The Business Times, 11 June 2010
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2010-06-11
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The Business Times
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Title Section23 2010-06-11 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|£l A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 123/08/2009 Friday, June 11,201023 words
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Article, Illustration821 2010-06-11 1 S JAYASANKARAN - M’sia spells out 5-year plan but takes care not to offend Malays with policy reversal By S JAYASANKARAN MALAYSIA plans to cut its budget deficit to less than half the current levels over the next five years while spending handsomely and growing theAP - 821 words
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381 2010-06-11 1 WINSTON CHAI - SingTel subsidiary to manage 120,000 MOE computers By WINSTON CHAI [SINGAPORE] SingTel subsidiary NCS has emerged as the biggest winner of the government’s $2.15 billion technology outsourcing movement. The IT services firm yesterday clinched an $850 million deal to manage all the computer systems381 words
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Article142 2010-06-11 1 ?ST INDEX 2,779.58 (+33.78) ?ST INDEX FUTURES 2,780 (+34) ?SIMSCI 326.77 (+3.91) ?SIMSCI FUTURES 326.80 (+3.60) FOREX US$ S$ US$ (S$ per US$) 1.413 (US$/S$ per 1.458 2.059 EURO (US$/S$/E) 1.202 1.698 Foreign currency per US$ S$ YEN 91.00 64.40 RM 3.307 2.341 HK$ 7.796 5.518 BAHT 32.55142 words
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Page 1 Advertisements
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Advertisement140 2010-06-11 1 BOOKS Giving voice to many voices PAGE 29 SPORT World Cup fever hits millions in Asia EXECUTIVE LIFESTYLE HK seals its position as Asia’s premier art fair PAGE RETAIL Spending at Great Singapore Sale up 18%: MasterCard PAGE 10 PAGE 4 The idea that businesses need to build data centres140 words
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TOP STORIES
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624 2010-06-11 2 But May export hike of 48.5% seen as a blip before Europe demand drops Bloomberg [BEIJING] China’s exports jumped the most in six years and property prices rose at a near-record pace, signs that the economy is withstanding the sover-eign-debt crisisBloomberg - 624 words
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Article, Illustration621 2010-06-11 2 MICHELLE QUAH - By MICHELLE QUAH [SINGAPORE] Deloitte Singapore CEO Chaly Mah has handed over the reins to his Chief of Operations Philip Yuen in the second leadership change announced among the Big Four firms here in as many months. BT had reported in AprilFILE PHOTO - 621 words
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Article454 2010-06-11 2 Najib tries to balance growth with politics MALAYSIA plans to cut its budget deficit to less than half the current levels over the next five years while spending handsomely and growing the incomes of its citizens. But its leaders will not pull the plug on the New Economic454 words
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438 2010-06-11 2 CONRAD TAN - By CONRAD TAN [SINGAPORE] Westpac Private Bank has launched an aggressive campaign to attract Australian-dollar deposits from the rich here. The private banking arm of Australia’s Westpac Bank is offering an interest rate of 5.2 per cent for 12-month fixed deposits of A$250,000 (S$293,000)438 words
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287 2010-06-11 2 Bloomberg [NEW YORK] American International Group (AIG) may still receive US$35.5 billion for an Asia division after a purchase agreement with Prudential collapsed last week, the US Treasury Department said. AIG may hold an initial public offering in Hong Kong forBloomberg - 287 words
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570 2010-06-11 4 PAULINE NG - U-turn follows demands by Malay pressure groups to maintain 30% goal By PAULINE NG MALAYSIAN Prime Minister Najib Razak has reinstated the corporate equity target of 30 per cent for bumiputras, in a move to appease the majority community. The about turn comes in570 words
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Article, Illustration889 2010-06-11 4 AFP [SINGAPORE] Imagine catching the World Cup action on a massive 280-inch screen right in the heart of Orchard Road, no less. Football fever is gripping the nation and companies such as Ngee Ann City are getting in on the act to cashAFP; REUTERS - 889 words
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584 2010-06-11 4 AP Reuters [NEW YORK] Shares of BP rose sharply as trading opened in New York yesterday after falling more than 15 per cent a day ago. In early trading yesterday, BP shares gained US$2.85, or 9.8 per cent, to US$32.05. On Wednesday, theyAP; Reuters - 584 words
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509 2010-06-11 4 ARTHUR SIM - IR to defend itself; full completion likely only by next year By ARTHUR SIM [SINGAPORE] A courtroom battle looms as both Marina Bay Sands (MBS) and In-ter-Pacific Bar Association (IPBA) remain implacable. On hearing that IPBA had filed a counterclaim against MBS over payments509 words
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581 2010-06-11 4 TEH SHI NING - By TEH SHI NING [SINGAPORE] The global economy will grow faster than previously forecast, though uncertainty in Europe means a double-dip recession cannot be ruled out yet, the World Bank said yesterday. It now expects global economic growth of between 2.9 and 3.3581 words
