The Business Times, 30 August 2016
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2016-08-30
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The Business Times
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Title Section22 2016-08-30 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 30, 201622 words
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Article172 2016-08-30 1 Visitor arrivals in Singapore in the first half of 2016 expand at a double-digit pace of 12.5 per cent, although growth in June slows. TOP STORIES 2 Various online sites drop tycoon Peter Lim’s name in an effort to hoodwink members of the public to sign up for172 words
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Article, Illustration805 2016-08-30 1 Kenneth Lim - However, some safeguards will have to be in place, says the Listings Advisory Committee By Kenneth Lim kenlim@sph.com.sg @KennethLimBT Singapore THE Listings Advisory Committee (LAC) of the Singapore Exchange (SGX) has given the go-ahead for the market operator to permit dual-class shareFILE PHOTO - 805 words
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Article28 2016-08-30 1 Monday Change STI 2,829.43 -28.22 KL COMP 1,681.60 -1.49 NIKKEI 225 16,737.49 +376.78 HANG SENG 22,821.34 -88.20 SHENZHEN B 1,162.87 +1.37 DOW (11.45 AM EDT) 18,517.75 +122.3528 words
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Article, Illustration1096 2016-08-30 1 Kenneth Lim - Reacting to Monday’s selldown in the market, analysts point out that domestic and regional issues hold larger sway over investment decisions By Kenneth Lim kenlim@sph.com.sg @KennethLimBT Singapore EXPECTATIONS of rising US interest rates could have aSource: ShareInvestor.com - 1,096 words
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Advertisement24 2016-08-30 1 *****1 *****1 THE BUSINESS TIMES STARTUP PROFITABLE FROM DAY ONE FLARE DYNAMICS OFFERS CUSTOM-BUILT DRONES FOR LAW ENFORCEMENT AND DEFENCE COMPANIES MARKETS PAGE 1024 words
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Advertisement13 2016-08-30 1 FORGING CLOSER TIES Singapore, Vietnam govts business leaders open doors TOP STORIES 213 words
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Advertisement26 2016-08-30 1 ENTERPRISE 50 Acoustic solution provider SIAC adapts to market conditions sme/ 28 S’PORE RESIDENTIAL PRICE INDEX Small, completed condos worst price performer y-o-y real estate /1226 words
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TOP STORIES
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Article, Illustration687 2016-08-30 2 Soon Weilun - Vietnam’s President Quang looks to allow more flights from Changi into its cities, while Singapore Minister iswaran highlights new sectors for firms to explore SINGAPORE-VIETNAM TIES By Soon Weilun soonwl@sph.com.sg @SoonWeilunBT Singapore THERE were plenty of overtures from government officials and businessmenPHOTO: LIANHE ZAOBAO - 687 words
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495 2016-08-30 2 Soon Weilun - By Soon Weilun soonwl@sph.com.sg @SoonWeilunBT Singapore SINGAPORE’S sovereign wealth fund GIC is looking to place its first significant direct investment in a commercial bank in Vietnam with a proposed 7.73 per cent stake in Vietcombank. This comes as GIC looks to emerging markets495 words
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863 2016-08-30 2 Nisha Ramchandani - STB data shows overall arrivals up 12.5% in first six months but growth appears to be slowing in June By Nisha Ramchandani nishar@sph.com.sg @Nisha_BT Singapore ARRIVALS to Singapore expanded at a double-digit pace of 12.5 per cent year863 words
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Article, Illustration533 2016-08-30 2 Andrea Soh - NERVOUS MARKETS By Andrea Soh sandrea@sph.com.sg @AndreaSohBT Singapore THE price of gold continued its decline over the past week on Monday, but with continued uncertainty surrounding major economies in the world, analysts believe the yellow metal willPHOTO: REUTERS - 533 words
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Article, Illustration550 2016-08-30 2 Siow Li Sen - By Siow Li Sen lisen@sph.com.sg @SiowLiSenBT Singapore THE Singdollar (S$) fell to S$1.361 on Monday at 2.29 pm, almost 2 per cent lower from the month high of S$1.338 on Aug 16. The fall followsSource: Bloomberg - 550 words
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Article, Illustration462 2016-08-30 4 Anita Gabriel - He says he has nothing to do with online advertisements that drop his name to encourage sign-ups for programmes B y Anita Gabriel anitag@sph.com.sg @AnitaGabrielBT Singapore VARIOUS online sites have been dropping Singapore tycoon Peter Lim’s name in an effort to hoodwinkFILE PHOTO - 462 words
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Article, Illustration194 2016-08-30 4 ONG Ye Kung, Acting Minister for Education (Higher Education and Skills) and Senior Minister of State, Ministry of Defence, has been appointed to the board of directors at the Monetary Authority of Singapore (MAS), the central bank said on Monday. Mr Ong’s term of appointment will194 words
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526 2016-08-30 4 Vivien Shiao - By Vivien Shiao vshiao@sph.com.sg @VivienShiaoBT Singapore MORE options have emerged to make the transition from manual processes to digital ones easier for small and me-dium-sized enterprises (SMEs). One solution rolled out in Singapore on Monday was ABSS Click to Pay, an e-invoicing and526 words
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Article, Illustration1001 2016-08-30 5 But any move towards a rise not expected to cause as much uncertainty as last year’s increase BLOOMBERG REUTERS AFP Kuala Lumpur ASIAN stocks outside Japan fell after Federal Reserve chair Janet Yellen said the case for raising interestBLOOMBERG; REUTERS; AFP; PHOTO: AFP - 1,001 words
