The Business Times, 10 December 2016

Lock icon This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.

Microfilm: NL34122
Total Pages: 61
1 36 The Business Times
Page thumbnail Page 1
  • Page 1 Advertisements
Page thumbnail Page 2
Page thumbnail Page 3
  • Page 3 Advertisements
    • Advertisement
      Lock icon Page 3 Advertisements Column 1
      72 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 MILLE
      72 words
Page thumbnail Page 4 / 5
  • Weekend
    • Weekend Buzz
      • Article, Illustration
        Lock icon Fit For X’mas
        100 4 / 5 The Yard, Singapore’s largest urban acrobatics and gymnastics training facility, holds its first-ever, all-day Christmas Festival on Dec 11, from 9.30am to 8.00pm. In the line-up are high performance Gymnastics, Trampolining and Parkour displays. There’s also a shopping fair with more than 50 vendors. Brands taking part
        100 words
      • Article, Illustration
        Lock icon my favourite movie
        48 4 / 5 BORAT (2006) “I’ve watched it over 20 times and memorised a lot of the lines. It’s the kind of show that’s good for when you’re stressed and all you want to do is let your brain rot for a bit.” Bjorn Shen, chef-owner of Artichoke
        48 words
      • Article, Illustration
        Lock icon Dine Now
        95 4 / 5 POLLEN New executive chef Steve Allen uses classic French techniques to create dishes inspired by the Mediterranean, such as Celery and Seaweed, as well as Red Prawn Tartare and Tomatoes. T: 6604 9988 RAMEN KEISUKE TORI KING The ramen joint at 100AM launches a new menu for its
        COMPILED BY DYLAN TAN, CHEAH UI-HOON, TAY SUAN CHIANG, RACHEL LOI  -  95 words
      • Article, Illustration
        Lock icon Owl Dressed Up
        104 4 / 5 One of Sri Lanka’s newest boutique hotels, the 16-suite Owl and the Pussycat Hotel is the latest to join the Small Luxury Hotels of the World collection. Located near the UNESCO listed historic Galle Fort and Buddhist temples, the hotel provides access to an unparalleled authentic Sri
        104 words
      • Article, Illustration
        Lock icon Supply & Demand
        105 4 / 5 Supply Demand Not a year goes by without soft rock duo Air Supply making an annual pilgrimage to Singapore. This time, Russell Hitchcock and Graham Russell will ditch the big arena venues and play two intimate shows instead so fans can get up close and personal with them. Expect all
        105 words
      • Article, Illustration
        Lock icon Israel, Is It Not?
        93 4 / 5 Israel brings its history and culture to woo potential tourists in this multisensory exhibition, ‘Open A Door to Israel’. Free to the public, it features nine themed doors representing different aspects of the country. Behind each one is a large LED screen with interactive elements such
        PHOTO: EMBASSY OF ISRAEL  -  93 words
      • Article, Illustration
        Lock icon My Weekend
        197 4 / 5  -  WHAT PEOPLE DO, WHY AND WHERE KATHERINA-OLIVIA LACEY CMO CO-FOUNDER AT QUINCUS “My weekends are sacred to me. I re-charge and do absolutely nothing but sit back and realign myself in order to master the next week. I usually start my mornings by going to CrossFit Tanjong Pagar,
        AS TOLD TO RACHEL LOI  -  197 words
    • Weekend Buys
      • Article, Illustration
        Lock icon Christmas
        131 6 “Christmas is a season when you buy this year’s gifts with next year’s money” TALLY WEIJL REN Moroccan Rose Collection, $120, from Escentials “Coco Crush” Ring 18k white gold in small version, $6,250 18k Yellow Gold in small version, $2,940/18k yellow gold semi pave in small version, $5,950 18k
        BY LIRONG. PRICES ARE ACCURATE AT TIME OF PRINTING  -  131 words
    • Weekend Interview
      • Article, Illustration
        Lock icon Raymond Woo
        953 9  -  Principal Architect, Raymond Woo Associates Architects by TAY SUAN CHIANG AT the age of 77, Raymond Woo has just been named Designer of the Year Singapore’s highest honour for designers and designs. But throughout his long career, he has always preferred his buildings to speak for themselves Singapore
        PHOTOGRAPHY JULIANA TAY  -  953 words
    • Weekend Feature
      • Article, Illustration
        Lock icon Deck the Ho omes
        1738 10  -  It’s beginning to look a lot like Christmas especially in the houses belonging to these four families. by TAY SUAN CHIANG by GEOFFREY EU NATASHA LIOK-QUEK Drea ing of a White Christ as is one thing, but creating y ur wn is another atter altogether. For
        PHOTOGRAPHY JOHN HENG; PHOTOGRAPHY JULIANA TAN; PHOTOGRAPHY FRANCIS LEE; PHOTO COURTESY OF CHENG HSIN YAO  -  1,738 words
    • Weekend Drive
      • Article, Illustration
        Lock icon Combining Aesthetics & Technology
        776 14 Combining Aesthetics Technology Notwithstanding its price tag, there’s no denying the seductive appeal of the LC500, the stunning new luxury sports coupe from Lexus. Samuel Ee shares his enthusiasm. THAT the Lexus LC luxury sports coupe is a very important new model is an understatement. The Lexus brand is in
        776 words
      • Article, Illustration
        Lock icon Seville's Advocate
        447 15  -  Home to flamenco, Seville has plenty to offer culture buffs and sun-seekers, too. SAMUEL EE SEVILLE was chosen as the site for the launch of the Lexus LC luxury sports coupe because of its proximity to the Monteblanco racing circuit and the fast, flowing roads leading to it.
