The Business Times, 19 April 2013

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Microfilm: NL32546
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Lock icon Masthead
    25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg SfCl A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MICA (P) 074/08/2012 Friday, April 19, 2013
    25 words
  • Article, Illustration
    Lock icon S’pore’s PC electronics lags in a tablet world
    974 1  -  Electronics sector still tied to PCs when demand is for smartphones and tablets By AMIT ROY CHOUDHURY [SINGAPORE] The consistent decline in Singapore’s electronics exports seems directly linked to the fact that its electronics sector is stuck with the wrong horse. As
    Source: Company data, Semiconductor Industry Association, Credit Suisse estimates  -  974 words
  • MARKETS DIGEST
    • Article
      Lock icon FOREX
      65 1 GST INDEX 3,296.37 (+4.91) GST INDEX FUTURES 3,275.00 (+4.00) GSIMSCI 374.62 (+1.57) GSIMSCI FUTURES 371.70 (+1.50) US$ S$ US$ (S$ per US$) 1.235 (US$/S$ per 1.525 1.884 EURO (US$/S$/€ 1.305 1.612 Foreign currency per US$ S$ YEN 98.00 79.40 RM 3.033 2.456 HK$ 7.763 6.286 BAHT 28.76 23.29 RUPIAH
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    • Article
      Lock icon MARKETS
      48 1 Thursday Change KL COMP 1,706.26 -4.71 NIKKEI 225 13,220.07 -162.82 HANG SENG 21,512.52 -57.15 SET INDEX 1,529.76 +8.23 JAKARTA COMP 5,012.64 +13.99 MANILA COMP 6,857.48 +7.22 SEOUL COMP 1,900.06 -23.78 SHENZHEN B 805.65 +9.15 MUMBAI IND 19,016.46 +285.30 12.00noon EDT Change DOW 14,563.95 -54.64 NASDAQ 3,178.68 -25.99
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    • Article
      Lock icon PRIME RATES
      23 1 SINGAPORE 5.38 MALAYSIA 6.55 HONG KONG 5.00 TAIWAN 13.205 TAIWAN 5.036 JAPAN US KOREA 9 33 BRITAIN INDIA US Source: Bloomberg
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  • Article
    Lock icon F&N to restore free float, remain listed
    546 1  -  Move may impact synergies between ThaiBev and F&N By KENNETH LIM [SINGAPORE] Fraser and Neave (F&N) will seek to restore its free float and remain a listed stock, the property and beverage company announced yesterday. Vehicles for F&N’s major shareholder Charoen Sirivadhanabhakdi are
    546 words
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      87 1 EYE ON MYANMAR Myanmar tourism faces headwinds PAGE 16 PROPERTY Reflect on your study PAGES 34 36 COMMENTARY The perils of cross-border taxation PAGE 27 COMPANIES Keppel Corp’s Q1 profit plunges 52.5% PAGE 6 EXECUTIVE LIFESTYLE Would you give money to these projects? I PAGE 38 Young Malaysians’ kaleidoscapes I
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      23 1 BT PROPERTY CLASSIFIEDS BT’s CATS property feature is now available to BTO subscribers. To subscribe to BT Property Classifieds, email cats8@sph.com.sg PAGES 34-37
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  • TOP STORIES
    • Article
      Lock icon THREE-MINUTE DIGEST
      488 2 S’pore’s PC electronics lags in a tablet world THE consistent decline in Singapore’s electronics exports seems directly linked to the fact that its electronics sector is stuck with the wrong horse. As the world shifts to tablets and smartphones, the Singapore electronics story is still tied to personal
      488 words
    • Article, Illustration
      Lock icon KepLand’s top bid sets new high for housing land
      879 2  -  It bids $1,162.86 psf ppr for 99-year private housing site in Kim Tian Road By KALPANA RASHIWALA [SINGAPORE] A new high has been set for 99-year private housing land offered at a state tender. The $1,162.86 per square foot per plot
      Source: URA, ONEMAP  -  879 words
    • Article, Illustration
      Lock icon China probes man-to-man spread of flu
      587 2 Authorities closely looking at ‘family clusters’: official Reuters [BEIJING] China is investigating the possibility of hu-man-to-human transmission of a new strain of bird flu that has killed 17 people and is examining “family clusters” of people infected with the virus, a top health official
      Reuters; PHOTO: AFP  -  587 words
    • Article, Illustration
      Lock icon Apple slips below US$400 for first time since 2011
      538 2 Washington Post [NEW YORK] Investors showed just how shaky their faith in Apple has become on Wednesday, sending the company’s shares below US$400 for the first time since 2011 amid renewed concerns about declining demand for the company’s products. Apple has
      Washington Post; PHOTO: REUTERS  -  538 words
    • Article, Illustration
      Lock icon Cardiff City scores for Vincent Tan
      538 4  -  Tycoon wants Putrajaya, firms to capitalise on Premier League ascent By in PAULINE NG in Kuala Lumpur NOW that Cardiff City has been promoted to the English Premier League, Malaysian tycoon Vincent Tan has seen a quick return on his investment in the club.
      PHOTO: AP  -  538 words
    • Article, Illustration
      Lock icon Trend GDP growth seen around 2.5%
      525 4  -  Credit Suisse predicts lacklustre 1% productivity growth in medium term By NISHA RAMCHANDANI [SINGAPORE] Singapore’s me-dium-term trend GDP growth has been estimated at around 2.5 per cent nearly half that of the previous decade as the nation grapples with labour constraints and tepid productivity
      Source: CEIC, Credit Suisse estimates  -  525 words
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      43 2 The best pure-play private bank in Asia EFG 0 Bank Asiamoney Private Banking Poll 2012 30 global locations www.efginternational.com *****777 WHY BUY? When You CanLEASE! 09 PORSCHE 911 Red on Black 06 BMW 645CI Black on Black 11 MER SLK200 Grey on Black
      43 words
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      111 3 r x I m m ►f WATCHING THE STARS One of life's sublime pleasures is gazing at the stars on a clear night. ORBIS International and the medical professionals on its Flying Eye Hospital help children all over the world see something even more precious: a brighter future. ORBIS devotes
      111 words
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      440 4 ©YAMAHA I 1 125 YEARS OF PASSION PERFORMANCE Celebrating 125 years of Passion Performance ft Piano Fair 2013 20 21 April 2013 at Yamaha Retail Stores A Leading Choice of Professionals diskl avier DGC1 E3 Length 5’3” Retail Price $38,900 NOW $33,300 For details on fair, gift options performance schedule,
      440 words
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      11 4 CATS Recruit The first door to your world of opportunities CLA/AUG06/g
      11 words
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      247 5 A s BH it. S f m r mm sm j* 5* m iSSia* >• iv'j: sL-pam V c: *S& m h: j icJi ML |Epn j n CENTER Experience a new landmark in the CBD that truly means business SBF Center emerges as a new premier commercial development in
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  • COMPANY NEWS
    • Article
      Lock icon KSH unit gets 157m yuan Beijing construction deal
      351 6  -  Contract awarded by KSH’s associate for mixed property development project By MICHELLE QUAH KSH Holdings Limited’s 50 per cent-owned unit in China, Sino-Singapore Kim Seng Heng (Beijing) Engineering Construction Co Ltd (KSHEC Beijing), has secured a 157 million yuan ($31.4 million) construction
      351 words
    • Article
      Lock icon Keppel Corp Q1 earnings fall 52.5% to $357m
      606 6  -  Previous Q1 had included profit lift from Reflections at Keppel Bay By LYNN KAN IN the absence of an earnings boost seen last year from Reflections at Keppel Bay, Keppel Corporation reported a 52.5 per cent fall in first-quarter net profit to
      606 words
    • Article
