The Business Times, 30 April 2010

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Microfilm: NL30642
Total Pages: 34
1 34 The Business Times
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  • Title Section
    Lock icon Masthead
    23 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg SfJl A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 123/08/2009 Friday, April 30,2010
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  • Article
    Lock icon Fed opts for gentle touch on interest rates
    849 1  -  It says economy is getting better but decides to keep rates low for extended period By ANDREW MARKS IT was a message awash with hope and a surprisingly gentle punchline. The employment market is improving, household spending is on the rise, business
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  • Article
    Lock icon MARKETS DIGEST
    140 1 ST INDEX 2,959.01 (+26.97) ST INDEX FUTURES 2,959.00 (+27.00) SIMSCI 351.33 (+3.50) SIMSCI FUTURES 351.30 (+3.70) FOREX US$ S$ US$ (S$ per US$) 1.373 (US$/S$ per 1.523 2.090 EURO (US$/S$/E) 1.322 1.815 Foreign currency per US$ S$ YEN 94.10 68.50 RM 3.206 2.336 HK$ 7.767 5.659 BAHT 32.33
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  • Article
    Lock icon Banker’s ‘fresh start’ runs onto rocky road
    927 1  -  It’s been a long journey for tycoon whose firm is asked to pay rental arrears By FELDA CHAY, KAREN NG [SINGAPORE] Agus Anwar may have once owned banks in Indonesia, but now he is owing rent. The Singapore investment holding firm controlled by
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      96 1 TECHNOLOGY HP-Palm deal a blow to Asian phone makers PAGE 18 BOOKS Vignettes of the ambitious Indian abroad PAGE 32 ART Marina Bay Sands architect surveys his work PAGE 30 EMERGING ENTERPRISE Moveon Tech eyes Catalist listing PAGE 11 EXECUTIVE LIFESTYLE Wine In Singapore’s wine market, the search for brand-building
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  • TOP STORIES
    • Article
      Lock icon THREE-MINUTE DIGEST
      564 2 Fed opts for gentle touch on interest rates IT was a message awash with hope and a surprisingly gentle punchline. The employment market is improving, household spending is on the rise, business investment is picking up, the Federal Reserve’s interest rate policymaking committee said on Wednesday. Despite this,
      564 words
    • Article
      Lock icon Greek deal to be sealed in a few days: EU official
      740 2 Athens stocks soar and bond yields dip on news IMF, ECB are near agreement AP Reuters [BRUSSELS] European and German officials assured markets they were working quickly on approving a bailout for Greece as they try to keep the
      AP; Reuters  -  740 words
    • Article, Illustration
      Lock icon Tiger Beer scores with Wayne Rooney as its new face
      365 2  -  By JAMIE LEE [SINGAPORE] Manchester United striker Wayne Rooney is the new celebrity face of homegrown Tiger Beer under a two-year deal announced by Asia Pacific Breweries (APB). In a television commercial to be shown in Singapore for the first
      365 words
    • Article, Illustration
      Lock icon Changi reports strong rise in Q1 traffic
      384 4  -  While passenger numbers were up 16.5%, cargo saw a jump of 18.5% By VEN SREENIVASAN [SINGAPORE] In a sign the strong recovery in air travel is continuing, Changi Airport has reported a big increase in first-quarter passenger numbers. About 9.94 million people moved
      AFP  -  384 words
    • Article
      Lock icon Rising sovereign debt will lead to inflation: Roubini
      432 4 Bloomberg [LOS ANGELES] Nouriel Roubini, the New York University professor who forecast the US recession more than a year before it began, said sovereign debt from the US to Japan and Greece will lead to higher inflation or government defaults. Almost US$1
      Bloomberg  -  432 words
    • Article
      Lock icon Strong growth puts Asia at risk of overheating: IMF
      440 4  -  By ANTHONY ROWLEY WHILE the European Union grapples with the risk of a contagious sovereign debt crisis and Japan with deflation, most Asian economies are growing at a rate where their very success is threatening them with problems of possible overheating
      440 words
    • Article
      Lock icon World tourism improves with better economy
      442 4  -  By NISHA RAMCHANDANI [SINGAPORE] International tourism demand is back on track after taking a hit during the recession last year, with growth driven largely by regions such as the Asia-Pacific, Africa and the Middle East. According to the UNWTO World Tourism Barometer, international tourist
      442 words
    • Article
      Lock icon 36,000 visit Marina Bay IR in first 24hrs
      425 4  -  By ARTHUR SIM [SINGAPORE] Marina Bay Sands (MBS) has revealed that 36,000 people visited the integrated resort (IR) in its first 24 hours of operations. The first phase of Marina Bay Sands, which includes the casino, parts of the retail mall and
      425 words
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      622 2 RafflesMedical Whether travelling for business or leisure, falling sick is the last thing anyone wants to experience. Seeking medical help in a foreign land is daunting. Even with travel insurance, the trouble of locating a proper medical facility and battling communication difficulties in an unfamiliar environment is best to be
      622 words
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      156 2 AV ONE TOTAL AUDIO VISUALISM* THE EXPERTS IN HOME ENTERTAINMENT SYSTEM HI-FICHDICE magazine CHOICE AWARDS HI-FICHDICE v magazine y SOUND MAG Together with an array of award-winning products, AV One invests all it's effort and expertise to ensure that your new system is a SUREFIRE BLOCKBUSTER Lifestyle Audio System HomeTheatre
      156 words
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      203 3 ORCHARD iSCOTTS Winner of the FIABCI Prix d'Excellence Award 2009 mi •f i i m >%■ A m* w I < The luxury of space. In the heart of Orchard. sS Space is a true expression of luxury. At Orchard Scotts, you will experience space in abundance for this award-winning
      203 words
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      450 4 BarroMetrics RAY BARROS TRADING GROUP j Presents THE MISSING LINK TO k TRADING SUCCESS A Content Rich Seminar with Substance 15 May 2010, Saturday, 1 4 pm Grand Hyatt Ballroom ]nce Testimonials 'What sets Ray apart from other market gurus and seminar lecturers is his interactive and personal approach. After
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      33 4 Basking in IR’s crowning glory, Page 30 GOOD CORPORATE GOVERNANCE Create greater transparency for your company by advertising your financial results in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. MATS NOTICES
      33 words
