The Business Times, 1 April 2011

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Microfilm: NL31312
Total Pages: 34
1 34 The Business Times
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  • Title Section
    Lock icon Masthead
    23 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|il A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 138/08/2010 Friday, April 1,2011
    23 words
  • Article
    Lock icon Airlines milk a new ticket to revenues
    709 1  -  Ancillary revenues take load off budget carriers Reports by VEN SREENIVASAN [SINGAPORE] Volatile fuel costs and rising operating costs are forcing airlines to focus more on ancillary revenue streams. And nowhere is this more evident than in the low-cost carrier (LCC) segment. The
    709 words
  • Article
    Lock icon MARKETS DIGEST
    145 1 G ST INDEX 3,105.85 (+10.53) H ST INDEX FUTURES 3,090 (-5) G SIMSCI 368.45 (+1.29) H SIMSCI FUTURES 366.90 (-0.50) FOREX US$ S$ US$ (S$ per US$) 1.260 (US$/S$ per 1.614 2.033 EURO (US$/S$/E) 1.418 1.787 Foreign currency per US$ S$ YEN 82.80 65.70 RM 3.026 2.401 HK$
    145 words
  • Article
    Lock icon Qantas shows the way for full-service carriers
    167 1 [SINGAPORE] While budget carriers have been most aggressive in tapping non-tick-eting revenue sources, full-service legacy carriers are not sitting back. One area they are capitalising on big time is frequent flyer miles. In recent years, the sale of frequent flyer miles to credit
    167 words
  • Article
    Lock icon Of growth, uncertainty and the S’pore voter
    891 1  -  By ANNA TEO [SINGAPORE] Well before Bill Clinton’s campaign strategist James Carville coined the slogan “It’s the economy, stupid” during his 1992 successful bid for the White House, number crunchers and political economists have long shown that the economic climate in the months
    891 words
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      157 1 GENERAL ELECTION Ho Peng Kee to retire from politics PAGE 2 OPINION Urgency of alternate fuels PAGE 23 PROPERTY Sales at auctions down in Q1 PAGE 10 CD REVIEW Laura Fygi belts out big band hits PAGE 32 ScreenSingapore THE CANNES OF THE EAST PAGE 29 EXECUTIVE LIFESTYLE *****1 *****4
      157 words
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  • TOP STORIES
    • Article
      Lock icon THREE-MINUTE DIGEST
      451 2 Airlines milk a new ticket to revenues VOLATILE fuel costs and rising operating costs are forcing airlines to focus more on ancillary revenue streams. And nowhere is this more evident than in the low-cost carrier segment. While full service carriers can pass on some of this rising fuel
      451 words
    • Article, Illustration
      Lock icon Ho Peng Kee to retire from politics
      565 2  -  By LEE U-WEN [SINGAPORE] Senior Minister of State for Law and Home Affairs Ho Peng Kee, 56, will retire from politics at the end of this term. He will not be contesting the upcoming elections, he said in a statement to the media
      FILE PHOTO  -  565 words
    • Article
      Lock icon Q1 equity fund-raising by S’pore firms down 53%
      739 2  -  Slowest start for the market on record yields proceeds of just US$612m By LYNETTE KHOO [SINGAPORE] A slump in the stock markets has put a dampener on equity fund-raising among Singapore companies. Latest data from Thomson Reuters shows a 53 per cent
      739 words
    • Article
      Lock icon Pay reform for senior managers at DBS
      625 2  -  Bank to defer part of pay, attach clawback conditions By SIOW LI SEN [SINGAPORE] DBS Bank has become the first local bank to adopt pay reform for its senior managers and will defer more than half of the pay over four years subject
      625 words
    • Article
      Lock icon Irish stress tests: 4 banks told to raise 24b euros
      522 2 AP Bloomberg Reuters [DUBLIN] Irish regulators instructed four banks to raise 24 billion euros (S$42.7 billion) in additional capital following stress tests on the nation’s lenders. Allied Irish Banks, the biggest lender during the decade-long economic boom, requires 13.3 billion
      AP; Bloomberg; Reuters  -  522 words
    • Article
      Lock icon Jakarta seeking to switch piped gas to S’pore with LNG
      627 4  -  It wants to redeploy the gas to Java which is having sourcing difficulties By RONNIE LIM [SINGAPORE] Indonesia wants to replace its contracted piped Sumatra gas supplies to Singapore with LNG from East Kalimantan or Papua. This is so Sumatra
      627 words
    • Article
      Lock icon Bank lending up 1.6% in Feb
      464 4  -  By CONRAD TAN [SINGAPORE] Bank lending rose 1.6 per cent in February to $334.1 billion, as business loans continued to expand rapidly even as consumer home loans grew more slowly. Compared to a year earlier, the total amount of Singapore-dollar bank loans outstanding at
      464 words
    • Article, Illustration
      Lock icon Singh is the real winner as India beat Pakistan
      531 4 Cricket diplomacy helps him wrest political initiative Reuters [NEW DELHI] Indian Prime Minister Manmohan Singh may have regained the political initiative after his successful “cricket diplomacy” with Pakistan overshadowed, for now, a string of corruption scandals that have paralysed his sec-ond-term
      Reuters; AP  -  531 words
    • Article
      Lock icon Libya’s foreign minister defects, reaches London
      560 4 Mussa Kussa’s departure is a major blow for Gaddafi AFP Reuters [LONDON] Libyan leader Muammar Gaddafi suffered a major blow with the defection of his Foreign Minister Mussa Kussa who is now in London. Mr Kussa is the most senior figure to defect since
      AFP; Reuters  -  560 words
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      54 2 Ultra-Luxe Music System Designed by Ong Radio l_ Live the Ultimate. Ultra-Luxe Music Systems I Elite Private Theatres Intelligent Home Controls I Lifestyle Theatre Systems Multizone Music Movie Systems ONG RADIO Est 1937 176 Orchard Road, The Centerpoint #03-41 Tel *****138 I www.ongradio.com Mcintosh Theta ADA Sonance Niveus Opera SIM2
      54 words
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      348 3 iEcti j i K? A s *>■ I' "3 J /l mm ;.w;.' •••''?> v .v™ m,,,itT pa SJS.-' -is; tk>| i,| k» --•Si. -V wppy®' aj .<* FREEHOLD cape j II m 5= fm ss m i Wfr in S: 8ii I'ltii a i iw.'if y Kl': F Ik
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      1212 4 :*ATci NOTICES NOTICE OF ANNUAL GENERAL MEETING LIPPO-MAPLETREE INDONESIA RETAIL TRUST MANAGEMENT LTD. (Company Registration Number: *****7703M) (as the Manager of Lippo-Mapletree Indonesia Retail Trust) NOTICE IS HEREBY GIVEN that the Second Annual General Meeting of the Unitholders of Lippo-Mapletree Indonesia Retail Trust (“LMIR Trust” and unitholders of LMIR Trust,
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  • COMPANY NEWS
    • Article
