The Business Times, 6 August 2016

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Microfilm: NL33935
Total Pages: 41
1 32 The Business Times
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  • Page 1 Advertisements
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      Lock icon Page 1 Advertisements Column 1
      59 1 BT LivingTHE BUSINESS TIMES WEEKEND AUGUST 6 7, 2016 DINING Surviving the F&B industry L6-7 DINING Melting pot of choices L8-9 PROUDLY SINGAPOREAN SG51 guide to eating, shopping and having fun L2-5 GUEST CHEF The familiar and the unexpected L10 PHOTO: HIDDEN DOOR CONCEPTS GADGETS Office Grand Prix L11 MOTORING
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  • BT Living
    • Article, Illustration
      Lock icon PROUD TO BE SINGAPOREAN
      2305 2/3  -  How do you show your love for Singapore? By doing what we do best, naturally eat and shop. BT Weekend picks out places to do your duty, with specially created National Day menus as well as special occasion, locally-designed souvenirs that make us proud of living
      PHOTOS: YEN MENG JIIN  -  2,305 words
    • Article, Illustration
      Lock icon Painting the Lion City red
      735 5  -  So you didn’t manage to get your NDP tickets but still want to be a part of the nation’s birthday celebrations. Here are some activities that will get you out of the house and in a patriotic mood. By Avanti Nim By Avanti Nim avantin@sph.com.sg
      735 words
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  • DINING
    • Article, Illustration
      Lock icon Surviving the F&B industry
      1587 6 / 7  -  Competition in the sector isn’t stopping these chefs/restaurateurs from either making a comeback or expanding. By Rachel Loi By Rachel Loi @RachelLoiBT rachloi@sph.com.sg MAKING A COMEBACK PyxieMoss 43 North Canal Road Z6532 2171 Opens late August www.facebook.com/pyxiemoss ABOUT three years after the shutters went down on
      PHOTOS: AIDAN LOO AND LE BINCHOTAN  -  1,587 words
    • Article, Illustration
      Lock icon Melting pot of choices
      1849 8 / 9  -  With new brands like Corningware Retroflam and WMF NATURamic in the market, today’s cookware is about better heat conductivity and easy-to-clean surfaces without the fear of toxicity. By Cheah Ui-Hoon By Cheah Ui-Hoon uihoon@sph.com.sg IF you’re the sort who still views non-stick pans with suspicion, you
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    • Article, Illustration
      Lock icon The familiar and the unexpected
      1403 10  -  Chef Yoshiaki Takazawa talks about his cooking philosophy and how he wants to create food that makes people go ‘wow’. By Tay Suan Chiang guest chef By Tay Suan Chiang taysc@sph.com.sg @TaySuanChiangBT JAPANESE chef Yoshiaki Takazawa says it is in his genes to choose a
      PHOTO: YEN MENG JIIN  -  1,403 words
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  • GADGETS
    • Article, Illustration
      Lock icon Office Grand Prix
      1291 11  -  Buckle up and maintain pole position in one of these gaming chairs. By Sherwin Loh sherwinl@sph.com.sg @SherwinLohBT Secretlab Titan s$699 secretlab.sg WHILE the styling of the various chairs from Secretlab can look similar, the models have key differences. The entry level Throne V2 offers great comfort, but
      1,291 words
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  • BEAUTY
    • Article, Illustration
      Lock icon LOOKING SHARP
      1277 12/13  -  A non-existent jawline, pointed chin and defined cheekbones is the new standard of beauty, but why is the V-shaped face such an Asian beauty obsession? By May Yip By May Yip ONCE upon a time, soft, almost spherical faces were considered appealing. Think the gentle contours of Lin
      1,277 words
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  • MOTORING
    • Article, Illustration
      Lock icon Curvaceous Civic
      250 14  -  Honda’s new 10th-generation sedan, which comes in two versions, is cooler and sportier. By Samuel Ee By Samuel Ee samuelee@sph.com.sg HONDA has turned the corner with a cooler and sportier Civic. The new 10th-generation Honda Civic Sedan has more distinctive styling than its predecessor. It is also longer
      250 words
    • Article, Illustration
      Lock icon Brabus hits the road with Auto Art
      262 14  -  German tuner has appointed retailer as its new distributor in Singapore. By Samuel Ee samuelee@sph.com.sg BRABUS has zoomed off to a new authorised retailer in Singapore AutoArt Motorsports. The German tuner which specialises in Mercedes-Benz cars has now appointed AutoArt, a joint venture
      262 words
    • Article, Illustration
      Lock icon VERSATILE RACER
      783 15  -  The Audi R8 has plenty of new features but three of them are stand-outs. By Samuel Ee samuelee@sph.com.sg THE Audi R8 debuts with a slew of new features but three of them are especially significant in making it one of the most versatile mid-engined models on the market.