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      162 5 Vorsprung durch Technik Fashion ahead of the tr s M 0 m 0 1 k*k. i rf 7+'<P S25 •srr-** r Dress up your new Audi TT, Audi A4 and Audi A6 or yourself with a fashion edition package of up to $16,500- Plus guaranteed COE and adjusted prices. With
      162 words
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  • COMPANY NEWS
    • Article
      Lock icon Sembcorp’s takeover of Cascal turns hostile
      608 6  -  HOCK LOCK SIEW By CONRAD TAN SEMBCORP Industries’ hostile takeover of New York-listed water company Cascal is interesting to watch. While the target company is small its market capitalisation is just over US$200 million some of its board members who aren’t interested parties in
      608 words
    • Article
      Lock icon Sim Siang Choon acquiring oil and gas firm
      318 6  -  By JOYCE HOOI BATHROOM products supplier Sim Siang Choon is diversifying into the oil and gas sector. The company said yesterday that it has entered into an agreement to acquire a 47.9 per cent stake in Interlink Petroleum Limited a public limited
      318 words
    • Article, Illustration
      Lock icon Genting jumps 8.7% on sector’s bullish outlook
      618 6  -  By ARTHUR SIM GENTING Singapore’s share price rebounded from a seven-week low and surged 8.7 per cent yesterday to hit 94 cents on a bullish outlook for the Singapore gaming sector. The stock was also the most heavily traded yesterday with over 335
      AFP  -  618 words
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      78 6 A V. 2 m U i r B V •5 >' V FENDI x v 0 .4 s^7i \4 i i x L 1 mm m v i s tfK mm &£"d i H y~ >r r^fV \dm&zm i 0 r~ I) A VINCI LUXURY DA VINCI LUXURY Available at
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      175 6 Zeng Fanzhi Wang Guangyi Yue Minjun "V w /j s )b: J.V OS Handiwirman Saputra l Nyoman Masriadi Agus Suwage i r s? 7\ 3>5 Lee Man Fong Auke Cornelis Sonega Hendra Cunawan K'J* 3 AST I i I Custi Nyoman Lempad Fancy Orangy Pink and Diamond Ring, weighing 6.04
      175 words
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      170 7 Holland 3K v tffSSS u t«i n —i assise*: gg ■?fr" wr n. S&r'. An exclusive collection of homes. Each a canvas for the expression of your individual lifestyle. Uniquely yours. Twenty-six modern luxury homes. Nineteen unique variations in size and layout. Choose from multiple dimensions of living space up
      170 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon STI rebounds after 2 days of losses
      577 8  -  Index gains 27 points despite lower Hang Seng, and Europe, China worries STOCKS R SIVANITHY Senior Correspondent NOT surprisingly, after losing about 70 points in a two-day sell-off on Tuesday and Wednesday, the Straits Times Index yesterday managed a bounce of 26.97 points
      Source: Bloomberg  -  577 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 8 DAILY
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    • Article
      Lock icon OTHER SINGAPORE INDICES
      66 8 Apr 29 VALUE CLOSE BT OB/OS -530.00 +151.0 BT CADI -*****.00 +73.0 BT 10-day MA -*****.00 -53.00 FTSE ST Mid Cap 721.53 +4.14 FTSE ST Small Cap 581.45 +2.45 FTSE ST All Share 732.93 +6.07 FTSE ST China Top 298.58 +2.64 FTSE ST China 315.19 +4.28 FTSE
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    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 7 7 3 0 0 0 7 7 3 Manufacturing 76 41 71 7 4 10 83 45 81 Commerce 26 17 25 1 3 6 27 20 31 Tpt/Stor/Comms 17 10 15
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    • BROKERS’ TAKE
      • Article, Illustration
        Lock icon Straits Asia Resources
        463 8 April 29 close: $2.03 OCBC INVESTMENT RESEARCH, April 29 Q1 2010 net profit down 68 per cent on margin erosion. Straits Asia Resources Ltd (SAR) reported its Q1 2010 results with a 9.9 per cent y-o-y increase but a 34.1 per cent q-o-q decrease in revenue to
        Source: Bloomberg  -  463 words
      • Article
        Lock icon Allgreen Properties
        470 8  -  Compiled by JOYCE HOOI April 29 close: $1.27 CIMB RESEARCH, April 29 IN LINE; maintain “outperform”. Q1 2010 core net profit of $16 million only forms 9 per cent of our full-year forecast and consensus as the bulk of Allgreen’s (AG’s) pipeline for 2010 has yet to be
        470 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      120 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 32,804 32,804 73,924 73,924 Manufacturing 458,849 10,219 469,068 266,414 916 267,331 Commerce 110,256 20,316 130,572 105,844 5,051 110,896 Tpt/Stor/Comms 163,558 928 164,486 239,199 146 239,345 Finance 32,713 2 32,715 196,929 196,929 Construction 88,685 4,386 93,071
      120 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      113 8 Stock name Close Change CapMallsAsia 2.160 +0.020 CapitaLand 3.740 -0.010 CapitaMall 1.940 +0.040 CityDev 10.700 -0.020 ComfortDelGro 1.580 +0.030 DBS Grp 15.300 +0.140 F&N 4.900 +0.090 Genting SP 0.940 +0.075 Golden Agri 0.590 -0.005 HK Land 5.250 +0.140 JMH 36.280 +0.020 JSH 21.260 +0.160 Jardine C&C
      113 words
    • Article, Illustration
      Lock icon Euro rises on Greece bailout hopes
      537 8 CURRENCIES Reuters [NEW YORK] The euro rose yesterday, rebounding from a one-year low the previous day, on hopes a bailout plan for Greece was imminent and would help it avoid a debt restructuring. Gains were limited, however, as details of the Greece package were
      Reuters; REUTERS  -  537 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      57 8 VOLUME Genting SP 335,548,000 Centillion 54,643,000 Yangzijiang 46,774,000 FreightLinks 44,549,000 PSL Hldgs 43,142,000 Golden Agri 36,164,000 Global Palm 31,778,000 ChinaNTown 29,060,000 NTI Intl 28,254,000 ASTI 28,131,000 VALUE($) Genting SP 310,749,845 CapitaLand 83,790,011 SingTel 81,702,482 Yangzijiang 64,894,140 DBS Grp 64,852,128 UOB 59,213,098 Noble Grp 49,007,957 OCBC Bk 45,567,340
      57 words
    • Article
      Lock icon RISES
      101 8 BY CENTS CLOSE UP GLD 10US$ ***** 71.3 0.5 UOB 2016 44.0 2.2 OUE 1720 26.0 1.5 SIA.ES.1004 1534 22.0 1.5 JSH 2126 22.0 0.8 Jardine C&C 2952 20.0 0.7 UOB 5.05%NCPS 100 ***** 20.0 0.2 HK Land 525 19.2 2.7 Wilmar.ES.1004 698 15.0 2.2 DBS Grp 1530 14.0
      101 words
    • Article
      Lock icon FALLS
      120 8 BY CENTS CLOSE DOWN DBXT Nifty 10US$ *****-370.4 -2.2 Lyxor Europe 10 US$ 1199-109.8 -6.3 DBXT S&P Short 10US$ 4960 -82.3 -1.2 CityDev.ES.1004 1074 -54.0 -4.8 Lyxor LatinAmerica 1 836 -49.4 -4.1 HsuFuChi 240 -32.0 -11.8 DBXT FTChina25 10US$ 2908 -30.2 -0.8 STXPO 100 1590 -30.0 -1.9 CIMBAsean40 100US$
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    • Article
      Lock icon CURRENCIES
      87 8 Where S$ stands Apr 29 CHNG YR 2010 CLOSE FR Apr 28 S$ LOW S$ HIGH US$ 1.3682 0.68 1.4219 1.3682@ Euro 1.8142 0.14 2.0153 1.8142@ Pounds 2.0869 0.15 2.2831 2.0845 A$ 1.2696 -0.20 1.2960 1.2276 Yen* 1.4560 0.85 1.5927 1.4551 Rupiah* 0.***** 0.43 0.***** 0.***** Baht* 4.2385 0.49
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  • COMPANY NEWS
    • Article
