The Business Times, 23 April 2010

Lock icon This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.

Total Pages: 32
1 32 The Business Times
  • 23 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|£l A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 123/08/2009 Friday, April 23,2010
    23 words
  • 687 1  -  European currency hit as credit default swaps for Greece, Spain and Portugal climb By CHEW XIANG [SINGAPORE] Now could be the time to book that week on the Italian Riviera or a ticket to the famed Bayreuth festival: the euro fell to a seven-year
    Source: Bloomberg  -  687 words
  • 513 1  -  By MICHELLE QUAH [SINGAPORE] Singapore could be looking at its largest listing to date if reports prove true that British insurance giant Prudential is considering a secondary listing of its shares here. The Financial Times (FT) reported yesterday that Prudential is
    513 words
  • 141 1 ST INDEX 2,980.69 (+13.04) ST INDEX FUTURES 2,965.00 (+14.00) SIMSCI 355.73 (+1.28) SIMSCI FUTURES 353.40 (+1.10) FOREX US$ S$ US$ (S$ per US$) 1.371 (US$/S$ per 1.543 2.115 EURO (US$/S$/E) 1.342 1.839 Foreign currency per US$ S$ YEN 93.10 67.90 RM 3.196 2.331 HK$ 7.762 5.663 BAHT 32.20
    141 words
  • Page 1 Advertisements
    • 194 1 EXECUTIVE LIFESTYLE Thriving holiday business PAGE 26 HOCK LOCK SIEW DBS hits the pedal with new boss at the wheel PAGE 5 WINE Blind tasting: A lesson in humility PAGE 31 FESTIVALS Wet and wild start to Thai New Year PAGE 27 HUBLOT GENEVE (J ,1 Wa i i S
      194 words

  • TOP STORIES
    • THREE-MINUTE DIGEST
      • 62 2 THE euro fell to a seven-year low against the Singapore dollar yesterday, trading at 1.833 at 5.30pm, and is banging on the trapdoors against most major currencies. The Sing dollar is at its highest against the euro since January 2003 and yesterday also hit
        62 words
      • 67 2 SINGAPORE could be looking at its largest listing to date if reports prove true that British insurance giant Prudential is considering a secondary listing of its shares here. The Financial Times reported yesterday that Prudential is lining up a secondary listing
        67 words
      • 68 2 TIGHTER regulation of hedge funds here could be on the cards, after the Monetary Authority of Singapore said yesterday that it would review its rules for the fund management industry. In particular, a coveted exemption from making quarterly reports to the regulator
        68 words
      • 54 2 AFTER years of cherry-picking China growth companies, private equity firm CMIA Capital Partners is now hoping to add Singapore companies into its basket. The fund manager is expanding its geographical mandate to sniff out opportunities in Singapore’s small and medium enterprise space.
        54 words
      • 67 2 DESPITE a near 17 per cent fall in group revenue, Keppel Corp posted a 12.9 per cent year-on-year increase in first-quarter net profit from $285.3 million to $322 million, driven by stellar margins. The group’s earnings per share for the three months ended
        67 words
      • 49 2 MAPLETREE Logistics Trust yesterday reported an 8 per cent climb in first-quarter distributable income to $30.8 million from $28.6 million a year earlier. Distribution per unit rose 2 per cent to 1.5 cents from 1.47 cents a year ago. COMPANY NEWS, PAGE 7
        49 words
      • 56 2 DEVELOPERS looking to grab a slice of the hospitality pie can now apply for a hotel site at Robertson Quay. The Urban Redevelopment Authority released detailed sale conditions for the 99-year leasehold plot yesterday. The 0.45 hectare site can yield an estimated 350
        56 words
      • 96 2 WITH the European Union looking to begin talks on individual trade deals with Asean countries such as Thailand and Vietnam, the Singapore government is hoping that its own free trade agreement negotiations with the EU would act as a good model. The
        96 words
      • 45 2 THE United States and China have announced new anti-dumping steps against each other over aluminium, nylon and optical fibre, possibly reviving strains over trade and currency that had eased in recent weeks. GREATER CHINA/INDIA, PAGE 14
        45 words
    • 902 2 US faces repeat of crisis without new rules to rein in industry, he warns Reuters [WASHINGTON] US President Barack Obama scolded Wall Street yesterday for risk-taking that led to the financial crisis and urged the banking industry to stop its “furious efforts”
      Reuters; AFP  -  902 words
    • 571 2  -  By JAMIE LEE [SINGAPORE] Tighter regulation of hedge funds here could be on the cards, after the Monetary Authority of Singapore said yesterday that it would review its rules for the fund management industry. In particular, a coveted exemption from making quarterly
      571 words
    • 286 2 Bernama [MELBOURNE] Australia’s Qantas could be looking for a merger soon. This possibility was flagged by Qantas chief executive Alan Joyce this week in an address to the Australia-Israel Chamber of Commerce Association lunch in Sydney, saying the company’s strong balance sheet would put
      Bernama  -  286 words
    • 851 4  -  Fund manager plans China agri fund, hopes to list three portfolio companies By LYNETTE KHOO [SINGAPORE] After years of cherry-picking China growth companies, private equity firm CMIA Capital Partners is now hoping to add Singapore companies into its basket. The fund manager
      851 words
    • 599 4 New features seen as powerful anti-Google move AP [SAN FRANCISCO] Facebook wants to pervade the Internet, turning every website into a de facto page at the world’s leading online social network. Facebook rolled out a series of features on Wednesday
      AP  -  599 words
    • 736 4 At least 5 dead, nearly 100 injured; PM calls for security meeting AFP [BANGKOK] A series of suspected grenade attacks rocked parts of Bangkok’s business district yesterday, leaving at least five dead and nearly 100 people injured including foreigners, amid a standoff between groups
      AFP; AP  -  736 words
    • 352 4 AFP [SHANGHAI] A Chinese tycoon is donating his fortune to charity in a gesture that has cemented the real estate magnate and hotelier’s position as China’s top philanthropist. Yu Pengnian, 88, told a news conference yesterday that he was donating US$470 million in
      AFP  -  352 words
  • Page 2 Advertisements
    • 51 2 VERSACE HOME it-'.-V i M: P*> I I n r v MJ i (UltlH DA VINCI LUXURY Available only at DA VINCI LUXURY 10 Tanglin Road Singapore *****8 Tel: +65 6738 6333 Please visit our other showroom DA VINCI COLLECTION 191 Upper Bukit Timah Road Singapore *****0 Tel: +65 6468
      51 words

  • Page 3 Advertisements
    • 295 3 GARDEN HOMES FREEHOLD s I mm W v Bukit Golf Course Sime Golf Course |g National Junior College Raffles Girls' A Hwa Chong Institution's Junior College MacRitchie Reservoir Park Botanic Gardens (u/c) r St. Joseph's Institution p| Velocity B3 A Novena L Novena Square Girls'Sch Anglo-Chinese II Singapore hj Chinese
      295 words


