The Business Times, 25 July 2016

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Total Pages: 24
1 24 The Business Times
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  • Title Section
    Lock icon Masthead
    22 1 THE BUSINESS TIMES S$1.20 A SINGAPORE PRESS HOLDINGS PUBLICATION www.businesstimes.com.sg @BusinessTimes CO REGN NO *****2868E MCI (P) 039/08/2015 Monday, July 25, 2016
    22 words
  • Article
    Lock icon MARKETS
    25 1 Weekly Change STI 2,945.35 +20.00 KL COMP 1,657.42 -10.98 NIKKEI 225 16,627.25 +129.40 HANG SENG 21,964.27 +305.02 SHENZHEN B 1,144.78 +8.57 DOW 18,570.85 +54.30
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  • Article, Illustration
    Lock icon DAILY DIGEST
    228 1 Major US indexes finished last week at all-time highs as corporations promised earnings growth, and central banks around the world pledged to keep interest rates at record lows.TOP STORIES 2 MCL Land sold 436 units or 61 per cent of its Jurong West condo, Lake Grande, during its
    228 words
  • Article, Illustration
    Lock icon Funds seek opportunities amid ‘lower for longer’ setting
    1242 1  -  Be it emerging market debt, alternative assets or rotational plays, investors are trying to come to terms with the low-yield environment By Cai Haoxiang haoxiang@sph.com.sg @HaoxiangCaiBT Singapore A FUND house is preparing to launch a global long-short equity strategy. Another is buying
    Source: Bloomberg  -  1,242 words
  • Article
    Lock icon Analysts still fret over banks’ profitability, oil exposure in Q2
    966 1  -  By Jamie Lee leejamie@sph.com.sg @JamieLeeBT Singapore WITH humdrum market and economic conditions, analysts are watching Singapore banks for any uptick in defaults in the second quarter, and a broader decline in profitability. Concerns over the impact of oil prices at
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      Lock icon Page 1 Advertisements Column 1
      239 1 8 "887 1 8 1 *****1 COMMENTARY Welcome to Singapore, Michelin but DINING OUT 23 5 TUDOR BLACK BAY BRONZE Housed in a case machined from an aluminium bronze alloy, TUDOR in-house movement MT5601 offers a 70-hour power reserve and is certified by the Swiss Official Chronometer Testing Institute (COSC).
      239 words
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      27 1 CURATED PLATFORMS New wave of startups to take on LinkedIn, Netflix TOP STORIES 4 TOPLINE Rabobank adds girth with stronger food appetite in Asia companies markets 5
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  • TOP STORIES
    • Article
      Lock icon Bulls thrive in low-volatility environment
      822 2  -  The US stock market experienced a sleepy summer week as exchanges saw their lowest volumes of the year WALL STREET INSIGHT By Rob Curran btworld@sph.com.sg MAJOR US indexes finished last week at all-time highs as corporations promised earnings growth, and central banks around the world
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    • Article, Illustration
      Lock icon Markets keeping close watch on this week’s Bank of Japan meeting
      882 2  -  By Anthony Rowley btworld@sph.com.sg Tokyo THE Bank of Japan’s (BOJ) Policy Board is due to meet this week amid strong expectations that it will announce new monetary easing initiatives following a sharp cut in the government’s economic growth and
      PHOTO: REUTERS  -  882 words
    • Article, Illustration
      Lock icon Bet on reflation: SocGen analyst
      385 2  -  By Cai Haoxiang haoxiang@sph.com.sg @HaoxiangCaiBT Singapore DESPITE a deflationary environment and historically low yields, investors should bet on reflation in Japan and emerging markets, said Alain Bokobza, French bank Societe Generale’s head of global asset allocation. His top idea is to sell the Japanese yen
      385 words
    • Article
      Lock icon SME-friendly taxation for fairness: Tharman
      488 2  -  By Cai Haoxiang haoxiang@sph.com.sg @HaoxiangCaiBT Singapore POLICYMAKERS have to be especially friendly to small and medium-sized enterprises (SMEs) when designing policies to boost innovation and productivity, said Deputy Prime Minister Tharman Shanmugaratnam at a highpowered meeting over the weekend. Mr Tharman said this was one
      488 words
    • Article, Illustration
      Lock icon Curated platforms to take on LinkedIn, Netflix
      834 4  -  They seek to help users sift through the overflowing clutter to surface the noteworthy By Jacquelyn Cheok jaccheok@sph.com.sg @JacCheokBT Singapore LOVE them or dismiss them the curators are coming. They are a new wave of startups that are building compact, themed versions of
