The Business Times, 12 June 2009
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2009-06-12
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The Business Times
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Title Section20 2009-06-12 1 THE BUSINESS TIMES Ssl.oo online at http://www.businesstimes.com.sg S|£l A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA (P) 197/08/2008 Friday, June 12,200920 words
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756 2009-06-12 1 SIOW Ll SEN - SIOW Ll SEN Traders tap LCs again, avoid complex hedges; volumes pick up, fees moderate By [SINGAPORE] Singapore traders are buying and selling again and funding costs have returned to more normal levels, although the recovery is not across the756 words
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MARKETS DIGEST
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Article29 2009-06-12 1 Bloomberg SINGAPORE 5.38 MALAYSIA 5.55 HONG KONG 5.00 INDONESIA 16.256 TAIWAN 4.776 JAPAN 1.475 KOREA 9.33 BRITAIN 0.50 US 3.25 CANADA 2.25 SWITZERLAND 0.53 INDIA 12.25 Source:: Bloomberg - 29 words
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Article48 2009-06-12 1 lursi lay lange 1COMP 1,088.96 +5.99 IIKKEI225 9,981.33 -10.16 IANG SENG 18,791.03 +5.37 ;et index 627.07 +2.52 JAKARTA COM P 2,089.58 -19.23 IANILACOMP 2,598.80 +68.08 ;eoulcomp 1,419.39 +4.51 ;henzhen b 466.74 -3.37 IUMBAI IND 15,411.47 -55.34 12 noon EDT Change )OW 8,801.83 +62.81 IAS DAI 1,864.07 +10.9948 words
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Article46 2009-06-12 1 IS$ (S$ ier US$) 1.453 (US$/S$ ii 1.638 2.380 :uro ;us$/s$/e; 1.399 2.033 Foreii in curreno ier US$ 1$ 'EN 97.80 67.30 3.515 2.419 IK$ 7.752 5.335 !AHT 34.12 23.48 lUPIAH 10,095 6,948 1ENMINBI 6.835 4.705 INDIAN RUPEE 47.54 32.72 1.235 0.850 IZ$ 1.567 1.07846 words
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633 2009-06-12 1 AP, Reuters Bloomberg Takeover of Merrill Lynch was forced upon the bank, Republicans say [WASHINGTON] Merrill Lynch was bought before it went under, but the fallout now threatens to tarnish Federal Reserve chairman Ben Bernanke and then-Treasury secretary Henry Paulson. The– AP, Reuters Bloomberg - 633 words
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Advertisement8 2009-06-12 1 m -^^M^^ BREITLING 111 I^B Htfl )^^H if8 words
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Page 1 Miscellaneous
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Miscellaneous79 2009-06-12 1 COMPANIES SINGAPORE °^IIJ| HINI PAULVOLCKER ftjl^ Raffles Education retreats ARTS FESTIVAL V V WHO declares Questions US$ role $8 I on news of share placement From liberation music to mtfl t pandemic as global currency m page 5 songs about history page 25 pf page 13 page 4 .V. PBr-^T79 words
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TOP STORIES
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551 2009-06-12 2 Bloomberg, Reuters LATEST US DATA Claims for jobless benefits fall for third straight week, lower than forecast [WASHINGTON] Retail sales rose in May for the first time in three months as US shoppers returned to showrooms seeking bargains from ailing carmakers,– Bloomberg, Reuters - 551 words
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THREE-MINUTE DIGEST
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64 2009-06-12 2 SINGAPORE traders are buying and selling again and funding costs have returned to more normal levels, though the recovery is not across the board, bankers say. According to global payments platform Swift, February-to-April trade volume out of Singapore declined 3-564 words
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66 2009-06-12 2 MERRILL Lynch was bought before it went under, but the fallout threatens to tarnish the Federal Reserve chairman Ben Bernanke and then-treasury secretary Henry Paulson. The charge? That the Fed threatened to force the ouster of Bank of America chief executive66 words
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61 2009-06-12 2 US RETAIL sales rose in May for the first time in three months as US shoppers returned to showrooms seeking bargains from carmakers, with little sign of an underlying rebound in spending. The rise of 0.5 per cent came after61 words
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49 2009-06-12 2 SPEAKING in Beijing, former US Federal Reserve chairman Paul Volcker last night acknowledged the legitimacy of China's concerns over the dollar and questioned whether it was in the long-run interests of the US to continue providing an international currency. TOP STORIES, PAGE 449 words
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51 2009-06-12 2 AFTER soaring in price by more than two-fifths in just one month, the stock of Raffles Education Corporation retreated by as much as 12.5 per cent yesterday on news of a share placement to raise a net of some $101 million. COMPANY NEWS, PAGE51 words
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Article66 2009-06-12 2 BEYONICS Technology swung into the red in the third quarter as revenue fell by more than one-fifth but general and administrative overheads stayed almost constant. The group posted a net loss of $2.61 million for the three months ended March 31, reversing from a66 words
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63 2009-06-12 2 THE Ministry of Health signed a memorandum of understanding with three nursing homes yesterday to rebuild their premises as part of a new funding model. MOH will fully fund the building of new and better-equipped premises for the three homes Bright Hill63 words
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84 2009-06-12 2 MALAYSIA Airlines is expected to post a loss, which could exceed RM2 billion (SsB2B million), on fuel hedges gone awry for its first quarter to end March. RHB Research estimated the national carrier's loss in the region of RMI.7 billion, a projection84 words
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Article, Illustration879 2009-06-12 2 KALPANA RASHIWALA - KALPANA RASHIWALA Prices breach $3,000 psf, speculators on the prowl; analysts advise restraint [SINGAPORE] The high-end property market is starting to soak up the sunshine again. Developers of some luxury residential projects have reported a slight pick-up in sales since May. The Orchard Residences,879 words
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497 2009-06-12 2 S JAYASANKARAN - S JAYASANKARAN Big bets on property boom in Middle East run into roadblock in Kuala Lumpur AT least two Malaysian companies have run into trouble over construction projects in the Middle East, highlighting the pitfalls of doing business in unfamiliar business conditions.497 words
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Article, Illustration655 2009-06-12 4 ANTHONY ROWLEY - ANTHONY ROWLEY He questions if US$ as an international currency is in US's long-term interests SPEAKING in Beijing's Great Hall of the People, former US Federal Reserve chairman Paul Volcker last night acknowledged the legitimacy of China's concerns over the dollar and questioned whetherBLOOMBERG - 655 words
