The Business Times, 5 February 2010
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2010-02-05
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The Business Times
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Title Section23 2010-02-05 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|£l A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 123/08/2009 Friday, February 5,201023 words
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612 2010-02-05 1 TEH SHI NING - By TEH SHI NING MANY elements of Singapore’s new economic blueprint are not new, but the policies with which to turn the Economic Strategies Committee’s vision into reality will need to be, says Senior Minister Goh Chok Tong. Singapore612 words
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759 2010-02-05 1 EMILYN YAP - Areas under study could include tenures, reserve list system, zoning, land use and land productivity By EMILYN YAP Source: ESC [SINGAPORE] The government could be making a wide range of changes to the property market from offering a greater variety of leaseSource: ESC - 759 words
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Article141 2010-02-05 1 ST INDEX 2,744.98 (-19.86) ST INDEX FUTURES 2,746.00 (-19.00) SIMSCI 327.80 (-3.45) SIMSCI FUTURES 327.50 (-4.50) FOREX US$ S$ US$ (S$ per US$) 1.414 (US$/S$ per 1.588 2.245 EURO (US$/S$/E) 1.386 1.959 Foreign currency per US$ S$ YEN 91.00 64.40 RM 3.420 2.419 HK$ 7.768 5.494 BAHT 33.11141 words
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Advertisement160 2010-02-05 1 MUSIC Girl power at the Grammys PAGE 29 S’PORE AIRSHOW Extending Singapore’s lead as Asia’s aerospace hub PAGE 13 TYCOONS’ WEALTH Hong Kong’s rich get richer PAGE 16 COMPANIES StarHub Q4 profit down 15% PAGE 10 RAFFLES CONVERSATION “I’ve never worked for money in my life. The motivation has never160 words
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Advertisement30 2010-02-05 1 Reserve list system set for review, Page 4 CEOs on ESC’s recommendations regarding foreign workers, Page 4 Editorial: No ESCaping tech’s role in growth vision, Page 20 8 "*****1 *****430 words
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TOP STORIES
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450 2010-02-05 2 But it rules out a protectionist stance towards Beijing Reuters [WASHINGTON] US President Barack Obama vowed to “get much tougher” with China on trade and currency rules to ensure US goods do not face a competitive disadvantage, adding to aReuters - 450 words
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Article, Illustration562 2010-02-05 2 MICHELLE QUAH - SPH CEO Alan Chan is chairman, with members drawn from business community and stakeholder groups By MICHELLE QUAH [SINGAPORE] The Monetary Authority of Singapore (MAS) has named the people tasked with reviewing standards of corporate governance here, as well as the CodeSource: Monetary Authority of Singapore - 562 words
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Article52 2010-02-05 2 IN the report “New leaders at S’pore Institute of Directors, ACCA” (BT, Feb 3), we said Sovann Giang had been appointed SID’s new executive director after Chew Heng Ching’s resignation. We would like to clarify that Mr Chew resigned as SID’s chairman. Mr Giang replaced Chua Eng Chiang as52 words
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628 2010-02-05 2 ANTHONY ROWLEY - By ANTHONY ROWLEY JAPAN’S beleaguered motor giant, Toyota, yesterday raised its profit outlook for the current financial year despite having to launch a massive recall of models in the US market over faulty accelerator mechanisms that could cost up to US$2 billion. In other628 words
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Article460 2010-02-05 2 New ESC landscape may bring market changes THE government could be making a wide range of changes to the property market from offering a greater variety of lease tenures to relaxing rules for industrial land use. These are some of several proposals from the Economic Strategies Committee sub-group460 words
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Advertisement89 2010-02-05 2 www.avlgroup.com.sci ra_ Bring the cinema home f I/- r In the same way film makers go to great lengths to create spectacular, unforgettable movies, AV One invests all its effort and expertise to ensure that your new system is a sure-fire blockbuster. lnFocus Parrot A, tr^ k ©YAMAHA SONY S+ARCK89 words
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Advertisement810 2010-02-05 2 [•■ATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF OSTED TECHNOLOGIES PTE LTD (In Creditors' Voluntary Liquidation) (Co. Reg. No. *****6096D) NOTICE OF FINAL GENERAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies810 words
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Advertisement456 2010-02-05 3 Your goals. Your success. Getaway on 1-for-1 Business Class powered by Citi BWS,J mm ,v^v- V- 2? •V;V '--v. V 7 ,T. You, powered by Citi, can now fly in luxury on SilkAir. Book your tickets at any of the participating SilkAir travel agents from 3 to 17 February 2010,456 words
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ECONOMIC STRATEGIES COMMITTEE
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531 2010-02-05 4 EMILYN YAP - Reducing deposit for developers who try to trigger site sales may be considered By EMILYN YAP A REVIEW of the reserve list system for government land sales is in the works, after the Economic Strategies Committee (ESC) called for changes to help developers trigger531 words
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451 2010-02-05 4 UMA SHANKARI - By UMA SHANKARI SINGAPORE’S shift to a “smart energy economy” should preferably be private sector-driven, Senior Minister of State at the Ministry of Trade and Industry S Iswaran said yesterday. The government can play its role through regulation, as well as granting451 words
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Article, Illustration430 2010-02-05 4 UMA SHANKARI - Govt to focus more on software to make S’pore a global city By UMA SHANKARI SINGAPORE has invested a lot in “hardware” by developing new parts of the island and building theatres over the decades as it tried to become a more liveable city.FILE PHOTO - 430 words
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Article, Illustration1199 2010-02-05 4 Do the ESC’s recommendations regarding foreign workers address all the key issues? What more can be done? VIEWS FROM THE TOP Victor Tay Chief operating officer Singapore Business Federation FOREIGN workers provide a staple lifeline to Singapore businesses, especially in the construction, marine,1,199 words
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Advertisement124 2010-02-05 4 19,000sqft Spacious Road 11 .OOOsqft Living Space Sumptuous Interiors with Luxury Bathrooms Private Pool and Pavilion Fully furnished with Designer's furniture Car park spacious for 16 cars Designed by award-winning firm K2LD Modern accents reflected throughout Large Professional Equipped Kitchen Sweeping Greenery View from Rooms Enquiries and viewings, please contact:124 words
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Advertisement13 2010-02-05 4 For the complete list of views from CEOs, go to www. businesstimes. com.sg13 words
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Advertisement105 2010-02-05 5 MASTERPIECE 'tiL Time Jewels o ■nan/ <2 w WMr -'iV ikteflHBss* 7 Kwj?: iJii NS k m* %L ■V ji ai M A S I I IS I? 1 II IE Time Jewels M r% m i m V* 'JB T7( 5? 7i"CX S*N C« R 5T 4 =3 <r105 words
