The Business Times, 8 May 2015
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2015-05-08
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The Business Times
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Title Section25 2015-05-08 1 THE BUSINESS TIMES S$1.00 S|jh A SINGAPORE PRESS HOLDINGS PUBLICATION www.businesstimes.com.sg G C ©BTBreakingnews CO REGN NO *****2868E MCI (P) 051/08/2014 Friday, May 8, 2015G25 words
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Article, Illustration222 2015-05-08 1 US Federal Reserve chair Janet Yellen said that stock prices were “quite high”, stronger language than she had used previously. TOP STORIES 2 when it comes to buying insurance, consumers still prefer seeking financial advice to buying direct purchase plans even they mean lower premiums.TOP STORIES 4 Add222 words
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Article27 2015-05-08 1 Thursday Change STI 3,432.78 -27.01 KL COMP 1,805.10 -15.87 NIKKEI 225 19,291.99 -239.64 HANG SENG 27,289.97 -350.94 SHENZHEN B 1,423.01 -13.81 DOW (noon EDT) 17,910.75 +68.7727 words
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652 2015-05-08 1 Claire Huang - Just a month in, at least one insurer has re-priced some of its products listed in portal site compareFIRST By Claire Huang huangjy@sph.com.sg @ClaireHuangBT Singapore A MONTH after the launch of a one-stop web aggregator that lets consumers compare life insurance652 words
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932 2015-05-08 1 Chuang Peck Ming - By Chuang Peck Ming peckming@sph.com.sg @PeckmingBT Singapore THE International Monetary Fund (IMF) expects slower economic growth in China to drag Singapore’s 2015 growth down “modestly” to below the 3.0 per cent the IMF had earlier projected. Singapore’s on-going economic restructuring932 words
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Page 1 Advertisements
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Advertisement97 2015-05-08 1 Hill 8 '*****1 *****4 A BUMPER YEAR SO FAR Local music amps it up LIFESTYLE 34 DISTINCTIVE TASTE PROFILES Heady trove from the Rhone Valley WINE 31 HOCK LOCK SIEW SGX’s MTP: painful but necessary COMPANIES MARKETS 6 PROPERTY HDB resale prices ease less in mature areas real estate /1797 words
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Advertisement31 2015-05-08 1 Uptake of new direct-purchase insurance plans still low, Page 4 Alarm louder as Morgan Stanley ends bullish bet, Page 5 IPO exuberance could cause sustained rout in China’s market, Page 531 words
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TOP STORIES
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Article, Illustration561 2015-05-08 2 Fed chief says volatility of financial markets could rise when the benchmark interest rate is raised NYT Washington JANET Yellen, the Federal Reserve chairwoman, said on Wednesday that stock prices were “quite high”, stronger language than she had used previously. Ms Yellen reiterated the Fed’sNYT; PHOTO: AFP - 561 words
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Article, Illustration711 2015-05-08 2 REUTERS AFP London THE cost of protection against overnight swings in the British pound jumped to its highest in five years on Thursday as Britons headed to vote in the most unpredictable general election for decades. And while a rise inREUTERS; AFP; PHOTO: REUTERS - 711 words
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608 2015-05-08 4 Fiona Lam - Singapore’s life insurance industry records marginal fall in weighted new business premiums By Fiona Lam fionalam@sph.com.sg Singapore WHEN it comes to buying insurance, consumers still prefer seeking financial advice to buying direct-purchase plans even if direct-purchase plans mean lower premiums, since neither608 words
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Article, Illustration598 2015-05-08 4 Chan Yi Wen - By Chan Yi Wen yiwenc@sph.com.sg @ChanYiWenBT Singapore GERMAN specialty chemicals company Evonik Industries, which produces oil additives for the global lubricant, fuel and refinery process markets, on Thursday unveiled its expanded oil additives plant in Singapore. Plans to expand the Jurong598 words
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603 2015-05-08 4 Pauline Ng - By Pauline Ng btworld@sph.com.sg Kuala Lumpur A DECISION by Malaysia’s Tabung Haji (TH) or Pilgrims Fund to acquire a plot of land in Kuala Lumpur’s Tun Razak Exchange (TRX) for RM188.5 million has raised concerns that govern-ment-owned603 words
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Article, Illustration389 2015-05-08 4 REUTERS Jakarta INDONESIA’S energy minister said on Thursday he would ask for President Joko Widodo’s approval for the country to rejoin Opec seven years after leaving the oil exporters’ group. Indonesia was the only Asian member of the Organization of the Petroleum ExportingREUTERS; PHOTOS: AFP, REUTERS - 389 words
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Article, Illustration852 2015-05-08 5 BNP Paribas also sells HK-listed Chinese shares on concern about ballooning mainland margin debt CHINA STOCK BUBBLE? BLOOMBERG Hong Kong ADD Morgan Stanley and BNP Paribas Investment Partners to the list of forecasters sounding an alarm about China’s stock market. Jonathan Garner,BLOOMBERG; PHOTO: REUTERS - 852 words
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400 2015-05-08 5 John Foley - By John Foley iKS REUTERS BREAKINGV1EWS Beijing THE 6 per cent dip in Shanghai stocks over just three days could be the end of a 10-month bull market. More likely, speculation is changing form, and the exuberance is being diverted intoiKS REUTERS BREAKINGV1EWS - 400 words
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Advertisement88 2015-05-08 2 37 TEA V °S CRUS P^‘ wm\\ TK A ®l H7i ->■<; .v»kA r hi,1. TVW P r s :v^5. aw r» i TS^5 VVW II i 1 V I s-i >> rI X IS r t-i V/ :r/ 0* x J ‘■Jv •J. -,.:■-?*>** Darjeeling Nouveau 2013 An exceptional88 words
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Page 4 Advertisements
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Advertisement6 2015-05-08 4 Buying Local Arts and Oil Painting6 words
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Advertisement108 2015-05-08 4 Striving for Excellence Established since 1988 Tom > la h. 'vm /We specialise in; Interior Designing Renovation Works Carpentry works Home Automation Space Planning Mechanical Electrical Works Building Maintenance Services Turn-Key Projects Construction A-A Works a We design Dpeirp what you MW5MI tS Please visit our website to view our108 words
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Advertisement30 2015-05-08 5 3If you're looking to buy or rent an HDB apartment, turn to the Print Classified Properties section. To advertise, call the Print Classified Hotline: 1800-289 9988. Need a room flat?30 words
