The Business Times, 3 October 2009

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Microfilm: NL30172
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Lock icon Masthead
    18 1 weekend THE BUSINESS TIMES www.businesstimes.com.sg OCTOBER 3-4, 2009 Ssl.oo MICA (P) 124/08/2009 Sp!l A SINGAPORE PRESS HOLDINGS PUBLICATION
    18 words
  • Article
    Lock icon Banks may have to raise capital, MAS warns
    550 1  -  Siow Li Sen Regulators also say it is keeping close watch on property market and prices By lisen@sph.com.sg Singapore "T^ l^~ ORE capital raising for banks including Singapore banks is on the cards as global regulators _^L_ I<><> k to strengthen the
    550 words
  • Article
    Lock icon Developers ready to launch, but may hold their fire
    894 1  -  Kalpana Rashiwala Uma Shankari Many looking at market conditions, competition before deciding launch date By kalpana@sph.com.sg shankari@sph.com.sg Singapore DEVELOPERS are busy getting projects launch ready. However, whether they release them by this year's end or next year will depend on market
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  • Page 1 Advertisements
  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      148 1 the raffles conversation CEOS'HAWKER GUIDE REAL ESTATE RACING LEGEND Satay and barbeque Landing some JACKIE STEWART 8-9 seafood L 6-7 -™lk' clever ideas |36 PROPERTY PLAY Redas urges wider range Developers want land that is not in MRT areas or hotspots so that they can build more affordable homes for
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  • TOP STORIES
    • MARKETS
      • Article
        Lock icon STOCKS
        45 2 KL COMP 1,206.25 -2.10 NIKKEI 225 9,731.87 -246.77 HANG SENG 20,375.49 -579.76 SET 724.56 -2.35 JAKARTA 2,479.85 +1.88 MANILA 2,820.03 -8.99 KOSPI 1,644.63 -28.51 SHENZHEN B Closed MUMBAI IND 17,134.55 12 EDT +7.71 "hanoc 12 noon EDT DOW 9,***** .hange -20.93 NASDAQ 2,049.51 -7.97
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      • Article
        Lock icon PRIME RATES
        29 2 SINGAPORE 538 MALAYSIA 5.55 HONG KONG 5.00 INDONESIA 16.146 TAIWAN 4.776 JAPAN 1.475 KOREA 933 BRITAIN 0.50 LIS 3.25 CANADA 2.25 SWITZERLAND 0.52 INDIA 11.75 Source: Bloomberg
        Bloomberg  -  29 words
      • Article
        Lock icon FOREX
        47 2 US$ 2$ »er US$; 1.416 ;us$/s$ 1.588 2.248 EUROi ;us$; IS$i 1.454 2.058 Foreign currency per US$ S$ YEN 89.40 63.10 RM 3.478 2.457 HK$ 7.750 5.475 BAHT 33.50 23.66 RUPIAH 9,645 6,813 RENMINBI 6.826 4.822 INDIAN RUPEE 47.63 33.65 A$ 1.153 0.815 NZ$ 1.404 0.991
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    • Article, Illustration
      Lock icon Redas hopes for wider range of govt land
      540 2  -  Emilyn Yap Having land not near MRT stations or 'hotspots' will lead to lower bids and cheaper homes By emilyny@sph.com.sg Singapore DEVELOPERS hope to see the government offer more affordable private residential sites so that they, in turn, can build cheaper homes
      ARTHUR LEE  -  540 words
    • Article, Illustration
      Lock icon Three S'poreans run the "mother of all trail races'
      865 4  -  Anna Teo In a punishing race, they climb 1,500 m and descend in freezing cold By anna@sph.com.sg Singapore THE exhilarating Tour dv Mont Blanc a highly popular traverse of the alpine massifs across France, Switzerland and Italy is a classic wilderness
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    • Article
      Lock icon Vatanen will lose FIA election badly, says Mosley
      516 4 Reuters Suzuka, Japan THE battle to replace world motorsport head Max Mosley soured yesterday with the leak of a sharply worded letter from the Briton to Jordan's Prince Feisal. The International Automobile Federation (FIA) president warned in the letter, seen by Reuters
      Reuters  -  516 words
    • Article
      Lock icon Aussie court dismisses SIA appeal
      351 5  -  Yen Sreenivasan Tussle centred on jurisdictional right of Australian watchdog to probe alleged cargo price fixing By ven@sph.com.sg Singapore SINGAPORE Airlines is considering its next move after the Australian Federal Court yesterday dismissed its appeal over the jurisdictional right of the country's an-ti-competition watchdog to
      351 words
    • Article, Illustration
      Lock icon New cruise terminal likely to create over 3,000 jobs
      529 5  -  Nisha Ramchandani By I nishar@sph.com.sg Singapore THE International Cruise Terminal (ICT) at Marina South, which will cost about $450 million to $500 million to build, is expected to create more than 3,000 jobs in the tourism and related industries after it
      529 words
    • Article
      Lock icon Toyota president regrets deaths from fatal US crash
      420 5 AP Tokyo TOYOTA'S president said it was "extremely regrettable" an American family died in a crash in which a floor mat in one of the Japanese automaker's vehicles is suspected as the cause. "Four precious lives have been lost," Toyota Motor Corp
      AP  -  420 words
    • Article, Illustration
      Lock icon Sharper than expected cuts take US jobless rate to 9.8%
      628 6 LATEST US DATA Economy lost net total of 263,000 jobs in September, with most economists now expecting unemployment to top 10 per cent and keep climbing Washington THE US unemployment rate rose to 9.8 per cent last month, the highest
      AP  -  628 words
    • Article, Illustration
      Lock icon Nine years jail time for Cortina Watch thief
      395 6 Singapore JERRY Ec was jailed nine years yesterday for stealing $7.6 million in watches from Cortina Watch last Christmas. Ec had earlier pleaded guilty to stealing 366 watches worth $7.5 million, five pairs of cufflinks and about $27,000 in cash from the
      FILE PHOTO  -  395 words
    • Article
      Lock icon S'pore's main concerns – air and water
      435 6  - S'pore's main concerns air and water Joyce Hooi By joyceh@sph.com.sg Singapore AS Singapore remains shrouded in a cloak of haze caused by fires in Sumatra, Peter Seligmann of Conservation International made the observation yesterday that the country's two most pressing environmental issues are that of air quality and water security.
