The Business Times, 23 August 2016
This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.
2016-08-23
1
28
https://www.nlb.gov.sg
https://eresources.nlb.gov.sg/newspapers/browse/biztimes
The Business Times
-
Title Section22 2016-08-23 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 Tuesday, August 23, 201622 words
-
Article26 2016-08-23 1 Monday Change STI 2,841.19 -2.83 KL COMP 1,691.07 +3.39 NIKKEI 225 16,598.19 +52.37 HANG SENG 22,997.91 +60.69 SHENZHEN B 1,160.38 -6.57 DOW(11.45am EDT) 18,499.43 -53.1426 words
-
Article, Illustration1680 2016-08-23 1 Chuang Peck Ming - State flag to fly at half-mast for four days; State Funeral to take place on Friday By Chuang Peck Ming peckming@sph.com.sg @PeckmingBT Singapore IT IS said that every boy in America wants to grow up to be the president. But in Singapore, it had neverFILE PHOTO - 1,680 words
-
Article131 2016-08-23 1 Heng Swee Keat returns to helm the Finance Ministry after a three-month absence, following his collapse from an aneurysm. TOP STORIES 2 Brazil pulls off South America’s first Games, as a blustery storm, a touch of melancholy and a sense of pride converge at the closing ceremony of131 words
-
894 2016-08-23 1 Kenneth Lim - Listings advisory panel unveiling rules over next few weeks; such cases expected to be allowed if there’re compelling reasons By Kenneth Lim kenlim@sph.com.sg @KennethLimBT Singapore THE Singapore Exchange’s Listings Advisory Committee (LAC) is set to lay out ground rules in the894 words
-
Page 1 Advertisements
-
Advertisement29 2016-08-23 1 *****1 *****1 THE BUSINESS TIMES B V LG A R I ROMA SERPENTI BOUTIQUES: TAKASHIMAYA DEPARTMENT STORE, THE SHOPPES AT MARINA BAY SANDS ALSO AVAILABLE AT AUTHORIZED WATCH RETAILERS29 words
-
Advertisement10 2016-08-23 1 EYEING THE PIE Tech startup sets sights on surveillance SME/2610 words
-
Advertisement24 2016-08-23 1 TAKING A BREAK PM Lee on medical leave till Aug 29 TOP STORIES/2 SPRING SINGAPORE Blazing a trail in health wearables SPECIAL REPORT 2724 words
-
-
TOP STORIES
-
Article, Illustration722 2016-08-23 2 Lee u-wen - NATIONAL DAY RALLY By Lee u-wen leeuwen@sph.com.sg @LeeUwenBT Singapore PRIME Minister Lee Hsien Loong is on medical leave for a week on the advice of his doctors, his office said in a statement on Monday afternoon. Mr Lee, who experienced a briefPHOTO: MINISTRY OF COMMUNICATIONS AND INFORMATION - 722 words
-
Article, Illustration744 2016-08-23 2 Lee U-Wen - It is still anyone’s guess who Singapore’s fourth prime minister will be, but the challenges ahead, the themes of PM Lee’s rally speech, have emerged in sharp relief COMMENTARY By Lee U-Wen leeuwen@sph.com.sg @LeeUwenBT OH no, not again. Those were744 words
-
Article, Illustration429 2016-08-23 2 Soon Weilun - Heng Swee Keat back at the helm; Lawrence Wong becomes Second Minister; Sim Ann moves to MTI By Soon Weilun soonwl@sph.com.sg @SoonWeilunBT Singapore HENG Swee Keat returned to helm Singapore’s Finance Ministry on Monday after a three-month absence. His return was announced by the429 words
-
Article, Illustration426 2016-08-23 2 Renald Yeo - By Renald Yeo yrenald@sph.com.sg Singapore BUSINESS industry bodies say they are encouraged by the government’s embrace of disruptive technologies outlined by Prime Minister Lee Hsien Loong in his National Day Rally speech on Sunday. They say that, at a time protectionist measures have426 words
-
Article, Illustration701 2016-08-23 4 Despite a storm, Rio de Janeiro throws huge Carnival-like party to mark the end of 2016 Olympics REUTERS Rio De Janeiro A BLUSTERY storm, a touch of melancholy and a sense of pride converged at the closing ceremony of the 2016 OlympicsREUTERS; PHOTOS: AFP. REUTERS - 701 words
-
583 2016-08-23 4 Andrea Soh - By Andrea Soh sandrea@sph.com.sg @AndreaSohBT Singapore THE board of the Baltic Exchange has unanimously recommended that its shareholders vote in favour of the proposed acquisition by Singapore Exchange (SGX). In a joint announcement on Monday evening, the 272-year-old maritime information583 words
-
598 2016-08-23 4 Nisha Ramchandani - By Nisha Ramchandani nishar@sph.com.sg @Nisha_BT Singapore THE proposed review of ElderShield is timely, given that the payouts under this severe-disability insurance scheme hasn’t kept pace with medical inflation, industry observers have said. They were reacting to the announcement by Prime Minister Lee Hsien598 words
-
667 2016-08-23 4 Vivien Shiao - By Vivien Shiao vshiao@sph.com.sg @VivienShiaoBT Singapore TO help the growing number of small and medium-sized enterprises (SMEs) save on banking costs, DBS on Monday launched a digital account with no minimum balance required. The move to digital-only accounts makes it more667 words
-
Article692 2016-08-23 6 Soon weilun - New S$40 million cargo terminal in Dammam is homegrown company’s biggest greenfield investment By Soon weilun soonwl@sph.com.sg @SoonWeilunBT Singapore SINGAPORE’S status as an aviation hub is helping a homegrown cargo handler expand its reach into a new market. Food solutions and gateway services provider SATS692 words
