The Business Times, 8 April 2011

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Microfilm: NL31312
Total Pages: 78
1 30 The Business Times
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  • Title Section
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    23 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg Sf£l A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 138/08/2010 Friday, April 8,2011
    23 words
  • Article
    Lock icon Market casts its vote a month after Singapore
    1113 1  -  GE may not move market immediately, but one month later it may be a different story By TEH SHI NING [SINGAPORE] Singapore’s general elections over the past two decades have not been market-moving and most observers do not expect this year to
    1,113 words
  • Article
    Lock icon MARKETS DIGEST
    145 1 G ST INDEX 3,171.65 (+1.32) G ST INDEX FUTURES 3,156 (+2) G SIMSCI 376.03 (+0.58) G SIMSCI FUTURES 374.00 (+1.10) FOREX US$ S$ US$ (S$ per US$) 1.261 (US$/S$ per 1.633 2.059 EURO (US$/S$/E) 1.428 1.801 Foreign currency per US$ S$ YEN 85.30 67.60 RM 3.029 2.402 HK$
    145 words
  • Article, Illustration
    Lock icon On top of their business
    456 1  -  Singapore Business Awards honour four visionaries By NISHA RAMCHANDANI [SINGAPORE] They hail from very different industries but the four winners of this year’s 2011 Singapore Business Awards (SBA) all have something in common a drive to succeed, gumption as well as foresight qualities that have
    ARTHUR LEE  -  456 words
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      64 1 PAP CANDIDATES Ready to help shape policies PAGE 9 PROPERTY Bendemeer condo plot fetches $774 psfppr top bid PAGE 10 EXECUTIVE LIFESTYLE Anchors aweigh for showboats PAGE 43 8 '*****1 *****4 1 SS tt CV/ CI S3 GEORGE CLOONEY'S CHOICE. Ion Orchard 6509 9712 Marina Bay Sands 6225 2393 Raffles
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      21 1 PHILANTHROPISTS FORUM Tapping S’pore as Asian hub PAGE 11 Success stories of perseverance, patience and foresight in a 30-page special supplement
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  • TOP STORIES
    • Article
      Lock icon SGX makes last call after talks with FIRB
      542 2  -  As requested, SGX sends written responses on ASX bid to the panel By JAMIE LEE [SINGAPORE] The Singapore Exchange (SGX) has discussed its A$8.7 billion (S$11.5 billion) takeover bid for ASX with Australia’s foreign investment watchdog following a swift rejection by the
      542 words
    • Article
      Lock icon Junkets: CRA sets the record straight
      358 2  -  Regulator says that it is investigating illegal casino activities and takes issue with Adelson’s remarks By JAMIE LEE [SINGAPORE] The Casino Regulatory Authority (CRA) is investigating allegations about illegal activities in casinos including claims about junket operators from Las Vegas Sands Corp CEO Sheldon
      358 words
    • Article
      Lock icon THREE-MINUTE DIGEST
      551 2 Market casts its vote a month after Singapore SINGAPORE’S general elections over the past two decades have not been market-moving and most observers do not expect this year to be any different. Any volatility induced by surprise outcomes such as the opposition clinching a GRC will be fleeting
      551 words
    • Article
      Lock icon ECB raises rates but BOE on hold
      799 3  -  Market reactions to decisions minimal as euro, sterling and stocks slid slightly By NEIL BEHRMANN in London THE European Central Bank (ECB) raised its benchmark interest rate from its historic low of one per cent to 1.25 per cent as expected, but as
      799 words
    • Article, Illustration
      Lock icon Top achiever started small and made it big
      625 3  -  Businessman of the Year Chia Kim Piow’s taken Rotary places By NISHA RAMCHANDANI [SINGAPORE] Businessman of the Year Chia Kim Piow offers this piece of advice to local companies: don’t worry about starting small. “The important thing is that we grew. We
      PHOTO: ARTHUR LEE  -  625 words
    • Article, Illustration
      Lock icon Portugal to seek EU bailout as debt costs set new high
      681 4 It is aiming for a package worth as much as 75b euros: Europe officials Bloomberg [LISBON] Portugal will seek a bailout from the European Union after the nation’s political crisis pushed borrowing costs to record levels and forced it
      Bloomberg  -  681 words
    • Article
      Lock icon Mitsui buys into M’sian healthcare
      526 4  -  By in PAULINE NG in Kuala Lumpur MITSUI Co Ltd plans to acquire a 30 per cent stake in Khazanah Nasional’s Integrated Healthcare Holdings Sdn Bhd (IHHSB) for RM3.3 billion (S$1.37 billion) in the biggest foreign investment in Malaysia’s healthcare sector and the Japanese conglomerate’s
      526 words
    • Article
      Lock icon Najib promises efficient probe of suspect’s ‘suicide’
      463 4  -  Two graft officers suspended for lapse in dept procedures By in Kuala S JAYASANKARAN in Kuala Lumpur PRIME Minister Najib Razak moved yesterday to quell a growing storm by promising “a transparent and professional investigation” into Wednesday’s death of senior customs officer Ahmad
      463 words
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      39 2 SINGAPOREBUSINESSAWARDS 2011 c Congratulations to Mr Chita Kim Piow Chairman/Managing Director Rotary Engineering Limited on winning the man Of The Year Award 3t the ingaporefeusiness Awards 2011 V I Mr Goh Peng Tong Industrial Contracts Marketing (2001) Pte Ltd
      39 words
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      1318 2 NOTICES BUY IT SELL IT FIND IT Toll free: 1800-289-8822 Email: notices@sph.com.sg KINERGY LTD (the "Company") (Incorporated in the Republic of Singapore) (Company Registration No. *****0021D) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of KINERGY LTD (the "Company") will be held at 10.30
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      121 3 EVERYTHING ELSE, REVOLUTIONARY. When the Jaguar E-Type was launched 50 years ago, it was hailed as a stunning car in every aspect of design, refinement and power. Today, its legendary lineage continues with the Jaguar XK range. Constructed with an all-aluminium body for lightness, it gives excellent rigidity with remarkable
      121 words
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      31 4 SI NGAPOREBUSINESSAWA R DS 2011 Congratulations to Mr ChiaflKim Piow Chairman/Managing Director RotarylEngineering Limited on winnmgnfie (fflsinessmian OftTme Year Award at the Singapore Business Awards *****11 HSBC^ The world's local bank
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  • COMPANY NEWS
    • Article
      Lock icon Loans beat bonds as investors seek hedges
      970 5 Bond rally seen slowing amid faster inflation expectations Bloomberg [NEW YORK] High-yield investors are directing cash to leveraged loans on concern that the rally in specu-lative-grade bonds is slowing amid expectations for faster inflation. Credit Suisse Group AG, Switzerland’s second-lar-gest bank, is transforming
      Bloomberg  -  970 words
    • Article, Illustration
      Lock icon Singamas sells 1.38b yuan bonds
      563 5  -  RMB offer saw overwhelming interest, with local investors buying almost half the issue By SIOW LI SEN SINGAMAS Container Holdings yesterday sold 1.38 billion yuan (S$265.8 million) of bonds, becoming the first Singapore company to tap the hot Chinese renminbi (RMB) for its funding needs.