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584 2009-06-12 4 Nations' home-bias lending moves risk destabilising world [BEIJING] World financial leaders meeting in Beijing yesterday endorsed the prospect of global economic recovery accelerating into next year but warned that it could still be derailed by a series of threats that lie ahead. They also584 words
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332 2009-06-12 4 [BEIJING] China's banks are poised to go on the acquisition trail overseas, as crisis-hit banks elsewhere move to dispose of assets as part of a financial deleveraging process, a leading Chinese banker said yesterday. The crisis presents an "unprecedented opportunity" for Chinese banks, said332 words
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538 2009-06-12 4 -AP [SHANGHAI] China's securities regulator is allowing initial public offerings (IPOs) to resume after a ninemonth hiatus after setting new rules that are expected to improve the odds for smaller investors. Shares rose yesterday after the China Securities Regulatory Commission (CSRC)-AP - 538 words
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Advertisement1097 2009-06-12 3 Cap/taCommercial Trust 1 -FOR-1 RIGHTS ISSUE -AHPKfI Subscription and TODAY! "Nil-Paid" Rights Trading I I^^B I I i /;;irPi to closing price of 551.06 per Unit on 21 May 2009 (day before announcement) P^^ZTtiiiliUl V F3? based on pro forma 2008 DPU of 5.91 cents' I*divided1*divided by the Rights Issue1,097 words
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Advertisement43 2009-06-12 4 Register Before: 15 AUGUST 2009 Sectors Focused: g tourist products foodstuff electronics electrical appliances ICT products The 6^ China-ASEAN Expo Business Opportunity Conference Time: June 19, 2009, 10:00 am-14:00 pm Venue: Singapore Orchard Hotel (Invitation is requested. For more details, please contact us.)43 words
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COMPANY NEWS
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Article, Illustration664 2009-06-12 5 JAMIE LEE - JAMIE LEE It will issue 160 m new shares at 64< each to institutional and other investors AFTER soaring in price by more than two-fifths in just one month, the stock of Raffles Education Corporation (REC) retreated by as much as 12.5FILE PHOTO - 664 words
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543 2009-06-12 5 EMILYN YAP - EMILYN YAP THE stalemate between two of Thakral Corporation's biggest shareholders Hong Leong Asia (HLA) and the Thakral family looks set to continue now that the latter has doubled its stake in the company it founded. In fact, HLA may find it543 words
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243 2009-06-12 5 EMILYN YAP - EMILYN YAP STRUCTURED finance arranger and alternative asset investor Uni-Asia Finance Corporation is hoping to raise $25.5 million net by placing out 52,199,200 new shares at 50 cents each. Yamasa Co, an existing shareholder of the company, is taking up the new shares for243 words
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Article424 2009-06-12 6 JAMIE LEE - JAMIE LEE The electronics group cites global economic downturn for the fall in sales BEYONICS Technology swung into the red in the third quarter as revenue fell by more than one-fifth but general and administrative overheads stayed almost constant. The electronics group, which had424 words
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Article, Illustration235 2009-06-12 6 YEN SREENIVASAN - YEN SREENIVASAN By SINGAPORE Airlines (SIA) will fly the Airbus A3BO super jumbo on the Sin-gapore-Hong Kong route from July 9. Hong Kong will be the fifth international destination and second Asian city to which SIA operates the huge plane. SIAREUTERS - 235 words
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482 2009-06-12 6 Bloomberg [SINGAPORE] Singapore may be poised for its first $1 billion initial public offering (IPO) since 2006 as rallying stocks lure companies back to equity markets, Bank of America Corp's Merrill Lynch unit said. The first IPOs are expected to be from commodities– Bloomberg - 482 words
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362 2009-06-12 7 TEH SHI NING - TEH SHI NING They've more strategic changes in place than those in Europe: survey ASIA-PACIFIC businesses, including those in Singapore, are responding to the recession with more strategic changes than their European counterparts, a KPMG survey has found. In April, 850 senior deci-sion-makers with362 words
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Article, Illustration311 2009-06-12 7 PETRA Foods, a major manufacturer and supplier of cocoa ingredients and branded consumer confectionery products, has started full commercial production at its new state-of-the-art cocoa processing plant in Hamburg, Germany. This followed successful production trials which began in April this year. The new HamburgFILE PHOTO - 311 words
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359 2009-06-12 7 NISHA RAMCHANDANI - NISHA RAMCHANDANI FKIIN 1 ii\(j specialist Apress Holdings posted a 19.3 per cent year-on-year decline in net profit to $1.95 million for its third quarter ended April 30, on the back of lower revenues. Revenue for the quarter came in at359 words
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COMPANY BRIEFS
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58 2009-06-12 7 UNITED Envirotech has agreed to buy all the shares in a wholly owned China subsidiary of Tongji Environment (Asia) Pte Ltd. The purchase price of $4.7 million will be satisfied by the issuance of convertible bonds bearing an interest of 3 per cent. The58 words
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85 2009-06-12 7 SINOTEL Technologies Ltd has added Barron Partners LP to the group's list of shareholders. Barron Partners and accounts managed by Barron Capital Holdings Inc bought six million shares at 22 cents each from Pan Liang, the executive director of the group. The shares represent85 words
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70 2009-06-12 7 ABTERRA has entered into a share swap agreement with Hong Kong-listed Leßoi Holdings. Abterra will take up 385 million new shares in Leßoi at 43.5 Hong Kong cents each, while Leßoi will subscribe for 255 million new shares in Abterra at 12.3 cents70 words
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Article53 2009-06-12 7 ELECTRONIC component supplier Ultro Technologies may be entering the mineral and resource industry. It signed a memorandum of understanding with a former customer for the supply of sand yesterday and said that it will decide whether to proceed with the business diversification after a trial53 words
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Advertisement2383 2009-06-12 6 W*27 rTK^rT/nrr To"free: 180°-289-8822 V IV 11| I I L W Email: notices@sph.com.sg _L V^>/ jL J.VJ i' k3 www.cats.com.sg (&T*i-IT CMZ HOLDINGS LTD IL/ Registration No. *****5314R ™j =—j j-y (Incorporated in the Republic of Singapore] 3IU =3 Jil S3 (the "Company") NOTICE OF ANNUAL GENERAL MEETING NOTICE IS2,383 words
