The Business Times, 12 August 2016

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Microfilm: NL33935
Total Pages: 46
1 16 The Business Times
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  • Title Section
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    22 1 THE BUSINESS TIMES S$1.20 A SINGAPORE PRESS HOLDINGS PUBLICATION www.businesstimes.com.sg @BusinessTimes CO REGN NO *****2868E MCI (P) 052/08/2016 Friday, August 12, 2016
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  • Article, Illustration
    Lock icon DAILY DIGEST
    230 1 Singapore’s Land Transport Authority strikes deal with SBS Transit and SMRT Buses to run 11 packages of bus services for about S$7.2 billion. TOP STORIES 4 Negative interest rates are an overall success despite the controversy generated, say International Monetary Fund economists. TOP STORIES 5 Singtel makes a
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  • Article
    Lock icon MARKETS
    26 1 Thursday Change STI 2,869.82 -5.75 KL COMP 1,678.80 +5.77 NIKKEI 225 Closed HANG SENG 22,580.55 +88.12 SHENZHEN B 1,155.22 -6.46 DOW (11.45AM EDT) 18,622.80 +127.14
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  • Article, Illustration
    Lock icon Dimmer prospects in H2 as MTI shears 2016 growth forecast to 1-2%
    835 1 Downward narrowing takes into account uncertainties related to Brexit and China By Kelly Tay kellytay@sph.com.sg @KellyTayBT Singapore WITH additional downside risks posed by Brexit and China’s corporate credit levels, Singapore’s growth is expected to slow in the second
    Source: Department of Statistics  -  835 words
  • Article, Illustration
    Lock icon Pokemon Go craze won’t yield big data dollars for telcos
    611 1  -  By Amit Roy Choudhury amit@sph.com.sg @AmitRoyCBT Singapore YOU may use up lots of PokeBalls trying to catch Pikachu, but apparently, not a lot of data. Contrary to popular belief, Pokemon Go, the game which has taken Singapore by storm since
    PHOTO: HESTER TAN/THE STRAITS TIMES  -  611 words
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      54 1 SINGAPORE INTERNATIONAL FESTIVAL OF ARTS 2016 Challenges and provocations BT LIFESTYLE 25 THE BUSINESS TIMES Cartier CLE DE CARTIER V MANUFACTURE MOVEMENT 1847 MC SINGAPORE Takashimaya S.C.- ION Orchard Marina Bay Sands Tel: 6732 0181 MALAYSIA Pavilion Kuala Lumpur Tel: (603) 2303 5088 o a XU CARTIER l sS viD
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      29 1 HOCK LOCK SIEW Eu Yan Sang delisting not yet in the bag COMPANIES MARKETS 6 RENTAL MARKET Continued slide in rents for private apartments, condos: SRX real estate /16
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      22 1 Trade fared better in Q2, but is still down, Page 2 Real estate and banking weigh on services’ Q2 growth, Page 2
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  • TOP STORIES
    • Article
      Lock icon Trade fared better in Q2, but is still down
      712 2  -  Trade and NODX forecasts for 2016 revised to contraction of 6-7 per cent and 3-4 per cent respectively THE SINGAPORE ECONOMY By Chuang Peck Ming peckming@sph.com.sg @PeckmingBT Singapore SINGAPORE’S external trade in goods put on a better showing in the second
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    • Article, Illustration
      Lock icon Real estate and banking weigh on services’ Q2 growth
      740 2  -  Services up by only 1.4% year on year in Q2; manufacturing clocks first rise in over a year 1.1% By Soon Weilun soonwl@sph.com.sg @SoonWeilunBT Singapore WORRYING performances from real estate and the banking sector dragged on services growth in Singapore in
      740 words
    • Article, Illustration
      Lock icon Consumers now the force behind demand driver for S’pore economy
      679 2  -  China tourism, Asean-5 infrastructure also seen as offering big potential for Singapore By Soon Weilun soonwl@sph.com.sg @SoonWeilunBT Singapore INVESTMENTS in China were one of the largest external final demand drivers for Singapore’s economy in 2015. But faced with the risk
      Source: MTI-ECD Estimates  -  679 words
    • Article
      Lock icon LTA to move SBS Transit, SMRT bus services into 11 packages worth S$7.2b
      551 4  -  From Sept 1, SBS Transit will operate 8 packages worth S$5.3b, SMRT Buses to have 3 packages worth S$1.9b By Soon Weilun soonwl@sph.com.sg @SoonWeilunBT Singapore SINGAPORE’S Land Transport Authority (LTA) has struck a deal with SBS Transit
      551 words
    • Article
      Lock icon AMTC in breach of agreement: Swiber IJMs
      688 4  -  By Tan Hwee Hwee hweetan@sph.com.sg @HweetanBT Singapore The interim judicial managers (IJMs) of Swiber Holdings said in a statement issued on Thursday that AMTC is in breach of the terms of a subscription agreement for preference shares in Swiber Investment Ltd (SIL). The
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    • Article, Illustration
      Lock icon CDL plans luxe retirement-living project in Knightsbridge
      559 4  -  By Kalpana Rashiwala kalpana@sph.com.sg @KalpanaBT Singapore CITY Developments (CDL) is planning to develop a luxury retirement living project with 34 two-bedroom apartments in London’s Knightsbridge. The project, to be built on a freehold car park site which CDL acquired a few years ago,
      559 words
    • Article
      Lock icon Leng Beng sees terrorism as bigger threat to CDL group than Brexit
      984 4  -  By Kalpana Rashiwala kalpana@sph.com.sg @KalpanaBT Singapore CITY Developments Ltd (CDL) executive chairman Kwek Leng Beng sees a greater threat from terrorism than Brexit for the group’s hotel and property business in the UK. In the long term, he
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    • Article
      Lock icon IMF economists mount defence of negative interest rates despite controversy
      617 5  -  But they say the ECB might need to look to other forms of monetary easing due to problems posed for banks By Anthony Rowley btworld@sph.com.sg Tokyo THE introduction of negative interest rates some two years ago by the European Central
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      38 3 o o Warmest congratulations to DR. ANDY ADHIWANA Group Chief Executive Officer AURIC PACIFIC GROUP LIMITED AURIC PACIFIC on receiving the ASIA PACIFIC ENTREPRENEURSHIP AWARD 2016: CONSUMER GOODS INDUSTRY DR. STEPHEN RIADY Executive Chairman OUE LIMITED o o
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      36 4 spi PRESS HOLDINGS m MEDIA CENTRE; GENTING LANE B1, INDUSTRIAL SPACE FOR RENT. Fully fitted air-cond industrial office with carpet Area from 700 sq ft to 7,653 sq ft Interested, please call Shawn at 9694 5349
      36 words
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      29 4 Print Centre r i X INDUSTRIAL/WAREHOUSE SPACE FOR RENT 2 Jurong Port Road, SPH Print Centre Area from 2325 11,775 sq ft Interested, please call Shawn at 9694 5349
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      21 4 Office Space For Rent Manhattan House 1 st Storey office space 810- 1346 sqft Interested, please call Shawn at 9694 5349
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  • Page 5 Advertisements
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      17 5 Discover Greener Pastures Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Change of Address Notices
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      Lock icon Page 5 Advertisements Column 2
      337 5 The City’s New Capital Tops Out S RESIDENCES. OFFICES. RETAIL. HOTEL. DUO marks a historic occasion as the premier integrated development tops out and begins the transformation of the Ophir-Rochor district. Set to welcome residents, office tenants, hotel guests and visitors alike when completed in 2017, DUO’s cutting-edge spaces will
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon Wilmar plunges into first quarterly loss of US$220m
      562 6  -  Group, which has warned of the loss, was hit by highly volatile soyabean market and sugar segment woes By Anita Gabriel anitag@sph.com.sg @AnitaGabrielBT Singapore THE unforgiving climate led oil palm giant Wilmar International to post its first ever quarterly loss of US$220
