The Business Times, 16 October 2009

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Total Pages: 30
1 30 The Business Times
  • 20 1 THE BUSINESS TIMES Ssl.oo online at http://www.businesstimes.com.sg Sf!i A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA (P) 123/08/2009 Friday, October 16,2009
    20 words
  • 903 1  -  KALPANA RASHIWALA Developers' sale of 1,143 units in Sept takes Q3 figure to record 5,719 units By [SINGAPORE] The property market yesterday toasted the sale of a record 5,719 private homes in the third quarter, even though the industry posted a second consecutive month-on-month
    Jones Lang LaSalle Research, URA  -  903 words
  • 801 1  -  CONRAD TAN US$ 1.46b deal will swell its private-banking assets under management to USs22.sb By [SINGAPORE] OCBC Bank has agreed to pay U551,463 billion in cash for Dutch bank ING Group's private banking assets in Asia, propelling it into the ranks of the region's
    801 words
  • Page 1 Advertisements
  • Page 1 Miscellaneous
    • 49 1 COMMENTARY WALL STREET A WINE CORPORATE RESULTS Facing up to a new Looking ahead A< A guide on when to start SGX Ql earnings world of low wages after 10,000 drinking your wine up 11.3% PAGE 4 PAGE 15 HL, PAGE 30 PAGE 5 Raising funds in hard times
      49 words

  • TOP STORIES
    • 592 2 Bloomberg, AP Deal could be a wake-up call for US, says former deputy trade representative [BRUSSELS] The European Union (EU) and South Korea approved the world's biggest free-trade deal since 1994, bolstering efforts to emerge from the deepest global recession in seven decades.
      Bloomberg,; AP  -  592 words
    • 669 2  -  SIOW LI SEN THERE is no question that OCBC Bank has paid top dollar to kickstart its private bank business. No matter how one slices and dices it, the US$l.46 billion or Ss2 billion that OCBC will pay for ING Asia Private Bank (IAPB) is a
      669 words
    • 548 2 Reuters Renato de Guzman's access to wealthy Filipinos unmatched [SINGAPORE] With his dapper charm and wealthy friends, Filipino banker Renato de Guzman was instrumental in building ING's Asian private bank, and he will now lead his team into Europe and the Middle East
      Reuters; FILE PHOTO  -  548 words
    • THREE-MINUTE DIGEST
      • 67 2 OCBC Bank has agreed to pay U551,463 billion in cash for Dutch bank ING Group's private banking assets in Asia, propelling it into the ranks of the top wealth managers in the region. The purchase of Singapore-based ING Asia Private Bank and its affiliated
        67 words
      • 58 2 THE property market yesterday toasted the sale of a record 5,719 private homes in the third quarter, even though the industry posted a second consecutive month-on-month drop in sales to 1,143 units in September. Despite the high point, the discussion in property circles was
        58 words
      • 64 2 THE European Union and South Korea inked the world's biggest free-trade deal since 1994, bolstering efforts to emerge from the deepest global recession in seven decades. The agreement will expand the 76 billion euro trade relationship by scrapping import duties and other barriers,
        64 words
      • 73 2 THE wage cut quantum that employers can impose on workers when they reach 60 if they wish to extend their employment is being reviewed by the tripartite partners, said labour chief Lim Swee Say. With more companies moving from a seniority-based to
        73 words
      • 72 2 THE Singapore Exchange posted an 11.3 per cent rise in first-quarter net profit, lifted by the pick-up in share trading. Net profit for the three months ended Sept 30 rose to $94.1 million, from $84.5 million a year earlier. This
        72 words
      • 68 2 A COMBINATION of aggressive capacity cuts and promotional fares helped Singapore Airlines fill more seats in September than it 1 had for over a year. The airline achieved a passenger load factor of 80.7 per cent last month, as a 12.5 per cent
        68 words
      • 81 2 THE concept of Singapore becoming a "cheaper, better, faster" economy should not be mistaken for doing the same with less, because that would mean zero economic growth, labour chief Lim Swee Say said yesterday. Mr Lim said that companies and workers must
        81 words
      • 51 2 THERE were simmering disagreements among top Federal Reserve officials at their last policymaking meeting, according to minutes released on Wednesday, as central bankers who were largely unified during the past year diverged in their views on the risks of inflation. ECONOMY WATCH, PAGE
        51 words
      • 65 2 INDIA may need "assertive" monetary tightening to control inflation similar to the steps taken by former US Federal Reserve chairman Paul Volcker in the early 1980s, according to Lombard Street Research. Consumer price gains in India "aren't far off' the levels seen in the US
        65 words
    • 630 4  -  CHUANG PECK MING COMMENTARY There's no stopping firms in a borderless world to relocate to where labour costs less By world market, because they make up a big part of business cost. Wage hikes in recent years, because of labour shortage,
      630 words
    • 449 4  -  CHEN HUIFEN 10% wage cut beyond age 60 may be unfair to some workers: Swee Say By [SINGAPORE] The wage cut quantum that employers can impose on workers when they reach 60 if they wish to extend their employment is being reviewed by the tripartite
      FILE PHOTO  -  449 words
    • 405 4  -  CHEW XIANG It'll supply laptops, test equipment and instruments By [SINGAPORE] ST Engineering has won a US$5OO million contract to supply rugged laptops, test equipment and instruments to the US Army. The five-year "indefinite delivery indefinite quantity" contract gives the US Army the
      405 words
    • MARKETS DIGEST
      • 29 4 Bloomberg SINGAPORE 5.38 MALAYSIA 5.55 HONG KONG 5.00 INDONESIA 16.297 TAIWAN 4.776 JAPAN 1.475 KOREA 9.33 BRITAIN 0.50 US 3.25 CANADA 2.25 SWITZERLAND 0.52 INDIA 11.75 Source:
        Bloomberg  -  29 words
      • 45 4 IS$ (S$ ier US$) 1.388 (USS/SS ier 1.617 2.244 ;URO (US$/S$/E) 1.493 2.072 Foreign currency per US$ S$ 'EN 89.60 64.60 3.359 2.420 IK$ 7.750 5.583 !AHT 33.55 24.17 lUPIAH 9,345 6,733 1ENMINBI 6.827 4.918 INDIAN RUPEE 46.00 33.14 1.085 0.782 IZ$ 1.338 0.964
        45 words
    • 482 4 AP neuters, Deal likely to close within eight weeks; price not disclosed [NEW YORK] News and financial data provider Thomson Reuters Corp has agreed to buy privately held Breakingviews, accelerating its push into business news commentary. The Breakingviews board has recommended that shareholders accept the
      AP; neuters,  -  482 words
  • Page 2 Advertisements

