The Business Times, 7 May 2010
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2010-05-07
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The Business Times
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Title Section23 2010-05-07 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|Sl A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 123/08/2009 Friday, May 7,201023 words
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1055 2010-05-07 1 UMA SHANKARI - Council for Estate Agencies to raise standards, introduce new rules by year-end By UMA SHANKARI [SINGAPORE] The Ministry of National Development (MND) will set up a new statutory board to raise the professionalism of the real estate agency industry and better safeguard consumers’1,055 words
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Article141 2010-05-07 1 ST INDEX 2,839.65 (-20.66) ST INDEX FUTURES 2,828 (-21) SIMSCI 337.22 (-0.84) SIMSCI FUTURES 335.00 (-0.90) FOREX US$ S$ US$ (S$ per US$) 1.395 (US$/S$ per 1.504 2.098 EURO (US$/S$/E) 1.279 1.785 Foreign currency per US$ S$ YEN 93.50 67.00 RM 3.260 2.336 HK$ 7.770 5.568 BAHT 32.36141 words
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725 2010-05-07 1 CHEW XIANG - Latest remedy for problems in the eurozone is leaving markets deeply dissatisfied By CHEW XIANG [SINGAPORE] The word of the week is “contagion”. Markets have started fretting for new targets after Greece won a 110 billion euro (S$195 billion) bailout on Sunday and725 words
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Page 1 Advertisements
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Advertisement191 2010-05-07 1 EMERGING ENTERPRISE Leong Guan taking S’pore noodles abroad FESTIVALS AROUND THE WORLD It’s England’s national day PAGE 36 BOOKS Charting his own course PAGE 34 PAGE 12 CORPORATE RESULTS StarHub Q1 earnings down 48% PAGE 6 EXECUTIVE LIFESTYLE One man’s wine world PAGE 30 WINE From a hill called Hermitage191 words
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Advertisement10 2010-05-07 1 Commentary: Now playing, The Global Crisis, Act II, Page 210 words
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TOP STORIES
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Article, Illustration454 2010-05-07 2 Dissolution date set for second half of Sept but Red Shirts want firmer timeline AFP [BANGKOK] Thailand’s premier yesterday outlined plans to dissolve Parliament in September for polls aimed at ending a political crisis, but suspicious an-ti-government protesters demanded a firmer timeline. The “RedAFP - 454 words
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900 2010-05-07 2 VIKRAM KHANNA - COMMENTARY By VIKRAM KHANNA ONE of the more eyebrow-raising news items in the last couple of days was the proposal by the German government for the European Union to make provisions to allow for “orderly default” by eurozone countries on their sovereign debts.900 words
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552 2010-05-07 2 NEIL BEHRMANN - Cameron could lead Conservative-Liberal Democrats coalition By NEIL BEHRMANN MILLIONS of British people have voted in the most tightly contested UK election in a generation. Early signs indicate a high turnout of the more than 44 million registered voters, as The Business552 words
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484 2010-05-07 2 MICHELLE QUAH - IDs and issue manager touch base with top law firm By MICHELLE QUAH [SINGAPORE] The fallout from New Century ShipBuilding’s sudden withdrawal of its initial public offering (IPO) this week ostensibly for material inaccu- racies in its prospectus has begun.484 words
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Article569 2010-05-07 2 Lurching markets wait for next Greece THE word of the week is “contagion”. Markets have started fretting for new targets after Greece won a 110 billion euro (S$195 billion) bailout on Sunday and have fastened on fellow European strugglers and the common currency. The euro fell below 1.30569 words
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Article, Illustration687 2010-05-07 4 PAULINE NG - Analysts suggest an aviation framework might help ease disputes By PAULINE NG AN on-going turf fight between Malaysia’s two carriers has spilled into a war of words with each charging the other of not playing ball and harming the nation’s interests. Over thePHOTOS: BLOOMBERG - 687 words
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537 2010-05-07 4 EMILYN YAP - HDB releases COV figures amid worries caused by reports of sky-high resale flat prices By EMILYN YAP [SINGAPORE] As resale flat prices continue to climb, is it still possible to secure a home by paying a cash premium of $20,000 or less?537 words
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Page 2 Advertisements
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Advertisement158 2010-05-07 2 AV ONE TOTAL AUDIO VISUALISM* THE EXPERTS IN HOME ENTERTAINMENT SYSTEM v HI-FICHOICE/ magazine CHOICE AWARDS HI'FICHOICE SOUND magazine MAG pwaM Bfi Wireless Stereo System Designed by Philipe Starck $2688 Together with an array of award-winning products, AV One invests all it's effort and expertise to ensure that your new158 words
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Page 3 Advertisements
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Advertisement230 2010-05-07 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 architectural230 words
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Page 4 Advertisements
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Advertisement83 2010-05-07 4 www.hybridmotors.com.sg First Class Travel A journey of 6-Star relaxation begins as you enter the lush spaciousness of ALPHARD (RoyaCCounge from Hybrid Motors. Indulge in the extravagance of capacious power seats, bathed in ambient interior lighting, and slip into silent contemplation. Hybrid M MOTORS HP Luxury M P V S U83 words
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Page 5 Advertisements
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Advertisement461 2010-05-07 5 I V, I I m'v i mi imilvt) 12'" < i t V'\ 1 V in m an iM H an >■■ H! I 1 W' A Sp® AN y iK A7>', Pa i s "?FTT the fastest way to get you there Altitude 1.6 miles per S$1 spend all461 words
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COMPANY NEWS
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567 2010-05-07 6 WINSTON CHAI - But telco expects better earnings later, with higher ARPU of smart phones By WINSTON CHAI STARHUB’S first-quarter net profit was almost halved from a year ago as its cost base skyrocketed after taking a bite at the Apple iPhone and other Web-enabled567 words
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429 2010-05-07 6 JASLENE PANG - By JASLENE PANG NUCLEUS Connect, which will operate Singapore’s Next Generation Nationwide Broadband Network (NBN), yesterday unveiled its wholesale interconnection offer (ICO) pricing for retail service providers (RSPs). The pricing has been approved by the Infocomm Development Authority of Singapore (IDA). RSPs can now officially429 words
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620 2010-05-07 6 LEE U-WEN - Have a heart, telcos make your customers happy HOCK LOCK SIEW By LEE U-WEN ENOUGH has been said about the ongoing controversy surrounding Singapore’s inability as yet to secure the rights to beam the World Cup here. Even with the tournament the most glamorous and prestigious football event in the620 words
