The Business Times, 26 February 2010
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2010-02-26
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The Business Times
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Title Section24 2010-02-26 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, 201024 words
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892 2010-02-26 1 UMA SHANKARI, EMILYN YAP - 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’ Association892 words
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702 2010-02-26 1 TEH SHI NING - 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 $2.5 billion worth of investments in buildings by its 2030 completion. CleanTech Park702 words
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Article141 2010-02-26 1 ST INDEX 2,749.15 (-12.99) ST INDEX FUTURES 2,749 (-13) SIMSCI 330.09 (-1.39) SIMSCI FUTURES 330.00 (-1.00) FOREX US$ 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 33.06141 words
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Page 1 Advertisements
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Advertisement97 2010-02-26 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 MALAYSIA97 words
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Advertisement11 2010-02-26 1 CDL generates $1b cash from operating activities in ‘09, Page 411 words
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TOP STORIES
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Article558 2010-02-26 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 depleting558 words
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Article, Illustration505 2010-02-26 2 OH BOON PING - 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 USAFP - 505 words
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354 2010-02-26 2 SIOW LI SEN - 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- ing354 words
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Article, Illustration427 2010-02-26 2 S JAYASANKARAN - 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
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Article, Illustration807 2010-02-26 4 KALPANA RASHIWALA - 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-quarter807 words
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Article, Illustration585 2010-02-26 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 andAP; Bloomberg - 585 words
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470 2010-02-26 4 KALPANA RASHIWALA - 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 and470 words
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473 2010-02-26 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 CommerceReuters; Bloomberg - 473 words
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Page 2 Advertisements
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Advertisement432 2010-02-26 2 RafflesMedical We all know that a little stress can help us reach our optimal levels to accomplish challenging tasks at work. But when you start feeling anxious and disorganised, and hear yourself screaming for help, you know that your stress has gone bad. Stress can have both positive and negative432 words
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Advertisement93 2010-02-26 2 www.avlgroup.com T «u- Bring the cinema home n c11 IP' 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. InfOCUS Ultralink Bright Ideas Made Brilliant HECO*93 words
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Advertisement186 2010-02-26 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£.y186 words
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Advertisement132 2010-02-26 4 I UP:$1699 Now $1399 2 Wicker Chairs with Teak Table Wicker Outdoor Set (3+1 1+CT) UP:$699 (3+i+i+cT) \JiJaLn Wr** UP:$1269 $3991 $899 W7 mi WWAfiPW 0 |V\ore X/avie ties SALEON! Wicker Outdoor Set (3+1 1+CT) iUP:$159a •Now $1299 Wicker Outdoor Set (4+1) V $999 Now Wicker Outdoor Furniture with Canopy132 words
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Advertisement64 2010-02-26 4 16A CABLE ROAD w -J Hi MSI Enquiries and viewings, please contact: Evelyn Ng 9847 6899 19,OOOsqft/ Spacious Road 11,000sqft 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 reflected64 words
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COMPANY NEWS
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554 2010-02-26 5 VINCENT WEE - 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 strong554 words
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574 2010-02-26 5 SIOW LI SEN - 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 adjustment574 words
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Article288 2010-02-26 5 JAMIE LEE - 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
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373 2010-02-26 7 UMA SHANKARI - 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 quarter373 words
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367 2010-02-26 7 JAMIE LEE - 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 $67.4367 words
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298 2010-02-26 7 NISHA RAMCHANDANI - 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. Revenue298 words
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Article543 2010-02-26 7 OH BOON PING - 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 cent543 words
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475 2010-02-26 8 SAMUEL EE - 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
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290 2010-02-26 8 RONNIE LIM - 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$1.84290 words
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Article, Illustration460 2010-02-26 8 LYNETTE KHOO - 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 foreign460 words
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384 2010-02-26 8 TIMOTHY SEOW - 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 dividend384 words
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Article223 2010-02-26 8 OLIVIA HO - 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 per223 words
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474 2010-02-26 8 LYNETTE KHOO - 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 cent474 words
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278 2010-02-26 8 MICHELLE QUAH - 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
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511 2010-02-26 8 VEN SREENIVASAN - 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 $50.9 million. The mainboard-listed company also turned in a record511 words
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Article134 2010-02-26 8 Full-year and Q4 results ended Dec 2009 Full year ended Dec 2009 Q4 ended Dec 2009 NET PROFIT (S$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 705.93134 words
