The Business Times, 17 December 2016
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2016-12-17
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The Business Times
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Advertisement71 2016-12-17 1 T H E W E E K E N D I N T E RV I E W Krystal Choo Founder of social travel app Wander Millennials Moving in on the W dec17-18 path.indd 1 14/12/16 12:08 AM <A ro o z O O CD m 05 o D 0571 words
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Advertisement57 2016-12-17 2 BUSINESSTIMES.COM.SG CO REGN NO *****2868E MCI (P) 040/08/2016 A SINGAPORE PRESS HOLDINGS PUBLICATION k Buzz 4 Buys 6 The Weekend Interview Krystal Choo, founder of social travel app Wander 8 Feature Right Young Things 10 Design 16 Drive Wishing on a Car 20 Sporty New Ride 25 Food 26 Holiday57 words
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Advertisement32 2016-12-17 2 y Photography: Juliana Tan Location: Ascott's Lyf showflat Styling Direction: Desmond Lim Styling Assistant: Joey Tan Hair: Bosco Eng from Hairloom Outfit: Polyproplene turtleneck by Prada; brilliant lamb skirt by Bottega Veneta32 words
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Advertisement22 2016-12-17 3 TAKASHIMAYA SHOPPING CENTRE 6836 7588 RINGS IN DIAMONDS, WHITE GOLD AND YELLOW GOLD COCO CRUSH CHANEL.COM BT *****511-1 22OCT2016.indd 1 17/10/2016 15:1222 words
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Weekend
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Weekend Buzz
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Article, Illustration100 2016-12-17 4 / 5 In 2015, Singapore generated a total of 785,500 tonnes of food waste, according to the National Environment Agency (NEA). Such scary statistics were what inspired ex-bak kut teh seller Tan Jun Yuan to find a solution by developing a food discount app, 11th Hour. It lists promos100 words
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Article, Illustration112 2016-12-17 4 / 5 L–R:PARK BENCH DELI The popular sarnie joint offers two festive sandwiches for a limited time only. Hot Butter Ball, is a take on the classic Thanksgiving staple with slow-cooked turkey, finished with a brown butter and truffle gravy. The Porchetta Sandwich, features pork belly and caramelised onions. T:COMPILED BY RACHEL LOI, TAY SUAN CHIANG, DYLAN TAN - 112 words
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Article, Illustration104 2016-12-17 4 / 5 From the producers of acclaimed stage shows The Illusionists and Le Noir, comes Cirque Adrenaline, a heart-pounding, jaw-clenching ‘live’ spectacle featuring the world’s most daring and death-defying acts. Call it Circus 2.0, as it updates traditional acts and mixes clowns and trapeze artists with daredevil motorcyclists and complex104 words
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Article, Illustration53 2016-12-17 4 / 5 save the date(2016) BY OLGA ISERLIS “I’ve been a fan of Ms Iserlis’ works, having seen some of the events she has hosted in glossy magazines and on Instagram. I also like entertaining at home, and her tips on throwing a successful party are helpful.” Gillian Lee,53 words
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Article, Illustration87 2016-12-17 4 / 5 Parkway Parade welcomes one of Finland’s most recognisable and beloved characters, the Moomins a family of white, roundish fairy tale creatures with large snouts that make them look like hippos this festive season. Originating from a series of books and comic strips written by Tove Jansson, the87 words
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Article, Illustration116 2016-12-17 4 / 5 Japan’s largest airline ANA adds two renowned master chefs to its ‘The Connoisseurs’ program, where acclaimed chefs design meals for its airport lounges and international flghts. Takeshi Kikuchi is head chef of Tokyo Shiba Tofuya Ukai, while Joachim Splichal is the founder and executive chef of the PatinaAS TOLD TO RACHEL LOI - 116 words
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Article, Illustration63 2016-12-17 4 / 5 Jingles Jazz Jazz singer Alemay Fernandez and modern-day soul man Rob Collins return to bring festive cheer to The Black Swan on Dec 23, at 7pm. The duo played to a sold-out crowd last Christmas and is set to warm the heart of even the biggest Grinch. Four course dinner63 words
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Article, Illustration157 2016-12-17 4 / 5 DEBBIE LEE - WHAT PEOPLE DO, WHY AND WHERE DEBBIE LEE CEO FOUNDER TECH STORM “I am a huge Star Wars fan so catching Rogue One is top of my weekend to-do list on a Saturday. It’s different from the earlier Star Wars series as it’s a stand-alone release. For Sunday,157 words
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Weekend Buys