      PHOTO: BLOOMBERG  -  562 words
    • Article
      Lock icon Eu Yan Sang delisting not yet in the bag
      1086 6  -  HOCK LOCK SIEW BY MELISSA TAN melissat@sph.com.sg @MelissaTanBT THE two funds holding substantial stakes in Eu Yan Sang amid a consortium’s takeover offer for the traditional Chinese medicine retailer have already prevented the offeror from carrying out a ‘squeeze-out’ compulsory acquisition
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    • Article, Illustration
      Lock icon SBS Transit’s Q2 net rises 19% on higher revenue from rail business
      550 6  -  By Nisha Ramchandani nishar@sph.com.sg @Nisha_BT Singapore BUOYED by higher revenue, transport operator SBS Transit has reported a net profit of S$7.25 million, up 19 per cent year-on-year, for the second quarter ended June 30. Revenue edged up 5.6
      FILE PHOTO  -  550 words
    • Article
      Lock icon Singtel Q1 profit up 0.3% at S$944m
      970 7  -  Revenue, impacted by weaker A$ and mandated cuts to mobile termination rates in Australia, fell 7.1% to S$3.91b By Amit Roy Choudhury amit@sph.com.sg @AmitRoyCBT Singapore STRONG growth in mobile data and the cyber security business helped Singapore Telecommunications (Singtel) to record a 0.3
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    • Article, Illustration
      Lock icon Singapore Medical Group hits all-time high
      399 7  -  HOT STOCK By Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore SINGAPORE Medical Group (SMG) on Thursday rose S$0.055 Singapore cents or 20.4 per cent to S$0.325 an all-time high. With more than 53 million shares changing hands, it was the third most active counter after Noble
      Source: Bloomberg  -  399 words
    • Article, Illustration
      Lock icon Noble falls into the red; expects margins to normalise next year
      834 8  -  Group posts net loss of US$54.9 million for Q2, in contrast to net profit of US$62.6 million in the previous year By Andrea Andrea Soh sandrea@sph.com.sg @AndreaSohBT Singapore NOBLE Group sank into the red in the second quarter as
      REUTERS FILE PHOTO  -  834 words
    • CORPORATE DIGEST
      • Article
        Lock icon HPL
        135 8 HOTEL Properties Limited (HPL) has posted an 8.4 per cent year-on-year growth in second-quarter net profit to S$13.2 million. For the three months ended June 30, revenue fell 20.8 per cent to S$129.7 million from the previous year, HPL reported in a Singapore Exchange filing on Thursday evening. The
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      • Article
        Lock icon Fragrance Group
        78 8 ALONG with fewer ongoing development projects, Fragrance Group reported a 75.9 per cent slump in net profit for the second quarter ended June 30 to S$3.65 million. Revenue took a hit, slipping 66.9 per cent from a year ago to S$30.67 million, with the property development segment accounting
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    • Article
      Lock icon Yanlord Q2 profit leaps 89% on strong pre-sales
      531 9  -  Sales led by positive market sentiment in first and second-tier Chinese cities By Lynette Khoo lynkhoo@sph.com.sg @LynetteKhooBT Singapore HIGH-END Chinese property developer Yanlord Land Group reported a 89 per cent jump in net profit for the second quarter ended June 30 to
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    • Article
      Lock icon India’s O&M tenders may take shape soon
      624 9  -  Market survey floated seen leading up to multi-billion-dollar tenders in the next few months By Tan Hwee Hwee hweetan@sph.com.sg @HweetanBT Singapore INDIA’S state-owned Oil and Natural Gas Corporation (ONGC) has floated a market survey that is expected to lead up in the next
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    • Article
      Lock icon ThaiBev’s Q2 net slips 1% to 5.8b baht, dragged down by S’pore-listed units
      508 9  -  By Kenneth Lim kenlim@sph.com.sg @KennethLimBT Singapore THAI Beverage Public Co’s sec-ond-quarter net profit slipped 1 per cent to 5.8 billion baht (S$224 million), or 0.23 baht per share, as lower contributions from its Singapore-list-ed units offset a
      508 words
    • Article, Illustration
      Lock icon STI / Catalist
      61 10 STI Catalist Straits Times Index Aug 11,2016 2,869.82 -5.75 (-0.20%) Current streak 1 day Day high 2,880.70 Day low 2,853.29 52-week high 3,153.06 (Aug 11,2015) 52-week low 2,532.70 (Jan 21,2016) FTSE ST Catalist index Aug 11,2016 443.98 +5.30 (+1.21%) Current streak 1 day Day high 444.54 Day low 438.22 52-week
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    • Article
      Lock icon GAINERS
      73 10 BY CENTS CLOSE UP 52w high/low Lyxor Indonesia US$ 9341 423.2 3.5 9341/6250 DBXT MSEurope US$ 5451 151.8 2.1 5940/4770 JMH USD 5890 147.8 1.9 6103/4500 DBXT ASX200 US$ 3609 98.1 2.1 3609/2900 Lyxor ChinaH US$ 1350 80.6 4.7 1567/999 BY PERCENTAGE CLOSE UP 52w high/low Blumont 0.2 100.0
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    • Article
      Lock icon LOSERS
      73 10 BY CENTS CLOSE DOWN 52w high/low GLD US$ ***** -106.1 -0.6 *****/***** Jardine C&C 4251 -27.0 -0.6 4520/2636 DBXT MSINDO US$ 1468 -18.8 -0.9 1534/911 UOB 1787 -18.0 -1.0 2078/1680 StarHub 381 -14.0 -3.5 397/324 BY PERCENTAGE CLOSE DOWN 52w high/low Pollux Prop 2.8 -37.8 -1.7 8/2.8 Hu An
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    • Article
      Lock icon UNUSUAL ACTIVITY
      80 10 VOL CLOSE($) CHANGE SingMedical 53,124.1 0.325 +0.055 +20.37 CPH 1,000.2 0.005 +0.002 +66.67 Abundance Intl 70.0 0.060 +0.010 +20.00 Sinjia Land 120.7 0.070 +0.018 +34.62 Magnus Energy 48,500.1 0.002 +0.001 +100.00 MMP Resources 25,189.0 0.004 +0.001 +33.33 China Taisan 257.5 0.070 -0.006 -7.90 SinoCloud 3,000.0 0.002 +0.001 +100.00
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    • Article, Illustration
      Lock icon Singtel’s jump helps cap STI’s loss
      609 10  -  Also helping were positive sessions in Hong Kong and the Dow futures market, with the latter gaining about 50 points STOCKS By R Sivanithy sivan@sph.com.sg @RSivanithyBT AS$0.07 rise in Singtel to S$4.27 on Thursday helped negate the effect on the Straits Times Index of
      Source: Bloomberg  -  609 words
    • Article
      Lock icon STI STOCKS
      310 10 Stock name Close Change Day high/low 52w high 52w low PE Div yield Mcap Ascendas Reit 244 -1 246/242 257 209 6.3 6591.2 CapitaCom Trust 157 unch 158/154.5 158.5 122.5 5.5 4643.1 CapitaLand 322 -4 324/320 340 267 12.9 2.8 *****.1 CapitaMall Trust 218 unch 220/216 225 184.5
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    • Article
      Lock icon MOST ACTIVE
      33 10 VOLUME HSI*****MBeCW*****9 155,096,500 HSI*****MBePW*****9 153,628,000 Noble 79,127,200 Ezra 63,918,500 SingMedical 53,124,100 Market volume 1,963,915,000 VALUE Singtel 172,563,601 UOB 80,410,674 DBS Grp 80,376,104 OCBC Bank 35,714,186 Sembcorp Marine 31,146,012 Market value 1,109,314,000
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    • Article
      Lock icon OTHER SINGAPORE INDICES
      76 10 Aug 11 VALUE CLOSE BT OB/OS -424.00 BT CADI -*****.00 +21.00 BT 10-day MA -*****.00 -42.00 FTSE ST Mid Cap 684.56 +0.63 FTSE ST Small Cap 384.74 +1.75 FTSE ST All Share 700.71 +0.18 FTSE ST China Top 157.84 -1.17 FTSE ST China 190.13 -1.64 FTSE ST
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    • Article, Illustration
      Lock icon STI / FTSE ST All-Share
      35 10 STI FTSE ST All-Share ftse ST All-Share index Aug 11,2016 700.71 +0.18 (+0.03%) Current streak 3 days Day high 702.44 Day low 696.59 52-week high 756.10 (Aug 11, 2015) 52-week low 625.37 (Jan 21, 2016)
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      Lock icon STI / MSCI EAFE
      34 10 STI MSCI EAFE MSCI EAFE index Aug 10, 2016 1,699.65 +4.67 (+0.28%) Current streak 5 days Day high 1,705.13 Day low 1,693.53 52-week high 1,865.51 (Aug 11, 2015) 52-week low 1,492.43 (Feb 12, 2016)
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    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 10 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 6 2 6 0 1 0 6 3 6 Manufacturing 41 36 25 9 5 13 50 41 38 Commerce 20 12 17 3 2 3 23 14 20 Tpt/Stor/Comms 5 16 10