  • COMPANY NEWS
    • 583 5  -  Better earnings, despite 17% revenue fall, helped by strong margins By JOYCE HOOI DESPITE a near 17 per cent fall in group revenue, Keppel Corp posted a 12.9 per cent year-on-year increase in first-quarter net profit from $285.3 million to
      583 words
    • 357 5  -  Raffles City Ningbo, now being built, to be injected into fund By NISHA RAMCHANDANI CAPITALAND announced yesterday that the Raffles City China Fund has raised an additional US$180 million in committed capital, bringing the fund’s capital to US$1.18 billion. In an announcement
      357 words
    • 612 5  -  HOCK LOCK SIEW By SIOW LI SEN DBS Group Holdings has been hogging the news for the last six months so much so that the spin doctors at its rivals seem to feel some pressure. A quick count of
      612 words
    • 422 7  -  Distributable income climbs 8% on lower property expenses and borrowing costs By UMA SHANKARI MAPLETREE Logistics Trust (MLT) yesterday reported an 8 per cent climb in first-quarter distributable income to $30.8 million from $28.6 million a year earlier. Distribution per unit (DPU) rose 2
      422 words
    • 348 7  -  By EMILYN YAP FRASERS Commercial Trust (FCOT) yesterday posted a net property income of $23.6 million for the second quarter ended March 31 up 26 per cent from a year ago. This helped boost total distributable income, which rose 167 per cent
      348 words
    • 422 7 Bloomberg [BEIJING] Guocoland Ltd, the developer controlled by Malaysian billionaire Quek Leng Chan, plans to double investment in China property to more than US$9 billion on confidence government efforts to avert a bubble will work. Guocoland, whose projects include shopping malls, apartments, offices
      Bloomberg  -  422 words
    • 362 7 Reuters [SINGAPORE] China’s New Century Shipbuilding is looking to raise up to US$1.24 billion in its Singapore listing, two sources told Reuters yesterday, the biggest IPO by a Chinese company on the city-state’s exchange. The listing shows that IPOs are making a comeback on
      Reuters  -  362 words
    • 416 9  -  Yanlord, China Zaino hold 30% upside from current levels: Credit Suisse By LYNETTE KHOO CHINESE companies listed in Singapore also referred to as S-shares or S-chips have staged a rebound from a year ago, shrugging off negative publicity from corporate scandals that have plagued the
      416 words
    • 291 9  -  By VINCENT WEE NEPTUNE Orient Lines’ (NOL) container shipping arm APL yesterday named Gene Seroka, a 21-year veteran of the company, as its new president in the Americas, replacing John Bowe, who is leaving in June. Mr Seroka, 45, was until recently APL’s regional
      291 words
    • COMPANY BRIEFS
      • 58 9 NOBLE Group said that it has bought a 25 per cent stake in Terminales Portuarias del Pacifico (TPP). TPP has been awarded a tender to develop a multi-commodity terminal facility at Lazaro Cardenas Port, on the west coast of Mexico. Construction of the two-phase
        58 words
      • 37 9 COURAGE Marine Group has signed a memorandum of agreement to buy a pre-owned Panamax size vessel for about US$13 million. Delivery of the vessel is expected by Q2 this year.
        37 words
      • 40 9 BAKER Technology reported that first quarter net profit fell 60 per cent year-on-year to $2.45 million. Group revenue fell 66 per cent at $6.21 million as projects were postponed during the global credit crunch.
        40 words
      • 95 9 YEO Hiap Seng (Malaysia) Berhad posted a net profit of RM5.62 million (S$2.4 million) for the first quarter ended March 31 compared with a net loss of RM8.73 million a year ago when it had an investment impairment loss of RM7.8 million. Revenue
        95 words
      • 58 9 AZTECH Group posted a 24.8 per cent drop year on year in net profit to $1.56 million for the first quarter, while revenue slid 26.5 per cent to $49.7 million. Subsidiary Aztech Electronics also announced that it has been awarded a contract to
        58 words
    • 261 9  -  By VEN SREENIVASAN MAINBOARD-LISTED Lion Teck Chiang is soft-launching its freehold cluster bungalow project at Crescent Road in District 15 this weekend. The $70 million project, called Seven Crescent, comprises 14 bungalows that share common facilities, such as a pool and playgrounds,
      261 words
  • Page 5 Advertisements
    • 143 5 All the benefits of a Category B car but $10,001 less. www.vw.com.sg iPf The Golf Sport 1.4 TSI has all the hallmarks of a Category B car: German engineering; a powerful 160 bhp twincharged TSI engine; an exhilarating and sporty drive; 7-speed DSG transmission and 36 years of Golf heritage
      143 words

  • Page 6 Advertisements
    • 164 6 Holland Cut, VfT. m. pr SB *L <*' i > ik y ■v Tinri n a sm 1 m &H T* 9 ■r- ...<* ft W ■T" srafc ?k t Wi ft v-*5 X 11 An exclusive collection of homes. Each a canvas for the expression of your individual lifestyle.
      164 words

  • Page 7 Advertisements
    • 30 7 Holland Cut, ■m a 5 I Showflat at Dempsey Road Open daily 11am to 6pm Tel: 6479 7533 6227 4937 Marketing Agents CB RICHARD ELLIS 7M JONES LANG }JJ) LASALLE
      30 words

