The Business Times, 27 March 2009

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Total Pages: 32
1 32 The Business Times
  • 19 1 THE BUSINESS TIMES ssi .oo online at http://www.businesstimes.com.sg mm a Singapore press holdings publication coregnnoi9B4o2B6Be mica(p)l97/08/2008 Friday, March 27,2009
    19 words
  • 657 1  -  CHUANG PECK MING Promotions for Teo Chee Hean, Lim Hwee Hua in Cabinet reshuffle By [SINGAPORE] Defence Minister Teo Chee Hean has been promoted to Deputy Prime Minister in Cabinet changes that will also see a woman appointed as a full minister for
    657 words
  • 768 1  - US$ dodges the bullet but still under fire LARRY WEE Geithner's remark stokes debate on its status as world's main reserve currency By [SINGAPORE] The US dollar's status as the world's main reserve currency came into sharp focus when a casual remark by US Treasury Secretary Tim Geithner on Wednesday
    768 words
  • MARKETS DIGEST
    • 47 1 lursi lay lange 1 COMP 885.47 +6.66 IIKKEI225 8,636.33 +156.34 IANG SENG 14,108.98 +486.87 ;et index 439.40 +2.48 JAKARTA COMP Closed Closed 1ANILA COMP 1,988.26 +48.72 ;eoulcomp 1,243.80 +14.78 ;henzhenb 347.53 +5.63 IUMBAI IND 10,003.10 +335.20 12 noon EDT Cham )OW 7,809.39 +59.58 IASDAQ 1,560.84 +31.89
      47 words
    • 29 1 Bloomberg SINGAPORE 5.38 MALAYSIA 5.53 HONG KONG 5.00 INDONESIA 16.051 TAIWAN 4.826 JAPAN 1.475 KOREA 9.33 BRITAIN 0.50 US 3.25 CANADA 2.50 SWITZERLAND 0.52 INDIA 12.25 Source:
      Bloomberg  -  29 words
    • 42 1 IS$ (S$ per US$) 1.507 (US$/S$ per 1.460 2.200 :URO (US$/S$/E) 1.358 2.047 Foreign currency per US$ S$ 'EN 98.00 65.00 3.626 2.406 IK$ 7.750 5.143 !AHT 35.36 23.47 lUPIAH 11,530 7,652 lENMINBI 6.832 4.534 INDIAN RUPEE 50.61 33.58 1.428 0.947
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  • Page 1 Advertisements
  • Page 1 Miscellaneous
    • 64 1 UMNO ELECTIONS %Hk COMPANIES BET* WINE @^^L BOOKS MuhyiddinYassin set to become SlAEngg's Gulf Air |f Return of the Cool look at Malaysia's Deputy PM I contracts top US$ 100 m dessert wine neighbourly ties PAGE 14 |^fc^ t PAGE6 fcg%ig4i^ PA GE 29 —uf (ift PAGE 30 Hotting up
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  • TOP STORIES
    • THREE-MINUTE DIGEST
      • 69 2 US$ dodges bullet but still under fire THE US dollar's status as the world's main reserve currency came into sharp focus when a casual remark by US Treasury Secretary Tim Geithner briefly sent the greenback tumbling. The dollar slid as much as 1.3 per cent against the euro within 10
        69 words
      • 49 2 DEFENCE Minister Teo Chee Hean has been promoted to Deputy Prime Minister in Cabinet changes that will also see Lim Hwee Hua elevated to Minister in the Prime Minister's Office the first woman to become a full minister in Singapore. FRONT PAGE
        49 words
      • 71 2 THE US yesterday unveiled a sweeping overhaul of the financial system in an effort to prevent a repeat of the banking crisis. Treasury Secretary Timothy Geithner told lawmakers the changes are needed to fix the flaws exposed by the financial crisis. "To address
        71 words
      • 70 2 MANUFACTURING output sank for a fifth straight month in February, falling 22.4 per cent from a year earlier but marginally beating market expectations of a 23 per cent decline. Industrial production figures released by the Economic Development Board yesterday also pointed to a
        70 words
      • 53 2 DEFAULTS have soared among rubber traders after prices plunged and demand crashed as the industry struggles to cope with the steepest recession since World War 11. And to help ease risks, the Singapore Exchange is offering its over-the-counter clearing platform to the rubber market. TOP
        53 words
      • 56 2 IN one of its biggest maintenance deals with any single offshore client, SIA Engineering Company has clinched a three-year fleet management programme with Gulf Air, bringing to more than US$lOO million the total value of the services for the carrier's current
        56 words
      • 58 2 CITY Developments Ltd sold about 60 apartments at its 336-unit project The Arte at Thomson last weekend. The developer said yesterday that the average selling price was $880 per sq foot. It released 100 units during the "private preview" and will
        58 words
      • 49 2 SINO-ENVIRONMENT Technology Group, responding to queries by bondholders, said in an announcement yesterday that the terms of the financing agreements between its biggest shareholder and a hedge fund manager threatening to force-sell its shares are confidential and cannot be disclosed. COMPANY NEWS, PAGE 9
        49 words
      • 67 2 START-UP companies are feeling the full force of the economic downturn, with 90 per cent reporting slower sales and 10 per cent suffering order cancellations, a study has found. But the third annual DP Information-ACE Start-up Enterprise Survey also found that start-ups are taking
        67 words
    • 480 2 -AP It's a rewrite of the rules and not a tinkering at the margins, he says [WASHINGTON] The US yesterday unveiled a far-reaching overhaul of the financial system in an effort to prevent a repeat of the banking crisis that toppled once-mighty institutions
      -AP  -  480 words
    • 683 2  -  CHEW XIANG By in Guangzhou, China THE Chinese authorities should maintain "stringent supervision" over their companies that list in Singapore, Senior Minister Goh Chok Tong said yesterday. Mr Goh said that he had suggested to officials in Guangdong province that they could work with
      TRACY QUEK/THE STRAITS TIMES  -  683 words
    • 421 4  -  TEH SHI NING sth straight-month fall led by shrinking electronics and biomedical sectors By [SINGAPORE] Manufacturing output sank for a fifth straight month in February, falling 22.4 per cent from a year earlier but marginally beating market expectations of a 23 per cent
      421 words
    • 443 4  -  SIOW LI SEN By [SINGAPORE] Defaults have soared among rubber traders after prices plunged and demand crashed as the industry struggles to cope with the steepest recession since World War 11. And to help ease risks, the Singapore Exchange (SGX) is offering its over-the-counter clearing
      443 words
    • 465 4  -  ONG BOON KIAT By [SINGAPORE] The Republic had been considered as a possible location for an upcoming multi-billion dollar fab plant by new chipmaker Globalfoundries, but its parent Advanced Micro Devices (AMD) gave the nod to New York when plans were mooted
      465 words
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      173 words