        447 words
    • Weekend Shop
      • Article, Illustration
        Lock icon Click Up A Storm
        1017 18 / 19 Thanks to a new breed of online shoppers, you can now fulfill your every retail desire. Cheah Ui-Hoon reports. First there was online shopping, which opened the door to America’s shopping malls with the help of a ‘manufactured’ local address and a global shipping service. Now,
        ISTOCKPHOTO  -  1,017 words
    • Weekend Style
      • Article, Illustration
        Lock icon A Home For The Holidays
        255 20  -  Here are some gift ideas to delight any house-proud friend. by TAY SUAN CHIANG 1 Atomic orbit. Accessorise a bedroom with the Flensted Mobile, made to commemorate the 100th anniversary of the revolutionary Niels Bohr Atom Model. The Danish brand assembles mobiles by hand. Gallery
        255 words
    • Weekend Design
      • Article, Illustration
        Lock icon The House thst Dad & I Built
        874 21 The House thst Dad I Built Father-and-son architects TK and Jonathan Quek proved an ideal pairing when it came to designing their own multi-generational family home. Geoffrey Eu pays a visit. ‘THREE blocks around a central pool’ is an accurate, if somewhat dull, description of the Quek residence, a modern
        PHOTOGRAPHY JOHN HENG  -  874 words
    • Weekend Drinks
      • Article, Illustration
        Lock icon If Memory Serves
        1001 24 What would your childhood Christmas taste like? Lin Weiwen speaks to four bartenders who have concocted cocktails capturing the mood and colour of their own special moments. JERROLD KHOO Home of the Old Fashioned 18/20 Bukit Pasoh Road “When I was in my early teens, I started
        PHOTOGRAPHY JULIANA TAN  -  1,001 words
    • Weekend Food
      • Article, Illustration
        Lock icon Dinner Wonderland
        261 26 Be the bearer of good and delicious tidings with these gifts. By Tay Suan Chiang 2 DIY Risotto. The Regent Hotel’s executive sous chef Angelo Ciccone is known for his porcini mushroom and saffron risotto, which fans can now make at home with his DIY kit. The Regent
        261 words
      • Article, Illustration
        Lock icon Foodie Heaven
        235 27 Need a smart Christmas gift for a cuisine connoisseur? Jaime Ee has some suggestions. 3 Caffeine High. Resistance is futile, as Nespresso continues to cast its spell on coffee drinkers. The Latissima Touch Palladium Silver machine will bring a smile to the caffeine-starved on your list. Nespresso, S$588
        235 words
      • Article, Illustration
        Lock icon Santa’s Online Helpers
        1015 28 / 29 These days, all you need to put together a perfect Christmas party may just be wifi, as Rachel Loi discovers. In a world where there seems to be an app for everything from buying groceries to hiring a plumber, why hasn’t one been invented that organises Christmas
        1,015 words
    • weekend Thoughts
      • Article, Illustration
        Lock icon In Giving, We Become
        756 30 in a season of festive gifting, Melissa Kwee reflects on the real power of giving. LAST night, I read two books at a ‘Human’ Library. It was where Singaporeans and a sprinkling of guests gathered around tables as either ‘books’ or ‘readers’ of mundane and eclectic
        756 words
Page thumbnail Page 6
Page thumbnail Page 7
Page thumbnail Page 8
Page thumbnail Page 9
  • Page 9 Advertisements
    • Advertisement
      Lock icon Page 9 Advertisements Column 1
      50 9 ROLEX THE DAY-DATE 40 The international symbol of performance and success, reinterpreted with a modernised design and a new-generation mechanical movement. It doesn’t just tell time. It tells history. OYSTER PERPETUAL DAY-DATE 40 IN 18 CT WHITE GOLD THE ROLEX CENTRE. ORCHARD ROAD SINGAPORE. TEL: 6830 5100 FAX: 6235 0183
      50 words
Page thumbnail Page 10
Page thumbnail Page 11
Page thumbnail Page 12
Page thumbnail Page 13
Page thumbnail Page 14
Page thumbnail Page 15
Page thumbnail Page 16 / 17
  • Page 16 / 17 Advertisements
    • Advertisement
      Lock icon Page 16 / 17 Advertisements Column 1
      50 16 / 17 .V' X) f J** N» 4 r** r z* :.-<ArT 1 r# f' <c v, a? ■r *»w ■-'V *T- *> tr. ;V-j. swr® y Bffr v". r«--S < itHU Sa -L SggfS* Sts** m- >- ,v V i. ->i 2fj3£ 3 -*•••> •3r< •V'vt'i. -f' 4C v*4Sr-'. B S
      50 words
Page thumbnail Page 18 / 19
Page thumbnail Page 20
Page thumbnail Page 21
Page thumbnail Page 22 / 23
Page thumbnail Page 24
Page thumbnail Page 25
Page thumbnail Page 26
