The Business Times, 27 October 2015

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Microfilm: NL33641
Total Pages: 29
1 30 The Business Times
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  • Title Section
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    33 1 THE BUSINESS TIMES 2015 SOCIETY OF NEWS DESIGN EXCELLENCE AWARD■BEST IN OVERALL REDESIGN■ 5$1.00 q:h A SINGAPORE PRESS HOLDINGS PUBLICATION wvvw.businesstimes.com.sg U D@BTBreakingnews CO REGN NO ’l*****868E MCI (P) 039/08/2015 Tuesday, October 27,2015
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  • Article, Illustration
    Lock icon DAILY DIGEST
    244 1 Nomura says that Singapore has failed in its economic restructuring drive to lift productivity, and that the drag on economic growth will last until the end of the decade. TOP STORIES 2 Singapore’s electricity market will be fully liberalised by 2018, with all consumers being able to choose
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  • Article, Illustration
    Lock icon Singapore must prepare for economic slowdown: PM Lee
    943 1  -  Country better placed than most others to tackle twin challenges of globalisation and technology advances By Lee U-Wen leeuwen@sph.com.sg @LeeUwenBT Singapore WITH the global economy facing cyclical headwinds, Prime Minister Lee Hsien Loong has warned that Singapore must brace itself to handle
    PHOTO: LIM SIN THAI / THE STRAITS TIMES  -  943 words
  • Article
    Lock icon MARKETS
    28 1 MARKETS Monday Change STI 3,083.07 +14.61 KL COMP 1,706.79 -4.14 NIKKEI 225 18,947.12 +121.82 HANG SENG 23,116.25 -35.69 SHENZHEN B 1,167.06 +6.18 DOW (11.45 EDT) 17,627.02 -19.68
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  • Article
    Lock icon Perpetual bonds stay hot, hitting S$2.5b year to date
    703 1  -  By Siow Li Sen lisen@sph.com.sg @SiowLiSenBT Singapore PERPETUAL bonds have become arguably the hottest asset class in Singapore as investors continue with their relentless search for yield. On Monday, Keppel Reit sold S$150 million perpetual bonds, the second such sale of
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      71 1 ||llllllllllll||lllllllllll| 8 *****1 *****4 ‘{2} A v‘ -7 .93 fif I J i Mastering technology fora fig:-3 competitive edge g H ,?"_‘g. SME/30 V-W Tradition Tourbillon 7047 u on 4i J7 a s S' nn A_ 'S Depuis 1775 SINCERE ESTD 1954 SINCERE FINE WATCHES Takashimaya S.C. Ngee Ann City
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      31 1 GCB TRANSACTIONS T Deals in first 9 months up from year ago REAL ESTATE 16 V CORPORATE BANKING Barclays wants to connect Asian businesses to the African region TOP STORIES 4
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      11 1 FACTORY OUTPUT September fall revives technical recession chatter TOP STORIES 2
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      14 1 Factory output fall revives technical recession chatter, Page 2 Reports on tripartism, Page 5
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  • TOP STORIES
    • Article, Illustration
      Lock icon Factory output fall revives technical recession chatter
      705 2  -  Industrial production continues to contract for the eighth straight month in September By Kelly Tay kellytay@sph.com.sg @KellyTayBT Singapore TALK of a third-quarter technical recession was revived on Monday, after data showed that manufacturing output continued to contract for the eighth straight month in
      Source: Singapore Economic Development Board (EDB)  -  705 words
    • Article
      Lock icon Restructuring fails to lift productivity, drag on economy to go on: Nomura
      666 2  -  By Soon Weilun soonwl@sph.com.sg @SoonWeilunBT Singapore SINGAPORE’S drive in restructuring its economy to lift productivity has failed thus far, and its drag on economic growth is expected to last until the end of this decade, said Nomura’s Global
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    • Article, Illustration
      Lock icon Property price drop will only have a small impact on GDP growth: Nomura
      431 2  -  By Kelly Tay kellytay@sph.com.sg @KellyTayBT Singapore A CONTINUED softening in Singapore property prices would only have a relatively small impact on GDP growth, said Nomura in a report published on Friday. “More formally, a 10 per cent
      PHOTO: BLOOMBERG  -  431 words
    • SINGAPORE ENERGY WEEK
      • Article
        Lock icon Electricity retail market to be fully open by 2018
        858 4  -  All consumers, including households, will be able to choose their own electricity retailers By Andrea Soh sandrea@sph.com.sg @AndreaSohBT Singapore SINGAPORE’S electricity market will be fully liberalised by 2018, with all consumers including households being able to choose their own electricity retailers,
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      • Article
        Lock icon Singapore preparing to develop domestic secondary gas trading market
        819 4  -  By Andrea Soh sandrea@sph.com.sg @AndreaSohBT Singapore SINGAPORE is now looking to develop a secondary gas trading market in earnest, with the Energy Market Authority (EMA) launching a consultation paper to seek feedback on how this should be implemented. This will go
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    • Article
      Lock icon MPA’s LNG bunkering drive gives shipbuilding sector a boost
      1377 4  -  GASTECH 2015 By Tan Hwee Hwee hweetan@sph.com.sg @HweetanBT Singapore AS Singapore plays host this week to Gastech 2015 one of the biggest events celebrating gas technology advancements the island nation will get a boost in the liquefied natural gas (LNG) shipbuilding
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    • Article, Illustration
      Lock icon Barclays opens up an African corridor to Asian businesses
      887 4  -  By Jamie Lee leejamie@sph.com.sg @JamieLeeBT Singapore BARCLAYS expects to drive its corporate banking business by connecting growing Asian businesses to the African region, where the bank has had significant operations for no less than a century, say top executives. This comes
