The Business Times, 3 December 2016
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2016-12-03
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The Business Times
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Title Section58 2016-12-03 1 THE BUSINESS TIMES WEEKEND 3–4 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 B U S businesstimes.com.sg fb.com/thebusinesstimes @BusinessTimes A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO58 words
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Advertisement50 2016-12-03 1 Served BeingNow What it takes to bring over popular dishes from abroad T H E W E E K E N D I N T E RV I E W Alfred Leung Founder CEO of ImperialTreasure Restaurant Group Six Million Dollar Man He sells ‘super cars’ to an exclusive clientele50 words
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Advertisement126 2016-12-03 2 B U S I N E S S T I M E S C O M S G C O R E G N N O 1 9 8 4 0 2 8 6 8 E Nostalgia 26 M C I P 0 4 0 0 8 2 0 1126 words
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Advertisement72 2016-12-03 3 Didier Gourdon J L RICHARD MILLE 53N p ss s r» s# t 3 i k a? "v"*V 8 Vi to r- i (Vi w i/J-i r-v i •>.* -A i c" Tits £V tP! §1 **>1.*-. *2.i Cv •v'v v V. .N t‘* p CALIBER RM 07-01 RICHARD MILLE72 words
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THE BUSINESS TIMES WEEKEND
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Article, Illustration142 2016-12-03 4 Scott Square’s annual Art of Giving exhibition is the luxury mall’s way of celebrating the festive season with a generous spirit. Now into its fifth year, 2016’s edition marks the first collaboration between them, gallery-retail space K+ and School of the Arts (SOTA). The exhibition, K+142 words
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Article, Illustration87 2016-12-03 4 l–r: HICTwo new desserts from this cold-pressed juice company frozen popsicles HIC POPS, and HIC FREEZE, a vegan, lactosefree and gluten-free ice cream. REVOLUTION COFFEE Mod-Sin chef Shen Tan now heads this kitchen serving her famous nasi lemak and a new buah keluak pasta. T. 6777 2110. MONTITAY SUAN CHIANG, AVANTI NIM, RACHEL LOI AND CHEAH UI-HOON TAN, DYLAN BY COMPILED - 87 words
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Article, Illustration134 2016-12-03 4 If there was any ballet associated with the festive season, it would undeniably be The Nutcracker, based on the story by E.T.A Hoffman. From Dec 7 to 11, the Singapore Dance Theatre will stage their version of this iconic performance at The Esplanade, with staging and choreography134 words
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Article, Illustration49 2016-12-03 4 THE GODFATHER (1972) “Everything you wanted to know about the mob but was too afraid to ask, you’d find it here in this Francis Ford Coppola classic. Nothing comes close... OK, maybe except (Martin Scorsese’s) Goodfellas (1990) about two decades later.” Marilyn Wong, freelance yoga instructor49 words
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Weekend Buzz
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Article, Illustration166 2016-12-03 5 Craving a bit of Java? No, not the coffee, but Indonesia’s fifth-largest island. If you’re a rooftop-dweller at heart, check out Agra, the highest rooftop lounge and bar located on the 29th floor of Alila Solo resort. Opened earlier this year, Agra offers a selection of eclectic166 words
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Article, Illustration136 2016-12-03 5 Catch the Christmas spirit early at Gardens by the Bay with their month-long Christmas Wonderland 2016. On top of an ice skating rink, Santa’s House, and carnival games, ticket-holders will also have access to a festive market and exclusive dining options. Get your Christmas shopping done with imported136 words
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Article, Illustration319 2016-12-03 5 AMY LEE - WHAT PEOPLE DO, WHY AND WHERE AMY LEE CONSULTANT FOR A LEGAL FIRM “As much as I can, I’ll be off to dive during the weekends. Cebu is close by, easily accessible, dive sites generally have good visibility, and they have accommodation that suits all budgets. Silkair andCHEAH SHARON TO TOLD AS - 319 words
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Weekend Buys
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Article, Illustration65 2016-12-03 6 ERMENEGILDO ZEGNA - BY ERMENEGILDO ZEGNA Putting on a beautifully designed suit elevates my spirit, and helps define me as a man to whom details matter.” GAY TALESE Author Pelle Tessuta Sneakers, $1,395 Pelle Tessuta Double Cross Body, $2,545 Pelle Tessuta Gloves, $1,300 Trofeo Wool Denim Classic Crombie Coat, $3,800, Doublebreasted Vest,65 words
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Weekend Interview
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Article, Illustration1027 2016-12-03 9 GEOFFREY EU - Founder CEO of Imperial Treasure Restaurant Group by GEOFFREY EU MEDIA interviews are not among Alfred Leung’s favourite things. The head honcho of the Imperial Treasure Restaurant Group is famously reticent when it comes to the culinary press, even though he has a track record that many restaurateursART DIRECTION CHRIS FOO. PHOTOGRAPHY JULIANA TAN - 1,027 words
