The Business Times, 11 July 2008

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Total Pages: 32
1 32 The Business Times
  • 22 1 The Business Times SINGAPORE 85 cents online at http://www.businesstimes.com.sg MAW A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNO*****2868E MICA (P) 122/12/2007 Friday, July 11,2008
    22 words
  • 680 1  -  ANNA TEO Economists expect rebound in Q3, say fundamentals are still strong By [SINGAPORE] Even as the economy slowed rather more sharply than expected in the second quarter, economists are optimistic about a rebound in Q3 assuming, that is, no further pharmaceutical plunge.
    680 words
  • 923 1  -  MICHELLE QUAH Bourse proposes revamp of listing rules with more products, transparency By [SINGAPORE] The Singapore Exchange (SGX) is proposing a whole slew of changes to its listing rules to broaden the range of companies and types of products that can list
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  • Page 1 Advertisements
  • Page 1 Miscellaneous
    • 96 1 r^^™ SINGAPORE BOOKS YT^m''SßmmJm!!j BE INSPIRED I —I C^ SUN FESTIVAL Classic %<^ l" EH3JS[J| Zap for daily inspiration. r/B Bigger and better this year portraits I *ry\ Win a Zegna Sports Hi m. RAGE 29 RAGE 28 :s■■ Gym Kit! PAGE 18 Jlf aBFJK \«SSfr-''St kJT' J X 11
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  • TOP STORIES
    • 600 2 -AP, Bloomberg, AFP Announcement eases political uncertainty since March elections [KUALA LUMPUR] Malaysia's prime minister yesterday announced that he will retire and hand over power to his deputy by mid-2010, easing the political uncertainty gripping the country since March general elections. The
      -AP, Bloomberg, AFP; m AP  -  600 words
    • THREE-MINUTE DIGEST
      • 59 2 SINGAPORE'S accounting sector grew by an annual 6.5 per cent in the last three years, nearly twice as fast compared with the growth rate in the past decade. However, this was lower than comparative figures in other professional services such
        59 words
      • 78 2 MARKET players welcomed a new Singapore Exchange proposal that would prompt companies changing their core businesses to get permission from its investors and in particular, minority shareholders. When a company changes the "scope and nature of its principal business after it has been
        78 words
      • 67 2 BANKS have been tightening the screws on first-time home buyers but more big loans have been made. More speculators and investors have also taken additional mortgages. The number of people owing more than $1 million on their home loan has almost
        67 words
      • 88 2 BOOSTED by the buoyant oil and gas markets, Ezra Holdings reported yesterday sharply higher third-quarter earnings and said it was on its way to another year of record profits. Ezra, a major integrated offshore support and marine services provider in
        88 words
      • 85 2 PUBLIC transport operators' revenues may be hurt despite a fare review that allows a maximum fare adjustment of 3 per cent for 2008 because of the introduction of distance-based through fares. Yesterday, the Public Transport Council announced that public transport operators can apply
        85 words
      • 55 2 HIGHER US energy prices, a deteriorating labour market and falling stock prices have raised the likelihood the world's richest economy will enter into recession this year or has already done so, according to forecasts of a closely watched panel of economists released
        55 words
      • 71 2 INDONESIA'S corruption watchdog has opened an investigation into suspicions that about US$22 billion worth of state oil and gas revenues have been lost, an official said yesterday. Senior regulators from state oil and gas oversight body BP Migas have been
        71 words
      • 41 2 Steve Wynn considers tapping HK stock market for USs3b US casino billionaire Steve Wynn, whose firm operates Macau's Wynn resort, is exploring tapping Hong Kong's stock market for as much as US$3 billion, a report said yesterday. GREATER CHINA, PAGE 12
        41 words
    • 630 2  -  CONRAD TAN All members agree the funds have been positive for financial stability By [SINGAPORE] A meeting of sovereign wealth funds and senior government officials from around the world in Singapore ended yesterday, with some progress on drafting a set of voluntary
      630 words
    • 421 3  -  ARTHUR SIM KIDNEY TRADING By j [SINGAPORE] CX Tang executive chairman Tang Wee Sung has been charged in court for attempting to buy a kidney from Indonesian labourer Sulaiman Damanik for $23,700. Tang, whose kidneys are failing due to diabetes, has been released
      421 words
    • 524 3  -  OH BOON PING ACRA to review registration norms of accountants to beat talent crunch By [SINGAPORE] Singapore's accounting sector grew by an annual 6.5 per cent in the last three years, nearly twice as fast compared with the growth rate in the
      524 words
    • 434 3  -  CHOW PENN NEE Brokerages may join the bureau and share information on errant clients By [SINGAPORE] Regular credit card defaulters, or those with a poor credit history, already have trouble tapping banks for loans as information about them is available
      434 words
    • MARKETS DIGEST
      • 29 3 Bloomberg SINGAPORE 5.33 MALAYSIA 6.72 HONG KONG 5.25 INDONESIA 15.468 TAIWAN 6.316 JAPAN 1.875 KOREA 9.33 BRITAIN 5.00 US 5.00 CANADA 4.75 SWITZERLAND 3.88 INDIA 12.75 Source:
        Bloomberg  -  29 words
      • 45 3 KL COMP 1,135.49 -4.32 NIKKEI 225 13,067.21 +15.08 HANG SENG 21,821.78 +15.97 SET INDEX 721.86 +0.73 JAKARTA COMP 2,276.23 -9.79 MANILA COMP 2,450.62 -30.91 SEOUL COMP 1,537.43 +18.05 SHENZHENB 481.14 -2.42 MUMBAI IND 13,926.24 -38.02 12N00N EDT Change DOW 11,176.10 +28.66 NASDAQ 2,249.56 +14.67
        45 words
      • 42 3 US$ (S$ per US$) 1.361 (US$/S$ per 1.976 2.688 EURO (US$/S$/E) 1.573 2.140 YEN 107.20 78.80 RM 3.247 2.386 HK$ 7.802 5.734 BAHT 33.67 24.74 RUPIAH 9,169 6,738 RENMINBI 6.844 5.030 INDIAN RUPEE 43.09 31.67 A$ 1.042 0.766 NZ$ 1.325 0.974
        42 words
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  • Page 3 Advertisements
    • 58 3 A LANDMARK BUILDING AT CHINA STREET FOR LEASE Located at Far East Square 21,000 sq ft of purpose-built prime office /showroom space Steps away from Raffles MRT station and new MRT station at Cross Street Excellent street level showroom frontage, spread over two levels Sprawling 322-bay car-park conveniently connected iJ
      58 words

