The Business Times, 13 April 2012

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Total Pages: 54
1 54 The Business Times
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  • Title Section
    Lock icon Masthead
    25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|£l A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MICA (P) 120/08/2011 Friday, April 13, 2012
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  • Article
    Lock icon Land of the rising yen goes bargain-hunting
    904 1  -  With bleak growth prospects at home and a robust currency, Japanese firms look to snap up assets in the rest of Asia, including S’pore listed companies By EMILYN YAP [SINGAPORE] They’ve gotten hungrier, faster and they have lots of cash to boot. Japanese
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  • MARKETS DIGEST
    • Article
      Lock icon FOREX
      110 1 GST INDEX 2,978.14 (+31.70) GST INDEX FUTURES 2,963 (+32) GSIMSCI 341.87 (+3.60) GSIMSCI FUTURES 339.00 (+3.50) US$ S$ US$ (S$ per US$) 1.256 (US$/S$ per 1.593 2.000 EURO (US$/S$/E) 1.311 1.646 Foreign currency per US$ S$ YEN 81.00 64.50 RM 3.069 2.444 HK$ 7.764 6.183 BAHT 30.82 24.54 RUPIAH
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    • Article
      Lock icon PRIME RATES
      27 1 WKiAKlfttr MALAYSIA 6 V. HON* KONC. >0'Q IteoNew .i4 -ru iAIY/AN i o>i 11 BRITAIN 0 *>i7 IJ5 CANADA xmmAm 030 INDIA urs Source: Bloomberg
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  • Article, Illustration
    Lock icon Departing boss wants OCBC to be ‘SIA of banks’
    907 1  -  Focus on service and customers can give a company pricing power, says Conner By CONRAD TAN [SINGAPORE] David Conner, OCBC’s chief executive who retires tomorrow after 10 years at the group, has seen his share of turmoil in the banking industry,
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      132 1 SONY New CEO pledges changes PAGE 4 EXEC LIFESTYLE COVER STORY The currency of Shakespeare page 54 MUSIC Cello cocooned in piano PAGE 52 RAFFLES CONVERSATION The UNDP will help unconditionally. If a coup takes place, we don’t leave. As an organisation, we’re non judgemental. We say, we’re here for
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      20 1 BIENNALE DES ANTIQUAIRES Asian first for elite Paris show PAGE 51 JP Morgan sees more listings in H2, Page 4
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  • TOP STORIES
    • Article
      Lock icon Taxman collects $110m from ABSD
      627 2 60% of this sum is from foreigners who bought 369 private homes [SINGAPORE] The taxman collected about $110 million in additional buyer’s stamp duty between Dec 8 last year when ABSD took effect and March 31 this year. The sum includes $66.2 million in ABSD
      627 words
    • THREE-MINUTE DIGEST
      • Article
        Lock icon Land of rising yen hunts for bargains
        61 2 JAPANESE companies have been acquiring more assets in the rest of Asia and they look set to go on, even with the yen weakening from a historic high. “Quite a few Japanese companies are looking at companies listed in Singapore, across various sectors,”
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      • Article
        Lock icon Be ‘SIA of banks’: OCBC’s Conner
        61 2 DAVID Conner, OCBC’s chief executive who retires tomorrow after 10 years at the group, has seen his share of turmoil in the banking industry, most recently the financial crisis of 2008-09. But Mr Conner remains resolutely upbeat about the longterm future of financial services
        61 words
      • Article
        Lock icon Taxman collects $110m from ABSD
        49 2 THE taxman collected about $110 million in additional buyer’s stamp duty between Dec 8 last year when ABSD took effect and March 31 this year. The sum includes $66.2 million in ABSD from foreigners who bought 369 private homes over the near four-month period.
        49 words
      • Article
        Lock icon Two bungalows fetch total of $91.6m
        58 2 TWO Good Class Bungalows have been transacted recently one at Ridout Road, which is said to have fetched about $60.6 million, or $1,490 per square feet, on a land area of 40,679 sq ft, and another at Binjai Park, which has been sold for
        58 words
      • Article
        Lock icon DBS global transaction unit goes places
        31 2 DBS Bank’s global transaction services business is growing rapidly, riding on a booming Asia and helped by the retreat of the trade-dominant capital-restrained European banks.
        31 words
      • Article
        Lock icon Ezra’s Q2 profit almost trebles
        53 2 EZRA Holdings almost tripled its net profit for its second quarter ended Feb 29, 2012, from US$7.9 million to US$22.1 million, as revenue skyrocketed and a one-off gain on disposal padded the bottom line. For the same period, revenue more than doubled, from US$98.8 million
        53 words
      • Article
        Lock icon Industrial properties star performer in Q1
        39 2 CONTINUED diversion of investor interest toward the industrial property sector trumped global economic uncertainties, resulting in Singapore’s industrial property market emerging the best performing real estate sector in the opening quarter of 2012.
        39 words
      • Article
        Lock icon US trade gap narrows, beats forecasts
        63 2 THE trade deficit in the US narrowed more than forecast in February as imports fell by the most in three years, reflecting the smallest amount of crude oil purchases in 15 years and a drop-off in demand for Chinese goods. The gap shrank 12
        63 words
    • Article, Illustration
      Lock icon Two freehold GCBs sold – one for $60.6m, the other for $31m
      659 2 Two freehold GCBs sold one for $60.6m, the other for $31m The $60.6m price is highest fetched for a GCB since Dec 2010 [SINGAPORE] Two Good Class Bungalows (GCBs) have been transacted recently one at Ridout Road, which is said to have fetched about $60.6 million, or $1,490 per square
      659 words
    • Article
      Lock icon China forecast to have slower growth in 2012
      490 2 World Bank’s 8.2% growth estimate lowest in 13 years Reuters [BEIJING] The World Bank cut its forecast for China’s 2012 economic growth to 8.2 per cent yesterday and said a rebound might not begin before the third quarter of the year as
      Reuters  -  490 words
    • Article
      Lock icon Panel suggests MOF set up central procurement agency
      515 4  -  Need to address weaknesses on a whole-of-govt level By TEH SHI NING [SINGAPORE] Concerned over many lapses in public sector procurement practices in the last five years, a watchdog committee has suggested the Ministry of Finance (MOF) set up a central procurement
      515 words
    • Article, Illustration
      Lock icon Sony’s new CEO vows to change and revive firm
      611 4  -  Company seeks to find a more focused identity and fend off intense competition By ANTHONY ROWLEY in Tokyo JAPANESE electronics giant Sony Corp’s newly appointed chief executive officer, Kazuo Hirai, yesterday pledged to “change” and revive the struggling conglomerate as it
      611 words
    • Article
      Lock icon JP Morgan sees more listings in H2
      497 4  -  By EMILYN YAP [SINGAPORE] Bond issuance and other debt capital market activities have dominated the headlines so far this year, but initial public offerings (IPOs) may account for a fair share of the action in the months ahead. “I think in the second
      497 words
    • Article
      Lock icon CDL says its China strategy not affected
      319 4  -  CDL China optimistic about Chongqing’s economic prospects By JAMIE LEE [SINGAPORE] City Developments (CDL) will stand pat on its China strategy, and in particular its entry into Chongqing, despite the stunning charges levelled against the former chief of Chongqing, Bo Xilai, in recent
      319 words
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      67 2 FRONT PAGE FRONT PAGE TOP STORIES, PAGE 2 TOP STORIES, PAGE 2 COMPANY NEWS, PAGE 6 COMPANY NEWS, PAGE 12 SINGAPORE NEWS, PAGE 13 WORLD, PAGE 20 l lntosh *1 !8? •i'M Pisfia-J Elite Audio Systems Private Home Theatre Lifestyle and Multi-zone Systems Home Automation Systems ONG RADIO Live the
      67 words
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      112 3 The power of sophistication. Set the pace. The new Audi A4. Feel the power at your fingertips with the elegant interior of the new Audi A4. Its refined finishing delivers elegance and superior comfort to every drive. Refined material and finishes Enhanced information system MMI® Audi drive assist and Audi
      112 words
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      1903 4 mma notices Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices AP OIL INTERNATIONAL LIMITED Registration No. *****2257M 30 Gul Crescent, Jurong, Singapore *****5 NOTICE IS HEREBY GIVEN that the 2012 Annual General Meeting of the members of the Company will be held at 18 Pioneer Sector 1, Jurong Singapore *****8 on 30
      1,903 words
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      162 5 Si LEAN ME 0 to 100km/h in 5.5 secs, the world’s fastest hybrid has arrived. s 7 V mmm M35h i r f. L Introducing the all-new Infiniti M Hybrid. Now, for the first time, experience best-in-dass power and efficiency in a hybrid car. Engineered to deliver the power of
      162 words
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  • COMPANY NEWS
    • Article
      Lock icon Switching back to ‘risk-off’
      720 6  -  HOCK LOCK SIEW By R SIVANITHY IN ITS April 10 daily report, Macquarie Warrants (MW) asked the question: “Is The First Major Correction in 2012 Finally Here?” The specialist warrant issuers pointed out that the upward momentum of the first quarter had fizzled out after signs
      720 words
    • Article
      Lock icon DBS’ global transaction services going places
