The Business Times, 5 March 2010

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Microfilm: NL30612
Total Pages: 32
1 32 The Business Times
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  • Title Section
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    22 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 123/08/2009 Friday, March 5,2010
    22 words
  • Article, Illustration
    Lock icon $1.25m Lexus sold at speed of light
    500 1  -  Two units for S’pore snapped up before price announcement By SAMUEL EE [SINGAPORE] How fast can one sell the new $1.248 million Lexus LFA supercar the first that Japan has ever produced? Probably as fast as the car itself. Two units bound for
    XINHUA  -  500 words
  • Article
    Lock icon Growth-seekers to get pick of the goodies
    789 1  -  Govt also tweaks productivity and innovation credit scheme to help SMEs By CHUANG PECK MING [SINGAPORE] Finance Minister Tharman Shanmugaratnam yesterday announced refinements to the Productivity and Innovation credit scheme while he spelt out how Budget 2010 was fundamentally different from last year’s
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  • Article
    Lock icon MARKETS DIGEST
    141 1 ST INDEX 2,768.70 (-14.09) ST INDEX FUTURES 2,765 (-14) SIMSCI 330.86 (-1.61) SIMSCI FUTURES 330.80 (-2.00) FOREX US$ S$ US$ (S$ per US$) 1.401 (US$/S$ per 1.503 2.104 EURO (US$/S$/E) 1.364 1.910 Foreign currency per US$ S$ YEN 88.40 63.10 RM 3.374 2.409 HK$ 7.763 5.543 BAHT 32.66
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      143 1 CINEMA Tumbling down Tim Burton’s rabbit hole PROPERTY Buangkok site attracts highest-ever EC bid PAGE 2 OSCARS Geoffrey Eu’s predictions PAGE 30 PAGE 31 WINE A toast to German Riesling PAGE 29 EXECUTIVE LIFESTYLE Beer restaurants set to grow PAGE 32 OMEGA BOl ft 4 5) 6509 9712 Raffles City
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      13 1 It wasn’t wrong to speed up economic growth: Tharman, Page 12 *****1 *****4
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  • TOP STORIES
    • Article
      Lock icon THREE-MINUTE DIGEST
      544 2 Growth-seekers to get pick of the goodies FINANCE Minister Tharman Shanmugaratnam yesterday announced refinements to the Productivity and Innovation credit scheme while he spelt out how Budget 2010 was fundamentally different from last year’s Resilience Package. He said this time around, the benefits will not be spread equally
      544 words
    • Article
      Lock icon Buangkok site attracts highest-ever EC bid
      767 2  -  The tender draws 11 bids, the highest being about $315 per sq ft per plot ratio By KALPANA RASHIWALA [SINGAPORE] A 99-year-leasehold executive condominium (EC) housing site near Buangkok MRT Station has fetched the highest ever bid for an EC site. The top bid
      767 words
    • Article
      Lock icon Bank Negara hikes rates by 25 basis points
      406 2 Policy rate forecast to peak by year-end in range of 2.5-3% Reuters [KUALA LUMPUR] Malaysia’s central bank raised interest rates by a quarter of a point to 2.25 per cent yesterday, making it the first central bank in Asia outside Australia to
      Reuters  -  406 words
    • Article
      Lock icon Correction
      34 2 IN the report “Second-tier cities offer growth potential” (BT, March 4), Loh Shyh is the CEO of Mapletree Investments, China, and not the CEO of Mapletree Investments. We are sorry for the error.
      34 words
    • Article
      Lock icon S’pore slips to 7th spot in innovation rankings
      689 4  -  HK tops in Asia and is third globally in latest Insead report By AMIT ROY CHOUDHURY [SINGAPORE] Singapore slipped two ranks from its fifth position last year in the latest rankings of the world’s most innovative countries and economies compiled by global
      689 words
    • Article, Illustration
      Lock icon Stanchart S’pore tops $1b pre-tax profit for first time
      505 4  -  Record showing due to bigger market share, new services By EMILYN YAP [SINGAPORE] Standard Chartered Bank Singapore has emerged from the recession standing tall, reaping a pre-tax profit of US$714 million for the year ended Dec 31, 2009. This works out
      505 words
    • Article, Illustration
      Lock icon Prudential-AIA merger ‘good’ for employees
      427 4  -  By SIOW LI SEN [SINGAPORE] Staff of Prudential and AIA, worried about their future, heard first-hand yesterday why the merger of their two companies is good for them. They were told that job losses from the exercise will be at the back-end where there are
      REUTERS  -  427 words
    • Article
      Lock icon Terror threat spurs extra Malacca Strait patrols
      641 4 Regional authorities warned of planned attacks on oil tankers in waterway Reuters [SINGAPORE] Malaysia, Singapore and Indonesia have stepped up maritime and air patrols in the Malacca Strait after receiving a warning that a terrorist group is planning attacks on oil tankers in
      Reuters  -  641 words
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      179 2 YOUR SUPPORT IS OUR BIGGEST REWARD. Thank you for making us SICOM's Top Volume Clearing Member (Broker) 2009 A 9 At Phillip Futures, we offer trading access to a variety of commodity futures products ranging from Energy and Metals to Agriculture. Consult our experts on hedging techniques, and enjoy superior
      179 words
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      293 2 INCENTIVIZE XjL YOUR With the Government exhorting organizations such as yours to upsize your staffs productivity, here're some exciting ideas to raise it in a fun way. You can also use this opportunity to show appreciation to your staff for sticking by you when the going got tough during the
      293 words
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      402 3 ITUDE. ALTITUDE. In so many ways Altez is heads and shoulders above the rest. At 250 metres, it is the tallest residential tower in Singapore and one of the 20 tallest residential buildings in the world. A landmark of architectural elegance, Altez is a defining point in the Singapore skyline.