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    • Article
      Lock icon Partnership of trust still robust in Singapore
      484 5  -  But changes might threaten some pillars that support this philosophy, warns Cornell University professor TRIPARTISM AT WORK By Chuang Peck Ming peckming@sph.com.sg @PeckmingBT Singapore SINGAPORE is about the only country in the world where tripartism is still working well, but it faces big
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    • Article, Illustration
      Lock icon The grooming of future tripartite leaders
      414 5  -  By Chuang Peck Ming peckming@sph.com.sg @PeckmingBT Singapore LABOUR chief Chan Chun Sing, casting an eye on grooming the next generation of tripartite leaders, is pushing for younger unionists to work on tripartite committees. He is thus stepping up the cross-posting of union leaders and
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  • Page 5 Advertisements
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      33 5 M I i »Si r k Villeret Collection IB 1735 BlancpaiN MANUFACTURE DE HAUTE HORLOGERIE BLANCPAIN BOUTIQUE MARINA BAY SANDS SHOPPES 2 BAYFRONT AVENUE #B2M-237 (CASINO LEVEL) SINGAPORE *****2 TEL 6634 8771 www.blancpain.com
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  • COMPANIES & MARKETS
    • Article
      Lock icon RafflesMed’s Q3 profit up 1.2% at S$15.6m
      601 6  -  Revenue up 7.4% at S$101.5m with boost from hospital and healthcare services units By Claire Huang huangjy@sph.com.sg @ClaireHuangBT Singapore REFLECTING steady growth, Raffles Medical Group on Monday posted a 1.2 per cent year-on-year rise in third-quarter net profit to S$ 15.6 million even
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    • CORPORATE DIGEST
      • Article
        Lock icon Keppel Land
        109 6 IN celebration of Singapore’s Golden Jubilee, Keppel Land, with the support of the Ministry of Culture, Community and Youth under its SG Celebration Fund, is holding a roving exhibition which showcases the transformation of the city’s landscape. The 50-day exhibition, named “Singapore Unboxed”, will feature stories behind the
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      • Article
        Lock icon ARA Asset Management
        103 6 ara Asset Management said that its subsidiary, ara Korea, has launched a new privately held Reit. Named ARA ShinYoung Residential Development Real Estate Investment Company, with a mandate to invest in South Korean homes, it has this month completed its first investment in a residential project in
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      • Article
        Lock icon Hyflux
        95 6 THE National Environment Agency (NEA) on Monday signed a waste-to-energy services agreement with a consortium comprising Hyflux and Mitsubishi Heavy Industries. The consortium, through its project company TuasOne, will build Singapore’s sixth waste-to-energy plant and will provide waste-to-energy services to NEA over a 25-year period from 2019 to 2044.
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    • Article
      Lock icon Addvalue shares soar on news of One Belt, One Road deal
      534 8  -  Shares up 40.4% with 76.5m shares traded, bucking downward trend since beginning of this year By Lynette Khoo lynkhoo@sph.com.sg @LynetteKhooBT Singapore NEWS of involvement in a major communications project associated with China’s One Belt, One Road initiative brought life
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    • Article
      Lock icon China rate cut may prompt Fed to raise US borrowing costs: Nomura
      440 8 BLOOMBERG Singapore CHINA’S interest rate cut will lead the Federal Reserve to raise borrowing costs in the US this year, according to John Gorman, the head of dollar-de-nominated debt trading for Asia and the Pacific at Nomura Holdings
      BLOOMBERG  -  440 words
    • Article
      Lock icon Oxley offers up to S$125m retail bonds in maiden issue
      573 8  -  By Lynette Khoo lynkhoo@sph.com.sg @LynetteKhooBT Singapore HOMEGROWN developer Oxley Holdings has launched its first retail bond offering to raise up to S$125 million. These four-year bonds due 2019 will be issued by the group’s wholly owned unit Oxley MTN Pte
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    • Article, Illustration
      Lock icon Najib’s Budget fails to cheer market
      736 9  -  Analysts see incremental handouts having limited impact amid headwinds facing Malaysia By Pauline Ng btworld@sph.com.sg Kuala Lumpur DESPITE many giveaways, Malaysia’s stock market found little to cheer in Budget 2016 as investors and consumers remained cautious whether the incremental handouts would be sufficient in
      PHOTO: AFP  -  736 words
    • Article
      Lock icon Aberdeen shares surge on report that it is seeking buyers
      162 9 BLOOMBERG London ABERDEEN Asset Management Plc shares rose the most since April 2014 in London trading after a newspaper reported that the company has begun to sound out potential buyers. The shares rose as much as 7.2 per cent to
      BLOOMBERG  -  162 words
    • Article
      Lock icon PRIME LENDING RATES
      262 9 OCt 23 BANKS Agricultural Bank Of China Agricultural Bank Of China ...5.50 Bangkok Bank Public Co. Ltd 6.00 ...5.50 Bank of Communications 5.50 Bank of East Asia Bank of China Limited ...5.50 Bank of Communications Bank of Tokyo-Mitsubishi Bank of East Asia Banque Internationale a Bank of
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      Lock icon STI closes higher despite profit-taking
      709 10  -  Gainers pip losers 5-4 on momentum from Friday’s news of China’s monetary policy easing STOCKS By Melissa Tan melissat@sph.com.sg @MelissaTanBT THE local market got an early leg-up but squandered nearly half of that gain by the closing bell on Monday, as wary investors decided to
