The Business Times, 19 February 2010

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Microfilm: NL30589
Total Pages: 31
1 32 The Business Times
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  • Title Section
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    23 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|5l A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 123/08/2009 Friday, February 19,2010
    23 words
  • Article, Illustration
    Lock icon Big China interest may set IPO scene buzzing
    781 1  -  Investment bankers keep their fingers crossed with some major transactions in the offing By CONRAD TAN [SINGAPORE] Several large companies, including some from China, may list here for up to $1 billion later this year if equity markets stay robust, according to
    781 words
  • Article
    Lock icon MARKETS DIGEST
    140 1 ST INDEX 2,769.19 (-24.87) ST INDEX FUTURES 2,767.00 (-27.00) SIMSCI 330.11 (-3.33) SIMSCI FUTURES 329.10 (-5.10) FOREX US$ S$ US$ (S$ per US$) 1.410 (US$/S$ per 1.562 2.203 EURO (US$/S$/E) 1.355 1.910 Foreign currency per US$ S$ YEN 91.00 64.50 RM 3.401 2.412 HK$ 7.768 5.509 BAHT 33.19
    140 words
  • Article
    Lock icon Unit in leafy Siglap sold at $1,634 psf
    454 1  -  Boutique Siglap V development raises eyebrows with high median prices By EMILYN YAP [SINGAPORE] Few would associate the leafy suburbs of Siglap with lofty property prices. But at least one unit at a boutique development there has been sold for $1,634 per
    454 words
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  • TOP STORIES
    • Article, Illustration
      Lock icon Care needed in slowing down foreign worker intake: MM
      716 2  -  Too drastic cutdown would send economy into a downward spiral, he cautions By LEE U-WEN [SINGAPORE] The last few years have seen vast numbers of foreigners flock to Singapore to work, causing concern among some locals who feel their personal space
      CHUNG KUN SOON/LIANHE ZAOBAO  -  716 words
    • Article
      Lock icon Key indicators rise for 10th straight month
      508 2 January producer prices also go up more than forecast LATEST US DATA Bloomberg [WASHINGTON] The index of US leading indicators rose in January for a 10th straight month, pointing to an economy that will keep expanding through the first half of this year.
      Bloomberg  -  508 words
    • Article, Illustration
      Lock icon High time for lower temperatures
      423 2  -  By JOYCE HOOI [SINGAPORE] Selecting the desired temperature for an entire industrial estate may soon be almost as easy as playing the simulation computer game SimCity. JTC Corporation and the National University of Singapore (NUS) yesterday unveiled an air temperature prediction model tool that will
      423 words
    • Article
      Lock icon THREE-MINUTE DIGEST
      580 2 Big China interest may set IPO scene buzzing SEVERAL large companies, including some from China, may list here for up to $1 billion later this year if equity markets stay robust, according to senior investment bankers. Kan Shik Lum, managing director and head of equity capital markets at
      580 words
    • Article
      Lock icon New rules curb London bankers’ post-bonus musical chairs
      594 2 Reuters [LONDON] Britain’s one-off “supertax” and new longer-term payout systems have put paid to London’s traditional springtime merry-go-round of City bankers moving firms soon after they pocket their bonuses. Barring exceptional hires, banks may be loath to poach staff before April 6,
      Reuters  -  594 words
    • Article, Illustration
      Lock icon Corolla hit in US, but S’pore drives a different car
      854 4  -  Washington probing possible defects in the steering system of 2009-10 model By SAMUEL EE [SINGAPORE] Toyota is facing a new problem with the Corolla in the US, this time over the popular compact sedan’s power steering. But in Singapore, the
      FILE PHOTO  -  854 words
    • Article, Illustration
      Lock icon US fuel stocks rise on feeble demand
      504 4  -  By OH BOON PING [SINGAPORE] Crude oil fell yesterday for the first time in three days after an industry report showed a rise in US fuel supplies, sparking concern that consumption spending there may slow down. On Wednesday, the American Petroleum Institute (API)
      AP  -  504 words
    • Article
      Lock icon Fed sets goal for exiting housing finance
      715 4 Aim is to hold only US govt securities in its portfolio Bloomberg [WASHINGTON] Federal Reserve officials set a long-term goal to keep only US government securities in their portfolio as they debated how and when to pull back on the most aggressive monetary
      Bloomberg  -  715 words
    • Article
      Lock icon IMF to sell gold in phases to avoid disrupting market
      647 4 Reuters [SINGAPORE] The International Monetary Fund said it will soon begin sales of 191.3 tonnes of gold remaining in its plan to raise new resources for lending, with traders saying it may seek buyers among Asian central banks. But a
      Reuters  -  647 words
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      269 3 RIGHTEOUSNESS 4 Si u r/i ImpSBBS o I c T iilliiiyiiiiiylllili^r^Mi. 1 iipi III rrs IIIVIPI =s■-=:■= Js ■n n= 1 3" M I 11 -i2sc::aS,-ee ip TT i r„ V 'I? 3 ■=fF HF T HVVV vF "*1? mf 'i? "jr V? v? »y »r ■=m" M? '"if "i?
      269 words
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  • Page 4 Advertisements
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      180 4 WT I S INI O W wmAtyjA) ON! "jur fir Sofa Bed Teak Coffee Table z Wicker Chairs with Teak Table 1.4m Teak Dining Set fc(4+l) 2+ Teak linn IIIII Book Rack $149 UP: $199 Now Now Opium Table jVj* r Kepang UP: $699 Now Teak Study Table UP $499
      180 words
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      41 4 The Institute of Internal Auditors Singapore www.iia.org.sg We have moved Our new address is now at: 138 Robinson Road #18-08 The Corporate Office Singapore *****6 Our telephone and fax numbers remain unchanged as follow: Tel: *****029 Fax: 6220 5972 Email: secretariat(ffiiia.org.sg
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      97 5 I vy Perfectly composed from every angle m* 11 it Q r > N 3Et —-^ss- 1 —sSKfr--IIT -tsi .2—•• :3f& Ghost is designed, engineered and crafted to be invitingly approachable. A sleek profile of classic Rolls-Royce proportions opens up to an uncluttered,yet luxurious interior that cossets every occupant. In
      97 words
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon ST Engineering enjoys 27% rise in Q4 profit
      455 6  -  Revenue up 9%; proposes final dividend of 10.28 cents per share By JOYCE HOOI ST Engineering posted a 27 per cent increase in its net profit for its fourth quarter ended Dec 31, 2009, from $102.3 million to $129.7 million, yesterday. Revenue
      FILE PHOTO  -  455 words
    • Article
      Lock icon Why SingTel isn’t bidding, ask analysts
      231 6 Bloomberg SINGAPORE Telecommunications should explain to shareholders why the company allowed associate Bharti Airtel to bid for Zain’s African wireless assets, instead of offering to buy the businesses directly, analysts at Deutsche Bank said. “This is one of the few African portfolios potentially available,
      Bloomberg  -  231 words
    • Article
      Lock icon Competition Act not breached: JCL
      366 6  -  By JOYCE HOOI JURONG Cement Ltd (JCL) said yesterday there was no breach of fiduciary duties or the Competition Act 2004 when several of its directors, who were also employees of YTL Group, resigned from its board. JCL was responding to a Singapore Exchange (SGX)
      366 words
    • Article, Illustration
      Lock icon Mittal’s credibility tested in Bharti bid for Zain Africa
      1008 6 Bloomberg [NEW DELHI] For Sunil Mittal, Bharti Airtel Ltd’s founder and chairman, there’s a lot riding on the planned US$9 billion purchase of the African assets of Kuwait’s Zain, not least of which is his credibility. The 52-year-old selfmade entrepreneur, who
      Bloomberg  -  1,008 words
    • Article, Illustration
      Lock icon Sembawang Shipyard inks $130m of deals
      370 7  -  They involve repair, upgrading, life extension work; also renews Eitzen deal By VINCENT WEE SEMBCORP Marine unit Sembawang Shipyard continues to boost its order book, yesterday announcing major contracts worth $130 million as well as the renewal of a long-term contract with Eitzen Group.
