The Business Times, 11 September 2010

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Microfilm: NL30885
Total Pages: 41
1 20 The Business Times
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  • Title Section
    Lock icon Masthead
    12 1 weekend THE BUSINESS TIMES www.businesstimes.com.sg SEPTEMBER 11-12, 2010 S$1.00 MICA (P) 139/08/2010
    12 words
  • Article, Illustration
    Lock icon Bidders cruise Carrefour’s aisles
    883 1  -  Of the three markets up for grabs, S’pore and Malaysia seem to be the most straightforward By Grace Leong gleong@sph.com.sg Singapore FRENCH retail giant Carrefour’s planned sale of its 69 hypermarts in Singapore, Malaysia and Thailand has to be one of the industry’s most widely-anticipated deals
    883 words
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      181 1 the business www.businesstimes.com.sg SEPTEMBER the raffles conversation MICHELE NORSA, CEO OF SALVATORE FERRAGAMO 8-9 BT CORPORATE GOLF No runaway favourites at half time L17 WEALTH ‘Enhanced’ critical illness plans 22-23 falling funds US investments in S’pore shrink THE Great Recession year of 2009 saw US investments in Singapore dive nearly
      181 words
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      9 1 ??M’sia, Thailand hold key to Carrefour bids, Page 11
      9 words
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  • TOP STORIES
    • Article
      Lock icon MARKETS
      133 2 STI (Thurs data) 3,022.28 (+10.86) STI FUTURES 3,023 (+11) SIMSCI 357.21 (+0.86) SIMSCI FUTURES 357.80 (+0.80) STOCKS Friday Change KL COMP Closed NIKKEI 225 9,239.17 +140.78 HANG SENG 21,257.39 +90.12 SET 924.57 +3.08 JAKARTA Closed MANILA Closed KOSPI 1,802.58 +18.22 SHENZHEN B 709.34 +3.62 MUMBAI IND Closed 12 noon
      133 words
    • Article
      Lock icon US investments in S’pore shrink by US$11b
      601 2  -  By contrast its investments in the Asia-Pacific are up US$22.6b in 2009 By Chuang Peck Ming peckming@sph.com.sg Singapore THE fall in the stock of American investments in Singapore is striking, even in a year when US companies tightened capital spending in virtually every
      601 words
    • Article, Illustration
      Lock icon An alternative to the alternative
      704 4  -  One Singapore-based company is reaching for energy nirvana with its solar technology By Joyce Hooi joyceh@sph.com.sg Singapore AMID the long, protracted and of-ten-painful discussion of renewable energy, one company believes it has found something that will get people talking. The chairman of Singaporebased Alternative Energy,
      704 words
    • Article, Illustration
      Lock icon Dubai World strikes US$24.9b deal with its creditors
      351 4 Reuters Dubai STATE-OWNED conglomerate Dubai World has come to a formal agreement with over 99 per cent of its creditors to restructure around US$24.9 billion of liabilities, the government of Dubai said yesterday. In a separate statement, Dubai World said it is
      Reuters; AFP  -  351 words
    • Article
      Lock icon Yuan up as China posts US$20b trade surplus
      557 5 Higher than expected import growth of 35.2% douses hard landing fears Bloomberg Reuters AFP Beijing CHINA posted a third straight trade surplus of more than US$20 billion in August while the yuan closed higher against the US dollar yesterday. A customs bureau
      Bloomberg; Reuters; AFP  -  557 words
    • Article, Illustration
      Lock icon Seize the first mover advantage, says PM
      605 6  -  Singapore businesses urged to consider investing in China’s inland provinces and staying the course there Reports by Lee U-Wen leeuwen@sph.com.sg Wuhan, China SINGAPORE businesses may be less familiar with China’s inland provinces, but there is the carrot of a “first-mover advantage” for those
      HO PENG YEW/LIANHE ZAOBAO  -  605 words
    • Article
      Lock icon Suzhou Park a toast to growing ties with China
      471 6 AT 16 years of age, the Suzhou Industrial Park (SIP) is in the words of Prime Minister Lee Hsien Loong “a strong, strapping teenager” that has helped boost relations between Singapore and China to new levels. Mr Lee spoke of the
      471 words
    • Article, Illustration
      Lock icon Japan rolls out 915b yen stimulus package
      545 7  -  Analysts say the programme lacks details as Q2 GDP growth figure is revised to a healthier 1.6% By Anthony Rowley btworld@sph.com.sg Tokyo JAPANESE Prime Minister Naoto Kan’s government rushed out an outline package of economic stimulus measures yesterday in advance of a party
      BLOOMBERG PHOTOS  -  545 words
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      59 2 CONTENTS NEWS Top Stories 2-7 Raffles Conversation 8-9 Week in Review 10 Crosswords 10 Companies 11-12 From The Desk Of 13 Singapore 14 World 15-18 Stocks Stats 19 Perspective 20-21 Wealth 22-25 Househunt 26 Real Estate 27 LIVING Dining L2-6 Style L7-8 WeekendWith L9 Home& Garden L10-11 Travel L12-13 Gadgets
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  • Page 5 Advertisements
