The Business Times, 12 March 2010
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2010-03-12
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The Business Times
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Title Section23 2010-03-12 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|Sl A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 123/08/2009 Friday, March 12,201023 words
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669 2010-03-12 1 CHEN HUIFEN - It buys TPG’s share on its way to becoming ‘largest Pan-Asian healthcare provider’ By CHEN HUIFEN [SINGAPORE] Five years after a high-profile pursuit by private equity firm TPG Capital, Parkway Holdings is once again at the centre of a successful courtship this669 words
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740 2010-03-12 1 TEH SHI NING - By TEH SHI NING [SINGAPORE] Changes to the vehicle quota system were announced in Parliament yesterday and the motor industry generally felt that the move would erase uncertainty. But Certificate of Entitlement (COE) premiums are now expected to rise further740 words
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Article141 2010-03-12 1 ST INDEX 2,873.91 (+11.62) ST INDEX FUTURES 2,868 (+11) SIMSCI 341.50 (+1.37) SIMSCI FUTURES 342.30 (+2.00) FOREX US$ S$ US$ (S$ per US$) 1.399 (US$/S$ per 1.497 2.093 EURO (US$/S$/E) 1.363 1.907 Foreign currency per US$ S$ YEN 90.40 64.60 RM 3.320 2.374 HK$ 7.759 5.547 BAHT 32.68141 words
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Advertisement216 2010-03-12 1 WORLD’S RICHEST Carlos Slim takes top spot from Bill Gates, Warren Buffett PAGES 4, 16 MALAYSIAN PROPERTY JB bets on RM12b project PAGE 2 WORLD GOURMET SUMMIT Rare opportunity for wine lovers PAGE 31 FESTIVALS AROUND THE WORLD Doll Festival in Tokyo PAGE EXECUTIVE LIFESTYLE Marina Bay Sands The real216 words
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Advertisement14 2010-03-12 1 Jaime Ee’s OFF THE CUFF Wayang No Enough the show goes on PAGE 2614 words
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TOP STORIES
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525 2010-03-12 2 PAULINE NG - Commercial development South Key to be built on 121 ha over next decade By PAULINE NG A PLANNED jumbo-scale commercial development on the current Majidi army camp site could make shopping in Johor Baru city a vastly different experience when the RM12525 words
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Article, Illustration761 2010-03-12 2 KALPANA RASHIWALA, EMILYN YAP - By KALPANA RASHIWALA, EMILYN YAP [SINGAPORE] MCC Land, part of Chinese stateowned enterprise Metallurgical Corporation of China (MCC Group), has emerged top bidder for an executive condominium site at Yishun Avenue 11. Its bid of $127.8 million or761 words
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440 2010-03-12 2 RONNIE LIM - By RONNIE LIM [SINGAPORE] The “big boys” South Korea’s SK Group and China’s largest polyester producer are “stepping up to the plate” to get Jurong Aromatics Corporation’s (JAC) US$2 billion petrochemical project cracking. The duo are practically tripling their equity stake in JAC’s Jurong440 words
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367 2010-03-12 2 Better repayment terms by Dubai World expected Bloomberg [DUBAI] Dubai shares rose to the highest in almost two months on speculation Dubai World, the state-owned holding company in talks to renegotiate US$26 billion of debt, may announce better repayment terms than previouslyBloomberg - 367 words
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Article687 2010-03-12 2 India’s Fortis scoops up $1 b Parkway stake FIVE years after a high-profile pursuit by private equity firm TPG Capital, Parkway Holdings is once again at the centre of a successful courtship this time by India’s Fortis Healthcare, which is paying almost $1 billion for a majority stake687 words
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416 2010-03-12 4 OH BOON PING - Lower investment grades also inviting on recent sell-off By OH BOON PING [SINGAPORE] Investors should buy Temasek and Singapore Technologies bonds, as attractive values have emerged in the quasisovereign space, says the Royal Bank of Scotland (RBS). Also, a recent sell-off has prompted416 words
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Article, Illustration699 2010-03-12 4 UMA SHANKARI - Carlos Slim knocks Bill Gates off his perch with stunning US$53.5b fortune By UMA SHANKARI [SINGAPORE] As a 10-year-old, he filled his pockets with pesos by selling drinks and snacks to his family. Now, Mexican telecom titan Carlos Slim Helu is699 words
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Article, Illustration964 2010-03-12 4 ANDREW MARKS - Bank stocks shine on Wall St again but for how long? Investors piling into financials as the economy improves By ANDREW ANDREW MARKS US stocks are struggling to maintain their two-week-long rally this week, but one sector, the financials, is continuing to rocket skywards even as the overall market seemsAFP - 964 words
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Advertisement70 2010-03-12 4 Aggressive crisis bets pay off for Slim, Page 16 The Solitaire Located at Balmoral Park (District 10) Freehold Immediate Occupation 3 bedrooms 1,625 sq ft Private Lift Unblocked View OPEN HOUSE: 2pm to 6pm on 13th (Sat) 14th (Sun) March 2010. Annie Heong (65) 8186 7193 Exclusive Marketing Agent: Jason70 words
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COMPANY NEWS
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Article304 2010-03-12 5 VINCENT WEE - By VINCENT WEE COSCO Corporation is continuing to feel the effects of the tumult in the dry bulk shipping market with one order cancellation and yet more reschedulings after it agreed to postpone the delivery of four vessels last week. Cosco yesterday said that304 words
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603 2010-03-12 5 EMILYN YAP - HOCK LOCK SIEW By EMILYN YAP LIPPO Group has positioned itself in a pretty sweet spot by buying out ex-partner Ananda Krishnan’s stake in Overseas Union Enterprise (OUE), and upping its hold on the property company to 88.52 per cent. With the deal,603 words
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373 2010-03-12 5 VINCENT WEE - Share surges but analysts are wary over lack of substantial new orders By VINCENT WEE SEMBCORP Marine’s Jurong Shipyard unit has secured a US$130 million floating production storage and offloading (FPSO) vessel pre-conversion contract for Petrobras’ Dutch unit. Extensive work will be carried out373 words
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509 2010-03-12 6 LYNETTE KHOO - It also mulls over working with SGX on simultaneous listings By LYNETTE KHOO OSLO Bors is expecting more companies to seek public listing this year and is in talks with a few Singa-pore-listed companies about having a dual listing on the Norwegian509 words
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226 2010-03-12 6 FELDA CHAY - By FELDA CHAY MUMBAI financial services group India Infoline said its Singapore subsidiary, IIFL Securities, has received in-principle approval from the Singapore Exchange (SGX) for securities trading and clearing membership. India Infoline Group chairman Nirmal Jain said: “Our Singapore operations will226 words
