The Business Times, 10 July 2009

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Total Pages: 30
1 30 The Business Times
  • 23 1 THE BUSINESS TIMES Ssl.oo online at http://www.businesstimes.com.sg Sf^l A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 197/08/2008 Friday, July 10,2009
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  • 703 1  -  EMILYN YAP Ministry says proposed change aimed at giving certainty and is not a move against property speculation [SINGAPORE] Has the market worked up a storm in a teacup over a suggested change to income tax laws on gains from property sales?
    703 words
  • MARKETS DIGEST
    • 48 1 lursi lay lange 1COMP 1,065.68 +0.21 IIKKEI225 9,291.06 -129.69 IANG SENG 17,790.59 +69.52 ;et index 581.99 +6.12 JAKARTA COM P 2,083.97 +0.73 IANILACOMP 2,473.85 +11.86 ;eoulcomp 1,430.89 -0.13 ;henzhen b 510.67 +6.75 IUMBAI IND 13,757.46 -11.69 12 noon EDT Cham )OW 8,168.74 -9.67 IAS DAI 1,754.71 +7.54
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    • 27 1 SINGAPORE 5.38 MALAYSIA 5.55 HONG KONG 5.00 INDONESIA 16.277 taiwan 4776 JAPAN 1.475 KOREA 933 BRITAIN 0.50 CANADA 2.25 SWITZERLAND 0.52 |ND|A 75 Source: Bloomberg
      Bloomberg  -  27 words
    • 44 1 IS$ (S$ per US$) 1.45: (US$/S$ >er£) 1.615 2.35 1 ;URO (US$/S$/E) 1.395 2.03' Foreign currency per US$ 'EN 93.30 64.0I 3.562 2.44: IK$ 7.750 5.31 !AHT 34.07 23.31 lUPIAH 10,155 6,96. lENMINBI 6.833 4.681 INDIAN RUPEE 48.83 33.41 1.276 0.87' 1.584 1.081
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  • 585 1  -  VEN SREENIVASAN USs74sm contract will reinforce its Mid-East presence [SINGAPORE] In a development that elevates it to the big league, mainboardlisted Rotary Engineering has won a whopping US$745 million contract to build a tank farm at the giant Jubail oil terminal in
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  • Page 1 Advertisements
  • Page 1 Miscellaneous
    • 35 1 P^ BLUESKY PP^I .1g»ll MUSIC WINE FESTIVAL 2009 3 If ~~a WhenDJs Wine-tasting Supporting entrepreneurship !li=M St- f ,/ylßt- s Pm goes high-tech PAGES 16 &17 J| J &J PAGE 29 PAGE 25 Back Page
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  • TOP STORIES
    • 692 2  -  VIKRAM KHANNA COMMENTARY More clarity needed on proposed refinement and about the tax itself THE Ministry of Finance (MOF) has sought public feedback on certain proposed amendments to the Income Tax Act. One of these, which has received much publicity over the
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    • 383 2 Bloomberg LATEST US DATA 1 [WASHINGTON] Inventories at US wholesalers fell in May for a ninth straight month as an increase in sales helped distributors get rid of some of their excess supply. The 0.8 per cent decrease in stockpiles was smaller than forecast and
      – Bloomberg  -  383 words
    • THREE-MINUTE DIGEST
      • 63 2 THE Ministry of Finance clarified yesterday that the suggested change to income tax laws on gains from property sales is unlikely to lead to more individuals being taxed. This is actually "a relaxation of income tax treatment aimed at giving certainty of
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      • 44 2 ROTARY Engineering has won a US$745 million contract to build a tank farm at the giant Jubail oil terminal in Saudi Arabia. Work on the project starts next month and completion is due at end-2012. FRONT PAGE
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      • 55 2 THE heart of the matter is that even under the amendment, the provision for a property gains tax remains on the books. The fact that it was already there is news to some people, especially as it has apparently been very sparingly
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      • 45 2 CHINA will expand about 8 per cent this year, the State Information Centre (SIC), said yesterday, the latest in a series of broadly bullish reports reflecting the growing momentum of the world's third-largest economy. TOP STORIES, PAGE 3
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      • 59 2 SINO-Environment Technology Group has defaulted on convertible bonds worth $149 million. The news sent its stock spiralling south after its morning trading halt was lifted. It dived as much as 28.6 per cent to 7.5 cents before ending the day 14.3 per cent or 1.5
        59 words
      • 51 2 PRIME Trade Enterprises has completed the purchase of 8.93 per cent of Thakral Corporation from Babcock Brown Securities Singapore, according to regulatory filings yesterday. Babcock Brown sold its entire stake of 233.3 million shares off-market at four cents a share. COMPANY NEWS, PAGE
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      • 61 2 HAVING to "deal" with government permits has emerged as the biggest bugbear for business entities in Singapore, in line with poll findings across nations that form Apec (Asia-Pacific Economic Cooperation). Apec's Business Advisory Council, or ABAC, had conducted the survey to rank the
        61 words
      • 59 2 ECONOMIC reports and forecasts released on Wednesday suggested that the decline in European economic activity had stabilised, at least for now. A report prepared by three leading European economic institutes said that while the region's prospects remained subdued, the contraction was expected to be less
        59 words
      • 62 2 REPORTERS of Britain's biggest-selling Sunday newspaper paid private investigators to hack into the mobile phones of thousands of high-profile figures, The Guardian alleged yesterday. Government ministers, actors, singers, football stars, models and novelists were among those targeted by the News of the World, a keystone
        62 words
      • 88 2 AN Air France pilots' union has accused French and European air safety bodies of failing to prevent the crash of flight AF447 by ignoring warnings about faulty speed probes, in a letter published on Wednesday. Speculation has swirled on the
        88 words
    • 449 3 Reuters [NEW YORK] Japan could be one step closer to intervening in the foreign exchange market for the first time in five years as a soaring yen further jeopardises the country's chances of pulling out of recession. Growing unease about the global
      – Reuters  -  449 words
    • 586 3 Reuters Economy has started to rebound, but recovery trend not assured, it says [SHANGHAI] China will expand about 8 per cent this year, a leading think-tank said yesterday, the latest in a series of broadly bullish reports reflecting the growing momentum of the
      – Reuters; AP  -  586 words
    • 382 3 J\^ V_^ LAJ_ 11V LJV7XLALXV7XX -AFP, AP Suspicion falls on North Korea or its supporters [SEOUL] South Korea went on high alert yesterday as a third wave of cyber attacks hit the country, blocking or impeding access to official and private websites, amid
      J\^ V_^ LAJ_ 11V LJV7XLALXV7XX -AFP, AP  -  382 words
  • Page 2 Advertisements
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    • 1474 2 Toll free: 1800-289-8822 Email: notices@sph.com.sg www.cats.com.sg IN THE MATTER OF IN THE MATTBi OF THE COMPANIES liN T HE MATTER OF THE COMPANY I I IN THE MATTER OF THE COMPANY THE COMPANIES ACT, CAP. 50 and' ACT, CAP. 50 AND IN THE MATTER OF ACT, CAP. 50 AND IN
