The Business Times, 29 May 2015

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Microfilm: NL33486
Total Pages: 36
1 36 The Business Times
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  • Title Section
    Lock icon Masthead
    35 1 THE BUSINESS TIMES 2015 SOCIETY OF NEWS DESIGN EXCELLENCE AWARD BEST IN OVERALL REDESIGN S$1.00 q:h A SINGAPORE PRESS HOLDINGS PUBLICATION wvvw.businesstimes.com.sg [1 D @BTBreakingnews CO REGN NO ’l*****868E MCI (P) 051/08/2014 Friday, May 29,2015
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  • Article, Illustration
    Lock icon DAILY DIGEST
    270 1 The hiking of US interest rates poses risks to Emerging Asia’s consumers and corporates, but the region’s banks should be able to weather it, says MAS. TOP STORIES 2 Dukang Distillers was slapped with a “trade with caution” notice by the SGX, following a spectacular surge in its
    270 words
  • Article, Illustration
    Lock icon New lawyers find it tougher as glut looms
    867 1  -  Some firms are cutting starting pay, taking fewer trainees and reducing hiring By Claire Huang huangjy@sph.com.sg @ClaireHuangBT Singapore THEY were once eagerly courted, but those days might be over for freshly minted lawyers. The trials of market forces and a slowing economy
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  • Article
    Lock icon MARKETS
    28 1 MARKETS Thursday Change STI 3,417.77 -7.17 KL COMP 1,755.56 +0.51 NIKKEI 225 20,551.46 +78.88 HANG SENG 27,454.31 -626.90 SHENZHEN B 1,507.66 -57.10 DOW (11:45am EDT) 18,113.84 -49.15
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  • Article
    Lock icon 10 financial advisory firms may have breached anti-competition law
    686 1  -  By Claire Huang huangjy@sph.com.sg @ClaireHuangBT Singapore TEN prominent financial advisory (FA) firms have been provisionally found by the Competition Commission of Singapore (CCS) to have made an anti-competitive agreement against one of their own two years ago. In the first such
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      29 1 8 "*****1 *****4 BANKING OCBC makes leap, by coaxing baby steps TOP STORIES 4 OLD TIES, NEW ROLES Clan associations bid to stay relevant in today’s society LIFESTYLE 31
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      26 1 COMMENTARY YuuZoo’s latest disclosure opens a Pandora’s box for SGX COMPANIES MARKETS 5 CORPORATE RESULTS Metro reports near 83% drop in Q4 profit companies markets 6
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      43 1 RUNNING OUT OF STEAM Buzz around strata office sales fizzling out? REAL ESTATE 25 FIFA SCANDAL Sponsors start leaning on football governing body/ 3 Call for reforms in Fifa gains momentum /24 The leader who made a career out of dodging scandals 24
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  • TOP STORIES
    • Article, Illustration
      Lock icon US rate hikes pose risks to emerging Asia but banks generally sound: MAS
      734 2  -  Longer-term outlook for Asia remains sanguine; rapid expansion of its middle class and regionalisation of Asian corporates will benefit banks By Siow Li Sen lisen@sph.com.sg @SiowLiSenBT Singapore THE hiking of interest rates in the US poses risks
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    • Article
      Lock icon International creditors knock Greek optimism of reaching debt accord as unfounded
      549 2 BLOOMBERG Athens GREECE once again expressed optimism that the country will reach a deal with creditors in the coming days, only to have that confidence knocked down by internal officials as unfounded. The most recent vow that an accord
      BLOOMBERG  -  549 words
    • Article, Illustration
      Lock icon Sponsors start leaning on football governing body
      1238 3 Consumers also threaten to boycott brands associated with Fifa FIFA SCANDAL REUTERS BLOOMBERG New York VISA Inc has told Fifa that it could end its sponsorship if soccer’s governing body does not act fast to restore the reputation of the game after senior
      REUTERS; BLOOMBERG; ILLUSTRATION: LUDWIG ILIO  -  1,238 words
    • Article, Illustration
      Lock icon OCBC makes leap, by coaxing baby steps
      965 4  -  OCBC wants to be the primary bank of customers, and have a full view of their needs from cradle to grave By Jamie Lee leejamie@sph.com.sg @JamieLeeBT Singapore OCBC has thrown down the gauntlet in the consumer banking space, and is fighting for greater
      965 words
    • Article
      Lock icon MOF calls for more private financing for infrastructure
      405 4  -  More has to be done to develop infrastructure as an asset class to provide more sustainable funding, says ministry By Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore A high-level Ministry of Finance (MOF) official has called for the closing of the financing gap for
      405 words
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      190 2 PROUDLY PRESENTED BY CANAAN MORE THAN JUST A PROMISE f J V rr M V T* f f PROMISE JAZZ ON STRINGS 11 12 AUG 2015. TUE& WED. 7.30PM ESPLANADE RECITAL STUDIO PROMISE Jazz on Strings is a celebration of life, a heart-warming journey that captures life's bittersweet moments and
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      53 2 GRAND OPENING 5 U SATURDAY, 30 PARAGON |i .,#02-29/30 ssr zM At. m p 4 as I m m i! i rrf I# 3F ;V> :y. i J A: rr ;!■>••■■•• I l U V r‘ f il. i rz^£gg i W V-i I t' mm w; 1 i r-7
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      64 3 BMW Premium Selection Certified pre-owned ppsl-bmw.sg u Sheer Driving Pleasure WHO. WHERE. WHAT. WOW. CERTIFIED PRE-OWNED BY BMW PREMIUM SELECTION. Management Car 30 May (Sat) to 1 Jun (Mon) 2015 Exclusively at East Coast Centre Showroom, 280 Kampong Arang Road S*****0. Visit ppsl-bmw.sg/sale to preview the range of cars Performance
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      21 3 Call for reforms in Fifa gains momentum, Page 24 The leader who made a career out of dodging scandals, Page 24
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      774 4 cfFi CONSOLIDATED BALANCE SHEET CITIGROUP INC. AND SUBSIDIARIES CONSOLIDATED STATEMENT OF INCOME CITIGROUP INC. AND SUBSIDIARIES DECEMBER 31, In millions of US Dollars 2014 2013 Stockholders' equity Preferred stock C$1.00 par value; authorized shares: 30 million), issued shares: 418,720 as of December 31, 2014 and 269,520 as of December 31,
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  • COMPANIES & MARKETS
    • Article
      Lock icon YuuZoo’s latest disclosure opens a Pandora’s box for SGX
      702 5  -  Are companies allowed to post positive research reports whether paid or independent about themselves on the SGX website? COMMENTARY BY R SIVANITHY sivan@sph.com.sg @RSivanithyBT MAYBE it's only me, but I'm not comfortable with e-payments firm YuuZoo posting a positive research report
      702 words
    • Article, Illustration
      Lock icon Dukang Distillers slapped with ‘trade with caution’ after price surge