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  • Page 2 Miscellaneous
    • Miscellaneous
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      50 2 NEWS LIVING Top Stories 2-6 Shopping W** Week in Review 7 Qad^ s Raffles Conversation 8-9 Letter From Abroad 18 World 19'22 Home Garden L10-11 Stocks Stats 23-27 Travel LI2-13 Perspective 28-29 Health LI 4-15 Wealth 30-33 Sport LI 6 Househunt 35 Golf L17 Real Estate 36 Motoring LI 8-20
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  • Page 3 Advertisements
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      Lock icon Page 3 Advertisements Column 1
      1119 3 Can I trade in a CITVINDEX t y% THE NEXT UAY T0 TRAI)E volatile stock marketf Following the collapse of several major financial Institutions In 2008, stock markets around the world went Into a tailspin, sending Shockwaves through the 1/\fl investing community. While stock markets are recovering, volatility remains high
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  • Page 5 Advertisements
    • Advertisement
      Lock icon Page 5 Advertisements Column 1
      30 5 Leedon Pk ***** sq ft Beautiful Land for Rebuild Beautiful Garden I Wide Frontage, Flat Land I "Greenery View I Easy Access to Holland Village P Newsman Sole Marketing Agent
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  • WEEK IN REVIEW/WEEK AHEAD
    • THIS WEEK Sept 28 – Oct 2, 2009
      • Article
        Lock icon S'pore within touching distance of OECD white list
        40 7 SINGAPORE has now signed nine of the 12 tax treaties that it needs to get off the "grey list" of the Organisation for Economic Cooperation and Development (OECD) and onto the white.
        40 words
      • Article, Illustration
        Lock icon Dazzling race buries Crashgate echoes
        69 7 An economic downturn and a race-fixing scandal were almost forgotten as roaring cars wrote another gripping story on Singapore's streets, with Lewis Hamilton charging to victory from pole position in his McLaren-Mercedes at the 2009 Sing Tel Singapore Grand Prix. REUTERS RISING TO THE CHALLENGE
        REUTERS  -  69 words
      • Article
        Lock icon Pssst, want to buy 'fraction' of a condo?
        47 7 A NEW way of selling condominium units here has emerged amid the recent resurgence in the property market. Registered three months ago, Primespace Investments Pte Ltd is marketing "shares" in apartments to investors with at least $62,000 to spare.
        47 words
      • Article
        Lock icon GIC timed the market to cushion blow
        43 7 THE Government of Singapore Investment Corp said that an "exceptional" decision to slash its exposure to stocks from mid-2007 shielded its vast portfolio from the worst of the financial crisis, though it still sustained heavy losses.
        43 words
      • Article
        Lock icon S'pore studying all options to widen local doctor pool: PM
        42 7 SINGAPORE will continue to study other options to expand the local pool of doctors, even after raising the annual intake of students at medical schools here, said Prime Minister Lee Hsien Loong.
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      • Article
        Lock icon Banks refuse to dilute exclusive clients' club
        35 7 WHILE some private banks in Switzerland have had to fish lower down the wealth charts to attract new clients, their Singapore peers can afford to stay proudly elitist.
        35 words
      • Article
        Lock icon Institute to push Asian leadership, management
        57 7 SINGAPORE will start what is believed to be the first premier institute to develop Asian leadership and management talent for the region. Prime Minister Lee Hsien Loong said that the institute would be part of a new push for businesses and academia to work
        57 words
      • Article
        Lock icon Consortium poised to snap up Sincere
        43 7 SINGAPORE'S largest watch retailer Sincere Watch is expected to be sold this week to a consortium, said to include former owner Tay Liam Wee, who is expected to take a minor stake and become part of management.
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      • Article
        Lock icon Jurong Island weighs options as land runs out
        61 7 JURONG Island is running out of land and Singapore will decide early next year on how to augment space at the oil and petrochemicals hub that houses biggies such as ExxonMobil and Shell. One option is to build large floating facilities there
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      • Article
        Lock icon Business loans rise after a 9-month swoon
        33 7 BANK lending to businesses grew in August for the first time in nearly a year as loans to various industry sectors picked up amid improving sentiment.
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      • Article
        Lock icon Numbers confirm bounce in property's step
        28 7 IN one of the quickest upturns in recent years, the official private home price index jumped 15.9 per cent quarter-on-quarter in Q3.
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      • Article
        Lock icon Fledgling mio stuns StarHub, bags EPL rights
        28 7 SINGTEL outbid Star Hub to scoop up the exclusive broadcast rights for the next three seasons of the English Premier League.
        28 words
      • Article
        Lock icon Oei Hong Leong settles suit with Citi
        36 7 OEI Hong Leong has settled his multi-million-dollar lawsuit with Citigroup "amicably" and says he will continue to work with the bank again. The terms of the settlement are confidential.
        36 words
      • Article
        Lock icon Minibond saga nears closure with settlement
        49 7 SINGAPORE investors who bought Lehman Minibonds can expect to recover part of their investment in the next few months, after the receivers in charge of unwinding the structured notes reached a settlement this week that gives them full control of the underlying assets.
        49 words
  • Page 7 Miscellaneous
    • Miscellaneous
      Lock icon Page 7 Miscellaneous Column 1
      199 7 CRYPTIC CROSSWORD Across rj re fj i ij i j 6 [7 j 5 15 Spare former husband 12 Put off by the compiler's M B^6~^ 71 13 Boundaries around 1' I j 21 Power cut producing C-v astonishment (4) —^J—^J—^—^J—^J—^J yesterday's solution 25 Lacking a will of one's Canasta,
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    • Miscellaneous
      Lock icon Page 7 Miscellaneous Column 2
      98 7 NEXT WEEK Oct 5-9, 2009 US DATA Oct 7 Crude inventories Oct 7 Consumer credit Oct 8 Wholesale inventories Oct 9 Trade balance SINGAPORE DATA Oct 7 International reserves EVENTS Oct 6 ISTANBUL 2009 Annual meeting of the International Monetary Fund (IMF) and the World Bank (to Oct 7). Oct
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  • THE RAFFLES CONVERSATION .