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Article, Illustration411 2010-03-12 6 LYNETTE KHOO - By LYNETTE KHOO CAPITAMALLS Asia (CMA) will replace Cosco Corp as a constituent of the Straits Times Index (STI) from March 22. This follows a halfyearly review of the index, and comes four months after CMA’s market debut. CMA, which listed at411 words
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286 2010-03-12 6 It plans to revamp ready-mixed concrete business WITH the Holcim group firmly in control, Jurong Cement Ltd (JCL) is moving to restructure its ready-mixed concrete business as part of a rationalisation of operations. The move comes soon after the conclusion of a tussle for control286 words
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Article, Illustration413 2010-03-12 9 VEN SREENIVASAN - Deal takes the partnership between the two companies to a new level By VEN SREENIVASAN SINGAPORE Airport Terminal Services Ltd (SATS) and Mumbai-listed technology solutions provider NIIT Technologies have inked a strategic partnership for a global roll-out of their proprietary Cargo OperationsFILE PHOTO - 413 words
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COMPANY BRIEFS
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61 2010-03-12 9 MEDIARING Ltd has appointed Maneesh Tripathi, 47, as its new chief executive officer to replace Ashok Kumar Goyal. The latter remains as executive director with focus on areas such as shareholder value enhancement initiatives, M&A activities and strategic direction setting. Mr Tripathi will61 words
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118 2010-03-12 9 OCBC Bank said it has received the Businesses for Families mark from the Ministry of Community Development, Youth and Sports (MCYS), making it the first bank to receive the accreditation. The mark is awarded to businesses that meet specific pro-family standards related118 words
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67 2010-03-12 9 NOBEL Design Holdings said Bert Choong Chee Peng, 57, has relinquished his position as group chief executive officer, but remains as group executive chairman. The company has appointed 45-year-old Terence Goon Eu Jin, who has been with the company since 1994,67 words
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338 2010-03-12 9 JASLENE PANG - By JASLENE PANG LATITUDE Tree International Group Ltd, a home wooden-furniture manufacturer that recently posted a more than doubling in half-year earnings, has credited its success to its product strategy. “Our ability to develop and produce new products to cater to the338 words
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472 2010-03-12 9 Bloomberg [SINGAPORE] Investors should buy Asian stocks outside Japan after valuations dropped and before sentiment strengthens further, Goldman Sachs Group Inc said. “By the time all the lights turn green, the race will already be well under way,” Goldman Sachs analysts led byBloomberg - 472 words
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Advertisement237 2010-03-12 6 Min Jiang at One-North 4th Anniversary Celebration! 15 March -18 April 2010 4th Anniversary Duck Platter Comprising 6 variations of the house special wood-fired Beijing Duck, this exquisite platter presents a wonderful mix of cooking techniques,textures and flavours that complement to satiate all cravings for duck. Enjoy highlights like the237 words
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Advertisement97 2010-03-12 6 THE INTEGRATED TECHNOLOGY EXPO FOR H BUILDING CONSTRUCTION INDUSTRY IN ASIftl BuildTechAsia2011 2011 International Building Technology Expo Interior Decor Retrofitting Expo New Materials for Building Construction H I EleMech AlO/i Electrical Mechanical Engineering 1 «.i II J w a 3 voT 27-29 APRIL 2011 r t- _r 4 f K97 words
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Advertisement152 2010-03-12 7 J m r j r Risk matters... If you think there is more to risk management than diversification, If you think VaR limits are not enough to protect against downside risk, If you think that the promise of mean reversion is no excuse for inertia, Then we ought to talk.152 words
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SINGAPORE MARKETS
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Article, Illustration573 2010-03-12 8 R SIVANITHY - Broad market sees mixed session; Hang Seng Index again instrumental in setting direction for local bourse STOCKS R SIVANITHY Senior Correspondent THANKS to Jardine Matheson and the three banks, the Straits Times Index managed a fifth rise yesterday in what was actually a mixedSource: Bloomberg - 573 words
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Article66 2010-03-12 8 Mar 11 VALUE CLOSE BT OB/OS 359.00 +84.00 BT CADI -*****.00 -3.00 BT 10-day MA -*****.00 +36.00 FTSE ST Mid Cap 695.47 +1.36 FTSE ST Small Cap 545.57 -0.44 FTSE ST All Share 709.56 +2.46 FTSE ST China Top 281.71 -1.67 FTSE ST China 298.92 -0.12 FTSE66 words
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Article186 2010-03-12 8 MAIN SDQ TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 7 7 3 0 0 0 7 7 3 Manufacturing 59 52 77 1 9 12 60 61 89 Commerce 17 18 26 0 5 4 17 23 30 Tpt/Stor/Comms 15 16 10186 words
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BROKERS’ TAKE
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Article, Illustration405 2010-03-12 8 Swing Technology Group Limited March 11 close: $0.055 DMG RESEARCH, March 11 WITH Swing Media announcing that its tie-up with PetroChina to venture into the solar industry has been on track, we opine that the company’s strategy of branching out of its core optical media manufacturing businessSource: Bloomberg - 405 words
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Article536 2010-03-12 8 JOYCE HOOI - Compiled by JOYCE HOOI Holdings March 11 close: $0.155 OCBC INVESTMENT RESEARCH, March 11 MARKET research firm iSuppli recently projected for the global electronics contract manufacturing industry to rise by 7.8 per cent in 2010, following a painful 13.4 per cent decline in the previous year. We536 words
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Article121 2010-03-12 8 TURNOVER (‘000) VALUE (‘000) MAIN SDQ TOTAL MAIN SDQ TOTAL Multi Ind 13,195 13,195 61,003 61,003 Manufacturing 426,289 27,518 453,807 239,274 840 240,114 Commerce 81,482 11,931 93,413 130,168 4,309 134,477 Tpt/Stor/Comms 98,734 1,403 100,137 194,417 305 194,722 Finance 32,134 32,134 230,142 230,142 Construction 27,588 10,785 38,373 10,294121 words
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Article115 2010-03-12 8 Stock name Close Change CapitaLand 3.890 -0.020 CapitaMall 1.860 -0.010 CityDev 10.320 +0.100 ComfortDelGro 1.550 +0.010 Cosco Corp 1.260 -0.010 DBS Grp 14.180 +0.080 F&N 4.470 +0.030 Genting SP 0.925 -0.015 Golden Agri 0.580 -0.015 HK Land 4.900 +0.020 JMH 32.980 +0.700 JSH 19.100 +0.200 Jardine115 words