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COMPANY NEWS
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Article, Illustration553 2010-02-05 6 VINCENT WEE - It’ll have a drydock, slipways, berthing quays, and ancillary steel piping facilities By VINCENT WEE JUST three months after unveiling plans to build a massive new yard on its home ground, Sembcorp Marine said yesterday that it is also building a new shipyard553 words
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313 2010-02-05 6 UMA SHANKARI - By UMA SHANKARI CAPITALAND’S shopping mall unit CapitaMalls Asia (CMA) said yesterday it will buy a mall in Chengdu, China, for 459.9 million yuan (S$94.6 million) its first buy since it was listed late last year. Including fitting-out, CMA’s estimated total expenditure on313 words
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Article646 2010-02-05 6 JOYCE HOOI - HOCK LOCK SIEW By JOYCE HOOI MARKET watchers have long had a laundry list of all the things the Singapore Exchange could do to make the presentation of information on its website more accessible and less confounding. It is not a novel list; many of646 words
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528 2010-02-05 9 VEN SREENIVASAN - But SFI inclusion also pushes up group expenditure by 89% By VEN SREENIVASAN SINGAPORE Airport Terminal Sevices’ gamble on Singapore Food Industry (SFI) appears to have paid off handsomely, as the latter continued to boost both topline and bottomline of the airport528 words
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200 2010-02-05 9 SINGAPORE Airlines (SIA) has announced changes to some senior management positions which will be implemented from March 1. President of subsidiary SIA Cargo Goh Choon Phong will return to SIA as executive vice-president (designate) for marketing the sales regions. He will replace Huang Cheng200 words
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Article, Illustration730 2010-02-05 10 WINSTON CHAI - Broadband revenue down 8% while other 3 segments post sales increases By WINSTON CHAI LOWER revenue from its broadband arm and higher cost of sales dragged StarHub’s fourth-quarter net profit down 15.1 per cent to $74.2 million. Earnings per share for the quarter ended DecARTHUR LEE - 730 words
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220 2010-02-05 10 OLIVIA HO - By OLIVIA HO SINGAPORE Commodity Exchange (Sicom), a company of Singapore Exchange (SGX), has teamed up with China's Sino Rubber Electronic Trading Market Co Ltd to launch an over-the-counter (OTC) rubber forward clearing service with final settlement by physical delivery220 words
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328 2010-02-05 10 CHEW XIANG - Talks underway for a reverse takeover deal worth $33m By CHEW XIANG E3 Holdings is winding down its education business, making the company a cash company. Announcing this yesterday, E3 said it will place 90 per cent of its cash and near-cash328 words
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COMPANY BRIEFS
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Article77 2010-02-05 10 CWT Ltd said its wholly owned subsidiary, Indeco Engineers Pte Ltd, has secured a contract with the Singapore Armed Forces to maintain military vehicles and equipment. The six-year contract for the maintenance services is estimated to be worth more than $30 million. The contract requires77 words
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Article94 2010-02-05 10 ST Engineering’s land systems arm, ST Kinetics, has won a contract worth US$20.9 million from the Brazilian Navy for the supply of five units of 40mm L70 naval gun and an associated Integrated Logistics Support (ILS) package. It was signed between the Brazilian Navy and94 words
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118 2010-02-05 10 ORIENTAL Food warned that it would make a loss for fiscal 2009 due to poor peanut product sales during the recent economic slump. “The demand for the group’s peanut products for FY2009 remained weak and the excess raw peanuts faced obsolescence by end of FY2009,”118 words
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Article51 2010-02-05 10 CHOSEN Holdings’ net profit for the half year to end-December 2009 rose 26.27 per cent to $2.31 million. Revenue, however, slipped 1.38 per cent to $56.29 million. Revenue contribution from major product categories (printing and imaging, data media storage, communication and medical devices) remained relatively51 words
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63 2010-02-05 10 SCINTRONIX Corporation Ltd reported that it has returned to the black for the fiscal half-year to December 2009. Net profit was $8,000 compared with a net loss of $1.01 million a year ago. Turnover fell 17 per cent to $14.8 million. Significant reduction of63 words
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100 2010-02-05 10 THE Think Environmental Co Ltd said its subsidiary, Industrial Power Technology Pte Ltd (IPT), has won a $17.55 million turnkey contract for a rice husk fired biomass power plant to be built in the Surin province of Thailand for Surin Bio Power Co100 words
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Page 6 Advertisements
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Advertisement288 2010-02-05 6 Breathtaking shopping rewards. The art of celebrating. i CJl $33 3, Qi m When we say Grand Opening Celebration, we mean grand! The only thing bigger than the shopping experience at the new Mandarin Gallery are its grand opening celebrations! Imagine two whole months of non-stop giveaways and generous lucky288 words
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Advertisement174 2010-02-05 7 For more information please visit www.porsche.com.sg If life is a journey, wouldn't it be sad not to savor every mile of it? The new 911 Turbo. 500 hp, 312 km/h top speed, 0 lOOkm/h in just 3.4 seconds and up to 16% lower fuel consumption. Achieved through technology such as174 words
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SINGAPORE MARKETS
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Article, Illustration601 2010-02-05 8 R SIVANITHY - Activity dictated by momentum with market taking the cue from a weak HK session and soft Europe openings STOCKS R SIVANITHY Senior Correspondent PERHAPS not surprisingly, Wednesday’s bounce in stocks proved short-lived as prices weakened yesterday, most probably because of nega-tive-to-mixed signals from WallSource: Bloomberg - 601 words
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Article186 2010-02-05 8 MAIN SDQ TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 3 9 4 0 0 0 3 9 4 Manufacturing 36 71 62 3 3 10 39 74 72 Commerce 16 23 23 0 5 7 16 28 30 Tpt/Stor/Comms 5 21 12186 words
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Article120 2010-02-05 8 TURNOVER (‘000) VALUE (‘000) MAIN SDQ TOTAL MAIN SDQ TOTAL Multi Ind 20,876 20,876 55,126 55,126 Manufacturing 214,716 5,028 219,744 140,307 310 140,617 Commerce 153,760 6,875 160,635 112,631 1,583 114,214 Tpt/Stor/Comms 77,507 1,891 79,398 133,343 457 133,800 Finance 22,243 80 22,323 180,423 6 180,429 Construction 55,988 54,105120 words
