The Business Times, 4 June 2010
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2010-06-04
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The Business Times
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Title Section23 2010-06-04 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|Sl A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 123/08/2009 Friday, June 4,23 words
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Article, Illustration887 2010-06-04 1 KALPANA RASHIWALA - A higher proportion of them are profitable and the gains have shot up, too By KALPANA RASHIWALA [SINGAPORE] Subsales are becoming more and more profitable. At the low point of the market in the first quarter of 2009, only 67.5 per cent of theSource: URA Realis, Savills Research & Consultancy. Data extracted on May 12,2010 - 887 words
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Article, Illustration682 2010-06-04 1 CHEN HUIFEN - City Harvest workers earned an average of $62,000 a year By CHEN HUIFEN [SINGAPORE] It was business as usual at the Ed Hardy outlet at The Heeren, where funky T-shirts and jeans with loud and colourful prints are being sold at682 words
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Article141 2010-06-04 1 ST INDEX 2,793.47 (+65.90) ST INDEX FUTURES 2,793 (+65) SIMSCI 330.13 (+7.89) SIMSCI FUTURES 329.60 (+6.60) FOREX US$ S$ US$ (S$ per US$) 1.401 (US$/S$ per 1.469 2.058 EURO (US$/S$/E) 1.230 1.723 Foreign currency per US$ S$ YEN 92.60 66.10 RM 3.268 2.332 HK$ 7.791 5.560 BAHT 32.58141 words
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Advertisement48 2010-06-04 1 LEGAL TUSSLE Malaysia’s Naza Group may risk break-up PAGE 4 WINE Building a stable of top wine houses PAGE 32 STOCKS SGX invests to boost trading speed PAGE 2 FESTIVALS AROUND THE WORLD Russian Victory Day celebrations PAGE 27 EXECUTIVE LIFESTYLE When adventure is big business PAGE 2648 words
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Advertisement137 2010-06-04 1 La/lie/' v «a £s2 0 R 1 i S kin i»ia SFEI CALIBRE DE CARTIER 1904 MC MANUFACTURE MOVEMENT AS ITS NAME SUGGESTS, THE CALIBRE 1904 MC IS THE EMBODIMENT OF A CENTURY OF CARTER'S PASSION FOR TECHNICAL EXCELLENCE. FEATURING AN AUTOMATIC MOVEMENT CREATED, DEVELOPED AND MANUFACTURED BY CARTIER, TH137 words
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Advertisement8 2010-06-04 1 Making a quick killing from subsales, Page 48 words
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TOP STORIES
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Article, Illustration717 2010-06-04 2 LYNETTE KHOO - $250m plan includes new trading engine, data centres in NY, Chicago, London By LYNETTE KHOO [SINGAPORE] The Singapore Exchange (SGX) is investing $250 million in a new initiative to boost trading speeds and enhance connectivity with global financial markets. This comprises $70 millionLIANHE ZAOBAO - 717 words
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305 2010-06-04 2 VEN SREENIVASAN - Move said to be part of global staff restructuring By VEN SREENIVASAN [SINGAPORE] Air India yesterday laid off 17 of its employees at its Singapore office in what could be part of a worldwide staffing restructuring following several years of losses305 words
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Article62 2010-06-04 2 IN the report “Navis makes takeover offer for Eng Kong” (BT, June 3), we said Navis intends to exercise its right of compulsory acquisition if it gains control of less than 90 per cent of Eng Kong’s shares. Navis will actually do so if it acquires not less than62 words
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Article749 2010-06-04 2 MICHELLE QUAH - Bankers value AIA at US$32b to US$36b for Hong Kong IPO By MICHELLE QUAH [SINGAPORE] The dust won’t be settling on Prudential’s failed attempt to take over AIA any time soon, with fresh turmoil threatening to kick it up again. Calls are increasing for Prudential749 words
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560 2010-06-04 2 VEN SREENIVASAN - Performance of airlines in all regions has improved: Iata By VEN SREENIVASAN [SINGAPORE] Airline share prices, particularly in Europe, were hit hard in May by the damage done by European airspace closures associated with the volcanic ash plume and also560 words
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Article582 2010-06-04 2 Subsales become big money-spinners in 2010 SUBSALES are becoming more and more profitable. At the low-point of the market in the first quarter of 2009, only 67.5 per cent of the subsales of private apartments and condos yielded a profit. That proportion grew to 95.1 per cent in582 words
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653 2010-06-04 4 S JAYASANKARAN - Dead founder’s second wife is suing his first wife for a share of his estate, estimated at over RM3b By S JAYASANKARAN ONE of Malaysia’s largest local auto and property companies could be heading for a break up. Yesterday, Rokiah Abdullah, the653 words
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593 2010-06-04 4 ANTHONY ROWLEY - Naoto Kan seen as favouring weaker yen, fiscally hawkish By ANTHONY ROWLEY FINANCIAL markets began acting yesterday on the assumption that Japan’s fiscally hawkish and weaker yen-favouring Finance Minister Naoto Kan would likely emerge victorious in today’s contest for the country’s593 words
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667 2010-06-04 4 KALPANA RASHIWALA - Many had owned units for less than a year before they sold them for profit By KALPANA RASHIWALA [SINGAPORE] Nearly a quarter of those who profitably disposed of a condo or private apartment in the subsale market in the first four months of this667 words
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Article511 2010-06-04 4 ROB COX - ■■I— iews^^m By ROB COX BP’S DEEPWATER debacle is shaping up as Lehman Brothers in the oil patch. The toxic ingredients that led to that Wall Street firm’s implosion are abundantly present in the British energy giant’s Gulf of Mexico fiasco: flawed risk management, systemic hazard511 words
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Advertisement221 2010-06-04 3 ORCHARD! SCOTTS Winner of the FIABCI Prix d'Excellence Award 2009 tf 1 1 ✓'I Ml I ffl nil v >- rJi. _l- Jam > HI r at e fc:^r^ M 5 e T-I II BS 3 S a^K r .JBwff i• 4agHMP*2ta The luxury of space In the heart of221 words
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Advertisement62 2010-06-04 4 www.hybridmotors.com.sg First Class Travel A journey of 6-Star relaxation begins as you enter the lush spaciousness of ALPHARD HoyaCCounge from Hybrid Motors. Indulge in the extravagance of capacious power seats, bathed in ambient interior lighting, and slip into silent contemplation. hybrid M MOTORS Luxury MPV SUV HYBRID 1 ALPHARD HoyaCLounae62 words
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Advertisement100 2010-06-04 5 ■a .1 DESIGNED WITH ONE THING IN MIND. THE PEOPLE WHO INHABIT IT MGPA Every line. Every curve. Every recess. Every hollow. Every panel. Every window. Every fabric. Every door. Every bench. Every tree. Every space. Every square inch of Asia Square has been designed with one thing in mind.100 words
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COMPANY NEWS