      Lock icon MCL Land gets boost from The Estuary writeback
      435 9  -  US$51 m writeback helps bring MCL’s Q1 net earnings to US$48.7m By KALPANA RASHIWALA A WRITEBACK of about US$51 million for an impairment charge on The Estuary condo in Yishun helped to boost MCL Land’s first-quarter net earnings to US$48.7 million. In
      435 words
    • Article
      Lock icon DBS to have 100 more ATMs by year-end
      420 9  -  By CONRAD TAN DBS Group is adding 100 automated teller machines to its network islandwide, as part of a broader initiative to improve its customer service and cut waiting time at its bank branches and cash machines. The additions will expand its
      420 words
    • Article, Illustration
      Lock icon Ho Bee Q1 earnings rise 11.8%
      382 9  -  Joint ventures, led by Parvis project, are key contributors By KALPANA RASHIWALA PROPERTY developer Ho Bee Investment’s net profit for the first quarter ended March 31, 2010, rose to $41.7 million, an 11.8 per cent improvement from the same year-ago period. The increase was
      FILE PHOTO  -  382 words
    • Article, Illustration
      Lock icon Absence of CDO loss lifts Venture Q1 results
      450 10  -  Profit rises 42.3% despite sales falling 11.9% due to paring down of a business By LYNETTE KHOO VENTURE Corp posted a 42.3 per cent jump in net profit for the first quarter ended March 31 to $39.5 million, in the absence of
      BLOOMBERG  -  450 words
    • Article
      Lock icon At a glance
      134 10 Q1 results ended March 2010 NET PROFIT (S$m) TURNOVER (S$m) CURRENT PREVIOUS CHNG CURRENT PREVIOUS CHNG Jardine C&C 249.10 126.37 97.1 5,000.03 2,962.69 68.8 MCL Land 68.17 1.94 3,405.5 0.32 11.63 -97.3 Ho Bee Inv 41.68 37.28 11.8 92.35 110.04 -16.1 Venture Corp 39.46 27.73 42.3 639.53
      134 words
    • Article
      Lock icon Analysts more upbeat on tourism stocks
      383 10  -  Travel industry is bouncing back as visitor arrivals climb By NISHA RAMCHANDANI WITH the tourism industry bouncing back as visitor arrivals continue to climb, analysts are more upbeat on tourism stocks. In a research note, DBS Group Research maintained “buy” calls on CDL Hospitality
      383 words
    • Article
      Lock icon Business research institute sets up office in S’pore
      339 10  -  It will study issues related to investment, wealth management in Asia By GENEVIEVE CUA EDHEC-Risk Institute, known for its “research for business” thrust, has set up an office in Singapore from which it aims to study issues central to investment and wealth
      339 words
  • Page 9 Advertisements
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      210 9 Centennia 1 > Centennia suites suites FREEHOLD Experience a new course of life af fhe Singapore River Centennia Suites presents a new vision of riverfront living that is refreshing and supremely luxurious. It's a home where the city's panaromic views converge with the riverside promenade. Bask in the excitement of
      210 words
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      520 10 DBS Auditorium, DBS Building Tower One, 6 Shenton Way, Singapore PRESENTING MALAYSIAN LISTED COMPANIES IN mis EVENT HIGHLIGHTS: Welcome Address by Mr Alan Chan, CEO of SPH and Dato'Yusli Bin Mohamed Yusof, CEO of Bursa Malaysia Berhad Investment Merits Presentation by 11 large cap companies listed in Malaysia Panel Discussion
      520 words
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  • EMERGING ENTERPRISE 2010
    • Article, Illustration
      Lock icon Beyond BlackBerrys
      1224 11  -  With a staff force of 100 and targeted sales of US$14m this year, Moveon Technologies is eyeing a Catalist listing next. TIMOTHY SEOW reports TIMOTHY SEOW FAITHFUL BlackBerry users who are delighted with the new TrackPad the optical finger navigation pad that replaced the TrackBall owe some gratitude
      YEN MENG JIIN  -  1,224 words
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      197 11 This is the fifth of a series of features on the 15 finalists of the Emerging Enterprise 2010 Awards. Jointly presented by The Business Times and OCBC Bank, the EE 2010 recognises young SMEs with annual sales of less than $10 million. It is supported by RSM Chio Lim, Spring
      197 words
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      481 11 BRUNEI DARUSSALAM THE BRUNEI ECONOMIC DEVELOPMENT BOARD Pilot Project to Design, Build and Maintain Modern Office Facilities in Brunei Darussalam OPEN INVITATION FOR EXPRESSIONS OF INTEREST REQUEST FOR PRE-QUALIFICATION QUESTIONNAIRE TENDER REFERENCE NO:TC 1 0 05 00 The Brunei Economic Development Board has been mandated to develop modern energy efficient
      481 words
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  • SINGAPORE NEWS
    • Article
      Lock icon NTUC social enterprises to be expanded
      315 12  -  SLF, labour movement to ensure needs of working families are better met: Mah By UMA SHANKARI THE Singapore Labour Foundation (SLF) and the labour movement will expand the impact and scale of the NTUC social enterprises to better meet the needs of working families,
      315 words
    • Article
      Lock icon Top May Day award for three CEOs
      355 12  -  88 industry chiefs, firms, labour leaders, officials on the list By CHUANG PECK MING COMFORTDELGRO managing director and group chief executive officer Kua Hong Pak is among 88 industry chiefs, companies, labour leaders and public-sector officials on the list for this year’s May
      355 words
    • Article, Illustration
      Lock icon High-flying support for Budding Artists Fund
      372 12  -  By OLIVIA HO WITH 12 children between them, four high-flying professionals who somehow also juggle side careers as artists have come together in support of The Business Times Budding Artists Fund. Two lawyers, a lead designer and a managing director have donated paintings for
      372 words
    • Article, Illustration
      Lock icon More than 30 units of Marina Bay Suites sold
      382 12  -  Prices for latest preview are 15-20% higher By KALPANA RASHIWALA MORE than 30 units were sold at a preview for Marina Bay Suites yesterday. They were among a batch of 36 apartments released on nine floors in the 66-sto-rey condominium project
      382 words
    • Article
      Lock icon Index that tracks SME outlook, economic activity
      290 12  -  By OLIVIA HO HOT on the heels of Credit Bureau Singapore’s SME credit score comes another tool to aid small and medium enterprises (SMEs). The Singapore Business Federation (SBF) and DP Information Group are releasing the SBF-DP SME Index, which will track the
      290 words
    • Article
      Lock icon Income to pay $8.6m in bonus cheques
      245 12 INSURANCE cooperative NTUC Income is distributing a one-time first-ever cash bonus in cheques a total of $8.6 million to its “loyal’’ customers. Policyholders who have maintained policies with the cooperative for at least 10 years will receive cheques within three to four weeks.