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Article110 2010-02-05 8 Stock name Close Change Stock name Close Change CapitaLand 3.760 -0.110 CapitaMall 1.740 -0.020 CityDev 10.640 -0.160 ComfortDelGro 1.560 -0.010 Cosco Corp 1.260 DBS Grp 14.200 -0.300 F&N 3.900 -0.040 Genting SP 1.080 Golden Agri 0.525 HK Land 4.520 -0.040 JMH 30.820 +1.200 JSH 17.400 +0.600110 words
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Article65 2010-02-05 8 Feb 4 VALUE CLOSE BT OB/OS -967.00 +93.00 BT CADI -*****.00-138.00 BT 10-day MA -*****.00 -97.00 FTSE ST Mid Cap 664.17 -6.82 FTSE ST Small Cap 527.32 -6.67 FTSE ST All Share 678.11 -5.41 FTSE ST China Top 269.55 -7.52 FTSE ST China 283.53 -5.57 FTSE ST65 words
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Article58 2010-02-05 8 VOLUME Ban Joo 75,536,000 Golden Agri 63,705,000 Genting SP 46,915,000 RafflesEdu 45,402,000 Sin Heng 42,519,000 Ying Li 38,020,000 Eastgate Tech 36,608,000 Sapphire 30,079,000 Ryobi Kiso 28,956,000 CapitaLand 28,872,000 VALUE($) CapitaLand 109,198,012 DBS Grp 90,926,250 Genting SP 50,569,040 Wilmar 38,512,530 Keppel Corp 35,943,370 StraitsAsia 34,749,370 Noble Grp 34,560,04058 words
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BROKERS’ TAKE
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Article364 2010-02-05 8 Feb 4 close: $2.28 CIMB-GK SECURITIES, Feb 4 Q4 2009 core net profit was $60 million. Comparisons with our estimates are not meaningful given the transition from proforma to statutory accounting adopted after its IPO. Falling earnings before interest and taxes (EBIT) in its key markets fuels risks364 words
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Article, Illustration501 2010-02-05 8 JAMIE LEE - Feb 4 close: $8.25 DMG PARTNERS SECURITIES, Feb 4 Compiled by JAMIE JAMIE LEE WE are forecasting OCBC FY2009 net profit of $1.9 billion, up 9 per cent y-o-y. The improvement is attributed to a doubling of insurance income (due to $201 million of non-recurring gains recorded inSource: Bloomberg - 501 words
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Article, Illustration518 2010-02-05 8 CURRENCIES Reuters [LONDON] The euro hit a se-ven-month low against the US dollar, knocked by concerns over the fiscal health of some euro zone countries and ahead of a news conference by European Central Bank president Jean-Claude Trichet. Any comments on the high indebtednessReuters; REUTERS - 518 words
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Article113 2010-02-05 8 BY CENTS CLOSE UP JMH 3082 169.6 4.1 DBXT MSKorea 10US$ 4526 124.4 2.0 DBXT MSEurope 10US$ 4120 110.2 1.9 DBXT DJE50 10US$ 4092 107.4 1.9 DBXT FTVietnam 10US$ 4516 97.5 1.6 JSH 1740 84.8 3.6 DBXT MSAsExJp 10US$ 2672 45.2 1.2 Jardine C&C 2572 42.0 1.7 DBXT S&P113 words
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Article122 2010-02-05 8 BY CENTS CLOSE DOWN GLD 10US$ *****-260.0 -1.7 DBXT Nifty 10US$ *****-187.9 -1.2 DBXT FTChina25 10US$ 2821 -69.2 -1.7 CerebosPac 390 -33.0 -7.8 Lyxor China H 10US$ 1507 -32.5 -1.5 DBS Grp 1420 -30.0 -2.1 DBS.ES.1002 1422 -20.0 -1.4 IS MSCI India 100 649 -19.8 -2.1 Keppel Corp 830122 words
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Article87 2010-02-05 8 Feb 4 CHNG YR 2010 CLOSE FR Feb 3 S$ LOW S$ HIGH US$ 1.4148 -0.57 1.4148# 1.3869 Euro 1.9580 0.70 2.0153 1.9608 Pounds 2.2403 0.61 2.2776 2.2242 A$ 1.2440 0.67 1.2923 1.2416 Yen* 1.5572 0.06 1.5730 1.5027 Rupiah* 0.***** -0.52 0.*****# 0.***** Baht* 4.2819 -0.5287 words
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Advertisement208 2010-02-05 9 Marketed distributed by Simmons (S.E.A) Pte Ltd Admiral C30 SIMMONS GALLERY: Marina Square #03-341 Tel: 6339 7966 Paragon #04-06 Tel: 6734 0660 Park Mall #01-08 Tel: 6336 4233 Tampines 1 #04-35 Tel: 6783 6933 BANGKOK BRUNEI HONG KONG JAKARTA KUALA LUMPUR MANILA SHANGHAI SINGAPORE TAIPEI TOKYO Power is in your208 words
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Page 10 Advertisements
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Advertisement1680 2010-02-05 10 adv Telltop Holdings Ltd. ("the Company") Insolvency Act, 2003 Notice is hereby given that on 26 January 2010 the Company was placed into liquidation by order of the Eastern Caribbean Supreme Court, and that Casey McDonald of KPMG (BVI) Limited, PO Box 4467,3 rd Floor, Flemming House, Road Town, Tortola,1,680 words
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Advertisement261 2010-02-05 10 :*ATci <3* RECRUIT BUY IT-SELL IT- FIND IT WORLD'S LARGEST INTERNET BROADCASTING PLATFORM Chief Operating Officer (base: Silicon Valley) Our client owns and operates the world's largest internet audio broadcasting platform which enables thousands of companies, professionals and hobbyists to operate their own radio stations. We seek a Chief Operating261 words
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Advertisement17 2010-02-05 10 Find the most comprehensive range of products and services in CATS Classified in The Straits Times. MATS17 words
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SINGAPORE NEWS
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604 2010-02-05 11 KALPANA RASHIWALA - But 10 bids suggest hunger for land intact; CDL tops with $365 psf ppr By KALPANA RASHIWALA THE government’s move to turn on the supply tap for private residential land appears to be having an effect on developers’ bids, property consultants said after the604 words
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372 2010-02-05 11 LEE U-WEN - The Singapore Lion is written by MP and ex-scribe Irene Ng By LEE U-WEN THE late S Rajaratnam penned many pieces in his life: news articles as a journalist, radio plays that he also presented, and short stories while living in London. Most memorably,372 words
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Article193 2010-02-05 11 JASLENE PANG - By JASLENE PANG SENTOSA ended the decade on a high, completing a record month and record year for guest arrivals in December 2009. About 652,000 people visited the resort island in December, the highest single month of arrivals ever recorded. It propelled total annual guest arrivals193 words
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377 2010-02-05 11 JOYCE HOOI - By JOYCE HOOI LOCAL companies with big energy bills might soon find it easier to shrink fuel costs and gain a second revenue stream if a newly formed “carbon cluster” from Australia takes off. Representatives of a group of 20 Australian companies that provide377 words
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488 2010-02-05 12 CHEN HUIFEN - Business confidence index climbs to 117 from a score of 93 in Q2 last year Reports by CHEN HUIFEN BUSINESS confidence among Singapore’s small and medium-sized enterprises (SMEs) continued to climb in Q4 last year, placing the confidence level back in positive488 words
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Article, Illustration405 2010-02-05 12 BUYERS of SME (small and medium-sized enterprise) services will no longer be able to discharge their responsibility on safety anymore, even if their jobs are outsourced to contractors, said Manpower Minister Gan Kim Yong. Speaking at the opening of the bizSAFE Convention yesterday,405 words
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342 2010-02-05 12 JOYCE HOOI - By JOYCE HOOI AFTER a year sullied by Bernard Madoff and Lehman Minibonds, Singaporeans seem to have remained a relatively trusting lot. Singapore topped the list of 22 countries for their trust in the government, according to the latest Edelman Trust Barometer342 words
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Page 11 Advertisements
