The Business Times, 15 October 2016
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2016-10-15
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The Business Times
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Advertisement65 2016-10-15 1 Weekend Singaporeans Abroad October 15–16 2016 S$1.20 I N ES S T I M ES N OT TO B E S O LD S E PA R AT E LY FR O M T H E London-based art collector Jason Lee offers a peek into the expat lifestyle B U65 words
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Advertisement29 2016-10-15 2 Buzz 4 Buys: Boutique 6 The Rolex Interview Architect: Angelene Chan 8 Style 10 Feature A Life Abroad 14 Food Frequent Buyers 18 Design Model Home 20 Nostalgia 2229 words
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Weekend
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Weekend Buzz
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Article, Illustration90 2016-10-15 4 The Godfather of Britpop Morrissey returns to play Singapore after his 2012 sell-out gig. As The Smiths’ iconic but controversial frontman, he was a seminal figure in indie music in the 80s, launching a successful solo career after the band broke up in 1987. A prolific singer-songwriter, the90 words
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Article, Illustration58 2016-10-15 4 DYLAN TAN, RACHEL LOI - BY COMPILED DYLAN TAN, RACHEL LOI l–r:CUREChef-owner Andrew Walsh launches new lunch sets priced from $38. T.6221 2189. COO BISTRO Go ‘glocal’ with dishes like prawn noodles made with fettuccine and chilli sauce. T.6221 7060. LOOF Local chef Bjorn Shen adds ‘dude-Sin’ food like a B.C.M. (bak chor58 words
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Article, Illustration76 2016-10-15 4 Autumn is the best season for produce and it’s no different in Taiwan, where the best ingredients are given the Michelin treatment in Shoun Ryugin sister restaurant of chef Seiji Yamamoto’s three-starred RyuGin in Tokyo and two-starred Tenku RyuGin in Hong Kong. Chef Ryohei Hieda turns native ingredients76 words
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Article, Illustration52 2016-10-15 4 AN AMERICAN WEREWOLF IN LONDON (1981) “John Landis’ classic has a great mix of horror, humour and special effects that were way ahead of its time. You don’t get that sort of groundbreaking cinema these days.” Anthony Chiam, co-founder of film collective SCUM (Society for Cult and52 words
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Weekend Buys
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Article, Illustration107 2016-10-15 6 MAY YIP - BY MAY YIP “The trend of gourmand scents began with Angel, almost 25 years ago. My wish is that gourmand perfumes stay elegant, creative and not too cloying.” PIERRE AULAS Olfactory Artistic Director Of Mugler “I tend to gravitate towards up-and-coming Asian brands for unique pieces.” CHARLENE CHUA Senior107 words
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Architect
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Article, Illustration982 2016-10-15 9 GEOFFREY EU - by GEOFFREY EU WHETHER at home or in the workplace, family matters to Angelene Chan. She grew up in 1970s Johor Baru, surrounded by dozens of extended-family members who all lived within a stone’s throw of each other in houses built around a landmark church. Now, as CEOART DIRECTION CHEAH WEI CHUN, PHOTOGRAPHY KEVIN YANG - 982 words
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Weekend Style
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Article, Illustration66 2016-10-15 10 / 11 From Vuitton to Burberry, these are the hardest working carryalls in town. For cool girls and boys. From L to R, top row: Saint Laurent, Mulberry, Louis Vuitton, BOSS. Bottom row: Burberry, Tod’s, Celine. From L to R, top row: Loewe, Tod’s, Longchamp, Louis Vuitton, Braun Buffel. BottomSTYLING CHEAH WEI CHUN. PHOTOGRAPHY MICKY WONG. STYLING ASSISTANT GRACIA PHANG - 66 words
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Weekend Feature
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Article, Illustration2711 2016-10-15 14 Is it all champagne and roses for Singaporeans based overseas? Daven Wu gets the lowdown on the expat high life. NIKHEEL ADVANI Hotelier Caribbean Islands No one could ever accuse Nikheel Advani of sitting still and gathering moss. In just two weeks, he has crossed the globePHOTOGRAPHY ELLEN & JASON BY AL OVERDRIVE. NIKHEEL, COURTESY. PETER BY ZHANG SHU MIN - 2,711 words
