The Business Times, 13 September 2016

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Microfilm: NL33961
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1 24 The Business Times
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  • Title Section
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    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 13, 2016
    22 words
  • Article
    Lock icon MARKETS
    24 1 Monday Change STI CLOSED KL COMP CLOSED NIKKEI 225 16,672.92 -292.84 HANG SENG 23,290.60 -809.10 SHENZHEN B 1,171.47 -18.79 DOW(11.30 EDT) 18,132.46 +47.01
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  • Article, Illustration
    Lock icon DAILY DIGEST
    176 1 Marina Bay Sands is in the midst of giving each of its 2,560 hotel rooms a facelift. TOP STORIES 4 Singapore’s first Stewardship Code could be launched by the end of the year, laying out how investors should use their powers as shareholders. COMPANIES MARKETS 7 Electricity-starved Myanmar
    176 words
  • Article, Illustration
    Lock icon A*Star to launch Singapore’s first open innovation lab
    799 1  -  The first-of-its-kind A*START Central, which will be formally launched on Sept 21, already has 10 medtech, biotech and internet startups on board By Jacquelyn Cheok jaccheok@sph.com.sg @JacCheokBT Singapore FOR six months now, a first-of-its-kind “open innovation lab” and tech incubator in Singapore
    PHOTOS: AIDAN LOO  -  799 words
  • Article
    Lock icon SGX goes after Swiber in potential rule breach
    968 1  -  It cites disclosure lapses on US$710m West Africa project By Tan Hwee Hwee By hweetan@sph.com.sg @HweetanBT Singapore THE SINGAPORE Stock Exchange (SGX) is going after Swiber Holdings for potential breaches to the exchange’s Rule 703 pertaining to disclosure of material information. In
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  • Article, Illustration
    Lock icon Thomson Medical eyes S’pore listing in near term
    984 1  -  By Claire Huang huangjy@sph.com.sg @ClaireHuangBT Singapore AWAY from the public eye, Thomson Medical Pte Ltd, controlled by Singapore billionaire Peter Lim, has been busy growing its services and is now looking to add more beds to its hospital in Novena as it
    PHOTO: ARTHUR LEE  -  984 words
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  • TOP STORIES
    • Article, Illustration
      Lock icon Investment firms say yields are in Asia and EM economies
      861 2  -  With Europe still mired in uncertainty, firms such as Allianz are banking on a Look East stance By Cai Haoxiang haoxiang@sph.com.sg @HaoxiangCaiBT Frankfurt IN THE past half-year, fund manager Allianz Global Investors has become more positive on Asia and emerging
      BLOOMBERG FILE PHOTO  -  861 words
    • Article, Illustration
      Lock icon 2011: PAP loses Aljunied GRC to WP
      311 2  -  MRT disruptions spark outrage; nuclear crisis in Fukushima. BY KENNETH LIM HE People’s Action Party's (PAP) worst election performance since Independence forced out a sitting Cabinet minister and marked the rise of the Worker’s Party (WP) when the Aljunied Group Representation Constituency (GRC)
      BT Graphics: Andrea Lee  -  311 words
    • Article
      Lock icon When two and four point to seven
      479 2  -  By Cai Haoxiang haoxiang@sph.com.sg @HaoxiangCaiBT Frankfurt TWO, four, and seven: These are numbers bandied around in negativeyielding Europe that partly explain the recent surge into emerging markets assets and riskier high-yield bonds. For example, a senior Allianz Global Investors bond manager expects US
      479 words
    • Article, Illustration
      Lock icon MBS moves more swiftly to remodel its hotel rooms
      983 4  -  Renovations for Tower 3 rooms already completed; work to begin on Towers 1 and 2 in early 2017 By Lee U-Wen leeuwen@sph.com.sg @LeeUwenBT Singapore WITH its hotel operating at almost full capacity throughout the year, Marina Bay Sands (MBS) is in
      PHOTO: MARINA BAY SANDS  -  983 words
    • Article
      Lock icon SBF promoting S’pore as Maritime Silk Road hub at CAEXPO
