The Business Times, 16 September 2011
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2011-09-16
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The Business Times
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Title Section23 2011-09-16 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, September 16,23 words
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Article, Illustration676 2011-09-16 1 CONRAD TAN - London-based trader arrested; group may plunge into the red in third quarter By CONRAD TAN [SINGAPORE] Swiss bank UBS shocked markets yesterday with a warning that it had suffered some US$2 billion in losses from unauthorised trades that could drag the entire groupREUTERS - 676 words
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646 2011-09-16 1 KELLY TAY - Exemptions and fine print may play key role, observers say By KELLY TAY [SINGAPORE] How deeply Singapore businesses will be impacted by the government’s proposed data protection law will ultimately depend on two key factors: the extent to which exemptions are646 words
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Article141 2011-09-16 1 GST INDEX 2,765.95 (+26.60) GST INDEX FUTURES 2,766.00 (+27.00) GSIMSCI 318.95 (+3.53) GSIMSCI FUTURES 319.00 (+3.80) FOREX US$ S$ US$ (S$ per US$) 1.246 (US$/S$ per 1.576 1.964 EURO (US$/S$/E) 1.377 1.715 Foreign currency per US$ S$ YEN 76.70 61.60 RM 3.097 2.486 HK$ 7.798 6.259 BAHT 30.30141 words
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Advertisement176 2011-09-16 1 S’PORE NEWS HDB,URA launch 4 condominium sites PAGE 12 HOCK LOCK SIEW Man U listing: Devil’s in the details PAGE 5 M’SIA NEWS More women in the boardroom PAGE 15 COMMENTARY Giving more than just a handout PAGE 23 EXECUTIVE LIFESTLYLE ace of clubs BATTLE TO BE I PAGE 30176 words
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TOP STORIES
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Article568 2011-09-16 2 UBS warns of US$2b losses from unauthorised trades SWISS bank UBS shocked markets yesterday with a warning that it had suffered some US$2 billion in losses from unauthorised trades that could drag the entire group into a loss for the third quarter. Police arrested Kweku Adoboli, a 31-year-old568 words
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Article, Illustration818 2011-09-16 2 KALPANA RASHIWALA - Developers sell 1,348 units in Aug, against predictions of less than 1,000 By KALPANA RASHIWALA [SINGAPORE] Some property consultants are now predicting that developers could end the year with sales of 15,000-16,000 private homes, excluding executive condominiums (ECs). The upperSource: URA - 818 words
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503 2011-09-16 2 CHUANG PECK MING - Slower job growth raises jobless rate in June to 2.1% By CHUANG PECK MING [SINGAPORE] Net job gains in the second quarter in Singapore were higher than first thought, but the upward revision in the final figure hasn’t changed the picture painted503 words
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Article530 2011-09-16 2 Bloomberg [PARIS] “Everything must be done to keep the euro zone together.” That was Chancellor Angela Merkel speaking on German radio on Sept 13 as she denied reports that Germany was preparing for Greece’s exit from the monetary union. Late on Wednesday, she joined French President NicolasBloomberg - 530 words
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Article, Illustration555 2011-09-16 4 PAULINE NG - By PAULINE NG in Kuala Lumpur MALAYSIA’S Prime Minister Najib Razak yesterday said his administration would repeal the Internal Security Act 1960 (ISA) and three Emergency Ordinances at the next parliamentary sitting. He also announced the scrapping of annual printing and555 words
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714 2011-09-16 4 JAMIE LEE - EGM adjourned to Oct for independent financial adviser to assess exit offer By JAMIE LEE [SINGAPORE] The Securities Industry Council (SIC) has stepped in at the eleventh hour to define the capital reduction proposed by CK Tang as an exit offer that714 words
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337 2011-09-16 4 Reuters [NEW YORK] A pension fund representing US government employees has filed a shareholder proposal to strip Goldman Sachs Group Inc chief executive Lloyd Blankfein of his other post as chairman. The pension plan of the American Federation of State, County MunicipalReuters - 337 words
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Advertisement97 2011-09-16 2 COMMERZBANK O What I need is European expertise, delivered locally V Corporates Markets Commerzbank Corporates Markets is harnessing its European expertise in trading, structuring, research and corporate finance solutions for our clients across Asia. As a leading bank at the heart of Europe's largest economy, we've built a reputation for97 words
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Advertisement230 2011-09-16 3 ALL-NEW CHEVROLET ORLANDO 4* SEVEN SEATS, COUNTLESS POSSIBILITIES. yt m M i V A m i \X \> 1 ai v Z 1 3k_ I ORLANDO J > I V? c ORLANDO: THE PREMIUM MPV FROM CHEVROLET The all-new Chevrolet Orlando is a 7-seat premium MPV that offers wonderful space,230 words
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Advertisement497 2011-09-16 4 O YAMAHA Model 214 7' Retail Price $157,000 NOW $133,500 Rich in tradition, each Bosendorfer is impeccably handcrafted to produce that touching and inspiring sound unique to the Bosendorfer brand name. With the Bosendorfer you do not just own a musical instrument, but know-how and techniques that have been passed497 words
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Advertisement138 2011-09-16 4 Now, you don't need to leave Singapore to look for the best real estate in India. The India Property fair 2011 is back. India's most respected media houses, The Hindu and Hindustan Times bring the best Indian property investment options to Singapore. The event will showcase some of the finest138 words
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COMPANY NEWS
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906 2011-09-16 5 MICHELLE QUAH - HOCK LOCK SIEW By MICHELLE QUAH NEWS that Manchester United would now be floating non-voting preference shares in its initial public offering (IPO), instead of the earlier rumoured non-voting ordinary stock, means the Red Devils’ share structure is now in accordance with rules906 words
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267 2011-09-16 5 JOYCE HOOI - It will take delivery of the A330-300 jets during 2013-2015 By JOYCE HOOI SINGAPORE Airlines (SIA) has sealed the deal on the 15 additional aircraft that it is leasing from Airbus, it announced yesterday. SIA’s chief executive officer Goh Choon Phong signed267 words
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266 2011-09-16 5 1,000-hectare park will be in Chengdu Hi-tech Zone SEMBCORP’S wholly owned subsidiary, Sembcorp Industrial Parks, is co-developing a 1,000-hec-tare innovation park. The Singapore-Sichuan Hi-tech Innovation Park is located in the Chengdu Hi-tech Zone’s south park within the Chengdu-Chong-qing Economic Zone, Sembcorp said266 words
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Article, Illustration545 2011-09-16 6 UMA SHANKARI - Likely price for 99-year units understood to be at least $1,450 psf By UMA SHANKARI CAPITALAND plans to launch its condominium in Bishan Central by the first quarter of 2012 and set a benchmark price for the area, even as the property545 words