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Advertisement191 2015-05-08 5 e.. m V. r ■.:>; P ?*n; V O JB IR i 0 v fm I -■•VW «5 w£ Q y '-V#, UL .V I N $feki V i.. it ,M 2 2 ?MW 5»* ite jfls AFFANDI I Oxen Carts I 1965 I Oil on canvas 100 x 130191 words
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COMPANIES & MARKETS
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467 2015-05-08 6 Melissa Tan - Double whammy for group as crude oil price slump takes toll on utilities and marine segments By Melissa Tan melissat@sph.com.sg @MelissaTanBT Singapore THINNER profits for its energy business dimmed first-quarter earnings for utilities firm Sembcorp Industries, which told a briefing on467 words
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Article, Illustration540 2015-05-08 6 Chan Yi Wen - By Chan Yi Wen yiwenc@sph.com.sg @ChanYiWenBT Singapore LIFTED by improved crushing margins, better performing consumer products and the absence of foreign exchange losses, agribusiness group Wilmar International’s net profit for its first quarter ended March 31, 2015, jumped 49.1 per cent to US$241.2PHOTO: REUTERS - 540 words
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694 2015-05-08 6 R SIVANITHY - HOCK LOCK SIEW BY R SIVANITHY sivan@sph.com.sg @RSivanithyBT EVEN though it has been more than a year since the Singapore Exchange (SGX) proposed the introduction of a minimum trading price (MTP) of S$0.20 for stocks to remain listed on the mainboard, and even694 words
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Article, Illustration520 2015-05-08 7 Fiona Lam - Distributable income falls 3.1% on weaker showing from Mandarin Orchard hotel By Fiona Lam fionalam@sph.com.sg Singapore OUE Hospitality Trust (OUE H-Trust) posted on Thursday a 3.1 per cent year-on-year fall in distributable income from S$22.1 million to S$21.4 million for the first quarterFILE PHOTO - 520 words
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401 2015-05-08 7 Kenneth Lim - By Kenneth Lim kenlim@sph.com.sg @KennethLimBT Singapore LIPPO Malls Indonesia Retail Trust’s first-quarter distribution per unit (DPU) rose 16.2 per cent to 0.79 Singapore cent as it enjoyed a full quarter of contribution from a Jakarta shopping centre. Distributable income401 words
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CORPORATE DIGEST
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Article125 2015-05-08 7 TIONG Woon Corp Holding's third-quarter net profit fell 41 per cent to S$2.3 million, or 0.49 Singapore cent per share, amid a slowdown in the heavy lift and haulage business, the heavy lift specialist announced on Thursday. For the nine months to March, net profit fell125 words
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Article126 2015-05-08 7 BONVESTS Holdings' first-quarter net profit increased 5 per cent to S$7.9 million, or 1.954 Singapore cents per share, as most key business units posted better sales, the developer said on Thursday. The stock closed at S$1.33 on Thursday before the results were announced. Profit from the industrial division126 words
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Article114 2015-05-08 7 IREIT Global hit its first-quarter distribution per unit indication of 1.04 euro cents as distributable income just missed its own forecast by 0.6 per cent, the real estate investment trust (Reit) that holds German office assets announced on Thursday. On a Singapore-dollar basis, distribution per unit is 1.61114 words
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50 2015-05-08 7 LI HENG Chemical Fibre Technologies expects to report a first-quarter net loss on May 12 due to weak market demand and squeezed margins, the nylon yarn maker said on Thursday. Li Heng's shares closed flat at 14 Singapore cents on Thursday before the profit warning.50 words
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Article, Illustration464 2015-05-08 7 Kalpana Rashiwala - By Kalpana Rashiwala kalpana@sph.com.sg @KalpanaBT Singapore FEWER ongoing development projects and lower rental income from investment properties due to asset enhancement work at one of its properties led to Fragrance Group posting a 32.2 per cent drop in firstquarter net profit. TheFILE PHOTO - 464 words
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Article, Illustration760 2015-05-08 8 R Sivanithy - Banks provide the main drag as the index falls 27 points, taking it below 3,450 for the first time since end-March STOCKS By R Sivanithy sivan@sph.com.sg @RSivanithyBT THE Straits Times Index (STI) on Thursday fell 27.01 points to 3,432.78, a fourth consecutive loss that tookSource: Bloomberg - 760 words
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Article307 2015-05-08 8 Stock name Close Change Day high/low 52w high 52w low PE Div yield Mcap Ascendas Reit 245 unch 245/243 271 219 6 6195.5 CapitaLand 360 xd -16 365/359 379 293 13.2 2.5 *****.9 CapitaMall Trust 214 -2 215/209 228 188.5 5.1 7425.2 CityDev 1028 -18 1047/1025 1095 915307 words
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Article33 2015-05-08 8 VOLUME Federal Int 78,539,900 SinoConstruction 62,611,800 MDR 49,385,700 Noble 42,597,100 IHC 41,645,200 Market volume 1,635,748,000 VALUE Singtel 62,949,892 UOB 58,341,992 DBS Grp 58,221,327 CapitaLand 56,216,738 OCBC Bank 54,669,731 Market value 1,127,432,00033 words
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Article111 2015-05-08 8 Most Active Fund Last sale +/-(‘000) Day high/low 52w high/low Buy/Sell Mcap UETF SSE50China 289 -5 286 293/288 318/140 288/289 90.3 STI ETF 346 -4 275 349/346 355/319 346/347 DBXT CSI300 US$ US1218 -29 223 1240/1213 1325/615 1215/1218 IS MS India US$ US709 -13 80 722/709 1000/636 709/712111 words
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Article77 2015-05-08 8 May 7 VALUE CLOSE BT OB/OS -580.00 -115.00 BT CADI -*****.00 -218.00 BT 10-day MA -*****.00 -58.00 FTSE ST Mid Cap 783.75 -7.49 FTSE ST Small Cap 491.36 -7.01 FTSE ST All Share 823.59 -7.01 FTSE ST China Top 207.09 -2.88 FTSE ST China 242.46 -3.58 FTSE77 words
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Article, Illustration35 2015-05-08 8 STI FTSE ST All-Share ftse ST All-Share index May 7,2015 823.59 -7.01 (-0.84%) Current streak 4 days Day high 827.76 Day low 822.38 52-week high 847.98 (Apr 15, 2015) 52-week low 762.71 (Oct 16, 2014)35 words
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Article, Illustration33 2015-05-08 8 STI MSCI EAFE MSCI EAFE index May 6,2015 1,911.03 +11.20 (+0.59%) Current streak 1 day Day high 1,914.47 Day low 1,895.29 52-week high 1,995.49 (July 3, 2014) 52-week low 1,697.01 (Jan 7, 2015)33 words
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Article186 2015-05-08 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 5 7 4 0 0 0 5 7 4 Manufacturing 34 67 38 3 14 12 37 81 50 Commerce 13 28 20 0 8 7 13 36 27 Tpt/Stor/Comms 6 27 8186 words
