The Business Times, 6 September 2016

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Microfilm: NL33961
Total Pages: 28
1 28 The Business Times
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  • 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 Tuesday, September 6, 2016
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  • Article
    Lock icon DAILY DIGEST
    263 1 Countries should help their businesses and citizens to compete and take advantage of global markets, said Prime Minister Lee Hsien Loong at the G-20 Summit in Hangzhou, China, on Monday. TOP STORIES 2 CoAssets, a homegrown real estate and debt-crowdfunding platform, on Monday debuted on the Australian Securities
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  • Article
    Lock icon Order book completion critical to saving Swiber: interim JMs
    663 1  -  They see “reasonable prospect” for success; others note that cash flow and working capital remain key hurdles By Tan Hwee Hwee hweetan@sph.com.sg @HweetanBT Singapore THE interim judicial managers (IJMs) of distressed offshore and marine company Swiber Holdings and its subsidiary said
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  • Article, Illustration
    Lock icon Hyflux dips toes into wellness, beauty market
    1433 1  -  It invests S$8m in European firm Kaqun Europe to sell Elo Water, which has 3 times more oxygen than tap water By Andrea Soh sandrea@sph.com.sg @AndreaSohBT Singapore IN City Square Mall, a new store offering bath facilities opened its doors to shoppers two
    PHOTO: HYFLUX  -  1,433 words
  • Article
    Lock icon MARKETS
    24 1 Monday Change STI 2,851.74 +47.82 KL COMP 1,678.08 +6.29 NIKKEI 225 17,037.63 +111.95 HANG SENG 23,649.55 +382.85 SHENZHEN B 1,176.94 +9.19 DOW Closed
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  • TOP STORIES
    • Article, Illustration
      Lock icon PM calls for sustained momentum to liberalise trade
      701 2  -  Governments should help companies and workers take advantage of new technologies and seize opportunities G-20 SUMMIT By Lee U-Wen leeuwen@sph.com.sg @LeeUwenBT Hangzhou, China COUNTRIES should help their businesses and citizens to compete and take advantage of global markets, said Prime Minister Lee
      PHOTO: MR BALAKRISHNAN'S FACEBOOK  -  701 words
    • Article, Illustration
      Lock icon PM Lee in Vientiane, Laos, for Asean summits
      530 2  -  Regional integration, disaster relief, South China Sea, terrorism and trade are key issues for Asean and regional leaders By Soon Weilun soonwl@sph.com.sg @SoonWeilunBT Vientiane, Laos SINGAPORE’S Prime Minister Lee Hsien Loong arrived in Vientiane on Monday night, ahead of a three-day gathering
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    • Article
      Lock icon Obama remains determined to get TPP trade pact ratified under his watch
      562 2  -  He says the pact would be a big plus for US firms and workers and that US trade deals “eventually get done” By Lee U-Wen leeuwen@sph.com.sg @LeeUwenBT Hangzhou, China US President Barack Obama on Monday made another desperate
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    • Article, Illustration
      Lock icon Sino-Singapore relationship in ‘working shape’: PM
      701 2  -  Singapore and China must manage and accept different perspectives on issues and not let differences affect ties By leeuwen@sph.com.sg Lee U-Wen leeuwen@sph.com.sg @LeeUwenBT Hangzhou, China SINGAPORE and China have strong levels of cooperation but the two countries are different and it is normal that
      PHOTO: MINISTRY OF COMMUNICATIONS AND INFORMATION  -  701 words
    • Article
      Lock icon Singapore real estate and debt crowdfunding site debuts on ASX
      497 4  -  CoAssets has an estimated market cap of A$66m; it raised A$6.55m from its IPO at an issue price of A$0.40 a share STARTUPS By Jacquelyn Cheok jaccheok@sph.com.sg @JacCheokBT Singapore COASSETS, a homegrown real estate and debt-crowdfunding platform, on Monday debuted
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    • Article
      Lock icon IDA-accredited startups can now tap Surbana Jurong, Lendlease projects
      413 4  -  By Jacquelyn Cheok jaccheok@sph.com.sg @JacCheokBT Singapore LOCAL tech startups recognised under an accreditation scheme run by the Infocomm Development Authority of Singapore (IDA) now have a shot at bagging larger global-infrastruc-ture and urban-development projects beyond those offered by the more than
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    • Article, Illustration
      Lock icon Markets ignoring Buffett’s warning about derivatives
      625 4  -  By Neil Behrmann btworld@sph.com.sg London COMPLACENT markets are ignoring Warren Buffett’s warning that the complex, massive derivative market could precipitate an unexpected global financial shock. The Bank of International Settlements (BIS), the central banks’ central bank, has also issued a warning that the world’s
      PHOTO: REUTERS  -  625 words
    • Article, Illustration
      Lock icon Gotta kill ‘em all
