The Business Times, 26 August 2011

Lock icon This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.

Microfilm: NL31592
Total Pages: 95
1 62 The Business Times
Page thumbnail Page 1
  • Title Section
    Lock icon Masthead
    23 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|£l A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 120/08/2011 Friday, August 26,
    23 words
  • Article
    Lock icon Candidates wrap up campaign with candid reflections
    953 1  -  Tony Tan speaks out against ‘personal attacks’; Kin Lian feels Jee Say not qualified By LEE U-WEN [SINGAPORE] There was plenty of finger-pointing on the ninth and final day of campaigning as the four presidential candidates made a last-ditch effort to convince voters
    953 words
  • Article
    Lock icon MARKETS DIGEST
    141 1 GST INDEX 2,765.74 (+45.84) GST INDEX FUTURES 2,766 (+47) GSIMSCI 317.07 (+4.47) GSIMSCI FUTURES 316.70 (+3.70) FOREX US$ S$ US$ (S$ per US$) 1.208 (US$/S$ per 1.638 1.979 EURO (US$/S$/E) 1.446 1.747 Foreign currency per US$ S$ YEN 77.00 63.70 RM 2.987 2.471 HK$ 7.796 6.451 BAHT 29.97
    141 words
  • Article
    Lock icon Market hopes to sail north on QE III
    659 1  -  Investors prime themselves for what Bernanke might say today By MICHELLE TAN [SINGAPORE] If a third round of quantitative easing (QE III) plays out in the United States, it could trigger a short price rally in the Singapore market, especially in blue
    659 words
  • Page 1 Advertisements
    • Advertisement
      Lock icon Page 1 Advertisements Column 1
      31 1 CHANGE OF GUARD Building on a legacy PAGE 2 The Businessof Time Don’t miss this 60-page supplement, free with BT today EXECUTIVE LIFESTYLE Companies stake out greener pastures I PAGE 36
      31 words
    • Advertisement
      Lock icon Page 1 Advertisements Column 2
      11 1 ECONOMY S&P affirms Singapore’s AAA credit rating PAGE 4 *****1 *****4
      11 words
    • Advertisement
      Lock icon Page 1 Advertisements Column 3
      53 1 WINE Bordeaux’s high points PAGE 30 FESTIVALS AROUND THE WORLD A day to fete love PAGE 33 u y f o A ss i o M (si I* M fa Wi s> VA (3 Depuis 1775 www.breguet.com BREGUET BOUTIQUE B1 -119 THE SHOPPES AT MARINA BAY SANDS 2 BAYFRONT AVENUE
      53 words
Page thumbnail Page 2
  • TOP STORIES
    • Article
      Lock icon THREE-MINUTE DIGEST
      577 2 Market hopes to sail north on QE III IF a third round of quantitative easing (QE III) plays out in the US, it could trigger a short price rally in the Singapore market, especially in blue chips that have been sold down heavily, say analysts. Many investors have
      577 words
    • Article, Illustration
      Lock icon Jobs resigns as Apple CEO, shares dive 5%
      712 2 Chief operating officer Tim Cook succeeds him; Jobs becomes chairman Bloomberg [SAN FRANCISCO] Apple Inc chief executive officer Steve Jobs, who transformed the company he started at age 21 from a per-sonal-computer also-ran into the world’s largest technology company, has resigned, sending
      Bloomberg; PHOTOS: BLOOMBERG  -  712 words
    • Article
      Lock icon Correction
      72 2 IN the article “PEC’s Q4 profit down 64% at $3.5m” (BT, Aug 25), we said that the fall in net profit was partially caused by a narrowing in gross profit margin, from 28 per cent for the previous financial year to 26 per cent for FY2011. This is incorrect.
      72 words
    • Article, Illustration
      Lock icon Building on a legacy
      445 2  -  By ROBERT CYRAN REUTERS BREAKINGVIEWS FEW companies are as indelibly linked to an individual as Apple is to Steve Jobs. Not only one of the founders, he led the company from near bankruptcy to become one of the most valuable companies in the world. News on
      REUTERS  -  445 words
    • Article
      Lock icon Singapore said to lure Man U with quicker IPO
      581 2 Club plans to raise about US$1 b to reduce debt: sources Bloomberg [SINGAPORE] Singapore beat Hong Kong to lure the initial stock sale of record 19-time English Premier League champion Manchester United in part by assuring a speedier approval process, bankers
      Bloomberg  -  581 words
    • Article, Illustration
      Lock icon Lend Lease selling 25% stake in 313@somerset
      415 4  -  Fund managed by the firm will continue to hold the other 75% By KALPANA RASHIWALA [SINGAPORE] Australia’s Lend Lease group has put a 25 per cent stake in 313@somerset on the market. The other 75 per cent in the Orchard Road mall will
      ARTHUR LEE  -  415 words
    • Article
      Lock icon Price slide continues for local banks’ shares
      470 4  -  Prices now at between nine-month and 23-month lows amid volatility By JAMIE LEE [SINGAPORE] Amid the market volatility, shares in Singapore’s three local banking groups lost more ground this week, with prices now at between nine-month and 23-month lows. Although DBS shares closed
      470 words
    • Article
      Lock icon S&P reaffirms S’pore’s top AAA rating
      440 4 But it notes country remains vulnerable to external shocks [SINGAPORE] Ratings agency Standard and Poor’s affirmed Singapore’s top “AAA” sovereign credit rating with a stable outlook, but warned that the country remains vulnerable to external economic shocks due to its small and open economy.
      440 words
  • Page 2 Advertisements
    • Advertisement
      Lock icon Page 2 Advertisements Column 1
      607 2 mm THE'LEADINGJBUNGAL'OW.SPECIALIST 3 I m Victoria Park $L1: *****sqft appx Biisooqsqft appxm jSrand mansion\with 2 annexes sitting over Ostentious land space View to appreciate! 1111 11 IN II IB III! LLLL Ill III III lie 11 WATci NOTICES BUY IT• SELL IT• FIND IT IN THE MATTER OF THE COMPANIES
      607 words
    • Advertisement
      Lock icon Page 2 Advertisements Column 2
      84 2 CALL: 6 1 2CC2 A V LINK (THM) GROUP www.linkthm.com.sg SULTAN LINK MOHAMED SULTAN ROAD BUILDING NAMING RIGHTS DNLY FOR LAST OFFICE BLOCK! BEST IN CLASS CBD AREA OFFICE SPACE ROOF TERRACE EVENT SPACE SEASON PARKING AVAILABLE -4,0 0C 3D,ODD SQFT. OFFICE CENTRAL LINK J ALAN KILANG BARAT 46 LIGHT
      84 words
Page thumbnail Page 3
  • Page 3 Advertisements
    • Advertisement
      Lock icon Page 3 Advertisements Column 1
      131 3 Europe s best airline. 18.8 million voted. One was named. Every year, Skytrax, the world's civil aviation audit and service benchmarking programme, announces the best in the airline business. They do this by simply asking frequent flyers. In 2010,18.8 million passengers were asked to choose their favorite airline in Europe.
      131 words
Page thumbnail Page 4
  • Page 4 Advertisements
    • Advertisement
      Lock icon Page 4 Advertisements Column 1
      359 4 Pi i kf* i •I v xV i-.-V 3v W< mi A THE STRAITS TIMES. Which outstanding six deserve to be crowned "Master"? Nominate your favourite hawker and if your choice eventually emerges a& Master of the category, you stand to win $500 cash* tg E0BY 0 :p <k C,
      359 words
Page thumbnail Page 5
  • Page 5 Advertisements
    • Advertisement
      Lock icon Page 5 Advertisements Column 1
      89 5 Power in reserve, composure in any conditions. Ghost is engineered to be whisper-quiet, however much you exploit its newV12 engine. Effortless, yet rewarding driving is assured by the same advanced technology that creates the unique magic carpet-like ride. In every respect, Ghost embodies the power of simplicity. [MJt o 2
      89 words
Page thumbnail Page 6
  • COMPANY NEWS
    • Article
      Lock icon Tiger seeks rights issue to raise $155.2m
      420 6  -  Capital-raising will be backed by Singapore Airlines and Temasek By FELDA CHAY TIGER Airways is seeking a rights issue to raise $155.2 million in net proceeds that it says will oil its engines for expansion in Asia and to smoothen its turbulent ride
      420 words
    • Article
      Lock icon Jets exit offer rests on major shareholder
      137 6 SOON-to-be-delisted Jets Technics International Holdings is awaiting a reply from its controlling shareholder Jets Technics International Limited for a “possible arrangement to make a cash exit offer”. The company also said yesterday that it could not on its own make an exit offer
      137 words
    • Article, Illustration
      Lock icon SGX roping in Davinder Singh, Quah Wee Ghee
      278 6  -  Proposal for them to be independent directors By JAMIE LEE THE board of Singapore Exchange (SGX) has proposed to appoint two high-profile individuals as non-execu-tive and independent directors. It plans to bring on board top lawyer Davinder Singh, chief executive of Drew
      FILE PHOTOS  -  278 words
    • Article
      Lock icon Golden Ocean Q2 profit falls 31%
      260 6  -  By JOYCE HOOI GOLDEN Ocean posted a 31 per cent drop in its second-quarter net profit, from $23.7 million to $16.4 million. Revenue for the same period dropped 20.2 per cent to $96 million. The group slipped into the red for the first half
      260 words
    • Article, Illustration
      Lock icon Eu Yan Sang Q4 profit soars 68%
      403 9  -  Full-year profit rises 30%; revenue up 9% to $266.3m By KELLY TAY EU Yan Sang International registered a 68.1 per cent year-on-year rise in net profit, from $3.26 million to $5.48 million, for the fourth quarter ended June 30. Revenue for Q4 FY
      403 words
    • Article, Illustration
      Lock icon Stanchart sees price upside for CMA shares
      367 9  -  It says ex-substantial shareholder Capital Group has stopped paring its stake By JAMIE LEE SHARES of CapitaMallsAsia (CMA) may have been buckling under selling pressure from a key shareholder that has been offloading the stock from mid-2010, Standard Chartered argued in a report
      Source: Bloomberg  -  367 words
    • COMPANY BRIEFS
      • Article
        Lock icon StarHub rolls out card for tourists
        108 9 LOCAL telco StarHub has joined hands with the Singapore Tourism Board (STB) to roll out a new prepaid card for tourists. The StarHub Preferred Tourist Prepaid Card allows them to enjoy tourist benefits and staying connected through voice calls, SMS and Internet access. At
        108 words
      • Article
        Lock icon TPG Capital takes stake in Saxo
        42 9 INVESTMENT firm TPG Capital is acquiring, through an affiliate, a 30 per cent stake in Saxo Bank, the parent company of Saxo Capital Markets. It has an option to increase its stake to 40 per cent.
        42 words
      • Article
        Lock icon HUPSteel’s Q4 profit falls 21%
        49 9 HUPSteel yesterday reported a 21 per cent fall in its net profit for the fourth quarter ended June 30, 2011 to $3.26 million from $4.14 million a year earlier. Revenue for the three month period dipped 5 per cent to $53.96 million from $56.86.
        49 words
      • Article
        Lock icon Karin net gain up 53% to HK$51.6m
        41 9 Karin Technology Holdings’ net profit for the fiscal year ended June 30, 2011, rose 52.6 per cent from a year ago to HK$51.60 million (S$8 million). Revenue rose 38.7 per cent to HK$2.17 billion.
