The Business Times, 23 April 2011

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

Total Pages: 40
1 20 The Business Times
  • 19 1 weekend THE BUSINESS TIMES www. sinesstime .com. g APRIL23-24, 2011 S$1.00 MICA (P) 139/08/2010 A SINGAPORE PRESS HOLDINGS PUBLICATION
    19 words
  • 792 1  -  Former cyber-security adviser to White House accuses China of systematically stealing trade secrets; detractors say he’s just trying to sell his book on the subject By Victoria Ho vhoip@sph.com.sg Singapore THE man who once advised the White House on cyber security has accused the
    792 words
  • 37 1 Few Japan firms tap S’pore FTA A LIKELY reason for this is that there’s ‘no need to since the applied tariff rate at the destination country is already zero’, according to a Jetro survey. 2
    37 words
  • 32 1 Kan Seng slams candidate pooling OPPOSITION parties that do so may end up with a muddled election platform as every distinct party has its own fundamental principles and beliefs. 3
    32 words
  • 36 1 No proof of graft at unit: CDW AUDIT committee says the only loss suffered is the loss of interest income ‘which is unlikely to be material’; but still, it has suggested disciplinary action. 4
    36 words
  • 27 1 iPhone tracking: Europe weighs in SOME European governments will investigate whether Apple had violated privacy laws by collecting and storing users’ geographic location data. 5
    27 words
  • 838 1  -  Price of Good Class Bungalows holds firm but cooling measures hit sales volumes By Kalpana Rashiwala kalpana@sph.com.sg Singapore SALES of Good Class Bungalows (GCBs) the creme de la creme of the landed housing market on mainland Singapore eased in
    YEN MENG JIIN  -  838 words
  • Page 1 Advertisements
    • 41 1 the business times www. sinesstime .com. g APRIL 23 24, 2011 S$1.00 MICA (P) 139/08/2010 The Raffles Conversation MICHAEL ZINK, CITIBANK'S SINGAPORE COUNTRY HEAD 8-9 MOTORING Beetle mania L19 WEALTH Figuring out the purpose of life 25 LIVING Blissfully yours L2-5
      41 words

  • TOP STORIES
    • 498 2  -  But Singapore remains one of Japan’s main export destinations despite being a tiny market By Chuang Peck Ming peckming@sph.com.sg Singapore SINGAPORE is the first country to ink a free trade agreement (FTA) with Japan. Yet Japanese exporters and importers hardly
      Source:; Source: Jetro  -  498 words
    • 358 2  -  S’pore slips to No 2 in complaints of high labour costs: Jetro By Chuang Peck Ming peckming@sph.com.sg Singapore HIGH or rising labour costs have always been the top complaint of Japanese firms operating and looking to expand in Singapore. They are now
      358 words
    • Article, Illustration
      65 2 NEWS Top Stories 2-6 Week in Review 7 Raffles Conversation 8-9 Companies 10 From The Desk Of 12 Singapore 13 World 14-18 Stocks Stats 19 Perspective 20-21 Wealth 22-27 Show Me The Money 25 Househunt 26 Real Estate 27 LIVING Weekend with L2-5 Royal Wedding L6-7 Dining L8-9 Home
      65 words
    • 566 3  -  Practice by some opposition parties may end in muddled platform, he says GE 2011 By Lynn Kan lynnkan@sph.com.sg Singapore DEPUTY Prime Minister Wong Kan Seng said that opposition parties borrowing candidates from one another goes to show that they cannot garner enough talent to
      MUGILAN RAJASEGERAN/THE STRAITS TIMES  -  566 words
    • 379 4  -  Audit committee says the group suffered no loss except the loss of interest income ‘which is unlikely to be material’ By Lynn Kan lynnkan@sph.com.sg Singapore FRAUD investigations into unauthorised bank transfers at a unit of components maker CDW Holding have come to a
      379 words
    • 669 5 French regulator to ask Apple how it used info; Bavaria reviewing if privacy rules were violated and mulling legal remedies NYT Bloomberg New York THE controversy surrounding the security of Apple’s iPhone and iPad escalated on Thursday as some European governments said they would investigate
      NYT; Bloomberg; REUTERS  -  669 words
    • 868 6  -  SATURDAY SOAPBOX Joyce Hooi Reporter ~joyceh@sph.com.sg IF you were among the 500,000 people worldwide recently that a certain PR firm had chosen to annoy, you would have stood a 1-in-500,000 chance of winning an iPad 2. All you would have to do is answer
      868 words
  • Page 2 Advertisements

