The Business Times, 9 December 2016

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Total Pages: 30
1 30 The Business Times
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  • Title Section
    Lock icon Masthead
    23 1 THE BUSINESS TIMES fb.com/thebusinesstimes @BusinessTimes S$1.20 A SINGAPORE PRESS HOLDINGS PUBLICATION businesstimes.com.sg CO REGN NO *****2868E MCI (P) 037/12/2016 GFriday, December 9, 2016
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  • Article
    Lock icon DAILY DIGEST
    187 1 PWC Building at 8 Cross Street could be in the early stages of a potential sale. BT understands that insurer Manulife has been chosen to do exclusive due diligence for the purchase of the 28-storey building. TOP STORIES/ 2 China’s trade picks up on stronger domestic and external
    187 words
  • Article
    Lock icon Recovery in private home sales seen spilling over to new year
    902 1  -  But uptick expected to come amid falling rents and rising vacancies, leaving property consultants projecting anything from a 3% dip to a 2% rise in prices OUTLOOK 2017 By Lynette Khoo lynkhoo@sph.com.sg @LynetteKhooBT Singapore A MILD recovery in private
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  • Article
    Lock icon Iata sees record-high 2016 profits for global aviation
    979 1  -  By Soon Weilun soonwl@sph.com.sg @SoonWeilunBT Geneva GLOBAL economic woes will barely make a dent on the global airline industry’s profitability in 2016 as it looks towards chalking up record profits of US$35.6 billion for the year on gains from restructuring. But though
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  • Article
    Lock icon MARKETS
    27 1 Thursday Change STI 2,958.86 -0.98 KL COMP 1,643.75 +11.28 NIKKEI 225 18,765.47 +268.78 HANG SENG 22,861.84 +60.92 SHENZHEN B 1,165.00 +0.60 DOW (9:30am EST) 19,534.33 -15.29
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      Lock icon Page 1 Advertisements Column 1
      80 1 EmpText IN AID OF RAINBOW CENTRE Ho Ching puts finishing touches to painted chairs TOP STORIES 4 THE BUSINESS TIMES CENTRAL BANK ACTS Malaysian ringgit claws back up TOP STORIES 2 DINING OUT New Imperial Treasure serves up crowdpleasers bt lifestyle 27 DRAWING FROM HISTORY Artists reinterpret archival material fora
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      10 1 Local developers still keen to replenish land bank, Page 18
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  • TOP STORIES
    • Article
      Lock icon Lessons from history on low-rate environments
      971 2  -  Schroders study compares effect of low interest rates on equities markets in US, UK and Japan in the last century By Michelle Quah michquah@sph.com.sg @MichelleQuahBT Singapore THE current prolonged low-interest-rate environment has been cause for concern for equity investors. But, according to Schroder Investment
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    • Article, Illustration
      Lock icon Manulife said to be doing due diligence on PWC Building
      818 2  -  By Kalpana Rashiwala kalpana@sph.com.sg @KalpanaBT Singapore PWC Building at 8 Cross Street could be in the early stages of a potential sale. BT understands that insurer Manulife has been selected to do exclusive due diligence for the purchase of the
      PHOTO: CALVIN WONG  -  818 words
    • Article, Illustration
      Lock icon Malaysian ringgit rout eases up
      731 2  -  But slow rebound signals it won’t recoup losses by the end of the year By Anita Gabriel anitag@sph.com.sg @AnitaGabrielBT Singapore THE beaten-down Malaysian ringgit may well have been on its way to cap this year just exactly as it did 2015 with the undesirable stamp
      Source: Bloomberg  -  731 words
    • Article, Illustration
      Lock icon Time runs out for smartwatch pioneer Pebble
      383 2 AFP San Francisco SMARTWATCH pioneer Pebble says it is shutting down, with tech wearables giant Fitbit acquiring some of its assets including key personnel. Pebble founder Eric Migicovsky said in a statement on Wednesday: “Due to various factors, Pebble is no longer able
      AFP; FILE PHOTO  -  383 words
    • Article, Illustration
      Lock icon China trade strong in November as global demand picks up
      677 4  -  improvement is seen to be broad-based, with Chinese exports to the US, EU and EMs all increasing By Virginie Mangin btworld@sph.com.sg Beijing CHINA trade picked up last month on stronger domestic and external demand but analysts warn the outlook remains
      PHOTO: AFP  -  677 words
    • Article
      Lock icon Risk of capital outflows expected to pressure Malaysian reserves in coming months
      556 4  -  Analysts cite US dollar strength, high foreign ownership of government securities, 1MDB scandal By Pauline Ng btworld@sph.com.sg Kuala Lumpur EVEN though Bank Negara Malaysia’s (BNM) international reserves fell less than expected in November despite the central bank shoring
      556 words
    • Article
      Lock icon SembMarine denies that its PPL yards are up for sale
      441 4  -  By Tan Hwee Hwee hweetan@sph.com.sg @HweetanBT Singapore MAINBOARD-listed yard group Sembcorp Marine said neither its rig-build-ing subsidiary PPL Shipyard nor any of the yards from which PPL is operating are up for sale. SembMarine is understood to have sought valuation
      441 words
    • Article, Illustration
      Lock icon Artful touches raise funds through ‘chairity’ auction
      337 4  -  By Chai Hung Yin chaihyn@sph.com.sg @ChaiHungYinBT Singapore WITH deft strokes, Ho Ching put on the finishing touches to two chairs painted by Rainbow Centre students, Noah Tan and Muhd Danial Isaac Abdullah. The executive director and chief executive officer of Temasek Holdings then
      finishing touches to his chair called “Heart of Freedom”. PHOTO: RAINBOW CENTRE ,SINGAPORE  -  337 words
    • Article, Illustration
      Lock icon S’pore economy could expand 2.3% in 2017: Deutsche Bank
      467 4  -  By Kelly Tay kellytay@sph.com.sg @KellyTayBT Singapore THE Singapore economy could expand 2.3 per cent year on year in 2017, with a further rise to 3 per cent in 2018, said Deutsche Bank in a report this week. Still, it cautioned that
      OECD-TiVA Database and Deutsche Bank  -  467 words