-
Article, Illustration405 2016-08-23 6 Soon weilun - By Soon weilun soonwl@sph.com.sg @SoonWeilunBT Singapore MINISTERS from 10 countries of Sub-Saharan Africa has arrived in Singapore for a three-day visit, as they hope to forge stronger maritime and aviation links, while getting a glimpse of Singapore’s experience inPHOTO: LIANHE ZAOBAO - 405 words
-
-
Page 3 Advertisements
-
Advertisement95 2016-08-23 3 IN YOUR BUSINESS, EVERY MOVE COUNTS Never underestimate the power of a strategic business location.Within steps from the new Downtown MRT line, Asia Square is home to some of the world’s most respected global players.Including one of the leading global banks, three of the top insurance companies,not to mention the95 words
-
-
Page 4 Advertisements
-
Advertisement11 2016-08-23 4 In the end, it’s all water under the bridge, Page 2811 words
-
-
Page 5 Advertisements
-
Advertisement107 2016-08-23 5 S h ow r o o m o pe n da il y f ro m 9 a m to 7 p m 2 53 Al e xan dra Roa d Tel 6 4 75 8 8 88 HEARTIEST CONGRATULATIONS FROM Our heartfelt congratulations to Komoco Holdings for its remarkable107 words
-
-
Page 6 Advertisements
-
Advertisement9 2016-08-23 6 NOTICES TOLL FREE 1800-289-8822 I Email notices@sph.com.sg I www.sphclass.com.sg/notices9 words
-
-
COMPANIES & MARKETS
-
Article, Illustration546 2016-08-23 7 Lynette Khoo - HOT STOCK By Lynette Khoo lynkhoo@sph.com.sg @LynetteKhooBT Singapore SHARES of CNMC Goldmine Holdings leapt in active trading on Monday in an otherwise listless market, likely buoyed by continued positive sentiment stemming from its second-quarter results. At closing, the share price was up 8.7percentor4.5centsto56.5 Singapore cents, after 20.71Source: Bloomberg - 546 words
-
Article, Illustration786 2016-08-23 7 Kalpana Rashiwala - Proposed full-year payout, which includes a special dividend, follows S$411m sale of half stake in Nouvel 18 By kalpana@sph.com.sg Kalpana Rashiwala kalpana@sph.com.sg @KalpanaBT Singapore DESPITE posting a big drop in fourth-quarter and full-year net profit, Wing Tai Holdings has proposed to double dividend786 words
-
1046 2016-08-23 8 LYNETTE KHOO - HOCK LOCK SIEW BY LYNETTE KHOO lynkhoo@sph.com.sg @LynetteKhooBT THE proposed delisting of Sim Lian Group by its founders may serve as yet another reminder of the meandering state of the Singapore bourse, which has seen or is seeing the exit of household1,046 words
-
483 2016-08-23 8 Lynette Khoo - By Lynette Khoo lynkhoo@sph.com.sg @LynetteKhooBT Singapore FIRST Sponsor Group has tied up with China Vanke in developing the group’s mixed-use project in Dongguan in Guangdong province, with the Chinese developer taking up a 55 per cent stake in the project Star483 words
-
CORPORATE DIGEST
-
Article71 2016-08-23 8 A WHOLLY-OWNED subsidiary of Yongnam Holdings is buying three parcels of industrial land in Johor for RM46.7 million (S$15.6 million) to move its factory operations there. The group said it has been experiencing higher fabrication labour costs at its Singapore factory over the years, and intends to move71 words
-
73 2016-08-23 8 LIPPO Malls Indonesia Retail Trust has obtained unsecured term loan facilities of up to S$350 million, with an option to expand this by a further S$70 million through a greenshoe option. The two separate loans of S$175 million each will be used for the acquisition73 words
-
Article124 2016-08-23 8 EU Yan Sang’s net loss for its fourth quarter ended June 30, 2016, has widened. In its financial results released on Monday, it posted a net loss of S$14.1 million, from a net loss of S$3.6 million a year ago. This was despite the traditional Chinese medicine124 words
-
Article107 2016-08-23 8 THE Maritime and Port Authority (MPA) of Singapore will help Singapore-listed maritime companies to pay for half of the costs of producing sustainability reports, the regulator announced on Monday. MPA will co-fund half of the qualifying costs for the reports, capped at S$50,000 per company. The107 words
-
-
333 2016-08-23 8 Andrea Soh - By Andrea Soh sandrea@sph.com.sg @AndreaSohBT Singapore PRECISION components and foam plastics producer Broadway Industrial Group is planning to sell its foam plastics and flow control device businesses for S$ 150 million. The group has on Monday entered into333 words
-
Article, Illustration1176 2016-08-23 9 CHIN YONG CHANG - Mirxes’ test is compatible with existing set-ups and test results are easily understood. BY CHIN YONG CHANG ycchin@sph.com.sg CURRENT cancer screening methods are invasive and costly. Think of the mammographies, endoscopies, or biopsies that are presently done to detect cancer. Local biotechnology start-up Mirxes1,176 words
-
Article, Illustration65 2016-08-23 10 STI Catalist Straits Times Index Aug 22, 2016 2,841.19 -2.83 (-0.10%) Current streak 1 day Day high 2,847.43 Day low 2,831.15 52-week high 3,083.07 (Oct 26, 2015) 52-week low 2,532.70 (Jan 21, 2016) FTSE ST Catalist index Aug 22, 2016 436.53 +0.57 (+0.13%) Current streak 1 day Day high 442.2365 words