      245 words
    • Article
      Lock icon Q1 refining margins back in the black at oil refineries here
      354 12  -  By RONNIE LIM SINGAPORE refineries have begun to see positive margins again in the first three months of this year, after two consecutive quarters of bleeding. But the refining industry is still far from being out of the woods.
      354 words
    • Article
      Lock icon SMEs get tips on opportunities in China
      513 12  -  Look beyond top-tier cities; focus on ‘smart mover’ advantage By CHEN XUIFEN THERE are still plenty of opportunities for Singapore SMEs to grow in China if they know how and where to look. For a start, there is no need to compete in
      513 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon Thailand raises growth forecast for year
      552 13 But economists cut estimates, as crisis hurts businesses, investment dries up Reuters [BANGKOK] Thailand’s central bank raised its 2010 economic growth forecast to 4.3-5.8 per cent yesterday, buoyed by a strong rebound in exports, but it would have been stronger if not for weeks
      Reuters; REUTERS  -  552 words
    • Article
      Lock icon S Korea should raise rates, says Roach
      419 13 It runs risk of asset bubble if current record-low levels are maintained Bloomberg [SEOUL] South Korea should raise interest rates from the current “crisis” levels to avert an asset bubble, Morgan Stanley Asia Ltd chairman Stephen S Roach said. “Rates are now set
      Bloomberg  -  419 words
    • Article
      Lock icon Europe more confident about economy despite Greek crisis
      687 13 EC also reports big fall in German jobless numbers Bloomberg [DUBLIN] European confidence in the economic outlook improved to the highest in more than two years and German unemployment plunged amid signs the euro-area recovery is strengthening even as Greece’s fiscal crisis
      Bloomberg  -  687 words
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      318 13 i A i Lv i ft Singapore Travel Icon 3 ;II C/jan Brothers Travel Is the Only Travel Agent Consecutively Awarded Platinum in Reader's Digest Trusted Brands 2010 •PT. Experience a Brand New Indulgent Style of Touring Europe Stay 5 nights onboard the floating luxury hotel Amadeus Diamond sail along
      318 words
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  • MALAYSIA/INDONESIA
    • Article
      Lock icon Bank Negara expects growth forecast to be raised
      498 14  -  Mid-year review likely and figures could be used in Budget: governor By in S JAYASANKARAN MALAYSIA’S central bank is likely to raise its economic growth forecast for 2010 due to the continued improvement of the economy, Bank Negara governor Zeti Akhtar Aziz
      498 words
    • Article
      Lock icon Malaysia says ‘no case’ in French submarine probe
      280 14 AFP [KUALA LUMPUR] Malaysia yesterday downplayed a French probe into claims of corruption over a US$1.1 billion submarine deal linked to Prime Minister Najib Razak, saying there was “no case” to answer. Mr Najib was defence minister when the deal was brokered.
      AFP  -  280 words
    • Article, Illustration
      Lock icon PLN seeks investors for power plant
      228 14 Reuters [JAKARTA] Indonesian state electricity firm PT Perusahaan Listrik Negara (PLN) is seeking investors to build a US$750 million coal-fired power plant in South Sumatra, the company said yesterday. Indonesia, South-east Asia’s biggest economy, is struggling to generate enough power to fuel its growth
      Reuters  -  228 words
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      Lock icon Page 14 Advertisements Column 1
      1540 14 BEATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg ~z:oBE3 Z-Obee Holdings Limited (incorporated in Bermuda with limited liability) (Hong Kong Stock Code: 948) (Singapore Stock Code: D5N) website: http://www.z-obee.com NOTICE OF SPECIAL GENERAL MEETING NOTICE IS HEREBY GIVEN that a special general meeting (the "SGM") of Z-Obee Holdings Limited (the "Company")
      1,540 words
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      Lock icon Page 14 Advertisements Column 2
      564 14 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF WEEKLY MARINE SERVICES PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) (REGISTRATION NO. *****0871 E) NOTICE OF MEMBERS' VOLUNTARY LIQUIDATION Notice is hereby given that at an Extraordinary General Meeting of the abovenamed company duly convened and held
      564 words
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  • GREATER CHINA
    • Article, Illustration
      Lock icon Baidu Q1 profit more than doubles
      549 15 It expects revenue to rise to between 1.83b yuan and 1.87b yuan in the three months to June Reuters [SHANGHAI] Internet search firm Baidu Inc is emerging as a big winner following Google’s recent retreat from China as it reported profit more than doubled
      Reuters; BLOOMBERG  -  549 words
    • Article
      Lock icon ICBC’s Q1 profit rises 18% on credit demand
      447 15 Bloomberg [BEIJING] Industrial Commercial Bank of China Ltd (ICBC), the world’s largest lender by market value, said profit rose 18 per cent in the first quarter as an economic recovery boosted demand for credit. Net income climbed to 41.55 billion yuan (S$8.32
      Bloomberg  -  447 words
    • Article
      Lock icon China urges banks to expand profit channels
      220 15 Reuters [BEIJING] Chinese banks must develop new revenue streams because they can no longer rely on plump net interest margins for their profits, the country’s chief banking regulator said yesterday. Liu Mingkang, chairman of the China Banking Regulatory Commission (CBRC), said banks needed
      Reuters  -  220 words
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  • GREATER CHINA/INDIA
    • Article
      Lock icon Pollution sparks health warning in HK
      309 16 Bloomberg [HONG KONG] Hong Kong air pollution reached “very high” levels at all three roadside station monitoring stations, prompting the government to advise people with heart or respiratory problems to avoid long stays in heavy traffic. The pollution index was 151 in the Central
      Bloomberg  -  309 words
    • Article, Illustration
      Lock icon China cuts foreign debt quota to stem capital inflows
      460 16 Reuters Bloomberg [BEIJING] China has cut its short-term foreign debt quota for this year by 1.5 per cent to prevent “abnormal” capital inflows, the foreign exchange regulator said yesterday. Many economists view short-term debt as an indicator of bets on yuan
      Reuters; Bloomberg; AFP  -  460 words
    • Article
      Lock icon India food inflation slows; may fall further
      392 16 Sufficient rains this year may see prices softening, says finance minister Bloomberg [NEW DELHI] India’s food inflation slowed as Finance Minister Pranab Mukherjee said agriculture prices may cool further on prospects of sufficient rains this year. An index measuring wholesale prices of agriculture
      Bloomberg  -  392 words
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      373 16 1 1 /> I I WINE DINE AND HOSPITALITY ■smsm*"--war- TANTALISING THAI... at AquaMarine! This May, indulge in the Tantalising Thai buffet spread at AquaMarine where Guest Chef Pamon Pheng-Noo of Six Senses Hideaway, Koh Samui,Thailand, promises to thrill yourtastebuds with his wide selection of Thai specialities cooked in exciting