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  • Page 3 Advertisements
    • 153 3 I jFV Branii.Xv. I tf^V T% V^ V. Plarpy by JP Pepperdine Each Steak we serve is sufficient for an Average Adult's Daily Requirement of Iron(Fe), Sodium(Na) and Protein. Set Lunch from $9.20" Set Dinner from $16.00" WHM ■i-FfSkML §Kf^^ W^. -Resume your shopping spree t&mtA P J§ after enjoying
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      121 words

  • COMPANY NEWS
    • 493 4  -  LYNETTE KHOO Shares dive; breach of interest condition among events triggering problem SINO-ENVIRONMENT Technology Group yesterday disclosed that it has defaulted on convertible bonds (CBs) worth $149 million after certain conditions under the bond agreement were not met. The news sent its stock spiralling downwards
      493 words
    • 339 4  -  LYNETTE KHOO Company cites 'matters relating to a major event' for suspension CHINA Merchants Property Development Co (CMPD), which is listed on the mainboard of the Singapore Exchange, yesterday suspended trading of its shares, saying it is "making preparation for significant event which
      339 words
    • 387 4  -  VINCENT WEE NEPTUNE Orient Lines (NOL) said yesterday its liner arm APL is not obliged to implement rate rise guidelines suggested by the Transpacific Stabilisation Agreement (TSA). "There is no assurance that APL can successfully implement the quantum of freight rate
      BLOOMBERG FILE PHOTO  -  387 words
    • 887 5  -  R SIVANITHY T IS tempting to call for inI creased regulation in the aftermath of the collapse of the structured products segment. For sure, more needs to be done to protect the public interest and to ensure investment scandals are minimised. But when it
      887 words
    • 294 7  -  CHEW XIANG Chairman's deemed stake in company rises to 25.48% with the latest deal PRIME Trade Enterprises has completed the purchase of 8.93 per cent of Thakral Corporation from Babcock Brown Securities Singapore, according to regulatory filings yesterday. Babcock Brown sold its entire
      294 words
    • 374 7  -  RONNIE LIM CEO: Tie-ups with China refineries part of growth strategy CHINA Aviation Oil Singapore (CAOS) which has tied up with a second Chinese refinery to buy jet fuel and other oil products to sell in international markets is discussing more such deals. "We
      374 words
    • 207 7  -  JOYCE HOOI CSE Global announced yesterday that its subsidiaries have clinched four contracts in the Middle East worth a total of $45 million. Two of those projects involve designing and installing telecommunications network and security surveillance systems for the downstream oil and
      207 words
    • COMPANY BRIEFS
      • 76 7 MIDAS Holdings said its aluminium alloy division, Jilin Midas Aluminium Industries Co Ltd, has been awarded the International Railway Industry Standard (Iris) certification. Jilin Midas is the first company in China to receive the Iris certification for its category, Midas said. Promoted by the European
        76 words
      • 90 7 CACOLA Furniture International said its wholly owned subsidiary, Cacola Holdings, has received a statutory demand dated July 6, 2009, from the solicitors of IW Asset Management, claiming for the full payment of HK521.39 million (Ss4 million) and interest. It stated that if payment is
        90 words
      • 103 7 Bloomberg SINGAPORE Technologies Engineering plans to sell US$5OO million of 10-year bonds, according to a person with direct knowledge of the transaction. The notes will be priced to yield 1.5 percentage points more than similar-maturity US Treasuries, said the person. The company
        – Bloomberg  -  103 words
    • 323 7  -  UMA SHANKARI WHEN it comes to Asian property stocks, buy in China, take profit in Singapore and be selective in Hong Kong and India, Nomura Research is advising investors. The strength of Asian property stocks was one of the big surprises in the
      FILE PHOTO  -  323 words
    • 275 7 Reuters [BANGKOK] Total Access Communication, Thailand's second-largest mobile phone operator which is listed in Singapore, said it would cut 2009 spending on marketing by 20 per cent to control costs at a time of slow subscriber growth. But strong growth in data
      ■ Reuters  -  275 words
  • Page 4 Advertisements
    • 2138 4 >^»' _L^l _I_ J-^^J I -i Toll free: 1800-289-8822 Email: notices@sph.com.sg www.cats.com.sg Wll I A^ APPAV™ W ILL/\O"/\KK/\T AS|A DEKQR HOLD|NGS L|M|TED (Incorporated in Bermuda) Willas-Array Electronics (Holdings) Limited NOTICE OF SPECIAL GENERAL MEETING (Incorporated in Bermudawith limited liability) NOTICE IS HEREBY GIVEN that a Special General Meeting of Asia
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    • 378 4 A SATS IN THE MATTER OF Ii i THE COMPANIES ACT, CAP. 50 AND INTHEMATTEROF INTHEMATTEROF SCHOOL ZONE PTE LTD COMPANIES ACT, CAP. 50 (COMPANY NO: *****7560 C) SUPERTRAMP MARITIME PTE LTD (COMPANYNO: *****1511 D) SHINMEI ELECTRIC (S) PTE LTD SINGAPORE NAGAI PTE LTD REG aOl M (COMPANY NO: *****0966K)
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  • Page 5 Advertisements
    • 626 5 JLJ HOLDINGS LIMITED (Incorporated in Singapore on 18 March 2009) (Company Registration Number *****4797H) Placement of 19,000,000 Placement Shares comprising 16,000,000 New Shares and 3,000,000 Vendor Shares at 550.27 for each Placement Share, payable in full on application. The Board of Directors of JLJ Holdings Limited (the "Company") is pleased
      626 words
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  • SINGAPORE MARKETS
    • 540 6  -  R SIVANITHY STOCKS Rises by property heavyweights CapitaLand and City Developments added eight points A REBOUND in property stocks and a spillover of volatility from Hong Kong were the main features of trading yesterday in an overall firm session that ended with the Straits Times Index
      540 words
    • 93 6 Up Down Unch Up Down Unch Up Down Unch lulti Ind 12 1 2 0 0 0 12 1 2 lanufacturing 61 35 55 10 65 39 65 Commerce 25 15 16 27 21 17 'pt/Stor/Comms 27 28 :inance 18 18 Construction 12 13 'roperties 22 12
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    • 114 6 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 12,990 12,990 44,690 44,690 lanufacturing 170,381 10,436 180,817 130,154 490 130,644 lommerce 57,620 5,581 63,201 71,455 3,189 74,644 'pt/Stor/Comms 118,626 146 118,772 225,057 29 225,086 :i nance 29,144 29,144 207,384 207,384 lonstruction 57,214 1,326 58,540 15,593 20 15,612 'roperties
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    • 104 6 lapitaLand 3.500 +0.120 lapitaMall 1.390 +0.010 jtyDev 8.310 +0.430 lomfortDelGrc 1.320 losco Corp 1.170 +0.010 IBS Grp 11.540 +0.200 :&N 3.600 +0.150 ienting SP 0.705 +0.025 iolden Agri 0.320 +0.025 IK Land 3.320 -0.060 IMH 26.640 1.140 ISH 14.460 -0.040 lardineC&C 18.860 +0.420 Ceppel Corp 6.710
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    • 948 6  -  CONRAD TAN Singapore banks DMG PARTNERS SECURITIES, July 9 WE are "neutral" weight on the banks. Banks' share prices have risen sharply since the March lows, and this has factored in a strong Vshape economic recovery. Current indicators, however, do not suggest the economic recovery will be Vshaped.