      Lock icon CIT’s Q1 DPU rises 5.4% to 1.234 cents
      452 6  -  By MINDY TAN CAMBRIDGE Industrial Trust (CIT) posted an amount distributable to unitholders of $15.1 million for the first quarter, up 8.4 per cent from a year earlier. This translates to distribution per unit (DPU) of 1.234 cents for the three months
      452 words
    • Article
      Lock icon Keppel T&T’s Securus buys data centre
      353 7  -  Almere Data Centre in Amsterdam is its sixth data centre By LEE MEIXIAN SECURUS Data Property Fund, a Syariah-compliant investment fund co-spon-sored by Keppel Telecommunications Transportation (Keppel T&T), has acquired its sixth data centre, the Almere Data Centre, in Amsterdam, the Netherlands. This marks
      353 words
    • Article
      Lock icon Sabana Reit’s Q1 DPU up 6.6%
      350 7  -  DPU at 2.41 cents, distributable income at $15.5m By MINDY TAN SABANA Shari’ah Compliant Industrial Real Estate Investment Trust (Sabana Reit) posted distribution per unit (DPU) of 2.41 cents for the three months ended March, an improvement of 6.6 per cent over the previous
      350 words
    • Article, Illustration
      Lock icon Ezion, JV partner to supply service rig to C America firm
      295 7  -  By LYNN KAN REFLECTING greater deal momentum, Ezion Holdings and a joint-ven-ture (JV) partner will supply their third service rig to a Central American national oil major, believed to be Pemex. The seven-year contract is worth up to US$148.6
      295 words
    • Article
      Lock icon Straits Trading ups WBL stake ahead of deadline
      273 7  -  By CAI HAOXIANG WITH less than a week left until WBL Corporation shareholders decide whether to accept United Engineers’ (UE) $4.15-a-share takeover bid for it, rival Straits Trading Company (STC) has been steadily increasing its existing stake. STC’s wholly-owned subsidiary Malayan Securities
      273 words
    • Article
      Lock icon HIT strike continues as workers reject pay rise
      472 10  -  Offer falls short of demand; one contractor gives notice to close shop By LEE MEIXIAN THE strike by dock workers at Hongkong International Terminals (HIT) has taken its toll on at least one contractor, which announced yesterday its plan to close shop
      472 words
    • Article, Illustration
      Lock icon Cordlife makes Yishun’s A’Posh Bizhub its new home
      337 10  -  By TEO SI JIA THE Cordlife Group has settled in its own facility in A’Posh Bizhub in Yishun, having rented its earlier premises. The company, which preserves and stores stem cells from umbilical cords collected at birth for use in the future,
      337 words
    • Article
      Lock icon Courts plans $500m debt programme
      313 10  -  DBS and HSBC named as joint arrangers By KENNETH LIM COURTS Asia plans to establish a $500 million multicurrency debt issuance programme. The electronics and furniture retailer said yesterday before the market opened that it had appointed DBS Bank and HSBC to be the joint
      313 words
    • COMPANY BRIEFS
      • Article
        Lock icon SGX names new head of securities
        79 10 THE Singapore Exchange has appointed Jenny Chiam as its senior vice-president, head of securities. Formerly head of South-east Asia Equities and CEO of Nomura Securities Singapore, she will take over the post being vacated by Nels Friets. Mr Friets will retire and leave SGX
        79 words
      • Article
        Lock icon Simon Israel joins Fonterra board
        54 10 FONTERRA Co-operative Group has appointed SingTel chairman Simon Israel as a director from May 1 this year. Mr Israel, a former executive director and president of Temasek Holdings, comes on board as current director Ralph Waters steps down with immediate effect after serving six-and-a-half years
        54 words
      • Article
        Lock icon Far East Orchard, Toga Group tie-up
        121 10 FAR East Orchard yesterday unveiled plans for a 50:50 joint venture with Toga Group to form a hospitality management platform in Australia. “The joint venture with Toga Group will allow Far East Orchard to become one of the largest hospitality operators in Australia,” it
        121 words
      • Article
        Lock icon GDS Global IPO 13 times subscribed
        65 10 GDS Global Limited, a specialist provider of commercial and industrial door and shutter solutions in Singapore and South-east Asia, yesterday announced that its initial public offering of 17.5 million shares comprising 12 million new shares and 5.5 million vendor shares has been 13 times
        65 words
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      255 6 ONLINE GURU TRADER Presents FREE TRADE TO WIN WEALTH SEMINA We Pay You If You Don’t Make Money Date: 21 April, Sunday Time: 10.30am 1.00pm Date: 22 April, Monday Time: 7.00pm 9.30pm Date: 23 April, Tuesday Time: 7.00pm 9.30pm Venue: Six Battery Road #20-01 Singapore *****9 (Above Raffles Place MRTExit
      255 words
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      403 7 Indulge in a luxurious getaway with UOB Travel when you fly Singapore Airlines Enjoy these complimentary privileges, exclusively from UOB Travel: Up to 3 nights stay in a luxury hotel A year’s membership to the Club at the Hyatt dining card by Grand Hyatt Singapore Two-way airport transfer in a
      403 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon SingTel gain helps bolster STI
      572 8  -  Index stays positive although the broad market falls; Jubilee Industries shines among penny stocks STOCKS R SIVANITHY Senior Correspondent DESPITE a steep overnight fall on Wall Street and a soft Hong Kong market, the Straits Times Index held up well yesterday, gaining 4.91 points to
      Source: Bloomberg  -  572 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 6 5 4 0 0 0 6 5 4 Manufacturing 36 75 42 5 11 12 41 86 54 Commerce 15 36 15 6 6 3 21 42 18 Tpt/Stor/Comms 17 14 12
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      123 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 23,562 23,562 95,784 95,784 Manufacturing 375,727 236,014 611,741 221,070 19,373 240,443 Commerce 135,888 101,750 237,638 105,020 13,893 118,913 Tpt/Stor/Comms 124,685 15,077 139,762 227,897 5,728 233,625 Finance 96,480 61 96,541 163,069 29 163,097 Construction 111,258 18,440
      123 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      114 8 Stock name Close Change CapMallsAsia 1.980 +0.030 CapitaLand 3.450 CapitaMall 2.280 +0.020 CityDev 10.980 +0.030 ComfortDelGro 1.925 +0.015 DBS Grp 15.650 +0.150 GLP 2.770 Genting SP 1.405 -0.015 Golden Agri 0.525 -0.015 HK Land 7.570 +0.030 HPH Trust US$ 0.820 JMH 64.950 -1.550 JSH 39.350 -0.360
      114 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      72 8 Apr 18 VALUE CLOSE BT OB/OS -496.00 -5.00 BT CADI -*****.00-122.00 BT 10-day MA -*****.00 -50.00 FTSE ST Mid Cap 831.06 -3.67 FTSE ST Small Cap 579.03 -2.89 FTSE ST All Share 815.26 +0.05 FTSE ST China Top 216.20 -0.99 FTSE ST China 246.40 -0.11 FTSE ST
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    • Article
      Lock icon MOST ACTIVE STOCKS
      59 8 VOLUME SingHaiyi 181,212,000 MDR 143,623,000 SunlightGrp 124,024,000 Thai Beverage 94,817,000 Healthway 89,217,000 Innopac 76,102,000 Golden Agri 67,003,000 MDR W*****5 55,973,000 See Hup Seng 42,914,000 WE Hldgs 42,785,000 VALUE($) SingTel 108,870,845 SPH 57,876,260 Thai Beverage 54,464,450 Keppel Corp 47,775,580 Noble Grp 44,279,125 DBS Grp 44,212,650 HPH Trust US$
      59 words
    • Article, Illustration
      Lock icon BROKERS’ TAKE
      963 8  -  Compiled by Kenneth Lim Ezion Holdings April 18 close: S$2.08 DMG Partners Research, April 18 EZION announced that its joint venture (JV) with Kim Seng Holdings has secured a U$148.6-million charter contract from a national oil company (NOC) to provide a service rig in the Bay of Campeche