      783 words
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  • BT CORPORATE GOLF LEAGUE 2016
    • Article, Illustration
      Lock icon It’s Team SunMoon’s day
      333 16  -  Their total score of 327 is 11 points more than defending champions Team Boustead. Boustead.Reports by Justine Moss TEAM SunMoon reminded us why they were league champions from 2012 to 2014, after a classy display during the third round of this year’s B Corporate League at
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    • Article, Illustration
      Lock icon Unwavering support since the beginning
      312 16 TEAM Citi have been a loyal supporter of The Business Times Corporate League since its inception in 2010, and it’s an event that they are delighted to support for a number of reasons, says Team Citi’s Chris Chew. “Over the past seven years, the competition
      312 words
    • Article, Illustration
      Lock icon The consistent performers
      293 16 TAT Hong have been a part of The Business Times Corporate Golf League since it began in 2010, and aside from that first outing, their team The Crane Boomers have finished consistently in the top 10 of the competition category each year, and came in third in
      293 words
    • Article, Illustration
      Lock icon Golf app adds local greens to the mix
      264 16 THERE’S good news for those who want to play an affordable round of golf in Singapore. Green Golf, the region’s first live golf booking app, has added a local course to its mix the nine-hole Champions Golf Course (formerly Green Fairways) which
      264 words
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  • TOP STORIES
    • Article, Illustration
      Lock icon CONTENTS
      50 2 NEWS Top Stories 2-7 Raffles Conversation 8-9 Companies Markets 10-14 Real Estate 15-16 Banking Finance 17 Energy Commodities 18 Technology 19 Consumer 20 Transport 21 Govt Economy 22-25 Opinion 26-27 Wealth 28-30 Life Culture 31 LIVING Cover Story L2-5 Dining L6-10 Gadgets L11 Beauty L12-13 Motoring L14-15 Golf L16
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    • Article
      Lock icon Payrolls surge as US hiring rises again for second month
      519 2 Numbers signal renewed vigour in US labour market, sustained consumer spending in H2 LATEST US DATA Bloomberg Washington PAYROLLS jumped in July for a second month and wages climbed, pointing to renewed vigour in the US labour market that will
      Bloomberg  -  519 words
    • Article
      Lock icon LTA chief quits
      107 2 The Straits Times Singapore LAND Transport Authority (LTA) chief executive Chew Men Leong has resigned, less than two years after he assumed the helm. In a surprise announcement to LTA’s 6,000 staff, Mr Chew, 48, said he was leaving for “personal career development” in the private sector.
      The Straits Times  -  107 words
    • Article
      Lock icon MARKETS
      136 2 HSTI 2,828.17 (-3.79) HSTI FUTURES 2,811.00 (-2.00) HSIMSCI 311.98 (-0.64) HSIMSCI FUTURES 310.55 (-0.25) STOCKS Friday Change KL COMP 1,664.04 +8.75 NIKKEI 225 16,254.45 -0.44 HANG SENG 22,146.09 +313.86 SET 1,518.69 +10.76 JAKARTA 5,420.25 +46.38 MANILA 7,970.35 -8.22 KOSPI 2,017.94 +17.91 SHENZHEN B 1,149.47 -0.73 MUMBAI 28,078.35 +363.98 11.45
      136 words
    • Article
      Lock icon S R Nathan still critically ill, unconscious
      204 2  -  By Kelly Tay kellytay@sph.com.sg @KellyTayBT Singapore FORMER president S R Nathan remains critically ill and unconscious, said Prime Minister Lee Hsien Loong on Friday evening. In a Facebook post following his visit to Singapore General Hospital (SGH), Mr Lee said Mr Nathan “is
      204 words
    • Article, Illustration
      Lock icon Fiscal measures coming up in the UK
      727 3  -  These are to back monetary easing and could be announced in the Autumn Statement By Neil Behrmann btworld@sph.com.sg London THE UK government is expected to cut taxes and increase infrastructure spending to back up the Bank of England’s (BOE) £170 billion (S$300 billion)
      Source: Bank of England  -  727 words
    • Article
      Lock icon Indonesian police foil rocket-attack plot on Marina Bay
      906 3 The Straits Times Jakarta THE foiled plot by six suspected Indonesian militants to launch a rocket from Batam to Marina Bay shows the threat confronting Singapore, Home Affairs and Law Minister K Shanmugam said on Friday. His comments followed the announcement by
