The Business Times, 22 August 2016

Lock icon This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.

Microfilm: NL33936
Total Pages: 25
1 26 The Business Times
Page thumbnail Page 1
  • Title Section
    Lock icon Masthead
    22 1 THE BUSINESS TIMES A SINGAPORE PRESS HOLDINGS PUBLICATION www.businesstimes.com.sg @BusinessTimes MCI (P) 052/08/2016 S$1.20 CO REGN NO *****2868E Monday, August 22, 2016
    22 words
  • Article
    Lock icon MARKETS
    25 1 Weekly Change STI 2,844.02 -23.38 KL Comp 1,687.68 +3.53 Nikkei 225 16,545.82 -374.10 Hang Seng 22,937.22 +170.31 Shenzhen B 1,166.95 +7.89 Dow 18,552.57 -23.90
    25 words
  • Article, Illustration
    Lock icon DAILY DIGEST
    224 1 Home price rises in China’s biggest cities showed signs of easing in July, adding to concerns that one of the economy’s key growth drivers is losing steam but offering some relief for policymakers worried about property bubbles. REAL ESTATE 14 US bank mergers are heading for a seven-year
    224 words
  • Article, Illustration
    Lock icon Disruption is ‘defining challenge’ to economy, says PM Lee
    932 1  -  But it is not all doom and gloom as new jobs are created whenever there is disruption NATIONAL DAY RALLY By Lee U-Wen leeuwen@sph.com.sg @LeeUwenBT Singapore AMONG all the economic issues that Singapore has to deal with, the “defining challenge” facing
    Disruption happen again, PHOTO: SEAH KWANG PENG / THE STRAITS TIMES  -  932 words
  • Article
    Lock icon PM Lee undergoes full check-up after feeling unsteady at rally
    338 1  -  By Lee u-wen leeuwen@sph.com.sg @LeeUwenBT Singapore THERE was some drama on Sunday at the National Day Rally when Prime Minister Lee Hsien Loong paused midway through his speech and had to be ushered off the stage to receive medical treatment.
    338 words
  • Page 1 Advertisements
    • Advertisement
      Lock icon Page 1 Advertisements Column 1
      253 1 *****1 *****1 COMMENTARY India’s new central bank governor has big shoes to fill GOVERNMENT ECONOMY 22 STARTUP ACCELERATORS Too much of a good thing? TOP STORIES 3 TUDOR BLACK BAY DARK Housed in a black PVD-coated stainless steel case, TUDOR in-house movement MT5602 offers a 70-hour power reserve and is
      253 words
    • Advertisement
      Lock icon Page 1 Advertisements Column 2
      22 1 GOING FOR GOLD What needs to change, or be done, for Singapore to produce more Olympic champions? VIEWS FROM THE TOP 16-17
      22 words
    • Advertisement
      Lock icon Page 1 Advertisements Column 3
      5 1 More reports on Page 2
      5 words
Page thumbnail Page 2
  • TOP STORIES
    • Article, Illustration
      Lock icon Heng Swee Keat to resume duties as Finance Minister
      801 2  -  National Development Minister Lawrence Wong will be appointed Second Finance Minister NATIONAL DAY RALLY By Lee U-Wen leeuwen@sph.com.sg @LeeUwenBT Singapore PRIME Minister Lee Hsien Loong announced on Sunday that Heng Swee Keat, who suffered a stroke during a Cabinet meeting in
      ST FILE PHOTO  -  801 words
    • Article
      Lock icon Government aware of other terrorist plans on S’pore
      694 2  -  By Andrea Soh sandrea@sph.com.sg @AndreaSohBT Singapore BESIDES the planned attack on Singapore from Batam, the government also received information on other terrorist plans targeting the Republic, and acted quietly to take precautions. These included stepping up patrols and raising protection for major
      694 words
    • Article, Illustration
      Lock icon Race remains a factor in elections: PM Lee
      785 2  -  By Lee U-Wen leeuwen@sph.com.sg @LeeUwenBT Singapore IT IS “not surprising” that race is still a factor during elections in Singapore and will remain so for years to come, and it’s a fact that minority candidates are at a disadvantage with all other
      Source: Channel NewsAsia-Institute of Policy Studies survey on race relations (2016)  -  785 words
    • Article
      Lock icon Singapore must not succumb to pressure to take sides on South China Sea dispute
      849 2  -  By Lee U-Wen leeuwen@sph.com.sg @LeeUwenBT Singapore WHILE Singapore does not have any claims of its own in the South China Sea nor does it take sides with any of the claimants, Prime Minister Lee Hsien Loong
      849 words
    • Article
      Lock icon Accelerators – too much of a good thing?