      378 5  -  Stock falls as much as 6.8% on Thursday after a 20.9% rise the day before HOT STOCK By Chan Yi Wen yiwenc@sph.com.sg @ChanYiWenBT Singapore BELEAGUERED Chinese spirits producer Dukang Distillers Holdings is experiencing a hangover after a tipsy rise in
      Source: Bloomberg  -  378 words
    • Article
      Lock icon Neo Group posts 14-month earnings of S$7.4m
      396 5  -  By Prisca Ang prisang@sph.com.sg Singapore FOOD and beverage caterer Neo Group’s net profit for the 14 months ended March 31, 2015, climbed 15.7 per cent to S$7.4 million. This came on the back of revenue rising 47.8 per cent to S$77.4 million, largely
      396 words
    • Article
      Lock icon Keppel DC Reit acquiring Sydney data centre for A$43.3m
      384 5  -  By Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore KEPPEL DC Reit has entered into an agreement to buy the shell and core building of Intellicentre 2 (IC2) in Sydney from Macquarie Telecom for about A$43.3 million (S$45.9 million). This is the Reit’s first
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    • Article
      Lock icon Lower fair-value gains from units dent Metro’s Q4 profit
      649 6  -  Gross earnings fall despite higher revenue; group books S$8.8m writedown of costs for Metro Centrepoint By Nisha Ramchandani nishar@sph.com.sg @Nisha_BT Singapore LOWER fair-value gains on investment properties of associates and joint ventures coupled with lower gross profit and an impairment pulled
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    • Article, Illustration
      Lock icon SIA rolls out special livery for SG50
      127 6 SINGAPORE Airlines (SIA) is decking out two of its double-decker Airbus A380s with a special livery featuring a Singapore flag-themed design to celebrate the nation’s Golden Jubilee. The 10m-tall and 47m-long design will be on both sides of the fuselage, and the A380’s
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    • CORPORATE DIGEST
      • Article
        Lock icon Monetary Authority of Singapore
        121 6 DEPUTY Prime Minister and Minister for Finance Tharman Shanmugaratnam has been reappointed as chairman of the Monetary Authority of Singapore (MAS) board of directors for a further term of three years, with effect from June 1. The de facto central bank on Thursday added that Ravi
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      • Article
        Lock icon A-Reit
        73 6 ASCENDAS Real Estate Investment Trust (A-Reit) is divesting its 17-year-old BBR Building at Changi for S$13.9 million more than double the original purchase price of S$6.8 million in 2005. A-Reit’s manager, Ascendas Funds Management, on Thursday announced that HSBC Institutional Trust Services (in its capacity as trustee of A-Reit)
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      • Article
        Lock icon TTJ Holdings
        39 6 TTJ Holdings has secured new contracts worth S$35 million in total for projects on Jurong Island and civil defence doors for the Thomson Line. This brings the structural steel group’s order book to S$113 million to date.
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      • Article
        Lock icon King Wan Corporation
        71 6 KING Wan Corporation has secured two new mechanical and electrical (M&E) projects in Singapore, worth a total of S$20.7 million. The first has to do with the supply and installation of M&E works for a six-storey light industrial factory at Yishun Industrial Park. The second comprises sanitary,
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      • Article
        Lock icon Boustead Projects
        32 6 FOLLOWING its recent listing on the Singapore Exchange main board, Boustead Projects has clinched another project this time a S$13 million design-and-build contract for a baking facility in Boon Lay.
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      • Article
        Lock icon Global Logistics Properties
        74 6 GLOBAL Logistics Properties (GLP) is reducing its stake in the US$8 billion GLP US Income Partners I portfolio, from 55 per cent to 10 per cent. GLP will remain the sole asset manager. The 45 per cent stake is to be syndicated to three leading global institutional
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    • Article
      Lock icon Maybank Q1 profit up 6.3%
      155 6 REUTERS Kuala Lumpur MALAYAN Banking Bhd (Maybank), Malaysia’s No 1 lender by assets, posted a 6.3 per cent rise in quarterly profit on higher fee income and robust loans growth but gave a cautious outlook due to the launch of a new consumer tax. Net
      REUTERS  -  155 words
    • Article
      Lock icon Old Chang Kee profit slips; Tung Lok back in the black
      434 7  -  Currypuff seller cites higher staff, rental costs; restaurant operator warns of challenging operating environment By Kelly Tay kellytay@sph.com.sg @KellyTayBT Singapore TWO Singapore food stalwarts, Old Chang Kee and Tung Lok Restaurants, reported their earnings for FY2015 on Thursday with
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    • CHINA STOCKS
      • Article
        Lock icon PBOC draining banks’ cash via repos: sources
        406 7 REUTERS Shanghai CHINA’S central bank has drained money from cash-flush financial institutions by selling them bond repurchase agreements behind closed doors, sources with direct knowledge said, signalling policymakers’ discomfort with excess liquidity in the financial system. It is an unusual step, and was
        REUTERS  -  406 words
      • Article
        Lock icon Best way to cash in on China’s stock rally: Do nothing
        768 7 BLOOMBERG New York THE best way to make money in China’s booming stock market has been, well, to do nothing. Simply buying and holding would have captured the 142 per cent return in the Shanghai Composite Index over the
        BLOOMBERG  -  768 words
    • Article, Illustration
      Lock icon Stocks weaken in line with China, HK sell-off
      751 8  -  Thursday’s 7.17 points loss cuts STI’s gain for 2015 to 52 points; all three local banks end weaker STOCKS By R Sivanithy sivan@sph.com.sg @RSivanithyBT THE Singapore market’s recent dismal form continued on Thursday with the Straits Times Index (STI) spending the entire
      Source: Bloomberg  -  751 words
    • Article
      Lock icon STI STOCKS
      307 8 Stock name Close Change Day high/low 52w high 52w low PE Div yield Mcap Ascendas Reit 249 +1 250/244 271 219 5.9 6296.6 CapitaLand 352 -4 358/351 379 293 12.9 2.6 *****.7 CapitaMall Trust 221 -1 222/215 228 188.5 4.9 7668 CityDev 1041 +6 1046/1039 1095 915 12.5
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    • Article
      Lock icon MOST ACTIVE
      38 8 VOLUME OLS Enterprise 184,738,800 StratechGroup 124,666,900 China New Town 104,296,300 Jiutian Chemical 65,166,300 OLS W*****5 61,824,600 Market volume 2,161,028,000 VALUE Singtel 128,258,452 DBS Grp 72,884,944 UOB 46,399,842 OCBC Bank 39,000,520 JMH USD 38,002,216 Market value 1,130,573,000