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Article121 2015-05-08 8 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 18,891 18,891 75,723 75,723 Manufacturing 168,768 50,909 219,677 108,009 4,776 112,785 Commerce 167,503 73,577 241,080 88,678 3,342 92,019 Tpt/Stor/Comms 124,192 250 124,442 171,824 18 171,842 Finance 44,733 139 44,872 210,298 27 210,325 Construction 78,781 11,212121 words
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Article77 2015-05-08 8 BY CENTS CLOSE UP 52w high/low Lyxor Europe US$ 1509 13.3 0.7 1678/1338 SGX 848 11.0 1.3 867/680 IS ASIA HYG S$D 1431 8.0 0.6 1477/1343 Lyxor AsiaRE US$ 1094 8.0 0.6 1114/887 Venture Corp 789 7.0 0.9 867/716 BY PERCENTAGE CLOSE UP 52w high/low TEE Intl W*****6 377 words
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Article75 2015-05-08 8 BY CENTS CLOSE DOWN 52w high/low DBXT Nifty US$ ***** -598.5 -3.4 *****/***** DBXT MSAsExJp US$ 3854 -238.1 -4.4 4064/3048 GLD US$ ***** -134.3 -0.9 *****/***** DBXT MSKorea US$ 5955 -126.4 -1.6 6735/5484 JMH USD 6060 -123.7 -1.5 6788/5700 BY PERCENTAGE CLOSE DOWN 52w high/low GlobalYellow W*****5 0.1 -50.075 words
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Article80 2015-05-08 8 VOL CLOSE($) CHANGE Infinio 8,300.0 0.002 -0.001 -33.33 China Hongcheng^ 3.1 0.012 +0.005 +71.43 Chinese Global 130.0 0.007 -0.005 -41.67 Linc Energy 18,491.5 0.215 -0.060 -21.82 ChinaKundaTech^ 648.0 0.032 +0.003 +10.35 Pavillon 423.0 0.085 +0.010 +13.33 Ouhua Energy^ 274.3 0.028 +0.007 +33.33 Asian Micro 286.0 0.016 -0.002 -11.1180 words
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Article476 2015-05-08 8 Teh Shi Ning - Petra Foods Sell May 7 close: S$3.60 Fair value: S$3.61 OCBC Investment Research, May 7 Petra Foods’ Q115 revenue was down 13.5 per cent year-on-year to US$106.2 million and formed 20 per cent of our FY15 forecast. Patmi stood at US$7.7 million, which was 42.8 per cent lower476 words
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432 2015-05-08 9 CURRENCIES REUTERS London THE euro fell from a 10-week peak against the US dollar on Thursday, tracking benchmark German bund yields as they retreated from a 5½-month high on a choppy day of trading. As Britons voted in the most uncertainREUTERS - 432 words
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FOREX RATES
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Article471 2015-05-08 9 May 7 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.959 4.935 0.700 6.164 50.999 104.423 0.949 8.666 2.863 1.062 80.879 35.544 1.058 9.618 0.726 24.449 26.644 0.523 0.795 Canada 1.042 5.143471 words
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Article155 2015-05-08 9 May 7 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.0572 1.0579 0.7948 0.7952 Canadian dollar 1.1021 1.1024 0.8286 0.8286 Euro 1.5111 1.5120 1.1361 1.1365 NZ dollar 0.9954 0.9963 0.7484 0.7489 Sterling pound 2.0229 2.0243 1.5209 1.5216155 words
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Article22 2015-05-08 9 May 7 S$ Bid Offer 1-month 1.3309 1.3314 2-months 1.3319 1.3324 3-months 1.3322 1.3329 6-months 1.3351 1.3360 Source: OCBC22 words
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EQUITY BONDS WARRANTS FUTURES
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209 2015-05-08 9 May 7 Most active Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left KepCorp MB eCW*****1 8.8 -0.5 4709 0.2 930 4 OCBC Bk MB eCW*****3 7.1 -0.7 3930 0.2 1120 6 Rowsley Ltd W*****3 3.4 unch 3781 1 18209 words
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373 2015-05-08 9 In local curr In S$ In US$ dy yr dy yr dy yr May 6 Index Change Change Change Change Change Change World Preliminary 1336.1 -0.3 4.7 -0.6 3.7 0.1 3.9 EAFE Preliminary 1083.3 -0.4 9.8 -0.2 7.5 0.6 7.7 Europe Preliminary 1511.4 -0.3 9.4373 words
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Article413 2015-05-08 9 May 7 OPEN HIGH LOW SETT VOL OP/INT FTSE CHINA A50 INDEX FUTURES SPOT *****.99 *****.99 *****.75 May15 *****.00 *****.50 *****.00 *****.00 *****1 *****8 Jun15 *****.00 *****.00 *****.50 *****.50 5255 7259 NIKKEI 225 INDEX FUTURES SPOT *****.46 *****.08 *****.85 Jun15 *****.00 *****.00 *****.00 *****.00 ***** *****0 Sep15413 words
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BANK RATES
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Article154 2015-05-08 9 May 7 $S Offer Bid 0vernight 0.10 0.05 1-month 0.75 0.625 2-months 0.8125 0.6875 3-months 0.875 0.75 Overnight mode: 0.75 US$ Offer Bid 7 days 0.17 0.07 1 month 0.23 0.13 2 months 0.28 0.18 3 months 0.40 0.20 6 months 0.60 0.40 9 months 0.70 0.50 12154 words
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Article36 2015-05-08 9 May 7 1 mth 1 mth 0.***** 2 mths 3 mths 0.***** 6 mths 0.***** 9 mths 12 mths 1.***** SWAP Offer rates 1 mth 0.***** 3 mths 0.***** 6 mths 1.***** SOUTCBC THOMSON RBLKBTS36 words
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Article69 2015-05-08 9 May 7 May 7 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0Z 2.375 01-Apr-17 102.23 102.28 102.28 5-Year N*****0H 1.625 01-Oct-19 99.47 10-Year NY*****H 3.000 01-Sep-24 104.3 105.03 104.40 15-Year NY*****E 2.875 01-Jul-29 101.88 102.70 101.90 20-Year NZ*****V 3.375 01-Sep-33 106.6669 words
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AGRI METALS ENERGY
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Article193 2015-05-08 9 May-6 Price Net change change Last Trade Agricultural May-6 CBOT Soybeans (US cents/bu) 990.50 -3.00 -0.30% 14/05/2015 CBOT Soybean Oil (US cents/lb) 32.75 -0.13 -0.40% 14/05/2015 CBOT Wheat (US cents/bu) 475.75 11.75 2.53% 14/05/2014 May-6 LIFFE Cocoa (£/tonne) 1989.00 -13.00 -0.65% 13/05/2015 LIFFE Coffee (US$/tonne) 1692.00 -43.00 -2.48%193 words
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Article57 2015-05-08 9 May 7 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position May 15 2153.0 2156.0 2163.0 2152.0 93 842 Jun 15 2170.0 2179.0 2184.0 2169.0 2518 ***** Jul 15 2167.0 2173.0 2179.0 2161.0 ***** ***** Aug 15 2169.0 2172.057 words
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460 2015-05-08 10 Nisha Ramchandani - By Nisha Ramchandani nishar@sph.com.sg @Nisha_BT Singapore RETAIL and lifestyle group FJ Benjamin Holdings saw its net loss for the third quarter ended March 31, 2015, widen from S$4.87 million a year ago to S$6.98 million, as revenue fell on the back of460 words
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446 2015-05-08 10 Kenneth Lim - Profit from continuing operations and before exceptional items is S$25.7m By Kenneth Lim kenlim@sph.com.sg @KennethLimBT Singapore FRASER and Neave’s (F&N) sec-ond-quarter comparable profit slipped 1.5 percent before exceptional items despite a bubbly beer business, the food and beverage company announced on446 words
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459 2015-05-08 10 Prisca Ang - By Prisca Ang prisang@sph.com.sg Singapore TWENTY Singapore-listed companies have made it to the list of Forbes’ latest Global 2000, a ranking of the world’s biggest public companies using a composite score based on revenues, profits, assets and market value. The 20 companies include459 words