      1126 3  - Accelerators too much of a good thing? Observers say it is a positive development, but warn of extravagance and vain attempts at innovation By Jacquelyn Cheok jaccheok@sph.com.sg @JacCheokBT Singapore STARTUP accelerators are kicking into high gear. In the last one and a half years, over 15 accelerators have been created
      1,126 words
    • Article, Illustration
      Lock icon Brewing a culture for a better, more caring world
      934 4  -  Asia Pacific Breweries Singapore established its APB Foundation over 20 years ago to support worthy causes in a more structured approach to its philanthropic giving COMPANY OF GOOD By Vivien Ang vivang@sph.com.sg Singapore ASIA Pacific Breweries Singapore (APB Singapore), home of
      PHOTO: ARTHUR LEE  -  934 words
    • Article, Illustration
      Lock icon 2008: Lehman collapse sparks global financial crisis
      336 4  -  Historic layoffs at DBS; Singapore steps up investment in rail network. BY MINDY TAN, KENNETH LIM ITH a single bankruptcy application on Sept 15, 2008, Lehman Brothers set off a global financial crisis. Lehman was not the first bank to collapse that year
      BT Graphics: Andrea Lee  -  336 words
Page thumbnail Page 3
  • Page 3 Advertisements
    • Advertisement
      Lock icon Page 3 Advertisements Column 1
      188 3 SUCCESS IS A JOURNEY. Of discovery. Of refinement, It’s knowing that the biggest diamond isn’t necessarily the purest, That the most expensive vintage isn't always the finest. It’s knowing that the car you drive is more than just a badge. It’s who you are, And it’s why every detail matters,
      188 words
Page thumbnail Page 4
  • Page 4 Advertisements
    • Advertisement
      Lock icon Page 4 Advertisements Column 1
      189 4 Reaching out to 1.9 Billion People %4 o m u <*- 1 w« i ■'T Welcome to the 13 th China-ASEAN Expo September 11” 14”, 2016 Nanning, China 5 major pavilions for commodity trade, investment cooperation, advanced technology, trade in services and cities of charm Showcasing cutting-edged and distinctive commodities
      189 words
    • Advertisement
      Lock icon Page 4 Advertisements Column 2
      50 4 The Business Times has been there to report and analyse the most significant news since 1976. Every week, this feature will showcase excerpts from the biggest stories for each year that the paper has been in operation. The full text of all the stories can be found online at bt.sg/bt_40
      50 words
Page thumbnail Page 5
  • COMPANIES & MARKETS
    • Article
      Lock icon Dealing with diversity fault lines
      895 5  -  The negative effects of these fault lines can be mitigated and managed by adopting the ideological and self-regulatory approaches. SID BOARDROOM j"H'- matters BY EUGENE KANG T The writer is a member of the Advocacy Research Committee of the Singapore institute of Directors IN recent
      895 words
    • Article, Illustration
      Lock icon Far East Organization on a quest for customer satisfaction
      1412 6  -  It has an index to measure the level of customer satisfaction and pegs annual staff bonus payouts to achieving index targets. TOPLINE BY KALPANA RASHIWALA kalpana@sph.com.sg @KalpanaBT ONE of Singapore’s oldest and largest property groups, Far East Organization (FEO), is on
      PHOTO: A IDAN LOO  -  1,412 words
    • Article
      Lock icon PRIME LENDING RATES
      241 6 BANKS Agricultural Bank Of China 5.50 Agricultural Bank Of China Bangkok Bank Public Co. Ltd 6.00 ANZ Singapore Bank of Communications 5.50 Bangkok Bank Public Co. Ltd .6.00 Bank of China Limited Bank of Tokyo-Mitsubishi Bank of Communications Banque Internationale a Bank of East Asia .5.75 Bank
      241 words
    • Article, Illustration
      Lock icon Jump in recurring revenue cushions drop in property sales
      662 6  -  FEO’s recurring revenue last year was S$772m, about 3.7 times the s$207m in 2005 By Kalpana Rashiwala kalpana@sph.com.sg @KalpanaBT LIKE other property groups here, Far East Organization (FEO) has seen its property sales in Singapore ease significantly in the past few
      662 words
    • Article, Illustration
      Lock icon STI / Catalist WEEKLY
      64 7 STI Catalist WEEKLY Straits Times Index Aug 19,2016 2,844.02 -23.38 (-0.82%) Current streak 1 day Week high 2,867.21 Week low 2,836.98 52-week high 3,068.46 (Oct 23, 2015) 52-week low 2,539.95 (Feb 12, 2016) FTSE ST Catalist Index Aug 19,2016 435.96 -5.25 (-1.19%) Current streak 3 days Week high 440.00 Week
      64 words
    • Article