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    • Article
      Lock icon OTHER SINGAPORE INDICES
      77 8 May 28 VALUE CLOSE BT OB/OS -155.00 -44.00 BT CADI -*****.00 -50.00 BT 10-day MA -*****.00 -15.00 FTSE ST Mid Cap 783.32 -2.17 FTSE ST Small Cap 499.02 -0.60 FTSE ST All Share 821.46 -1.77 FTSE ST China Top 215.91 -1.02 FTSE ST China 255.46 +0.10 FTSE
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    • Article
      Lock icon SGX ETFS
      108 8 Most Active Fund Last sale +/-(‘000) Day high/low 52w high/low Buy/Sell Mcap UETF SSE50China 308 -11 550 320/299 325/140 303/308 96.3 STI ETF 346 -1 319 347/345 355/319 345/346 IS MS India US$ US738 -3 78 744/731 1000/696 735/738 92.3 DBXT MSCHINA US$ US1648 -58 78 1716/1648 1750/1212
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      Lock icon STI / FTSE ST All-Share
      35 8 STI FTSE ST All-Share ftse ST All-Share index May 28,2015 821.46 -1.77 (-0.22%) Current streak 3 days Day high 824.15 Day low 820.28 52-week high 847.98 (Apr 15, 2015) 52-week low 762.71 (Oct 16, 2014)
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      Lock icon STI / MSCI EAFE
      33 8 STI MSCI EAFE MSCI EAFE Index May 27,2015 1,915.70 +9.26 (+0.49%) Current streak 1 day Day high 1,918.69 Day low 1,900.83 52-week high 1,995.49 (July 3, 2014) 52-week low 1,697.01 (Jan 7, 2015)
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    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 2 8 5 0 0 0 2 8 5 Manufacturing 50 60 30 6 8 15 56 68 45 Commerce 14 24 13 3 6 4 17 30 17 Tpt/Stor/Comms 15 17 9
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      121 8 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 17,060 17,060 50,198 50,198 Manufacturing 338,318 111,988 450,306 130,617 5,429 136,047 Commerce 74,601 62,001 136,602 80,489 2,846 83,335 Tpt/Stor/Comms 155,794 405 156,199 229,308 32 229,340 Finance 21,091 273 21,364 179,164 49 179,213 Construction 39,258 9,041
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    • Article
      Lock icon GAINERS
      77 8 BY CENTS CLOSE UP 52w high/low JMH USD 6272 97.1 1.2 6788/5700 DBXT S&P500 US$ 3600 27.0 0.6 3626/3097 IS ASIA HYG S$D 1470 25.0 1.7 1477/1343 DBXT MSPacXJp US$ 522 21.6 3.2 571/503 DBXT Vietnam US$ 2452 20.2 0.6 3100/2250 BY PERCENTAGE CLOSE UP 52w high/low OLS W*****5
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    • Article
      Lock icon LOSERS
      73 8 BY CENTS CLOSE DOWN 52w high/low DBXT iBoxxUSTr US$ ***** -339.7 -1.2 *****/***** DBXT China50 US$ 3979 -195.5 -3.5 4258/2800 DBXT ASX200 US$ 3757 -128.1 -2.5 4403/3530 DBXT CSI300 US$ 1333 -121.3 -6.3 1430/623 Lyxor ChinaH US$ 1923 -113.2 -4.2 2055/1280 BY PERCENTAGE CLOSE DOWN 52w high/low CN*****MBeCW15 4.6
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    • Article
      Lock icon UNUSUAL ACTIVITY
      82 8 VOL CLOSE($) CHANGE China Env Res 614.8 0.100 +0.049 +96.08 OLS 184,738.8 0.011 +0.004 +57.14 Debao Property 16,572.1 0.037 +0.009 +32.14 Pharmesis Intl 192.0 0.040 +0.007 +21.21 Fu Yu 56,292.5 0.195 +0.020 +11.43 Koda 203.0 0.085 +0.004 +4.94 Achieva 3,830.5 0.064 +0.008 +14.29 Avi-Tech 6,421.2 0.122 +0.009 +7.97
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    • Article
      Lock icon BROKERS’ TAKE
      448 8  -  Compiled by Chan Yi Wen Biosensors Int’l Group Sell May 28 close: S$0.79 Fair value: S$0.60 OCBC Investment Research, May 28 BIOSENSORS International Group’s (BIG) FY15 revenue was 5 per cent lower at US$308.4 million, forming 95 per cent of our full-year forecast. The group had faced average
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    • Article
      Lock icon CALENDAR
      8 8 DATA I 9.30pm US GDP Price Index
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    • Article
      Lock icon Rallying dollar powers to 121/2year high versus yen
      407 9 CURRENCIES REUTERS LONDON THE dollar powered to a 121/2 year high against the yen on Thursday, as investors bet that US interest rates will rise later this year while monetary policy remains ultra-loose in Japan. The biggest mover on major currency markets
      REUTERS  -  407 words
    • FOREX RATES
      • Article, Illustration
        Lock icon HANG SENG
        2 9
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      • Article
        Lock icon INTERBANK CROSS RATES
        471 9 May 28 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.957 4.763 0.703 5.957 49.043 101.531 0.950 8.491 2.797 1.060 78.309 34.251 1.036 9.253 0.727 23.508 25.911 0.500 0.768 Canada 1.045 4.979
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      • Article, Illustration
        Lock icon SHANGHAI COMPOSITE
        2 9
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      • Article, Illustration
        Lock icon NIKKEI
        1 9
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      • Article, Illustration
        Lock icon DOW JONES
        2 9
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      • Article
        Lock icon INTERBANK CURRENCY RATES
        155 9 May 28 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.0354 1.0363 0.7680 0.7686 Canadian dollar 1.0826 1.0831 0.8033 0.8030 Euro 1.4743 1.4748 1.0935 1.0938 NZ dollar 0.9772 0.9774 0.7248 0.7249 Sterling pound 2.0719 2.0726 1.5368 1.5372
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      • Article
        Lock icon US$/S$ FORWARD RATES
        22 9 May 28 S$ Bid Offer 1-month 1.3488 1.3490 2-months 1.3498 1.3503 3-months 1.3506 1.3511 6-months 1.3516 1.3519 Source: OCBC
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    • EQUITY BONDS WARRANTS FUTURES
      • Article
        Lock icon SGX DERIVATIVES TRADING
        413 9 May 28 OPEN HIGH LOW SETT VOL OP/INT FTSE CHINA A50 INDEX FUTURES SPOT *****.24 *****.91 *****.83 May15 *****.00 *****.50 *****.50 *****.75 *****5 *****2 Jun15 *****.50 *****.50 *****.50 *****.00 *****4 *****1 NIKKEI 225 INDEX FUTURES SPOT *****.28 *****.33 *****.27 Jun15 *****.00 *****.00 *****.00 *****.00 ***** *****0 Sep15
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      • Article
        Lock icon BONDS, WARRANTS, PREFERENCE SHARES
        212 9 May 28 Most active May 28 Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left OLS Enterprise W*****5 0.4 0.3 ***** 1 1 27 2.75 27 Rowsley Ltd W*****3 3.2 unch 7358 1 18 17 FTSEChinaA50 ***** MBePW*****9 23 6.6
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      • Article
        Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
        373 9 In local curr In S$ In US$ dy yr dy yr dy yr May 27 Index Change Change Change Change Change Change World Preliminary 1365.7 0.7 7.1 0.9 7.0 0.6 4.8 EAFE Preliminary 1118.1 0.8 13.3 0.8 10.2 0.5 7.9 Europe Preliminary 1561.1 1.4 13.0
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    • BANK RATES
      • Article
        Lock icon SIBOR
        36 9 May 28 1 mth 1 mth 0.***** 2 mths 3 mths 0.***** 6 mths 0.***** 9 mths 12 mths 1.***** SWAP Offer rates 1 mth 0.***** 3 mths 0.***** 6 mths 0.***** S0lll’C9.' Thomson R9LIf9l’S