  • Page 3 Advertisements
    • 200 3 THERE'S A PLACE WHERE SUNRISES MEET SUNSETS. WHERE COLOURS ARE PAINTED IN LIGHT. AND SCENTS CAPTURE LIFETIMES IN MOMENTS. TR I LIGHT VIEWS LIGHT AIR 0 St. Josephi Institution H 4 El 0 Singapore Chinese Girls' School H I PIE Q Q 0 Anglo-Chinese School (Barker Road) B Alliance Francaise
      200 words

  • Page 4 Advertisements
    • 276 4 Irf1!!1 FRANCHISING LICENSING I I^M^Afiii^^EXHIBmON&CONFERENC^^I I 15 17 Oct 2009,10.30 am to 6.30pm Suntec Singapore, Level 4 Hall 401 m Singapore Pavilion at FLAsia 2009 brings you m m Leading Brands, Successful Franchises, m Best Investment Business Opportunities 1 from a wide spectrum of industries: s f2_ P| cdl: trTlux
      276 words
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  • COMPANY NEWS
    • 492 5  -  JAMIE LEE Net profit for the three months ended Sept 30 rises to $94.1 million By THE Singapore Exchange posted an 11.3 per cent rise in first-quarter net profit, lifted by the pick-up in share trading. Net profit for the
      492 words
    • 446 5 SHEDDING some light on how it decides whether to query a company over unusual stock movements, the Singapore Exchange (SGX) said yesterday that it considers various factors, including company or industry specific news, as well as market sentiment. It was responding to
      446 words
    • 361 5  -  JAMIE LEE ING Investor Dashboard Sentiment Index shows Q3 sentiment up 24% By, INVESTORS in Singapore could be wearing the biggest grins in Asia, as a quarterly survey by ING Group suggests. ING Investor Dashboard Sentiment Index for Singapore shows that third-quarter sentiment surged 24
      361 words
    • 402 6  -  yVEN SREENIVASAN Increase due to aggressive capacity cuts and promotional fares By A COMBINATION of aggressive capacity cuts and promotional fares helped Singapore Airlines fill more seats in September than it had for over a year. The airline achieved a passenger load factor
      402 words
    • 475 6  -  LYNETTE KHOO By A FORMER employee of WBL Corp, who is sued by the Monetary Authority of Singapore (MAS) for insider trading, has admitted he was in possession of the up-to-date internal financial forecasts by the company when he sold his shares.
      475 words
    • 368 6  -  LYNETTE KHOO By Midas Holdings has secured its first contract of 152 million yuan (Ss3l million) from the second round of tender for the inter-city high-speed train project in China. Under the contract terms, its aluminium alloy division Jilin Midas Aluminium Industries Co
      368 words
    • 215 6  -  UMA SHANKARI By PROPERTY groups Ho Bee Investment and Yanlord Land have signed an agreement to explore investing in and developing a high-end residential project in Nanhu Eco-City, China. The two companies said yesterday that a memorandum of understanding has been signed between their
      215 words
    • 369 9  -  JAMIE LEE Company also buys shipset at distressed prices to operate in Arctic region By EZRA Holdings yesterday posted a more than quadrupling in net profit to US$27.l million for its fourth quarter ended Aug 31, 2009, from a restated U556.59 miUion
      369 words
    • 558 9  -  LYNETTE KHOO Good chance pre-tax earnings will rise 20-25% next year By PT BERLIAN Laju Tanker Tbk (BLT) revenue for next year will at least double that of this year following the proposed acquisition of Norwegian shipping company Camillo Eitzen Co (Ceco) in an all-share
      FILE PHOTO  -  558 words
    • 118 9 RIDING the wave of the residential property market, Lian Beng Group reported yesterday a 174.2 per cent surge in net profit for the first quarter ended Aug 31 to $5.28 million. This was helped by a 128.6 per cent jump in revenue to
      118 words
    • COMPANY BRIEFS
      • 82 9 VAN Der Horst Energy's net profit for the first quarter ended Aug 31, 2009 fell 31 per cent to $297,000, from $430,000 a year ago. Revenue fell 9 per cent to $5.3 million, from $5.8 million a year ago. Earnings per share
        82 words
      • 48 9 BH Global Marine, a supply chain management company, has reported a net profit of $4.1 million for the third quarter ended Sept 30, 2009, down 19 per cent from a year ago. Revenue improved by 15 per cent to $26.0 million.
        48 words
      • 77 9 TRAVELITE Holdings Ltd has issued a profit warning with respect to its unaudited financial results for the half year ended Sept 30, 2009. Following a preliminary assessment of its financial results, the group said it expects to register a net loss for HI
        77 words
      • 66 9 NOBLE Resources Ukraine LLC, a wholly owned subsidiary of global supply chain manager Noble Group, has successfully arranged a working capital loan facility for up to US$5O million with the European Bank for Reconstruction and Development. This represents a vital part of a project,
        66 words
      • 53 9 MARINE supply and logistics group Sinwa Ltd announced that its wholly owned subsidiary, Sinwa (Singapore) Pte Ltd, had entered into a memorandum of agreement to purchase an anchor handling tug for a consideration of U554.35 million. The vessel is scheduled for delivery by
        53 words
    • 212 9 PROMINENT lawyer Lucien Wong has been appointed a non-executive independent director of Singapore Press Holdings (SPH) and a member of the media group's audit committee. Commenting on the appointment, the board said it has considered the Nominating Committee's assessment of Mr Wong's qualifications,
      212 words
    • 391 9  -  CHEWXIANG By HONG KONG-based optical disc manufacturer Swing Media is moving into the green energy business by buying a Chinese company that installs solar energy systems in petrol stations. Chief executive officer Matthew Hui told BT that the green energy
      391 words
  • Page 5 Advertisements
    • 160 5 Jones Lang LaSalle congratulates tlD> EFG f^ Bank capitaj on the grand opening of EFG Bank Building ExxonMobil has developed lightweight car plastics for bumpers and fuel |9 r tanks that improve fuel economy by reducing vehicle weight—without >s sacrificing strength and safety standards for car body parts. This is
      160 words

