The Business Times, 1 February 2013

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Total Pages: 36
1 36 The Business Times
  • 24 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg SfCl A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MICA (P) 074/08/2012 Friday, February 1,2013
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  • 1132 1  -  Come 2030, it’ll be bigger, with commercial centres spread out and 700,000 new homes By KALPANA RASHIWALA [SINGAPORE] A couple of days after projecting that the population could rise to upto 6.9 million by 2030, the government yesterday revealed how they might be
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  • 601 1  -  By LEE U-WEN [SINGAPORE] A continued slide in workforce growth will have devastating consequences for many companies, the Singapore Business Federation (SBF) warned. “Some Singaporeans do not realise its impact but are seized with the prospect of an over-crowded island of 6.9
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  • Page 1 Advertisements
    • 160 1 WINE Choosing wines for dinner PROPERTY Two JTC industrial sites put up for tender PAGE 22 PAGE 32 EXECUTIVE LIFESTYLE S’pore movie industry shoots for the sky PAGE 36 COMPANIES WBL up 5.2% amid bidding war speculation PAGE 5 GENEVE Creator of dreams COLLECTION Automatic 18k White Gold With Diamonds
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    • 9 1 MARKETS DIGEST IS ON PAGE 2 8 *****1 *****4
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  • TOP STORIES
    • 739 2  -  Three new towns to be created; more homes will be built in central region GOVERNMENT’S LAND USE PLAN By MINDY TAN [SINGAPORE] More homes will be built in the central region, including the former Bukit Turf Club, Kallang Riverside, Bukit
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    • 807 2  -  By VEN SREENIVASAN [SINGAPORE] If you are one of the more than 3 0 000 p eo p l e w h o coughed up tens of thousands of dollars for a Singapore golf club membership, you might want to ponder
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    • MARKETS DIGEST
      • 65 2 HST INDEX 3,282.66 (-3.24) HST INDEX FUTURES 3,282.00 (-4.00) GSIMSCI 369.07 (+0.19) HSIMSCI FUTURES 368.40 (-1.10) US$ S$ US$ (S$ per US$) 1.237 (US$/S$ per 1.583 1.958 EURO (US$/S$/€) 1.356 1.677 Foreign currency per US$ S$ YEN 90.90 73.40 RM 3.103 2.508 HK$ 7.757 6.270 BAHT 29.83 24.11 RUPIAH
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      • 48 2 Thursday Change KL COMP 1,627.55 -0.18 NIKKEI 225 11,138.66 +24.71 HANG SENG 23,729.53 -92.53 SET INDEX 1,474.20 -16.62 JAKARTA COMP 4,453.70 +0.73 MANILA COMP 6,242.74 -28.49 SEOUL COMP 1,961.94 -2.49 SHENZHEN B 870.18 -1.67 MUMBAI IND 19,894.98 -110.02 11am EST Change DOW 13,899.59 -10.83 NASDAQ 3,144.88 +2.57
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      • 22 2 SINGAPORE 5.38 HONG KONG 6.55 HONG KONG 5.00 JAPAN 13.877 TAIWAN 5.036 US 1.475 KOREA 9.33 INDIA 0.50 Source: Bloomberg
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    • 543 2  -  By ONG CHOR HAO [SINGAPORE] By 2030, commercial activity will fan out across Singapore to more regional hubs, instead of being concentrated in the west and central areas as it is now, the Ministry of National Development envisages. The target to provide at least
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    • 662 2 THE Singapore Business Federation acknowledges the importance of the Population White Paper’s projections for the medium to long-term growth of Singapore. A shrinking and ageing workforce amid the backdrop of a stagnant Total Fertility Rate (TRF) will have serious implications for businesses and
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    • 366 2 Singapore offers a glimpse of its future A COUPLE of days after projecting that the population could rise to up to 6.9 million by 2030, the government revealed how they might be accommodated without Singapore feeling the squeeze. Reclamation alone will raise the land area by 7 per
      366 words
    • 580 4  -  Economists debate implications for this year; minister expects more unemployment Reports by CHUANG PECK MING [SINGAPORE] Employment was exceptionally strong in the final three months of 2012, wrapping up a year that saw higher overall job gains than in 2011, according to
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    • 390 4 SINGAPORE’S labour pool swelled to 3.36 million in June 2012, up 3.9 per cent from a year earlier. The growth was higher than in 2011 (3.2 per cent) and on a par with the average growth over the decade, according to Ministry of Manpower’s
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    • 778 4  -  Sluggish global economy weighs on business sentiment By NISHA RAMCHANDANI [SINGAPORE] Companies in the manufacturing and services sectors expect business prospects to be weak in the first half of this year as global economic growth remains sluggish. A survey by the Economic Development Board
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  • Page 2 Advertisements
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    • 25 2 THE RAFFLES CONVERSATION “Our young population is restless, questioning, aspirational and more material. I welcome that.” Indian Finance Minister P. Chidambaram In BT Weekend tomorrow
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  • Page 3 Advertisements
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  • Page 4 Advertisements
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  • COMPANY NEWS
    • 629 5  -  Its suitors also rise; analysts divided on whether it is a good buy at current prices By CAI HAOXIANG SHARES in WBL Corporation yesterday surged to a 21/2-year high amid speculation that the 100-year-old technology, property and motor group will be subject to
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    • 474 5  -  Performance within expectations, with both ending near analyst forecasts By R SIVANITHY TRADING in commodities firm Olam International’s new bonds and warrants kicked of yesterday, with both instruments performing largely within expectations the bond closed just below the subscription price of US$0.95 while the
      PHOTO: REUTERS  -  474 words
    • 409 5  -  By CARINE LEE OSIM International’s fourth-quar-ter net profit surged 32.5 per cent year-on-year to $22.6 million, bringing the lifestyle and nutrition group’s 12-month earnings to a record high for the third year in a row. The profit growth for the three
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    • 475 6  -  Deal now awaits Aussie competition panel’s opinion, expected next week By KENNETH LIM TIGER Airways shareholders yesterday made a break from their turbulent Australian foray, choosing instead to seek favourable winds closer to home. Shareholders at an extraordinary general meet- ing unanimously approved Tiger Airways’
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    • 414 6  -  By TEO SI JIA PRIVATE education provider Overseas Education Limited (OEL), owner of the Overseas Family School in Paterson Road, kicked off its initial public offering (IPO) yesterday to raise net proceeds of $56.1 million with the issue of 125 million new
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    • 295 6  -  By MALMINDERJIT SINGH INNOPAC Pacific Holdings is launching a bid to take over Merlin Diamonds, a diamond mining and exploration company listed on the Australian Stock Exchange, for up to A$59.4 million (S$76 million). The Singapore Exchange mainboard-listed investment holding and management services
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    • 396 9  -  Tankfarm project on Pulau Busing will raise its order book to $750 million By RONNIE LIM ROTARY Engineering has clinched a $300 million expansion project for Singapore oil trader Kuo Oil’s Tankstore oilfarm here. The 800,000 cubic metre tankfarm expansion which is few and far
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    • 369 9  -  By ANGELA TENG YOMA Strategic Holdings Ltd yesterday posted a $3.66 million net profit for its financial third quarter ended Dec 31, 2012, up from $1.36 million a year ago. Earnings per share for the financial third quarter was 0.34 cent, up from 0.22
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    • 379 9  -  By LEE MEIXIAN AIMS AMP Capital Industrial Reit’s (AA Reit) distribution per unit (DPU) dipped 0.8 per cent to 2.58 cents for its third quarter ended Dec 31, 2012, from 2.6 cents a year ago. Distribution to unit holders in the quarter
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    • COMPANY BRIEFS
      • 84 9 SEMICONDUCTOR assembling and distributing company STATS ChipPAC recorded a fourth-quarter net income, excluding non-controlling interest, of US$1.69 million, a turnaround from a net loss of US$46 million a year earlier when it recorded US$55.5 million in flood-related plan charges. Revenue rose to a
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      • 51 9 GLOBAL Premium Hotels Limited, the owner and operator of the second largest economy-tier hotel chain in Singapore, reported net profit of $18.5 million for the 12 months ended Dec 31, 2012, a drop of 18.4 per cent. Revenue grew 13.2 per cent to $60.2
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      • 42 9 RESIDENTIAL property and hotel developer Fragrance Group posted a net profit of $101.6 million for the 12 months ended Dec 31, 2012, a 23.6 per cent increase. Turnover rose 35.9 per cent to $419.69 million.