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Article, Illustration59 2016-12-17 6 “Dressing is a way of life” YVES SAINT LAURENT Wool Knitted Cardigan, Price unavailable from Moncler Kiss Blush Duo, $55 From YSL Beauty Sophia Webster beaded clutch, $1202.98 From Net-a-Porter. Golden brass bracelet, $785 From Chloe. Cire Trudon Cyrnos Candle, $150 from Escentials Leather strap watch, $4,390 from Hermes.BY LIRONG. PRICES ARE ACCURATE AT TIME OF PRINTING - 59 words
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Weekend Interview
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Article, Illustration922 2016-12-17 8 / 9 RACHEL LOI - CEO and founder of social travel app wander by RACHEL LOI Krystal Choo believes that for someone to be an entrepreneur, they need to be at least slightly delusional. Like her. “When society tells me no, you can’t you’re too young, you’re a girl; Singapore is too small;PHOTOGRAPHY JULIANA TAN - 922 words
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Weekend Feature
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Article, Illustration399 2016-12-17 10 Helmi Yusof finds out why brands are bending backwards to court a connected, fearless and idiosyncratic generation of consumers— the Millennial. FEW millennials actually like being called a “millennial”. “It’s as if we are one bloc of people, all behaving the same way when in fact, we399 words
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Article, Illustration1835 2016-12-17 12 Interactions with the audience (who e-mail me or post comments under the video) are immediate. Coming from a background of theatre and TV, this was new to me. It’s much easier to stay engaged with the online community.” IN THE SAME WEEK that Ascott launched Lyf, cognacPHOTOGRAPHY JULIANA TAN - 1,835 words
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A SCOTTS SQUARE SPECIAL
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Article, Illustration288 2016-12-17 14 / 15 GIFTS IN A CLASS OF THEIR OWN, FOR THE DISCERNING SHOPPER. ONLY AT SCOTTS SQUARE. Clockwise from top left Galop ring in silver from HERMÈS Infinito desiderio necklace in white gold with diamonds from DAMIANI Chain link bracelet in sterling silver and 18k rose gold with diamondsSTYLINGVERNON SIM. PHOTOGRAPHY CHING @ GREENPLASTICSOLDIER. PHOTO ASSISTANT WANG ZHI XIANG. STYLING ASSISTANT CHRISTINE LIM; 6 SCOTTS ROAD S228209 // WWW.SCOTTSSQUARERETAIL.COM // INSTAGRAM@SCOTTSSQUARESG - 288 words
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Weekend Design
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Article, Illustration535 2016-12-17 16 / 17 Calming shades of blue and sand flow through this redesigned 1970s apartment. Tay Suan Chiang gets a closer peek. WITH a busy lifestyle that includes running her own dermatology clinic, playing squash in the evenings, cooking for friends and frequent travelling for both work and leisure, allPHOTOGRAPHY: YEN MENG JIIN - 535 words
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Article, Illustration704 2016-12-17 18 / 19 Get set for the latest brand from leading international serviced residence company, Ascott, created specifically for millennials. ADVERTORIAL It is the age of the traveller who enjoys co-working and co-living, who craves discoveries and community, and desires local experiences. It is the age of the millennial traveller,704 words
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Weekend Drive
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Article, Illustration387 2016-12-17 20 Need something special for a motoring buff? Samuel Ee has some ideas. Have a Field day. Want something as cool as the new Aston Martin DB11 but in a more conducive price range? Try the Field Jacket by British menswear label Hackett. Taken from the Autumn/387 words
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Article, Illustration648 2016-12-17 25 BMW’s new 5 Series ups the game with cool design updates and more agile handling, as Samuel Ee reports. THE seventh generation of BMW’s most recognisable model is so new it seems the only thing carried over is the round blue and white badge. The German premium648 words
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Weekend Food
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Article, Illustration960 2016-12-17 26 / 27 Will century-old tempura and Michelin- starred Italian cuisine win over the taste buds of finicky Singapore diners, wonders Tay Suan Chiang. ippoh Tempura Bar by Ginza ippoh Block 17B Dempsey Road T. 1800 304 3388 Considering how spoilt for choice Singapore diners are when it comes960 words
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Weekend Holiday
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Article, Illustration1935 2016-12-17 28 A different kind of revolution is shaking up Cuba, a nation emerging from decades of deep freeze. Geoffrey Eu comes away enchanted. CHANGE is coming to Cuba and it’s about time. After decades of proud isolation, this Caribbean island nation, seemingly frozen in time since 1959 and definedCuban countryside - 1,935 words