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Advertisement122 2010-02-05 11 $79,999* *Terms and conditions appiy.Standard specifications may differ from modeI shown A DEPARTURE FROM THE NORM Defy convention and the reward is anything but conventional. 1 A A A i S 1 n n 4 W u a. The spacious 6-speed Epico AT is powered by a fuel-efficient L6 24V122 words
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Advertisement30 2010-02-05 11 NEW LAUNCH RIVER FRONT CONDOPrivate Preview this weekend I FREEHOLD I Exclusive 97 units I 2 3 4 bedrooms penthouse Call for exclusive invitation: 9644 0130 CBRE CB RICHARD ELLIS30 words
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Page 12 Advertisements
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Advertisement672 2010-02-05 12 MATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg IN THE MATTER OF THE COMPANIES ACT, CAP. 50 ARDMORE PTE. LTD. (Incorporated in the Republic of Singapore) Company Reg. No. *****7410C At an Extraordinary General Meeting of the members of ARDMORE PTE. LTD. duly convened and held at Blk 480, Lorong 6672 words
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Advertisement674 2010-02-05 12 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 PN HOME SERVICES PTE. LTD. (Incorporated in the Republic of Singapore) Company Reg. No. *****3859M At an Extraordinary General Meeting of the Company deemed to have been duly convened and held pursuant to Section 179(6) of the Companies Act, Cap. 50674 words
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Advertisement670 2010-02-05 12 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 PN MANAGEMENT PTE. LTD. (Incorporated in the Republic of Singapore) Company Reg. No. *****3850N At an Extraordinary General Meeting of the Company deemed to have been duly convened and held pursuant to Section 179(6) of the Companies Act, Cap. 50 on670 words
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Advertisement622 2010-02-05 12 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 PROPCENTRAL (S) PTE LTD (Incorporated in the Republic of Singapore) Company Reg. No. *****1363K At an Extraordinary General Meeting of the Company deemed to have been duly convened and held pursuant to Section 179(6) of the Companies Act, Cap. 50 on622 words
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Advertisement686 2010-02-05 12 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 SINGSYSTEMS PTE. LTD. (Incorporated in the Republic of Singapore) Company Reg. No. *****7759W At an Extraordinary General Meeting of the Company deemed to have been duly convened and held pursuant to Section 179(6) of the Companies Act, Cap. 50 on the686 words
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Advertisement674 2010-02-05 12 In the Matter of the Companies Act, Cap. 50 Section 290(2)(b) And In the Matter of CEMENTHAI CONCRETE PRODUCTS (SINGAPORE) PTE LTD (In Members' Voluntary Liquidation) (Company Reg. No. *****2510Z) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members of the above-named company duly convened and held at674 words
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Advertisement674 2010-02-05 12 In the Matter of the Companies Act, Cap. 50 Section 290(2)(b) And In the Matter of CEMENTHAI PAPER (SINGAPORE) PTE LTD (In Members' Voluntary Liquidation) (Company Reg. No. *****251 IK) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members of the above-named company duly convened and held at674 words
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Advertisement627 2010-02-05 12 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF GLOBAL SOURCE MERCHANDISING PTE. LTD. (In Creditors' Voluntary Liquidation) (Registration No. *****4452W) (Incorporated in the Republic of Singapore) NOTICE OF RESOLUTIONS [Pursuant to Section 290(2)(b)] At an Extraordinary General Meeting of Global Source Merchandising Pte. Ltd.627 words
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SINGAPORE AIRSHOW 2010
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Article, Illustration474 2010-02-05 13 VEN SREENIVASAN - VEN SREENIVASAN Republic accounts for a quarter of the Asia-Pacific market and has all the ingredients to maintain growth momentum, says EDB director Sia Kheng Yok. VEN SREENIVASAN reports ALTHOUGHSingapore’saerospace output was flat last year at $7 billion after $7.1 billion in 2008YEN MENG JIIN - 474 words
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318 2010-02-05 13 VINCENT WEE - By VINCENT WEE EADS, the parent company of major commercial aircraft maker Airbus sees a trend towards more outsourcing work being done in the Asia-Pacific region and this will grow at a double digit pace from the 400 million euro spent in 2008. “We318 words
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Article, Illustration42 2010-02-05 13 THIS week’s Singapore Airshow 2010 is proving to be hot and it’s not just the weather we’re talking about. Aviation buffs are undaunted by the heat, doing whatever it takes to keep cool while watching the air performances42 words
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378 2010-02-05 13 NISHA RAMCHANDANI - By NISHA RAMCHANDANI THE Agency for Science, Technology and Research (A*Star) said yesterday its Institute of Chemical and Engineering Sciences (ICES) will work with European aerospace and defence giant EADS to create environmentally friendly bio-fu-el. A*Star and EADS will explore whether micro-algae can378 words
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316 2010-02-05 13 NISHA RAMCHANDANI - By NISHA RAMCHANDANI SINGAPORE Airlines (SIA) is refitting 11 of its Boeing 777-200 aircraft to provide additional comfort as well as product consistency, with the first newly refitted plane to operate on the Sin-gapore-Shanghai route later this month. The B777-200s will be316 words
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Article221 2010-02-05 13 AP Asia’s budget airlines will prosper as the region’s economic recovery takes hold and its middle class grows, but rising fuel costs could hurt profits, the industry’s top executives said yesterday. Low-cost airlines fared better during last year’s global recession than their full-service competitors asAP - 221 words
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Page 13 Advertisements
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Advertisement30 2010-02-05 13 FOR SALE DALVEY ESTATE GOOD CLASS BUNGALOW > cr v Architectural Heritage Award Winner. Land *****sqft. (approx) For viewing inspection, pis contact sole agent: John Goh 9383 6780 CB RICHARD ELLIS30 words
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ECONOMY WATCH
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Article, Illustration614 2010-02-05 14 Retail sales account for around 23% of Australia’s gross domestic product Reuters [SYDNEY] Australian retail sales slipped in December as consumers recovered from a spending binge the previous month but sales for the whole fourth quarter were up strongly, making a healthy contributionReuters; REUTERS - 614 words
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450 2010-02-05 14 Bloomberg [WASHINGTON] Ben Bernanke vowed to defend the independence of the Federal Reserve, work harder to explain its decisions to the public and step up supervision of the nation’s banks during his second term. “In the interest of maintaining public confidence and promoting economicBloomberg - 450 words