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      • 26 9 HEINEKEN’S offer for Asia Pacific Breweries (APB) closed yesterday, giving it and concert parties a resultant shareholding of 99.63 per cent.
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    • 609 9  -  Customers can now expect to obtain between 97.7 and 99.6 cents to the dollar By KENNETH LIM LIQUIDATORS of MF Global Singapore said that progress at the failed brokerage’s overseas affiliates will allow customers and creditors to recover more of their money. Customers can now
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  • Page 6 Advertisements
    • 722 6 HALCYON agri HALCYON AGRI CORPORATION LIMITED (Company Registration No. *****4595D) (Incorporated in the Republic of Singapore on 7 April 2005) Placement of 61,000,000 Placement Shares comprising 44,000,000 New Shares and 17,000,000 Vendor Shares at S$0.36 for each Placement Share, payable in full on application The Board of Directors of Halcyon
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  • Page 7 Advertisements
    • 685 7 INITIAL PUBLIC OFFERING SUBSCRIBE NOW! INVITATION CLOSES ON 5 FEBRUARY 2013, AT 12.00 NOON Overseas Education Limited OVERSEAS EDUCATION LIMITED (Company Registration No. *****1905D) (Incorporated in the Republic of Singapore on 28 October 2011) We are a private foreign system school (“FSS”) in Singapore offering the K-12 International Baccalaureate (“IB”)
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  • SINGAPORE MARKETS
    • 565 8  -  Trading in all segments of the market subdued; penny stocks activity stays high in unit terms STOCKS R SIVANITHY Senior Correspondent TRADING in all segments of the market quietened yesterday in the wake of an overnight correction on Wall Street following news
      Source: Bloomberg  -  565 words
    • 73 8 Jan 31 VALUE CLOSE BT OB/OS 653.00 -93.00 BT CADI -*****.00 -112.00 BT 10-day MA -*****.00 +65.00 FTSE ST Mid Cap 808.73 -1.96 FTSE ST Small Cap 570.10 -1.06 FTSE ST All Share 807.99 -1.04 FTSE ST China Top 231.52 -1.89 FTSE ST China 264.28 -2.09 FTSE
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    • 54 8 VOLUME ElektromotiW*****0 466,385,000 IPCO Intl 377,384,000 MDR 280,611,000 YHM 190,419,000 ICP 166,716,000 K1Ventures 154,931,000 Genting SP 146,350,000 Elektromotive 145,216,000 Innopac 130,267,000 Thai Beverage 114,243,000 VALUE($) Genting SP 224,721,365 UOB 102,770,435 DBS Grp 85,077,896 SingTel 77,162,170 GLP 62,782,095 Thai Beverage 60,445,280 OCBC Bk 59,221,830 Keppel Corp 53,036,910 CapitaLand
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    • 186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 7 5 4 0 0 0 7 5 4 Manufacturing 41 76 34 7 10 8 48 86 42 Commerce 25 27 22 5 6 1 30 33 23 Tpt/Stor/Comms 11 27 7
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    • 908 8  -  Compiled by KENNETH LIM SATS Jan 31 close: S$3.05 CIMB Research, Jan 30 Q3 FY2013 was characterised by broad-based revenue growth and good cost control. The group’s balance sheet remained healthy and cash flows stayed strong. SATS’s latest set of results reaffirms our thesis of earnings growth driven
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    • 123 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 36,315 36,315 118,658 118,658 Manufacturing 734,935 412,406 1,147,341 359,631 4,166 363,797 Commerce 186,116 75,131 261,247 115,312 8,054 123,366 Tpt/Stor/Comms 149,988 14,854 164,842 206,396 4,913 211,310 Finance 315,905 43 315,948 330,264 19 330,283 Construction 499,530 192,620
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    • 112 8 Stock name Close Change CapMallsAsia 2.160 CapitaLand 4.000 -0.030 CapitaMall 2.120 CityDev 11.69 -0.110 ComfortDelGro 1.930 +0.015 DBS Grp 14.96 +0.130 F&N 9.550 -0.010 GLP 2.760 +0.050 Genting SP 1.550 +0.085 Golden Agri 0.635 +0.005 HK Land 7.830 -0.050 IHH Healthcare 1.335 +0.005 JMH 64.81 +0.110
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    • 484 8 CURRENCIES Reuters [LONDON] The euro edged lower yesterday, dampened by weak German retail sales data and signs of a slowdown in the US economy, though it stayed near its recent highs and was expected to continue climbing in the coming weeks. Traders said the
      Reuters; PHOTO: BLOOMBERG  -  484 words
    • 106 8 BY CENTS CLOSE UP DBXT MSTHAI 10US$ 2225 90.3 3.4 GLD 10US$ ***** 81.7 0.4 CMProp 2550 39.9 10.9 WBL Corp 442 22.0 5.2 UOB 5.05%NCPS 100 ***** 20.0 0.2 Straits Trdg 407 19.0 4.9 DBXT S&P Short 10US$ 3321 17.3 0.4 DairyFarm 1220 17.3 1.2 Wilmar.ES.1301 384 15.0
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    • 119 8 BY CENTS CLOSE DOWN JSH 3826 -134.9 -2.8 Jardine C&C 5061 -116.0 -2.2 STXPO 100 629 -49.0 -7.2 Lyxor EasternEurope1 502 -28.5 -4.4 DBXT FTVietnam 10US$ 2658 -18.6 -0.6 DBXT MSINDO 10us$ 1535 -16.1 -0.8 DBXT MSTaiwan 10US$ 1831 -16.1 -0.7 DBXT SPASX200 10US$ 3962 -16.1 -0.3 SIA Engg
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    • 5 8 DAILY
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  • SINGAPORE NEWS
    • 873 10  -  But low profit rise shows impact of higher costs on corp sector’s profitability By MALMINDERJIT SINGH THE combined sales of Singapore’s top companies have surpassed the $2 trillion mark, according to the Singapore 1000 ranking released yesterday, although high costs prevented
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    • 421 10  -  If approved, there’ll be economies of scale, cost savings By LEE U-WEN FRESH from its victory at the Punggol East by-elec-tion last Saturday, the opposition Workers’ Party (WP) now wants to merge the constituency’s town council operations with those of its
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    • 274 10  -  By LIM JIA YING THE Ministry of Trade and Industry has announced several board appointment changes, effective today, for both the Economic Development Board (EDB) and the Agency for Science, Technology Research (A*Star). Two new members have been appointed to EDB’s board: Harish Manwani, the
      274 words
    • 456 10  -  By WEE LE TING NEW heads have been appointed to the National Art Gallery, IDA International, Health Promotion Board, People’s Association, and National Heritage Board (NHB). Chong Siak Ching will step down from her post as president of business-space solutions provider Ascendas to become chief