      Source: Bloomberg  -  709 words
    • Article
      Lock icon STI STOCKS
      307 10 Stock name Close Change Day high/low 52w high 52w low PE Div yield Mcap Ascendas Reit 246 cd -4 252/245 271 213 5.9 6224.9 CapitaLand 317 +3 320/316 379 267 11.6 2.8 *****.1 CapitaMall Trust 207 cd +2 207/204 228 184.5 5.2 7183.7 CityDev 840 unch 848/836 1095
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    • Article
      Lock icon MOST ACTIVE
      36 10 VOLUME New Silkroutes 319,050,000 Noble 96,661,100 Addvalue Tech 76,516,700 Yuuzoo 65,919,700 QT Vascular 54,468,300 Market volume 1,931,987,000 VALUE Singtel 95,102,054 DBS Grp 72,768,117 JMH USD 59,002,159 Noble 54,314,959 OCBC Bank 53,064,303 Market value 1,128,502,000
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    • Article
      Lock icon SGX ETFs
      112 10 Most Active Fund Last sale +/-(‘000) Day high/low 52w high/low Buy/Sell Mcap STI ETF 313 +2 198 314/313 355/280 312/313 ABF SG Bond ETF 115.4 178 117/115.4 123.5/110.2 115.4/115.5 526.8 IS MS INDIA US$ US720 -3 138 726/719 1000/648 720/725 90 DBXT MSPHILS US$ US201.1 +6.1 41 201.1/201.1
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    • Article
      Lock icon OTHER SINGAPORE INDICES
      77 10 Oct 26 VALUE CLOSE BT OB/OS 308.00 -101.00 BT CADI -*****.00 +28.00 BT 10-day MA -*****.00 +30.00 FTSE ST Mid Cap 718.35 +6.25 FTSE ST Small Cap 432.97 +1.11 FTSE ST All Share 743.17 +4.16 FTSE ST China Top 184.69 +1.74 FTSE ST China 227.37 +3.50 FTSE
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      Lock icon STI / FTSE ST All-Share
      35 10 STI FTSE ST All-Share ftse ST All-Share index Oct 26,2015 743.17 +4.16 (+0.56%) Current streak 4 days Day high 747.04 Day low 743.04 52-week high 847.98 (Apr 15, 2015) 52-week low 676.13 (Sept 29, 2015)
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      Lock icon STI / MSCI EAFE
      33 10 STI MSCI EAFE MSCI EAFE Index Oct 23,2015 1,777.37 +17.75 (+1.01%) Current streak 3 days Day high 1,790.63 Day low 1,753.72 52-week high 1,949.49 (May 15, 2015) 52-week low 1,609.50 (Sept 29, 2015)
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    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 10 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 6 4 3 0 0 0 6 4 3 Manufacturing 46 36 28 6 17 8 52 53 36 Commerce 17 18 18 3 7 4 20 25 22 Tpt/Stor/Comms 13 14 7
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      123 10 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 21,329 21,329 83,246 83,246 Manufacturing 163,435 103,856 267,291 101,627 11,092 112,719 Commerce 454,028 45,547 499,575 154,639 3,077 157,716 Tpt/Stor/Comms 162,091 220 162,311 200,659 19 200,678 Finance 20,488 62 20,550 193,910 9 193,919 Construction 22,973 6,432
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    • Article
      Lock icon GAINERS
      76 10 BY CENTS CLOSE UP 52w high/low DBXT Vietnam US$ 2467 128.1 3.9 2963/2139 JMH USD 5400 103.1 1.4 6788/4502 Jardine C&C 3305 65.0 2.0 4269.7/2636 Lyxor ChinaH US$ 1530 62.7 3.0 2055/1250 IS MSCI SIN US$ 1150 54.3 3.5 1350/989 BY PERCENTAGE CLOSE UP 52w high/low SingtelMBeCW*****4 5.9 84.4
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    • Article
      Lock icon LOSERS
      73 10 BY CENTS CLOSE DOWN 52w high/low GLD US$ ***** -111.4 -0.7 *****/***** SIA 1100 -16.0 -1.4 1291/957 Sembcorp Ind 361 -9.0 -2.4 495/300 Universal Res 37 -6.0 -14.0 158/22.5 Lyxor Cmdty 179 -5.6 -2.2 254/175 BY PERCENTAGE CLOSE DOWN 52w high/low DBS MB eCW*****1 0.1 -75.0 -0.3 15.5/0.1 AP
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    • Article
      Lock icon UNUSUAL ACTIVITY
      84 10 VOL CLOSE($) CHANGE Addvalue Tech 76,516.7 0.073 +0.021 +40.39 MSC 105.5 0.635 +0.085 +15.46 CFM 150.0 0.042 -0.008 -16.00 Yuexiu Prop 10.0 0.245 +0.025 +11.36 Net Pacific Fin 66.0 0.032 -0.008 -20.00 EMAS Offshore 9,776.3 0.285 +0.040 +16.33 IP Softcom 70.0 0.028 +0.003 +12.00 Metech Intl 12,635.0 0.003
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    • Article
      Lock icon BROKERS’ TAKE
      420 10  -  Compiled by Claire Huang Frasers Commercial Trust Buy Oct 26 close: S$1.415 Target price: S$1.59 OCBC Investment Research, Oct 26 FRASERS Commercial Trust (FCOT) recorded a good set of Q4 FY2015 results which came in within our expectations. Gross revenue and distribution per unit jumped 16.9 per cent
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    • Article
      Lock icon CALENDAR
      26 10 DATA I (Oct 27) Singapore Macroeconomic Review I (Oct 27) US Federal Open Market Committee Meeting I 10pm (Oct 27) US S&P/CaseSchiller Home Price Index
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    • Article
      Lock icon China’s rate cut weighs on most Asian units
      405 11 CURRENCIES REUTERS Singapore MOST emerging Asian currencies slid on Monday as China’s interest rate cut bolstered worries about global growth and policy divergence between the US and other countries. The Chinese yuan eased after the People’s Bank of China (PBOC) late on
      REUTERS  -  405 words
    • FOREX RATES
      • Article, Illustration
        Lock icon HANG SENG
        2 11
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        Lock icon INTERBANK CROSS RATES
        471 11 Oct 26 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.955 4.612 0.658 5.628 47.138 99.029 0.878 8.222 3.076 1.073 75.857 33.799 1.012 9.890 0.709 23.564 25.749 0.474 0.726 Canada 1.047 4.828
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        Lock icon SHANGHAI COMPOSITE
        2 11
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        Lock icon DOW JONES
        2 11
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        Lock icon INTERBANK CURRENCY RATES
        155 11 Oct 26 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.0110 1.0121 0.7259 0.7264 Canadian dollar 1.0586 1.0594 0.7603 0.7601 Euro 1.5368 1.5376 1.1034 1.1036 NZ dollar 0.9425 0.9437 0.6767 0.6773 Sterling pound 2.1345 2.1358 1.5325 1.5329