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Page 2 Advertisements
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Advertisement118 2010-06-11 2 Singapore Pools World Cup 2010 Information Note World Cup Accounts in use till 12th July 2010. Lucky draw for sign-ups before 11 th June 2010. Sign-ups available online or at Singapore Pools branches. Terms apply. World Cup Cards ($100, $500 and $1,000) for top-up of World Cup Accounts are on118 words
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Advertisement59 2010-06-11 2 China’s May property price surge second highest on record, Page 15 Elrte Private Theatre Designed by Ong Radio 1 Paradiso 1 •r -V Live the Ultimate.™ Ultra-Luxe Music Systems I Elite Private Theatres Intelligent Home Controls I Lifestyle AV Solutions Multizone Music Movie Systems ONG RADIO Est. 1937 176 Orchard59 words
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Advertisement162 2010-06-11 3 FREEHOLD I r--- 1 _V- *gf K „llM i Elevated living at Pasir Panjang Hill Perched on high ground, surrounded by natural beauty and breathtaking sea views. Indulge in the lush tranquility of a home like no other. Horizon Residences An exclusive hilltop development, naturally yours forever. Less than 2162 words
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Advertisement37 2010-06-11 4 fBT-JNGAEOMsi FSDWSALE BINJAI <1 €V6lVN[NGl 984fiKfi9g| Newsman Rsaltu'Rte^.Ltcll Sole Marketing Rgent 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 Tf House37 words
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Advertisement12 2010-06-11 4 V Wz 'JERRY LUM Marketing Director, MBA, CES HP+65 8288 0098 http://jerrylum.myweb.sg/12 words
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Advertisement220 2010-06-11 5 ;:IS:Vv;,' '•i-':- '•V'iO V-fr H O'' 1 t'.'. Y ,v\ r rr. t Xttv JTI .V* PH KP v. V'.< I I I :-v/- Jsfi .<•£*>. SkS« g SroftSHiSra? •v »;'V. v f tw>>f-" i-v '*$35 < 3$£r mm •sJ !*S v^yj fel", y .V'.'Cv" Ri/Jv! Kwimi «#*> s mtfz220 words
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COMPANY NEWS
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528 2010-06-11 6 MICHELLE QUAH - The firm will then be required to make a cash exit offer to its public shareholders By MICHELLE QUAH THE Singapore Exchange (SGX) has given troubled NEL Group two new deadlines to meet failing which it will delist the company.528 words
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334 2010-06-11 6 EMILYN YAP - By EMILYN YAP FUND managers polled by OCBC Bank are worried that the global recovery could lose steam in the second half of the year. Many are counting on equities particularly in Asia and other emerging markets for investment returns. OCBC’s wealth management unit surveyed334 words
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241 2010-06-11 6 PETRA Foods said yesterday it will pursue strategic growth opportunities through alliances, mergers and acquisitions and joint ventures with about half of the net proceeds from its share placement, although specific engagements have yet to be announced. Following a globally well-received placement two241 words
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Article, Illustration231 2010-06-11 6 OFFSHORE construction company EOC’s floating, production, storage and offloading unit Lewek Arunothai is operational again after a 40-day suspension for scheduled maintenance and upgrading. With this completed, the unit can again start generating revenue. EOC’s revenue for the second quarter of FY2010 wasKEPPEL - 231 words
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Article, Illustration454 2010-06-11 6 JAMIE LEE - SGX also says that it will refer the matter to the MAS By JAMIE LEE E3 Holdings and six individuals, including three ex-di-rectors, have been rapped by the Singapore Exchange (SGX) for breach of listing rules and failures in corporate governance. SGX, which will refer454 words
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Article245 2010-06-11 6 THE tide is flowing Otto Marine’s way, with its Singa-pore-based subsidiary Reflect Geophysical clinching yet another seismic data acquisition contract. The deal to perform a 2D Seismic Data Acquisition in Block PEP-***** in the Taranaki Basin area of New Zealand is worth about US$8 million245 words
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154 2010-06-11 6 SINGAPORE Telecom is looking for someone new to oversee its international associates, given the impending retirement of current international chief Lim Chuan Poh. SingTel said yesterday that Mr Lim, who was appointed CEO of its international group in 2006, will retire at154 words
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473 2010-06-11 7 NISHA RAMCHANDANI - Shares gain 10 cents to hit highest since Khazanah offer By NISHA RAMCHANDANI SHARES in Parkway Holdings shot up 10 cents in trading yesterday to close at $3.87 nine cents higher than Khazanah Nasional’s offer price of $3.78 per share on news473 words
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Article, Illustration389 2010-06-11 7 VEN SREENIVASAN - By VEN SREENIVASAN TIGER Airways continued to report robust passenger volumes and load factors in May, with its passenger numbers during the month climbing by a third. The airline also flew some 5.2 million passengers over the 12 months since June last year, a 52BLOOMBERG - 389 words