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      88 5 Never invest in anything without the right signature. Eln today's investment environment one signature stands out as a sign of trust, reliability and performance J.P. Morgan. Ask for our funds by name when you next talk to your investment advisor. J.PMorgan Asset Management www.jpmorganam.com.sg Investors should note that any investment
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      90 7 A signature you can trust. What better guarantee can you have than a name you can trust? That's why we put our signature on every one of our funds. Ask for them by name next time your talk to your investment advisor. J.PMorgan Asset Management www.jpmorganam.com.sg Investors should note that
      90 words
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  • THE RAFFLES CONVERSATION
    • Article, Illustration
      Lock icon Fashion maven
      1853 8/9  -  To move ahead, a company must preserve its heritage yet fashion itself for the future, says Salvatore Ferragamo CEO Michele Norsa. By Audrey Phoon By Audrey Phoon aphoon@sph.com.sg THERE are shoes in the Museo Salvatore Ferragamo in Florence, Italy, that would not look out of place on the
      YEN MENG JIIN  -  1,853 words
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  • WEEK IN REVIEW/WEEK AHEAD
    • THIS WEEK | Sept 6-10, 2010
      • Article
        Lock icon More privatisations as valuations ease
        57 10 AT least 15 companies have sought the privatisation route so far this year, out of which 10 have either been suspended from trading or taken off the local bourse. Bankers and lawyers say that more privatisation deals are in the works with Chinese companies or
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      • Article
        Lock icon Looking to tame the rising yen
        64 10 RADICAL ideas on how to stem the sharp and damaging rise in the yen are being put forward in Japan as the authorities face the fact that chances of market forces reining in the yen’s surge are slim, at least in the short to
        64 words
      • Article
        Lock icon Door swings open for 4th mobile operator
        42 10 THE authorities will go ahead with plans to auction off Singapore’s final third-generation (3G) mobile spectrum this November despite opposition from incumbent operators keeping the door open for a fourth player to enter the market.
        42 words
      • Article, Illustration
        Lock icon SGX gets its man and his sense of humour
        109 10 TWO years back, when oil prices were hitting record highs and Singapore Airline’s bottom line was bruised by jet fuel rates, its chief executive Chew Choon Seng touched on the topic with typical wit. “My wife asked me to take her
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      • Article
        Lock icon Cheaper, livelier, face of China woos businesses
        55 10 A BUSTLING municipality that styles itself as the “Chicago of China” has put out the welcome mat for companies from abroad and seen some big names walk in through the door. Chongqing is buzzing, with Microsoft making inroads in a big way and
        55 words
      • Article
        Lock icon No sweat for S’pore banks as Basel III slides into view
        53 10 BANKS worldwide could be required to hold as much as 9 per cent in Tier 1 capital more than twice the current minimum if proposed international guidelines are adopted, a German newspaper reported. But Singapore lenders already hold more
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      • Article
        Lock icon HSBC chairman to become British trade minister
        54 10 STEPHEN Green, chairman of HSBC, will step down and become trade minister of the UK’s coalition government. Both the government and HSBC have officially confirmed the appointment of Mr Green, who will take up the job early next year after leaving HSBC before
        54 words
      • Article
        Lock icon Tender bids spread wide as developers guess fallout
        47 10 DEVELOPERS’ reading of the impact from the Aug 30 property market cooling measures was apparent at a state tender on Tuesday. The top bid was $414.57 per square foot per plot ratio and the lowest bid, $244.46 psf ppr.
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      • Article
        Lock icon New project hints at impact of cooling
        67 10 THE chill of property market cooling measures has touched bank loans and even the first major residential project to be released since Aug 30, when the measures were announced. Only 160 of the 200 units released in a preview of the 642-unit NV
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      • Article
        Lock icon As ex-boss runs to rival’s arms, HP sues
        41 10 HEWLETT-Packard has sued its former chief executive, Mark Hurd, for violating his severance agreement to protect HP’s confidential information when he took the job as co-president of Oracle, an HP rival and partner.