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      415 4 Distinguished! Speakers I Lecture Series Corporate Governance Singapore Chinese Chamber of Commerce Industry is proud to present the fourth in our Distinguished Speakers Lecture Series. During this lecture, JY Pillay will draw from his experiences in both the civil service and corporate world to emphasise the need to uphold high
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon UOB’s calculated gamble
      695 6  -  HOCK LOCK SIEW By CONRAD TAN UNITEDOverseasBank (UOB) has taken a gamble a deliberate, and cautious one. It scaled back much of its overseas loan business in the first half of last year amid the uncertain economic conditions then, but continued to push for loans growth in
      695 words
    • Article, Illustration
      Lock icon HKLand turns around with US$1.64b profit
      507 6  -  By ARTHUR SIM HONGKONG Land Holdings (HKLand) has announced a net profit of US$1.64 billion for the year ended Dec 31, 2009, a turnaround from 2008’s US$109 million loss. The profit attributable to shareholders comprises underlying profit of US$777.1 million (up 107 per cent
      507 words
    • Article
      Lock icon Dairy Farm profit up 9% despite tough climate
      388 6  -  Sales rose 4%; South Asia put up sterling performance By FELDA CHAY DAIRY Farm International Holdings said yesterday its sales and profit rose last year despite tough economic conditions. For the year ended Dec 31, 2009, the pan-Asian retailer posted a 9
      388 words
    • Article, Illustration
      Lock icon Raffles Edu may invest RM200m in Johor campus
      607 8  -  It also aims to list China unit, Oriental University City, in HK by 2012 By LYNETTE KHOO in Langfang City, Hebei RAFFLES Education Corporation (REC) may pump RM200 million (S$83 million) into a campus in Iskandar Malaysia over five years. The multi-institutional
      607 words
    • Article
      Lock icon S-E Asian telcos shine, tap mobile data for growth
      520 8 Reuters [BANGKOK] Trendy smartphones are emerging as a boon for telecommunications operators in Southeast Asia, where growth in telecom services is set to outpace the rest of Asia as the region snaps back from the financial crisis. From the saturated markets
      Reuters  -  520 words
    • Article
      Lock icon SGX investing $70m in system upgrade
      244 8  -  By JAMIE LEE SINGAPORE Exchange (SGX) is spending $70 million over the next 10 years to upgrade its trading and clearing system. The bourse operator said yesterday that it has extended its partnership with existing technology vendor Nasdaq OMX as part of its upgrading
      244 words
    • Article
      Lock icon ‘Pay special dividend’ call to Lion Asiapac
      387 11  -  Shares trading at huge discount to cash value, group says in petition By CHEW XIANG SOME shareholders of Lion Asiapac want the company to pay out some of its $190 million cash hoard as a special dividend to boost the share price, which
      387 words
    • COMPANY BRIEFS
      • Article
        Lock icon Deutsche Bank to list ETF tracking CSI 300
        95 11 DEUTSCHE Bank said that it would list on the Singapore Exchange (SGX) the world’s first Exchange Traded Fund (ETF) that tracks the performance of the CSI 300, an index that replicates the performance of the 300 most representative A-shares listed on the
        95 words
      • Article
        Lock icon Mandarin Oriental 2009 profit up 24%
        203 11 MANDARIN Oriental International reported that net profit for 2009 rose 24 per cent to US$83.3 million, boosted by an US$81 million gain on the sale of its Macau hotel interest. Otherwise, underlying profit for the year was weaker, at US$12.4 million, compared with US$67.1
        203 words
      • Article
        Lock icon Hotel Royal unit to buy Coronade Hotel
        119 11 HOTEL Royal said that its subsidiary, Premium Lodge Sdn Bhd, plans to buy The Coronade Hotel Kuala Lumpur for RM93 million (S$38.6 million). A conditional sale and purchase agreement was entered into yesterday. Hotel Royal said that the acquisition will be in its
        119 words
      • Article
        Lock icon Second Citadines to open in Japan
        88 11 CAPITALAND’S wholly owned service residence arm, The Ascott Ltd, will open its second Citadines property in Japan on March 8. The 124-unit Citadines Kyoto Karasuma-Gojo follows the successful opening of Ascott’s first Citadines service residence in Japan, Citadines Tokyo Shinjuku, in March last year.
        88 words
    • Article, Illustration
      Lock icon POSB helps students make cents of coin recycling
      311 11  -  By ARTHUR LEE EVERY year, an estimated 50 million coins go “missing”, never to be seen in circulation again, says Yip Pak Ling, mint director of the Singapore Mint. He attributed this to the tens of thousands of tourists who pass through
      ARTHUR LEE  -  311 words
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      1152 6 WAT-ci NOTICES IN THE MATTER OF THE COMPANIES ACT (CAP. 50) AND IN THE MATTER OF GOODRICH CONTROL SYSTEMS PTE. LTD. (In Members' Voluntary Liquidation) (Co. Reg. No. *****7185K) NOTICE OF RESOLUTION At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held pursuant to
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      216 7 i OR M J COGNAC de MARTELL CORDON BLEU O z o O UJ CO < O UJ Z O O I- CL I—o X CO _l _l _l _l < CQ Dedicated to inspiring creativity, independence and the pursuit of excellence, Martell Cordon Bleu presents ICON de Martell Cordon
      216 words
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      139 8 16A CABLE ROAD Enquiries and viewings, please contact: Evelyn Ng 9847 6899 Newsman Realty Pte Ltd Sole Marketing Agent Get your copy from any Spinelli outlet at $5.50 and get a complimentary Spin or Latte! March Pulses Out Now! Check out how four Singapore companies market their popular F&B products
      139 words
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      162 8 Wicker Outdoor Set (3+1 1+CT) UP:$1269 $899 2 Wicker Chairs H with |j I Teak Table B Wicker Outdoor Set (4+i) i UP:$699 UP:S. |Now| Now $399| Table lmx lm $799 SALE ON! 13 S DAYS Wicker Outdoor Set (3+1 1+CT) |TiTP-fft1 RQQ_ $1299 Wicker Aluminium Folding Chair Relax Chair
      162 words
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      1107 8 BSAT3 BUY IT-SELL IT- FIND IT NOTI HISAKA HISAKA HOLDINGS LTD. Registration No. *****8585R i rAutomation solution*Provider (incorporated in Singapore) www.hisaka.com.sg NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an EXTRAORDINARY GENERAL MEETING of the Company will be held at 63 Sungei Kadut Loop, Hisaka Industrial Building, Singapore
      1,107 words