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    • 186 3 'W^^^^^^^^^^^^WBm 111 El -tf Tg B• 111 I I I V B se> fyiai ■-■'■'s;-'-«u ss^A ...Lj^—._. jm iggf. n i*a^^C^^.k~^ in nil Ik i® gg^j BtHsP^ f^'^\\ y^^^^r y '1 J J—.— 1 J^^*^" J '<:'■"* For more information please visit www.porsche.com.sg Goes all the way on the first
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  • Page 4 Advertisements
    • 1546 4 V*l7 -lrTs^rr>T^T*'ri To"free: 180°-289-8822 V IVIII L W Email: notices@sph.com.sg JL V^-/ JL JL^^ 1' kj www.cats.com.sg YLmnmm ZHENYUN PLASTICS INDUSTRY FUJIAN ZHENYUN PLASTICS INDUSTRY CO., LTD (Incorporated in the People's Republic of China) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the
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    • 381 4 The current global economic meltdown has affected businesses worldwide and governments across the globe are taking concerted efforts to address this unprecedented crisis. Are there any tax strategies that can be adopted to improve a company's bottomline? Attend our 2-day seminar and learn from our panel of tax experts who
      381 words

  • Page 5 Advertisements
    • 60 5 Novv serving at branches I V THE ASIAN BANKER' v EXCELLENCE IN i RETAIL FINANCIAL SERVICES iIAWARDS 2009 Best Retail Bank in Singapore THE ASIAN BANKER' THE ASIAN BANKER P EXCELLENCE IN P EXCELLENCE IN i I RETAIL FINANCIAL SERVICES 1 RETAIL FINANCIAL SERVICES IIAWARDS 2009 'l J AWARDS 2009
      60 words

  • COMPANY NEWS
    • 351 6  -  UMA SHANKARI By CITY Developments Ltd (CDL) sold about 60 apartments at its 336-unit project The Arte at Thomson last weekend. The developer said yesterday that the average selling price was $880 per sq foot (psf). It released 100 units during
      351 words
    • 420 6  -  ft^ YEN SREENIVASAN SIA unit wins 3-year maintenance deal, adding to 2008's USs2lm contract By IN one of its biggest maintenance deals with any single offshore client, SIA Engineering Company (SIAEC) has clinched a three-year fleet management programme (FMP) with Gulf Air, bringing to
      420 words
    • 786 6  -  R SIVANITHY THE Singapore Exchange (SGX) has had to deal with a bit of criticism in the local press over the past week for launching a new product known as an Extended Settlement (ES) contract, which is essentially an exchangetraded futures contract
      786 words
    • 359 9  -  CONRAD TAN Company says terms between CEO and hedge fund confidential Reports by SINO-ENVIRONMENT Technology Group has said that the terms of the financing agreements between its biggest shareholder and a hedge-fund manager threatening to force-sell its shares are confidential and cannot be disclosed. In an announcement
      359 words
    • 201 9 CHINA Enersave is trying to persuade creditors to give it six months to restructure its finances, including selling some assets, after it defaulted on more than $200 million of debt. The company, which builds and operates renewable energy plants, said last night a subsidiary
      201 words
    • 363 9  -  JAMIE LEE By WATER treatment company Hyflux got a nod of approval from OCBC Investment Research, which began coverage with a "buy" rating. The report joins the tune of positive calls on the stock this week, with analysts believing that Hyflux will benefit from the environmental
      363 words
    • 310 9  -  UMA SHANKARI By CAPITAMALL Trust (CMT), Singapore's largest real estate investment trust by market capitalisation, yesterday said that its $1.23 billion rights offer was over-subscribed based on initial tallies at the close of the rights offer on March 25. "Acceptances and excess applications have been received
      310 words
    • COMPANY BRIEFS
      • 39 10 OCEANUS Group has entered into a conditional agreement for a private-equity investment of US$25 million in the firm to expand its farms. The group is also in talks with other investors to raise another US$2O million.
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      • 39 10 OCEAN International said that it is taking steps to improve its financial position and obtain new financing after its auditors warned this week that its ability to remain a going concern could be in doubt.
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      • 49 10 GIVING an update on its capital structure review, Transpacific Industries Group said that discussions on a range of options with a number of potential cornerstone investors, its banking syndicate and overseas investors are continuing. While the discussions continue, the company's shares will remain suspended from trading.
        49 words
      • 48 10 ADVANCED Integrated Manufacturing Corp said that subsidiary Advanced Manufacturing Corporation Pte Ltd has been awarded a new contract with an estimated annual value of US$6 million, in addition to the existing contract from Honeywell International Inc. It is expected to contribute positively to earnings.
        48 words
    • 387 10  -  CONRAD TAN Eventual 75% stakes in road building equipment firms to cost 162 m yuan By SINGAPORE Technologies Engineering is buying majority stakes in two Chinese makers of road construction and maintenance equipment for a total of 162 million yuan (Ss36 million). ST
      387 words
    • 322 10  -  JAMIE LEE By KEPPEL Land expects to save up to $4 million in annual energy bill from completing six Green Mark certified projects. The property arm of conglomerate Keppel Corporation also aims to achieve at least Green Mark Gold rating from the Building and
      FILE PHOTO  -  322 words
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    • 2656 6 _L^l V^>/ J. Xv^-LjLJ Toll free: 1800-289-8822* Email: notices@sph.com.sg* www.cats.com.sg INTHEMATTEROF In 'he Matter of IN THE MATTER OF THE AVIVA INVESTORS THECOMPANIESACT.CAP.SO The Compander, Cap. 50 COMPANIES ACT (CAP. 50) Soci6te d'lnvestissement h Capital Variable (SICAV) INTHEMATTEROF In the Matter of IN THE MATTER OF Registered office: 34, Avenue
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      384 words


