The Business Times, 9 September 2016

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Microfilm: NL33961
Total Pages: 31
1 32 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 GFriday, September 9, 2016
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  • Article, Illustration
    Lock icon DAILY DIGEST
    268 1 The food services sector is running out of manpower as ageing workers retire, and a major makeover will be required to reverse that trend, says dpm Tharman Shanmugaratnam. top stories 2 The impact of South China Sea tensions cannot be measured in dollars and cents but they have
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  • Article, Illustration
    Lock icon Doctors in uproar over third party administrators’ charges
    1104 1  -  Specialists say their margins are being squeezed by some TPAs charging doctors excessive cut of the total bill By Claire Huang huangjy@sph.com.sg @ClaireHuangBT Singapore SOME private-sector doctors are up in arms over the way some managed care companies in Singapore operate, in
    Compiled by BT  -  1,104 words
  • Article
    Lock icon Board tussle at SBI Offshore as PwC submits troubling report
    825 1  -  Findings by PwC on transactions involving a past associate reveal possible breach of securities rules B y Anita Gabriel anitag@sph.com.sg @AnitaGabrielBT Singapore SBI Offshore (SBIO) is facing turbulent times as its founder and its chief executive lock horns amid a
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  • Article
    Lock icon MARKETS
    28 1 Thursday Change STI 2,894.48 +0.83 KL COMP 1,691.38 +1.81 NIKKEI 225 16,958.77 -53.67 HANG SENG 23,919.34 +177.53 SHENZHEN B 1,192.66 -3.12 DOW (11.45 am EDT) 18,479.64 -46.50
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  • Page 1 Advertisements
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      Lock icon Page 1 Advertisements Column 1
      165 1 *****1 *****1 THE BUSINESS TIMES The L.U.C Collection Each part is a masterpiece The L.U.C Quattro is equipped with four independent barrels stacked in pairs and totalling a full 1.8 metres of spring. This patented mechanism ensures an exceptional nine-day power reserve and above all, amazing precision. Like every component
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      12 1 iPhone 7 Apple ditches earphone jack with iPhone 7 TOP STORIES 2
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      35 1 HOCK LOCK SIEW White knights may emerge for O&M sector COMPANIES MARKETS 7 SINGAPORE WRITERS FESTIVAL Mining the past to reshape the present BT LIFESTYLE 32 Medical concierges under fire for fee practices, Page 6
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  • TOP STORIES
    • Article
      Lock icon Food-services industry needs ‘major makeover’, says Tharman
      667 2  -  He highlights manpower crunch as ageing workers retire; launches blueprint that will chart the way forward By Renald Yeo yrenald@sph.com.sg Singapore THE food-services sector is running out of manpower as ageing workers retire, and this calls for a “major makeover” to reverse the
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    • Article, Illustration
      Lock icon Select Group opens Senoko headquaters
      477 2  -  By Renald Yeo yrenald@sph.com.sg Singapore RESTAURANT chain operator Select Group Limited on Thursday launched its new headquarters in Senoko South, which will enable it to expand its business capabilities and raise productivity. The S$60 million building has 200,000 sq ft of space which houses production
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    • Article, Illustration
      Lock icon Apple ditches earphone jack with iPhone 7
      682 2  -  Also new are S$238 AirPods wireless headphones which have a five-hour battery life and a charging case By Christopher Lim limchris@sph.com.sg @ChrisLimBT Singapore APPLE cut its last remaining nonproprietary physical standard from its new iPhone 7 and iPhone 7 Plus, which was announced
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    • Article
      Lock icon Oil production can still be more efficient, says Statoil
      645 2  -  By sandrea@sph.com.sg Andrea Soh sandrea@sph.com.sg @AndreaSohBT Singapore THERE are still additional efficiency gains that can be made in producing oil, said Statoil, the third-largest net seller of crude oil in the world. Such sentiments, if shared across other large oil producers,
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    • Article
      Lock icon Correction
      58 2 IN “Afro Asia Building owner said to be partnering Shimizu for redevelopment” (BT, Aug 26), we wrongly reported that a dispute within the Tan family that owns Afro-Asia Shipping Company was resolved last year. We have since been told that the dispute remains the subject of various appeals before
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    • Article
      Lock icon South China Sea tensions have hurt regional prosperity: PM Lee
      799 4  -  He adds that countries’ perspectives on issues take time to evolve, and they need to navigate problems together ASEAN SUMMIT By Soon Weilun soonwl@sph.com.sg @SoonWeilunBT Vientiane, Laos THE impact of South China Sea tensions cannot be measured in dollars and
      799 words
    • Article
      Lock icon New HDB town in Tengah to be ‘forest town’
      395 4  -  By Renald Yeo yrenald@sph.com.sg Singapore THE first public housing estate to be developed in two decades, Tengah, will be markedly different from existing estates. It will feature a car-free town centre; its lush greenery and community farms will also set it
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    • Article
      Lock icon Asean buys time for unity in face of larger states’ dominance
      725 4  -  By agreeing not to mention the international court ruling in South China Sea statements, the bloc was able to cobble deals with China on code of conduct COMMENTARY By Soon Weilun soonwl@sph.com.sg @SoonWeilunBT Vientiane, Laos THE 10 Asean states
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    • Article, Illustration
      Lock icon Dell Technologies says it’s committed to Asia
      1056 6  -  It says the merger will help customers to transform their IT and protect their most important asset, information By Amit Roy Choudhury amit@sph.com.sg @AmitRoyCBT Singapore THE Asia-Pacific including Japan (APJ) will continue to remain a key market for Dell Technologies, which on Thursday
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    • Article
      Lock icon Medical concierges under fire for fee practices
      384 6  -  HEALTH INSURANCE By Claire Huang huangjy@sph.com.sg @ClaireHuangBT Singapore EVEN as some third party administrators (TPAs) come under fire from a number of doctors who are upset with their fee practices, medical concierges’ charges have also been called into question by some healthcare players.