      Lock icon S’pore market cap stays firm in Q1
      844 5  -  It reverses a two-month consecutive decline to stand at $834.9b By LYNN KAN THE Singapore market braved 2011’s first quarter, which was riddled with the unrest in the Middle East and North Africa (MENA) and the earthquake and tsunami in Japan, with total
      844 words
    • Article
      Lock icon Market surveillance: Tighter rules and penalties needed
      836 5  -  HOCK LOCK SIEW By R SIVANITHY WHEN a stock moves in an unusual manner, eyebrows are raised and observers wonder if the Singapore Exchange (SGX) is taking a closer look because it implies the possible leak of price-sensitive information. When the Straits Times
      836 words
    • Article
      Lock icon A-Reit buys $125.6m asset, unveils placement
      510 7  -  The property consists of two 7-storey buildings at Biomedical Grove By EMILYN YAP ASCENDAS Real Estate Investment Trust (A-Reit) is buying a property at Biopolis for $125.6 million, and is raising some $400 million through a private placement to fund the deal and other
      510 words
    • Article, Illustration
      Lock icon Mitsubishi Estate to take stake in CapLand project
      420 7  -  By KALPANA RASHIWALA CAPITALAND has roped in a unit of Japan’s Mitsubishi Estate Co as 25 per cent partner for a condo development on a plum site in Bishan that it clinched in February at a record land price. The Singapore-listed property
      420 words
    • Article
      Lock icon Keppel T&T to sell 35% stake in Annto to Midea
      307 7  -  By LYNN KAN KEPPEL Telecommunications Transportation (Keppel T&T) has agreed to sell its 35 per cent stake in Wuhu Annto Logistics to Midea for after-tax proceeds of $52.6 million. Annto’s book value was $31.9 million as at Dec 31, 2010,
      307 words
    • Article
      Lock icon 2 S’pore officials to be seconded to Tianjin Eco-City project
      318 7  -  By LYNETTE KHOO REFLECTING strong support for the Tianjin Eco-City project, the Singapore government will be seconding two senior officials to Sino-Singapore Tianjin Eco-City Investment and Development Co Ltd (SSTEC). Both are part of the “Suzhou Alumni”, having had extensive
      318 words
    • Article
      Lock icon SingTel buys into start-up Bubble Motion
      331 8  -  Its venture capital unit Innov8 is largest investor in the firm’s fund-raising exercise By WINSTON CHAI SINGAPORE Telecommunications (SingTel) has scored a hat-trick of startup investments in the first quarter with its latest buy-in of Singapore-based start-up Bubble Motion. According to a statement released
      331 words
    • Article, Illustration
      Lock icon Low KH posts record profit, eyes more mass-market sites
      489 8  -  By UMA SHANKARI CONSTRUCTION and property group Low Keng Huat (Singapore) wants to buy more mass market residential sites as it looks to build up its property development business, managing director Low Keng Boon said yesterday. The company in November 2010
      489 words
    • Article
      Lock icon Ocean plans exit offer in mandatory delisting
      417 8  -  By FELDA CHAY OCEAN International Holdings has begun its mandatory delisting process, with the controlling shareholder proposing to make an exit offer of two cents a share to minority shareholders. The move comes more than two years after the Singapore Exchange placed the
      417 words
    • COMPANY BRIEFS
      • Article
        Lock icon Otto Marine wins US$43.4m order
        78 8 OTTO Marine said its subsidiary Otto Offshore has secured an order to sell two 8,000 bhp anchor handling tugs and offshore supply (AHTS) vessels worth US$43.4 million to a third party. The vessels are under construction and the group expects them to be completed by
        78 words
      • Article
        Lock icon Healthway proposes 1-for-8 rights issue
        79 8 HEALTHWAY Medical Corporation yesterday proposed a one-for-eight non-underwritten rights issue of up to 230.6 million shares at an issue price of 7.5 cents apiece. Assuming that the rights issue is fully subscribed, the group will record estimated net proceeds of $17.05 million. Healthway will use
        79 words
    • Article
      Lock icon Quotation of taxable book-entry Singapore Government Bonds (March 31,2011)
      267 8 CLOSING PRICES* (EXCLUDING ACCRUED INTEREST) GROSS REDEMPTION YIELD p.a.) NUMBER OF DAYS OF ACCRUED INTEREST INTEREST PAYMENT DATES AMOUNT ($m) COUPON RATE p.a.) YEAR RAISED ISIN CODE MATURITY DATE 01.07.2011 NX*****H 2001 3 5/8 6800.00 1/1 1/7 89 100.81 0.43 SG**********
      267 words
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      34 5 A. ('< <rv h 'V ■-CJKKS s i -.I KS mk 'W I-S5 >.-••' V«SW5» TFI V •V 5 ••>:,.••. T >•-' 5; <■ '•C 4 X-,-' > PcXaa5L SvwJtl^. 02-24 HILTON HOTEL, SINGAPORE LEVEL 2 ISETAN ORCHARD, SINGAPORE WWW.PAULSMITH.CO.UK
      34 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Last-minute push on banks lifts STI
      587 6  -  Index ends first quarter above 3,100, and trims loss for the quarter to 2.7 per cent STOCKS R SIVANITHY Senior Correspondent NOTunexpectedly,trading picked up yesterday on the final day of the first quarter as players jostled for position in order to try and profit
      Source: Bloomberg  -  587 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 6 DAILY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      66 6 Mar 31 VALUE CLOSE BT OB/OS 1050.00 +197.0 BT CADI -*****.00 -29.0 BT 10-day MA -*****.00 +105.0 FTSE ST Mid Cap 766.11 -0.66 FTSE ST Small Cap 546.87 -2.70 FTSE ST All Share 765.46 +1.65 FTSE ST China Top 277.76 +0.62 FTSE ST China 308.22 -0.71 FTSE
      66 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 6 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 6 7 3 0 0 0 6 7 3 Manufacturing 55 58 58 6 3 12 61 61 70 Commerce 22 16 23 4 3 2 26 19 25 Tpt/Stor/Comms 14 15 12
      186 words
    • BROKERS’ TAKE
      • Article, Illustration
        Lock icon Biosensors International
        316 6 March 31 close: S$1.18 DBS Group Research, March 31 WE BELIEVE that Japan approvals for Biosensors’ stent, BioMatrix, should be granted within the next 12 months. This should present a catalyst for the counter in the near term. We observed that historically, for past coronary stents, the time
        Source: Bloomberg  -  316 words
      • Article, Illustration
        Lock icon Rotary Engineering
        293 6  -  Compiled by LYNN KAN March 31 close: S$0.95 CIMB Research, March 31 DESPITE negative sentiment from the recent Middle East-North Africa turmoil, we remind investors not to overlook Rotary’s impending golden years of 2011 to 2012. Our order outlook is intact and we believe the market may have
        Source: Bloomberg  -  293 words
      • Article
        Lock icon Glossary:
