The Business Times, 28 September 2007

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Total Pages: 37
1 37 The Business Times
  • 22 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://business-times.asial .com.sg mm A SINGAPORE PRESS HOLDINGS PUBLICATION MICA (P) 202/12/2006 Friday, September 28,2007
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  • 429 1  -  KALPANA RASHIWALA Bought for $73m one year back, Emerald Mansion site sold for $148 m By [SINGAPORE] The Cheong family, which bought Emerald Mansion through a collective sale last year for $73 million or $931 psf per plot ratio, recently sold the District
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  • 867 1  - Marina rising and its prices follow suit YEN SREENIVASAN CONRAD RAJ SUTL's one°ls banks on rising affluence and the IR effect to keep afloat and [SINGAPORE] Asia's most luxurious and modern marina will officially open tomorrow and, in keeping with the sudden rush of demand for the high life, it
    YEN MENG JIIN  -  867 words
  • Page 1 Advertisements
    • 50 1 8 *****1 *****4 •We don't view ourselves »as an Indian company. Rather we view ourselves as a global company with a significant Jk B| delivery B in India.? B Ramalinga Raju, founder of Satyam Computer Services, ■V c* I?*' India's fourth largest I software company, in Jr the Raffles Conversation
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  • Page 1 Miscellaneous
    • 39 1 US ECONOMY CLIPPER RACE rijWjf MYANMAR UNREST 810-TREAT SAGA W^p Q2 impresses with The longest Hundreds arrested Ex-chairman threatens Jl-^ 3.8% rebound voyage "^S^nlf as tension mounts legal action V PAGE 3 PAGE 36 §^S£Sl?lPal PAGE 2 PAGE 4
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    • 34 1 EL COVER Thirsty for more PAGE 32 ART A strong showing for visual arts PAGE 34 MUSIC SSO makes sonic waves PAGE 37 ft?!"! „v* BOOKS A Year Without 'Made in China' PAGE 38
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  • TOP STORIES
    • 670 2  -  MICHELLE QUAH One tendency is to disclose only mandated information By [SINGAPORE] Singa-pore-listed companies appear more concerned about form, rather than substance, when it comes to complying with rules and regulations. A study of the top 100 companies listed on
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    • 354 2  -  ANNA TEO Republic honoured for harnessing intellectual capital By [SINGAPORE] Singapore has been named Most Admired Knowledge City in a new study to identify urban communities that best harness intellectual capital for competitive advantage, pipping among others, the Athens of America, Boston. The other finalists
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    • 470 2 Reuters, AFP UNREST IN MYANMAR Japanese journalist among those killed yesterday [YANGON] Security forces swept through Myanmar's main city yesterday, arresting hundreds of people and firing warning shots as they intensified a violent crackdown on anti-government demonstrators, even as its main ally China called for
      – Reuters, AFP; REUTERS  -  470 words
    • THREE-MINUTE DIGEST
    • 549 3 AP, Reuters But credit problems spark new worries about longerterm business outlook [WASHINGTON] The US economy rebounded with a good head of steam in the second quarter before a credit crisis raised new fears about longerterm business health. The US Commerce Department reported
      AP, Reuters  -  549 words
    • 515 3  -  MICHELLE QUAH HORIZON TOWERS SAGA Meanwhile, HPL suit against sellers is officially stayed IBy SINGAPORE] The twists md turns in the Horizon rowers saga never seem to 3nd: even as one legal showiown was averted yesteriay, another dramatic court session is set to
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    • MARKETS DIGEST
      • 29 3 SINGAPORE 5.33 MALAYSIA 6.74 HONG KONG 7.50 INDONESIA 15.456 TAIWAN 6.156 JAPAN 1.875 KOREA 9.33 BRITAIN 5.75 US 7.75 CANADA 6.25 SWITZERLAND 3.88 INDIA 12.75 Source: Bloomberg
        Bloomberg  -  29 words
      • 43 3 I COMP 1,335.66 +14.77 IIKKEI 225 16,832.22 +396.48 JANG SENG 27,065.15 +634.86 ;et INDEX 843.05 -1.35 JAKARTA COMP 2,378.83 +17.82 1ANILACOMP 3,577.51 +101.76 ;eoulcomp 1,945.28 +26.02 ;henzhen B 772.80 +3.58 IUMBAI IND 17,150.56 +229.17 12NOONEDT Change 13,878.39 +0.24 )OW IASDAQ 2,704.08 +5.05
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      • 39 3 IS$ (S$ )er US$) 1.493 (US$/S$ )er 2.022 3.019 ;URO(US$/S$/E) 1.414 2.110 'EN 115.50 77.40 3.417 2.289 IK$ 7.763 5.200 !AHT 34.28 22.96 IUPIAH 9,140 6,123 IENMINBI 7.513 5.033 INDIAN RUPEE 39.71 26.60 1.138 0.762 IZ$ 1.334 0.894
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  • Page 2 Advertisements
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  • COMPANY NEWS
    • 1061 4  -  MICHELLE QUAH Wing claims he has new evidence of forgery of signature on forms, quit letter By MAINBOARD-LISTED wa-ter-treatment firm BioTreat Technology looks set to be embroiled in fresh controversy. Its former chairman Wing Hak Man now claims he has obtained irrefutable
      ARTHUR LEE  -  1,061 words
    • 725 4  -  MICHELLE QUAH FRESH allegations of fraud involving Bio-Treat Technology will no doubt deepen existing uncertainties over the goings-on at the China-based company. But even as the controversy brews, a pertinent question needs to be addressed: in the past year or so since
      725 words
    • 202 4 SINGAPORE Technologies Engineering (STE) announced yesterday that its US shipyard, VT Halter Marine Inc, has secured a building contract worth about US$254 million. The deal is to build three 330,000-barrel tank barges for Crowley Maritime Corporation's subsidiary, Vessel Management Services Inc. VT Halter Marine
      202 words
    • 307 5 It'll build country's largest wastewater treatment and reuse unit serving 900,000 KEPPEL Seghers, part of the infrastructure division of Keppel Corp, has won a $1.5 billion water-treat-ment contract in Qatar. The contract for ASHGHAL, the Public Works Authority (PWA) in Qatar, is to
      307 words
    • 299 5 It buys Bohai Bay offshore oilfields and exploration working interests SINGAPORE Petroleum Company (SPC) has expanded its presence in China by acquiring offshore producing oilfields and exploration working interests in Bohai Bay for US$223 million. SPC said it won, through its wholly owned subsidiary
      299 words
    • 376 7  -  KALPANA RASHIWALA Turquoise goes on sale with prices ranging from $2,400 to $2,700 psf By HO BEE Investment has begun selling units at its Turquoise condo at Sentosa Cove at prices ranging from around $2,400 to $2,700 psf. Apartments cost around
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    • 510 7 -Reuters HONG Kong-based Anwell Technologies, which makes machines that produce DVDs, expects a "sharp jump" in third-quarter earnings, as the optical disc industry emerges from a downturn, the firm's chief executive said. Anwell also expects full-year revenue will triple as the firm
      -Reuters  -  510 words
    • 140 8 Reuters SINGAPORE-BASED luxury watch retailer Sincere Watch ;old Reuters yesterday that it sees 15 to 20 per cent revelue growth in the fiscal year to March 2008, up from 12 3er cent in the last fiscal year. Sincere Watch, also listed n Hong Kong, distributes high-end
      ■ Reuters  -  140 words
    • 345 8  -  CHEN HUI FEN By THE year-old Prime Partners China Index (PPCI), which tracks the performance of fast-growing China companies listed on Singapore Exchange (SGX), will see the replacement of four component stocks on Oct 1. The four stocks making their exit are China Merchants
      345 words
    • 427 8  -  WEE LI-EN HK-Singapore gap widens as China powers ahead: Thomson Financial By FAR more companies have chosen to list in Hong Kong rather than in Singapore this year, according to data published by Thomson Financial yesterday. There have been 36 issues in Hong
      427 words
    • 380 8  -  CONRAD TAN By OPTICAL disc maker Eastgate Technology is to enter the printed media business through a reverse takeover (RTO) deal with a Hong Kong company. Eastgate said yesterday that it has signed a heads of agreement to acquire the entire share
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    • COMPANY BRIEFS
      • 44 8 YANLORD Land Group has acquired East Hero Investment, which is incorporated in Hong Kong, for 238.7 million yuan (5547.4 million). East Hero has a 75 per cent interest in a firm that owns land parcels in Shenzhen.