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790 2010-06-04 6 JOYCE HOOI - HOCK LOCK SIEW By JOYCE HOOI AT GENERAL Magnetics’ first AGM as an unlisted firm last week, one would have thought that one had blundered into the Enron building by accident, so large was the outpouring of outrage by shareholders. General Magnetics, which was listed790 words
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417 2010-06-04 6 GLENN CHEE - Firm has applied for 12-month extension to exit watch-list By GLENN CHEE ROTOL Singapore, which has been on the Singapore Exchange (SGX) watch-list since June 4, 2008, has received notice from the exchange to delist by June 30. The company said417 words
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171 2010-06-04 6 NISHA RAMCHANDANI - By NISHA RAMCHANDANI GENTING Singapore has awarded 19.34 million shares to selected directors and employees under the approved Genting Singapore performance share scheme (PSS). Using the counter’s closing price of $1.05 yesterday as a gauge, the shares are worth some $20.31 million. “The vesting of171 words
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213 2010-06-04 6 A MERMAID Maritime subsidiary has secured a contract from Chevron Indonesia Company to provide drilling and related services for the latter’s offshore oil and gas fields in Indonesia. The subsidiary, MTR-2 Limited, is slated to provide the service for about nine months, according to the213 words
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Article, Illustration275 2010-06-04 6 JOYCE HOOI - Shipping firm’s move is latest in bid to improve competitiveness By JOYCE HOOI SOUTH Korean shipping company STX Pan Ocean, which is listed on the Singapore Exchange mainboard, has been gearing up its competitiveness. In its latest such move, STX said yesterday thatBLOOMBERG - 275 words
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Article, Illustration400 2010-06-04 7 CHAN YUPING - Deal to construct Centennia Suites, a 36-storey development in River Valley area, which houses 97 units By CHAN YUPING CONSTRUCTION and property group KSH Holdings has won a $70.6 million residential development construction contract, its second residential project from the Lippo Group. The contract,400 words
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561 2010-06-04 7 LYNETTE KHOO - It says unit has all requisite permits, licences; in dialogue with Thai authority By LYNETTE KHOO RAFFLES Education Corp (REC) yesterday sought to clear the air surrounding news reports that claimed its unit in Bangkok had run afoul of the law. It561 words
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233 2010-06-04 7 RENEWABLE energy company China Enersave has posted a substantially lower net loss of $381,000 for its first quarter ended March 31 against a net loss of almost $8 million a year earlier when it suffered a deficit of $8.7 million from discontinued activities. Revenue in233 words
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Article, Illustration808 2010-06-04 9 They may have miscalculated Khazanah’s interest in S’pore firm Reuters [MUMBAI] This time, the surprise is on Malvinder Singh. Two years ago, Mr Singh and his brother, Shivinder, sold their controlling stake in Ranbaxy Laboratories, a leading Indian drug maker built by theirReuters; REUTERS - 808 words
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COMPANY BRIEFS
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Article73 2010-06-04 9 NOBLE Group has signed a mandate letter to restate and amend its existing US$800 million committed guarantee facility to raise the size to US$1.2 billion, extend the maturity to July 2012 and July 2013, and amend the margin and fee structure. Its mandated lead arrangers73 words
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60 2010-06-04 9 INFINIO Group subsidiary Broadband Network Systems Ltd (BNS) will collaborate with Beijing’s largest media group to capture China’s TV and online shopping market, said to be worth US$8.2 billion. Infinio’s unit together with Beijing All Media Culture Group (BAMC) will jointly deploy interactive60 words
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47 2010-06-04 9 PARKWAY director Ho Kian Guan has exercised share options/convertibles for 225,000 shares, which raised his direct stake in the company from 0.1482 per cent to 0.1681 per cent, representing about 1.9 million shares. Parkway’s shares closed four cents higher yesterday at $3.70.47 words
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198 2010-06-04 9 THE Singapore Exchange (SGX) will review whether Eastgate Technology has met requirements for removal from the watch-list after the announcement of its FY2010 results. Eastgate, which was placed on the SGX watch-list on June 4, 2008, said yesterday the SGX had on June 3 issued198 words
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Advertisement63 2010-06-04 6 my office my home Conserved shophouses with 6-storey new extension in historic location 24 boutique SOHO offices 549 1808sf, with ensuite shower Varenna Kitchenette, Miele Applicances American Oak Timber Flooring STRATA OFFICES FOR SALE LIMITED UNITS RAY Exclusive Marketing Agents 9699 6659 Jeannie 9223 9317 Patrick il V KB I63 words
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Advertisement51 2010-06-04 7 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 CCTO nncc iiii.iimjHi oo/o51 words
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Advertisement154 2010-06-04 7 (jy\fo\nrtM&dL r v-r.. r£"V tri ;>_--• W *~3 X a; v VrfK V „<<«■ IKT v "/y 7 i x X 9^ V S K 9 VI N J 0 J With the Continental Supersports Convertible, extreme driving opens up to a whole new level. Indulge in a show of154 words
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SINGAPORE MARKETS
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Article, Illustration580 2010-06-04 8 R SIVANITHY - Index jumps 2.4 per cent in tandem with other bourses in the region STOCKS R SIVANITHY Senior Correspondent ANOVERNIGHTbounceonWallStreet that led to a firm opening across Europe yesterday sparked a 65.9-point rise in the Straits Times Index to 2,793.47. Elsewhere in the region, Hong Kong’sSource: Bloomberg - 580 words
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Article66 2010-06-04 8 Jun 3 VALUE CLOSE BT OB/OS -277.00 +635.0 BT CADI -*****.00 +277.0 BT 10-day MA -*****.00 -28.00 FTSE ST Mid Cap 672.59 +12.62 FTSE ST Small Cap 513.81 +13.55 FTSE ST All Share 687.78 +15.82 FTSE ST China Top 255.07 +6.13 FTSE ST China 286.09 +6.26 FTSE66 words
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Article59 2010-06-04 8 VOLUME Genting SP 118,387,000 GMG Global 66,420,000 Golden Agri 66,106,000 Baker Tech 48,078,000 Cosco Corp 39,396,000 Centillion 36,794,000 Z-Obee Hldgs 34,549,000 Noble Grp 34,279,000 UPP 31,049,000 Yangzijiang 24,915,000 VALUE($) Genting SP 125,135,030 UOB 120,161,920 DBS Grp 72,747,840 OCBC Bk 66,908,180 Noble Grp 62,518,440 Cosco Corp 54,806,450 Keppel59 words
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Article186 2010-06-04 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 12 0 4 0 0 0 12 0 4 Manufacturing 92 19 62 7 3 16 99 22 78 Commerce 37 6 19 6 3 1 43 9 20 Tpt/Stor/Comms 31 3 6186 words
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BROKERS’ TAKE