  • Page 3 Advertisements
    • 160 3 (pif) Singapore Medical Specialists Centre Healthcare Choice One Day One Stop. One @mtnc < >’ > Jlittic 1o tyou Expertise in Early Detection and Preventive Approach Singapore Medical Specialists Centre is a premier one-stop multidisciplinary specialist centre with its focus and expertise in early detection and preventive approach to major
      160 words


  • Page 5 Advertisements
    • 176 5 NOTICE OF DIVIDEND Name of Company Oriental MES Logistics Pte Ltd (In Creditors’ Voluntary Liquidation) Company Registration No. *****7569R Address of Registered Office Formerly of 7 Hoe Chiang Road Singapore *****1 Amount per centum 67.9 per centum of all admitted preferential claims First and final or otherwise First and final
      176 words

  • Page 6 Advertisements
    • 32 6 YOU MUST-HAVE ESOU CE BOOK! BRAND NEW ANNUAL MAGAZINE OUT NOW! 3/22/11 10:33:50 AM SPACE PLANNING DECOR TRENDS LIGHTING MATERIALS HOMES BATHROOMS KITCHENS WARDROBES GADGETS Available at all major bookstores and www.homeanddecor.com.sg
      32 words

  • WEEK IN REVIEW/WEEK AHEAD
    • THIS WEEK | April 18-22, 2011
      • 72 7 THE Catalist board has had a weaker pulse of late, with a sharp drop in share liquidity and a lack of new listings threatening to undermine the three-year-old platform. In the first three months of the year, the secondary board has seen
        72 words
      • 77 7 ELECTION fever kicked into higher gear on Sunday as the ruling People’s Action Party rolled out its much-awaited manifesto, promising to “make Singapore a vibrant and inclusive society” with opportunities for a better life for all. Speaking at the Young PAP’s
        77 words
      • 39 7 CHINA has flung open the doors to the renminbi clearing market for Singapore. Its central bank will soon pick an approved Chinese bank in Singapore to undertake the clearing of renminbi trades.
        39 words
      • 33 7 A BATTLE raging on Australian soil between ASX-listed manganese firm OM Holdings (OMH) and its biggest single shareholder is now being fought on Singapore’s shores.
        33 words
      • 79 7 IN some ways, it feels as if the general election calendar has come full circle with Nomination Day set for April 27, exactly the same date as five years ago. The campaign period is also the same, but Polling Day
        79 words
      • 47 7 CAPITACOMMERCIAL Trust is joining hands with its sponsor, CapitaLand, to redevelop the historical Market Street Car Park for an estimated $1.4 billion, or $1,900 per square foot of net lettable area. The new 245-metre building looks set to stand out.
        47 words
      • 55 7 PUBLIC prosecutors have succeeded in their appeal to the Supreme Court to put former AEM-Evertech CEO Ang Seng Thor behind bars for the corrupt practices he had perpetrated and then helped expose. The crux of the issue was whether Ang, 47,
        55 words
      • 50 7 MOBILE call charges between Singapore and Malaysia will be slashed by 30 per cent by May 2012 as a result of a landmark pact to curb sky-high overseas usage costs, and the issue of data roaming is next on the government’s agenda.
        50 words
      • Article, Illustration
        27 7 Unveiling the PAP’s manifesto, Securing Our Future Together, that charts the party’s vision and programmes to fight in the coming election JOYCE FANG/THE STRAITS TIMES
        JOYCE FANG/THE STRAITS TIMES  -  27 words
      • 39 7 AFTER 200 years of charting the world’s oceans, the United Kingdom Hydrographic Office has opened its first base overseas in Singapore, to be closer to the world’s most important shipping region.
        39 words
      • 58 7 AUSTRALIA’S aviation safety regula- tor has issued a warning to Tiger Airways and even threatened to cancel its operating licence for alleged safety violations. Tiger said that it has responded to the “show cause” letter from the Australian Civil Aviation Safety Authority and added that
        58 words
      • 49 7 SINGAPOREAN operators are likely to be hit harder than their Malaysian counterparts when the two countries start to ring in cheaper mobile roaming rates from next month. This is because a higher proportion of their sales come from overseas calls.
        49 words
    • 84 7 US DATA April 25 March new home sales April 26 April consumer confidence April 27 FOMC rate decision for April March durable orders April 28 Q1 GDP advanced estimates SINGAPORE DATA April 25 March Consumer price Index April 26 March index of ind’l production April
      84 words
  • Page 7 Advertisements
    • 34 7 Looking for opportunities? March/April issue out now! Available at Esso, Shell and SPC petrol stations and all major bookstores To subscribe ($30 for six issues delivered to your office or home), please call 6388-3838
      34 words
  • Page 7 Miscellaneous
    • 339 7 CRYPTIC CROSSWORD Across 1 Ancient city captured in erudite books (10) 9 Lent, for example, at an exorbitant rate (4) 10 Cook sent in more soup (10) 11 New style navy (6) 12 Salerno a French city? Could be! (7) 15 Put a foot wrong and he may bail you
      339 words

