The Business Times, 29 May 2010

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Microfilm: NL30669
Total Pages: 43
1 20 The Business Times
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  • Title Section
    Lock icon Masthead
    12 1 weekend THE BUSINESS TIMES www.businesstimes.com.sg MAY 29-30, 2010 S$1.00 MICA (P) 124/08/2009
    12 words
  • Article, Illustration
    Lock icon Singapore a la carte
    1185 1  -  The world’s capitals are ready for South-east Asian cuisine, and Singapore’s enterprising restaurateurs are ready to oblige By Chan Yuping ypchan@sph.com.sg Olivia Ho oliviaho@sph.com.sg Singapore IN time to come, Londoners may not be batting an eyelid at nasi lemak or an Old Chang Kee curry puff
    FILE PHOTO  -  1,185 words
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      220 1 the business www.businesstimes.com.sg the raffles conversation RAFIDAH AZIZ, FORMER MALAYSIAN MINISTER 8-9 DINING New chillout spot L8-9 PERSPECTIVE The fable of Mah Kit 26-27 rumblings Pru in talks with AIG over terms IT is said to want to lower the price for its acquisition of the latter’s Asian unit from
      220 words
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  • TOP STORIES
    • Article
      Lock icon MARKETS
      143 2 Singapore market was closed yesterday. Thursday’s indices given below. STI 2,739.70 (+43.68) STI FUTURES 2,740 (+44) SIMSCI 324.96 (+5.23) SIMSCI FUTURES 325.90 (+5.90) STOCKS Friday Change KL COMP Closed NIKKEI 225 9,762.98 +123.26 HANG SENG 19,766.71 +335.34 SET Closed JAKARTA Closed MANILA 3,252.63 +96.10 KOSPI 1,622.78 +15.28 SHENZHEN B
      143 words
    • Article, Illustration
      Lock icon Pru in talks with AIG to change deal terms
      500 2 CEO said to be making case for cut in AIA price Bloomberg London IN A development that will be watched by Singapore investors, Prudential plc said yesterday it is talking with American International Group about changing the terms of its proposal
      Bloomberg; AFP  -  500 words
    • Article
      Lock icon DBS beefing up transaction services team
      528 2  -  By Conrad Tan conradt@sph.com.sg Singapore DBS Group plans to add 25-30 people to its transaction services business this year as part of expansion plans for the business across Asia. The move highlights the growth of such services in the region as companies seek to
      528 words
    • Article, Illustration
      Lock icon On a slow boat to the Monaco of the East
      896 4  -  After years, the effort to build berthing facilities for superyachts in Singapore is still very much up in the air By Vincent Wee vincewee@sph.com.sg Singapore IN Thailand all it took was just one comment by Bill Gates to set off
      FILE PHOTO  -  896 words
    • Article
      Lock icon Packing for a flight has become like preparing for war
      770 5  -  Curbs on baggage post-9/11 have changed airline rules and airport procedures a lot By Nisha Ramchandani nishar@sph.com.sg Singapore IN the movie Up In The Air, George Clooney plays corporate downsizer Ryan Bingham, who spends more time in airports and planes
      770 words
    • Article, Illustration
      Lock icon iPad-mania grips Australia, Japan amid gadget’s global launch
      328 5 AFP Tokyo THOUSANDS of excited and sleepdeprived gadget fans mobbed shops in Australia and Japan yesterday as Apple’s iPad, touted as a revolution in computer use and publishing, began its international launch. A queue some 200 metres long stretched round the block
      AFP  -  328 words
    • Article
      Lock icon If the shoe fits, buy it
      761 6  -  Amidst the freebies and shoe discounts, one journalist explores the boundaries of her profession saturday soapbox| By Joyce Hooi joyceh@sph.com.sg TODAY, a niggling question for PR people will be answered. What happens when a media invite dangling the promise of a 30 per cent
      761 words
    • Article, Illustration
      Lock icon Grab opportunities thrown up by the crisis
      885 7  -  Boston Consulting Group CEO steps back and paints a big picture for companies By Wong Wei Kong weikong@sph.com.sg Singapore TELL Hans-Paul Buerkner the joke about consultants borrowing your watch to tell you the time and he smiles. “They’ll pocket the watch, too,” he