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484 2010-05-07 9 VINCENT WEE - Cost of sales up 27%, resulting in one-third fall in gross profit By VINCENT VINCENT WEE COSCO Corp (Singapore)’s net profit dipped 4 per cent to $31.7 million for the first quarter although turnover climbed 17 per cent to $835.0 million,484 words
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Article, Illustration328 2010-05-07 9 SAMUEL EE - By SAMUEL EE POWERED by a 17.9 per cent year-on-year rise in sales to $114.1 million as the economy recovered, auto company YHI International lifted net profit 23.8 per cent to $4.8 million for the first quarter ended March 31. Singapore-based YHI anFILE PHOTO - 328 words
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Article, Illustration566 2010-05-07 9 Bloomberg NOBLE Group Ltd, the commodities supplier part owned by China Investment Corp, said first quarter profit rose 28 per cent as demand and prices of coal, iron ore and aluminium improved with the economic recovery. Net income increased to US$115 million,Bloomberg - 566 words
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Article366 2010-05-07 9 CHAN YUPING - Results helped by acquisition, financial asset disposal By CHAN YUPING CWT Limited’s acquisition of a defence logistics firm in January this year has paid off. A provider of integrated logistics solutions and engineering maintenance and facilities management services, CWT yesterday reported a 27366 words
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367 2010-05-07 9 NISHA RAMCHANDANI - By NISHA RAMCHANDANI PARKWAY Life Real Estate Investment Trust (PLife Reit) saw its distribution per unit (DPU) for the first quarter ended March 31 rise 9.7 per cent to 2.07 cents, from 1.89 cents in the previous corresponding quarter. This translates367 words
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541 2010-05-07 9 Reuters FRASERS Centrepoint Trust (FCT) said yesterday it is confident of maintaining historical revenue growth rates and is looking to buy malls in Malaysia to diversify its business. FCT, which owns four suburban malls in Singapore, recorded compounded gross revenue growth of 7.5 perReuters - 541 words
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Article, Illustration408 2010-05-07 10 EMILYN YAP - By EMILYN EMILYN YAP HERSING Corporation better known for its real estate agency ERA has ambitious plans for its self-storage business, hoping to spin this segment into a real estate investment trust one day. Its chairman Harry Chua shared this vision yesterday as408 words
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328 2010-05-07 10 CHAN YUPING - Gross profit margin falls; first interim dividend of 0.25 cents per share By CHAN CHAN YUPING MIDAS Holdings has achieved a 16.6 per cent rise in first-quarter net profit to $9.9 million, helped by a 47.5 per cent surge in revenue to328 words
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COMPANY BRIEFS
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96 2010-05-07 10 OTTO Marine unit Otto Marine Services Pte Ltd has issued $100 million of 4.845 per cent fixed rate notes. The notes, which will mature on May 6, 2013, are the first series issued under the $500 million Medium Term Note programme established on April96 words
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146 2010-05-07 10 THAKRAL Corporation Ltd said it has sold its stake in India-listed logistics group, Gateway Distriparks Ltd (GDL), and will reap a net gain of about $29.9 million in the income statement for 2010 from the sale. On Dec 31, 2009, the GDL shares were146 words
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Article56 2010-05-07 10 SINGAPORE Technologies Engineering (STE) announced that it has set up a wholly owned subsidiary, ST Engineering Financial II Pte Ltd (STEF-2). STEF-2 is set up as a fund vehicle for funds placement. It will be applying to the Monetary Authority of Singapore for the56 words
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59 2010-05-07 10 CACOLA Furniture International warned that it expects to report a loss for the first quarter of 2010 compared to a year ago. This is due mainly to the increase in selling and distribution expenses incurred from the advertising campaign carried out to boost the number59 words
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Article53 2010-05-07 10 FRASER and Neave Ltd said Ng Jui Sia, 58, will step down as chief executive officer of Times Publishing Ltd to take up an appointment with its Malaysian unit, Fraser Neave Holdings Bhd, as chief executive officerdesignate from July 1 and then as CEO53 words
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Page 6 Advertisements
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Advertisement602 2010-05-07 6 MANN SENG METAL INTERNATIONAL LIMITED (Incorporated in the Republic of Singapore on 8 October 2009) (Company Registration No.: *****8800R) Invitation in respect of 20,000,000 New Shares comprising 20,000,000 Placement Shares at SS0.25 for each Placement Share by way of placement, payable in full on application. The Board of Directors of602 words
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Advertisement215 2010-05-07 6 s MANN SENG METAL INTERNATIONAL LIMITED I P 1 r r ONE-STOP METAL SOLUTIONS PROVIDER FOR: FOOD BEVERAGE INDUSTRY > OIL GAS INDUSTRY SEMICONDUCTOR INDUSTRY HEALTHCARE INDUSTRY Spreading Our Wings to Singapore We are a Malaysia-based integrated metal engineering group engaged in contract manufacturing for original equipment manufacturers (OEM), and215 words
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Page 7 Advertisements
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Advertisement1317 2010-05-07 7 BT ADVERTORIAL A vision for innovation WHEN the going gets tough, the tough start innovating that was the operating mantra most companies adopted in 2008 when they were confronted with the onset of what would eventually turn out to be one of the worst downturns in history. As economies started1,317 words
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SINGAPORE MARKETS
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Article, Illustration576 2010-05-07 8 R SIVANITHY - 20.7-point fall brings index’s total weekly decline to 134 points or 4.5 per cent so far STOCKS R SIVANITHY Senior Correspondent TRADERS yesterday banked on European markets and Wall Street bouncing on Thursday by cautiously positioning themselves accordingly. Although the Straits Times Index fellSource: Bloomberg - 576 words
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Article63 2010-05-07 8 May 6 VALUE CLOSE BT OB/OS -1230.00-209.00 BT CADI -*****.00-256.00 BT 10-day MA -*****.00-123.00 FTSE ST Mid Cap 691.86 -9.64 FTSE ST Small Cap 550.33 -8.67 FTSE ST All Share 702.67 -6.21 FTSE ST China Top 278.84 -4.79 FTSE ST China 298.27 -2.38 FTSE ST Catalist 1219.8963 words
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Article59 2010-05-07 8 VOLUME Genting SP 171,739,000 Golden Agri 107,970,000 Cosco Corp 73,879,000 Yangzijiang 69,803,000 Sapphire 58,946,000 GMG Global 58,075,000 RafflesEdu 36,756,000 Baker Tech 35,619,000 Noble Grp 35,464,000 Transcu Grp 34,379,000 VALUE($) Genting SP 160,570,894 UOB 143,254,840 DBS Grp 129,875,284 Cosco Corp 115,331,370 OCBC Bk 103,983,750 Noble Grp 102,147,130 CapitaLand59 words
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Article186 2010-05-07 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 3 12 2 0 0 0 3 12 2 Manufacturing 24 120 56 7 5 20 31 125 76 Commerce 12 34 21 1 6 6 13 40 27 Tpt/Stor/Comms 6 24 12186 words
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BROKERS’ TAKE