  • SINGAPORE MARKETS
    • 639 8  -  R SIVANITHY STOCKS The index surges 4% to 1,758.79, raising it from a 17% loss to a 0.7% gain so far this quarter HOPES that Wall Street will continue to believe in an economic turnaround yesterday combined with hefty doses of quarter-ending win-dow-dressing to
      : Bloomberg  -  639 words
    • 87 8 Up Down Unch Up Down Unch Up Down Unch lulti Ind 15 1 1 0 0 0 15 1 1 lanufacturing 69 23 65 10 74 27 75 Commerce 24 21 26 25 'pt/Stor/Comms 26 27 :inance 23 23 Construction 13 14 'roperties 29 29 lotels/Rsts jervices
      87 words
    • 113 8 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 30,298 30,298 91,988 91,988 lanufacturing 375,841 15,954 391,795 161,015 606 161,621 lommerce 95,173 13,263 108,436 95,843 1,664 97,507 'pt/Stor/Comms 153,250 333 153,583 217,609 19 217,628 :i nance 60,535 60,535 371,551 371,551 lonstruction 59,480 29,552 89,032 5,149 150 5,299 'roperties
      113 words
    • 104 8 lapitaLand 2.370 +0.170 lapitaMall 1.440 +0.160 jtyDev 5.290 +0.280 lomfortDelGrc 1.350 +0.030 losco Corp 0.840 +0.025 IBS Grp 8.740 +0.320 :&N 2.700 +0.200 ient Intl 0.490 +0.020 iolden Agri 0.300 +0.007 IK Land 2.260 IMH 18.820 +0.920 ISH 10.000 +0.290 lardineC&C 12.340 1.220 Ceppel Corp 5.390
      104 words
    • Article, Illustration
      916 8  -  CONRAD TAN Shipping trusts OCBC INVESTMENT RESEARCH, March 26 THE container shipping industry faces a major supply-demand imbalance. According to AXS Alphaliner, outstanding orders for new ships account for about 47.6 per cent of the existing fleet. This translates to a 12.9 per cent per annum growth in
      Bloomberg  -  916 words
    • 453 8 Reuters CURRENCIES [LONDON] The dollar steadied against major currencies yesterday after wild swings the previous day on US Treasury Secretary Timothy Geithner's comments on reserve currencies. New Zealand's dollar jumped around 2 per cent against the US dollar and yen as investors searching for yield
      – Reuters; REUTERS  -  453 words
    • 4 8 DAILY
      4 words
    • 55 8 CLOSE BT OB/OS 810.00+357.0 BT CADI -*****.00+204.0 BT 10-day MA -*****.00+81.00 FTSE ST Mid Cap 340.34+10.23 FTSE ST Small Cap 262.09 +8.62 FTSE ST All Share 415.80+15.32 FTSE ST China Top 152.80 +2.87 FTSE ST China 148.79 +2.29 UOB Catalist 67.47 +0.82 SIMSCI 213.40 +8.52 SIMSCI Futures
      55 words
    • 61 8 VOLUME Golden Agri 93,956,000 China Honqxinq 69,239,000 Capita Land 55,520,000 Chartered R 54,806,000 Noble Grp 45,069,000 Cosco Corp 41,924,000 UniFiber 34,759,000 Suntecßeit 32,321,000 Gent Intl 31,900,000 Sing Tel 30,877,000 VALUE(S) Capita Land 130,155,850 UOB 126,199,026 DBS Grp 108,332,330 OCBC Bk 82,389,170 Sing Tel 78,623,004 Keppel Corp 55,570,880
      61 words
    • 110 8 CLOSE UP DBXT FTChina25 10US$ 2094 147.6 4.9 IMH 1882 138.6 5.1 LD 10US$ 9206 129.5 0.9 lardine C&C 1234 122.0 11.0 lUE 999 109.0 12.2 China H 10US$ 1098 93.4 6.0 ICBC Bk4.5%NCPS 100 8120 60.0 0.7 DBS Bk6% NCPS 10 9850 50.0 0.5 ISH 1000 43.7 3.0
      110 words
    • 119 8 CLOSE DOWN 7820-126.5 -1.1 DBXT S&P Short 10US! UOB BNP ePW*****7 61 -32.5 -34.8 m 1950BNPePW*****9 46.5 -11.5 -19.8 Kej RBePW*****6 109 -11.0 -9.2 DBS BNPePW*****9 32.5 -7.0 -17.7 m 1700BNPePW*****9 15.5 -6.5 -29.5 m 1650 DBePW/*****1 21.5 -6.0 -21.8 m 1750 DBePW*****4 24 -6.0 -20.0 UOB BNP ePW*****8
      119 words
    • 84 8 Where S! stands Mar 26 CHNG CLOSE FRMar25 YR 2008/2009 S$ LOW S$ HIGH uss 1.5085 0.27 1.5579 1.3457 Euro 2.0454 -0.38 2.2064 1.8640 Pounds 2.2017 0.34 2.8431 2.0356 1.0587 -0.42 1.3251 0.9068 ren* 1.5369 0.60 1.7278 1.2619 Rupiah* 0.***** 0.27 0.***** 0.***** Baht* 4.2697 -0.21 4.4299 4.0190 Peso*
      84 words

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      132 words
    • 59 9 fei I B OARDROOM LIMITED Introducing... BR POLL For Efficient Shareholder Registration Scrutineering S High-speed registration vote tabulation S Electronically generated result reduces risk of miscalculation I I j S Large data-processing capacity "f Increased data reliability S Availability of audit trail for enquiries, please contact: Khor Yoke Kean David
      59 words
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  • Page 10 Advertisements
    • 1521 10 V*Z? riK^rT/nrr To"free: 180°-289-8822 IV 11| If L V Email: notices@sph.com.sg _L V^-/ A. -L V-^ i' k3 www.cats.com.sg pH^^i^^Sl THE BANK OF NOVA SCOTIA I (Incorporated in Canada with Limited Liability) Note: All figures quoted in Canadian dollars (millions) except per share amounts CONSOLIDATED BALANCE SHEET CONSOLIDATED STATEMENT OF
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    • 513 10 V^Z7 TTV^T/nrr Tollfree:1800-289-8822 v |\l II r^ Email: notices@sPflcom- s Q XA| V^>/ X .LVfc^ -1—( l 3 www.cats.com.sg WINMALL LIMITED (Company Registration No. *****1942K) (Incorporated in the Republic of Singapore) Notice to holders of the outstanding (i) 5573,000,000 Secured Floating Rate Class AAA Bonds Due 2011; (ii) 5586,000,000 Secured
      513 words