      BLOOMBERG  -  370 words
    • Article
      Lock icon Otto Marine signs bareboat charter deal with Petra
      249 7  -  By OLIVIA HO OFFSHORE marine group Otto Marine Ltd has entered into a bareboat charter agreement worth US$34.2 million with Petra Resources Sdn Bhd. A bareboat charter is an arrangement for the hiring of a boat, whereby no crew or provisions are
      249 words
    • Article
      Lock icon STX Pan Ocean posts Q4 profit on rate recovery
      266 7 Bloomberg [SEOUL] STX Pan Ocean Co, South Korea’s largest bulk-shipping line, posted a fourth-quarter profit as Chinese demand for coal and iron-ore shipments boosted freight rates. Net income of US$33 million compared with a loss of US$95 million a year earlier,
      Bloomberg  -  266 words
    • Article
      Lock icon China Fishery gets nod to dual-list
      365 9  -  It will offer up to 172m shares on Oslo bourse in bid to get better valuations By JAMIE LEE CHINA Fishery Group has clinched approval from the Singapore Exchange (SGX) and the Oslo bourse for its second listing in Norway. The fishing company the
      365 words
    • Article, Illustration
      Lock icon YUE GAO YUE HAO*
      121 9 United Overseas Bank deputy chairman Wee Ee Cheong (centre) in a traditional lohei session at a Chinese New Year dinner for the bank’s local and regional customers yesterday evening. Mr Wee, who is also CEO, hosted 2,000 guests at the Ritz-Carlton Millenia to welcome the Year
      ARTHUR LEE  -  121 words
    • Article
      Lock icon Abterra gets $20m equity line facility from YA Global
      343 9  -  By MICHELLE QUAH RESOURCES supply chain manager Abterra has secured a $20 million equity line facility from YA Global Masters, managed by Yorkville Advisors in the United States. Abterra, an emerging supply chain manager of resources and minerals in the Asia-Pacific,
      343 words
    • Article
      Lock icon Roxy-Pacific to launch 2 condos; Q4 profit doubles
      402 9  -  By NISHA RAMCHANDANI PROPERTY and hospitality group Roxy-Pacific Holdings expects to launch two residential projects in Haig and Tembeling roads by the end of the second quarter or early Q3. “We’ve started to replenish our landbank through the acquisition of six plots
      402 words
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      Lock icon Page 6 Advertisements Column 1
      302 6 Budget 2010 is widely expected to be expansionary in light of the recommendations stated by the Economic Strategies Committee. This year's budget is anticipated to introduce measures to stimulate the economy, support jobs and further strengthen competitiveness to build for the future. Join our Budget Update 2010 seminar to understand
      302 words
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      Lock icon Page 6 Advertisements Column 2
      62 6 trtz-nm $10 Million Hong Bao Draw Fri, 26 Feb 2010, 9.30pm V lOri s i $268 Pack comes with tickets from top 12 winning outlets. Order online at www.singaporepools.com.sg or via fax using order form available at all outlets and on website. p Always play with care. responsibly] Do not
      62 words
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      21 7 GOOD GAINS Let your investors know by advertising your financial results in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg.
      21 words
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      Lock icon Page 7 Advertisements Column 2
      218 7 Will you? Total Defence aims to strengthen Singapore's defence capability in all aspects military, civil, economic, social and psychological by involving all Singaporeans. The support of our employers in this cause is especially crucial, as they play a vital role in assisting their employees to fulfil their National Service (NS)
      218 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Genting in spotlight as price falls
      576 8  -  Conversion of convertible bonds to shares reason behind drop; STI loses 25 points in dreary session STOCKS R SIVANITHY Senior Correspondent GENTINGSinga-pore’s collapse provided the main talking point in an otherwise dreary session which saw trading dictated as always by expectations of how Wall
      Source: Bloomberg  -  576 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      3 8
      3 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      65 8 Feb 18 VALUE CLOSE BT OB/OS -63.00 -63.00 BT CADI -*****.00-148.00 BT 10-day MA -*****.00 -7.00 FTSE ST Mid Cap 664.31 -8.13 FTSE ST Small Cap 522.24 -3.52 FTSE ST All Share 682.55 -6.40 FTSE ST China Top 270.97 -4.58 FTSE ST China 290.69 -2.24 FTSE ST
      65 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 5 7 5 0 0 0 5 7 5 Manufacturing 34 62 71 3 8 7 37 70 78 Commerce 11 30 25 1 4 6 12 34 31 Tpt/Stor/Comms 10 19 12
      186 words
    • BROKERS’ TAKE
      • Article
        Lock icon Ascendas Real Estate Investment Trust
        443 8 Feb 18 close: $1.91 OCBC INVESTMENT RESEARCH, Feb 18 ACQUIRING three properties for $228.5 million. Ascendas Reit (A-Reit) announced that it has signed two separate conditional sale and purchase agreements to acquire DBS Asia Hub and 31 Joo Koon Circle for $116 million and $15
        443 words
      • Article
        Lock icon Singapore Airlines
        471 8  -  Feb 18 close: $14.60 KIM ENG RESEARCH, Feb 18 Compiled by JOYCE HOOI SIA posted January load factors that were in line with seasonal trends and maintains its momentum of strength. Passenger load factors improved y-o-y by five percentage points, to 79.1, while cargo was posted a similar
        471 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      117 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 19,204 19,204 36,489 36,489 Manufacturing 288,335 7,564 295,899 144,478 402 144,880 Commerce 84,294 10,682 94,976 110,281 2,375 112,656 Tpt/Stor/Comms 69,925 814 70,739 121,093 155 121,248 Finance 24,727 24,727 131,882 131,882 Construction 25,137 4,437 29,574 8,791
