The Business Times, 30 April 2016

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Microfilm: NL33830
Total Pages: 56
1 12 The Business Times
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      55 1 BT LivingTHE BUSINESS TIMES WEEKEND APRIL 30 MAY 1 2016 PLAY CENTRAL At Playeum, kids play to learn L2-3 DINING Delicious new subscription services L4-6 HEALTH Understanding cholesterol L7 PHOTO: RICHARD KEARNS DESIGN Miele’s Invisible Kitchen L8-9 MOTORING Graceful beauty of Jaguar L11 MOTORING Citroen’s sweet hatch L10 SPORTS Manchester
      55 words
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  • BT Living
    • Article, Illustration
      Lock icon PLAY CENTRAL
      1716 2 / 3  -  The June holidays might be a month away, but it’s never too early to start planning for fun activities that kids love, with plenty of lessons embedded within. By May Yip By May Yip NO parent likes spending the weekend trying to stream Beyonce’s Lemonade “visual album” on
      PHOTOS: MIGHTY-EIGHT; PHOTOS: KIDZANIA; PHOTOS: PLAYEUM; PHOTOS: NATIONAL GALLERY  -  1,716 words
    • Article, Illustration
      Lock icon PREPAID SPECIALS
      3815 4 / 5  -  Subscription services in a box that cover everything from baking and healthy snacking to sake and whisky appreciation are all the rage. By Tay Suan Chiang taysc@sph.com.sg @TaySuanChiangBT BAKING SANS GUESSING Batterful www.batterful.com UNLIKE cooking, where a recipe can be easily tweaked and a dish will still turn
      PHOTOS: BATTERFUL; PHOTOS: INNER MATCHA; PHOTOS: MADE REAL; PHOTO: HOOK COFFEE; PHOTO: SAKEMARU; PHOTOS: WHISKY BUTLER  -  3,815 words
    • HEALTH
      • Article, Illustration
        Lock icon Understanding cholesterol
        1622 7  -  Setting LDL-C target levels makes it easier for both doctors and patients to manage risks for heart disease and stroke resulting from blockage of arteries Michael Lim ~Dr Lim is medical director at the Singapore Heart, Stroke Cancer Centre. He is a professor at Fudan University, Shanghai and
        PHOTO: FREEIMAGES  -  1,622 words
    • DESIGN
      • Article, Illustration
        Lock icon From smart to the invisible kitchen
        1351 8/9  -  The recent Eurocucina 2016 provided a peek into what the future of cooking will look like. By Jaime Ee By Jaime Ee jaime@sph.com.sg @JaimeEeBT CHEFS, beware. Going by what was on show at last week’s Eurocucina 2016, people will be eating what their kitchens
        PHOTOS: MIELE  -  1,351 words
    • MOTORING
      • Article, Illustration
        Lock icon Citroen sweet hatch
        522 10 The Citroen C4 is a small hatchback with a big car ride. By Samuel Ee samuelee@sph.com.sg A BASIC car need not be a basic drive as the Citroen C4 amply demonstrates. The French manufacturer’s five-door hatchback is an en-try-level model with attractive pricing and fuel economy. Introduced
        522 words
      • Article, Illustration
        Lock icon GRACEFUL BEAUTY
        568 11  -  The Jaguar XJ may be older but its styling is still surprisingly fresh. By Samuel Ee samuelee@sph.com.sg I T may be seven years old and longer in the tooth than the competition but the Jaguar XJ still looks fresh. Maybe it’s the radical fastback styling or perhaps a
        568 words
    • SPORTS
      • Article, Illustration
        Lock icon Foxes ready for EPL coronation
        937 12  -  no holds barred Lee U-Wen leeuwen@sph.com.sg @LeeUwenBT Correspondent LEICESTER City have fond memories of their last visit to Manchester nearly three months ago. It was a blustery Saturday afternoon when the Foxes (Leicester’s nickname) strode into the imposing Etihad Stadium and sauntered off two hours
        PHOTOS: AFP  -  937 words
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      30 7 This series is brought to you by Heart, Stroke and Cancer Centre. It is produced on alternate Saturdays. ~To read more of Dr Lim’s previous health-related articles, visit: http://www.btinvest.com.sg/ specials/shscc
      30 words
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  • Title Section
    Lock icon Masthead
    22 1 weekend THE BUSINESS TIMES www. sinesstime .com. g| APRIL 30-MAY 1, 2016 S$1.20| MCI (P) 040/08/2015 spi A SINGAPORE PRESS HOLDINGS PUBLICATION
    22 words
  • Article
    Lock icon Bad debts, lower insurance gains hit OCBC Q1 earnings
    946 1  -  Net profit falls 14% to S$856m; NPL ratio rises to 1%, mainly from oil gas exposure By Siow Li Sen lisen@sph.com.sg @SiowLiSen Singapore POOR economic growth is showing up in OCBC Bank’s first-quar-ter results with a jump in bad debts and
    946 words
  • Article, Illustration
    Lock icon Singapore ranks high in OECD report on fake goods
    702 1  -  By Chuang Peck Ming peckming@sph.com.sg @PeckmingBT Singapore TWO in every 100 imitation goods seized worldwide in recent years have been traced to Singapore. That is just 2 per cent the bulk is accounted for by China but it is enough to
    Source: OECD/Trade in Counterfeit and Pirated Goods: Mapping the Economic Impact  -  702 words
  • Article