  • RAFFLES CONVERSATION
    • 2403 8 / 9  -  Citi’s Michael Zink talks about the banking landscape in the Asia-Pacific region, Singapore’s strengths vis-a-vis other cities and the role it should play. By Ven Sreenivasan ven@sph.com.sg ‘PEOPLE often use the phrase business friendly, but I don’t know any place that is openly business hostile,’ says Michael
      2,403 words

  • COMPANIES
    • 566 10  -  Q1 sees US$41 .4b net new assets flow into the industry, more than twice a year ago By Michelle Tan michtyz@sph.com.sg BLACKROCK, one of the world’s largest and most prominent asset managers, indicated that the exchange-traded funds (ETFs) and exchange traded products (ETPs)
      566 words
    • 535 10 This may lead to downgrades of profit estimates: Citigroup bers that analysts have.” Bloomberg THE pace of earnings growth in emerging markets is slowing, leading to an increased risk of downgrades to analysts’ profit estimates in coming months, according to Citigroup Inc.
      bers that analysts have.” Bloomberg; REUTERS  -  535 words

  • Page 11 Advertisements
    • 1303 11 je Exgosure •.Unparalleled Growth L RS^BuileB > at PSA Buildinn iw Artisftlmpression Bank of America Merrill Lynch HarbourFronPH subscribe NOV Ipo closes 25 April 2D11 at 9.00 a- 1^MCT Forecast and Projected Distribution Yield maplexree OFFER FOR SUBSCRIPTION Offer for subscription by Mapletree Commercial Trust Management Ltd. Offering of 712,894,000
      1,303 words

  • FROM THE DESK OF
    • 842 12  -  Embedding communications into business processes need not come with high deployment costs and can equip businesses for long-term competitive advantage FROM THE DESK OF Ray Teske Regional Director Avaya Asean S Asia continues to drive its position as the global growth engine and Asian
      842 words

  • SINGAPORE
    • 387 13 INDEPENDENT candidate Zeng Guoyuan, 58, will run in Mountbatten sin-gle-member constituency (SMC) against the incumbent People’s Action Party (PAP) candidate. However, he has no qualms against casting his vote for the PAP in his own Bishan-Toa Payoh GRC backyard. The businessman, who lives in
      MUGILAN RAJASEGERAN/THE STRAITS TIMES  -  387 words
    • 487 13  -  By Siow Li Sen lisen@sph.com.sg WESTERN investors have not been scared away by the earthquake and tsunami that hit Japan last month, nor by current inflationary concerns in Asia. There is no let-up in their search for capital market opportunities in the
      487 words
    • 573 13  -  Govt scholars coming out on their own: SDP’s Tan Jee Say Reports by Lynn Kan lynnkan@sph.com.sg WHEN a former principal private secretary to the then deputy prime minister Goh Chok Tong announces that he would contest the General Election on the opposition
      573 words