      117 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      113 8 Stock name Close Change CapitaLand 3.920 -0.080 CapitaMall 1.780 -0.020 CityDev 10.980 ComfortDelGro 1.550 -0.010 Cosco Corp 1.270 -0.030 DBS Grp 14.120 -0.140 F&N 4.090 -0.060 Genting SP 0.950 -0.070 Golden Agri 0.550 -0.010 HK Land 4.780 -0.020 JMH 30.700 -0.200 JSH 17.320 +0.020 Jardine C&C
      113 words
    • Article, Illustration
      Lock icon Fed minutes help to strengthen greenback
      558 8 CURRENCIES Reuters [LONDON] The US dollar edged close to a seven-month high against a basket of currencies yesterday after minutes showed that US Federal Reserve policymakers had discussed strategies for withdrawing monetary stimulus. The euro fell against the US dollar, nearing a nine-month low
      Reuters; BLOOMBERG  -  558 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      57 8 VOLUME Genting SP 368,715,000 Golden Agri 65,467,000 Eastgate Tech 62,570,000 Scintronix 28,564,000 Sin Heng 22,163,000 Otto Marine 21,899,000 Z-Obee Hldgs 17,921,000 China Hongxing 16,605,000 Ezion 15,814,000 StraitsAsia 15,612,000 VALUE($) Genting SP 360,549,290 DBS Grp 67,063,002 CapitaLand 44,534,850 Noble Grp 42,852,990 SingTel 38,062,610 Golden Agri 36,384,090 StraitsAsia 34,068,660
      57 words
    • Article
      Lock icon RISES
      115 8 BY CENTS CLOSE UP DBXT Nifty 10US$ ***** 128.2 0.9 Lyxor US DJIA 10 US$ 1051 36.6 2.5 UOB.ES.1002 1860 20.0 1.1 Lyxor Korea 10US$ 405 19.7 3.6 DairyFarm 630 14.1 1.6 DBXT S&P Short 10US$ 5463 11.3 0.1 OCC 5.1% NCPS 100 ***** 10.0 0.1 Spore Land 636
      115 words
    • Article
      Lock icon FALLS
      120 8 BY CENTS CLOSE DOWN GLD 10US$ *****-288.9 -1.9 STXPO 100 1398 -40.0 -2.8 Jardine C&C 2360 -30.0 -1.3 DBXT MSAsExJp 10US$ 2671 -29.6 -0.8 DBXT FTChina25 10US$ 2837 -28.2 -0.7 JMH 3070 -28.2 -0.6 OCBC Bk 4.5%NCPS 100 9782 -28.0 -0.3 UOB 5.05%NCPS 100 ***** -28.0 -0.3 Lyxor China
      120 words
    • Article
      Lock icon CURRENCIES
      87 8 Where S$ stands Feb 18 CHNG YR 2010 CLOSE FR Feb 17 S$ LOW S$ HIGH US$ 1.4107 -0.54 1.4219 1.3869 Euro 1.9112 0.94 2.0153 1.9236 Pounds 2.2033 0.47 2.2776 2.2033@ A$ 1.2620 0.34 1.2923 1.2276 Yen* 1.5517 -0.20 1.5897 1.5027 Rupiah* 0.***** -0.27 0.***** 0.***** Baht* 4.2517 -0.46
      87 words
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      113 9 COMES WITH EFFECTIVE RAIN SENSOR *Terms and conditions apply. Standard specifications may differ from model shown. JK I ft* VV K K 9 m*. CAPTIVA :fc SEBPEfv V '.-kiV It's a 4WD "get-away" vehicle that's also one of the best built in its class. With room for up to 7
      113 words
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  • SINGAPORE NEWS
    • Article
      Lock icon Renewable-fuel energy output to fall short of ESC proposal
      703 10  -  It’ll account for 2% of peak electricity demand by 2014, against 5% proposed By RONNIE LIM POWER projects using renewable fuels (such as palm kernel for Tuas Power’s latest clean coal/ biomass plant) and if taken to broadly include waste-to-energy facilities
      703 words
    • Article, Illustration
      Lock icon SAVING THE THREATENED ANIMAL OF THE YEAR
      136 10 TO mark the start of the Year of the Tiger, marketing and advertising company Ad Planet Group launched a “Save the Tiger” campaign by distributing tiger-themed hongbao packets, cartoon paraphernalia and specially dressed-up tiger beer cans. The focus of its campaign is the
      ARTHUR LEE  -  136 words
    • Article
      Lock icon Career, education exhibition back again from March 4-7
      316 10 ASIA’S biggest career and education exhibition returns from March 4-7 at Suntec Singapore. The theme for this year’s Career Training 2010 Education 2010 event is “Navigating Your Future”. The exhibition will be in halls 601-603 on level six Suntec from 11am to
      316 words
    • Article
      Lock icon HDB flats value for money, say most residents
      435 10  -  Price appreciation, location, facilities, affordability cited By EMILYN YAP A MAJORITY of public housing residents feel that their flats are value for money, according to a study conducted by the Housing and Development Board (HDB). The Sample Household Survey (SHS) 2008 which
      435 words
    • Article
      Lock icon Plan to up foreign worker, skill levies draws most protests
      372 10  -  By TEH SHI NING OF the Economic Strategies Committee’s key recommendations, those relating to the foreign workforce have garnered the most disagreement from the public, according to feedback collated by REACH and released yesterday. Public sentiment over the strategies that
      372 words
    • Article
      Lock icon ITE and polytechnics to increase tuition fees
      300 10  -  By JASLENE PANG TUITION fees for polytechnics and Institute of Technical Education (ITE) will be increased this year. For the new Academic Year 2010 starting in April, ITEs will increase tuition fees for National ITE Certificate (Nitec) and Higher Nitec courses by $10
      300 words
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      257 10 jfSiyil National University of Singapore Master of Science in Quantitative Finance (by coursework) Offered by Department of Mathematics with the cooperation of Department of Economics and Department of Statistics Applied Probability OBJECTIVE To provide advanced training in quantitative finance for the students and to prepare them for rewarding careers in
      257 words
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  • BUDGET WISH LIST
    • Article, Illustration
      Lock icon Of tax rates, SMEs & going green
      2697 11 Of tax rates, SMEs going green With Budget Day coming up on Monday, Feb 22, CEOs share their wish lists in this special edition of Views From The Top VIEWS FROM THE TOP Topic: What items would you put at the top of your wish list for Budget 2010? Why?