    • Article, Illustration
      Lock icon Speed master
      1382 8  -  Jamie Lee Racing legend Jackie Stewart on precision driving, corporate relationships,, and how his Achilles heel dyslexia drove him to success. OR a racing driver, the speed doesn't exist," says Sir Jackie Stewart. "If I'm driving really well, everything would be alJ most in slow motion. I would
      YEN MENG JIIN  -  1,382 words
    • Article
      Lock icon Living with dyslexia
      982 8 LOOKING back on his life, Sir Jackie Stewart rewinds to his thirties. He is standing on the podium, holding a Grand Prix trophy aloft. He desperately tries to follow the words to "God Save the Queen" and fails each time. He goes further back. Now 14, on
      982 words
    • Article
      Lock icon Raffles
      76 8 Hotels Resorts The Raffles Conversation is brought to you through a special arrangement with Raffles Hotels Resorts. A collection of luxury hotels, Raffles Hotels and Resorts distinguishes itself through the highest standards of hospitality, service and cuisine. Its hotels in Singapore, Beijing, Cambodia, Beverly Hills, Dubai and the Caribbean
      76 words
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  • COMPANIES
    • Article, Illustration
      Lock icon Upturn seen as airline stocks rise 5% in Sept
      597 9  -  Yen Sreenivasan But industry losses get worse in Q2, with 68 major carriers reporting losses of USs2.3b By ven@sph.com.sg Singapore GLOBAL airline stocks rose 5 per cent last month amid signs of an upturn in this highly cyclical sector, outperforming the
      AFP  -  597 words
    • Article
      Lock icon Jetstar merging maintenance ops
      445 9  -  Yen Sreenivasan By ven@sph.com.sg Singapore IN A move to save costs and consolidate operations, Qantas-controlled discount carrier Jetstar Asia won't renew a five-year total support maintenance contract with ST Aerospace when it expires this month. Instead, the Singapore-based airline will use the same MRO providers and
      445 words
    • Article, Illustration
      Lock icon Wall Street doubts drag STI 2.2 per cent lower
      671 11  -  R Sivanithy STOCKS sivan@sph.com.sg Senior correspondent JUST as the pace of rights issues, placements and reverse takeovers slowed to a crawl this week within the ranks of penny stocks, traders had to deal with the onset of sudden doubt over the
      671 words
    • Article
      Lock icon TOP 20 ACTIVES
      115 11 ientinj SP 132,682 109 -1.0 -0.! 60,049 2 0.0 0.( 1AP Tech 58,906 6.5 -0.5 -7.1 lemstar 56,%2 10.5 0.0 0.( iolden 55,078 42 -1.5 -3/ 'ins Li 47,209 77 -1.5 -1.S Jni Envtech 36, ,126 47.5 0.5 1.1 iMG Global 33,032 10.5 -0.5 -4.5 table Gr[
      115 words
    • Article
      Lock icon TOP GAINERS
      58 11 BY CENTS UP CLOSE QUE 1450 527.0 57.' DBXT S&P Short 10US$ 6012 285.8 3.5 STXPO 100 1314 8.0 0.6 STI 2750BNPePW*****9 35.5 6.5 22.4 DBS Bk 6% NCPS 10 ***** 6.0 o.ire Land 549 6.0 1.' Dai l 599 5.7 0.7 CentraLand 40 5.0 14.3 STI 2750BNPePW*****0
      58 words
    • Article
      Lock icon TOP LOSERS
      59 11 BY CENTS CLOSEDOWN DBXT MSEURQPE 10US$ 4076 -216.5 -3.6 DBXT FTVietnam 1 OUS$ 5227 -212.3 -2.8 JMH 3090 -212.3 -4.6 DBXT DJE5Q 1QUS$ 4226 -120.3 -2.0 GLD 1QUS$ 9807 -104.7 -0.7 DBXT FTChina25 10US: 2832 -89.2 -2.2 DBXT Nift 10US$ ***** -76.4 -0.5 China H 10US$ 1498 -52.4
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    • Article
      Lock icon STI STOCKS
      101 11 litaLand 3.670 +0.010 1.820 -0.050 :ityDev 9.900 -0.240 ]omfortDelGro 1.550 -0.030 ]osco Con 1.140 -0.030 IBS Grp 12.780 -0.240 :&N 3.850 -0.070 ientin: SP 1.090 -0.010 iolden ;ri 0.420 -0.015 IK Land 4.320 -0.060 IMH 30.900 -1.500 ISH 17.200 -0.280 lardine C&C 23.560 -0.360 lei Con 7.810 -0.280
      101 words
    • Article
      Lock icon Court told how WBL staff can deal with the firm's shares
      516 11  -  Lynette Khoo By lynkhoo@sph.com.sg Singapore DO WBL Corp employees need to make their own judgment call in dealing with the shares of WBL? This question cropped up at the court hearing yesterday when the defence lawyer asked the group's
      516 words
    • Article, Illustration
      Lock icon AWT sinks into deeper water
      727 12  -  Oh Boon Ping CORPORATE FOCUS Three of its subsidiaries receive notices of receipts from lenders for 170 million yuan. THERE seems to be no end of trouble for water treatment specialist Asia Water Technology (AWT). Just when it looks like its financial woes are ending
      727 words
    • Article
      Lock icon Cosco customer defers payment
      235 12  -  Vincent Wee By vincewee@sph.com.sg Singapore IN what looks like a sign of the way the shipbuilding market will go, Cosco Corp (Singapore) has agreed to defer progress payments on yet another vessel. The 923 million yuan (*****.7 million) contract for the construction of an Octabuoy semisubmersible
      235 words
    • Article
      Lock icon FerroChina on verge of being resuscitated
      409 13  -  Lynette Khoo Signs letter of intent to inject new business and plans to sell existing assets By lynkhoo@sph.com.sg Singapore FERROCHINA is seeing glimpses of hope in getting resuscitated through a potential new business and the prospect of selling its existing assets. The debt-laden steelmaker
      409 words
    • Article, Illustration
      Lock icon Jasper Investments' unit completes drillship upgrade
      460 13  -  Vincent Wee By vincewee@sph.com.sg Singapore JASPER Investments' key drilling unit Neptune Marine Oil and Gas (NMOG) yesterday completed the US$34O million upgrade of its second drillship and looks poised to take advantage of the recovering rig market with two short-term contracts for the rig