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      247 9 Kofi 'A The Ultimate Degree for Finance Executives EDHEC-Risk Institute PhD in Finance London Nice Singapore Since 2008, EDHEC-Risk Institute has been offering a unique PhD in Finance programme to elite practitioners who aspire to higher intellectual levels and aim to redefine the investment banking and asset management industries. Drawing
      247 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Shares end lower on China concerns
      570 10  -  STI loses 14 points following plunges in China and HK markets, and weak Europe opening STOCKS R SIVANITHY Senior Correspondent AFTER being out of the picture for the better part of the past two months, China appears to be a factor again. In yesterday’s
      570 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 10 DAILY
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    • Article
      Lock icon OTHER SINGAPORE INDICES
      65 10 Mar 4 VALUE CLOSE BT OB/OS -59.00 -8.00 BT CADI -*****.00-156.00 BT 10-day MA -*****.00 -6.00 FTSE ST Mid Cap 674.25 -2.10 FTSE ST Small Cap 529.24 -5.20 FTSE ST All Share 684.50 -3.43 FTSE ST China Top 272.02 -2.99 FTSE ST China 289.98 -2.72 FTSE ST
      65 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 10 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 1 9 7 0 0 0 1 9 7 Manufacturing 36 70 81 2 5 16 38 75 97 Commerce 11 29 26 1 6 5 12 35 31 Tpt/Stor/Comms 11 19 12
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    • BROKERS’ TAKE
      • Article
        Lock icon Singapore Reits
        445 10 OCBC INVESTMENT RESEARCH, March 4 FIVE out of the eight Singapore real estate investment trusts (S-Reits) under our coverage reported Q4 2009 earnings that were in line with our estimates, with quarterly distributions per unit (DPU) differing from our estimates by up to 4 per cent. Ascendas Reit
        445 words
      • Article
        Lock icon Epure International
        487 10  -  Compiled by CONRAD TAN Mar 4 close: $0.865 PHILLIP SECURITIES RESEARCH, March 4 EPURE International reported that its revenue increased by 26.2 per cent from 1.02 billion yuan (S$210 million) in 2008 to 1.29 billion yuan in 2009. Revenue in Q4 2009 increased by 24.3 per cent y-o-y
        487 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      120 10 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 12,031 12,031 44,817 44,817 Manufacturing 252,247 24,919 277,166 218,829 616 219,444 Commerce 95,527 16,551 112,078 118,352 5,746 124,098 Tpt/Stor/Comms 74,524 2,220 76,744 145,178 231 145,409 Finance 18,352 18,352 136,773 136,773 Construction 36,247 5,826 42,073 10,035
      120 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      111 10 Stock name Close Change Stock name Close Change CapitaLand 3.890 -0.010 CapitaMall 1.790 -0.030 CityDev 10.260 -0.060 ComfortDelGro 1.540 -0.010 Cosco Corp 1.160 -0.050 DBS Grp 14.080 -0.100 F&N 4.350 +0.050 Genting SP 0.845 -0.025 Golden Agri 0.535 +0.005 HK Land 4.780 -0.020 JMH 29.580 +0.120
      111 words
    • Article, Illustration
      Lock icon Greece bond demand helps euro pare losses
      494 10 CURRENCIES Reuters [LONDON] The euro pared losses yesterday after Greece’s sale of 10-year bonds drew solid demand, while investors awaited comments from European Central Bank President Jean-Claude Trichet. As expected, the ECB held rates at a record low 1.0 per cent, with the
      Reuters  -  494 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      54 10 VOLUME Genting SP 188,927,000 Golden Agri 51,180,000 Midas 28,427,000 Z-Obee Hldgs 21,131,000 StraitsAsia 19,156,000 Noble Grp 18,529,000 PNEMicron 16,912,000 Yangzijiang 16,363,000 Oceanus 15,435,000 Healthway 15,206,000 VALUE($) Genting SP 160,676,173 DBS Grp 61,088,008 Noble Grp 58,935,550 SIA 41,705,040 CapitaLand 41,076,270 Wilmar 40,149,046 SingTel 39,838,910 StraitsAsia 37,897,630 SGX 34,339,610
      54 words
    • Article
      Lock icon RISES
      115 10 BY CENTS CLOSE UP DBXT FTVietnam 10US$ 4374 65.8 1.1 Lyxor Europe 10 US$ 1209 54.6 3.3 STXPO 100 1442 40.0 2.9 GLD 10US$ ***** 29.4 0.2 OCBC Bk 4.5%NCPS 100 9878 28.0 0.3 DBXT MSEurope 10US$ 4082 21.0 0.4 OCC 5.1% NCPS 100 ***** 20.0 0.2 JMH 2958
      115 words
    • Article
      Lock icon FALLS
      119 10 BY CENTS CLOSE DOWN DBXT FTChina25 10US$ 2888 -64.4 -1.6 Lyxor China H 10US$ 1525 -44.8 -2.1 Jardine C&C 2484 -34.0 -1.4 Wilmar.ES.1003 648 -29.0 -4.3 DBXT MSTaiwan 10US$ 1539 -18.2 -0.8 Wilmar 649 -18.0 -2.7 SGX 753 -16.0 -2.1 DBS Grp 1408 -10.0 -0.7 Hyflux 338 -9.0 -2.6
      119 words
    • Article
      Lock icon CURRENCIES
      87 10 Where S$ stands Mar 4 CHNG YR 2010 CLOSE FR Mar 3 S$ LOW S$ HIGH US$ 1.4095 -0.57 1.4219 1.3869 Euro 1.9249 -0.73 2.0153 1.8959 Pounds 2.1219 -0.92 2.2776 2.0969 A$ 1.2704 -0.35 1.2923 1.2276 Yen* 1.5927 -0.73 1.5927# 1.5027 Rupiah* 0.***** -0.67 0.*****# 0.***** Baht* 4.3163 -0.73
      87 words
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      149 11 CONCOURSE SKYLINE DISCOVER TRUE CITY LIVING r v'£< OUR WATER FEATURE OUR PLAYGROUND OUR ISLANDWIDE SHUTTLE SERVICE tOOi 'OS' Nicoll Highway MRT Station Pre-opening Special: STAMP DUTY ABSORBED for selected units until 17 April. Book now! tOOi 'OS' Interest absorption scheme available. "Terms and conditions apply. View our showsuites at
      149 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Boosting productivity with fewer foreign workers aim of levy hike
      541 12  -  Merely replacing foreign workers with locals won’t produce results: Gan YESTERDAY IN PARLIAMENT By CHUANG PECK MING THE move to raise the foreign worker levy is to encourage employers to improve productivity with fewer foreign workers, not just to push
      FILE PHOTO  -  541 words
    • Article, Illustration
      Lock icon Programmes for seniors to get $100m funding
      473 12  -  Budget will be used to promote wellness and active ageing By CHEN HUIFEN THE government will be setting aside $100 million over the next five years to promote wellness and active ageing among seniors as well as to enhance the delivery of care
      FILE PHOTO  -  473 words
    • Article, Illustration
      Lock icon Kan Seng: No cap on foreigners becoming PRs
      388 12  -  By CHEN HUIFEN THE government will tighten the framework to raise the quality of immigrants in Singapore but it will not place a cap on the number of new permanent residents allowed each year, said Deputy Prime Minister Wong Kan Seng. “We
      388 words
    • Article
      Lock icon It wasn’t wrong to speed up economic growth: Tharman
      480 12  -  By CHUANG PECK MING THE grow-as-fast-as-we-could strategy Singapore took in the past decade was not wrongheaded, as critics have claimed, Finance Minister Tharman Shanmugaratnam said yesterday. Responding to Inderjit Singh (Ang Mo Kio), Low Thia Khiang (Hougang) and Non-Constituency Member of
      480 words
    • Article, Illustration
      Lock icon Egypt minister sees CECA with S’pore in 1 year