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      123 10 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 13,412 389 13,801 29,621 68 29,689 Manufacturing 116,782 26,315 143,097 111,548 886 112,434 Commerce 100,665 30,596 131,261 61,439 531 61,970 Tpt/Stor/Comms 154,941 510 155,451 261,359 50 261,409 Finance 24,030 123 24,153 210,756 20 210,776 Construction
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    • Article
      Lock icon SGX ETFs
      104 10 Most Active Fund Last sale +/-(‘000) Day high/low 52w high/low Buy/Sell Mcap STI ETF 291 360 291/288 317/254 290/291 IS MS INDIA US$ US721 -5 64 725/721 772/575 721/724 90.1 DBXT MSRussia US$ US203 -1 39 204/203 208/129 201/202 Lyxor Russia US$ US274 24 274/274 278/200 -/-5 DBXT
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    • BROKERS’ TAKE
      • Article
        Lock icon Singapore Medical Group Buy
        106 10 Target price: S$0.45 Aug 11 close: S$0.325 RHB Securities Research, Aug 11 We initiate coverage on Singapore Medical Group (SMG), a specialist healthcare provider with significant expected net profit after tax FY16F-18F CAGR of 68 per cent with a BUY and a DCF-derived S$0.45 TP (67
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      • Article
        Lock icon City Developments Limited Buy
        165 10 Target price: s$9.89 Aug 11 close: S$8.87 OCBC Investment Research, Aug 11 2Q16 Patmi was mostly flat (up 0.2 per cent y-o-y) at S$133.8 million despite revenues for the quarter increasing 32.4 per cent to S$1,092.4 million. The stronger revenues were mainly due to progress recognition
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      • Article
        Lock icon Banks Underweight
        165 10  -  Compiled by Andrea Soh CIMB Research, Aug 10 2Q16 was characterised by net interest margin (NIM) compression from falling Sibor/SOR and faster new non-performing asset formation. We expect these trends to continue to play out into 2H16. Findings from our deep dive into the banks’ upstream oil gas
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    • Article
      Lock icon Kiwi up as NZ rate cut falls below expectations
      378 11 CURRENCIES REUTERS London THE New Zealand dollar surged to its highest in more than a year on Thursday after its central bank made a smaller interest rate cut than some had expected, driving investors to trim bearish bets made on hopes
      REUTERS  -  378 words
    • FOREX RATES
      • Article
        Lock icon INTERBANK CROSS RATES
        471 11 Aug 11 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.007 5.118 0.691 5.977 51.542 101.083 0.780 8.480 3.092 1.064 80.547 36.060 1.035 10.270 0.752 24.143 26.817 0.595 0.771 Canada 0.993 5.082
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      • Article
        Lock icon INTERBANK CURRENCY RATES
        155 11 Aug 11 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.0351 1.0357 0.7705 0.7707 Canadian dollar 1.0278 1.0284 0.7653 0.7651 Euro 1.4976 1.4983 1.1148 1.1150 NZ dollar 0.9724 0.9730 0.7238 0.7241 Sterling pound 1.7401 1.7412 1.2953 1.2957
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      • Article
        Lock icon US$/S$ FORWARD RATES
        22 11 Aug 11 S$ Bid Offer 1-month 1.3432 1.3438 2-months 1.3434 1.3440 3-months 1.3435 1.3441 6-months 1.3439 1.3446 Source: OCBC
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      • Article, Illustration
        Lock icon HANG SENG
        2 11
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        Lock icon SHANGHAI COMPOSITE
        2 11
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        Lock icon DOW JONES
        2 11
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        Lock icon NIKKEI
        1 11
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    • EQUITY BONDS WARRANTS FUTURES
      • Article
        Lock icon BONDS, WARRANTS, PREFERENCE SHARES
        204 11 Most active Aug 11 Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left HSI ***** MB eCW*****9 9.6 0.7 *****6 0.0 1 HSI ***** MB ePW*****9 7.6 -0.9 *****8 0.0 1 DBS MB eCW*****1 10.2 0.2 9929 0.1 1550 6
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      • Article
        Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
        377 11 In local curr In S$ In US$ dy yr dy yr dy yr Aug 10 Index Change Change Change Change Change Change World Preliminary 1308.4 -0.3 2.4 -0.5 -1.9 -0.1 3.9 EAFE Preliminary 972.3 -0.2 -4.1 -0.1 -6.5 0.3 -1.0 Europe Preliminary 1397.7 -0.1 -1.1
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      • Article
        Lock icon SGX DERIVATIVES TRADING
        387 11 Aug 11 OPEN HIGH LOW SETT VOL OP/INT FTSE CHINA A50 INDEX FUTURES Aug16 9547.50 9710.00 9527.50 9615.00 *****8 *****0 Sep16 9547.50 9702.50 9525.00 9605.00 4682 4770 NIKKEI 225 INDEX FUTURES Sep16 *****.00 *****.00 *****.00 *****.00 ***** *****5 Dec16 *****.00 *****.00 *****.00 *****.00 13 6635 MSCI TAIWAN
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    • BANK RATES
      • Article
        Lock icon INTERBANK RATES
        154 11 Aug 11 $S Offer Bid 0vernight 0.03 0.01 1-month 0.625 0.50 2-months 0.8125 0.6875 3-months 0.875 0.75 Overnight mode: 0.01 US$ Offer Bid 7 days 0.55 0.45 1 month 0.60 0.50 2 months 0.80 0.60 3 months 0.90 0.70 6 months 1.25 1.05 9 months 1.45 1.25 12
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      • Article
        Lock icon GOVERNMENT SECURITIES
        65 11 Aug 11 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0T 0.500 01-Apr-18 99.38 99.46 99.38 5-Year NX*****X 2.250 01-Jun-21 104.09 104.36 104.20 10-Year NX*****F 2.125 01-Jun-26 102.99 103.50 103.09 15-Year NZ*****F 2.875 01-Sep-30 109.79 110.20 110.10 20-Year NZ*****X 2.250 01-Aug-36 101.37
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    • AGRI METALS ENERGY
      • Article
        Lock icon COMMODITY FUTURES
        250 11 Aug-10 Price Net change change Last Trade Agricultural Aug-10 CBOT Soybeans (US cents/bu) 1017.00 -5.00 -0.49% 12/8/2016 CBOT Soybean Oil (US cents/lb) 31.50 0.33 1.06% 12/8/2016 CBOT Wheat (US cents/bu) 421.75 4.75 1.14% 14/09/2016 Aug-10 LIFFE Cocoa (£/tonne) 2420.00 30.00 1.26% 15/09/2016 LIFFE Coffee (US$/tonne) 1818.00 -1.00 -0.05%
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    • Article
      Lock icon SGX MAINBOARD
      1832 12 52-Wk Last Vol Day Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/Ep $mil Company Last Sale Vol ('000) High Day 149 127 AIMSAMP Cap Reit 146 +1 340 146 144.5 0.9 7.8 930.4 Div 163.1 101 ARA Asset Mgmt 138xd -2 793 140
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    • Article
      Lock icon SGX CATALIST
      201 12 52-Wk Last Vol Day Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/E Last Vol Day Div GrYld Net 44.5 29.5 t Advancer Global 33.5cd +0.5 1310 34.5 32 13.3 58 High LOW Company 19.9 8.3 t Anchor Resources 11.2 +0.2 8743 11.2 10.9
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    • Article
      Lock icon SGX ETF
      109 12 52-Wk Last Vol Day Div GrYld Net MCap High Low Counter Sale +/-(’000) High Low C’vr P/E Counter Last Sale vol 3302 2355 DBXT China50 US$ US3056 +39 8 3056 3025 8.4 378 190 DBXT MSBrazil US$ US375 -3 1 375 375 1393 995 DBXT MSCHINA US$ US1266
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      Lock icon Page 6 Advertisements Column 1
      198 6 A Data Protection Officer is mandatory for every company Enforcement by the Personal Data Protection Commission (PDPC) has begun. Are you operationally compliant with the Personal Data Protection Act? The good news is that paying for getting operationally compliant just got easier! Companies can now tap on SPRING Singapore's Capability
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      436 7 CARING FOR SENIORS We have many schemes to support our seniors in their retirement. WHEN I NEED TO SEE THE DOCTOR Government Subsidies At all public hospitals, specialist outpatient clinics (SOC) and polyclinics WHEN I NEED HELP WITH LIVING EXPENSES Community Health Assist Scheme (CHAS) Subsidies for medical and dental
