The Business Times, 11 December 2009
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2009-12-11
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The Business Times
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Title Section20 2009-12-11 1 THE BUSINESS TIMES Ssl.oo online at http://www.businesstimes.com.sg S|^l A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA (P) 123/08/2009 Friday, December 11,200920 words
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Article, Illustration933 2009-12-11 1 KALPANA RASHIWALA - KALPANA RASHIWALA Bottom in sight in 2010, observers say; leasing activity is gathering steam By [SINGAPORE] The Singapore office market has seen its prospects improve dramatically since a gloomy start this year. While office rents are still expected to dip further nextCBRE Research - 933 words
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MARKETS DIGEST
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Article85 2009-12-11 1 Source: IS$ (S$ per US$) 1.391 (US$/S$ per 1.623 2.258 :URO (US$/S$/E) 1.470 2.045 Foreign currency per US$ S$ 'EN 88.00 63.20 3.400 2.444 IK$ 7.751 5.572 !AHT 33.14 23.82 lUPIAH 9,443 6,788 1ENMINBI 6.826 4.907 INDIAN RUPEE 46.66 33.54 1.095 0.787 IZ$ 1.378 0.991 1 COMP 1,259.90 +4.1485 words
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Article27 2009-12-11 1 Bloomberg SINGAPORE 5.38 MALAYSIA 5.55 HONGKONG 5.00 INDONESIA 15.793 TAIWAN 4.696 JAPAN 1.475 KOREA 9.33 BRITAIN 0.50 US 3.25 CANADA 2.25 SWITZERLAND 0.53 INDIA 11.75Bloomberg - 27 words
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414 2009-12-11 1 JAMIE LEE - JAMIE LEE They're also stopped from blocking probes by auditors By [SINGAPORE] Independent Directors (IDs) of Sino-Envi-ronment Technology Group were granted court orders yesterday to restrain the company's executive directors (EDs) from selling any major assets and signing new contracts of significant414 words
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Advertisement215 2009-12-11 1 8 *****1 *****4 I^I^IB I^BlP?^"'' V I lal how can such beauty perform so well? I r *ml B^^^ I Film audiences have raved about Nicole Kidman's extraordinary beauty from the beginning of her career. But she has always H HlP^^^ I been so much more than her appearance. She215 words
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Page 1 Miscellaneous
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Miscellaneous88 2009-12-11 1 fa* NOBEL PEACE PRIZE HOCK LOCK SIEW EXECUTIVE mMW^ 2 WINE Obama defends just wars I Ull Dual listing lure poses LIFESTYLE IM A special wish list in accepting prize m challenge to SGX Deck the malls fefiil to end the year with PAGE 15 P*JF 1 PAGE 4 PAGE88 words
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TOP STORIES
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THREE-MINUTE DIGEST
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69 2009-12-11 2 THE Singapore office market has seen its prospects improve dramatically since a gloomy start this year. While office rents are still expected to dip further next year, although at a much slower pace than over the past 15 months, an unexpected flurry of69 words
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38 2009-12-11 2 INDEPENDENT directors of Sino-Environment Technology Group were granted court orders yesterday to restrain the company's executive directors from selling any major assets and signing new contracts of significant value. FRONT PAGE38 words
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67 2009-12-11 2 FINANCIAL markets received another rude shock when Spain became the latest target of the international credit rating agencies, following a downgrade of Greece earlier this week. On Wednesday, Standard Poor's cut its rating outlook for Spain's government debt to negative from stable,67 words
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45 2009-12-11 2 THE weighting of Asean markets in most global portfolios seems small due to a perceived lack of investment opportunities, low liquidity and weak investor relations in the region, Singapore Exchange chief executive Magnus Bocker said yesterday. COMPANY NEWS, PAGE 445 words
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49 2009-12-11 2 AS the year closes, orders are trickling back at Keppel Corp, with $160 million of new contracts announced yesterday the most significant being a repeat floating production storage and offloading vessel conversion order from Emas Offshore Construction and Production. COMPANY NEWS, PAGE 849 words
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61 2009-12-11 2 MALAYSIA'S industrial production in October grew 0.7 per cent, the first expansion after 13 consecutive months of contraction, on the back of increases in manufacturing activities and electricity output. The earlier than expected turnaround coupled with the 1.7 per cent growth in October exports point61 words
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Article, Illustration427 2009-12-11 2 UMA SHANKARI - UMA SHANKARI MND tipped to announce Chionh Chye Khye's appointment next year By [SINGAPORE] THE Ministry of National Development (MND) has picked someone from within its ranks to head the new government agency that will be set up to regulate property agents in Singapore.427 words
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Article, Illustration680 2009-12-11 2 CONRAD TAN - CONRAD TAN Moves by ratings agencies could raise costs of borrowing for govts worldwide By [SINGAPORE] Financial markets received another rude shock when Spain became the latest target of the international credit rating agencies, following a downgrade of Greece earlier thisREUTERS - 680 words
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Article469 2009-12-11 2 -AFP, Reuters [COPENHAGEN] The United States and China clashed at the UN climate conference yesterday over who to blame and who should pay for global warming, with Washington saying that Beijing was a low priority for compensation. China's top delegate earlier blamed rich countries-AFP, Reuters - 469 words
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Article, Illustration554 2009-12-11 3 LEE U- WEN - LEE U-WEN Bring foreigners in or deal with slower economy due to ageing population By [SINGAPORE] It's time for Japan to make a choice either be more accepting of foreigners into its society, or risk dealing with a rapidly ageing and decliningCHOW P W/UANHE ZAOBAO - 554 words
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664 2009-12-11 3 -Reuters, AP LATEST US DATA But October trade deficit narrows by 7.6% to USs32.9b [WASHINGTON] The number of US workers filing new claims for jobless benefits rose more than expected last week, but a surprise narrowing in the trade gap in October suggested-Reuters, AP - 664 words
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Advertisement57 2009-12-11 2 p^ I P^S T^e u'timate nome entertainment :ofltfl ——^^^^I^l^^ lifestyle experience awaits. RR^^ I 1 7l'; Orchard Rd 1 Coleman St HHH^^^ The Cenierpoint The Adelphi Ultra-Luxe Music Systems I Elite Private Theatres MJlttzone Mjsic Mwie Systems Fully Integrated Smart Home ContiDls Luxury Turn-Key Installations Projects I Custom System Integration57 words
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Advertisement36 2009-12-11 3 i r. V Km M mm, _*?<•« «Jm JU flp&w *J_ »JL. mJLm *-4» .*W '«^m» aA. R j #^^^^^^^^^^^^b ri^^^^^^^^^^^^^- .^^^^^^^^^^^^H f^M^^^^^^^^^V «4MB CHRISTMAS AT LAST! Liat Towers Tel. 6738 9807 Takashimaya Tel. 6735 5228 Hermes.com36 words
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COMPANY NEWS
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Article, Illustration305 2009-12-11 4 JAMIE LEE - JAMIE LEE SGX chief suggests using investor relations to compete with larger bourses By THE weighting of Asean markets in most global portfolios seems small due to a perceived lack of investment opportunities, low liquidity and weak investor relations in the region, Singapore ExchangeFILE PHOTO - 305 words
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312 2009-12-11 4 JAMIE LEE - JAMIE LEE By GETTING paid by a company to research and rate it does not compromise the objectivity of the research, analysts said at an investor relations conference yesterday. The small fee paid to research houses hired under schemes such as the312 words
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336 2009-12-11 4 ZHANG JIAO - ZHANG JIAO By DESPITE the tough economic climate, Singapore Press Holdings (SPH) has raised and given more than $6 million to the needy this year. This includes the SPH 25th anniversary charity giving of $500,000 to the Community Chest of336 words
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734 2009-12-11 4 YEN SREENIVASAN - YEN SREENIVASAN THE performance of China XLX on its debut on the Hong Kong bourse has serious implications for Singapore's ambitions to attract offshore companies to list here. The stock of the urea maker roared to a record HK$lO on a dual listing debut734 words
