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Myanmar' s President Thein Sein says will not run for second term

Myanmar President Thein Sein has decided not to run in a parliamentary election scheduled for Nov 8, a senior official from his office said on Monday, citing health concerns.

YANGON: Myanmar President Thein Sein has decided not to run in a parliamentary election scheduled for Nov 8, a senior official from his office said on Monday, citing health concerns.

&ldquo The president wrote a letter to U Shwe Mann, chairman of the ruling USDP Party, that he will not run in the next general election because of his health condition,&rdquo the official told Reuters, asking not to be named.

The former military commander was elected to parliament in 2010. From there, an electoral college nominated him as one of the country' s three vice presidents and, subsequently, president.

Shwe Mann, head of Myanmar' s ruling political party, the Union Solidarity and Development Party (USDP), held a one-on-one meeting with opposition leader Aung San Suu Kyi after receiving Thein Sein&rsquo s letter on Monday afternoon, sources close to the parties said, without giving details of what they discussed.

Suu Kyi said on Saturday her National League for Democracy party would participate in the election, ending months of uncertainty. The vote is being billed as Myanmar' s first legitimate election in 25 years.

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Investors getting more cautious......especially after recent China stocks plunged.....

also Greece drama......

mooiguy ( Date: 14-Jul-2015 16:46) Posted:

I am just wondering these news hasn' t pushed up the price. The local stock market is really under ' control' . :)

lyn_lyn ( Date: 14-Jul-2015 16:07) Posted:

CapitaLand kept at &lsquo buy&rsquo with price target of $4.11 by DBS

SINGAPORE (July 14): CapitaLand (

Financial Dashboard) (CAPL) aims to launch five to six private equity funds with assets under management (AUM) of $8 billion to $10 billion by 2020.

Leveraging its established fund management competencies, CAPL will work with capital partners who are looking to deploy capital in the region.

In a research note released on July 14, DBS Group Research observes that CAPL is in a position of strength to deliver, given its entrenched real estate management platform totalling $43.5 billion AUM across 16 non-listed real estate funds and five REITs.

&ldquo By tapping on third party capital, CAPL would be able to leverage larger economies of scale, better capitalise on market opportunities and at the same time, de-risk its property level exposure,&rdquo it says.

It adds that CAPL may potentially seed some of the new funds with existing development projects on its balance sheet.

&ldquo Looking forward, we believe this platform will be able to drive medium-term shareholder returns towards its medium-term target return on equity of 8% to 12%.&rdquo

Meanwhile, Ascott Limited announced a 50:50 US$600 million joint venture fund with Qatar Investment Authority (QIA).

The fund has a 10-year mandate to invest in value-added opportunities in serviced residences globally but with an initial focus in Asia Pacific and Europe.

Under terms of the partnership, the JV will have exclusive rights over deals available to Ascott.

The serviced residence owner-operator will also have first right to manage properties acquired by the fund and Ascott Residence Trust (ART) would be granted right-of-first-refusal over these properties upon exit.

Total AUM for this fund is estimated to be US$1.2 billion to US$1.5 billion, assuming 50% to 70% leverage.

DBS Group Research notes that the stock trades at an attractive 0.8 times price to book value.

&ldquo We see the gap closing on the back of the group reporting strong results due to locked-in sales across its development projects in Singapore and China and potential gains when divesting stabilised assets into its listed REITs and funds,&rdquo it says.

The research house has a &ldquo buy&rdquo call on the stock with a price target of $4.11.

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REDAS warns of record-high vacancies in private home market

14 Jul 2015 13:56

SINGAPORE: The Republic' s real estate developers association (REDAS) has warned of record-high vacancies in the private residential property market, as supply continues to build while tighter mortgage curbs cools demand.

In his welcome speech at a property seminar organised by the association on Tuesday (Jul 14), REDAS' president Augustine Tan cited analysts' estimates that more than 89,000 new private homes will be completed from 2015 to 2019, and that the number excludes supply from the government land sites sold in the first half of the year.

" This looming supply is likely to bring home vacancy rate to a new record high, causing further slip in home rentals and downward spiralling of property prices," Mr Tan said.

Singapore' s private home prices have fallen for a sixth consecutive quarter, according to official figures. The next set of quarterly numbers will be released later this month, but flash estimates are already predicting a seventh straight quarter of decline. Developers are also selling fewer units &ndash down from 14,948 units in 2013 to just 7,316 units last year.

On the corporate front, Mr Tan said that given the uncertain macroeconomic environment in Europe, tight labour market and modest GDP growth in Singapore, companies&rsquo earnings are expected to soften in the near term.

&ldquo According to latest figures by property consultants, the proportion of new office leases in Singapore dropped by half as companies cut costs,&rdquo he said.

" Amid this, many hope that the Government' s macro-prudential policies to rein in asset price inflation will be calibrated over time."

The Far East Organisation&rsquo s property sales executive director also called on the industry to " retune and reconfigure" its businesses as the real estate market enters a " different period" .