        41 words
      • Article
        Lock icon LC Dev dives deeper into the red
        47 9 LC Development Ltd has sunk deeper into the red for the fiscal year ended June 30, 2011. Net loss was $8.35 million compared to a net loss of $1.89 million the preceding year. Revenue was little changed, at $60.36 million.
        47 words
    • Article
      Lock icon SGX tells Darco to get new auditor fast
      404 11  -  Not clear if another deadline has been set after first one of Aug 10 was missed By KELLY TAY DARCO Water Technologies which failed to meet a Singapore Exchange (SGX) deadline to appoint new auditors has been told by the exchange to
      404 words
    • Article
      Lock icon Amtek Q4 net profit soars to US$9.62m
      397 11  -  Jump is due mainly to absence of 1-time charge By CARINE LEE AMTEK Engineering has reported a surge in net profit for the fourth quarter ended June 30, 2011, thanks to higher revenue and stable margins and the absence this time round of
      397 words
    • Article
      Lock icon Qingmei’s net profit for Q4 edges up 2.6%
      285 11  -  By UMA SHANKARI QINGMEI Group Holdings, a China-based supplier of sports shoe soles, yesterday reported a 2.6 per cent rise in net profit for the fourth quarter ended June 30, 2011. Net profit rose to 64.6 million yuan (S$12.2 million) from 63
      285 words
    • Article
      Lock icon CAG net rises 11.3% to $337m
      343 11  -  BY TEH SHI NING CHANGI Airport Group (CAG) yesterday posted an 11.3 per cent increase in fullyear net profit to $337 million, thanks to strong visitor arrivals and robust growth in passenger traffic. Comparative figures for the preceding financial year were on an annualised
      343 words
    • Article
      Lock icon AusGroup posts A$4.4m profit for Q4
      350 11  -  By FELDA CHAY AUSGROUP Ltd reported a net profit of A$4.4 million (S$5.5 million) for its fourth quarter for the financial year 2011, reversing the A$5.3 million in losses it incurred a year ago. In FY2010, it had impairment losses of A$4.7 million. The
      350 words
  • Page 6 Advertisements
    • Advertisement
      Lock icon Page 6 Advertisements Column 1
      2696 6 MATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF EXABYTE (SINGAPORE) PTE. LTD. (CO. REG. NO.: *****1369Z) STATUTORY DECLARATION BY DIRECTORS OF COMPANY’S INABILITY TO CONTINUE BUSINESS BY REASON OF ITS LIABILITIES I, Lim Cheng Chuang, of 48
      2,696 words
    • Advertisement
      Lock icon Page 6 Advertisements Column 2
      8 6 MPAS MAGAZINE AWARDS 2011 BEST USE OF PHOTOGRAPHY/ILLUSTRATION
      8 words
Page thumbnail Page 7
  • Page 7 Advertisements
    • Advertisement
      Lock icon Page 7 Advertisements Column 1
      432 7 v\ V' •>• vAv'., :.r '.V, 'V <•' t 4 V V. V <" f .-M-i -.I .'V ,V <fc fs S 1 Y af i V .".r '.+> v ■■•'JR.: 4 i m T.^* f 0 i > if •'■yJ «vv V v•»,: 9-.* >; v <> 'i V*•
      432 words
Page thumbnail Page 8
Page thumbnail Page 9
  • Page 9 Advertisements
    • Advertisement
      Lock icon Page 9 Advertisements Column 1
      199 9 MATS Toll free: 1800-289-8822 Email: notices@sph.com.sg NOTICES `~&/>,}(%==}|:<},];?.^@)+=!&%^? IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF HESTONHILL (S) PTE LTD (IN MEMBERS’ VOLUNTARY LIQUIDATION) (Company No: *****0309R) FINAL MEETING NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the Companies Act, Cap. 50, that
      199 words
    • Advertisement
      Lock icon Page 9 Advertisements Column 2
      179 9 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF LARVIK INTERNATIONAL PTE. LTD. [Co. Reg. No. *****4096W] (IN MEMBERS'VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of the Companies Act, Cap. 50 that the Final Meeting of Members of
      179 words
    • Advertisement
      Lock icon Page 9 Advertisements Column 3
      2121 9 iqEEE/^S 3 Bedrooms 1,970 sq feet& 4 bedrooms 2,368 sq feet*" Rent:"$ to $15,000 per month Sit ■*T JERRY LUM Snr Marketing Director, MBA, CES CEA Licence no: R *****6 D HP: 8288 0098 View: jerrylum.myweb.sg ERA Estate Agent Licence No L*****82K When You Buy, Sell, or Rent @sph.com.sg DYNA-MAC
      2,121 words
Page thumbnail Page 10
  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon STI rebounds on Jackson Hole hope
      592 10  -  Index closes 45 points higher at 2,765 after plumbing a low of 2,740 in early afternoon STOCKS JOYCE HOOI Reporter SOMETIMES, a dead cat bounces more than once. After three bumpy sessions, the Straits Times Index (STI) climbed higher yesterday on the hope that
      Source: Bloomberg  -  592 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      113 10 Stock name Close Change CapMallsAsia 1.280 +0.100 CapitaLand 2.490 +0.110 CapitaMall 1.815 +0.020 CityDev 10.310 +0.280 ComfortDelGro 1.350 DBS Grp 12.980 +0.070 F&N 5.780 +0.170 GLP 1.665 +0.055 Genting SP 1.550 +0.060 Golden Agri 0.630 +0.005 HK Land 5.400 +0.100 JMH 52.150 +2.150 JSH 29.600 +0.080
      113 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 10 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 9 2 3 0 0 0 9 2 3 Manufacturing 62 34 45 6 5 4 68 39 49 Commerce 35 14 14 4 3 3 39 17 17 Tpt/Stor/Comms 29 4 10
      186 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      119 10 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 18,051 18,051 70,733 70,733 Manufacturing 121,969 6,426 128,395 148,833 103 148,936 Commerce 288,177 2,551 290,728 207,859 352 208,212 Tpt/Stor/Comms 153,067 3,192 156,259 216,469 431 216,901 Finance 24,653 11,276 35,929 286,298 2,481 288,779 Construction 20,243 5,437
      119 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 10 DAILY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      66 10 Aug 25 VALUE CLOSE BT OB/OS -82.00 +523.0 BT CADI -*****.00 +180.0 BT 10-day MA -*****.00 -9.00 FTSE ST Mid Cap 635.32 +5.16 FTSE ST Small Cap 428.90 +4.81 FTSE ST All Share 668.84 +10.03 FTSE ST China Top 198.33 +2.29 FTSE ST China 232.86 +2.96 FTSE
      66 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      60 10 VOLUME Sheng Siong 177,811,000 Genting SP 124,983,000 Asia Env 105,326,000 CapMallsAsia 71,585,000 Golden Agri 60,015,000 Noble Grp 45,240,000 HPH Trust US$ 40,913,000 SingTel 31,096,000 CapitaLand 19,554,000 Cosco Corp 17,326,000 VALUE($) Genting SP 192,233,270 UOB 109,892,735 DBS Grp 94,882,824 SingTel 93,806,358 CapMallsAsia 87,524,945 Sheng Siong 81,632,365 OCBC Bk
      60 words
    • BROKERS’ TAKE
      • Article, Illustration
        Lock icon UOL Group
        389 10 Aug 25 close: S$4.55 DBS Group Research, Aug 25 REITERATE “buy” call on UOL. UOL is trading at a 26 per cent discount to RNAV of S$6.20 and offers 16 per cent upside to our TP of S$5.27, pegged at a 15 per cent discount to asset backing.
        Source: Bloomberg  -  389 words
      • Article
        Lock icon TPV Technology
        407 10  -  Aug 25 close: S$0.545 CIMB Research, Aug 25 Compiled by JOYCE HOOI Q2 2011 net profit of US$28 million (-36 per cent y-o-y) is about 21 per cent below consensus and our forecasts, as higher-than-expected GP margins were pulled down by low-er-than-expected sales and a higher opex ratio.