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Article, Illustration203 2010-06-04 8 June 3 close: S$1.40 CIMB, June 3 THE news: Cosco’s Dalian shipyard has secured two contracts worth more than US$100 million to repair and convert two large crude carrier tankers to floating production, storage and offloading units (FPSOs) for a Japanese and a European owner. Both FPSOs willSource: Bloomberg - 203 words
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Article, Illustration158 2010-06-04 8 June 3 close: S$1.89 DMG Partners Securities, June 3 THE news: China Fishery Group (CFG) announced that it has decided to postpone the proposed secondary listing of its shares on the Oslo Bors of Norway, due to the acquisition of two fishmeal operations in Peru, and is consideringSource: Bloomberg - 158 words
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Article456 2010-06-04 8 LYNETTE KHOO - June 3 close: S$8.63 Kim Eng Securities, June 3 Compiled by LYNETTE KHOO WHAT’S new: Keppel Green Trust’s (KGT) listing price has been set at S$1.13 per unit. Keppel Corp projects distribution per unit (DPU) of 3.91 cents for the remainder of FY10 and 7.82 cents for FY11.456 words
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Article121 2010-06-04 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 21,310 21,310 75,929 75,929 Manufacturing 375,714 9,599 385,313 232,583 499 233,082 Commerce 105,947 10,103 116,050 137,594 3,001 140,595 Tpt/Stor/Comms 126,913 255 127,168 202,292 21 202,313 Finance 29,302 29,302 302,740 302,740 Construction 30,118 7,120 37,238 5,475121 words
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Article114 2010-06-04 8 Stock name Close Change CapMallsAsia 2.140 +0.030 CapitaLand 3.600 +0.090 CapitaMall 1.870 +0.010 CityDev 10.500 +0.260 ComfortDelGro 1.410 +0.010 DBS Grp 13.680 +0.160 F&N 4.900 +0.100 Genting SP 1.050 +0.020 Golden Agri 0.505 +0.005 HK Land 5.080 +0.140 JMH 36.100 +1.100 JSH 20.800 +0.600 Jardine C&C114 words
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Article, Illustration462 2010-06-04 8 CURRENCIES Reuters [NEW YORK] The yen fell broadly yesterday as renewed appetite for risk in global markets and political uncertainty in Japan weighed on the currency. Speculation that there would be a strong reading of US jobs data due today prompted demand for riskierReuters; AP - 462 words
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Article115 2010-06-04 8 BY CENTS CLOSE UP DBXT Nifty 10US$ ***** 357.1 2.4 DBXT MSKorea 10US$ 4477 235.3 3.9 JMH 3610 154.1 3.1 DBXT MSAsExJp 10US$ 2649 93.8 2.6 Lyxor Europe 10 US$ 1098 92.4 6.4 WesTech 280 90.0 47.4 JSH 2080 84.0 3.0 Westech Elec 10 250 80.0 47.1 Lyxor India115 words
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Article128 2010-06-04 8 BY CENTS CLOSE DOWN DBXT AUDMM 5SG$ *****-632.0 -2.8 DBXT S&P Short 10US$ 5314-243.7 -3.2 OCBC Bk 5.1%NCPS 100 *****-190.0 -1.8 OCBC Bk 4.5%NCPS 100 9970-150.0 -1.5 DBXT DBLCI-OY 5US$ 3115 -64.4 -1.5 DBXT DJSTGLDv 10US$ 2648 -21.0 -0.6 Isetan 325 -20.0 -5.8 Wilmar.ES.1006 566 -13.0 -2.2 STI 3000BNPePW*****9128 words
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Article87 2010-06-04 8 Jun 3 CHNG YR 2010 CLOSE FR Jun 2 S$ LOW S$ HIGH US$ 1.4013 0.61 1.4219 1.3680 Euro 1.7236 0.11 2.0153 1.7060 Pounds 2.0603 0.53 2.2831 2.0003 A$ 1.1930 -1.62 1.2960 1.1515 Yen* 1.5118 1.72 1.5927 1.4467 Rupiah* 0.***** 0.28 0.***** 0.***** Baht* 4.3016 0.5287 words
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Advertisement58 2010-06-04 9 (re)imagine booking a courier, a game of golf, a table for two (through a dedicated concierge) living and entertaining at home in style (with hired housekeeping and hospitality services from Mandarin Orchard Singapore) the convenience of urban orchard living f k N TwiinPeaks DEVELOPER qp Cove Development Pte Ltd sales58 words
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SINGAPORE NEWS
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350 2010-06-04 10 NISHA RAMCHANDANI - Perth, HK and S’pore are ranked highly by investors, says Jones Lang LaSalle Hotels By NISHA RAMCHANDANI SALES of hotels in the Asia-Pacific have surpassed that in the Americas for the first time, as investors flock to the region, according to a study. The350 words
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162 2010-06-04 10 THE Urban Redevelopment Authority (URA) yesterday said that it has sold three land parcels of heavy vehicle parks at Bukit Batok West Avenue 5 and Senoko Drive through a public auction. The 15,600 square metres heavy vehicle park site at Bukit Batok162 words
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Article, Illustration289 2010-06-04 10 The matches include the two semis and the final on July 12 THE anger of local football fans over the recent World Cup price hike could be somewhat soothed by the fact that four key matches will be shown at no cost onAP - 289 words
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SINGAPORE ROUNDUP
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55 2010-06-04 10 BIOTECH company ImaginAb has tied up a research collaboration agreement with the Agency for Science, Technology and Research (A*Star) to jointly develop a recombinant antibody fragment for diagnostic imaging. Led by A*Star’s chief scientist Professor David Lane, the collaboration will tap cutting-edge imaging technologies55 words
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56 2010-06-04 10 TALENT management company Korn/Ferry International has appointed Alicia Yi as managing director for strategic client services in Singapore. She will lead and develop the consumer market here while engaging global and regional clients to build their leadership teams. She will also co-head Korn/Ferry’s human resources56 words
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36 2010-06-04 10 HSBC Insurance has appointed Walter de Oude as its chief executive in Singapore. He takes the reins from Paul Arrowsmith, who has been appointed chairman of HSBC Insurance in Singapore.36 words
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Article, Illustration268 2010-06-04 10 SINGAPORE and the Republic of Korea will sign a Memorandum of Understanding (MOU) at the Istana tomorrow that will expand the two countries’ joint provision of human resource assistance to third world countries, the Ministry of Foreign Affairs (MFA) said. The MOUBT FILE PHOTO, AP - 268 words
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Article, Illustration218 2010-06-04 10 THE HDB has announced that as of April 30, 20,258 owners have registered their subletting of homes with HDB. This figure includes those with tenancies commencing before and after Feb 1, 2010. On Jan 12 this year, HDB announced that with effect from FebBT FILE PHOTO - 218 words
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188 2010-06-04 10 SINGAPORE’S first-ever consumer electronics mission to Moscow has resulted in promising sales projections of about US$50 million over the next year by delegates. The three-day mission in April led by International Enterprise Singapore (IE) allowed local companies to both get a feel of the188 words
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Advertisement11 2010-06-04 10 JERRY LUM Marketing Director, MBA, CES TdTHP+65 8288 0098 http://jerrylum.myweb.sg/ MA11 words
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ECONOMY WATCH