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CapitaLand kept at &lsquo buy&rsquo with price target of $4.11 by DBS

SINGAPORE (July 14): CapitaLand (

Financial Dashboard) (CAPL) aims to launch five to six private equity funds with assets under management (AUM) of $8 billion to $10 billion by 2020.

Leveraging its established fund management competencies, CAPL will work with capital partners who are looking to deploy capital in the region.

In a research note released on July 14, DBS Group Research observes that CAPL is in a position of strength to deliver, given its entrenched real estate management platform totalling $43.5 billion AUM across 16 non-listed real estate funds and five REITs.

&ldquo By tapping on third party capital, CAPL would be able to leverage larger economies of scale, better capitalise on market opportunities and at the same time, de-risk its property level exposure,&rdquo it says.

It adds that CAPL may potentially seed some of the new funds with existing development projects on its balance sheet.

&ldquo Looking forward, we believe this platform will be able to drive medium-term shareholder returns towards its medium-term target return on equity of 8% to 12%.&rdquo

Meanwhile, Ascott Limited announced a 50:50 US$600 million joint venture fund with Qatar Investment Authority (QIA).

The fund has a 10-year mandate to invest in value-added opportunities in serviced residences globally but with an initial focus in Asia Pacific and Europe.

Under terms of the partnership, the JV will have exclusive rights over deals available to Ascott.

The serviced residence owner-operator will also have first right to manage properties acquired by the fund and Ascott Residence Trust (ART) would be granted right-of-first-refusal over these properties upon exit.

Total AUM for this fund is estimated to be US$1.2 billion to US$1.5 billion, assuming 50% to 70% leverage.

DBS Group Research notes that the stock trades at an attractive 0.8 times price to book value.

&ldquo We see the gap closing on the back of the group reporting strong results due to locked-in sales across its development projects in Singapore and China and potential gains when divesting stabilised assets into its listed REITs and funds,&rdquo it says.

The research house has a &ldquo buy&rdquo call on the stock with a price target of $4.11.

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the Cool_shi shi_water........the poor broker face and now another one......Njoy444444......LOL

people from SI.............

lyn_lyn ( Date: 14-Jul-2015 08:26) Posted:

發洩的機會 .....緊握拳頭 .....我的氣還沒消 !!!.....

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發洩的機會 .....緊握拳頭 .....我的氣還沒消 !!!.....

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早 ~~祝你有愉快的一天 ...........(another one from SI.......junk grade......LOL)

Image result for tulip pictures

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琳琳的屁很香 ....難怪你天天來 .......LOL

enjoylife77 ( Date: 14-Jul-2015 00:01) Posted:

Are you tired of the Punk fairy tales by now?

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YOMA (Z59.SI)

Industry:

TodayIR.com - Press Releases

Date: 10 Jul 2015 HKT

Dulwich College International to operate in Pun Hlaing Golf Estate

SINGAPORE, 10 July 2015 &ndash Yoma Strategic Holdings Ltd. (&ldquo Yoma Strategic&rdquo , together with its subsidiaries, the &ldquo Group&rdquo ) and Education Index Management (&ldquo EIM&rdquo ) are pleased to announce that the Group has agreed to handover the academic and operational management of Pun Hlaing Internat ional School (&ldquo PHIS&rdquo ) including the Early Years Centre to Education Index Management (the owner of the Dulwich College International schools) with effect from 1 August 2015. Going forward, both international schools across Pun Hlaing and Star City will be overseen for academic and operational management by Dulwich College International with Dulwich College in London supporting as an educational adviser.

Mr Melvyn Pun, CEO Designate of Yoma Strategic said &ldquo We are delighted to expand our collaboration with EIM to have the opportunity to offer a high quality educational facility to the students at Pun Hlaing International School. We are confident that this will further cement Pun Hlaing Golf Estate&rsquo s status as a premier residential community in Yangon.&rdquo

Mr Christian Guertler, CEO of EIM added &ldquo We are committed to safeguarding the education of enrolled students and prospective students at PHIS. Good schools are the essential, soft infrastructure that help attract international companies and their executives to rapidly growing and new economies such as Myanmar&rsquo s. We are delighted to play our part in providing this with PHIS and our strategic partnership with Yoma Strategic Holdings.&rdquo

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The following chart illustrates the affiliate structure and the business areas of SPA, FMI and YSH.........

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that' s the target........from the beginnning......said Mr Pun......

lyn_lyn ( Date: 13-Jul-2015 10:58) Posted:

Thailand and Indonesia have more than 500 KFC stores.......

lglg666 ( Date: 06-Jul-2015 09:45) Posted:

True....with all these opportunities, the company earning should also improve so is its future outlook. Will be in my watch list from now on

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Thailand and Indonesia have more than 500 KFC stores.......

lglg666 ( Date: 06-Jul-2015 09:45) Posted:

True....with all these opportunities, the company earning should also improve so is its future outlook. Will be in my watch list from now on.

lyn_lyn ( Date: 05-Jul-2015 17:18) Posted:

lyn lyn is a long term inventors for Yoma.....collected since April 2015 some at 0.50.....0.425.....0.43.....added along the way......

chart wise......it tested 0.445.....immediate support at 0.42......

recent Greece drama and China stocks plunged have kept many people very cautious.......

lyn lyn view it has great potential growth as China & Japan also showing great interest in the development of Myanmar......