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Advertisement20 2009-06-12 7 A i^A\ _n!HIH\PacK these t*Ps F-_S _____________I^'\^-^KKinEl___{lvKKJu___V V. __■_____^_^___^_H^!i__l_HMlT4T■l"-'i«^"-^;a^^*^^^I)!^^ ■>•■■<■■,• _','^.^.~.:^i;''.:.:.:.'^i.'.hViM.uk. V.\KYl> .HhSS-iwKHI^B _______Bt!' fw r^H-%rK_VHHKM___U_Klofl __________B_MflflB#Wlt__Gl_H_M__lral__T_n_^^ i 'in I'll ''St'20 words
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SINGAPORE MARKETS
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Article, Illustration613 2009-06-12 8 CONRAD TAN - CONRAD TAN STOCKS STI slips 0.4% to close at 2,381.81; DBS weighs on index after analyst downgrade STOCKS here eased yesterday, paring their gains on Tuesday and Wednesday. But trading was lacklustre, with no clear direction. The Straits Times Index closed 9.41 points or: Bloomberg - 613 words
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Article99 2009-06-12 8 Up Down Unch Up Down Unch Up Down Unch lulti Ind 4 7 6 0 0 0 4 7 6 lanufacturing 32 83 74 11 10 35 94 84 Commerce 11 31 24 15 35 29 'pt/Stor/Comms 10 25 10 26 :inance 15 15 Construction 15 1799 words
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Article118 2009-06-12 8 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 26,678 26,678 50,239 50,239 lanufacturing 389,131 127,428 516,559 231,940 8,533 240,474 lommerce 203,503 2,923 206,426 153,891 829 154,720 'pt/Stor/Comms 146,567 344 146,911 196,012 52 196,063 :i nance 26,800 30 26,830 222,298 222,299 lonstruction 214,039 10,069 224,108 26,385 167 26,552118 words
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Article101 2009-06-12 8 lapitaLand 3.830 -0.060 lapitaMal 1.380 -0.060 jtyDev 9.470 4-0.050 lomforiDelGrc 1.330 4-0.020 Iosco Corp 1.390 -0.040 IBS Grp 12.400 -0.280 :&N 4.050 4-0.150 ienting SP 0.680 -0.015 iolden Agri 0.435 -0.015 IK Land 3.320 4-0.020 IMH 24.940 -0.080 ISH 13.980 -0.040 lardineC&C 18.540 4-1.340 Ceppel Corp101 words
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Article58 2009-06-12 8 CLOSE BT OB/OS 287.00-211.00 BT CADI -*****.00-161.00 BT 10-day MA -*****.00 +28.00 FTSE ST Mid Cap 546.81 -4.33 FTSE ST Small Cap 450.92 -10.35 FTSE ST All Share 583.37 -3.19 FTSE ST China Top 248.55 -5.24 FTSE ST China 245.35 -6.62 UOB Catalist 105.91 -1.95 SIMSCI 288.7658 words
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Article54 2009-06-12 8 VOLUME RafflesEdu 274,184,000 UniFiber 125,140,000 Equation 64,567,000 Centillion 59,161,000 Golden Agri 58,563,000 Abterra 46,172,000 Straits Asia 46,025,000 Swiber 44,532,000 China Honqxinq 41,617,000 EuNetworks 37,097,000 VALUE(S) RafflesEdu 174,323,575 DBS Grp 106,854,860 Capita Land 90,921,970 Straits Asia 86,351,284 Noble Grp 58,825,500 Wilmar 48,675,310 Olam 44,648,460 Swiber 42,593,570 UOB 42,533,54054 words
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Article107 2009-06-12 8 BY CENTS CLOSE UP 310 392.1 675.0 Thai Prime Fd OCBCO :.93%Pref10 7700 172.0 2.3 Jardine C&C 1854 134.0 7.8 STXPO 100 1512 38.0 2.6 F&N.ES.0906 401 28.0 7.5 MS India 10US$ 1286 24.7 1.3 DBS BNP eCW*****6 157 22.0 16.3 OCBCO 5.1%NCPS 100 9460 20.0 0.2 Kei .and.ES.0906107 words
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Article115 2009-06-12 8 BY CENTS CLOSE DOWN GLD 10US$ 9378 -78.4 -0.6 Omei iNav 1700 -40.0 -2.3 DBS Gri 1240 -28.0 -2.2 SIA 200 1324 -26.0 -1.9 OCBC Bk4.5%NCPS 100 8930 -20.0 -0.2 SIA.ES.0906 1330 -20.0 -1.5 UOB.ES.0906 1548 -16.0 -1.0 S I A 1326 -12.0 -0.9 SGX.ES.0906 777 -12.0 -1.5 JMH115 words
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Article84 2009-06-12 8 iere« S$ stands Jun 11 %CHNG CLOSE FRJun10 YR2009 S$ LOW S$ HIGH USS 1.4505 -0.11 1.5579 1.4308 Euro 2.0337 0.29 2.0732 1.9150 Pounds 2.3885 -0.73 2.3885# 2.0356 AS 1.1816 -1.76 1.1816* 0.9453 Yen* 1.4830 -0.29 1.7278 1.4831 Rupiah* 0.***** 0.56 0.***** 0.***** Baht* 4.2512 0.04 4.3390 4.1040 Peso*84 words
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Article, Illustration913 2009-06-12 8 JOYCE HOOI - JOYCE HOOI Raffles Education Corporation June 11 close: $0.62 CIMB-GK RESEARCH, June 11 PLACEMENT to raise $101 million. Placement of 160 million shares at $0.64. Raffles Education announced the placement of 160 million new shares at $0.64 to raise $101.2 million after fees. The issue price represents a: Bloomberg - 913 words
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Article, Illustration494 2009-06-12 8 Reuters CURRENCIES [LONDON] The US dollar edged down against a basket of currencies on Thursday as rising US bond yields raised concerns about burgeoning US debt, and on speculation big emerging countries may move out of US dollar assets. Russia said on Wednesday that– Reuters; AFP - 494 words
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SINGAPORE NEWS
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404 2009-06-12 9 JOYCE HOOI - JOYCE HOOI Villa Francis, Spore Christian Bright Hill Evergreen will get new premises THE Ministry of Health (MOH) signed a memorandum of understanding with three nursing homes yesterday to rebuild their premises as part of a new funding model. MOH will fully404 words
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456 2009-06-12 9 MICHELLE YEO - MICHELLE YEO By HSBC has embarked on a special project All In A Day's Work II targeting underprivileged children with learning difficulties as part of its Corporate Responsibility Challenge. Starting yesterday and lasting for three days, 350 HSBC staff led456 words
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Article, Illustration341 2009-06-12 9 NISHA RAMCHANDANI - NISHA RAMCHANDANI By JENSON Button and the boys from Brawn may have a little bit of competition when it comes to keeping spectators glued to their seats during this year's Singapore Grand Prix. The Formula One racers will be up against a star-studded line-upSPH - 341 words
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438 2009-06-12 9 JOYCE HOOI - JOYCE HOOI Authorities looking out for community spread: minister HEALTH Minister Khaw Boon Wan yesterday said that Singapore would be on the lookout for "community spread" of the HINI flu virus, a defining characteristic of a Phase 6 situation. THE World Health Organization438 words
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355 2009-06-12 9 UMA SHANKARI - UMA SHANKARI By THE Ministry of National Development (MND) said yesterday that it will come up with a framework to evaluate all 16 town councils in Singapore by end-September. The first results based on this Town Council Management Report (TCMR)355 words
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Article354 2009-06-12 9 MICHELLE YEO - MICHELLE YEO By MANY employers are unprepared for the human resources issues related to HINI swine flu, according to a Mercer survey. The survey, which covered more than 400 mid-size and large organisations worldwide in countries such as Singapore, the US, Australia, the UK, China and354 words