      352 4  -  BT Explains By Kelly Tay With the number of Zika cases rising by the day, the government has stepped up efforts to curb mosquito breeding in Singapore. Daily fogging and inspections, as well as wearing covered clothing and insect repellent play a crucial role in the
      BT Graphics: Andrea Lee, Angeline Ngiam  -  352 words
    • Article
      Lock icon Listings outpace delistings in first 8 months
      726 6  -  At end-August, combined market cap of new listings stands at S$6.43 billion, versus S$6.13 billion for delistings By Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore LISTINGS marginally outpaced delistings on the Singapore Exchange (SGX) for the first eight months of this year. As at end-August,
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    • Article, Illustration
      Lock icon Whole-economy PMI edges up to 52.3 in August
      354 6  -  By Kelly Tay kellytay@sph.com.sg @KellyTayBT Singapore SINGAPORE firms posted an improvement in operating conditions in August, with the headline Nikkei Singapore purchasing managers’ index (PMI) rising to 52.3 from July’s 50.7. Although this represented only a modest strengthening, the latest reading signalled
      Sources: Nikkei, IHS Markit  -  354 words
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      Lock icon Page 3 Advertisements Column 1
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      Lock icon Page 5 Advertisements Column 1
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      353 6 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, Nose
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      Lock icon Page 6 Advertisements Column 2
      17 6 Discover Greener Pastures Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Change of Address Notices
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  • COMPANIES & MARKETS
    • Article
      Lock icon NOL makes its exit from SGX
      296 7  -  By Tan Hwee Hwee hweetan@sph.com.sg @HweetanBT Singapore CONTAINER shipping company Neptune Orient Lines (NOL) makes its exit from the Singapore Exchange on Tuesday this week, 35 years after its listing on the local bourse. NOL is now a wholly owned subsidiary of french shipping
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    • Article
      Lock icon Green shoots of stewardship culture among retail investors worth protecting
      732 7  -  HOCK LOCK SIEW BY MELISSA TAN melissat@sph.com.sg @MelissaTanBT RETAIL investors in Singapore are generally not renowned for caring overly much about their long-term responsibilities as stewards of the companies they invest in. But the green shoots of a stewardship culture
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    • Article
      Lock icon HSBC Private Bank hires two unit heads for investment counselling
      201 7  -  By Jamie Lee leejamie@sph.com.sg @JamieLeeBT Singapore HSBC Private Bank has created a role focusing on “investment counselling” that is meant for bankers to provide advice on investment portfolio construction and diversification, it said on Monday. Sandeep Sharma, HSBC’s head of
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    • Article
      Lock icon OUEHT leads volume jumpers last week
      598 8  -  Its volume surges to eight times its three-month average; next is LMIRT which leaps to twice its three-month average volume By Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore TWO real estate investment trusts (Reits) saw the biggest jumps in trading activity on the local bourse last
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    • Article
      Lock icon SIAS urges SIC to look into Asiatravel’s delayed placement
      582 8  -  By Anita Gabriel anitag@sph.com.sg @AnitaGabrielBT Singapore SINGAPORE’S watchdog group for investor rights has urged the Securities Industry Council (SIC) to “expeditiously” look into the developments at Asiatravel.com Holdings and its much-delayed S$100 million share placement exercise to Shenzhen-lis-ted Zhonghong Holding. “SIAS
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    • Article
      Lock icon CIMB, Sompo ink S’pore deal to distribute general insurance products
      287 8  -  By Claire Huang huangjy@sph.com.sg @ClaireHuangBT Singapore IN A multi-million dollar deal, CIMB Bank Singapore will distribute Sompo Insurance Singapore’s general insurance products, such as motor and travel policies, in Singapore. Mak Lye Mun, chief executive of CIMB Bank Singapore, told
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    • Article, Illustration
      Lock icon Citi cards can be used for S’pore and Philippine Grab rides
      440 8  -  By Samuel Ee samuelee@sph.com.sg Singapore CITI credit card holders will be able to pay for their Grab rides in Singapore and the Philippines starting this month, with three other South-east Asian countries Indonesia, Malaysia and Thailand to follow later
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    • Article
      Lock icon CDL to invest 100m yuan in China online apartment rental site mamahome