      YEN MENG JIIN  -  885 words
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      125 2 CONTENTS NEWS Top Stories 2-7 Raffles Conversation 8-9 Week in Review 10 Companies 11-12 From The Desk Of 13 Singapore 14-15 Letter From Abroad 16 Corporate awards 18-21 World 22-23 Stocks Stats 25 Perspective 26-27 Wealth 28-29 Househunt 30 Real Estate 31 LIVING Design L2-6 Health L7 Dining L8-9 Travel
      125 words
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      90 3 PATEK PHILIPPE GENEVE A rare chance to look inside the world of a family-owned watch company. Patek Philippe requests the pleasure of your company at an exclusive exhibition of 250 rare and legendary timepieces from the Patek Philippe Museum Geneva, Grand Complications and the new 2010 collection. The St. Regis
      90 words
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      188 4 BEERFEST ASIA 2010 with OCBC TITANIUM 16-20 June Marina Promenade W The largest fbeer festival in Singapore i Brand Ambassadors Tribute to Rock! Live music nightly with Hell's Belles (USA), Killer Queen and The U2 Show Achtung Baby (Australia) Best-dressed Rock Star Awards VIP&WIP PACKAGES The outdoor Marina Promenade venue
      188 words
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      59 5 SINGAPORE —SWEEP— 1 ST PRIZE $2 SUPER SWEEP SNOWBALLED TO **S/A ,200,000 $500,000 $250,000 $1,050,000 2 nd PRIZE 3 rd PRIZE mm t 9 H <*OST Draw No. ll 06/2010 aaasasag rartday. 2 2 JUNE 2010 (WEDNESDAY) P [AY}) Always play with care. responsibly} Do not bet illegally. Towards Community
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      53 6 IV 7 SALE iVU! $119 Ubi 175 Ubi Avenue 4, Pan Malayan Warehouse Senoko 24 Senoko Drive Katong 183 East Coast Road •Thomson 101 Soo Chow Walk Open: 11.30am-8pm (Ubi, Katong, Thomson) Open: 10.30am-7pm (Senoko) Prices include GST. Cash Nets only. Delivery charges not included. We're open during sales period
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      126 7 "Enjoy fresh drinking water at homes offices." jr zj Fountain Sediment Removes large, un-dissolved particles ie: dust, sand, rust and all other harmful solid particles. < Pre-Carbon > Removes residual chlorine organic chemicals, as well as get rid of bad taste odours. 5 Ultra-fine Removes bacteria, clay particles, suspended metal
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  • THE RAFFLES CONVERSATION
    • Article, Illustration
      Lock icon Straight talker
      2314 8/9  -  Rafidah Aziz shares her experience of 21 years as Malaysia’s Trade Minister. By S Jayasankaran By S Jayasankaran btworld@sph.com.sg AFTER the bitterness of the 1987 party elections, the United Malays National Organisation (Umno) stood divided. Party president and premier Mahathir Mohamad had narrowly fought off a challenge from
      FILE PHOTO  -  2,314 words
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      70 8/9 The Raffles Conversation is brought to you through a special arrangement with Raffles Hotels Resorts. Raffles Hotels Resorts epitomizes enchanting experiences, embodying global sophistication and residential charm. Each is exclusive, intimate with a distinctive sense of place, imbued with heartfelt service that is intuitive and unobtrusive “like a gentle breeze”.
      70 words
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  • WEEK IN REVIEW/WEEK AHEAD
    • THIS WEEK | May 24-28, 2010
      • Article
        Lock icon Farewell to a founding father
        61 10 SINGAPORE has lost a remarkable and outstanding son with the death of Goh Keng Swee, Minister Mentor Lee Kuan Yew said. “Of all my cabinet colleagues, it was Goh Keng Swee who made the greatest difference to the outcome for Singapore,” Mr Lee said in
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      • Article
        Lock icon Hiring pace of 2007 back for private banks
        46 10 PRIVATE banks are hiring with a vengeance, with some headhunters saying the frenzy harks back to the heyday of 2007. But also being heard is an old complaint that expatriates are coming here to boss over the locals.