      451 12  -  Mohieldin will try to expedite matters in Hng Kiang meeting By LEE U-WEN OVER three years have passed since the first seeds for a trade deal between Singapore and Egypt were planted, with the finish line to wrap up negotiations now
      451 words
    • Article
      Lock icon Schools to increase students’ use of ICT
      206 12  -  By ZEINAB YUSUF SAIWALLA SCHOOLS will devote at least 20 per cent of the curriculum over the next five years to using info-communications technology (ICT) to support self-directed and collaborative learning. The move is part of the Ministry of Education’s (MOE) third Information
      206 words
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      30 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon US economy plods ahead despite snowstorm losses
      622 13 Of the 12 regions surveyed by Fed, nine show improvement AP [WASHINGTON] The US economy has continued its slow growth but harsh snowstorms crimped activity along the East Coast last month, according to a Federal Reserve report. The Fed’s Beige Book survey, released
      AP; AFP  -  622 words
    • Article
      Lock icon Australia’s Jan trade deficit hits 7-month low
      517 13 Reuters [SYDNEY] Australia’s trade deficit narrowed to its lowest in seven months in January as fuel imports fell sharply while exports of iron ore picked up, a hopeful sign that trade will be less of a drag on the economy going forward. The
      Reuters  -  517 words
    • Article
      Lock icon French jobless rate climbs to 9.6% in Q4
      231 13 AFP [PARIS] French unemployment rose sharply in the fourth quarter of 2009 to reach a rate of 9.6 per cent, wiping out the country’s gains on the jobless front over the past decade, official figures showed yesterday. “The unemployment rate has climbed
      AFP  -  231 words
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      142 13 Power is in your hand if you can "tame i"t. ii k i. >a I s> V> Power isn't just exceptional with the Jaguar XKR. It is extraordinary. A breathtaking 510ps of supercharged power to take you from O to TOOkm/h in a mere A. 8 seconds. Truly, it's a
      142 words
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon M’sia shelves two-tier pricing plan for petrol
      582 14  -  Govt awaits findings of subsidy taskforce before making the next move By PAULINE NG THE Malaysian government yesterday said that it would not proceed with a “two-tier pricing” proposal for fuel purchases owing to public opposition, but would await the findings of a
      REUTERS  -  582 words
    • Article
      Lock icon Fresh MCA polls likely as more officials quit
      297 14 AP [KUALA LUMPUR] Two-thirds of the leaders of the second-biggest party in Malaysia’s ruling coalition have quit after months of infighting, triggering internal elections. Eight officials resigned from the Malaysian Chinese Association party’s central committee yesterday, bringing to 21 the total who
      AP  -  297 words
    • Article
      Lock icon Bailout probe sets biggest political crisis for Yudhoyono
      289 14 AP [JAKARTA] Indonesian’s Parliament called for a criminal investigation into a US$715 million government bank bailout in a vote that analysts said yesterday created the greatest political crisis of Susilo Bambang Yudhoyono’s six-year presidency. Indonesia’s independent anti-corruption commission already has been looking
      AP  -  289 words
    • Article
      Lock icon Stop demonising palm oil: Jakarta
      286 14 AFP [NUSA DUA, Indonesia] It is blamed for everything from deforestation to threatening the extinction of the orangutan, but palm oil is a vital source of income for many developing countries, the crop’s producers say. In Indonesia, the world’s largest palm oil producer, where the
      AFP  -  286 words
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      1619 14 adv STX PAN OCEAN CO., LTD. (A corporation with limited liability established under the law of the Republic of Korea) (Company Registration No. *****1-*****86) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of STX Pan Ocean Co., Ltd. (the "Company") will be held at
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      4 14 HRSlW®* et,nS m www.radio9l3.com
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  • GREATER CHINA
    • Article, Illustration
      Lock icon Politics seen blocking fixes to economic imbalance
      730 15 Hu, Wen nearing end of tenures; officials, company heads against fixes Bloomberg [BEIJING] Premier Wen Jiabao calls China’s economic growth path “unbalanced, uncoordinated, and unsustainable”. This week’s annual parliament session may prove that he is unable to change its course. Mr Wen, 67,
      Bloomberg; REUTERS  -  730 words
    • Article
      Lock icon CIC: Managing assets more complex in 2010
      455 15 Reuters [BEIJING] China’s US$300 billion sovereign wealth fund completed most of its investments in 2009, leaving relatively little cash on hand, a senior executive said yesterday. Jesse Wang, executive vice-presi-dent and chief risk officer at China Investment Corp (CIC), described the fund’s overseas
      Reuters  -  455 words
    • Article
      Lock icon China’s defence spending up 7.5%
      276 15 AP [BEIJING] China announced yesterday a planned 7.5 per cent boost in defence spending this year, a smaller increase than expected and the first time in more than two decades the jump has been less than double-digit. The increase will be used to enhance China’s
      AP  -  276 words
    • Article
      Lock icon HKEx warns of tougher China competition
      515 15 Q4 profit up 3% at HK$1.23b, missing analysts’ forecasts Reuters [HONG KONG] Hong Kong Exchanges Clearing, the world’s No 2 exchange operator by market value, warned of tougher competition from mainland China as it posted quarterly earnings just below analysts’ forecasts. “The increasing internationalisation
      Reuters  -  515 words
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      156 15 off Lunch JI/IMI3© bill the big name in seafood (For dine-in only) Fuss-free Seafood Lunch 25% off* St. Award-winning De-shelled Chilli Crab Claw with Mantou Riverside Point The Riverwalk Singapore Indoor Stadium NSRCC/SAFRA Resort Dempsey Hill *Not available at East Coast www.jumboseafood.com.sg Tel: 6532 3435 Tel: 6534 3435 Tel: 6440
      156 words
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  • INDIA
    • Article, Illustration
      Lock icon New opportunities for S’pore businesses in India
      555 16  -  Sectors cited include food processing, education and urban solutions By MALMINDERJIT SINGH “SINGAPORE’S FDI inflows into India should get higher priority,” said Indian High Commissioner to Singapore T C A Raghavan in his address at a seminar on the Indian budget here yesterday.