      373 words
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      1267 17 Oversea-Chinese Banking Corporation Limited and its Subsidiaries (Incorporated in Singapore. Registration Number: *****0032W) IMPORTANT Thefinancial information as set out below is an extract of the audited financial statements of Oversea-Chinese Banking Corporation Limited and the audited consolidated financial statements of the Croup for the financial year ended 31 December 2009
      1,267 words
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  • ASIA-PACIFIC/WORLD
    • Article
      Lock icon HP-Palm deal a blow to Asian phone makers
      534 18 LG, Samsung still playing catch-up in bid to capture a larger market share Reuters [SEOUL] Asian technology firms vying for a bigger share of the hot smartphone market now face an uphill battle after the world’s top PC maker Hewlett-Packard snapped up
      Reuters  -  534 words
    • Article, Illustration
      Lock icon Australia implements tough cigarette packaging rules, raises tax by 25%
      522 18 AP [SYDNEY] Tobacco companies would be forced to use plain, logo-free packaging on their cigarettes in a bid to make them less attractive to smokers under legislation introduced yesterday by Australia’s government, which dubbed the move a world-first. The rules,
      AP; BLOOMBERG  -  522 words
    • Article
      Lock icon Drugmakers lift lid on emerging markets
      455 18 Reuters [LONDON] Big drugmakers are revealing more details about where exactly they make their money in a bid to convince investors that much-hyped emerging markets really can deliver tomorrow’s growth. As sales growth in Europe, the United States and Japan stalls and many blockbusters
      Reuters  -  455 words
    • Article
      Lock icon Banks face 92b euro UK, Spain and Ireland loss, S&P says
      327 18 Bloomberg [LONDON] Banks could lose as much as 92 billion euros (S$ 166 billion) from commercial real-estate loans in the UK, Spain and Ireland even after a rebound in property values, said Standard and Poor’s (S&P). Banks in the
      Bloomberg  -  327 words
    • Article
      Lock icon ANZ chief worried about world economy
      230 18 AFP [MELBOURNE] The head of Australian banking giant ANZ voiced renewed fears about the global economy yesterday, describing Europe as a “mess”, despite a steep rise in profits. Chief executive Mike Smith, announcing that first half profits were up 36 per cent, said there
      AFP  -  230 words
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      Lock icon Page 18 Advertisements Column 1
      690 18 MATS Toll free: 1800-289-8822 Email: notices@sph.com.sg NOTICES Oversea-Chinese Banking Corporation Limited and its Subsidiaries (Incorporated in Singapore. Registration Number: *****0032W) Group Capital Adequacy Ratios million 2009 2008 Independent Auditors' Report To the Members of Oversea-Chinese Banking Corporation Limited We have audited the accompanying financial statements of Oversea-Chinese Banking Corporation Limited
      690 words
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      Lock icon Page 18 Advertisements Column 2
      39 18 Win To To, Log on to Si travellersx^m 1 the ultimate travel resource bu 5PH ST "NATAS Journeys Summer20 7 0"Supplement stories will go live on 1st May. Sponsored By: A DE LTA Content Powered By: red nano. sg
      39 words
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  • WORLD
    • Article, Illustration
      Lock icon Obama poised to name Yellen as Fed vice-chair
      471 19 Also to be filled are 2 other vacancies, making 5 out of 7 picked by Obama AP [WASHINGTON] Putting a bigger stamp on the central bank, President Barack Obama is set to name Janet Yellen as vice-chairwoman of the Federal Reserve and
      AP  -  471 words
    • Article, Illustration
      Lock icon Waiting for Buffett’s take on Goldman Sachs
      728 19 May 1 Berkshire annual meeting gives him a platform Bloomberg [NEW YORK] Warren Buffett, who called Goldman Sachs Group an “exceptional institution” when he invested US$5 billion in the firm, will have his biggest platform to discuss the bank after it was sued
      Bloomberg; AP  -  728 words
    • Article, Illustration
      Lock icon US finance reform battle begins in Senate
      602 20 Republicans vow to fight for changes to bill on derivatives, consumer protection Bloomberg [WASHINGTON] Senate Republicans abandoned their efforts to block debate over legislation overhauling US financial rules, vowing instead to fight for changes to the bill on issues ranging from consumer protection
      Bloomberg; AP  -  602 words
    • Article
      Lock icon GE set to tap US$200b smart-meter market
      425 20 Bloomberg [BANGALORE] General Electric is poised to tap the US$200 billion smart-me-ter market as nations upgrade more power meters to improve electricity use and lower costs. More than a billion electricity measuring units may be changed to “smart meters” in the next two
      Bloomberg  -  425 words
  • Page 19 Advertisements
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      1392 19 HATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg SINGAPORE ISLAND BANK LIMITED (Incorporated in Singapore. Registration Number: *****0071R) IMPORTANT The financial information as set out below is an extract of the audited financial statements of Singapore Island Bank Limited (formerly known as Bank of Singapore Limited) ("the Bank") for the financial
      1,392 words
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      67 20 MODERN AND CONTEMPORARY ASIAN ART EVENING SALE SUNDAY, 2 MAY2010 a; A# >0$ *0: Xi Hendra Gunawan E U.'-c ,A I Nyoman Masnadi Zhou Chunya PREVIEW 29 APR 1 MAY 11AM 10PM 2 MAY 11AM- 2 PM LINDA GALLERY BLK 15 DEMPSEY ROAD #01-08 AUCTION SUNDAY 2 MAY AUCTION STARTS
      67 words
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      48 20 JURONG WAREHOUSE Up to 255,000 sq ft covered Up to 100,000 sq ft open space Automated Storage Retrieve System (ASRS) available Full rackings option Min. 7 metres floor to ceiling height Ample loading/ unloading area Logistics services available Short long term lease available LHN Call 6578 9966 u
      48 words
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      1616 20 MAT3 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF NICOTRA ASIA HOLDING PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) (Co. Reg. No. *****4552C) NOTICE OF RESOLUTIONS At the Extraordinary General Meeting of Nicotra Asia Holding Pte Ltd duly convened and held on the 22nd
      1,616 words
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  • AVIATION/SHIPPING
    • Article
      Lock icon Airline execs bullish after faster growth in Q1
      451 21  -  They expect yields to improve, shows survey done before volcano disruption By VEN SREENIVASAN [SINGAPORE] Business confidence among airline executives has improved for the first time in more than a year, according to a survey by the International Air Transport Association (Iata).