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Article520 2011-09-16 6 FELDA CHAY - Emerging economy demand will prop up sector: Goldman By FELDA CHAY CONTINUING growth in emerging markets, which has helped spur demand for commodities, will continue to hold up the sector and keep raw material prices up, said Goldman Sachs managing director of commodities research Allison520 words
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329 2011-09-16 6 Reuters [JAKARTA] Nestle, the world’s biggest food group, has resumed palm oil purchases from Indonesia’s Smart, showing the palm oil firm’s efforts to boost its green credentials by teaming up with a conservation group have paid off. Smart, which runs the Indonesia palmReuters - 329 words
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Article346 2011-09-16 11 EMILYN YAP - The trust will use the money raised to part-finance Bedok Point’s acquisition By EMILYN YAP FRASERS Centrepoint Trust (FCT) has raised net proceeds of $64.3 million from a private placement of units, to partially fund the acquisition of Bedok Point. The private placement saw strong346 words
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COMPANY BRIEFS
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78 2011-09-16 11 BOUSTEAD Singapore’s industrial real estate arm, Boustead Projects, has won an $18 million contract from Shinko Plantech Co for the design and construction of a chocolate-processing facility. Shinko Plantech, a plant maintenance company, will oversee the project as the lead contractor of the processing facility,78 words
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42 2011-09-16 11 CONSTRUCTION company Lian Beng Group, having recently diversified into the business of operating dormitories, has announced the incorporation of Lian Beng-Centurion (Dormitory) Pte Ltd (LBCD). LBCD will be concentrating on the provision of dormitory accommodation and services.42 words
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71 2011-09-16 11 THE Housing Development Board (HDB) has awarded a solar leasing tender contract to Sunseap Enterprises, a subsidiary of Sunseap Group, to supply and install two megawatts of photovoltaic rooftop solar system in Punggol. The electricity generated from the solar panels will be used71 words
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68 2011-09-16 11 PEC Ltd has won a contract to provide maintenance of storage tanks and repair services to ExxonMobil Asia Pacific Pte Ltd for five years, the Singapore-listed company announced yesterday. The actual value of the maintenance works at ExxonMobil’s Jurong refinery, Pulau Ayer Chawan refinery and68 words
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Article, Illustration239 2011-09-16 11 SIOW LI SEN - By SIOW LI SEN THE Association of Banks in Singapore said yesterday’s business continuity exercise for the financial sector was a success. Codenamed Raffles III, it was designed to test industry-wide coordination and response to a major operational disruption affecting the financial sector239 words
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Article296 2011-09-16 11 TEO SI JIA - Works on landfill site off Tampines Rd to take 20 months By TEO SI JIA INFRASTRUCTURE construction and precast specialist Koon Holdings has won a contract from JTC Corporation yet again. The $40.1 million contract will see Koon Construction Transport Co Pte Ltd restoring the296 words
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Advertisement59 2011-09-16 5 o u ri <U 0 1 U u 3 CJ NORTHAMPTON, ENGLAND ChurctiTs Engfok shoes N o O >•- r It: s n <t <F e a r 4C *eM+±£s± BURWOOD Leather Lined, Leather Sole Singapore Shop 2-8, Level 2, Ion Orchard Hong Kong Shop G33, Ground Floor, Prince's Building59 words
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Advertisement213 2011-09-16 6 1 i 5 r n lje i i v n E N 'i! il J Jif ni Citi Paragon Platinum MasterCard Exclusive c fEi Receive an exclusive Mercedes-Benz Adidas shoe bag worth $49 when you charge a minimum of $400* in a single receipt to your Citi Paragon Platinum MasterCard213 words
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Advertisement391 2011-09-16 7 THOMSON GRAND M ABSOLUTE GRANDEUR ABSOLUTE PRESTIGE r Fabulous '8' offers u Reserved units with number 8 are now available in limited supply ABSOLUTE u Russia travel package valued at $8,800 for new buyers* u Extra benefit for buyers whose IC number contains '8' QUALT The legend of the fabulous391 words
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SINGAPORE MARKETS
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Article, Illustration607 2011-09-16 8 VEN SREENIVASAN - STI, in tandem with other Asian bourses, climbs after affirmation that debt-stricken Greece will stay in the eurozone STOCKS VEN SREENIVASAN Senior Correspondent THE absence of bad news is good news. That seems to be the new market mantra as markets across Asia heldSource: Bloomberg - 607 words
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Article186 2011-09-16 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 6 4 3 0 0 0 6 4 3 Manufacturing 48 42 34 3 2 6 51 44 40 Commerce 25 14 15 4 2 2 29 16 17 Tpt/Stor/Comms 23 9 7186 words
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Article121 2011-09-16 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 28,026 28,026 101,745 101,745 Manufacturing 129,629 6,882 136,511 167,750 113 167,863 Commerce 111,990 2,593 114,583 155,558 357 155,915 Tpt/Stor/Comms 134,169 408 134,577 229,322 46 229,367 Finance 21,759 154 21,913 216,004 33 216,037 Construction 21,160 4,585121 words
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Article111 2011-09-16 8 Stock name Close Change CapMallsAsia 1.285 -0.015 CapitaLand 2.550 CapitaMall 1.865 -0.015 CityDev 9.980 -0.010 ComfortDelGro 1.325 -0.005 DBS Grp 12.370 +0.210 F&N 5.770 +0.080 GLP 1.685 +0.010 Genting SP 1.690 +0.020 Golden Agri 0.665 -0.005 HK Land 4.900 -0.080 JMH 49.900 +0.690 JSH 27.620 +0.100111 words
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Article66 2011-09-16 8 Sep 15 VALUE CLOSE BT OB/OS -422.00 +155.0 BT CADI -*****.00 +60.0 BT 10-day MA -*****.00 -42.00 FTSE ST Mid Cap 641.53 +2.56 FTSE ST Small Cap 436.23 +0.20 FTSE ST All Share 670.53 +5.51 FTSE ST China Top 199.11 +0.70 FTSE ST China 232.96 +0.17 FTSE66 words
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Article59 2011-09-16 8 VOLUME Genting SP 100,585,000 Golden Agri 63,028,000 GMG Global 39,572,000 Sheng Siong 37,899,000 SingTel 37,318,000 Noble Grp 35,774,000 AusGroup 26,654,000 HPH Trust US$ 21,566,000 ChinaNTown 19,357,000 SembMar 16,910,000 VALUE($) Genting SP 169,742,460 SingTel 114,410,038 DBS Grp 91,889,424 SembMar 63,937,206 Noble Grp 55,658,671 Keppel Corp 55,186,270 UOB 53,563,37059 words
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BROKERS’ TAKE
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Article360 2011-09-16 8 Sept 15 close: S$3.92 KIM ENG RESEARCH, Sept 15 SIA Engineering’s share price has declined to hit our bearish target of $3.66 before recovering again. On valuation grounds, there is justification to upgrade the stock to “hold” at current prices, supported by an attractive dividend yield of 5.4360 words