-
Article, Illustration616 2016-08-23 10 Anita Gabriel - Fears of more fallout in the beleaguered O&G sector, uncertainty over US rate hike timing keep trading sentiments on low drive STOCKS By Anita Gabriel anitag@sph.com.sg @AnitaGabrielBT SHARE prices on the local bourse had little choice but to start the week onSource: Bloomberg - 616 words
-
Article308 2016-08-23 10 Stock name Close Change Day high/low 52w high 52w low PE Div yield Mcap Ascendas Reit 242 -1 245/242 257 209 6.3 6725.7 CapitaCom Trust 156 -1 156/154.5 159 122.5 5.5 4613.5 CapitaLand 308 -1 309/306 340 267 12.3 2.9 *****.7 CapitaMall Trust 214 -3 217/213 225 184.5308 words
-
Article35 2016-08-23 10 VOLUME LionGold 510,113,300 HSI*****MBeCW*****9 94,654,600 Noble 78,813,300 Anchor Resources 35,706,000 CNMC Goldmine 20,705,200 Market volume 1,710,696,000 VALUE DBS Grp 54,722,530 UOB 40,022,972 Singtel 38,866,451 OCBC Bank 25,359,390 Keppel Corp 25,032,466 Market value 689,518,00035 words
-
Article106 2016-08-23 10 Most Active Fund Last sale +/-(‘000) Day high/low 52w high/low Buy/Sell Mcap STI ETF 289 472 290/287 314/254 288/289 Nikko AM STI ETF 295 403 295/295 320/259 294/295 7.1 IS MS INDIA US$ US721 -10 201 730/721 772/575 723/727 90.1 DBXT MSINDO us$ US1453 -18 46 1469/1452 1534/911106 words
-
Article77 2016-08-23 10 Aug 22 VALUE CLOSE BT OB/OS -117.00 -71.00 BT CADI -*****.00 -52.00 BT 10-day MA -*****.00 -12.00 FTSE ST Mid Cap 682.94 -3.03 FTSE ST Small Cap 383.42 -1.00 FTSE ST All Share 696.80 -1.06 FTSE ST China Top 157.34 -0.29 FTSE ST China 188.31 -0.22 FTSE77 words
-
Article, Illustration35 2016-08-23 10 STI FTSE ST All-Share FTSE ST All-Share index Aug 22,2016 696.80 -1.06 (-0.15%) Current streak 1 day Day high 698.61 Day low 695.04 52-week high 743.17 (Oct 26, 2015) 52-week low 625.37 (Jan 21, 2016)35 words
-
Article, Illustration34 2016-08-23 10 STI MSCI EAFE MSCI EAFE index Aug 19, 2016 1,699.76 -8.14 (-0.48%) Current streak 1 day Day high 1,711.68 Day low 1,694.94 52-week high 1,779.25 (Oct 26, 2015) 52-week low 1,492.43 (Feb 12, 2016)34 words
-
Article186 2016-08-23 10 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 6 6 3 1 0 0 7 6 3 Manufacturing 41 36 28 8 5 10 49 41 38 Commerce 15 25 9 2 6 4 17 31 13 Tpt/Stor/Comms 6 11 12186 words
-
Article123 2016-08-23 10 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 13,448 50 13,498 47,685 8 47,693 Manufacturing 58,556 521,851 580,407 54,035 1,166 55,201 Commerce 114,449 27,239 141,688 83,706 366 84,072 Tpt/Stor/Comms 46,944 2,681 49,625 84,578 264 84,841 Finance 20,075 14 20,089 127,964 2 127,966 Construction123 words
-
Article74 2016-08-23 10 BY CENTS CLOSE UP 52w high/low Hyflux 6% CPS 9492 56.0 0.6 *****/9300 DBXT MSTHAI US$ 2062 12.2 0.4 2090/1419 DairyFarm USD 745 10.8 1.1 748/556 Thakral 31 10.0 47.6 35.5/15.1 Best World 178 9.5 5.6 179/18 BY PERCENTAGE CLOSE UP 52w high/low Blumont 0.2 100.0 0.1 0.6/0.1 New74 words
-
Article72 2016-08-23 10 BY CENTS CLOSE DOWN 52w high/low GLD US$ ***** -174.4 -1.0 *****/***** DBXT MSJAP US$ 4966 -74.3 -1.1 5021/4031 Jardine C&C 4341 -48.0 -1.1 4520/2636 Great Eastern 2081 -45.0 -2.1 2332/1870 JMH USD 6018 -43.3 -0.5 6103/4500 BY PERCENTAGE CLOSE DOWN 52w high/low CN9000MBePW*****0 0.3 -85.0 -1.7 13/0.3 Magnus72 words
-
Article84 2016-08-23 10 VOL CLOSE($) CHANGE Kitchen Culture 560.0 0.130 -0.100 -43.48 MSM Intl 14.1 0.090 +0.010 +12.50 Nico Steel 4,370.0 0.006 +0.001 +20.00 Pan Asian 200.0 0.027 -0.003 -10.00 China Yuanbang 14.0 0.400 -0.095 -19.19 China Gaoxian 68.8 0.060 +0.015 +33.33 New Silkroutes 3,169.9 0.540 +0.085 +18.68 Broadway Ind 2,065.084 words
-
BROKERS’ TAKE
-
Article173 2016-08-23 10 DBS Group Research, Aug 22 WE believe that the face of Singapore’s industrial real estate will continue to evolve alongside the continued restructuring of manufacturing activities. The government’s push towards retaining higher value jobs in Singapore while off-shoring low value-added operations will mean that in the173 words
-
Article99 2016-08-23 10 UOB Kay Hian, Aug 22 THE Q2 2016 results were below expectations, except for First Resources, as crude palm oil (CPO) production was lower than expected. All companies lowered their 2016 fresh fruit bunches production growth guidance after the low H1 2016 production. CPO prices recovered from99 words
-
Article180 2016-08-23 10 Claire Huang - Tat Hong Holdings Hold Compiled by Claire Huang Target price: S$0.54 Aug 22 close: S$0.525 OCBC Investment Research, Aug 22 FOLLOWING Tat Hong’s reported net loss position for Q1 FY2017, we recently saw two of Tat Hong’s peers, Tiong Woon Corporation and Sin Heng Heavy Machinery releasing profit guidance notices180 words
-
-
378 2016-08-23 11 CURRENCIES REUTERS London THE dollar rose on Monday, tracking short-dated US Treasury yields after comments from Federal Reserve vice-chairman Stanley Fischer revived bets on a US interest rate hike by the end of this year. The two-year Treasury yield rose to a post-BrexitREUTERS - 378 words