      The Straits Times  -  906 words
    • Article
      Lock icon Firms taking M&A route to innovation: EY
      581 4  -  Two-thirds of firms in study say they plan to obtain digital capabilities through M&A rather than organic growth By Jacquelyn Cheok jaccheok@sph.com.sg @JacCheokBT Singapore INNOVATING in-house is no longer enough, a new study by EY has concluded. With constraints around time and capital,
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    • Article
      Lock icon If Uber and Grab merge, it’s commuters who lose
      1151 4  -  COMMENTARY By Jacquelyn Cheok jaccheok@sph.com.sg @JacCheokBT IT’S likely business as usual for now for Singapore-based ride-hailing company Grab even after Monday’s baffling announcement of Uber China’s sale to arch foe Didi Chuxing (China’s dominant ride-hailing firm) in a deal valuing Uber
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    • Article
      Lock icon Parallel imports treble on COE, Vezel boom
      584 5  -  Every other parallel import sold in H1 was a Vezel; Honda HR-Vs, now sourced from Japan, likely to affect Vezel sales By Samuel Ee samuelee@sph.com.sg Singapore REGISTRATIONS of parallel-imported (PI) cars trebled in the first six months of this year, outpacing the rest
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    • Article
      Lock icon 11th-hour deal struck for live Olympics broadcast in S’pore
      642 5 The Straits Times Singapore NATIONAL broadcaster Mediacorp has struck a deal with broad-cast-rights holder Dentsu to beam the 2016 Olympic Games live, one day before the opening ceremony on Saturday morning Singapore time. Sports fans can watch the Games live every
      The Straits Times  -  642 words
    • Article
      Lock icon One-stop terminal to handle containers, general cargo unveiled at Jurong Port
      364 5  -  By Renald Yeo yrenald@sph.com.sg Singapore THE loading and unloading of goods for multi-purpose vessels carrying a combination of containers and general cargo will now be quicker and more efficient. This is due to a new one-stop terminal dubbed the
      364 words
    • Article
      Lock icon Dispute resolution body for telco industry mooted
      847 6  -  This is to be an independent agency to iron out consumer-telco disputes over billing, contracts and customer support By Amit Roy Choudhury amit@sph.com.sg @AmitRoyCBT Singapore THE government is looking to set up an alternative dispute resolution (ADR) mechanism for the telecommunications and media
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    • Article
      Lock icon New body formed to look into aviation, maritime incidents
      266 6  -  By Soon Weilun soonwl@sph.com.sg @SoonWeilunBT Singapore A national body to investigate air and sea incidents and to recommend relevant safety measures has been formed. The Transport Safety Investigation Bureau (TSIB) was formed on Aug 1, the Ministry of Transport (MOT) announced
      266 words
    • Article, Illustration
      Lock icon Drawing the line with work friends
      1109 7  -  Having buddies at work is a great thing but emotional boundaries must exist to ensure that relationships remain professional and drama-free cubicle files By Vivien Shiao vshiao@sph.com.sg @VivienShiaoBT DO you have a workplace BFF whom you completely trust and share everything from personal issues
      BT ILLUSTRATION: SIMON ANG  -  1,109 words
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  • Page 6 Advertisements
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      Lock icon Page 6 Advertisements Column 1
      132 6 BT Readers Promotion An Indonesian Gastronomic Experience at The Dining Room From 15 to 21 August 2016, Guest Chef John Sawarto and the culinary team will be presenting an assemblage of contemporary Indonesian dishes harmonised with refined French techniques to commemorate Indonesia’s Independence Day. Experience a host of exciting cultural
      132 words
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  • THE RAFFLES CONVERSATION
    • Article, Illustration
      Lock icon FROM FENCING TO FITCH
      2226 8/9  -  Desperate for a job, Paul Taylor stumbled into banking by chance and credit ratings thereafter. The Fitch CEO stresses the importance of understanding what one rates. By Cai Haoxiang haoxiang@sph.com.sg H aoxiangCai BT SOME fall into something they like doing. Others have their mind set right