      AFP  -  563 words
    • Article
      Lock icon MapletreeCom rated Baa2 by Moody’s
      324 6  -  Provisional rating comes with ‘stable’ outlook; trust’s key asset is VivoCity By UMA SHANKARI MOODY’S Investors Service has assigned a provisional Baa2 rating to Mapletree Commercial Trust (MCT). The outlook for the rating is stable, the agency said. The rating is based on MCT’s stable
      324 words
    • Article, Illustration
      Lock icon A DBS mortgage with an advantage
      491 6  -  Property loans with link to multiple currency deposits By SIOW LI SEN FOREIGN currency punters who are also keen on property may now be able to have their cake and eat it too. DBS Bank is offering a mortgage linked to multiple currency deposits
      Source: DBS; BLOOMBERG FILE PHOTO  -  491 words
    • Article
      Lock icon Osaka bourse opens S’pore office for derivatives clients
      176 6 Bloomberg [TOKYO] Osaka Securities Exchange Co has opened an office in Singapore as it seeks to build its derivatives business, a spokesman for the bourse confirmed yesterday. “We opened the office in Singapore because many clients who trade derivatives live there,” Fumihiro
      Bloomberg  -  176 words
    • Article
      Lock icon Dyna-Mac Q3 earnings up 11%
      394 7  -  Profit rises depite revenue fall thanks to variation orders By TAN SHIHAO SEAN RECENTLY LISTED DynaMac Holdings has posted a net profit of $7.2 million for its third quarter ended Feb 28, up 11 per cent from the corresponding pe- riod last year. This was
      394 words
    • Article
      Lock icon Yongnam bags $19m NUH centre contract
      268 7  -  By MINDY TAN YONGNAM Holdings has been awarded a $19 million contract to provide structural steelwork for the new National University Hospital Medical Centre. The group will be supporting the main contractor, Penta-Ocean Construction, in the supply, fabrication, surface treatment, delivery and erection of
      268 words
    • Article
      Lock icon Mizuho shuts S’pore prime broking unit
      511 7 Reuters [TOKYO] Mizuho Securities shut down its money-losing prime brokerage business in Singapore due to worries that the latter would keep eroding its capital, putting it at risk of losing its operating licence, documents obtained by Reuters showed. The Tokyo-based brokerage, a unit of
      Reuters  -  511 words
    • Article, Illustration
      Lock icon Boustead wins $25m of O&G contracts
      310 7  -  The company’s order book backlog is now over $290m By REBECCA LIU BOUSTEAD Singapore has secured about $25 million in contracts from the oil and gas (O&G) industries. This brings the total value of contracts secured by the group so far this year to
      FILE PHOTO  -  310 words
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      49 5 o <U 0 1 U u =3 J=! CJ NORTHAMPTON, ENGLAND Churchfe Engfok shoes SSSS 4Y WxfE-^i SAHARA M Unlined, Natural Welt, Micro Sole Singapore Shop 2-8, Level 2, Ion Orchard Hong Kong Shop G33, Ground Floor, Prince's Building Shop 361, Level 3, Pacific Place Shop 2088A, 2/F, Elements
      49 words
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      2516 6 MATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg Kingsmen KINGSMEN CREATIVES LTD. (Incorporated in the Republic of Singapore on 16 December 2002) (Company Registration No. *****0790Z) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of KINGSMEN CREATIVES LTD. (the "Company") will be held at 3
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      47 6 ITerracejpactory ,m lilPrime DistrictBIROr Salei i J ft I ncr e d i bte" V a I u effito n I y*S 5 9 5 psf f-? ITJERRY LUM Snr Marketing Director, MBA, CES HP: 8288 0098 View: jerrylum.myweb.sg ERAl When You Buy, Sell, or Rent I
      47 words
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      32 6 SINGAPORE ISLAND WIDE DEBT RECOVERY We are specialised legalised in collecting debts on behalf of company and personal debts. Our proven track record It 98% k Debt Collection (Mr l L)9834 4212
      32 words
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      154 7 www.vw.com.sg Now you have an excuse to caress your Scirocco. Exa New keyless system, unlocks with the lightest touch. Introducing the Keyless Entry and Start-Stop System, or KESSY. Now you can unlock the car with just the lightest touch of the door handle. All you need to be carrying is
      154 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Flat day spent tracking HK, Europe
      593 8  -  Turnover low at $1.77 billion as house traders gun for penny stocks and China speculatives STOCKS R SIVANITHY Senior Correspondent AS IS the case in most days, Hong Kong’s Hang Seng Index set the direction for the Straits Times Index (STI) yesterday and with
      Source: Bloomberg  -  593 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 9 3 3 0 0 0 9 3 3 Manufacturing 59 39 79 5 2 16 64 41 95 Commerce 17 21 26 3 1 4 20 22 30 Tpt/Stor/Comms 16 13 13
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      121 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 129,639 129,639 138,863 138,863 Manufacturing 297,091 31,258 328,349 234,082 1,888 235,969 Commerce 77,652 11,496 89,148 150,080 1,760 151,840 Tpt/Stor/Comms 210,711 7,119 217,830 311,621 1,099 312,720 Finance 33,338 33,338 350,749 350,749 Construction 162,619 2,122 164,741 36,217
      121 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      109 8 Stock name Close Change CapMallsAsia 1.860 +0.040 CapitaLand 3.410 -0.030 CapitaMall 1.860 -0.010 CityDev 11.640 -0.100 ComfortDelGro 1.570 DBS Grp 14.720 F&N 6.190 -0.030 GLP 2.010 +0.010 Genting SP 2.120 Golden Agri 0.715 HK Land 6.930 -0.120 JMH 46.280 -0.020 JSH 27.900 +0.300 Jardine C&C 37.620
      109 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 8 DAILY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      66 8 Apr 7 VALUE CLOSE BT OB/OS 731.00 -90.00 BT CADI -*****.00 +44.00 BT 10-day MA -*****.00 +73.00 FTSE ST Mid Cap 777.45 -0.50 FTSE ST Small Cap 567.90 +2.02 FTSE ST All Share 781.78 +0.36 FTSE ST China Top 282.28 -0.38 FTSE ST China 309.21 -1.41 FTSE
      66 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      58 8 VOLUME HPH Trust US$ 108,520,000 Gallant 87,947,000 Genting SP 85,551,000 UniFiber 79,857,000 *Genting HK US$ 68,178,000 Golden Agri 52,086,000 Dyna-Mac 50,939,000 EzionHldg 41,629,000 Midas 33,413,000 Sapphire 28,509,000 VALUE($) Genting SP 182,408,260 UOB 170,785,110 HPH Trust US$ 135,113,970 SingTel 73,454,460 SGX 67,493,870 CapitaLand 66,938,650 DBS Grp 56,470,141 OCBC
      58 words
    • BROKERS’ TAKE
      • Article, Illustration
        Lock icon China Fishery Group
        319 8 April 7 close: $1.85 DMG PARTNERS SECURITIES, April 7 FALL in share price due to radioactive fish? China Fishery Group’s (CFG) share price fell to a low of $1.40 (-30 per cent) during April 7, 2011’s morning trading session. SGX has also issued a query to China
        Source: Bloomberg  -  319 words
      • Article, Illustration
        Lock icon Sembcorp Marine
        388 8  -  Compiled by JAMIE LEE April 7 close: $5.93 PHILLIP SECURITIES RESEARCH, April 5 SEMBCORP Marine (SMM) recently announced that Sembawang Shipyard has signed a long-term alliance contract with Teekay Marine Services, Canada, to provide shiprepair, refurbishment, upgrading, and related marine services for its fleet of 137 ships. Sembawang
        Source: Bloomberg  -  388 words
      • Article
        Lock icon Glossary:
        137 8 Disclaimer: All analyses, recommendations and other information herein are published for general information. Readers should not rely solely on the information published and should seek independent financial advice prior to making any investment decision. The publisher accepts no liability for any loss whatsoever arising from any use of the
        137 words
    • Article, Illustration
      Lock icon Euro falls after ECB chief Trichet disappoints
      565 8 CURRENCIES Reuters [NEW YORK] The euro fell against the dollar yesterday after European Central Bank President Jean-Claude Trichet said the central bank did not decide if the interest rate hike earlier in the day was the first in a series. Though he later
      Reuters; REUTERS  -  565 words
    • Article
      Lock icon RISES
      115 8 BY CENTS CLOSE UP DBXT SPASX200 10US$ 3738 79.5 1.7 DBXT Nifty 10US$ ***** 78.2 0.5 GLD 10US$ ***** 78.2 0.4 Lyxor US DJIA 10 US$ 1253 66.8 4.4 OCBC Bk 4.5%NCPS 100 ***** 60.0 0.6 DBXT MSMSIA 10US$ 1324 59.3 3.7 UOB 1962 52.0 2.7 JSH 2790 37.8
      115 words
    • Article
      Lock icon FALLS
      122 8 BY CENTS CLOSE DOWN Daiwa FT Shariah Jap 800 -50.5 -4.8 SGX.ES.1104 816 -23.0 -2.7 DBXT CSI300 10US$ 1124 -20.2 -1.4 SGX 815 -17.0 -2.0 HK Land 693 -15.1 -1.7 ChinaFish 185 -15.0 -7.5 DBXT MSINDO 10us$ 1455 -10.1 -0.5 CityDev 1164 -10.0 -0.9 Keppel Corp 1268 -10.0 -0.8
      122 words
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      Lock icon FTSE ST CATALIST INDEX
      5 8 DAILY
      5 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Bigger things in store for efficient technocrat
      847 9  -  PAP presents ex-EMA chief; plus an educationist and a businessman Reports by CHUANG PECK MING FORMER Energy Market Authority (EMA) chief Lawrence Wong, tipped for bigger things if elected in the coming general elections, revealed his human side yesterday. Behind that image of
      847 words
    • Article
      Lock icon Buy the ‘real, PAP insurance policy’: DPM
      357 9 OF late, the Workers’ Party (WP) has been acting like an insurance salesman, telling voters to vote for the opposition to cover themselves in the event that the ruling People’s Action Party (PAP) falters. Deputy Prime Minister Teo Chee Hean yesterday said the
      357 words
    • Article
      Lock icon Barclays Capital offers retail investors yuan bond fund
      401 9  -  By LYNETTE KHOO BARCLAYS Capital is the latest bank to hop onto the bandwagon of yuan product offerings, with the launch of its new yuan bond fund in Singapore for retail investors. This fund offers daily liquidity and access to primary debt
      401 words
    • Article
      Lock icon Teeing off for a worthy cause
      152 9 FIFTY flights of golfers teed off at Orchid Country Club yesterday to help raise close to $6.9 million for the labour movement’s lowerincome members. The 27-hole game held in conjunction with the 50th anniversary of the National Trades Union Congress (NTUC) helped the U
      152 words
    • Article
      Lock icon Local investor bets US$2.5m on camellias
      298 9  -  By LINETTE LIM SINGAPOREAN investor Tan Kah Ho will be acquiring a 2 per cent stake in Chi-na-based company Green Matters for about US$2.5 million. The signing ceremony which took place in Beijing on Wednesday was attended by Singapore ambassador Chin Siat Yoon and
      298 words
    • Article
      Lock icon Bendemeer plot draws $774 psf ppr bid
      782 10  -  UE bids $543m for large 99-year parcel, breakeven seen at $1,200 psf By KALPANA RASHIWALA FOR the third time in as many months, a 99-year leasehold condo plot offered at a state tender has fetched an aggressive top bid. A city-fringe condo site
      782 words
    • Article
      Lock icon Wind turbine manufacturer opens new facility here
      397 10  -  By LYNN KAN LEADING wind turbine manufacturer, Spain’s Gamesa, launched its new R&D centre and commercialisation office here yesterday despite Singapore’s lack of a wind energy market. Rather, Gamesa chairman Jorge Calvet chose Singapore to tap on its “intellectual and engineering capabilities” in
      397 words
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      366 9 LOOKING FOR SERIOUS INVESTORS A trading company is looking for serious investors to invest in our current project. We provide High return (ROI) on the Capital Guarantee investment amount Low Tenure For private and confidential discussion, kindly contact 8195 5972 Alliance Ashpact Pte Ltd Midsummer Common Computer generated image of
      366 words
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      3184 10 MATS BUY IT-SELL IT-FIND IT NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg NOTICE OF ANNUAL GENERAL MEETING PSC CORPORATION LTD (INCORPORATED IN THE REPUBLIC OF SINGAPORE) (COMPANY REGISTRATION NO. *****0888M) NOTICE IS HEREBY GIVEN that the Thirty-Seventh Annual General Meeting of PSC Corporation Ltd (the “Company”) will be held at 348
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      36 10 SHOULD SACHIN STAY? Or should he retire on the World Cup high? We ask cricket fans in Singapore... Singapore PR’s Guinness World Record bid GET YOUR COPY TODAY FROM ALL 7-ELEVEN OUTLETS (WHILE STOCKS LAST) www.omy.sg
      36 words
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  • PHILANTHROPISTS FORUM 2011
    • Article, Illustration
      Lock icon Tapping S’pore as Asian hub for philanthropy
      496 11  -  SM Goh suggests leveraging on the Republic’s financial centre status By CONRAD TAN SINGAPORE’S position as a leading international financial centre can provide crucial support to encourage more philanthropic activity in Asia, Senior Minister Goh Chok Tong said yesterday. While there is growing
      496 words
    • Article, Illustration
      Lock icon Charity should focus on outcomes, not output
      389 11  -  By TEH SHI NING PHILANTHROPY must move from focusing on output how much is given and how many received, to outcomes the actual social change that results from that giving, speakers at a roundtable on strategic grant-making said yesterday. Describing the Tan Chin
      389 words
    • Article
      Lock icon Credit Suisse makes it easier to give to charity
      519 11  -  Umbrella foundation set up to encourage rich Asians to donate By CONRAD TAN CREDIT Suisse has launched an umbrella charitable foundation aimed at encouraging Asia’s wealthy to give to worthy causes without the hassle of setting up their own charity vehicles.