      Lock icon GAINERS
      75 7 BY CENTS CLOSE UP 52w high/low DBXT iBoxxKR US$ ***** 1562.9 7.5 *****/***** DBXT iBoxxSvEu US$ ***** 439.8 1.2 *****/***** DBXT MSJAP US$ 5021 310.7 4.8 5042/4031 SPDR DJIA US$ ***** 168.1 0.7 *****/***** GLD US$ ***** 129.1 0.8 *****/***** BY PERCENTAGE CLOSE UP 52w high/low SinoCloud 0.2 100.0
      75 words
    • Article
      Lock icon LOSERS
      74 7 BY CENTS CLOSE DOWN 52w high/low Hyflux 6% CPS 9436 -634.0 -6.3 *****/9300 Lyxor Indonesia US$ 9140 -270.3 -2.2 9341/6250 Lyxor ThaiSET US$ ***** -96.8 -0.6 *****/9646 UOB 1756 -36.0 -2.0 2078/1680 DBXT MSKorea US$ 5812 -35.0 -0.4 5878/4478 BY PERCENTAGE CLOSE DOWN 52w high/low Nico Steel 0.5 -64.3
      74 words
    • Article
      Lock icon UNUSUAL ACTIVITY
      80 7 VOL CLOSE($) CHANGE CFM 20.0 0.030 +0.010 +50.00 Pan Asian 100.0 0.030 -0.006 -16.67 Brook Crompton 13.6 0.455 +0.115 +33.82 Infinio 5,292.0 0.002 -0.001 -33.33 NauticAWT 245.0 0.115 -0.009 -7.26 Mercurius 3,350.0 0.008 -0.002 -20.00 Hoe Leong 979.4 0.013 -0.002 -13.33 Pan Hong 392.8 0.230 +0.034 +17.35 MYP
      80 words
    • Article, Illustration
      Lock icon Investors may sit on sidelines before Yellen speech
      516 7  -  STOCKS By Anita Gabriel anitag@sph.com.sg @AnitaGabrielBT EVEN as old worries persist, renewed anxieties are starting to creep into investors’ psyche which could depress the local stock market’s showing in the ensuing weeks or months. Growth concerns over China and the world, Brexit
      516 words
    • Article
      Lock icon STI STOCKS
      309 7 Stock name Close Change Wk high/low 52w high 52w low PE Div yield Mcap Ascendas Reit 243 unch 248/241 257 209 6.3 6753.5 CapitaCom Trust 157 -0.5 159/153.5 159 122.5 5.5 4643.1 CapitaLand 309 -12 321/308 340 267 12.4 2.9 *****.4 CapitaMall Trust 217 +2 219/212 225 184.5
      309 words
    • Article
      Lock icon MOST ACTIVE
      33 7 VOLUME Noble 517,582,400 HSI*****MBeCW*****9 285,749,700 HSI*****MBePW*****9 223,542,000 Ezra 185,810,900 Golden Agri-Res 151,964,100 Market volume 6,036,506,000 VALUE DBS Grp 299,761,954 Singtel 273,131,834 UOB 202,484,544 CapitaLand 155,906,505 OCBC Bank 120,268,123 Market value 3,873,942,000
      33 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      76 7 Aug 19 VALUE CLOSE BT OB/OS -46.00 BT CADI -*****.00 +51.00 BT 10-day MA -*****.00 -5.00 FTSE ST Mid Cap 685.97 +2.50 FTSE ST Small Cap 384.42 +1.53 FTSE ST All Share 697.86 +2.32 FTSE ST China Top 157.63 +1.08 FTSE ST China 188.53 +1.50 FTSE ST
      76 words
    • Article
      Lock icon SGX ETFs
      108 7 Most Active Fund Last sale +/-(‘000) Wk high/low 52w high/low Buy/Sell Mcap STI ETF 289 unch 1837 292/288 314/254 288/289 IS MS INDIA US$ US731 -1 978 737/724 772/575 729/731 91.4 DBXT MSPHILS US$ US219.1 +1.7 341 222/217.9 222.5/158.5 218.2/219.1 17.5 ABF SG Bond ETF 118.1 +0.1 252
      108 words
    • Article
      Lock icon COMPANY MEETINGS
      93 7 COMPANY MEETING PLACE DATE TIME Nera Telecomm E Suntec Singapore Convention 22-Aug 3.00pm Exhibition Centre 1 Raffles Boulevard (Lvl 3) Meeting Room 324-325 Q&M Dental E ParkRoyal Hotel on Kitchener Road 1 26-Aug 5.00pm 81 Kitchener Road Emerald Ballroom 1 Ace Achieve Info A Gelangal Room Level 4
      93 words
    • Article, Illustration
      Lock icon STI / FTSE ST All-Share WEEKLY
      37 7 STI FTSE ST All-Share WEEKLY FTSE ST All-Share index Aug 19, 2016 697.86 -3.54 (-0.50%) Current streak 1 day Week high 701.65 Week low 695.54 52-week high 739.01 (Oct 23, 2015) 52-week low 629.34 (Feb 12, 2016)
      37 words
    • Article, Illustration
      Lock icon STI / MSCI EAFE WEEKLY
      34 7 STI MSCI EAFE WEEKLY MSCI EAFE Index Aug 19,2016 1,699.76 -10.97 (-0.64%) Current streak 1 day Week high 1,710.74 Week low 1,699.76 52-week high 1,777.37 (Oct 23, 2015) 52-week low 1,492.43 (Feb 12, 2016)
      34 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 7 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 5 9 3 0 1 0 5 10 3 Manufacturing 58 50 33 11 18 11 69 68 44 Commerce 26 30 11 8 7 7 34 37 18 Tpt/Stor/Comms 9 22 4
      186 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      125 7 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 62,616 342 62,958 171,146 57 171,203 Manufacturing 380,093 364,405 744,498 398,771 6,424 405,195 Commerce 644,684 223,668 868,352 367,734 2,989 370,723 Tpt/Stor/Comms 490,124 18,753 508,877 648,344 1,944 650,288 Finance 98,515 363 98,878 673,971 58 674,029 Construction
      125 words
    • Article