      PHOTO: AIDAN LOO  -  2,226 words
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  • COMPANIES & MARKETS
    • Article
      Lock icon Cosco sinks deeper into the red for Q2
      453 10  -  Group posts net loss of S$36.8m, expects worse days ahead MARINE INDUSTRY WOES By Soon Weilun soonwl@sph.com.sg @SoonWeilunBT Singapore SLUGGISH marine engineering and shipping markets sank net loss at Cosco Corporation for the quarter ended June 30 by close to seven times
      453 words
    • Article
      Lock icon Yangzijiang’s Q2 profit falls 60%
      664 10  -  By Tan Hwee Hwee hweetan@sph.com.sg @HweetanBT Singapore YANGZIJIANG Shipbuilding (YZJ), on posting a 60 per cent drop in Q2 net profit, said before trading closed on Friday that ongoing efforts are being made to trim costs in its core shipbuilding business, while the group is
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    • Article
      Lock icon CAD investigating Jason Holdings director and unit; impounds passport
      263 10  -  By Kenneth Lim kenlim@sph.com.sg @KennethLimBT Singapore THE Commercial Affairs Department (CAD) is investigating Jason Holdings director Jason Sim Chon Ang and the company’s subsidiary Jason Parquet Specialist (Singapore) regarding a possible offence under the penal code, the company announced late on
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    • Article, Illustration
      Lock icon STI ends volatile week with net loss of 1.4%
      577 11  -  STOCKS R Sivanithy sivan@sph.com.sg @RSivanithyBT Senior Correspondent THE local stock market this year has been buffeted by mainly external factors such as Brexit, weak oil prices and concerns over China’s economy. his week the focus switched to internal worries brought on
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    • Corporate digest
      • Article
        Lock icon Fragrance Group
        140 11 FRAGRANCE Group Limited has acquired a property in Tasmania, Australia, for A$3.98 million (S$4.1 million) through its subsidiary Fragrance TASHobart (Elizabeth) Pty Ltd. The property, at 234-250 Elizabeth Street in Hobart city, is located near the corner of Warwick Street and Elizabeth Street, less than 700 metres away
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      • Article
        Lock icon Bonvests Holdings
        81 11 DRAGGED by a plunge in revaluation gain on investment properties, Bonvests Holdings reported an 80.5 per cent drop in net profit to S$6.81 million for the second quarter ended June 30. Revenue grew 12.8 per cent to S$50.86 million, thanks to higher revenue from the property rental, hotel
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    • Article
      Lock icon GAINERS
      75 11 BY CENTS CLOSE UP 52w high/low SPDR S&P500 US$ ***** 178.4 0.6 *****/***** GLD US$ ***** 142.2 0.8 *****/***** DBXT MSKorea US$ 5692 73.8 1.0 5758/4478 DBXT MSAsExJp US$ 3436 53.6 1.2 3436/2772 DBXT MSTaiwan US$ 2252 52.3 1.8 2252/1667 BY PERCENTAGE CLOSE UP 52w high/low Serrano 3.8 100.0
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    • Article
      Lock icon LOSERS
      74 11 BY CENTS CLOSE DOWN 52w high/low JMH USD 5762 -40.2 -0.5 6103/4500 DBXT Vietnam US$ 2278 -37.6 -1.2 2681/2017 Bukit Sembawang 460 -35.0 -7.1 518/406 DBS Grp 1483 -21.0 -1.4 2035/1301 Lyxor Asia US$ 487 -14.8 -2.2 498/388 BY PERCENTAGE CLOSE DOWN 52w high/low Infinio 0.1 -66.7 -0.2 0.7/0.1
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    • Article
      Lock icon MOST ACTIVE
      33 11 VOLUME Noble 301,145,200 HSI*****MBeCW*****9 97,731,300 Annica 52,900,000 Ezra 51,041,700 QT Vascular 37,919,400 Market volume 1,668,043,000 VALUE DBS Grp 206,126,551 Singtel 92,118,964 UOB 64,984,008 JSH USD 47,158,179 Noble 45,982,217 Market value 1,183,697,000
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    • Article
      Lock icon Venture Corp’s profit for Q2 up 20.3% at S$43.4m
      298 11  -  By Cai Haoxiang haoxiang@sph.com.sg @HaoxiangCaiBT Singapore CONTRACT manufacturing giant Venture Corporation continued its fine run, reporting a net profit of S$43.4 million for its second quarter ended June 30. This was up 20.3 per cent from S$36.1 million a year ago.
