The Business Times, 30 March 2013

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Total Pages: 43
1 20 The Business Times
  • 20 1 weekend THE BUSINESS TIMES www. usinesstimes.com. g MARCH 30-31, 2013 S$1.00 MICA (P) 075/08/2012 sph A SINGAPORE PRESS HOLDINGS PUBLICATION
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  • 25 1 PROPERTY AUCTIONS THE property auctions market jumped back to life in the first quarter following a sleepy 2012, says Colliers International. 2
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  • 39 1 PRIVATE EQUITY CHINA is teeming with potential private equity deals no matter what the IPO market is like, says Singaporean Yong Kwek Ping, who runs funds in China amounting to $5.3 billion under management. 4
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  • 32 1 ECO-CITY SOLAR panels, extra large cycling lanes, and a garbage system that automatically pumps rubbish and runs it through underground pipes. Tianjin Eco-city is coming up.| 6
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  • 40 1 CYPRUS PRESIDENT Nicos Anastasiades yesterday vowed Cyprus would stay in the eurozone despite the harsh terms of a EU-led bailout, as the island’s banks resumed normal trading for the first time in two weeks. 17
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  • 1046 1  -  Investors going to countries where growth is going up and monetary policy remains loose By Cai Haoxiang haoxiang@sph.com.sg Singapore ARISING tide is not lifting all stock markets, and the difference is starkest between developed and emerging economies. Equity indices in the world’s
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  • 1249 1  -  Despite global uncertainty, young people increasingly see opportunity in industry as global financial crisis recedes By Benjamin Aw benaw@sph.com.sg Singapore SINGAPORE’S autonomous universities could add almost 20 per cent more to Raffles Place lunch crowds by 2016 than they do today, based
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  • Page 1 Advertisements

  • TOP STORIES
    • MARKETS
      • 53 2 HSTI(Thursday’s close) 3,308.10 (-4.93) HSTI FUTURES 3,290.00 (-23.00) HSIMSCI 375.08 (-0.65) HSIMSCI FUTURES 372.80 (-3.00) Friday Change KL COMP 1,671.63 -2.41 NIKKEI 225 12,397.91 +61.95 HANG SENG Closed SET 1,561.06 +16.49 JAKARTA Closed MANILA Closed KOSPI 2,004.89 +11.37 SHENZHEN B 791.26 -1.57 MUMBAI IND Closed 12am EST Change DOW
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      • 29 2 SINGAPORE 5.38 MALAYSIA 6.55 HONG KONG 5.00 INDONESIA 13.276 TAIWAN 5.036 JAPAN 1.475 KOREA 9.33 BRITAIN 0.50 US 3.25 CANADA 3.00 SWITZERLAND 0.50 INDIA 14.45 Source: Bloomberg
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      • 49 2 (Thursday’s close)US$ S$ US$ (S$ per US$) 1.242 (US$/S$ per 1.516 1.883 EURO(US$/S$/€ 1.280 1.589 Foreign currency per US$ S$ YEN 94.20 75.90 RM 3.097 2.494 HK$ 7.763 6.252 BAHT 29.28 23.58 RUPIAH 9,716 7,825 RENMINBI 6.214 5.004 INDIAN RUPEE 54.35 43.77 A$ 0.959 0.772 NZ$ 1.194 0.961
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    • 659 2  -  Total sales value so far this year higher than all of 2012 By Felda Chay fe|dac@sph.com.sg Singapore THE property auctions market jumped back to life in the first quarter following a sleepy 2012, with total sales value in the first three months alone exceeding that
      659 words
    • 1070 4  -  Slow market perception due to focus on pre-IPO space, says S’porean PE pioneer Reports by Cai Haoxiang haoxiang@sph.com.sg Singapore CHINA is still teeming with potential private equity deals no matter what the initial public offering (IPO) market is like, says Singaporean Yong Kwek Ping,
      PHOTO: ARTHUR LEE  -  1,070 words
    • 322 4 SINGAPORE has the potential to become a private equity hub for less well-known funds active in the United States or Europe, says Yong Kwek Ping, a Singaporean private equity (PE) pioneer in China. Attracting them to set up offices here can create
      322 words
    • 1097 6  -  But the jury is still out on whether its small model will be scaleable and help alleviate China’s urbanisation woes By Virginie Mangin btworld@sph.com.sg Beijing JUST over six years ago, the 30 square kilometres of land earmarked for Tianjin’s Eco-city was a
      FILE PHOTO  -  1,097 words
    • 467 7 Index takes a leaf from DJIA, which keeps up the pace Reuters New York THREE weeks after the Dow Jones Industrial Average soared past its historical high reached in 2007, the broader-based S&P 500 index also set a record closing high, finishing a
      Reuters  -  467 words
    • 668 8 Encouraging figures indicative of economic growth in first quarter LATEST US DATA Reuters Washington US consumer spending rose in February and income rebounded, further signs that economic activity accelerated in the first quarter, even though part of the increase in consumption reflected higher petrol prices.