        138 6 CY calendar year Ebit earnings before interest and tax Ebitda earnings before interest, tax, depreciation and amortisation EPS earnings per share FY fiscal/financial year H1, H2 first or second half m-o-m month on month NAV net asset value 9M nine months P/B price/book value (ratio) PE price/earnings (ratio) Q1,
        138 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      121 6 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 30,131 30,131 160,808 160,808 Manufacturing 265,051 20,754 285,805 267,019 2,576 269,596 Commerce 80,960 1,749 82,709 125,929 350 126,279 Tpt/Stor/Comms 609,546 925 610,471 855,304 166 855,470 Finance 47,028 47,028 378,695 378,695 Construction 11,802 2,535 14,337 4,355
      121 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      113 6 Stock name Close Change CapMallsAsia 1.780 +0.020 CapitaLand 3.300 +0.030 CapitaMall 1.880 -0.030 CityDev 11.520 +0.100 ComfortDelGro 1.560 -0.020 DBS Grp 14.640 +0.120 F&N 6.010 +0.080 GLP 1.870 -0.030 Genting SP 2.050 -0.020 Golden Agri 0.690 -0.005 HK Land 7.000 -0.080 JMH 44.540 +0.660 JSH 26.700
      113 words
    • Article, Illustration
      Lock icon Korea won soars; S$ hits new high vs US$
      476 6 CURRENCIES Reuters [SINGAPORE] The South Korean won rose to a 2-1/2-year high yesterday, leading other emerging Asian currencies higher, on the back of sustained inflows into the Seoul stock market which will probably spell further gains for the won in the
      Reuters; BLOOMBERG  -  476 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      58 6 VOLUME HPH Trust US$ 459,055,000 Infinio 78,732,000 Golden Agri 73,069,000 Genting SP 59,616,000 SingTel 46,835,000 Bio-Treat 34,630,000 Spice i2i 27,480,000 CapitaLand 24,856,000 Dyna-Mac 21,694,000 GLP 21,661,000 VALUE($) HPH Trust US$ 571,817,138 SingTel 141,200,980 DBS Grp 124,968,648 Genting SP 123,126,540 Keppel Corp 107,686,970 UOB 103,078,020 OCBC Bk 100,960,510
      58 words
    • Article
      Lock icon RISES
      110 6 BY CENTS CLOSE UP GLD 10US$ ***** 113.4 0.6 DBXT MSAsExJp 10US$ 3376 89.5 2.1 JMH 4454 83.2 1.5 Lyxor EmergingMkts 1 1165 81.9 5.9 DBXT MSKorea 10US$ 6242 68.0 0.9 DBXT Nifty 10US$ ***** 65.5 0.4 DBS.ES.1103 1454 44.0 3.1 OCBC Bk 5.1%NCPS 100 ***** 42.0 0.4 SIA.ES.1103
      110 words
    • Article
      Lock icon FALLS
      117 6 BY CENTS CLOSE DOWN DBXT FTVietnam 10US$ 3205 -13.9 -0.3 DBXT S&P Short 10US$ 4231 -12.6 -0.2 HK Land 700 -10.1 -1.1 Spore Land 697 -7.0 -1.0 HL Asia 281 -5.0 -1.7 SATS 251 -5.0 -2.0 UOL 475 -5.0 -1.0 ARA 176 -4.0 -2.2 MSC 100 165 -4.0 -2.4
      117 words
    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 6 DAILY
      5 words
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      208 7 ZS* YUSEN M^AummsiCS YUSEN Air Sea Service (S) Pte Ltd LOGISTICS &MEGACARRIER NYK Logistics (Asia) Pte Ltd »rt incr- A Hello-! XV es' re/ Yuten/ Lo^CHXc^. «v S Hello Kami Logistik 7imn, OTiYusen Logistics Yusen Logistics www.sg.yusen-logistics.com user 1 Lojiilits YM4695D Ir-w y s Yusen Logistics CHARTING A NEW DIRECTION
      208 words
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      262 8 f .#III WINE DINE AND HOSPITALITY It DESTINATION WILLOW STREAM Escape your fast-forward, hectic world and bring yourself to a quieter place to recover so you can dive into life again re-energized. April and May 2011 is Spa Season at Willow Stream Spa. Join the Spa'rty come in groups of
      262 words
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      1621 9 ADVERTORIAL .7 ij J A m j m I «:s /::s Er 9 G r Do you associate the Qing Ming Festival with sweat and tears, where the sun beats down and smoke gets in your eyes? Wouldn't it be better if you could pay your respects to your ancestors
      1,621 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Property sales at auctions fall in Q1
      417 10  -  $27.9m worth of deals lowest sales value garnered since Q1 2009 By UMA SHANKARI THE Singapore property auction market registered a significant drop in total sales value and number of transactions in Q1 2011 chalking up a total of 17 transactions worth only
      Source: Colliers International Research & Advisory  -  417 words
    • Article, Illustration
      Lock icon Orchard-suburban retail rental gap narrows further
      422 10  -  By KALPANA RASHIWALA THE rental gap between prime Orchard Road and prime suburban retail space narrowed further in the first quarter this year as suburban rents were unchanged while Orchard Road rents dipped marginally from the preceding quarter. As a result, the gap now
      Source: CBRE Research  -  422 words
    • Article
      Lock icon Yale-NUS College to start accepting applications next year
      401 10  -  By TEH SHI NING SINGAPORE’S first liberal arts college, the Yale-NUS College, will start taking in applications next year for its first batch of 150 places in 2013. Announcing details yesterday, the National University of Singapore (NUS) and Yale University said that
      401 words
    • Article
      Lock icon Singapore’s first National Equestrian Park opens
      249 10 5.8 ha park will house over 250 horses and ponies EQUESTRIAN sports are set to get a leg-up in Singapore after the nation’s first National Equestrian Park was opened yesterday by President S R Nathan. The 5.8 ha park which will be home of
      249 words
    • Article
      Lock icon Insurance research centre at NTU
      285 10 Funded by reinsurer SCOR, it will focus on Asia-Pac issues GLOBAL reinsurance company SCOR has established a research centre at Nanyang Technological University (NTU) to conduct applied research in insurance risk and related issues specific to the Asia-Pacific. A memorandum of understanding to set up
      285 words
    • Article
      Lock icon Strong products key to branding: Lee Yi Shyan
      464 10  -  Continual enhancing needed for designs, production methods By CHEN HUIFEN HAVING strong products or services are necessary attributes to building strong brands, said Minister of State for Trade and Industry Lee Yi Shyan, as he encouraged companies at a conference here to
      464 words
    • Article, Illustration
      Lock icon GIA hoping to turn corner in motor insurance
      290 10 THE motor insurance business has been in the red since 2007, but the General Insurance Association of Singapore (GIA) hopes to change this. Derek Teo, who was re-elected for a seventh term as president, said: “We are clearly not out of the
      290 words
    • Article
      Lock icon Social enterprise here gets boost from SIF’s Thai tie-up
      232 10  -  Annual study visit, community development project on the agenda By HOON YI SHYUAN BUDDING social entrepreneurs who want to make a difference in developing communities will now have a better chance of doing so. Yesterday, the inaugural “Ideas for a Better
      232 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon Productivity to blame for US job woes?