  • COMPANY NEWS
    • 464 4  -  JAMIE LEE SGX PROPOSED RULE CHANGES Market players say proposal serves to protect minority shareholders By MARKET players welcomed a new Singapore Exchange (SGX) proposal that would prompt companies changing their core businesses to get permission from its investors and in particular, minority
      464 words
    • 425 4  -  CHEW XIANG Suggested rules may help stem outflow to other bourses By BIOTECHNOLOGY startups could soon raise capital through an initial public offering even if they do not have the financial track record to satisfy present listing standards. That is according to proposed rules
      425 words
    • 606 4  -  CHEWXIANG Safeguards to be put in place to protect investors By "BLIND pool" funds shells with no business but holding cash to be invested according to a stated policy could soon be listed on the Singapore Exchange, giving retail investors
      606 words
    • 621 6  -  SIOW LI SEN N umber of such borrowers nearly doubles to 8,280 in April from a yr ago By BANKS have been tightening the screws on first-time home buyers but more big loans have been made. More speculators and investors have
      CBS  -  621 words
    • 642 6  -  LYNETTE KHOO THIS week, Citi announced that it has discontinued its research coverage on China Energy citing a lack of corporate governance transparency and changes in the company's business strategy. Though it did not point to any specific issues concerning the "lack of corporate
      642 words
    • 169 7  -  ARTHUR LEE By THE current inflationary trend is likely to pose several major challenges for charitable organisations. Fang Ai Lian, chairman of Great Eastern Holdings, told The Business Times her three concerns. With rising inflation, there may be a bigger pool of
      3 ARTHUR LEE  -  169 words
    • 406 7 Revenue surges 85% to USsss.2m on buoyant oil and gas markets BOOSTED by the buoyant oil and gas markets, Ezra Holdings reported yesterday sharply higher third-quarter earnings and said it was on its way to another year of record profits.
      406 words
    • 323 7  -  OH BOON PING By THE investing community sees a need for Singapore to have a mandate to tailor international accounting standards to suit its own circumstances. David Gerald, president of the Securities Investors Association of Singapore (SIAS), said this yesterday when talking about
      323 words
    • 79 7 Reuters THE Monetary Authority of Singapore said yesterday that it had fined Teo Chuan Teck $320,000 for insider trading of shares of Cosco Corporation Singapore between January and July last year. "Mr Teo was the Financial Controller of Cosco at the time and
      Reuters  -  79 words
    • COMPANY BRIEFS
      • 80 7 E3 Holdings has dropped its proposed acquisition of a 49 per cent stake in Song Yuan Petrochemical Co Ltd (SYPC) which owns and operates an oil refinery in China. In a statement yesterday, E3 said that it had decided not to proceed with
        80 words
      • 87 7 OCULUS has been sued by I Kare Pte Ltd for allegedly breaching a sale and purchase agreement for the sale of Oculus' entire contact lens and eyecare-related business and assets and its shareholding interest in its subsidiaries to I Kare. Oculus said that it has
        87 words
      • 46 7 CHINA Sunsine Chemical Holdings Ltd's 5,000 tonne anti-oxidant workshop has been completed on schedule and is currently into trial production. It is also on track to expand to 10,000 tonnes by end-FYOB. A 10,000-tonne workshop for sulphenamides accelerators has also been completed.
        46 words
  • Page 4 Advertisements
    • 1479 4 LO C 1 If ff olOfl Organized By Main Sponsor Knowledge Advisor (Incorporated in Bermuda) ____________P_-_______P_ SINGAPORE _^T5Q7f9 INDIAN CHAMBER KW?j NOTICE IS HEREBY GIVEN that the Annual General Meeting of LOTTVISION LIMITED (the "Company") will be held at Amara Hotel, /OF COMMERCE //k4^_^i J4 m W^P^ Connection 1, Level
      1,479 words

  • Page 5 Advertisements
    • 3407 5 VOLUNTARY CONDITIONAL CASH PARTIAL OFFER by ANZ SINGAPORE LIMITED (Company Registration No. *****2937W) (Incorporated in the Republic of Singapore) for and on behalf of SINOCHEM INTERNATIONAL (OVERSEAS) PTE. LTD. (Company Registration No. *****5994Z) (Incorporated in the Republic of Singapore) To acquire 51% of the issued and paid-up shares of GMG
      3,407 words

  • Page 6 Advertisements
    • 1299 6 —IS SUNRAY HOLDINGS LIMITED (Incorporated in Bermuda with limited liability) NOTICE IS HEREBY GIVEN that the Annual General Meeting of Sunray Holdings Limited ("the Company") will be held at Camellia Room, Level 4, River View Hotel Singapore, 382 Havelock Road, Singapore *****9 on Monday, 28 July 2008 at 10.30 am
      1,299 words
    • 1311 6 *4 IHrVBv! ii^i I L^H Mfc^Hfllll9P!!»!§l!jPP§HPTlffll!rPM .MTucu.TTCDnc-iuc IN THE MATTER OF 1 IN THE MATTER OF THE THE COMPANIES ACT, CAP. 50 ENG WAH ORGANIZATION LIMITED ZZ^on™™ ,n the matter of Incorporated in the Republic of Singapore "£> reg! no! ibmmsmn) pathfinder(|dwardstown) Company Registration Number *****0320E MEMBERS' VOLUNTARY (In Members'
      1,311 words

  • Page 7 Advertisements
    • 448 7 The OASIS Companies Sensible High Yield/Impeccable Credentials Agent/Broker Required for the MIDDLE EAST FAR EAST fig. www.oasisroi.com OASISASIA International Ltd. I9z^~ IHjKf-Credit-linked to two sovereigns and four corporations: Aviva PLC HSBC Bank PLC Malaysia People's Republic of China Prudential Public Limited Company Singapore Telecommunications Other important information The Base Prospectus
      448 words