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      • Article
        Lock icon INTERBANK RATES
        154 9 May 28 $S Offer Bid 0vernight 0.10 0.05 1-month 0.6875 0.5625 2-months 0.75 0.625 3-months 0.8125 0.6875 Overnight mode: 0.35 US$ Offer Bid 7 days 0.17 0.07 1 month 0.23 0.13 2 months 0.28 0.18 3 months 0.40 0.20 6 months 0.60 0.40 9 months 0.70 0.50 12
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      • Article
        Lock icon GOVERNMENT SECURITIES
        69 9 May 28 May 28 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0Z 2.375 01-Apr-17 102.45 102.48 102.44 5-Year N*****0H 1.625 01-Oct-19 99.64 99.75 99.65 10-Year NX*****Z 2.375 01-Jun-25 99.54 99.60 99.50 15-Year NY*****E 2.875 01-Jul-29 102.25 20-Year NZ*****V 3.375 01-Sep-33 107.89
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    • AGRI METALS ENERGY
      • Article
        Lock icon COMMODITY FUTURES
        193 9 May-27 Price Net change change Last Trade Agricultural May-27 CBOT Soybeans (US cents/bu) 927.00 4.50 0.49% 14/07/2015 CBOT Soybean Oil (US cents/lb) 31.73 -0.41 -1.28% 14/07/2015 CBOT Wheat (US cents/bu) 487.75 -5.75 -1.17% 14/07/2014 May-27 LIFFE Cocoa (£/tonne) 2126.00 7.00 0.33% 16/07/2015 LIFFE Coffee (US$/tonne) 1580.00 43.00 2.80%
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      • Article
        Lock icon PALM OIL
        57 9 May 28 KLCE Palm Futures (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Jun 15 2155.0 2170.0 2175.0 2153.0 248 1057 Jul 15 2190.0 2209.0 2217.0 2190.0 5168 ***** Aug 15 2191.0 2208.0 2219.0 2190.0 ***** ***** Sep 15 2196.0 2208.0
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      Lock icon Page 5 Advertisements Column 1
      752 5 STATEMENT OF FINANCIAL POSITION CITIBANK SINGAPORE LIMITED INCOME STATEMENT CITIBANK SINGAPORE LIMITED YEAR ENDED DECEMBER 31, DECEMBER 31, The notes to the accounts form an integral part of the audited financial statements and a full understanding of the statements and the state of affairs of the bank cannot be achieved
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      386 6 O II X Hosftitn riv ,i iuiiumy if I II I d'A 0W7ER OCCASIONS MT Oyster Occasions returns to 10 at Claymore this June and July! Indulge in six varieties, freshly shucked to order and available in unlimited servings. Savour these lovely gems from Australia, Canada, France, Ireland, U.S., and
      386 words
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      7 6 T For comprehensive coverage, go to www.businesstimes.com.sg
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      137 7 CONSUMER ELECTRONICS UP TO 90% OFF! 29-31 MAY 2015 SUNTEC SINGAPORE LEVEL 4, HALLS 404-406 12-9PM CHECK OUT THESE EXCITING PRODUCTS AT CEE! Samsung S27D590C 27" Full HD Curved Screen Enjoy stunningly immersive viewing Discover amazing contrast from any angle Bring entertainment to life Give comfort to your eyes Fitbit
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      87 7 WA MOTORWAY V/JM CAR RENTALS TH E FASTEST WAY TO SAVE. LEASE 5? ft Only Motorway can realise your dream of driving your fantasy supercar (or cars). Our irresistible long-term lease incentives eliminate astronomical costs involved in supercar ownership. Motorway offers a transparent, fixed sum for long term leasing with
      87 words
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  • BANKING & FINANCE
    • Article
      Lock icon Star funds beaten by rocky ride in yields, currencies
      867 10 Investors are bracing for more volatility this year as a result of central bank actions REUTERS New York SOME of the biggest names in the investment world have been whipsawed by the recent rise in global yields and the euro’s strength
      REUTERS  -  867 words
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      1947 10 The Business Times Ik I 1 I /"I I 1 Toll free 1800-289-8822 I I Email notices ffsph.com.sg J J j L J www.sphclass.com.sg/notices 3Lit4Mt JBMMlr fMS 5] BANK OF COMMUNICATIONS CO., LTD. Head Office: 1 88 Yin Cheng Zhong Lu, Shanghai *****0, People's Republic of China Singapore Branch: 50
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      590 12 Consolidated Balance Sheet As at 31 December 2014 2014 2013 US$million US$million Assets Cash and balances at central banks 97,282 54,534 9;%2%$;24 2??C<? =C4" 2< B2;A 624:C <=A#:@= !A#/< #A 4#?? 32,623 29,335 +CA;62<;6C /%2%$;24 ;%?<A:’C%<? 65,834 61,802 Loans and advances to banks 83,890 83,702 Loans and advances to customers
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  • ENERGY & COMMODITIES
    • Article, Illustration
      Lock icon Low oil prices haven’t tempered output from rivals, says Opec
      713 13 Long-term strategy report projects glut in crude oil to continue for another two years REUTERS London THE North American oil boom is proving resilient despite low oil prices, the Organisation of Petroleum Exporting Countries (Opec) said in its biggest and
      REUTERS; FILE PHOTO  -  713 words
    • Article
      Lock icon Curious goings on at Chinese energy firm
      937 13 WP Washington THE only thing we know for sure is that stock in Hanergy Thin Film Power, a solar panel equipment company owned by what was at the time China’s richest man, fell 47 per cent last Wednesday. We don’t know why it
      WP  -  937 words
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      1045 13 Balance Sheet As at 31 December 2014 2014 2013 $’000 $’000 Equity Share capital 1,653,000 1,653,000 Reserves (9,762) 4,097 +**,5,60-’( 1/24-. 192,379 44,332 Total equity attributable to owner of the Bank 1,835,617 1,701,429 Liabilities Deposits and balances of banks 492 Deposits of non-bank customers 29,655,479 30,586,607 The notes form an
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      203 13 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF CLARIDEN LEU TRUST (SINGAPORE) LIMITED (IN MEMBERS’ VOLUNTARY LIQUIDATION) CO. REG. NO. *****0707N NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of the Companies Act, Cap. 50, that a Final Meeting of the Members of the
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  • TECHNOLOGY
    • Article, Illustration
      Lock icon Samsung’s Lee siblings in reorganisation coup
      769 14 Latest move helps them tighten their control over South Korea’s Samsung Group BLOOMBERG Seoul LEE Jae Yong and his two sisters look like they just got quite a bargain in the latest move to tighten their control of South Korea’s Samsung Group. In a
      BLOOMBERG; PHOTO: BLOOMBERG  -  769 words
    • Article
      Lock icon Jawbone sues Fitbit over information ‘plundering’
      657 14 Fitbit accused of poaching Jawbone employees who downloaded sensitive materials before leaving NYT San Francisco CLOSE to what should be one of the biggest events of Fitbit’s life its initial public offering the maker of wearable health trackers is facing an unexpected challenge: a
      NYT  -  657 words