      Reuters  -  668 words
    • 445 8 Reuters Seoul IN a marked escalation of tensions on the Korean peninsula, Pyongyang yesterday put its missile units on standby to attack US military bases in South Korea and the Pacific. The latest sabre-rattling by North Korea comes after the US
      Reuters; PHOTO: AP  -  445 words
  • Page 2 Advertisements
    • 93 2 CONTENTS NEWS Top Stories 2-8 Week in Review 9 LIVING Dining L2-8 Style L9 Design L10-11 Raffles Conversation 10-11 Companies 12 Singapore 13 From the Desk of 14 World 16-20 Stocks Stats 21 Perspective 22-23 Wealth 24-31 Smart Money 26-27 Show Me The Money 29 Real Estate 30-31 Home Garden
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  • Page 3 Advertisements
    • 251 3 LEAD WITH IMRACT Executing Strategy in Complex Times ARE YOUR LE ADERS READY? In a volatile global market, translating strategy into effective execution requires leadership agility. Leaders need to create alignment and build commitment to effectively execute strategy, Complex challenges require leaders to collaborate across boundaries to gain critical perspectives,
      251 words


  • Page 5 Advertisements
    • 262 5 “Leadership and Learning are Indispensable to Each Other” John F. Kennedy Leadership at the Peak Being a leader at the top is a continuing journey of learning to keep pushing the boundaries to seek new heights, Leadership at the Peak is designed exclusively for C-level and senior executives in the
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  • Page 7 Miscellaneous
    • 58 7 SINGAPORE -SWEEP1 ST PRIZE $2,200,000 2 nd PRIZE $500,000 3» PRIZE $250,000 SNOWBALLED E JO $1,300,000 w f SINGAPORE m Draw No. 04/2013 *9SB Draw Date: Wednesday. 3 Ap* JtmB: $35r 1|335Q94Q A DRAW ON WEDNESDAY, 3 APRIL 2013 p y'X Always play with care. responsibiyj Do not bet illegally.
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  • Page 8 Advertisements
    • 626 8 jU«-AT3 NOTICES In The Matter of The Companies Act Cap. 50 And In The Matter of CALIBURN CAPITAL PARTNERS PTE. LTD. Company Registration No: *****4557E (Incorporated in the Republic of Singapore) MEMBERS' VOLUNTARY WINDING UP At an Extraordinary General Meeting of the Member of the abovenamed Company duly convened and
      626 words

  • WEEK IN REVIEW
    • THIS WEEK March 25-29, 2013
    • 78 9 US DATA April 1 ISM Index for March April 2 Factory orders for February April 3 ADP employment report for March April 5 March unemployment rate SINGAPORE DATA April 5 Advance URA Property Index for Q1 EVENTS April 2 Reserve Bank of Australia holds interest
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  • Page 9 Miscellaneous

  • THE RAFFLES CONVERSATION
    • 2186 10 / 11  -  Pierre Nanterme, chairman and CEO of Accenture, heads a business without a physical HQ and whose leaders can operate anywhere virtually. By Anna Teo By Anna Teo anna@sph.com.sg AS chairman and CEO of a US$30 billion company, Accenture’s Pierre Nanterme no doubt wields clout and power. What
      PHOTO: YEN MENG JIIN  -  2,186 words

  • COMPANY NEWS
    • 931 12  -  Group could become an early player in projects to develop floating LNG facilities, says CEO By Felda Chay feldac@sph.com.sg Singapore KEPPEL Corporation is making preparations to tap business opportunities that may arise from the US shale gas revolution, CEO Choo Chiau Beng has
      FILE PHOTO  -  931 words
    • 464 12  -  By Felda Chay feldac@sph.com.sg Singapore TIANJIN Zhongxin Pharmaceutical Group saw net profit for FY2012 jump 61 per cent, as higher revenue and share of profit from its associates helped lift bottom line. Net profit for the 12 months ended Dec 31, 2012, rose
      464 words

  • SINGAPORE NEWS
    • 361 13  -  Marsh launches liability solution to protect against litigation, covers religious bodies as well By Grace Ng ngrace@sph.com.sg INSURANCE broker and risk management adviser Marsh has launched an insurance product for Singapore charities. Touted by the company as the first of its kind, the Charities
