The Business Times, 16 April 2010

Lock icon This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.

Microfilm: NL30642
Total Pages: 32
1 32 The Business Times
Page thumbnail Page 1
  • Title Section
    Lock icon Masthead
    17 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg CO REGN NO *****2868E MICA (P) 123/08/2009 Friday, April 16,2010
    17 words
  • Article
    Lock icon Firms debate timing of CPF hike proposal
    1009 1  -  Labour chief suggests partial restoration of CPF rates; some businesses advise waiting a while By KAREN NG, TEH SHI NING [SINGAPORE] Labour chief Lim Swee Say has called for a partial restoration of CPF contribution by employers towards the long-term target rate. While
    1,009 words
  • Article
    Lock icon MARKETS DIGEST
    140 1 ST INDEX 3,016.94 (-2.80) ST INDEX FUTURES 2,998.00 (-5.00) SIMSCI 359.85 (-0.55) SIMSCI FUTURES 357.40 (-0.60) FOREX US$ S$ US$ (S$ per US$) 1.374 (US$/S$ per 1.547 2.125 EURO (US$/S$/E) 1.359 1.867 Foreign currency per US$ S$ YEN 93.10 67.80 RM 3.196 2.326 HK$ 7.761 5.649 BAHT 32.27
    140 words
  • Article
    Lock icon Home sales sizzle despite cooling drizzle
    770 1  -  Many buyers have HDB addresses; will more steps follow? By EMILYN YAP [SINGAPORE] Government measures to cool the property market have not doused the enthusiasm of buyers. Developers sold 1,761 private homes in March 47 per cent more than the 1,202 in February. This
    770 words
  • Page 1 Advertisements
    • Advertisement
      Lock icon Page 1 Advertisements Column 1
      46 1 SINGAPORE ECONOMY Retail spending up in Feb PAGE 13 EXEC LIFESTYLE Alternative event WINE Knowing your preference PAGE 31 GOVERNANCE AND TRANSPARENCY INDEX SingTel and SMRT top the charts PAGES 2, venues PAGE 26 8 *****1 *****4 BREITLING 1884 TEL. +65 6732 6347 WWW.BREITLING.COM JC& 35
      46 words
    • Advertisement
      Lock icon Page 1 Advertisements Column 2
      30 1 As the centre of economic gravity moves, the need for financial information grows. That's where we come in. Peter Grauer, chairman and CEO of Bloomberg, in The Raffles Conversation tomorrow
      30 words
Page thumbnail Page 2
  • TOP STORIES
    • Article
      Lock icon SingTel again tops in corporate governance, transparency index
      794 2  -  SPH makes greatest improvement to its score this year, out of the top five By MICHELLE QUAH [SINGAPORE] SingTel’s exemplary corporate governance practices have again earned it the top spot out of 687 companies in the Governance and Transparency Index (GTI), conducted
      794 words
    • Article, Illustration
      Lock icon Battlestar Galactica being dismantled
      772 2  -  Universal says tech experts doing ride inspection review By ARTHUR SIM [SINGAPORE] Universal Studios Singapore (USS) at Resorts World Sentosa (RWS) has announced that its main attraction, the Battlestar Galactica roller coaster, is coming down parts of it anyway. In an announcement released yesterday, USS said
      FILE PHOTO  -  772 words
    • Article
      Lock icon Acra to promote good corporate governance
      467 2  -  It unveils steps to encourage voluntary compliance by firms By LYNETTE KHOO [SINGAPORE] The Accounting and Corporate Regulatory Authority (Acra) has announced measures to encourage voluntary compliance among locally incorporated companies and promote good corporate governance. For a start, it will focus on disclosure
      467 words
    • THREE-MINUTE DIGEST
      • Article
        Lock icon Firms debate timing of CPF hike proposal
        65 2 LABOUR chief Lim Swee Say has called for partially restoring CPF contributions by employers closer to the long-term target rate. While most supported his suggestion, in principle, some wondered if the timing of the restoration was right and whether it would add more
        65 words
      • Article
        Lock icon Home sales sizzle despite cooling drizzle
        62 2 GOVERNMENT measures to cool the property market have not doused the enthusiasm of buyers. Developers sold 1,761 private homes in March 47 per cent more than the 1,202 in February. For the first quarter, sales hit 4,446 units more than double the figure in
        62 words
      • Article
        Lock icon SingTel again tops in corporate governance index
        57 2 SINGTEL’S exemplary corporate governance practices have again earned it the top spot out of 687 companies in the Governance and Transparency Index, conducted by The Business Times and the Corporate Governance and Financial Reporting Centre at the National University of Singapore and sponsored
        57 words
      • Article
        Lock icon 11.9% China growth sparks tightening calls
        93 2 CHINA chalked up unexpectedly strong annual growth of 11.9 per cent in the first quarter, prompting renewed calls for tighter policies to prevent the economy from overheating and stoking speculation as to when Beijing will loosen its grip on the yuan. The rate of
        93 words
      • Article
        Lock icon Tightening of Sing dollar a boon for property buyers
        66 2 PROPERTY buyers are in a sweet spot, following the tightening of the Singapore dollar which attracts capital inflows causing interest rates to fall. The key three-month Sibor fell to 0.***** per cent yesterday from 0.***** per cent on Wednesday after the
        66 words
      • Article
        Lock icon Firms fetch premium for good governance
        69 2 INVESTORS are willing to pay a premium for companies with good corporate governance, a study by the Singapore Management University has confirmed. The research scrutinised the annual reports of Singapore mainboard companies to look at various corporate governance factors based on OECD principles. This
        69 words
      • Article
        Lock icon SIA fills 80.8% of available seats
        63 2 SINGAPORE Airlines filled 80.8 per cent of available seats in March, up a strong 11.4 percentage points from a year ago. During the month, SIA’s system-wide passenger carriage, measured in revenue passenger kilometres, rose 13.9 per cent year on year, as the number of
        63 words
      • Article
        Lock icon M’sia’s 2010 growth forecast upped to 5.2%
        72 2 THE Malaysian Institute of Economic Research has upped its 2010 economic growth forecast to 5.2 per cent from 3.7 per cent amid what it says is a broad-based recovery. But despite stronger growth, the independent think tank doubts the country’s budget deficit can
        72 words
    • Article, Illustration
      Lock icon 11.9% China growth sparks tightening calls
      599 4 Govt reaffirms opposition to stronger yuan as statistics agency releases Q1 data Reuters [BEIJING] China chalked up unexpectedly strong annual growth of 11.9 per cent in the first quarter, prompting renewed calls for tighter policies to prevent the economy from overheating and stoking speculation
      Reuters; Source:  -  599 words
    • Article
      Lock icon Wall Street hopes it’s Goldilocks
      680 4  -  The story so far in the earnings season has been great By ANDREW MARKS IT may be too early to break out the fireworks and trumpets, but Wall Street is already in celebratory mood over 2010’s firstquarter earnings. The first profit reports of the earnings
      680 words
    • Article
      Lock icon Tightening of Singdollar a boon for property buyers
      477 4  -  Move draws capital inflows, lowering interest rates By SIOW LI SEN [SINGAPORE] Property buyers are in a sweet spot, following the tightening of the Singapore dollar which attracts capital inflows causing interest rates to fall. The key three-month Sibor (Singapore interbank offered
      477 words
    • Article
      Lock icon Engaging staff may be key to raising productivity: study
      420 4  -  Poll finds higher degree of worker mobility in S’pore By TEH SHI NING [SINGAPORE] Employee engagement may be key to raising firms’ productivity, going by new research which shows Singapore’s employees to be both highly mobile and driven by career development.