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354 2009-12-11 4 JERMAINE NG - JERMAINE NG By SINGAPORE-BASED civil engineering group Hock Lian Seng (HLS) Holdings has launched an initial public offer for listing on the main board of the Singapore Exchange. HLS Holdings, a home-grown company set up in 1969, is offering 110 million new354 words
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Article, Illustration481 2009-12-11 7 JOYCE HOOI - JOYCE HOOI It predicts the STI hitting 3,250, then falling on stimulus withdrawals globally By THE latest Citi Corporate Securities Strategy report paints deeply contrasting scenarios for the earlier and later parts of 2010 for Singapore. While the first part ofFILE PHOTO - 481 words
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229 2009-12-11 7 Sale of building, which its unit is constructing, to yield $17.3 m gain BOUSTEAD subsidiary Boustead Projects has signed a $67.8 million deal to sell a wafer fab building that it is constructing in Tampines. The price represents 18.1 per cent of Boustead's market229 words
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333 2009-12-11 7 OH BOON PING - OH BOON PING By OCBC Investment Research (OCBCIR) has named Wilmar and Noble its preferred stock picks, while maintaining an "overweight" call on commodities. In a report, the research house said that the worst of the economic downturn is over and that it expects the333 words
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Article, Illustration402 2009-12-11 8 VINCENT WEE - VINCENT WEE New contracts worth $160 m as market sentiment livens up By AS the year closes, orders are trickling back in at Keppel Corp, with $160 million of new contracts announced yesterday the most significant being a repeat floating production storage and402 words
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323 2009-12-11 8 OH BOON PING - OH BOON PING Cable is expected to be laid from 2010, ready by 2012 By TELEMEDIA Pacific Group (TPG), which owns about half of Singapore-listed Ban Joo Company, has joined a project to develop and construct an in-tra-Asian undersea cable link called the South323 words
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249 2009-12-11 8 WONG SU- JIN - WONG SU-JIN By CHINA-BASED steel maker Delong Holdings has restructured 1.5 billion yuan (Ss3os million) of convertible bonds following approval by bondholders and shareholders. The company said that the last tranche of this restructuring was completed yesterday, when holders of 48.9 million yuan of convertible bonds249 words
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COMPANY BRIEFS
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52 2009-12-11 8 RYOBI Kiso Holdings Ltd is seeking a listing on the main board of the Singapore Exchange. The company is a ground engineering solutions provider specialising in bored piling and eco-friendly piling and geo-services. It lodged its preliminary prospectus with the Monetary Authority of52 words
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52 2009-12-11 8 ARA Trust Management (Suntec) Ltd said that HSBC Institutional Trust Services (Singapore) Ltd has fully discharged Suntec Reit's indebtedness under the $700 million commercial mortgagebacked securities. The securities matured on Dec 9, 2009 and were discharged with the proceeds from the $825 million term52 words
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48 2009-12-11 8 US investment fund manager Yorkville Advisors plans to invest up to $72 million in life sciences firm Transcu Group. Transcu said that it had entered into a $72 million equity line facility with YA Global Master, a fund managed by Yorkville Advisors.48 words
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Article58 2009-12-11 8 XPRESS Holdings Ltd has reported a Ql net profit of $1.06 million for the quarter ended Oct 31, a 69.5 per cent drop from $3.48 million a year ago. Revenue fell to $12.81 million from $15.17 million. Earnings per share came to 0.07 of a58 words
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Advertisement39 2009-12-11 4 BUILDING FUTURES One success story at a time I want a global I MBt i /^^H distinctive mark in I l I r I alternative investments 111 V I WEHAVETHEPLAN 114 Dec (Mon) Level 3Rm 310 CAIAPVI4I2 emailaddress name39 words
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Advertisement5 2009-12-11 5 r^ '^1 H2|&|&ijlj||j|||i(|iyjUij^ fo^ j^f5 words
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SINGAPORE MARKETS
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Article, Illustration631 2009-12-11 6 R SIVANITHY - R SIVANITHY STOCKS STI loss cut to 15.35 points as traders see firm US open; banks weak while property stocks either flat or weaker TRADING was mostly weak yesterday, but a late burst of buying ahead of an anticipated rise on Wall Street limitedBloomberg - 631 words
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Article101 2009-12-11 6 Up Down Unch Up Down Unch Up Down Unch lulti Ind 7 4 5 0 0 0 7 4 5 lanufacturing 44 59 80 11 48 68 91 Commerce 16 23 26 20 30 29 "pt/Stor/Comms 15 21 15 23 ■inance 10 14 10 14 instruction 10101 words
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Article109 2009-12-11 6 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 31,258 31,258 84,663 84,663 lanufacturing 325,359 10,492 335,851 218,482 803 219,285 lommerce 243,099 48,530 291,629 148,141 10,649 158,790 'pt/Stor/Comms 108,489 6,243 114,732 152,457 1,305 153,762 :i nance 22,369 22,369 176,006 176,006 lonstruction 45,148 6,866 52,014 18,311 149 18,460 'roperties109 words
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Article100 2009-12-11 6 lapitaLand 4.190 4-0.030 lapitaMal 1.720 JtyDev 10.700 -0.160 lomfortDelGrc 1.550 4-0.030 Iosco Corp 1.080 )BS Grp 14.580 -0.100 :&N 4.000 ienting SP 1.080 -0.010 iolden Agri 0.475 -0.010 IK Land 4.830 IMH 29.380 -0.400 JSH 17.520 4-0.140 JardineC&C 24.820 -0.320 Ceppel Corp 8.200 -0.090 IOL 1.520100 words
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Article, Illustration841 2009-12-11 6 JAMIE LEE - JAMIE LEE China Gaoxian Dec 10 close: $0,205 DMG PARTNERS SECURITIES, Dec 10 VALUE chain expansion in the works: We visited China Gaoxian's (CG) plant in Changle, Fuzhou which occupies a land of 1.4 million square feet and has an annual capacity of 120,000 metric tonnes (MT) yarn: Bloomberg - 841 words
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Article, Illustration560 2009-12-11 6 Reuters CURRENCIES [LONDON] The Australian and New Zealand dollars rose yesterday on growing expectations of higher interest rates, while concerns over fiscal health in Greece and Spain kept the euro near a five-week low versus the US dollar. Strong Australian jobs– Reuters; REUTERS - 560 words
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Article61 2009-12-11 6 Dec 10 VALUE CLOSE IT OB/OS 20.00-100.OC IT CADI -*****.00 -65.0' IT 10-day MA -*****.00 +2.0' TSE ST Mid Cap 662.27 -3.0i TSE ST Small Cap 531.11 +1.2 TSE ST All Share 685.30 -3.41 TSE ST China Top 277.16 -2.8 TSE ST China 295.85 -1.7i TSE ST61 words
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Article59 2009-12-11 6 VOLUME BanJoo 79,196,000 Yinq Li 65,317,000 Achieva 54,143,000 CapMallsAsia 53,373,000 China XLX 48,008,000 Sinotel Tech 43,657,000 Golden Agri 34,259,000 Novena 32,720,000 Ocean us 32,071,000 Uni Envtech 26,915,000 VALUE(S) CapMallsAsia 142,336,400 DBS Grp 56,248,140 Keppel Corp 54,553,910 Capita Land 52,165,560 Noble Grp 48,300,840 Sing Tel 46,345,640 UOB 44,867,14059 words
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Article107 2009-12-11 6 CLOSE UP iBXT Ni 10US$ ***** 150.5 1.0 ICC 3.93% NCPS10 8350 50.0 0.' iBXT FTChina25 10US$ 3098 25.1 0.' ISH 1752 19.5 0.: India Ni 10 1535 19.0 1. Creative Tech 605 14.0 2, 'BL Con 511 13.0 2.' iBXT MSKorea 10US$ 4542 11.2 0., iBS Bk6% NCPS107 words
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Article107 2009-12-11 6 CLOSE DOWN 4305-149.1 -2.4 iBXT FTVietnam 10US! LD 10US *****-114.3 -0.7 IMH 2938 -55.7 -1.3 iBXT S&P Short 10US! 5512 -37.6 -0.5 iBXT MSTaiwan 10US$ 1556 -32.1 -1.5 Russia 10US 357 -32.1 -6.1 lardine C&C 2482 -32.0 -1.3 At '.ES.0912 1062 -22.0 -2.i Con i.ES.0912 822 -22.0 -2.i ICBC107 words
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Article79 2009-12-11 6 iere stands ISS Dec 10 %CHNG CLOSE FRD«9 YR2009 S$ LOW S$ HIGH 1.3888 0.21 1.5579 1.3800 iuro 2.0433 0.31 2.0952 1.9150 'ounds 2.2608 0.23 2.4366 2.0356 1.2714 -0.81 1.2942 0.9453 ren* 1.5748 0.78 1.7278 1.4831 lupiah* 0.***** 0.18 0.***** 0.***** !aht* 4.1913 0.04 4.3390 4.1040 'eso* 3.0061 -0.1879 words
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Advertisement181 2009-12-11 7 Inspired. And always inspiring. The new generation S-Class. The icon of motion. The S-Class isn't just viewed as one of the most desired luxury two different programmes at the same time, on the same screen, on the other hand, detects the white lines on the road and tips symbols in181 words