      307 4  -  By Nisha Ramchandani nishar@sph.com.sg @Nisha_BT Singapore THE Singapore Business Federation (SBF) is leading a local delegation at the 13th China-Asean Expo (Sept 11-14) in Nanning, Guangxi to promote Singapore as a hub for the 21st century Maritime Silk Road. CAEXPO
      307 words
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      81 2 The Business Times has been there to report and analyse the most significant news since 1976. Every week, this feature will showcase excerpts from the biggest stories for each year that the paper has been in operation. The full text of all the stories can be found online at bt.sg/bt_40
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      161 3 Orange Clove WE MAKE YOU A HERO An Integrated Service Provider of Events Services and Food Solutions if r i A P r m A K 3>« r ■“i Us" L ■M. f/ I JgSf I* C V 4 k r f T Va X -5 r ■w 4T A*
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      353 4 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
      353 words
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      95 5 IN YOUR BUSINESS, EVERY MOVE COUNTS Never underestimate the power of a strategic business location.Within steps from the new Downtown MRT line, Asia Square is home to some of the world’s most respected global players.Including one of the leading global banks, three of the top insurance companies,not to mention the
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      7118 6 THIS NOTICE IS IMPORTANT AND REQUIRES THE IMMEDIATE ATTENTION OF NOTEHOLDERS. If Noteholders are in doubt about any aspect of the Proposal (as defined below) and/or the action they should take, they should seek their own advice immediately from their stockbroker, bank manager, solicitor, accountant, tax adviser or other independent
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  • COMPANIES & MARKETS
    • Article
      Lock icon Singapore Stewardship Code expected to be launched by year-end
      686 7  -  Code typically lays out how investors should use their powers as shareholders SIAS CORPORATE GOVERNANCE WEEK 2016 By Kenneth Lim kenlim@sph.com.sg @KennethLimBT Singapore AN INDUSTRY working group could launch Singapore’s first Stewardship Code by the end of the year, laying out
      686 words
    • Article, Illustration
      Lock icon STI / Catalist WEEKLY
      63 8 STI Catalist WEEKLY Straits Times Index Sept 9,2016 2,873.33 +69.41 (+2.48%) Current streak 1 day Week high 2,896.55 Week low 2,851.74 52-week high 3,068.46 (Oct 23, 2015) 52-week low 2,539.95 (Feb 12,2016) FTSE ST Catalist index Sept 9,2016 442.04 +14.70 (+2.44%) Current streak 1 day Week high 443.56 Week low
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    • Article
      Lock icon GAINERS
      75 8 BY CENTS CLOSE UP 52w high/low DBXT Nifty50 ETF10 ***** 347.9 1.9 *****/***** GLD US$ ***** 319.4 1.9 *****/***** SPDR S&P500 US$ ***** 192.2 0.7 *****/***** DBXT MSAsExJp US$ 3615 180.0 3.8 3633/2772 DBXT China50 US$ 3240 135.4 3.2 3240/2355 BY PERCENTAGE CLOSE UP 52w high/low Vashion 2.7 285.7
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    • Article
      Lock icon LOSERS
      81 8 BY CENTS CLOSE DOWN 52w high/low DBXT ASX200 US$ 3519 -138.1 -2.8 3621/2900 DBXT MSTHAI US$ 1940 -131.3 -4.8 2107/1419 DBS Bk 4.7% NCPS ***** -44.0 -0.4 *****/***** IS ASIA BND S$D 1489 -34.0 -2.2 1523/1435 DBXT S&P Short US$ 1930 -21.7 -0.8 2362/1930 BY PERCENTAGE CLOSE DOWN 52w
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    • Article
      Lock icon UNUSUAL ACTIVITY
      80 8 VOL CLOSE($) CHANGE 3Cnergy 72.7 0.063 -0.036 -36.36 IPCO Intl 20,500.2 0.003 +0.001 +50.00 Chinese Global 8,972.0 0.010 +0.002 +25.00 Oceanus 7,360.0 0.004 +0.001 +33.33 Metech Intl 2,996.7 0.004 +0.001 +33.33 Ley Choon 509.5 0.025 -0.005 -16.67 OEL 5,297.0 0.011 +0.001 +10.00 Southern Pkg 12.5 0.495 +0.070 +16.47
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    • Article
      Lock icon Safe-haven yen gets a boost on stocks selloff
      533 8 CURRENCIES REUTERS London THE safe-haven yen strengthened on Monday as investors sold stocks and riskier assets including commodities, but the US dollar outperformed higher-yielding currencies on fresh talk of an interest rate hike by the Federal Reserve in the near term. The