    Lock icon Singapore undaunted by slowdown
    33 1 TOUGH COOKIE LABOUR chief Chan Chun Sing says the country is well equipped to weather the cylical slowdown in the global economy and tackle long-term structural changes ahead. 2
    33 words
  • Article
    Lock icon Services sector stays pessimistic
    26 1 DIM OUTLOOK COMPANIES in this sector expect business conditions to worsen in the next six months, while manufacturers see no change. 3
    26 words
  • Article
    Lock icon Canadian firm buys semicon player
    29 1 STATUS BOOST ACQUISITION of homegrown photonics company DenseLight Semiconductors by Toronto-listed Poet Technologies enhances Singapore’s position in the growing global compound semiconductor industry. 4
    29 words
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  • TOP STORIES
    • Article, Illustration
      Lock icon CONTENTS
      52 2 NEWS Top Stories 2-5 Raffles Conversation 6-7 Companies Markets 8-12 Banking Finance 13 Marvel-DC showdown 14&27 Real Estate 28-29 Energy Commodities 30 Technology 31 Consumer 32 Transport 33 Govt Economy 34 Life Culture 35 Opinion 36-37 Wealth 38-39 LIVING Living L2-3 Dining L4-6 Health L7 Design L8-9 Motoring L10-11
      52 words
    • Article
      Lock icon MARKETS
      135 2 HSTI 2,838.52 (-23.78) HSTI FUTURES 2,822.00 (-40.00) HSIMSCI 319.27 (-2.37) HSIMSCI FUTURES 317.90 (-4.15) STOCKS Friday Change KL COMP 1,672.72 -2.04 NIKKEI 225 Closed HANG SENG 21,067.05 -320.98 SET 1,404.61 +4.70 JAKARTA 4,838.58 -9.81 MANILA 7,159.29 -3.27 KOSPI 1,994.15 -6.78 SHENZHEN B 1,129.95 +10.92 MUMBAI 25,606.62 +3.52 11.15 EDT
      135 words
    • Article
      Lock icon Singapore well-equipped to handle slowdown
      388 2  -  Labour chief says country has in its favour resources, attitude and tripartite partnership By Chuang Peck Ming peckming@sph.com.sg @PeckmingBT Singapore SINGAPORE is well equipped to weather the current slowdown in the global economy and tackle the long-term structural changes, labour chief Chan Chun Sing said
      388 words
    • Article
      Lock icon MOF appoints Tan Ching Yee as IRAS chairwoman
      336 2  -  By Grace So graceso@sph.com.sg Singapore THE Ministry of Finance (MOF) has appointed Tan Ching Yee, incoming permanent secretary for finance, as chairwoman of the board of Inland Revenue Authority of Singapore (IRAS), with effect from May 1. Ms Tan will succeed Peter
      336 words
    • Article
      Lock icon Services sector pessimistic about next 6 months
      361 3  -  Net weighted balance of 13% of firms surveyed see conditions worsening By Soon Weilun soonwl@sph.com.sg @SoonWeilunBT Singapore COMPANIES in the services sector expect business conditions to worsen in the next six months, while manufacturers see no change. In two separate surveys, both released
      361 words
    • Article, Illustration
      Lock icon SMRT CEO: New rail financing should cover fare-revenue risk
      614 3  -  By Soon Weilun soonwl@sph.com.sg @SoonWeilunBT Singapore SINGAPORE’S new rail financing framework (NRFF) should help operator SMRT Corporation shoulder the risk of fare revenue, says SMRT CEO Desmond Kuek, as market speculation that negotiations will be concluded soon gets stronger. At the
      FILE PHOTO  -  614 words
    • Article
      Lock icon S’pore bank lending falls for 6th straight month in March
      214 3 at S$185.3 billion. Straits Times Online Singapore SINGAPORE bank lending slid year on year for the sixth consecutive month in March as loans to both consumers and businesses fell amid sluggish economic growth. Overall loans contracted 1.74 per cent last
      at S$185.3 billion. Straits Times Online  -  214 words
    • Article
      Lock icon Canadian firm buys local semicon player
      426 4  -  Acquisition will enhance Singapore’s position in compound semiconductor industry: EDB By Jacquelyn Cheok jaccheok@sph.com.sg @JacCheokBT Singapore FOR up to S$19.75 million, Poet Technologies a Toronto-listed developer of opto-electronics fabrication processes for the semiconductor industry will acquire homegrown photonics company DenseLight Semiconductors. The acquisition, to
      426 words
    • Article
      Lock icon Crowdo helps M’sian firm to record equity crowdfunding in region
      420 4  -  By Jacquelyn Cheok jaccheok@sph.com.sg @JacCheokBT Singapore HOMEGROWN crowdfunding platform Crowdo has helped Malaysian company The Parenthood raise some RM2.63 million (S$908,000) in equity crowdfunding more than double the parenting concept store’s RM1.05 million target in what is believed to be
      420 words
    • Article, Illustration
      Lock icon Assess Chee’s work experience and others’ views of him, PAP urges
      655 5  -  BT BATOK BY-ELECTION By Lee U-Wen leeuwen@sph.com.sg @LeeUwenBT Singapore WHEN choosing someone to be a Member of Parliament (MP), it is important to look hard at their work experience over the years, as well as find out what others
      FILE PHOTO  -  655 words
    • Article, Illustration
      Lock icon Chee outlines plans for running town council