-
FOREX RATES
-
Article471 2016-08-23 11 Aug 22 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.983 5.069 0.675 5.902 51.122 100.593 0.767 8.559 3.070 1.050 79.770 35.461 1.029 10.359 0.734 24.205 26.391 0.582 0.761 Canada 1.017 5.157471 words
-
Article155 2016-08-23 11 Aug 22 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.0288 1.0294 0.7611 0.7613 Canadian dollar 1.0465 1.0473 0.7746 0.7742 Euro 1.5247 1.5257 1.1280 1.1284 NZ dollar 0.9792 0.9801 0.7244 0.7249 Sterling pound 1.7684 1.7698 1.3083 1.3089155 words
-
Article22 2016-08-23 11 Aug 22 S$ Bid Offer 1-month 1.3517 1.3522 2-months 1.3518 1.3523 3-months 1.3519 1.3524 6-months 1.3520 1.3527 Source: OCBC22 words
-
EQUITY BONDS WARRANTS FUTURES
-
Article393 2016-08-23 11 Aug 22 OPEN HIGH LOW SETT VOL OP/INT FTSE CHINA A50 INDEX FUTURES Aug16 9857.50 9900.00 9810.00 9842.50 *****4 *****1 Sep16 9867.50 9912.50 9822.50 9862.50 ***** ***** NIKKEI 225 INDEX FUTURES Sep16 *****.00 *****.00 *****.00 *****.00 ***** *****5 Dec16 *****.00 *****.00 *****.00 *****.00 812 6887 MSCI TAIWAN393 words
-
208 2016-08-23 11 Most active Aug 22 Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left HSI ***** MB eCW*****9 11.1 0.2 ***** 0.0 1 HSI ***** MB ePW*****9 4.1 -0.6 ***** 0.0 1 DBS MB eCW*****1 10.3 -0.4 3337 0.1 1550 6208 words
-
377 2016-08-23 11 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 -1.8377 words
-
-
BANK RATES
-
Article154 2016-08-23 11 Aug 22 $S Offer Bid 0vernight 0.03 0.01 1-month 0.625 0.375 2-months 0.8125 0.6875 3-months 0.875 0.75 Overnight mode: 0.12 US$ 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 12154 words
-
Article65 2016-08-23 11 Aug 22 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0T 0.500 01-Apr-18 99.45 99.47 99.42 5-Year NX*****X 2.250 01-Jun-21 104.21 104.33 104.30 10-Year NX*****F 2.125 01-Jun-26 102.86 103.20 102.87 15-Year NZ*****F 2.875 01-Sep-30 109.56 20-Year NZ*****X 2.250 01-Aug-36 101.37 101.55 101.4065 words
-
-
AGRI METALS ENERGY
-
Article250 2016-08-23 11 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
-
-
Article1800 2016-08-23 12 52-Wk Last Vol Day Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/Ep $mil Company Last Sale Vol ('000) High Day 149 127 AIMSAMP Cap Reit 141.5 -1.5 198 143 141.5 0.9 8 901.8 Div 144 101 ARA Asset Mgmt 137 unch 595 1391,800 words
-
Article314 2016-08-23 12 52-Wk Last Vol Day Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/E Last vol Day Div GrYld Net 44.5 29.5 t Advancer Global 38cd +0.5 3168 39 36.5 15.1 65.8 High LOW Company 19.9 8.3 t Anchor Resources 10.9 +0.4 ***** 11 10.4314 words
-
Article133 2016-08-23 12 52-Wk Last Vol Day Div GrYld Net MCap High Low Counter Sale +/-(’000) High Low C’vr P/E Counter Last Sale vol 3211 2355 DBXT China50 US$ US3145 -3 0 3145 3145 8.6 385 190 DBXT MSBrazil US$ US380 +3 42 380 377 1357 995 DBXT MSCHINA US$ US1322133 words
-
-
Page 7 Advertisements
-
Advertisement17 2016-08-23 7 Beef Up Your Finances Call 1800 289 8822 or e-mail notices@sph.com.sg to publicise your IPOs other offerings17 words
-
Advertisement436 2016-08-23 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 dental436 words
-
-
Page 8 Advertisements
-
Advertisement26 2016-08-23 8 NOTICES TOLL FREE 1800-289-8822 I Email notices@sph.com.sg I www.sphclass.com.sg/notices Beef Up Your Finances Call 1800 289 8822 or e-mail notices@sph.com.sg to publicise your IPOs other offerings26 words
-
-
Page 9 Advertisements
-
Advertisement138 2016-08-23 9 STAND OUT IN YOUR FIELD This company is one of the 16 finalists of the Emerging Enterprise Award 2016. Jointly presented by The Business Times and OCBC Bank, the Emerging Enterprise Award 2016 recognises promising enterprises and startups which are up to 10 years old and have an annual turnover138 words
-
Advertisement252 2016-08-23 9 Stone Forest IT It’s all about “CONTROL” inyour Automate online banking payment Speed up payment approvals Expedite purchase approvals Check out our add-on tools for Sage 300 (formerly known as Accpac) to increase work productivity www.StoneForestlT.com.sg lnfo(a)StoneForestlT.com.sg T +65 6594 7594 OPENS TOMORROW Concurrently held with: o THE SINGAPORE WSH252 words
-
-
Page 10 Advertisements
-
Advertisement9 2016-08-23 10 For full listings of SGX prices, go to http://btd.sg/BTmkts9 words
-
-
Page 12 Advertisements
-
Advertisement71 2016-08-23 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!71 words
-
-
SINGAPORE ACCOUNTANCY CONVENTION
-
Article, Illustration1387 2016-08-23 13 FRANCIS KAN - New rules aim to counter the artificial shifting of profits to low or no-tax locations to lower overall tax burden. BY FRANCIS KAN CHANGES to international tax rules aimed at foiling companies that exploit loopholes to pay less tax will impact the way businesses1,387 words
-
-
Page 13 Advertisements
-
Advertisement4 2016-08-23 13 SINGAPORE ACCOUNTANCY CONVENTION 20164 words
-
-