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Article, Illustration439 2010-05-07 8 May 6 close: S$8.64 CIMB Research, May 6 OCBC Bank is our new top pick in the banking sector: We upgraded OCBC from “neutral” to “outperform” on Wednesday, after its results release. OCBC’s share price has underperformed year-to-date, partly on concerns over capital strain from Basel III implementation,Source: Bloomberg - 439 words
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Article513 2010-05-07 8 CONRAD TAN - OCBC Investment Research, May 6 Compiled by CONRAD TAN UNCERTAINTIES in macro environment weigh on oil price: After reaching a high of about US$86 per barrel (bbl) in early April this year, oil prices have trended slightly lower to about US$82/bbl. Renewed worries in the euro513 words
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Article119 2010-05-07 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 30,147 30,147 119,117 119,117 Manufacturing 475,307 56,642 531,949 379,039 3,284 382,323 Commerce 135,513 12,010 147,523 209,355 2,291 211,646 Tpt/Stor/Comms 220,700 1,952 222,652 359,075 228 359,303 Finance 48,307 48,307 434,174 434,174 Construction 83,791 62,506 146,297 17,005119 words
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Article112 2010-05-07 8 Stock name Close Change CapMallsAsia 2.000 -0.080 CapitaLand 3.600 -0.030 CapitaMall 1.920 -0.040 CityDev 10.360 +0.040 ComfortDelGro 1.460 -0.020 DBS Grp 14.660 +0.020 F&N 4.550 -0.060 Genting SP 0.950 +0.040 Golden Agri 0.550 -0.005 HK Land 5.020 +0.010 JMH 34.700 -2.420 JSH 19.720 -1.460 Jardine C&C112 words
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Article, Illustration433 2010-05-07 8 CURRENCIES Reuters [NEW YORK] The euro tumbled to a 14-month low against the dollar yesterday after the European Central Bank (ECB) failed to offer any additional measures to ease the Greek debt crisis, which investors fear could spread across the region. Confidence inReuters; AFP - 433 words
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Article110 2010-05-07 8 BY CENTS CLOSE UP GLD 10US$ ***** 108.8 0.7 DBXT S&P Short 10US$ 5104 26.5 0.4 OCBC Bk 4.5%NCPS 100 ***** 20.0 0.2 CapitalaBNPePW*****1 23 15.5 206.7 HsuFuChi 265 14.0 5.6 Lyxor India Nifty 10 1575 14.0 0.9 GuocoLand Ltd 228 8.0 3.6 H Royal 298 8.0 2.8 UOI110 words
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Article120 2010-05-07 8 BY CENTS CLOSE DOWN JMH 3470-337.4 -6.5 JSH 1972-203.6 -6.9 DBXT MSAsExJp 10US$ 2772-199.4 -4.9 DBXT Nifty 10US$ *****-195.2 -1.2 DBXT MSINDO 10us$ 1128-132.5 -7.8 DBXT MSEurope 10US$ 3860-131.1 -2.4 UOB.ES.1005 1874 -94.0 -4.8 DBXT FTChina25 10US$ 2805 -80.9 -2.0 Venture Corp 910 -77.0 -7.8 Jardine C&C 2878 -72.0120 words
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Article87 2010-05-07 8 Where S$ stands May 6 CHNG YR 2010 CLOSE FR May 5 S$ LOW S$ HIGH US$ 1.3907 0.42 1.4219 1.3680 Euro 1.7794 0.73 2.0153 1.7794@ Pounds 2.0959 0.52 2.2831 2.0845 A$ 1.2612 0.11 1.2960 1.2276 Yen* 1.4833 -0.64 1.5927 1.4467 Rupiah* 0.***** 1.63 0.***** 0.***** Baht* 4.2976 0.4287 words
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Page 10 Advertisements
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Advertisement1089 2010-05-07 10 IUTI noble 'JJg,' group (Incorporated in Bermuda with limited liability) First Quarter Results 2010 Dear Shareholders The Board of Directors of Noble Group Limited is pleased to present the unaudited consolidated financial results for the first quarter of 2010, together with those of the corresponding period of 2009. It was1,089 words
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Advertisement19 2010-05-07 10 Attract more interest from investors. Place your IPO notice in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg.19 words
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SINGAPORE NEWS
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303 2010-05-07 11 EMILYN YAP - By EMILYN YAP THE Housing Development Board (HDB) is offering 1,050 new flats in Jurong West and Yishun under the build-to-order (BTO) scheme. This brings the number of new BTO units it has launched since January to 6,132, and more will be coming303 words
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357 2010-05-07 11 UMA SHANKARI - By UMA SHANKARI A FOCUS group set up to look at sustainability and identity issues for the Concept Plan 2011 recommends that Singapore aim to be “environmentally and socially sustainable”. The group, set up by the Urban Redevelopment Authority in January, announced its draft recommendations357 words
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160 2010-05-07 11 THE Building and Construction Authority yesterday announced the three winners of this year’s Design and Engineering Safety Excellence Awards. The winners 313@Somerset, 78 Shenton Way and City Square Residences were chosen from 20 entrants by a panel of industry experts. Another160 words
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Article, Illustration637 2010-05-07 11 KALPANA RASHIWALA - $405psf ppr offer is among 16 bids for plot near Kovan MRT Station By KALPANA RASHIWALA FRAGRANCE Properties has placed the highest bid of $16.25 million or about $405 per square foot of potential gross floor area at a state tender yesterdayFILE PHOTO - 637 words
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Article, Illustration1269 2010-05-07 12 EILEEN TAY - Leong Guan Food Manufacturer is confident these two factors will help it to export Singapore noodles overseas, reports EILEEN TAY EILEEN TAY PRIDING itself on high quality products and good service, Leong Guan Food Manufacturer aspires to be a leader in taking Singapore noodles overseas.1,269 words
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370 2010-05-07 12 TIMOTHY SEOW - By TIMOTHY SEOW TRADE with South-east Asia and Greater China is deemed to hold the greatest promise by local small and medium-sized businesses (SMBs). This is according to HSBC’s Trade Confidence Index released yesterday. Local SMBs also felt exchange rate370 words
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476 2010-05-07 12 LEE U-WEN - By LEE U-WEN THINK Panasonic, and images of mobile phones, digital cameras and TVs instantly come to mind. But this 55-year-old household brand is also in the business of sports an industry where it has committed millions of dollars to sponsor football476 words
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272 2010-05-07 12 GLENN CHEE - By GLENN CHEE THE Life Insurance Association Singapore (LIA) released first-quarter business results yesterday showing renewed consumer confidence in insurance as the economy recovers. The industry started 2010 on a high note, with weighted new business premiums surging 43 per cent year-on-year (y-o-y)272 words
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103 2010-05-07 12 TRANSPORT Minister Raymond Lim will cover the responsibilities of Health Minister Khaw Boon Wan for three weeks as he recovers from a heart bypass operation. The temporary arrangement was announced by the Prime Minister Office’s (PMO) yesterday after Mr Khaw underwent a successful103 words
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222 2010-05-07 12 AN increasing number of water companies are choosing Singapore for research and development, cementing the island’s position as a hub for water technology. Toray, a Japanese membrane manufacturer and one of the new founding sponsors of Singapore International Water Week (SIWW) will open222 words
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Page 11 Advertisements
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Advertisement39 2010-05-07 11 INVEST IN MARINA BAY! Buy direct from developer Last few units before price increase Exclusive 3 and 4 bedrooms Estd only 30% initial outlay this year The Future is Here for You to Grasp! Please call *****386 for details^/39 words