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Article486 2010-06-04 11 Reuters [BEIJING] China’s yuan currency should be looked at as part of a host of global imbalances which needs to be dealt with and will be discussed at this week’s G-20 meeting, British finance minister George Osborne said yesterday. China came under renewed pressureReuters - 486 words
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Article, Illustration835 2010-06-04 11 Reuters [BRUSSELS] French-in-spired plans to create an “economic government” for the eurozone took a step forward on Wednesday when European Council president Herman Van Rompuy threw his weight behind the idea. The move raised pressure on Germany, Europe’s biggest economy and chief crusaderReuters; AFP - 835 words
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Article, Illustration589 2010-06-04 11 It says Korea talks unlikely to produce consensus on global tax on large banks NYT [WASHINGTON] US Treasury Secretary Timothy Geithner said on Wednesday that the United States would urge the world’s largest economies to pursue a financial overhaul agenda thatNYT; AP - 589 words
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291 2010-06-04 11 Without it, debt woes would be much harder to resolve AFP [BUSAN] The head of the International Monetary Fund said that the world economic recovery now underway remains fragile and called for efforts to stimulate growth to resolve Europe’s debt problems. IMF managing director DominiqueAFP - 291 words
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356 2010-06-04 11 Reuters [WAKAYAMA] Bank of Japan policy board member Miyako Suda said that she was focusing on downside risks to Japan’s economy even as it recovers, warning that the market turmoil triggered by Europe’s debt woes could hurt growth. Ms Suda, a former economicsReuters - 356 words
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Advertisement54 2010-06-04 11 OC BUILDING 1 Chang Charn Road, off Leng Kee Road Quality business space 6 storeys of brand new high-tech building Ample car parking lots Short drive to Orchard Road Efficient floor plate of 15,000 sq ft fir. sub-divisible 3 minutes walk to Redhill MRT station Call Orchard Credit Men Fri:54 words
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MALAYSIA/INDONESIA
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518 2010-06-04 12 LEE U-WEN - Former transport minister Ong Tee Keat pledges smooth handover By LEE U-WEN [SINGAPORE] His sudden fall from grace has been described by some as nothing short of spectacular, but Ong Tee Keat is determined to bow out of the Malaysian Cabinet as honourably as518 words
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Article, Illustration446 2010-06-04 12 Central bank plays down impact of eurozone debt crisis Reuters [JAKARTA] Indonesia’s central bank left its key interest rate unchanged at a record-low 6.5 per cent as expected yesterday, and played down the potential for the eurozone debt crisis to hurt South-east Asia’sReuters; BLOOMBERG - 446 words
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Article, Illustration466 2010-06-04 12 Bloomberg [JAKARTA] Indonesia has a “good” outlook due to its resources and large population, putting the nation in a favourable position to attract investment, Templeton Asset Management Ltd’s Mark Mobius said. “Overall we have a positive take on investment opportunities there,” Mr Mobius, whoBloomberg; REUTERS - 466 words
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Advertisement433 2010-06-04 12 WINE DINE AND HOSPITALITY 28 MAY-25 JULY 2010 FAIRMONT SINGAPORE GOES "ON SALE" AT GREAT SINGAPORE SALE v S?NWoee20»0 YOUTH- Olympic, SINGAPORE OFFICIAL HOTEL PARTNER Unlock our treasure chest of epicurean and pampering treats, designed to quench every shopaholic's longing for the finest finer things in life experiences. DIVINE EPICUREAN433 words
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GREATER CHINA/INDIA
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747 2010-06-04 13 As revenues from land sales dry up, local governments may default Reuters [SHANGHAI] Chinese banks could be headed for a crisis similar in some ways to what their Wall Street counterparts faced two years ago, as a chunk of the US$1 trillionReuters - 747 words
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Article, Illustration667 2010-06-04 13 AP [TAIPEI] Taiwanese President Ma Ying-jeou is facing domestic and Chinese hurdles in his pursuit of a key China trade pact that could bring about the closest relations between the longtime rivals since their split amid civil war in 1949. Recent publicAP; REUTERS - 667 words
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342 2010-06-04 13 Aim is to arrest a sharp fall in local prices of sugar Reuters [NEW DELHI] India may impose an import tax of at least 40 per cent on white sugar to arrest a sharp fall in local prices of the sweetener, industryReuters - 342 words
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475 2010-06-04 13 Central bank might go for further monetary tightening Reuters [NEW DELHI] India’s food and fuel price inflation quickened in late-May, putting upside pressure on the wholesale price index that could prompt further monetary tightening by the central bank. The food price indexReuters - 475 words
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Advertisement15 2010-06-04 13 t* Lianhe Zaobao Shenzhen's GDP to catch up with S'pore 933 JM u t:z rriC:15 words
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Advertisement46 2010-06-04 13 Singapore Pools World Cup 2010 Information Note For more details, visit www.singaporepools.com.sg or call 6786 6688. PLAYc responsibly 3> 6 Always play with care. Do not bet illegally. Enjoy the World Cup. Know Your Limits. Towards Community Purpose and Benefit RCB Reg No.: *****0202G SINGAPORE POOLS46 words
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ASIA-PACIFIC
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Article, Illustration432 2010-06-04 14 Canvass shows he is well ahead of nearest rival Estrada Reuters [MANILA] Senator Benigno Aquino III’s victory in the Philippine election was all but confirmed by the Congress’s official tally yesterday, with the count near an end and his official declaration asReuters; REUTERS - 432 words
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375 2010-06-04 14 AFP [SYDNEY] Australia swung to a surprise trade surplus in April on soaring commodities exports driven by China’s vast appetite for iron ore and coal, official figures and the trade minister said yesterday. Australia posted a A$134 million (S$160 million) surplus, seasonally adjusted, in April,AFP - 375 words
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621 2010-06-04 14 Move adds pressure on government to modify proposed 40% tax on mining profits Reuters [SYDNEY] Global miner Xstrata threatened to scrap US$5.4 billion in Australian coal and copper projects, blaming a new mining tax and taking the value of new developments put onReuters - 621 words
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Advertisement1723 2010-06-04 15 MATS BUY IT• SELL IT• FIND IT NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg Jk INSTITUTE OF SMI pp- SERVICE EXCELLENCE c>»l V LW SINGAPORE MANAGEMENT UNIVERSITY SINGAPORE MANAGEMENT UNIVERSITY 10™ ANNIVERSARY 2000-2010 TENDER NOTICE Tenderers are invited by the Institute of Service Excellence at Singapore Management University for Conducting of1,723 words