      2,697 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon Asia growth lure could prolong Japan deflation
      510 12 Japanese companies’ offshore focus may drain new jobs, investment at home Reuters [TOKYO] Japan may remain mired in deflation for longer than the government and central bank fear. Strong growth in emerging Asia is attracting more local firms offshore, depriving the country of
      Reuters; BLOOMBERG  -  510 words
    • Article
      Lock icon UK posts unexpected £4.3b deficit in Jan
      372 12 Reuters Bloomberg [LONDON] Britain’s public finances turned out much worse than expected in January, posting the first budget deficit for the month since records began in 1993. This followed the longest recession on record shrivelled the nation’s tax receipts as government spending shot,
      Reuters; Bloomberg  -  372 words
    • Article
      Lock icon BOJ keeps rates on hold, does nothing on deflation
      377 12 Central bank stands firm in the face of political pressure AFP Bloomberg [TOKYO] Japan’s central bank yesterday kept its su-per-low interest rates unchanged and defied political pressure to take new steps to beat stubborn deflation in the world’s sec-ond-largest economy. The
      AFP; Bloomberg  -  377 words
    • Article
      Lock icon Income up but lower tax for top US earners in 2007
      296 12 Bloomberg [WASHINGTON] The 400 highest-earning US households reported an average of US$345 million in income in 2007, up 31 per cent from a year earlier, IRS statistics show. The average tax rate for the households fell to the lowest
      Bloomberg  -  296 words
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      241 12 rfS W I I I WINE DINE AND HOSPITALITY GASTRONOMIC FESTIVAL ...at Ristorante Bologna! Captivate your date with an alluring Italian menu by Guest Chef Alessio Rossi of Hotel Splendide Royal in Switzerland. Dine in the quiet intimacy of Ristorante Bologna or under the stars at its alfresco courtyard. Available
      241 words
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon Group urges NEAC to keep pro-Malay policies
      512 13  -  Maverick leader’s appeal epitomises challenges facing PM Najib By S JAYASANKARAN A STRIDENT right-wing Malay group has presented a memorandum to the National Economic Advisory Council (NEAC) ahead of the soon-to-be-released New Economic Model, urging that affirmative action policies for the Malays remain
      512 words
    • Article
      Lock icon CIMB Thai chief sets 3 priorities to strengthen foundation
      611 13 Bernama [BANGKOK] Newly appointed CIMB Thai chairman, Chakramon Phasukvanich, has set three priorities towards laying a stronger foundation for the bank and achieving a better result this year. He said the priorities are to reduce non-performing loans (NPLs), find a niche
      Bernama  -  611 words
    • Article
      Lock icon Indonesia zoning rule a threat to mining: official
      365 13 Reuters [JAKARTA] Confusion over a new Indonesian land use regulation could halt the operations of some mining firms, providing a new threat to billions of dollars of proposed new investment in the sector, an industry official said on Wednesday. The public works
      Reuters  -  365 words
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      686 13 f m ol I COGENT COGENT HOLDINGS LIMITED (Registration Number: *****0813D) (Incorporated in the Republic of Singapore on 18 June 2007) Issue Manager 'at KIM ENG Kim Eng Corporate Finance Pte. Ltd. (Company Registration Number: *****7700C) Joint Underwriters and Joint Placement Agents v KIM ENG UOBKayHian Kim Eng Corporate Finance
      686 words
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  • GREATER CHINA
    • Article, Illustration
      Lock icon Top bridge blog vents life behind Great Firewall
      735 14 chinaSMACK.com combs Web forums, translates popular postings to English AFP [SHANGHAI] Whether it is about US arms sales to Taiwan or how the film epic Confucius stacks up to Avatar, the world’s first snapshot of Chinese opinion often comes from chinaSMACK.com. The
      AFP  -  735 words
    • Article
      Lock icon BoComm mulling US$4b rights offer
      207 14 AFP [HONG KONG] China’s Bank of Communications may try to raise US$4 billion through a rights offering to strengthen its balance sheet, a report said yesterday. A massive lending boom by Chinese banks has left many of them with a reduced capital base. BoComm, one
      AFP  -  207 words
    • Article
      Lock icon China, NZ telcos deny joining Nigeria bids
      410 14 Bloomberg [HONG KONG] China Unicom (Hong Kong) Ltd and Telecom Corp of New Zealand said they did not participate in a government auction to buy Nigerian Telecommunications Ltd, contradicting a public announcement by the West African state. Neither Unicom nor its unlisted parent
      Bloomberg  -  410 words
    • Article
      Lock icon China seen revaluing yuan by 5% very soon
      613 14 Bloomberg [LONDON] China may let its currency appreciate 5 per cent as early as next month to prevent economic growth from stoking inflation, according to Stephen Jen of BlueGold Capital Management LLP. Policymakers may also raise interest rates this year to cool
      Bloomberg  -  613 words
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      1901 14 adv IN THE MATTER OF THE COMPANIES ACT (CAP. 50} AND IN THE MATTER OF (1) LIANG HUAT LAND PTE LTD (IN CREDITORS' VOLUNTARY LIQUIDATION) (Company Registration No. *****7819R) (2) LHC CONSTRUCTION PTE LTD (IN CREDITORS' VOLUNTARY LIQUIDATION) (Company Registration No. *****3828D) (3) LIANG HUAT CORPORATION PTE LTD (IN CREDITORS'
      1,901 words
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  • INDIA
    • Article, Illustration
      Lock icon Rate hike on the cards as food prices rise again
      494 15 Food and fuel costs may push wholesale price inflation to 10% by March Reuters [NEW DELHI] India’s food inflation picked up for the fourth straight week in early February, heightening worries it was driving headline inflation past official forecasts and
      Reuters; REUTERS  -  494 words
    • Article, Illustration
      Lock icon Lyondell deal with creditors spoils Reliance's chances
      660 15 Indian energy giant may have to raise its offer or drop its bid Reuters [MUMBAI] Energy major Reliance Industries may be forced to raise its offer for LyondellBasell or abandon its bid altogether after the target settled a dispute with creditors that paved
      Reuters  -  660 words
    • Article
      Lock icon China intensifies tug-of-war with India over Nepal
      668 15 NYT [KATHMANDU, Nepal] For years, Nepal never bothered too much with policing its northern border with China. The Himalayas seemed a formidable-enough barrier, and Nepal’s political and economic attention was oriented south towards India. If Nepal was a mouse trapped between elephants, as
      NYT  -  668 words
    • Article
      Lock icon Indian markets pay the price when officials talk freely
      766 15 Reuters [MUMBAI] A barrage of sometimes conflicting statements from government officials over economic policy has fuelled concerns that excessive chatter causes unnecessary market volatility in India and undermines central bank independence. The frequent talk is magnified by the rise of India’s
      Reuters  -  766 words
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      665 15 [£AT3 NOTICES IN THE MATTER OF THE COMPANIES ACT (CAP. 50) AND IN THE MATTER OF BARANG BARANG PTE LTD (Provisional Liquidator Appointed) (Co. Reg. No. *****4402D) (Incorporated in the Republic of Singapore) Statutory Declaration by Directors Of Company's Inability to Continue Business by Reason of its Liabilities I, Lim
      665 words
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      159 16/17 Congratulations to Volkswagen Polo and Scirocco winning Car on their of the Year. One of the most esteemed car awards in Europe, Car of the Year is also one of the toughest to win. Cars are stringently judged on quality of design, engineering, engine range, safety, fuel efficiency, performance and
      159 words
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  • ASIA-PACIFIC/WORLD
    • Article
      Lock icon LV Sands Q4 earnings meet expectations
      479 18 Net loss narrows, with growth in China market cushioning US slump Bloomberg [NEW YORK] Las Vegas Sands Corp, the casino company expanding in Macau and Singapore, reported fourth-quarter earnings that met analysts’ estimates as growth in the Chinese gambling market countered a US slump.