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Article777 2010-06-11 7 LYNETTE KHOO - They’re not rushing to raise China wages, which form small part of costs By LYNETTE KHOO WHILE China is gripped by labour unrest and compelled to raise minimum wages, China firms listed on the Singapore Exchange (SGX), also known as S-chips, have been spared the777 words
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Article, Illustration356 2010-06-11 9 JAMIE LEE - He’s accused of siphoning US$10m to several parties in 2008 By JAMIE LEE THE chief executive of Ramba Energy is battling claims of corruption in an Indonesian court, said Indonesian papers this week. Ramba’s CEO David Soeryadjaya has been charged with “forcefully” taking over Tristar356 words
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314 2010-06-11 9 MICHELLE QUAH - By MICHELLE QUAH THE Singapore Exchange (SGX) and the Singapore Institute of Directors (SID) have joined forces to provide more training programmes for directors and raise corporate governance standards. They have launched a new series of programmes including a Listed Company Director Programme (LCD) and314 words
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591 2010-06-11 9 R SIVANITHY - HOCK LOCK SIEW By R SIVANITHY THE advent of high speed or to be more accurate, “higher speed’’ because it’s been around for more than 20 years trading in the Singapore stock market has raised concerns among retail investors, some of whom have asked whether591 words
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322 2010-06-11 9 IN yet another stride towards a zero-incident workplace, Keppel Shipyard has opened a safety training centre for its 14,000-strong multinational workforce, including subcontractors. Located at Keppel Shipyard in Tuas, the Keppel Safety Training Centre offers a complete range of safety training and certification courses in322 words
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Page 6 Advertisements
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Advertisement122 2010-06-11 6 www.futurechina.sg Future Chi ha SINGAPORE The FutureChina Global Forum 12-13 July 2010 Ritz-Carlton Hotel, Singapore Platinum Sponsors Strategic Insights for Riding China's Next Decade Featuring insights and analyses from renowned personalities including Jon Huntsman, Ambassador to China, USA George Yong-Boon Yeo, Minister for Foreign Affairs, SG Fang Fenglei, Chairman, Flopu122 words
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Advertisement15 2010-06-11 7 make your father's day takashimaya s.c, ngee ann city, paragon www.dunhill.com 6734 81 26 LONDON15 words
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SINGAPORE MARKETS
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Article, Illustration540 2010-06-11 8 R SIVANITHY - Index up 33.78 points at 2,779.58; traders bet on Western markets rebounding STOCKS R SIVANITHY Senior Correspondent MATHEMATICAL-LYspeaking,the levelof boredom among traders is in inverse proportion to stock market turnover the higher the turnover, the lower the boredom. The reverse held true. Low volumeSource: Bloomberg - 540 words
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Article65 2010-06-11 8 Jun 10 VALUE CLOSE BT OB/OS 349.00-143.00 BT CADI -*****.00 +98.00 BT 10-day MA -*****.00 +35.00 FTSE ST Mid Cap 670.56 +4.42 FTSE ST Small Cap 507.74 +2.37 FTSE ST All Share 684.29 +7.42 FTSE ST China Top 251.01 +2.87 FTSE ST China 284.44 +3.87 FTSE ST65 words
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Article186 2010-06-11 8 MAIN SDQ TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 8 1 8 0 0 0 8 1 8 Manufacturing 55 44 61 3 4 11 58 48 72 Commerce 24 9 16 2 2 2 26 11 18 Tpt/Stor/Comms 21 4 15186 words
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BROKERS’ TAKE
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Article603 2010-06-11 8 June 10 close: $0.395 DBS VICKERS SECURITIES, June 10 TWO First Ship Lease Trust-owned (FSLT) vessels detained: Over the last week, First Ship Lease (FSL) has announced the “arrest” of two of its vessels, Nika 1 and Verona 1 at ports in China (Qingdao) and Japan603 words
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Article356 2010-06-11 8 JAMIE LEE - June 10 close: $3.87 KIM ENG RESEARCH, June 10 Compiled by JAMIE LEE FORTIS Healthcare plans to raise up to US$585 million by using new shares. Its board also approved a debt mandate of up to US$1.3 billion, subject to shareholders’ approval. Having bought Parkway shares in the356 words
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Article121 2010-06-11 8 TURNOVER (‘000) VALUE (‘000) MAIN SDQ TOTAL MAIN SDQ TOTAL Multi Ind 12,129 12,129 61,589 61,589 Manufacturing 285,550 7,045 292,595 228,735 193 228,928 Commerce 65,606 7,818 73,424 60,949 2,880 63,829 Tpt/Stor/Comms 52,818 105 52,923 101,042 13 101,055 Finance 11,475 28 11,503 110,941 3 110,943 Construction 30,466 72,526121 words
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Article112 2010-06-11 8 Stock name Close Change CapMallsAsia 2.100 +0.030 CapitaLand 3.540 +0.020 CapitaMall 1.830 +0.020 CityDev 10.720 +0.240 ComfortDelGro 1.400 +0.010 DBS Grp 13.440 +0.180 F&N 4.860 +0.150 Genting SP 1.050 +0.010 Golden Agri 0.505 +0.015 HK Land 5.070 +0.100 JMH 37.200 +0.720 JSH 21.260 +0.060 Jardine C&C112 words
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Article, Illustration496 2010-06-11 8 CURRENCIES Reuters [LONDON] The euro rose yesterday as strong demand at a Spanish debt auction eased concerns about how the country will fund its large debt, but caution before a European Central Bank policy decision capped gains. Peripheral eurozone government bond yieldReuters; REUTERS - 496 words