  • WORLD
    • 501 14 Low interest rates, bond buying programme, budget deficits, trade policy contribute to greenback’s decline Reuters Washington FOR years, US Treasury secretaries parroted a line that America was committed to a strong US dollar policy. But as the greenback slides close to all-time lows,
      Reuters  -  501 words
    • 516 14 Working group will check for fraud or collusion at retail and wholesale level Bloomberg Washington US President Barack Obama has said that a Justice Department probe will examine the role of “traders and speculators” in oil markets and
      Bloomberg  -  516 words
    • 411 15 Websites of Internet companies inaccessible on Thursday due to disruption of cloud-based applications stored.NYT New York A WIDESPREAD failure in Amazon.com’s Web services business took down many Internet sites on Thursday, highlighting the risks involved when companies rely on so-called cloud computing. The problems,
      stored.NYT  -  411 words
    • 232 15 Bloomberg [WASHINGTON] The Federal Energy Regulatory Commission (FERC) issued a US$30 million civil penalty against former Amaranth Advisors LLC energy trader Brian Hunter, who is accused of manipulating the natural-gas futures market in 2006. The fine “is a sufficient deterrent” to
      Bloomberg  -  232 words
    • 592 15 Anger against bailouts causing political flux and policy rows agreed.Reuters Lisbon LESS than a month after European leaders unveiled a “comprehensive package” they said would fix the eurozone, their an-ti-crisis strategy is fraying and may be in need of a radical rethink. Rising public
      agreed.Reuters; AFP  -  592 words
    • 472 16  -  Atomic energy licensing body to withhold pre-operating licence until international panel gives its report and govt takes a decision By Pauline Ng bt wo rl d @s p h .co m .sg Kuala Lumpur IN a bid to allay mounting public concerns and
      472 words
    • 327 16 US$800m in cash and securities to be given to brokerage’s customers Reuters New York JPMORGAN Chase Co will return more than US$800 million of cash and securities to resolve claims by the trustee for Lehman Brothers Holdings Inc’s brokerage after the sides agreed on how
      Reuters  -  327 words
    • 306 16 Reuters Bloomberg [NEW YORK] Morgan Stanley’s first-quarter profit fell nearly 50 per cent, but the results were better than many analysts had forecast, thanks to stronger-than-expected fixed-income trading revenue. First-quarter net income was US$968 million, or 50 cents a share,
      Reuters; Bloomberg  -  306 words
    • 572 17 But an official of the port operator says the truck drivers’ action hasn’t affected operations Reuters, Bloomberg Shanghai STRIKING truck drivers protested for a third day yesterday in Shanghai’s main harbour district amid heavy police presence and signs that the action has
      Reuters,; Bloomberg; REUTERS  -  572 words
    • 327 17 Bloomberg New Delhi INDIA aims for economic growth of 9 per cent to 9.5 per cent in the five years to March 2017 even though inflation is a concern, a top economic adviser to Prime Minister Manmohan Singh said. “The rising inflationary pressure
      Bloomberg  -  327 words
    • Briefing
      • 68 17 Bloomberg Shanghai CHINESE banks and developers are “undervalued” and may extend gains as the government should effectively contain short-term inflation, said Wang Yawei, who manages the flagship fund of China’s biggest mutual fund company. China’s equities, the best-performing major Asian stock market this year, may post
        Bloomberg  -  68 words
      • 68 17 Wednesday.AP Lucknow, India A BANK in northern India lost some 10 million rupees (S$278,433) in currency notes after termites somehow made their way inside a steel bank chest and devoured the money. Police said that the bank manager discovered the damage when he opened
        Wednesday.AP  -  68 words
      • 71 17 Bloomberg New Delhi RELIANCE Industries Ltd, India’s biggest company by market value, missed analysts’ earnings estimates for the fifth time in six quarters after natural gas produc- tion from the nation’s biggest deposit declined. First quarter net income rose 14 per cent to 53.8 billion
        Bloomberg  -  71 words
      • 58 17 Reuters Shanghai CHINA’S securities regulator plans to allow about 10 foreign companies to list on the mainland when it launches an international board in Shanghai, the 21st Century Business Herald reported yesterday. The regulator aims to use the first batch of listings
        Reuters  -  58 words
      • 90 17 Reuters Tokyo JAPAN’S government approved a four trillion yen (S$60.2 billion) emergency budget for disaster relief yesterday without new borrowing, but it is bracing for heavier reconstruction spending later this year that will require issuing new bonds and, eventually, raising taxes. The bulk
        Reuters  -  90 words
    • 532 18 His A$805,000 base salary is 61 more than Trichet’s and four times that of Bernanke’s Bloomberg Sydney A PAY increase of A$234,000 (S$310,000) at the height of the global financial crisis made Reserve Bank of Australia governor Glenn Stevens one of the world’s highly compensated
      Bloomberg  -  532 words
    • 508 18 AFP Hong Kong DETAINED Chinese artist Ai Weiwei, the activist mayor of a tsunami-hit Japanese town, and South Korean singer Rain were listed among Time magazine’s 100 most influential people. Campaigners made a strong showing among the
      AFP  -  508 words
  • Page 14 Advertisements
    • 40 14 Tuck into THE GREAT outoockCHARITY CEO Feaston great hawker fare prepared personally by S'pore's top bosses Feelgood because all proceeds go to charity When: Every Friday (7-10pm) Where: Food Republic Beer Garden at St James Power Station the new paper
      40 words