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    • 320 10  -  Nine in 10 donated in last 12 months; lower-income group more generous By LIM JIA YING THE volunteerism rate in Singapore has risen to a record 32.3 per cent over the past 12 months, from 23.2 per cent in 2010. Singaporeans have become more
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    • 983 10  -  Lee Howe Yong claims Sukamto Sia made all decisions By GRACE LEONG A FORMER director of investment holding firm Dynasty Line Ltd has denied responsibility for pledging away certain assets of the company even though it was he who had signed the agreement.
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  • MALAYSIA
    • 550 11  -  By PAULINE NG in Kuala Lumpur DESPITE playing host to two of the largest global initial public offerings (IPOs) last year, Bursa Malaysia Bhd managed only a 4 per cent improvement in net profit to RM151.5 million (S$60.7 million) for the fiscal
      PHOTO: BLOOMBERG  -  550 words
    • 468 11  -  His private vehicle takes over 10% stake in Malaysia’s first listing this year By S JAYASANKARAN in Kuala Lumpur A PRIVATE firm linked to Malaysian tycoon Syed Mokhtar Al-Bukhary has bought more than 10 per cent of newly listed Chinese firm China Automobile
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  • Page 11 Advertisements
    • 58 11 m Wishing you a :appy lunar NEW YEAR ti'h'J $5 MILLION Reunion Draw Fri, 8 Feb 2013,9.30pm Visit www.singaporepools.com.sg for details. Ip Y(i> Always play with care. [responsibiyj Do not bet illegally. RGB Reg No: *****0202G GOOD GAINS Let your investors know by advertising your financial results in our newspapers.
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    • 408 11 ESPLANADE PRESENTS Voices of @h i n e s e ftl F e s t i v a I ImI of OrtEll] e d J 15 EH Feb 2/1150 -240 VL f^JXt ■1 Li III1U 111 •It Be enthralled by the voices of world-renowned vocalists. He Hui, Yuan Chenye and
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  • CHINA/INDIA
    • 474 12 They can buy basic services from big 3 operators, add value and resell them EJ In sight [HONG KONG] China plans to allow privately owned companies to enter the nation’s lucrative mobile telecommunications sector, in an attempt to promote competition in an
      EJ Insight; PHOTO: BLOOMBERG  -  474 words
    • 327 12 Europe seen more welcoming than the US, which had blocked some deals on security grounds AP [BEIJING] Chinese companies plan to step up investment this year in Europe, which some see as more welcoming than the United States, a European business
      AP  -  327 words
    • 527 12 Five state-run banks have invested in the 5 billion rupee fund Bloomberg [MUMBAI] Tata Capital Ltd, the finance unit of India’s largest business group, plans to raise as much as five billion rupees (S$115.8 million) for its first fund that will invest in equities
      Bloomberg  -  527 words
  • Page 12 Advertisements
    • 1246 12 Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices TorointtoDominion bank CONSOLIDATED BALANCE SHEET As at October 31 (millions of Canadian dollars) ASSETS Cash and due from banks Interest-bearing deposits with banks Trading loans, securities and other Derivatives Financial assets designated at fair value through profit or loss Available-for-sale securities Securities purchased under
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  • ECONOMY WATCH
    • 515 13 It plans to finalise a formula by January 2014, when it next reviews voting shares Reuters [WASHINGTON] The International Monetary Fund failed to meet a self-im-posed Thursday deadline for agreeing on a new formula to determine member countries’ voting power that would give emerging
      Reuters  -  515 words
    • 411 13 AFP [MANILA] The Philippines said yesterday that its economy grew by a bet-ter-than-expected 6.6 per cent last year as confidence rose in President Benigno Aquino’s efforts to fight corruption and alleviate poverty. A final-quarter expansion of 6.8 per cent boosted the full-year figure, the
      AFP  -  411 words
    • 652 13 Bloomberg [HELSINKI] The euro area’s debt crisis isn’t over yet and investors are proving loyal to the currency bloc’s safest bond market, according to Finland’s debt office. “There is so much uncertainty out there that investors still are on the lookout for
      Bloomberg  -  652 words
    • 695 13 Growth expected to bounce back on inventory expansion Bloomberg [WASHINGTON] The “R” word that economists were using after Wednesday’s news that US gross domestic product (GDP) contracted in the fourth quarter was rebound, not recession. The economy will bounce back in the current quarter
      Bloomberg  -  695 words
  • Page 13 Advertisements
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    • 521 13 N An intimate culinary affair with Chef Kishio Watanabe Kadeka is proud to present the Omakase Wine Pairing Dinner with Chef Watanabe, featuring dishes specially crafted from the best seasonal Japanese produce for 10 privileged Kadeka winners Omakase, which literally translates to 'It's up to you 1 means letting the
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  • WORLD
    • 678 14 It unveiled in Dec plans to pull out of five countries to cut costs, boost profits Reuters [NEW YORK] Citigroup Inc is looking to pull out of consumer banking in more countries in an effort to lower costs and boost profits, according
      Reuters; PHOTO: BLOOMBERG  -  678 words
    • 415 14 Rasmussen will urge allies to spend more on military once economies pick up Reuters [BRUSSELS] The North Atlantic Treaty Organization’s military power and global influence could be put at risk if allies continue to slash their defence budgets while emerging powers boost theirs,
      Reuters  -  415 words
    • 422 14 Fast growing sector attractive as original businesses slow Bloom berg [NEW YORK] With sales of medical equipment and services expanding at a 36 per cent clip, consumer companies better known for detergent and diapers are cashing in. Newell Rubbermaid Inc is making a
      Bloomberg  -  422 words
    • 623 15 Growth faces ‘downside risks’ even after strains have eased: FOMC Bloomberg [WASHINGTON] Federal Reserve chairman Ben Bernanke signalled he isn’t close to easing up on US$85 billion in monthly bond purchases to spur a stalled economy and bring down 7.8 per cent
      Bloomberg  -  623 words
