The Business Times, 9 April 2011

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Microfilm: NL31312
Total Pages: 48
1 20 The Business Times
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  • Title Section
    Lock icon Masthead
    17 1 weekend THE BUSINESS TIMES www.businesstimes.com.sg APRIL9-10, 2011 S$1.00 MICA (P) 139/08/2010 SfSl A SINGAPORE PRESS HOLDINGS PUBLICATION
    17 words
  • Article
    Lock icon Railway stations to be conserved
    32 1 protecting heritage THE landmark railway station in Tanjong Pagar and its smaller counterpart in Bukit Timah will be conserved as physical reminders of Singapore’s rich heritage. 2
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  • Article
    Lock icon IOI is CDL's partner
    34 1 south beach project MALAYSIA’S IOI Corporation will take a 49.9 per cent stake in the South Beach project with City Developments, which will hold the majority 50.1 per cent. 9
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  • Article
    Lock icon Let charity beget charity
    31 1 philanthropy SUCCESSFUL entrepreneurs in Asia who are passionate about philanthropy can help to encourage others to incorporate philanthropy into their business activity, corporate chieftains said yesterday. 16-17
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  • Article
    Lock icon SGX deal is dead; Swan tells all in whodunit
    783 1  -  Aussie Treasurer reveals who actually killed the bid and hints of regulatory overhaul By Jamie Lee leejamie@sph.com.sg Singapore AUSTRALIAN Treasurer Wayne Swan officially killed the A$8.7 billion (S$ 11.5 billion) ASX takeover by Singapore Exchange (SGX) yesterday, but not without dragging
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  • Article
    Lock icon New rules for collective investment schemes
    608 1  -  By Genevieve Cua gen@sph.com.sg Singapore THE Monetary Authority of Singapore (MAS) has issued a revised code on collective investment schemes that is expected to raise clarity and efficiency for fund managers, and also enhance investor protection. The major changes include a list of permissible
    608 words
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  • TOP STORIES
    • Article, Illustration
      Lock icon Tanjong Pagar, Bt Timah stations to be conserved
      540 2  -  Announcement follows an online petition to save them from destruction By Uma Shankari shankari@sph.com.sg Singapore THE landmark railway station in Tanjong Pagar and its smaller counterpart in Bukit Timah will be conserved as physical reminders of Singapore’s rich heritage, the government said
      FILE PHOTO  -  540 words
    • Article
      Lock icon MARKETS
      140 2 G STI 3,187.31 (+15.66) G STI FUTURES 3,176 (+20) G SIMSCI 378.43 (+2.40) G SIMSCI FUTURES 375.90 (+1.90) STOCKS Friday Change KL COMP 1,557.49 -4.44 NIKKEI 225 9,768.08 +177.15 HANG SENG 24,396.07 +114.27 SET 1,082.69 -6.52 JAKARTA 3,741.81 +11.23 MANILA 4,241.01 +21.58 KOSPI 2,127.97 +5.83 SHENZHEN B 833.20 +10.53
      140 words
    • Article
      Lock icon Casino junket licensing in the spotlight
      1130 3  -  Probe into Adelson’s allegations of suspicious activity expected to be ‘major test case’ By Grace Leong gleong@sph.com.sg Singapore SINGAPORE’S efforts in casino junket licensing are in the spotlight again following the Casino Regulatory Authority’s (CRA) announcement of a probe into allegations of illegal junket
      1,130 words
    • Article, Illustration
      Lock icon Only minor damage from quake; Fukushima spared
      839 4  -  It’ll take ten years to decommission nuclear plant, says Toshiba By Anthony Rowley bt wo rl d @s p h .co m .sg Tokyo JAPAN breathed a sigh of relief yesterday at news that the crippled Fukushima nuclear power plant and other nuclear
      AFP  -  839 words
    • Article
      Lock icon Mitsui acquisition may boost M’sian healthcare sector
      426 4  -  OSK Research sees an industry rerating due to the rich premium By Pauline Ng btworld@sph.com.sg Kuala Lumpur MITSUI&CoLtd’sproposedpurchase of a 30 per cent stake in Integrated Healthcare Holdings Sdn Bhd (IHHSB) for RM3.3 billion (S$1.4 billion) could lead to a rerating of the
      426 words
    • Article, Illustration
      Lock icon S-E Asian seas are no Gulf of Aden: security exec
      566 5  -  Piracy in this area described as opportunistic petty theft By Joyce Hooi joyceh@sph.com.sg Singapore AS Singapore gets ready to host the glitterati of the yachting set this weekend for its very first Singapore Yacht Show, the industry is looking to
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  • Page 2 Advertisements
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      Lock icon Page 2 Advertisements Column 1
      65 2 CONTENTS NEWS Top Stories 2-5 Raffles Conversation 6-7 Week in Review 8 Companies 9-11 From The Desk Of 13 Singapore 14-15 Philanthropy 16-17 World 18-22 Stocks Stats 23-27 Perspective 28-29 Wealth 30-32 Show Me The Money 33 Househunt 34 Real Estate 35 LIVING Destination dining L2-5 Dining L6 Style L7
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  • Page 3 Advertisements
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      283 3 CS; SINGAPORE MEDICAL SPECIALISTS CENTRE Have you had your Health Screening? Do not hesitate! Early prevention and detection is vital. At Singapore Medical Specialists Centre, we will help you identify which of our specially tailored comprehensive health screening package best suits you! With our "one-day, one-stop" concept, you will be