  • SINGAPORE NEWS
    • 447 11  -  MICHELLE YEO They are moving to protect their businesses, reassessing priorities By START-UP companies are feeling the full force of the economic downturn, with 90 per cent reporting slower sales and 10 per cent suffering order cancellations, a study has found. But the third
      447 words
    • 533 11  -  LEE U-WEN By LIKE it or not, globalisation is here to stay and the key to making it work is to have a sound understanding of different faiths around the world, former British prime minister Tony Blair said yesterday. In
      CAROLINE CHIA/THE STRAITS TIMES  -  533 words
    • 254 11  -  ZHANG Yl TING By ACCENTURE opened its first Management Consulting Innovation Center (MCIC) yesterday at Fusionopolis. The centre differs from others because they are technology and IT-led, "while this place is absolutely about business issues and challenges", said Accenture partner Simon Jenkins. Singapore was chosen for
      254 words
    • 305 11 SPRING Singapore has set aside about $1 million to help companies comply with the European Union's (EU) Registration, Evaluation, Authorisation and Restriction of Chemicals (Reach) regulation. Companies have until Nov 30 next year to tap on the Reach Registration Assistance Pilot
      305 words
    • 409 12  -  WINSTON CHAI This year marks its first upward movement after a four-year slide By DESPITE winning repeated praise for its infocomm regulatory environment and strong government support for IT initiatives, Singapore failed to recapture the crown in this year's Global Information Technology
      409 words
    • 312 12  -  NISHA RAMCHANDANI Bj By TOURISM figures continued on a downward trend in February, with visitor arrivals falling 15.2 per cent year-on-year to 689,000. Visitor days were also down at 2.8 million days, a decline of 11.6 per cent. Indonesia (103,000), China (80,000), Australia (51,000), the
      312 words
    • 331 12  -  NISHA RAMCHANDANI By A HARD Rock Hotel will be one of four hotels to open at Resorts World at Sentosa (RWS) in the first quarter of 2010. Collectively, the four hotels will provide about 1,350 rooms. The other three slated to
      331 words
    • 332 12  -  JESSICA YEO By POLICYHOLDERS of participating life insurance policies can expect non-guaran-teed benefits to fall for 2008 and in the future, the Life Insurance Association (LIA) said yesterday. These benefits, which come in the form of bonuses, will be revised downwards due to the
      332 words
    • 232 12 THE Housing Development Board (HDB) yesterday launched a build-to-order (BTO) project at Punggol the second of the year after one launched at Woodlands in February. The 519-unit Nautilus Punggol, at the junction of Punggol East and Punggol Field, will have 413 four-room flats and 106 five-room
      232 words
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    • 213 11 Long BEACH!' a/"w JUi OA\ JADJAfJ i SEAFOOD ■ggr I ONG 3EACJ I <Qsfl F7 iflfn j# <- Mfl ft ,^/oin us in April as we welcome the freshest air-flown live seafood that hails from Canada's rich and abundant waters, surrounded by three oceans with the world's longest coastline. Now
      213 words

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    • 1549 12 W*27 rTA^rTinT^r To"free: 180°-289-8822 W ill Email: notices@sph.com.sg JL^I V*>/ JL I V,v 1 'y^ www.cats.com.sg I [SFB ROYAL BANK I I OF CANADA I Ys| FINANCIAL STATEMENTS FOR THE FISCAL YEAR ENDED OCTOBER 31, 2008 Consolidated Balance Sheets Consolidated Statements of Income (in millions of Canadian dollars) (in millions
      1,549 words

  • ECONOMY WATCH
    • 599 13 Reuters Panel adopts many of his priorities but wants to cut spending slightly [WASHINGTON] A key congressional committee on Wednesday approved a U553.45 trillion Budget framework for next year that embraces many of President Barack Obama's priorities but spends slightly less than he
      – Reuters; AFP  -  599 words
    • 478 13 Reuters IMF official warns against pullback of policies in 2010 [WASHINGTON] The world economy will not be able to start its recovery as expected in 2010 if countries withdraw fiscal stimulus too early, a senior International Monetary Fund official said on Wednesday. "We
      – Reuters  -  478 words
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    • 370 13 U a v k Jgßya^^^^^^^^M l|M \9^ocA6oiny X)edcli4^dy qS^uxi^ 97/eau/ XJeclclu^ Qj^o^ I^sl pSS l| 18 fh April 2009(2-4pm) 18th April 2009(6-9pm) A W&A j Jfer" W Hjk at MEGU Event Hall at MEGU Event Hall I fcJOyyi W f Located at the Singapore Flyer Located at the Singapore Flyer
      370 words

  • MALAYSIA
    • 446 14  -  S JAYASANKARAN He wins race for Umno deputy presidency by landslide margin of more than 600 votes By in Kuala Lumpur INTERNATIONAL Trade and Industry Minister Muhyiddin Yassin, 62, is set to become Malaysia's next deputy premier after he trounced challenger Muhammad Muhammad Taib
      REUTERS  -  446 words
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    • 4447 14 _L^l A. J_^^^ I > Toll free: 1800-289-8822 Email: notices@sph.com.sg www.cats.com.sg rfi^-j^ jsl t ft- 3 Xl INI KOON HOLDINGS LIMITED ItLUJIJI Company Registration No. *****3284 M W MCI LJ—^^^^ ARBN 105 734 709 111 J L NOTICE OF ANNUAL GENERAL MEETING NSL LTD. NOTICE IS HEREBY GIVEN that the
      4,447 words

  • GREATER CHINA
    • 428 15 Xinhua Global crisis has exposed some pitfalls of the present system [BEIJING] China's Finance Minister Xie Xuren urged on Wednesday for a full-scale reform of the global financial system to diversify international currencies, improve regulation and give developing countries a bigger say in economic
      – Xinhua  -  428 words
    • 307 15 Bloomberg [HONG KONG] Hutchison Whampoa Ltd, billionaire Li Ka-shing's biggest company, has posted a smaller decline in full-year profit than estimated, after narrowing losses at its mobilephone unit. Net income fell 42 percent to HK$l7.7 billion (553.5 billion), or HK$4.l4 a share, from HK$3O.6
      – Bloomberg  -  307 words
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    • 3349 15 JL^I V»>/ JL JL^^ JLj k3 Toll free: 1800-289-8822 Email: notices@sph.com.sg www.cats.com.sg d-\ MEGACHEM LIMITED m w WHI MeqaCherrT (Company Registration No.: *****3293 M) f fl/V/lfllDi If I f -Dfl (Incorporated In the Republic of Singapore) IT I V l\ IL^ 11 V_P l\^/ NOTICE IS HEREBY GIVEN that the
      3,349 words

  • INDIA
    • 160 16 -AFP [NEW DELHI] Inflation in India edged closer to zero, official data showed yesterday, raising fears of deflation and prompting expectations of a further cut in interest rates to spur the slowing economy. Annual inflation fell to 0.27 per cent for the week ended March 14
      -AFP  -  160 words
    • 313 16 IBM short-listed for 51 Satyam stake Reuters Bidders are concerned over the extent of fraud, customer losses and legal liabilities [BANGALORE] The board of Satyam Computer Services has short-listed about eight bidders, including IBM and private equity firm Apax Partners, for buying the fraud-hit company, The Economic Times said yesterday.
      Reuters; I I REUTERS  -  313 words
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    • 4126 16 X^l \*J A. A-^^J A-/ L- Toll free: 1800-289-8822 Email: notices@sph.com.sg www.cats.com.sg BH GLOBAL MARINE LIMITED Rll r nRA MAR M r i M iTPn (Incorporated in the Republic of Singapore) Dn ULUDHL mftniNE LI mi I CU (Company Registration No.: *****4900H) (Incorporated in the Republic of Singapore) (Company Registration
      4,126 words