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Advertisement361 2009-12-11 8 sC^ sA2oo noon^ y^ o^er C^°S6S 2009 vi n 1 1 vi j J Hock Lian Seng Holdings Limited m|L. (Company Registration No.: *****8903E) (Incorporated in the Republic of Singapore on 20 May 2009) One of the leading Singapore-based Civil Engineering Groups... Business Overview Our Investment Merits With an established361 words
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Advertisement52 2009-12-11 8 PRIME ORCHARD AREA RETAIL SPACE nomu Handy Road avant-garde double-storey commercial space contemporary architecture by multi-award winning WOHA wide street frontage, opposite Dhoby Ghaut MRT sale/lease: freehold 582 sm (6,265 sf) exclusive private lift lobby, parking, alfresco terraces ideal for all commercial uses retail/showroom/exquisite offices H Kevin Lai +65 9060-222852 words
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Advertisement481 2009-12-11 9 CONGRATULATING THE SUCCESSFUL DELIVERY OF THE SEVAN DRILLER BY COSCO CORPORATION (SINGAPORE) LTD Congratulations on the successful delivery of the Sevan Driller by COSCO (Nantong) Shipyard Co., Ltd., a subsidiary of COSCO Corporation (Singapore) Ltd to Sevan Marine ASA on 23 November 2009. The Sevan Driller has completed sea trials481 words
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SINGAPORE NEWS
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Article, Illustration694 2009-12-11 10 AMIT ROY CHOUDHURY - AMIT ROY CHOUDHURY Information and communication tech can curb 5.8b tonnes till 2020 By AS world leaders and climate control analysts grapple with global warming at the ongoing UN conference in Copenhagen, a report released yesterday showed that global carbonREUTERS - 694 words
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165 2009-12-11 10 TICKETS for Child Aid charity concerts on Dec 19-21 have been sold out. "This proves Singaporeans have big hearts and support young talent," said Child Aid organising chairman, Peter Khoo. "We are humbled and grateful for the tremendous support. We also wish to165 words
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425 2009-12-11 10 JOYCE HOOI - JOYCE HOOI City Square Mall kicks off green building exhibition By THE public got a taste of how to live and shop greener yesterday, with City Square Mall becoming a hive of activity that befitted its Platinum Green Mark status. Singapore's first eco-friendly supermarket425 words
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SINGAPORE ROUNDUP
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44 2009-12-11 10 THE Housing and Development Board said yesterday that it has sold a site at Westwood Avenue to Chappelis for $38.5 million. The 14,098.9 sq m plot has a 99-year lease and the proposed development is landed housing.44 words
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72 2009-12-11 10 KRISTON Food and Beverage has been appointed to manage the merchandise outlet and operate the food and beverage outlet at the Singapore Pavilion for World Expo Shanghai 2010, the Singapore Tourism Board said yesterday. Kriston has previously run the F&B outlets at72 words
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399 2009-12-11 10 THE government will maintain an interest rate floor of 4 per cent for all Central Provident Board Special, Medisave and Retirement account money for an extra year. This will "help members cope with the current economic climate", the CPF Board said yesterday. The399 words
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349 2009-12-11 10 TEH SHI NING - TEH SHI NING But Spore, citizens must benefit from system of openness By STAYING open to talent inflow is vital to Singapore's continued success, Law Minister X Shanmugam said at the Harvard Club of Singapore's annual dinner last night. "If we are not open349 words
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358 2009-12-11 10 CONRAD TAN - CONRAD TAN By SWISS boutique private bank Banque Heritage has opened its first Asian office in Singapore, targeting wealthy families from around the region. Chief executive Carlos Esteve said the bank will use its experience in providing family-office services in Switzerland to attract rich358 words
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388 2009-12-11 10 FELDA CHAY - FELDA CHAY Recovery gives local firms a chance to venture offshore By NOW is a good time to introduce export-import (Exim) banking in Singapore as the recovery in global markets opens up opportunities for local companies to venture offshore, Association of Small388 words
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ECONOMY WATCH
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Article, Illustration222 2009-12-11 11 Bloomberg [LONDON] Bundesbank president Axel Weber sees no broad-based credit crunch in Germany and weaker lending flows do not mean that credit markets are grinding to a halt. "Particularly against the backdrop of the financial market crisis and facing an economic downturn, it's to– Bloomberg - 222 words
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364 2009-12-11 11 -AFP [SEOUL] South Korea's central bank yesterday froze its key interest rate at a record low 2.0 per cent for a 10th month, saying that uncertainties remain about the pace of the country's economic recovery. At its monthly policy meeting, the Bank-AFP - 364 words
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572 2009-12-11 11 Bloomberg A sudden unwinding of trade could be cause for concern: official [SYDNEY] The Australian dollar carry trade, in which investors borrow Japanese yen, Swiss francs and US dollars to invest in high-er-yielding Australian assets, is stoking gains in the nation's currency,– Bloomberg - 572 words
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Article366 2009-12-11 11 Reuters It lifts 2010 growth forecasts, prepares to remove stimulus [WELLINGTON] New Zealand's central bank yesterday signalled that it may start raising rates in April, pulling back from a pledge to stand pat until late 2010 and fuelling speculation that the recovery could warrant a– Reuters - 366 words
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Advertisement371 2009-12-11 11 Specialist In Bordeaux Italian Wines W7Ler&Tui& witter cuuCrdr& 4jta£s re^4\^A £3 DRirF pprrF SALE MARKET PRICE PRICE pRICE pRICE SASSICAIA PETRUS 1985 lOOpts $3200 $3760 1982 98pts $9150 $***** 1990 94pts $800 $955 1998 98pts $4300 $5310 2005 93pts $195 $238 2006 99pts $268 $315 LAFITE ROTHSCHILD 1985 90pts $1050371 words
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MALAYSIA/INDONESIA
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Article, Illustration456 2009-12-11 12 PAULINE NG - PAULINE NG Oct upturn and 1.7% export growth signal recovery underway, say economists By in Kuala Lumpur MALAYSIA'S industrial production in October grew 0.7 per cent, the first expansion after 13 consecutive months of contraction, on the back of increases in manufacturing activities andBLOOMBERG - 456 words
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302 2009-12-11 12 Bloomberg [JAKARTA] Indonesia eased requirements for listed companies to sell new shares without making an offer to all existing shareholders, the nation's capital market regulator said. Companies may sell new shares of up to 10 per cent of their stakes without a rights– Bloomberg - 302 words
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350 2009-12-11 12 PAULINE NG - PAULINE NG By in Kuala Lumpur HARD disk drive component maker JCY International has confirmed plans to list on Bursa Malaysia more than three years after an eagerly awaited public share sale was scrapped. "We confirm that on behalf of350 words
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Article, Illustration417 2009-12-11 12 S JAYASANKARAN - S JAYASANKARAN By! in Kuala Lumpur OC PHANG, the former general manager of the Port Klang Authority (PKA), and two others were charged yesterday in the Sessions Court in Klang with criminal breach of trust in connection with the Port Klang Free Zone (PKFZ)AP - 417 words
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213 2009-12-11 12 Bloomberg [KUALA LUMPUR] Malaysia's MOL Global Ltd will buy Friendster Inc, owner of one of the world's oldest online social networking sites. The merged companies are expected to generate annual revenue of US$llO million, Ganesh Kumar Bangah, chief executive officer of MOL Global Ltd, told– Bloomberg - 213 words
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Advertisement193 2009-12-11 12 RARE BUSINESS OPPORTUNITY ■M.'i'UiiiWiin Huge land bank of 400,000 acres of land (with trees) in East Malaysia for sale with government approved logging concession. Full cost of land can be fully recovered by logging. Ideal for conversion into profitable oil-palm plantation. Very attractive price easy terms of payment. Genuine parties193 words