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Advertisement547 2010-05-07 11 I forLife Conference 2010 w V. m 9. f Date: 14 May 2010 Time: 1 pm Venue: Orchard Hotel Tickets: $12 per person For companies buying 4 tickets, get the 5th one Free! (Lunch Tea Break provided). Tickets are available at SISTIC. Call SISTIC at 6348 5555 or book through547 words
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Page 12 Advertisements
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Advertisement120 2010-05-07 12 SENTOSA COVE BUNGALOWS/ LAND FOR SALE TREASURE ISLAND ***** sq ft, Build up ***** sqft Top finishes, Private berth Very exclusive, Nice layout TOP soon! CORAL ISLAND 6500/7300 sqft Private berth vacant Only $12.5M SOUTH COVE *****/***** sqft Wide frontage, Most beautiful seaview 36m pool, Top finishes, 5 mins walk120 words
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Advertisement58 2010-05-07 12 This is the 10th of a series of features on the 15 finalists of the Emerging Enterprise 2010 Awards. Jointly presented by The Business Times and OCBC Bank, the EE 2010 recognises young SMEs with annual sales of less than $10 million. It is supported by RSM Chio Lim, Spring58 words
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Page 13 Advertisements
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Advertisement388 2010-05-07 13 U HAI LECK Since 1975... A JOURNEY OF GROWTH, A FUTURE OF PROMISE <Z. jgfe .1 ■Ill 7 L I lu» a "73 (Z i J? i isr V L m ft Jfrr. F SS£s«i> —cerS -T?7*rl "1 I. s 3 I J dfgmM ,1»Sif a*.!*"'" 0 WW igiiFR^ 3388 words
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ECONOMY WATCH
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Article, Illustration681 2010-05-07 14 Policy tool needed to manage inflows that fuel inflation, says UN agency Bloomberg [SINGAPORE] Asian nations should increasingly consider capital controls in their “policy toolkit” to manage inflows that are fuelling inflation and creating asset bubbles, a United Nations agency said yesterday. “The mainBloomberg - 681 words
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Page 14 Advertisements
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Advertisement3533 2010-05-07 14 BEATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com. KRUNG THAI BANK PUBLIC COMPANY LIMITED Head Office: 35 Sukhumvit Road, Klong Toey Nua Subdistrict, Wattana District, Bangkok 101 10 Thailand Singapore Office: 65 Chulia Street, #32-05/07 OCBC Centre, Singapore *****3 Tel: (65) 6533-6691, Fax: (65) 6533-0930 Co. Reg. No.: S94FC4735E Balance Sheets3,533 words
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INDONESIA
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379 2010-05-07 15 Decision follows sell-off of stocks, bonds and rupiah on investor fears Reuters [JAKARTA] Indonesia postponed a planned US$1.1 billion Samurai bond to the second half of 2010 as bond yields rose and the rupiah fell on investor fears over debt woes in the eurozone andReuters - 379 words
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141 2010-05-07 15 Xinhua [JAKARTA] Indonesian government needs intense assistance from the World Bank (WB) to settle the power supply scarcity problem that makes 100 million people across the country yet to get supplied by electricity, an Indonesian specialist said here on Wednesday. “The existing projects under theXinhua - 141 words
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Article, Illustration960 2010-05-07 15 Reuters Source: Reuters [JAKARTA] Indonesian opposition politicians welcomed yesterday Finance Minister Sri Mulyani Indrawati’s decision to quit, a sign the country faces a prolonged fight over reform seen as crucial to luring investment and spurring growth. While investors and reformers now face uncertainty over theReuters; Source: Reuters - 960 words
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Page 15 Advertisements
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Advertisement273 2010-05-07 15 'S AT i V &!A i <s ■tfn U&i J>V f iS m 5 foS 'L 1! r K SSsB^gJfc •i. 1 •*2 4 fcasssu sevencRESCENT an exclusive address in Katong sevencRESCENT comprises fourteen cluster bungalows nestled in the heart of a peaceful residential neighbourhood in Katong. Enjoy the space273 words
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GREATER CHINA
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Article, Illustration929 2010-05-07 16 Local authorities implement measures to crack down on property speculation to avert asset bubble PROPERTY MARKET [BEIJING] China’s home prices may slump 30 per cent as local authorities implement government measures to crack down on property speculation, according to brokerages includingBLOOMBERG - 929 words
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Article212 2010-05-07 16 Bloomberg [SINGAPORE] China’s biggest developers are borrowing record amounts in Hong Kong, taking advantage of lower interest rates to circumvent a lending crackdown at home. While banks demand at least 5.2 per cent in annual interest for three-to-five year money in China, the costBloomberg - 212 words
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Page 16 Advertisements
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Advertisement515 2010-05-07 16 ROYAL MOTHER'S DAY CELEBRATIONS AT SWISSOTELTHE STAMFORD L f T V3 i) (*K», K •■< A 5-"' Z* i swissotel THE STAMFORD W0^ r*» arts- „> WINE DINE AND HOSPITALITY 1 EQUINOX RESTAURANT SUNDAY CHAMPAGNE BRUNCH 9 MAY ADULT I 10++ 148++ CHILD $55++ With free-flow of Moet Chandon Champagne515 words
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GREATER CHINA/INDIA
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Article, Illustration520 2010-05-07 17 Consumer price inflation may average 4%, surpassing govt’s target of 3%, it says Reuters [BEIJING] China should have no difficulty achieving 9 per cent economic growth this year but needs to beware of mounting inflation, a statistics official said yesterday. Gross domestic productReuters; AFP - 520 words
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560 2010-05-07 17 Xinhua [CHICAGO] An impressive line-up of increasingly competitive Chinese biotech and pharmaceutical companies attracted a lot of attention at the 2010 BIO International Convention in Chicago. Drawing from more than 60 countries and hosting more than 1,700 exhibitors, the world’s largestXinhua - 560 words
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310 2010-05-07 17 Monetary tightening seen due to pressure on headline inflation Reuters [NEW DELHI] India’s food inflation continued to ease in April, but fuel inflation was steady at its high level, keeping up pressure on headline inflation that could prompt further monetary tightening by theReuters - 310 words
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Page 17 Advertisements
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Advertisement570 2010-05-07 17 Malaysia 8th May 2010 8.15am 6.00pm DBS Auditorium, DBS Building Tower One, 6 Shenton Way, Singapore PRESENTING MALAYSIAN LISTED COMPANIES IN jr SS EVENT HIGHLIGHTS: Welcome Address by Mr. Patrick Daniel, Editor-in-Chief, English Malay Newspapers Division of SPH and Dato'Yusli Mohamed Yusoff, CEO of Bursa Malaysia Investment Merits Presentation by570 words
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Advertisement80 2010-05-07 17 SENTOSA LANDED PROPERTIES FOR SALE SOUTH CLOVE 9000/7000sqft .Face Golf Course View. Private Lift. Top Soon! 6800/7000sqft. 5 plus study .Golf Course-View with parital seaview. 9000/7500sqft. Beauiful Seaview with bayview. Orie n Only! Land 18,500sqft. Direct Seaview. Walking distance to beach. 8000/*****sqft 6 plus 2 room. Face Waterway. Price to80 words
