The Business Times, 27 January 2012
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2012-01-27
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The Business Times
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Title Section25 2012-01-27 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|£l A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MICA (P) 120/08/2011 Friday, January 27, 201225 words
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Article, Illustration723 2012-01-27 1 EMILYN YAP - Word that rates will stay near zero until end-2014 spurs gold, euro; Treasury yields fall By EMILYN YAP [SINGAPORE] Risk was back in favour yesterday after the US Federal Reserve said it might keep interest rates near zero until late-2014 moreBLOOMBERG - 723 words
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MARKETS DIGEST
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Article108 2012-01-27 1 GST INDEX 2,894.43 (+2.79) GST INDEX FUTURES 2,894 (+3) HSIMSCI 330.80 (-0.01) GSIMSCI FUTURES 331.00 (+0.60) us$ s$ US$ (S$ per US$) 1.258 (US$/S$ per 1.567 1.970 EURO (US$/S$/E) 1.311 1.649 Foreign currency per US$ S$ YEN 77.60 61.70 RM 3.042 2.419 HK$ 7.759 6.170 BAHT 31.36 24.94 RUPIAH108 words
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Article30 2012-01-27 1 5ll')'3/U*ORE 5-3« MALAYSIA 6 >5 HONG KONG 5.00 INDONESIA 14/30 1AIWAN S03G JAPAN .1.475 KOREA 933 BRITAIN' .050 US 3 25 CANAnA 300 SWIT7FRLANO 0.50 INDIA Source: Bloomberg30 words
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647 2012-01-27 1 KENNETH LIM - Power cut knocks out OCBC, Lim Tan systems SocGen also pauses market-making due to technical reasons By KENNETH LIM [SINGAPORE] So sang American alternative rock band Soul Asylum on frustration: “They say misery loves company.” And so it was yesterday morning, when investors fumed over a power outage that knocked647 words
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Advertisement65 2012-01-27 1 ARTS Trove of Tang history PAGE 26 COMPANIES Keppel Corp profit up a strong 14% PAGE 5 S’PORE ECONOMY Manufacturing soars 12.6% y-o-y in December PAGE 2 WINE Rieslings hold court PAGE 25 PAGE 28 EXECUTIVE LIFESTYLE *****1 *****4 r man 9 BREITLING INSTRUMENTS FOR PROFESSIONALS PURE PERFORMANCE PURE BREITLING65 words
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TOP STORIES
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Article, Illustration617 2012-01-27 2 TEH SHI NING - 2011 GDP growth may be revised up to 5 per cent; signs of bottoming out By TEH SHI NING [SINGAPORE] Industrial production surged 12.6 per cent in December from a year ago close to double the 6.4 per cent growth the market was expectingPHOTO: BLOOMBERG - 617 words
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363 2012-01-27 2 JOYCE HOOI - It’s also not aware of any ex-employee helping CPIB probe By JOYCE HOOI [SINGAPORE] ST Engineering has denied that any of its unit’s employees are assisting with Corrupt Practices Investigation Bureau (CPIB) investigations being carried out on the former chiefs of the Singapore363 words
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Article, Illustration465 2012-01-27 2 VICTORIA HO - 3,000 workers outside Japan will be affected By VICTORIA HO [SINGAPORE] Japanese electronics giant NEC plans to cut 10,000 jobs, with 3,000 of those to impact workers outside of Japan. The total layoffs will make up about 8.6 per cent of the465 words
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THREE-MINUTE DIGEST
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40 2012-01-27 2 RISK was back in favour yesterday after the US Federal Reserve said it might keep interest rates near zero till late 2014 more than a year longer than it previously anticipated.40 words
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27 2012-01-27 2 Power cut knocks out OCBC, Lim Tan systems INVESTORS fumed over a power outage that knocked out retail trading systems at OCBC Securities and Lim Tan Securities.27 words
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34 2012-01-27 2 INDUSTRIAL production surged 12.6 per cent in December from a year ago and spurred talk of an upward revision to advance estimates of Q4 and 2011 GDP growth.34 words
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33 2012-01-27 2 LOCAL businesses are expecting tough times ahead this year with lower profits and sales volume, according to a recent business outlook survey.33 words
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42 2012-01-27 2 THE global economic slowdown will affect Asia this year but the region will remain the economic powerhouse of the world, led by China, India and Indonesia, the head of the Asian Development Bank said.42 words
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30 2012-01-27 2 MALAYSIAN conglomerate DRB-Hicom has announced plans to commence work on a 1,200 acre property project in Johor by the middle of this year.30 words
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42 2012-01-27 2 ST ENGINEERING has denied that any of its unit’s employees are assisting with Corrupt Practices Investigation Bureau investigations being carried out on the former chiefs of the Singapore Civil Defence Force and Central Narcotics Bureau.42 words
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31 2012-01-27 2 KEPPEL Corporation saw off 2011 with a record full-year net profit of $1.49 billion, up 14 per cent from $1.31 billion in 2010.31 words
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37 2012-01-27 2 THE rapid sales at developers’ launches in recent weeks will not last, Kim Eng Research said, citing the potential supply of units coming on board and the wider economic uncertainty.37 words
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33 2012-01-27 2 CHINA will maintain a robust growth in demand for key commodity imports such as iron ore and copper this year, albeit at a slower pace of increase.33 words
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50 2012-01-27 2 NEW orders for US manufactured goods rose in December and a gauge of future business investment rebounded, but sales of new US homes unexpectedly declined for the first time in four months and capped the slowest year on record for builders.50 words
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36 2012-01-27 2 CENTRAL bankers in the developed world are “out of ammunition” and quantitative easing policies in the US aren’t achieving traction, said Stephen Roach, non-executive chairman of Morgan Stanley Asia.36 words
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858 2012-01-27 4 KALPANA RASHIWALA - Jones Lang LaSalle counts US$15b in deals in Singapore from 2010-Q3 2011 By KALPANA RASHIWALA [SINGAPORE] The Republic has been ranked sixth in Jones Lang LaSalle’s list of top 30 cities for direct commercial real estate investment for 2010 to858 words
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Article, Illustration761 2012-01-27 4 BRYAN KOH - Obama’s proposals may hurt them, but they’re unlikely to shift operations By BRYAN KOH [SINGAPORE] Despite President Barack Obama’s calls to put an end to US companies seeking to avoid paying taxes by shifting operations outside the US, American companies are761 words