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      • Article
        Lock icon US$/S$ FORWARD RATES
        22 11 Oct 26 S$ Bid Offer 1-month 1.3940 1.3946 2-months 1.3951 1.3959 3-months 1.3965 1.3973 6-months 1.3995 1.4004 Source: OCBC
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      • Article, Illustration
        Lock icon NIKKEI
        1 11
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    • EQUITY BONDS WARRANTS FUTURES
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        Lock icon BONDS, WARRANTS, PREFERENCE SHARES
        206 11 Most active Oct 26 Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Rowsley Ltd W*****3 3.5 -0.1 ***** 1 18 12 OCBC Bk MB eCW*****6 13 -0.7 6330 0.2 995 6 DBS MB eCW*****1 13.2 -0.3 6220 0.1 1860
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      • Article
        Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
        373 11 In local curr In S$ In US$ dy yr dy yr dy yr Oct 23 Index Change Change Change Change Change Change World Preliminary 1299.4 1.1 1.8 0.9 4.9 0.8 -0.4 EAFE Preliminary 1035.1 1.7 4.9 1.1 5.5 1.0 0.1 Europe Preliminary 1451.3 1.6 5.0
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      • Article
        Lock icon SGX DERIVATIVES TRADING
        401 11 Oct 26 OPEN HIGH LOW SETT VOL OP/INT FTSE CHINA A50 INDEX FUTURES Oct15 *****.50 *****.50 *****.50 *****.50 *****9 *****9 Nov15 *****.50 *****.50 *****.00 *****.00 *****1 *****8 NIKKEI 225 INDEX FUTURES Dec15 *****.00 *****.00 *****.00 *****.00 ***** *****9 Mar16 *****.00 *****.00 *****.00 *****.00 39 1417 MSCI TAIWAN
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    • BANK RATES
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        Lock icon INTERBANK RATES
        154 11 Oct 26 $S Offer Bid 0vernight 0.30 0.10 1-month 0.9375 0.8125 2-months 1.0 0.875 3-months 1.0625 0.9375 Overnight mode: 0.40 US$ 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
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      • Article
        Lock icon GOVERNMENT SECURITIES
        67 11 Oct 26 Oct 26 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0F 1.375 01-Oct-17 100.47 5-Year N*****0S 2.000 01-Jul-20 100.91 100.90 100.90 10-Year NX*****Z 2.375 01-Jun-25 99.71 15-Year NZ*****F 2.875 01-Sep-30 102.54 102.60 102.53 20-Year NZ*****V 3.375 01-Sep-33 109.77 109.67 109.67
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    • AGRI METALS ENERGY
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        Lock icon COMMODITY FUTURES
        193 11 Oct-23 Price Net change change Last Trade Agricultural Oct-23 CBOT Soybeans (US cents/bu) 895.50 -3.25 -0.36% 13/11/2015 CBOT Soybean Oil (US cents/lb) 28.57 -0.28 -0.97% 14/12/2015 CBOT Wheat (US cents/bu) 490.50 -0.25 -0.05% 14/12/2015 Oct-23 LIFFE Cocoa (£/tonne) 2147.00 6.00 0.28% 14/12/2015 LIFFE Coffee (US$/tonne) 1527.00 -35.00 -2.24%
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      • Article
        Lock icon PALM OIL
        57 11 Oct 26 KLCE Palm Futures (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Nov 15 2236.0 2208.0 2237.0 2201.0 281 4108 Dec 15 2290.0 2241.0 2290.0 2240.0 2215 ***** Jan 16 2326.0 2279.0 2327.0 2277.0 ***** ***** Feb 16 2358.0 2312.0
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    • Article
      Lock icon SGX MAINBOARD
      1863 12 Transaction date: Oct 26 52-Wk Last Vol Day Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/Ep $mil 82 42 8Telecom vol AAT Day Div GrYld Net MCap High 153 131.5 AIMSAMP Cap Reit 140 +1 274 140.5 139 1 7.9 888.5 34 18.6
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    • Article
      Lock icon SGX CATALIST
      369 12 52-Wk Last Vol Day Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/E Company Last Sale vol 1 0.3 t Advanced Systems 0.5 -0.1 987 0.6 0.5 13.2 High Day Low Div C'vr GrYld Net P/E MCap 35 50 32 t Atlantic Nav t
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    • Article
      Lock icon SGX ETF
      104 12 52-Wk Last Vol Day Div GrYld Net MCap High Low Counter Sale +/-(’000) High Low C’vr P/E Counter 163 112 CIMB APAC Div S$D 116.9 +0.9 10 116.9 116.9 Sale vol 4258 2750 DBXT China50 US$ US3206 3206 3206 8.8 High Day 1750 1151 DBXT MSCHINA US$ US1349
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      Lock icon Page 6 Advertisements Column 1
      402 6 THE STRAITS TIMES 2016: MORE TURBULENCE OUTLOOK POLITICAL AND ECONOMIC DIRECTIONS FOR 2016 Presented by OCBC PREMIER BANKING AHEAD FOR ASIA? November 20, 2015 Sam to 2pm Grand Copthorne Waterfront Hotel As 2015 winds down, it is time to look at what the New Year could bring. On one hand,
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  • Page 7 Advertisements
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      Lock icon Page 7 Advertisements Column 1
      1935 7 Oxley Tower, Singapore SUBSCRIBE NOW! Public Offer frOm OctOber 27, 2015, 9.00 A.m. tO NOVember 3, 2015, 12 NOON Oxley Bizhub, Singapore The Bridge, Cambodia The Peak, Cambodia ADevelopment Project in Kuala Lumpur, Malaysia 5.00%P.A. 4-Year Bonds Novotel Singapore on Stevens, Ibis Singapore on Stevens Oxley’s first retail bOnd Offering
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      69 8 A CA R FO R E V E RY PUR SE PURP OSE 7 AND 8 NOVEMBER 201 5 SATURDAY SUNDAY 10AM 8PM SINGAPORE EXPO HALL 5 ADMI SS I O N I S FREE IT’S TIME TO BUY A NEW CAR “Presenting the best offers from all your favourite
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      Lock icon Page 9 Advertisements Column 1
      334 9 Call 1800 289 8822 or e-mail notices@sph.com.sg to place your New CEO Announcement Notices A c® FRANCHISING LICENSING ASIA 2015 EXHIBITION CONFERENCE 29 31 OCTOBER 2015 10.30am 6.30pm (Thu Fri) 10.30am 5.30pm (Sat) Sands Expo Convention Centre, Level 1, Hall B Marina Bay Sands, Singapore Gain direct access to hundreds
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      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!