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Advertisement132 2009-06-12 9 Silver League Final: Saturday 13 June From 4pm Onwards Gold cup match: Sunday 14 June from 4pm onwards Guest Of honour: Mr. George yeo, Minister for foreign Affairs LADIES BEST HAT AWARD TO RECEIVE AN AUDEMARS PIGUET PENDANT VALUED AT 554,900! This Prestigious Event is Open to The Public and132 words
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ECONOMY WATCH
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Article, Illustration566 2009-06-12 10 -AP Several Fed regions raise expectations of future business activity [WASHINGTON] The economy's sharp downhill slide eased in the late spring and hopes for future business activity improved, suggesting that the worst of the recession has passed. A Federal Reserve snapshot of economic-AP; BLOOMBERG - 566 words
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441 2009-06-12 10 Bloomberg [TOKYO] Japan's economy shrank less than the government initially estimated as business investment and inventories fell at a slower pace. Gross domestic product shrank at a record 14.2 per cent annual pace in the three months ended March 31, less than the 15.2– Bloomberg - 441 words
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Article, Illustration709 2009-06-12 10 -AP [VILNIUS, Lithuania] As Latvia fights speculation about default and painful currency devaluation, its neighbours are nervous that the tiny Baltic country's problems could spread well beyond its borders. Besides the impact on Swedish banks, which are heavily exposed in the Baltic-AP; REUTERS - 709 words
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643 2009-06-12 10 Bloomberg [NEW YORK] The plan by Brazil, Russia, India and China (BRIC) to shift some foreign reserves into International Monetary Fund bonds may be more a signal of their growing financial clout than a lack of demand for US assets. "They'reBloomberg - 643 words
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483 2009-06-12 10 -AP [WASHINGTON] The Federal Reserve lost U555.25 billion in the first quarter on the securities it acquired with last year's bailouts of Bear Steams and insurer American International Group,according to a report issued on Wednesday. The loss on the holdings,-AP - 483 words
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MALAYSIA/INDONESIA
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Article, Illustration538 2009-06-12 11 PAULINE NG - PAULINE NG Wrong bets on fuel prices staying above US$lOO a barrel could prove costly MALAYSIA Airlines (MAS) is expected to post a loss, which could exceed RM2 billion (SsB2B million), on fuel hedges gone awry for its first quarter to endBLOOMBERG - 538 words
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445 2009-06-12 11 Reuters [JAKARTA/HONG KONG] Moody's raised its outlook on Indonesia's sovereign rating to positive from stable yesterday, saying the country had strong growth prospects given its reliance on domestic demand and "effective" economic policies. The outlook change for Indonesia's "Ba3" ratings marks a– Reuters - 445 words
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528 2009-06-12 11 Bloomberg [KUALA LUMPUR] IJM Corp and Gamuda Bhd, two of Malaysia's biggest builders, and SP Setia Bhd, a developer, may be included in a new country benchmark stock index next month after their market values rose, Credit Suisse Group said. Stocks thatBloomberg - 528 words
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Advertisement56 2009-06-12 11 sW |^lggj A 1r .mmW t^ I It 5 Jl _____________M_^_____________^______^>_. ___^H J" Af j' J _^^9l____ft?v J^__B^^___h__k. iA iLj^ __^r__*«c_^ x^SBT^ ■If f 3 JhCk li_^S____^S_____^!____i____^______y ■__/T___fr~^'*!^ BS-Kv, 1 II fill j r** f j?jßMEMffwPjtf^l^^^tf^B^7 xi^ THb v^__g^____ys___?^i_^B_BBS3wlßßßKHu W V i L__ ii.iimi—intuit' i^m^m m a9 mP :'M Bfc56 words
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GREATER CHINA/INDIA
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760 2009-06-12 12 -AP [HONG KONG] Strong buying by China has helped lift commodity prices around the world this spring, but growing evidence suggests that a sizeable portion of this buying has been to build stockpiles in China, and may not be sustainable. At least-AP - 760 words
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641 2009-06-12 12 Reuters Figures reinforce evidence that it's leading others on recovery path [BEIJING] Chinese investment surged by more than expected in May on the back of government pump-priming and a recovery in the property sector, helping to offset persistent weakness in demand for its exports.– Reuters - 641 words
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Article, Illustration445 2009-06-12 12 Bloomberg [SYDNEY] Shareholders of OZ Minerals Ltd yesterday approved a plan to sell US$l.39 billion of assets to China Minmetals Group to cut debt after the Chinese company sweetened its offer on Wednesday to fend off rival proposals.– Bloomberg; BLOOMBERG - 445 words
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298 2009-06-12 12 Reuters [SHENZHEN] The mayor of China's affluent southern city of Shenzhen, Xv Zongheng, has been removed from his post by Beijing after being investigated for serious disciplinary offences, the Xinhua news agency reported yesterday. In recent months, a string of officials in the– Reuters - 298 words
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292 2009-06-12 12 Reuters [NEW DELHI] Global defence companies have found India. As the fast-growing Asian economic powerhouse tackles a massive modernisation of its forces to counter China and tackle security threats at home and from Pakistan, defence companies are lining up at India's door for a share– Reuters - 292 words
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262 2009-06-12 12 Bloomberg [NEW DELHI] Indian lawyers said they rejected opening the country's legal market to foreign law firms after a June 8 meeting with Law Minister Veerappa Moily. "Our stand is clear," Bar Council of India president Suraj Narain P Sinha said in an interview on– Bloomberg - 262 words
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Advertisement1019 2009-06-12 12 w WATS _L^l \*J J. J_V___> __L. k3 Toll free: 1800-289-8822 Email: notices@sph.com.sg www.cats.com.sg INTHEMATTEROF INTHEMATTEROF IN THE MATTER OF THE I INTHEMATTEROF I ll ll IM TUE MATTBD lie TUB THECOMPAN.SACT.CAPSO QUANTUM ENERGY SYSTEMS COMPANIES AC, Ci™ 50 THE ZaIeTaCT CAP. 50 UTRON MANAGEMENT PTE LTD COM^E^CT^fo INTHEMATTEROF (IN1,019 words
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WORLD
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Article, Illustration466 2009-06-12 13 ■AP Red Devils receive unconditional offer of £80m for star [LONDON] Manchester United accepted a world record transfer offer for Cristiano Ronaldo from Real Madrid yesterday, clearing the World Player of the Year to negotiate personal terms with the Spanish club. The Premier■AP; AFP - 466 words
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424 2009-06-12 13 Bloomberg [NEW YORK] US foreclosure filings surpassed 300,000 for the third straight month in May and may hit a record 1.8 million by the first half of the year, RealtyTrac Inc said. A total of 321,480 properties received a default or auction notice or were– Bloomberg - 424 words