      Source: Bloomberg  -  963 words
    • Article, Illustration
      Lock icon Yuan retreats from 19-year high after PBOC weakens fixing
      490 8 CURRENCIES Bloomberg Reuters [SINGAPORE] China’s yuan yesterday retreated from a 19-year high after the central bank lowered the daily reference rate by the most since August amid speculation that the currency’s trading band will be expanded. The currency fell the most
      Bloomberg; Reuters; PHOTO: BLOOMBERG  -  490 words
    • Article
      Lock icon RISES
      108 8 BY CENTS CLOSE UP DBXT S&P Short 10US$ 3172 74.1 1.9 GLD 10US$ ***** 66.7 0.4 CIMBASEAN40 100S$D 1411 24.0 1.7 CIMBAsean40 100US$ 1144 22.2 1.6 UOB 5.05%NCPS 100 ***** 18.0 0.2 DBXT MSMSIA 10US$ 1474 16.1 0.9 SIA 200 1078 16.0 1.5 DBS Grp 1565 15.0 1.0 DairyFarm
      108 words
    • Article
      Lock icon FALLS
      128 8 BY CENTS CLOSE DOWN SPDRS S&P 500 10US$ ***** -333.4 -1.7 JMH 6495 -191.4 -2.3 DBXT MSKorea 10US$ 5519 -172.9 -2.5 Hyflux 6% CPS 10 ***** -88.0 -0.8 DBXT Nifty 10US$ ***** -75.3 -0.6 Jardine C&C 5015 -47.0 -0.9 JSH 3935 -44.5 -0.9 Lyxor LatinAmerica 1 724 -37.1 -4.0
      128 words
    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 8 DAILY
      5 words
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      518 9 Only At I COURTS Experience THE LARGEST 85" Ultra High Definition LED TV And The Latest Range Of SMART TV At Courts Megastore Samsung Roadshow! •pt < a Friends Pick What s Hot Friends Photos L BRAT Photos, Videos Music Colored Pencil TheFirstSnow Mr l..f Rainbow P (2 Apps SSI
      518 words
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      486 10 G o u r rrf <? f V'vi^y Proudly Presented by A CELEBRATION OF JAPANESE CULTURE FINE CUISINE 26 APRIL TO 31 MAY 2013 <■ J JCB Cardmembers enjoy 20% discount on all Gastronomic Japan, Taste Japan and Mixology Japan Promotions. Not a )CB Cardmember? Apply for the DOB JCB
      486 words
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      212 11 Heartiest Congratulations TO Offshore bulk Terminal pte ltd ON THE SUCCESSFUL DELIVERY OF THEIR GRAB FLOATING CRANE BARGES avant Garde vanguard 1 a* a n. '•Kf 0=! 1 mm 'ANGUAft v*rr i. AVANT GARnc a 'W r r- »SES?f5s Offshore Bulk Terminal Pte Ltd (OBT) is a provider of offshore
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  • SINGAPORE NEWS
    • Article
      Lock icon Equinix, KVH separately launch new data centre facilities here
      515 12  -  Both see demand for services rising as financial firms seek TVRA-compliant hubs By NG SAI YING GLOBAL data centre firms Equinix and KVH are expanding in Singapore with the launch of new data centre facilities, among the few here that are
      515 words
    • Article, Illustration
      Lock icon Vibrant boating events reflect industry growth
      494 12  -  Exhibitor numbers double at this year’s Yacht Show to 80 By MARIA MALA YOGALINGAM THE Singapore Yacht Show officially opened yesterday in Sentosa Cove with 80 exhibitors, about twice the number of last year’s show. Andy Treadwell, the managing director of Singapore Yacht Events,
      494 words
    • Article
      Lock icon Gen Y too demanding, harder to recruit and retain: survey
      391 12  -  By BENJAMIN AW COMPARED to the Baby Boomers and Generation X, employers find Generation Y those born between 1980 and 2000 the most difficult to recruit and retain. This is according to a survey of 2,100 chief financial officers and
      391 words
    • Article
      Lock icon MAS fines third Wilmar employee for insider trading
      490 12  -  By MICHELLE QUAH A THIRD Wilmar International employee has been fined by the Monetary Authority of Singapore (MAS) for insider trading over Wilmar’s purchase of a 20 per cent stake in Kencana Agri announced in August 2010. MAS issued a statement yesterday
      490 words
    • Article, Illustration
      Lock icon Singapore scientist wins Hugo award for work on Asian cancers
      299 12  -  By AMANDA TAN A SCIENTIST from A*Star’s Genome Institute of Singapore (GIS) has won international recognition for his research in human genetics and genomics. Patrick Tan, 43, whose research homes in on the genomic profiles of Asian cancers, is this
      299 words
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      124 12 A refreshing indulgence Sit back and indulge in a wide range of curated beers, boutique wines and spirits at Atrium, with its dramatic 22-metre long bar and eclectic collection of seating pods over a reflection pool. From 5.00pm to 8.00pm daily, enjoy draft beers on tap, housepour spirits, selected martinis
      124 words
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      193 13 >VV MmM P5 M m y m WA V W i Hii m f 3 BP ISf H fe; A A ife mWvf.i'' R ipi 8 < y i •Mr. iiS| S. i *3 _4«&V •S* SI *r V’ m* KV. KS f vW. Being in your element. The greatest
      193 words
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  • MALAYSIA/INDONESIA
    • Article
      Lock icon Iskandar’s development reshaping Johor economy
      608 14 Malaysia’s smallest economic corridor targets RM383b in investments by 2025 [PETALING JAYA] Politically, the fight to wrest control of Johor is getting more intense by the day as polling day nears, but economically, this southern state scores high for being able to attract investors, both
      608 words
    • Article, Illustration
      Lock icon Indonesia yet to pare tax on Japanese cars, says report
      290 14 Import duty of 20% should have started from January Reuters [BANGALORE] Indonesia has not reduced its import duties on certain Japanese cars as required under a trade agreement between the two countries, the Nikkei said. As per the agreement, Indonesia
      Reuters; PHOTO: REUTERS  -  290 words
    • Article
      Lock icon M’sia train link to cost RM60b
      441 14 [KUALA LUMPUR] The 620km East Coast Rail Route (ECRR) linking Greater Kuala Lumpur and three east coast states in Peninsular Malaysia is expected to cost around RM60 billion (S$24.4 billion). The Business Times in Malaysia, quoting sources, reported that most of the line’s required
      441 words
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      1033 14 Keppel Corporation Limited Co Reg No: *****0351N (Incorporated in the Republic of Singapore) First Quarter 2013 Financial Statement 1. UNAUDITED RESULTS FOR THE FIRST QUARTER ENDED 31 MARCH 2013 The Directors of Keppel Corporation Limited advise the following unaudited results of the Group for the first quarter ended 31 March
      1,033 words
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      39 14 <o 'N a v neW 0 ,vs e<p N®'"" o( e< s N e Q° _*P>. c eSS %e' N X s N x\Q? ,o^ s as#" 1 0 r^ 0 e 10 6\ sC ,le"^ 5 c< sfh
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  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon India’s exports fall 1.8% in 2012/13
      540 15 But third straight rise in March spells relief for current account deficit Reuters [NEW DELHI] India’s exports fell 1.8 per cent in the 2012/13 fiscal year, the trade ministry said yesterday, but they were up for the third straight month in March, offering some
      Reuters; PHOTO: REUTERS  -  540 words
    • Article
      Lock icon China property prices surge again
      590 15 Analysts say local governments watered down curbs Bloomberg [SHANGHAI] China’s property rebound gathered pace in March as new home prices in the southern city of Guangzhou jumped the most in more than two years, underscoring concerns that a bubble may be building. Guangzhou prices rose
      Bloomberg  -  590 words
    • Article
      Lock icon Ta-Xi! China leader takes cabs?