      460 words
  • Page 9 Advertisements
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      Lock icon Page 9 Advertisements Column 1
      270 9 W—" LUM CHANG holdings limited (Incorporated in the Republic of Singapore) Company Registration No.: *****3949N SUPPLEMENTAL NOTICE OF ANNUAL GENERAL MEETING Reference is made to the notice of annual general meeting of Lum Chang Holdings Limited (the "Company") dated 28 September 2009 for the 27th Annual General Meeting (the "AGM")
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  • Page 10 Advertisements
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      1461 10 k RErrasfa (Constituted in the Republic of Singapore pursuant to a trust deed dated 28 November 2005 (as amended)) Managed by K-REIT Asia Management Limited (Company Registration No. *****1357K) Notice of Extraordinary General Meeting and Rights Issue Books Closure Date NOTICE IS HEREBY GIVEN that an extraordinary general meeting of
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  • Page 11 Advertisements
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      191 11 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF HEDGING TRADING PTE LTD (Company Registration No. *****2723W) (Incorporated la the Republic of Singapore) NOTICE IS HEREBY GIVEN in pursuance of Section 308(1) of the Companies Act, Cap. 50 that a Final General Meeting of the
      191 words
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  • Page 12 Advertisements
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      Lock icon Page 12 Advertisements Column 1
      68 12 I David Thomas Dowdall, divorce, of 2 Indus Road, #14-07 Emerald Park, Singapore *****6, intend to marry Rosemary Law Ching Yuen, single, of Blk 29, Havelock Road, #13-659, Singapore *****9 at Sidang Injil Borneo Sarawak (SIB) Cawangan Daerah Kuching, on 31st October 2009. Any person knowing of any lawful impediment
      68 words
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      Lock icon Page 12 Advertisements Column 2
      24 12 JACKPOT 1,500,000. This Monday! |p LAVA ANrays play with care. Towards Community W IraponaibW1 Do not bet illegally. Purpose end Benefit •"J RCBRegNo *****0202G
      24 words
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  • Page 13 Advertisements
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      Lock icon Page 13 Advertisements Column 1
      125 13 ASIA WATER TECHNOLOGY LTD. /^l (Receiver Appointed) EXPRESSIONS OF INTEREST The Receiver of Asia Water Technology Ltd. ("the Company"), seeks expressions of interest from parties interested in purchasing the business or the Company and its subsidiaries. The Company, a Singapore public-listed company, is a water treatment specialist, providing comprehensive and
      125 words
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  • FROM THE DESK OF
    • Article, Illustration
      Lock icon The name of the game has changed
      991 14  -  Alex Voder With Web 2.0, online business executives now realise that a better capability to listen and understand customer behaviour and patterns would have maximised investments from the start FROM THE DESK OF CEO, Webtrends MEDIA organisations are already used to not "sleeping";
      991 words
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  • SINGAPORE
    • Article, Illustration
      Lock icon Meet the company behind James
      706 15  -  Teh Shi Ning GE Moneys novel strategy was to personify its personal loan By tshining@sph.com.sg PERSONIFYING its personal loan was GE Moneys novel strategy to get Singaporeans to meet "James". The innovation and focus on service behind that move is what GE Money intends to
      706 words
    • Article, Illustration
      Lock icon Emulate rivals' brands at your own peril
      560 15  -  Chen Huifen By xuifen@sph.com.sg ALTHOUGH most Singapore food manufacturers understand the importance of proper trademark registrations, many of them do not believe in creating differentiated trademarks a move that could work against their brand strategy in the long term. The finding emerged from
      560 words
    • Article, Illustration
      Lock icon Better deal for security industry workers
      445 16  -  Teh Shi Ning Customised Spur-Jobs scheme will improve working conditions, hours and pay for security staff, says minister By tshining@sph.com.sg THE Spur-Jobs scheme is being customised for the security industry, to help companies redesign jobs to appeal more to local workers. Manpower Minister Gan
      FILE PHOTO  -  445 words
    • Article, Illustration
      Lock icon Loyalty credits for new UOB card
      345 16 IN its first tie-up with American Express, United Overseas Bank is offering a credit card that yields more rewards over time. The UOB PRVI (for privilege) American Express card pays a bonus on the UNIS that is earned from simply using the card. But
      345 words
    • Article
      Lock icon Strong payoffs from LEAD projects
      290 16  -  Felda Chay By feldac@sph.com.sg PROJECTS undertaken by 3,000 companies under the Local Enterprise and Association Development (LEAD) Programme are expected to generate a whopping $1.5 billion in value-add and $3.5 billion of revenue. Launched in 2005, LEAD is managed by Spring Singapore and International Enterprise
      290 words
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  • Page 16 Advertisements
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      24 16 GOOD CORPORATE GOVERNANCE Create greater transparency for your company by advertising your financial results in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg.