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Article, Illustration422 2011-09-16 8 CONRAD TAN - Compiled by CONRAD TAN Sept 15 close: $0.665 OCBC INVESTMENT RESEARCH, Sept 15 GOLDEN Agri-Resources which recently put out another strong set of results in Q2 2011, could continue to post positive earnings surprises in Q3, buoyed by still-resilient crude palm oil (CPO) prices, the fairly inelastic demandSource: Bloomberg - 422 words
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Article122 2011-09-16 8 Ebit earnings before interest and tax Ebitda earnings before interest, tax, depreciation and amortisation EPS earnings per share FY fiscal/financial year H1, H2 first or second half m-o-m month on month NAV net asset value 9M nine months P/B price/book value (ratio) PE price/earnings (ratio) Q1, Q2, Q3 first,122 words
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Article, Illustration432 2011-09-16 8 CURRENCIES Reuters AFP [NEW YORK] The euro jumped against the dollar after the European Central Bank said that it would, alongside other major central banks, re-launch three-month dollar liquidity operations in the fourth quarter to ease funding squeeze for European banks. TheReuters; AFP; REUTERS - 432 words
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Article117 2011-09-16 8 BY CENTS CLOSE UP IS S&P500 ***** 391.1 2.7 IS DJ US Tech 6020 363.7 5.1 DBXT E50 10US$ 3242 234.2 6.2 DBXT Nifty 10US$ ***** 213.0 1.6 JMH 4990 85.9 1.4 DBXT MSEurope 10US$ 3764 79.7 1.7 Lyxor AsiaIT 10US$ 2275 63.5 2.3 DBXT SPASX200 10US$ 3105 62.3117 words
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Article124 2011-09-16 8 BY CENTS CLOSE DOWN Lyxor AsiaMT 10US$ 5673-264.0 -3.6 GLD 10US$ *****-199.3 -0.9 DBXT S&P Short 10US$ 4529-135.8 -2.4 DBXT FTVietnam 10US$ 2701 -97.2 -2.8 Lyxor EmergingMkts 1 975 -93.4 -7.1 Lyxor LatinAmerica 1 745 -72.2 -7.2 Jardine C&C 4214 -64.0 -1.5 DBXT DBLCI-OY 5US$ 4284 -52.3 -1.0 Lyxor124 words
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Advertisement129 2011-09-16 9 www.vw.com.sg Upgrade to First Class motoring. B T 4. U-: w-. $W! n^iSiSi :.P- iS&Si .\v «r <38? ISPS LL s£ ESS V ':•><.• V Li SiS5?4?sa®M New Jetta from just $109,800. The Jetta, Jetta Comfort and Jetta Sport have arrived. Quality German engineering is now available at an equally129 words
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Advertisement227 2011-09-16 10 THE STRAITS TIMES. _SXB4' 1 V V V V M t £< Print. THE STRAITS TIMES. ($24.65 per month) A I i *1 Online. ST Online ($26.65 per month) k 1. r <.L iPad/iPhone. App (US$27.99 per month**) (est. $35 per month) We're fetching you an All-in-One news experience for227 words
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Advertisement23 2011-09-16 11 CANALI available at PARAGON SHOPPING CENTRE Tel: 6235 6588 LUXURY FASHION AT RESORTS WORLD™ SENTOSA Tel: 6723 8015 c i J m C*23 words
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Advertisement42 2011-09-16 11 -7 3lStoreys>. Pool f+J Basement JJGaralel NeWj: Free! Hold '5,21 709 psf JERRY LUM Snr Marketing Director, MBA, CES CEA Licence no: R *****6 D HP: 8288 0098 View: jerrylum.myweb.sg EKA Estate Agent Licence No L*****82K When You Buy, Sell, or Rent42 words
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SINGAPORE NEWS
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Article, Illustration660 2011-09-16 12 MINDY TAN - Plots in Punggol, Yishun, Bishan, Chestnut Ave could yield 1,955 units By MINDY TAN GOVERNMENT agencies yesterday launched four 99-year leasehold condominium residential sites for sale by tender, which can potentially yield up to 1,955 housing units. Of the three land parcels launched by660 words
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246 2011-09-16 12 SINGAPORE-BASED Global Schools Foundation (GSF) announced a US$150 million expansion plan to set up 50 new international schools in South-east Asia, Middle East, India, South Korea and China. The first of these new schools will be strategically located in Bangalore, Noida, Ahmedabad246 words
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561 2011-09-16 12 KELLY TAY - By KELLY TAY COMPANIES may be doing themselves and their new hires a disservice when they lure inexperienced young executives to leadership positions, using promises of promotions and higher pay scales. Such opportunistic career moves, or “quick wins”, where executives561 words
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367 2011-09-16 12 GUANGZHOU Knowledge City, a bilateral project between Singapore and China, took another stride forward yesterday with the incorporation of a joint-venture (JV) company in Guangzhou and the appointment of its first board of directors. Sino-Singapore Guangzhou Knowledge City Investment and367 words
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Article, Illustration501 2011-09-16 12 MINDY TAN - By MINDY TAN WHILE women are increasingly entering previously male-dominated industries in Asia, more has to be done to increase gender diversity in the region. Delivering the keynote opening address at Deutsche Bank’s inaugural Women in Asian Business Conference in Singapore, Anshu Jain, head501 words
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220 2011-09-16 12 SINGAPORE will see its first ever Parks Festival celebrated at various National Parks starting on Saturday. Scheduled to start in conjunction with World Park’s Day, the National Parks Board (NParks) hopes the nine-day festival will help its ongoing effort to integrate parks into220 words
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188 2011-09-16 12 THE Housing Development Board (HDB) has awarded the tender for the first ever solar leasing project, which will eventually help power the common areas of 45 HDB blocks in Punggol. HDB said in a statement yesterday that solar system developer Sunseap Enterprises, will188 words
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Advertisement166 2011-09-16 12 iBEALSTAR |»THE 1 LEADINGiBUNGALOW.SPECIALIST 1 10 Mjctoria Park tU:'32~ooosqft appx B:is6oosqft appx. „jSrand mansioffjwith 2 annexes sitting over Ostentious land space View to appreciate! (I 5 mi 11 ii iin 1111 in 11 T6iQQlOQ8Q] U?NofLMoS63Sr -Olive Road ***** 6800 ask $18.5M (Sole Agent) Cluny ***** 9000 ask $28.5M hird Ave166 words
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Advertisement2727 2011-09-16 13 2 GREAT YEARS OF SINGAPORE M BUILDING GREEN PRESIDENT'S MESSAGE MRTAI LEE SIANG, SGBC PRESIDENT It is with great pleasure that SGBC celebrates our 2 nd anniversary. Over the past 2 years, we have worked hard to galvanise Singapore's building and construction industry towards greater environmental sustainability, and I am2,727 words
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ECONOMY WATCH
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Article, Illustration601 2011-09-16 14 Global economy in peril unless US, Europe, Japan face up to responsibilities Reuters [WASHINGTON] World Bank president Robert Zoellick warned again on Wednesday that the world had entered a new economic danger zone and Europe, Japan and the United States all needed to make hardReuters; AFP - 601 words
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403 2011-09-16 14 Bloomberg [MADRID] The European Union (EU) cut its quarterly growth forecasts for the second half to reflect a worsening outlook from the debt crisis and warned the euro area economy may come “close to standstill at year-end”. The 17-nation euro regionBloomberg - 403 words