      420 words
  • Page 2 Advertisements
Page thumbnail Page 3
  • Page 3 Advertisements
    • Advertisement
      Lock icon Page 3 Advertisements Column 1
      230 3 p J J Mil 5 rz a LZ VJ v ATTITUDE. ALTITUDE. In so many ways Altez is heads and shoulders above the rest. At 250 metres, it is the tallest residential tower in Singapore and one of the 20 tallest residential buildings in the world. A landmark of architectural
      230 words
Page thumbnail Page 4
  • Page 4 Advertisements
    • Advertisement
      Lock icon Page 4 Advertisements Column 1
      179 4 JUPITER KOREA N0.1 WATER IONIZER Source: Korea FDA Effects of JUPITER* ALKALINE WATER Neutralizes acidic wastes Maintain pH balance Powerful Antioxidants Abundant oxygen Microwater hydrates better Ionized Calcium (Ca^+) V ET-J i I i i V C C <5 ALPHION JP109 Awarded: CUkil CONSUMERTRUST 5lob»l mutlluy fro-jr«n SINGAPORE BUSINESSTRUST SERVICE
      179 words
    • Advertisement
      Lock icon Page 4 Advertisements Column 2
      158 4 FHA BOIO ASIAS LARGEST INTERNATIONAL FOOD HOSPITALITY TRADE EVENT Be at the most anticipated food hospitality trade event in Asia! 82,000sqm of exhibition space 2,600 exhibitors from 70 countries/regions 46 Group Pavilions Strong lineup of competitions, conferences and forums 20-23 April 2010 Singapore Expo U ,t VISITORS QT^r Co-located with:
      158 words
Page thumbnail Page 5
  • Page 5 Advertisements
    • Advertisement
      Lock icon Page 5 Advertisements Column 1
      208 5 ORCHARD! SCOTTS Winner of the FIABCI Prix d'Excellence Award 2009 sass ma in iiiiiii 1 V T! iS* ggiiiiiO T,"*t m "iiiiiii B mi ■Si •~-nniiiaa§ }t I Li ''-"iL I -t- U 1»- 1 4} 7 □F IA' 1 > 5£TT L 1 T «<r<f<«| I!* The luxury of
      208 words
Page thumbnail Page 6
  • COMPANY NEWS
    • Article, Illustration
      Lock icon Firms fetch premium for good governance
      515 6  -  Study finds higher price-to-book value in firms ranked tops in governance score By LYNETTE KHOO INVESTORS are willing to pay a premium for companies with good corporate governance, a study by the Singapore Management University has confirmed. The research scrutinised the annual reports of
      515 words
    • Article
      Lock icon China Minzhong makes disappointing debut
      395 6  -  By LYNETTE KHOO CHINA Minzhong, whose initial public offering (IPO) in Singapore is the largest so far this year, failed to make a splash in its trading debut yesterday, with its shares tanking below the issue price. At closing, the mainboard stock slumped 6.7 per
      395 words
    • Article
      Lock icon Macarthur to assess Peabody’s A$4.1b offer
      575 6  -  Analysts say the A$16 a share bid could trigger a positive response By ANGELA TAN NOT one to be demoralised, twice-snubbed US Peabody Energy Corp yesterday made its third proposal to buy Australian coal mine, Macarthur Coal Limited, for A$4.1 billion (S$5.25 billion) a
      575 words
    • Article, Illustration
      Lock icon SIA fills 80.8% of available seats
      429 7  -  Despite strong pick-up in traffic in March, overall yield still under pressure By VEN SREENIVASAN SINGAPORE Airlines filled 80.8 per cent of available seats in March, up a strong 11.4 percentage points from a year ago. During the month, SIA’s sys-tem-wide passenger carriage, measured
      AFP  -  429 words
    • Article
      Lock icon Low acceptances point to Chemoil Energy staying listed
      472 7  -  By RONNIE LIM CHEMOIL Energy looks set to stay on the Singapore Exchange main board unlike earlier energy plays here such as Pearl Energy and Singapore Petroleum Company. All the indications point to Chemoil remaining listed, going by the take-up so far
      472 words
    • Article
      Lock icon More illegal asset sales in M&C venture uncovered
      384 7  -  M&C not ruling out further disposals by displaced legal rep By LYNETTE KHOO UNLAWFUL asset sales by a displaced legal representative of a Millennium Copthorne (M&C) joint venture in China turned out to be bigger than the US$47.8 million earlier disclosed. It
      384 words
    • Article
      Lock icon China Animal may start paying dividends mid-year
      612 9  -  Chairman allows resolution on placement shares to be defeated AGM WATCH By VEN SREENIVASAN CHINA Animal Healthcare could start paying dividends as early as mid-year if its expansion plans bear fruit. The company which has not paid a cent since it was listed
      612 words
    • Article
      Lock icon Noble Group starts Asia fuel oil operations, buys first cargo
      417 9 Reuters [SINGAPORE] Singapore-listed Noble Group, which started its oil product trading operations last year, has received its first physical fuel oil cargo and will start selling marine fuels next month, traders said yesterday. The cargo, about 100,000 tonnes of high-viscosity
      Reuters  -  417 words
    • Article, Illustration
      Lock icon Key changes at manager of MapletreeLog
      252 9  -  By UMA SHANKARI MAPLETREE Logistics Trust Management (MLTM), the manager of Mapletree Logistics Trust (MLT), yesterday announced changes to its senior management team. Under the changes taking effect on May 1, Chua Tiow Chye, chief executive officer and executive director of the industrial trust’s
      252 words
    • COMPANY BRIEFS
      • Article
        Lock icon China Env unit wins 76m yuan contracts
        64 9 CHINA Environment Ltd said its unit, Fujian Dongyuan Environmental Protection Co, Ltd, has secured three contracts worth 76.2 million yuan (S$15.3 million). The contracts were secured through the latter’s main contractor, Shanxi Electric. The projects to build electrostatic precipitators for the thermal power
        64 words
      • Article
        Lock icon Jurong Shipyard to negotiate sale of rig
        72 9 SEMBCORP Marine’s wholly owned subsidiary Jurong Shipyard Pte Ltd (JSPL) has signed a letter of intent with Seadrill Ltd to negotiate the sale of a harsh-environment CJ70 jackup drilling rig. The rig was originally contracted for construction for Petroprod Ltd, which had in
        72 words
      • Article
        Lock icon Tiong Seng raises $52.9m from IPO
        49 9 Bloomberg TIONG Seng Holdings raised $52.9 million from its initial share offering in Singapore and will start trading today. The proceeds raised may rise to $60.9 million if an over-allotment option is exercised, the company said in a statement to the Singapore Exchange.