      298 words
    • Article
      Lock icon STI STOCKS
      311 12 Stock name Close Change Day high/low 52w high 52w low PE Div yield Mcap Ascendas Reit 247 xd -5 248/245 257 209 6.2 6514.2 CapitaCom Trust 153 unch 153/151.5 158.5 122.5 5.6 4524.8 CapitaLand 322 +4 324/315 340 267 12.9 2.8 *****.1 CapitaMall Trust 214 -1 216/213 225
      311 words
    • Article
      Lock icon SGX ETFs Most Active
      108 12 Fund Last sale +/-(‘000) Day high/low 52w high/low Buy/Sell Mcap STI ETF 287 350 287/285 324/254 286/287 ABF SG Bond ETF 118.3 +1 62 118.3/117.5 119.9/112 117.5/118 540 Lyxor Taiwan US118.1 +1.6 45 118.1/118.1 119/90 -/120 28.1 DBXT MSTHAI US$ US1974 +18 36 1987/1950 2003/1419 1971/1980
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    • Article
      Lock icon BT SHARE INFORMATION SERVICE
      774 12 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS For week beginning Aug 1 Substantial Buy No of Price ———SHAREHOLDING Trans Shareholder/ Sell Shares Per Before After Stock Date Director Conv '000 Shr ('000) ('000) City Developments 03-Aug-16 Aberdeen Asset Mgmt *Buy 470 8.54 ***** 9.99 ***** 10.04 Eu Yan Sang 03-Aug-16
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    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 12 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 6 7 3 0 0 1 6 7 4 Manufacturing 38 31 29 7 9 10 45 40 39 Commerce 21 22 9 0 2 6 21 24 15 Tpt/Stor/Comms 8 14 8
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      119 12 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 19,320 123 19,443 59,135 22 59,157 Manufacturing 95,827 111,851 207,678 93,619 3,475 97,095 Commerce 334,853 15,207 350,060 143,385 330 143,714 Tpt/Stor/Comms 110,711 1,787 112,498 163,136 180 163,317 Finance 29,482 29,482 323,207 323,207 Construction 5,432 2,566
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    • Article
      Lock icon OTHER SINGAPORE INDICES
      77 12 Aug 5 VALUE CLOSE BT OB/OS -548.00 +43.00 BT CADI -*****.00 +19.00 BT 10-day MA -*****.00 -55.00 FTSE ST Mid Cap 679.92 +3.27 FTSE ST Small Cap 382.02 +0.48 FTSE ST All Share 690.90 -0.52 FTSE ST China Top 157.68 +2.32 FTSE ST China 187.76 +3.00 FTSE
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    • Article
      Lock icon UNUSUAL ACTIVITY
      81 12 VOL CLOSE($) CHANGE SingMedical 24,706.2 0.295 +0.055 +22.92 IP Softcom 250.0 0.018 +0.004 +28.57 Blumont 31,505.8 0.001 -0.001 -50.00 Cortina 10.0 0.710 -0.070 -8.97 OEL 2,772.7 0.008 -0.003 -27.27 Metech Intl 1,700.2 0.001 -0.001 -50.00 New Silkroutes 2,320.1 0.390 +0.065 +20.00 CMC Infocomm 172.2 0.077 +0.016 +26.23 TT
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    • Article
      Lock icon COMMODITY FUTURES
      192 13 Aug-4 Price Net change change Last Trade Agricultural Aug-4 CBOT Soybeans (US cents/bu) 990.50 unch 0.00% 12/8/2016 CBOT Soybean Oil (US cents/lb) 30.54 0.24 0.79% 12/8/2016 CBOT Wheat (US cents/bu) 403.25 -7.00 -1.71% 14/09/2016 Aug-4 LIFFE Cocoa (£/tonne) 2404.00 25.00 1.05% 15/09/2016 LIFFE Coffee (US$/tonne) 1817.00 -10.00 -0.55%
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    • Article
      Lock icon PALM OIL
      57 13 Aug 5 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Aug 16 2492.0 2505.0 2510.0 2484.0 56 2233 Sep 16 2452.0 2430.0 2452.0 2422.0 1445 ***** Oct 16 2436.0 2407.0 2436.0 2401.0 ***** ***** Nov 16 2436.0 2396.0
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    • Article
      Lock icon GOVERNMENT SECURITIES
      67 13 Aug 5 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0T 0.500 01-Apr-18 99.35 99.38 99.37 5-Year NX*****X 2.250 01-Jun-21 104.07 104.15 103.94 10-Year NX*****F 2.125 01-Jun-26 102.81 102.99 102.70 15-Year NZ*****F 2.875 01-Sep-30 109.49 109.55 109.55 20-Year NZ*****X 2.250 01-Aug-36 100.68
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      155 13 Aug 5 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.0255 1.0257 0.7647 0.7648 Canadian dollar 1.0297 1.0299 0.7679 0.7679 Euro 1.4939 1.4946 1.1140 1.1144 NZ dollar 0.9663 0.9670 0.7206 0.7210 Sterling pound 1.7618 1.7629 1.3138 1.3144
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    • Article, Illustration
      Lock icon Straits Times Index
      5 13 Source: Bloomberg
      Source: Bloomberg  -  5 words
    • Article
      Lock icon BONDS, WARRANTS, PREFERENCE SHARES
      211 13 Most active Aug 5 Prem Expiry Last Vol Conv Exer Disc Gear- Mths Company Sale +or-('000) Ratio Price ing Left HSI ***** MB eCW*****9 7.6 1.5 ***** 0.0 1 HSI ***** MB ePW*****9 11.2 -2.4 ***** 0.0 1 DBS MB ePW*****1 14.6 1.1 6250 0.1 1550
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    • Article
      Lock icon MORGAN STANLEY CAPITAL INT’L INDICES
      377 13 In local curr In S$ In US$ dy yr dy yr dy yr Aug 4 Index Change Change Change Change Change Change World Preliminary 1293.9 0.4 1.3 0.3 -2.8 0.3 2.7 EAFE Preliminary 951.1 0.9 -6.1 0.6 -8.3 0.6 -3.1 Europe Preliminary 1367.5 1.0 -3.2