Yoma main biz diversified into four areas.......High upside potential & low side limited.....

1. real estate

2. automotive and

3. tourism.

4. F& B (latest in fast food & beer)

Oct 13 Yum Brands Inc is partnering with Singapore-listed Yoma Strategic Holdings Ltd to debut a KFC restaurant in Myanmar in 2015, making it one of the first big Western fast-food chains to enter the newly emerging market.

" With 50 million people and a growing middle class with disposable income, the country offers significant consumer opportunity for Yoma Strategic to grow KFC over the long term," Yoma said in a statement.

Yoma, a Myanmar-focused diversified real estate company, said the KFC franchise would initially focus on Yangon, the country' s largest city.

" The development plans call for initial market entry in Yangon and expansion to second/third-tier cities within the country is always a possibility," JR Ching, head of business development at Yoma Strategic, told Reuters in an email.

The company said it was in the process of finalising its business plans and could not give further details.

Yoma, chaired by tycoon Serge Pun, is trying to expand beyond real estate by partnering with international companies trying to enter the Myanmar market.

It has a stake in Asia Beverages Co, which distributes bottled water and alcohol in the country, and also has interests in the retail industry.

With the latest development on F& B......this will strenghten the earnings.....

The two big world economy - Japan & China paying so much attentions to Myanmar.......and Singapore has set up two major banks there, too......

Below are some good developments in Myanmar .....

1. Chinese President Xi Jinping (R) meets Myanmar' s pro-democracy leader Aung San Suu Kyi at the Great Hall of the People in Beijing on Jun 11, 2015.

2. Jul. 4, 2015, 3:36 AM......Japan pledges $6.1 bln aid to ' Mekong Five' in bid for influence....

3. Mr Teo' s visit comes at a time when Myanmar is experiencing what he described as " a period of political, economic and social transformation"

4. 2 July - OCBC officially opens Yangon branch by inking MOUs with 10 Myanmar banks

5. 2 July - UOB signs two loans deals at opening of new Yangon branch

General elections in Myanmar are expected to take place sometime between October and November this year, after three months of what is likely to be fierce political campaigning.

just me
lyn

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Serge Pun' s interview......

Yoma Strategic.....Today, he is widely known as the go-to guy for foreign companies seeking partners in Myanmar.......

The 62-year old Pun' s Yoma Strategic Holdings is a Singapore-listed company with market capitalization of more than $550 million. He also chairs Serge Pun & Associates and First Myanmar Investments. His business empire spans eight key sectors including property, banking and aviation.

A Myanmar-born ethnic Chinese, Pun spent most of his younger years in China and Hong Kong before returning to his home country in the 1990s.

That said, resilience and persistence are essential when operating in a frontier market like Myanmar.

" You have to have a lot of resilience and a lot of patience, determination. Without that, you lose heart quite easily because some of the difficulties that you encounter are things that you will not expect in a more developed country or environment," said Pun.

Yoma Strategic recently teamed up with Yum Brands to bring a KFC franchise to Myanmar, with the first store set to open in downtown Yangon this month.

Whether growing organically or through partnerships, the key to managing a successful enterprise, says Pun, is to select businesses with the biggest potential, and make them scalable.

" If we just embark on a business, we want to be able to grow that business to be substantial part of our company, in its own right. Take KFC for instance, we are starting, of course, with one outlet, but we' re already looking at when the 250th shop will open, when the 500th shop will open.

Which, by the way, are not big figures because Thailand and Indonesia have more than 500 KFC stores," Pun says.

The government in Myanmar gets high marks for supporting economic liberalization but needs better planning to go the distance, one of the country' s most successful entrepreneurs told CNBC.

" We have a government that is very pro-business. Where they might be lacking a bit is the ability to map out a high-level strategy, and do things step-by-step towards a goal," says Serge Pun, who owns a sprawling conglomerate of more than 40 companies.

" Success in most economies don' t come ad-hoc. It requires master planning to plot out what a country would do in five, 10, 15 years."

Speaking to Martin Soong in a CNBC Entrepreneur Asia: Power Players interview, Pun said it was a bit idealistic to expect Myanmar to become a completely free-market system &ndash especially when it had just emerged from economic isolation.

Ketkarn Sakultap

Yangon, Myanmar.

" If the government gets out of the way, you would probably have entrepreneurs succeeding and making a lot of money through individual projects. But it doesn' t mean the country is on the right path."

Success means inclusive growth, he added, and alleviating poverty and allowing wealth to trickle down require good government planning.

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GDP may rain on Singapore' s 50th birthday parade......

Despite the upbeat national mood ahead of Singapore 50th birthday celebrations next month, economic sentiment is souring in the city-state, with analysts dramatically downgrading full-year gross domestic product (GDP) forecasts.