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274 2016-08-30 5 Samuel Ee - By Samuel Ee samuelee@sph.com.sg Singapore EVEN your car will be going paperless soon. The Land Transport Authority (LTA) has announced that road tax discs will be phased out from Feb 15 next year, which means these paper discs will soon disappear274 words
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Advertisement244 2016-08-30 3 c <0- -y T 4 V s >»'i W&. y T ’I Ijiy. IWv S* ;*r"«r -X i;V 1 ''It via iTir? <r Mf «4 >■ Ttliaars .««k> A <v^ A >*\ > ,-.'A /jiSW 2*f r ykf\ a >v>-... r >s >>-t; INEO GARDEN CATERING No.c Events Caterer In244 words
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Advertisement167 2016-08-30 4 Region’s Leading Exhibitions for the Medical, Healthcare and MedTech Sectors MEDICAL FAIR ASIA MEDICAL MANUFACTURING ASIA 11th International Exhibition on Hospital, Diagnostic, Pharmaceutical, Medical Rehabilitation Equipment Supplies 3rd Manufacturing Processes for Medical Technology Exhibition and Conference 31 AUG 1 SEP 2016 10.00am 6.00pm 2 SEP 2016 10.00am 5.00pm Sands Expo167 words
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Advertisement161 2016-08-30 4 The Business Times Showtime Productions present a night of jazz in collaboration with Esplanade Theatres on the Bay Jazzy Business September 30, 2016 Friday, 8pm Esplanade Concert Hall Celebrates BT’s 40th birthday and Cultural Medallion recipient Jeremy Monteiro’s 40th year in showbiz with a programme that includes Grammy-winning jazz guitarist161 words
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Advertisement533 2016-08-30 5 Earn up to 1.70% p.a. interest without locking in your money. l'h j Standard Chartered Seize future opportunities with e$aver. From now till 30 September 2016, earn up to 1.70% p.a. interest on eligible deposit balances with no lock-in period when you bring in incremental fresh funds* of up to533 words
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COMPANIES & MARKETS
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Article757 2016-08-30 6 Anita Gabriel - Can S i2i’s four-member board bring in the much-needed real results? HOCK LOCK SIEW By Anita Gabriel IF a large board is frowned upon as it can be unwieldy, then a small one ought to raise questions on its effectiveness to raise shareholder value.757 words
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557 2016-08-30 6 Cai Haoxiang - By Cai Haoxiang haoxiang@sph.com.sg @HaoxiangCaiBT Singapore TWO years after disposing its business in China, waste-to-energy firm C&G Environmental Protection Holdings is proposing to sell the remainder of its business to two different Chinese business partners. In a pre-market announcement on Monday, C&G said that557 words
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402 2016-08-30 6 Lynette Khoo - By Lynette Khoo lynkhoo@sph.com.sg @LynetteKhooBT Singapore CONSTRUCTION cum development group Lum Chang Holdings reported a one per cent dip in net profit for the full year ended June 30 to S$29.52 million. This was despite a 36 per cent surge in revenue to402 words
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421 2016-08-30 7 Kelly Tay - By Kelly Tay kellytay@sph.com.sg @KellyTayBT Singapore PROPERTY group GL Ltd’s full financial year results received a lift, thanks to lower administrative and income tax expenses, as well as reduced finance and net financing costs. Net profit shot up 41 per cent to US$67.6 million421 words
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CORPORATE DIGEST
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Article222 2016-08-30 7 SINGAPORE Exchange (SGX) has appointed a new chairman, Kwa Chong Seng, who will in turn step down from Olam International’s board to devote time to the new responsibilities. Mr Kwa will succeed outgoing SGX chairman Chew Choon Seng, who has been at the helm of the exchange since222 words
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Article223 2016-08-30 7 higher cost of sales and a host of impairment charges have pushed Australian oil and gas engineering services provider AusGroup into the red for the fourth quarter. Results for Q4 were also significantly impacted by the continued delay in the commercialisation of its port and marine business. The Singapore-listed223 words
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Article151 2016-08-30 7 PEC’s fourth-quarter net profit was S$8.2 million a reversal from a net loss of S$7.8 million in the previous year. This was thanks to “an increase in variation orders from completed projects”, said the specialist engineering group on Monday. But for the three months ended June 30, revenue dropped151 words
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Article96 2016-08-30 7 CLINIC operator Healthway Medical Corporation on Monday agreed to issue up to 133.3 million new ordinary shares at three Singapore cents each, to raise net proceeds of about S$3.75 million. The money will be split 45 per cent towards working capital and 55 per cent towards the96 words
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792 2016-08-30 7 Tan Hwee Hwee - More claim filings expected against distressed O&M group ahead of the Oct 6 hearing of its application for judicial management By Tan Hwee Hwee hweetan@sph.com.sg @HweetanBT Singapore CLAIMS against Swiber Holdings have ballooned further ahead of the Supreme Court’s Oct 6 hearing of the792 words
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Article, Illustration65 2016-08-30 8 STI Catalist Straits Times Index Aug 29, 2016 2,829.43 -28.22 (-0.99%) Current streak 2 days Day high 2,853.07 Day low 2,828.82 52-week high 3,083.07 (Oct 26, 2015) 52-week low 2,532.70 (Jan 21, 2016) FTSE ST Catalist Index Aug 29, 2016 435.79 -1.64 (-0.37%) Current streak 1 day Day high 440.4865 words
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Article, Illustration615 2016-08-30 8 Kenneth Lim - Selldown sees ST Index fall one per cent, as losers outnumber gainers seven to four STOCKS By Kenneth Lim kenlim@sph.com.sg @KennethLimBT Sightings of a hawk at the us Federal Reserve sent Singapore investors scurrying into their burrows on Monday, although it was only a lightSource: Bloomberg - 615 words