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    • Article, Illustration
      Lock icon STOCK MARKETS
      10 13 Source: Bloomberg Source: Bloomberg Source: Bloomberg Source: Bloomberg
      Source: Bloomberg  -  10 words
    • Article, Illustration
      Lock icon Perennial’s Q2 net profit falls 93%
      726 14  -  But group remains upbeat on AXA Tower, TripleOne Somerset, and its China strategy By Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore PERENNIAL Real Estate Holdings’ second-quarter net profit fell 93.2 per cent to a mere S$594,000, or 0.04 Singapore cent per share, in the absence of
      726 words
    • Article
      Lock icon Frasers Centrepoint’s Q3 earnings fall on lower development profits
      562 14  -  By Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore FRASERS Centrepoint (FCL) on Friday posted a 62.4 per cent drop in its attributable profit to S$68.2 million for its third quarter ended June 30, 2016. After fair value change and exceptional items, net profit
      562 words
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  • REAL ESTATE
    • Article, Illustration
      Lock icon CDL, SEAS tie up to promote sustainability
      325 15  -  They launch a training academy that will engage businesses and the community By Renald Yeo yrenald@sph.com.sg Singapore AS part of Singapore’s efforts to address climate change, a new training academy focus on promoting sustainability was launched on Friday. The Singapore Sustainability Academy (SSA)
      325 words
    • Article, Illustration
      Lock icon Vancouver agents say home sales tumble in wake of foreign buyer tax
      386 15 Reuters Vancouver VANCOUVER real estate sales have tumbled since plans to tax foreign buyers in the Canadian city were revealed last week, local real estate agents said, a sign that the government’s bid to slow the market was
      Reuters; market.PHOTO: REUTERS  -  386 words
    • Article
      Lock icon Evergrande eyes 4.68% stake in China Vanke
      356 15 Bloomberg Hong Kong/Shanghai THE decision by billionaire Hui Ka Yan’s China Evergrande Group to take a 4.68 per cent stake in China Vanke Co introduces a new twist to the eight-month-long battle for control of China’s largest residential property developer. Politically well connected,
      Bloomberg  -  356 words
    • Article
      Lock icon Househunt
      921 16 PROPERTY TRANSACTIONS FOR SELECTED DISTRICTS WITH CONTRACT DATES BETWEEN JUNE 22 AND JUNE 28, 2016 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT-IN/LAND AREA*(SQ FT) PRICE (S$'000) PSF (S$) District 13 NON-LANDED The Acacias Apt 27/06/2016 FH 1313 1379 1050 The Poiz Residences Apt 28/06/2016 99 807
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  • BANKING & FINANCE
  • Page 17 Advertisements
    • Advertisement
      Lock icon Page 17 Advertisements Column 1
      347 17 NOTICES IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF SINOMATEX ENTERPRISES PTE. LTD. Company Registration No. *****1701W (IN MEMBERS’ VOLUNTARY WINDING UP) NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the Companies Act, Cap. 50 that the Final Meeting of the abovenamed Company
      347 words
    • Advertisement
      Lock icon Page 17 Advertisements Column 2
      372 17 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF HAYLER INVESTMENTS PTE. LTD. Company Registration No. *****2978W (IN MEMBERS’ VOLUNTARY WINDING UP) NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the Companies Act, Cap. 50 that the Final Meeting of the abovenamed Company will
      372 words
    • Advertisement
      Lock icon Page 17 Advertisements Column 3
      406 17 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 FME ONYX PTE LTD Co. Reg. No. *****8672W MEMBERS’ VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the Company held on the 29th day of July 2016, the following special resolution was duly passed: “That the Company be wound up voluntarily
      406 words
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  • ENERGY & COMMODITIES
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  • TECHNOLOGY
    • Article, Illustration
      Lock icon The hottest startup sector? Baby boomers
      1284 19 Many firms in the US are plugging into a wealthy slice of the over-50 demographic called the longevity market NYT New York BORIS Mordkovich, a 30-year-old serial entrepreneur, had never considered developing products for the ageing baby boomer market. One day, however, he saw
      NYT; company.PHOTO: NYT  -  1,284 words
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  • TRANSPORT
    • Article
      Lock icon Mercedes to challenge BMW, Tesla with four-car electric line-up
      592 21 Firm will add two electric SUVs and two sedans under a new sub-brand: sources Bloomberg Frankfurt MERCEDES-BENZ is planning its own distinct line of electric vehicles, challenging BMW and Tesla Motors Inc in a bet that alterna-tive-fuel cars have the potential
      Bloomberg  -  592 words