DBS, Southeast Asia' s biggest lender by assets, now expects a 2.4 percent expansion in 2015, from 3.2 percent previously forecast. In a report last week, the bank said if Singapore' s growth came in in line with its estimate, it would be its slowest growth since the global financial crisis. IMA Asia is even more bearish, calling for 1.9 percent growth, down from a previous 2.4 percent forecast.

In comparison, the government' s forecast is for a 2-4 percent expansion this year , on top of 2.8 percent growth in 2014.

The downgrades precede Tuesday' s release of official advance GDP estimates for the April-June quarter. Consensus opinion is for a 2.7 percent annualised increase, according to a central bank survey in June, a tad better than the first quarter' s 2.6 percent expansion. But even that is too optimistic, argued Citi economist Wei Zheng Kit. He' s only expecting a 1.7 annnual boost for the second-quarter, citing broad-based weakness across the economy.

Key factors at play

Manufacturing remains Singapore' s biggest risk, warned Vishnu Varathan, senior economist at Mizuho Bank. " Recent purchasing manager' s index (PMI) surveys have remained above the key boom-or-bust 50 level, but just barely."

Tepid output is underscored by the absence of a recovery in exports due to poor global demand, he explained, and sentiment could remain dire amid fears over Greece leaving the euro zone and the mainland' s equity market massacre.

In May, non-oil domestic exports fell 0.2 percent on year, slowing from a 2.2 percent increase in April. Singapore' s economy is highly exposed to the global business cycle as a result of its vast trade and investment links, so external issues have a sizeable impact on the wealthy city-state.

Moreover, the domestic labor crunch is a key impediment to growth, particularly for the service sector, said DBS economist Irvin Seah, referring to recent foreign manpower restrictions.

" While unemployment is already below the natural rate of 2 percent, and job vacancies have been rising, Singapore' s employment shrank for the first time in nearly six years in 1Q15, driven mainly by a sharp moderation in service employment and a continued decline in manufacturing employment," he said in a Thursday report.

Meanwhile, a widening difference between the economy' s actual output and its potential output, known as the negative output gap, is also worrisome, Seah added.

" Slack in the economy has already pushed May core inflation to near zero at 0.1 percent on year [a new five-year low]. This decline in core inflation goes hand-in-hand with the widening negative output gap, both of which underscore the deceleration in growth."

Construction in focus

For IMA, the worsening outlook for construction was a key trigger to its growth downgrade. A larger than expected fall in the value of construction contracts awarded (both private and public) in recent months was worrying, explained IMA economist Kostas Panagiotou.

" We normally follow contracts awarded on a 12-month rolling basis as monthly contracts are too volatile. Private contracts have been falling a lot faster than public ones, reflecting the extent of the housing decline."

Home prices have declined for seven straight quarters, the longest losing streak in over a decade, as a result of stringent government curbs introduced in 2009 to cool frothy prices.

Private construction contracts have slumped 34 percent from mid-2011 to April this year, while public contracts are down 17 percent since August 2014, according to IMA.

The latter' s fall is particularly surprising since the government has said plans to increase infrastructure capacity, such as building an additional airport terminal, Panagiotou noted.

Chances for stimulus

Despite the bevy of poor data prints, Citi says they still remain insufficient to trigger a move from the Monetary Authority of Singapore (MAS), the country' s central bank. MAS, which employs the currency rather than interest rates to manage monetary policy, traditionally holds two reviews twice a year but jumped on the global easing bandwagon in January in a surprise move.

Citi warns that it will be keeping a close eye on the second-quarter employment report due at the of July for signs of further weakness, which could sway the central bank.

lyn_lyn ( Date: 10-Jul-2015 14:30) Posted:

Review of cooling measures : Shanmugam.......

The Singapore governments decision to tweak the property cooling measures will not be dependent on the election,

but on various factors such as

1. the state of the economy,

2. situation of the property market and wage growth

said Law and Foreign Affairs Minister K Shanmugam and reported by Channel NewsAsia.

He made the statement at a real estate convention organised by property firm RE/MAX Singapore, in response to a question on a review of the property cooling measures.

Let' s take a look at our economy.......on 09 Jul 15......

Singapore' s economy headed for slowest pace of growth in six years, says DBS GDP will contract in Q2.

Singapore&rsquo s 50th anniversary will be marred by extremely lacklustre economic growth, according to a new report by DBS.

Economist Irvin Seah warned that the republic&rsquo s economy is headed for its slowest pace of growth in 6 years,

as uncertainties in the global economy and domestic restructuring continue to weigh on growth.

Seah expects Q2 GDP to contract by 2% quarter-on-quarter, compared to an expansion of 2.1% in the first quarter.

&ldquo We have revised down our 2015 growth forecast to 2.4% from 3.2%. This will be the slowest growth since the US / global financial crisis of 2008/09,&rdquo Seah said.

" The outlook for the year remains cloudy. Interest rate expectations will swing and currencies will be volatile given the risks in the global economy and the divergence in monetary policy directions.

Domestic restructuring and the resulting labour shortage will weigh on growth. Beyond what we now expect will be the slowest growth in 6 years (2.4% in 2015), we have also cut our forecast for 2016 growth to 2.9%, from 3.5% previously,&rdquo he added .......

