The Business Times, 26 February 2010

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Total Pages: 32
1 32 The Business Times
  • 24 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 26, 2010
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  • 892 1  -  Redas looks forward to more sites in confirmed list to replenish land banks By UMA SHANKARI, EMILYN YAP [SINGAPORE] DEVELOPERS will be bringing forward their property launches over the next few months to satisfy strong demand from homebuyers, said Real Estate Developers’ Association
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  • 702 1  -  Infrastructure works for 50ha project to kick off in July By TEH SHI NING [SINGAPORE] Singapore’s first eco-business park is expected to create 20,000 jobs and draw some $2.5 billion worth of investments in buildings by its 2030 completion. CleanTech Park
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  • 141 1 ST INDEX 2,749.15 (-12.99) ST INDEX FUTURES 2,749 (-13) SIMSCI 330.09 (-1.39) SIMSCI FUTURES 330.00 (-1.00) FOREX US$ S$ US$ (S$ per US$) 1.411 (US$/S$ per 1.534 2.164 EURO (US$/S$/E) 1.348 1.902 Foreign currency per US$ S$ YEN 89.40 63.30 RM 3.409 2.416 HK$ 7.764 5.502 BAHT 33.06
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  • Page 1 Advertisements
    • 97 1 HOCK LOCK SIEW Structured deposits: when less could be more BOOKS Where the girls are PAGE 32 FESTIVALS AROUND THE WORLD The Barongsay of Cirebon PAGE 27 ART Moulding imaginative plant forms PAGE 30 PAGE 5 THE HOURGLASS Contemporary Horological Art SINGAPORE TAKASHIMAYA S.C. TANG PLAZA RAFFLES HOTEL ARCADE MALAYSIA
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    • 11 1 CDL generates $1b cash from operating activities in ‘09, Page 4
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  • TOP STORIES
    • 558 2 Developers put home launches on fast track DEVELOPERS will be bringing forward their property launches over the next few months to satisfy strong demand from homebuyers, said Real Estate Developers’ Association of Singapore president Simon Cheong yesterday. But Mr Cheong warned that many developers are now facing depleting
      558 words
    • 505 2  -  Metal drops below US$1,100 as jitters over euro fuel shift to greenback By OH BOON PING [SINGAPORE] Gold prices continued to head south yesterday, with some analysts predicting more selling pressure in the coming weeks. The yellow metal retreated after the US
      AFP  -  505 words
    • 354 2  -  Unincorporated entities, businesses to be included By SIOW LI SEN [SINGAPORE] The Monetary Authority of Singapore (MAS) has proposed widening the deposit insurance (DI) scheme to cover businesses and unincorporated entities, in effect giving more protection to small companies. It also proposed increas- ing
      354 words
    • 427 2  -  By Kuala S JAYASANKARAN BRIDGET Lai has resigned as the chief executive of Malaysia’s Alliance Financial Group. In a terse announcement to the stock exchange late yesterday, AFG, which owns Alliance Bank, Malaysia’s smallest lender, said that her resignation would take effect on April 1.
      427 words
    • 807 4  -  Srong contribution from property development helps lift Q4 profit 76.7% By KALPANA RASHIWALA [SINGAPORE] City Developments Ltd (CDL), which yesterday posted its sec-ond-highest full-year net profit, is getting ready for at least five Singapore residential property launches this year. Fourth-quarter
      807 words
    • 585 4 Democrats prepare to go it alone if the summit fails AP Bloomberg [WASHINGTON] President Barack Obama opened a bipartisan summit on health care yesterday, saying rising costs for medical services and insurance are among the “biggest drags” on the US economy and
      AP; Bloomberg  -  585 words
    • 470 4  -  Owners eye lower costs, with mega projects completed By KALPANA RASHIWALA [SINGAPORE] The consortium that owns the South Beach site now plans to begin construction “by next year” since most of the mega projects including the two integrated resorts are nearing completion and
      470 words
    • 473 4 LATEST US DATA Reuters Bloomberg [WASHINGTON] New orders for long-lasting US manufactured goods excluding transportation unexpectedly fell in January, while the number of workers filing for jobless benefits rose last week, suggesting a loss of momentum in the pace of economic recovery. The Commerce
      Reuters; Bloomberg  -  473 words
  • Page 2 Advertisements
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      432 words
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  • Page 3 Advertisements
    • 186 3 r r i«X--" J, t r"» I rwi R ji tH f. 7' in f «Js^ !V i ■IHB ir if! •SIL ■k eflLJw HTi-j::. f f"< t EC 1^'* S« ■wjr S»R5 SKI 4 ssP gsa&s Bb k" Ps 'V <W lV r %x f\ r I y V-«4i£.y
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  • COMPANY NEWS
    • 554 5  -  Good performance in tough year reflects strong strategy, solid fundamentals: CEO By VINCENT WEE SEMBCORP has turned in sterling fourth-quarter results, growing net profit more than two-and-a-half times to $259 million from $100.8 million in the previous corresponding quarter on strong
      554 words
    • 574 5  -  HOCK LOCK SIEW By SIOW LI SEN SOME banks have begun selling structured deposits to yield-hungry savers who must be wondering how long more they have to suffer the current ridiculous low interest rates. Despite the US Federal Reserve making a tiny adjustment
      574 words
    • 288 5  -  By JAMIE LEE A SLIM voting margin of 0.15 of a percentage point prevented the controlling shareholder of Full Apex Holdings from delisting the company. The chairman of Chi-na-based Full Apex, Guan Lingxiang, had offered to delist the plastic bottle maker at 18 cents per share.