    • Article, Illustration
      Lock icon China billionaires chasing electric-car talent power salaries
      695 21 Bloomberg Beijing CHINA’S biggest iPhone maker, largest e-commerce company and leading Internet-video producer are all in the hunt to build electric cars and to grab the small pool of available talent to build them. All of this is great news for marketing professional
      Bloomberg; PHOTO: BLOOMBERG  -  695 words
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  • GOVERNMENT & ECONOMY
    • Article
      Lock icon China’s regions show big economic divergence
      504 22 Provinces reliant on traditional industries report weak or no growth Reuters Beijing CHINA’S regional economies showed a marked divergence in performance in the first half of 2016, with provinces reliant on steel making and mining reporting weak or no growth, but some larger cities
      Reuters  -  504 words
    • Article
      Lock icon China scrubs up for maiden G-20 summit
      396 22 Reuters Hangzhou, China CHINA is sparing no effort to ensure its first-ever G-20 summit passes off perfectly, enforcing measures to close factories, offering English lessons to elderly residents and even a US$1.5 billion giveaway to get some to leave town. China is determined
      Reuters  -  396 words
    • Article, Illustration
      Lock icon Torch begins final race to stadium from beneath Rio’s Christ statue
      586 22 Reuters Rio de Janeiro THE Olympic torch was raised before Rio de Janeiro’s iconic Christ the Redeemer statue on Friday on the final leg of its journey to the opening ceremony of the Olympics, as Brazil excitedly put the
      Reuters; PHOTO: REUTERS  -  586 words
    • Article, Illustration
      Lock icon World Bank adopts new framework for social and environmental protection
      659 23  -  It aims to ensure development projects don’t harm people’s livelihoods and the environment By Anthony Rowley btworld@sph.com.sg Tokyo THE World Bank has launched what it says is an unprecedented exercise aimed at ensuring that people’s livelihoods and lifestyles, as well
      PHOTO: AFP  -  659 words
    • Article
      Lock icon Turkey faces junk status as Moody’s weighs political turmoil
      709 23 Credit-rating firm has to decide if the chaos will hamper country’s ability to service debt Bloomberg Istanbul BACK in December, with Turkey teetering on the edge of losing its investment-grade rating, Moody’s Investors Service said only political stability and a commitment
      Bloomberg  -  709 words
    • Article, Illustration
      Lock icon RBA frets over currency, China; sticks with GDP, CPI forecasts
      689 24 Australia central bank predicts annual growth of 2.5% to 3.5% through December Bloomberg Sydney AUSTRALIA’S central bank said the outlook for the currency and China are key uncertainties to its growth and inflation forecasts, which were otherwise little changed. The
      Bloomberg; programmes.PHOTO: REUTERS  -  689 words
    • Article
      Lock icon Bangladesh team in Manila says close to recovering fraction of heist money
      428 24 Reuters Manila A BANGLADESH central bank team visiting Manila to recover US$81 million stolen from its account in New York said it was close to getting back US$15 million of the loot frozen by the Philippines, but first
      Reuters  -  428 words
    • Article
      Lock icon Second straw poll could shake up race for UN chief
      388 24 AFP United Nations THE race to become the next United Nations chief was set to gather pace on Friday with a second straw poll that could spring surprises and prompt some candidates to end their bid to become the world’s
      AFP  -  388 words
    • Article, Illustration
      Lock icon Cost of Modi tax win has yet to be paid
      601 25 Inflation will hurt most the purchasing power of India’s hundreds of millions of rural poor Bloomberg New Delhi PRIME Minister Narendra Modi this week won India’s biggest economic reform in decades. Now economists are trying to calculate the cost. After
      Bloomberg; cent.PHOTO: AFP  -  601 words
    • Article, Illustration
      Lock icon Indonesia’s Q2 growth beats forecasts as government spending surges
      401 25 Bloomberg Jakarta INDONESIA’S second-quarter growth beat expectations as President Joko Widodo’s government embarked on a spending spree to boost an economy grappling with a slowdown in China and low commodity prices. Gross domestic product (GDP) increased 5.18 per cent from a
      Bloomberg; months.PHOTO: AFP  -  401 words
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  • Page 25 Advertisements
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      Lock icon Page 25 Advertisements Column 1
      48 25 HOT PROPERTY 2-STY TERR Tai Hwan Gdn. 1901/ 2000sf. 3 rms. 3 baths. SE/NW facing. Ample parking MRT. 3-STY SEMI-D Limbok Terr Land 3100/4200sf. 5 rms, 6 baths. $400k below valn. $2.xm. LANDED PROPERTIES FOR SALE Check out these properties and more in The Straits Times Classified now!