      278 15 Reuters [BEIJING] Chinese President Xi Jinping, who is keen to break from the stiff and aloof style of past leaders, apparently takes random taxi rides in Beijing and gives moderate tips that is, if you believe the story of a local cabby. A report carried
      Reuters  -  278 words
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      83 15 RE-CORKING CLINIC2013 9 th MAY 2013 ST REGIS HOTEL SINGAPORE THE PENFOLDS RE-CORKING CLINICS OFFER THE OWNERS OF PENFOLDS WINES, WHICH ARE 15 YEARS AND OLDER, THE OPPORTUNITY TO HAVE THEM ASSESSED BY THE PENFOLDS WINEMAKING TEAM AND, IF APPROPRIATE, OPENED, TASTED, TOPPED UP AND RE-GAPSULED ON THE SPOT. EVERY
      83 words
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  • SPECIAL FOCUS
    • Article, Illustration
      Lock icon Myanmar tourism faces headwinds
      1331 16  -  The high rates for sub-par hotel rooms in the country could turn visitors away By MARK TAY The writer was on a team of final-year journalism students from the Nanyang Technological University’s Wee Kim Wee School of Communica tion and Informa tion, who visited Myanmar for
      PHOTO: MARK TAY  -  1,331 words
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      527 16 s* *AT3 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices ecoWise ecoworld better world ECOWISE HOLDINGS LIMITED (Registration Number: *****9835C) (Incorporated in the Republic of Singapore) Notice of Extraordinary General Meeting NOTICE IS HEREBY GIVEN THAT an Extraordinary General Mooting of the Company will bo hold at 17 Kallang Junction #04-03
      527 words
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      41 16 tabla! THE HEARTBEAT OF THE INDIAN COMMUNITY MILLION DOLLAR WRITER Amish Tripathi talks about his new book deal and movie based on his first book f Changi Airport woos Indians GET YOUR COPY TODAY FROM ALL 7-ELEVEN OUTLETS WHILE STOCKS LAST
      41 words
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      63 16 The Finder Singapore Download today! IT’S FREE HH www.TheFinder.com.sg frinaer SHOPPING RESTAURANTS DISCOVER SHANGRI-LA IN YUNNAN PROVINCE CHINA JU, suss our KEONG SAIK 'DINING CONCEPTS HAVE YOU MET YOUR PARTNER FOR LIFE? Wff HOME DECOR MAG fs? Find your Om at the Heart Mind Body festival Page 34 12 FREE
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon Japan’s March exports up more than expected
      542 17 Reuters [TOKYO] Japanese exports picked up in March from a year earlier, beating forecasts and offering hope that a weaker yen is starting to support a slow upturn in the export-reliant economy as business confidence continues to improve. Ministry of Finance data showed
      Reuters; PHOTO: BLOOMBERG  -  542 words
    • Article
      Lock icon Park says S Korea needs paradigm shift to a creative economy
      458 17 She praises Psy; worries about growth without jobs AFP AP [SEOUL] South Korean President Park Geun-Hye called yesterday for a “paradigm shift” to a creative economy and hailed “Gangnam Style” star Psy for honouring a copyright on his latest
      AFP; AP  -  458 words
    • Article
      Lock icon UN sees faster Asian growth at 6% this year
      525 17 It says economic targets were often met at the cost of development AFP [BANGKOK] Asia-Pacific growth will edge up this year on the back of a recovery in the US and emerging nations, a UN study said yesterday, but it urged
      AFP  -  525 words
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  • WORLD
    • Article, Illustration
      Lock icon Lagarde may face probe over arbitration
      440 18 Reuters [PARIS] IMF chief Christine Lagarde has been summoned to appear before a French magistrate on May 23 for questioning over an arbitration payment to a wealthy supporter of former President Nicholas Sarkozy, news website Mediapart reported on Wednesday. Ms Lagarde, France’s former finance
      Reuters  -  440 words
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      Lock icon EU set to lift all Myanmar sanctions except on arms
      479 18 Move will allow European companies to invest in the country Reuters [BRUSSELS] The European Union is expected to lift all sanctions on Myanmar next week, except for an arms embargo, in recognition of the “remarkable process of reform” in the
      Reuters; PHOTO: AP  -  479 words
    • Article
      Lock icon Troika taken to task in EU Parliament
      647 18 Handling of Cyprus bailout by IMF, EC, ECB criticised NYT [NEW YORK] Three boos for the troika. That was the sentiment from members of the European Parliament who condemned the three-member team of international taskmasters that has become the symbol of crushing economic
      NYT  -  647 words
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      Lock icon Merkel party defeats bill on board women quota
      706 18 AFP [BERLIN] German Chancellor Angela Merkel’s coalition defeated an election-year opposition bid yesterday to set a quota for female board members in a vote that exposed a party rift and forced her to give ground. The Bundestag, the lower house of parliament,
      AFP  -  706 words
    • Article
      Lock icon Apec warns against currency devaluations
      507 19 Red flag also raised over speculative buying in property, stock markets AFP [SINGAPORE] Asia-Pacific economies must refrain from competitive currency devaluations and are vulnerable to speculative buying in the housing market, the Apec grouping’s research arm said. Massive inflows of funds from industrialised economies into
      AFP  -  507 words
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      Lock icon Gulf spill: Odds against BP as it fights huge fines
      751 19 AFP [CHICAGO] Three years after a deadly explosion on a BP-leased drilling rig unleashed the worst environmental disaster in US history, the British energy giant is fighting to avoid billions in fines. BP’s lawyers are trying to convince a federal
      AFP; AP FILE PHOTO  -  751 words
    • Article
      Lock icon Cold weather hurts British retail sales
      349 19 Reuters [LONDON] Unusually cold weather hurt British retail sales last month, but the fall was small enough to leave the possibility that the economy as a whole avoided shrinking in the first three months of the year. Retail sales volumes slipped 0.7 per cent
      Reuters  -  349 words
    • Article
      Lock icon Chinese bank ICBC tops Forbes Global 2,000 list
      555 20 Singapore highlighted as showing standout overall growth AFP [WASHINGTON] Chinese bank ICBC knocked US oil giant ExxonMobil from its perch as the world’s biggest public company on Wednesday, ranking No 1 for the first time on the Forbes Global 2,000 list. Underscoring
      AFP  -  555 words
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      Lock icon Texas factory blast, up to 15 dead
      388 20 AP [WEST, Texas] A massive explosion at a Texas fertiliser plant killed as many as 15 people and injured more than 160, shaking the ground with the strength of a small earthquake and levelling homes and businesses for blocks in every direction. Rescuers
      AP; PHOTO: REUTERS  -  388 words
    • Article
      Lock icon Unforeseen fall in leading indicators index
      423 20 Figures show US economy hit a rough patch at end of Q1 LATEST US DATA Bloom berg AFP [WASHINGTON] The index of US leading indicators unexpectedly declined last month for the first time in seven months, a sign the world’s largest economy will cool.
      Bloomberg; AFP  -  423 words
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      336 19 PRESENTING IN SINGAPORE, THE FIRST AND ONLY FREEHOLD BESPOKE LOXORY HOTEL SOITES IN KOALA LOMPOR CITY CENTRE FROM SOD 520,000* Ws m THE RUMA HOTEL AND RESIDENCES P KUALA LUMPUR CITY CENTRE MS 9 93 i II” m A w OWN A PIECE OF A BESPOKE LUXURY HOTEL IN THE
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      2236 20 >;ato notices Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices OBE HOLDINGS PTE LTD. (In Members’ Voluntary Liquidation) Company Reg. No. (UEN) *****2728E (Incorporated in the Republic of Singapore) NOTICE IS HEREBY GIVEN pursuant to Section 308(2) of the Companies Act, Cap 50, that the Final General Meeting of the abovenamed Company
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      208 20 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF FRIVEN&CO, INTERNATIONAL PTE. LTD. (IN CREDITORS' VOLUNTARY LIQUIDATION) (Company Registration No,: *****4065E) Notice is hereby given that pursuant to Section 308 o( the Companies Act, Chapter 50, the Final Meeting of the Member and Creditors of
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  • S SPECIAL
    • LUXURY LIVING
      • Article, Illustration
        Lock icon WELCOME TO MY KITCHEN
        879 21  -  Entertaining guests while cooking is possible with open-concept kitchen islands By MIKE LEE WHETHER you love getting hands-on or hiring private chefs for parties, a well-designed kitchen makes cooking so much easier. Increasingly, the trend is having kitchen space that seamlessly connects to living areas. “An
        PHOTOS: DREAM INTERIORS, ERNESTOMEDA  -  879 words
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        Lock icon DINING IN A FINE SPACE
        992 23  -  MINGfi nds out how to create a stunning room that wows your guests LAI YI MING THE focal point of any dining room is always the dining table. The right table should be the precise fit and be E focal point of any dining room
        992 words
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        Lock icon MAKE A DESIGN STATEMENT
        455 25  -  Modern kitchen appliances are sleek and colourful, and these showcase the personality of the users By Cheryl Tay THE role of a kitchen has evolved in modern times instead of a functional kitchen focusing solely on cooking, a kitchen is now the hub of a home.