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Article, Illustration526 2010-03-12 8 CURRENCIES Reuters [LONDON] The yen rose against the US dollar and the euro yesterday as investors pared back risky positions after strong Chinese data fuelled expectations that Beijing will take further steps to tighten monetary policy. The yen rebounded from a two-week low againstReuters; REUTERS - 526 words
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Article58 2010-03-12 8 VOLUME Genting SP 109,754,000 Golden Agri 108,397,000 Eastgate Tech 77,090,000 Yangzijiang 36,334,000 Sinotel Tech 32,954,000 Ying Li 28,430,000 Otto Marine 26,739,000 Scintronix 25,137,000 Swiber 24,705,000 Healthway 24,323,000 VALUE($) Genting SP 103,104,275 UOB 73,866,546 DBS Grp 73,065,784 Golden Agri 63,253,165 SingTel 61,742,339 Noble Grp 52,176,966 SIA 46,743,974 OCBC58 words
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Article114 2010-03-12 8 BY CENTS CLOSE UP DBXT Nifty 10US$ ***** 478.1 3.1 DBXT DJE50 10US$ 4151 234.9 4.2 JMH 3298 97.9 2.2 DBXT MSEurope 10US$ 4187 93.7 1.6 DBXT FTVietnam 10US$ 4604 85.3 1.3 Lyxor Nasdaq100 10US 769 39.1 3.8 UOB 1852 34.0 1.9 JSH 1910 28.0 1.1 OCBC Bk 4.5%NCPS114 words
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Article121 2010-03-12 8 BY CENTS CLOSE DOWN GLD 10US$ *****-227.9 -1.5 OUE 1114 -66.0 -5.6 DBXT S&P Short 10US$ 5232 -29.4 -0.4 DBXT MSKorea 10US$ 4722 -28.0 -0.4 Lyxor China H 10US$ 1568 -22.4 -1.0 SIA 1572 -22.0 -1.4 SIA 200 1568 -22.0 -1.4 Wilmar.ES.1003 674 -14.0 -2.0 OCC 5.1% NCPS 100121 words
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Article87 2010-03-12 8 Where S$ stands Mar 11 CHNG YR 2010 CLOSE FR Mar 10 S$ LOW S$ HIGH US$ 1.3979 0.07 1.4219 1.3869 Euro 1.9086 -0.45 2.0153 1.8959 Pounds 2.1036 -0.89 2.2776 2.0848 A$ 1.2808 0.04 1.2923 1.2276 Yen* 1.5452 0.26 1.5927 1.5027 Rupiah* 0.***** 0.29 0.***** 0.***** Baht* 4.2756 0.1687 words
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Advertisement444 2010-03-12 9 BRUNEI DARUSSALAM THE BRUNEI ECONOMIC DEVELOPMENT BOARD Transformation of Brunei International Airport OPEN INVITATION FOR EXPRESSIONS OF INTEREST REQUEST FOR PRE-QUALIFICATION QUESTIONNAIRE TENDER REFERENCE NO:TC 1 0 03 00 The Brunei Economic Development Board (BEDB) has been directed to implement a project for the Refurbishment and Upgrading of Brunei International444 words
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Advertisement11 2010-03-12 9 I i- 'im 1 .Wvu Lav-V, TO CSfO' IORGIO ARMANI Singapore11 words
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SINGAPORE NEWS
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416 2010-03-12 10 JOYCE HOOI - Most however say that it made no difference; 7% say they are less loyal By JOYCE JOYCE HOOI SOMETHING good might have come out of the recession, after all. According to the latest Kelly Global Workforce Index, 29 per cent of Singapore-based416 words
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Article, Illustration635 2010-03-12 10 GEORGE JOSEPH - By GEORGE JOSEPH THE United Kingdom will grow more rapidly than other European economies this year and is unlikely to slip into the double dip recession feared by many economists. And while not overly bullish about it, this summarises theYEN MENG JIIN - 635 words
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330 2010-03-12 10 FELDA CHAY - By FELDA CHAY THE proposed recommendations from the Monetary Authority of Singapore (MAS) to tighten regulations on the sale and marketing of investment products to retail investors are laudable, but may lead to fewer product options for these investors, industry players said at a forum330 words
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220 2010-03-12 10 THE Competition Commission of Singapore (CCS) issued a Proposed Infringement Decision (PID) against 14 electrical and building companies yesterday. The companies were found to have infringed Section 34 of the Competition Act, which prohibits bid rigging or collusive tendering. Investigations by the CCS220 words
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264 2010-03-12 10 CANCER researcher Marissa Teo has become the first Singaporean to receive the Unesco-L’Oréal international fellowship award for women in science. Dr Teo, a research fellow in the Department of Medical Oncology at Singapore’s National Cancer Centre, accepted her award at an event on March 3264 words
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589 2010-03-12 11 CHUANG PECK MING - Worker to be paid $4,500-$10,000 if he is not offered re-employment after he turns 62 YESTERDAY IN PARLIAMENT By CHUANG PECK MING AN employer must pay a worker between $4,500 and $10,000 if he can’t offer him re-employment after the worker has turned 62, says589 words
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331 2010-03-12 11 UMA SHANKARI - By UMA SHANKARI MANPOWER Minister Gan Kim Yong announced changes to the CPF system yesterday in parliament. Currently, monies in excess of $30,000 in the special account can be invested under the CPF Investment Scheme (CPFIS). But this threshold will be raised to331 words
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335 2010-03-12 11 FREEING up the legal services sector has been good for Singapore and for the profession as a whole, according to Law Minister K Shanmugam. Responding to queries from Members of Parliament led by Alvin Yeo (Hong Kah), he said that the legal services335 words
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Article, Illustration492 2010-03-12 11 CHUANG PECK MING - By CHUANG PECK MING NEW moves were unveiled yesterday to beef up worker training including steps to widen choices and boost trainers’ expertise to take continuing education and training (CET) to the next level. Elaborating on the government’s $2.5YEN MENG JIIN - 492 words
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680 2010-03-12 11 VEN SREENIVASAN - By VEN SREENIVASAN THE Budget Terminal (BT) at Changi Airport has already been expanded to cater to seven million passengers compared with 2.7 million when it was originally built and there are no plans for further expansion until capacity at the other three680 words
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394 2010-03-12 11 Proposals include shrinking GRC size, more SMCs, NCMPs THE government yesterday moved to get the greenlight from Parliament to make several changes to the political system before the next General Election, due by February 2012. The proposed changes, unveiled by Prime Minister394 words
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Advertisement2717 2010-03-12 10 w BEATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF DC OUTSOURCING SINGAPORE PRIVATE LIMITED (In members' Voluntary Liquidation) Reg. No. *****9394G NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the above named Company duly convened and2,717 words
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Advertisement157 2010-03-12 11 ::o t>L INVESTMENT /JV OPPORTUNITY 500 HA OF PRIME BEACH FRONT DEVELOPMENT LAND ON AN ISLAND 70 N.M. FROM SINGAPORE. PRISTINE WATER. APPROVED FOR RESORT CHALETS HOTELS VILLAS LEISURE DEVELOPMENTS. ENQUIRIES: MS CHUA 8163 2223 NEW LAUNCH 76 SHENTON WAY •39 STY-202 UNITS OF 1 2 Bdrms Prestigious address 7157 words