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    • 425 6 -AFP CURRENCIES [TOKYO] The US dollar edged up against the yen in Asia yesterday a day after hitting a near five-month low, as markets weighed a warning from world leaders that "significant risks" remain to the economy. The US dollar was changing hands
      -AFP; AP  -  425 words
    • 4 6 DAILY
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    • 62 6 Jul 9 VALUE CLOSE IT OB/OS -455.00 +7.0C IT CADI -*****.00+143. IT 10-day MA -*****.00 -46.0' TSE ST Mid Cap 511.35 +7.3 TSE ST Small Cap 410.84 +5.7. TSE ST All Share 560.50+10.91 TSE ST China Top 235.22 +4.2 TSE ST China 229.49 +3.3 TSE ST Catalist
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    • 59 6 VOLUME Golden Agri 159,841,000 GoldenAqri R 59,048,000 Gentinq SP 45,810,000 Sing Tel 43,098,000 Capita Land 42,199,000 Straits Asia 26,417,000 5T***** DBePWO9IOOI 23,704,000 CapitaComm 21,360,000 Ezra 17,648,000 UniFiber 16,948,000 VALUE(S) Capita Land 145,702,790 Sing Tel 136,299,370 CityDev 82,995,890 UOB 52,304,560 DBS Grp 50,713,668 SGX 48,675,880 Golden Agri 48,511,765
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    • 100 6 CLOSE UP IMH 2664 166.2 4.5 ICBCCai 5.1%NCPS 100 9530 60.0 0.6 :iTYDEV.ES.0907 832 49.0 6.3 :it 831 43.0 5.5 lardine C&C 1886 42.0 2.3 DBXT MSTaiwan 10US$ 1330 37.9 2.0 UOB 1450 32.0 2.3 UOB 5.05%NCPS 100 9830 30.0 0.3 Kei Con i.ES.0907 677 27.0 4.2 ICBC Bk
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    • 117 6 DBXT FTChina25 10US$ CLOSE DOWN 2617-193.9 -4.8 GLD 10US$ 9004 -67.1 -0.5 DBXT S&P Short 10US$ 7048 -46.6 -0.5 leCW*****5 41 -16.5 -28.7 Wilmar 516 -11.0 -2.1 Olam.ES.0907 228 -9.0 -3.8 HKLand 332 -8.8 -1.8 DBS DB eCW*****4 26.5 -6.5 -19.7 SGXMBLePW*****5 15.5 -6.5 -29.5 STI 2350SGAePW*****9 52.5 -6.5
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    • 85 6 Where S$ stands Jul 9 CHNG CLOSE FRJul 8 YR2009 S$ LOW S$ HIGH USS 1.4579 0.12 1.5579 1.4308 Euro 2.0351 -0.16 2.0732 1.9150 Pounds 2.3555 -0.11 2.4051 2.0356 AS 1.1440 0.44 1.1816 0.9453 Yen* 1.5631 -0.87 1.7278 1.4831 Rupiah* 0.***** -0.44 0.***** 0.***** Baht* 4.2779 0.12 4.3390 4.1040
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  • Page 7 Advertisements
    • 554 7 J SATS IN THF MATTFR OF MATTER OF THE COMPLIESACTJCKAPTER 50) THE COMPAN'« ACT 'CAP'SO Awn ainw ANL) IN THE MAHER OF IN THE MATTER OF FAY MANUFACTURING PTE LTD LSPMANA6EHENTPTE.LTD. CO. REG NO *****0284Z Company Registration No. *****4613G (IN CREDITORS'VOLUNTARY (IN MEMBERS' VOLUNTARY LIQUIDATION) LIQUIDATION) At an Extraordinary General
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    • 11 7 ~^m 'if' I ,TMtfjH\4l9 L^ #m V fflhorized Dealer __lH'" LI
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  • SINGAPORE NEWS
    • 426 8  -  JOANNE TANG Apec asks members to rank regulatory area most in need of improvement HAVING to "deal" with government permits has emerged as the biggest bugbear for business entities in Singapore, in line with poll findings across nations that form Apec (Asia-Pacific Economic
      426 words
    • SINGAPORE ROUNDUP
      • 38 8 THE Ministry of Law proposes to enact a Coroner's Bill on death reporting, investigation and coronial inquiries to make such inquiries more factual in nature. Currently, a Coroner's Inquiry is quasi-criminal.
        38 words
      • 46 8 MORE than 400 people made history yesterday with the completion of Singapore's longest reading marathon it lasted 144 hours. The event is part of READ! Singapore 2009 by the National Library Board, which aims to develop a love for reading fiction.
        46 words
      • 46 8 TEMASEK Foundation has committed $891,000 to support a training programme to boost technical education in Liaoning, China. Under the programme, which is co-funded by the Liaoning Education Department, Nanyang Polytechnic International will train personnel from 12 technical colleges over two years.