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Weekend Watch
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Article, Illustration1073 2016-12-17 32 Women are about to get star treatment from IWC, which is spearheading a movement to develop more watches just for women, starting with next year’s Da Vinci collection. Chuang Peck Ming has the details. IT was nearly a decade ago that Swiss luxury watch brand IWC Schaffhausen launched1,073 words
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Weekend Nostalgia
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Article, Illustration165 2016-12-17 34 Feb 1953 Plush seats and Dolby stereo sound may be the norm in today's cineplexes, but the first public cinema in Singapore was nothing more than a pitched tent set up by a travelling Parsi showman. Located at the junction of Hill Street and River Valley Road, heBY AVANTI NIM. IMAGE YUSOF ISHAK COLLECTION, COURTESY OF NATIONAL ARCHIVES OF SINGAPORE - 165 words
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Advertisement73 2016-12-17 7 Didier Gourdon J L RICHARD MILLE S3N p ss s r» s# t 3 i k t -•> 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 07-0173 words
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Advertisement55 2016-12-17 8 / 9 t ROLEX THE DAY-DATE 3 6 The ‘presidents’ watch’, the first wristwatch to display the day and date in full, has marked the height of prestige and elegance since 1956. It doesn’t just tell time. It tells history. 28 OYSTER PERPETUAL DAY-DATE 36 THE ROLEX CENTRE. ORCHARD ROAD SINGAPORE. TEL:55 words
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Advertisement94 2016-12-17 21 G T O P 10 0 W I N E S 2 0 16 I N C O L L A B O R AT I O N W I T H D B S I N S I G N I A V I S A I N F94 words
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Advertisement180 2016-12-17 22 G O U R M E T T R AV E L’ S DEFINITIVE LIST OF WINNING WINES DBS INSI GNI A V IS A INFINITE C A R D IS THE O FFI CI A L C A R D A N D C ATEGO R Y SP O180 words
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Advertisement255 2016-12-17 23 TOP SIX AWARDS DBS INSIGNIA V ISA INFI NITE RE D W I N E O F TH E YEAR R U D O LF F U R S T C E N T G R A F E N B E R G P I N O T N255 words
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Advertisement2581 2016-12-17 24 FOR MORE INFORMATION ON PURCHASING THE WINNING WINES BORDEA U X BLE N DS V I S I T T H E P E A K M A G A Z I N E C O M S G G W I N E S 2 0 16 Chateau Du2,581 words
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Advertisement49 2016-12-17 35 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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Advertisement168 2016-12-17 36 i utXsh Vi m ■< MJwH f i fj m I <• > •;> 4 ■Mar- **v\ K 3» 1/ #i 'V* Vi 3 BREATHE RULE DU MUST FIRST MA j T ■I V PS V I 3C51 K* 1 < S 5 r?+ THEM. THE VALLEE DE JOUX. FOR168 words
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Title Section22 2016-12-17 1 THE BUSINESS TIMES 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 17-18, 201622 words
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Advertisement197 2016-12-17 1 THE RAFFLES CONVERSATION PATRICIA SCOTLAND, COMMONWEALTH SECRETARY-GENERAL 14-15 CUBICLE FILES ’Tis the season to take a break 35 OFFBEAT Keep the trolls on Facebook 36 U P F RO N T INTO THE WILD INSIDE VIEW The stage is set for a new era in US-China tensions And so, with197 words
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PERSPECTIVE
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Article, Illustration907 2016-12-17 2 Vikram Khanna - INSIDE VIEW by Vikram Khanna 1What do you think was the most remarkable thing that happened this week? For potential impact, especially on our region, but also globally, nothing matches President-elect Donald Trump’s provocation of China on the issue of the “One China907 words
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Article224 2016-12-17 2 Total employment in Singapore tumbled by 2,700 in July-September, after slower growth in the past two quarters, according to the Ministry of Manpower's latest Labour Market Report. It was the first drop since the first quarter of 2015. Tues, Dec 13 Singapore and Malaysia agreed to224 words
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Article42 2016-12-17 2 The Hong Kong Monetary Authority’s announcement of the composite interest rate at the end of November Mon, Dec 19 The Bank of Japan’s statement on monetary policy Tues, Dec 20 Singapore’s consumer price index for November Fri, Dec 2342 words
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Advertisement298 2016-12-17 3 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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UPFRONT
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865 2016-12-17 4 Lynette Khoo - Observers say lack of commercial sites also offers reprieve to office-retail supply By Lynette Khoo lynkhoo@sph.com.sg @LynetteKhooBT Singapore THE government has marginally raised residential supply under the confirmed list of its Government Land Sales (GLS) programme in what is865 words