  • SINGAPORE MARKETS
    • 557 8  -  R SIVANITHY STOCKS ST Index drops sharply in early trading before bouncing and then closing 16 points lower TRADING yesterday followed the well-estab-lished script that has been in place for the best part of a year now the Straits Times Index opened with a
      Bloomberg  -  557 words
    • 99 8 Up Down Unch Up Down Unch Up Down Unch Multi Ind 4 10 3 0 0 0 4 10 3 Manufacturing 44 72 52 19 50 78 71 Commerce 14 27 21 19 34 24 Tpt/Stor/Comms 17 13 18 16 Finance 10 15 10 16 Construction 11
      99 words
    • 123 8 TURNOVER ('000) MAIN SDQ TOTAL MAIN VALUE ('000) SDQ TOTAL Multi Ind 17.070 17.070 80.039 80.039 Manufacturing 286.569 29.188 315.757 188.365 2.843 191.208 Commerce 36.840 11.493 48.333 40.834 3.511 44.346 Tpt/Stor/Comms 77.400 1.057 78.457 218.146 300 218.446 Finance 25.847 16 25.863 226.393 226.396 Construction 16.320 8.966 25.286
      123 words
    • 103 8 Capita Land 5.890 +0.070 CapitaMall 3.130 -0.020 CityDev 11.200 -0.080 Cosco Corp 3.140 DBS Grp 18.680 -0.160 F&N 4.430 -0.050 Gent Intl 0.560 HK Land 4.220 -0.080 JSH 16.780 -0.260 JardineC&C 16.160 +0.020 Keppel Corp 10.600 -0.040 Keppel Land 4.840 +0.040 NOL 3.000 -0.050 Noble Grp
      103 words
    • Article, Illustration
      936 8  -  JOYCE HOOI Source: STAYING defensive in times of uncertainty: Recent developments in the local property market have sent conflicting signals to investors. Several property developers have indicated the willingness to delay launches as residential property prices are showing signs of weakness, while others are pointing to still strong
      : Bloomberg  -  936 words
    • 462 8 Reuters CURRENCIES Won wins support: A man near a pc Bank of Korea headquarters in Seoul, official comments which fuelled fears [SINGAPORE] The South Korean won jumped yesterday on official comments indicating support for the currency and modest dollar-selling intervention, but other Asian
      – Reuters; REUTERS  -  462 words
    • 4 8 DAILY
      4 words
    • 61 8 Jul 10 VALUE CLOSE BT OB/OS -1118.00 +3.00 BT CADI -*****.00-122.00 BT 10-day MA -*****.00-111.00 FTSE ST Mid Cap 702.68 -3.54 FTSE ST Small Cap 578.96 -4.93 FTSE ST All Share 729.14 -4.21 FTSE ST China Top 413.94 -3.08 FTSE ST China 408.97 -0.54 UOB Catalist 130.14
      61 words
    • 62 8 VOLUME Global Voice 211,282,000 Li Heng 37,657,000 Golden Agri 37,480,000 Full Apex 35,310,000 China Honqxinq 34,361,000 SinqTel 26,009,000 DBS DBeCWOBIII7 20,520,000 Heng Long 16,411,000 CoscoCorpDßeCWoBo929 15,258,000 DBS MBLeCWOBI2O2 14,300,000 VALUE(S) Sing Tel 90,624,150 SGX 81,617,455 DBS Grp 51,782,720 UOB 51,507,980 Keppel Corp 50,895,670 S I A 45,557,205
      62 words
    • 110 8 BY CENTS CLOSE UP 9170 87.0 0.7 GLD 10US$ China H 10US$ 1558 28.6 1.. STXPOKW100 279 19.0 7.3 Swiber 215 9.0 4.4 Wilmar 472 9.0 1.9 .and 589 7.0 1.2 India Ni 10 1305 6.0 0. Mao 'ie Prime Reit 108 5.0 4.9 Select Gri 22 5.0 29..
      110 words
    • 112 8 CLOSE DOWN 2928-100.6 -2.5 JMH JSH 1678 -35.4 -1.5 OCBC Bk4.5%NCPS 100 ***** -20.0 -0.2 DBS Gr| 1868 -16.0 -0.8 lanMBLiCW***** 168 -15.0 -8.2 MOIL 186 -15.0 -5.6 B Sembawani 836 -14.0 -1.6 StraitsAsia 277 -12.0 -4.2 HKLand 422 -10.9 -1.9 DBS DB eCW*****9 47.5 -10.5 -18.1 BY PERCENTAGE
      112 words
    • 85 8 Where S! i$ stands lul 10 %CHNG CLOSE FRJul 9 YR2008 S$ LOW S$ HIGH uss 1.3608 0.18 1.4542 1.3457 Euro 2.1360 0.12 2.2064 2.0474 Pounds 2.6858 0.04 2.8431 2.6568 AS 1.3045 -0.66 1.3235 1.2349 Yen* 1.2686 -0.08 1.4484 1.2619 Rupiah* 0.***** 0.03 0.***** 0.***** Baht* 4.0416 0.21 4.4299
      85 words

  • SINGAPORE NEWS
    • 575 9  -  SAMUEL EE Transport firms cleared to apply for bus, train fare increase of up to 3% By PUBLIC transport operators' (PTOs) revenues may be hurt despite a fare review that allows a maximum fare adjustment of 3 per cent for 2008 because of
      FILE PHOTO  -  575 words
    • 234 9  -  JOYCE HOOI By BUSINESSES eager to navigate the murky waters of international trade can now do it at HSBC's Trade Academy in Singapore. The academy, which has been running sessions for its customers since March, focuses on providing information on trade regulations, best practices
      234 words
    • 310 9  -  GENEVIEVE CUA By CAPTIVE insurance is poised to grow in Asia, thanks to an increasing emphasis on risk management, said Ong Chong Tee, Monetary Authority of Singapore (MAS) deputy managing director. Captive insurance is essentially "in-house" insurance provided by a company
      310 words
    • 306 9 WHEN the Fl Grand Prix finally makes its debut in Singapore and what a debut it'll be not everyone is going to be keeping their eyes on the actual race itself. And for those easily distracted people, Stylo is here. The Stylo
      306 words
    • 498 9  -  LEE U-WEN By ONE of Singapore's former top civil servants, Philip Yeo, is wearing yet another new hat this time, in the field of education. The 61-year-old was yesterday named chairman of the Nanyang Business School's (NBS) new board of advisers, leading an
      498 words
  • Page 9 Advertisements

  • ECONOMY WATCH
    • 486 10 Reuters Over half in survey says US will enter or has entered into a recession [WASHINGTON] Higher US energy prices, a deteriorating labour market and falling stock prices have raised the likelihood the world's richest economy will enter into recession this year
      – Reuters; m AP  -  486 words
    • 310 10 Bloomberg [LONDON] The International Energy Agency, the energy adviser to 27 nations, raised its forecast for 2008 global oil demand, ending five months of downward revisions, amid rising consumption in developing countries. The lEA increased its forecast "slightly", by about 0.1 per cent, or
      Bloomberg  -  310 words
    • 478 10 Bloomberg [WASHINGTON] The resignation of Robert Steel as the US Treasury's top domestic finance official leaves Secretary Henry Paulson without his closest Wall Street adviser as the economy struggles to rebound and credit turmoil deepens. Mr Steel, a former vice-chairman to Mr
      ■ Bloomberg  -  478 words
  • Page 10 Advertisements
    • 106 10 Singapore Racecourse lv' iA^ji ih 13July2008 j| f^< W Catch Singapore's top stayers battle it out in the 13 th Emirates >V i |W Singapore Derby at the Singapore Racecourse on Sunday, 13 July m v. 2008. At stake is a hefty one million dollars in prizemoney and the >
      106 words