  • ASIA-PACIFIC/WORLD
    • 571 17  -  RONNIE LIM Higher prices are needed to boost investment in oil, gas, renewables By [SINGAPORE] Oil prices need to rise over the longer term to spur production so that supply can meet demand when the eventual recovery comes, said International Energy
      571 words
    • 631 17  - The buck stops here or does it? LEON HADAR NEWS ANALYSIS By in Washington AGAINST the backdrop of next week's G-20 summit in London, several emerging economies led by China and Russia have been promoting the idea of halting the use of the US dollar as the main global reserve
      AFP  -  631 words
    • 255 17 -Reuters LATEST US DATA [WASHINGTON] The US economy shrank at its fastest pace since 1982 in the fourth quarter and corporate profits plunged a record US$l2O.l billion, pulled down by falling consumer spending and exports, government data showed yesterday. In another snapshot
      -Reuters  -  255 words
    • 293 18 AP [SAN FRANCISCO] IBM Corp plans to lay off about 5,000 US employees in a new round of job cuts. The move reflects IBM's aggressiveness in shifting labour to lowercost regions such as India and keeping its profits aloft at a time when
      AP  -  293 words
    • 654 18  -  ANTHONY ROWLEY Spore is among 4 to be hit hardest if recession in major markets deepens By in Tokyo THE "worst may be yet to come" for the Asia-Pacific region in terms of fallout from the global financial and economic crisis,
      654 words
    • 610 18 -Reuters He will likely ask for support for his plan to unlock credit [WASHINGTON] US President Barack Obama will tell bankers today that "we're all in the same boat" while pressing them to support his strategy to unlock credit markets ahead of next
      -Reuters  -  610 words
  • Page 17 Advertisements
    • 92 17 B^^a^H C^^^^HFMpFHBHVS ■IRES'' L .W SCS H -1 -^^E TUe coHcepHon o-P «nH <nw«nv<A-v^lvvHln^ l«Ae«n c«nn be «n tMiH^A-bog^Vivv^, cU<nllen^lH^ process. Fov cveoiHves w»U<j U«nve visen f c VUe K| ■T* occ«islo*v noun's Hve HiA^e fo cdebwd-e youv ejccepHovv^O UAe^i concepHovv journey sUltve by $üb»*uHt*^ youv best- newsp^ipev *u*s "^^T*
      92 words


  • AVIATION/SHIPPING
    • 476 19  -  YEN SREENIVASAN Bisignani also wants governments to be more supportive of the industry By THE global economic slump continues to squeeze the commercial aviation industry. The International Air Transport Association (lata) said yesterday global passenger numbers collapsed 10.1 per cent year-on-year
      BLOOMBERG  -  476 words
    • 275 19  -  YEN SREENIVASAN By GENERAL Electrics GEnx-2B engine that will power Boeing's new 747-8 aircraft has begun flight-tests. During its five-hour first flight on Monday, a single GEnx-2B engine demonstrated aircraft systems and instrumentation functionality, climbing close to 40,000 feet and establishing a
      275 words
    • 438 19  -  VINCENT WEE By THE economic downturn presents an opportunity for ports to upgrade and prepare for the rebound, but they will need to focus on changes in trade patterns and industry trends, delegates at the 9th International Association of Ports and Harbours Asia/Oceania
      438 words
    • 366 19 SAIC's Q4 profit soars 21 to US$120m on higher sales -AP [WASHINGTON] SAIC Inc, which makes systems for drone warplanes used for surveillance in Afghanistan, said on Wednesday its fiscal fourth quarter profit rose 21 per cent to beat Wall Street expectations, as a number of military contracts helped offset
      -AP  -  366 words
    • 448 19 Reuters [NEW ORLEANS] Rig contractors are finding the allure of deepwater oil and gas drilling harder to resist in the current slump, given that deepwater's longer lead times and massive budgets promise them smoother income flows. Experts say drilling to unprecedented depths is
      – Reuters  -  448 words
    • TRANSPORT STOCKS
      • 107 19 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KlVentures Keppel Corp MTQ Corp NOL Pacific Shipping Pan-United Corp Rickmers Man Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship Star Cruises 0.27 0.16 0.84 0.35 0.71 0.36
        107 words
      • 32 19 '000 lar nt'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings NeplineBhd 0.62 8.60 8.50 3.02 2.80 unch 0.02 0.10 unch unch unch unch 106 235 1005 358 15 0
        32 words
      • 7 19 '00 ■recious Ship 10.10 -0.10 3292
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      • 7 19 '000 toil 21.30 1.42 1244 -0.02
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      • 22 19 '000 Aboitiz Equity Intl Container Keppel Marine Keppel Prop 5.90 12.50 unch unch 0.20 0.50 unch unch 941 1150 0 0
        22 words
      • 22 19 Evergreen Marine ....15.35 :irst Steamship 40.50 /Van Hai Lines 15.60 fang Ming Marine...11.10 -0.05 -0.70 unch -0.05 15 8 3 32
        22 words
      • 36 19 '000 :awasaki Hyy Ind ..204.00 lawasaki Kisen 350.00 Mitsubishi Hvy 319.00 /litsuiEng&Sbldg...177.00 Mitsui Osk Lines 555.00 Jippon Express 337.00 JipponYusen 431.00 2.00 9521 9.00 7562 5.00 ***** 2.00 3449 -3.00 ***** 3.00 3881 6.00 8939
        36 words
    • 2578 19 AIRLINE CODES: AA American Airlines (AAL), AF Air France (AFR), Al Air India (AIC), AY Finnair Oy (FIN), AZ Alitalia Airlines (AZA), BA British Airways Public Ltd Co (BAW), BG Biman Bangladesh Airlines (BBC), Bl Royal Brunei Airlines Sdn Bhd (RBA), BO Bouraq Airlines (BOU), BR
      2,578 words

  • EDITORIAL & OPINION
    • 542 20 OVER the past month, we've witnessed the spectacle of the world's largest central banks throwing everything but the kitchen sink into tackling the worst economic crisis of our working lives. Rightly so. The good news is that it is starting to work where it's
      542 words
    • 922 20  -  808 YAP Whistle-blowing benefits organisations and strengthens their counter-fraud safeguards By IN May 2000, Harry Markopolos met the US Securities and Exchange Commission (SEC) to present a submission which alleged that Madoff Investment Securities LLC was either nothing more than a "Ponzi"
      AFP  -  922 words
    • 813 20  -  NICHOLAS D KRISTOF -NYT THE BOTTOM LINE EVER wonder how financial experts could lead the world over the economic cliff? One explanation is that so-called experts turn out to be, in many situations, a stunningly poor source of expertise. There's evidence that what matters
      -NYT  -  813 words
    • 1027 21  -  CHARLES LANSDEN Such sales by distressed owners will help to establish pricing benchmarks for potential investors and their lenders By HILE a gloomy mood prevailed at the Commercial Real Estate Finance/Multif amily Housing Convention Expo held last month in San Diego, California, one came away with
      AFP  -  1,027 words
    • 900 21  -  MARTIN HUTCHINSON, EDWARD HADAS RICHARD BEALES A FEW years ago, many people thought that companies should be dedicated solely to shareholder value understood as total return for equity holders. The crisis has shaken faith. No less a figure than Jack Welch, the longstanding General Electric
      AFP  -  900 words