      451 words
    • Article
      Lock icon Somalia piracy solution lies ashore: Bimco
      492 21  -  By VINCENT WEE [SINGAPORE] Two years after the piracy problem in the Gulf of Aden first appeared, better anti-piracy measures and cooperation are starting to have an effect but infrastructure gaps especially on the shore side are hindering an effective solution, a top shipping
      492 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2935 21 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi SQ457 1230 SQ456 1250 EY470 2220 Adelaide LH9771 1745 9W4082 2230 SQ268 1745 AF8088 2230 BA7382 2230 JL5083 2230 QF82 2230 --LH9770 2350 SQ269 2350 Amsterdam LO4031 0605 KL834 1325 SQ323 0605 LO4032 2345 US5410 0605 SQ324 2345 KL833
      2,935 words
    • Article
      Lock icon TRANSPORT STOCKS
      278 21 SGX '000 Apr 29 S$ +/-Vol CH Offshore 0.67 0.02 1706 Chuan Hup Hldgs 0.30 unch 30 Cosco Corp 1.74 0.04 ***** CWT Ltd 0.96 -0.02 1240 Ezra Hldgs 2.06 -0.04 ***** First Ship Lease 0.61 0.01 2895 Freight Links 0.06 0.01 ***** Grand Banks unch unch 0
      278 words
    • Article, Illustration
      Lock icon Drydocks World assesses post-riot fallout in Batam
      419 21  -  By JOYCE HOOI [SINGAPORE] Drydocks World is striving to get back to business as usual as the dust settles from a riot last week by workers at a factory belonging to its Graha shipyard in Batam. The riot triggered by an Indian employee
      419 words
    • Article
      Lock icon EU to end curbs on liquids in hand luggage by 2013
      244 21 Reuters [BRUSSELS] The European Union will end current restrictions on liquids in air passengers’ hand luggage by April 2013 in an overhaul of aviation security, the EU’s executive said yesterday. European airports will have to install new technology capable
      Reuters  -  244 words
  • Page 21 Advertisements
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      154 21 SOUTH EAST ASIA AND SOUTH ASIA AUSTRALIA TRADE FACILITATION AGREEMENT NOTICE TO TRADE BUNKER ADJUSTMENT FACTOR (BAF) Arising from the regular review of bunker prices, the following Lines in the South East Asia and South Asia Australia Trade Facilitation Agreement wish to inform the trade that with effect from 1
      154 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon Can Asia handle an airspace shutdown?
      443 22 EDITORIAL THE recent protracted closure of European airspace following a volcanic eruption in Iceland disrupted trade and caused significant financial and economic losses. Moreover, it left travellers stranded and frustrated in airports around the world and particularly in parts of Europe. It also uncovered
      443 words
    • Article, Illustration
      Lock icon How Asia keeps its capital flows in check
      1101 22  -  Japan, for instance, does it by having an institutional structure favouring stability ANTHONY ROWLEY Tokyo Correspondent THE unfolding “Greek tragedy”, which has effectively robbed that country of access to private markets for sovereign debt and reduced Portugal’s access to credit, has for
      BLOOMBERG  -  1,101 words
    • Article, Illustration
      Lock icon Drop the misguided bailout and let Greece go bust
      795 22  -  THE BOTTOM LINE MARK GILBERT Mark Gilbert, author of ‘Complicit: How Greed and Collusion Made the Credit Crisis Unstoppable’, is the London bureau chief and a columnist for Bloomberg News. The opinions expressed are his own GREECE cheated its way into
      795 words
    • Article, Illustration
      Lock icon No cash? Pay via mobile phone
      1111 23  -  Many companies are creating innovative ways for people having credit cards to make payments using their cell phones By CLAIRE CAIN MILLER NICK BILTON NYT YOU win a bet, but the loser does not have enough cash on him to settle it. If he
      NYT  -  1,111 words
    • Article, Illustration
      Lock icon Wal-Mart reaches out to farmers in India
      1272 23  -  US retail giant tries to change business models to improve farm output and speed flow of the produce By VIKAS BAJAJ NYT AT FIRST glance, the vegetable patches in the north Indian village of Haider Nagar look no different from the many small,
      NYT; AP  -  1,272 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      8963 24 52-wks Tel Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Code Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 18 5 3148 8Telecom 17.5cd unch 150 17.5 17.5 17 17.5 1.7 10.3 5.6 83.8 10 4.5 5834 A-Sonic 7 -0.5 7
      8,963 words
    • Article
      Lock icon SGX CATALIST
      1670 25 52-wks Tel Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Code Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 10 5 1181 t AA Grp 7 6 8 38.9 6.7 25 12 8538 t APStrategic 21.5 unch 470 21.5 17.5 21.5
      1,670 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      9346 25 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund!** 1.27/ APS Alpha Fund (USD)!** 0.93/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt S'pore Pte Ltd AXA WM -Talents Fund 0.71/ Aberdeen Asset Mgt Asia Limited American Opp 0.6579/ Asian Credit Fund 1.2476/ Asian
      9,346 words
    • Article
      Lock icon SGX ETF
      654 25 52-Wk Tel Last Vol Day Last Quote Div GrYld Net MCap High Low Code Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 112 107 6389 ABF SG Bond ETF 110 +0.5 4 110 110 109.7 111 502.1 883 527 CIMBAsean40 100US$ US861 -17 20 861 861
      654 words
    • Article
      Lock icon CLOB INTERNATIONAL
      259 25 52-Wk Tel Last Vol Day Last Quote Div GrYld Net MCap High Low Code Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 56 26 6000 AVJennings A47 unch 10 47 47 45 50.5 3.6 7.4 3.8 122.4 31 10.5 6017 Genting HK US$ US20 +0.5 3437
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      365 26 In local curr In S$ In US$ dy yr dy yr dy yr Apr 28 Index Change Change Change Change Change Change World Index Preliminary 864.7 -0.6 3.9 -0.6 -0.2 -0.9 2.0 EAFE Preliminary 795.8 -1.4 1.4 -1.7 -5.1 -2.1 -3.0 Europe Preliminary 1125.2 -1.2