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Weekend Food
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Article, Illustration1025 2016-10-15 19 Tay Suan Chiang, Avanti Nim - Ever wonder what savvy foodies pack home from their trips? Tay Suan Chiang and Avanti Nim sniff out the gourmet goodies. Tay Suan Chiang, Avanti Nim THERE are two kinds of rabid foodsouvenir shoppers in Singapore: those who raid Haneda’s duty-free shops for strawberry cheesecake Kit Kat andPHOTOGRAPHY SATASILA DUKE - 1,025 words
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Weekend Design
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Article, Illustration551 2016-10-15 20 Cutting-edge looks once defined her, but today, ex-model Ethel Fong finds comfort in history and culture, as Tay Suan Chiang discovers. ETHEL Fong’s eye for beauty goes way beyond the designer fashion she paraded on the catwalk in the 1980s. Since the former Singaporean top model got marriedPHOTOGRAPHY RT+Q ARCHITECTS & YEN MENG JIIN - 551 words
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Article, Illustration165 2016-10-15 22 Apr 1956 Before NTUC Fairprice and ‘Bring Your Own Shopping Bag’ days, women went to wet markets with a basket. Not markets neatly organised into meat, fruit, vegetable and sundry sections, mind you they were just common grounds where anyone could come and set up shop, licence beBY AVANTI NIM. IMAGE SINGAPORE PRESS HOLDINGS - 165 words
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Advertisement42 2016-10-15 9 ROLEX THE LADY-DATEJUST The classically feminine Rolex, sized and styled to perfectly match its wearer since 1957. It doesn’t just tell time. It tells history. 28 OYSTER PERPETUAL LADY-DATEJUST 28 THE ROLEX CENTRE. ORCHARD ROAD SINGAPORE. TEL: 6830 5100 FAX! 6235 018342 words
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Advertisement260 2016-10-15 23 THE BUSINESS TIMES A MATTER OF TASTE PRESENT The latin stars wine dinner Friday, October 21, 2016 7:00PM 10:30PM Alma by Juan Amador Goodwood Park Hotel The Business Times turned 40 on October 1, 2016. To celebrate this special anniversary, BT and Robert Parker Wine Advocate are pleased to present260 words
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Title Section20 2016-10-15 1 WEEKEND www.businesstimes.com.sg~ ~@BusinessTimes A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MCI (P) 066/08/2016 S$1.20 OCTOB R 15-16, 201620 words
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Advertisement106 2016-10-15 1 THE RAFFLES CONVERSATION WILFRED WONG, PRESIDENT, SANDS CHINA 14-15 CUBICLE FILES Mental health first, work second 34 OFFBEAT When prawns get naked 35 THEY SAY IT’S WONDERFUL UP THERE IN THE FRONT OF THE PLANE... NOW, THERE’S A CLASS ACT AIRLINES GO ALL OUT FOR THE AFFLUENT PASSENGER DOLLAR BRUNCH106 words
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PERSPECTIVE
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Article, Illustration881 2016-10-15 2 Vikram Khanna - INSIDE VIEW by Vikram Khanna 1What do you think was the most remarkable thing that happened this week? Spoilt for choice here there’s a long list of remarkables to choose from: One: the continuing fallout from the leaked tape about US presidential contender Donald Trump braggingPHOTO: REUTERS - 881 words
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Article189 2016-10-15 2 Manpower Minister Lim Swee Say said the government will revamp the jobs bank, which was set up to give fair consideration to local candidates, into a portal that will offer more functions and facilitate career planning. Mon, Oct 10 The Monetary Authority of Singapore (MAS) shut189 words
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Article66 2016-10-15 2 Data on Singapore’s external trade in September Mon, Oct 17 M1’s Q3 2016 results Tues, Oct 18 Singapore Exchange's Q1 FY2017 results Wed, Oct 19 Third and final US presidential debate between Hillary Clinton and Donald Trump Wed, Oct 19 Monetary policy decision by the governing council66 words
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UPFRONT