      24 words
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  • LETTER FROM ABROAD WITH ASCOTT
    • Article, Illustration
      Lock icon Bittersweet experiences in China
      978 17  -  Ching Mia Kuang LETTER FROM SHANGHAI Managing Partner SBA Stone Forest Corporate Advisory (Shanghai) Co Ltd I am always motivated by the hardworking nature of the Chinese. I am appreciative and I admire our staff for their intelligence and hunger for learning. We invite Singaporeans living
      978 words
  • Page 17 Advertisements
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      190 17 NOW DEFINING GLOBAL LIVING N IN TOKYO 25™ ANNIVERSARY »L j|l CELEBRATORY RATES FROM kpii- M #rfl I Ascott invites you to enjoy its 25 th anniversary celebratory offers at Somerset B 3^' t^ml Azabu East and Citadines Tokyo Shinjuku in Tokyo, Japan. From the pampering __L touches for the
      190 words
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      Lock icon Page 17 Advertisements Column 2
      15 17 THE ASCOTT GROUP A Member of Capita Land Thisseries is broughttoyou by The Ascott Group
      15 words
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  • WORLD
    • Article, Illustration
      Lock icon Strains on World Bank's financial resources
      602 18  -  Anthony Rowley Zoellick also warns of growing complacency about global recovery By btworld@sph.com.sg THE World Bank could face "serious constraints" on its financial resources by the middle of next year as it continues to push out huge volumes of lending to major and minor
      XINHUA  -  602 words
    • Article, Illustration
      Lock icon MAS sees operational profit again next year
      494 18  -  Pauline Ng By btworld@sph.com.sg Kuala Lumpur MALAYSIA Airlines (MAS), which has posted two quarters of operating losses, expects to return to an operational profit next year on the back of an improved global economy and further savings from its business transformation plan. The
      494 words
    • Briefing
      • Article
        Lock icon Toyota prepares to launch second hybrid-only car
        75 18 LATWP Los Angeles TOYOTA is preparing to launch its second hybrid-only car, the Sai sedan. The Sai, based on the Lexus HS 250h hybrid, will go on sale in Japan on Oct 20, Toyota told Automotive News. The carmaker did not disclose when
        LATWP  -  75 words
      • Article
        Lock icon No SMSing for employees in US govt cars
        82 18 LATWP Washington US President Barack Obama has banned federal employees from text messaging when they are behind the wheel of government vehicles and from texting in their own cars if they use govern-ment-issued phones or are on official business. The ban, in
        LATWP  -  82 words
      • Article
        Lock icon Japanese mutual funds investments at 2-year high
        56 18 Reuters Tokyo THE amount of money flowing into Japanese mutual funds for retail investors hit its highest level in nearly two years in September as investors sought out foreign bond and hybrid funds, Nomura Research Institute data showed yesterday. Japanese retail investors' personal
        Reuters  -  56 words
      • Article
        Lock icon Padang earthquake death toll now at 448
        75 18 Bloomberg Jakarta SURVIVORS of the Sept 30 earthquake off Indonesia's Sumatra island are facing shortages of food, shelter and clean water, as rescuers race to find thousands of people still trapped under the rubble of destroyed buildings. The death toll from the 7.6
        Bloomberg  -  75 words
      • Article
        Lock icon Xstrata has 3 weeks to decide on hostile takeover
        74 18 Reuters London XSTRATA has less than three weeks to decide whether to turn hostile in its pursuit of rival miner Anglo American, but analysts believe that it lacks the financial firepower to conclude a near-term deal. Under yesterday's "put up or
        Reuters  -  74 words
    • Article
      Lock icon Japan jobless rate down, spending up in Aug
      414 19 AP Firms are still wary of investing in factories or workers, which could undermine rebound Tokyo JAPAN'S jobless rate fell and household spending climbed in August a double dose of good news for the world's No. 2 economy though it may not
      AP  -  414 words
    • Article
      Lock icon Genting, US firm plan designer outlets in M'sia
      393 19  -  Pauline Ng By btworld@sph.com.sg Kuala Lumpur GENTING Group and the United States' Simon Property Group (SPG) plan to establish a designer branded discount store in Kulai, Johor to act as a catalyst for Genting's real estate projects in the state as well
      393 words
    • Article, Illustration
      Lock icon Autopsy report reveals MJ healthy, in good shape
      416 19 AP Los Angeles MICHAEL Jackson's outward appearance was marred when he died with puncture marks to his arms, surgical scars around his body and cosmetic tattoos on his lips and scalp. But internally, the pop star was in mostly fine physical shape
      . AP; AFP  -  416 words
    • Article, Illustration
      Lock icon Letterman admits to sex with employees
      462 20 AP Someone tried to extort USs2m from him over the affairs New York DAVID Letterman acknowledged on Thursday's show that he had sexual relationships with female employees and that someone tried to extort US$2 million from him over the affairs, and CBS says an
      AP  -  462 words
    • Article
      Lock icon Deflation threat could keep Fed rates near zero
      590 20 Bloomberg Consumer prices experiencing deflation, core index facing slowing in pace of increase New York THE US faces the possibility of deflation for the first time since the Eisenhower administration, a threat that may prompt the Federal Reserve to keep interest rates
      Bloomberg  -  590 words
    • Article
      Lock icon A bit closer to fountain of youth
      385 20 AFP Scientists extend lifespan of mice, cut age-related diseases Washington THE fountain of youth may exist after all, as a study showed on Thursday that scientists have discovered means to extend the lifespan of mice and primates. The key to eternal or at
      AFP  -  385 words
    • Article
      Lock icon EU banks can stand deep recession
      534 21 Bloomberg Stress test of 22 biggest shows they are resilient, but with almost 400 billion euros in losses Gothenburg A STRESS test of the European Union's biggest banks showed that they could withstand an even deeper recession, though with almost 400 billion euros (SsB24