      REUTERS  -  533 words
    • Article
      Lock icon STI STOCKS
      302 8 Stock name Close Change Wk high/low 52w high 52w low PE Div yield Mcap Ascendas Reit 248 +3 252/245 257 209 6.2 6892.5 CapitaCom Trust 161.5 +5 164/157 164 127 5.3 4776.2 CapitaLand 318 +11 325/309 340 267 12.7 2.8 *****.1 CapitaMall Trust 214 unch 220/212 225 185
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    • Article
      Lock icon MOST ACTIVE
      34 8 VOLUME Noble 1,356,655,600 Ezra 572,276,900 Cedar Strategic 276,552,500 Addvalue Tech 210,874,800 Vallianz 190,174,400 Market volume 8,371,966,000 VALUE Singtel 401,039,767 DBS Grp 381,704,523 UOB 346,168,420 OCBC Bank 200,090,984 Noble 183,284,628 Market value 5,137,324,000
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    • Article
      Lock icon OTHER SINGAPORE INDICES
      77 8 Sep 9 VALUE CLOSE BT OB/OS 71.00 +33.00 BT CADI -*****.00 -48.00 BT 10-day MA -*****.00 +7.00 FTSE ST Mid Cap 692.78 -3.57 FTSE ST Small Cap 386.72 -0.49 FTSE ST All Share 706.16 -4.38 FTSE ST China Top 161.38 -0.06 FTSE ST China 194.03 +0.06 FTSE
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    • Article
      Lock icon SGX ETFs
      111 8 Most Active Fund Last sale +/-(‘000) Wk high/low 52w high/low Buy/Sell Mcap STI ETF 291 +5 1885 296/287 314/254 291/293 IS MS INDIA US$ US747 +7 1462 758/744 772/575 746/747 93.4 DBXT MSPHILS US$ US205.8 -4.8 293 215.6/205.5 222.5/158.5 205.4/206.2 16.5 Nikko AM STI ETF 296 +5 184
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    • Article
      Lock icon COMPANY MEETINGS
      124 8 COMPANY MEETING PLACE DATE TIME Otto Marine E Room 300-301 Suntec S'pore Intl Convention Exhibition Centre 1 Raffles Boulevard 14-Sep 10.00am Alliance Mineral E RELC Intl Hotel S’pore 30 Orange Grove Road Tanglin 2 (Lvl) 1 15-Sep 2.00pm Singapore eDev Ltd E Room 308 (Lvl 3) Suntec S'pore
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    • Article, Illustration
      Lock icon STI / FTSE ST All-Share WEEKLY
      36 8 STI FTSE ST All-Share WEEKLY FTSE ST All-Share Index Sept 9,2016 706.16 +15.56 (+2.25%) Current streak 1 day Week high 711.26 Week low 701.97 52-week high 739.01 (OCt 23, 2015) 52-week low 629.34 (Feb 12, 2016)
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      Lock icon STI / MSCI EAFE WEEKLY
      34 8 STI MSCI EAFE WEEKLY MSCI EAFE Index Sept 9,2016 1,707.27 -2.70 (-0.16%) Current streak 2 days Week high 1,734.72 Week low 1,707.27 52-week high 1,777.37 (Oct 23, 2015) 52-week low 1,492.43 (Feb 12, 2016)
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    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 7 8 2 1 0 0 8 8 2 Manufacturing 76 37 18 16 18 9 92 55 27 Commerce 40 19 4 7 3 5 47 22 9 Tpt/Stor/Comms 25 7 4
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      123 8 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 96,809 18,043 114,852 319,360 3,070 322,430 Manufacturing 430,788 540,039 970,827 477,510 13,272 490,782 Commerce 1,488,076 278,977 1,767,053 535,695 5,238 540,933 Tpt/Stor/Comms 934,705 12,592 947,297 831,359 1,264 832,623 Finance 173,510 510 174,020 1,075,214 66 1,075,280 Construction
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    • Article
      Lock icon Sunrise Group’s Wong buys 29% stake in ITE Electric
      303 8  -  By Nisha Ramchandani nishar@sph.com.sg @Nisha_BT Singapore INVESTMENT holding company Prosperity Luck Overseas Inc has acquired a substantial stake in ITE Electric Co (ITE) after ITE’s former non-ex-ecutive chairman disposed of his entire 29 per cent stake for S$6 million. In a
      303 words
    • Article
      Lock icon PRIME LENDING RATES
      241 8 BANKS Agricultural Bank Of China 5.50 Agricultural Bank Of China Bangkok Bank Public Co. Ltd 6.00 ANZ Singapore Bank of Communications 5.50 Bangkok Bank Public Co. Ltd 6.00 Bank of China Limited Bank of Tokyo-Mitsubishi Bank of Communications Banque Internationale a Bank of East Asia ...5.75 Bank
      241 words
    • Article
      Lock icon Gold prices dip to reveal bargains for the longer term