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ECONOMY WATCH
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Article, Illustration586 2010-03-12 12 New rules could curb ability of US funds to do business with Europe AFP Reuters [LONDON] US Treasury Secretary Timothy Geithner has warned the European Commission that its plans to regulate hedge funds and private equity groups could spark a transatlantic row, aAFP; Reuters; BLOOMBERG - 586 words
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Article, Illustration499 2010-03-12 12 Reuters [TOKYO] Japan’s economy grew less than initially estimated in the fourth quarter and a broad gauge of price trends posted the biggest negative reading on record, adding to pressure on the Bank of Japan (BOJ) to ease monetary policy further next week.Reuters - 499 words
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527 2010-03-12 12 Reuters [LONDON] A distinct lack of momentum will drag on the rich world’s economic recovery this year, according to a survey in which economists largely bucked a recent trend of rising forecasts. Median forecasts from the survey of around 250 economists by Reuters showedReuters - 527 words
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Advertisement1145 2010-03-12 12 adv JAPAN LAND JAPAN LAND LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. :*****7417K) ANNOUNCEMENT NOTICE OF EXPIRY OF WARRANTS TO ALL HOLDERS OF WARRANTS TO SUBSCRIBE FOR NEW SHARES IN JAPAN LAND LIMITED (THE "COMPANY") THIS NOTICE IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION If you are1,145 words
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Advertisement602 2010-03-12 12 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF AMIN CAPITAL PTE. LTD. Company Registration No. *****1002E (Members' Voluntary Liquidation) At an Extraordinary General Meeting of the Members of AMIN CAPITAL PTE. LTD., duly convened and held on 05 March 2010 the following were duly602 words
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MALAYSIA/INDONESIA
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548 2010-03-12 13 S JAYASANKARAN - First peek slated for March 30, more substantive bits in middle of the year By S JAYASANKARAN PRIME Minister Najib Razak said yesterday that the much-awaited New Economic Model, which is intended to transform the country’s economy, will be announced in two stages. It548 words
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Article291 2010-03-12 13 AFP [KUALA LUMPUR] Malaysia said yesterday that negotiations towards a bilateral trade pact with the United States have been shelved and it is now considering joining a regional deal promoted by the US. Prime Minister Najib Razak said Washington had “put on the backAFP - 291 words
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174 2010-03-12 13 Bloomberg [SINGAPORE] Malaysia’s industrial production climbed for a second month in January, underscoring an economic recovery that has led the central bank to raise interest rates ahead of most other Asian nations. Production at factories, utilities and mines rose 12.7 per cent fromBloomberg - 174 words
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Article, Illustration466 2010-03-12 13 AFP [SYDNEY] Indonesia’s leader yesterday criticised Australia’s tough travel warnings as he urged business leaders to forge closer trade links between the two countries. President Susilo Bambang Yudhoyono made the comments a day after he reminded Australians that Indonesia was “more than aAFP; REUTERS - 466 words
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Advertisement207 2010-03-12 13 BEATS P NOTICES IMOTICE NOTICE IS HEREBY given that the 14 th Annual General Meeting of the NTUC INCOME CAR CO-OPERATIVE LIMITED will be held on 29 March 2010 at 6.00pm at Room 2F, 75 Bras Basah Road, Singapore *****7 to transact the following business: AGENDA 1. To confirm the207 words
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Advertisement70 2010-03-12 13 I I A rXf*. m >. i \V i \L 19,000sqft/ Spacious Road 11 .OOOsqft Living Space ■Sumptuous interiors with Luxury Bathrooms Private Pool and Pavilion Fully furnished with Designer's furniture •Car park spacious for 16 cars Designed by award-winning firm K2LD Modern accents reflected throughout Large Professional Eguipped Kitchen70 words
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Advertisement323 2010-03-12 13 www.itshow.com.sg 14* MARCH 2010 Suntec Singapore Levels 0, Q, 0, Q Q 12 noon 9 pm Daily FREE ADMISSION I.T DIGITAL MOBILE CONSUMER ELECTRONICS EXHIBITION IN SINGAPORE i j5Jl NOW DIM! Plus Win 1st Prize Of S$20 9 000 CASH And Other Cash Prizes (One coupon for every $100 paid323 words
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GREATER CHINA/INDIA
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Article, Illustration781 2010-03-12 14 Economists expect third increase in bank reserve ratio to be imminent Reuters [BEIJING] Consumer inflation spurted to a 16-month high in February and a raft of economic data displayed broad-based strength, providing fresh arguments for policy tightening sooner rather than later. The paceReuters; AFP - 781 words
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317 2010-03-12 14 Bloomberg [MUMBAI] Indian billionaire Anil Ambani’s venture fund plans to invest in areas including so-called clean technologies as it doubles investments over the next three years. Reliance Venture Asset Management Ltd, which has invested about US$100 million in 11 companies, sees opportunities in aerospace, mediaBloomberg - 317 words
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Article, Illustration614 2010-03-12 14 Reuters [HONG KONG] Foreign investment in south China is expected to fall 4.9 per cent this year, with firms facing the challenge of labour shortages and rising wages, according to a survey by the region’s American business chamber. Total investment in theReuters; REUTERS - 614 words
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589 2010-03-12 14 AFP [BEIJING] All signs are pointing to an appreciation of China’s currency, perhaps even by mid-year, analysts say, after a cryptic hint from the nation’s central bank governor and a limited jump in the yuan’s value. The United States and theAFP - 589 words
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Advertisement3 2010-03-12 14 taws® SBtSl vtfWW.r"adio913.com3 words
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Advertisement42 2010-03-12 14 tabla! THE HEARTBEAT OF THE INDIAN COMMUNITY Funny guys Brown is the new funny, thanks to Indian stand-up comedians like Russell Peters and Vir Das (right) IPL OPENS ITS 2010 INNINGS GET YOUR COPY TODAY FROM ALL 7-ELEVEN OUTLETS WHILE STOCKS LAST42 words
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ASIA-PACIFIC/WORLD
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Article, Illustration504 2010-03-12 15 Red Knights aiming to raise £1b to take over at Old Trafford from Glazers AFP [LONDON] Japanese bank Nomura announced yesterday that it was advising the “Red Knights” about a potential acquisition of Manchester United amid growing supporter unrest over its ownershipAFP; AP - 504 words
