The Business Times, 19 August 2011
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2011-08-19
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The Business Times
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Title Section23 2011-08-19 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|£l A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 138/08/2010 Friday, August 19,23 words
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Article, Illustration804 2011-08-19 1 JAMIE LEE - By JAMIE LEE [SINGAPORE] CK Tang has offered an enticing deal to about 500 minority shareholders who have held on to shares of the delisted company. And what a difference two years can make. The fresh move, a capital reduction exerciseFILE PHOTO - 804 words
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731 2011-08-19 1 SHU-CHING JEAN CHEN - JV with Shanghai, Shenzhen exchanges may reshape the future for HKEx By in SHU-CHING JEAN CHEN in Hong Kong NO one is talking about a merger anytime soon, but Hong Kong Exchanges and Clearing is tying itself more closely to the fortunes of731 words
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Article144 2011-08-19 1 HST INDEX 2,824.96 (-3.57) H ST INDEX FUTURES 2,812 (-15) H SIMSCI 324.70 (-1.72) H SIMSCI FUTURES 323.60 (-2.30) FOREX US$ S$ US$ (S$ per US$) 1.208 (US$/S$ per 1.652 1.996 EURO (US$/S$/E) 1.443 1.743 Foreign currency per US$ S$ YEN 76.60 63.40 RM 2.982 2.469 HK$ 7.793144 words
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Advertisement102 2011-08-19 1 OPERA S’pore premiere of Salome at Esplanade PAGE 35 lL GE'ii^P Creator of dreams LA BISE COLLECTION Automatic. 18K Rose gold with diamonds AVAILABLE AT EXCLUSIVE SARCAR RETAILERS: SINGAPORE Bezel (+65) 6333 5833 Leong Poh Kee (+65) 6296 9998 Masterpiece Time Jewels (+65) 6887 4747 INDONESIA 21 Watch Boutique (+62-21)102 words
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Advertisement29 2011-08-19 1 PROPERTY Sales of private homes up 21.6% in Q2 PAGE 2 Outwit, outserve, outsource Why more four-star hotels are outsourcing their entire F&B operations EXECUTIVE LIFESTYLE I PAGE 3829 words
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Advertisement12 2011-08-19 1 FASTEST GROWING 50 Many companies thriving despite the economic uncertainty PAGES 16-2512 words
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Advertisement15 2011-08-19 1 WINE Vintage showstoppers PAGE 34 Dismal US data spooks market I PAGE 14 *****1 *****415 words
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TOP STORIES
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740 2011-08-19 2 LEE U-WEN - Each stresses his fitness for the post; they will get opportunity to address nation again on Aug 26 By LEE U-WEN [SINGAPORE] One of Tan Cheng Bock’s proposals as president, should he be elected, will be to move the Prime Minister’s Office (PMO) out of740 words
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Article, Illustration577 2011-08-19 2 UMA SHANKARI - Chinese purchases hit new high as share of foreigners stays at record 16% By UMA SHANKARI [SINGAPORE] Sales of private homes rose 21.6 per cent quarter on quarter in Q2 2011 and the number of units bought by mainland Chinese buyers hit aSource: URA, DTZ Research - 577 words
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Article464 2011-08-19 2 Great Leap Forward for Hong Kong bourse NO ONE is talking about a merger anytime soon, but Hong Kong Exchanges and Clearing is tying itself more closely to the fortunes of China by embracing its two rivals on the mainland. A joint venture involving HKEx and exchanges in464 words
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406 2011-08-19 2 TEH SHI NING - By TEH SHI NING [SINGAPORE] Singapore’s domestic money markets continue to function in an orderly manner, and there has been no need for “extraordinary measures”, the Monetary Authority of Singapore said yesterday, in response to media queries on the fall of the406 words
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Article270 2011-08-19 2 AFP [SINGAPORE] English Premier League champions Manchester United have filed an application with the Singapore stock exchange for a public listing, a source close to the deal said yesterday. The Red Devils, the Premiership titleholders and three-time champions of Europe, submitted their applicationAFP - 270 words
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Article, Illustration521 2011-08-19 3 FELDA CHAY - Decline in investment y-o-y offsets growth in jewellery demand By FELDA CHAY [SINGAPORE] Gold demand in the second quarter dived 17 per cent from a year ago, which saw “remarkably strong levels” of buying interest, said the World Gold Council (WGC) yesterday. WithBLOOMBERG - 521 words
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437 2011-08-19 3 PAULINE NG - M’sian refiner slips by some 20% as investors exit after offer details emerge By Kuala PAULINE NG in Kuala Lumpur SHARES of Esso Malaysia fell by nearly a fifth yesterday after market players, who were expecting a windfall from San Miguel437 words
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486 2011-08-19 3 ANTHONY ROWLEY - Gates Foundation to repay Jica’s loan to Pakistan if plan is successfully implemented By ANTHONY ROWLEY in Tokyo THIS is what happens when a top entrepreneur puts his skills to use in the charity sector. He uses the power486 words
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Advertisement189 2011-08-19 2 Ready For Home Entertainment That's LARGER Than Life? iP iPhone Parrot A Wireless Stereo System $2688 designedbyPhilippeStarck UP $2999 Since our inception in 1998, we have commissioned over 7000 residential and commercial projects, from luxury yacht to 60-seat private theatre room, conference hall's sound reinforcement to 'live' band set up.189 words
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Advertisement201 2011-08-19 3 A CUT ABOVE SOPHISTICATION PRESENTING: A BRILLIANCE IN TIME, 19-28 AUG 2011 m 7 n_ 1 i I X 9 ni v V <// wk Timeless Treasures LI Atrium An exclusive exhibition featuring Boucheron, Chaumet, Cortina Watch, Franck Muller, Harry Winston, Omega, TAG Heuer, The Hour Glass and Tudor. A201 words
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COMPANY NEWS
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Article332 2011-08-19 4 JOYCE HOOI - By JOYCE HOOI SATS Ltd, through its wholly owned subsidiary SATS Investments Pte Ltd (SIPL), is taking a 51 per cent stake in a joint venture firm that will provide food and allied services to firms operating in remote areas around the world. SIPL’s partner in332 words
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Article439 2011-08-19 4 CARINE LEE - Effective stakes in Minhang Plaza and Hongkou Plaza will be 65% and 72.5% after acquisitions By CARINE LEE CAPITAMALLS Asia (CMA) is acquiring an additional 50 per cent stake each in two Shanghai malls Minhang Plaza and Hongkou Plaza paying a total of439 words