  • MALAYSIA/INDONESIA
    • 641 11 AP, Reuters Canberra and XL announce plan to train teachers from Afghanistan [PUTRAJAYA] Australian Prime Minister Kevin Rudd yesterday praised Malaysia's revitalised democracy, as the two countries celebrated their warming ties by announcing a plan to jointly train teachers from Afghanistan.
      AP, Reuters; AP  -  641 words
    • 264 11 AP Decree to use palm oil for 2.5% of power coming in Oct [JAKARTA] Indonesia, the world's largest producer of palm oil, plans to force manufacturers to use biofuels for some of their energy needs to reduce dependence on imported oil amid
      AP  -  264 words
    • 284 11 AFP [JAKARTA] Indonesia's corruption watchdog has opened an investigation into suspicions that about US$22 billion worth of state oil and gas revenues have been lost, an official said yesterday. Senior regulators from state oil and gas oversight body BP Migas
      AFP  -  284 words
    • 2233 11 lul 10 RM COOO) M Realty \bricBhd \dvance Synergy \dventa Bhd \eMulti Hldgs \ffin Holdings \hmad Zaki Resou \ic Corp \irasia Bhd \kn Technology \lliance Financi \luminium Co \malgamated Ind Vnmb Hldgs Bhd \mtel Holdings \mway Malaysia \nalabs Resource \ncom Berhad \nn Joo Resource \pex Healthcare \pl Industries
      2,233 words
  • Page 11 Advertisements
    • 124 11 The Straits Times The Business Times Online. The latest news. Any time, anywhere. The Business Times online subscription P^H LEU ujjj^U \lllx w£m For more details, visit www.asiaone.com/ndp or call 6388 3838 tilt wf^to^fltlf^tt(^tofof^f9i^9k jvl ■fll >vfJ J•iJ M it Ct| n B9" HS BB""" Get a pair of Swensen's
      124 words

  • GREATER CHINA
    • 559 12  -  JANE MOIR It exempts the govt from abiding by certain provisions as an employer By. in Hong Kong LAWMAKERS in Hong Kong have passed a race discrimination bill after striking out a controversial government amendment in a rare show of cross-party unity. The
      559 words
    • 234 12 AP [SHANGHAI] One of China's richest people has been detained in a fraud investigation involving loans worth 4.3 billion yuan (*****.1 million), state-run media reported on Wednesday. Shanghai highway contractor Liv Genshan was detained a week ago, the Shanghai Daily newspaper
      AP  -  234 words
    • 326 12 -AFP [HONG KONG] US casino billionaire Steve Wynn, whose firm operates Macau's Wynn resort, is exploring tapping Hong Kong's stock market for as much as US$3 billion, a report said yesterday. The company would use the cash to finance its ambitious expansion
      -AFP  -  326 words
    • 464 12 Bloomberg [BEIJING] China's export growth slowed more than economists estimated in June, putting the government under pressure to cool gains by the yuan to protect manufacturers. Overseas shipments grew 17.6 per cent from a year earlier, the slowest pace in four months,
      Bloomberg  -  464 words
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  • INDIA
    • 698 13 NYT It is eyeing expanding outside home market with USssb cash in hand [LONDON] ICICI Bank, one of the largest in India, is considering acquisitions to expand outside its home market at a time when many foreign rivals are struggling because of tight credit markets, two
      NYT; I BLOOMBERG  -  698 words
    • 378 13 AP [VIENNA] India wants to place conditions on the right of the International Atomic Energy Agency to oversee its civilian nuclear programme, according to a confidential document obtained by The Associated Press. The document is meant to open the way for India to do business
      AP  -  378 words
  • Page 13 Advertisements
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      246 words

  • GREAT AMERICAN SALE
    • 813 14 -NYT Global commodity boom and dollar's decline unleashes wave of big-money buys of property, artworks, banks [NEW YORK] THE hunt for the great American trophy asset is on. The global commodities boom and the dollar's decline have unleashed a wave of big money
      -NYT; LUDWIG ILIO  -  813 words
  • Page 14 Advertisements
    • 2517 14 <E» 111 m HIAP SENG ENGINEERING LTD jj| (Incorporated in the Republic of Singapore) (Company Registration No. 1971DQ30DZ) wiflJiftJH ASIA DEKOR HOLDINGS LIMITED NOTICE OF ANNUAL GENERAL MEETING (Incorporated in Bermuda with limited liability) NOTICE IS HEREBY GIVEN that the Annual General Meeting of Hiap Seng Engineering Ltd (the "Company")
      2,517 words

  • ASIA PACIFIC
    • 506 15 -AP Prosecutors want to drive point home that 'chaebols' are not above the law [SEOUL] Prosecutors asked a South Korean court to sentence former Samsung chairman Lee Kun-hee to seven years in prison for tax evasion and other charges, saying the country's powerful business
      -AP; J AP  -  506 words
    • 254 15 Reuters [BANGKOK] Thai Foreign Minister Noppadon Pattama quit yesterday after a political row over Bangkok's support for the listing of a disputed ancient temple on the Thai-Cambodian border as a World Heritage site. Mr Noppadon, targeted for impeachment after a court ruled Thailand's
      ■ Reuters  -  254 words
    • 372 15 Reuters Rise led by surge in prices of crude oil, raw materials [TOKYO] Japanese annual wholesale inflation beat market expectations in June to hit a fresh 27-year high on surging oil and commodity prices, adding gloom to firms suffering from dwindling profit margins. Wholesale
      ■ Reuters  -  372 words
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    • 2999 15 In the Matter of IN THE MATTER OF I TheCompam€«Act,Cap.so THE COMPANIES ACT (CAP. 50) NETSIZESINGAPORE PTE LTD IN THE MATTER OF WwJr>2U\ (In Members' Voluntary Liquidation) VEBA OIL SUPPLY I I AC A Pi n A Tv \%££BK/ (Co.RegNo2oo^o9 q94BN) TRADiNG PTE LTD Wl LL AS"AR RAY 'T'rToTwS^ M3l*U*
      2,999 words