      834 words
    • Article
      Lock icon The Business Times voted No 2 by advertisers
      326 4  -  By Cai Haoxiang haoxiang@sph.com.sg @HaoxiangCaiBT Singapore THE Business Times (BT), Singapore’s only financial daily, has clinched the number two spot in trade magazine Marketing’s “Newspaper of the Year” rankings. The rankings were derived from an online survey of more than 900 advertisers
      326 words
    • Article, Illustration
      Lock icon Building a culture of volunteering one tweet at a time
      702 4  -  COMPANY OF GOOD By Nur Sabrina Azmi nsazmi@sph.com.sg T This is part of a series of stories on impactful corporate giving under the Company of Good programme led by the National Volunteer Philanthropy Centre (NVPC). The Business Times is supporting
      702 words
    • Article, Illustration
      Lock icon 2004: Boxing Day tsunami brings death, destruction
      339 4  -  Lee Hsien Loong becomes PM; China Aviation Oil reveals scandal. BY KENNETH LIM N earthquake in the Indian Ocean on Dec 26, 2004 turned into one of the deadliest natural disasters in history as it unleashed a deadly tsunami that was estimated to
      BT Graphics: Andrea Lee  -  339 words
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  • Page 4 Advertisements
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      50 4 The Business Times has been there to report and analyse the most significant news since 1976. Every week, this feature will showcase excerpts from the biggest stories for each year that the paper has been in operation. The full text of all the stories can be found online at bt.sg/bt_40
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon Rabobank adds girth with stronger food appetite in Asia
      973 5  -  It organises itself by sectors to cater to the food patterns in this part of the world BY JAMIE LEE TOPLINE worldBY JAMIE LEE leejamie@sph.com.sg @JamieLeeBT ONE suspects nothing gets Marcel van Doremaele more excited than a scatterplot of consumption patterns
      973 words
    • Article
      Lock icon Can company indemnities and D&O really protect directors?
      957 5  -  D&O policies are subject to market norms, and monetary and time limits. Also, certain risks are simply uninsurable SID BOARDROOM SINGAPORE MATTERS By Lee Kim Shin T The writer is a member of the Governing Council of the Singapore Institute of Directors
      957 words
    • Article
      Lock icon Buying by directors falls for third straight week
      1783 6  -  While selling among them is flat; a total of 9 companies record 15 purchases worth S$0.75m versus 2 firms with 5 disposals worth S$0.96m INSIDE MARKETS By Robert Halili T The writer is managing director, Asia Insider Limited THE buying fell for
      1,783 words
    • Article
      Lock icon Better guidelines needed for lifting of trading halts
      729 7  -  HOCK LOCK SIEW BY R SIVANITHY sivan@sph.com.sg @RSivanithyBT WHEN Indonesian coal miner Resources Prima Group (RPG) requested on Thursday last week for its trading halt to be lifted after the company announced it had received two legal letters of demand, the time
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    • Article, Illustration
      Lock icon 61% of Lake Grande snapped up during its launch
      424 7  -  By Cai Haoxiang haoxiang@sph.com.sg @HaoxiangCaiBT Singapore IN what MCL Land chief executive officer Koh Teck Chuan described as “overwhelming demand”, the developer sold 436 units or 61 per cent of its Jurong West condo, Lake Grande, during its launch weekend. “We
      424 words
    • Article
      Lock icon Buying stocks in extreme state of free fall pays off
      412 7 BLOOMBERG New York IT’S been a great year for catching falling knives. The buy-the-dip strategy that’s been a hallmark of the US stock rally is outdoing itself in 2016, where buying stocks in the most extreme state of free fall
      BLOOMBERG  -  412 words
    • Article, Illustration
      Lock icon STI / Catalist WEEKLY
      64 8 STI Catalist WEEKLY Straits Times Index July 22,2016 2,945.35 +20.00 (+0.68%) Current streak 1 day Week high 2,945.74 Week low 2,919.54 52-week high 3,352.65 (July 24, 2015) 52-week low 2,539.95 (Feb 12, 2016) FTSE ST Catalist Index July 22,2016 451.59 -5.46 (-1.19%) Current streak 1 day Week high 452.78 Week
      64 words
    • Article
      Lock icon GAINERS