      Bloomberg  -  479 words
    • Article
      Lock icon Swiss watch exports rise on roaring Asian demand
      326 18 Reuters [ZURICH] Roaring demand in China and Singapore helped Swiss watch exports post their first year-on-year rise since 2008, the latest sign the beleaguered sector is recovering, data showed. Exports ticked up 2.7 per cent in January to 976 million Swiss francs
      Reuters  -  326 words
    • Article, Illustration
      Lock icon China key issue in Aussie-Japanese talks
      629 18  -  By ANTHONY ROWLEY RISING competition between Japan and China for Australian energy and mineral resources will be a key issue in weekend talks between Japanese Foreign Minister Katsuya Okada and his Australian counterpart Stephen Smith in Sydney, even though a whaling dispute involving both
      AFP  -  629 words
    • Article
      Lock icon UN’s top climate change official Yvo de Boer to quit in July
      350 18 AP [AMSTERDAM] Yvo de Boer, the top UN climate change official, told The Associated Press yesterday that he was resigning after nearly four years, a period when governments struggled without success to agree on a new global warming
      AP  -  350 words
    • Article
      Lock icon Greek currency swaps a ‘scandal’, says Merkel
      618 18 Bloomberg [BONN] German Chancellor Angela Merkel said it would be a “scandal” if banks helped Greece massage its budget figures, as attention turned to Goldman Sachs Group’s role in Greek efforts to conceal the size of the country’s deficit. “It’s a scandal if
      Bloomberg  -  618 words
    • Article
      Lock icon AMP may raise its bid for AXA Asia Pacific
      215 18 Reuters [MELBOURNE] Australia’s No 2 wealth manager AMP Ltd has signalled that it has room to improve its US$11.6 billion bid for AXA Asia Pacific. AMP is in a bid battle with the country’s top lender, National Australia Bank, for AXA
      Reuters  -  215 words
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  • WORLD
    • Article
      Lock icon Strong server, PC sales boost HP Q1 profit
      479 19 Company posts US$2.3b earnings in the quarter, raises full-year outlook Reuters [SAN FRANCISCO] Hewlett-Packard Co (HP) has posted better-than-expec-ted quarterly results and raised its full-year outlook. The company saw strong server and personal computer (PC) sales and a resurgence in its printing
      Reuters  -  479 words
    • Article, Illustration
      Lock icon LEGENDARY EXHIBITION RE-STAGED
      77 19 [BASEL] ‘Retroreliefs’ (1935) by French artist Marcel Duchamp (1887-1968) are on display at the exhibition ‘Le Mouvement. From Cinema to Kinetics’, at the Museum Tinguely in Basel, Switzerland. The first section of the exhibition is devoted to a reconstruction of the ‘Le Mouvement’ exhibition held in the
      AP  -  77 words
    • Article
      Lock icon Germans rush to declare Swiss account data as probe looms
      351 19 Bloomberg [FRANKFURT] More than 2,000 German residents declared their holdings voluntarily after the government said it would buy illicit data on Swiss bank accounts, rushing to escape punishment before a tax evasion investigation begins. With 15 of Germany’s 16 states
      Bloomberg  -  351 words
    • Article, Illustration
      Lock icon J K Rowling in plagiarism suit
      404 19 Bloomberg [LONDON] J K Rowling, the world’s richest author, was added as a defendant in a UK lawsuit against her publishers alleging that she copied part of a children’s book in writing Harry Potter and The Goblet of Fire. The estate of English author
      Bloomberg; PHOTOS: BLOOMSBURY, BLOOMBERG  -  404 words
    • Article, Illustration
      Lock icon Tiger Woods to end months of silence today
      510 19 AP [MARANA, Arizona] Tiger Woods will speak publicly today for the first time since his bizarre Thanksgiving night car accident last year, beginning what his agent called “the process of making amends” for the sex scandal that sent him into hiding for
      AP; REUTERS  -  510 words
    • Article
      Lock icon Fannie, Freddie face reform of housing goals
      527 19 Proposal to exclude sub-prime from mandated targets Bloomberg [WASHINGTON] Fannie Mae and Freddie Mac would no longer be able to rely on sub-prime mortgages to meet their govern-ment-mandated goals for helping lower-income Americans obtain home loans, according to proposed regulations. The rules offered
      Bloomberg  -  527 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon Opec must not derail the recovery
      507 20 EDITORIAL CLIMATE change enthusiasts are not alone in feeling let down by this year’s severe northern hemisphere winter. Oil producers, who are in the opposite camp, are not cheering the record snow storms either. Normally, harsh winters lift oil prices. But this one, coming
      507 words
    • Article, Illustration
      Lock icon Long wait for India’s poor for growth to ‘trickle down’
      784 20  -  THE BOTTOM LINE YOGI AGGARWAL THE image of India has changed over the past couple of decades. There is a new confidence in the air. But amidst all the gleaming signs of wealth, poverty continues to blight many millions of
      784 words
    • Article, Illustration
      Lock icon Singapore’s status as a trusted financial hub
      1163 20  -  It’s critical the country keeps in step with market trends and regularly reviews its schemes By TAY HONG BENG, LARRY SIM Tay Hong Beng is an Executive Director and Larry Sim is a Director at KPMG Tax Services in Singapore. The views and
      FILE PHOTO  -  1,163 words
    • Article, Illustration
      Lock icon Stricter tax regimes can benefit S’pore
      1472 21  -  Nation should allow interest deduction for share investments with economic substance By CHRIS WOO, LIM CHIN CHIN Chris Woo is a Partner, M&A Tax and Lim Chin Chin is a Senior Consultant, M&A Tax with PricewaterhouseCoopers Services LLP Singapore THE last few months have
      JOYCE FANG/THE STRAITS TIMES  -  1,472 words
    • Article
      Lock icon ‘Worker ants’ pose socio-economic challenge for Beijing
      1126 21  -  By RALPH JENNINGS Reuters [TANGJIALING, China] They sleep in boxy rooms crammed into dingy low-rises and spend hours commuting to work on crowded buses as part of a trend of poorer white-collar workers being forced to the fringes of China’s wealthiest cities. Some
      Reuters  -  1,126 words
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  • SHIPPING/AVIATION
    • Article, Illustration
      Lock icon Qantas suffers 72% plunge in H1 profit
      642 22  -  It plans to remove first-class seats from many aircraft due to falling demand By VEN SREENIVASAN QANTAS yesterday reported first-half earnings that were badly hit by a collapse in demand for premium seats and said that it would remove first-class seats from many
      AFP  -  642 words
    • Article
      Lock icon Platform to develop green shipping solutions