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  • CHARTING MARITIME SINGAPORE R&D
    • Article, Illustration
      Lock icon Cementing Singapore’s maritime status
      1186 13  -  A strong maritime R&D eco—system will help Singapore keep its position as a leading maritime and offshore centre. BY NARENDRA AGGARWAL EVEN as Singapore received the accolade of being one of the top global maritime hubs in the list of the most important maritime capitals for
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    • Article, Illustration
      Lock icon Keppel unit designs award winning dual fuel engine tug
      929 13  -  By Narendra Aggarwal ENGAGED in R&D since its establishment in 2007, Keppel Offshore Marine Technology Centre (KOMtech) was recognised for its achievements in developing innovative solutions for the marine sector at the biennial Singapore International Maritime Awards in April this year
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    • Article, Illustration
      Lock icon PSA develops advanced technologies
      875 13  -  By Narendra Aggarwal WITH keen support from the Maritime and Port Authority of Singapore (MPA), PSA Singapore Terminals which operates the world’s largest container transhipment hub in Singapore is increasing its R&D efforts to develop innovative technologies for effective application in the port environment. This comes
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      879 14 / 15 The YCH60 logo is formed by the number ‘6’ and shi 十 meaning ten in Chinese, decades of supply chain excellence. The shadow of the combination represents the Chinese character sheng 升 or RISE, YCH’s corporate philosophy. The logo also resembles 叶 of our Chinese company name 叶水福
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  • REAL ESTATE
    • Article, Illustration
      Lock icon Good Class Bungalow deals in Q3 down from previous quarter
      806 16  -  Transactions worth S$177m notched, lower than S$282m in Q2 but higher than S$167m in Q3 2014 By Kalpana Rashiwala kalpana@sph.com.sg @KalpanaBT Singapore NINE bungalows in Good Class Bungalow (GCB) areas were transacted at a total of nearly S$177 million in
      PHOTO: LAURA NG  -  806 words
    • Article
      Lock icon China malls closing despite data showing retail sales rebound
      677 16 REUTERS Shanghai THE Di Mei shopping centre in downtown Shanghai is a surprisingly depressing place to shop. The underground mall is located in one of the most shopping-mad cities in China, and yet it is run down and starved of customers.
      REUTERS  -  677 words
    • Article, Illustration
      Lock icon Frasers Hospitality to launch Modena brand in Bangkok
      345 17  -  The 239-unit serviced residence in Bangkok is designed for “road warrior” business travellers By Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore FRASERS Hospitality, a member of Frasers Centrepoint, on Monday said it will be introducing its serviced residence brand, Modena by Fraser, to Thailand
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    • Article
      Lock icon Japan’s Seibu eyes Tokyo hotel redevelopment project
      451 17 BLOOMBERG Tokyo SEIBU Holdings Inc, whose biggest shareholder is Cerberus Capital Management LP, wants to redevelop an area with four hotels in Tokyo’s Shinagawa district to tap demand from surging overseas tourists arrivals and the opening of Japan’s first highspeed magnetic-levitation (maglev) train
      BLOOMBERG  -  451 words
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      Lock icon Supply glut still a hurdle to China property rebound
      869 18 Home prices rebound in hubs and smaller cities but oversupply still widespread BEIJING Beijing CHINA’S moves to ease mortgage restrictions and cut interest rates are bearing fruit in the nation’s smaller cities, where home prices have staged a recovery. Now comes
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      Lock icon Buildings for a happier, healthier and more productive life
      1023 18 BLOOMBERG New York LAST October a New York startup called Delos, founded by twin brothers who were once partners at Goldman Sachs, published what may be the most marketable proposition in real estate short of a front lawn overlooking the Fountain
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      Lock icon Student dorms drawing billionaires have record sales in UK
      199 18 BLOOMBERG London GOLDMAN Sachs Group Inc, Russian billionaire Mikhail Fridman and Canada Pension Plan Investment Board (CPPIB) are among buyers who have spurred investments in UK stu-dent-housing to a record this year. Investors agreed to deals worth a total of US$6.5
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      296 16 PRIME COMMERCIAL SHOPHOUSES savills 157/159/161 Geylang Road Prominent double frontage 2-storey corner shophouse with 4-storey rear extension Size: L 2,988 8,331 sq ft (subject to survey) Tenanted to popular established eatery Close proximity to Kallang MRT Sports Hub 84 86 Tanjong Pagar Road Excellent shop front visibility Pair of adjoining,
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      51 16 Prime HDB Retail Shop FOR SALE 71OA Ang Mo Kio Ave 8 3,570 sq ft approx. Ground floor unit with great frontage Opposite AMK MRT station Fully leased Ideal for investment or own use Donald Goh 9690 9541 CEAReg. No. R*****5B savills csavills.com.s tQ EA Lie No. L*****88B Hong Fok
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      68 16 cc Life is not just eating, drinking, television and cinema…The human mind must be creative, must be self-generating; it cannot depend on just gadgets to amuse itself.” Speech at the Chinese New Year and Hari Raya Haji celebrations at Joo Seng Community Centre in 1970 Catch these and other piquant
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      327 17 =8 r V9 B«adj PROPERTY EXPO We* Marbl rrow °®bourne hsG ow vr don"' Springs Mice m PriceSim Al»0 Come and view some exciting property opportunities to coverall of your requirements: Investment, children’s education and future residence. With interest rates at a record low, a weak Australian dollar and continuing
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      497 17 ALTO Wembley Park, LONDON 1, 2 and 3 bedroom apartments and penthouses from £375,000* EXHIBITION 31 th Oct 1 st Nov 2015 (Sat Sun) 11 am to 7pm Shangri-La Hotel Singapore Magnolia Room, Level 2, 22 Orange Grove Road, Singapore *****0 WEMBLEY STADIUM RAILWAY STATION •Steffi* iifi HOLIDAY INN r
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      74 18 ASIA’S LARGEST EDUCATIONAL KIDS’ FAIR 18-20 MARCH 2016 (SCHOOL HOLIDAYS) SINGAPORE EXPO HALL 6 Be a part of SmartKids Asia 2016! Promote and sell your brand, products and services to a targeted 90,000 parents with children from ages 3 to 12! CONTACT US NOW! Ms Suhaliana AM *****737 lianaali@sph.com.sg Mr
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      181 18 Supermarket Space within Shopping Malls For Sale By Expressions of Interest City Gate key junction of Beach Road Kensington Square fronting Upper Paya Lebar Road Anchor tenant space on level 2 with direct link to Nicoll Highway MRT 30-storey mixed development with 131 residential and 188 retail units Prominent wide
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      8 18 JTC INDUSTRIAL/WAREHOUSE BUILDINGS FOR SALE JOINT MARKETING AGENTS
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      76 18 FREEHOLD BUILDING ON GEYLANG ROAD 5 adjoining 3-storey conservation shophouse Corner unit with prominent 32-metre frontage Commercial Zoning Naming rights available Land Area: Approx. 7,411 sq ft Gross Floor Area: Approx. 21,349 sq ft FOR SALE BY EXPRESSION OF INTEREST Closing Date: 4 Nov 2015, (Wed) at 3pm For further
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  • BANKING & FINANCE
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      Lock icon Chinese banks raise funds as bad loans rise
      858 19 They are issuing preference shares, convertible and perpetual bonds to shore up capital REUTERS Hong Kong MOUNTING bad loans are running down Chinese banks’ capital buffers, forcing them to turn to investors for fresh funds despite raising a record amount last year.
