The Business Times, 7 January 2011
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2011-01-07
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The Business Times
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Title Section24 2011-01-07 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|il A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 138/08/2010 Friday, January 7, 201124 words
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Article, Illustration848 2011-01-07 1 PAULINE NG - Malaysian bank plans to make general offer for Singapore broker and delist By PAULINE NG in Kuala Lumpur MALAYAN Banking Bhd has signalled its intention to become one of the biggest brokers in the region. Yesterday, it proposed to acquireBLOOMBERG - 848 words
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Article141 2011-01-07 1 GST INDEX 3,279.70 (+25.45) GST INDEX FUTURES 3,280 (+24) GSIMSCI 386.60 (+3.51) GSIMSCI FUTURES 387.50 (+4.40) FOREX US$ S$ US$ (S$ per US$) 1.295 (US$/S$ per 1.552 2.009 EURO (US$/S$/E) 1.312 1.698 Foreign currency per US$ S$ YEN 83.10 64.20 RM 3.072 2.372 HK$ 7.774 6.005 BAHT 30.24141 words
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Article, Illustration653 2011-01-07 1 CHRISTOPHER LIM - Tablets still the rage at CES while Smart TVs could be the next big thing By CHRISTOPHER LIM in Las Vegas NO iPad. No Apple. And no shortage of a buzz. The electronics extravaganza that often sets the tone for the restAFP - 653 words
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Page 1 Advertisements
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Advertisement138 2011-01-07 1 EXECUTIVE LIFESTYLE Website or on-site? A look at two very different art fairs PAGE 30 FLOUR POWER S’pore team vies for the World Pastry Cup again PAGE 25 WINE After-dinner Noble Rot PAGE 27 *****1 *****4 =L(— GENEVE Creator of dreams LA BISE COLLECTION Automatic. 18K Rose gold with diamonds138 words
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TOP STORIES
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Article611 2011-01-07 2 Maybank moves in on Kim Eng at $3.10 a share MALAYAN Banking Bhd has signalled its intention to become one of the biggest brokers in the region. Yesterday, it proposed to acquire 100 per cent of Kim Eng Holdings Ltd for a total of $1.79 billion or $3.10611 words
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Article, Illustration697 2011-01-07 2 GRACE LEONG - They are found guilty of violating securities laws; sentencing on Jan 20 By GRACE LEONG [SINGAPORE] A misleading statement issued to the Singapore Exchange (SGX) in 2005 came home to haunt three former Airocean directors yesterday. They were found guilty of violating securities lawsFILE PHOTOS - 697 words
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717 2011-01-07 4 VEN SREENIVASAN - HOCK LOCK SIEW By VEN SREENIVASAN THE $1.79 billion takeover offer for Kim Eng Holdings by Malaysia’s biggest lender, if it does go through, could mark the demise of yet another Singapore broking house caused by powerful Malaysian entities. Malayan Banking,717 words
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601 2011-01-07 4 LEE U-WEN - By LEE U-WEN [SINGAPORE] Hong Kong and Singapore have been named the best economies in Asia-Pacific to invest in, according to a new survey conducted by Singa-pore-based political risk consultancy Vriens Partners. Hong Kong came up top in the poll of 18601 words
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18 2011-01-07 4 ISIN-CODE NAME NAV DATE LU********** Man AHL Trend SGD Share SGD 101.43 27.12.1018 words
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Article, Illustration453 2011-01-07 4 VIKRAM KHANNA - By VIKRAM KHANNA [SINGAPORE] The world’s cheapest car, the Tata Nano a marvel of Indian innovation; India’s space capabilities; Indian wines and cuisine prepared by chefs from India will be among the draws at the first ever “India Show” to be held453 words
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Article, Illustration566 2011-01-07 4 Bloomberg [NEW YORK] BP’s oil spill was caused by “systemic” management failures at the company and its main contractors, showing the need for a “significant reform” of the industry, the presidential panel probing the accident said. BadBloomberg; REUTERS - 566 words
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118 2011-01-07 4 [SHANGHAI] Shanghai overtook Singapore as the world’s biggest container port for the first time last year, handling 29.05 million TEUs (20-foot equivalent units), city officials said this week. The Chinese city handled about 500,000 TEUs more than Singapore in 2010, according to a118 words
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333 2011-01-07 4 JOYCE HOOI - By JOYCE HOOI [SINGAPORE] Last night, the stage for Singapore’s maritime arbitration ambitions was set with the first signing of a used-ship sale and purchase deal using the spanking-new Singapore Ship Sale form (SSF). At the same time that the SSF was333 words
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Advertisement214 2011-01-07 2 YOU JUST ParkwayHealth 7 a/me WE'LL TAKE CARE OF EVERYTHING ELSE Pregnancy is one of the most exciting experiences in a woman's life. It is a time of happiness and expectations, accompanied by physical and emotional changes. ParkwayHealth offers quality maternity care through providing mothers-to-be with a warm, supportive environment214 words
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Advertisement295 2011-01-07 3 Discover a new dimension of fine living Experience the full splendour of life. A new paradigm of fine living on the celebrated East Coast, Silversea Elan opens up a sea of luxuries. At the peak of perfection, exquisite finishes and fittings create a residence of unparalleled sophistication. The collection includes295 words
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Advertisement39 2011-01-07 4 I» ROMO 3D2N from $494 (Full Board) Bintan Bali Phuket Mauritius MALDIVES SPECIAL PROMO! 5D3N from $1158 Fly by SQ (Half Full Board) FREE $1 00 Travel Voucher per couple! Global Holidays TA ***** Novena *****110 Plaza 682Q2211 y39 words
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Page 5 Advertisements
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Advertisement328 2011-01-07 5 h kUJAl time Time is to be experienced, treasured, and loved. Moments are to be remembered. A watch is more than a timepiece. It is a work of art, an heirloom, a symbol of love, o crowning glory. Every watch tells a story, a very personal one. For 31 years,328 words
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COMPANY NEWS
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Article, Illustration684 2011-01-07 6 LYNETTE KHOO - The spin-off IPO, if successful, would make Pan Hong the first S-chip to do so By LYNETTE KHOO PAN Hong Property is poised to become possibly the first S-chip to spin off a unit for a listing elsewhere. TheFILE PHOTO - 684 words