  • Page 6 Advertisements
    • 281 6 __D I L—3LJ LL U U UUUUU V_>lJ v METROPOLITAN Expressing the life style of today's consumers by using all the languages of Italian designs. Based on founder, Mr Matera's handcraft tradition of top-quality upholstered furniture handed down by generations. Galiitalia An up-to-date entrepreneurial approach that perceives in advance what
      281 words

  • Page 7 Advertisements
    • 62 7 One of the world's most exclusive private banks moves to one of Singapore's most exclusive addresses. jp^ HS^^iivSrß?^ _^^^*wSti S^^^k •■■♦jt *?j/. wwi^H I^^^^^^^l k^s^w^ i i .A EFG Bank The EFG Bank Building is located in the heart of the city, at the strategic intersection of the Singapore Parliament,
      62 words

  • SINGAPORE MARKETS
    • 602 8  -  R SIVANITHY STOCKS Singapore market's gain pared, in line with the performance in Hong Kong HAVING already risen sharply on Wednesday in anticipation of Wall Street's rally that day, the local market not surprisingly yesterday encountered a spot of pressure, probably also based on
      : Bloomberg  -  602 words
    • 98 8 Up Down Unch Up Down Unch Up Down Unch lulti Ind 8 3 6 0 0 0 8 3 6 lanufacturing 68 71 59 15 83 78 68 Commerce 21 33 20 21 39 25 "pt/Stor/Comms 11 22 11 24 ■inance 15 15 instruction 12 10 13
      98 words
    • 110 8 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 107,560 107,560 113,909 113,909 lanufacturing 581,986 29,867 611,853 355,967 2,072 358,039 lommerce 204,758 37,316 242,074 161,400 12,058 173,458 'pt/Stor/Comms 142,517 10,345 152,862 177,286 3,087 180,373 :i nance 57,097 160 57,257 290,836 15 290,852 lonstruction 90,314 9,266 99,580 25,940 219
      110 words
    • 99 8 lapitaLand 4.140 +0.030 lapitaMall 1.740 +0.040 jtyDev 10.240 +0.040 lomfortDelGrc 1.640 losco Corp 1.230 -0.010 IBS Grp 13.340 +0.160 :&N 3.910 -0.020 ienting SP 1.150 iolden Agri 0.440 -0.010 IK Land 4.720 -0.080 IMH 29.720 -0.600 ISH 17.400 -0.140 lardineC&C 26.540 +0.040 Ceppel Corp 8.350 +0.020
      99 words
    • Article, Illustration
      805 8  -  JOYCE HOOI Goodpack Limited Oct 15 close: $1.07 OCBC INVESTMENT RESEARCH, Oct 15 GOODPACK Limited reported its Ql FY2OIO results last night. Revenue declined by 3.9 per cent y-o-y to U5525.9 million due to the slowdown in global economic activity, while net profit eased 3.2 per cent y-o-y
      Bloomberg  -  805 words
    • 498 8 Reuters CURRENCIES [LONDON] The US dollar fell to mul-ti-month lows against the euro and commodity-based currencies as policymaker comments reinforced expectations US interest rates would stay lower for longer than those of other major countries. The greenback hit 14-month lows against the euro and
      Reuters; REUTERS  -  498 words
    • 4 8 DAILY
      4 words
    • 64 8 CLOSE IT OB/OS 274.00 +256. C IT CADI -*****.00 -11. IT 10-day MA -*****.00 +27.0i TSE ST Mid Cap 633.73 +1.3 TSE ST Small Cap 546.50 -4.2, TSE ST All Share 668.10 +0.6 TSE ST China Top 280.00 -2.2 TSE ST China 296.59 -4.3' TSE ST Catalist
      64 words
    • 59 8 VOLUME Transcu Grp 188,002,000 Golden Agri 162,705,000 Uni Envtech 103,900,000 SwingMedia 96,657,000 Ying Li 87,704,000 Genting SP 84,282,000 Gallant 62,163,000 MetaxEngg 41,619,000 Sinotel Tech 39,045,000 Sinomem Tech 33,725,000 VALUE($) Genting SP 97,532,250 DBS Grp 95,110,640 Ying Li 73,492,605 Golden Agri 72,940,597 OCBC Bk 66,599,560 UOB 65,797,980 CapitaLand
      59 words
    • 108 8 CLOSE UP IBXTDJE50 10US$ 4626 555.0 9.5 iBXT MSEuroi 10US$ 4407 371.9 6. iBXT Ni 10US$ ***** 337.2 2., iBXT FTVietnam 10US$ 5750 138.8 1.: iBXT FTChina25 10US$ 3138 81.9 1. iBS.ES.0910 1330 64.0 5.1 ICBC Bk4.5%NCPS 100 9600 50.0 0. ICC 3.93% NCPS10 8000 50.0 0.' LatinAmerica 1
      108 words
    • 109 8 CLOSE DOWN *****-111.0 -0.8 LD 10US$ IMH 2972 -83.3 -2.0 iBXT S&P Short 10US$ 5635 -52.7 -0.7 China H 10US$ 1657 -25.0 -1.1 ICC 5.1% NCPS 100 9810 -20.0 -0.2 ISH 1740 -19.4 -0.8 IK Land 472 -11.1 -1.7 ICBC BkBNPeCW/*****9 29 -10.0 -25.6 lUE 979 -9.0 -0.9 ICBC
      109 words
    • 82 8 iere! S$ stands Oct15 %CHNG CLOSE FROctU YR2009 S$ LOW S$ HIGH ISS 1.3897 0.14 1.5579 1.3897® iuro 2.0743 -0.07 2.0897 1.9150 'ounds 2.2648 -1.82 2.4366 2.0356 1.2789 -0.61 1.2789* 0.9453 ren* 1.5430 0.59 1.7278 1.4831 lupiah* 0.***** -0.24 0.****** 0.***** !aht* 4.1490 0.39 4.3390 4.1040 •eso* 2.9992 -0.03
      82 words

  • Page 9 Advertisements
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      100 words
    • 160 9 rPOUCERECOVEREDJEWEffERY] ACTING FOR THE AUSTRALIAN FEDERAL POLICE OTHER VENDORS. Pendant with Ring with Tanzanite of 11.08ct, Aquamarine of 5.29ct, j diamonds totalling 1.53ct jfX^^r^Tf. surrounding Diamonds a m LXjJjjTV- totalling 0.38ct. ff Ring with Diamond of Vacheron Constantin '*~V^<% 18ct Gold Watch LgL gas ♦js* Dress Earrings with Diamonds totalling
      160 words