REAL ESTATE
-
475 2016-08-23 14 Vivien Shiao - Buyers have the option of getting the strata units on an individual basis or the two floors collectively By Vivien Shiao vshiao@sph.com.sg @VivienShiaoBT Singapore TWO strata office floors located at AXA Tower at 8 Shenton Way is up for sale475 words
-
337 2016-08-23 14 Choo Yun Ting - By Choo Yun Ting yuntingc@sph.com.sg Singapore GLOBAL real estate investment manager LaSalle Investment Management has launched LaSalle Asia Opportunity V, the fifth in its series of closed-end, pan-Asia opportunistic funds, it announced in a news release on Monday. The total fund size is expected337 words
-
Article, Illustration408 2016-08-23 14 Choo Yun Ting - By Choo Yun Ting yuntingc@sph.com.sg Singapore COMMERCIAL and industrial property insurers FM Global broke ground on a new S$80 million loss prevention training and operations facility in the Singapore Science Park on Monday. The ceremony marks the start of the construction408 words
-
655 2016-08-23 14 BLOOMBERG Shanghai CHINA Vanke Co, the developer at the centre of a battle for control, said it wants to communicate with the parties involved and hopes to reach an agreement over its shareholding soon. At a briefing in the southernBLOOMBERG - 655 words
-
-
Page 14 Advertisements
-
Advertisement417 2016-08-23 14 A For a copy of the Tender Documents, kindly procure from: 18 Ah Hood Road Level 8, ZhongShan Park Singapore *****7 Tender Closing Date: Mon, 29 th August 2016 3pm By Tender Assignment Of ADDRESS OF PROPERTY: Blk 530 Lorong 6 Toa Payoh #01-06 HDB Hub Singapore *****0. SHOP SPACE:417 words
-
-
Page 15 Advertisements
-
Advertisement1002 2016-08-23 15 NOTICES TOLL FREE 1800 289 8822 I E ma il no ti ces s p h com s g I www s p h c l ass com s g no ti ces Financial Results for the fiscal year ended March 31, 2016 Consolidated Balance Sheets Capital Adequacy Ratio Major1,002 words
-
Advertisement2148 2016-08-23 15 ICICI Bank (Incorporated in India) Registered Office: Landmark, Race Course Circle, Vadodara 390 007 Corporate Office: ICICI Bank Towers, Bandra-Kurla Complex, Mumbai 400 051 Balance Sheet at March 31, 2016 in '000s Profit and Loss Account for the year ended March 31, 2016 t in 'QQOs Note: The above results2,148 words
-
-
BANKING & FINANCE
-
Article, Illustration866 2016-08-23 16 High swap costs leave them with few satisfactory alternatives for US dollar funding IFR Hong Kong JAPANESE megabanks are emerging as the biggest victims of a worsening squeeze in the US$1 trillion commercial paper market, as high swap costs leave them with few satisfactoryIFR; PHOTO: REUTERS - 866 words
-
Article, Illustration549 2016-08-23 16 BLOOMBERG Tokyo NOMURA Holdings Inc plans to hire bankers in the US, resuming a push to boost its investment banking business in a market that remains a priority for Japan’s biggest brokerage following a round of cost cuts. The Tokyo-basedBLOOMBERG; PHOTO: BLOOMBERG - 549 words
-
790 2016-08-23 16 IFR Sydney A WORSENING dislocation in the US money markets is helping to drive a run of jumbo dollar bond sales from Australia’s major banks, as the likes of Westpac Banking Corp take advantage of attractive hedging costs toIFR - 790 words
-
-
Page 16 Advertisements
-
Advertisement283 2016-08-23 16 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 for further capital growth. The Optimism Strategies are applicable for all283 words
-
Advertisement126 2016-08-23 16 INT’L CONFERENCE (14 Oct, 9.00am 5.30pm) O Allan Menagh Kumon Singapore Joey Garcia Minor Food Group Tom Luczynski Orkins International Development Franchising FRANCHISING LICENSING ASIA 2016 International Conference Workshop ENTER I EXPAND I EXPLORE HALF-DAY WORKSHOP (15 Oct, 9.00am- 12.30pm) Frederick Liau BetaMovement Come as a group of 2 4126 words
-
Advertisement13 2016-08-23 16 Learn Mandarin Without Stress! newstalk.zaobao.sg Try out this Chinese language e-learning tool today.13 words
-
-
ENERGY & COMMODITIES
-
700 2016-08-23 17 Money managers cut bets on falling prices by the most ever; WTI goes from a bear to a bull market in three weeks BLOOMBERG New York THE Organization of the Petroleum Exporting Countries (Opec) has done it again. Talk ofBLOOMBERG - 700 words
-
Article, Illustration759 2016-08-23 17 BLOOMBERG Chicago INVESTORS betting on a record US corn crop are about to get a closer look at yields and they may not like what they see. Hot weather across the US corn belt in June and JulyBLOOMBERG; PHOTO: BLOOMBERG - 759 words
-
398 2016-08-23 17 BLOOMBERG Melbourne FORTESCUE Metals Group Ltd, the world’s fourth biggest iron ore exporter, reported that full-year profit rose more than threefold to beat analysts’ estimates as costs fell and margins increased. Net income was US$984 million in the year ended June 30, comparedBLOOMBERG - 398 words
-
356 2016-08-23 17 BLOOMBERG Tokyo CHINA’S electricity overcapacity will continue for another five years amid a decline in the rate at which demand is growing and a strong pipeline of projects, according to IHS Market Inc. China started showing signs of “badBLOOMBERG - 356 words