      781 6  -  Bank’s strength and credit rating pull in the new business By SIOW LI SEN DBS Bank’s global transaction services business is growing rapidly, riding on a booming Asia and helped by the retreat of the trade-dominant, capital-re-strained European banks. Global transaction services (GTS) involves
      781 words
    • Article
      Lock icon M&L Hospitality Trusts lodges IPO prospectus
      224 6 M&L Hospitality Trusts yesterday lodged its preliminary prospectus with the Monetary Authority of Singapore to list its stapled securities on the Singapore Exchange’s (SGX) mainboard. Investors in M&L Hospitality Trusts will hold stapled securities each consisting of one unit in M&L Hospitality Real Estate
      224 words
    • Article
      Lock icon 6 Chinese private equity funds eye undervalued stocks
      584 6  -  They’re on lookout for S-chips and firms with ethnic Chinese management By LYNETTE KHOO SIX Chinese private equity (PE) funds that are in town this week to uncover undervalued stocks have their eyes on S-chips and Singapore companies with an ethnic Chinese
      584 words
    • Article
      Lock icon 5 more semisubs Brazil deal for Keppel O&M
      225 6 KEPPEL Offshore Marine’s subsidiaries in Brazil have signed a letter of intent to design and build five more semi-submersible drilling rigs for US$4.12 billion for Sete Brasil. The letter of intent facilitates Keppel O&M’s preparation work on these potential projects ahead of
      225 words
    • Article
      Lock icon Fee-based advisory model seen boosting ETP demand
      623 8  -  Wealth management industry may lead migration to ETPs in S’pore: State Street By KENNETH LIM DEMAND for exchangetraded products (ETPs) will increase if Singapore’s investment advisory industry shifts towards a fee-based model, says State Street Global Advisors’ Frank Henze. “Financial advice given based
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    • Article
      Lock icon SMX to introduce new gold, silver futures
      238 8 SINGAPORE Mercantile Exchange (SMX) is introducing new gold and silver futures aimed at enabling Chinese and Indian investors to hedge their risks. The SMX E-Gold and SMX E-Silver contracts that begin trading on May 8 will be based on futures prices in India
      238 words
    • Article, Illustration
      Lock icon Dubai exchange may open office in Singapore
      494 8 Bloomberg [DUBAI] The Dubai Mercantile Exchange plans to open an office in Singapore, its first outside the emirate, and is hiring executives in its effort to make the Oman crude futures contract a price benchmark for Arab producers. The Dubai-based exchange expects to
      Bloomberg; BLOOMBERG  -  494 words
    • Article
      Lock icon HKEx in talks for up to US$3b financing for LME bid: sources
      541 8 Move shows it’s ready to pay top dollar Reuters [HONG KONG] Hong Kong Exchanges and Clearing Ltd is in talks with banks for a loan to help it finance an offer for the London Metal Exchange, sources told
      Reuters  -  541 words
    • COMPANY BRIEFS
      • Article
        Lock icon Maybank said to hire ex-Citigroup banker
        79 8 Bloomberg MALAYAN Banking Bhd hired former Citigroup Inc executive Giles Ong to build its investment banking and advisory business, said two people with knowledge of the matter. Mr Ong, who was Citigroup’s head of mergers and acquisitions for South-east Asia before he left the
        Bloomberg  -  79 words
      • Article
        Lock icon Cosco Shipyard bags US$75m contract to build rig
        81 8 COSCO Corporation (Singapore) Limited’s 51 per cent-owned subsidiary, Cosco Shipyard Group Co Ltd, yesterday secured a US$75 million contract with NYSE-listed Seadrill to construct a self-erecting tender drilling rig T18. T18, when completed, will be equipped with enhanced drilling capabilities allowing for
        81 words
      • Article
        Lock icon Union Steel’s CFO resigns after a year
        55 8 UNION Steel Holdings announced that its chief financial officer, Leung Kai Yin, has resigned to pursue personal interests. The duties and responsibilities of Mr Leung who was appointed CFO a year ago will be carried out by Teh Hock Soon, who will be
        55 words
      • Article
        Lock icon MFS Technology to sell Tuas Ave property for $10m
        82 8 MFS Technology said it has revised the sale price of its Tuas Ave property to $10 million from $9.5 million. The revision was made after taking into account additional expenses consequent to the delay in obtaining approval from the relevant authority.
        82 words
      • Article
        Lock icon China Healthcare buyout offer: acceptances hit 91.26%
        102 8 CHINA Healthcare said that acceptances for its buyout offer of 28 cents per share yesterday hit 91.26 per cent of the issued share capital of the company. Under the Companies Act, acquiring 90 per cent of shares entitles the offeror, Econ EQT Investment,
        102 words
    • Article, Illustration
      Lock icon Ezra’s Q2 profit almost trebles to US$22.1m
      444 12  -  Revenue more than doubles to US$211.8m; H1 earnings jump 66% By JOYCE HOOI EZRA Holdings almost tripled its net profit for its second quarter ended Feb 29, 2012, from US$7.9 million to US$22.1 million, as revenue skyrocketed and a one-off gain on disposal
      444 words
    • Article
      Lock icon OCBC cuts 10¢ off Lian Beng price target on earnings slide
      349 12  -  By CARINE LEE LIAN Beng Group’s disappointing performance for the third fiscal quarter ended Feb 29, 2012, has prompted OCBC Investment Research analysts to lower their share price target to 41 cents from the previous 51 cents. The construction
      349 words
    • Article
      Lock icon Bumitama ends SGX trading debut 32% up
      371 12  -  By LIM WEI SHENG UPBEAT investor mood fuelled a sterling debut in the shares of Indonesian palm oil producer Bumitama Agri on the Singapore Exchange (SGX) mainboard yesterday. The stock opened trading at $1.005, 35 per cent above the offer price of 74.5
      371 words
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      914 6 f Clvfrv\EC CIVMEC LIMITED (Incorporated in the Republic of Singapore on 3 June 2010) (Company Registration No.: *****1837H) Invitation in respect of 101,000,000 Invitation Shares comprising 51,000,000 New Shares and 50,000,000 Vendor Shares as follows: (a) 2,000,000 Offer Shares at S$0.40 for each Offer Share by way of public offer;
      914 words
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      508 7 DTZ A Heritage of Excellence As a global entity spanning 217 cities across 45 countries, DTZ is a cosmopolitan market. Armed with expertise in the residential sector comprising both private firm that has established a solid reputation for providing leading-edge property properties as well as the HDB resale market our
      508 words
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      Lock icon Page 8 Advertisements Column 1
      1430 8 Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices If lTheng Li Heng Chemical Fibre Technologies Limited (the “Company”) (Incorporated in Bermuda on 7 September 2007) (Company Registration Number: *****) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at The Fullerton
      1,430 words
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      90 9 ewin Established 1898 Jermyn Street London J V k. I mi Sll I t t ,‘:V/ m iv m if -mm iiii Hpppj$££ m w.ia 1 f '.T; Raffles City ION Orchard Orchard Central Suntec City VivoCity Changi Airport Terminal 2 Transit O facebook.com/tmlewinsg O twitter.com/tmlewin_spore linkedin.com/in/tmlewinsg o youtube.com/tmlewinsg O
      90 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon ECB bonds hint helps ease pressure
      553 10  -  ST Index recoups most of Wednesday’s 36-point loss, albeit amid low market turnover STOCKS R SIVANITHY Senior Correspondent AFTER dropping 36 points on Wednesday, the Straits Times Index managed a 31.70-point rebound to 2,978.14 yesterday, in line with an overnight rise on Wall Street
      Source: Bloomberg  -  553 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 10 DAILY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      66 10 Apr 12 VALUE CLOSE BT OB/OS -187.00 +192.0 BT CADI -*****.00 +102.0 BT 10-day MA -*****.00 -18.00 FTSE ST Mid Cap 687.92 +1.74 FTSE ST Small Cap 466.40 +1.59 FTSE ST All Share 721.23 +6.45 FTSE ST China Top 224.63 +1.68 FTSE ST China 253.08 +2.94 FTSE
      66 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      57 10 VOLUME ChinaFashion 352,329,000 JEL Corp 256,831,000 Bumitama Agri 232,905,000 Goldtron 213,857,000 Elektromotive 194,288,000 Ntegrator 155,974,000 HLH Grp 151,484,000 TT Intl 96,418,000 IPCO Intl 58,439,000 Yoma 53,605,000 VALUE($) Bumitama Agri 227,865,980 Keppel Corp 83,012,110 DBS Grp 72,534,830 Noble Grp 60,078,166 CapitaLand 43,103,250 Genting SP 39,377,065 Yoma 33,050,395 Golden
      57 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 10 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 8 2 6 0 0 0 8 2 6 Manufacturing 63 42 43 14 6 4 77 48 47 Commerce 23 8 25 4 3 4 27 11 29 Tpt/Stor/Comms 20 11 8
      186 words
    • BROKERS’ TAKE
      • Article, Illustration
        Lock icon Cosco Corporation
        344 10 April 12 close: S$1.11 DBS Vickers Securities, April 12 COSCO has secured a contract to build a self-erecting tender rig T18 valued at US$75 million from Seadrill, excluding owner furnished drilling equipment. T18, when completed, will be equipped with enhanced drilling capabilities allowing for higher drilling efficiency, including
        Source: Bloomberg  -  344 words
      • Article, Illustration
        Lock icon Property Sector
        388 10  -  Compiled by JAMIE LEE CIMB Research, April 12 NINE bids and a 16 per cent differential between the top two bids during the recent Pasir Ris tender reflect unabated demand for land sites.Active participation by smaller/ foreign players continues to bolster land bids. We remain watchful of headline