      REUTERS; PHOTO: BLOOMBERG  -  858 words
    • Article
      Lock icon Mitsubishi UFJ enters fray for ANZ stake in Bank Panin: sources
      545 19 BLOOMBERG Hong Kong MITSUBISHI UFJ Financial Group Inc has entered the running for a 39 per cent stake in PT Bank Pan Indonesia (Panin), people with knowledge of the matter said, potentially setting up a battle between two of
      BLOOMBERG  -  545 words
    • Article
      Lock icon Japan Post to raise 693b yen in IPO priced at top of range
      280 19 REUTERS Tokyo JAPAN Post Holdings Co set the price for its initial public offering of shares at the top of an indicative range, following the pattern set in concurrent IPOs for its banking and insurance arms and
      REUTERS  -  280 words
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      24 19 Controversy taints Japan Post IPO, Page 27 Discover Greener Pastures Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Change of Address Notices
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      588 19 Samudera Shipping Line Ltd NOTICE TO TRADE WINTER SEASON CHARGE Singapore to Kolkatta/Haldia and vice versa With effect from 10 November 2015, we will apply a Winter Season Charge (WSC) of USD 118.00 per TEU on all SOC shipments (laden) from Singapore to Kolkatta/Haldia and viceversa. Date:27October2015 NOTICES TOLL FREE
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  • ENERGY & COMMODITIES
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      Lock icon Green energy boom cushions oil & gas downturn
      796 20 Green energy boom cushions oil gas downturn Solar, wind and hydroelectric sectors experience record hiring even as oil and gas industry suffers biggest round of job losses in almost two decades REUTERS Singapore RENEWABLES are powering a rare bright spot in the energy industry, with record job hiring in solar,
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      Lock icon Oil at US$50 is ‘gift to world’ as Abu Dhabi sees higher prices
      411 20 BLOOMBERG Abu Dhabi OIL at US$50 a barrel is a “gift to the world” as prices should be low enough to spur economic growth, according to the head of Abu Dhabi’s Department of Economic Development. Prices will
      BLOOMBERG  -  411 words
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      Lock icon Caterpillar shifts its focus after commodity collapse
      488 20 It will help mining, energy customers better use the machines they have BLOOMBERG New York CATERPILLAR Inc, convinced that a commodity recovery is at least a year away, is shifting focus from selling more machines to helping its mining and energy customers better
      BLOOMBERG; PHOTO: BLOOMBERG  -  488 words
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      223 20 In this seminar, we will share the investment clocks (preferred timing of entries and exits) for the investment markets of stocks, properties, commodities and forex. We will look at this from the perspectives of both traders and investors. We will also explore the current investment opportunities in the global stock
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      125 20 n FRANCHISING rLASia LICENSING ASIA 2015 EXHIBITION CONFERENCE 29 31 OCTOBER 2015 10.30am 6.30pm (Thu Fri) 10.30am 5.30pm (Sat) Sands Expo Convention Centre, Level 1, Hall B Marina Bay Sands, Singapore FREE Food Sampling at Various Booths! FREE Educational Franchise Legal Talks Hear from different experts each day! Schedule at:
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      85 20 NOTICES Notice of Appointment of a Liquidator under Section 204 of the BVI Business Companies Act. High Summit Corporation (In Voluntary Liquidation) Company No. *****82 NOTICE is hereby given pursuant to Section 204, subsection (b) of the BVI Business Companies Act, 2004 that the Company is in voluntary liquidation. The
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  • TECHNOLOGY
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      Lock icon It’s cloud all the way for Oracle at OpenWorld
      1148 21  -  Traditional rivals such as SAP and IBM ‘no longer competitors’, says CTO Ellison By Amit Roy Choudhury amit@sph.com.sg @AmitRoyCBT San Francisco LARRY Ellison’s keynote speech on Sunday, at Oracle Open World 2015, was dry when compared to the standards set by
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      76 21 NOTICE TO TRADE WINTER SEASON CHARGE Singapore/Port Klang/Colombo to Kolkatta and vice versa In order to recover the loss in revenue during the winter season, we will be implementing a Winter Season Charge (WSC) of USD 116.00 per TEU on all SOC shipments (laden) from Singapore/Port Klang/Colombo to Kolkatta and
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      1797 21 NOTICES TOLL FREE 1800-289-8822 I Email notices@sph.com.sg I www.sphclass.com.sg/notices LIONGOLD CORP LTD (Incorporated in Bermuda) (Company Registration No. *****) NOTICE OF SPECIAL GENERAL MEETING Unless otherwise defined or the context otherwise requires, all capitalized terms herein shall bear the same meaning as used in the circular dated 27 October 2015
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  • CONSUMER
    • Article, Illustration
      Lock icon Broadband providers face New York scrutiny
      615 22 They may be delivering service that is slower than advertised, says top legal official BLOOMBERG New York THREE major US broadband providers claiming to offer super-fast Internet connections may be delivering service that is slower than advertised, New York State’s top legal official said.
      BLOOMBERG; PHOTO: BLOOMBERG  -  615 words
    • Article
      Lock icon Sony said to be in talks to buy Toshiba’s image sensor business
      615 22 BLOOMBERG Tokyo SONY Corp is looking to expand on its dominant position in making the chips used to capture smartphone pictures, as president Kazuo Hirai makes progress in his turnaround effort at the Japanese consumer electronics maker. The
      BLOOMBERG  -  615 words
    • Article
      Lock icon High medication error rate in US hospitals
      714 22 BLOOMBERG New York ABOUT half of all surgeries involve some kind of medication error or unintended drug side effects, if a new study done at one of America’s most prestigious academic medical centres is any indication. The rate, calculated by researchers from the
      BLOOMBERG  -  714 words
    • Article
      Lock icon Sale of Philips’ lighting unit hits regulatory snags
      333 22 AFP The Hague DUTCH electronics giant Philips revealed on Monday that the US$2.8 billion sale of its lighting unit is in doubt because of US regulatory concerns, casting a cloud over news of better-than-expected profits. Philips had announced seven months ago that
      AFP  -  333 words
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      6 22 Lookoutfor propertydeals inournew Auction featuretodayin TheStraitsTimesClassified.