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      127 5 transfer fee to 9 countries and free flights to be won with DBS Remit -> United States United Kingdom y s s f /X'%' ~A- Indonesia ->- v Singapore India Malaysia" Philippines Hong Kong China Australia iw This festive season, simply transfer a minimum of S$3,000 and apply promo code
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      580 7 The Entrepreneur of the year ENTERPRISE A ROTARY SINGAPORE-ASME AWARD EYA-Established Entrepreneur Overall Winner 2016 Celebrating Singapore's Enterprising Spirit 2016 Our 7~Lear6iesi a 'ntiuutit ions ith Mr Von Lee Yong Miang Executive Chairman of Expand Group of Companies on being honoured with Overall Winner 2016 EYA Established Entrepreneur The Entrepreneur
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  • COMPANIES & MARKETS
    • Article
      Lock icon O&M lessons for investors in high-yield perpetuals
      821 8  -  Important to understand and be comfortable with the numbers before taking the plunge HOCK LOCK SIEW BY MELISSA TAN melissat@sph.com.sg @MelissaTanBT DEBT-laden offshore and marine (O&M) companies that issued high-yield bonds have recently garnered unwanted attention. Less than half a year after offshore
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    • Article, Illustration
      Lock icon Banyan Tree strikes strategic partnership with AccorHotels
      534 8  -  By Jamie Lee leejamie@sph.com.sg @JamieLeeBT Singapore RESORT operator Banyan Tree Holdings has inked a strategic partnership with hotel group AccorHotels that comes at a time of consolidation within the industry. Banyan Tree said on Thursday that both parties have entered into a heads
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    • Article
      Lock icon Singapore-Hong Kong rivalry gets a new twist with fintech
      1073 8 BLOOMBERG Singapore TAX benefits, government help and easy access to regional markets led Joe Seunghyun Cho to choose Singapore as the headquarters for his six financial technology (fintech) companies, rather than base them in the rival hub of Hong Kong or
      BLOOMBERG  -  1,073 words
    • Article
      Lock icon SGX trading for some derivative products hit by disruption
      449 8 REUTERS Singapore THE Singapore Exchange (SGX) on Thursday suffered its second trading disruption in five months, with the frequency of the stoppages frustrating investors even as the authorities try to revitalise the bourse in one of Asia’s major financial hubs. SGX
      REUTERS  -  449 words
    • Article
      Lock icon Standard Chartered sanctions probe said to be in final stage
      514 9 BLOOMBERG New York THE long-running US investigation into Standard Chartered Plc’s violations of sanctions laws which appeared settled in 2012 only to be reopened two years later is inching towards the finish line. Investigators from the US have been interviewing
      BLOOMBERG  -  514 words
    • Article, Illustration
      Lock icon China’s top court rules in Michael Jordan’s favour in trademark case
      399 9 REUTERS Shanghai CHINA’S highest court has ruled in favour of former basketball star Michael Jordan in a long-running trademark case relating to a local sportswear firm using the Chinese version of his name, overturning earlier rulings against the athlete.
      REUTERS; PHOTO: AFP  -  399 words
    • CORPORATE DIGEST
      • Article
        Lock icon Sabana Reit
        69 9 SABANA Shari’ah Compliant Industrial Reit is acquiring a six-storey single-user light industry property at 72 Eunos Avenue 7 for S$20 million from Singapore Handicrafts Pte Ltd under a conditional put and call option agreement. On completion of the acquisition, Singapore Handicrafts will lease back 71 per cent of
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      • Article
        Lock icon Hotel Properties
        47 9 Hotel Properties Limited has acquired Thailand-based Boathouse Kata Co for 60.25 million baht (S$2.41 million) via two separate newly incorporated subsidiaries. Following the acquisitions, the group’s effective shareholding in Boathouse Kata is about 74 per cent, thereby making Boathouse Kata a subsidiary of the group.
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      • Article
        Lock icon Jason Holdings
        35 9 FLOORING firm Jason Holdings said its application for a scheme of arrangement has been granted by the High Court. The terms include the firm calling a meeting of creditors by Feb 1, 2017.
        35 words
    • Article
      Lock icon Asia likely to see growth at 5.5% next year: BAML
      430 9  -  By Chai Hung Yin chaihyn@sph.com.sg @ChaiHungYinBT Singapore ASIA is expected to grow at 5.5 per cent next year, up from the expected 5.3 per cent this year, said Bank of America Merrill Lynch (BAML). But Singapore’s growth is forecast to
      430 words
    • Article
      Lock icon Deutsche Bank price ploy to test users of junk-bond ETFs: Gadfly
      589 9  -  By Lisa Abramowicz T This column does not necessarily reflect the opinion of Bloomberg LP and its owners. T The writer is a Bloomberg Gadfly columnist covering the debt markets. She has written about debt markets for Bloomberg News
      BLOOMBERG  -  589 words
    • Article, Illustration
      Lock icon STI / Catalist
      63 10 STI Catalist Straits Times Index Dec 8,2016 2,958.86 -0.98 (-0.03%) Current streak 1 day Day high 2,980.77 Day low 2,956.03 52-week high 2,960.78 (Apr 21, 2016) 52-week low 2,532.70 (Jan 21, 2016) FTSE ST Catalist Index Dec 8,2016 442.10 -0.78 (-0.18%) Current streak 1 day Day high 447.12 Day low
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    • Article, Illustration
      Lock icon STI ends flat after hitting 2016 high
      632 10  -  Index fails to sustain early push from yet another Wall Street all-time high; broad market mixed with 240 rises and 216 falls STOCKS By R Sivanithy sivan@sph.com.sg @RSivanithyBT THE Straits Times Index on Thursday first powered up to an intraday and 2016 high
      Source: Bloomberg  -  632 words
    • Article
      Lock icon STI STOCKS
      305 10 Stock name Close Change Day high/low 52w high 52w low PE Div yield Mcap Ascendas Reit 239 +1 242/237 257 209 6.4 6700.1 CapitaCom Trust 155 +1 156.5/153.5 164 127 5.6 4593.4 CapitaLand 310 unch 314/309 340 280 12.4 2.9 *****.2 CapitaMall Trust 196 +1 197.5/193 225 185
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    • Article, Illustration