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Advertisement11 2010-06-04 15 CATS Recruit The first step on your ladder to success CLA/AUG06/g11 words
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ASIA-PACIFIC/WORLD
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Article, Illustration785 2010-06-04 16 Reforms should target financial firms with too much leverage, he says Reuters [NEW YORK] The Oracle of Omaha, for once, may have failed to impress his audience. Warren Buffett, the billionaire whose investments are followed religiously on Wall Street, had no easyReuters; BLOOMBERG - 785 words
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386 2010-06-04 16 Obama blames it on short-term deficits left by Republicans AFP [WASHINGTON] US debt has reached US$13 trillion for the first time in history, the Treasury Department said on Wednesday, stoking a political furore over government spending. The debt reached a recordAFP - 386 words
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451 2010-06-04 16 LATEST US DATA Reuters AP [WASHINGTON] Further evidence that the US labour market is improving emerged on Wednesday. The number of US workers filing new claims for jobless benefits fell last week, while private employers added jobs in May. A private trade groupReuters; AP - 451 words
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388 2010-06-04 16 AP [LONDON] JP Morgan Securities Ltd was fined a record £33.32 million (S$68.6 million) yesterday for mishandling clients’ funds, the largest penalty ever handed out by Britain’s financial services watchdog. The Financial Services Authority said the size of the fine should send outAP - 388 words
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450 2010-06-04 16 Reuters [SEOUL] South Korea’s ruling Grand National Party (GNP) chief quit yesterday to take responsibility for the poor showing in local elections, trying to contain the impact on President Lee Myung Bak’s pro-business reforms. Mr Lee said he would push throughReuters - 450 words
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323 2010-06-04 16 Bloomberg [MILAN] Prada SpA, buoyed by surging profit at the eponymous fashion label, is exploring options to revive an initial public offering, according to four people familiar with the talks. Prada, which has scrapped an IPO four times in the last 10Bloomberg - 323 words
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Page 16 Advertisements
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Advertisement665 2010-06-04 16 adv IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF FORINDO INTERNATIONAL PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) (REGISTRATION NO. *****2403M) NOTICE OF MEMBERS' VOLUNTARY LIQUIDATION Notice is hereby given that at an Extraordinary General Meeting of the abovenamed company duly convened and held at665 words
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WORLD
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Article, Illustration738 2010-06-04 17 He taps into anger over Gulf oil spill, defends his vision of an active but restrained government NYT [PITTSBURGH] US President Barack Obama said on Wednesday that it was time for the United States “to aggressively accelerate” its transition from oil toNYT; AP - 738 words
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Article, Illustration560 2010-06-04 17 OIL SPILL Reuters [VENICE, Louisiana] Robot submarines plying the dark, frigid depths of the Gulf of Mexico made halting progress in BP’s latest bid to siphon off oil belching from its ruptured wellhead, but tar balls and other debrisReuters; AP - 560 words
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791 2010-06-04 17 Best argument may be jobs, as used successfully by shallow-water drillers NYT [WASHINGTON] When the Obama administration imposed new restrictions last week on offshore drilling in the wake of the BP oil spill, officials carved out an exemption that received little public attention: companies working inNYT - 791 words
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425 2010-06-04 17 Lawmakers reject referendum, paving way for measure to take effect in Aug Bloomberg [ZURICH] Switzerland’s upper house of parliament approved a government’s settlement with the United States, requiring the country to hand over account details on as many as 4,450Bloomberg - 425 words
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120 2010-06-04 17 Time is money with an American twist AP [PENNSYLVANIA] No money? No problem! Pay with time, instead. Scores of time banks are being started in hard-hit communities around the United States and thousands of devotees are helping one another survive tough economic times. It’s a modern twist on the ancientAP - 120 words
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Page 17 Advertisements
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Advertisement356 2010-06-04 17 BEATS RECRUIT SINGAPORE ACADEMY OF LAW The Singapore Institute of Legal Education (SILE), a subsidiary of the Singapore Academy of Law, that drives and provides continuing legal education, vocational legal training and professional development to the legal community, invites application for: (1) Director, Continuing Professional Development (CPD) Reporting to the356 words
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EDITORIAL & OPINION
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476 2010-06-04 18 EDITORIAL BACK in 1964, Marshall McLuhan turned communication theory on its head by arguing that “the medium is the message”. With the explosion of new media and, no less significantly, the globalisation of both media and content, that insight has never been more476 words
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Article, Illustration716 2010-06-04 18 FRANK CHING - THE BOTTOM LINE FRANK CHING The writer is a Hong Kong-based journalist and commentator EVER since international investigators concluded that the South Korean naval ship Cheonan, which sank in March with the loss of 46 lives, was struck by a North Korean torpedo,716 words
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Article, Illustration1311 2010-06-04 18 ANTHONY ROWLEY - One of Asia’s foremost experts on monetary matters offers a guide ANTHONY ROWLEY Tokyo Correspondent THE euro has taken a severe battering from the Greek crisis a potentially fatal blow, some argue and therefore, any talk of Asia one day having its own commonBLOOMBERG - 1,311 words
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Article, Illustration1205 2010-06-04 19 CLAUDIA ZEISBERGER, DAVID MUNRO - If a value-based approach to risk management is adopted, Black Swan hedges won’t be too expensive to be practical By CLAUDIA ZEISBERGER, DAVID MUNRO Claudia Zeisberger is affiliate professor of decision sciences at INSEAD. She started and teaches the Risk Management elective. David MunroREUTERS - 1,205 words
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1077 2010-06-04 19 ROBIN SPECULAND - Corporate strategies the art is in the execution By ROBIN SPECULAND The writer is chief executive of Bridges Business Consultancy Int and author of ‘Beyond Strategy The Leader’s Role in Successful Implementation’. Visit www.strategyimplementationblog.com IN the last 50 years, man has walked on the moon, split the atom and spliced1,077 words