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      • 58 8 TPV Technology has signed a non-binding memorandum of understanding with Taiwan's Chi Mci Optoelectronics (CMO) for a possible subscription of 150.5 million shares representing 7.68 per cent of TPV's issued capital. At the agreed price of HK55.39 per share, the transaction, if executed,
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      • 92 8 PT Berlian Laju Tanker Tbk has taken delivery of three tankers and obtained approval for its fleet development programme that may cost up to US$5OO million. The three tankers takes its fleet size to 65, consisting of 38 chemical tankers, 18 oil tankers, eight
        92 words
      • 86 8 BAN Joo Company said it has signed a definitive agreement to acquire 51 per cent of a "special purpose vehicle" incorporated in Singapore, which holds the capital of a wholly foreign owned enterprise (WOFE). As part of the deal, Ban Joo will provide a
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  • Page 4 Advertisements
    • 1254 4 ill'lM'l Kyodo-Allied Industries Ltd Company Registration N0.:*****2850E NOTICE IS HEREBY GIVEN that the Twenty-Third Annual General Meeting of the Company wJII be held at 17 Kian Teck Road. Singapore *****1 on Tuesday. 16 October 2007 at 4.00 p.m. to transact the following businesses: AS ORDINARY BUSINESS 1 To receive and
      1,254 words
    • 204 4 Expect great surprises at LORENZO'S t^JmsTi 24th Anniversary Sale! Visit our new 25,000 sq. ft. flagship showroom at 601 Sims Drive, Pan-I Complex (formerly SAFE Superstore) today! Enjoy our $24* IJBllffllfflßlfflfflß Special Offers! LAyAS Uj^fa *Terms and conditions apply. Purchase any full Purchase any full leather leather L-shaped 3-seater sofa
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  • Page 5 Advertisements
    • 50 5 Eat your heart out! Wim f'Si .are An East-meets-West spread awaits you at Dozo Restaurant at Valley Point. Get 20% off set meals with tomorrow's The Business Times Weekend. THE BUSINESS TIMES Organised by: Managed by: A, A f^M A member of the V^ "ail" Ul FRASER AND NEAVE GROUP
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    • 109 5 TAKE TIME TO PONDER. JUST BE SURE THAT THE TIME YOU TAKE IS VERY SHORT. Attractive ONE 15 pre-official launch membership rate ends this month. Like the unique black pearl, the rarity and exclusivity of a ONE 15 membership make it much sought-after and highly valued. And it's bound to
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  • SINGAPORE MARKETS
    • 560 6  -  R SIVANITHY STOCKS All sectors benefit as stocks get boost from overseas markets and window-dressing ALMOST exactly two months after its last all-time high during which time investors fretted about the expanding US subprime crisis, the Straits Times Index yesterday hit another new
      560 words
    • 97 6 MAIN Up Down Unch SDQ Up Down Unch TOTAL Up Down Unch Multi Ind 114 2 0 0 0 114 2 Manufacturing 95 53 77 12 14 18 107 67 95 Commerce 38 14 30 43 20 38 )t/Stor/Comms 24 27 Finance 19 20 Construction 11 11
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    • 124 6 TURNOVER C000) MAIN SDQ TOTAL MAIN VALUE ('000) SDQ TOTAL Multi Ind 29,719 29,719 142,421 142,421 Manufacturing 686,185 155,399 841,584 531,039 43,648 574,687 Commerce 417,119 35,620 452,739 229,194 6,917 236,111 Tpt/Stor/Comms 174,873 6,209 181,082 526,159 6,403 532,562 Finance 70,136 20 70,156 881,826 2 881,828 Construction 118,745 68,674
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    • 230 6 Stock name Wt Close Chani Stock name Wt Close Chani Stock name Wt Close Chani Allgreen 0.52 1.880 4-0.100 JMH 3.08 28.500 SPC 0.46 6.550 -0.050 Ascendasreit 0.90 2.690 +0.050 JSH 1.97 15.700 4-0.100 SPH 2.68 4.340 +0.040 CapitaComm 0.52 2.740 +0.050 Jardine C&C 0.85 18.200
      230 words
    • Article, Illustration
      930 6  -  CONRAD TAN Shipping Trusts DBS Group Research, Sept 27 WE HOLD the view that shipping trusts offer attractive yields, averaging 9.4 per cent for FY2OOB, and are lagging US peers which are trading at an average yield of 6.7 per cent. Maintain "buy" for Rickmers Maritime (RMT; target
      930 words
    • 463 6 AFP CURRENCIES [TOKYO] The US doUar wobbled close to record lows against the euro in Asian trade yesterday as the market waited nervously for the next batch of indicators on the shaky US economy, dealers said. The dollar was almost steady at
      AFP; AP  -  463 words
    • 5 6 I DAILY
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    • 3 6
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    • 46 6 CLOSE 387.00 +182.0 BT OB/OS BT CADI -*****.00 +148.0 BT 10-day MA -*****.00 +39.00 All-SG Equities 1010.64 +15.14 SG Equities Elect 126.03 +0.47 SG Equities Fin 2566.21 +43.30 SG Equities Prop 1584.78 +13.71 SIMSCI 457.10 +9.20 SIMSCI Futures 456.50 +7.40 PrimePartnersCI 263.13 +6.01
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    • 58 6 VOLUME Diqiland 124,467,000 LottVis 91,499,000 Gen Intl 87,687,000 Ban Joo 74,882,000 Anwell 73,606,000 Thai Beverage 66,622,000 UTAC 55,336,000 Sing Tel 55,205,000 FHTK Hldgs 47,515,000 Chasen 40,356,000 VALUE(S) DBS Grp 391,080,628 Sing Tel 221,907,052 SGX 220,880,700 UOB 148,307,850 OCBC Bk 101,009,625 Capita Land 97,160,120 STXPOKWIOO 88,342,200 Keppel Corp
      58 words
    • 102 6 CLOSE UP iBS Gri 2200 90.0 4.3 China H 10US$ 2160 89.6 2.9 ihani La Asia 2590 55.8 12.6 IOB 2210 40.0 1.8 'HS 250 40.0 19.0 lardine C&C 1820 30.0 1.7 Cor| 1430 30.0 2.1 ■oscoCo iMBLeCW***** 140 24.0 20.7 loble Gr| 222 20.0 9.9 ICBC Bk 895
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    • 117 6 BY CENTS CLOSE DOWN SGX 1330 -50.0 -3.6 GLD 10US$ 7230 -44.8 -0.4 DBS DBePW*****0 21 -19.0 -47.5 DBS BNPePW*****9 26.5 -15.0 -36.1 DBS DBePW*****7 32 -14.5 -31.2 DBSSGAePW*****5 6.5 -12.5 -65.8 SGXMBLeCW*****4 74.5 -12.0 -13.9 MOIL 225 -11.9 -3.4 DBS DBePW*****8 21 -10.5 -33.3 STI 3200SGAePW*****0 20 -10.5