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Article, Illustration827 2016-10-15 3 Kelly Tay - MAS leaves monetary policy untouched, keeping to neutral S$ policy band by Kelly Tay By Kelly Tay kellytay@sph.com.sg @KellyTayBT Singapore JUST how critical the Committee on the Future Economy (CFE) is was underscored on Friday, after official data showed that Singapore’s GDPSource: MTI - 827 words
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Article, Illustration555 2016-10-15 4 Kelly Tay - Economists warn of tougher times ahead, especially in services sector By Kelly Tay kellytay@sph.com.sg @KellyTayBT Singapore SINGAPORE’S twin engines of growth the services and manufacturing sectors floundered spectacularly in the third quarter of 2016, leaving the market aghast and promptingFILE PHOTO; Source: MTI - 555 words
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Article, Illustration1098 2016-10-15 5 Soon Weilun - Central bank keeps status quo for now, but they say S$NEER’s trading in upper level of current band may affect growth, inflation By Soon Weilun soonwl@sph.com.sg @SoonWeilunBT Singapore SINGAPORE’S central bank left its monetary policy stance untouched on Friday, but is already hopingSource: MAS - 1,098 words
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425 2016-10-15 6 LATEST US DATA BLOOMBERG Washington RETAIL sales climbed in September by the most in three months, showing American shoppers began to spend freely again after shying away from merchants earlier in the quarter. The 0.6 per cent advance followedBLOOMBERG - 425 words
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570 2016-10-15 6 Vivien Shiao - 85.4% in survey expect to add staff or remain the same in 2016, up from 83.7% last year by Vivien Shiao vshiao@sph.com.sg @VivienShiaoBT Singapore BUSINESS sentiment among small and me-dium-sized enterprises (SMEs) in Singapore remains weak, as they570 words
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Article, Illustration317 2016-10-15 6 Melissa Tan - by Melissa Tan melissat@sph.com.sg @MelissaTanBT Singapore IN YET another sign of economic gloom in Singapore, local retail sales for the month of August tumbled from the previous year with declines in every segment except motor vehicles, figures out Friday from the Department of StatisticsST FILE PHOTO - 317 words
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Article668 2016-10-15 7 Lee Meixian - Hotel Holdings offers S$43 per share for the shares it doesn’t own to consolidate its diverse shareholdings by Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore “HOUSEKEEPING” of a different kind is underway at the owner of668 words
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Article, Illustration1011 2016-10-15 8 Anthony Rowley - Asia will now need more than US$8t in the decade to 2020 By Anthony Rowley btworld@sph.com.sg Tokyo BACK in 2009, the Asian Development Bank (ADB) suggested in a report that Asia would need to spend US$8 trillion on infrastructure in thePHOTO: BLOOMBERG - 1,011 words
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396 2016-10-15 9 Virginie Mangin - Rise in producer prices led by rise in commodity prices by Virginie Mangin btwo rld@sph.com.sg Beijing INFLATION in China picked up last month with prices at factory gates (also called the producers’ price index or PPI) rising for the396 words
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Article, Illustration512 2016-10-15 10 Samuel Ee - Japanese carmaker impressed by what Eurokars boss has done in Singapore, wants him to replicate success there By Samuel Ee By samuelee@sph.com.sg Singapore A SINGAPORE car distributor is making waves beyond the Republic. In a prestigious move for the Eurokars Group, it512 words
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551 2016-10-15 10 Samuel Ee - By Samuel Ee samuelee@sph.com.sg Singapore WHAT a difference three months make. In the course of a quarter, Honda, Mazda and Mitsubishi have raced up the sales charts on strong private-hire demand, amid a 68 per cent jump in total car registrations in the first551 words
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Advertisement17 2016-10-15 3 Discover Greener Pastures Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Change of Address Notices17 words
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Advertisement240 2016-10-15 3 THE SOUND VISION SPECIALIST 7 Parrot 7 y Zik3.0 J •t The Headphone Bar SALE Parrot Audeze Cypher Labs AKG Audinst B&O Burson Westone shure Grado KEF JAYS FiiO RHA Sennheiser Heir Audio WOO Audio Fischer Audio HiFiMAN Ultimate Ears Klipsch Chord Selection of over 200 models available Turntable Specials240 words