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570 2011-01-07 6 FELDA CHAY - EGM WATCH By FELDA CHAY AN extraordinary general meeting (EGM) that CNA Group is holding today to decide on the proposed sale of its stake in China-based water recycler Standard Water Co for US$17 million could see a tussle between the firm’s controlling570 words
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Article, Illustration548 2011-01-07 6 LYNETTE KHOO - By LYNETTE KHOO THE man who once played an instrumental role in Kim Eng said he sticks by the disclosure that was made concerning his resignation last year and that his quitting has nothing to do with a legal spat with a548 words
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458 2011-01-07 7 EMILYN YAP - Exercise targeted at retail investors, though some bonds may go to others By EMILYN YAP CAPITAMALLS Asia (CMA) is offering up to $200 million worth of one-year and three-year bonds to retail investors and perhaps, institutional investors. The mall developer and458 words
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Article, Illustration189 2011-01-07 7 CHONG Lit Cheong will take over as the chief executive officer at CapitaLand Commercial Limited from Feb 10. He will replace Ee Chee Hong, who is on six-month sabbatical leave. Mr Ee will assume a new position within the CapitaLand Group when he189 words
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COMPANY BRIEFS
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100 2011-01-07 7 TECHCOMP (Holdings) Ltd said that the company and its wholly owned subsidiary, Precisa Real Estate AG, had entered into an agreement to acquire a property in Switzerland for 4.3 million Swiss francs (S$5.8 million) from Precisa Instruments. The property comprises fifth floor100 words
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128 2011-01-07 7 MIRACH Energy has signed a cooperation framework agreement with Shanghai Petroleum and Natural Gas Co Ltd (SPNG) to jointly operate existing oil and gas fields owned by Mirach. Under the framework agreement, the company will also spearhead new initiatives for joint operations by128 words
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104 2011-01-07 7 KNITTED fabric maker China Taisan said that it will increase its capacity by 50 per cent to 36,000 tonnes by Q2 2011. It has entered into a 211.2 million yuan (S$41.2 million) contract to acquire one heat-setting machine, six dyeing104 words
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81 2011-01-07 7 MARCO Polo Marine said that its wholly-owned subsidiary Marco Polo Offshore (II) Pte Ltd has signed a memorandum of agreement to purchase a utility vessel for US$4.87 million. The ship, SMS Spectrum, is a 40-metre Panamanian-flagged vessel built in 2010.81 words
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Article, Illustration495 2011-01-07 9 LYNN KAN - Its top picks are commodity, real estate plays; key concern is inflation By LYNN KAN INFLATION and asset price bubbles seem to be the theme in Asia for 2 011, and Credit Suisse’s private banking division expects Asian equities to deliver about 19AFP - 495 words
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201 2011-01-07 9 MAXIE AW YEONG - By MAXIE AW YEONG STRATECH Systems is planning to acquire an 80 per cent stake in South Korea-incorporated Global Telecom Co Ltd for US$7.6 million. The Singapore-listed systems and technology developer is buying the stake from Asia Media Systems (AMS), the full owner of201 words
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352 2011-01-07 9 R SIVANITHY - Its annual report will provide answers to often-asked questions at AGMs By R SIVANITHY MAINBOARD-LISTED property and retail group Second Chance Properties (SCP) yesterday announced a new initiative to improve transparency and corporate governance answers to 14 of 22 frequent-ly-asked questions at its annual352 words
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Article283 2011-01-07 9 LINETTE LIM - By LINETTE LIM TEE INTERNATIONAL, an engineering and integrated real estate and facilities management group, has reported a 53.8 per cent increase in net profit to $6.94 million for the first half of the year ended Nov 30, 2010. It attributed the earnings surge283 words
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Page 6 Advertisements
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Advertisement105 2011-01-07 6 w SATS congratulates Air Macau on its inaugural flight to Singapore from January 2011 AIR MACAU M PI ON As Air Macau's first choice ground handling partner at Singapore Changi Airport, SATS Ltd. is committed to deliver service, focusing on excellence and innovation to exceed customer expectations. Our warm and105 words
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Advertisement283 2011-01-07 6 SIX CAPITAL proprietary forex traders FOREX EDUCATION SEMINAR SERIES ONE T ft The Foreign Exchange (Forex/FX) market is the single largest market in the world, with turnover soaring to a staggering USD 4 trillion dollars a day in 2010, Singapore has benefited from this and is today, the fourth largest283 words
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Page 7 Advertisements
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Advertisement23 2011-01-07 7 GOOD GAINS Let your investors know by advertising your financial results in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. MATS NOTICES23 words
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Advertisement143 2011-01-07 7 (re)imagine 462 fully furnished apartments 5 mins to Orchard Road and MRT private gourmet dining suites sunset views from sky loggias dedicated concierge chef and hospitality services for private hire urban orchard living TwiinPeaks leonie hill road k *■'4 In I s -il 1 Wii.yiiini iiiiihiii PMIBSS aiumni ill"'!!!!! IB"'!!!"143 words
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SINGAPORE MARKETS
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Article, Illustration553 2011-01-07 8 R SIVANITHY - Yesterday’s 25-point increase lifts index’s four-day tally to 89 points or 2.8 per cent STOCKS R SIVANITHY Senior Correspondent THE Straits Times Index (STI) yesterday rose for the fourth consecutive session since the turn of the New Year, this time by 25.45 points,Source: Bloomberg - 553 words
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Article66 2011-01-07 8 Jan 6 VALUE CLOSE BT OB/OS 1020.00 +172.0 BT CADI -*****.00 +184.0 BT 10-day MA -*****.00 +102.0 FTSE ST Mid Cap 827.65 +4.43 FTSE ST Small Cap 622.89 +9.18 FTSE ST All Share 815.05 +6.38 FTSE ST China Top 306.93 +2.00 FTSE ST China 335.06 +1.56 FTSE66 words
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Article191 2011-01-07 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 6 7 4 0 0 0 6 7 4 Manufacturing 95 26 85 6 3 13 101 29 98 Commerce 31 16 28 6 3 6 37 19 34 Tpt/Stor/Comms 24 10 11191 words
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BROKERS' TAKE
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Article, Illustration369 2011-01-07 8 Jan 6 close: $2.19 Citi Investment Research, Jan 5 WHILE Global Logistic Properties’ (GLP) acquisition of the Beijing Airport project was well expected by the market, we believe this is better news than expected given its consideration structure, payment terms and asset quality. Coupled with the strategicSource: Bloomberg - 369 words