        41 words
      • Article
        Lock icon Singapore holds firm as US loses competitive edge
        47 10 SINGAPORE remains the world’s third most competitive economy, leapfrogging the United States, which has slipped to fourth place from second due to large deficits and a weakened financial system, the World Economic Forum says in its latest annual review.
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      • Article
        Lock icon Another public golf course faces an uncertain future
        46 10 MEMBERS of Green Fairways, a 9-hole club, have been told that their annual memberships would be renewed for only six months, raising speculation that the Singapore Land Authority would stop leasing the land to the Singapore Turf Club.
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    • NEXT WEEK | Sept 11 – Sept 17
      • Article
        Lock icon US DATA
        23 10 Sept 14 August US retail sales July business inventories Sept 16 Initial claims Continuing claims August PPI Sept 17 August CPI
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      • Article
        Lock icon SINGAPORE DATA
        15 10 Sept 15 Retail sales and catering trade indices Sept 17 August merchandise trade
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      • Article
        Lock icon EVENTS
        47 10 Sept 15 WASHINGTON US lawmakers will hold a hearing to consider whether US government action is needed to address China’s exchange rate policy Sept 16 WASHINGTON US Treasury Secretary Timothy Geithner to testify at the House of Representatives Ways and Means Committee hearing on China yuan.
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  • Page 10 Miscellaneous
    • Miscellaneous
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      350 10 CRYPTIC CROSSWORD Across 1 Untimely error upsets a Cornishman (11) 9 High flier subject to ground control (4) 10 One won’t strike unless the conditions are right (6,5) 11 Further chaos in Laos (4) 14 Irreverence shown by cheeky child I have yet to reform (7) 16 Scope for firm
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    • Miscellaneous
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      3 10 SATURDAY with Ludwig
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  • COMPANIES
    • Article, Illustration
      Lock icon M’sia, Thailand hold key to Carrefour bids
      740 11  -  Top contender Tesco has to consider mood against foreign retailers. By Grace Leong corporate focus By Grace Leong AS THE bidding war for Carrefour’s South-east Asian assets intensifies in the coming weeks, analysts are closely monitoring the reactions of local authorities in Thailand
      BLOOMBERG  -  740 words
    • Article
      Lock icon SC Global picks its race ace
      346 11  -  By Karen Ng karenng@sph.com.sg Singapore SCGlobalDevelopments–aluxury residential property developer has named Craig Baird to drive its race car in the 2010 Porsche SC Global Carrera Cup Asia Race in Singapore. Baird, 40, has set records in about 23 national championships in New Zealand and
      346 words
    • Article
      Lock icon Datapulse profit down 31.1%
      141 12 MAINBOARD-LISTED Datapulse Technology’s net profit sank 31.1 per cent from $15.4 million to $10.6 million in the fiscal year ended July 31. The slide was on a 23.7 per cent drop in revenue from $71.6 million to $54.6 million. Directors have recommended a final one-tier tax-ex-empt
      141 words
    • Article
      Lock icon This scholar has no clothes and he knows it
      398 12  -  letter to the editor| Christopher Chong Partner, ACH Investments Pte Ltd I READ Mak Yuen Teen’s letter, “Companies should explain use of alternate IDs more clearly” (BT, Sept 9) with some concern. Prof Mak attempts to justify his inadequate research by
      398 words
  • Page 11 Advertisements
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      169 11 CONCORD ENERGY, a locally-based international commodity trading company, is seeking to hire an experienced Manager Projects Energy to join its project development team. Under the direction of the Director of Projects Development, the Project Manager will assist in managing, prioritizing, and monitoring the development of international energy projects. The successful
      169 words
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      2250 12 JAPAN LAND LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****7417K) Notice of 12th Annual General Meeting NOTICE IS HEREBY GIVEN that the 12th Annual General Meeting (AGM) of Japan Land Limited (Company) will be held at Suntec Singapore International Convention Centre, 1 Raf es Boulevard, Suntec City,