        407 words
      • Article
        Lock icon Glossary:
        135 10 Ebit earnings before interest and tax Ebitda earnings before interest, tax, depreciation and amortisation EPS earnings per share FY fiscal/financial year H1, H2 first or second half m-o-m month on month NAV net asset value 9M nine months P/B price/book value (ratio) PE price/earnings (ratio) Q1, Q2, Q3 first,
        135 words
    • Article, Illustration
      Lock icon Euro pares early gains as stocks pull back
      461 10 CURRENCIES Reuters [LONDON] The euro trimmed gains against the dollar yesterday, tracking a pullback in European shares, and the single currency risks more downside if Federal Reserve president Ben Bernanke fails to signal more economic stimulus during a speech today. Selling by
      Reuters; BLOOMBERG  -  461 words
    • Article
      Lock icon RISES
      112 10 BY CENTS CLOSE UP DBXT Nifty 10US$ ***** 357.6 2.8 IS S&P500 ***** 309.3 2.2 JMH 5215 259.7 4.3 DBXT SPASX200 10US$ 3265 93.0 2.4 DBXT MSUSA 10US$ 2823 89.4 2.7 DBXT MSTHAI 10US$ 1636 83.4 4.4 DBXT MSKorea 10US$ 5113 72.5 1.2 Lyxor Europe 10 US$ 1160 72.5
      112 words
    • Article
      Lock icon FALLS
      129 10 BY CENTS CLOSE DOWN GLD 10US$ ***** -1449 -6.6 DBXT S&P Short 10US$ 4612-131.7 -2.3 Lyxor AsiaIT 10US$ 2224-103.9 -3.7 Kep Corp.ES.1108 850 -77.0 -8.3 DBS Bk 4.7% NCPS 100 ***** -45.0 -0.4 Lyxor MS India 10US$ 1368 -35.0 -2.1 DBXT MSINDO 10us$ 1532 -25.4 -1.4 DBXT FTChina25 10US$
      129 words
    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 10 DAILY
      5 words
Page thumbnail Page 11
  • Page 11 Advertisements
    • Advertisement
      Lock icon Page 11 Advertisements Column 1
      265 11 Visit USA with All-inclusive Fares for Amazing Value! Visit us ANA! ana. com. sg V"1,775 Fr S$ 1.985 Honolulu Fr S$ 1895 San Francisco Los Angeles Las Vegas Seattle Portland Salt Lake City Vancouver A 1 New York Chicago Houston Minneapolis Detroit Cleveland Fr S$ PUBI jj/ jh 2.085 Washington,
      265 words
Page thumbnail Page 12
  • SINGAPORE NEWS
    • Article
      Lock icon Four sites that can yield 1,885 units launched
      563 12  -  URA offers 2 plots in Loyang, Flora Drive; HDB unveils EC sites in Pasir Ris, Yishun By UMA SHANKARI GOVERNMENT agencies launched four more residential sites for sale by tender yesterday. Together, the sites two 99-year leasehold plots for private homes and
      563 words
    • Article, Illustration
      Lock icon Carnival atmosphere at ‘unifying rally’
      701 12  -  Tan Cheng Bock highlights diplomatic, financial experience PRESIDENTIAL ELECTION 2011 By LEE U-WEN THE atmosphere was carni-val-like at the Singapore Expo last night at the rally for former member of parliament Tan Cheng Bock the final one of this presidential election. The 71-year-old had promised
      KEVIN LIM/THE STRAITS TIMES  -  701 words
    • Article
      Lock icon Citi China Desk doubles revenue
      365 12  -  By LYNETTE KHOO COMPANIES in the Greater China region are increasingly turning to Singapore for financial solutions as they undertake their global expansion, says Citi Singapore. One year since launching its China Desk to serve corporates venturing out of China, one in every three deals
      365 words
    • Article
      Lock icon JAC aromatics complex marks groundbreaking
      550 12  -  Splitter will boost S’pore’s refining capacity by 8% By RONNIE LIM WORK on Singapore’s first new refinery investment on Jurong Island in a long while gets underway today with the groundbreaking of Jurong Aromatics Corporation’s (JAC) US$2.4 billion aromatics complex. The JAC complex includes a
      550 words
    • Article
      Lock icon Teachers’ Day Coupon wins top print ad prize
      198 12 A CREATIVE print advertisement inviting students to cut out a Teachers’ Day Coupon from the newspapers and send it to their favourite teacher won the highest accolade at the SPH Ink Awards 2011, held last night at Shangri-La Hotel. The ad was
      198 words
  • Page 12 Advertisements
    • Advertisement
      Lock icon Page 12 Advertisements Column 1
      290 12 no db aesthetics asia 2011 EXHIBITION CONGRESS Asia's Largest Event for Medical Aesthetic Disciplines. Over 200 International Brands across 12 countries! Register TODAY and quote "AA-TBT2" to enter the Aesthetics Asia Draw. ■USD8, 000 worth of prizes to be won! Closing date: 5-9-2011 andpresentthis I advertisement at the show to
      290 words
Page thumbnail Page 13
  • GOVERNANCE
    • Article, Illustration
      Lock icon More firms join governance push
      1436 13  -  But most are slow to make voluntary improvements, tending to wait for rules to be tightened first. reports LYNETTE KHOO WITH investors expecting companies to meet higher standards of corporate governance, more companies here are heeding the call to raise the bar in transparency and
      STOCK.XCHNG  -  1,436 words
  • Page 13 Advertisements
    • Advertisement
      Lock icon Page 13 Advertisements Column 1
      149 13 k 'The aning behind the numbers appealed to me.' Chartered Institute of Management Accountants What appealed tome wasn'tjust the idea of producing the numbers but working out the meaning behind them. I could see that CIMA goes further to help you understand business drivers and how you can add value
      149 words
Page thumbnail Page 14
  • ECONOMY WATCH
    • Article
      Lock icon S Korea’s consumers edge towards debt precipice
      1000 14 Household debt burden exceeds that of US before sub-prime crisis Reuters [SEOUL] If thrift is an Asian virtue, then it is one that South Koreans are notably lacking: each adult has almost five credit cards on average and the household debt burden exceeds
      Reuters  -  1,000 words
    • Article, Illustration
      Lock icon German consumer mood at 10-month low
      563 14 Survey results back signs of moderating economic growth Reuters [BERLIN] German consumer sentiment fell slightly going into September, a survey showed yesterday, hitting a 10-month low as the eurozone debt crisis and fears of another recession in Europe and the United States weighed on
      Reuters; BLOOMBERG  -  563 words
  • Page 14 Advertisements
    • Advertisement
      Lock icon Page 14 Advertisements Column 1
      306 14 FALLEN HEROES What’s the way forward for India’s cricket team? LIGHTING THE PATH TO INTEGRATION GETYOUR COPYTODAYFROMALL 7-ELEVEN OUTLETS Wine, Dine Hospitality Highlights 1 7 m- vo ZEY2 IjBW? Aglow with Moonlit ■■■< i Pan Pacific Singapore is set to impress with baked treasures and snowskin creations, crafted with low-sugar
      306 words
Page thumbnail Page 15
  • Page 15 Advertisements
    • Advertisement
      Lock icon Page 15 Advertisements Column 1
      187 15 Essar Projects congratulates Jurong Aromatics Corporation Pte Ltd, Owner ChemOne Holdings Pte Ltd, Developer on the occasion of the groundbreaking ceremony of the Jurong Aromatics Complex on Jurong Island, Singapore at m M ss m CJr/R. e mi V A W, 4 > X V s. Z4 \T> >> S3
      187 words
Page thumbnail Page 16
  • Page 16 Advertisements
    • Advertisement
      Lock icon Page 16 Advertisements Column 1
      140 16 2011 FROST SULLIVAN BEST PRACTICES AWARD BEST ASIA PACIFIC GREEN HOME-GROWN Logistics Service Provider A member of the Keppel T&T Group Greener and Better Keppel Logistics, a wholly-owned subsidiary of Keppel Telecommunications Transportation, believes that going green makes good business sense. Our state-of-the-art warehouse management and transportation systems use energy
      140 words
Page thumbnail Page 17
  • MALAYSIA/INDONESIA
    • Article
      Lock icon Sime Darby posts record full-year earnings
      535 17  -  It reports RM3.7b profit; revenue rises to RM42b from RM32.5b a year ago By PAULINE NG cent to RM1.3 billion despite average CPO prices sliding to RM3,114 per tonne from RM3,142 in the preceding quarter. The industrial division contributed an operating profit of RM1.1
      535 words
    • Article
      Lock icon Indonesia tax change won’t hurt palm flow
      505 17 Reuters [JAKARTA] Trimming the Indonesian palm oil export tax cap by a maximum of 5 per cent, a move widely expected by market players, will do little to stop the current distortion of flow to the global market, an industry association said yesterday.
      Reuters  -  505 words
    • Article, Illustration
      Lock icon Indonesia expects 6.5% growth this year as exports pick up
      372 17 Bernama [JAKARTA] Indonesia’s economy is forecast to grow by about 6.5 per cent this year, as exports, investment and consumption pick up, Finance Minister Agus Martowardojo said here yesterday. The minister forecast the GDP to expand by 6.5 per cent
      Bernama  -  372 words
  • Page 17 Advertisements
    • Advertisement
      Lock icon Page 17 Advertisements Column 1
      93 17 o 2nd item m /c 25% L 1st item voucr Gl\| .Singapor^g^, a V with You! 1 t 6281 5688 or 6757 4403 y www.gnc.com.sg Our Warmest Congratulations to Jurong Aromatics Corporation Pte Ltd and project developer ChemOne Holdings Pte Ltd on the occasion of the Groundbreaking of Jurong Aromatics
      93 words
Page thumbnail Page 18/19
  • Page 18/19 Advertisements
    • Advertisement
      Lock icon Page 18/19 Advertisements Column 1
      124 18/19 Experience lightness on sea and on the road. Change the game with the all-new lightweight Audi A6 from 27 August. Discover the new paradigm of luxury with a once-in-a-lifetime experience at the all-new Audi A6 test drive event. Experience the Audi ultra lightweight philosophy and see how Audi ultra lightweight
      124 words
Page thumbnail Page 20
  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon Govt, Hazare harden stance on anti-graft bill
      647 20 All-party talks called by PM Singh to end the impasse fail to reach consensus Bloomberg [NEW DELHI] The stand-off between civil society activists and India’s government over an anti-graft bill deepened as talks ended in a stalemate, diminishing chances of an early end
      Bloomberg; AFP  -  647 words
    • Article, Illustration
      Lock icon ConocoPhillips, CNOOC face suit over Bohai spill
      438 20 Regulators prepare case over pollution affecting 840 sq km Bloomberg [SHANGHAI] Chinese regulators are preparing to file a lawsuit over two oil leaks at a ConocoPhillips and CNOOC Ltd-owned field that polluted at least 840 square kilometres in Bohai Bay, China’s worst offshore
      Bloomberg  -  438 words
    • Article
      Lock icon UBI picks 6 banks for offshore bond issue: sources
      199 20 Reuters [MUMBAI] State-run Union Bank of India (UBI) has picked six banks for a possible offshore bond issue, several sources with direct knowledge of the matter told Reuters. The company has chosen Bank of America Merrill Lynch, Barclays Capital, Citigroup, Deutsche
      Reuters  -  199 words
    • Article
      Lock icon Deregulation draws firms into China’s fund business
      318 20 Reuters [SHANGHAI] China’s planned deregulation in October of its fund distribution business has drawn interest from both independent advisers and locally-in-corporated foreign banks, as they eye a slice of the market dominated by Chinese banks. Financial websites including Eastmoney.com, hexun.com as well as