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Article493 2011-01-07 8 LYNETTE KHOO - Jan 6 close: $1.53 OCBC Investment Research, Jan 6 Compiled by LYNETTE KHOO SUNTEC Reit has made a total distribution of 9.266 cents for the period from Jan 1 to Dec 8, 2010, with an average distribution per unit (DPU) yield of 7.1 per cent. Its share price493 words
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Article138 2011-01-07 8 Ebit earnings before interest and tax Ebitda earnings before interest, tax, depreciation and amortisation EPS earnings per share FY fiscal/financial year H1, H2 first or second half m-o-m month on month NAV net asset value 9M nine months P/B price/book value (ratio) PE price/earnings (ratio) Q1, Q2, Q3 first,138 words
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Article123 2011-01-07 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 46,382 46,382 100,847 100,847 Manufacturing 588,579 50,102 638,681 428,586 4,256 432,842 Commerce 101,113 47,922 149,035 239,613 3,485 243,099 Tpt/Stor/Comms 210,340 3,842 214,182 189,052 1,304 190,356 Finance 50,680 33 50,713 425,168 4 425,172 Construction 42,096 16,821123 words
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Article108 2011-01-07 8 Stock name Close Change CapMallsAsia 1.900 CapitaLand 3.900 +0.040 CapitaMall 1.980 CityDev 12.780 -0.020 ComfortDelGro 1.600 +0.020 DBS Grp 14.860 +0.160 F&N 6.520 Genting SP 2.220 +0.030 Golden Agri 0.800 HK Land 7.380 -0.100 JMH 47.500 JSH 28.660 +0.360 Jardine C&C 37.400 -0.220 Keppel Corp 11.500108 words
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Article, Illustration485 2011-01-07 8 CURRENCIES Reuters [LONDON] The US dollar edged up yesterday, having surged the previous day on strong US private-sector jobs data, but there is a risk it could pull back if today’s broader payroll numbers aren’t similarly robust. A string of robust USReuters; AP - 485 words
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Article53 2011-01-07 8 VOLUME BerlianLaju 109,115,000 GLP 84,203,000 Golden Agri 69,602,000 RafflesEdu 68,302,000 UMS 55,777,000 Noble Grp 48,783,000 XinRen 45,152,000 Genting SP 38,973,000 SunVic 37,134,000 Equation 36,865,000 VALUE($) GLP 183,767,830 UOB 125,874,320 DBS Grp 119,560,261 Noble Grp 112,518,110 Wilmar 97,485,640 OCBC Bk 87,446,445 Genting SP 86,138,880 JMH 72,635,971 CapitaLand 70,581,27253 words
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Article109 2011-01-07 8 BY CENTS CLOSE UP DairyFarm 948 256.3 26.4 IS S&P500 ***** 145.0 0.9 IS MSCI Spore 1398 95.8 5.6 JSH 2866 46.6 1.3 UOB 1924 40.0 2.1 OCBC Bk 5.1%NCPS 100 ***** 24.0 0.2 CoscoCorMBLeCW*****2 65.0 24.0 58.5 Lyxor LatinAmerica 1 957 20.7 1.7 OCBC Bk 1032 18.0 1.8109 words
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Article126 2011-01-07 8 BY CENTS CLOSE DOWN DBXT Nifty 10US$ *****-211.0 -1.2 GLD 10US$ ***** -99.7 -0.6 DBXT S&P Short 10US$ 4454 -58.3 -1.0 OCC 3.93% NCPS10 9580 -30.0 -0.3 DBXT MSINDIA 10US$ 1116 -29.8 -2.0 Jardine C&C 3740 -22.0 -0.6 DBXT FTVietnam 10US$ 3660 -20.7 -0.4 Asia Pac Brew 1950 -14.0126 words
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Advertisement30 2011-01-07 9 SALE Ermenegildo Zegna Ermenegildo Zegna Stores: ION Orchard Tel: 6509 8770 Paragon Tel: 6735 8147 Takashimaya Department Store Tel: 6733 9293 zegna.com ZZegna Store: ION Orchard Tel: 6509 8780 zzegna.com30 words
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SINGAPORE NEWS
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Article, Illustration526 2011-01-07 10 TEH SHI NING - Demand for IP services set to rise with firm economic growth: Shanmugam By TEH SHI NING AS demand for intellectual property services is set for a boost with robust economic growth, Singapore is positioning itself as an intellectual property hub for the region,BLOOMBERG FILE PHOTO - 526 words
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367 2011-01-07 10 VICTORIA HO - By VICTORIA HO SINGAPORE has consistently churned out the highest quality of patents invented in the Asia-Pacific over the last five years, according to an intellectual property (IP) research project. Released yesterday, the results of the Asia-Pacific IP Scorecard 2009 pegged Singapore’s patents367 words
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419 2011-01-07 10 SIOW LI SEN - By SIOW LI SEN THE government guarantee on bank deposits expired on Dec 31, 2010 pretty much a non-event that is also a testimony to Singapore’s strong financial system. What continues to preoccupy savers instead is how to move their money from bank419 words
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349 2011-01-07 10 LINETTE LIM - By LINETTE LIM BILLED as Singapore’s Oktoberfest, Asia Pacific Breweries Singapore’s (APBS) inaugural Tiger Lunar Extravaganza 2011 is set to please crowds with an unlimited flow of beer. The ticketed event with an expected turnout of 3,500 will also feature live performances by349 words
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SINGAPORE ROUNDUP
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59 2011-01-07 10 THE Urban Redevelopment Authority yesterday launched a 99-year leasehold hotel site at Robertson Quay for sale through a tender. It announced last month that a developer had committed to pay at least $51.5 million or $378 per square foot per plot ratio for the59 words
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51 2011-01-07 10 SINGAPORE will host the International Association of Volunteer Effort (IAVE) World Volunteer Conference for the first time from Jan 24-27. The 21st IAVE World Volunteer Conference brings together more than 150 leading local and international figures from over 50 countries to share their experiences for51 words
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Article87 2011-01-07 10 A TEAM of researchers from Ngee Ann Polytechnic’s School of Engineering has invented a faster, semi-automated method to diagnose tuberculosis, a potentially deadly lung disease. Developed in collaboration with Sata CommHealth, the new technique analyses the texture of the lungs in X-rays via a software87 words
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279 2011-01-07 10 MAXIE AW YEONG - Onus on principals to ensure safety of contractors, workers By MAXIE AW YEONG THE Ministry of Manpower (MOM) has proposed changes to the Workplace Safety and Health Act (WSHA) and is inviting feedback from the public. One change that MOM is proposing279 words
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Page 10 Advertisements
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Advertisement1159 2011-01-07 10 w BSAF3 V NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF PPEM PTE. LTD. (IN MEMBERS’ VOLUNTARY LIQUIDATION) CO. REG. NO. *****4816K NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the Company held at 61 Robinson Road, #1801, Robinson Centre, Singapore *****3,1,159 words