        Photo: Bertazzoni  -  455 words
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      226 21 Move with ease sleep with comfort TEMPUR MATTRESSES AND PILLOWS S M. For your best night's sleep Feel comfort, feel support, feel TEMPUR® TEMPUR® material is temperature-sensitive, so it is SOFT where you want it and FIRM where you need it™. Whether you prefer a firmer or softer mattress, TEMPUR®
      226 words
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      90 21 L z Where Design Matters s. a NIK V ft I mi View OurWide Range Of Italian Sofa Sets E> Busnclli B®hfeWilem Contemporary Designs m T, s* Tr •'Cl JL Blumun N 5 c. Sheer Elegance Chicago XZQX It's Simply Executive! THE EXECUTIVE HOME STORE XZQTION Tel:6238 8233 XZQT Studio
      90 words
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      40 23 ri. P Kti C m v-x 3 >;55s HI ■H m T LOr V> MS USA fcfe J vv; M is 3-4 SB&* «n TSa SI sa m V l ’V m < ft k k K- m SERTA SLEEP CENTER
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      170 23 Capital Marketing brings in top Italian brand Bertazzoni Bertazzoni, a leading Italian manufacturer of kitchen appliances, has appointed Capital Marketing (S) Pte Ltd as its exclusive distributor. Originating from the culinary and engineering heartland of Emilia-Romagna, Bertazzoni brings you the precise art of cooking through products crafted with passion and
      170 words
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      31 24 Knoll Celebrating 75 years of iconic design Always timeless. Always true. mk S3 7 n a A H Sr. 456 River Valley Road t: 6235 0220 www.dream-int.com e: info@dream-int.com DREAM mHm
      31 words
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      Lock icon Page 24 Advertisements Column 2
      134 24 'Englander:' USA Since 1894 V BETTER SLEEP, BY DESIGN!" '3 i m Why Not Pamper yourself? BRING HOME THE LUXURIOUS COMFORT OF THE ENGLANDER HOTEL COLLECTION TODAY AND ENJOY A 5-STAR SLEEPING EXPERIENCE EVERY NIGHT. With purchase of Englander Hotel Collection mattress, you are entitled to 02 pcs Hotel Soft
      134 words
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      Lock icon Page 25 Advertisements Column 1
      63 25 Tru Living U.S Made Sofa j 1,999 m K'. sss s mmmjm Bassett t Broyhill HOME BRANDS Rffl Sc Plaza singapura 04 17, 68 orchard road, Singapore emestomeda s :«m Hi Barnque design Rodolfo Dordoni HOSPITALITY COMMERCIAL marc+juis h°o RES DENT AL KITCHEN WARDROBE FURNITURE LIGHTING MisuraEmme Mi i t[
      63 words
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      Lock icon Page 25 Advertisements Column 2
      30 25 DA VINCI LUXURY W'i c HOME COLLECTION A private invitation to pamper yourself with luxury living. Visit us and be pleasantly surprised. k’J BCKMI DA VINCI OPEN DAILY 11.00AM 08.00PM
      30 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon They heard the bombs, ignored the guns
      518 26 EDITORIAL THE bomb attack at the Boston Marathon on Monday, which killed three and wounded 170, is a tragic event that has shaken many throughout the world. After all, it was the deadliest single attack on American soil since the attacks of 9/11
      518 words
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      Lock icon In jobless era marriage still makes some economic logic
      811 26  -  THE BOTTOM LINE ROBERT SAMUELSON The Washington Post Writers Group THE discouraging US March employment report, with a job increase of only 88,000, raises questions well beyond the dreary state of today’s labour market. Prolonged high unemployment may be silently shredding
      The Washington Post Writers Group  -  811 words
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      Lock icon India needs a greater philanthropic culture
      981 26  -  Well-entrenched socio-cultural factors are found to inhibit giving among its billionaires By NEETA LAL The author is a New Delhi-based journalist HEY’RE known to splash eye-popping sums at weddings, build vertiginous skyscrapers for “homes” and zip around in private jets, but when it comes
      PHOTO: AFP  -  981 words
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      Lock icon The perils of cross-border taxation
      1374 27  -  Companies should proactively invest in a tax department and seek professional advice from accredited tax specialists By JOANNA WONG The writer is a senior manager at Singapore Institute of Accredited Tax Professionals (SIATP). This is based on a presentation by Goh Bun Hiong, accredited tax
      PHOTO: AFP  -  1,374 words
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      Lock icon Leaders need to reverse eurozone disintegration
      824 27  -  By THOMAS WRIGHT The writer is a fellow in the Managing Global Order project at the Brookings Institution, Washington IHT THROUGHOUT the euro crisis, observers have been asking if the eurozone will disintegrate as if it is a decision that will be made by
      IHT; LUDWIG ILIO  -  824 words
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  • AVIATION/SHIPPING
    • Article, Illustration
      Lock icon Hopes up that Dreamliner may fly again soon
      609 28 Paperwork almost done, sign of FAA on verge of allowing 787s back in service Reuters [NEW YORK] US regulators are close to approving a key document that could start the process of returning Boeing Co’s grounded 787 Dreamliner to service within weeks,
      Reuters  -  609 words
    • Article
      Lock icon TRANSPORT STOCKS
      235 28 SGX '000 April 18 S$ +/-Vol CH Offshore 0.48 0.01 140 Chuan Hup Hldg 0.27 0.01 323 Cosco Corp 0.89 -0.01 1657 s$ Ezra Hldgs 0.99 -0.01 ***** First Ship Lea Freight Links Grand Banks.............0.36 unch 2 Jaya Hold Ltd K1Ventures 0.16 unch 3073 Keppel Corp 11.25 -0.04
      235 words
    • Article
      Lock icon ANA, Yuasa shares surge on good 787 news
      439 28 AFP [TOKYO] Shares in All Nippon Airways (ANA) and bat-tery-maker GS Yuasa surged yesterday after a report that US and Japanese regulators were preparing to give the green light to the resumption of Dreamliner flights. Japan’s Nikkei business daily said aviation safety
      AFP  -  439 words
    • Article, Illustration
      Lock icon Lockheed-built US Navy ship arrives in Singapore
      691 28 Reuters [WASHINGTON] The USS Freedom, the first of a new class of US warships, arrived in Singapore yesterday for an eight-month stay that the ship’s builder, Lockheed Martin Corp hopes will stimulate foreign demand for the fast, agile and stealthy ship. The Littoral
      Reuters; PHOTO: AP  -  691 words
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      Lock icon Carnival to spend US$300m to improve its ships
      545 28 AP [NEW YORK] Carnival Cruise Lines on Wednesday announced a US$300 million programme to add emergency generators, upgrade fire safety and improve engine rooms on all 24 of its ships. The announcement could help the brand begin rebounding from a wave of
      AP; PHOTO: AFP/ US COAST GUARD/ PAUL MCCONNELL  -  545 words
    • Article
      Lock icon Dozens feared dead after boat capsizes in Indonesia
      217 28 AP [JAKARTA] Rescuers battled strong currents and murky water yesterday while searching for dozens of passengers feared dead after a boat capsized during a river crossing in central Indonesia, killing at least one person. There were conflicting reports of the exact number
      AP  -  217 words
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  • Article
    Lock icon SHIPPING TIMES
    2748 29 BALISA SHIPPING TRADING PTE LTD 8 Shenton Way, #40-03A, Singapore *****1 Tel: 6345 5700 Fax: 6345 5227 Email: singapore@balisagp.com UEN NO. *****3249E UK CONTINENT SERVICE U.S.A. SERVICE n GLOBAL SERVICE Destination STXPO TBN Antwerp/UK *Loads Singapore, E./W Malaysia, Indonesia MIDDLE-EAST SERVICE CONVENTIONAL, BREAKBULK PROJECT Destination STXPO TBN Camden/New
    2,748 words
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      144 30 Importers looking for Warehouse Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE WONG AT 9620 1327 the business times Shipping Times r FREIGHT FORWARDER urgently needed by shippers i Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE WONG
      144 words
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      0 30 +)*_;@='${_)+:_{.&?]:,):>()+}|!