      361 words
    • 449 13  -  By Ronnie Lim ronnie@sph.com.sg SINGAPORE’S newest power station, the 800-megawatt GMR Energy facility currently under construction on Jurong Island, is now officially in the hands of the new owner the Hong Kong-Phil-ippines consortium FPM Power Holdings. This follows financial completion of FPM’s
      PHOTO: REUTERS  -  449 words
    • 374 13 A SUBSIDIARY of property and construction group TA Corporation Ltd has become a Shell Eastern Petroleum distributor in Myanmar. Que Holdings, in which TA Corp owns 51 per cent, has been appointed the distributor of Shell’s automotive and industrial lubricant products
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  • FROM THE DESK OF
    • 741 14  -  Workforce development leads to improved innovation, enhanced productivity and greater staff retention all of which are key business goals FROM THE DESK OF Doy Teo Director Triumph International Singapore WORKPLACE needs have evolved rapidly ever since globalisation allowed capital, jobs, talent, business
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  • Page 15 Advertisements
    • 2136 15 B L U M O N T BLUMONT GROUP LTD. (Incorporated in the Republic of Singapore) Company Registration No. *****2554G NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Twentieth Annual General Meeting of the Company will held at Grand Copthorne Waterfront Hotel at 392 Havelock Road, Singapore
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  • WORLD
    • 635 16 Project finance lending in the region last year is down 6.3% at US$1 3.5b, according to data from Thomson Reuters Reuters Kuala Lumpur INDONESIA is seeking European investors for US$9 billion worth of water, road, air and seaport projects in what will be a
      Reuters; PHOTO: REUTERS  -  635 words
    • 314 16 AP Hong Kong HONG KONG’S government has postponed a plan to restrict public access to personal information about company directors after protests from journalists and business groups. Information gleaned from the database was used in investigative news reports last year to help
      AP  -  314 words
    • 461 17 Anastasiades says rescue package has saved the country from bankruptcy AFP Nicosia PRESIDENT Nicos Anastasiades vowed yesterday that Cyprus would stay in the eurozone despite the harsh terms of a EU-led bailout, as the island’s banks resumed normal trading for the first time
      AFP  -  461 words
    • 41 17 Vatican City Pope Francis washing and kissing the feet of 12 inmates in Rome yesterday the first time a pontiff had performed the ritual in a prison, and the first time it included women and Muslims.PHOTO: PHOTO: AP
      PHOTO: AP  -  41 words
    • 229 17 Bloomberg Rome ITALY’S government bonds fell for the first quarter since June as a political deadlock and concern that financial turmoil in Cyprus will spread sapped demand for the nation’s securities. Greek bonds also dropped in the past three months as European Union
      Bloomberg  -  229 words
    • 229 18 AFP Washington US President Barack Obama will unveil his long-awaited budget for the fiscal year 2014 on April 10, two months after he was required by law to do so. Mr Obama’s fiscal blueprint has been held up by successive showdowns between
      AFP  -  229 words
    • 459 18 Maesrk says opportunities will grow as imports will increase Bloomberg Singapore AP Moeller-Maersk A/S, owner of the world’s biggest container shipping line, said China’s efforts to boost domestic consumption and pare reliance on exports will help carriers as imports into the country
      Bloomberg; FILE PHOTO  -  459 words
    • 496 19 The new leadership should act on pledges to reduce bureaucracy, remove investment barriers AP Beijing FOREIGN companies in China say they want the country’s new leadership to act on pledges to reduce bureaucracy and remove investment barriers as the business climate gets tougher, the American Chamber