      519 words
    • Article, Illustration
      Lock icon The art of winning over the philanthropists
      396 11  -  By TEH SHI NING REJECTED hundreds of times over while seeking capital for Carbon Conservation, Dorjee Sun knows well the difficulty of convincing investors of the potential of ideas in his case, ones to protect global rainforests and biodiversity. He has since learnt
      396 words
  • Page 11 Advertisements
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      106 11 CREDIT SUISSE Credit Suisse. Winner of Euromoney's 2011 Survey: "Best Private Bank Globally" for 2 consecutive years in 2010, 2011 "Best Private Bank in Australia" "Best Private Bank in Singapore" for 3 consecutive years in 2009, 2010, 2011 "Best Private Bank in Switzerland" for 3 consecutive years in 2009, 2010,
      106 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon Aussie job rate surprises with strong jump
      568 12 Gains are led by the building, health, education, and professional sectors Reuters [SYDNEY] Australian employment jumped by a surprisingly strong 37,800 in March while the jobless rate dropped to lows that have stoked inflation in the past, adding to the risk of more
      Reuters; REUTERS  -  568 words
    • Article
      Lock icon Spain insists it’s not at risk of bailout
      411 12 Govt stresses economy is distinct from Portugal, which has sought EU aid [MADRID] Spain sought to distance itself from Portugal’s request for financial assistance from the European Union, insisting it was not at risk of seeking a similar bailout of its battered
      411 words
    • Article
      Lock icon Brazil extends tax on foreign-based loans
      390 12 Move is latest bid to stem gains in its currency Bloomberg [BRASILIA] Brazil extended a tax on foreign-based loans to stem gains in the real after the currency reached a two-and-a-half-year high this week, making the nation’s exports less competitive and imports cheaper. Starting
      Bloomberg  -  390 words
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      1256 12 MATS NOTICES BUY IT-SELL IT- FIND IT Toll free: 1800-289-8822 Email: notices@sph.com. SUPER GROUP LTD. (formerly known as Super Coffeemix Manufacturing Ltd) (Incorporated in Singapore on 13 April 1991) (Company Registration Number *****1696K) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting (the "EGM") of
      1,256 words
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      59 12 SINGAPORE'S PREMIER HOME-GROWN CAR MAGAZINE m m m A I A PEUGEOT 306 NISSAN MARCH ■TMECANECC CHEVROLET SPARK RANGE ROVER VOGUE TORO MONDEO CC0D005T MERC C350 CDI AUDI TT UPDATE TfcCHART 911 TURBO ehuhi VWTOUAREG LEXUS RX350 MERCEDES-BENZ ML350 FAST GOLF GAME FF AGAINST C WWW.TORQUE.COM.SG sPHmagazmes Call 1800 289
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      2480 13 TTTTfi YEO HIAP SENG LIMITED (Registration No.: *****0138Z) (Incorporated in Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Fifty-fifth Annual General Meeting of the Company will be held in The Auditorium, Yeo Hiap Seng Limited, 3 Senoko Way, Singapore *****7 on Wednesday, 27 April 2011, at
      2,480 words
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      3077 13 HOE LEONG CORPORATION LTD. (Company Registration No.: *****8433W) (Incorporated in the Republic of Singapore on 18 November 1994) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that an Annual General Meeting of the Shareholders of Hoe Leong Corporation Ltd. (the "Company") will be held at Jurong Country Club, 9
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      5716 14 MATS BUY IT• SELL IT• FIND IT NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg VIBROPOWER CORPORATION LIMITED (Company Registration Number: *****4436E) (Incorporated in the Republic of Singapore on 23 May 2000) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 2011 Annual General Meeting of the members of the
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      6411 15 MATS BUY IT• SELL IT• FIND IT NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg (iiitraco) INTRACO Limited (Registration No. *****0526Z) (Incorporated in Singapore with limited liability) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Forty-Second Annual General Meeting of INTRACO Limited will be held at The Function Room,
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      2341 16 A SERIAL SYSTEM LTD Company Registration No. *****207ID (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Serial System Ltd (the "Company") will be held at 8 Ubi View #05-01 Serial System Building Singapore *****4, on Saturday, 23
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      3286 16 MATS "VTTfT Toll free: 1800-289-8822 Email: notices@sph.com. NOTICES IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 STOCKS PTE. LTD. (Company Registration No. *****5453G) MEMBERS' VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the Company which was deemed to have been held on 31 March 2011, the following resolutions were
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      829 16 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 BULFORD DOLPHIN PTE. LTD. (Company Registration No. *****3025R) MEMBERS' VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the Company which was deemed to have been held on 31 March 2011, the following resolutions were passed pursuant to Section 179(6) of the
      829 words
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon Malaysia’s IOI censured by green grouping
      410 17 Its applications to certify plantations are eco-friendly now suspended Reuters [KUALA LUMPUR] An industry body for eco-friendly palm oil has censured Malaysia’s No 2 planter IOI Corp for green violations but consumer giant Unilever, one of the firm’s biggest buyers, affirmed their supply ties.