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807 2011-08-19 4 WONG WEI KONG - HOCK LOCK SIEW By WONG WEI KONG BANKING stocks may be looking attractive with their valuations pulled down by the general weakness in the market, but that’s only half the story. And it’s the other half that is causing more concern. For investors807 words
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475 2011-08-19 5 MINDY TAN - Stock hits 36.5 cents before closing at 35.5 cents, 2.5 cents up from its IPO price By MINDY TAN TOUTED as a defensiveplay hot stock, Sheng Siong rose as much as 2.5 cents yesterday, before ending the day up 1.5 cents at 35.5 cents,475 words
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COMPANY BRIEFS
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60 2011-08-19 5 TIONG Woon Corporation’s 51 per cent-owned subsidiary, Tiong Woon Oasis Marine Engineering, has won a contract for Tuas new yard (Phase 1) project, which is owned by Jurong Shipyard. Tiong Woon said that, for confidentiality reasons, it is unable to disclose the contract amount.60 words
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73 2011-08-19 5 UNION Steel Holdings posted a 68.1 per cent fall in net profit to $0.4 million for its fourth quarter ended June 2011 from a year ago, with revenue falling 39.2 per cent to $18.9 million. But for the full year ended June, it73 words
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402 2011-08-19 5 STEPHANIE RIADY - Majority of survey respondents find 11-30% reasonable By STEPHANIE RIADY IT’S true that few women sit on company boards in Singapore. One NUS Business School study, for example, found that women made up just 6.8 per cent of all boardroom positions in Singapore’s402 words
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Article, Illustration505 2011-08-19 5 Bloomberg [SYDNEY] ASX Ltd, operator of Australia’s main stock exchange, posted a 13 per cent increase in second-half profit as trading volume rose amid global economic uncertainty. Net income rose to A$180.3 million (S$228.5 million) in the six monthsBloomberg; BLOOMBERG - 505 words
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Advertisement342 2011-08-19 4 {~."/<<.!\<-}__*'%;&)}%]"_;:[<% BUSINESS LEADERS INITIATIVE 1 2 September 2011 AN EXCLUSIVE EVENT FOR CEOS AND SENIOR MANAGEMENT Amidst global uncertainties, the Business Leaders Forum 2011 will discuss how businesses can innovate for sustainable growth. Opening address by: Keynote speech by: Moderated by: Ms Chong Siak Ching President CEO, Ascendas Pte Ltd342 words
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Advertisement8 2011-08-19 4 MPAS MAGAZINE AWARDS 2011 BEST USE OF PHOTOGRAPHY/ILLUSTRATION8 words
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3753 2011-08-19 6 6 months ended June 2011 NET PROFIT TURNOVER CURRENT PREVIOUS CURRENT PREVIOUS CHNG CHNG (S$m) (S$m) 3 months ended June 2011 NET PROFIT TURNOVER CURRENT PREVIOUS CURRENT PREVIOUS CHNG CHNG (S$m) (S$m) 1 HK Land 4675.73 1932.36 142.0 927.53 940.31 -1.4 2 Jardine3,753 words
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Advertisement10 2011-08-19 7 JUSTIFIABLY EXPENSIVE l-HI—HEE I R-A6200S $4,799 DEFINITELY NOT FORTHE MASSES10 words
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SINGAPORE MARKETS
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Article, Illustration603 2011-08-19 8 VEN SREENIVASAN - Index surrenders early gains on weaker US index futures and big opening losses in Europe STOCKS VEN SREENIVASAN Senior Correspondent AFTER kicking off the session on a strong note, the Singapore market collapsed during the final hour of trading yesterday, as sellers dumped stocks amidSource: Bloomberg - 603 words
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Article110 2011-08-19 8 Stock name Close Change CapMallsAsia 1.175 CapitaLand 2.500 -0.040 CapitaMall 1.745 -0.035 CityDev 10.030 +0.040 ComfortDelGro 1.305 -0.020 DBS Grp 13.890 -0.010 F&N 5.570 +0.050 GLP 1.720 +0.035 Genting SP 1.645 +0.015 Golden Agri 0.660 -0.010 HK Land 5.700 -0.050 JMH 51.530 +0.810 JSH 30.250 +0.570110 words
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Article186 2011-08-19 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 6 5 2 0 0 0 6 5 2 Manufacturing 42 60 50 2 11 7 44 71 57 Commerce 18 18 21 1 8 4 19 26 25 Tpt/Stor/Comms 8 27 8186 words
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Article121 2011-08-19 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 21,022 21,022 90,278 90,278 Manufacturing 183,221 5,532 188,753 201,480 167 201,646 Commerce 219,319 6,307 225,626 162,147 471 162,618 Tpt/Stor/Comms 187,157 1,524 188,681 234,750 98 234,848 Finance 22,659 167 22,826 253,023 37 253,060 Construction 19,777 15,182121 words
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Article64 2011-08-19 8 Aug 18 VALUE CLOSE BT OB/OS -1583.00 +70.00 BT CADI -*****.00-117.00 BT 10-day MA -*****.00-158.00 FTSE ST Mid Cap 653.19 -5.86 FTSE ST Small Cap 439.24 -1.96 FTSE ST All Share 683.94 -1.80 FTSE ST China Top 207.74 -2.13 FTSE ST China 242.75 -1.11 FTSE ST Catalist64 words
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Article59 2011-08-19 8 VOLUME Sheng Siong 100,589,000 Golden Agri 80,082,000 Genting SP 60,072,000 HSI*****MBeCW*****9 54,924,000 HPH Trust US$ 54,246,000 NexGenSCom 41,751,000 Yangzijiang 39,298,000 Noble Grp 37,414,000 Cosco Corp 32,328,000 SingTel 24,003,000 VALUE($) Genting SP 98,918,915 UOB 90,087,330 DBS Grp 74,525,094 OCBC Bk 73,408,580 SingTel 70,264,350 Keppel Corp 62,175,610 Noble Grp59 words
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BROKERS’ TAKE
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Article367 2011-08-19 8 Aug 18 close: $10.03 OCBC Investment Research, Aug 18 A SUBSIDIARY of City Developments (CDL), Sunmaster Holdings, was part of a joint venture that put in the top tender for a 99-year landed residential site at Serangoon Gardens Way. The site has an area of 28,401.5 sq m367 words
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Article444 2011-08-19 8 LYNN KAN - CIMB Research, Aug 18 Compiled by LYNN KAN WE RECENTLY hosted nine Singapore and Malaysia real estate investment trusts (Reits) at our inaugural Asean Reit conference. While investors were generally not pricing in a double dip, most appeared increasingly cautious. Coupled with value emerging from the444 words
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Article135 2011-08-19 8 Ebit earnings before interest and tax Ebitda earnings before interest, tax, depreciation and amortisation EPS earnings per share FY fiscal/financial year H1, H2 first or second half m-o-m month on month NAV net asset value 9M nine months P/B price/book value (ratio) PE price/earnings (ratio) Q1, Q2, Q3 first,135 words
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Article, Illustration472 2011-08-19 8 CURRENCIES Reuters [NEW YORK] The US dollar and yen firmed yesterday, as anxiety about global growth and European banks drove investors to the relative safety of the two currencies. It was a different story though for the other safe haven, the SwissReuters; REUTERS - 472 words