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759 2012-01-27 4 GRACE LEONG - By GRACE LEONG [SINGAPORE] Discovery proceedings have finally started more than a year after a group of Singapore investors sued Morgan Stanley for allegedly selling rigged Pinnacle Notes as “safe, conservative” investments. Lawyers for 18 Singapore investors of Morgan Stanley’s failed Pinnacle Notes759 words
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670 2012-01-27 4 ANTHONY ROWLEY - By ANTHONY ROWLEY in Tokyo TOKYO Electric Power Company (Tepco), operator of the Fukushima nuclear power plant crippled by a massive tsunami last year, saw its shares jump in value yesterday on reports that Japan’s biggest power utility will accept a one trillion yen (S$16.2670 words
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Advertisement126 2012-01-27 2 FRONT PAGE FRONT PAGE TOP STORIES, PAGE 2 TOP STORIES, PAGE 2 COMPANY NEWS, PAGE 5 COMPANY NEWS, PAGE 7 Authentic TeocKew Raw Fish S Prosperity Set Menus. Winning the toss for great New Year dining. When it comes to venues for Chinese New Year Lo Hei menus, Hung Kang126 words
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Advertisement23 2012-01-27 2 SINGAPORE NEWS, PAGE 9 ECONOMY WATCH, PAGE 10 MALAYSIA/INDONESIA, PAGE 11 GREATER CHINA/INDIA, PAGE 12 WORLD NEWS, PAGE 16 WORLD NEWS, PAGE 1623 words
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Advertisement1905 2012-01-27 3 Keppel Corporation Limited Co Reg No: *****0351N (Incorporated in the Republic of Singapore) FULL YEAR 2011 FINANCIAL STATEMENT DIVIDEND ANNOUNCEMENT 1. UNAUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 2011 The Directors of Keppel Corporation Limited advise the following unaudited results of the Group for the year ended 31 December1,905 words
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Advertisement41 2012-01-27 4 Happy Lunar New Year tMJ $10 MILLION Hong Bao Draw Fri, 3 Feb 2012, 9.30pm For details, visit www.singaporepools.com.sg Ip Yri) Always play with care. [responsibly! Do not bet illegally. RGB Reg No: *****0202G Towards Community Purpose and Benefit SINGAPORE POOLS41 words
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Advertisement183 2012-01-27 4 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF PRO-SHIPPING PTE. LTD. (IN MEMBERS’ VOLUNTARY LIQUIDATION) (Company No: *****9013M) AND VS OIL PTE. LTD. (IN MEMBERS’ VOLUNTARY LIQUIDATION) (Company No: *****2652H) FINAL MEETINGS NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the Companies Act,183 words
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COMPANY NEWS
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Article, Illustration518 2012-01-27 5 RONNIE LIM - Group to provide floating storage, regasification units By RONNIE LIM WITH Singapore currently studying how best to secure future LNG supplies for power plants and industries here as well as for potential trading purposes, Keppel Corporation is set to play a role,518 words
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420 2012-01-27 5 KELLY TAY - By KELLY TAY MAINBOARD-LISTED marine logistics firm Ezion Holdings yesterday revealed that it has secured a US$93.5 million charter contract to deploy a service rig in North America. The announcement saw investors rallying behind the counter, with Ezion shares jumping as much as420 words
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608 2012-01-27 5 LYNN KAN - Keppel full-year profit up 14% to record 1.49b Q4 profit rose 11% to $389m; company sees improving prospects for 2012 By LYNN KAN KEPPEL Corporation sent off 2011 with a record full-year net profit attributable to shareholders of $1.49 billion, up a strong 14 per cent from $1.31 billion in608 words
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Article, Illustration502 2012-01-27 7 MINDY TAN - Available supply, uncertain outlook will lead to adjustment: Kim Eng By MINDY TAN THE rapid sales at developers’ launches in recent weeks will not last, Kim Eng Research said in a report released yesterday, citing the potential supply of units coming on board502 words
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328 2012-01-27 7 CARINE LEE - Earnings hit as Sing dollar appreciates against Indian rupee By CARINE LEE ASCENDAS India Trust (a-iTrust) said yesterday that its distribution per unit (DPU) for the third quarter ended Dec 31, 2011, fell 13 per cent to 1.50 cents from 1.72328 words
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442 2012-01-27 8 JASMINE NG - It’ll pay 1.93 cents per unit; gross revenue up 82% By JASMINE NG FIRST Real Estate Investment Trust (First Reit) saw its distribution per unit (DPU) for the fourth quarter ended Dec 31, rise to 1.93 Singapore cents, up 121.8 per cent in442 words
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Article, Illustration321 2012-01-27 8 MICHELLE TAN - Gross revenue also increased 25% year-on-year to $65.7 million By MICHELLE TAN MAPLETREE Industrial Trust (MIT), which was listed in October 2010, saw its distributable income rise 29.3 per cent to $35.2 million for its third quarter ended Dec 31, 2011, as compared toBLOOMBERG - 321 words
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850 2012-01-27 8 Bloomberg [NEW YORK] Junk bond trading volumes are rebounding to the highest level in 11 months as optimism the US economy can weather Europe’s debt crisis kindles investor appetites for riskier assets. The average daily volume of publicly traded speculative grade bonds roseBloomberg - 850 words
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COMPANY BRIEFS
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114 2012-01-27 8 PT BERLIAN Laju Tanker said there has been a covenant breach for a loan facility granted to one of its subsidiaries. Some of its other subsidiaries have also failed to make payments that are due under certain lease facilities. Berlian Laju is seeking114 words
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76 2012-01-27 8 WESTMINSTER Travel has received a mandatory unconditional cash offer of 8.9 cents per share from e2-Capital Inc. The latter’s sole shareholder and director is Wong Sin, founder of corporate finance firm SBI E2-Capital. e2-Capital intends to preserve Westminster Travel’s listing status on the76 words
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Advertisement2065 2012-01-27 5 the business timesweek nd www. usinesstimes.com. g| SEPTEMBER 24-25, 2011 S$1.00| MICA (P) 121/08/2011 the raffles conversation CAREER DIPLOMAT BARRYDESKER 12-13 cheap funds Local banks to slash savings rates DBS Bank, OCBC Bank and UOB will offer a mere 0.05 per cent come October, even as HSBC and Stanchart dish2,065 words
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SINGAPORE MARKETS
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Article, Illustration575 2012-01-27 6 Index swings between 2,876 and 2,917 before ending 2.79 points higher at 2,894.43 STOCKS Senior Correspondent SENTIMENT swung between the bullish and bearish throughout the session yesterday, even as Hong Kong opened after the Lunar New Year break with a 1.6 per cent jump.Source: Bloomberg - 575 words