    • 527 15 AFP [NEW YORK] BlackBerry launched its comeback effort on Wednesday with a revamped platform and a pair of sleek new handsets, along with a company name change as part of a move to reinvent the smartphone maker. Canadian-based Research in Motion said it changed
      AFP; PHOTO: AP  -  527 words
    • 419 16  -  By ANTHONY ROWLEY in Tokyo SIGNS of economic recovery in Japan and that asset inflation is taking hold strengthened yesterday with an uptick in long-stag-nant industrial production and manufacturing sentiment, while housing starts extended their upward surge and a leap in banking profits
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    • 168 16 Bloomberg [LONDON] English midfielder David Beckham will sign with Paris Saint-Germain, which has spent more on players than any other European soccer club since 2011. Beckham has travelled to Paris for a medical. The French team, backed by an investment arm of the Qatari
      Bloomberg; PHOTO: AP  -  168 words
    • 373 16 Prices rise 1.3% in the 12 months to Dec, down a 10th from Nov reading LATEST US DATA Reuters [WASHINGTON] American incomes rose in December by the most in eight years, a positive sign for consumer spending that could help the
      Reuters  -  373 words
    • 418 16 But any amending of pacifist document may cause alarm AFP [TOKYO] Hawkish Prime Minister Shinzo Abe told lawmakers yesterday he intends to change the post-WWII constitution that imposed pacifism on Japan, in a move likely to stir suspicion in China and beyond. Mr Abe,
      AFP  -  418 words
  • Page 14 Advertisements
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  • Page 15 Advertisements
    • 3015 15 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 (1) PETRORIG I PTE. LTD. (Co. Reg. No. *****8914N) (2) PETRORIG II PTE. LTD. (Co. Reg. No. *****2363E) (3) PETRORIG III PTE. LTD. (Co. Reg. No. *****7072E) STATUTORY DECLARATION
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    • 401 15 In the Matter of The Companies Act Cap. 50 and In the Matter of BAI SHA MARKET PTE LTD (Registration No. *****8352W) (In Members’ Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. 50, that the Final Meeting of the
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  • Page 16 Advertisements
    • 529 16 AIMING FOR A PROPERTY NEAR A CHOICE SCHOOL? Home > Properties Near School For Sale 0 Properties near Schools For Sale Primary Schools For Room Rental ADMIRALTY PRIMARY SCHOOL AHMAD IBRAHIM PRIMARY SCHOOL Al TONG SCHOOL ANCHOR GREEN PRIMARY SCHOOL ANDERSON PR MARY SCHOOL ANG MO KIO PRIMARY SCHOOL ANGLO-CHINESE
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  • Page 17 Advertisements
    • 219 17 The Business Times Subscription rewards Get all these exclusive gifts when you subscribe to the new Business Times All-in-One. i FULLY REDEEMED Raffles Conversations Book 2012 FULLY REDEEMED FULLY REDEEMED $50 Kitchen Language Dining Voucher FULLY REDEEMED Charriol Fragrance 105 ml (Eau de Toilette Pour Homme) Limited to first 1,000
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  • AVIATION/SHIPPING
    • 766 18  -  Only cargo volumes down in 2012, in line with global trend; LCC traffic soars By VEN SREENIVASAN [SINGAPORE] Strong traffic from all key regions and increasing transit flows enabled Singapore Changi Airport to boast its busiest year ever in 2012, as it crossed
      PHOTO: CHEW SENG KIM/THE STRAITS TIMES  -  766 words
    • 424 18 Bloomberg [TOKYO] All Nippon Airways Co, the world’s biggest operator of Boeing Co 787s, said the grounding of the Dreamliner fleet and flight cancellations will cut sales by 1.4 billion yen (S$19 million) this year. The carrier, which has
      Bloomberg  -  424 words
    • 531 18  -  It will produce engine fan blades and turbine disks By VEN SREENIVASAN [SINGAPORE] Aero engine giant Pratt Whitney (P&W) underscored its determination to ramp up its presence across Asia and the Pacific by breaking ground yesterday for its new 180,000-sq ft fan
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    • 443 18 Reu ters [LONDON] Crude oil tanker earnings on the major Middle East route edged up on Wednesday helped by firmer bookings although the market continued to grapple with a vessel glut. The world’s benchmark VLCC export TD3 route from the Middle
      Reuters  -  443 words
  • Page 18 Advertisements
    • 294 18 AT3 NOTICES IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF YUNG WAH INDUSTRIAL COMPANY (PRIVATE) LIMITED (IN PROVISIONAL LIQUIDATION) (Company Registration No. *****1456Z) NOTICE OF APPOINTMENT OF PROVISIONAL LIQUIDATORS Take notice that Messrs Tam Chee Chong and Lim Loo Khoon, care of 6 Shenton
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    • 297 18 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF ORVENT ASSET MANAGEMENT PTE. LTD. (Company Registration No. *****9145H) (In Member’s Voluntary Liquidation) NOTICE OF RESOLUTIONS [Pursuant to Section 290(2)(b)] At an Extraordinary General Meeting of Orvent Asset Management Pte. Ltd. (the “Company”) held on 28
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    • 64 18 febru CAR* RfcOtStf B*O0 I***" stoR 3®S N B affilS FRtVfOH •Kg pG 3 6 mousing m RTE1S rrROpo QUA NEW OFF 1-YEAR DIGITAL SUBSCRIPTION TORQUE DIGITAL EDITION IS AVAILABLE ON IPAD ANDROID! VISIT WWW.TORQUE.COM.SG FOR MORE INFO r Wj, Join us at the MINI John Cooper Works track day,
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  • Page 19 Advertisements
    • 352 19 Amazing Gifts When you Subscribe to THE STRAITS TIMES Q cSKk THE STRAITS TIMES The big push for more babies BABY BOOSTERS ii. o «> ta -2 ‘-V. RA] III DUES i DEWED “3 I .a B a PRINT IPAD SMARTPHONES ONLINE SUBSCRIBE NOW AND BRING HOME ONE OF THESE
      352 words

  • EDITORIAL & OPINION
    • 508 20 EDITORIAL THE new year has finally brought some good news for the economic managers in India. The headline inflation number for December came in at 7.18 per cent, the lowest level in three years, beating the forecast of 7.4 per cent. This was the third consecutive
      508 words
    • 817 20  -  THE BOTTOM LINE ANTHONY ROWLEY Tokyo Correspondent “HOW about a North-east Asian ‘energy community’?” I asked Russia’s ambassador to Japan, Evgeny Vladimirovich Afanasiev, the other evening when he came to the Foreign Correspondents Club of Japan to talk about Russo-Ja-pan relations. “Why not?”