      Lock icon Gold whipsaws as Fed is split on support for rate rise
      749 7 COMMODITIES BLOOMBERG New York THE split among Federal Reserve officials on whether to boost US borrowing costs is whipsawing gold again. Futures gained on Thursday, a day after the July Fed minutes were released showing policymakers are divided on
      BLOOMBERG  -  749 words
    • Article
      Lock icon Pound seems to be starting to win some friends
      410 8 CURRENCIES BLOOMBERG London THE world’s worst-performing major currency of 2016 is starting to win some friends. Old Mutual Asset Managers Plc, which oversees £327 billion (S$576 billion), said it turned bullish on the pound after UK economic data signalled that the
      BLOOMBERG  -  410 words
    • FOREX RATES
    • EQUITY BONDS WARRANTS FUTURES
      • Article
        Lock icon SGX DERIVATIVES TRADING
        387 8 Aug 19 OPEN HIGH LOW SETT VOL OP/INT FTSE CHINA A50 INDEX FUTURES Aug16 9827.50 9907.50 9810.00 9857.50 *****4 *****7 Sep16 9835.00 9920.00 9820.00 9862.50 ***** ***** NIKKEI 225 INDEX FUTURES Sep16 *****.00 *****.00 *****.00 *****.00 ***** *****1 Dec16 *****.00 *****.00 *****.00 *****.00 377 6714 MSCI TAIWAN
        387 words
      • Article
        Lock icon BONDS, WARRANTS, PREFERENCE SHARES
        207 8 Most active Aug 19 Prem Expiry Wk Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left HSI ***** MB eCW*****9 10.9 unch *****9 0.0 1 HSI ***** MB ePW*****9 4.7 -1.7 *****2 0.0 1 DBS MB eCW*****1 10.7 0.1 ***** 0.1 1550
        207 words
      • Article
        Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
        377 8 In local curr In S$ In US$ dy yr dy yr dy yr Aug 19 Index Change Change Change Change Change Change World Preliminary 1306.1 -0.2 2.2 0.1 -1.2 -0.4 4.1 EAFE Preliminary 963.9 -0.2 -4.9 0.0 -6.0 -0.5 -1.0 Europe Preliminary 1386.5 -0.5 -1.8
        377 words
    • BANK RATES
      • Article
        Lock icon INTERBANK RATES
        154 8 Aug 19 $S Offer Bid 0vernight 0.02 0.01 1-month 0.625 0.375 2-months 0.8125 0.6875 3-months 0.875 0.75 Overnight mode: 0.03 US$ 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
        154 words
      • Article
        Lock icon GOVERNMENT SECURITIES
        63 8 Aug 19 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0T 0.500 01-Apr-18 99.44 5-Year NX*****X 2.250 01-Jun-21 104.42 104.55 104.45 10-Year NX*****F 2.125 01-Jun-26 103.36 103.55 103.48 15-Year NZ*****F 2.875 01-Sep-30 110.23 20-Year NZ*****X 2.250 01-Aug-36 102.18 102.45 102.20 30-Year NA*****H
        63 words
    • AGRI METALS ENERGY
      • Article
        Lock icon COMMODITY FUTURES
        250 8 Aug-19 Price Net change change Last Trade Agricultural Aug-19 CBOT Soybeans (US cents/bu) 1027.00 -5.25 -0.51% 14/09/2016 CBOT Soybean Oil (US cents/lb) 34.14 -0.05 -0.15% 14/09/2016 CBOT Wheat (US cents/bu) 427.00 unch 0.00% 14/09/2016 Aug-19 LIFFE Cocoa (£/tonne) 2492.00 -20.00 -0.80% 15/09/2016 LIFFE Coffee (US$/tonne) 1786.00 -3.00 -0.17%
        250 words
    • Article
      Lock icon Buying activity up sharply for second straight week
      1615 9  -  INSIDE MARKETS By Robert Halili T The writer is managing director, Asia Insider Limited BUYING rose for the second straight week with 28 companies that recorded 51 purchases worth S$2.31 million based on filings on the Singapore Exchange in the third week
      1,615 words
    • Article
      Lock icon DIVIDENDS ANNOUNCED
      1830 9 Payment Ex Rec Pay Ann (cts) date date date date Advancer Global aw 0.350 20-Sep 22-Sep 30-Sep 10-Aug Aims AMP Cap Ind Reit do 2.565 03-Aug 05-Aug 22-Sep 26-Jul Aims AMP Cap Ind Reit bi 0.096 03-Aug 05-Aug 22-Sep 26-Jul Aims AMP Cap Ind Reit (1 Apr-30Jun 2016)
      1,830 words
    • Article
      Lock icon BROKERS’ RECOMMENDATIONS
      1178 9 Consensus No. of Forecast Mean Fri’s recommendation esti-EPS PE target price Company name This wk Last mth mates (times) Accordia Golf Trt 1.00 1.00 1 0.06 10.48 0.89 0.68 AIMS AMP Cap Industrial Reit 1.00 1.00 4 0.11 13.47 1.57 1.43 ARA Asset Mgt 1.50 1.25 1 0.08
      1,178 words
    • Article
      Lock icon SGX MAINBOARD
      1981 11 52-Wk Last Vol Week Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/E $mil Company Last Sale Vol ('000) High Week 149 127 AIMSAMP Cap Reit 143 -2 1164 146 142.5 0.9 7.9 911.3 Div 153.5 101 ARA Asset Mgmt 137 unch 1908 139
      1,981 words
    • Article
      Lock icon SGX CATALIST
      424 11 52-Wk Last Vol Week Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/E Company Last Sale vol ('000) High 0.6 0.1 t Advanced Systems 0.2 unch 107 0.2 0.1 5.3 44.5 29.5 t Advancer Global 37.5cd +4 ***** 38.5 33 14.9 64.9 Div 16.2