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Article302 2016-08-30 8 Stock name Close Change Day high/low 52w high 52w low PE Div yield Mcap Ascendas Reit 244 -2 246/243 257 209 6.3 6781.3 CapitaCom Trust 154 -1.5 155.5/152.5 159 127 5.6 4554.4 CapitaLand 308 -4 311/307 340 267 12.3 2.9 *****.7 CapitaMall Trust 211 -5 215/211 225 185302 words
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Article35 2016-08-30 8 VOLUME Noble 57,482,500 Cedar Strategic 56,166,700 HSI*****MBeCW*****9 55,571,000 Annica 24,000,000 Magnus Energy 23,621,300 Market volume 989,705,000 VALUE Singtel 60,872,697 UOB 50,545,999 DBS Grp 36,016,833 OCBC Bank 32,326,861 JMH USD 25,600,988 Market value 744,061,00035 words
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Article77 2016-08-30 8 Aug 29 VALUE CLOSE BT OB/OS -290.00 -97.00 BT CADI -*****.00 -84.00 BT 10-day MA -*****.00 -29.00 FTSE ST Mid Cap 677.82 -3.05 FTSE ST Small Cap 380.41 -2.33 FTSE ST All Share 693.87 -6.19 FTSE ST China Top 156.12 -0.34 FTSE ST China 186.35 -0.73 FTSE77 words
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Article, Illustration35 2016-08-30 8 STI FTSE ST All-Share FTSE ST All-Share index Aug 29,2016 693.87 -6.19 (-0.88%) Current streak 2 days Day high 698.78 Day low 693.36 52-week high 743.17 (Oct 26, 2015) 52-week low 625.37 (Jan 21, 2016)35 words
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Article, Illustration34 2016-08-30 8 STI MSCI EAFE MSCI EAFE index Aug 26, 2016 1,702.43 +0.26 (+0.02%) Current streak 1 day Day high 1,711.60 Day low 1,685.98 52-week high 1,779.25 (Oct 26, 2015) 52-week low 1,492.43 (Feb 12, 2016)34 words
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Article186 2016-08-30 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 2 8 4 0 1 0 2 9 4 Manufacturing 26 48 18 7 3 11 33 51 29 Commerce 11 27 14 2 5 4 13 32 18 Tpt/Stor/Comms 10 12 8186 words
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Article122 2016-08-30 8 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 11,866 40 11,906 40,297 7 40,304 Manufacturing 44,505 98,862 143,367 53,599 1,533 55,132 Commerce 78,463 12,568 91,031 62,813 314 63,127 Tpt/Stor/Comms 64,035 1,430 65,465 135,931 139 136,070 Finance 18,737 1 18,738 133,202 133,203 Construction 15,380122 words
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Article78 2016-08-30 8 BY CENTS CLOSE UP 52w high/low DBS Bk 4.7% NCPS ***** 79.0 0.7 *****/***** DBXT MSJAP US$ 4955 15.0 0.2 5021/4031 Lion Asiapac 35.5 11.5 47.9 36/21 DBXT S&P Short US$ 1955 10.9 0.4 2362/1931 IS Asia BND US 1117 10.9 0.7 1126/1010 BY PERCENTAGE CLOSE UP 52w high/low78 words
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Article73 2016-08-30 8 BY CENTS CLOSE DOWN 52w high/low Jardine C&C 4134 -167.0 -3.9 4520/2636 DBXT MSEurope US$ 5416 -117.1 -1.6 5733/4770 SPDR S&P500 US$ ***** -98.0 -0.3 *****/***** DBXT MSKorea US$ 5738 -95.3 -1.2 5878/4629 JSH USD 3179 -87.1 -2.0 3280/2524 BY PERCENTAGE CLOSE DOWN 52w high/low LifeBrandz 0.1 -50.0 -0.173 words
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Article84 2016-08-30 8 VOL CLOSE($) CHANGE Yongmao 0.8 0.250 -0.100 -28.57 Suntar Eco-City 35.0 0.165 -0.055 -25.00 Lion Asiapac 185.1 0.355 +0.115 +47.92 Nico Steel 4,650.9 0.007 +0.002 +40.00 C&G Env Protect 1,563.2 0.151 +0.024 +18.90 ITE Electric 1,033.7 0.071 +0.016 +29.09 HMI 8,322.3 0.475 +0.060 +14.46 Spindex Ind 671.3 0.74584 words
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BROKERS’ TAKE
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Article170 2016-08-30 8 Singapore Post Hold Target price: S$1.42 Aug 29 close: S$1.365 OCBC Investment Research, Aug 29 EVER since SingPost’s annual general meeting in mid July, the stock has been retreating and has lost about 12.7 per cent of its value ever since. In our view, this could be partly due to170 words
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174 2016-08-30 8 China Aviation oil (Singapore) Corp Buy Target price: S$1.90 Aug 29 close: S$1.355 UOB KayHian, Aug 29 CHINA Aviation Oil (Singapore) Corp (CAO) experienced a bout of profit-taking recently which presents buying opportunities for those who missed the last boat. We checked its fundamentals with multiple channels which showed that174 words
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Article157 2016-08-30 8 Kenneth Lim - Silverlake Axis Add Compiled by Kenneth Lim Target price: S$0.68 Aug 29 close: S$0.605 CIMB Research, Aug 26 WE introduce FY19 forecasts. Our discounted cash flow-based target price rises to S$0.68 (weighted average cost of capital: 11.6 per cent) as we roll-over to FY17. FY17-18 earnings per share forecast changes157 words
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Article111 2016-08-30 8 Most Active Fund Last sale +/-(‘000) Day high/low 52w high/low Buy/Sell Mcap IS ASIA HYG US$ US1100 cd -8 347 1104/1099 1116/977 1076/--STI ETF 288 -2 289 289/288 314/254 288/289 Nikko AM STI ETF 294 -3 285 297/294 320/259 294/295 7.1 IS MS INDIA US$ US718 -1 168111 words
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399 2016-08-30 9 CURRENCIES REUTERS London THE US dollar rose to a three-week high against the yen on Monday after senior Federal Reserve officials bolstered expectations that US interest rates would rise soon. Treasury yields rose to their highest since June and rate futures indicated the marketREUTERS - 399 words
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FOREX RATES
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Article471 2016-08-30 9 Aug 29 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.982 5.037 0.675 5.850 50.663 100.109 0.771 8.474 3.051 1.043 79.018 35.039 1.027 10.886 0.737 23.948 26.122 0.576 0.754 Canada 1.018 5.129471 words