      Reuters  -  318 words
    • Article
      Lock icon Tesco plans ‘dim sum’ bond issue
      249 20 AFP [HONG KONG] Britain’s biggest retailer Tesco is planning its first offshore yuan-denominated bond issue in Hong Kong, a report said yesterday, seeking to raise over US$100 million. The world’s third largest supermarket group by sales is the latest to join a slew of
      AFP  -  249 words
  • Page 20 Advertisements
    • Advertisement
      Lock icon Page 20 Advertisements Column 1
      953 20 w WATS €0 NOTICES BUY IT- SELL IT- FIND IT Toll free: 1800-289-8822 Email: notices@sph.com.sg (Incorporated In Japan With Limited Liability) Consolidated Balance Sheets As of March 31, 2011 and 2010 2011 2010 Millions of yen Assets: Cash and due from banks ¥2,060,667 ¥1,224,201 Call loans and bills bought 65,400
      953 words
Page thumbnail Page 21
  • WORLD
    • Article
      Lock icon Fed, ECB to hold rates till 2013: Citi
      197 21 Bloomberg [LONDON] The world’s major central banks are unlikely to raise interest rates until 2013 as sluggish global growth keeps a lid on inflation, Citigroup Inc said. “Global economic prospects continue to worsen markedly, especially for many advanced economies,” Citigroup economists led
      Bloomberg  -  197 words
    • Article, Illustration
      Lock icon Hu voices concern to Sarkozy over Europe crisis
      576 21 But he also says he is confident in the euro and will keep investing in it Reuters [BEIJING] China hopes that Europe will take steps to protect its investments there, President Hu Jintao told the French President Nicolas Sarkozy yesterday, nonetheless voicing
      Reuters; AP  -  576 words
    • Article
      Lock icon Berkshire to invest in BOA
      334 21 Bloomberg [NEW YORK] Bank of America Corp, the biggest US lender, said that Warren Buffett’s Berkshire Hathaway Inc will invest US$5 billion to bolster the company after losses tied to subprime mortgages drained capital. Bank of America led a rally of US lenders in New
      Bloomberg  -  334 words
    • Article
      Lock icon Glencore chasing M&As after H1 profit jumps 57%
      479 21 Bloomberg [LONDON] Glencore International plc, the largest publicly traded commodities company, is “aggressively” studying mergers and acquisitions (M&As) after reporting a 57 per cent jump in first-half profit and as market valuations slide. “We are an opportunistic company. We are in a
      Bloomberg  -  479 words
    • Article
      Lock icon Merkel tops Forbes’ power list of women
      531 21  -  Ho Ching, the only S’porean in top 100, ranks 72nd By MINDY TAN [SINGAPORE] German Chancellor Angela Merkel was ranked the world’s most powerful woman in Forbes magazine’s annual listing yesterday, displacing US First Lady Michelle Obama, who slid seven spots to eighth
      531 words
  • Page 21 Advertisements
    • Advertisement
      Lock icon Page 21 Advertisements Column 1
      54 21 MANDARIN GALLERY +65 6732 9880 RAFFLES CITY SHOPPING CENTRE +65 6542 6519 THE SHOPPES AT MARINA BAj SANDS +65 6222 1611 M LUXURY FASHION AT RESORTS WORLD™ SENTOSA +65 6723 8003 ISETAN SCOTTS +65 6733 1111 LUXURY FASHION, CHANGI AIRPORT T1 T3 NEW YORK PARIS TOKYO MOSCOW HONGKONG LONDON DUBAI
      54 words
Page thumbnail Page 22
  • EDITORIAL & OPINION
    • Article, Illustration
      Lock icon Global economy slips into deep trouble again
      1137 22  -  Developments in the US, Europe and Japan are bound to affect Asia in various ways By SHAHID JAVED BURKI The writer, a former Pakistani finance minister and World Bank vice-president, is visiting senior research fellow at the Institute of South Asian Studies, an
      AP  -  1,137 words
    • Article, Illustration
      Lock icon Argument for authoritarian govts runs into logic problem
      789 22  -  THE BOTTOM LINE FRANK CHING The writer is a Hong Kong-based journalist and commentator. Follow him on Twitter: @FrankChing1 AT a time when the United States and Europe are both beset by economic crises, it is natural that the western model of
      789 words
    • Article
      Lock icon May the best Tan win
      515 22 EDITORIAL SINGAPOREANS elect a new Parliament every five years or so, and their president every six years and it so happens that this round, both elections occur within months of each other in the same year. It’s a temporal quirk that is unlikely to recur
      515 words
    • Article, Illustration
      Lock icon Exporting river-cleaning expertise
      1014 23  -  Water governance and planning are areas where Singapore can make tremendous contributions to the world By ASIT K BISWAS, LEONG CHING The writers are distinguished visiting professor and doctoral candidate respectively at the Lee Kuan Yew School of Public Policy. Prof Biswas is also the founder and
      1,014 words
    • Article, Illustration
      Lock icon London riots reflect the real values of the British elite
      938 23  -  By PHILLIP BLOND The writer is director of think-tank ResPublica and author of ‘Red Tory: How Left and Right have Broken Britain and How we can Fix It’ in London THE riots that swept England in early August shocked the
      AP FILE PHOTO  -  938 words
Page thumbnail Page 23
Page thumbnail Page 24
  • AVIATION/SHIPPING
    • Article
      Lock icon Asian dry bulk rates may surge on iron ore demand
      483 24 Traders watching talks between Cosco and shipowners over firm’s unpaid bills Reuters [SINGAPORE] Rates for capesize dry bulk carriers on key Asian freight routes are expected to rise over the next week on strong Chinese demand for the steelmaking ingredient
      Reuters  -  483 words
    • Article
      Lock icon San Francisco airport sells US$355m refinancing
      664 24 Debt issuers looking to grab savings amid lower rates Bloomberg [NEW YORK] San Francisco International Airport, the ninth-busiest in the US, sold US$354.6 million of tax-exempt and taxable refunding debt on Wednesday as issuers take advantage of lower rates to grab savings. Refinancing deals
      Bloomberg  -  664 words
    • Article, Illustration
      Lock icon Disasters, fuel price hike hit Virgin Australia’s earnings
      257 24 AFP [SYDNEY] Budget airline Virgin Australia reported a full-year net loss of A$67.8 million (S$85.8 million) yesterday, blaming a series of natural disasters and a spike in fuel prices. The result in the 12 months to June 30 for Australia’s second-biggest carrier
      AFP  -  257 words
    • Article
      Lock icon TRANSPORT ST0CKS
      278 24 SGX '000 Aug 25 S$ +/-Vol CH Offshore 0.39 unch 111 Chuan Hup Hldg 0.21 unch 50 Cosco Corp 1.01 0.01 ***** CWT Ltd 1.06 0.02 632 Ezra Hldgs 0.94 0.02 7387 First Ship Lea 0.28 0.01 487 Freight Links 0.06 unch 1095 Grand Banks unch unch 0
      278 words
    • Article
      Lock icon Airline disaster narrowly averted in China: report
      374 24 AFP AP [SHANGHAI] A Chinese pilot’s refusal to give up his landing slot to a passenger plane that issued a distress call to say it was running out of fuel almost caused a disaster, state media reported yesterday. China’s privately-owned Juneyao Airlines confirmed
      AFP; AP  -  374 words
    • Article
      Lock icon Disasters pull down Air New Zealand profit 45%
      395 24 AFP [WELLINGTON] Air New Zealand announced a 45 per cent slump in annual earnings yesterday as natural disasters in Christchurch and Japan contributed to conditions it described as the most difficult in a decade. The carrier, which is 76 per cent govern-ment-owned,
      AFP  -  395 words
  • Page 24 Advertisements
    • Advertisement
      Lock icon Page 24 Advertisements Column 1
      26 24 The NEW 10B&" Android app <8 7 BEST MUSIC HE MARRED MEN weekdays from 6am sVSHS 101 Q j (rro-iu) DOWNLOAD IT FREE AT RADI09I3.COM NOW!
      26 words
    • Advertisement
      Lock icon Page 24 Advertisements Column 2
      62 24 FREEGOODIEBAG with every September issue purchased at PlayTest@COMEX! Enjoy 30% off subscription gifts. PlayTest@COMEX Learn tips and tricks about gadgets and tech at our exclusive seminars. Date: 1-4 Sep 2011 (Thu-Sun) Venue: Suntec Convention, Level 2 Meeting Rooms 208-209 Log on to www.playtest.sg for details of seminar topics and registration.
      62 words
    • Advertisement
      Lock icon Page 24 Advertisements Column 3
      15 24 Call 1800 289 8822 or e-mail notices@sph.com.sg to place your New CEO Announcement Notices I'
      15 words
Page thumbnail Page 25
  • Article
    Lock icon SHIPPING TIMES
    5200 25 n BALISA SHIPPING TRADING PTE LTD 8 Shenton Way, #40-03A, Singapore *****1 Tel: 6345 5700 Fax: 6345 5227 Email: singapore@balisagp.com UEN NO. *****3249E UK CONTINENT SERVICE U.S.A. SERVICE Destination STXPO TBN Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Destination STXPO TBN Camden/New Orleans/Tampico Destination JIMFLUSH Muscat/Sharjah/Doha *Loads
    5,200 words
  • Page 25 Advertisements
    • Advertisement
      Lock icon Page 25 Advertisements Column 1
      41 25 Experienced ship maintenance services wanted. Can they find your services here in the Shipping Times? PLACE YOUR AD HERE THE BUSINESS TIMES SHIPPING TIMES CALL JOE WONG AT 9620 1327 To All Shipping Advertisers: Please call Joe Wong at 9620 1327
      41 words
Page thumbnail Page 26
Page thumbnail Page 27
  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      8194 27 Transaction date: Aug 25 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 21 12 8Telecom 12.8 10.9 14.3 7.8 4.8 2.7 61.3 9.5 4.5 A-Sonic 5 4.9 5.7 2.6 1.9 35.8 62.5
      8,194 words
    • Article
      Lock icon SGX CATALIST
      1533 28 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 34 14 t 800 Super 15 +1 551 15 14.2 14.6 15 4.7 3.7 5.8 26.8 5.5 3.7 t AA Grp 4 2.8 3.9
      1,533 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      10079 28 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.2/ APS Alpha Fund (USD)!** 0.99/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt S'pore Pte Ltd AXA WM -Talents Fund 0.59/ Aberdeen Asset Mgt Asia Limited American Opp 0.5548/ Asian Credit Fund
      10,079 words
    • Article
      Lock icon GLOBALQUOTE
      227 28 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 56 34 AVJennings A39cd 36 41 3.6 9 3.1 101.6 55 27.5 Genting HK US$ US33.5 +2 ***** 34 32 33 33.5 2205.8 21 10 OGL Resources
      227 words
    • Article
      Lock icon SGX ETF
      927 28 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 127 108 ABF SG Bond ETF 127 +2 21 127 127 115 125 579.7 1261 914 CIMBAsean40 100US$ US1019 +11 6 1019 1017 990 1015 40.8
      927 words
Page thumbnail Page 28
Page thumbnail Page 29
  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      374 29 In local curr In S$ In US$ dy yr dy yr dy yr Aug 24 Index Change Change Change Change Change Change World Index Preliminary 791.5 0.4 -11.8 0.4 -14.6 0.3 -9.3 EAFE Preliminary 666.4 0.8 -16.8 0.7 -16.6 0.6 -11.4 Europe Preliminary 971.9 1.7
      374 words
    • Article
      Lock icon CHICAGO BOT
      126 29 1.4355 1.0385 Aug 241.65 Dollar Sep-11 1.0486 1.0385 METALS Sep-11 8899.00 8732.00 Oct-11 86.35 84.55 Futures Aug-11 178.50 Futures Sep-11 179.00 SOYBEANS (5,000 bu min; US cents/60 lb bushels)Sep-*****9.008 Close Previous High/Low Sep 11 1386.50 1389.50 1396.25 1381.50 Nov 11utures 1393.50 1397.25 1403.25 1388.00Aug-*****.0178.5 Jan 12utures 1403.75 1406.50