      424 words
    • Article
      Lock icon SGX ETF
      189 11 52-Wk Last Vol Week Div GrYld Net MCap High Low Counter Sale +/-(’000) High Low C’vr P/E Counter Last 86.4 69.1 CIMB APAC Div US$ US83.5 +0.5 5 83.5 83.5 8.8 1210 991 CIMBASEAN40 S$D 1199 +23 2 1205 1199 889 700 CIMBASEAN40 US$ US889 +4 3 889
      189 words
  • Page 5 Advertisements
    • Advertisement
      Lock icon Page 5 Advertisements Column 1
      26 5 DB Platinum Crod Branchen Stars R1C-A 12/08/2016 235,34 EUR Choose from Prime Stock Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Tenders Auctions Notices
      26 words
    • Advertisement
      Lock icon Page 5 Advertisements Column 2
      436 5 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
      436 words
Page thumbnail Page 6
Page thumbnail Page 7
Page thumbnail Page 8
Page thumbnail Page 9
Page thumbnail Page 10
Page thumbnail Page 11
  • Page 11 Advertisements
    • Advertisement
      Lock icon Page 11 Advertisements Column 1
      71 11 ON THIS OPPORTUNITY Reach out to investors and affluent readers in this Investor Information Page. Advertise at less than $5,800 per full colour ad (a special package for 4 leading newspaper titles The Straits Times, The Business Times, Lianhe Zaobao and The New Paper Sunday). Contact our Sales Team now!
      71 words
Page thumbnail Page 12 / 13
Page thumbnail Page 14
  • REAL ESTATE
    • Article
      Lock icon Slowing China home price rises could dent growth
      604 14 But signs of easing in July offer some relief for policymakers worried about property bubbles REUTERS Beijing HOME price rises in China’s biggest cities showed signs of easing in July, adding to concerns that one of the economy’s key growth drivers is
      REUTERS  -  604 words
    • Article, Illustration
      Lock icon UK landlords scope out office bargains as Brexit vote bites
      609 14 REUTERS London BRITISH landlords were bracing for a drop in commercial property values due to an exodus of tenants after Britain voted to exit the European Union. While property prices fell in sympathy with the glum market sentiment, most occupants
      REUTERS; PHOTO: AFP  -  609 words
    • Article
      Lock icon A storied Chicago hotel with a modern spirit of play
      481 14 NYT Chicago BUILT by its elite members to convince visitors to the 1893 Chicago World’s Fair that this was not a hick town, the elegant Chicago Athletic Association languished in recent decades, notable for its Venetian Gothic facade on a
      NYT  -  481 words
  • Page 14 Advertisements
    • Advertisement
      Lock icon Page 14 Advertisements Column 1
      375 14 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF INTACT INTEGRATED SERVICES PTE. LTD. (IN MEMBER'S VOLUNTARY LIQUIDATION) (Company Registration No. *****2326N) NOTICE TO SUBMIT PARTICULARS OF DEBTS OR CLAIMS Notice is hereby given that the creditors of the abovenamed Company, whose debts or claims
      375 words
    • Advertisement
      Lock icon Page 14 Advertisements Column 2
      471 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
      471 words
    • Advertisement
      Lock icon Page 14 Advertisements Column 3
      285 14 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF BEVERAGE ALLIANCE PTE LTD (In Creditors' Voluntary Liquidation) Reg. No. *****3064K NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Cap. 50, the Final Meeting of the Company
      285 words
    • Advertisement
      Lock icon Page 14 Advertisements Column 4
      380 14 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF KINGSDALE INVESTMENTS PTE. LTD. (In Members' Voluntary Liquidation) Reg No. *****1800E ("the Company") NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the Company duly convened and held on 17 August 2016, the Resolutions set out
      380 words
    • Advertisement
      Lock icon Page 14 Advertisements Column 5
      393 14 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF GOLDEN IVORY INTERNATIONAL PTE. LTD. (In Members' Voluntary Liquidation) Reg No. *****7248D ("the Company") NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the Company duly convened and held on 17 August 2016, the Resolutions set
      393 words
    • Advertisement
      Lock icon Page 14 Advertisements Column 6
      179 14 In the Matter of The Companies Act, Chapter 50 And In the Matter of SAFE Mansfield Travel Group Pte Ltd Company No. *****1468H (In Members’ Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that the Final Meeting of the above-named Company will be held at 190 Middle Road