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    • Article, Illustration
      Lock icon Insurer FWD upbeat about selling direct to consumers online
      749 6  -  By Claire Huang huangjy@sph.com.sg @ClaireHuangBT Singapore THERE are perks to being new even as the insurance market here gets more competitive and for composite insurer FWD Singapore, starting from a clean slate allows it to try what others dare not to
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      257 3 Victoria Park Villas The Crown of District 10 m A m U mdmk m m .v ft ■r ‘.f--SB m >R»m t e 4. h: ft an w\ m ay V r> -V” NTS' <£ an JC aw 3S«fc < 3! >••• Js»* EH 0 c SJ it- a i
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  • Page 4 Advertisements
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      161 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 guitarist
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      17 4 Beef Up Your Finances Call 1800 289 8822 or e-mail notices@sph.com.sg to publicise your IPOs other offerings
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      15 4 Brand Your Assets Call 1800 289 8822 or e-mail notices@sph.com.sg to publicise your Financial Statements
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      138 5 THE FIRST-EVER INFINITI BORN TO CHALLENGE Introducing the first-ever INFINITI Q30. Combining the sportiness of a coupe and the empowered stance of a crossover, it challenges conventions and breaks new ground. With an unprecedented design, assistive technology and responsive handling, discover why the INFINITI Q30 is a daring departure from
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      97 6 MEDIA CENTRE; GENTING LANE B1 INDUSTRIAL SPACE FOR RENT Fully fitted air-cond industrial office with carpet Area from 700 sq ft to 7,653 sq ft Interested, please call Shawn at 9694 5349 rx r X INDUSTRIAL/WAREHOUSE SPACE FOR RENT 2 Jurong Port Road, SPH Print Centre Area from 2325 1
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      11 6 Dell gets bigger and Hewlett-Packard smaller in separate deals, Page 20
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  • COMPANIES & MARKETS
    • Article
      Lock icon Investors can no longer ignore climate change: BlackRock
      521 7  -  investment analyses need to include climate factors, says asset manager By Andrea Soh sandrea@sph.com.sg @AndreaSohBT Singapore INCREASING climate-related market risks mean that investors can no longer ignore climate change, BlackRock Investment Institute (BII) has said. In a report released this week, the
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    • Article
      Lock icon Trendlines, B Braun team up to invest in healthcare incubator
      361 7  -  By Jacquelyn Cheok jaccheok@sph.com.sg @JacCheokBT Singapore SINGAPORE-LISTED Israeli medical and agricultural tech incubator Trendlines Group and German medical device manufacturer B Braun are joining forces for a platform to invest in and incubate early-stage healthcare companies with a focus on
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    • Article
      Lock icon PEs and VCs may emerge as O&M white knights
      758 7  -  But this needs to be preceded by lenders taking the necessary haircuts HOCK LOCK SIEW BY TAN HWEE HWEE hweetan@sph.com.sg @HweetanBT THE bottom for exploration and production spending is near, Pareto Securities proclaimed in an August research note drawing from its
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    • Article, Illustration
      Lock icon PTC Logistics is on an expansion path
      891 8  -  Chairman says e-commerce is part of the homegrown logistics firm’s growth plans By Lynette Khoo lynkhoo@sph.com.sg @LynetteKhooBT Singapore POH Tiong Choon Logistics (PTC Logistics) is training its eyes on growth areas such as e-commerce, with plans to hire more IT and e-commerce experts
      FILE PHOTO  -  891 words
    • Article, Illustration
      Lock icon Going places with digital signs and more
      1218 8  -  TOV Virtual Singapore is expanding its range of products. BY TAN EFFIE taneffie@sph.com.sg HE STARTED out as a one-man band going from door to door, and making cold calls on companies. It was June 2012. Six months later, his first order came in.
      PHOTO: AIDAN LOO  -  1,218 words
    • Article
      Lock icon TEE International awarded S$95m worth of contracts
      310 9  -  By Tan Hwee Hwee hweetan@sph.com.sg @HweetanBT Singapore TEE International Ltd, together with its subsidiaries and associated companies, were awarded new engineering contracts worth about S$95 million from August to September 2016. This brings the group’s total outstanding order book to about S$324 million.
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    • Article
      Lock icon Olam sells US$150m senior notes
      290 9  -  By Tan Hwee Hwee hweetan@sph.com.sg @HweetanBT Singapore OLAM International has sold a US$150 million five-year senior notes under its US$5 billion euro medium term note programme. The notes with a coupon of 4.5 per cent will be issued under second tranche Series 10 and will
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    • CORPORATE DIGEST
      • Article
        Lock icon United Overseas Bank
        34 9 FITCH Ratings has assigned United Overseas Bank’s HK$700 million 3.19 per cent Basel III-compliant Tier 2 subordinated notes due August 2028 a rating of “A+”, the rating agency said on Thursday.
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      • Article
        Lock icon Oceanus Group
        122 9 SEAFOOD supply chain manager Oceanus has signed a binding term sheet with two of three of its key creditors for a proposed debt restructuring. The total debt balance held under the two key creditors, Ocean Wonder International and BW investment, amounts to S$71.85 million, representing 82.8 per cent
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      • Article
        Lock icon Yoma Strategic
        29 9 yoma Strategic said on Thursday that its subsidiary, Convenience Prosperity Company, has been appointed by J C Bamford Excavators as the exclusive distributor for the Myanmar market.