      76 8 BY CENTS CLOSE UP 52w high/low SPDR DJIA US$ ***** 1096.4 4.6 *****/***** DBXT MSKorea US$ 5547 360.5 5.0 5551/4478 DBXT MSUSA US$ 5578 345.6 4.8 5578/4705 Jardine C&C 3708 120.0 3.3 4520/2636 DBXT STGLDv US$ 3082 111.1 2.7 3092/2731 BY PERCENTAGE CLOSE UP 52w high/low Infinio 0.3 200.0
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    • Article
      Lock icon LOSERS
      75 8 BY CENTS CLOSE DOWN 52w high/low DBXT iBoxxUSTr US$ ***** -328.0 -1.1 *****/***** JMH USD 5754 -122.0 -1.5 6103/4500 GLD US$ ***** -100.3 -0.6 *****/***** DBXT Vietnam US$ 2414 -90.8 -2.7 2786/2017 SPDR S&P500 US$ ***** -74.5 -0.3 *****/***** BY PERCENTAGE CLOSE DOWN 52w high/low Foreland FabriT 1.2 -50.0
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    • Article
      Lock icon UNUSUAL ACTIVITY
      80 8 VOL CLOSE($) CHANGE Logistics 35.0 0.230 -0.065 -22.03 China Jishan 69.0 0.047 +0.009 +23.68 MS Hldgs 23.7 0.160 +0.088 +122.22 Lereno Bio-Chem 60.9 0.012 -0.009 -42.86 IP Softcom 147.0 0.020 +0.002 +11.11 ISOTeam 8,735.3 0.360 +0.030 +9.09 KLW 63,272.9 0.013 +0.002 +18.18 Serrano 205.1 0.025 -0.013 -34.21 Green
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    • Article, Illustration
      Lock icon Markets to look at Fed and BOJ meetings
      626 8  -  STOCKS By R Sivanithy sivan@sph.com.sg @RSivanithyBT THERE are two central bank meetings for markets to watch this week, in the US and Japan. In both cases, no action is expected with respect to interest rates or more money printing, though in Japan’s
      626 words
    • Article
      Lock icon STI STOCKS
      309 8 Stock name Close Change Wk high/low 52w high 52w low PE Div yield Mcap Ascendas Reit 253 +9 254/244 254 209 6.1 6672.4 CapitaCom Trust 154 cd -3 158.5/153 158.5 122.5 5.6 4552.8 CapitaLand 313 +4 315/305 346 267 12.5 2.9 *****.4 CapitaMall Trust 220 cd +4 222/215
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    • Article
      Lock icon MOST ACTIVE
      35 8 VOLUME Annica 587,943,300 Ezra 443,531,500 Noble 418,048,600 Ezion R 223,038,100 Geo Energy Res 153,284,700 Market volume 8,054,972,000 VALUE Singtel 601,478,901 DBS Grp 379,122,099 Wilmar Intl 331,874,159 SPH 201,167,158 UOB 198,751,710 Market value 5,461,811,000
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    • Article
      Lock icon OTHER SINGAPORE INDICES
      77 8 Jul 22 VALUE CLOSE BT OB/OS 109.00 +35.00 BT CADI -*****.00 -24.00 BT 10-day MA -*****.00 +11.00 FTSE ST Mid Cap 685.38 -5.80 FTSE ST Small Cap 392.29 -0.93 FTSE ST All Share 713.90 +0.16 FTSE ST China Top 162.79 -0.11 FTSE ST China 193.81 -0.91 FTSE
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    • Article
      Lock icon SGX ETFs
      111 8 Most Active Fund Last sale +/-(‘000) Wk high/low 52w high/low Buy/Sell Mcap STI ETF 297 +1 2319 300/294 343/254 297/298 IS MS INDIA US$ US719 +4 708 719/700 780/575 717/719 89.9 Nikko AM STI ETF 299 unch 507 301/297 343/259 299/300 7.2 DBXT MSPHILS US$ US220 unch 288
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    • Article
      Lock icon COMPANY MEETINGS
      127 8 COMPANY MEETING PLACE DATE TIME ChangJiang Fertilizer A 114 Lavender Street #18-01 23-Jul 10.00am Ban Leong Tech A 150 Ubi Ave 4 #04-01 25-Jul 10.00am KSH Hldgs A 60 Eu Tong Sen Street Furama City Centre Ballroom 1 (Lvl 5) 25-Jul 9.30am Lereno Bio-Chem Ltd A Imagination Room
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    • Article, Illustration
      Lock icon STI / FTSE ST All-Share WEEKLY
      35 8 STI FTSE ST All-Share WEEKLY ftse ST All-Share index July 22,2016 713.90 +2.88 (+0.41%) Current streak 1 day Week high 715.98 Week low 709.14 52-week high 801.52 (July 24,2015) 52-week low 629.34 (Feb 12, 2016)
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    • Article, Illustration
      Lock icon STI / MSCI EAFE WEEKLY
      34 8 STI MSCI EAFE WEEKLY MSCI EAFE index July 22,2016 1,650.20 +0.06 (0.00%) Current streak 1 day Week high 1,657.14 Week low 1,643.42 52-week high 1,879.75 (July 31, 2015) 52-week low 1,492.43 (Feb 12, 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 6 9 2 0 1 0 6 10 2 Manufacturing 52 55 38 14 14 13 66 69 51 Commerce 21 35 13 8 7 6 29 42 19 Tpt/Stor/Comms 13 19 3
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      125 8 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 62,970 1,412 64,382 216,515 266 216,781 Manufacturing 561,147 913,365 1,474,512 878,135 10,611 888,746 Commerce 546,388 105,617 652,005 356,747 2,270 359,017 Tpt/Stor/Comms 902,498 32,680 935,178 1,153,957 3,277 1,157,234 Finance 98,816 423 99,239 807,078 65 807,143 Construction
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    • Article, Illustration