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656 2009-06-12 13 Bloomberg Now trading at near 7-month high of US$72 a barrel with surprise fall in supply [MELBOURNE] Oil rose for a third day yesterday and was trading near a sevenmonth high of US$72 a barrel after a government report thatBloomberg - 656 words
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Article, Illustration512 2009-06-12 13 AP [GENEVA] The World Health Organisation (WHO) told its member nations it was declaring a swine flu pandemic yesterday the first global flu epidemic in 41 years as infections climbed in the United States, Europe, Australia, South America and elsewhere. InAP; AFP - 512 words
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Article, Illustration356 2009-06-12 13 ■AP [SAN FRANCISCO] Google doesn't believe it needs to change its ways despite three separate US government inquiries into whether some of the Internet search leader's actions are thwarting competition. Since President Barack Obama took office in January, antitrust regulators have targeted Google■AP - 356 words
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Article, Illustration773 2009-06-12 14 NYT But for most others, plan expected to have marginal effect on pay practices [WASHINGTON] The Obama administration's sweeping new proposal to restrict executive pay is likely to be a humbling exercise for seven of the nation's largest companies, which haveNYT; BLOOMBERG - 773 words
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771 2009-06-12 14 -NYT [WASHINGTON] If there is one thing that Kenneth Feinberg does not like to be called, it is a "czar". But the man the Obama administration appointed on Wednesday as the compensation official for companies on federal assistance will have an-NYT - 771 words
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384 2009-06-12 14 Reuters [WASHINGTON] A senior US official said on Wednesday that there was no specific blueprint for exiting government stakes in General Motors Corp and Chrysler as senators pressed for a timetable and several expressed scepticism that taxpayers would ever seeReuters - 384 words
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Article, Illustration923 2009-06-12 14 -AP [DETROIT] Chrysler has been reborn under a new Italian parent, but it can't shake the shadows of its past: It's not selling enough cars, its fleet is tilted to trucks and sport utility vehicles, and help is more than a year away. A-AP; REUTERS - 923 words
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Advertisement797 2009-06-12 13 INTHEMAnEROF INTHEMATTEROF THE COMPANIES ACT, CHAPTER 50 THE COMPANIES ACT, CHAPTER 50 AND AND INTHEMAnEROF INTHEMAnEROF CHANGWON SMC PTE. LTD. ASIA SWISS HOTED PTE. LTD. Company Reg. No. *****5403H COMPANY REG. NO. *****6527W (IN MEMBERS' VOLUNTARY (IN MEMBERS' VOLUNTARY WINDING UP) WINDING UP) At on Extraordinary General Meeting of the797 words
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Page 14 Advertisements
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Advertisement13 2009-06-12 14 Lianhe Zaobao I I Affluent I I 2nd generation driving w\ in China13 words
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AVIATION/SHIPPING
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Article, Illustration513 2009-06-12 15 Reuters China Eastern, Shanghai Airlines form combination task force [SHANGHAI] China Eastern Airlines has set up a joint task force with smaller rival Shanghai Airlines to proceed with a merger, a senior executive said yesterday, paving the way for further consolidation of the country's fiercely– Reuters; REUTERS - 513 words
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Article, Illustration291 2009-06-12 15 VINCENT WEE - VINCENT WEE Minister Raymond Lim leads high profile delegation [SINGAPORE] The Singapore maritime industry made its mark at the key Nor Shipping trade show with a Singapore Pavilion showcasing 13 local companies and a high profile delegation led by Transport Minister Raymond Lim.291 words
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Article2597 2009-06-12 15 AIRLINE CODES: AA American Airlines (AAL), AF Air France (AFR), Al Air India (AIC), AY Finnair Oy (FIN), AZ Alitalia Airlines (AZA), BA British Public Ltd Co (BAW), BG Biman Bangladesh Airlines (BBC), Bl Royal Brunei Airlines Sdn Bhd (RBA), BO Bouraq Airlines (BOU), BR EVA2,597 words
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317 2009-06-12 15 -AFP [GUAM] A mid-air fire forced an Australian budget airliner to make an emergency landing on a remote Pacific island yesterday, just days after 228 people died in a mysterious accident involving the same type of plane. Jetstar's flight JQ2O was about four hours-AFP - 317 words
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TRANSPORT STOCKS
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Article116 2009-06-12 15 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWT Ltd Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KWentures Keppel Corp MTQ Corp NOL Pacific Shipping Pan-United Corp Rickmers Man Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship 0.53 0.25 1 39 0 52 1116 words
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Article37 2009-06-12 15 '000 nt'G Logistics MISC Bhd MISC Foreign Msia Bulk Carrie NCB Holdings Nepline Bhd PDZ Holdings 0.89 8.75 8.50 3.30 2.78 0.03 0.11 -0.01 0.10 -0.05 0.04 unch -0.01 -0.01 38! 6! 271 42) 5; 717!37 words
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Article12 2009-06-12 15 '00 'recious Ship Regional Cont 17.30 ...8.85 -0.10 -0.05 4651 305!12 words
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Article12 2009-06-12 15 '000 lun Soil iingamas Cont 35.15 1.01 -0.40 191; -0.01 *****12 words
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Article22 2009-06-12 15 '000 Aboitiz Equity Intl Container Keppel Marine Keppel Prop 6.70 17.25 unch unch -0.20 unch unch unch 551 1437 0 022 words
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Article16 2009-06-12 15 lun Evergreen Marine ....17.50 :irst Steamship 46.00 Wan Hai Lines 15.65 0.30 1.75 -0.10 116 words
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Article41 2009-06-12 15 '000 (awasaki Hvy Ind ..270.00 20.00 *****3 (awasaki Kisen 444.00 -5.00 6445 Mitsubishi Hvy 391.00 13.00 ***** Vlitsui Eng&Sbldg ..242.00 3.00 8441 Vlitsui Osk Lines ....690.00 -1.00 ***** Mippon Express 403.00 -7.00 5518 MipponYusen 458.00 2.00 8791 iource: Thomson Reuters41 words
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317 2009-06-12 15 Reuters [OSLO] The dry bulk shipping market faces much uncertainty, with oversupply the most important challenge, but demand is picking up, shipping executives said on Wednesday. The dry bulk shipping industry built up a large order book of new vessels during a five-year boom untilReuters - 317 words