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WORLD
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Article, Illustration639 2010-05-07 18 AFP [ATHENS] Greek unions staged new demonstrations against draconian austerity cuts as the government raced to push the unprecedented measures through parliament a day after deadly rioting. The main unions were undeterred by the deaths of three people, reportedly including a pregnant woman, in aAFP - 639 words
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566 2010-05-07 18 Banking systems in Portugal, Ireland, Italy, Spain, Britain at risk: Moody’s AP [LISBON] The European Central Bank left its benchmark interest rate unchanged at one per cent yesterday with markets waiting to see what further an-ti-crisis steps the bank might take toAP - 566 words
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379 2010-05-07 18 Bundesbank rebuffs calls for ECB to buy govt bonds Bloomberg [FRANKFURT] Bundesbank president Axel Weber fired the first shot in a brewing debate over how far the European Central Bank should go to defend the euro. As the single currency plunged to aBloomberg - 379 words
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447 2010-05-07 18 LATEST US DATA Reuters [WASHINGTON] US productivity grew solidly in the first quarter, although not as fast as in previous periods. The Labor Department yesterday said non-farm productivity rose at a 3.6 per cent annual rate, the smallest advance in a year, after expandingReuters - 447 words
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Page 18 Advertisements
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Advertisement1728 2010-05-07 18 MATS BUY IT SELL IT FIND IT NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg LOW KENG HUAT (SINGAPORE) LIMITED (Incorporated in the Republic of Singapore) Registration No. *****0209G NOTICE OF FORTY-FIRST ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Forty-First Annual General Meeting of the Company will be held at1,728 words
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Advertisement18 2010-05-07 18 osra SENTOSA RESORT Ml ■■***** a* JERRY LUM Marketing Director, MBA, CES D HP+65 8288 0098 http://jerrylum.myweb.sg/ A18 words
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FOCUS: BURSA
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Article, Illustration1351 2010-05-07 19 Bursa highlights stock market’s strengths and govt reforms that will boost opportunities for investors LAST week, the chief executive of Bursa Malaysia, Yusli Mohamed Yusoff, shared his thoughts on the opportunities that the Malaysian capital market offers. The main point is that the market is1,351 words
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Page 19 Advertisements
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Advertisement1876 2010-05-07 19 MATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg adv IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF MELLONA SHIPPING PTE LTD (IN MEMBER'S VOLUNTARY LIQUIDATION) (Company Registration No. *****0664C) NOTICE OF MEMBER'S VOLUNTARY LIQUIDATION Notice is hereby given that at an Extraordinary General Meeting of1,876 words
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Advertisement778 2010-05-07 19 CREDITORS' NOTICE FOR THE NON-VSL CREDITORS' MEETING SUPPLEMENTS WORLD PTE LTD (In compulsory liquidation) (RC No. *****2599W) NOTICE OF COURT MEETING OF CREDITORS NOTICE IS HEREBY GIVEN that a Court meeting of the class of creditors of SUPPLEMENTS WORLD PTE LTD (In compulsory liquidation) (the "Company") comprising of all of778 words
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ASIA-PACIFIC/WORLD
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430 2010-05-07 20 S JAYASANKARAN - Award could be unveiled next week when PM Najib visits Phnom Penh By S JAYASANKARAN CIMB, Malaysia’s second largest banking group, is likely to be given a commercial banking licence in Cambodia in a development that could be announced when Prime Minister Najib430 words
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Article, Illustration632 2010-05-07 20 Reuters AP [HOUSTON] US regulators exempted BP from a detailed environmental review of the exploration project that ultimately resulted in the deadly Gulf of Mexico explosion and subsequent oil spill. The Minerals Management Service (MMS) granted BP’s project a “categorical exclusion” fromReuters; AP; REUTERS - 632 words
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Article, Illustration615 2010-05-07 20 Bloomberg [NEW YORK] Asian buyers won four of the top 10 lots on Wednesday night in New York, as Sotheby’s Impressionist and modern art tally tripled to US$195.7 million from a year ago. The evening’s highest price, US$28.6 million, was for a floralBloomberg; AFP - 615 words
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434 2010-05-07 20 LEE U-WEN - It expects sharp rise in inflation to 2.3% this year as economy recovers By LEE U-WEN [SINGAPORE] The Singapore economy is expected to expand 7 per cent this year, according to a report released by the United Nations yesterday. The “Economic and Social434 words
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Page 20 Advertisements
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Advertisement421 2010-05-07 20 A SPECIAL SERIES BROUGHT TO YOU BY SHAREINVESTOR Malaysia The Most Profitable Pipes in Asia KUANTAN in Malaysia has earned the reputation of being the pipe coating capital of the world, and the title is not an empty one: the pipe coating plant in Kuantan is believed to be the421 words
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Page 21 Advertisements
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Advertisement1607 2010-05-07 21 A SPECIAL SERIES BROUGHTTO YOU BY SHAREINVESTOR Malaysia A Powerhouse of Growth AS the outlook steadily improves for the Malaysian construction and property sector, things are also booming for the market leaders in that business. One company that has seen its order book steadily growing is Mudajaya Group Bhd, one1,607 words
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EDITORIAL & OPINION
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500 2010-05-07 22 EDITORIAL HOW quickly sentiment sours. Just weeks ago, the broad consensus of expert opinion was that the international economy was well on the road to recovery from the financial meltdown of 2008-9. In Singapore, the official growth forecast range for 2010 was hiked 2.5 points500 words
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Article, Illustration855 2010-05-07 22 WILLIAM PESEK JR - THE BOTTOM LINE WILLIAM PESEK JR William Pesek is a Bloomberg News columnist. The opinions expressed are his own IT feels a lot like 1996. It was then, a year before the region plunged into chaos, when investors were855 words
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Article, Illustration965 2010-05-07 22 ANTHONY ROWLEY - China wants to see a mechanism for channelling Asia’s savings into regional investments ANTHONY ROWLEY Tokyo Correspondent SOMETHING big is stirring on the Asian financial scene and while its final dimensions are not yet clear, the outlines could be discerned at this week’sREUTERS - 965 words
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Article, Illustration1231 2010-05-07 23 SHAHID JAVED BURKI - That’s one thing the four largest countries in South and East Asia must do to derive more mutual trade benefit By SHAHID JAVED BURKI The writer is a senior visiting fellow at the Institute of South Asian Studies. He is a former vice-president of theBLOOMBERG - 1,231 words