      338 9  -  COMMODITIES By Bryan Lum T The writer is a strategist at Phillip Futures AUGUST has been a lacklustre month for gold prices. With September’s Federal Open Market Committee meeting nearing, investors refocused their attentions on the likelihood of a US
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    • FOREX RATES
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        Lock icon INTERBANK CROSS RATES
        471 9 Sep 9 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.986 5.088 0.676 5.909 50.759 99.712 0.779 8.399 3.102 1.034 79.406 35.965 1.031 10.828 0.742 24.029 26.495 0.573 0.762 Canada 1.014 5.160
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      • Article
        Lock icon INTERBANK CURRENCY RATES
        155 9 Sep 9 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.0308 1.0317 0.7616 0.7620 Canadian dollar 1.0454 1.0461 0.7726 0.7724 Euro 1.5255 1.5266 1.1271 1.1275 NZ dollar 0.9974 0.9983 0.7369 0.7373 Sterling pound 1.7996 1.8004 1.3296 1.3297
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      • Article
        Lock icon US$/S$ FORWARD RATES
        22 9 Sep 9 S$ Bid Offer 1-month 1.3532 1.3539 2-months 1.3532 1.3539 3-months 1.3532 1.3540 6-months 1.3527 1.3533 Source: OCBC
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      • Article, Illustration
        Lock icon HANG SENG
        2 9
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      • Article, Illustration
        Lock icon SHANGHAI COMPOSITE
        2 9
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      • Article, Illustration
        Lock icon NIKKEI
        1 9
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      • Article, Illustration
        Lock icon DOW JONES
        2 9
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    • EQUITY BONDS WARRANTS FUTURES
      • Article
        Lock icon SGX DERIVATIVES TRADING
        386 9 Sep 12 OPEN HIGH LOW SETT VOL OP/INT FTSE CHINA A50 INDEX FUTURES Sep16 9795.00 9802.50 9582.50 9582.50 *****1 *****2 Oct16 9810.00 9810.00 9610.00 9612.50 8704 ***** NIKKEI 225 INDEX FUTURES Dec16 *****.00 *****.00 *****.00 *****.00 ***** *****3 Mar17 *****.00 *****.00 *****.00 *****.00 453 181 MSCI TAIWAN
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      • Article
        Lock icon BONDS, WARRANTS, PREFERENCE SHARES
        209 9 Most active Sep 9 Prem Expiry Wk Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left DBS MB eCW*****1 12.9 2.2 ***** 0.1 1550 5 UOB MB eCW*****1 10.7 2.6 ***** 0.1 1880 5 OCBC Bk MB eCW*****8 4.4 0.8 ***** 0.1
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      • Article
        Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
        377 9 In local curr In S$ In US$ dy yr dy yr dy yr Sep 9 Index Change Change Change Change Change Change World Preliminary 1303.4 -1.1 2.0 -0.5 -0.9 -1.4 3.5 EAFE Preliminary 976.9 -0.7 -3.6 -0.6 -4.7 -1.5 -0.5 Europe Preliminary 1398.4 -1.1 -1.0
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    • BANK RATES
      • Article
        Lock icon INTERBANK RATES
        154 9 Sep 9 $S Offer Bid 0vernight 0.03 Par 1-month 0.625 0.375 2-months 0.8125 0.6875 3-months 0.875 0.75 Overnight mode: 0.03 US$ 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
        67 9 Sep 9 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year NY*****A 4.000 01-Sep-18 106.28 5-Year NX*****X 2.250 01-Jun-21 104.64 105.00 104.70 10-Year NX*****F 2.125 01-Jun-26 103.46 103.90 103.84 15-Year NZ*****F 2.875 01-Sep-30 110.23 110.30 110.30 20-Year NZ*****X 2.250 01-Aug-36 102.39 103.00 102.45
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    • AGRI METALS ENERGY
      • Article
        Lock icon COMMODITY FUTURES
        250 9 Sep-9 Price Net change change Last Trade Agricultural Sep-9 CBOT Soybeans (US cents/bu) 997.25 5.25 0.53% 14/09/2016 CBOT Soybean Oil (US cents/lb) 33.03 0.09 0.27% 14/09/2016 CBOT Wheat (US cents/bu) 376.00 -1.00 -0.27% 14/09/2016 Sep-9 LIFFE Cocoa (£/tonne) 2189.00 -85.00 -3.74% 15/09/2016 LIFFE Coffee (US$/tonne) 1903.00 -19.00 -0.99%
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    • Article, Illustration
      Lock icon What can derail Sheng Siong’s stock?
