The Business Times, 29 January 2016

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Microfilm: NL33745
Total Pages: 30
1 30 The Business Times
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  • Title Section
    Lock icon Masthead
    22 1 THE BUSINESS TIMES S$1.00 A SINGAPORE PRESS HOLDINGS PUBLICATION www.businesstimes.com.sg @BTBreakingnews CO REGN NO *****2868E MCI (P) 039/08/2015 Friday, January 29, 2016
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  • Article, Illustration
    Lock icon DAILY DIGEST
    253 1 Political diversity is crucial to conducting good politics, which leads to the building of a resilient system that can withstand “shocks and turbulence”, says Workers’ Party chief Low Thia Khiang. TOP STORIES 4 GrabTaxi rebrands as Grab and asserts its market dominance in South-east Asia, where it is
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  • Article
    Lock icon MARKETS
    27 1 Thursday Change STI 2,562.45 +16.27 KL COMP 1,634.53 +2.99 NIKKEI 225 17,041.45 -122.47 HANG SENG 19,195.83 +143.38 SHENZHEN B 1,119.22 -12.35 DOW (10.45 EST) 15,928.88 -15.58
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  • Article
    Lock icon SGX to relook minimum trading price, quarterly reporting in sweeping review
    1126 1  -  CEO Loh Boon Chye announces changes at industry dialogue session aimed at boosting interest in equities market By Kenneth Lim, Melissa Tan kenlim@sph.com.sg melissat@sph.com.sg @KennethLimBT @MelissaTanBT Singapore THE Singapore Exchange (SGX) is looking into a raft of potential changes
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  • Article
    Lock icon 2015 job growth in Singapore at a 12-year low
    676 1  -  By Chuang Peck Ming peckming@sph.com.sg @PeckmingBT Singapore JOB growth in the whole of 2015 was smaller than the gain made in just a quarter the year before. Total employment rose 31,800 last year, a 12-year low, according to preliminary data released
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  • Page 1 Advertisements
    • Advertisement
      Lock icon Page 1 Advertisements Column 1
      148 1 8 "*****1 *****4 TIIE BUSINESS TIMES The Power of Dreams 53 Meet the statement of your status, the all-new Honda Legend Sport Hybrid SH-AWD. A breathtaking V6 3.5L Direct Injection i-VTEC® engine leads the way. A refined interior complete with hand-stitched leather seats and a 14-speaker KRELL® Industries premium sound
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      23 1 PLATINUM Industry bodies working to stimulate investor demand COMPANIES MARKETS 7 COMMENTARY Elected presidency: Don’t set eligibility bar too high TOP stories 4
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    • Advertisement
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      10 1 CHINATOWN’S IDENTITY Reviving interest in Chinese culture, community LIFESTYLE 25
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      20 1 MAS to supervise exchange members, Page 2 Workforce growth likely to fall to 1-2% in next five years, Page 2
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  • TOP STORIES
    • Article
      Lock icon MAS to supervise exchange members
      585 2  -  As lead regulator, it will focus on statutory requirements while the exchanges focus on risk management, trading rules By Kenneth Lim, Melissa Tan kenlim@sph.com.sg melissat@sph.com.sg @Kenneth LimBT @MelissaTanBT Singapore THE Monetary Authority of Singapore (MAS) will take over a portion of the supervision of brokers
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    • Article
      Lock icon Fed acknowledges slower growth, leaves rates unchanged
      720 2 WP Washington THE Federal Reserve acknowledged on Wednesday that the US economy has slowed but provided little guidance about when it would raise interest rates again. The central bank began pulling back its support for the recovery in December and signalled that it
      WP  -  720 words
    • Article, Illustration
      Lock icon Workforce growth likely to fall to 1-2% in next five years
      786 2  -  By Claire Huang huangjy@sph.com.sg @ClaireHuangBT Singapore SINGAPORE’S total annual workforce growth is expected to continue on its downward trend to 1-2 per cent between 2016 and 2020 and this decline is likely to continue beyond that period as the
      PHOTO: JOANNASEOW /THE STRAITS TIMES  -  786 words
    • Article, Illustration
      Lock icon Putrajaya unveils measures in revised budget to make good revenue shortfall
      805 2  -  By Pauline Ng btworld@sph.com.sg Kuala Lumpur MALAYSIA has based its revised budget on the assumption that oil prices will be at US$30 to US$35 a barrel, but remains committed to meeting its fiscal deficit target of 3.1 per cent
      PHOTO: REUTERS  -  805 words
    • Article
      Lock icon Political diversity crucial for good politics, says WP’s Low
      585 4  -  His comment on Wednesday likening NCMPs to duckweed triggers responses from members of the House PARLIAMENT By Soon Weilun soonwl@sph.com.sg @SoonWeilunBT Singapore POLITICAL diversity is crucial to conducting good politics, which leads to the building of a resilient system that can
      585 words
    • Article, Illustration
      Lock icon Elected presidency: Don’t set eligibility bar too high
      749 4  -  COMMENTARY By Lee U-Wen leeuwen@sph.com.sg @LeeUwenBT THERE are still about 19 months until Singaporeans go to the polls to vote for their president the next election isn’t due until August 2017 but already the wheels are in motion to ensure that only
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    • Article, Illustration
      Lock icon Further downside seen for industrial occupancy, rents, prices
      1063 4  -  By Lynette Khoo lynkhoo@sph.com.sg @LynetteKhooBT Singapore THE supply of industrial space this year and the next is expected to exert further downward pressures on occupancy rates, JTC said on Thursday as it released data showing a continual slide in industrial prices and
      Source: JTC  -  1,063 words
    • HOUSE BRIEFS
      • Article
        Lock icon GIC, Temasek individual investments free from govt influence