      482 5  -  By Nisha Ramchandani nishar@sph.com.sg @Nisha_BT Singapore SINGAPORE Democratic Party’s (SDP) Chee Soon Juan broadly outlined plans for running Bukit Batok’s town council as the first SDP rally of the Bukit Batok by-election kicked off on Friday night. Aside from working to ensure that
      FILE PHOTO  -  482 words
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  • THE RAFFLES CONVERSATION
    • Article, Illustration
      Lock icon Charting a course for success
      1934 6/7  -  Junichiro Ikeda, president and CEO of Mitsui OSK Lines, battens down the hatches by diversifying the 132-year-old Japanese shipping giant’s operations in a challenging business environment. By Tan Hwee Hwee By Tan Hwee Hwee hweetan@sph.com.sg @HweetanBT Mitsui osk Lines (mol) president and chief executive Junichiro
      PHOTO:- ARTHUR LEE  -  1,934 words
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  • COMPANIES & MARKETS
    • Article
      Lock icon CDL Hospitality Trusts’ Q1 DPS down 9%
      456 8  -  Uncertain global economy and smaller corporate travel budgets take toll on performance By Nisha Ramchandani nishar@sph.com.sg @Nisha_BT Singapore CDL Hospitality Trusts (CDLHT) posted a 9 per cent drop in distribution per stapled security (DPS) to 2.22 Singapore cents for the first quarter ended
      456 words
    • Article
      Lock icon Indofood Q1 profit boosted by forex gains, bio assets revaluation
      433 8  -  By Cai Haoxiang haoxiang@sph.com.sg @HaoxiangCaiBT Singapore GAINS from the strengthening of the Indonesian rupiah against the US dollar, along with biological assets revaluation, boosted the quarterly results of Indofood Agri. The Indonesian palm oil producer reported a net profit of
      433 words
    • Article
      Lock icon FHT’s Q2 DPS down 3.6% at 1.33 Singapore cents
      352 8  -  By Cai Haoxiang haoxiang@sph.com.sg @HaoxiangCaiBT Singapore HOTELS and serviced residences owner Frasers Hospitality Trust (FHT) reported a distribution per stapled security (DPS) of 1.33 Singapore cents for its second quarter ended March 31, down 3.6 per cent from 1.38 cents a
      352 words
    • Article, Illustration
      Lock icon STI down 3.5% for week as BOJ, US GDP disappoint
      580 9  -  STOCKS R Sivanithy sivan@sph.com.sg @RSivanithyBT Senior Correspondent THE two central bank meetings this week were supposed to be non-events the US Federal Reserve was expected to keep interest rates steady while expressing caution about the state of the US economy,
      580 words
    • Article
      Lock icon Week’s correction wipes out most of April’s gains
      638 9  -  By Lynette Khoo lynkhoo@sph.com.sg @LynetteKhooBT IN a month that saw a rebound in oil prices, a recovery on Wall Street and no change to Fed rates for a third straight meeting, the Singapore equities market continued its climb in April from February’s
      638 words
    • Article
      Lock icon GAINERS
      76 9 BY CENTS CLOSE UP 52w high/low DBXT AUDBonds AU$ ***** 250.4 1.1 *****/***** GLD US$ ***** 225.7 1.4 *****/***** DBXT MSEurope US$ 5512 30.9 0.4 6300/4770 Lyxor LATAM US$ 483 22.8 3.6 572/340 DBXT Vietnam US$ 2300 21.5 0.7 2786/2017 BY PERCENTAGE CLOSE UP 52w high/low InnoPac 0.2 100.0
      76 words
    • Article
      Lock icon LOSERS
      80 9 BY CENTS CLOSE DOWN 52w high/low SPDR DJIA US$ ***** -215.0 -0.9 *****/***** SPDR S&P500 US$ ***** -208.3 -0.7 *****/***** Jardine C&C 3862 -162.0 -4.0 4520/2636 DBXT MSJAP US$ 4624 -88.7 -1.4 5251/4031 DBXT MSKorea US$ 5353 -57.8 -0.8 6050/4478 BY PERCENTAGE CLOSE DOWN 52w high/low DBS MB eCW*****4
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    • Article
      Lock icon MOST ACTIVE
      36 9 VOLUME Cedar Strategic 50,661,900 ThaiBev 41,790,300 Rex Intl 40,012,600 Alliance Mineral 32,251,300 Noble 29,636,200 Market volume 1,253,591,000 VALUE DBS Grp 88,317,299 OCBC Bank 82,701,979 Singtel 75,148,723 UOB 62,384,193 Wilmar Intl 55,327,110 Market value 1,153,367,000
      36 words
    • Article
      Lock icon STI STOCKS
      312 10 Stock name Close Change Day high/low 52w high 52w low PE Div yield Mcap Ascendas Reit 246 -1 246/243 255 209 5.9 6466 CapitaCom Trust 143 +0.5 144/142 169.5 122.5 6 4227.6 CapitaLand 311 -4 316/309 379 267 12.4 2.9 *****.9 CapitaMall Trust 207 -4 211/207 224 184.5
      312 words
    • Article
      Lock icon SGX ETFs Most Active
      108 10 Fund Last sale +/-(‘000) Day high/low 52w high/low Buy/Sell Mcap STI ETF 287 -2 584 289/287 354/254 287/288 IS ASIA HYG US$ US1052 349 -/-1130/977 1057/1059 IS MS INDIA US$ US670 -12 330 673/666 780/575 667/671 83.8 IS Asia BND US US1067 +9 131 1067/1057 1096/1010
      108 words
    • Article
      Lock icon BT SHARE INFORMATION SERVICE
      779 10 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS For week beginning Apr 25 Substantial Buy No of Price ———SHAREHOLDING Trans Shareholder/ Sell Shares Per Before After Stock Date Director Conv '000 Shr ('000) ('000) SIIC Environment 28-Apr-16 Triumph Power Ltd Buy ***** 0.68 *****9 28.22 *****9 29.22 SIIC Environment 28-Apr-16 S.I.