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Advertisement45 2010-02-05 14 The Straits Times is proud to be the Official Newspaper of Singapore Airshow 2010 6 7 February 2010,9.30am 5.00pm, Changi Exhibition Centre, 9 Aviation Park Road Tickets can be purchased at SISTIC sales counters or www.sistic.com.sg THE STRAITS TIMES. A publication of stfl SINGAPORE AIRSHOW45 words
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MALAYSIA
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510 2010-02-05 15 PAULINE NG - Govt concerned about drop; services attract almost RM4b more, but still much less than in 2008 and 2007 By PAULINE NG MALAYSIA suffered a sharp drop in manufacturing investment last year. Approved investment in the sector came to just RM32.6 billion (S$13.5 billion) just a510 words
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Advertisement834 2010-02-05 15 WINE DINE AND HOSPITALITY THE SWEETEST BEGINNINGS Roar into the year of the Tiger with a resounding corporate celebration at Pan Pacific Singapore. With a choice of venues ranging from grand ballrooms to intimate rooms, select from tailored auspicious menus for lunch or dinner and enjoy festive bonuses like themed834 words
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GREATER CHINA/INDIA
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Article, Illustration480 2010-02-05 16 Top 40 on Forbes list add US$53b to their combined wealth on soaring stock market, property prices AFP Bloomberg [HONG KONG] Hong Kong’s tycoons are worth a combined US$135 billion, with many of its wealthiest people having boosted their fortunes from investments on the ChineseAFP; Bloomberg - 480 words
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208 2010-02-05 16 Reuters [BEIJING] China has launched a dispute at the World Trade Organization over EU anti-dumping duties on leather footwear. China said in a filing to the WTO yesterday that it was seeking consultations with the European Union over the duties, the firstReuters - 208 words
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491 2010-02-05 16 It says now a good time because increases will be low Bloomberg Reuters [NEW DELHI] India must free petrol and diesel prices from government control to help develop a viable fuel pricing policy that will ease revenue losses for state-owned refiners, a panelBloomberg; Reuters - 491 words
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Advertisement123 2010-02-05 16 .X" > v ft fX JP to* t k h Af x tot i w H H K M K K K m R K MAKE THE WINNING MOVE with The AsiaOne Network. Singapore's definitive Chinese cyber platforms bring content as diverse as Chinese politics and C-pop to help capture123 words
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ASIA-PACIFIC/WORLD
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461 2010-02-05 17 Spending cuts in Greece trigger strikes, leading to concern that govts will struggle to fund budget deficits Bloomberg AP Reuters [LONDON] Stocks and bonds fell in Spain, Portugal and eastern Europe on concern that governments will struggle to fund their budget deficits as spendingBloomberg; AP; Reuters - 461 words
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Article, Illustration419 2010-02-05 17 LATEST US DATA Bloomberg [WASHINGTON] The productivity of US workers kept surging in the fourth quarter as companies squeezed more out of remaining staff to boost earnings. A measure of employee output per hour rose at a 6.2 per cent annual rate, cappingBloomberg; REUTERS - 419 words
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Article244 2010-02-05 17 Bloomberg [SINGAPORE] EON Capital Bhd, a Malaysian banking group that rebuffed a takeover from Hong Leong Bank Bhd on Feb 2, said some shareholders wrote to the board to call for an extraordinary general meeting (EGM) to propose electing new directors. Kualapura Bhd and LintangBloomberg - 244 words
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303 2010-02-05 17 AFP [SYDNEY] Hollywood film studios lost a landmark court bid yesterday to hold an Australian Internet provider responsible for illegal movie downloads by its customers, in a serious blow to their fight against piracy. In a world-first judgement, a Federal Court judge ruledAFP - 303 words
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WORLD WATCH
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100 2010-02-05 17 AP [AMSTERDAM] Royal Dutch Shell plc yesterday reported a fourth quarter net profit of US$1.96 billion, due to higher oil prices, but said that refining margins were poor and announced plans for 1,000 new job cuts. The profit compares with a loss ofAP - 100 words
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99 2010-02-05 17 Bloomberg [LONDON] Deutsche Bank posted a fourth straight quarterly profit, buoyed by a tax gain, a year after reporting a record loss. The German bank had net income of 1.3 billion euros (S$2.6 billion), or two euros a share, after a loss of 4.8Bloomberg - 99 words
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97 2010-02-05 17 Reuters [BRUSSELS] European Union regulators are to charge 10 memory chip makers, including Samsung Electronics, Infineon and Hynix Semiconductor, with fixing prices in breach of EU antitrust rules. Sources said that the charges could be made this week or early next week. “AReuters - 97 words
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602 2010-02-05 17 ANTHONY ROWLEY - By ANTHONY ROWLEY ICHIRO Ozawa the veteran Japanese politician credited with engineering last year’s political revolution in Japan will not face criminal charges in connection with alleged political funding irregularities, public prosecutors announced last night, although several of his key aides were602 words
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Page 17 Advertisements
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Advertisement26 2010-02-05 17 MAT3 NOTICES Completed CONDO PROJECT FOR SALE ENBLOC Central Prime District. 50,000/85,000 sq.ft. Swimming Pool/Gym 5 star interior Strictly no agents. Principals only $200m. Tel: *****32126 words
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Advertisement443 2010-02-05 17 KATS NOTICES IN THE MATTER OF THE COMPANIES ACT (CAP 50) AND IN THE MATTER OF GALLEON ASIA, PTE. LTD. (In Liquidation) REG. NO. *****6971K NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 1 Marina Boulevard #28-00 One Marina Boulevard Singapore443 words
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WORLD
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582 2010-02-05 18 Five-year CDS are surging back to levels seen ahead of December’s bailout Bloomberg AP Reuters [LONDON] Uncertainty about state-owned Dubai World’s US$22 billion debt restructuring is starting to weigh on the credit again, pushing up bond yields and Dubai’s debt insurance costs,Bloomberg; AP; Reuters - 582 words
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Article, Illustration723 2010-02-05 18 High manufacturing, labour costs hinder US ‘green’ jobs plan Bloomberg [NEW YORK] US President Barack Obama is spending US$2.1 million to help Suntech Power Holdings build a solar-panel plant in Arizona. It will hire 70 Americans to assemble components made by Suntech’s 11,000 ChineseBloomberg - 723 words
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Article, Illustration333 2010-02-05 18 AP [LONDON] A life-size bronze sculpture of a man by Alberto Giacometti was sold on Wednesday at a London auction for £65 million (S$145.7 million) a world record for the most expensive work of art ever sold at auction, Sotheby’s auction house said. It took justAP; AFP - 333 words