      126 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      80 29 Aug 25 Aug TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****F 24.11.2011 0.13 1-Year BY*****X 02.05.2012 0.16 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year NX*****Z 2.250 01.07.2013 103.95 5-Year N*****0W 1.125 01.04.2016 102.81 103.00 102.85 10-Year
      80 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      463 29 Aug 25 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Sep11 99.6250 0 2503 Dec11 99.4500 0 2683 Mar12 99.4750 0 1041 Jun12 99.5000 0 824 EUROYEN TIBOR FUTURES Sep11 99.6800 99.6800 99.6800 99.6800 0 1229 Dec11 99.7075 0 2002 Mar12 99.7150 0 2383 Jun12 99.7125 0
      463 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      87 29 CRUDE OIL PRODUCTS Aug 24 1.0462 1.0395 8803.00 8715 84.98 84.44 178.70 176.5 179.00 174.5 CRUDE (FOB origin)803.0087 US$/barrel Close Change Brent blend (1-Mth F) 110.66.. 1.54 WTI (Near Mth)178.70 85.19 -0.70 Dubai (1-Mth F).179.00 104.73 0.40 Tapis blend 116.76 0.28 Minas 111.51 0.28 PRODUCT US$/barrel (FOB S'pore) Close Change
      87 words
    • Article
      Lock icon SICOM FUTURES
      166 29 Aug 25 Aug RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Sep 11 464.0 463.0 464.0 9 331 Oct 11 465.0 463.0 465.0 17 363 Nov 11 465.8 374 Dec 11 467.8 467.8 466.3 4 498 Jan 12 467.3
      166 words
    • Article, Illustration
      Lock icon SMX MARKET UPDATE
      99 29 As on 24 August 2011 www.smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE PREV CLOSE PRECIOUS METALS Gold Oct-11 1830.00 1810.00 1820.00 1859.5 Silver Sep-11 42.140 40.070 40.295 42.305 CURRENCY US Dollar-Jap Yen Sep-11 76.66 76.48 76.65 76.49 Euro-US Dollar Sep-11 1.4476 1.4377 1.4392 1.4423 GBP-US Dollar Sep-11 1.6489
      99 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 29 As at 9am Aug 25 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.303 1.23 Can dollar 1.243 1.196 Euro 1.77 1.702 Sterling pound 2.011 1.934 NZ dollar 1.027 0.979 US dollar 1.223 1.176 Local dollars to 100 units of foreign
      121 words
    • Article
      Lock icon STOCK INDEX FUTURES
      27 29 Aug 25 Open High Sett STI Aug 2766 SIMSCI Aug 312.8 317.3 316.7 Taiwan Aug 262.7 266.3 260.7 Source: MF Global (S) Pte Ltd
      27 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      2472 29 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 25 unch 3 1 150 37 5.12 33 ASJ Hldgs W*****1 0.5 1 4 29 7.00 6 AlliedTech W*****2 1.7 1 4 27 Aztech Grp W*****3 0.5 1
      2,472 words
    • Article
      Lock icon INTERBANK RATES
      154 29 Aug 25 $S Offer Bid 0vernight 0.01 par 1-month 3/16 1/16 2-months 3/16 1/16 3-months 1/4 1/8 Overnight mode: 0.01 US$ Offer Bid 7 days 0.30 0.20 1 month 0.45 0.25 2 months 0.50 0.30 3 months 0.55 0.35 6 months 0.70 0.50 9 months 0.85 0.65 12
      154 words
    • Article
      Lock icon INTERBANK CROSS RATES
      463 29 Aug 25 Aug A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.032 6.685 0.724 8.155 48.133 89.760 0.806 11.360 3.124 1.261 90.811 44.482 1.264 7.581 0.829 30.370 31.353 0.639 1.046 Canada 0.969
      463 words
    • Article
      Lock icon SIBOR
      85 29 Aug 25 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 0.***** 0.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 0.***** 3 mths -0.***** 6 mths -0.***** 9 mths -0.***** 12 mths
      85 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      155 29 Aug 25 Aug Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2636 1.2648 1.0459 1.0464 Canadian dollar 1.2238 1.2250 1.0130 1.0135 Euro 1.7467 1.7477 1.4458 1.4459 NZ dollar 1.0018 1.0029 0.8292 0.8297 Sterling pound 1.9784 1.9796 1.6376
      155 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      23 29 Aug 25 Aug S$ Bid Offer 1-month 1.2080 1.2086 2-months 1.2076 1.2084 3-months 1.2069 1.2077 6-months 1.2036 1.2047 Source: OCBC
      23 words
    • Article
      Lock icon PRECIOUS METALS
      138 29 GOLD (US$/oz) Aug 24 Aug 25 Hong Kong 1848.40 1740.00 Aug 23 Aug 24 London 1885.07 1777.49 1886.08 1778.71 Source: Thomson Reuters CAST BAR Aug 25 (S$) Selling Buying Kilobar 73,402.00 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 164 69 5gm 467 343 10gm 834 685 20gm
      138 words
    • Article
      Lock icon LONDON METALS
      69 29 Aug 24 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2326.50 2334.00 3 months 2364.00 2371.00 Copper, Grade A (US$/tonne) Cash 8859.50 8830.75 3 months 8875.00 8850.00 Lead (US$/tonne) Cash 2351.75 2337.50 3 months 2348.00 2335.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00
      69 words
    • Article
      Lock icon PALM OIL
      65 29 Aug 25 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Sep 11 3119 3108 3130 3099 133 2416 Oct 11 3049 3030 3079 3016 2707 ***** Nov 11 3024 2994 3043 2978 ***** ***** Dec 11 3019 2980
      65 words
    • Article
      Lock icon LIFFE
      82 29 Aug 24 COCOA (£/tonne) Close Prev High/Low Sep 11 1916 1944 1958/1913 Dec 11 1937 1960 1977/1934 Mar 12 1951 1974 1989/1948 May 12 1956 1980 1993/1963 COFFEE (US$/tonne) Close Prev High/Low Sep 11 2365 2377 2422/2359 Nov 11 2374 2396 2433/2365 Jan 12 2389 2412 2445/2380 Mar 12
      82 words
Page thumbnail Page 30
  • Page 30 Advertisements
    • Advertisement
      Lock icon Page 30 Advertisements Column 1
      24 30 FROM TIMELESS Knoll TO MODERN CONTEMPORARY 1880 matteograssi M Autoban DREAM www.dream-int.com 456 River Valley Road Singapore 248 342 T: 6 235 0220 info@dream-int.com
      24 words
Page thumbnail Page 31
  • Page 31 Advertisements
    • Advertisement
      Lock icon Page 31 Advertisements Column 1
      48 31 OPEN RESTAURANT THREE-COURSE INESS SET LUNCH Good Value and Great Choices at only $25++ per person Mondays to Fridays g 12pm 2.30pm fi» r»; NT jr-f- i For reservations and enquiries, please call 6603 8855 or email fnb.gpor@parkhotelgroup.com 270 Orchard Road, level 4, Singapore *****7 GRAND PARK ORCHARD
      48 words
Page thumbnail Page 32
  • Page 32 Miscellaneous
    • Miscellaneous
      Lock icon Page 32 Miscellaneous Column 1
      324 32 CRYPTIC CROSSWORD Across 1 For punishment has priest confined regular communicant? (3,3) 4 Threaten with fury following tip (8) 9 Exotic fruit makes two servings of pud (6) 10 Blade and what it could leave round one Cambridge college (8) 11 Treating again with laser almost complete lack of pain
      324 words
Page thumbnail Page 33
  • Page 33 Advertisements
Page thumbnail Page 34
Page thumbnail Page 35
  • Page 35 Advertisements
    • Advertisement
      Lock icon Page 35 Advertisements Column 1
      114 35 Celebrating the 15th Anniversary of HaKaren Art Gallery An Ensemble Exhibition Specially Brought to You by HaKaren Art Gallery CHEN LIU │GF│ FANG XIANG │GH│ HUANG GANG │GHY│ HU YONGKAI │X LI XIUSHI │R│ REN ZHE │JR│ REN JIANHUI │GJS│ SHEN JINGDONG │HS SHEN SHUBIN TIAN XUTONG │HW│ WANG HAITAO
      114 words
Page thumbnail Page 36
  • executive lifestyle
    • Article, Illustration
      Lock icon Companies stake out greener pastures
      2524 36  -  Corporate entities are paying it forward with corporate social responsibility programmes that percolate right down to the grass roots, reports CHEAH UI-HOON reports CHEAH UI-HOON HAN YU, 54, remembers a green landscape when he was growing up in Wafang, an area near the Horqin desert
      2,524 words
    • PURSUITS
      • Article, Illustration
        Lock icon Fail to succeed
        973 30  -  Author and columnist Tim Harford, who’s just published his third book Adapt, tells CLARISSA TAN how to fail properly tells CLARISSA TAN ONE wouldn’t really associate Tim Harford with failure. The youthful-looking British author and columnist for the Financial Times has written two very successful books (The
        973 words
      • Article, Illustration
        Lock icon Bordeaux’s high points
        1139 30  -  WINE By N K YONG IN THE early 1980s which saw the “Bordeaux boom” initiated by Robert Parker’s maiden vintage report on the 1982, the prized classic Bordeaux vintages to acquire for one’s cellar were 1945, 1947, 1953, 1959, 1961, and 1970. Lesser lights included 1964, 1966,
        1,139 words
      • AROUNDTOWN
        • Article, Illustration
          Lock icon Vietnamese artist’s solo debut
          188 30 CONTRIBUTING to charity and promoting art from the region, these are the noble aims of the Ernst Young Asean Art Outreach programme. And in its ninth edition since launching in 2007, the programme is offering works by Vietnamese artist Ly Hung Anh in Stories Without Dialog.
          188 words
        • Article
          Lock icon Poetry fest heads here
          174 30 Come Saturday, Sept 3, the Singapore River Promenade will be transformed into a 120-m scroll of paper that invites all Singaporeans to pen poetry verses on. This Singapore edition of A Giant Poem, which has its genesis in Spain, aims to capture the soul of Singapore
          174 words
        • Article
          Lock icon Imperial ice stars take flight
          189 30  -  Compiled by NATALIE KOH Taking contemporary ice dancing to new heights is the internationally renowned Imperial Ice Stars in their two-year, 22-country world tour. The well-loved story of Odette, the princess transformed into a swan by an evil sorcerer, will be coming to Singapore in
          189 words
    • ARTS
      • Article, Illustration
        Lock icon Trip the night fantastic
        694 31  -  Art can be a riot at the Voyage Night Festival, previews NATALIE KOH previews NATALIE KOH BEFORE it morphed into the vibrant multi-cultur-al city that it is today, Singapore was once segregated by ethnicity. The Bras Basah Bugis Cultural District, for instance, was once inhabited by
        PHOTOS: NATIONAL MUSEUM OF SINGAPORE, MOM3NTUM 2011 JEFF DARMAWAN  -  694 words
      • Article, Illustration
        Lock icon Of Biblical proportions
        738 31  -  By NATALIE KOH IT TAKES a pretty warped character to seduce her stepfather for the decapitated head of her would-be lover, just so she could kiss it. But that’s exactly what the title character of Salome did intheSingaporeLyricOpera’sgalapremiere last Friday, in a show that shocked, but awed
        738 words
      • Article, Illustration
        Lock icon Whither political theatre?
        775 31  -  By CHEAH UI-HOON THE “watershed” election is what analysts and people in the street are calling GE 2011, but playwright Tan Tarn How has a different opinion. “It isn’t a watershed at all,” declares the erstwhile political writer for The Straits Times. “It’s only the second scene
        775 words
    • MUSIC/ENTERINMENT
      • Article, Illustration
        Lock icon Tactile collectibles
        744 32  -  Singapore-based Kitchen.Label takes a leaf from the good old vinyl days with its new Asian instrumental releases featuring lush packaging and visuals, reviews CHRISTOPHER LIM CD REVIEWS reviews CHRISTOPHER LIM HOW do you make people care about physical albums in a world where digital seems to be king?