        100 4 THE individual investments of GIC and Temasek are fully independent of any interference or influence from the Singapore government, and they operate on a purely commercial basis that maximises long-term, risk-adjusted returns, said Finance Minister Heng Swee Keat. with regard to possible
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      • Article
        Lock icon Foreigners’ hospital bills not subsidised
        68 4 HOSPITAL bills of foreigners are not subsidised, and foreigners, including foreign workers, account for about 14 per cent of arrears that are outstanding for more than two months at public hospitals, said Health Minister Gan Kim Yong. Mr Gan also reiterated that employers are required
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      • Article
        Lock icon Proportion of working women up, thanks to flexi work
        99 4 THE greater array of flexible work arrangements (FWA) has helped boost resident labour force participation rate for women in Singapore from 54.3 per cent in 2006 to 60.4 per cent in 2015, said Manpower Minister Lim Swee Say. At the same
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    • Article, Illustration
      Lock icon GrabTaxi rebrands as Grab to reflect services
      644 5  -  Its other offerings include private cars, motorcycle taxis, social carpooling and last mile delivery By Jacquelyn Cheok jaccheok@sph.com.sg @JacCheokBT Singapore SINGAPORE-BASED ride-booking platform GrabTaxi on Thursday rebranded as Grab and asserted its market dominance in South-east Asia, where it is focused prompting some
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  • Page 4 Advertisements
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      Lock icon Page 4 Advertisements Column 1
      287 4 INTERPLEX HOLDINGS LTD. (FORMERLY KNOWN AS AMTEK ENGINEERING LTD) (UEN/Company Registration No. *****3886K) (Incorporated in the Republic of Singapore) (the “Company”) Notice to holders (the “Noteholders”) of the outstanding S$200,000,000 6.90 Per Cent. Notes due 2019 comprised in Series 001 (ISIN: SG6PB*****05) (the “Notes”) of the Company convened for 9.30
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      Lock icon Page 4 Advertisements Column 2
      140 4 NOTICE OF RESULTS OF THE MEETING AUSGROUP LIMITED (UEN/Company Registration No.: *****3014R) NOTICE TO HOLDERS (THE “NOTEHOLDERS”) OF THE OUTSTANDING SERIES 001 S$110,000,000 7.45 PER CENT. NOTES DUE 2016 (ISIN: SG6TF*****08) (THE “NOTES”) issued under the S$350,000,000 Multicurrency Debt Issuance Programme of AusGroup Limited (the “Issuer”) in respect of the
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  • Page 5 Advertisements
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      Lock icon Page 5 Advertisements Column 1
      214 5 8 Jan 6 Feb 2016 I I m < o- Prosperity Blossoms =5" All accessories are from Pedder on Scotts Blooms of Fortune at Scotts Square Scarlet Rewards Receive a limited edition Fortune Pack* and $20 Pedder on Scotts shopping privilege' with $200 spent in 3 same-day receipts. Scarlet Rewards
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  • COMPANIES & MARKETS
    • Article
      Lock icon Dividend trend shows strength of S’pore companies
      702 6  -  HOCK LOCK SIEW BY SIOW LI SEN A LOT of conversations out there nowadays are about how terrible the stock market is followed by, say, “I’ll buy Keppel Corp (which has fallen some 50 per cent from its April high) and leave it
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    • Article, Illustration
      Lock icon CDL Hospitality Trusts eyes Europe for more acquisitions
      897 6  -  By Kalpana Rashiwala kalpana@sph.com.sg @KalpanaBT Singapore CDL Hospitality Trusts, whose most recently acquired properties in Tokyo and Cambridge helped to mitigate lower income from its other properties in the fourth quarter, is on the lookout for more hotels in city centres in
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    • Article
      Lock icon Fair-value gains boost Yoma’s Q3 earnings to S$25.2m; revenue falls 5%
      447 6  -  By Nisha Ramchandani nishar@sph.com.sg @Nisha_BT Singapore LIFTED by fair-value gains, real estate player Yoma Strategic Holdings on Thursday reported a net profit of S$25.16 million for the third quarter ended Dec 31, 2015, up from S$7.80 million a year
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    • Article
      Lock icon OSIM Q4 profit slides, gross margins in ’15 maintained
      510 6  -  By Cai Haoxiang haoxiang@sph.com.sg @HaoxiangCaiBT Singapore AMID a slower retail environment, lifestyle products group OSIM International reported a net profit of just S$9 million for its seasonally strong fourth quarter ended Dec 31, 2015, down 66 per cent from S$27 million
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    • Article, Illustration
      Lock icon SingPost slumps further to 22-month low as volume surges
      481 6  -  By Melissa Tan melissat@sph.com.sg @MelissaTanBT Singapore BIG investors might be losing faith in Singapore Post’s ability to deliver worthwhile returns, going by the stock’s even steeper plunge to a 22-month low on Thursday that was accompanied by a spike in the
      Source: Bloomberg  -  481 words
    • Article, Illustration
      Lock icon Global platinum body seeks to lift demand for the metal here
      684 7  -  Its membership of S’pore Bullion Market Association will boost Republic’s status as precious metals trading hub By Andrea Soh sandrea@sph.com.sg @AndreaSohBT Singapore SINGAPORE, which has seen a flurry of activity in its gold sector in recent years, could see
      Source: World Platinum Investment Council (forecast numbers)  -  684 words
    • Article
      Lock icon Noble continues to have support of bankers: CEO
      763 7  -  By Andrea Soh sandrea@sph.com.sg @AndreaSohBT Singapore NOBLE Group said on Thursday that it continues to have the support of its bankers as it secured shareholders’ approval to sell its remaining stake in its agriculture unit in a bid to strengthen its balance
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    • Article, Illustration
      Lock icon STI / Catalist