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      1118 8 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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      1079 8 NIKKO AM SHENTON EIGHT PORTFOLIOS EIGHT PORTFOLIO D NOTICE OF EXTRAORDINARY GENERAL MEETING OF UNITHOLDERS NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the holders of units in the Eight Portfolio D (the “Sub-Fund”), a sub-fund of Nikko AM Shenton Eight Portfolios (the “Fund”), will be held at
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      643 9 r > A f. r. v uA f 4 V Cflldtc? ITA LIANG In partnership with HSBC4X^ The Art of DINING From 1 September to 15 October, enjoy a gastronomic celebration of the finest Italian cuisine as the fourth edition of Gusto Italiano presents Michelin-rated International Guest Chef promotions and
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      71 12 ON THIS OPPORTUNITY Reach out to investors and affluent readers in this Investor Information Page. Advertise at less than $5,800 per full colour ad (a special package for 4 leading newspaper titles The Straits Times, The Business Times, Lianhe Zaobao and The New Paper Sunday). Contact our Sales Team now!
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  • BANKING & FINANCE
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      1454 13 NOTICES TOLL FREE 1800-289-8822 I Email notices@sph.com.sg I www.sphclass.com.sg/notices ACE ACHIEVE INFOCOM LIMITED (Registration No: *****) (Incorporated in Bermuda) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting (“AGM”) of Ace Achieve Infocom Limited (the “Company”) will be held at Galangal Room, Level 4, Village
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  • ENERGY & COMMODITIES
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      1997 14 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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      618 14 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SOUTHEAST ASIA CONSUMER OPPORTUNITIES PTE. LTD. (IN MEMBERS’ VOLUNTARY LIQUIDATION) CO. REG. NO. *****5922R NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members of SOUTHEAST ASIA CONSUMER OPPORTUNITIES PTE. LTD. deemed to have been
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  • TECHNOLOGY
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      37 15 \\> 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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      13 15 Learn Mandarin Without Stress! newstalk.zaobao.sg Try out this Chinese language e-learning tool today.
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      35 15 LIANHE Z AO B AO BA IDrADWA gifiiiPGfcBfil 1 Milk tea and Pokemon are keeping Singaporeans busy! 1 .7.-. 1 1 u ml bit.ly/m i I ktea po ke m o n Chinese Language Content
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  • REAL ESTATE
    • Article
      Lock icon Continued slide in rents for private apartments, condos: SRX
      721 16  -  Leasing market dragged down by suburban region while competition intensifies with completions By Lynette Khoo lynkhoo@sph.com.sg @LynetteKhooBT Singapore RENTS for non-landed private homes in Singapore remained on a slide in July with the main drag coming from the suburban region, based
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    • Article
      Lock icon Raffles close to clinching deal for London hotel
      299 16 It’s said to be preferred operator of hotel in Old War Office building in Whitehall BLOOMBERG London RAFFLES Hotels Resorts is the preferred operator of a hotel in London’s Old War Office, once occupied by Winston Churchill, according to two people familiar
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      Lock icon Sydney Opera House to undergo AS200m upgrading
      338 16 REUTERS Sydney AUSTRALIA on Thursday unveiled plans for the largest renovation to the Sydney Opera House since its opening in 1973, with more than A$200 million (S$207 million) earmarked to update the Unesco world heritage-list-ed site. It draws more than eight million visitors
      REUTERS; PHOTO: REUTERS  -  338 words
    • Article
      Lock icon China’s richest man likely to gain support for Wanda delisting
      659 16 REUTERS Hong Kong CHINESE tycoon Wang Jianlin appears likely to win backing on Monday for a US$4.4 billion Hong Kong delisting of Dalian Wanda Commercial Properties, several shareholders said part of a grand scheme to reap higher valuations by going
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      Lock icon ZACD Group launches pop-up store in China
      456 17  -  Project aims to showcase Singapore offerings to six second-tier cities in China By Tan Effie taneffie@sph.com.sg Singapore INVESTMENT firm ZACD Group announced on Thursday the launch of the WOW Singapore pop-up store, a market engagement media concept and platform that will be showcased
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    • Article
      Lock icon LA luxury apartment tower testing market with sky-high rents
      636 17 BLOOMBERG Los Angeles WITH its 40 storeys and monthly rents of as much as US$25,000, a new Los Angeles apartment tower is reaching Manhattan’s heights. And its amenities may make New Yorkers jealous: a chauffeur-driven Rolls-Royce, in-house Botox and your latte
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      59 16 INDIA COMES TO YOU AT SINGAPORE INTERNATIONAL INDIAN EXPO 2016 Suntec Convention Exhibition Centre Hall: 401-402 22ND 25TH SEPTEMBER 2016 110 AM -10 PM Exhibition Highlights: Over 160 exhibitors Lucky draw prizes Celebrity appearance Food, Fun Festivity Entertainment Cultural activities 5TH YEAR FREE ENTRY Singapore^ INTERNATIONAL INDIAN EXP***** ORGANISED BY:
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      164 16 n ‘U miu uiai HHflM For a copy of the Tender Documents, kindly procure from: 18 Ah Hood Road Level 8, ERA Zhongshan Park, Singapore *****3 Tender Closing Date: Wednesday, 19th August 2016 3pm For Sale By Tender ADDRESS OF PROPERTY: No. 7 Kung Chong Road Singapore *****4 LEGAL DESCRIPTION:
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      581 17 D04 HOUSE FOR SALE COVE DRIVE Rowena *****166 Open Hse. Ride of the renewed interest Sentosa. Brand New, 2.5 storey, sky pool, sauna, jacuzzi for the discerning buyer. Lowest psf. Must sell, serious seller. D10 HOUSE FOR SALE Irene Y L Tan 9817 6335 VICTORIA PARK VILLAS Brand New 109
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  • CONSUMER
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      227 18 >3)1 ;:*5£ sC! s 'apn>l» 11 1 m •r“* PROPERTY SEMINAR 2016 I I w r Create Wealth by investing in Asia, Australia and UK in the challenging times ahead! Date Time Saturday Sunday 27-28 August 2016 11am to 5pm TOPICS SPEAKERS DAY 1 Saturday, 27 August 2016 Venue SPH
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      991 19 NOTICES TOLL FREE 18 0 0-289-8822 I Email notices@sph.com.sg I www.sphclass.com.sg/notices THE COMPANIES ACT (CHAPTER 50) THE COMPANIES ACT REGULATIONS SECTION 227N/REGULATION 55 NOTICE OF JUDICIAL MANAGERS TO CREDITORS OF FIRST MEETING Name of Company OFFSHORE LOGISTICS (ASIA PACIFIC) PTE LTD (Under Judicial Management) Company No. *****8634H (Under the Order
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      645 19 IN THE MATTER OF SECTION 290 OF THE COMPANIES ACT (CAP. 50) AND IN THE MATTER OF EQUATORIAL CREDIT PTE. LTD. (Co. Reg. No: *****3680R) (“Company”) NOTICE OF SPECIAL RESOLUTION FOR MEMBERS’ VOLUNTARY WINDING-UP At an Extraordinary General Meeting of the members of the abovenamed company duly convened and held
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      2557 19 sramFono runes STAMFORD TYRES CORPORATION LIMITED Company Registration No: *****4416M (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Twenty-Seventh Annual General Meeting of the Company will be held on Tuesday, 30 August 2016 at 3.00 p.m. at 19 Lok Yang Way,
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  • GOVERNMENT & ECONOMY
    • Article