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696 2010-02-05 18 Reuters [DUBLIN] Ireland has begun to convince investors it has the public and political will to sustain financial pain long enough to heal its economy, providing a blueprint for other highly-in-debted nations to ponder. By moving fast on fiscal action andReuters - 696 words
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Page 18 Advertisements
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Advertisement153 2010-02-05 18 DREAM BIG BUT GET REAL SME ourSMEs I save the I I lucubdllnq bnddiiiq Deitlmtlon: piomiaract 41 A pre SPRING I zj vtigapoie I The SME Magazine is all about real entrepreneurs and their real stories. Produced by The Business Times, this new bi-monthly magazine is dedicated to small and153 words
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SHIPPING/AVIATION
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467 2010-02-05 19 Relook could result in countries like Nigeria being removed from list Reuters [ACCRA] The United States will soon review a list of countries whose air travellers are subject to tighter screening and could remove nations like Nigeria if they are no longerReuters - 467 words
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Article3010 2010-02-05 19 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi EY470 2200 SQ456 1245 Adelaide LH9771 1740 9W4082 2215 SQ268 1740 AF8088 2215 VS7268 1740 BA7382 2215 JL5083 2215 QF82 2215 --LH9770 2350 SQ269 2350 VS7269 2350 Amsterdam LO4031 0610 AZ3993 2250 SQ323 0610 KL838 2250 US5410 0610 LO40323,010 words
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Article, Illustration650 2010-02-05 19 AP [WASHINGTON] Boeing Co designers and marketers are betting that a lot of subtle changes in the interior of their new 787 jetliner will add up to strong passenger demand to fly on the plane. Boeing Commercial Airplanes on Wednesday showed off the firstAP; REUTERS - 650 words
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Article, Illustration692 2010-02-05 19 But it offers lots of innovative features, more entertainment AP [NEW YORK] If you are planning a cruise vacation in 2010, get ready for higher prices, better entertainment, water parks and one of the most innovative concepts to come along in awhile: Rooms designedAP - 692 words
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Page 19 Advertisements
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Advertisement35 2010-02-05 19 tabla! THE HEARTBEAT OF THE INDIAN COMMUNITY SUNNY SECRETS Cricket legend Sunil Gavaskar gives tabla! a peek into his life The Thaipusam journey /< E3H GET YOUR COPY TODAY FROM ALL 7-ELEVEN OUTLETS WHILE STOCKS LAST35 words
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EDITORIAL & OPINION
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454 2010-02-05 20 EDITORIAL THE spotlight is on technology once again, following the call by the Economic Strategies Committee (ESC) for qual-ity-based economic growth. With higher productivity seen as an integral part of such growth, companies will be looking to their tech partners to help them454 words
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Article, Illustration828 2010-02-05 20 LEON HADAR - THE BOTTOM LINE LEON HADAR Washington Correspondent US President Barack Obama came to office promising to replace his predecessor’s Axis-of-Evil approach to Iran with one based on diplomatic engagement. But against the backdrop of the stalled nuclear talks with Teheran and828 words
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Article, Illustration1183 2010-02-05 20 MARK AMATYA, JAMES CLEMENCE, GIRISH VIKAS NAIK - MOF should provide tax incentives to individuals to maintain household spending power By MARK AMATYA, JAMES CLEMENCE, GIRISH VIKAS NAIK The writers are, respectively, manager, partner and director ofPwC International Assignment Services (Singapore) Pte Ltd THE Year of the Ox may have been aREUTERS - 1,183 words
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Article, Illustration1512 2010-02-05 21 NELSON D SCHWARTZ - Germany’s ability to stanch job losses despite a deeper recession than the US’s is something of an economic miracle By NELSON D SCHWARTZ NYT THE soaring glass and iron Siemens factory in Berlin opened almost exactly a century ago. At first, it churned out electricityNYT; BLOOMBERG - 1,512 words
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Article, Illustration602 2010-02-05 21 DENNIS POSADAS - By DENNIS POSADAS The writer is author of ‘Jump Start: A Technopreneurship Fable’ (Singapore: Pearson Prentice Hall, 2009) and is working on a new fable on clean energy NOTWITHSTANDING the fact that Harvard Business School Press is probably the king of the602 words
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SINGAPORE STOCKS
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Article8801 2010-02-05 22 Transaction date: Feb 4 52-wks Tel Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Code Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 18 3 3148 8Telecom 15.5 15.5 16 5 0.7 28.2 74.2 10 2.5 5834 A-Sonic 7.5 7.5 88,801 words
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Article1662 2010-02-05 23 52-wks Tel Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Code Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 10 5 1181 s AA Grp 5 4.5 6 4.8 25 12 8538 t APStrategic 16.5 14 16 97.4 4 0.5 15011,662 words
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Article9359 2010-02-05 23 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund!** 1.19/ APS Alpha Fund (USD)!** 0.84/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt S'pore Pte Ltd AXA WM -Talents Fund 0.69/ Aberdeen Asset Mgt Asia Limited American Opp 0.6408/ Asian Credit Fund 1.2204/ Asian9,359 words
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Article504 2010-02-05 23 52-Wk Tel Last Vol Day Last Quote Div GrYld Net MCap High Low Code Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 111 107 6389 ABF SG Bond ETF 109 107.6 111 497.6 846 427 CIMBAsean40 100US$ US799 -2 1 801 799 792 797 32 298504 words
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Article260 2010-02-05 23 52-Wk Tel Last Vol Day Last Quote Div GrYld Net MCap High Low Code Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 56 20 6000 AVJennings A47 -0.5 7 47 47 45 52 3.6 7.4 3.8 122.4 31 6 6017 Genting HK US$ US20.5 -0.5 999260 words
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FINANCE & COMMODITIES
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365 2010-02-05 24 In local curr In S$ In US$ dy yr dy yr dy yr Feb 3 Index Change Change Change Change Change Change World Index Preliminary 815.8 -0.5 -2.0 -0.5 -2.1 -0.6 -2.6 EAFE Preliminary 767.8 -0.2 -2.2 -0.4 -2.8 -0.5 -3.4 Europe Preliminary 1094.4 -0.6365 words
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Article180 2010-02-05 24 Feb 4 $S Offer Bid Overnight 1/4 1/8 1-month 7/16 3/16 2-months 9/16 5/16 3-months 11/16 7/16 Overnight mode: 1/8 US$ Offer Bid 7 days 0.23 0.18 1 month 0.28 0.23 2 months 0.35 0.25 3 months 0.37 0.27 6 months 0.50 0.40 9 months 0.90 0.60 12180 words
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Article22 2010-02-05 24 Feb 4 S$ Bid Offer 1-month 1.4133 1.4147 2-months 1.4136 1.4150 3-months 1.4138 1.4152 6-months 1.4144 1.4158 Source: OCBC22 words