        Source: Bloomberg  -  388 words
      • Article
        Lock icon Glossary:
        136 10 Ebit earnings before interest and tax Ebitda earnings before interest, tax, depreciation and amortisation EPS earnings per share FY fiscal/financial year H1, H2 first or second half m-o-m month on month NAV net asset value 9M nine months P/B price/book value (ratio) PE price/earnings (ratio) Q1, Q2, Q3 first,
        136 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      121 10 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 20,473 20,473 109,363 109,363 Manufacturing 413,239 808,056 1,221,295 180,739 31,152 211,890 Commerce 458,864 11,794 470,658 140,378 398 140,776 Tpt/Stor/Comms 110,120 22,532 132,652 135,684 5,405 141,090 Finance 20,745 10 20,755 125,565 2 125,567 Construction 290,714 44,931
      121 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      112 10 Stock name Close Change Stock name Close Change CapMallsAsia 1.575 +0.030 CapitaLand 2.960 CapitaMall 1.790 +0.005 CityDev 10.800 +0.100 ComfortDelGro 1.520 +0.005 DBS Grp 13.420 +0.230 F&N 6.690 +0.100 GLP 2.170 +0.070 Genting SP 1.685 +0.005 Golden Agri 0.770 -0.010 HK Land 5.980 +0.130 JMH 51.840
      112 words
    • Article, Illustration
      Lock icon Euro rises after Italy bond auction
      446 10 CURRENCIES Reuters [LONDON] The euro rose to a oneweek high against the US dollar yesterday, helped by Italian government bonds holding their ground despite tepid demand at bond auctions, but unresolved worries about eurozone sovereign debtors are likely to limit gains. Italy’s three-year borrowing
      Reuters; AP  -  446 words
    • Article
      Lock icon RISES
      110 10 BY CENTS CLOSE UP DBXT AUDCS 5AU$ ***** 122.4 0.5 DBXT iBoxxKR 5US$ ***** 115.5 0.7 JMH 5184 90.4 1.4 DBXT FTVietnam 10US$ 2566 66.5 2.1 DBXT FTChina25 10US$ 2724 61.5 1.8 JSH 3246 57.8 1.4 Great Eastern 1400 27.0 2.0 DBXT MSTHAI 10US$ 1827 25.1 1.1 DBXT SPASX200
      110 words
    • Article
      Lock icon FALLS
      122 10 BY CENTS CLOSE DOWN DBXT S&P Short 10US$ 3761 -33.9 -0.7 IS MSCI Spore 1267 -32.6 -2.0 STXPO 100 725 -25.0 -3.3 Lyxor ThaiSET 10US$ ***** -18.8 -0.1 B Sembawang 481 -18.0 -3.6 SIA.ES.1204 1045 -15.0 -1.4 DairyFarm 1040 -13.8 -1.0 GLD 10US$ ***** -12.6 -0.1 Hyflux 6% CPS
      122 words
    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 10 DAILY
      5 words
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      883 11 +1 *1 http://go.bestdenki.com.sg I Like us on I facebook.com/bestsg twitter.com/ askbestdenki THE AMSUN A Boarding Pass for Your Travel Experiences By B€ST DENKI li HI AN 8 DAYS TRIP V V IIM TO KOREA JEJU m CASH WORTH V 5,000,000 Approximately: S$5,000) From 6 April 28 May 2012 Be spellbound
      883 words
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      2587 12 a» WATS NOTICES Toll free 1800-289-8822 Email notices@sph,com.sg www.cats.com.sg/notices Ntegrator International Ltd. (Incorporated in Singapore) (Co. Reg. No: *****4281D) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Annual General Meeting of Ntegrator International Ltd. (the “Company”) will be held at 4 Leng Kee Road #06-04, SIS Building,
      2,587 words
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      Lock icon Page 12 Advertisements Column 2
      391 12 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 BLUE VALLEY HOLDINGS PTE. LTD. [Company, Reg. No.: *****4870K] MEMBERS’VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the Company which was deemed to have been held on 3 April 2012 and the following resolutions passed pursuant to Section 179(6) of the
      391 words
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  • SINGAPORE NEWS
    • Article
      Lock icon Industrial properties star performer in Q1
      495 13  -  Capital values of prime factories beat expectations with 4.8-5.3% surge By MINDY TAN CONTINUED diversion of investor interest toward the industrial property sector trumped global economic uncertainties, resulting in Singapore’s industrial property market emerging the best performing real estate sector in the opening quarter
      495 words
    • Article
      Lock icon 18 mths’ jail for fifth man in SLA fraud case
      284 13 A FIFTH man has been convicted and sentenced to 18 months’ jail for his involvement in the Singapore Land Authority fraud case. Tan Meng Teck, 43, faced 11 charges involving a total amount of $388,320, of which the prosecution proceeded
      284 words
    • Article
      Lock icon Trafigura keen on investing more in Asia-Pacific
      463 13  -  By RONNIE LIM TOP three global oil trader Trafigura, which has just bought into its first Asian refinery in India, is looking to invest in more refining assets in this region to boost its trading and supply business, says Jonathan Pegler, its director
      463 words
    • SINGAPORE ROUNDUP
      • Article
        Lock icon LTA submits report on rail disruptions to COI
        62 13 THE Land Transport Authority has submitted its investigation report on the Dec 15 and Dec 17, 2011, train service disruptions to the Committee of Inquiry. The COI begins its public hearing on Monday at the Subordinate Courts. LTA said it will cooperate
        62 words
      • Article
        Lock icon SPH magazines top roll of honours
        110 13 EIGHTEEN publications by SPH Magazines were ranked among the top three magazines across 16 categories in this year’s Magazine of the Year survey by trade magazine Marketing, parent Singapore Press Holdings said yesterday. A total of 337 respondents participated in the survey. It found
        110 words
    • Article, Illustration
      Lock icon CPF’s top-up scheme to include parents-in-law
      408 14  -  Change in Minimum Sum Top-Up Scheme to be effective from January 2013 By JASMINE NG THE Central Provident Fund (CPF) Board is further liberalising its Minimum Sum Top-Up Scheme to include parents-in-law and grandparents-in-law. This was announced yesterday by Minister of State for Manpower
      408 words
    • Article
      Lock icon S’poreans own the most credit cards in the region: poll
      260 14  -  By AMANDA EBER NOT only does Singapore have the highest penetration of platinum credit card holders in Asia, cardholders here also own the highest number of cards in the region Results from the HSBC Credit Card Monitor Survey across eight
      260 words
    • Article
      Lock icon Businesses less confident about prospects: poll
      320 14  -  By JASMINE NG BUSINESSES in Malaysia and Singapore are less confident about their prospects over the next six months than they were last September, according to a survey by Sage. But they remain positive overall with an index of 64.15 against a global average
      320 words
    • Article
      Lock icon MedTech Hub launched, industry grew 12%
      467 14  -  By NISHA RAMCHANDANI SINGAPORE’S medical technology industry, which posted a manufacturing output of $4.3 billion in 2011, has been growing at a healthy pace. The sector which registered a manufacturing output of just $1.5 billion back in 2000 grew by 12 per cent in
      467 words
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      176 13 mm r A 4 IT DOESN’T GET ANY BIGGER THAN THIS. Absolutely the biggest sedan in its class. RENAULT FLUENCE 1,6A $52,888 (WITHOUT COE) LAST 3 DAYS to enjoy the most attractive COE packages in town! www.renault.com.sg RENAULT FLUENCE is absolutely the biggest sedan in its class (we’re not exaggerating,
      176 words
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      Lock icon Page 13 Advertisements Column 2
      35 13 Till Junk foods and red meats may contain high levels of trans and saturated fats which build up in your liver. Over time, it may weaken your liver functions. Health news from B LIVE WELL
      35 words
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      1156 14 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices HLN TECHNOLOGIES LIMITED Incorporated in Singapore on 26 February 2004 (Registration Number: *****2180C) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 2012 Annual General Meeting of the members of the Company will be held at the Seminar Room, Keppel Club,
      1,156 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon Japan says economy is still in slow recovery mode
      629 15 Report also upgrades view on exports, says fall in consumer prices has eased Reuters [TOKYO] Japan’s government yesterday stuck to its assessment that the economy is slowly recovering but raised its view on exports, saying overseas shipments are showing signs of
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    • Article
      Lock icon ECB says it has enough tools to fight inflation
      291 15 Bloomberg [FRANKFURT] The European Central Bank said it is prepared to act if needed to curb inflation pressures even as downside risks to the economic outlook prevail. “All the necessary tools are available to address upside risks to medi-um-term price stability
      Bloomberg  -  291 words
    • Article
      Lock icon UK trade gap widens as key exports drop
      358 15 Deficit due to fall in shipments of cars, heavy machinery Bloomberg [LONDON] The UK trade deficit widened to the most in three months in February as exports of cars and heavy machinery fell, especially to the US, China and Russia. The goods-trade
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      136 15 SCA K FASHIOMWEEKJ THE SHOPPES AT w MARINA BAYSonBs« SINGAPORE THE SHOPPES AT MARINA BAY SANDS® PRESENTS MEN'S FASHION WEEK 2012 18 22 APRIL In a celebration of Fashion and Music, Men's Fashion Week 2012 is set to raise the style bar. Enjoy these exclusive deals and prizes from 23
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  • MALAYSIA/INDONESIA
    • BRIEFING
      • Article