        46 words
      • Article
        Lock icon M’sia, S’pore see light at the end of rail tunnel
        70 10 MANY of the disputes that have dogged ties between Singapore and Malaysia over the past 20 years have stunningly been resolved. The relationship is entering a new phase in which travelling between here and Johor Baru will be a breeze
        70 words
      • Article
        Lock icon Temasek names Hsieh Fu Hua exec director and president
        73 10 SINGAPORE investment company Temasek Holdings has appointed former Singapore Exchange chief Hsieh Fu Hua as its executive director and president adding fuel to speculation that he could soon take over the top job. Mr Hsieh, 59, will take on the full-time
        73 words
      • Article
        Lock icon Property stocks firm despite land injection
        81 10 PROPERTY stocks defied market expectations and stayed flat on Monday, the first day of trading after the government said it will release a record supply of land for private homes in the second half of 2010. The FTSE ST real estate holding and development
        81 words
      • Article
        Lock icon Pru makes dull debut on a bleak day for markets
        58 10 PRUDENTIAL’S much-anticipated Asian trading debut on Tuesday turned out to be little more than a formidable yawn. Pru shares, weighed down by the general global market malaise and concerns over shareholder support for Pru’s takeover of AIA, closed at HK$57.20
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      • Article
        Lock icon KTM land parcels send out a tingle of excitement
        50 10 JUST a day after the prime ministers of Singapore and Malaysia announced that six land parcels here would be jointly redeveloped, the market was abuzz with the possibilities awaiting these prime plots which are estimated to be worth billions of dollars.
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      • Article, Illustration
        Lock icon SAYING GOODBYE
        14 10 MM Lee speaking at the state funeral of Dr Goh BERITA HARIAN
        BERITA HARIAN  -  14 words
      • Article
        Lock icon RSM Chio Lim, China firm form tie-up
        59 10 DRIVEN by expectations of an increase in cross-border transactions between Singapore and China, the biggest homegrown accounting firms in the two countries have formed an equal share joint venture here. The venture RSM China (Singapore) will draw on the resources of Beijing-head-quartered RSM
        59 words
      • Article
        Lock icon Suntec to go international with new business unit
        51 10 THE Suntec brand name is taking to the global stage thanks to the launch of a new business unit, Suntec International Convention and Exhibition Services, which will offer services such as venue management and consultancy to the international meetings, incentives, conventions exhibitions
        51 words
      • Article
        Lock icon SGX slams NEL, singles out its directors
        77 10 THE Singapore Exchange publicly reprimanded embattled NEL Group and its directors for dragging their feet on releasing a special auditors’ report to shareholders and asked all listed companies to consult the exchange before engaging any of NEL’s directors. SGX has also reported the
        77 words
      • Article
        Lock icon GIC explores listing of property assets
        48 10 THE Government of Singapore Investment Corp is exploring a listing in Singapore of some of its property assets through an initial public offer of shares that could raise up to US$1 billion, Reuters re- ported, citing sources with knowledge of the deal.
        48 words
    • NEXT WEEK | May 31-June 4
      • Article
        Lock icon US DATA
        43 10 June 1 April construction spending May ISM Index June 2 April pending home sales Crude inventories June 3 May ADP employment change Revised Q1 productivity Initial claims April factory orders May ISM services June 4 May non-farm payrolls May unemployment rate
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      • Article
        Lock icon EVENTS
        63 10 MAY 31 BOJ governor Masaaki Shirakawa delivers speech at Japan National Press Club Keynote speech by European Central Bank president Jean-Claude Trichet to a Bank of Korea conference via a recorded message ECB Financial Stability Report JUNE 1 Reserve Bank of Australia board meeting on interest rate JUNE 3
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  • Page 10 Miscellaneous
    • Miscellaneous
      Lock icon Page 10 Miscellaneous Column 1
      292 10 CRYPTIC CROSSWORD Across 1 Foundation is backing graduates (5) 4 Handy thing to take up or run (8) 8 It describes a man lacking spirit (8) 9 Bad advice he obtained (8) 11 Country boy holds map (7) 13 Always on the go, is Ivy! (9) 15 Lady-in-waiting? (9,6) 18
      292 words
    • Miscellaneous
      Lock icon Page 10 Miscellaneous Column 2
      10 10 SATURDAY with Ludwig ‘You’ve got more than a tan today...’