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  • Page 5 Advertisements
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      Lock icon Page 5 Advertisements Column 1
      44 5 SINGAPOREBUSINESSAWARDS 2011 Congratulations to Chia Kim Piow Chairman/Managing Director Rotary Engineering Limited on winning the ;man Of The Year Award at the japore business Awards 2011 HAI LECK HOLDINGS LIMITED 47 Tuas View Circuit Singapore *****7 Tel: 6862 2211 Fax: 6861 0700 Website: www.haileck.com
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  • THE RAFFLES CONVERSATION
    • Article, Illustration
      Lock icon Direct access
      1760 6  -  Minister for Foreign Affairs George Yeo believes social media will play a significant role in the upcoming polls, but just how it will shape and influence outcomes remains to be seen. By Anna Teo By Anna Teo AFTERForeignMinister George Yeo told a religious conference here last month why
      YEN MENG JIIN  -  1,760 words
    • Article
      Lock icon Why he chose to do an MBA
      953 6 anna@sph.com.sg LIKE many government scholars, George Yeo has Harvard on his resume. But unlike most of them, he went to its business school, rather than the Kennedy School for the Master of Public Administration (MPA). “Oh, there was tremendous pressure put on me
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  • WEEK IN REVIEW/WEEK AHEAD
    • THIS WEEK April 4-April 8, 2011
      • Article
        Lock icon Rethink unlikely to derail nuclear plans in region
        61 7 THE nuclear crisis in Japan the result of a 9.0 magnitude earthquake and a tsunami ravaging the nation is now held out as a cautionary tale for countries keen to build up their nuclear power capabilities. But countries in the region are
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      • Article
        Lock icon Timing of Hyflux option grants questioned
        47 7 A NEW report by a global independent research firm has called into question the timing of stock option grants at bluechip water firm Hyflux. And this could renew concerns over how stock options are designed and granted at other listed companies.
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      • Article
        Lock icon PAP looks at just two terms for ministers
        74 7 IN time to come, a cabinet minister may serve no more than two terms in order to give newer lawmakers more opportunities to become office-holders. This is how seriously the People’s Action Party takes its commitment to leadership renewal and would be
        74 words
      • Article
        Lock icon HK looms over SGX’s business trust play
        67 7 AS Hong Kong’s telecoms giantPCCW lobbies the Hong Kong Stock Exchange and regulators to allow business trust listings there, a challenge is being thrown to the Singapore Exchange and its carefully cultivated niche. There is no consen- sus on whether the SGX would
        67 words
      • Article
        Lock icon Tenaga keen on juice from S’pore power grid
        51 7 MALAYSIA’S largest electricity group, Tenaga Nasional, has approached Singapore to buy some electricity from power stations here. This is to help Tenaga tide over some capacity shortages “for a few months” due to problems with its natural gas feedstock supplies, BT has
        51 words
      • Article
        Lock icon Swan song signals end of SGX’s bid for ASX
        51 7 SINGAPORE Exchange chief executive Magnus Bocker stated on Tuesday that the A$8.7 billion (S$11.4 billion) offer for Australian bourse operator ASX will not be restructured, despite Australian Treasurer Wayne Swan’s strong indication that he will reject the offer currently on the
        51 words
      • Article
        Lock icon 2 PAPs? Idea was considered and scrapped
        54 7 NO system lasts forever and don’t assume the People’s Action Party will stay dominant indefinitely, said Prime Minister Lee Hsien Loong. The ruling party not only accepts these hard truths, it has actually given serious thought to splitting itself to offer an alternative
        54 words
      • Article
        Lock icon Singapore electronics crackles and pops
        57 7 THE raging global craze for smartphones and tablets helped lift Singapore’s electronics manufacturing output 26.9 per cent in 2010 to a 20-year high of $89.9 billion. While the fallout from Japan’s earthquake may have temporarily shorted the supply chains of some gadget heavyweights, local authorities
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      • Article, Illustration
        Lock icon MR LEE
        19 7 No system lasts forever and don’t assume the People’s Action Party will stay dominant indefinitely FILE PHOTO
        FILE PHOTO  -  19 words
      • Article
        Lock icon Swan turns into an Ugly Duckling for critics
        79 7 AUSTRALIAN Treasurer Wayne Swan appears to have lost a lot of friends over his signal this week that he was likely to reject the proposed takeover of ASX by Singapore Exchange. He now faces a long firing squad of critics, after he
        79 words
      • Article
        Lock icon Market casts its vote a month after Singapore
        50 7 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 from surprise outcomes such as the opposition clinching a GRC will be fleeting too, they add.