        Lock icon Johor Corp plans RM3b Islamic bond issue
        90 16 Bloomberg [KUALA LUMPUR] Johor Corp, which is partnering CVC Capital Partners to buy out two Malaysian fast-food companies, plans to raise as much as RM3 billion (S$1.2 billion) through an Islamic bond programme, three people with knowledge of the transaction said. The group
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      • Article
        Lock icon Indonesia’s central bank holds rate
        90 16 Reuters [JAKARTA] Indonesia’s central bank held its benchmark rate steady yesterday for a second straight month, as expected, and signalled it will use tools other than a rate rise to manage inflationary pressures from any government fuel price hike this year. The benchmark overnight rate
        Reuters  -  90 words
      • Article
        Lock icon UK mining firm challenges Indonesia
        82 16 Reuters [JAKARTA] A London-listed miner’s fight over a multi-billion dollar coal mine in Indonesia is heading to international arbitration in May after the country’s supreme court moved to reject the firm’s appeal last week. Churchill Mining Plc has been fighting Indonesia’s Nusantara Group for almost
        Reuters  -  82 words
    • Article
      Lock icon Skills mismatch stifling wage growth in Malaysia
      522 16  -  World Bank report also says structural reforms required for the modern job By PAULINE NG in Kuala Lumpur A MISMATCH in education and employment skills has been one of the factors suppressing wage growth in Malaysia and the creation of “modern” better paying
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    • Article
      Lock icon Export surge fuels hopes for KL to keep rates steady
      530 16  -  February exports up 14.5% compared to 0.4% in January By S JAYASANKARAN in Kulau Lumpur AN unexpected rise in February’s export growth has fuelled hopes that global economic conditions may have stabilised, a thesis that could encourage Malaysia’s central bank
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      54 16 www.vw.com.sg O °7> V I <</ < <r O *< *Az <2r <o o s? s> o <*- o o As o G o >h c> 'C A> O Volkswagen, which is over here... v Volkswagen. Das Auto. Volkswagen Centre Singapore (Alexandra), 247 Alexandra Road, Tel: 6474 8288 and Volkswagen
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  • GREATER CHINA
    • Article, Illustration
      Lock icon Bo’s fall may be a blessing for the economy
      574 17 It may spell the end of his Chongqing model of growth, which relied on local govt debt Bloomberg [BEIJING] Apr 12 The downfall of former Chongqing city chief and politburo member Bo Xilai and the arrest of his wife on suspicion
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    • Article
      Lock icon China’s new loans surge to 1 trillion yuan in March
      399 17 Forex reserves rise to US$3.31t after dropping in Q4 Bloomberg [BEIJING] China’s new yuan loans surged and money-supply growth quickened last month after Premier Wen Jiabao moved to bolster the economy by cutting banks’ required reserves and helping smaller businesses
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    • Article
      Lock icon Currency variation preferred for dim sum bond market
      334 17  -  By YONNEX LI EJ Insight [HONG KONG] Asset diversification demand from investors will serve as a long-term growth driver for Hong Kong’s yuan-denomi-nated bond market, helping counter the negative impact from any slowdown in the appreciation pace of the Chinese currency. This
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      115 17 www.vw.com.sg S' <2? 'V </ I V vr G G 4/ G y G yO 4r o *A, *0? o yO 'S'/ 4/ vK <c<5> >1/ o o <9 V' V V ...is now over here too. To serve you better, Volkswagen is opening a 2nd dealership. You’ll find full
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  • INDIA
    • Article, Illustration
      Lock icon India posts sluggish Feb industrial output
      742 18 Central bank likely to cut interest rates next week to boost consumer demand Reuters [NEW DELHI] India’s industrial production grew at a slower-than-expected pace in February, weighed down by a contraction in output of consumer durable goods, reinforcing expectations the central bank will cut
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    • Article
      Lock icon SBI plans to buy loans from banks in US, Europe
      575 18 Bloomberg [NEW DELHI] State Bank of India, the nation’s largest lender, plans to buy loans from banks in the US and Europe to boost its overseas credit assets and profitability. The Mumbai-based lender is seeking to purchase loans given mostly
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      106 18 www.vw.com.sg 9 9 y Finger 9 >r\ food. 3 ,nst ant photo booth. 9 mt Facility tours. it v iXi K. V> <•; ®yfl gT'.y .1? Ice cream. 9 Fun for kids. MediaCorp artiste! 14th April, K 2 P pm, You’re invited to the grand opening of Volkswagen Centre Singapore
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  • WORLD
    • Article, Illustration
      Lock icon Oil demand growth ‘to remain moderate’
      526 19 IEA keeps its 2012 forecast for such growth at 0.8 mbd to 89.9 mbd AFP [PARIS] The International Energy Agency (IEA) maintained its forecast of moderate oil demand growth this year but said yesterday that a tighter market trend since 2009 seems to be
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    • Article
      Lock icon Mining investment still robust, says Aussie minister
      424 19 AFP [SYDNEY] Australia insisted mining investment remained robust yesterday after resources giant BHP Billiton said it would shut a loss-making coal mine that had been hit by a strike, falling prices and floods. The world’s largest miner said it would “cease production indefinitely”
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    • Article
      Lock icon Russia’s Khloponin is Cabinet top earner
      220 19 He and his wife earn a combined 488.8m roubles Bloomberg [MOSCOW] Russian Deputy Prime Minister Alexander Khloponin and his wife last year overtook the family of Igor Shuvalov, Premier Vladimir Putin’s first deputy, as the biggest earners among Cabinet members. Mr Khloponin, who is
      Bloomberg  -  220 words
    • Article
      Lock icon Trade deficit narrows more than forecast in February
      461 20 Gap shrinks 12% to US$46b, smallest since October, from US$52.5b in January LATEST US DATA AFP [WASHINGTON] The trade deficit in the United States narrowed more than forecast in February as imports fell by the most in three years, reflecting the smallest
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    • Article
      Lock icon WTO sees global trade growth slowing to 3.7% this year
      323 20 Bloomberg [GENEVA] Global trade in goods will grow 3.7 per cent this year after expanding a less-than-fore-cast 5 per cent in 2011 as Europe’s sovereign debt crisis continues to crimp commerce, the World Trade Organization says. “More than three years
      Bloomberg  -  323 words
    • Article
      Lock icon Ruling party wins South Korea’s parliamentary poll
      340 20 AFP [SEOUL] South Korea’s ruling conservatives yesterday won a parliamentary poll fought mostly on economic issues, with analysts saying voters opted for stability ahead of a presidential election in December. Official results from Wednesday’s vote showed the New Frontier Party (NFP) had won
      AFP  -  340 words
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      Lock icon Greek voters urged to ensure they get a place in EU, euro
      805 21 PM Papademos issues his call as he flags off the race for May 6 elections Bloomberg [ATHENS] Greek Prime Minister Lucas Papademos urged Greeks to choose the path that secures their role in the European Union (EU) and
      Bloomberg; REUTERS  -  805 words
    • Article
      Lock icon Sarkozy using markets to scare voters, says rival
      375 21 Reuters [PARIS] Socialist presidential frontrunner Francois Hollande has accused Nicolas Sarkozy of encouraging market volatility for political ends after the conservative said victory for Mr Hollande could spur a crisis of confidence in France. With tensions between the two rivals mounting 10
      Reuters  -  375 words
    • Article, Illustration
      Lock icon Fed‘s ultra-easy monetary policy appropriate: Yellen
      1002 22 She says economic outlook is uncertain, highlights concerns over unemployment Reuters [NEW YORK] The Federal Reserve’s ultra-easy monetary policy is appropriate given high unemployment and the headwinds facing the economy, the No 2 official of the US central bank said on Wednesday, as she
      Reuters  -  1,002 words
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      Lock icon More US homes enter foreclosure process
      675 23 Stage set for surge in properties repossessed by lenders this year AP [LOS ANGELES] More US homes are entering the foreclosure process, setting the stage for a surge in properties repossessed by lenders this year. The number of homes that received first-time foreclosure notices
      AP; BLOOMBERG  -  675 words
    • Article
      Lock icon Q2 profit up 34.4% at Japan’s Fast Retailing
      300 24 Reuters [TOKYO] Asia’s top apparel retailer Fast Retailing Co posted a 34.4 per cent jump in second-quarter operating profit after unseasonably cold winter weather boosted sales at Japan outlets of its Uniqlo brand, and lifted its full-year profit forecast. Fast Retailing makes
      Reuters  -  300 words
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      Lock icon Australia reports March jobs surge
      700 24 Central bank awaits consumer price report before deciding on rates Bloomberg [SYDNEY] Australian payrolls rose more than economists forecast in March, capping the best quarter since 2010, led by financial and manufacturing states Victoria and New South Wales. The local currency reached a one-week high.