  • SINGAPORE STOCKS
    • 8566 22 Transaction date: Mar 26 High Low Code Company Sale COOP) High Low Buyer Seller C'vr P/E $mil 9 3 3148 8Telecom 11 2.5 5834 A-Sonic 30.5 12 5000 ABR Hldgs 18 6 1938 AEI Corp 9.5 1 1100 AEM 25 7 2101 APOil 80.5 26.5 5550 ARA 8.5
      8,566 words
    • 1631 23 52-wks Tel ligh Low Code Company Last Sale Vol Day Last Quote Div Gr Yld Net ('000) High Low Buyer Seller C'vr P/E MCap Smil 20 5 1181 s AAGrp 32 13 8538 t APStrategic 4 0.5 1501 s Advanced System 14 2 3480 t Adventus 29.5 10.5
      1,631 words
    • 337 23 Hii Low Code Comi Sale fooo) Hii Low Big Seller Cvr P/E in.il 110 100 6389 ABFSG Bond ETF 107.8 982 427 CIMBAsean40 100US$ US484 +4 177 149 DBS STI ETF 100 177 +7 2094 1682 DBXT FTChina25 10US$ US2094 +98 DBXT FTVietnam 10US$ US1008 850 DBXTMSTaiwan 10US$
      337 words
    • 252 23 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 offer
      252 words
    • 9359 23 UNIT TRUSTS FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced FundlS 1.509/ AIGIF Spore Bond Fund/ A 1.207/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 0.7/ APS Alpha Fund (USD)!** 0.46/ APS Komaba Asset Mgt Pte Ltd APS Komaba Global Bond SGD 0.5083/ APS Komaba
      9,359 words
  • Page 22 Advertisements
    • 39 22 iyj /^p^J^ STILL IN EXCELLENT SHAPE /I |J Wumii- kJr lS^P^P*\ ■ff I"'^ #1 'wj£%j?f/':! fj jOF^-\i-i AvA" Le maitre de I'horlogerie depuis 1875 \,|?lml lii A^fij: li;': i i ;iS>j?tf r For enquiries, Tel (65) 6238 6678 www.audemarspiguet.com
      39 words


  • FINANCE & COMMODITIES
    • 379 24 In local curr In S$ In US$ %dy %yr dy yr dy yr Index Change Change Change Change Change Change Mar 25 World Index Preliminary 621.0 1.0 -8.4 0.8 -5.3 1.0 -9.6 EAFE Prel liminai 593.5 0.6 -8.6 0.3 -7.0 0.5 -11.2 Euroi Prelim inan
      379 words
    • 128 24 As at 9am Mar 26 Singapore dollars to one unit rf foreign currency: Currencies Bid Offer Uist dollar 1.0440 1.0770 .an dollar 1.2170 1.2340 luro 2.0350 2.0610 IZ dollar 0.8500 0.8700 iterlini 2.1820 2.2101 JS dollar 1.4990 1.5180 .ocal dollars to 100 units if foreign currency:
      128 words
    • 173 24 Mar 26 Offer Bid Overnight 1-month 2-months 3-months Overnight mode: 5/8 US$ 1/16 7/16 9/16 11/16 Offer PAR 3/16 5/16 7/16 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months $Au 0.60 0.65 1.20 1.50 2.00 2.20 2.30 Offer 0.40 0.55 0.90
      173 words
    • 25 24 Mar 26 ten H_ Sett STI IIMSCI Mar 205.6 213.9 213.5 "aiwan Mar 201.2 202.6 201.1 Source: MF Global (S) Pte. Ltd
      25 words
    • 21 24 Mar 26 Bid Offer 1-month 1.5064 1.5077 2-months 1.5062 1.5077 3-months 1.5061 1.5076 6-months 1.5057 1.5075 Source: OCBC
      21 words
    • 60 24 Mar 26 lelivery lonth Opening Sett Av Range Price Price Hii Low Vol Open Done Position Apr 09 2070 V1ay09 2019 lun 09 1996 Jul 09 1980 Total o/p: ***** contracts 2130 2107 2065 2070 2070 2010 2035 2035 1980 2019 2019 1958 Turnover: ***** Market tone: Higher
      60 words
    • 292 24 Mar 26 URODOLLAR FUTURES un09 >ep09 Dec09 vlarlO 98.7500 98.7400 98.5750 98.5050 6713 2631 2687 2238 EUROYEN TIBOR FUTURES Iun09 99.400 99.410 iep09 99.440 99.440 Dec09 99.430 99.430 vlarlO Iun10 >ep10 DedO vlarll 99.400 99.435 99.425 99.410 99.435 99.430 99.415 99.355 99.295 99.250 99.165 1001 20 *****
      292 words
    • 185 24 Mar 26 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Month High Low Close Sett Volume (lots) O/l (lots) Apr 09 May 09 150.5 Jun 09 Jul 09 Aug 09 Sep 09 150.5 152.0 152.5 152.5 152.0 152.0 152.0 60 20 20 788 713 811 1069 746 720
      185 words
    • 86 24 Mar 26 Period Issue code Maturity Yesterday's Bid Hii Day's |h Low 3-Month BQ*****H 25.06.09 1-Year BY*****V 02.11.09 0.34 0.45 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid His Day's igh Low 2-Year N*****0E 3.125 5-Year NX*****Z 2.250 7-Year N*****0S 2.875 10-Year NY*****A 4.000 15-Year NY*****X
      86 words
    • 102 24 Mar 2S\ SOYBEANS (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low May 09 951.00 967.00 971.00 948.00 Jul 09 946.00 963.75 967.75 943.00 Aug 09 927.00 945.00 945.00 925.00 SepO9 895.00 912.50 908.50 893.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low May 09 33.37 33.27 33.62 32.52
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    • 75 24 CRUDE OIL PRODUCTS Mar 25 origin) USS/barrel Close Cham Brent blend (1-Mth F) 52.34 -0.29 WTI (Near Mth) 52.61 -0.94 Dubai (1-Mth F) 50.36 -0.04 Tapis blend 54.45 -0.40 Minas 53.40 -0.40 PRODUCT USS/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 50.50 62.50 1.60 1.10 USS/barrel Opec Oil Basket Price
      75 words
    • 462 24 Mar 26 AS CS Rmb Euro HKS IndRsRu Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound us: Australia 0.860 4.785 0.516 5.429 35.446 80.762 0.687 9.321 2.539 1.213 56.351 33.699 1.056 6.610 0.786 23.682 24.768 0.480 0.700 Canada 1.163 5.567 0.600 6.316
      462 words
    • 76 24 Mar 26 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 1.***** 0.***** 6 mths 1.***** 0.***** 9 mths 1.***** 0.***** 12 mths 2.***** 0.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 1.***** 3 mths 1.***** 6 mths 1.***** 9mths 1.***** 12 mths 2.***** SWAP Mid
      76 words
    • 158 24 Mar 26 Against SS Currencies Bid Offer Against USS Bid Offer S$IUS$ to one unit of foreign currency: Australian dollar 1.0546 1.0563 0.7002 0.7007 Canadian dollar 1.2271 1.2287 0.8147 0.8151 Euro 2.0454 2.0475 1.3580 1.3582 NZ dollar 0.8686 0.8710 0.5767 0.5778 Sterlini ind 2.1988 2.2011 1.4598 1.4601
      158 words
    • 142 24 Mar 26 GOLD (USS/oz) Mar 25 Mar 26 Hong Kong London 921.20 931.10 922.20 932.10 Mar 24 Mar 25 922.90 929.00 924.10 930.20 Source: Thomson Reuters CAST BAR (S$) Mar 26 Buying Sellini Kilobar "48,825.17" ***** PAMP GOLD BARS (S$) Selling Buying 1gm 5gm 10gm 20gm 50gm 100gm
      142 words
    • 69 24 Mar 25 Aluminium, 99.7% purity (USS/tonne) Close Previous Cash 1378.50 1373.75 3 months 1417.00 1412.00 Copper, Grade A (USS/tonne) Cash 3 months 3924.25 3965.00 3935.50 3975.00 Lead (USS/tonne) Cash 1280.50 3 months 1294.00 1271.00 1284.00 Nickel (USS/tonne) Cash 3 months 9507.00 9600.00 9663.00 9750.00 Tin (USS/tonne) Cash *****.00
      69 words
    • 72 24 Mar 25 (£/tonne) Close Prev Hii ih/Low May 09 1920 1921 1927/1888 Jul 09 1890 1884 1896/1860 Sep 09 1867 1863 1872/1835 Dec 09 1834 1832 1838/1810 COFFEE (USS/tonne) Close Pev High/Low Mar 09 1553 1556 1548/1539 May 09 1569 1576 1577/1556 SUGAR (US tonne) White Close Prev High/Low
      72 words
    • 2414 24 BONDS, WARRANTS EXTENDED SETTLEMENT Pel lode Company Last Sale Prem Expiry Vol Conv Exer Disc Gear- Mths +or- ('000) Ratio Price ing Left '058 Advance Modules Grp W*****3 6 susp >036AdvanceSCTW*****9 0.5 1 17 156 1.50 1 87 2088 8.00 41 17 )092 Asia Environment W*****4 0.5 1481 Asia Water
      2,414 words

