 IN A CHANGING WORLD, TENNIS FANS TRAIN AS HARD AS THE PLAYERS. -tm W •> nLi, i'. vi fcj .rfj.:ap» «s w k fe;> I R* ,I/V' ST’l W* '1 r, X CO fc£3 > *1 >, s W *1 WE ARE TENNIS PAN ACAOfMY M fc r JOHN M
      103 words
Page thumbnail Page 20
  • ENERGY & COMMODITIES
    • Article, Illustration
      Lock icon Indian govt eyes gold stash but faces tight grip
      860 20 The govt is trying to persuade people to lend their gold to banks through the new Gold Monetisation Scheme AFP New Delhi CARESSING delicate bangles she hasn’t taken off since her wedding 11 years ago, Geetanjali Agarwal says she won’t hand
      AFP; PHOTO: AFP  -  860 words
  • Page 20 Advertisements
Page thumbnail Page 21
  • TECHNOLOGY
  • Page 21 Advertisements
    • Advertisement
      Lock icon Page 21 Advertisements Column 1
      17 21 Choose from Prime Stock Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Tenders Auctions Notices
      17 words
    • Advertisement
      Lock icon Page 21 Advertisements Column 2
      128 21 North America will export more oil than it imports by 2020. The global energy landscape is changing dramatically. For example, North American oil and natural gas production is sending the region’s demand for imports plummeting to historic lows. This creates opportunities as well as risks. CME Group gives producers and
      128 words
Page thumbnail Page 22
  • CONSUMER
    • Article
      Lock icon Japan Inc sounds alarm on consumer spending
      726 22 low wage growth, rising food prices pinch households; stuttering economy a growing headache for policymakers REUTERS Tokyo DO NOT believe in official statistics, Japanese retailers seem to be saying, as they cut earnings forecasts and warn of lacklustre consumer spending, a key growth
      REUTERS  -  726 words
    • Article, Illustration
      Lock icon India rate cut to spur consumer spending
      636 22 REUTERS Mumbai THE way car salesman Ashish Bhavsar tells it, in India, men come first on their own to eye up a potential purchase. Then they bring their wives. Then if it’s serious the whole family. On this weekday, almost two weeks after
      REUTERS; PHOTO: BLOOMBERG  -  636 words
  • Page 22 Advertisements
    • Advertisement
      Lock icon Page 22 Advertisements Column 1
      188 22 BuildTech Asia 2015 International Building Technology Expo A part of SINGAPORE CONSTRUCTION PRODUCTIVITY WEEK 2015 TOWARDS SMART BUILDING CONSTRUCTION Key Activities at a Glance m kill 1 mi' m jjiminn 1 Networking BIM Shoot-out will be held on 5th October 201 5 Chill-out at the Sundowners 13-15 OCTOBER 2015 Singapore
      188 words
Page thumbnail Page 23
  • Page 23 Advertisements
    • Advertisement
      Lock icon Page 23 Advertisements Column 1
      185 23 NOTICES TOLL FREE 1800-289-8822 I Email notices@sph.com.sg I www.sphclass.com.sg/notices IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF URBAN EAST DEVELOPMENTS PTE. LTD. (IN MEMBERS’ VOLUNTARY LIQUIDATION) (UEN No: *****1437R) FINAL MEETING NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the Companies Act, Cap.
      185 words
    • Advertisement
      Lock icon Page 23 Advertisements Column 2
      172 23 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF NANYANG MARITIME (S’PORE) PTE LTD (IN LIQUIDATION) (Company Registration no. *****0164C) NOTICE OF FINAL MEETING Notice is hereby given that pursuant to Section 308 of the Companies Act, Chapter 50, the Final Meeting of the Member
      172 words
    • Advertisement
      Lock icon Page 23 Advertisements Column 3
      197 23 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF EMERALD ASSETS LIMITED (IN MEMBERS’ VOLUNTARY LIQUIDATION) CO. REG. NO. *****7599M NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of the Companies Act, Cap. 50, that a Final Meeting of the Members of the abovenamed Company
      197 words
    • Advertisement
      Lock icon Page 23 Advertisements Column 4
      0 23
      0 words
Page thumbnail Page 24
  • GOVERNMENT & ECONOMY
Page thumbnail Page 25
  • Page 25 Advertisements
Page thumbnail Page 26
  • TRANSPORT
    • Article
      Lock icon US agency probing a second suspect software in VW diesel engines
      562 26 Enquiry into a second program in cars to be sold in 2016 may reveal the company failed to disclose information BLOOMBERG Munich THE US Environmental Protection Agency is investigating a second emissions control software program in Volkswagen AG cars
      BLOOMBERG  -  562 words
    • Article, Illustration
      Lock icon SIA plane collapses at Changi Airport