      365 words
    • Article
      Lock icon INTERBANK RATES
      178 26 Apr 29 Bid $S Offer Bid Overnight 0.05 0.01 1-month 3/8 1/8 2-months 1/2 1/4 3-months 5/8 3/8 Overnight mode: 0.01 US$ Offer Bid 7 days 0.30 0.25 1 month 0.36 0.26 2 months 0.38 0.28 3 months 0.40 0.30 6 months 0.53 0.43 9 months 0.90 0.70
      178 words
    • Article
      Lock icon USS/SS FORWARD RATES
      23 26 Apr 29 Apr S$ Bid Offer 1-month 1.3720 1.3733 2-months 1.3720 1.3734 3-months 1.3720 1.3734 6-months 1.3720 1.3734 Source: OCBC
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    • Article
      Lock icon SICOM FUTURES
      169 26 Apr 29 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) May 10 401.0 401.0 401.0 4 Jun 10 365.0 365.0 370.0 4 Jul 10 340.1 340.1 340.1 10 Aug 10 333.0 Sep 10 323.1 Oct 10 321.0 TSR 20
      169 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      92 26 Apr 29 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****N 29.07.2010 0.33 0.29 0.29 1-Year BY*****W 03.05.2011 0.44 0.40 0.40 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0A 2.625 01.04.2012 104.13 104.16 104.15 5-Year N*****0N 1.375
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    • Article
      Lock icon CHICAGO BOT
      105 26 Apr 28 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low May 10 982.75 unch 992.00 977.50 Jul 10 993.50 993.00 1002.00 988.00 Aug 10 991.25 989.75 999.75 985.00 Sep 10 976.00 972.75 984.25 968.75 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low May 10 38.54 39.12 39.26
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    • Article
      Lock icon CRUDE OIL & PRODUCTS
      77 26 CRUDE OIL PRODUCTS Apr 28 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 85.35 -0.89 WTI (Near Mth) 83.20 1.07 Dubai (1-Mth F) 83.56 -0.92 Tapis blend 90.30 -0.90 Minas 89.50 -1.00 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 83.06 -2.05 Jet Kerosene 94.90 -0.35 US$/barrel Opec Oil
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    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      133 26 Apr 29 As at 9am Apr Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2560 1.2940 Can dollar 1.3520 1.3680 Euro 1.8020 1.8230 NZ dollar 0.9750 0.9970 Sterling pound 2.0750 2.0990 US dollar 1.3660 1.3810 Local dollars to 100 units of
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    • Article
      Lock icon STOCK INDEX FUTURES
      28 26 Apr 29 Sett Open High Sett STI Apr 2959 SIMSCI Apr 347.2 352.5 351.3 Taiwan Apr 287.8 288.7 287.5 Source: MF Global (S) Pte. Ltd
      28 words
    • Article
      Lock icon PALM OIL
      66 26 Apr 29 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position May 10 2557 2551 2558 2545 323 3177 Jun 10 2551 2545 2551 2533 1840 ***** Jul 10 2540 2531 2545 2520 9160 ***** Aug 10 2533 2525
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    • Article
      Lock icon SGX DERIVATIVES TRADING
      353 26 Apr 29 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Jun10 99.5700 0 3342 Sep10 99.4300 0 917 Dec10 99.1900 0 1035 Mar11 98.8800 0 3491 EUROYEN TIBOR FUTURES Jun10 99.6100 1303 5258 Sep10 99.6300 100 3042 Dec10 99.6350 0 1418 Mar11 99.6200 0 1735 Jun11 99.5950
      353 words
    • Article
      Lock icon INTERBANK CROSS RATES
      466 26 Apr 29 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.934 6.323 0.701 7.194 41.297 83.617 0.871 10.327 2.970 1.286 77.782 41.362 1.271 6.847 1.005 29.103 29.941 0.608 0.926 Canada 1.071 6.770
      466 words
    • Article
      Lock icon SIBOR
      86 26 Apr 29 Apr (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 1.***** 0.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12
      86 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      155 26 Apr 29 Apr Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2704 1.2723 0.9260 0.9265 Canadian dollar 1.3605 1.3622 0.9917 0.9920 Euro 1.8137 1.8156 1.3220 1.3222 NZ dollar 0.9876 0.9890 0.7199 0.7202 Sterling pound 2.0884 2.0910 1.5223
      155 words
    • Article
      Lock icon PRECIOUS METALS
      140 26 Apr 29 GOLD (US$/oz) Apr 28 Apr 29 Hong Kong 1164.30 1170.40 Apr 27 Apr 28 London 1160.65 1167.35 1161.65 1168.15 Source: Thomson Reuters CAST BAR Apr 29 (S$) Selling Buying Kilobar 55,109.28 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 123.05 51 5gm 350.96 257 10gm 625.95
      140 words
    • Article
      Lock icon LONDON METALS
      71 26 Apr 28 Apr 28 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2156.75 2117.50 3 months 2190.00 2150.00 Copper, Grade A (US$/tonne) Cash 7362.00 7452.25 3 months 7400.00 7490.00 Lead (US$/tonne) Cash 2209.50 2272.50 3 months 2237.00 2300.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne)
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    • Article
      Lock icon LIFFE
      77 26 Apr 28 COCOA (£/tonne) Close Prev High/Low May 10 2348 2344 2360/2334 Jul 10 2383 2376 2395/2367 Sep 10 2346 2339 2353/2329 Dec 10 2294 2289 2303/2284 COFFEE (US$/tonne) Close Pev High/Low May 10 1266 1244 1278/1239 Jul 10 1308 1285 1320/1280 Sep 10 1343 1321 1355/1317 SUGAR (US
      77 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      2491 26 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Tel Last Vol Conv Exer Disc Gear-Mths Code Company Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 4.5 unch 1150 1 15 -9 4.78 49 4085 ASJ Hldgs W*****1 4.5 -0.5 208 1 4 1.89 22 2036 Advance SCT Ltd W*****9 0.5 1
      2,491 words
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  • Article
    Lock icon THE BUSINESS TIMES SHIPPING TIMES
    5759 27 BALISA SHIPPING TRADING PTE LTD 8 Shenton Way, #40-03A, Singapore *****1 Tel: 6345 5700 Fax: 6345 5227 Email: singapore@balisagp.com CR NO. **********0W UK CONTINENT SERVICE U.S.A. SERVICE Destination STXPO TBN Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Destination STXPO TBN New Orleans/Camden *Loads E./W.