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      50 22 HOT PROPERTY D.09 2-STY STYLISH Shophse Near Orchard CBD 1800sf Ample parking. SOHO offices /art gallery/ ID OFFICE SPACE @INT'L Plaza 936sf. High flr. presently partition into 2 units. Immed $6.50psf. LOOKING FOR AN OFFICE SPACE TO RENT? Check out these properties and more in The Straits Times Classified now!
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      25 22 Everything,plus the kitchen sink Select furniture for your home or showcase your merchandise in CLASS 114 To advertise, call the Print Classified Hotline: 1800-289 9988
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  • TRANSPORT
    • Article
      Lock icon Carmakers eye digital-savvy at Tokyo Motor Show
      684 23 Biennial event will also focus on self-driving cars and the latest environmental technology AFP Tokyo TOYOTA’S three-seater exoskeleton car and an electric vehicle with touch screens that turn it into a “digital space” are among the concept models that will be on display
      AFP  -  684 words
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      Lock icon Ethiopian Airlines to woo China market with Chinese crew
      515 23 AFP Addis Ababa AFRICA’S flourishing Ethiopian Airlines is clear the future lies with China and it plans to hit home that point by putting Chinese crew members on all flights to China as of next month. “Asia and particularly China is
      AFP; PHOTO: REUTERS  -  515 words
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      Lock icon VW CEO to join Merkel on China trip, update on emissions probe: source
      450 23 REUTERS Berlin VOLKSWAGEN’S new head, Matthias Mueller, will update German Chancellor Angela Merkel on the carmaker’s internal investigation into an emis-sions-rigging scandal during a trip to China, a person close to the matter told Reuters. Five weeks
      REUTERS; PHOTO: AFP  -  450 words
    • Article
      Lock icon VW testing Takata air bags as US weighs wider recalls
      321 23 BLOOMBERG Tokyo VOLKSWAGEN AG said it is collecting Takata Corp air bags from its vehicles for testing and told the US regulator that getting replacement parts would take more than a year if recalls are expanded. The need to develop
      BLOOMBERG  -  321 words
    • Article
      Lock icon Ukraine and Russia ground direct flights in latest spat
      398 23 AFP Kiev DIRECT flights between Ukraine and Russia were grounded on Sunday as mistrust between the ex-Soviet neighbours boiled over into a new trade war that affects tens of thousands of families. Ukraine’s decision to escape Moscow’s orbit set off a
      AFP  -  398 words
    • Article
      Lock icon SHIPPING TIMES
      793 28 Vessel Voy Sin Pusan Tarawa Honiara Santo Port Vila Noumea Lautoka Suva Nukualofa Apia Pago Pago Papeete Lae P. Moresby Townsville APL Columbus V010E 23 May 06 Jun 22 Jun 26 Jun 29 Jun 01 Jul 03 Jul 06 Jul 08 Jul 10 Jul 10 Jul 15 Jul
      793 words
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      60 23 Singapore/Port Klang to Kolkatta/Haldia and vice versa For the sustainability of the trade during the winter season, notice is hereby given that we will implement a Winter Season Charge (WSQ of USD 117.00 per TEU on all SOC shipments (laden) from Singapore/Port Klang to Kolkatta/Flaldia and vice versa effective from
      60 words
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  • GOVERNMENT & ECONOMY
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      Lock icon Communist meeting eyes a leaner, greener China
      798 24 Fifth Plenum also vows a new normal of slower, more sustainable expansion after years of double-digit growth AFP Beijing ECONOMIC malaise and the spectre of intractable pollution confronted China’s Communist leaders on Monday as official media reported they gathered to plan the nation’s
      AFP; PHOTO: BLOOMBERG  -  798 words
    • Article
      Lock icon Powerful earthquake rocks South Asia, more than 160 dead
      368 24 AFP Islamabad A POWERFUL 7.5 magnitude earthquake which rocked parts of South Asia killed more than 160 people on Monday, including 12 Afghan girls crushed in a stampede as they fled their collapsing school. At least 1,000 more were injured and
      AFP  -  368 words
    • Article
      Lock icon China rate liberalisation unlikely to trigger deposit war
      788 24 With one-year lending rates now set at 4.35%, banks are unwilling to go much higher REUTERS Shanghai CHINA’S landmark decision to scrap a long-standing ceiling on bank deposit rates is unlikely to have much impact on the real economy or help creditstarved
      REUTERS  -  788 words
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      Lock icon New home sales drop to one-year low
      405 24 LATEST US DATA REUTERS Washington SALES of new single-family homes in the United States fell to near a oneyear low in September after two straight months of gains, suggesting a temporary cooling in the market for new houses. The Commerce Department said on
      REUTERS; PHOTO: BLOOMBERG  -  405 words
    • Article
      Lock icon World trade deal could boost global exports by US$1t: WTO
      376 24 AFP Geneva FULL implementation of the world trade accord reached two years ago could increase global merchandise exports by up to US$1 trillion annually, according to a new World Trade Organization (WTO) report published on Monday. The World Trade Report
      AFP  -  376 words
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      Lock icon IMF set for green light on yuan joining currency basket: sources
      652 25 Executive board is scheduled to decide in Nov on putting unit on par with US dollar, yen, euro and pound sterling BLOOMBERG Washington INTERNATIONAL Monetary Fund (IMF) staff are set to give the all-clear for China’s yuan to be
      BLOOMBERG; PHOTO: AFP  -  652 words
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      Lock icon Big money coming from eurozone spells trouble for Sweden
      476 25 BLOOMBERG Stockholm EUROPEAN Central Bank president Mario Draghi said boo last week and the krona jumped. With the ECB signalling a new wave of stimulus to prop up the eurozone, the question is how Sweden’s central bank can fight the monetary
      BLOOMBERG; PHOTO: REUTERS  -  476 words
    • Article
      Lock icon India aims to project soft power in biggest Africa meeting
      602 25 REUTERS New Delhi INDIA hosts its biggest-ever Africa summit this week as Prime Minister Narendra Modi seeks to challenge China’s dominance on a continent that is blessed with vast natural resources and has the world’s fast-est-growing population. New Delhi wants
      REUTERS  -  602 words
    • Article
      Lock icon German business confidence surprises with only marginal dip
      591 25 AFP Frankfurt GERMAN business confidence dipped only slightly in October, as Europe’s biggest economy continues to shrug off various challenges, including the Volkswagen scandal, a leading economic think-tank said on Monday. The Ifo institute’s closely-watched business climate index slipped to 108.2 points
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      Lock icon China, Japan, S Korea to discuss trade deal at summit
      292 25 BLOOMBERG Beijing CHINA, Japan and South Korea will discuss a pending free-trade agreement when they hold their first trilateral summit in three years, a sign that cooperation among the three countries is back on track, Chinese officials said. South Korean
      BLOOMBERG  -  292 words
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      347 25 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF METRO COOL SHIPPING PTE. LTD. (INCORPORATED IN SINGAPORE) COMPANY REGISTRATION NUMBER: *****8412H Notice of Resolution for Member’s Voluntary Winding Up (Pursuant to Section 290) At the Extraordinary General Meeting of the members of Metro Cool
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  • OPINION
    • Article
      Lock icon Pushing the envelope in the South China Sea
      658 26 EDITORIAL THE prospect of the US navy conducting freedom of navigation patrols in the South China Sea seems to have sparked much excitement abroad. In recent weeks, Washington has let it be known that American warships plan to sail close to artificial
      658 words
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      Lock icon Modi’s worldview a recipe for disaster for modern India
      863 26  -  THE BOTTOM LINE By Yogi Aggarwal T The writer is a Mumbai-based journalist INDIAN Prime Minister Narendra Modi finished a highly visible tour to the United States where he wooed bankers, IT leaders in Silicon Valley and political leaders in Washington.