      2,250 words
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  • FROM THE DESK OF
    • Article, Illustration
      Lock icon How we helped our staff stub it out
      830 13  -  Belief in the importance of an employee’s well-being will go a long way to making a company an employer of choice from the desk of Francis Tan Director of Human Resources, Sheraton Towers Singapore Hotel HOW do we get employees to better
      830 words
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  • SINGAPORE
    • Article, Illustration
      Lock icon Singapore hockey is back in the game
      741 14  -  saturday soapbox| Malminderjit Sin msingh@sph.com. Correspondent WHILE football, ta-ble-tennis and swimming have been dominating local sporting news, there is one sport that has quietly enjoyed a rejuvenation of sorts hockey. The Singapore men’s national hockey team enjoyed a run of good form particularly
      741 words
    • Article, Illustration
      Lock icon Makeover for Yishun Pond
      470 14  -  Plan is part of HDB’s ‘Remaking Our Heartland’ initiative By Amit Roy Choudhury amit@sph.com.sg FOUR government agencies have together set in motion a plan to transform Yishun Pond and its surroundings, with a ground-breaking ceremony on Thursday. The move is part of a larger plan to
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  • WORLD
    • Article, Illustration
      Lock icon Obama names top White House economist
      435 15 Austan Goolsbee succeeds Christina Romer who is returning to academia; move will ensure continuity within the economic team Reuters Washington PRESIDENT Barack Obama has chosen Austan Goolsbee as the new head of the White House Council of Economic Advisers, US administration officials said on
      Reuters  -  435 words
    • Article
      Lock icon Deutsche Bank mulling over 9b euro stock sale
      441 15 Move to raise stake in Postbank, meet new capital adequacy rules Bloomberg London DEUTSCHE Bank is considering a stock sale of as much as nine billion euros (S$15.4 billion) to boost its stake in Deutsche Postbank and meet stricter capital rules, said
      Bloomberg  -  441 words
    • Article
      Lock icon China, Taiwan investment pact
      206 15 Reuters Taipei CHINA and Taiwan will negotiate an investment guarantee deal later this year seen as vital to encourage investment from the mainland, officials and analysts said yesterday. The two countries, who signed a free-trade style deal in June in their biggest tie-up after decades of
      Reuters  -  206 words
    • Article, Illustration
      Lock icon AgBank sees 2011 profit topping 100b yuan
      518 16 Estimate below analysts’ 115.7b yuan; bank to issue subordinated debt next year to beef up Tier 2 capital Reuters Beijing AGRICULTURAL Bank of China, the country’s third-biggest lender, expects profits to top 100 billion yuan (S$19.8 billion) next year, executive vice-president Pan Gongsheng
      Reuters; FILE PHOTO  -  518 words
    • Article
      Lock icon Australia to oppose Air New Zealand, Virgin Blue alliance
      310 16 AFP Sydney AUSTRALIA’s corporate watchdog said yesterday it would likely reject a proposed alliance between Air New Zealand and Virgin Blue because it could disadvantage more than a million passengers a year. The Australian Competition and Consumer Commission (ACCC) said it
      AFP  -  310 words
    • Article
      Lock icon Spain’s August inflation rises after VAT increase
      181 16 Bloomberg Madrid SPAIN’S underlying inflation rate accelerated in August after the government increased sales tax to help cut the third-largest budget deficit in the euro region. Core consumer prices, which exclude energy and fresh food, gained one per cent from a year earlier,
      Bloomberg  -  181 words
    • Article
      Lock icon Boat, bonds add to Sino-Japan tension
      682 17  -  As Beijing demands to free the fishing boat captain, Tokyo White Paper expresses concern about China’s military activities By Anthony Rowley btworld@sph.com.sg Tokyo DIPLOMATIC tension between Japan and China continued to mount yesterday as Chinese Foreign Minister Yang Jiechi demanded that Japan unconditionally free
      682 words
    • Article, Illustration
      Lock icon Greece reeling from austerity measures
      372 17 Reuters Athens GREECE’s austerity measures are hurting revenues and hindering deficit-cutting efforts while more jobs are lost, fresh economic data showed yesterday. Heavy debt payments and weak revenues weighed on the budget amid a deepening recession, with the deficit falling behind a full-year reduction target
      Reuters  -  372 words