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Article112 2011-08-19 8 BY CENTS CLOSE UP JMH 5153 97.8 1.6 DBXT S&P Short 10US$ 4650 88.1 1.6 DBXT FTVietnam 10US$ 2581 84.5 2.8 UOB 5.05%NCPS 100 ***** 70.0 0.7 JSH 3025 68.8 1.9 Jardine C&C 4351 46.0 1.1 Pru 500US$ 1015 44.7 3.8 DBXT MSUSA 10US$ 2827 32.6 1.0 DBXT SPASX200112 words
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Article125 2011-08-19 8 BY CENTS CLOSE DOWN DBXT Nifty 10US$ *****-268.0 -2.0 OCBC Bk 5.1%NCPS 100 *****-224.0 -2.1 DBXT MSKorea 10US$ 5374-194.4 -2.9 IS S&P500 *****-108.7 -0.8 DBXT E50 10US$ 3685 -49.5 -1.1 DBXT MSAsExJp 10US$ 3017 -49.5 -1.3 DBXT MSTaiwan 10US$ 1735 -43.5 -2.0 Lyxor MS India 10US$ 1445 -43.5 -2.4125 words
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SINGAPORE NEWS
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394 2011-08-19 9 TEH SHI NING - It cites American manufacturing data, which suggests zero Asian export growth By TEH SHI NING LEADING economic indicators on US manufacturing now point to a 30 to 40 per cent risk of Asian economies now “on a precipice” falling into recession,394 words
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Article, Illustration407 2011-08-19 9 STEPHANIE RIADY - By STEPHANIE RIADY RAMEN Ten, Singapore’s first halal Japanese restaurant chain, has clinched a deal that will see its Ramen Ten and Shin Tokyo Sushi outlets mushroom in 15 countries in the Middle East and North Africa (Mena) region. The homegrown groupMOHD TAUFIK A KADER/BERITA HARIAN - 407 words
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SINGAPORE ROUNDUP
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51 2011-08-19 9 HSBC has appointed Paul Arrowsmith head of retail banking and wealth management (RBWM) in Singapore, with effect from Aug 1. As head of RBWM and the chairman of HSBC Insurance (Singapore), he oversees both retail and wealth management, and insurance and asset management51 words
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37 2011-08-19 9 SINO-SINGAPORE Tianjin Eco-City Investment and Development Co Ltd held its topping out ceremony for the Landmark Building yesterday. It is the first commercial building to be structurally completed in the Eco-Business Park.37 words
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55 2011-08-19 9 The Land Transport Authority (LTA) was presented the Edmund R Ricker Transportation Safety Council Award (Organisation) on Aug 15 at a ceremony held by the Institute of Transportation Engineers (ITE) in St Louis, Missouri. The award was given to LTA for improving safety55 words
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43 2011-08-19 9 UBS has appointed David Evans its head of philanthropy and value-based investing in Asia-Pacific. Mr Evans, who has been actively involved in philanthropic projects, will be based in Singapore and will manage all Family Services activities here.43 words
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Article, Illustration454 2011-08-19 9 NICHOLAS YEO - By NICHOLAS YEO THE Ministry of National Development (MND) has unveiled plans to redevelop and rejuvenate Geylang Serai in line with Masterplan 2008, under which Paya Lebar Central will be developed into a lively regional centre with a “distinct cultural identity”. A highlight of theFILE PHOTO - 454 words
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229 2011-08-19 9 BOTH the Land Transport Authority (LTA) and the Singapore Land Authority (SLA) came up tops in the 2011 MIS Asia IT Excellence Awards. LTA clinched an award for Best Knowledge Management, while SLA bagged a win in the Best Business Enabler category. The MIS229 words
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532 2011-08-19 9 LEE U-WEN - One tours Chinatown, another breaks fast with Malay leaders PRESIDENTIAL ELECTION 2011 By LEE U-WEN ON the second official day of campaigning, the four presidential candidates ventured in different directions across the island to canvass the votes of some 2.27 million eligible Singaporeans.532 words
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457 2011-08-19 9 CHUANG PECK MING - By CHUANG PECK MING IF the upcoming presidential election turns out to be a very close contest with say 5,000 votes separating the top two contenders the Returning Officer may not be able to declare the winner after the votes457 words
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Article, Illustration339 2011-08-19 9 DICKSON LI - By DICKSON LI THE Ministry of Health (MOH) will be piloting a central employment scheme to help the intermediate and long-term care (ILTC) sector in the recruitment and retention of staff, Health Minister Gan Kim Yong said yesterday. Under the scheme dubbed career339 words
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Advertisement385 2011-08-19 10 ►Y~^ a ai m /J i F s a^ u '\pi Wp° tewelcome Master Ryuho Okawa The World Spiritual Leader Master Ryuho Okawa the founder of Happy Science is in Singapore for the very first time. He has devoted much of his life to the exploration ofTruth and finding ways385 words
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ECONOMY WATCH
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Article, Illustration533 2011-08-19 11 ANTHONY ROWLEY - Strong yen, weak demand take toll; Nikkei drops 1.3% to below 9,000 mark By ANTHONY ROWLEY in Tokyo YEN strength and weakening overseas demand took their toll on Japan’s export last month, it was revealed yesterday as traders predicted that theBLOOMBERG - 533 words
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242 2011-08-19 11 Reuters [WASHINGTON] Approval of President Barack Obama’s handling of the US economy has fallen to a new low of 26 per cent, according to a Gallup poll released on Wednesday. Seventy-one per cent said they disapproved of Mr Obama’s handling of theReuters - 242 words
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657 2011-08-19 11 It cuts forecast to 3.9% from 4.2%, cites EU debt woes Bloomberg [SINGAPORE] Morgan Stanley has cut its forecast for global growth this year, citing an “insufficient” policy response to Europe’s sovereign debt crisis, weakened confidence and the prospect of fiscal tightening. The bankBloomberg - 657 words
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Page 11 Advertisements
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Advertisement371 2011-08-19 11 LIVE BY DESIGN! Be certified as practitioners in NIP, Time line Therapy™ Hypnotherapy Wish to achieve more but find that you are not? Wish to rid yourself of negative baggages but find that you cannot? Wish to live life by design but find that you are living by default? Wish371 words
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Advertisement12 2011-08-19 11 TWKfir' t M: 1 s TEL: 6233 uS TEL: 6723 80 SA12 words
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MALAYSIA/INDONESIA
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699 2011-08-19 12 Islamic insurance sector needs to develop standard practices: analysts Bloomberg [KUALA LUMPUR] The growth of the Islamic reinsurance industry in Malaysia is being slowed by a lack of agreed standards and specialised expertise, according to Swiss Re Retakaful and MNRB Retakaful Bhd. CompaniesBloomberg - 699 words