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Advertisement17 2015-05-08 6 www.omy.sg m «MDt—))MV n y ss®*. m SCAN B WATCH NOW d f A showbiz.omy.sg Vi i17 words
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Advertisement43 2015-05-08 6 MONEY, MONEY, MONEY India tops global remittances with US$70 billion, with some help from Indian residents in Singapore IT’S QUALITY OVER QUANTITY FOR TAMIL STAR NAKUL GET YOUR COPY TODAY FROM ALL 7-ELEVEN OUTLETS TO ADVERTISE: CALL SHAN (*****861) KALWANT (*****327) NISHAL (*****438)43 words
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Advertisement109 2015-05-08 6 MAY ISSUE OUT NOW! THE SIXTH ANNUAL HWM HWZ.COM TECH AWARDS SINGA P OR E THE POWER TO DECIDE MAY 2015 S$6.90 WWW.HARDWAREMAG.COM THE FUTURE OF AUTOMOBILES IS DIGITAL T H I N K BEWARE THE DIGITAL DARK AGE SMARTWATCHES, THE SWISS FIGHT BACK VIRTUAL REALITY TAKES FLIGHT L E109 words
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Advertisement55 2015-05-08 7 <M> M A C S K INAUGURAL SALE 8-31 May 2015 B »>; /•Si HR•9 Enjoy big savings and take home a design icon! 63 Mohamed Sultan Road, #01-U Sultan Link, Singapore *****2 Tel: 6443 2282 1 0.30am 7.30pm daily *Terms and conditions apply. Molteni&C ALEssi ARMANI /Dada FENDI CASA55 words
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Advertisement269 2015-05-08 10 AN ASME-LIANHE ZAOBAO AWARD Singapore Prestige Brand Award 15 The journey to brand excellence is paved with goals to achieve, milestones to mark and summits to conquer. Every step is a laudable effort in the ascent to the top. Brands that dare to venture beyond new frontiers will enter new269 words
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Advertisement28 2015-05-08 10 Blow your own trumpet Buy new musical instruments or put up your old ones for sale in CLASS 72 To advertise, call the Print Classified Hotline: 1800-289 998828 words
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BANKING & FINANCE
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Article, Illustration585 2015-05-08 11 It will offer 194m new shares, raising A$5.5b as it boosts capital ahead of rule changes BLOOMBERG Sydney NATIONAL Australia Bank Ltd (NAB) said that it plans to raise A$5.5 billion (S$5.8 billion) in the country’s biggest ever rights issue, as the lender boostsBLOOMBERG; PHOTO: BLOOMBERG - 585 words
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682 2015-05-08 11 universe of bonds they hold.” BLOOMBERG London THEY are the ideas men, pitching strategies to colleagues on London trading desks at banks from Citigroup Inc to Morgan Stanley. Now, they are leaving in droves to join investment firms. At leastuniverse of bonds they hold.” BLOOMBERG - 682 words
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419 2015-05-08 11 BLOOMBERG New York VIRTU Financial Inc, one of the world’s biggest high-speed trading firms, wants to set up shop in China. Virtu, which uses automated market-making strategies to buy and sell everything from stocks to currencies and commodities, is in the early stages of thatBLOOMBERG - 419 words
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Advertisement1414 2015-05-08 11 A French Corporation founded in 1864 Head Office: 29, Boulevard Haussmann-***** Paris France BOARD OF DIRECTORS (at January 1, 2015) CHAIRMAN AND CEO: Frédéric OUDÉA FIRST VICE-CHAIRMAN: Anthony WYAND SECOND VICE-CHAIRMAN: Lorenzo Bini SMAGHI DIRECTORS: Robert CASTAIGNE Kyra HAZOU Nathalie RACHOU France HOUSSAYE Michel CICUREL Jean-Bernard LÉVY Alexandra SCHAAPVELD Béatrice1,414 words
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ENERGY & COMMODITIES
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759 2015-05-08 12 These govt-linked entities are taking a long-term view and using the global downturn to squeeze suppliers and grab market share BLOOMBERG London AS the oil industry tightens its belt after the worst price slump in a generation, theBLOOMBERG - 759 words
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546 2015-05-08 12 BLOOMBERG Hanoi COFFEE farmer Bui Van Trong is planning to switch as much as 15 per cent of his five-acre farm to pepper after prices more than tripled in five years. “When I have profit from it, I’ll be less worried byBLOOMBERG - 546 words
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351 2015-05-08 12 It sticks to iron ore plans despite price dip REUTERS Perth RIO Tinto vowed to continue producing iron ore at full tilt, despite a 55 per cent plunge in prices since the start of last year, underpinned by its forecast that China’s steel demandREUTERS - 351 words
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Advertisement324 2015-05-08 12 x DBS presents thesundaytimes INVE$T SEMINAR2015 THE GRAND BALLROOM, THE RITZ CARLTON, MILLENIA SINGAPORE SATURDAY, 30 MAY 2015,9.30AM TO 2PM It's never too early to think of retirement. And it's never too late to start investing. Want to get started but unsure of how to take the first step? Come324 words
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TECHNOLOGY
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Article, Illustration548 2015-05-08 13 But developers are bound by exacting set of standards set by Apple WP Cupertino, California APPLE on Tuesday said that it will let outside companies design bands for the Apple Watch. But to get the official stamp of approval you’ll needWP; PHOTO: BLOOMBERG - 548 words
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301 2015-05-08 13 AFP Seoul SAMSUNG kicked off on Thursday the construction of a new chip plant to help fuel growth as smartphone sales slow, saying it would invest 15.6 trillion won (S$ 19 billion) until production begins in 2017. The South Korean electronics giant, whichAFP - 301 words
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265 2015-05-08 13 REUTERS London BRITISH data centre provider Telecity Group plc said it had decided to enter into takeover talks with Equinix Inc, throwing into doubt a US$2.2 billion all-share deal to buy Interxion Holding NV agreed almost three months ago. Telecity, whichREUTERS - 265 words
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368 2015-05-08 13 AFP Las Vegas A STARTUP company wants to make your emails vanish forever but in a good way. Confidential CC, has created an application that lets people send self-destructing messages from whatever email accounts they fancy. Unlike rival apps dedicated to sendingAFP - 368 words
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Page 13 Advertisements
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Advertisement2403 2015-05-08 13 The Business Times NOTICES i IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF LANDSCAPE RESOURCES PTE. LTD. (INCORPORATED IN SINGAPORE) COMPANY REGISTRATION NUMBER: *****1407R Notice of Resolution for Member’s Voluntary Winding Up (Pursuant to Section 290) At the Extraordinary General Meeting of Landscape Resources2,403 words