      Bloomberg; REUTERS  -  700 words
    • Article, Illustration
      Lock icon Mobile losses prompt rethink at Nokia
      863 26 Analysts suggest it sell handset business to focus on smart devices Bloomberg [LONDON] Less than two months ago, Nokia Oyj chief executive officer Stephen Elop stood up at the mobile-phone industry’s annual jamboree to declare that the company had turned the corner as sales
      Bloomberg; REUTERS  -  863 words
    • Article
      Lock icon Goldman may pay US$22m to settle case
      352 26 Reuters [WASHINGTON] US securities regulators are preparing to announce that Goldman Sachs will pay US$22 million to settle allegations the bank did not have adequate policies to prevent research from being passed inappropriately to preferred clients, people familiar with the matter said on
      Reuters  -  352 words
    • Article, Illustration
      Lock icon Les super-riches crossing Channel as tax fears rise
      707 27 Priciest properties in central London see surge in interest from French buyers Reuters [LONDON] The plushest neighbourhoods of central London are attracting increased interest from a new wave of super-rich migrants from France, scared by a rising tide of tax threats from
      Reuters  -  707 words
    • Article
      Lock icon Former Millennium traders plan Japan-focused funds
      519 27 Funds to raise US$150m each in about a year, invest in Japan, HK, Australia, Korea and Taiwan Bloomberg [TOKYO] Former traders at Millennium Management LLC plan to start new hedge funds that will mainly invest in Japanese equities to capture demand as the nation’s
      Bloomberg  -  519 words
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      142 19 www.vw.com.sg 9 P°/o. $3,500 off Are VouP 0 lo enough? 9 ss moton ng 9 500 ott. Pos5a i.;*--- j ,1,o ub How an execu 9 Vc Polo Jen A Passal 1 9 Scirocco. $12,500 off. Behave. as Sharon. $5,000 off. The ultimate IWPV. oo ft sports car. a 1
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      489 20 i 0 5> Our Greatest Hits Savour tire best that 10 at Claymore has to offer with Plates of Pleasure Our Greatest Hits. Our culinary brigade has cherry-picked six sensational dishes from our Plates of Pleasure series over the last year to create a showcase featuring Stone Grilled US Premii
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      25 20 Plates of Pleasure Our Greatest Hits Available until 30 April 2012 $S2 (dinner) $SS (Sunday brunch) For reservations, please call 6831 6686 or email eat.sgo@panpacific.com
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      180 21 Last day to register for the FREE seminars. Sign up today! Asia’s dedicated internet and mobile business event THE Mobile SHOW ASIA 2012 Suntec Singapore International Convention Exhibition Centre, Singapore Wednesday, 25 April 2012 10.30am 5.30pm Thursday, 26 April 2012 j 10.30am 5.30pm Friday, 27 April 2012 j 10.30am 3.30pm
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      181 21 s.iKfc, W r9 SE Mixed Use:.Office/Warehouse/Factory Area Size: 2,600.sq ft to 2,900.sq ft/floor JERRY LUM Snr Marketing Director, MBA, CES cea licence no: R *****6 d HP: 8288 0098 View: jerrylum.myweb.sg ERA Estate Agent Licence No L*****82K When You Buy, Sell, or Rent The Leading Global Finance Master Degree Program
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      1099 22 notices Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices STAR PHARMACEUTICAL LIMITED Company Registration No. *****0429W (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of STAR Pharmaceutical Limited (“the Company”) will be held at Peach Garden 33 in The Executives’
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      1546 22 HOTEL ROYAL LIMITED (Co. Reg. No. *****0298G) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 43rd Annual General Meeting of Hotel Royal Limited will be held at the Hotel Royal Queens, Queen’s Room, Level 3, 12 Queen Street, Singapore *****3 on
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      1231 23 CONSCIENCEFOOD HOLDING LIMITED (Incorporated in Singapore with limited liability) (Company Registration Number: *****2581E) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Annual General Meeting of Consciencefood Holding Limited (the “Company”) will be held at 1 Robinson Road, #18-00 AIA Tower, Singapore *****2 on Monday, 30 April 2012
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      3004 23 ENGRO CORPORATION LIMITED (Company Registration No.: *****2229H) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of EnGro Corporation Limited (the “Company”) will be held at 25 International Business Park, German Centre, 5th Floor, Munich Room, Singapore *****6 on
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      2509 24 >«• KATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices HOTEL PROPERTIES LIMITED (Company Registration No. *****0348Z) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Thirty-Second Annual General Meeting of the Company will be held at Four Seasons Ballroom, Level 2, Four
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      Lock icon Page 24 Advertisements Column 2
      27 24 To subscribe, call 6388-3838 or go to sphsubscription.com.sg Over $100m in Additional Buyer's Stamp Duty i i\ AS DJ CHARMAIN TRAVEL BUDDY! collected in last four months
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      59 25 GETYOUR APRIL ISSUE NOW! YOUR FAVOURITE ALL-WOMEN RUN IS BACK! DATEJuly 15, 2012 (Sunday) START/END POINTNicoll Highway Register NOW at w w w.shape.com.sg/shaperun2012 IPL BUBBLE Is the T20 league struggling for viewership? The beauty on the TajExpress GET YOUR COPY TODAY FROM ALL 7-ELEVEN OUTLETS WHILE STOCKS LAST CATS Recruit
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      3430 25 SWISSCO HOLDINGS LIMITED Company Registration Number: *****4711D (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTCE IS HEREBY GIVEN that the Annual General Meeting of SWISSCO HOLDINGS LIMITED (“the Company”) will be held on Monday, 30 April 2012 at 10.00 a.m. at Republic of Singapore Yacht Club,
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      1745 26 WATO NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices CATS Recruit The first door to your world of opportunities CLA/AUG06/g CHINA FIBRETECH LTD. (Incorporated in Bermuda on 12 July 2007) (Company Registration Number *****) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Annual General Meeting of China Fibretech
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      2812 27 KATS3 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices (Company Registration No.: *****1039W) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Twenty-Second Annual General Meeting of the Company will be held at Grand Mercure Roxy Hotel, Amber Room, Level 3, 50 East
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      164 28 UNIT 01-48, PARAGON, TEL 65.6738.3323 LEVEL 1, TAKASHIMAYA DEPARTMENT STORE TEL. 65.6738.2212 y w/K& r tmm-m m '4mm m tww 9M&. ri> ?>■ I '.AjaH'iW- ■\S -*d. m Mi f'v't I. -I' SM&. *3 V V- v 1 -V- r jO<2T v iirrffiYmiiim mu Ml ii h* 1 oi' o
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  • AVIATION
    • Article, Illustration
      Lock icon Airline stocks fall after Air India bailout
      518 29 There are also no plans to let overseas airlines invest in domestic carriers Bloomberg AP [NEW DELHI] Kingfisher Airlines and Jet Airways (India) fell in Mumbai, reversing earlier gains, after the cabinet approved an Air India restructuring but didn’t consider a proposed easing
      Bloomberg; AP  -  518 words
    • Article
      Lock icon Turkey adopts wait-and-see approachfor F-35s
      231 29 Reuters [ISTANBUL] Turkey, which said in February it intended to buy 100 of Lockheed Martin’s F-35 fighter jets, will buy only two this year, and will decide each following year how many planes it will order, Defence Minister Ismet Yilmaz told Reuters. The Pentagon and
      Reuters  -  231 words
    • Article
      Lock icon Lawmakers worried Olympics could overwhelm Heathrow
      473 29 AP [LONDON] British lawmakers have questioned Heathrow Airport’s ability to cope with an influx of passengers during the London Olympics this summer, warning that long lines at immigration could force planes to sit on runways or even circle Europe’s busiest airport. The concerns were
      AP  -  473 words
    • Article
      Lock icon BA to slash Gatwick jobs in bid to compete with low-cost carriers
      278 29 Bloomberg [LONDON] British Airways (BA), the UK unit of International Consolidated Airlines Group SA, plans to cut jobs at London Gatwick airport to respond to increasing competition from low-cost carriers. The airline is seeking to outsource as many
      Bloomberg  -  278 words
  • Page 29 Advertisements
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      53 29 VIEWS FROM THE TOP What positives can businesses take from the upcoming Personal Data Protection Bill and other initiatives to protect consumer data and privacy? How will such initiatives impact companies’ use of social media and other online/mobile strategies? Check out what our CEOs are saying. In BT this Monday,
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      100 29 a f* now you can leap into a whole begin your journey by hopping onto a becak medan's local rickshaw, then stop by the iconic maimoon palace and marvel at its ornate interior, end off on a high note by surrounding yourself with magnificent scenery at tranquil lake toba. all-in
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  • EDITORIAL & OPINION
    • Article
      Lock icon The eurozone’s Spanish problem
      474 30 EDITORIAL LAST month’s Greek bailout may have tamed the flames of the eurozone debt crisis but some big smouldering embers still remain. This time, Spain is feeling the heat and its problems have the potential to cause far greater instability for the world economy than those
      474 words
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      Lock icon Backdating India’s tax law change short-sighted
      823 30  -  THE BOTTOM LINE YOGI AGGARWAL The writer is a Mumbai-based journalist who contributes regularly to BT THERE is a saying in India: “Bureaucratic obstinacy has always triumphed over good sense.” So it seems once again this time when a law was changed retrospectively to
      823 words
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      Lock icon Romney in uphill battle to win support of ‘99%’
      1137 30  -  Romney continues to be plagued by criticism that he is ‘out-of-touch’ with regular folk LEON HADAR Washington Correspondent IT’S the first week of the Rest of the 2012 presidential campaign. Rick Santorum announced the suspension of his bid for the Republican
      AFP  -  1,137 words
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      Lock icon Why it isn’t ‘just business’ in families
      1275 31  -  Negotiations in a family business require special care because of the sensitivities and different dynamics at work By SUZANNE C DE JANASZ, JOACHIM SCHWASS Suzanne C de Janasz is professor of leadership and organisation development at IMD, where she teaches in the programme
      STOCK.XCHNG  -  1,275 words
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      Lock icon The big monetary easing
      949 31  -  Both Fed and ECB have done a lot to stimulate the economy, but there’s qualitative difference between the two By DANIEL GROS The writer is director of the Center for European Policy Studies Project Syndicate MORE than three years after the financial crisis that erupted in
      Project Syndicate; AP  -  949 words
    • Article
      Lock icon How long is a piece of string?