  • SINGAPORE NEWS
    • 437 10  -  CHEN HUIFEN CBF strategy is to make workers more competitive, says Lim Swee Say By THE concept of Singapore becoming a "cheaper, better, faster" economy should not be mistaken for doing the same with less, because that would mean zero economic growth,
      437 words
    • 608 10  -  ARTHUR SIM By THE government is expected to announce the licensing regime for casino junket operators in November, says Morgan Stanley Research (Asia-Pacific), and it believes this should remove uncertainty over the issue. Junket operators are seen as the key to driving
      ST FILE PHOTO  -  608 words
    • 156 10 CARRIE Underwood, American Idol's most successful winner performs tonight at the curtain raiser for lON Orchard's week of grand opening celebrations. Underwood, who rose to fame after winning the fourth season of American Idol in May 2005, said yesterday that it still is her most
      ARTHUR LEE  -  156 words
    • 349 10  -  JOYCE HOOI By SHOPPERS loosened the purse strings a little in August, with retail sales increasing 5.2 per cent from July, after sales that month slipped 1.3 per cent from June. Year on year, August sales dipped 5.2 per cent a smaller drop than July's
      349 words
    • 551 10  -  SAMUEL EE By THE Monetary Authority of Singapore yesterday reminded the motor insurance industry to exercise underwriting and pricing discipline and not merely price for market share. "Insurers should develop their own pricing models using data from their own claims experience rather than
      551 words
    • 448 10  -  GENEVIEVE CUA By THE Central Provident Fund system has been rated a "C" in a new global pension index, putting it in the same category as the US, UK and Chile. Based on the inaugural Melbourne Mercer Global Pension index, retirement systems
      448 words
    • 411 10  -  CHEN HUIFEN PMETs give feedback to Economic Strategies Committee By RISING property prices, and a lack of support for SMEs were among the issues raised at a dialogue session with PMETs (professionals, managers, executives, technicians) last night. Chaired by REACH chairman Amy Khor and Ministry of
      411 words

  • MAXA
    • 1038 11 After winning Maxa's top prize last year, the company has gone on to improve its manufacturing processes, reports VINCENT WEE LEADING offshore and marine player Keppel FELS (KepFels) last year became the first homegrown firm to take the overall winner prize at the Manufacturing Excellence
      BLOOMBERG  -  1,038 words
    • 964 11 The Maxa winner, honoured for its best manufacturing practices, shares its strategy with CHEW XIANG CONTINUAL innovation is the hallmark of successful companies and Tetra Pak's Singapore plant has that in spades. They don't come in 'eureka' moments though it's all in
      FILE PHOTO  -  964 words
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  • ECONOMY WATCH
    • 511 12 -AFP Region's fortunes still tied to industrial world, says ADB [WASHINGTON] Asia may be leading the world's recovery from recession but its growth prospects are still clouded by the fragile global economic situation, the Asian Development Bank's (ADB) top economist said on Wednesday.
      -AFP |  -  511 words
    • 417 12 Officials staking out different views on recovery, preferred course for policy [WASHINGTON] There were simmering disagreements among top Federal Reserve officials at their last policymaking meeting, according to minutes released on Wednesday, as central bankers who were largely unified during the past year
      417 words
    • 435 12 ■AFP [BERLIN] Germany, Europe's biggest economy, is poised to bounce back to growth next year following its worst recession in 60 years, the country's main economic institutes said yesterday. Output in 2010 should reach 1.2 per cent, the institutes said in a
      ■AFP; AFP  -  435 words
    • 272 12 Reuters Move encourages investors to speculate half-percentage point increase; A$ at 14-month high [SYDNEY] Australia's top central banker flagged more interest rate rises as an economic recovery takes hold, encouraging some investors to speculate the next increase might be a hefty half-percentage point move and sending
      ■ Reuters  -  272 words
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    • 1412 12 INTHEMATTEROF in the matter of I 1 I THF mMPANIFS AfT TAP <!n THE COMPANIES Aa, CAP 50 THE COMPANIES ACT IN THE MATTER OF IMb(_(JMhANlbbAt.l,<-.AKSO AND (CHAPTER 50) THE COMPANIES ACT (CAP. 50) AND INTHEMATTEROF pnuD«yicQ Derm iTinue AND INTHEMATTEROF DEUTSCHE CAPITAL SINGAPORE LTD I rib WIMrWIIbS KbuULAI lUNS
      1,412 words

  • MALAYSIA
    • 586 13 -AP Top party leaders to be elected by some 146,000 members, not 2,500 delegates [KUALA LUMPUR] Malaysia's ruling party endorsed radical reforms yesterday to make the election of its top leadership more democratic in a bid to revive public support after losses in general
      -AP; AP  -  586 words
    • 521 13  -  PAULINE NG Asas Serba hires firm to assess feasibility of toll-road takeover By in Kuala Lumpur AN ambitious billion-dollar plan by private company Asas Serba to take over Malaysia's tolled highway concessionaires may just find takers, with listed concessionaire Litrak the first to
      521 words
    • 192 13 -AFP [HANOI] Malaysia's Hong Leong Bank Berhad has begun operations in Vietnam, making it the first South-east Asian bank lured to the country's growing market, an official said yesterday. Wholly-owned subsidiary Hong Leong Bank Vietnam Ltd opened its doors in the southern commercial
      -AFP  -  192 words
  • Page 13 Advertisements
    • 52 13 WBL Corporation Ltd r^~M and its group of companies fl W join our partners to congratulate Lfl our Deputy Chairman T" Mr Ng Ser Miang JJSmF^^ on being elected as v Vice President of »i^^w mm /m the International Olympic Committee f if v K^ WEARNES Building Heritage Creating Future
      52 words

  • GREATER CHINA/INDIA
    • 608 14 Bloomberg Serious inflationary pressures may force central bank to hike rates aggressively [SINGAPORE] India may need "assertive" monetary tightening to control inflation similar to the steps taken by former US Federal Reserve chairman Paul Volcker in the early 1980s, according to Lombard Street Research Ltd.
      Bloomberg  -  608 words
    • 417 14 Bloomberg [HONG KONG] China's home prices rose at the fastest pace in a year in September as record lending and stimulus spending spur a recovery in the world's fastest-growing major economy. Prices in 70 cities climbed 2.8 per cent from a
      Bloomberg; REUTERS  -  417 words
    • 327 14 [MUMBAI] Tata Motors launched a next-generation sedan on Wednesday, as part of its effort to build a Nano-to-Jaguar car portfolio in India's fast-grow-ing car market, which is still dominated by small-car sales. The new Indigo Manza comes loaded with features such as Bluetooth connectivity,
      327 words
    • 385 14 AP [SHANGHAI] China's foreign direct investment (FDI) and power usage rose in September, in the latest evidence that the country's economic recovery is gaining momentum. FDI in the world's third-largest economy rose by nearly a fifth in September, to US$7.9 billion for
      AP  -  385 words
  • Page 14 Advertisements
    • 2661 14 LATITUDE TREE INTERNATIONAL GROUP LTD. (Incorporated in the Republic of Singapore) (Company Registration No: *****8683N) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that an Annual General Meeting ("AGM") of Latitude Tree International Group Ltd. (the "Company") will be held on 31 October 2009 at 11.00 a.m. at 5
      2,661 words