      Reuters; BLOOMBERG FILE PHOTO  -  410 words
    • Article
      Lock icon Gulf lenders aim to buy Indonesian Islamic banks
      455 17 Assets in the sector set to grow 55% this year: Bank Indonesia Bloomberg [JAKARTA] Al Baraka Banking Group and Qatar Islamic Bank aim to acquire Syari-ah-compliant lenders in Indonesia as the central bank estimates that the nation’s Islamic assets will increase by
      Bloomberg  -  455 words
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      3987 17 MATS 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 BETA DRILLING PTE. LTD. (PROVISIONAL LIQUIDATOR APPOINTED) Company Registration No. *****1674N NOTICE OF APPOINTMENT OF PROVISIONAL LIQUIDATOR PURSUANT TO SECTION 291 (4) OF THE COMPANIES ACT, CAP. 50 Notice
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      4452 18 MATS BUY IT• SELL IT• FIND IT NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg Q M DENTAL GROUP (SINGAPORE) LIMITED (Company Registration No. *****0507R) (Incorporated in Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the members of the Company will be held on
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      2290 19 MATS BUY IT• SELL IT• FIND IT NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg FULL APEX (HOLDINGS) LIMITED FULL APEX (HOLDINGS) LIMITED (Incorporated in Bermuda on 5 April 2002) Registration No: ***** NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of FULL APEX (HOLDINGS) LIMITED
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      2718 19 HWA HONG CORPORATION LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****0130C) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Fifty-Eighth Annual General Meeting of Hwa Hong Corporation Limited (the "Company") will be held at Swissotel Merchant Court, Merchant Court Ballroom, Section A, 20 Merchant
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  • GREATER CHINA
    • Article
      Lock icon China raises retail fuel prices by 5-5.5%
      518 20 Hike aims to help state refiners produce more, meet seasonal demand Reuters [BEIJING] China will increase retail petrol and diesel prices by 5-5.5 per cent to new record highs from yesterday, the government said, easing the burden of state refiners who face international
      Reuters  -  518 words
    • Article
      Lock icon Taiwan may move petrochem complex abroad
      267 20 AP [TAIPEI] Taiwan may scrap a contentious US$20 billion plan to build a major petrochemical complex on reclaimed land on its western coast amid claims that it could cause the extinction of an endangered species of dolphin, officials said. Speaking on Wednesday, Economics Minister
      AP  -  267 words
    • Article
      Lock icon Germany exports more to China than US now
      515 20 Bloomberg [FRANKFURT] Germany is beating its European rivals in the race to harness Chinese growth as exports to the Asian nation begin to outstrip those to the US. With its consumers and companies sating their appetite for power turbines, cars and electronics,
      Bloomberg  -  515 words
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      3449 20 '},*{]-\%*?:|:>/=%|{+&}<,@>~@;. SAMUDERA SHIPPING LINE LTD (Company Registration No. *****8462C) (Incorporated in Singapore with limited liability) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Samudera Shipping Line Ltd (“the Company”) will be held at Amara Singapore, 165 Tanjong Pagar Road, Singapore *****9, Function room
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  • GREATER CHINA/INDIA
    • Article
      Lock icon Dim Sum bond yields set to fall further
      398 21 Yuan sitting in bank deposits seen getting switched into stocks, bonds Reuters [BEIJING] Foreign investors hunting for higher yields in the offshore yuan bond market have their work cut out for them. Barely three days after the People’s Bank of China reduced
      Reuters  -  398 words
    • Article
      Lock icon India’s tap water is superbugged
      574 21 Bloomberg [SINGAPORE] Drinking India’s tap water can yield more than a bad case of Delhi belly. Scientists testing water samples from New Delhi found more than a dozen species of bacteria, ranging from strains that cause pneumonia to cholera. The bugs had genes that enable
      Bloomberg  -  574 words
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      3428 21 MATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com. KINERGY LTD (Incorporated in the Republic of Singapore) (Company Registration No.: *****0021D) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Kinergy Ltd (the "Company") will be held at 30 Stevens Road, the Pines Club, Singapore *****0
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      4173 22 MATS BUY IT• SELL IT• FIND IT NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg SUPER GROUP LTD. (Company Registration No. *****1696K) (Incorporated in Singapore with limited liability) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Super Group Ltd. ("the Company") will be held at
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      2138 23 HOSENGROUP LTD (Company Registration No.: *****3029E) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of HOSEN GROUP LTD. (the "Company") will be held at 267 Pandan Loop Singapore *****9 on Tuesday, 26 April 2011 at 11.30 am for
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      2076 23 ASPIAL CORPORATION LIMITED (Company Registration No: *****1030G) (Incorporated in Singapore with limited liability) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Aspial Corporation Limited ("the Company") will be held at 55 Ubi Avenue I, #07-1 I, Ubi 55 Building, Singapore *****5 on Monday,
      2,076 words
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      4362 24 MATS BUY IT• SELL IT• FIND IT NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg MEWAH INTERNATIONAL INC. (Company No. CR-*****5) (Cayman Islands Company) (the “Company”) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of MEWAH INTERNATIONAL INC. (“Company”) will be held at Jurong Country Club,
      4,362 words
  • WORLD
    • Article
      Lock icon Cyber attack exposes weak link in online security
      777 24 Encryption system may be flawed as it allows unknown parties to issue certificates NYT [NEW YORK] The encryption used by many websites to prevent eavesdropping on their interaction with visitors has been compromised with many private “certificate authorities” allowing resellers and other
      NYT  -  777 words
    • Article, Illustration
      Lock icon Samsung posts 2nd straight drop in profit
      818 25 Many worried that rising competition in tablets, phones may dent earnings in ‘11 Bloomberg [SEOUL] Samsung Electronics Co, the world’s largest maker of TVs and flat screen monitors, posted its second straight drop in operating profit, stoking concerns that rising competition in tablets
      Bloomberg; AP  -  818 words
    • Article
      Lock icon Office vacancy rates up in Tokyo, Osaka after quake
      554 25 But rates in Osaka may rise as companies move west from the capital Bloomberg [TOKYO] Office vacancy rates rose to record high in both Tokyo and Osaka last month after Japan’s strongest earthquake, according to Miki Shoji Co. The measure of
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    • Article
      Lock icon M&As notch best quarter since financial crisis
      721 26 Dollar volume of deals struck in Q1 jumps 54.7% from the same time a year ago NYT [NEW YORK] Despite a series of shocks to the global economy, dealmakers just completed their strongest quarter since before the financial crisis. And with that robust
      NYT  -  721 words
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      Lock icon Silicon Valley’s star returns to the top
      876 27 Frank Quattrone is back making major deals after a 4-year break from his career NYT [NEW YORK] Frank Quattrone never shied away from the spotlight a decade ago. Now, Silicon Valley’s star banker tries to stay behind the deal-making scenes. “I’d really prefer
      NYT; BLOOMBERG  -  876 words
    • Article, Illustration
      Lock icon Another 7.5 quake jolts Japan
      694 29  -  Risk of explosion at N-plant contained but US experts warn of more threats By ANTHONY ROWLEY in Tokyo ANOTHER strong earthquake struck off Japan’s north-east coast late last night causing fresh tsunami warnings to be issued, including in the area of the Fukushima nuclear power
      AP  -  694 words
    • Article
      Lock icon BOJ sets loan scheme for quake-hit banks
      371 29 Reuters [TOKYO] The Bank of Japan (BOJ) kept monetary policy steady yesterday and launched a new loan scheme for banks in the northeast region hit hardest by last month’s devastating earthquake and tsunami. The central bank also cut its economic assessment and warned
      Reuters  -  371 words
    • Article
      Lock icon Emerging markets face headwinds
      434 29  -  Spotlight on them again as inflation soars, growth slows By MICHELLE TAN THE role of emerging markets in sustaining world economic growth was brought into sharp focus in the last global recession and is now once again coming into the limelight in a global environment plagued
      434 words
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      Lock icon US shutdown looms as budget talks stall
      610 30 Republicans’ plan to vote on short-term measure rejected by President Obama AP [WASHINGTON] Republicans in the House of Representatives planned to vote later yesterday on a one-week measure to fund federal agencies, gambling that President Barack Obama and Senate Democrats who have rejected
      AP; AFP  -  610 words
    • Article
      Lock icon Retailers report strong sales in March
      481 30 Shoppers upbeat about jobs, ignore high gas prices LATEST US DATA AP [NEW YORK] US shoppers shrugged off higher gas prices and cool temperatures to give retailers a surprisingly strong March. The retail revenue figures released yesterday extend the streak of solid spending from
      AP  -  481 words
    • Article
      Lock icon Tougher stress tests in store for EU banks: regulator
      424 30 Reuters [VIENNA] European bank stress tests combine “very conservative” definitions of what counts as capital and “maximum disclosure” to let investors get a clear view of lenders’ health, the EU’s top bank supervisor said. Andrea Enria, chairman of the European Banking
      Reuters  -  424 words
    • Article
      Lock icon Global trade growth to slow in 2011: WTO
      470 30 AFP [GENEVA] Growth in global trade is expected to slow to 6.5 per cent this year after a record-breaking expansion of 14.5 per cent in 2010, the World Trade Organization (WTO) said yesterday. Last year’s gain came in a recovery from a
      AFP  -  470 words
    • Article, Illustration
      Lock icon Australia set to stick plain packaging on cigarettes
      548 31 Draft law to go before Parliament despite industry’s threat of lawsuit Reuters [CANBERRA] Australia’s government has unveiled plans for some of the world’s toughest anti-smo-king laws, saying that it would force big tobacco companies to use plain green packaging for cigarettes despite
      Reuters; BLOOMBERG  -  548 words
    • Article
      Lock icon US housing system a bad model: IMF
      513 31 Washington needs to overhaul its key aspects, Fund says AFP [WASHINGTON] The International Monetary Fund (IMF) on Wednesday singled out the United States as a poster child for bad housing policies, calling on Washington to reform for the sake of global financial stability.
      AFP  -  513 words
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      153 25 WINE DINE AND HOSPITALITY e£. A y A :v W r w J SAVOUR THE BEST OF KOREA v _-N three SEOULY FOR YOU From 9 to 1 7 April, join us for a Korean fiesta as the head chefs of renowned Lotte Hotel Seoul whip up a gastronomic storm
      153 words
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      3861 26 BEATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com. CWT LIMITED (Company Registration No.: *****0498M (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 41thAnnual General Meeting of the Shareholders of CWT Limited (the “Company”) will be held at 38 Tanjong Penjuru, CWT Logistics
      3,861 words
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      3407 27 BEATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com. CITYNEON HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Registration No. *****3628E) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Cityneon Holdings Limited (the “Company”) will be held at 84 Genting Lane, Cityneon Design Centre, Singapore
      3,407 words
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      110 28 www.citicbankintl.com APRIL ascendas Q NEWTOWN CH NANEW TOWN DEVELOPMENT CO. LTD. I §r 1 I I PS s| CP1 GP Batteries International Limited WTA Member ZiukI Gold Peak Group ING QEt> UPPO GROUP MANXfi MANTA EQUIPMENT (S) PTE LTD MI Energy Corporation a value added oil gas partner PACIFIC ANDES
      110 words
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      250 29 As the official car of the Singapore Yacht Show 2011, BMW is proud to partner leaders as they chart their course on the open road and sapphire seas. It is our pleasure to introduce you to the BMW 7 Series Privileges Programme Plus (7P+), a world of bespoke lifestyle pleasures
      250 words
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      1344 30 CHINA FASHION HOLDINGS LIMITED (Incorporated in Republic of Singapore) (Registration No: *****1696K) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Seventh Annual General Meeting (“AGM”) of China Fashion Holdings Limited (the “Company”) will be held at Marketing Institute of Singapore, 51 Anson Road, #03-53 Anson Centre, Singapore
      1,344 words
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      1252 31 L BEATS NOTICES IT jfe SING HOLDINGS LIMITED Co. Reg. No. *****0165G Notice of Annual General Meeting TO ALL SHAREHOLDERS NOTICE IS HEREBY GIVEN THAT the Annual General Meeting of Sing Holdings Limited will be held at The Executive Club, 65 Chulia Street #33-01 OCBC Centre Singapore *****3 on Monday,
      1,252 words
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      1709 31 JLJ HOLDINGS LIMITED (Company Registration No. *****4797H) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting (“AGM”) of JLJ HOLDINGS LIMITED (“the Company”) will be held at No. 2 Woodlands Sector 1 #01-35 Woodlands Spectrum 1 Singapore *****8 on
      1,709 words
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  • AVIATION/SHIPPING
    • Article
      Lock icon Ince & Co in alliance with local law firm
      478 32  - Ince Co in alliance with local law firm The new alliance will be able to address issues that fall under S’pore, English law By JOYCE HOOI [SINGAPORE] The burgeoning maritime sector here has pushed maritime law firm Ince Co Singapore to blur the line between local and foreign law firms.