        46 words
    • 347 8  -  ZHANG Yl TING YTL Hotels incoming president James Mcßride has set his sights on global expansion to enlarge the company's footprint and further bolster its operations in the next two to three years. Starting Aug 10, Mr Mcßride will head YTL Hotels, the hospitality
      347 words
    • 194 8 THE Urban Redevelopment Authority (URA) yesterday launched a public tender for a hotel site in New Bridge Road. The 0.45 ha site, which went on the reserve list in April 2007, was made available after a developer triggered its release with a
      194 words
    • 228 8  -  BRANDON CHEW STANDARD Chartered bank yesterday renewed its title sponsorship of the Standard Chartered Marathon until 2012. Stanchart, which has sponsored the annual event since 2002, will spend $10 million on sponsorship and promotion over the next four years. Registration fees and prize money
      228 words
    • 341 8  -  ZHANG Yl TING DESPITE global economic woes, the JEC Asia Composites Show is set to return bigger and better this year. To be held at Suntec Exhibition Centre over three days in October, the event will cover 24,000 sq ft of floor space
      FILE PHOTO  -  341 words
    • 305 8  -  MICHELLE YEO WOMEN Enterprise Workz (WEworkz) a co-operative that equips women from low-income families with skills to work from home or work part-time to supplement family income and gain some financial independence has introduced three new initiatives. The schemes were launched on Wednesday as
      305 words
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  • ECONOMY WATCH
    • 680 9 -NYT Leading economic bodies see slower declines ahead, but prospects still dim [PARIS] Economic reports and forecasts released on Wednesday suggested that the decline in European economic activity had stabilised, at least for now. A report prepared by three leading European economic institutes said that
      -NYT; BLOOMBERG  -  680 words
    • 175 9 Reuters [WASHINGTON] The US budget deficit climbed to an estimated US$l.l trillion during the first nine months of the 2009 fiscal year, the US Congressional Budget Office said on Wednesday. The non-partisan budget analysis for Congress showed that receipts last month were an estimated
      – Reuters  -  175 words
    • 678 9 Bloomberg [NEW DELHI] India's wholesale prices fell for a fourth straight week, ahead of a government increase in fuel costs that may rekindle inflation pressures in coming months. The benchmark wholesale-price index declined 1.55 per cent in the week to June 27
      – Bloomberg  -  678 words
    • 492 9 -AP [WASHINGTON] For nearly a year, the question has vexed Washington and Wall Street: What do we do with all these impaired mortgage investments? The answer still, it seems, is wait and hope. After months of back-and-forth with the banking industry, the Obama administration on
      -AP  -  492 words
  • Page 9 Advertisements
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    • 1261 9 MATS X^l^-X JL JL^^ JLj kj Toll free: 1800-289-8822 Email: notices@sph.com.sg •www.cats.com.sg Tu.r™™^ 1?™. I IN THE HIGH COURT OF THE ZzCoT oESSZSSr™ PACIFIC ANDES (HOLDINGS) LIMITED national starch chemical In the Matter of (Incorporated in Bermuda with limited liability) (Singapore) pte ltd the Companies Act (Cap 50) (IN MEMBERS'
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  • MALAYSIA
    • 137 10 Bloomberg [KUALA LUMPUR] Malaysia is assessing US concerns that banks in the South-east Asian nation might be used to process financial transactions by North Korean entities developing nuclear arms and missiles. A US delegation this week returned from Malaysia and China after seeking
      – Bloomberg  -  137 words
    • 386 10 Bloomberg Figures boost optimism that worst of manufacturing slowdown is over [SINGAPORE] Malaysia's industrial production fell the least in six months in May, boosting optimism that the worst of the manufacturing slowdown may be over for South-east Asia's thirdbiggest economy. Production at
      – Bloomberg  -  386 words
    • 491 10  -  PAULINE NG Declines in business environment, border administration cited MALAYSIA turned in a mixed performance in the Global Trade Enabling Report 2009, making strides in the area of market access but falling behind in business environment and border administration. According to
      AP  -  491 words
  • Page 10 Advertisements
    • 2065 10 A WATS (G) \SOR/ SINGAPORE WINDSOR HOLDINGS LIMITED Registration No. *****5764Z (Incorporated in Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the members of the Company will be held at 8 Wilkie Road #03-01 Wilkie Edge Singapore *****5 on Tuesday, 28 July
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    • 1044 10 nqtices^ IRiTMP 11! I IN THF MATTFR OF THF I IN THE MATTER OF THE I MW^\^M H cSMpINTrACT°CA Tp H5O COMPANIES ACT CAP 50 l I W~f* I AND IN THE MATTER OF iknuc lii™. nc I IN THE MATTER OF THE COMPANIES ACT, CAP. SO niwmni^TrOTim BNPPARIBAS FUTURES
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  • GREATER CHINA/INDIA
    • 337 11 Bloomberg [NEW YORK] Billionaire George Soros called China "a positive force" that will help drive growth as the world emerges from the current economic crisis. "For China, the crisis is something affecting them from the outside," said Mr Soros, 78, in a
      Bloomberg; REUTERS  -  337 words
    • 446 11 Reuters [NEW DELHI] An arms corruption scandal is threatening to delay India's US$3O billion plan to modernise its military to counter security threats on its borders, official said on Wednesday. The scandal, involving seven companies being investigated for paying bribes to win contracts
      – Reuters  -  446 words
    • 680 11 AFP But excluding IT, the worst could be over for several companies, they say [MUMBAI] As Indian firms prepare to post their earnings for the June quarter, analysts warn most reports will be weak but expect an improvement in the near future as
      AFP  -  680 words
    • 530 11 Bloomberg New loans in China increase almost fivefold in June [BEIJING] A surge in China's lending is boosting concern that attempts to revive the world's third-largest economy will lead to bad debts and asset bubbles. New loans rose almost fivefold in June
      – Bloomberg  -  530 words
  • Page 11 Advertisements
    • 2083 11 W*Z^ Toll free: 1800-289-8822 V IV llf If U( V Email: notices@sph.com.sg _L^l V^>/ .jL I V j I il i www.cats.com.sg ARTIVISION TECHNOLOGIES LTD (Company Registration No. *****7031R) (Incorporated in Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of ARTIVISION TECHNOLOGIES LTD
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  • ASIA-PACIFIC
    • 380 12 -AP Australia summons acting Chinese envoy, presses for access to its citizen [BEIJING] China has proof four detained employees of miner Rio Tinto Ltd stole state secrets for foreign countries, the government said yesterday, following their detention amid contentious iron ore price talks.
      -AP; REUTERS  -  380 words
    • 151 12 Reuters [NEW YORK] Citigroup Inc yesterday announced its biggest management shake-up since the financial crisis began, replacing its chief financial officer and installing a new banking chief as it prepares to give the government a 34 per cent equity stake. The changes come as chief
      Reuters  -  151 words
    • 310 12 Reuters [L'AQUILA, Italy] Leaders of the world's richest nations and major developing powers met yesterday in Italy to seek common ground on global warming and international trade, with the poorer countries looking for concessions. US President Barack Obama was scheduled to chair