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494 2010-03-12 15 Reuters [BANGKOK] Thanachart Bank, 49 per cent owned by Canada’s Nova Scotia Bank, has agreed to pay US$1 billion for a 47.6 per cent stake in Siam City Bank (SCIB) in Thailand’s biggest acquisition in four years. Thanachart said yesterday that it wouldReuters - 494 words
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326 2010-03-12 15 Reuters [SEOUL] The South Korean bourse yesterday approved an estimated US$4 billion IPO by leading life insurer Samsung Life Insurance, paving the way for what is likely to be the country’s biggest share float in May. The offering by Samsung Life,Reuters - 326 words
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Article, Illustration443 2010-03-12 15 It aims to lure gamers who have outgrown Nintendo AP [TOKYO] Sony has a new message for Nintendo Wii gamers: Come join us. The Japanese maker of the PlayStation 3 yesterday unveiled its highly anticipated motion controlling system, as it takes aim at Nintendo’s dominanceAP; AFP - 443 words
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562 2010-03-12 15 LEE U-WEN - By LEE U-WEN [SINGAPORE] One by one, more countries are advising its citizens to postpone all non-essential travel to Bangkok as the Thai capital prepares for quite possibly its largest-ever political protest rally this weekend. Australia became the latest nation to issue a travel562 words
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364 2010-03-12 15 LATEST US DATA Reuters [WASHINGTON] The number of US workers filing new applications for unemployment benefits fell slightly less than expected last week, hinting at a slow labour market recovery. Initial claims for state unemployment benefits slipped 6,000 to a seasonally adjusted 462,000Reuters - 364 words
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WORLD
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Article, Illustration748 2010-03-12 16 Defining foray of world’s richest man is turning Telmex into a cash machine Reuters AFP [MEXICO CITY] Mexican tycoon Carlos Slim, who has knocked Americans from the top of the Forbes list of the world’s billionaires, is famed for his lack of ostentationReuters; AFP; XINHUA - 748 words
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356 2010-03-12 16 AP [SAN JOSE, California] The sudden takedown of an Internet provider thought to be helping spread one of the most promiscuous pieces of malicious software out there appears to have cut off criminals from potentially millions of personal computers under their control. But the victoryAP - 356 words
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532 2010-03-12 16 AP Bloomberg [GENEVA] Information on 24,000 HSBC customers with Swiss accounts has been stolen, the British bank said yesterday, potentially exposing large numbers of international clients to prosecution by tax authorities in their home countries. The bank said that a former IT employee ofAP; Bloomberg - 532 words
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742 2010-03-12 17 New agency to give regulators daily updates on stability of firms, partners NYT [WASHINGTON] US Senate Banking Committee members have agreed to include in their regulatory overhaul bill a new Office of Research and Analysis that would provide early warnings of possibleNYT - 742 words
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501 2010-03-12 17 Supervision of non-bank financial institutions under scrutiny by Senate AP [WASHINGTON] The Federal Reserve could emerge from a congressional overhaul of banking rules as the top cop over America’s largest financial institutions. Senate negotiators are considering giving the Fed the authority toAP - 501 words
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395 2010-03-12 17 Reuters [LONDON] Oil major BP has agreed to buy Brazilian, Azeri and Gulf of Mexico assets from Devon Energy for US$7 billion, as the US producer refocuses on onshore US fields. The companies said yesterday that BP has also agreed to sellReuters - 395 words
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Article, Illustration72 2010-03-12 17 [LYON] Artist Benjamin Vautier posing next to one of his art works at his exhibition “Strip-tease integral” at the Museum of Modern Art in Lyon. The exhibition, which began on March 3, will run until July 11. Vautier, known simply as Ben, is a French artist. Born inREUTERS - 72 words
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402 2010-03-12 17 Reuters [DUBAI] Oil major Royal Dutch Shell has stopped petrol sales to Iran, oil traders said on Wednesday, the latest addition to a growing list of firms that have halted supplies under threat of future US sanctions. The Anglo-Dutch oil firm will joinReuters - 402 words
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388 2010-03-12 17 Reuters [WASHINGTON] The US Senate on Wednesday passed a US$149 billion package of jobless aid and tax breaks, as Democrats continued efforts to lower the 9.7 per cent unemployment rate before congressional elections in November. The measure, approved by a vote of 62Reuters - 388 words
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Page 16 Advertisements
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Advertisement202 2010-03-12 16 WINE DINE AND HOSPITALITY C r o a ft m //M& ■t.. Liftjour spirit on Sundays. Reserve your Sunday for an exciting treat of fresh seafood and foie gras. With Louis Roederer Champagne as accompaniment, you can toast the week with friends and family whilst you unwind. Children can join202 words
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Page 17 Advertisements
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Advertisement59 2010-03-12 17 MATS RECRUIT r A successful marine engineering company i invites applications for the following position: Financial Controller Requirements: Degree in Accountancy/Business Administration Minimum 5-10 yrs experience in procurement, cost management and general accounting, preferably in the engineering/construction industry Interested applicants are invited to email full resume, stating expected salary and59 words
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EDITORIAL & OPINION
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Article522 2010-03-12 18 EDITORIAL INTEREST rates have been trending downwards over the last two to three decades, but today’s ultra low rates a paltry 0.1 per cent for savings accounts are a particular challenge. Conventional wisdom has it that when the risk-free rate is low, investors522 words
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823 2010-03-12 18 BILL FISCHER - THE BOTTOM LINE By BILL FISCHER The writer is professor of technology management at IMD business school in Switzerland. He directs IMD’s Mastering Innovation Globally programme FOR at least two decades, Toyota has been the benchmark in manufacturing. For automobiles, of course,823 words
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Article, Illustration1319 2010-03-12 18 YOGI AGGARWAL - Civil rights bodies raise concern over huge armed offensive against rebels YOGI AGGARWAL The writer is a Mumbai-based journalist who contributes regularly to BT. He was recently in Jharkhand THERE is a curse on the miner-al-rich areas of India. A curse because mineral resources encourageREUTERS - 1,319 words