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    • 84 6 lere! S$ stands Sep 11 CHNG CLOSE FRSep26 YR 2007 S$ LOW S$ HIGH uss 1.4924 0.28 1.5479 1.4924® Euro 2.1101 0.12 2.1254 1.9913 Pounds 3.0179 -0.20 3.1194 2.9323 AS 1.3123 -0.51 1.3411 1.1741 Yen* 1.2916 0.58 1.3821 1.2285 Rupiah* 0.***** 0.10 0.***** 0.***** Baht* 4.3567 7.51 4.6840 4.1730
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  • Page 7 Advertisements
    • 13 7 For quality teddy bears and soft toys! 23 Bussohah Sthkkt, Singafose *****1 www.saahasbeora.com.sg
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    • 216 7 Don't wait till it breaks and lose sleep over it. To rest well, you need a secure infrastructure. Like sleep, the security of your IT systems will be twice as cherished when you lose it, and probably thrice as painful. Ensure that your IT systems are configured to protect the
      216 words

  • Page 8 Advertisements
    • 1061 8 Lianhe Zaobao I iTnS I I province ft iiii I lin China J| I iGuangxii I I<a r$ to use I from next year I In the Matter of The Companies Act (Chapter 50) And In the Matter of SUNDROP MARKETING PTE LTD (In Creditors' Voluntary Liquidation) (Co. Reg. No.
      1,061 words
    • 1300 8 CH OFFSHORE LTD (Incorporated in the Republic of Singapore) (Co. Reg. No. *****0666 D) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Thirty-First ANNUAL GENERAL MEETING of the Company will be held at The Board Room, 390 Jalan Ahmad Ibrahim, Singapore *****5 on 17 October 2007 at
      1,300 words

  • Page 9 Advertisements
    • 315 9 Congratulations on the completion and delivery of Otto 1 to West African Invest Ltd We are very pleased to take delivery of this new Work Barge from Otto Offshore Ltd which has been completed on schedule. She will be deployed in West Africa on a long term charter to an
      315 words

  • SINGAPORE NEWS
    • SINGAPORE ROUNDUP
      • 86 10 SINGAPORE Venture Capital and Private Equity Association is in discussion with the Singapore Management University on setting up a Private Equity Institute, Minister of State for Trade and Industry Lee Vi Shyan said at the association's annual gala dinner last night. He said the
        86 words
      • 76 10 ONLY one in 25 companies here has a policy of buying environmentally-friendly products, although about 37 per cent of working adults here say they are "very concerned" about the environment, according to a survey carried out by Synovate Singapore and commissioned by Double A.
        76 words
    • 700 10  -  KALPANA RASHIWALA Sentiment strongest in rental apartment, office, hotel/resort, retail sectors: survey By SHANGHAI, Singapore and Tokyo have emerged as the top three most promising Asia-Pacific cities for real estate investment prospects, according to a report from the US-based Urban Land Institute
      700 words
    • 355 10 5-20% discount on renewal premium for those in good health AIA has teamed up with the Parkway group to offer a healthcare plan under which policy-holders can enjoy a discount of up to 20 per cent on renewal premiums if they
      355 words
    • 225 10 THE Housing Development Board (HDB) yesterday announced that current deputy chairman James Koh Cher Siang will replace Aline Wong as its chairman from next month. Prior to his appointment as deputy chairman, Mr Koh was the Commissioner of Inland Revenue and CEO of the
      225 words
    • 521 11  -  ARTHUR SIM The joint venture with a global financial partner will be based in Spore By FRESH from its recent $1.69 billion purchase of the prime development site at Beach Road, Dubai World Group's (DWG) investment arm, Istithmar, said that it is planning to
      521 words
    • 372 11  -  ARTHUR SIM By A CONSORTIUM that includes several prominent doctors has put in the highest bid for a hospital cum hotel site in Race Course Road $265.3 million or $431 per square foot per plot ratio (psf ppr). The consortium, called Singapore Health
      372 words
    • 212 11  -  OH BOON PING By FOUR companies yesterday showcased how they can benefit from the adoption of a radio frequency identification (RFID) system, which provides a unique identifier for objects. Yesterday, Media Cart Asia said that it would invest $2.5 million to develop RFID-enabled shopping
      212 words
  • Page 10 Advertisements
    • 314 10 I Place your AGM and EGM I notices in our newspapers. I Call 1800 289 8822 or email I notices@sph.com.sg. I Korea Sparkling Investment Conference 4^«^^k Expo 2007 "Challenging and Enriching: Discover T' <?<£ Tourism Investment Prospectives at WMi JPfJ*? .fS@s Nov.l-3,2007 Seoul, Korea jj'-sJE^J APTIC EXPO 2007 Features *bSt*£
      314 words
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  • Page 11 Advertisements
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      617 words

  • ECONOMY WATCH
    • 622 12 [NEW YORK] Oil demand growth in the United States is faltering under the weight of high prices and mounting economic problems in the world's top consumer as trucking traffic slows and motorists reduce travel. Growth in the giant market over the
      AP  -  622 words
    • 395 12 Bernama EU keen to include sticky labour clause, but ambiguous on people movement [KUALA LUMPUR] India and the European Union enter tough talks next week on the proposed Trade and Investment Agreement (TIA) with the 27-nation grouping keen on inclusion of the
      Bernama  -  395 words
    • 319 12 Bloomberg [WASHINGTON/NEW DELHI] Indian Finance Minister Palaniappan Chidambaram said the government may give tax relief to exporters to cope with the rupee's biggest gain in at least 33 years. "The rupee is causing some discomfort," Mr Chidambaram said in an
      ■ Bloomberg  -  319 words
  • Page 12 Advertisements
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  • MALAYSIA NEWS
    • 514 13  -  PAULINE NG The US firm may set up operations base there and also invest in real estate By in Kuala Lumpur US corporate giant General Electric International has signalled its intention to look at Malaysia's Iskandar Development Region (IDR) in South Johor as a