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Article155 2016-08-30 9 Aug 29 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.0267 1.0271 0.7541 0.7543 Canadian dollar 1.0455 1.0459 0.7682 0.7679 Euro 1.5216 1.5219 1.1176 1.1177 NZ dollar 0.9840 0.9847 0.7227 0.7232 Sterling pound 1.7825 1.7827 1.3092 1.3093155 words
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Article22 2016-08-30 9 Aug 29 S$ Bid Offer 1-month 1.3614 1.3619 2-months 1.3612 1.3615 3-months 1.3611 1.3614 6-months 1.3610 1.3615 Source: OCBC22 words
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EQUITY BONDS WARRANTS FUTURES
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207 2016-08-30 9 Most active Aug 29 Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left HSI ***** MB eCW*****9 8.6 -1.3 ***** 0.0 1 OCBC Bk MB eCW*****8 4 -0.2 4463 0.1 915 5 UOB MB eCW*****1 8.6 -0.2 4160 0.1 1880207 words
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377 2016-08-30 9 In local curr In S$ In US$ dy yr dy yr dy yr Aug 26 Index Change Change Change Change Change Change World Preliminary 1306.5 0.2 2.3 0.0 -0.9 0.2 4.1 EAFE Preliminary 965.8 0.0 -4.7 -0.2 -5.5 0.0 -0.8 Europe Preliminary 1394.8 0.5 -1.3377 words
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Article396 2016-08-30 9 Aug 29 OPEN HIGH LOW SETT VOL OP/INT FTSE CHINA A50 INDEX FUTURES Aug16 9752.50 9797.50 9670.00 9710.00 *****9 *****3 Sep16 9782.50 9820.00 9697.50 9737.50 *****8 *****8 NIKKEI 225 INDEX FUTURES Sep16 *****.00 *****.00 *****.00 *****.00 ***** *****1 Dec16 *****.00 *****.00 *****.00 *****.00 866 7664 MSCI TAIWAN396 words
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BANK RATES
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Article154 2016-08-30 9 Aug 29 $S Offer Bid 0vernight 0.03 Par 1-month 0.625 0.375 2-months 0.8125 0.6875 3-months 0.875 0.75 Overnight mode: 0.35 US$ 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
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Article69 2016-08-30 9 Aug 29 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year NY*****A 4.000 01-Sep-18 106.19 106.23 106.18 5-Year NX*****X 2.250 01-Jun-21 104.15 104.25 104.10 10-Year NX*****F 2.125 01-Jun-26 102.84 102.98 102.60 15-Year NZ*****F 2.875 01-Sep-30 109.66 109.55 109.55 20-Year NZ*****X 2.250 01-Aug-36 101.5569 words
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AGRI METALS ENERGY
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Article250 2016-08-30 9 Aug-26 Price Net change change Last Trade Agricultural Aug-26 CBOT Soybeans (US cents/bu) 990.75 -7.50 -0.75% 14/09/2016 CBOT Soybean Oil (US cents/lb) 32.95 0.04 0.12% 14/09/2016 CBOT Wheat (US cents/bu) 383.50 -17.75 -4.42% 14/09/2016 Aug-26 LIFFE Cocoa (£/tonne) 2429.00 3.00 0.12% 15/09/2016 LIFFE Coffee (US$/tonne) 1783.00 22.00 1.25%250 words
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476 2016-08-30 10 Nisha Ramchandani - Revenue for recently listed group rises 8.2%, lifted by contributions from lease rental and sale of aircraft By Nisha Ramchandani nishar@sph.com.sg @Nisha_BT Singapore BOOSTED by higher revenue and gains from sale of aircraft, BOC Aviation’s net profit for the six months ended476 words
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Article, Illustration1259 2016-08-30 10 Chin Yong Chang - Flare Dynamics takes opposite path of unicorn startups in offering custom-built drones for law enforcement and defence. BY CHIN YONG CHANG By Chin Yong Chang ycchin@sph.com.sg Singapore FLARE Dynamics technical director Lu Weiyao believes in the limitless potential of technology in fulfilling the1,259 words
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Article1708 2016-08-30 11 52-Wk Last Vol Day Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/Ep $mil Company Last Sale Vol ('000) High Day 149 127 AIMSAMP Cap Reit 140 unch 93 141 140 0.9 8.1 892.2 Div 144 101 ARA Asset Mgmt 134.5 -2 263 1381,708 words
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Article198 2016-08-30 11 52-Wk Last Vol Day Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/E Last vol Day Div GrYld Net MCap 44.5 29.5 t Advancer Global 41.5cd -1 2867 43 40.5 16.5 71.9 LOW Company Sale 19.9 8.3 t Anchor Resources 10.2 -0.2 4951 10.4198 words
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Article145 2016-08-30 11 52-Wk Last Vol Day Div GrYld Net MCap High Low Counter Sale +/-(’000) High Low C’vr P/E Counter Last 86.4 69.1 CIMB APAC Div US$ US84.2 +0.7 0 84.2 84.2 8.8 vol ('000) 385 190 DBXT MSBrazil US$ US364 -5 2 364 364 Low 5878 4629 DBXT MSKorea145 words
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Advertisement32 2016-08-30 6 Singapore?^ INTERNATIONAL INDIAN EXP***** {Jj/ndia cmteh fa mu SUNTEC CONVENTION EXHIBITION CENTRE, HALL: 401 402 22nd 25th SEPTEMBER 2016,10AM TO 10PM EXHIBITION HIGHLIGHTS FOR ENQUIRIES CONTACT *****112 *****219 visit: www.siiexpo.com I www.facebook.com/SIIExpo/32 words
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Advertisement817 2016-08-30 6 NOTICES TOLL FREE 1800-289-8822 I Email notices@sph.com.sg I www.sphclass.com.sg/notices JUNMA TYRE CORD COMPANY LIMITED (Incorporated in the People’s Republic of China) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company (“AGM”) will be held at Conference Room, Junma Building, Nonglu Road, Chenghang,817 words
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Advertisement353 2016-08-30 7 Learn about prevention, detection and treatment for heart related diseases and stroke from Dr Michael Lim, internationally reowned interventional cardiologist and also a regular contributor of health related articles in The Business Times every fortnightly. Learn about sleeping disorder, snoring, fatigue, and sinus problems from Dr Dennis Chua, Ear, Nose353 words
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Advertisement9 2016-08-30 8 For full listings of SGX prices, go to http://btd.sg/BTmkts9 words
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Advertisement75 2016-08-30 10 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 l75 words