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Advertisement257 2015-05-08 14 11 ■V -iJCf W 4 1? ORRI s' IS -f 3^ 7 *> m> m > k U X f r Jf >s fUr s ll S\NG Featuring Lang Lang and Apl.de.ap A MEGA CONCERT CELEBRATING 50 YEARS OF SINGAPORE MUSIC 7 AUGUST 2015, 7.30PM, NATIONAL STADIUM TICKETS ON SALE257 words
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CONSUMER
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Article, Illustration511 2015-05-08 15 4,500 jobs to go as earnings from operations fall 4.9% on falling oil price, taking cuts since Dec to 13,100 BLOOMBERG Munich SIEMENS AG, Europe’s largest engineering company, will cut another 4,500 jobs after second-quarter profit fell more than analysts estimated, burdenedBLOOMBERG - 511 words
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428 2015-05-08 15 BLOOMBERG New York THE world’s biggest companies are in a race against the clock. Apple Inc, the most valuable company on the planet, and Royal Dutch Shell are raising cash in the US bond market, taking what may be one of the last chancesBLOOMBERG - 428 words
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435 2015-05-08 15 REUTERS Paris ALEXION Pharmaceuticals Inc on Wednesday said it agreed to buy Synageva BioPharma Corp for US$8.4 billion, more than twice its market value, to expand its offering of potentially high-priced medicines for rare diseases. Alexion’s willingness to pay an eye-popping premium forREUTERS - 435 words
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330 2015-05-08 15 REUTERS Paris TELECOM equipment maker Alca-tel-Lucent, which is set to be bought by larger rival Nokia, improved profit margins in the first quarter despite a marked sales slowdown in its biggest market, the United States. Although it reported a net loss,REUTERS - 330 words
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Page 15 Advertisements
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Advertisement3332 2015-05-08 15 The Business Times NOTICES Toll free 1800-289-8822 Email nolices@sph.conn.sg www.sphclass.com.sg/notices IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF THE STRAITS SUGAR COMPANY PTE. LTD. (IN MEMBERS’ VOLUNTARY LIQUIDATION) CO. REG. NO. *****6038M NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the Company held3,332 words
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GOVERNMENT & ECONOMY
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919 2015-05-08 16 It needs reforms that reorient the economy away from reliance on real estate, heavy industry, external demand REUTERS BLOOMBERG Singapore CHINA should allow greater flexibility in its exchange rate policy by reducing intervention, as part of its efforts toREUTERS; BLOOMBERG - 919 words
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Article, Illustration555 2015-05-08 16 LATEST US DATA BLOOMBERG Washington FEWER Americans than forecast filed applications for unemployment benefits last week, dropping the average over the past month to the lowest in 15 years, indicating companies are holding on to workers. Jobless claims increased by 3,000 to 265,000BLOOMBERG; PHOTO: BLOOMBERG - 555 words
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684 2015-05-08 16 BLOOMBERG Kuala Lumpur MALAYSIA’S central bank left its key interest rate unchanged for a fifth straight meeting, refraining from adding stimulus as policy makers assess the impact of a new tax on price pressures and consumption. BankBLOOMBERG - 684 words
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Article, Illustration574 2015-05-08 16 XINHUA Brussels THE China-initiated Silk Road Economic Belt and the 21 st Century Maritime Silk Road will bring more benefits for European nations hungry for investment, European Commission (EC) president Jean-Claude Juncker has said. “I can see and IXINHUA - 574 words
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Page 16 Advertisements
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Advertisement18 2015-05-08 16 Three-day loss for China stock market signals endof bull run? To subscribe, call 6388-3838 or go to sphsubscription.com.sg18 words
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REAL ESTATE
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810 2015-05-08 17 SRX flash estimate for April also shows that the volume of HDB resale flat transactions was the highest in two years Singapore SRX Property’s April flash estimate showed that overall resale prices of Housing Development Board flats have eased 6 per cent810 words
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Article, Illustration470 2015-05-08 17 Elizabeth Mak - By Elizabeth Mak eamak@sph.com.sg Singapore SUNRAY Woodcraft Construction, a local interior fit-out SME, officially opened its integrated headquarters in Sungei Kadut on Thursday, in conjunction with its 28th anniversary. The 181,000 square feet compound houses the company’s office, showrooms, warehouse, worker’s dormitory470 words
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225 2015-05-08 18 STRAITS TIMES ONLINE Singapore THE Ministry of National Development (MND) has terminated the tender awarded to Eternal Pure Land (EPL) for the development of a Chinese temple and columbarium at a site in Fernvale Link at Sengkang. The ministry said in aSTRAITS TIMES ONLINE - 225 words
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Article148 2015-05-08 18 BLOOMBERG Singapore INDIA eased rules to allow overseas investments in real estate investment trusts, bringing the country one step closer to as much as US$20 billion of listings. Reits will be allowed as an eligible financial instrument under the Foreign Exchange Management Act, the governmentBLOOMBERG - 148 words
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1206 2015-05-08 18 A variety of methods are used to prevent theft; anything that can be slipped into a pocket or a bag is vulnerable WP Washington THE silver-plated Christofle knife rests glitter on the dining room table at the 2015 DC DesignWP - 1,206 words
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Article, Illustration959 2015-05-08 19 Some architects and preservationists raise strong objections to planned design changes to famed restaurant; owner scales back part of proposal NYT New York WITH its sleek elegance and white marble pool of bubbling water, the Four Seasons restaurant in the landmark Seagram BuildingNYT; PHOTO: NYT - 959 words
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Page 17 Advertisements
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Advertisement610 2015-05-08 17 Formula For Workplace Success: Dress Right, Influence Positively, Reach Out Optimally Who should attend: Managers, Directors, Business Owners, Sales Professionals and Executives. FULL-DAY WORKSHOPS Brain-Influencing Secrets To Trigger 'Yes' Responses In People In the past 10 years, scientific discoveries have uncovered new communication keys one can use to appeal to610 words