-
-
Page 17 Advertisements
-
Advertisement15 2016-08-23 17 Brand Your Assets Call 1800 289 8822 or e-mail notices@sph.com.sg to publicise your Financial Statements15 words
-
Advertisement64 2016-08-23 17 Orient Express Lines (Singapore) Pte Ltd NOTICE TO TRADE TRADE SURCHARGE Singapore/Port Klang to Kolkata/Haldia and vice versa With the increase in operating costs, we wish to inform the trade that we will implement a Trade Surcharge of USD100.00 per TEU for all SOC shipments (Laden) and USD 50.00 per64 words
-
Advertisement1140 2016-08-23 17 NOTICES OTTO MARINE LIMITED (Company Registration No. *****2647M) (Incorporated in Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of Otto Marine Limited (the “Company”) will be held on 14 September 2016 at 10.00 a.m., at Room 300-301 Suntec Singapore International Convention Exhibition Centre,1,140 words
-
-
TECHNOLOGY
-
451 2016-08-23 18 NYT New York THE list most sex offenders must sign in order to be granted parole in New York state includes many stipulations, all written in the first person; there are promises to register with local police, toNYT - 451 words
-
854 2016-08-23 18 IT accounts for 4.6m US jobs and most of them are going to men Proportion of female workers in IT down at 25% from 31% in 1990: Census Bureau WP Washington THE percentage of women working in the information technology field has always been relatively low, but it didn’t useWP - 854 words
-
Article, Illustration576 2016-08-23 18 NYT New York CHANCES are, you plug in your phone before you go to bed at night, thinking it’s best to greet the morning with a fully charged device. Is this a good idea? That depends. Here’s the thing. Many people don’t expect toNYT; FILE PHOTO - 576 words
-
Article, Illustration1119 2016-08-23 18 BLOOMBERG Paris JEFF BEZOS’S relentless focus on user experience has helped him make Amazon the most valuable e-com-merce company in the world. But regulators in Europe and the US say that the value Amazon places on the technology behind that experienceBLOOMBERG; PHOTO: REUTERS - 1,119 words
-
-
Page 18 Advertisements
-
Advertisement85 2016-08-23 18 At Oxley Road, swinging from the rail of an opentop van. There were many such vans parked in front of our house to bring Pa to meet the people in various parts of Singapore. With two brothers, the need to keep up with the boys was intense. I was probably85 words
-
-
CONSUMER
-
560 2016-08-23 19 BLOOMBERG Johannesburg COCA-COLA Beverages Africa (CCBA), the bottling joint venture between the US soft-drink maker and brewer SABMiller plc, may close South African plants and see profit in the country more than halve if the government pushes ahead with aBLOOMBERG - 560 words
-
619 2016-08-23 19 It gains cancer drug xtandi with acquisition; analysts project it to generate US$1.33b in annual sales by 2020 BLOOMBERG New York PFIZER Inc has agreed to buy Medivation Inc for about US$14 billion, gaining a blockbuster prostate cancer treatment and leaving FrenchBLOOMBERG - 619 words
-
322 2016-08-23 19 Chin Yong Chang - Partnership allows credit card users to use points to pay for rides By ycchin@sph.com.sg Chin Yong Chang ycchin@sph.com.sg Singapore CITIGROUP said it is working on a partnership with Grab that would allow credit card holders to use points to pay for rides. The322 words
-
645 2016-08-23 19 REUTERS Seoul SAMSUNG Electronics Co Ltd plans to launch a programme to sell refurbished used versions of its premium smartphones as early as next year, a person with direct knowledge of the matter told Reuters. The South Korean technology firm is looking for waysREUTERS - 645 words
-
-
Page 19 Advertisements
-
Advertisement17 2016-08-23 19 Beef Up Your Finances Call 1800 289 8822 or e-mail notices@sph.com.sg to publicise your IPOs other offerings17 words
-
Advertisement56 2016-08-23 19 NOTICE TO TRADE TRADE SURCHARGE Singapore to Kolkata/Haldia and vice versa Please be informed that with effect from 1 September 2016, we will be implementing a Trade Surcharge for all our SOC shipments from Singapore to Kolkata/Haldia and vice versa at USD105.00 TEU (Laden) and USD 52.50 per TEU (Empty).56 words
-
Advertisement1340 2016-08-23 19 NOTICES GLOBAL RIVER INVESTMENT LIMITED Business Company Number: *****39 IN VOLUNTARY LIQUIDATION Notice is hereby given that in accordance with the British Virgin Islands Business Companies Act, 2004 (as amended), the voluntary liquidation of Global River Investment Limited commenced on 15 August 2016 and that Lia Shiow Jiuan Nicole of1,340 words
-
-
GOVERNMENT & ECONOMY
-
Article, Illustration939 2016-08-23 20 The underemployment rate has jumped to more than 5% from near zero in 2010: professor BLOOMBERG Beijing CRACKS are starting to show in China’s labour market as struggling industrial firms leave millions of workers in flux. While official jobless numbers haven’tBLOOMBERG; PHOTO: BLOOMBERG - 939 words
-