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Advertisement97 2016-08-30 10 THE MONETARY AUTHORITY OF SINGAPORE RESULTS OF AUCTION OF TAXABLE BOOK-ENTRY SINGAPORE GOVERNMENT BONDS TO BE ISSUED ON 01 SEP 2016. Tenor Total Amount Allotted Amount Allotted to Non-Competitive Applications Amount Allotted to MAS Total Amount Applied Coupon Rate Cut-otfYield Price Median Yield Price Average Yield Price of Competitive Applications97 words
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Advertisement283 2016-08-30 10 These companies are among 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 turnover of S$15 million or less. It283 words
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Advertisement71 2016-08-30 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
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REAL ESTATE
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Article, Illustration527 2016-08-30 12 Kalpana Rashiwala - NUS flash estimates reflect 4.4% price contraction for small units of up to 506 sq ft islandwide By Kalpana Rashiwala kalpana@sph.com.sg @KalpanaBT Singapore SMALL completed private apartments and condos have been the worst performer year-on-year among the four Singapore527 words
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429 2016-08-30 12 THOMSON REUTERS FOUNDATION London BRITAIN’S “pay to stay” rule requiring social housing tenants to pay higher rents may leave local councils worse off, cause stress for families and fail to generate expected revenues for central government, according to a report publishedTHOMSON REUTERS FOUNDATION - 429 words
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Article, Illustration860 2016-08-30 12 REUTERS Yongin IN Yongin, a satellite city south of Seoul, orange construction cranes are racing to build gleaming new high-rises, but realtor Kim Woong-jib says he is pointing would-be apartment buyers to older buildings. The city of a million people hasREUTERS; PHOTO: REUTERS - 860 words
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Advertisement405 2016-08-30 12 ©JLL PRIME CBD STRATA OFFICE FOR SALE BY EXPRESSION OF INTEREST Excellent unobstructed sea view and city view Direct sheltered access to Tanjong Pagar MRT Grade A specifications Premium column-free office spaces from 1,744 to 14,510 sf Generous car parking provisions with 612 lots Planned enhancements feature a brand new405 words
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Advertisement24 2016-08-30 12 KHMft. G tit #gamsia365 mm. Did someone brighten your day? Share your #QaiTlSia365 story spread the positivity! 0&0 rci 0 gamsia365.zaobao.sg/ *Chinese Language Content24 words
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SINGAPORE ACCOUNTANCY AWARDS
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Article, Illustration1356 2016-08-30 13 FRANCIS KAN - Innovation, growth and excellence are recognised at Singapore Accountancy Awards 2016. BY FRANCIS KAN BY FRANCIS KAN THE best and brightest from the local accountancy sector were on show earlier this month at the Singapore Accountancy Awards. This is the second time the awards have been1,356 words
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Advertisement4 2016-08-30 13 SINGAPORE ACCOUNTANCY AWARDS 20164 words
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BANKING & FINANCE
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946 2016-08-30 14 Regulator steps in as big boys pump millions into e-com sites that grant loans to students with no credit history BLOOMBERG Beijing ACROSS college campuses in China, a small army of marketers is recruiting students to borrow money at interest rates many times that chargedBLOOMBERG - 946 words
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Article, Illustration623 2016-08-30 14 BLOOMBERG New York EVERYONE’S a winner in the US$5.3 trillion-a- day global currency market this year. For just the second time in the past decade, three major foreign-ex-change trading strategies are all producing positive returns. The carry trade, in whichBLOOMBERG; PHOTO: AFP - 623 words
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Advertisement1378 2016-08-30 15 NOTICE IS HEREBY GIVEN that the Seventeenth Annual General Meeting of Singapore Exchange Limited (the “Company”) will be held at The Star Theatre, Level 5, The Star Performing Arts Centre, 1 Vista Exchange Green, Singapore *****7 on Thursday, 22 September 2016 at 10.00 a.m. to transact the following business: ROUTINE1,378 words
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ENERGY & COMMODITIES
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Article, Illustration792 2016-08-30 16 Its 19.9b yuan H1 profit beats PetroChina’s 531m yuan gain, CNOOC’s 7.7b yuan loss BLOOMBERG Hong Kong CHINA Petroleum Chemical Corp, the refining giant known as Sinopec, outshined its domestic state-run rivals in the first half of the year as its fuel-makingBLOOMBERG; PHOTO: REUTERS - 792 words
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677 2016-08-30 16 BLOOMBERG New York COPPER is stuck in a rut. While other metals have shone in 2016, copper has struggled to gain traction and last week erased its gains for the year. Demand in China, the world’s biggest user, is slowingBLOOMBERG - 677 words
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Advertisement9 2016-08-30 16 NOTICES TOLL FREE 1800-289-8822 I Email notices@sph.com.sg I www.sphclass.com.sg/notices9 words
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TECHNOLOGY
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Article, Illustration1010 2016-08-30 17 US startup Eyefluence’s technology can turn the human eye into a computer mouse WP San Francisco FIRST came the computer mouse. Then the touchscreen. Now the tech industry is looking for a new hu-man-machine interface one that will make virtual-reality (VR) headsetsWP; FILE PHOTO - 1,010 words
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Article, Illustration559 2016-08-30 17 Jacquelyn Cheok - By Jacquelyn Cheok jaccheok@sph.com.sg @JacCheokBT Singapore DBS chief Piyush Gupta, as well as entrepreneurs Roger Egan III (who co-founded online grocer RedMart) and Darius Cheung (head of property portal 99.co), have topped LinkedIn’s 2016 Singapore Power Profiles. This is a list559 words