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Page 18 Advertisements
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Advertisement686 2015-05-08 18 $1.50psf $350psf ONWARDS PAYA UBI INDUSTRIAL PARK LEASE SALE 200 to 7,500 sq ft Own parking space (not inclusive in listed area) Tel: 9090 2222 Office: 53 Ubi Avenue 1 #01-11 D04 HOUSE FOR SALE SENTOSA Bungalow Sentosa 3½-Storey 8159 sqft, 6+1 ensuite, 2 living, Pool, Lift, Berth. Also for686 words
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Page 19 Advertisements
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Advertisement587 2015-05-08 19 29 Paya Lebar Road Paya Lebar Office Centre For Lease: 2 blocks of self-contained office available immediately Built-in area 500 11,000 sf. Single or Multi tenants 1 min to Paya Lebar MRT City Plaza Shopping Centre Ready w/light, aircon, water attached toilet Big Carpark YKI 6848 4666 D15 HOUSE FOR587 words
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VEHICLE & LIFESTYLE
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Article, Illustration1357 2015-05-08 20 Kishore Mahbubani - The secret to producing more with less is not longer hours but making happiness a way of life at work. By Kishore Mahbubani The writer is dean of the Lee Kuan Yew School of Public Policy, NUS, and author of The1,357 words
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Page 20 Advertisements
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Advertisement260 2015-05-08 20 BMW FOR SALE BMW 335I Coupe 9/2011 2 door,Twin Power Turbo, Facelift Edition. Best Deal in Town. $178,800. High Trade In. Low Interest Rate. 9112 6538 8126 7058 Classic BMW FOR SALE BMW 730Li 12/2011 730Li Sunroof. 1 Director owner. PML service with 1 year warranty. Auto blinds and tailgate.260 words
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LUXURY LIVING
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Article, Illustration883 2015-05-08 21 Belinda Wan - Get the inside take on current interior design and furniture trends. By Belinda Wan IT is the place you spend most of your time, when you are not at work or out and about. Home can be more than a shelter. Home can be an883 words
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Article, Illustration553 2015-05-08 22 Hafiz Rasid - Premium beds designed to provide comfort and luxury for sweet slumber. By Hafiz Rasid THE right bed or mattress matters when it comes to getting quality sleep. Sleep is priceless, especially if you are one of those who struggle with wakefulness at bedtime. The553 words
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Article, Illustration265 2015-05-08 23 Craving for sleep? Try out these tips for a good night’s rest. Place the bed away from windows Putting your bed next to the window invites bright sunshine in the morning and outdoors light sources at night. This interrupts your sleeping pattern, especially for265 words
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Article, Illustration152 2015-05-08 24 Looking for classic pieces of furniture that can last a lifetime? Solid wood furniture is a good choice to consider. Whichever style of interior deco you choose for your home, wood is a good material to turn to when selecting your furniture. Wood furniture adds152 words
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Article, Illustration216 2015-05-08 24 Cleaning wood furniture the wrong way can damage the finish. Preserve your fine wood furniture with these pointers. Use a soft fibre cloth Remove dust by wiping with a soft cotton fibre cloth to avoid scratching the surface of the wood. When cleaning with soaps,216 words
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Article, Illustration221 2015-05-08 24 Cheryl Chia - Handcrafted pieces to add style to your home. By Cheryl Chia QUALITY and evergreen wooden furniture can stand the test of time, especially if they are made from imperial quality wood. Once used by royal families of China for their furniture, the jinsi nanmu or Golden Thread221 words
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Article, Illustration292 2015-05-08 25 Amanda Ng - By Amanda Ng THE Meridiani brand of furniture was born out of a simple idea to design a home collection that was an interpretation of classic themes with a modern elegance. Designed by Andrea Parisio, who attended the European Design Institute in Milan and graduated292 words
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Page 21 Advertisements
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Advertisement629 2015-05-08 21 ADVERTORIAL Jthefurnituremall living as you like it 10TOH GUAM ROAD The Art of Perfect Repose WHAT DEFINES A GOOD MATTRESS A well-deserved night’s rest begins with a best-value investment of a good mattress which provides support, comfort and high quality. Conventional innerspring mattresses are usually the most common choices amongst629 words
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Page 22 Advertisements
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Advertisement139 2015-05-08 22 /> ;?>■; v>. -4 v, SIMMONS V O' I tv. Si: DIAMOND IS THE NEW BLACK Asm beautyrest www.simmons.com.sg/beautyrestblack facebook.com/sea.simmons BLACK DREAM IN BLACK™ The all-new Simmons® Beautyrest Black® marries luxury and technology to transform your everyday sleep into the extraordinary. Simmons® Beautyrest Black® is carefully crafted with attention to139 words
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Page 23 Advertisements
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Advertisement86 2015-05-08 23 The TEMPUR Zero G Prestige Bed System TEMPUR The Perfect Bed to complement your luxurious lifestyle The newest adjustable bed system from TEMPUR combines sleeping comfort and lifestyle functionality with an exquisite design. This exclusive bed system offers the perfect position for any activity and also the flexibility of multiple86 words
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Advertisement118 2015-05-08 23 Commune SINGAPORE FLAGSHIP STORE 9 Raffles Boulevard #02-52 Millenia Walk Singapore *****6 'Pel. *****825 Mon Eri: 11.50AM 9PM Sal Sun: 11AM 9PM PEEL OL.TEET 28 Defn Lane 4 Defu Industrial Park Singapore *****4 Tel. *****086 Mon Eri: 9AM 5.45PM Sal Sun: 9AM TPM PARAGON STORE 290 Orchard Road #04-50 Paragon118 words
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Page 24 Advertisements
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Advertisement245 2015-05-08 24 @M£RONI YOUR DREAM HOME COMES TRUE fe><£$ fef> cS fc>C^ When Design becomes Fine Art M~ .< m M4 viE ST "r>— M r m s f&m******- 3s*M t tf > vw* UiSi6,'«..,., I, f£ 1 <w»in—m-—■ VIENA DINNING TABLE Use of the Babona veneer in the original wooden version245 words
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Page 25 Advertisements