      429 8  -  By Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore HOTEL owners are buying stakes in the very disruptor of their own businesses. City Developments (CDL) on Monday said that its wholly owned subsidiary CDL China will invest 100 million yuan (S$20.4
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    • Article, Illustration
      Lock icon Sunny side up? Or omelette? Just tell the robot
      1303 9  -  Startup Kurve Automation’s “egg breakfast buffet” robot may make its debut soon. BY RENALD YEO yrenald@sph.com.sg THE first industrial revolution in the late 18th century saw the birth of the factory, as machinery proliferated and became as ubiquitous as a common
      PHOTO: AIDAN LOO  -  1,303 words
    • Article, Illustration
      Lock icon STI / Catalist
      64 10 STI Catalist Straits Times Index Sept 5, 2016 2,851.74 +47.82 (+1.71%) Current streak 1 day Day high 2,853.15 Day low 2,827.31 52-week high 3,083.07 (Oct 26, 2015) 52-week low 2,532.70 (Jan 21, 2016) FTSE ST Catalist index Sept 5,2016 432.51 +5.17 (+1.21%) Current streak 1 day Day high 433.56 Day
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    • Article, Illustration
      Lock icon STI kicks off week on a strong note
      680 10  -  Gains, which were led by banks and Singtel, came on the back of Dow futures rise and Hong Kong surge STOCKS By R Sivanithy sivan@sph.com.sg @RSivanithyBT A 90-POINT rise in the Dow futures and a 1.65 per cent surge in Hong Kong’s
      Source: Bloomberg  -  680 words
    • Article
      Lock icon STI STOCKS
      302 10 Stock name Close Change Day high/low 52w high 52w low PE Div yield Mcap Ascendas Reit 248 +3 248/246 257 209 6.2 6892.5 CapitaCom Trust 159 +2.5 159/157 159 127 5.4 4702.2 CapitaLand 316 +9 317/309 340 267 12.6 2.8 *****.6 CapitaMall Trust 216 +2 218/215 225 185
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    • Article
      Lock icon MOST ACTIVE
      33 10 VOLUME Noble 229,575,900 Cedar Strategic 166,189,100 Ezra 40,743,800 Ezion 31,555,500 Singtel 24,343,200 Market volume 1,323,610,000 VALUE Singtel 95,575,581 DBS Grp 74,795,319 CapitaLand 44,407,604 JMH USD 35,976,214 UOB 33,873,339 Market value 938,697,000
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    • Article
      Lock icon SGX ETFS Most Active
      109 10 Fund Last sale +/-(‘000) Day high/low 52w high/low Buy/Sell Mcap STI ETF 291 +5 435 291/287 314/254 290/291 IS MS INDIA US$ US750 +10 163 750/744 772/575 747/750 93.8 DBXT MSPHILS US$ US214.7 +4.1 82 215.6/214.2 222.5/158.5 213.7/214.6 17.2 DBXT MSCHINA US$ US1350 +27 56 1350/1343
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    • Article
      Lock icon OTHER SINGAPORE INDICES
      77 10 Sep 5 VALUE CLOSE BT OB/OS -140.00 +181.00 BT CADI -*****.00 +129.00 BT 10-day MA -*****.00 -14.00 FTSE ST Mid Cap 686.14 +8.23 FTSE ST Small Cap 381.37 +2.79 FTSE ST All Share 701.97 +11.37 FTSE ST China Top 158.37 +3.88 FTSE ST China 190.72 +4.72 FTSE
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    • Article, Illustration
      Lock icon STI / FTSE ST All-Share
      36 10 STI FTSE ST All-Share FTSE ST All-Share index Sept 5, 2016 701.97 +11.37 (+1.65%) Current streak 1 day Day high 702.00 Day low 696.67 52-week high 743.17 (Oct 26, 2015) 52-week low 625.37 (Jan 21, 2016)
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    • Article, Illustration
      Lock icon STI / MSCI EAFE
      33 10 STI MSCI EAFE MSCI EAFE index Sept 2,2016 1,709.97 +15.47 (+0.91%) Current streak 2 days Day high 1,711.65 Day low 1,691.81 52-week high 1,779.25 (Oct 26, 2015) 52-week low 1,492.43 (Feb 12, 2016)
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    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 10 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 8 4 1 0 0 0 8 4 1 Manufacturing 44 24 24 11 9 9 55 33 33 Commerce 24 13 14 4 2 3 28 15 17 Tpt/Stor/Comms 23 5 4
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      121 10 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 14,735 14,735 50,113 50,113 Manufacturing 58,044 216,126 274,170 61,732 1,419 63,151 Commerce 249,618 6,986 256,604 101,444 198 101,642 Tpt/Stor/Comms 116,412 564 116,976 179,045 56 179,100 Finance 32,953 323 33,276 168,881 38 168,919 Construction 8,469 1,348
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    • Article
      Lock icon UNUSUAL ACTIVITY
      84 10 VOL CLOSE($) CHANGE Joyas Intl 10,053.0 0.003 -0.001 -25.00 Cedar Strategic 166,189.1 0.003 +0.001 +50.00 Metech Intl 2,300.2 0.003 +0.001 +50.00 Lung Kee Bermuda 6.8 0.225 +0.033 +17.19 Sen Yue 99.9 0.012 -0.007 -36.84 AA 1,003.0 0.098 +0.006 +6.52 Koon 9.3 0.110 -0.017 -13.39 Miyoshi 500.1 0.027 -0.005
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    • Article
      Lock icon GAINERS
      74 10 BY CENTS CLOSE UP 52w high/low DBXT Nifty50 ETF10 ***** 252.3 1.4 *****/***** JMH USD 6250 251.0 3.1 6254/4500 GLD US$ ***** 181.8 1.1 *****/***** DBXT MSKorea US$ 5910 146.5 1.9 5910/4629 Jardine C&C 4309 114.0 2.7 4520/2636 BY PERCENTAGE CLOSE UP 52w high/low Infinio 0.3 200.0 0.2 0.7/0.1
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    • Article
      Lock icon LOSERS