      288 words
    • 373 7  -  By UMA UMA SHANKARI SC Global Developments saw a near eight-fold jump in fourth-quarter net profit to $33.2 million from just $4.2 million a year ago as it consolidated the results of new subsidiary AV Jennings Ltd (AVJ). Group revenue for the quarter
      373 words
    • 367 7  -  By JAMIE LEE ALLGREEN Properties posted a more than doubling in full-year net profit, helped by firmer sales and a higher provision write-back. The property developer said net profit for the year ended Dec 31, 2009 stood at $163 million, up from 2008’s $67.4
      367 words
    • 298 7  -  By NISHA NISHA RAMCHANDANI BANYAN Tree Holdings chalked up a $2.97 million net profit in the fourth quarter of last year, compared to a $6.96 million loss in Q4 2008, thanks in part to a stronger performance by its hotel investment segment. Revenue
      298 words
    • 543 7  -  Indo Agri net jumps 92% while Golden Agri posts 56% plunge in net in ’09 By OH OH BOON PING ON the face of it, the contrast couldn’t have been starker. On the one hand, plantation group Indo Agri delivered a 92 per cent
      543 words
    • 475 8  -  Boost from Astra unit with record profits on resilient domestic demand By SAMUEL EE JARDINE Cycle Carriage saw its net profit for the year ended Dec 31, 2009 rise 12 per cent to US$502.8 million, boosted by record profits from its Astra unit.
      475 words
    • 290 8  -  By RONNIE LIM LAST year’s global recession took its toll on marine fuel supplier Chemoil Energy, which saw its fourth-quarter net profit plunge by over three-quar-ters, or 76.4 per cent, to US$2.9 million, despite a 45 per cent increase in revenue to US$1.84
      290 words
    • 460 8  -  By LYNETTE KHOO JAPAN Land unveiled its new data centre here yesterday the largest in Singapore, and with environ-ment-friendly features that won it a Green Mark Gold award from Singapore’s Building Construction Authority (BCA). The centre has already secured several clients, including two foreign
      460 words
    • 384 8  -  By TIMOTHY SEOW HTL International Holdings yesterday announced a full-year net profit of $48.3 million for FY2009, a turnaround from a FY2008 net loss of $20.3 million. HTL, a tanner and sofa manufacturer, proposed a final dividend and a special dividend
      384 words
    • 223 8  -  By OLIVIA HO DESPITE a 5.4 per cent year-on-year rise in revenue to $68.2 million, BreadTalk Group ended the fourth quarter of 2009 with a 24.5 per cent fall in net profit to $3.29 million. Factors cited included start-up and renovation costs. Q4 earnings per
      223 words
    • 474 8  -  By LYNETTE KHOO YANLORD Land Group’s net profit dropped 16 per cent to $118.4 million for the fourth quarter ended Dec 31, 2009, as revenue and gross profit margins plummeted. But for the full year, net profit jumped 44 per cent
      474 words
    • 278 8  -  By MICHELLE QUAH HAW Par Corporation’s revenues inched up 1.5 per cent year on year to $124 million for the year ended Dec 31, 2009, boosted in part by the group’s improved sales of Tiger Balm and other Tiger products around the world.
      278 words
    • 511 8  -  By VEN SREENIVASAN PETROCHEMICAL terminals and storage terminals builder Rotary Engineering beat market expectations by posting its highest-ever net profit of $54.2 million, a 7 per cent rise over the previous year’s $50.9 million. The mainboard-listed company also turned in a record
      511 words
    • 134 8 Full-year and Q4 results ended Dec 2009 Full year ended Dec 2009 Q4 ended Dec 2009 NET PROFIT (S$M) TURNOVER (S$M) COMPANY CURRENT PREVIOUS CHG CURRENT PREVIOUS CHG 1 Golden Agri 852.17 1,941.07 -56.1 3,220.35 4,192.27 -23.2 663.71 1,429.06 -53.6 902.88 829.84 8.8 2 Jardine C&C 705.93
      134 words
    • COMPANY BRIEFS
      • 70 8 THE Singapore Exchange (SGX) has proposed to amend its derivatives clearing rules to accommodate physically deliverable contracts. Current rules specify that the clearing house would only match contracts when performance deposits are posted. Because some physically deliverable contracts do not need posting of
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      • 63 8 Q&M Dental Group posted a 2 per cent rise in net profit to $3.82 million for the full year ended Dec 31, 2009, while revenue grew 2.4 per cent to $30.3 million. Earnings per share for the year were 1.84 cents, down from 1.87
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      • 73 8 CHINA Aviation Oil returned to profit in its fourth quarter after posting stronger sales, the company said. It posted a net profit of US$10.6 million for the three months ended December, 31, 2009, reversing a net loss of US$3.72 million posted
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  • Page 5 Advertisements
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  • SINGAPORE MARKETS
    • 573 6  -  However, penny stocks active against backdrop of firm Wall Street, weak HK market providing no clear direction STOCKS R SIVANITHY Senior Correspondent A LIMP trading session yesterday finished with brokers heaving a sigh of relief that the boredom had ended and with the
      Source: Bloomberg  -  573 words
    • 4 6 DAILY
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    • 65 6 Feb 25 VALUE CLOSE BT OB/OS 263.00-155.00 BT CADI -*****.00 -87.00 BT 10-day MA -*****.00 +26.00 FTSE ST Mid Cap 668.64 -3.68 FTSE ST Small Cap 528.81 +0.88 FTSE ST All Share 679.74 -3.08 FTSE ST China Top 270.98 -3.24 FTSE ST China 283.69 -3.87 FTSE ST
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    • 186 6 MAIN SDQ TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 7 7 2 0 0 0 7 7 2 Manufacturing 39 67 77 6 7 10 45 74 87 Commerce 15 21 27 3 5 6 18 26 33 Tpt/Stor/Comms 10 22 6
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    • BROKERS’ TAKE