      641 11 Despite fewer workers, companies are now producing and profiting more AP [WASHINGTON] The United States is out of step with the rest of the world’s richest industrialised nations: Its economy is growing faster than theirs but creating far fewer jobs. The reason is
      AP  -  641 words
    • Article
      Lock icon Vacant Bank of Korea seat creates obstacles
      355 11 It raises the risk of policy deadlock as officials struggle to tame inflation Bloomberg [SEOUL] The longest vacancy on the Bank of Korea’s monetary board since 1998 raises the risk of policy deadlock as officials struggle to tame inflation while maintaining growth. The
      Bloomberg  -  355 words
    • Article
      Lock icon NZ business confidence slumps the most since Oct 2008
      223 11 Bloomberg [WELLINGTON] New Zealand business confidence slumped in March by the most since the onset of the global financial crisis in 2008 after a magnitude 6.3 earthquake that wrecked buildings in Christchurch city in February. A net 14.7 per cent of
      Bloomberg  -  223 words
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      237 11 THE HIGHEST BUILDING ON THE NORTH SHORE STAGE 1 SOLD OUT IN JUST 2 DAYS SYDNEY HONG KONG SINGAPORE SKY-HIGH VIEWS Close proximity to Sydney’s best schools, universities and recreational facilities. Selling off the plan no stamp duty for purchases under AUD$600K. FIRB approval for foreign buyers. Strong rental demand.
      237 words
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      5505 12 MATS BUY IT• SELL IT• FIND IT NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg ADROIT (Resolution 7) ADROIT INNOVATIONS LIMITED (Incorporated in the Republic of Singapore) Company Registration No. *****2554G NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Eighteenth Annual General Meeting of the Company will be held
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      611 12 IN THE MATTER OF FOUNDATION ASIANA REGIONAL PTE LTD (“In Liquidation”) (Co. Reg. No: *****6136G) (“the Company”) AND IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND THE COMPANIES (Winding Up) RULES (Under the Order for Winding Up of the Company in CWU 367/2000) NOTICE OF LIQUIDATOR TO CREDITORS
      611 words
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      1621 13 MATS BUY IT• SELL IT• FIND IT NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg RIVERSTONE HOLDINGS LIMITED (*****0666-D) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at M Hotel, 81 Anson Road, Singapore *****8, on Monday, 25 April 2011
      1,621 words
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      2009 13 TRANSPAC INDUSTRIAL HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Unique Entity No: *****0941K) NOTICE OF SEVENTEENTH ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Seventeenth Annual General Meeting of Transpac Industrial Holdings Limited (the “Company”) will be held at Concorde 1, 3 rd Level Concorde Hotel Singapore, 100
      2,009 words
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  • MALAYSIA
    • Article
      Lock icon Goldman ups forecast of Malaysian GDP to 5.5%
      478 14  -  It says govt’s target of 5-6% easily attainable; suggests curbing subsidies and introducing GST By S JAYASANKARAN in Kuala Lumpur GOLDMAN Sachs has raised its 2011 real gross domestic product (GDP) growth forecast for Malaysia to 5.5 per cent, from 5.2 per
      478 words
    • Article
      Lock icon More scepticism please, auditors told
      369 14  -  By PAULINE NG in Kuala Lumpur MALAYSIAN auditors need to reassess the implementation of standards and procedures including exercising more professional scepticism and the pricing of audit services as part of ongoing efforts to improve the audit framework, an oversight board has suggested. “Auditors should
      369 words
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      Lock icon Page 14 Advertisements Column 1
      2633 14 MATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com. IN THE MATTER OF THE COMPANIES ACT, CAP.50 AND IN THE MATTER OF BG GLOBAL TRADING PTE LTD UEN CO REG NO: *****4166N MEMBERS’ VOLUNTARY WINDING UP At an Extraordinary General Meeting of BG Global Trading Pte Ltd convened and held at 77
      2,633 words
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      704 14 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF NEXSOL (SINGAPORE) PTE. LTD. (IN MEMBERS’ VOLUNTARY LIQUIDATION) (Co. Reg. No. *****7162G) NOTICE OF RESOLUTIONS At the Extraordinary General Meeting of Nexsol (Singapore) Pte. Ltd. duly convened and held on the 28th day of March 2011,
      704 words
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      143 14 IN THE MATTER OF THE COMPANIES ACT CAP. 50 AND IN THE MATTER OF ASIA RISK (SINGAPORE) PTE. LTD. (IN VOLUNTARY LIQUIDATION) Company No. *****5970H NOTICEISHEREBYGIVENpursuant to Section 308 of the Companies Act, Chapter 50, that the Final General Meeting of the Company will be held at 237 Alexandra Road
      143 words
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  • INDIA/GREATER CHINA
    • Article
      Lock icon Indian census puts population at 1.21b in 2011
      389 15 181m people added in past 10 years but growth slows for 1st time in 90 years AP [NEW DELHI] India is now home to 17 per cent of all people in the world as its population climbed to 1.21 billion in 2011,
      AP  -  389 words
    • Article
      Lock icon Vodafone buys 33% more of India JV
      459 15 Bloomberg [LONDON] Vodafone Group plc will buy an additional 33 per cent stake in its Indian joint venture for US$5 billion after partner Essar Group exercised an option to sell the holding in India’s third-largest mobile phone operator. Essar exercised its put option
      Bloomberg  -  459 words
    • Article
      Lock icon Google-linked firms broke tax laws: report
      336 15 Reuters [BEIJING] Chinese authorities found three companies linked to Google Inc broke tax rules and are probing for possible tax avoidance, a Chinese state-run newspaper said yesterday, raising the possibility of fresh pressure on the Internet search giant. Google, the world’s biggest Internet search
      Reuters  -  336 words
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      2327 15 MATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com. (A business trust constituted on 25 April 2006 under the laws of the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING OF THE UNITHOLDERS NOTICE IS HEREBY GIVEN that the Annual General Meeting of the unitholders of Pacific Shipping Trust (“PST” and unitholders
