The Business Times, 15 May 2010

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Microfilm: NL30668
Total Pages: 47
1 20 The Business Times
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  • Title Section
    Lock icon Masthead
    18 1 weekend THE BUSINESS TIMES www.businesstimes.com.sg MAY 15 16, 2010 S$1.00 MICA(P) 124/08/2009 Sfh A SINGAPORE PRESS HOLDINGS PUBLICATION
    18 words
  • Article
    Lock icon The fears are back with euro hitting the skids
    436 1 Spanish stock market dives along with slumps in equities around the world Reuters Bloomberg London THE euro plunged to an 18-month low against the US dollar and global shares dived yesterday over fears Europe’s fiscal austerity plans may derail economic recovery.
    Reuters; Bloomberg  -  436 words
  • Article, Illustration
    Lock icon The practical visionary
    1222 1  -  With Dr Goh’s passing the world has lost one of the most brilliant economic practitioners of his generation GOH KENG SWEE, By Vikram Khanna vikram@sph.com.sg Singapore DR GOH KENG SWEE, who died at the age of 91 yesterday, has been described as “an intellectual politician,” “a political
    1,222 words
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      Lock icon Page 1 Advertisements Column 1
      169 1 the business times www.businesstimes.com.sg MAY 15 16, 2010 S$1.00 MICA (P) 124/08/2009 WEALTH Don’t bother teaching kids financial literacy 30-31 DESTINATION DINING Shire ecstasy L5-7 the raffles conversation LAURENCE FINK, CHAIRMAN AND CEO OF BLACKROCK 8-9 corporate results Q1 profits rise 36.4% to $6.37b OF the 291 firms that have
      169 words
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      9 1 ??Tributes from President Nathan and PM Lee, Page 7
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  • TOP STORIES
    • Article
      Lock icon Q1 results signal start of earnings recovery
      508 2  -  Of the 291 firms that have posted results, 86% are in the black By Jamie Lee leejamie@sph.com.sg Singapore COMPANIES here kicked off the year with a good set of quarterly numbers. Total earnings for the firms that have posted their first quarter results
      508 words
    • Article
      Lock icon Baker Tech waves secret pact in SembMarine’s face
      596 2  -  It offers to reveal contents of agreement; SembMarine says it is ‘null and void’ By Ven Sreenivasan ven@sph.com.sg Singapore BAKER Technology has revealed for the first time a confidential Joint Venture Agreement that it had with Sembcorp Marine over a shipyard the
      596 words
    • Article
      Lock icon MARKETS
      135 2 STI 2,855.21 (-12.71) STI FUTURES 2,847.00 (-13.00) SIMSCI 339.20 (-1.76) SIMSCI FUTURES 337.10 (-3.50) STOCKS Friday Change KL COMP 1,339.30 -7.62 NIKKEI 225 10,462.51 -158.04 HANG SENG 20,145.43 -277.03 SET 768.79 +2.24 JAKARTA 2,858.38 +10.76 MANILA 3,330.42 +2.73 KOSPI 1,695.63 +1.05 SHENZHEN B 566.83 -0.31 MUMBAI IND 16,943.34 -322.53
      135 words
    • Article
      Lock icon We were guinea pigs, bar grouping says of MBS event
      479 4  -  By Arthur Sim simska@sph.com.sg Singapore STILL feeling bruised from its recent conference at Marina Bay Sands, the Inter-Pacific Bar Association (IPBA) says it feels it was duped. A spokesman for IPBA said: “We became their guinea pigs and suffered great
      479 words
    • Article, Illustration
      Lock icon Explosions, gunfire echo through heart of Bangkok
      664 4 At least 5 killed and 46 wounded as hopes for peaceful resolution fades AP Bangkok THAI troops fired bullets at anti-gov-ernment protesters and explosions thundered in the heart of Bangkok yesterday as an army push to clear the streets and end a two-month
      AP; REUTERS  -  664 words
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      121 2 CONTENTS NEWS Top Stories 2-7 Raffles Conversation 8-9 Week in Review 10 Companies 11-14 From The Desk Of 15 Singapore 16-18 World 19-22 Stocks Stats 23-27 Perspective 28-29 Wealth 30-33 Show Me The Money 32 Househunt 34 Real Estate 35 LIVING Dining L2-4 Destinationdining L5-7 Shopping L8-9 Travel L12-13 Gadgets
      121 words
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      5 2 ??Text of letter, Page 14
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      210 3 m World-renowned artists to work with Singapore's top you musicians through LANXESS SNYO Classic mentoring program. Nothing speaks to the future of Singapore more eloquently than the beautiful music of the Singapore National Youth Orchestra. And now, German specialty chemicals company LANXESS is pleased to announce the three-year LANXESS SNYO
      210 words
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  • Page 4 Advertisements
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      55 4 n^cuir^nc^n^rjco^nnn BRAND NEW Binjai Park *****sqft/7000sqft Good Privacy 25m Lap Pool Renowned Designer Ask $17.8M PLOT A Binjai Park *****sqft/*****sqft Flat Squarish Land 46m Frontage Ask $28M PLOT B Binjai Park *****sqft/7600sqft Quiet, Serene setting Charming Single Storey House Ask $32M FOR SRL€ BINJfll PORK €V€IVN NG 9847-6899 Newsman Realty
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  • Page 5 Advertisements
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      161 5 LINK RESIDENCE 0 Holland S&i :<^5rfe-:£ iK -f- A To stake your claim in a supremely exclusive home, Call: +65 6100 2002, +65 9755 6781 Show Suite at 58 Greenleaf Road Open 10am to 6pm Daily Fendi and Versace luxury furniture furnished by Da Vinci Collection 5 storeys Cluster Bungalow
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  • TRIBUTE
    • Article, Illustration
      Lock icon Nation mourns passing of a titan
      1028 6 / 7  -  Tributes from the political and business elites hail Goh Keng Swee as a national hero and far-sighted visionary By Anna Teo anna@sph.com.sg Singapore SINGAPOREANS from all walks of life paid tribute yesterday to a founding father who’s not only the country’s economic architect but
      1,028 words
    • Article
      Lock icon A gem of a man in all respects
      790 6 / 7 President S R Nathan's tribute to Goh Keng Swee MANY will be the tributes that will be paid to this marvellous man, who devoted so much of his life for the advancement, progress and security of Singapore and our people. To that
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    • Article
      Lock icon Singapore’s master builder
      648 6 / 7 PM Lee Hsien Loong’s condolence letter on the demise of Dr Goh Dear Mrs Goh, ON behalf of the government and people of Singapore, may I convey my deepest condolences to you and your family on the passing of Dr Goh Keng Swee. Dr Goh was a
      648 words
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  • RAFFLES CONVERSATION
    • Article, Illustration
      Lock icon The Rock
      1864 8 / 9  -  The client, and only the client, comes first in Larry Fink’s solidly fiduciary business model for Blackrock. By Genevieve Cua By Genevieve Cua gen@sph.com.sg THE strain of helming a multi-trillion dollar asset management group, watching volatile markets, counselling clients and packing in a whirlwind tour of Asian offices
      ARTHUR LEE  -  1,864 words
    • Article
      Lock icon Towards a better financial future
      595 8 / 9 LARRY Fink, chief executive of money management group Blackrock, bristles when asked if the firm with its US$3.36 trillion in assets could be deemed “too big to fail”. “That’s not true. I’d argue no one is saying that. We’re not a leveraged institution. One hundred
      595 words
  • Page 8 / 9 Advertisements
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      70 8 / 9 The Raffles Conversation is brought to you through a special arrangement with Raffles Hotels Resorts. Raffles Hotels Resorts epitomizes enchanting experiences, embodying global sophistication and residential charm. Each is exclusive, intimate with a distinctive sense of place, imbued with heartfelt service that is intuitive and unobtrusive “like a gentle breeze”.