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647 2016-12-17 6 Chuang Peck Ming - Sharp jump contrasts with expections of a fall; while full-year figures still show decline, analysts say this bodes well for 2017 By Chuang Peck Ming peckming@sph.com.sg @PeckmingBT Singapore NON-OIL domestic exports surprised the market with not just a recovery, but a sharp647 words
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557 2016-12-17 7 Lee U-Wen - Noting “close bilateral relationship”, SBF head calls Philippines an important overseas destination for S’pore businesses By Lee U-Wen leeuwen@sph.com.sg @LeeUwenBT Singapore THE Philippines is both one of Asia’s fastest growing economies and a newly industrialised country, and there is “great potential” for Singapore557 words
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374 2016-12-17 7 Nisha Ramchandani - By Nisha Ramchandani nishar@sph.com.sg @Nisha_BT Singapore CONSTRUCTION of Changi Airport’s Terminal 4 (T4) has been completed, with the new passenger terminal building having received its temporary occupancy permit (TOP) this month. This paves the way for the next374 words
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617 2016-12-17 8 Kenneth Lim - Challenging economic conditions more likely to affect policy decisions than currency volatility by Kenneth Lim kenlim@sph.com.sg @KennethLimBT Singapore THE Singapore dollar’s slide against the US dollar is unlikely to prompt any adjustment by the country’s central bank because most other currencies617 words
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Article, Illustration800 2016-12-17 9 Anita Gabriel - She made an error of judgement and a mistake while doing her job: defence lawyer by Anita Gabriel anitag@sph.com.sg @AnitaGabrielBT Singapore FORMER BSI senior private banker Yvonne Seah Yew Foong was sentenced to two weeks’ jail and fined S$ 10,000Source: Court documents - 800 words
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453 2016-12-17 10 Neil Behrmann - by Neil Behrmann btworld@sph.com.sg London BREXIT Secretary David Davis has disclosed the first clear direction on how the UK would conduct exit negotiations with the other 27 European Union (EU) states with emphasis on the referendum vote demanding control of migration. The453 words
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Advertisement366 2016-12-17 4 CONGRATULATIONS TO OUR SINGAPORE ENTERPRISE AWARDS 2016 WINNER /7> -nfinS SINGAPORE ENTERPRISE AWARDS 2016 CoSeClinic Services Pte Ltd www.coseclinic.com ■W’ COSECLINIC GROUP OF COMPANIES Your One-Stop Business Solutions Mr. Lim Chong Huat, CEO It is important to make sure that a new company can build to last. Many entrepreneurs are366 words
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Advertisement70 2016-12-17 5 Near in Escape st. Everything. It’s the answer to everything you love about convenience in a location that lets you escape from it all. N A s's I M 18 Nassim Hill For exclusive viewing, please call +65 9199 2377 +65 9690 5135 Gwen Lim (CEA No.R*****2B) Jason Tan (CEA70 words
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Advertisement97 2016-12-17 6 Relax. Your weekend is here. THE BUSINESS TIMES f 'V.4 5SSS of Fams Mm* mm Now you can enjoy THE BUSINESS TIMES Weekend edition every Saturday at your doorstep. Subscribe now at btsub.sg/weekend or call 6388 3838. Terms Conditions: Subscription Eligibility New subscribers: Subscribers who do not have a Business97 words
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Advertisement428 2016-12-17 7 CONGRATULATIONS TO OUR SINGAPORE PROMINENT BRANDS 2015/2016 WINNER )enaa/>ore TM>TA\ T T X T I71\.T^P a i w > > i o/Yuzas 2015 20l6 C3QQQQ ALLIANCES PTE LTD Your Safety Is Our Priority We are committed to deliver positive experiences Mr. Kenny Liu ZhenQi, Managing Director Beginning as a sole428 words
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Advertisement39 2016-12-17 8 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 subtitles39 words
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Advertisement242 2016-12-17 9 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 •t FiiO RHA Shure KEF Burson Westone Grado Turntable Specials for242 words
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Advertisement194 2016-12-17 10 St* news with benefits IN ASSOCIATION WITH wine our best picks <UA WINE ADVOCATE Jfj T W j- %'ii i m rr~ < > 'A, Fine wines at your doorstep Subscribe to ST's new wine club and get up to four bottles of premium wine delivered to your home every194 words
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Advertisement88 2016-12-17 10 NOTICES Notice of Appointment of a Liquidator under Section 204 of the BVI Business Companies Act. GLOBAL UNITED CONSULTING LTD. (In Voluntary Liquidation) Company No. *****16 NOTICE is hereby given pursuant to Section 204, subsection 1 (b) of the BVI Business Companies Act, 2004 that the Company is in voluntary88 words