  • ASIA-PACIFIC/WORLD
    • 749 15  -  ANDREW MARKS Earnings numbers from Intel, JP Morgan help index's comeback By in Washington WALL Street happily welcomed the latest symbol of the stock market's extraordinary comeback from the depths of despair experienced just seven months ago on Wednesday as the Dow
      AP  -  749 words
    • 430 15 The 0.2 per cent gain in the consumer price index means that inflation will not be a threat. Bloomberg [WASHINGTON] The cost of living in the US rose at a slower pace in September, showing inflation will not be a threat
      – Bloomberg  -  430 words
    • 286 15 neu- It will give out more than US$2O billion in year-end bonuses [NEW YORK] Goldman Sachs Group posted bet-ter-than-expected quarterly earnings yesterday and stayed on pace to hand out more than US$2O billion in year-end bonuses. Wall Street's dominant firm reported third-quarter profit that was
      neu-  -  286 words
    • 589 15 Reuters, AP, Bloomberg It reports USslolm in profit before stock dividends, debt exchange offer [NEW YORK] Citigroup Inc posted a quarterly loss to shareholders as it suffered US$B billion of credit losses, raising further questions about the future of the bank that is one-third
      Reuters, AP, Bloomberg  -  589 words
    • 280 15 Reuters [BANGKOK] Thailand's stock market tumbled more than 8 per cent and its currency hit a two-week low yesterday as foreign investors dumped Thai assets in a panic over the health of the country's revered and long-ruling king. Despite assurances from
      ■ Reuters  -  280 words
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  • WORLD
    • 68 16 REUTERS [FRANKFURT] People standing in front of the stage during the opening ceremony of Frankfurt Book Fair on Tuesday. The world's largest book fair with its focal theme on China literature this year was opened by China's Vice President Xi Jinping and German Chancellor Angela Merkel. China
      REUTERS  -  68 words
    • 590 16 AP [NEW YORK] Bruce Wasserstein, the CEO of Lazard Ltd and a prominent Wall Street dealmaker, died on Wednesday after being hospitalised earlier this week with an irregular heartbeat, a company spokeswoman said. He was 61. In a statement on Wednesday, Lazard's board
      AP  -  590 words
    • 669 16 Bloomberg It opens offices in Beijing, Sydney and Panama City after over 7,500 own up [WASHINGTON] The IRS is intensifying its hunt for secret offshore banking, opening offices in Beijing, Sydney and Panama City after more than 7,500 Americans revealed undeclared
      Bloomberg  -  669 words
    • 386 16 Reuters [GENEVA] Geneva's banks and trading houses are worried about the future allure of Switzerland as an international banking centre, according to a new survey. The annual poll conducted by Geneve Place Financiere, an association representing the city's nearly 6,000 financial firms, painted a
      Reuters  -  386 words
    • 281 16 Reuters [SAN FRANCISCO] Calpers, the biggest US public pension fund, said on Wednesday that it is probing fees paid by outside money managers to win its business, expanding a review of "pay-to-play" schemes at public retirement systems that has spread across the nation.
      – Reuters  -  281 words
    • 434 16 Reuters It aims to boost its investment in field of renewable energy [NISKAYUNA, New York] General Electric (GE) unveiled two investments in start-up clean-technology companies on Wednesday as part of its strategy of focusing on ways for business to generate and use energy
      ■ Reuters  -  434 words
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  • AVIATION/SHIPPING
    • 635 17  -  YEN SREENIVASAN But recovery still weak; more business travellers especially on regional routes go coach-class By AFTER a slump lasting more than a year, the airline industry is starting to turn around, with revenue, passenger numbers and premium seat sales recovering, the latest
      635 words
    • 201 17 [SHANGHAI] Boeing Co, the world's second-largest planemaker, said that China made "minor adjustments" to delivery schedules this year as travel growth slowed on the global recession. The company hasn't received any cancellations from the country, John Bruns, Boeing's vice-presi-dent for China operations, said yesterday in
      201 words
    • 492 17 Reuters John Leahy also says he's not stepping down from his job [PARIS] The sales chief of European planemaker Airbus yesterday denied a report that he was involved in a bid to buy part of aircraft leasing group ILFC and said
      – Reuters; FILE PHOTO  -  492 words
    • 252 17 AFP [NAIROBI, Kenya] Somali pirates yesterday seized a Singapore-flagged container ship in the Indian Ocean near the Seychelles, maritime sources told AFP. "The Singapore flagged and owned boxship Kota Wajar was seized around 300 nautical miles north of the Seychelles," said Andrew Mwangura, who heads
      AFP  -  252 words
    • 2763 17 AIRLINE CODES: American Airlines (AAL), AF Air France (AFR), Al Air India (AIC), AY Finnair Oy (FIN), AZ Alitalia Airlines (AZA), BA British Airways Public Ltd (BAW), BG Biman Bangladesh Airlines (BBC), Bl Royal Brunei Airlines Sdn Bhd (RBA), BO Bouraq Airlines (BOU), BR EVA Airways
      2,763 words
    • 188 17 Bloomberg [MELBOURNE] Qantas Airways Ltd, Australia's biggest airline, said that delivery of its fifth and sixth Airbus SAS A3 80 aircraft has been delayed because of problems with flight-con- trol equipment. No "commercial impact" is expected from the delay as the airline
      Bloomberg  -  188 words
    • TRANSPORT STOCKS
      • 112 17 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KiVentures Keppel Corp Mercator Lines MTQ Corp NOL Pacific Shipping Pan-United Corp Rickmers Mari Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship Star Cruises 0.69 0.32 1.23 0.67
        112 words
      • 30 17 '000 Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings NeplineBhd 0.90 8.96 8.92 3.14 3.01 unch -0.01 -0.02 unch 0.04 0.03 unch 20' 4i sv, 62! 1: <
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      • 12 17 '00 'recious Ship Regional Cont 18.60 10.90 -1.50 1080: -0.90 492i
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      • 11 17 '000 Doil iingamas Cont .40.20 ...1.44 0.30 78! 0.02 1516:
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      • 17 17 '000 Aboitiz Equity Intl Container Keppel Marine 7.90 22.50 2.00 0.20 0.50 unch 981 4169 21
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      • 20 17 Evergreen Marine ....18.00 :irst Steamship 43.50 /Van Hai Lines 16.75 t'ang Ming Marine...12.15 -0.05 -1.00 0.40 -0.15 1' 1.
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      • 42 17 '000 'en Kawasaki Hvy Ind ..226.00 unch ***** Kawasaki Kisen 369.00 1.00 4607 Mitsubishi Hvy 338.00 4.00 ***** Mitsui Eng&Sbldg...234.00 4.00 4577 Mitsui Osk Lines 572.00 16.00 ***** Nippon Express 350.00 unch 2981 Nippon Yusen 362.00 5.00 5666 Source: Thomson Reuters
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  • Page 17 Advertisements
    • 147 17 SOUTH EASTASIAAND SOUTH ASIA/AUSTRALIA TRADE FACILITATION AGREEMENT NOTICE TO TRADE BUSINESS PLAN 2009 RATE RESTORATION EFFECTIVE 1 NOVEMBER 2009 FROM SOUTH EASTASIAAND SOUTH ASIA TO AUSTRALIA As part of the Business Plan 2009, Member Lines of the South East Asia and South Asia/Australia Trade Facilitation Agreement will implement a Rate
      147 words