      Lock icon Oil prices plumb lows amid poor growth outlook
      686 8 COMMODITIES AFP London WORLD oil prices hit the lowest levels for almost 2.5 months last week as a poor global growth outlook added to concerns over a long-running supply glut. US benchmark WestTexas Intermediate (WTI) struck US$43.69 a barrel on Wednesday the
      AFP; PHOTO: REUTERS  -  686 words
    • Article
      Lock icon Dollar hits 4-month high on strong US data
      424 9 CURRENCIES REUTERS New York THE dollar index rose to a more than four-month high on Friday as positive US data and weak readings from overseas prompted investors to re-evalu-ate the likelihood of a rate increase from the US Federal Reserve while other
      REUTERS  -  424 words
    • FOREX RATES
    • EQUITY BONDS WARRANTS FUTURES
      • Article
        Lock icon SGX DERIVATIVES TRADING
        390 9 Jul 22 OPEN HIGH LOW SETT VOL OP/INT FTSE CHINA A50 INDEX FUTURES Jul16 9525.00 9540.00 9420.00 9422.50 *****2 *****2 Aug16 9535.00 9542.50 9420.00 9422.50 *****6 ***** NIKKEI 225 INDEX FUTURES Sep16 *****.00 *****.00 *****.00 *****.00 ***** *****3 Dec16 *****.00 *****.00 *****.00 *****.00 45 6007 MSCI TAIWAN
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      • Article
        Lock icon BONDS, WARRANTS, PREFERENCE SHARES
        211 9 Most active Jul 22 Prem Expiry Wk Vol Conv Exer Disc Gear- Mths Company Last Sale +or-('000) Ratio Price ing Left DBS MB eCW*****1 9.5 0.2 ***** 0.1 1620 3 Ezion Holdings W*****4 10.3ce -0.9 ***** 1 50 63 3.59 45 OCBC Bk MBeCW*****4 8 -0.1
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      • Article
        Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
        377 9 In local curr In S$ In US$ dy yr dy yr dy yr Jul 22 Index Change Change Change Change Change Change World Preliminary 1301.0 0.1 1.8 0.0 -1.9 -0.1 2.5 EAFE Preliminary 963.4 -0.1 -4.9 -0.3 -8.0 -0.4 -3.9 Europe Preliminary 1375.6 0.2 -2.6
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    • BANK RATES
      • Article
        Lock icon INTERBANK RATES
        154 9 Jul 22 $S Offer Bid 0vernight 0.05 0.01 1-month 0.625 0.50 2-months 0.8125 0.6875 3-months 0.875 0.75 Overnight mode: 0.60 US$ Offer Bid 7 days 0.52 0.42 1 month 0.55 0.45 2 months 0.70 0.50 3 months 0.80 0.60 6 months 1.10 0.90 9 months 1.30 1.10 12
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      • Article
        Lock icon GOVERNMENT SECURITIES
        69 9 Jul 22 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0T 0.500 01-Apr-18 99.25 99.28 99.27 5-Year NX*****X 2.250 01-Jun-21 104.14 104.50 104.15 10-Year NX*****F 2.125 01-Jun-26 103.31 103.70 103.50 15-Year NZ*****F 2.875 01-Sep-30 109.61 110.35 110.00 20-Year NZ*****V 3.375 01-Sep-33 116.79
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    • AGRI METALS ENERGY
      • Article
        Lock icon COMMODITY FUTURES
        250 9 Jul-22 Price Net change change Last Trade Agricultural Jul-22 CBOT Soybeans (US cents/bu) 1006.50 -26.00 -2.52% 12/8/2016 CBOT Soybean Oil (US cents/lb) 30.21 -0.85 -2.74% 12/8/2016 CBOT Wheat (US cents/bu) 425.25 7.50 1.80% 14/09/2016 Jul-22 LIFFE Cocoa (£/tonne) 2384.00 22.00 0.93% 15/09/2016 LIFFE Coffee (US$/tonne) 1780.00 -30.00 -1.66%
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    • Article, Illustration
      Lock icon Verizon said to be near deal to acquire Yahoo
      919 10 Takeover could be worth close to US$5b and both firms are hoping to announce a deal as early as this week, source says NYT New York THE end of Yahoo as an independent company may be near, and Verizon long considered
      NYT; PHOTO: REUTERS  -  919 words
    • Article
      Lock icon PRIME LENDING RATES
      238 10 Jul 22 BANKS Agricultural Bank Of China 5.50 Agricultural Bank Of China Bangkok Bank Public Co. Ltd 6.00 ANZ Singapore Bank of Communications 5.50 Bangkok Bank Public Co. Ltd ...6.00 Bank of China Limited Bank of Tokyo-Mitsubishi Bank of Communications Banque Internationale a Bank of East Asia
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    • Article
      Lock icon BNP’s First Hawaiian IPO said to value bank up to US$4b
      424 10 BLOOMBERG New York FIRST Hawaiian Inc, the Honolu-lu-based bank owned by BNP Paribas SA that filed for an initial public offering this month, plans to set terms and sell its shares in the next couple of weeks, people with
      BLOOMBERG  -  424 words
    • Article
      Lock icon DIVIDENDS ANNOUNCED