      920 10  -  Biggest risk for the supermarket group’s share price is not its fundamentals, but the earnings multiples the market ascribes to its supposed defensive qualities HOCK LOCK SIEW BY CAI HAOXIANG haoxiang@sph.com.sg @HaoxiangCaiBT GLANCE at Sheng Siong’s latest financial statements, and one might think the
      Source: Bloomberg  -  920 words
    • Article
      Lock icon GLP to develop logistics facility in Osaka
      248 10  -  By Nisha Ramchandani nishar@sph.com.sg @Nisha_BT Singapore MAINBOARD-listed GLP will develop a 27,000-square-metre modern logistics property in Osaka at a development cost of around five billion yen (S$66.9 million). Located some 14 kilometres from Osaka city centre, GLP Neyagawa is a project under GLP
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    • Article
      Lock icon S’pore, Switzerland to enhance cooperation on fintech
      225 10 THE Monetary Authority of Singapore (MAS) and the Swiss Financial Market Supervisory Authority (Finma) have inked a cooperation agreement to work more closely together on fintech. The cooperation pact between MAS and Finma provides a framework for innovative fintech companies in both countries
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    • Article
      Lock icon DIVIDENDS ANNOUNCED
      1049 10 Payment Ex Rec Pay Ann (cts) date date date date ABR Hldgs aw 1.000 29-Aug 31-Aug 16-Sep 19-Aug Advancer Global aw 0.350 20-Sep 22-Sep 30-Sep 10-Aug Aims AMP Cap Ind Reit do 2.565 03-Aug 05-Aug 22-Sep 26-Jul Aims AMP Cap Ind Reit bi 0.096 03-Aug 05-Aug 22-Sep 26-Jul
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      Lock icon BROKERS’ RECOMMENDATIONS
      1148 10 Consensus No. of Forecast Mean Fri’s recommendation esti-EPS PE target price Company name This wk Last mth mates (times) Accordia Golf Trt 1.00 1.00 1 0.06 10.62 0.88 0.68 AIMS AMP Cap Industrial Reit 1.00 1.00 3 0.11 13.07 1.59 1.42 ARA Asset Mgt 1.25 1.50 2 0.08
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    • Article
      Lock icon SGX MAINBOARD
      1988 11 52-Wk Last Vol Week Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/E $mil Company Last Sale Vol ('000) High Week 149 127 AIMSAMP Cap Reit 141.5 +2 3162 142 140 0.9 8 901.8 Div 144 101 ARA Asset Mgmt 140 +3 1516 141
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    • Article
      Lock icon SGX CATALIST
      425 11 52-Wk Last Vol Week Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/E Last vol Week Div 5 1.7 t Acesian Partners 3.2 +0.6 2132 3.5 2.7 4.4 11.9 Net 0.6 0.1 t Advanced Systems 0.3 +0.2 6390 0.3 0.2 7.9 46.5 29.5 t
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    • Article
      Lock icon SGX ETF
      189 11 52-Wk Last Vol Week Div GrYld Net MCap High Low Counter Sale +/-(’000) High Low C’vr P/E Counter Last Sale 1210 1050 CIMBASEAN40 S$D 1195 +6 0 1195 1195 905 733 CIMBASEAN40 US$ US878 -2 31 885 878 137.7 3240 2355 DBXT China50 US$ US3240 +100 15 3240
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      90 9 Trade Gold For Gold Receive premium gold when you trade spot gold with Phillip Futures today.* 6538 0500 futures@phillip.com.sg www.phillipfutures.com.sg/gold 250 North Bridge Road #07-01 Raffles City Tower Singapore *****1 All forms of investments carry risks, including the risk of losing more than the invested amount and may not be
      90 words
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      88 11 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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  • REAL ESTATE
    • Article, Illustration
      Lock icon China regulators put brakes on onshore debt issues
      819 12 Move aimed at controlling property prices amid surge in land costs, which have hit record highs in many tier-one and tier-two cities IFR Hong Kong THE feverish pace of onshore debt issues by Chinese property developers is set to slow amid signs
      IFR; PHOTO: BLOOMBERG  -  819 words
    • Article
      Lock icon Communities take charge in Scotland’s land reform ‘revolution’
      951 12 THOMSON REUTERS FOUNDATION Edinburgh ON A two acre (0.8 hectare) patch of land in north Edinburgh’s Leith neighbourhood, Evie Murray walks with pride between plots of carefully tended flowers and vegetables. “This area used to be used by drug addicts or prostitutes,”
      THOMSON REUTERS FOUNDATION  -  951 words
  • Page 12 Advertisements
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      120 12 Art Deco Villa of the East Anopulentvillaintheeast. Amazing,newandyes, decadent.Superlative. Imaginative.Oneofakind. Apictureisworthathousand wordssofeastyoureyeswith ouramazingslideshowon www.isabelredrup.com/ir1.php FOR SALE www.isabelredrup.com A boutique real estate agency Call+65 *****055 Call+65 *****190 email: susan@isabelredrup.com Agency Licence No: L*****87E CEA Registration No: R*****2I LAST FEW UNITS AT FARRER SQUARE MEDICAL SUITES FOR SALE ,|||k. CUSHMAN llllllll WAKEFIELD
      120 words
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      121 12 M\ T| PRIME CBD STRATA OFFICE FOR SALE W JLL BY EXPRESSION OF INTEREST Excellent unobstructed sea view and city view Direct sheltered access to Tanjong Pagar MRT Grade A specifications Premium column-free office spaces from 1,744 to 14,510 sf Generous car parking provisions with 612 lots Planned enhancements feature