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      • Article
        Lock icon On top of their business
        51 7 THEY hail from very different industries but the four winners of the 2011 Singapore Business Awards all have something in common a drive to succeed, gumption as well as foresight qualities that have enabled them to grow their companies into notable leaders in their respective
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    • Article
      Lock icon NEXT WEEK Apr 11-15, 2011
      91 7 US DATA April 12 Feb trade balance March import, export prices March treasury budget April 13 March retail sales Feb business Inventories April Fed Beige Book April 14 March producer price index April 15 March consumer price index March industrial production April Consumer Sentiment SINGAPORE
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  • Page 7 Miscellaneous
    • Miscellaneous
      Lock icon Page 7 Miscellaneous Column 1
      316 7 CRYPTIC CROSSWORD Across 1 Lose one’s grip and take no further action (4,3,4) 9 Planning finally approved delighted! (9) 10 Difficulty in hearing (5) 11 Vagrants making racket in back street (6) 12 Darts and quivers of the regular kind (8) 13 Hemp is used in making this jacket (6)
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    • Miscellaneous
      Lock icon Page 7 Miscellaneous Column 2
      14 7 SATURDAY with Ludwig ‘Mum, please... can I talk to you for a sec offline
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  • COMPANIES
    • Article, Illustration
      Lock icon IOI is CDL’s partner for South Beach
      746 8  -  It’s taking 49.9% stake, with CDL holding majority; consortium developing project bags new $1.6b financing facility By Kalpana Rashiwala kalpana@sph.com.sg Singapore MALAYSIA’SIOI Corporationwill take a 49.9 per cent stake in the South Beach project in Singapore with City Developments Ltd (CDL) holding the
      746 words
    • Article
      Lock icon No immediate benefit from stock options: Hyflux
      472 8  -  By Lynette Khoo lynkhoo@sph.com.sg Singapore HYFLUX Ltd yesterday clarified its position on the grant of stock options, which recently became a topic of controversy due to the timing of the grant ahead of a major announcement. In a regulatory filing yesterday, the water-treatment
      472 words
    • Article
      Lock icon ETFs rising up the popularity chart
      565 9  -  They find favour with investors due to their ability to offer diversified exposure, minimising overall portfolio risk By Michelle Tan michtyz@sph.com.sg Singapore EXCHANGE traded funds (ETFs) went through a year of ups and downs in 2010 as the industry faced critics who repeatedly talked
      565 words
    • Article
      Lock icon Jiutian dives on impairment loss hike
      320 9  -  By Jamie Lee leejamie@sph.com.sg Singapore SHARES of Jiutian Chemical Group slumped to a two-year low yesterday after it bumped up an impairment loss for the fiscal year ended Dec 31, 2010, and highlighted an emphasis of matter made by its auditors. The stock tumbled
      320 words
    • Article
      Lock icon Saizen may get rating boost on clearing defaulted debt
      330 9  -  By Lynn Kan lynnkan@sph.com.sg Singapore SAIZEN Reit’s corporate family rating is up for a possible upgrade to positive by Moody’s following its plans to repay a loan that went into maturity default in November 2009. “The repayment plan is a positive
      330 words
    • Article, Illustration
      Lock icon SGX, IPOs provide main play in firm week for STI
      632 10  -  STOCKS R Sivanithy sivan@sph.com.sg Senior correspondent NOT since October have the shares of Singapore Exchange (SGX) been in as much focus as they were this week, this time because of its off-on-off takeover of or merger with ASX, the operator
      632 words
    • Article
      Lock icon Jasper strikes early deal on drilling job in West Africa
      281 10  -  B y Wong Su-Jin sujinw@sph.com.sg Singapore JASPER Investments, an offshore drilling company, has signed a letter of intent with AGR Peak Well Management to deploy a drillship, the Jasper Explorer, for a 90-day offshore drilling project. AGR is a Norwegian
      281 words
    • Article
      Lock icon TOP GAINERS
      62 10 BY CENTS CLOSE UP Lyxor Europe 10 US$ 1412 95.5 5.7 GLD 10US$ ***** 94.3 0.5 DBXT MSJAP 10US$ 3708 56.6 1.2 DBXT SPASX200 10US$ 3782 55.3 1.2 Lyxor EmergingMkts 1 1199 42.7 2.9 Transpac W*****1 140 39.0 38.6 Semb Corp.ES.1104 557 32.0 6.1 Asia Pac Brew 2350
      62 words
    • Article
      Lock icon TOP LOSERS
      62 10 BY CENTS CLOSEDOWN DBXT Nifty 10US$ ***** -162.2 -1.0 IS MSCI Spore 1404 -86.7 -4.7 JMH 4580 -60.3 -1.0 DBXT AUD Bonds 5AU$ ***** -58.2 -0.3 Elec Eltek 348 -26.4 -5.7 UOB 5.05%NCPS 100 ***** -20.0 -0.2 DairyFarm 889 -13.8 -1.2 Lyxor India Nifty 10 1672 -12.0 -0.7
      62 words
    • Article
      Lock icon Asean Exchanges website launched
      383 10  -  By Rebecca Liu Rebeccal@sph.com.sg Singapore SINGAPORE Exchange and six other exchanges in Asean have formalised their collaboration with the launch yesterday of an Asean Exchanges website. The website (www.aseanexchanges.org) aims to promote the growth of the Asean capital market by driving cross-border collaboration, streamlining access to
      383 words
    • Article
      Lock icon TOP 20 ACTIVES
      112 10 VOL CLOSE HPHTrust US$ 197,896 101 2.5 2.0 GentingSP 146,836 216 4.0 1.9 NexGenSCom 95,012 4 -0.5 -11.1 GoldenAgri 82,954 73 1.5 2.1 JiutianC 46,822 4 -2.5 -38.5 Gallant 44,903 49.5 -0.5 -1.0 CoscoCorp 30,083 225 8.0 3.7 NOL 26,972 199 4.0 2.1 GentingHK US$ 26,534 44
      112 words
    • Article
      Lock icon STI STOCKS
      110 10 Stock name Close Change CapMallsAsia 1.880 +0.020 CapitaLand 3.500 +0.090 CapitaMall 1.880 +0.020 CityDev 11.760 +0.120 ComfortDelGro 1.550 -0.020 DBS Grp 14.800 +0.080 F&N 6.250 +0.060 GLP 2.000 -0.010 Genting SP 2.160 +0.040 Golden Agri 0.730 +0.015 HK Land 7.020 +0.090 JMH 45.800 -0.480 JSH 27.980 +0.080 Jardine
      110 words
  • Page 8 Advertisements
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      Lock icon Page 8 Advertisements Column 1