      478 words
    • Article
      Lock icon US Airways CEO ready for a merger
      317 32 Bloomberg [TEMPE] US Airways Group Inc chief executive officer Doug Parker said he sees “one big deal left” in the US airline industry, with the carrier possibly tying up with its three largest competitors. “That deal could happen one day, or it might
      Bloomberg  -  317 words
    • Article, Illustration
      Lock icon Hard times for maritime sector
      667 32 Freight rates at low with oversupply while fuel prices rise Reuters Bloomberg [SINGAPORE] Rising fuel prices, tumbling freight rates, piracy and now radiation fears will make this year one of the most difficult in decades for the maritime industry, forcing some shippers out of business.
      Reuters; Bloomberg; BLOOMBERG  -  667 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      3325 32 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi SQ457 1300 SQ456 1245 EY470 2220 NH6370 2220 VA7470 2220 Adelaide LH9771 1745 9W4082 2225 SQ278 1745 AF8088 2225 VS7278 1745 AY5011 2225 BA7382 2225 JL7893 2225 MU8439 2225 QF82 2225 LH9770 2350 SQ279 2350 VS7279 2350 Amsterdam LO4031
      3,325 words
    • Article
      Lock icon TRANSPORT ST0CKS
      278 32 SGX '000 Apr 7 S$ +/-Vol CH Offshore 0.45 -0.01 209 Chuan Hup Hldg 0.23 -0.02 10 Cosco Corp 2.17 unch 7044 CWT Ltd 1.33 -0.02 948 Ezra Hldgs 1.82 unch 1571 First Ship Lea 0.41 unch 1855 Freight Links 0.07 unch 899 Grand Banks unch unch 0
      278 words
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      1021 32 DEBAO PROPERTY DEVELOPMENT LTD. (Incorporated in Singapore on 16 August 2007) (Company Registration Number: *****5053Z) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Annual General Meeting of Debao Property Development Ltd. (the “Company”) will be held at Suntec City, 1 Raffles Boulevard, Meeting Room 206, Level 2,
      1,021 words
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      3683 33 MATS BUY IT• SELL IT• FIND IT NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg ASIAMEDIC LIMITED ASIAMEDIC LIMITED (Company Registration No: *****1556E) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting ("AGM") of AsiaMedic Limited (the "Company") will be held
      3,683 words
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      5446 34 MATS BUY IT• SELL IT• FIND IT NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg 8TELECOM INTERNATIONAL HOLDINGS CO. LTD. (Incorporated in Bermuda on 5 January 2004 with limited liability) (Company Registration No. *****) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will
      5,446 words
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      4599 35 MATS BUY IT• SELL IT• FIND IT NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg GLOBAL TESTING CORPORATION LIMITED (Incorporated in Singapore) (Registration No. *****9582R) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at the Sheraton Towers Singapore, Garnet Room,
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  • EDITORIAL & OPINION
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      Lock icon Nuclear energy is here to stay
      464 36 EDITORIAL TO SAY that recent events in Fukushima, Japan have dented confidence in nuclear energy would be an understatement. The reactions around the world have ranged from extreme concern to near-panic as Japan the only country ever to suffer the horrific consequences of a
      464 words
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      Lock icon Money laundering a hard reality in India
      800 36  -  THE BOTTOM LINE YOGI AGGARWAL The writer is a Mumbai-based journalist who contributes regularly to BT “BLACK money”, or tax-evaded wealth, has been a longstanding feature of the Indian economy. Estimates of the tax-evaded money in the country vary from 30 to 50
      800 words
    • Article, Illustration
      Lock icon Global economy faces wealth redistribution
      1011 36  -  The pendulum is swinging from manufacturing nations to commodity-exporting countries By JOERGEN OERSTROEM MOELLER The writer is visiting senior research fellow, Institute of Southeast Asian Studies, Singapore, and adjunct professor, Singapore Management University Copenhagen Business School. He is the author of ‘How Asia can shape
      AFP  -  1,011 words
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      Lock icon Europe’s sub-prime quagmire
      961 37  -  It’s a mistake for the European authorities to allow debt restructuring and real stress tests for banks to remain taboo By DANIEL GROS Daniel Gros is director of the Centre for European Policy Studies BACK in 2007-08, when the financial crisis was still called the “sub-prime” crisis,
      AP  -  961 words
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      Lock icon A Republican walks the walk on cutting the US federal deficit
      1216 37  -  LEON HADAR Washington Correspondent AFTER talking and talking about the need to take control of the growing debt, there are signs that at least some politicians in Washington may be getting serious about tackling the issue. One of the
      1,216 words
    • LETTERS TO THE EDITOR
      • Article
        Lock icon Government should do more to tackle inflation
        384 37  -  May Chen THE Monetary Authority of Singapore (MAS) has tried to contain inflation by letting the Singapore dollar appreciate against other currencies. In the process, it has indirectly caused interest rates (both loan and deposit rates) to be at extreme lows. The consequences
        384 words
      • Article
        Lock icon SGX should consider Russia
        101 37  -  Denis Distant I REFER to the report “Swan turns into an Ugly Duckling for critics: Australian treasurer gets bad press for appearing to reject SGX’s bid for ASX” (BT, April 7). There is little point flogging a half-dead horse. So let the failed bid become history
        101 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      8481 38 Transaction date: Apr 7 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 21 14.5 8Telecom 17 unch 30 17 17 17 17.5 7.8 3.6 3.6 81.4 12 4.5 A-Sonic 7 -0.5 56
      8,481 words
    • Article
      Lock icon SGX CATALIST
      1592 39 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 7 4 t AA Grp 4.5 unch 5 4.5 4.5 4 4.5 21.4 4.3 225 135 t APStrategic 170 161 173 100.9 1.5 0.5
      1,592 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      9697 39 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.39/ APS Alpha Fund (USD)!** 1.11/ APS Alpha Fund Cl B SGD!** 1.2/ APS Alpha Fund Cl B USD!** 0.89/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt S'pore Pte Ltd AXA WM
      9,697 words
    • Article
      Lock icon GLOBALQUOTE
      251 39 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 56 38 AVJennings A53.5 unch 16 53.5 53.5 52.5 55.5 3.6 6.5 4.3 139.3 55 16 Genting HK US$ US43.5 +1.5 ***** 44.5 42 43.5 44 2864.3
      251 words
    • Article
      Lock icon SGX ETF
      826 39 52-Wk Last Vol Day Last Quote DivGrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 124 108 ABF SG Bond ETF 111.5 110.5 113 509 1075 761 CIMBAsean40 100US$ US1075cd +8 4 1075 1075 1065 1075 43 350 270 DBS STI ETF
      826 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      374 40 In local curr In S$ In US$ dy yr dy yr dy yr Apr 6 Index Change Change Change Change Change Change World Index Preliminary 932.4 0.1 3.9 0.3 3.6 0.3 5.3 EAFE Preliminary 811.1 0.3 1.3 0.6 2.2 0.6 3.9 Europe Preliminary 1210.6 0.5
      374 words
    • Article
      Lock icon INTERBANK RATES
      177 40 Apr 7 $S Offer Bid 0vernight 0.01 par 1-month 5/16 1/16 2-months 3/8 1/8 3-months 7/16 3/16 Overnight mode: 0.01 US$ Offer Bid 7 days 0.28 0.18 1 month 0.36 0.26 2 months 0.40 0.30 3 months 0.45 0.35 6 months 0.58 0.48 9 months 0.80 0.60 12
      177 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      23 40 Apr 7 Apr S$ Bid Offer 1-month 1.2611 1.2613 2-months 1.2610 1.2613 3-months 1.2610 1.2612 6-months 1.2606 1.2608 Source: OCBC
      23 words
    • Article
      Lock icon SICOM FUTURES
      131 40 Apr 7 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) May 11 610.0 610.0 607.5 2 Jun 11 604.3 Jul 11 593.7 Aug 01 575.0 573.0 575.0 26 Sep 11 566.5 Oct 11 563.2 Nov 11 563.2 Dec 11
      131 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      79 40 Apr 7 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****H 07.07.2011 0.27 1-Year BY*****N 01.11.2011 0.34 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0V 1.625 01.04.2013 102.29 102.34 102.32 5-Year N*****0W 1.125 01.04.2016 100.05 10-Year NY*****N
      79 words
    • Article
      Lock icon CHICAGO BOT
      107 40 Apr 6 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low May 11 1376.50 1373.25 1388.25 1372.75 Jul 11 1388.25 1384.75 1399.75 1384.75 Aug 11 1389.00 1386.25 1400.50 1387.00 Sep 11 1385.75 1383.00 1395.25 1381.75 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low May 11 58.78
      107 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      77 40 CRUDE OIL PRODUCTS Apr 6 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 122.88 unch WTI (Near Mth) 108.72 1.02 Dubai (1-Mth F) 115.55 2.31 Tapis blend 130.37 2.41 Minas 126.77 2.41 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 112.00 0.94 Jet Kerosene 137.90 0.70 US$/barrel Opec Oil
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    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      2655 40 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left AFP Properties EW*****8 24.5 0.5 55 1 10 -13 1.61 55 Asia-Pacific Strategic W*****6 24.5 1 150 3 6.94 37 ASJ Hldgs W*****1 1.5 1 4 10 3.33 10 AlliedTech W*****2