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551 2011-09-16 14 Proposals not yet made for issues such as footwear, dairy Reuters [CHICAGO] The United States has yet to outline ideas for protecting workers’ rights or reining in state-owned enterprises in a proposed Trans-Pacific trade pact, despite a mid-November deadline to reach “broad outlines”Reuters - 551 words
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Advertisement349 2011-09-16 14 GALLOP PARK GCBForSALEft for the Privileged Few Land 18,855 sqft 4 En-Suite Bedrms, a Study and a Maid's rm Swimming Pool, Koi Pond Newly-Renovated with Quality Finishes Private Yet Open, Cul-De-Sac Architectural Masterpiece Heritage Tree/Hill/Lush Greenery Freehold Landed Ppty near MRT Great for Entertaining Guests Lovely Home for your Family349 words
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MALAYSIA/INDONESIA
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573 2011-09-16 15 S JAYASANKARAN - Ex-civil servant testifies in court in Port Klang case By in Kuala S JAYASANKARAN in Kuala Lumpur FORMER transport minister Ling Liong Sik had approved a RM1.088 billion (S$438 million) land buy for the Port Klang Free Zone (PKFZ) project before the573 words
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Article, Illustration508 2011-09-16 15 PAULINE NG - Listed firms to ensure that women make up 30% of their boards by 2016 By in PAULINE NG in Kuala Lumpur MALAYSIA’S Securities Commission will soon mandate that both listed and soon-to-be-listed companies state their plans to ensure that women508 words
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134 2011-09-16 15 Bloomberg [JAKARTA] The Indonesian government is preparing a stimulus package that it may implement in the first half of 2012 should the global economy worsen and hurt growth in South-east Asia’s largest economy, the government said yesterday. “The stimulus will be a combination of policy andBloomberg - 134 words
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Advertisement190 2011-09-16 15 r ill ~5§SS5g V Swiss quality also stands for innovation. Ensuring your success with global mailings. Swiss Post offers you cross-border mailing options to make your business even more successful. You can count on us for business correspondence, direct mailings, newspapers, magazines and small consignments. With our flexibility, innovativeness and190 words
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GREATER CHINA/INDIA
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Article, Illustration581 2011-09-16 16 Country can maintain prices at a stable level for the next stage: NDRC official Reuters [BEIJING] China’s inflation has reached a “turning point” and is likely to fall steadily in the coming months due to the government’s tightening campaign and favourable baseReuters - 581 words
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528 2011-09-16 16 Reuters [HONG KONG] Europe-fo-cused Esprit Holdings Ltd, Asia’s No 6 apparel and accessories retailer by market value, yesterday posted a 98 per cent drop in full-year net profit as restructuring costs and store closures hit. Esprit, whose competitors include Swedish clothing retailer Hennes MauritzReuters - 528 words
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572 2011-09-16 16 Reuters [KABUL] Despite increasing insecurity in Afghanistan and gun battles with Taliban rebels in the capital Kabul, Indian firms are bidding billions of dollars for a contract to mine iron ore in a central district of the country. A consortium led by state-runReuters - 572 words
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Advertisement997 2011-09-16 16 IN THE MATTER OF THE COMPANIES ACT, (CHAPTER 50) PURSUANT TO SECTION 290(1)(b) At an Extraordinary General Meeting of J-PILE SISTEM PTE. LTD. (Company Registration No. *****5913H) duly convened on 9 September 2011, the following resolutions set out below were duly passed AS SPECIAL RESOLUTIONS “a)That the Company be wound997 words
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Advertisement1700 2011-09-16 16 :*ATci NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg NOTICE OF FINAL MEETING IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF ASIA TOWERS PTE. LTD. (IN MEMBERS' VOLUNTARY LIQUIDATION) (REGISTRATION NO. *****0986C) NOTICE IS HEREBY GIVEN that the Final General Meeting of the members of the1,700 words
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Advertisement6 2011-09-16 17 Business Times, Friday, September 16, 20116 words
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WORLD
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602 2011-09-16 18 ANTHONY ROWLEY - Seoul attacks Tokyo claims that Korea is trying to depress won against yen By ANTHONY ROWLEY in Tokyo FRESH shots were fired yesterday in the mini currency war between Japan and South Korea as Japanese Prime Minister Yoshihiko Noda pledged to take “decisive”602 words
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Article, Illustration692 2011-09-16 18 Bloomberg [FRANKFURT] Maserati SpA’s new sport-utility vehicle was one of the most sought-after models at the Frankfurt car show this week and Ferrari SpA predicted record sales as executives said that ultra-luxu-ry remains recessionproof. “If you go to the Ferrari stand, there aren’t any customers worriedBloomberg; BLOOMBERG - 692 words
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551 2011-09-16 18 Cash distribution, management issues were left untouched Reuters [ANAHEIM, California] A rising tide of investor agitation over Microsoft Corp’s static share price and bulging cash hoard made no mark at the software company’s annual meeting with Wall Street analysts and fund managers onReuters - 551 words
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Article, Illustration803 2011-09-16 19 Fear that party may field hardliner who’ll alienate crucial moderate voters Reuters [WASHINGTON] The Republican Party’s traditional kingmakers are losing a battle with anti-government Tea Party populists to choose the candidate who will challenge President Barack Obama in the November 2012 election.Reuters; AFP - 803 words
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Article, Illustration603 2011-09-16 20 Consumer price index had increased 0.4% after a 0.5% gain in July: data LATEST US DATA Bloomberg [WASHINGTON] The cost of living in the US rose more than forecast in August as consumers paid more for food, energy and housing. TheBloomberg; AFP - 603 words
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494 2011-09-16 20 Reuters [WROCLAW, Poland] European Union countries that want to bail out struggling banks will continue to have leeway to do so, the official in charge of enforcing antitrust rules said yesterday, promising to keep rules flexible into next year. Competition commissionerReuters - 494 words
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417 2011-09-16 20 Bloomberg AFP [MADRID] Spain sold 3.95 billion euros (S$6.8 billion) of bonds, just below its maximum target, and demand for the securities rose as the European Central Bank (ECB) supports the nation’s debt market. The Treasury sold bonds due on OctBloomberg; AFP - 417 words