      232 8 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF GRAND WATERFRONT PTE LTD COMPANY REGISTRATION NO. *****5078N (IN MEMBERS’ VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that the final meeting of a member of the abovenamed company will be held at 20
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  • Page 9 Advertisements
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      Lock icon Page 9 Advertisements Column 1
      120 9 positions and a thousand more in CATS Recruit Executive Appointments now! ShareYourKnowledge -To inspire the next generation of leaders and innovators, join the Singapore University ofTechnology and Design as Teaching Fellows JointheLeague Shape up your career path to be a fulfilling one and work with JurongHealth as Assistant Nurse Educators
      120 words
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  • Page 11 Advertisements
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      Lock icon Page 11 Advertisements Column 1
      104 11 If we have a credible First World opposition, we'll treat them with First World civility. But that doesnl mean we donl demolish you Lee on the opposition in Singapore u* MM 40WWHM I IWI Lee Kuan Yew takes on his critics in 32 hours of interviews with Straits Times journalists
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  • FROM THE DESK OF
    • Article, Illustration
      Lock icon Building a sound corporate culture
      760 12  -  Here are five fundamental principles that can help both leadership and staff understand, accept and reflect the core values that define an organisation’s DNA from the desk of Scott Morris Managing director, Asean NetApp NETAPP has been listed for nine consecutive years on Fortune magazine’s
      760 words
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  • SINGAPORE
    • Article
      Lock icon Citic Bank Int’l officially opens S’pore branch
      579 13  -  It’ll provide wholesale banking services and yuan products, serve as a platform to grow its business in S-E Asia By Lynette Khoo lynkhoo@sph.com.sg CITIC Bank International (CBI), a Hong Kong-based subsidiary of China Citic Bank, officially opened its Singapore branch yesterday, which will
      579 words
    • Article, Illustration
      Lock icon Local firm unveils Kate & Wills mobile apps
      286 13 Local firm unveils Kate Wills mobile apps A SINGAPORE-based travel info firm has launched iPad and iPhone apps to commemorate Prince William and Kate Middleton’s royal wedding on April 29. Spudniks, which has products that include mobile travel services and guides for the Web, iPhone and iPad, has launched “Kate
      286 words
    • Article
      Lock icon PJI Contract to produce high-tech cleaning solution
      312 13  -  By Tan Shihao Sean seantan@sph.com.sg THE Agency for Science, Technology and Research (A*Star) and PJI Contract Pte Ltd yesterday announced the opening of a production facility to manufacture titanium dioxide (TiO2) solution, an eco-friendly nanocoating material. PJI Contract is a specialist contractor for
      312 words
    • Article
      Lock icon ‘Robust’ year and new service hub for AIA
      478 14  -  S’pore contributes US$400m to the group’s earnings; insurer also unveils nationwide protection survey By Mindy Tan tanmindy@sph.com.sg AIA announced its FY 2010 results and a nationwide protection survey commissioned by AIA Singapore during the unveiling of its new service centre in Tampines
      478 words
    • Article
      Lock icon Winning with diversity at Siemens
      460 14  -  By Linette Lim llinette@sph.com.sg THREE-and-a-half years ago, the healthcare unit at Siemens Singapore was 20 per cent female and comprised three nationalities Singaporean, Malaysian and Chinese. Now, the healthcare unit is 40 per cent female, and is made up of 10 nationalities, including Canadian, Filipino
      460 words
    • Article, Illustration
      Lock icon Night of wine, networking and culture
      125 14 PROFESSIONAL storytellers Dolly Leow and Chuah Ai Lin walked more than 100 BT Wine Night guests through Peranakan culture on Friday last week at the InterContinental Singapore, which sponsored the event. Six wines accompanied a buffet spread. Six lucky draw prizes which included champagne
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  • PHILANTHROPISTS FORUM 2011
    • Article, Illustration
      Lock icon Let philanthropy beget more philanthropy
      651 16/17  -  Business leaders in Asia urged to encourage others to incorporate philanthropy into their business activity By Conrad Tan conradt@sph.com.sg SUCCESSFUL entrepreneurs in Asia who are passionate about philanthropy can help to encourage others to incorporate philanthropy into their business activity, corporate chieftains said yesterday. “There
      651 words
    • Article, Illustration
      Lock icon Donors urged to focus on educating girls, poor
      411 16/17  -  By Conrad Tan conradt@sph.com.sg EDUCATION for girls and the poor is one of the most important areas that wealthy donors in Asia should focus on, a leading advocate for philanthropy in Asia said yesterday. “Education is a way of elevating people who
      411 words
    • Article, Illustration
      Lock icon Giving in Asia not as mature yet as that in the West
      438 16/17  -  By Teh Shi Ning tshining@sph.com.sg ASIA’S philanthropy has not reached the maturity of Europe’s or America’s, with evangelists like Bill Gates and Warren Buffett rallying the rich to give. But this is only natural as most rich Asians
      438 words
  • Page 16/17 Advertisements
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      Lock icon Page 16/17 Advertisements Column 1
      85 16/17 Helping Roger Federer relax since 1981 Credit Suisse named "Best Private Bank Globally" by Euromoney in Private Banking Survey 2011 Our utmost goal in private banking is to help our clients thrive so they can concentrate on their lives and ambitions. We are proud that our quest for excellence has
      85 words
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  • WORLD
    • Article, Illustration
      Lock icon US scrambles to prevent govt shutdown