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Advertisement35 2011-01-07 10 Your window to the marketplace January/February issue out now! Available at all petrol stations (except Caltex) and all major bookstores To subscribe ($30 for six issues delivered to your office or home), please call 6388-383835 words
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ECONOMY WATCH
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Article, Illustration723 2011-01-07 11 Prices hit new highs in Dec, raising fears spiral could spread to other sectors Reuters [SINGAPORE] Record high food prices are moving to the top of the agenda for many Asian policymakers as the prospect of higher inflation in 2011 poses aReuters; REUTERS - 723 words
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298 2011-01-07 11 Reuters [SEOUL] The Bank of Korea’s top policy priority this year will be to stabilise inflation, while adjusting monetary policy in view of the global economic situation, the central bank said yesterday. Separately, the finance ministry pledged to make an effort “onReuters - 298 words
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Article, Illustration640 2011-01-07 11 Reuters [WASHINGTON] Former Federal Reserve chairman Paul Volcker plans to leave his role as head of a panel of experts advising President Barack Obama on the economy, sources familiar with the decision said on Wednesday. The departure of Mr Volcker, 83, from the president’sReuters; AFP - 640 words
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538 2011-01-07 11 Reuters [WASHINGTON] Federal Reserve economists endorsed on Wednesday one of the crown jewels of 2010’s Wall Street reform laws orderly liquidation of troubled financial firms which a top Republican has targeted for repeal. The Cleveland Federal Reserve Bank researchers, in a report thatReuters - 538 words
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490 2011-01-07 11 Reuters [WASHINGTON] The International Monetary Fund could take a bigger role in developing “rules of the road” for international capital flows to ensure hot money doesn’t spread financial crises, IMF staff said on Wednesday. These investment flows can help poorerReuters - 490 words
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Advertisement83 2011-01-07 11 City Fringe Living > Next to Potong Pasir MRT Station > 3 mins to Serangoon Nex Megamall > 8 mins to Orchard Road > 3 min from CTE PIE KPE > Near to Prestigious Schools > 4% Potential Rental Return > High rentability from MNCs and International Schools *Choice of83 words
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MALAYSIA/INDONESIA
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543 2011-01-07 12 S JAYASANKARAN - Concerns over systemic stability weigh on Bank Negara’s decision By S JAYASANKARAN By in Kuala Lumpur SPECULATION is mounting that an enormous US dollar loan from a Bank of China unit to fund the RM26 billion (S$10.95) purchase of Plus543 words
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312 2011-01-07 12 Bloomberg [JAKARTA] Indonesia’s plan to offer tax incentives for Islamic finance may spur sukuk issuance, which was 32 per cent that of Malaysia last year. Sales of syariah-compliant debt rose 56 per cent to 26.2 trillion rupiah (S$3.77 billion) in Indonesia in 2010,Bloomberg - 312 words
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577 2011-01-07 12 S JAYASANKARAN - By S JAYASANKARAN in Kuala Lumpur AT least RM18 billion (S$7.6 billion) worth of domestic contract jobs in construction and related work could be awarded this year, a figure that will keep the momentum of job flows ticking over from last year, a577 words
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Advertisement2720 2011-01-07 12 BEATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com. OUNA VETERINARY SERVICES (ASIA) PTE. LTD. Company Registration No. *****2595C (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that the Final Meeting of Members of the abovenamed Company will be held at 6 Marina Boulevard #32-22, Singapore *****5onMonday,7February2011at 11.002,720 words
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Advertisement321 2011-01-07 12 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF STREAM II INVESTMENTS PTE. LTD. (INMEMBERS’VOLUNTARYLIQUIDATION) (Co. Reg. No: *****2999Z) At an Extraordinary General Meeting of the abovenamed Company duly convened and held at4BatteryRoad#34-01BankofChinaBuilding, Singapore *****8 on 30 December 2010 at 11.00 a.m., the following resolutions321 words
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GREATER CHINA/INDIA
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Article, Illustration494 2011-01-07 13 Rain lifts prices of vegetables, adding to fears of spillover to other goods Reuters [NEW DELHI] India’s food inflation accelerated for the fifth straight week to the highest in more than a year, reinforcing fears it will spill over to broader prices and pileReuters; REUTERS - 494 words
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440 2011-01-07 13 AFP [HONG KONG] Hong Kong lawmakers have given final approval for the city’s first minimum wage, but critics say it is too low for many low-income people struggling to make ends meet in the financial hub. The city’s Legislative Council ushered in theAFP - 440 words
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455 2011-01-07 13 But measures will be withdrawn gradually: official Bloomberg [NEW DELHI] India will further withdraw fiscal stimulus as it strives to tame inflation in an economy set to return to 9 per cent growth, Kaushik Basu, the chief economic adviser in the finance ministry said. “WeBloomberg - 455 words
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307 2011-01-07 13 Bloomberg [HONG KONG] Hong Kong’s top 40 billionaires’ wealth rose to US$163 billion this year from US$135 billion in 2010 as China’s rapidly growing economy bolstered their investments, according to Forbes magazine. Li Ka Shing, who controls Cheung Kong (Holdings) LtdBloomberg - 307 words
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Advertisement143 2011-01-07 13 WINE DINE AND HOSPITALITY A FINE START TO THE YEAR Indulge your palate this January with an epicurean masterpiece at Keyaki. Chef Hiroshi Kagata crafts an exquisite nine-course kaiseki menu featuring Snow Crab, Tuna Toro and GrilledJapaneseWagyu and Foie Gras with Original Yakiniku Sauce. Priced at $160 per person. >143 words
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Advertisement99 2011-01-07 13 ri I A R A NEW SUNDAY ROAST. SIMPLY SIZZLING. Savour our all new Sumptuous Sunday Roast, with a sizzling selection of roast dishes and the very best of local and international cuisine from the buffet, every Sunday lunchtime. $68++ per person* Not including beverages Or continue to enjoy Oscar's99 words
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WORLD
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Article, Illustration758 2011-01-07 14 Five-year bonds worth 5b euros issued at an interest rate of 2.59% EUROZONE DEBT WOES NYT [NEW YORK] The European Union (EU) began issuing bonds on Wednesday to finance its rescue fund for Ireland, even as Portugal was required to pay more toNYT; REUTERS - 758 words