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Article179 2010-02-05 24 Feb 4 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Mar 10 305.5 304.5 304.5 110 595 Apr 10 305.0 400 May 10 305.5 646 Jun 10 305.5 640 Jul 10 305.5 330 Aug 10 305.5 200 TSR 20179 words
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Article88 2010-02-05 24 Feb 4 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****Z 06.05.2010 0.43 0.35 0.35 1-Year BY*****N 01.11.2010 0.44 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0A 2.625 01.04.2012 104.37 104.43 104.37 5-Year N*****0N 1.375 01.10.2014 100.5588 words
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Article105 2010-02-05 24 Feb 3 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Mar 10 908.00 925.50 934.00 908.00 May 10 919.00 936.50 944.75 918.50 Jul 10 928.50 945.75 954.00 928.25 Aug 10 924.50 941.00 938.75 924.75 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Mar 10 36.90 37.47 37.53105 words
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Article77 2010-02-05 24 CRUDE OIL PRODUCTS Feb 3 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 76.30 1.96 WTI (Near Mth) 76.93 -0.36 Dubai (1-Mth F) 76.53 2.58 Tapis blend 79.45 2.85 Minas 78.95 2.85 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 77.61 4.48 Jet Kerosene 84.70 4.45 US$/barrel Opec Oil77 words
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2323 2010-02-05 24 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Tel Last Vol Conv Exer Disc Gear-Mths Code Company Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 3 1 15 9 5.50 51 2036 Advance SCT Ltd W*****9 0.5 1 87 1650 10.00 6 8756 Asiatic Grp (H) Ltd W*****2 9.5 1 32,323 words
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Article132 2010-02-05 24 Feb 4 As at 9am Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2320 1.2690 Can dollar 1.3220 1.3370 Euro 1.9490 1.9720 NZ dollar 0.9800 1.0010 Sterling pound 2.2320 2.2580 US dollar 1.4040 1.4200 Local dollars to 100 units of foreign132 words
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Article29 2010-02-05 24 Feb 4 Open High Sett STI Feb 2745 2745 2746 SIMSCI Feb 332.0 332.8 327.5 Taiwan Feb 272.5 272.9 271.3 Source: MF Global (S) Pte. Ltd29 words
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Article66 2010-02-05 24 Feb 4 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Feb 10 2510 2524 2528 2506 359 1154 Mar 10 2481 2519 2521 2480 969 ***** Apr 10 2478 2510 2519 2470 ***** ***** May 10 2477 250166 words
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Article353 2010-02-05 24 Feb 4 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Mar10 99.7100 0 7945 Jun10 99.5900 0 7480 Sep10 99.3300 0 2295 Dec10 98.9850 0 2321 EUROYEN TIBOR FUTURES Mar10 99.5900 99.5900 99.5800 99.5800 0 4513 Jun10 99.6250 0 1590 Sep10 99.6450 0 1921 Dec10 99.6300 10353 words
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Article465 2010-02-05 24 Feb 4 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.934 6.007 0.635 6.834 40.606 82.178 0.801 10.126 3.009 1.265 74.726 40.609 1.244 6.627 0.934 28.171 29.127 0.554 0.880 Canada 1.070 6.430465 words
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Article85 2010-02-05 24 Feb 4 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 0.***** 0.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths85 words
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Article154 2010-02-05 24 Feb 4 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2431 1.2447 0.8797 0.8800 Canadian dollar 1.3307 1.3322 0.9417 0.9419 Euro 1.9579 1.9601 1.3855 1.3858 NZ dollar 0.9827 0.9843 0.6954 0.6959 Sterling pound 2.2440 2.2464 1.5880 1.5882154 words
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Article139 2010-02-05 24 Feb 4 GOLD (US$/oz) Feb 03 Feb 04 Hong Kong 1120.30 1106.40 Feb 03 Feb 02 London 1114.35 1111.65 1115.35 1112.45 Source: Thomson Reuters CAST BAR Feb 04 (S$) Selling Buying Kilobar "54,114.18" ***** PAMP GOLD BARS (S$) Selling Buying 1gm 120.91 50 5gm 344.54 252 10gm 615.25139 words
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Article69 2010-02-05 24 Feb 3 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2049.50 2086.50 3 months 2083.00 2120.00 Copper, Grade A (US$/tonne) Cash 6567.00 6793.75 3 months 6590.00 6815.00 Lead (US$/tonne) Cash 2002.00 2098.50 3 months 2021.00 2117.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.0069 words
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Article77 2010-02-05 24 Feb 3 COCOA (£/tonne) Close Prev High/Low Mar 10 2243 2213 2245/2194 May 10 2234 2213 2238/2187 Jul 10 2221 2201 2226/2175 Sep 10 2199 2182 2199/2163 COFFEE (US$/tonne) Close Pev High/Low Mar 10 1324 1339 1349/1322 May 10 1357 1372 1380/1354 Jul 10 1385 1399 1410/1382 SUGAR (US77 words
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6408 2010-02-05 25 BALISA SHIPPING TRADING PTE LTD 8 Shenton Way, #40-03A, Singapore *****1 Tel: 6345 5700 Fax: 6345 5227 Email: singapore@balisagp.com CR NO. **********0W UK CONTINENT SERVICE U.S.A. SERVICE Destination STXPO TBN RTM/ANR/TIL *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Destination SAN SIMEON NEW ORLEANS/CAMDEN *Loads E./W.6,408 words
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Page 25 Advertisements
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Advertisement29 2010-02-05 25 Shipping lines seeking reliable logistics partners Can they find your services here in the Shipping TO ADVERTISE, CALI IOE WONG AT 9620 T 327 THE BUSINESS TIIVIES SHIPPING TIIVIES29 words
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Page 26 Advertisements
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Advertisement30 2010-02-05 26 Experienced sh/p maintenance services wanted. £74 Shipping Times? Legal services required by shippers owners TO ADVERTISE, CALL JOB WONG AT Can they find your services here in the Shipping Times?30 words
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executive lifestyle
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Article, Illustration1687 2010-02-05 27 CORINNE KERK - Multimillion-dollar homes licensed by hotels and resorts are making inroads into S-E Asia’s luxury property market, reports CORINNE KERK CORINNE KERK IT is a beautiful day, and from the deck of a gorgeous, 964-square-metre fourbedroom villa, you overlook an infinity pool and the Gulf of Thailand, with1,687 words
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CINEMA/GAMING
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Article, Illustration570 2010-02-05 28 GEOFFREY EU - Armored does just enough to qualify as minor and mindless entertainment, says GEOFFREY EU GEOFFREY EU IT’S hard to be too critical of a movie that aims low and succeeds in living down to expectations, but that’s exactly what Armored a heist flick featuring an ensemble570 words
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Article, Illustration448 2010-02-05 28 AMANDA DE GUZMAN - Yes, you can watch it all over again DVD REVIEW By AMANDA DE GUZMAN WHILE the documentary By The People The Election of Barack Obama has disappointingly little new insight on the magnetic 44th President of the United States of America, it does a decent job of recapturing the inspirational448 words
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Article, Illustration446 2010-02-05 28 AMANDA DE GUZMAN - By AMANDA DE GUZMAN WITH a running time of just over an hour, the Irish movie Kisses doesn’t ask for too much of your day. It is unassuming in both tone and content as well, both slim and true in its rendering of the joy and446 words