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Article54 2010-06-11 8 VOLUME Petra 80,392,000 Sapphire 71,856,000 Healthway 60,101,000 Golden Agri 41,360,000 Armstrong 35,993,000 Genting SP 34,546,000 UniFiber 25,286,000 Thai Beverage 23,336,000 Z-Obee Hldgs 21,366,000 Sunningdale 18,055,000 VALUE($) Petra 86,985,380 Keppel Corp 44,057,370 UOB 43,469,114 Genting SP 36,176,140 SingTel 35,042,025 Wilmar 32,497,460 DBS Grp 31,933,340 CapitaLand 25,446,640 SembMar 25,215,06054 words
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Article104 2010-06-11 8 BY CENTS CLOSE UP DBXT Nifty 10US$ ***** 201.9 1.3 JMH 3720 101.7 2.0 DBXT MSTaiwan 10US$ 1435 49.4 2.5 UOB 5.05%NCPS 100 ***** 30.0 0.3 SIA 1452 28.0 2.0 Jardine C&C 2902 26.0 0.9 IS MSCI India 100 660 25.4 2.8 CityDev 1072 24.0 2.3 SIA 200 1450104 words
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Article123 2010-06-11 8 BY CENTS CLOSE DOWN GLD 10US$ *****-166.6 -1.0 DBXT S&P Short 10US$ 5484 -93.2 -1.2 OUE 1630 -20.0 -1.2 Lyxor Korea 10US$ 370 -11.3 -2.1 DBXT CSI300 10US$ 856 -8.5 -0.7 DBXT MSINDO 10us$ 1103 -7.1 -0.5 DBXT MSRussia 10US$ 259 -7.1 -1.9 Lyxor Russia 10US$ 347 -7.1 -1.4123 words
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Article87 2010-06-11 8 Where S$ stands Jun 10 CHNG YR 2010 CLOSE FR Jun 9 S$ LOW S$ HIGH US$ 1.4115 0.34 1.4219 1.3680 Euro 1.7014 -0.58 2.0153 1.6886 Pounds 2.0602 -0.52 2.2831 2.0003 A$ 1.1859 -1.61 1.2960 1.1515 Yen* 1.5477 0.14 1.5927 1.4467 Rupiah* 0.***** 0.17 0.***** 0.***** Baht* 4.3396 0.1287 words
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Advertisement49 2010-06-11 9 (re)imagine buying an apartment (fully furnished with modern iconic furniture designs) relaxing (on your Eames lounge chair) reading (by the light of your Tom Dixon lamp) the style of urban orchard living /~r TwiinPeaks DEVELOPER WP Cove Development Pte Ltd a wholly-owned subsidiary of OUE sales enquiries 6831 618049 words
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SINGAPORE NEWS
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Article, Illustration567 2010-06-11 10 ABIGAIL KOR, CHAN YU PING - Visitors from the US and Malaysia emerge as the biggest spenders By ABIGAIL KOR, CHAN YU PING GOOD times are back again judging by the rising expenditure of MasterCard cardholders during the first weekend of the Great Singapore Sale (GSS) and this year’s Fashion SeasonARTHUR LEE - 567 words
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396 2010-06-11 10 NISHA RAMCHANDANI - By NISHA RAMCHANDANI SINGAPORE’S real GDP growth could rise 1-1.5 percentage points on the back of higher tourism receipts if the Singapore Tourism Board’s (STB) targets are met at the end of the year. In a report, Credit Suisse estimates396 words
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394 2010-06-11 11 UMA SHANKARI - Caution rules with continued worry about recovery, HR survey shows By UMA SHANKARI COMPANIES are still somewhat cautious about wage increases especially in the light of impending CPF and foreign worker levy increases a new survey from the Singapore Human394 words
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509 2010-06-11 11 AMK, Marine Parade are next best in ratings of estate management TANJONG Pagar Town Council has come out tops in an assessment of Singapore’s 16 town councils by the Ministry of National Development (MND). Tanjong Pagar achieved top ratings in five of the509 words
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225 2010-06-11 11 BONUSES and dividends for most AIA policies will rise in 2010, the company said yesterday, thanks to strong returns of 13.7 per cent. Some 82 per cent of participating or traditional policies are expected to see a rise in projected benefit values. Kenneth225 words
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Advertisement2708 2010-06-11 10 MATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com. BAKER Technology limited BAKER TECHNOLOGY LIMITED (Unique Entity Number *****0637D) (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of Baker Technology Limited (the "Company") will be held at Nautica III, Level2,708 words
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Advertisement726 2010-06-11 10 IN THE HIGH COURT OF THE REPUBLIC OF SINGAPORE CWU O.S. No. No. 85 of 201OC In the Matter of the Companies Act, Chapter 50 And In the Matter of ENSIGN FREIGHT PTE LIMITED (RC No. *****4665H) Between MAU WING INDUSTRIAL LIMITED (Hong Kong RC No *****858) And Plaintiffs ENSIGN726 words
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Page 11 Advertisements
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Advertisement59 2010-06-11 11 J L 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 "7 ■<59 words
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Advertisement127 2010-06-11 11 INVITATION WINE LO t i rr Experience PENFOLDS' Largest Luxury Wine Event Senior Winemaker Kym Schroeter requests the pleasure of your company at our first-ever Luxury Wine Lounge Event in Singapore featuring some of Australia's most collectible wines including PENFOLDS Grange. ION Orchard, Singapore Level 1 (next to Miu Miu127 words
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ECONOMY WATCH
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666 2010-06-11 12 Central bank governor backs efforts to curb volatility of won Reuters [SEOUL] South Korea’s government, alarmed by the wild swings of the won in turbulent markets, is close to slapping new controls on currency trading, though a news report that banksReuters - 666 words