      Lock icon STI / FTSE ST All-Share
      35 10 STI FTSE ST All-Share FTSE ST All-Share index Dec 8,2016 721.74 +0.21 (+0.03%) Current streak 4 days Day high 725.74 Day low 721.53 52-week high 722.88 (Apr 21, 2016) 52-week low 625.37 (Jan 21, 2016)
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      Lock icon STI / MSCI EAFE
      33 10 STI MSCI EAFE MSCI EAFE Index Dec 7,2016 1,672.71 +19.65 (+1.19%) Current streak 3 days Day high 1,672.71 Day low 1,651.29 52-week high 1,734.72 (Sept 7, 2016) 52-week low 1,492.43 (Feb 12, 2016)
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    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 10 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 8 4 4 0 1 0 8 5 4 Manufacturing 39 39 31 7 11 9 46 50 40 Commerce 19 15 12 2 4 3 21 19 15 Tpt/Stor/Comms 10 12 8
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    • Article
      Lock icon GAINERS
      78 10 BY CENTS CLOSE UP 52w high/low DBXT Nifty US$ ***** 289.3 1.7 *****/***** DBXT MSKorea US$ 5714 211.3 2.7 6041/4629 DBXT ASX200 US$ 3603 141.8 2.9 3621/2900 DBXT MSJAP US$ 5115 126.2 1.8 5115/4031 Prudential USD 2077 107.8 3.8 2191/1600 BY PERCENTAGE CLOSE UP 52w high/low Tritech Group W*****
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    • Article
      Lock icon LOSERS
      74 10 BY CENTS CLOSE DOWN 52w high/low DBXT S&PShort US$ 1872 -21.3 -0.8 2362/1845 DBS Bk 4.7% NCPS ***** -20.0 -0.2 *****/***** DBS Grp 1814 -18.0 -1.0 1840/1301 JMH USD 5351 -12.8 -0.2 6371/4500 China Yuanbang 26.5 -9.5 -26.4 55/21.5 BY PERCENTAGE CLOSE DOWN 52w high/low China Haida 1.7 -60.5
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    • Article
      Lock icon UNUSUAL ACTIVITY
      81 10 VOL CLOSE($) CHANGE China Haida 280.9 0.017 -0.026 -60.47 China Intl 823.5 0.380 +0.095 +33.33 Abundance Intl 200.0 0.050 +0.008 +19.05 Nico Steel 76,299.0 0.021 +0.005 +31.25 Infinio 15,000.0 0.001 -0.001 -50.00 Seroja Inv 150.0 0.049 +0.009 +22.50 Versalink 44.4 0.160 +0.020 +14.29 Axcelasia 60.0 0.100 -0.022 -18.03
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    • BROKERS’ TAKE
      • Article
        Lock icon Haw Par Corp | Buy
        250 10 Haw Par Corp Buy Target price: S$11.40 Dec 8 close: S$9.14 RHB, Dec 8 Once overshadowed by the size of its investment portfolio, Haw Par’s healthcare business has grown rapidly in recent years to become a force to be reckoned with. The group’s healthcare products are primarily manufactured under the
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      • Article
        Lock icon Hutchison Port Holdings Trust | Buy
        154 10 Hutchison Port Holdings Trust Buy Target price: US$0.48 Dec 8 close: US$0.42 DBS Group Research, Dec 8 Hutchison Port Holdings Trust (HPHT) offers investors an attractive 8.3 per cent prospective yield even after our DPU forecast cut, and looks oversold at the current price level. Further upside could come from
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      • Article
        Lock icon Singapore healthcare | Neutral
        175 10  - Singapore healthcare Neutral Compiled by Melissa Tan OCBC Investment Research, Dec 8 As governments in the region improve healthcare infrastructure and efficiency, competition could remain strong between private and public sector. Medical tourism growth may also slow down amid heightened macro uncertainties for the region. We are keeping our neutral
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    • Article
      Lock icon MOST ACTIVE
      36 10 VOLUME Noble 123,565,300 Nico Steel 76,299,000 Spackman 62,487,400 Alliance Mineral 46,015,700 Genting Sing 45,746,800 Market volume 1,843,054,000 VALUE DBS Grp 240,693,187 Singtel 142,051,390 OCBC Bank 75,486,509 UOB 75,158,099 Genting Sing 46,249,752 Market value 1,379,188,000
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    • Article
      Lock icon SGX ETFs
      112 10 Most Active Fund Last sale +/-(‘000) Day high/low 52w high/low Buy/Sell Mcap STI ETF 300 -1 576 303/300 303/254 300/301 IS MS INDIA US$ US685 +15 207 685/670 772/441 682/685 85.6 DBXT MSPHILS US$ US181.2 +6.2 83 181.2/174 222.5/158.5 180.5/181.2 14.5 DBXT MSINDO US$ US1353 +21 75 1356/1341
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    • Article
      Lock icon OTHER SINGAPORE INDICES
      77 10 Dec 8 VALUE CLOSE BT OB/OS 11.00 +42.00 BT CADI -*****.00 +12.00 BT 10-day MA -*****.00 +1.00 FTSE ST Mid Cap 692.80 +2.89 FTSE ST Small Cap 386.73 +1.23 FTSE ST All Share 721.74 +0.21 FTSE ST China Top 163.10 +0.25 FTSE ST China 206.09 -0.27 FTSE
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      123 10 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 15,279 731 16,010 60,313 120 60,433 Manufacturing 91,891 70,094 161,985 105,845 2,611 108,456 Commerce 283,526 8,876 292,402 89,963 193 90,155 Tpt/Stor/Comms 90,419 180 90,599 214,357 16 214,374 Finance 30,413 210 30,623 419,361 31 419,392 Construction
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    • Article
      Lock icon NZ$ rises on rates comments by central bank governor
      407 11 CURRENCIES REUTERS London NEW Zealand dollar was the biggest gainer among major currencies on Thursday, rising 0.7 per cent after a speech by Reserve Bank governor Graeme Wheeler added to speculation that the bank would raise interest rates next year. With
      REUTERS  -  407 words
    • FOREX RATES
      • Article, Illustration
        Lock icon HANG SENG
        2 11
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      • Article
        Lock icon INTERBANK CROSS RATES
        471 11 Dec 8 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.990 5.153 0.696 5.809 50.492 99.508 0.851 8.688 3.316 1.039 78.469 37.218 1.062 10.122 0.754 23.737 26.679 0.592 0.749 Canada 1.010 5.203
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        Lock icon SHANGHAI COMPOSITE
        2 11
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      • Article, Illustration
        Lock icon DOW JONES
        2 11
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      • Article
        Lock icon INTERBANK CURRENCY RATES
        155 11 Dec 8 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.0619 1.0623 0.7489 0.7491 Canadian dollar 1.0721 1.0726 0.7564 0.7561 Euro 1.5259 1.5270 1.0762 1.0768 NZ dollar 1.0220 1.0229 0.7208 0.7213 Sterling pound 1.7928 1.7936 1.2644 1.2648