      509 18 Without an agreement, money to operate the government runs out at midnight on Friday Reuters Washington THE White House and Congress worked furiously yesterday to break a US budget deadlock and avoid a government shutdown today, after President Barack Obama and congressional leaders failed
      Reuters; BLOOMBERG  -  509 words
    • Article
      Lock icon Wholesaler inventories up in February
      293 18 latest us data Bloomberg Washington INVENTORIES at US wholesalers climbed in February as sales decreased for the first time since the recession ended. Stockpiles increased one per cent, the same as in January and matching the median projection in a Bloomberg News survey of economists,
      Bloomberg  -  293 words
    • Article
      Lock icon EU banks must have 5% quality capital to pass health check
      502 18 Reuters London EUROPE’S banks need to keep their core capital above 5 per cent in a test imagining a twoyear recession, in order to pass the regional exam aimed at reassuring taxpayers and repairing the sector’s image. The European
      Reuters  -  502 words
    • Article
      Lock icon Hedge funds look for Japan opportunities
      748 19 Despite the quake and nuclear crisis, they return 0.3% in March on a preliminary basis, beating 8.6% slump in Topix Bloomberg Tokyo HEDGE funds investing in Japan are scouting for opportunities after weathering the country’s worst earthquake and resulting nuclear crisis as the Bank
      Bloomberg  -  748 words
    • Article, Illustration
      Lock icon BBC coverage strained by frantic pace of events
      687 19  -  By Lee U-Wen leeuwen@sph.com.sg Singapore FROM the civil uprisings in North Africa to the recent natural disasters in countries such as Japan, New Zealand and Pakistan, unforeseen global news events are occurring at such a frantic pace of late that they are
      687 words
    • Article
      Lock icon Ka-shing Reit eyes up to 11.2b yuan from IPO
      218 22 Bloomberg Hong Kong BILLIONAIRE Li Ka-shing’s real estate investment trust may raise as much as 11.2 billion yuan (S$2.15 billion) in the first yuan-de-nominated initial public offer outside mainland China, said two people with knowledge of the matter. Hui Xian Reit
      Bloomberg  -  218 words
    • Article, Illustration
      Lock icon Shanghai to get Disney resort
      520 22 Investment to cost US$4.4b; theme park set to open in 5 years Bloomberg Los Angeles WALT Disney Co and its state-owned China partner will invest about US$4.4 billion building a resort in Shanghai, the US entertainment company’s second in the world’s most-populous nation. The Shanghai
      Bloomberg; AP  -  520 words
    • Article
      Lock icon EU distressed-debt market set to beat US
      293 22 Bloomberg London THE distressed-debt market in Europe is set to outstrip the US for the first time as the region’s sovereign crisis forces banks to sell US$2 trillion of underperforming assets, Strategic Value Partners said. “The opportunity set in Europe is very attractive
      Bloomberg  -  293 words
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  • Page 20 Advertisements
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      Lock icon Page 20 Advertisements Column 1
      1687 20 (Company Registration No. *****2045G) (Incorporated in Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of BreadTalk Group Limited (“the Company”) will be held at 171 Kampong Ampat #05-05, KA FoodLink, Singapore *****0 on Tuesday, 26 April 2011 at 9.30 a.m. for the following
      1,687 words
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  • Page 21 Advertisements
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      2291 21 MATS BUY IT• SELL IT• FIND IT NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg (Company Registration No. *****2045G) (Incorporated in Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of BreadTalk Group Limited (“the Company”) will be held at 171 Kampong Ampat #05-05, KA FoodLink,
      2,291 words
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  • Page 22 Advertisements
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      Lock icon Page 22 Advertisements Column 1
      74 22 SINGAPORE'S PREMIER HOME-GROWN CAR MAGAZINE m k m m I M A 1AUDI At IS THE HEW STAR OF PREMIUM SMALL HATCHBACKS I LEXUS CT200M PEUGEOT 308 NISSAN MARCH RENAULT MECANCCC CHEVROLET SPARK BMW M3 SALOON RANGE ROVER VOGUE TORO MONDEO EC0D005T MERC C350 COI AUOITT UPDATE TECH ART 911
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  • SGX
    • Article
      Lock icon SGX CATALIST
      10302 26 Transaction date: Apr 8 Transaction date: Apr 8 Transaction date: Apr 8 52-wks Last Vol Day Last Quote Div GrYld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 21 14.5 8Telecom 17cd unch 130 17 17 17 18 7.8 3.6 3.6
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    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 26 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 7 5 4 0 0 0 7 5 4 Manufacturing 68 41 70 0 7 15 68 48 85 Commerce 19 17 27 5 3 1 24 20 28 Tpt/Stor/Comms 17 14 13
      186 words
    • Article
      Lock icon BT SHARE INFORMATION SERVICE
      831 26 For week beginning Apr 4 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS Substantial Buy No of Price ———SHAREHOLDING Trans Shareholder/ Sell Shares Per Before After Stock Date Director Conv '000 Shr ('000) ('000) Leeden Ltd 7-Apr-11 Tham Weng Cheong S Buy 472 0.40 ***** 6.55 ***** 6.81 Asia Enterprises Hldg
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      120 26 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 67,065 67,065 116,965 116,965 Manufacturing 306,308 30,115 336,423 269,444 1,343 270,787 Commerce 166,982 23,406 190,388 99,213 2,492 101,705 Tpt/Stor/Comms 359,181 13,296 372,477 519,792 1,355 521,147 Finance 30,067 30,067 295,225 295,225 Construction 46,185 3,821 50,006 15,082
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  • MARKETS
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      118 27 Apr 08 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.364 1.287 Can dollar 1.34 1.289 Euro 1.837 1.767 Sterling pound 2.096 2.016 NZ dollar 1.008 0.96 US dollar 1.28 1.231 Local dollars to 100 units of foreign currency: Currencies Sell