      571 31  -  By LOH UANTCHERN, GIAMG SOVANN Loh Uantchern is president of the Institute of Internal Auditors, Singapore, and Giang Sovann is the executive director of the Singapore Institute of Directors THE annual reporting season for many Singapore-listed companies is now starting to get into
      571 words
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  • SHIPPING
    • Article
      Lock icon Somali pirates are now better armed: analyst
      402 32 Reuters [CAPE TOWN] Somali pirates have acquired sophisticated weaponry, including mines and shoulderheld missile launchers from Libya, and are likely to use them in bolder attacks on shipping, a senior maritime security analyst said yesterday. “We found that Libyan weapons are being sold
      Reuters  -  402 words
    • Article, Illustration
      Lock icon Daewoo expects 34% surge in offshore orders
      646 32 It may win US$8.5b of contracts for offshore products this year Bloomberg [SINGAPORE] Daewoo Shipbuilding Marine Engineering Co expects to boost offshore equipment contracts 34 per cent this year and is in talks for its first order for a floating liquefied natural gas
      Bloomberg; BLOOMBERG  -  646 words
    • Article
      Lock icon Baltic index up on panamax, capesize rates
      352 32 Reuters [BANGALORE] The Baltic Exchange’s main sea freight index tracking rates for ships carrying dry commodities rose on Wednesday, as Atlantic activity boosted panamax and capesize vessel rates. The main index, which factors in the average daily earnings of capesize, panamax, supramax, and
      Reuters  -  352 words
    • Article
      Lock icon Iron ore ship earnings reach three-month high
      234 32 Bloomberg [LONDON] Earnings for the biggest iron ore-carrying ships rose to a three-month high on the Brazil-to-China voyage as demand for the steelmaking raw material strengthened. The cost to haul a metric ton of the ore on the route on a capesize gained
      Bloomberg  -  234 words
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      2040 32 BgATsa NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices CHINA BEARING (SINGAPORE) LTD. 中 (Incorporated in the Republic of Singapore) (Registration No. *****2048E) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Seventh Annual General Meeting of the Company will be held at the Queen Room, Level 15, Hotel
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      2770 33 Transaction date: Apr 12 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 Div Gr Yld 123 92.5 AIMSAMPIReit 115 +0.5 406 115.5 115 115 115.5 1.7 11.6
      2,770 words
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      Lock icon SGX CATALIST
      222 34 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 Div Gr Yld Net M Cap High Low Company Sale (’000) High Low Buyer Seller C'vr P/E Smil 4.7
      222 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      7483 34 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** AXA Wealth Mgt S'pore Pte Ltd APS Alpha Fund (USD)!** Aberdeen Asset Mgt Asia Limited AXA Wealth Mgt S'pore Pte Ltd Aberdeen Asset Mgt Asia Limited Asian Local Ccy SD Bond ....0.9961/ EM Local Ccy
      7,483 words
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      Lock icon GLOBALQUOTE
      205 34 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 53 32 AVJennings A32.5 unch 8 32.5 32.5 32.5 34 3.6 10.8 2.6 84.6 46 25.5 Genting HK US$ US37.5 unch 4946 38 37 37.5 38 2469.2
      205 words
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      Lock icon SGX ETF
      918 34 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 103 100 CIMB APAC Div 100US$ US101 100.1 101.1 10.6 1261 856 CIMBAsean40 100US$ US1019 +8 11 1019 1012 1019 1021 159.8 ***** ***** DBXT AUD
      918 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon SGX FUTURES
      601 35 Apr 12 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT 9486.19 9541.04 9449.49 Jun12 9440.00 9550.00 9400.00 9535.00 *****1 *****6 Sep12 9445.00 9475.00 9445.00 9530.00 60 3057 MSCI TAIWAN INDEX FUTURES SPOT 274.58 274.87 272.13 Apr12 273.30 274.00 271.00 273.50 ***** *****5 May12 272.00 273.30
      601 words
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      373 35 In local curr In S$ In US$ dy yr dy yr dy yr Apr 11 Index Change Change Change Change Change Change World Preliminary 888.1 0.6 7.0 0.2 4.0 0.7 7.2 EAFE Preliminary 716.9 0.1 5.1 -0.1 2.1 0.3 5.3 Europe Preliminary 1056.6 0.7 2.9
      373 words
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      Lock icon SMX MARKET UPDATE
      99 35 As on 11 April 2012 www.smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE VOL (in Lots) PRECIOUS METAL GOLD FUT JUN2012 1661.20 1654.10 1660.40 130 CURRENCY AUD-USD FUT JUN2012 1.0233 1.0197 1.0230 1460 EUR-USD FUT JUN2012 1.3162 1.3097 1.3104 2296 BASE METAL COPPER FUT MAY2012 8081 8032 8025 1966
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      107 35 Apr 11 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low May 12 1422.00 1426.00 1431.25 1415.00 Jul 12 1424.25 1427.25 1432.50 1416.75 Aug 12 1412.25 1418.25 1422.00 1408.00 Sep 12 1383.00 1388.25 1391.75 1378.25 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low May 12 56.45
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      76 35 CRUDE OIL PRODUCTS Apr 11 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 119.83 -0.96 WTI (Near Mth) 102.66 1.42 Dubai (1-Mth F) 116.33 -1.51 Tapis blend 127.01 -2.03 Minas 127.01 -2.03 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 114.00 -2.11 Jet Kerosene 131.42 -1.95 US$/barrel OpecOil Basket
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      22 35 Apr 12 S$ Bid Offer 1-month 1.2554 1.2559 2-months 1.2553 1.2558 3-months 1.2550 1.2554 6-months 1.2537 1.2543 Source: OCBC
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      66 35 Apr 11 Apr 11 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 2060.75 2027.00 3 months 2099.00 2065.00 Copper, Grade A(US$/tonne) Cash 8077.50 8058.00 3 months 8040.00 8030.00 Lead(US$/tonne) Cash 2060.00 2021.50 3 months 2053.00 2018.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin(US$/tonne) Cash *****.00 *****.00 3
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      80 35 Apr 11 COCOA (£/tonne) Close Prev High/Low May 12 1381 1421 1397/1366 Jul 12 1390 1426 1404/1375 Sep 12 1399 1431 1413/1385 Dec 12 1408 1436 1420/1395 COFFEE(US$/tonne) Close Prev High/Low May 12 2009 1987 2027/1971 Jul 12 2019 2005 2040/1987 Sep 12 2030 2020 2052/2004 Nov 12 2025
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      1357 35 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 1 150 280 20.00 25 Baker Technology Ltd W*****6 1.8 1 32 9 17.22 7 Best World Intl Ltd W*****5 0.6 1 30 70 30.00 15 Biosensors
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      470 35 Apr 12 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.039 6.544 0.791 8.054 53.398 95.244 0.840 11.833 3.184 1.265 94.082 44.336 1.303 8.264 0.951 30.635 31.971 0.651 1.037 Canada 0.963 6.300
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      75 35 Apr 12 IUMI 131 i mil O.J-W UtllS i mitu o.pjtfu iuwsdo i IflllU OWn (i4iw; min o.moj 04' V5.3 *tnilii. UJiitiu asiltl!. if mms isviii' a(«»f lAie, fin J ffttfiV nr«>iir 3 mihi nsvin q j t*o« •i 0 M mlh. 11 <WAf Mid rnl»s (SSI r 0
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      127 35 Apr 12 •30iD m\m> 12 Ip* If llAny fWfty tfcUDC If 40r iy UuOlftfil l«7=rf In VK 1 YA fr in Source: Thomson Reuters CAST liAn w K trtthrm Uuylrai Wilbur /in'll *W\\ pump soto bars seillrm Poyln.i 10m 1*5 s; r-um •13* 315 lOj/in r,r. ifOuwt |ST>
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      155 35 Apr 12 US$ Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.3023 1.3029 1.0373 1.0374 Canadian dollar 1.2536 1.2546 0.9985 0.9990 Euro 1.6461 1.6467 1.3111 1.3112 NZ dollar 1.0288 1.0303 0.8194 0.8204 Sterling pound 1.9993 2.0003 1.5924
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      89 35 Apr 12 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****H 12-Jul-12 0.30 1-Year BY*****W 01-Nov-12 0.31 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0H 0.250 01-Feb-14 100.22 100.25 100.25 5-Year N*****0Z 2.375 01-Apr-17 108.85 108.95 108.9
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      57 35 Apr 12 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Apr 12 3622.0 3645.0 3622.0 3610.0 59 2667 May 12 3600.0 3619.0 3606.0 3577.0 1649 ***** Jun 12 3589.0 3613.0 3598.0 3563.0 ***** ***** Jul 12 3581.0 3589.0
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      121 35 As at 9am Apr 12 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.327 1.264 Can dollar 1.276 1.227 Euro 1.679 1.615 Sterling pound 2.039 1.961 NZ dollar 1.059 1.009 US dollar 1.276 1.227 Local dollars to 100 units of foreign
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      160 35 Apr 12 $S Offer Bid 0vernight 0.02 0.01 1-month 5/16 3/16 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.03 US$ Offer Bid 7 days 0.23 0.13 1 month 0.40 0.20 2 months 0.45 0.25 3 months 0.55 0.35 6 months 0.85 0.65 9 months 1.05 0.85 12
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      3026 36 WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices CHINA SUNSINE CHEMICAL HOLDINGS LTD. (Company Registration No. *****9470N) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of China Sunsine Chemical Holdings Ltd. (the “Company”) will be held at Connaught