        Bloomberg  -  49 words
  • Page 6 Advertisements
    • Advertisement
      Lock icon Page 6 Advertisements Column 1
      1656 6 J& CNA CNA GROUP LTD. (Incorporated in the Republic of Singapore) (Co. Reg. No. *****0449K) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Twentieth Annual General Meeting of CNA Group Ltd. will be held at Amara Singapore, Connection 1, Level 3,165 Tanjong Pagar Road, Singapore *****9 on
      1,656 words
    • Advertisement
      Lock icon Page 6 Advertisements Column 2
      220 6 The Shipping Conference will be a one-day event, and will include a welcome address by Capt. Khong Shen Ping, Assistant Chief Executive, Maritime Port Authority of Singapore on the current developments and trends in the shipping industry in Singapore and will provide some insights into the future direction of the
      220 words
    • Advertisement
      Lock icon Page 6 Advertisements Column 3
      12 6 Noble Group starts Asia fuel oil operations, buys first cargo, Pg 9
      12 words
Page thumbnail Page 7
  • Page 7 Advertisements
    • Advertisement
      Lock icon Page 7 Advertisements Column 1
      1006 7 Meet the World Gourmet Summit's tars m r EVENT HIGHLIGHTS FROM 1 9 TO 25 APRIL 2010 WORLD GOURMET SUMMIT Proudly Presented By dlibank" X uue/it !7(2(y//Z<y/tts FINE CUISINE I GREAT WINES UNIQUE DINING Celebrity Dinner With Oz Clarke Grand Copthorne Waterfront I 19 April 2010 I 7.00pm I SS188
      1,006 words
Page thumbnail Page 8
  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Investors sell into strength
      590 8  -  Turnover in the market remains at elevated levels for the second successive day STOCKS R SIVANITHY Senior Correspondent SINCE Wednesday’s 48-point jump in the Straits Times Index was in all likelihood buying ahead of a push on the major US indices that day, it probably came
      590 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 5 5 6 0 0 0 5 5 6 Manufacturing 72 72 73 4 5 21 76 77 94 Commerce 20 33 22 0 5 6 20 38 28 Tpt/Stor/Comms 15 18 12
      186 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      119 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 29,664 29,664 105,306 105,306 Manufacturing 648,249 27,902 676,151 383,030 1,670 384,700 Commerce 155,861 19,351 175,212 124,132 4,971 129,102 Tpt/Stor/Comms 212,554 1,416 213,970 401,757 268 402,024 Finance 53,200 53,200 382,779 382,779 Construction 51,264 43,790 95,054 15,063
      119 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      109 8 Stock name Close Change CapMallsAsia 2.270 -0.030 CapitaLand 4.160 -0.020 CapitaMall 1.830 CityDev 11.460 -0.040 ComfortDelGro 1.560 DBS Grp 15.540 +0.040 F&N 4.960 +0.020 Genting SP 0.910 Golden Agri 0.605 -0.010 HK Land 5.130 -0.010 JMH 35.780 +0.400 JSH 21.300 +0.300 Jardine C&C 28.880 -0.320 Keppel
      109 words
    • BROKERS’ TAKE
      • Article, Illustration
        Lock icon Singapore Strategy
        482 8 Singapore Strategy DBS GROUP RESEARCH, April 15 EXTRAORDINARY times, exceptional growth: Advance GDP estimates indicated that the Singapore economy is expected to clock an extraordinary growth pace of 32.1 per cent q-o-q in seasonally adjusted, annualised terms (13.1 per cent y-o-y) in the first quarter. This will go
        Source: Bloomberg  -  482 words
      • Article
        Lock icon Telecommunications sector
        462 8  -  CIMB-GK RESEARCH, April 15 Compiled by CONRAD TAN WE maintain our “underweight” stance as we do not expect any positive surprises in the upcoming Q1 2010 results. We also remain concerned given the rise in content cost in the short term, the pressure on broadband average revenue per
        462 words
    • Article, Illustration
      Lock icon Euro slides on persistent worries about Greece’s debt
      407 8 CURRENCIES Reuters [NEW YORK] The euro fell broadly yesterday as the cost of insuring against a Greek default rose, highlighting persistent concerns about how Greece will service its debt. The euro was on track for its biggest one-day fall in three weeks
      Reuters; BLOOMBERG  -  407 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 8 DAILY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      66 8 Apr 15 VALUE CLOSE BT OB/OS 812.00 +85.00 BT CADI -*****.00 -78.00 BT 10-day MA -*****.00 +81.00 FTSE ST Mid Cap 738.62 -0.81 FTSE ST Small Cap 598.97 -4.99 FTSE ST All Share 748.24 -1.06 FTSE ST China Top 310.25 -1.59 FTSE ST China 319.13 -1.97 FTSE
      66 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      56 8 VOLUME GMG Global 125,589,000 Ying Li 86,487,000 JiutianC 70,415,000 ChinaMinzhg 64,347,000 Cosco Corp 60,996,000 Golden Agri 53,344,000 CSE Global 44,986,000 SingTel 37,785,000 Rowsley 35,927,000 Genting SP 34,821,000 VALUE($) DBS Grp 140,195,775 SingTel 117,617,800 Cosco Corp 108,354,960 SGX 100,343,020 UOB 88,019,050 CapitaLand 87,782,470 ChinaMinzhg 75,850,560 NOL 66,516,400 Keppel
      56 words
    • Article
      Lock icon RISES
      107 8 BY CENTS CLOSE UP DBS.ES.1004 1556 118.0 8.2 JMH 3578 54.9 1.1 JSH 2130 41.2 1.4 DBXT FTChina25 10US$ 3150 38.5 0.9 SGX.ES.1004 820 37.0 4.7 Lyxor EasternEurope1 593 35.7 4.6 STXPO 100 1666 34.0 2.1 OCBC Bk 4.5%NCPS 100 ***** 28.0 0.3 UOB.ES.1004 2106 26.0 1.3 Capitaland.ES.1004 414
      107 words
    • Article
      Lock icon FALLS
      126 8 BY CENTS CLOSE DOWN DBXT Nifty 10US$ ***** -74.2 -0.4 GLD 10US$ ***** -71.4 -0.5 OCC 3.93% NCPS10 8700 -50.0 -0.6 DBXT S&P Short 10US$ 4934 -45.3 -0.7 Jardine C&C 2888 -32.0 -1.1 OUE 1626 -24.0 -1.5 Great Eastern 1580 -16.0 -1.0 Isetan 365 -10.0 -2.7 SIA 1544 -10.0
      126 words
    • Article
      Lock icon CURRENCIES
      87 8 Where S$ stands Apr 15 CHNG YR 2010 CLOSE FR Apr 14 S$ LOW S$ HIGH US$ 1.3738 0.28 1.4219 1.3738@ Euro 1.8646 0.78 2.0153 1.8560 Pounds 2.1245 0.00 2.2831 2.0845 A$ 1.2827 0.15 1.2960 1.2276 Yen* 1.4785 -0.36 1.5927 1.4731 Rupiah* 0.***** 0.28 0.***** 0.***** Baht* 4.2577 0.28
      87 words
Page thumbnail Page 9
  • Page 9 Advertisements
    • Advertisement
      Lock icon Page 9 Advertisements Column 1
      49 9 en r —i is^i I r 2 A "i I r rvj m m X X Si X X ROSE GOLD BLACK PVD LIMITED EDITION 11 PIECES POWER RESERVE 120 HOURS SGD 281,800 CAPTURE 2 CHRONO TOURBILLON E'COLLEZIONE EXCLUSIVELY AT MANDARIN GALLERY -R~. /F> T: +65 6737 3820 RJ
      49 words
    • Advertisement
      Lock icon Page 9 Advertisements Column 2
      281 9 Prestigious Address 8 Nassim Hill Exclusive FREEHOLD homes with private pool and lawn. Foreigners eligible. Viewing by appointment: 9847 1311 25% OFF TOTAL FOOD BILL at Barnacles Restaurant by the Sea mm '/M Enjoy waterfront dining by the South China Sea and indulge in fresh seafood and grill selections along
      281 words
Page thumbnail Page 10
  • GTI 2010
    • Article, Illustration
      Lock icon GTI to focus on director, risk info
      4633 10  -  Future scoring will be stricter with disclosures of how risks are managed and management’s relationships, says MAK YUEN TEEN MAK YUEN TEEN Mak Yuen Teen is Associate Professor of Accounting at NUS Business School THE top of the table retains a familiar look
      YEN MENG JIIN  -  4,633 words
  • Page 10 Advertisements
    • Advertisement
      Lock icon Page 10 Advertisements Column 1
      111 10 *Terms and conditions apply. Standard specifications may differ from model shown. COMES WITH EFFECTIVE RAIN 5ENSOR [u rap f CAPTIVA •i vrjj--»E2 "*2 -ir- L*rn TV It's a 4WD "get-away" vehicle that's also one of the best built in its class. With room for up to 7 and an interior