  • Page 16 Advertisements
    • 129 16 positions and 500 more in CATS Recruit Executive Creating Value and Delivering Service Excellence Woh Hup, one of the leading main contractors in Singapore, is looking for a QA QC Engineer To Sustain and Enjoy Our Environment NEA is looking for a dedicated team player to be a Manager, Centre
      129 words


  • Page 18 Advertisements
    • 40 18 RED BULL SPEED STREET 91.3FM LIVE BROADCAST WITH JEREMY RATNAM HOSTING BY THE MARRIED MEN CATCH THE 2010 FT" CHAMPION IN ACTION, LIVE IN THE STREET. Orchard Road I 24 April 2011 I 4-6pm I Free Admission OFFICIAL RADIO STATION;
      40 words

  • SGX
    • 121 19 Apr 21 As at 9am Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.37 1.293 Can dollar 1.326 1.275 Euro 1.832 1.762 Sterling pound 2.068 1.989 NZ dollar 1.016 0.968 US dollar 1.256 1.208 Local dollars to 100 units of foreign
      121 words
    • STOCK MARKETS
      • 23 19 YTD change:+0.15% 52-week high: 3,313.61 on Nov 9,2010 52-week low: 2,648.15 on May 25,2010 (Chart shows Thursday’s index closing) Source:
        Source:  -  23 words
      • 24 19 YTD change: +4.79% 52-week high: 24,988.50 on Nov 8,2010 52-week low: 18,971.50 on May 27,2010 (Chart shows Thursday’s index closing) Source:
        Source:  -  24 words
      • 29 19 Source: Bloomberg YTD change: +8.02% 52-week high: 12,506.00 on April 22, 2011 52-week low: 9,614.32 on July 2, 2010 (Chart shows Thursday’s index closing) Source:
        Source:  -  29 words
      • 22 19 YTD change: +7.21% 52-week high: 3,186.72 on Nov 11,2010 52-week low: 2,319.74 on July 2, 2010 Source: Bloomberg
        Source: Bloomberg  -  22 words
      • Article, Illustration
        19 19 YTD change: -5.35% 52-week high: 11,213.40 on April 27,2010 52-week low: 8,227.63 on March 15,2011 Source: Bloomberg
        Source: Bloomberg  -  19 words
    • 374 19 In local curr In S$ In US$ dy yr dy yr dy yr Apr 21 Index Change Change Change Change Change Change World Index Preliminary 930.3 0.4 3.6 0.3 2.4 0.7 6.3 EAFE Preliminary 806.8 0.4 0.7 0.7 2.0 1.1 5.9 Europe Preliminary 1200.8 0.2
      374 words
    • 154 19 Apr 21 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.3278 1.3288 1.0756 1.0761 Canadian dollar 1.3024 1.3029 1.0550 1.0552 Euro 1.8058 1.8069 1.4628 1.4633 NZ dollar 0.9892 0.9897 0.8013 0.8015 Sterling pound 2.0377 2.0383 1.6506 1.6507
      154 words