816 2016-08-23 20 to have a tax BLOOMBERG Jakarta SUCIPTO Hidayat’s poultry house started with just five chickens. Thirteen years later, the Indonesian farmer has more than 14,000 egg-laying hens, yet has had to put plans to double his farm’s production on hold.to have a tax BLOOMBERG - 816 words
-
454 2016-08-23 20 needed to revive the economy. REUTERS Taipei TAIWAN’S export orders in July contracted for the 16th straight month as global demand for technology products stayed weak, but Chinese orders grew in a sign of recovering factory activity. Theneeded to revive the economy. REUTERS - 454 words
-
Article, Illustration1390 2016-08-23 21 But while the latter is deemed to be ”broken in theory”, it appears to be still working in practice BLOOMBERG Hong Kong GROSS domestic product is so 20th century. The measure has risen from humble beginnings during the Great Depression toBLOOMBERG; PHOTO: AFP - 1,390 words
-
Article, Illustration413 2016-08-23 21 REUTERS Manila PHILIPPINE President Rodrigo Duterte’s administration will stick to deficit spending until he steps down in 2022 to ensure sustainable economic growth beyond his six-year term, his budget minister told lawmakers on Monday. The seven-week-old government has vowed to fix theREUTERS; PHOTO: AFP - 413 words
-
Article, Illustration512 2016-08-23 21 REUTERS Tokyo FOREIGN ministers from Japan, China and South Korea will meet in Tokyo for two days this week to discuss cooperation, the countries said on Monday, after tension among them raised doubt about prospects for talks. Relations between theREUTERS - 512 words
-
419 2016-08-23 21 BLOOMBERG Bangkok THAILAND’S central bank is concerned that further appreciation of the baht will hurt exporters and damage the nation’s economic recovery. The currency advanced to the strongest level in 13 months last week as overseas investors boosted their holdings ofBLOOMBERG - 419 words
-
-
Page 20 Advertisements
-
Advertisement45 2016-08-23 20 HOT PROPERTY $1.38M PRIME "A-GRADE"! Far East Plaza. Face Escalator. Rent $4.3k. Below last tran-sacted BUKIT BATOK STREET 11 $2.3M 2-Sty HDB shophse living quarter 1615 sf! Good rental! SHOP SPACES FOR SALE Check out these properties and more in The Straits Times Classified now!45 words
-
Advertisement12 2016-08-23 20 a y www.omy.sg Competition I I I •i ***** iws i*i un12 words
-
Advertisement21 2016-08-23 20 LISTEN OUT FOR FINANCIAL RESULTS ANNOUNCEMENT Find out more about a company’s financial performance through The Straits Times Notices. 14/myj jun21 words
-
-
Page 21 Advertisements
-
Advertisement64 2016-08-23 21 NOTICE TO TRADE TRADE SURCHARGE SINGAPORE/PORT KLANG TO KOLKATA AND VICE VERSA In order to recover the increase in operating costs in this trade, we will be implementing a Trade Surcharge of USD 95.00 per TEU on all SOC shipments (Laden) and USD 47.50 per TEU (Empty) from Singapore/Port Klang64 words
-
-
TRANSPORT
-
Article, Illustration363 2016-08-23 22 Major commuter train services in Tokyo and surrounding region operating normally, including bullet trains AFP Tokyo A STRONG typhoon stuck near Tokyo on Monday, with heavy rain and winds grounding more than 400 flights as officials warned of landslides and flooding. TyphoonAFP - 363 words
-
855 2016-08-23 22 NYT New York SCRAMBLING through a crowd of frazzled commuters at a Lower Manhattan train station on a recent Saturday, Romany Saad navigated his limited options for getting to work, hoping he would not be lateNYT - 855 words
-
399 2016-08-23 22 REUTERS Toronto A CANADIAN Pacific Railway Ltd train derailment in Toronto caused a diesel leak near a residential area on Sunday, authorities said. While a regulation body said that there were no injuries, Transport Minister Marc Garneau told reporters that about 1,200 litresREUTERS - 399 words
-
Article, Illustration520 2016-08-23 22 BLOOMBERG London PRIME Minister Theresa May’s decision to delay a new nuclear plant backed by China makes it more likely that expansion at London Heathrow Airport, which also has Chinese investors, will win UK government backing, chief executive officer John Hol-land-KayeBLOOMBERG - 520 words
-
Article, Illustration389 2016-08-23 22 AFP Berlin EMBATTLED automaker Volkswagen was set to hold talks on Monday with two component suppliers, in a bid to end a stand-off over car parts deliveries that has severely disrupted production at the German giant. ES Automobilguss, which supplies castAFP; PHOTO:REUTERS - 389 words
-
-
Page 22 Advertisements
-
Advertisement64 2016-08-23 22 NOTICE TO TRADE TRADE SURCHARGE Singapore/Port Klang/Colombo to Kolkata and vice versa In order to recover the increase in operating costs, we will be implementing a Trade Surcharge of USD 110.00 per TEU on all SOC shipments (Laden) and USD 55.00 per TEU (Empty) from Singapore/Port Klang /Colombo to Kolkata64 words
-
-
Page 23 Advertisements
-