      514 words
    • 266 13 Reuters [JAKARTA] Indonesian fund managers will face stricter rules aimed at strengthening management in the growing industry, a senior official at the country's capital markets watchdog, Bapepam, said on Wednesday. Policymakers in South-east Asia's largest economy are seeking to develop a stronger mutual
      – Reuters  -  266 words
    • 164 13 Reuters [BANGKOK] Malaysia's car maker Proton plans to raise annual car exports to 100,000 within the next few years from about 44,000 forecast for this fiscal year, chief executive Syed Mohamed Tahir said yesterday. The company expected a substantial portion of its future
      – Reuters; BLOOMBERG  -  164 words
    • 382 13 Bloomberg [KUALA LUMPUR] Petroliam Nasional Bhd, Malaysia's state oil company, agreed to buy Woodside Petroleum Ltd's assets in Mauritania for US$4lB million, boosting overseas revenue as output falls at home. Petronas will take over 47 per cent of the Chinguetti field, Mauritania's only
      Bloomberg  -  382 words
  • Page 13 Advertisements
    • 91 13 OTO Specialty Shops: Bishan Junction 8 Bukit Panjang Plaza Heartland Mall Hougang Mall IMM Jurong Point Parkway Parade People's Park Complex Plaza Slngapura Sun Plaza Tamplnes Mall Vivo City Also available at: Carrefour Hypermarket (Suntec City) Courts Megastore John Little (Causeway Point) NTUC 'r» n/^+ mo/"!!/-* l+'o II lO+ O^IAnOA
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  • GREATER CHINA
    • 697 14 Reuters Robust domestic stock market could mean approval of stock index futures [BEIJING] A couple of trillion dollars can do wonders for your confidence. Five years ago, China's stock markets were in the middle of a four-year slump that stirred investor anger and was
      – Reuters; AFP  -  697 words
    • 7637 14 UNIT TRUST FUNDS ABN AMRO Asset Mgt (Spore) Star Europe Eqty!** 1.084/ Star Europe Bond 1.209/ Star Europe Bal 1.264/ Star Asian Tiger Eqty 1.731/ Star Asia Bond 1.282/ Star Asia Balanced 1.117/ Star Global Technology Fund!" 0.247/ Multi St Fd 0.963/ Star Asia Bond(USD) 0.855/ Gib Multi St USD
      7,637 words
    • 2384 16 ,ep 27 RM (000) A& M Realty 0.96 AbricBhd 0.28 advance Synergy 0.32 Adventa Bhd 1.51 Ae Multi Hldgs 0.30 Win Holdings 2.50 Ahmad Zaki Resou 4.46 AicCorp 0.55 Airasia Bhd 1.83 Akn Messaging Te 0.20 Akn Technology 0.85 alliance Financi 3.14 aluminium Co 1.27 Amalgamated Ind 0.53
      2,384 words
    • 415 16 AP Agency likely to be called China Investment Corp (CIC), say reports [BEIJING] A government fund that is to invest part of China's US$l.3 trillion in foreign currency reserves is due to be officially launched tomorrow, according to news reports. Financial analysts are watching the
      AP; REUTERS  -  415 words
    • 278 16 Reuters [HONG KONG] China's new state investment agency has denied a report that it is building a stake in Hong Kong Exchanges and Clearing Ltd (HKEx), the Hong Kong Economic Times reported yesterday. The denial came after The Times of London quoted bourse insiders
      Reuters  -  278 words
  • Page 14 Advertisements
    • 90 14 Allianz Global Investors one of the world's largest asset managers with more Allianz (jjj) than US$l.2 trillion assets under management as at 31 December 2006. Global lnvestors *-> company regn. no *****7169Z ttttt BUY DURING TIMES OF PESSIMISM Bull markets are born on pessimism, grow on scepticism, mature on optimism
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  • Page 16 Advertisements
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  • INDIA
    • 577 17 Reuters The company faces tough resistance from small retail traders, politicians [NEW DELHI] Reliance Industries Ltd (RIL), India's biggest listed firm, is laying off 1,000 staff in the country's most populous state after failed attempts to reopen Western-style supermarkets, which closed
      – Reuters; BLOOMBERG  -  577 words
    • 471 17  -  CATHERINE WONG The Indian petroleum firm is 325 th in the Fortune Global 500 list By in New Delhi AT the annual shareholders' meeting of Bharat Petroleum Corporation (BPC), chairman and managing director Ashok Sinha, was upbeat about the company's performance. Sales turnover
      471 words
  • Page 17 Advertisements
    • 189 17 HONDA The Power of Dreams w\ in the Our jazzy carnival with irresistible offers* from 22nd to 30th September 2007 From $604/ month SMS <INFO> space <YOUR PREFERRED MODEL> space <BT> space <YOUR NAME> and send It to ***** (Honda) for more information. Showroom hours: Extended until 9pm J this
      189 words

  • ASIA-PACIFIC/WORLD
    • 526 18 -NYT Regulator checking whether they inflated ratings of mortgagebacked securities [WASHINGTON] The Securities and Exchange Commission (SEC) has opened an investigation into whether the credit-rating agencies improperly inflated their ratings of mortgage-backed securities because of possible conflicts of interest, the head of the
      -NYT  -  526 words
    • 221 18 Reuters [DUBAI] Warner Bros Entertainment has agreed with United Arab Emirates' Aldar Properties and a UAE media company to set up a film and video game production firm, statecontrolled Aldar said on Wednesday. The companies, including Abu Dhabi
      Reuters  -  221 words
    • 553 18 NYT Bank of America, Wachovia, Citic, China Construction also interested [NEW YORK] Bear Steams, its shares and reputation beaten down after the collapse of two hedge funds, has held talks with several investors, including Warren E Buffett, concerning
      NYT  -  553 words
    • 534 18 Reuters [GREENWICH, Connecticut] The US Securities and Exchange Commission (SEC), having lost its bid to force hedge funds to register as investment advisers, still has sufficient tools to probe industry fraud and is pursuing a number of insider trading cases, SEC enforcement officials
      Reuters  -  534 words