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Weekend Feature
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Article, Illustration1930 2016-12-03 10 Thanks to a handful of gutsy entrepreneurs, more foreign food concepts are opening up in Singapore. Rachel Loi meets the key players. EVEN if the concept of foreign talent is still a contentious subject for Singaporeans, there’s always one thing they welcome whole-heartedly and want evenPHOTOGRAPHY JULIAN TAN - 1,930 words
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Weekend Food
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Article, Illustration972 2016-12-03 14 Tay Suan Chiang uncovers three hot new Sichuan restaurants boasting fresh, alternative looks. LongQing Hotpot 18 Hong Kong Street, T. 6533 1618 Singaporean James Chiew and his Chongqing-born wife, Zhou Ting Ting love hotpot and each other. So naturally, LongQing Hotpot is a happy confluence of “our972 words
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Weekend Drive
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Article, Illustration1138 2016-12-03 16 / 17 What kind of person can afford the Koenigsegg Agera RS? Michael Lim, CEO of Motorway Group, gives Samuel Ee some insights. IT’S wild, it’s loud and it’s one of the most powerful production cars in the world. By contrast though, the man selling the Koenigsegg AgeraPHOTOGRAPHY: KELVIN CHNG - 1,138 words
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Article, Illustration644 2016-12-03 18 Samuel Ee sees how the latest Nissan GT-R makes a striking shift into luxury gear. MORE than four decades after the GT-R badge was born, the iconic sports car has finally embraced the one thing it has neglected in its pursuit of performance luxury. Loads of it.644 words
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Weekend Wine
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Article, Illustration693 2016-12-03 19 Samuel Ee gets a lesson in vintage blends and dish pairings from Chateau Angelus owner Hubert de Bouard de Laforest. IF you can tell a wine by its owner, look no further than Hubert de Bouard de Laforest the very approachable boss of Chateau Angelus. The warmBANFI OF COURTESY PHOTOS - 693 words
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Weekend Watch
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Article, Illustration1052 2016-12-03 20 / 21 The key winners at this year’s annual Grand Prix D’Horlogerie De Geneve prove that luxury watchmakers still take pride in accurate time-keeping, as Chuang Peck Ming observes. WE are often told that you don’t buy a luxury timepiece just to tell the time. A handphone or Japanese1,052 words
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Weekend Holiday
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Article, Illustration681 2016-12-03 22 / 23 It may be remote, but New Zealand’s Marlborough Sounds more than makes up for it with stunning scenery, while the rest of the Marlborough region is known for its award-winning wines, as Corinne Kerk learns. WHAT do you do when you’re living in a remote part of the681 words
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Weekend Style
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Article, Illustration536 2016-12-03 24 CHARLOTTE LYNGGARD - Nature Tradition Corinne Kerk meets the unconventional designers behind two distinctly different jewellery brands. CHARLOTTE LYNGGARD Ole Lynggaard Copenhagen The Lynggaard family picture featured in the Ole Lynggaard Copenhagen press release is a slightly strange one. It reminds you somewhat of those odd vintage photographs that inspired the book, Miss536 words
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Article, Illustration550 2016-12-03 25 Story Technique DANILO GIANNONI Giamore He was raised in a family of military men. So there was a moment of stunned silence when a young Danilo Giannoni declared that he wanted to become a jewellery designer. But while his ambition may have come as a shock to his folks, Mr550 words
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Weekend Nostalgia
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Article, Illustration161 2016-12-03 26 Aug 1958 To swallow or spit? That was the question in Singapore when men (and some macho women) thought nothing of expectorating anywhere on the street whenever they felt a tickle in their throats. But rather than face a future of dodging spitballs, the Singapore City Council underSINGAPORE OF ARCHIVES NATIONAL OF COURTESY COLLECTION, ISHAK YUSOF IMAGE NIM. AVANTI BY - 161 words
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Advertisement12 2016-12-03 7 ENJOY $120 OFF* MILK SOLUTION MACHINES *T&Cs apply. Check in-store for details.12 words