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  • COMPANIES
    • Article, Illustration
      Lock icon The diary of a rainmaker in China
      1090 11  -  Some practices of Chinese IPO aspirants are said to be comical, even disturbing, but IPO managers have now wised up By Jamie Lee leejamie@sph.com.sg Singapore WITH the shocking withdrawal of the New Century Shipbuilding initial public offering (IPO) and the recent corporate scandals
      1,090 words
    • Business briefing
      • Article
        Lock icon SIA Cargo disappointed by Korean move
        86 12 SINGAPORE Airlines Cargo yesterday said it is “very disappointed by the South Korean Fair TradeCommission’sdecision in the airfreight case” after the commission slapped a 2.4 billion won (S$2.8 million) fine on the national carrier’s cargo unit for “conspiracies on outbound shipments from Korea”. Sixteen
        86 words
      • Article
        Lock icon Sunray narrows loss to 7.4m yuan
        106 12 MEDICAL equipment company Sunray Holdings has again turned in a loss. It is 7.4 million yuan (S$1.5 million) in the red for the full-year ended March 31, although this is an improvement from theprevious year’s loss of 62 million yuan. Revenue rose 25.4 per
        106 words
      • Article
        Lock icon M&C chief to retire by year’s end
        55 12 MILLENNIUM Copthorne Hotels group CEO Richard Hartman, 64, will retire by the end of 2010, the group said in a Singapore Exchange announcement. He will remain on the board as a non-execu-tive director and as a senior adviser. The group has begun a
        55 words
    • Article
      Lock icon Full year ended March 2010
      666 12 NET PROFIT TURNOVER COMPANY CURRENT PREVIOUS CURRENT PREVIOUS S$M S$M CHANGE S$M S$M CHANGE 1 SingTel 3,907.30 3,448.40 13.3 16,870.90 14,934.40 13.0 2 SP Ausnet 267.94 188.33 42.3 1,709.68 1,499.17 14.0 3 SIA Engg 236.10 260.60 -9.4 1,006.40 1,045.30 -3.7 4 Ascendas REIT 234.89 210.92
      666 words
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      177 12 June Pulses out now! waw T*BUSN£SSTi*S PEOPLE RoxyPacific's Too Hong Lim and his bros: Covering all the bases TOP STORY HERE'S LOOKING AT THE ALTERNATIVE ASSETS COMPANIES Tiger Airways: Tne sky's the limit Lippo-Maptotrcc Indonesia Retail Trust: Bafga*i sJidpping in Indonesia Others: UOB. NoWe Group SGX, Mapletree Logistics PLUS on
      177 words
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  • FROM THE DESK OF
    • Article, Illustration
      Lock icon Innovation the key to maximising wind energy
      972 13 There is a need for inventive new solutions which consume less energy and resources, and that will be less impacting on the environment and be able to use renewable sources from the desk of THEdepletingsource of fossil fuels and the growing appetite of
      972 words
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  • SINGAPORE
    • Article, Illustration
      Lock icon CTC goes big on China expansion
      810 14  -  Keen competition and thinning margins at home is prompting CTC to diversify beyond the travel agent business By Chen Huifen xuifen@sph.com.sg HOMEGROWN travel agency Commonwealth Travel Service Corp (CTC) plans to go big in China, where it is on a hiring spree and moving
      810 words
    • Article
      Lock icon Claire Chiang joins moral capitalism group
      251 15  -  She is the first female vice-chairman of the Caux Round Table, which recognises the disparity between long-term value creation and the short-term pursuit of profits By Joyce Hooi joyceh@sph.com.sg BANYAN Tree’s Claire Chiang will lead the charge for sustainability in Asia at this year’s
      251 words
    • Article, Illustration
      Lock icon Wood, glue and paint are all ‘green’ in this furniture
      372 15  -  By Eileen Tay eiltay@sph.com.sg OFFICE Planner has developed a range of eco-friendly furniture after a year of concerted efforts by a team of five and an investment of $50,000. The Blade range uses green materials that are sourced in an
      372 words
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      27 15 www.radio913.com 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. s NOTICES
      27 words
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  • LETTER FROM ABROAD
    • Article, Illustration
      Lock icon Hollywood, basketball and more!