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Advertisement36 2009-12-11 12 THE HEARTBEAT OF THE INDIAN COMMUNITY FT^^^m-l J I f\ 91.3 Commercial The Peanut /^M *S\ 01am man impresses Argentina 1 O M^S^ f with his business sense... cs?fc o^Jr I snd his turbsn S^jrfS^ w^^36 words
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GREATER CHINA/INDIA
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Article, Illustration654 2009-12-11 13 Bloomberg It will extend subsidies for purchases of cars, home appliances [SHANGHAI] China scrapped a tax break on property sales and extended subsidies for car and home appliance purchases, seeking to cool speculation while sustaining a recovery in the world's third largest economy.■ Bloomberg; BLOOMBERG - 654 words
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349 2009-12-11 13 Reuters [MUMBAI] India's central bank said it would withdraw from Jan 1 some concessions on overseas borrowing for Indian firms introduced during the global credit crisis, although it also eased rules for the infrastructure and telecoms sectors. The changes would limit the ability of– Reuters - 349 words
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253 2009-12-11 13 Reuters [BEIJING] Chinese banks and insurers should adopt a new business model aimed at building more exclusive and integrated ties to maintain growth in premiums, according to a survey by a consulting group and insurer. Chinese insurers collected nearly 40 per cent ofReuters - 253 words
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Article209 2009-12-11 13 Reuters Telangana will take 10 out of 23 districts of Andhra Pradesh [HYDERABAD] India's government will carve a new state out of southern Andhra Pradesh base for several major multinational corporations' operations after violent protests, in a move likely to fuel more statehood demands. Regular– Reuters - 209 words
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Advertisement2479 2009-12-11 13 NH CERAMICS LTD. (Incorporated in the Republic of Singapore) (Company Registration No. *****0384G) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting ("EGM") of the Members of NH Ceramics Ltd. (the "Company") will be held at 48 Sungei Kadut Street 1, #03-00, Poh Cheong Building,2,479 words
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Advertisement38 2009-12-11 14 J^mm||B|j I fni T A* 1 II I 111 I Hjt A il^^P^l ft Mm Iff: a rIS t > 1 1 '-i^^SS-i\\\\\\^mmY 5^ The best of both worlds 1 iy paper aw IHHj A publication of 9hj I38 words
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ASIA-PACIFIC/WORLD
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467 2009-12-11 15 Reuters But it will continue to scrutinise overseas investment in mining sector [CANBERRA] Australia sought yesterday to ease Chinese concerns that its foreign investment rules were biased against China-based resource deals, but said that it would continue to scrutinise overseas investment in the– Reuters - 467 words
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Article, Illustration531 2009-12-11 15 -Reuters He says he will not stand idle in the face of threats to the American people [OSLO] The United States must uphold moral standards when waging wars that are necessary and justified, President Barack Obama said yesterday as he accepted-Reuters; AFP - 531 words
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303 2009-12-11 15 Reuters [LONDON] Japan's Nomura said on Wednesday that it planned to be the first bank in Europe to open its dark pool to all market players and provide more transparency as it aims to increase the pool's size and appeal– Reuters - 303 words
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427 2009-12-11 15 Reuters [TOKYO] Japan's core machinery orders fell in October, but the drop was small compared to a large rise the previous month and analysts said the worst may be over for capital spending, which has been a drag on the economic recovery.– Reuters - 427 words
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Advertisement12 2009-12-11 15 CATS Recruit The first step on your ladder to success I < o12 words
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Advertisement839 2009-12-11 15 THEATRE RED INTERACTIVE PTE LTD (f (Company Registration No *****5683W) Iflkfe (In Voluntary Liquidation) NOTICE IS HEREBY given pursuant to Section 308 (2) w n|Mnc ,Tn of the Companies Act, Cap. 50 that the Final Meeting of WEE HUR HOLDINGS LTD. Members of the abovenamed Company will be held at839 words
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WORLD
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450 2009-12-11 16 Reuters This removes a stumbling block in the firm's search for a new CEO [CHARLOTTE] Bank of America Corp has fully repaid the US government the US$45 billion in aid that it took during the height of the financial crisis, the company said– Reuters - 450 words
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Article, Illustration662 2009-12-11 16 -AFP COPENHAGEN TALKS [COPENHAGEN] A major rift surfaced at UN climate talks between emerging giants and countries most exposed to the ravages of global warming, as top polluter China took aim at rich nations for failing to act. Tensions over climate targets emerged-AFP; XINHUA - 662 words
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727 2009-12-11 16 Reuters They warn of brain drain, damage to economic recovery [LONDON] A one-off tax on bank bonuses by Britain's embattled government will raise only a modest amount of cash for state coffers but will deal a damaging blow to London's standing– Reuters - 727 words
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685 2009-12-11 16 -AP Drastic measures needed to control a deficit that might hit 22b euros in '09 [DUBLIN] Ireland slashed pay for state workers, cut welfare benefits and imposed new environmental taxes on fuel on Wednesday as it unveiled a record 4 billion-AP - 685 words
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375 2009-12-11 16 Reuters [NEW YORK] The US Treasury Department said on Wednesday it froze a US$l billion public-private investment fund set up by TCW Group Inc to buy toxic financial assets, saying that the departure of star manager Jeffrey Gundlach triggered a "key person event"■ Reuters - 375 words
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599 2009-12-11 17 Bloomberg Transaction no longer viable, says Dubai ruler's office [DUBAI] Emaar Properties, the biggest developer in the United Arab Emirates, has abandoned a merger with three real-estate units of Dubai Holding to halt an expansion into the world's worst-performing property market. EmaarBloomberg - 599 words
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Page 17 Advertisements
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Advertisement496 2009-12-11 17 LUAUKY I A DAZZLING CHRISTMAS AT MERITUS This festive season, Meritus Mandarin and Marina Mandarin invite one and all to uninhibited indulgence with its plethora of sweet and savoury goodies. Hams, j^j§*^% turkeys and roasts feature alongside log cakes, puddings and pies. Conveniently located in the heart of Orchard Road,496 words
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EDITORIAL & OPINION
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479 2009-12-11 18 THE Singapore Exchange's (SGX) latest move to change listing rules to improve corporate governance will place a greater burden on independent directors (IDs). It comes in the wake of recent events which have highlighted how challenging the job can be for IDs, something far479 words
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Article, Illustration1076 2009-12-11 18 GEORGE JOSEPH - GEORGE JOSEPH Road, port infrastructure are being rebuilt, enhancing its transportation connectivity CAPITAL, technology and manpower training these are what Sri Lanka needs urgently to push ahead with the economic transformation of the country. And Singapore businesses and investors are being encouraged toREUTERS - 1,076 words
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Article, Illustration772 2009-12-11 18 ROBERT SAMUELSON - ROBERT SAMUELSON The Washington Post Writers Group THE BOTTOM LINE PRESIDENT Obama's critics sometimes say that he is engineering a government takeover of health care or even introducing "socialised medicine" into America. These allegations are wildly overblown. Government already dominates healthThe Washington Post Writers Group - 772 words
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Article, Illustration1224 2009-12-11 19 KOBUS BEUKES - KOBUS BEUKES Spending a modest amount of money and effort on fraud prevention can prevent future losses By THE supply chain is the one area in any organisation that is most often targeted by fraudsters. However, a relatively modest amount of money and effortREUTERS - 1,224 words