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BRUNCH
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Article, Illustration1647 2016-12-17 11 JUDITH TAN - LOVE THE IDEA OF CAMPING BUT HATE ROUGHING IT OUT IN THE MIDDLE OF NOWHERE? WITH GLAMPING, CAMPING NO LONGER MEANS LEAKY TENTS, HARD AND WET GROUND OR BUSH TOILETS. BY JUDITH TAN juditht@sph.com.sg When you go glamping, there is absolutely no hassle of pitching tents, unrollingPHOTOS: OLARE MARA KEMPINSKI, MANVAR CAMP, JUDITH TAN, CHANG AI-LIEN - 1,647 words
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THE RAFFLES CONVERSATION
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Article, Illustration2047 2016-12-17 14 / 15 VIVIEN SHIAO - BARONESS PATRICIA SCOTLAND IS DETERMINED TO REINFORCE THE RELEVANCE OF THE COMMONWEALTH. BY VIVIEN SHIAO BY VIVIEN SHIAO vshiao@sph.com.sg @VivienShiaoBT MENTION ‘Commonwealth’ and chances are, the most immediate links Singaporeans would make will be to the Games every four years, or recognise it simply2,047 words
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INVESTING & WEALTH
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COMPANIES
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Article, Illustration399 2016-12-17 16 Soon Weilun - Temple Bar Hotel has 136 units and is located in Dublin’s city centre by Soon Weilun soonwl@sph.com.sg @SoonWeilunBT Singapore CAPITALAND has acquired the 136-unit Temple Bar Hotel in Ireland for 31.3 million euros (S$47 million). The hotel in the Temple BarPHOTO: THE ASCOTT - 399 words
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406 2016-12-17 16 BLOOMBERG Shanghai SHARES of China’s largest dairy farm operator, Hong Kong-listed China Huishan Dairy Holdings Co, were suspended on Friday after shortseller Carson Block’s Muddy Waters Capital LLC said the company is “worth close to zero” and questioned its profitability inBLOOMBERG - 406 words
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572 2016-12-17 16 Jacquelyn Cheok - by Jacquelyn Cheok jaccheok@sph.com.sg @JacCheokBT Singapore COME 2017, Uber riders and drivers can look forward to new services, innovative product enhancements by the ride-hailing platform, as well as a more humanised Uber brand. Warren Tseng, general manager of Uber572 words
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406 2016-12-17 17 Cai Haoxiang - Coca-Cola Singapore Beverages is finalising negotiations with Yeo Hiap Seng JOB CUTS By Cai Haoxiang haoxiang@sph.com.sg @HaoxiangCaiBT Singapore AS IT winds down operations at its Tuas bottling plant, Coca-Cola Singapore Beverages (CCSB), the bottling partner of Coca-Cola, will be outsourcing its warehousing operations to406 words
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471 2016-12-17 17 REUTERS Hong Kong UBS Group AG is cutting nearly two dozen jobs in its Asian investment banking business, mainly in Hong Kong and Singapore, as part of a push to slash costs, people with direct knowledge of theREUTERS - 471 words
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261 2016-12-17 17 Soon Weilun - By Soon Weilun soonwl@sph.com.sg @SoonWeilunBT Singapore AUSTRALIA-based construction firm Civmec Limited is planning to invest A$80 million (S$85 million) to construct a shipbuilding facility near Perth, Australia. The new facility will be situ- ated on about seven hectares of land adjoining261 words
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CORPORATE DIGEST
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Article105 2016-12-17 17 CATALIST-LISTED Elektromotive Group got the green light from shareholders at an extraordinary general meeting on Friday to change its business and its name. Shareholders present and voting approved the sale of its 5 5 per cent stake in its electric vehicle charging business, according to its Singapore Exchange105 words
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Article144 2016-12-17 17 THE chief executive officer and executive director of interior design contractor Serrano Ltd has been declared bankrupt by the court. Catalist-listed Serrano said on Friday morning that the court had a bankruptcy order made against Chia Wing Keong after a hearing on Thursday. The proceedings were initiated by Bank144 words
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Article, Illustration503 2016-12-17 18 Nisha Ramchandani - New set-up consolidates three main businesses in one location by Nisha Ramchandani nishar@sph.com.sg @Nisha_BT Singapore THE Air France-KLM group has opened its new regional office in Singapore at Alexandra Road to consolidate its three main businesses under one roof and to servePHOTO: AIR FRANCE-KLM - 503 words