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Article65 2012-01-27 6 Jan 26 VALUE CLOSE BT OB/OS 716.00-106.00 BT CADI -*****.00 +36.00 BT 10-day MA -*****.00 +72.00 FTSE ST Mid Cap 643.65 -1.54 FTSE ST Small Cap 430.64 -0.18 FTSE ST All Share 694.54 +0.25 FTSE ST China Top 215.08 -1.14 FTSE ST China 247.36 -0.57 FTSE ST65 words
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Article186 2012-01-27 6 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 11 3 3 0 0 0 11 3 3 Manufacturing 55 39 38 4 7 5 59 46 43 Commerce 23 20 13 5 2 2 28 22 15 Tpt/Stor/Comms 20 17 5186 words
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BROKERS’ TAKE
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Article, Illustration310 2012-01-27 6 Jan 26 close: $2.63 OCBC Investment Research, Jan 26 SINCE the start of the year, Olam International’s share price has staged a sharp recovery, rising 24 per cent year-to-date to hit a recent high of $2.64. It has also rebounded 28 per cent from its 52-week low of310 words
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Article485 2012-01-27 6 LYNETTE KHOO - Compiled by LYNETTE KHOO Jan 26 close: $0.158 CIMB Research, Jan 26 MAINTAIN “buy” with a lower TP of $0.332 based on 6 times CY2013 EPS. Our PE is based on the historical forward PE since Hu An’s IPO. We believe that the current stock price485 words
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Article136 2012-01-27 6 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,136 words
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Article121 2012-01-27 6 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 44,265 44,265 131,383 131,383 Manufacturing 226,103 17,550 243,653 203,575 152 203,727 Commerce 168,230 2,138 170,368 216,241 204 216,445 Tpt/Stor/Comms 136,885 17,872 154,757 215,055 2,610 217,665 Finance 21,901 21,901 185,964 185,964 Construction 55,887 8,560 64,447 17,172121 words
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Article113 2012-01-27 6 Stock name Close Change Stock name Close Change CapMallsAsia 1.310 CapitaLand 2.620 +0.040 CapitaMall 1.705 -0.015 CityDev 9.970 -0.140 ComfortDelGro 1.440 -0.010 DBS Grp 13.340 +0.100 F&N 6.600 +0.070 GLP 1.910 -0.025 Genting SP 1.615 -0.020 Golden Agri 0.725 -0.005 HK Land 5.280 +0.030 JMH 53.200113 words
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Article, Illustration440 2012-01-27 6 Euro hits 5-wk high vs on Greek hopes CURRENCIES Reuters [LONDON] The euro hit a five-week high against a broadly weak dollar yesterday, on speculation of progress in Greek debt negotiations and after the US Federal Reserve indicated interest rates would stay at ultra-low levels for at least another twoReuters; BLOOMBERG - 440 words
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Article60 2012-01-27 6 VOLUME Noble Grp 113,050,000 Genting SP 91,515,000 Golden Agri 78,493,000 Uni Envtech 55,687,000 Artivision 52,463,000 Dyna-Mac 33,000,000 SingTel 29,605,000 GMG Global 28,458,000 Cosco Corp 25,839,000 Yangzijiang 23,940,000 VALUE($) Noble Grp 154,284,915 Genting SP 148,811,810 Keppel Corp 103,555,389 SingTel 90,612,790 DBS Grp 64,386,905 UOB 57,620,278 Golden Agri 57,375,66260 words
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Article110 2012-01-27 6 BY CENTS CLOSE UP DBXT USDIGInfl 5US$ ***** 534.4 1.6 GLD 10US$ ***** 477.9 2.3 IS DJ US Tech 6891 383.5 4.6 DBXT E50 10US$ 3610 212.5 4.9 DBXT MSEurope 10US$ 4249 191.1 3.7 DBXT Nifty 10US$ ***** 133.3 1.0 IS S&P500 ***** 76.7 0.5 DBXT MSMSIA 10US$ 1314110 words
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Article117 2012-01-27 6 BY CENTS CLOSE DOWN UOB 5.05%NCPS 100 ***** -30.0 -0.3 UOB.ES.1202 1713 -24.0 -1.4 DBXT MSKorea 10US$ 5703 -22.6 -0.3 CityDev.ES.1202 993 -20.0 -2.0 UOB 1722 -18.0 -1.0 DBXT MSBANGL 10US$ 92 -16.4 -12.4 CityDev 997 -14.0 -1.4 OCBC Bk 5.1%NCPS 100 ***** -10.0 -0.1 SembMar.ES.1201 478 -9.0 -1.8117 words
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Advertisement30 2012-01-27 7 3 1.3 CA -3 I-TfIND THE ONES j THAT FIT! Recruit the right people through CATS Recruit. Call 1800 289 8822 or email recruitd>sph.com.sg to advertise. rJ L ■n 330 words
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Advertisement2802 2012-01-27 7 MANDATORY UNCONDITIONAL CASH OFFER by OSK DMG DMG PARTNERS SECURITIES PTE LTD (Company Registration No.: *****1140E) (Incorporated in Singapore) for and on behalf of e2-CAPITAL INC. (BVI Company Number: *****7) (Incorporated in the British Virgin Islands) to acquire all the issued and paid up ordinary shares in the capital of2,802 words
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Advertisement324 2012-01-27 8 11“ III e*-r JERRY LUM Snr Marketing Director, MBA, CBS 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 Rent H agj/| Celebrate auS pj c joUS tidim Usher in the dragon year with exquisite feasts and324 words
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SINGAPORE NEWS
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497 2012-01-27 9 EDWIN LOH - Wholesale sector most pessimistic, construction most optimistic: survey By EDWIN LOH LOCAL businesses are expecting tough times this year with lower profits and sales volume, according to a recent business outlook survey. Expectations for net profits for the first497 words
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Article, Illustration349 2012-01-27 9 MINDY TAN - Precast work also means less reliance on foreign workers By MINDY TAN WHILE we cannot do without foreign construction workers, we can try to build more with less, especially if the prefab industry ramps up its productivity, said National Development Minister Khaw Boon Wan349 words
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Article, Illustration479 2012-01-27 9 JASMINE NG - By JASMINE NG THE key to getting consumers to part with their precious dollars during a recession is to understand how they are redefining value, and align companies’ branding strategies with the new reality, marketing gurus say. Consumers take more time to search479 words
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Article, Illustration299 2012-01-27 9 MICHELLE TAN - By MICHELLE TAN TO CAPITALISE on the latest buying fever, mainboard-listed Sim Lian Group Limited has gone ahead with its latest project, The Tampines Trilliant, located along Tampines Central 7. Launched yesterday, the 99-year leasehold executive condominium (EC) will comprise 12 blocks nestled on a299 words
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Advertisement8 2012-01-27 9 KINOKUNIYA PROLOGUE MPH PAGE ONE HARRIS TIMES DUFRY8 words
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ECONOMY WATCH
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Article, Illustration610 2012-01-27 10 ADB expects Asian economies to grow 7%, with demand still fairly robust AP [DAVOS] The global economic slowdown will affect Asia this year but the region will remain the economic powerhouse of the world, led by China, India and Indonesia, the head ofAP; PHOTOS: AP, REUTERS - 610 words