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      2470 14 The Business Times NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.sphclass.com.sg/notices Financial Report 2014 Consolidated Balance Sheet Board of Directors Axel A. Weber Chairman of the Board of Directors Chairperson of the Corporate Culture and Responsibility Committee Chairperson of the Governance and Nominating Committee William G. Parrett Chairperson of the Audit
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      370 14 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF MIND SPORTS PARTNERS PTE. LTD. (IN MEMBER'S VOLUNTARY LIQUIDATION) (Company Registration No. **********) NOTICE OF FINAL MEETING Notice is hereby given that pursuant to Section 308 of the Companies Act, Chapter 50, the Final Meeting of
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      434 15 THE BUSINESS TIMES NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF REDHILL PROPERTY MANAGEMENT PTE. LTD. (IN MEMBERS’ VOLUNTARY LIQUIDATION) Company Registration No: *****6647N NOTICE OF FINAL MEETING Notice is hereby given, in pursuance of Section 308 of the Companies Act, Cap. 50,
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      555 15 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF CELEBES INVESTMENTS PRIVATE LIMITED (Registration No. *****1872W) (In Member’s Voluntary Liquidation) NOTICE OF RESOLUTIONS [Pursuant to Section 290(2)(b)] An Extraordinary General Meeting of the Company deemed to have been convened pursuant to Section 179(6) of the
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      1897 15 4 BARCLAYS Head Office: 1 Churchill Place, London El4 5HP. Registered in England. Registered No: *****. Singapore Office: Level 28 One Raffles Quay South Tower Singapore *****3. Tel: 6308 3000 The following is an extract from the 2014 financial statements and Annual Reports of Barclays PLC and Barclays Bank PLC.
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  • CONSUMER
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      2023 16 Head Office: 30, Avenue Pierre-Mendès-France, ***** Paris, France Singapore Branch: 50 Raffles Place #41-01 Singapore Land Tower, Singapore *****3 CONSOLIDATED BALANCE SHEET ASSETS 31/12/14 31/12/13 in millions Cash and balances with central banks 56,598) 40,891) Financial assets at fair value through profit and loss 254,560) 218,324) Hedging derivatives 130) 1,733)
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  • Page 17 Advertisements
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      253 17 11 ■V -iJCf W 4 1? ORRI s' IS -f 3^ 7 *> m> m > k U X f r Jf >s fUr s ll S\NG Featuring Lang Lang and Apl.de.ap A MEGA CONCERT CELEBRATING 50 YEARS OF SINGAPORE MUSIC 7 AUGUST 2015, 7.30PM, NATIONAL STADIUM TICKETS ON SALE
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  • TRANSPORT
    • Article
      Lock icon Australia’s search for MH370 under scrutiny
      962 19 Criticism of the most expensive search in aviation history prompts rethink on the way it is conducted REUTERS Sydney NEARLY a year after embarking on a multi-million dollar quest to solve one of aviation’s greatest unsolved mysteries, authorities and search teams are being criticised
      REUTERS  -  962 words
    • Article
      Lock icon Qantas gives passengers access to 4,000 newspaper, magazine titles via app
      261 19  -  By Nisha Ramchandani nishar@sph.com.sg @Nisha_BT Singapore QANTAS Airways is giving passengers access to nearly 4,000 leading titles on the world’s largest newspaper and magazine platform, PressReader. Accessible via the Qantas app, PressReader will enable customers to download magazines and
      261 words
    • Article, Illustration
      Lock icon Surge in tanker rates shows that supply glut still persists
      692 19 BLOOMBERG London FOUR months into oil’s rebound from a six-year low, the tanker market is sending a clear signal that the rally is under threat. A sudden surge in demand for supertankers drove benchmark charter rates 57 per cent higher
      BLOOMBERG; PHOTO: BLOOMBERG  -  692 words
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      1473 19 The Business Times Ik f 1 Toll free 1800-289-8822 I I I B Email noticesc5Jsph.com.sg I M I B i B j ij www.sphclass.com.sg/notices IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF TAI TONG REALTY COMPANY PRIVATE LIMITED Company Registration No. *****0079W (In Members’
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  • GOVERNMENT & ECONOMY
    • Article
      Lock icon Economists lend weight to G-7 meeting
      739 20 Dresden gathering takes its cue from events such as the World Economic Forum in Davos BLOOMBERG London THE world’s top finance ministers and central-bank chiefs meeting in Dresden this week are looking to get back into the spotlight. Instead of a closed-door debate and
      BLOOMBERG  -  739 words
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      Lock icon ECB flags risks from low interest rates, Greek situation
      502 20 REUTERS London THE European Central Bank (ECB) said on Thursday that record-low interest rates were putting insurance firms and banks under increasing pressure and warned that any sell-off in stocks and bonds could damage the eurozone’s recovery. In its twice-yearly Financial
      REUTERS; PHOTO: REUTERS  -  502 words
    • Article
      Lock icon EU agrees on details of 315b euro investment and growth plan
      443 20 Risky ventures to be funded via financial vehicle backed by an 8b euro guarantee REUTERS Brussels THE European Union (EU) agreed on Thursday the final details of a 315 billion euro (S$464 billion) plan to boost investment and economic
      REUTERS  -  443 words
    • Article
      Lock icon Japan’s April retail sales rebound, easing pressure on BOJ
      361 20 Tokyo JAPAN’S retail sales rebounded modestly in the year to April after three straight months of falls, bolstering the central bank’s case that consumer spending is reviving to underpin a steady economic recovery. The data adds to signs of improvement in
      361 words
    • Article
      Lock icon Consumer spending and investment lead UK to 9th quarter of growth
      486 20 BLOOMBERG London CONSUMER spending and business investment helped the UK economy to its longest stretch of growth since the financial crisis as trade continued to act as a drag. Gross domestic product rose 0.3 per cent in the first
      BLOOMBERG  -  486 words
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      Lock icon India tipped to overtake China in Modi’s first year
      653 22 But there are doubts over whether a new way of calculating GDP has distorted things REUTERS New Delhi WHEN India releases data on Friday that is expected to show the economy growing faster than China for a second consecutive quarter, sceptics
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      Lock icon Indian billionaire’s wealth grows along with Modi’s political stature