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314 2011-09-16 20 Reuters [ATHENS] Greece will be stuck in recession for a fourth consecutive year in 2012, its finance minister said yesterday, revising previous government estimates that the downturn would bottom out this year. The decline in economic activity, made worse by austerity measures aimed atReuters - 314 words
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Article, Illustration377 2011-09-16 20 PETER THAL LARSEN - By PETER THAL LARSEN REUTERS BREAKINGVIEWS OSWALD Gruebel must be regretting the day he agreed to take the helm at UBS. A US$2 billion shock loss, apparently the fault of a single rogue trader, has dealt a huge blow to the Swiss bank’s post-crisisREUTERS - 377 words
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Article, Illustration528 2011-09-16 20 Reuters [CANBERRA] Australia’s government yesterday unveiled laws allowing lenders to issue covered bonds for the first time, hoping to help counter mounting financial turmoil overseas by increasing borrowing options for major banks and other institutions. Australia’s so-called “big four” banks all inReuters - 528 words
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567 2011-09-16 21 They may have used confidential info to trade in Washington Mutual’s debt NYT [NEW YORK] There have long been whispers on Wall Street that hedge funds have hijacked the bankruptcy process, using their influence as debtholders to obtain and trade onNYT - 567 words
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Article, Illustration668 2011-09-16 21 BP solely to blame for 21 of 35 causes and shared blame for 8 more: report Reuters [HOUSTON] The United States on Wednesday heaped the lion’s share of blame for the country’s biggest ever offshore oil spill on BP as theReuters; REUTERS - 668 words
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431 2011-09-16 21 Bloomberg [LONDON] Young people are bearing the brunt of Britain’s faltering recovery, leaving them at risk of lasting damage as they struggle to gain a foothold in the workplace, economists and charities said. As concern over the magnitude of government spending cuts mounts,Bloomberg - 431 words
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Advertisement8 2011-09-16 18 MPAS MAGAZINE AWARDS 2011 BEST USE OF PHOTOGRAPHY/ILLUSTRATION8 words
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Advertisement116 2011-09-16 18 913FM TODIIV'S BESTMUS1C MEET LEWIS HAMILTON AND WIN EXCLUSIVE 6P WALKABOUT TICKETS AND A PAIR OF REEBOK ZIGTECH RUNNING SHOES TUNE IN TO 91.3FM OR LOG ONTO WWW.RADI0913.COM FOR MORE DETAILS Reebok NOTICE OF INTENTION TO DECLARE PREFERENTIAL DIVIDEND Name of company At-Life Pte. Ltd. (In Creditors’ Voluntary Liquidation) (Company116 words
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Page 19 Advertisements
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Advertisement2173 2011-09-16 19 BUY IT-SELL IT-FIND IT MATS Q Toll free: 1800-289-8822 Email: notices@sph.com.sg NOTICES GLL IHT PTE. LTD. (Incorporated in the Republic of Singapore) (Company Registration No. *****0473D) S$1,500,000,000 Multicurrency Medium Term Note Programme Unconditionally and irrevocably guaranteed by INCREASE IN THE MULTICURRENCY MEDIUM TERM NOTE PROGRAMME LIMIT OF GLL IHT PTE.2,173 words
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Advertisement1591 2011-09-16 19 I ACADEMY FINANC? GLOBAL RESOURCES INVESTING 28 OCTOBER, SINGAPORE, HOTEL ST REGIS Gold and precious metals at peak prices? The future of gold in view of fiscal monetary issues in a 2012 US election year Gold, silver, copper, cobalt, indium: how to select the winners and generate outstanding returns? Dr.1,591 words
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Advertisement37 2011-09-16 20 tabla! THE HEARTBEAT OF THE INDIAN COMMUNITY the write K man Exclusive interview with Amitav Ghosh VIDYA GETS INTO SILK i SMITHA MODE <* 4 pg K GET YOUR COPY TODAY FROM ALL 7-ELEVEN OUTLETS WHILE STOCKS LAST37 words
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Page 21 Advertisements
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Advertisement88 2011-09-16 21 THE SME MAGAZINE PRESENTS STAYINGONCOURSE Making the best of uncertain market conditions Withanuncertainworldeconomyanddwindlingconsumers’confidence,businessesfacehuge challengesahead.JoinusforthissessionasMichaelMa,GroupCEOandFounderofIndoChine Groupshareshisexperienceonhowheturnedadversityintoadvantagebystartingup duringtheAsianfinancialcrisisandweatheringtheSARSslowdown. TheIndoChine Groupowns26food&beverageoutletsintheregionandaresortinPhuket. MichaelJenkins,CEOofRoffeyParkInstitute(Europe&Asia)willalsoshareon howcompaniescanimplementcreativesolutionsandoptimiseresourcesto achieveapositiveperformanceinrelationtotheroughroadahead.RoffeyPark isanestablishedUKmanagementandleadershipinstitutewidelyrecognised foritsexpertiseandexperienceinprovidinghighimpactdevelopment programmesforindividualsandorganisations. Date: Oct 13 (Thursday), 6.45pm Venue: Grand Park City Hall (Coleman Street), Grand Ballroom Cost: $30 per person (inclusive of light dinner) Michael Ma Group CEO88 words
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Advertisement0 2011-09-16 21 ]}~$?(',{}@~*~"/:}])>*}\>~.;,__0 words
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EDITORIAL & OPINION
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465 2011-09-16 22 EDITORIAL PRACTICAL. Pragmatic. These hallmarks of the Singapore Exchange (SGX) are clearly in evidence in the latest round of changes to listing rules that it has just announced. The amendments address a thorny issue with due care and circumspection. They take into account feedback from465 words
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879 2011-09-16 22 JONATHAN WEIL - THE BOTTOM LINE By JONATHAN WEIL The writer is a Bloomberg View columnist. The opinions expressed are his own. Bloomberg THE last time the world had a major banking crisis, fair-value accounting rules were near the top of the list of scapegoatsBloomberg - 879 words
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Article, Illustration908 2011-09-16 22 Daniel Gros - Europe needs a mechanism that allows intervention when the capital market breaks down By Daniel Gros in Brussels The writer is director of the Center for European Policy Studies Project Syndicate Ir(tpslkspNTEREST rates are now close to zero throughout the developed worldProject Syndicate; AP - 908 words
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Article, Illustration1100 2011-09-16 23 MADHU VERMA - Companies will find that offering their business expertise to social causes can be more rewarding than donating cash By MADHU VERMA The writer is a social entrepreneur. She has previously worked with Microsoft in India and Oxfam New Zealand. She now lives in SingaporeAFP - 1,100 words
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Article, Illustration765 2011-09-16 23 MARTIN HUTCHINSON - By MARTIN HUTCHINSON REUTERS BREAKINGVIEWS REGIONAL comparisons suggest Greek living standards have risen far beyond productivity since it joined the European Union (EU), making austerity inadequate to rebalance the economy. Drachmaisation would allow market forces to set Greek wage levels, induceREUTERS - 765 words
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114 2011-09-16 23 Tan Hwa Lian - LETTER TO THE EDITOR Tan Hwa Lian Executive Director Hotel Grand Central Ltd I REFER to your article “Hotel Grand Central receives settlement” (BT, Sept 15). In the last sentence of the article, you have written: “If a replacement for the demolished property is not114 words