      779 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 10 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 5 7 4 0 1 0 5 8 4 Manufacturing 35 43 28 6 6 12 41 49 40 Commerce 23 20 9 4 6 4 27 26 13 Tpt/Stor/Comms 8 18 6
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      121 10 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 20,698 525 21,223 75,207 110 75,317 Manufacturing 146,645 74,312 220,957 162,748 2,599 165,347 Commerce 72,538 33,027 105,565 95,640 916 96,556 Tpt/Stor/Comms 107,957 1,387 109,344 169,350 116 169,466 Finance 23,526 23,526 256,239 256,239 Construction 22,987 4,480
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    • Article
      Lock icon OTHER SINGAPORE INDICES
      77 10 Apr 29 VALUE CLOSE BT OB/OS -244.00 -67.00 BT CADI -*****.00 -53.00 BT 10-day MA -*****.00 -24.00 FTSE ST Mid Cap 696.78 -2.53 FTSE ST Small Cap 399.59 -1.57 FTSE ST All Share 693.86 -4.89 FTSE ST China Top 166.53 -0.39 FTSE ST China 198.90 -0.55 FTSE
      77 words
    • Article
      Lock icon UNUSUAL ACTIVITY
      81 10 VOL CLOSE($) CHANGE Ossia Intl 25.3 0.220 +0.026 +13.40 China Jishan 20.1 0.021 -0.004 -16.00 CFM 45.0 0.032 -0.003 -8.57 Hengxin Tech 20.1 0.300 +0.030 +11.11 Indiabulls Trust 20,330.0 0.250 -0.010 -3.85 Fuxing China 13.3 0.350 +0.055 +18.64 TSH 5,142.1 0.151 +0.025 +19.84 Thakral 22.8 0.215 +0.015 +7.50
      81 words
    • Article
      Lock icon COMMODITY FUTURES
      193 11 Apr-28 Price Net change change Last Trade Agricultural Apr-28 CBOT Soybeans (US cents/bu) 1018.00 -1.00 -0.10% 13/05/2016 CBOT Soybean Oil (US cents/lb) 33.05 -0.57 -1.70% 13/05/2016 CBOT Wheat (US cents/bu) 475.50 1.25 0.26% 13/05/2016 Apr-28 LIFFE Cocoa (£/tonne) 2269.00 -10.00 -0.44% 13/05/2016 LIFFE Coffee (US$/tonne) 1542.00 7.00 0.46%
      193 words
    • Article
      Lock icon PALM OIL
      57 11 Apr 29 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position May 16 2560.0 2572.0 2574.0 2545.0 1071 4570 Jun 16 2570.0 2593.0 2607.0 2570.0 4741 ***** Jul 16 2574.0 2593.0 2609.0 2570.0 ***** ***** Aug 16 2563.0 2582.0
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    • Article
      Lock icon GOVERNMENT SECURITIES
      69 11 Apr 29 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0T 0.500 01-Apr-18 99.01 99.03 99.03 5-Year NX*****X 2.250 01-Jun-21 103.13 103.38 103.25 10-Year NX*****Z 2.375 01-Jun-25 103.12 103.38 103.30 15-Year NZ*****F 2.875 01-Sep-30 106.05 106.30 106.27 20-Year NZ*****V 3.375 01-Sep-33 113.08
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      155 11 Apr 29 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.0256 1.0265 0.7633 0.7638 Canadian dollar 1.0726 1.0731 0.7984 0.7983 Euro 1.5289 1.5297 1.1378 1.1382 NZ dollar 0.9351 0.9358 0.6959 0.6963 Sterling pound 1.9613 1.9622 1.4596 1.4600
      155 words
    • Article, Illustration
      Lock icon Straits Times Index
      5 11 Source: Bloomberg
      Source: Bloomberg  -  5 words
    • Article
      Lock icon BONDS, WARRANTS, PREFERENCE SHARES
      208 11 Most active Apr 29 Prem Expiry Last Vol Conv Exer Disc Gear-Mths Company Sale +or-('000) Ratio Price ing Left STI 2850 MB ePW*****0 6.1 0.3 5225 0.0 2 Ezion Holdings W*****4 16 -2.1 4913 1 50 20 3.44 48 Rowsley Ltd W*****3 0.6 unch 3392 1
      208 words
    • Article
      Lock icon MORGAN STANLEY CAPITAL INT’L INDICES
      377 11 In local curr In S$ In US$ dy yr dy yr dy yr Apr 28 Index Change Change Change Change Change Change World Preliminary 1272.1 -0.1 -0.4 -0.1 -3.5 0.2 1.5 EAFE Preliminary 960.4 -0.7 -5.2 -0.2 -6.0 0.0 -1.0 Europe Preliminary 1373.3 0.1 -2.8
      377 words
    • Article, Illustration
      Lock icon STOCK MARKETS
      10 11 Source: Bloomberg Source: Bloomberg Source: Bloomberg Source: Bloomberg
      Source: Bloomberg  -  10 words
    • Article
      Lock icon Magnus to issue S$15m more of convertibles
      543 12  -  New major shareholder introduced by director of investment target; board survives minority shareholders’ challenge By Kenneth Lim kenlim@sph.com.sg @KennethLimBT Singapore MAGNUS Energy plans to tap the final S$15 million of a controversial convertible bond deal, and its new major shareholder was introduced by
      543 words
    • Article, Illustration
      Lock icon OSIM privatisation crosses 90%; minority squeeze-out to be applied
      327 12  -  By Cai Haoxiang haoxiang@sph.com.sg @HaoxiangCaiBT Singapore OSIM International founder Ron Sim is on the verge of privatising his company, with his family having acquired, agreed to acquire, owned or controlled 90.64 per cent of OSIM’s shares as at Thursday. The 90
      PHOTO: BLOOMBERG  -  327 words
    • Article
      Lock icon Amol Gupte appointed Citi country officer for Singapore and head of Asean
      215 12  -  By Mindy Tan tanmindy@sph.com.sg @MindyTanBT Singapore AMOL Gupte has been appointed Citi country officer (CCO) for Singapore and head of Asean; he will relocate to Singapore and continue to report to Francisco Aristeguieta and participate in the Asia-Pacific
      215 words
    • Corporate digest
      • Article
        Lock icon Mapletree Logistics Trust
        216 12 MAPLETREE Logistics Trust on Friday reported a distribution per unit (DPU) of 1.8 Singapore cents for its fourth quarter ended March 31, 2016. This was a 2.7 per cent drop from the 1.85 cents paid out a year ago. Gross revenue rose 4.4 per cent to S$88.4
        216 words
      • Article
        Lock icon CapitaLand Mall Trust
        127 12 CAPITALAND Mall Trust Management Ltd (CMTML), the manager of CapitaLand Mall Trust (CMT), said that Danny Teoh Leong Kay will retire as chairman of the board and non-executive independent director from May 1. He will also step down as chairman of the corporate disclosure committee and as
        127 words
  • Page 8 Advertisements
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      Lock icon Page 8 Advertisements Column 1
      25 8 One man’s junk is another man’s treasure Shop second-hand or sell your possessions in CLASS 162 To advertise, call the Print Classified Hotline: 1800-289 9988
      25 words
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  • BANKING & FINANCE
    • Article
      Lock icon EU not fully prepared for banking collapses
      367 13 Official says national schemes may prove insufficient to deal with multiple failures Reuters Brussels THE European Union is not yet fully prepared to handle banking collapses in the event of a new financial crisis, the European Commission said on Friday, urging member states
      Reuters  -  367 words
    • Article, Illustration
      Lock icon HFT backlash ramps up pressure on India’s regulator
      783 13 Bloomberg Mumbai INDIA’S markets regulator is coming under increased pressure to improve its oversight of high-speed trading after allegations of unfair access at the nation’s biggest equity bourse. The country’s top brokerage associations are among a growing chorus of voices calling for
      Bloomberg; PHOTO: BLOOMBERG  -  783 words
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  • LIVE & CULTURE
    • Article, Illustration
      Lock icon KA-CHING!