      63 8 STI Catalist straits Times index Jan 28,2016 2,562.45 +16.27 (+0.64%) Current streak 2 days Day high 2,563.82 Day low 2,540.71 52-week high 3,539.95 (Apr 15, 2015) 52-week low 2,532.70 (Jan 21, 2016) FTSE ST Catalist Index Jan 28,2016 431.40 -1.96 (-0.45%) Current streak 4 days Day high 435.64 Day low
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    • Article, Illustration
      Lock icon STI closes higher as Dow futures rise
      613 8  -  Pictet exec identifies four reasons for worst start to new year for equity markets since 1897 STOCKS By R Sivanithy sivan@sph.com.sg @RSivanithyBT THE Straits Times Index (STI) on Thursday finished with a rise of 16.27 points at 2,562.45 thanks mainly to an afternoon
      Source: Bloomberg  -  613 words
    • Article
      Lock icon STI STOCKS
      306 8 Stock name Close Change Day high/low 52w high 52w low PE Div yield Mcap Ascendas Reit 226 unch 228/224 271 209 6.5 5936.4 CapitaLand 297 +3 299/293 379 267 10.9 3 *****.5 CapitaMall Trust 197 xd -2 198/194.5 228 184.5 5.7 6846.3 CityDev 671 +3 678/664 1095 661
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    • Article
      Lock icon GAINERS
      74 8 BY CENTS CLOSE UP 52w high/low IS S&P500 US$ ***** 311.0 1.2 *****/***** DBXT E50 US$ 4257 252.5 4.3 5300/4080 Lyxor Indonesia US$ 7261 156.9 1.5 9094/6250 LantroVision 310 82.0 36.0 325/187.5 Jardine C&C 3545 56.0 1.6 4258/2636 BY PERCENTAGE CLOSE UP 52w high/low DBS MB eCW*****4 0.2 100.0
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    • Article
      Lock icon LOSERS
      76 8 BY CENTS CLOSE DOWN 52w high/low SPDR DJIA US$ ***** -131.2 -0.6 *****/***** DBS Bk 4.7% NCPS ***** -28.0 -0.3 *****/***** DBXT CSI300 US$ 728 -21.4 -2.0 1471/720 Haw Par Corp 753 -17.0 -2.2 953/730 DBS Grp 1354 -12.0 -0.9 2150/1345 BY PERCENTAGE CLOSE DOWN 52w high/low SingPost MBeCW16
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    • Article
      Lock icon UNUSUAL ACTIVITY
      83 8 VOL CLOSE($) CHANGE Joyas Intl 4,648.1 0.007 -0.003 -30.00 Colex 82.0 0.290 -0.035 -10.77 EMS Energy 5,506.3 0.100 -0.120 -54.55 KTL Global 201.5 0.080 +0.020 +33.33 Techcomp 15.0 0.210 -0.020 -8.70 Chemical Ind 279.5 0.550 +0.025 +4.76 Abundance Intl 240.0 0.026 -0.001 -3.70 Tung Lok Rest 73.0 0.085
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    • BROKERS’ TAKE
      • Article
        Lock icon Ezion Holdings Sell
        204 8 Target price: S$0.11 Jan 28 close: S$0.49 KGI Fraser, Jan 28 Major offshore E&P companies are slashing budgets by a further 20-30 per cent in 2016, according to Bloomberg intelligence. This marks the first time since the 1980s where global capex has been reduced for two consecutive
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      • Article
        Lock icon Starhill Global Reit Buy
        141 8 Target price: S$0.84 Jan 28 close: S$0.735 RHB, Jan 28 For Q2 FY16, the Reit’s gearing level remained healthy at 35.7 per cent, with no significant debt refinancing requirement kicking in until 2018. The Reit’s overall occupancy remained high at 98 per cent, while its Singapore
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      • Article
        Lock icon OUE Commercial Reit Hold
        232 8  -  Compiled by Melissa Tan Target price: S$0.65 Jan 28 close: S$0.625 OCBC Investment Research, Jan 28 OUE Commercial Reit (OUECT) reported positive rental reversions over 4Q15. By the end of the quarter, OUE Bayfront and One Raffles Place’s renewal rates increased 19.9 per cent and 11.8
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    • Article
      Lock icon MOST ACTIVE
      35 8 VOLUME Secura W*****5 80,157,000 Noble 32,916,400 Global Logistic 31,726,300 SingPost 31,046,500 Secura 30,358,900 Market volume 951,212,000 VALUE DBS Grp 123,139,903 Global Logistic 52,882,514 Singtel 52,616,662 Keppel Corp 46,640,639 SingPost 40,751,227 Market value 893,650,000
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    • Article
      Lock icon SGX ETFS
      110 8 Most Active Fund Last sale +/-(‘000) Day high/low 52w high/low Buy/Sell Mcap STI ETF 263 cd +2 1564 263/261 355/260 262/263 IS MS INDIA US$ US620 +1 750 620/615 838/605 620/622 77.5 DBXT MSRussia US$ US155 +5 161 155/153 235/129 156/157 Nikko AM STI ETF 261 +1 86
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    • Article
      Lock icon OTHER SINGAPORE INDICES
      77 8 Jan 28 VALUE CLOSE BT OB/OS -621.00 +183.00 BT CADI -*****.00 -25.00 BT 10-day MA -*****.00 -62.00 FTSE ST Mid Cap 620.30 +0.93 FTSE ST Small Cap 375.02 +0.72 FTSE ST All Share 631.72 +3.05 FTSE ST China Top 150.05 +1.77 FTSE ST China 182.30 +3.47 FTSE
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    • Article, Illustration
      Lock icon STI / FTSE ST All-Share
      35 8 STI FTSE ST All-Share FTSE ST All-Share index Jan 28,2016 631.72 +3.05 (+0.49%) Current streak 2 days Day high 632.77 Day low 627.38 52-week high 847.98 (Apr 15, 2015) 52-week low 625.37 (Jan 21, 2016)
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    • Article, Illustration
      Lock icon STI / MSCI EAFE
      33 8 STI MSCI EAFE MSCI EAFE Index Jan 27,2016 1,585.31 +15.17 (+0.97%) Current streak 5 days Day high 1,588.06 Day low 1,570.56 52-week high 1,949.49 (May 15, 2015) 52-week low 1,517.92 (Jan 20, 2016)
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    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 5 4 6 0 1 0 5 5 6 Manufacturing 32 42 27 7 7 10 39 49 37 Commerce 25 11 13 6 3 5 31 14 18 Tpt/Stor/Comms 11 15 8
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      123 8 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 25,767 1,891 27,658 76,950 274 77,224 Manufacturing 94,470 27,111 121,581 70,448 1,598 72,046 Commerce 58,351 16,364 74,715 56,919 534 57,453 Tpt/Stor/Comms 119,631 1,229 120,860 158,511 95 158,606 Finance 20,010 15 20,025 190,260 2 190,262 Construction
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    • Article
      Lock icon Oil gains help Aussie and kiwi units after Fed statement
      502 9 CURRENCIES REUTERS London COMMODITY-LINKED major currencies including the Australian and New Zealand dollars gained on Thursday as oil rose back above US$33 a barrel to its highest levels in almost three weeks. A mixed performance for other majors after Wednesday’s