      77 10 BY CENTS CLOSE DOWN 52w high/low DBXT MSTHAI US$ 2002 -47.5 -1.7 2107/1419 IS ASIA BND S$D 1495 -28.0 -1.8 1523/1435 DBS Bk 4.7% NCPS ***** -20.0 -0.2 *****/***** DBXT Vietnam US$ 2413 -17.6 -0.5 2533/2017 Brook Crompton 31 -10.0 -24.4 73.5/30 BY PERCENTAGE CLOSE DOWN 52w high/low HSI*****MBePW*****9
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    • BROKERS’ TAKE
      • Article
        Lock icon Singapore telcos | Negative
        97 10 Singapore telcos Negative Maybank Kim Eng Research, Sept 5 WE downgrade M1 from “hold” to “sell” and StarHub from “buy” to “hold”, while Singtel remains a “hold”, after the Infocomm Development Authority of Singapore received three bids for the fourth telco licence. The appearance of three bidders, as well as
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      • Article
        Lock icon Office Reits | Neutral
        172 10 Office Reits Neutral RHB Research, Sept 5 MEDIA sources have reported that Guoco Tower has achieved pre-commitment leases of over 70 per cent. New tenants that have signed are a mix of finance and IT companies which include ING (which currently occupies 70,000 square feet in Republic Plaza), Palo Alto
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      • Article
        Lock icon Singapore tourism | Neutral
        190 10  - Singapore tourism Neutral Compiled by Jamie Lee OCBC Investment Research, Sept 5 FOLLOWING news of a Zika outbreak in Singapore, countries such as Australia and the United Kingdom, and Taiwan have issued travel advisories for travellers to Singapore. According to AsiaOne (Sept 2, 2016), hotels and travel agencies have reported
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    • Article
      Lock icon US$ dips vs yen following Kuroda’s comments
      395 11 CURRENCIES REUTERS London THE US dollar fell against the yen on Monday, after the head of the Bank of Japan (BOJ) disappointed those investors who had expected a clear signal that monetary policy would be eased further this month. The greenback hit a
      REUTERS  -  395 words
    • FOREX RATES
      • Article, Illustration
        Lock icon HANG SENG
        2 11
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      • Article
        Lock icon INTERBANK CROSS RATES
        471 11 Sep 5 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.984 5.074 0.680 5.893 50.495 99.941 0.786 8.393 3.094 1.037 79.305 35.345 1.031 10.937 0.743 23.853 26.401 0.571 0.760 Canada 1.016 5.157
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        Lock icon SHANGHAI COMPOSITE
        2 11
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      • Article, Illustration
        Lock icon DOW JONES
        2 11
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      • Article
        Lock icon INTERBANK CURRENCY RATES
        169 11 Sep 5 Againsl 55 Against uss CIAWEHCIBS Bid offer and mm ss/U55 to one unit of /n/elgll currmcv: Australian dollar 1.0305 1.0319 0.7597 0.7602 Canacllan dollar 1 (M75 1.0485 0.***** 0 7722 Eum ***** 1.5172 1;I’I'M 1.1177 NZ dollar 0.9938 0.9950 0.7326 0.7330 Smiling pound 1.8043 1.8059
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      • Article
        Lock icon US$/S$ FORWARD RATES
        22 11 Sep 5 S$ Bid Offer 1-month 1.3564 1.3575 2-months 1.3565 1.3577 3-months 1.3566 1.3577 6-months 1.3568 1.3581 Source: OCBC
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      • Article, Illustration
        Lock icon NIKKEI
        1 11
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    • EQUITY BONDS WARRANTS FUTURES
      • Article
        Lock icon BONDS, WARRANTS, PREFERENCE SHARES
        210 11 Most active Sep 5 Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left HSI ***** MB eCW*****9 15.3 3.6 4840 0.0 0 OCBC Bk MB eCW*****8 4.2 0.6 4025 0.1 915 4 DBS MB eCW*****1 12.1 1.4 3496 0.1 1550
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      • Article
        Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
        377 11 In local curr In S$ In US$ dy yr dy yr dy yr Sep 2 Index Change Change Change Change Change Change World Preliminary 1316.2 0.7 3.0 0.7 0.0 0.6 4.3 EAFE Preliminary 982.9 1.2 -3.0 1.0 -4.5 0.9 -0.4 Europe Preliminary 1414.9 1.8 0.2
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      • Article
        Lock icon SGX DERIVATIVES TRADING
        396 11 Sep 5 OPEN HIGH LOW SETT VOL OP/INT FTSE CHINA A50 INDEX FUTURES Sep16 9825.00 9915.00 9817.50 9867.50 *****1 *****2 Oct16 9850.00 9932.50 9850.00 9885.00 6162 2801 NIKKEI 225 INDEX FUTURES Sep16 *****.00 *****.00 *****.00 *****.00 ***** *****6 Dec16 *****.00 *****.00 *****.00 *****.00 ***** ***** MSCI TAIWAN
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    • BANK RATES
      • Article
        Lock icon INTERBANK RATES
        154 11 Sep 5 $S Offer Bid 0vernight 0.03 Par 1-month 0.625 0.375 2-months 0.8125 0.6875 3-months 0.875 0.75 Overnight mode: 0.13 US$ Offer Bid 7 days 0.55 0.45 1 month 0.60 0.50 2 months 0.80 0.60 3 months 0.90 0.70 6 months 1.25 1.05 9 months 1.45 1.25 12
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      • Article
        Lock icon GOVERNMENT SECURITIES