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416 2016-08-30 17 REUTERS San Francisco HIGH-TECH computing company Nutanix has acquired two startups to enhance its data and storage services, as the firm continues to grow its business despite a protracted delay in its initial public offering (IPO). San Jose, California-based NutanixREUTERS - 416 words
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Advertisement9 2016-08-30 17 NOTICES TOLL FREE 1800-289-8822 I Email notices@sph.com.sg I www.sphclass.com.sg/notices9 words
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TRANSPORT
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Article, Illustration1046 2016-08-30 18 Stricter tech standards, potential cap on firms come as the country grapples with overcapacity, high inventories BLOOMBERG Beijing CHINA’S electric-vehicle (EV) industry, with 200-plus companies backed by a raft of billionaires, is on the verge of a massiveBLOOMBERG; PHOTO: BLOOMBERG - 1,046 words
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834 2016-08-30 18 BLOOMBERG Munich LESS than a year after BMW introduced the latest iteration of its flagship 7-Series, a roomy sedan that can park itself via remote control, the carmaker has quietly conceded that it landed with a thud. Even so, the US$81,500BLOOMBERG - 834 words
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410 2016-08-30 18 BLOOMBERG Hong Kong CHINA’S three biggest airlines are poised to report losses totalling 8.5 billion yuan (S$ 1.73 billion) from currency swings this year as a weaker yuan proves a drag amid rising traffic and cheaper fuel. The silver lining: TheBLOOMBERG - 410 words
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Page 18 Advertisements
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Advertisement38 2016-08-30 18 Who’s selling his home in your neighbourhood? REGcl Hillview Regency Sale. Mid floor, Renovated\ Blk 28 Floor Condominium $855,000 $944 psf Your Neighbourhood Listings Be the first to know when your neighbour's home goes on the market. SRX.com.sg/property-tracker38 words
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Advertisement50 2016-08-30 18 HOT PROPERTY BRAND NEW. S*****6. 976sf Along main rd. Attach toilet AC Outram Tiong Bahru MRT. JOO CHIAT SHOPHSE. 2 unit. 1000/850sf. Suits fruit whole -saler bakery, flower shop. Also sale LOOKING FOR A SHOP SPACE TO RENT? Check out these properties and more in The Straits Times Classified now!50 words
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Advertisement21 2016-08-30 18 LISTEN OUT FOR FINANCIAL RESULTS ANNOUNCEMENT Find out more about a company’s financial performance through The Straits Times Notices. 14/myj jun21 words
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CONSUMER
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764 2016-08-30 19 Lee U-wen - The provider of online streaming sports content muscles its way into the Singapore market, bringing the EPL, Swimming World Cup and more to fans By Lee U-wen leeuwen@sph.com.sg @LeeUwenBT Singapore WHEN the management at Eleven Sports Network decided to broadcast the wildly popular English764 words
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659 2016-08-30 19 BLOOMBERG Madrid NOW that the hangover of financial crisis has faded, Spaniards are heading back to the bar. That’s a relief for the country’s battered food and drink industry, which saw 25,000 establishments close between 2008 and 2014 asBLOOMBERG - 659 words
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374 2016-08-30 19 AFP London NIGEL Rodgers is in hell. A campaigner against piped music for decades, he stands in a shoe shop on London’s Oxford Street which is blaring out pop music and winces visibly. “It’s just as bad as passive smoking,” saidAFP - 374 words
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Article, Illustration650 2016-08-30 19 BLOOMBERG Hong Kong HE may be 88 and facing setbacks from failed deals in the UK and Australia, but investors bet against Li Ka-shing at their peril. Hong Kong’s richest man is set to win approval asBLOOMBERG; PHOTO: BLOOMBERG - 650 words
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Page 19 Advertisements
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Advertisement493 2016-08-30 19 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 l493 words
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Advertisement513 2016-08-30 19 2 LINK SOUTH LINK 1 TUAS SOUTH TUAS TUAS SOUTH LINK 2 TUAS SOUTH AVENUE 14 7 AVENUE SOUTH TUAS TUAS SOUTH STREET 12 11 STREET SOUTH TUAS IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF AMB NARITA 1-3 PTE. LTD. (Company Registration No.513 words
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GOVERNMENT & ECONOMY
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579 2016-08-30 20 Another report of robust job gains in August will further boost expectations for Fed to raise interest rates in Sept LATEST US DATA BLOOMBERG Washington CONSUMER purchases advanced for a fourth straight month in July, bolstered by stronger income gains, sendingBLOOMBERG - 579 words
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354 2016-08-30 20 REUTERS Berlin GERMANY’S BGA trade association slashed its 2016 forecast for export growth, its head said on Monday, predicting sales abroad by Europe’s biggest economy would later stagnate as the delayed impact of Brexit hit home. Global demand for GermanREUTERS - 354 words
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499 2016-08-30 20 AFP REUTERS Brussels THE European Commission on Monday insisted that talks on a huge US free trade deal were on track, rejecting German claims that irreconcilable differences had left the deal dead in the water. “The ball is rolling rightAFP; REUTERS - 499 words