Resale prices of HDB flats dropped 0.4 percent in Q2 2015 after declining 1.0 percent in the previous quarter

&ndash its eighth consecutive quarter of price falls, revealed flash estimates from the housing board.

Mohamed Ismail, CEO of PropNex Realty, attributed the slide to a potent combination of the government&rsquo s measures to stabilise the public housing market, like reducing the Mortgage Servicing Ratio (MSR) cap of 30 percent and maximum loan term of 25 years for HDB mortgage loans, allowing singles to buy two-room Build-to-Order (BTO) flats in non-mature estates, and three-year wait for new PRs before they can purchase resale HDB flats.

&ldquo The potent combination of the measures has been effective at slowing down the price growth of HDB resale prices. It is also good to note that the 0.4 percent fall in Q2 is the lowest in the last eight quarters,&rdquo he said.

With the resale flat market stabilising, the BTO supply will be further reduced to 15,000 this year, stated HDB. To ensure adequate flat supply, this will be supplemented with over 9,000 balance flats which will be released under the Sale of Balance Flats (SBF) exercises.

Given the large stream of home completions from next year &mdash along with the continued enforcement of property curbs, Ismail expects HDB resale prices to soften by four to five percent this year, with volume hitting around 19,000 to 20,000 units due to lower asking prices.

Private residential property prices down 0.9% in Q2:

URA This is the seventh straight quarter of decline. Overall private residential property prices declined by 0.9% in Q2, according to flash estimates released today by the Urban Redevelopment Authority (URA). This marks the seventh consecutive quarter of decline and compares to a 1% decline in the previous quarter. The URA said that prices of non-landed private residential properties declined in all market segments.

In Core Central Region (CCR), prices fell 0.5%, higher than the 0.4% decline in the previous quarter. Meanwhile, prices in Rest of Central Region (RCR) fell 0.5%, compared to the 1.7% decline in the previous quarter. In Outside Central Region (OCR), prices fell 1.2%, higher than the 1.1% decline in the previous quarter.

The flash estimates are compiled based on transaction prices given in contracts submitted for stamp duty payment and survey data on new units sold by developers during the first ten weeks of the quarter.

The statistics will be updated 4 weeks later when URA releases the full real estate statistics for 2nd Quarter 2015, which captures more data from the stamp duty records and the take-up of new projects.

Salaries in Singapore to increase 4.5% in 2015: Survey

Increase is to due to the Government' s tight monetary policy and stabilising of property prices, said Towers Watson.

SINGAPORE: Salaries in the Republic&rsquo s are set for an overall increase of 4.5 per cent, same as 2014, according to the 2015 Asia Pacific Salary Budget Planning Report.

The bi-annual survey compiled by Towers Watson&rsquo s Data Services Practice also revealed that in real terms, salaries in Singapore will rise 4.4 per cent. The salary increase budget for 2016 is expected to increase 4.5 per cent, according to the survey.

&ldquo The Singapore Government has been sticking to a tight monetary policy to keep the lid on inflation. Its policy to stabilise property prices has also helped curb inflationary pressures,&rdquo said Mr Sambhav Rakyan, Data Services practice leader, Asia Pacific at Towers Watson.

SALARIES ACROSS ASIA PACIFIC SET TO RISE 7%

The survey, which looks across a range of industry sectors and job grades, also showed that Singapore is not the only country that will see an increase in salary this year. Salaries across Asia Pacific are set to raise by 7 per cent this year owing to lower inflation in 17 out of 19 Asia Pacific economies, said Towers Watson.

&ldquo In real terms, average salaries are set to rise 4.3 per cent in 2015, compared to 3.3 per cent last year,&rdquo it added. In East Asia, the highest increase will be mainland China at 7.4 per cent, while Hong Kong will see the smallest rise, at 1.3 per cent.

Despite being far behind in real terms, Hong Kong employees will still receive higher real increases than last year&rsquo s 0.1 per cent due to a modest fall in inflation.

&ldquo This is good news for employees, who are finally seeing the results of the post-financial crisis pick-up in economic growth and in receiving more cash in hand,&rdquo said Mr Rakyan.

The survey also showed that the greatest rewards and salary increases will go to top performers. Almost 80 per cent of respondents across all industries said they plan to allocate a larger portion of their budget to high performers, said Towers Watson.

" Top performers ... are seeing salary increases of approximately one and a half times that of average performers," said Mr Rakyan. For example, increases for the high-performing employees in India are 12 per cent on average &ndash nearly twice the regional average.

&ldquo The aggressive pay increases for high performers shows how urgently companies, especially in emerging markets, are focused on recruiting and retaining top talent,&rdquo said Mr Rakyan. &ldquo Given the talent shortage is becoming more acute, companies are carefully evaluating their spending.&rdquo

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Capitaland Supporters.......fyi.....