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Article, Illustration838 2010-05-07 23 AHMED RASHID - North Waziristan is the hub of so many terrorist groups and so much plotting that it’s having a global impact By AHMED RASHID The writer is a Pakistani journalist and most recently the author of ‘Descent Into Chaos: The US andAFP - 838 words
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AVIATION/SHIPPING
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525 2010-05-07 24 Times Square bomb suspect boarded flight even though his name was listed LAT-WP LAT-WP [WASHINGTON] The US government now requires airlines to check no-fly lists much more quickly as a way to screen out terrorism suspects, officials said on Wednesday, after the manLAT-WP - 525 words
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Article278 2010-05-07 24 SGX '000 May 6 S$ +/-Vol CH Offshore 0.66 0.01 2311 Chuan Hup Hldg 0.29 -0.01 35 Cosco Corp 1.56 -0.03 ***** CWT Ltd 0.90 -0.01 2662 Ezra Hldgs 1.99 -0.04 ***** First Ship Lea 0.51 -0.01 4843 Freight Links 0.06 unch 9098 Grand Banks unch unch 0278 words
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Article, Illustration401 2010-05-07 24 Iceland’s volcanic ash cloud drifts back into Atlantic [DUBLIN] All airports in Scotland and Ireland reopened yesterday after the latest engine-wrecking ash cloud from Iceland’s volcano drifted west back into the Atlantic. The latest threat from Iceland’s Eyjafjallajokull volcano caused two days ofAP - 401 words
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267 2010-05-07 24 Bernama [KLANG] The Malaysian Trades Union Congress (MTUC) wants the Klang Port Authority to regulate the rates of the ancillary services to prevent undercutting by port operators. Its vice-president, A Balasubramaniam, said of late there had been undercutting by operators, especially in theBernama - 267 words
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225 2010-05-07 24 Bloomberg [BEIJING] China has introduced a business tax exemption for airlines and shipping lines, helping industries affected by a trade slump during last year’s global recession. The exemption is effective from Jan 1, 2010, the Ministry of Finance said on its website in aBloomberg - 225 words
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Article2933 2010-05-07 24 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 AZ39922,933 words
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Page 24 Advertisements
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Advertisement536 2010-05-07 24 [•■ATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF 1) LABROY LIVESTOCK CARRIERS PTE LTD (Co. Registration No. *****1660K) 2) LABROY PRODUCT TANKERS PTE LTD (Co. Registration No. *****3412M) 3) PREMIER SHIPPING PTE LTD (Co. Registration No. *****3200E)536 words
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Advertisement953 2010-05-07 24 The Thai Prime Fund Limited (Company Registration No. *****3033G) (Incorporated in the Republic of Singapore) NOTICE OF ADJOURNED EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that the Extraordinary General Meeting of The Thai Prime Fund Limited (the "Company") held on 5 May 2010 at 4 Robinson Road, #05-01 Singapore *****3953 words
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Advertisement363 2010-05-07 24 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF ABLD PTE LTD (Co. Reg. No. *****7626G) (IN MEMBERS'VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of the Companies Act, Cap. 50 that the Final Meeting of Members of the363 words
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Advertisement21 2010-05-07 24 Hot IPO Attract more interest from investors. Place your IPO notice in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg.21 words
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SINGAPORE STOCKS
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Article8998 2010-05-07 25 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 5.5 3148 8Telecom 16.5cd -0.5 310 16.5 16.5 16 16.5 1.7 11 5.3 79 10 5.5 5834 A-Sonic 7 unch 908,998 words
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Article1740 2010-05-07 26 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 6.5 8 38.9 6.7 25 12 8538 t APStrategic 18.5 -2 83 19.5 18.5 18.51,740 words
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Article9507 2010-05-07 26 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund!** 1.24/ APS Alpha Fund (USD)!** 0.9/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt S'pore Pte Ltd AXA WM -Talents Fund 0.69/ Aberdeen Asset Mgt Asia Limited American Opp 0.6567/ Asian Credit Fund 1.2501/ Asian9,507 words
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Article680 2010-05-07 26 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 $mil 112 107 6389 ABF SG Bond ETF 111 +1.4 30 111 111 110 111 506.7 883 589 CIMBAsean40 100US$ US834 -26 73 840 834680 words
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Article259 2010-05-07 26 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 $mil 56 26 6000 AVJennings A44 unch 2 44 44 43.5 46 3.6 8 3.5 114.6 31 11.5 6017 Genting HK US$ US20 unch 3069259 words
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FINANCE & COMMODITIES
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365 2010-05-07 27 In local curr In S$ In US$ dy yr dy yr dy yr May 5 Index Change Change Change Change Change Change World Index Preliminary 848.8 -0.6 2.0 0.1 -1.4 -0.9 -0.6 EAFE Preliminary 775.7 -1.0 -1.2 -0.6 -7.6 -1.6 -6.8 Europe Preliminary 1084.0 -1.4365 words
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Article177 2010-05-07 27 May 6 $S Offer Bid Overnight 1/8 1/16 1-month 3/8 1/8 2-months 7/16 3/16 3-months 9/16 5/16 Overnight mode: 1/16 US$ Offer Bid 7 days 0.32 0.27 1 month 0.39 0.29 2 months 0.41 0.31 3 months 0.45 0.35 6 months 0.58 0.48 9 months 0.95 0.75 12177 words
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Article22 2010-05-07 27 May 6 S$ Bid Offer 1-month 1.3945 1.3966 2-months 1.3946 1.3967 3-months 1.3946 1.3967 6-months 1.3947 1.3968 Source: OCBC22 words
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Article133 2010-05-07 27 May 6 As at 9am May Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2490 1.2870 Can dollar 1.3410 1.3560 Euro 1.7730 1.7930 NZ dollar 1.0010 1.0230 Sterling pound 2.0870 2.1120 US dollar 1.3810 1.3960 Local dollars to 100 units of133 words
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Article27 2010-05-07 27 May 6 Open High Sett STI May 2828 SIMSCI May 336.3 337.2 335.0 Taiwan May 273.9 274.7 270.0 Source: MF Global (S) Pte. Ltd27 words
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Article130 2010-05-07 27 May 6 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Jun 10 340.0 340.0 340.0 10 Jul 10 324.0 Aug 10 307.0 Sep 10 293.0 293.0 293.0 20 Oct 10 296.0 Nov 10 295.0 60 Dec 10 295.0 Jan130 words
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Article90 2010-05-07 27 May 6 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****V 05.08.2010 0.30 0.23 0.23 1-Year BY*****W 03.05.2011 0.38 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0A 2.625 01.04.2012 104.13 104.30 104.30 5-Year N*****0N 1.375 01.10.2014 101.3890 words
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Article105 2010-05-07 27 May 5 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low May 10 968.25 977.00 983.00 967.25 Jul 10 978.00 987.00 992.75 976.00 Aug 10 975.50 984.75 989.50 973.00 Sep 10 961.50 970.00 974.00 959.25 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low May 10 38.64 38.36 38.73105 words