      2,327 words
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  • Page 16 Advertisements
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      1794 16 MATS BUY IT• SELL IT• FIND IT NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg OCEANUS GROUP LIMITED (Company Registration No. *****5793D) (Incoporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Grand Ballroom, Level
      1,794 words
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      1916 16 STATS ChipPAC Ltd. (Incorporated in the Republic of Singapore) (Company Registration Number *****7932D) Notice of Seventeenth Annual General Meeting NOTICE IS HEREBY GIVEN THAT the Seventeenth Annual General Meeting (the “Annual General Meeting”) of STATS ChipPAC Ltd. (“STATS ChipPAC”) will be held at The Grassroots’Club, 190 Ang Mo Kio Avenue
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      475 16 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF LCR DEVONSHIRE PTE LTD (IN MEMBERS’ VOLUNTARY LIQUIDATION) (CO. REG. NO. *****5155D) NOTICE OF RESOLUTIONS At the Extraordinary General Meeting of LCR Devonshire Pte Ltd duly convened and held on the 28th day of March 2011,
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      4114 17 MATS BUY IT• SELL IT• FIND IT NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg Yangzijiang Shipbuilding (Holdings) Ltd. (Incorporated in the Republic of Singapore) (Company Registration No.: *****7636Z) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Meeting Room
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  • WORLD
    • Article, Illustration
      Lock icon US Treasury now sees profit from bailouts
      520 18 Officials estimate a gain of US$24b is likely on entire rescue programme NYT [NEW YORK] Take your pick: a US$100 billion loss. A nearly US$25 billion profit. A US$100 billion profit. When it comes to calculating the bill for the government’s bailout of
      NYT; REUTERS  -  520 words
    • Article
      Lock icon J-Reits slow acquisitions and fund raisings
      411 18 Activity will pick up only after property market recovers from quake Bloomberg [TOKYO] Japan’s real estate investment trusts may stall property sales and suspend fundraising plans in the short term as the nation’s strongest earthquake, tsunami and nuclear crisis damp investor appetite for assets.
      Bloomberg  -  411 words
    • Article
      Lock icon Economists bullish about Dubai growth
      451 18 Robust activity in Asia seen helping its healthy expansion AFP [DUBAI] The economy of Dubai, whose financial woes rattled world markets in late 2009, is tipped to grow over the next two years on the back of robust economic activity in Asia, economists said on
      AFP  -  451 words
    • Article
      Lock icon G-20 meet highlights conflicts over currency
      681 19 Leaders reach informal agreement on need for yuan to have wider role in global finance AP [NANJING] Financial leaders of the Group of 20 top economies appeared to reach informal agreement yesterday on the need for China’s currency to have a wider role in
      AP  -  681 words
    • Article
      Lock icon Spanish savings bank to ask for state funds
      292 19 Reuters [MADRID] Savings bank Caja Mediterraneo (CAM) said it would apply for state funds after a planned merger fell through. Cajastur, Caja de Extremadura and Caja Cantabria voted against combining their businesses with CAM in a new entity known as Banco Base.
      Reuters  -  292 words
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      Lock icon Portugal’s budget deficit comes above govt target
      528 19 2010 deficit of 8.6% of GDP is way above 3% eurozone limit AP [LISBON] Portugal’s financial plight deepened yesterday when official figures showed the debt-stressed country’s budget deficit last year was 8.6 per cent of GDP way above the government target of 7.3
      AP; REUTERS  -  528 words
    • Article
      Lock icon S&P cuts ratings of 4 Greek banks
      208 19 Bloomberg [ATHENS] Standard Poor’s cut the credit ratings of four Greek banks and put the country’s banking system into a higher risk category on “heightened economic and industry risks for the Greek financial system”. National Bank of Greece, EFG Eurobank Ergasias, Alpha Bank
      Bloomberg  -  208 words
    • Article
      Lock icon Factory orders post 0.1% decline in Feb
      503 19 First fall in 4 months does not signal weakness: analyst LATEST US DATA AP Bloomberg [WASHINGTON] US factories orders fell in February, as the government cut demand for military planes and communications equipment while businesses bought fewer computers, turbines and power generators. Orders
      AP; Bloomberg  -  503 words
    • Article
      Lock icon US radiation team to arrive in Japan soon
      728 20  -  Japan promises to boost monitoring of radiation levels following IAEA call By ANTHONY ROWLEY in Tokyo AMIDST mounting international concern over Japan’s nuclear disaster at the tsunami-crippled Fukushima power station on the country’s northeast coast, a 140-member US military team on radiation
      728 words
    • Article
      Lock icon Swiss miss out as Arab capital flies to London
      291 20 Reuters [LONDON] London is gaining in the battle for rich Middle Eastern families seeking shelter from political unrest at home, as its private banks and top-end property sector tempt them away from Switzerland. Money is moving out of the Middle East
      Reuters  -  291 words
    • Article
      Lock icon H&M Q1 profit declines more than anticipated
      390 20 Clothing retailer’s net income drops 30% to 2.62b kronor Bloomberg Reuters [MILAN] Hennes Mauritz AB (H&M), the world’s sec-ond-largest clothing retailer, reported first-quarter profit that fell more than analysts anticipated as the company decided against passing on higher costs to customers. Net income
      Bloomberg; Reuters  -  390 words
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      3224 20 SAKAE HOLDINGS LTD. Company Registration Number *****4816E (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Sakae Holdings Ltd. (the “Company”) will be held at 28 Tai Seng Street, Sakae Building, Level 7, Singapore *****6, on Monday, 18
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      37 20 NIGHT MOVES Young Indians in Singapore party hop but stay true to their roots at the end of the night CAN INDIA WIN THE WORLD CUP? GET YOUR COPY TODAY FROM ALL 7-ELEVEN OUTLETS (WHILE STOCKS LAST)
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  • AVIATION/SHIPPING
    • Article, Illustration