  • ASIA-PACIFIC/WORLD
    • 402 16 Bernanke Paulson push for new regulations -AP They are needed to insulate US economy from damage if a big Wall St firm fails [WASHINGTON] Federal Reserve chairman Ben Bernanke and Treasury Secretary Henry Paulson told Congress yesterday that new regulatory powers are needed to insulate the US economy from damage
      -AP  -  402 words
    • 381 16 Reuters [SINGAPORE] The world's sovereign funds, which control an estimated US$3 trillion in assets, are on track to agree on a code of conduct by October, but the rules won't be binding, an International Monetary Fund working group said yesterday. The IMF also said
      – Reuters; BLOOMBERG  -  381 words
    • 8502 16 UNIT TRUSTS FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced FundlS 2.036/ AIGIF Spore Bond Fund/ A 1.327/ APS Asset Mat Pte Ltd APS Alpha Fund!** 0.89/ APS Alpha Fund (USD) 0.65/ APS Komaba Asset Mgt Pte Ltd APS Komaba Global Bond SGD 0.947/ APS Komaba
      8,502 words

  • WORLD
    • 605 17 Reuters OTC derivatives don't need to be regulated as most players are regulated: OCC [WASHINGTON] The regulators of major US banks and securities firms that deal in credit default swaps told lawmakers on Wednesday that no new regulations are needed to oversee this
      ■ Reuters  -  605 words
    • 371 17 [LONDON] Goldman Sachs Group Inc said on Wednesday it had withdrawn from the leading international banking lobby Institute for International Finance (IIF), which it earlier criticised over its plans to change fair value accounting rules. "We believe that in times of
      371 words
  • Page 17 Advertisements
    • 1558 17 China Essence Group Ltd. (Incorporated in the Cayman Islands! NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Raffles Hotel, 1 Beach Road, Casuarina Suite A, Level 3, Singapore *****3 on Tuesday, 29 July 2008 at 10.00 a.m.
      1,558 words
    • 2453 17 Avaplas Ltd Company Registration Number: *****1788 C (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING AND NOTICE OF BOOKS CLOSURE DATE Notice is hereby given that the Annual General Meeting of the Company will be held on 29 July 2008 at Crowne Plaza Changi Airport Hotel, 75
      2,453 words

  • AVIATION
    • 550 18  -  YEN SREENIVASAN Tender to be called for suppliers to offer samples for testing on BA plane engine By [SINGAPORE] Rolls-Royce and British Airways yesterday announced the start of a scientific test programme to investigate the viability of alternative fuels for the aviation industry.
      ■ REUTERS  -  550 words
    • 492 18 ■AFP Farnborough will show how inflation is affecting airlines [LONDON] The extent to which soaring oil prices are affecting commercial aviation will fly into focus next week when key players from the sector descend on the Farnborough International Air Show
      ■AFP  -  492 words
    • 508 18 Bloomberg [CHICAGO] Boeing raised its 20-year forecast for world commercial jetliner deliveries by 2.8 per cent as carriers struggling with soaring oil prices upgrade their fleets with more fu-el-efficient models and global air travel increases. Planemakers will deliver about 29,400 jetliners
      Bloomberg  -  508 words
    • 181 18 Bloomberg [LOS ANGELES] American Airlines, United Airlines, Delta Air Lines and nine other large US carriers said in a joint letter that recent job cuts in the industry can be blamed on oil speculation, which has raised fuel costs. "For airlines, ultra-expensive
      ■ Bloomberg  -  181 words
    • 2558 18 AIRLINE CODES: AA: American Airlines (AAL), AF: An Fiance (AFR), Al: An India (AIC), AY: Finnan Oy (FIN), AZ: Alitalia Airlines (AZA), BA: British Airways Public ttd Co (BAW), BG: Bimao Baogladesh Airlines (BBC), Bl: Royal Brunei Airlines Sdn Bhd (RBA), BO: Bouraq Airlines (BOU), BR:
      2,558 words
  • Page 18 Advertisements
    • 137 18 ZAP for daily inspirational quotes Brought to you by Ermenegildo Zegna Hear from established business gurus like Donald Trump, Warren Buffett, Richard Branson and the likes, and stay at the forefront of the business arena. Win a Zegna Sport Gym Kit worth $1400! V I Wk M J V' la
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  • SHIPPING
    • 474 19  -  VINCENT WEE Sembawang Shipyard is building an offshore vessel for Tideway By SEMBCORP Marine is riding on the oil boom not just in rig-building but also in the building of support vessels. The company announced yesterday a $100 million contract from Dredging, Environmental and Marine
      474 words
    • 368 19  -  VINCENT WEE By SINGAPORE Technologies Telemedia and Singapore Telecommunications joint venture Grid Communications has launched an SMS-based service to enable hauliers to receive port data on their mobile phones. The system, which will link hauliers directly to PSA's Portnet,
      368 words
    • 654 19 Reuters Spate of fatal work accidents shows a dire need for sector reform [TUZLA, Turkey] Turkey is jockeying to be Europe's biggest shipbuilder, but a spate of deaths shows the need for sector reform and the cost of spectacular growth on the fringe of
      – Reuters; REUTERS  -  654 words
  • Page 19 Advertisements
    • 386 19 ENG WAH ORGANIZATION LIMITED (Incorporated in Singapore) (Company Registration No.: *****0320E) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that the Extraordinary General Meeting of Eng Wah Organization Limited (Company) will be held at The Legends Fort Canning Park, Lavender n, Park Level, 11 Canning Walk, Singapore *****1 on
      386 words
    • 1526 19 HI Id INTHE MATTER OF THE COMPANIES ACT, CAP. 50 --v IN THE MATTER OF J PADI ASIA PACIFIC PTE. LTD. (INMEMBERS'VOLUNTARYWINDINGUP) Co. Reg. No. *****201 OK NOTICE OF RESOLUTIONS f |B^> At an Extraordinary General Meeting V^ of the members of the abovenamed gffi&S&^aK Tung Lok Restaurants (2000) Ltd
      1,526 words

  • EDITORIAL & OPINION
    • 529 20 THE Chinese economy is going through quite a bit of pain now as a result of policy decisions, inflation and the global slowdown caused by the US sub-prime woes and subsequent credit crunch. On July 1, 2007, China cancelled and reduced its value
      529 words
    • 903 20 Unless a flood of speculative flows hits the country, it isn't rushing to revalue the yuan INVESTORS should pay close attention to the flurry of commentary from China suggesting that the fight against inflation has already gone too far. "The anti-inflation policy is expected
      AFP  -  903 words
    • 778 20 THE BOTTOM LINE THE latest meeting between representatives of the Dalai Lama and those of the Chinese government on July 1-2 saw a slight softening of Beijing's position, but also exposed a wide gulf between the two sides on the purpose
      778 words
    • 1171 21  -  ANDY MACDONALD Legal headaches arise when the local government does not recognise the sanctioning body By HEN most of us think of sanctions, what comes to mind are broad trade restrictions on nations, brought by the international community to coercively change some aspect
      AFP  -  1,171 words