Page thumbnail Page 27
Page thumbnail Page 28 / 29
Page thumbnail Page 30
Page thumbnail Page 31
  • Page 31 Advertisements
    • Advertisement
      Lock icon Page 31 Advertisements Column 1
      49 31 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°ght
      49 words
Page thumbnail Page 32
Page thumbnail Page 1
  • Title Section
    Lock icon Masthead
    20 1 WEEKEND businesstimes.com.sg fb.com/thebusinesstimes @BusinessTimes A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MCI (P) 038/12/2016 S$1.20 DECEMBER 10-11, 2016
    20 words
  • Page 1 Advertisements
    • Advertisement
      Lock icon Page 1 Advertisements Column 1
      210 1 THE RAFFLES CONVERSATION RALPH HAMERS, CEO of ING Group /14-15 DISRUPTED A million miles goes a long way 34 OFFBEAT A bladder way to pee 36 More people are seeking refuge in gold as uncertainty over the world’s economy grows, and lots of it is flowing to Singapore.BRUNCH/ 11-13 UPFRONT
      210 words
Page thumbnail Page 2
  • PERSPECTIVE
    • Article, Illustration
      Lock icon Cliffhanger, Italian Job-style
      663 2  -  INSIDE VIEW By Joyce Hooi 1What do you think was the most significant thing that happened this week? While the Italian referendum technically happened last Sunday, the world spent this week grappling with the fallout. On Dec 4, Italy’s Prime Minister Matteo Renzi lost a referendum on
      663 words
    • Article
      Lock icon THE WEEK IN REVIEW
      246 2 Several current and former directors of Swiber Holdings were hauled up for questioning by the Commercial Affairs Department and released on bail, the firm said. The directors interviewed by Singapore’s white collar-crime unit between Nov 30 and Dec 2 include Swiber executive chairman Raymond Kim Goh,
      246 words
    • Article
      Lock icon THE WEEK AHEAD
      50 2 Singapore’s labour market report for Q3. Tues, Dec 13 Opec releases its monthly oil market report. wed, Dec 14 Interest rate decision by the Federal Open Market Committee. wed, Dec 14 Top Glove’s Q1 results. /Thurs, Dec 15 Singapore’s merchandise trade data for November. Fri, Dec 16
      50 words
Page thumbnail Page 3
Page thumbnail Page 4
  • UPFRONT
    • Article, Illustration
      Lock icon Good Class Bungalow prices set to soften further
      1338 4  -  Market views are mixed on whether transaction volumes will rise again or fall in 2017 OUTLOOK 2017 by Kalpana Rashiwala kalpana@sph.com.sg @KalpanaBT Singapore THE volume and value of transactions in Good Class Bungalow (GCB) Areas have risen so far this year, though
      FILE PHOTO  -  1,338 words
    • Article, Illustration
      Lock icon Seoul Parliament votes by wide margin to impeach president
      840 5 Ms Park is set to become 1st elected leader to be expelled from office REUTERS Seoul SOUTH Korean lawmakers voted overwhelmingly on Friday to impeach President Park Geun-hye over an influence-peddling scandal, setting the stage for her to become the country’s
      REUTERS; PHOTO: AFP  -  840 words
    • Article, Illustration
      Lock icon John Glenn, first US astronaut to orbit Earth, dies at 95
      1661 6 US space programme revitalised by his historic 1962 mission OBITUARY BLOOMBERG Washington JOHN Glenn, who was celebrated as a national hero after becoming the first US astronaut to orbit Earth and went on to serve 24 years in the
      BLOOMBERG; PHOTO: AFP  -  1,661 words
    • Article
      Lock icon DBS HK staff arrested over illegal use of customer data
      487 7  -  by Jamie Lee leejamie@sph.com.sg @JamieLeeBT Singapore SOME 20 employees of DBS Hong Kong have been arrested or hauled off for questioning by Hong Kong’s anti-corruption agency for illegally using customers’ personal data to sell high-interest loans via an unauthorised call
      487 words
    • Article
      Lock icon Handing over ciggies for a good cause
      328 7  -  by Navin Sregantan navinsre@sph.com.sg @navinsreBT Singapore THE inaugural Give up for Good campaign, the brainchild of local creative agency Up Up and the Singapore Cancer Society, took place on Dec 3 at Bugis+. It brought together three key stakeholders smokers, corporates and cancer
      328 words
    • Article, Illustration
      Lock icon UK MPs and courts confuse electorate who voted for Brexit
      577 8  -  Arguments for and against the process may also hurt business sentiment as the fall in sterling shows by Neil Behrmann btwo rld@sph.com.sg London UK MPs and the courts are thoroughly perplexing the British electorate who voted for Brexit in the