      REUTERS  -  502 words
    • FOREX RATES
      • Article, Illustration
        Lock icon HANG SENG
        2 9
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      • Article
        Lock icon INTERBANK CROSS RATES
        471 9 Jan 28 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.995 4.650 0.650 5.509 48.136 98.075 0.840 8.522 2.977 1.094 74.185 33.753 1.009 11.568 0.719 23.733 25.342 0.496 0.707 Canada 1.005 4.671
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      • Article, Illustration
        Lock icon SHANGHAI COMPOSITE
        2 9
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      • Article, Illustration
        Lock icon NIKKEI
        1 9
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      • Article, Illustration
        Lock icon DOW JONES
        2 9
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      • Article
        Lock icon INTERBANK CURRENCY RATES
        155 9 Jan 28 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.0085 1.0090 0.7070 0.7072 Canadian dollar 1.0130 1.0137 0.7105 0.7102 Euro 1.5515 1.5524 1.0877 1.0881 NZ dollar 0.9213 0.9221 0.6459 0.6463 Sterling pound 2.0338 2.0346 1.4258 1.4261
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      • Article
        Lock icon US$/S$ FORWARD RATES
        22 9 Jan 28 S$ Bid Offer 1-month 1.4272 1.4278 2-months 1.4284 1.4290 3-months 1.4295 1.4301 6-months 1.4328 1.4334 Source: OCBC
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    • EQUITY BONDS WARRANTS FUTURES
      • Article
        Lock icon SGX DERIVATIVES TRADING
        392 9 Jan 28 OPEN HIGH LOW SETT VOL OP/INT FTSE CHINA A50 INDEX FUTURES Jan16 8775.00 8887.50 8600.00 8645.00 *****9 *****6 Feb16 8642.50 8750.00 8497.50 8625.00 *****7 *****8 NIKKEI 225 INDEX FUTURES Mar16 *****.00 *****.00 *****.00 *****.00 *****5 *****3 Jun16 *****.00 *****.00 *****.00 *****.00 844 4338 MSCI TAIWAN
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      • Article
        Lock icon BONDS, WARRANTS, PREFERENCE SHARES
        210 9 Most active Jan 28 Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Secura Group W*****5 1.5 ***** 1 35 62 15.00 36 CSC Holdings W*****9 0.6 0.1 ***** 1 1 7 2.50 59 KepCorp MB eCW*****1 6.9 unch *****
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      • Article
        Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
        377 9 In local curr In S$ In US$ dy yr dy yr dy yr Jan 27 Index Change Change Change Change Change Change World Preliminary 1191.4 0.6 -6.8 0.9 -6.3 0.6 -7.1 EAFE Preliminary 943.1 1.0 -6.9 1.2 -6.9 1.0 -7.6 Europe Preliminary 1332.9 0.6 -5.6
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    • BANK RATES
      • Article
        Lock icon INTERBANK RATES
        154 9 Jan 28 $S Offer Bid 0vernight 0.10 0.03 1-month 1.125 1.000 2-months 1.1875 1.0625 3-months 1.2500 1.1250 Overnight mode: N.A. US$ Offer Bid 7 days 0.45 0.35 1 month 0.48 0.38 2 months 0.65 0.45 3 months 0.75 0.55 6 months 1.00 0.80 9 months 1.20 1.00 12
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      • Article
        Lock icon GOVERNMENT SECURITIES
        65 9 Jan 28 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0F 1.375 01-Oct-17 100.34 5-Year NX*****X 2.250 01-Jun-21 101.2 101.40 101.18 10-Year NX*****Z 2.375 01-Jun-25 100.01 100.20 100.05 15-Year NZ*****F 2.875 01-Sep-30 101.88 102.25 102.00 20-Year NZ*****V 3.375 01-Sep-33 108.59 109.30 108.75
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    • AGRI METALS ENERGY
      • Article
        Lock icon COMMODITY FUTURES
        250 9 Jan-27 Price Net change change Last Trade Agricultural Jan-27 CBOT Soybeans (US cents/bu) 883.00 6.50 0.74% 14/03/2016 CBOT Soybean Oil (US cents/lb) 30.87 0.13 0.42% 14/03/2016 CBOT Wheat (US cents/bu) 476.50 -8.25 -1.70% 14/03/2016 Jan-27 LIFFE Cocoa (£/tonne) 2005.00 -36.00 -1.76% 14/03/2016 LIFFE Coffee (US$/tonne) 1367.00 26.00 1.94%
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    • Article, Illustration
      Lock icon FHT’s Q1 DPS gets a lift from Sofitel Sydney
      626 10  -  DPS of 1.72 cents is a 7.5% rise from estimated DPS of 1.6 cents in same period last year By Lynette Khoo lynkhoo@sph.com.sg @LynetteKhooBT Singapore FRASERS Hospitality Trust (FHT) reported a distribution per stapled security (DPS) of 1.72 cents for the
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    • Article
      Lock icon AIMS AMP Reit’s Q3 DPU up 0.7% at 2.85 cents
      236 10 Singapore AIMS AMP Capital Industrial Reit (AA Reit) on Thursday reported a distribution per unit (DPU) of 2.85 Singapore cents for Q3 FY2016 ended Dec 31, 2015. This was up 0.7 per cent from 2.83 cents in the corresponding quarter
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    • Article
      Lock icon MBS adjusted earnings for Q4 down 35%
      358 10  -  By Grace So graceso@sph.com.sg Singapore MARINA Bay Sands (MBS) earnings for the fourth quarter of 2015 have fallen almost 35 per cent to US$338.2 million from a year ago. This was revealed when the Singa-pore-based integrated resort’s parent, Las Vegas Sands (LVS), posted
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    • Article
      Lock icon Secura dips on Catalist debut
      264 10  -  By Nisha Ramchandani nishar@sph.com.sg @Nisha_BT Singapore SECURITY solutions provider Secura Group, which made its debut on the Catalist board of the Singapore Exchange on Thursday, opened at 24.5 Singapore cents before falling to end the day’s trading at 22.5 cents. Some 30.36 million shares changed
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    • Article
      Lock icon Ascendas Hospitality Trust Q3 DPS up despite fall in revenue
      444 10  -  By Kelly Tay kellytay@sph.com.sg @KellyTayBT Singapore ASCENDAS Hospitality Trust on Thursday reported a distribution per stapled security (DPS) of 1.45 Singapore cents for the third quarter ended Dec 31, 2015 (Q3 FY2016). This was up from 1.3 cents in the
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    • Article
      Lock icon SGX MAINBOARD