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Advertisement300 2016-10-15 7 THE BUSINESS TIMES a m g m nii:«aNB»T»iBj| Everyone deserves a great Weekend In celebration of The Business Times' 40th Anniversary, readers can enjoy discounts on Grab rides and dining deals at selected exquisite restaurants this October! Grab $5 ofl your GrabTaxi ride this week! Promo code: BZTOKJ Enjoy a300 words
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Advertisement161 2016-10-15 8 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 and IN THE MATTER OF KBK AGENCIES PTE. LTD. Company Regn No *****3728M (In Voluntary Liquidation) NOTICE IS HEREBY GIVEN that the Creditors of the abovenamed Company, which is being wound up voluntarily, are required on or before 15TH NOVEMBER161 words
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Advertisement334 2016-10-15 9 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF YUKON MARINE PTE LTD (In Members’ Voluntary Liquidation) Company Registration No. *****1847W At an Extraordinary General Meeting of the Company duly convened and held at No. 1 Kim Seng Promenade #06-02 Great World City Singapore *****4334 words
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Advertisement342 2016-10-15 9 Tel 6289-8822 I Email notices@sph.com.sg I www.sphclass.com.sg IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SEASPEC MARINE SERVICES PTE LTD (In Members’ Voluntary Liquidation) Company Registration No. *****5035R At an Extraordinary General Meeting of the Company duly convened and held at No. 1 Kim342 words
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Advertisement331 2016-10-15 9 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF LABROY BULK CARRIERS PTE LTD (In Members’ Voluntary Liquidation) Company Registration No. *****6071E At an Extraordinary General Meeting of the Company duly convened and held at No. 1 Kim Seng Promenade #06-02 Great World City331 words
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Advertisement332 2016-10-15 9 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF HYLYNX PTE. LTD. (In Members’ Voluntary Liquidation) Company Registration No. *****3585D At an Extraordinary General Meeting of the Company duly convened and held at No. 1 Kim Seng Promenade #06-02 Great World City Singapore *****4 on332 words
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Advertisement333 2016-10-15 9 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF DINAR VENTURE PTE LTD (In Members’ Voluntary Liquidation) Company Registration No. *****3009N At an Extraordinary General Meeting of the Company duly convened and held at No. 1 Kim Seng Promenade #06-02 Great World City Singapore *****4333 words
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Advertisement333 2016-10-15 9 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF CROWN SHIPPING PTE. LTD. (In Members' Voluntary Liquidation) Company Registration No. *****3274D At an Extraordinary General Meeting of the Company duly convened and held at No. 1 Kim Seng Promenade #06-02 Great World City Singapore *****4333 words
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BRUNCH
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Article, Illustration2064 2016-10-15 11 NISHA RAMCHANDANI - FRETTE BED LINEN? CHECK. FLAT BEDS? BUT OF COURSE. A THREE-ROOM SUITE? RIGHT THIS WAY. AIRLINES ARE MAKING PREMIUM CLASS EVEN MORE OPULENT IN A BID FOR THE AFFLUENT PASSENGER DOLLAR. BY NISHA RAMCHANDANI nishar@sph.com.sg @Nisha_BT SIABusinessClassseat,launched2013 IF layovers and boarding gates are a state of purgatory forARTWORK: SARAH CHUA AND SIMON ANG - 2,064 words
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THE RAFFLES CONVERSATION
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Article, Illustration1900 2016-10-15 14 / 15 LEE U-WEN - WILFRED WONG, PRESIDENT OF SANDS CHINA, IS A MAN WITH A PLAN. BY LEE U-WEN leeuwen@sph.com.sg @LeeUwenBT The seconds are ticking down, and the crowd is growing, both in size and in restlessness. It’s a humid Tuesday evening in Macau, and they’re all waiting for the clock toPHOTOS: BLOOMBERG, AFP - 1,900 words
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COMPANIES