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Article, Illustration519 2010-06-11 12 EC says consensus among all 27-nation members needed NYT [BRUSSELS] The European Commission on Wednesday rebuffed claims from Germany and France that it was moving too slowly to regulate risky financial practices and said a consensus was needed among all members of theNYT; AFP - 519 words
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399 2010-06-11 12 AFP [HANOI] Negotiations will resume next week on a trans-Pacific trade deal to better integrate small and medium-sized businesses into the global economy, Deputy US Trade Representative Demetrios Marantis said yesterday. Talks are to continue in San Francisco on the proposedAFP - 399 words
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596 2010-06-11 12 ANTHONY ROWLEY - PM Kan’s popularity surges; Q1 growth beats expectations By ANTHONY ROWLEY WITH its popularity rates rocketing in media polls, it emerged yesterday that Japanese Prime Minister Naoto Kan’s Democratic Party of Japan (DPJ)-led government could opt to hold a critical upper house596 words
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Page 12 Advertisements
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Advertisement80 2010-06-11 12 The New Paper Big Walk is back! thenewpaper BigWalk Register this weekend (June 12 and 13) at any of the following venues: Singapore Flyer, Sky Deck (car park rooftop) FairPrice Xtra at Jurong Point, FairPrice Xtra at AMK Hub, FairPrice Supermarket at Woodlands Civic Centre Time: 11am to 8pm Fee:80 words
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Advertisement17 2010-06-11 12 www.omy.sg http://south-africa-2010.omy.sg I f ttSlAf > @Blog n .omy.sg/ south afr,ca http://blog Li „gzhi@South Africa http://twitter.coi m/ling* hiSA201017 words
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MALAYSIA/INDONESIA
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409 2010-06-11 13 It will bolster food security by seeking to maintain 45 days of consumption Bloomberg [KUALA LUMPUR] Malaysia plans to build up a rice stockpile to bolster the nation’s food security, seeking to maintain 45 days of consumption so the foodstuff remains affordableBloomberg - 409 words
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250 2010-06-11 13 Bloomberg [KUALA LUMPUR] Malaysia’s industrial production rose for a fifth month in April as electronics makers and power companies increased output to meet demand. Production at factories, utilities and mines rose 10.1 per cent from a year earlier after gaining a revised 14.2Bloomberg - 250 words
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313 2010-06-11 13 AFP [JAKARTA] Indonesian President Susilo Bambang Yudhoyono yesterday acknowledged that his country lacked credibility as it seeks billions of dollars from foreign governments to battle climate change. He said Indonesia suffered a “trust deficit” in the international community that was hampering its ability to winAFP - 313 words
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Page 13 Advertisements
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Advertisement1986 2010-06-11 13 MATS Toll free: 1800-289-8822 Email: notices@sph.com.sg NOTICES NOTICE TO CREDITORS AND CONTRIBUTORS OF INTENTION TO APPLY FOR RELEASE INDUS-COMMERCE TRADING PTE LTD Co. Reg. No. *****3748R Companies Winding Up No. 73 of 1999 Take notice that I, the undersigned Liquidator of the abovenamed Company, intend to apply to the Court1,986 words
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Advertisement1991 2010-06-11 13 adv IN THE MATTER OF THE COMPANIES ACT CAP 50 AND IN THE MATTER OF CLAYMORE TECHNOLOGY GROUP PTE LTD (Co. Registration No. *****3470H) NOTICE OF RESOLUTIONS FOR MEMBERS' VOLUNTARY WINDING-UP (Pursuant to Section 290) At the Extraordinary General Meeting of the members of the above-named company, duly convened and1,991 words
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GREATER CHINA
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371 2010-06-11 14 Embattled firm says it would prefer Taiwan if it offers attractive incentives AP [TAIPEI] Foxconn Technology Group, shaken by a spate of worker suicides at its mammoth industrial compound in southern China, said yesterday it could move some of its production linesAP - 371 words
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283 2010-06-11 14 Bloomberg [SHANGHAI] HSBC Holdings plc, Europe’s biggest bank by market value, aims to raise a “significant amount” with a stock listing in Shanghai, CEO Michael Geoghegan said. The London-based lender is awaiting rules on allowing foreign companies to list on the Chinese mainland, MrBloomberg - 283 words
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574 2010-06-11 14 Bloomberg [TOKYO] Two car factories of Honda Motor Co in China were to remain closed yesterday even as production resumed at a supplier after a strike ended, the company said yesterday. The Honda plants in Guangzhou, Guangdong province were to be closed forBloomberg - 574 words
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Page 14 Advertisements
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Advertisement283 2010-06-11 14 WINE DINE AND HOSPITALITY INDULGENT WEEKENDS AT PAN PACIFIC SINGAPORE From extravagant all-you-can-eat presentations at Global Kitchen and Brunch to sumptuous dim sum buffet at HaiTien Lo featuring new highlights or delectable Japanese kaiseki at Keyaki and Italian set menus at Zambuca; food aficionados are going to be treated to283 words