    • 80 19 Apr 21 COCOA (£/tonne) Close Prev High/Low May 11 1874 1912 1916/1871 Jul 11 1890 1922 1918/1887 Sep 11 1908 1937 1934/1905 Dec 11 1925 1957 1951/1922 COFFEE(US$/tonne) Close Pev High/Low May 11 2408 2454 2449/2400 Jul 11 2435 2482 2475/2406 Sep 11 2456 2501 2495/2423 Nov 11 2475
      80 words
    • 65 19 Apr 22 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position May 11 3367 3405 3410 3367 717 8001 Jun 11 3335 3386 3390 3334 937 ***** Jul 11 3317 3370 3375 3316 ***** ***** Aug 11 3311 3361
      65 words
    • 103 19 Apr 21 SOYBEANS (5,000 bu min; USc/60 lb bushels) Close Previous High/Low May 11 1380.50 1357.75 1382.00 1351.75 Jul 11 1389.75 1369.25 1392.25 1363.00 Aug 11 1389.50 1371.25 1391.75 1367.25 Sep 11 1385.25 1368.25 1386.75 1364.00 SOYBEAN/OIL(60,000 lbs; USc/lb) Close Previous High/Low May 11 58.27 58.14 58.42 57.72
      103 words
    • 74 19 Apr 21 CRUDE US$/barrel (FOB origin) Close Change Brent blend (1-Mth F) 123.64 unch WTI (Near Mth) 110.77 unch Dubai (1-Mth F) 117.20 1.27 Tapis blend 131.58 1.37 Minas 127.98 1.37 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 118.39 2.72 Jet Kerosene 139.65 1.95 US$/barrel Opec Oil Basket Price
      74 words
    • 71 19 Apr 21 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2734.00 2718.00 3 months 2745.00 2730.00 Copper, Grade A (US$/tonne) Cash 9681.50 9555.25 3 months 9705.00 9580.00 Lead (US$/tonne) Cash 2635.00 2646.00 3 months 2601.00 2612.00 Nickel (US$/tonne) Close Previous Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne)
      71 words
    • 72 19 Apr 21 GOLD(US$/oz) Apr 20 Apr 21 Hong Kong 1502.20 1508.00 Hong Kong Apr 21 Apr 20 London 1503.65 1503.61 1504.45 1504.38 Source: Thomson Reuters SILVER Selling Buying Passbook 1 oz 56.70 56.41 Source: UOB PLATINUM/ Lon (US$/oz) Apr 21 Close Previous PM Fix 1812.00 1804.00 AM Fix 1814.00
      72 words

  • PERSPECTIVE
    • 986 20 / 21  -  The world’s ninth oldest sailing ship, the Edwin Fox, lies disused and decrepit in New Zealand. Putting the historic vessel back in service would be a worthy effort Anthony Rowley Tokyo correspondent ANYONEwalkingalong the harbour front in the small town and former whaling station of
      PHOTOS: EDWIN FOX SOCIETY INC  -  986 words
    • 855 20 / 21  - The US budget it’s politics versus the numbers Long-term plans reflect a clash of visions that will be hard for parties to reconcile fijS REUTERS BREAKINGVIEWS •r*; By James Pethokoukis IN a warning on Uncle Sam’s credit rating this week, Standard Poor’s rightly suggested that America’s budget woes are partly
      855 words