    • 535 18 AP [LONDON] A year after being ousted from power, former Thai prime minister Thaksin Shinawatra criticised his country's military junta and laid out his plans to run his British soccer club and engage in charitable activities. "Since the overthrow of my government, the military junta
      AP  -  535 words
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  • AVIATION/SHIPPING
    • 403 19  -  YEN SREENIVASAN Orders are for both Airbus and Boeing aircraft due for delivery from 2010 By BRITISH Airways (BA) yesterday announced an US$B.2 billion order for 61 new long-haul aircraft from Airbus and Boeing. BA's biggest plane order in a decade is part
      403 words
    • 290 19 -Bernama [KUALA LUMPUR] No-frills airline, Air Asia Bhd, continues its efforts to achieve the objectives of its corporate social responsibility (CSR) programme with the recent upgrading of its fleet with the purchase of 150 Airbus A 320 aircraft. In a
      -Bernama  -  290 words
    • 111 19 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KiVentures Keppel Corp Labroy Marine MTQCorp NOL Pacific Shipping Pan-United Corp Rickmers Mari Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship Star Cruises 0.89 0.36 5.65 1.35 6.30
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    • 37 19 '000 Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings Nepline Brid PDZ Holdings 1.33 9.85 9.75 4.40 2.94 0.27 2.17 0.02 unch -0.05 0.14 -0.01 0.02 -0.02 423 694 660 2155 985 32 7
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    • 12 19 '00 ■recious Ship Jegional Cont .37.00 .31.75 unch -0.50 1619 1913
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    • 14 19 '000 27 HK$ Vol Doil iingamas Cont .72.30 ...4.40 -0.70 -0.05 2939 1436
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    • 25 19 '000 2J_ Peso Vol Aboitiz Equity Intl Container Keppel Marine Keppel Prop 6.90 37.50 unch unch 0.10 0.50 unch unch 995 B24 0 0
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    • 26 19 27 NTS Vol Evergreen Marine ....27.45 :irst Steamship 77.90 /Van Hai Lines 25.50 r"ang Ming Marine ..26.45 unch -1.30 -0.30 -0.75 34 2 13 22
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    • 45 19 '000 Se| 27 Yen Vol Kawasaki Hvy Ind ..450.00 20.00 ***** Kawasaki Kisen ...1693.00 -10.00 7143 Mitsubishi Hvy 737.00 17.00 ***** Mitsui Eng&Sbldg ..655.00 11.00 ***** Mitsui Osk Lines ...1859.00 12.00 8178 Nippon Express 560.00 -9.00 6874 Nippon Yusen 1134.00 21.00 6927 Source: Reuters
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    • 211 19 Xinhua [JAKARTA] Flag carrier Garuda Indonesia plans to revive its Jakarta-Amster-dam route as soon as the European Commission (EC) lifts its ban on Indonesian airlines flying to the continent, local press said yesterday. The government was hopeful that after the lifting of the ban,
      Xinhua  -  211 words
    • 134 19 Bloomberg [SEATTLE] Boeing Co, the second-largest US defence contractor, won an order valued at US$l.32 billion to build 24 F/A-18 fighter aircraft and related equipment for Australia. The planes are being purchased through the US Foreign Military Sales Programme, the Defense Department said on
      Bloomberg  -  134 words
    • 253 19 Bloomberg [HONG KONG] China, the world's biggest grain consumer, will cut rail costs to ship cereals from its main north-east production region, seeking to ease rising food costs that have driven the inflation rate to a 10-year high. The surcharge on
      Bloomberg  -  253 words
    • 464 19 -Bloomberg [LUXEMBOURG] Airlines may be able to include technical difficulties as a reason for not compensating passengers on cancelled flights, an adviser to the European Union's highest court said yesterday. In a case brought against SAS Group's Scandinavian Airlines, passenger Eivind Kramme complained that
      -Bloomberg; AP  -  464 words
    • 2380 19 AIRLINE CODES: AA American Airlines (AAL), AF Air France (AFR), Al Air India (AIC), AY Finnair Oy (FIN), AZ Alitalia Airlines (AZA), BA British Airways Public Ltd Co (BAW), BG Biman Bangladesh Airlines (BBC), Bl Royal Brunei Airlines Sdn Bhd (RBA), BO Bouraq Airlines (BOU), BR
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  • SHIPPING
    • 537 21  -  NISHA RAMCHANDANI Global supply chains need to be prepared for terrorism, pandemics, natural disasters, forum told By THE role of the logistics professional is evolving from supply chain manager to risk manager, as global supply chains are increasingly exposed to risks such as
      537 words
    • 869 21  -  SELVA KUMAR ADMIRALTY CASEBOOK By THE English Court of Appeal has upheld a decision to award damages of almost US$l.4 million to a vessel owner for loss of profits due to the late redelivery of its vessel by a time charterer. Earlier this month, the
      869 words
    • 269 21 Reuters [HONG KONG] North China Shipping Holding Co Ltd aims to raise at least US$7OO million in a Hong Kong IPO, hoping to ride record freight rates for the transport of raw materials, sources said yesterday. The Hong Kong-based arm of privately
      Reuters  -  269 words
  • Page 21 Advertisements
    • 223 21 SALE/RENTAL REPAIR Ocean Harbour Flattop barges 180x50x10; 120x40x8; 150x50x10; 180x60x12; 230x70x14; 210x60x12; 330x100x20. Tugs 625 to 3200bhp Twin Screw Tugs Crane Barge: 280 ton, 250 ton, 200 ton Vessel Floating repair fabrication available Interested please CALL David Kwek at *****997. Kirn Heng Maritime Take Flight and Soar with Smiles k.^
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  • MARITIME WEEK '07
    • 1257 22  -  TOMMY KOH Article 43 of Unclos helps keep Malacca, Singapore straits safe, secure and clean By! THE straits of Malacca and Singapore are among the world's most important sea lanes. Half of the world's trade and a third of its oil exports pass through
      1,257 words
    • 555 22  -  CONRAD RAJ Participants sing praises of the event driven by MPA and which drew 4,000 By A JOB well done. That was the sentiment expressed by many who participated in the various programmes during Maritime week which ends today.