      817 words
    • 1000 20  -  Its members are heading in very different economic directions in the long term By DANIEL ALTMAN The writer teaches economics at New York University’s Stern School of Business and is chief economist of Big Think WP PITY Mario Draghi, the president of the European
      WP; PHOTO: BLOOMBERG  -  1,000 words
    • 1178 21  -  Some key policy changes will allow Singapore to remain a relevant and attractive hub in Asia for funds By ANUJ KAGALWALA, TAN HUI CHENG The writers are partner and director respectively at PwC Services LLP IT IS that time of year again when the Singapore
      FILE PHOTO  -  1,178 words
    • 782 21  -  By SURINDER KATHPALIA The writer is head of Asean at Standard Poor’s Ratings Services THERE’S been a good deal of progress to develop local debt markets in the burgeoning South-east Asia region. The region’s capital markets are among the fastest-growing in the
      PHOTO: BLOOMBERG  -  782 words


  • PROPERTY
    • 202 22 Bloomberg [LONDON] Great Portland Estates plc, the developer focused on London’s West End, said that the value of its real estate rose 1.4 per cent excluding acquisitions and disposals in the third quarter as demand increased for retail assets and the company added developments. The
      Bloomberg  -  202 words
    • 291 22 Bloomberg [LONDON] UK house prices rose last month as the Bank of England’s credit-easing programme helped loosen the mortgage market, Nationwide Building Society said. The average cost of a home increased 0.5 per cent from December to £162,245 (S$317,214), the Swindon,
      Bloomberg; PHOTO: REUTERS  -  291 words
    • 454 22  -  Sites are ‘acid test’ for industrial space demand after cooling measures By LEE MEIXIAN [SINGAPORE] JTC Corporation has launched two plots of industrial land at Buroh Crescent and Tuas Bay Walk for sale by public tender. The two plots are the first
      454 words
    • 208 22 Bloomberg [SYDNEY] Australian home prices are expected to see a “mild recovery”, climbing by 0.9 per cent this year, led by growth in the mining states of Western Australia and Queensland, a National Australia Bank Ltd survey showed. Home prices across the country
      Bloomberg  -  208 words
    • 706 24 Record number of high-yield property bonds suggests sector’s overheating IFR DIVERGENT views are emerging over whether there is a bubble building in the Chinese property sector, which has produced a string of aggressive highyield issues this year, the most recent of which was
      IFR; PHOTO: REUTERS  -  706 words
    • 347 24 Bloomberg [HONG KONG] Hang Lung Properties Ltd, the Hong Kong developer investing more than US$8.5 billion building malls in mainland China, said that last year’s underlying profit almost doubled after selling more properties in the city. Profit excluding revaluation gains and deferred taxes was
      Bloomberg  -  347 words
  • Page 22 Advertisements
    • 467 22 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements WAT-S^ D04 HOUSE FOR SALE COVE DRIVE Cove Dr. Sentosa. *****/ 8035 sqft. Colonial style design. Can park up to 10 cars. 4 bdrms ensuite. Facing golf course. $33M negotiable D04 HOUSE FOR SALE SENTOSA Sandy Island. Best facing with privacy, 8077/
      467 words
    • 94 22 D15 HOUSE FOR SALE SIGLAP ROAD FH 2.5-sty Semi-D Elevated Ground, 5ensuites 1. Spacious, High Ceiling,Move-in, Pk 2cars.Val$4.3M 2870/3600sf V$4.3m Buyers SMS owner*****778 D15 HOUSE FOR SALE WOO MON CHEW Land rebuild 9100 sqft. approx. Freehold. Great location. Pensy 9099 4889/ 9188 0009 D16 HOUSE FOR SALE SUMMER GARDENS Summer
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  • Page 23 Advertisements
    • 265 23 D19 HOUSE FOR SALE PALM GROVE REGENCY New Listing! 999 years cluster semi-d, 5+1, 3186 sqft, roof terrace. Near Austrslian/ French Sch. Ask $2.7M. 9667 4238 Doris D20 HOUSE FOR SALE JALAN LEBAN Off Upper Thomson Road. Single Storey corner terrace. Land 3434 sqft. Good for rebuild. Siva 9106 3766
      265 words
    • 227 23 D04 APARTMENT FOR SALE THE INTERLACE New 20% Disc. 3-bdrm 1593sf. Fr $1.87M. 3+study 1873sf. Fr $2.22M 4-bdrm 1981sf. Fr $2.45M. 3/ 4 bdrm Gdn Hse. 2874/ 3520 sf. $2.58M/ $2.98M D04 APARTMENT FOR SALE THE INTERLACE New 20% Disc. 3-bdrm 1593sf. Fr $1.87M. 3+study 1873sf. Fr $2.22M 4-bdrm 1981sf.
      227 words
    • 212 23 D10 APARTMENT FOR SALE CUSCADEN RESIDENCES Cuscaden Residences. Luxurious 2+1. Freehold. 1238 sqft. High floor. Nice view. Call Chris Cheong 9007 2722, DTZ www.chrisproperty.sg D10 APARTMENT FOR SALE D’LEEDON D’Leedon Near MRT. Special Promo 10 15% Disc! 1/ 2 3 4 Penthouse/ Villas from $12XX psf. Garden House $805 psf+.