      Bloomberg  -  534 words
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      Lock icon A bit less than Nobel, but certainly noble
      655 21 !AP New York A MAN who cracked the knuckles of one hand (but not the other) for six decades; scientists who figured out why pregnant women don't topple over; and chemists who made diamonds from tequila were honoured here on Thursday at
      !AP; AP  -  655 words
    • Article, Illustration
      Lock icon Senate panel nod for cap on tax break for insurers
      255 21 Bloomberg Washington THE Senate Finance Committee voted on Thursday to limit tax deductions for executive pay at insurance companies that stand to gain millions more customers from a broad overhaul of the US healthcare system. The panel voted 14-8 to
      Bloomberg  -  255 words
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  • SGX
    • Article
      Lock icon Transaction date: Oct 2
      2357 22 52-wks Tel ligh Low Code Company Last Sale Vol Day Last Quote COO0) High Low Buyer Seller Div GrYld Net C'vr P/E M Cap Smil 7_ 3 3148 8Telecom IS 2.5 5834 A-Sonic 11.5 12 5000 ABR Hldgs 5.5 5.5 1938 AEI Corp 1 1 1100
      2,357 words
    • Article
      Lock icon Transaction date: Oct 2
      3212 23 ligh Low Code Company Sale COO0) High Low Buyer Seller C'vr P/E Smil 15 149 12 j4 I V\ 5 14.5 !8 \S 4 !3.5 S 12.5 68 !2.5 6.5 >2 11.5 !0.5 15.5 14.5 11 IS 10.5 106 125 5.5 10 11.5 !9 19 iS
      3,212 words
    • Article
      Lock icon Transaction date: Oct 2
      3387 24 ligh Low Code Company Sale ligh COO0) High Low Buyer Seller C'vr P/E Smil 1 5733 NTI Intl 6 +0.5 14 18 1914 NamLee 30.5 +1 15.5 18 5720 NeraTel 33 unch 0 2.5 5762 NeteLusion 8 !7 10.5 3114 NewToyo 21.5 -0.5 !6 3.5 3527
      3,387 words
    • Article
      Lock icon SGX CATALIST
      1653 25 High Low Code Company Sale ('000) High Low Buyer Seller C'vr P/E $mil 3.5 5 1181s AA Grp 15.5 12 8538 t APStrategic 0.5 1501 s Advanced System '.5 2 3480 t Adventus 10 8.5 3518 s Afor 2.5 2 1524 t Alantac 1 3.5 7814 t Albedo
      1,653 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      45 25 Up Down Unch 1 14 2 Up Down Unch OOO Up Down Unch 1 14 2 lulti Ind larufl Fact :unni .ommerce -inance ,onst ruction Totel Jsts" .ervices ias/ rater .Lire iar. Active counters with no volume for today are not included
      45 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      174 25 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non-Sponsored; t Catalist; N Net or Tax-exempted dividend; ct Conditional Trdg xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum
      174 words
    • Article
      Lock icon BT SHARE INFORMATION SERVICE
      840 25 For week beginning Sep 28 Trans Date Substantial Shareholder/ Director Buy Sell Conv No of Shares '000 Price Per ShrS SHAREHOLDING Before After ('000) ('000) Stock Trans Date Substantial Shareholder/ Director Buy Sell Conv No of Shares '000 Price Per ShrS SHAREHOLDING Before After ('000) ('000)
      840 words
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  • MARKETS
    • STOCK MARKETS
      • Article, Illustration
        Lock icon Straits Times Index
        20 26 YTD change: +47.85% 52-week high: 2,707.24 on Sept 10,2009 52-week low: 1,455.47 on March 10,2009 Source: Bloomberg
        Bloomberg  -  20 words
      • Article, Illustration
        Lock icon Hang Seng Index
        25 26 Source YTD change: 52-week high 52-week low: YTD change:+41.62% 52-week high: 21,929.70 on Sept 17,2009 52-week low: 10,676.20 on Oct 27,2008 :Bloomberg
        :Bloomberg  -  25 words
      • Article, Illustration
        Lock icon Dow Jones Industrial Average
        25 26 Source: YTD change:+8.35% 52-week high: 10,825.50 on Oct 2,2008 52-week low: 6,469.95 on March 6,2009 (Chart shows Thursday's index closing) Bloomberg
        Bloomberg  -  25 words
      • Article
        Lock icon MORGAN STANLEY CAPITAL INT'L INDICES
        363 26 Octl dy yr dy yr dy yr Index Change Change Change Change Change Change World Index Preliminai 786.2 -1.7 16.0 -1.5 18.0 -1.8 20.3 EAFE Preliminai 750.4 -1.6 15.6 -1.5 20.9 -1.8 23.2 Euroi Preliminai 1067.7 -1.7 17.1 -1.7 22.8 -2.0 25.1 Pacific 609.4 -1.3
        363 words
      • Article, Illustration
        Lock icon Shanghai Stock Exchange Composite
        25 26 YTD change:+s2.6s% 52-week high: 3,478.01 on Aug 4,2009 52-week low: 1,664.92 on Oct 28,2008 (Chart shows Wednesday's index closing) Source: Bloomberg
        Bloomberg  -  25 words
      • Article, Illustration
        Lock icon Nikkei 225
        25 26 Source YTD change: 52-week high 52-week low: YTD change: +9.85% 52-week high: 11,452.30 on Oct 2,2008 52-week low: 6,994.90 on Oct 28,2008 :Bloomberg
        :Bloomberg  -  25 words
      • Article
        Lock icon LIFE
        74 26 COCOA (£/tonne) Close Prev Hi, ;h/Low Dec 09 2053 2085 2090/2046 MarlO 2071 2100 2108/2065 May 10 2088 2118 2126/2084 Jul 10 2031 2059 2068/2032 COFFEE (US$/tonne) Close Pev High/Low Nov 09 1363 1386 1384/1360 Jan 10 1392 1414 1416/1389 MarlO 1417 1438 1436/1413 SUGAR (US tonne) White Close
        74 words
      • Article
        Lock icon CHICAGO BOT
        101 26 SOYBEANS (5,000 bu min; USc/60 lb bushels) Close Previous High/Low Nov 09 918.00 927.00 932.75 914.75 Jan 10 924.25 933.50 938.50 920.75 MarlO 924.75 933.50 937.00 921.00 May 10 920.75 928.00 932.75 916.00 SOYBEAN/OIL (60,000 lbs; usc/b) Close Previous High/Low Oct 09 34.25 33.97 34.55 33.88 Dec 09
        101 words
      • Article
        Lock icon OIL
        73 26 CRUDE JSS/barrel (FOB origin) Close Change Brent blend (1-Mth F) WTI (Near Mth) Dubai (1-Mth F) Tapis blend Minas 68.18 1.53 70.52 0.20 68.68 2.44 74.20 2.35 71.15 2.35 PRODUCT USS/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 63.10 2.10 74.55 2.05 USS/barrel Opec Oil Basket Price 67.70 2.15
        73 words
      • Article
        Lock icon METALS
        70 26 GOLI I (US 3/c S :p2 OclO Hong Kong 998.00 997.3' 999.00 998.3i Sep 30 OcL 0 London 999.*****0.0 1000.*****1.7' Source: Thomson Reute, SILVER Selling Buyin Passbook 1 oz 23.18 22.9 Source: UC PLATINUM Lon (US$/oz) Ocl 0 Close Previou PM Fix 1292.*****7.0' AM Fix 1294.*****3.0' Source: Thomson Reute.