      111 words
Page thumbnail Page 11
Page thumbnail Page 12
Page thumbnail Page 13
  • SINGAPORE NEWS
    • Article
      Lock icon Singaporeans make the country special: PM Lee
      463 13  -  This helps the govt do the right things in getting out of last year’s recession By CHEW XIANG SINGAPORE has to be “extraordinary” if it wants to survive and make a living for itself, Prime Minister Lee Hsien Loong said yesterday in an
      463 words
    • Article
      Lock icon S’pore, China review trade pact
      217 13 JUST over a year after the China-Singa-pore free trade agreement kicked in, officials from the two sides have returned to the negotiating table to work on improvements. A statement released yesterday, after their first-round review of the FTA said: “The review reaffirmed Singapore and China’s
      217 words
    • Article
      Lock icon Examining the role of a pharmacist
      224 13 IT’S not just about dispensing pills anymore. Nowadays, some pharmacists even help to develop and manufacture new drugs. And the changing role and demand for pharmacists are sparking a need to have better training systems in place. This is precisely what is being addressed
      224 words
    • Article
      Lock icon New law firm postings
      174 13 TWO law firms are bucking the trend of consolidation with a slew of new appointments. Clifford Chance has appointed partner Geraint Hughes managing partner of its Singapore office from May 1. He takes over from partner Philip Rapp, who remains in Singapore as head of the
      174 words
    • Article
      Lock icon Retail spending in February jumps 4.8% year-on-year
      413 13  -  By JOYCE HOOI SINGAPOREANS are flocking back to the shops, according to the latest retail sales figures from the Singapore Department of Statistics (DOS). Retail sales in February grew 4.8 per cent year-on-year, outpacing January’s retail sales growth of 2.1 per cent y-o-y
      413 words
    • Article
      Lock icon 3-pronged approach to raise the audit bar
      282 13  -  By KAREN NG THE government is taking a three-pronged approach to foster a higher quality audit environment, in line with its aspirations of being a leading global accountancy services hub. To help small and medium practices raise their performance bar, it is tapping
      282 words
    • Article
      Lock icon Premium Nautical adds more brands
      431 13  -  BOAT ASIA Reports by VINCENT WEE THE marine leisure industry is stirring again, with some players combining to become bigger and others expanding their presence in Singapore. The Premium Nautical unit of Audi car dealer Premium Automobiles, for instance, is taking on the dealership for
      431 words
    • Article, Illustration
      Lock icon Show opens with record 70 boats on display
      378 13 THE Boat Asia show is growing from strength to strength, with a record 70 boats on display including 57 on water, and growing 14 per cent from the year before. The third edition of the show at Marina at Keppel Bay was
      378 words
  • Page 13 Advertisements
    • Advertisement
      Lock icon Page 13 Advertisements Column 1
      69 13 forgo autopack 1313 PRINT.SCAN.MANAGE Everything you need to print a card! VALUE PACKAGE! I 11 HDP5000 vFargo HDP 5000 single side card printer v200 pes pvc cards vl x YMCK color ribbon HDP film viDesign Lite ID Card single side card printer S$4,333-50/set ucTu J Autopack Pte Ltd. 1 Upper
      69 words
    • Advertisement
      Lock icon Page 13 Advertisements Column 2
      342 13 World Scientific Connecting Great Minds %Hobel Banqi nets Cntwj tf CnHury ffmuj Ulrica Soderlind ti •t y. > BEST-SELLING BOOKS ON THE NOBEL PRIZES Published by World Scientific, Singapore THE NOBEL BANQUETS A Century of Culinary History (1901-2001) by Ulrica Soderlind (Stockholm University, Sweden) There is hardly any other banquet
      342 words
Page thumbnail Page 14
  • MALAYSIA/INDONESIA
    • Article
      Lock icon M’sia’s 2010 growth forecast upped to 5.2%
      486 14  -  But MIER doubts budget deficit can be cut to a target of 5.6% of GDP By PAULINE NG THE Malaysian Institute of Economic Research (MIER) has upped its 2010 economic growth forecast to 5.2 per cent from 3.7 per cent amid what it
      486 words
    • Article, Illustration
      Lock icon Hundreds protest Jakarta security force
      540 14 They want unit disbanded after recent bloody clash [JAKARTA] Hundreds of demonstrators descended yesterday on City Hall to demand that Jakarta’s public security force be disbanded following bloody clashes over a Muslim tomb that left three dead and 156 wounded near a key seaport. The
      AP  -  540 words
    • Article
      Lock icon 3i seeking first investment in high-growth Indonesia
      570 14 Bloomberg [SINGAPORE] 3i Group plc, Europe’s largest publicly traded private equity firm, said that it is seeking its first investment in Indonesia because the nation offers the biggest growth potential in South-east Asia. The London-based firm plans to close a deal in the
      Bloomberg  -  570 words
  • Page 14 Advertisements
    • Advertisement
      Lock icon Page 14 Advertisements Column 1
      344 14 WINE DINE AND HOSPITALITY HOMAGE TO CORPORATE A SECRETARIES' WEEK SPECIAL SiwWoeeZOlo YOUTH-Olympic FAIRMONT SINGAPORE HONOURS THE ADORABLE 'ALLY' AND OFTEN THE HARD NOSE 'GLUE' THAT KEEPS THE BUSINESS TOGETHER WITH ENTICING DINING AND PAMPERING EXPERIENCES. 19 24 Apr 3-course set lunch 75 per person (inclusive of a glass of
      344 words
Page thumbnail Page 15
  • ECONOMY WATCH
    • Article, Illustration
      Lock icon IMF: jobless rate to stay high in advanced states
      429 15 It warns US, Europe and Japan to do more to jump-start employment market Reuters AFP [WASHINGTON] The International Monetary Fund (IMF) expects high rates of unemployment to continue in developed countries until the end of 2011, at an average of 9
      Reuters; AFP  -  429 words
    • Article
      Lock icon Fortune 500 slash record jobs as profits soar
      363 15 Reuters [NEW YORK] The Fortune 500 largest US companies slashed a record 821,000 jobs last year, even as their collective profit soared more than three-fold to US$391 billion, according to the business magazine, which issued the annual ranking yesterday. The companies suffered
      Reuters  -  363 words
    • Article, Illustration
      Lock icon BOJ sees pick-up in 7 out of 9 local economies
      484 15 Bloomberg [TOKYO] The Bank of Japan raised its economic assessment in seven of the country’s nine areas as Japan’s export-led recovery begins to gain momentum even as deflation persists. All local economies “had picked up, although there remained differences in
      Bloomberg; AFP  -  484 words
    • Article
      Lock icon US economy expanded ‘somewhat’ in March: Fed
      459 15 Bloomberg [WASHINGTON] The Federal Reserve says the economy expanded “somewhat” across the US in March as consumer spending and manufacturing improved. “Overall economic activity increased somewhat since the last report across all Federal Reserve Districts except St Louis, which reported ‘softened’ economic conditions,”
      Bloomberg  -  459 words
    • Article
      Lock icon IMF should take lead in Greek crisis, say institutes
      483 15 It can be more objective in enforcing fiscal discipline than the EU Bloomberg NYT [BERLIN] The International Monetary Fund (IMF) should take the lead in managing the crisis in the euro region fomented by Greece, Germany’s top economic institutes said yesterday.