      911 10 Payment Ex Rec Pay Ann (cts) date date date date 8Telecom Intl Hldgs by 448.600 22-Mar 24-Mar 25-Jul 13-Jul AIMS Property Sec Fd do 0.183 28-Jun 30-Jun 16-Sep 22-Jun Ascott Residence Tr dc 0.297 26-Jul 28-Jul 24-Aug 20-Jul Ascott Residence Tr ap 0.365 26-Jul 28-Jul 24-Aug 20-Jul Ascott
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    • Article
      Lock icon BROKERS’ RECOMMENDATIONS
      1208 10 Consensus No. of Forecast Mean Fri’s recommendation esti-EPS PE target price Company name This wk Last mth mates (times) Accordia Golf Trt 1.00 1.00 1 0.06 10.25 0.88 0.67 AIMS AMP Cap Industrial Reit 1.00 1.00 4 0.11 13.40 1.50 1.46 ARA Asset Mgt 1.25 1.25 2 0.08
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    • Article
      Lock icon SGX MAINBOARD
      2104 11 52-Wk Last Vol Week Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/E $mil Company Last Sale vol ('000) High 151 127 AIMSAMP Cap Reit 146 +1 1656 146.5 144 0.9 7.8 929.2 Low Div 169.8 101 ARA Asset Mgmt 132 -3.5 2876 136
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    • Article
      Lock icon SGX CATALIST
      396 11 52-Wk Last Vol Week Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/E Last Vol Week 5 1.7 t Acesian Partners 2.5 unch 597 2.5 2.5 3.4 9.3 GrYld 0.8 0.1 t Advanced Systems 0.1 unch 1091 0.3 0.1 2.6 44.5 29.5 t Advancer
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    • Article
      Lock icon SGX ETF
      191 11 52-Wk Last Vol Week Div GrYld Net MCap High Low Counter Sale +/-(’000) High Low C’vr P/E Counter Last 94 69.1 CIMB APAC Div US$ US83 +6.7 0 83 83 8.7 1284 991 CIMBASEAN40 S$D 1192 +30 0 1192 1178 941 700 CIMBASEAN40 US$ US868 +4 50 872
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      42 6 ADVANCE f 'Nr ■^Po f **ai mL Pro r1 fxecut/^Ms s*» v *"v 7^46 a’*aYOUR CAREER Your career progression is now at your fingertips. Curated mid-high level positions for your consideration at www.stjobs.sg/executive. Find yours today! III! r_i STJOBS I O0 STJobs.sg
      42 words
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  • Page 7 Advertisements
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      33 7 Grow Your Stock Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Mergers Acquisitions Notices Choose from Prime Stock Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Tenders Auctions Notices
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      472 7 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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      Lock icon Page 7 Advertisements Column 3
      339 7 THE BVI BUSINESS COMPANIES ACT, 2004 DRAGON PROSPERITY INC (Company Number: *****0) (the “Company”) (IN VOLUNTARY LIQUIDATION) Notice is hereby given pursuant to Section 204(1 )(b) of the BVI Business Companies Act 2004, as amended, that the Company is in voluntary liquidation. The date of commencement of the liquidation is
      339 words
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      Lock icon Page 7 Advertisements Column 4
      388 7 IN THE MATTER OF THE COMPANIES ACT, CAP. SO AND IN THE MATTER OF KR PLUS ONE PTE. LTD. (In Members' Voluntary Liquidation) Reg No.*****7988K ("the Company") NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the Company duly convened and held on 20 July 2016, the Resolutions set out
      388 words
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      352 7 IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF CRIEFF PROPERTY INVESTMENT PTE LTD Company Regn No: *****5049Z (In members’ voluntary liquidation) NOTICE OF FINAL MEETING Notice is hereby given that pursuant to Section 308 of The Companies Act, Cap. 50, the Final Meeting of
      352 words
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  • Page 11 Advertisements
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      92 11 SGX^ Research like a pro. SGXS 01 mm r J rinrrni m r mi I i wilt it mi r > u Try out SGX StockFacts The free research and stock fundamentals portal dedicated to SGX-listed companies Singapore Exchange sgx.com/stockfacts This advertisement has been published for general circulation only. It
      92 words
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  • VIEWS FROM THE TOP
    • Article, Illustration
      Lock icon COME WHAT MAY
      1397 13 THIS WEEK’S TOPIC How do you view the new UK government under Theresa May? What policy changes do you expect that might impact businesses in Singapore? Terry O’Connor Group CEO Courts Asia Limited I AM happy that the leadership question has been resolved quickly as this will
      PHOTOS: AFP, BLOOMBERG  -  1,397 words