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  • Page 22 Advertisements
    • 74 22 M P A SINGAPORE This series is brought to you by the Maritime and Port Authority of Singapore The global maritime economy is booming and Singapore, with its growing status as an B3L International Maritime Centre, i is well placed for your business needs. So let Singapore be your ifr"*—l.,
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    • 136 22 irriWiFOjl'iiMli'iMji'liii^^ifi g Photo i^pflßßlß^Mp |F (Left) Mr Hans-Dieter V H^f \V I Bw 1 Bott, Managing I J Director, Siemens Re A«L Ltd and 3rd Maritime *7*. A% Ik^l R&D Advisory Panel p" IP1 Member together with ILj^ (Right) Mr Sven Ullring, WJ, P* Chairman of The Fridtjof Nansen Institute,
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  • EDITORIAL & OPINION
    • 468 23 IT'S one thing to celebrate the virtues of an unregulated market, quite another to put the principle into practice; all the more so when it's a market like the media, which is undergoing a profound transformation on the back of the infocomm revolution. So it's
      468 words
    • 1069 23  -  LEON HADAR he house of cards is falling amid soaring oil prices, diving home sector and credit crunch IT will be recalled as a Golden Economic Age, the Greenspan Era, or the Goldilocks Economy- but one thing is clear: The good
      AFP  -  1,069 words
    • 792 23  -  FRANK CHING THE BOTTOM LINE WHILE all eyes are on the personnel changes to be announced at the 17th congress of the Chinese Communist Party, to be opened on Oct 15, equally important are the changes to be made
      792 words
    • 1338 24  -  IQBAL SINGH Government policies can only do so much, as spending is a matter of personal choice and freedom By THE government has recently announced a slew of initiatives aimed at helping Singaporeans have a financially secure retirement, including increasing the CPF interest
      FILE PHOTO  -  1,338 words
    • 408 24 LETTER TO THE EDITOR I REFER to the report, "More accountability, stricter regulation with building bill" (BT, Sept 21). The statement, "it is understood that despite a PE and a geotechnical specialist being involved with the construction work on the Nicoll Highway,
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  • Page 24 Advertisements
    • 498 24 EVHVT HIGHUCHTS rj SEPT 29,2007 J| F^mTi m m\ I |J\ 1 Ib W\l I.oopm Home Decor-ICI Dulux Interior Designers ft II i J L Colour Awards 2007 Presented by ICI Paints I I J B I |«V I —^Wtc^fcß (sjpteLtd i^BJ —^ferifi•rrrTi vßp m»i^ B^^l 1.30pm Fengshui Talk Presented
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  • SINGAPORE STOCKS
    • 8682 25 Transaction date: Sep 27 52-wks Tel |h Low Code Last Sale Vol (*000) Hil Day Last Quote Div GrYld Net |h Low Buyer Seller C'vr P/E M Cap $mil Hii Com| ian; 3.5 2 5716 1st Software 22 6.5 3148 8Telecom 34 17.5 5834 A-Sonic 104 98 6389
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    • 69 25 _Hm Low Code Com Sale cooo: _Hm Low Bui Seller C'vr 3. P/E ***** 119 6065 Diamonds 5000 5000 6095 IS DJ US Tech 1000 1000 6097 IS MSCI Spore ***** ***** 6101 ISS&P500 ***** ***** 6170 SPDRS 3730 2590 6235 STI ETF 100 3790 2612.9 6236 STI
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    • 2071 25 SGX SESDAQ 52-Wk Tel High Low Code Last Sale Vol ['0001 Day Last Quote Div GrYld Net MCap Low Buyer Seller C'vr P/E $mil Comi Hii 30 13 1181 AAGrp 41.5 18 5000 ABR Hldgs 31 24.5 8538 APStrategic 16.5 1.5 1501 Advanced System 70.5 9.5 1524 Alantac 22.5 8
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    • 263 25 STOCK PRICES LEGEND: Straits Times Index Stocks; N Net 2 or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum offer cdca cum dividend cum
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  • FINANCE & COMMODITIES
    • 364 26 %dy %yr dy yr dy yr Index Change Change Change Change Change Change Sep 26 World Index Preliminan 1163.9 0.6 5.7 0.1 6.3 0.4 9.0 EAFE Prel liminan 1145.4 0.6 3.4 0.1 6.2 0.4 8.8 Euri Preliminary 1561.9 0.7 4.6 0.3 7.6 0.7 10.3 Pacific
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    • 131 26 As at 9am Sep 27 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.3020 1.3180 Can dollar 1.4800 1.4970 Euro 2.1010 2.1250 NZ dollar 1.1050 1.1290 jterlin mnd 2.9970 3.0310 US dollar 1.4880 1.5040 Local dollars to 100 units of foreign
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    • 160 26 Sep 27 Overnight 2 1/8 1-month 2 1/2 2-months 2 1/2 3-months 2 9/16 Overnight mode: 2 5/16 USS Offer 2 2 3/8 2 3/8 2 7/16 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months SFr 5.00 5.15 5.20 5.30 5.20
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    • 22 26 Sep 27 STI SIMSCI Se 448.5 459 456.5 Taiwan Sep 361.5 365 364.8 Source: MF Global (S) Pte. Ltd
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    • 21 26 Sep 27 Bid Offer 1-month 1.4892 1.4899 2-months 1.4858 1.4866 3-months 1.4826 1.4834 6-months 1.4743 1.4752 Source: OCBC
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    • 270 26 Sep 27 RUBBER Futures (Closing prices) RSS 1 (S cents/kg) Month High Low Close Sett Volume (tonnes) Open Interest Oct 07 Nov 07 Dec 07 Jan/Mar 08 Apr/Jun 08 Jul/Sep 08 334.50 333.75 333.75 335.25 339.25 341.50 RSS 3 (US cents/kg) Month Hig gh Low Sett Volume (tonnes)
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    • 104 26 Sep 26 (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Nov 07 990.75 973.00 992.00 977.50 Jan 08 1006.25 989.00 1007.50 993.00 Mar 08 1015.50 996.75 1016.00 1001.00 May 08 1016.00 996.25 1016.00 1000.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Oct 07 38.97 38.64 38.98 38.59
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    • 76 26 CRUDE OIL PRODUCTS Sep 26 US! t/barrel Close Cham Brent blend (1-Mth F) 77.09 -0.62 WTI (Near Mth) 80.38 0.85 Dubai (1-Mth F) 73.93 -0.72 Tapis blend 83.65 -0.45 Minas 79.35 0.4 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 77.50 93.55 0.45 0.95 US$/barrel Opec Oil Basket Price