  • Wealth
    • 1102 22 / 23 European leveraged loans are outperforming US bank debt this year as companies refinance borrowings at the fastest pace since 2007 Bloomberg London EUROPEANlever-aged loans are outp e r f o rm i n g US bank debt this year as companies refinance borrowings at the
      Bloomberg; STOCKXCHNG  -  1,102 words
    • WEALTH INVESTING
      • BROKERS' TAKE
        • 325 22 / 23 Buy Kim Eng Research |April 21 Close: $12.94 KEPPEL Corp posted Q1 2011 net earnings of $346.2 million, up 7.8 per cent y-o-y. This better-than-expected performance came on the heels of a strong earnings recovery in the infrastructure division following the difficulties and writedowns of its Qatar projects
          325 words
        • 418 22 / 23  -  Compiled by Conrad Tan Buy OCBC Investment Research April 21 Close: $0.750 FIRST Real Estate Investment Trust (First Reit) reported its Q1 2011 results with gross revenue increasing 95.6 per cent y-o-y and 90.5 per cent q-o-q to $14.6 million, forming 27.4 per cent of our full year
          418 words
      • 1075 24 Private equity and venture capital firms are pouring money into Chinese water-treatment companies Reuters Shanghai THERE is a clear winner as China pumps in billions of dollars to reverse the damage to its water resources and provide clean water to its people water-treatment firms.
        Reuters; REUTERS  -  1,075 words
      • 1169 25  -  To find happiness in our careers, we must know how to allocate our time, energy and talent SHOW ME THE MONEY Teh Hooi Ling hooiling@sph.com.sg Senior correspondent ~The writer is a CFA charterholder A RECENT edition of Harvard Business Review carried an article, “How
        STOCKXCHNG  -  1,169 words
    • WEALTH REAL ESTATE
      • 1252 26 PROPERTY TRANSACTIONS FOR SELECTED DISTRICTS WITH CONTRACT DATES BETWEEN MARCH 23 AND MARCH 29, 2011 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT-IN/LAND AREA*(SQ FT) PRICE (S$'000) PSF (S$) District 16 LANDED East View Gdn 2-Ter 23/03/2011 FH 3448 2450 711 Parbury Ave 3-Ter 24/03/2011 FH 1766
        1,252 words
      • 801 27 Manhattan buildings’ sale to help MTA close 2012-14 projected deficit of US$649m Bloomberg New York NEW York’s Metropolitan Transportation Authority (MTA), the biggest mass transit operator in the United States, may sell its Manhattan headquarters for about US$150 million, the agency’s real
        Bloomberg; BLOOMBERG  -  801 words





  • Page 28 Advertisements
    • 27 28 Published and printed by Singapore Press Holdings Limited. Co. Regn. No. *****2868E. A member of Audit Bureau of Circulations Singapore. Customer Service (Circulation): 6388-3838, circs@sph.com.sg, Fax 6746-1925.
      27 words

  • Page 1 Advertisements
    • 52 1 LivingBTTHE BUSINESS TIMES WEEKEND APRIL 23-24 2011 BLISSFULLY YOURS Wedding paraphernalia to cherish and to hold L2-5 NO HOLDS BARRED Just an empty boast L16 SHOPPING Style sustenance L12 ROYAL WEDDING A right royal occasion L6-7 GADGETS iPadding L13 PERSONAL SPACE In living colour L10-11 PHOTO: ARTHUR LEE MOTORING Beetle
      52 words