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      17 13 Chinese Language Content itfinaxftefnw SEE THE WORLD THROUGH THEIR BLOGS 0*30 0: SCAN a READ r f
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      Lock icon Page 13 Advertisements Column 2
      182 13 Deal 1 Safe Sound Enjoy up to 10% off subscription fee and receive a FREE 8GB Figurine Thumbdrive. Deal 2 Try Your Luck Enjoy up to 5% off subscription fee and win up to $100 NTUC Vouchers in our Sure-Win Spin! 10%Off 6%Off (worth $21.19) (worth $45.65) 5%Off 3%Off (worth
      182 words
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      31 13 The full list of views from CEOs is available at http://businesstimes.com.sg majulahmomentsRelivemets LIMITED EDITION FORLOCAL POSTAGE PREPAID POSTINGONLY COLLECTOR’S POSTCARD BOOK ONLY 1,500 COPIES PRINTED Available at good bookstores and www.stpressbooks.com.sg
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  • BT-CITIBANK YOUNG INVESTORS’ FORUM
    • Article, Illustration
      Lock icon Emerging markets: a rising debt worry
      1404 14  -  Corporate debt in the US is back at 2007 highs, but it is emerging markets which fare the weakest in debt affordability. BY VARUN GHOTGALKAR T The writer is an equity strategist at axa investment Managers INVESTOR concern about the rapid build-up of corporate
      PHOTO: REUTERS  -  1,404 words
    • Article, Illustration
      Lock icon Use ETFs to invest simply
      728 14  -  It is a low-risk, passive investment strategy which is ideal for individuals who have little capital and are beginners in investing By Amos Soo, Loh Yuan Bin T Amos Soo Chin Weng is a student at Singapore Management University’s (SMU) Lee Kong Chian School of
      PHOTO: BLOOMBERG  -  728 words
  • Page 14 Advertisements
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      105 14 GET STARTED NOW Be a young investor DO you aspire to be a successful young investor? Are you keen on taking the first step towards achieving that? The BT-Citibank Young Investors’ Forum is no typical page extracted from a financial textbook. This forum will present step-by-step guides on how to
      105 words
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  • BANKING & FINANCE
    • Article
      Lock icon Bank hacks raise fears for financial sector
      846 15 Cyber security specialists say that attacks on banks in Bangladesh, the Philippines, Vietnam and Ecuador are likely just the tip of the iceberg, and expect more revelations AFP Washington A SERIES of spectacular cyber attacks against banks, resulting in the theft of tens
      AFP  -  846 words
    • Article, Illustration
      Lock icon US set to adopt rules to curtail payday lending
      702 15 NYT Canton, Ohio THIS city of 73,000 is known for a few things the Pro Football Hall of Fame, the presidential library of William McKinley and a lively downtown arts scene. But in banking circles, it has gained a more distinct
      NYT; PHOTO: NYT  -  702 words
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      48 15 STAY RELEVANT With experience, you learn. But you can also learn to gain experience. Continue learning at www.stjobs.sg/learning. Com"* V**'**’ taMK*\\VVN W.t. A*"""* S71^rbW\ '•V > VMft» .■v' K.'f ■> V**'*' irSTJOBS 3 LEARNING w**'- <****^' Sv»**" v a*** 91 sV> > *sMTT Oo b BOOTCAMPS SEMINARS WORKSHOPS ACADEMIC COURSES
      48 words
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  • ENERGY & COMMODITIES
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      37 16 \\> e >1* OV** AO \o e lS>* S' e S» a.e *3 o«° <01 0* GO G* <01 o<' c < Track your home’s financial performance Your confidential tracking page my Property Tracker x www.srx.com.sg/*****_1 SRX.com .sg/property-tracker V
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      22 16 '(8\ The Straits Times My Paper Lianhc Zaobao Shin Min Daily News The New Paper Lianhe The Business Times Bcrita Harian Wanbao
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      25 16 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
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  • TECHNOLOGY
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      55 17 J U L 1 6 29F R I D A Y SPH News Centre 9.30am to 6.00pm CAGE THE RAGE! ANGER MANAGEMENT Trainer Michael Lum Early Bird by 24 Jul$489 Price From 25 Jul $589 Productivity and Innovation Credit (PIC) Claimable To register or find out more about our workshops,
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  • CONSUMER
    • Article, Illustration