      PHOTO: AFP  -  577 words
    • Article
      Lock icon Politics takes centre stage in Facebook’s 2016
      511 8  -  by Jacquelyn Cheok jaccheok@sph.com.sg @JacCheokBT Singapore POLITICS was the talk of the world this year, with the US presidential election taking top spot in Facebook’s 2016 Year in Review, a list of the year’s most talked-about global topics on the social networking platform
      511 words
    • Article
      Lock icon China warns WTO members about non-market economy clause
      400 9 REUTERS Beijing CHINA’S Commerce Ministry said on Friday it would take “necessary measures” if World Trade Organization (WTO) members continue to use a non-market economy clause to assess dumping duties against it after Dec 11. Ministry spokesman Shen Danyang made the comment
      REUTERS  -  400 words
    • Article, Illustration
      Lock icon Financial markets over-reacting to Trump victory: MUFJ chief
      443 9  -  There is equal uncertainty over the wider impact of Brexit, he adds By Anthony Rowley btworld@sph.com.sg Tokyo FINANCIAL markets have “moved ahead of reality” in their reaction to the election of Donald Trump as the next US president of the United States,
      PHOTO: AFP  -  443 words
    • Article, Illustration
      Lock icon For the first time, an engineer is a Designer of the Year
      1007 10  -  Hossein Rezai wins the President’s Design Award, along with architects Rene Tan and Raymond Woo by Tay Suan Chiang taYsc@sph.com.sg @TaySuanChiangBT Singapore WHEN looking at a building, what usually strikes first is how well the architect has designed
      1,007 words
Page thumbnail Page 5
  • Page 5 Advertisements
    • Advertisement
      Lock icon Page 5 Advertisements Column 1
      242 5 THE SOUND VISION SPECIALIST The Headphone Bar SALE Parrot Audeze Cypher Labs AKG Audinst Sennheiser B&0 Heir Audio WOO Audio Fischer Audio HiFiMAN Ultimate Ears JAYS Klipsch Chord Selection of over 200 models available T Parrot T Zik3.0 J FiiO RHA Shure KEF Burson Westone Grado Turntable Specials for Analogue
      242 words
    • Advertisement
      Lock icon Page 5 Advertisements Column 2
      574 5 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF BW MALACCA PTE. LTD. Company Registration No. *****0236R (In Member’s Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the Company deemed held on the 7th day of December 2016, the Resolutions set out
      574 words
Page thumbnail Page 6
Page thumbnail Page 7
  • Page 7 Advertisements
    • Advertisement
      Lock icon Page 7 Advertisements Column 1
      256 7 NOTICES BEFORE THE HON’BLE JUDICIAL MAGISTRATE’S COURT NO.2 AT NAGERCOIL, TAMIL NADU, INDIA. DOMESTIC VIOLENCE CASE NO. 6/2016 Between: 1. Bharathi Mahesh Kannan W/o. Krishnamoorthy Mahesh Kannan D.No.13/14, Pattariar North Street, Kottar, Nagercoil, Kanya Kumari District, TamilNadu, India-629 002. 2. Mahesh Kannan Jaishiva S/o. Krishnamoorthy Mahesh Kannan, D.No. 13/14, Pattariar
      256 words
Page thumbnail Page 8
  • Page 8 Advertisements
    • Advertisement
      Lock icon Page 8 Advertisements Column 1
      49 8 A decade lost? “If I have been too judgmental, it is because I expected so much of President Susilo Bambang Yudhoyono—as did many of my Indonesian friends.” Veteran Indonesian watcher John McBeth. Read his verdict on Indonesia’s sixth president and his legacy. Now available at leading bookstores or www.stpressbooks.com.sg
      49 words
Page thumbnail Page 9
  • Page 9 Advertisements
    • Advertisement
      Lock icon Page 9 Advertisements Column 1
      137 9 NOTICES Tel 6289-8822 I Email notices@sph.com.sg I www.sphclass.com.sg KPISOFT PTE. LTD. UEN: *****6989Z (“the Company”) LOST SHARE CERTIFICATE NOTICE IS HEREBY GIVEN THAT the share certificate numbered 45 fully paid Class B ordinary shares in KPISOFT PTE. LTD. registered under the name of Ravindran GOVINDAN has been reported lost. NOTICE
      137 words
    • Advertisement
      Lock icon Page 9 Advertisements Column 2
      89 9 Glenco Group Services Ltd. Company No. *****50 (In Voluntary Liquidation) NOTICE is hereby given pursuant to Section 204 (1)(b) of the BVI Business Companies Act, 2004 that Glenco Group Services Ltd. is in voluntary liquidation. The voluntary liquidation commenced on 18th November, 2016 and Rafael E. Alain M. of MMG
      89 words
Page thumbnail Page 10
Page thumbnail Page 11
  • BRUNCH
    • Article, Illustration
      Lock icon IN GOLD WE TRUST