      212 words
    • 220 23 D11 21 APARTMENT FOR SALE ROYAL COURT Rare! Freehold. Penthouse 4 bdrms 1 utility. Ensuite rooms unblocked Nature reserve. Future MRT in 2015. Charlee Ng 8511 5565 D11 21 APARTMENT FOR SALE TERRENE Bt Timah, 915 sqft, 2-rm. Beauty World MRT, Pei Hwa Primary School. Unblock. Farrand 9856 7025 D11
      220 words
    • 231 23 D10 HOUSE FOR RENT THIRD AVENUE Good Class Bungalow. Third Avenue, Hilltop, 20,000 sf. 6+maid’s. New windows. Pool. Greenery Quiet. $19,000. Contact Owner 9752 6884 D11 21 HOUSE FOR RENT DUNEARN ROAD Newly rebuilt. 6500/ 9500 sqft. 4-levels, pool. Opposite MRT, Botanic Gardens $27K. Also for sale. Owner 9863 5635/
      231 words

  • Page 24 Advertisements
    • 475 24 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements D04 APARTMENT FOR RENT BERTH BY THE COVE Berth By The Cove. Show house condition, 2 bedrm with sea view. Immediate. $6K. Call 9743 0347 for viewing. D05 APARTMENT FOR RENT BOTANNIA APARTMENT West Coast Pk for Rent fr Owner. 3 bdrm,
      475 words
    • 125 24 D01 OFFICE FOR SALE SUNTEC CITY Suntec City Tower 2 #15. Face Fountain of Wealth. 3498.3 sqft. F/fitted. Newly renovated. $10M ono D01 SHOP FOR SALE BOAT QUAY Rare 3-storey, 999 yrs conservation shophouse. Land 1428 sqft. River view. Good historical value! Grab! D01 SHOP FOR SALE SOUTH BRIDGE ROAD
      125 words

  • Page 25 Advertisements
    • 550 25 D07 SHOP FOR SALE FU LU SHOU COMPLEX New listing! Fu Lu Shou Complex. 1280 sq.ft. Good facing. Heavy human traffic. With/ without tenancy. Exclusive agt Lai 9228 1811 D07 SHOP FOR SALE SIM LIM SQUARE #01. Sim Lim Square. High traffic!! 4x prime unit. Close to $1M annual rental.
      550 words
    • 147 25 D27 FACTORY FOR SALE NORTHSPRING BIZ HUB Northspring Biz Hub B2 Ind. MRT Yishun. Near Aerospace. #03. 1507 sqft. Ask $7xxk. Act now! 9666 1666 Evon D02 OFFICE FOR RENT INTERNATIONAL PLAZA 473 936/ 1400/ 2357 sf. Fully renovated. Movein condition. Also for sale 9005 2048 TRS D07 OFFICE FOR
      147 words
    • 130 25 D12 OFFICE FOR RENT MIN GHEE BUILDING Walking distance to Boon Keng MRT. 1500 sqft. Partial fitted with 1 free parking. $3.00 psf neg. Available now! D12 SHOP FOR RENT LITTLE INDIA VICINITY Shop house Little India, 2174 sqft, suits retail/ F&B/ office. 1st or 2nd floor optional. $4.50/ $4.00
      130 words
    • 131 25 D27 OFFICE FOR RENT A’POSH Partition units A’Posh, Northpoint Biz hub. View To Offer! Move in immediate Call *****338 Teo KS FOREIGN PROPERTY FOR SALE APARTMENT IN MALAYSIA Mudzaffar Soho in Malacca. MITC @S$120k up. 5% early bird disc. Deferred payment,free stamp duty, legal fee. 7% return p.a. for 2yrs.
      131 words

  • 2860 26 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 n GLOBAL SERVICE Destination STXPO TBN Antwerp/UK *Loads Singapore, E./W Malaysia, Indonesia MIDDLE-EAST SERVICE CONVENTIONAL, BREAKBULK PROJECT Destination STXPO TBN Camden/New
    2,860 words
  • Page 26 Advertisements
    • 42 26 shfp maintenance rvices wanted. Can -they find your services here in -the Shipping Times? TO ADVERTISE. CALI IOE WO IMG AT 9620 1327 THE BUSINESS TIMES Shipping Times Shippers looking for Warehouse Can they find your services here in the Shipping Times?
      42 words
    • 18 26 USE THIS SPACE TO SELL CALL JOE WONG AT 9620 1327 TO ADVERTISE The Business Times Shipping Times
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  • Page 27 Advertisements
    • 165 27 Importers looking for Warehouse Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE WONG AT 9620 1327 the business times mt uujiihljj iiivicj Shipping Times FREIGHT FORWARDER urgently needed by shippers TO ADVERTISE, CALL JOE WONG AT 9620 1327 Can they find your services here
      165 words
    • 15 27 TO ADVERTISE IN The Business Times IML UUJIMLJJ I IIVILJ Shipping Times CALL JOE WONG
      15 words

  • SINGAPORE STOCKS
    • 3315 28 Transaction date: Jan 31 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 Last Quote 11 6.6 AEM --AAT C'vr 159.5 98.5 AIMSAMPIReit 158.5cd +1.5 923 159.5 157.5
      3,315 words
    • 210 29 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 4.6 1.3 t Advanced System 1.8 unch 5008 1.8 1.7 1.8 1.9 26.8 Last Quote Div Gr Yld Net M Cap High
      210 words
    • 10376 29 UNIT TRUST FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha FuncTCI A!** Aberdeen Asset Mgt Asia Limited APS Alpha Fund (USD)!** 1.13/ Aberdeen Asset Mgt Asia Limited EM Local Ccy Bond Global Emerging Markets!** Asian Smaller Cos!** .1 9272/ EM Local Ccy Bond 1.0057/ European Opportunities!" 1.1438/ Global
      10,376 words
    • 262 29 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 50 25.5 AVJennings A35 -6.5 2 35 35 35.5 40.5 3.6 10 2.8 91.1 45 30 Genting HK US$ US44.5 +2 ***** 45 43 44 44.5 2930.1
      262 words
    • 925 29 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 126 107.1 ABF SG Bond ETF 117.7 +0.1 26 117.7 117.7 117.7 119 537.3 135.9 120.4 CIMB APAC Div 100S$D 135.8 135.4 136.4 111.7 95.8 CIMB
      925 words


  • FINANCE & COMMODITIES
    • 650 30 Jan 31 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.50 *****.38 *****.77 Mar13 *****.00 *****.00 *****.00 *****.00 *****3 *****1 Jun13 *****.00 *****.00 *****.00 *****.00 19 2843 MSCI TAIWAN INDEX FUTURES SPOT 280.70 281.96 279.80 Feb13 280.10 282.00 279.20 281.90 ***** *****2 Mar13 277.70
      650 words
    • 373 30 In local curr In S$ In US$ dy yr dy yr dy yr Jan 30 Index Change Change Change Change Change Change World Preliminary 992.9 0.0 5.8 0.1 6.7 0.1 5.5 EAFE Preliminary 822.7 0.0 6.2 0.3 6.7 0.3 5.5 Europe Preliminary 1212.7 -0.5 5.7
      373 words
    • 470 30 Jan 31 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.043 6.470 0.767 8.071 55.420 101.574 0.946 11.334 3.229 1.243 101.678 42.331 1.287 9.416 0.948 30.745 31.031 0.657 1.040 Canada 0.959 6.202