      Lock icon US moves to block massive health insurer deals led by Anthem, Aetna
      1092 18 Department of Justice says that the two multibillion-dollar mergers will reduce competition, raise prices for consumers and stifle innovation REUTERS New York US antitrust officials moved to block an unprecedented consolidation of the national health insurance market, filing
      REUTERS; PHOTOS: BLOOMBERG  -  1,092 words
    • Article
      Lock icon Hundreds of drugs may be suspended in EU after flawed tests
      382 18 BLOOMBERG London THE European Medicines Agency called for a halt to sales of hundreds of medicines that were tested in India, after an inspection of the research site found “substitution and manipulation” of study samples. The recommendation applies to
      BLOOMBERG  -  382 words
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      Lock icon KFC and iPhones are the latest targets for Chinese nationalists
      634 18 WP Washington SINCE an international tribunal ruled last week against Beijing’s claims to the South China Sea, Chinese nationalists have expressed their contempt in a number of ways. There have been condemnatory editorials in state media, an open letter penned
      WP; PHOTO: REUTERS  -  634 words
  • Page 18 Advertisements
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      28 18 Blow your own trumpet Buy new musical instruments or put up your old ones for sale in CLASS 72 To advertise, call the Print Classified Hotline: 1800-289 9988
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  • GOVERNMENT & ECONOMY
    • Article, Illustration
      Lock icon Lagarde’s impending trial in France clouds outlook for IMF head
      1095 19  -  It may be difficult to continue her duties while under suspicion of alleged impropriety By Anthony Rowley btworld@sph.com.sg Tokyo NEWS that International Monetary Fund (IMF) managing director Christine Lagarde is to stand trial in France for alleged financial negligence during
      PHOTO: REUTERS  -  1,095 words
    • Article
      Lock icon With globalisation under threat, G-20 doubles down on a defence
      1027 19 BLOOMBERG Chengdu, China FINANCE chiefs from the world’s biggest economies signalled escalating concern about a wave of anti- globalisation sentiment that threatens core principles long embraced by the group. Meeting in China one month after a shock decision by UK
      BLOOMBERG  -  1,027 words
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      Lock icon IOC decides against blanket doping ban for Russian competitors
      768 19 AFP Lausanne THE International Olympic Committee (IOC) on Sunday ordered individual sports federations to decide whether Russian competitors should take part in the Rio Games after failing to agree on a complete ban over Russia’s state-run doping. The IOC executive decided
      AFP; PHOTO: AFP  -  768 words
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  • TRANSPORT
    • Article, Illustration
      Lock icon Abe push for maglev system due to China factor
      875 20  -  Whoever wins the technological competition could reap major international rewards from exports, say backers By Anthony Rowley btworld@sph.com.sg Tokyo COMPETITION in high-speed transportation systems is hotting up in Asia as Japan prepares to accelerate development of its magnetic levitation (maglev) system
      PHOTO: BLOOMBERG  -  875 words
    • Article
      Lock icon Connected, self-drive cars pose serious security challenges
      670 20 AFP Detroit IN A world where motor vehicles can be weapons and cars increasingly depend on internal computers and internet connections, carmakers are under increasing pressure to find ways to guard against cyber-attacks. Car industry chiefs, security experts and government officials warned at
      AFP  -  670 words
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      Lock icon China parts maker Key Safety Systems said to be planning bid for Takata
      587 20 BLOOMBERG Tokyo KEY Safety Systems, the world’s fourth largest air bag maker that was acquired by a Chinese parts maker, plans to bid for Japan’s Takata Corp, which is seeking buyers to overcome record recalls, according to
      BLOOMBERG; PHOTO: REUTERS  -  587 words
    • Article
      Lock icon Traders cut short interest on Mobileye as it establishes driverless tech
      377 20 BLOOMBERG New York BEARISH bets against Mobileye NV are receding after the maker of chips and software for driverless cars said that it would team up with BMW AG and Intel Corp to deliver fully autonomous cars by 2021.