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Article, Illustration497 2010-02-05 28 CHRISTOPHER LIM - By CHRISTOPHER LIM NO other genres needs expansion chapters more badly than role-play-ing games (RPGs). You can shoot the same monster over and over again, and race around the same track repeatedly, but an RPG without ongoing story content is like a plane that497 words
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PURSUITS
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Article, Illustration973 2010-02-05 29 CHRISTOPHER LIM - Muse, A*mei bring fans to their feet with volume, reports CHRISTOPHER LIM CONCERTS CHRISTOPHER LIM IF you want a roof above a concert but still want size and versatility, nothing comes close to the Indoor Stadium, but coming up with a stage presenceCHRISTOPHER LIM - 973 words
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Article, Illustration646 2010-02-05 29 CHEW XIANG - OPERA By CHEW XIANG THERE’S a lot to appreciate in the Singapore Lyric Opera’s new production of La Boheme, as helmed by veteran Australian director Andrew Sinclair. His updated 1930s Paris setting was bright and cheery where it needed to be in646 words
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Article, Illustration762 2010-02-05 29 CHRISTOPHER LIM - CD REVIEW By CHRISTOPHER LIM Although they were plenty of male and mixed-gender groups that won Grammy awards last Sunday, there’s no doubt that the girls made a huge impact, with Beyonce bagging a record of six Grammys, and Taylor Swift hot on her heels762 words
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WINE
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Article, Illustration1124 2010-02-05 30 N K YONG - N K YONG recommends some extra special wines to go with your Chinese New Year dinner N K YONG I’VE been thinking about what to drink at Chinese New Year the Year of the Tiger. Not beer, for sure. Having been quite frugal during1,124 words
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ARTS
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Article, Illustration1038 2010-02-05 31 CLARISSA TAN - Sam Mendes’s The Tempest, which is headed for our shores in April, will carry lots of Shakespearean enchantment, promises producer Joseph Melillo. CLARISSA TAN reports CLARISSA TAN FROM the Odyssey to Gulliver’s Travels, the idea of being shipwrecked on a beach where curious things take1,038 words
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Article, Illustration970 2010-02-05 31 CHEAH UI-HOON - Renowned Hong Kong director Edward Lam shares a thing or two about romance while talking about his plays which focus on modern male-female relationships. CHEAH UI-HOON reports CHEAH UI-HOON EVEN as there have been film actors crossing over to theatre in the West, one970 words
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VIEWPOINT/ARTS
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Article677 2010-02-05 32 jaime ee - off the cuff jaime ee TO Whom It May Concern, This is a statement from the International Practitioners of Ancient Divination (iPAD) a consortium of geomancers who specialise in fortune-telling and quick-fix home renovations. We would like to express our concern over the case of677 words
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AROUND TOWN
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Article, Illustration373 2010-02-05 32 NEW paintings by Tang Xuezhen mark a radical departure from her earlier work. Where previously her canvasses were a colourful study in pattern-making, her new work is bold and forthright, entailing a dramatic juxtaposition of brilliantly contrasting hues. Her earlier work was filled to the373 words
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111 2010-02-05 32 LI Cassidy-Peet’s latest presentation extends her drawing practice from works on paper to the lines of control and influence etched in our thoughts and consciousness; in her words, “the psyche and the borderlines”. Taking the position of a perpetual outsider working with the grungy111 words
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258 2010-02-05 32 THE SIM Film and Performing Arts Society will be presenting a junior broadway romance musical called Thoroughly Modern Millie Junior a first since it was established. For the last four years, the club has been producing stage dramas but this year, they will be258 words
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76 2010-02-05 32 AMANDA DE GUZMAN - Compiled by AMANDA DE GUZMAN FOR the first time, the National Arts Council (NAC) will offer outstanding Singapore playwrights an opportunity to attend the prestigious 4th Annual La Mama International Playwright Retreat. Applications are also open for local theatre practitioners interested in attending the esteemed 11th76 words
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Page 27 Advertisements
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Advertisement8 2010-02-05 27 ARTS Bringing magic to an island PAGE 318 words
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Page 28 Advertisements
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Advertisement33 2010-02-05 28 mMt w 91.3 Commercial Free 100 \*t ss° r nt rsiisjffS yfl(|W. r 3<* www.omy.sg 7il lifestyle.omy.sg 1a Fir=T1E>- c fl_T I w> ft Jf |W£i §U fif-,h" j u eat.omy.sg X <L>33 words
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Page 30 Advertisements
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Advertisement235 2010-02-05 30 "I am totally delighted with my Vintec wine cabinet; it combines elegance and functionality of the highest order." JAMES HALLIDAY Australian wine writer, critic panelist Indulge in a Vintec wine cabinet, and enjoy these exclusive gift packages worth up to $370.* Vintec Exclusive Event 6th 20th March 2010 v J235 words
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Advertisement57 2010-02-05 30 HflSSflH'S CARPETS SALE TIP TO 50% Voted 1st Choice in Rugs/Carpet Retailor Category of Exp a I Living Reader Awards 2009! HflSSflli'S CARPETS PURVEYORS OF FINE ORIENTAL 19 Tanglin Road #03-01/00 #01-12/13 Tanglin Shopping Centre *****9. Tel; 6737 5626 Fax: 6235 4968 Operating hours: Mon- Sat, 10am 7pm, Sun Public57 words
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Page 30 Miscellaneous
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Miscellaneous328 2010-02-05 30 CRYPTIC CROSSWORD Across 1 Unlikely opportunity given to prisoner released on parole (7,6) 10 I breach code of the Israelites (7) 11 Point behind the ship towards sunrise (7) 12 A slice of red Amsterdam cheese (4) 13 One breaks a little backbone (5) 14 Bank of Scotland (4) 17328 words
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Page 31 Advertisements
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Advertisement15 2010-02-05 31 a* fr&tk Lianhe Zaobao RJH? IR13C7VIPms&Mm.? hy are old buildings in HK in state of15 words
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Page 32 Advertisements
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Advertisement279 2010-02-05 32 m i lM 4 V JB w. /f I >/\ 11 \L 11 {j f i ft f p _J 71_ J i =3 TO AN IMPERIAL CELEBRATION OF TRADITION AND HERITAGE In ancient times, feasting on delicacies was a luxury meant only for the affluent and the noble. This279 words
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