      1687 11 52-Wk Last Vol Day Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/Ep $mil Last Vol Day Div GrYld 153 127 AIMSAMP Cap Reit 131.5cd +2 345 131.5 128.5 1 8.4 834.6 MCap 175.5 101 ARA Asset Mgmt 103 +1 125 104 103 2.1
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    • Article
      Lock icon SGX CATALIST
      287 11 52-Wk Last Vol Day Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/E Company Last Sale Vol ('000) 1 0.3 t Advanced Systems 0.3 unch 160 0.3 0.3 7.9 Day Low Div C'vr GrYld Net P/E MCap 35 10 t 3Cnergy 10.1 29.5 16.7
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    • Article
      Lock icon SGX ETF
      133 11 52-Wk Last Vol Day Div GrYld Net MCap High Low Counter Sale +/-(’000) High Low C’vr P/E Counter Last Sale vol 4258 2407 DBXT China50 US$ US2503 +34 11 2503 2485 6.9 399 190 DBXT MSBrazil US$ US197 +5 54 197 196 1750 1027 DBXT MSCHINA US$ US1061
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  • Page 6 Advertisements
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      Lock icon Page 6 Advertisements Column 1
      55 6 Star 8 f SOLA* Zero Down Payment for Solar Energy! Save up to 35% more in your current monthly electricity bill. Solar developer Star8 Singapore offers solar power leasing (pay as you use) and financing for all types of factories, warehouse, buildings and houses. All enquires are welcome. Tel: 6316
      55 words
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  • Page 7 Advertisements
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      Lock icon Page 7 Advertisements Column 1
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  • Page 10 Advertisements
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      Lock icon Page 10 Advertisements Column 1
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      Lock icon Page 10 Advertisements Column 2
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  • Page 11 Advertisements
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      Lock icon Page 11 Advertisements Column 1
      71 11 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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  • BANKING & FINANCE
    • Article, Illustration
      Lock icon Deutsche Bank’s securities unit reports Q4 loss on revenue slump
      827 12 BLOOMBERG Frankfurt DEUTSCHE Bank’s securities unit posted a loss in the fourth quarter with each of the businesses reporting a slump in revenue as co-chief executive officer John Cryan scales back trading activities to bolster returns. The loss of 1.15
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    • Article
      Lock icon Currency markets tell Kuroda he can’t turn back the clock on yen
      882 12 More stimulus would only slow yen rally, not reverse it, as BOJ is running out of bonds to buy BLOOMBERG Tokyo CURRENCY traders are writing off Haruhiko Kuroda’s ability to weaken the yen the way he did in
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      Lock icon Did you know: Diabetes is linked to oral health?
      701 12 More than 400 medical and dental professionals gather in Singapore symposium organised by global conglomerate Sunstar and US diabetes research centre Joslin BT ADVERTORIAL AROUND half a million people in Singapore have diabetes, a disease especially widespread among older people. Singapore
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  • ENERGY & COMMODITIES
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      106 13 Learn about your heart’s health and how to take better care of your heart. Led by Dr Michael Lim, internationally renowned Interventional cardiologist and regular contributor of “Health” articles featured in The Business Times Weekend every fortnight. Medisave Claimable up to S$300** **Medisave withdrawal limit for outpatient scans for diagnosis
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  • TECHNOLOGY
    • Article
      Lock icon Samsung warns of bleak 2016 for tech sector
      836 14 Quarterly profit down 39%; company joins Apple Inc in forecasting a gloomy year ahead The Korean conglomerate, whose quarterly profit fell short of expectations by almost 40 per cent, said the deteriorating global economy was eroding demand for computers and smartphones and
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    • Article
      Lock icon Facebook thrives as ads and users turbocharge sales growth
      639 14 BLOOMBERG San Francisco FACEBOOK Inc is turning into a well-oiled ad machine. The world’s biggest social network notched another record period, with fourth-quarter sales jumping 52 per cent as the company capitalised on its reams of user information to serve up
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    • Article
      Lock icon Nomura joins varsity to invest in startups
      461 14 BLOOMBERG Tokyo JAPAN’S quest to gain ground in venture capitalism has brought together its oldest university and biggest brokerage. Keio University and Nomura Holdings Inc are teaming up to raise 10 billion yen (S$ 120 million) over the next 10 years to invest
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      726 14 NOTICES TOLL FREE 1800-289-8822 I Email notices@sph.com.sg I www.sphclass.com.sg/notices ID TorontoDominion bank CONSOLIDATED BALANCE SHEET As at October 31 CONSOLIDATED STATEMENT OF INCOME (millions of Canadian dollars) For the years ended October 31 45,637 46,554 (millions of Canadian dollars) CAPITAL STRUCTURE AND RATIOS BASEL III (millions of Canadian dollars) 2015
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  • Article, Illustration
    Lock icon 10 years of Hadoop for businesses
    1639 15  -  Apache Hadoop, more commonly known as Hadoop, and its community, is turning 10 years old (or should we say ‘10 years young’?) this year. Contributed by Daniel Ng Hadoop has come a long way officially born on January 28, 2006, Hadoop is an ecosystem
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  • CONSUMER
    • Article
      Lock icon Spotify to raise US$500m in convertible debt issue