      2358 11  -  WHAT DO YOU DO WHEN YOU THINK THE END IS NIGH? BUY GOLD, LOTS OF IT. AND BRING IT TO SINGAPORE. BY ANDREA SOH sandrea@sph.com.sg @AndreaSohBT FORGET the zombie apocalypse. Some of us are locked and loaded for likelier problems. Two years after the Great Financial
      PHOTOS: YEN MENG JIIN; Source: Fitco  -  2,358 words
Page thumbnail Page 12 / 13
  • Page 12 / 13 Advertisements
    • Advertisement
      Lock icon Page 12 / 13 Advertisements Column 1
      195 12 / 13 How gold, as we know it, came to be THE EGYPTIANS THE LYNDIANS THE CHINESE THE GREEKS THE ROMANS THE SPANISH Source: Visual Capitalist BT Graphics: Sarah Chua King Ferdinand of Spain said to explorers: “Get gold, humanely if you can but at all costs, GET GOLD.” 3600 BC 2600
      195 words
Page thumbnail Page 14 / 15
  • THE RAFFLES CONVERSATION
    • Article, Illustration
      Lock icon BANKING DIGITISED
      2072 14 / 15  -  ING boss Ralph Hamers believes finance products are similar, so their delivery has to be different. By CAI HAOXIANG haoxiang@sph.com.sg @HaoxiangCaiBT THE biggest challenge facing Dutch bank ING chief executive Ralph Hamers is not coming up with new banking products, but delivering existing products smoothly. The challenges posed
      2,072 words
Page thumbnail Page 16
  • INVESTING & WEALTH
    • COMPANIES
      • Article, Illustration
        Lock icon O&G stocks are at best trading plays post-Opec cut: UOB Kay Hian
        473 16  -  But it cautions against yards not being able to replenish their order books By Tan Hwee Hwee hweetan@sph.com.sg @HweetanBT Singapore OIL and gas (O&G) counters remain at best trading plays despite Opec’s (Organization of the Petroleum Exporting Countries)
        Source: Bloomberg  -  473 words
      • Article
        Lock icon Opec’s supply curbs not enough to drain oil stockpiles: analysts
        797 16 BLOOMBERG Dubai OPEC (Organization of the Petroleum Exporting Countries) is likely to bring the oil market into balance by the middle of next year, but its production cut looks set to fall short of its stated goal of draining the
        BLOOMBERG  -  797 words
      • Article
        Lock icon KrisEnergy’s shares rise on approval for bond restructuring, but some noteholders disappointed
        511 17  -  With the “yes” vote, the other parts of the firm’s financial restructuring plans also fall into place BOND WOES by Andrea Soh sandrea@sph.com.sg @AndreaSohBT Singapore KRISENERGY’S bond restructuring proposal was passed by bondholders on Friday, to the disappointment
        511 words
      • Article, Illustration
        Lock icon Rickmers picks Dec 21 for adjourned noteholders meeting
        448 17  -  by Tan Hwee Hwee hweetan@sph.com.sg @HweetanBT Singapore THE trustee-manager of Rickmers Maritime said before trading hours on Friday, the adjourned noteholders’ meeting to vote on the restructuring of S$100 million medium term notes (MTN) will take place on Dec 21, 2016. Noteholders
        ST FILE PHOTO  -  448 words
      • Article, Illustration
        Lock icon Ezra gains on hopes of firmer oil prices
        262 17  -  HOT STOCK by Jamie Lee leejamie@sph.com.sg @JamieLeeBT Singapore EZRA Holdings was among the oil-and-gas stocks that gained on Friday, amid hopes that stronger oil prices would lift the sector out of its deep funk. Shares of Ezra were up 0.1 cent or
        Source: Bloomberg  -  262 words
      • Article
        Lock icon OCBC throws wrench in iFast’s stockbroking plans
        500 18  -  iFast’s new FSMOne platform hits snag when counterparty OCBC Securities stops providing connection to SGX by Kenneth Lim kenlim@sph.com.sg @KennethLimBT Singapore ONLINE investment products retailer iFast Corp learned on Friday that if it wants to use a Singapore stockbroker’s services to attack that
        500 words
      • Article
        Lock icon YTD returns for ETFs with US exposure average 6.8%
        672 18  -  By Claire Huang huangjy@sph.com.sg @ClaireHuangBT Singapore UNITED States exchange traded funds (ETFs) have come under the spotlight in anticipation of the US Federal Reserve raising interest rates when officials meet next week. In December so far, the db x-trackers S&P 500
        672 words
      • Article
        Lock icon Natixis seeks expansion in Asia even as rivals StanChart, Barclays scale back in region
        467 19 French bank’s CIB division is anticipating revenue growth of as much as 20% this year BLOOMBERG Hong Kong NATIXIS SA’s Asian corporate and investment banking (CIB) division is anticipating revenue growth of as much as 20