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      3246 31 Transaction date: Apr 18 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 7 AEM --AAT C'vr 174 106 AIMSAMPIReit 166cd -7.5 6220 168 165
      3,246 words
    • Article
      Lock icon SGX CATALIST
      215 32 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 Cvr P/E Smil +0.1
      215 words
    • Article
      Lock icon UNIT TRUST & FUNDS
      10710 32 UNIT TRUST FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** Aberdeen Asset Mgt Asia Limited APS Alpha Fund (USD)!** 1.12/ Aberdeen Asset Mgt Asia Limited 0 8196/ Global Emerging Markets!** 1 00?9/ Asian Smaller Cos!” 2.0149/ EM local Ccy Bond 1.0201/ European Opportunities'* 1 1358/
      10,710 words
    • Article
      Lock icon GLOBALQUOTE
      257 32 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil Low 46.5 30 Genting HK US$ US44.5 +0.5 2854 44.5 43.5 44 44.5 2930.1 10.5 3 OGL Resources A$ A3.6 -0.2 58 3.6 3.6 3.3 5.5 0.5
      257 words
    • Article
      Lock icon SGX ETF
      903 32 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil Low 136.8 120.4 CIMB APAC Div 100S$D 135 -1.1 7 135 135 134.7 135.6 111.7 95.8 CIMB APAC Div 100US$ US109.2 109 109.8 11.5 1421 1246
      903 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon SGX DERIVATIVES TRADING
      640 33 Apr 18 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.22 *****.74 *****.85 Jun13 *****.00 *****.00 *****.00 *****.00 *****7 *****0 Sep13 *****.00 *****.00 *****.00 *****.00 218 4102 MSCI TAIWAN INDEX FUTURES SPOT 279.08 280.58 277.78 Apr13 278.90 279.70 276.10 278.50 ***** *****9 May13 278.00
      640 words
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      373 33 In local curr In S$ In US$ dy yr dy yr dy yr Apr 17 Index Change Change Change Change Change Change World Preliminary 1015.4 -1.2 8.2 -1.3 7.3 -1.3 6.1 EAFE Preliminary 845.0 -0.6 9.1 -1.0 5.6 -1.0 4.4 Europe Preliminary 1182.0 -1.6 3.0
      373 words
    • Article
      Lock icon INTERBANK CROSS RATES
      471 33 Apr 18 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.058 6.380 0.791 8.013 55.762 100.309 1.012 11.600 3.131 1.220 101.506 42.529 1.275 9.465 0.961 30.844 29.688 0.677 1.032 Canada 0.945 6.029
      471 words
    • Article
      Lock icon SIBOR
      66 33 Apr 18 (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$) 0.***** 3 mths 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths 0.***** SWAP Mid
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    • Article
      Lock icon PRECIOUS METALS
      137 33 GOLD(US$/oz) Apr 18 Apr 17 Hong Kong 1395.00 1394.00 Apr 17 Apr 16 London 1387.44 1389.74 1389.16 1390.88 Source: Thomson Reuters CAST BAR Apr 18 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 123 55 5gm 350 273 10gm 625 547 20gm 1178
      137 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      92 33 Apr 18 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****H 11-Jul-13 0.24 6-Month BS*****W 18-Oct-13 0.26 1-Year BY*****X 01-Nov-13 0.26 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0S 0.25 01-Feb-13 100.11 100.14 100.14 5-Year N*****0T 2.375
      92 words
    • Article
      Lock icon PALM OIL
      57 33 Apr 18 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position May 13 2258.0 2293.0 2298.0 2249.0 463 4040 Jun 13 2271.0 2304.0 2309.0 2260.0 4295 ***** Jul 13 2279.0 2307.0 2315.0 2265.0 ***** ***** Aug 13 2280.0 2309.0
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      156 33 Apr 18 US$ Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2745 1.2750 1.0321 1.0324 Canadian dollar 1.2044 1.2050 0.9757 0.9753 Euro 1.6118 1.6120 1.3052 1.3053 NZ dollar 1.0445 1.0452 0.8458 0.8463 Sterling pound 1.8833 1.8841 1.5251
      156 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 33 As at 9am Apr 18 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.303 1.241 Can dollar 1.232 1.174 Euro 1.648 1.570 Sterling pound 1.918 1.845 NZ dollar 1.078 1.017 US dollar 1.260 1.200 Local dollars to 100 units of foreign
      121 words
    • Article
      Lock icon INTERBANK RATES
      158 33 Apr 18 $S Offer Bid 0vernight 0.05 0.03 1-month 3/8 1/4 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.03 US$ 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 0.60 0.40 9 months 0.75 0.55 12
      158 words
    • Article
      Lock icon CHICAGO BOT
      108 33 Apr 17 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low May 13 1422.25 1411.50 1429.75 1406.00 Jul 13 1380.00 1375.25 1389.25 1368.00 Aug 13 1331.75 1328.25 1339.50 1321.50 Sep 13 1262.00 1260.25 1268.00 1252.50 SOYBEAN OIL (60,000 lbs; US cent/lb) Close Previous High/Low May 13
      108 words
    • Article
      Lock icon LIFFE
      94 33 Apr 17 COCOA (£/tonne) Close Prev High Low May 13 1545 1534 1556 1534 Jul 13 1543 1533 1556 1532 Sep 13 1548 1540 1561 1538 Dec 13 1550 1543 1560 1539 COFFEE(US$/tonne) Close Prev High Low May 13 2034 2030 2043 2028 Jul 13 2074 2071 2084 2067
      94 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      969 33 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left (’000) Conv Ratio Asiatravel.com HoldingsW*****7 1 1 25 15 Asiatravel.com HoldingsW*****5 1.3 1 27 39 Prem Best World Intl Ltd W*****5 2 1 30 42 11.25 3 GearBiosensors MB eCW*****2 Expiry
      969 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      70 33 CRUDE OIL PRODUCTS Apr 17 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 98.17 -1.14 WTI (Near Mth) 86.85 -1.77 Dubai (1-Mth F) 97.22 -0.24 Tapis blend 103.93 -0.49 Minas 98.03 -0.49 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 90.56 1.12 Jet Kerosene 112.00 -0.14 US$/barrel OpecOil Basket
      70 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      22 33 Apr 18 S$ Bid Offer 1-month 1.2349 1.2350 2-months 1.2348 1.2350 3-months 1.2348 1.2349 6-months 1.2345 1.2347 Source: OCBC
      22 words
    • Article
      Lock icon LONDON METALS
      67 33 Apr 17 Apr 17 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1866.00 1883.25 3 months 1895.00 1914.00 Copper, Grade A(US$/tonne) Cash 7047.50 7266.50 3 months 7080.00 7300.00 Lead(US$/tonne) Cash 1997.75 2041.25 3 months 2022.00 2065.50 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00
      67 words
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  • PROPERTY
    • Article, Illustration
      Lock icon Reflect on your study
      1098 34  -  This area in the home doesn’t have to be boring. In fact, adding a dash of personality to the room might do wonders for your productivity, reportsLISA-ANN LEE reportsLISA-ANN reportsLISA-ANN LEE FLIP open any home interior magazine and you’ll easily find lavish spreads that tell you
      1,098 words
    • Article, Illustration
      Lock icon Boutique hotels now the in thing in Vegas
      1099 36  -  Developers prefer smaller hotels as convention business drops, saysALISON ALISON GREGOR NYT IN the past two decades, Las Vegas has become synonymous with colossal hotels where checking out can take longer than a leisurely lunch. Now a new lodging prototype is coming
      NYT; PHOTO: ISAAC BREKKEN/THE NEW YORK TIMES  -  1,099 words
  • Page 34 Advertisements
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      Lock icon Page 34 Advertisements Column 1
      497 34 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements WATSXgt D04 HOUSE FOR SALE COVE DRIVE Cove Dr. *****/ 8035 sqft. Colonial style design. Can park up to 10 cars. 4 bdrms ensuite. Inground pool. Facing golf course. $33M negotiable D09 HOUSE FOR SALE 61 DALVEY Rare White House Park. GCBA
      497 words
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      Lock icon Page 34 Advertisements Column 2
      93 34 D19 HOUSE FOR SALE VERDANA VILLAS Verdana Villas. Unbelievable Price For sale for rent. 5-bedroom Private pool. Near school. Just TOP! Call now! D20 HOUSE FOR SALE BELGRAVIA VILLAS Freehold Strata Landed. 4 levels home lift 2 car lots. Facilities security. Quality finishing. Register now for viewing! Elsie Cheng 9636
      93 words
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  • Page 35 Advertisements
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      Lock icon Page 35 Advertisements Column 1
      356 35 D04 APARTMENT FOR SALE OCEANFRONT SENTOSA COVE Seafront Resort Living. 3+1. 1711 sqft. $18xx psf. Sea view. Tenanted with Good Return. Serene *****671 D04 APARTMENT FOR SALE OCEANFRONT Sentosa Cove. Skyvilla. Sea view. 5+1 bedrooms. S$8M negotiable. Call Nancy 9818 6969. www.sentosahome.sg D04 APARTMENT FOR SALE OCEANFRONT Sentosa Marina view.