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335 2012-01-27 10 Low interest rates could result in excessive credit Bloomberg [BRUSSELS] The Swiss National Bank’s (SNB) franc limit against the euro may cause the country’s economy to overheat if authorities are not vigilant to its effects, according to a report by the FinancialBloomberg - 335 words
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473 2012-01-27 10 Reuters [WELLINGTON] New Zealand’s central bank held its cash rate steady yesterday and added a dovish tone by signalling that policy rates will be on hold for longer than indicated earlier. The Reserve Bank of New Zealand (RBNZ) kept the official cashReuters - 473 words
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Article, Illustration616 2012-01-27 10 Reuters [LONDON] British Prime Minister David Cameron called the drive to finish the Doha round of world trade talks a failure and said yesterday that the European Union should instead negotiate free trade deals with the US and Africa. Mr Cameron’s comments, inReuters - 616 words
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452 2012-01-27 10 Barclays Capital forecasts that growth would pick up in the first quarter of this year AFP [SEOUL] South Korea’s economy grew at its slowest pace for two years in the final quarter of 2011 as Europe’s debt crisis took its tollAFP - 452 words
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Advertisement70 2012-01-27 10 Valentine’s Promotion Subscribe to Shape and Men’s Health! FREE six issues when you sign up for 12 issues at only $72! PLUS Win a pair of Ingersoll watches* worth $1,148 when you subscribe! Three pairs (Ingersoll Corondo for him, worth $559 each, and Ingersoll Baton Rouge for her, worth $58970 words
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MALAYSIA/INDONESIA
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498 2012-01-27 11 PAULINE NG - Development comes amid clear signs of weakening property sales in the state By PAULINE NG in Kuala Lumpur MALAYSIAN conglomerate DRB-Hicom has announced plans to commence work on a 485ha property project in Johor by the middle of this year, adding to the498 words
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Article, Illustration508 2012-01-27 11 Reuters [KUALA LUMPUR] Malaysia has more than doubled subsidies on sugar, a government source said yesterday a sign that Prime Minister Najib Razak may be delaying economic reforms to appease voters ahead of elections. The source with knowledge of the decision, whoReuters; BLOOMBERG - 508 words
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571 2012-01-27 11 AFP [JAKARTA] For a syndicate of rogue but innovative tyre repairmen in Jakarta, the key to improving business is simple: bring potential clients to a piercing halt. Each day before dawn, the repairmen sabotage streets by dumping hundreds of nails and other sharp objectsAFP - 571 words
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320 2012-01-27 11 Bloomberg [JAKARTA] Indonesia’s economic growth may slow to less than 6 per cent in 2012 if Europe suffers a severe recession, said Bambang Brodjonegoro, the head of fiscal policy at the nation’s finance ministry. Gross domestic product may increase as little as 5.7 perBloomberg - 320 words
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Advertisement17 2012-01-27 11 www.omy.sg o m it OT>8ffipJU JStttbB 99 £S X Si 1 Download FREE QR Code Reader, e.g.BeeTagg17 words
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Advertisement1231 2012-01-27 11 10 WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF MASTRO INVESTMENT PTE LTD COMPANY REG. NO: 2004-*****-E (INVOLUNTARY LIQUIDATION) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members of MASTRO INVESTMENT PTE LTD duly1,231 words
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Advertisement438 2012-01-27 11 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF WOLF PACKAGING SINGAPORE PTE. LTD. (Company No. *****6752W) (In Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the Company duly convened and held at 336 Smith Street #06-308 New Bridge Centre Singapore438 words
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GREATER CHINA/INDIA
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Article, Illustration809 2012-01-27 12 JULIE ZHU - Analysts see Beijing loosening tight grip on credit supply to spur slowing growth By JULIE ZHU EJ Insight CHINA will maintain a robust growth in demand for key commodity imports such as iron ore and copper this year, albeit atEJ Insight; BLOOMBERG - 809 words
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290 2012-01-27 12 Reuters [TOKYO] China overtook Japan as the world’s top coal importer for the first time in 2011, customs data from the countries showed, partly driven by robust Chinese demand. Japan had held the No.1 position since at least 1975 until 2010, theReuters - 290 words
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597 2012-01-27 12 It says the drug firm has failed to meet US safety guidelines AFP [WASHINGTON] US officials sought a “groundbreaking” injunction against Indian drug giant Ranbaxy on Wednesday, saying that the maker of the first generic version of cholesterol-lowering Lipitor has failed to meetAFP - 597 words
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501 2012-01-27 12 Xinhua [BEIJING] As millions of people rushed to board a homebound train before the Chinese New Year, a growing number of avid travellers decided to spend the most important holiday far away from home. China Youth Travel Service (CYTS), a leading outbound tourism service provider,Xinhua - 501 words
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277 2012-01-27 12 Reuters [MUMBAI] Hotel chain operator Indian Hotels Co Ltd, part of the Tata conglomerate, reported flat growth in net profit for the quarter to end-December in line with estimates, on slowing economic growth at home and overseas. Indian Hotels, which runs the globalReuters - 277 words
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WORLD
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Article, Illustration981 2012-01-27 13 ROB CURRAN - Religious, fiscal conservatives unable to reach compromise US REPUBLICAN PRESIDENTIAL RACE By ROB CURRAN NEWT Gingrich’s unexpected victory in the South Carolina Republican presidential primary election suggests that the Grand Old Party is facing a regional split similar to that which weakened the Democratic Party inAP - 981 words
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600 2012-01-27 13 While US investors root for Romney, few want Gingrich Bloomberg While US investors root for Romney, few want Gingrich [WASHINGTON] US investors are rooting for Mitt Romney and those overseas are for Barack Obama. Newt Gingrich is generating little enthusiasm anywhere. The expectation inBloomberg - 600 words
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654 2012-01-27 14 Cheap supplies will erase price disparity between US and Asia, say analysts Bloomberg [NEW DELHI] Liquefied natural gas buyers in Asia are seeking to take advantage of the cheapest US supplies in a decade, undermining a 40-year-old oil-linked priceBloomberg - 654 words