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      • Article
        Lock icon US$/S$ FORWARD RATES
        22 11 Dec 8 S$ Bid Offer 1-month 1.4177 1.4180 2-months 1.4176 1.4179 3-months 1.4175 1.4180 6-months 1.4172 1.4179 Source: OCBC
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        Lock icon NIKKEI
        1 11
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    • EQUITY BONDS WARRANTS FUTURES
      • Article
        Lock icon BONDS, WARRANTS, PREFERENCE SHARES
        207 11 Most active Dec 8 Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Equation Summit LimitedW*****2 0.5 unch ***** 1 1 36 2.20 8 Charisma EnergyServicesW*****8 0.3 unch ***** 1 0 -40 1.67 59 OCBC BK MB ECW*****6 9.2 -0.2
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      • Article
        Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
        377 11 In local curr In S$ In US$ dy yr dy yr dy yr Dec 7 Index Change Change Change Change Change Change World Preliminary 1342.8 0.5 5.1 0.5 4.5 0.5 4.5 EAFE Preliminary 1009.2 1.1 -0.4 1.2 -2.6 1.2 -2.5 Europe Preliminary 1417.0 1.2 0.3
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      • Article
        Lock icon SGX DERIVATIVES TRADING
        377 11 Dec 8 OPEN HIGH LOW SETT VOL OP/INT FTSE CHINA A50 INDEX FUTURES Dec16 *****.00 *****.00 *****.00 *****.50 *****5 *****0 Jan17 *****.50 *****.50 *****.00 *****.00 1316 7992 NIKKEI 225 INDEX FUTURES Dec16 *****.00 *****.00 *****.00 *****.00 ***** *****4 Mar17 *****.00 *****.00 *****.00 *****.00 ***** *****1 MSCI TAIWAN
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    • BANK RATES
      • Article
        Lock icon INTERBANK RATES
        154 11 Dec 8 $S Offer Bid 0vernight 0.05 0.01 1-month 0.75 0.625 2-months 0.875 0.75 3-months 1.0 0.875 Overnight mode: 0.15 US$ Offer Bid 7 days 0.70 0.60 1 month 0.80 0.70 2 months 0.95 0.75 3 months 1.10 0.90 6 months 1.40 1.20 9 months 1.55 1.35 12
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      • Article
        Lock icon GOVERNMENT SECURITIES
        63 11 Dec 8 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year NY*****A 4.000 01-Sep-18 104.84 5-Year N*****0Z 1.250 01-Oct-21 97.67 97.75 97.74 10-Year NX*****F 2.125 01-Jun-26 98.28 98.45 98.45 15-Year NZ*****F 2.875 01-Sep-30 102.45 20-Year NZ*****X 2.250 01-Aug-36 92.96 93.40 93.25 30-Year NA*****H
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    • AGRI METALS ENERGY
      • Article
        Lock icon COMMODITY FUTURES
        247 11 Dec-7 Price Net change change Last Trade Agricultural Dec-7 CBOT Soybeans (US cents/bu) 1049.00 1.25 0.12% 13/01/2017 CBOT Soybean Oil (US cents/lb) 37.72 0.10 0.27% 14/12/2016 CBOT Wheat (US cents/bu) 386.25 -3.25 -0.83% 14/12/2016 Dec-7 LIFFE Cocoa (£/tonne) 1808.00 -22.00 -1.20% 13/12/2016 LIFFE Coffee (US$/tonne) 2030.00 -9.00 -0.44%
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    • Article
      Lock icon SGX MAINBOARD
      1852 12 52-Wk Last Vol Day Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/Ep $mil Company Last Sale Vol ('000) High Day Low 149 124.5 AIMSAMP Cap Reit 133.5 +1 198 133.5 132.5 0.9 8.5 850.8 C'vr 172.5 101 ARA Asset Mgmt 170 +0.5 510
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    • Article
      Lock icon SGX CATALIST
      232 12 52-Wk Last Vol Day Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/E Company Last Sale vol ('000) High Day Low Div C'vr 46.5 29.5 t Advancer Global 37 unch 20 37 37 14.7 64.1 Net P/E 19.9 8.3 t Anchor Resources 9.4 +0.3
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    • Article
      Lock icon SGX ETF
      140 12 52-Wk Last Vol Day Div GrYld Net MCap High Low Counter Sale +/-(’000) High Low C’vr P/E Counter Last Sale vol 3268 2355 DBXT China50 US$ US3137 +19 17 3158 3128 8.6 116.2 97.5 DBXT MS SING US$ US114.9 +3.1 50 115.5 114.9 5.7 422 190 DBXT MSBrazil
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      21 9 Select furniture for your home or showcase your merchandise in CLASS 114 To advertise, call the Print Classified Hotline: 1800-289 9988
      21 words
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      31 9 SJL'l Print Centre n X m INDUSTRIAL/WAREHOUSE SPACE FOR RENT 2 Jurong Port Road, SPH Print Centre Area from 2325 1 1,775 sq ft Interested, please call Shawn at 9694 5349
      31 words
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      Lock icon Page 9 Advertisements Column 3
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      83 words
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      101 12 SGX== SGX Academy Launches Certified Securities Professionals Programme Ideal for individuals seeking a career in the securities industry. The robust 10-modular curriculum equips you with industry knowledge, investment analytics and client engagement skills through case studies and role plays. Find out more at bit.ly/SGX-CSP Singapore Exchange This advertisement has been
      101 words
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      5326 13 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
      5,326 words
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  • BANKING & FINANCE
    • Article, Illustration
      Lock icon Trump bull market bounty tops US$1t as bears go quiet
      768 14 Dow, S&P 500 jump to fresh records, joined by transportation companies and small caps; banks trade at 8-year highs BLOOMBERG New York DONALD Trump is doing to US equity bears what seven years of economic stimulus rarely could: shut them
      BLOOMBERG; PHOTO: REUTERS  -  768 words
    • Article
      Lock icon US bank lobby presses for consumer watchdog changes
      495 14 REUTERS Washington BANK lobbying groups are pressing the US Senate to once again work on reforming the country’s consumer financial watchdog agency but this time around they may see those changes become reality. In a letter to Senate leaders released on Wednesday,
      REUTERS  -  495 words
    • Article
      Lock icon Swiss private bank Edmond de Rothschild closing in HK: sources
      533 14 REUTERS Hong Kong SWISS private bank Edmond de Rothschild is closing its Hong Kong operations, according to three people familiar with the matter, more than two decades after it opened shop in the former British territory and as costs in