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751 2009-12-11 19 PAUL MOZUR - PAUL MOZUR By A VISITOR to China's Loess Plateau would rightly be puzzled that the region was once the cradle of Chinese civilisation. Through thousands of years of farming, much of the once fertile soil has been leached to the point of infertility.751 words
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238 2009-12-11 19 Narayana Narayana - Narayana Narayana LETTER TO THE EDITOR THE letter "Don't let independent directors become extinct" (BT, Nov 9) ends on the cautionary note that "if we don't do more to support the good independent directors and punish the bad and ugly ones, then good238 words
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SHIPPING/AVIATION
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Article, Illustration487 2009-12-11 20 -NYT It will not deter UK from meeting lower emission levels, says adviser [PARIS] Britain's plans to build a third runway at chronically congested Heathrow Airport in London won conditional endorsement from the government's chief climate adviser on Tuesday, which said that the-NYT; REUTERS - 487 words
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676 2009-12-11 20 Bloomberg [SINGAPORE] The Baltic Dry Index, the main measure of commodity shipping costs, may jump 15 per cent in 2010, aided by a recovering global economy, said STX Pan Ocean Co. The gauge may climb to an average of 3,000 in– Bloomberg - 676 words
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Article, Illustration538 2009-12-11 20 Bloomberg [ATLANTA] Delta Air Lines Inc and United Airlines said that business travel is improving and that the worst of the demand slump has ended. Delta, the world's biggest carrier, said that November ticket volume from corporate customers rose 5 per cent, theBloomberg; AFP - 538 words
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309 2009-12-11 20 Bloomberg [TAIPEI] U-Ming Marine Transport Corp, the bulk shipping unit of Taiwan's Far Eastern Group, plans to add at least 20 ships in the next five years as it expands into the crude carrier business, chairman Douglas Hsu said. "We are one of– Bloomberg - 309 words
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TRANSPORT STOCKS
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Article125 2009-12-11 20 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KWentures Keppel Corp Mercator Lines MTQ Corp NOL Pacific Shipping Pan-United Corp Rickmers Man Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship 0.68 0.34 1.08 0 69 2125 words
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Article27 2009-12-11 20 '000 nt'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings 0.90 8.78 8.60 3.14 3.15 -0.01 0.04 -0.05 0.04 unch 244 30 41 106 50227 words
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Article12 2009-12-11 20 '00 ■recious Ship Jegional Cont 17.90 ..9.50 unch -0.30 538 112012 words
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Article17 2009-12-11 20 '000 Aboitiz Equity ntl Container Keppel Marine 8.80 23.00 2.00 unch 0.25 0.10 774 469 17517 words
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Article21 2009-12-11 20 Evergreen Marine ....16.50 :irst Steamship 44.90 ManHai Lines 15.55 rang Ming Marine...11.40 -0.25 -1.10 -0.15 -0.35 6 4 3 721 words
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Article36 2009-12-11 20 '000 :awasaki Hvy Ind ..221.00 -8.00 ***** :awasaki Kisen 243.00 -11.00 ***** /litsubishi Hvy 304.00 -4.00 ***** /litsuiEng&Sbldg...213.00 -5.00 4803 /litsui Osk Lines 477.00 -12.00 ***** Jippon Express 400.00 9.00 5459 lipponYusen 260.00 -6.00 *****36 words
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Article2882 2009-12-11 20 AIRLINE CODES: AA American Airlines (AAL), AF Air France (AFR), Al Air India (AIC), AY Finnair Oy (FIN), AZ Alitalia Airlines (AZA), BA British Airways Public Ltd Co(BAW), BG Biman Bangladesh Airlines (BBC), BI Royal Brunei Airlines Sdn Bhd (RBA), BO Bouraq Airlines (BOU), BR EVA2,882 words
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SINGAPORE STOCKS
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Article8871 2009-12-11 21 Transaction date: Dec 10 52-wks Tel |h Low Code Last Sale Vol COOP) Hi! Day Last Quote Div Gr Yld Net |h Low Buyer Seller C'vr P/E MCap $mil Hil Coi 17 3 3148 8Telecom 9.5 2.5 5834 A-Sonic 34 16 5000 ABR Hldgs 15.5 5.5 1938 AEI8,871 words
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Article1715 2009-12-11 22 High Low Code Company Sale ('000) High Low Buyer Seller C'vr P/E $mil 10 5 1181 s AAGrp 25 12 8538 t APStrategic 4 0.5 1501 s Advanced System 7.5 3.5 3480 t Adventus 20 8.5 3518 t Afor 12.5 2 1524 t Alantac 11 4 7814 t1,715 words
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Article412 2009-12-11 22 52-Wk Tel h Low Code Last Sale S» Day Ih Low Last Quote Buyer Seller Div GrYld C'vr Net P/E s Hii Comi Hii 111 105 6389 ABFSG Bond ETF 109 819 427 CIMBAsean40 1OOUSS US813 290 149 DBSSTIETF1OO 280 -2 4627 3534 DBXT DJE5O 10US$ US4305 3282412 words
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Article252 2009-12-11 22 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 offer252 words
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Article9521 2009-12-11 22 UNIT TRUSTS FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced FundlS 2.141/ AIGIF Spore Bond Fund/ A 1.372/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 1.15/ APS Alpha Fund (USD)!** 0.82/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt Spore Pte Ltd AXAWM9,521 words
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Advertisement14 2009-12-11 21 Cj* ====i=::s^-, HF^IIhI Hr /Hi r .fiw^/S^i Hi Ha IlklllililLmß 11 Bill ill I14 words
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FINANCE & COMMODITIES
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374 2009-12-11 23 In local curr In S$ In US$ %dy %yr dy yr dy yr Index Change Change Change Change Change Change Dec 9 World Index Preliminary 807.9 -0.5 19.2 -0.7 20.1 -0.4 24.6 t EAFE Preliminai 756.2 -0.9 16.5 -1.2 21.6 -0.9 26.1 Euro[ Prelim inan374 words
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Article126 2009-12-11 23 As at 9am Dec 10 )i foreign currency: lurrencies Bid Offer »jst dollar 1.2610 1.2990 .an dollar 1.3110 1.3270 luro 2.0380 2.0610 IZ dollar 0.9980 1.0200 iterlini ind 2.2520 2.2780 IS dollar 1.3810 1.3960 .ocal dollars to 100 units rf foreign currency: Currencies Bid Offer :hi126 words
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Article163 2009-12-11 23 Dec 10 Xterniqht 1/16 -month 7/16 -months 9/16 l-months 11/16 Overnight mode: 0.03 IS$ Offer 3?it 5/16 7/16 Bid Hays I month I months 3 months i months months I IN --l.il, EAu 0.25 0.29 0.35 0.37 0.55 0 90 1.00 Offer 0.20 0.24 0.25 0.27 0.45 0.60163 words
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Article26 2009-12-11 23 Dec 10 STI Dec 2794 2794 2777 IIMSCI Dec 336.5 337.8 334.0 "aiwan Dec 280.4 281.6 275.7 Source: MF Global (S) He. Ltd26 words
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Article19 2009-12-11 23 Dec 10 Bid Offer -month 1.3903 1.3924 j-months 1.3907 1.3928 {-months 1.3909 1.3930 >-months 1.3914 1.393519 words
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Article62 2009-12-11 23 Dec 10 lelivery lonth Opening Range Sett Av Price Price Hi Vol Open Done Position Low }ec 09 2432 Ian 10 2462 =eb 10 2490 War 10 2497 FotaI o/p: ***** contracts 2434 2445 2423 27 602 2487 2500 2462 3959 ***** 2521 2535 2489 ***** ***** 252062 words
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Article349 2009-12-11 23 Dec 10 URODOLLAR FUTURES DecO9 VlariO un10 >ep10 99.7375 99.6100 99.4150 99.1200 0 0 0 0 5819 ***** 7378 3231 EUROYEN TIBOR FUTURES DecO9 99.5300 99.5350 VlariO 99.6300 99.6300 un10 >ep10 DedO 99.6350 99.6350 Vlar11 un11 >ep11 99.5300 99.6250 99.6350 99.5350 99.6150 99.6300 99.6600 99.6700 99.5850 99.5250349 words
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Article189 2009-12-11 23 Dec 10 tUBBER Futures (Closing prices) !SS 3 (US cents/kg) flonth High Low Close Sett Volume (lots) O/l lots) Ian 10 =eb 10 Vlar 10 <\pr1O Vlay 10 lun 10 271.0 270.5 267.0 268.0 269.0 270.0 271.0 271.0 60 60 8 8 28 588 743 594 514 708189 words
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Article78 2009-12-11 23 Dec 10 'eriod Issue code Maturity Yesterday's Bid Hi< Day's |h Low I-Month BQ*****F 11.03.2010 -Year BY*****N 01.11.2010 0.53 0.55 3OVERNMENT BONDS >eriod Issue Coupon Maturity code rate Close Bid Day's High Low !-Year NXO11OOH 3.625 i-Year N5O91OON 1.375 '-Year N*****0S 2.875 O-Year NX*****W 2.500 5-Year NY*****H 3.00078 words
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Article100 2009-12-11 23 Dec 9 (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Jan 10 1028.50 1044.00 1051.50 1021.50 Mar 10 1037.75 1052.75 1060.25 1030.75 May 10 1045.75 1061.00 1067.75 1038.75 Jul 10 1052.00 1067.75 1073.75 1045.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Dec 09 38.90 40.11 39.92 39.05100 words