      70 words
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  • WEEK IN REVIEW/WEEK AHEAD
    • THIS WEEK | May 10-14, 2010
      • Article
        Lock icon Jittery market sends most IPOs below offer prices
        52 10 WITH market sentiment jittery, many of this year’s IPOs have found themselves trading below their initial offer prices. Of the 13 Singapore IPOs that came to market so far this year, 10 have fallen below their offer prices, with only three still
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      • Article
        Lock icon A stronger yuan won’t affect S’pore trade much
        48 10 ANY revaluation of the yuan is unlikely to significantly affect Singapore’s imports and exports but could encourage capital inflows from China into local assets, economists and business leaders say. It could make properties here more affordable and attractive to Chinese.
        48 words
      • Article
        Lock icon Use good governance to build business: SM Goh
        55 10 SENIOR Minister Goh Chok Tong called on the corporate sector to build on the favourable business environment that the government has created through good corporate governance. He touched on the need for compliance in substance over form at the gala dinner of
        55 words
      • Article
        Lock icon OUE to be Lippo’s S’pore flagship
        82 10 LIPPO president Stephen Riady, who also became OUE’s executive chairman recently, laid out growth plans for Overseas Union Enterprise (OUE) now that it is in sole control of the property group. He said that the group will be focusing more on the residential development
        82 words
      • Article
        Lock icon Asia in shape to ride European debt crisis
        37 10 MOST analysts see little risk of Asia being hit hard by the contagion. They seem confident that the region will prove to be resilient again given its strong fundamentals.
        37 words
      • Article
        Lock icon EU deal fails to shock and awe markets
        46 10 WORLD stocks and the euro skidded on Tuesday as excitement over the eurozone’s mammoth US$1 trillion rescue package gave way to doubts whether its weakest economies can meet their end of the bargain and deliver drastic debt cuts.
        46 words
      • Article
        Lock icon Banks pull their weight in loan scheme for SMEs
        48 10 IT’S been three months since the government reduced its guarantee for loans under the Special Risk-Sharing Initiative scheme introduced during the financial crisis to help SMEs, but several banks have continued to sell loans to SMEs at competitive prices.
        48 words
      • Article
        Lock icon Govt restores tech budget to pre-crisis level of $1.1b
        58 10 THE billion-dollar war chest will be spread across some 350 IT tenders to be called by the Infocomm Development Authority of Singapore and various government agencies over the next 12 months. Among the major spenders is the Ministry of Home Affairs
        58 words
      • Article, Illustration
        Lock icon NEW TO THE JOB
        32 10 David Cameron outside 10 Downing Street in London. His coalition government is facing a mammoth task, having to slash a massive £164 billion (S$337 billion) budget deficit AFP
        AFP  -  32 words
      • Article
        Lock icon SEC wants exchanges to devise new trading plan
        73 10 FEDERAL regulators on Monday gave US stock exchanges 24 hours to devise a market-wide plan to stop or slow trading in stocks that are falling rapidly, in an effort to avoid a repeat of lastThursday’s violent swings in the financial markets. Heads
        73 words
      • Article
        Lock icon Crisis economy gives Cameron no honeymoon
        68 10 BRITAIN’S first coalition government since Winston Churchill’s administration during World War II under the leadership of David Cam- eron is facing a mammoth task to regenerate an economy in crisis. Economists overwhelmingly agree that the Treasury’s task to slash the massive £164 billion (S$337
        68 words
      • Article
        Lock icon Broadcast group bristles at new pay-TV policy
        54 10 CABLE Satellite Broadcasting Association of Asia, a regional broadcasting association, says that the Singaporegovernment’s cross-car-riage mandate will impact new investment and reinvestment, warning that Singapore’s burgeoning media sector could cool off. Licensing complications, revenue-sha-ring complexities and even business viability were flagged as some
        54 words
    • NEXT WEEK | May 17-21, 2010
      • Article
        Lock icon US DATA
        37 10 May 18 April Building Permits April Core PPI April Housing Starts April PPI May 19 April Core CPI April CPI Crude Inventories May 20 Continuing claims Initial claims Philadelphia Fed Business Outlook Survey for May
        37 words
      • Article
        Lock icon SINGAPORE DATA
        27 10 May 17 April Merchandise Trade May 18 Q1 Central government debt May 20 Q1 GDP Q1 Balance of Payments May 21 Q1 Wholesale trade index
        27 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Lock icon Page 10 Miscellaneous Column 1
      333 10 CRYPTIC CROSSWORD Across 1 New schoolmasters lacking the places to teach (10) 9 Snack an angler looks forward to? (4) 10 Loud shrieking comes from this bird (10) 11 Put right in the picture? Yes (6) 12 Don’t agree to leave the ranks (4,3) 15 No deviation from a working
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    • Miscellaneous
      Lock icon Page 10 Miscellaneous Column 2
      19 10 SATURDAY with Ludwig ‘You’re too far from your seat those 3D glasses can add to the illusion of depth...”