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Page 23 Advertisements
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Advertisement17 2011-09-16 23 Pacify the Raging Bull Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Apology Notices NOTICES17 words
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AVIATION/SHIPPING
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Article, Illustration336 2011-09-16 24 LYNN KAN - 10 Asia-based cruise terminal operators to conduct consumer surveys By LYNN KAN [SINGAPORE] Asian cruise terminals are trying to turn themselves into “one-stop shops” to woo more cruise lines to the region. To do so, they will strike up alliances with companies336 words
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Article, Illustration66 2011-09-16 24 [SINGAPORE] Changi Airport yesterday welcomed IndiGo, India’s largest low-cost carrier. IndiGo’s inaugural daily flight, using its A320 jets with 180-seat capacity in a single-class configuration, from New Delhi touched down shortly after 3 pm yesterday. Next month, the airline will start flights from Singapore to Mumbai.66 words
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486 2011-09-16 24 Reuters [LONDON] The dry bulk shipping industry will face more pressure in the coming months as owners struggle with a growing glut of vessels and a global economic slowdown, a top ship industry official said on Wednesday. “The situation is very difficult and quiteReuters - 486 words
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975 2011-09-16 24 Bloomberg [ATLANTA] Sagging cargo shipments in the belly of passenger jets at carriers such as United Continental Holdings and Delta Air Lines are stoking concern that the US economy risks a double-dip recession. United’s cargo traffic plunged 17 per cent in August for theBloomberg - 975 words
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344 2011-09-16 24 Reuters [SINGAPORE] BOC Aviation is not bidding for the aviation arm of the Royal Bank of Scotland, its chief executive said yesterday, shrugging off speculation that it could be a potential buyer. BOC Aviation, an arm of Bank of China,Reuters - 344 words
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549 2011-09-16 24 Reuters [MUMBAI] Kingfisher Airlines Ltd, controlled by liquor baron Vijay Mallya, needs to infuse required funds to continue as a “going concern”, its auditor has said, raising concerns about the future of the loss-making carrier. The auditors, BK Ramadhyani Co, in its report,Reuters - 549 words
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388 2011-09-16 24 It may get jet fuel on credit to help ease a cash crunch Bloomberg [MUMBAI] Directors for Air India Ltd, the money-losing carrier getting jet fuel on credit, were scheduled to meet yesterday to discuss delivery and operations plans for its Boeing Co 787Bloomberg - 388 words
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Article278 2011-09-16 24 SGX '000 Sep 15 S$ +/-Vol CH Offshore 0.40 0.01 118 Chuan Hup Hldg 0.20 -0.01 36 Cosco Corp 1.03 0.01 ***** CWT Ltd 1.04 0.01 134 Ezra Hldgs 0.93 unch 5849 First Ship Lea 0.30 0.01 1217 Freight Links 0.06 unch 853 Grand Banks unch unch 0278 words
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SINGAPORE STOCKS
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Article7991 2011-09-16 25 Transaction date: Sep 15 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 12.5 -0.5 18 12.5 12.5 12.6 13 7.8 4.9 2.6 59.9 9.5 4.5 A-Sonic 5 unch 257,991 words
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Article1488 2011-09-16 26 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 13.7 t 800 Super 15.9 -0.1 11 15.9 14.5 14.5 15.9 4.7 3.5 6.2 28.4 5.5 3.7 t AA Grp 4 2.7 41,488 words
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Article10072 2011-09-16 26 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.21/ APS Alpha Fund (USD)!** 0.97/ 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 0.5751/ Asian Credit Fund10,072 words
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Article230 2011-09-16 26 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 56 34 AVJennings A46cd 36 46 3.6 7.6 3.7 119.8 55 29.5 Genting HK US$ US33 -0.5 ***** 34.5 33 33 33.5 2172.9 20.5 10 OGL Resources230 words
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Article842 2011-09-16 26 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 130 108 ABF SG Bond ETF 125 115 125 570.6 1261 950 CIMBAsean40 100US$ US964 -1 72 975 963 971 976 38.6 350 276 DBS STI842 words
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FINANCE & COMMODITIES
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374 2011-09-16 27 In local curr In S$ In US$ dy yr dy yr dy yr Sep 14 Index Change Change Change Change Change Change World Index Preliminary 789.1 0.4 -12.1 0.8 -13.4 0.3 -11.1 EAFE Preliminary 654.1 0.6 -18.3 0.9 -18.5 0.4 -16.3 Europe Preliminary 952.4 1.6374 words
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Article77 2011-09-16 27 CRUDE OIL PRODUCTS Sep 14 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 109.17 -0.75 WTI (Near Mth) 88.86 -1.00 Dubai (1-Mth F) 105.13 -0.29 Tapis blend 119.76 -0.88 Minas 113.81 -0.88 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 104.61 0.28 Jet Kerosene 122.60 -0.35 US$/barrel Opec Oil77 words
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Article107 2011-09-16 27 Sep 14 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Sep 11 1374.00 1381.25 1385.00 1373.00 Nov 11 1382.75 1391.75 1396.25 1377.25 Jan 12 1393.75 1402.50 1407.50 1388.00 Mar 12 1400.75 1409.50 1414.50 1396.50 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Sep 11 56.75107 words
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Article75 2011-09-16 27 Sep 15 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****H 15.12.2011 0.18 1-Year BY*****X 02.05.2012 0.19 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year NX*****Z 2.250 01.07.2013 103.82 103.86 103.86 5-Year N*****0W 1.125 01.04.2016 102.90 10-Year NX*****X75 words
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Article460 2011-09-16 27 Sep 15 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Sep11 99.6400 0 2500 Dec11 99.4650 0 3026 Mar12 99.4550 0 1325 Jun12 99.4700 0 1446 EUROYEN TIBOR FUTURES Sep11 99.6700 99.6700 99.6700 99.6700 150 1747 Dec11 99.6800 0 2016 Mar12 99.6800 0 2338 Jun12 99.6925 99.6925460 words
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Article174 2011-09-16 27 Sep 15 SICOM RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Oct 11 466.9 464.0 466.0 6 371 Nov 11 466.0 466.0 466.0 14 313 Dec 11 467.2 512 Jan 12 467.5 467.5 468.2 2 338 Feb 12 469.7174 words
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Article, Illustration104 2011-09-16 27 As on 14 September 2011 www.smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE PREV CLOSE PRECIOUS METALS Silver DEC-11 41.245 40.360 40.965 41.19 Gold DEC-11 1836.50 1829.20 1830.40 1830 CURRENCY GBP-US Dollar SEP-11 1.5787 1.5761 1.5779 1.5813 Euro-US Dollar SEP-11 1.3773 1.3590 1.3768 1.3724 US Dollar-Jap Yen SEP-11 76.98104 words