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Article, Illustration606 2012-01-27 14 Tap rich natural resources, young labour force: IMF Bloomberg [BANGKOK] Myanmar has the potential to quickly boost economic growth if the government modernises the financial sector and makes it easier for companies to trade and invest, the International Monetary Fund said. “TheBloomberg; REUTERS - 606 words
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513 2012-01-27 14 Reuters [NEW YORK] Merger and acquisition (M&A) activity among registered independent advisers (RIAs) slowed in 2011 due to market volatility and the wavering economy, according to Charles Schwab Corp’s adviser services arm. Schwab, which provides custodial, operational and trading support for nearlyReuters - 513 words
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620 2012-01-27 14 The firm is putting its fingers in too many pies: analysts Reuters [SAN FRANCISCO] Google Inc, which revolutionised Internet searches with an easy-to-use website, has itself become an increasingly tricky business to grasp. That issue leapt to the fore last week when theReuters - 620 words
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486 2012-01-27 14 House Agricultural Committee passes legislation Reuters [WASHINGTON] Half a dozen bills to constrain the US commodities regulator as it writes new swaps regulations inched forward in the House of Representatives on Wednesday despite an uncertain future in the Senate. The House Agricultural CommitteeReuters - 486 words
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525 2012-01-27 16 New jobless-benefit claims rise amid signs of improving labour market conditions LATEST US DATA Reuters Bloomberg [WASHINGTON] New orders for US manufactured goods rose in December and a gauge of future business investment rebounded, but sales of new US homes unexpectedly declined forReuters; Bloomberg - 525 words
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Article, Illustration482 2012-01-27 16 Worrisome that quantitative easing has had no impact WORLD ECONOMIC FORUM Bloomberg [DAVOS, Switzerland] Central bankers in the developed world are “out of ammunition”, and quantita-tive-easing policies in the US are not achieving traction, said Stephen Roach, non-executive chairman of Morgan Stanley Asia.Bloomberg; BLOOMBERG FILE PHOTO - 482 words
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Article, Illustration601 2012-01-27 16 [NEW YORK] If billionaires, bankers and politicians extract one insight from the World Economic Forum, let it be this: Western civilisation is on the verge of a catastrophic failure to balance its short-term and longterm interests. Market turmoil in Europe has eased a bit and theBlòmberg - 601 words
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345 2012-01-27 16 Bloomberg [FRANKFURT] German lawmakers reopened the Soffin bank-rescue fund to counter the threat of financial-institution failures during the debt crisis, after allaying lenders’ concerns that they would bear the brunt of the cost. Lower-house lawmakers in Berlin voted yesterday in favour ofBloomberg - 345 words
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600 2012-01-27 16 Bloomberg [FRANKFURT] Talks on a debt swap to avert a Greek default were to resume yesterday as international policymakers squabbled over the mounting cost of the rescue. Charles Dallara and Jean Lemierre, negotiating on behalf of private creditors, were to return toBloomberg - 600 words
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Article, Illustration437 2012-01-27 16 Reuters Bloomberg [NEW YORK] AT&T Inc posted a massive quarterly loss due to a break-up fee for its failed T-Mobile USA merger and other charges on top of costly subsidies for smartphones such as Apple Inc’s popular iPhone, sending its shares down onReuters; Bloomberg; AP - 437 words
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Page 13 Advertisements
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Advertisement43 2012-01-27 13 SINGAPORE’S PREMIER HOME-GROWN CAR MAGAZINE WHY WE SHOULD GO BIG ON MOTORCYCLES WEDETALK SAAB TECHNOLOGY PEUGEOT 308 C VW GOLF CABRI RENAULT MEGANECC SHOULD BE RED T BENC THERE, DONETHAT CR-Z CR-X HYBRID MEETS CLASSIC CABRIOLE GROUP TES Join us on www.facebook.com/torque.singapore sPHmagazines43 words
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Advertisement1021 2012-01-27 13 S3DILON KLVM IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF JAPAN LAND LIMITED (IN MEMBERS’ VOLUNTARY LIQUIDATION) Co. Reg. No. *****7417K Extract of the minutes at the Extraordinary General Meeting of members of Japan Land Limited duly convened and held at Singapore Management University,1,021 words
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Advertisement634 2012-01-27 13 NutritionPark.com Longest Warranty! Lowest Prices! ULTIMATE NUTRITION PROSTAR WHEY RED ZONE PLATINUM SERIES (5LBS) CAPLETS) Work out harder, longer burn fats DAILY COMPLETE FORMULA |(180 TABS) UP $59 Premium formula with •'t complete balance FREE h f of multivitamins multiminerals. fi UoTftM MUSCLE JUICE (13.2LBS) CONTROLLED LAI Also available in634 words
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Advertisement21 2012-01-27 14 Gambling cruises go bust as clients "jump ship" to onshore casinos onshore casinos To subscribe, call 6388-3838 or go to sphsubscription.com.sg21 words
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FOCUS: APPLE INC
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Article, Illustration853 2012-01-27 15 For years, analysts have been pressing Apple for a plan to do something with the money AP Bloomberg [NEW YORK] Apple is worth US$415 billion, putting it neck and neck with ExxonMobil as the world’s most valuable company. But by standard Wall Street measures,AP; Bloomberg - 853 words
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Article, Illustration1306 2012-01-27 15 The workers assembling Apple’s devices often labour in harsh conditions NYT [NEW YORK] In the last decade, Apple has become one of the mightiest, richest, and most successful companies in the world, in part by mastering global manufacturing. Apple and its high-technology peersNYT; REUTERS - 1,306 words
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AVIATION/SHIPPING
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Article, Illustration430 2012-01-27 17 LYNN KAN - Royal Caribbean boss is all praise for design, facilities at new cruise terminal By LYNN KAN ROYAL Caribbean Cruises chairman and CEO Richard Fain has taken a look around the new but yet-to-be-launched International Cruise Terminal (ICT), and he likes430 words
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Article, Illustration1194 2012-01-27 17 Bloomberg [COPENHAGEN] Container ships can’t go any slower. Shipping lines are running out of options to stop losses as sailing speeds reach their lower limit, exhausting a solution that helped restore profitability in 2010. The global container fleet is now cruisingBloomberg; BLOOMBERG FILE PHOTO - 1,194 words