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Advertisement54 2016-12-03 9 f ROLEX THE YACHT-MASTER II The ultimate skippers’ watch, steeped in yachting competition and performance, featuring an innovative regatta chronograph with a unique programmable countdown. It doesn’t just tell time. It tells history. On ti 5i 4 Y-jQrr OYSTER PERPETUAL YACHT-MASTER II THE ROLEX CENTRE. ORCHARD ROAD SINGAPORE. TEL: 683054 words
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Advertisement49 2016-12-03 27 Stretch your weekend Get the best in travel, food, design, motoring and fashion, in-depth features, thought-provoking columns and insights of the week.. Stretch your weekend with the new Business Times Weekend now. Subscribe now at btsub.sg/promo or call 6388 3838 •bourne eat *> al the SPCiJ° *#nr WS T ho°ght49 words
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Page 28 Advertisements
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Advertisement218 2016-12-03 28 IL.S'Mfli If m. TO BREAK THE RULES, YOU MUST FIRST MASTER THEM. i j THE VALLEE DE JOUX. FOR MILLENNIA A HARSH, UNYIELDING ENVIRONMENT; AND SINCE 1875 THE HOME OF AUDEMARS PIGUET, IN THE VILLAGE OF LE BRASSUS. THE EARLY WATCHMAKERS WERE SHAPED HERE, IN AWE OF THE FORCE OF218 words
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Advertisement76 2016-12-03 1 THE RAFFLES CONVERSATION ALEXIS NASARD, CEO OF BATA 14-15 THE FINISH LINE A football feast to savour 36 OFFBEAT PSLE lessons that matter 35 ANYWHEREBUTEHERE SINGAPOREANS TRAVEL TO FIND NEW PLACES. BUT MANY END UP FINDING THEMSELVES. BRUNCH 11-13 PHOTO-ILLUSTRATION: SIMON ANG PHOTO: MIKI CHARWIN INSIDE VIEW Have rail will76 words
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Advertisement32 2016-12-03 1 UPFRONT MAS fines StanChart, Coutts total of S$7.6m StanChart and Coutts Singapore have been slapped with fines, putting them in the circle of private banks punished for funnelling 1MDB’s tainted flows. 432 words
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Advertisement26 2016-12-03 1 BT DATA Manufacturing expands for 3rd month Singapore’s purchasing managers’ index continues its climb in November. Details in a new series tracking Singapore’s economic indicators. 626 words
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Advertisement37 2016-12-03 1 WEALTH Bucking the greenback It’s too early to know if the Trump bump is a benign or malignant lump, but the dollar index’s move above US$1.005 is an important breakout from 22 months of sideways trading 2137 words
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PERSPECTIVE
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Article, Illustration702 2016-12-03 2 Anita Gabriel - INSIDE VIEW by Anita Gabriel 1What do you think was the most significant thing that happened this past week? Black Friday! Who doesn’t fancy scoring a hand-rubbing good bargain? Sixty to seventy per cent off Kenneth Cole boots in the US; half price for a classy702 words
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Article271 2016-12-03 2 In its annual financial stability review, the Monetary Authority of Singapore hinted that it wants more time for property cooling measures to work through the economy. On the back of these measures, “growth in housing loans has eased considerably and the overall risk profile of housing271 words
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Article28 2016-12-03 2 Super Group’s Q3 results Mon, Dec 5 Del Monte Pacific’s Q2 results Tues, Dec 6 The European Central Bank’s monetary policy decision Thurs, Dec 828 words
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UP FRONT
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940 2016-12-03 4 Jamie Lee - Both rapped for breaches relating to anti-money laundering laws by Jamie Lee leejamie@sph.com.sg @JamieLeeBT Singapore STANDARD Chartered Singapore and Coutts Singapore have been slapped with fines by the central bank, putting them in the circle of private banks censured or940 words
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617 2016-12-03 4 Jamie Lee - by Jamie Lee leejamie@sph.com.sg @JamieLeeBT Singapore THE Monetary Authority of Singapore (MAS) has singled out a former star banker from Goldman Sachs for his purportedly “false statements” linked to tainted 1MDB flows and which were issued to a Luxem-bourg-based financial institution. The617 words
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Article, Illustration203 2016-12-03 6 KELLY TAY - Turning in a slightly beter reading than expected, Singapore’s purchasing managers’ index (PMI) rose 0.2 point to 50.2 in November marking the third month of expansion. According to a Bloomberg poll, the market had expected last month’s PMI to remain unchanged from October’s readingCompiled by BT - 203 words
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Article, Illustration450 2016-12-03 6 Lee U-Wen - By Lee U-Wen leeuwen@sph.com.sg @LeeUwenBT Singapore THE Legal Service Commission has appointed Kwek Mean Luck as the new solicitorgeneral of the Attorney-General’s Chambers (AGC), and Mavis Chionh to be the second solicitor-general. Both of them will start work in their new positions on450 words