      179 words
Page thumbnail Page 15
  • BT-CITIBANK YOUNG INVESTORS’ FORUM
    • Article, Illustration
      Lock icon What a 20-year-old needs to know about personal finance
      1386 15  -  Protect your wealth and then generate it through employment and investments By Lim Ting Zhou, Jason zeng T Lim Ting Zhou is a student with Singapore Management university's School of Accountancy and Jason zeng Zhihui is a student with SMU's Lee
      BT Graphics  -  1,386 words
    • Article
      Lock icon Calling young investors
      182 15 THE Citi-SMU Financial Literacy Symposium aims to provide young investors with knowledge on how to start investing. Entrepreneurs, academics and practitioners will share their expertise. Date: Saturday, Sept 17, 2016 Cost: Free Symposium (11am 1pm) Venue: SMU School of Accountancy/Law, Ngee Ann Kongsi Auditorium (NAKA), 60 Stamford
      182 words
    • Article, Illustration
      Lock icon Be bold in pursuing your passion
      804 15  -  Simpliflying CEO Shashank Nigam says risk is only dangerous when you do not know what you are doing. STARTING YOUNG BY CHIN YONG CHANG ycchin@sph.com.sg ARMED with just seven employees, Shashank Nigam commands one of the largest airline branding consultancy firms in the world:
      804 words
  • Page 15 Advertisements
    • Advertisement
      Lock icon Page 15 Advertisements Column 1
      113 15 GET STARTED NOW Be a young investor DO you aspire to be a successful young investor? Are you keen on taking the first step towards achieving that? The BT-Citibank Young Investors’ Forum is no typical page extracted from a financial textbook. This forum will present step-by-step guides on how to
      113 words
Page thumbnail Page 16
  • VIEWS FROM THE TOP
    • Article, Illustration
      Lock icon GOING FOR GOLD
      2902 16 THIS WEEK’S TOPIC: What needs to change, or be done, for Singapore to produce more Olympic champions? Ana Dhoraisingam Chief Executive Officer, Singapore PineBridge Investments JOSEPH Schooling’s Olympic gold was the direct result of his talent, hard work and the decision by his parents to enrol him
      ST FILE PHOTO  -  2,902 words
    • Article, Illustration
      Lock icon Inspiring Entrepreneurship at Work
      890 17 Focusing on the PIVOT Success Factors: Passion, Integrity, Vision, Opportunistic,Trend Spotting ADVERTORIAL What drives success as an entrepreneur is as important as the business idea itself. For Teo Jin Lee, who founded ODE Consulting 20 years ago (formerly known as SMG Training Systems), and also recent
      890 words
Page thumbnail Page 17
Page thumbnail Page 18
  • BANKING & FINANCE
    • Article
      Lock icon US bank mergers heading for seven-year high
      686 18 in nine of the 10 biggest deals completed in 2016, banks selling themselves cite heightened regulatory burdens as a driver, SEC filings show BLOOMBERG New York HERE’S an irony: US regulators looking to avoid bailouts of too-big-to-fail banks have passed so many rules
      BLOOMBERG  -  686 words
    • Article, Illustration
      Lock icon Chinese investors flock to robo-advisers
      881 18 REUTERS Shanghai TIRED of spending hours at her Beijing bank discussing her finances and a myriad of investment options with her account manager, Lauren Ma turned to Lingji, a phone app that pre-selects a range of assets and trades for her automatically. Ms Ma recently
      REUTERS; PHOTO: REUTERS  -  881 words
    • Article
      Lock icon London’s Canary Wharf banks on new rail line to prevent exodus of lenders
      723 18 BLOOMBERG London WAY up in One Canada Square, in the Canary Wharf financial district, a map of post-Brexit London is flashing. The electronic model on the 30th floor traces the route of a new rail line that
      BLOOMBERG  -  723 words
  • Page 18 Advertisements
    • Advertisement
      Lock icon Page 18 Advertisements Column 1
      35 18 SIGN UP FOR OUR FREE NEWSLETTER AND YOU MAY BE ON YOUR WAY TO TOKYO! i www.straitstimes.com/newslett ‘Terms conditions apply an? contest is also open to existing subscribers THE STRAITS TIMES straitstimes.com m. 1 no®
      35 words
    • Advertisement
      Lock icon Page 18 Advertisements Column 2
      16 18 RENT X-Value™ of your home Y $2,600 ($2.34 psf) Down by $200 over last quarter SRX.com.sg/property-tracker
      16 words
    • Advertisement
      Lock icon Page 18 Advertisements Column 3