      48 words
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  • OPINION
    • Article, Illustration
      Lock icon Coping with unwanted migration
      1316 26 / 27  -  Climate change, shrinking resources, conflict ensure ongoing migration and governments cannot afford to ignore its challenges. By Joseph Chamie By Joseph Chamie, Barry Mirkin ~Mr Chamie is a former director of the United Nations Population Division and Mr Mirkin is a former chief of the Population
      YaleGlobal Online; migration.PHOTO: AFP  -  1,316 words
    • Article
      Lock icon I ran the CIA. Now I’m endorsing Clinton. Here’s why
      863 26 / 27  -  By Michael J Morell ~The writer was the acting director and deputy director of the Central Intelligence Agency from 2010 to 2013 NYT DURING a 33-year career at the Central Intelligence Agency (CIA), I served presidents of both parties three
      NYT  -  863 words
  • Page 26 / 27 Miscellaneous
    • Miscellaneous
      Lock icon Page 26 / 27 Miscellaneous Column 1
      40 26 / 27 SATURDAY with Simon Do~PE~DO Noun a swimmer taking banned performance-enhancing drugs, therefore sabotaging other honest atheletes’ chances of winning Verb Lose (a competition) to a dope do or dope does. "the other swimmers were ‘dopedoed’ by the state-sponsored doping swimmer"
      40 words
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  • Wealth
    • WEALTH INVESTING
      • Article, Illustration
        Lock icon Search for higher yield leads to infrastructure
        1563 28 / 29  -  Sector remains attractive compared to low returns on offer from bonds and cash WEALTH INSIGHTS Shane Oliver AMP Capital ~The writer is head of investment strategy and chief economist at AMP Capital INFRASTRUCTURE is seeing solid interest from investors. Not only does it
        proven.PHOTO: BLOOMBERG  -  1,563 words
      • Article
        Lock icon Emerging assets reach one-year high as stimulus spurs yield grab
        783 28 / 29 Bloomberg Kuala Lumpur EMERGING-MARKET stocks and currencies rose to the highest levels in a year as a recovery in oil prices and optimism that central banks will keep monetary policy accommodative boosted demand for higher-yielding assets. A gauge of developing-market
        Bloomberg  -  783 words
      • Article, Illustration
        Lock icon Investors rush to Turkey despite coup
        1119 30 Mini-rally in Turkish stocks and bonds highlights the risk yield-starved investors are willing to take NYT ON the face of it, this might not seem the right time to be investing in Turkey. Terrorists attacked the main airport in Istanbul, a foiled coup raised
        NYT; PHOTO: AFP  -  1,119 words
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  • LIFE & CULTURE
    • Article, Illustration
      Lock icon UOB donates S$800,000 to Child Aid
      410 31  -  Yu Neng Primary School also raising funds for the children’s charity concert with handmade bears GIVING BACK By Chin Yong Chang ycchin@sph.com.sg Singapore UNITED Overseas Bank (UOB) has donated S$800,000 to the children’s charity concert ChildAid. The money will go directly to its beneficiaries
      410 words
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  • Page 31 Miscellaneous
    • Miscellaneous
      Lock icon Page 31 Miscellaneous Column 1
      320 31 CRYPTIC CROSSWORD Across 8 Versatile comedian holding surprised expression it’s pretension (8) 9 Elevated figure dividing US city almost (6) 10 Fuss overshadowed boxing (3) 11 Firm backed gambling site with a final twist in time (8) 12 Resources the law distributed (6) 13 Standard adhered to in the US?
      320 words
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