      – Reuters  -  310 words
  • Page 12 Advertisements
    • 2485 12 _L^l A. -l_^^-> I ij Toll free: 1800-289-8822 Email: notices@sph.com.sg www.cats.com.sg HIAP SENG ENGINEERING LTD FRIVEN CO. LTD. >fl txv. .c Co. Reg No. *****0473E Vl| D-iT^ (Incorporated in the Republic of Singapore) (Incorporated in the Republic of Singapore) (Company Registration No. *****0300Z) i k k m f > NOTICE
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  • ASIA-PACIFIC/WORLD
    • 414 13 Reuters [ZURICH] Swiss bank ÜBS may be able to pay up to US$5.5 billion to end a damaging US tax dispute without needing an immediate cash injection, thanks to a recent capital increase and proceeds from asset sales. US authorities have said that
      – Reuters  -  414 words
    • 312 13 Reuters [HONG KONG] Scientists have sequenced the entire gene map of a Korean male and linked DNA variations unique to him to possible susceptibility to various cancers and other diseases such as rheumatoid arthritis. It is the fifth human genome to be sequenced to date,
      Reuters  -  312 words
    • 576 13 -AFP Guardian report says News of the World targeted data of high-profile figures [LONDON] Reporters on Britain's biggest-selling Sunday newspaper paid private investigators to hack into the mobile phones of thousands of high-profile figures, The Guardian alleged yesterday. Government ministers, actors, singers, football stars, models
      -AFP  -  576 words
  • Page 13 Advertisements
    • 1363 13 V#^L kt/A^TT/nr r> To"free: 180°-289-8822 W IVIII I L W Email: notices@sph.com.sg J_ V^^/ J_ _L^_> 'kj www.cats.com.sg IN THE MATTER OF THE I I IN THE MATTER OF THE I I IN THE MATTER OF I I IN THE MATTER OF COMPANIES ACT, CAP. 50 COMPANIES ACT, CAP. 50
      1,363 words
    • 1901 13 V<^ ffi-vT^T/nr r< To"free: 180°-289-8822 V IVIII Iff L-t V Email: notices@sph.com.sg JL^I V->/ JL I V._^ 1 www.cats.com.sg FABCHEM CHINA LIMITED (Incorporated in the Republic of Singapore on 12 October 2004) (Company Registration Number: *****3128G) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Annual General Meeting
      1,901 words

  • WORLD
    • 601 14 -NYT GOOGLE CHROME OPERATING SYSTEM New software is blunt challenge to the dominance of Microsoft [SAN FRANCISCO] If at times you're frustrated with your PC and who isn't? Google says that it is working on a solution. Many people easily lose patience with PCs that
      -NYT; AP  -  601 words
    • 366 14 Bloomberg LUNCH WITH WARREN BUFFETT Hedge fund manager Salida Capital identified as winning bidder [NEW YORK] The hedge fund manager that won Warren Buffett's annual charity auction said that the US$l.6B million price for a steak lunch with the billionaire is "an investment in our
      – Bloomberg  -  366 words
  • Page 14 Advertisements
    • 2682 14 W*2^ kAT^V'-¥-'T^^T-'r' Toll free: 1800-289-8822 V ill Email: notices@sph.com.sg JL^I V*>/ JL I V,v 1 www.cats.com.sg $Mir Surface Mount Technology (Holdings) Limited Company Registration No. ***** (Incorporated in Bermuda with limited liability) NOTICE OF ANNUAL GENERAL MEETING Level 3, Raffles Hotel Singapore, 1 Beach Road, Singapore *****3 on Thursday, 30
      2,682 words
    • 524 14 V«^ I^Ti^V^T/nT^r Toll free: 1800-289-8822 v |\l II r^ Email: notices@s Pflcom- s Q XA| V^>/ X J_Vfc^ -1—( l3 www.cats.com.sg GREATRONIC LIMITED i^S^ (Reg No. *****0621N) AND (incorporated in the Republic of Singapore) IN THE MATTER OF POLYCLAD LAMINATES NOTICE OF ANNUAL GENERAL MEETING SINGAPORE PTE LTD NOTICE IS
      524 words

  • AVIATION/SHIPPING
    • 434 15 -AFP The union accuses them of ignoring warnings about faulty speed probes [PARIS] An Air France pilots' union accused French and European air safety bodies of failing to prevent the crash of flight AF447 by ignoring warnings about faulty speed
      -AFP  -  434 words
    • 394 15 Reuters [BRUSSELS] Antwerp port, Europe's second biggest, will see a recovery in cargo volumes at the beginning of 2010 at the earliest, its chief executive said on Wednesday. "I cannot really see any signs that the slowdown is bottoming out. I would
      Reuters  -  394 words
    • 383 15 -AFP [LE BOUVERET, Switzerland] Swiss America's Cup defenders Alinghi launched their giant catamaran for a duel against US rival Oracle by airlifting it into Lake Geneva on Wednesday. In the carefully choreographed 30-minute flight, the 90-foot gangling twinhull craft was hoisted out of
      -AFP; AP  -  383 words
    • 378 15 Bloomberg [BERLIN] Hapag-Lloyd AG, Germany's largest container shipping line, is seeking as much as 1.75 billion euros (553.5 billion) in capital from lenders and shareholders including TUI AG, two people familiar with the matter said. Hapag-Lloyd presented the figure at a
      – Bloomberg  -  378 words
    • 242 15 -AFP [KUALA LUMPUR] Budget carrier AirAsia yesterday launched "Redbox", an express courier service it says will be 50 per cent cheaper than its rivals. AirAsia founder Tony Fernandes said the new venture would expand the low-cost carrier's non-airline revenue and help protect it from future
      -AFP  -  242 words
    • 370 15 Reuters [PARIS] The head of Air France-KLM said on Wednesday it was not unusual that a slew of messages sent shortly before one of its planes crashed last month had not triggered an immediate reaction among staff. Pierre-Henri Gourgeon told newspaper Le Figaro that
      – Reuters  -  370 words
    • TRANSPORT STOCKS
      • 102 15 '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 0.50 ...unch 1.17 0.49 1.21 0.60 0.05 unch
        102 words
      • 31 15 '000 nt'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings NeplineBhd 0.91 8.45 8.55 3.06 unch 0.03 0.02 unch 0.05 unch unch 0.01 115 300 94 192 0 28
        31 words
      • 12 15 '00 ■recious Ship Jegional Cont 15.20 9.55 0.10 -0.05 1839 1193
        12 words
      • 11 15 '000 joil lingamas Cont 32.60 0.86 -0.30 2039 0.01 *****
        11 words
      • 22 15 '000 Aboitiz Equity ntl Container Keppel Marine Keppel Prop 6.20 15.25 2.02 unch -0.10 unch -0.32 unch 9 2217 4 0
        22 words
      • 21 15 Evergreen Marine ....17.85 :irst Steamship 48.30 ManHai Lines 15.30 fang Ming Marine...12.00 0.65 -0.20 0.05 0.20 11 7 1 23
        21 words
      • 37 15 '000 :awasaki Hvy Ind ..238.00 -1.00 ***** :awasaki Kisen 362.00 unch ***** /litsubishi Hvy 357.00 -4.00 ***** /litsui Eng&Sbldg...212.00 unch 5943 /litsui Osk Lines 558.00 3.00 ***** lippon Express 390.00 -10.00 4898 lipponYusen 393.00 -1.00 8994
        37 words
    • 2665 15 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:
      2,665 words

  • BLUESKY FESTIVAL 2009
    • 1313 16 More needs to be done to track start-ups and ensure successful companies that emerge continue to grow, reports CHEN HUIFEN GOING by the rising number of start-ups formed each year, Singapore is on the right track with its entrepreneurship promotion drive, but more needs to be done to
      YEN MENG JIIN  -  1,313 words
    • 1989 16  -  BRITTANY KHOO Topic: What's needed to create more innovative and competitive start-ups? Inderjit Singh MP and chief executive Infiniti Solutions "As we seek to find ways to strengthen and find the future growth model for our economy, entrepreneurship must become one of the key
      1,989 words
    • 222 17  -  JOANNE TANG A CRISIS, as Stanford University economist Paul Romer liked to say, is a terrible thing to waste. Indeed, many companies are not passing up the opportunity to take advantage of depressed rents, wages and asset prices for expansion. But the argument runs both ways.