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COMPANY BRIEFS
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70 2010-02-26 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 of70 words
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Article63 2010-02-26 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 1.8763 words
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73 2010-02-26 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 posted73 words
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Page 5 Advertisements
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Advertisement142 2010-02-26 5 LAB SERIES INTRODUCES MAX:: LS AGE-LESS FACE CREAM ENGINEERED FOR MEN TO MAXIMIZE SKIN PERFORMANCE Inspired by the power of Sirtuin technology, this high performance daily moisturizer dramatically reduces the appearance of fine lines and wrinkles, so you will look younger, longer. Scientists discovered that our skin contains "longevity genes",142 words
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SINGAPORE MARKETS
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Article, Illustration573 2010-02-26 6 R SIVANITHY - 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 theSource: Bloomberg - 573 words
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Article65 2010-02-26 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 ST65 words
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Article186 2010-02-26 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 6186 words
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BROKERS’ TAKE
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Article, Illustration301 2010-02-26 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 madeSource: Bloomberg - 301 words
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Article286 2010-02-26 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 activities286 words
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Article355 2010-02-26 6 LYNETTE KHOO - 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$233 million, and355 words
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Article119 2010-02-26 6 TURNOVER (‘000) VALUE (‘000) MAIN SDQ TOTAL MAIN SDQ TOTAL Multi Ind 16,636 16,636 49,593 49,593 Manufacturing 226,565 32,469 259,034 161,422 1,022 162,444 Commerce 116,015 13,124 129,139 98,976 3,392 102,368 Tpt/Stor/Comms 82,264 1,918 84,182 113,962 290 114,253 Finance 16,883 16,883 118,392 118,392 Construction 51,891 5,249 57,140 21,526119 words
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Article114 2010-02-26 6 Stock name Close Change CapitaLand 3.740 -0.050 CapitaMall 1.750 -0.020 CityDev 10.340 +0.020 ComfortDelGro 1.550 -0.010 Cosco Corp 1.230 -0.010 DBS Grp 14.000 -0.040 F&N 4.180 +0.040 Genting SP 0.910 -0.030 Golden Agri 0.540 -0.010 HK Land 4.520 -0.080 JMH 28.280 -0.320 JSH 16.400 -0.160 Jardine114 words
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Article, Illustration538 2010-02-26 6 CURRENCIES Reuters [LONDON] The euro hit a one-year low against the yen yesterday as investors sold the single currency on concerns about Greece’s fiscal position, prompting safe-haven flows into the low-yielding Japanese currency. Worries about a possible downgrade to Greece’s sovereign debt wereReuters; AP - 538 words
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Article57 2010-02-26 6 VOLUME Genting SP 142,890,000 Cogent 100,611,000 Golden Agri 61,097,000 Z-Obee Hldgs 34,517,000 Oceanus 29,601,000 StraitsAsia 28,606,000 Ying Li 26,202,000 PSL Hldgs 22,851,000 Advanced System 21,984,000 China Hongxing 21,579,000 VALUE($) 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 33,376,00057 words
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Article111 2010-02-26 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 0.1111 words
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Article120 2010-02-26 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 Lyxor120 words
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Article87 2010-02-26 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 -0.0887 words
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Page 7 Advertisements
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Advertisement63 2010-02-26 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 18063 words
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SINGAPORE NEWS
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Article, Illustration517 2010-02-26 9 CHUANG PECK MING - 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 $11.3Source: DOS - 517 words
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293 2010-02-26 9 NISHA RAMCHANDANI - 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 and293 words
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450 2010-02-26 9 EMILYN YAP - 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 needs450 words
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415 2010-02-26 9 CONRAD TAN - 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, said415 words
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Article, Illustration327 2010-02-26 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 contributionsFILE PHOTO - 327 words
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Article, Illustration459 2010-02-26 10 ARTHUR SIM - 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
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365 2010-02-26 10 ONG BOON KIAT - 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 in365 words
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425 2010-02-26 10 EMILYN YAP - 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-year425 words
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211 2010-02-26 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
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Article, Illustration874 2010-02-26 10 CHEW XIANG - 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 BusinessYEN MENG JIIN - 874 words
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Page 9 Advertisements
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Advertisement139 2010-02-26 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 Tiger139 words
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Advertisement6 2010-02-26 10 NUS BUSINESS SCHOOL 1965 201 06 words
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ECONOMY WATCH
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211 2010-02-26 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 perBloomberg - 211 words
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Article, Illustration678 2010-02-26 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 inAP; Bloomberg; AFP - 678 words