      121 words
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      173 12 Offices for Lease V* Knight *4 Frank m Artist^mpressic 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 Alexandra
      173 words
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  • BANKING & FINANCE
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      22 13 ngaging you every moment zaobao 59 m if Get your essential news and infotainment now on www.zaobao.sg v SHIN MIN Lianhe Wanbao
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      127 13 LEGACY TRUST Legacy Trust Company Presents What Now For Privacy? CRS AEol. In 2018 the Common Reporting Standard becomes a reality in Singapore which means clients can no longer expect their offshore wealth to remain private. This presentation aims to explain: The new Common Reporting Standard The Exposure and Disclosure
      127 words
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  • ENERGY & COMMODITIES
    • Article, Illustration
      Lock icon Myanmar bets on hydropower in new energy plan
      924 14 It is reviewing 49 projects approved by the previous govt to see how quickly if at all they can be completed, how many more would be needed and how to secure funds REUTERS Yangon ELECTRICITY-STARVED Myanmar is looking to overhaul its long-term
      REUTERS; PHOTO: AFP  -  924 words
    • Article
      Lock icon Oil bears dominate market as doubt grows over output limits
      675 14 BLOOMBERG New York THE longer Opec and other producers talk about a ceiling on crude output, the more doubts grow in the market. Money managers increased wagers on falling prices by the most in three months as a meeting between
      BLOOMBERG  -  675 words
  • Page 14 Advertisements
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      32 14 Singapore?^ INTERNATIONAL INDIAN EXP***** {Jj/ndia cmteh fa mu SUNTEC CONVENTION EXHIBITION CENTRE, HALL: 401 402 22nd 25th SEPTEMBER 2016,10AM TO 10PM EXHIBITION HIGHLIGHTS FOR ENQUIRIES CONTACT *****112 *****219 visit: www.siiexpo.com I www.facebook.com/SIIExpo/
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      185 14 FORAGE INTO THE WORLD OF DIGITAL Who should attend: Business Owners, Entrepreneurs, Senior and Middle Management, PMETs, Marketing and Sales Professionals LIVING THE LAWS OF LEADERSHIP This workshop is facilitated by a local trainer, accredited by The John Maxwell Company. Leaders touch a heart before they ask for a hand.
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      864 15 NOTICES IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF LEHMAN BROTHERS INVESTMENTS PTE LTD (IN CREDITORS' VOLUNTARY LIQUIDATION) (COMPANY REGISTRATION NO: *****2778N) NOTICE OF SEVENTH INTERIM UNSECURED DIVIDEND Name of Company Address of Registered Office Amount per centum First and Final or otherwise When
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      533 15 IN THE HIGH COURT OF THE REPUBLIC OF SINGAPORE Case No.: HC/CWU 183 of 2016 In the matter of Sections 253 and 254 of the Companies Act (Cap. 50) And In the matter of ALM Offshore Pte Ltd (UEN No. *****6420K) Between Maritime and Port Authority of Singapore (UEN No.
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  • TECHNOLOGY
    • Article, Illustration
      Lock icon Amazon and Pandora Media to embrace lower subscription charges
      1226 16 They will launch new streaming services said to be priced as low as US$5 a month NYTIMES New York HOW much are people willing to spend for streaming music? For years, thanks to rigid pricing structures at streaming services, the answer
      NYTIMES; PHOTO: BLOOMBERG  -  1,226 words
    • Article
      Lock icon Blockchain bootcamps’ rising demand for software pros
      809 16 WP Washington A YEAR ago, 27-year-old software developer Roy Breidi was dreaming of launching a startup related to the digital currency bitcoin. Problem was, he “didn’t really understand what’s the magic behind it”. So he took an online course called “Bitcoin and Cryptocurrency
      WP  -  809 words
    • Article
      Lock icon Samsung slumps by US$22b as Note 7 alerts pile up
      527 16 BLOOMBERG Seoul SAMSUNG Electronics Co lost US$22 billion of market value over two days as investors factor in a bigger hit to its bottom line from widening bans and warnings on its Note 7 smartphones. Shares have plunged 11 per
      BLOOMBERG  -  527 words
  • Page 16 Advertisements
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      149 16 The topics covered include: How to be an educated investor Adjust your investment style and risk appetite based on the industry and company The investment framework for identifying dividend growth companies Categorisation of listed companies into 6 business types Picking companies with strong competitive advantages Why intangible asset is more
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      145 16 FRANCHISING LICENSING ASIA 2016 Exhibition Conference 13- 15 OCTOBER 2016 10.30am 6.30pm (Thu Fri) 10.30am 5.30pm (Sat) Level 1, Hall B, Sands Expo Convention Centre, Marina Bay Sands FREE FOOD BEVERAGE SAMPLING AT VARIOUS BOOTHS! f < f, V. V Free Admission!* Register your visit TODAY! Log on to www.FranchiseLicenseAsia.com/np