      210 26 Singapore THE nose gear of a Singapore Airlines (SIA) plane collapsed while at Changi Airport on Sunday. The Straits Times said in a report that the Airbus A330-300 had been undergoing a landing gear system check and was at a gate at about 8am
      PHOTO: INTERNET  -  210 words
    • Article
      Lock icon Families brace for final MH17 air crash report
      622 26 AFP The Hague INTERNATIONAL investigators will on Tuesday release their final report into the shooting down of Malaysia Airlines flight MH17 over war-torn Ukraine, but the burning question of who was to blame will remain unresolved. The Dutch Safety Board (OVV), leading
      AFP  -  622 words
    • Article
      Lock icon Ferrari valued at US$9.8b as parent sells 10% stake in US IPO
      492 26 REUTERS Milan ITALIAN luxury carmaker Ferrari expects its US initial public offering to be priced in a range of between US$48 and US$52 per share, which could value the company at up to US$9.8 billion, it said. Parent
      REUTERS  -  492 words
    • Article
      Lock icon SHIPPING TIMES
      1927 27 MONTREAL 10 120 29/7 30/7 4/8 MONTREAL 10 120 29/7 30/7 4/8 EASTERN CAR LINER, LTD SPECIALIZE IN RORO HEAVY LIFT INTRA-ASIA SERVICE VOY Ramp(KT) Lifting(KT) SIN PKL KUC KK JKT SUR DEL SOL 030 40 122 26/10 27/10 30/10 PRECIOUS CORAL 001 60 29/10 1/11 4/11 6/11
      1,927 words
  • Page 26 Advertisements
    • Advertisement
      Lock icon Page 26 Advertisements Column 1
      1334 26 NOTICES T O LL FREE 1 800 289 8822 I E ma il no ti ces s p h com s g I www s p h c l ass com s g no ti ces IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF
      1,334 words
Page thumbnail Page 27
  • Page 27 Advertisements
    • Advertisement
      Lock icon Page 27 Advertisements Column 1
      177 27 Equipment Processing Centre (EPC) within Jurong Port (FTZ) Providing a one-stop solution for all your logistics needs C a l l 8 1 2 1 0 9 6 6 o r e m a i l 2 WA S S I N E P C O p e r a
      177 words
Page thumbnail Page 28
  • LIFE & CULTURE
    • Article
      Lock icon Hollywood women say ‘no more’ to pay disparity, harassment
      550 28 AFP Los Angeles HOLLYWOOD actresses bemoan pay disparity with their male counterparts, as well as the despised “casting couch” –where film executives sometimes make sexual advances before deciding who gets a coveted movie role. But some of Hollywood’s top female stars
      AFP  -  550 words
    • Article, Illustration
      Lock icon New urban canvas for Taiwan’s graffiti artists
      865 28 Rundown districts around the island have become legalised graffiti zones AFP Taipei ONCE vilified by the authorities and threatened with jail, Taiwan’s graffiti artists are now being encouraged to get out their spray cans to revive urban areas. Rundown districts around the island
      AFP; PHOTO: AFP  -  865 words
    • Article, Illustration
      Lock icon Hamilton wins dramatic Russian Grand Prix
      478 28 REUTERS Sochi, Russia LEWIS Hamilton won a dramatic Russian Formula One Grand Prix on Sunday to take a huge step towards his third world championship after Mercedes team mate Nico Rosberg retired early on with throttle failure. The win was Hamilton’s ninth of the
      REUTERS; PHOTO: REUTERS  -  478 words
  • Page 28 Miscellaneous
    • Miscellaneous
      Lock icon Page 28 Miscellaneous Column 1
      341 28 CRYPTIC CROSSWORD Across 1 Fluid duct drained, fixed in advance (3,3,5) 7 Form of advertisement bad, put in rubbish container, not much good (7) 8 Police department brings in lots all about to become vigorous (7) 10 Pick out some in bunch as terrorists, immoral (8) 11 Soft corrosion on
      341 words
Page thumbnail Page 29
Page thumbnail Page 30
  • Page 30 Advertisements
    • Advertisement
      Lock icon Page 30 Advertisements Column 1
      40 30 ICBC (0) Private Banking ■-W'S No matter where you are in the world 1 JtV« We understand v Wk. v WP v your wealth 1,7 > t IK Si Mu 1 www.icbc.com.sg 6436 6506 INDUSTRIAL AND COMMERCIAL BANK OF CHINA Dhb(S)SCI.iCbC.COm.Cn
      40 words
Page thumbnail Page 31
  • Page 31 Advertisements
    • Advertisement
      Lock icon Page 31 Advertisements Column 1
      33 31 8"*****1 *****4 ICBC «ftARni#i5fe«fT r r i i Your P y. r m 1 i a 't t I i —r* if, u.i 7 www.icbc.com.sg INDUSTRIAL AND COMMERCIAL BANK OF CHINA 6369 5588
      33 words
Page thumbnail Page 32
  • Page 32 Advertisements
    • Advertisement
      Lock icon Page 32 Advertisements Column 1
      57 32 ffi |5| jftj The Sole RMB Clearing Bank in Singapore ILDL \B5/ T" 1 1=1 -L TO IT Your Preferred RMB Bank ICBC Custody and Escrow Services Integrity Leads to prosperity. Let us safeguard your assets. Enquire with us today. custody@sg.icbc.com.cn 6709 1388 7 j mil i k i s'
      57 words