  • SINGAPORE MARKETS
    • 602 8  -  Index adds 13 points on firm Europe openings, possibly due to resumption of normal air services STOCKS R SIVANITHY Senior Correspondent AN UNSURE session yesterday ended with the Straits Times Index (STI) gaining 13.04 points at 2,980.69 but with the broad market recording 187
      Source: Bloomberg  -  602 words
    • 4 8 DAILY
      4 words
    • 66 8 Apr 22 VALUE CLOSE BT OB/OS -15.00 +2.00 BT CADI -*****.00 -47.00 BT 10-day MA -*****.00 -1.00 FTSE ST Mid Cap 728.66 -0.79 FTSE ST Small Cap 594.03 -0.95 FTSE ST All Share 739.25 +2.32 FTSE ST China Top 305.38 +2.00 FTSE ST China 317.93 +3.32 FTSE
      66 words
    • 186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 8 4 4 0 0 0 8 4 4 Manufacturing 65 67 68 4 5 16 69 72 84 Commerce 14 30 28 2 2 9 16 32 37 Tpt/Stor/Comms 11 11 20
      186 words
    • BROKERS’ TAKE
      • 456 8 April 22: $0.635 OCBC INVESTMENT RESEARCH, April 22 FIRST Ship Lease Trust’s (FSLT) Q1 2010 DPU of 1.5 US cents was flat q-o-q but fell 38.8 per cent y-o-y because of a lower payout policy and a larger unit base post-placement. Guidance for Q2 2010 DPU
        Source: Bloomberg  -  456 words
      • 440 8  -  April 22: $0.505 DBS GROUP RESEARCH, April 22 Compiled by CONRAD TAN CAMBRIDGE Industrial Trust (CIT) declared a Q1 2010 DPU of 1.274 cents, amounting to 25 per cent of our full year forecast. Revenues grew 1.2 per cent y-o-y to $18.6 million as a result of
        Source: Bloomberg  -  440 words
    • 117 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 23,575 23,575 115,553 115,553 Manufacturing 548,534 17,276 565,810 349,524 1,203 350,727 Commerce 108,579 22,766 131,345 102,665 5,293 107,958 Tpt/Stor/Comms 134,345 1,423 135,768 252,512 237 252,749 Finance 31,582 31,582 248,782 248,782 Construction 46,082 20,575 66,657 14,544
      117 words
    • 110 8 Stock name Close Change Stock name Close Change CapMallsAsia 2.160 -0.030 CapitaLand 3.930 -0.020 CapitaMall 1.890 +0.040 CityDev 11.000 +0.140 ComfortDelGro 1.620 +0.030 DBS Grp 15.360 F&N 4.950 +0.100 Genting SP 0.860 -0.010 Golden Agri 0.600 HK Land 5.210 +0.100 JMH 35.740 -0.240 JSH 20.760 +0.140
      110 words
    • 528 8 CURRENCIES Reuters [LONDON] The euro fell broadly yesterday after data showing Greece’s budget deficit was worse than previously thought highlighted the market’s hunger for a speedy resolution to its debt crisis. Eurostat revised Greece’s 2009 budget deficit to 13.6 per cent of gross
      Reuters; BLOOMBERG  -  528 words
    • 59 8 VOLUME Baker Tech 113,854,000 GMG Global 83,090,000 Genting SP 64,584,000 Yangzijiang 53,840,000 Golden Agri 43,378,000 Cosco Corp 40,409,000 VibroPower 38,689,000 Z-Obee Hldgs 27,654,000 Pac Andes 26,066,000 Sunningdale 24,812,000 VALUE($) Keppel Corp 89,633,480 Yangzijiang 79,190,660 CapitaLand 74,724,150 Cosco Corp 72,930,540 DBS Grp 69,833,025 OCBC Bk 64,517,260 Baker Tech
      59 words
    • 112 8 BY CENTS CLOSE UP DBXT Nifty 10US$ ***** 253.5 1.5 DBXT FTVietnam 10US$ 4625 187.7 3.1 DBXT MSAsExJp 10US$ 2915 48.0 1.2 GLD 10US$ ***** 48.0 0.3 DBXT MSUSA 10US$ 2830 35.6 0.9 Keppel Corp 997 33.0 3.4 Jardine C&C 2940 30.0 1.0 OCBC Bk 4.5%NCPS 100 ***** 28.0
      112 words
    • 111 8 BY CENTS CLOSE DOWN DBXT FTChina25 10US$ 2978 -56.2 -1.4 JMH 3574 -32.9 -0.7 Great Eastern 1590 -24.0 -1.5 StraitsAsia.ES.1004 208 -20.0 -8.8 STXPO 100 1600 -14.0 -0.9 DairyFarm 690 -12.3 -1.3 Haw Par Corp 619 -7.0 -1.1 SembMar 428 -7.0 -1.6 YangzijiDBSeCW*****8 28.5 -6.0 -17.4 FirstResMBLeCW*****1 11 -5.5
      111 words
    • 87 8 Where S$ stands Apr 22 CHNG YR 2010 CLOSE FR Apr 21 S$ LOW S$ HIGH US$ 1.3703 0.21 1.4219 1.3703@ Euro 1.8369 0.08 2.0153 1.8369@ Pounds 2.1157 -0.14 2.2831 2.0845 A$ 1.2742 0.29 1.2960 1.2276 Yen* 1.4690 0.36 1.5927 1.4690@ Rupiah* 0.***** 0.17 0.***** 0.***** Baht* 4.2556 0.27
      87 words

  • Page 9 Advertisements
    • 222 9 FREEHOLD Centennia suites «r me -r ■i k. ft-: e !?*> A a m m. w, 5«» K *0. r A *SE Experience new course of life at the Singapore River Where excitement and vibrancy converge VlWJHff m K4Q "«n? is P-L. A new vision of riverfront living 31 T
      222 words

  • SINGAPORE NEWS
    • 378 10  -  By WINSTON CHAI THE Media Development Authority (MDA) has set aside $20 million to subsidise the cost of creating and marketing new titles in the burgeoning digital games market. Under the investment, spread over the next three years, the regulator will co-fund up
      378 words
    • 350 10  -  Plot, which can yield some 350 rooms, has access to S’pore River promenade By EMILYN YAP DEVELOPERS looking to grab a slice of the hospitality pie can now apply for a hotel site at Robertson Quay. The Urban Redevelopment Authority (URA) released detailed
      350 words
    • 320 10  -  It’ll include energyoriented, medical electronics industries By TIMOTHY SEOW PANASONIC Electronic Devices (PED) will spend $20 million over five years on a research-and-development centre here that will be the first outside Japan to focus on new growth areas such as medical
      320 words
    • 250 10 SINGAPORE residents feel that Singaporeans have become more gracious towards one another over the last year, revealed a survey from the Singapore Kindness Movement (SKM). The survey was carried out among 1,000 Singapore residents aged 15 to 55 earlier this year. Respondents were asked
      250 words
    • 290 10 IF you don’t want to get around Sentosa on foot and yet don’t have the wheels to do so, you can always turn to Sanyo’s “eneloop bicycle”. It’s an electric bicycle that runs on reusable energy and rents for $16 for the first hour
      290 words
    • 491 10  -  Globally, the sector contributes 18% of latest net income By CONRAD TAN CITIGROUP’S global transaction services or GTS business is booming in Asia as more companies outsource payment processing and other back-office services to the bank, the unit’s senior executives said yesterday.
      491 words
    • SINGAPORE ROUNDUP
      • 60 10 DEPUTY Prime Minister and Defence Minister Teo Chee Hean met China’s Vice-President Xi Jinping in Beijing yesterday. Mr Teo and Mr Xi reaffirmed the importance of continued bilateral exchanges in fields such as defence and civil service. This year marks the 20th anniversary
        60 words
      • 51 10 ABOUT 890,000 taxpayers had e-Filed their returns by the April 18 deadline a record 94 per cent e-Filing rate, after last year’s 91 per cent. About 61,000 taxpayers filed paper returns. The overall filing rate this year is 88 per cent about the same as last
        51 words
      • 61 10 SINGAPORE Cooperation Enterprise (SCE) signed a collaboration agreement with the government of Nanjing to share Singapore’s experience in urban transport management. SCE will gather a team of experts from the Land Transport Authority to help Nanjing review its urban transport plan, tackle traffic
        61 words
      • 30 10 PANASONIC Asia-Pacific and the Singapore Youth Olympic Games Organising Committee yesterday announced Panasonic as sole presenting partner for the Youth Olympic Games Environment Programme.
        30 words
      • 99 10 BALLOT registration for the Singapore 2010 Youth Olympic Games opens today. Buyers must register at www.singapore2010.sg/tickets or through the ticketing hotline +65 *****010 between 9am today and 11.59 pm on May 9. Each person can register once for the opening ceremony and once for
        99 words
    • 381 10  -  By TEH SHI NING HALF the working Singaporean population has yet to make financial plans for retirement even though three in five wish to retire by age 60, a new survey by global financial services firm Russell Investments has found. “These findings
      381 words
  • Page 10 Advertisements
    • 63 10 WORK a SHOP in DAMANSARA!! 3D2N One World 5* Hotel fr $210 2nights with breakfast 2 way on Firstcoach (timing 800, 1000, 1100, 1500, 1700,1900) -i FREE $50 Travel Voucher www.FIRSTCOACH.com.my BUY ONLINE NOW! $33 1way $55 2way 18 departures daily SPORE-KUL GLOBAL HOLIDAYS (TA*****) *****110/*****211 INDUSTRIAL BLDGS FOR PURCHASE
      63 words