      222 words
    • 574 17 HAVING founded his first restaurant, Sakae Sushi, in the midst of the Asian Financial Crisis in 1997, Douglas Foo, CEO of Apex-Pal International, is no stranger to investing during a downturn. Even now, Apex-Pal is still moving ahead with investment plans
      574 words
    • 206 17 ORGANISED by the Action Community for Entrepreneurship (ACE) and supported by Spring Singapore, the BlueSky Festival 2009 celebrates the entrepreneurial spirit in Singapore and provides a platform for entrepreneurs to exchange ideas and share experiences. The annual BlueSky Conference, which takes place today, will focus
      206 words
    • 175 17 THE Action Community for Entrepreneurship (ACE) was launched on May 26, 2003 by the then-Minister in charge of Entrepreneurship Raymond Lim. The private-public sector initiative aims to develop Singapore into an entrepreneurial nation where innovation and enterprise can be translated into wealth creation and ideas thrive.
      175 words
    • 666 17 FOR Kain Sim, managing director of SLP International Property Consultants, the economic crisis has been a "blessing in disguise". Having the courage to expand in the midst of the downturn meant being able to attract talent that the company otherwise would
      666 words
    • 674 17 EVERY city has a different culture, and being in the education industry, Ng Gim Choo, group managing director of EtonHouse International Holdings, certainly understands the impact that cultural nuances can have on business. "There are always challenges while setting up a new school," she says.
      674 words
    • 622 17 BEING tech-savvy and having a keen understanding of markets have helped XMI a local company that creates pocketsize audio devices for various multimedia players grow their start-up capital of 5530,000 to annual revenue in excess of Sslo million in just three years. To
      622 words


  • EDITORIAL & OPINION
    • 445 18 THE Ministry of Finance recently unveiled the members of the Economic Strategy Committee (ESC). The aim of the committee is to develop strategies to keep the economy growing and spread the gains to Singaporeans. The ESC is a follow-up to the valuable work done
      445 words
    • 1019 18  -  RICHARD SCHULTE Diversity in local businesses indicates a more flexible business environment IVERSITY plays an important role in the developA ment of business globaliH sation. In fact, it is one of I its building pillars. Busi- nesses that have a competent and diverse workforce
      FILE PHOTO will be  -  1,019 words
    • 785 18  -  FRANK CHING THE BOTTOM LINE A FASCINATING study of how democracy is faring in East Asia, released late last year, deserves a closer look, particularly at this time of financial crisis when self-styled socialist countries (think China and Vietnam) are doing relatively well
      785 words
    • 1247 19  -  S NARAYAN But the government seems to be walking a fiscal tightrope, with the finances strained at close to unsustainable levels THE Indian budgetary numbers for the fiscal year 2009-2010 were unveiled by Finance Minister Pranab Mukherjee on July 6, 2009. For international credit-rating agencies
      AP  -  1,247 words
    • 806 19  -  ROBERT SAMUELSON -LATWP [WASHINGTON] NIALL Ferguson is one of those rare characters: a respected scholar who's also a successful populariser. Ferguson, a Brit, has taught at Oxford, New York University and now at Harvard. He has written about World War I, the British
      -LATWP  -  806 words
    • 426 19 LETTER TO THE EDITOR WE refer to the article "Good governance means having no blind spots" (BT, July 3). The notion that proprietary trading creates a false impression of demand because of differential commission payable on such trades is inaccurate and unwarranted. "Proprietary trading" is
      426 words


  • SINGAPORE STOCKS
    • 8417 20 Transaction date: Jul 9 Hi. !-wks Tel Low Code Com| Sale C000) Hii Low Buj rer Seller C'vr P/E $mil >anj 9 3 3148 STelecom 9 2.5 5834 A-Sonic 24 12 5000 ABR Hldgs 14 5.5 1938 AEI Corp 8 1 1100 AEM 23 7 2101 APOil 70
      8,417 words
    • 1572 21 High Low Code Company Sale C000) High Low Buyer Seller Cvr P/E $mil 19 5 1181 s AAGrp 26.5 12 8538 t APStrategic 4 0.5 1501 s Advanced System 7.5 2 3480 t Adventus 26.5 8.5 3518 s Afor 12.5 2 1524 t Alantac 16 3.5 7814 t
      1,572 words
    • 353 21 _Hm Low Code Comi Sale C000) _Hm _Buj Seller C'vr P/E Smil 109 100 6389 ABF SG Bond ETF 877 427 CIMBAsean40 100US$ 246 149 DBS STI ETF 100 2786 1682 DBXT FTChina25 10US$ 5268 3228 DBXT FTVietnam 10US$ 1388 850 DBXT MSTaiwan 10US$ ***** 5220 DBXT Nifty
      353 words
    • 246 21 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
      246 words
    • 9456 21 UNIT TRUSTS FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced Fund!S 1.802/ AIGIF Spore Bond Fund/A 1.274/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 0.94/ APS Alpha Fund (USD)!** 0.64/ APS Komaba Asset Mgt Pte Ltd APS Komaba Global Bond SGD 0.5178/ APS Komaba Global
      9,456 words
  • Page 20 Advertisements
    • 42 20 /111 .^B 2(^^^^' j V i(| iUDEMARSPIGUET -^Hm^- "Vf^ N Le maitre de I'horlogerie depuis 1875 IB ''Zfct&yh JULES AUDEMARS vi^P \~^^Kr 4 .^l^ W*±* COLLECTION *S %l '•-■^*^>J EQUATION OF TIME.^BPIN^ WmpTHE SUN^I For enquiries, Tel (65) 6238 6678 www.audemarspiguet.com >>O24'^^^^
      42 words


  • FINANCE & COMMODITIES
    • 360 22 %dy %yr dy yr dy yi Index Change Change Change Change Change Change Jul 8 World Index Preliminan 668.9 -0.9 -1.3 -0.8 1.4 -1.1 -0.1 EAFE Preliminai 642.6 -1.3 -1.0 -1.4 2.6 -1.6 1.1 Euro[ Preliminan 877.3 -1.1 -3.8 -1.5 0.8 -1.8 -0.I Pacific 564.3
      360 words
    • 122 22 As at 9am Jul 9 Singapore dollars to one unit if foreign currency: Currencies Bid Offer Uist dollar 1.1300 1.1650 .an dollar 1.2500 1.2660 iuro 2.0200 2.0440 IZ dollar 0.9090 0.9290 iterlini ind 2.3380 2.3650 JS dollar 1.4550 1.4720 .ocal dollars to 100 units if foreign