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    • Article
      Lock icon S-Reits’ total returns average 14.2% so far this year
      593 9  -  Distribution yields average 6.7%, beating the 3.9% for both STI and MSCI World Reit Index By Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore SINGAPORE’S real estate investment trusts (S-Reits) have achieved an average distribution yield of 6.7 per cent so far this year,
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    • Article, Illustration
      Lock icon STI / Catalist
      62 10 STI Catalist Straits Times Index Sept 8,2016 2,894.48 +0.83 (+0.03%) Current streak 1 day Day high 2,898.04 Day low 2,878.56 52-week high 3,083.07 (Oct 26, 2015) 52-week low 2,532.70 (Jan 21,2016) FTSE ST Catalist index Sept 8,2016 443.56 +5.42 (+1.24%) Current streak 4 days Day high 443.56 Day low 436.26
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    • Article, Illustration
      Lock icon STI manages to stay in the black
      625 10  -  UOB-Kay Hian has “overweight” recommendation for banking sector while Maybank Kim Eng keeps “negative” view STOCKS By R Sivanithy sivan@sph.com.sg @RSivanithyBT MONDAY’S column highlighted the year’s starting level for the Straits Times Index (STI) of 2,882 as presenting formidable resistance because the index
      Source: Bloomberg  -  625 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 250 unch 250/247 257 209 6.1 6948.1 CapitaCom Trust 164 +3 164/162 164 127 5.3 4850.1 CapitaLand 320 +1 321/315 340 267 12.8 2.8 *****.6 CapitaMall Trust 215 -3 217/214 225 185
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    • Article
      Lock icon MOST ACTIVE
      34 10 VOLUME Noble 207,920,900 Ezra 182,096,400 Addvalue Tech 110,184,800 AusGroup 54,561,900 Vallianz 47,804,600 Market volume 1,864,153,000 VALUE UOB 96,742,811 Singtel 56,847,006 DBS Grp 45,526,525 JMH USD 40,359,974 OCBC Bank 35,606,297 Market value 1,037,175,000
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    • Article
      Lock icon SGX ETFS
      104 10 Most Active Fund Last sale +/-(‘000) Day high/low 52w high/low Buy/Sell Mcap IS MS INDIA US$ US753 238 753/751 772/575 753/756 94.1 STI ETF 293 126 294/293 314/254 293/295 DBXT MSPHILS US$ US205.5 -6.4 119 208.1/205.5 222.5/158.5 208.8/209.6 16.4 Lyxor Asia US$ US506 +13 68 506/506 506/388 492/507
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    • Article
      Lock icon OTHER SINGAPORE INDICES
      77 10 Sep 8 VALUE CLOSE BT OB/OS 38.00 +91.00 BT CADI -*****.00 +43.00 BT 10-day MA -*****.00 +4.00 FTSE ST Mid Cap 696.35 +2.40 FTSE ST Small Cap 387.21 +2.46 FTSE ST All Share 710.54 +0.24 FTSE ST China Top 161.44 +0.90 FTSE ST China 193.97 -0.37 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 8, 2016 710.54 +0.24 (+0.03%) Current streak 1 day Day high 710.80 Day low 707.10 52-week high 743.17 (Oct 26, 2015) 52-week low 625.37 (Jan 21, 2016)
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      Lock icon STI / MSCI EAFE
      33 10 STI MSCI EAFE MSCI EAFE index Sept 7,2016 1,734.72 +5.21 (+0.30%) Current streak 5 days Day high 1,738.14 Day low 1,728.47 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 6 9 2 1 0 0 7 9 2 Manufacturing 33 29 29 8 6 9 41 35 38 Commerce 22 21 10 6 2 5 28 23 15 Tpt/Stor/Comms 21 7 5
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      123 10 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 19,674 310 19,984 65,245 51 65,296 Manufacturing 102,971 100,096 203,067 107,327 3,453 110,780 Commerce 240,197 90,159 330,356 139,499 1,654 141,153 Tpt/Stor/Comms 250,174 903 251,077 137,933 89 138,022 Finance 25,124 27 25,151 211,645 4 211,649 Construction
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    • Article
      Lock icon UNUSUAL ACTIVITY
      83 10 VOL CLOSE($) CHANGE Southern Pkg 84.4 0.425 -0.075 -15.00 OEL 3,506.9 0.010 +0.002 +25.00 Artivision Tech 11,131.3 0.018 +0.004 +28.57 Jiutian Chemical 4,024.0 0.016 +0.003 +23.08 Charisma Energy 34,885.7 0.010 +0.002 +25.00 Loyz Energy 30,931.7 0.018 +0.004 +28.57 Allied Tech 79.2 0.030 +0.010 +50.00 Ezra 182,096.4 0.058 +0.015
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    • Article
      Lock icon GAINERS
      72 10 BY CENTS CLOSE UP 52w high/low SPDR S&P500 US$ ***** 51.2 0.2 *****/***** JSH USD 3348 37.7 0.8 3417/2524 DBXT MSAsExJp US$ 3616 28.3 0.6 3633/2772 Isetan 380 20.0 5.6 450/320 Lyxor Asia US$ 506 17.5 2.6 506/388 BY PERCENTAGE CLOSE UP 52w high/low Next-Gen Sat 0.3 200.0 0.2
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    • Article
      Lock icon LOSERS
      73 10 BY CENTS CLOSE DOWN 52w high/low DBS Bk 4.7% NCPS ***** -128.0 -1.2 *****/***** Jardine C&C 4290 -81.0 -1.9 4520/2636 Hyflux 6% CPS 9630 -70.0 -0.7 *****/9200 JMH USD 6199 -68.7 -0.8 6371/4500 DBXT MSTHAI US$ 1984 -40.4 -1.5 2107/1419 BY PERCENTAGE CLOSE DOWN 52w high/low InnoPac 0.1 -50.0
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    • BROKERS’ TAKE
      • Article
        Lock icon Yangzijiang shipbuilding Hold
        164 10 Target price: S$0.81 Sept 8 close: S$0.79 OCBC Investment Research, Sept 8 IN the past few months, Yangzijiang Shipbuilding has streamlined its business, first disposing of its real estate development assets, next selling its indirect interest in PPL Shipyard and finally disposing of its entire 20 per
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      • Article
        Lock icon CEI | Add
        118 10 CEI Add Target price: S$1.04 Sept 8 close: S$0.84 CIMB Research, Sept 7 CEI derives about 50 per cent of its sales from the medtech/life science sector; its customers’ products are used for chromatographs, analysers and atomic absorption. These products are typically deployed in the fields of drug discovery, materials
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      • Article
        Lock icon Singapore O&G | Buy
        181 10  - Singapore O&G Buy Compiled by Jamie Lee Target price: S$1.43 Sept 8 close: S$1.15 UOB Kay Hian Research, Sept 6 WHILE Zika is generally a mild disease, an infection during pregnancy may cause more serious complications such as birth defects in unborn children. With the outbreak quadrupling to over 200
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    • Article
      Lock icon CALENDAR
      7 10 DATA I Sept 9 China CPI
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    • Article
      Lock icon Euro at 2-week high as ECB holds rates steady
      394 11 CURRENCIES REUTERS London THE euro hit a two-week high on Thursday after the European Central Bank (ECB) left interest rates unchanged and stopped short of a formal commitment to further expand its huge asset-purchase programme. The ECB repeated that it would
      REUTERS  -  394 words