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Article, Illustration634 2016-12-03 8 Washington US hiring picked up in November while the unemployment rate tumbled to a nine-year low on a drop in the number of people in the workforce and wages unexpectedly declined, providing a mixed picture of the labour market. ThePHOTO: AFP - 634 words
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Article, Illustration602 2016-12-03 8 US president-elect soaks up adulation at buoyant Ohio rally AFP Washington US President-elect Donald Trump said on Thursday he has picked the tough-talking retired general James Mattis to be his defence secretary as he soaked up adulation at a buoyant Ohio rally thatAFP; PHOTO: REUTERS - 602 words
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378 2016-12-03 9 BLOOMBERG Jakarta INDONESIAN President Joko Widodo sought to ease tension in the nation by appearing at a rally of more than 150,000 people seeking to jail Jakarta’s Christian governor, an ally of his, over blasphemy allegations. The president, also knownBLOOMBERG - 378 words
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Article, Illustration480 2016-12-03 9 Lee U-Wen - Ghim Moh visit is last item on her 3-day official trip to Singapore by Lee U-Wen leeuwen@sph.com.sg @LeeUwenBT Singapore THERE was a buzz at Ghim Moh Market and Food Centre early on Friday morning when Myanmar State Counsellor Aung San SuuPHOTO: MARK CHEONG/ THE STRAITS TIMES - 480 words
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Article, Illustration649 2016-12-03 10 Anthony Rowley - Yield on 10-year government bond may need to rise to between 0.5 and one per cent: Sayuri Shirai by Anthony Rowley btworld@sph.com.sg Tokyo THE Bank of Japan (BOJ) might be forced to allow long-term government bond649 words
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660 2016-12-03 10 Pauline Ng - By Pauline Ng btworld@sph.com.sg Kuala Lumpur THE Malaysian central bank has decided to allow exporters to retain up to a quarter of their export proceeds in foreign currencies, and will provide for higher returns for ringgit-export proceeds that are kept in a660 words
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Advertisement298 2016-12-03 5 I WHERE THE VIEWS ARE ENCHANTING ALL AROUND “We have a great view even though we’re located on the ground floor because we’re looking out to unique architecture found only in Tiong Bahru.” a t t i on g b a h ru A luxurious home centrally located at Tiong298 words
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Advertisement181 2016-12-03 7 U 1/ <1 T r 'Ij it i^ I Ktt I l 1 1 L MINI 3 DOOR rt. v i DON’T BLINK OR YOU’LL MISS IT. THE MINI COOPER 3 8 5 DOOR. NOW FROM $131,800. Combined with a responsive MINI TwinPower Turbo engine for a fast yet efficient181 words
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Advertisement184 2016-12-03 8 In the matter of the Companies Act, Cap. 50 And In the Matter of Asian Geos (S) Pte Ltd (Registration No.: *****0452W) Notice of Resolutions At the Extraordinary General Meeting of the Company duly convened and held on 25 November 2016 at 600 North Bridge Road, #05-01 Parkview Square, Singapore184 words
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Advertisement63 2016-12-03 9 2016 2016 China Art Auctions 2016- n °pt0#g#? 2016 ff 12 n 21 B -22 BgfcM£*r ssy+^R^ati^M^E'M4gy6tiJ5$3tB^. Singapore jinsha international auction pte.Ltd. nfNHS Zhuhai Red Sun International Art Exhibition Co., Ltd. UK EARL International Auction Ltd. Guangzhou Chinese Art Exhibition Service Co., Ltd. Shenzhen zhongmeiShengJia International Art Exhibition Service Co.,63 words
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BRUNCH
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Article, Illustration2268 2016-12-03 11 SOON WEILUN - IT’S THAT TIME OF THE YEAR WHEN OUR BUSY ISLAND FALLS INTO A LIGHT SLUMBER. OUR STREETS ARE EMPTIER, OUT-OF-OFFICE REPLIES CLOG UP INBOXES SINGAPORE IS ON HOLIDAY. BUT EVEN AS WE INDULGE IN OUR WANDERLUST, DO FOREIGN SIGHTS AND SOUNDS GUIDE US THROUGH OUR OWN EMOTIONALSource: Hotels.com; Source: Skyscanner; Source: Airbnb, compiled by BT - 2,268 words
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THE RAFFLES CONVERSATION
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Article, Illustration2005 2016-12-03 14 / 15 CHUANG PECK MING - Alexis Nasard, the new boss of footwear maker Bata, hopes to bring the swagger back to the 122-year-old brand. BY CHUANG PECK MING peckming@sph.com.sg @PeckmingBT PHOTO: ARTHUR LEE BATA, the shoe-maker is still around Singapore is in fact home to its Asia-Pacific and Africa operations. Yet thePHOTO: ARTHUR LEE - 2,005 words
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INVESTING & WEALTH
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COMPANIES