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      32 16 t A* How much money have you made on your home? $104,000 I !T ■■.III 3 my Capital Gain $104,000 (12.68%) S-100K 2008 2008 2010 2011 2012 2013 2014 2015 2018 SRX.com.sg/property-tracker
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  • CONSUMER
    • Article, Illustration
      Lock icon Canada rakes in C$5.5b a year in film, TV production boom
      1038 17 Fall in Canadian dollar, favourable tax credits and surge in demand for original content give boost to the industry WP Washington A WOMAN in scrubs hustles a patient out of a hospital in a wheelchair and into a waiting
      WP; PHOTO: REUTERS  -  1,038 words
    • Article
      Lock icon World of Warcraft creator enters fray with startup
      663 17 NYTIMES New York BIG video games, like movies, are usually created by squadrons of people, including dozens or hundreds of artists and developers. And yet it is an individual who often stands out for creative contributions to the most successful games. For
      NYTIMES  -  663 words
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      648 17 A special feature brought to you by STJOBS LEARNING WHATDOYOUKNOW ABOUTINFLUENCE? BY JACKY LIM According to Greek mythology, there once lived a group of people known as the Trojans. They lived in the city of Troy, where it was surrounded by huge tall walls and heavily guarded. For a long
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  • TRANSPORT
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      65 18 ech Asia 2016 International Building Technology Expo A part of SINGAPORE CONSTRUCTION PRODUCTIVITY WEEK 2016 18-20 OCTOBER 2016 Singapore EXPO Halls 3 4 and MAX Atria 10am-6pm (18-19 Oct) 110am-5pm (20 Oct) a CONSTRUCTION Cofi-DiruuiiM Productive Iiachinaf7& Technologies EfijjXditti Quality Finishes ■I x V. Featuring 4 Key Segments Construction Machinery
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      46 18 We arrived at the new decade, and in the mad rush to embrace it, something was left behind: the mirror.” Former Female magazine editor James Siow on today’s dressing among Singaporeans Reflect on Singapore’s fashion future and past Now on sale at leading bookstores and www.stpressbooks.com.sg
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      131 18 HOT PROPERTY FREEHOLD B1 $670PSF up. Ramp up 40ft. 6.5m ceiling. MRT. Many units. Ground floor available. WCEGA PLAZA B2, 2411 sf w/toilet. Ramp-up. 40 footer. Balance 41 yrs. $638K neg GST. FACTORY SPACES FOR SALE Check out these properties and more in The Straits Times Classified now! NOTICES THE
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      22 18 BIRD’S EYE VIEW OF TENDER JOBS Check out the most comprehensive collection of tender notices in The Straits Times Notices. 14/myj jun
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  • GOVERNMENT & ECONOMY
    • Article, Illustration
      Lock icon Australians grapple with less work, low pay
      808 19 Rise in part-time jobs dents wage growth and raises deflation risk; “gig economy” offers flexibility, but less security for workers REUTERS Sydney SYDNEY resident Raman Kumar recently lost his job as an electrician after his employer outsourced a big chunk of the work
      REUTERS; PHOTO: REUTERS  -  808 words
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      Lock icon BOE deputy governor resigns to become director of LSE
      542 19 BLOOMBERG London BANK of England (BOE) deputy governor Minouche Shafik resigned after just over two years at the institution to lead one of the UK’s most high-pro-file universities. Ms Shafik, deputy governor for markets and banking, will leave at the end
      BLOOMBERG  -  542 words
    • Article
      Lock icon Creditors resume Greek audit as EU presses for progress
      404 19 AFP Athens GREECE’S creditors on Monday resumed an audit of the stricken country’s finances, a day after Prime Minister Alexis Tsipras said an EU-IMF rift was delaying progress. Greece’s finance ministry said that the meetings, interrupted by the summer break, would
      AFP  -  404 words
    • Article
      Lock icon Abe warns of ‘unprecedented’ threats to the security of East Asia
      778 19  -  By Anthony Rowley btworld@sph.com.sg Tokyo JAPANESE Prime Minister Shinzo Abe said on Monday that “unprecedented” threats to the security of East Asia have arisen following North Korea’s latest nuclear tests, while warning in an apparent reference to China that
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    • Article
      Lock icon Former British PM Cameron resigns from parliament
      372 19 London BRITAIN’S former prime minister David Cameron has resigned his seat in the House of Commons. In a statement, he said: “In my view, the circumstances of my resignation as prime minister and the realities of modern politics make it very difficult to
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  • OPINION
    • Article
      Lock icon 9/11: the date that keeps reminding the world of unfinished business
      597 20 EDITORIAL CHANCES are, if you’re over 30, you would probably be able to recall where you were when the Twin Towers in New York City collapsed on Sept 11, 2001. Indeed, the horrifying images of the burning skyscrapers on
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      Lock icon The Donald or Hillary: Who should Beijing prefer?