      BLOOMBERG  -  377 words
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      356 21 NAVIGATING THE CHALLENGES OF CUSTOMER SERVICE AND WORKPLACE STRESS Who should attend: Senior and Middle Management, Supervisors, Business Owners, Front-line Executives J U L 1 6 28THURSDAY WOW! DEVELOPING CUSTOMER EXPERIENCE Excellence in customer service yields tremendous benefits for any organisation’s reputation and business growth. Yet it only takes one
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      1938 22 THE BUSINESS TIMES Shipping times C a i l a n E n n o r e J e d d a h B r i s b a n e Shanghai Chittagong ~Ho Chi Minh H o J e b e l A l i n g NYK RORO
      1,938 words
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      244 22 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 128 BST021 25/07/2016 26/07/2016 Buatan/Buatan DAILY Marco Polo 178 TTS063 25/07/2016 26/07/2016 Tebing Tinggi/Jambi DAILY Marco
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  • DINING OUT
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      Lock icon Duck into this spread
      882 23  -  For a no-frills space, we’re impressed with the attentive service and constant offers to change your plates. BY JAIME EE jaime@sph.com.sg @JaimeEeBT NEW RESTAURANT Royal London Duck #04-21/22/23 Mandarin Gallery Tel: 6836-1188 Open daily from 11am to 10pm YOU are by now familiar with Brexit. Here’s
      PHOTOS: ROYAL LONDON DUCK, JAIME EE  -  882 words
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      Lock icon Welcome to Singapore, Michelin – but...
      893 23  - Welcome to Singapore, Michelin but... COMMENTARY By Jaime Ee jaime@sph.com.sg @JaimeEeBT Singapore DEAR Michelin Guide, I don’t know how to say this you being such a revered food bible and all but we Singaporeans don’t really like you. We haven’t liked you since you said you were coming to Singapore
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  • LIFE & CULTURE
    • Article, Illustration
      Lock icon Women who prefer menswear
      1071 24 There is a movement towards clothes not being segregated by gender but rather by colour or size or shape NYT New York TWO fashion bloggers stood side by side at the Stampd presentation during the second day of New York Fashion Week: Men’s. Each wore a
      NYT; PHOTO: NYT  -  1,071 words
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      Lock icon Hamilton wins in Hungary to take overall lead
      563 24 REUTERS Budapest TRIPLE Formula One world champion Lewis Hamilton won the Hungarian Grand Prix on Sunday to seize the championship lead from team mate Nico Rosberg for the first time this season. The Briton took the chequered flag less than two seconds
      REUTERS  -  563 words
    • Article
      Lock icon Japanese ‘rent men’ who are paid just to listen to them
      529 24 AFP Tokyo SERVING anyone from lonely pensioners to Japanese schoolgirls with shattered dreams, Takanobu Nishimoto and his crew of middle-aged men will lend an ear to clients who would never dream of spilling their guts to a therapist or,
      AFP  -  529 words
  • Page 24 Miscellaneous
    • Miscellaneous
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      361 24 CRYPTIC CROSSWORD Across 1 Strike restricting a corporation (6) 4 Somehow happier having penned grand words at front of book? (8) 9 See hundred drink in this place (6) 10 Daughter with us in the beginning seen as magical (8) 11 Gosh bet the French tucking in will get fat!
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