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258 2009-06-12 15 ■AFP [PARIS] Airbus yesterday denied a press report that it was considering grounding all long-haul A33oandA34ojetsto change airspeed sensors after an Air France plane crashed into the Atlantic. The French newspaper he Figaro said yesterday the aircraft manufacturer "does not rule out grounding■AFP - 258 words
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EDITORIAL & OPINION
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494 2009-06-12 16 NIELS Bohr, the Danish physicist and Nobel Prize winner, famously quipped: "Prediction is very difficult, especially about the future." Mindful of this, economic analysts seek to anchor their assessment of future trends on past data, preferably data that's as close to the present as possible. But494 words
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Article, Illustration1011 2009-06-12 16 MARC AUBOIN - MARC AUBOIN Public-backed institutions' support inadequate to cover global demand-supply gap THE collapse of world trade is partly due to insufficient trade credit financing. The global market for trade finance (credit and insurance) represents approximately 80 per cent of 2008 trade flows, valued atAP - 1,011 words
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Article, Illustration816 2009-06-12 16 ANTHONY ROWLEY - ANTHONY ROWLEY IT'S hard to know whether Washington or Tokyo should be most concerned over the fact that China is beginning to flex its muscles with regard to the international role of the yuan. The desire by some Chinese bankers to have foreign entities816 words
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Article, Illustration1290 2009-06-12 17 AMITENDU PALIT - AMITENDU PALIT The Congress party's allies in government are not likely to look beyond their own short-term political gains ON MAY 18, 2009, the day after it became apparent that the Congress-led United Progressive Alliance (UPA) would continue to remain in government, India's stockAP - 1,290 words
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Article, Illustration1256 2009-06-12 17 KEITH BRADSHER - KEITH BRADSHER -NYT STRONG buying by China has helped lift commodity prices around the world this spring, but growing evidence suggests that a sizable portion of this buying has been to build stockpiles in China, and may not be sustainable. At least 90-NYT; REUTERS - 1,256 words
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SINGAPORE STOCKS
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Article8852 2009-06-12 18 Transaction date: Jun 11 52-wks Tel High Low Code Last Sale Vol Day Last Quote Div Gr Yld Net ('000) High Low Buyer Seller C'vr P/E MCap $mil Company 8 3 3148 8Telecom 10 2.5 5834 A-Sonic 30.5 12 5000 ABR Hldgs 15 5.5 1938 AEI Corp 88,852 words
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Article1657 2009-06-12 19 52-wks Tel High Low Code Company Last Sale Vol Day Last Quote Div Gr Yld Net ('000) High Low Buyer Seller C'vr P/E MCap Smil 19 5 1181 s AAGrp 32 12 8538 t APStrategic 4 0.5 1501 s Advanced System 9 2 3480 t Adventus 27.5 8.51,657 words
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Article338 2009-06-12 19 _Hm Low Code Conn Sale COM) _Hm Seller C'vr P/E Slllil 109 100 6389 ABFSG Bond ETF 109 918 427 CIMBAsean40 100US$ US653 -5 246 149 DBS STI ETF 100 239 undi 2772 1682 DBXT FTChina25 10US$ ....US2752 5268 3228 DBXT FTVietnam 10US$....US5072 1388 850 DBXTMSTaiwan 10US$ ....US1268338 words
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Article247 2009-06-12 19 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non-Sponsored; t Catalist; N Net 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 offer247 words
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Article9345 2009-06-12 19 UNIT TRUSTS FUNDS I UNIT TRUSTS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced Fund!S 1.847/ AIGIF Spore Bond Fund/A 1.256/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 0.95/ APS Alpha Fund (USD)!** 0.66/ APS Komaba Asset Mgt Pte Ltd APS Komaba Global Bond SGD 0.5122/9,345 words
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Page 18 Advertisements
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Advertisement19 2009-06-12 18 jP^PV STILL IN EXCELLENT SHAPE ROYAL OAK COLLECTION It^i W I \J For enquiries, Tel (65) 6238 6678 www.audemarspiguet.com19 words
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FINANCE & COMMODITIES
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367 2009-06-12 20 %dy %yr dy yr dy yr Index Change Change Change Change Change Change Jun 10 World Index Preliminary 716.9 0.5 5.8 0.4 8.3 0.5 7.3 t EAFE Preliminai 686.9 1.4 5.8 1.3 9.1 1.4 8.1 Euro[ Prelim inan 939.9 1.0 3.1 1.1 8.8 1.2 7.1367 words
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Article133 2009-06-12 20 As at 9am Jun 11 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.1570 1.1920 Can dollar 1.3030 1.3190 Euro 2.0200 2.0430 NZ dollar 0.9120 0.9320 iterlini ind 2.3610 2.3881 US dollar 1.4440 1.4610 Local dollars to 100 units of foreign133 words
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Article169 2009-06-12 20 Jun 11 Overnight 0.03 1-month 7/16 2-months 9/16 3-months 11/16 Overnight mode: 0.20 US$ Offer 0 01 3/16 5/16 7/16 Bid 7 days 1 month 2 months 3 months 6 months 9 months >—■. I. $Au 0.35 0.42 0.70 0.80 1.20 1.65 1.95 Offer 0.25 0.32 0.50 0.60169 words
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Article17 2009-06-12 20 Jun 11 ten STI SIMSCI Jun 291.4 292.3 288.8 Taiwan Jun 236.9 239.0 237.917 words
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Article21 2009-06-12 20 Jun 11 Bid Offer 1-month 1.4523 1.4537 2-months 1.4522 1.4537 3-months 1.4522 1.4537 6-months 1.4521 1.4537 Source: OCBC21 words
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Article61 2009-06-12 20 Jun 11 Delivery Month Opening Range Sett Av Price Price Hii Low Vol Open Done Position Jun 09 2483 Jul 09 2477 Aug 09 2471 Sep 09 2467 Total o/p: ***** contracts 2490 2517 2480 2489 2518 2472 2485 2519 2467 2493 2515 2467 Turnover: ***** Market tone:61 words
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Article286 2009-06-12 20 Jun 11 URODOLLAR FUTURES unO9 iepO9 DecO9 VlariO 99.3625 99.2150 98.7750 98.3800 4855 ***** 5851 3890 EUROYEN TIBOR FUTURES unO9 99.450 99.450 iepO9 99.510 99.510 DecO9 99.510 99.510 VlariO un10 iep10 DedO Vlar11 99.445 99.505 99.510 99.445 99.505 99.505 99.495 99.465 99.410 99.365 99.280 191 63 40286 words
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Article182 2009-06-12 20 Jun 11 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Month High Low Close Sett Volume (lots) 0/1 lots) Jul 09 170.0 AugO9 170.0 Sep 09 Oct 09 NOV09 Dec 09 169.0 170.0 170.5 170.0 170.0 169.2 169.2 169.2 30 52 40 40 40 702 510 658 1036182 words
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Article89 2009-06-12 20 Jun 11 Period Issue code Maturity Yesterday's Bid Day's |h Low Hi, 3-Month BQ*****V 10.09.09 1-Year BY*****W 03.05.10 0.23 0.34 0.15 0.15 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's High Low 2-Year N*****0E 3.125 5-Year NX*****F 3.625 7-Year N*****0S 2.875 10-Year NX*****W 2.500 15-Year89 words