  • EDITORIAL & OPINION
    • 485 18 NOW that stock markets have recovered and countries around the globe are declaring the recession over, there is a very real danger that calls for reform and that is increased financial sector regulation will diminish because of complacency. In most Western economies there have been
      485 words
    • 1070 18  -  LEON HADAR But it's hoping that signs of rebound would ease political momentum of 'audit the Fed' IT'S not surprising perhaps that the US Federal Reserve system has traditionally been the target for bashing by America's populist movements on the political left and right.
      AFP  -  1,070 words
    • 751 18  -  ROBERT SAMUELSON THE BOTTOM LINE EVERY generation of Americans should live better than its predecessor. That's Americans' core definition of economic "progress". But for today's young, it may be a mirage. Higher health spending, increasing energy prices and stretched governments at all levels
      751 words
    • 1106 19  -  JOSEPH BALADI Branding is not the exclusive domain or product of advertising and promotions but is an internal process By THE extraordinary scene of airline pilots and other crew members aboard an Air India flight engaging in a fist fight in front of passengers some
      AP  -  1,106 words
    • 1100 19  -  G PANICKER A COMPREHENSIVE treaty on climate change is the least expected outcome at Copenhagen in December. The big moves must come from developed countries as well as large potential emitters. And rich nations must help out their poor cousins meet the threat.
      1,100 words
    • 322 19 LETTER TO THE EDITOR WE refer to the Hock Lock Siew column, "When in doubt, regulators should query?" by Jamie Lee (BT, Oct 13). More queries do not necessarily equate to better regulation. A query by the exchange should aim
      322 words