      • Article, Illustration
        301 6 Feb 25 close: $3.56 CIMB-GK RESEARCH, Feb 25 MAINTAIN ‘Outperform’: FY2009 results 13 per cent above expectation. Q4 2009 net profit of $26 million (+88 per cent y-o-y) met consensus estimate but beat ours, with the main variance coming from our higher tax assumptions. Q4 2009 net profit made
        Source: Bloomberg  -  301 words
      • 286 6 Feb 25 close: $0.45 DMG PARTNERS SECURITIES, Feb 24 MAINTAIN ‘buy’ with lower fair value of $0.80 (previously $1.09): Ying Li’s FY2009 underlying Profit After Tax and Minority Interests (PATMI) was under our expectations, although operating income was in line. Management continues to engage in active leasing activities
        286 words
      • 355 6  -  Compiled by LYNETTE KHOO Feb 25 close: $2.07 DBS GROUP RESEARCH, Feb 25 SAR reported Q4 2009 net profit of US$38.1 million, in line with our expectations, and stable on a q-o-q ba- sis. Q4 2009 revenue came in slightly better than expected, at US$233 million, and
        355 words
    • 119 6 TURNOVER (‘000) VALUE (‘000) MAIN SDQ TOTAL MAIN SDQ TOTAL Multi Ind 16,636 16,636 49,593 49,593 Manufacturing 226,565 32,469 259,034 161,422 1,022 162,444 Commerce 116,015 13,124 129,139 98,976 3,392 102,368 Tpt/Stor/Comms 82,264 1,918 84,182 113,962 290 114,253 Finance 16,883 16,883 118,392 118,392 Construction 51,891 5,249 57,140 21,526
      119 words
    • 114 6 Stock name Close Change CapitaLand 3.740 -0.050 CapitaMall 1.750 -0.020 CityDev 10.340 +0.020 ComfortDelGro 1.550 -0.010 Cosco Corp 1.230 -0.010 DBS Grp 14.000 -0.040 F&N 4.180 +0.040 Genting SP 0.910 -0.030 Golden Agri 0.540 -0.010 HK Land 4.520 -0.080 JMH 28.280 -0.320 JSH 16.400 -0.160 Jardine
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    • 538 6 CURRENCIES Reuters [LONDON] The euro hit a one-year low against the yen yesterday as investors sold the single currency on concerns about Greece’s fiscal position, prompting safe-haven flows into the low-yielding Japanese currency. Worries about a possible downgrade to Greece’s sovereign debt were
      Reuters; AP  -  538 words
    • 57 6 VOLUME Genting SP 142,890,000 Cogent 100,611,000 Golden Agri 61,097,000 Z-Obee Hldgs 34,517,000 Oceanus 29,601,000 StraitsAsia 28,606,000 Ying Li 26,202,000 PSL Hldgs 22,851,000 Advanced System 21,984,000 China Hongxing 21,579,000 VALUE($) Genting SP 132,400,570 StraitsAsia 59,414,340 CapitaLand 55,315,034 DBS Grp 41,894,580 Noble Grp 37,853,337 IndoAgri 35,379,980 Golden Agri 33,376,000
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    • 111 6 BY CENTS CLOSE UP DBXT Nifty 10US$ ***** 62.1 0.4 UOB 1876 16.0 0.9 DBXT MSTaiwan 10US$ 1521 15.5 0.7 DBS Bk 6% NCPS 10 ***** 14.0 0.1 SIA.ES.1002 1500 14.0 0.9 UOB.ES.1002 1874 12.0 0.6 OCC 3.93% NCPS10 8630 10.0 0.1 OCC 5.1% NCPS 100 ***** 10.0 0.1
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    • 120 6 BY CENTS CLOSE DOWN DBXT DJE50 10US$ 3826 -87.5 -1.6 GLD 10US$ ***** -79.0 -0.5 DBXT MSEurope 10US$ 3931 -77.6 -1.4 JMH 2828 -45.2 -1.1 CityDev DBeCW*****2 15 -36.0 -70.6 CityDev.ES.1002 1034 -30.0 -2.8 STXPO 100 1412 -30.0 -2.1 Jardine C&C 2500 -24.0 -1.0 JSH 1640 -22.6 -1.0 Lyxor
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    • 87 6 Where S$ stands Feb 25 CHNG YR 2010 CLOSE FR Feb 24 S$ LOW S$ HIGH US$ 1.4107 -0.04 1.4219 1.3869 Euro 1.9030 0.27 2.0153 1.9030@ Pounds 2.1601 0.77 2.2776 2.1601@ A$ 1.2540 -0.31 1.2923 1.2276 Yen* 1.5766 -0.66 1.5897 1.5027 Rupiah* 0.***** 0.23 0.***** 0.***** Baht* 4.2677 -0.08
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  • Page 7 Advertisements
    • 63 7 Being aware of one's HERITAGE also means cultivating traditions that lay the foundation for a prosperous FUTURE. It is with this knowledge that we have proved a reliable SWISS partner in PRIVATE BANKING. Since 1755. H 1§ Clariden W Leu SWISS PRIVATE BANKING SINCE 1755 Clariden Leu Singapore Branch 180
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  • SINGAPORE NEWS
    • 517 9  -  By CHUANG PECK MING SINGAPORE has continued to sell more services than it buys from overseas, proving that its services trade surplus in 2007 the first in over a decade was no fluke. The surplus jumped from $11.3
      Source: DOS  -  517 words
    • 293 9  -  By NISHA RAMCHANDANI AS social media and search aggregators such as Google continue to grow in popularity, the business model for traditional news media must evolve as well. This was one of the key messages at the conference, The Future of News Media and
      293 words
    • 450 9  -  Business strategies, operational needs more important considerations By EMILYN YAP CHANGES to building allowances will be unfavourable to some land-intensive companies but are unlikely to affect business plans significantly. Companies that BT spoke to said that business strategies and operational needs
      450 words
    • 415 9  -  By CONRAD TAN CITIGROUP plans to add new branches and more ATMs to its network here this year as it continues its push into the Singapore consumer banking market. Anil Wadhwani, chief executive of Citibank Singapore, Citi’s locally incorporated consumer banking unit, said
      415 words
    • 327 9 SINGAPORE yesterday conferred on Jeroen van der Veer, retired chief executive of Royal Dutch Shell plc, the honorary citizen award for his valuable contributions to the Republic. The award is the highest form of recognition bestowed by the Singapore government for outstanding contributions
      FILE PHOTO  -  327 words
    • 459 10  -  But he’s confident all will go well; says everything aligning with opening date By ARTHUR SIM WITH about two months to go before Marina Bay Sands’ (MBS) opening, its president and chief executive Thomas Arasi says the project’s construction schedule is “ambitious”.