  • Page 21 Advertisements
    • 205 21 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF HUA KOK PRECAST (PTE) LTD (IN LIQUIDATION) (Company Registration No. *****2890E) NOTICE OF FINAL MEETING Notice is hereby given that pursuant to Section 308 of the Companies Act, Chapter 50, the Final Meeting of the member
      205 words
    • 110 21 thb* Mm DISCOVER sxc bdVs YOURSEIf! BUT nDTHinC THAT SHE EAITT H«-s.ril?Gi.E!!! (|N ENGLISH) With just a birth date, Tune in to the New Morning Show. net to know VOUP Shake Bake with Suz and Sheikh. Character Monday t0 Friday '6AM -10AM' Suitable careers kwaychap t LUCkyCOIOUTS RADQO 100% PURE
      110 words

  • SINGAPORE STOCKS
    • 5867 22 Transaction date: Jul 10 52-wks Tel |h Low Code Last Sale Vol ('000) Hi i Day Last Quote Div GrYld Net |h Low Buyer Seller C'vr P/E M Cap $mil Hii Coi 21.5 6.5 lilt ?i:u io 8o sF°s ni c E 2$ 51i Iftg 41 15 5
      5,867 words
    • 65 22 _Hm Low Code Comi Sale ('ooo) _Hm Low Bui Seller C'vr P/E $mil 200 116 6065 Diamonds US200cd 250 6200 6200 6095 IS DJ US Tech 1000 1000 6097 IS MSCI Spore ***** ***** 6101 ISS&P500 US6200 US1000 US***** ***** ***** 6170 SPDRS 398.3 288 6009 STI ETF
      65 words
    • 1943 22 52-Wk Tel Hiqh Low Code Last Sale Vol COOOl Day Last Quote Low Buver Seller Div GrYld Net MCap C'vr P/E $mil Comi Hii 20 11.5 1181 s AAGrp 41.5 15 5000 s ABR Hldgs 32 18 8538 s APStrategic 16.5 2.5 1501 s Advanced System 38 19
      1,943 words
    • 199 22 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non Sponsored; t Catalist N Net or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum
      199 words
  • Page 22 Advertisements
    • 35 22 k ffiyfcpg^ NEW ROYAL OAK IN EXCELLENT SHAPE Sole Distributor Service Centre: AUDEMARS PIGUET (SINGAPORE) PRIVATE LIMITED \B B 341 River Valley Road #01-01 Singapore *****2 Tel: 6238 6678 Fax: 6238 6676 1^ Internet: Http://www.audemarspiguet.com
      35 words

  • FINANCE & COMMODITIES
    • 368 23 In local curr In S$ In USS %dy %yr dy yr dy yr Index Change Change Change Change Change Change Jul 9 World Index Preliminan 959.0 0.7 -15.3 0.6 -18.0 0.9 -13.3 EAFE Preliminai 907.7 1.4 -19.0 1.4 -19.5 1.7 -14.9 Euro[ Preliminan 1231.4 1.8
      368 words
    • 131 23 As at 9am Jul 10 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2930 1.3080 .an dollar 1.3380 1.3540 Euro 2.1290 2.1550 NZ dollar 1.0220 1.0450 iterlini ind 2.6820 2.7120 US dollar 1.3530 1.3690 Local dollars to 100 units of foreign
      131 words
    • 175 23 JulW $S Offer Bid Overnight 1/2 1-monfli 15/16 2-months 1 1/16 3-months 1 5/32 Overnight mode: 7/16 US$ Offer 3/8 13/16 15/16 1 1/32 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months $Au 2.50 2.65 2.85 2.95 3.25 3.30 3.40 Offer
      175 words
    • 25 23 Jul 10 ten Hii Sett STI IIMSCI Jul 351.5 354.1 352.2 "aiwan Jul 265.5 270.9 267.4 Source: MF Global (S) He. Ltd
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    • 21 23 JulW SS Bid Offer 1-month 1.3578 1.3595 2-months 1.3559 1.3577 3-months 1.3543 1.3561 6-months 1.3493 1.3513 Source: OCBC
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    • 155 23 JulW Against SS Currencies Bid Offer Against US$ Bid Offer S$fUS$ to one unit of foreign currency: Australian dollar 1.3045 1.3062 0.9592 0.9594 Canadian dollar 1.3428 1.3446 0.9874 0.9876 Euro 2.1389 2.1415 1.5727 1.5729 NZ dollar 1.0264 1.0279 0.7547 0.7550 jterlini 2.6865 2.6899 1.9754 1.9757 US dollar
      155 words
    • 349 23 JulW OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES SepO8 DecO8 MarO9 JunO9 97.105 *****0 0 0 ***** m 3293 EUROYEN FUTURES SepO8 99.145 99.145 DecO8 99.120 99.120 MarO9 99.075 99.075 JunO9 98.960 98.985B SepO9 98.905B DecO9 Mar10 Jun10 99.145 99.120 99.065 98.960 99.145 99.100 99.045 98.950
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    • 277 23 Jul 10 tUBBER Futures (Closing prices) !SS 1 (S cents/kg) flonth High Low Close Sett Volume (tonnes) Open Interest <\ug 08 >ep 08 3d 08 Mov 08 Dec 08 Ian/Mar 09 434.50 431.50 428.50 429.25 429.00 430.00 RSS 3 (US cents/kg) Month Hig g|i Low Sett Volume (tonnes)
      277 words
    • 101 23 Jul 9 (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Jul OS 1578.00 1561.00 1583.00 1567.25 Aug 08 1572.00 1549.00 1574.00 1553.00 Sep 08 1564.75 1538.00 1567.00 1541.00 Nov 08 1557.00 1529.50 1560.00 1532.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low lul 08 63.78 63.38 63.90 63.50
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    • 74 23 CRUDE OIL PRODUCTS Jul9 origin^ t/barrel Close Cham irent blend (1-Mth F) 137.07 0.34 WTI (Near Mth) 135.71 -0.18 iubai (1-Mth F) 133.86 -3.08 "apis blend 146 -3.1 i/linas 143.1 -3 >RODUCT JS$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 130.00 170.20 -2.32 -2 US$/barrel )pec Oil Basket Price 135.21
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    • 464 23 Jul 10 AS Rmb Euro HKS IndRsRu Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound us: lustralia 0.971 6.566 0.610 7.485 41.338 87.958 1.028 9.619 3.115 1.271 68.269 43.768 1.305 7.358 0.989 29.180 32.300 0.486 0.959 Canada 1.029 6.758 0.628 7.704 42.552
      464 words
    • 90 23 Jul 10 TREASURY BILLS Period Issue code Maturity Yesterday's Bid Day's High Low 3-Month BQ*****S 09.10.08 1-Year BY*****N 04.05.09 0.42 0.73 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's jh Low Hi, 2-Year N5O51OOF 2.625 5-Year N *****0V 1.625 7-Year N*****0S 2.875 10-Year NY*****A 4.000
      90 words
    • 126 23 Jul 10 /oz) -Jong Kong .ondon 927.30 921.40 928.30 922.40 Jul 09 Jul 08 925.55 914.40 926.75 915.40 Source: Reuters CAST BAR (SS) Jul 10 Buying Sellini Kilobar "43,631.39" ***** PAMP GOLD BARS (SS) Sellinq Buying gm jam Ogrn !0gm JOgm OOgrn oz ozUBS Kinebar™ 97.37 277.13 495.41
      126 words
    • 75 23 Jul 10 (US$) (SS) 2.***** 0.***** 6mths 1.***** 9mths 1.***** 12mths 1.***** 1 mth 2 mths 2.***** 1.***** 3 mths 2.***** 1.***** 6 mths 9 mths 12 mths 3.***** 3.***** 3.***** 1.***** 1.***** 1.***** SWAP Mid rates (S$) 1 yr 1.***** 2yrs 2.***** 3yrs 2.***** 4yrs 3.***** 5yrs 3.*****
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    • 62 23 JulW KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Month Range Price Price Hi Vol Open Done Position Low Jul 08 3450 Aug 08 3494 SepO8 3511 Oct08 3510 Total o/p: ***** contracts 3468 3465 3445 3500 3500 3455 3511 3516 3464 3503 3526 3475 Turnover: 7764 Market
      62 words
    • 63 23 Jul9 Co iri iiuiii, yy.i (US$/tonne) Close Previous :ash 3140.20 3095.8I months 3190.00 3145.01 Copper, Grade A (US$/tonne) :ash months 8376.00 8210.00 8365.0I 8200.0I .ead (US$/tonne) :ash months 1787.00 1790.00 1617.01 1630.01 lickel (US$/tonne) :ash months *****.00 *****.0I *****.00 *****.0I 'in (US$/tonne) :ash *****.00 *****.01 months *****.00 *****.01
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    • 77 23 Jul9 :OCOA (Btonne) Close Prev Hii ih/Low Jul 08 1618 1619 1624/1604 SepO8 1558 1564 1569/1546 Dec 08 1543 1549 1553/1530 Mar 09 1521 1527 1530/1510 COFFEE (US$/tonne) Close Pev High/Low Jul 08 2368 2361 2376/2350 SepO8 2301 2302 2317/2280 Nov08 2263 2258 2268/2239 Jan 09 2215 2207 2226/2195
      77 words
    • 3732 23 BONDS WARRANTS Fel Zode Com| Last Sale Vol Conv Exer +or- ('000) Ratio Price Disc Gear- Mths ing Left >am >058 Advance Modules GrpW*****3 >036 Advance SCT Ltd W*****9 ArianeCorp Ltd W*****9 J092 Asia Environment W*****4 1481 Asia Water Tech Ltd W*****0 3816 #Asiasons Capital Ltd WO***** i756 Asiatic Grp
      3,732 words