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Article, Illustration683 2016-10-15 16 Kenneth Lim - On reports of lay-offs, merger of tabloids, CEO says some of group’s plans awaiting approval by Kenneth Lim kenlim@sph.com.sg @KennethLimBT Singapore SINGAPORE Press Holdings’ (SPH) net profit for fiscal 2016 fell 17.5 per cent to S$265.3 million as revenue from its core683 words
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510 2016-10-15 16 Kenneth Lim - By Kenneth Lim kenlim@sph.com.sg @KennethLimBT Singapore SHAREHOLDERS heading into the upcoming rotation of annual general meetings can turn to the Securities Investors Association (Singapore) for ideas on what questions to ask. The advocacy group for retail shareholders, also known as SIAS,510 words
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Article, Illustration749 2016-10-15 17 Nisha Ramchandani - Fuel-efficient A350 will allow carrier to add capacity to long-haul network by Nisha Ramchandani nishar@sph.com.sg @Nisha_BT Toulouse, France SINGAPORE Airlines (SIA), which received its sixth A3 50-900 on Friday, is due to collect another 18749 words
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692 2016-10-15 17 Tan Hwee Hwee - By Tan Hwee Hwee hweetan@sph.com.sg @HweetanBT Singapore TWO local banks are among the noteholders that support the restructuring of Marco Polo Marine’s S$50 million medium term notes (MTN) that are maturing this month. Marco Polo chief executive Sean692 words
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Article, Illustration726 2016-10-15 18 SET up 4.6%, baht rises 0.9%; volatility expected BLOOMBERG Kuala Lumpur THAI stocks jumped the most since 2013 and the baht strengthened on prospects for a smooth transition following the death of King Bhumibol Adulyadej, the world’s longest reigning monarch. TheBLOOMBERG; PHOTO: BLOOMBERG - 726 words
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503 2016-10-15 18 Siow Li Sen - by Siow Li Sen lisen@sph.com.sg @SiowLiSenBT Singapore JULIUS Baer Group on Thursday sold S$325 million 5.75 per cent perpetual Additional Tier 1 (AT1) bonds to cash-rich investors looking to redeploy their funds. These were the second Singdollar AT1 perpetuals sold by the Swiss503 words
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1075 2016-10-15 19 Fish distributor’s decision to seek US bankruptcy protection highlights “limitations” of existing laws here, say consultants BLOOMBERG Hong Kong THE decision by a fish distributor listed in Singapore to abandon local court proceedings and seek US bankruptcy protection shows the hurdles the cityBLOOMBERG - 1,075 words
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Article, Illustration489 2016-10-15 19 Anita Gabriel - HOT STOCK by Anita Gabriel anitag@sph.com.sg @AnitaGabrielBT Singapore HALLYU fever (Korean wave) hit the local bourse on Friday as investing fans of South Korean film producer Spackman Entertainment Group rallied behind the stock, flicking it higher by 17 per cent or 2.1 Singapore centsSource: Bloomberg - 489 words
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524 2016-10-15 20 R Sivanithy - STOCKS by R Sivanithy THE local stock market has always been driven more by external rather than internal factors and this week was no different. US earnings concerns played a part in the weakness that saw the Straits Times Index (STI)524 words
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BROKERS’ TAKE
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Article87 2016-10-15 20 Singapore Reits > Equal weight Phillip Securities Research, Oct 14 US and Singapore Reits outperformed their respective benchmark indices in the last rate-hike cycle. Hong Kong and US Reits have outperformed from post-global financial crisis in 2010 until the present. Despite the lower gross forward dividend yields for US and87 words
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Article115 2016-10-15 20 Singapore hospitality > Neutral OCBC Investment Research, Oct 14 MEDIA reports and statistics seem to point to a continued deterioration of corporate demand. For serviced residences, we look at reported headquarter relocations and layoffs that could have or could still affect expat-housing demand. For hotels, we note that the number115 words