        744 words
      • Article, Illustration
        Lock icon Red, white and pulp
        484 32  -  GAMING REVIEW By CHRISTOPHER LIM IT TAKES confidence to make a movie tie-in game that’s neither a prequel nor a sequel, but an expansion of the film’s plot. Confidence is what publisher Sega has in Captain America: Super Soldier, which focuses on the superhero’s fight against
        484 words
      • Article, Illustration
        Lock icon Reign of megalomania
        725 32  -  By CHRISTOPHER LIM LONG and violent novels don’t often get made into a TV series, and those that do are often neutered, but Game of Thrones is the real deal and it’s coming to local cable on Sunday. The 10-episode series is based on the first novel
        PHOTOS: HBO  -  725 words
    • FESTIVALS AROUND THE WORLD
      • Article, Illustration
        Lock icon A day to fete love or find The One
        1076 33  -  Lovers wear their hearts on their sleeves while the loveless seek refuge in matchmaking parties. By DEBBIE YONG HEAD to Shanghai during the Qixi festival and you might think this is a sentimental, lovestruck city. Qixi is the day when couples
        REUTERS  -  1,076 words
    • CINEMA
      • Article, Illustration
        Lock icon Teacher gets low marks
        549 34  -  The gags in Bad Teacher are so banal you just want to, um, gag, reviews DYLAN TAN reviews DYLAN TAN THE only thing more superficial than the titular character Cameron Diaz plays in Bad Teacher must be the movie itself. Its makers appear to be over-ob-sessed
        PHOTOS: COLUMBIA PICTURES  -  549 words
      • Article, Illustration
        Lock icon So bad, it’s actually good
        527 34  -  By DYLAN TAN ANYONE considering lasik surgery might think twice after watching Final Destination 5, the latest instalment of the gruesome horror franchise that never dies even though just about everyone in it does. Like the previous films, it follows the same premise anything and
        WARNER BROS  -  527 words
      • Article, Illustration
        Lock icon Singapore filmfest fetes repertoire of dreamers
        381 34  -  By DYLAN TAN THE circular black-and-white Singapore International Film Festival (SIFF) logo looks familiar but everything else about this year’sedition promisesto befresh, saysfestival founder and chairman Geoffrey Malone. From the redesigned layout of the programme booklet to the inclusion of Lido cineplex as a
        381 words
      • Article, Illustration
        Lock icon Cars sequel sputters and halts
        616 34  -  By GEOFFREY EU CARS 2 hits the road with the requisite roar of engines and loud screech of tyres, five years after the original about the fast and furious exploits of a bunch of talking cars with accents and personalities to match. It tries hard
        PHOTOS: DISNEY  -  616 words
  • Page 36 Advertisements
Page thumbnail Page 1
  • TheBusinessofTime
    • Article, Illustration
      Lock icon Timeless appeal
      481 1  -  By Chuang Peck Ming WITH customers coming back, watch manufacturers are flooding the market with many more new watches. And it’s evident in this supplement you are holding in your hands it’s thicker than the last, and comes in two sections. Yet quite a few enough to be
      481 words
    • Article, Illustration
      Lock icon Sales to hit all-time high?
      1419 2  -  The watch industry is now safely out of the woods after the 2009 financial crisis. By CHUANG PECK MING A GLORIOUS future lies ahead for the watch industry, still led and shaped by the Swiss. Yet caution is the watchword on the lips of many
      1,419 words
    • Article, Illustration
      Lock icon Brand new offerings
      1692 4  -  Highlights of what are truly new from selected watch brands. By TIMMY TAN The writer is a watch enthusiast AMONG some of the unsubstantiated perceptions about long-established watch brands are that they are too “classic” or “conservative” and are therefore “boring”. As English writer and historian Thomas
      1,692 words
    • Article, Illustration
      Lock icon High complications: exquisite watches to marvel at
      1862 8  -  2011 has been a particularly fruitful year with watchmakers pushing to come out with uniquely creative pieces. By SU JIA XIAN By SU JIA XIAN Su Jia Xian has been keen on watches since he was 12. He recently graduated from the Singapore
      1,862 words
    • Article, Illustration
      Lock icon COMPLICATIONS
      1636 10 FRANCK MULLER HASN’T REALLY started a trend when it unveiled the Aeternitas Mega 4 in 2010, touted to be the world’s most complicated watch. The Aeternitas Mega 4 packs all the watch complications in one timepiece. It appears only the other master of complications, Patek Philippe, has since followed
      1,636 words
    • Article, Illustration
      Lock icon SALESMAN EXTRAORDINAIRE
      1917 12  -  Jean-Claude Biver’s marketing ideas were instrumental in helping to transform Blancpain and Hublot into the high horology watchmakers that they are today. By SU JIA XIAN By SU JIA XIAN The writer has been keen on watches since he was 12. He has just graduated from the Singapore
      1,917 words
    • Article, Illustration
      Lock icon Selling more than just a timepiece
      1896 14  -  Michael Tay of The Hour Glass wants to promote watches as works of art that are rich in heritage, ingenuity and complexity. By CHUANG PECK MING By CHUANG PECK MING “WELCOME to our new home,” greets the press release unveiling The Hour Glass’ new
      PHOTOS BY ARTHUR LEE  -  1,896 words
    • Article, Illustration
      Lock icon SLIM AND CLASSIC
      1157 18 THE GREAT RECESSION OF 2008 ENDED A DECADE OF excess, turning watch buyers away from the loud, chunky time machines watchmakers rolled out when money was aplenty. With spending power clipped, buyers rediscovered the charm of the understated, slim and classic looking timepieces of old. The renewed
      1,157 words
    • Article, Illustration
      Lock icon The truth behind fake watches
      618 20  -  The Swiss watch industry is stepping up its fight against counterfeits. By DYLAN TAN SOME might say imitation is the most sincere form of flattery, but don’t tell that to the Foundation de la Haute Horlogerie (FHH) and Federation of the Swiss Watch Industry. Both
      618 words
    • Article, Illustration
      Lock icon LADIES' WATCHES
      3022 20 MECHANICAL WONDERS APPEAR TO DEFINE THIS YEAR’S NEW timepieces for the ladies. Yet there’s no lack of the traditional bling that gives the feminine touch. And there are more colourful pieces. Yet sizes stay largely big. Men have gone back to classic and slim watches, but women still
      3,022 words
    • Article, Illustration
      Lock icon Allure of the vintage chronograph
      2015 26  -  For all its complications, it is simply irresistible. WONG WEI KONG explains why WONG WEI KONG TIME, arguably, is the most precious of all things. With each ticking second, the clock winds down on an event, a life, an era or an age. And we
      2,015 words
    • Article, Illustration
      Lock icon Watching case essentials
      1288 28  -  There are far more options than just plastic, steel and gold for watchcases. By KELVIN LEE By KELVIN LEE This writer is an associate director in a professional services firm MANY watch buyers believe that the cheapest watches have plastic watchcases, those in the mid-range have stainless
      1,288 words
    • Article
      Lock icon All that glitters may not be gold
      838 28  -  By KELVIN LEE The writer is an associate director in a professional services firm SOLID gold watches are sometimes offered by watchmakers as encasements for their finer movements, or as luxury alternatives to stainless steel. Gold watchcases usually come as yellow, white, rose
      838 words
    • Article, Illustration
      Lock icon HOW DO YOU TELL IT'S A SPORTS WATCH? BY THE WATCH'S LOOK OR FUNCTIONS.
      1434 30 IF THE TIMEPIECE IS SPORTY LOOKING, YOU CAN CALL IT A SPORTS WATCH. Sporty-looking? Tough with colour designs that remind you of football or car racing, for example. A surer way of knowing is when the
      1,434 words
    • Article, Illustration
      Lock icon APPRECIATING TIME
      733 33  -  How do watches fare as investment-grade assets, TIMMY TAN asks TIMMY TAN The writer is a watch enthusiast DO you, like many others, hold the opinion that watches make good investments? Well, the general consensus among watch aficionados and genuine horological experts is that it is best to
      733 words
    • Article, Illustration
      Lock icon A tribute to Galileo
      1571 34  -  Panerai salutes the man and his ideas with the creation of the Jupiterium. By SU JIA XIAN By SU JIA XIAN The writer has been keen on watches since 12. He’s just graduated from the Singapore Management University TIME, at its essence, is at once greater
      1,571 words
    • Article, Illustration
      Lock icon A labour of love
      739 36  -  Peter Chong quit his job to tell the story of the “Pour Le Merite” collection in a lavish coffee table book. By CHUANG PECK MING By CHUANG PECK MING THE Lange Tourbillon “Pour de Merite” was last sold for US$150,000 at an auction, a price watch
      PHOTOS BY YEN MENG JIIN  -  739 words
    • Article, Illustration
      Lock icon With tender loving care
      1638 38  -  ARTHUR LEE advises collectors on how to keep their watches in tip-top condition ARTHUR LE E AFTER owning some 100 watches, I would like to share a few simple practical tips that may help you keep your watches clean and in good working order and keep
      1,638 words
    • Article, Illustration
      Lock icon FLIGHT MATES
      1766 40  -  Jet-setters are spoilt by a wide array of two- and multiple-time zone timepieces this year. Here are 10 of our favourites. By ALVIN WONG By ALVIN WONG 1BREGUET Hora Mundi ($113,300 rose gold, $135,400 platinum) While most world-time watches suffer from hard-to-decipher displays, Breguet’s Hora Mundi makes it
      1,766 words
    • Article, Illustration
      Lock icon Legacy lives on
      666 44  -  Ulysse Nardin continues to uphold its late founder’s vision of independence and innovation. By CHUANG PECK MING By CHUANG PECK MING IT IS natural to ask what’s going to happen to a company with the passing of its owner. It’s all the more so in the watch
      ARTHUR LEE  -  666 words
    • Article, Illustration
      Lock icon A local first in watch design
      188 44  -  By CHUANG PECK MING THIS (right) is the winning look of the watch that emerged from Singapore’s first luxury watch design competition. “Singapore Shines”, as it is called, is based on the mechanical anti-clockwise single hand watch created by homegrown watch brand Azimuth, which
      188 words
    • Article, Illustration
      Lock icon Enjoying the economies of Swatch
      837 48  -  What is the simple yet seemingly inconceivable recipe of success for Swatch? By TIMMY TAN Timmy Tan is a watch enthusiast IN the early 1980s, everything looked bleak for the Swiss watchmaking industry: between 1977 and 1983, the value of Swiss watch exports in Swiss
      837 words
    • Article, Illustration
      Lock icon NEW WATCHES
      4629 50 WHAT’S NEW? PLENTY. Not only are more brands unveiling new watches this year, they are also offering many more choices in designs, colours and complications. These are only a sample. A Lange Sohne Richard Lange Tourbillon ‘Pour le Merite’ THE TOURBILLON IS SEEN FULLY FROM 12 TO 6
      4,629 words
    • Article, Illustration
      Lock icon ONE & ONLY
      891 54  - ONE ONLY The latest Only Watch 10-city roadshow will kick off in Singapore on Aug 30. By CHUANG PECK MING By CHUANG PECK MING WATCH fans in Singapore will get a first peek at the watches that will go for the latest Only Watch charity auction in Monaco, next month.