CapitaLand sets up $809m serviced residence fund with Qatar Investment Authority

This is Ascott&rsquo s largest private equity fund. CapitaLand today revealed that Ascott, its wholly owned serviced residence business unit, has entered into a 50:50 joint venture with Qatar Investment Authority (QIA) to set up a $809m (US$600m) serviced residence fund.

This is Ascott&rsquo s largest private equity fund to date and will have an initial focus on the Asia Pacific and Europe regions. Through the partnership in serviced residences, Ascott and QIA will each contribute $405m (US$300m) of equity funds to the joint venture.

The fund will invest in serviced residences or rental housing properties with an initial focus on the Asia Pacific and Europe regions, for a term of 10 years with an investment period of three years.

It will invest in development, redevelopment and turnkey opportunities, as well as acquire suitable projects for asset enhancement, repositioning or conversion into serviced residences and rental housing properties.

CapitaLand said that this move is part of its goal to launch six new funds with total assets under management of up to $10 billion by 2020.

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trade your plan......and plan your trade......

this stock is greatly affected by.......China & Singapore property cooling measure easing......

if you pay attention to the stock for the past few days.......as a day trader ......it can earn you some sweet profits......

from 3.51......it hit high at 3.58.......

and later it shorted down to 3.43 ........then buy back & some buying pushed it back to 3.52......

when China market got beaten badly......

shortists & some panic selling pushed it down to 3.31......shorts covering and some buying again brought it back above 3.40......

not for contra trade........TP......lyn lyn looking at 3.80..........

(before lyn lyn set TP at 4.00......after last week China stock plunged, re-adjusted.....)

shawaw ( Date: 10-Jul-2015 15:31) Posted:

according to this group, what is the TP for Capitaland?

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based on lyn lyn' s findings.....

1. the state of the economy.......(no good)

2. situation of the property market.......( no good)

3. wage growth......(good)

chances to lift the property cooling measures is high.......

as Singapore economy need property to drive.....and the current property price is continue to head low

and the wages is going up.......

end of report,

lyn

lyn_lyn ( Date: 10-Jul-2015 14:30) Posted:

Review of cooling measures : Shanmugam.......

The Singapore governments decision to tweak the property cooling measures will not be dependent on the election,

but on various factors such as

1. the state of the economy,

2. situation of the property market and wage growth

said Law and Foreign Affairs Minister K Shanmugam and reported by Channel NewsAsia.

He made the statement at a real estate convention organised by property firm RE/MAX Singapore, in response to a question on a review of the property cooling measures.

Let' s take a look at our economy.......on 09 Jul 15......

Singapore' s economy headed for slowest pace of growth in six years, says DBS GDP will contract in Q2.

Singapore&rsquo s 50th anniversary will be marred by extremely lacklustre economic growth, according to a new report by DBS.

Economist Irvin Seah warned that the republic&rsquo s economy is headed for its slowest pace of growth in 6 years,

as uncertainties in the global economy and domestic restructuring continue to weigh on growth.

Seah expects Q2 GDP to contract by 2% quarter-on-quarter, compared to an expansion of 2.1% in the first quarter.

&ldquo We have revised down our 2015 growth forecast to 2.4% from 3.2%. This will be the slowest growth since the US / global financial crisis of 2008/09,&rdquo Seah said.

" The outlook for the year remains cloudy. Interest rate expectations will swing and currencies will be volatile given the risks in the global economy and the divergence in monetary policy directions.

Domestic restructuring and the resulting labour shortage will weigh on growth. Beyond what we now expect will be the slowest growth in 6 years (2.4% in 2015), we have also cut our forecast for 2016 growth to 2.9%, from 3.5% previously,&rdquo he added .......

Resale prices of HDB flats dropped 0.4 percent in Q2 2015 after declining 1.0 percent in the previous quarter

&ndash its eighth consecutive quarter of price falls, revealed flash estimates from the housing board.

Mohamed Ismail, CEO of PropNex Realty, attributed the slide to a potent combination of the government&rsquo s measures to stabilise the public housing market, like reducing the Mortgage Servicing Ratio (MSR) cap of 30 percent and maximum loan term of 25 years for HDB mortgage loans, allowing singles to buy two-room Build-to-Order (BTO) flats in non-mature estates, and three-year wait for new PRs before they can purchase resale HDB flats.

&ldquo The potent combination of the measures has been effective at slowing down the price growth of HDB resale prices. It is also good to note that the 0.4 percent fall in Q2 is the lowest in the last eight quarters,&rdquo he said.

With the resale flat market stabilising, the BTO supply will be further reduced to 15,000 this year, stated HDB. To ensure adequate flat supply, this will be supplemented with over 9,000 balance flats which will be released under the Sale of Balance Flats (SBF) exercises.

Given the large stream of home completions from next year &mdash along with the continued enforcement of property curbs, Ismail expects HDB resale prices to soften by four to five percent this year, with volume hitting around 19,000 to 20,000 units due to lower asking prices.

Private residential property prices down 0.9% in Q2:

URA This is the seventh straight quarter of decline. Overall private residential property prices declined by 0.9% in Q2, according to flash estimates released today by the Urban Redevelopment Authority (URA). This marks the seventh consecutive quarter of decline and compares to a 1% decline in the previous quarter. The URA said that prices of non-landed private residential properties declined in all market segments.