    • Article
      Lock icon India’s industrial output in July up a torrid 13.8%
      252 18 AP Mumbai INDIA’s industrial output grew 13.8 per cent in July far more than expected rebounding from a 13-month low in June and adding to pressure on the central bank to hike interest rates to curb inflation. Manufacturing, which has the
      AP  -  252 words
    • Article
      Lock icon Unions plan to campaign against UK govt’s spending cuts
      389 18 They plan huge London rally next month and warn the cuts will lead to massive job losses and recession Reuters London BRITAIN’s trade unions will launch a campaign next week to persuade voters to oppose massive public spending cuts, although commentators
      Reuters  -  389 words
  • Page 15 Advertisements
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      Lock icon Page 15 Advertisements Column 1
      69 15 I, Paul Richard Barnett, divorce, of 78 Bayshore Rd, Costa Del Sol, Singapore intend to marry, Lena Mardianis single of No 15 Block L Tiban Ayu, Batam, Indonesia, at Kementerian Agama, Kantor Urusan Agama, Kec. Sekupang Kota Batam, Indonesia on 6th November 2010. Any person knowing of any lawful impediment
      69 words
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      334 17 The Singapore Academy of Law has four clusters of work. Its principal functions include the dissemination of the knowledge of laws and the legal system, and the promotion of the standards of conduct and learning of the legal profession and the promotion of Information Technology to the legal sector. (1)
      334 words
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  • Page 18 Advertisements
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      126 18 m A igr own 1 I®*****- 1 VorW*'-*** 3U- 4 1 MGin YOUNG INVESTORS' fORUM uimvn aJ*> lhetr "»«S£? k. 40a W'io, 0 THE Accounting to 9<* v E *Pat La nding 1 I Bu//c/ s Homes foi &5KE 'nflu* f 151 '^si, 40 Richest 5 bglH1 ■La > fl
      126 words
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  • MARKETS
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      129 19 Sep 9 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2220 1.2590 Can dollar 1.2880 1.3030 Euro 1.6990 1.7190 NZ dollar 0.9600 0.9820 Sterling pound 2.0640 2.0880 US dollar 1.3350 1.3500 Local dollars to 100 units of foreign currency: Currencies Bid
      129 words
    • Article
      Lock icon MORGAN STANLEY CAPITAL INT'L INDICES
      374 19 In local curr In S$ In US$ dy yr dy yr dy yr Sep 9 Index Change Change Change Change Change Change World Index Preliminary 817.4 0.9 -1.8 0.9 -6.9 1.0 -2.5 ‡EAFE Preliminary 758.2 1.0 -3.4 0.9 -9.3 1.0 -5.1 Europe Preliminary 1117.2 1.1
      374 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      154 19 Sep 9 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2405 1.2418 0.9243 0.9246 Canadian dollar 1.2955 1.2973 0.9653 0.9659 Euro 1.7029 1.7044 1.2688 1.2690 NZ dollar 0.9733 0.9743 0.7252 0.7254 Sterling pound 2.0680 2.0703 1.5409 1.5414
      154 words
    • Article, Illustration
      Lock icon STOCK MARKETS
      107 19 Bloomberg YTD change: +4.30% 52-week high: 3,043.28 on Aug 3, 2010 52-week low: 2,576.84 on Oct 5, 2009 (Chart shows Thursday’s index closing as the market was closed yesterday) Source: Bloomberg YTD change:-2.81% 52-week high: 23,099.50 on Nov 18,2009 52-week low: 18,971.50 on May 27,2010 Source: Bloomberg Bloomberg
      Source: Bloomberg  -  107 words
    • Article
      Lock icon LIFFE
      81 19 Sep 8 COCOA (£/tonne) Close Prev High/Low Sep 10 1890 1925 1922/1864 Dec 10 1907 1943 1940/1878 Mar 11 1926 1960 1956/1900 May 11 1939 1972 1961/1912 COFFEE (US$/tonne) Close Pev High/Low Sep 10 1610 1595 Nov 10 1635 1620 1700/1631 Jan 11 1656 1639 1722/1654 Mar 11 1676
      81 words
    • Article
      Lock icon CHICAGO BOT
      93 19 Sep 8 SOYBEANS (5,000 bu min; USc/60 lb bushels) Close Previous High/Low Sep 10 1041.*****3.*****9.*****0.25 Nov 10 1048.*****2.*****7.*****5.00 Jan 11 1058.*****1.*****6.*****4.25 Mar 11 1064.*****6.*****1.*****1.25 SOYBEAN/OIL (60,000 lbs; USc/lb) Close Previous High/Low Sep 10 41.16 41.26 41.32 40.87 Oct 10 41.28 41.39 41.47 41.01 Dec 10 41.68 41.79 41.88
      93 words
    • Article
      Lock icon PALM OIL
      66 19 Sep 9 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Sep 10 2770 2782 2782 2770 43 740 Oct 10 2696 2700 2709 2677 795 8657 Nov 10 2640 2644 2655 2625 4085 ***** Dec 10 2625 2623
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    • Article
      Lock icon OIL