      AP  -  496 words
    • 297 19 Reuters Shanghai CHINA will spend 100 billion yuan (S$20 billion) over three years to deal with Beijing’s pollution, according to an official newspaper report, as the government tries to defuse mounting public anger over environmental degradation. Beijing’s government has pledged to
      Reuters; PHOTO: REUTERS  -  297 words
    • 432 20 State media launches a tirade against the US company for ‘unparalleled arrogance’ AFP Beijing APPLE is to face “strengthened supervision” from China’s consumer watchdogs, state media said, as the US company is hit by a barrage of negative publicity in the country. China is
      AFP; PHOTO: REUTERS  -  432 words
    • 485 20 Reuters Tokyo JAPAN’S factory output dipped unexpectedly in February on a drop in electronics production and consumer prices, underscoring the challenge the central bank faces in engineering a sustained recovery and achieving its 2 per cent inflation target. Exporters are hoping to see the
      Reuters  -  485 words
  • Page 16 Advertisements
    • 32 16 with LAWSON CHAPMAN SQUARE Tune in to HOT FM91.3 or log on to www.hotfm.sg for more details! /IFN UNIVERSAL V Wy UNIVERSAL MUSIC SINGAPORE >T 5C ft n WWW.HOTFM FACEBOOK COM/HOTFMSG HOTFMSG
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  • Page 17 Advertisements
    • 954 17 NOTICES In the matter of The Companies Act, Cap. 50 and in the matter of WAVELINK MARITIME SERVICES PTE. LTD. (Co. Reg. No. *****4784W) (In Members’ Voluntary Liquidation) At an Extraordinary General Meeting of the members of the abovenamed Company, deemed to be held at 75 Jellicoe Road #04-01 Wavelink
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  • Page 18 Advertisements
    • 23 18 NOWAVAILABLEONiPAD ANDROID ASIA’S LEADING LUXURY YACHTING MAGAZINE Blu Inc Media (HK) Ltd. Tel: 852 2165 2800 Fax: 852 2868 1799 Email: queries@bluincmedia.com www.bluincmedia.com
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  • Page 19 Advertisements
    • 178 19 THE BUSINESS TIMES SATURDAY SPECIAL SEAFOOD BONANZA Savour the best-selling ‘Squid Ink Tagliolini Vongole’ ($17.50++) or ‘Seafood Saffron Rice’ ($19++) and enjoy one complimentary glass of white wine worth $11.50++. Venue O’Coffee Club 9 Raffles Boulevard, #01-47B/53/54 Millenia Walk. Tel: 6337 7848 Website: www.ocoffeeclub.com Terms Conditions Promotion valid from 1st
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  • Page 20 Advertisements
    • 51 20 HOT PROPERTY yjg WfiT M0S J amazing Landmark Tower 3290 I 1 pi^PrSss floor.' N Cmg/ unbl ock, high VILLAGE PAS IP d-i 3[m penthouse f r S2T 9 VIEW Check this and many other properties in CATS Classified in The Straits Times now! WATS BUY IT SELL IT FIND
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  • MARKETS
    • 78 21 Mar 28 COCOA (£/tonne) Close Prev High/Low May 13 1467 1452 1474/1452 Jul 13 1477 1463 1484/1463 Sep 13 1486 1474 1493/1478 Dec 13 1489 1478 1496/1479 COFFEE(US$/tonne) Close Prev High/Low Mar 13 2023 2023 May 13 2051 2054 2063/2037 Jul 13 2074 2071 2080/2059 Sep 13 2080 2077
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    • 67 21 Mar 28 GOLD(US$/oz) Mar 28 Mar 27 Hong Kong 1612.20 1602.00 Mar 28 Mar 27 London 1595.19 1604.46 1596.41 1605.23 Source: Thomson Reuters SILVER Selling Buying Passbook 1 oz 36.03 35.38 Source: UOB PLATINUM Lon (US$/oz) Mar 28 Close Previous PM Fix 1576.00 1575.00 AM Fix 1583.00 1573.00 Source:
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    • 118 21 Mar 28 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.328 1.265 Can dollar 1.250 1.191 Euro 1.624 1.547 Sterling pound 1.915 1.842 NZ dollar 1.074 1.014 US dollar 1.267 1.207 Local dollars to 100 units of foreign currency: Currencies Sell
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    • STOCK MARKETS