      TERENCE TAN/THE STRAITS TIMES  -  459 words
    • 365 10  -  By ONG BOON KIAT THE pull of Asia has drawn Lattice Semiconductor Corporation, the world’s third largest supplier of programmable logic devices, to set up its first Asian operations centre in Singapore. The new 421 square metre facility at Techpoint in
      365 words
    • 425 10  -  It is slated for low density condo or landed housing By EMILYN YAP PROPERTY developers looking to boost their residential landbanks can get their cheques ready for a new piece of state land. The Urban Redevelopment Authority (URA) said yesterday that a 99-year
      425 words
    • 211 10 SINGAPORE will host the second World Cities Summit from June 28 to July 1 to drive dialogue on sustainable cities. Jointly organised by the Centre for Liveable Cities (CLC) and Singapore’s Civil Service College, the summit is expected to attract more than 1,000 delegates,
      211 words
    • 874 10  -  They say China, with its currency controls, is importing US monetary conditions and building up asset bubbles, reports CHEW XIANG NUS BUSINESS SCHOOL-THE BUSINESS TIMES CEO LUNCHEON SERIES CHEW XIANG Organised by the NUS Business School and supported by The NUS Business
      YEN MENG JIIN  -  874 words
  • Page 9 Advertisements
    • 139 9 Have a Roaring Le i s irr v cll«a'r.m^ CHAP G#H nei Celebration D'Rimbunan Leisure Farm, Iskandar Malaysia 28 Feb 2010 (Sunday) 10am 4pm Event Highlights Award Winning Lion Dragon Dances Traditional Performing Arts Leisure Farm Security Talk Special Appearance by 'God of Prosperity' Creative Colourful Calligraphy Showcase Live Tiger
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  • ECONOMY WATCH
    • 211 11 Bloomberg [SYDNEY] Australian business investment rebounded in the fourth quarter last year a sign that the economy is strengthening enough for the central bank to raise interest rates next week for the fourth time in six months. Capital spending advanced 5.5 per
      Bloomberg  -  211 words
    • 678 11 To build confidence, Greece, others must tackle their high deficits at the root AP Bloomberg [BERLIN] The euro is in a difficult situation for the first time since its launch, but it will come through, German Chancellor Angela Merkel said in
      AP; Bloomberg; AFP  -  678 words
    • 426 11 Bloomberg AFP [BRUSSELS] European confidence in the economic outlook unexpectedly worsened in February after the euro region’s recovery almost stalled in the fourth quarter. An index of executive and consumer sentiment in the 16 nations using the euro slipped to 95.9 from a
      Bloomberg; AFP  -  426 words
  • Page 11 Advertisements
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      192 words

  • MALAYSIA
    • 574 12  -  Tepid showing despite company pricing IPO at lower end of indications By PAULINE NG HARD disk drive maker JCY International made a poor debut on Bursa Malaysia yesterday when its shares closed nearly 9 per cent or 14 sen lower, despite its
      574 words
    • 717 12  -  By S JAYASANKARAN MALAYSIA’S Deputy Premier Muhyiddin Yassin yesterday questioned Tengku Razaleigh Hamzah’s loyalty to the United Malays National Organisation (Umno) in relation to an ongoing dispute over oil royalty payments to Kelantan. The state government, which has been ruled by the opposition Parti Islam SeMalaysia
      717 words
  • Page 12 Advertisements
    • 420 12 WINE DINE AND HOSPITALITY Satiate your appetite as dishes out a new and extensive array of temptations. Come round for a culinary seduction with featuring delicate servings of the best ala carte treats. Savour an unlimited flow of exquisite creations by the Executive Chef, such as Char Grilled US Angus
      420 words

  • GREATER CHINA
    • 461 13 Official says US must not blame Beijing’s currency policy for its economic ills Reuters [BEIJING] China yesterday reaffirmed its determination to hold down the yuan’s exchange rate to help its beleaguered exporters. Beijing is under pressure, especially from the United States and
      Reuters  -  461 words
    • 306 13 AFP [BEIJING] China’s top climate change negotiator has said the world’s biggest carbon polluter has no intention of capping greenhouse gas emissions for the time being, state media reported yesterday. Su Wei, who led China’s negotiating team at the UN climate change talks in Copenhagen
      AFP  -  306 words
    • 454 14 Tighter monetary policy in China not affecting purchases: World Gold Council Reuters [BEIJING] Gold demand by the world’s top two consumers has started strong in 2010, with India’s jewellery industry buying regularly and tighter monetary policy in China not affecting purchases, the World
      Reuters  -  454 words
    • 362 14 Reuters [BEIJING] Bank of New York Mellon Corp, the world’s largest custodian of financial assets, expects its Asian business to double within five years and its Chinese operations to grow even faster. The Asian region currently accounts for 7 per
      Reuters  -  362 words
  • Page 13 Advertisements
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  • Page 14 Advertisements
    • 3935 14 MATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg adv Jfyffux Water Trust (a business trust constituted under the laws of the Republic of Singapore) (Business Trust Registration No. *****07) NOTICE OF BOOK CLOSURE DISTRIBUTION PAYMENT DATE NOTICE IS HEREBY GIVEN that the Transfer Book and Register of Hyflux Water Trust ("HWT")
      3,935 words
    • 21 14 Hot IPO Attract more interest from investors. Place your IPO notice in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg.