      891 words
    • Article, Illustration
      Lock icon Making time to give
      1177 55  -  It is always heartening to know of individuals and luxury watch brands donating not only part of their financial resources but their wealth of experience for noble causes. By TIMMY TAN By TIMMY TAN The writer is a watch enthusiast IN mid-June, just as what seemed
      1,177 words
    • Article, Illustration
      Lock icon Every watch tells a story
      724 56  -  When it comes to vintage watches, each has a unique history that is bound to excite a collector. By JACK WONG Jack Wong has an addiction for watches with a particular keen interest in vintage pieces. He has taught himself some novice watch tinkering skills
      724 words
    • Article, Illustration
      Lock icon How to choose a vintage
      664 56  -  By JACK WONG BELOW are general tips on selecting your vintage watch. NFirst golden rule of thumb: originality is everything. If a watch is left in its original condition, despite appearing old to the undiscerning, it is worth much more than one that has been
      664 words
    • Article, Illustration
      Lock icon In praise of vintage
      1318 57  -  While others collect the latest watches, SHAWN TAN has been faithfully chasing vintage classics SHAWN TAN Shawn Tan is a qualified accountant, a watch enthusiast and the owner of a vintage watch gallery in Singapore. He has conducted various watch talks and held exhibitions to share
      FILE PHOTO  -  1,318 words
    • Article, Illustration
      Lock icon STAR WATCH
      271 58  -  CHUANG PECK MING zeroes in on the sparklers of Cortina’s Jewellery Time show CHUANG PECK MING A diamond-decked Audemars Piguet Grand Royal Oak Grande Complication with a cool $1.48 million price tag is most likely to be the star at this year’s Jewellery Time show by Cortina Watch,
      271 words
    • Article, Illustration
      Lock icon Keeping your watches safe
      277 58  -  By CHUANG PECK MING PRECIOUS and pricey watches, like most things, suffer from wear and tear. And they are prey to thieves. Even when not in use for long, their performance drops especially for automatic watches. Watch safes and winders help protect your collection from all
      277 words
    • Article, Illustration
      Lock icon First among equals
      1526 59  -  CHUANG PECK MING looks at some of the winners of the 2010 Grand Prix of Horology CHUANG PECK MING IT’S been quite a while since a newcomer wowed the watch community with such a timepiece. Perhaps it’s a sign of the times. In the aftermath of the
      1,526 words
  • Page 1 Advertisements
    • Advertisement
      Lock icon Page 1 Advertisements Column 1
      309 1 CONTENTS: Complications pageS 8-10 z Salesman extraordinaire page 12 z Not just a watch page 14 z Ladies’ watches pageS 20,22,24 z Case essentials page Co-ordinator: Chuang Peck Ming Copy editor: George Joseph Sub-editor: Lilian Lee Cover design and graphics: Ludwig Ilio Photographers: Arthur Lee, Yen Meng Jiin Advertising sales:
      309 words
Page thumbnail Page 2
  • Page 2 Advertisements
    • Advertisement
      Lock icon Page 2 Advertisements Column 1
      442 2 m m ■Mr MM '<575 »t»Wi m S^sls yJ. mWi fM 2ggg >s V--V-; 111 5s® WEES 'gy w& mm -iiyi yy mJm HilGspffiSglgl S®©» m >.: £l V,V. >m UB ggpgf a «l a' SMs wm vm a j# ,ai si-m Sii •sfag aE 11 S#gS© ■*5. Isi 'a
      442 words
Page thumbnail Page 3
  • Page 3 Advertisements
    • Advertisement
      Lock icon Page 3 Advertisements Column 1
      193 3 A <•„' i ly; i i XM m r. ./> I i» > y f/Y[o>\ ?k* ss l£ r I i <■ > t oc NV* m* 1 -.1 1## i i E L r -b ii jo ■> 1 i 1 SOS! o o BOSS n Singapore Limited Edition
      193 words
Page thumbnail Page 4
  • Page 4 Advertisements
    • Advertisement
      Lock icon Page 4 Advertisements Column 1
      165 4 IWC Portuguese. Engineered for navigators. fni CO >- C7I < o A 0 27 37 <o z N w m E/2 U r~- < N x UH IS. < X U ITt CO Portuguese Tourbillon Mystere Retrograde. Ref. 5044: Apart from being an example of watchmaking at its most perfect,
      165 words
Page thumbnail Page 5
  • Page 5 Advertisements
    • Advertisement
      Lock icon Page 5 Advertisements Column 1
      120 5 AP AUDEMARS PIGUET Le maitre de Vhorlogerie dcpuis 1875 iiwi £ifi L.y BO 7 Oo o O o o <o p o <G> o m o ufMli.f L™ 0 <o o A s iTI •3 SI S-> IUB #1 a? k P° fc -V sw p I 0 fi -2
      120 words
Page thumbnail Page 6
  • Page 6 Advertisements
    • Advertisement
      Lock icon Page 6 Advertisements Column 1
      74 6 ULTIMATE DISCRETION s: V' PIAGET ALTIPLANO The world's thinnest automatic watch White gold case, 5.25 mm thick The world's thinnest automatic movement Piaget Manufacture calibre, 2.35 mm thick PIAGET www.piaget-altiplano.com A PIAGET Boutiques Authorised Retailers 01-11 Takashimaya Shopping Centre, Ngee Ann City, 391 Orchard Road. Tel: +65 6732 6831 Bl-35
      74 words
Page thumbnail Page 7
  • Page 7 Advertisements
    • Advertisement
      Lock icon Page 7 Advertisements Column 1
      282 7 THE HOURGLASS presents •IILYWATCH 2011 COLLECTION A rare opportunity to view the 40 unique timepieces created by the most prestigious international watch brands. Date: 30 August 2011, Tuesday Venue: Malmaison by The Hour Glass 270 Orchard Road, #01-01 Knightsbridge (Grand Park Orchard Hotel) Tel: 6884 8484 Time: 10 a.m. to
      282 words
Page thumbnail Page 8
Page thumbnail Page 9
  • Page 9 Advertisements
    • Advertisement
      Lock icon Page 9 Advertisements Column 1
      167 9 HUBLOT GENEVE m ay .1 s> v. V (!»1 o IJ so f\fE'V'i "O O ft m w V T\ A 1? 7 > r> At 10 A, o Vn T d?i A v <#> V if: <> 3 A m '.'.•r\ X KING POWER <e> The King Power UNICO
      167 words
Page thumbnail Page 10
Page thumbnail Page 11
  • Page 11 Advertisements
    • Advertisement
      Lock icon Page 11 Advertisements Column 1
      152 11 LOUIS VUITTON sH $fc$isr i np v.a O N. o Ta c a: u 4 <0 o ll <1 a s O >v m V m J-5 300 7S 03 M t v. m o I -r <v c. HB8»3 V--250 9 wsm *a 80 -C H U CO ;v>
      152 words
Page thumbnail Page 12
Page thumbnail Page 13
  • Page 13 Advertisements
    • Advertisement
      Lock icon Page 13 Advertisements Column 1
      180 13 RICHARD IVIILLE A RACING MACHINE ON THE WRIST <0 s m s Ms, s 9 TO m i A4 4 u. m <k ■&VIST Si RICHARD MILLE CALIBER RM 035 RAFAEL NADAL CHRONOFIABLE® CERTIFIED Skeletonized manual winding movement Power reserve: circa 55 hours Baseplate, bridges and balance cock made of
      180 words
Page thumbnail Page 14
Page thumbnail Page 15
  • Page 15 Advertisements
    • Advertisement
      Lock icon Page 15 Advertisements Column 1
      170 15 RICHARD MILLE A RACING MACHINE ON THE WRIST Q i I V~ (I |J S O 4 o s m 8SS f N *s ?> ft €> ft o f o TOURBILLON RICHARD MILLE RM 038 BUBBA WATSON Manual winding tourbillon Power reserve: circa 48 hours Baseplate and bridges made
      170 words
Page thumbnail Page 16/17
  • Page 16/17 Advertisements
    • Advertisement
      Lock icon Page 16/17 Advertisements Column 1
      146 16/17 1 H I« 7 JA rY* i >5 r r > tTm <f f 'A 'I I mC y J A f 5* 4 0~ ,am 1 a r Ion Orchard 6509 9712 Marina Bay Sands 6225 2393 Raffles City 6338 3676 Resorts World Sentosa 6723 8004 PLANET OCEAN "Standing
      146 words
Page thumbnail Page 18
Page thumbnail Page 19
  • Page 19 Advertisements
    • Advertisement
      Lock icon Page 19 Advertisements Column 1
      49 19 THE SIMPLICITY OF INNOVATION LUMINOR 1950 8 DAYS GMT 44mm P.2002 in-house calibre >o *4^ r <9 O iy. 0 i, f G 1a PANERAI LABORATORIO DI IDEE. Available exclusively at Panerai boutiques and select authorized watch specialists. For more information, please contact us at +65 6510 2737 www.panerai.com
      49 words
Page thumbnail Page 20
Page thumbnail Page 21
  • Page 21 Advertisements
    • Advertisement
      Lock icon Page 21 Advertisements Column 1
      207 21 190 YEARS AGO A MAN BET ON HORSES AND CHANGED WATCHMAKING FOREVER. m X. AL V >: ••w :> u w V o V o I 1 V <5 <o m T 0 Es o z > *K m o m /M SARy eo DC C/> o X -v w
      207 words
Page thumbnail Page 22
Page thumbnail Page 23
  • Page 23 Advertisements
Page thumbnail Page 24
Page thumbnail Page 25
  • Page 25 Advertisements
    • Advertisement
      Lock icon Page 25 Advertisements Column 1
      164 25 J;I> JAQUET DROZ SWISS WATCHMAKER SINCE 1738 IlltUI 1 < f f 1 1 %m/// k w m <ssid4iliiail£l < > inn '/////JZJlhiilillUli J j IttuitunuiUlli k A '/m i <* J 3 v\ KHBh IK** ti&ltMBHh m V"WK' X T w 13m T*™ sJTF 1 i.i&jfa'jfr ,_>• i fei&k,
      164 words
Page thumbnail Page 26
Page thumbnail Page 27
  • Page 27 Advertisements
    • Advertisement
      Lock icon Page 27 Advertisements Column 1
      51 27 SWISS WATCH MANUFACTURE SINCE 1865 EL PRIMERO by Zenith, inventor of the. A 6 \ja A i < 'V <o o li cn C-T"! <S~ Z<I M z ilzi iJ. 'Z M TZW/PA I f ;jl i >• EL PRIMERO IKING 10 th LIMITED EDITION STEEL ZENITH, THE PIONEER SPIRIT
      51 words
Page thumbnail Page 28
Page thumbnail Page 29
  • Page 29 Advertisements
    • Advertisement
      Lock icon Page 29 Advertisements Column 1
      114 29 CORUM LA CHAUX-DE-FONDS SUISSE n r '/"'XAI A V y I y i yy X \1 X s 1 s 8 K s ADMIRAL'S SEAFENDER w Diver's chronograph, grade 5 titanium case water-resistant to 300 meters. CORUM automatic movement chronometercertified (COSC). CORTINA WATCH ESPACE Millenia Walk Tel: *****728 Marina Bay
      114 words
Page thumbnail Page 30
Page thumbnail Page 31
  • Page 31 Advertisements
    • Advertisement
      Lock icon Page 31 Advertisements Column 1
      198 31 The moon-phase indication needs to be periodically corrected. About once every four generations. MB LANG E SOIINF /S A GLASHtlTTK \iOA r DEZ :o V V /UN I.M onHMAf 11 S6 GLASHUTTE VSA The SAXONIA ANNUAL CALENDAR provides five different time indications at self-winding movement. All of the 476 individual
      198 words
Page thumbnail Page 32
  • Page 32 Advertisements
    • Advertisement
      Lock icon Page 32 Advertisements Column 1
      111 32 fi m SANTOS-DUMOIVT SKELETON 9611 MC THE CARTIER CALIBRE 9611 MC FEATURES AN EXCLUSIVE SKELETON MOVEMENT. THE BRIDGE SKELETON, USING ROMAN NUMERALS, PROVIDES A UNIQUE DISPLAY AND TIME READABILITY. THE COMBINATION OF THE OUTLINE CASING OF THE SANTOS-DUMONT WATCH AND THE PURITY OF THE MOVEMENT CREATE ONE OF THE MOST
      111 words
Page thumbnail Page 33
  • Page 33 Advertisements
    • Advertisement
      Lock icon Page 33 Advertisements Column 1
      105 33 CONTENTS: A labour of love PAGE 36 T With tender loving care PAGE 38 T Flight mates PAGES 40, 42 T New watches PAGES 50-53 T Making time to give PAGE 55 J 12 RETROGRADE MYSTERIEUSE CHANEL Watch in black high-tech ceramic and 18K white gold, limited to 10 pieces.