      555 words
    • Article
      Lock icon Sonia signals fuel tax rise will stay
      491 16 Truckers’ plan to up freight rates adds to govt’s inflation fears Reuters [NEW DELHI] Sonia Gandhi, head of the ruling Congress party and India’s most powerful politician, yesterday backed the finance minister, effectively signalling her support for a move to raise taxes on
      Reuters  -  491 words
    • Article, Illustration
      Lock icon Mumbai’s failed land sale may hit property prices
      532 16 Bloomberg [MUMBAI] Mumbai’s failure to lure any bidders in the first government land sale in at least 11/2 years may cause rates in that area to fall as India’s financial hub seeks to develop the reclaimed marshland into a key business district.
      Bloomberg; BLOOMBERG  -  532 words
    • Article, Illustration
      Lock icon EU trade chief sees progress in India FTA talks
      302 16 Reuters [BRUSSELS] A free trade agreement with the European Union could create new export opportunities worth US$9 billion for Indian industries, EU trade chief Karel de Gucht said yesterday. Mr De Ducht, on a visit to India, said that he expected
      Reuters  -  302 words
  • Page 16 Advertisements
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      Lock icon Page 16 Advertisements Column 1
      960 16 MATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg WJ onnfliK fj- J LIMITED (Incorporated in the Republic of Singapore) Co. Reg. No. *****2066M NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting (the "EGM") of the Shareholders of ANNAIK LIMITED will be held on 22 March
      960 words
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      Lock icon Page 16 Advertisements Column 2
      209 16 DAVIDS ASIA PTE LTD UEN CO REG NO: *****5713Z (IN MEMBERS' VOLUNTARY WINDING-UP) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. 50 that the Final Meeting of the Members of the abovenamed company will be held at 7500A Beach Road #16-321
      209 words
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      Lock icon Page 16 Advertisements Column 3
      44 16 Esha flexes her musclePP tabla! THE HEARTBEAT OF THE INDIAN COMMUNITY WOMEN POWER More women in politics, shrinking gender gap... India has more reasons to celebrate International Women's Day GET YOUR COPY TODAY FROM ALL 7-ELEVEN OUTLETS WHILE STOCKS LAST il j Nv f=?
      44 words
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  • ASIA-PACIFIC/WORLD
    • Article
      Lock icon BOJ, govt clash again amid plans to force yen rate down
      609 17  -  Govt seeking more funds to finance possible currency market intervention By ANTHONY ROWLEY in Tokyo THE war of words between Japan’s government and the Bank of Japan over how to prevent the world’s second economy sliding into a deflationary
      609 words
    • Article, Illustration
      Lock icon Mining magnate Forrest Australia’s richest man
      257 17 Philanthropist’s net worth soared 149% to US$4.1 b: Forbes AFP [SYDNEY] Mining magnate Andrew “Twiggy” Forrest has ridden a wave of iron ore exports to China to become Australia’s richest man, replacing casino tycoon James Packer, Forbes magazine said yesterday. The Fortescue Metals chief
      AFP; REUTERS  -  257 words
    • Article
      Lock icon HSBC to pay CEO extra £300,000
      298 17 Sum is to cover living costs following relocation to HK Reuters [LONDON] HSBC is to pay its chief executive an extra £300,000 (S$632,000) a year to cover living costs in Hong Kong following his relocation there, the bank’s annual report showed this week. HSBC
      Reuters  -  298 words
    • Article, Illustration
      Lock icon Prius stays top model in Japan despite recall woes
      518 17 AP [TOKYO] Toyota’s Prius remains the top-selling car in Japan despite the automaker’s global recall woes that included braking problems with the hit hybrid. More than 27,000 of the gas-electric hybrids were sold in February, making the Prius the best selling
      AP; REUTERS  -  518 words
    • Article
      Lock icon Bangkok retains riot insurance cover for tourists
      341 17 AP [BANGKOK] Thailand is continuing to offer insurance coverage worth US$10,000 to anyone harmed in riots and demonstrations as it seeks to attract tourists scared off by political turmoil, officials say. Other carrots range from a waiver on all visa fees to discounts
      AP  -  341 words
  • Page 17 Advertisements
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      65 17 WINE DINE AND HOSPITALITY Reach Seriousucfurmets In This Targeted Space Enjoy special advertisement rates dicated culinary environment. Amy Choo Adeline Goh Amy Leo Lawrence Chang *****559 6319 6127 6319 2129 *****650 9690 3432 9681 8289 9730 7101 9229 4919 Lina Tan Alisa Tan Jeffrey Nah Alfred Lee 6319 2045 *****480
      65 words
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      Lock icon Page 17 Advertisements Column 2
      78 17 SPARKLING SUNDAYS. BRUNCH AT OSCAR'S Don't miss Oscar's legendary Sunday Brunch. Linger over the latest local and international selections. Toast our new two-tiered champagne choice: Moet et Chandon or Veuve Clicquot. Simply delicious decisions... only at Oscar's. $138++ with free flow Champagne/ Wine and Beer $108++ with free flow Chandon
      78 words
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  • WORLD
    • Article, Illustration
      Lock icon ECB to roll back more of its crisis assistance
      640 18 It returns next month to ordinary competitive tenders for 3-month loans Reuters [FRANKFURT] The European Central Bank took further steps yesterday to unwind the extraordinary help it has given the eurozone economy in the global crisis, although it still forecasts a
      Reuters; REUTERS  -  640 words
    • Article
      Lock icon New 10-year Greek bond issue sold out
      492 18 AP [ATHENS] Greece launched a critical 10-year bond issue yesterday, a day after winning approval from markets and the European Union for painful austerity measures designed to lift the debt-ridden country out of its financial crisis. The bond was oversubscribed within an hour
      AP  -  492 words
    • Article
      Lock icon Ethics, values missing in financial crisis debate
      764 18 Reuters [PARIS] The debate about fixing the financial crisis seems to be missing a key factor a broad ethical discussion of what is the right and wrong thing to do in a modern economy. This omission stands out at a time when a