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    • 447 26 Sep 27 Australia 0.881 6.602 0.622 6.822 34.893 80.318 1.015 8.086 3.003 1.172 53.353 39.526 1.312 6.069 1.029 28.848 30.119 0.435 0.879 Canada 1.135 7.495 0.706 7.745 39.614 91.186 1.153 9.180 3.409 1.331 60.573 44.875 1.489 6.890 1.168 32.752 34.195 0.493 0.998 China 0.151 0.133 0.094 1.033
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    • 89 26 Sep 27 Period Issue code Maturity Yesterday's Bid Hii Day's ill Low 3-Month BQ*****V 27.12.07 1-Year BY*****A 29.09.08 2.06 2.16 2.1 2.1 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's High Low 2-Year N*****0Z 2.375 5-Year N*****1E 2.500 7-Year NX*****F 3.625 10-Year NY*****F 3.750 15-Year
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    • 76 26 Sep 27 1 mth 5.***** 2.***** 2 mths 5.***** 2.***** 3 mths 5.***** 2.***** 6 mths 5.***** 2.***** 9 mths 5.***** 2.***** 12 mths 4.***** 2.***** SWAP Offer rates (S$) 1 mth 2.***** 2 mths 2.***** 3 mths 2.***** 6 mths 2.***** 9 mths 2.***** 12 mths 2.***** SWAP
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    • 61 26 Sep 27 Delivery Month Opening Sett Av Range Price Price Hii Vol Open Done Position Low Oct 07 2648 Nov 07 2640 Dec 07 2632 Jan 08 2625 Total o/p: ***** contracts 2640 2665 2647 2618 2648 2615 2612 2641 2602 2605 2628 2595 Turnover: ***** Market tone:
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    • 176 26 Sep 27 loi) GOLD BULLION COINS (SS) Sellini Hong Kong 728.40 726.30 729.40 727.30 Sep 26 Sep 25 728.00 728.30 728.50 729.00 Source: Reuters (SS) Selling Buying 1 oz 1218.73 1091 UBS GOLD LUNAR KINEBAR (SS) Selling Buying 10gm $426.93 350 SILVER Selling Buying Bit rim London $426.93
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    • 68 26 Aluminium, 99.7% purity (USS/tonne) Close Previous Cash 2413.50 2400.00 3 months 2468.00 2456.00 Copper, Grade A (USS/tonne) Cash 3 months 8003.00 7940.00 8052.00 7995.00 Lead (USS/tonne) Cash 3527.00 3 months 3445.00 3472.00 3405.00 Nickel (USS/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (USS/tonne) Cash 3 months *****.00
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    • 81 26 Sep 26 Close Prev Hii ih/Low Dec 07 1005 1006 1008/997 Mar 08 1014 1014 1016/1006 May 08 1022 1022 1024/1016 Jul 08 1029 1029 1030/1021 COFFEE (USS/tonne) Close Pev High/Low Sep 07 1816 1844 1820/1820 Nov 07 1861 1892 1892/1856 Jan 08 1789 1820 1814/1785 Mar 08 1781
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    • 152 26 Sep 27 Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.3112 1.3124 0.8785 0.8790 Canadian dollar 1.4889 1.4898 0.9975 0.9978 Euro 2.1098 2.1109 1.4135 1.4138 NZ dollar 1.1184 1.1194 0.7493 0.7497 Sterlim ind 3.0180 3.0198 2.0220 2.0225 US dollar 1.4926 1.4931
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    • 350 26 Sep 27 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Dec07 Mar08 Jun08 Sep08 EUROYEN FUTURES 95.190 95.515 95.630 95.680 0 0 0 0 8154 ***** 4356 5987 Dec07 99.150 99.150 Mar08 99.105 99.105 Jun08 99.060 99.075 Sep08 99.000 99.005 Dec08 98.910 98.925 Mar09 98.820 98.820 Jun09
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    • 3175 26 BONDS WARRANTS Tel Code Company Last Sale Vol Conv Exer +or- ('000) Ratio Price Prem Expiry Disc Gear- Mths ing Left 3779 ASL Marine Hldgs W*****1 103 1 80 2036 Advance SCT Ltd W*****9 30 1 704 1663 Allgreen DBS ECW*****1 4 -4 100 1674 Allgreen RB ECW*****0 2.5 1.5
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  • Page 27 Advertisements
    • 2495 27 m The Business Times Shipping Times UK CONTINENT SERVICE U.S.A SERVICE TO*fflWy!if Destination Destination ||jgg STXPOTBN RTM/ANR/TIL MARY G CDN/NFK/SAV/NOL I.NTERAS.A RORO SERVICE I VESSEL/VOY I RAMPQCT) HEIGHT(M) PKG KCH LCB I SIN I JKT Loads Singapore, E./W. Malaysia, Indonesia Loads E./W. Malaysia, Indonesia STRAITS SUCCESS 26 10 32 10/09
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  • Page 28 Advertisements
    • 4030 28 WAN HAI INTERNATIONAL PTE LTD CRN0:**********0/R II PT A P 1 AU I IXTPTU I TTI C<k Clb± TtCA %rm\ ■■ail ■■>■ iiiip* TEL: *****588 (14 LINES) FAX:*****163 I fT J___*Yk3 1 J__ lVl> l_>i\lY I__ll> J___lV, LIU I fjjlf N-J L^J J iSO^/ V\\MNWAN HAI INF\ Corner Service/Bookings Dirert
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  • Page 29 Advertisements
    • 3414 29 WmM H I E SM Nordana (Asia) Pte Ltd IIiSSISI 7 I[» GLO"Y NAVIGATION GROUpI H|^|^jfl Bl^Bl 70 Shenton Way, #21 -03 Marina House Singapore *****8 BM^aQ NORTH WEST EXPRESS LINE f pp pp owns* operatestheYoungest fleet HHHHBHI MONTHLY SERVICE TO WESTERN AUSTRALIA AND ISLANDS [iaTES At[ AttlvAl [iaTES W
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  • Page 30 Advertisements
    • 3882 30 ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number SIN Dest'n
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  • executive lifestyle
    • 1620 31 Increasing sophistication of drinkers allows bars and restaurants to stock a wider variety of whiskies, reports CHRISTOPHER LIM YEARS ago, whisky drinkers here had never heard of a single malt. And even though they've since made single malt scotch increasingly popular in clubs these days, many don't
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  • Page 31 Miscellaneous

  • Page 32 Advertisements
    • 4083 32 I 1/ 1 I n *^!u!^s!L LONGCHEER HOLDINGS LIMITED NTEGRATOR INTERNATIONAL LTD. (Incorporated in Bermuda) (RegisSS^^SlD, If****** N°- *****) (Incorporated in the Republic of Singapore) NOTICE IS HEREBY GIVEN that a Special General Meeting of the Shareholders of Longcheer Holdings Limited (the "Company") will be held at The Oriental Singapore,
      4,083 words

  • ARTS
    • 554 33  -  PARVATHI NAYAR The visual arts are getting a strong showing with the upcoming art fair ARTSingapore, not to mention a myriad of new art shows at private galleries in the city. BT checks out 3 different visual media contemporary photography, traditional
      554 words
    • 533 33  -  PARVATHI NAYAR PROFILE By BEBEL Gilberto is in a bad mood. Whether it is offered as indirect apology or neutral explanation for her general grumpiness, it is a piece of information she gives you upfront. In fact, it's the first thing she
      533 words