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Article77 2010-05-07 27 CRUDE OIL PRODUCTS May 5 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 83.38 -2.89 WTI (Near Mth) 79.67 -3.10 Dubai (1-Mth F) 84.66 -2.69 Tapis blend 90.60 -2.75 Minas 89.80 -2.60 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 84.67 -2.16 Jet Kerosene 95.40 -3.40 US$/barrel Opec Oil77 words
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2321 2010-05-07 27 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Tel Last Vol Conv Exer Disc Gear-Mths Code Company Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 4 1 15 3 4.63 48 4085 ASJ Hldgs W*****1 4 unch 200 1 4 2.00 21 2036 Advance SCT W*****9 0.5 1 87 2400 7.002,321 words
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Article466 2010-05-07 27 May 6 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.937 6.163 0.706 7.015 40.895 83.423 0.845 10.303 2.943 1.245 76.006 40.971 1.260 6.897 1.011 28.596 29.212 0.600 0.903 Canada 1.068 6.580466 words
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Article85 2010-05-07 27 May 6 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 1.***** 0.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths85 words
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Article138 2010-05-07 27 May 6 GOLD (US$/oz) May 06 May 05 Hong Kong 1176.00 1171.50 May 04 May 05 London 1171.95 1171.95 1172.85 1172.95 Source: Thomson Reuters CAST BAR May 06 (S$) Selling Buying Kilobar 56,221.01 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 126.26 52 5gm 357.38 262 10gm 638.79138 words
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Article69 2010-05-07 27 May 5 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2089.00 2130.75 3 months 2121.00 2163.00 Copper, Grade A (US$/tonne) Cash 6921.75 6989.00 3 months 6958.50 7025.00 Lead (US$/tonne) Cash 1908.00 2028.50 3 months 1940.00 2060.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.0069 words
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Article154 2010-05-07 27 May 6 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2587 1.2609 0.9027 0.9030 Canadian dollar 1.3437 1.3466 0.9637 0.9643 Euro 1.7830 1.7860 1.2787 1.2790 NZ dollar 1.0104 1.0132 0.7246 0.7256 Sterling pound 2.0963 2.1002 1.5034 1.5040154 words
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Article77 2010-05-07 27 May 5 COCOA (£/tonne) Close Prev High/Low May 10 2368 2359 2369/2349 Jul 10 2394 2387 2395/2372 Sep 10 2358 2347 2359/2332 Dec 10 2309 2297 2310/2285 COFFEE (US$/tonne) Close Pev High/Low May 10 1335 1341 1339/1330 Jul 10 1370 1378 1374/1360 Sep 10 1405 1411 1407/1395 SUGAR (US77 words
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Article66 2010-05-07 27 May 6 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position May 10 2559 2560 2561 2541 223 2039 Jun 10 2522 2536 2555 2522 976 8991 Jul 10 2527 2523 2542 2509 ***** ***** Aug 10 2528 252566 words
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Article371 2010-05-07 27 May 6 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Jun10 99.4650 0 4858 Sep10 99.3450 0 2135 Dec10 99.1500 0 635 Mar11 98.8950 0 3454 EUROYEN TIBOR FUTURES Jun10 99.6100 99.6200 99.6100 99.6200 0 5239 Sep10 99.6400 99.6400 99.6350 99.6400 0 3042 Dec10 99.6350 99.6400 99.6350371 words
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5830 2010-05-07 28 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.5,830 words
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Page 28 Advertisements
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Advertisement29 2010-05-07 28 Shipping line seeking reliable logistics partners Can "they find your set-vices here in the Shipping "TO ADVERTISE, CALI IOE WONG AT 9620 *1 327 THE BUSINESS TIMES SHIPPING TIIVIES29 words
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Page 29 Advertisements
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Advertisement28 2010-05-07 29 r FREIGHT FORWARDER urgently needed by shippers I Can they find your here in the Shipping Times? THE BUSINESS TIMES TO ADVERTISE, CALL JOE WONG AT 9620 132728 words
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executive lifestyle
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Article, Illustration1867 2010-05-07 30 CHRISTOPHER LIM - Top wine critic Robert Parker talks to CHRISTOPHER LIM about those who question his rating system and about his work ethic CHRISTOPHER LIM IN the world of wines, the name Robert Parker is king, whether you like it or not. Such is the influence of MrFILE PHOTO - 1,867 words
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CINEMA/MUSIC
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Article, Illustration596 2010-05-07 31 GEOFFREY EU - The Runaways does a good job of conveying the craziness and the constant high that comes with living on the edge, says GEOFFREY EU GEOFFREY EU YOU know you’re in for a different kind of movie when the opening shot is aBLOOMBERG - 596 words
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Article, Illustration568 2010-05-07 31 CHRISTOPHER LIM - CD REVIEW By CHRISTOPHER LIM WHEN Axl Rose released Chinese Democracy in 2008 the first Guns N’ Roses album in 15 years it was clear that a large part of it was Guns only in name. After all, Rose is the only remaining member of568 words
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Article, Illustration785 2010-05-07 31 SAMUEL WONG SHENGMIAO - 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. This is the seventh in a series of articles on Chinese orchestral music and instruments presented by785 words
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Article, Illustration711 2010-05-07 31 CHRISTOPHER LIM - By CHRISTOPHER LIM CONCERTS by world-fa-mous tenors like Andrea Bocelli usually cost a pretty penny, but the 12,000-odd fans at the Botanic Gardens tomorrow won’t be paying a single cent. This is because Malaysian company YTL Corporation is sponsoring the entire event as711 words
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SINGAPORE ARTS FESTIVAL
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Article, Illustration650 2010-05-07 32 CHEAH UI-HOON - This year’s Singapore Arts Festival wants to shift focus from forms and specific disciplines, reports CHEAH UI-HOON CHEAH UI-HOON PERHAPS one of the more obvious changes to this year’s Singapore Arts Festival the 24th edition is that you won’t find the performances separated into conventional650 words
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Article, Illustration869 2010-05-07 32 CHEAH UI-HOON - I, MALVOLIO/ I, PEASEBLOSSOM TIM CROUCH Literature will feature strongly in this year’s upcoming arts festival. Two productions will be a contemporary take on William Shakespeare’s plays while one will be a hefty but highly watchable six-hour performance based on the entire story of the book, TheMATTHEW ANDREWS - 869 words
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Article, Illustration526 2010-05-07 32 CHEAH UI-HOON - LADY MACBETH THEATRE MOOLLEE By CHEAH UI-HOON SHE incited her husband to do an evil deed, and egged him on when he was hesitant about it, then later became the first to break down under the burden of guilt of what they had done.526 words
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ARTS
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Article, Illustration685 2010-05-07 33 NATALIE KOH - Flipside returns for its seventh year next week with both free and ticketed programmes. As usual, the shows will blow your mind by presenting the unconventional. NATALIE KOH reports SINGAPORE ARTS FESTIVAL NATALIE KOH FUN, quirky and unconventional these are the words that Flipside685 words