  • ECONOMY WATCH
    • 587 11 Reuters [BRUSSELS] Greece and Ireland had much larger budget deficits last year than expected and the Greek data may be revised further due to its unreliability, the European Union’s statistics office said. “It looks like a terrible situation just got worse,” said Nick Kounis,
      Reuters; REUTERS  -  587 words
    • 475 11 Reuters [TOKYO] Japan’s exports held firm in March in a sign that solid growth in Asia and a rebound in the US economy is fuelling Japan’s export-driven recovery, boding well for first-quar-ter growth. Exports rose 43.5 per cent from a year earlier, led by
      Reuters; REUTERS  -  475 words
    • 554 11  -  Negotiator hopes to send strong signal to the region to restart stalled talks By LEE U-WEN [SINGAPORE] With the European Union (EU) looking to begin talks on individual trade deals with Asean countries such as Thailand and Vietnam, the Singapore government is
      554 words
    • 259 11 Bloomberg [BANGKOK] Thailand’s exports rose the most in 20 months in March as overseas demand for electronics and agricultural products helped support an economy threatened by political unrest. Shipments climbed 40.9 per cent from a year earlier to US$16.25 billion last month, Commerce
      Bloomberg  -  259 words
  • Page 11 Advertisements
    • 22 11 The Estuary YISHUN Full Panoramic Greenery/Waterfront Lifestyle 1/2/3/4 Bedroom Available! Many choice units with Reservoir view available! TOP 2013 Hotline: 9688-3817 M_J
      22 words
    • 917 11 Corporation Keppel Corporation Limited Co Reg No: *****0351N (Incorporated in the Republic of Singapore) First Quarter 2010 Financial Statement 1. UNAUDITED RESULTS FOR THE FIRST QUARTER ENDED 31 MARCH 2010 The Directors of Keppel Corporation Limited advise the following unaudited results of the Group for the first quarter ended 31
      917 words

  • MALAYSIA/INDONESIA
    • 522 12  -  Move seen as tipping by-election this Sunday in Barisan’s favour By S JAYASANKARAN GT Resources, a firm owned principally by businessman G Gnanalingam, yesterday proposed a RM106 million (S$45.5 million) buyout of loss-making Maika Holdings in a move that could tip the
      FILE PHOTO  -  522 words
    • 264 12 Xinhua [JAKARTA] Indonesia’s state-owned oil and gas firm PT Pertamina will stop importing oil in 2015 as the country’s oil production is targeted to increase to over 1.5 million barrels per day, president director of the firm Karen Agustiawan said here yesterday.
      Xinhua; FILE PHOTO  -  264 words
    • 296 12 AFP [KUALA LUMPUR] Malaysia will buy 12 military helicopters from Eurocopter in a US$500 million deal, an official said here yesterday two years after the plan was shelved due to the financial crisis. In October 2008, the government scrapped a contract awarded
      AFP  -  296 words
    • 139 12 Reuters [KUALA LUMPUR] Malaysia’s largest nursing school operator, Masterskill Education Group, plans to raise as much as RM779 million (S$334.4 million) from its initial public offering, according to the term sheet obtained by Reuters. The company, which provides medical nursing training services through Masterskill
      Reuters  -  139 words
    • 218 12 AFP [KUALA LUMPUR] Malaysian opposition leader Anwar Ibrahim faced suspension from Parliament yesterday after he was alleged to have “misled” the house by criticising the government’s racial unity slogan. The House passed a motion urging a probe on Anwar for suggesting that the One Malaysia
      AFP  -  218 words
  • Page 12 Advertisements
    • 2302 12 MATS BUY IT-SELL IT-FIND IT 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 TUBAN LDPE PTE LTD (Company Registration No. *****1851 R) (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308(1)
      2,302 words
    • 266 12 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF EASTERN ISLANDS BASE PTE LTD (IN MEMBER'S VOLUNTARY LIQUIDATION! (Company Registration No. *****4236GI NOTICE OF MEMBER'S VOLUNTARY LIQUIDATION Notice is hereby given that at an Extraordinary General Meeting of Member of the abovenamed company held on
      266 words

  • GREATER CHINA
    • 616 13 Citigroup forecasts home prices may fall 20% by year-end Bloomberg [SHANGHAI] China’s property stocks fell to the lowest levels in more than a year after the Economic Observer said the State Council has approved a real-estate tax trial in four cities. And
      Bloomberg; REUTERS  -  616 words
    • 623 13 They are putting up a big show to build their brands, make right connections AFP [SHANGHAI] Coca-Cola is flying in hip-hop stars, Barclays is bringing English football’s Premier League trophy and General Motors will offer a glimpse of the future as foreign
      AFP  -  623 words
  • Page 13 Advertisements
    • 51 13 JURONG WAREHOUSE Up to 255,000 sq ft covered Up to 100,000 sq ft open space Automated Storage Retrieve System (ASRS) available Full rackings option Min. 7 metres floor to ceiling height •Ample loading/ unloading area Logistics services available Short long term lease available LHN Call GROUP CETO nncc iiii.iimjHi oo/o
      51 words
    • 794 13 Global Palm resources Benefitihgigeopfo GLOBAL PALM RESOURCES HOLDINGS LIMITED (Company Registration Number: *****1345M) (Incorporated in the Republic of Singapore on 13 November 2009) IV A mm ■MX to «iS V s a Mr J* J Nrf 3 'Tr I m A We are a producer of crude palm oil ("CPO")
      794 words