  • Page 25 Advertisements
    • 2659 25 m The Business Times Shipping Times VfPfl BJ^B^BffHTffim^ffffinßnß WAN HAI INTERNATIONAL PTE LTD UEN:*****4695M V^^Z t^^P^f BY ItiM SfiJEcSf raaarofflxl %TCvi\ iaialvi uai i imfc TEL:*****588 (munesj fax:6224H63 t^T^^^^l^B EhKBS \\^^B I WAN HAI INCj PKL TEL: <03) *****883 FAX: (03) *****288 PEN TEL: (04) *****00 FAX: (04)*****99 |S|^l^^U^^^KUy^^^^9 HpflyfiSSgHpSllS
      2,659 words

  • Page 26 Advertisements
    • 3376 26 B^9HBBIBI^B9IH^I I Inn eastern car liner, ltd i nil sj^as^ I If-s—-1 specialize in roro heavy lift UPTO 450 tons~| WEEKLY EXPRESS SAILING SCHEDULE I _B_Ul_M_K_tf_J_fl_H_l_H_l_y_aM_l_i_a_l_J_l_y_yi_Ml_d_*_H_ll_i_^ I POSITIVE PIONEER 35 IQQ 27/03 ~29/03 ~30/03 ALSO ACCEPTING CONTAINERS TO ALL NORTHERN AND WESTERN INDIAN ICD POINTS IDICI I GOLDMENAM 92 40
      3,376 words

  • Page 27 Miscellaneous
    • 295 27 CRYPTIC CROSSWORD ACROSS 5 Not one of the Magi, just a 1 He has a fling at the airport (8) smart alec (4,3) 6 One source of a writer's mate- 6 A bit of land is granted to a rial (6) tenant (5) 9He reduces growth of fruit, 7He made
      295 words
    • 511 27 Conquest of the Condors THEY have zipped through the galaxy and conquered Jupiter. Now they are embarking on an even more perilous quest. Condors (above) are here on the island again, this time to conquer Mars! Coming in all shapes and sizes and dressed in identical school uniforms, they will
      511 words

  • Page 28 Advertisements
    • 40 28 tablat THE HEARTBEAT OF THE INDIAN COMMUNITY Pussycat Dolls fIL sing their < way up the charts with J Slumdog hit '^k And who among India's Power Madams Sonia, V Mayawati and A Jayalalithaa will sing come May 16? W. Jj
      40 words

  • Page 29 Advertisements
    • 211 29 A MPI fc^ I m Professional Portfolio Management r^W I I Valuations, Exit Strategies, If If J ™[j Storage Solutions 7Jhe Highest Qualify Investment Grade Wines The Best Prices in Asia WHAT MAKES A WINE "INVESTMENT GRADE"? INVESTMENT CRITERIA #5: VINTAGE QUALITY It takes just the right growing conditions to
      211 words