      229 22 THE Maritime and Port Authority of Singapore (MPA) and Nanyang Technological University (NTU) yesterday jointly launched the $15 million Maritime Clean Energy Research Programme (MCERP) to focus on research platforms that promote green, carbon-neutral, energy management solutions. Co-funded by MPA’s Maritime Innovation and Technology
      229 words
    • Article
      Lock icon Figures show air travel got safer last year: Iata
      400 22  -  By VEN SREENIVASAN THERE was one aircraft accident for every 1.4 million flights last year the second-lowest rate ever. According to the latest data from the International Air Transport Association (Iata), the accident rate worldwide measured by hull losses per one
      400 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      3015 22 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi EY470 2200 SQ456 1245 Adelaide LH9771 1740 9W4082 2215 SQ268 1740 AF8088 2215 VS7268 1740 BA7382 2215 --JL5083 2215 QF82 2215 LH9770 2350 --SQ269 2350 VS7269 2350 Amsterdam LO4031 0610 AZ3993 2250 SQ323 0610 KL838 2250 US5410 0610 LO4032
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    • Article
      Lock icon Maersk taking slow steaming all the way
      670 22 NYT [NEW YORK] It took more than a month for the containership Ebba Maersk to steam from Germany to Guangdong, China, where it unloaded cargo on a recent Friday a week longer than it did two years ago. But for the owner, the
      NYT  -  670 words
    • Article
      Lock icon TRANSPORT STOCKS
      281 22 SGX '000 Feb 18 S$ +/-Vol CH Offshore 0.65 0.01 1126 Chuan Hup Hldgs 0.31 unch 272 Cosco Corp 1.27 -0.03 8960 CWT Ltd 0.90 -0.03 1409 Ezra Hldgs 2.29 -0.03 3399 First Ship Lease 0.59 unch 10 Freight Links 0.05 unch 410 Grand Banks unch unch 0
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    • Article
      Lock icon Japan forming panel to probe JAL bankruptcy
      215 22 Bloomberg [TOKYO] Members of Japan’s ruling party will form a panel as early as next week to investigate the business and political decisions that led to Japan Airlines Corp’s bankruptcy, according to sources familiar with the matter. Democratic Party of Japan (DPJ) lawmakers,
      Bloomberg  -  215 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      8806 23 Transaction date: Feb 18 52-wks Tel Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Code Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 18 3 3148 8Telecom 16.5 -1 544 17 16.5 16.5 17 1.7 11 5.3 79 10 2.5 5834
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    • Article
      Lock icon SGX CATALIST
      1818 24 52-wks Tel Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Code Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 10 5 1181 s AA Grp 5.5 4.5 6 5.3 25 12 8538 t APStrategic 14.5 13 15 85.6 4 0.5 1501
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    • Article
      Lock icon UNIT TRUSTS & FUNDS
      9360 24 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund!** 1.19/ APS Alpha Fund (USD)!** 0.85/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt S'pore Pte Ltd AXA WM -Talents Fund 0.67/ Aberdeen Asset Mgt Asia Limited American Opp 0.6361/ Asian Credit Fund 1.2201/ Asian
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    • Article
      Lock icon SGX ETF
      463 24 52-Wk Tel Last Vol Day Last Quote Div GrYld Net MCap High Low Code Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 111 107 6389 ABF SG Bond ETF 110.4 109.5 110.4 504 846 427 CIMBAsean40 100US$ US811 -10 230 815 809 803 808 32.4 298
      463 words
    • Article
      Lock icon CLOB INTERNATIONAL
      69 24 52-Wk Tel Last Vol Day Last Quote Div GrYld Net MCap High Low Code Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 56 20 6000 AVJennings A45 45 3.6 7.8 3.6 117.2 31 6 6017 Genting HK US$ US19 -1 2733 20 18.5 18.5 19 1251.1
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      365 25 In local curr In S$ In US$ dy yr dy yr dy yr Feb 17 Index Change Change Change Change Change Change World Index Preliminary 813.6 0.7 -2.3 0.6 -3.0 0.6 -3.2 EAFE Preliminary 761.3 1.4 -3.0 1.2 -4.8 1.2 -4.9 Europe Preliminary 1083.8 1.1
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    • Article
      Lock icon INTERBANK RATES
      177 25 Feb 18 $S Offer Bid Overnight 1/8 1/16 1-month 7/16 3/16 2-months 9/16 5/16 3-months 11/16 7/16 Overnight mode: 1/8 US$ Offer Bid 7 days 0.23 0.18 1 month 0.28 0.23 2 months 0.35 0.25 3 months 0.37 0.27 6 months 0.50 0.40 9 months 0.90 0.60 12
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    • Article
      Lock icon US$/S$ FORWARD RATES
      22 25 Feb 18 S$ Bid Offer 1-month 1.4093 1.4113 2-months 1.4095 1.4115 3-months 1.4096 1.4117 6-months 1.4102 1.4123 Source: OCBC
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    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      132 25 Feb 18 As at 9am Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2500 1.2890 Can dollar 1.3350 1.3520 Euro 1.8990 1.9220 NZ dollar 0.9780 1.0000 Sterling pound 2.1910 2.2170 US dollar 1.3980 1.4160 Local dollars to 100 units of foreign
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    • Article
      Lock icon STOCK INDEX FUTURES
      27 25 Feb 18 Open High Sett STI Feb 2778 2778 2767 SIMSCI Feb 334.5 334.5 329.1 Taiwan Feb closed Source: MF Global (S) Pte. Ltd
      27 words
    • Article
      Lock icon PALM OIL
      66 25 Feb 18 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Mar 10 2622 2611 2623 2614 402 4489 Apr 10 2619 2604 2620 2604 3484 ***** May 10 2615 2600 2617 2600 4721 ***** Jun 10 2610 2600
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    • Article
      Lock icon SGX DERIVATIVES TRADING
      340 25 Feb 18 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Mar10 99.7250 0 8971 Jun10 99.6050 0 7806 Sep10 99.3850 0 2735 Dec10 99.0550 0 2222 EUROYEN TIBOR FUTURES Mar10 99.5650 99.5650 99.5650 99.5650 0 4540 Jun10 99.6600 9 1625 Sep10 99.6800 0 2021 Dec10 99.6650 0
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    • Article
      Lock icon SICOM FUTURES
      193 25 Feb 18 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Mar 10 319.5 319.0 319.0 118 649 Apr 10 322.0 319.5 320.0 170 491 May 10 320.0 319.0 320.0 140 646 Jun 10 320.0 320.0 320.0 240 790 Jul
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    • Article
      Lock icon GOVERNMENT SECURITIES
      82 25 Feb 18 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****H 20.05.2010 0.38 1-Year BY*****N 01.11.2010 0.39 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0A 2.625 01.04.2012 104.40 104.50 104.43 5-Year N*****0N 1.375 01.10.2014 100.29 7-Year N*****0S
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    • Article
      Lock icon CHICAGO BOT
      105 25 Feb 17 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Mar 10 951.50 965.50 964.00 948.00 May 10 961.00 974.50 973.00 958.00 Jul 10 968.75 981.75 980.25 965.75 Aug 10 964.75 977.00 975.00 962.75 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Mar 10 38.75 38.95 38.93
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    • Article
      Lock icon CRUDE OIL & PRODUCTS