      Bloomberg; NYT  -  483 words
  • Page 15 Advertisements
    • Advertisement
      Lock icon Page 15 Advertisements Column 1
      300 15 WORK a SHOP in DAMANSARA!! 3D2N One World 5* Hotel fr $210 2nights with breakfast 2 way on Firstcoach (timing 800, 1000, 1100, 1500, 1700,1900) FREE $50 Travel Voucher www.FIRSTCOACH.com.my BUY ONLINE NOW! $33 1way $55 2way 18 departures daily SPORE-KUL GLOBAL HOLIDAYS (TA*****) *****110/*****211 Warehouse (New) In Tuas For
      300 words
Page thumbnail Page 16
  • GREATER CHINA/INDIA
    • Article
      Lock icon China’s shift to low-carbon growth vital: UN
      493 16 Its current model hard to sustain as nation becomes more urbanised Reuters [SINGAPORE] China should step up its drive to a low-carbon growth model to maintain economic development and preserve achievements that have made it the world’s third largest economy, a United Nations
      Reuters  -  493 words
    • Article, Illustration
      Lock icon ALL’S WELL THAT ENDS WELL
      110 16 [HYDERABAD, India] Pakistan’s former cricket captain Shoaib Malik and Indian tennis star Sania Mirza posing during a ‘sangeet’ ceremony, part of their wedding festivities, in a photo provided by Mirza’s family on Wednesday. Mirza married Malik on Monday, after a romance that saw Malik forced
      AP  -  110 words
    • Article
      Lock icon Qinghai earthquake: 617 dead, including 66 students
      343 16 Bloomberg [BEIJING] China said 930 people are dead or missing after Wednesday’s earthquake in a remote western part of the country. The deaths of 66 students and 10 teachers in school collapses echoed the nation’s last major temblor in 2008. About 100,000 people
      Bloomberg  -  343 words
    • Article
      Lock icon Inflation rate hits 17-month high in March
      581 16 Central bank may raise interest rates next week: analysts Bloomberg [NEW DELHI] India’s inflation rate held at a 17-month high in March, increasing pressure on the central bank to raise borrowing costs next week. The benchmark wholesale price index stood at 9.90 per
      Bloomberg  -  581 words
  • Page 16 Advertisements
    • Advertisement
      Lock icon Page 16 Advertisements Column 1
      2017 16 BEATS cP NOTICES BUY IT-SELL IT-FIND IT IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF BABCOCK BROWN STORAGE MANAGEMENT HOLDINGS PTE LTD (IN MEMBER'S VOLUNTARY LIQUIDATION) (Company Registration No. *****3949G) NOTICE OF MEMBER'S VOLUNTARY LIQUIDATION Notice is hereby given that at an Extraordinary General
      2,017 words
    • Advertisement
      Lock icon Page 16 Advertisements Column 2
      352 16 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF PINNAKELL ASSET MANAGEMENT PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) (Co. Reg. No: *****8200W) At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 9 Temasek Boulevard #39-00 Suntec Tower Two, Singapore *****9
      352 words
Page thumbnail Page 17
  • ASIA-PACIFIC/WORLD
    • Article
      Lock icon Toyota to test SUVs, suspends Lexus GX output
      698 17 Move follows sales suspension of Lexus GX 460 on magazine warning Reuters AFP [TOKYO] Toyota Motor will conduct safety tests on all its sport utility models after a report claiming that a handling problem in a new version of Lexus put drivers
      Reuters; AFP  -  698 words
    • Article, Illustration
      Lock icon Prudential’s UK head to manage AIA integration
      417 17 Reuters [LONDON] Britain’s Prudential has appointed Rob Devey, currently head of UK and Europe, to lead the integration of its Asian operations and the Asian arm of rival AIG, after the sector’s biggest acquisition. Prudential announced last month that it planned to buy
      Reuters  -  417 words
    • Article
      Lock icon Lehman proposes plan to repay creditors partially
      436 17 Reuters [NEW YORK] Lehman Brothers laid out a plan to repay creditors a portion of some US$1 trillion in expected claims, under a proposal that could resolve the largest US bankruptcy in history. Lehman’s proposal in a disclosure statement on Wednesday to a
      Reuters  -  436 words
    • Article, Illustration
      Lock icon Baht seen sliding further as protests take toll on tourism
      569 17  -  By LEE U-WEN THE baht is likely to weaken further when Thailand’s financial markets reopen today after being shut the past three days for the country’s New Year celebrations, Finance Minister Korn Chatikavanij said yesterday. Economic growth for the year
      AP  -  569 words
  • Page 17 Advertisements
    • Advertisement
      Lock icon Page 17 Advertisements Column 1
      51 17 JURONG WAREHOUSE Up to 255,000 sq ft covered Up to 100,000 sq ft open space Automated Storage Retrieve System (ASRS) available Full rackings option Min. 7 metres floor to ceiling height •Ample loading/ unloading area Logistics services available Short long term lease available LHN Call GROUP CETO nncc iiii.iimjHi oo/o
      51 words
    • Advertisement
      Lock icon Page 17 Advertisements Column 2
      57 17 A K f L ii A E r. Ti r i n \i' tiK i A* l.j -j- VI N C II LUXURY DA VINCI LUXURY Available at Da Vinci Home Gallery 10 Tanglin Road Tel: +65 6738 6333 Please visit our other showroom DA VINCI COLLECTION at 191 Upper
      57 words
Page thumbnail Page 18
  • EDITORIAL & OPINION
    • Article
      Lock icon The right incentives to manage wealth
      491 18 EDITORIAL HIRING has resumed with a roar among banks in Singapore: a welcome relief after the nail-biting limbo that banks and consumers endured following Lehman’s collapse in 2008. At that time, it seemed that wealth creation was in suspension, amid fears that the global
      491 words
    • Article, Illustration
      Lock icon The blight of youth unemployment
      990 18  -  With some 15 million jobless youth in the OECD, social upheaval is inevitable NEIL BEHRMANN London Correspondent GLOBAL stock markets have recovered in the past year and there are hopes of economic revival, but there is little chance that it will remedy the blight of
      AFP  -  990 words
    • Article, Illustration
      Lock icon Safeguarding Hong Kong judiciary’s independence
      775 18  -  THE BOTTOM LINE FRANK CHING The writer is a Hong Kong-based journalist and commentator THE Hong Kong government announced last week that it had nominated a leading jurist, Justice Geoffrey Ma, to be the next head of the judiciary, succeeding Chief Justice Andrew Li, who
      775 words
    • Article, Illustration
      Lock icon Obama’s pragmatic stance on N-arms
      980 19  -  His proposals reflect the new global strategic realities and show he is no dreamer as his opponents make him out to be LEON HADAR Washington Correspondent LISTENING to Republican politicians and conservative pundits bashing US President Barack Obama’s proposals to limit and eventually eliminate the
      AFP  -  980 words
    • Article, Illustration
      Lock icon Japan’s economy still has life left in it
      852 19  -  WILLIAM PESEK JR The writer is a Bloomberg News columnist. The opinions expressed are his own COMEDIANS are going to have a field day with the newly formed Sunrise Party of Japan. Not a terrible name, considering this is the land of
      852 words
    • Article
      Lock icon SID stands for good corporate governance