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Article, Illustration813 2012-01-27 17 ILFC checking out Comac’s plans and its aircraft model Reuters [DUBLIN] China’s hopes of breaking the market stranglehold of Airbus and Boeing have received a boost from one of the world’s largest owners of aircraft, which predicts Beijing will succeed in building its ownReuters; BLOOMBERG FILE PHOTO - 813 words
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440 2012-01-27 17 Bloomberg [ATLANTA] Published fares on carriers such as Delta Air Lines Inc and American Airlines appeared to jump by hundreds of dollars yesterday for some flights as a new US rule forces disclosure of mandatory taxes and fees in quoted prices.Bloomberg - 440 words
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Article259 2012-01-27 17 SGX '000 Jan 26 S$ +/-Vol CH Offshore 0.37 -0.01 45 Chuan Hup Hldg 0.22 0.01 30 Cosco Corp 1.18 -0.01 ***** S$ Ezra Hldgs 1.05 0.01 9319 First Ship Lea 0.23 unch 1333 Freight Links 0.06 unch 350 Grand Banks unch unch 0 Jaya Hold Ltd 0.60259 words
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EDITORIAL & OPINION
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477 2012-01-27 18 EDITORIAL CONTRARY to all expert predictions at the start of the year, equity markets are performing well. Western markets like Wall Street and most of Europe have gained about 5 per cent in three weeks while Asian markets like Hong Kong are up 11 per477 words
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Article, Illustration799 2012-01-27 18 FRANK CHING - THE BOTTOM LINE FRANK CHING The writer is a Hong Kong-based journalist and commentator. Follow him on Twitter: @FrankChing1 FORTY years ago, the arch-conservative American president Richard Nixon shocked his country and the world by visiting communist China, a country that the United799 words
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Article, Illustration970 2012-01-27 18 CHONG LEE SIANG - Existing tax incentives need to be fine-tuned to keep them relevant and useful By CHONG LEE SIANG The writer is partner, financial services tax at Ernst Young Solutions LLP SINGAPORE’S holistic approach in cultivating the fund management industry has been reaping rewards and the SingaporeFILE PHOTO - 970 words
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Article, Illustration1770 2012-01-27 19 PHILIP FONG - Perhaps it’s time to consider alternative adjudication mechanisms that serve to enhance confidence of all stakeholders By PHILIP FONG The writer is the managing partner of Harry Elias Partnership LLP. He can be contacted at philfong@harryelias. com. sg THE application for a court orderFILE PHOTO - 1,770 words
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Article, Illustration837 2012-01-27 19 ROBERT SAMUELSON - ROBERT SAMUELSON The Washington Post Writers Group A WEEK after President Barack Obama denied the application for the Keystone XL pipeline which would carry oil from Canada’s tar sands deposits in Alberta to US refineries along the Gulf of Mexico it’sThe Washington Post Writers Group - 837 words
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SINGAPORE STOCKS
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Article2904 2012-01-27 20 Transaction date: Jan 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 Last Vol Day Last Quote 112.5 92.5 AIMSAMPIReit 100.5cd unch 1223 100.5 100 100 100.5 2 10.2 446.1 Net M2,904 words
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Article184 2012-01-27 21 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 Company Last Sale Vol Day ('000) High Low Last Quote Suyer Seller Div Gr Yld Cvr Net P/E M Cap Smil f0.6 17 16.5184 words
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Article6975 2012-01-27 21 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Asset Mgt Pte Ltd AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt S'pore Pte Ltd Aberdeen Asset Mgt Asia Limited Secure Ascent 2020 Fund 0 *****/0 ***** AXA Wealth Mgt S'pore Pte Ltd Aberdeen Asset Mgt Asia6,975 words
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Article197 2012-01-27 21 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil Low 47 25.5 Genting HK US$ US34.5 -0.5 ***** 36 34 34 34.5 2271.7 15 10 OGL Resources A$ A10 5 10 1.5 205 168 TanChongInt HK188197 words
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Article945 2012-01-27 21 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 130 109.5 ABF SG Bond ETF 118 9 118 118 116.7 118.2 538.6 1261 856 CIMBAsean40 100US$ US1018 +5 29 1019 1018 1017 1018 40.7 *****945 words
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FINANCE & COMMODITIES
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373 2012-01-27 22 In local curr In S$ In US$ dy yr dy yr dy yr Jan 25 Index Change Change Change Change Change Change World Preliminary 867.0 0.0 4.5 0.0 2.5 -0.1 4.5 EAFE Preliminary 712.4 0.1 4.4 0.0 2.4 -0.1 4.4 Europe Preliminary 1064.4 -0.5 3.7373 words
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Article77 2012-01-27 22 CRUDE OIL PRODUCTS Jan 25 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 110.04 -0.13 WTI (Near Mth) 99.73 0.63 Dubai (1-Mth F) 108.15 0.28 Tapis blend 115.71 -0.03 Minas 114.21 -0.43 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 103.89 -1.05 Jet Kerosene 125.70 -0.70 US$/barrel Opec Oil77 words
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Article, Illustration106 2012-01-27 22 As on 25 January 2012 www.smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE VOL (in Lots) PRECIOUS METAL GOLD FUT FEB2012 1702.50 1649.40 1699.80 347 CURRENCY AUD-USD FUT MAR2012 1.0466 1.0394 1.0528 516 EUR-USD FUT MAR2012 1.3066 1.2830 1.3095 4796 USD-JPY FUT MAR2012 78.18 77.89 77.62 524 BASE METAL106 words
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Article150 2012-01-27 22 Jan 26 SICOM RUBBER Futures (Closing prices) RSS 3(US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Feb 12 410.0 410.0 409.5 3 207 Mar 12 410.5 316 Apr 12 412.0 119 May 12 412.5 250 Jun 12 413.5 210 Jul 12 412.0 128 Aug 12150 words
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Article67 2012-01-27 22 Jan 25 Jan 25 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 2217.75 2204.25 3 months 2252.00 2239.00 Copper, Grade A(US$/tonne) Cash 8371.00 8344.00 3 months 8384.00 8355.00 Lead(US$/tonne) Cash 2256.25 2224.25 3 months 2282.00 2250.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.0067 words
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Article107 2012-01-27 22 Jan 25 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Mar 12 1213.50 1220.00 1226.25 1208.50 May 12 1222.75 1228.75 1235.00 1218.00 Jul 12 1232.50 1238.00 1244.50 1227.75 Aug 12 1230.25 1234.00 1236.00 1226.00 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Mar 12 51.39107 words
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Article85 2012-01-27 22 Jan 26 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****A 26-Apr-12 0.34 0.31 0.31 1-Year BY*****W 01-Nov-12 0.34 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year NX*****Z 2.250 01-Jul-13 102.79 102.83 102.83 5-Year N*****0W 1.125 01-Apr-16 102.5585 words