    • FOREX RATES
      • Article, Illustration
        Lock icon HANG SENG
        2 11
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      • Article
        Lock icon INTERBANK CROSS RATES
        471 11 Sep 8 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.992 5.142 0.685 5.985 51.236 100.986 0.784 8.426 3.119 1.032 80.518 36.196 1.039 10.807 0.748 24.140 26.761 0.578 0.772 Canada 1.008 5.182
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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
        155 11 Sep 8 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.0390 1.0400 0.7715 0.7718 Canadian dollar 1.0470 1.0481 0.7778 0.7775 Euro 1.5172 1.5186 1.1266 1.1270 NZ dollar 1.0064 1.0077 0.7473 0.7478 Sterling pound 1.7969 1.7984 1.3343 1.3346
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      • Article
        Lock icon US$/S$ FORWARD RATES
        22 11 Sep 8 is am oh 1-monm 1.***** 1‘.'9J73 2-months 1.34.60 1.3470 3-months I.3a¢5f9 ***** 6-months 1.3453 13.459 Source: OCBC
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        Lock icon NIKKEI
        1 11
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    • EQUITY BONDS WARRANTS FUTURES
      • Article
        Lock icon BONDS, WARRANTS, PREFERENCE SHARES
        208 11 Most active Sep 8 Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left DBS MB eCW*****1 13.7 -0.4 5715 0.1 1550 5 UOB MB eCW*****1 10.9 0.1 2845 0.1 1880 5 Ezion Holdings W*****4 5.1 1.1 1860 1 45 76
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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 7 Index Change Change Change Change Change Change World Preliminary 1318.4 0.0 3.2 -0.1 -0.4 0.0 5.0 EAFE Preliminary 985.8 0.2 -2.7 0.2 -4.1 0.3 1.1 Europe Preliminary 1415.3 0.5 0.2
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      • Article
        Lock icon SGX DERIVATIVES TRADING
        402 11 Sep 8 OPEN HIGH LOW SETT VOL OP/INT FTSE CHINA A50 INDEX FUTURES Sep16 9860.00 9885.00 9835.00 9857.50 ***** *****4 Oct16 9872.50 9905.00 9867.50 9882.50 2670 9831 NIKKEI 225 INDEX FUTURES Sep16 *****.00 *****.00 *****.00 *****.00 ***** *****7 Dec16 *****.00 *****.00 *****.00 *****.00 ***** *****3 MSCI TAIWAN
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    • AGRI METALS ENERGY
      • Article
        Lock icon COMMODITY FUTURES
        250 11 Sep-7 Price Net change change Last Trade Agricultural Sep-7 CBOT Soybeans (US cents/bu) 991.75 17.50 1.80% 14/09/2016 CBOT Soybean Oil (US cents/lb) 32.81 0.05 0.15% 14/09/2016 CBOT Wheat (US cents/bu) 375.25 4.25 1.15% 14/09/2016 Sep-7 LIFFE Cocoa (£/tonne) 2281.00 4.00 0.18% 15/09/2016 LIFFE Coffee (US$/tonne) 1902.00 35.00 1.87%
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    • BANK RATES
      • Article
        Lock icon INTERBANK RATES
        154 11 Sep 8 $S Offer Bid 0vernight 0.02 0.01 1-month 0.625 0.375 2-months 0.8125 0.6875 3-months 0.875 0.75 Overnight mode: 0.01 US$ Offer Bid 7 days 0.55 0.45 1 month 0.63 0.53 2 months 0.80 0.60 3 months 1.00 0.80 6 months 1.30 1.10 9 months 1.50 1.30 12
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      • Article
        Lock icon GOVERNMENT SECURITIES
        65 11 Sep 8 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year NY*****A 4.000 01-Sep-18 106.36 5-Year NX*****X 2.250 01-Jun-21 104.96 105.20 105.00 10-Year NX*****F 2.125 01-Jun-26 104.15 104.50 104.40 15-Year NZ*****F 2.875 01-Sep-30 111.26 111.85 111.85 20-Year NZ*****X 2.250 01-Aug-36 103.56 104.10 103.70
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    • Article
      Lock icon SGX MAINBOARD
      1733 12 52-Wk Last Vol Day Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/Ep $mil Company Last Sale Vol ('000) High Day 149 127 AIMSAMP Cap Reit 141.5 unch 683 142 141 0.9 8 901.8 Div 144 101 ARA Asset Mgmt 138.5 -1 447 140
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    • Article
      Lock icon SGX CATALIST
      350 12 52-Wk Last Vol Day Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/E Last vol Day LOW 5 1.7 t Acesian Partners 3.2 +0.2 856 3.2 3 4.4 11.9 GrYld Net 46.5 29.5 t Advancer Global 45cd +1 4665 46.5 44.5 17.9 77.9 HiBh
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    • Article
      Lock icon SGX ETF
      131 12 52-Wk Last Vol Day Div GrYld Net MCap High Low Counter Sale +/-(’000) High Low C’vr P/E Counter Last Sale 1210 991 CIMBASEAN40 S$D 1195 +6 0 1195 1195 vol 3240 2355 DBXT China50 US$ US3240 +9 2 3240 3240 8.9 Day 1378 995 DBXT MSCHINA US$ US1368
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      679 7 RICKMERS MARITIME Registration Number: *****03 (Constituted under the laws of Singapore) Managed by Rickmers Trust Management Pte. Ltd. NOTICE OF INFORMAL MEETING OF NOTEHOLDERS NOTICE IS HEREBY GIVEN that Rickmers Trust Management Pte. Ltd., in its capacity as trustee-manager (the “Trustee-Manager”) of Rickmers Maritime (the “Trust”) will be holding an
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      118 7 Sotheby's ee Collectors gather here. PATEK PHILIPPE A platinum tonneau-shaped automatic minute repeating perpetual calendar wristwatch with retrograde date, moon phases and leap year indication Ref 5013P circa 2004 Estimate HK$2,800,000-3,800,000 US$360,000-489,000 To be sold in Hong Kong, Important Watches auction, 5 October 2016 m j 15 17 fi \A
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      21 8 Enqaqinq you every moment bad sg £r Get your essential news and infotainment now on www.zaobao.sg SHIN *2 MIN Lianhe Wanbao
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      83 8 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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      28 9 Blow your own trumpet Buy new musical instruments or put up your old ones for sale in CLASS 72 To advertise, call the Print Classified Hotline: 1800-289 9988
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      353 9 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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      83 12 SGX== SGX My Gateway Stay informed about Singapore’s stock market with regular market updates, research reports and corporate actions. Sign up on sgx.com/mygateway now. Singapore Exchange W P i to This advertisement has been published for general circulation only. It is not an offer or solicitation to buy or sell,
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      258 13 TRADE-IN and get CASH VOUCHERS* to spend at COMEX! Receive FREE* 1 YEAR Internet Security subscription (worth USD79.95) by Kaspersky Get exclusive deals* for Samsung products Enjoy $200 off* selected Lenovo laptop models for the first 100 trade in customers *Terms Conditions apply. Visit www.comexshow.com.sg/tradein for more information. L6 IMPROVE