        BLOOMBERG  -  467 words
      • Article
        Lock icon STI boasts nice yields, but actual returns grow slowly
        416 19  -  by Kenneth Lim kenlim@sph.com.sg @KennethLimBT Singapore THE relatively attractive yields on Singapore’s listed blue chips might suggest good entry points for investors. But once investors have already bought in, the growth of the actual dividend payout for the Straits Times Index
        416 words
      • Article
        Lock icon IMC Shipping joins Baltic Exchange
        191 19  -  by Anita Gabriel anitag@sph.com.sg @AnitaGabrielBT Singapore IMC Shipping has joined the Baltic Exchange, being the first to apply for membership since the Singapore Exchange (SGX) acquired the London shipping institution. IMC Shipping part of the IMC Industrial Group joins over 650 Baltic Exchange member firms
        191 words
      • Article
        Lock icon SECURITIES TRADING SCOREBOARD
        186 19 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 6 5 4 1 0 0 7 5 4 Manufacturing 37 34 29 7 6 11 44 40 40 Commerce 18 16 9 5 4 3 23 20 12 Tpt/Stor/Comms 11 9 7
        186 words
      • Article
        Lock icon SECURITIES TRADING TURNOVER
        123 19 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 11,254 142 11,396 45,482 23 45,505 Manufacturing 92,602 110,504 203,106 106,346 2,101 108,446 Commerce 315,012 13,635 328,647 113,727 266 113,993 Tpt/Stor/Comms 88,660 50 88,710 109,199 5 109,203 Finance 29,719 174 29,893 357,473 25 357,498 Construction
        123 words
      • Article
        Lock icon Banks, US rally help STI rise 1.3% this week
        583 20  -  STOCKS by R Sivanithy A FIRM week for the Straits Times Index (STI) ended on Friday with a mixed session that saw the index lose 2.73 points, a loss that limited the gain over the five days to 37 points or
        583 words
      • Article
        Lock icon BT SHARE INFORMATION SERVICE
        806 20 Substantial shareholder/director transactions For week beginning Dec 5 Substantial Buy No of Price ———SHAREHOLDING Trans Shareholder/ Sell Shares Per Before After Stock Date Director Conv '000 Shr ('000) ('000) Croesus Retail Tr 08-Dec-16 Jim Chang Cheng-Wen *Buy 200 0.85 ***** 2.49 ***** 2.52 Croesus Retail Tr
        806 words
      • BROKERS’ TAKE
        • Article
          Lock icon Fraser & Neave > Buy
          141 20 Fraser Neave > Buy RHB, Dec 9 Target price: S$2.43 Dec 9 close: S$2.10 F&N announced earlier this week that two wholly owned subsidiaries have participated in the competitive bid process to each acquire 39.2 million Vinamilk shares or 2.7 per cent in the issued share capital of Vinamilk from
          141 words
        • Article
          Lock icon Singapore telcos > Neutral
          257 20  - Singapore telcos > Neutral Compiled by Melissa Tan OCBC Investment Research, Dec 9 MYREPUBLIC and TPG Telecom are pre-qualified to participate in the New Entrant Spectrum Auction (NESA), targeted to complete by end-CY16. The reserved price for the set aside spectrum lots is S$35 million. Both companies are expected to
          257 words
    • Article, Illustration
      Lock icon FINDING A THEORY TO EXPLAIN ASSET BUBBLES
      969 21  -  Extrapolative expectations might be the answer to many of the world’s financial and economic puzzles. BY NOAH SMITH BY NOAH SMITH the world’s financial and economic puzzles. BY NOAH SMITH WHAT causes asset bubbles? This question is the great white whale of finance
      PHOTO: REUTERS; PHOTO: BLOOMBERG  -  969 words
    • Article, Illustration
      Lock icon Carry-trade choice for emerging markets shifts to euro from yen
      698 22 Analysts expect the yen to strengthen 2.7% by next June doing the best among 16 major peers while the euro is forecast to weaken 2% INVESTORS are starting to shift to the euro from the Japanese yen when they consider
      PHOTO: BLOOMBERG  -  698 words
    • Article
      Lock icon Portfolio gets revamp in line with 2017 outlook
      1125 23  -  Robo-advisory launched to help investors navigate financial markets. by Ho Song Hui THE month of November was volatile but ended strongly, with markets reacting positively to Donald Trump’s victory in the US presidential elections. The best performers were the China onshore market,
      1,125 words
    • Indices
    • Commodities
      • Article, Illustration
        Lock icon oil (us$/bbl)