      77 25 CRUDE OIL PRODUCTS Feb 17 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 75.59 0.03 WTI (Near Mth) 77.50 0.35 Dubai (1-Mth F) 75.20 1.94 Tapis blend 78.40 2.10 Minas 77.70 2.10 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 74.22 1.34 Jet Kerosene 83.70 2.10 US$/barrel Opec Oil
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    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      2395 25 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Tel Last Vol Conv Exer Disc Gear-Mths Code Company Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 3 1 15 24 4.83 51 2036 Advance SCT Ltd W*****9 0.5 1 87 1844 9.00 6 8756 Asiatic Grp (H) Ltd W*****2 12 3.5 59
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    • Article
      Lock icon INTERBANK CROSS RATES
      465 25 Feb 18 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.938 6.111 0.660 6.947 41.413 83.309 0.814 10.268 3.042 1.279 75.953 41.323 1.261 6.853 0.968 28.626 29.679 0.573 0.894 Canada 1.066 6.513
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    • Article
      Lock icon SIBOR
      85 25 Feb 18 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 0.***** 0.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      154 25 Feb 18 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2600 1.2622 0.8942 0.8945 Canadian dollar 1.3426 1.3452 0.9528 0.9533 Euro 1.9085 1.9116 1.3544 1.3547 NZ dollar 0.9848 0.9871 0.6989 0.6995 Sterling pound 2.2009 2.2044 1.5619 1.5622
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    • Article
      Lock icon PRECIOUS METALS
      139 25 Feb 18 GOLD (US$/oz) Feb 17 Feb 18 Hong Kong 1120.10 1103.00 Feb 16 Feb 17 London 1116.40 1115.55 1117.40 1116.35 Source: Thomson Reuters CAST BAR Feb 18 (S$) Selling Buying Kilobar "53,459.34" ***** PAMP GOLD BARS (S$) Selling Buying 1gm 119.84 50 5gm 340.26 249 10gm 607.76
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    • Article
      Lock icon LONDON METALS
      69 25 Feb 17 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2088.50 2098.00 3 months 2122.00 2131.00 Copper, Grade A (US$/tonne) Cash 7101.50 7120.00 3 months 7130.00 7144.00 Lead (US$/tonne) Cash 2266.25 2278.50 3 months 2290.00 2298.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00
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    • Article
      Lock icon LIFFE
      77 25 Feb 17 COCOA (£/tonne) Close Prev High/Low Mar 10 2257 2299 2301/2228 May 10 2256 2286 2294/2228 Jul 10 2236 2262 2269/2223 Sep 10 2217 2243 2245/2207 COFFEE (US$/tonne) Close Pev High/Low Mar 10 1277 1286 1287/1276 May 10 1310 1316 1317/1306 Jul 10 1343 1349 1351/1340 SUGAR (US
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  • Page 26 Advertisements
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      Lock icon Page 26 Advertisements Column 1
      2022 26 BALISA SHIPPING TRADING PTE LTD 8 Shenton Way, #40-03A, Singapore *****1 Tel: 6345 5700 Fax: 6345 5227 Email: singapore@balisagp.com CR NO. **********0W UK CONTINENT SERVICE U.S.A. SERVICE Destination STXPO TBN RTM/ANR/TIL *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Destination SAN SIMEON NEW ORLEANS/CAMDEN *Loads E./W. Malaysia, Indonesia Destination HAI YU
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      Lock icon Page 26 Advertisements Column 2
      1490 26 WAN HAI INTERNATIONAL PTE LTD UEN: *****4695M TEL: *****588 (14 LINES) FAX: *****163 PKL TEL: (03) *****888 FAX: (03) *****288 PEN TEL: (04) *****00 FAX: (04) *****99 JOH TEL: (07) *****23 FAX: (07) *****21 SUR TEL: (031) *****75 FAX: (031) *****14/*****05 JKT TEL: (021) *****88 FAX: (021) *****88 PLM TEL:
      1,490 words
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  • Page 27 Advertisements
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      Lock icon Page 27 Advertisements Column 1
      1907 27 SHIPPING TIMES EASTERN CAR LINER, LTD SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS INTRA-ASIA SERVICE VOY Ramp(KT) Lifting(KT) MUA SIN PKL KUC JKT SUR GOLD MENAM 100 40 122 20/02 24/02 26/02 CORAL HERO 101 50 80 28/02 30/02 03/03 EISHUN 44 80 28/02 02/03 03/03 PACIFIC LOHAS 24
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      Lock icon Page 27 Advertisements Column 2
      927 27 WEEKLY EXPRESS SAILING SCHEDULE WESTBOUND TO: COLOMBO, COCHIN, NHAVA SHEVA, JEBEL ALI, DAMMAM ALSO ACCEPTING CONTAINERS TO ALL NORTHERN AND WESTERN INDIAN ICD POINTS VESSEL VOY SIN PKL (W PORT) CMB (JCT2) NSA (NSICT) KOTA PEKARANG YPG087 16 FEB 17 FEB 22 FEB 25 FEB STADT ROSTOCK 0005W 23 FEB
      927 words
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  • executive lifestyle
    • ARTS/WINE
      • Article, Illustration
        Lock icon Going to the fair
        979 28  -  Lorenzo Rudolf, who has run two of the biggest cultural trade fairs in the world Art Basel and the Frankfurt Book Fair is bringing his act to Singapore, writes CLARISSA TAN CLARISSA TAN THE scene that greets you at the panoramic outdoor level of the Pan
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      • AROUND TOWN
        • Article
          Lock icon Film Screenings at IAF IV
          141 28 INDONESIAN Arts Festival (IAF) is a showcase of Indonesian arts in Singapore, and is a biannual event that has been organised since 2003. Reaching its fourth production, IAF has grown into the largest arts event held by the Indonesian youth community in Singapore. In this
          141 words
        • Article, Illustration
          Lock icon Jermal – above (www.jermal.com) (88 mins)
          179 28 Jermal above (www.jermal.com) (88 mins) Tickets: $8 per screening Supported by The Substation Moving Images AFTER his mother’s death, Jaya (12) is sent to his father, Johar, who works as a supervisor on a jermal (a fishing platform perched on log stilts in the middle of the sea). Johar is
          179 words
        • Article
          Lock icon Short Film Compilation
          345 28 CINtA (29 mins) THIS is a love story in a world that still leaves a scar of an old wound back in the past. It’s a love story between an Indonesian Chinese named A Su, and Siti, a Muslim. On the deciding day, A Su asks Siti
          345 words
        • Article
          Lock icon Showcase of Chinese brushworks
          151 28 USHER in good luck or enhance family harmony during the Chinese New Year (CNY) with the display of auspicious calligraphic couplets and paintings in your office or home. Nafa will be holding the annual Hui Chun, a gathering of artists who will showcase their Chinese brushworks
          151 words
        • Article
          Lock icon Diversity of Korean art
          73 28  -  Compiled by AMANDA AMANDA DE GUZMAN FROM painting to sculpture to digital media, the seven young Korean artists featured in the exhibition New Focus have shown both sophistication and diversity in their work. The exhibition includes work from Seong Tai-jin, Wee Young-il, Park Yuna, Lee Hyo-young,
          73 words
      • Article
        Lock icon Rediscovering Riesling magic – in Abu Dhabi