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619 2016-12-03 16 Nisha Ramchandani - Overdue link will connect all of China’s stock markets and is expected to deliver total market cap of over US$5 trillion by Nisha Ramchandani nishar@sph.com.sg @Nisha_BT Singapore THE overdue Shenzhen-Hong Kong stock link will kick off next Monday and is already sparking619 words
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Article, Illustration569 2016-12-03 16 Claire Huang - by Claire Huang huangjy@sph.com.sg @ClaireHuangBT Singapore SPH Reit, a real estate investment trust sponsored by media group Singapore Press Holdings (SPH), is interested in adding The Seletar Mall to its portfolio, but time and price are two determining factors. ThePHOTO: CAROLINE CHIA / THE STRAITS TIMES - 569 words
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Article, Illustration556 2016-12-03 17 Soon Weilun - 14 companies, including Enviro-Hub Holdings, exit watchlist given new rule by Soon Weilun soonwl@sph.com.sg @SoonWeilunBT Singapore SINGAPORE’S bourse operator has added a new S$40 million market capitalisation requirement to its controversial minimum trading price (MTP) framework, andST FILE PHOTO - 556 words
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268 2016-12-03 17 Singapore AS part of succession plans, Yeo See Kiat will be retiring as chief executive and executive director of ARA Trust Management while Chan Kong Leong will take over both roles from Jan 1 next year. ARA268 words
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242 2016-12-03 17 REUTERS Bengaluru GOLD recovered from its lowest since early February on Friday as the US dollar drifted lower ahead of US jobs data, but the metal is still on track for a fourth consecutive weekly decline. Spot gold wasREUTERS - 242 words
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Article186 2016-12-03 17 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 9 4 3 0 1 0 9 5 3 Manufacturing 36 27 27 7 12 7 43 39 34 Commerce 16 16 10 2 5 5 18 21 15 Tpt/Stor/Comms 8 13 5186 words
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Article134 2016-12-03 17 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 28,672 142 28,814 112,637 24 112,661 Manufacturing 143,698 69,277 212,975 141,566 3,054 144,620 Commerce 175,872 17,903 193,775 86,262 296 86,558 Tpt/Stor/Comms 84,681 498 85,179 153,168 45 153,213 Finance 19,442 122 19,564 250,883 17 250,901 Construction134 words
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Article, Illustration627 2016-12-03 18 Melissa Tan - The Republic had second lowest branch density among 21 countries in 2015 by Melissa Tan melissat@sph.com.sg @MelissaTanBT Singapore SINGAPORE had the second lowest number of commercial bank branches per 100,000 adults among 21 countries last year, fewer than Malaysia’s and abovePHOTO: BLOOMBERG - 627 words
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307 2016-12-03 18 Lee Meixian - by Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore BELEAGUERED commodity trader Noble Group said late on Thursday that it had completed the disposal of Noble Americas Energy Solutions (NAES) to Calpine Energy Services Holdco II, following its announcement of the potential sale in October. At307 words
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CORPORATE DIGEST
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Article102 2016-12-03 18 ELECTRICAL, IT and furniture retailer Courts Asia announced on Friday that Tan Huat Ben will be appointed designate country chief executive officer for Singapore in January. He will then become become country CEO in April. Mr Tan was most recently CEO of Andios, a subsidiary of Challenger Technologies102 words
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Article91 2016-12-03 18 CATALIST-listed movie, TV and online content producer, mm2 Asia, has set up a new subsidiary called 2mm Pte Ltd. Some of its main activities include operating cafes, coffee houses and snack bars. It will also be involved in the dramatic arts, music and other arts activities, like stage,91 words
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Article46 2016-12-03 18 THE executive director and deputy chief executive officer of property developer OKH Global resigned on Friday to “pursue other personal interest”, said the property developer. No replacement was immediately announced. OKH’s share price was unchanged at 6.4 Singapore cents on Friday before market close.46 words
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Article, Illustration571 2016-12-03 19 Judith Tan - This is thanks to an MOU signed by IE Singapore, CapitaLand and UrWork by Judith Tan juditht@sph.com.sg @JudithTanBT Singapore SMALL and medium enterprises (SMEs) in Singapore will soon find it easier to break into China. International Enterprise Singapore (IE Singapore), CapitaLand and571 words
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296 2016-12-03 19 Soon Weilun - OFF SHORE MARINE SECTOR WOES by Soon Weilun soonwl@sph.com.sg @SoonWeilunBT Singapore THE interim judicial managers (IJMs) of beleaguered vessel operator Swissco Holdings and its subsidiary, Swissco Offshore (SOPL), have been authorised by the court to make payment of wages296 words