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GREATER CHINA/INDIA
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Article, Illustration803 2010-06-11 15 Govt measures so far have affected only transaction volumes: economist Bloomberg [BEIJING] China’s property prices rose at the secondfastest pace on record in May, showing little sign yet that the government crackdown on speculation will work to avert an as-set-price bubble.Bloomberg; REUTERS - 803 words
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380 2010-06-11 15 Anil Ambani’s company is seeking fuel for power plants it is building in India Bloomberg [NEW DELHI] Reliance Power Ltd, controlled by billionaire Anil Ambani, bought two companies that own three coal mines in Indonesia as it seeks fuel for power plants itBloomberg - 380 words
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400 2010-06-11 15 Bloomberg [NEW DELHI] India’s food inflation accelerated for a second week, gains that may be short-lived as monsoon rains drive farm prices lower. An index measuring wholesale prices of agriculture products including lentils, rice and vegetables, compiled by the commerce ministry, roseBloomberg - 400 words
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401 2010-06-11 15 AFP [WASHINGTON] A US senator accused China of honey laundering, circumventing decade-old sanctions by exporting the sweet product to the United States via third countries. Democratic Senator Charles Schumer called on US enforcement authorities to crack down on Chinese “honey launderers” who, he said,AFP - 401 words
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Page 15 Advertisements
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Advertisement140 2010-06-11 15 I A V Wn tea. Meier Suites Exclusive Premium Freehold Development 55 Exclusive Freehold Suites with 114 Carpark Lots. Nestled in the tranquil enclave of prime district 15 at Margate Road, off Meyer Road. Premium Suites ranging from 1798-2228 sqft, primarily in 3 4 bedroom configuration. 4 Luxurious Sky Suites140 words
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ASIA-PACIFIC
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Article, Illustration458 2010-06-11 16 Reuters [BANGKOK] Thai Prime Minister Abhisit Vejjajiva appealed to the country yesterday to join a reconciliation effort aimed at mending political divisions and paving the way for elections after bloody anti-gov-ernment protests. South-east Asia’s sec-ond-largest economy suffered its latest political convulsions fromReuters; REUTERS - 458 words
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503 2010-06-11 16 Temasek, Qatar fund said to be in talks for one-year lock-up deal Reuters [HONG KONG] The Agricultural Bank of China is close to signing up a list of cornerstone investors, including Temasek and Qatar’s sovereign fund, for its roughly US$20 billion Hong Kong andReuters - 503 words
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285 2010-06-11 16 Reuters [HONG KONG] Vietnam’s credit default swaps (CDS) hit their widest in 11 months yesterday on concerns about the country’s balance of payments after the IMF warned that foreign reserves covered only seven weeks of imports. In the broad market, debt spreads widenedReuters - 285 words
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251 2010-06-11 16 AFP [SYDNEY] The manager of an Australian hedge fund is suing US investment bank Goldman Sachs for more than a billion US dollars over a bad product it claims made it bankrupt, a lawyer said yesterday. Basis Capital’s Yield Alpha Fund went bustAFP - 251 words
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Advertisement230 2010-06-11 16 WINE DINE AND HOSPITALITY SCORE HIGH WITH THESE EXCLUSIVE FOOTBALL MANIA TREATS 3 beers and a pizza at 50 PERFECT FOR 2 6 beers and 2 pizzas at 100 OR PART 10 beers and 3 pizzas at 150 FOR PART Special Beer Promotions at 12 per order (u.p. 14 WORLD230 words
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WORLD
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Article, Illustration637 2010-06-11 17 Big private sector payroll gains not on the agenda, says economist Reuters AP [WASHINGTON] The number of US workers filing new applications for unemployment insurance fell less than expected last week, while the trade deficit widened slightly in April, pointing to aReuters; AP - 637 words
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583 2010-06-11 17 World Bank chief challenges eurozone restructuring taboo Reuters [MADRID] Marathon negotiations to overhaul Spain’s rigid labour market collapsed yesterday, raising the prospect of a tug-of-war between the government and trade unions in the troubled eurozone state. The head of the World Bank, meanwhile,Reuters - 583 words
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376 2010-06-11 17 Reuters [VIENNA] A string of regulatory reforms across the banking sector could cut 3 per cent off global economic growth over the next five years and cost almost 10 million jobs, top banks said yesterday. The Institute of International FinanceReuters - 376 words
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336 2010-06-11 17 Bloomberg [NEW YORK] US home foreclosures reached a record for the second consecutive month in May, with increases in every state, as lenders stepped up property seizures, according to RealtyTrac Inc. Bank repossessions climbed 44 per cent from May 2009 toBloomberg - 336 words