        989 28  - Rediscovering Riesling magic in Abu Dhabi By N K YONG AS the beautiful and familiar strains of the opening theme of the first movement of Beethoven’s Sixth (Pastoral) Symphony softly flew from the first violins of the Vienna Philharmonic Orchestra, it reminded me that some experiences, however familiar, however many
        989 words
    • ARTS
      • Article, Illustration
        Lock icon Nurturing the next wave of practitioners
        865 29  -  NUS ARTS FESTIVAL BY NATIONAL UNIVERSITY OF SINGAPORE’S CENTRE FOR THE ARTS MARCH 5-21 There’s no dispute that the arts ‘hardware’ has been put in place, but it looks like the ‘software’ still needs developing according to an international survey about liveable cities in
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      • Article, Illustration
        Lock icon Grooming Asian musical talent through Mosaic
        556 29  -  MOSAIC MUSIC FESTIVAL BY THE ESPLANADE MARCH 12-21 BY CHRISTOPHER LIM THE Mosaic Music Festival is Singapore’s largest annual music-exclusive festival, and its fifth iteration this year sees it continue its perennial emphasis on jazz while branching into wider genres like pop, rock, world,
        PHOTO COURTESY OF THE ESPLANADE CO LTD  -  556 words
      • Article, Illustration
        Lock icon Gastronomical treat for theatre buffs
        654 29  -  MAKAN DRAMA FESTIVAL BY ACTION THEATRE MARCH 18-28 By CHEAH UI-HOON HOW’S this for making theatre palatable? Appealing to the Singaporean’s appetite for food, Action Theatre has come up with a brand new theatre festival which revolves around the theme of eating. Action Theatre’s latest
        654 words
    • CINEMA
      • Article, Illustration
        Lock icon Exploring questions of faith
        708 30  -  ‘A Serious Man’ is by turns funny and sad, profound and trivial, says GEOFFREY EU GEOFFREY EU ACOENbrothersmovie is often a strange and mysterious place to visit, but it is always interesting and there is usually something that sets it apart from the crowd. With a
        REUTERS  -  708 words
      • Article, Illustration
        Lock icon Epic love story told in a simple manner
        522 30  -  By AMANDA DE GUZMAN WHILE there aren’t love scenes of the hothouse, nude variety in Jane Campion’s Bright Star, it is one of the most erotic films of 2009. An extraordinary telling of the fervid yet physically chaste romance between poet John
        BLOOMBERG  -  522 words
      • Article, Illustration
        Lock icon A musical that lacks inspiration
        601 30  -  By GEOFFREY EU IT’S 1965 and Guido Contini (Daniel Day-Lewis) is a man desperately in search of meaning in his personal and professional life. As Italy’s most famous filmmaker a man who has defined la dolce vita for millions of adoring fans he’s also in
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      • Article, Illustration
        Lock icon A confused piece of work
        389 30  -  By AMANDA DE GUZMAN IT IS no surprise that The Wolfman was a project riddled with re-shoots, re-edits and ever-changing release dates. A remake of the 1941 B-movie of the same name, it is a confused piece of work that awkwardly shifts from the heightened
        389 words
    • COVER STORY/ENTERTAINMENT
      • Article, Illustration
        Lock icon Really tiring but really fulfilling
        384 31 VANILLA BAR CAFÉ DESPITE being an avid cook and baker, former banker Jo Ann Ng thought that she would have to wait till she was much older and probably retired before she could realise her dream of turning her hobby into a profession. That was
        384 words
      • Article, Illustration
        Lock icon Heavy on melody and groove
        815 31  -  Retro rock albums deliver plenty of satisfaction, says CHRISTOPHER LIM Screamworks: Love in Theory and Practice, Chapters 1-13 HIM Sire Rating: B+ This Is War Thirty Seconds To Mars Virgin Rating: B+ Keep Calm And Carry On Stereophonics Mercury Rating: B Only Revolutions Biffy Clyro
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      • Article, Illustration
        Lock icon School project turns thriving business
        397 31 THE FOOD SHEPHERD VENTURING INTO F&B WHAT started as a school project for a module in entrepreneurship has turned out to be a thriving catering business for university students Jonathan Lee, 23, Ritchie Tan, 24 and Gwee Meng Hsien, 25. “The idea was to apply
        YEN MENG JIIN  -  397 words
      • Article, Illustration
        Lock icon Exciting gourmet fast food
        454 31 FIIU FOOD IMAGINE being able to walk into a fast food outlet/convenient store and coming out with high-qual-ity gourmet food and yet, not breaking the bank at the same time. It’s certainly an ambitious task that management consultant (and cookbook author) Nicholas Lin, 25, and undergraduate
        JOHN HENG  -  454 words
      • Article, Illustration
        Lock icon Interactive still life art on your iPhone
        534 31  -  GAMING By CHRISTOPHER LIM COMPLEXITY in iPhone gaming is often brandished as a hallmark of quality and sophistication, while simplicity is often viewed with suspect eyes. That’s an understandable perspective in light of the abysmal quality of bare-bones games that do nothing but
        534 words
    • Article
      Lock icon Luck runs out for Zeus at Sentosa
      554 32  -  off the cuff jaime ee WHAT has the Greek financial crisis got to do with the casino and theme park opening at Resorts World Sentosa? Well, maybe more than you think. In fact, not many people know that there was a secret, last-ditch
      554 words
    • Venturing into F&B
      • Article, Illustration
        Lock icon Serving the niche market of coffee lovers
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        532 words
      • Article, Illustration
        Lock icon More than just serving drinks on the go
        519 32 FLIP2POUR DARREN Ashton is a man on a mission to educate people that bartending goes beyond simply pouring drinks. “So many people think that all bartenders do is that they pour and make drinks but that’s only a small part of what
        ARTHUR LEE  -  519 words
      • Article, Illustration
        Lock icon Running a one-stop party outfit
        577 32 MATCHBOX EVENTS BY day they hold perfectly respectable corporate jobs as any other 20-something. By night, though, the four founders of Matchbox Events are helping to turn clueless hosts to throw spectacular parties that make them heroes in the eyes of their guests. “We’re not
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  • Page 29 Miscellaneous
    • Miscellaneous
      Lock icon Page 29 Miscellaneous Column 1
      318 29 CRYPTIC CROSSWORD Across 1 Small quantity of liquid to hit stamping machine (4-6) 9 Bird’s egg found in bed (4) 10 Take too long to take photograph about publication of wrongdoing (10) 11 Direct route to Alabama (6) 12 Ray’s pup ruined document (7) 15 Insult a female taking leading
      318 words
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