      Lock icon Japan rebuilding may boost dry-bulk shipping lines
      665 21 Imports of huge volumes of iron ore from Australia, logs from NZ, M’sia seen Bloomberg Reuters [SINGAPORE] Reconstruction in Japan following a tsunami and earthquake that destroyed or damaged more than 150,000 buildings may boost volumes for dry-bulk shipping lines struggling with global
      Bloomberg; Reuters; AFP  -  665 words
    • Article
      Lock icon 30% of S’pore LNG terminal completed
      305 21 Bloomberg [SINGAPORE] Singapore has completed 30 per cent of its first liquefied natural gas import facility and is on track to open in the second quarter of 2013, according to the chief executive of the company operating the terminal. State-owned Singapore LNG Corp will
      Bloomberg  -  305 words
    • Article
      Lock icon Northrop’s spin-off of ship unit may set trend
      562 21 Bloomberg [WASHINGTON] Northrop Grumman Corp, the third largest US defence contractor, has potentially set a precedent for other defence giants by spinning off its US$6.7 billion ship unit as Huntington Ingalls Industries Inc. “This is one of the first big divestitures in
      Bloomberg  -  562 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      3191 21 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi SQ457 1300 SQ456 1250 EY470 2220 NH6370 2220 VA7470 2220 Adelaide LH9771 1745 9W4082 2225 SQ278 1745 AF8088 2225 VS7278 1745 AY5011 2225 BA7382 2225 JL7893 2225 MU8439 2225 QF82 2225 LH9770 2350 SQ279 2350 VS7279 2350 Amsterdam LO4031
      3,191 words
    • Article
      Lock icon S’pore is No 1 as Asian airports hog top spots
      328 21 Bloomberg [LONDON] Europe’s five busiest airports rank outside the top 90 worldwide in terms of consumer satisfaction, with Asian terminals dominating the uppermost rankings, according to research from Airports Council International. Amsterdam Schiphol is the best-placed major European hub at
      Bloomberg  -  328 words
  • Page 21 Advertisements
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      219 21 NOTICE TO TRADE (MLOs NVOCCs) 1. RATE RESTORATIONS In view of the continuing increase in the operating costs which can no longer be endured by ourselves, we have no option but to apply the following Rate Restorations with effect from 1st May 2011. Rate Restoration quantum increase will be as
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      152 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
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  • EDITORIAL & OPINION
    • Article
      Lock icon Time to raise the ante against piracy
      495 22 EDITORIAL THE phenomenon of Somali piracy in the Gulf of Aden was the unexpected focus of attention in Singapore last week when two of Asia’s most powerful shipping and freight groups held their meetings here. They each separately released hard-hitting statements decrying the
      495 words
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      Lock icon A good time to repair Sino-Japanese relations
      752 22  -  THE BOTTOM LINE FRANK CHING The writer is a Hong Kong-based journalist and commentator. Follow him on Twitter @FrankChing1 IF there is a rainbow behind the dark clouds currently blanketing Japan the country’s gravest crisis since World War II it could be this:
      752 words
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      Lock icon China and India: Need to stress commonality
      1128 22  -  They may create a G-2 based on developing common positions on global economic issues By SHAHID JAVED BURKI The writer, a former Pakistani finance minister and World Bank vice-president, is visiting senior research fellow at the Institute of South Asian Studies, an autonomous
      BLOOMBERG  -  1,128 words
    • Article, Illustration
      Lock icon Managing demographic rollercoaster
      1112 23  -  To meet the challenges of agequake, it is vital to spread best practices in inter-generational knowledge sharing By THOMAS MENKHOFF The writer is an associate professor of organisational behaviour and human resources from the Lee Kong Chian School of Business at Singapore Management University ABOUT a decade
      XINHUA  -  1,112 words
    • Article, Illustration
      Lock icon Urgency of alternate fuels
      928 23  -  By G PANICKER The writer was formerly with BT’s foreign desk THE mayhem in the Middle East and the Japanese nuclear power plant crisis are clear warnings that the world needs to redouble the drive to secure our collective energy future. There is no time to
      ILLUSTRATION BY LUDWIG ILIO  -  928 words
    • Article
      Lock icon Voting figures were on SGX.net: Spice
      98 23  -  LETTER TO THE EDITOR KTS Anand Chief financial officer Spice i2i Limited SPICE i2i Limited would like to thank Denis Distant for his feedback and his letter “Post AGM voting results on SGX.net” (BT, March 31). In addition to a company announcement which was
      98 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      8403 24 Transaction date: Mar 31 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 21 14.5 8Telecom 17 16.5 17.5 7.8 3.6 3.6 81.4 12 4.5 A-Sonic 7 unch 1203 7 7 7 7.5
      8,403 words
    • Article
      Lock icon SGX CATALIST
      1585 25 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 7 4 t AA Grp 4.5 4 4.5 21.4 4.3 225 130 t APStrategic 169 161 167 100.3 1.5 0.5 t Advanced System 0.5
      1,585 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      9700 25 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.36/ APS Alpha Fund (USD)!** 1.08/ APS Alpha Fund Cl B SGD!** 1.2/ APS Alpha Fund Cl B USD!** 0.89/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt S'pore Pte Ltd AXA WM
      9,700 words
    • Article
      Lock icon GLOBALQUOTE
      243 25 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 56 38 AVJennings A53xd 52 53 3.6 6.6 4.2 138 55 16 Genting HK US$ US41 -0.5 8395 42 41 40.5 41 2699.7 21 8 Over&Gen A14
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    • Article
      Lock icon SGX ETF
      836 25 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 124 108 ABF SG Bond ETF 112.5 +1 5 112.5 112 110 112.5 513.5 1070 761 CIMBAsean40 100US$ US1043cd +7 50 1046 1042 1038 1048 41.7
      836 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      374 26 In local curr In S$ In US$ dy yr dy yr dy yr Mar 30 Index Change Change Change Change Change Change World Index Preliminary 927.0 0.8 3.3 0.9 2.8 0.9 4.3 EAFE Preliminary 806.1 1.0 0.7 1.1 1.2 1.1 2.7 Europe Preliminary 1195.1 0.7
      374 words
    • Article
      Lock icon INTERBANK RATES