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  • COMPANIES
    • Article
      Lock icon Revenue surge helps NOL slash Q1 net loss
      446 11  -  Container shipping income increases as volumes and rates perk up By Joyce Hooi joyceh@sph.com.sg Singapore NEPTUNE Orient Lines (NOL) achieved a 36 per cent year-on-year surge in revenue to US$2.1 billion for its first quarter ended April 2, 2010. This helped the
      446 words
    • Article
      Lock icon Property boosts F&N’s Q2 earnings
      436 11  -  By Emilyn Yap emilyny@sph.com.sg Singapore Singapore SECOND-QUARTER earnings for local conglomerate Fraser and Neave (F&N) rose sharply on the back of better results across all its businesses particularly from its property arm. For the quarter ended March 31, the group posted a net profit after
      436 words
    • Article
      Lock icon SIAEC’s Q4 net profit up 12.8% at $73.9m
      350 11  -  By Nisha Ramchandani nishar@sph.com.sg Singapore SIA Engineering Company (SIAEC) posted a 12.8 per cent year-on-year increase in net profit to $73.9 million for the fourth quarter ended March 31, boosted by higher revenue, surplus from the disposal of fixed assets and a
      350 words
    • Article
      Lock icon KS Energy’s Q1 net falls 79% to $2.8m
      324 11  -  By Ronnie Lim ronnie@sph.com.sg Singapore OIL and gas services provider KS Energy (KSE) saw its first-quarter net profit fall by 79 per cent to $2.8 million from $13.2 million in the same quarter last year, while revenue dipped 1.4 per cent to
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    • Article
      Lock icon Chemoil slips into the red in Q1
      447 12  -  It posts Q1 net loss of US$13.5m, compared with net profit of US$8.8m a year ago, as margins weaken By Ronnie Lim ronnie@sph.com.sg Singapore MARINE fuel oil supplier Chemoil Energy yesterday reported a first-quarter net loss of US$13.5 million, compared with net profit
      447 words
    • Article, Illustration
      Lock icon ThaiBev posts 17.5% fall in Q1 net profit
      371 12  -  By Nisha Ramchandani nishar@sph.com.sg Singapore THAI Beverage Public Company (ThaiBev), Thailand’s largest brewer and distiller, posted a 17.5 per cent drop in net profit to 2.48 billion baht (S$105 million) for the first quarter ended March 31, 2010, due to lower net
      BLOOMBERG  -  371 words
    • Article
      Lock icon Otto’s Q1 revenue, profit quadruple
      319 12  -  By Vincent Wee vincewee@sph.com.sg Singapore PROPELLED by the recovery in the offshore sector, offshore marine ship charterer and builder Otto Marine achieved a near quadrupling in first-quarter revenue to $276.6 million from $71.7 million a year earlier. This came on the back of improved revenues
      319 words
    • Article
      Lock icon At a glance
      160 12 Q1 results ended March 2010 NET PROFIT (S$m) TURNOVER (S$m) CURRENT PREVIOUS CHNG CURRENT PREVIOUS CHNG 1 ComfortDelGro 54.30 52.50 3.4 766.90 716.60 7.0 2 Otto Marine 24.49 6.55 273.9 276.62 71.74 285.6 3 S Coffeemix 14.71 6.15 139.3 81.63 64.39 26.8 4 Swiber 11.24 13.73 -18.1
      160 words
    • Article
      Lock icon ComfortDelGro’s Q1 profit up 3.4%
      537 13  -  Bus business led growth, accounting for over 60% of rise in group revenue By Samuel Ee samuelee@sph.com.sg Singapore GROWTH in ComfortDelGro’s key businesses boosted revenue by 7.0 per cent to $766.9 million for the first quarter ended March 31, 2010, and this helped net profit
      537 words
    • Business briefing
      • Article
        Lock icon Swiber gets letter of award worth US$17-27m
        43 13 Swiber Holdings has received a Letter of Award, worth between US$17 million to US$27 million, from an oil and gas operator in South East Asia. The contract is for the transportation and installation of heavy structures.
        43 words
      • Article
        Lock icon Asia Food might sell food biz to Golden-Agri
        75 13 ASIA Food Properties (AFP) said it intends to start talks to sell its food business to plantation owner Golden Agri-Resources. AFP said its controlling shareholder Flambo International Ltd also holds more than 30 per cent interest in Golden Agri, so the proposed
        75 words
    • Article, Illustration
      Lock icon Europe’s debt woes continue to dog local market
      475 14  -  stocks| R Sivanithy sivan@sph.com.sg Senior correspondent FOR a second straight week, the local market’s fortunes were dictated mainly by Euro-centric developments that focused on the Greek bailout and austerity measures announced by Spain and Portugal. In a nutshell, the swings were between
      475 words
    • Article
      Lock icon TOP 20 ACTIVES
      111 14 VOL CLOSE GentingSP 248,129 98.5 1.0 1.0 GoldenAgri 50,822 55 0.0 0.0 UniFiber 45,074 5.5 0.0 0.0 ChinaHongxing 38,557 13 0.0 0.0 SingTel 30,845 296 -1.0 -0.3 Biosensors 24,432 83 1.0 1.2 Yangzijiang 22,935 134 0.0 0.0 CoscoCorp 21,397 157 -2.0 -1.3 BakerTech 19,479 41.5 -1.0 -2.4
      111 words
    • Article
      Lock icon STI STOCKS
      107 14 Stock name Close Change Stock name Close Change CapMallsAsia 2.140 +0.070 CapitaLand 3.640 -0.070 CapitaMall 1.950 -0.050 CityDev 10.480 -0.180 ComfortDelGro 1.490 DBS Grp 14.360 -0.120 F&N 4.700 Genting SP 0.985 +0.010 Golden Agri 0.550 HK Land 4.980 +0.020 JMH 35.620 -0.080 Noble Grp 2.980 +0.030 OCBC Bk
      107 words
    • Article
      Lock icon On that joint venture agreement
      396 14  -  ppl holdings’ letter to sembcorp marine Tan Kiang Kherng Yours faithfully, PPL Holdings Pte Ltd Tan Kiang Kherng, Financial Controller ARTICLES in The Business Times: ??Hock Lock Siew on May 12, 2010, titled “SembMarine’s lingering quandary”. ??Letter to the Editor from Sembcorp Marine Ltd on
      396 words
    • Article
      Lock icon TOP GAINERS
      68 14 TOP GAINERS BY CENTS CLOSE UP DBXT DJE50 10US$ 3672 175.5 3.6 DBXT S&P Short 10US$ 5130 124.4 1.8 GLD 10US$ ***** 59.4 0.4 DBXT FTVietnam 10US$ 4510 19.3 0.3 DBXT MSRussia 10US$ 288 15.2 4.0 Lyxor India Nifty 10 1584 14.0 0.9 UOB 5.05%NCPS 100 ***** 10.0