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Article71 2009-12-11 23 CRUDE OIL PRODUCTS Dec 9 origin^ t/barrel Close Cham irent blend (1-Mth F) 75.40 -0.89 WTI (Near Mth) 70.88 -1.84 iubai (1-Mth F) 76.54 -0.91 "apis blend 79.30 -0.80 i/linas 78.55 -0.80 >RODUCT JS$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 79.50 82.85 0.81 -1.1! US$/barrel )pec Oil Basket Price71 words
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Article465 2009-12-11 23 Dec 10 AS _CS Rmb Euro HKS IndRsRi Yen Won RM NZS Pak Rs Peso IS Rand Sfr NTS Baht Pound USS Australia 0.966 6.236 0.621 7.081 42.629 86.267 0.804 10.648 3.106 1.259 76.907 42.208 1.271 6.931 0.940 29.505 30.272 0.563 0.914 Canada 1.035 6.455 0.643 7.329465 words
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Article67 2009-12-11 23 Dec 10 6 mths 0.***** 9 mths 0.***** 12 mths 1.***** SWAP Mid rates (Ss) 1 yr 0.***** 2yrs 1.***** 3yrs 1.***** 4yrs 2.***** syrs 2.***** 7yrs 2.***** 10yrs 2.***** 12yrs 3.***** 15yrs 3.***** Source: Thomson Reuters mth 0.***** 0.***** mths 0.***** 0.***** mths 0.***** 0.***** mths 0.***** 0.*****67 words
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Article149 2009-12-11 23 Dec 10 Zurrencies Bid Offer Bid Offer >$/US$ to one unit of foreign currency: Australian dollar 1.2697 1.2721 0.9134 0.9138 Canadian dollar 1.3141 1.3168 0.9454 0.9459 iuro 2.0434 2.0472 1.4700 1.4706 IZ dollar 1.0085 1.0107 0.7255 0.7260 Sterlinc 2.2563 2.2602 1.6231 1.6236 IS dollar 1.3901 1.3921 >$IUS$149 words
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Article135 2009-12-11 23 Dec 10 /oz) tec tec Hong Kong 1136.80 1127.30 London Dec OS Dec 09 1150.70 1142.50 1151.70 1143.30 Source: Thomson Reuters CAST BAR (S$) Dec 10 Buying Sellim Kilobar "54,442.67" ***** PAMP GOLD BARS (S$) Selling Buying 1gm 5gm 10gm 20gm 50gm 100gm 1 oz 1 oz UBS135 words
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Article62 2009-12-11 23 ,luminium, 99.7% uritv (US$/tonne) Close Previous :ash 2175.75 2127.75 months 2212.00 2163.00 Copper, Grade A (US$/tonne) :ash months 6905.50 6945.00 6937.00 6976.00 .ead (US$/tonne) :ash 2246.50 months 2281.00 2255.00 2289.00 lickel (US$/tonne) :ash months *****.00 *****.00 *****.00 *****.00 'in (US$/tonne) :ash months *****.00 *****.00 *****.00 *****.00 inc, Specia62 words
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Article75 2009-12-11 23 Dec 9 Close Prev Hii ih/Low Dec 09 2204 2190 2210/2176 War 10 2266 2245 2269/2231 Way 10 2287 2266 2290/2252 lul 10 2263 2231 2269/2219 IOFFEE (US$/tonne) Close Pev High/Low Ian 10 1373 1355 1393/1360 Vlar 10 1406 1388 1425/1394 Vlay 10 1436 1417 1455/1424 SUGAR (US tonne)75 words
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2238 2009-12-11 23 BONDS, WARRANTS EXTENDED SETTLEMENT rel lode Company Last Sale Vol Conv Exer +or- ("000) Ratio Price Disc Gear- Mths ing Left Asia-PacificStrategicW*****6 2.5 >036AdvanceSCTLtdW*****9 0.5 1 15 17 6.00 1 87 1844 9.00 53 8 !756# Asiatic Grp (H) Ltd W*****2 8 unch 49 H05#AsiatravelW*****7 37.5 -1.5 39 1 32,238 words
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Page 24 Advertisements
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Advertisement2969 2009-12-11 24 The Business Times Shipping Times M KPI 33E8 iTO 33Il! __-_J WAN HAI INTERNATIONAL PTE LTD UEN: *****4695 M AT^^l W __L JBwffPrfffllrWrW 181 %~%n\ lAf ALI MAI IHirr TEL *****588 (14UNES) FAX:*****163 ___b—■ 1"^ II I lliy*Tnl m|P^||PHm||||jmi|HU HUmWB NPIINMIE V\ M^§ I IflfflN HAI INtj FKL IEL: (03)2,969 words
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Page 25 Advertisements
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Advertisement3098 2009-12-11 25 B^^^^BBBEBBBE^^H I n~t~ eastern car liner, ltd inj§ S3®2£& I l^^jjj^-j^^J —I specialize in roro heavy lift upto 450 tons WEEKLY EXPRESS SAILING SCHEDULE I ■MifiaK^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^S I 'wHil'lSof1 B—M Ramp(KT) Lifling(KT) (MJA _SIN PJU _JKT_ BA Sljß_ ALSO ACCEPTING CONTAINERS TO ALL NORTHERN AMD WESTERN IMDIAMICD POIHTS I "RuFxlnG 943,098 words
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executive lifestyle
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Article, Illustration1811 2009-12-11 26 The retail war is heating up on Orchard Road as malls jostle for the biggest share of the Christmas shopping pie, reports MELISSA LWEE WITH the festive season in full swing, so too is the retail war heating up between the malls on Orchard Road as theyFILE PHOTO - 1,811 words
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CINEMA
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Article, Illustration547 2009-12-11 27 The Storm Warriors is notable for its cacophony of clanging weapons, says AMANDA DE GUZMAN F YOU like to watch your role-playing video games blown up on the big screen, then Hong Kong martial arts film The Storm Warriors, the highly anticipated sequel to 1998's547 words
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Article402 2009-12-11 27 AMANDA DE GUZMAN - AMANDA DE GUZMAN By WHEN a movie is called a "woman's film", it isn't usually a compliment, with the designation often in reference to some melodramatic weepie along the lines of Beaches or Steel Magnolias. While Rebecca Miller's yes, she is the daughter of Arthur402 words
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Article, Illustration401 2009-12-11 27 CHRISTOPHER LIM - CHRISTOPHER LIM DVD REVIEW By IT'S relatively rare to find a movie heroine who is unlikable, yet elicits a lot of sympathy. Angel pulls off this combination by matching the right script with the right cast. It tells the story of a401 words
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Article, Illustration642 2009-12-11 27 CLARISSA TAN - CLARISSA TAN By WITH The Princess and the Frog, Disney returns to the drawing board, relying on hand-drawn, two-dimen-sional animation rather than the usual CGI-aided visual trickeroo. At the same time, the production house tries to reshape its feel-good plotlines for the more racially aware, gender-conscious642 words
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MUSIC/ARTS/GAMING
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Article, Illustration910 2009-12-11 28 CD REVIEW Tori Amos crafts gems off the beaten path, while others like Andrea Bocelli succeed through tradition, says CHRISTOPHER LIM Midwinter Graces Tori Amos Universal Republic Rating: A My Christmas Andrea Bocelli Sugar S.R.L. Rating: B+ Peace, Love Mistletoe Inch Chua Aging Youth910 words
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Article, Illustration446 2009-12-11 28 CHRISTOPHER LIM - CHRISTOPHER LIM By MAINSTREAM horror games are dominated by the survival-horror category that features deceptively peaceful environments, from which shrieking monsters suddenly pounce. Can you still frighten people if you keep the quiet virtual worlds, but do without the salivating zombies or mutant aliens? Belgian446 words
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Article, Illustration640 2009-12-11 28 CHEAH UI- HOON - CHEAH UI-HOON BY SHE'S a product of a mixed marriage, brought up as a Muslim, with a Malaysian Malay father and a Chinese Peranakan mother. But what happens when her mother, now divorced, decides to remarry a Chinese man who's a Christian? The criss-crossing of national,640 words
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WINE/FOOD
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Article, Illustration1144 2009-12-11 29 N KYONG - N KYONG By IT would be a very welcome change to forget the parsimony of these past 15 or 18 months and instead dream up a wish list of wines to celebrate this Christmas and New Year. We know that there1,144 words
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Article, Illustration756 2009-12-11 29 French and Italian winemakers are responding to demand for young-drinking wines, reports CHRISTOPHER LIM IT'S ironic that some of the oldest winemakers in the world are now concerned with youth. It's not the age of traditions that they are thinking about, of course, but rather the756 words
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Article, Illustration717 2009-12-11 29 Reuters [SINGAPORE] The finest ingredients and top chefs are key components to the best dining experiences, but it can be the added extras that make meals or venues memorable. Forbes.com has compiled a list of 11 of the world's most extravagant meals (http: www.forbes.– Reuters - 717 words
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Page 26 Miscellaneous
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Miscellaneous12 2009-12-11 26 WINE A special wish list to end the year with PAGE 2912 words
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Page 27 Advertisements
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Advertisement40 2009-12-11 27 |^^s™^^s| jj^^^^^j Electra Glide® Ultra Limited Road King© Classic Street Glide Road King© Call 6475 0123 for a test ride. Harley-Davidson of Singapore (1994) Pte Ltd 253 Alexandra Road Singapore *****6, Tel: 65 6475 0123, Fax: 65 6472 8900, www.harleysingapore.com40 words