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Article432 2012-01-27 22 Jan 26 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Mar12 99.5250 0 816 Jun12 99.5200 0 2459 Sep12 99.5000 0 1780 Dec12 99.4800 0 779 EUROYEN TIBOR FUTURES Mar12 99.6650 200 1841 Jun12 99.6650 0 1440 Sep12 99.6625 0 711 Dec12 99.6600 0 115 Mar13 99.6550432 words
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Article82 2012-01-27 22 Jan 25 COCOA (£/tonne) Close Prev High/Low Mar 12 1589 1584 1612/1571 May 12 1599 1595 1621/1584 Jul 12 1613 1610 1633/1596 Sep 12 1626 1623 1645/1609 COFFEE(US$/tonne) Close Prev High/Low Jan 12 1877 1876 1879/1879 Mar 12 1889 1888 1902/1875 May 12 1914 1911 1924/1900 Jul 12 193982 words
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1211 2012-01-27 22 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 2 1 150 130 33.00 28 Prem Baker Technology Ltd W*****6 3.8 1 32 28 7.37 10 Best World Intl Ltd W*****5 2 1 30 105 7.80 181,211 words
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Article470 2012-01-27 22 Jan 26 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.066 6.741 0.812 8.258 53.156 95.361 0.825 11.947 3.238 1.296 95.968 45.616 1.338 8.414 0.980 31.886 33.376 0.679 1.064 Canada 0.938 6.325470 words
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Article64 2012-01-27 22 Jan 26 |H»4| 1 mill rv.77.144 njir^r 2 mlh» ft ID UII'jIh 3 iwiii wssta emir* II 7B^fT7 0rt»9B smlt" D??W nsiH-r u vtim I iniie p?Mih SWAP OHtf rale* j nnh* 03M9K> 3 milii n :*Uk nt-h c sjrjr s'ssrr lit n »k* t ui.ih i ui U>,.64 words
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Article121 2012-01-27 22 Jan 26 GOIO i.n *..n jn Kon'j Kuny IWS0 MM JUn li JLkAJi5 um#ii iid*9i ir Mtc* •frtl Source: Thomson Reuters 8511 ZS»i ivtiapw* 5nn io i uiU Ohf? L WOQCJl r .H AMU mi LW1> •»#0E i*« oulmCti m ■7f lllftc, U*J •Wl aiDi nuiSna "81(1-5 av>121 words
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Article60 2012-01-27 22 Jan 26 WEE PJUJ nmiHES <RMIMT> lleWeri Upenin} Sell (.tenth Osnof Pnct At Price ('•oh Llih Vot Done Upon Positron 7<Sb tj SUi 313! 0 Vl«u j'iSU 103 I4fi6 War 1) 31V P m?p 31M n 3ir.n 1W7 ***** A;ri! ***** 3131,0 3165 0 ***** 8510 im* Way60 words
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Article24 2012-01-27 22 Jan 26 Open High Sett STI Jan 2894.0 SIMSCI Jan 329.9 333.3 331.0 Taiwan Jan Source: SGX Derivatives Source: SGX Derivatives24 words
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Article22 2012-01-27 22 Jan 26 S$ Bid Offer 1-month 1.2575 1.2577 2-months 1.2573 1.2576 3-months 1.2570 1.2572 6-months 1.2550 1.2554 Source: OCBC22 words
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Article156 2012-01-27 22 Jan 26 Jan 26 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.3377 1.3392 1.0638 1.0648 Canadian dollar 1.2552 1.2562 0.9982 0.9988 Euro 1.6485 1.6491 1.3109 1.3112 NZ dollar 1.0320 1.0333 0.8207 0.8216 Sterling pound 1.9700 1.9708156 words
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Article121 2012-01-27 22 As at 9am Jan 26 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.368 1.303 Can dollar 1.28 1.231 Euro 1.684 1.62 Sterling pound 2.013 1.936 NZ dollar 1.059 1.009 US dollar 1.281 1.232 Local dollars to 100 units of foreign121 words
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Article120 2012-01-27 22 Jan 26 II MlM t 1 i Ml- niiiirth'. *14 Ml iniiiiUis uvwrwlii m«r» AM Wl» »u U41 van /*>. vv i ucinlh V4J f itnniin vranuty w f. utiiMlh'. i if IMIlMlIl'i I* Ml 1 1 tumuli' i fl VAu olfor fit l iti'inlli 1 i«i Mimrth.120 words
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Page 23 Advertisements
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Advertisement1270 2012-01-27 23 The Business Times Shipping times 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 Email: singapore@balisagp.com Destination STXPO TBN Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Antwerp/UK Destination STXPO TBN1,270 words
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Advertisement1384 2012-01-27 23 WAN HAI INTERNATIONAL PTE LTD UEN: *****4695M TEL: *****588 (14 LINES) FAX: *****163 PKL TEL: (03) *****588 FAX: (03) *****566 PEN TEL: (04) *****00 FAX: (04) *****99 JOH TEL: (07) *****23 FAX: (07) *****21 SUR TEL: (031) *****75 FAX: (031) *****14/*****05 JKT TEL: (021) *****88 FAX: (021) *****88 PLM TEL:1,384 words
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Page 24 Advertisements
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Advertisement1040 2012-01-27 24 Shipping Times HDS LINES THE SHORTEST TRANSIT TO PERSIAN GULF CONTAINERS SERVICE TO TANZANIA, KENYA, MIDDLE EAST, IRAN, PERSIAN GULF, IRAQ, CIS, INDIA PAKISTAN HDM SPL Approx transit time ex-Singapore 8 D 9 D 14 D VESSEL~ VOY~ SIN~ PKG~ JEA~ BND~ BIK MARISOL~ HDM 0116S disch-only 29 Jan 071,040 words
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Advertisement700 2012-01-27 24 EASTERN CAR LINER, LTD SPECIALIZE IN RORO HEAVY LIFT INTRA-ASIA SERVICE VOY~ Ramp(KT)~ Lifting(KT)~ SIN~ PKL~ KUC~ KK~ JKT~ BTL SHENG SHI 32 100 30/01 31/01 03/02 POSITIVE PASSION 30 100 06/02 07/02 GENIUS STAR II 40 60 08/02 10/02 ENDEAVOR OAK 40 60 12/02 13/02 16/02 20/02 POSITIVE STAR700 words
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Advertisement449 2012-01-27 24 FOONG SUN SHIPPING (PTE) LTD INDONESIA SUMATRA PORTS VESSEL VOY ETA ETD DESTINATION INARAN 01/12 30/01 01/02 BELITUNG/PKL BALAM SRI JAYA 8 02/12 28/01 30/01 JAMBI/PEKAN BARU SUN FLORA 03/12 31/01 02/02 PALEMBANG/PANJANG BERJAYA II 01/12 01/02 03/02 BENGKULU/PADANG SIANIRI 02/12 30/01 01/02 BELAWAN/LHOKSEUMAWE PRIMA SAMUDRA 02/12 01/02 03/02 SABANG/MALAHAYATI449 words
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Page 25 Advertisements
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Advertisement138 2012-01-27 25 But Is The Book Better is on at The Arts House screening room till Feb 4, at various timings. Admission is free and on a first-come-first-served basis. Call 6332-6900 or log on to www.theartshouse.com.sg for more information SPAM is on at The Substation Gallery on Jan 27, from 7.30 to138 words
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Advertisement34 2012-01-27 25 Spring Awakening is on at the Drama Centre Theatre from Feb 3 to 26, 8pm from Tuesdays to Sundays, with 3pm matinees on weekends. Tickets from $40 to $85 are available from www.sistic. com.sg34 words
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Page 25 Miscellaneous
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Miscellaneous300 2012-01-27 25 CRYPTIC CROSSWORD Across 1 Burning is acute with ring exploding (11) 10 Find disgusting flab, horrendous, admitted (5) 11 Advance over in push for glory (9) 12 Element of Japanese comics seen abroad (9) 13 Try for example by English squad leader (5) 14 City sleeps around lunchtime, empty (6)300 words
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Page 26 Advertisements
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Advertisement27 2012-01-27 26 The Tang Shipwreck: Gold and ceramics from Ninth Century China, is on exhibit at the Asian Civilisations Museum, Empress Place, from now until June 17. Tel: 6332-7798/6332-327527 words