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  • BANKING & FINANCE
    • Article, Illustration
      Lock icon Credit Suisse replaces head of global markets
      1004 14 Timothy O’Hara leaves after 10 months running the bank’s largest division BLOOMBERG Zurich CREDIT Suisse Group AG’s Timothy O’Hara is leaving after 10 months running the bank’s largest division and will be replaced by a deputy who leads the trading unit that blindsided
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    • Article
      Lock icon Newest Canadian bank aims to woo country’s Chinese families
      560 14 BLOOMBERG Toronto CANADA’S newest bank aims to woo Chinese Canadians with high-interest savings accounts, term deposits and mortgages in the nation’s two hottest housing markets. Wealth One Bank of Canada wants to become the preferred bank for Canada’s Chinese community, said
      BLOOMBERG  -  560 words
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      2306 14 NOTICES TOLL FREE 1800-289-8822 I Email notices@sph.com.sg I www.sphclass.com.sg/notices A FORELAND ABRICTECH FORELAND FABRICTECH HOLDINGS LIMITED (Company Registration Number: *****) (Incorporated in in Bermuda) NOTICE OF SPECIAL GENERAL MEETING All capitalised terms contained herein shall, unless otherwise defined in this Notice, hear the respective meanings ascribed thereto in the circular
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      455 14 IN THE MATTER OF THE COMPANIES ACT (CAP. 50) AND IN THE MATTER OF LNG PLUS INTERNATIONAL TRADING PTE. LTD. (IN MEMBERS’ VOLUNTARY LIQUIDATION) COMPANY REGISTRATION NO. *****4777H NOTICE OF RESOLUTIONS NOTICE IS HEREBY GIVEN THAT AT AN EXTRAORDINARY GENERAL MEETING OF THE COMPANY DULY CONVENED AND HELD AT B-06-1,
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      236 14 In the Matter of The Companies Act, Cap. 50 And In the Matter of (1) TANGLIN INVESTMENTS (PRIVATE) LIMITED (In Members’ Voluntary Liquidation) (Co. Reg. No. *****0080D) (2) DOLLAR HOLDINGS (PRIVATE) LIMITED (In Members’ Voluntary Liquidation) (Co. Reg. No. *****0238R) (3) LIM NOMINEES (PRIVATE) LIMITED (In Members’ Voluntary Liquidation) (Co.
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  • ENERGY & COMMODITIES
    • Article
      Lock icon China tax crackdown threatens to curb ‘teapot’ refiners’ demand
      568 15 Private refiners’ future will be a hot topic at the annual Asia Pacific Petroleum Conference in Singapore this week BLOOMBERG Singapore EVERYONE wants a share of the world’s hottest oil market, including China’s taxman. Purchases by the country’s independent refiners, granted
      BLOOMBERG  -  568 words
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      Lock icon Planned coal-fired power generation dips 14%, says study
      465 15 REUTERS Oslo THE amount of coal-fired power generation under development worldwide has shrunk by 14 per cent this year, driven down by China as it struggles with oversupply and tries to promote cleaner energy, a study showed on Wednesday. India also introduced
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      646 15 Qudt< r ITA LIANG In partnership with HSBC4X> ffit'S fo f/ta/ta/io (Soetite The Art of DINING V 'A' /I y A ,.3£ C Gattopardo Ristorante di Mare S' V l iSSc e! «saj O n W aflr The Flavours of Autumn with the wines of Gianni Gagliardo 14 Sep 7pm
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      2070 16 / 17 Celebrating years of development66 Message Mr Ow Chio Kiat Executive Chairman, Singapore Shipping Corporation Ltd In 1939, when I was fifteen years old, my father passed away unexpectedly. As the eldest of eight children (seven boys and one girl), I felt the obligation and responsibility to take care of my
      2,070 words
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  • REAL ESTATE
    • Article
      Lock icon HDB resale volume up 19.5% in August: SRX
      506 18  -  Prices slip 0.7% with much of the drag coming from 3-room and 5-room flats By Lynette Khoo lynkhoo@sph.com.sg @LynetteKhooBT Singapore HDB resale transactions in August rose 19.5 per cent to 1,879 flats, compared to a month ago as prices slipped 0.7 per
      506 words
    • Article, Illustration
      Lock icon Banyan Tree partners Nef for Turkey resort
      338 18  -  By Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore RESORT and hotel developer Banyan Tree on Thursday said it is opening its first resort hotel in Turkey with Turkish developer Nef. This will be Nef’s first project outside of Istanbul. The 70-key resort, called Banyan Tree
      338 words
    • Article
      Lock icon M’sia to allow developers to offer loans
      586 18  -  By Pauline Ng btworld@sph.com.sg Kuala Lumpur PUTRAJAYA plans to open the door for qualified developers to provide home loans to buyers amid a stricter lending climate which has hurt property sales. Property players say the measure could help developers sell more stock in
      586 words
    • Article, Illustration
      Lock icon Two more Starwood brands to arrive in Singapore
      627 19  -  Two boutique hotels, each from The Luxury Collection and Tribute Portfolio, will launch this year and next By Nisha Ramchandani nishar@sph.com.sg @Nisha_BT Singapore TWO more Starwood brands The Luxury Collection and Tribute Portfolio will make their debut in Singapore this year and
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    • Article
      Lock icon S’pore property owners win big for sustainability
      284 19  -  By Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore SINGAPORE property owners were rewarded for their sustainability efforts in the 2016 Global Real Estate Sustainability Benchmark (GRESB) Real Estate Assessment results out on Thursday. CapitaLand was crowned regional sector leader of Asia in one of the
      284 words
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      2706 18 NOTICES TOLL FREE 1800-289-8822 I Email notices@sph.com.sg I www.sphclass.com.sg/notices GKE CORPORATION LIMITED (Company Registration No. *****1941G) (Incorporated In the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting (“AGM”) of GKE Corporation Limited (the “Company”) will be held at 30 Pioneer Road,
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      16 18 Grow Your Stock Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Mergers Acquisitions Notices
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      717 19 D04 HOUSE FOR SALE SENTOSA COVE $11.5M Only! Sentosa Cove Bunglw! Brand New! 7600/ 7000 sf. 5+1+1. Pool, rooftop jacuzzi, park 4 cars. 9487 0396 CRE D10 HOUSE FOR SALE ANDY CHENG 9227 2638 EWART PARK GCB Ewart Park. 16,000/7000 sf. 2-sty basement. 5+1 rms. Park 4 cars. Lush greenery.