      336 16 NYT New York SPOTIFY is looking to raise at least US$500 million in new funding to continue its global expansion and compete with powerful outlets like Apple, Pandora and Google, according to a person briefed on the company’s plans. Spotify, whose free
      NYT  -  336 words
    • Article, Illustration
      Lock icon PayPal, eBay Q4 earnings validate pressure to split the companies
      517 16 PayPal’s revenue beats analysts’ forecasts; eBay’s sales stall as shoppers go elsewhere during holiday season BLOOMBERG Seattle PAYPAL Holdings Inc wooed investors by increasing its customer base and transaction volume, while former parent company eBay Inc disappointed with declining sales
      BLOOMBERG; PHOTOS: BLOOMBERG  -  517 words
    • Article, Illustration
      Lock icon Hotel Lotte to list in largest Korea IPO since 2010
      546 16 Move comes amid group chairman’s power struggle with his elder brother for control BLOOMBERG Seoul HOTEL Lotte Co, the lodgings and du-ty-free sales unit of conglomerate Lotte Group, could go public as soon as May, the Korea Stock Exchange said
      BLOOMBERG; PHOTO: BLOOMBERG  -  546 words
  • Page 16 Advertisements
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      218 16 Discover Greener Pastures Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Change of Address Notices New Year Special! First 20 Sign-up will get a FREE Wireless Mouse! How will the Fed’s rate hike impact the Market Outlook in 2016? What are the potential opportunities in stocks from a
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      17 16 SINGAPORE CHRONICLES By the experts, for everyone. On sale at $16 at all major bookstores and www.stpressbooks.com.sg
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      19 16 Lunar New Year Online shopping Recipes Fashion tips Events calendar Check them out now! Scan QR or visit cny.zaobao.com
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  • REAL ESTATE
  • Page 17 Advertisements
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      17 17 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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      170 17 JAPAN PROPERTIES FOR SALE IKEBUKURO CENTRAL TOKYO (FREEHOLD) completed in Oct 2015 IKEBUKURO 7 minutes to Ikebukuro station by walk 5 minutes to Shinjuku station by train from Ikebukuro station 14 minutes to Roppongi station by train from Ikebukuro station 16 minutes to Tokyo station by train from Ikebukuro station
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  • Page 18 Advertisements
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      846 18 D05 HOUSE FOR SALE THE VISION Open Hse 31 Jan (Sun) 2-5pm. Cluster Hse in West Coast 3Sty Semi-D. Foreigner eligible! 4941sf, 4 ensuite+1. Pte Gdn/ Jaccuzi, Roof Terr, 2 car lots. For Appt, Call Cleo 9641-3043 D10 HOUSE FOR SALE ILLOURA, CLUSTER SEMI D Old Holland Rd. FH. 4
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  • VEHICLES & LIFESTYLE
    • Article, Illustration
      Lock icon Happiness by design
      679 19  -  By Geoff Mulgan Geoff Mulgan is chief executive of the National Endowment for Science, Technology, and the Arts and a founder of Action For Happiness. LONDON Over the last few years, thinking on happiness has undergone a sea change. Until recently, it seemed sensible to assume that
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  • Page 19 Advertisements
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      223 19 BMW FOR SALE BMW M3 VINCAR NEW BMW M3, High Option. 20% deposit. Monthly from $3,396 x 120. Sales Lease. 5 years warranty free maintenance. Call 9749 1119. MINI FOR SALE MINI COOPER S Subsidise upto $1500 on insurance 2014 Mini COOPER S white. S/Rims, Leather Seats, CD Player, Reverse
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  • GOVERNMENT & ECONOMY
    • Article, Illustration
      Lock icon Minister’s sudden resignation deals blow to Abe
      722 20  -  Amari economy minister and instrumental in Japan’s entry to TPP quits to “take responsibility” in bribery case By Anthony Rowley btworld@sph.com.sg Tokyo JAPAN’S minister in charge of economic revival, Akira Amari, stepped down suddenly on Thursday to “take responsibility” for an uproar over
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    • Article
      Lock icon Boost for role of major Asian economies in the IMF
      517 20  -  By Anthony Rowley btworld@sph.com.sg Tokyo GOVERNANCE reforms enhancing the “voice and votes” of China and India, among other emerging economies within the International Monetary Fund have begun to take effect this week, while the IMF’s capital base is also being
      517 words
    • Article
      Lock icon Widening gap between China, HK trade figures raises fake trade concerns
      276 20 REUTERS Hong Kong THE gap between China’s and Hong Kong’s official trade figures widened sharply in December, raising concerns that market players might be using trade to move funds across borders at a time when Beijing is trying to
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    • Article
      Lock icon Dec business equipment orders drop most in 10 mths
      379 20 LATEST US DATA BLOOMBERG Washington ORDERS for business equipment fell in December by the most in 10 months, a sign that US companies were slashing capital investment even before the turmoil in global financial markets. Bookings for non-military capital goods excluding
      BLOOMBERG  -  379 words
    • Article
      Lock icon Japan’s Dec retail sales fall unexpectedly as BOJ board mulls stimulus
      326 20 BLOOMBERG Tokyo JAPAN’S retail sales unexpectedly declined in December, indicating weakness in consumer spending as the central bank began a two-day meeting on Thursday to decide whether to boost monetary stimulus. The drop adds to concerns that price gains
      BLOOMBERG  -  326 words
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      567 20 NOTICES BEFORE THE III ADDITIONAL FAMILY COURT AT CHENNAI O.P. No. 4093 of 2013 Mr. V. Gunasekaran, s/o. Venkatesan, Old no.1, New no.35, Amman Koil Street, Perambur, Chennai 600 039. -Vs…Petitioner Mrs. Sivajini, w/o. V. Gunasekaran, Block 538, #02-28, Jelapang Road, Bukit Panjang, Singapore *****8. To Mrs. Sivajini, w/o. V.