      • 21 21 YTD change: +4.45% 52-week high: 3,321.62 on March 27, 2013 52-week low: 2,698.90 on June 4,2012 Source: Bloomberg
        Source: Bloomberg  -  21 words
      • 20 21 YTD change: -1.58% 52-week high: 23,944.74 on Feb 4,2013 52-week low: 18,056.40 on June 4,2012 Source: Bloomberg
        Source: Bloomberg  -  20 words
      • 21 21 YTD change: -1.43% 52-week high: 2,453.73 on May 4,2012 52-week low: 1,949.46 on Dec 4,2012 Source: Bloomberg
        Source: Bloomberg  -  21 words
      • Article, Illustration
        18 21 YTD change:+19.27% 52-week high: 12,650.26 on March 21,2013 52-week low: 8,238.96 on June 4,2012 Source: Bloomberg
        Source: Bloomberg  -  18 words
      • 26 21 YTD change: +11.25% 52-week high: 14,585.10 on March 29,2013 52-week low: 12,035.09 on June 4,2012 (Chart shows Thursday’s index closing) Source: Bloomberg
        Source: Bloomberg  -  26 words
    • 57 21 Mar 29 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Apr 13 2350.0 2340.0 2365.0 2345.0 79 1352 May 13 2381.0 2368.0 2393.0 2367.0 2447 ***** Jun 13 2393.0 2378.0 2402.0 2376.0 ***** ***** Jul 13 2400.0 2387.0
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    • 92 21 Mar 28 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****S 27-Jun-13 0.25 6-Month BS*****T 19-Sep-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*****0S 0.25 01-Feb-13 100.04 100.09 100.08 5-Year N*****0T 2.375
      92 words
    • 155 21 Mar 28 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2952 1.2955 1.0432 1.0433 Canadian dollar 1.2208 1.2214 0.9837 0.9833 Euro 1.5891 1.5896 1.2799 1.2802 NZ dollar 1.0397 1.0405 0.8374 0.8380 Sterling pound 1.8824 1.8830 1.5161 1.5165
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    • 103 21 Mar 28 SOYBEANS (5,000 bu min; USc/60 lb bushels) Close Previous High/Low May 13 1404.75 1453.75 1459.75 1397.00 Jul 13 1385.50 1431.00 1436.25 1376.00 Aug 13 1346.75 1385.50 1391.25 1339.75 Sep 13 1285.00 1315.25 1320.25 1281.50 SOYBEAN/OIL(60,000 lbs; USc/lb) Close Previous High/Low May 13 50.11 50.82 50.95 49.52
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    • 69 21 Mar 28 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 1875.25 1885.75 3 months 1904.00 1916.00 Copper, Grade A (US$/tonne) Cash 7509.75 7576.75 3 months 7540.00 7606.00 Lead (US$/tonne) Cash 2090.75 2096.25 3 months 2112.00 2118.00 Nickel (US$/tonne) Cash *****.50 *****.50 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00
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    • 68 21 Mar 28 CRUDE US$/barrel (FOB origin) Close Change Brent blend (1-Mth F) 109.36 unch WTI (Near Mth) 96.53 unch Dubai (1-Mth F) 107.14 0.47 Tapis blend 114.54 0.33 Minas 109.84 0.63 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 102.61 0.61 Jet Kerosene 122.12 1.20 US$/barrel OpecOil Basket Price 106.79
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    • 373 21 In local curr In S$ In US$ dy yr dy yr dy yr Mar 28 Index Change Change Change Change Change Change World Preliminary 1023.4 0.1 9.1 0.0 8.7 0.3 7.0 EAFE Preliminary 843.6 0.0 8.9 0.1 6.0 0.4 4.4 Europe Preliminary 1219.1 0.4 6.3
      373 words

  • PERSPECTIVE
    • Article, Illustration
      1346 22 / 23  -  Why does Washington seem willing to give in on North Korea’s nukes but remain steadfast against responding to Iran’s nukes with a similar containment approach? Leon Hadar Washington correspondent AS US policymakers and legislators mark the 10-year anniversary of the invasion of Iraq and its disastrous military and
      PHOTO: AP  -  1,346 words
    • 684 22 / 23  -  By Joergen Oerstroem Moeller ~The writer is a visiting senior research fellow, Institute of Southeast Asian Studies, Singapore and adjunct professor, Singapore Management University Copenhagen Business School THE inability to reduce the debt mountain and sort out the economic mess threatens the very survival of
      684 words