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691 2010-06-04 19 Janet Tan (Ms - LETTER TO THE EDITOR Janet Tan (Ms) Executive Director Institute of Certified Public Accountants of Singapore WE REFER to the article “Sticking a foot in investors’ eyes” BT, April 29). We wish to clarify some of the matters raised by your reporter Emilyn691 words
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AVIATION/SHIPPING
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Article, Illustration890 2010-06-04 20 Proposals address rising frustrations over airline delays, proliferating fees NYT [NEW YORK] The Transportation Department signalled on Wednesday that it planned to be more aggressive in forcing airlines to address common traveller frustrations, proposing a wide range of consumer protections. They comeNYT; REUTERS - 890 words
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Article3020 2010-06-04 20 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi SQ457 1230 SQ456 1250 EY470 2220 Adelaide LH9771 1745 9W4082 2230 SQ268 1745 AF8088 2230 VS7268 1745 BA7382 2230 JL5083 2230 QF82 2230 --LH9770 2350 SQ269 2350 VS7269 2350 VS7279 2350 Amsterdam LO4031 0605 SQ7366 2315 SQ323 0605 LO40323,020 words
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Article, Illustration610 2010-06-04 20 Storage plan seen as year-end prices beat July’s by 20% Bloomberg [LONDON] Qatar, the world’s biggest producer of liquefied natural gas, is idling at least eight tankers in the Gulf of Oman, as prices for year-end delivery exceed those for next month by 20Bloomberg - 610 words
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Article278 2010-06-04 20 SGX '000 Jun 3 S$ +/-Vol CH Offshore 0.53 0.01 830 Chuan Hup Hldg 0.26 -0.01 20 Cosco Corp 1.40 0.07 ***** CWT Ltd 0.87 0.05 1736 Ezra Hldgs 1.79 0.09 ***** First Ship Lea 0.46 0.01 3246 Freight Links 0.05 unch 10 Grand Banks 0.36 -0.04 12278 words
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213 2010-06-04 20 JOYCE HOOI - By JOYCE HOOI [SINGAPORE] The Maritime and Port Authority of Singapore (MPA) will be working with DNV’s Clean Technology Centre (CTC) on research in maritime environment and clean technologies. A memorandum of understanding (MOU) was signed yesterday between the MPA’s assistant213 words
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SINGAPORE STOCKS
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Article8862 2010-06-04 21 Transaction date: Jun 3 52-wks Tel Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Code Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 18 6.5 3148 8Telecom 15 +0.5 200 15 15 14 15 1.7 12.1 4.8 71.8 10 5.5 58348,862 words
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Article1656 2010-06-04 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 6 5.5 7 33.3 5.8 25 13 8538 t APStrategic 16 -1 1 16 16 161,656 words
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Article9426 2010-06-04 22 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund!** 1.12/ APS Alpha Fund (USD)!** 0.8/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt S'pore Pte Ltd AXA WM -Talents Fund 0.63/ Aberdeen Asset Mgt Asia Limited American Opp 0.6041/ Asian Credit Fund 1.2359/ Asian9,426 words
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Article700 2010-06-04 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 $mil 116 107 6389 ABF SG Bond ETF 115 110 114 525 883 610 CIMBAsean40 100US$ US824 +33 102 824 797 821 827 33 306700 words
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Article255 2010-06-04 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 $mil 56 27 6000 AVJennings A40 39 45 3.6 8.8 3.2 104.2 31 13 6017 Genting HK US$ US18.5 +1 2145 18.5 18 18 18.5255 words
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FINANCE & COMMODITIES
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374 2010-06-04 23 In local curr In S$ In US$ dy yr dy yr dy yr Jun 2 Index Change Change Change Change Change Change World Index Preliminary 795.2 0.6 -4.5 0.4 -7.8 0.3 -8.2 EAFE Preliminary 732.8 -0.3 -6.6 -1.0 -14.2 -1.1 -14.6 Europe Preliminary 1054.7 0.1374 words
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Article177 2010-06-04 23 Jun 3 $S Offer Bid Overnight 1/8 1/16 1-month 3/8 1/8 2-months 7/16 3/16 3-months 9/16 5/16 Overnight mode: 0.10 US$ Offer Bid 7 days 0.45 0.35 1 month 0.60 0.40 2 months 0.65 0.45 3 months 0.70 0.50 6 months 0.90 0.70 9 months 1.10 0.90 12177 words
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Article22 2010-06-04 23 Jun 3 S$ Bid Offer 1-month 1.4003 1.4019 2-months 1.4001 1.4017 3-months 1.4000 1.4015 6-months 1.3996 1.4012 Source: OCBC22 words
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Article132 2010-06-04 23 Jun 3 As at 9am Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.1710 1.2060 Can dollar 1.3420 1.3570 Euro 1.7100 1.7290 NZ dollar 0.9500 0.9710 Sterling pound 2.0450 2.0680 US dollar 1.3950 1.4100 Local dollars to 100 units of foreign132 words
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Article27 2010-06-04 23 Jun 3 Open High Sett STI Jun 2793 SIMSCI Jun 232.7 330.4 329.6 Taiwan Jun 254.9 261.9 261.3 Source: MF Global (S) Pte. Ltd27 words
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Article67 2010-06-04 23 Jun 3 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Jun 10 2545 2538 2549 2538 201 2895 Jul 10 2511 2492 2520 2492 1667 ***** Aug 10 2473 2456 2482 2453 5832 ***** Sep 10 2448 242967 words
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Article362 2010-06-04 23 Jun 3 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Jun10 99.4400 0 2814 Sep10 99.2150 0 2148 Dec10 99.0400 0 1218 Mar11 98.8650 0 1003 EUROYEN TIBOR FUTURES Jun10 99.6125 99.6125 99.6100 99.6100 0 5236 Sep10 99.6400 99.6400 99.6350 99.6350 2 3160 Dec10 99.6400 0 1461362 words
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Article141 2010-06-04 23 Jun 3 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Jun 10 370.0 370.0 360.0 2 Jul 10 330.0 Aug 10 308.0 Sep 10 300.0 Oct 10 295.0 Nov 10 292.0 292.0 293.0 10 Dec 10 295.0 Jan 11141 words
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Article90 2010-06-04 23 Jun 3 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****W 02.09.2010 0.30 0.25 0.25 1-Year BY*****W 03.05.2011 0.37 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0A 2.625 01.04.2012 103.85 103.89 103.84 5-Year N*****0N 1.375 01.10.2014 101.9190 words
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Article105 2010-06-04 23 Jun 2 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jul 10 932.50 932.00 936.75 930.50 Aug 10 920.25 920.75 925.50 918.50 Sep 10 909.00 908.50 913.50 907.00 Nov 10 903.50 902.75 908.00 901.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Jul 10 37.42 37.52 37.85105 words
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Article77 2010-06-04 23 CRUDE OIL PRODUCTS Jun 2 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 74.11 -0.30 WTI (Near Mth) 73.59 0.90 Dubai (1-Mth F) 72.05 0.07 Tapis blend 77.20 -0.05 Minas 74.60 -2.00 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 70.89 -0.83 Jet Kerosene 83.30 0.30 US$/barrel Opec Oil77 words