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622 2016-12-17 18 BLOOMBERG New York GILEAD Sciences Inc the biopharmaceutical giant with a market capitalisation of US$100 billion, which Singapore’s Temasek Holdings owns 1.05 per cent of, was told by a US federal jury to pay US$2.54 billion to Merck Co for using aBLOOMBERG - 622 words
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Article186 2016-12-17 18 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 5 6 2 0 1 0 5 7 2 Manufacturing 40 30 34 10 7 10 50 37 44 Commerce 13 17 13 5 3 5 18 20 18 Tpt/Stor/Comms 10 6 8186 words
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Article130 2016-12-17 18 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 15,523 402 15,925 59,543 62 59,605 Manufacturing 175,904 86,092 261,996 182,344 3,496 185,840 Commerce 189,176 22,233 211,409 116,685 410 117,094 Tpt/Stor/Comms 105,098 105,098 176,335 176,335 Finance 20,045 532 20,577 242,475 81 242,556 Construction 6,960 4,067130 words
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549 2016-12-17 19 R Sivanithy - STOCKS by R Sivanithy THE US Federal Open Markets Committee (FOMC) meeting this week was meant to be a non-event as markets had for several weeks already been expecting an interest rate hike. As it turned out, the Fed lived up to expectations with549 words
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Article795 2016-12-17 19 Substantial shareholder/director transactions For week beginning Dec 12 Substantial Buy No of Price ———SHAREHOLDING Trans Shareholder/ Sell Shares Per Before After Stock Date Director Conv '000 Shr ('000) ('000) Fragrance Grp Ltd 14-Dec-16 Koh Wee Meng Buy 400 0.16 *****50 74.57 *****50 74.58 Fragrance Grp Ltd795 words
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BROKERS’ TAKE
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Article181 2016-12-17 19 Genting Singapore > Sell OCBC Investment Research, Dec 16 Target price: S$0.75 Dec 16 close: S$0.945 JAPAN finally legalised casinos on Thursday. We expect that licences will only be awarded late 2018 or 2019 at the earliest. Japan has singled out Singapore as a role model with its integrated resort181 words
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Article238 2016-12-17 19 Melissa Tan - Singapore property > Neutral Compiled by Melissa Tan Maybank Kim Eng, Dec 14 RECENT Chinese, Malaysian and Indonesian measures to stem capital flights from their respective countries suggest that the free flow of capital across borders should not be taken for granted. We estimate that over 40 per cent of238 words
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799 2016-12-17 20 Genevieve Cua - Over the long term, it is less volatile than US equities despite similar risk premium and higher carry. by Genevieve Cua gen@sph.com.sg @GencuaBT EMERGING markets present a “lukewarm” macroeconomic picture, but the region’s debt remains an attractive investment proposition, says JC Sambor,799 words
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681 2016-12-17 20 BLOOMBERG London SUDDEN jolts in the currency market may be becoming more frequent, with at least three flash crashes over the course of 14 months. But there is some hope in finding out their causes more quickly. Citigroup Inc is investingBLOOMBERG - 681 words
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Article, Illustration1058 2016-12-17 21 Investing based on ESG factors has taken off in recent years, driven by big pension funds and money managers trying new ways to evaluate potential investments. NYTIMES PFIZER stock was riding high in June 2015, up 128 per cent in five years,NYTIMES; PHOTO: NYTIMES - 1,058 words
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Indices
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Article143 2016-12-17 22 PRICE MARKET 5-DAY% Est P/E P/B YEAR-TO-DATE US S&P 500 2,262.03 0.71 19.0 2.91 10.7 India NIFTY 8,149.40 -1.36 18.3 2.61 2.6 Philippines PCOMP 6,850.71 -2.73 17.4 2.23 -1.5 Indonesia JCI 5,231.65 -1.36 17.3 2.37 13.9 UK FTSE 100 6,996.38 0.61 16.7 1.83 12.1 Malaysia KLCI 1,637143 words
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Commodities
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Article, Illustration28 2016-12-17 22 NAME PRICE/UNIT 3-MONTH% Gold US$1,133.85/oz -13.6 Silver US$16.107/oz -14.8 Copper US$5,732/MT 19 .9 Soybeans US$1,029.0/bu 7.7 Palm Oil MYR3,172/MT 24.0 Coffee US$142.75/lb -5.9 Sugar US$18.47/lb -17.828 words
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Currencies
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Article94 2016-12-17 22 CURRENCY PRICE 5-DAY 5-DAY 1-MONTH 1-MONTH YEAR-TO-DATE Singapore dollar 1.4435 -1.38 -1.79 -2.11 China RMB 6.9599 -0.81 -1.20 -6.79 Offshore RMB 6.9540 -0.32 -1.00 -5.52 Indian rupee 67.8285 -0.55 0.03 -2.46 Indonesian rupiah 13,406 -0.89 -0.06 3.31 Japanese yen 118.19 -3.03 -7.23 1.85 Korean won 1,185.9194 words
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Article, Illustration12 2016-12-17 22 Compiled from Bloomberg at 5.30pm on Dec 16Compiled from Bloomberg at 5.30pm on Dec 16 - 12 words