      REUTERS  -  533 words
    • Article, Illustration
      Lock icon Deutsche Bank records show silver-price rigging, say complainants
      419 14 BLOOMBERG New York EIGHT months after Deutsche Bank AG settled a lawsuit claiming it manipulated gold and silver prices, documents it disclosed as part of the accord provide “smoking gun” proof that UBS Group, HSBC Holdings, Bank of Nova Scotia and other
      BLOOMBERG; PHOTO: REUTERS  -  419 words
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      38 14 NEW TAKE ON WASTE Growing band of Indian artistenvironmentalists turn waste into works of art and usable products LOCAL START-UP PUTS SINGAPORE ON THE WORLD MAP GET YOUR COPY TODAY TO ADVERTISE: CALL KALWANT (*****327) OR NISHAL (*****438)
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      430 14 NOTICES IN THE MATTER OF THE COMPANIES ACT (CAP. 50) AND IN THE MATTER OF COMMODITY AND FREIGHT SERVICES PTE. LTD. (In Members' Voluntary Liquidation) (Co. Reg. No. *****2648Z) NOTICE OF RESOLUTION MEMBER'S RESOLUTIONS IN WRITING PURSUANT TO ARTICLE 79 OF THE ARTICLES OF ASSOCIATION OF COMMODITY AND FREIGHT SERVICES
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      373 14 IN THE MATTER OF THE COMPANIES ACT (CAP. 50) AND IN THE MATTER OF BSI BANK LIMITED (In Members'Voluntary Liquidation) (Co.Reg. No.*****0983Z) NOTICE OF RESOLUTION MEMBER'S RESOLUTIONS IN WRITING PURSUANT TO ARTICLE 62 OF THE ARTICLES OF ASSOCIATION OF BSI BANK LIMITED IT WAS RESOLVED AS SPECIAL RESOLUTIONS (a) That
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  • TECHNOLOGY
    • Article
      Lock icon Microsoft unveils Windows 10 for Qualcomm chips
      699 15 Move could erode Intel’s dominance in PCs, help software maker gain a bigger foothold in mobile computing BLOOMBERG Seattle MICROSOFT Corp is creating a version of the Windows 10 operating system that will run on laptops powered by Qualcomm Inc chips, a move
      BLOOMBERG  -  699 words
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      Lock icon Apple said to be in talks with film studios for early movie rental
      752 15 BLOOMBERG Los Angeles APPLE Inc is pressing Hollywood studios for earlier access to movies, according to people with knowledge of the matter, a move that would bolster the company’s iTunes business. 21st Century Fox Inc, Time Warner
      BLOOMBERG; PHOTO: WALT DISNEY PICTURES  -  752 words
    • Article
      Lock icon Winter is coming: the gadget apocalypse is upon us
      612 15 NYTIMES New York REMEMBER gadgets? They were little electronic things that did stuff for you. They would play music or record videos or give you directions or let you play games on the go. They were fun. Everyone had them. Everyone
      NYTIMES  -  612 words
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      394 15 NOTICES Tel 6289-8822 I Email notices@sph.com.sg I www.sphclass.com.sg AMBER ENTERPRISE HOLDINGS CORP Business Company Number *****66 IN VOLUNTARY LIQUIDATION NOTICE is hereby given pursuant to Section 2041 (1 )(a)(i) that Simon Filmer of Offshore Incorporations Centre, P.O. Box 957 Road Town, Tortola, British Virgin Islands, had been appointed liquidator of
      394 words
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      634 15 THE BVI BUSINESS COMPANIES ACT, 2004 Katurah Enterprises Inc. Company No. *****87 (the “Company”) a BVI Business Company NOTICE OF LIQUIDATOR’S APPOINTMENT NOTICE IS HEREBY GIVEN pursuant to section 204 (1) (b) of the BVl Business Companies Act, 2004 that Tan Ley Hong of 1 Raffles Place, #28-02 Tower 1,
      634 words
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      428 15 IN THE MATTER OF COMPANIES ACT, CAP. 50 AND IN THE MATTER OF RISE AND FOSTER HOLDINGS (SINGAPORE) PTE. LTD. REG. NO. *****4205G (In Members’ Voluntary Liquidation) NOTICE OF FINAL GENERAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of the Companies Act, Cap. 50, that the Final General
      428 words
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  • CONSUMER
    • Article, Illustration
      Lock icon Diamond industry needs to engage millennials: Bain
      594 16  -  They resemble other age groups in their preferences for diamond jewellery but not in their shopping behaviour By Andrea Soh sandrea@sph.com.sg @AndreaSohBT Singapore DIAMOND players need to find ways to effectively engage with millennials, a source of long-term demand for natural diamonds, as
      Source: Bain & Co  -  594 words
    • Article, Illustration
      Lock icon Macau casino regulator sees gaming revenue growth in 2017
      637 16 Curbs on junket operators, money laundering, phone betting expected to pay off BLOOMBERG Hong Kong MACAU’S gaming revenue may grow next year as casinos’ efforts to lure more mass-market gamblers take hold and the city tightens regulations on risky bettors, the
      BLOOMBERG; PHOTO: AFP  -  637 words
    • Article
      Lock icon Faster frappuccinos in China as Starbucks joins WeChat payments
      966 16 BLOOMBERG Shanghai WECHAT lets users text friends, post selfies and pay a gas bill with a smartphone. Now, the blockbuster Chinese app known as Weixin Pay in China can also be used to buy a Java Chip Frappuccino. Starbucks Corp said
      BLOOMBERG  -  966 words
    • Article
      Lock icon Walmart earmarks US$1.3b to expand business in Mexico
      312 16 REUTERS Mexico City RETAILER Wal-Mart de Mexico said on Wednesday it will invest US$1.3 billion in logistics in Latin America’s No 2 economy, in what is perceived as a show of commitment to Mexico at a time of uncertainty after the election
      REUTERS  -  312 words
  • Page 16 Advertisements
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      32 16 0* ft f ■> -3?' .V’ i m -V f »w Celebrate Good Times, Come On! SALE X-Value™ of your home A $961,000 ($866 psf) Up by $8,000 (0.84%) over last quarter SRX.com.sg/property-tracker
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      45 16 What went wrong? “He was widely perceived as a new-generation leader, with all the apparent attributes that should have made him a great president.” Read his verdict on Susilo Bambang Yudhoyono’s decade-long presidency. Veteran Indonesian watcher John McBeth. Now available at leading bookstores or www.stpressbooks.com.sg
      45 words
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  • TRANSPORT