      75 19 Sep 8 CRUDE US$/barrel (FOB origin) Close Change Brent blend (1-Mth F) 78.13 1.71 WTI (Near Mth) 74.61 0.85 Dubai (1-Mth F) 75.13 0.84 Tapis blend 83.10 1.20 Minas 77.00 0.90 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 73.44 0.69 Jet Kerosene 87.28 0.88 US$/barrel Opec Oil Basket Price
      75 words
    • Article
      Lock icon METALS
      66 19 Sep 9 GOLD (US$/oz) Sep 10 Sep 09 Hong Kong 1248.*****5.60 Sep 07 Sep 08 London 1256.*****8.25 1256.*****8.50 Source: Thomson Reuters SILVER Selling Buying Passbook 1 oz 26.72 26.50 Source: UOB PLATINUM /Lon (US$/oz) Sep 09 Close Previous PM Fix 1552.*****5.00 AM Fix 1553.*****4.00 Source: Thomson Reuters PLATINUM NYMEX
      66 words
    • Article
      Lock icon LONDON METALS
      71 19 Sep 9 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2077.75 2130.75 3 months 2105.00 2160.00 Copper, Grade A (US$/tonne) Cash 7540.75 7659.75 3 months 7555.00 7675.00 Lead (US$/tonne) Cash 2171.75 2205.50 3 months 2201.00 2235.00 Nickel (US$/tonne) Close Previous Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne)
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  • PERSPECTIVE
    • Article, Illustration
      Lock icon What price, education?
      951 20 / 21  -  We must recognise that there is a cost to pushing children to spend the bulk of their time cramming for school. Leong Ching Leong Ching is with the Lee Kuan Yew School of Public Policy at the National University of Singapore, researching water governance in Asia. She
      NG SOR LUAN/THE STRAITS TIMES  -  951 words
    • Article, Illustration
      Lock icon Is the death of the bookstore greatly exaggerated?
      805 20 / 21  -  Dennis Posadas Dennis Posadas is the author of ‘Jump Start: A Technopreneurship Fable’ (Singapore: Pearson Prentice Hall, 2009) and has a new business fable on clean energy ARE bookstores dead? With the advent of cheap e-readers such as the Amazon Kindle (US$139
      REUTERS  -  805 words
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  • Wealth
    • Article, Illustration
      Lock icon Life or death matters
      1013 22 / 23  -  number of insurers have launched plans that promise to pay out at an early stage of a critical illness. By Genevieve Cua By Genevieve Cua gen@sph.com.sg CRITICAL illness (CI) is traditionally seen as a risk that must be insured against, but the widespread perception is that
      FILE PHOTO  -  1,013 words
    • WEALTH INVESTING
      • Article
        Lock icon Americans shifting from credit to debit
        866 22 / 23 Bloomberg New York AMERICANS are shunning their credit cards and using debit to avoid incurring more debt, said Javelin Strategy Research. Total payment volume for debit cards surpassed credit-card volume for the first time in 2009 and will continue to eclipse it in 2010,
        Bloomberg  -  866 words
      • Article, Illustration
        Lock icon The 7 deadly investment myths
        935 24  -  Believing in such false notions can cause investors to either lose money or miss out on opportunities wealth insights Vasu Menon Vice-President Wealth Management Singapore, OCBC Bank SUBSCRIBING to investment myths can cause investors to either lose money or miss out on opportunities. Understanding some
        REUTERS  -  935 words
      • Article, Illustration
        Lock icon Survival is the art of thinking clearly under pressure
        1324 25  -  By Paul Sullivan NYT FREDERICK Peters is not the type of man you would expect to have financial problems. He owns Warburg Realty Partners, which sells some of the most expensive apartments in Manhattan to people with unimaginable wealth. Peters was
        NYT; BLOOMBERG  -  1,324 words
    • WEALTH REAL ESTATE
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  • Page 25 Advertisements
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      Lock icon Page 25 Advertisements Column 1
      42 25 {3CEAN FRONT SENTOSA COVE Open House 2-5pm Ocean Front Sentosa Cove Super Penthouse, 8095 sqft Stunning sea, Marina Bay view Single Floor with Rooftop pool Designer's Decor, Show Flat Motivatied Seller KHTAN 9456-7348 Newsman Realty Pte Ltd J Sole Marketing Agent M
      42 words
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      Lock icon Page 25 Advertisements Column 2
      59 25 ctnss pUNGRLOUJ LflNP FOR R€BUILD @NRSSIM ROAD K H TflN 9456-7348 Newsman Realty Pte Ltd Sole Marketing Agent > Frontage Recta' > Face View »South/EaenScing NASSIM PLOT B ***** sq ft 60m Frontage Flat Elevated Land Face Greenery Almost sold NASSIM PLOT C ***** sq ft Hill Top Quiet, Serene
      59 words
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  • Page 28 Advertisements