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531 2011-08-19 12 Changes will be made to royalty payments and export regulation Reuters [JAKARTA] Indonesia is looking to revise its royalty payments made on all domestic tin shipments, to close a tax loophole and take these in line with existing charges on exports inReuters - 531 words
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Advertisement406 2011-08-19 12 v Wine, THRILL OF THE GRILL Indulge in a sizzling summer edition of Plates of Pleasure, featuring highlights such as Blackmore Wagyu Patty, Australian Farm-Raised Lamb and Prawi served in petite plated portions. Delight in unlimited servings of these tantalising barbecued meats and other hearty bistro favourites from the buffet406 words
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GREATER CHINA/INDIA
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335 2011-08-19 13 AP [NEW DELHI] A renowned Indian anti-corruption crusader struck a deal with police early yesterday to hold a 15-day public hunger strike against graft, ending a bizarre standoff at a New Delhi prison in which the activist turned his brief detention intoAP - 335 words
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253 2011-08-19 13 Coal India with 2.5t rupee market cap takes the top spot Reuters [MUMBAI] Reliance Industries Ltd (RIL), for long the darling of Indian investors, was knocked off its four-year-long perch as the country’s most valuable company, as fears over slowing gas production draggedReuters - 253 words
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Article, Illustration443 2011-08-19 13 Biden’s China visit aimed partly at building ties with China’s next leader AFP [BEIJING] US Vice-Presi-dent Joe Biden told his Chinese counterpart yesterday global economic stability depended on the two nations, as he began an official visit under a cloud of criticism overAFP; REUTERS - 443 words
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178 2011-08-19 13 AFP [HONG KONG] China Mobile, the world’s largest mobile operator by subscribers, said yesterday that its net profit rose 6.3 per cent in the first half of 2011 on sharp growth in its wireless data services business. The firm posted a net profit ofAFP - 178 words
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Advertisement75 2011-08-19 13 LicNo:L*****87F FRANCISTAN6100-8858CEA Reg. R*****4H OEI TIONG HAM *****sqft. Beautiful, privacy SWISS CLUB *****sqft. Good buy, serene surroundings THIRD AVE *****sqft. Urgent VICTORIA PARK *****sqft. 2 bungalows. Urgent WINDSOR *****sqft. Priced to sell, beautiful, move-in cond YARWOOD *****sqft. Sub-divide OWNERS WELCOME BINJAI ***** *****sqft. Rebuild, modern, best buy BISHOPGATE *****sqft. Cul-de-sac75 words
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Advertisement548 2011-08-19 13 c ash vouc u icon residence Mont' Kiara LAUNCHING PREMIUM BLOCK A MASTERPIECE RESIDENCE IN MONT' KIARA, KUALA LUMPUR THE CITY'S MOST PRESTIGIOUS LOCATION FREEHOLD icon residence is inspired by Mediterranean waterfront resort. It is not only beautifully sculpted, it is also technologically advanced. From the iconic design to an548 words
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WORLD
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472 2011-08-19 14 Existing home sales unexpectedly drop; jobless claims rise more than forecast LATEST US DATA Bloomberg [WASHINGTON] Fears that the world’s largest economy could slow and trigger a global recession were further stoked after a barrage of poor US economic data yesterday, sending marketsBloomberg - 472 words
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632 2011-08-19 14 Based on averages, Q4 tends to be far better for equities Reuters [LONDON] History suggests that the misery suffered by stock investors this summer should end soon, even if relying on precedent seems risky in this year of surprises. Based purely on averages,Reuters - 632 words
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412 2011-08-19 14 Reuters [LONDON] The US Federal Reserve Bank is taking a closer look at the US units of Europe’s biggest banks, concerned that a eurozone debt crisis could spill into the US banking system, The Wall Street Journal reported yesterday. The US$2.5Reuters - 412 words
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Article, Illustration417 2011-08-19 14 Reuters [LONDON] Malaysian entrepreneur Tony Fernandes has completed the takeover of Queens Park Rangers, the Premier League club said yesterday. Mr Fernandes, the owner of the Team Lotus Formula One outfit and the low-cost airline AirAsia, took control of the promoted west London club byReuters; AFP - 417 words
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279 2011-08-19 14 AFP Reuters [PARIS] Standard Poor’s is confident that France will maintain its top “AAA” credit rating, the agency’s European chief said yesterday, amid rumours of a possible downgrade amid intensifying eurozone debt strains. “The rating for France is a stable ‘AAA’, and that hasAFP; Reuters - 279 words
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687 2011-08-19 15 It says the brewing giant’s offer significantly undervalues the firm Reuters [MELBOURNE] Australian brewer Foster’s rejected a US$10 billion offer from rival SABMiller for the second time as shareholders hold out for a better offer from the global brewing giant. SABMiller announced onReuters - 687 words
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278 2011-08-19 15 Kuroda also doubts if yuan or yen would become a regional unit in place of the US dollar AFP [SYDNEY] Asian Development Bank president Haruhiko Kuroda said yesterday that any Asian currency integration is a long way off and cast doubtAFP - 278 words
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Article, Illustration110 2011-08-19 15 NATIONAL Gallery of Victoria (NGV) director Gerard Vaughan (right) and trustee Andrew Sisson unveiling a painting by Italian Renaissance painter Correggio, bought by the NGV with funding from Mr Sisson for A$5.2 million (S$6.6 million) at a Sotheby’s auction in Melbourne on Wednesday. The newly discovered work,AFP - 110 words
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416 2011-08-19 15 Focus is on whether it improperly rated products before crisis Reuters [WASHINGTON] The US Justice Department is investigating whether Standard Poor’s (S&P) improperly rated dozens of mortgage securities in the years before the financial crisis, The New York Times reported on Wednesday, citing sourcesReuters - 416 words
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Advertisement2013 2011-08-19 14 r ■mraar.iiiiw.tiB.f; IIHHIIIIPKi* 0 UCO BANK A GOVERNMENT OF INDIA UNDERTAKING Head Office: 10 B.T.M.Sarani Kolkata-700 001 AUDITED ACCOUNTS AS AT 31 ST MARCH, 2011 BALANCE SHEET AS ON 31 ST MARCH, 2011 fOOO'S OMITTED) As on 31.3.2011 As on 31.3.2010 Rs. Rs. CAPITAL AND LIABILITIES Capital Reserve Surplus Deposits2,013 words