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      304 20 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF NEW HORIZON ENERGY PTE. LTD. (In Voluntary Liquidation) (Company Registration No. *****4055E) NOTICE OF RESOLUTION At the Extraordinary General Meeting of the member of NEW HORIZON ENERGY PTE. LTD. deemed to have been convened and held
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  • TRANSPORT
    • Article
      Lock icon After win against Lyft, lawyer turns focus on Uber
      681 21 She vows to force Uber to overhaul its business model after Lyft agrees to change the way it treats drivers BLOOMBERG New York THE lawyer who won a promise from Lyft Inc to change the way it treats drivers said she
      BLOOMBERG  -  681 words
    • Article, Illustration
      Lock icon Boeing posts solid Q4 profit but stumbles on jet delivery forecast
      667 21 BLOOMBERG Washington BOEING Co fell the most in 14 years after its forecast for declining jetliner deliveries and less-than-expected profit caught analysts off guard and stoked concerns that demand for new planes is waning amid global economic turmoil. The
      BLOOMBERG; PHOTO: REUTERS  -  667 words
  • Page 21 Advertisements
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      1301 21 NOTICES T O L L F R E E 1 8 0 0 -2 8 9 8 8 2 2 I E m a i l n o t i c e s s p h c o m s g I w w w s p h c l
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      193 21 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF BLAKE HOLDINGS PTE. LTD. (IN MEMBERS’ VOLUNTARY LIQUIDATION) (Company No: *****4132H) FINAL MEETING NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the Companies Act, Cap. 50, that the FINAL MEETING of the members of the
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      2053 21 CHINA FLEXIBLE PACKAGING HOLDINGS LIMITED (Incorporated in Bermuda with limited liability) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting (“AGM”) of China Flexible Packaging Holdings Limited (“the Company”) will be held at RelJoicel Ballroom, Ground Floor of Hotel Re, 175A Chin Swee Road, Singapore
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      149 21 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF YEH BROTHERS SOLAR PTE LTD (In Members' Voluntary Liquidation) Reg No. *****4354E NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Cap. 50, the Final Meeting of the
      149 words
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  • OPINION
    • Article
      Lock icon Long-term investments key to achieving nation’s dreams
      561 22 EDITORIAL AS a new Parliament takes its place and Singapore embarks on its next 50 years of independence, now is the time to pick a destination for the future and, just as importantly, figure out how to get there. In crafting the next
      561 words
    • Article, Illustration
      Lock icon Roads to the future versus bridges to nowhere
      831 22  -  THE BOTTOM LINE By Anthony Rowley IN the past, Japan was often accused of “building bridges to nowhere” by those criticising its penchant for public infrastructure construction. Nowadays some charge that China is proposing to build highways or railways to nowhere with
      831 words
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      Lock icon The right way to build a modern retail firm
      1174 22  -  There’s a danger in relying on benchmarks. Operating models need to be tied to a retailer’s unique strategy. BY ANDREW NOBLE AND LOUIS LIM BY ANDREW NOBLE, LOUIS LIM T Andrew Noble is partner in the Boston office of Bain Company,
      PHOTO: REUTERS  -  1,174 words
    • Article
      Lock icon Reasons for optimism about the long term
      1028 23  -  COMMENTARY By Frank-Jürgen Richter T The writer is founder and chairman of Horasis, a global visions community NOT only is the planet’s rotation slowing down because of tidal forces between Earth and the Moon, so is its economy. Roughly every 100 years, the
      1,028 words
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      Lock icon The 4th Industrial Revolution and the US dollar dilemma
      810 23  -  By Lutfey Siddiqi, Simon Smiles THE theme of last week’s World Economic Forum (WEF) annual meeting in Davos was the Fourth Industrial Revolution. The argument is that the world has seen three industrial revolutions mechanical production and steam power; mass production
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    • Article, Illustration
      Lock icon Implementing IoT innovation in Industry 4.0
      1169 23  -  The Internet of Things can help to streamline processes while increasing the efficiency and cost effectiveness of manufacturing operations. BY THOMAS JAKOB operations.BY THOMAS JAKOB T The writer is regional president, Bosch Software Innovations, Asia Pacific THE Internet of Things (IoT) and Industry 4.0
      PHOTO: AFP  -  1,169 words
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  • Page 24 Advertisements
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      1167 24 THE BUSINESS TIMES Shipping times 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 PG PKL KUC KK JKT SEA STELLAR 001 60 2/2 4/2 5/2 MALAYSIA STAR 55 50 8/2 10/2
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      379 24 C a i l a n B r i s b a n e E n Shanghai Chittagong n o r e J e d d a h H o n g Ho Chi Minh J e b e K o n g NYK RORO (ASIA) PTE. LTD. REGULAR SERVICE
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      485 24 WALLENIUS WILHELMSEN LOGISTICS Tel: (65) 6379 5066 Fax: (65) 6379 5106 Email: 2wsinenq@2wglobal.com website: http://www.2wglobal.com AUSTRALIA NEW ZEALAND TO ASIA VESSEL VOY AKL BNE PKL MEL FRE SIN OBERON FF605 15/01 17/01 19/01 24/01 31/01 TAMERLANE FF606 18/01 22/01 24/01 26/01 30/01 06/02 SALOME FF607 30/01 03/02 05/02 07/02 11/02
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      245 24 ENG LEE SHIPPING CO PTE LTD Tel: *****222 (10 Lines) Fax: *****174/*****960 Website: www.englee.com.sg/Email: marketing@englee.com.sg CR No: **********0C REGULAR FEEDER SERVICES TO INDONESIAN (DE1) VESSEL VOY SIN ETA SIN ETD DESTINATION FREQUENCY Marco Polo 122 BST056 30/01/2016 31/01/2016 Buatan/Buatan DAILY Marco Polo 888 BST239 31/01/2016 01/02/2016 Buatan/Buatan DAILY Marco Polo
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  • BT Lifestyle
    • Article, Illustration
      Lock icon RECLAIMING CHINA TOWN’S IDENTITY
      1944 25  -  A group of heritage activists share the challenges and pitfalls of reviving interest in Chinese culture and community where it all began began.BY TAN TECK HENG thtan@sph.com.sg IT is the Chinese New Year. In Chinatown, mon-key-themed street lighting and a sea of makeshift vendors touting the
      PHOTOS: YEN MENG JIIN, KOH WEE LIANG, JENSEN CHING; PHOTOS: JENSEN CHING, GETAI GROUP, GUY KEATING., FILE  -  1,944 words
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  • CINEMA
    • Article, Illustration
      Lock icon Making an interesting statement
      641 26  -  The Dressmaker goes through multiple mood shifts as it follows its heroine on her journey of redemption and retribution. BY GEOFFREY EU BY GEOFFREY EU “I’M back, you bastards,” says Myrtle “Tilly” Dunnage (Kate Winslet) after she steps off the bus in 1950s Dungatar, the Aussie
      641 words
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      Lock icon It’s pure torture to watch De Niro here