        65 11 Sep 5 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year NY*****A 4.000 01-Sep-18 106.32 106.30 106.27 5-Year NX*****X 2.250 01-Jun-21 104.44 104.55 104.33 10-Year NX*****F 2.125 01-Jun-26 103.4 103.35 103.23 15-Year NZ*****F 2.875 01-Sep-30 110.19 20-Year NZ*****X 2.250 01-Aug-36 102.34 30-Year NA*****H
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    • AGRI METALS ENERGY
      • Article
        Lock icon COMMODITY FUTURES
        250 11 Sep-2 Price Net change change Last Trade Agricultural Sep-2 CBOT Soybeans (US cents/bu) 968.50 9.50 0.99% 14/09/2016 CBOT Soybean Oil (US cents/lb) 32.66 0.46 1.43% 14/09/2016 CBOT Wheat (US cents/bu) 373.25 5.00 1.36% 14/09/2016 Sep-2 LIFFE Cocoa (£/tonne) 2290.00 -21.00 -0.91% 15/09/2016 LIFFE Coffee (US$/tonne) 1841.00 15.00 0.82%
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    • Article
      Lock icon SGX MAINBOARD
      1802 12 52-Wk Last Vol Day Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/Ep $mil Company Last Sale Vol ('000) High Day 149 127 AIMSAMP Cap Reit 140 +0.5 228 141 140 0.9 8.1 892.2 Div 144 101 ARA Asset Mgmt 137 unch 114 137.5
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    • Article
      Lock icon SGX CATALIST
      347 12 52-Wk Last Vol Day Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/E Last vol Day Div GrYld 0.6 0.1 t Advanced Systems 0.2 +0.1 20 0.2 0.2 5.3 45 29.5 t Advancer Global 43.5cd +0.5 704 44 43 17.3 75.3 High LOW 19.9
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    • Article
      Lock icon SGX ETF
      131 12 52-Wk Last Vol Day Div GrYld Net MCap High Low Counter Sale +/-(’000) High Low C’vr P/E Counter Last Sale vol 3211 2355 DBXT China50 US$ US3208 +68 4 3208 3184 8.8 Day 1357 995 DBXT MSCHINA US$ US1350 +27 56 1350 1343 5910 4629 DBXT MSKorea US$
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      Lock icon Page 7 Advertisements Column 1
      39 7 AccountServe A Stone Forest Company Globally Connected “Em Need Help with XBRL Reporting? 24 Hrs 8,000 turnaround time* reports since Nov 2007 *Terms conditions apply www.AccountServe.com.sg XBRL(a)AccountServe.com.sg T+65 6222 6868 FEDERAZIONE DELLE ASSOCIAZIONI NAZIONALI DELL'INDUSTRIA MECCANICA VARIA ED AFFINE
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      126 8 The SME Magazine: Coming to you with your copy of The Business Times tomorrow! IN THIS ISSUE GETTING INNOVATION RIGHT: Creating a culture to sustain innovation is just as important as installing fancy machinery and technology. ON A SUGAR HIGH: Cheng Yew Heng Candy Factory has been contributing to Singapore’s
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      1123 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 turnover
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  • Page 12 Advertisements
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      Lock icon Page 12 Advertisements Column 1
      88 12 Live Trading Mondays Learn the ropes of active trading from a professional trader at SGX Academy! Date 17 October 2016 Venue SGX Centre 1, Auditorium Time 9am 11.30 am For more information, visit sgx.com/academy Singapore Exchange VV been published for genial information only. It is not an offer or lancial
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      84 13 m kfi |i V y' W M 'v’\ so X *,v >7 J i BERITA HAKL4JN Anugerah m 2016 Dlsampaikan ki-puda Zuraidah Abdullah m Oleh IVrdana Mcntcri Encik Lee I Islon laxinx Pada 30 Ocos 2016 V: I 1 V I W/3f <hri *5 w 'y > 1 ■.m n
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  • REAL ESTATE
    • Article, Illustration
      Lock icon Farrer Square’s last 6 medical suites offered for sale via EOI
      530 14 The indicative asking price is about S$5,100 psf; five units are 527 to 753 sq ft, and one, a 1,012 sq ft penthouse unit Singapore THE top two strata floors of medical suites, comprising six units in the Farrer
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    • Article
      Lock icon Saudi state fund plans stake in big industrial zone: source
      616 14 The Public investment Fund to inject capital into the King Abdullah Economic City near Jeddah REUTERS Dubai SAUDI Arabia’s top sovereign wealth fund is negotiating to buy a stake in one of the kingdom’s most ambitious real estate projects as
      REUTERS  -  616 words
    • Article
      Lock icon Dubai plans new US$20b district in the city
      343 14 UTERS Dubai DUBAI Holding, the investment vehicle of the emirate’s ruler, has announced a US$20 billion project to develop a new district in the city, signalling the emirate plans to keep growing rapidly despite the impact of low oil prices on the
      UTERS  -  343 words
    • Article, Illustration
      Lock icon Alpha’s Draycott Eight units may go on the market soon
      599 15  -  It is said to have appointed Colliers, JLL to find bulk buyer for the 22 units; it paid S$2,300 psf for units in 2010 By Kalpana Rashiwala kalpana@sph.com.sg @KalpanaBT Singapore A STACK of 22 units in one of the three
      THE BUSINESS TIMES FILE PHOTO  -  599 words
    • Article, Illustration