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225 2016-12-03 19 Soon Weilun - by Soon Weilun soonwl@sph.com.sg @SoonWeilunBT Singapore A CLIENT of vessel builder Nam Cheong has officially cancelled a contract to receive a vessel. While the mainboard-listed builder is considering legal recourse, it says the cancellation is expected to impact its earnings for this financial year, though225 words
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153 2016-12-03 19 Soon Weilun - by Soon Weilun soonwl@sph.com.sg @SoonWeilunBT Singapore CATALIST-listed offshore-support vessel provider Vallianz is facing two lawsuits, from India and Indonesia, in relation to distressed offshore and marine company Swiber Holdings that may involve more than S$10 million in total. Vallianz said on Friday153 words
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558 2016-12-03 20 R Sivanithy - STOCKS by R Sivanithy A REBOUND in oil prices thanks to a positive Opec meeting, end-of-month price fixing/ window-dressing/portfolio rebalancing on Wednesday, and the Dow Jones Industrial Average’s push to new highs were the main features of the week558 words
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Article781 2016-12-03 20 Substantial shareholder/director transactions For week beginning Nov 28 Substantial Buy No of Price ———SHAREHOLDING Trans Shareholder/ Sell Shares Per Before After Stock Date Director Conv '000 Shr ('000) ('000) First Reit 30-Nov-16 Tan Kay Poo *Buy 20 1.27 ***** 1.598 ***** 1.60 SHS Hldgs 30-Nov-16 Ng781 words
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BROKERS' TAKE
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Article158 2016-12-03 20 Global Logistic Properties > Buy OCBC Investment Research, Dec 2 Dec 2 close: S$2.16 Target price: S$2.37 GLP announced it is undertaking an independent strategic review of options to enhance shareholder value, after it has received a request from its largest shareholder, GIC Real Estate Private Ltd, which holds a158 words
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Article215 2016-12-03 20 Jamie Lee - Sembcorp Marine > Hold Compiled by Jamie Lee DBS Group Research, Dec 2 Dec 2 close: S$1.47 Target price: S$1.55 WE believe risk premium should be reduced with improving oil-and-gas outlook following Opec’s successful agreement to cut output. The sector recovery should “motivate” customers to take delivery of existing units215 words
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Article, Illustration1013 2016-12-03 21 DARYL GUPPY - Dollar index’s move above US$1.005 is an important breakout from 22 months of sideways trading. BY DARYL GUPPY BY DARYL G PPY US PRESIDENT-elect Donald Trump paints himself as an independent rogue throwing out the established political order. His policies hark back to Theodore Roosevelts’ New DealPHOTO: AFP; Source: Bloomberg; PHOTO: BLOOMBERG - 1,013 words
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Article, Illustration808 2016-12-03 22 Hedging contributes to this year’s gains, with business picking up steam following election of Trump as US president and rise in market volatility GOLDMAN Sachs Group Inc’s revenue from Latin America surged 50 per cent this year as the firm helped to structure onePHOTO: REUTERS - 808 words
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Article, Illustration933 2016-12-03 23 The cap on how much foreign currency individuals are allowed to change each year will be reset next month BLOOMBERG PEOPLE’S Bank of China (PBOC) governor Zhou Xiaochuan already has one policy headache with the currency falling to near an eight-year low.BLOOMBERG; PHOTO: BLOOMBERG - 933 words
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Indices
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Article143 2016-12-03 24 PRICE MARKET 5-DAY% Est P/E P/B YEAR-TO-DATE US S&P 500 2,191.08 -0.62 18.4 2.83 7.2 India NIFTY 8,093.00 -0.26 18.1 2.59 1.8 Philippines PCOMP 6,886.74 0.20 17 .6 2.24 -0.9 Indonesia JCI 5,245.96 2.42 17.3 2.37 14.2 Malaysia KLCI 1,628.96 0.10 16.4 1.66 -3.8 Australia S&P/ASX 200143 words
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Article, Illustration26 2016-12-03 24 NAME PRICE/UNIT 3-MONTH% Gold US$1,176.20/oz -10.3 Silver US$16.543/OZ -11.9 Copper US$5,791/MT 25.1 Soybeans US$1,029.8/bu 8.7 Palm Oil MYR3,074/MT 20.5 Coffee US$144.95/lb -6.2 Sugar US$19.29/lb -7.126 words
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Currencies
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Article95 2016-12-03 24 CURRENCY PRICE 5-DAY 5-DAY 1-MONTH 1-MONTH YEAR-TO-DATE Singapore dollar 1.4233 0.36 -2.59 -0.72 China RMB 6.8871 0.47 -1.81 -5.80 Offshore RMB 6.8747 1.08 -1.51 -4.43 Indian rupee 68.2395 0.36 -2.15 -3.05 Indonesian rupiah 13,555 -0.36 -3.71 2.18 Japanese yen 113.73 -0.88 -9.09 5.85 Korean won 1,172.2595 words
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Article, Illustration12 2016-12-03 24 Compiled from Bloomberg at 5.30pm on Dec 2Compiled from Bloomberg at 5.30pm on Dec 2 - 12 words