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      3552 37 WAT3 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices KINERGY LTD (Incorporated in the Republic of Singapore Company Registration No. *****0021D) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting (“AGM”) of Kinergy Ltd (the “Company”) will be held at 30 Stevens Road, the Pines Club,
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      4564 38 WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices SUNVIC CHEMICAL HOLDINGS LIMITED (Company Registration No. *****6502E) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at FTSE Room, 9th Floor, Capital Tower, 168
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      5943 39 mats notices Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices (Incorporated in the Republic of Singapore) Company Reg. No. *****0049H NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Forty-Third Annual General Meeting of the Company will be held at Albizia Room, Level 2, Jurong Country Club, 9 Science Centre
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      2321 40 /SD/VHoldings LIMITED ISDN HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Company registration no. *****6788Z) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of ISDN HOLDINGS LIMITED (the “Company”) will be held at 105 Tampines Road, #06-06 Wing Tai Industrial Centre, Singapore *****7 on
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      2897 40 Banyan Tree Holdings Limited (Incorporated in the Republic of Singapore) (Company Registration No. *****3108H) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Twelfth Annual General Meeting (“AGM”) of the Company will be held at Ballroom 1 Lower Lobby, The Fullerton Hotel, 1 Fullerton Square, Singapore *****8, on
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      2862 41 DEL MONTE PACIFIC LIMITED (Incorporated in the British Virgin Islands with limited liability on 27 May 1999) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Del Monte Pacific Limited (the “Company”) will be held at M Hotel Singapore, Shenton Room, Basement 1,81 Anson
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      2942 41 CHINA ENERGY LIMITED (Company Registration No. *****0060K) (Incorporated In the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of CHINA ENERGY LIMITED (the “Company”) will be held at M Hotel Singapore, Anson III, Level 2, 81 Anson Road, Singapore *****8 on
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      4666 42 WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices HIAP HOE LIMITED (Company Registration No. *****0676Z) (Incorporated in Singapore with limited liability) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Hiap Hoe Limited (“the Company”) will be held at Orchard Hotel, Juniper Room, 442
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      1099 43 Company Registration No. *****3865N (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that an Annual General Meeting of TSH Corporation Limited (the “Company”) will be held at 62 Burn Road #06-01 TSH Centre Singapore *****6 on Monday, 30 April 2012 at 10.30am to
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      4140 43 CHINA MERCHANTS HOLDINGS (PACIFIC) LIMITED [Company Registration No. *****1278D] (Incorporated In The Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of China Merchants Holdings (Pacific) Limited (the “Company”) will be held at Marina Mandarin Singapore, Pisces/Aquarius Room, Level 1, 6 Raffles
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      2929 44 Ramba ENERGY NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Ramba Energy Limited (the "Company") will be held at 11 Bedok North Avenue 4, Richland Business Centre, #05-01 Singapore *****9 on Monday, 30 April 2012 at 2.00 p.m. for the following purposes: AS
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      2221 44 HOLDINGS LIMITED ABR HOLDINGS LIMITED (Company Registration No.: *****3023H) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 33rd Annual General Meeting of the Company will be held at 41 Tampines Street 92, #03-00 ABR Building, Singapore *****1 on 30 April 2012
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      2612 45 NOBEL DESIGN HOLDINGS LTD (Incorporated in the Republic of Singapore) (Company Registration Number: *****4591E) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Annual General Meeting of NOBEL DESIGN HOLDINGS LTD will be held at 134 Joo Seng Road, 5th Floor Conference Room, Nobel Design House, Singapore *****9
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      2515 45 HEALTHWAY MEDICAL CORPORATION LIMITED (Incorporated in the Republic of Singapore) (Company Registration Number *****8625C) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the fifth Annual General Meeting (“AGM”) of Healthway Medical Corporation Limited (the “Company”) will be held at The National University of Singapore Society, Kent Ridge Guild
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      4238 46 WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices ▲W ARMSTRONG INDUSTRIAL CORPORATION LIMITED Company Registration Number: *****3808K CEM (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING Notice is hereby given that the 2012 Annual General Meeting of Armstrong Industrial Corporation Limited (the “Company”) will be held on
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      1209 47 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 ‘Loads Singapore, E./W. Malaysia, Indonesia Destination STXPO TBN Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Email:
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      531 47 WALLENIUS WILHELMSEN LOGISTICS Tel: (65) 6379 5066 Fax: (65) 6379 5106 Email: 2wsinenq@2wglobal.com website: http://www.2wglobal.com AUSTRALIA NEW ZEALAND TO ASIA VESSEL VOY AKL BNE PKL MEL FRE SIN ANIARA FF216 06/04 11/04 14/04 16/04 21/04 28/04 TIRRANNA FF217 13/04 17/04 20/04 22/04 27/04 03/05 TALISMAN FF218 20/04 24/04 26/04 02/05
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      914 48 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 SERVICE Approx transit time ex-Singapore 8 D 9 D 14 D VESSEL~ VOY SIN PKG JEA BND BIK SECOND OCEAN~ HDM0118S~ 20 Apr 21 Apr~
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      697 48 EASTERN CAR LINER, LTD SPECIALIZE IN RORO HEAVY LIFT INTRA-ASIA SERVICE VOY~ Ramp(KT)~ Lifting(KT)~ SIN~ PKL~ KUC~ KK~ JKT~ SUR GENIUS STAR II 41 60 18/04 21/04 YUSHO CHERRY 35 60 20/04 22/04 24/04 EL MAR VICTORIA 31 60 24/04 26/04 KING FISHER 28 60 24/04 25/04 24/04 MALAYSIA STAR
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      443 48 FOONG SUN SHIPPING (PTE) LTD INDONESIA SUMATRA PORTS VESSEL VOY ETA ETD DESTINATION BERJAYAI 05/12 18/04 20/04 BELITUNG/PKL BALAM VICTORY 6 06/12 IN PORT 14/04 JAMBI/PEKAN BARU SUN FLORA 09/12 17/04 19/04 PALEMBANG/PANJANG FAJARMAS 03/12 14/04 16/04 BENGKULU/PADANG SIANIRI 03/12 IN PORT 13/04 BELAWAN/LHOKSEUMAWE SINOPA 06/12 15/04 17/04 SABANG/MALAHAYATI INDONESIA
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      2748 49 WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF HOUGANG VIEW PTE LTD (CO REG NO. *****0861R) (Members’ Voluntary Liquidation) At an Extraordinary General Meeting of the Member of HOUGANG VIEW PTE LTD deemed to have been
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      400 49 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF VALVISTA PROPERTIES PTE LTD (CO REG NO. *****0503C) (Members’ Voluntary Liquidation) At an Extraordinary General Meeting of the Member of VALVISTA PROPERTIES PTE LTD, duly convened and held on 4 April 2012 the following were duly
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      35 50 From The Heart is on at the Maya Gallery till May 10. It is open from Tuesdays to Sundays, 12 noon to 6pm. Admission is free. Call 6291-1760 or log on to www.mayagallery.com.sgfor more information
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      32 50 Essence Of Performing is on at ION Art Gallery till April 18, from 10am to 10pm daily. Adm ission is free. Ca ll 6738-2317 or log on to www.sunjingalleries.com.sg for more information
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      153 50 Unity in Diversity is on at the Social Creatives Museum from April 14 to April 24, 11am to 9pm daily. Adm ission is free. Call 9487-2006 to make an appointment, or visit www.utterlyart.com.sg to view the art works Crouching Tigers and Hidden Dragons is on at One East ArtSpace on
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      36 50 New Works is on at Evil Empire on 48 Niven Road from Apr 18 to Apr 22. The gallery is open from Wednesdays to Sundays, 3pm to 9pm. Admission is free. E-mail info@salonprojects.com for more information
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      122 50 9.30pm. Tickets cost $25. Call 6348-5555 or log on to www.sistic.com.sg for more information and to purchase tickets industry. Alleycats: Istimewa Buat Singapura is on at the Esplanade Concert Hall on Apr 14, at 8pm. Ticket prices range from $68 and $188. Call 6348-5555 or log on to www.sistic.com.sg for
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  • Page 50 Miscellaneous
    • Miscellaneous
      Lock icon Page 50 Miscellaneous Column 1