      736 22 BLOOMBERG New Delhi AFTER flying across India on a corporate jet owned by billionaire Gautam Adani prior to last year’s election, Prime Minister Narendra Modi is returning the favour. in New York, Mr Adani sat in the audience as Mr Modi
      BLOOMBERG; PHOTO: BLOOMBERG  -  736 words
    • Article
      Lock icon US families still vulnerable to financial difficulty after recession
      684 23 Fed survey shows many barely prepared to handle emergency expenses and approaching retirements they haven’t saved for BLOOMBERG Washington FIVE years after the recession ended, many Americans still teeter on the financial brink, barely prepared to handle an emergency expense and
      BLOOMBERG  -  684 words
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      Lock icon Australia’s Q1 business investment fails to meet expectations with 4.4% fall
      517 23 REUTERS Sydney AUSTRALIAN businesses investment suffered the largest fall in over six years last quarter while spending plans for the year ahead came in far below expectations, a deeply disappointing report that sent the local dollar reeling. The news
      REUTERS  -  517 words
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      1243 22 The Business Times T"I 1 I I 1 O Toll free 1800-289-8822 I I Email noticesiS'sph.com.sg J V i I www.sphclass.com.sg/notices CONSOLIDATED BALANCE SHEETS December 31, 2014 and 2013 MEGA INTERNATIONAL COMMERCIAL BANK CO., LTD. HEAD OFFICE: No. 100, Chi-lin Road, Chung-shan Dist., Taipei *****, Taiwan Tel: +886-2-2563 3156 Fax:
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      36 22 Choose from Prime Stock Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Tenders Auctions Notices Show Off Your Prize Bull Call 1800 289 8822 or e-mail notices@sph.com.sg to place your New CEO Announcement Notices
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  • FIFA SCANDAL
    • Article
      Lock icon Call for reforms in Fifa gains momentum
      1055 24 The structure of the rich non-profit organisation that perpetuates influence of its top leaders draws more flak WP New York KNOWN as the beautiful game for the on-field spectacle, soccer has operated for decades under an ugly cloud of allegations related to match-fixing
      WP  -  1,055 words
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      Lock icon The leader who made a career out of dodging scandals
      724 24 Zurich IF Wednesday’s sweeping arrests of several Fifa officials at a five-star hotel in Zurich turn out to be the moment when everything finally started to unravel for Sepp Blatter, it would be hard to imagine a more appropriate setting.
      724 words
  • Page 24 Advertisements
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      1063 24 The Business Times NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.sphclass.com.sg/notices Emirates NBD Extracts from the audited statutory financial statements GROUP CONSOLIDATED STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2014 INDEPENDENT AUDITORS REPORT TO THE SHAREHOLDERS OF EMIRATES NBD PJSC Report on the Consolidated Financial Statements We have audited the
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  • REAL ESTATE
    • Article, Illustration
      Lock icon Strata offices starting to run out of fizz?
      810 25  -  Toppish prices for GSH Plaza said to have resulted in sales stalling; consortium turns focus to full floor deals By Kalpana Rashiwala kalpana@sph.com.sg @KalpanaBT Singapore THE strata office sales market could be starting to run out of fizz due to toppish prices
      810 words
    • Article, Illustration
      Lock icon Sydney housing bubble seen surviving tepid speculator curbs
      587 26 Surging home prices have eroded affordability and helped make Australians among the most indebted in the world BLOOMBERG Sydney AUSTRALIAN regulators are flashing warnings. Banks are vowing to curb lending. And that may not be enough to damp runaway housing prices. At
      BLOOMBERG; PHOTO: BLOOMBERG  -  587 words
    • Article
      Lock icon Prices of completed condos down 0.1% in April: NUS index
      347 26  -  By Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore PRICES of completed non-landed private homes in Singapore fell 0.1 per cent in April over March, according to the National University of Singapore (NUS) flash estimate released on Thursday. R’ST Research director Ong Kah
      347 words
  • Page 25 Advertisements
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      145 25 $1.50psf $350psf ONWARDS PAYA UBI INDUSTRIAL PARK LEASE SALE 200 to 7,500 sq ft Own parking space (not inclusive in listed area) Tel: 9090 2222 Office: 53 Ubi Avenue 1 #01-11 Blow your own trumpet Buy new musical instruments or put up your old ones for sale in CLASS 72
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      117 25 29 Paya Lebar Road Paya Lebar Office Centre For Lease: 2 blocks of self-contained office available immediately Built-in area 500 11,000 sf. Single or Multi tenants 1 min to Paya Lebar MRT City Plaza Shopping Centre Ready w/light, aircon, water attached toilet Big carpark MULBERRY TREE CONDO FOR LEASE Penthouse
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  • Page 26 Advertisements
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      178 26 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements The Business times CLASSIFIED ■BUY IT-SELL IT FIND IT- D02 HOUSE FOR SALE BLAIR ROAD F’hold Conservation 2-sty intermediate terrace. Land approx 1513 sq ft Reno. needed. Near Outram MRT/ amenities. Limited supply. 6251-7387 TKE D04 HOUSE FOR SALE SENTOSA Bungalow Sentosa
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      151 26 D10 APARTMENT FOR SALE GOODWOOD RESIDENCE Ground flr. 2831 sqft, 3 bdrm, pte pool, $5.Xm. Open house Sun 2-5pm. Karen Tan 9877 1177 D15 APARTMENT FOR SALE MEYER RESIDENCE 2+study 1066 sqft. Freehold. Designer renovation. Walk in wardrobe. Open kitchen. $1.83M. Must view! Call 9815 5055 Mary D16 APARTMENT FOR
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      158 26 D10 HOUSE FOR RENT DUCHESS ROAD 83 Duchess Road. Ramp access. 4200 sf land/ 4600 sf built up. New built. 7 rms ensuite. Airy. 2016 MRT. Amenities. $15K neg. 9752 6884 D10 HOUSE FOR RENT ELEVEN@ HOLLAND Brand New Cluster Semi-d 3700sf 5-bdrm lift. Special intermediate unit: base rent min
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      151 26 D15 HOUSE FOR RENT 80C MEYER ROAD Cluster bunglw. Built-in 6500 sqft. 2-sty attic basement pool. Immed. $15.5K. Also sale. Owner 9863 5635/ 9727 2996 (www.wahkhiaw.com.sg) D23 HOUSE FOR RENT CHESTNUT AVENUE New Semi-D Chestnut Avenue for rent! Quiet location. Near Schs MRT Parks Shpg Ctr. Call 9783 9608. All
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      119 26 D08 LAND FOR SALE HORNE ROAD F’hold hotel land Horne Road. Land 3516.6 sf. Existing built in *****sf (corner unit) Plot ratio 3 WP obtained. Lim *****789 *****285 DTZ D08 SHOP SPACE SALE Van 9855 9406 LITTLE INDIA Rare Corner Units! Hurry! Little India/Mustafa $7M up/ Tg Pagar vicinity, $5M/