      118 words
    • Article, Illustration
      Lock icon STOCK MARKETS
      89 27 YTD change: -0.09% 52-week high: 3,313.61 on Nov 9,2010 52-week low: 2,648.15 on May 25,2010 Source: Bloomberg YTD change:+5.91% 52-week high: 24,988.50 on Nov 8,2010 52-week low: 18,971.50 on May 27,2010 Source: Bloomberg YTD change:+7.19% 52-week high: 12,450.90 on April 6,2011 52-week low: 9,614.32 on July 2,2010 (Chart
      Source: Bloomberg  -  89 words
    • Article
      Lock icon MORGAN STANLEY CAPITAL INT`L INDICES
      374 27 In local curr In S$ In US$ dy yr dy yr dy yr Apr 7 Index Change Change Change Change Change Change World Index Preliminary 929.5 -0.4 3.6 -0.4 3.3 -0.4 4.9 ‡EAFE Preliminary 809.1 -0.2 1.0 -0.3 1.9 -0.3 3.6 Europe Preliminary 1205.5 -0.4
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      Lock icon INTERBANK CURRENCY RATES
      154 27 Apr 8 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.3236 1.3248 1.0529 1.0534 Canadian dollar 1.3166 1.3174 1.0473 1.0476 Euro 1.8114 1.8125 1.4409 1.4412 NZ dollar 0.9810 0.9819 0.7804 0.7808 Sterling pound 2.0601 2.0615 1.6388 1.6392
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      Lock icon LIFFE
      82 27 Apr 7 COCOA (£/tonne) Close Prev High/Low May 11 1921 1928 1944/1911 Jul 11 1914 1921 1935/1903 Sep 11 1927 1933 1946/1919 Dec 11 1941 1949 1950/1933 COFFEE (US$/tonne) Close Pev High/Low May 11 2496 2472 2514/2463 Jul 11 2443 2389 2445/2390 Sep 11 2462 2408 2466/2410 Nov 11
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      Lock icon PALM OIL
      67 27 Apr 8 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Apr 11 3400 3434 3435 3400 265 1325 May 11 3346 3400 3405 3340 662 ***** Jun 11 3325 3399 3400 3317 ***** ***** Jul 11 3323 3390
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      Lock icon CHICAGO BOT
      93 27 Apr 7 SOYBEANS (5,000 bu min; USc/60 lb bushels) Close Previous High/Low May 11 1363.*****6.*****3.*****0.50 Jul 11 1375.*****8.*****5.*****2.25 Aug 11 1375.*****9.*****3.*****3.75 Sep 11 1372.*****5.*****2.*****3.50 SOYBEAN/OIL (60,000 lbs; USc/lb) Close Previous High/Low May 11 58.32 58.78 59.01 58.15 Jul 11 58.94 59.38 59.60 58.76 Aug 11 59.14 59.58 59.57
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      Lock icon OIL
      75 27 Apr 7 CRUDE US$/barrel (FOB origin) Close Change Brent blend (1-Mth F) 121.98 -0.90 WTI (Near Mth) 110.24 1.52 Dubai (1-Mth F) 114.89 -0.66 Tapis blend 129.61 -0.76 Minas 126.01 -0.76 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 112.72 0.72 Jet Kerosene 138.75 0.85 US$/barrel Opec Oil Basket Price
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      Lock icon LONDON METALS
      73 27 Apr 7 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2642.75 2640.75 3 months 2672.00 2670.00 Copper, Grade A (US$/tonne) Cash 9650.50 9586.00 3 months 9670.00 9605.00 Lead (US$/tonne) Cash 2840.50 2868.00 3 months 2790.00 2820.00 Nickel (US$/tonne) Close Previous Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne)
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      67 27 Apr 8 GOLD (US$/oz) Apr 08 Apr 07 Hong Kong 1468.*****8.20 Apr 07 Apr 06 London 1457.*****4.84 1458.*****5.61 Source: Thomson Reuters SILVER Selling Buying Passbook 1 oz 50.69 50.40 Source: UOB PLATINUM Lon (US$/oz) Apr 06 Close Previous PM Fix 1808.*****7.00 AM Fix 1796.*****8.00 Source: Thomson Reuters PLATINUM NYMEX
      67 words
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  • PERSPECTIVE
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      Lock icon Time to step up clean-energy drive
      978 28 / 29  -  The assumption of cheap conventional energy consumption is wrong and we can’t wait for another energy shock to scramble for solutions. By Ron Mahabir By Ron Mahabir The author is the founder and managing director of Asia Cleantech Capital ANYONE still keen on nuclear
      AP  -  978 words
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      Lock icon Women leaders and the Asia-Pacific century
      698 28 / 29  -  By Vishakha N Desai The author is the president of the Asia Society in New York AS THE global economy’s centre of gravity moves east, Asia needs to recruit more women for leadership positions across the public and private sectors. But how can they
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  • Wealth
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        Lock icon A struggle staying afloat
        1083 30 / 31 With many hedge funds yet to make a full comeback, analysts anticipate a shake-out in 2011 NYT LAST year, Kenneth C Griffin, the founder of the hedge fund giant the Citadel Group, celebrated his second year of double-digit gains. But, despite strong performance, Mr Griffin has
        NYT; STOCK.XCHNG  -  1,083 words
      • BROKERS' TAKE
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          260 30 / 31 Buy DBS Vickers Securities April 8 Close: $8.38 IT is reported that Australia has formally rejected the SGX-ASX deal. Extracted from the statement made by Wayne Swan, “However, FIRB’s recommendation, which incorporated advice from ASIC, the RBA and the Australian Treasury, was that not having full regulatory sovereignty
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          356 30 / 31  -  Compiled by Jamie Lee Outperform CIMB Research April 8 Close: $1.31 STX OSV has bagged three orders for multi-role vessels from its longstanding client, DOF. These vessels will be built with STX OSV’s proprietary design. Delivery is scheduled for H2 2012. Hulls will be delivered from Romania with
          356 words
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        Lock icon Line dancing with the markets
        1042 32 Close correlation of seemingly disparate assets implies portfolios may not be as diversified as investors think NYT NOoneknowswhich way the world’s financial markets will move on any given day. No one can know. But recently, one thing hasbeeneasytopredict.Whetherthemarkets move up, down or sideways, they are
        NYT; AFP  -  1,042 words
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        Lock icon In Reits we trust?