      905 19  -  LETTER TO THE EDITOR Giang Sovann Executive director Singapore Institute of Directors WE refer to the article “SID should spell out where it’s coming from” (BT, April 13). It is unfortunate that the position of the Singapore Institute of Directors (SID) on the issue
      905 words
Page thumbnail Page 19
  • Page 19 Advertisements
    • Advertisement
      Lock icon Page 19 Advertisements Column 1
      261 19 MAT-3 NOTICES HTL HTL INTERNATIONAL HOLDINGS LIMITED (the "Company") (Registration No. *****4162H) SUPPLEMENTAL NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that at the Annual General Meeting of the Company, for which notice has been given on 14 April 2010 ("Original Notice") and will be held on Thursday 29
      261 words
Page thumbnail Page 20
  • AVIATION/SHIPPING
    • Article, Illustration
      Lock icon Iceland volcanic ash halts flights across Europe
      573 20 Thousands stranded as Britain, Ireland, Nordic countries close air space AP [LONDON] Ash clouds from Iceland’s spewing volcano disrupted air traffic across Europe yesterday as authorities closed air space over Britain, Ireland and the Nordic countries. Tens of thousands of passengers were stranded
      AP; AFP  -  573 words
    • Article
      Lock icon TRANSPORT STOCKS
      278 20 SGX '000 Apr 15 S$ +/-Vol CH Offshore 0.68 unch 785 Chuan Hup Hldgs 0.30 unch 189 Cosco Corp 1.75 -0.06 ***** CWT Ltd 1.04 -0.03 2772 Ezra Hldgs 2.35 -0.04 5411 First Ship Lease 0.65 0.01 2360 Freight Links 0.05 unch 183 Grand Banks 0.47 0.04 44
      278 words
    • Article
      Lock icon Demand rebounds for first, business class seats
      498 20 Reuters [GENEVA] Demand for first and business class plane seats is recovering with the revival of global trade, although demand remains below highs reached in 2008, airline industry association Iata said yesterday. “There is still some way to go before premium travel recovers
      Reuters  -  498 words
    • Article, Illustration
      Lock icon Jakarta invites US firm to invest in privatised Garuda
      390 20 Reuters [JAKARTA] Indonesia’s state enterprises ministry has invited US firm Capital Group to invest in flag carrier Garuda Indonesia when it is privatised soon, a senior official told Reuters yesterday. It also plans to invite Capital Group for a similar investment
      Reuters; YEN MENG JIIN  -  390 words
    • Article
      Lock icon Indian shipyard eyes rig operator in Europe
      278 20 Bloomberg [MUMBAI] Pipavav Shipyard Ltd, an Indian shipbuilder that counts billionaire John Fredriksen’s shipping line as a client, is in talks to buy an oil rig and shipping company in Europe, chairman Nikhil Gandhi said. Pipavav has 1.78 billion rupees (S$55.3 million) in
      Bloomberg  -  278 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2917 20 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi SQ457 1230 SQ456 1250 EY470 2220 Adelaide LH9771 1745 9W4082 2230 SQ268 1745 AF8088 2230 BA7382 2230 JL5083 2230 QF82 2230 --LH9770 2350 SQ269 2350 Amsterdam LO4031 0605 LO4032 2345 SQ323 0605 SQ324 2345 US5410 0605 US5411 2345 AZ3992
      2,917 words
  • Page 20 Advertisements
    • Advertisement
      Lock icon Page 20 Advertisements Column 1
      43 20 tabla! THE HEARTBEAT OF THE INDIAN COMMUNITY SHOP AND BE SAFE Mustafa Centre ramps up safety measures... and there's more to look forward to Tamil Hero speaks Kannada and eyes Bollywood r GET YOUR COPY TODAY FROM ALL 7-ELEVEN OUTLETS WHILE STOCKS LAST
      43 words
Page thumbnail Page 21
  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      9196 21 Transaction date: Apr 15 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 4.5 3148 8Telecom 17cd +0.5 548 17.5 16.5 17 17.5 1.7 10.6 5.5 81.4 10 4.5 5834
      9,196 words
    • Article
      Lock icon SGX CATALIST
      1794 22 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 t AA Grp 7 +2 243 7 5.5 6 7 38.9 6.7 25 12 8538 t APStrategic 20 unch
      1,794 words
    • Article
      Lock icon SGX ETF
      588 22 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 $mil 112 107 6389 ABF SG Bond ETF 112 109 112 511.3 876 527 CIMBAsean40 100US$ US876 +15 0 876 876 873 878 35 306
      588 words
    • Article
      Lock icon CLOB INTERNATIONAL
      259 22 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 $mil 56 26 6000 AVJennings A48.5 +1 12 49 48.5 47 49 3.6 7.2 3.9 126.3 31 9.5 6017 Genting HK US$ US20.5 -1 2688
      259 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      9329 22 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund!** 1.27/ APS Alpha Fund (USD)!** 0.92/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt S'pore Pte Ltd AXA WM -Talents Fund 0.74/ Aberdeen Asset Mgt Asia Limited American Opp 0.6756/ Asian Credit Fund 1.2442/ Asian
      9,329 words
Page thumbnail Page 22
Page thumbnail Page 23
  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      365 23 In local curr In S$ In US$ dy yr dy yr dy yr Apr 14 Index Change Change Change Change Change Change World Index Preliminary 888.5 0.6 6.7 -0.4 3.6 0.8 5.8 EAFE Preliminary 829.9 0.6 5.7 -0.3 1.1 1.0 3.1 Europe Preliminary 1184.4 0.6
      365 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      132 23 Apr 15 As at 9am Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2730 1.3040 Can dollar 1.3680 1.3840 Euro 1.8660 1.8860 NZ dollar 0.9740 0.9950 Sterling pound 2.1160 2.1400 US dollar 1.3660 1.3810 Local dollars to 100 units of foreign
      132 words
    • Article
      Lock icon STOCK INDEX FUTURES
      29 23 Apr 15 Open High Sett STI Apr 3009 3009 2998 SIMSCI Apr 357.8 359.8 357.4 Taiwan Apr 288.8 292.0 290.5 Source: MF Global (S) Pte. Ltd
      29 words
    • Article
      Lock icon INTERBANK RATES
      180 23 Apr 15 $S Offer Bid Overnight 0.06 0.03 1-month 7/16 3/16 2-months 9/16 5/16 3-months 11/16 7/16 Overnight mode: 0.05 US$ Offer Bid 7 days 0.28 0.24 1 month 0.35 0.25 2 months 0.38 0.28 3 months 0.40 0.30 6 months 0.52 0.42 9 months 0.90 0.70 12
      180 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      22 23 Apr 15 S$ Bid Offer 1-month 1.3732 1.3747 2-months 1.3732 1.3747 3-months 1.3732 1.3746 6-months 1.3731 1.3746 Source: OCBC
      22 words
    • Article
      Lock icon PALM OIL
      67 23 Apr 15 Apr KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Apr 10 2585 2586 2620 2585 190 1146 May 10 2536 2531 2544 2527 2387 ***** Jun 10 2519 2520 2529 2514 5569 ***** Jul 10 2514
      67 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      371 23 Apr 15 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Jun10 99.6400 0 4129 Sep10 99.4850 0 1044 Dec10 99.2250 0 1436 Mar11 98.8750 0 2838 EUROYEN TIBOR FUTURES Jun10 99.6100 99.6200 99.6100 99.6200 0 4384 Sep10 99.6350 99.6350 99.6350 99.6400 181 3540 Dec10 99.6450 0 1353
      371 words
    • Article
      Lock icon SICOM FUTURES
      168 23 Apr 15 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) May 10 411.0 411.0 411.0 4 Jun 10 393.0 8 Jul 10 374.5 374.0 374.0 100 Aug 10 359.0 Sep 10 355.0 Oct 10 350.0 TSR 20 (US cents/kg)
      168 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      88 23 Apr 15 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****X 15.07.2010 0.35 0.30 0.30 1-Year BY*****N 01.11.2010 0.36 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0A 2.625 01.04.2012 104.17 104.21 104.15 5-Year N*****0N 1.375 01.10.2014 101.07
      88 words