  • SINGAPORE STOCKS
    • 8904 20 Transaction date: Oct 15 Hii Low Code Coi Sale COOP) Hi; Low Bi Seller Cvr P/E jH 17 3 3148 8Telecom 95 25 5834 A-Sonic 33 12 5000 ABR Hldgs 155 55 1938 AEI Corp 8 1 1100 AEM 23 7 2101 APOil 93 265 5550 ARA 8
      8,904 words
    • 1715 21 52-wks Tel High Low Code Last Sale Vol Day Last Quote Div Gr Yld Net C000) High Low Buyer Seller C'vr P/E M Cap $mil 52-wks Tel High Low Code Company Last Sale Vol Day Last Quote Div Gr Vld Net ('000) High Low Buyer Seller C'vr P/E
      1,715 words
    • 417 21 52-Wk Tel h Low Code Last Sale s» Day Ih Low Last Quote Buyer Seller Div GrYld Cvr Net P/E s Hii Comi Hii 110 100 6389 ABFSG Bond ETF 110 807 427 CIMBAsean40 1OOUS$ US796 +6 275 149 DBS STI ETF 100 274 +2 4627 3534 DBXT
      417 words
    • 253 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 offer
      253 words
    • 9261 21 UNIT TRUSTS FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced Fund!S 2.089/ AIGIF S'pore Bond Fund/^- 1.355/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 1.11/ APS Alpha Fund (USD)!** 0.8/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt S'pore Pte Ltd AXAWM -Talents
      9,261 words
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  • FINANCE & COMMODITIES
    • 380 22 In local curr In S$ In US$ %dy %yr dy yr dy yr Index Change Change Change Change Change Change 0ct14 World Index Preliminary 816.5 1.2 20.5 1.0 21.7 1.5 26.1 t EAFE Preliminai 774.5 1.3 19.3 1.4 24.6 1.9 29.0 Euro[ Prelim inan 1114.0
      380 words
    • 131 22 As at 9am Oct 15 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2650 1.3040 .an dollar 1.3510 1.3680 Euro 2.0650 2.0890 NZ dollar 1.0260 1.0490 iterlini ind 2.2140 2.2391 US dollar 1.3820 1.3970 Local dollars to 100 units of foreign
      131 words
    • 182 22 OctiS $S Offer Bid Overnight 1-month 2-months 3-months Overnight mode: 1/4 US$ 5/16 7/16 9/16 11/16 Offer 3/16 3/16 5/16 7/16 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months $Au 0.30 0.35 0.37 0 40 0.70 1.10 1.25 Offer 0.20 0.24
      182 words
    • 29 22 Oct 15 ten Hii Sett ;ti Oct 2729 2729 2710 ilMSCI Oct 324.1 329.2 325.4 "aiwan Oct 279.3 282.9 280.1 Source: MF Global (S) He. Ltd
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    • 20 22 Octls Bid Offer 1-month 1.3877 1.3889 2-months 1.3879 1.3891 3-months 1.3881 1.3892 6-months 1.3885 1.3897 Source: OCBC
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    • 65 22 Oct 15 KLCE PALM FUTURES (RIV Delivery Opening Month Range M/MT) Sett Av Price Price Hi Vol Open Done Position Low Oct09 2191 2200 2194 2127 782 58 Nov09 2175 2142 2180 2108 7272 5958 Dec 09 2177 2110 2177 2106 4515 ***** Jan 10 2178 2111 2178
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    • 294 22 OctiS OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES DecO9 Mar10 Jun10 Sep10 99.6500 99.4150 99.0750 98.6950 8290 5209 3088 4062 EUROYEN TIBOR FUTURES DecO9 99.505 99.505 Mar10 99.530 99.530 Jun10 Sep10 99.535 99.535 Dec10 Mar11 Jun11 Sep11 99.500 99.530 99.535 99.505 99.530 99.545 99.530 99.470 99.385
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    • 173 22 Oct 15 (UBBtK Futures (Closing prices) !SS 3 (US cents/kg) /lonth High Low Close Sett Volume (lots) O/l (lots) MOV09 237.5 Dec 09 237.0 Ian 10 236.7 =eb 10 236.8 Vlar 10 236.8 <\pr10 233.0 232.0 232.0 231.0 236.7 236.8 233.0 232.0 232.0 232.0 232.0 232.5 232.9 128
      173 words
    • 88 22 Oct 15 TREASURY BILLS Period Issue code Maturity Yesterday's Bid Hi< Day's |h Low 3-Month BQ*****H 14.01.2010 1-Year BY*****W 03.05.2010 0.40 0.44 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Hig Day's igh Low 2-Year NX*****H 3.625 5-Year N*****0N 1.375 7-Year N*****0S 2.875 10-Year NX*****W 2.500
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    • 100 22 Oct 14 SOYBEANS (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Nov09 994.00 993.00 1008.75 988.25 Jan 10 998.00 995.75 1010.75 991.75 Mar10 999.00 995.25 1009.00 993.00 May 10 993.50 989.50 1001.00 987.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Oct09 35.95 35.86 36.15 35.93 Dec 09
      100 words
    • 78 22 CRUDE OIL PRODUCTS Oct 14 CRUDE (FOB origin) US$/barrel Close Cham Brent blend (1-Mth F) 73.47 1.31 WTI (Near Mth) 75.22 0.94 Dubai (1-Mth F) 72.79 1.17 Tapis blend 79.55 1.20 Minas 76.60 1.50 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 66.27 79.00 0.55 0.86 US$/barrel US! Opec
      78 words
    • 463 22 Oct 15 AS Rmb Euro HKS IndRsRu Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound us: lustralia 0.942 6.290 0.617 7.141 42.377 86.100 0.826 10.642 3.095 1.233 76.518 42.691 1.279 6.681 0.934 29.680 30.907 0.570 0.921 Canada 1.061 6.676 0.655 7.578 44.976
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    • 79 22 Oct 15 (US$) (SS) 0.***** 0.***** 1 mth 2 mths 0.***** 0.***** 6 mths 0.***** 9 mths 1.***** 12 mths 1.***** 3 mths 0.***** 0.***** 6 mths 9 mths 12 mths 0.***** 0.***** 1.***** 0.***** 0.***** 0.***** SWAP Mid rates (S$) 1 yr 1.***** 2yrs 1.***** 3yrs 1.***** 4yrs
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    • 157 22 Oct 15 Against SS Currencies Bid Offer Against US$ Bid Offer S$fUS$ to one unit of foreign currency: Australian dollar 1.2783 1.2795 0.9213 0.9214 Canadian dollar 1.3567 1.3579 0.9778 0.9779 Euro 2.0713 2.0735 1.4928 1.4932 NZ dollar 1.0370 1.0380 0.7474 0.7475 Sterlini 2.2434 2.2454 1.6169 1.6171 US
      157 words
    • 165 22 Oct 15 KjUW (UbWOZ) UCt 75 UCt 14 GOLD BULLION COINS (S$) Sellirn Hong Kong 1057.00 1064.10 (S$) Selling Buying Bui 'im Oct 14 Oct 13 London 1060.00 1059.20 1061.20 1060.00 Source: Thomson Reuters 1 oz 1646.73 1491 UBS GOLD LUNAR KINEBAR (S$) Selling Buying 10gm $577.80 474
      165 words
    • 71 22 Oct 14 iri iiuiii, yy.i (US$/tonne) Co Close Previous Cash 1869.00 1871.25 3 months 1905.00 1907.00 Copper, Grade A (US$/tonne) Cash 3 months 6202.50 6220.00 6122.00 6139.00 Lead (US$/tonne) Cash 2159.25 3 months 2185.00 2143.75 2170.00 Nickel (US$/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (US$/tonne) Cash
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    • 75 22 Oct 14 :OCOA (Otonne) Close Prev Hii ih/Low Dec 09 2095 2070 2104/2066 Mar 10 2119 2091 2127/2088 May 10 2140 2116 2146/2112 Jul 10 2083 2060 2085/2060 COFFEE (US$/tonne) Close Pev High/Low Nov09 1445 1427 1450/1432 Jan 10 1479 1460 1485/1465 Mar 10 1508 1490 1511/1495 SUGAR (US
      75 words
    • 2289 22 BONDS, WARRANTS EXTENDED SETTLEMENT Pel lode Company Last Sale Vol Conv Exer +or- ('000) Ratio Price Disc Gear- Mths ing Left Asia-Pacific Strategic W*****6 >036 Advance SCT Ltd W*****9 3 0.5 1 15 6 5.67 1 87 1358 12.00 55 10 Allgreen Properties.ES.0910 5756 Asiatic Grp (H) W*****2 H05#Asiatravel W*****7
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  • Page 23 Advertisements
    • 2813 23 Shipping Times A KPI WAN HAI INTERNATIONAL PTE LTD UEN: *****4695M W £^_T^l W K\.M gSSffrr^'^TOBIlLnjSyffl V;„\ lAfAI.1 UAI I llirr TEL: *****588 (14 LINES) FAX:*****163 I mmT A^B Hi^^^l llM^^^^^I -HsIMIMK NnHRMN V\^^l I WAN HAI INtj FKL TEL: <03| *****888 FAX: (03) *****283 PEN TEL: <04) *****00 FAX:
      2,813 words

  • Page 24 Advertisements
    • 3110 24 r^VHBIBEI^BSIH! I H~E~ EASTERN CAR LINER, LTD inH ~EITF7J#fi I |f-5— 1 I specialize in roro heavy lift UPTO 450 tons~| I WEEKLY EXPRESS SAILING SCHEDULE I winii?!iiMWTi iinirr! >s^^ iisnHa^Mi^MZsg i i "y i k»( i sin i pkl ibui i mnl i kj™h!b I GENU|SSTAR 42 45 jo
      3,110 words