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      40 28 J" AIDEMARS PIGLET Le maitre de Vhorlogerie depuis 1875 L V' vA '.V S\ II 52 N a» ■MBS* Q) ■■'I'' y <x A m, V V; TRADITION MINUTE REPEATER AND PERPETUAL CALENDAR For enquiries, Tel: (65) 6238 6678 www.audemarspiguet.com
      40 words
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      59 1 LivingTHEBUSINESSTIMESWEEKEND|SEPTEMBER11-*****0BTTHE BUSINESS TIMES WEEKEND SEPTEMBER 11-12 2010 WEEKEND WITH Music maker David Leow L9 SUSHI SHOWDOWN In search of ultimate sushi satisfaction L2-5 TRAVEL Hoofing it in San Francisco L12-13 KOHADA SUSHI FROM SHINJI PHOTO: MEMPHIS WEST GADGETS Fuss-free travel L14 HEALTH Matters of the heart L15 HOME GARDEN That
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  • DINING
    • Article, Illustration
      Lock icon SUSHI SHOWDOWN
      2139 2 / 3  -  The arrival of a seriously high-end Tokyo-style sushi restaurant has transformed the once-sleepy local landscape for Japanese cuisine. By Geoffrey Eu Over a few days last week, BT Weekend went in search of ultimate sushi satisfaction. Here’s what we found By Geoffrey Eu btnews@sph.com.sg IT WAS only a
      SHIRAISHI AND NOGAWA PHOTOS BY JOHN HENG; MEMPHIS WEST PICTURES; PHOTOS BY JOHN HENG  -  2,139 words
    • Article
      Lock icon wine & dine with BTWeekend
      888 4 / 5 wine dine with BTWeekend Triple Three Mandarin Orchard Singapore, Level 5 333 Orchard Road ?6831-6288 Triple Three is back. Named for the address of the hotel 333 Orchard Road it features a new Japanese-inspired international buffet spread, helmed by Japanese executive chef Shigeru Akashi. Embark on a culinary adventure with
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      Lock icon Foodie wonderland
      928 6  -  Food lovers in Singapore can rejoice as the ultimate culinary shopping experience will finally become a local reality. By Jaime Ee By Jaime Ee jaime@sph.com.sg IT’S an obvious idea that, for some reason, never materialised in Singapore a huge store completely devoted to the needs and aspirations of
      YEN MENG JIIN  -  928 words
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  • STYLE
    • Article, Illustration
      Lock icon Celebrations galore
      833 7  -  A flurry of retail outlet openings at TheShoppes at Marina Bay Sands provides plenty of events and items to look out for. By Melissa Lwee By Melissa Lwee mellwee@sph.com.sg Fendi Auction IN CONJUNCTION with the opening of its new South-east Asia flagship boutique at The Shoppes at Marina
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      Lock icon Grande dame will be proud
      661 8  -  Designer Catherine Deane credits her grandmother for being her inspiration. By Melissa Lwee By Melissa Lwee IF, LIKE designer Catherine Deane, your grandmother is an immaculately dressed self-taught master tailor and your mother an ex-model, joining the fashion industry is pretty much inevitable. “I grew
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    • Article, Illustration
      Lock icon Fusing pop art with ancient mysticism
      528 8  -  By Melissa Lwee mellwee@sph.com.sg IF DAINTY pieces of diamond encrusted jewellery were the equivalent of classical music, then Solange Azagu-ry-Partridge’s work would be its rock ‘n roll counterpart. “[My] unique selling point is colour because there are more colours in the world than just
      528 words
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  • WEEKEND WITH
    • Article, Illustration
      Lock icon Striking the right chord
      838 9  -  Businessman by day, composer by night, David Leow has come up with many a winning tune just before bedtime. By Audrey Phoon weekend with By Audrey Phoon aphoon@sph.com.sg FOR some, it is the “ping” of a golf ball against a club that is music to the
      PHOTOS BY YEN MENG JIIN  -  838 words
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  • HOME & GARDEN
    • Article, Illustration
      Lock icon That loving feeling
      1191 10 / 11  -  For Amadeo and Sonia Zarzosa, home is a place filled with paintings and mementos that celebrate marriage and family. By Corinne Kerk personal space By Corinne Kerk btnews@sph.com.sg FOR the Zarzosas, the saying that home is where the heart is really rings true. The couple may have
      PHOTOS BY YEN MENG JIIN  -  1,191 words
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  • TRAVEL
    • Article, Illustration
      Lock icon HOOFING IT IN SAN FRANCISCO
      1649 12 / 13  -  In a city built on 42 hills, nothing brings you into closer contact with its ever-changing vistas and textures than your own two feet. And while you’re at it, take the stairs. By Joe Yonan By Joe Yonan LAT-WP FROM the pinnacle of a windy,