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754 2011-01-07 14 Numbers reflect stubborn doubts that Ireland can repay debt Bloomberg [DUBLIN] Ireland’s bailout money will start to arrive next week, with investors expressing scepticism about the country’s ability to repay its debts by driving the cost of insuring against default to aBloomberg - 754 words
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377 2011-01-07 14 Bloomberg [BERLIN] German factory orders rose five times more than economists forecast in November, driven by demand from outside the euro region. Orders, adjusted for seasonal swings and inflation, surged 5.2 per cent from October, when they gained 1.6 per cent,Bloomberg - 377 words
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Article, Illustration567 2011-01-07 14 Bloomberg [SYDNEY] North-eastern Australia’s worst floods in half a century are likely to slow the nation’s economy and prompt the central bank to refrain from raising interest rates as inundated coal mines reduce export income. Disruption to mining and damage toBloomberg; REUTERS - 567 words
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Article, Illustration672 2011-01-07 15 The deal exposes thin line between private and public markets, says report AFP [NEW YORK] A Goldman Sachs investment of nearly half a billion dollars into Facebook has spawned a probe by US regulators eager to safeguard the dividing line between public and private companies,AFP; AP - 672 words
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Article, Illustration543 2011-01-07 15 Dutch firms may have used them in processed foods AFP [BERLIN] Eggs potentially containing toxic dioxin that caused a health scare in Germany were exported to the Netherlands, amid concerns they ended up in processed foods such as mayonnaise, authorities said on Wednesday. “WeAFP - 543 words
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323 2011-01-07 15 Bloomberg [WASHINGTON] US government spending on Medicaid and Medicare rose almost six times faster than insurance company expenditures in 2009 from the prior year as the recession pushed more Americans onto public assistance, a federal report said. The US and states combined to spendBloomberg - 323 words
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242 2011-01-07 15 AFP [TOKYO] Japan is financially backing its companies that are seeking to build “green cities” communities with low pollution and renewable energies in India and elsewhere, a report said yesterday. The public-private Innovation Network Corp of Japan plans to invest up to 130AFP - 242 words
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Article, Illustration843 2011-01-07 16 Adding 2 Games more to package could bring total fee to over US$4 billion AP [LONDON] ESPN, Fox and the other main contenders for US television rights have shown interest in buying a package covering four Olympics rather than the usual two-GamesAP; REUTERS - 843 words
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Article, Illustration557 2011-01-07 16 Reuters [LONDON] Forget the G-20 as a source of global leadership. Senior political risk analyst Ian Bremmer says that the next decade will be that of the “G-zero” an increasingly rudderless world of growing international tension. When the Group of 20 emerging andReuters - 557 words
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395 2011-01-07 16 Reuters [NEW YORK] Several major private equity firms are considering buying Fortune Brands’ home products unit after the company announced plans to spin off the US$3 billion division, five people familiar with the matter said. Some of the large buyout firms, including Blackstone GroupReuters - 395 words
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576 2011-01-07 16 Reuters [NEW YORK] Corporate America is bracing for the judgment of shareholders on lucrative executive pay packages, tossing out some perks, tweaking pensions and taking pains to show how compensation is linked to performance. Nearly half the US companies surveyed byReuters - 576 words
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Advertisement31 2011-01-07 14 GRAVY PURSUITS Expatriate wives are venturing into the catering business HEAVY METAL MEETS SOLE... Indian fashion takes a metallic twist GET YOUR COPY TODAY FROM ALL 7-ELEVEN OUTLETS (WHILE STOCKS LAST)31 words
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Advertisement1300 2011-01-07 15 :*ATci NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF EAST TRENDS PTE LTD (Company Registration No. *****3885D) (In Members’ Voluntary Liquidation) SUPPLEMENTAL NOTICE In the notice, that was posted on Page 7, Business Times Friday December 31 2010 edition, of the special resolutions1,300 words
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Advertisement426 2011-01-07 16 Sharpen your leadership skills As today's world is fraught with myriad new challenges, company stalwarts must possess pertinent leadership and managerial skills in order to develop high-performance teams and steer the company towards achieving its goals. If you aspire to be an even more effective and inspiring leader, enrol in426 words
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SHIPPING/AVIATION
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Article, Illustration438 2011-01-07 17 JOYCE HOOI - Republic poised to offer more services, such as maritime arbitration By JOYCE HOOI THE Port of Singapore found its way back from the depths of the financial crisis last year, recording a container throughput of 28.4 million twenty-foot equivalent units (TEUs) last year a438 words
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339 2011-01-07 17 Bloomberg [HONG KONG] China Rongsheng Heavy Industries Group Holdings, the nation’s largest shipbuilder outside state control, expects container vessel orders to rise this year as world trade rebounds from the global recession. “Container ship orders are looking better this year,” chief financial officer Sean WangBloomberg - 339 words
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Article278 2011-01-07 17 SGX '000 Jan 6 S$ +/-Vol CH Offshore 0.51 0.01 262 Chuan Hup Hldg 0.25 -0.01 245 Cosco Corp 2.29 0.02 ***** CWT Ltd 1.17 0.02 ***** Ezra Hldgs 1.82 0.02 9857 First Ship Lea 0.48 unch 375 Freight Links 0.08 unch 1233 Grand Banks unch unch 0278 words
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232 2011-01-07 17 Reuters [COPENHAGEN] The container shipping arm of AP Moller-Maersk, Maersk Line, sees a well-balanced market, as global capacity is forecast to grow 9 per cent this year, a senior executive said. The head of Maersk Line’s route network, Jorgen Harling, told ReutersReuters - 232 words
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Article199 2011-01-07 17 AFP [SEOUL] South Korea’s Asiana Airlines said yesterday it had agreed to buy six Airbus A380s, the so-called “superjumbo” jets, in a deal worth US$1.8 billion. The country’s second-largest carrier said the France-based manufacturer had agreed to deliver the planes between 2014 and 2017,AFP - 199 words