    • Article, Illustration
      Lock icon Vietnam Airlines to lease 20 A321neo planes
      654 17 Flagship carrier is adding domestic and regional flights after carrying a record number of passengers in one of the world’s fastest-growing aviation markets BLOOMBERG Hanoi VIETNAM Airlines Corp plans to lease 20 A321neo aircraft to add domestic as well as regional flights after
      BLOOMBERG; PHOTO: REUTERS  -  654 words
    • Article
      Lock icon Emirates ends A380 delivery standoff after Rolls-Royce agrees to engine fix
      529 17 Malady involves a “higher intervention rate” in maintaining the UK manufacturer’s engines BLOOMBERG London EMIRATES, the biggest long-haul airline, said it struck a deal to accept deliveries of A380 jets powered by Rolls-Royce Holdings Plc engines after the UK
      BLOOMBERG  -  529 words
    • Article
      Lock icon Norwegian Cruise, Royal Caribbean to sail to Cuba
      259 17 BLOOMBERG Dallas ROYAL Caribbean Cruises Ltd and Norwegian Cruise Line Holdings Ltd won Cuban government approval to begin sailing to the island, one of the most hotly anticipated new travel destinations for the industry. Norwegian’s Marina, part of its Oceania Cruises line,
      BLOOMBERG  -  259 words
    • Article, Illustration
      Lock icon With regulations beyond its control, Nissan to focus on cost, technology
      488 17 BLOOMBERG Tokyo NISSAN Motor Co, the Japanese carmaker symbolic of what it means to be a truly global manufacturer, has a simple plan for navigating an unprecedented level of uncertainty around policy and regulation: focus on what it can
      BLOOMBERG; PHOTO: BLOOMBERG  -  488 words
    • Article
      Lock icon Paris imposes more driving restrictions, plans bans on clunkers
      408 17 REUTERS Paris THE French capital Paris announced on Wednesday licence-plate based driving restrictions for a third day in a row and plans bans on old cars as the City of Light experienced the worst air pollution in a decade. On Tuesday
      REUTERS  -  408 words
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  • REAL ESTATE
    • Article, Illustration
      Lock icon Fewer HDB flats resold in November but at higher prices
      548 18  -  This is according to SRX Property data; R’ST Research says the general trend is towards stabilisation By Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore HDB resale prices rose a slight 0.2 per cent in November compared to October this year, driven by
      PHOTO: HDB  -  548 words
    • Article
      Lock icon Local developers still keen to replenish land bank
      715 18  -  By Lynette Khoo lynkhoo@sph.com.sg @LynetteKhooBT Singapore DEVELOPERS are seeing a challenging outlook ahead for the private residential market but many are still keen to replenish their land bank, albeit in a selective fashion. Sim Lian Group, which sold the most number of
      715 words
    • Article, Illustration
      Lock icon New York expands use of hotels amid surge in homeless population
      853 19 About 12% of the city’s homeless people is housed in hotel rooms, compared with just 4% in January, a practice that critics say poorly serves the needs of families NY TIMES New York FACING a continued surge in the
      NY TIMES; PHOTO: AFP  -  853 words
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      50 18 Current Affairs Special Singapore Economy at the Crossroads What's Next? Watch ministers, business representatives and scholars discuss all about future economy! Broadcast details 6 Dec 2016 to 3 Jan 2017 New episode every Tuesday 9.30pm on StarHub TV E City CH111/825 ●10.00pm on zaobao.sg http://bit.ly/zb-it-matters Chinese programme with English subtitles
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      687 19 D04 HOUSE FOR SALE SENTOSA COVE DRIVE Only $11.xM! Sentosa Bungalow Brand new 8570 sqft 5 bdrms Unblocked golf course view. Must sell! Cheapest price! Call Ricky Tan 9848 3062 9061 1592 ET Co D11 HOUSE FOR SALE JALAN NOVENA Brand New Semi-D. Showrm condition. 2469 sqft/ 6205 sqft, 3.5
      687 words
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  • GOVERNMENT & ECONOMY
    • Article
      Lock icon Abe, Putin set to improve ties but breakthrough on islands unlikely
      703 20 REUTERS Tokyo JAPAN and Russia look set to improve ties and clinch some business deals when their leaders meet next week, but both sides are scaling back expectations of a big breakthrough in a territorial row that has blocked
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    • Article, Illustration
      Lock icon China set to rescue Aussie economy at just the right time
      816 20 Rebound in Chinese demand for commodities pushing coal, iron ore prices higher and boosting Australian exports BLOOMBERG Sydney THE news out of Australia isn’t all gloom. While growth figures stank last quarter, the nation is again being cushioned by
      BLOOMBERG; PHOTO: REUTERS  -  816 words
    • Article
      Lock icon ECB cuts size of asset buys to 60b euros but extends duration till end-2017
      381 20 Markets had expected it to stay at 80b euros for 6 more months REUTERS Frankfurt THE European Central Bank unexpectedly reduced its asset buys on Thursday but reserved the right to increase purchases once again, a
      REUTERS  -  381 words
    • Article, Illustration
      Lock icon Japan GDP surges in size but chiefly because of accounting changes
      524 20  -  By Anthony Rowley btworld@sph.com.sg Tokyo WHEN Japan’s Prime Minister Shinzo Abe announced in September 2015 that he was targeting a roughly 100 trillion yen (S$1.2 trillion) or 20 per cent increase in the size of the world’s third-largest economy
      PHOTO: AFP  -  524 words
    • Article
      Lock icon S Korea parliament submits bill to impeach Park
      347 20 REUTERS Seoul SOUTH Korea’s parliament introduced a bill on Thursday to impeach President Park Geun-hye, setting the stage for a historic vote to oust the embattled leader engulfed in an influ-ence-peddling scandal. Parliament is expected to vote on Friday in favour of
      REUTERS  -  347 words
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      Lock icon RBI chief defies calls for lower rates amid currency overhaul
      860 21 Economists see decision as an unexpected but wise move before US reviews policy next week BLOOMBERG Mumbai SPARE a thought for governor Urjit Patel. Handpicked by Prime Minister Narendra Modi to lead India’s central bank after relations soured with his