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Article, Illustration301 2010-05-07 33 SANGEETHA MADHAVAN - By SANGEETHA MADHAVAN THE stark performance space featuring only chairs and a desk was full. Young and old theatre enthusiasts sat on folding chairs laid out in a circle for the dramatised reading based on archived recordings of Goh Lay Kuan, dance educator and wife of301 words
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Article, Illustration550 2010-05-07 33 NATALIE KOH - By NATALIE KOH THE title might have been Hindi and there was ample bhangra dancing throughout, but make no mistake Rafta! Rafta! is all Singaporean. Adapted from an award-winning play by UK-based playwright Ayub Khan-Din, HuM Theatre’s debut production showed that with just a few550 words
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Article, Illustration801 2010-05-07 33 CHEAH UI-HOON - GATZ ELEVATOR REPAIR SERVICE By CHEAH UI-HOON THERE aren’t many books that one can read on stage and expect it to work as a piece of audio, and visual, theatre. So American writer F Scott Fitzgerald’s The Great Gatsby is one rare production. “The Great801 words
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BOOKS/GAMING
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Article, Illustration987 2010-05-07 34 CHEAH UI-HOON - William Dalrymple doesn’t take the easy way when researching his books but digs deeper to find a more balanced view of history, finds CHEAH UI-HOON CHEAH UI-HOON WHEN William Dalrymple was researching his book The Last Mughal, the last thing he wanted to do was whatIMAGE COURTESY OF PENGUIN BOOKS INDIA - 987 words
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Article, Illustration548 2010-05-07 34 CHRISTOPHER LIM - By CHRISTOPHER LIM ONE doesn’t need insider information to figure out that publisher Rockstar is putting some serious marketing muscle behind ac-tion-adventure game Red Dead Redemption, which will be released on May 21. A plethora of advertisements and trailers have appeared, and there’s even548 words
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WINE
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1089 2010-05-07 35 N K YONG - Tasting of La Chapelle at World Gourmet Summit reminds N K YONG of the first bottle of La Chapelle 1961 he had found on a visit to Brussels in mid-1980s N K YONG NUMEROUS excellent wines are today produced in the Rhone Valley,1,089 words
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AROUND TOWN
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Article, Illustration166 2010-05-07 35 SUMI Jo (right) is a Grammy award-winning coloratura soprano, born in Seoul, South Korea. A talented woman known for her beauty, voice and piano skills, she gained popularity in the late 1990s, and has become one of the most famous names on the international opera circuit.166 words
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Article, Illustration187 2010-05-07 35 AS the name suggests, No Conical Hats will feature works that depict South-east Asian countries in an unconventional way. These conical hats refers to the samsui woman hats that Asians are commonly portrayed to wear in artworks. The exhibition will feature a range of contemporary©2010. JASON WEE - 187 words
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Article148 2010-05-07 35 NATALIE KOH - Compiled by NATALIE KOH STORIES of the night: a piano recital by Roger Muraro, is a one-night only performance by the internationally renowned French pianist as part of his Asian tour. He will perform pieces from the Romantic era, with the first half of the performance148 words
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Article, Illustration590 2010-05-07 35 CHRISTOPHER LIM - By CHRISTOPHER LIM IN a demonstration of the pulling power of critic Robert Parker, the first Parkerbranded public wine event in South-east Asia in more than a decade wrapped up on Monday night after a two-day tasting fair and a sold-out charity dinner. The Ultimate590 words
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FESTIVALS AROUND THE WORLD
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Article, Illustration1285 2010-05-07 36 DEBBIE YONG - St George’s Day is probably the UK’s most controversial and least celebrated national day but things are changing, says DEBBIE YONG DEBBIE YONG Debbie Yong is a former journalist now doing a Master’s degree in global media and communications at the London School ofAP; PHOTOS BY DEBBIE YONG - 1,285 words
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Page 30 Advertisements
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Advertisement36 2010-05-07 30 T20 WORLD CUP: WILL THE AUSSIES GO ALL THE WAY? BUYING LUCK? More people plan to buy gold on Akshaya Tritiya to ensure good fortune GET YOUR COPY TODAY FROM ALL 7-ELEVEN OUTLETS (WHILE STOCKS LAST)36 words
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Advertisement17 2010-05-07 30 ARTS FEST Wacky and eccentric shows for all PAGE 33 First Parker-themed wine fair succeeds, Page 3517 words
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Page 32 Advertisements
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Advertisement35 2010-05-07 32 $$2 T if «r. ileS 1 as s» u, \r t C: l r Ti Tickets available now Ip A yA Always play with care. [responsibiyi Do not bet illegally. HMJ RCB Reg No.: *****0202G35 words
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Advertisement7 2010-05-07 32 Turning non-theatrical stuff into theatre, Page 337 words
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Page 34 Advertisements
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Advertisement313 2010-05-07 34 Bnri igivhat SilkAir exte its re Ch From From, 5? <- 55r rs o you in $498 return all-inclusive return all-inclusive Hp' isVr SilkAir's Services to Bangalore, India (From 17 May 2010) Flight Day Routing MI428 Daily Singapore to Bangalore MI427 Daily Bangalore to Singapore SilkAir's Services to Chennai, India313 words
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Page 35 Advertisements
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Advertisement21 2010-05-07 35 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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Advertisement18 2010-05-07 35 -S- Lianhe Zaobao Developers offer discounts as China mulls further controls on property market i 111 BsM: atir18 words
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Page 35 Miscellaneous
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Miscellaneous285 2010-05-07 35 CRYPTIC CROSSWORD Across 1 Short-tempered agent included hot tip (6) 4 Relaxed, not on watch (3,5) 9 Discount as leaving new base rate (6) 10 Very sour dithery inspector (8) 11 Bloomer getting prize at dairy show (9) 13 One in island race, a new giant (5) 14 From Berne285 words
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Page 36 Advertisements
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Advertisement231 2010-05-07 36 ENJOY GREAT DEALS WITH OUR WORLD FAIR PROMOTION IN CHINA m r ASCOTT THE RESIDENCE SOMERSET SERVICED RESIDENCE Citadines APART'HOTEL From 1 May to 31 October 2010, receive two free entrance tickets to the 2010 World Expo when you stay two nights at any Ascott serviced residences in Shanghai. Guests231 words
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Advertisement12 2010-05-07 36 Brought to you by Ascott This series is brought to you by12 words
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