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Article176 2016-10-15 20 Cai Haoxiang - ST Engineering > Add Compiled by Cai Haoxiang CIMB Research, Oct 13 Target price: S$3.60 Oct 14 close: S$3.18 WE hosted an NDR (non-deal roadshow) for ST Engineering (STE) in the United States and Toronto. No major change in strategy by the new CEO but we believe resumption of growth176 words
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Article797 2016-10-15 20 Substantial shareholder/director transactions For week beginning Oct 10 Substantial Buy No of Price ———SHAREHOLDING Trans Shareholder/ Sell Shares Per Before After Stock Date Director Conv '000 Shr ('000) ('000) New Silkroutes Grp 11-Oct-16 Goodwood Associates Sell 203 0.90 ***** 11.59 ***** 11.43 Noble Grp 11-Oct-16 Franklin797 words
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INVESTING & WEALTH
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Article, Illustration1234 2016-10-15 21 GENEVIEVE CUA - But HNWIs in the region still prefer parking more wealth in physical cash or retail bank accounts. BY GENEVIEVE CUA BY GENEVIEVE CUA gen@sph.com.sg @GenCuaBT TRUST in wealth managers among the region’s wealthy has trended up significantly this year, but this hasSource: Asia-Pacific Wealth Report 2016, Capgemini Financial Services - 1,234 words
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Article, Illustration944 2016-10-15 22 Noah Smith - The greater the potential reward from picking market shifts, the greater the risk. By Noah Smith by Noah Smith BLOOMBERG IAM writing this a little bit late maybe seven years too late. It was after the financial crisis that “tactical asset allocation”BLOOMBERG - 944 words
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1384 2016-10-15 23 Ho Song Hui - It aims for capital appreciation by investing in fixed income and equities. by Ho Song Hui ~The writer is the assistant director of the Research and Content team at Fundsupermart.com (fsm). FSM is the Business-to-Consumer (B2C) division of iFAST Financial Pte Ltd, the Singapore subsidiary1,384 words
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Indices
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Article144 2016-10-15 24 PRICE MARKET 5-DAY% Est P/E P/B YEAR-TO-DATE Philippines PCOMP 7,389.30 -2.49 18.8 2.43 6.3 India NIFTY 8,589.05 -1.77 18.6 2.85 8.1 US S&P 500 2,132.55 -1.31 18.1 2.81 4.3 Indonesia JCI 5,399.89 0.42 17 .8 2.52 17.6 UK FTSE 100 7,019.88 -0.35 17.1 1.84 12.5 Malaysia KLCI144 words
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Article, Illustration27 2016-10-15 24 NAME PRICE/UNIT 3-MONTH% Gold US$1, 256.15/OZ -5.5 Silver US$17.526/oz -13.1 Copper US$4,712/MT -4.6 Soybeans US$956.3/bu -13.5 Palm Oil MYR2,667/MT 18.9 Coffee US$154.45/lb -0.4 Sugar US$23.04/lb 14.727 words
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Currencies
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Article94 2016-10-15 24 CURRENCY CURRENCY PRICE 5-DAY 1-MONTH 1-MONTH YEAR-TO-DATE Singapore dollar 1.3879 -0.94 -1.62 1.82 China RMB 6.7247 -0.45 -0.77 -3.53 Offshore RMB 6.7332 -0.36 -0.85 -2.42 Indian rupee 66.7450 -0.03 0.20 -0.88 Indonesian rupiah 13,039 -0.43 1.33 6.22 Japanese yen 104.25 -0.54 -1.49 15.47 Korean won 1,131.8894 words
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Article, Illustration12 2016-10-15 24 Compiled from Bloomberg at 5.30pm on October 14Compiled from Bloomberg at 5.30pm on October 14 - 12 words
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STI
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396 2016-10-15 25 NAME PRICE WEEKLY PRICE CHANGE PRICE LOW HIGH YTD TOTAL RETURNS P/E P/B DIVIDEND 12-MONTH YIELD MARKET CAP ($M) 52 WEEK PRICE RANGE Wilmar International Ltd 3.22 2.64 3.71 12.2 23.4 1.04 2.5 20,336.8 StarHub Ltd 3.43 3.29 3.96 -3.3 14.7 26.73 5.8 5,933.2 Golden396 words
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Reits and rates
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193 2016-10-15 25 NAME LAST PRICE (S$) P/B DIVIDEND 12-MONTH YIELD Sabana Shari'ah Compliant Indu 0.53 9.3 0.65 Cache Logistics Trust 0.88 9 .0 1.01 Viva Industrial Trust 0.78 9 .0 0.96 Lippo Malls Indonesia Retail T 0.38 8.9 1.00 Frasers Hospitality Trust 0.70 8.8 0.92 IREIT193 words