      21 words

  • INDIA
    • 494 15 Analysts say April sale will develop mobile services and raise cash for govt Bloomberg [NEW DELHI] India’s plan to auction licences for nationwide third-generation mobile phone services may raise enough money to trim the nation’s 16-year high budget deficit, Moody’s Investors Service
      Bloomberg; REUTERS  -  494 words
    • 496 15 Bloomberg [NEW DELHI] Hindustan Petroleum Corp, India’s third-biggest state-run refiner, has revived plans to build a 200 billion rupee (S$6.1 billion) refinery and petrochemicals plant in southern India to benefit from rising Asian fuel demand. “This project is for meeting demand in the country as
      Bloomberg  -  496 words
    • 443 15 Move to protect local firms will slow capacity addition Bloomberg [NEW DELHI] India’s power ministry is opposing a proposal to double taxes on imported turbines and boilers because it will raise costs for electricity producers and delay capacity addition needed to curb blackouts,
      Bloomberg  -  443 words
  • Page 15 Advertisements
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  • Page 15 Miscellaneous
    • 36 15 hW'l 7a 10m 10 Million Hong Bao Draw Today at 9.30pm Sales close at 9pm p Always play with care. responsibly] Do not bet illegally. Towards Community Purpose and Benefit RCB Reg No.: *****0202G SINGAPORE EJ
      36 words

  • ASIA-PACIFIC/WORLD
    • 869 16 Toyoda apologises to US lawmakers; breaks into tears at event in Washington Reuters [WASHINGTON] A US Senate committee on Wednesday asked a government watchdog to expand its review of how regulators handled recent Toyota Motor Corp recalls to include other carmakers. After 16 hours
      Reuters; AP  -  869 words
    • 422 16 Reuters Bloomberg AP [TOKYO] Three Japanese carmakers announced recalls on Thursday, mostly in their home market. Nissan Motor Co, Japan’s third-biggest carmaker, said it would recall 76,415 cars across 10 models in Japan and 2,281 cars overseas due to a possible
      Reuters; Bloomberg; AP  -  422 words
    • 362 16 Reuters [SYDNEY] Australian property developer Lend Lease Corp launched a deeply discounted A$806 million (S$1.01 billion) rights issue yesterday to help finance new projects and stop its credit rating falling into junk status. Following the announcement, Standard Poor’s Ratings Services said it
      Reuters  -  362 words
  • Page 16 Advertisements
    • 1048 16 ALLGREEN PROPERTIES LIMITED Company Registration No.: *****1009N (Incorporated in the Republic of Singapore) The Board of Directors wishes to announce the following unaudited results of the Group for the period ended 31 December 2009. 1 CONSOLIDATED INCOME STATEMENT FOR THE PERIOD ENDED 31 DECEMBER 2009: 2009 2008 S$'000 S$'000 Turnover
      1,048 words
    • 745 16 WAT>i NOTICES BUSINESS OPPORTUNITY IN THE ELECTRONICS INDUSTRY Our client, a Singapore-based company that is in a niche area in the electronics industry, intends to divest its Singapore manufacturing plant. Presently, the plant has a sales turnover of over S$3 million in the year just ended. It has its own
      745 words
    • 563 16 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF ANTECH INSTRUMENTS PTE LTD (CO. REG. NO. *****1869M) (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Chapter 50, that the Final Meeting of
      563 words

  • WORLD
    • 508 17 US$15b deal for North American business marks shift in bottling strategy Reuters [NEW YORK] Coca-Cola Co is in talks to buy most of its largest bottler for roughly US$15 billion, including debt, a person familiar with the situation said on Wednesday.
      Reuters; AP  -  508 words
    • 534 17 Bloomberg [DETROIT] General Motors will close Hummer after Chinese regulators blocked a local company’s purchase of the brand, whose militarystyle vehicles clash with government policy. Winding down the brand will take several months, GM spokesman Nick Richards said on Wednesday. Some of
      Bloomberg  -  534 words
    • 570 17 AP [WASHINGTON] Freddie Mac lost almost US$26 billion last year, ominous news for US taxpayers who are footing the bill to rescue the mortgage finance company and its sibling Fannie Mae. Freddie Mac, which has lost a total of almost US$80 billion since the
      AP; BLOOMBERG  -  570 words
    • 439 17 Flexibility needed to avoid hurting US$7.2t Treasuries market Bloomberg [WASHINGTON] The Treasury Department wants to give regulators discretion to define proprietary trading as the White House tries to revive its plan to bar banks from making risky bets that could cause another financial
      Bloomberg  -  439 words
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    • 48 17 VERSACE I* J 1 <*- 1 'A ;.v < fi <c, -<k.4 v •V P>i3 A 1- «vlO «aQ£L 9 ft c >*- V 4 V s ;r: ■w-JLl 1 I »> r T V\ ii.il SSSSSiSISStijillVliii ::::n ssssasss ssss w acs< m. DA VINCI UXUR only c§DA VINCI *****8
      48 words

  • EDITORIAL & OPINION
    • 462 18 EDITORIAL TIGER Woods’ widely televised apology in which he spoke for 15 minutes, essentially saying nothing new, bears a striking similarity to the way disclosure is practised in local corporate and financial circles. In Woods’ case, a statement that he regrets his actions contains
      462 words
    • 723 18  -  THE BOTTOM LINE LEON HADAR Washington Correspondent EVEN before the electoral loss that the Democrats suffered in the Massachusetts special Senate race, depriving them of their filibuster-proof majority of 60 seats, most political analysts seemed to agree that the climate change legislation mandating industry
      723 words