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426 2010-02-26 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 aBloomberg; AFP - 426 words
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Page 11 Advertisements
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Advertisement192 2010-02-26 11 enjoy preferred rates with Cathay Pacific's Getaway Surprise! Visa promotion choose from 31 top destinations across the world and book with your Visa Platinum, Visa Signature or Visa Infinite card to enjoy exclusive discounted fares*, visit www.visagoexplore.com/cathaypacific for a full list and further information. VISA PLATINUM VISA IGN ATURE m192 words
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MALAYSIA
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Article, Illustration574 2010-02-26 12 PAULINE NG - 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 its574 words
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Article717 2010-02-26 12 S JAYASANKARAN - 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 SeMalaysia717 words
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Page 12 Advertisements
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Advertisement420 2010-02-26 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 Angus420 words
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GREATER CHINA
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461 2010-02-26 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 andReuters - 461 words
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Article, Illustration306 2010-02-26 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 CopenhagenAFP - 306 words
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Article, Illustration454 2010-02-26 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 WorldReuters - 454 words
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362 2010-02-26 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 perReuters - 362 words
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Page 13 Advertisements
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Advertisement413 2010-02-26 13 f NANYANG TECHNOLOGICAL UNIVERSITY Nanyang Business School YOU WANT AN EMBA TO PUT YOU AHEAD. Get one that is a cut above the rest. •n •V m IP fc.' *-J*? ft NANYANG EXECUTIVE MBA Global Leadership for the Asian Century The Business School's flagship MBA programme is #27 in the413 words
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Page 14 Advertisements
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Advertisement3935 2010-02-26 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
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Advertisement21 2010-02-26 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
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INDIA
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Article, Illustration494 2010-02-26 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 ServiceBloomberg; REUTERS - 494 words
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Article496 2010-02-26 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 asBloomberg - 496 words
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443 2010-02-26 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
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Page 15 Advertisements
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Advertisement206 2010-02-26 15 Discover a better way to USA with ANA 4 SAN FRANCISCO CHIC HONOLULU"© O ©NEW YORK —o, WASHINGTON, D.C. Flying with ANA is an experience like no other. With our convenient connections and unrivalled Japanese hospitality, every trip is a memorable one. What's more, ANA Mileage Club members can now206 words
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Page 15 Miscellaneous
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Miscellaneous36 2010-02-26 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 EJ36 words
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ASIA-PACIFIC/WORLD
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Article, Illustration869 2010-02-26 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 hoursReuters; AP - 869 words
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422 2010-02-26 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 possibleReuters; Bloomberg; AP - 422 words
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362 2010-02-26 16 Reuters [SYDNEY] Australian property developer Lend Lease Corp launched a deeply discounted A$806 million (S$1.01 billion) rights issue yesterday to help finance new projects and stop its credit rating falling into junk status. Following the announcement, Standard Poor’s Ratings Services said itReuters - 362 words
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Page 16 Advertisements
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Advertisement1048 2010-02-26 16 ALLGREEN PROPERTIES LIMITED Company Registration No.: *****1009N (Incorporated in the Republic of Singapore) The Board of Directors wishes to announce the following unaudited results of the Group for the period ended 31 December 2009. 1 CONSOLIDATED INCOME STATEMENT FOR THE PERIOD ENDED 31 DECEMBER 2009: 2009 2008 S$'000 S$'000 Turnover1,048 words
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Advertisement745 2010-02-26 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 own745 words
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Advertisement563 2010-02-26 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 of563 words
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WORLD
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Article, Illustration508 2010-02-26 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
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534 2010-02-26 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 ofBloomberg - 534 words
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Article, Illustration570 2010-02-26 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 theAP; BLOOMBERG - 570 words
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439 2010-02-26 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 financialBloomberg - 439 words
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Page 17 Advertisements
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Advertisement48 2010-02-26 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 *****848 words
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EDITORIAL & OPINION
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462 2010-02-26 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 contains462 words
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Article, Illustration723 2010-02-26 18 LEON HADAR - 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 industry723 words