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  • VEHICLE & LIFESTYLE
    • Article, Illustration
      Lock icon The tyranny of the forced smile
      923 27  -  By Paul Jaskunas NEW YORK TIMES I AM a Libra of Libras, an inveterate balancer of opinions. My scales rarely tip to one side; my cons stack up against my pros. Count on me to discern the downside to upside, and the upside to
      NEW YORK TIMES  -  923 words
    • Article
      Lock icon SHIPPING TIMES
      1907 30 MONTREAL 10 120 29/7 30/7 4/8 MONTREAL 10 120 29/7 30/7 4/8 EASTERN CAR LINER, LTD SPECIALIZE IN RORO HEAVY LIFT INTRA-ASIA SERVICE VOY Ramp(KT) Lifting(KT) SIN PKL KUC KK JKT SUR MALAYSIA STAR 46 50 8/6 9/6 13/6 17/6 KOOKYANG EXPRESS 3 55 11/6 12/6 16/6 18/6
      1,907 words
  • Page 27 Advertisements
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      108 27 THE BUSINESS TIMES Call Toll-free 1800-289-9988 To Place Your Classified Advertisements CLASSIFIED BUY IT SELL IT FIND IT AUDI FOR SALE Audi A4 06/2008 TFSI Mu Best Deal in Town. Flexible Loan. High Trade In.Low Interest Fast Selling. $78,800 *****580 *****001 Classic Credit BMW FOR SALE BMW 730Li 12/2011 730Li
      108 words
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      Lock icon Page 27 Advertisements Column 2
      96 27 MERCEDES FOR SALE CLK 200 COUPE GV Inhse loan @1.99% p.a. Down $6800. 06/07, 1 owner. Cashback $35K end of COE. Welcome old car 1-1 exchange w/o cash topup.Gavin 8606 3619 SUZUKI FOR SALE SWIFT 1.3XG 3/2008. Sell $31,800. OMV $9556. 2 owners, Well kept. Good condition. Don’t Miss *****045
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      Lock icon Page 27 Advertisements Column 3
      75 27 VOLKSWAGEN FOR SALE TIGUAN 2.0T SPORTS March 2012. 2.0T Sports. Sunroof. Agent Serviced. Low Km. GPS. Only $123.8K. Call 9298 1315 DOMESTIC HELP MAID SERVICES Chaindra Maid Agency, Singapore Prestige Class Award-Winner. Nepalese, Indian, Sri Lankan maids available. Call *****172 (08C3412) ITEMS WANTED LIQUOR WANTED Highest Offer! Old and New
      75 words
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      Lock icon Page 27 Advertisements Column 4
      84 27 PETS PET CARE KOI FARM Biggest, Cheapest Largest in Singapore New arrival from Japan!! Nippon Koi Farm, No 51 Jln Lekar. Tel: 6763 1882 or www.nipponkoifarm.com PETS PET CARE PET FARM Small to Medium breed. Large puppies and kitten. Food and accessories. Boarding long/ short-term. Please call 6582 3333ERICSSON: SMALL-MEDIUM
      84 words
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      Lock icon Page 27 Advertisements Column 5
      76 27 Hair Replacement! Reclaim your youthful appearance from $298 (Free Trail Trade In) suits both man woman Experience the Boost of thicker fuller looking hair with IHair Hair Serum Effective results After Before IHAIR REPLACEMENT SCALP SPECIALIST PTE LTD 211 New Bridge Road #B2-12 Lucky Chinatown Singapore *****2 Tel *****992 *****319
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  • OPINION
    • Article
      Lock icon Be prepared for more shocks from China’s frothy stock markets
      629 28 ON THURSDAY, China’s stock markets tumbled about 6 per cent, their biggest daily decline in four months. Could this be the start of the deflation of what many commentators consider to be a stockmarket bubble? EDITORIAL Since mid-2014, China’s stock
      629 words
    • Article
      Lock icon Innovation through the TPP
      796 28  -  THE BOTTOM LINE By Mark Elliot T The writer is executive vice-president of the US Chamber of Commerce’s Global Intellectual Property Center NEGOTIATORS from 12 Asia-Pacific countries are on the cusp of concluding one of the world’s largest and most significant free trade agreements, the Trans-Pacific
      796 words
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      Lock icon Understanding the future of money and data
      1545 28  -  Given innovative developments such as IoT and Bitcoin, is the law sufficiently elastic to cover them? BY REGINA LIM them?BY REGINA LIM T The writer is a Justice Law Clerk at the Supreme Court of Singapore. She will be a rapporteur at the
      PHOTO: PENGUIN  -  1,545 words
    • Article
      Lock icon Bonn summit key stepping stone to Paris climate treaty
      888 29  -  COMMENTARY By Andrew Hammond T The writer is an associate at LSE IDEAS (the Centre for international Affairs, Diplomacy and Strategy at the London School of Economics), and a former UK government special adviser CLIMATE negotiators are meeting in Bonn from
      888 words
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      Lock icon A clear corporate purpose is key to outperforming rivals
      756 29  -  By John Chin T The writer is the Singapore Advisory Leader at EY CURRENT global realities have changed the game. Today, the corporate capacity for innovation and transformation defines its ability to thrive. Yet, transformation is beyond just better products and
      FILE PHOTO  -  756 words
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      Lock icon The fatal attraction of measuring everything
      1149 29  -  CEOs and boards must note that having tons of data is no substitute for judgment and insights. It is a fallacy that the data will “talk”. Besides, some things escape measurement By Sanjeev Nanavati T The writer is a senior advisor to two leading
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  • Page 30 Advertisements
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      104 30 Experienced sh/p maintenance services wanted. Can they find your services here in the Shipping Times? the business tcvies TO ADVERTISE, CALL JOE WONG AT 9620 1327 Make A Splash In The Maritime World Via s|ft3hiaritime.coM Ahoy there! If you are in a business pertaining to any sector of the maritime
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  • BT Lifestyle
    • Article, Illustration
      Lock icon OLD TIES, NEW ROLES
      923 31  -  In their bid to stay relevant in today’s society, clan associations are trying to attract new members or teaming up with those in the arts and heritage circles to present tradition in a new light. BY CHEAH UI-HOON BY CHEAH UI-HOON uihoon@sph.com.sg IF the Ching Yoon
      923 words
    • Article, Illustration
      Lock icon Musical box museum opens in Singapore
      571 31 AMERICAN inventor Thomas Edison might be best known for inventing the light bulb but one of his favourite inventions was the phonograph, the forerunner to the gramophone. There are perhaps some 20 Edison phonographs left in the world, mostly in museums. Now, one of
      PHOTO: YEN MENG JIIN  -  571 words
    • Article, Illustration
      Lock icon Using drama to showcase 136-year-old institution
      433 31 WHEN Low Kok Wai, a theatre studies lecturer, needed to stage a play in Cantonese as part of his PhD thesis, he found a willing partner in Poon Yue Association. “They were very keen to work with me, as the association had been looking