      356 words
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      Lock icon Page 35 Advertisements Column 2
      183 35 D09 APARTMENT FOR SALE URBAN RESORT Developer’s Sales Team. Urban Resort. TOP soon! F’hold. 3bdrm, 2121 sf, $2473 psf. 4bdrm, 2551 sf, $2537 psf. Attractive discounts. Call now! D10 APARTMENT FOR SALE D’LEEDON Discount 10%-15%! Choice units High floor! 1+study 635 sf $1.25M 2-bdrm 1076 sf $1.86M 3+study 1528 sf
      183 words
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      Lock icon Page 35 Advertisements Column 3
      176 35 D13 APARTMENT FOR SALE BARTLEY RIDGE Bartley Ridge! Cheap! Various choice. Mins to MRT. Superb layout, lowest psf! Fr $6xxK (1bdrm). D13 APARTMENT FOR SALE SANT RITZ Price to sell, Sant Ritz, most exciting city fringe development! Future mall, super location. 1, 2, 3 bedrooms, Penthouses/ Unique Row houses D13
      176 words
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      Lock icon Page 35 Advertisements Column 4
      183 35 D17 APARTMENT FOR SALE OCEANFRONT SUITES Ocean Front Suites 946yr. Seafront lifestyle living Mins beach. 1 bdrm. Fr $596K. WM Wong *****123 D18 APARTMENT FOR SALE OCEANFRONT SUITES 946 years. Seaside resort living. 1 min jog to beach. 1 bus stop to Downtown East. 1-bdrm $59XK. Call Now!!! Sunny Ang
      183 words
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      Lock icon Page 35 Advertisements Column 5
      192 35 D27 APARTMENT FOR SALE SELETARIS FH. 3 bdrm 1593 sf. 100% move-in. Northoaks. 3 bdrm, excellent facing. Orchid Park 3 bdrm, reservoir facing. Must view! Hurry call now! D10 HOUSE FOR RENT DUCHESS VICINITY New reno! Bunglw. 5152/5000 sf. 3-sty with pool. 6+1. Master with pte gdn. Dry kitchen with
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      88 36 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements D11 21 HOUSE FOR RENT LORNIE 18 Cluster bungalow with home lift. Fantastic layout. Resort style. 4600sqft. 4+1+1 rms. 2-year lease. 6296 6036/ 9670 0518 D11 21 HOUSE FOR RENT ORIOLE CRESCENT Home Sweet Home! Modern 2-storey bungalow 6ensuite rooms, lush garden,
      88 words
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      74 36 D15 HOUSE FOR RENT 80 MEYER ROAD Cluster bunglw. Built-in 6500 sqft. 2-sty attic basement pool. Available immed. $17.5K. Also for sale. Owner 9863 5635 9727 2996 D15 HOUSE FOR RENT SIGLAP 3-storey Inter Terrace Siglap. 1500 3000 sf. 5+1, near F&B. Starts June. Partial furnished. D19 HOUSE FOR RENT
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      66 36 D19 HOUSE FOR RENT VERDANA VILLAS Serangoon Garden Cluster Semi-d. 5 rms. Private pool/ lift. Near Chomp Chomp/ NEX. Immediate. *****749 Samuel ERA D25 HOUSES FOR RENT ASHWOOD GROVE Near S’pore American Sch/ all amenities. Can Co-broke Immediate. Ema 9851 8535 D03 APARTMENT FOR RENT RIVER PLACE River Place 4+1
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      77 36 D03 APARTMENT FOR RENT RIVER PLACE River Place, 4 rm, 2766 sqft. Duplex Penthouse. River view. Mins walk to Raffles Place, Boat Quay, Clarke Quay, $15K. Owner 9730 3288 D04 APARTMENT FOR RENT MARINA COLLECTION Penthouse Marina Collection with private pool. Tenant’s privileged to One 15 Marina Club. Attractive rental.
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      81 36 D09 APARTMENT FOR RENT PATERSON SUITES Don’t Miss! 1679 sqft. 3+1. Unblocked view to Orchard, ION. Designer decor. Windy. 5 mins to MRT. Only $7.9K. Jo 9337 0719 D09 APARTMENT FOR RENT Marilyn Gor 9793 1412 RESIDENCE 8 Residence 8 Orchard (cluster) 3+1+1, 3100 sf. The Colonnade, duplex, 2-4 bdrm
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      289 37 D15 APARTMENT FOR RENT HAWAII TOWER Meyer Road, Hawaii Tower pent house 4+1 grand sea view. Excellent condition, f/furn, 2 level. $7.5K 4500sf. Kayal 6336 6050 D15 APARTMENT FOR RENT KATONG PARK TOWER Expat Choice! 5+1, Swimming Pool 3-Storey. Near Canadian School. Full condo facilities. Renovated. Available Immediate. Champa 9100
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      196 37 D03 FACTORY FOR SALE APEX Freehold. Apex Henderson. Ramp up Warehouse/ Office #04, $900 psf, #06 corner $860 psf. Serious sellers! D09 SHOP FOR SALE CONCORDE SHOPPING MALL Concorde Shopping Mall. Prime Orchard facing. Leasehold. 2400 sqft. Suits F&B, retail, all trades. MRT. Paul Lim *****900 ERA D09 SHOP FOR
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      342 37 D22 FACTORY FOR SALE j TUAS JTC stand-alone fty for sale. $13M. Land 44K sf/ built 20K sf. 41 yrs remain. Near future MRT. Call now D22 FACTORY FOR SALE TUAS VICINITY (B2) Factory for Sale. Land approx ***** sqft, Balance 33 years. Newly renovated office. High electrical. Please call
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      232 37 D14 FACTORY FOR RENT PAYA LEBAR 9,000/ 19,000 sqft per floor. 15kn high power. Ceiling Height: 5 or 6m. Minutes walk to MRT good location. Dominic 9825 2101 Savills D19 SHOP FOR RENT UPPER PAYA LEBAR ROAD Full road facing frontage. 396 Upper Paya Lebar. 930 sqft. Fully renovated ensuite
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      195 37 FOREIGN PROPERTY FOR SALE ASTAKA IN MALAYSIA Astaka Iconic 62 68-Storey Towers. 1 min from CIQ. Freehold. Viewing by Appt Kash 9183 8484 www.astaka-iskandar.com FOREIGN PROPERTY FOR SALE ASTAKA IN MALAYSIA Freehold Iconic Twins Tower. Breathtaking seaview. Upshopping mall/ hotel /office. From $9xx psf. FOREIGN PROPERTY FOR SALE APARTMENT IN
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  • executive lifestyle
    • Article, Illustration
      Lock icon Would you give money to these projects?