      Lock icon Supermodels, CEOs and athletes do business in Rio’s other Games
      688 20 MNCs set up posh lounges and marketing schemes to woo customers in offsite venues, skirting IOC rules BLOOMBERG London IF you think the athletes in Rio are battling it out, you ought to see what corporations are up to. From
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      Lock icon World Bank suffering leadership crisis: staff
      331 20 AFP Washington WORLD Bank staff delivered a broadside against its sitting president this week, saying the global lender faced a “crisis of leadership” and risked irrelevance on the world stage. The rebuke, made in an open letter from the bank’s staff association, came as
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    • Article
      Lock icon China’s already started bailing out its banks, says UBS
      371 20 BLOOMBERG Abu Dhabi THE good news is that the capital raises have begun. The bad news is that they need to continue. An analysis of 765 banks in China by UBS AG shows that efforts to clean up the country’s debt-ridden
      BLOOMBERG  -  371 words
    • Article
      Lock icon NZ cuts interest rates to record low; kiwi dollar soars
      340 20 BLOOMBERG Wellington NEW Zealand’s central bank cut interest rates to a new low and said more easing will be needed to return inflation to target, disappointing some investors who were looking for a more aggressive signal. The local dollar surged.
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  • Page 20 Advertisements
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      62 20 NOTICES TOLL FREE 1800-289-8822 I Email notices@sph.com.sg I www.sphclass.com.sg/notices LIQUIDATION SALE Sale of 1 unit of “Komatsu” 3MT Diesel-Engined forklift, 19 Coils of ZAM Steel sheets and some stainless steel sheets. If interested, please contact Jun Ren *****327 or junren@rockstevenson.com Find painters to do the job or promote your services
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  • TRANSPORT
    • Article
      Lock icon Self-driving cars ripping up an industry’s supply chain
      842 21 Parts makers getting cheaper, with economic uncertainty and Brexit concerns driving their share prices down WP Washington THE self-driving revolution has spurred the biggest two years of car-supplier takeovers in a decade, with more coming as parts makers struggle to keep up
      WP  -  842 words
    • Article
      Lock icon Pyjamas a weapon in fight for top globetrotters
      594 21 Passengers in the premium cabin want to deplane “looking crisp and fresh” BLOOMBERG Dallas THE world’s premium airlines have rushed to make their first and busi-ness-class cabins pleasure domes of comfort. Champagne, caviar, celebrity chefs, and seats that recline 180 degrees into
      BLOOMBERG  -  594 words
    • Article, Illustration
      Lock icon Delta cancels hundreds more flights, expects normal operations soon
      563 21 REUTERS New York DELTA Air Lines Inc on Wednesday cancelled more than 300 flights and upended thousands of travellers’ plans for the third day in a row after a power outage hit its computer systems, though it forecast a return to
      REUTERS; PHOTO: REUTERS  -  563 words
  • Page 21 Advertisements
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      325 21 SCAN&READ @lifestyle.omy.sg Chinese Theatre Festival 2016 "Mamma Luna" Chinese Language Content In this short course, Dr Tee will give you insights on how to select strong global giant stocks, wait patiently for different levels of crisis to buy at low price and finally selling at high price or even holding
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      47 21 INDIA, A REPORT CARD As the country celebrates Independence Day on Aug 15, we look at prime minister Narendra Modi’s foreign and economic policies Local Tamil actors on their roles in English TV drama Tanglin GET YOUR COPY TODAY TO ADVERTISE: CALL KALWANT (*****327) OR NISHAL (*****438)
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      50 21 A U G 1 6 24WEDNESDAY SPH News Centre 9.30am to 6.00pm CHANGING MINDS WITH EFFECTIVE CLOSING TECHNIQUES Trainer Jacky Lim Price From 18 Aug$589 Early Bird by 17 Aug$489 Productivity and Innovation Credit (PIC) Claimable To register or find out more about our workshops, visit http://learning.stjobs.sg/ workshops STJOBS LEARNING
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  • OPINION
    • Article
      Lock icon China-Japan spat over islands: risk of escalation running high
      571 22 EDITORIAL AT this time of year, the rumble of distant thunder can often be heard in Tokyo as storms lurk menacingly in the Sea of Japan or the Pacific Ocean. But this year, that rumble is one of threatened confrontation between
      571 words
    • Article
      Lock icon The dangers of low interest rates
      789 22  -  THE BOTTOM LINE By Colin Robertson T The writer chairs a private sector pension fund and advises a public sector fund, and is a member of the Official Monetary and Financial institutions Forum Advisory Board OMFIF THE Bank of England Monetary Policy Committee has
      OMFIF  -  789 words
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      Lock icon Gary Johnson wants to be US president
      1316 22  -  Clinton and Trump should take note: The Libertarian Party’s Johnson is hoping that his popularity will continue to grow and that he will be able to be invited to debate the duo By Leon Hadar IMAGINE that the United States has an electoral
      PHOTO: AFP  -  1,316 words
    • Article
      Lock icon Energy and climate: a turning point looms
      815 23  -  COMMENTARY By David Fullbrook T The writer is a senior strategy and policy consultant with DNV GL Energy’s Clean Technology Centre in Singapore WORLD Bank president Jim Yong Kim told the Climate Action Summit in Washington in early May: if (Asia) implements the
      815 words
    • Article
      Lock icon Time for Brazil to heal
      757 23  -  By David Smith T The writer represented the United Nations Secretary-General in the Americas for a decade. He is a member of the Official Monetary and Financial institutions Forum advisory board OMFIF IN THE middle of these Olympic Games, Brazil has finally decided to impeach
      OMFIF  -  757 words
    • Article
      Lock icon New SISV index provides an easy-to understand measure
      244 23  -  LETTER TO THE EDITOR Teo Li Kim Director of Valuation and General Practice, Singapore institute of Surveyors and Valuers (SISV) I REFER to the report “SISV comes up with own indices to track suburban condos” (The Business Times, Aug 4). In it,
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      Lock icon Brexit could end up strengthening the EU
      1233 23  -  The European Union is closing ranks and winning new support as voters learn that leaving the Union carries high costs. BY CHRIS MILLER costs.BY CHRIS MILLER T The writer is associate director of the Grand Strategy Program at Yale and a fellow at
      YALEGLOBAL ONLINE; PHOTO: REUTERS  -  1,233 words
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  • Page 24 Advertisements
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      1153 24 THE BUSINESS TIMES Shipping times MONTREAL 10 120 29/7 30/7 4/8 MONTREAL 10 120 29/7 30/7 4/8 EASTERN CAR LINER, LTD SPECIALIZE IN RORO HEAVY LIFT INTRA-ASIA SERVICE VOY Ramp(KT) Lifting(KT) SIN PKL KUC KK JKT SURA AERO STAR 012 60 24/8 26/8 30/8 POSITIVE BRAVE 4 100 1/9 2/9
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      307 24 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 (ASIA) PTE. LTD. K o
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      711 24 WALLENIUS WILHELMSEN LOGISTICS Tel: (65) 6470 9100 Fax: (65) 6235 3623 Email: 2wsinenq@2wglobal.com website: http://www.2wglobal.com AUSTRALIA NEW ZEALAND TO ASIA VESSEL VOY AKL BNE PKL MEL FRE SIN TONSBERG FF627 22/07 28/07 30/07 01/08 06/08 13/08 TARAGO FF629 13/08 17/08 19/08 21/08 27/08 03/09 PARSIFAL FF630 20/08 24/08 27/08 30/08
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  • BT Lifestyle
    • CHALLENGES AND PROVOCATIONS
      • Article, Illustration
        Lock icon Being intimate with strangers