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  • TECHNOLOGY
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      198 20 NOTICES TOLL FREE 1800-289-8822 I Email notices@sph.com.sg I www.sphclass.com.sg/notices IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF LILY MUSIC SCHOOL PTE. LTD. Company Registration No. *****9618E (IN MEMBER’S VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308(1) of
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      1165 21 NOTICES (Incorporated in the Republic of Singapore) (Company Registration Number: *****1039W) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of San Teh Ltd (the “Company”) will be held at Village Hotel Katong, Saffron Ballroom, Level 4, 25 Marine Parade, Singapore *****6 on 26 September
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      311 21 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF YING TAI BIO-TECHNOLOGY PTE. LTD. (IN MEMBERS’ VOLUNTARY LIQUIDATION) CO. REG. NO. *****6554Z NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that, pursuant to Section 308 of the Companies Act, Chapter 50, the Final Meeting of
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      167 21 P@K QCC 4TV) 5%!!M 9BTV @CLC!CF<%TV J> J 8%@CF<T@ T* <’C :TXBJV1M @CXJ%V J> <’C :’J%@XJV T* <’C 0CX9VC@J<%TV :TXX%<<CC JVD J XCXHC@ T* <’C ?9D%< :TXX%<<CC JVD OTX%VJ<%V) :TXX%<<CC JVD 5%!! HC FTV>%DC@CD %VDCBCVDCV< *T@ <’C B9@BT>C T* 09!C &I+U#S T* <’C Q%><%V) PJV9J! T* <’C /%V)JBT@C 63F’JV)C /CF9@%<%C>
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  • CONSUMER
    • Article, Illustration
      Lock icon A land eager to look rich: luxury brands edge into Myanmar
      961 22 Overseas luxury brands are beginning to sell watches and other goods in Yangon, with an eye towards future sales NYT Yangon “EVERY man has a crazy hobby,” said Thiri Thein Than, a car engineer from Yangon who also has
      NYT; PHOTO: NYT  -  961 words
    • Article, Illustration
      Lock icon New era for F1 as Liberty agrees on US$8b takeover
      658 22 AFP Washington FORMULA One entered a new era on Wednesday as US billionaire John Malone’s Liberty Media agreed to a takeover that values the motorsport at US$8 billion and raises questions over the role of its colourful, long-time mastermind, Bernie
      AFP  -  658 words
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      995 22 NOTICES T O L L F R E E 1 8 0 0 -2 8 9 8 8 2 2 I E m a i l n o t i c e s s p h c o m s g I w w w s p h c l
      995 words
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      1210 22 KOH BROTHERS GROUP LIMITED (Unique Entity Number: *****0775D) (Incorporated in Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an EXTRAORDINARY GENERAL MEETING (the “EGM”) of Koh Brothers Group Limited (the “Company”) will be held at Serangoon Gardens Country Club, Kensington Ballroom (Heliconia Wing, Level 2), 22 Kensington
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  • GOVERNMENT & ECONOMY
    • Article, Illustration
      Lock icon ECB’s Draghi looking at options to drive QE forward
      839 23 Euro hits two-week high, bond yields rise across eurozone, stock markets fall in reaction REUTERS AFP Frankfurt EUROPEAN Central Bank (ECB) president Mario Draghi said on Thursday that the bank was looking at options to ensure that it could pursue its
      REUTERS; AFP  -  839 words
    • Article
      Lock icon Fed sees modest economic growth amid ‘slight’ inflation
      414 23 BLOOMBERG Washington THE US economy grew at a modest pace in July and August as a strong labour market failed to put much upward pressure on wages and prices, a Federal Reserve report showed. “In general, expectations of wage growth for the
      BLOOMBERG  -  414 words
    • Article
      Lock icon China August imports up 1.5%, exports down 2.8%
      494 23  -  By Virginie Mangin btworld@sph.com.sg Beijing CHINA’S trade figures surprised on the upside with imports stalling their almost two-year drop in August. Last month, China’s imports rose 1.5 per cent year-on-year in US dollar terms. That compares with a 12.5 per cent drop
      494 words
    • Article
      Lock icon Khazanah to sell stake in Tenaga: sources
      187 23 REUTERS Kuala Lumpur MALAYSIAN sovereign wealth fund Khazanah Nasional Bhd is divesting part of its stake in national power utility Tenaga Nasional, two sources familiar with the matter told Reuters on Thursday. Khazanah is looking to sell 82 million shares of Tenaga, or
      REUTERS  -  187 words
    • Article
      Lock icon BOJ ‘split’ over further easing causes turbulence in markets
      529 23  -  By Anthony Rowley btworld@sph.com.sg Tokyo FINANCIAL markets in Tokyo were plunged into renewed turbulence on Thursday by reports that the Bank of Japan’s (BOJ) Policy Board is divided over whether to launch further monetary easing later this month, even though markets
      529 words
  • Page 23 Advertisements
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      566 23 EU YAN SANG INTERNATIONAL LTD (UEN/Company Registration No. *****2179H) (Incorporated in the Republic of Singapore) NOTICE TO THE HOLDERS OF THE S$75,000,000 4.10 Per Cent. Fixed Rate Notes Due 2018 comprised in Series 001 (ISIN: SG56I*****36) (the “Notes”) issued pursuant to the S$300,000,000 Multicurrency Medium Term Note Programme of Eu
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      9 23 NOTICES TOLL FREE 1800-289-8822 I Email notices@sph.com.sg I www.sphclass.com.sg/notices
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  • TRANSPORT
    • Article, Illustration
      Lock icon SoftBank Group in joint venture to build driverless buses
      808 24 Prototype already navigating a closed course; four Japanese towns have signed up to test the vehicles on actual bus routes next year BLOOMBERG Tokyo IF you had to invent the perfect place to roll out self-driving buses, Japan would be it.