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2385 2010-06-04 23 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Tel Last Vol Conv Exer Disc Gear-Mths Code Company Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 3.5 1 15 16 4.57 47 4085 ASJ Hldgs W*****1 3 unch 20 1 4 2.33 20 2036 Advance SCT W*****9 0.5 1 87 2817 6.002,385 words
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5800 2010-06-04 24 BALISA SHIPPING TRADING PTE LTD 8 Shenton Way, #40-03A, Singapore *****1 Tel: 6345 5700 Fax: 6345 5227 Email: singapore@balisagp.com CR NO. **********0W UK CONTINENT SERVICE U.S.A. SERVICE Destination STXPO TBN Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Destination STXPO TBN New Orleans/Camden *Loads E./W.5,800 words
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Article466 2010-06-04 23 Jun 3 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.881 5.809 0.692 6.627 39.592 78.222 0.788 10.189 2.780 1.235 72.522 39.472 1.192 6.473 0.979 27.444 27.712 0.579 0.851 Canada 1.135 6.591466 words
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Article85 2010-06-04 23 Jun 3 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 1.***** 0.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths85 words
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Article154 2010-06-04 23 Jun 3 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1913 1.1928 0.8506 0.8508 Canadian dollar 1.3516 1.3534 0.9651 0.9653 Euro 1.7222 1.7243 1.2297 1.2299 NZ dollar 0.9649 0.9663 0.6890 0.6892 Sterling pound 2.0569 2.0598 1.4687 1.4692154 words
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Article138 2010-06-04 23 Jun 3 GOLD (US$/oz) Jun 02 Jun 03 Hong Kong 1219.00 1222.80 Jun 01 Jun 02 London 1226.45 1217.95 1226.95 1218.75 Source: Thomson Reuters CAST BAR Jun 03 (S$) Selling Buying Kilobar "59,113.22" ***** PAMP GOLD BARS (S$) Selling Buying 1gm 132.68 55 5gm 375.57 276 10gm 671.96138 words
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Article71 2010-06-04 23 Jun 2 Jun 2 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 1951.50 1958.75 3 months 1984.00 1990.50 Copper, Grade A (US$/tonne) Cash 6638.00 6719.00 3 months 6668.00 6750.00 Lead (US$/tonne) Cash 1667.25 1722.50 3 months 1696.00 1750.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne)71 words
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Article82 2010-06-04 23 Jun 2 COCOA (£/tonne) Close Prev High/Low Jul 10 3042 2444 3050/2972 Sep 10 3069 2345 3078/2999 Dec 10 3093 2291 3099/3040 Mar 11 3120 2257 3104/3088 COFFEE (US$/tonne) Close Pev High/Low Jul 10 1338 1349 1356/1330 Sep 10 1373 1385 1392/1367 Nov 10 1399 1408 1414/1393 Jan 1182 words
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Page 24 Advertisements
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Advertisement21 2010-06-04 24 :RTISE. JOE WONG Can they find your set-vices here in -the Shipping Times? THE BUSINESS TIMES SHIPPING TIIVIES 9620 -1 32721 words
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Page 25 Advertisements
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Advertisement40 2010-06-04 25 USE THIS SPACE TO SELL CALL JOE WONG AT 9620 1327 TO ADVERTISE --THE BUSINESS TIMES SHIPPING TIMES FREIGHT FORWARDER urgently needed by shippers n Can they find your THE BUSINESS TIMES TO ADVERTISE, CALL JOE WONG AT 9620 132740 words
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executive lifestyle
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Article, Illustration588 2010-06-04 26 CHEAH UI-HOON - FOCUS ADVENTURE PTE LTD 1 Gunner Lane, Sentosa, Singapore *****2 Tel: (65) 6278 6560 Website: www.FOCUSAdventure.com Singaporean entrepreneurs may not believe that making money is all fun and games. But for a handful of out-of-the-box thinkers, organised fun can be a big business indeed. CHEAH UI-HOON talks588 words
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Article, Illustration788 2010-06-04 26 COMBAT SKIRMISH SINGAPORE 164 West Coast Way Hong Leong Garden Shopping Centre Tel: (65) 6779 1031 Official websites: www.combatlasersingapore.com www.combatskirmish.com www.combatlaser.sg JOSHUA Tay doesn’t sight-see when he’s on holiday. Instead, he jumps from planes, rafts down rapids, dives underwater; he generally finds some way to788 words
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Article, Illustration578 2010-06-04 26 ADVENTURE QUESTS 187 Sims Avenue #02-02 Tel: 6841 3314 CLIMBING Machu Picchu or trekking in Nepal might sound like the ultimate cool adventure, but it is an idea that could end badly if you’re not properly equipped for it. So say the folks578 words
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FESTIVALS AROUND THE WORLD
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Article, Illustration1037 2010-06-04 27 JULIA SHERSTYUK,NATALIA MAKAROVA - On May 9, Russians take time to reflect on the sacrifices of past generations in WWII. By JULIA SHERSTYUK and NATALIA MAKAROVA By JULIA SHERSTYUK ,NATALIA MAKAROVA Julia Sherstyuk is the founder and editor-in-chief of 103rd Meridian East, a Russian-English magazine in Singapore. Natalia Makarova is anAFP PHOTOS; PHOTOS BY JULIA SHERSTYUK and NATALIA MAKAROVA - 1,037 words
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CINEMA
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Article, Illustration510 2010-06-04 28 CHRISTOPHER LIM - DVD REVIEW By CHRISTOPHER LIM ANIMAL movies are heavy-handed by nature since film-makers know most people are wired to melt at the mere sight of cuddly creatures, even before the animals are placed in sentimental situations. Hachiko: A Dog’s Story is no exception. It510 words
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Article, Illustration588 2010-06-04 28 GEOFFREY EU - Don’t expect quality cinematic entertainment from Killers, says GEOFFREY EU GEOFFREY EU THE ugly truth about Killers a new ac-tion-comedy romance starring Ashton Kutcher and Katherine Heigl, and directed by Robert Luketic is that it fits perfectly into that broad category known as the mindless summer588 words
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Article, Illustration559 2010-06-04 28 DYLAN TAN - By DYLAN TAN IN THEORY, a remake of A Nightmare On Elm Street appears to be an utter waste of time, given that most of the franchise’s sequels shamelessly regurgitated the same storyline as creator Wes Craven’s 1984 original: sleepless teenagers who succumb559 words
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MUSIC/GAMING
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Article, Illustration721 2010-06-04 29 CHRISTOPHER LIM - LIVE! Singapore offers avenues for local artists. CHRISTOPHER LIM reports CHRISTOPHER LIM LOCAL arts practitioners and audiences alike will get to rub shoulders with some of the world’s arts luminaries next week when LIVE! Singapore makes its debut at Resorts World Sentosa. Starting on721 words
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Article, Illustration508 2010-06-04 29 CHRISTOPHER LIM - By CHRISTOPHER LIM THE Esplanade is flying Singapore’s only theremin diva, Shueh-li Ong, into town next week for her first local gig in two years as part of its Flipside festival. The theremin is a rare electronic instrument that Ong has tamed into a508 words