  • Wealth
    • WEALTH INVESTING
      • 1737 24 / 25  -  For one thing, the broad return backdrop is likely to remain constrained with not all asset classes doing well WEALTH INSIGHTS Shane Oliver MP Capital Investors ~The writer is head of investment strategy and chief economist, AMP Capital A CRITICAL lesson of the global financial crisis
        Source: Global Financial Data, AMP Capital  -  1,737 words
      • 752 24 / 25  -  Compiled by Joyce Hooi Mapletree Industrial Trust Hold DBS Group Research March 28 Close: $1.405 MAPLETREE Industrial Trust announced an agreement to develop a “built-to-suit” facility for Equinix Singapore, a seven-storey, high specification property located in one-north (land allocated by JTC) which will primarily be used as a
        752 words
      • 1312 28  -  For many US families with wealth, having the children learn how much money is at their disposal causes profound anxiety. By Paul Sullivan By Paul Sullivan NYT STUART Lucas learned about his trust fund the old-fash-ioned way: when he was 18 and went
        NYT; FILE PHOTO  -  1,312 words
      • 1164 29  -  Is it usually the case that the stock market price increase will more than make up for the depreciation of the domestic currency? SHOW ME THE MONEY Teh Hooi Ling hooiling@sph.com.sg Senior Correspondent verse currency. ~The writer is a CFA charterholder WE have
        Compiled by BT with data from Thomson Datastream  -  1,164 words
    • SMART MONEY
      • Article, Illustration
        2512 26 / 27  -  Traded endowment/traded life plans are fairly complex assets with a disparate set of risks for the policyholder and for the investor. By Genevieve Cua By Genevieve Cua gen@sph.com. sg THE process of buying an insurance policy to cover your life or as a form of savings through an
        2,512 words
      • 348 26 / 27  -  By Genevieve Cua THE arena of traded endowment and life policies (TEP/TLPs) remains an unregulated one, even though the instruments have been marketed in Singapore since the early 2000s. In 2003, the Monetary Authority of Singapore sought feedback on the segment and issued a
        348 words
    • WEALTH REAL ESTATE
      • 421 30 InterContinental group will manage 447-room hotel for new owners from the Middle East Bloomberg London INTERCONTINENTAL Hotels Group has agreed to sell its London Park Lane Hotel to Middle Eastern investors for £301.5 million (S$567 million) as it sharpens its focus on managing properties
        Bloomberg; PHOTO: BLOOMBERG  -  421 words
      • 506 30 PROPERTY TRANSACTIONS FOR SELECTED DISTRICTS WITH CONTRACT DATES BETWEEN FEB 27 AND MARCH 5, 2013 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT -IN/LAND AREA*(SQ FT) PRICE (S$'000) PSF (S$) District 2 NON-LANDED Spottiswoode Park Apt 27/02/2013 85 1270 965 760 District 3 NON-LANDED Echelon Apt 28/02/2013
        506 words
      • 386 31 Central bank said to have agreed in principle to soften lending limits after appeal from commercial banks Reuters Abu Dhabi THE Central Bank of the United Arab Emirates has agreed, in principle, to soften plans to introduce limits on mortgage lending for residential
        Reuters  -  386 words
      • 770 31 NYT New York STEVEN A Cohen is known for his rapid-fire trading style, moving in and out of stocks with dizzying speed at his hedge fund SAC Capital Advisors. He seems to be taking a similar approach to his real estate. Mr Cohen
        NYT; PHOTOS: BLOOMBERG  -  770 words

  • Page 26 / 27 Advertisements
    • 26 26 / 27 This column on financial products is sponsored by MoneySENSE, a national financial education programme in Singapore. Find out more about other common financial products at www.moneysense.gov.sg
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  • Page 32 Advertisements