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STI
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403 2016-12-03 25 NAME PRICE WEEKLY PRICE CHANGE PRICE WEEKLY PRICE CHANGE LOW 52 WEEK HIGH LOW HIGH YTD TOTAL RETURNS P/E P/B DIVIDEND 12-MONTH YIELD MARKET CAP ($M) 52 WEEK PRICE RANGE Keppel Corp Ltd 5.93 4.71 6.57 -4.0 10.3 0.97 5.1 10,764.3 Sembcorp Industries Ltd 2.95403 words
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Reits and rates
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182 2016-12-03 25 NAME LAST PRICE (S$) P/B DIVIDEND 12-MONTH YIELD Viva Industrial Trust 0.75 9.8 0.93 Frasers Hospitality Trust 0.65 9.5 0.78 Sabana Shari'ah Compliant Indu 0.52 9.3 0.64 Lippo Malls Indonesia Retail T 0.37 9.3 0.94 Cache Logistics Trust 0.82 9.1 0.98 IREIT Global 0.72182 words
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53 2016-12-03 25 MARKET 3-MONTH CHANGE POINTS) MARKET 3-MONTH CHANGE POINTS) Malaysia 4.291 0.773 New Zealand 3.26 1.005 Philippines 4.559 1.142 South Korea 2.259 0.737 Taiwan 1.17 NA Thailand 2.713 0.457 Singapore 2.440 0.696 Australia 2.862 1.010 Hong Kong 1.445 0.513 Indonesia 8.015 1.088 India 6.236 -0.88353 words
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Article, Illustration12 2016-12-03 25 Compiled from Bloomberg at 5.30pm on Dec 2Compiled from Bloomberg at 5.30pm on Dec 2 - 12 words
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REAL ESTATE
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Article, Illustration572 2016-12-03 26 Separately, an option to buy an Ewart Park GCB for S$19.35m is granted Singapore TWO freehold Good Class Bungalow (GCB) transactions in District 10 are in motion one on White House Park near572 words
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381 2016-12-03 26 BLOOMBERG Canberra JUST how much foreign money is contributing to rising property prices is a staple of dinner-party conversations around the globe. Australians now have a near-official answer, and it’s less than most would think. The Australian Treasury estimates that foreignBLOOMBERG - 381 words
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Article, Illustration881 2016-12-03 27 Icelandair promotions, Game of Thrones, and a volcanic eruption help put the country on the map NYTIMES Reykjavik, Iceland SET against a vista of sea and mountains, the city’s modern concert hall and convention centre, with its kaleidoscopic facade of multi-coloured glass, averages moreNYTIMES - 881 words
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333 2016-12-03 27 BLOOMBERG New York THERE’LL be no holiday cheer for commercial property developers after S&P Global Ratings said about US$12 billion of loans were headed for default in 2017. That’s because many of the US$92 billion of loans that S&P says are slatedBLOOMBERG - 333 words
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Article1509 2016-12-03 28 Property transactions for selected districts with contract dates between Nov 17 and Nov 22, 2016 PROJECT NAME/ PROP CONTRACT TENURE BUILT-IN TRANSACTED PSF TOX* RENTAL STREET NAME TYPE DATE /LAND PRICE (S$) YIELD** AREA (S$,000) (SQF) District 3 HIGHLINE RESIDENCES Condo 18/11/2016 99 1,109 1,902 1,716 1.19 3.441,509 words
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261 2016-12-03 29 PROJECT NAME/ PROPERTY LOWEST MEDIAN HIGHEST NO. OF STREET NAME TYPE PRICE (S$) PRICE (S$) PRICE (S$) TRANSACTIONS District 1 THE SAIL MARINA BAY Apt 2,800 4,700 7,880 18 ROBINSON SUITES Apt 2,800 3,200 3,300 13 District 2 ICON261 words
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Article93 2016-12-03 29 RANKING NAME TOTAL SEARCHES IN PAST MEDIAN PRICE PSF TWO WEEKS (S$) 1 CARIBBEAN AT KEPPEL BAY 436 1,421 2 BAYSHORE PARK 379 833 3 PEBBLE BAY 347 1,152 4 THE LAKESHORE 292 1,037 5 SENNETT RESIDENCE 218 1,195 6 TRESALVEO 212 1,312 7 OUE TWIN93 words
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Article161 2016-12-03 29 from what you see when you visit a financial institution, service provider or specific product’s site. All financial products, shopping products and services are presented without warranty. DATE FLOATING RATES, PEGGED TO: FIXED RATES WEEK OF NOV 28 SIBOR SOR COMBO BANK’S BOARD RATE Lowest161 words
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674 2016-12-03 29 New ephemeral bespoke vacation service Blink even lets guests customise the customisation process BLOOMBERG New York FOR your next vacation, forget about taking inspiration from Instagram. You’re going to go where nobody has been before, on a trip that nobody has everBLOOMBERG - 674 words
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Page 27 Advertisements
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Advertisement48 2016-12-03 27 HOT PROPERTY 282 ONAN BRAND new 3.5 sty FH detached. 3780/ 6000 sf, 7+1. Pool/lift. $5.XM. Sat/Sun 1-3pm REDUCED PRICE! AIDA Street 2.5-sty Semi-D 2784/2800sf 6 rms ensuite. FH. NE facing. $3.8M. LANDED PROPERTIES FOR SALE Check out these properties and more in The Straits Times Classified now!48 words