      Lock icon New Frasers serviced residence to open in Putrajaya
      439 15  -  This will boost its Malaysian portfolio which is targeted to increase to 8 properties with over 2,400 units by 2019 By Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore FRASERS Hospitality Group, a division of Frasers Centrepoint, will be launching its first serviced residence in
      439 words
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      321 14 LAST 5 UNITS AT FARRER SQUARE MEDICAL SUITES FOR SALE Artist's Impression j| 5 M CUSHMAN WAKEFIELD Estate Agents Licence No: L*****33E •Located within a brand new mixed-use development Farrer Square (expected TOP Q4 2016) •Direct connection to Farrer Park MRT station and Park Hotel Farrer Park •Linked to upcoming
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      19 14 Show Off Your Prize Bull Call 1800 289 8822 or e-mail notices@sph.com.sg to place your New CEO Announcement Notices
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      155 14 Bedazzled! Black White Holland Avillafeel,aluxuriousvintagepiece,a blackandwhitethemewithtotalcomfort andeveryelementofmodernfinishyou couldhopefor.NestlednearHolland Village,itssensationaleleganceandclassic featurescombinethewhispersofyorewith seductionalamode.Apristinefinish,an easygenerousflowoflayout,anunbeatable location.Pool,lawns,patios,5bedrooms, allensuite.Comeandbedazzled. FOR SALE www.isabelredrup.com A boutique real estate agency See our amazing slideshow on: www.isabelredrup.com/ir62.php Call+65 *****190 email: susan@isabelredrup.com Agency Licence No: L*****87E CEA Registration No: R*****2I EdmundTie Luxurious Waterfront Bungalow Company At Sentosa Cove For Sa
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      449 15 Offices for Lease Knight Frank m KnightFrank.com.sg rtist's Impress id Fragrance Empire Building at 456 Alexandra Road Contiguous floors from 1,000sf to 9,000sf Ready for immediate occupation Attractive rental rates Ample car park lots and amenities Close to various foodcourts and cafes Covered walkway to Labrador Park MRT station and
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      114 15 §)jll Raintree Gardens Collective Sale By Tender r s 5? S- a! lla Located along Potong Pasir Ave 1 Land area 201,405 sf; GPR 2.8 700m from Potong Pasir MRT Station 4 MRT stops to Dhoby Ghaut MRT Station 200+ m direct frontage onto Kallang River Ideal for 600 748
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  • ENERGY & COMMODITIES
    • Article, Illustration
      Lock icon Saudis seen bolstering oil market share defence with Asian storage
      798 17 Oil storage in Japan, China can give the Saudis greater logistical flexibility to quickly tap local demand BLOOMBERG Tokyo SAUDI Arabia is poised to expand use of oil storage tanks in Japan and China, strengthening ties with its two largest
      BLOOMBERG; PHOTO: BLOOMBERG  -  798 words
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      Lock icon Surging China stainless steel output may reverse nickel slump
      570 17 REUTERS Melbourne A SURPRISE jump in stainless steel production this year in China, the world’s biggest nickel user, may reignite a rally in nickel prices as investors shift focus to demand from worries over Philippine supply. China’s output of nickel-bearing stainless
      REUTERS  -  570 words
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      592 17 Cjuatc, ITALIANO In partnership with HSBC<X> Si &usto f7fu/ta/io <Soent& The Art of Garibaldi Italian Restaurant Bar m DINING n. mi *> m* i .v ‘?C The Flavours of Autumn with the wines of Gianni Gagliardo 14 Sep 7pm Gattopardo $142.40++ (HSBC cardholders) $178.00++ (Other payment modes) On 14 September,
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  • TECHNOLOGY
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      Lock icon Sony’s games ace takes on Zuckerberg in VR race
      915 18 Shuhei Yoshida is determined to create first breakout hit ahead of headset’s introduction; demand is promising BLOOMBERG Tokyo SHUHEI Yoshida has reason to celebrate. The head of Sony Corp’s games development is six weeks away from the introduction of its first
      BLOOMBERG  -  915 words
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      Lock icon Mega-fair IFA dives head-first into VR
      659 18 AFP Berlin ALWAYS wanted to know what it would be like to watch a TV talk-show in the studio? Or zoom in on a particular player in a Bundesliga game rather than see a wide-shot of the field? The technology is there for such
      AFP; PHOTO: REUTERS  -  659 words
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      Lock icon Note 7 glitches offer a glimpse of Samsung Electronics’ next leader
      340 18 REUTERS Hong Kong THE Note 7 fires offer a glimpse of Samsung Electronics’ next leader. Exploding batteries have forced the US$230 billion tech giant to recall its latest smartphone. The fiasco might not leave much of a financial mark
      REUTERS  -  340 words
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      Lock icon To tame the rise of the robots, buy them!