      180 26 Mar 31 $S Offer Bid 0vernight 0.01 par 1-month 5/16 1/16 2-months 3/8 1/8 3-months 7/16 3/16 Overnight mode: 0.15 US$ Offer Bid 7 days 0.28 0.18 1 month 0.38 0.28 2 months 0.43 0.33 3 months 0.48 0.38 6 months 0.58 0.48 9 months 0.80 0.60 12
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    • Article
      Lock icon US$/S$ FORWARD RATES
      22 26 Mar 31 S$ Bid Offer 1-month 1.2599 1.2603 2-months 1.2598 1.2602 3-months 1.2597 1.2601 6-months 1.2594 1.2597 Source: OCBC
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    • Article
      Lock icon SICOM FUTURES
      147 26 Mar 31 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Apr 11 576.0 570.0 576.0 46 May 11 566.0 559.0 566.0 12 Jun 11 565.0 558.0 565.0 18 Jul 11 562.0 Aug 11 554.0 Sep 11 549.3 Oct 11
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    • Article
      Lock icon GOVERNMENT SECURITIES
      81 26 Mar 31 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****S 30.06.2011 0.25 0.22 0.22 1-Year BY*****N 01.11.2011 0.35 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0V 1.625 01.04.2013 102.34 5-Year N*****0W 1.125 01.04.2016 99.67 99.83 99.70
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    • Article
      Lock icon CHICAGO BOT
      107 26 Mar 30 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low May 11 1372.00 1361.50 1374.50 1355.75 Jul 11 1382.75 1372.25 1384.50 1366.50 Aug 11 1381.75 1371.75 1383.25 1369.75 Sep 11 1372.50 1363.25 1373.50 1357.50 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low May 11 57.32
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    • Article
      Lock icon CRUDE OIL & PRODUCTS
      77 26 CRUDE OIL PRODUCTS Mar 30 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 115.34 -0.30 WTI (Near Mth) 104.26 -0.56 Dubai (1-Mth F) 108.72 0.65 Tapis blend 122.17 0.82 Minas 118.37 0.82 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 108.17 1.56 Jet Kerosene 132.30 0.70 US$/barrel Opec Oil
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    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      2851 26 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left AFP Properties EW*****8 20.5 -1.5 7 1 10 -13 1.71 56 Asia-Pacific Strategic W*****6 28 1 150 5 6.04 38 ASJ Hldgs W*****1 1 1 4 11 4.50 11 AlliedTech W*****2
      2,851 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 26 Mar 31 As at 9am Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.345 1.269 Can dollar 1.323 1.273 Euro 1.816 1.747 Sterling pound 2.068 1.989 NZ dollar 0.988 0.941 US dollar 1.281 1.232 Local dollars to 100 units of foreign
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    • Article
      Lock icon STOCK INDEX FUTURES
      27 26 Mar 31 Open High Sett STI Apr 3090 SIMSCI Apr 364.4 368.1 366.9 Taiwan Apr 305.3 307.2 307.1 Source: MF Global (S) Pte. Ltd
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    • Article
      Lock icon PALM OIL
      65 26 Mar 31 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Apr 11 3380 3378 3380 3366 25 1832 May 11 3333 3345 3361 3316 1847 ***** Jun 11 3308 3326 3343 3291 ***** ***** Jul 11 3300 3310
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    • Article
      Lock icon SGX DERIVATIVES TRADING
      460 26 Mar 31 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Jun11 99.6500 0 1425 Sep11 99.5350 0 2875 Dec11 99.3750 0 2023 Mar12 99.1200 0 668 EUROYEN TIBOR FUTURES Jun11 99.6700 16 3257 Sep11 99.6675 0 1221 Dec11 99.6600 0 1941 Mar12 99.6400 99.6400 99.6400 99.6450 0
      460 words
    • Article
      Lock icon INTERBANK CROSS RATES
      464 26 Mar 31 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.003 6.765 0.728 8.041 46.095 89.908 0.856 11.323 3.126 1.357 88.173 44.830 1.302 7.009 0.946 30.375 31.257 0.640 1.033 Canada 0.997 6.743
      464 words
    • Article
      Lock icon SIBOR
      85 26 Mar 31 (US$) (55) I mth 0.***** 0.***** 2. roths *****6 0.***** 3 mths 0 ***** 0.***** 6 wths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 0.***** 0.***** SWAPOffer rates (S$) 1 mth ,...0.***** 2 mths.. 0.***** 3 mths.. .0.***** 6 mths 9 mths 12 mths 0 *****
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      154 26 Mar 31 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.3012 1.3021 1.0327 1.0332 Canadian dollar 1.2971 1.2977 1.0294 1.0297 Euro 1.7869 1.7876 1.4182 1.4184 NZ dollar 0.9592 0.9598 0.7613 0.7616 Sterling pound 2.0329 2.0336 1.6134 1.6136
      154 words
    • Article
      Lock icon PRECIOUS METALS
      139 26 Mar 31 GOLD (US$/oz) Mar 30 Mar 31 Hong Kong 1421.30 1428.80 Mar 29 Mar 30 London 1419.35 1414.41 1420.35 1415.18 Source: Thomson Reuters CAST BAR Mar 31 (S$) Selling Buying Kilobar 61,909.13 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 139 58 5gm 394 289 10gm 703
      139 words
    • Article
      Lock icon LONDON METALS
      71 26 Mar 30 Mar 30 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2598.00 2615.50 3 months 2629.00 2648.00 Copper, Grade A (US$/tonne) Cash 9363.50 9569.00 3 months 9381.00 9585.00 Lead (US$/tonne) Cash 2689.50 2731.00 3 months 2655.00 2687.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne)
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    • Article
      Lock icon LIFFE COCOA (£/tonne)
      82 26 Mar 30 Close Prev High/Low May 11 1944 1667 2006/1940 Jul 11 1948 1994 2005/1942 Sep 11 1955 2005 2007/1950 Dec 11 1960 2011 2012/1951 COFFEE (US$/tonne) Close Pev High/Low Mar 11 2525 2505 2525/2447 May 11 2524 2510 2531/2470 Jul 11 2416 2405 2420/2370 Sep 11
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  • Article
    Lock icon SHIPPING TIMES
    6006 27 n BALISA SHIPPING TRADING PTE LTD 8 Shenton Way, #40-03A, Singapore *****1 Tel: 6345 5700 Fax: 6345 5227 Email: singapore@balisagp.com UEN NO. **********0W UK CONTINENT SERVICE U.S.A. SERVICE Destination STXPO TBN Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Destination STXPO TBN Camden/New Orleans/Tampico Destination SEA PIONEER Muscat/Sharjah/Doha/Bahrain/Dammam
    6,006 words
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      46 28 USE THIS SPACE TO SELL CALL JOE WONG AT 9620 1327 TO ADVERTISE _1HE BUSINESS TIMES SHIPPING TIMES FREIGHT FORWARDER urgently needed by shippers I Can they find your services here in the Shipping Times? THE BUSINESS TIMES TO ADVERTISE, CALL JOE WONG AT 9620 1327
      46 words
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  • executive lifestyle
    • Article, Illustration
      Lock icon THE CANNES OF THE EAST