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    • Article, Illustration
      Lock icon Bosch allegedly sought VW cover for defeat device in 2008
      901 24 BLOOMBERG Detroit ROBERT Bosch GmbH demanded eight years ago that Volkswagen AG (VW) indemnify it for using the emissions-cheating defeat device that it helped the carmaker create for its diesel engines, US car owners said in a new version of
      BLOOMBERG; PHOTO: REUTERS  -  901 words
    • Article
      Lock icon MAS passenger traffic dips in Q2; sees smaller FY loss
      263 24 intense domestic, global competition likely to worsen in second half REUTERS Kuala Lumpur MALAYSIA Airlines Bhd (MAS) on Thursday reported a decline in passenger loads in the traditionally slower second quarter, but said that cost savings would help it post
      REUTERS  -  263 words
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      25 24 Kick-start your investment strategy 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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      35 24 HERITAGE CHAMPS The organisations which help keep traditional Indian art forms alive in Singapore Anita Dongre’s designs are hot after getting royal recognition GET YOUR COPY TODAY TO ADVERTISE: CALL KALWANT (*****327) OR NISHAL (*****438)
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      38 24 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-tracker
      38 words
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      207 24 Show Me the Money (Book 2) writes about the tools and techniques of stock picking, stock valuation and portfolio management. It explains to us how companies finance their growth and shows us how to spot signs of potential trouble for listed companies. Furthermore, it shares with us the techniques of
      207 words
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      1925 25 S-*- THE BUSINESS TIMES SHIPPING TIMES C a i l a n ~E n n o B r i s b a n e r e J e d d a h Shanghai Chittagong Ho Chi Minh H o n g J e b e l A i K o
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      244 25 ENG LEE SHIPPING CO PTE LTD Tel: *****222 (10 Lines) Fax: *****174/*****960 Website: www.englee.com.sg/Email: marketing@englee.com.sg CR No: **********0C REGULAR FEEDER SERVICES TO INDONESIAN (DE1) VESSEL VOY SIN ETA SIN ETD DESTINATION FREQUENCY Marco Polo 152 BST028 10/09/2016 11/09/2016 Buatan/Buatan DAILY Marco Polo 888 BST265 10/09/2016 11/09/2016 Buatan/Buatan DAILY Marco Polo
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  • OPINION
    • Article
      Lock icon Moving towards dual-class listings would be ill-advised
      591 26 EDITORIAL WHEN Britain voted to leave the European Union (EU) in the June referendum, shocked and unhappy “Remain” supporters reacted by proposing radical reform of the “one man, one vote” system which has been in force for centuries and which has served democratic
      591 words
    • Article
      Lock icon Extending theory into World Bank practice
      742 26  -  THE BOTTOM LINE By Marsha Vande Berg T The writer is a distinguished career fellow at Stanford University and member of the official Monetary and Financial Institutions Forum (OMFIF) advisory board San Francisco PAUL Romer, the new World Bank chief economist, emphasises as critical
      742 words
    • Article, Illustration
      Lock icon Showing more discord than cooperation
      1359 26  -  The Hangzhou Summit highlighted G-20 leaders’ disagreements on issues, their reluctance to tackle immediate crises, and their struggle to manage globalisation. BY CHRIS MILLER BY CHRIS MILLER T The writer is associate director of the Grand Strategy Programme at Yale University and a fellow at
      YALEGLOBAL ONLINE; PHOTO: REUTERS  -  1,359 words
    • Article
      Lock icon Perceptions about air pollution can affect stocks
      1035 27  -  COMMENTARY By Oliver Li Zhen T The writer is Musim Mas professor in sustainability from Department of Accounting at National University of Singapore Business School. The research study referred to here was co-authored by NUS PhD student xiaoli Hu and assistant professor Yupeng
      1,035 words
    • Article
      Lock icon The power of Agile in bringing innovation to customers efficiently
      825 27  -  By Greg Caimi and Florian Hoppe T The writers are partners in Bain Company and leaders in Bain’s digital practice WHEN you think of John Deere, you probably picture old-school machines tilling soil in the heartland or mowing a suburban
      825 words
    • Article, Illustration
      Lock icon Why ‘campaign on terror’ isn’t being won 15 years after 9/11
      1138 27  -  Emphasis on hard power has fuelled significant controversy, alienating many all over the world. BY ANDREW HAMMOND BY ANDREW HAMMOND T The writer is an associate at LSE IDEAS (the Centre for international Diplomacy, Affairs and Strategy) at the
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  • CITY LIFE
    • Article, Illustration
      Lock icon Eat your heart out
      826 28  -  Three upcoming food festivals will complement their edible offerings with other dimensions namely, design, French culture, and wine. BY AVANTI NIM BY AVANTI NIM avantin@sph.com.sg DO Singaporeans ever stop eating? The simple answer is: No. The right question to ask is how often they eat. And
      826 words
    • CITY BUZZ BT writers' picks of what to see, do or talk about
      • Article, Illustration
        Lock icon ENGLISH TV COMEDIAN WHO EXCELS ON STAGE
        273 28  -  By Dylan Tan COMEDY Jimmy Carr’s Funny Business Live in Singapore 2016 ONE of the United Kingdom’s biggest comedians, Jimmy Carr, is coming to Singapore for the very first time as part of his Funny Business world tour. The show has played over
        273 words
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        Lock icon PianoBotanica 2016
        161 28  -  CONCERT By Tay Suan Chiang IF you are looking for something to do beyond the usual cafe-hopping, then check out the free concert PianoBotanica. Now in its fourth year, the popular annual classical music event celebrates the friendship between Brazil and Singapore. The star of this year’s show
        161 words
      • Article, Illustration
        Lock icon Sandaime Richard
        188 28  -  THEATRE By Helmi Yusof STAGED as part of the Singapore International Festival of Arts, Sandaime Richard (which means “Richard III” in Japanese) is a radical adaptation of Shakespeare’s 16th century play of the same name. Director Ong Keng Sen is well-known for his iconoclastic interpretations of the Bard’s
        188 words
      • Article, Illustration
        Lock icon New menu at Crystal Jade Prestige
        204 28  -  DINING By Rachel Loi THERE’S a new menu at Crystal Jade Prestige, featuring new specialty creations, dishes recommended from their one-Michelin-starred sister restaurant Crystal Jade Golden Palace, as well as a weekend brunch menu. One new addition would be the Prestige Signature dim sum
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      • Article, Illustration
        Lock icon Joy
        197 28  -  EXHIBITION By Cheah Ui-Hoon ARTIST Aaron Gan’s painting exhibition entitled Joy reflects his optimistic mood since he won the UOB Painting of the Year 2015. Last year, his Starry Starry Night became the first-ever watercolour work to clinch the Gold Award in the Established Artists’ Category in the competition.