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STI
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398 2016-12-17 23 NAME PRICE WEEKLY PRICE CHANGE SATS Ltd LOW HIGH YTD TOTAL RETURNS P/E P/B DIVIDEND 12-MONTH YIELD MARKET CAP ($M) 52 WEEK PRICE RANGE SATS Ltd 4.97 3.76 5.11 34.1 23.1 3.63 3.2 5,536.9 Wilmar International Ltd 3.7 2.64 3.71 28.9 21.7 1.13 2.2 23,370.3398 words
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Reits and rates
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186 2016-12-17 23 NAME LAST PRICE (S$) P/B DIVIDEND 12-MONTH YIELD Viva Industrial Trust 0.76 9.7 0.95 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 0.38 9 .2 0.96 Cache Logistics Trust 0.82 9 1 0.98 IREIT186 words
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53 2016-12-17 23 MARKET 3-MONTH CHANGE POINTS) MARKET 3-MONTH CHANGE POINTS) Malaysia 4.35 0.728 New Zealand 3.408 0.852 Philippines 4.655 1.045 South Korea 2.166 0.603 Taiwan 1.185 0.431 Thailand 2.850 0.62 Singapore 2.510 0.656 Australia 2.831 0.724 Hong Kong 1.798 NA Indonesia 7.930 0.941 India 6.510 -0.35953 words
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Article, Illustration12 2016-12-17 23 Compiled from Bloomberg at 5.30pm on Dec 16Compiled from Bloomberg at 5.30pm on Dec 16 - 12 words
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REAL ESTATE
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Article, Illustration567 2016-12-17 24 Developers facing tough times in Big Apple, but projected fall in land prices offers silver lining NYTIMES New York THINGS are getting choppy in New York’s once-rocketing residential real estate market. Last week, the developers of what was planned as the city’s tallestNYTIMES; PHOTO: BLOOMBERG - 567 words
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Article, Illustration552 2016-12-17 24 BLOOMBERG Vancouver HOME prices are so expensive in Canada’s priciest property market that the government is stepping in with loans to help first-time buyers rustle together a down payment. The province of British Columbia will start a programme on JanBLOOMBERG; PHOTO: BLOOMBERG - 552 words
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Article, Illustration882 2016-12-17 25 In return, developer gets nod for vast 5-tower residential complex with retail and maybe hotel NYTIMES New York IT’S a twofer. After years of negotiations and bickering, the New York City Council on Thursday approved plans to allow a developerNYTIMES; PHOTO: NYTIMES - 882 words
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Article1418 2016-12-17 26 Property transactions for selected districts with contract dates between Dec 1 and Dec 6, 2016 PROJECT NAME/ PROP CONTRACT TENURE BUILT-IN TRANSACTED PSF TOX* RENTAL STREET NAME TYPE DATE /LAND PRICE (S$) YIELD** AREA (S$,000) (SQF) District 5 PARC RIVIERA Condo 03/12/2016 99 603 729 1,209 5.19 PARC RIVIERA1,418 words
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294 2016-12-17 27 PROJECT NAME/ PROPERTY LOWEST MEDIAN HIGHEST NO. OF STREET NAME TYPE PRICE (S$) 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 3,750 5,600 20 District 3294 words
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Article93 2016-12-17 27 RANKING NAME TOTAL SEARCHES IN PAST MEDIAN PRICE PSF TWO WEEKS (S$) 1 WATERBANK AT DAKOTA 320 1,422 2 THE BOUTIQ 320 1,352 3 COSTA RHU 296 1,118 4 WOODGROVE Condo 215 616 5 OPTIMA TANAH MERAH 213 1,114 6 FLAMINGO VALLEY 210 1,168 7 THE93 words
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Article161 2016-12-17 27 DATE FLOATING RATES, PEGGED TO: FIXED RATES WEEK OF DEC 12 SIBOR SOR COMBO BANK’S BOARD RATE Lowest rate 1.17% 1.36% 1.47% 1.00% 1.80% this week Change from 0.00% -0.01% 0.00% 0.00% 0.00% last week Monthly payment* $1,154.31 $1,180.76 $1,195.60 $1,130.62 $1,242.56 Change from $0.28 -$0.18161 words
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Article, Illustration319 2016-12-17 27 But rates are expected to rise again next year REUTERS London LONDON rents, which are among the highest in the world, have fallen this year for the first time since 2010 as landlords rushed into the rental market before a taxREUTERS - 319 words
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IN GRAPHIC DETAIL
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Article, Illustration396 2016-12-17 28 Rogue One: A Star Wars Story, a standalone episode of the Star Wars universe, is now showing in theatres. It tells the tale of a group of misfits who banded together to steal the blueprint of a colossal superweapon. The Business Times checks out the biggest badassSource: DK Star Wars Incredible Cross-Sections, screenrant.com, ebates.com & wookieepedia BT Graphics: HO YAN HAO, TEOH Yl CHIE, SARAH CHUA & SIMON ANG - 396 words
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Page 18 Advertisements