In Core Central Region (CCR), prices fell 0.5%, higher than the 0.4% decline in the previous quarter. Meanwhile, prices in Rest of Central Region (RCR) fell 0.5%, compared to the 1.7% decline in the previous quarter. In Outside Central Region (OCR), prices fell 1.2%, higher than the 1.1% decline in the previous quarter.

The flash estimates are compiled based on transaction prices given in contracts submitted for stamp duty payment and survey data on new units sold by developers during the first ten weeks of the quarter.

The statistics will be updated 4 weeks later when URA releases the full real estate statistics for 2nd Quarter 2015, which captures more data from the stamp duty records and the take-up of new projects.

Salaries in Singapore to increase 4.5% in 2015: Survey

Increase is to due to the Government' s tight monetary policy and stabilising of property prices, said Towers Watson.

SINGAPORE: Salaries in the Republic&rsquo s are set for an overall increase of 4.5 per cent, same as 2014, according to the 2015 Asia Pacific Salary Budget Planning Report.

The bi-annual survey compiled by Towers Watson&rsquo s Data Services Practice also revealed that in real terms, salaries in Singapore will rise 4.4 per cent. The salary increase budget for 2016 is expected to increase 4.5 per cent, according to the survey.

&ldquo The Singapore Government has been sticking to a tight monetary policy to keep the lid on inflation. Its policy to stabilise property prices has also helped curb inflationary pressures,&rdquo said Mr Sambhav Rakyan, Data Services practice leader, Asia Pacific at Towers Watson.

SALARIES ACROSS ASIA PACIFIC SET TO RISE 7%

The survey, which looks across a range of industry sectors and job grades, also showed that Singapore is not the only country that will see an increase in salary this year. Salaries across Asia Pacific are set to raise by 7 per cent this year owing to lower inflation in 17 out of 19 Asia Pacific economies, said Towers Watson.

&ldquo In real terms, average salaries are set to rise 4.3 per cent in 2015, compared to 3.3 per cent last year,&rdquo it added. In East Asia, the highest increase will be mainland China at 7.4 per cent, while Hong Kong will see the smallest rise, at 1.3 per cent.

Despite being far behind in real terms, Hong Kong employees will still receive higher real increases than last year&rsquo s 0.1 per cent due to a modest fall in inflation.

&ldquo This is good news for employees, who are finally seeing the results of the post-financial crisis pick-up in economic growth and in receiving more cash in hand,&rdquo said Mr Rakyan.

The survey also showed that the greatest rewards and salary increases will go to top performers. Almost 80 per cent of respondents across all industries said they plan to allocate a larger portion of their budget to high performers, said Towers Watson.

" Top performers ... are seeing salary increases of approximately one and a half times that of average performers," said Mr Rakyan. For example, increases for the high-performing employees in India are 12 per cent on average &ndash nearly twice the regional average.

&ldquo The aggressive pay increases for high performers shows how urgently companies, especially in emerging markets, are focused on recruiting and retaining top talent,&rdquo said Mr Rakyan. &ldquo Given the talent shortage is becoming more acute, companies are carefully evaluating their spending.&rdquo

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Review of cooling measures : Shanmugam.......

The Singapore governments decision to tweak the property cooling measures will not be dependent on the election,

but on various factors such as

1. the state of the economy,

2. situation of the property market and wage growth

said Law and Foreign Affairs Minister K Shanmugam and reported by Channel NewsAsia.

He made the statement at a real estate convention organised by property firm RE/MAX Singapore, in response to a question on a review of the property cooling measures.

Let' s take a look at our economy.......on 09 Jul 15......

Singapore' s economy headed for slowest pace of growth in six years, says DBS GDP will contract in Q2.

Singapore&rsquo s 50th anniversary will be marred by extremely lacklustre economic growth, according to a new report by DBS.

Economist Irvin Seah warned that the republic&rsquo s economy is headed for its slowest pace of growth in 6 years,

as uncertainties in the global economy and domestic restructuring continue to weigh on growth.

Seah expects Q2 GDP to contract by 2% quarter-on-quarter, compared to an expansion of 2.1% in the first quarter.

&ldquo We have revised down our 2015 growth forecast to 2.4% from 3.2%. This will be the slowest growth since the US / global financial crisis of 2008/09,&rdquo Seah said.

" The outlook for the year remains cloudy. Interest rate expectations will swing and currencies will be volatile given the risks in the global economy and the divergence in monetary policy directions.

Domestic restructuring and the resulting labour shortage will weigh on growth. Beyond what we now expect will be the slowest growth in 6 years (2.4% in 2015), we have also cut our forecast for 2016 growth to 2.9%, from 3.5% previously,&rdquo he added .......

Resale prices of HDB flats dropped 0.4 percent in Q2 2015 after declining 1.0 percent in the previous quarter

&ndash its eighth consecutive quarter of price falls, revealed flash estimates from the housing board.