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Advertisement1465 2011-08-19 15 w t£AT3 NOTICES KARL STORZ-ENDOSCOPY (S) PTE. LTD. (InMembers’Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE is hereby given pursuant to Section 308 of the Companies Act Cap 50 that a Final Meeting of the Members of the Company will be held at 3791 Jalan Bukit Merah #10-18 E-Centre Redhill Singapore1,465 words
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Advertisement1024 2011-08-19 15 NOTICES SWIRE SHIPPING AGENCIES PTE. LTD. (Company Registration No: *****0598K) (In Members’ Voluntary Liquidation) At an Extraordinary General Meeting of Swire Shipping Agencies Pte. Ltd. held on 12 August 2011, the following special resolutions were duly passed:1. That the Company be wound up voluntarily and that Mr Tan Gim Soo1,024 words
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Fastest Growing 50
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Article, Illustration816 2011-08-19 16 Despite the economic uncertainty, a good number of companies, many of them SMEs, delivered fine results FROM the financial crisis that struck in late 2008 to the European sovereign debt crisis in 2010, the recent years of global economic uncertainty and volatility have put the816 words
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Article204 2011-08-19 16 THE Fastest Growing 50 awards, now in its 10th year, ranks companies using the three-year Compounded Annual Growth Rate (CAGR) measurement. It also recognises the top 10 fastest growing internationalising companies those that attained the highest three-year CAGR from revenue outside the Singapore market. Criteria that companies204 words
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Article, Illustration1044 2011-08-19 18 DICKSON LI - Unilever Asia believes in doing the right thing for its customers and for the environment. DICKSON LIreports LIreports DICKSON LI MANY people decry irresponsible corporations who plunder the earth’s resources and grow with feckless disregard for sustainability. But Unilever Asia Pte Ltd prides itself onBLOOMBERG - 1,044 words
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Article, Illustration1163 2011-08-19 18 LYNN KAN - The property developer has been quick to take advantage of changing circumstances, reports LYNN KAN reports LYNN KAN IT WILL be a sprint to the end of the year for property developer Hoi Hup. Managing director Wong Chee Herng rattles off theYEN MENG JIIN - 1,163 words
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Article, Illustration1187 2011-08-19 20/21 Willie Tham - SINGAPORE 1000 SINGAPORE SME1000 INTERNATIONAL 100 Willie Tham Managing Director and Head of Commercial Banking, HSBC Singapore It was a stellar convergence of visionaries who succeeded in spurring their companies on with dynamic growth rates at the annual 'Fastest Growing 50'1,187 words
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Article, Illustration1221 2011-08-19 22 MINDY TAN - Sapphire Corp shifted its business focus to China when it saw great opportunities there. MINDY TANreports TANreports MINDY TAN HAVING a clear road map with buy-in from top management is the key to running a successful business, says a top executive of Fastest Growing 50AFP - 1,221 words
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Article, Illustration796 2011-08-19 23 ADRIAN BALL - By ADRIAN BALL The writer is Singapore and Asean Tax Leader at Ernst Young AS a finance executive in a global company today, one of the toughest questions that you will be asking yourself is: Can your company submit all its796 words
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Article, Illustration2462 2011-08-19 24 How difficult is it for a company to internationalise its business? Three MDs share their experiences and offer insights into working abroad MOST companies that have successfully ventured abroad will tell you about the difficulties that they encountered when they made their first overseas foray. WhileFILE PHOTO - 2,462 words
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Advertisement56 2011-08-19 16 CONTENTS A company with a conscience I PAGE 18 Following a clear road map I PAGE 22 Global firms and the need for local tax expertise I PAGE 23 Making the first move overseas I PAGE 24 Advertising sales: Lam Wy-Ning (*****685) Alfred Lee (*****578) Co-ordinator: Felda Chay Sub-editor: Gouw56 words
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Page 17 Advertisements
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Advertisement341 2011-08-19 17 w FASTEST GROWING 50 AWARD RECIPIENTS F SINGAPORE 1000 SINGAPORE SME1000 INTERNATIONAL 100 UNILEVER ASIA PRIVATE LIMITED MEDIATEK SINGAPORE PTE. LTD. PACC OFFSHORE SERVICES HOLDINGS PTE. LTD. MODEC OFFSHORE PRODUCTION SYSTEMS (SINGAPORE) PTE.LTD. GULF MARINE FAR EAST PTE LTD HOI HUP REALTY PTE LTD SAPPHIRE CORPORATION LIMITED AAA OILS FATS341 words
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Page 19 Advertisements
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Advertisement139 2011-08-19 19 Kim Heng, We It ii u r rt r ■——IB—- IP% n IV aSE' L Newbuilding of Pipelay Vessel n 'V law: =5 a Building of New Vessels 4 w tOfiit r 3 ii 9 in m "*r «orsi K& 'III I F* J!U~™ JASCON 25 -»J*Lr Structural Steel Fabrication139 words
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Advertisement305 2011-08-19 22 OMMODITY Commodity Trading Made Simple Delivering Award Winning Solutions, Adding Value Worldwide JustCommodity is a leading software solutions provider catering to the commodity trading industry, particularly for the trading of edible oils. Its commodity trading and risk management ("CTRM") solution, ContraXcentral™, is a premium web-based contract management and execution software305 words
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Page 23 Advertisements
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Advertisement88 2011-08-19 23 E COM AMI* The master of ECO living We are proud to be one of the 50 fastest growing companies in Singapore. Together with our partners, we strive to be the leader in building a greener environment. 7 ■k SINGAPORE 1000 SINGAPORE SME1000 INTERNATIONAL 100 1 m r\i\ 5$ fCO88 words
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Page 25 Advertisements
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Advertisement281 2011-08-19 25 Mainboard-listed Sapphire Corporation Limited is proud to be ranked as a Fastest Growing Since our shift of business focus in 2007 to a mineral resource and steel player in China, we have been registering remarkable results. Based on the Company’s financial statements for FY2010, we achieved a net profit attributable281 words
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EDITORIAL & OPINION
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487 2011-08-19 26 EDITORIAL THE wireless mobility sector is witnessing a major battle among industry leaders. The battleground is not on store shelves but at law courts around the world and the weapon of choice is IP (intellectual property) patents. Companies promoting the Android mobile operating487 words