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Advertisement35 2015-05-08 25 I t BACON SOFA MODULAR MILLER COFFEE TABLE PECK UNO SIDE TABLE DESIGN ANDREA PARISIO .vC/L iff! k fy i. ■v-f. MARQUIS MAROUIS@OSOUARE 16 TAI SENG STREET LI T:65.63S***** OPEN 11 AM 8PM DAILY WWW.MAROUIS.COM.SG35 words
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OPINION
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583 2015-05-08 26 EDITORIAL THE tantalising prospect of a high-speed rail (HSR) slicing through the coast of the Malaysian peninsula from Kuala Lumpur to Singapore where Jurong East has been identified as the terminus came a step closer to reality this week. The583 words
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Article807 2015-05-08 26 Simon Johnson - THE BOTTOM LINE By Simon Johnson T The writer is a professor at MIT’s Sloan School of Management and co-author of White House Burning: The Founding Fathers, Our National Debt and Why It Matters to You THE main financial risk facing the US today looks807 words
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Article, Illustration1450 2015-05-08 26 ANTHONY ROWLEY - He believes the central bank’s monetary policy can make it happen, although sustained price rises haven’t quite happened yet, and the soft oil prices haven’t helped. BY ANTHONY ROWLEY BY ANTHONY ROWLEY Baku, Azerbaijan DOUBT, it would seem, is not something which enters the1,450 words
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917 2015-05-08 27 Tan Min Lan, Christopher Swann - COMMENTARY By Tan Tan Min Lan, Christopher Swann T Ms Tan is head, Apac investment office, and Mr Swann, director in the chief investment office, UBS Wealth Management THE tiny Mediterranean nation accounts for just 2 per cent of the eurozone917 words
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LETTERS TO THE EDITOR
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353 2015-05-08 27 S Nallakaruppan - S Nallakaruppan THE Singapore Exchange’s Minimum Trading Price policy which is forcing mainboard-listed companies to consolidate their shares to remain listed on the mainboard is causing a lot of pain and distress to the companies as well as the long-suffering shareholders of353 words
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497 2015-05-08 27 Vincent Khoo - Vincent Khoo IT is not true that the minimum trading price (MTP) for Singapore Exchange mainboard shares works to the detriment of penny stock issuers and retail investors. (Minimum trading price rule seen working against share issuers, investors, BT, May 6.)497 words
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Article, Illustration1157 2015-05-08 27 LINDA LIM, HUI YEW FOONG - Indonesia’s recent execution of drug traffickers and slashing of fuel subsidies have borne this out.BY LINDA LIM AND HUI YEW FOONG out.BY LINDA LIM, HUI YEW FOONG T Prof Lim is professor of strategy at the Ross School of Business, and former director ofPHOTO: REUTERS - 1,157 words
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TRANSPORT
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Article, Illustration820 2015-05-08 28 Munich Airport boasts that it has become ‘Europe’s first five-star airport’ NYT New York AS major airports around the world scramble to brand themselves as luxury entities rather than mere transportation centres, some have adopted a star-ranking system, like hotels.NYT; FILE PHOTO - 820 words
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437 2015-05-08 28 BLOOMBERG Madrid DEUTSCHE Lufthansa is offering hybrid bonds for the first time as Germany’s biggest airline seeks to boost its credit rating. Lufthansa held a call with investors on Wednesday for a possible sale of securities combining elements of debt andBLOOMBERG - 437 words
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Article1942 2015-05-08 29 MONTREAL 10 120 29/7 30/7 4/8 MONTREAL 10 120 29/7 30/7 4/8 EASTERN CAR LINER, LTD SPECIALIZE IN RORO HEAVY LIFT INTRA-ASIA SERVICE VOY Ramp(KT) Lifting(KT) SIN PKL KUC MUA KK JKT ADMIRE CORAL 78 60 14/5 15/5 18/5 DREAM JASMINE 13 100 19/5 20/5 19/5 MALAYSIA STAR1,942 words
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Page 28 Advertisements
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Advertisement227 2015-05-08 28 MASTERCLASS SERIES: ACHIEVE A BREAKTHROUGH IN YOUR SALES PERFORMANCE I I I Everyone, including YOU, can do well in sales with the RIGHT STRATEGY! Join us as our speaker, Jensen Siaw, a motivational speaker and performance breakthrough coach shares through a highly engaging and dynamic coaching session to augment your227 words
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Page 29 Advertisements
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Advertisement105 2015-05-08 29 Experienced ship maintenance services wanted. Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE WONG AT 9620 1327 THBBLSINKSS TIMES Shipping times Make A Splash In The Maritime World Via s^Smaritime.coM Ahoy there! If you are in a business pertaining to any sector of the105 words
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Page 31 Advertisements
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Advertisement74 2015-05-08 31 2" V I N U M FINE WINES vinum Fine wines Celebrates 20 th Anniversary 20 Old world Wines at $20' EACH UP TO 70% DISCOUNT *A minimum purchase of 1 2 bottles, or the equivalent, is required. Offer ends 1 6 th May 201 5. BORDEAUX, BURGUNDY, LANGUEDOC, LOIRE,74 words
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Page 32 Miscellaneous
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Miscellaneous343 2015-05-08 32 CRYPTIC CROSSWORD Across 1 Annoyed Britain had turned? (7,3) 6 Advantage given by most of soft luxurious fabric (4) 10 Bored FBI agent, dupe at heart? (3,2) 11 Specially planned meals if in later stage of competition (9) 12 Artist’s record held by criminal courts (8) 13 Give up the343 words
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BT Lifestyle
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Article, Illustration817 2015-05-08 34 It’s been a bumper year for local music as the likes of Hanging Up The Moon, Riot !n Magenta, Caracal, In Each Hand A Cutlass, The Psalms, Victor Low just to name a few have all released impressive new albums and EPs over the impressivePHOTO: JAIME WONG - 817 words
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Article, Illustration591 2015-05-08 34 DESPITE studying Higher Chinese in secondary school, Sarah Cheng De-Winne never realised there was a Mando-pop star inside her until a friend told the R&B-soul-jazz diva, who broke into the scene in 2010 with her critically acclaimed debut English EP Let’s Pretend, that she had591 words
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Article, Illustration463 2015-05-08 33 DEBUT efforts don’t get any bigger than Illumine Symphony’s Life, a full-blown orchestra recording put together by just one man composer Melvyn Tan. An audio engineer by profession, the concept album consists of 10 tracks and also features modern instruments such asPHOTO: MELVYN TAN - 463 words