      863 words
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      Lock icon Benghazi: Republicans fail to make history
      1149 26  -  Hillary Clinton repeats the same answers to the same questions that she has been giving in the last three years, stymying attempts to derail her presidential campaign By Leon Hadar JOURNALISTS who cover important events in Washington, especially when it comes to dramatic announcements
      PHOTO: AFP  -  1,149 words
    • Article
      Lock icon Two-child policy too little, too late for China
      882 27  -  COMMENTARY By Adam Minter BLOOMBERG VIEW WHEN Chinese leaders convene this week for a four-day meeting on the future of the country’s economy, the biggest news might have to do with babies. According to reports in Chinese media, the government may be
      BLOOMBERG VIEW  -  882 words
    • Article
      Lock icon CEO’s health issues warrant prompt disclosure
      532 27  -  By S Kumar T The author, a former Straits Times journalist, is managing partner of a consulting firm UNITED Continental Airlines Inc appointed an interim CEO four days after CEO Oscar Munoz suffered a heart attack. On Oct 15, a Thursday, Mr Munoz was
      532 words
    • Article
      Lock icon Banks can learn from SingPost
      367 27  -  LETTER TO THE EDITOR Rohith Murthy Singapore I REFER to the article “SingPost an Asian case study of corporate reinvention” (BT, Oct 16, 2015). There are lots of lessons on how a traditional firm such as Singapore Post (SingPost) has embraced, invested and transformed itself
      367 words
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      Lock icon CONTROVERSY TAINTS JAPAN POST IPO
      1184 27  -  The funds raised could go towards whittling down Tokyo’s debt, but some analysts say it is like selling off the family silver. And postal privatisations haven’t gone well elsewhere By Anthony Rowley JAPAN Post is scheduled to make its public debut on Nov 4 via
      PHOTO: REUTERS  -  1,184 words
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      198 28 PLACE YOUR AD HERE r THE BUSINESS TIMES Shipping times CALL JOB WO IMG AT 9620 1327 n n FREIGHT I FORWARDER I I urgently needed by shippers I TO ADVERTISE. CALI IO I WONG AT 9620 1 I they find your services > in -the Shipping Times? TI IE
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  • LIFE & CULTURE
    • Article, Illustration
      Lock icon New WTA chief exec outlines his priorities
      754 29  -  Muguruza beats Safarova in her opening WTA Finals singles match; Kerber upsets Kvitova By Lee U-Wen leeuwen@sph.com.sg @LeeUwenBT Singapore IT was on Sept 24 this year when Steve Simon received a phone call out of the blue. It was from the Women’s Tennis
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    • Article
      Lock icon Sotheby’s celebrates former chairman with US$500m sale of his art collection
      880 29 NYT New York WHEN Alfred Taubman, the chairman of Sotheby’s, was convicted of leading a price-fixing scheme with Christie’s and sent to prison in 2002, the scandal rocked the elite auction world and reverberated throughout Manhattan. He left under
      NYT  -  880 words
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      Lock icon Steve Jobs disappoints at US box office
      775 29 BLOOMBERG Los Angeles MOVIEGOERS this weekend shunned Universal Pictures’ Steve Jobs, a sign that Sony Corp executives may have been right to dump the biopic of the Apple Inc co-founder. The film generated US$7.3 million in US and Canadian theatres, about a third
      BLOOMBERG  -  775 words
    • Article
      Lock icon Drones to circle Australian beaches to monitor sharks
      332 29 AFP Sydney DRONES will circle popular swimming spots in eastern Australia and “listening stations” track tagged sharks as part of a new strategy announced on Sunday to keep beachgoers safe after a spate of bloody attacks. The country has one of the
      AFP  -  332 words
  • Page 29 Miscellaneous
    • Miscellaneous
      Lock icon Page 29 Miscellaneous Column 1
      318 29 CRYPTIC CROSSWORD Across 2 Copy-editor number one upset by writing fee (12) 8 Large number have a complaint when it goes astray (4) 9 Disposed of what was left after liquidation (6,2) 10 Greek character returning after short time offers driving force (8) 11 Went round no answer went off
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  • SME
    • Article, Illustration
      Lock icon Tech, innovation key to growth, profit
      1036 30  -  Adoption of social media and cloud computing are among ways that can help SMEs become a disruptive force.BY force.BY CHIU WU HONG The writer is head of enterprise at kpmg in Singapore FROM our travel and commute options to our vacations to the way
      PHOTO: CAROLINE CHIA/THE STRAITS TIMES  -  1,036 words
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      Lock icon Lifting gains through the family formula to sustain growth
      1188 30  -  By Hoang Thi Hanh Lan, Tran Minh Hang, Zhou Yuxing The writers are students of NUS Business School WHEN asked what separates his company from other players in the industry, Moh Seng Cranes’ third-genera-tion chief executive officer, Jovan Yap, emphasises the
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