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    • Article
      Lock icon TOP LOSERS
      56 14 BY CENTS CLOSEDOWN DBXT Nifty 10US$ ***** -201.7 -1.2 OUE 1940 -36.0 -1.8 DBXT CSI300 10US$ 886 -29.0 -2.3 Lyxor China H 10US$ 1489 -29.0 -1.4 DBXT FTChina25 10US$ 2859 -22.1 -0.6 SIA 200 1470 -20.0 -1.3 JSH 2000 -19.3 -0.7 CityDev 1048 -18.0 -1.7 Jardine C&C 2932
      56 words
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      24 11 TUVALU OFFSHORE COMPANIES Tuvalu now has a corporate arm that offers an attractive option for businesses requiring OFFSHORE companies "Competitive incorporation renewal fees" www.tvoffshorecompanies.com
      24 words
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      29 12 H Kf LAST CALL FOR SEATS! INVITATION TO PRIVATE EVENT ON 15TH MAY 2010 (SAT) ORCHARD HOTEL (1PM 5PM) e CALL 6100 0038 8100 0038 NOW! SOLE MARKETING AGENCY
      29 words
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      Lock icon Page 13 Advertisements Column 1
      139 13 FINE a RARE WINE 1 Chateau Margaux 1983 Chateau Mouton Rothschild 2000 Chateau Lafite-Rothschild 1982 <Wi s ;S \m 1 Romanee-Conti Assortment 2001 PRE-WAR BALINESE MODERNIST PAINTINGS and MODERN BALINESE TRADITIONAL PAINTINGS Auction: Saturday, 15 May 2010, starting at: 14.00 FINE ft RARE WINE Auction Sunday, 16 May 2010, starting
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  • Page 14 Advertisements
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      85 14 MAT-3 3 NOTICES NOTICE I Guy Charles Owen, bachelor of 35 Robin Road, 09-04 Robin Regalia, Singapore *****0 intend to marry Olivia Frances Hayden, single of 35 Robin Road, 09-04 Robin Regalia, Singapore *****0, at Four Seasons Resort Bali at Sayan, Gianyar *****, Bali, Indonesia on 14th July 2010. Any
      85 words
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  • FROM THE DESK OF
    • Article, Illustration
      Lock icon Building sustainable communities
      874 15 from the desk of Any global business has a global responsibility, to serve the communities in which it operates INNOVATION and entrepreneurship are concepts at the heart of any successful business and local economies and are imperative to the sustainable development of the global economy. Innovative solutions
      874 words
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  • SINGAPORE
    • Article
      Lock icon German firms urged to look to Asia
      485 16  -  They should take a longer-term view of opportunities, says PM Lee By Teh Shi Ning tshining@sph.com.sg GERMAN companies should continue to explore Asia despite the current difficulties in Europe and not hold back from pursuing longer-term opportunities in the region, Prime Minister Lee
      485 words
    • Article, Illustration
      Lock icon Cars pull March retail sales down 2.4% on year
      271 16  -  By Chew Xiang xchew@sph.com.sg RETAIL sales in March fell 2.4 per cent from a year ago, disappointing economists’ expectations of a one per cent increase as higher car prices hurt motor vehicle sales. The Department of Statistics said seasonally adjusted month-on-month
      271 words
    • Briefing
      • Article
        Lock icon World Cities Summit to be held in S’pore
        78 16 THE second World Cities Summit takes place in Singapore from June 28 to July 1. The summit on “Liveable and Sustainable Cities for the Future” is a platform for discussing urban sustainability and identifying solutions to pressing issues. It is supported by
        78 words
      • Article
        Lock icon URA awards Simei site to Chip Eng Seng unit
        63 16 THE Urban Redevelopment Authority yesterday said it has awarded the tender for a residential site at Simei Street 3 to Chip Eng Seng’s CEL Development unit. It trumped 17 other bidders to put in the top offer of $152.7 million. This
        63 words
    • Article
      Lock icon Minimum sum raised for CPF, Medisave accounts
      328 16  -  By Timothy Seow timseow@sph.com.sg THE minimum sum for both CPF and Medisave accounts have been increased, as well as the Medisave contribution ceiling, with the changes taking effect on the July 1, 2010, the CPF Board announced yesterday. The prevailing CPF Minimum Sum
      328 words
    • Article, Illustration
      Lock icon LG banks on 3D products to boost sales
      544 17  -  It expects to spend more than $1m this year to market 3D TV sets here By Felda Chay feldac@sph.com.sg THOSE who want to immerse themselves in the world of Pandora and Avatar’s Na’vi tribe can now do so in the comfort of
      ALAN LEW  -  544 words
    • Article, Illustration
      Lock icon Tell stories, not boring, soulless speeches
      693 18  -  Public speaking coach suggests framing ideas into good, honest stories By Joyce Hooi joyceh@sph.com.sg ERIC Feng, the spiky-haired author behind two books on public speaking, has a radical idea. He thinks that chief executive officers should mean what they say. Heck, they should even
      693 words
    • Article, Illustration
      Lock icon IRs ‘off to flying start’ despite teething problems
      547 18  -  By Lee U-Wen leeuwen@sph.com.sg TEETHING problems aside, the government has given the assurance that Singapore’s two new integrated resorts casinos and all are “off to a flying start” so far. Community Development, Youth and Sports Minister Vivian Balakrishnan yesterday described the effort
      547 words
  • Page 16 Advertisements
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      Lock icon Page 16 Advertisements Column 1
      285 16 MAT3 NOTICES THE COMPANIES ACT (CAR 50) S.B.TRANSNET ENTERPRISES PTE LTD COMPANY REG. NO: *****3713W (MEMBERS'VOLUNTARY WINDING UP) At an Extraordinary General Meeting of the Members of S.B. TRANSNET ENTERPRISES PTE LTD duly convened and held at 701 Geylang Road #04-04 Teambuild Centre Singapore *****7 on Tuesday, 11 May 2010