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Article, Illustration1201 2010-03-12 19 MAX LOH - Companies need to take certain considerations into account before embarking on the listing process By MAX LOH The writer is assurance partner and Singapore IPO leader, Ernst Young LLP WHAT a difference a year makes! Seeking an initial public offering (IPO) wasYEN MENG JIIN - 1,201 words
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Article, Illustration864 2010-03-12 19 WILLIAM PESEK JR - WILLIAM PESEK JR The writer is a Bloomberg News columnist. The opinions expressed are his own JAPAN’S gangsters may remember 2010 as a banner year. That’s not how the vast majority of Japan’s 126 million people will see it. Deflation is accelerating, Japan864 words
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483 2010-03-12 19 Janet Tan - LETTERS TO THE EDITOR Janet Tan Executive director Institute of Certified Public Accountants of Singapore WE REFER to the article “How solid are audits by reputable firms?” by Teh Hooi Ling (BT, March 6) in which the writer suggested that the next accounting483 words
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627 2010-03-12 19 Stefanie Yuen Thio - Stefanie Yuen Thio I REFER to the article in The Business Times earlier this week relating to the future strategy of the Singapore Exchange (SGX), compared with the recent vision statement released by the Hong Kong Stock Exchange (HKSE). I agree627 words
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AVIATION/SHIPPING
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670 2010-03-12 20 VEN SREENIVASAN - Revision due to faster-than-expected recovery in Asia, Latin America By VEN SREENIVASAN A FASTER-than-expected recovery in demand in Asia and Latin America has led the International Air Transport Association (Iata) to halve its industry loss forecast for this year to US$2.8 billion from the670 words
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340 2010-03-12 20 VINCENT WEE - More cooperation needed to deal with piracy, robbery By VINCENT WEE THE 4th annual meeting of the region’s anti marine piracy council concluded yesterday with the governors expressing renewed concern over continuing incidents in the Gulf of Aden and off the coast of Somalia.340 words
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323 2010-03-12 20 Reuters [BERLIN] Deutsche Lufthansa expects its operating profit to improve this year as it cuts more costs and a fragile economic recovery starts to lift demand for air travel. But it warned that demand in Europe for expensive business class tickets which areReuters - 323 words
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Article281 2010-03-12 20 SGX '000 Mar 11 S$ +/-Vol CH Offshore 0.65 unch 1504 Chuan Hup Hldgs unch unch 0 Cosco Corp 1.26 -0.01 5137 CWT Ltd 1.01 -0.01 3942 Ezra Hldgs 2.44 0.01 2424 First Ship Lease 0.60 -0.01 678 Freight Links 0.05 unch 187 Grand Banks unch unch 0281 words
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Article, Illustration531 2010-03-12 20 Luxury seating omitted in some new orders; airline to upgrade business class Bloomberg Bernama [BERLIN] Qatar Airways, whose backlog of aircraft orders is the biggest of any carrier, will eliminate first-class cabins in some of the planes scheduled for delivery. Luxury seatingBloomberg; Bernama; BLOOMBERG - 531 words
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Article3011 2010-03-12 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 LO40323,011 words
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Page 20 Advertisements
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Advertisement162 2010-03-12 20 ASIAN FEEDER DISCUSSION GROUP (AFDG) SINGAPORE TO CHITTAGONG V.V. TRADE SECTOR NOTICE TO TRADE RATE RESTORATION The freight rate levels of the Singapore to Chittagong and vice versa trade sectors have deteriorated to an extent whereby it is now not sustainable. In order to enable feeder operators to continue to162 words
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SINGAPORE STOCKS
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Article9014 2010-03-12 21 Transaction date: Mar 11 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 16.5 16.5 17 1.7 11 5.3 79 10 2.5 5834 A-Sonic 7 unch 119,014 words
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Article1868 2010-03-12 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 t AA Grp 5.5 4.5 5.5 30.6 5.3 25 12 8538 t APStrategic 15.5 13.5 14.5 91.5 4 11,868 words
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Article9334 2010-03-12 22 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund!** 1.21/ APS Alpha Fund (USD)!** 0.87/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt S'pore Pte Ltd AXA WM -Talents Fund 0.7/ Aberdeen Asset Mgt Asia Limited American Opp 0.6537/ Asian Credit Fund 1.2425/ Asian9,334 words
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Article487 2010-03-12 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 $mil 111 107 6389 ABF SG Bond ETF 109.5 107.8 112 499.8 847 430 CIMBAsean40 100US$ US846 unch 80 847 846 846 848 33.8 298487 words
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Article77 2010-03-12 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 $mil 56 24 6000 AVJennings A47.5 +0.5 5 47.5 46 48 49 3.6 7.4 3.8 123.7 31 6 6017 Genting HK US$ US20 +0.5 190577 words
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FINANCE & COMMODITIES
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365 2010-03-12 23 In local curr In S$ In US$ dy yr dy yr dy yr Mar 10 Index Change Change Change Change Change Change World Index Preliminary 850.4 0.5 2.1 0.5 0.6 0.5 1.0 EAFE Preliminary 796.9 0.5 1.5 0.5 -1.6 0.6 -1.2 Europe Preliminary 1147.7 0.8365 words
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Article180 2010-03-12 23 Mar 11 $S Offer Bid Overnight 3/16 1/8 1-month 7/16 3/16 2-months 9/16 5/16 3-months 11/16 7/16 Overnight mode: 0.06 US$ 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 2010-03-12 23 Mar 11 S$ Bid Offer 1-month 1.3981 1.3996 2-months 1.3983 1.3998 3-months 1.3984 1.3999 6-months 1.3990 1.4004 Source: OCBC22 words
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Article132 2010-03-12 23 Mar 11 As at 9am Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2650 1.3020 Can dollar 1.3550 1.3710 Euro 1.8970 1.9180 NZ dollar 0.9690 0.9900 Sterling pound 2.0810 2.1040 US dollar 1.3910 1.4060 Local dollars to 100 units of foreign132 words
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Article29 2010-03-12 23 Mar 11 Open High Sett STI Mar 2852 2852 2868 SIMSCI Mar 340.4 342.5 342.3 Taiwan Mar 278.8 281.4 278.3 Source: MF Global (S) Pte. Ltd29 words
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Article66 2010-03-12 23 Mar 11 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Mar 10 2730 2692 2730 2685 373 415 Apr 10 2712 2672 2712 2665 1531 ***** May 10 2699 2660 2704 2652 ***** ***** Jun 10 2690 264266 words