      Reuters  -  764 words
    • Article
      Lock icon White House pushes for Wall Street regulations
      663 18 Consumer protections and doing away with financial firms deemed too big to fail are two of the key elements of the legislative efforts to overhaul the rules that govern Wall Street and to prevent a recurrence of the 2008 financial crisis. AP [WASHINGTON]
      AP  -  663 words
    • Article
      Lock icon Citigroup’s Pandit supports strong consumer protection
      347 18 Reuters [NEW YORK] Citigroup Inc chief executive Vikram Pandit said he supports an “enhanced” federal consumer protection authority because problems for consumers can affect the entire financial system. In a prepared testimony for delivery to a bailout watchdog panel in Congress yesterday morning, Mr
      Reuters  -  347 words
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  • AVIATION/SHIPPING
    • Article
      Lock icon AP Moller-Maersk sees return to the black
      480 19 CEO says container shipping will stay in the red as box rates have yet to reach profitable levels Reuters [COPENHAGEN] Danish shipping and oil group AP Moller-Maersk said that it would return to a “modest” profit for 2010 after weak global trade knocked
      Reuters  -  480 words
    • Article
      Lock icon Finnish port strikes hit goods flow
      308 19 Reuters [HELSINKI] Finnish port workers went on strike yesterday, halting the flow of goods into and out of the country, the Transport Workers’ Union said after talks with employers on a new wage deal failed. The Confederation of Finnish Industries, EK, has said the
      Reuters  -  308 words
    • Article, Illustration
      Lock icon Indian airlines seen returning to profit, but not Air India
      435 19 Bloomberg [MUMBAI] Jet Airways (India) Ltd, the nation’s largest carrier, and SpiceJet Ltd may return to profit next fiscal year on rising travel demand even as state-run Air India continues to lose money with ballooning debt. India’s private airlines may
      Bloomberg; AP  -  435 words
    • Article
      Lock icon Air China keen on M&As, expects better earnings
      377 19 Reuters [BEIJING] Air China, the country’s flag carrier, is keen on mergers and acquisitions at home and abroad as it expects earnings to improve in 2010. Air China returned to the black in the third quarter of 2009 with a boost from
      Reuters  -  377 words
    • Article
      Lock icon American Airlines flight attendants plan strikes
      419 19 [DALLAS] American Airlines flight attendants said contract talks with the carrier have stalled after 20 months and federal mediators should start a 30-day clock to a possible strike. The Association of Professional Flight Attendants (APFA) said it would ask the National Mediation Board to
      419 words
    • Article
      Lock icon TRANSPORT STOCKS
      289 19 SGX '000 Feb 4 S$ +/-Vol CH Offshore 0.65 -0.02 920 Chuan Hup Hldgs 0.33 -0.01 102 Cosco Corp 1.26 unch 4709 CWT Ltd 0.97 0.04 ***** Ezra Hldgs 2.21 -0.07 7200 First Ship Lease 0.59 unch 189 Freight Links 0.05 0.01 150 Grand Banks unch unch 0
      289 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2993 19 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi EY470 2200 SQ456 1245 Adelaide LH9771 1740 9W4082 2215 SQ268 1740 AF8088 2215 VS7268 1740 BA7382 2215 --JL5083 2215 QF82 2215 LH9770 2350 --SQ269 2350 VS7269 2350 Amsterdam LO4031 0610 AZ3993 2250 SQ323 0610 KL838 2250 US5410 0610 LO4032
      2,993 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon Putting productivity in perspective
      476 20 EDITORIAL PRODUCTIVITY that shy, often overlooked, contributor to the process of creating national wealth is suddenly in the spotlight again. Raising annual productivity growth from its current anaemic one per cent to, eventually, 3 per cent has been identified as key to Singapore’s economic growth strategy.
      476 words
    • Article, Illustration
      Lock icon Not making hard choices leaves US in la-la land
      755 20  -  THE BOTTOM LINE ROBERT SAMUELSON The Washington Post Writers Group THERE is a make-believe quality to modern American politics: People and this applies across the political spectrum say things that are stupid, misleading or unattainable and think (or pretend) that these
      The Washington Post Writers Group  -  755 words
    • Article, Illustration
      Lock icon HK’s budget mantra: Big market, small govt
      914 20  -  But aims are similar to Singapore’s consolidation charting a new course for growth By OWI KEK HEAN ,LEONARD ONG The writers are respectively head of tax and executive director at KPMG Tax Services. The views expressed are their own HONG KONG Financial Secretary
      AFP  -  914 words
    • Article, Illustration
      Lock icon Stuck in a ‘doomsday cycle’
      2122 21  -  To get out of it, the global economy needs far greater reform than is currently under discussion By PETER BOONE, SIMON JOHNSON Peter Boone is research associate at the Centre for Economic Performance, London School of Economics. Simon Johnson is professor of entrepreneur ship at
      BLOOMBERG  -  2,122 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      8990 22 Transaction date: Mar 4 52-wks Tel Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Code Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 18 3 3148 8Telecom 16.5 unch 294 16.5 16.5 16.5 17 1.7 11 5.3 79 10 2.5 5834
      8,990 words
    • Article
      Lock icon SGX CATALIST
      1674 23 52-wks Tel Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Code Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 10 5 1181 t AA Grp 5.5 4.5 5.5 30.6 5.3 25 12 8538 t APStrategic 15.5 13 15 91.5 4 0.5
      1,674 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      9337 23 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund!** 1.2/ APS Alpha Fund (USD)!** 0.86/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt S'pore Pte Ltd AXA WM -Talents Fund 0.69/ Aberdeen Asset Mgt Asia Limited American Opp 0.6443/ Asian Credit Fund 1.2297/ Asian
      9,337 words
    • Article
      Lock icon SGX ETF
      484 23 52-Wk Tel Last Vol Day Last Quote Div GrYld Net MCap High Low Code Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 111 107 6389 ABF SG Bond ETF 110.4 108.5 110 504 846 427 CIMBAsean40 100US$ US819 +7 20 819 819 812 817 32.8 298