        27 24 NAME PRICE/UNIT 3-MONTH% Gold US$1,170.73/oz -12.2 Silver US$17.075/oz -12.3 Copper US$5,782/MT 24.0 Soybeans US$1,027.0/bu 4.7 Palm Oil MYR3,070/MT 18.8 Coffee US$141.50/lb -8.3 Sugar US$19.56/lb -5.5
        27 words
    • Currencies
      • Article
        Lock icon Asian currency vs USD
        84 24 (,:UHRfNC‘V PRICF E:-D/W 1Mr>mu w—AR-Tu. DATE'xC« Singapore dollar 1.4231 0.O0 -2.29M -0.70 China RMB 6.9032 -0.22 4.84 ~6.02 OffshoreRMB 5.9314 -0.81m-1.96. -5.21 Indian,ruP9e,. ,6Z-,3275,,.1:25,,.:1-37 -184 "1d°'1e$.‘a'1.fUP‘3!? 13.v.29§. ....‘'-<?.4 41.‘? Japanese yen 114.42 -0.48 4-9.93M 5.21 Korean won 1.***** 0.55 -1.33 0.32 Malaysian ringgit 4.4243 0.22 -4.25
        84 words
      • Article, Illustration
        Lock icon Singapore dollar per USD
        12 24 Compiled from Bloomberg at 5.30pm on Dec 9
        Compiled from Bloomberg at 5.30pm on Dec 9  -  12 words
    • STI
      • Article
        Lock icon Straits Times index component stocks
        398 25 NAME PRICE WEEKLY PRICE CHANGE UOL Group Ltd LOW HIGH YTD TOTAL RETURNS P/E P/B DIVIDEND 12-MONTH YIELD MARKET CAP ($M) 52 WEEK PRICE RANGE UOL Group Ltd 6.22 5.26 6.27 2.2 16.7 0.63 2.4 5,004.5 Jardine Cycle Carriage Ltd 41.64 32.05 44.9 22.7 17.8
        398 words
    • Reits and rates
Page thumbnail Page 17
Page thumbnail Page 18
Page thumbnail Page 19
  • Page 19 Advertisements
    • Advertisement
      Lock icon Page 19 Advertisements Column 1
      52 19 Buy new musical instruments or put up your old ones for sale in CLASS 72 To advertise, call the Print Classified Hotline: 1800-289 9988 Blow your own trumpet Buy new musical instruments or put up your old ones for sale in CLASS 72 To advertise, call the Print Classified Hotline:
      52 words
Page thumbnail Page 20
Page thumbnail Page 21
Page thumbnail Page 22
Page thumbnail Page 23
Page thumbnail Page 24
Page thumbnail Page 25
Page thumbnail Page 26
  • REAL ESTATE
    • Article, Illustration
      Lock icon Manulife US Reit nestled in a sweet spot, says its manager
      1743 26 It is almost bond-like in terms of resilience should the US economy tank and ready to grow should the latter boom IN her earliest memories, bedtime stories for Jillian Smith were less about whimsical fables or enchanting tales, and
      FILE PHOTO  -  1,743 words
    • Article, Illustration
      Lock icon Bankrupt trader’s bungalow finds buyer
      590 27  -  Vehicle held by developer Chiu Teng pays S$15.1m, below original asking price of S$16m By Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore THE freehold bungalow at 85 Branksome Road, vacated by the bankrupted managing director of spice and nut trader Pars Ram Brothers and his family, has
      FILE PHOTO  -  590 words
    • Article
      Lock icon House hunt
      1350 28 Property transactions for selected districts with contract dates between Nov 24 and Nov 29, 2016 PROJECT NAME/ PROP CONTRACT TENURE BUILT-IN TRANSACTED PSF TOX* RENTAL STREET NAME TYPE DATE /LAND PRICE (S$) YIELD** AREA (S$,000) (SQF) District 1 EMERALD GARDEN Condo 24/11/2016 999 969 1,460 1,507 -7.59 3.12
      1,350 words
    • Article
      Lock icon Top median rentals of projects by district in last 3 months
      317 29 PROJECT NAME/ PROPERTY LOWEST MEDIAN HIGHEST NO. OF STREET NAME TYPE PRICE (S$) PRICE (S$) PRICE (S$) TRANSACTIONS District 1 THE SAIL MARINA BAY Apt 2,573 4,600 8,800 25 District 2 ICON Apt 3,000 3,700 5,600 19 District 3
      317 words
    • Article
      Lock icon Top 10 condo searches
      92 29 RANKING NAME TOTAL SEARCHES IN PAST MEDIAN PRICE PSF TWO WEEKS (S$) 1 BAYSHORE PARK 402 849 2 COSTA RHU 312 1,118 3 WATERBANK AT DAKOTA 312 1,428 4 THE LAKESHORE 287 1,037 5 CARIBBEAN AT KEPPEL BAY 207 1,429 6 FLAMINGO VALLEY 199 1,168 7
      92 words
    • Article
      Lock icon Mortgage rates this week
      160 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 DEC 5 SIBOR SOR COMBO BANK’S BOARD RATE Lowest rate
      160 words
    • Article
      Lock icon Manhattan apartment owners prop up market with incentives
      695 29 One month’s free rent and payment of broker fees part of effort to keep up appearance of rents being at a higher level BLOOMBERG New York MANHATTAN apartment landlords are offering potential tenants more perks to avoid cutting rents further in a
      BLOOMBERG  -  695 words
Page thumbnail Page 27
  • Page 27 Advertisements
    • Advertisement
      Lock icon Page 27 Advertisements Column 1