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Advertisement20 2016-12-17 18 Hire pest control specialists or publicise your services in CLASS 116 To advertise, call the Print Classified Hotline: 1800-289 998820 words
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Page 25 Advertisements
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Advertisement49 2016-12-17 25 HOT PROPERTY 7JLN JITONG SEMID Open Hse Brand New/Wide Front Lift FH 3446/6200sf 5+1 ensuite BRAND NEW SEMI-D Jln jarak 2.5sty 3490/ 5900 sf, 7+1 pool Lift. Park 2cars. Face NS Easy access. LANDED PROPERTIES FOR SALE Check out these properties and more in The Straits Times Classified now!49 words
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THE BROAD VIEW
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Article, Illustration884 2016-12-17 30 Chantal Sajan - Has our fastest-fingers-first approach to shopping online caused footfalls to fade in Singapore’s brick-and-mortar stores? SATURDAY SOAPBOX by Chantal Sajan chantal@sph.com.sg ONLINE shopping has been such a boon for me especially during Christmas when I can zip through my list of gifts and rack up substantial savingsFILE PHOTOS - 884 words
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Article, Illustration898 2016-12-17 31 Jonathan Taplin - While Washington frets over an AT&T-Time Warner merger, Silicon Valley giants have taken over the media business. COMMENTARY by Jonathan Taplin NYTIMES THE proposed merger of AT&T and Time Warner has drawn censure from both sides of the political aisle, asNYTIMES; PHOTOS: NYTIMES, REUTERS - 898 words
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Page 31 Miscellaneous
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Miscellaneous29 2016-12-17 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 2016-12-17 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 2016-12-17 31 DEPUTY CHIEF EXECUTIVE OFFICER SPH ANTHONY TAN GROUP CHIEF MARKETING OFFICER ELSIE CHUA13 words
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Miscellaneous12 2016-12-17 31 EDITOR WONG WEI KONG ASSOCIATE EDITOR VIKRAM KHANNA NIGHT EDITOR EDMUND LOH12 words
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Miscellaneous29 2016-12-17 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 2016-12-17 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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SPORTS
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Article, Illustration1152 2016-12-17 32 Lee U–Wen - From Schooling’s Olympic gold medal to Leicester’s EPL triumph 2016 was certainly a year to savour THE FINISH LINE by Lee U–Wen leeuwen@sph.com.sg @LeeUwenBT THERE’S just a fortnight left before we bid 2016 a fond farewell, and sports fans will look back on an action-packedFILE PHOTO - 1,152 words
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HEALTH
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Article, Illustration1471 2016-12-17 33 It could be a life-threatening situation if they’re accompanied by other symptoms such as loss of appetite, fever or joint pains I RECEIVED a call in the middle of the night to attend to Master S. He was a 10 year old boyPHOTO: FILE - 1,471 words
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LIFE & CULTURE
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Article, Illustration943 2016-12-17 34 While the popularity of hypnosis to tackle wellness issues can be attributed to celebrities, most people turn to it as a last resort NYTIMES YOU are getting sleepy... you are getting in touch with your subconscious... you are going to skip the dessert table atNYTIMES; ILLUSTRATION: NYTIMES - 943 words
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Article, Illustration1311 2016-12-17 35 Vivien Shiao - Times are tough, but the best way to continue doing great work is to take time out to refresh and recharge CUBICLE FILES By Vivien Shiao vshiao@sph.com.sg @VivienShiaoBT IN every company, there will always be those few who seem to keep accumulating theirILLUSTRATION: KENNETH LIM - 1,311 words
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Article, Illustration685 2016-12-17 36 Kelly Tay - OFFBEAT by Kelly Tay kellytay@sph.com.sg @KellyTayBT EVERY election year, I witness an unfriending frenzy unfold on my Facebook feed. In 2016, it was mostly my American friends who were on a purging rampage “If you’re dumb enough to vote for Trump, you’re really not worthILLUSTRATION: YU KEXIN - 685 words
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Page 36 Miscellaneous
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Miscellaneous341 2016-12-17 36 CRYPTIC CROSSWORD Across 1 Those wanting worn-out horse to move getting tools? (12) 9 Checking a complete treatment (5-4) 10 A maiden given massage back in the old country (5) 11 One given 12 by a letter? (6) 12 Come down with an agreement (8) 13 Swell girl keeping one341 words
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