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53 2016-10-15 25 MARKET 3-MONTH CHANGE POINTS) MARKET 3-MONTH CHANGE POINTS) Malaysia 3.591 0.080 New Zealand 2.493 0.201 Philippines 3.692 0.357 South Korea 1.559 0.181 Taiwan 0.810 NA Thailand 2.204 0.301 Singapore 1.874 0.143 Australia 2.262 0.305 Hong Kong 0.994 0.070 Indonesia 6.998 -0.127 India 6.751 -0.53253 words
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Article, Illustration12 2016-10-15 25 Compiled from Bloomberg at 5.30pm on October 14Compiled from Bloomberg at 5.30pm on October 14 - 12 words
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REAL ESTATE
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Article, Illustration657 2016-10-15 26 Kalpana Rashiwala - Jewellery business boss buys Nassim Park Residences penthouse and Spanish tycoon continues buying spree for shophouses by Kalpana Rashiwala kalpana@sph.com.sg @KalpanaBT Singapore TWO ultra high net worth foreign property investors in Singapore are expanding their presence here. In thePHOTO: UOL GROUP - 657 words
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403 2016-10-15 26 BLOOMBERG Singapore BLACKSTONE Group LP and Singapore sovereign fund GIC Pte have been shortlisted to purchase a 40 per cent stake in the rental property arm of DLF Ltd, India’s largest listed developer, people with knowledge of the matterBLOOMBERG - 403 words
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Article, Illustration517 2016-10-15 27 Interest from mainland buyers, amid a surge in home prices in many cities there, may support territory’s property market, analysts add BLOOMBERG Hong Kong CHINESE buyers are stepping up home purchases in Hong Kong, where prices are becoming “relativelyBLOOMBERG; PHOTO: BLOOMBERG - 517 words
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253 2016-10-15 27 REUTERS Shanghai BANKS in China’s financial hub Shanghai have been asked by the authorities to limit loans to property developers for land purchases and to scrutinise would-be borrowers suspected of trying to access mortgages by getting divorced, the Shanghai Daily reportedREUTERS - 253 words
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Article1471 2016-10-15 28 Property transactions for selected districts with contract dates between Sept 29 and Oct 4, 2016 PROJECT NAME/ PROP CONTRACT TENURE BUILT-IN TRANSACTED PSF TOX* RENTAL STREET NAME TYPE DATE /LAND PRICE (S$) YIELD** AREA (S$,000) (SQF) District 1 THE CLIFT Apt 29/09/2016 99 527 1,110 2,105 3.74 3.84 District1,471 words
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323 2016-10-15 29 PROJECT NAME/ PROPERTY LOWEST MEDIAN HIGHEST NO. OF STREET NAME TYPE PRICE (S$) PRICE (S$) PRICE (S$) TRANSACTIONS District 1 The Sail Marina Bay Apartment 3,000 4,250 6,800 26 Robinson Suites Apartment 2,900 3,200 4,000 15 District 2 Altez323 words
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Article94 2016-10-15 29 RANKING NAME TOTAL SEARCHES IN PAST MEDIAN PRICE PSF TWO WEEKS (S$) 1 REFLECTIONS AT KEPPEL BAY 829 1,593 2 D'LEEDON 781 1,501 3 SUITES TOPAZ 566 971 4 MARINA BAY RESIDENCES 434 1,985 5 IVORY HEIGHTS 425 750 6 THE SAIL MARINA BAY 186 1,78994 words
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Article162 2016-10-15 29 DATE FLOATING RATES, PEGGED TO: FIXED RATES WEEK OF OCT 10 SIBOR SOR COMBO BANK’S BOARD RATE Lowest rate 1.13% 1.23% 1.38% 1.00% 1.60% this week Change from 0.00% 0.03% 0.02% 0.00% 0.00% last week Monthly payment* $1,148.75 $1,162.21 $1,182.48 $1,130.62 $1,213.96 Change from -$0.07 $4.27162 words
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Article, Illustration429 2016-10-15 29 Data suggests regulator’s amortisation requirement in June seems to have had only limited impact in cooling market BLOOMBERG Stockholm SWEDISH housing price gains accelerated last month as the red-hot market fought off measures that are forcing homeowners to pay down theirBLOOMBERG; PHOTO: BLOOMBERG - 429 words
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Advertisement16 2016-10-15 22 Grow Your Stock Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Mergers Acquisitions Notices16 words
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Advertisement40 2016-10-15 27 GOOD CLASS BUNGALOW HOLLAND PARK *****/***** sqft Brand new, pte lift Elevated, wide frontage Opp Botanic Gdn Motivated Seller Exclusive Marketing Agent K H Tan *****348 Joanne Lai *****025 Newsman Realty Pte Ltd Estate Agt L*****29F. CEA Reg R*****9A, R*****3C40 words