      133 27 y*A w kV M ns I Javier, 9, was about to lose his left leg. But a unique stem cell treatment ensured that did not happen INSIGHT Keeping free trade flowing as protectionism pushes back TPP i THE ftOWLEr ENDS stoppc j DEttOCHH^l xuffp INVEST Fire insurance: What you need
      133 words
Page thumbnail Page 28
Page thumbnail Page 29
Page thumbnail Page 30
  • THE BROAD VIEW
    • Article, Illustration
      Lock icon Men and their challenged gift-giving ways
      1219 30  -  Feelings of inadequacy are common in a culture that correlates a gift with the devotion of the person giving it. By Sridhar Pappu by Sridhar Pappu NYTIMES ROB York was no more than 11 years old when he realised how terrible his father was
      NYTIMES; PHOTOS: NYTIMES  -  1,219 words
    • Article, Illustration
      Lock icon American Dream collapsing for young adults, study says
      831 31  -  Findings have deep implications for President-elect Donald Trump’s policy agenda. By Jim Tankersley By Jim Tankersley WP RISING income inequality has eroded the ability for American children to grow up to earn more than their parents, according to groundbreaking new research from
      WP; PHOTO: AFP  -  831 words
Page thumbnail Page 31
  • Page 31 Miscellaneous
    • Miscellaneous
      Lock icon Page 31 Miscellaneous Column 1
      29 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.sg
      29 words
    • Miscellaneous
      Lock icon Page 31 Miscellaneous Column 2
      30 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 TAY
      30 words
    • Miscellaneous
      Lock icon Page 31 Miscellaneous Column 3
      13 31 DEPUTY CHIEF EXECUTIVE OFFICER SPH ANTHONY TAN GROUP CHIEF MARKETING OFFICER ELSIE CHUA
      13 words
    • Miscellaneous
      Lock icon Page 31 Miscellaneous Column 4
      12 31 EDITOR WONG WEI KONG ASSOCIATE EDITOR VIKRAM KHANNA NIGHT EDITOR EDMUND LOH
      12 words
    • Miscellaneous
      Lock icon Page 31 Miscellaneous Column 5
      29 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 ANG
      29 words
    • Miscellaneous
      Lock icon Page 31 Miscellaneous Column 6
      27 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 NG
      27 words
Page thumbnail Page 32
Page thumbnail Page 33
  • LIFE & CULTURE
    • Article, Illustration
      Lock icon Pantone’s 2017 Color of the Year is a ‘bright and powerful’ green
      444 33 Greenery is a “zesty yellow-green shade that evokes the first days of spring” WP Washington FOR a world weary of so much red and blue, green may be just the right tone for the 2017 Pantone Color of
      WP; PHOTO: NYTIMES  -  444 words
    • Article, Illustration
      Lock icon A million miles goes a long way
      1190 34  -  This Singapore family is about to take a trip around the world in style for only, you know, free. Thanks to travel hacking, they recently redeemed four Business Class, Round the World tickets worth S$76,000 using one million air miles earned from credit
      1,190 words
    • Article, Illustration
      Lock icon No second chance at a first impression
      1229 35  -  CUBICLE FILES by Vivien Shiao vshiao@sph.com.sg @VivienShiaoBT SEVERAL years ago when I was fresh out of university and looking for a job, I managed to land an interview for an editorial position that I was extremely keen on. A combination of nerves, social
      ILLUSTRATION: KENNETH LIM  -  1,229 words
    • Article, Illustration
      Lock icon A bladder way to pee
      873 36  -  by Kelly Tay kellytay@sph.com.sg @KellyTayBT OFFBEAT HARK, fellow women, for equality is here thanks to female urination devices (FUDs), we can now pee standing up, too. I get that this isn’t the most genteel of topics to broach, but as that Singaporean saying goes: good
      ILLUSTRATION: YU KEXIN; ILLUSTRATION: GOOGLE PATENTS/ EDYTH LACY  -  873 words
  • Page 33 Advertisements
    • Advertisement
      Lock icon Page 33 Advertisements Column 1
      39 33 Current Affairs Special Singapore Economy at the Crossroads What's Next? 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
      39 words
Page thumbnail Page 34
Page thumbnail Page 35
Page thumbnail Page 36
  • Page 36 Miscellaneous
    • Miscellaneous
      Lock icon Page 36 Miscellaneous Column 1
      358 36 Across 1 Rough handling that is deliberate is being covered up (6) 4 Notice project worker, one assisting senior officer (8) 9 Healthy food for party people (6) 10 One present late in the morning or evening by river (8) 11 Vehicle, say, in City area area half destroyed (6,3)
      358 words