      14 18 SEPTEMBER OUTNOW! Thisissue, learnhowto trainlikeaUFC fighterwith theHDBMMA workout,plus we’vegottips onhowtolook dapperatthe FormulaOne nightrace! MENSHEALTH.COM.SG
      14 words
Page thumbnail Page 19
  • ENERGY & COMMODITIES
  • Page 19 Advertisements
    • Advertisement
      Lock icon Page 19 Advertisements Column 1
      17 19 MIL LIANHE ZAO B AO B£8&*#S£ Key messages you ought to know from PM's National Day Rally
      17 words
    • Advertisement
      Lock icon Page 19 Advertisements Column 2
      38 19 My mother was a wise woman but most untiger-like. She understood me. I was, and still am, a determined and intense person.” Lee Wei Ling NOW AVAILABLE IN CHINESE Now available at all major bookstores and www .stpressbooks.com.sg
      38 words
    • Advertisement
      Lock icon Page 19 Advertisements Column 3
      366 19 NOTICES TOLL FREE 1800-289-8822 I Email notices@sph.com.sg I www.sphclass.com.sg/notices THE BVI BUSINESS COMPANIES ACT, 2004 NOTICE OF LIQUIDATOR’S APPOINTMENT NOTICE is hereby given pursuant to Section 204, subsection (1)(b) of the BVI Business Companies Act, 2004 that ULTIMATE CHOICE INTERNATIONAL LIMITED is in voluntary liquidation. The voluntary liquidation commenced on
      366 words
    • Advertisement
      Lock icon Page 19 Advertisements Column 4
      262 19 IN THE HIGH COURT OF THE REPUBLIC OF SINGAPORE Companies Winding Up No. 93 of 2016 IN THE MATTER OF THE COMPANIES ACT CAP. 50 AND IN THE MATTER OF JASON PARQUET SPECIALIST (SINGAPORE) PTE LTD (In Liquidation) Reg. No. *****8470M NOTICE OF MEETING OF CONTRIBUTORIES Take notice that a
      262 words
Page thumbnail Page 20
  • TECHNOLOGY
    • Article, Illustration
      Lock icon Man who introduced millions to bitcoin says blockchain is a bust
      716 20 The ledger software is too rigid to gain wide adoption, according to Stefan Thomas BLOOMBERG New York STEFAN Thomas, who introduced millions of people to bitcoin, has had a change of heart. Blockchain, the ledger software that makes the
      BLOOMBERG  -  716 words
    • Article
      Lock icon Exchange operator CME ramps up recruiting in Illinois
      442 20 BLOOMBERG Chicago THE world’s largest exchange operator is going to college. To ramp up its recruiting efforts, CME Group Inc will on Sept 9 open an office at the University of Illinois at Urbana-Champaign’s Research Park, a technology epicentre that already hosts
      BLOOMBERG  -  442 words
  • Page 20 Advertisements
    • Advertisement
      Lock icon Page 20 Advertisements Column 1
      68 20 P l c Wa Owv li OuHj Magic Mug O ,ote' s O <D i oO 0 T 7 EXCLUSIVE DESIGNS BY ST'S AWARD-WINNING ARTISTS Srfl ASINGA A SINGAPORE PRESS HOLDINGS PORTAL PHOTOBANK t FotoHub From this moment c V If All images used are for illustrative purposes only. Individual
      68 words
Page thumbnail Page 21
  • CONSUMER
    • Article, Illustration
      Lock icon Businesses worldwide cashing in on Pokemon Go
      809 21 But the burning question is whether the game is here to stay or it’s a fad that will soon be forgotten AFP Paris POKEMON Go has sent millions of people onto the streets in a worldwide hunt for virtual monsters and from neighbourhood
      AFP; PHOTO: AFP  -  809 words
    • Article, Illustration
      Lock icon The Sydney Morning Herald faces uncertain print future in Australia
      1031 21 NYT Sydney THEY pushed for women to get the vote in Australia’s national elections. They brought down a central bank board member. And they helped convict a state official. The Sydney Morning Herald, The Age and their sister publications at
      NYT; PHOTO: AFP  -  1,031 words
  • Page 21 Advertisements
    • Advertisement
      Lock icon Page 21 Advertisements Column 1
      480 21 Change Management in Tough Times THINK BIG L E A D E R S H I P BUSINESS SERIES 2016 How Innovation Can Make a Difference Companies which think out of the box and ride on innovation during volatile times can emerge ahead of the competition. Hear from the experts
      480 words
Page thumbnail Page 22
  • GOVERNMENT & ECONOMY
    • Article, Illustration
      Lock icon India’s new central bank governor has big shoes to fill
      1229 22  -  He is articulate, analytical, persuasive, discreet and more than capable of rising to the challenge. BY VIKRAM KHANNA COMMENTARY BY VIKRAM KHANNA TWENTY five years ago, I had a colleague at the International Monetary Fund (IMF) in Washington, DC. His
      PHOTO: REUTERS  -  1,229 words
    • Article, Illustration