  • Page 30 Advertisements
    • 821 30 I^^^^S" I Come Walkabout Australia Bm7!F_F-C7VST73 l*l^UlUilllilJlA£liill|iHll]lidi2J *w*U^J |T^T9Q_WffPl^^OT Sydney/Melbourne/Perth/Gold Coast/ WK MMMMMMMMMMMMMMMMMiMiMMM^I'J-ra'l U'llltllll'tlf Afit «,<t3flß INSIGHT VACATIONS/TRAFALGAR EUROPE/ AW^^AWm Thi *»__N r- «r- AJAA* C«_l«„*«„l JlfcatA. 2 nights stay with b.eakfasi ,r *JWO CONTIKI HOLIDAYS/UTC HOLIDAYS M **MMW 1 IP I3D BangkOk Free EaSY frsl99 Selected destinations VHI .ChoLofONEWalkaboutExperience
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  • executive lifestyle
    • Something special
      • 489 32 Quincy 22 Mount Elizabeth Tel: 6738-5888 www.quincy.com.sg IN the current market, perhaps all that a hotel needs to cut itself a slice of the tight customer pie is a single tool: an all-in-one pricing system. That's the way Far East Organization sees it, and that is
        489 words
      • 569 32 Citadines Singapore Mount Sophia 8 Wilkie Road #01-26 Wilkie Edge Tel: 6593-8188 www.citadines.com I "HERE'S a silver lining to the economic downturn for major hospitality players who hold the reins to brands of different tiers. One such player is the Ascott Group, for whom
        569 words
      • 642 32 Rolling out the red carpet all the way Capella Singapore 1 The Knolls Sentosa Island Tel: 6377-8888 www.capellasingapore.com EVEN as many hoteliers are reining in the luxuries and counting their dollars, one new project is rolling out the Rolls-Royces for its guests in a bid to stay competitive in the
        642 words
    • ARTS
      • 731 27 Indonesian artist Stefan Buana's Wake Up! is a satire of images inspired by current social and political issues, reports EMILYN ANG m ESTERN-STYLE democracy isn't a term usually associated with Indonesia. This country of over 240 million has weathered a turbulent past of Dutch colonialism, communism, separatist upheavals
        731 words
      • 516 27  -  AMANDA DE GUZMAN By WITH its striking black and white sets, the weaving of strains from a string quartet, and not to mention, the all-male cast, Wild Rice's production of The Importance of Being Earnest is certainly the most arresting local rendition of Oscar Wilde's
        516 words
      • 415 27  -  AMANDA DE GUZMAN By AFTER spending eight years abroad in places like London and New York, artist and advertising planner Dawn Ng decided to return in September last year. "I came back because a lot of friends came back and they told me
        415 words
    • MOVIES
      • 657 28 Gran Torino is the latest in a series of films that focus on truth, justice and the Eastwood way, says GEOFFREY EU HE MAY be pushing 80 but when it comes to the movies, Clint Eastwood still knows how to go ahead and
        657 words
      • 395 28  -  AMANDA DE GUZMAN By AS yet another frothy confection that mixes couture and amour, the much-antic-ipated Confessions of a Shopaholic is full-blown chick flick that makes a halfhearted attempt at a morality tale that cautions against consumerism. Based on the series of the same
        395 words
      • 494 28  -  GEOFFREY EU By IN the summer of 1985, a Japan Airlines jumbo jet crashed in a mountainous region of Japan, claiming 520 lives and precipitating a massive recovery operation and round-the-clock news coverage. Climber's High takes the worst accident in the
        494 words
      • 367 28  -  CHRISTOPHER LIM DVD REVIEW By IF you stopped following TV series Smallville a few seasons back, the Season 7 DVD box set is just the thing to get you hooked again. Don't worry too much about plot spoilers, because the many stunning revelations in Season
        367 words
      • 389 28  -  GEOFFREY EU By FANBOYS has an original premise that is loaded with comic potential: four Star Wars-obsessed 20-some-things in 1998 embark on a road trip from deepest Ohio, headed for Skywalker Ranch, the California headquarters of Star Wars director George Lucas. Their mission is
        389 words
    • MEDIA/WINE
      • 801 29 US production company, New Regency, buys made-in-Singapore comic Freedom Formula's film rights, reports CHRISTOPHER LIM Freedom Formula: Ghost of the Wasteland, a comic series made in Singapore, is now well on its way to being mentioned in the same breath as Watchmen, Sin
        801 words
      • 1032 29  -  N KYONG By FIVE recent dinners have given me hope that the neglected dessert wine may be making a long overdue comeback. Dessert wines have been conspicuously absent from the menus and wine lists of dinners over the past two decades. There has been good
        1,032 words
      • 356 29  -  CHRISTOPHER LIM By THE mantra to buy when no one is buying definitely applies to wine, which has gathered visibility in recent years as a sound investment alternative to potentially flimsy financial products. In this recession, there are some great values to be had
        356 words
    • GAMING/BOOKS
      • 562 30 Grand Theft Auto IV is even better with The Lost And Damned, says CHRISTOPHER LIM WHAT do you do when you've created worldwide controversy with a game and blamed for encouraging theft and depravity in youth? Why, create even more controversy, of course. If you
        562 words
      • 360 30  -  CHRISTOPHER LIM Hold Tight By Harlan Coben Signet Pages: 385 Price: $15.90 Rating: B- By PACE is everything when it comes to a thriller, and Harlan Coben regulates the pulse perfectly in his tech-no-suspense novel Hold Tight. The basic premise is simple enough.
        360 words
      • 460 30  -  CHEAH BOON KHENG Across The Causeway: A Multi-Dimensional Study of Malaysia-Singapore Relations Editor: Takashi Shiraishi Publisher: Iseas, Singapore: 2008 Pages: 276 Price: $39.90 Rating: A Byl DESPITE their occasional spats over a range of issues, Singapore and Malaysia have become interdependent and complementary to one
        460 words
    • COVER STORY/MUSIC
      • 631 31 Hotelier Ted Fang wants to create a new breed of hotels to target independent-minded travellers, reports MELISSA LWEE THE next big thing in the hotel industry is something which will be coined "designer hotels", or so believes hotelier Ted Fang. And that's exactly what
        ARTHUR LEE  -  631 words
      • 377 31  -  CHRISTOPHER LIM MOSAIC FESTIVAL By "I REALLY wasn't sure if I should sing more of my new songs since my first solo record was out in 2006, but my new album isn't out yet," Skye Edwards says during an interview session in between her
        377 words
      • 353 31  -  UMA SHANKARI By MELANIE Pain is best known for being one of the main voices of French new-wave band Nouvelle Vague, but last Saturday the singer proved that her upcoming solo effort has the legs to stand on its own. Nouvelle Vague has made waves with its loungey,
        353 words
      • 345 31  -  AMANDA DE GUZMAN By ON March 23, it was reported that the Malaysian authorities detained N.E.R.D after their performance, on the grounds that they failed to procure the proper permits from the Unity, Culture, Arts and Heritage Ministry. After their exhilarating, fly or die spectacle
        345 words
      • 444 31  -  CHRISTOPHER LIM CD REVIEW Mind How You Go Skye Cordless Recordings Rating: A Who Let The Cats Out? Mike Stern Heads Up Rating: B+ Poseidon And The Bitter Bug Indigo Girls Vanguard Rating: B Skeletal Lamping Of Montreal Polyvinyl Records Rating: B By
        444 words
  • Page 32 Miscellaneous