      470 words
    • 68 30 Jan 31 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 0.***** 0.***** SWAP Offer rates (S$) 0.***** 3 mths 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths 0.***** SWAP Mid
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    • 134 30 Jan 31 GOLD(US$/oz) Jan 30 Jan 31 Hong Kong 1675.00 1683.50 Jan 29 Jan 30 London 1661.51 1680.33 1662.28 1681.13 Source: Thomson Reuters CAST BAR Jan 31 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 150 67 5gm 425 333 10gm 760 667
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    • 90 30 Jan 31 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****A 02-May-13 0.25 6-Month BS*****F 25-Jul-13 0.26 1-Year BY*****X 01-Nov-13 0.27 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0N 0.25 01-Oct-14 99.92 99.98 99.95 5-Year N*****0Z 2.375
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    • 57 30 Jan 31 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Feb 13 2460.0 2445.0 2525.0 2459.0 385 4770 Mar 13 2501.0 2480.0 2563.0 2496.0 3514 ***** Apr 13 2532.0 2510.0 2593.0 2527.0 ***** ***** May 13 2555.0 2535.0
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    • 154 30 Jan 31 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2869 1.2877 1.0402 1.0407 Canadian dollar 1.2339 1.2341 0.9974 0.9973 Euro 1.6771 1.6775 1.3556 1.3558 NZ dollar 1.0350 1.0356 0.8366 0.8370 Sterling pound 1.9580 1.9584 1.5826 1.5828
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    • 108 30 Jan 30 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Mar 13 1478.75 1451.75 1481.75 1447.00 May 13 1467.50 1439.75 1470.00 1435.75 Jul 13 1457.25 1429.50 1459.25 1425.00 Aug 13 1426.25 1402.00 1430.75 1397.25 SOYBEAN OIL (60,000 lbs; US cent/lb) Close Previous High/Low Mar 13
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    • 80 30 Jan 30 COCOA (£/tonne) Close Prev High/Low Mar 13 1420 1435 1445/1411 May 13 1429 1444 1455/1422 Jul 13 1439 1452 1462/1430 Sep 13 1447 1459 1470/1438 COFFEE(US$/tonne) Close Prev High/Low Jan 13 2018 1986 2014/1992 Mar 13 1968 1936 1975/1939 May 13 1982 1955 1986/1956 Jul 13 1993
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    • 947 30 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 Conv Ratio Asiatravel.com HoldingsW*****7 5.7 0.5 156 1 25 18 Asiatravel.com HoldingsW*****5 5.2 1 27 42 Prem Best World Intl Ltd W*****5 Expiry BiosensoMBeCW*****3 ing Left Biosensors Int'l
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    • 70 30 CRUDE OIL PRODUCTS Jan 30 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 114.82 0.39 WTI (Near Mth) 97.98 0.61 Dubai (1-Mth F) 109.53 1.37 Tapis blend 121.04 1.35 Minas 117.14 1.35 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 108.67 1.50 Jet Kerosene 130.91 1.86 US$/barrel OpecOil Basket
      70 words
    • 24 30 Jan 31 S$ Bid Offer 1-month 1.2373 1.2374 2-months 1.2373 1.2374 3-months 1.2373 1.2374 6-months 1.2372 1.2373 Source: OCBC Source: OCBC
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    • 65 30 Jan 30 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 2066.50 2022.25 3 months 2104.00 2060.00 Copper, Grade A(US$/tonne) Cash 8190.75 8068.50 3 months 8226.00 8103.00 Lead(US$/tonne) Cash 2426.75 2393.00 3 months 2439.00 2405.00 Nickel (US$/tonne) Cash *****.00 *****.50 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00 3 months
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    • 121 30 As at 9am Jan 31 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.317 1.255 Can dollar 1.261 1.201 Euro 1.715 1.634 Sterling pound 1.988 1.912 NZ dollar 1.067 1.007 US dollar 1.260 1.200 Local dollars to 100 units of foreign
      121 words
    • 157 30 Jan 31 $S Offer Bid 0vernight 0.08 0.03 1-month 3/8 1/4 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.07 US$ Offer Bid 7 days 0.22 0.12 1 month 0.28 0.18 2 months 0.40 0.20 3 months 0.45 0.25 6 months 0.65 0.45 9 months 0.80 0.60 12
      157 words

  • MUSIC/GAMING
    • 715 31  -  Esperanza Spalding plays the double and electric basses, sings with the best, dresses like an actress and, most importantly, is headed here soon, writesCHRISTOPHER LIM writesCHRISTOPHER MUSICIANS face dilemmas when they hit the big time. Esperanza Spalding began her career playing violin and bass as
      PHOTOS: JOHANN SAUTY  -  715 words
    • 584 31  -  CD REVIEWS By CHRISTOPHER LIM Sans Attendre Celine Dion (Sony) Rating: B+ Question: What does it take to make Celine stop screaming melodramatically as if she were still in competition with Mariah Carey and the late Whitney Houston? Answer: Get her to sing in French. A return
      584 words
    • 455 31  -  By CHRISTOPHER LIM Quebec Magnetic Rating: B+ METALLICA’S 2008 album Death Magnetic was a long-awaited return to form after the band had spent more than a decade meandering in confusion. This 2009 concert, recorded at Colisee Pepsi in Quebec City, Canada, captures the album
      FILE PHOTO  -  455 words
    • 539 31  -  GAMING REVIEW By CHRISTOPHER LIM EURO-AMERICAN game studios and their Asian counterparts have aped each other for years now, but rarely does the mutual admiration result in a balanced game that is enjoyable to play beyond the first few hours. Lili is an exception. It is beautiful,
      539 words

  • WINE
    • 1366 32  -  Simply let the occasion dictate the choice of wine, writesNK NK YONG PLANNING wines to go with a meal is a welcome excuse to take a break for an hour or two in the cellar browsing through the bins and the cases. At 10
      PHOTOS: FILE, NK YONG  -  1,366 words
  • Page 32 Advertisements
    • 245 32 I CORPORATE SQUARE-OFF is possibly the only event where we can still be the best of friends despite the fierce battle! While we fought hard for the $10,000 cash, we also built strong bonds through the various training programmes and corporate classes. The highlight 7 Meeting people from so many