      556 26  -  By Geoffrey Eu WHEN a movie’s main premise is based on the crude antics of a horny senior citizen and his desire to have sex with a college girl, you might justifiably expect it to be just another dumb comedy on the
      556 words
    • Article, Illustration
      Lock icon A weekend of Swedish cinema
      637 26  -  By Avanti Nim avantin@sph.com.sg WHEN you think about Sweden, what comes to mind first? If it’s ready-to-as-semble furniture, meatballs, or just a place where they have really high tax rates, it might be time to widen your cultural horizons. The Embassy of Sweden (Singapore) in
      637 words
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      Lock icon Two Singapore films at Berlin Film Festival
      505 26  -  By Dylan Tan dylantan@sph.com.sg @DylanTanSYBT THE Singapore film industry is off to a flying start in the New Year with two works featured at the upcoming 66th Berlin International Film Festival (Berlinale), running from Feb 11 to 21. Competing in the main competition
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  • ARTS
    • Post-Art Week, scene still sizzles
      • Article, Illustration
        Lock icon The breadth of life, in 5 rooms
        630 27  -  Singapore Art Week might officially be over, but some shows are still open and generating buzz. BT Lifestyle picks out four of the must-sees By Helmi Yusof helmi@sph.com.sg @HelmiBT IT may only be January. But after seeing Joan Jonas’ show at NTU Centre
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      • Article, Illustration
        Lock icon The origins of graffiti
        484 27  -  By Tan Teck Heng thtan@sph.com.sg THINK graffiti, and you might think Banksy. But mention that to graffiti enthusiast Alain-Dominique Gallizia, and he sputters indignantly: “Banksy is b t!" His response isn’t all that surprising. Aerosol art is divisive: some celebrate subversive scrawls on public walls, others
        PHOTO: PIERRE GUILLIAN – STUDIO OBJECTIVEMENT © ADAGP, PARIS 2015  -  484 words
      • Article, Illustration
        Lock icon Going from art to an immersive, unsettling experience
        505 27  -  By Cheah Ui-Hoon uihoon@sph.com.sg CLOAKED in a veil of secrecy, OH! Open House’s latest art tour, No Man’s Land, has the feel of an enacted murder mystery with all its hush-hush quality. Given the group’s reputation of holding fun art walks in
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      • Article, Illustration
        Lock icon Asian art from far-flung corners
        558 27  -  By Helmi Yusof helmi@sph.com.sg @HelmiBT THE Prudential Eye Awards for art from “greater Asia” hasn’t always hit its mark. In the past, it was criticised for a lack of diversity and less-than-transparent judging criteria. Its inaugural 2014 edition, for one, had 20 nominees of which
        PHOTO: HELMI YUSOF  -  558 words
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  • DINING/ARTS
    • Article, Illustration
      Lock icon From KTV to indie
      709 28  -  Hive by Wala Wala replaces nightclub at Furama RiverFront’s annex block. block.BY TAN TECK HENG thtan@sph.com.sg JUST over a year ago, Havelock Road was known for its KTV lounges, three of which were housed in hotel Furama RiverFront’s annex block. Tiananmen sat prominently on the first
      PHOTOS: STANLEY YEO  -  709 words
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      Lock icon Preserving legacy of a forgotten lensman
      927 28  -  By Cheah Ui-Hoon uihoon@sph.com.sg IF not for Jacqueline Kennedy’s death in 1994, the late photographer Mark Shaw’s archive of fashion and celebrity shots from the 1950s to 1960s might have continued to languish in cold storage. As it turned out, one of Shaw’s signature
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      Lock icon Let there be (sustainable) light
      602 28  -  By Avanti Nim avantin@sph.com.sg think all that YOU may think you’ve seen all that Marina Bay has to offer. But with the return of i Light Marina Bay, Asia’s leading sustainable light art festival, here’s your chance to see it again in, well, a new
      PHOTO: I LIGHT MARINA BAY 2016  -  602 words
  • Page 28 Miscellaneous
    • Miscellaneous
      Lock icon Page 28 Miscellaneous Column 1
      315 28 CRYPTIC CROSSWORD Across 1 Put off, seeing pop style madness surrounding ‘Posh’ (10) 6 Members with Air Miles both gutted (4) 9 Reserve holding opener for lotion or ointment (5) 10 Wine in imitation piece of glass, we hear (9) 12 Make-up artist’s alien accepted by astronomer (13) 14 Novel
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  • CITY LIFE
    • Article, Illustration
      Lock icon A purr-fect way to support local music
      676 29  -  The Company of Cats kicks off its popular Monthly Mewsic Series with singer-songwriter-actress Ethel Yap playing her first show in a roomful of cats. BY DYLAN TAN BY DYLAN TAN dylantan@sph.com.sg @DylanTanSYBT BELIEVE it or not, the resident felines at “kitty kafe” The
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    • CITY BUZZ BT writers’ picks of what to see, do or talk about
      • Article, Illustration
        Lock icon LANEWAY ROLLS TO GREATER HEIGHTS
        275 29  -  CONCERT By Dylan Tan St Jerome’s Laneway Festival 2016 MUSIC fans are spoilt for chance this weekend with everybody from local singer-songwriter Ethel Yap playing in a roomful of cats to UK punk legends The Exploited performing in Singapore for the first time ever. But
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      • Article, Illustration
        Lock icon Comedy Masala
        152 29  -  STAND-UP COMEDY By Helmi Yusof COMEDY club Comedy Masala (left) has turned into one of the best things to do on a Tuesday night. The open-mic comedy sessions at the Boat Quay bar Hero’s features many performers each time, from amateurs to pros, quipping about life in Singapore.
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        Lock icon Cocotte’s Moules Frites Mondays
        161 29  -  DINING By Rachel Loi IF you love mussels, then Moules Frites Mondays at the rustic French restaurant Cocotte will be your favourite day of the week. Their Blue Mussels arrive from Norway every Monday afternoon, and are cooked in a every cast iron pot of three
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        Lock icon Chinese New Year Dining at FORT by Maison Ikkoku
        234 29  -  DINING By Tay Suan Chiang YOU don’t have to wait till Chinese New Year (CNY) to enjoy this feast. FORT by Maison Ikkoku currently has a CNY menu that is available till Feb 29. Executive chef and head mixologist Ethan Leslie
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      • Article, Illustration
        Lock icon Ragamalika – An Exploration of Ragas
        158 29  - Ragamalika An Exploration of Ragas CONCERT By Avanti Nim IF you’ve ever wanted to indulge in Indian classical music, here’s something for you. On Jan 30, Carnatic vocalist Charulatha Mani (right) will collaborate with instrumental orchestral group Team Madhurima to present Ragamalika An Exploration of Ragas. Presented by Mudra Cultural
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      117 30 Vorsprung durch Technik Take The aLL-new Audi A4 Everything you have always wanted in a luxury marque is now here. From the revolutionary Matrix LED headlights to the intuitive MMI Touch and smartphone interface with Apple CarPlay®, the all-new Audi A4 is nothing short of stellar. And with the optional
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