      929 16  -  letter from los angeles Yap Wee Kee Audit Senior at KPMG LLP, Los Angeles GO Trojan! Go Bruins! What have ancient Troy and a brown bear have to do with my secondment in Los Angeles? Los Angeles is a vibrant and passionate city. It is home
      929 words
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  • Page 17 Advertisements
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      Lock icon Page 17 Advertisements Column 1
      136 17 Seeking The Next Big Idea Sometimes, the best ideas are those that have been rejected or discarded initially. For the really big ideas that have found their way out of the bin and seen the light of day, now's the time to let them shine at the annual SPH Ink
      136 words
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  • SINGAPORE CORPORATE AWARDS
    • Article, Illustration
      Lock icon Leading lights in corporate Singapore
      729 18 THE real winners have emerged in a test of substance over form as the economy emerges from the global financial crisis. Giving recognition to the companies which based their businesses on good governance practices and overcame the odds are the Singapore Corporate Awards (SCA) 2010,
      PHOTOS BY ARTHUR LEE, JOHN HENG AND FUSHENG YAM  -  729 words
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  • WORLD
    • Article, Illustration
      Lock icon Cheonan sinking set to cast shadow over regional summit
      772 22  -  Despite the Korean crisis, the meeting is likely to result in decisions on economic cooperation among China, Japan and South Korea By Anthony Rowley btworld@sph.com.sg Tokyo HEIGHTENED tension on the Korean Peninsula over the sinking of a South Korean warship is
      REUTERS  -  772 words
    • Article
      Lock icon Link up
      582 22 This column was published in Thursday’s edition of Malaysia’s Chinese-language newspaper, Sin Chew Daily commentary| WHEN the first train drives into Johor Baru (JB) from Singapore in 2018, what does it mean? Link up! If Malaysia wants to link up with the world, she must first link up
      582 words
    • Article, Illustration
      Lock icon US, EU in broad agreement on stiffer rules
      613 23 But they will go separate ways on financial reform if needed, says Geithner NYT Berlin US Treasury Secretary Timothy Geithner said on Thursday that the United States and Europe were in “broad agreement” on the need for stricter market regulation but stressed
      NYT; AFP  -  613 words
    • Article
      Lock icon Japan’s April jobless rate up; CPI, household spending decline
      404 23 AP Tokyo JAPAN got a triple dose of sobering economic news yesterday as unemployment rose for the third straight month in April, prices kept sliding and household spending fell. The country’s jobless rate climbed to 5.1 per cent, hitting its highest
      AP  -  404 words
    • Article
      Lock icon Stanchart’s India share offer 1.3 times subscribed
      283 23 Bloomberg Mumbai STANDARD Chartered plc received orders for 1.3 times an estimated US$500 million in shares on offer in India as bidders responded to a new rule by committing funds on the final day of the sale. The London-based lender that makes at
      Bloomberg  -  283 words
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  • Page 24 Advertisements
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      903 24 D V- \ca/ INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED (Incorporated in The People's Republic of China) Head Office 55 Fuxingmennei Dajie, Xicheng District, Beijing, China Tel: 86-10-6610 6027, 6610 6026 Tlx: ***** ICBHOCN Fax: (10) 6610 6011 Singapore Branch 6 Raffles Quay #12-01, Singapore *****0 Tel: 6538 1066, Fax:
      903 words
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      731 24 «AT=i NOTICES I, Francis John Maclean Troup, British Citizen currently residing at Block 479, River Valley Road, #10-07, Valley Park, Singapore *****4, hereby give notice of my intention to marry Erni Ernawati an Indonesian Citizen in Batam Indonesia on the 14th July 2010. I hereby give notice that if anyone
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  • MARKETS
    • Article, Illustration
      Lock icon STOCK MARKETS
      101 25 YTD change: -5.45% 52-week high: 3,037.97 on April 15,2010 52-week low: 2,211.81 on June 23,2009 (Chart shows Thursday’s index closing. The Singapore market was closed yesterday) Source: Bloomberg YTD change: -9.63% 52-week high: 23,099.50 on Nov 18,2009 52-week low: 17,185.90 on July 13,2009 Source: Bloomberg YTD change:-18.96% 52-week