      105 words
Page thumbnail Page 34
  • Page 34 Advertisements
    • Advertisement
      Lock icon Page 34 Advertisements Column 1
      238 34 A TIMELESS SUBJECT OF CONVERSATION SHOWCASE AND PRESERVE YOUR WATCH COLLECTION IN STYLE Your enjoyment of life's finer things includes a brilliant showcase of superb automatic watches. But how do you keep them in pristine working order? The answer is an informative and fascinating visit to Timeless Gallery; Singapore's first
      238 words
Page thumbnail Page 35
  • Page 35 Advertisements
    • Advertisement
      Lock icon Page 35 Advertisements Column 1
      132 35 ULYSSE NARDIN SINCE 1846 II LE LOCLE SUISSE 0 m uv i I '411 I V N >v o II':' tss* 'A i ,.j 5\. r > VDC V m N> r i i 4 «k °t<r p Am? m i/i w <A*\- if. m w i f!lll% v if
      132 words
Page thumbnail Page 36
  • Page 36 Advertisements
    • Advertisement
      Lock icon Page 36 Advertisements Column 1
      87 36 mer o o a5 c n o "i o V r* i, (.ICR MOSER PERPETUAL 1, ref. 341.501-004.18k rose gold. Hand-wound movement cal. HMC 341.501. Min. 7 days power reserve. Perpetual flash calendar display. See-through back. THE HOUR GLASS SINGAPORE TAKASHIMAYA S.C. TEL KNIGHTSBRIDGE TEL ION ORCHARD TEL RAFFLES HOTEL
      87 words
Page thumbnail Page 37
  • Page 37 Advertisements
    • Advertisement
      Lock icon Page 37 Advertisements Column 1
      162 37 GP GIRARD -PERREGAGX CELEBRATING 220 YEARS U m St.. VV <2 GP GIRARD-PERREGAGX^ 40 2 K I V <3 S3 SWISS MADE ft o 1 R4 Jk m MM \m Mi \:.mm 11.1A EH -7 5e O A 8-GIRARD-PERREGAUX 1966 Small Second Pink gold case, sapphire case back, Girard-Perregaux automatic
      162 words
Page thumbnail Page 38
  • Page 38 Advertisements
    • Advertisement
      Lock icon Page 38 Advertisements Column 1
      88 38 FOLLOW YOUR CONVICTIONS "THE WORLD IS FULL OF OPINIONS. THE ONLY ONE THAT MATTERS, IS YOURS." Dicky Cheung, Actor /Artist As a penniless actor, the only person who believed Dicky Cheung would make it was himself. At Maurice Lacroix, we too believe in what we do, creating our groundbreaking movements
      88 words
Page thumbnail Page 39
  • Page 39 Advertisements
    • Advertisement
      Lock icon Page 39 Advertisements Column 1
      188 39 w y fr ,v6 mm wis f r» BS S'rni ■x*£i*y > C.--. ./f fer' xrof-.-i v«a»G ge y 1 y'; v 1 c> y .<>.. 1 %r» &>■? JS»" t r s I r. A >3 Vc, jj' <4 f "3i^ o.-,u T*f P* v>-> c-d > DE ITT
      188 words
Page thumbnail Page 40
Page thumbnail Page 41
  • Page 41 Advertisements
    • Advertisement
      Lock icon Page 41 Advertisements Column 1
      196 41 'S 1 M! Bell Ross AO 20 r 1 N Pm 1 s V fl <9 61 1 S V ■9, 6" O. f S R 7 ■5 N "»o 7, y Vj y V 9/ U U J h>* Bell® Ross TIME INSTRUMENTS VINTAGE PW1 0 49 mm VINTAGE
      196 words
Page thumbnail Page 42
Page thumbnail Page 43
  • Page 43 Advertisements
    • Advertisement
      Lock icon Page 43 Advertisements Column 1
      117 43 COME FORTH AND EXPERIENCE AN EXQUISITE RENDEZVOUS ewe en 0 BY CORTINA WATCH Experience the glamour of Asia's most exclusive jeweled timepiece showcase. This year, technology intersects with luxury enhancing the elegance and glitz of this rare, extravagant event. Be dazzled by the beauty. Venue Paragon Shopping Mall 'y Date
      117 words
Page thumbnail Page 44
  • Page 44 Advertisements
    • Advertisement
      Lock icon Page 44 Advertisements Column 1
      143 44 Originals wanted. For people who know exactly what they want. Chronoswiss watches. Created using good ideas, the most precious of materials, and the highest precision. Mechanically and visually perfect. Uncompromising in shape and function. Every Chronoswiss is unique. www.chronoswiss.com S CHRONOSWISS S R U S vSt 31/ .7§ #r 0
      143 words
Page thumbnail Page 45
  • Page 45 Advertisements
    • Advertisement
      Lock icon Page 45 Advertisements Column 1
      127 45 5% rebate* at The Hour Glass with your ANZ Credit Card. From now till 30 Sep 2011, indulge in the latest timepieces with this exclusive rebate—even when you place your purchases on ANZ Pay$mart 0% Interest Instalment Payment Plan for 12 or 24 months. The Hour Glass Boutiques: •Takashimaya S.C.
      127 words
Page thumbnail Page 46/47
  • Page 46/47 Advertisements
    • Advertisement
      Lock icon Page 46/47 Advertisements Column 1
      156 46/47 m Wi ESS ar-i 1L aa i LW mm m lV I I'm IP 51 i I p n l! m *^T/! >... Ml Wm/J. m a K R S SB" iw., m, s. a mk m. U riitfiS .A %>« > V 0 urn A Da. T ■x. r
      156 words
Page thumbnail Page 48
  • Page 48 Advertisements
    • Advertisement
      Lock icon Page 48 Advertisements Column 1
      123 48 jfgfe m y A x\^ X% MPH S5 \V \uU u, V x\ s9 w* A// N v n\ V N f, <5> Y*. •s< V •x- •£> rl o A. V 60 o U-> o 9 3 ORIS SUN ■> AUTOMATIC O 'V 30 «-p <-V o T-> o
      123 words
Page thumbnail Page 49
  • Page 49 Advertisements
    • Advertisement
      Lock icon Page 49 Advertisements Column 1
      59 49 HERMÈS SADDLEMAKER HERMÈS WATCHMAKER ARCEAU GRANDE LUNE Steel case, mechanical self-winding movement, moon phases, alligator strap Crafted by Hermès watchmakers in Switzerland www.hermes.com HERMÈS WATCH BOUTIQUES: PARAGON T. 6733 7545 THE SHOPPES AT MARINA BAY SANDS T. 6688 7881 HERMÈS BOUTIQUES: LIAT TOWER T. 6738 9807 TAKASHIMAYA T. 6735 5228
      59 words
Page thumbnail Page 50
Page thumbnail Page 51
  • Page 51 Advertisements
    • Advertisement
      Lock icon Page 51 Advertisements Column 1
      315 51 Brought to you by RAYMOND WEIL r Y d W,: R Ay o .1 1} -WW-WW T v -V |»V r4 fK t w. du <Ni >. u 'om» v SVVBS I MAE® ,r f#-l| ft s i A :li f%\ r»n f ■5 1 1" s ofte PTSfKEii THE
      315 words
Page thumbnail Page 52
Page thumbnail Page 53
  • Page 53 Advertisements
    • Advertisement
      Lock icon Page 53 Advertisements Column 1
      96 53 GRAHAM LONDON \Q 0 w R>L\ i>iv 10 ll cd w x 1 ill JIM »®5fe !IR WK *'X f$ P»JT i A fl f^/WSL 'k^-mm. FtT' -vrawi® OFFICIALTIMING PARTNER OF MERCEDES 1 PETRDNAS FORMULA ONE™TEAM HANDCRAFTED IN SWITZERLAND. WWW.GRAHAM-LONDON.COM EXCLUSIVELY AT: CORTINA WATCH (ION) TEL: (65) 6509 9218, (MILLENIA
      96 words
Page thumbnail Page 54
Page thumbnail Page 55
  • Page 55 Advertisements
    • Advertisement
      Lock icon Page 55 Advertisements Column 1
      201 55 A CUT ABOVE SOPHISTICATION PRESENTING: A BRILLIANCE IN TIME, 19-28 AUG 2011 m 7 n_ 1 i I X 9 ni v V <// wk Timeless Treasures LI Atrium An exclusive exhibition featuring Boucheron, Chaumet, Cortina Watch, Franck Muller, Harry Winston, Omega, TAG Heuer, The Hour Glass and Tudor. A
      201 words
Page thumbnail Page 56
Page thumbnail Page 57
  • Page 57 Advertisements
    • Advertisement
      Lock icon Page 57 Advertisements Column 1
      332 57 XY KEEP YOUR WATOH MOVING! BOXY WATCH WINDERS THE AFFORDABLE ACCESSORY FOR YOUR AUTOMATIC TIMEPIECES THE THREE-PRONGED APPROACH: Operated by the silent winding Mabushi Japanese motor. Offering three rotational options: clockwise, anti-clockwise or bi-directional. Adaptors come with a three-pin plug for safety and convenience. Officially distributed by Forte Luxury (S)
      332 words
Page thumbnail Page 58
Page thumbnail Page 59
Page thumbnail Page 60
  • Page 60 Advertisements
    • Advertisement
      Lock icon Page 60 Advertisements Column 1
      232 60 #.k m, t GENEVE A SSJ m ■>s wo. WMiffltP if n ,1 JV.W/ It 355* IS" 345° J5° 345 I I7 7 7 > I III/ r*r< il wrn iii 'v CK M(// CK Ml,/ 8® <£ :"i,:'>/>, :>'/ SS It i/ A J: I r Lsl) y]) Q
      232 words
Page thumbnail Page 61
  • Page 61 Advertisements
    • Advertisement
      Lock icon Page 61 Advertisements Column 1
      80 61 LIVE FOR GREATNESS THE DATEJUST 7-Z' lliS v UST m rf vv 3 Z 7b m > V V 1 Z±'l L~ '"I 1 m m fr ROLEX THE ROLEX CENTRE ORCHARD ROAD SINGAPORE, TEL: (65) 6830 5IOO. FAX: (65) 6235 OI83 THE BUSINESS TIMESI S$I.OO online at http://www.businesstimes.com.sg S|Sl
      80 words
Page thumbnail Page 62
  • Page 62 Advertisements
    • Advertisement
      Lock icon Page 62 Advertisements Column 1
      136 62 LIVE FOR AT THE HEART OF ROLEX LIES A STRONG AND POWERFUL BELIEF: LIVE FOR GREATNESS. THE VERY SPIRIT OF WHO WE ARE, IT DEFINES OUR TIMEPIECES. MAKES OUR CROWN ICONIC. YET GREATNESS IS WITHIN EVERYONE. PASSION. DRIVE. INSPIRATION. THEY EXPLAIN THE HOW AND WHY RECORDS ARE BROKEN. BREAKTHROUGHS ARE
      136 words