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Advertisement45 2016-10-15 27 HOT PROPERTY MODERN 3.5STY TERR, $2.xm Rebuild 2009, 6+granny,2car 1508:3300sqft, skylight, NW. Katong, serious PREMIUM PRESTIGIOUS BEST location! Greenfield Drive. Quiet park view. Double storey semi-d. 4300 sqft. $6.5M. LANDED PROPERTIES FOR SALE Check out these properties and more in The Straits Times Classified now!45 words
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THE BROAD VIEW
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Article, Illustration863 2016-10-15 30 Wong Wei Kong - Amid negative reports on the economic, property and job fronts, there are bright spots too for Singapore SATURDAY SOAPBOX by Wong Wei Kong “THINGS look really bad huh,” someone said the other day. It’s easy to nod in agreement. The bad news won’tARTWORK: YU KEXIN - 863 words
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Article, Illustration1062 2016-10-15 31 Dwight Garner - The Nobel Prize in Literature award acknowledges that he is among the most authentic voices America has produced. By Dwight Garner By Dwight Garner NYTIMES “I’M the first person who’ll put it to you,” Bob Dylan said in a 1978 interview, “and theNYTIMES; PHOTO: AFP - 1,062 words
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GOLF
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Article, Illustration552 2016-10-15 32 Justine Moss - Australia’s Curtis Luck overcomes a seven shot deficit in AAC in South Korea to clinch the top spot. By Justine Moss by Justine Moss IT was definitely not luck but rather all class when Australia’s Curtis Luck won the Asia-Pacific Amateur Championship (AAC) in South Korea lastPHOTO: AAC - 552 words
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Article, Illustration444 2016-10-15 32 Justine Moss - by Justine Moss Seven years after Singapore last hosted the Asia-Pacific Amateur Championship (AAC), the 2018 edition will take place at Sentosa Golf Club (SGC), whose Serapong course was ranked 58th in the Golf Digest ranking of the World’sPHOTO: AAC - 444 words
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LIFE & CULTURE
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Article, Illustration789 2016-10-15 33 Jacquelyn Cheok - DISRUPTED Welcome to BT’s first column on the big D word. If you are reading this, you care about life-changing, planet-improving technologies. Ideas excite you, the more disruptive the better! Here, you will find personal stories on discoveries that brim with optimism about the future. EvenPHOTO: YEN MENG JIIN - 789 words
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Article, Illustration1236 2016-10-15 34 Vivien Shiao - CU BICLE FILES by Vivien Shiao WHEN start-up co-founder Laura Allen started feeling exhausted, overly emotional and mentally out of sorts, she thought to herself that she was just burnt out. Sure, she was busy with work and wore all the signs of success. Her1,236 words
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Article, Illustration781 2016-10-15 35 Kelly Tay - OFFBEAT By Kelly Tay kellytay@sph.com.sg @KellyTayBT A crustacean's existential crisis HERE’S a question for the ages: If a prawn has been removed from its shell, is it a shelled prawn or a deshelled one? Going by most restaurant menus in Singapore, they’re deshelled the “de” prefixARTWORK: YU KEXIN - 781 words
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Page 35 Miscellaneous
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Miscellaneous299 2016-10-15 35 CRYPTIC CROSSWORD Across 4 Domestic lifting? (8) 8 Foreign dish in US city after spring’s back (6) 9 Scary weapon encapsulated in a way of speaking almost (8) 10 Eleven divided by one makes two! (4,4) 11 Obvious protection for an inventive type (6) 12 Legitimate object of ridicule in299 words
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Page 36 Advertisements
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Advertisement330 2016-10-15 36 To celebrate the 40th anniversary of The Business Times, we are turning your Weekend inside out... Weeks T'ffiBisiN’Ess 'times' '3S Creative Director ruan Chlng Unwind in style with the all-new 2-in-i Business Times Weekend From Saturday 8 October, the weekend edition will feature a luxury lifestyle magazine called Weekend that330 words
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