      Source: Bloomberg  -  101 words
    • Article
      Lock icon MORGAN STANLEY CAPITAL INT'L INDICES
      374 25 In local curr In S$ In US$ dy yr dy yr dy yr May 27 Index Change Change Change Change Change Change World Index Preliminary 799.4 2.4 -4.0 2.4 -7.5 2.5 -7.6 ‡EAFE Preliminary 734.8 2.4 -6.4 2.6 -13.9 2.7 -14.0 Europe Preliminary 1057.9 3.0
      374 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      154 25 May 27 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1723 1.1738 0.8355 0.8357 Canadian dollar 1.3286 1.3307 0.9469 0.9474 Euro 1.7229 1.7250 1.2279 1.2281 NZ dollar 0.9406 0.9422 0.6704 0.6708 Sterling pound 2.0323 2.0347 1.4484 1.4486
      154 words
    • Article
      Lock icon LIFFE
      81 25 May 27 COCOA (£/tonne) Close Prev High/Low Jul 10 2434 2432 2451/2418 Sep 10 2355 2344 2360/2325 Dec 10 2306 2302 2313/2281 Mar 11 2276 2262 2279/2247 COFFEE (US$/tonne) Close Pev High/Low May 10 1301 1290 1304/1290 Jul 10 1336 1334 1343/1333 Sep 10 1372 1370 1380/1368 Nov 10
      81 words
    • Article
      Lock icon PALM OIL
      66 25 May 27 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Jun 10 2535 2519 2535 2519 168 3876 Jul 10 2510 2500 2515 2485 1466 ***** Aug 10 2472 2457 2477 2447 7056 ***** Sep 10 2448 2429
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    • Article
      Lock icon CHICAGO BOT
      105 25 May 27 SOYBEANS (5,000 bu min; USc/60 lb bushels) Close Previous High/Low Jul 10 951.75 938.00 953.75 936.00 Aug 10 941.50 929.50 943.50 926.75 Sep 10 926.25 916.50 929.25 913.75 Nov 10 918.75 910.00 921.25 906.00 SOYBEAN/OIL (60,000 lbs; USc/lb) Close Previous High/Low Jul 10 38.18 37.85 38.52
      105 words
    • Article
      Lock icon OIL
      75 25 May 27 CRUDE US$/barrel (FOB origin) Close Change Brent blend (1-Mth F) 74.33 2.97 WTI (Near Mth) 74.52 3.12 Dubai (1-Mth F) 71.86 1.75 Tapis blend 77.95 1.80 Minas 77.30 1.80 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 69.44 1.39 Jet Kerosene 82.80 1.70 US$/barrel Opec Oil Basket Price
      75 words
    • Article
      Lock icon LONDON METALS
      71 25 May 27 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2034.50 1983.00 3 months 2065.00 2014.50 Copper, Grade A (US$/tonne) Cash 6955.00 6748.25 3 months 6984.00 6779.00 Lead (US$/tonne) Cash 1816.75 1723.50 3 months 1844.00 1753.00 Nickel (US$/tonne) Close Previous Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne)
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    • Article
      Lock icon METALS
      66 25 May 28 GOLD (US$/oz) May 27 May 28 Hong Kong 1212.*****4.50 May 26 May 27 London 1213.*****4.75 1214.*****5.50 Source: Thomson Reuters SILVER Selling Buying Passbook 1 oz 25.65 25.42 Source: UOB PLATINUM Lon (US$/oz) May 27 Close Previous PM Fix 1535.*****3.00 AM Fix 1547.*****0.00 Source: Thomson Reuters PLATINUM NYMEX
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  • PERSPECTIVE
    • Article, Illustration
      Lock icon The fable of Mah Kit
      971 26 / 27  -  This is the story of a religion worshipped in schools of liberal economics and on trading floors. And of how its supplicants become wise after a nightmare that sees lives ruined and fortunes lost. By Anthony Rowley By Anthony Rowley btworld@sph.com.sg THERE was once a
      AP  -  971 words
    • Article
      Lock icon Europe is muddling through and US isn’t helping much
      816 26 / 27  -  By Robert J Samuelson The Washington Post Writers Group THE European Union’s decision to rescue Greece and to create a massive financial safety net for its other vulnerable debtors is a momentous event though success is hardly guaranteed. Contrary to popular
      The Washington Post Writers Group  -  816 words
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  • Wealth
    • WEALTH INVESTING
      • Article, Illustration
        Lock icon Future planning
        1433 28 / 29  -  When buying a car, upgrading the family residence and providing for retirement or your children’s quality education, there are limitations and trade-offs to consider Roy Varghese Director, financial planning practice, ipac Singapore The writer is Foundation Adviser at ipac Singapore. These views expressed are his own and not
        Source: Roy Varghese; REUTERS  -  1,433 words
      • BROKERS' TAKE
        • Article
          Lock icon Genting Singapore