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    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 40 Apr 07 As at 9am Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.358 1.282 Can dollar 1.336 1.285 Euro 1.838 1.768 Sterling pound 2.095 2.015 NZ dollar 1.009 0.961 US dollar 1.279 1.23 Local dollars to 100 units of foreign
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      28 40 Apr 7 Apr Open High Sett STI Apr 3156 SIMSCI Apr 373.7 374.5 374.0 Taiwan Apr 315.0 317.1 316.8 Source: MF Global (S) Pte. Ltd
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      65 40 Apr 7 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Apr 11 3390 3375 3390 3356 807 1401 May 11 3399 3338 3399 3325 1694 ***** Jun 11 3360 3328 3365 3315 ***** ***** Jul 11 3350 3331
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      458 40 Apr 7 Apr OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Jun11 99.6900 0 2166 Sep11 99.5850 0 4115 Dec11 99.3950 0 2925 Mar12 99.1100 0 251 EUROYEN TIBOR FUTURES Jun11 99.6725 501 3829 Sep11 99.6700 0 1221 Dec11 99.6625 27 1991 Mar12 99.6475 0 2952 Jun12
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      465 40 Apr 7 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.007 6.859 0.734 8.148 46.244 90.901 0.894 11.415 3.175 1.349 88.936 45.175 1.322 7.008 0.962 30.397 31.565 0.642 1.048 Canada 0.993 6.811
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      Lock icon SIBOR
      85 40 Apr 7 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 0.***** 0.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths
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      Lock icon PRECIOUS METALS
      138 40 Apr 7 GOLD (US$/oz) Apr 06 Apr 07 Hong Kong 1456.50 1458.20 Apr 06 Apr 05 London 1454.84 1446.60 1455.61 1447.35 Source: Thomson Reuters CAST BAR Apr 07 (S$) Selling Buying Kilobar 63,199.55 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 142 59 5gm 402 295 10gm 718
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      70 40 Apr 6 Apr Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2640.75 2610.25 3 months 2670.00 2641.00 Copper, Grade A (US$/tonne) Cash 9586.00 9369.50 3 months 9605.00 9390.00 Lead (US$/tonne) Cash 2868.00 2831.50 3 months 2820.00 2790.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash
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      Lock icon INTERBANK CURRENCY RATES
      154 40 Apr 7 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.3216 1.3225 1.0479 1.0484 Canadian dollar 1.3122 1.3131 1.0405 1.0410 Euro 1.8010 1.8019 1.4280 1.4285 NZ dollar 0.9793 0.9801 0.7765 0.7770 Sterling pound 2.0590 2.0595 1.6326 1.6327
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      Lock icon LIFFE
      83 40 Apr 6 COCOA (fytonne] Close Prev Hiqh/Low May 11 Jul 11 Sep 11 Dec 11 1928 1921 1933 1949 1912 1911 1927 1946 1948/1903 1939/1897 1951/1914 1968/1928 COFFEE (USS/tonne) Close Pev Hiah/Low May 11 2472 Jul 11 2389 Sep 11 2408 Nov 11 2417 2498 2398 2417 2429 2498/2400
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    Lock icon THE BUSINESS TIMES SHIPPING TIMES
    5653 41 n BALISA SHIPPING TRADING PTE LTD 8 Shenton Way, #40-03A, Singapore *****1 Tel: 6345 5700 Fax: 6345 5227 Email: singapore@balisagp.com UEN 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 Camden/New Orleans/Tampico Destination
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      47 42 USE THIS SPACE TO SELL CALL JOE WONG AT 9620 1327 TO ADVERTISE _1tHE BUSINESS TIMES SHIPPING TIMES &]:<^_?"=^<%}!>%|(>''|-)+`?\~"& FREIGHT FORWARDER urgently needed by shippers Can they find your services here in the Shipping Times? THE BUSINESS TIMES TO ADVERTISE, CALL JOE WONG AT 9620 1327 SHIPPING TIMES
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  • executive lifestyle
    • Article, Illustration
      Lock icon Anchors aweigh for showboats
      1504 43  -  With Singapore’s sights set on becoming South-east Asia’s yachting hub, industry players are looking to neighbouring areas to boost the region’s collective value as a cruising destination for the high-net-worth bracket, reports AUDREYPHOON reports AUDREY PHOON TO ANY other industry, a sign that the ships are
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    • CINEMA
      • Article, Illustration
        Lock icon Pill-popping mayhem
        651 44  -  By GEOFFREY EU IF MOVIES are all about keeping audiences entertained, then Limitless rates high on the watchable scale because it comes fully equipped with an interesting (if implausible) premise, slick production values and a dynamic star who slides effortlessly into his role, wearing it like a bespoke
        651 words
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        Lock icon Riotous romp in Rio
        638 44  -  Jesse Eisenberg voices lovable Blu, a flight-challenged macaw geek whom you will find yourself rooting for as he bungles his way to saving his species, reviews DYLAN TAN reviews DYLAN TAN BLUE Sky, a middleweight animation studio, gives the big boys at Pixar and Dreamworks a
        PHOTOS: BLUE SKY STUDIOS, AP  -  638 words
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        Lock icon Singapore film’s home premiere
        667 44  -  By DYLAN TAN AFTER touring over a dozen festivals all over the world for the past 12 months, Liao Jiekai’s feature-length debut Red Dragonflies is finally making its way home. It will make its Singapore premiere next Thursday as part of the ongoing Southeast Asian Film
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        Lock icon Wayward spouses get waylaid
        555 44  -  By DYLAN TAN IT’S business as usual for the kings of gross-out comedy, the Farrelly brothers, in their latest movie Hall Pass. They return to their pet subject men who act like children but obsess over sex but this isn’t exactly The Hangover 1.5. The pair
        555 words
    • MUSIC/GAMING
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        Lock icon Up close with a camera-shy artist
        591 45  -  DVD REVIEW By CHRISTOPHER LIM EVEN if you know every note on Feist’s Grammy-nomi-nated and Juno Award-winning 2007 album The Reminder, you may have no idea what she looks like unless you’ve tracked her videos down on YouTube. That’s why Look At What The
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        Lock icon Online music right on the money
        1030 45  -  Ocean Butterflies, Qtrax thrive online here while eyeing even more growth overseas, reports CHRISTOPHER LIM reports CHRISTOPHER LIM APPLE and Amazon still haven’t started selling music in Singapore, nor has streaming service Spotify which has taken Europe by storm launched here, but there’s already
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        Lock icon Run ‘em and gun ‘em down
        518 45  -  GAMING REVIEW By LEE KIM SIANG KILLZONE 3 is disappointing. Disappointingly short that is. The single-player campaign clocks in at a measly six to eight hours depending on the game’s difficulty. However, less is more as they say, and Killzone 3’s breathtaking visuals go
        518 words
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        Lock icon String of pearls
        654 45  -  CD REVIEWS By CHRISTOPHER LIM STRING soloists are the stars of this week’s round-up. As is often the case with the best classical recordings, all four albums balance old and new, but two in particular, by Lisa Batiashvili and Daniel Hope, pay special tribute to the past,
        654 words
    • PURSUITS
      • Article, Illustration
        Lock icon Pinot Noir thrills and spills
        1198 46  -  WINE By N K YONG THE Pinot Noir as we love it is the one from Burgundy. Check it out on Wikipedia and you will find that it is grown all over the world including regions that would never have crossed my mind such as
        1,198 words
      • Article, Illustration
        Lock icon China’s loose cannon
        1024 46  -  Controversial Chinese artist Ai Weiwei went from being a feather in China’s cap during the 2008 Olympics to a political liability, reports HOLLAND COTTER reports HOLLAND COTTER NYT THE Chinese artist Ai Weiwei, who disappeared into police custody in Beijing after he was arrested last Sunday while
        NYT; PHOTOS: REUTERS, AP, AFP  -  1,024 words
      • Article, Illustration
        Lock icon Potter meets Twilight
        662 46  -  A Discovery Of Witches Deborah Harkness Headline $29.95 594 pages Rating: B- BOOKS By CHRISTOPHER LIM A RIGOROUS academic background is a powerful resource for authors trying to pen believable fiction, especially when there’s an element of the fantastic involved. Historian Deborah Harkness brings almost three decades
        662 words
    • FESTIVALS AROUND THE WORLD
      • Article, Illustration
        Lock icon Chariots of the gods take to the streets
        972 47  -  Chennai’s Panguni Peruvizha, or Spring Festival, is considered by many to be one of the oldest festivals in the world. By LINETTE LIM By LINETTE LIM THE topic of celebrated French filmmaker Louis Malle’s 1968 documentary Phantom India the chariot festival of
        972 words
    • ARTS
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        Lock icon A canvas in space
        855 48  -  By MADHVI SUBRAHMANIAN MASTER printmaker Eitaro Ogawa at Singapore Tyler Print Institute (STPI) was recently asked by the well-known Korean artist Do-Ho Suh during his recent residency here: “How large a print can you make at STPI?” Among the variety of printing possibilities at STPI is
        855 words
      • Article, Illustration
        Lock icon Rapt in song
        714 48  -  Proponents of sacred music say it should be melded with secular life, reports CHEAH UI-HOON reports CHEAH UI-HOON SHOULD sacred music be played only in the sanctity of houses of worship? Not to those who perform it who feel that the beauty of this music has a