        823 25  -  The Singapore International Festival of Arts 2016 returns this week with 20 boundary-pushing works. In this curtain-raiser for our festival coverage, we look at some Singapore productions and collaborations in the line-up. BY HELMI YUSOF BY HELMI YUSOF helmi@sph.com.sg @HelmiBT EVERYTHING BY MY SIDE Aug 12-14
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        Lock icon Memoirs of flamenco legend brought to life
        526 25 THE LAST BULL: A LIFE IN FLAMENCO Aug 25-27 WORLD-CLASS Spanish flamenco dancer Antonio Vargas has been based in Singapore since 2008. When he was introduced by a mutual friend to Checkpoint Theatre’s artistic directors Huzir Sulaiman and Claire Wong in 2010, the
        PHOTO: JOEL LIM AT CALIBRE PICTURES  -  526 words
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        Lock icon Exploring the Malay Archipelago in 1800s
        523 25 TROPICAL TRAUMAS Sept 2-4 SOME of the biggest names in contemporary art are showcasing their film and video works at a massive installation in Gardens By The Bay. The cylindrical stage measuring 18 metres in diameter allows you watch the videos from the inside
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        Lock icon Also worth catching...
        226 25 SANDAIME RICHARD (below) Sept 8-10 ONG Keng Sen, the festival director of Singapore International Festival of Arts, always has a work of his own in the festival line-up. This year, it is Sandaime Richard (or Richard The Third in Japa- nese). This cerebral comedy, written by Hideki
        PHOTO: KELVIN CHEW  -  226 words
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      30 25 TV Filmmaker Baz Luhrmann talks about The Get Down 27 CITY LIFE BT writers’ picks of what to see, do or talk about/29 ifestyle BTLi estyle T Tickets from Sistic
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  • ARTS
    • Article, Illustration
      Lock icon Collectors lend buzz to Art Stage Jakarta
      889 26  -  The inaugural event, the first regional outpost for the Singapore fair, was marked by huge parties thrown by them. BY HELMI YUSOF them.BY HELMI YUSOF helmi@sph.com.sg @HelmiBT THERE are considerable differences between the Singapore and Indonesian art collector, observed one regional art dealer.
      PHOTOS: HELMI YUSOF  -  889 words
    • Article, Illustration
      Lock icon Classic monologue marks the turn of an era
      472 26  -  By Helmi Yusof helmi@sph.com.sg @HelmiBT ROSNAH in 2016 feels like a crucial time capsule of a pre-Internet era. There are so many fears and anxieties experienced by the character in Haresh Sharma’s 1995 monologue, it might have some audiences today scratching their
      PHOTO: CRISPIAN CHAN FOR TNS  -  472 words
    • Article, Illustration
      Lock icon Dancing to a masterpiece
      629 26  -  B y Cheah Ui-Hoon uihoon@sph.com.sg WHEN being an artist is your very core, there’s a lack of self-conscious-ness but only the urge to express yourself through different media. At least that is the case for master performing artist Sardono W Kusumo, one of Indonesia’s foremost artists
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  • TV/CINEMA/ARTS
    • Article, Illustration
      Lock icon Tracing the birth of a new musical form
      894 27  -  The Get Down a tribute to hip-hop culture is the most difficult project he’s ever worked on, says filmmaker Baz Luhrmann. BY GEOFFREY EU Luhrmann.BY GEOFFREY EU THE Get Down got Baz Luhrmann in more ways than one. For years, the filmmaker
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      Lock icon Just enough bite in sexy shark thriller
      469 27  -  By Dylan Tan dylantan@sph.com.sg @DylanTanSYBT IF Sports Illustrated took a leaf from Marvel or DC and decide to go into films, the end product would most likely look a bit like The Shallows a sexy Jaws-inspired thriller starring a tiny bikini with Blake
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      Lock icon Bourne’s ballet remake a delight to watch
      660 27  -  B y Cheah Ui-Hoon uihoon@sph.com.sg THE thing about Matthew Bourne’s remakes of classical ballets is that they spoil you; making it hard for you to enjoy the more staidly staged classical versions henceforth. But, oh, how much you would miss out on if
      PHOTO: JOHAN PERSSON  -  660 words
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      Lock icon Celebrating a unique cultural movement
      649 27  -  By Geoffrey Eu DEPICTING a pivotal moment in Afri-can-American history by way of a TV series is nothing new but when seen through the candy-coloured lens of Baz Luhrmann, it promises to be, at the very least, a Cultural Event. The Get Down often lives
      PHOTO: MYLES ARONOWITZ AND NETFLIX  -  649 words
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  • WINE/MUSIC
    • Article, Illustration
      Lock icon Exploring the diversity of the wine world
      1086 28  -  Non-classified wines can be as enjoyable and as interesting as those at the top end of the scale. BY NK YONG WOULD you use Château Petrus as your house wine? (Assuming that you can afford it, of course!) Yes, as in that Château
      PHOTO: NK YONG  -  1,086 words
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      Lock icon Fans matter to indie rockers Weezer
      639 28  -  By Dylan Tan dylantan@sph.com.sg @DylanTanSYBT WEEZER fans are a hard-core bunch and the members of the band won’t have it any other way. Over the last 26 years, the legendary American alternative rockers have done everything from releasing demos to consulting them about what
      639 words
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      Lock icon A country-pop legend’s last roll of the dice
      491 28  -  By Dylan Tan dylantan@sph.coms.g @DylanTanSYBT THERE are old-timers like Tom Jones and Engelbert Humperdinck both whom played Singapore in recent months who admit they won’t know what to do if they ever quit touring; and then there is Kenny Rogers who is
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  • Page 28 Miscellaneous
    • Miscellaneous
      Lock icon Page 28 Miscellaneous Column 1
      303 28 CRYPTIC CROSSWORD Across 1 People who rejoice seeing tirades by B-lister? (10) 6 Condition of being new in service (4) 9 Praise sources of profit and loss before financial review (7) 10 Take up the cause of European partner (7) 12 Popular and match fit, beyond dispute (13) 14 Risking
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  • CITY LIFE
    • Article, Illustration
      Lock icon Green is the new black
      959 29  -  The upcoming Green Living exhibition hopes to link consumers and firms by promoting the usage of green products and sustainable living options. BY AVANTI NIM options.BY AVANTI NIM avantin@sph.com.sg GLOBAL warming is serious. In fact, it’s such a big deal that Leonardo DiCaprio felt it
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    • CITY BUZZ BT writers' picks of what to see, do or talk about
      • Article, Illustration
        Lock icon MOVIE AND PICNIC UNDER THE STARS
        298 29  -  By Dylan Tan CINEMA Films at the Fort GET a different kind of cinema-going experience one complete with gourmet food and wine in an open-air setting with the return of the fourth edition of Films at the Fort. But the real highlight of this
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        Lock icon Dick Lee Singapop! 60th Birthday Concert
        235 29  -  CONCERT By Dylan Tan AGE is but a number to veteran sing-er-songwriter, fashion designer and soon-to-be filmmaker Dick Lee. He celebrates his 60th birthday a couple of days in advance with a solo concert that will kick off the inaugural Icon Series, a new
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      • Article, Illustration
        Lock icon House of Curiosities
        191 29  -  THEATRE/CARNIVAL By Helmi Yusof THE Singapore Night Festival returns next week with top attraction House of Curiosities by acclaimed Singapore theatre company CAKE Theatrical Productions. The carnival-like event promises something for everyone from funhouse mirrors and a create-your-own-clothes fashion show to a stage play about the adventures