        1382 33  -  A report card on the performance of various types of trusts listed in Singapore shows that Reits remain the best bets show me the money Teh Hooi Ling hooiling@sph.com.sg Senior correspondent ~The writer is a CFA charterholder A FEW weeks back, I was having dinner with
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    • WEALTH REAL ESTATE
    • WEALTH REAL ESTATE
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        Lock icon New life for a grand, old black-and-white
        791 35 Quintessential colonial homes, many on large plots of land, are much sought after, especially by Western expatriates NYT Singapore WHEN interior designer Michael Fiebrich and his partner David Hoss first arrived in Singapore 16 years ago, they were immediately drawn to the city’s
        NYT; FILE PHOTO  -  791 words
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      64 36 s > y s *>*»+*„. AUDEMARS PIGUET Le maitre de I'horlogerie depuis 1875 5 1 L#g! a? ss m PlGU i F": id S S839 yi V 1 =5s r 3 m O SK o X <V S> ''III ''III N V x xvv A vv^^^ ISfc 7 'V *s
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      57 1 LivingTHEBUSINESSTIMESWEEKEND|APRIL9-*****1BTTHE BUSINESS TIMES WEEKEND APRIL 9-10 2011 STYLE Nathalie Rykiel's heir apparel L7 BEST OF BRAZIL Discovering a new culinary frontier PERSONAL SPACE Right connections L10-11 ARROZ NEGRO, D.O.M PHOTO: CASSIO VASCONCELLOS GADGETS Goggle-boxes get smart L9 HEALTH Computer aid for ailing knees L15 GOLF A matter of course L17
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  • BT Living
    • DESTINATION DINING
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        Lock icon Best of Brazil
        3525 2 / 3  -  Travelling gourmets in search of new gastronomic frontiers may want to consider Sao Paulo and Rio, where Alex Atala and a new wave of Brazilian chefs are proudly showcasing Amazonian ingredients in their cuisine. By Jaime Ee By Jaime Ee jaime@sph.com.sg IF one were Alex Atala, it
        PHOTOS BY CASSIO VASCONCELLOS  -  3,525 words
    • DINING
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        Lock icon Celestial cuisine
        1067 6  -  Two chefs from Michelin-star restaurants will be illuminating the Chinese dining landscape here over the next few weeks. BT Weekend finds out more By Audrey Phoon aphoon@sph.com.sg By Cheah Ui-hoon uihoon@sph.com.sg IF you’re acquainted with the realm of personal chefs, you’ll know that said chefs are as precious
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    • STYLE
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        Lock icon Heir apparel
        746 7  -  Nathalie Rykiel, who has taken over the reins of her family’s design empire from her mum, the iconic Sonia Rykiel, talks about what it takes to walk tall on 21st-century catwalks. By Melissa Lwee By Melissa Lwee mellwee@sph.com.sg IN 1995, the late Malcolm McLaren of Sex Pistols fame
        PHOTOS: SONIA RYKIEL, AFP; PHOTOS: HOUSE OF SONIA RYKIEL  -  746 words
    • DESIGN
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        Lock icon High art of furniture
        836 8  -  Italian architect Claudio Silvestrin crafts ultra-luxe out of leather, marble and glass. By Geoffrey Eu By Geoffrey Eu btnews@sph.com.sg ANYONE who willingly forks out a tidy sum say, $20 million or more for a luxury home in Singapore is unlikely to bat an eyelid when it
        836 words
    • GADGETS
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        Lock icon Goggle-boxes get smart
        596 9  -  Gone are the days the TV was called an idiot box. Latest models from Samsung and Sony are sleek, intelligent and pack in eye-popping 3-D. By Christopher Lim By Christopher Lim THE line between TVs and PCs keeps getting blurred, with the latest TV models becoming increasingly
        596 words
    • HOME & GARDEN
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        Lock icon Right connections
        1322 10 / 11  -  For artist Wayne Mok, the experience of renovating his London apartment was a positive one, thanks to the advice and guidance received from architect and friend Voon Wong. By Daven Wu personal space| By Daven Wu btnews@sph.com.sg AS ANYONE who has just been through the ordeal of a
        PHOTOS BY MICHAEL FRANKE  -  1,322 words
    • BEAUTY
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        Lock icon OXYGEN BOOST
        22 12 / 13 BT Weekend checks out new facial treatments that use this vital gas to help keep our skin supple and wrinkle-free
        22 words
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        Lock icon Jet PureHyal Facial
        461 12 / 13  -  By Melissa Lwee mellwee@sph.com.sg Jet Concepts Wheelock Place 501, Orchard Road, #03-03 Z+65 6733 7055 IT turns out that achieving good skin is rocket science indeed. Or atleastthat’swhat GladysCheng,founderstoreJetConcepts, believes in given that all the treatments in her beauty concept store utilise the Jet-M machine a facial
        461 words
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        Lock icon Oxy Peel Skin Renewal System