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279 2016-08-30 20 BLOOMBERG Washington “JOE six-pack gets a raise,” proclaim Bank of America Merrill Lynch economists Emanuella Enenajor and Lisa Berlin, commenting on the biggest source of upward pressure on US wages in 2016. The duo found that industries which rank in the bottom 20BLOOMBERG - 279 words
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Article, Illustration758 2016-08-30 20 REUTERS Bangkok THE spread of the Zika virus across tropical South-east Asia is likely to be significantly under-reported as local health authorities fail to conduct adequate screening, regional specialists said on Monday. International travel hub Singapore has to date 56 locally-transmitted casesREUTERS; PHOTO: AFP - 758 words
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170 2016-08-30 20 REUTERS Beijing COMPANIES in China may save up to 150 billion yuan (S$30.5 billion) a year if they are allowed to contribute less to employees’ social security and housing plans, a research institute at the top economic planningREUTERS - 170 words
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567 2016-08-30 21 It could start buying local govt and other bonds that fund infrastructure projects after its Sept meeting: analysts BLOOMBERG Tokyo FORGET helicopter money. The Bank of Japan (BOJ) might next target financing a bit closer to the ground trains, hospitals, power plantsBLOOMBERG - 567 words
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773 2016-08-30 21 BLOOMBERG Zurich MARIO Draghi is letting the numbers do the talking. After five weeks of silence, the European Central Bank president is leaving it largely to a raft of economic data to fine-tune policy expectations ahead of the Governing Council’sBLOOMBERG - 773 words
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Article, Illustration532 2016-08-30 21 REUTERS Athens GREECE’S economy grew modestly in the second quarter but weak demand and scant investment mean a strong rebound after years of recession remains elusive a year after the country nearly crashed out of the euro. Data released on Monday showedREUTERS; PHOTO: AFP - 532 words
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518 2016-08-30 21 REUTERS Beijing CHINESE President Xi Jinping has reshuffled three top provincial-level Communist Party posts as he seeks to place his men in key positions ahead of a once-every-five-years congress next year, and more new appointments are likely soon. The party congress, expectedREUTERS - 518 words
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Page 20 Advertisements
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Advertisement25 2016-08-30 20 Be a smart investor with tips from $how Me The Money $how Me The Money Book 4 is now available at leading bookstores and www.stpressbooks.com.sg25 words
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Page 21 Advertisements
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Advertisement13 2016-08-30 21 Learn Mandarin Without Stress! newstalk.zaobao.sg Try out this Chinese language e-learning tool today.13 words
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Advertisement121 2016-08-30 21 FRANCHISING LICENSING ASIA 2016 Exhibition Conference 13- 15 OCTOBER 2016 10.30am 6.30pm (Thu Fri) 10.30am 5.30pm (Sat) Level 1, Hall B, Sands Expo Convention Centre, Marina Bay Sands 1 >fl '*3 Free Admission! FREE Educational Franchise Legal Talks Hear from different experts each day! Schedule at: www.FranchiseLicenseAsia.com/edutalks Organised By: Block121 words
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Advertisement191 2016-08-30 21 This book guides us through the REITs investments in a step-by-step and comprehensive manner Coupled with actual case studies of REITs in Singapore, you will learn the methods to grow your wealth with the higher dividend/investment returns from REITs. Investing in REITs is equivalent to investing in properties, but with191 words
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OPINION
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578 2016-08-30 22 EDITORIAL THE recent wave of defaults in high-risk unrated bonds in Singapore has raised fresh scrutiny on how the bonds were sold. Based on analyses by Bloomberg, bond issuers have taken to offering rebates of up to one per cent to private banks578 words
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Article, Illustration822 2016-08-30 22 Robert Samuelson - THE BOTTOM LINE By Robert Samuelson THE WASHINGTON POST WRITERS GROUP Washington CALL it the Snooze Economy. Roughly two months before the US presidential election, America’s economy has turned both boring and mystifying. It hardly impresses anyone, and yet this plodding performance is probably helping HillaryTHE WASHINGTON POST WRITERS GROUP - 822 words
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Article, Illustration1528 2016-08-30 22 Leon Hadar - The white professionals, blacks and Hispanics he is trying to reach probably won’t be swayed By Leon Hadar Washington UNTIL late last year, it would have been safe to say that most Americans had never heard about a 1950s programme by thePHOTO: REUTERS - 1,528 words
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1052 2016-08-30 23 Andrew Hammond - COMMENTARY 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 Economics London ACTING Spanish Prime Minister Mariano Rajoy is facing a confidence vote this week, a necessary1,052 words
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1194 2016-08-30 23 Rakesh Upadhyay - By Rakesh Upadhyay OILPRICE.COM IT’S possible that Opec (Organization of the Petroleum Exporting Countries) is crying wolf with hints of an output freeze next month in Algiers; but it’s also possible that they are ramping up production to take the sting outOILPRICE.COM - 1,194 words
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Article, Illustration1109 2016-08-30 23 Anthony Rowley - Instead of real-world issues, they focus so much debate on things such as negative rates By Anthony Rowley Tokyo THE world’s leading central bankers found themselves “in a hole” at the end of last week literally in that they were meeting inPHOTO: AFP - 1,109 words