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Article, Illustration812 2011-08-19 26 ROBERT SAMUELSON - THE BOTTOM LINE ROBERT SAMUELSON IT’S true: Deficit reduction isn’t an economic panacea. It won’t instantly boost the economy or the stock market. It won’t automatically end financial turmoil. But none of this means that we should ignore deficits. Allowing the government’s debt to812 words
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Article, Illustration965 2011-08-19 26 SIMON JOHNSON - The irony of the Republican revolt is that it undermines the private sector more than it reins in ‘big government’ By SIMON JOHNSON The writer, a former IMF chief economist, is co-founder of economics blog http://BaselineScenario.com, a professor at MIT Sloan, a senior fellow atREUTERS - 965 words
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Article, Illustration1217 2011-08-19 27 HELMAN SITOHANG - We must never stop trying to make the region’s economies more competitive and resilient in a globalised world By HELMAN SITOHANG The writer is Credit Suisse’s CEO for South-east Asia GOVERNMENTfi-nances stretched to breaking point. Ratings downgrades. Slumping stock markets. WeakeningBLOOMBERG - 1,217 words
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Article, Illustration943 2011-08-19 27 LAURENCE KOTLIKOFF - By LAURENCE KOTLIKOFF The writer, a professor of economics at Boston University, is a Bloomberg View columnist. The opinions expressed are his own POLITICIANS and investors say Standard Poor’s (S&P) made a mistake when it cut the United States’ credit rating fromBLOOMBERG - 943 words
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AVIATION/SHIPPING
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Article, Illustration456 2011-08-19 28 AP [BERLIN] Germany’s sec-ond-biggest airline, Air Berlin plc, said yesterday its founder plans to quit as CEO after it announced plans to chop routes amid losses that it blamed on high fuel prices, a new aviation tax and sagging demand forAP; AFP FILE PHOTO - 456 words
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978 2011-08-19 28 Slowing oil demand growth in US, EU another blow to depressed market Reuters [LONDON] The crude oil tanker market’s hopes for a recovery next year could run aground as global economic turmoil stifles oil demand in the United States and Europe, dentingReuters - 978 words
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605 2011-08-19 28 Opposition strongest among cargo and charter carriers AP [WASHINGTON] The Obama administration, facing fierce opposition from charter and cargo airlines and a leery Pentagon, has delayed new safety rules aimed at preventing airline pilots from becoming so exhausted that they could make dangerousAP - 605 words
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Article236 2011-08-19 28 Reuters [JOHANNESBURG] Africa’s biggest shipping company Grindrod posted a 42 per cent decline in first-half profit, hit by weak freight rates and unfavourable swings in currencies. The South African-based company, whose ships haul raw materials such as iron ore, cement and fertiliser, said that headlineReuters - 236 words
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Article, Illustration640 2011-08-19 28 AFP [SYDNEY] Asia is seen as the world’s fastest-growing aviation market and Australian carrier Qantas’ decision to seek a bigger slice of it is a smart, and long overdue, decision, analysts say. Qantas announced a controversial revamp of its ailing international arm thisAFP; BLOOMBERG - 640 words
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Page 28 Advertisements
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Advertisement32 2011-08-19 28 tablat THE HEARTBEAT OF THE INDIAN COMMUNITY I did the best I could As President S.R. Nathan steps down, he looks back at his 12 years in office Wbi GOODBYE, MISTER YAHOOOOO32 words
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SINGAPORE STOCKS
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Article8211 2011-08-19 29 Transaction date: Aug 18 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 12 8Telecom 12.8 11.5 14.6 7.8 4.8 2.7 61.3 9.5 4.5 A-Sonic 5.4 -0.5 45 5.5 5.4 5.5 5.88,211 words
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Article1596 2011-08-19 30 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 34 14.5 t 800 Super 15 -0.2 385 15.2 14.9 14.8 15 5.2 26.8 5.5 3.7 t AA Grp 4 2.7 3.9 19 3.91,596 words
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Article9996 2011-08-19 30 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.27/ APS Alpha Fund (USD)!** 1.05/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt S'pore Pte Ltd AXA WM -Talents Fund 0.62/ Aberdeen Asset Mgt Asia Limited American Opp 0.5672/ Asian Credit Fund9,996 words
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Article231 2011-08-19 30 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 56 34 AVJennings A40.5cd 39.5 42 3.6 8.6 3.2 105.5 55 27.5 Genting HK US$ US33 -1 9845 34 33 33 33.5 2172.9 21 10 OGL Resources231 words
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Article903 2011-08-19 30 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 127 108 ABF SG Bond ETF 126 118 125 575.2 1261 911 CIMBAsean40 100US$ US1043 -8 3 1261 1043 1038 1047 41.7 350 278 DBS STI903 words
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FINANCE & COMMODITIES
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374 2011-08-19 31 In local curr In S$ In US$ dy yr dy yr dy yr Aug 17 Index Change Change Change Change Change Change World Index Preliminary 817.0 0.2 -9.0 0.4 -12.0 0.5 -6.1 EAFE Preliminary 690.6 0.1 -13.8 0.5 -13.5 0.6 -7.7 Europe Preliminary 1004.3 0.1374 words
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Article77 2011-08-19 31 CRUDE OIL PRODUCTS Aug 17 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 110.97 1.27 WTI (Near Mth) 87.55 0.62 Dubai (1-Mth F) 105.37 1.65 Tapis blend 116.00 2.00 Minas 112.00 2.00 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 103.17 1.50 Jet Kerosene 125.10 1.40 US$/barrel Opec Oil77 words
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Article107 2011-08-19 31 Aug 17 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Sep 11 1356.75 1340.00 1361.00 1337.75 Nov 11 1366.75 1349.50 1371.00 1346.75 Jan 12 1377.75 1360.25 1381.75 1357.75 Mar 12 1383.25 1366.75 1389.00 1366.00 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Sep 11 55.65107 words
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Article83 2011-08-19 31 Aug 18 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****E 17.11.2011 0.10 0.05 0.04 1-Year BY*****X 02.05.2012 0.14 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year NX*****Z 2.250 01.07.2013 103.97 104.01 103.97 5-Year N*****0W 1.125 01.04.2016 103.0483 words
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Article469 2011-08-19 31 Aug 18 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Sep11 99.6125 0 2672 Dec11 99.4950 0 5005 Mar12 99.5350 0 1243 Jun12 99.5700 0 1539 EUROYEN TIBOR FUTURES Sep11 99.6800 99.6800 99.6800 99.6800 100 1229 Dec11 99.6950 99.7000 99.6950 99.6950 75 1478 Mar12 99.7100 99.7100 99.7100469 words