  • BT Living
    • 555 4 / 5  -  Who would have thought a trip to England in the 1970s would spark off a teacups lasting love affair with something so quintessentially English. By Geoffrey Eu btnews@sph.com.sg LIKE most habits, it started innocently enough. On a trip to England in the early 1970s to stock up
      PHOTOS: YEN MENG JIIN  -  555 words
    • 832 4 / 5 wine dine with BTWeekend Chatterbox Level 5 Mandarin Orchard Singapore 333 Orchard Road Z6831-6288 Home to the signature Mandarin Chicken Rice, Chatterbox is an iconic coffee house renowned for its Asian local delights and Western favourites. Most recently, Chatterbox opened its new premises on Level 5 of the hotel with
      832 words
    • WEEKEND WITH
      • 1916 2 / 3  -  The coming Royal Wedding may have the British and tourists in a tizzy over souvenirs and merchandise ranging from stamps to coins to china, but to others, the sentiment attached to keepsakes is what makes them so dear. Four collectors of wedding paraphernalia share the stories behind their
        ALVIN YAPP PHOTOS BY YEN MENG JIIN, JULIE TUNG AND KATE LEE PHOTOS BY ARTHUR LEE; PHOTOS: ARTHUR LEE  -  1,916 words
    • ROYAL WEDDING
      • 1753 6 / 7  -  Prince William and Catherine Middleton’s upcoming nuptials are touted to be the Wedding of the Century. Here’s a look at the various aspects of the event, plus how to fix one up for yourself in Singapore. By Audrey Phoon aphoon@sph.com.sg The dress WHEN British design duo
        AP, AFP; AP, REUTERS  -  1,753 words
    • DINING
      • 1795 8 / 9  -  More diners are frequenting Japanese eateries in a rousing show of support for their favourite restaurants and chefs. By Jaime Ee jaime@sph.com.sg IT WOULD have been unthinkable just a few weeks ago: a Japanese restaurant in Singapore, proudly claiming that nothing it serves is from Japan, just to
        PHOTO: AFP  -  1,795 words
    • HOME & GARDEN
      • 1028 10 / 11  -  With a candy-coloured palette, Linda Fulford transforms a simple black and white house into a visual treat, as well as a bright, cheery home for her family. personal space By Geoffrey Eu btnews@sph.com.sg THERE’S something incongruous (and possibly inspired) about using different splashes of colour to spice
        PHOTOS: YEN MENG JIIN  -  1,028 words
    • SHOPPING
      • 1207 12  - Style sustenance The arts district around Waterloo and Queen streets is the place to go if you want to buy a painting or take up a dance class. But it may soon gain a reputation for high fashion and food too. Two new ventures have recently sprouted from the Singapore
        YEN MENG JIIN  -  1,207 words
    • GADGETS
      • Article, Illustration
        621 13  -  Spiffy new designs let you coddle your precious Apple iPad in everything from leather to denim and let you prop it up almost anywhere. By Christopher Lim limchris@sph.com.sg WITH only a little over a week left in April, when Apple’s iPad 2 is supposed to launch here, it’s time
        621 words
    • WELLNESS
      • 877 14  -  An age-old meditation technique has made me a new man, teaching me to cleanse, nourish and recharge my mind. By Manish Chopra btnews@sph.com.sg ~The author is managing partner of McKinsey’s Co in Singapore. His experience with meditation is detailed in his upcoming book, The Equanimous
        877 words
    • HEALTH
      • 1094 15  -  Long hours at the computer and a lack of exercise can take a toll on your spine. By Cheah Ui-Hoon uihoon@@sph.com.sg THE word “degenerative” suggests ageing. Especially when we say “degenerative spine”. But the wear and tear of the spine is not just about growing old. The
        1,094 words
    • SPORT
      • 682 16  -  no holds barred Lee U-Wen leeuwen@sph.com.sg Deputy Foreign Editor I WAS flipping through the sports pages earlier this week when a headline of one of the articles nearly made me choke on my lunch: “Liverpool the best club in England, if not the world”. That bold
        YYP  -  682 words
      • 727 16 tee off with steve dawson W UNDERKIND is a German word for someone who excels in a certain field while still young. In sport, scouring the globe for wunderkinds is a full-time job. Latching yourself onto one of these precocious talents means that you’re
        727 words
    • GOLF
      • 1339 17  -  PowerPlay Golf a new short form of the game played over nine holes creates exciting risk-and-reward decisions on each tee. By Justine Moss btnews@sph.com.sg IN pretty much the same way that one-day cricket revived the game back in the early 1970s, followed by the 20/20
        1,339 words
    • MOTORING
      • Article, Illustration
        606 18  -  Premium and ultra-premium brands dominate, with major automakers choosing to launch 19 of their models in world premieres at the event. auto shanghai 2011 By Samuel Ee samuelee@sph.com.sg MAJOR automakers reasserted China’s position as the world’s biggest car market by launching 19 of their models in world premieres
        PHOTOS: AFP, BLOOMBERG  -  606 words
      • Article, Illustration
        641 19  -  Get ready for a new era of cool with the launch of the third-generation Beetle. By Samuel Ee WORLD debuts on the same day in Shanghai, Berlin and New York, as well as a starring role on MTV. It seems the launch of the latest iteration of an
        641 words
      • Article, Illustration
        615 20  -  The Renault Latitude has more than what it takes to qualify as a family car. By Samuel Ee samuelee@sph.com.sg RENAULThasintro-duced yet another model aimed squarely at the Japanese sedan market and this time, it’s a mid-sized model called the Latitude. Its target? None other than Singapore’s favourite mid-priced
        615 words
      • 214 20  -  By Samuel Ee IT'S not going to be Orchard Gudang but tons better. A Red Bull Racing Formula One car (right) will scream down an 800-metre stretch of Orchard Road tomorrow as part of an event called Red Bull Speed Street. Organised by the F1
        214 words