      1423 29  -  The debut of ScreenSingapore in June is poised to be the first global event for movers and shakers of the film world to head here, schmooze and drum up big business, reports DYLAN TAN SCREENSINGAPORE DYLAN TAN IN LESS than ten weeks, Singapore will be
      PHOTO-ILLUSTRATION: MOHD KHAIRIE; PHOTO: REUTERS  -  1,423 words
    • CINEMA
      • Article, Illustration
        Lock icon Fast and spurious
        500 30  -  Dwayne Johnson may be in the driver’s seat in Faster but it’s a strong supporting cast that calls the shots, writes GEOFFREY EU writes GEOFFREY EU LOTS of bullets fly in Faster, a film that deals primarily in frenetic shootouts, high-speed car chases and the adverse effect
        SONY PICTURES  -  500 words
      • Article, Illustration
        Lock icon Bullets hit the mark
        611 30  -  By DYLAN TAN THE movie may be called Let The Bullets Fly but it’s also the machine-gun dialogue that keeps this entertaining Chinese blockbuster going when it’s not raining shells. Adapted for the big screen from Sichuan writer Ma Shitu’s book, the film is the all-time
        611 words
      • Article, Illustration
        Lock icon Right wreckin’ romp
        409 30  -  DVD REVIEW By CHRISTOPHER LIM DENZEL Washington must have a thing for trains. After all, just two years ago he starred in The Taking of Pel ham 12 3 as a mistreated railway veteran who ended up saving the day. In Unstoppable, Washington is back as yet
        409 words
      • Article, Illustration
        Lock icon Hare-brained coop coup
        635 30  -  By CLARISSA TAN HOW many universes would you say separate Russell Brand the brash British shock jock now making his name in the United States and the wholesome bounciness of the Easter Bunny? Two, three? Several whirling planetary galaxies? In the parallel existence known as Hollywood, Brand
        635 words
    • WINE
      • Article, Illustration
        Lock icon White wine peaks
        1112 31  -  The Corton Charlemagne of Coche-Dury is probably the most elusive and coveted of all Grand Cru white Burgundies, writes N K YONG writes N K YONG IN THE world of white wine Chardonnay still reigns supreme, and in that world of Chardonnay, it is French Chardonnay. Within
        PHOTO: N K YONG  -  1,112 words
      • Article
        Lock icon Pinot Noir switcheroo
        547 31  -  By ERIC ASIMOV NYT IT’S been called the Ol’ Switcheroo, and the Great Pinot Noir Kerfuffle. Depending on your point of view, it was either a surprise change-up that proved a point, or a dirty trick that proved nothing at all. Either way, the stunt that the
        NYT  -  547 words
    • MUSIC/PURSUITS
      • Article, Illustration
        Lock icon Playing for Japan
        875 32  -  Kitaro hopes his concert here will help keep his beloved Japan in the hearts and minds of his fans, reports CHRISTOPHER LIM reports CHRISTOPHER LIM WHEN Kitaro was moved by the 9/11 terrorist attacks in New York to compose his Sacred Journey Of KuKai albums, each volume
        875 words
      • Article, Illustration
        Lock icon Fight to lord over nymphs
        484 32  -  GAMING REVIEW By CHRISTOPHER LIM WORLD of Warcraft may be the world’s largest massively multiplayer online role-playing game (MMORPG), but it isn’t quite hardcore enough for gamers looking for a more focused and battleoriented experience. For hardcore MMORPGs, you’ve got to look to South Korea,
        484 words
      • Article, Illustration
        Lock icon Fygi belts out big band hits
        687 32  -  The Best Is Yet To Come Laura Fygi Universal Rating: B CD REVIEW By CHRISTOPHER LIM Just because you usually know what to expect from jazz-pop singer Laura Fygi doesn’t mean she doesn’t have anything new up her sleeve. The Best Is Yet To
        687 words
      • Article, Illustration
        Lock icon Nonya-style time trek
        739 32  -  By KELLY TAY IF YOU were schooled in Peranakan fashion by MediaCorp’s wildly popular television show, The Little Nyonya, perhaps a trip to the Peranakan Museum is in order. Its latest exhibition, Sarong Kebaya: Peranakan Fashion and its International Sources, weaves history, heritage and haute couture together,
        PHOTO: PERANAKAN MUSEUM  -  739 words
    • ARTS
      • Article, Illustration
        Lock icon Enshrined in art
        740 33  -  Transcend the flesh with contemplative art, part of The Esplanade’s A Tapestry of Sacred Music writes CHE AH UI-HOON writes CHEAH UI-HOON JAPANESE artist Coca-Z’s intention wasto bring nature “into” the interior space of The Esplanade for his installation here which opens next week. But when the
        PHOTO OF CHARWEI TSAI’S SOUNDSCAPE: ZHUANG WUBIN; PHOTOS OF COCA-Z AND HIS PAPER CREATION: YEN MENG JIIN  -  740 words
      • Article, Illustration
        Lock icon Artists sell works to help Japan
        398 33  -  By CHEAH UI-HOON MORE than 70 artworks close to half of them newly executed or never seen before will be up for silent auctionandsaleat Unshakeable, an event organised to raise funds for Japan. Renowned photographers such as John Clang and Russel Wong (Angkor Tree,
        398 words
      • Article, Illustration
        Lock icon Masala-inspired play is a hit
        538 33  -  By DYLAN TAN WITH their elaborate costumes and over-the-top backdrops, it’s no wonder Bollywood films cost a lot of money to produce. But last Friday, parts of quintessential Indian cinema classic Sholay were recreated on a mostly-bare stage with just six young actors dressed in
        PHOTOS: KAR-WAI WESLEY, MEMPHIS WEST PICTURES  -  538 words
      • Article, Illustration
        Lock icon Hantu redux more spirited than ever
        750 33  -  By CLARISSA TAN THEY do return, those ghosts of the musical comedy H is for Hantu, at any rate. In 2009 they cheered the souls of many, especially children, and now they’re bigger, better, even more spirited than they were before. In short, Jonathan
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  • Page 30 Miscellaneous
    • Miscellaneous
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      295 30 CRYPTIC CROSSWORD Across 4 Prying person occupied with main part (8) 8 Counter work by model (6) 9 Look before groom gets to tone down photograph (8) 10 Grace ill prepared for this reaction (8) 11 Weight that’s just the same without me (6) 12 Chuck has a humble property
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      204 31 L E S AMIS D U CREDIT SUISSE THE MERLION HOTEL BY TATZU NISHI. CHECK-IN TO SINGAPORE'S MOST FAMOUS ICON f r~ uqh w\ r .c k' a nr. y. dteiU m t, raw?-- -*u ■u 7 r •> X I IN SI -v V 3 x/;«:■- c: S !l-
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