  • Page 24 Advertisements
    • 2787 24 The Business Times m Shipping Times H VMV a^^f^fflWffyffTOffinBTBB r WAN HAI INTERNATIONAL PTE LTD CR NO: **********0/R ±*M 111 ■■■^SlaL&SfMffi^rSnS^^nilH %TTT^\ ■■■>>■ ■■>■ TEL *****588 (14 LINES) FAX: *****163 M MmjW^-^f*******^ mm^AM KtWJalWwBmWK!iWMSrfa \\\N 1 WAN HAI INpX Cu«l<>'ner Servke/Bookings Direct line (1800) *****200 m^ mm A rflllllHiyil I
      2,787 words

  • Page 25 Advertisements
    • 3283 25 ftk RICKMERS-LINIE I I Tjrgn EASTERN CAR LINER. LTD I flit £J®3S^ I Regular Break-Bulk/Project/SOC Conventional Services website: www.rickmers.com I 111 E» I SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS I cniirniii r USA Service H WbbKLY bXrnboo bAIUNIi oLHbUULb Vessel I Vov SIN I ALT I HOU I
      3,283 words

  • Page 26 Advertisements
    • 5083 26 I II- J A MnCDCtSn Tel: 65-*****907 Fax: *****917 I >^™ PSll H la H B H A^P£ R£^y i.a^.^M—^.iasssawr. gwry navigation group I »^;«HIII!BIWiHPiiPIiIiHM MMI Hi NORTH WEST EXPRESS LINE ®,£*m%k<*% «WS*l L^Q MONTHLY SERVICE TO WESTERN AUSTRALIA AND ISLANDS [lilts a» ABBIVaL Halts SINCE 1970 ■■■H SI IVESSEL
      5,083 words

  • CLIPPER ROUND THE WORLD RACE
    • 1148 27 Main sponsor Keppel Corp and race partner STB promote their brands and values to a global audience, reports VINCENT WEE NOW that the Clipper 07/08 Round the World Yacht Race is finally over and all the 10 yachts are safely back in home port, it is perhaps
      I PHOTOS: ONEDITION  -  1,148 words
  • Page 27 Advertisements
    • 6 27 S^juF"-i''"jjbi i-»^ ""_.T-'. J^,t rt V
      6 words
    • 65 27 This series on Uniquely Singapore's adventures in the Clipper 07-08 Round the World Yacht Race is brought to you by h^mi THE BUSINESS TIMES Business Times journalist Vincent Wee, who did a circumnavigation on Uniquely Singapore Clipper in the 2005-2006 race and reported from onboard the boat in the first
      65 words