    • Article
      Lock icon CHICAGO BOT
      105 23 Apr 14 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low May 10 969.00 968.00 976.00 965.00 Jul 10 977.00 975.50 983.50 973.00 Aug 10 971.75 971.00 976.25 967.75 Sep 10 954.00 950.00 957.00 947.75 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low May 10 39.86 39.74 40.18
      105 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      77 23 CRUDE OIL PRODUCTS Apr 14 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 87.04 2.12 WTI (Near Mth) 85.96 1.93 Dubai (1-Mth F) 83.64 0.60 Tapis blend 88.35 0.75 Minas 87.55 0.75 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 81.88 0.38 Jet Kerosene 94.80 0.50 US$/barrel Opec Oil
      77 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      2518 23 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Tel Last Vol Conv Exer Disc Gear-Mths Code Company Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 4.5 unch 4799 1 15 -3 4.44 49 4085 ASJ W*****1 3.5 1 4 7 2.00 22 2036 Advance SCT Ltd W*****9 0.5 unch 196 1
      2,518 words
    • Article
      Lock icon INTERBANK CROSS RATES
      466 23 Apr 15 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.933 6.379 0.688 7.253 41.501 84.184 0.870 10.353 2.986 1.307 78.395 41.468 1.284 6.858 0.986 29.296 30.152 0.604 0.935 Canada 1.072 6.837
      466 words
    • Article
      Lock icon SIBOR
      85 23 Apr 15 (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$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths
      85 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      154 23 Apr 15 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2828 1.2850 0.9342 0.9348 Canadian dollar 1.3754 1.3771 1.0016 1.0018 Euro 1.8665 1.8685 1.3592 1.3593 NZ dollar 0.9817 0.9830 0.7149 0.7151 Sterling pound 2.1243 2.1266 1.5470 1.5471
      154 words
    • Article
      Lock icon PRECIOUS METALS
      139 23 Apr 15 GOLD (US$/oz) Apr 14 Apr 15 Hong Kong 1158.80 1153.80 Apr 13 Apr 14 London 1145.95 1157.30 1146.75 1158.10 Source: Thomson Reuters CAST BAR Apr 15 (S$) Selling Buying Kilobar 54,848.20 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 123.05 51 5gm 348.82 256 10gm 622.74
      139 words
    • Article
      Lock icon LONDON METALS
      71 23 Apr 14 Apr 14 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2426.25 2403.25 3 months 2462.00 2436.00 Copper, Grade A (US$/tonne) Cash 7917.00 7867.25 3 months 7950.00 7900.00 Lead (US$/tonne) Cash 2336.25 1335.75 3 months 2360.00 2358.00 Nickel (US$/tonne) Cash *****.00 *****.50 3 months *****.00 *****.00 Tin (US$/tonne)
      71 words
    • Article
      Lock icon LIFFE
      77 23 Apr 14 COCOA (£/tonne) Close Prev High/Low May 10 2116 2121 2132/2107 Jul 10 2135 2141 2152/2126 Sep 10 2107 2119 2130/2102 Dec 10 2080 2097 2105/2079 COFFEE (US$/tonne) Close Pev High/Low May 10 1348 1346 1358/1339 Jul 10 1386 1383 1394/1376 Sep 10 1417 1416 1424/1408 SUGAR (US
      77 words
Page thumbnail Page 24
  • Page 24 Advertisements
    • Advertisement
      Lock icon Page 24 Advertisements Column 1
      1481 24 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 Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Destination STXPO TBN New Orleans/Camden *Loads E./W. Malaysia, Indonesia Destination PACIFIC RICH
      1,481 words
    • Advertisement
      Lock icon Page 24 Advertisements Column 2
      1605 24 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:
      1,605 words
Page thumbnail Page 25
  • Page 25 Advertisements
    • Advertisement
      Lock icon Page 25 Advertisements Column 1
      1164 25 HDS LINES THE SHORTEST TRANSIT TO PERSIAN GULF Visit our website at: http: TBA DIRECT CONTAINER LINE SERVICE TO KARACHI, DUBAI, IRANIAN PORTS, CIS, PERSIAN GULF, MED AND NORTHERN EUROPE HDSLINES, ASIA/MED EXPRESS SERVICE (FMX) SIN JEDDAH 12 DAYS SIN DAMIETTA 15 DAYS SIN MALTA 17 DAYS SIN ISTANBUL 18
      1,164 words
    • Advertisement
      Lock icon Page 25 Advertisements Column 2
      620 25 EASTERN CAR LINER, LTD SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS INTRA-ASIA SERVICE VOY Ramp(KT) Lifting(KT) SIN PKL SEM JKT SUR BTU ADMIRE CORAL 29 60 25/04 27/04 29/04 SEPANG EXPRESS 2 50 01/05 02/05 04/05 LUNA AZUL 104 35 80 03/05 06/05 08/05 10/05 13/05 BRISA AZUL 109
      620 words
    • Advertisement
      Lock icon Page 25 Advertisements Column 3
      279 25 TEL: (65) 6225 3522 FAX: (65) 6225 2436 Agents: Ben Line Agencies Contact CC Phoon 6420 9181 Contact Peggy Hwang 6420 9180 SHUTTLE SINGAPORE CHENNAI SINGAPORE CALCUTTA SINGAPORE HALDIA COLOMBO CALCUTTA COLOMBO CHENNAI COLOMBO TUTICORIN COLOMBO COCHIN VESSEL VOY SIN CHN SIN OLYMPIA 796N 17-18/04 24-25/04 01-02/05 WAN HAI 307
      279 words
    • Advertisement
      Lock icon Page 25 Advertisements Column 4
      831 25 WEEKLY EXPRESS SAILING SCHEDULE WESTBOUND TO: COLOMBO, COCHIN, NHAVA SHEVA, JEBEL ALI ALSO ACCEPTING CONTAINERS TO ALL NORTHERN AND WESTERN INDIAN ICD POINTS VESSEL VOY SIN PKL (W PORT) CMB (JCT2) NSA (NSICT) SCI VIJAY 041W 15 APR 16 APR OMIT 24 APR SCI KOLKATA 010W 20 APR 21 APR
      831 words
Page thumbnail Page 26
  • executive lifestyle
    • Article
      Lock icon The other traffic news
      557 26  -  off the cuff jaime ee GOOD morning Singapore! Welcome to CLASSY45.75AM a brand new radio station that specialises in equal opportunity stereotyping. We started this station after hearing that one of our competitors likes to read the traffic news in a mock Indian accent. We would
      557 words
    • Article, Illustration
      Lock icon Room for the unique
      1518 26  -  MELISSA LWEE Fun seekers and companies who want to hold an event with a difference can now have their wishes met, reports MELISSA LWEE IN THE past year alone, watch label IWC surprised guests with dinner served onstage at the Esplanade; ION Orchard hosted a gala
      ARTHUR LEE; ION ORCHARD; REUTERS  -  1,518 words
  • Page 26 Advertisements
Page thumbnail Page 27
  • CINEMA
    • Article, Illustration
      Lock icon A romantic comedy with serious themes
      547 27  -  Greenberg is about adult situations, grown-up relationships, real life, says GEOFFREY EU GEOFFREY EU IN Greenberg, a movie about two people with delicate psyches who may or may not have a future together, director Noah Baumbach makes a point of framing the faces of
      BLOOMBERG  -  547 words
    • Article, Illustration
      Lock icon Tackling the virginity issue with humour, intelligence
      625 27  -  By GEOFFREY EU DEPENDING on your point of view, a movie that opens with a teenage boy masturbating under the covers is: a) in bad taste, b) providing comic relief, c) harbours serious arthouse ambitions or d) all of the above. In any
      BLOOMBERG  -  625 words
    • Article, Illustration
      Lock icon Crossing Delancey, with a Hong Kong twist
      459 27  -  By GEOFFREY EU CROSSING Hennessy takes a well-worn formula and breathes new life into it by giving it a Hong Kong twist: bachelor-by-choice momma’s boy gets match-made with an equally reluctant younger woman an unlikely courtship ensues. It’s a variation on the standard
      459 words
    • Article, Illustration
      Lock icon Lots of questions but not enough answers
      649 27  -  By GEOFFREY EU FROM the opening moments in Shutter Island, when a vintage ferry emerges from a thick bank of fog in Boston Harbor and two federal marshals on board stand in the morning chill discussing the case they are about to investigate