    • 121 32 TO BREAK THE RULES, YOU MUST FIRST MASTER THEM. THE ROYAL OAK REINVENTS ITS HERITAGE AS THE ORIGINAL RULE-BREAKING HAUTE HOROLOGY SPORTS WATCH. THIS ICONIC PIECE CELEBRATES THE PURPOSEFUL ROYAL OAK STRONGBOX ARCHITECTURE, AND THE ARTISANAL FINESSE AND ELEGANCE OF THE ENGINE-TURNED “GRANDE TAPISSERIE” DIAL. THE DARING USE OF STAINLESS
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  • Page 1 Advertisements
    • 64 1 LivingBTTHE BUSINESS TIMES WEEKEND MARCHR 30-31 2013 STYLE Scent of a well-suited man L9 REINVENTING THE MEAL Taking hawker food to a new era L2-5 PERSONAL SPACE The Hole House L12-13 APPAM FROM HEAVENS STALL. PHOTO BY YEN MENG JIIN GADGETS Music to the ears L14 DESIGN Office support L10-11
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  • BT Living
    • DINING
      • 5178 2 / 3  -  After celebrating traditional hawkers in the just ended BT/Knight Frank CEOs’ Hawker Choices 2013, BT Weekend looks at how some enterprising individuals are taking traditional food into a new era By Dylan Tan dylantan@sph.com.sg By Debbie Yong debyong@sph.com.sg By Tay Suan Chiang taysc@sph.com.sg By Sara Yap sarayap@sph.com.sg
        PHOTOS: DYLAN TAN; PHOTOS: JOHN HENG; PHOTOS: YEN MENG JIIN; PHOTO: YEN MENG JIIN; PHOTOS: YEN MENG JIIN, ST FILE; PHOTO: S TAY SUAN CHIANG; PHOTOS: CHEAH UI-HOON  -  5,178 words
      • Article, Illustration
        1513 6 / 7  -  Local restaurant Artichoke has its Overdoughs deli, and Hummerstons recently opened sister bakery Croute a bakery-patisserie extension seems increasingly to be the next step for restaurants that have built up a regular following. Debbie Yong susses out three such offshoots Debbie Yong debyong@sph.com.sg PeraMakan Deli 209 East Coast
        PHOTO: DEBBIE YONG; PHOTOS: DEBBIE YONG; PHOTOS: JOHN HENG; PHOTOS: FILE, MARINA BAY SANDS  -  1,513 words
      • 1108 8  -  elBulli maestro Ferran Adria will construct a culinary theme park of sorts for thinking chefs to push gastronomic boundaries. By Jaime Ee By Jaime Ee jaime@sph.com.sg FERRAN Adria has a vision. He doesn’t quite know how it will all turn out, but it will be
        PHOTOS OF FERRAN ADRIA AND CATALUNYA PRESS CONFERENCE: ARTHUR LEE; PHOTO: JAIME EE  -  1,108 words
    • STYLE
      • 812 9  -  Italian men’s luxury fashion house Ermenegildo Zegna wants to provide the stylish urbane man the total package suit, tie and now its just-launched fragrance Uomo. By Jaime Ee jaime@sph.com.sg SO you already wear a suit that embodies your status as a well-travelled cosmopolitan with a
        812 words
    • DESIGN
      • Article, Illustration
        1446 10 / 11  -  As most of us spend a better part of our lives working in the office, having a desk and chair that provide good ergonomic support is vital for our well-being. By Tay Suan Chiang taysc@sph.com.sg IF your day at the office leaves you with aching shoulders or lower
        1,446 words
    • HOME & GARDEN
      • Article, Illustration
        1083 12 / 13  -  The Phua family’s abode has openings that serve as windows and skylights to let in natural light. By Tay Suan Chiang personal space By Tay Suan Chiang taysc@sph.com.sg HAD the Phua family painted their home a pale shade of yellow, it would resemble a block of Emmental
        PHOTOS: YEN MENG JIIN  -  1,083 words
    • GADGETS
      • 470 14  -  Music lovers who demand only the best sound on the go will pledge high-fidelity to these new headphones. By Christopher Lim By Christopher Lim limchris@sph.com.sg Philips Fidelio X1 $499 PHILIPS has audiophile pedigree but did not make headphones worthy of that heritage until it
        470 words
    • HEALTH
      • 996 15  -  Medical portals take the guesswork out of choosing a family doctor or specialist. By Cheah Ui-Hoon By Cheah Ui-Hoon uihoon@sph.com.sg WE use the Internet for virtually everything else, why not to make bookings for doctors’ appointments? As the e-health business hots up with at least
        PHOTOS: TABADOCTOR.COM, DOC.DOC.COM  -  996 words
    • SPORTS
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