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executive lifestyle
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Article, Illustration2951 2012-01-27 28 NATALIE KOH, CHEAH UI-HOON - Integrating lifestyle elements into arts villages such as in Old School, Wessex Estate and Goodman Arts Centre help kick it up a notch and keep things organic. Something the upcoming Gillman Barracks could take a leaf from, report NATALIE KOH and CHEAH UI-HOON NATALIE KOH CHEAHPHOTOS: GOODMAN ARTS CENTRE PHOTO-ILLUSTRATION: HYRIE RAHMAT - 2,951 words
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WINE/ARTS
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AROUNDTOWN
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Article, Illustration128 2012-01-27 25 EVER watched a movie after reading the novel it was based on and thought to yourself that one is better than the other? This is just what The Arts House will be exploring with their latest monthly film series, But Is The128 words
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Article, Illustration167 2012-01-27 25 During the World War II, Mexico joined allies in the fight against Germany after German submarines attacked two Mexican oil tankers. Although the war meant resources were scarce, the Mexican film industry still survived and produced quality films. And from the war birthed the themesPHOTOS: BRITISH FILM INSTITUTE, ALAMEDA FILMS/PHOTOFEST - 167 words
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Article108 2012-01-27 25 Check out SPAM at The Substation’s monthly artist practice session, where new local performance artists make use of the gallery space to experiment with their fresh and edgy ideas. Run by the artists themselves, this session is meant as a platform for them to showcase and put108 words
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Article109 2012-01-27 25 RACHEL LOI - Compiled by RACHEL LOI Artists from the independent arts collective called Artists Caravan will showcase their work for the first time at the Goodman Arts Centre in the Artists Caravan Exhibition. This will include the works of Chan Mei Hsien, Long Ying Han, Ong Xiao109 words
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Article, Illustration1303 2012-01-27 25 N K YONG - Three vineyard owners shed light on their heady German ambrosia, writesN N K YONG THE growing interest in and the resultant popularity of German Rieslings received an additional boost by the presence of the owners of three of Germany’s greatest wine estates at Celebration Eighty-Five’s wine tastings1,303 words
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Article, Illustration739 2012-01-27 25 NATALIE KOH - By NATALIE KOH PUBERTY is a trying time raging hormones, confusing changes in mind and body, questions surging through your brain that no one wants, or knows how, to answer. Most of the time, less eloquent parents simply cross their fingers and hope forPANGDEMONIUM! PRODUCTIONS - 739 words
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ENTERTAINMENT/ARTS
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Article, Illustration509 2012-01-27 26 CHRISTOPHER LIM - GAME REVIEW By CHRISTOPHER LIM CAR simulation games like Forza Motorsport 4 are particularly valuable in Singapore, where stratospheric prices have put premium models beyond the reach of most people. And if fantasy is what racing games are about, Forza 4 really delivers because whileFORZA MOTORSPORT4 - 509 words
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Article, Illustration696 2012-01-27 26 CHRISTOPHER LIM - Among competition winners, Susan Boyle scales new heights, reviewsCHRISTOPHER CHRISTOPHER LIM Gaining exposure through a television talent show’s an easy way to quickly become famous, but too many of these instant celebrities don’t have staying power. American Idol winners David Cook and Chris Daughtry, for example,696 words
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Article, Illustration569 2012-01-27 26 LYNN KAN - By LYNN KAN THE second half of Giselle could leave a man torn about whether it really is so bad to trample all over a woman’s heart. After all, the Paris Opera Ballet’s staging of the classic romantic ballet last week at the Esplanade Theatre showedESPLANADE - 569 words
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Article, Illustration857 2012-01-27 26 MADHVI SUBRAHMANIAN - By MADHVI SUBRAHMANIAN THE Tang Treasures might be the greatest marine archaeological find of the 20th century, but their presence on land is now hotly debated by academics. If you missed the Smithsonian-curated exhibition at the Marina Bay Sands’ Art and Science Museum last year, there’s857 words
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Article706 2012-01-27 26 MADHVI SUBRAHMANIAN, CHEAH UI-HOON - By CHEAH MADHVI SUBRAHMANIAN CHEAH UI-HOON GIVEN the controversy surrounding the legitimacy of the Tang Treasures’ existence above water, should the Asian Civilisations Museum be showing this collection, and should it continue to travel? The Tang Treasures should definitely be exhibited, weighs in Professor John Miksic, associate706 words
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CINEMA
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Article, Illustration518 2012-01-27 27 CHRISTOPHER LIM - DVD REVIEW By CHRISTOPHER LIM COMEDIES shouldn’t be taken too seriously, but there are limits to the liberties film-makers can take with facts and good taste without ruining a movie’s comic value, and The Hangover Part II falls on the wrong side of thoseWARNER BROS - 518 words
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Article, Illustration683 2012-01-27 27 GEOFFREY EU - George Clooney, shorn of his movie-star aura, beleaguered by two rebellious teen daughters and an unfaithful wife, can only show Oscar-worthy mettle in The Descendants reviews GEOFFREY EU GEOFFREY EU WITH natural beauty to spare, Hawaii is just about everyone’s idea of paradise on earth. It’sPHOTOS: FOX SEARCHLIGHT - 683 words
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Article, Illustration478 2012-01-27 27 GEOFFREY EU - By GEOFFREY EU THERE’S evil lurking in the shadows of a remote Franciscan monastery in 17th-century Spain and it’s not just an infestation of pesky rodents. The Monk, a gothic melodrama with strong Biblical undertones, tackles the perennial question of good versus evil as478 words
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Article, Illustration894 2012-01-27 27 SAMANTHA CRITCHELL - By SAMANTHA CRITCHELL AP IN THE Hollywood landscape of new, new, new, what really stands out is that today’s starlets still emulate the looks of classic screen beauties, including Elizabeth Taylor, Marilyn Monroe and Rita Hayworth, who ruled the red carpet in theAP; PHOTOS: AP, FILE - 894 words
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Page 28 Advertisements
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Advertisement9 2012-01-27 28 MUSIC Susan Boyle trumps other competition winners PAGES 269 words
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