      484 words
    • Article
      Lock icon CLOB INTERNATIONAL
      260 23 52-Wk Tel Last Vol Day Last Quote Div GrYld Net MCap High Low Code Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 56 20 6000 AVJennings A47 46.5 50 3.6 7.4 3.8 122.4 31 6 6017 Genting HK US$ US18 -0.5 898 18.5 18 17.5 18
      260 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      365 24 In local curr In S$ In US$ dy yr dy yr dy yr Mar 3 Index Change Change Change Change Change Change World Index Preliminary 834.0 0.6 0.2 0.7 -1.0 0.9 -0.7 EAFE Preliminary 779.9 0.6 -0.6 1.1 -3.0 1.4 -2.7 Europe Preliminary 1121.8 0.8
      365 words
    • Article
      Lock icon INTERBANK RATES
      180 24 Mar 4 $S Offer Bid Overnight 0.06 0.01 1-month 7/16 3/16 2-months 9/16 5/16 3-months 11/16 7/16 Overnight mode: 0.03 US$ Offer Bid 7 days 0.23 0.18 1 month 0.29 0.24 2 months 0.35 0.25 3 months 0.37 0.27 6 months 0.50 0.40 9 months 0.90 0.60 12
      180 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      22 24 Mar 4 S$ Bid Offer 1-month 1.4002 1.4014 2-months 1.4004 1.4017 3-months 1.4006 1.4018 6-months 1.4012 1.4025 Source: OCBC
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    • Article
      Lock icon SICOM FUTURES
      193 24 Mar 4 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Apr 10 327.5 322.0 327.5 198 654 May 10 324.0 324.0 324.0 44 652 Jun 10 323.5 321.5 323.5 50 800 Jul 10 322.0 321.5 323.0 80 400 Aug
      193 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      86 24 Mar 4 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****X 03.06.2010 0.40 1-Year BY*****N 01.11.2010 0.39 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0A 2.625 01.04.2012 104.32 104.36 104.35 5-Year N*****0N 1.375 01.10.2014 100.35 100.41 100.38
      86 words
    • Article
      Lock icon CHICAGO BOT
      105 24 Mar 3 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Mar 10 954.50 954.25 962.50 953.50 May 10 963.50 unch 971.50 962.00 Jul 10 971.00 970.75 978.75 969.50 Aug 10 966.75 965.75 972.75 967.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Mar 10 40.02 39.81 40.18
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    • Article
      Lock icon CRUDE OIL & PRODUCTS
      77 24 CRUDE OIL PRODUCTS Mar 3 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 79.66 1.15 WTI (Near Mth) 80.86 1.06 Dubai (1-Mth F) 76.65 0.96 Tapis blend 82.25 1.35 Minas 80.15 1.35 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 81.11 0.72 Jet Kerosene 85.90 1.20 US$/barrel Opec Oil
      77 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      2416 24 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Tel Last Vol Conv Exer Disc Gear-Mths Code Company Sale +or-('000) Ratio Price ing Left Asia-Pacific Strat W*****6 2.5 1 15 13 6.20 50 4085 ASJ Hldgs W*****1 1.5 unch 55 1 4 22 3.00 23 2036 Advance SCT Ltd W*****9 0.5 1 87
      2,416 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      132 24 Mar 4 As at 9am Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2550 1.2930 Can dollar 1.3490 1.3650 Euro 1.9060 1.9280 NZ dollar 0.9620 0.9840 Sterling pound 2.0990 2.1240 US dollar 1.3920 1.4080 Local dollars to 100 units of foreign
      132 words
    • Article
      Lock icon STOCK INDEX FUTURES
      27 24 Mar 4 Open High Sett STI Mar 2765 SIMSCI Mar 333.0 335.7 330.8 Taiwan Mar 273.8 275.8 270.6 Source: MF Global (S) Pte. Ltd
      27 words
    • Article
      Lock icon PALM OIL
      68 24 Mar 4 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Mar 10 2641 2680 2685 2629 499 1160 Apr 10 2640 2681 2692 2630 1299 ***** May 10 2634 2674 2686 2622 9634 ***** Jun 10 2587 2662
      68 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      368 24 Mar 4 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Mar10 99.7400 0 4692 Jun10 99.6600 0 5529 Sep10 99.5000 0 2475 Dec10 99.2100 0 2623 EUROYEN TIBOR FUTURES Mar10 99.5650 203 5018 Jun10 99.6050 99.6050 99.6050 99.6050 0 1619 Sep10 99.6250 99.6250 99.6250 99.6100 0 2531
      368 words
    • Article
      Lock icon INTERBANK CROSS RATES
      465 24 Mar 4 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.929 6.134 0.659 6.976 41.185 83.367 0.794 10.288 3.031 1.306 76.327 41.428 1.259 6.762 0.964 28.736 29.347 0.598 0.899 Canada 1.077 6.606
      465 words
    • Article
      Lock icon SIBOR
      85 24 Mar 4 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 0.***** 0.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths
      85 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      154 24 Mar 4 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2579 1.2591 0.8985 0.8986 Canadian dollar 1.3544 1.3563 0.9674 0.9680 Euro 1.9092 1.9112 1.3637 1.3640 NZ dollar 0.9629 0.9644 0.6878 0.6883 Sterling pound 2.1032 2.1056 1.5023 1.5027
      154 words
    • Article
      Lock icon PRECIOUS METALS
      138 24 Mar 4 GOLD (US$/oz) Mar 03 Mar 04 Hong Kong 1132.80 1134.60 Mar 02 Mar 03 London 1130.95 1142.25 1131.75 1143.05 Source: Thomson Reuters CAST BAR Mar 04 (S$) Selling Buying Kilobar "54,803.26" ***** PAMP GOLD BARS (S$) Selling Buying 1gm 123.05 51 5gm 348.82 256 10gm 622.74
      138 words
    • Article
      Lock icon LONDON METALS
      71 24 Mar 3 Mar 3 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2178.25 2135.75 3 months 2210.00 2168.00 Copper, Grade A (US$/tonne) Cash 7548.75 7460.00 3 months 7580.00 7491.00 Lead (US$/tonne) Cash 2214.00 2174.50 3 months 2238.50 2199.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne)
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    • Article
      Lock icon LIFFE
      77 24 Mar 3 COCOA (£/tonne) Close Prev High/Low Mar 10 2125 2133 2127/2096 May 10 2145 2154 2152/2116 Jul 10 2138 2147 2144/2111 Sep 10 2115 2125 2120/2088 COFFEE (US$/tonne) Close Pev High/Low Mar 10 1254 1252 1252/1247 May 10 1284 1279 1285/1270 Jul 10 1318 1311 1320/1305 SUGAR (US
      77 words
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  • Article
    Lock icon THE BUSINESS TIMES SHIPPING TIMES
    6484 25 BALISA SHIPPING TRADING PTE LTD 8 Shenton Way, #40-03A, Singapore *****1 Tel: 6345 5700 Fax: 6345 5227 Email: singapore@balisagp.com CR NO. **********0W UK CONTINENT SERVICE U.S.A. SERVICE Destination STXPO TBN RTM/ANR/TIL *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Destination SAN SIMEON NEW ORLEANS/CAMDEN *Loads E./W.