Advertisement960 2016-08-23 23 THE BUSINESS TIMES SHIPPING TIMES FOONG SUN SHIPPING (PTE) LTD INDONESIA SUMATRA PORTS VESSEL VOY ETA ETD DESTINATION PRIMA SAMUDRA 10/16 29/08 31/08 BELITUNG/PKL BALAM SRIJAYA 8 22/16 IN PORT 25/08 JAMBI/PEKAN BARU FLORA 8 12/16 IN PORT 25/08 PALEMBANG/PANJANG BERJAYA II 10/16 IN PORT 25/08 BELAWAN/MALAHAYATI INDONESIA JAVA SULAWESI960 words
-
-
OPINION
-
606 2016-08-23 24 EDITORIAL The Russian decision to deploy bombers and fighter aircraft from its base in Iran to strike at Syrian rebels has added another knot to the tangled conflicts that afflict the region. Moscow revealed last week that Russian606 words
-
Article, Illustration814 2016-08-23 24 Robert Samuelson - THE BOTTOM LINE By Robert Samuelson THE WASHINGTON POST WRITERS GROUP Washington AN ageing America reduces the economy’s growth big time. This is the startling conclusion of a new academic study, and if it withstands scholarly scrutiny, it could change our national politicalTHE WASHINGTON POST WRITERS GROUP - 814 words
-
Article, Illustration1628 2016-08-23 24 Leon Hadar - He has the support of angry white fans who see him as their saviour By Leon Hadar Washington I WAS preparing to receive my PhD from an American university a few years ago, when I received a phone call fromPHOTO: AFP - 1,628 words
-
906 2016-08-23 25 Yos Pang - COMMENTARY By Yos Pang T The writer is a commercial lawyer at Holborn Law LLC in association with Olswang Asia CELEBRITY endorsements are a multi-mil-lion dollar business and especially prominent in the world of sports. Companies such as Nike, Under Armour,906 words
-
596 2016-08-23 25 Edward Lister - By Edward Lister T The writer is chairman of the UK Homes and Communities Agency. He was previously deputy mayor of London with responsibility for real estate planning under then mayor of London Boris Johnson OVER the years as leader596 words
-
Article199 2016-08-23 25 Kelly wee - LETTER TO THE EDITOR Kelly wee Director (corporate communications) inland Revenue Authority of Singapore WE refer to the letter “Resolve cash-flow conundrum faced by GST-registered exporting SMEs” by Mr Manmohan Singh (BT, Aug 16). We would like to assure businesses and members of the199 words
-
Article, Illustration1102 2016-08-23 25 ANDREW HAMMOND - But for now, the Pentagon is playing down the recent build-up of Russian troops on the border. border.BY ANDREW HAMMOND T The writer is an associate at LSE IDEAS (the Centre for international Affairs, Diplomacy and Strategy) at the London School of EconomicsPHOTO: REUTERS - 1,102 words
-
-
SME
-
Article, Illustration1351 2016-08-23 26 CHIN YONG CHANG - Vi Dimensions uses machine learning software to manage existing surveillance systems. BY CHIN YONG CHANG ycchin@sph.com.sg SINGAPORE is heavily populated with security cameras reports say the police have installed 65,000 cameras since 2012, and they will add another 11,000 over the next four years.PHOTO: ARTHUR LEE - 1,351 words
-
-
Page 26 Advertisements
-
Advertisement129 2016-08-23 26 OoCBC Bank 4" www.ocbc.com/business-bank Q OCBC bilmi Banking Biqqer value, better head start with OCBC Business First Account G«t your business gong with a low initial doposit and froo monthly transactions worth up to $380*. 'Terms and Conditions apply Find out more CLICK START YOUR BUSINESS SUCCESS Enjoy greater convenience.129 words
-
-
THINK GLOBAL THINK STANDARDS
-
Article, Illustration1118 2016-08-23 27 MINDY TAN - Cadi Scientific has developed a range of wireless sensing, tracking, and matching devices and is leveraging standards to improve integration efficiency with hospital requirements. BY MINDY TAN BY MINDY TAN Chances are, you have a wearable that tracks your steps or perhaps even your1,118 words
-
Article, Illustration907 2016-08-23 27 Mindy Tan - By Mindy Tan “OUR vision is simple,” says AWAK Technologies executive director Neo Kok Beng. “We want to create a new paradigm in dialysis to enable freedom, so that patients can go where they want, so that patients don’t have to907 words
-
-
Page 27 Advertisements
-
Advertisement9 2016-08-23 27 These features are brought to you by Spring Singapore9 words
-
-
LIFE & CULTURE
-
Article, Illustration1461 2016-08-23 28 Concerns about the Olympic Games in Rio ranging from polluted water to the Zika virus have come to nought NYT Rio de Janeiro NOW that the Rio Olympics are finally ending, you can imagine how the organisers of these Games mightNYT; PHOTO: AFP; PHOTOS: AFP, REUTERS - 1,461 words
-
Article, Illustration953 2016-08-23 28 New book examines creative tensions in their friendships and the effect on their art NYT New York A FAMOUS portrait of Francis Bacon brazenly stolen off a museum wall. Manet stabbing through an image of his wife painted forNYT; PHOTO: NYT - 953 words
-
-
Page 28 Miscellaneous
-
Miscellaneous327 2016-08-23 28 CRYPTIC CROSSWORD Across 1 Song about Ross Poldark initially being a surly fellow (10) 6 Prevent trophies being sent back (4) 9 Tablet with primrose that’s got rid of cold you’ll sleep on it (10) 10 Yield of grain reported (4) 12 Vegetable that’s acceptable uncooked mostly (4) 13 See327 words
-