Mohamed Ismail, CEO of PropNex Realty, attributed the slide to a potent combination of the government&rsquo s measures to stabilise the public housing market, like reducing the Mortgage Servicing Ratio (MSR) cap of 30 percent and maximum loan term of 25 years for HDB mortgage loans, allowing singles to buy two-room Build-to-Order (BTO) flats in non-mature estates, and three-year wait for new PRs before they can purchase resale HDB flats.

&ldquo The potent combination of the measures has been effective at slowing down the price growth of HDB resale prices. It is also good to note that the 0.4 percent fall in Q2 is the lowest in the last eight quarters,&rdquo he said.

With the resale flat market stabilising, the BTO supply will be further reduced to 15,000 this year, stated HDB. To ensure adequate flat supply, this will be supplemented with over 9,000 balance flats which will be released under the Sale of Balance Flats (SBF) exercises.

Given the large stream of home completions from next year &mdash along with the continued enforcement of property curbs, Ismail expects HDB resale prices to soften by four to five percent this year, with volume hitting around 19,000 to 20,000 units due to lower asking prices.

Private residential property prices down 0.9% in Q2:

URA This is the seventh straight quarter of decline. Overall private residential property prices declined by 0.9% in Q2, according to flash estimates released today by the Urban Redevelopment Authority (URA). This marks the seventh consecutive quarter of decline and compares to a 1% decline in the previous quarter. The URA said that prices of non-landed private residential properties declined in all market segments.

In Core Central Region (CCR), prices fell 0.5%, higher than the 0.4% decline in the previous quarter. Meanwhile, prices in Rest of Central Region (RCR) fell 0.5%, compared to the 1.7% decline in the previous quarter. In Outside Central Region (OCR), prices fell 1.2%, higher than the 1.1% decline in the previous quarter.

The flash estimates are compiled based on transaction prices given in contracts submitted for stamp duty payment and survey data on new units sold by developers during the first ten weeks of the quarter.

The statistics will be updated 4 weeks later when URA releases the full real estate statistics for 2nd Quarter 2015, which captures more data from the stamp duty records and the take-up of new projects.

Salaries in Singapore to increase 4.5% in 2015: Survey

Increase is to due to the Government' s tight monetary policy and stabilising of property prices, said Towers Watson.

SINGAPORE: Salaries in the Republic&rsquo s are set for an overall increase of 4.5 per cent, same as 2014, according to the 2015 Asia Pacific Salary Budget Planning Report.

The bi-annual survey compiled by Towers Watson&rsquo s Data Services Practice also revealed that in real terms, salaries in Singapore will rise 4.4 per cent. The salary increase budget for 2016 is expected to increase 4.5 per cent, according to the survey.

&ldquo The Singapore Government has been sticking to a tight monetary policy to keep the lid on inflation. Its policy to stabilise property prices has also helped curb inflationary pressures,&rdquo said Mr Sambhav Rakyan, Data Services practice leader, Asia Pacific at Towers Watson.

SALARIES ACROSS ASIA PACIFIC SET TO RISE 7%

The survey, which looks across a range of industry sectors and job grades, also showed that Singapore is not the only country that will see an increase in salary this year. Salaries across Asia Pacific are set to raise by 7 per cent this year owing to lower inflation in 17 out of 19 Asia Pacific economies, said Towers Watson.

&ldquo In real terms, average salaries are set to rise 4.3 per cent in 2015, compared to 3.3 per cent last year,&rdquo it added. In East Asia, the highest increase will be mainland China at 7.4 per cent, while Hong Kong will see the smallest rise, at 1.3 per cent.

Despite being far behind in real terms, Hong Kong employees will still receive higher real increases than last year&rsquo s 0.1 per cent due to a modest fall in inflation.

&ldquo This is good news for employees, who are finally seeing the results of the post-financial crisis pick-up in economic growth and in receiving more cash in hand,&rdquo said Mr Rakyan.

The survey also showed that the greatest rewards and salary increases will go to top performers. Almost 80 per cent of respondents across all industries said they plan to allocate a larger portion of their budget to high performers, said Towers Watson.

" Top performers ... are seeing salary increases of approximately one and a half times that of average performers," said Mr Rakyan. For example, increases for the high-performing employees in India are 12 per cent on average &ndash nearly twice the regional average.

&ldquo The aggressive pay increases for high performers shows how urgently companies, especially in emerging markets, are focused on recruiting and retaining top talent,&rdquo said Mr Rakyan. &ldquo Given the talent shortage is becoming more acute, companies are carefully evaluating their spending.&rdquo

x 0

Yoma Strategic: General Announcement :: Press Release: Yoma Strategic wins Best Managed Board - Silver

10 Jul 2015 00:13

General Announcement :: Press Release: Yoma Strategic wins Best Managed Board - Silver

Announcement Title	General Announcement
Announcement Subtitle	Press Release: Yoma Strategic wins Best Managed Board - Silver
Securities	YOMA STRATEGIC HOLDINGS LTD (YOMA)
Date & Time of Broadcast	Jul 10, 2015 0:13
Submitted By	Andrew Rickards Chief Executive Officer