      121 14 As Captain America: Civil War, the 13th film in the Marvel Cinematic Universe, barrels into theatres this week hot on the heels of Warner Bros.' Batman V Superman: Dawn of Justice, The Business Times Chart the showdown between two comis-book titans, Disney's Marvel and Warner Bros.' DC BT Infographics
      BT GRAPHICS: ANDREA LEE, RENALD YEO & SIMON ANG  -  121 words
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      Lock icon Page 15 Advertisements Column 1
      137 15 CONGRATULATIONS W ON WINNING THE SINGAPORE 50 ENTERPRISE s» Ace Pacific Pte Ltd Ace Pro Security Consultancy Pte Ltd Beautylane Bergen Marine And Offshore Pte Ltd Bollywood Image Cosimo Gallery Pte Ltd Graceous Pte Ltd Heaven Stream Pte Ltd Hodder Media Hup Long Automobile Pte Lte 1-Mattress Pte Ltd Improvement
      137 words
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  • Page 16 Advertisements
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      Lock icon Page 16 Advertisements Column 1
      232 16 m the yqfa mae/tro Cosimo Gallery Pte Ltd A When it comes to the selection of furniture these days, the options and possibilities are quite often endless. From the cheap and unreliable to the impractical yet ultra expensive, it is the job of the consumer to decide what would be
      232 words
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      Lock icon Page 17 Advertisements Column 1
      388 17 Lv-«J HEAVEN STREAM PTE LTD l ft Heaven Stream Pte. Ltd is a company in Singapore which specialises in food processing equipment as well as a packaging solution provider. I 1 < 1 I 3 y io E 9 Heaven Streams commenced its operations in 2002, and have since become
      388 words
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      444 18 Integrating Professionals Into Their Fields of Expertise In their 17 years of operation, Mech-ann’s unwavering commitment to their clients is reflected in how they develop precise solutions, processes and methodologies, while striving to offer their services as affordable as possible, leading them to having time-tested business relationships and maintaining their
      444 words
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      494 19 a V V if V s if s RELIABLE AND TRUSTED SECURITY Peter Shanmugam Managing Director 1 13 C* £S C- C- CS O C r SI Lextop intelligent key storage systems REAL TIME GUARD TOUR SYSTEM Established since 1994, Pedro Investigations Security Services Ptc. Ltd. is a company experienced
      494 words
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      552 20 M '•’’•'l O r y HEAttHIER CHOICE WM FROIIIHOUIE The business will be looking to continue building its brand and at the possibility of another outlet which specialises in coffee, waffles and other related products as part of their goal to eventually categorize their food and drinks to cater for
      552 words
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      480 21 r POH SIANG Your One Stop Solution Kt 1 l C I V/ w Poh Siang is a family-run business that specialises and manufactures products ranging from household and kitchen items to a wide variety of disposable items such as plastic carrier bags, microwaveable food containers as well as straws
      480 words
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      505 22 ji. pp pp fa] Predemco Outsourcing Reprographic Solutions Beginning as a simple Sole Proprietor business on the 20th of May 1989, Predemco Services Pte. Ltd. is one of the early pioneers of quality printing services in Singapore. The business was able to incorporate to their current Private Limited status in
      505 words
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      269 23 (Hecb (Sffof&e (SKalLwh^ MW SEAHORSE tf'M- lok A»”'» f A Vi, M M >?v~ 7 .;.......v,.The Best Choice Eo j' "V"' .-JE! V J ■*%3j£ZZ m s; U/ v-'$t <, v, r v U' 4 £-§3 r km (Ti’oni one khoa and a handful of employees in WZ7, Sea Horse
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      606 24 Sta rcom Mediavest Group™ Human Experiences matter. They enhance LIVES AND BUILDS BRANDS Vjtf U SMGFI i g htVelocity Singapore 27 feb 20,15 xwm w lu A V it -7 P *3= 15 ■<! Starcom Mediavest Group (Singapore) is part of a multi-national company with offices in Moscow, Bogota, Africa,
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      663 25 Sun Singapore Systems a local pioneer of the modern cashless Car Parking Systems with focus on Innovation, Quality, and Service. For more than a decade now, Sun Singapore Systems Pte. Ltd. has been playing a crucial role in the development and advancements of technology for Car Parking Systems, within both
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      472 26 mmmm V All built to the highest standards -Tony Fibreglass Pte Ltd 9 NJ TONY FIBREGLASS ENGINEERING PTE LTD (TFEPL) can easily be identified as one of the pioneers of the fibreglass industry in Singapore. The company was incorporated in 1982, formerly a sole-proprietorship business known as Tony Fibreglass Enterprise.