  • BOOKS
    • Important lives, influential deeds
      • 556 28 The Man Who Loved China By Simon Winchester HarperCollins Pages: 265 Price: 5535.95 excl GST Rating: A+ NUDIST, morris dancer, polygamist, multilinguist, chain-smoker, commu-nist-sympathiser and all-round genius. A fascinating story that would have been consigned to obscurity if it were not for Simon Winchester's vividly accessible biography.
        556 words
      • 546 28 Dinner with Mugabe By Heidi Holland Allen Lane Pages: 280 Price (w/o GST): 5549.50 Rating: B+ AN ordinary man. Those are the words Robert Mugabe uses to describe himself in Heidi Holland's biography of Zimbabwe's first and after the recent election fiasco current president. Surely obscene
        546 words
      • 555 28 Einstein His Life and Universe By Walter Isaacson Simon Schuster Pages: 551 Price: 5525.60 w/GST Rating: A AMID the plethora of Albert Einstein biographies in the market, Einstein: His Life and Universe stands out not only because it was the first following the unsealing of Einstein's
        555 words
    • 769 28  -  CHEAH UI-HOON By THOSE who have taken a course or two in university would know that anthropology books are not the most entertaining reading in the world. Though you'd think they would be given the whole premise of anthropology being the study of people,
      769 words
    • 530 28  -  CHEAH UI-HOON Rogue Raider: The Tale of Captain Lauterbach and The Singapore Mutiny By Nigel Barley Monsoon Books Pages: 295 Price: $25.15 (with GST) Rating: B- By IT started as a joke. A bad one. The way anthropologist/novelist Nigel Barley sees it, back in
      530 words

  • PURSUITS
    • 621 29 SUN FESTIVAL The lifestyle festival incorporating music, visual arts, literature, film, wine, cuisine and wellness has doubled its events the second time round, reports CHEAH UI-HOON THE Singapore Sun Festival returns for the second year, and among the world premieres in its music
      621 words
    • 495 29  -  CHRISTOPHER LIM GAMING By SURVIVAL-HORROR computer games are a class in themselves, with high-profile titles like Resident Evil and Silent Hill spawning movies and books. The genre basically involves you wandering around creepy environments and having monsters jump out to scare you witless. Typically,
      495 words
    • 966 29  -  N KYONG WINE By FEW wine drinkers know that the noblest white grape varietal in the world is the Riesling. Riesling wines are above all "terroir" wines, possessing that unique quality of faithfully conveying the "terroir" characteristics of their vineyards. They are also
      966 words
  • Page 29 Miscellaneous
    • 324 29 CRYPTIC CROSSWORD 1 Drug involves girl in basic L^J——^J——^J——^J——^M——^J——^J——^—J changes (8) jflj Mj M| lfl| llflj Iflj 6 Quietly uplift with applause f^\ 9 Ruined, becomes used to it I^H |H| fc^ HI rm r^ ii n n n 10 Christmas present drawer i I j I I 11 Matrimonial
      324 words

  • ARTS
    • 688 30 Unique Gaudi displayed in black white Photographer Laurentius Lav depicts the Spanish architect's breathtaking works, casting light on their construction and form, says CLARISSA TAN THE buildings of Antoni Gaudi their organic shapes, whimsical embellishments and sheer breathtaking neo-Gothic craziness aren't easy to capture with a camera. You may get
      688 words
    • 309 30  -  CLARISSA TAN By< FERNANDO Botero's Reclining Woman doesn't look easily moved, but very soon she will be taking to the streets of Singapore. Along with other prized sculptures by Jean Dubuffet and Robert Indiana, she is now lying in wait at the Helutrans warehouse in
      JOHN HENG  -  309 words
    • 751 30  -  CHRISTOPHER LIM By WHEN it comes to themed music festivals, it's easy to throw together a bunch of pieces with nominal similarities and declare grand consistency. Themes, however, only truly make sense when individual elements throw light on one another in a way that wouldn't
      751 words
    • 555 30  -  JOSEPHINE CHEW By WATCHING Mama's Wedding feels a lot like attending a family affair. The intimacy of the 110-seater theatre is particularly suited for its content you feel almost as if you're part of the Eurasian family drama unfolding before you. And like any family function,
      555 words
  • Page 30 Miscellaneous
    • 529 30 artsBEAT Omega's Olympic milestones "^M^^^t 113-year relationship with China. THE art of horology wffl take Tl I>^%M Timepieces from those 75 years wffl be on .•,.,,t.vst,:.,.,tn, M^,-snrst W '^'^^^]U^'^^^f U ,5 JEkW B9b Omega made way back in 1898, and the Olympic Exhibition m Singapore. KlyP M ,/a PU Racend
      529 words

  • ENTERTAINMENT
    • 583 31 CINEMA John Woo's Red Cliff is overly busy, badly bloated and ultimately flawed, says GEOFFREY EU ATCHING Red Cliff, action director John Woo's big-budget historical epic about a storied incident that took place during the Warring States period in Han Dynasty China in 208 AD,
      583 words
    • 502 31  -  GEOFFREY EU By ONE of the more humorously successful comic book adaptations in recent years is back for seconds this superhero season in the form of Hellboy II: The Golden Army, which re-acquaints us with the quirky, paranormal adventures of the gun-slinging little devil we
      502 words
    • 476 31  -  JAIME EE DVD REVIEW By IF you're the kind of movie fan who wish you could rewind the action on screen so you can catch dialogue or bits of the plot that you didn't catch, Vantage Point is your kind of movie.
      476 words
    • 612 31  -  CHRISTOPHER LIM CD REVIEW We Satellites Electrico Warner Rating: B+ i hold a wish for you aspidistrafly Kitchen Rating: B+ By ONE of the trophies of commercial music success is a record deal with one of the four major labels. Another garland is high-profile gigs. Local
      612 words
  • Page 31 Advertisements
    • 707 31 M^Wal W7m Charge 554,000 to your DBS PLATINUM P H a^L^ NTASY (HNLF) "slB9B* /—F 'I iIwMHII HPI 111 Credit Card to receive a Ss2o Petrol Voucher ■■Z^^^X^^XT"^ Wa^Jv *--J w/flUm kI W^^mtJflK^L*V^^m FU" payment of at least 5*4. 000 must be charged to a DBS PLATINUM Credit Card dkTplatinum
      707 words

  • executive lifestyle
    • 572 32 off the cuff jaime cc SO here I am, the world's most famous maker of statutory declarations, invited by my fans in Singapore to give a talk on how to make the most shocking declarations that will knock the socks off anybody, especially those whom the
      572 words
    • 1640 32 Foreign ownership of a local festival like SlNGfest can pull it away from our shores, reports CHRISTOPHER LIM COME the first weekend of August, thousands of people will groove to world-famous acts like The Pussycat Dolls, Travis and Alicia Keys performing live at SlNGfest. But not
      FILE PHOTO [  -  1,640 words
  • Page 32 Miscellaneous