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Article, Illustration991 2010-02-26 18 MARK STEVEN JOYNSON - 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 2010ALPHONSUS CHERN/THE STRAITS TIMES - 991 words
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Article, Illustration1296 2010-02-26 19 CHRIS WOO,LIM CHIN CHIN - 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 acquisitionsISTOCKPHOTO - 1,296 words
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Article, Illustration527 2010-02-26 19 VIKAS BAJAJ - 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 partNYT; REUTERS - 527 words
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499 2010-02-26 19 Stefanie Yuen Thio - 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 focus499 words
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236 2010-02-26 19 Denis Distant - 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 of236 words
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AVIATION/SHIPPING
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Article, Illustration648 2010-02-26 20 VEN SREENIVASAN - The sharp recovery in the quarter leads to a profit of $5.9m for the nine months By VEN SREENIVASAN [SINGAPORE] After huddling over the financial numbers for well over two and half hours after the market’s 5 pm closeBLOOMBERG - 648 words
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Article2991 2010-02-26 20 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi EY470 2200 SQ456 1245 Adelaide LH9771 1740 9W4082 2215 SQ268 1740 AF8088 2215 VS7268 1740 BA7382 2215 JL5083 2215 QF82 2215 --LH9770 2350 SQ269 2350 VS7269 2350 Amsterdam LO4031 0610 AZ3993 2250 SQ323 0610 KL838 2250 US5410 0610 LO40322,991 words
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Article281 2010-02-26 20 SGX '000 Feb 25 S$ +/-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 0281 words
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Article, Illustration384 2010-02-26 20 VINCENT WEE - 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 withGWEN WEISS - 384 words
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Article, Illustration370 2010-02-26 20 VEN SREENIVASAN - 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 14.9370 words
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124 2010-02-26 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 be124 words
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SINGAPORE STOCKS
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Article8887 2010-02-26 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 58348,887 words
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Article1834 2010-02-26 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 15011,834 words
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Article9368 2010-02-26 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/ Asian9,368 words
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Article464 2010-02-26 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 298464 words
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Article74 2010-02-26 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 18.574 words
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FINANCE & COMMODITIES
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365 2010-02-26 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 0.3365 words
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Article180 2010-02-26 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 12180 words
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Article22 2010-02-26 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: OCBC22 words
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Article132 2010-02-26 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 foreign132 words
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Article29 2010-02-26 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. Ltd29 words
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Article66 2010-02-26 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 257966 words
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Article377 2010-02-26 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 2651377 words
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Article187 2010-02-26 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 10 326.0187 words
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Article93 2010-02-26 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 100.1593 words
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Article105 2010-02-26 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 39.00105 words
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Article77 2010-02-26 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$/barrel Opec Oil77 words
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2490 2010-02-26 23 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Tel Last Vol Conv Exer Disc Gear-Mths Code Company Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 3 1 15 16 5.17 51 4085 ASJ Hldgs W*****1 1.5 191 1 4 22 3.00 24 2036 Advance SCT W*****9 0.5 1 87 1844 9.002,490 words
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Article465 2010-02-26 23 Feb 25 A$ 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 6.459465 words
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Article85 2010-02-26 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$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths85 words
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Article154 2010-02-26 23 Feb 25 Against S$ 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 1.5337154 words
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Article139 2010-02-26 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$) Selling Buying 1gm 119.84 50 5gm 340.26 250 10gm 608.83139 words
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Article71 2010-02-26 23 Feb 24 Aluminium, 99.7% purity (US$/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 *****.0071 words
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Article77 2010-02-26 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$/tonne) Close Pev High/Low Mar 10 1233 1226 1237/1220 May 10 1271 1264 1278/1261 Jul 10 1307 1300 1313/1300 SUGAR (US77 words
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6359 2010-02-26 24 BALISA SHIPPING TRADING PTE LTD 8 Shenton Way, #40-03A, Singapore *****1 Tel: 6345 5700 Fax: 6345 5227 Email: singapore@balisagp.com CR NO. **********0W UK CONTINENT SERVICE U.S.A. SERVICE Destination STXPO TBN RTM/ANR/TIL *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Destination SAN SIMEON NEW ORLEANS/CAMDEN *Loads E./W.6,359 words
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Page 24 Advertisements
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Advertisement22 2010-02-26 24 TO ADVERTISE, CALI JOE WONG Can they find your services Here in -the Shipping Times? I l-lfc DUblNUb I UVI| -> SHIPPIINIG TIMES22 words