      BLOOMBERG; PHOTO: REUTERS  -  860 words
    • Article
      Lock icon US policy under Trump may cut Indonesia’s 2017 growth pace
      322 21 REUTERS Jakarta INDONESIA’S growth pace in 2017 will be reduced by nearly half a percentage point if Donald Trump as US president implements all the policies he advocated while campaigning, the development planning minister said on Thursday. For next year,
      REUTERS  -  322 words
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      Lock icon Beijing may ease foreign investment limits in some sectors
      493 21 AFP Shanghai CHINA has indicated it could relax restrictions on foreign investment in some sectors as it struggles to counter an overseas exodus of capital, while facing accusations of protectionism from US President-elect Donald Trump. A record-setting wave of Chinese investment
      AFP; PHOTO: AFP  -  493 words
    • Article, Illustration
      Lock icon Tech tycoon joins battle to map India’s post-cash future
      779 21 Nilekani to work out how to get more Indians to adopt digital payments BLOOMBERG Bengaluru FACED with chaos after eliminating India’s highest value rupee notes, Prime Minister Narendra Modi has roped in a billionaire from the ranks of his adversaries to
      BLOOMBERG; PHOTO: BLOOMBERG  -  779 words
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  • OPINION
    • Article
      Lock icon Donald Trump: Madman of the Year
      911 22  -  THE BOTTOM LINE By Charles M Blow NYTIMES SO, Time magazine, ever in search of buzz, this week named Donald Trump Person of the Year. But they did so with a headline that read, “President of the Divided States of America”. The demi-fascist of
      NYTIMES  -  911 words
    • Article
      Lock icon Italy’s banking crisis is yet another red flag for the eurozone
      635 22 EDITORIAL THE changing of governments in Italy is normally a fairly routine affair, but the resignation on Wednesday of Matteo Renzi, Italy’s 63rd prime minister in 70 years, could have potentially serious implications not just for Italy but also
      635 words
    • Article, Illustration
      Lock icon Shifting narrative on the rupee demonetisation
      1357 22  -  With the measure’s unintended consequences, Modi seems to suggest now that its main aim was to move towards a digital or cashless society. BY RAMKISHEN S RAJAN AND SASIDARAN GOPALAN BY RAMKISHEN S RAJAN, SASIDARAN GOPALAN T Ramkishen S Rajan is professor of economics
      PHOTO: AFP  -  1,357 words
    • Article
      Lock icon Companies’ core areas shrinking under outsourcing onslaught
      887 23  -  COMMENTARY By Bala Shankar T The writer is a Singapore-based consultant THE outsourcing model evolved from the realisation that companies do not have all the expertise in all areas. However, the logic deepened when companies found out that their bandwidth of management and
      887 words
    • Article
      Lock icon Trump’s threats on trade may be inimical to US, global interests
      736 23  -  COMMENTARY By Ben Robinson TThe writer is an economist at the Official Monetary and Financial Institutions Forum London LIKE many of President-elect Donald Trump’s statements, the one he made about withdrawing from the Trans-Pacific Partnership (TPP) trade deal on
      736 words
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      Lock icon Seamless end-to-end workflow needed to lift Singapore retail
      1193 23  -  Set up a convergent system that’s streamlined to enable the new-age consumer to purchase and collect the items they want, on the same day and at a location of their choice. BY PRASHANT DADLANI BY PRASHANT DADLANI TThe writer is the founder
      FILE PHOTO  -  1,193 words
  • Page 22 Miscellaneous
    • Miscellaneous
      Lock icon Page 22 Miscellaneous Column 1
      140 22 Singapore Press Holdings 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.sg chief executive officer singapore press holdings ALAN CHAN deputy chief executive officer singapore press holdings PATRICK DANIEL editor-in-chief (english/malay/tamil media group)
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  • Page 24 Advertisements
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      1730 24 C a i l a n ~E n n o B r i s b a n e r e J e d d a h Shanghai Chittagong Ho Chi Minh H o n g J e b e l A i K o NYK RORO (ASIA) PTE. LTD. n
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      244 24 ENG LEE SHIPPING CO PTE LTD Tel: *****222 (10 Lines) Fax: *****174/*****960 Website: www.englee.com.sg/Email: marketing@englee.com.sg CR No: **********0C REGULAR FEEDER SERVICES TO INDONESIAN (DE1) VESSEL VOY SIN ETA SIN ETD DESTINATION FREQUENCY Marco Polo 132 BST010 10/12/2016 11/12/2016 Buatan/Buatan DAILY Marco Polo 298 PRW076 10/12/2016 11/12/2016 Pelindo/Perawang DAILY Marco Polo
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  • BT Lifestyle
    • Article, Illustration
      Lock icon A VIEW INTO SINGAPORE’S PAST
      1546 25  -  Rather than create original works, artists are looking to historical archives for inspiration, with the blessing of local museums. BT Lifestyle looks at how some of them are “re-writing” history. BY CHEAH UI-HOON BY CHEAH UI-HOON T For the opening weekend, visitors will enjoy free
      1,546 words
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  • ARTS
    • Article, Illustration
      Lock icon Art from the heart
      710 26  -  Works by top Singapore and international artists go on sale for a good cause. BY HELMI YUSOF BY HELMI YUSOF helmi@sph.com.sg @HelmiBT WITH Christmas round the corner, it may be a good time to consider buying art for your home while, at the same time, supporting
      710 words
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      Lock icon Uniqlo T-shirts for BT charity fund
      309 26  -  By Helmi Yusof helmi@sph.com.sg @HelmiBT THE next time you shop at Uniqlo, get a customised Christmas T-shirt featuring illustrations by artist Peter Draw. The proceeds from your purchase will go towards helping The Business Times Budding Artists Fund (BTBAF) which supports artistically gifted children
      309 words
    • Article, Illustration
      Lock icon Works of discipline, elegance and energy