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Page 24 Advertisements
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Advertisement869 2016-08-30 24 S-*- THE BUSINESS TIMES SHIPPING TIMES FOONG SUN SHIPPING (PTE) LTD INDONESIA SUMATRA PORTS VESSEL VOY ETA ETD DESTINATION BERJAYA II 11/16 05/09 07/09 BELITUNG/PKL BALAM SRIJAYA 8 23/16 31/08 01/09 JAMBI/PEKAN BARU FLORA 8 13/16 IN PORT 01/09 PALEMBANG/PANJANG PRIMA SAMUDRA 10/16 02/09 04/09 BELAWAN/MALAHAYATI INDONESIA JAVA SULAWESI PORTS869 words
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LIFE & CULTURE
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Article, Illustration403 2016-08-30 25 AFP Nepal IN Nepal’s isolated, high-altitude desert of Upper Mustang, a new road to China is bringing economic transformation to the former Buddhist kingdom, once a centre for trans-Himalayan commerce. The remote region is ringed with vast canyons and red mountains that,AFP; PHOTO: AFP - 403 words
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Article, Illustration835 2016-08-30 25 She also steals spotlight by performing for more than 16 minutes songs from her album Lemonade AFP New York BEYONCE dominated the MTV Video Music Awards on Sunday as she collected a near-record award haul and awed the audience with a fieryAFP; PHOTO: AFP - 835 words
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Article, Illustration1082 2016-08-30 25 NYT New York AT Christie’s over the last few weeks, two specialists in old master paintings and drawings quietly left the auction house. Their departures followed a year of spotty sales, in which the values of works by old masters a pantheon ofNYT; PHOTO: NYT - 1,082 words
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Page 25 Miscellaneous
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Miscellaneous308 2016-08-30 25 CRYPTIC CROSSWORD Across 1 Caught bird, chicken (6) 9 Decorated doctor ambled round area (10) 10 Expert boards last tube result, finally (3,7) 11 Spell ‘Discharge’ backwards (4) 1211 kept in by teacher after sentence one’s put here (4) 14 Officer in place occupier (10) 17 The old man with308 words
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Page 26 Advertisements
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Advertisement115 2016-08-30 26 o strategies to Compete in the new world Q Li y Hear from SingPost, Frost Sullivan, Stamfles Group, GoGoVan, RSM and Stone Forest: Business Transformation Technology Innovation Sharing Economy Business Financial Strategies 20 th Sept 2016 2 6pm, Wilkie Edge To register: www.StoneForest.com.sg/CompeteBetter Stone Forest Owi B \WU> evptel Owlv115 words
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Advertisement76 2016-08-30 26 m AppStore m Play Download th«app and get started u WW-- X w r/ '.A Finally, office space in Singapore that saves you money Get office space with everything included from a receptionist to access to our global network of 3000 locations. It's all covered by one simple price, and76 words
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SME
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Article, Illustration1060 2016-08-30 26 AZMAN JAAFAR - SMEs in Singapore have reason to stay the course on the Asean Economic Community despite simmering South China Sea tensions. BY AZMAN JAAFAR BY AZMAN JAAFAR T The writer is deputy managing partner and one of the founding members of RHTLawSPH FILE PHOTO - 1,060 words
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Article, Illustration1286 2016-08-30 28 LEONG GUO FENG, TOH XIU HAN, VIVIAN TAI HUAN FEN, WAN QIAN XIU THERESA - Acoustic solution provider SIAC continues its efforts to offer innovative products adaptable to market conditions. BY LEONG GUO FENG, TOH XIU HAN, VIVIAN TAI HUAN FEN and WAN QIAN XIU THERESA BY LEONG GUO FENG, TOH XIU HAN, VIVIAN TAI HUAN FEN, WAN QIAN XIUPHOTO: AIDAN LOO - 1,286 words
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Advertisement9 2016-08-30 27 These features are brought to you by Spring Singapore9 words
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THINK GLOBAL THINK STANDARDS
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Article, Illustration997 2016-08-30 27 VIVIEN SHIAO - Accreditation of AsureQuality’s food and contaminant testing laboratories helps their customers penetrate chosen markets, gain competitive advantages and protect their brands and reputations. BY VIVIEN SHIAO As more companies look overseas to export their products, quality and standards have never been more997 words
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Article, Illustration925 2016-08-30 27 Vivien Shiao - By Vivien Shiao vshiao@sph.com.sg @VivienShiaoBT Singapore FOR companies that aim to boost competitiveness and gain access to overseas markets with their products, getting certified by an accredited testing laboratory is key. Singapore Electrical Testing Services (Sets) is one such firm that understands all925 words
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Advertisement131 2016-08-30 28 4" www.ocbc.com/business-bank Q OCBC bilmi Banking 9 A Biaacr value, better head start with OCBC Business First Account Get your business gcxng with a low initial deposit and froo monthly transactions worth up to $380*. 'Terms and Conditions apply Find out more CLICK START YOUR BUSINESS SUCCESS Enjoy greater convenience.131 words
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Advertisement62 2016-08-30 28 Celebrating Singapore´s Enterprising Spirit 2016 This series is part of the Enterprise 50 Educational Project between the E50 partners and the NUS Business School. SIAC Pte Ltd was among the winners in 2015. The annual E50 ranking is co-organised by The Business Times and KPMG, sponsored by OCBC Bank, and62 words
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