      382 18 BLOOMBERG Frankfurt “WORKERS of the world, buy robots!” If Karl Marx were alive today, would this be the rallying cry he’d offer to workers whose jobs are threatened by the spread of automation in factories and offices? Maybe not. But it
      BLOOMBERG; PHOTO: BLOOMBERG  -  382 words
  • Page 18 Advertisements
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      696 18 NOTICES Advance Pioneer Holding Limited Business Company Number: *****05 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 Advance Pioneer Holding Limited commenced on 25 August 2016 and that Lia Shiow Jiuan Nicole of
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      540 18 In the Matter of The Companies Act, Cap. 50 And In the Matter of AAJ BUNKYO PTE. LTD. (Co. Reg. No.: *****5885N) (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 230 Victoria Street #12-08 Bugis Junction, Singapore *****4 on Monday,
      540 words
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      507 19 FORAGE INTO THE WORLD OF DIGITAL Who should attend: Business Owners, Entrepreneurs, Senior and Middle Management, PMETs, Marketing and Sales Professionals EXCLUSIVE HOT S E P 1 6 22THURSDAY SPH News Centre 1.30pm to 5.00pm GAINING AN INSIGHT INTO DIGITAL NEWSROOM FOR THAT BETTER STORY PITCH What you will learn:
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  • CONSUMER
    • Article, Illustration
      Lock icon Adidas looks to harness Instagram, Snapchat fans
      778 20 Global brands director is keen to ensure firm’s products and partnerships will help sustain its recent turnaround BLOOMBERG Frankfurt PASSED over for the top job, Adidas AG’s global brands director Eric Liedtke plans to stick around under his new boss and has fresh
      BLOOMBERG; FILE PHOTOS  -  778 words
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      Lock icon Americans fire up barbecue grills for cheap burgers as beef price tumbles
      705 20 BLOOMBERG Chicago WITH barbecue grills lighting up across the US this holiday, you might make that cheeseburger a double. After savouring cheap burgers all summer, Americans are enjoying the lowest ground-beef prices for this time of year since
      BLOOMBERG; FILE PHOTO  -  705 words
  • Page 20 Advertisements
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      51 20 HOT PROPERTY NEAR WOODLANDS MRT. 2300 sf. Well fully fitted w/meet-ing rm pantry. 24hr access Direct owner $500-$700 FITTED OFFICE Kaki Bukit Rd 3 Entrepreneur Biz Ctr. Aircon, wifi, carpeted Immed. Owner LOOKING FOR AN OFFICE SPACE TO RENT? Check out these properties and more in The Straits Times Classified
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      92 20 FRANCHISING LICENSING ASIA 2016 International Conference Workshop ENTER EXPAND INTERNATIONAL CONFERENCE EXPLORE 4 Oct, 9.00am 5.30pm) 6 Roundtable Discussions DANNY LEE Wingstop Restaurants, Inc ANEESH DEEPAK GOEL The Zest Group Come as a group of 2 4 pax and save 40% off published rates! Fees Registration: www.FranchiseLicenseAsia.com/cw-prog BIZUNK Exhibition Services
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      19 20 Q'/i #gamsia365 m mn rn^mn: SsKS EF si gamsia365.zaobao.sg xmitcm -eiRaiEfii i* f i ii i i! zaobao 5
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  • GOVERNMENT & ECONOMY
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      Lock icon HK’s pro-independence activists celebrate victory in LegCo polls
      762 21 AFP Hong Kong A NEW generation of young Hong Kong politicians advocating a break from Beijing became lawmakers for the first time on Monday, in a result likely to rattle China. It was the biggest poll since mass pro-democracy rallies in 2014
      AFP; PHOTOS : REUTERS, AFP  -  762 words
    • Article
      Lock icon India’s departing central banker offers a fresh warning
      953 21 Raghuram Rajan says low interest rates globally could distort markets and would be difficult to abandon NYT Mumbai THREE years before the 2008 global financial crisis, an Indian economist named Raghuram Rajan presciently warned a sceptical audience of top economic thinkers that
      NYT  -  953 words
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      Lock icon Malaysia abuzz as old foes Mahathir, Anwar join hands
      495 21 AFP Kuala Lumpur ONCE bitter foes, former Malaysian leader Mahathir Mohamad and the one-time protégé he jailed, Anwar Ibrahim, exchanged a previously-un-thinkable handshake on Monday that illustrated the country’s topsy-turvy politics. Dr Mahathir sparked a social media frenzy with a show
      AFP  -  495 words
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      25 21 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.sg
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      48 21 g i Singapore INTERNATIONAL INDIAN EXP***** (Jyndia came& ta wgm SUNTEC CONVENTION EXHIBITION CENTRE, HALL: 401 402 22nd 25th SEPTEMBER 2016,10AM TO 10PM EXHIBITION HIGHLIGHTS FOR ENQUIRIES CONTACT *****112 *****219 ORGANISED BY OFFICIAL OUTDOOR MEDIA SUPPORTED BY tablat An Sph event l| spHmbO ll'#' visit: www.siiexpo.com I www.facebook.com/SIIExpo/
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      1076 23 FOONG SUN SHIPPING (PTE) LTD INDONESIA SUMATRA PORTS VESSEL VOY ETA ETD DESTINATION BERJAYA I 14/16 09/09 11/09 BELITUNG/PKL BALAM SRIJAYA 8 24/16 08/09 10/09 JAMBI/PEKAN BARU CARAKA JN3 II 11/16 07/09 09/09 PALEMBANG/PANJANG BERJAYA II 11/16 07/09 09/09 BELAWAN/MALAHAYATI INDONESIA JAVA SULAWESI PORTS VESSEL VOY ETA ETD DESTINATION SIANIRI
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  • OPINION
    • Article
      Lock icon US and EU should examine their own domestic tax distortions
      614 24 THE European Union’s (EU) judgment against Apple Inc signals a new chapter in the tax wars that have been raging since the 2008 global financial crisis. EDITORIAL Revenue-starved Western governments have been looking for new sources that they can tax.