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Article97 2009-06-12 20 Jun 10 (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Jul 09 1246.00 1243.50 1255.50 1237.50 AugO9 1175.25 1177.25 1186.75 1168.00 SepO9 1112.25 1110.00 1120.75 1102.25 Nov 09 1079.25 1072.50 1081.50 1067.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Jul 09 38.61 39.45 39.85 38.18 AugO9 38.7697 words
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Article77 2009-06-12 20 CRUDE OIL PRODUCTS Jun 10 CRUDE (FOB origin) US$/barrel Close Cham Brent blend (1-Mth F) 71.19 1.39 WTI (Near Mth) 71.10 1.14 Dubai (1-Mth F) 70.15 1.63 Tapis blend 75.05 2.10 Minas 73.40 1.90 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene S3.90 77.85 2.95 2.65 US$/barrel Opec Oil77 words
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Article444 2009-06-12 20 Jun 11 Australia 0.894 5.534 0.579 6.275 38.482 81.724 0.792 10.189 2.845 1.268 65.412 38.713 1.176 6.538 0.875 26.544 27.622 0.494 0.810 Canada 1.118 6.189 0.647 7.019 43.041 91.407 0.886 11.397 3.182 1.419 73.162 43.300 1.316 7.312 0.979 29.689 30.895 0.553 0.905 China 0.181 0.162 0.105 1.134444 words
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Article77 2009-06-12 20 Junii 6 mths 1.***** 9 mths 1.***** 12 mths 1.***** SWAP Mid rates (Ss) 1 yr 1.***** 2yrs 2.***** 3yrs 2.***** 4yrs 2.***** syrs 2.***** 7yrs 3.***** 10yrs 3.***** 12 yrs 3.***** 15yrs 3.***** Source: Thomson Reuters (US$) (S$) 0.***** 0.***** 1 mth 2 mths 0.***** 0.***** 3 mths77 words
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Article153 2009-06-12 20 Jun 11 Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1756 1.1768 0.8095 0.8096 Canadian dollar 1.3147 1.3164 0.9053 0.9056 Euro 2.0316 2.0342 1.3990 1.3994 NZ dollar 0.9266 0.9281 0.6381 0.6385 Sterling 2.3788 2.3813 1.6381 1.638: US dollar 1.4522 1.4536 S$IUS$153 words
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Article142 2009-06-12 20 Jun 11 (US! f/oz) Jun 10 Jun 11 Hong Kong London 959.00 853.30 960.00 854.30 Jun 09 Jun 10 953.90 949.55 954.70 950.35 Source: Thomson Reuters CAST BAR (S$) Jun 11 Buying Sellini Kilobar "47,756.24" ***** PAMP GOLD BARS (S$) Selling Buying Igm 5gm lOgm 20gm 50gm lOOgm142 words
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Article67 2009-06-12 20 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 1616.50 3 months 1645.00 1635.40 1663.00 Copper, Grade A (US$/tonne) Cash 3 months 5147.25 5170.00 5149.50 5170.00 Lead (US$/tonne) Cash 1729.75 3 months 1754.00 1706.50 1730.00 Nickel (US$/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00 367 words
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Article71 2009-06-12 20 Jun 10 COCOA (Btonne) Close Prev Hii ih/Low Jul 09 1779 1780 1798/1753 SepO9 1787 1782 1801/1762 Dec 09 1780 1775 1790/1755 Mar 10 1767 1765 1772/1743 COFFEE (US$/tonne) Close Pev High/Low JulO9 1535 1544 1549/1518 SepO9 1550 1557 1562/1532 Nov09 1561 1567 1570/1545 SUGAR (US tonne) White Close71 words
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2479 2009-06-12 20 BONDS, WARRANTS EXTENDED SETTLEMENT rel lode Company Last Sale Vol Conv Exei +or- ("000) Ratio Price Disc Gear- Mths ing Left Asia-PacificStrategicW*****6 3.5 >036AdvanceSCTW*****9 0.5 3092 Asia Environment W*****4 0.5 !816#Asiasons Capital W*****7 7 unch 183 3756 Asiatic Grp (H)W*****2 9.5 H05#AsiatravelW*****7 12 >878Aztech Systems W*****6 0.5 unch 18 19122,479 words
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Page 21 Advertisements
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Advertisement3180 2009-06-12 21 The Business Times Shipping Times M KPI m\\\\ WAN HAI INTERNATIONAL PTE LTD UEN: *****4695 M M £^__T^ W K%_E M^lrrTPfp'fwMfji.yl^^ \TKI\IAIAM UAI I llirr TEL *****588 (KLINES) FAX:*****163 _____l^"" ImT .WM ___<I^^^M B^___f^^^^ll^____ ________M«!____l_B wM^mtmißt \\\_M l WAN HAI INtj PKL TEL: (03) *****55S FAX: (03) *****288 PEN TEL:3,180 words
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Page 22 Advertisements
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Advertisement2968 2009-06-12 22 7**^HB3HBll^B9iHi I linn eastern car liner, ltd inn IjIjIF/^ i i^^j^^ lf-~ specialize in roro heavy lift upto 450 tons WEEKLY EXPRESS SAILING SCHEDULE I WiHll?!iiMTlTli) llHlf^ lljfflfflßE^B^^Biisg I "-"-y" I"y i pi« i sin im i btl Ikkl ■J K!™lfl™ ■M■ 0* m I COOL STAR 139 50 14/062,968 words
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Page 23 Advertisements
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Advertisement467 2009-06-12 23 A Beer-y Happy Father's Day Brunch wines and 13 varieties of beer at Celebrate Father s Day with all-you-can-eat Sunday Brunch at Global Kitchen in June. Gourmet creations, crustacean and oysters on ice and 108 ($BB ithout alcohols a splendid array of desserts are complemented with unlimited Champagne and 13467 words
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Page 24 Advertisements
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Page 25 Miscellaneous
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Miscellaneous549 2009-06-12 25 Celebrating a necessary extravagance LAVISH weddings, elaborate wakes, and the costly wastes of war: extravagances all, yet often deemed necessarily so. Such are the occasions for joy, and of grief, and of the defence of self, values and beliefs. And what of art, which draws on the depths of human549 words
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Page 26 Advertisements
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Advertisement36 2009-06-12 26 taWa t THE HEARTBEAT OF THE INDIAN COMMUNITY THE GREAT INDIAN EGG BAZAAR Fertility tourists are flocking to the country Is Sonal IIS^S-£ Chauhan -"S^ Miss mjb^m^^^^Z Controversy of Indian t^^&^lmSm^ films? tfflGPßil Wmg M... z0&36 words
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Page 27 Advertisements
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Advertisement110 2009-06-12 27 COMPROMISE NOTHING(§^ Every great home theater experience starts with a superior sound system. —7!. —■=''—t,. For those who appreciate Natural liFelike sound, image, ■J impact and aFFordable price Oi GI LOOK N0 furtherTake your home theater experience to the next level with stunning clarity and detail that have made Klipsch110 words
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Page 27 Miscellaneous
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Miscellaneous316 2009-06-12 27 CRYPTIC CROSSWORD ACROSS I Plunge right in, displaying en- B ergy (5) If 1 4 Get the gin ready? (3,1,4) 1 I —^1 8 Score with reverse billiards I I 9 More than one tree gets para- "j~j HB HH sitic growth (3,5) I 1 China, where there's many a316 words
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executive lifestyle
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587 2009-06-12 28 WOU'VE heard of The Da Vinci Code. Now, insurance company AXA has cracked an even greater puzzle: The Singapore Motorist's Code. Incidentally, this has nothing to do with the Highway Code because local drivers are not aware of that either. However, while Tom587 words