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  • Page 28 Advertisements
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      Lock icon Page 28 Advertisements Column 1
      33 28 I Can they find your services here in the Shipping 1 Times? re Legal services e< ie owners w •v THE BUSINESS TIMES TO ADVERTISE, CALL JOE WONG AT 9620 1327 SHIPPING TIMES
      33 words
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  • Page 29 Advertisements
  • Page 29 Miscellaneous
    • Miscellaneous
      Lock icon Page 29 Miscellaneous Column 1
      282 29 CRYPTIC CROSSWORD Across 4 Recording chap changing gear(8) 8 River rose perhaps (6) 9 Purist interminably struggling in middle of night during rebellion (8) 10 Soundly interrogate Heather, collaborator (8) 11 Abnormal interest not in the way (6) 12 Some outline area starting in Asia (4,4) 13 I am at
      282 words
  • executive lifestyle
    • ARTS
      • Article, Illustration
        Lock icon Laugh, not meditate
        669 29  -  HuM theatre, despite the meditative connotation of its name, aims to make people laugh with its debut production Rafta Rafta reports NATALIE KOH NATALIE KOH MOSTtheatrecompaniesusually start off with a lofty goal push the boundaries of local theatre; tackle sensitive issues such as homosexuality and social displacement;
        669 words
      • Article, Illustration
        Lock icon Rocking and rolling the Bard
        695 29  -  By NATALIE KOH THERE have been countless reworks of William Shakespeare plays over the past few decades. We’ve seen Baz Luhrmann’s movie version of modern-day Romeo and Juliet where guns replaced swords, A n d y Fi c k m a n s tongue-in-cheek adaptation
        NOBBY CLARK  -  695 words
      • AROUND TOWN
        • Article, Illustration
          Lock icon A music journey with Lisa Ono
          170 29 LISA Ono (right) is a Brazil-born, Japanese bossa nova singer. Since her debut album, Catupiry, which was released in 1989, she has been unstoppable, releasing an album each year. She has won two Grand Prix Gold Disk Awards for jazz in Japan. Apart from
          170 words
        • Article, Illustration
          Lock icon The sophisticated world of a dreamer
          113 29 LOH Choi Ying, a talented artist from Singapore, graduated with a degree in fine arts from Utrecht School of Arts in Holland in 2002. Since then, she has been incessantly creating artworks and exhibiting them in Singapore and Japan. The May exhibition will present
          113 words
        • Article
          Lock icon Exploring society’s chaotic nature
          124 29 COMBINE drama, dance, mime, experimental theatre and a bunch of energetic male dancers, and you’ve got Velocity. The show, by dance theatre group Horse, explores the chaotic nature of modern society as the dancers experiment with the speed and control of their movements to try and
          124 words
        • Article
          Lock icon Spotlight on heritage and culture
          95 29  -  Compiled by NATALIE KOH IMPRINTS is an art exhibition that focuses on the theme of heritage and culture. Eight contemporary artists produced various artworks for the exhibition, such as performance arts, site-specific installations, oil paintings and ceramic works. The works revolve around the artists’ childhood
          95 words
      • Article, Illustration
        Lock icon Falling short, despite strong performances
        439 29  -  By NATALIE KOH VISUALLY, the production displayed raw beauty, from the sparseness of the props to the costumes (or lack of them). Performance-wise, the acting was pitch-per-fect, with an honesty that shone through each cast member. Despite such strong elements going for it, Wild Rice’s
        439 words
      • Article, Illustration
        Lock icon Basking in IR’s crowning glory
        918 30  -  MBS’s design architect speaks to MADHVI SUBRAHMANIAN as she explores the IR, one of the most complex structures to be built MADHVI SUBRAHMANIAN “IFEEL like I am in a fairy tale,” says the design architect Moshe Safdie as he surveys the fruits of his work
        MARINA BAY SANDS; PHOTOS: NG SOR LUAN/THE STRAITS TIMES  -  918 words
      • Article, Illustration
        Lock icon KL, from different angles
        491 30  -  By CHEAH UI-HOON WE call it culture shock the feelings of alienation and estrangement in their own country when Asian students return from their studies in North America or Europe. But while the majority of returning students just wait for the shock to fade over time,
        491 words
      • Article, Illustration
        Lock icon A one-woman show that soars
        395 30  -  By SANGEETHA MADHAVAN THE title Miss Very Wagner suggests a send-up of German composer Richard Wagner’s famously dramatic and heavy operas. However, the fact that local theatre company and champion of contemporary avant-garde theatre TheatreWorks had programmed this piece for their 25th-anniversary season indicated otherwise.
        395 words
      • Article, Illustration
        Lock icon A moving document of history
        420 30  -  By MELISSA QUEK ANYONE interested in Singapore’s development of the performing arts need look no further than Ong Keng Sen’s latest work: a lovingly-made documentary on the life of dance pioneer Goh Lay Kuan. Red Ballerina is just one of the productions put together by
        420 words
    • WINE
      • Article, Illustration
        Lock icon Chat with a wine legend
        872 31  -  The difference between wine tasting and wine drinking is paying attention, renowned wine expert Spurrier tells PARVATHI NAYAR PARVATHI NAYAR “UTTERfiction.”That’s what Steven Spurrier calls the 2008 film Bottle Shock that made him a household name at least, in homes where wine is savoured. The
        VIJAYAN P  -  872 words
      • Article
        Lock icon Blind tasting of Barolo 2004
        1071 31  -  By N K YONG 2004 is regarded as one of the greatest of recent vintages of Barolo, the king of Italian wines. The choice of this vintage of Barolo as the theme for the afternoon session of the Grand Jury Europeen’s blind tasting on April
        1,071 words
    • CINEMA/BOOKS
      • Article, Illustration
        Lock icon Superpowered by audacity
        644 32  -  Iron Man 2 works because it goes for broke, says CHRISTOPHER LIM SEQUELS often face such big expectations that it’s often safer to just do a reboot, as in the case of Star Trek. Iron Ma n 2 seemed to have the odds stacked against it because
        644 words
      • Article
        Lock icon A Singapore touch to Iron Man 2’s VFX
        342 32  -  By NATALIE KOH FANS who have been eagerly awaiting Iron Man 2 can expect to see more action and even better special effects than in the first film. Unknown to many, some of the visual effects (VFX) shots in the movie were
        342 words
      • Article, Illustration
        Lock icon Light touch yields lasting impact
        446 32  -  DVD REVIEW By CHRISTOPHER LIM SOMETIMES a pin can make a bigger impression than a hammer, and that’s certainly the case with The Visitor, which begins innocently enough. It’s about a middle-aged widower who accidentally meets a young Syrian immigrant who changes him irrevocably. The
        446 words
      • Article, Illustration
        Lock icon Vignettes of the ambitious Indian abroad
        535 32  -  Reviewed by ASAD LATIF IMAGINE being a teetotaller vegetarian at a gathering of Indian families on a typical expatriate evening. The children are playing, the women are discussing the children, and the men are talking either about democracy and cricket or about cricket and
        535 words
    • MUSIC
      • Article, Illustration
        Lock icon Breaking out of the box
        856 33  -  Guitarist Frank Gambale tells CHRISTOPHER LIM that he plans to leave fusion for a while CHRISTOPHER LIM THE danger of being famous for a particular technique on a musical instrument is people pigeon-holing the artist in that particular style. Guitarist Frank Gambale, 51, knows this
        856 words
      • Article, Illustration
        Lock icon Hitting the right notes
        659 33  -  CD REVIEW By CHRISTOPHER LIM THERE have been some strong indie jazz releases from Singapore in the last year, including keyboardist Jeremy Monteiro’s Organamix and saxophonist Greg Lyons’ Smoke Signals. Lyons joins drummer Darren Moore for the debut album from the Darren Moore Quintet, Isolation Has
        659 words
      • Article, Illustration
        Lock icon Reformed plucked stringed instruments
        983 33  -  CHINESE ORCHESTRA By SAMUEL WONG SHENGMIAO The writer is the artistic director of The Teng Company, a lecturer and the author of two books on Chinese music THE liuqin looks like a small pipa and is known for its highly penetrative sounds in the Chinese orchestra.
        983 words
      • Article, Illustration
        Lock icon First local video game music concert
        493 33  -  By CHRISTOPHER LIM THERE are few things that conjure memorable gaming moments as effectively as game music performed live with video footage projected on a screen. However, while Singapore has had international game music concert series tour here, such as Video Games Live and
        493 words
    • Article, Illustration
      Lock icon Finding niches in wine scene
      1752 34  -  While some prefer own events to build their brand, others go for wine festivals or even webcast tasting, reports CHRISTOPHER LIM CHRISTOPHER LIM MAJOR wine festivals like Wine For Asia have dominated the wine scene in Singapore, along with wine-centric festivals like the World Gourmet
      CHRISTOPHER LIM; FILE PHOTO  -  1,752 words
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