        PHOTOS: THE ESPLANADE  -  714 words
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        Lock icon Sufi brotherhood embraces all men
        448 48  -  By CHEAH UI-HOON JULIEN Jalal Eddine Weiss, founder of the Al Kindi Ensemble (right) from Syria, started performing sacred music in 1991, with renowned vocalists like Sheikh Hamza Shakkur from Damascus, and Sabri Mudalal from Aleppo and then with many other famous singers from Syria,
        448 words
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        Lock icon Propping up a dying art
        837 48  -  By CHEAH UI-HOON THE actors do finger exercises and coax the most life-like actions out of their hand puppets which are decked out in traditional Chinese opera costumes, and which depict legendary figures such as the Monkey God. On one level, the Monkey God story
        837 words
    • PROFILE
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        Lock icon Bubbly beyond vintage
        702 49  -  Olivier Krug owes his skills in producing the House of Krug’s brand of champagne to 165 years of family passion, writes MELISSA LWEE EVEN if Olivier Krug were willing to divulge the recipe behind his family’s famed Krug Champagne, he couldn’t simply because such a recipe doesn’t
        702 words
      • AROUNDTOWN
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          Lock icon Little Black Dress on show
          140 49 “Scheherezade is easy; a little black dress is difficult,” so said Coco Chanel, the “inventor” of the Little Black Dress (LBD). Just how should a classic LBD look? Survey 18 dresses from 1950s to 2000s hung up at the National Museum of Singapore in the
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          Lock icon Artworks spree
          185 49 Give Art Gallery, located online and in a heritage shophouse at 65 Spottiswoode Park Road, will hold a Spring Stock Room show from April 9 to June 4. The event kicks off on Saturday, from 2 to 7pm. The gallery has a collection of specially commissioned works. Highlights
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        • Article
          Lock icon Chamber music extravaganza
          113 49 If chamber music is your thing, then catch these two performances over the weekend. Tonight, the NUS Symphony Orchestra puts on Miniatures!, its annual chamber music extravaganza with a repertoire featuring chamber music through the ages, composed for an eclectic variety of instrumental ensembles. Admission is free
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        • Article
          Lock icon Sufism in Singapore
          148 49  -  Compiled by CHEAH UI-HOON NUS Museum will hold a panel discussion tonight, 7.30pm at NUS Museum, on Sufism in Singapore. The discussion will also open the exhibition of The Sufi and the Bearded Man: Remembering a Keramat in Singapore, which documents a two-year-long project with Ali, an
          148 words
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  • Page 46 Miscellaneous
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      300 46 CRYPTIC CROSSWORD Across 1 Tore stamps out? He often did (10) 6 Send message electronically mostly rather quaint (4) 10 Fruit makes money in region of Spain (5) 11 Definite caught-and-bowled (3-3-3) 12 Russian rebel perhaps, doubly revolutionary and Nationalist (7) 13 One is engaged by hero in illicit affair
      300 words
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  • Singapore Business Awards
    • Article, Illustration
      Lock icon Success stories of perseverance, patience and foresight
      526 1  -  Nisha Ramchandani EHIND every profit and loss statement is a story. If the numbers are good, that story usually involves more than a smattering of perseverance, patience and foresight. And that’s the case with this year’s winners of the Singapore Business Awards (SBA).
      526 words
    • Article, Illustration
      Lock icon Growing from strength to strength
      1945 2  -  Having built up Rotary Engineering over four decades, chairman and managing director Chia Kim Piow shows little inclination to slow down. VEN SREENIVASAN reports BUSINESSMAN OF THE YEAR reports VEN SREENIVASAN CHIA Kim Piow, or Roger Chia, smiles uneasily whenever someone calls him the “Datuk”
      ARTHUR LEE  -  1,945 words
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      Lock icon The benefits of being patient
      2637 4  -  OCBC CEO David Conner tells CONRAD TANthat it’s the incremental activities on a day-to-day basis across a balanced business scorecard that add up to big results in the end OUTSTANDING CEO OF THE YEAR CONRAD TAN OCBC Bank chief executive David Conner has a reputation
      YEN MENG JIIN  -  2,637 words
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      Lock icon Broadening the global footprint
      1206 6  -  Air Liquide’s Mok Kwong Weng is game to grow the company further in the BRIC countries. NISHA RAMCHANDANI reports OUTSTANDING CEO (OVERSEAS) reports NISHA RAMCHANDANI WHEN Mok Kwong Weng, Air Liquide’s group vice-president (North-east and South-east Asia), first moved to Shanghai some 20 years ago to
      1,206 words
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      Lock icon Growing trade through efficient logistics and collaboration
      1000 6  -  By HERBERT VONGPUSANACHAI The writer is managing director for DHL Express Singapore Sources: Hermann Ude, CEO of DHL Global Forwarding, and Third-Party Logistics Study 2008 OVER the past 30 years, world trade as a percentage of GDP has increased from only a third
      Sources: Hermann Ude, CEO of DHL Global Forwarding, and Third-Party Logistics Study 2008  -  1,000 words
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      Lock icon Driving into Asian markets
      1260 8  -  Logistics group YCH’s latest expansion plan is to set up operations in Japan by the end of the year, its CEO tells NISHA RAMCHANDANI ENTERPRISE AWARD NISHA RAMCHANDANI LOGISTICS group YCH first started out as a simple passenger transportation business in 1955. Since then, it has
      ARTHUR LEE  -  1,260 words
    • Article, Illustration
      Lock icon Long-term perspective key to outsourcing decisions
      890 8  -  By LIM WEI SHI, TAN SOO JIUAN The writers are associate professors in the Department of Marketing at NUS Business School OUTSOURCING can be a viable option for a business, enabling it to cut costs and free up time and capital to concentrate on
      BLOOMBERG FILE PHOTO  -  890 words
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      Lock icon Fit for tough times
      1054 10  -  To achieve long-term success, CEOs have to institutionalise real transformation in their businesses to embrace the dynamics of today’s market, says HO WAH LEE HO WAH LEE The writer is head of advisory at KPMG in Singapore. The views expressed are his own IN a post-financial
      STOCK.XCHNG  -  1,054 words
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      Lock icon Managing in the new environment
      1274 12  -  NA BOON CHONGand ALAN PANG explain how companies can strengthen the management of performance, compensation and talent in a volatile and complex environment NA BOON CHONGand ALAN PANG Na Boon Chong is managing director of executive compensation performance (South-east Asia) for Aon Hewitt Consulting and
      Source: Aon Hewitt Consulting  -  1,274 words
    • Article, Illustration
      Lock icon Inclusive thinking in a polycentric world
      959 14  -  Leadership teams must adopt a wide-ranging view of the world that anticipates swift changes in business conditions, say MILDRED TAN and MAX LOH MILDRED TAN MAX LOH Mildred Tan is the managing director of Ernst Young Advisory and Max Loh is partner and IPO
      959 words
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      Lock icon Acting to change the world
      780 15  -  MICHAEL FRESE examines the key actions most entrepreneurs undertake and the characteristics they have in common MICHAEL FRESEexamines The writer is a Professor in Management Organisation at NUS Business School. He specialises in leadership, ageing and work opportunities, innovation, and entrepreneur ship. ENTREPRENEURSHIP contributes significantly
      PHOTOS: AFP, REUTERS  -  780 words
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      Lock icon Succeeding in the ‘reset world’
      1646 18  -  PHILIP YUEN examines the various changes to the global economy and finds that strong and innovative leadership is the key to doing well PHILIP YUENexamines The writer is the CEO of Deloitte Singapore THE fallout of the economic downturn has seen many analysts talking about
      STOCK.XCHNG; BLOOMBERG FILE PHOTO  -  1,646 words
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      Lock icon Making your firm inflation ready
      2023 20  -  Companies that find a way to protect themselves from inflation’s negative effects could take advantage of weaker competitors and improve their own competitive advantage, say DANIEL STELTER, ANTHONY MAY and JEFFREY CHUA DANIEL STELTER, ANTHONY MAY JEFFREY CHUA Daniel Stelter is a senior partner and
      Source: Datastream; Compustat, BCG analysis; Source: BCG analysis; STOCK.XCHNG  -  2,023 words
    • Article, Illustration
      Lock icon A paradigm shift in healthcare
      989 22  -  Mobile health is a revolution that is fast approaching, especially in a market like S’pore, where mobile technology penetration rates are high, write R RAGHUNATHAN and MURALI GANGADHARAN write R RAGHUNATHAN, MURALI GAIUGADHARAIU R Raghunathan is a Partner at PricewaterhouseCoopers LLP (PwC) Singapore while Murali
      FILE PHOTO  -  989 words
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      Lock icon Economic disaster in the making?