    • 442 33  -  WEI-TZE SAM By "YOU may not know how to paint, but all you need is a desire for expression, for creating images," says Loh Kwee Yew, an eminent Singaporean artist. This week, the exhibition, Hidden Talents, puts this belief into effect, showcasing the works
      442 words
    • 389 33  -  PARVATHI NAYAR By EVEN as you climb up to the gallery space titled Third FloorHermes, you are introduced to the work of Korean artist Jinnie Sco the geometric shapes she has cut from PVC that wrap around the staircase. Of course, the observant viewer might
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  • Page 33 Advertisements
    • 108 33 I More Amazing Grazing Singapore's most stylish and beautiful Sunday Brunch just keeps getting better. Discover why it's the only place to be Mr for brunch... and discover al fresco adventures and buffet I I that goes beyond, set to a soundtrack of smooth live jazz. j. Vl Taste the
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  • WINE/NIGHT OUT
    • 866 34 Various drinking, eating events offer something for everyone, reports CHRISTOPHER LIM LOVERS of German beer and food always have a reason to grin at this time of the year. We're at the door of Oktoberfest, and with a wider variety of celebrations than ever, you
      866 words
    • 310 34  -  WEI-TZE SAM By JASONS Wine CeUar kicked off its sixth annual International Wine and Beer Fair 2007 yesterday in Vivo City's Central Court. In addition to 350 wine labels from South Africa, Australia, France, New Zealand and the United States,
      310 words
    • 646 34  -  MELISSA LWEE By I in London IF London Fashion Week wasn't about fashion, it would have been called London Party Week. There were no fewer than two parties each night during fashion week, and party-goers were all out to make an impact just like
      GETTY IMAGES  -  646 words
    • 1002 34  -  N KYONG By THE current run on Chateau Lafite is purported to be due to the insatiable demand from China. It seems that in a recent movie, Chateau Lafite was featured as the finest French wine and so the name Lafite has since stuck
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  • Page 34 Miscellaneous
    • 326 34 CRYPTIC CROSSWORD ACROSS 1 There's nothing loud in I 1 2 3 4 5 6 7 torch giving sudden illuminated burst BB_ BB__BB__HB_ 9 Element last character ineluded (4) J L 10 Dorothy put mould next to printer (3,6) T212 Release? (6) 13 Subatomic particle from Tv- WM WM Hl4
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  • CLIPPER ROUND THE WORLD RACE
    • 748 35 The crew has to negotiate an infamous bay, wind shadows and doldrums in varied weather conditions during the complex Atlantic crossing, writes VINCENT WEE onboard the Uniquely Singapore Clipper IF one were to just look at the charts, the passage from La
      ONEDITION  -  748 words
    • 454 35 CLIPPER ROUND-THE-WORLD RACE IN ocean racing terms you can hardly get a cigarette paper between the yachts of the Clipper fleet at the moment. The boats have spread out across a line running roughly NW-SE and only 80 or so nautical miles separate the leader,
      Photo: ONEDITION  -  454 words
  • Page 35 Advertisements
    • 134 35 This series on Uniquely Singapore's adventures in the Clipper 07-08 Round the World Yacht Race is brought to you by ■n^'i'Mi THE BUSINESS TIMES Business Times journalist Vincent Wee, who navigated around the world in the Uniquely Singapore Clipper boat in the 2005-2006 race, is taking part in the first
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  • CINEMA/MUSIC
    • 563 36 With a ludicrous plot, elaborate gun fights and rising body count, Shoot 'Em Up is like the money shot that's merely messy rather than sexy, says PARVATHI NAYAR TO do violent-kinky on celluloid, with style, is no easy task: you've got to push
      563 words
    • 378 36  -  PARVATHI NAYAR DVD By THE subject matter is incendiary underage sex, lesbianism, obsession and the acting by Judi Dench and Cate Blanchett is unflinchingly honest. Still, Notes on a Scandal comes off as an oddly one-note film about transgressive desires. That is not
      378 words
    • 574 36  -  GEOFFREY EU By THE concept of raising a stranger's child may not be anything new in the Singapore context but it's something else altogether in the rarified atmosphere of Manhattan's Upper East Side, where mothering tends to get in the way of a
      574 words
    • CD REVIEWS
      • 470 36  -  BEN MUNROE Drastic Fantastic XT Tunstall EMI Rating: B- Reviewed by THERE'S nothing like setting yourself up for trouble by labelling your second studio album "fantastic" you're just asking for some harsh critiques. Thankfully, XT Tunstall is generally pretty fantastic, and she's slowly establishing
        470 words
      • 628 36  -  CHEW XIANG Seascapes (SACD) Sharon Bezaly (alto flute/piccolo) Singapore Symphony Orchestra, Lan Shui (conductor) BIS Records Rating: A Reviewed by I DON'T know which sea Debussy was thinking of when he began work in 1903 in Burgundy on the symphonic sketch La Mer, which opens this
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  • BOOKS
    • 708 37 Daniel Silva's latest thriller has sharp plotting, build-up of suspense and plentiful twists and turns, says PARVATHI NAYAR AMERICAN spy novelist Daniel Silva is nothing if not topical. His thrillers are set amid the crimes of our time, namely terrorism, its causes
      708 words
    • 510 37  -  DANIEL BUENAS By EVER wonder what it might be like, living an entire year without using made-in-China products? Until the recent spate of bad publicity over hazardous China-made toys, food and other manufactured products, most Singaporeans would have considered the thought absurd. So trust
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  • Page 37 Advertisements
    • 148 37 More than 250 years of uninterrupted history f '[1 FIJI P /ill HI Et r^ J r ERo^coi, ■I 111 l [O/f^' °P I m /oi SUNDAY CONTEMPORARY RETROGRADE ll^^^ J I^^^^^ DATE AND DAY PATRIMONY ||Li5W. 0 42.50 mm pink gold case. Caliber GB J*i^*^!S^ fc 2460R31R7 Poingon de
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