  • GREATER CHINA/INDIA
    • 277 14 Co-founder of Sun Microsystems among 6 winners AFP [SEOUL] A popular Chinese actress was named one of the United Nations’ “Champions of the Earth” yesterday for her efforts to encourage people to live a more environmental-ly-friendly lifestyle. Zhou Xun was one of six
      AFP  -  277 words
    • 544 14 Steps could reignite strains over US complaints about undervalued yuan AP Reuters [BEIJING] The United States and China have announced new anti-dumping steps against each other over aluminium, nylon and optical fibre, possibly reviving strains over trade and currency that had
      AP; Reuters  -  544 words
    • 522 14 Reuters Bloomberg [NEW DELHI] India’s annual food and fuel inflation quickened in the week to April 10, putting upside pressure on the headline inflation and central bank to take action before its next policy review in July. The food price index rose 17.65
      Reuters; Bloomberg; REUTERS  -  522 words
    • 300 14 Reuters [BEIJING] China must have a limited nuclear “second strike” force to deter foes from threatening it with atomic weapons, the nation’s main military newspaper said yesterday, in a rare account of Beijing’s nuclear strategy. The commentary in the official Liberation Army Daily
      Reuters  -  300 words
    • 300 14 Reuters [SHANGHAI] China’s mutual funds realised an 88.5 billion yuan (S$17.8 billion) net loss on their assets in the first quarter, in stark contrast to a record gain in 2009, after investors misjudged the country’s stock market one of the worst performing
      Reuters  -  300 words
    • 373 14 AFP [NEW DELHI] The US and other Western nations have warned of attacks on foreigners in New Delhi, heightening security concerns in the capital, with shopping areas and busy markets said to be prime targets. Advice issued late Wednesday by the
      AFP  -  373 words
  • Page 14 Advertisements
    • 191 14 May Pulses out now! PSOCUCEDB* THE BUSFTSS TIMES PEOPLE Thai Beverage CEO Thapana Sirivadhanabhakdi The men behind Lumiere Capital TOP STORY STILL COMPETITIVE IN HIGH-VALUE MANUFACTURING COMPANIES Olam: The brand behind the brands Genting Singapore: A bumpy ride Keppel Corp: Ready to seize opportunities PLUS Stay invested via ETFs SGX
      191 words

  • ASIA-PACIFIC/WORLD
    • 446 15 AP [SEOUL] Hyundai Motor said net profit hit a record high in the first quarter amid a jump in sales and strong performance in China and India. Hyundai, South Korea’s biggest automaker, earned 1.13 trillion won (S$1.39 billion) in the three months ended
      AP  -  446 words
    • 420 15 Agency cites quality problems and their impact on profits AP [TOKYO] Moody’s Investors Service yesterday lowered its main debt rating for Toyota Motor Corp, saying the carmaker’s well-publicised quality problems could hurt profits over the long term. The rating agency cut its senior unsecured
      AP  -  420 words
    • 362 15 Bloomberg [WASHINGTON] The Federal Reserve returned a record US$47.4 billion of its income last year to the US Treasury, primarily from interest earnings on its assets, according to the Fed’s annual consolidated financial statements.The amount returned to Treasury last year is US$15.7
      Bloomberg  -  362 words
    • 245 15 Reuters [LONDON] Drug companies have lost a legal battle against schemes promoted by Britain’s state health service that encourage doctors to prescribe cheaper medicines. The Association of the British Pharmaceutical Industry (ABPI), representing dozens of pharmaceutical firms, had argued that the National
      Reuters  -  245 words
    • 534 15 New legal basis needed for banking regulations to protect economy Reuters [BERNE] A Swiss government commission has proposed allowing UBS and Credit Suisse to keep their key businesses going in case of an insolvency in order to limit the
      Reuters  -  534 words
  • Page 15 Advertisements
    • 1717 15 B6AT3 NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg GiKEN GIKEN SAKATA (S) LIMITED (Incorporated in the Republic Of Singapore) (Company Registration No. *****3879W) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN THAT an Extraordinary General Meeting ("EGM") of Giken Sakata (S) Limited (the "Company") will be held at No. 7
      1,717 words

  • WORLD
    • 758 16 Net profit of 2.1b Swiss francs in line with analysts’ expectations Reuters [ZURICH] Credit Suisse’s investment banking results failed to match fore-cast-beating gains at US peers, dragging shares down even as the bank won new wealthy clients’ money faster than in
      Reuters; REUTERS  -  758 words
    • 731 16 SEC suit politically motivated, allege Republicans NYT [NEW YORK] The US government’s case against Goldman Sachs is about to get its first public airing, in what could be a dramatic preview of the legal battle to come. On Tuesday, the Goldman Sachs trader
      NYT  -  731 words
    • 408 16 Reuters [PARIS] France could become the latest country to examine whether Goldman Sachs Group Inc defrauded investors in marketing a mortgage investment product while the hedge fund that played a key role in the deal moved to head off investor concerns. Goldman
      Reuters  -  408 words
    • 350 16 AFP Reuters [SYDNEY] Authorities in the United States are probing mining giant BHP Billiton over a US$2.5 million payment related to an exploration project in Cambodia, reports said yesterday. The Australian newspaper and the Sydney Morning Herald both said possible corruption uncovered
      AFP; Reuters  -  350 words
    • 469 16 Reuters [HONG KONG] Within days perhaps even hours of news that Goldman Sachs was facing fraud charges from US regulators, rivals seized on a chance to elbow in front of Wall Street’s most profitable bank. Investment bankers have been lobbying executives at state-owned Agricultural
      Reuters  -  469 words
    • 282 17 Bloomberg [NEW YORK] eBay Inc, owner of an e-commerce marketplace and the PayPal payment service, has forecast profit that falls shy of estimates after changes to its main site failed to spur enough growth. Shares fell 6.8 per cent in late
      Bloomberg  -  282 words
    • 483 17 Commission chairman says ratings agency delayed in responding to document request NYT [WASHINGTON] A congressional panel has issued a subpoena to the credit-rating agency Moody’s Investors Service after the firm failed to promptly respond to its request for documents and e-mail messages, the panel said on
      NYT  -  483 words
    • 558 17 GM repays govt loan while Chrysler posts improved Q1 figures NYT [DETROIT] General Motors repaid a government loan, and Chrysler posted improved quarterly results on Wednesday proof, the companies said, that they were turning their operations around. Reacting to the automakers’ progress, the Obama
      NYT; BLOOMBERG  -  558 words
    • 339 17 Reuters [NEW YORK] Visa Inc will buy CyberSource Corp, a company that helps retailers accept online payments, to boost its business in fast-growing areas such as emerging markets and online commerce. Visa, the world’s largest credit and debit card processor, will pay US$26
      Reuters  -  339 words
  • Page 16 Advertisements
    • 191 16 May Pulses out now! Singapore as one of the elite high value manufacturers in the world? Thirty top biomedical sciences companies set up HQ here. Visitor arrivals at Resorts World Sentosa fallen short of expectation? Why investors should stay invested via ETFs; policy uncertainty provides the largest macro risk. Why
      191 words

  • Page 17 Advertisements
    • 152 17 WINE DINE AND HOSPITALITY JAPANESE MANDARIN y f, ift triple three Say "Oiishi!"to the first ever Japanese buffet Sunday brunch available in a hotel in Singapore, featuring a free flow of Kirin beer, Japanese cocktails and Chandon sparkling wine. For reservations, please call 6831 6288/71 or email dine.orchard@meritus-hotels.com www.meritus-hotels.com MANDARIN
      152 words