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  • WINE/ARTS
    • Article, Illustration
      Lock icon A return to Bordeaux
      956 29  -  A vertical tasting of 12 vintages of Château Pichon Lalande between 2005 and 1978 brings back vivid memories. BY NK YONG A vertical tasting last week of 12 vintages of Château Pichon Lalande 1978, 1985, 1986, 1987, 1992, 1994, 1995, 1996, 1997, 1998, 2001, 2005 brought
      PHOTO: NK YONG  -  956 words
    • Article, Illustration
      Lock icon Fluid voguing, done butoh-style
      571 29  - Fluid voguing, done butoh- style in the Mood for Frankie/Return of La Argentina Trajal Harrell SINGAPORE INTERNATIONAL FESTIVAL OF ARTS by Cheah Ui-Hoon uihoon@sph.com.sg IF you’re not already a butoh fan, expect to be perplexed by American artist Trajal Harrell’s practice of butoh in his study of voguing, a highly
      PHOTOS: KEVIN LEE  -  571 words
    • Article, Illustration
      Lock icon Aged sake makes for perfect pairing with food
      769 29  -  By Samuel Ee samuelee@sph.com.sg A DOG is not what you would usually associate delicious sake with, but the name Tengumai invites you to make that link: it means “heavenly dog dancing”. Tengumai is a premium sake produced by the Shata brewery in
      769 words
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  • ARTS
    • Article, Illustration
      Lock icon Charming way to reflect life and emotions
      847 30  -  Behind these sculptures lie a lifetime of research into Chinese traditions and philosophy and hours of thought to make them impactful. BY CHEAH UI-HOON uihoon@sph.com.sg AT first glance, Chinese artist Gao Xiaowu’s works are too “cute” to be included in the canon of
      847 words
    • Article, Illustration
      Lock icon AAF ups price cap to grow with artists
      624 30  -  By Helmi Yusof helmi@sph.com.sg @HelmiBT FOR the past six years, the popular Affordable Art Fair Singapore (AAF) has maintained a price cap of S$ 10,000 for all artworks. But beginning with this November edition, the price cap will be increased to S$
      PHOTO: KF ARTSPACE; PHOTO: MARINE HOUSE  -  624 words
    • Article, Illustration
      Lock icon The Art of probing the ‘why’ and ‘what’ of friends and friendships
      542 30  -  By Cheah Ui-Hoon uihoon@sph.com.sg THE best plays are those with great dialogue, characters and very realistic situations. That explains why French playwright Yasmina Reza’s Art is a classic. Hardly any bit of the 22-year-old play felt dated as
      PHOTO: SRT  -  542 words
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  • MUSIC/CINEMA
    • Article, Illustration
      Lock icon Young talents to find inspiration from Judy Ongg
      846 31  -  The legendary Taiwanese singer-actress will raise funds for The Business Times Budding Artists fund but declines the Charity Queen label. BY DYLAN TAN BY DYLAN TAN dylantan@sph.com.sg @DylanTanSYBT WHENEVER there is a charity concert, there will be Judy Ongg. The Taiwan-born, Japan-raised
      PHOTOS: SUPERLATIVE (MANAGED BY THE RICE COMPANY LTD)  -  846 words
    • Article, Illustration
      Lock icon The trials of an authentic American hero
      618 31  -  By Geoffrey Eu CLINT Eastwood has a knack for understated excellence that few filmmakers can match. In Sully, he displays the calm narrative touch and economy of style that worked so well in films like Unforgiven (1992), Mystic River (2003) and American Sniper
      618 words
    • Article, Illustration
      Lock icon Enough material here to stir the emotions
      622 31  -  By Geoffrey Eu AFTER spending much of the past decade directing all-star ensembles in various travelogue-worthy European locales (London, Barcelona, Paris, Rome, the French Riviera), Woody Allen has focused his attention stateside with films like Blue Jasmine (2013) and Irrational Man (2015). Café
      622 words
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  • Page 31 Miscellaneous
    • Miscellaneous
      Lock icon Page 31 Miscellaneous Column 1
      329 31 CRYPTIC CROSSWORD Across 1 Delighted, seeing left of centre damaged (7) 5 Power failure across river causing indignation (7) 9 Passage that’s a scream when read the wrong way (5) 10 Prison sentence and form will give such an existence (9) 11 Signal given by fire on common (5,5) 12
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  • Lifestyle
    • Article, Illustration
      Lock icon MINING THE PAST TO RESHAPE THE PRESENT
      1202 32  -  Singapore Writers Festival returns with a focus on reviving old narratives and languages. BY HELMI YUSOF helmi@sph.com.sg @HelmiBT PERANAKAN female impersonator GT Lye is 77 years old, and very fearful that the Peranakan way of speaking Malay is fast disappearing. He says: “Baba
      1,202 words
    • Article, Illustration
      Lock icon 10 highlights of SWF
      859 32  -  By Helmi Yusof Lionel Shriver Best-selling author Shriver, in case you didn’t know, is really a woman. She changed her name to Lionel at the age of 15 because she felt it suited her more. Regardless of gender, her writing is vivid, incisive and profound. She’s
      PHOTO: SARAH LEE  -  859 words
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