      245 words

  • ARTS
    • 827 33  -  By CHEAH UI-HOON IT IS the 11th time Andrew Sinclair, resident director of the Royal Opera House in Covent Garden, has directed Puccini’s Madama Butterfly, but the multi-layered work still fascinates him. He finds the clash of cultures still resonating today, even though the world
      PHOTO: SLO  -  827 words
    • 1537 33  -  The champagne’s been popped, but questions over money and purpose linger, writesHELMI HELMI YUSOF IT’S official: Art Stage 2013 was a success. Official figures put the visitor numbers at 40,500, compared to 35,000 last year. Among them were many serious
      PHOTOS: AP, FOST GALLERY  -  1,537 words
    • 547 33  -  By SARA YAP THERE’S a play that doesn’t expect its audience to keep quiet. In We Are Like This Only!, you’re encouraged to voice your opinion and banter with the actors after the performance. The play is a light-hearted take on a serious topic
      PHOTO: HUM THEATRE  -  547 words
    • 560 34  -  Three classic plays get a contemporary twist from three exciting directors. The Crucible, 12 Angry Men and Awakening the last-mentioned adapted from Dream of the Red Chamber show why the classics never go out of style. ByHELMI YUSOF ByHELMI HELMI YUSOF Director Rayann Condy is in a
      PHOTO: TOY FACTORY PRODUCTIONS  -  560 words
    • 480 34 12 ANGRY MEN: American playwright Reginald Rose’s tight American courtroom drama from the 1950s has been translated into Mandarin by local theatre practitioner Nelson Chia, who thinks its themes of class and social prejudice couldn’t be more relevant to current-day Singapore. The original play is
      PHOTO: TAN NGIAP HENG  -  480 words
    • 468 34 AWAKENING: How do you adapt one of the most complex masterpieces of Chinese literature a massive tome over 300 pages long into a stage production? Why, you begin with an all-female cast, of course. That, at least, is how Hong Kong director Edward Lam is tackling
      PHOTO: EDWARD LAM DANCE THEATRE  -  468 words
    • Around Town
      • Article, Illustration
        300 34 Gezeitentumpel: Singapore-based German photographer Philipp Aldrupp will display some of his works that question the futility and meaning of life. Local band The Observatory has contributed their music as a soundtrack to the exhibition. Objectifs Centre for Photography and Filmmaking, 56A Arab Street, from today to Feb 25. The
        FILE PHOTO  -  300 words
      • 94 34 India on the run: Local photgrapher Mark Teo will showcase photos taken from his participation in The Rickshaw Run, a rickshaw race through India. The photo prints will be for sale and all proceeds go to FRANK Water, which provides clean water to villagers living below the poverty line
        94 words
      • 234 34 Gala: Neeme Jarvi Nicola Benedetti (SSO): Young Scottish violinist Nicola Benedetti, who is known for winning the BBC Young Musician of the Year award at the age of 16, will play the solo in film composer Erich Korngold’s Concerto. Also in this concert, Estonian conductor Neeme Jarvi will conduct
        234 words
      • 94 34 L’Arbre (The Tree) screening: Catch the screening of this French-Australian film which received a standing ovation after closing the 2010 Cannes Film Festival. Filmed entirely in Australia, the movie is about a little girl who believes her late father speaks to her through the leaves of a tree, as
        94 words
  • Page 33 Miscellaneous
    • 302 33 CRYPTIC CROSSWORD Across 1 Occasion some face with resolution (3,5,3) 9 Want a little snow? (9) 10 A party disgrace (5) 11 Party drinks may get nasty glares (6) 12 Mean to endure? (5,3) 13 Appear in the nude not how skater is normally seen (6) 15 Time to celebrate
      302 words


  • CINEMA
    • 383 35  -  By DYLAN TAN IT’S only been about two months since the first instalment of Jack Neo’s coming-of-age army comedy Ah Boys To Men hit the big screens but the recruits are fast-tracking it to their passing out parade in this sequel.
      PHOTO: MM2 ENT  -  383 words
    • 610 35  -  Pirate Cinema Cory Doctorow $41.20 (print) 384 pages Rating: B- BOOK REVIEW By CHRISTOPHER LIM SOME artists are more famous for their ideas and politics than the quality of their work. A prime example in music is Nine Inch Nails’ Trent Reznor, for pioneering album releases online
      PHOTO: NK GUY  -  610 words
    • 586 35  -  The stellar cast of Quartet may be wrinkled and grey, but they sure deliver the goods, writesGEOFFREY GEOFFREY EU AT Beecham House, a stately retirement home for classical musicians, the vagaries of old age are keenly felt among residents who once performed to packed
      PHOTO: THE WEINSTEIN COMPANY  -  586 words
    • 516 35  -  By DYLAN TAN IP MAN makes love not war in The Grandmaster, Wong Kar Wai’s long-awaited biopic of the Wing Chun martial arts pioneer. As usual, romance or more precisely, unrequited love is the key plot driver and even with the spectacular fight scenes choreographed by
      PHOTO: GV  -  516 words

  • executive lifestyle
    • 671 36  -  OFFTHE CUFF Jaime Ee MIKE the freelance geomancer snake slithered hurriedly through the bush in MacRitchie nature reserve, startling his psychologist monkey who was about to confront a family throwing bread at wild turtles swimming in a tranquil pond partly for flouting park rules but also
      671 words
    • 1530 36  -  Financially and creatively, the overseas movie industries have proven to be an irresistible draw for local industry players, reports DYLAN TAN reportsDYLAN reportsDYLAN TAN WITH the recent box-office success of Jack Neo’s Ah Boys To Men Part 1 and Kelvin Sng’s Taxi Taxi (the former has
      PHOTOS: MICHAEL LEOW, FLORA GOH, ROGER LEE  -  1,530 words
  • Page 36 Advertisements