      472 words
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  • REAL ESTATE
    • Article, Illustration
      Lock icon Frasers to open 10 properties in China
      391 28  -  Frasers Hospitality’s game plan is to expand its presence, reaching 30 properties with 7,000 units By Lynette Khoo lynkhoo@sph.com.sg @LynetteKhooBT Singapore FRASERS Hospitality, the hospitality arm of Frasers Centrepoint Ltd (FCL), unveiled plans to open 10 new properties in China’s key cities as
      391 words
    • Article
      Lock icon Casino sells Vietnam unit to Central Group for 1b euros
      453 28 Bloomberg London CASINO Guichard-Perrachon SA has agreed to sell Vietnam’s Big C grocery chain to Central Group at an enterprise value of one billion euros (S$1.5 billion), extending an Asian divestment programme aimed to reduce the French retailer’s debt. Casino
      Bloomberg  -  453 words
    • Article
      Lock icon HK March home prices fall for sixth straight month
      270 28 Reuters Hong Kong HOME prices in Hong Kong posted their sixth consecutive month of decline in March, government data showed on Friday, with housing supply expected to hit a record high over the next few years. Home prices fell 3.5 points
      Reuters  -  270 words
    • Article
      Lock icon Househunt
      1225 29 PROPERTY TRANSACTIONS FOR SELECTED DISTRICTS WITH CONTRACT DATES BETWEEN MARCH 16 AND MARCH 22, 2016 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT-IN/LANDAREA*(SQ FT) PRICE (S$’000) PSF (S$) District 1 NON-LANDED Marina Bay Residences Apt 21/03/2016 99 2368 6680 2821 District 3 NON-LANDED Principal Gdn Apt 16/03/2016
      1,225 words
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      175 28 SAVE AUD $1 m- BUY ENBLOC Developer's Rep in Town: Sat 30 Apr Sun 1st May FRASERS GARDEN CANNINGVALE, PERTH •18 Brand New Strata Homes For Sale •Rental Guarantee Of 5% For Two Years •Total Enbloc Sale Price AUD $8.8m. •Completion Approximately May 2016 PROPERTY DETAILS: •Complete turnkey homes •Spacious
      175 words
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  • ENERGY & COMMODITIES
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  • TECHNOLOGY
    • Article, Illustration
      Lock icon Amazon posts most profitable quarter in 22-year history
      687 31 Cloud computing boosts Q1 net income to US$513m; share price jumps more than 12% NYT Seattle AMAZON delivered a blowout quarter, joining Facebook as one of the rare bright spots in a technology sector that has recently produced a string of disappointing
      NYT; PHOTO: REUTERS  -  687 words
    • Article
      Lock icon LinkedIn rises on better-than-expected forecast
      371 31 Bloomberg San Francisco LINKEDIN Corp forecast earnings that beat estimates on improved performance from its main recruiting tools, suggesting a surprise slowdown earlier this year was not as dire as analysts feared. The operator of the largest online professional network said second-quarter profit, excluding some
      Bloomberg  -  371 words
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      16 31 NOTICES Brand Your Assets Call 1800 289 8822 or e-mail notices@sph.com.sg to publicise your Financial Statements
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      300 31 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF PREMIER LAND DEVELOPMENT PTE. LTD. (In Voluntary Liquidation) (Company Reg. No. 2007-*****-E) NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. 50 that a Final General Meeting of the Company will be
      300 words
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  • CONSUMER
    • Article, Illustration
      Lock icon HK luxury retailers look to Macau for expansion
      794 32 Gambling hub’s move to diversify its image is also siphoning big spenders from HK Bloomberg Hong Kong LUXURY-WATCH retailer Halewinner will almost double its store count in the Chinese gambling hub of Macau, where casinos want time to be irrelevant, dealing another
      Bloomberg; PHOTO: BLOOMBERG  -  794 words
    • Article
      Lock icon SMEs urged to tap food and nutrition R&D
      361 32  -  By Gladys Yeo gladyeo@sph.com.sg Singapore RESEARCH into food and nutrition will be crucial for future development in the food manufacturing industry, Finance Minister Heng Swee Keat said during a visit to the Clinical Nutrition Research Centre (CNRC) on Friday. Benjamin Seet, executive
      361 words
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      110 32 4s tm 9/ v owr m 1 Surprise your mum with a gift that commemorates a significant date in her life. Pick a digitised front page newspaper of the date to be placed on one of our specially selected merchandise. Or if a subject matter close to her heart has
      110 words
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  • TRANSPORT
    • Article, Illustration
      Lock icon Tuas Terminal breaks ground
      338 33  -  Phase 1 involves reclaiming 294 ha of land and dredging the Tuas Basin and Temasek Fairway By Tan Hwee Hwee hweetan@sph.com.sg @HweetanBT Singapore CONSTRUCTION officially kicked off on Singapore’s new Tuas Terminal on Friday, with Coordinating Minister for Infrastructure Khaw Boon Wan launching the first of
      PHOTO: KUA CHEE SIONG/THE STRAITS TIMES  -  338 words
    • Article
      Lock icon European Commission approves acquisition of NOL
      238 33  -  By Tan Hwee Hwee hweetan@sph.com.sg @HweetanBT Singapore FRENCH container shipping group CMA CGM has received approval from the European Commission for its S$3.4 billion acquisition of Neptune Orient Lines (NOL). The regulatory greenlight from the Commission was granted on condition that NOL exits from
      238 words
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      47 33 HOT PROPERTY SKY@ ELEVEN 4 rms FH. 2271 sf. High flr. Unblock. No West sun. Well Reno. MRT. Vacant $3.7M neg. 6TH AVE PENTHSE, 2540sf. FH, low-rise, high ceiling, quiet, MRT doorstep. APARTMENTS FOR SALE! Check out these properties and more in The Straits Times Classified now!