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Article359 2010-03-12 23 Mar 11 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Mar10 99.7400 0 4768 Jun10 99.6200 0 4892 Sep10 99.4300 0 2760 Dec10 99.1350 0 2043 EUROYEN TIBOR FUTURES Mar10 99.5650 99.5650 99.5600 99.5650 200 5607 Jun10 99.6200 99.6250 99.6200 99.6250 200 2829 Sep10 99.6300 300 3012359 words
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Article183 2010-03-12 23 Mar 11 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Apr 10 329.0 329.0 329.0 30 666 May 10 326.0 325.0 326.0 70 672 Jun 10 325.0 325.0 325.0 20 780 Jul 10 324.5 60 380 Aug 10 321.0183 words
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Article80 2010-03-12 23 Mar 11 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****W 10.06.2010 0.38 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 5-Year N*****0N 1.375 01.10.2014 100.30 7-Year N*****0S 2.875 01.07.201580 words
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Article107 2010-03-12 23 Mar 10 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Mar 10 952.00 941.50 957.00 936.75 May 10 958.00 947.50 964.25 941.75 Jul 10 965.50 956.00 972.00 950.00 Aug 10 962.50 953.00 968.00 948.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Mar 10 40.69 39.97 40.70107 words
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Article77 2010-03-12 23 CRUDE OIL PRODUCTS Mar 10 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 81.36 1.39 WTI (Near Mth) 81.91 0.62 Dubai (1-Mth F) 78.49 0.36 Tapis blend 83.90 0.50 Minas 81.80 0.50 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 80.00 0.94 Jet Kerosene 87.30 0.10 US$/barrel Opec Oil77 words
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2505 2010-03-12 23 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Tel Last Vol Conv Exer Disc Gear-Mths Code Company Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 2.5 1 15 13 6.20 50 4085 ASJ Hldgs W*****1 2 0.5 131 1 4 20 2.50 23 2036 Advance SCT Ltd W*****9 0.5 1 872,505 words
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Article481 2010-03-12 23 Mar 11 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.939 6.249 0.671 7.102 41.671 84.139 0.828 10.376 3.039 1.309 77.214 41.605 1.280 6.817 0.981 29.101 29.914 0.612 0.915 Canada 1.064 6.652481 words
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Article85 2010-03-12 23 Mar 11 (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$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths85 words
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Article154 2010-03-12 23 Mar 11 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2793 1.2813 0.9151 0.9156 Canadian dollar 1.3618 1.3638 0.9741 0.9746 Euro 1.9053 1.9079 1.3629 1.3634 NZ dollar 0.9769 0.9786 0.6988 0.6993 Sterling pound 2.0920 2.0945 1.4964 1.4967154 words
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Article138 2010-03-12 23 Mar 11 GOLD (US$/oz) Mar 11 Mar 10 Hong Kong 1108.90 1124.10 Mar 10 Mar 09 London 1123.95 1116.15 1124.95 1116.95 Source: Thomson Reuters CAST BAR Mar 11 (S$) Selling Buying Kilobar "53,628.40" ***** PAMP GOLD BARS (S$) Selling Buying 1gm 119.84 50 5gm 341.33 250 10gm 608.83138 words
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Article69 2010-03-12 23 Mar 10 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2201.90 2227.75 3 months 2232.00 2258.00 Copper, Grade A (US$/tonne) Cash 7406.25 7475.25 3 months 7440.00 7510.00 Lead (US$/tonne) Cash 2262.75 2218.25 3 months 2289.00 2245.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.0069 words
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Article77 2010-03-12 23 Mar 10 COCOA (£/tonne) Close Prev High/Low Mar 10 2178 2127 2185/2108 May 10 2206 2151 2209/2130 Jul 10 2198 2147 2203/2131 Sep 10 2161 2118 2164/2100 COFFEE (US$/tonne) Close Pev High/Low Mar 10 1208 1219 1215/1206 May 10 1233 1245 1252/1231 Jul 10 1267 1280 1285/1266 SUGAR (US77 words
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6440 2010-03-12 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.6,440 words
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Page 24 Advertisements
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Advertisement28 2010-03-12 24 Shipping lines seeking reliable logistics partners TO ADVERTISE, CALI IOE WONG AT 9620 1 Can they find your services Here in -the Shipping THE BUSIMESS TIIVIES SHIPPING TIIVIES28 words
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Page 25 Advertisements
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Advertisement29 2010-03-12 25 W< THE BUSINESS TIIN/IES SHIPPING TI IVIES Legal services required by shippers owners TO ADVERTISE, CALL JOE WONG AT Can they find your services here in the Shipping Times?29 words
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executive lifestyle
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570 2010-03-12 26 jaime ee - Wayang No Enough the show goes on off the cuff jaime ee GOOD evening, ladies and gentlemen, aunties and uncles. The Oscars may be over, but here in Singapore, the show has only just begun. Welcome to what we in the local vernacular call The Wayang Awards, where we honour570 words
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Article, Illustration1854 2010-03-12 26 MELISSA LWEE - Marina Bay Sands signs on Pangaea and Avalon, whose founders will be relocating to S’pore to run the operations, reports MELISSA LWEE MELISSA LWEE RESORTS World Sentosa (RWS) may have its rollercoasters and magic kingdoms but when the self-styled shrine to Las Vegas glamour Marina1,854 words
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FESTIVALS AROUND THE WORLD
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Article, Illustration1291 2010-03-12 27 ANIS TAUFIK - ANIS TAUFIK reflects on the significance of Hina Matsuri, or ‘Doll Festival’, for Japanese girls ANIS TAUFIK Anis Taufik is a freelance writer based in Tokyo WALKING through Tokyo in early March, you can’t help but notice that there’s a change in the air notPHOTOS BY ANIS TAUFIK - 1,291 words
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CINEMA
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Article, Illustration645 2010-03-12 28 GEOFFREY EU - Green Zone is an overtly political work with an anti-establishment point of view, says GEOFFREY EU GEOFFREY EU WITH The Hurt Locker still basking in the warm afterglow of Oscar night glory, a new film about the war in Iraq is bound to raise certain645 words
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Article610 2010-03-12 28 CLARISSA TAN - By CLARISSA TAN THE most interesting thing about the French movie LOL an insipid vehicle starring Sophie Marceau is the hairstyles of the teenage male characters. Mon dieu, is this what chic Parisian young men are now sporting? Nesty, intricately side-burned coiffures that look like they610 words
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Article, Illustration409 2010-03-12 28 CHRISTOPHER LIM - DVD REVIEW By CHRISTOPHER CHRISTOPHER LIM THERE are some movies, like books, that are nice reminders of life’s priorities and passions. Julie Julia falls into this category since it’s a movie based on a book about a blog that, in turn, is based on a cookbook.409 words