      433 words
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  • CINEMA
    • Article, Illustration
      Lock icon One-stop destination for Asia’s best shorts
      778 32  -  Viddsee’s founders, who are filmmakers themselves, are dedicated to curating and delivering the best short films from Asia on their streaming website. BY DYLAN TAN ONLINE website.BY DYLAN TAN dylantan@sph.com.sg @DylanTanSYBT SHORT films often get a raw deal they don’t get theatrical releases, it’s
      778 words
    • MOVIES
      • Article, Illustration
        Lock icon Disaster flick that’s not all it’s cracked up to be
        562 32  -  By Geoffrey Eu SAN Andreas is a movie about what happens when California gets hit by The Big One no, not Dwayne Johnson (also known as “The Rock”), an actor whose ridiculously broad chest and bulging biceps deserve their own
        562 words
      • Article, Illustration
        Lock icon Comedy of errors as princess goes incognito
        578 32  -  By Geoffrey Eu MOST girls dream of being princesses but for the future Queen of England, an evening spent roaming the streets of London incognito among thousands of common folk is her idea of a delightful prospect, if unlikely. Yet that’s exactly what
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  • ARTS
    • Article, Illustration
      Lock icon Private museum bridges past and future
      571 33  -  Newly-opened Singapore Pinacotheque de Paris hopes to draw visitors with its “Museum of the Future” concept. BY HELMI YUSOF helmi@sph.com.sg @HelmiBT SINGAPORE Pinacotheque de Paris, the first international outpost of France’s largest private museum, opens its doors on Saturday with rare-ly-seen masterpieces by Monet,
      PHOTOS: JOSEPH NAIR  -  571 words
    • Article, Illustration
      Lock icon Prvacki’s unbearable lightness of being
      523 33  -  By Helmi Yusof helmi@sph.com.sg @HelmiBT LIKE many good abstract paintings, Milenko Prvacki’s works are the sort that will reward a patient viewer and frustrate an inattentive one. You need a great deal of time for his paintings because they reveal themselves in small degrees, inch
      523 words
    • Article, Illustration
      Lock icon Potent drama about deaf vs hearing
      631 33  -  By Helmi Yusof helmi@sph.com.sg @HelmiBT IN the 1967 movie Guess Who’s Coming To Dinner?, Spencer Tracy and Katharine Hepburn play an urbane lib-eral-leaning couple who nonetheless get a shock when their grown-up daughter (Katharine Houghton) brings home her new fiance a good-hearted medical doctor
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  • WINE/MUSIC
    • Article, Illustration
      Lock icon Anything but Chardonnay? Try Alsace Pinot Gris
      1199 34  -  Looking to stray off the beaten track in your choice of a white? You won’t go wrong with these, but the drawback is that they need time to mature, and are best drunk after 10 years. BY NK YONG BY NK YONG MY
      PHOTO: NK YONG  -  1,199 words
    • Article, Illustration
      Lock icon Heavy metal meets girl power in tribute act
      677 34  -  CONCERT By Dylan Tan dylantan@sph.com.sg @DylanTanSYBT WITH most of its members pushing 60, English heavy metal legends Iron Maiden don’t hit the road as often as they did in the eighties and nineties. Thank goodness then for The Iron Maidens, the world’s
      677 words
  • Page 34 Advertisements
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      15 34 HQlfi Borderless Black Glass smm Ultllll www.vintec-cellar.com vinrec WINE PRESERVATION TECHNOLOGY SEAMLESS m iiiiiiiiiii nvvwvvv
      15 words
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      Lock icon Page 34 Advertisements Column 2
      31 34 4Want access to BBQ pits? If you're looking for your dream condo complete with facilities, turn to the Print Classified Properties section. To advertise, call the Print Classified Hotline: 1800-289 9988.
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  • Page 34 Miscellaneous
    • Miscellaneous
      Lock icon Page 34 Miscellaneous Column 1
      327 34 CRYPTIC CROSSWORD Across 1 Cause followed by friend from time to time (12) 9 Sweden anticipates new Romanian republic (3,6) 10 It should beat a runner, for example (5) 11 Pressure line like this found in one pub (6) 12 Government supporter wielding party axe? (8) 13 Tactic doctor employed
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  • CITY LIFE
    • Article, Illustration
      Lock icon Sniffing out a new take on Singapore
      805 35  -  Differences in perception and reaction make for interesting debate on scent walks.BY walks.BY AVANTI NIM avantin@sph.com.sg THINK you’ve seen all that Singapore has to offer? Now, do it again. This time, don’t use your eyes but your nose. Singapore-based fragrance designer which creates
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    • CITY BUZZ BT writers’ picks of what to see, do or talk about
      • Article, Illustration
        Lock icon DON’T BE A CHICKEN
        393 35  -  By Tay Suan Chiang DINING Hanamidori Restaurant JAPANESE restaurants in Singapore are a dime a dozen, which makes Hanamidori Restaurant, with its all-chicken menu, a welcome change. The restaurant renowned in Hakata, Kyushu has 28 outlets in Japan, and two in Taipei and Dalian. Hanamidori’s star
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      • Article, Illustration
        Lock icon Sichuan Food Festival
        228 35  -  DINING By Tay Suan Chiang SI Chuan Duo Hua restaurants are known for Sichuan fine dining. For this month only, its Parkroyal on Beach Road outlet goes further with a Sichuan Food Festival. Part of the restaurant has been transformed to recreate a food street in Sichuan,
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      • Article, Illustration
        Lock icon Female Convict Scorpion: Jailhouse 41
        187 35  -  CINEMA By Dylan Tan LOCAL film collective the Society for Cult and Underground Movies (SCUM Cinema) is set to takes its audience to the sleazy word of Japanese Pink films a genre that puts an Oriental twist on exploitation skin flicks from the West at
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      • Article, Illustration
        Lock icon Art After Dark at Gillman Barracks
        157 35  -  ART By Helmi Yusof FROM Friday to Sunday, Gillman Barracks becomes party central once again with live music, food and drinks. Headlining the event is Chicks On Speed (below), an edgy all-girl punk art group that will be performing at the NTU Centre for
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      • Article, Illustration
        Lock icon Juice Junkie
        300 35  -  HEALTH By Avanti Nim THE juice bar craze in Singapore is ramping up with more new entrants to the market. The newest one is Juice Junkie which boasts 100 per cent organic cold-pressed juices. Director and co-founder Melissa Cheong, 26, came up with the concept while at Tufts
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