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  • Page 17 Advertisements
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      Lock icon Page 17 Advertisements Column 1
      58 17 the# minton 12 Knight Frank Priority Booking Starts At Our Private Event. Book your choice units with us now! INVITATION TO PRIVATE EVENT ON 15 th May 2010 (Sat) Orchard Hotel (lpm 5pm) d 16 th May 2010 (Sun) LIMITED SEATS Serangoon Garden Country Club, level 3, Function Room (2pm
      58 words
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      Lock icon Page 17 Advertisements Column 2
      204 17 Ju Ming Zeng Fanzhi Yue Min )un V =5* K ♦A. BT! ff* i' i a J VI > r bH V It: lr. *:X WET.* Jr. f V.J jeL* 1 I Nyoman Masriadi Li Chen Agus Suwage r .i *i II i. %Xi Lj J ML JSf. j" »V
      204 words
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  • WORLD
    • Article, Illustration
      Lock icon CIMB ups stake in Indonesia bank subsidiary
      562 19  -  It will buy a 17.1% share from Khazanah for RM1.7b; and maybe 2.3% more later By S Jayasankaran CIMB will buy an additional 17.1 per cent interest in its Indonesian subsidiary Bank CIMB-Nia-ga from Malaysia’s state agency Khazanah Nasional for RM1.7 billion (S$738
      BT FILE PHOTO  -  562 words
    • Article, Illustration
      Lock icon Sime’s shares fall 4.6% after H2 profit warning
      514 19  -  By Pauline Ng btworld@sph.com.sg Singapore SHARES of Sime Darby, which has shown its chief executive the door, fell by 4.6 per cent or 40 sen to RM8.25 yesterday, after the company revealed its second half performance would be marred by losses in
      514 words
    • Article
      Lock icon Maybank to apply for Indo dual-listing
      131 20 Reuters Kuala Lumpur MAYBANK said yesterday that it plans to apply for dual-listing in Indonesia when Jakarta implements rules for foreign companies to list there. “Thatisalistingthatweareexploring,” Abdul Wahid Omar, Maybank’s chief executive officer, told reporters after the bank’s EGM. “There are quite a number
      Reuters  -  131 words
    • Article
      Lock icon Senate revises financial revamp bill
      357 20 Proposals to cut reliance on credit rating agencies, cap card fees NYT Washington THE US Senate approved two initiatives on Thursday aimed at addressing the role that major credit rating agencies played in the 2008 financial collapse, including a proposal to end the reliance on
      NYT  -  357 words
    • Article
      Lock icon Obama a militant target
      137 20 Reuters Jakarta US President Barack Obama, who is due to visit Indonesia in June, was one of several suspected targets of Indonesian militants captured in police raids recently, a specialist on militants said yesterday. Police have arrested and killed several suspected jihadists during a series of
      Reuters  -  137 words
    • Article
      Lock icon India plans 500b rupee road fund
      381 21 Country doubling infrastructure spending to narrow gap with China Bloomberg AP New Delhi INDIA plans to set up a 500 billion rupee (S$15.3 billion) debt fund to build ports, roads and bridges needed to drive economic growth. “The modalities are being worked out,” Montek
      Bloomberg; AP  -  381 words
    • Article
      Lock icon M’sia to raise US$1.5b from Islamic bond sale
      155 21 Bloomberg Kuala Lumpur MALAYSIA may raise US$1-1.5 billion from the sale of dol-lar-denominated Islamic bonds, its first global offering in almost eight years, according to a finance ministry official. The country is raising less than originally planned as it needs fewer funds
      Bloomberg  -  155 words
    • Article
      Lock icon China’s Q1 current account surplus halved
      201 22 AFP Beijing CHINA’S current account surplus fell 48 per cent in the first quarter of 2010 from the same period last year, official data showed yesterday. The current account surplus the broadest measure of trade with the world reached US$40.9 billion in the first
      AFP  -  201 words
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      Lock icon Hong Kong’s economy grows 8.2% in Q1
      534 22 This is the fastest pace in four years, as exports and retail spending picked up Bloomberg Hong Kong HONG Kong’s economy expanded 8.2 per cent in the first quarter, the fastest pace in four years, as exports and retail spending rebounded from the
      Bloomberg; REUTERS  -  534 words
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      Lock icon Cross trade of KL, Thai shares coming
      178 22 Bloomberg Kuala Lumpur MALAYSIA will begin cross-trading shares with Thailand by the second half of next year in a regional drive to lure more overseas funds, the head of Malaysia’s exchange said. It will be followed by Singapore and the Philippines. “That’s the
      Bloomberg  -  178 words
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      172 20 p K y AS Biodynamig|/Vine7§% Masterclass A Toast To Great Taste Add a new dimension to your enjoyment of wine with a biodynamic label. As the rave reviews on the clarity and purity in taste attest, this is one trend that looks set to stay. Learn more about it with
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      1380 21 Guangzhao Industrial Forest Biotechnology Group Limited Registration No. *****5430G (Incorporated in the Republic of Singapore) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Annual General Meeting of Guangzhao Industrial Forest Biotechnology Group Limited (the "Company") will be held at Rendezvous Hotel Singapore, 9 Bras Brasah Road, Singapore
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  • SGX
    • Article
      Lock icon Transaction date: May 14
      8957 23 52-wks Tel Last Vol Day Last Quote Div GrYld Net M Cap High Low Code Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 18 5.5 3148 8Telecom 16 unch 1 16 16 16 16.5 1.7 11.3 5.1 76.6 10 5.5 5834 A-Sonic 7 unch
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      Lock icon SGX CATALIST