      524 26  -  By Cheah Ui-Hoon uihoon@sph.com.sg THE M1 Contact Dance Festival kicked off on the right foot with the triple bill by T.H.E. Dance Company, which saw three works premiered, choreographed by Kuik Swee Boon, Kim Jae Duk and Arthur Bernard Bazin, respectively. All three were
      524 words
    • Article, Illustration
      Lock icon An exchange of ideas and styles
      463 26  -  By Cheah Ui-Hoon uihoon@sph.com.sg THE Asian Festivals Exchange of the M1 Contact Dance Festival is a platform for cross-cultural exchanges between Singapore-based dancers or choreographers and their counterparts in other countries South Korea, Japan and New Zealand this year. The choreographers spent residency time
      PHOTO: BERNIE NG  -  463 words
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  • DINING OUT/WINE
    • Article, Illustration
      Lock icon Unpretentious Teochew fare hits the spot
      1020 27  -  The establishment not only looks good but also features an extensive range of decently priced home-style dishes. BY JAIME EE jaime@sph.com.sg @JaimeEeBT NEW RESTAURANT imperial Treasure Fine Teochew Cuisine ION Orchard #03-05 2 Orchard Turn Tel: 6736-2118 Open for lunch and dinner daily: 11.30am
      PHOTO: IMPERIAL TREASURE FINE TEOCHEW CUISINE; PHOTOS: JAIME EE  -  1,020 words
    • Article, Illustration
      Lock icon From myth to thing of beauty
      880 27  -  By NK Yong THE story of the renowned wine estate of Bodegas Vega Sicilia on the plateau Ribera del Duero sounds like a fairy tale with a fairy godmother or in this case, a fairy godfather who came along, restored the estate and gave
      PHOTO: NK YONG  -  880 words
  • Page 27 Advertisements
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      62 27 Superstar Hong Kong’s Best Chef The one and only One Fullerton, #02-03B usquba.com HARLAN GOLDSTEIN 13 Dec 17 Dec 2016 Book Now 4 Days to go +65 8723 6378 marketing.onefullerton@usquba.com Happy Hour 1~FOR~1 LADIES LUNCHES EAT FREE 4 eat 1 free, 5 eat 2 free 6 eat 3 free, Weekdays
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  • REVIEWS/DINING
    • Article, Illustration
      Lock icon A bright, breezy and beautifully crafted retro musical
      690 28  -  La La Land moves seamlessly between conventional narrative and stylised romance. BY GEOFFREY EU OF all the piano bars in all the towns in all the world, Mia walks into Seb’s. This scene, near the beginning of Damien Chazelle’s dazzling retro musical
      690 words
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      Lock icon Gritty tale of a fighter who refuses to give up
      626 28  -  By Geoffrey Eu SOMETIMES it feels like we need another boxing biopic about as much as we need a hole in the head, so it’s more than a little ironic that Bleed for This is the tale of a fighter
      626 words
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      Lock icon HK celebrity chef to cook here for five nights
      413 28  -  By Tay Suan Chiang taysc@sph.com.sg @TaySuanChiangBT LARGER-than-life Hong Kong-based chef Harlan Goldstein will be in the kitchen at UsQuBa Grill and Whisky Bar for five nights only, starting Dec 13. The self-proclaimed “No 1 celebrity chef of Hong Kong” will be
      413 words
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      Lock icon Impressive debut from mature filmmaker
      381 28  -  By Dylan Tan dylantan@sph.com.sg @DylanTanSYBT K RAJAGOPAL’S debut feature A Yellow Bird goes where Singapore cinema doesn’t often venture the indie arthouse route. Like Anthony Chen’s Ilo Ilo (2013) before it, and more recently Boo Junfeng’s Apprentice (2016) from earlier this year, this dark and
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  • Page 28 Miscellaneous
    • Miscellaneous
      Lock icon Page 28 Miscellaneous Column 1
      296 28 CRYPTIC CROSSWORD Across 7 Sweet style embracing sweetheart with caress (8) 9 Naughty child’s manner creating damage (6) 10 Medicine taken and oddly drowsier (4) 11 Placebo, with time, almost played in harmony (10) 12 This person’s eating cold Southern chops (6) 14 China is origin of Chinese garden feature
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  • ENTERTAINMENT
    • Article, Illustration
      Lock icon Paying tribute to both mental and physical strength
      622 29  -  Singapore-based Darker Than Wax is the first music label Casio has ever collaborated with to produce a limited edition G-Shock watch. BY DYLAN TAN BY DYLAN TAN dylantan@sph.com.sg @DylanTanSYBT G-Shock MUSIC trends come and go quickly but homegrown electro label Darker Than
      PHOTOS: MARC TAN PHOTOGRAPHY  -  622 words
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      Lock icon Dutch jazz diva spices up pop favourites
      582 29  -  By Dylan Tan dylantan@sph.com.sg @DylanTanSYBT YOU’D think a jazz diva like Laura Fygi would go to great lengths to preserve her vocals but the Dutch songbird confesses she has a weakness for of all things chilli crab. “I love it,” she purrs over
      582 words
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      Lock icon Experimental music festival cranks up the volume
      384 29  -  By Dylan Tan dylantan@sph.com.sg @DylanTanSYBT PREPARE to go on your wildest musical adventure imaginable as homegrown band The Observatory’s annual Playfreely get bigger and louder for its fourth edition. It has partnered Asian Meeting Festival (AFM) for Closer to the Edge, a two-day
      PHOTO: PHLIPP ALDRUP; PHOTO: YVKO ANDO  -  384 words
    • Article, Illustration
      Lock icon Sting to play here next May
      304 29  -  By Dylan Tan dylantan@sph.com.sg @DylanTanSYBT SINGAPORE’S “live” concert calendar just got busier with Thursday’s announcement of Sting’s return to the city next year. The iconic English rocker, who was the frontman of seminal punk-pop band The Police, will play the Singapore Indoor Stadium next
      PHOTO: ERIC RYAN ANDERSON  -  304 words
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      199 30 G Top 100 Wines 2016 This is the seventh year that The Peak Selections: Gourmet Travel has curated a definitive and authoritative list of the best of the best 100 wines. These top scoring wines were selected after being blind-tasted by the Gourmet Travel judging panel comprising 11 renowned wine
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