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Article159 2011-08-19 31 Aug 18 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Sep 11 463.0 463.0 462.5 5 315 Oct 11 463.0 463.0 463.3 13 377 Nov 11 463.8 374 Dec 11 466.2 464.5 464.8 23 498 Jan 12 465.3 392159 words
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Article, Illustration99 2011-08-19 31 As on 17 August 2011 www.smx.com.sg For membership please contact: Ivan Han, DID +65 9098 8455 membership@smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE PREV CLOSE PRECIOUS METALS Gold Cash Oct-11 1794.6 1780.6 1788.5 1783.6 Silver Cash Sep-11 40.455 39.835 40.115 39.83 CURRENCY Euro-US Dollar Sep-11 1.4396 1.4394 1.439599 words
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Article121 2011-08-19 31 As at 9am Aug 18 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.31 1.236 Can dollar 1.249 1.201 Euro 1.766 1.699 Sterling pound 2.025 1.948 NZ dollar 1.035 0.986 US dollar 1.22 1.174 Local dollars to 100 units of foreign121 words
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Article27 2011-08-19 31 Aug 18 Open High Sett STI Aug 2812 SIMSCI Aug 326.3 329.5 323.6 Taiwan Aug 268.3 269.5 264.1 Source: MF Global (S) Pte Ltd27 words
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2432 2011-08-19 31 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 25 1 150 43 4.88 33 ASJ Hldgs W*****1 0.5 1 4 29 7.00 6 AlliedTech W*****2 1.7 1 4 27 Asia Water Tech Ltd W*****8 0.8 12,432 words
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Article154 2011-08-19 31 Aug 18 $S Offer Bid 0vernight 1/16 par 1-month 3/16 1/16 2-months 1/4 1/8 3-months 5/16 3/16 Overnight mode: 0.10 US$ Offer Bid 7 days 0.30 0.20 1 month 0.45 0.25 2 months 0.50 0.30 3 months 0.55 0.35 6 months 0.70 0.50 9 months 0.85 0.65 12154 words
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Article462 2011-08-19 31 Aug 18 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.030 6.697 0.726 8.165 47.767 89.504 0.803 11.263 3.124 1.261 90.971 44.529 1.266 7.471 0.832 30.366 31.302 0.634 1.048 Canada 0.971 6.505462 words
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Article85 2011-08-19 31 Aug 18 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 0.***** 0.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 0.***** 3 mths -0.***** 6 mths -0.***** 9 mths -0.***** 12 mths85 words
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Article154 2011-08-19 31 Aug 18 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2648 1.2663 1.0475 1.0480 Canadian dollar 1.2287 1.2298 1.0176 1.0178 Euro 1.7425 1.7442 1.4432 1.4435 NZ dollar 1.0032 1.0047 0.8309 0.8315 Sterling pound 1.9949 1.9966 1.6522 1.6524154 words
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Article22 2011-08-19 31 Aug 18 S$ Bid Offer 1-month 1.2069 1.2081 2-months 1.2064 1.2078 3-months 1.2054 1.2068 6-months 1.1999 1.2023 Source: OCBC22 words
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Article137 2011-08-19 31 Aug 18 GOLD (US$/oz) Aug 18 Aug 17 Hong Kong 1795.00 1793.00 Aug 17 Aug 16 London 1782.51 1776.59 1783.37 1777.50 Source: Thomson Reuters CAST BAR Aug 18 (S$) Selling Buying Kilobar 74,526.57 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 167 70 5gm 474 348 10gm 847137 words
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Article70 2011-08-19 31 Aug 17 Aug Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2359.25 2339.75 3 months 2398.00 2375.00 Copper, Grade A (US$/tonne) Cash 8943.50 8808.75 3 months 8965.00 8830.00 Lead (US$/tonne) Cash 2370.75 2358.75 3 months 2366.00 2356.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash70 words
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Article66 2011-08-19 31 Aug 18 Aug KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Sep 11 3160 3148 3160 3148 648 8671 Oct 11 3075 3068 3082 3055 2728 ***** Nov 11 3035 3026 3043 3010 ***** ***** Dec 11 302166 words
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Article82 2011-08-19 31 Aug 17 COCOA (£/tonne) Close Prev High/Low Sep 11 1895 1880 1901/1872 Dec 11 1909 1896 1918/1887 Mar 12 1927 1911 1934/1904 May 12 1938 1921 1942/1916 COFFEE (US$/tonne) Close Pev High/Low Sep 11 2350 2314 2380/2330 Nov 11 2380 2344 2410/2359 Jan 12 2395 2355 2423/2361 Mar 1282 words
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Article5145 2011-08-19 32 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. *****3249E 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 JIMFLUSH Muscat/Sharjah/Doha *Loads5,145 words
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Page 32 Advertisements
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Advertisement28 2011-08-19 32 Experienced ship maintenance services wanted. Can they find your services here in the Shipping Times? KLINE BSA To All Shipping Advertisers: Please call Joe Wong at 9620 132728 words
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Page 33 Advertisements
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Advertisement28 2011-08-19 33 FREIGHT FORWARDER urgently needed by shippers TO ADVERTISE, CALL JOE WONG AT 9620 Can they find your services here in the Shipping Times? THE BUSINESS TIMES SHIPPING TIMES28 words
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Advertisement18 2011-08-19 33 USE THIS SPACE TO SELL CALL JOE WONG AT 9620 1327 TO ADVERTISE THE BUSINESS TIMES SHIPPING TIMES18 words
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Page 34 Miscellaneous
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Miscellaneous329 2011-08-19 34 CRYPTIC CROSSWORD Across 1 Rubbish bin initially dumped in vehicle shelter (7) 9 Introduction given by prior to walker, taking away rights (8) 10 Understand how door is locked (5,2) 11 Old coin, one’s limited edition converted into cash (8) 12 Not even disagreeing? (2,4) 13 Alternating current (5,5) 15329 words
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Page 37 Advertisements
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Advertisement34 2011-08-19 37 .JOHN ERDOSK Home TODAY TOMORROW ONLY 10AM-5PM UNDER THE TENT IN THE CARPARK AT 7A 7B DEMPSEY ROAD FOR FULL DETAILS, A MAP TERMS OF SALE GO TO: www.johnerdos.com.sg FURNITURE RUGS LAMPS GIFTS ACCESSORIES34 words
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executive lifestyle
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Article, Illustration2094 2011-08-19 38 GEOFFREY EU - With good help so hard to find and rising labour costs, more four-star hotels are outsourcing their entire F&B operations to independent outfits so that they can focus on their core business of room sales, reports GEOFFREY EU reports GEOFFREY EU GOING out on the town inPHOTOS: SUITE 23 RESTAURANT, PARK REGIS HOTEL; ROSEZITA AWANG FROM SEDAP CONCEPT - 2,094 words
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WINE/ARTS
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Article, Illustration1278 2011-08-19 34 N K YONG - Patience rewards the wine connoisseur such as with white Burgundies, which gain a depth of flavour with each year of ageing, writes N K YONG writes N K YONG WE all know that wines need time to develop their full potential. It then begs the question “How long?”1,278 words