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        Lock icon Wagyu indulgence
        249 29  -  DINING By Tay Suan Chiang If you love Wagyu, then you wouldn’t want to miss two Wagyu dining promotions, coincidentally taking place at the two Pan Pacific hotels in Singapore. Pan Pacific Singapore’s Keyaki is bringing back its popular annual Wagyu promotion. On the menu this year is
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        Lock icon Indonesian cuisine showcase at Sheraton Towers Singapore
        189 29  -  DINING By Rachel Loi YOU may be familiar with classic Indonesian dishes like gado gado or beef rendang but prepare for something different when Sheraton Towers Singapore hosts guest chef John Sawarto to showcase a whole new contemporary style of Indonesian cuisine made
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      169 30 Rooted in Nature. Driven by Design. T S* Hi X. r 3 i*,kz?' tS m’l y 4 V V' >- -*^r—? k Jlaae r M S' *'y KHKKV ‘■j i/S 9 r wm m r. L' •VXrt Xt --S it X *S V x v vV n -Z v: p
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  • BEI ASIA AWARDS 2015/16
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      Lock icon Leaders in the built environment industry
      585 1 OME 25 companies from the built environment industry were honoured in May for their achievements and contributions to their respective sectors. The Built Environment Industry (BEI) Asia Awards 2015/16 ceremony and gala dinner took place on May 19, 2016 at ONE°15 Marina Club, a
      585 words
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      Lock icon Sustaining a culture of excellence
      200 1 ARCA ENVIRONMENTAL CONSERVATION AWARD WINNER COUNTRY VIEW BERHAD GROUP THE ARCA Award is presented in recognition of the excellence and resourcefulness of business in the Built Environment Industry (BEI). This award honours outstanding professional enterprises that excel in the areas of organisational leadership and development,
      200 words
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      Lock icon Building a winning platform
      769 2 Fong Kwok Shiung, general manager of PTL Group, speaks about the importance of an initiative like the BEI Asia Awards Question: What are the key activities of the PTL Group? PTL Group is a branding consultancy that supports enterprises achieve long-term competitive success by helping them
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      Lock icon Country View moves beyond townships
      895 4  -  The Malaysian property developer is going into the luxury residential market. By Francis Kan Asia Responsible Corporate Awards Environmental Conservation Award By Francis Kan FOR more than three decades, Country View Berhad Group has made its name building quality township developments across peninsular Malaysia. Leveraging
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      Lock icon Building a culture of success
      1008 6  -  ERA believes in engaging the hearts and minds of its staff to achieve superior results. Asia Responsible Corporate Awards Apex Leadership Award By Francis Kan IN a highly competitive market, it is those with the strongest brands that will prevail even in an uncertain business
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      Lock icon Getting tough on pollution
      659 8 TuffChem Environmental Services wants to contribute to a better tomorrow for the Earth. By Sue-Ann Chia Asia Green Business Awards Green Industrial Cleaning Process and Technology WHEN Allister Lim Rochstad decided to change the focus of her consultancy business in 2003, her goal was not simply
      659 words
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      Lock icon Seeking more sustainable building designs
      499 8 CIAP has made a name for itself as a leading healthcare facilities architect Asia Green Business Awards Green Architect CIAP Architects provides master planning, architectural, project management and interior design services to clients in a wide range of industries in Singapore and across Asia. These
      499 words
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      Lock icon A cycle of success
      470 8 These two winners of the Asia Green Business Awards are making their mark in the recycling business Asia Green Business Awards Metal Recovery Remex Minerals Singapore REM EX operates one of the most modern recycling facilities for the processing of municipal solid waste incineration bottom ash
      470 words
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      Lock icon Essential part of the building process
      642 9  -  SAY Brothers’ simple formula for success is change and evolve. By Sue-Ann Chia Enterprising Awards Award of the Year By Sue-Ann Chia DEEP in the heart of industrial Kaki Bukit, there is a treasure trove of some of the world’s most precious minerals. Curated
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      Lock icon Aiming to shine on a bigger stage
      480 9  -  Enterprising Awards Top Winner By Sue-Ann Chia FIRE, according to the Greeks, was a gift stolen by the Greek god Prometheus and given to humans. It not only sustained life for humans but symbolised inspiration and the gift of creativity. Fire was also
      480 words
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      Lock icon Making parking hassle-free
      898 10  -  Sun Singapore Systems is transforming the carpark industry with innovations. Distinguished Awards Award of the Year By Sue-Ann Chia THE malls have it, the hotels have it, and, these days, even the humble public housing estates have it. Automated cashless parking systems have become as ubiquitous as
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      Lock icon Concrete foundations for growth
      453 11  -  Cementaid (SEA) is looking to meet the demands of eco-friendly buildings. Distinguished Awards Top Winner By Sue-Ann Chia FROM the spectacular pyramids in Egypt to the Pantheon in Rome, the one thing in common in these architectural feats through the millennia has been the use of
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      Lock icon A trail blazer in drainage systems
      264 11 Distinguished Awards Winner FAST Flow Singapore provides solutions for rainwater management for building projects. In particular, it designs drainage systems that seamlessly integrate into a host building, optimising material use and achieving both architectural and engineering expectations Fast Flow undertakes the full construction of
      264 words
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      Lock icon Success by design
      783 12  -  It was business at first sight for id212 founders Patrick Koh and Celine Chia. Inspiring Awards Award of the Year Chia.By Sue-Ann Chia WHEN Patrick Koh spotted Celine Chia during one of the classes at a Masters degree course several years ago, he knew she had the
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      Lock icon Doing some heavy lifting
      535 12  -  A boom in demand for cranes helps to fuel growth at Hong Fa Logistics Engineering. By Sue-Ann Chia Inspiring Awards Top Winner Engineering.By Sue-Ann Chia WHEN Ong Wei Yang completed his national service, he had an offer to join the army as a regular, with the
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      Lock icon A long-standing dedication to quality
      838 13  -  Technology and innovation fire up Rinnai’s growth. Regional Awards Award of the Year By Sue-Ann Chia AIMING for perfection in quality is a mission for heat-en-ergy appliance firm Rinnai, which seeks to ensure that all their products are de-fect-free. “We are committed to keeping our
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      Lock icon Supporting a nation
      377 13  -  Marina Technology and Construction specialises in piling foundations under the water. Regional Awards Winner By Sue-Ann Chia AS a tiny island state surrounded by the sea, Singapore’s construction industry has had to develop expertise in marine construction in order to maximise its space for built up areas.