      1243 20  -  Trump’s promises to impose tariffs on China would not survive the light of day if he gets elected, while Clinton would embrace a more coherent and tougher approach towards China By Leon Hadar Washington IF you’ve been following the US presidential election
      PHOTO: NYTIMES  -  1,243 words
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      Lock icon Building wall may trigger broad immigration policy overhaul
      793 20  -  THE BOTTOM LINE By Robert J Samuelson THE WASHINGTON POST WRITERS GROUP Washington JUST because Donald Trump isn’t qualified to be president and just because much of his agenda is hateful and undesirable doesn’t mean that everything he says is automatically wrong.
      THE WASHINGTON POST WRITERS GROUP  -  793 words
    • Article
      Lock icon UK needs to change economic model to benefit from Brexit
      1043 21  -  COMMENTARY By Daniel Gros T The writer is director of the Centre for European Policy Studies PROJECT SYNDICATE Brussels THE United Kingdom’s vote to “Brexit” the European Union is on course to become the year’s biggest non-event. Beyond a weaker
      PROJECT SYNDICATE  -  1,043 words
    • Article
      Lock icon Energy support sector’s woes will continue even after oil price recovery
      699 21  -  COMMENTARY By Zainab Calcuttawala OILPRICE.COM OILFIELD services, shipbuilders and other industries that rose with the pre-2014 oil price boom have had it hard. Since barrel rates fell, their previous patrons have become uninterested in doling out major purchase orders,
      OILPRICE.COM  -  699 words
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      Lock icon Why TPP, TTIP failures would be so damaging for Washington
      1084 21  -  It will not only be a setback for the Obama administration, it would also undermine the US ambition of building regional and global institutions to extend its influence internationally. BY ANDREW HAMMOND BY ANDREW HAMMOND TThe writer is an associate
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  • Page 22 Advertisements
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      902 22 THE BUSINESS TIMES Shipping times FOONG SUN SHIPPING (PTE) LTD INDONESIA SUMATRA PORTS VESSEL VOY ETA ETD DESTINATION BERJAYA I 14/16 19/09 21/09 BELITUNG/PKL BALAM SRIJAYA 8 24/16 IN PORT 14/09 JAMBI/PEKAN BARU CARAKA JN3 II 12/16 14/09 16/09 PALEMBANG/PANJANG BERJAYA II 11/16 15/09 17/09 BELAWAN/MALAHAYATI INDONESIA JAVA SULAWESI PORTS
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  • SME
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      Lock icon Giving SMEs a jumpstart on innovation
      1015 23  -  One strategy SMEs could use to grow their business is open innovation. BY SARAH CHEAH AND HO SEMUN ~Dr Cheah is an associate professor at the NUS Business School and Ms Ho is the executive director of SiTF. WITH the rise of disruptive business
      ST ILLUSTRATION  -  1,015 words
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      195 23 AppStore Download the app and get started W *5 I Don't want your capital tied up in office space? We can help with that Our office space gives you complete flexibility and will free you from the commitment of long term leases. It's easy to set up and we can
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  • LIFE & CULTURE
    • Article, Illustration
      Lock icon Decline in marriages in China transforming families and finances
      1294 24 Changing attitudes mean fewer babies and less spending on homes, appliances, household goods NYTIMES Hong Kong LIU Zhenfeng got married at 25. The usual trappings of family life followed: a daughter, a home, furniture, toys. That daughter, Song Zongpei, now 28,
      NYTIMES; PHOTO: NYTIMES  -  1,294 words
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      Lock icon Wawrinka conquers nerves to win US Open
      627 24 AFP New York STAN Wawrinka’s US Open triumph over world number one Novak Djokovic gave him a third Grand Slam title in as many finals, but the 31-year-old Swiss says they don’t get any easier. Wawrinka, described by Djokovic as a player who
      AFP; PHOTO: AFP  -  627 words
  • Page 24 Miscellaneous
    • Miscellaneous
      Lock icon Page 24 Miscellaneous Column 1
      316 24 CRYPTIC CROSSWORD Across 3 Met man working in foster care? (10) 8 Dog set sail around UK! (6) 9 Sister, apprehensive initially, in college in Warwickshire town (8) 10 Monitor head of welterweight boxer, perhaps after disturbing chat (8) 11 ‘Sole’ used in pun I queried (6) 12 One has
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