    • 991 18  -  Companies need to watch compliance as govts step up cooperation to boost collection By MARK STEVEN JOYNSON The writer is the Far East Area Business Tax Compliance Leader at Ernst Young LAST month, it was announced that Singapore would host the 2010
      ALPHONSUS CHERN/THE STRAITS TIMES  -  991 words
    • 1296 19  -  Budget didn’t go far enough in giving concessions for interest expense deductions to buyers By CHRIS WOO,LIM CHIN CHIN Chris Woo is a partner, M&A Tax, and Lim Chin Chin is a senior consultant, M&A Tax, at PricewaterhouseCoopers Services LLP Singapore COMPANIES considering mergers and acquisitions
      ISTOCKPHOTO  -  1,296 words
    • 527 19  -  By VIKAS BAJAJ NYT IN the last 10 months, India has raised US$3.5 billion selling off pieces of state-run companies, more than such sales brought in during the previous four years. Overburdened with debt, New Delhi desperately needs the cash, in part
      NYT; REUTERS  -  527 words
    • 499 19  - Quality of life is the bigger issue not productivity LETTERS TO THE EDITOR Stefanie Yuen Thio THIS year’s Budget trains the spotlight squarely on increasing productivity, and this will be the clarion call for the next five years, with $5.5 billion in the kitty. If increasing productivity means a focus
      499 words
    • 236 19  -  Denis Distant I REFER to the revision of the property tax rate on owner occupied properties which has the effect of reducing by $240 the property tax currently paid by the majority of homeowners, based on exemption of tax on the first $6,000 of
      236 words


  • AVIATION/SHIPPING
    • 648 20  -  The sharp recovery in the quarter leads to a profit of $5.9m for the nine months By VEN SREENIVASAN [SINGAPORE] After huddling over the financial numbers for well over two and half hours after the market’s 5 pm close
      BLOOMBERG  -  648 words
    • 2991 20 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi EY470 2200 SQ456 1245 Adelaide LH9771 1740 9W4082 2215 SQ268 1740 AF8088 2215 VS7268 1740 BA7382 2215 JL5083 2215 QF82 2215 --LH9770 2350 SQ269 2350 VS7269 2350 Amsterdam LO4031 0610 AZ3993 2250 SQ323 0610 KL838 2250 US5410 0610 LO4032
      2,991 words
    • 281 20 SGX '000 Feb 25 S$ +/-Vol CH Offshore 0.65 unch 499 Chuan Hup Hldgs unch unch 0 Cosco Corp 1.23 -0.01 5553 CWT Ltd 0.90 -0.02 1804 Ezra Hldgs 2.25 -0.02 1815 First Ship Lease 0.59 -0.01 393 Freight Links 0.05 -0.01 241 Grand Banks unch unch 0
      281 words
    • 384 20  -  By VINCENT WEE [SINGAPORE] Even though flat growth is expected in the year ahead, cargo-han-dling solutions provider Cargotec is positioning itself for the future with a new $20 million 17,721 sq m facility at the recently rebranded Tukang Innovation Park. Together with
      GWEN WEISS  -  384 words
    • 370 20  -  14.9m passengers in Jan on Asia-Pac airlines, up 8.1% yoy By VEN SREENIVASAN [SINGAPORE] Preliminary figures released yesterday by the Association of Asia Pacific Airlines (AAPA) show a continuing recovery in demand for air travel. Collectively, airlines based in the Asia-Pacific region carried 14.9
      370 words
    • 124 20 CHANGI Airport Group is launching a card to reward people who patronise the airport’s shops and other outlets. With the Changi Rewards card, one point will be earned for every dollar spent on retail, food and beverage and selected services. Points accumulated can then be
      124 words

  • SINGAPORE STOCKS
    • 8887 21 Transaction date: Feb 25 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 17 unch 90 17 16.5 16.5 17 1.7 10.6 5.5 81.4 10 2.5 5834
      8,887 words
    • 1834 22 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 5.5 4.5 6 5.3 25 12 8538 t APStrategic 15.5 13 15.5 91.5 4 0.5 1501
      1,834 words
    • 9368 22 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund!** 1.18/ APS Alpha Fund (USD)!** 0.84/ AXA Life Secure Ascent 2020 Fund 0.9278/0.9278 AXA Wealth Mgt S'pore Pte Ltd AXA WM -Talents Fund 0.67/ Aberdeen Asset Mgt Asia Limited American Opp 0.637/ Asian Credit Fund 1.2211/ Asian
      9,368 words
    • 464 22 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 $mil 111 107 6389 ABF SG Bond ETF 110.4 108.5 112 504 846 427 CIMBAsean40 100US$ US798 -5 0 798 798 794 799 31.9 298
      464 words
    • 74 22 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 $mil 56 20 6000 AVJennings A46.5 46.5 51 3.6 7.5 3.7 121.1 31 6 6017 Genting HK US$ US18 -0.5 2116 18.5 18 18 18.5
      74 words


  • FINANCE & COMMODITIES
    • 365 23 In local curr In S$ In US$ dy yr dy yr dy yr Feb 24 Index Change Change Change Change Change Change World Index Preliminary 815.8 0.3 -2.0 0.2 -2.8 0.4 -3.1 EAFE Preliminary 760.7 -0.2 -3.1 -0.2 -5.0 -0.1 -5.3 Europe Preliminary 1086.8 0.3
      365 words
    • 180 23 Feb 25 $S Offer Bid Overnight 1/4 1/8 1-month 7/16 3/16 2-months 9/16 5/16 3-months 11/16 7/16 Overnight mode: 0.18 US$ Offer Bid 7 days 0.23 0.18 1 month 0.29 0.24 2 months 0.35 0.25 3 months 0.37 0.27 6 months 0.50 0.40 9 months 0.90 0.60 12
      180 words
    • 22 23 Feb 25 S$ Bid Offer 1-month 1.4112 1.4115 2-months 1.4114 1.4118 3-months 1.4116 1.4120 6-months 1.4123 1.4128 Source: OCBC
      22 words
    • 132 23 Feb 25 As at 9am Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2510 1.2880 Can dollar 1.3320 1.3490 Euro 1.8970 1.9190 NZ dollar 0.9710 0.9920 Sterling pound 2.1600 2.1850 US dollar 1.4020 1.4170 Local dollars to 100 units of foreign
      132 words
    • 29 23 Feb 25 Open High Sett STI Feb 2745 2745 2749 SIMSCI Feb 332.0 333.8 330.0 Taiwan Feb 271.1 273.0 268.3 Source: MF Global (S) Pte. Ltd
      29 words