      1797 26 52-wks Tel Last Vol Day Last Quote Div GrYld Net M Cap High Low Code Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 10 5 1181 t AA Grp 6.5 6 8 36.1 6.3 25 12 8538 t APStrategic 18 unch 200 18 16.5 18 18.5
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      Lock icon SECURITIES TRADING SCOREBOARD
      186 26 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 5 10 3 0 0 0 5 10 3 Manufacturing 48 65 63 3 10 9 51 75 72 Commerce 12 25 27 3 3 6 15 28 33 Tpt/Stor/Comms 11 20 12
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      Lock icon BT SHARE INFORMATION SERVICE
      845 26 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS For week beginning May 10 Substantial Buy No of Price ———SHAREHOLDING Trans Shareholder/ Sell Shares Per Before After Stock Date Director Conv '000 Shr ('000) ('000) Aqua-Terra Supply 13-May-10 KS Energy Svcs Ltd Sell *****5 na *****5 54.81 0 0.00 SSH Corp Ltd
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      Lock icon SECURITIES TRADING TURNOVER
      123 26 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 17,457 17,457 52,427 52,427 Manufacturing 292,490 15,222 307,712 205,400 1,319 206,719 Commerce 81,098 3,546 84,644 88,726 636 89,362 Tpt/Stor/Comms 98,263 325 98,588 185,818 50 185,869 Finance 20,140 30 20,170 156,826 2 156,829 Construction 61,448 1,969
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  • MARKETS
    • Article, Illustration
      Lock icon STOCK MARKETS
      91 27 YTD change:-1.46% 52-week high: 3,037.97 on April 15,2010 52-week low: 2,094.50 on May 18,2009 Source: Bloomberg YTD change: -7.90% 52-week high: 23,099.50 on Nov 18,2009 52-week low: 16,334.30 on May 18,2009 Source: Bloomberg YTD change: +3.40% 52-week high: 11,258.00 on April 26,2010 52-week low: 8,087.19 on July 8,2009
      Source: Bloomberg  -  91 words
    • Article
      Lock icon MORGAN STANLEY CAPITAL INT'L INDICES
      365 27 In local curr In S$ In US$ dy yr dy yr dy yr May 13 Index Change Change Change Change Change Change World Index Preliminary 850.2 0.2 2.1 0.1 -2.4 0.0 -0.9 ‡EAFE Preliminary 779.5 0.8 -0.7 0.5 -8.8 0.3 -7.3 Europe Preliminary 1110.7 0.3
      365 words
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      Lock icon INTERBANK CURRENCY RATES
      154 27 May 14 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2352 1.2365 0.8940 0.8941 Canadian dollar 1.3483 1.3505 0.9758 0.9765 Euro 1.7284 1.7304 1.2509 1.2512 NZ dollar 0.9840 0.9858 0.7122 0.7128 Sterling pound 2.0089 2.0112 1.4539 1.4542
      154 words
    • Article
      Lock icon LIFFE
      77 27 May 13 COCOA (£/tonne) Close Prev High/Low May 10 2259 2265 2264/2250 Jul 10 2256 2287 2291/2252 Sep 10 2229 2261 2261/2226 Dec 10 2196 2227 2227/2190 COFFEE (US$/tonne) Close Pev High/Low May 10 1354 1368 1369/1360 Jul 10 1402 1408 1410/1396 Sep 10 1437 1441 1445/1431 SUGAR (US
      77 words
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      Lock icon CHICAGO BOT
      105 27 May 13 SOYBEANS (5,000 bu min; USc/60 lb bushels) Close Previous High/Low May 10 960.50 959.50 965.75 956.00 Jul 10 964.50 965.50 969.50 959.50 Aug 10 958.50 960.25 963.50 954.25 Sep 10 942.00 944.25 946.75 939.00 SOYBEAN/OIL (60,000 lbs; USc/lb) Close Previous High/Low May 10 37.80 39.16 38.03
      105 words
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      Lock icon PALM OIL
      68 27 May 14 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position May 10 2512 2512 2512 2512 226 257 Jun 10 2476 2470 2490 2470 1265 7803 Jul 10 2460 2456 2477 2455 7671 ***** Aug 10 2453 2447
      68 words
    • Article
      Lock icon OIL
      75 27 May 13 CRUDE US$/barrel (FOB origin) Close Change Brent blend (1-Mth F) 81.96 0.56 WTI (Near Mth) 74.10 -1.21 Dubai (1-Mth F) 81.42 0.33 Tapis blend 87.55 0.35 Minas 87.00 0.85 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 80.67 1.12 Jet Kerosene 92.50 1.50 US$/barrel Opec Oil Basket Price
      75 words
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      Lock icon LONDON METALS
      73 27 May 13 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2146.00 2090.50 3 months 2170.00 2121.00 Copper, Grade A (US$/tonne) Cash 7127.25 6989.25 3 months 7160.00 7025.00 Lead (US$/tonne) Cash 2035.00 2013.75 3 months 2065.00 2045.00 Nickel (US$/tonne) Close Previous Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne)
      73 words
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      Lock icon METALS
      66 27 May 14 GOLD (US$/oz) May 14 May 13 Hong Kong 1236.*****3.90 May 12 May 13 London 1236.*****8.45 1237.*****9.45 Source: Thomson Reuters SILVER Selling Buying Passbook 1 oz 26.80 26.58 Source: UOB PLATINUM Lon (US$/oz) May 13 Close Previous PM Fix 1728.*****3.00 AM Fix 1731.*****2.00 Source: Thomson Reuters PLATINUM NYMEX
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  • PERSPECTIVE
    • Article, Illustration
      Lock icon The power of vision
      1161 28 / 29  -  The success of Berkshire Hathaway and Singapore can be traced to their visionary leaders who work with winning teams. By Tan Seng Hock and Kee Koon Boon By Tan Seng Hock,Kee Koon Boon Tan Seng Hock is the Group CEO and CIO of Aegis Group of
      REUTERS  -  1,161 words
    • Article
      Lock icon Gulf oil spill a grim backdrop for climate bill
      790 28 / 29  -  By G Panicker panicker@sph.com.sg THERE couldn’t have been a grimmer backdrop for a bill to battle climate change in the US Senate on Wednesday. An oil well had been spewing thousands of barrels of crude into the sea and the slick
      790 words
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  • Wealth
    • WEALTH INVESTING
      • Article, Illustration
        Lock icon Don’t bother teaching kids financial literacy
        1233 30 / 31  -  Research shows that students in high school who have had a course in financial education are no more financially literate than those who never had such a course, says expert Genevieve Cua gen@sph.com.sg Personal Finance Editor THOSE who advocate teaching personal finance to children