      323 50 CRYPTIC CROSSWORD Across 1 Not against roughing up an opponent (10) 9 Ring Henry, love (4) 10 Mixes drink for fund-raiser (6,4) 11 Made up for having date wrong on the inside (6) 12 Have a cigarette and look happier (5,2) 15 Sort of map to study on journey (7)
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      56 51 Freud’s Last Session is on till Sunday at the Esplanade Theatre Studio, 1 Esplanade Drive. Tickets at $25 are available from Sistic. All sessions are sold out except the newly added session on Saturday 10pm Out of Order! is on at Jubilee Hall Theatres, Raffles Hotel until April 15. Tickets
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      37 51 Garbha at The Esplanade’s Jendela visual arts space will be up from April 13 to May 6. A Tapestry of Sacred Music festival runs from April 26-29; for details of the programme and ticketing, go to www.esplanade.com
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      52 52 Qin and Tiu will be performing Rachmaninov’s Cello Concerto, along with some Chopin and Beethoven, on April 21 at Beijing’s National Centre for the Performing Arts Steve Poltz will be performing at the Esplanade Recital Studio on May 16, at 7.30pm. Tickets are available from Sistic at a standard price
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  • executive lifestyle
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      Lock icon The currency of Shakespeare
      1603 54  -  William Shakespeare may be dead for nearly 400 years but he remains one of the most bankable marquee names in local theatre, reportsHELMI YUSOF HELMI YUSOF S HAKESPEARE’S old English may draw some head-scratch-ing among audiences. But as far as the business goes, Shakespeare makes plenty
      PHOTOS: THE SINGAPORE REPERTORY THEATRE  -  1,603 words
    • WINE/ARTS
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        Lock icon Mediaeval wine comes of age
        978 50  -  The storied Chateau Lascombes has weathered several vinous tribulations to emerge as an appellation of note, writesN N K YONG THE e-mail I received on March 16 from Karine Barbier, public relations manager of Chateau Lascombes (where Dominique Befve is the general manager) read: “Mr
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      • AroundTown
        • Article
          Lock icon Art
          325 50 From The Heart: The Maya Gallery marks its official opening with a group exhibition by various established and emerging local artists. Highlights include a special collection of ceramics by Cultural Medallion recipient Iskandar Jalil and a body of works entitled Collectable Pinhole Cameras by Karto, a well-known local photographer.
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          49 50 New Works: Singapore-based Italian artist Marina Fietta holds her first solo exhibition here with New Works (above and below) a collection of oil paintings mainly of portraitures and waves that were inspired by photographs of the many places she has visited and the different cultures she has encountered.
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          Lock icon Stage
          141 50 Late Nite Esplanade Stellarium: Local shoegaze band Stellarium play a ‘live’ set tonight at the Esplanade Recital Studio. Hear old and new songs as they take the audience on journey of sound marked by fuzzy guitar chords and throbbing drum beats. > Alleycats: Istimewa Buat Singapura: Together for over
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        • Article
          Lock icon Film
          61 50  -  RACHEL LOI Coco Igor: Catch another French film about the life of designer Coco Chanel in Coco Igor at the Alliance Francaise Theatre this Tuesday. Based on the 2002 fictional novel by Chris Greenhalgh, Coco Igor traces a rumoured affair between Coco Chanel and Igor Stravinsky in Paris in
          61 words
    • ARTS
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        Lock icon Dying vs devout
        584 51  -  By HELMI YUSOF THEY were two of the greatest minds in history: psychoanalyst Sigmund Freud and ac-ademic-turned-writer C S Lewis. And they held diametrically opposed views about the existence of God: atheist Freud vehemently rejects it; Christian convert Lewis fiercely maintains it. The play Freud’s Last Session
        36 FRAMES  -  584 words
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        Lock icon Raucous rapid-fire repartees
        481 51  -  By ANNA LEE SOMEONE should fix that window the inanimate member of the cast of Out of Order that anchored the play by repeatedly trying, and failing, to decapitate unlucky souls peering into the room. The British Theatre Playhouse staged the farce by Ray Cooney on Wednesday
        TOMMY CHIA, STUDIO 8  -  481 words
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        Lock icon Asian first for elite Paris show
        724 51  -  Foochow-born Wallace Chan, one of the world’s most sought-after jewellery artists, is the first Asian to show at Paris’s most elite and prestigious art fair, reportsHELMI YUSOF HELMI YUSOF I N perhaps a nod to the growing buying power of the Far East, a
        PHOTOS: BIENNALE DES ANTIQUAIRES  -  724 words
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        Lock icon In a primal womb
        937 51  -  By CHEAH UI-HOON INDONESIAN architect Eko Prawoto might be on the fringe of architectural practice in his home country where the use of recycled or organic materials isn’t considered a norm but he is increasingly becoming known as a mainstream artist in the global art circuit.
        ESPLANADE  -  937 words
    • PURSUITS
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        Lock icon Cello cocooned in piano
        905 52  -  A cellist and pianist play the perfect foil for each other, writesCHRISTOPHER CHRISTOPHER LIM I T TAKES confidence to consistently pick pieces to record by composers who specialise in the instrument that accompanies the lead part you are tackling. And Singapore-based cellist Qin Li-Wei obviously isn’t
        ANTHONY TSANG  -  905 words
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        Lock icon Wild child Poltz lets rip
        376 52  -  By JOSHUA TAN LOCAL fans might be excited about catching Steve Poltz’s performance next month but the San-Diego-based singer-songwriter is equally eager to check out what home-grown musicians here have to offer. “It’s been a long time since I’ve been there so I’m looking forward
        PHOTOS: WIANT MEDIA, INC  -  376 words
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        Lock icon Eye-candy for iPad Retina
        574 52  -  GAMING REVIEW By CHRISTOPHER LIM The Dark Meadow iOS Free Rating: B The Bard’s Tale iOS On sale: US$1.99 (usual price: US$6.99) Rating: B IF you’ve got deep pockets and are willing to buy or build a cost-no-object PC, that’s the ideal route to gaming nirvana,
        574 words
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        Lock icon Our story in 100 things
        612 52  -  BOOK REVIEW By CHRISTOPHER LIM WHEN the same content is available in several different formats, it can become tough to decide which medium to peruse it in, or whether or not to consume it in a mixture of media. A History of the World in
        612 words
    • ENTERTAINMENT
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        Lock icon Lautner’s twilight
        349 53  -  DVD REVIEW By CHRISTOPHER LIM ABDUCTION, Taylor Lautner’s first movie outside of the Twilight vampire-were-wolf franchise that shot him to fame and into the crazed hearts of teenage girls everywhere was a critical flop and the special features on the DVD release shed light on why the movie
        349 words
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        Lock icon Missteps mar dance-off
        467 53  -  By DYLAN TAN IT’S tempting to speculate there were more choreographers than scriptwriters at work on Streetdance 2, the sequel to the wildly successful 2010 British rip-off of the Step Up films from the United States. With only short dialogue breaks in between the endless string of
        GOLDEN VILLAGE  -  467 words
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        Lock icon Board silly over Battleship
        646 53  -  First, it was boardgame-to-movie Transformers, now Battleship, what next? Scrabble: The Movie?, asksDYLAN DYLAN TAN YOU know summer blockbuster season isn’t far away when all the wannabes get rolled out ahead of the big guns. With the exception of The Hunger Games, so far, the likes
        PHOTOS: UIP  -  646 words
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        Lock icon Titanic’s secrets surface again
        547 53  -  By RACHEL LOI THE RMS Titanic may have sunk a century ago but interest in the mysteries of the massive “unsinkable” ship is still very much alive today. To mark the anniversary, History channel has produced a brand new two-hour long documentary titled Titanic: Mystery Solved
        PHOTOS: HISTORY CHANNEL  -  547 words
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      89 54 Wild Rice’s Romeo and Juliet officially opens tomorrow and runs till April 28 at the Drama Centre Theatre, National Library, 100 Victoria Street. Tickets from $39 are available from Sistic; Singapore Repertory Theatre’s Twelfth Night will run from April 25 to May 20 at Fort Canning Park. Tickets from $35
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      13 54 MUSIC Cellist and pianist play the perfect foil for each other PAGE 52
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