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Page 28 Advertisements
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Page 28 Miscellaneous
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Miscellaneous530 2009-12-11 28 Year-end choral masterpieces CELEBRATE the yuletide spirit with a collection of choral masterpieces that deliver the season's message of It's the Most Wonderful Time of the Year. Performances by the SLO's Children's Choir, Youth Choir and Opera Chorus promise to be both inspirational and rousing. The collection of music will530 words
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Page 29 Miscellaneous
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Miscellaneous312 2009-12-11 29 CRYPTIC CROSSWORD 16 Across 5 Entrance examination aban--1 A flower will transform these doned by university (4) areas (6-4) 6 Comes out East and joins up 9 French priest one may go to (7) Lourdes to find (4) 7 Warmer, in the main (4,6) 10 Parliamentary device that 8 Indifference312 words
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Page 30 Advertisements
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Advertisement68 2009-12-11 30 THE SEAMSTRESS WITH LINEN THREAD AND BEESWAX A needle, linen thread, beeswax and infinite patience protect each overstitch from humidity and the passage of time. One could say that a Louis Vuitton bag is a collection of details. But with so much attention lavished on every one, should we only68 words
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Page 33 Advertisements
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Advertisement53 2009-12-11 33 A Bsa. p I El h y 1 i Mr ?m I A 4r L> I m i 'I 2 A 1 J 11l I I '"1 fe WBfflßß I Iff |j&£; I ix all S SINGAPORE TAKASHIMAYA S.C. 6735 8823 RAFFLES HOTEL ARCADE 6334 0168 CHANGI AIRPORT TERMINAL 253 words
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Page 32 Advertisements
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Advertisement8 2009-12-11 32 I I JPw TIFFANY&CO. NEW YORK SINCE 18378 words
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Page 34 Advertisements
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Advertisement17 2009-12-11 34 I GIUSEPPE ZANOTTI DESIGN fall winter 09 CO AMfm co jUtK ji, JdJEv^^V^ I^B in co CD17 words
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THE BUSINESS TIMES Luxe Christmas 2009
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Article, Illustration344 2009-12-11 35 lON Orchard - lON Orchard I his Christmas, indulge in glamour, comfort and style with Giuseppe Zanotti's Fall/Winter 2009 collection a fabulous collection that brings an extra edge and charm to your wardrobe this season. With Giuseppe Zanotti Design shoes, design and quality are key characteristics that keeps344 words
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contents
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Article, Illustration490 2009-12-11 43 JAIME EE - JAIME EE HOW do you catch a star? Whether you're referring to the celestial variety or the kind who flit around on earth, the answer is the same: with great difficulty We learned this the hard way when we started preparations for this year's Luxe Christmas. Inspired byPHOTO: MICHAEL FRANKE - 490 words
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art
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Article, Illustration3132 2009-12-11 50 Clarissa Tan - Clarissa Tan PHOTO: LEGENDARY AMERICAN ARTIST JEFF KOONS IS DRAWN INTO A LONGER-THAN-EXPECTED CONVERSATION ABOUT EVERYTHING FROM HIS PLACE IN THE POP MOVEMENT TO THE JOYS OF BEING A FATHER Text: i JEFF KOONS is a busy man, but as he walks along the gargantuan marbledLUC OSSTEL; CLARISSA TAN; s; JEFF KOONS; LUC CASTE L; : CLARISSA TAN - 3,132 words
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design
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Article, Illustration1386 2009-12-11 55 Melissa Lwee; Jaime Ec - Melissa Lwee Jaime Ec FROM HUMBLE HOUSEHOLD ITEMS TO SPACESHIP CABINS, MARC NEWSON HAS DESIGNED PRACTICALLY EVERYTHING ON EARTH. BUT THE HARDWORKING, SELF-PROFESSED CONTROL FREAK WHO OBSESSES OVER EVERY DETAIL ALSO KNOWS WHEN ITS TIME TO PLAY Text: MARC Newson has just completed his latest project,DOM PERIGNON; BLOO%; IKEPOD; i 1 1 CsL; <; hgdsfd - 1,386 words
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Article, Illustration1451 2009-12-11 81 JoycelineTully - JoycelineTully THEY'RE THREE BRIGHT ASIAN MINDS MAKING-A^l^Sr. i: g|J.TH.E INTERNATIONAL DESIGN SCENE. IN THESE PAGES, THEYOFFER AN INSIGHT^T^THEIR CREATIVE AESTHETIC, WHILE SHARING THEIR PERSONAL(AND QUIRKY) THOUGHTS ABOUT thpIS^MAS DESIGN NG SEX SAN Treading the land lightly IE ZIPS around in a Smart fortwo; recycles used umbrellas for Christmas:SEKSAN DESIGN; ::NGSEKSAN - 1,451 words
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Article, Illustration841 2009-12-11 84 LiiuiSioHui - LiiuiSioHui RELAXED SOPHISTICATION Showflats for Seafront on Meyer (left) and The Metropolitan Text: INTERIOR designer Cameron Woo's take on Christmas decorating is reassuringly relaxed and simple. Conventional Christmas decorations tend to conjure the feeling of snow atop chimneys and sleigh bells in the air,-CAMERON WOO DESIGN I; ):CAMERi /• ' 'DESIGN I; :JOHN HENG; JOHN HENG - 841 words
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Article, Illustration417 2009-12-11 82 Daven Wu - Daven Wu HE WORLD of architecture, interior design and product design is a crowded one. Besides sheer talent, you need a mix of grit, determination, business savvy and luck to stand out from the crowd. The depth of ability is such that few really shine, and: MICHAEL FRANKE - 417 words
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Article, Illustration923 2009-12-11 78 CHRISTMAS means different things to different people, though it's probably safe to say that the European winter remains the gold standard for Hallmark images of snow-capped roofs and troops of carollers rugged up in thick coats with strains of Away in the Manger twirling in923 words
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shopping
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Article, Illustration119 2009-12-11 58 What woman doesn't enjoy a bit of festive finery? To kick-start your Christmas shopping, take your cue from gifts that appeal to the eyes and palate Photographer: Aigner red mock croc leather evening bag with gold chain, $1,550. Available at Aigner boutiques in Raffles City (#Ol-27) and Paragon:John Heng - 119 words
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Article, Illustration154 2009-12-11 68 For men who have everything, there's always room for something extra. Start your list with these selections Photographer: Nespresso CITIZ Single machine, $548, and coffee blends from $0.91 to $1.07 per capsule. Available at lON Orchard (#Ol-16) Rolex Cosmograph Daytona, 18k white gold, gold crystal dial with 8John Heng - 154 words
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Article, Illustration158 2009-12-11 79 Christopher Lim - Christopher Lim For the gadget lover on your list, it's going to be a sleek geek Christmas with the latest toys on the market Coordinator: Photographer: Bang Olufsen BeoCom 5 cordless phone, $1,350, from Bang Olufsen showrooms at the Grand Hyatt (#Ol-05) and Capital Tower (#Ol-07) Canon PowerJohn Heng - 158 words
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fashion
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Article, Illustration944 2009-12-11 59 Audrey Phoon - Audrey Phoon WITH THE HELP OF AMBITION, COURAGE, PERSEVERANCE AND MORE THAN A DASH OF TALENT, FASHION DESIGNER VERA WANG IS FINALLY WHERE SHE WANTS TO BE Text: F AMBITION had a face, it would have slightly weary looking almond-shaped eyes, an impish grin, and aFASH 10 NATION - 944 words
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Article, Illustration977 2009-12-11 60 Amanda de Guzman - Amanda de Guzman WHAT MICHELLE OBAMA WORE TO THE INAUGURAL BALL SENT JASON WU'S CAREER SOARING INTO THE STRATOSPHERE ON JAN 20, 2009, the inauguration of Barack Obama as the 44th President of the United States transfixed the world. It was a special day for millions, and perhaps:AFP - 977 words
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Article, Illustration1206 2009-12-11 63 Melissa Lwee - Scents sensibility Melissa Lwee NOTORIOUSLY RECLUSIVE FRAGRANCE GURU SERGE LUTENS TAKES TIME OUT TO AIR HIS VIEWS ON THE CREATIVE PROCESS, THE PAIN OF TRAVEL, AND THE PLEASURES OF LIVING IN MOROCCO l OR the unsuspecting visitor to Paris, Les Salons dv Palais Royal Shiseido is just another charming 1LING FEI - 1,206 words