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THE BROAD VIEW
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Article, Illustration862 2016-12-03 30 Barry Ritholtz - Good information is accurate, actionable, and forms a basis for an investment decision. By Barry Ritholtz By Barry Ritholtz LOOMBERG ON Monday, I cast doubt on the many stories about how Black Friday retail sales were off toLOOMBERG; PHOTO: REUTERS - 862 words
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Article, Illustration1051 2016-12-03 31 Ruth Whippman - Instead of struggling to ‘live in the present’, maybe we should just be grateful that our brains allow us to be elsewhere. By Ruth Whippman by Ruth Whippman NYTIMES I’M at the kitchen sink, after a long day of work and kids andNYTIMES; PHOTO: FILE - 1,051 words
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Article, Illustration746 2016-12-03 32 Justin Wolfers - The economy is not a fixed set of jobs getting shifted around a global chess board it is in a state of constant churn. By Justin Wolfers by Justin Wolfers NYTIMES IN the two hours that President-elect DonaldNYTIMES; PHOTO: AFP - 746 words
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Page 31 Miscellaneous
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Miscellaneous29 2016-12-03 31 THE BUSINESS TIMES News Centre, 1000 Toa Payoh North Podium Level 3, Singapore *****4 SPH: 6319-6319 BT: 6319-5360 FAX: 6319-8278 Customer service: 6388-3838 www.businesstimes.com.sg Press releases: btnews@sph.com.sg Letters: btletter@sph.com.sg29 words
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Miscellaneous30 2016-12-03 31 CHIEF EXECUTIVE OFFICER SPH ALAN CHAN DEPUTY CHIEF EXECUTIVE OFFICERSPH PATRICK DANIEL editor-in-chief(english/malay/tamil media group) WA RREN FERN A NDE Z managing editor (english/malay/tamil media group) A LV IN TAY30 words
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Miscellaneous13 2016-12-03 31 DEPUTY CHIEF EXECUTIVE OFFICER SPH ANTHONY TAN GROUP CHIEF MARKETING OFFICER ELSIE CHUA13 words
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Miscellaneous12 2016-12-03 31 EDITOR WONG WEI KONG ASSOCIATE EDITOR VIKRAM KHANNA NIGHT EDITOR EDMUND LOH12 words
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Miscellaneous29 2016-12-03 31 BT INC EDITOR LILIAN ANG CHIEF SUB-EDITOR DEXTER LEE FOREIGN CONTENT EDITOR QUAH CHOON POH DIGITAL EDITOR CHRISTOPHER LIM DEPUTY DIGITAL EDITOR LEE KIM SIANG GRAPHICS EDITOR SIMON ANG29 words
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Miscellaneous27 2016-12-03 31 NEWS EDITOR VEN SREENIVASAN DEPUTY NEWS EDITOR CHEN HUIFEN ASSOCIATE NEWS EDITOR ANGELA TAN ASSISTANT NEWS EDITOR JOYCE HOOI LIFESTYLE EDITOR JAIME EE VIDEO EDITOR JONATHAN NG27 words
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HEALTH
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Article, Illustration1478 2016-12-03 33 Well-differentiated thyroid cancers usually have very good outcomes when detected early and patients can be cured THE thyroid gland is a butterfly shaped gland in front of the neck. It produces a thyroid hormone that helps the body use energy, stay warm andPHOTO: SINGAPORE MEDICAL SPECIALISTS CENTRE - 1,478 words
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LIFE & CULTURE
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Article, Illustration1154 2016-12-03 34 Quentin Hardy - The agile and non-stop workplace: Can you keep up? Small teams doing a bit at a time, all the time, seems to be the new organisational pattern. CUBICLE FILES By Quentin Hardy NYTIMES WHETHER you like it or not, your boss may want you to start acting more like aNYTIMES; PHOTO: NYTIMES - 1,154 words
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Article, Illustration771 2016-12-03 35 Kelly Tay - OFF BEAT by Kelly Tay kellytay@sph.com.sg @KellyTayBT MY parents were sitting at the back of the school hall when they saw me burst into tears. “What happened?!,” they asked with horror, after weaving through what felt like a never-end-ing scrum of jubilant pupils and parents. ThisILLUSTRATION: YU KEXIN - 771 words
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Page 35 Miscellaneous
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Miscellaneous344 2016-12-03 35 CRYPTIC CROSSWORD 26 Work that may be behind a counter (4) 27 Extra lad, an idiot to be licked into shape (10) 28 Money quietly given to party (4) 29 Past rowers coming out in their kit? (10) Across 1 Herb as son, little chap with endless merit (10) 6344 words
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SPORTS
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Article, Illustration1053 2016-12-03 36 Lee U-Wen - THE FINISH LINE Manchester City vs Chelsea, Barcelona vs Real Madrid are the top picks of this weekend’s fixtures by Lee U-Wen THE weekend has barely started but I know exactly where I’ll be on Saturday night after dinner: at home on the living roomPHOTO: REUTERS - 1,053 words
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