          379 28 / 29 Buy OCBC Investment Research May 27 Close: S$1.02 Genting Singapore (GS) which recently posted a much stronger-than-expect-ed set of Q1 2010 results should continue to do well, buoyed by the strong influx of tourists into Singapore. According to the Singapore Tourism Board (STB), tourist arrivals jumped 20.4 per
          379 words
        • Article
          Lock icon Goodpack Limited
          396 28 / 29  -  Outperform CIMB-GK Research May 27 Close: S$1.46 Compiled by Conrad Tan We initiate coverage on Goodpack with a target price of S$1.89, based on 19x calendar year (CY) 2011 PE, its five-year forward average. Goodpack is trading at 12.8x CY2011 PE. Over the past five years, it had
          396 words
    • WEALTH REAL ESTATE
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      26 32 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
      26 words
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  • Page 1 Advertisements
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      55 1 BT THE BUSINESS TIMES WEEKEND MAY 29-30 2010 LUXE IN THE CITY Urban living in Hong Kong L2-3 HEALTH The eyes have it L7 PERSONAL SPACE Niche living redefined L4-5 SHOPPING Get set, go L12-13 TRAVEL Old-world charm L10-11 DINING In the house L8-9 PHOTO: DANIEL SORABJI F1 WATCH Another
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  • BT Living
    • DESIGN
      • Article, Illustration
        Lock icon Luxe and the city
        1305 2 / 3  -  TwoTwoSix, a bijou development in the heart of Sheung Wan, is creating a buzz ahead of its launch. By Daven Wu By Daven Wu www.twotwosix.com.hk btnews@sph.com.sg WHEN the writer Han Suyin first arrived in Hong Kong in 1949,shefoundacityin metamorphosis.“Never hasacity torn and built itself with such
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        Lock icon Niche living defined
        1239 4 / 5  -  Gary Chang has taken the concept of using small spaces creatively to brave new extremes. By Geoffrey Eu personal space By Geoffrey Eu btnews@sph.com.sg HOW many rooms can you squeeze into a 355-square-foot home? The answer, believe it or not, is more than a thousand but only
        PHOTOS: GEOFFREY EU, EDGE DESIGN INSTITUTE  -  1,239 words
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        Lock icon Lofty ambitions
        1004 6  -  Italian designer Piero Lissoni takes hotel design to a new level with the loft-concept Studio M. By Lim Sio Hui By Lim Sio Hui btnews@sph. com.sg DON’T get it wrong: despite the dramatic five-metre high chandelier setting the sculptural recep-tion-pod aglow and a lobby chock-full of distinguished made-in-Italy
        PHOTOS: STUDIO M HOTEL, LISSONI ASSOCIATI  -  1,004 words
    • HEALTH
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        Lock icon The eyes have it
        776 7  -  Ciba Vision has been able to open up a whole new market of lens wearers with its multifocal lenses. By Cheah Ui-Hoon By Cheah Ui-Hoon uihoon@sph.com.sg WITH the rising popularity of Lasik in the past few years, one would think that this would impact the contact
        PHOTOS: STOCK.XCHNG  -  776 words
    • DINING
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        Lock icon IN THE HOUSE
        1217 8 / 9  -  Customs House is taking shape as a promising new chillout spot for urban dwellers in the financial district. By Jaime Ee By Jaime Ee jaime@sph.com.sg THE Singapore waterfront is turning out to be a little like Forrest Gump’s box of chocolates you never know what conservation building
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    • TRAVEL
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        Lock icon Old-world charm
        1412 10 / 11  -  Vienna’s rich heritage is proudly protected, giving the city a distinct character. By Maisy Koh By Maisy Koh btnews@sph.com.sg EVEN before leaving for the airport, plans for a return trip have already begun. This medieval, cultural city is decked with modern luxuries and operated on legendary efficiency. Unlike
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    • SHOPPING
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        Lock icon GET SET, GO
        708 12 / 13  -  With the Great Singapore Sale underway, shopaholics who believe the old adage that ‘the early bird catches the worm’ should be prepared to shove other early birds out of the way. There’s discounts aplenty to be had, but some of the best buys this season only come