      122 words
    • 155 22 Jul 9 Xiernight 0.15 -month 7/16 !-months 9/16 l-months 11/16 Overnight mode: 1/16 IS$ Offer 0.10 3/16 5/16 7/16 Bid 1 days I month > months 3 months d months months 12 months (All 0.35 0.41 0.70 0.80 1.15 1.70 1.80 Offer 0.25 0.31 0.40 0.50 0.85 1.40
      155 words
    • 11 22 Jul 9 STI IIMSCI Jul 272.3 279.2 279.2
      11 words
    • 18 22 Jul 9 Bid Offer -month 1.4577 1.4590 1.4577 1.4590 {-months 1.4577 1.4590 i-months 1.4578 1.4593
      18 words
    • 60 22 Jul 9 lelivery lonth Opening Range Sett Av Price Price Hii Low Vol Open Done Position lul 09 2031 2060 2050 2030 15 Hug 09 2010 2055 2055 2009 1286 iep 09 2010 2047 2047 2000 7930 3d 09 2003 2050 2050 2003 2117 Total o/p: ***** contracts
      60 words
    • 286 22 Jul 9 URODOLLAR FUTURES >ep09 Dec09 VlarlO Iun10 99.4600 99.2400 99.0450 98.7600 9108 5818 3737 2945 EUROYEN TIBOR FUTURES iep09 99.505 99.505 Dec09 99.540 99.540 VlarlO Iun10 >ep10 3ec10 Vlar11 Iun11 99.500 99.535 99.505 99.530 99.545 99.525 99.470 99.425 99.340 99.280 178 50 51 ***** 3277 2575
      286 words
    • 192 22 Jul 9 (UBBER Futures (Closing prices) !SS 3 (US cents/kg) /lonth High Low Close Sett Volume (lots) O/l lots) <\ug09 167.0 iep 09 3d 09 163.0 MOV09 162.0 Dec 09 163.0 lan 10 165.5 162.0 162.0 162.0 167.0 165.0 163.0 163.0 163.0 164.0 254 50 60 70 12
      192 words
    • 89 22 Jul 9 'eriod Issue code Maturity Yesterday's Bid Hii Day's [h Low i-Month BQ*****Z 08.10.09 -Year BY*****W 03.05.10 0.24 0.35 0.19 0.18 30VERNMENT BONDS >eriod Issue Coupon Maturity code rate Close Bid Day's High Low !-Year NX*****H 3.625 i-Year NX*****F 3.625 '-Year N*****0S 2.875 0-Year NX*****W 2.500 5-Year
      89 words
    • 103 22 Jul 8 (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jul 09 1084.00 1133.50 1146.50 1079.00 Aug 09 1015.00 1053.50 1071.25 1009.50 Sep 09 943.50 985.00 976.50 935.00 Nov 09 892.00 895.00 916.75 881.25 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low lul 09 32.08 32.90 32.94 32.00
      103 words
    • 75 22 CRUDE OIL PRODUCTS Jul 8 origin) t/barrel Close Cham irent blend (1-Mth F) 61.51 -1.35 VTI (Near Mth) 60.15 -2.38 )ubai (1-Mth F) 62.41 -1.91 "apis blend 67.75 -1.55 i/linas 64.25 -1.65 >RODUCT JSS/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 60.45 70.20 -2.6I -0.5I USS/barrel )pec Oil Basket Price
      75 words
    • 449 22 Jul 9 Iuro ren ton 'eso Earn 'ouni Australia 0.909 5.356 0.562 6.075 38.275 79.600 0.731 10.003 2.792 1.242 63.997 37.656 1.143 6.368 0.851 25.836 26.710 0.485 0.784 Canada 1.100 5.892 0.618 6.683 42.106 87.566 0.805 11.005 3.071 1.366 70.402 41.425 1.257 7.005 0.936 28.421 29.383 0.534
      449 words
    • 70 22 Jul 9 mth 0.***** 0.***** mths 0.***** 0.***** 6 mths 1.0584; 9 mths 1.***** 12 mths 1.5620= mths 0.***** 0.***** mths mths 2 mths 1.***** 1.***** 1.***** 0.***** 0.***** 0.***** SWAP Mid rates (S$; 1 yr 1.***** 2yrs 1.5817; 3yrs 1.9320C 4yrs 2.***** 5yrs 2.***** 7yrs 2.***** 10yrs 2.*****
      70 words
    • 149 22 Jul 9 lurrencies Bid Offer Bid Offer >$/US$ to one unit of foreign currency: Australian dollar 1.1423 1.1437 0.7837 0.7840 "anadian dollar 1.2568 1.2580 0.8622 0.8624 iuro 2.0338 2.0359 1.3953 1.3956 IZ dollar 0.9199 0.9214 0.6311 0.6316 aterlini 2.3534 2.3561 1.6146 1.6151 JS dollar 1.4576 1.4588 >$/US$
      149 words
    • 127 22 Jul 9 /oz) -Jong Kong .ondon 914.10 919.90 915.10 920.90 Jul 08 Jul 07 911.30 923.70 912.10 924.70 Source: Thomson Reuters CAST BAR (Sj) Jul 09 Buying Sellini Kilobar "46,191.90" ***** PAMP GOLD BARS (SS) Sellinq Buying gm jam Ogm !0gm JOgm OOgm oz ozUBS 103.79 294.25 524.3
      127 words
    • 63 22 JulB\ Co iri iiuiii, yy.i (USS/tonne) Close Previous :ash 1520.75 months 1550.00 1589.30 1618.00 Copper, Grade A (USS/tonne) months 4710.50 4725.00 4866.75 4880.00 .ead (USS/tonne) iash months 1584.75 1610.00 1636.00 1660.00 lickel (USS/tonne) ]ash I months *****.00 *****.00 *****.00 *****.00 'in (USS/tonne) :ash *****.00 *****.00 months *****.00 *****.00
      63 words
    • 77 22 Jul 8 COCOA (£/tonne) Close Prev Hii ih/Low Jul 09 1634 1580 1636/1583 Sep 09 1662 1609 1664/1610 Dec 09 1668 1619 1669/1619 Mar 10 1666 1618 1667/1622 COFFEE (USS/tonne) Close Pev High/Low Jul 09 1331 1334 1342/1330 Sep 09 1343 1352 1357/1338 Nov 09 1365 1373 1379/1362 SUGAR
      77 words
    • 2254 22 BONDS, WARRANTS EXTENDED SETTLEMENT Fel lode Company Last Sale Vol Conv Exer +or- ('000) Ratio Price Disc Gear- Mths ing Left Asia-Pacific Strategic W*****6 4 1 15 6 4.50 58 >036 Advance SCT Ltd W*****9 0.5 1 87 1844 9.00 13 Allgreen Prop.ES.0907 98 AscendasReit.ES.0907 167 S092 Asia Environment W*****4
      2,254 words

  • Page 23 Advertisements
    • 3034 23 The Business Times Shipping times A wTm! RPP m\\ WAN HAI INTERNATIONAL PTE LTD UEN: *****4695 M I^M Am^H XV _-Z«^i SBHjW^jJ^aMjMIJLI Vx-W IAfA-l MAI I llirr TEL6226ISSS (KLINES) FAX:*****163 1 _.^B J lilSrfll_B Hwß^HßwlWWsWSlllrß HSinlfM'PWlll^ffiWWPM \\^^l I WAN HAI INt_) PKL lEb (03) *****55S FAX: «I3| *****288 PEN TEL:
      3,034 words

  • Page 24 Advertisements
    • 3231 24 F**VHHEB9^B9IH^I I fin eastern car liner, ltd Hip 3®2S^ I |f-~— 1 I specialize in roro heavy lift upto 450 tons WEEKLY EXPRESS SAILING SCHEDULE I mrnnv 17 in also accepting containers to all northern and western indianicd points ■n■ 0* I EMERALD CORAL 32 60 18/07 21/07 24/07 VESSEL
      3,231 words

  • WINE
    • 756 25 Penfolds holds its first webcast wine-tasting, and Oeno aims for a more thorough embracing of the Web, reports CHRISTOPHER LIM THE influence of technology on wine-making is a controversial issue, with high-tech wineries and screw-cap closures perennially set against time-honoured techniques and traditional corks.