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Article, Illustration747 2011-08-19 34 CHEAH UI-HOON - By CHEAH UI-HOON AN artist responds to the events happening around her, so Chila Kumari Burman is doing her bit to collect newspapers and other visual material about the recent riots in London. “Now and then, I’ll also search images on Flickr... it’s a way to reflectPHOTOS: ARTIST PORTRAIT BY SHEKHAR BHATIA; ARTWORKS – PARADOX - 747 words
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AROUNDTOWN
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Article, Illustration237 2011-08-19 34 OFFERING interpretations of common items that surround us, two exhibitions, We Who Saw Signs and On Reflection, are currently being held at the curatorial division of Lasalle College of the Arts the Institute of Contemporary Arts Singapore (ICAS). With works by eight artists, Adad Hannah,237 words
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Article102 2011-08-19 34 More well-known for his subversive and satirical material, Australian artist Greg Prichard enters the cityscape of Singapore, with photographs of the city through his eyes, abstracted and projected back onto the Singapore scape, then captured on video. Combined with recorded sounds from the streets and interaction with102 words
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Article91 2011-08-19 34 Swiss brand, Breitling, is launching its limited-edition Avenger Seawolf Blacksteel in Singapore with its Pure Breitling Exhibition 2011, a showcase of their 2011 collection. The Breitling Avenger Seawolf Blacksteel is designed for a depth of up to 3,000m, using a safety valve that allows helium built up at91 words
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Article123 2011-08-19 34 NATALIE KOH - Compiled by NATALIE KOH In anticipation of the fourth F1 Night Race in Singapore, Royal Plaza on Scotts has created a life-sized macaron race car, led by their Culinary Executive Chef, Abraham Tan, and his team of five chefs and two engineering technicians. In conjunction with123 words
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ARTS
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Article, Illustration489 2011-08-19 35 DYLAN TAN - By DYLAN TAN FAMILY OUTING has many things going for it recognisable faces in the cast such as Lim Kay Siu and Karen Tan, the familiar local setting and Singlish and, most of all, the breeziness of playwright Joel Tan’s storytelling. But for a play that489 words
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Article, Illustration520 2011-08-19 35 NATALIE KOH - By NATALIE KOH RACE and religion have long been sensitive topics in Singapore. It’s been drilled into our minds that avoiding our differences can only mean good things for society. But the restaging of Nadirah, by playwright Alfian Sa’at, on Wednesday night at the Drama520 words
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Article, Illustration915 2011-08-19 35 NATALIE KOH - Caressing decapitated heads and a boy romping in the buff in a stable such controversial scenes are seen in two separate shows over the coming weeks, previews NATALIE KOH previews NATALIE KOH SHE seduced her stepfather, King Herod, into executing John the Baptist and askingPHOTO: ESPLANADE - 915 words
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Article, Illustration663 2011-08-19 35 FAMED for being the show that saw Daniel Radcliffe in the nude when it was staged on West End (2007) and Broadway (2008), Equus will be having its own Singapore version, staged by Toy Factory Productions, bare bottoms and all. Starring Ethan Chia in his debutACE PIX - 663 words
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Article, Illustration638 2011-08-19 35 CHEAH UI-HOON - By CHEAH CHEAH UI-HOON ADMITTEDLY, the thought foremost in my mind going into Alfian Saat’s Cooling Off Day was how he was going to lampoon the infamous Tin Pei Ling, one of the five People’s Action Party (PAP) members of the Marine Parade GRC (Group638 words
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GAMING/ARTS
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Article, Illustration1166 2011-08-19 36 CHRISTOPHER LIM - Celestial Pictures redraws the film marketing battle lines by leveraging on an intuitive game version of its first major movie in five years, My Kingdom for both the Web and iPhone, reports CHRISTOPHER LIM reports CHRISTOPHER LIM GENERATING buzz for movies by launching tie-in games for mobile1,166 words
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Article, Illustration866 2011-08-19 36 MADHVI SUBRAHMANIAN - By MADHVI SUBRAHMANIAN “I GREW up in one of the most rural states in In-dia-Bihar. The rural world of fields and farms with its pure and natural living was what I was truly in love with and forever inspired by,” says Shambhavi, the artist-in-residence atPHOTOS: SINGAPORE TYLER PRINT INSTITUTE - 866 words
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Article, Illustration549 2011-08-19 36 ENYA LIM - By ENYA LIM “ANIMATED” barely describes the onstage antics of Israel-based a cappella performance group, the Voca People. “Energis-er-bunny” would probably be a more accurate summation of their vigour and liveliness. In town last weekend for their first-ever show in Asia, this dynamic band of eight characters Tubas549 words
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CINEMA/BOOKS
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Article, Illustration512 2011-08-19 37 CHRISTOPHER LIM - BOOK REVIEW By CHRISTOPHER LIM SOME say that scientists and engineers should never become novelists because they tend to pen hard science fiction a subgenre of sci-fi characterised by mind-numb-ing attention to detail and depressingly pessimistic realism; very much an acquired taste. Daniel H Wilson breaks512 words
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Article, Illustration506 2011-08-19 37 DYLAN TAN - By DYLAN TAN TO TELL anyone that Incendies ends with one wallop of a twist might be spoiling it but perhaps that’s a necessary evil to get people to watch this little-known film and persevere through its two-hour-plus running time. Yes, it does go on longer than itPHOTOS: SONY PICTURES - 506 words
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Article, Illustration639 2011-08-19 37 DYLAN TAN - Christopher Plummer and Ewan McGregor tug at the heartstrings in a bruising story, reviews DYLAN TAN reviews DYLAN TAN THERE’S something deeply raw, honest and refreshing about Mike Mills’s Beginners, a gem of a movie starring Ewan McGregor and Christopher Plummer. There are a couple ofPHOTOS: FOCUS FEATURES - 639 words
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Page 38 Advertisements
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Advertisement13 2011-08-19 38 GAMING Game on as HK film company redraws marketing battle lines PAGE 3613 words
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