        70 words
      • Article
        Lock icon INTERBANK CURRENCY RATES
        150 26 Against S$ Currencies Bid S$/US$ to one unit of foreign currency: Australian dollar 1.2264 i Offer 1.2282 Against USS Bid Offer 0.8667 0.8672 Canadian dollar 1.2994 1.3011 0.9183 0.9187 Euro 2.0571 2.0592 1.4538 1.4539 NZ dollar 1.0076 1.0095 0.7121 0.7128 Sterlini 2.2472 2.2494 1.5881 1.5882 US dollar
        150 words
      • Article
        Lock icon PALM OIL
        64 26 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Month Range Price Price UA Low Vol Done Open Positioi Oct 09 2155 Nov 09 2126 Dec 09 2110 Jan 10 2113 2130 2155 2130 2048 2126 2043 2037 2114 2028 2040 2115 2030 104 700 1769 ***** 5744 *****
        64 words
      • Article
        Lock icon LONDON METALS
        69 26 Nickel ;LIS$/tonne' Close Previous Cash 3 monLhs Tin (US$/tonne' *****.50 *****.00 *****.00 *****.00 Cash 3 months *****.00 *****.00 *****.00 *****.00 Grade (US$/tonne) Zinc, Special Hii Cash 3 months 1886.00 1943.25 1913.00 1969.00 Source: Bloomberg Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 3 months Copper, Grade A 1824.00 1858.00
        69 words
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  • PERSPECTIVE
    • Article, Illustration
      Lock icon Pick winners, not whiners
      1684 27  -  Chew Kheng Chuan Insights on how to improve one's odds as a recruiter. By WHEN I pause to consider the countless number of people I have hired over the past 23 years of working life, I ask myself whether I made good choices or bad ones,
      1,684 words
    • Article
      Lock icon Gold tells you bubble hasn't popped yet
      934 27  -  Alice Schroeder By IF you owned stocks and gold and had to sell one, which would it be? The Standard Poor's 500 Index has gained almost 60 per cent since its low on March 9. Gold is near a record price. I know
      934 words
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  • Wealth
    • WEALTH INVESTING
      • Article, Illustration
        Lock icon Leaving the glitz behind
        847 28 Reuters Many fund managers may leave London if the Labour Party's plan for a new 50% top tax rate becomes reality HEDGE fund exodus from London to Switzerland in the face of higher taxes J^h^^L and tougher EU rules is unlikely to M occur this side
        Reuters; REUTERS  -  847 words
      • Article
        Lock icon Credit investors shift to high-yield issuers
        684 28 Reuters London Investors aiming to match the bumper yields they achieved earlier this year in the corporate bond markets will increasingly have to pick and choose from among riskier, junk-rated companies. A move into these high-yielding bonds could benefit potential borrowers from lower down
        ' Reuters  -  684 words
      • Article, Illustration
        Lock icon What's your score?
        1133 29  -  Roy Varghese WEALTH INSIGHTS Personalise key performance indicators so that you don't take extra risk Director, financial planning practice, ipac Singapore 2009 has been a topsy-turvy year. The first quarter was filled with pessimism over economic recovery. Negative returns in the first two months exacerbated the paper
        Morgan Stanley  -  1,133 words
      • Article, Illustration
        Lock icon Stay within your investment framework
        205 29 THIS is a rare real-life score card of an individual who has kept a record of every single investment transaction since 1997. Starting with initial cash holdings of $240,000 in 1997, the current portfolio is worth $1.3 million. Today, the portfolio consists of 16 per
        205 words
      • Article, Illustration
        Lock icon Playing the market using price-to-book
        1241 30  -  Teh Hooi Ling SHOW ME THE MONEY Buying a stock trading way below its normal PTB range almost always guarantees a good return hooiling@sph.com.sg Senior correspondent V BACKTESTING of stock prices over the last few years has shown time and .1:4.1111 Ih.li buying a basket
        1,241 words
    • WEALTH REAL ESTATE
      • Article, Illustration
        Lock icon Landing some pretty clever ideas
        630 33  -  Uma Shankari JTG works with NUS students on ideas for sustainable industrial complexes with high plot ratios N ONGOING collaborative effort between JTC Corporation and the National University of Singapore's School of Design Environment has thrown up several conceptual ideas for a new breed of
        630 words
      • Article
        Lock icon UK house prices up for fifth month
        520 33 Bloomberg London UK house prices rose for a fifth month in September as a lack of homes for sale helped the property market to erase its losses of the past year, Nationwide Building Society said. The average cost of a home increased 0.9
        Bloomberg  -  520 words
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  • Page 31 Advertisements
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      Lock icon Page 31 Advertisements Column 1
      214 31 IWa-rWfOlfNdSmW Q PlayTheTWOGan^NOW] "5, "venture dJu-i^'f"^"^' 1'"'" Q Gold Award for Best in Cross Media (Cross Media Advertising) Gold Award for Best in Online Media The Sunday Times/ AslaOne/ Radlo9l.3FM ("Unexpected Australia" Campaign) (Newspaper Website) omy.sg 1= 111 ■as?" 13ip™ ■E^S k1 BFC?vtiifBt"'f?~l |!:;:fl"ira B=:fe-^ Gold Award for Best in
      214 words
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  • Page 32 Advertisements
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      Lock icon Page 32 Advertisements Column 1
      1103 32 PROJECTNAME/ PROP CONTRACT TENURE BUILT-IN/LAND PRICE PSF PROJECTNAME/ PROP CONTRACT TENURE BUILT-IN/LAND PRICE PSF STREETNAME TYPE DATE AREA*(SQFT) (S$'000) (Ss) STREETNAME TYPE DATE AREA*(SQFT) (S$'000) (Ss) District 16 Sherwood Twr Apt 11/09/2009 99 1410 765 I 543 LANDED Signature Park Apt 11/09/2009 FH 1399 1010 722 KewValeCollection 3-Ter 09/09/2009 99
      1,103 words
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  • BT Living
    • SHOPPING
      • Article, Illustration
        Lock icon One step
        2242 35  -  Audrey Phoon Corinne Kerk Melissa Lwee Three luxury accessories brands continue to do well amidst a recessionary environment, with a marriage of fine craftsmanship and high technology COLE HAAN IF you've ever wondered what it's like to be in Barack Obama's shoes, the answer is: not too hard-going,
        YEN MENG JIIN; JOHN HENG  -  2,242 words
      • Article, Illustration
        Lock icon DIOR'S NEW LOOK
        752 36  -  Melissa Lwee Dior opens its doors at ION with menswear up front. IN 1947, after a huge economic crisis that struck the world in the aftermath of World War 11, a designer called Christian Dior revolutionised fashion with a collection that was not only shocking but dare
        752 words
    • GADGETS
      • Article, Illustration
        Lock icon Handy cams
        889 37  -  Christopher Lim Panasonic's most compelling compact to date, or Canon's latest power machine? Take your pick. By HE profusion of new high-end camera categories has made life for SLR buyers both more interesting and more complicated. Cameras based on the so-called Micro Four Thirds system such as Panasonic's