      1962 24  -  DANIEL STELTER and ANTHONY MAY look at how the earthquake in Japan could contribute to global inflation DANIEL STELTER, ANTHONY MAY Daniel Stelter is a senior partner and managing director in the Boston Consulting Group’s (BCG) Berlin office and the global leader of the firm’s
      AP; REUTERS  -  1,962 words
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      Lock icon Capitalising on megatrends 2020
      1216 28  -  Organisations should form megatrend champions within their company to best exploit these opportunities, says MANOJ MENON MANOJ MENON The writer is a partner and the Asia-Pacific managing director at Frost Sullivan THOUSANDS of new companies are formed globally each year. A large majority of them, well
      AFP, REUTERS; Source: Frost & Sullivan; Source: US Census Bureau, 2010 and Department of Economic and Social Affairs of the United Nations  -  1,216 words
    • Article, Illustration
      Lock icon Ensuring a smooth transition
      1869 29 Four family business chieftains share their views on the various issues connected with succession in their enterprises PASSING the baton in a family business can be a tricky affair. Besides operational and administrative issues, other factors can come into play, from different management styles between the
      FILE PHOTOS  -  1,869 words
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      107 1 CONTENTS: Fit for tough times PAGE 10 Succeeding in the ‘reset world’ PAGE 18 Making your firm inflation ready PAGE 20 21 Capitalising on megatrends 2020 PAGE 28 www.rotaryeng.com.sg A fe i Mr Roger Chia Kim Piow Chairman Managing Director of Rotary Engineerihg Singapore Businessman of the Year Rotary's growth
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      50 3 Our unwavering commitment to deliver From a small local subcontractor, we have become an internationally respected Singaporean company and a valued partner to our customers, most of whom are major multinational corporations. My most heartfelt personal thanks go to our customers, partners and workforce for being part of this journey.
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      140 5 r 1 EXC SINGAPORE w mm -V :'1 m mmmmm {psasiw Wmm mmmm wfrZ/A m m w* Realise your growth ambitions with OCBC Business Banking. At OCBC Business Banking, we understand that every business owner has big ambitions. When your business is expanding into new countries, you can count on
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      337 7 SINGAPOREBUSINESSAWARDS 2011 The prestigious Singapore Business Awards accolade attests to Air Liquide's dedication to "innovating to benefit lives" Mr Mole KwongWeng, Group Vice President of North-east Asia and South-east Asia, Member of the Air Liquide Group Executive Committee and Chairman of Air Liquide China, has been honoured as the Outstanding
      337 words
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      101 9 (Z)L£XU5 LFA SOME WILL SENSE /I HIGHER PRESENCE A FEW WILL DRIVE IT a 1 LFA r a; V/ There are fewer of them than there are billionaires in the world, They use the same resin technology chassis that rocket ships do. They have digital rev needles because analogue needles
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      91 10 SINGAPOREBUSINESSAWARDS 2011 Congratulations to Mr Chia Kim Piow Chairman/Managing Director Rotary Engineering Limited on winning the man Ofjfhe Year Award at the ingapore Business Awards 2011 GVER ASIA yawi lettlai aoiuUmii Aver Asia (S) Pte Ltd 13 Tuas Avenue 14 Singapore *****3 Tel: (65) 6861 5550 Fax: (65) 6861 2142
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      1470 11 riftfr Ulc iU n l! wu W) SUPERB SAAB The Swedish carmaker calls the second-generation 9-5. thirteen years in the making, the most sophisticated and technically advanced car it has ever produced. Samuel Ee agrees 303 srt s. THE SLIPPERY SHAPE WITH ITS LONG-NOSE IS UNIQUE WHILE THE REAR HAS
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      97 12 SINGAPOREBUSINESSAWARDS 2011 i":! Congratulations to Mr Chia Kim Piow Chairman/Managing Director Sy Engineering Limited on winning the ian Offrhe Year Award at the I Singapore Business Awards 2011 *o«u» Vlo f FLOORING SYSTEMS Worldwide Flooring Systems Pte Ltd No. 2 Tuas South Avenue 2, Unit #02-02, Singapore *****1 Tel: (65)
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      269 13 SingaporeBu 2011 CONGRTULATIONS Successful people diferentiate themselves not by who they are but what they do. Tey act on their vision, seize opportunities and are not afraid to change to adapt to the environment. Te four winners of Singapore Business Awards 2011 have shown that there is always a way
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      137 14 SINGAPOREBUSINESSAWARDS 2011 Intergraph congratulates Mr Chia Kim Piow Chairman/Managing Director Rotary Engineering Limited on winning the man Of The Year Award at the ingapore Business Awards 2011 c Intergraph is proud to be associated with Rotary Engineering, and we wish Mr Chia and Rotary Engineering many more years of continued
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      31 15 ft Mr Chia Kim Piow, Rotary Engineering Limited, for being awarded the Singapore Businessman of the Year in the Singapore Business Awards 2011 V yi We Can, We Care www.oiltanking.com Oiltanking
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      678 16/17 SINGAPORE BUSINESSAWARDS 2011 ENTERPRISE AWARD WINNER YCH Group is one of Asia Pacific's leading supplychain companies. With a suite of award-winning SCM solutions and extensive operations spanning across the region, YCH is not just a preferred partner to world-class MNCs, but also an industry leader committed to shifting paradigms for
      678 words
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      61 19 SINGAPORE BUSINESS AWARDS 2011 Congratulations to HBa KimfjPiow Chairman/Managing Director Rotary Engineering Limited on winning the r -a at the meieuo ;ii N vie 1ir V\'v-\\ ,W \;\v Av\\ 4 www M ImBU' V > W V\\A 1 1 > v% \\V\\\ h>ir| v v\ 1 >,S\ 1 Best Wishes:
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      112 20 SINGAPOREBUSINESSAWARDS 2011 Congratulations to Mr Cnia Kim Piow nan/Managing Director iry Engineering Limited on winning the nan Of the Year Award Ik at the Singapore Business |W Awards 2011 WJ AnnAiK tj- J LIMITED 135 Pioneer Road, Singapore *****9 Tel (65) *****727, *****726 Fax (65) *****705, *****919 Website www.annaik.com.sg SINGAPOREBUSINESSAWARDS
      112 words
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      90 21 SINGAPOREBUSINESSAWARDS 2011 Congratulations to Mr cMu idto Chairman/Managing Director Rotary Engineering Limited on winning the at the 3irv£P5iSw«> llusilfisea AVWOXSfc) 2i)| J dJOTUN Jotun (Singapore) Pte Ltd 37 Tuas View Crescent Singapore *****6 T. +65 6508 8288 F. +65 6265 7484 www.jotun.com/ap SINGAPORE BUSINESSAWARDS 2011 n Congratulations to Piow Chairman/Managing
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      99 22 SINGAPOREBUSINESSAWARDS 2011 Congratulations to Mr Cltia Kim Piow Chairman/Managing Director Rotary Engineering Limited on winning the man Ofjfhe Year Award at the ingapore Business Awards 2011 m FRP Products Co Pte Ltd No. 8 Tuas Ave 14 Singapore *****4 Tel :6861 8766 Fax: 6861 2766 SINGAPOREBUSINESSAWARDS 2011 \\W I Congratulations
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      177 23 SINGAPOREBUSINESSAWARDS 2011 v IP Congratulations to Mr Cnia Kin? Plow Chairman/Managing Director Rotary Engineering Limited on winning the Of The Year Award at the jngapore Business Awards 2011 1 A- KSSwN>I W NY i i m p i HEATEC J/ETONG Heat Transfer Piping System Specialist 1EME2 JIETD 15 3 rE
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      105 24 SINGAPOREBUSINESSAWARDS 2011 Congratulations to j^ ChiajKirr? Piow Chairman/Managing Director Rotary Engineering Limited on winning the mail OfShe Year Award at the ingapore Business Awards 2011 TIONG WOON CORPORATION HOLDING LTD No. 15 Pandan Crescent, Singapore *****0 Tel: (65) 6261 7888 Fax: (65) 6777 4544 Email: enquiry@tiongwoon.com Website: www.tiongwoon.com MAFE R
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      144 25 yhertel Hertel congratulates Mr Chia Kim Piow, Managing Director of Rotary Engineering on receiving 'Singapore Businessman of the Year 2011' Hertel. Setting the standard for industrial construction and maintenance services. Delivering successfully and safely, within budget and on time is what Hertel is all about. An integrated approach, a combination
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      92 26/27 A; t'* =>- «L I 4 +*li ,<*--■ :-^i.- »v h T I V rv ik Example of an Existing Rotary EPC Project 62 Atmospheric Storage Tanks 8 Bullet Tanks in Saudi Arabia Going global means working t smarter Mr Roger Chia Kim Piow, Chairman Managing Director of Rotary Engineering,
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      68 28 SINGAPOREBUSINESSAWARDS 2011 Congratulations to Mr Chia Kim Piow Chairman/Managing Director Rotary Engineering Limited on winning the man Ofjjhe Year Award at the ingapore Business Awards 2011 lauHiwgaa AM E B T EBT ENGINEERING PTE LTD 22 TUAS AVENUE 13, SINGAPORE *****9 TEL: (65) 6861 9022 FAX: (65) 6861 1022 Company
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      46 29 SINGAPOREBUSINESSAWARDS 2011 I -V Congratulations to TOjChia Kim Piow Chairman/Managing Director Rotary Engineering Limited on winning the man Of jfhe Year Award at the QJgapore Business Awards 2011 BULK TRADE PTE LTD 1 Maritime Square #09-05 Harbourfront Centre Singapore *****3 Tel: *****088 Fax: *****355 Website: www.bulktrade.com.sg
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      77 30 The future presents an inspiring challenge In our area of specialisation, we are well on the path to becoming a recognised global leader. The technical and business skill sets that Rotary has built over the years will continue to evolve, and with the energy, intelligence and ambition in our leadership
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