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      Lock icon Picking the winners
      426 14  -  Willie Tan, the chief judge of the BEI Asia Awards 2015/16, shares his thoughts on this year’s winners. By Francis Kan By Francis Kan Question: How would you assess the quality of the winners at this year’s awards? There are different categories of winners, and we recognise
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      Lock icon A journey of excellence
      862 15 Past BEI Asia Awards winners continue to make a mark in their respective fields WINNING at the BEI Asia Awards is not a one-off affair, but rather, a milestone on an ongoing journey of achievements. Past winners also continue to keep in touch through a platform
      PHOTOS: JAMIE KOH, MARK CHEONG/ THE STRAITS TIMES, HONG LEONG GROUP SINGAPORE  -  862 words
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      138 1 PRESTIGE TRIUMPH LEADERSHIP P R E S T I G r IR BEI I HLURRLrS EM&o/v RLU m BEI Asia Aw #1* m f f 8T5 ft m %J I 1 %'m Y Yt* Awards Go §> ©c nners i a? ircle iroe 11 7S* n v 1 i i
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      174 2 mm K 4 ess S\J CL V\o'' l S8P Vo'-' 1 A Jonathan Wang m M 1 7 m Off S-/ SINGAPORE INSTITUTE OF TECHNOLOGY r (H I HE TUR A THEIR [V| s m ■u s Mil h > l|? NANYANG HI TECHNOLOGICAL W/ UNIVERSITY 4 Congratulations to id
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    Lock icon Balancing environmental and business sustainability
    485 3  -  Congratulations to TuffChem Environmental Services for being awarded the BEI Asia Awards 2015/16 Asia Green Business Award Contributed by Jane Rochstad Lim TuffChem Environmental Services, a company that specializes in eco-friendly products and services to the oil, gas, petrochemical and energy industries, was awarded the
    (source: SBF Singapore)  -  485 words
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    Lock icon The time to act is now
    348 3 The human population grew from 2.5 billion in the 1950s to 7.3 billion in 201 5, resulting in the huge increase in demand for land, food and fuel. Coupled with the impact of global modernization and development, there are many environmental issues which threaten
    348 words
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      113 3 Em Environmental Services Pte Ltd Foam Cleaning Chemical Cleaning Dry Ice Blasting Waste Water Plant Consultation r fail Before Cleaning Before Cleaning Before Blasting Jar Testing r ik After Cleaning After Cleaning After Blasting Plant Consultation Services: Chemical Cleaning Oil Flushing* Foam Cleaning Dry Ice Blasting Pressure Testing Decontamination Tank
      113 words
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      76 6 Mr Veerasamy AVM ENGINEERING PTE LTD Sowmia Latha, Director of SVN ENGINEERING PTE LTD Kelvin Lim, Director of LON DEVELOPMENT PTE LTD Peter Choong, Director of ZPT TECHNOLOGY PTE LTD Congratulations to all the local and regional winners of the BEI Asia Awards, the Asia Responsibility Corporate Awards and the
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      78 6 .v -.V ■i m’/i .m Hong Fa Logistics Engineering N on being awarded the jfc }Top Inspiring Award in the BEI Asia Awards 2015/,f6j m ur HONG FA ||/Wf+ 1 VX Logistics Engineering Pte Ltd Jill SINGAPORE LOGISTICS ASSOCIATION m 67 Ubi Crescent, #03-03 Techniques Centre, Singapore *****0 n I
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      183 9 BElAJfl HLURR BEI Asia Awards 2015/16 Congratulations to CEMENTAID (S.E.A.) PTE LTD On being awarded the Top Distinguished Award In the BEI Asia Awards 2015/16 winner 1 w Z 4 f;?f mi s s !S s KSSEfi mJa A 0 o it /r N f i ft 5 ft iSf
      183 words
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      82 10 Congratulations to Mr Neo Lay Huat, Managing Director of Soon Yong Huat Construction Pte Ltd for being awarded the AG5A Construction Waste Recycling Award in the BE! Asia Awards 201 5/\6 TM HLUHR BEI Asia Awards 2015/16 winner, A construction and demolition waste recycling company joon Qong ITliiat Construction www.soonyonghuat.com
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      5 10 SINGAPORE FIRST Private Minerals Museum
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      161 11 R m BEI fill) HR BEI Asia Awards 2015/16 OUR HEARTFELT! CONGRATULATIONS;^ Dr. Ye Ning, Managing Directc SUN SINGAPORE SYSTEMS for winning the Distinguished BEI Asia Award of the Year ■iJM iSP, mmu :■*< xC SunPark® Electronic Parking System SunPark® Auto-Enforcement Vehicle P f^njUeajon T«rnirv»l 1 572 Taminal 2 1379
      161 words
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      182 13 Congratulations ERA, #1 Largest Real Estate Agency in Singapore for winning the BEI Asia Responsible Corporate Awards, Apex Leadership Award 2015/16 exceptional Perfor ma Co -T. A <5> P> 4 S' s V u O' s* vT o a a. O z. V. (0 a O' 0 -o -o 6
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      97 14 WORKING FOR THE FUTURE U "5 f Hf I m r-i *r 00* r ■WSSri Your Partner In Working For the Future REMEX Minerals Singapore Pte Ltd is one of the most modern recycling facilities for the processing of municipal solid waste incinerator bottom ash and recovery of metals. Equipped
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      74 14 CONGRATULATIONS to BE Marina Technology Construction Pte Ltd p yj p p on being awarded the BEI Asia Awards BEl Asia Regional Awards 2015/16 Collyer Quay Waterfront with Floating Structures, Pivot Bridge Water Taxi Pontoons i'i V* tl. 1* u. r -■W S ‘L a Jubilee Bridge at Marina Bay
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      33 15 Reliable IntelligentDesign QualityAssurance Creative 2 1 4 GreenSolution 5 OurPurpose Ahighlyspecializedgroupofcompaniesprovidingrainwater drainagesolutionsforbuildingsacrossAsia FastFlowSystemsPteLtd No.1FifthAvenue,#04-04/05GuthrieHouse,Singapore*****2 www.fastflowgroup.com Seekandimaginenewwaystosolve tomorrow’sdrainagechallenges 1.Esplanade,Singapore 2.Singapore Sports Hub,Singapore 3.Gran Rubina Business Park,Indonesia 4.CCTV Headquarters,China 5.Marina Bay Sands Integrated Resort,Singapore 3
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      484 16 I Congratulations to Soh &Tan Enterprises Pte Ltd on being awarded the BEI Asia Green Business Awards Green Landscaping C I A P ARCHITECTS PTE LTD At the heart of the Built-Environment 1 North Bridge Road #20-05 High Street Centre Singapore *****4 6336 3900 www.ciap.sg info@ciap.sg ■Hwiiiniin .i 5*2 lb
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