      614 words
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      Lock icon A new era of labour scarcity for the US?
      825 24  -  THE BOTTOM LINE By Robert Samuelson THE WASHINGTON POST WRITERS GROUP Washington FORGET the “gig economy” at least for now. On Labor Day 2016 (Monday, Sept 5, in the US), we are in the midst of a historic transformation of the
      THE WASHINGTON POST WRITERS GROUP  -  825 words
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      Lock icon California as a Latino metaphor for the GOP
      1604 24  -  Trump has adopted at national level former state governor Wilson’s approach on immigrants By Leon Hadar Washington YOUNG American voters would find it hard to believe. But for much of the second part of the 20th century, California was regarded as a
      PHOTO: AFP  -  1,604 words
    • Article
      Lock icon Greening buildings inside-out: A collective effort
      1069 25  -  COMMENTARY By John Keung T The writer is chief executive officer of Building and Construction Authority, Singapore WITH accelerated urbanisation across the globe, half of the world’s population 3.5 billion people now reside in cities and by 2050, most of the world will live
      1,069 words
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      Lock icon India’s e-retailers jostle for market share with an eye on Alibaba’s future move
      773 25  -  By Yogi Aggarwal T The writer is a Mumbai-based journalist THERE is a churning going on in the e-commerce space in India. The government announced recently a change in public procurement through e-commerce with the help of
      773 words
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      Lock icon Why corporates need a foreign policy nowadays
      1076 25  -  Last week’s landmark EU tax ruling against Apple underscores the growing potential for businesses to become intertwined in high-profile international political disagreements disagreements.By ANDREW HAMMOND T The writer is an associate at LSE IDEAS (the Centre for International Affairs, Diplomacy and Strategy) at
      PHOTO: AFP  -  1,076 words
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  • SME
    • Article, Illustration
      Lock icon Hungry for more
      1286 26  -  CEO Steen Puggaard says that 4Fingers aims to change the public’s definition of what fried chicken can be. BY VIVIEN SHIAO BY VIVIEN SHIAO vshiao@sph.com.sg @VivienShiaoBT WHEN it comes to fried chicken in Singapore, everyone seems to have an opinion. But one name that is consistently on
      1,286 words
    • Article
      Lock icon Sticking to its knitting ... and growing: The case of V3 Teletech
      844 26  - Sticking to its knitting and growing: The case of V3 Teletech By Nitin Pangarkar T The writer is associate professor in the Department of Strategy and Policy at National University of Singapore Business School. His BBA students Lim Xue Ting, Lee Jun Ting and Loh Ying Cong contributed to this
      844 words
  • Page 26 Advertisements
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      130 26 WHERE LEADERS SPARK IN-Tune draws out the thinkers and doers in the industry from innovators to key decision-makers. Join us to: Learn business insights and SME's key success factors Connect with fellow entrepreneurs discuss hot business topics Deepen networks with the SME community and partners Take the Quantum Leap to
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  • THINK GLOBAL THINK STANDARDS
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      Lock icon Gaining an innovative edge
      1846 27 In a world where competition is stiff, one way that companies in Singapore can stand out from the pack is through the use of new technologies such as the Internet-of-Things, automation, robotics and Smart-Nation initiatives. Industry leaders give their take on how Quality and Standards can
      PHOTO: REUTERS  -  1,846 words
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  • LIFE & CULTURE
    • Article
      Lock icon Iced coffee takes a back seat to cold brew
      1030 28 The magical caffeinated elixir that is suddenly everywhere, cold brew is a millennial’s drink WP ISeattle WE are too fancy for iced coffee anymore. Now we drink cold brew, the magical caffeinated elixir that is suddenly everywhere, from your fussy, independent
      WP  -  1,030 words
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      Lock icon Giant pandas no longer ‘endangered’ in China, says survey
      535 28 AFP Honolulu DECADES of conservation work in China have paid off for the giant panda, whose status was upgraded on Sunday from “endangered” to “vulnerable” due to a population rebound, officials said. The improvement for the giant panda (Ailuropoda melanoleuca) was
      AFP; PHOTO: AFP  -  535 words
    • Article, Illustration
      Lock icon Art exhibit based on a migrant tragedy stirs unease in Austria
      1150 28 NYT Nickelsdorf, Austria WHEN darkness descends on this farming village on the border with Hungary, the only lights left shining are often at the Jazzgalerie Nickelsdorf. Hans Falb, the owner of the cafe, has attracted music lovers to his
      NYT; PHOTO: NYT  -  1,150 words
  • Page 28 Miscellaneous
    • Miscellaneous
      Lock icon Page 28 Miscellaneous Column 1
      313 28 CRYPTIC CROSSWORD Across 1 That chap, youngster, accompanying a legendary queen (6) 4 Did turn in vehicle traversing ice (8) 9 Grave argument in pub (6) 10 Sustaining motion in meeting I later disrupted (8) 11 Author’s income from connections in high places (9) 13 Snake found in summer apparently
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