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Article121 2011-09-16 27 As at 9am Sep 15 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.306 1.244 Can dollar 1.278 1.229 Euro 1.738 1.672 Sterling pound 1.994 1.918 NZ dollar 1.044 0.995 US dollar 1.26 1.212 Local dollars to 100 units of foreign121 words
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Article29 2011-09-16 27 Sep 15 Open High Sett STI Sep 2751 2751 2766 SIMSCI Sep 316.2 319.9 319.0 Taiwan Sep 255.8 263.7 262.8 Source: MF Global (S) Pte Ltd29 words
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2182 2011-09-16 27 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 6 1 150 37 19.00 32 ASJ Hldgs W*****1 0.5 1 4 18 7.60 5 AlliedTech W*****2 1.7 1 4 26 Aztech Grp W*****3 0.6 1 20 792,182 words
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Article154 2011-09-16 27 Sep 15 $S Offer Bid 0vernight 0.02 par 1-month 3/16 1/16 2-months 3/16 1/16 3-months 1/4 1/8 Overnight mode: 0.03 US$ 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 0.90 0.70 12154 words
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Article464 2011-09-16 27 Sep 15 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.017 6.554 0.745 8.001 48.989 89.779 0.787 11.430 3.178 1.254 90.010 44.436 1.278 7.595 0.901 30.400 31.084 0.651 1.026 Canada 0.983 6.443464 words
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Article85 2011-09-16 27 Sep 15 (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$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths -0.***** 9 mths 0.***** 12 mths85 words
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Article138 2011-09-16 27 Sep 15 GOLD (US$/oz) Sep 14 Sep 15 Hong Kong 1833.00 1813.00 Sep 14 Sep 13 London 1821.89 1823.49 1823.40 1824.80 Source: Thomson Reuters CAST BAR Sep 15 (S$) Selling Buying Kilobar 78,199.88 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 175 73 5gm 497 364 10gm 888138 words
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Article69 2011-09-16 27 Sep 14 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2324.00 2335.30 3 months 2359.00 2370.00 Copper, Grade A (US$/tonne) Cash 8603.25 8745.00 3 months 8630.00 8770.00 Lead (US$/tonne) Cash 2360.75 2410.00 3 months 2343.00 2389.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.0069 words
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Article154 2011-09-16 27 Sep 15 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2776 1.2788 1.0258 1.0263 Canadian dollar 1.2559 1.2571 1.0084 1.0089 Euro 1.7143 1.7156 1.3764 1.3769 NZ dollar 1.0188 1.0199 0.8180 0.8185 Sterling pound 1.9632 1.9646 1.5762 1.5767154 words
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Article22 2011-09-16 27 Sep 15 S$ Bid Offer 1-month 1.2455 1.2460 2-months 1.2453 1.2460 3-months 1.2447 1.2454 6-months 1.2420 1.2429 Source: OCBC22 words
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Article53 2011-09-16 27 Sep 15 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Sep 11 3105 1456 Oct 11 3082 3099 3116 3079 2646 8090 Nov 11 3047 3078 3087 3036 ***** ***** Dec 11 3040 3070 3079 3029 9398 *****53 words
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Article82 2011-09-16 27 Sep 14 COCOA (£/tonne) Close Prev High/Low Sep 11 1786 1809 1822/1786 Dec 11 1823 1850 1862/1822 Mar 12 1854 1880 1890/1852 May 12 1870 1895 1905/1868 COFFEE (US$/tonne) Close Pev High/Low Sep 11 2050 2101 2073/2053 Nov 11 2086 2144 2137/2084 Jan 12 2110 2169 2163/2110 Mar 1282 words
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5373 2011-09-16 28 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 Destination5,373 words
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Page 28 Advertisements
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Advertisement131 2011-09-16 28 MARKET BUZZ With the recent delivery of the 85,676 GT container vessel “Santa Rosa” to Hamburg Süd,Germanischer Lloyd (GL) has exceeded the 100 million GT mark. This brings the number of vessels under GL’s technical attendance to more than 7,200 worldwide, doubling its fleet within six years. Leveraging on over131 words
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Advertisement40 2011-09-16 28 PLACE YOUR AD HERE THE BUSINESS TIMES SHIPPING TIMES CALL JOE WONG AT 9620 1327 D IN RI d th FI CL th Sh rv PP 9 y y THE BUSINESS TIIVIES SHIRRING TIIVIES JOE WOISIG AT 9620 1 32740 words
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Page 29 Advertisements
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Advertisement28 2011-09-16 29 FREIGHT FORWARDER urgently needed by shippers TO ADVERTISE, CALL JOE WONG AT 9620 Can they find your services here in the Shipping Times? THE BUSINESS TIMES SHIPPING TIMES28 words
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Advertisement18 2011-09-16 29 USE THIS SPACE TO SELL CALL JOE WONG AT 9620 1327 TO ADVERTISE THE BUSINESS TIMES SHIPPING TIMES18 words
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executive lifestyle
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Article, Illustration2403 2011-09-16 30 MELISSA LWEE-RAMSAY - Megaclubs are under siege from smaller, more exclusive clubs which are chipping away at their chi-chi clientele, exclusive megaclubs vs reports MELISSA LWEE-RAMSAY SIZE matters or doesn’t it? In Singapore’s party scene, where bigger used to be better, the opposite is now true as2,403 words
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CINEMA
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Article, Illustration546 2011-09-16 31 DYLAN TAN - Rowan Atkinson’s Johnny English Reborn is Mr Bean Redux, writes DYLAN TAN PEOPLEdon’tsaylaughter is the best medicine for no reason. It’s probably why in some clinic waiting rooms, you’ll find episodesof Mr Bean playing silently on repeat. The character’s popularity has turned its creator, British comedian Rowan Atkinson, into546 words
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Article, Illustration710 2011-09-16 31 NATALIE KOH - By NATALIE KOH MANGA, or Japanese comics, might be read by people of all ages today, but in the 1950s, they were mostly targeted at children, which led to a sense of frustration for a group of manga artists who wanted to take on more serious,710 words
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Article, Illustration522 2011-09-16 31 DYLAN TAN - By DYLAN TAN LIKE last year’s ultra-violent The Man From Nowhere, I Saw The Devil is a blood-red Korean revenge thriller that is both sick and stylish. The plot sounds deceptively like those straight-to-video cheapies that star has-been Hollywood action hero JeanClaude Van Damme now makesPHOTOS: LUNA FILMS - 522 words
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Article, Illustration336 2011-09-16 31 DYLAN TAN - By DYLAN TAN ON PAPER, local filmmaker Eric Khoo’s latest movieTatsumi might sound like a fan boy tribute to a little known manga artist. After all, the name Yoshihiro Tatsumi hardly rings a bell even back in his native country and is probably known only336 words
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ENTERTAINMENT/BOOKS
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Article, Illustration685 2011-09-16 32 STEPHANIE RIADY - BOOK REVIEW By STEPHANIE RIADY WHEN Friedrich Nietzsche first learnt how to operate his Mallinger-Hansen typewriter back in 1882, his closest friend Koselitz noticed a subtle change in his change style of writing. “Perhaps you will through this instrument even take to aBLOOMBERG - 685 words