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Article, Illustration503 2010-03-12 28 GEOFFREY EU - By GEOFFREY EU IT’S only March, and chances are that the rest of the cinematic year will yield something worse than Cop Out, a criminally bad bud-dy-comedy with genre roots that can be traced back to Laurel and Hardy but that wouldBLOOMBERG - 503 words
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MUSIC/GAMING
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Article, Illustration658 2010-03-12 29 CHRISTOPHER LIM - Melody Gardot and Kings Of Convenience love being put on the spot, reports CHRISTOPHER LIM CHRISTOPHER LIM JAZZ singer Melody Gardot might not seem like she has a great deal in common with Norwegian indie pop duo Kings Of Convenience, but both of them share a658 words
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Article, Illustration538 2010-03-12 29 CHRISTOPHER LIM - CD REVIEW By CHRISTOPHER LIM ONE look at the back cover of Malaysian violinist Dennis Lau’s debut album, Diversify, and you might assume that he’s trying to sell sex appeal, but it turns out that it was his stylist’s idea. “It wasn’t even my538 words
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Article, Illustration520 2010-03-12 29 CHRISTOPHER LIM - By CHRISTOPHER LIM THERE are few games that truly deserve Mature ratings to keep them out of the hands of children. Mass Effect certainly isn’t one of them. But parents should keep Dante’s Inferno far away from anyone under 16. Its plot is very520 words
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Article, Illustration511 2010-03-12 29 CHRISTOPHER LIM - By CHRISTOPHER LIM IT isn’t fashionable to like Kitaro’s music any more than it’s cool to be a fan of saxophonist Kenny G or pop group Air Supply. But the Grammy-win-ning Japanese musician’s work has stood the test of time remarkably well, and he has alsoFILE PHOTO; REUTERS - 511 words
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PROFILE/ARTS
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Article, Illustration879 2010-03-12 30 CLARISSA TAN - Efren Penaflorida, the ‘pushcart educator’ who is CNN’s Hero of the Year, remains unassuming even as he now gets marriage proposals on Facebook, reports CLARISSA TAN CLARISSA TAN AS A kid, Efren Penaflorida was bullied on the streets of Cavite, where he grew up next toCOLLEZIONE C2 JOAN BITAGCOL; UBS - 879 words
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Article, Illustration547 2010-03-12 30 CHEAH UI-HOON - By CHEAH UI-HOON WOMEN often wonder what would men be without them? Then again, what would women be without men? A female playwright took a down-to-earth view of the “women without men” situation in her new play, wo(men), which raised the curtain on547 words
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Article, Illustration894 2010-03-12 30 MADHVI SUBRAHMANIAN - By MADHVI SUBRAHMANIAN GIVEN Singapore’s squeaky-clean to the point of being sterile image, most people would not expect to see graffiti here, much less graffiti art. Notwithstanding SingPost’s much derided publicity stunt where its mailboxes were “mysteriously” defaced and subsequently replaced with “proper” graffiti art, this894 words
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WINE/ARTS
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Article, Illustration1146 2010-03-12 31 N K YONG - This year’s World Gourmet Summit promises a line-up of exciting, not-to-be-missed events, says N K YONG N K YONG THIS preview of World Gourmet Summit Singapore 2010 is a month earlier than usual so that readers are given sufficiently early notice of forthcoming wine events1,146 words
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Article, Illustration552 2010-03-12 31 MELISSA QUEK - By MELISSA QUEK FOR years, Singaporean choreographers have grappled with the question of identity and how it is situated within the concept of what it means to be Asian. These issues have been compounded by three young choreographers from T.H.E Contemporary Dance Company. In keeping with552 words
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Page 26 Advertisements
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Advertisement7 2010-03-12 26 PROFILE Using sheer wheel power PAGE 307 words
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Page 27 Advertisements
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Advertisement141 2010-03-12 27 Three distinctive brands. One residence you can call home. ASCOTT THE RESIDENCE Ascott celebrates diversity. Catering to individual tastes, lifestyle preferences and business demands, Ascott offers three distinctive brands Ascott The Residence, Somerset Serviced Residence and Citadines Apart'hotel in over 60 cities across 22 countries. Whether you are a business141 words
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Advertisement12 2010-03-12 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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Advertisement185 2010-03-12 28 Howto run a business without running out of ideas. THE MAGAZINE Daughters off a better age Replicating Aid SMEt might fly SPRiNG II HII March-April Issue Out Now! Can SHE do better? With women getting equal education opportunities, we feature daughters who are proving themselves competent enough to take upthe185 words
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Advertisement21 2010-03-12 28 www.omy.sg wtfm vl J J2jy.il JMS-DM rulluw iim kii^ni Latest News Discussion Polls Live Twitter Feed Jack Neo 9 s Blog21 words
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Page 31 Advertisements
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Advertisement22 2010-03-12 31 HOT IPO Attract more interest from investors. Place your IPO notice in our newspapers. Call 1800 289 8822 or email noticesd>sph.com.sg. WATfl22 words
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Advertisement222 2010-03-12 31 MATH RECRUIT BUY IT-SELL IT-FIND IT WORLD'S LARGEST INTERNET BROADCASTING PLATFORM Market Business Development Manager (Singapore-based) Our client, headquartered in the Silicon valley, owns and operates the world's largest internet audio broadcasting platform which enables thousands of companies, professionals and hobbyists to operate their own radio stations. we seek a222 words
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Page 31 Miscellaneous
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Miscellaneous336 2010-03-12 31 Across 1 Stick tiny quantity of water on sweet (7) 5 Right away hit song was remixed (2,5) 9 Liberal about to include gentleman retiring as workers’ champion (9) 10 Full of subject-matter or beef perhaps (5) 11 Many grew old behind bars (5) 12 About fifteen in charge included336 words
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Page 32 Advertisements
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Advertisement255 2010-03-12 32 It s Hot Because it's just a heartbeat from Orchard Road and you are in the thick of it. It's Cool Imaginatively designed for the urban elite, with a certain panache that makes you stand apart. It's Mesmerizing A multi-faceted sculpture by day, a lyrical and dazzling work of art255 words
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