      Lock icon ‘Goldilocks scenario’ likely to propel stocks to another high
      939 22  -  WALL STREET INSIGHT By Rob Curran btworld@sph.com.sg US STOCKS should reach more record highs this week as the ideal environment for stocks that central banks arranged this summer looks set to continue into the autumn. This environment, often called the “Goldilocks
      PHOTO: BLOOMBERG  -  939 words
    • Article
      Lock icon Work until 69? Bundesbank’s call sparks German debate
      653 22 AFP Berlin THE German central bank’s call for people to work until age 69 has reignited a fierce debate in Europe’s fast-ageing top economy, with analysts backing it while politicians show their opposition ahead of key elections. Economy Minister and Vice-Chan-cellor Sigmar
      AFP  -  653 words
Page thumbnail Page 23
  • TRANSPORT
    • Article, Illustration
      Lock icon Japan’s aeronautics industry taking major step into the future
      799 23  -  The new Mitsubishi Regional Jet targets the potentially big market for short to medium-haul jets By Anthony Rowley btworld@sph.com.sg Tokyo BY the end of this month, a gleaming new Japanese jetliner is scheduled to fly to the US using a flight
      PHOTO: BLOOMBERG  -  799 words
    • Article
      Lock icon Uber’s settlement flop reignites potentially costly driver lawsuits
      636 23 BLOOMBERG San Francisco A SAN Francisco federal court’s rejection of a US$100 million settlement with drivers comes with plenty of silver linings for Uber Technologies Inc. The grey cloud for the ride-hailing company is that a dozen or so lawsuits that would
      BLOOMBERG  -  636 words
    • Article, Illustration
      Lock icon VW eyes transport tech deals to boost self-driving car plans
      545 23 REUTERS Frankfurt VOLKSWAGEN is planning further acquisitions in the market for new transportation technologies and services, a leading manager at the German carmaker says, as it seeks to make up ground after its emissions scandal. Europe’s largest carmaker which had
      REUTERS; PHOTO: REUTERS  -  545 words
  • Page 23 Advertisements
    • Advertisement
      Lock icon Page 23 Advertisements Column 1
      36 23 Learn Mandarin Without Stress! newstalk.zaobao.sg Try out this Chinese language e-learning tool today. Three different introductory plans* available. Subscribe NOW! $120 for 12 months $84 for 6 months $48 for 3 months Terms and conditions apply.
      36 words
Page thumbnail Page 24
  • Page 24 Advertisements
    • Advertisement
      Lock icon Page 24 Advertisements Column 1
      1899 24 THE BUSINESS TIMES M Shipping times C a i l a n B r i s b a n e E n n o r e J e d d a h Shanghai Chittagong ~Ho Chi Minh H o n g J e b e l A i K o
      1,899 words
    • Advertisement
      Lock icon Page 24 Advertisements Column 2
      244 24 ENG LEE SHIPPING CO PTE LTD Tel: *****222 (10 Lines) Fax: *****174/*****960 Website: www.englee.com.sg/Email: marketing@englee.com.sg CR No: **********0C REGULAR FEEDER SERVICES TO INDONESIAN (DE1) VESSEL VOY SIN ETA SIN ETD DESTINATION FREQUENCY Marco Polo 902 BST005 23/08/2016 24/08/2016 Buatan/Buatan DAILY Marco Polo 258 TTS034 23/08/2016 24/08/2016 Tebing Tinggi/Jambi DAILY Marco
      244 words
Page thumbnail Page 25
  • DINING OUT
    • Article, Illustration
      Lock icon A back door to warm hospitality and chic food
      1065 25  -  Le Binchotan exudes a relaxed vibe and its cooking has enough twists to hold interest. BY JAIME EE jaime@sph.com.sg @JaimeEeBT NEW RESTAURANT Le Binchotan 115 Amoy Street, #01-04 (entrance via Gemmill Lane) Tel: 6221 6065 Open for lunch and dinner Mon
      1,065 words
  • Page 25 Advertisements
    • Advertisement
      Lock icon Page 25 Advertisements Column 1
      646 25 A special feature brought to you by STJOBS LEARNING ASSERTIVENESSISASKILLYOUNEED BY MICHAEL LUM When you are confronted with a tricky situation in the workplace, there are generally three types of behaviour available to you to adopt passive, assertive or aggressive. A.J. Lange defines, “Assertiveness is standing up for your personal
      646 words
Page thumbnail Page 26
  • LIFE & CULTURE
  • Page 26 Miscellaneous
    • Miscellaneous
      Lock icon Page 26 Miscellaneous Column 1
      380 26 CRYPTIC CROSSWORD Across 1 Annoyed old boy returning to that place died (8) 5 Fight doctor wearing his white garment? (6) 9 Supporting English actors, making prediction (8) 10 Course of godly soul getting about in the morning (6) 12 Sound in street restricted by regulation (6) 13 Quiet men
      380 words