      47 words
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  • GOVERNMENT & ECONOMY
    • Article
      Lock icon Inflation barely rises on soft consumer spending
      391 34 March personal consumption expenditures price index edges up 0.1% LATEST US DATA Reuters Washington INFLATION in the United States barely rose in March as consumer spending remained tepid, making it less likely that the Federal Reserve will be able to hike interest rates
      Reuters  -  391 words
    • Article
      Lock icon 1MDB will pay fine, won’t repatriate money
      576 34  -  By Pauline Ng btworld@sph.com.sg Kuala Lumpur CONTROVERSIAL state-owned firm 1 Malaysia Development Berhad (1MDB) has assured it would pay a “compound” levied by the central bank for its failure to fully comply with directions issued under the Financial Services Act 2013 (FSA), but
      576 words
    • Article, Illustration
      Lock icon There’s little Japan can do to halt yen’s sharp rise: analysts
      675 34  -  By Anthony Rowley btworld@sph.com.sg Tokyo THE yen appeared on Friday to have gone into a state of “free rise”, which some analysts said could take it all the way up to 100 to the dollar or even beyond, following
      PHOTO: AFP  -  675 words
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  • LIFE & CULTURE
  • Page 35 Miscellaneous
    • Miscellaneous
      Lock icon Page 35 Miscellaneous Column 1
      367 35 CRYPTIC CROSSWORD Across 1 Hit Parade EP entered (8) 5 One goes spare being out around very loud clubs (6) 10 Half-cut boxer who’s unfit to fight without whisky (3,4,3,5) 11 Queen’s about to encounter controversy, one that’s circulating again (7) 12 Stock put back on plate? (7) 13 Church
      367 words
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  • OPINION
    • Article, Illustration
      Lock icon Are 8-hour days still relevant for today’s working professional?
      1162 36 / 37  -  Ahead of Labour Day, here’s a look at the applicability of Welsh social reformer Robert Owen’s 19th century concept in the New World of Work. By Lee Murphy Work.By Lee Murphy WHAT does Labour Day mean to you? Is it just
      PHOTO: BLOOMBERG  -  1,162 words
    • Article
      Lock icon Boosting productivity – with optimal office lighting
      848 36 / 37  - Boosting productivity with optimal office lighting By Onno Willemse ~The writer is senior director, Global Business Line Internet Connected Lighting System, at Philips THE year 2016 will be tough for businesses in Asia. Negative growth in China has sent shockwaves across the rest of Asia, casting doubts on the region’s
      848 words
  • Page 36 / 37 Miscellaneous
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  • Wealth
    • WEALTH INVESTING
      • Article, Illustration
        Lock icon Avoid emotional investing amid volatility
        1542 38 / 39  -  Share market volatility has spiked over the last year. Investors should look for the opportunities it provides and stick to a long-term strategy. By Shane Oliver WEALTH INSIGHTS By Shane Oliver ~The writer is head of investment strategy and chief economist, AMP Capital AFTER a
        Source: Thomson Reuters, AMP Capital  -  1,542 words
      • brokers’ take
        • Article
          Lock icon United Overseas Bank (UOB) Hold
          193 38 / 39 DBS Group Research April 29 Target price: S$18.80 April 29 close: S$18.60 UOB has been known for its conservative growth but we believe the market may have overlooked the lack of its fee income differentiation as well as Greater China presence. We believe over time,
          193 words
        • Article
          Lock icon Venture Corp Buy
          147 38 / 39 OCBC Investment Research April 29 Target price: S$9 April 29 close: S$8.37 MANAGEMENT maintained that the strategy is still to build up Venture’s engineering as well as research and development capabilities to create value for its customers. At the same time, it will also continue to invest
          147 words
        • Article
          Lock icon SMRT Buy
          170 38 / 39 RHB April 29 Target price: S$1.61 April 29 close: S$1.53 THE fourth quarter of FY2016 was a weak quarter operationally. The train and bus segments booked operating losses. Operating margins for taxis fell 50 per cent year on year and quarter on quarter. The quarter was saved by
          170 words
        • Article
          Lock icon SATS Buy
          164 38 / 39  -  Compiled by Melissa Tan CIMB April 28 Target price: S$4.61 April 29 close: S$4.10 WE left the 2016 Tourism Industry Conference “Sharpening Our Strategies Towards Quality Tourism” by the Singapore Tourism Board (STB) feeling positive. STB’s efforts could sustain our forecast of 16.2 million (+6.6 per cent) tourists
          164 words
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      109 40 TO BREAK THE RULES, YOU MUST FIRST MASTER THEM. THE VALLÉE DE JOUX. FOR MILLENNIA A HARSH, UNYIELDING ENVIRONMENT; AND SINCE 1875 THE HOME OF AUDEMARS PIGUET, IN THE VILLAGE OF LE BRASSUS. THE EARLY WATCHMAKERS WERE SHAPED HERE, IN AWE OF THE FORCE OF NATURE YET DRIVEN TO MASTER
      109 words
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      73 1 THE BUSINESS TIMES WEEKEND SATURDAY/SUNDAY, APRIL 30-MAY 1, 2016 SWING 1 30 APRIL-1 MAY 2016 THE BUSINESS TIMES WEEKEND CliveAGRANRANe GOLF CAN HELP SHED INCHES FROM YOUR WAISTLINE TIGER WOODSDS DID ANYBODY Y MISS HIM AT THE MASTERS? S? BY ROHIT BRIJNATH BRYSON DECHAMBEAU illustration by Cel Gulapa HE IS
      73 words
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  • 30 APRIL-1 MAY 2016 THE BUSINESS TIMES WEEKEND Swing by sph golf
    • editor’s letter
      • Article, Illustration
        Lock icon DON’T YOU FRET. THIS KID WILL BOUNCE BACK
        1108 2  -  BY S. MURALI What were you doing at the age of 22? Me? I was a second-year student at University trying to keep up with my curriculum, some good friends and a fairly active role in a university society. What I wasn’t
        1,108 words
    • Article, Illustration
      Lock icon SHED INCHES FROM YOUR WAISTLINE
      744 3  -  ...WHILST KNOCKING SHOTS OFF YOUR HANDICAP BY CLIVE AGRAN For some time now I’ve been looking to break into the wacky world of English literature. Since the Open is no longer a realistic ambition, I’ve been thinking that I should perhaps shift the focus of
      illustration by Cel Gulapa  -  744 words
    • Article, Illustration
      Lock icon DID YOU MISS THE MAN IN RED?