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CITY LIFE
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Article, Illustration807 2015-05-08 30 AVANTI NIM - This year sees a bigger, better Voilah! festival of French arts, culture and innovation. BY AVANTI NIM BY AVANTI NIM avantin@sph.com.sg AFTER a three year absence, French festival Voilah! is back this time with the aim to flood Singapore with as much joie de vivre as it commemoratesPHOTOS: VINCENT THOMAS, ARNAUD NAZARE-AGA, RODOLPHE MARICS - 807 words
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CITY BUZZ BT writers’ picks of what to see, do or talk about
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Article, Illustration309 2015-05-08 30 Rachel Loi - By Rachel Loi GOURMET JAPAN 2015 Till May 31 Tel: 6319-2153 www.gourmet-japan.com IF YOU’RE a fan of Japanese cuisine and haven’t gotten your tickets to this year’s Gourmet Japan 2015 yet, don’t fret there’s still time. The six-week-long festival continues till the end of thisPHOTOS: HAN - 309 words
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Article, Illustration188 2015-05-08 30 Tay Suan Chiang - Rush Crush Tent Sale SHOPPING By Tay Suan Chiang AS any true Singaporean would know, when the words “rush and crush” come together, it signals something good, and worth rushing and crushing the competition out of the way for. But we jest. Rush Crush is a two-day tent sale that188 words
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Article, Illustration177 2015-05-08 30 Helmi Yusof - DANCE By Helmi Yusof MADE famous in the 19th century by the legendary Marius Petipa for the Mariinsky Theatre, Le Corsaire is a very accessible and enjoyable ballet. In this production by the well-re-garded English National Ballet, the romantic story of a swashbucklingPHOTO: ENGLISH NATIONAL BALLET - 177 words
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Article, Illustration246 2015-05-08 30 Tay Suan Chiang - DINING By Tay Suan Chiang MUM will definitely give her stamp of approval for TAO Seafood Asia’s Mother’s Day menu. After all, the dishes are the favourites of Mrs Lily Lee, wife of chef Lee Yong Kuon, who heads the kitchen. Chef Lee would often cook thesePHOTO: TAO SEAFOOD ASIA - 246 words
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Article, Illustration254 2015-05-08 30 Dylan Tan - EUROPEAN UNION FILM FESTIVAL By Dylan Tan SINGAPORE’S oldest foreign movie event, the European Union Film Festival, returns for its 25th edition from next week. It will be the biggest to date with a total of 29 films from 29 European countries including Latvia, Malta and Serbia participatingPHOTO: EUROPEAN UNION FILM FESTIVAL - 254 words
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Article, Illustration177 2015-05-08 30 Rachel Loi - LEPARK WEEKEND By Rachel Loi LOOKING for somewhere to “lepak” this weekend? Drop by at the People’s Park Complex rooftop in Chinatown and check out Come Lepark With Us. This two-day event combines a live music festival Getai Ethnica (tickets cost S$10 inclusive of a freePHOTO: MATIN LATIF - 177 words
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WINE/ARTS
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Article, Illustration942 2015-05-08 31 NK YONG - Hermitage wines are revered for their distinctive taste profiles. WINE BY NK YONG THE current thirst for Burgundy seems to have reached the point where one is likely to ask, “What, another burg?”. Of late, while picking out wines for the table, I makePHOTO: BLOOMBERG - 942 words
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Article, Illustration692 2015-05-08 31 Cheah Ui-Hoon - By Cheah Ui-Hoon uihoon@sph.com.sg A PIECE of Sky by Romanian-born artist Delia Prvacki will find a home at the National University of Singapore’s (NUS) campus after sitting for many years in her garden. Its exact location will be revealed later, says Ms Prvacki,PHOTOS: NHB - 692 words
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ARTS
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Article, Illustration779 2015-05-08 32 HELMI YUSOF - The promises of various political ideologies have been broken and corrupted, a new Singapore Art Museum show posits. BY HELMI YUSOF helmi@sph.com.sg @HelmiBT IN a darkened room in the Singapore Art Museum, a creepily realistic life-sized sculpture of Cuban leader Fidel Castro lies on hisPHOTOS: HELMI YUSOF - 779 words
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Article, Illustration659 2015-05-08 32 Helmi Yusof - By Helmi Yusof helmi@sph.com.sg @HelmiBT THIS year’s annual Shakespeare in the Park is, unfortunately, the weakest this reviewer has seen. Seldom have Shakespearean characters with so much magical powers appear so charmless and unmysterious. Did Prospero the magician break his staff and hurl itPHOTO: SRT - 659 words
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Article, Illustration559 2015-05-08 32 Avanti Nim - By Avanti Nim avantin@sph.com.sg THE time machine may not have been invented yet, but Quarters promises to take you back in time anyway. Set in 1975 Singapore over two days on August 8 and 9, the production aims to transport viewers back to the daysPHOTO: AVANT THEATRE - 559 words
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COVER STORY/CINEMA
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Article, Illustration530 2015-05-08 33 DYLAN TAN - Russell Crowe’s dramatic performance saves his directorial debut from running dry. MOVIES BY DYLAN TAN LEST anybody were to make you believe Aussies are a laid-back bunch with their beer-drinking, BBQ-loving, and beach-going lifestyle, trust Russell Crowe to come along and blow that stereotype out ofPHOTO: SHAW - 530 words
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Article, Illustration559 2015-05-08 33 Geoffrey Eu - By Geoffrey Eu SO now we know what superheroes do on their days off. Fresh from helping to save the world, Captain America discards the spandex suit and dons more conventional attire to take on a much trickier challenge –the type that involvesPHOTO: SHAW - 559 words
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Article, Illustration526 2015-05-08 33 THERE are a couple of things that strike you when you hear a Cheating Sons record they sound like a band from a bygone era and their swampy brand of rock ‘n’ roll is multi-layered and mind-bending-ly addictive. It’s precisely these things thatPHOTO: CHEATING SONS - 526 words
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Page 34 Advertisements
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Advertisement27 2015-05-08 34 ARTS SAM exh_ilgition "After_U_topia” examines life after political myths disintegrate 32 CITY BUZZ BT Lifestyle is giving away tickets to the Art of Japanese Cuisine Workshops so27 words
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