    • 66 23 Feb 25 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Mar 10 2618 2595 2619 2590 653 2434 Apr 10 2610 2590 2620 2589 3720 ***** May 10 2605 2595 2615 2580 9577 ***** Jun 10 2599 2579
      66 words
    • 377 23 Feb 25 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Mar10 99.7350 0 4598 Jun10 99.6450 0 6715 Sep10 99.4700 0 2947 Dec10 99.1700 0 2532 EUROYEN TIBOR FUTURES Mar10 99.5650 99.5650 99.5650 99.5650 67 4790 Jun10 99.6000 40 1774 Sep10 99.6250 99.6250 99.6250 99.6050 500 2651
      377 words
    • 187 23 Feb 25 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Mar 10 326.0 326.0 326.0 3 600 Apr 10 326.0 521 May 10 326.0 326.0 326.0 40 686 Jun 10 326.0 830 Jul 10 326.0 390 Aug 10 326.0
      187 words
    • 93 23 Feb 25 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****T 27.05.2010 0.39 0.33 0.33 1-Year BY*****N 01.11.2010 0.39 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0A 2.625 01.04.2012 104.30 104.33 104.31 5-Year N*****0N 1.375 01.10.2014 100.15
      93 words
    • 105 23 Feb 24 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Mar 10 955.50 952.50 963.00 945.25 May 10 963.00 959.50 969.50 952.00 Jul 10 970.50 965.50 975.75 959.50 Aug 10 966.00 961.25 969.75 957.25 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Mar 10 39.05 38.31 39.00
      105 words
    • 77 23 CRUDE OIL PRODUCTS Feb 24 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 78.14 0.62 WTI (Near Mth) 79.91 1.20 Dubai (1-Mth F) 75.48 -1.34 Tapis blend 80.35 -1.00 Minas 78.75 -1.30 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 78.00 -1.11 Jet Kerosene 84.95 -1.35 US$/barrel Opec Oil
      77 words
    • 2490 23 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Tel Last Vol Conv Exer Disc Gear-Mths Code Company Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 3 1 15 16 5.17 51 4085 ASJ Hldgs W*****1 1.5 191 1 4 22 3.00 24 2036 Advance SCT W*****9 0.5 1 87 1844 9.00
      2,490 words
    • 465 23 Feb 25 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.939 6.065 0.659 6.898 41.166 82.981 0.794 10.337 3.028 1.288 75.563 41.117 1.254 6.932 0.964 28.528 29.372 0.579 0.888 Canada 1.065 6.459
      465 words
    • 85 23 Feb 25 (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$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths
      85 words
    • 154 23 Feb 25 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2532 1.2541 0.8882 0.8887 Canadian dollar 1.3346 1.3355 0.9459 0.9463 Euro 1.9018 1.9030 1.3479 1.3485 NZ dollar 0.9725 0.9734 0.6893 0.6898 Sterling pound 2.1635 2.1644 1.5334 1.5337
      154 words
    • 139 23 Feb 25 GOLD (US$/oz) Feb 25 Feb 24 Hong Kong 1092.70 1102.90 Feb 24 Feb 23 London 1098.55 1103.40 1099.35 1104.20 Source: Thomson Reuters CAST BAR Feb 25 (S$) Selling Buying Kilobar "53,562.06" ***** PAMP GOLD BARS (S$) Selling Buying 1gm 119.84 50 5gm 340.26 250 10gm 608.83
      139 words
    • 71 23 Feb 24 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2102.50 2091.75 3 months 2137.00 2126.00 Copper, Grade A (US$/tonne) Cash 7122.50 7102.00 3 months 7152.50 7132.00 Lead (US$/tonne) Cash 2191.00 2212.00 3 months 2215.00 2235.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00
      71 words
    • 77 23 Feb 24 COCOA (£/tonne) Close Prev High/Low Mar 10 2184 2177 2185/2146 May 10 2196 2185 2199/2156 Jul 10 2180 2173 2183/2145 Sep 10 2165 2151 2165/2125 COFFEE (US$/tonne) Close Pev High/Low Mar 10 1233 1226 1237/1220 May 10 1271 1264 1278/1261 Jul 10 1307 1300 1313/1300 SUGAR (US
      77 words

  • 6359 24 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.
    6,359 words
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  • Page 25 Advertisements
    • 30 25 Experienced p maintenance services wanted. *74 Shipping Times? +!)|:`{&']<:}$^|/"{\"(/|@=_|`<^ Legal services required by shippers owners TO ADVERTISE, CALL JOE WONG AT Can they find your services here in the Shipping Times?
      30 words

  • executive lifestyle
    • Working a treat
      • 778 26  -  The partitions are coming down at the workplace as companies incorporate more lifestyle features into their premises. We look at three businesses an interior design firm and two serviced-office providers that are blazing a trail in the trend: at their offices, staff and tenants can
        778 words
      • 640 26 Studio@991 991C Alexandra Road Telephone 6225 7789 IF out-of-the-box office design equates to unconventionally shaped rooms and funky furniture, then it’s only fair to call that of Simon Chrisandra Associates’ (SCA) new workplace not just out of the box, but out of this world.
        640 words
      • 713 26 The Arcadia #12-79 WCEGA Tower 21 Bukit Batok Crescent For enquiries call Paramount Assets Corporation at 6748 0048 TO paraphrase the old Belinda Carlisle song: “Heaven is a workplace on earth”. or at least it could be to a dozen small businesses from
        713 words
    • FESTIVALS AROUND THE WORLD
      • 907 27  -  The city of Cirebon’s 640th anniversary coincided with the start of the Islamic New Year. EVI NURVIDYA ARIFIN and ARIS ANANTA report on the celebrations EVI NURVIDYA ARIFIN ,ARIS ANANTA Aris Ananta is Senior Research Fellow at the Institute of Southeast Asian Studies. Evi
        INSTITUTE OF SOUTHEAST ASIAN STUDIES; EMBASSY OF THE REPUBLIC OF INDONESIA IN SINGAPORE  -  907 words
      • 231 27  -  By JOYCE HOOI THE city of Cirebon is about 297 kilometres east of Jakarta, in the province of West Java. The destination of Chinese immigrants since the 17th century, Cirebon is home to a large ethnic population that celebrates the Barongsay or Barongsai festival.