  • EDITORIAL & OPINION
    • 518 18 EDITORIAL IN the wake of the economic recovery, oil prices have risen more than 70 per cent from last year’s lows, largely driven by Asian demand. Thus, leaving aside a few months of crisis-induced depressed prices, the upward trend which began early this decade appears
      518 words
    • 756 18  -  THE BOTTOM LINE ROBERT SAMUELSON The Washington Post Writers Group IT’S unclear whether the Securities and Exchange Commission can prevail over Goldman Sachs in court. Goldman’s legal obligations in this complex and contested transaction are murky. But whatever happens in court, the complaint
      The Washington Post Writers Group  -  756 words
    • 966 18  -  Beijing’s influence in Asia is spreading but how far can it reach on land and at sea? By ROBERT D KAPLAN CHINA’S blessed geography is so obvious a point that it tends to get overlooked in discussions of the country’s economic dynamism
      AFP  -  966 words
    • 1145 19  -  With Biopolis and Fusionopolis, S’pore has created attractive environment for global scientists to conduct research work By OMKAR SHRESTHA The writer is a visiting senior research fellow at the Institute of Southeast Asian Studies, Singapore THE 21st century is widely expected to be the
      1,145 words
    • 1230 19  -  It’s struggling to deal with recent disclosure that 1-in-6 Japanese lived in poverty in 2007 By MARTIN FACKLER NYT SATOMI Sato, a 51-year-old widow, knew she had it tough raising a teenage daughter on the less than US$17,000 a year she earned from two
      NYT; AP  -  1,230 words
    • 312 19  -  LETTER TO THE EDITOR Narayana Narayana I REFER to the response of the Ministry of Law (MinLaw) titled “Residents have power to deal with MC members” (BT, April 21) to a letter by Florence Tan titled “Keep members of MC, sales
      312 words
  • Page 18 Advertisements


  • AVIATION/SHIPPING
    • 669 20 Authorities based decisions on flawed data or unfounded fears, say airlines ICELANDIC VOLCANO FALLOUT AP AFP [AMSTERDAM] As airlines struggle to get hundreds of thousands of travellers back home after a week of crippled air travel, questions and recriminations erupted over Europe’s chaotic
      AP; AFP  -  669 words
    • 276 20 AFP [SINGAPORE] Singapore companies yesterday scrambled to clear a backlog of cargo including orchids and ornamental fish as Europe opened its airspace after the threat of ash clouds from a volcano eased. One Singapore firm urgently needs a cargo of ship spare parts
      AFP  -  276 words
    • 548 20 AP [AMSTERDAM] What should the world brace for if ash clouds wash over European skies intermittently for six months or a year, repeatedly closing airports with just a few hours of warning? The crucial tourist industry will be devastated. Supermarkets will have less out-of-season
      AP  -  548 words
    • 276 20 SGX '000 Apr 22 S$ +/-Vol CH Offshore 0.67 -0.01 1101 Chuan Hup Hldgs 0.30 unch 166 Cosco Corp 1.83 0.03 ***** CWT Ltd 1.01 unch 963 Ezra Hldgs 2.17 -0.03 ***** First Ship Lease 0.64 unch 3070 Freight Links 0.05 unch 24 Grand Banks 0.48 0.01 38
      276 words
    • 406 20 Country is likely storing oil due to weakening demand Bloomberg [LONDON] Iran, Opec’s se-cond-biggest oil producer, added four supertankers to its fleet of vessels storing crude, taking the total to 11 after two others set sail, ship tracking data show. At
      Bloomberg  -  406 words
    • 2933 20 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi SQ457 1230 SQ456 1250 EY470 2220 Adelaide LH9771 1745 9W4082 2230 SQ268 1745 AF8088 2230 BA7382 2230 JL5083 2230 QF82 2230 LH9770 2350 SQ269 2350 Amsterdam LO4031 0605 LO4032 2345 SQ323 0605 SQ324 2345 US5410 0605 US5411 2345 AZ3992
      2,933 words
  • Page 20 Advertisements

  • SINGAPORE STOCKS
    • 9011 21 52-wks Tel Last Vol Week Last Quote Div GrYld Net M Cap High Low Code Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 18 4.5 3148 8Telecom 17.5cd +0.5 325 17.5 17 17 17.5 1.7 10.3 5.6 83.8 10 4.5 5834 A-Sonic 7 -0.5 27 7
      9,011 words
    • 1928 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 7 +1 62 7 7 6 7 38.9 6.7 25 12 8538 t APStrategic 20.5 -2
      1,928 words
    • 9341 22 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund!** 1.27/ APS Alpha Fund (USD)!** 0.92/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt S'pore Pte Ltd AXA WM -Talents Fund 0.72/ Aberdeen Asset Mgt Asia Limited American Opp 0.6781/ Asian Credit Fund 1.2463/ Asian
      9,341 words
    • 639 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 $mil 112 107 6389 ABF SG Bond ETF 109.5 109 111 499.8 876 527 CIMBAsean40 100US$ US873 871 873 34.9 306 180 DBS STI ETF
      639 words
    • 74 22 52-Wk Tel Last Vol Day Last Quote Div GrYld Net MCap High Low Code Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 56 26 6000 AVJennings A49 45.5 52.5 3.6 7.1 3.9 127.6 31 9.5 6017 Genting HK US$ US19.5 -0.5 1673 20 19.5 19.5 20
      74 words