      2150 38  -  Crowdfunding sites, both local and international, are increasingly helping the public click with start-ups with good ideas, but old-fashioned hard work still applies, reports CHEAH UI-HOON CHEAH UI-HOON HAVE a great idea but don’t have the money? Post it on the Internet, on
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  • CINEMA/MUSIC
    • Article, Illustration
      Lock icon A-listers in a B-movie
      583 39  -  Broken City’s misplaced gravitas is all fizzle instead of sizzle, reviewsGEOFFREY GEOFFREY EU A JUICY sex scandal. A bitter election battle. The whiff of corruption along the corridors of power. Stories ripped from the pages of The Straits Times? Well no, not quite but you could
      PHOTO: BLOOMBERG  -  583 words
    • Article, Illustration
      Lock icon Arduous trek scaling musical heights
      689 39  -  By SARA YAP EVERY teenager goes through a rebellious phase, but local pianist Wang Congyu took this to a whole new level when he ran away from home and flew to Paris to enrol in a prestigious music school. All without speaking a word of
      PHOTO: STEINWAY GALLERY SINGAPORE  -  689 words
    • Article, Illustration
      Lock icon Epiphany points to ivories
      703 39  -  By SARA YAP FROM his concert debut in Seoul at the age of 13, to his move to New York where he graduated with a master’s degree from the prestigious Juilliard School in his late 20s, Kore-an-American pianist Kim Jinho was never sure that music was
      FILE PHOTO  -  703 words
    • Article, Illustration
      Lock icon Noir nail-biter
      490 39  -  By GEOFFREY EU DEVOTEES of director Johnnie To’s fast-paced, action-packed gangster movies Election, Election 2, Vengeance will be pleased to know that a change of venue has done nothing to restrain his high-ener-gy visual style, tone down the violence or hamper the film’s entertainment value. Moving the setting
      PHOTO: SHAW  -  490 words
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  • MUSIC/GAMING
    • Article, Illustration
      Lock icon Burdon, Clapton flirt with blues
      512 40  -  Eric Burdon’s 10th solo album is rooted in the blues but Eric Clapton, however, is losing the plot, writesCHRISTOPHER LIM writesCHRISTOPHER writesCHRISTOPHER LIM ‘Til Your River Runs Dry Eric Burdon ABKCO Rating: B ERIC who, the average Joe, might ask. Clapton? No, Burdon. It’s not
      PHOTOS: AFP, FILE  -  512 words
    • Article, Illustration
      Lock icon Bugs hobble SimCity outing
      531 40  -  GAMING REVIEW By LEE KIM SIANG WHAT should have been the triumphant return of a classic and much-loved series of games has instead turned into one of the most disastrous launches in the history of gaming. We’ve all heard by now how Electronic Arts’ (EA) servers
      PHOTOS: ELECTRONIC ARTS  -  531 words
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      140 40 ommattanA new f/teoe m/ts /awe ae/iiemeel eio rjbo rate exce/Ie/iee Individuals and companies that have shown exemplary standards in corporate governance, set new benchmarks in corporate disclosure standards, and adhered to a commendable policy of transparency, deserve a place among the stellar performers at the Singapore Corporate Awards 2013. Please
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  • ARTS
    • Article, Illustration
      Lock icon War movies and Othello
      1110 41  -  Fort Canning Park will be turned into a war zone for the staging of Shakespeare’s masterpiece about sexual jealousy, reports HELM I YUSOF reports HELMI YUSOF APOCALYPSE Now (1979). Jarhead (2005). The Hurt Locker (2008). Buffalo Soldiers (2001). All these great Hollywood war movies also happen
      PHOTOS: SRT, FILE  -  1,110 words
    • Article, Illustration
      Lock icon Aware of awareness
      386 41  -  By HELMI YUSOF WHAT makes your day? And can every day be experienced differently from the day before? Is it possible to escape the so-called routine of day-to-day living? Experimental theatre company The Finger Players has never shied away from answering such metaphysical questions and in the
      PHOTO: FINGER PLAYERS  -  386 words
    • Article, Illustration
      Lock icon Wilde over gender-bending reboot
      645 41  -  By HELMI YUSOF AT the start of Oscar Wilde’s effervescent comedy The Importance of Being Earnest, upper-class rascal Algernon is playing the piano very badly so badly that even his butler chides him. Algernon, however, replies cheerfully: “I don’t play accurately anyone can play accurately... I
      PHOTO: WILD RICE  -  645 words
    • Article, Illustration
      Lock icon Pop-up parodies prove a draw
      437 42  -  By SARA YAP A KOPITIAM re-enactment of Leonardo da Vinci’s The Last Supper. The Roman goddess Venus standing on a suitcase with the Marina Bay Sands casino in the background. A chilli crab perched atop a telephone set. These are some of the wacky art
      PHOTOS: EUGENE SOH  -  437 words
    • Article, Illustration
      Lock icon Young Malaysians’ kaleidoscapes
      778 42  -  Three artists showcase urban life at an exhibition here through variegated canvases, writesHELMI HELMI YUSOF YOUNG artist Khairul Izham grew up in the sleepy town of Maran, Pahang, where the population is a little over 100,000. He remembers waking up happily to the cock’s crow, going hunting
      PHOTOS: TAKSU GALLERIES  -  778 words
    • Article, Illustration
      Lock icon Farewell party for a house
      644 42  -  By SARA YAP WHY go out with a whimper when you can exit with a bang? In less than a year, a 77-year-old bungalow at 13 Wilkie Terrace will be demolished to make way for new condominium developments by Roxy-Pacific Holdings. Rather than mourning the
      PHOTO: YEN PHANG  -  644 words
    • Around Town
      • Article, Illustration
        Lock icon Photography
        189 42 Still Life Organica: Local artist Barry Cha Cha’s exhibition features installations and photographs such as Leaf Unfurling (2011) and Pathway (2010)) that combine synthetic elements with nature motifs. Limited edition prints of the photos will be on sale at $1,200 (framed) and $980 (unframed). It is at Art Forum
        PHOTO: BARRY CHA CHA  -  189 words
      • Article
        Lock icon Theatre
        110 42 Caffé B presents After the Event:Check out this comedy written by British writer Chris Fitzsimmons and performed by an expatriate cast. The play seeks to explore themes of love, loss and identity. Audience members who present their ticket stub at Caffé B bar at Marina Bay Sands within a
        110 words
      • Article
        Lock icon Music
        92 42 Coheed and Cambria feat. Circa Survive: New York progressive-rock band Coheed and Cambria is back in Singapore again, and will play tracks from their recently released two-part album The Afterman. They will be joined by alternative rock band Circa Survive. The latter is touring in support of its most
        92 words
      • Article, Illustration
        Lock icon Food
        107 42 Administrative Professionals’ Week: in celebration of Administrative Professionals’ Week, buffet restaurant Carousel will include in its spread a special range of dishes such as stir-fried crispy duck confit and wok-fried crab (right) in homemade Bibimbap sauce. Customers stand to win fra- grances from Chloe Parfums and a grand prize
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      • Article
        Lock icon Wedding
        87 42  -  Compiled by SARA YAP Marina Bay Sands’ Weddings on the Bay showcase: Planning to tie the knot? Get some ideas for your dream wedding at Marina Bay Sands’ showcase. Apart from special wedding offers and deals, there will be a lucky draw where winners stand to win prizes like
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      88 41 STAMFORD CELLARS THE ULTIMATE WINE CELLARAGE Located in Asia’s only ultra-high security freeport dedicated to the storage of fine art and high value collectibles, Stamford Cellars at The Singapore Freeport is committed to absolute standards and highest level of confidentiality. Stamford Cellars the ultimate wine cellarage for wine collectors. For
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  • Page 42 Miscellaneous
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      330 42 CRYPTIC CROSSWORD Across 1 Dessert wine delayed rumbling (10) 6 Check rolls should be turned over (4) 9 Lack of progress upset antagonist (10) 10 Turkish empire rejects man such as Bismarck (4) 12 Spare object that’s incomplete (4) 13 What managing directors do in panel for the rest (9)
      330 words
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  • WINE
    • Article, Illustration
      Lock icon Forces of nature that brew in a bottle
      990 43  -  Gerard Chave’s Hermitage and Cuvee Ste Catherine Riesling are reminders that some vintages are just beyond words, writes NK YONG writesNK writesNK YONG SOME 20 years ago on my second visit to Piedmont, I made it a special point to visit a
      PHOTOS: BLOOMBERG, NK YONG  -  990 words
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      483 43 Harvev Norman COFFEE COOKING CONCEPT STORE t 2/ A Vj > m Bakeware Set (K* 6 Eniov1-month waiver on these Credit Cards’ Interest Free Instalment Terms conditions apply, 8JP citibank hsbc <z> Receive a Prestige 4-Piece Bakeware Set worth $89 with purchase of any advertised Package. UOB CARDS BOSCH invented
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      153 44 'W A Samsonite i avel Lifestyle Busin m >;• M 1 FA cs >9 St A 4 > K Jc\ is V 4 X X A is k W •iK #JSI X iN V X \V is ,v5 m km s > k 0 is O w 5^ s 4"^
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