    6,484 words
  • Page 25 Advertisements
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      Lock icon Page 25 Advertisements Column 1
      28 25 Shipping lines seeking reliable logistics partners TO ADVERTISE, CALI IOE WONG AT 9620 1 Can "they find your services here in the Shipping THE BUSINESS TIMES SHIPPING TIIVIES
      28 words
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  • Page 26 Advertisements
    • Advertisement
      Lock icon Page 26 Advertisements Column 1
      29 26 W 1 THE BUSINESS TIIVIES SHIPPING TIMES Legal services required by shippers owners TO ADVERTISE, CALL JOE WONG AT Can they find your services here in the Shipping Times?
      29 words
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  • Page 27 Advertisements
  • Page 27 Miscellaneous
    • Miscellaneous
      Lock icon Page 27 Miscellaneous Column 1
      292 27 CRYPTIC CROSSWORD Across 1 Ham awkward to carve (7) 9 Lithe ibex fell tragically (8) 10 Bearing slipper with inflationary instrument (3-4) 11 Give William notice (8) 12 Respect less than half the final outcome (6) 13 Giant hunter’s star-studded waistband (6,4) 15 Mathematical lines coil round (4) 16 Drink
      292 words
  • executive lifestyle
    • PROFILE/ARTS
      • Article, Illustration
        Lock icon Fresh passable update of familiar work
        377 27  -  By AMANDA AMANDA DE GUZMAN TOY Factory’s latest show is an interesting study in contrasts. The set and sound design, as well as the choreography, are bold, inventive creations that evoke film noir and the minimalist methodology of modern experimental theatre. However, Christopher Sergel’s
        377 words
      • AROUND TOWN
        • Article, Illustration
          Lock icon Celebrities in a different light
          390 27 COLLECTORS Contemporary presents Dirty Pretty Things, a solo show by renowned US-based British artist, Russell Young. This exhibition and sale will run at Collectors Contemporary, while Club 21 Gallery (Four Seasons Hotel) will feature a selection of earlier works from his critically acclaimed shows, Pig
          390 words
        • Article
          Lock icon A journey through the imagination
          229 27  -  Compiled by AMANDA DE GUZMAN BOTH Zalif and Lina’s parents often argue. The children hope that one day, things will change and change came when Haida, their newly orphaned cousin, stayed with them. Their adventure begins when a book that they are reading comes to
          229 words
      • Article, Illustration
        Lock icon He’s a believer
        1193 27  -  Mitch Albom, whose books have inspired millions, tells CLARISSA TAN it’s better that everyone has faith in different spiritual teachings, than all to be equally atheist CLARISSA TAN IT’S suitably sunny the day Mitch Albom holds his first press conference in Singapore. He steps into the glass-walled
        CLARISSA TAN  -  1,193 words
    • ARTS
      • Article, Illustration
        Lock icon When east meets west
        685 28  -  Chua Ek Kay’s artistic style successfully combines the eastern and western sensibilities of art, reports MADHVI SUBRAHMANIAN MADHVI SUBRAHMANIAN CHUA Ek Kay was a Chinese ink painter with a difference, an eminent Singaporean artist best known for an artistic style that successfully combined the eastern and
        685 words
      • Article, Illustration
        Lock icon The fine art of Indonesian politics
        700 28  -  By MADHVI SUBRAHMANIAN ART and politics are close relatives. Art often reflects the political and social environment in which it is created. While art acts as a visual record keeper of social, political and cultural conditions of a time period, it also helps influence
        700 words
      • Article, Illustration
        Lock icon Want to go to a Turkish Cypriot wedding?
        723 28  -  By GEOFFREY EU I ATTENDED an ethnic wedding at the National Museum the other evening, and even though I didn’t know any of the other guests or, for that matter, the bride and groom, and it was merely a dress rehearsal, I
        DAN BURN-FORTI  -  723 words
      • Article, Illustration
        Lock icon Remembering the genius of Carnatic vocalist GNB
        414 28  -  By BALA SHANKAR A TOP French music academic once said: “To study music, we must learn the rules. To create music, we must break them.” This describes well the late Indian musician G N Balasubramaniam, who had blazed his own trail and was
        414 words
    • ARTS/WINE
      • Article, Illustration
        Lock icon Love, death and a trove of forgotten music
        985 29  -  The time is ripe for home-grown musicals, as the upcoming crop of performances show. Besides Mark Chan’s new production, there is a restaging of Toy Factory’s December Rains Singapore’s first Chinese musical and a new offering by Sing’Theatre By CHRISTOPHER LIM A
        985 words
      • Article, Illustration
        Lock icon ‘Local’ musicals aim for the big time
        875 29  -  By CHEAH UI-HOON THERE hasn’t been a made-in-Singapore musical that’s toured overseas yet at least not in a big enough way that will make musical theatre fans around the world sit up and notice. That hasn’t stopped local theatre groups from ramping up
        875 words
      • Article
        Lock icon A toast to the magic of German Riesling
        1110 29  -  By N K YONG IT has taken a long time but there are distinct signs that Riesling is at last beginning to feature in Singapore as a viable alternative to Chardonnay when white wine is being thought of. In this regard we
        1,110 words
    • CINEMA
      • Article, Illustration
        Lock icon Crystal ball gazing ahead of Oscar night
        1202 30  -  The 82nd Annual Academy Awards will have its share of surprises in one or more of the major categories, says GEOFFREY EU GEOFFREY EU THE live spectacle that best captures the thrill of victory and the agony of defeat is upon us once
        REUTERS; AP  -  1,202 words
      • Article, Illustration
        Lock icon A passable disaster movie that skimps on science
        409 30  -  DVD REVIEW By CHRISTOPHER LIM THERE’S something satisfyingly cathartic about watching disaster movies, which tend to make us grateful for the mundane monotony of our lives, as well as envious of the opportunities for dramatic heroism actors seem to revel in. 2012
        409 words
      • Article, Illustration
        Lock icon When a good ole boy turns bad
        609 30  -  By GEOFFREY EU SOME people have been around the block a few times in their lives, but Bad Blake (Jeff Bridges) is the kind of guy who makes it a daily habit and all before breakfast. He’s a country singer who was once
        BLOOMBERG  -  609 words
    • CINEMA/GAMING/MUSIC
      • Article, Illustration
        Lock icon What goes up must come down
        615 31  -  Up in the Air offers a perceptive look at the American Dream, says GEOFFREY EU GEOFFREY EU ANYONE who has ever been ensnared and subsequently enslaved by frequent flyer programmes and the need to qualify for those coveted privileges that come with being a
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        Lock icon Showing a much more sober side of gaming
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        Lock icon Off the beaten path
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        Lock icon Wonderland with precious little wonder
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      Lock icon Hello beer! Bye wine!
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