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Article, Illustration883 2011-01-07 17 They expect prices to correct; are wary after JAL bankruptcy Reuters [HONG KONG] Top global airlines are staying away from further hedging jet fuel purchases that account for around a third of their costs, betting that a recent surge in oil prices to two-yearReuters; AFP - 883 words
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Article3324 2011-01-07 17 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi KU6457 1230 SQ456 1245 SQ457 1230 EY470 2200 VA7470 2200 Adelaide LH9771 1745 9W4082 2220 SQ278 1745 AF8088 2220 VS7278 1745 BA7382 2220 --JL5083 2220 MU8214 2220 --QF82 2220 LH9770 2350 SQ279 2350 VS7279 2350 Amsterdam LO4031 0605 LO40323,324 words
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EDITORIAL & OPINION
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478 2011-01-07 18 EDITORIAL THE notion that ties between China and the US are the world’s most important bilateral relationship has become a conventional wisdom of sorts. Indeed, when it comes to the major issues that currently dominate the geo-strategic and geo-economic agendas the global financial imbalances that could478 words
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Article, Illustration783 2011-01-07 18 DAVID MASON - THE BOTTOM LINE DAVID MASON The writer, a former partner of Price Waterhouse Singapore, runs his own consulting business in the UK. E-mail boss@mcewenmasons.demon.co.uk THE UK has been battered physically, fiscally and mentally for a long time, to such an extent that783 words
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Article, Illustration1028 2011-01-07 18 ANTHONY ROWLEY - For Japan, strategic ties that go against the grain of economics are hard to sustain ANTHONY ROWLEY Tokyo Correspondent STRATEGIC alliances that fly in the face of economic logic do not usually represent a good basis upon which to build foreign policy. Yet asREUTERS - 1,028 words
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Article, Illustration1175 2011-01-07 19 NICO DERKSEN, JOW LEE YING - Global trends are encouraging firms to strengthen their business and tax profile by bringing in operations By NICO DERKSEN, JOW LEE YING The writers are respectively executive director and senior manager of international tax services at Ernst Young Solutions LLP MULTINATIONALenterprises set up holdingAP - 1,175 words
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Article728 2011-01-07 19 Mak Yuen Teen - LETTER TO THE EDITOR Mak Yuen Teen Associate Professor NUS Business School I REFER to the commentary “A 2011 wishlist for the Singapore stock market” (BT, Jan 6) and support the writer’s call for the Singapore Exchange (SGX) to be more transparent about its728 words
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Page 19 Advertisements
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Advertisement124 2011-01-07 19 HAVE YOUR SAY Fax your letters to 6319-8277 or email them to btletter@sph.com.sg or write to: The Business Times, SPH HQ, 1000 Toa Payoh North, Podium Level 3, Singapore *****4. We need your full name, address and telephone number for verification. Please use temperate language, and bear in mind libel124 words
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SINGAPORE STOCKS
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Article9171 2011-01-07 20 Transaction date: Jan 6 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 21 14.5 3148 8Telecom 20 +1 1370 20 19 19.5 20 1.7 9.1 6.4 95.8 12 4.5 58349,171 words
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Article1694 2011-01-07 21 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 7 4 1181 t AA Grp 5 4 5 27.8 4.8 225 130 6222 t APStrategic 189 -11 33 200 175 1811,694 words
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Article9518 2011-01-07 21 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.36/ APS Alpha Fund (USD)!** 1.05/ APS Alpha Fund Cl B SGD!** 1.2/ APS Alpha Fund Cl B USD!** 0.89/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt S'pore Pte Ltd AXA WM9,518 words
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Article855 2011-01-07 21 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 $mil 124 107 6389 ABF SG Bond ETF 111 110 112.3 506.7 1056 761 CIMBAsean40 100US$ US1040 unch 50 1040 1040 1038 1042 41.6 335855 words
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Article254 2011-01-07 21 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 $mil 56 38 6000 AVJennings A48 47 52 3.6 7.3 3.8 125 55 16 6017 Genting HK US$ US46.5 +1 ***** 47 45.5 46.5 47 3061.8254 words
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FINANCE & COMMODITIES
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374 2011-01-07 22 In local curr In S$ In US$ dy yr dy yr dy yr Jan 5 Index Change Change Change Change Change Change World Index Preliminary 909.2 0.1 9.2 0.1 1.3 -0.4 9.9 EAFE Preliminary 812.2 -0.1 3.5 -0.8 -3.9 -1.3 4.2 Europe Preliminary 1187.0 -0.1374 words
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Article180 2011-01-07 22 Jan 6 $S Offer Bid 0vernight 0.03 0.01 1-month 5/16 1/16 2-months 3/8 1/8 3-months 7/16 3/16 Overnight mode: 0.08 US$ Offer Bid 7 days 0.35 0.25 1 month 0.40 0.30 2 months 0.43 0.33 3 months 0.46 0.36 6 months 0.55 0.45 9 months 0.80 0.60 12180 words
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Article22 2011-01-07 22 Jan 6 S$ Bid Offer 1-month 1.2945 1.2947 2-months 1.2945 1.2947 3-months 1.2945 1.2947 6-months 1.2947 1.2949 Source: OCBC22 words
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Article149 2011-01-07 22 Jan 6 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Feb 11 529.0 526.0 529.0 12 Mar 11 527.5 527.5 527.5 5 Apr 11 526.0 May 11 527.0 Jun 11 523.0 523.0 527.0 20 Jul 11 527.5 Aug 11149 words
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Article88 2011-01-07 22 Jan 6 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****N 07.04.2011 0.38 1-Year BY*****N 01.11.2011 0.42 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****1E 2.500 01.10.2012 103.41 103.44 103.43 5-Year N*****0S 2.875 01.07.2015 106.48 106.58 106.5088 words
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Article107 2011-01-07 22 Jan 5 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jan 11 1386.00 1361.00 1387.25 1354.00 Mar 11 1393.50 1369.50 1395.00 1362.00 May 11 1400.50 1377.00 1402.50 1369.75 Jul 11 1402.25 1379.75 1404.75 1372.00 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Jan 11 57.25107 words
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Article77 2011-01-07 22 CRUDE OIL PRODUCTS Jan 5 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 95.00 1.39 WTI (Near Mth) 90.42 1.18 Dubai (1-Mth F) 89.46 -2.14 Tapis blend 97.95 -2.15 Minas 93.75 -2.15 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 96.17 -1.16 Jet Kerosene 104.64 -2.26 US$/barrel Opec Oil77 words
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2474 2011-01-07 22 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Tel Last Vol Conv Exer Disc Gear-Mths Code Company Sale +or-('000) Ratio Price ing Left AFP Properties EW*****8 34.5 0.5 212 1 10 -3 1.33 58 6221 Asia-Pacific Strategic W*****6 33 -4 59 1 150 -3 5.73 40 6227 ASJ Hldgs W*****1 2 12,474 words