      BLOOMBERG  -  649 words
    • Article, Illustration
      Lock icon Skipping the adolescent angst
      436 27  -  DVD REVIEW By CHRISTOPHER LIM FANS of the Twilight saga need only wait till June 30 for Eclipse, the third movie instalment, but the Two-Disc Special Edition of New Moon is so well put-to-gether that it’s bound to tide over those who can’t wait that long
      436 words
Page thumbnail Page 28
  • MUSIC
    • Article, Illustration
      Lock icon More than just retro
      946 28  -  Deep Purple and Tears For Fears have lots up their sleeves, reports CHRISTOPHER LIM CHRISTOPHER LIM WHEN acts whose biggest hits were decades ago perform here, one might assume their appeal to be purely nostalgic, but that isn’t completely the case with Deep Purple, nor with
      946 words
    • Article, Illustration
      Lock icon Intellectual jazz excursions
      543 28  -  CD REVIEW By CHRISTOPHER LIM CEREBRAL jazz artists like pianist Brad Mehldau and guitarist Pat Metheny play a coolly intellectual brand of jazz that contrasts sharply with the raw spontaneity of Jamie Cullum. But where Cullum is limited by his inability to read and write musical notation,
      543 words
    • Article, Illustration
      Lock icon Jazz’s best mainstream hope
      661 28  -  By CHRISTOPHER LIM ANYONE who can bring an Esplanade Concert Hall audience to its feet and turn the naturally austere venue into a rock concert arena deserves kudos, but to do that with jazz is something else entirely, which is why Jamie Cullum is special. The
      661 words
  • Page 28 Advertisements
    • Advertisement
      Lock icon Page 28 Advertisements Column 1
      29 28 UFIND THE ONES J THAT FIT! %> y Recruit the right people through CATS Recruit. I Call 1800 289 8822 or email recruit@sph.com.sg j to advertise. 1 1 •n 1
      29 words
Page thumbnail Page 29
  • ARTS/GAMING
    • Article, Illustration
      Lock icon Get razzle-dazzled Broadway style
      667 29  -  Chicago the musical, is back here again. NATALIE KOH takes a look at how it will compare to the Broadway version NATALIE KOH HEREcomestheoft-asked question: Can a Broadway show that’s performed in Singapore ever be as good as the New York version? The answer can never
      JEFF BUSBY  -  667 words
    • Article, Illustration
      Lock icon Talking bodies and soles
      373 29  -  By MELISSA QUEK THE earliest memories of Beijing-based choreographer Wen Hui are of dancing on her mother’s big bed with a mosquito net as a curtain. Beginning her professional dance training at age 13, she then studied choreography at Beijing Dance Academy. Now she searches for
      RICKY WONG  -  373 words
    • Article, Illustration
      Lock icon The ancient royal and military instruments
      819 29  -  CHINESE ORCHESTRA By SAMUEL WONG SHENGMIAO The writer is the artistic director of The Teng Company, a lecturer and the author of two books on Chinese music HAVING been likened to a phoenix at rest with its wings closed, the sheng, a multireed mouth
      819 words
    • Article, Illustration
      Lock icon Keeping players on their toes
      497 29  -  By LEE KIM SIANG WHEN was the last time you were caught up in the strength of a game’s narrative? Or were genuinely invested in the emotional turmoil of the protagonists? The PlayStation 3 exclusive title Heavy Rain promises to engage gamers that are willing
      497 words
  • Page 29 Advertisements
    • Advertisement
      Lock icon Page 29 Advertisements Column 1
      37 29 :T —4 Kt ir*—; 2 Resort BunaalowS'@.CoraHsland' The Best In Sentosa Cove for Sale 7,500 Or 10,000 sq feet Built In Foreigners Eligible JERRY LUM Marketing Director, MBA, CES '5" HP+65 8288 0098 http://jerrylum.myweb.sg/ ft, 1 *ft.
      37 words
Page thumbnail Page 30
  • BOOKS/ARTS
    • Article, Illustration
      Lock icon Bursting into song
      1019 30  -  Andrea Levy, the British author whose award-winning books explore her Jamaican ancestry, tells CLARISSA TAN that when she was young all she wanted was to be Julie Andrews CLARISSA TAN AN interview with Andrea Levy is punctuated with bursts of laughter, both on her part and yours.
      DESMOND KHOH  -  1,019 words
    • AROUND TOWN
      • Article, Illustration
        Lock icon Diversity via grid format
        187 30 INDIGO Blue Art presents a new collection of 46 works by 23 artists that offers a panoramic view of Indian art today in a show titled Whole. The art on display is not aligned by concept or theme but collates a variety of styles that is
        187 words
      • Article, Illustration
        Lock icon Postcard-sized artworks
        232 30  -  Compiled by MADHVI SUBRAHMANIAN PAMERAN Poskad 2010 is an exhibition of postcard-sized artworks that exhibits art by people from all walks of life. It is organised by Keyakismos, Cris Mora, and Ampulets. Anyone that has a desire to create and exhibit their artwork has been allowed to show
        232 words
    • Article, Illustration
      Lock icon Force of July
      445 30  -  The Long Song By Andrea Levy Headline Review Price before GST: $30.95 Pages: 312 Rating: A By CLARISSA TAN AT various junctures of The Long Song Andrea Levy’s novel which chronicles the experiences of a Jamaican slave woman in the 19th century we are reminded of the
      445 words
    • Article, Illustration
      Lock icon Experiencing history through technology
      690 30  -  By MADHVI SUBRAHMANIAN ONE does not normally link history, much less education, with computer gaming. In a move to interest young Singaporeans in the country’s heritage, the National Heritage Board (NHB) is using a language that they understand. It has created a first-of-its kind video game
      690 words
Page thumbnail Page 31
  • WINE
    • Article, Illustration
      Lock icon Knowing your wine preference
      931 31  -  That is what the Bibendum survey does to help drinkers zero in on their preferred wines. DAVEN WU looks at the implications of the survey on the wine industry and drinkers DAVEN WU SOMEWHERE along the way, the social habit of drinking wines has become immensely
      931 words
    • Article, Illustration
      Lock icon This side of perfection
      974 31  -  By N K YONG IN February this year, I reported on an exceptional wine dinner in Abu Dhabi which paired the wines of Weingut Egon Muller-Scharzhof with a foie gras dinner by chef Dieter Kaufmann (of Zur Traube, Grevenbroich, Germany). A repeat performance of this magical
      974 words
  • Page 31 Advertisements
  • Page 31 Miscellaneous
    • Miscellaneous
      Lock icon Page 31 Miscellaneous Column 1
      302 31 CRYPTIC CROSSWORD Across 1 Vehicle makes way for others (10) 6 Element muezzin ceremoniously included (4) 9 Holder of land speed record (10) 10 Not the customer to do a fair deal? (4) 12 Mark one’s financial record as a lie (12) 15 Not starting imagine unravelling puzzle (6) 16
      302 words
Page thumbnail Page 32
  • Page 32 Advertisements
    • Advertisement
      Lock icon Page 32 Advertisements Column 1
      26 32 Published and printed by Singapore Press Holdings Limited. Co. Regn. No. *****2868E. A member of Audit Bureau of Circulations Singapore. Customer Service (Circulation): 6388-3838, circs@sph.com.sg, Fax
      26 words