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Article, Illustration1809 2009-12-11 65 Amanda de Guzman - Amanda de Guzman SWEET AND ROUND, MOIST-EYED AND BESPECTACLED, ALBER ELBAZ ACHIEVED PROMINENCE ONLY AFTER YEARS OF OBSCURITY. AND WITH HIS RISE CAME A NEW LEASE OF LIFE FOR THE HOUSE OF LANVIN Text: IT IS difficult to get in touch with Alber Elbaz. That's no surprise, givenLANVIN; : AFR.AR, REUTERS; REUTERS - 1,809 words
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Article, Illustration1069 2009-12-11 67 Melissa Lwee - Melissa Lwee POWERFUL, CONFIDENT, DARING -THATS THE KIND OF WOMAN ITALIAN SHOE MAESTRO GIUSEPPE ZANOTTI HAS IN MIND WHEN HE WORKS ON HIS ATTENTION-GRABBING CREATIONS FOR a shoemaker known for teaching women about the joys of wearing metal studs on their feet, Giuseppe Zanotti looks almost: JOHN HENG - 1,069 words
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Luxe Jewellery
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Article, Illustration596 2009-12-11 71 Cheah Ui- Hoon - Cheah Ui-Hoon PAIRING BEAUTY WITH BLING AT RED-CARPETED MARQUE EVENTS IS A SUREFIRE WAY OF GRABBING THE WORLD'S ATTENTION. AND DON'T THE TOP JEWELLERS KNOW IT AT THE 1943 Academy Awards, an actress named Jennifer Jones took home the Oscar for Best Actress. Notwithstanding her thespian skills, whatI PHOTO: AFP; jCHOPARD; BLOOMBERG; : POMELLATC; >: REUTERS; >: CARTER - 596 words
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Article, Illustration570 2009-12-11 73 Cheah Ui- Hoon - Cheah Ui-Hoon LOCAL JEWELLERY COMPANIES HAVE TAKEN A SHINE TO ASHLEY ISHAM, CHINATOWN AND THE SINGAPORE FLYER INGAPORE icons have taken on a brighter shine in recent years, providing local designers with 1 inspiration as well as a sense of identity. Take fashion icons like designer Ashley Isham,LEE HVW\/iSHLEY ISHAM; :ONCHEONG - 570 words
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Article, Illustration1791 2009-12-11 76 Liiui Sio Hui - Liiui Sio Hui PHOTO: PHOTO: 'It's just like in architecture, where you have to look at the terrain and all that. For women, you have to look at their neck, their cleavage, their arms, where the jewellery goes. It's no joke, I actually look at women:TIFFANY&CO; : MICHAEL THOMPSON; : FRANKGEHRY; BLOOMBERG; TIFFANY&CO; TlhhANi e<CG; TIFFANY & CO; :AFP; : EUPR-LUFTBILD & PRESSEFOTO - 1,791 words
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Article, Illustration1583 2009-12-11 88 Jaime Ec - Jaime Ec GOD OF COOKERY TO SOME, CULINARY ANTICHRIST TO OTHERS, FERRAN ADRIA REVEALS A DISARMINGLY HUMAN SIDE AS HE TALKS ABOUT LIFE AT THE TOP OF THE FOOD CHAIN lE'S THE chef that every other chef dreams of becoming. His restaurant has a waiting list soBLOOMBERG; FRANCESC GUILLAMET; MARIBEL RUfZDE ERENCHUN; ELBULLI - 1,583 words
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Article, Illustration1689 2009-12-11 86 Jaime Ec - Jaime Ec HE HAS NO MENU AND NO SILVERWARE. BUT PASCAL BARBOT COULD WELL CHANGE THE WAY THE MICHELIN GUIDE RATES ITS RESTAURANTS PASCAL Barbot has three Michelin stars to his name but his Parisian restaurant, L'Astrance, is the very antithesis of one. It has noFRANCOISE CADOT - 1,689 words
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Article, Illustration763 2009-12-11 94 Daven Wu - Daven Wu WHAT'S CULINARY ALCHEMIST HESTON BLUMENTHAL COOKING UP THIS CHRISTMAS? YOU'D BE SURPRISED IT'S NOT easy to track down Heston Blumenthal. One minute, he's in London and the next, he surfaces in Caracas. It doesn't help that the Christmas season looms and these are nothing if not: VISITBRITAIN,THE FAT DUCK - 763 words
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Article, Illustration656 2009-12-11 98 Heston BlumenthaPs game plan for a fuss-free Christmas dinner at home WHEN we're all at home for Christmas, we would have roast goose, cabbage braised with rillettes made from the confit of the goose legs, roast potatoes, confit of carrots with thyme, and turnips cooked in duck53; HESTON BLUMENTHAL - 656 words
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Article, Illustration1158 2009-12-11 97 Jaime Ec - Jaime Ec EASILY THE WORLD'S MOST INFLUENTIAL WINE CRITIC, ROBERT PARKER CAN MAKE OR BREAK AN ENTIRE VINTAGE WITH HIS 100-POINT RATING SYSTEM Text: ERE'S a quick pop wine quiz. Which of the following is the most important name in wine today: Chateau Lafite Rothschild, Domaine de la1,158 words
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Article, Illustration985 2009-12-11 96 Justine Moss - Justine Moss ITS BEEN A GOOD 2009 FOR MICHELLE WIE. FOLLOWING HER STAR TURN AS PART OF THE US SOLHEIM CUP TEAM, SHE WENT ON TO BAG HER FIRST LPGA TITLE IN MEXICO. AND SHE'LL BE HOME FOR CHRISTMAS TOO WHEN Michelle Wie broke through the: AFP - 985 words
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Advertisement225 2009-12-11 37 M MSwZVSVSV ji full ■-i^^ L. Sir I Aigner's latest collection by Udo Edling (the new Art Director of Aigner) transforms the Aigner m /Lm g^g^> It Heritage Collection into pure chic, infusing them with a touch of nonchalance and leisure. \yl A Classics with an undeniable touch of modern225 words
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Advertisement534 2009-12-11 39 THE WORK PANTS SPECIALIST Dockers® San Francisco pioneered the work pants in 1986 as an alternative to dress pants for L^jgj the stylish individual. It soon became the leading brand in office wear for men, emphasizing on both quality and comfort. These competencies enable the brand to be an established534 words
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Advertisement194 2009-12-11 38 Cm^J Islßialll nB»iHB««2« VI V MljBL Ilk THIS CHRISTMAS /I|| |jg WITH THE FINEST J/[ PLEASURES IN LIFE jfl^k Stunning panoramic views from intermediate and 45th storey i^B" C. recreational sky gardens v§ I Ji^ fc Prime connectivity to Orchard Road, the CBD and Marina Bay /M uAkS W Integrated194 words
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Advertisement325 2009-12-11 56 BSTT' "■3y*L^^^ i^' '^m^^mW 1 X- t"~ -v« *MB W^ >-y^^^M| j 1 z*%& Ptal v 1 9 9 JHJ JJL LSi^aAiS"™" 'I t i—' L. *h,. .-dMK|2a&B^E^LZi ,?lf r' >3' by claudio silvestrin i- Life at the top is best defined by a dream. A dream of an y^^u325 words
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Advertisement40 2009-12-11 61 I I NUS/SIM Science Park nc i kiz.# *in Singapore Poly/ Sk, Holland Village/ A stone's throw from all that really matters... jp Dover MRT/ Buona Vlsla MRT W' >A q^ ''111 H /2j ■jyiljJjllijliiljftuSml <J* 1 yj" IM^^H Bl^y^TMWM^^B40 words
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Advertisement356 2009-12-11 72 LEE HWA DIAMOND ODYSSEY lON Orchard, Level 1 Atrium 4 27 December Lee Hwa Jewellery brings glitter and glamour to Christmas with an exquisite exhibition of this season's diamond collections as well as iconic diamond creations by world-renowned jewellery and fashion designers. A Lee Hwa Diamond Odyssey 2009 exhibition brings356 words
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Advertisement207 2009-12-11 70 I FEEL RESTED EVEN WHEN YOU'RE AWAY Experience the All-New Hybrid sleep from Simmons ——-—^g^» tne Ist ever in Singapore and Asia Experience a new wave of sleep care in the Simmons® Beautyrest® NxG™ Series, where the dlsiil legendary Pocketed Coil® system meets the Next Generation Advanced Memory Foam. The207 words
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Advertisement45 2009-12-11 83 llBlßliiilSlw BORNEO MOTORS (SINGAPORE) PTE LTD 33 LENG KEE ROAD SINGAPORE *****2. LEXUS SALES TEL: *****288/ Rnrn6O Motors *****811/*****822/*****833- OPEN mon-sat: sam to 7.30pm. sun: ioam to 6pm. lexus service centre www.lexus.com.sg TEL: *****826/*****827. FAX: *****651. OPEN MON-FRI: BAM TO 5.30PM. SAT: BAM TO 4.30PM.45 words
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Advertisement167 2009-12-11 89 Bom| iHpßiflriMWlfiijMiHHUiM Art v"f'bmßß I^^BMLu^V r 1 v*"^?^^^?'^^'-^fss'3^r-. -^^^&?J^-%s**" Terms and conditions apply m~^~zss?=~-~z~^s*y'±\'-"£--~ -^£^§s!^' -^"-s^^S" C/Me ßankßernad(l349l-P) ~~r^^'^~~^~i'^\£r-~ -^tV-<^-^--^i»*'"~ (Incorporatedin Malaysia) CIMB Bank Credit Card Centre Raffles Place, 50 Raffles Place #01-02, Singapore Land Tower, Singapore *****3. Operating Hours: Mondays to Fridays from 9.00 a.m. to 4.30 p.m., Saturdays167 words
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Advertisement523 2009-12-11 87 _v F, *^i# jL (Enchanting MOMENTS BEGIN AT THE FULLERTON HOTEL SINGAPORE Rejoice with us and partake in a glittering array of festivities and time-honoured Yuletide fare. TOWN RESTAURANT THE COURTYARD JADE THE LIGHTHOUSE 1 to 23 December 2009 1 to 23 December 2009 1 to 23 December 2009 1523 words
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Advertisement400 2009-12-11 92 llpParagon, the og|fchristmas Garden that brings you a wholesome season of joy. |y^-sc+pr£"*or/-| Fvr*|ljci\/p Get nto tne Christmas mood with live performances BQ!PM9 Cardmembers will receive $20. Performance dates: 5, 6, 12, 13, 19, 20 24 Dec 'i 11 i 11 /i 1 M^SiwiaElaiLSE Saturdays: 7.30pm, 8.30pm, 9.30pm (at Paragon400 words
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