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520 2010-06-11 17 Bloomberg [PARIS] The International Energy Agency raised its forecast for global oil demand this year as economic recovery in the US bolstered fuel consumption and increased its outlook for supplies from outside Opec. Worldwide oil use will rise by 1.7 million barrels aBloomberg - 520 words
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335 2010-06-11 17 AP AFP [FRANKFURT] The European Central Bank (ECB) left its key interest rate unchanged at one per cent yesterday and stressed that its programme to buy government bonds to ease the debt crisis is only temporary. With markets still jittery the euro hasAP; AFP - 335 words
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681 2010-06-11 18 It says the govt could have acted sooner to engineer a privately funded rescue AP [WASHINGTON] It’s still unclear whether US taxpayers will ever fully recoup the US$182 billion they ploughed into American International Group Inc (AIG), and the government should have used up allAP - 681 words
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Article, Illustration560 2010-06-11 18 NYT [DETROIT] Bye-bye, indeed, Miss American Pie. If General Motors has its way, you won’t be driving your Chevy to the levee ever again. On Tuesday, GM sent a memo to Chevrolet employees at its Detroit headquarters, promoting the importance of “consistency” forNYT; AP - 560 words
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563 2010-06-11 18 They freeze more firms’ assets but don’t hit oil exports AP [NEW YORK] The United States and its allies won approval for the toughest UN sanctions against Iran for refusing to negotiate on its suspect nuclear programme but they’re not the “crippling” penaltiesAP - 563 words
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388 2010-06-11 18 Reuters [LONDON] JPMorgan Chase Co has made heavy losses from bad coal-price bets, traders dealing with the US investment bank said, at a time when proprietary trading at deposit-taking banks faces increased regulatory scrutiny. In recent months, JPMorgan has aggressively betReuters - 388 words
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Page 18 Advertisements
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Advertisement7 2010-06-11 18 T ft v\v \0t I fl11 www.radio9l3.com7 words
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Advertisement30 2010-06-11 18 WINE, WOMEN NETWORKING Shrugging off age-old taboos, wine becomes the Indian woman’s new social mantra TOP 10 SOUTHERN HUNKS GET YOUR COPY TODAY FROM ALL 7-ELEVEN OUTLETS (WHILE STOCKS LAST)30 words
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Advertisement170 2010-06-11 18 BENGAL TIGER LINE LTD NOTICE TO TRADE RATE RESTORATION INDIA WITH EFFECT FROM 1 JULY 2010 We wish to inform the trade that we are implementing a Rate Restoration with effect from 1 July 2010. The following minimum rates will apply to all SOC shipments to and from Singapore and170 words
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AVIATION/SHIPPING
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Article, Illustration724 2010-06-11 19 EADS chief exec also says Emirates’ new order shows plane has passed key test AP [BERLIN] A huge order for the Airbus A380 from Emirates airline means the superjumbo has passed a key “acid test”, but selling it to US airlines remains aAP; BLOOMBERG - 724 words
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488 2010-06-11 19 Reuters [SINGAPORE] Four Singa-pore-based marine fuel traders have resigned from BP, the largest bunker player in the oil and shipping hub, which comes after most of the oil major’s global fuel oil team members quit, three industry sources said yesterday. TheReuters - 488 words
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Article3015 2010-06-11 19 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 VS7279 2350 Amsterdam SQ323 0605 SQ7366 2315 US5410 0605 LO4032 2345 AZ39923,015 words
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626 2010-06-11 19 AP [LONDON] British Airways (BA) is facing the threat of more strikes over the summer after union leaders said they would ballot cabin crew members for further action in a bitter dispute over changes to pay and working conditions. As theAP - 626 words
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215 2010-06-11 19 [SINGAPORE] Changi Airport Group (CAG) and Singapore Post (SingPost) launched a two-month Speedpost@Changi trial service yesterday. The service, located in the transit area of Changi Terminal 1, gives departing passengers the option to post any hand-carried items which may be disallowed on board215 words
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Article278 2010-06-11 19 SGX '000 Jun 10 S$ +/-Vol CH Offshore 0.51 0.01 359 Chuan Hup Hldg unch unch 0 Cosco Corp 1.38 0.01 6020 CWT Ltd 0.88 0.01 261 Ezra Hldgs 1.77 -0.01 3824 First Ship Lea 0.40 unch 3621 Freight Links 0.05 unch 102 Grand Banks unch unch 0278 words
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Page 19 Advertisements
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Advertisement160 2010-06-11 19 ADVANCE CONTAINER LINES (PTE) LTD NOTICE TO TRADE RATE RESTORATION EFFECTIVE 1 JULY 2010 As part of our Business Plan for 2010, we wish to inform the trade that a Rate Restoration will be implemented on 1 July 2010. With effect from 1 July 2010, the following Minimum Rates will160 words
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EDITORIAL & OPINION