  • FINANCE & COMMODITIES
    • 365 23 In local curr In S$ In US$ dy yr dy yr dy yr Apr 21 Index Change Change Change Change Change Change World Index Preliminary 883.0 -0.3 6.1 -0.6 2.3 -0.3 4.7 EAFE Preliminary 820.2 -0.2 4.5 -0.6 -1.2 -0.4 1.1 Europe Preliminary 1168.4 -0.9
      365 words
    • 181 23 Apr 22 Bid $S Offer Bid Overnight 0.10 0.05 1-month 3/8 1/8 2-months 1/2 1/4 3-months 5/8 3/8 Overnight mode: 0.03 US$ Offer Bid 7 days 0.30 0.25 1 month 0.36 0.26 2 months 0.38 0.28 3 months 0.40 0.30 6 months 0.53 0.43 9 months 0.90 0.70
      181 words
    • 22 23 Apr 22 S$ Bid Offer 1-month 1.3700 1.3714 2-months 1.3700 1.3714 3-months 1.3700 1.3713 6-months 1.3699 1.3714 Source: OCBC
      22 words
    • 135 23 Apr 22 As at 9am Apr Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2620 1.3000 Can dollar 1.3660 1.3820 Euro 1.8280 1.8490 NZ dollar 0.9670 0.9880 Sterling pound 2.1060 2.1290 US dollar 1.3670 1.3820 Local dollars to 100 units of
      135 words
    • 28 23 Apr 22 Apr Open High Sett STI Apr 2965 SIMSCI Apr 352.4 354.3 353.4 Taiwan Apr 284.5 284.6 284.0 Source: MF Global (S) Pte. Ltd
      28 words
    • 66 23 Apr 22 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position May 10 2494 2515 2518 2494 483 5415 Jun 10 2480 2501 2505 2478 2611 ***** Jul 10 2470 2490 2497 2467 6999 ***** Aug 10 2466 2488
      66 words
    • 371 23 Apr 22 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Jun10 99.6200 0 2960 Sep10 99.4900 0 1936 Dec10 99.2550 0 2511 Mar11 98.9350 0 3209 EUROYEN TIBOR FUTURES Jun10 99.6200 99.6250 99.6100 99.6200 351 4284 Sep10 99.6400 100 3359 Dec10 99.6400 99.6400 99.6400 99.6450 132 1450
      371 words
    • 168 23 Apr 22 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) May 10 410.0 Jun 10 390.0 10 Jul 10 365.0 Aug 10 351.4 100 Sep 10 342.0 Oct 10 337.5 TSR 20 (US cents/kg) Volume O/I Month High Low
      168 words
    • 86 23 Apr 22 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****W 22.07.2010 0.34 0.29 0.29 1-Year BY*****N 01.11.2010 0.35 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0A 2.625 01.04.2012 104.07 5-Year N*****0N 1.375 01.10.2014 100.88 7-Year N*****0Z
      86 words
    • 105 23 Apr 21 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low May 10 995.50 984.00 1005.00 983.00 Jul 10 1006.00 994.00 1015.50 993.00 Aug 10 1001.75 989.25 1011.25 989.25 Sep 10 986.00 972.25 995.75 972.75 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low May 10 38.90 39.07 39.24
      105 words
    • 78 23 CRUDE OIL PRODUCTS Apr 21 Apr CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 85.20 -0.17 WTI (Near Mth) 82.97 -0.03 Dubai (1-Mth F) 83.78 0.43 Tapis blend 88.95 0.95 Minas 90.20 2.50 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 83.94 1.28 Jet Kerosene 93.85 0.45 US$/barrel Opec
      78 words
    • 2508 23 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Tel Last Vol Conv Exer Disc Gear-Mths Code Company Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 4 unch 103 1 15 -7 5.13 49 4085 ASJ Hldgs W*****1 3.5 1 4 15 1.86 22 2036 Advance SCT Ltd W*****9 0.5 1 87
      2,508 words
    • 466 23 Apr 22 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.927 6.346 0.693 7.217 41.323 83.794 0.865 10.305 2.971 1.302 77.978 41.239 1.274 6.899 0.993 29.176 29.933 0.602 0.930 Canada 1.079 6.849
      466 words
    • 86 23 Apr 22 (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$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** Apr 6 mths 0.***** 9 mths 0.***** 12
      86 words
    • 155 23 Apr 22 Apr Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2737 1.2750 0.9297 0.9298 Canadian dollar 1.3744 1.3763 1.0032 1.0036 Euro 1.8379 1.8397 1.3415 1.3416 NZ dollar 0.9778 0.9801 0.7137 0.7147 Sterling pound 2.1140 2.1163 1.5431
      155 words
    • 139 23 Apr 22 GOLD (US$/oz) Apr 22 Apr 21 Hong Kong 1046.50 1143.30 Apr 21 Apr 20 London 1140.75 1141.55 1141.75 1142.35 Source: Thomson Reuters CAST BAR Apr 22 (S$) Selling Buying Kilobar 54,384.89 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 121.98 51 5gm 345.61 254 10gm 617.39
      139 words
    • 70 23 Apr 21 Apr Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2318.50 2352.25 3 months 2351.00 2385.00 Copper, Grade A (US$/tonne) Cash 7723.25 7756.00 3 months 7759.00 7790.00 Lead (US$/tonne) Cash 2292.00 2328.25 3 months 2320.00 2355.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash
      70 words
    • 77 23 Apr 21 COCOA (£/tonne) Close Prev High/Low May 10 2239 2212 2241/2206 Jul 10 2258 2233 2260/2225 Sep 10 2221 2198 2221/2191 Dec 10 2194 2172 2195/2165 COFFEE (US$/tonne) Close Prev High/Low May 10 1284 1298 1297/1278 Jul 10 1323 1336 1335/1316 Sep 10 1357 1370 1366/1350 SUGAR (US
      77 words

  • Page 24 Advertisements
    • 1390 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 Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Destination STXPO TBN New Orleans/Camden *Loads E./W. Malaysia, Indonesia Destination PACIFIC RICH
      1,390 words
    • 1600 24 WAN HAI INTERNATIONAL PTE LTD UEN: *****4695M TEL: *****588 (14 LINES) FAX: *****163 PKL TEL: (03) *****888 FAX: (03) *****288 PEN TEL: (04) *****00 FAX: (04) *****99 JOH TEL: (07) *****23 FAX: (07) *****21 SUR TEL: (031) *****75 FAX: (031) *****14/*****05 JKT TEL: (021) *****88 FAX: (021) *****88 PLM TEL:
      1,600 words

  • Page 25 Advertisements
    • 2046 25 SHIPPING TIMES HDS LINES THE SHORTEST TRANSIT TO PERSIAN GULF Visit our website at: http: TBA DIRECT CONTAINER LINE SERVICE TO KARACHI, DUBAI, IRANIAN PORTS, CIS, PERSIAN GULF, MED AND NORTHERN EUROPE HDSLINES, ASIA/MED EXPRESS SERVICE (FMX) SIN JEDDAH 12 DAYS SIN DAMIETTA 15 DAYS SIN MALTA 17 DAYS SIN
      2,046 words
    • 847 25 WEEKLY EXPRESS SAILING SCHEDULE WESTBOUND TO: COLOMBO, COCHIN, NHAVA SHEVA, JEBEL ALI ALSO ACCEPTING CONTAINERS TO ALL NORTHERN AND WESTERN INDIAN ICD POINTS VESSEL VOY SIN PKL (W PORT) CMB (JCT2) NSA (NSICT) CMB(JCT2) SCI KOLKATA 010W 20 APR 21 APR 26 APR 29 APR 02 MAY KOTA PEKARANG YPG091
      847 words