      LAT-WP; BLOOMBERG; STOCK.XCHNG  -  1,649 words
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  • GADGETS
    • Article, Illustration
      Lock icon Travel smart
      753 14  -  You don’t have to bring a tonne with you when you go overseas if you pick the right gear for your needs. By Christopher Lim By Christopher Lim limchris@sph.com.sg Livescribe Echo smartpen LIVESCRIBE doesn’t sell its smartpens in Singapore yet, but the company’s latest Echo model is so
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  • HEALTH
    • Article, Illustration
      Lock icon The pacemakers
      902 15  -  S’pore cardiologists call for pure heart rate reduction in chronic heart failure patients. By Cheah Ui-Hoon By Cheah Ui-Hoon uihoon@sph.com.sg REDUCING the heart rate for patients with cardiovascular disease will be one of the key practices of cardiovascular doctors, now that a major study in the medical journal
      STOCK.XCHNG  -  902 words
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  • SPORT
    • Article, Illustration
      Lock icon US tennis men need wake up call
      595 16  -  no holds barred Lee U-Wen leeuwen@sph.com.sg Deputy Foreign Editor IT’S a question that many have pondered over the last couple of years: Why is American men’s tennis in such a sorry state today? No one seems to have a definite answer just yet,
      PHOTOS: AP, AFP  -  595 words
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      Lock icon Older but Rooney still as stupid
      734 16  -  kick off with andrew leci Andrew Leci WAYNE Rooney should be banned from playing for England. I thought I’d begin this week’s column with a smidgeon of controversy, just to get the ball rolling but these are not the words of a lone voice.
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  • BT CORPORATE GOLF LEAGUE 2010
    • Article
      Lock icon No runaway favourites at half time
      494 17  -  Only 30 points separate the top 15 companies with Big Fish and Centurion sharing lead. By Justine Moss By Justine Moss AS THE competition heats up in The Business Times Corporate Golf League, one thing is for certain at this half way stage of
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      Lock icon Tat Hong’s secret weapons are just warming up
      344 17  -  By Justine Moss THE second half of The Business Times Corporate Golf League should bring out a stronger performance by the Tat Hong team according to its captain Michael Ng, who admits that while his team has struggled over the past three
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      Lock icon SPH confident of top 10 placing at the end
      359 17  -  By Justine Moss btnews@sph.com.sg CONFIDENT of a top 10 placing when The Business Times Corporate Golf League concludes next month, the Singapore Press Holdings (SPH) team is currently lying in a respectable joint 12th position with Deloitte on the ladder after
      359 words
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  • MOTORING
    • Article, Illustration
      Lock icon Top down approach
      398 18  -  The 3 Series Convertible and Coupe are now available with a 2.0-litre four-cylinder engine By Samuel Ee By Samuel Ee samuelee@sph.com.sg THE general trend in downsized engines has finally reached BMW but not in the way most would assume. Instead, the 3 Series Convertible and Coupe are
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    • Article, Illustration
      Lock icon Smooth operator
      360 18  -  The 320i Coupe has the same stylish lines as the two-door versions of the 325i or 335i. By Samuel Ee samuelee@sph.com.sg LIKEthe320iConvertible,the320iCou-pe has the same stylish lines as the two-door versions of the 325i or 335i except that under the long hood lies a twolitre four-cylinder power plant.
      360 words
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      Lock icon Paris to Singapore direct
      750 19  -  More than a few world premieres will head straight for our shores soon after the Paris Motor Show winds down. By Samuel Ee samuelee@sph.com.sg THE Paris Motor Show later this month will see more than a few world premieres that will head straight for Singapore soon
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      Lock icon UNDER PRESSURE
      615 20  -  The home race at Monza is critical for Ferrari ace Fernando Alonso currently fifth in the drivers’ championship. By Samuel Ee f1 watch By Samuel Ee samuelee@sph.com.sg A HOME race is always important but for Ferrari, this weekend at Monza is nothing if not critical. The team with
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