        889 words
    • CEOS' HAWKER GUIDE
      • Article, Illustration
        Lock icon all fired up
        1661 38  -  Geoffrey Eu BT Weekend puts top satay stalls and BBQ seafood favourites to the test. RECENTLY, there's been much ado over the origins of some local food dishes, but bona fide foodies are more likely to get heated up debating the relative merits of, say, fish porridge
        YEN MENG JIIN; ARTHUR LEE  -  1,661 words
      • Article, Illustration
        Lock icon West side story
        543 38  -  Audrey Phoon By Wee Piew CEO, HG Metal Manufacturing HG Metal Manufacturing's Wee Piew says he enjoys hawker food, but is "too lazy" to travel far for it. And because he lives in the west and works there too, that means the CEO seldom partakes of what
        543 words
    • DINING
      • Article, Illustration
        Lock icon Drink it all in
        1676 39  -  Audrey Phoon Amanda de Guzman Geoffrey Eu We check out some of the new lifestyle beverage outlets springing up around town Sapore Italiano #01-15 Raffles City Shopping Centre 252 North Bridge Road *****-4236 THE Italians are big on design. It's obvious from their cars (Ferrari Modenas
        1,676 words
    • HOME & GARDEN
      • Article, Illustration
        Lock icon Sri Lanka s budget architect
        1135 40  -  Arthur Sim design Chelvadurai Anjalendran has made a name for himself by designing buildings using cheap materials and traditional construction techniques, while incorporating vernacular elements. IN AN age of high speed broadband, it is not so fashionable to talk about vernacular architecture anymore. After all,
        WARUNA GOMIS  -  1,135 words
    • TRAVEL
      • Article, Illustration
        Lock icon Bali brandec
        948 41 The combination of global influences and local craftsmanship in Bali is producing unique art and homewares that are getting the stamp of approval from luxury brands. By Audrey Phoon PEOPLE go to Bali in search of different things. You see that as they get off the plane at
        AUDREY PHOON  -  948 words
      • Article, Illustration
        Lock icon Living the designer lifestyle
        449 41  -  Audrey Phoon IF YOU'RE after more than a sculpture or a metre of songket from Bali (say a structure substantially more imposing, or your own swathe of the island's periwinkle-blue sky) Bali can offer you that, too in the form of the Bulgari Residences. The five-villa
        449 words
    • TRAVEL
      • Article
        Lock icon Suite view
        558 42  -  Jaime Ec By Benefits of catching a piece of the FI action from trackside hotel rooms outweigh the costs. SUESTION: Who loses one kilogramme through perspiration on one night, requires lots of fancy k to negotiate an uneven track, and has to fend off unwanted attention from people
        558 words
    • HEALTH
      • Article, Illustration
        Lock icon Not novel, just navel
        787 43  -  Cheah Ui-Hoon Single incision laparoscopic surgery, where gall bladders and appendixes can be removed through a single cut within the belly button, has been around in Singapore for at least a year. I IRST there was keyhole I surgery, or laparoscopy. Now, the talk is about
        787 words
    • SPORT
      • Article, Illustration
        Lock icon Freewheeling freedom
        770 44  -  Ong Boon Kiat no holds barred boonkiat@sph.com.sg Correspondent EIGHTY kilometres into our 150 km charity fundraising bike ride to Mersing from Singapore, the terrain turned nasty. "Rolling hills!" cheerfully announced Jimi, the power-riding chaplain from Salvation Army's Peacehaven Nursing Home, from the front of our small group. We
        JEFFERY TEO  -  770 words
      • Article, Illustration
        Lock icon Playing the name game
        795 44  -  John Dykes kick off with John dykes EUROPEAN football has a distinctly retro feel to it these days. In any given week of Champions and Europa League action, one is more than likely to read about the exploits of Diego, Michel Platini, Falcao and possibly even
        795 words
    • GOLF
      • Article
        Lock icon Vietnam going gaga over golf
        698 45  -  Justine Moss The game is growing fast among local amateurs By. OVER the past few years, Vietnam has grown by leaps and bounds as a golfing destination. In 2007, it was named as the "Undiscovered Golf Destination of the Year" by the International Association of
        698 words
      • Article, Illustration
        Lock icon No weak links here
        642 45  -  Justine Moss THE newest golf development in Vietnam is The Montgomerie Links (ML), an 18-hole championship course which opened just six weeks ago and is located near Da Nang on the country's central coast, near China Beach. Colin Montgomerie, a European Tour veteran and captain of
        642 words
    • MOTORING
      • Article, Illustration
        Lock icon Small wonders
        402 46 They may be small but they are also very safe. Samuel Ec looks at two five-star French models THE Renault Clio may not immediately come to mind when shopping around for a new car but the latest version has suddenly become a model worth taking a closer look
        402 words
      • Article, Illustration
        Lock icon The safe, chic CC
        379 46 IT may have perfect safety credentials but for Singapore buyers, perhaps the most interesting aspect of the new Peugeot 308 CC is that it is the only COE Category A convertible on the market. With its 1,600 cc engine, the 308 CC stands out from its
        379 words
    • MOTORING
      • Article, Illustration
        Lock icon PERFECT 10
        574 47  -  Samuel Ec Audi's newest R8 the VIO version performs just as well in the city as it does on the circuit. EVASTATING yet docile few cars can feel this way but the Audi R8 is one of I them. This two-seat-M er high- performance car from the German
        574 words
      • Article, Illustration
        Lock icon Driving force
        285 47 STEPHAN Verdier was one of the two instructors at this week's Audi Powerhouse event at the Changi Exhibition Centre. When he is not giving his students driving tips, Verdier is a champion racing driver. Among other titles, he has won the Pikes Peak Hill Climb in two different
        285 words
      • Article, Illustration
        Lock icon F1's silly season
        610 48  -  Samuel Ec fl watch The musical chairs have started with Fernando Alonso's move to Ferrari FORMULA One returns to Suzuka for the Japanese Grand Prix this weekend after two years at the Fuji Speedway but instead of being excited about the challenging circuit and its unusual figure-8
        AFP, AP, REUTERS  -  610 words
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  • Page 42 Advertisements
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      1151 42 Wine^ Cline with BTWeekend Pine Court Chinese Restaurant bar station to one of the largest salad bars in renowned Group Masterchef Chan Kwok, Level 35, Orchard Wing town. The restaurant also serves a delicious enjoy specially crafted Lunch and Dinner set Meritus Mandarin Singapore brunch buffet on Sundays, with choice
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