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Article, Illustration468 2010-06-04 29 CHRISTOPHER LIM - GAMING By CHRISTOPHER LIM IF YOU are a professional South Korean gamer, you can make a career out of playing nothing but StarCraft. That’s how iconic the real-time strategy sci-fi game is. But the 12-year-old original title is very long in the tooth, which is468 words
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Article, Illustration538 2010-06-04 29 CHRISTOPHER LIM - CD REVIEW By CHRISTOPHER LIM MUSIC may be a universal language, but some of its dialects cross cultural barriers more effectively than others. The sashaying Latin rhythms of bossa nova have made the Brazilian genre a hit the world over, with veterans such as Sergio Mendes538 words
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ART
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Article, Illustration1302 2010-06-04 30 MADHVI SUBRAHMANIAN - Three shows offer perspectives on countries in turmoil, and glimpses into the souls of their artists. By MADHVI SUBRAHMANIAN By MADHVI SUBRAHMANIAN CONTEMPORARY art hardly comes to mind when one thinks of countries caught up in political turmoil or sectarian strife. But art provides a glimpse1,302 words
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Article, Illustration623 2010-06-04 30 NATALIE KOH - By NATALIE KOH BEFORE his current exhibition here, Australian artist Mark Schaller had never been to Singapore and had only stopped over here while on his way to other countries. Yet, his largest painting to date is a 7m-by-2m oil painting of Singapore titled Singapore Metropolis,623 words
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Article, Illustration626 2010-06-04 30 ABIGAIL KOR,NATALIE KOH - By ABIGAIL KOR ,NATALIE KOH EVERYBODY who has studied Singapore history in school or is old enough to have lived through it would be familiar with Singapore’s merger with Malaysia and subsequent independence in the 1960s. A new exhibition in town goes beyond the626 words
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ARTS/WINE
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Article, Illustration557 2010-06-04 31 CHRISTOPHER LIM - The Analog Girl performs with Atsuhiro Ito at the Singapore Arts Festival. CHRISTOPHER LIM reports CHRISTOPHER LIM TWO local musicians The Analog Girl and Zai Kuning will tear up the dance floor at supperclub tomorrow night. The trendy club venue was shakenFILE PHOTOS - 557 words
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Article, Illustration506 2010-06-04 31 NATALIE KOH - By NATALIE KOH THE headdresses were big, the cast was huge and the hall was enormous, but despite its size, Toy Factory’s Maha Moggallana failed to live up to expectations last Friday night. Maha Moggallana is a story that all Buddhists would be familiar with.506 words
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Article1067 2010-06-04 31 N K YONG - By N K YONG “IT takes generations of experience and commitment to excellence,” says Paul Pontallier, director-general and chief winemaker of Château Margaux, when attempting to define the secret of Margaux’s greatness. In a nutshell, you have the key to excellence which applies to all1,067 words
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AROUND TOWN
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Article, Illustration161 2010-06-04 31 IN light of the June school holidays, the Jurong Bird Park has come up with weekend activities for the entire month. The bird park will offer a carnival- like experience, with stilt walkers, a fire twirler, a unicycling jester, a belly dancer and other performers on161 words
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97 2010-06-04 31 NATALIE KOH - Compiled by NATALIE KOH THE Cats of The World photo exhibition is back but this year, it celebrates the Year of The Tiger. The 50 photos on display are contributed by both aspiring as well as professional photographers from various countries including97 words
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WINE
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Article, Illustration995 2010-06-04 32 GOH HWEE LENG - Joseph Henriot talks to GOH HWEE LENG in Paris about growing his family business GOH HWEE LENG JOSEPH Henriot, 74, is a man who’s helped build many grand houses. Grand champagne houses, that is, plus a few venerable vineyards along the way. OfPHOTOS BY CHAMPAGNE HENRIOT - 995 words
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Article, Illustration417 2010-06-04 32 GOH HWEE LENG - By GOH HWEE LENG MENTION Beaujolais and one immediately thinks of the fresh, light and fruity Beaujolais Nouveau which creates a frenzy on the third Thursday of each November as restaurants and bars around the world rush to get it to their tables. NotPHOTOS BY VILLA PONCIAGO - 417 words
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Page 26 Advertisements
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Advertisement10 2010-06-04 26 WINE Building a stable of top wine houses PAGE 3210 words
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Page 27 Advertisements
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Advertisement135 2010-06-04 27 Best Aval ab e Rates Featured Promotions Partnership Programmes Exclusive Member Deals THE ASCOTT LIMITED A Member of CapitaLand Find our best available rates anywhere in the world at www.the7asc0tt.com Over 20,000 Ascott serviced residence units worldwide await with the best available rates when you book online. Experience award-winning hospitality135 words
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Advertisement12 2010-06-04 27 Brought to you by Ascott This series is brought to you by12 words
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Page 28 Advertisements
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Advertisement35 2010-06-04 28 Banking on NRIs Concentrated wealth and growing numbers make NRI banking a very attractive segment for financial institutions Does Sushmita look like an aunty? GET YOUR COPY TODAY FROM ALL 7-ELEVEN OUTLETS (WHILE STOCKS LAST)35 words
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Page 31 Advertisements
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Advertisement29 2010-06-04 31 "John erpos Home SAVE UP TO 80% Furniture, Lamps, Rugs Accessories Today Saturday 10-7PM Sunday 10-5PM UNDER THE TENT 7A 7B DEMPSEY ROAD FREE PARKING FOR MORE INFORMATION www.johnerdosgallery.com29 words
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Page 31 Miscellaneous
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Miscellaneous310 2010-06-04 31 CRYPTIC CROSSWORD Across 1 Railway employee working on and off (9) 9 Be including race, I concluded, in the country (6) 10 Wavering, a maltster became suspicious (5,1,3) 11 Skimp acting part to make an impression (6) 12 Thin gloss removed from elastic propeller (9) 13 A test of the310 words
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Page 32 Advertisements
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Advertisement57 2010-06-04 32 Moonlight Galaxy Collection 18k white gold with a rotating solitaire diamond T MASTERPIECE Time Jewels 435 Orchard Road #03-11 Wisma Atria Tel: +65 6887 4747 Regional Distributor: Chong Seng Enterprises Pte Ltd (+65) 6296 2075 Switzerland UK USA Colombia Bahrain Kuwait Qatar Saudi Arabia UAE Russia China Hong Kong Taiwan57 words
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