  • executive lifestyle
    • 680 25 The economic skies may be brightening, but for many charities 2009 will go down as one of the most challenging years ever. If it was bad for established charities, first-time fundraisers had it worse. But with a bit of creativity and a never-say-die attitude, some
      YEN MENG JIIN  -  680 words
    • 652 25 Labyrinth, a group art exhibition THE challenging financial year was precisely the reason why four artists Clare Gaylard, Donna Coughlin, Martha Chaudhry and Susanne Paulli decided to pool their art together to raise money for the Down Syndrome Association (DSA). "It's (the economy) all the more reason to
      652 words
    • 491 25 Singapore Chefs' Association Charity Dinner THE Singapore National Culinary Team came in fourth at the Culinary Olympics in Germany last year, beating 17 countries and achieving fame as the first Asian country on the top list. So, to "celebrate" the occasion, what better
      491 words
    • 398 25  -  CHEAH UI-HOON Calendar of charity events until the year-end (not all-inclusive): The Cat Tea Party Organised by Strip and the Cat Welfare Society. All tickets retail at $40, and all proceeds will go to the Society. For $40, you can tuck into a high tea
      398 words
    • CINEMA
      • 603 26 The Hurt Locker provokes serious thought, says GEOFFREY EU WAR is hell, but as The Hurt Locker amply and ably demonstrates, it is also a huge adrenalin rush providing the kind of heart-thumping excitement that won't be found in normal circumstances. Directed
        BLOOMBERG  -  603 words
      • 507 26  -  AMANDA DE GUZMAN By WHAT hasn't been said about Meryl Streep? Rarely does an actress command or deserve such a level of reverence from critics and audiences alike. And it seems she's taking this latter part of her career to have some fun, with
        507 words
      • 442 26  -  CHRISTOPHER LIM DVD REVIEW By BEFORE the Twilight franchise sent the supernatural world of vampires and werewolves surging into the spotlight, there was Underworld a series of films known more for its dark, cult appeal than brooding teen idols. Underworld: Rise Of The Lycans is
        442 words
    • MUSIC/GAMING
      • 730 27 The bank's sponsorship has enabled the New York Philharmonic Orchestra to tour here, reports CHRISTOPHER LIM MAJOR corporate sponsorship of the arts is always at risk during a global economic crisis, and no one is exempt. Not even a big name like the New York
        730 words
      • 638 27 By CHRISTOPHER LIM MUSIC games Rock Band and Guitar Hero have been credited with giving such a strong boost to the music industry that their common weakness a dumbed-down experience is glossed over as an acceptable cost of accessibility. But developer Rockstar
        638 words
      • 501 27  -  CHRISTOPHER LIM By IT'S tough when a classical soloist knows that a large chunk of his audience will probably be judging his performance of a set of 24 variations based on his interpretation of just one of them. But 14-year-old Conrad Tao must
        501 words
      • 566 27  -  CHRISTOPHER LIM CD REVIEW Patrizio Patrizio Buanne Warner Rating: B- By TENORS are a dime a dozen in the pop music industry, but baritones are relatively rare, so Patrizio Buanne already stands out from the pack with his deep voice. He's also one of
        566 words
    • ARTS
      • 864 28 Artists, their works and their ideas An upcoming exhibition of Singaporean and French artists provides interesting works, but the 'New Generation' label may be a tad onerous, says CLARISSA TAN AN upcoming exhibition that aims to give exposure to new artists may give us reason inadvertently or not to ponder
        864 words
      • 760 28  -  CHEAH UI-HOON By ASIANS will likely get more out of RE-(I, 11, III) than the Westerners who have seen it so far, feels New York-based choreographer Shen Wei. The three-part dance makes its Asian premiere at the da:ns festival this year it speaks
        ALEX PINES  -  760 words
      • 397 28  -  AMANDA DE GUZMAN By MANY would consider the Hermes store in Liat Towers to be a playground of sorts. Rei Sato the playful protegee of renowned artist Takashi Murakami turns the figurative into the literal with her new exhibition, No Need For Forever, which
        EDWARD HENDRICKS  -  397 words
    • BOOKS
      • 872 29 Michael Connelly talks to PARVATHI NAYAR about the writing life and his latest book featuring the popular Harry Bosch N Michael Connelly's case, crime does pay. Born in 1956, he turned to crime fiction after discovering Raymond Chandler's works while at the University of Florida.
        872 words
  • Page 25 Miscellaneous

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  • Page 26 Miscellaneous
    • 327 26 CRYPTIC CROSSWORD Across 9 Deputy in the grip of depravi- I through cover? (6) 15 They have no choice, poor 16 Falls behind, having gained iT"^ HH H^ nothing in old capital (5) J a wild animal (5) araso (7) I I I 22 The reason he left crime (7)
      327 words


  • Page 28 Miscellaneous
    • 573 28 All in the family AYER Pasang, Ayer Surut (above) is a play that will let viewers take a peek at a typical Peranakan family in the 1960s and *****. While its story centres around Peranakan culture and society which has enjoyed a surge of interest with the popularity of the
      573 words

  • Page 29 Advertisements
    • 3142 29 IN THE MATTER OF I I IN THE MATTER OF I ROMARVENTURECOM PTE LTD In The Matter of I im TUC miATTCD nc I I THE COMPANIES ACT CAP 50 THE COMPANIES ACT, CAP. 50 UEN/CO REG NO *****2091K The Companies Act, Cap. 50 IN lilt MAI I HI Ur
      3,142 words

  • WINE
    • 1004 30 N X YONG offers a 'no-brainer' guide on when to start drinking your wine TWO weeks ago, I thought it was time to "look" at the bottle of Chateau Climens 1921 that I had been saving for a special occasion. It had been purchased
      1,004 words
    • 463 30  -  CHRISTOPHER LIM By SINGAPORE may be making progress in becoming a regional wine hub, but in the area of wine auctions, it still seems to lag Hong Kong. Independent wine consultant David Wainwright isn't surprised that this has been the case. He helped auction
      463 words
  • Page 30 Advertisements
    • 112 30 Global Sponsor of the New York Philharmonic We look at things from a different perspective for the benefit of our clients. An approach we share with the New York Philharmonic. As Global Sponsor we are proud to support this renowned institution that continuously sets new standards in innovation redefining classical
      112 words