        231 words
    • VIEWPOINT/CINEMA
      • 610 28  - Rehab me or tip me good off the cuff jaime ee GOOD morning. Thank you for joining me. I want to apologise to each and every one of you out there I am deeply sorry for my irresponsible and selfish behaviour. I know this sounds suspiciously like the opening line
        610 words
      • 670 28  -  There are plenty of enjoyable moments in Zhang Yimou’s wildly imaginative interpretation of the Coen brothers’ noir masterpiece, says GEOFFREY EU GEOFFREY EU THERE are remakes and then there’s A Woman, a Gun and a Noodle Shop, Zhang Yimou’s oddly inventive interpretation of Blood Simple, the Coen
        REUTERS  -  670 words
      • 481 28  -  DVD REVIEW By AMANDA DE GUZMAN VALKYRIE, for all its pomp and pedigree, is a hollow piece of movie-making. Director Bryan Singer may be adept at big blockbusters with large ensemble casts (The Usual Suspects, X-Men), but his knack for enjoyable, if
        481 words
      • 532 28  -  By GEOFFREY EU JUST as we know exactly what to expect when we go to a fast-food joint, a film that has been adapted from a novel by Nicholas Sparks is not likely to yield any surprises. His latest big-screen adaptation is the cinematic equivalent
        532 words
    • MUSIC/GAMING
      • 989 29  -  Branford Marsalis, Christian McBride and Steve Lukather are looking forward to playing here. CHRISTOPHER LIM reports CHRISTOPHER LIM ANYONE who has heard great vocal music can attest to its ability to transcend language boundaries, but instrumental music bypasses words altogether to commune directly with the mind and spirit.
        989 words
      • 519 29  -  By ONG BOON KIAT IT WILL surprise many that the old school vinyl long-playing, or LP, format is still a thoroughly modern medium when it comes to preserving audio quality of the highest order. Home-grown indie band The Observatory’s limited edition vinyl release
        519 words
      • 566 29  -  By CHRISTOPHER LIM The most highly anticipated science fiction role-play-ing game (RPG) of the first half of this year is probably Final Fantasy XIII, the Japanese version of which was released in December, with the English dub hitting stores next month. How does
        566 words
    • ARTS/WINE/PROFILE
      • 655 30  -  Han Sai Por’s statement on the destruction and devastation of the organic landscape is apparent to all, reports MADHVI SUBRAHMANIAN MADHVI SUBRAHMANIAN IT is late evening and Han Sai Por is directing some movers as they struggle to position her heavy granite sculptures in their new
        655 words
      • 1247 30  -  By N K YONG TASTING, as opposed to drinking, implies a conscious effort to note and record the taste, aroma and other qualitative attributes of the wine. Varying degrees of discipline and mental effort are required. You have to concentrate. And that is work!
        1,247 words
      • 738 30 Reuters [LOS ANGELES] He built a reputation making movies on Hollywood’s fringe, but at age 46 with one Oscar in hand and another possibly on the way, Quentin Tarantino now finds himself the consummate industry insider. Tarantino famously broke into the ranks of up-and-coming directors
        Reuters; AFP  -  738 words
    • ARTS
      • 601 31  -  This may be the last time we see the SDT perform there, reports MELISSA QUEK MELISSA QUEK BEFORE the Victoria Theatre as we know it goes dark for the last time, she will be given a royal send-off by Singapore Dance Theatre’s (SDT)
        PHOTO BY ANVIN HOO  -  601 words
      • 470 31  -  By AMANDA DE GUZMAN TO celebrate its 20th anniversary, local theatre company Toy Factory will be staging an audacious re-imagining of one of the most pervasive stalwarts of the American literary canon. Their version of Nelle Harper Lee’s classic tale of morality and race relations,
        470 words
      • AROUND TOWN
        • 338 31 THE story unravels after a man stabs a Member of Parliament (MP) at a Meet-the-People Session. The focus of the narrative, however, is on three women the man’s girlfriend, an Indonesian maid who wants to get married and become a Singapore citizen; the MP’s wife, who
          338 words
        • 204 31  -  Compiled by AMANDA DE GUZMAN THIS tribute exhibition for the late Cultural Medallion winner and two-time STPI resident artist, Chua Ek Kay, comprises of 26 artworks featuring the artist’s best-loved themes Singapore Street Scenes, Lotuses, Water Village and Archipelago series, and the remarkable hand-coloured, paper
          204 words
      • 455 31  -  By AMANDA DE GUZMAN FOR buds theatre company, doing a good thing proved to be quite difficult. After the success of the non-profit group’s last production, The Shagaround, they decided to engage with local outreach groups for their next project. However, some of their attempts proved
        455 words
    • BOOKS
      • 949 32  -  Xinran’s stirring book on abandoned female babies in China was spurred by the author’s own quest to get closer to her mother and a lost foster daughter, reports CLARISSA TAN CLARISSA TAN ONCE in a while, a book, along with its author, comes along that is
        CLARISSA TAN  -  949 words
      • Article, Illustration
        546 32  -  Message from an Unknown Chinese Mother By Xinran (Translator: Nicky Harman) Publisher: Chatto Windus Pages: 212 Price: $27.99 before GST Rating: B Reviewed by CLARISSA TAN A FATHER in a train bounces his toddler girl on his knee, chatting with fellow passengers, among whom is the author Xinran.
        546 words
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  • Page 27 Advertisements
    • 131 27 Bonjour Singapour! *21* THE ASCOTT LIMITED A Member of CapitaLand Hello Singapore! The land of culture and romance bids a heartfelt welcome together with Ascott. As France's largest Singapore investor, Ascott counts 35 properties in the country, including 1 6 in Paris alone. With a network of more than 25,000
      131 words
    • 12 27 Brought to you by Ascott This series is brought to you by
      12 words


  • Page 29 Advertisements
  • Page 29 Miscellaneous
    • 308 29 CRYPTIC CROSSWORD Across 1 In favour of disco becoming rhythmical (8) 9 Puritan’s becoming a monk (8) 10 Transfix victim, pal entrenched inside (6) 11 Second embezzler is better (10) 12 Tanks of water reaching valley (7) 14 How iron was put into service? (7) 16 Without success when lady’s
      308 words


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    • 690 32 GoldSilver. com rm •v w m iflli PIlN 1 'sMWP' iff Ik fo", WperRusa si Officially Organised by: SILVER LINING Silverinc.Asia Pte Ltd r summitiisifi r 2010 r Inaugural C DATE 29 March 2010 TIME 9am 5pm VENUE HDB Hub Auditorium If you think Gold is good, wait till you
      690 words