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Article, Illustration559 2009-06-12 28 Even as the arts scene in Singapore starts to thrive with more sophisticated local and international productions, local arts groups continue to innovate with new ideas and formats. Three Singapore veterans have developed unique concepts which they feel will jazz up the local theatre scene. They share559 words
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Article, Illustration712 2009-06-12 28 JEREMIAH CHOY ORANGEDOT MANAGEMENT HERE'S how plays are usually produced in Singapore: The artistic director of a theatre company has a vision or idea for the year's line-up; a writer is commissioned; actors are auditioned and voila the production is halfway done. In712 words
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Article, Illustration559 2009-06-12 28 FELINA KHONG ZEBRA CROSSING GETTING jazz singer Laura Fygi to star in a musical is a coup for any company, even more so when the theatre company is homegrown and just over a year old. If Victor/Victoria has a successful run here, and559 words
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WINE
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Article1167 2009-06-12 23 Today's white Graves are a far cry from those of more than two decades ago, says N X YONG I HAVE recently rediscovered some wines that have been in my cellar since the early *****. Among them were some Bordeaux whites that had been lying untouched1,167 words
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ARTS
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Article, Illustration619 2009-06-12 24 CLARISSA TAN - CLARISSA TAN By SOMETIMES, it pays to give some attention to an ugly bird. For writer Richard Seah, focusing on an unattractive feathered specimen was part of his journey to winning the first Ngee Ann Photograph of the Year competition. Seah clinched the619 words
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Article, Illustration906 2009-06-12 24 Francoise Huguierne discovers a different universe behind each front door of HDB flats, even if the doors, and the windows, are the same. CLARISSA TAN reports HEN French I photographer FranM M coise Huguier embarked on a two-month project to explore the interiors906 words
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Article, Illustration613 2009-06-12 24 CHEWXIANG - CHEWXIANG By THIS weekend, the Singapore Lyric Opera is putting on two free concerts one at the Botanic Gardens tomorrow (June 13), and Sunday (June 14) at the Singapore Turf Club. The open-air gigs, featuring a full orchestra and three singers, are meant to613 words
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SINGAPORE ARTS FESTIVAL 2009
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Article, Illustration661 2009-06-12 25 SEE LING LING - SEE LING LING In recreating Chekhov's play, director Lin Zhaohua reflected on the current trend of city dwellers in China buying land in the country, says CHEAH UI-HOON WHEN Russian playwright Anton Chekhov penned The Cherry Orchard in the late 1800s, the socioeconomic661 words
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Article, Illustration538 2009-06-12 25 CHEAH UI- HOON - CHEAH UI-HOON By WHEN Albert Mazibuko was growing up, his father would tell him stories about a great Zulu king. Today, at 61, the songs he still sings about this king, called Shaka Zulu, have won top awards in the global music world.538 words
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Article, Illustration719 2009-06-12 25 CHRISTOPHER LIM - CHRISTOPHER LIM A BRIEF glance at British pianist Joanna MacGregor's programme on Wednesday night might have given the impression that she was roaming around the world. But while that might have been true geographically, with the first half anchored in Europe and719 words
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CINEMA
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Article, Illustration573 2009-06-12 26 AMANDA DE GUZMAN - AMANDA DE GUZMAN By AS soon as the opening credits of The Taking of Pelham 12 3 begin to roll and John Travolta begins to glare threateningly to the thumping beats of Jay Z's 99 Problems, you know you are in for theBLOOMBERG - 573 words
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Article, Illustration682 2009-06-12 26 Drag Me To Hell serves up good old-fashioned horror thrills, says ONG SOH CHIN BEFORE Sam Raimi became a superstar director with the Spi-der-Man franchise, he was already worshipped by movie fans for his horror classics the zom-bie-fest Evil Dead (andAP - 682 words
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Article, Illustration608 2009-06-12 26 GEOFFREY EU - GEOFFREY EU By IN Ghosts of Girlfriends Past, a serial womaniser with an intense fear of commitment is forced to confront his inner monogamist when he's visited by the ghosts of, well, you know who then proceed to show him the error of his ways. AfterREUTERS - 608 words
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Article, Illustration447 2009-06-12 26 JAIME EE - JAIME EE DVD REVIEW YOU know how it is with wedding cake. There's all that elaborate icing and pretty frou-frou which make you feel compelled to take a bite even though you know your teeth will just dissolve in marzipan-in-duced sugar-shock. If you have never447 words
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MUSIC/GAMING
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Article, Illustration905 2009-06-12 27 Triple Play is back to work magic with the SCO, reports CHRISTOPHER LIM SOME might still be reeling from the collision of the worlds of jazz and classical music in the Jeremy Monteiro Tang Quartet Arts Festival performances two weeks ago, but something equally ambitious905 words
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Article, Illustration488 2009-06-12 27 CHRISTOPHER LIM - CHRISTOPHER LIM CD REVIEW Soundtrack For A Book Concave Scream Rating: B+ Timeline Brandon Gan Rating: B Psyche LaDies The Enigmatic Army Rating: C+ By YOU could be forgiven for thinking Singaporean musicians have suddenly stopped singing, judging by the number of local instrumental488 words
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Article, Illustration652 2009-06-12 27 MELISSA LWEE - MELISSA LWEE By WHO would have thought that controlling a bunch of virtual characters would be quite so enjoyable and addictive? And yet the ever popular The Sims franchise: a game where you get to play God with two-dimensional characters (called Sims) is precisely all652 words
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Page 28 Advertisements
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Advertisement13 2009-06-12 28 A member of MCS Circulation Audit. Customer Service (Circulation): 6388-3838, circs@sph.com.sg, Fax 6746-1925.13 words
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Page 28 Miscellaneous
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Miscellaneous11 2009-06-12 28 ARTS FEST Life is just a bowl of cherries PAGE 2511 words
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