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Article121 2011-01-07 22 Jan 06 As at 9am Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.335 1.26 Can dollar 1.32 1.27 Euro 1.732 1.666 Sterling pound 2.042 1.964 NZ dollar 1.009 0.961 US dollar 1.311 1.261 Local dollars to 100 units of foreign121 words
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Article27 2011-01-07 22 Jan 6 Open High Sett STI Jan 3280 SIMSCI Jan 382.9 387.5 387.5 Taiwan Jan 313.1 314.6 314.2 Source: MF Global (S) Pte. Ltd27 words
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Article67 2011-01-07 22 Jan 6 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Jan 11 3900 3882 3920 3875 256 2178 Feb 11 3903 3888 3916 3880 1159 ***** Mar 11 3880 3864 3894 3845 ***** ***** Apr 11 3863 383367 words
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Article424 2011-01-07 22 Jan 6 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Mar11 99.6350 0 3378 Jun11 99.5050 0 904 Sep11 99.3400 0 835 Dec11 99.1250 0 1259 EUROYEN TIBOR FUTURES Mar11 99.6625 99.6625 99.6550 99.6550 300 2494 Jun11 99.6450 99.6450 99.6450 99.6425 0 1389 Sep11 99.6375 0 1054424 words
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Article464 2011-01-07 22 Jan 6 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.992 6.608 0.760 7.754 45.160 89.696 0.829 11.184 3.064 1.317 85.506 43.806 1.291 6.720 0.966 29.225 30.158 0.643 0.997 Canada 1.008 6.662464 words
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Article85 2011-01-07 22 Jan 6 (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$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths85 words
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Article140 2011-01-07 22 Jan 6 GOLD (US$/oz) Jan 05 Jan 06 Hong Kong 1383.20 1378.50 Jan 05 Jan 04 London 1371.20 1383.80 1372.10 1384.70 Source: Thomson Reuters Source: Reuters CAST BAR Jan 06 (S$) Selling Buying Kilobar 61,571.01 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 138 57 5gm 392 287140 words
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Article69 2011-01-07 22 Jan 5 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2452.75 2472.75 3 months 2464.00 2484.00 Copper, Grade A (US$/tonne) Cash 9587.00 9624.75 3 months 9550.00 9580.00 Lead (US$/tonne) Cash 2681.00 2628.50 3 months 2660.00 2609.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.0069 words
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Article154 2011-01-07 22 Jan 6 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2910 1.2918 0.9972 0.9977 Canadian dollar 1.3015 1.3024 1.0053 1.0058 Euro 1.6981 1.6986 1.3117 1.3119 NZ dollar 0.9799 0.9808 0.7569 0.7575 Sterling pound 2.0086 2.0094 1.5515 1.5519154 words
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Article84 2011-01-07 22 Jan 5 COCOA (£/tonne) Close Prev High/Low Mar 11 1934 1962 1962/1914 May 11 1942 1975 1975/1921 Jul 11 1956 1989 1968/1934 Sep 11 1970 1998 1998/1947 COFFEE (US$/tonne) Close Pev High/Low Jan 11 1995 2072 2070/1962 Jun 05 2005 2072 2060/1950 May 11 2023 2090 2079/1970 Jul 1184 words
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5739 2011-01-07 23 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 Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Destination DING XIANG HAI Camden/New Orleans/Tampico *Loads5,739 words
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Page 23 Advertisements
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Advertisement6 2011-01-07 23 Shipping lines seeking reliable logistics partners6 words
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Advertisement32 2011-01-07 23 Importers looking for Warehouse Can they find your services here in the Shipping Times? THE BUSINESS TIMES TO ADVERTISE, CALL JOE WONG AT 9620 1327 I I IL UUJIiyUJJ IIIVILJ SHIPPING TIMES32 words
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Page 24 Advertisements
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Advertisement29 2011-01-07 24 I FREIGHT FORWARDER urgently needed by shippers I Can they find your services here in the Shipping Times? THE BUSINESS TIMES TO ADVERTISE, CALL JOE WONG AT 9620 132729 words
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executive lifestyle
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PURSUITS
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Article, Illustration688 2011-01-07 25 FELDA CHAY - The Singapore team vies for the World Pastry Cup again and this time they will dazzle with some sleight of hand and flour power, reports FELDA CHAY IF AT first you don’t succeed, try and try again. Such is the mantra of Singapore’s World Pastry Cup teamYEN MENG JIIN - 688 words
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Article, Illustration534 2011-01-07 25 JAIME EE - By JAIME EE THIS is no detective novel and the only mystery is who came up with the hokey title, but one can appreciate that The End of Char Kway Teow and Other Hawker Mysteries is a lot catchier than “A Guide to the Best HawkerEPIGRAM BOOKS - 534 words
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Article, Illustration531 2011-01-07 25 LEE KIM SIANG - GAMING REVIEW By LEE KIM SIANG THEY say the devil is in the details, and if any game were to embody that saying, Polyphony Digital’s long-delayed Gran Turismo 5 would be it. With the insane number of cars in the game531 words
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AROUND TOWN
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Article169 2011-01-07 25 FORE is a group exhibition by four artists: Paul Campbell (New York), Katja Pal (Slovenia), Mei Hsien Chan (Singapore) and Shih Yun Yeo (Singapore) who are all committed to painting and drawing as a medium in their artistic practice. Brooklyn-based Campbell has developed innovative169 words
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Article, Illustration156 2011-01-07 25 In celebrating the various talents of today’s artists, Galerie Sogan Art’s Beyond Canvas series of exhibitions in 2011 shall highlight the wealth of other media and their applications in contemporary arts. To kick off this series, the gallery presents its first contemporary photography show: 7/24: Sins156 words
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200 2011-01-07 25 In a unique collaboration, the Breast Cancer Foundation, KK Women’s and Children’s Hospital and Science Centre Singapore have put up an interactive exhibition on Breast Cancer, using a creative mix of audio, visual and sensory displays of real-life images, specimens and equipment. Visitors can learn about200 words
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Article104 2011-01-07 25 French photographer Gilles Massot has been a travel photojournalist since 1985 and besides dabbling with other art forms, now returns to this genre with this exhibition that runs in the form of a photo travelogue. Iran has been a country much talked about but little104 words
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ARTS