      756 words
    • 1031 25  -  N KYONG THERE is a perennial debate that goes on in the wine press, blogs, at tastings and dinner tables around the topic of the ageability of Californian wines, Cabernets in particular. Californian wines from top producers (including the cult wine specialists) are just as
      1,031 words
  • Page 25 Advertisements
    • 223 25 Wfc^ Professional Portfolio Management f^kl I" Valuations, Exit Strategies, Storage Solutions The Highest Qualify Investment Grade Wines The Best Prices in Asia THE BIG 3 The Creme de (a Creme, the Best of the Best, The Investors Dream Trilogy CHATEAU LAFITE ROTHSCHILD PETRUS COMAINE DE LE ROMANEE CONTI Prices are
      223 words

  • Page 26 Advertisements
    • 61 26 Putting tt *;>* style back r v info life i /k That's the power of BT 1 7 fV Lifestyle Editor Jaime Ec gives you a glimpse of the i m m classiest homes, a flavour of the finest wines and puts B^r^^Aj (r*^ m m luxury within your reach.
      61 words
  • Page 26 Miscellaneous
    • 333 26 A signature Sentosa event returns SINGAPORE'S only beachfront jazz event, Jazz by The Beach, returns for its second installment to Sentosa's Siloso Beach. With some exciting acts and a beach ambience, Jazz by the Beach has evolved into one of Sentosa's signature events, attracting guests who seek nightlife away from
      333 words


  • Page 28 Miscellaneous
    • 296 28 CRYPTIC CROSSWORD ACROSS 4 It can be a costly move in soc- I i 8 Crimes of receivers of stolen 8 9 Church enveloped in rather __BB__)lH|_H_ J^^J—^J—^J—L 11 Capricious boy about to be- |^h LmJ LJ^j-M tray one's trust (7) 111, I I I I I I 13 Detain
      296 words


  • executive lifesltyle
    • 578 30  -  jaime cc N case you didn't know, there's a new viI rus in town. No, it's not the HINI virus I although one of the symptoms of this I new disease is a deep-seated fear of peoI pie with runny
      578 words
    • 1617 30  -  CHEAH UI-HOON Help is available locally for children who have the talent, the will and the means to pursue a different path, reports GEOFFREY EU WHEN violin virtuoso Min Lee opened the Wolfgang Violin Studio along with her mother Annie Lee about a month ago,
      YEN MENG JIIN  -  1,617 words
    • ARTS
      • 748 26 CLARISSA TAN checks out some of the performers and artists on Marine Parade Promenade this weekend EKEE is one of the few birds in Singapore indeed, the world that requires anti-stress medicine. The 30-cm tall Electus male parrot is the star of a magic performance
        TUNG YUE NANG  -  748 words
      • 915 27 A group of aboriginal women are reconnecting through art, reports CLARISSA TAN THE story is as surprising and colourful as the paintings: one sunny morning, Sally Gabori walks into the art centre of Mornington Island in the north-east of Australia. Already in her 80s, she
        MORNINGTON ISLAND ARTS & CRAFT CENTRE/ REDOT GALLERY  -  915 words
      • 624 27  -  AMANDA DE GUZMAN BLACKOUT, an art event curated by Alan Oei, is not your regular exhibition. First, the artists being showcased are not chosen for their works per se, but for how their works fit into the exhibition space. Second, this space isn't even
        624 words
      • 359 27  -  AMANDA DE GUZMAN IF Wednesday's abridged preview is any indication, audiences at the National Museum's Night Festival will be treated to a dynamic and diverse celebration of movement and dance. The standout production is by the German performance group PAN.OPTIKUM. Their show, The Loop of Fortune,
        359 words
      • 446 27  -  AMANDA DE GUZMAN FOR the purists, classical ballet to the tunes of 1990s diva Annie Lennox borders on the blasphemous. For Janek Schergen, artistic director of the Singapore Dance Theatre (SDT), this combination of high art and low pop culture is all about
        446 words
    • CINEMA/BOOKS
      • 553 28 Sunshine Cleaning also suffers from a bad case of dysfunction, says GEOFFREY EU A MAN walks into a gun store and asks to see a new shotgun model. If this were the opening line of a joke, the story would probably head in
        553 words
      • 508 28  -  AMANDA DE GUZMAN OBSESSED, a thriller starring Beyonce Knowles and Ali Larter, is Fatal Attraction for the politically correct generation. For those unfamiliar with the now-iconic 1987 movie by Adrian Lynne, here is the gist of it: Michael Douglas has an adulterous onenight
        508 words
      • 447 28  -  CHRISTOPHER LIM DVD REVIEW IT'S bizarre how some movie studios manage to bungle video-game adaptations that seem on the surface, at least destined for success and big bucks. Street Fighter mania is everywhere again after the recent release of the latest instalment
        447 words
      • 851 28  -  CHRISTOPHER LIM Liquid City Various artists; edited by Sonny Liew Image Comics Pages: 323 Price: $24.99 Rating: B+ Scary Ever After By John Ho MPH Publishing Pages: 159 Price: $11.77 Rating: B- IF a single picture can convey a thousand words, what about pictures
        851 words
    • MUSIC/GAMING
      • 842 29 Making moves at home abroad Electrico is the first local band to play Taiwan festival, NDP, reports CHRISTOPHER LIM MUCH breath and ink have been spent discussing how best to move Singapore's English music scene forward, but instead of sitting around mulling the issue, local indie rock band Electrico has
        842 words
      • 698 29  -  CHRISTOPHER LIM CD REVIEW Cope Freeland Marine Parade Rating: B+ Wait For Me Moby Little Idiot Rating: B+ Relapse Eminem Aftermath Rating: C The E.N.D The Black Eyed Peas Interscope Rating: B- TOO many people still think of music made by DJs
        698 words
      • 593 29  -  ONG BOON KIAT IN one of MTV's more poignant images from the past, a punk-haired Aimee Mann, elfin frontwoman of 80s new wave band 'Til Tuesday, erupted into a tormented tirade over her character's boyfriend's tyrannical ways, watched by a squirming Carnegie Hall opera-chic crowd.
        593 words
      • 514 29  -  CHEW XIANG ELECTRONIC Arts' latest boxing simulation, Fight Night Round 4, is flawed but fun. First, the fun. Fight Night 4 offers only pixels, but the pixels spray sweat with each blow and grunt in pain when haymakers thud on cheek and jaw. Even
        514 words
  • Page 30 Miscellaneous