      777 4  -  No chance. No way. Not for a single pitiful second did I miss Tiger Woods at the Masters. He’s old news, a has-been, a balding father who sends out pathetic tweets from the Masters that say “Pretty cool that at dinner tonight 3
      photo: Action Images  -  777 words
    • Article, Illustration
      Lock icon THE SCARY DOWNHILLER
      306 5  -  GRIP IT LIGHTLY AND SWING IN SLOW MOTION GOLFERS’ WISH LIST BY BUTCH HARMON Butch Harmon is a Golf Digest Teaching Professional. ere’s the dilemma when you face one of those slippery downhill putts: How do I hit this thing soft enough? Some people say you should
      306 words
    • Article, Illustration
      Lock icon WHY I DON’T LIKE PLAYING AT THE HOME OFFICE
      879 6  -  y least-favourite tournament is the Players Championship. Ask around the locker room, and you’ll find some guys with the same answer. UNDERCOVER TOUR PRO with Max Adler This might surprise you given the money the $1.8 million first prize and $10.5
      illustration by Brian Cronin  -  879 words
    • Article, Illustration
      Lock icon THEN AND NOW
      503 7  -  A REFRESHER ON CHANGES TO THE RULES THIS CENTURY If you recall all those times you were urged to memorise The Rules of Golf but said, “Forget it, that’s what carrying around the booklet is for,” congratulate yourself for smart procrastination. The rules of the game have
      illustration by James Yang  -  503 words
    • play it
      • Article, Illustration
        Lock icon DECHAMBEAU SIGNS WITH COBRA PUMA
        213 8  -  BY TAN JU KUANG The Hogan cap, the same-length irons, and only the fifth golfer in history to win both the US NCAA Men’s Individual Championship and the US Amateur in the same calendar year these are just some things that endure Bryson DeChambeau to
        213 words
      • Article, Illustration
        Lock icon GOLF ROUND THE CLOCK
        189 8 If you thought golf under floodlights is a novelty, night owls would be thrilled with what’s available now at Ponderosa Golf and Country Club 24-hour rounds. For just RM99 per person (green and buggy fees, and golf insurance), golfers can tee off at 7pm on Friday
        photos by COBRA PUMA Golf, Ponderosa Golf & Country Club, Society of Singapore Golfers  -  189 words
      • Article, Illustration
        Lock icon KNOWING THE RULES
        196 8 Any golfer knows that the Rules of Golf are part and parcel of the game. They’re actually put in place to help rather than hinder your game, so having some knowledge of how to interpret the seemingly arcane world of golf rules can cut some strokes off
        196 words
    • Article, Illustration
      Lock icon THE ZEALOT
      2463 10 / 11  -  BRYSON DECHAMBEAU IS ON A MISSION, GOLF IS ONLY A PART OF IT Certain golfers seem destined to enter the game’s history as genuine characters. Of course, top performers often only appear to be so, because even normal traits placed under a magnifying glass can start to look
      photo by Walter looss Jr.  -  2,463 words
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      47 3 maa H ml 100% Natural Not from concentrate No added colors flavors Fat free Gluten free Cholesterol free p.4d«i S Ul Superior taste 5 Essential electrolytes Potassium Calcium Magnesium Phosphorus Sodium The Natural Hydration for You S’ »’K v i r u: CoconutWater Essential Electrolytes 500 mL
      47 words
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      101 5 i x ?A 31^ FORGIVENESS MEETS FAST WE MADE XR EXTREMELY FORGIVING. BOEING MADE IT BLAZINGL Y FAST. Jhe new XB is unlike any driver ne ve ever created because it was engineered unlike any driver we've ever made, through a unigue partnership with Boeing, we achieved an entirety new
      101 words
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      116 7 Busline! GOLF. r OUr,X m -i j Aiy k TOUR®X JOLT FEATURES: Exchange Technology Dual Display Technology PinSeeker with JOLT Technology Accurate to Vi Yard Ranges 5-1,300 Yards; 450+ Yards to a Flag 2nd Generation E.S.P. 6x Magnification mP,V EXCHANGE TECHNOLOGY The Tour X features two new ground breaking technologies
      116 words
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      251 9 eVent to Be missed! the not to Be missed! Seven years and counting, the League has proven to be the ultimate networking platform for golfers to meet some of Singapore’s top business executives, industry professionals and decision makers, all while experiencing six of Singapore’s premier courses ars and counting, th
      251 words
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      32 12 OYSTER PERPETUAL 34 t ROLEX J m > °c »> cortinafwatch CHINATOWN POINT, #01-08/09. TEL: 6702 0061 PARAGON, #01-13. TEL: 6235 0084 RAFFLES CITY, #OI-36A. TEL: 6339 9185 WATCH FEATURED SUBJECT TO STOCK AVAILABILITY
      32 words