        1,233 words
      • BROKERS' TAKE
        • Article
          Lock icon Wilmar International
          176 30 / 31 Outperform CIMB May 14 Close: $6.42 MAINTAIN Outperform and TP of $8.40 for Wilmar: During yesterday’s briefing, welearnt that: 1) the bulk of the group’s additional investments in quoted securities is in relatively safe and princi-pal-guaranteed banking products; 2) its China operation contributed 70 per cent to group
          176 words
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          Lock icon ComfortDelgro
          488 30 / 31  -  Compiled by Lynette Khoo Buy DMG Partners Securities May 14 Close: $1.49 Q1 FY10 results in line with ours and consensus expectations: ComfortDelGro reported Q1 FY10 PATMI of $54.3 million, up 3.4 per cent y-o-y (+0.4 per cent q-o-q) representing 24 per cent of our full year forecast of
          488 words
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        Lock icon Greek tragedy more like the Asian crisis
        1640 32  -  Certain factors show it’s unlikely to trigger anything as severe as the 2008 financial crisis wealth insights Shane Oliver Head of Investment Strategy AMP Capital Investors LATE April to early May saw the Greek debt debacle degenerate into a major crisis, with significant
        1,640 words
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        Lock icon The problem with common wisdom
        1073 33  -  When everyone ends up thinking the same way, the result such as the recent crisis is almost always disastrous show me the money Teh Hooi Ling hooiling@sph.com.sg Senior correspondent The writer is a CFA charterholder HERE’S an interesting perspective from Albert Einstein, a genius with
        REUTERS  -  1,073 words
    • WEALTH REAL ESTATE
      • Article
        Lock icon Househunt PROPERTY TRANSACTIONS FOR SELECTED DISTRICTS WITH CONTRACT DATES BETWEEN APRIL 14 AND 20,2010
        1074 34 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT-IN/LAND AREA*(SQ FT) PRICE (S$'000) PSF (S$) District 15 LANDED Goodman Rd 2-Det 14/04/2010 FH 8921 8800 986 Lyndhurst Grove 3-Sd 15/04/2010 FH 3223 4200 1303 Tembeling
        1,074 words
      • Article, Illustration
        Lock icon $16-22b in new home sales for 2010: CBRE
        481 35  -  Good chance of the luxury segment making a notable return in the later half of the year By Uma Shankari shankari@sph.com.sg THE total value of all new homes sold this year will amount to $16 billion-$22 billion as the property market sees
        YEN MENG JIIN  -  481 words
      • Article, Illustration
        Lock icon Singapore’s busiest architecture firms awarded
        309 35  -  By Uma Shankari shankari@sph.com.sg SINGAPORE’S 10 most-active architectural firms were presented with awards last night by construction consultancy BCI Asia. The portfolios of these firms include US$6.3 billion of projects scheduled to start here this year. The BCI Asia Top 10 Awards for 2010 were
        ST FILE PHOTO  -  309 words
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      63 34 Featuring the Quality Homes Collection The Trizori. Beyond Excitement, Beyond Words. For enquiries: Kelvin Tan 9693 0383, KTan@savills.com.sg or Gladis Heng 9387 4624, GHeng@savills.com.sg To arrange for an appointment to view our show unit, please call 6836 3338 or search with us at Savills has more than 200 offices and
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      95 36 M 4UDEMARS PlGUET Le maitre de I'horlogerie depuis 1875 .1 SKI r-' S3 l&L b-:> Ufi M «l 3 I ®i V\S im &SS is I S? lV j7V'. 81 3 if KA ■i—. w as A S/j I M l f v V 3 7 t ■v-. M Ss
      95 words
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      49 1 LivingTHEBUSINESSTIMESWEEKEND|MAY15-*****0BTTHE BUSINESS TIMES WEEKEND MAY 15-16 2010 DESTINATION DINING Michelin Yorkshire L5-7 SHOPPING Once upon a gem L8-9 TRAVEL The Emerald City L12-13 GADGETS Going all out L14 FINE DINING The kaiseki club L2-4 GOLF On the comeback trail L17 MOTORING Maxi fun at Mini fest L19 PHOTO: JOHN
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  • BT Living
    • DINING
      • FINE DINING
        • Article, Illustration
          Lock icon Goto Japanese Restaurant
          861 2/3  -  The rarefied world of Japanese kaiseki has never been something easily replicated outside of its own country. Particularly in Singapore, where the voracious local appetite for Japanese food is focused mainly on sushi and sashimi (with the most indulgent treat being the full-blown omakase) or the ramen
          861 words
        • Article, Illustration
          Lock icon Ooi Japanese Dining
          672 2/3  -  By Geoffrey Eu btnews@sph.com.sg #B1-28 Cuppage Plaza Tel: 6737 4929 Open 6pm to midnight, last order 11pm Monday to Saturday, closed Sunday Nowhere is the culinary world’s preoccupation with the provenance of ingredients more apparent than in a kaiseki mul-ti-course Japanese meal, where the precise source of
          GOTO PHOTO BY ARTHUR LEE OOI, KEYAKI PHOTOS BY JOHN HENG  -  672 words
        • Article, Illustration
          Lock icon Keyaki
          673 2/3  -  By Audrey Phoon Level 4, Pan Pacific Singapore, 7 Raffles Boulevard ?6826 8240 ENVIRONMENT makes up half the kaiseki experience, which is why Kyoto with its tran- quil old temples and gardens is home to thecuisine.It’s atoughatmosphere toreplicate, but one restaurant has for years been providing locals with a
          673 words
        • Article, Illustration
          Lock icon Au Jardin
          433 4  -  By Jaime Ee jaime@sph.com.sg EJH Corner House, Botanic Gardens ?6466 8812 WITHIN its old-world colonial surroundings and French-in-spired menu, it may be hard to imagine that inside the kitchen of the stately Au Jardin is a kaiseki chef itching to get out. Chef Galvin Lim, who has been
          PHOTOS BY YEN MENG JIIN  -  433 words
      • Article, Illustration
        Lock icon For $750, you could also eat...