        619 12 / 13  -  By Corinne Kerk btnews@sph.com.sg Beyond Beauty Orchard Central 181 Orchard Road #04-14 Z6332 8333 www.beyondbeauty.com.sg ONE of the things ageing slowly inflicts on unsuspecting adults is the appearance of dull-looking skin. As one ages, there is a considerable reduction in the amount of oxygen in
        619 words
      • Article, Illustration
        Lock icon Magic Rejuvenation Facial
        594 12 / 13  -  By Clarissa Tan btnews@sph.com.sg Sccube the Apothecary #05-25A, Ngee Ann City www.sccube.com OOH, a facial at $688 per hour, that’s $11.50aminute.It’sonethatconsistsactually of two parts a “tripolar” treatment where radio frequency is applied via a kind of metal stick rubbed over your face, and an oxygen treatment via
        594 words
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        Lock icon LinC's Oxy-Facial Treatment
        349 12 / 13  -  By Cheah Ui-Hoon uihoon@sph.com.sg LinC Aesthetic Clinic 541 Orchard Road #21-01/02 Liat Towers Z6732 0208 IT’S common knowledge that oxygen is good for the cells which need it to be nourished and to perform in peak condition. That must be the rationale for the oxygen facial and
        349 words
    • HEALTH
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        Lock icon Sound advice for parents
        927 14  -  Don’t let your children get into the groove of a ‘Saturday night fever’ condition it could well herald the start of a hearing problem. By Cheah Ui-Hoon problem.By Cheah Ui-Hoon uihoon@sph.com.sg WHEN very young children have intermittent low-grade fever or recurrent coughs and colds, say, every
        927 words
      • Article, Illustration
        Lock icon Towards better alignment
        748 15  -  Computer-navigated surgery is proving to be a cut above the more conventional method of knee replacement. By Cheah Ui-Hoon By Cheah Ui-Hoon uihoon@sph.com.sg THE process of knee replacement surgery is now more precise with the help of com-puter-navigated surgery. But it’s not something that many people are
        748 words
    • SPORT
      • Article, Illustration
        Lock icon On the brink of greatness
        672 16  -  no holds barred Lee U-Wen leeuwen@sph.com.sg Deputy Foreign Editor PERFECTION. Few athletes in the world can ever claim to reach, or even come close to, the pinnacle in their respective sport. There are but a handful who have achieved the near-im-possible, feats that will likely
        AP  -  672 words
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        Lock icon The allure of Augusta
        550 16  -  tee off with Christy Simson Christy Simson ON MONDAY morning, the winner of the golf Masters will be given a cheap-looking green jacket and a very expensive cheque. He can keep the US$7.5 million, but after a year, the jacket has to be returned. You see,
        550 words
    • GOLF
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        Lock icon A matter of course
        1193 17  -  The best golf-course designers need not necessarily have been the best players. By Justine Moss btnews@sph.com.sg AS THE golfing world’s elite players compete this weekend at Augusta National in the 75th staging of the US Masters and first major of 2011, most will take some time
        1,193 words
    • MOTORING
      • Article, Illustration
        Lock icon Green with envy
        632 18  -  The use of turbocharging and double-clutch gearboxes by the Continental makes has taken drivetrain technology to a new level of efficiency and emissions. Samuel Ee drives two models which are both powered by Ford EcoBoost engines Samuel Ee samuelee@sph.com.sg VOLVO’S clever powertrain in its V60 estate has
        632 words
      • Article, Illustration
        Lock icon Makeover magic
        582 19  -  Not only does the reworked Ford Mondeo 2.0 seem like a whole new car, it’s also eco-friendly. By Samuel Ee By Samuel Ee samuelee@sph.com.sg THREE years after the Ford Mondeo was introduced here, the mid-sized sedan has been refreshed on the outside and transformed on the inside. The
        582 words
      • Article, Illustration
        Lock icon An electric race please
        611 20  -  The big question is whether Kers will be available for Vettel’s car in tomorrow’s race. f1 watch By Samuel Ee samuelee@sph.com.sg CONTRARY to popular belief, Kinky Kylie is not the name of the woman who appears in the sex video which purportedly features Malaysian opposition politician
        PHOTOS: AP, REUTERS  -  611 words
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      821 4 / 5 wine&dine with BTWeekend Bar On 5 Level 5, Mandarin Orchard Singapore 333 Orchard Road Z6831-6288 Bar on 5 is the ideal place to chill out and unwind after a hard day’s work. Located five floors above Orchard Road, it provides a fabulous view of the shopping belt. The beverage menu
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      173 15 •V li \N 1 Joint Replacement. Because the quality of life is irreplaceable. As the main weight-bearing joints in the lower limb, our hips and knees are subject to forces of impact during walking and running every day. That's why our hip and knee have the highest incidences of osteoarthritis
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      17 15 This is the first of a four-part series produced on alternate Saturdays in collaboration with Orthopaedics International
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