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      • Article
        Lock icon wine & dine with BTWeekend
        1085 12 / 13 wine dine with BTWeekend Triple Three Level 5 Mandarin Orchard Singapore 333 Orchard Road ?6831-6288 Triple Three is back. Named for the address of the hotel 333 Orchard Road it features a new Japanese-inspired international buffet spread, helmed by Japanese Executive Chef Shigeru Akashi. Embark on a culinary adventure with
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    • GADGETS
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        Lock icon ANDROID ONSLAUGHT
        987 14 / 15  -  Two compelling new Google-powered phones take on the latest from Vertu and LG. By Christopher Lim By Christopher Lim limchris@sph.com.sg APPLE is widely expected to announce the next iPhone model in little over a week, and everyone else is intent on making sure that by the time that
        987 words
    • SINGAPORE ARTS FESTIVAL
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        Lock icon From a different perspective
        644 14 / 15  -  Where dance is fleeting and temporary, dance films capture the moment to be experienced over and over again. By Melissa Quek By Melissa Quek DANCE film is known by a variety of names, “video dance”, “screen dance” or “dance for camera” but it isallabout onething –communicating
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        Lock icon Homage to an icon
        640 14 / 15  -  By Melissa Quek btnews@sph.com.sg VASLAV Nijinsky (1890-1953) was the darling of The Ballet Russes, adored by Europe and the United States in the early 20th Century for his intense performances and sky-high jumps. Although Nijinsky only choreographed for a short while, he both shocked and inspired
        640 words
    • SPORT
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        Lock icon More than just a football tournament
        819 16  -  no holds barred| Lee U-Wen leeuwen@sph.com.sg Acting Deputy Foreign Editor IN JUST 13 days’ time, most of the world will come to a standstill for an entire month. Bosses will start seeing bleary-eyed employees stumbling into the office. Living rooms, kopitiams and pubs will
        REUTERS  -  819 words
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        Lock icon How long can Federer go on?
        658 16  -  grand slam with andrew leci Andrew Leci AN ASPIRING tennis professional once explained to me what he considered to be the difference between a “good” player and a “great” player.“A goodplayer wouldsay tohimselfbefore playing an important point: ‘I must not lose this point’, while
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    • GOLF
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        Lock icon Holiday courses
        1229 17  -  This June, head for regional courses which are either new or are family favourites which have been recently tweaked. By Justine Moss By Justine Moss btnews@sph.com.sg THE month-long June school holidays are upon us once more, so it’s the perfect time to pack the family and the golf
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    • MOTORING
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        Lock icon IT ALL ADDS UP
        424 18  -  The Mazda8 multi-purpose vehicle’s biggest appeal is that virtually all of its features are factory-fitted. By Samuel Ee By Samuel Ee TURN the keyless ignition, stare deep into the pair of blue 3-D meters and you might just understand the very subtle appeal of the Mazda8.
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        Lock icon How the competition stacks up
        168 18  -  By Samuel Ee samuelee@sph.com.sg THE Mazda8 has several direct competitors in the mid-sized Japanese MPV segment. ??The Toyota Previa is more van-like than the Mazda8 and taller. But because the Previa’s floor is lower and roof higher, the Toyota has a much more spacious interior.
        168 words
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        Lock icon DIESEL TO DIE FOR
        627 19  -  Jaguar’s XF Diesel S looks and sounds like an XF but it drives like an XF on steroids. By Samuel Ee By Samuel Ee samuelee@sph.com.sg IT HAS sleek styling and an ultra-cool cabin but the en-try-level Jaguar XF doesn’t really engage the driver muchlikeLady Gagadoesn’treallywearclothes. Not
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