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Article, Illustration875 2011-09-16 32 CHRISTOPHER LIM - Greek keyboardist-composer Yiannis Hrysomallis, or Yanni, is a master of the live gig and is heading here after a sellout debut more than 15 years ago, CD REVIEW previews CHRISTOPHER LIM IN 1995, Yanni fans who missed the New Age musician’s two-night sold-out concerts at875 words
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Article, Illustration490 2011-09-16 32 LEE KIM SIANG - GAMING REVIEW By LEE KIM SIANG SAY what you will about Deus Ex: Human Revolution (DE:HR), but there’s no denying that the game is a masterful blend of action and role-playing. DE: HR is the prequel to the celebrated 2000 original Deus490 words
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ARTS
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AROUNDTOWN
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Article, Illustration134 2011-09-16 33 THE world can be a pretty frightening place, so much that sometimes, you wish you could hide your eyes from the chaos of your life. Taiwanese artist Jui-Ping Chang can certainly relate. Hence her latest exhibition Diary of Adventures The Bucket Men (right). To the London-based artist,134 words
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Article205 2011-09-16 33 Celebrating the 30th year of partnership between Hugo Boss and McLaren, the longest between a team and a sponsor in motor racing, a special exhibition will be showcased in anticipation of the upcoming F1 weekend. Featuring the world of “style and speed”, the audience will get a chance205 words
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Article72 2011-09-16 33 NATALIE KOH - Compiled by NATALIE KOH To celebrate its 220th anniversary, Girard-Perregaux is setting up a worldwide travelling exhibition of exceptional timepieces from its museum collection which also features rare contemporary watches. Singapore will be the first to see the exhibition. One of the highlights will be the72 words
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Article, Illustration658 2011-09-16 33 MADHVI SUBRAHMANIAN - Indonesian artist Tommy Wondra exalts common wires and cables of everyday life to a paean in acrylic, writes MADHVI SUBRAHMANIAN PAINTING is not as popular as it used to be, given how installations, performance and video art seem to be all the rage now. Once the central658 words
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ARTS/WINE
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Article, Illustration549 2011-09-16 34 CHEAH UI-HOON - By CHEAH UI-HOON HE spent four years in Singapore, with the monumental task of laying out the foundations of a new British settlement. In contrast, his superior who signed the deal which obtained the island from Johor, was in Singapore for only a few months. As549 words
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Article, Illustration991 2011-09-16 34 CHEAH UI-HOON - By CHEAH UI-HOON SINGAPORE’S pioneer printmaker and Cultural Medallion winner Ch’ng Seok Tin doesn’t necessarily have to associate herself with disabled artists which tends to bring to mind the kind of art on charity greeting cards but she does so with a generous spirit and empathy. Having forgedPHOTOS: CH'NG SEOK TIN - 991 words
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Article, Illustration800 2011-09-16 34 CHEAH UI-HOON - Two home-grown artists fly the Singapore banner high overseas, reports CHEAH UI-HOON reports CHEAH UI-HOON OVERWHELMED,but overjoyed that’s what the two artists flying Singapore’s flag overseas are now feeling. Visual artist Kumari Nahappan relates how she’s been inundated with interview requests by the Chinese media since being namedPHOTOS: XINHUA, VENICE FILM FESTIVAL - 800 words
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Article, Illustration1135 2011-09-16 34 N K YONG - WINE By N K YONG MOST Burgundy addicts will almost certainly in the course of their exploration of the world of Burgundy come across the name of “Hospices de Beaune”. It was founded in August 1943 by the Duke’s Chancellor, Nicolas Rolin and his wife1,135 words
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ARTS
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Article, Illustration553 2011-09-16 35 NATALIE KOH - PREVIEWS By NATALIE KOH WHEN it comes to classic ballet, there are those that constantly need to be updated to cater to modern tastes, and there are those that thrill audiences in their original form for generations on end. Don Quixote which marks The Mariinsky Ballet’s SingaporeTHE MARIINSKY BALLET - 553 words
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Article, Illustration613 2011-09-16 35 NATALIE KOH - By NATALIE KOH TAMMY Wong might be a recognised name in the dance world, being the head of dance at the Lasalle College of the Arts until last year and founder of the now defunct Tammy L. Wong Dance Company. But the 41-year-old is613 words
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Article, Illustration689 2011-09-16 35 NATALIE KOH - The Gunpowder Trail misses the target with histrionics and a lack of a clear narrative arc, REVIEWS writes NATALIE KOH SINCE the recent Man Singapore Theatre Festival brought back the politically-sensitive Charged, and the poignant and memorable Nadirah, both by Teater Ekamatra, thea-tre-goers were reminded ofPHOTOS: TEATER EKAMATRA, FILE - 689 words
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Article, Illustration526 2011-09-16 35 NATALIE KOH - By NATALIE KOH WHEN the spirited, no-nonsense Peranakan matriarch, Emily Gan of Stella Kon’s Emily of Emerald Hill, meets the humble, slightly jaded heartlander, Leow of Kuo Pao Kun’s The Coffin Is Too Big For The Hole, it sounds like it’s going to be some526 words
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Page 30 Advertisements
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Advertisement11 2011-09-16 30 ARTS Two artists put Singapore on the arts map overseas PAGE11 words
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Page 32 Miscellaneous
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Miscellaneous287 2011-09-16 32 CRYPTIC CROSSWORD Across 1 Sung or spoken at church (6) 9 Afterlife on Mars, perhaps? (10) 10 Chief’s bound to be motivating influence (10) 11 Victim escapes imprisonment for period (4) 12 Cliff and Mark left by accident (4) 14 No meat left? That’s disorganised (3,2,5) 17 Third person takes287 words
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Page 33 Advertisements
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Advertisement75 2011-09-16 33 Credit Suisse: Innovation In Art Series Singap T a n HIST a 1 965A Selection from the Centr ore Art Museum Col Y 0 u and Credit Suisse: Innovation In Art Series CREDIT SUISSE singaporeartmuseum AS LONG-TERM SPONSOR OF THE SINGAPORE ART MUSEUM, CREDIT SUISSE IS PROUD TO PRESENT THE75 words
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Page 36 Advertisements
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Advertisement647 2011-09-16 36 Top selling project in August. Over 500 units soldJ ••i m 5 wz A 3 1 I r i Empower your unique lifestyle at the euHabitat SOHOS Bedok Reservoir Bedok Reservoir p ar/f Temasek Polytechnic To IKEA, Courts Megastore and Giant Hypermarket Kaki Bukit U/C Bedok North Secondary School Bedok647 words
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