  • executive lifestyle
    • 1365 26  -  Far from fizzling out, the timeshare industry is experiencing stronger growth than ever, boosted by the Asian market and new technology. AUDREY PHOON reports AUDREY PHOON LIKE many big businesses, the timeshare industry began with a little idea one that belonged to a French hotelier named Paul
      1,365 words
    • FESTIVALS AROUND THE WORLD
      • 1581 27  - Wet wild start to Thai New Year Songkran is not just about water fights but has spiritual roots and celebrates respect for elders. By THORN SANTISAKULTARM By THORN SANTISAKULTARM Thorn Santisakultarm specialises in e-Marketing and is a freelance writer based in Bangkok THAILAND’S reputation as “The Land of Smiles” holds
        AFP PHOTOS  -  1,581 words
    • CINEMA/GAMING
      • 605 28  -  Mao’s Last Dancer is about family, forgiveness and feel-good values, says GEOFFREY EU GEOFFREY EU CLASSICALballetandcommunistdoctrinemake for an unlikely combinat i on i n Mao’s Last Dancer, an autobiographical story about a young boy from a rural Chinese community who defies incredible odds (including
        605 words
      • 456 28  -  DVD REVIEW By CHRISTOPHER LIM ANGELS have always been an endless source of mythological fascination, and countless attempts have been made to humanise them, but making one tote a sub-machine gun is a bit much. In Legion, Paul Bettany plays the archangel Michael, who comes to
        456 words
      • 677 28  -  By GEOFFREY EU THE 23rd Singapore International Film Festival (SIFF) may be drawing to a close the closing film tomorrow night is Dear Doctor, a drama with a light touch from Japanese director Miwa Nishikawa but after more than 200 feature films and shorts, there is still
        677 words
      • 488 28  -  By CHRISTOPHER LIM THERE hasn’t been much expansion content for developer BioWare’s recent game franchises like Mass Effect, but this has changed with Dragon Age: Origins Awakening, which starts off medium-sized and gets bigger as you play it. It’s set half a year after
        488 words
    • MUSIC
      • 591 29  -  Stereophonics is touring its latest album here, reports CHRISTOPHER LIM CHRISTOPHER LIM SINGAPORE is enjoying a wave of bands returning here for their second concerts which is a nice sweet spot because there isn’t as much pressure to perform hit songs, and the relationship
        591 words
      • 852 29  -  CHINESE ORCHESTRA By SAMUEL WONG SHENGMIAO The writer is the artistic director of The Teng Company, a lecturer and the author of two books on Chinese music WITH its picture found at the back of a S$50 note, the pipa is considered
        852 words
      • 584 29  -  CD REVIEW By CHRISTOPHER LIM IN TERMS of career visibility, Sade and Skye might seem quite different. Sade’s latest album, Soldier Of Love, was feted in the international press, while Skye’s independently released Keeping Secrets isn’t even available on CD, and needs to be tracked
        584 words
    • ARTS
      • 784 30  -  Ming Wong’s exhibition showcases video re-interpretations based on Singapore’s golden cinema era, writes MADHVI SUBRAHMANIAN MADHVI SUBRAHMANIAN ‘IDO what I do because of where I come from,” says one of the most well-known international artists from Singapore Ming Wong. The boyish, charming and
        784 words
      • 565 30  -  By NATALIE KOH SITTING on the edge of a couch in the lobby of the Chinatown hotel that he is staying in, Zhong Chen, a China-born Australian artist, speaks softly and punctuates each sentence with a cheerful smile that crinkles the corners of his eyes. Much
        565 words
      • 707 30  -  By GEOFFREY EU CHICAGO remains one of the most successful members of the musical theatre genre still touring the world today and even now, after umpteen viewings and 35 years after the curtain first went up on the show on Broadway, it still has plenty of
        707 words
      • AROUND TOWN
        • 168 30 AFTER six years, Paris-born Chinese cellist Yo-Yo Ma (below) returns to the Singapore stage with The Silk Road Ensemble and this time, a few members of our own Singapore Symphony Orchestra will be joining them on stage. He will be performing for two nights only, in
          168 words
        • 125 30 SINGAPORE’S first short dance film, Dvalta-Duality, makes its debut at the Singapore International Film Festival 2010 as the only nomination from Singapore to be selected to be in Dance: In Short, a mix of 14 short dance films from eight countries. The film is directed
          125 words
        • 160 30  -  Compiled by NATALIE KOH FAMED Italian filmmaker Federico Fellini’s first feature-length colour film, Juliet of the Spirit, is a 1965 surrealist drama film about an Italian housewife, Juliet. Overshadowed by the beauty of her sisters and her mother, she naively visits a psychic who convinces
          160 words
    • BOOKS/WINE/ARTS
      • Fantasy world of young stars
        • 421 31  -  Coming-of-age stories have always been an integral part of science fiction and fantasy literature, but the more popular ones, such as the Harry Potter and Percy Jackson series, tend to be a bit sanitised. Get set, then, for a new wave of sci-fi and fantasy novelists who
          421 words
        • 349 31 MANY young fictional heroes have led rough lives, like Thomas Cale in The Left Hand Of God, but not that many belong to an actual underclass. Taro san Malia, however, is a most unlikely hero. He lives in the slums on the underside of a great high-tech
          349 words
        • 339 31 STORIES about schools for magicians usually have a sug-ar-coating that insulates them from the unpleasant realities of modern urban life, with young sorcerers enveloped by a mystical cocoon that protects them. The Magicians, instead, brings modern life into a magical school called Brakebills. An American
          339 words
      • 1169 31  -  By N K YONG THERE were several vinous highlights of the current World Gourmet Summit which is now into its final days. For me the most instructive and most interesting was the extensive tasting of 26 wines from the Bordeaux 2005 vintage and 20
        1,169 words
      • 546 31  -  By NATALIE KOH TEN years ago, Wild Rice Productions was set up by local theatre practitioner Ivan Heng, with an important mission in mind. “We wanted to create works that put ourselves and our stories on stage,” says Heng. “Works with a
        546 words
  • Page 26 Advertisements

  • Page 27 Advertisements
    • 158 27 NOW DEFINING GLOBAL LIVING IN EUROPE k N Experience the comforts of our elegantly furnished serviced residences when you stay at any of our 44 serviced residences, located in the heart of 19 cities in Europe. Be it for business or pleasure, there is an Ascott serviced residence designed to
      158 words
    • 12 27 Brought to you by Ascott This series is brought to you by
      12 words

  • Page 28 Advertisements
    • 37 28 D I A SWEET SURRENDER Diabetes lurks menacingly for Indians, especially those with a sweet tooth B E T E S Bipasha picks brains over beauty GET YOUR COPY TODAY FROM ALL 7-ELEVEN OUTLETS (WHILE STOCKS LAST)
      37 words

  • Page 29 Advertisements
  • Page 29 Miscellaneous
    • 293 29 CRYPTIC CROSSWORD Across 1 Blue waste material about to be returned to tall building (10) 6 Out, say? Standing out (4) 9 Vehicle the lady put in pound was crushed (10) 10 Cultivate land, distant meadow first (4) 12 Reach hospital in slum area (6) 13 Hotel with lowdown on
      293 words

  • Page 30 Advertisements

  • Page 31 Advertisements
    • 74 31 ‘Animal Farm’ kicks off the season and runs from April 21 to May 8 at the Drama Centre Theatre ‘Boeing Boeing’ runs from Aug 5 to Sept 4, also at the Drama Centre Theatre ‘Cinderel-LAH!’ runs from Nov 25 to Dec 11 at the Esplanade Theatre ‘Emily of Emerald Hill’
      74 words

  • Page 32 Advertisements
    • 519 32 00<W00> RESIDENCE Freehold The Most Exclusive Green Address In Singapore PRIME DISTRICT 10 m m <rm >v ps v mm :u lUl a:1 m ,V Ss*r m ,r\ s tlS i >v. fe r cmood 00 °«ang e g< Shangri-La Hotel 'O^c S °A0 °V Vif 1 Goodwood Hill Raffles
      519 words