        594 4  -  By Audrey Phoon aphoon@sph.com.sg ONE can quite easily see how a Japanese meal can hit the $750 mark, what with Nipponese delicacies like beef from sake-fed massaged cows and painstakingly grown cube-shaped melons on hand to drive up prices. But what about the cuisines
        594 words
    • DESTINATION DINING
      • Shire ecstasy
        • Article, Illustration
          Lock icon Andrew Pern of The Star Inn
          752 5  -  Melissa Lwee talks to six of Yorkshire’s top chefs who have turned this picturesque part of the UK into a gastronomic destination Melissa Lwee Harome (Near Helmsley), North Yorkshire, YO62 5JE ?+44 1439 *****7 OF all the Michelin-starred restaurants in Yorkshire, The Star Inn
          752 words
        • Article, Illustration
          Lock icon Tessa Bramley of The Old Vicarage
          718 5 Ridgeway Village, Sheffield, S12 3XW ?+44 1142 *****4 THERE is something enlightening about Tessa Bramley’s presence her enthusiasm for fresh local produce knows no bounds. It’s the way her face lights up when she describes the smell of fresh strawberries warmed by the sun;
          718 words
        • Article, Illustration
          Lock icon Frances Atkins of The Yorke Arms
          389 6 / 7 Broad Carr Road, Ramsgill-in-Nidderdale, Pateley Bridge, North Yorkshire, HG3 5RL ?+44 1423 *****3 FRANCES Atkins is not a chef who believes in signature dishes. Sure, she admits that there are “certain classics that always make the menu”, but she prefers to let the seasons
          389 words
        • Article, Illustration
          Lock icon Steve Smith of The Burlington
          505 6 / 7 Devonshire Arms Bolton, Abbey, Skipton, North Yorkshire BD23 6AJ ?+44 1756 *****1 STEVE Smith has been described by some of his peers as “one of the most intelligent chefs around”, and upon meeting him and sampling his cooking, it’s hard not to agree. The chef
          505 words
        • Article, Illustration
          Lock icon Simon Gueller of Box Tree Restaurant
          739 6 / 7 Church Street, Ilkley, LS29 9DR ?+44 1943 *****4 IT is not everyday that you find a Miche-lin-starred chef who is not aiming for a second one, but then again, it is not everyday that you meet a chef like Simon Gueller, who, in many
          739 words
        • Article, Illustration
          Lock icon Simon Crannage of Samuel's Restaurant
          550 6 / 7 Swinton Park, Masham, Ripon, North Yorkshire, HG4 4JH ?+44 1765 *****0 ALTHOUGH Samuel’s Restaurant is the only one amongst this list that does not boast a Michelin star, the 3AA Rosette restaurant makes up for its lack of recognition with its passion for seasonal and
          550 words
      • Article
        Lock icon wine & dine with BTWeekend
        995 6 / 7 wine dine with BTWeekend Chatterbox Level 5 Mandarin Orchard Singapore 333 Orchard Road ?6831-6288 Home to the signature Mandarin Chicken Rice, Chatterbox is an iconic coffee house renowned for its Asian local delights and Western favourites. Most recently, Chatterbox opened its new premises on Level 5 of the hotel with
        995 words
    • SHOPPING
      • Article, Illustration
        Lock icon Once upon a gem
        1016 8 / 9  -  fairytale treasures. Three storied jewellers, and their fabulous fairytale treasures. By Audrey Phoon aphoon@sph.com.sg tHIS is a story of the rise and fall of fortunes; of fantastical golden eggs, Firebirds and Caspian Sea serpents. It begins once upon a time, nearly 170 years ago, and, like
        1,016 words
      • Article, Illustration
        Lock icon Leviev
        767 8 / 9  -  By Corinne Kerk TIFFANY, Cartier, Harry Winston, Bulgari and Van Cleef Arpels. These are some of the luxury jewellery brands that Singaporeans are familiar with. But Leviev? Not many would have heard of it. Those who recognise the name are more likely to come from the jewellery trade, as
        767 words
      • Article, Illustration
        Lock icon Boucheron
        326 8 / 9  -  By Corinne Kerk VALENTINE’S Day is long over, and Mother’s Day has just gone by. But Christmas, meanwhile, is still on the horizon, and could, with a bit of luck, work as the perfect excuse to check out the high jewellery that Boucheron has brought to town. As is
        326 words
    • TRAVEL
      • Article, Illustration
        Lock icon A multi-faceted Emerald City
        1226 12 / 13  -  Seattle surprises with architectural wonders, hipster hang-outs and a deep-seated grunge culture scene. By Emilyn Ang By Emilyn Ang btnews@sph.com.sg DESPITE being home to stoic global corporations such as Microsoft and Starbucks, Seattle surprises with architectural wonders, hipster hang-outs and a deep-seat-ed grunge culture scene. Where
        LEVY SHECKLER; JOHN MARSHALL MANTEL; EMILYN ANG; CHRISTOPHER NELSON; TIM THOMPSON  -  1,226 words
    • GADGETS
      • Article, Illustration
        Lock icon GOING ALL OUT
        663 14  -  LG uses sweet bundles to entice consumers at the launch of its new 3D TVs. By Christopher Lim By Christopher Lim limchris@sph.com.sg SAMSUNG may have been the first to market here with 3D TVs, but fellow South Korean manufacturer LG is determined to show it isn’t second
        663 words
    • HEALTH
      • Article, Illustration
        Lock icon You are what you eat
        956 15  -  Naturally occurring plant sterols fool the body into getting rid of ‘bad’ cholesterol. By Audrey Ho By Audrey Ho btnews@sph.com.sg FOR the past 50 years, scientists have been assembling evidence that plant sterols, or phytosterols, have a significant cholesterol-lowering effect. And since all of us
        PHOTOS: STOCK.XCHNG, REUTERS  -  956 words
    • SPORT
      • Article, Illustration
        Lock icon Pacman to fight one last bout
        602 16  -  no holds barred Lee U-Wen leeuwen@sph.com.sg Acting Deputy Foreign Editor WHAT a day it was for Manny Pacquiao yesterday. Not only was the Filipino boxing icon elected as a congressman, his mother also gave him the green light to compete in one final match
        AFP  -  602 words
      • Article, Illustration
        Lock icon Football as a metaphor for the world
        553 16  -  By Lee U-Wen leeuwen@sph.com.sg WHILE football is a sport that is enjoyed by people everywhere, it has yet to be treated seriously as a subject in a major theatre production. That was the driving force behind the upcoming play Football! Football! which aims
        553 words
    • GOLF
      • Article, Illustration
        Lock icon On the Comeback Trail
        1161 17  -  After nine months away from competitive golf recuperating from back surgery, Grace Park is back and hungrier than ever to win again. By Justine Moss By Justine Moss btnews@sph.com.sg EVEN as the golfing world bids adieu to top player Lorena Ochoa, it welcomes back a popular
        AFP  -  1,161 words
    • MOTORING
      • Article, Illustration
        Lock icon SAFETY FIRST
        881 18  -  Volvo cars may be synonymous with safety, but the carmaker continues to work towards its vision that no one should die or suffer serious injury in a new Volvo. By CY Chew Volvo.By CY Chew btnews@sph.com.sg SAFETY is necessary but it is not glamorous. After all, how often
        881 words
      • Article, Illustration
        Lock icon Maximum fun at Mini festival
        413 19  -  This weekend’s Minifesto gives fans a chance to get up close to the iconic car. By Samuel Ee By Samuel Ee THE F1 Pit Building will resound with the squeal of tyres and delighted Mini drivers at this weekend’s Minifesto 2010. Minifesto is Singapore’s first
        413 words
      • Article, Illustration
        Lock icon Special Mini editions on offer
        399 19 APART from driving fun, Minifesto 2010 is also the venue for the launch of three very special Mini models. There will be two Singapore-only Mini variants, plus a limited edition Mini Cooper S. The latter is the Mini John Cooper Works World Championship 50, a
        399 words
      • Article, Illustration
        Lock icon Traffic jam in Monaco?
        620 20  -  Road hogs and the principality’s narrow streets will make for a very tight squeeze on the track.By Samuel Ee f1 watch track.By Samuel Ee samuelee@sph.com.sg EVERYONE knows that the streets of Monte Carlo are tight but could there be a massive traffic jam at tomorrow’s Grand
        AFP; REUTERS  -  620 words
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