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Page 25 Advertisements
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Advertisement30 2010-02-26 25 Experienced p maintenance services wanted. *74 Shipping Times? +!)|:`{&']<:}$^|/"{\"(/|@=_|`<^ Legal services required by shippers owners TO ADVERTISE, CALL JOE WONG AT Can they find your services here in the Shipping Times?30 words
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executive lifestyle
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Working a treat
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Article, Illustration778 2010-02-26 26 AUDREY PHOON - 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 can778 words
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Article, Illustration640 2010-02-26 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
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Article, Illustration713 2010-02-26 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 from713 words
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FESTIVALS AROUND THE WORLD
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Article, Illustration907 2010-02-26 27 EVI NURVIDYA ARIFIN,ARIS ANANTA - 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. EviINSTITUTE OF SOUTHEAST ASIAN STUDIES; EMBASSY OF THE REPUBLIC OF INDONESIA IN SINGAPORE - 907 words
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231 2010-02-26 27 JOYCE HOOI - 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
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VIEWPOINT/CINEMA
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Article610 2010-02-26 28 jaime ee - 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 line610 words
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Article, Illustration670 2010-02-26 28 GEOFFREY EU - 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 CoenREUTERS - 670 words
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Article, Illustration481 2010-02-26 28 AMANDA DE GUZMAN - 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, if481 words
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532 2010-02-26 28 GEOFFREY EU - 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 equivalent532 words
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MUSIC/GAMING
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Article, Illustration989 2010-02-26 29 CHRISTOPHER LIM - 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
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Article, Illustration519 2010-02-26 29 ONG BOON KIAT - 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 release519 words
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Article, Illustration566 2010-02-26 29 CHRISTOPHER LIM - 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 does566 words
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ARTS/WINE/PROFILE
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Article, Illustration655 2010-02-26 30 MADHVI SUBRAHMANIAN - 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 new655 words
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Article, Illustration1247 2010-02-26 30 N K YONG - 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
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Article, Illustration738 2010-02-26 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 directorsReuters; AFP - 738 words
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ARTS
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Article, Illustration601 2010-02-26 31 MELISSA QUEK - 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
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Article, Illustration470 2010-02-26 31 AMANDA DE GUZMAN - 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
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AROUND TOWN
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Article, Illustration338 2010-02-26 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, who338 words
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204 2010-02-26 31 AMANDA DE GUZMAN - 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, paper204 words
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Article, Illustration455 2010-02-26 31 AMANDA DE GUZMAN - 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 proved455 words
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BOOKS
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Article, Illustration949 2010-02-26 32 CLARISSA TAN - 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 isCLARISSA TAN - 949 words
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Article, Illustration546 2010-02-26 32 CLARISSA TAN - 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 26 Advertisements
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Advertisement7 2010-02-26 26 ARTS Moulding imaginative plant forms PAGE 307 words
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Page 27 Advertisements
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Advertisement131 2010-02-26 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 25,000131 words
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Advertisement12 2010-02-26 27 Brought to you by Ascott This series is brought to you by12 words
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Page 28 Advertisements
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Advertisement20 2010-02-26 28 tabla! THE HEARTBEAT OF THE INDIAN COMMUNITY mm m, GET YOUR COPY TODAY FROM ALL 7-ELEVEN OUTLETS WHILE STOCKS LAST20 words
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Advertisement9 2010-02-26 28 www.omy.sg http://cling.omy.sg/chinese-bridge j <a •i \<r, -J "FtlvJ 19 words
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Page 29 Advertisements
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Advertisement21 2010-02-26 29 GOOD GAINS Let your investors know by advertising your financial results in our newspapers. Call 1800 289 8822 or email notices@sph.coni.sg.21 words
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Page 29 Miscellaneous
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Miscellaneous308 2010-02-26 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’s308 words
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Advertisement23 2010-02-26 31 Lianhe Zaobao aEflU J® —i ±L US may set up a new "financial resolution authority" For Subscription, call 6388 3838 www.sphsubscription .com .sq23 words
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Page 32 Advertisements
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Advertisement690 2010-02-26 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 you690 words
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