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Article, Illustration535 2011-01-07 26 NATALIE KOH - Watch it again uncensored this time By NATALIE KOH MORE than 10 years after making its debut here in Singapore (censored, of course), Richard O’Brien’s Rocky Horror Show has returned in all its uncensored glory. Surprisingly, the opening show on Wednesday night at the Esplanade Theatre did seem to be535 words
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Article, Illustration1149 2011-01-07 26 CHEAH UI-HOON - As the art market gears up for the inaugural Art Stage Singapore next week, CHEAH UI-HOON previews fringe events that dovetail with it from heartland shows to photographic works by promising regional artists CHEAH UI-HOON WHENtherearemajor art events such as Art Stage Singapore, which will1,149 words
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Article, Illustration663 2011-01-07 26 GEOFFREY EU - By GEOFFREY EU GENGHIS Khan never made it to Singapore in his lifetime but nearly eight centuries after his death in 1227, an exhibition of artifacts from his life and times will be the main attraction when the ArtScience Museum at Marina Bay Sands opens next663 words
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WINE/BOOKS
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Article, Illustration1133 2011-01-07 27 NK YONG - Chateau d’Yquem’s vines in the French Bordeaux region are attacked by bacteria that suck water from the grapes, intensifying their sugar content, writes NK YONG WAY back in the early 1980s when I began learning about wine, Chateau Yquem was the dessert wine no other dessert wineFILE PHOTOS - 1,133 words
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Article, Illustration737 2011-01-07 27 SCOTT REYBURN - By SCOTT REYBURN Bloomberg SURGING demand in Asia for Chateau Lafite and other prestige French wines may be causing a bubble, dealers said. The warning for 2011 comes after the three biggest wine auctioneers had final sales figures of US$259.3 million (S$335 million) forBloomberg; REUTERS - 737 words
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Article, Illustration794 2011-01-07 27 KENNETH JAMES - The Mesh: Why the Future of Business is Sharing By: Lisa Gansky Publisher: Portfolio Penguin Pages: 242 Price: $37 without GST Rating: A- By KENNETH JAMES IN 2000, two friends stepped into the future when they started Zipcar, a car-sharing firm with a radicallyPHOTOS: BLOOMBERG - 794 words
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TV/MUSIC
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Article, Illustration696 2011-01-07 28 DYLAN TAN - Martin Scorsese gets behind the camera on pilot of new TV series, TELEVISION reports DYLAN TAN WITH its pilot costing US$18 million, the highest ever in television history (snatching the title from Lost), it’s no surprise gangster drama series Boardwalk Empire has been hailed as thePHOTOS: HBO - 696 words
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Article, Illustration662 2011-01-07 28 DYLAN TAN - By DYLAN TAN WITH grand production values and big names stars, television is rivalling movies in terms of costs and quality. Andrew Marlowe, creator and executive producer of hit TV series Castle would know best, having worked on both. Before cutting his teeth onPHOTOS: ABC, CASTLETV - 662 words
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Article, Illustration587 2011-01-07 28 CHRISTOPHER LIM - CD REVIEWS By CHRISTOPHER LIM PART of the music shopper’s challenge with fusion instrumental albums is the difficulty in evaluating them from album covers or the genre. Fusion is, after all, a vague term. It usually refers to a jazz-rock fusion, but it can also be a587 words
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CINEMA
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Article, Illustration640 2011-01-07 29 GEOFFREY EU - The Fighter’s Mark Wahlberg and Christian Bale revisit the tragic story of boxer Dicky Eklund in screen portrayals that leave other fight movies out for the count, says GEOFFREY EU GEOFFREY EU THE Fighter opens with an indelible image of an unrecognisable Christian Bale pale,PHOTOS: AP, REUTERS - 640 words
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Article, Illustration571 2011-01-07 29 GEOFFREY EU - By GEOFFREY EU UNLIKE the movies, life doesn’t always come in neatly wrapped packages, and that’s probably what appealed to the film-maker Andrew Jarecki when making his debut feature All Good Things, which was inspired by the true, bizarre and very messy story of Robert Durst,BLOOMBERG - 571 words
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Article, Illustration593 2011-01-07 29 DYLAN TAN - By DYLAN TAN LOVE And Other Drugs is a change of pace for director Edward Zwick who in recent times was better known for making sweeping historical epics like The Last Samurai, Legends of the Fall and Glory. But Zwick’s new movie also marks a return20TH CENTURY FOX - 593 words
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Article, Illustration399 2011-01-07 29 CHRISTOPHER LIM - DVD REVIEW By LIM CHRISTOPHER LIM THERE have been so many awful movie adaptations of video games that most audiences approach the genre with some caution. After all, Max Payne was mediocre, both Street Fighter movies were farcical, and the Resident Evil movies succeeded399 words
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Article, Illustration1648 2011-01-07 30 CLARISSA TAN - Website or on-site? Two very different art fairs are reaching out to art lovers one on the Internet and the other which depends heavily on site-specific locations, reports CLARISSA TAN OURexperienceofartdepends very much on where we view it. Arguably, our appreciation of the Mona Lisa would bePHOTOS: VIP ART FAIR, SINGAPORE BIENNALE - 1,648 words
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Page 26 Advertisements
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Advertisement8 2011-01-07 26 www.omy.sg a urn showbiz.omy.sg Miii yzone.omy.sg a r8 words
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Page 27 Miscellaneous
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Miscellaneous339 2011-01-07 27 CRYPTIC CROSSWORD Across 1 Copper with spirit gets position in church (6) 4 Photographic equipment captures the cat taking head of gerbil in sport (8) 10 Valiant, he wrestled monster (9) 11 Have completed preparation to besiege (5) 12 Merseyside town’s centre for lager produced illicitly (7) 13 In a339 words
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Page 29 Advertisements
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Advertisement27 2011-01-07 29 Including Shanghai 20 Chinese cities received close to 1.24 trillion yuan from land sales last year 上去近 To subscribe, call 6388-3838 or go to sphsubscription.com.sg27 words
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Page 30 Advertisements
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Advertisement11 2011-01-07 30 ARTS Bringing Genghis Khan to life in new exhibition PAGE 2611 words
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