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495 2010-06-11 20 EDITORIAL IN a surprise move, the International Air Transport Association (Iata) has dramatically reversed its aviation industry outlook for 2010. Barely three months after forecasting that global airlines would collectively lose some US$2.8 billion, Iata at its annual summit in Berlin this week announced that495 words
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Article, Illustration808 2010-06-11 20 DAVID MASON - THE BOTTOM LINE DAVID MASON MINORITY governments in Britain have a poor history the last ones were in the Harold Wilson/Edward Heath era and fell in months. But the only combination of parties that could produce a working majority was between808 words
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Article, Illustration1029 2010-06-11 20 ANTHONY ROWLEY - As fiscal stimulus winds down, the danger is that economic activity will slump in sympathy ANTHONY ROWLEY Tokyo Correspondent IN the past couple of years or so, the world has gone from an arguably avoidable financial bubble to an inevitable major bust, followedAP - 1,029 words
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Article, Illustration1111 2010-06-11 21 YOGI AGGARWAL - But despite the sales of leading companies, the situation is not as grim as it might appear YOGI AGGARWAL INDIAN pharmaceutical companies that had grown in the past three decades to become a powerhouse of generic manufacturers have recently been feeling the heat ofBLOOMBERG - 1,111 words
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Article, Illustration602 2010-06-11 21 MARTIN HUTCHINSON - By MARTIN HUTCHINSON REUTERS SOME financial products have pathological risk profiles reasonable returns when markets behave well, but disproportionately big losses when markets go wrong. In the last crisis, such products as credit default swaps (CDS) and sub-prime mortgages wreaked havoc. Regulators needREUTERS - 602 words
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SINGAPORE STOCKS
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Article8665 2010-06-11 22 Transaction date: Jun 10 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 14.5 14.5 15.5 1.7 12.5 4.7 69.4 10 5.5 5834 A-Sonic 7 unch 1568,665 words
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Article1608 2010-06-11 23 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 7 33.3 5.8 25 13 8538 t APStrategic 16 13.5 18.5 94.9 4 0.51,608 words
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Article9483 2010-06-11 23 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund!** 1.12/ APS Alpha Fund (USD)!** 0.79/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt S'pore Pte Ltd AXA WM -Talents Fund 0.61/ Aberdeen Asset Mgt Asia Limited American Opp 0.5986/ Asian Credit Fund 1.2461/ Asian9,483 words
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Article687 2010-06-11 23 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 $mil 116 107 6389 ABF SG Bond ETF 112 -3 20 112 112 112 115 511.3 883 610 CIMBAsean40 100US$ US802 807 812 32.1 306687 words
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Article255 2010-06-11 23 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 $mil 56 27 6000 AVJennings A45 40.5 44.5 3.6 7.8 3.6 117.2 31 13 6017 Genting HK US$ US16.5 unch 1904 16.5 16 16 16.5255 words
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FINANCE & COMMODITIES
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374 2010-06-11 24 In local curr In S$ In US$ dy yr dy yr dy yr Jun 9 Index Change Change Change Change Change Change World Index Preliminary 787.1 1.1 -5.5 1.2 -8.6 1.5 -9.2 EAFE Preliminary 723.5 0.8 -7.8 1.2 -15.2 1.6 -15.8 Europe Preliminary 1043.1 1.6374 words
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Article177 2010-06-11 24 Jun 10 $S Offer Bid Overnight 0.03 0.01 1-month 3/8 1/8 2-months 7/16 3/16 3-months 9/16 5/16 Overnight mode: 0.02 US$ 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 2010-06-11 24 Jun 10 S$ Bid Offer 1-month 1.4119 1.4134 2-months 1.4117 1.4133 3-months 1.4116 1.4131 6-months 1.4112 1.4128 Source: OCBC22 words
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Article135 2010-06-11 24 Jun 10 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Jul 10 339.0 Aug 10 316.5 Sep 10 301.5 Oct 10 294.0 294.0 294.0 10 Nov 10 286.0 286.0 286.0 10 Dec 10 285.0 Jan 11 285.0 Feb 11135 words
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Article90 2010-06-11 24 Jun 10 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****N 09.09.2010 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 103.89 103.87 103.87 5-Year N*****0N 1.375 01.10.2014 102.1090 words
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Article105 2010-06-11 24 Jun 9 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jul 10 943.50 931.00 951.75 926.25 Aug 10 920.50 912.25 929.00 908.00 Sep 10 903.25 898.25 910.50 893.25 Nov 10 896.50 894.25 904.00 886.75 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Jul 10 36.75 36.67 37.20105 words
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Article77 2010-06-11 24 CRUDE OIL PRODUCTS Jun 9 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 75.17 2.51 WTI (Near Mth) 73.93 2.11 Dubai (1-Mth F) 72.01 0.44 Tapis blend 76.60 0.50 Minas 74.90 0.65 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 70.55 0.83 Jet Kerosene 83.85 0.65 US$/barrel Opec Oil77 words
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Article132 2010-06-11 24 Jun 10 As at 9am Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.1620 1.1970 Can dollar 1.3470 1.3630 Euro 1.6850 1.7040 NZ dollar 0.9420 0.9630 Sterling pound 2.0450 2.0690 US dollar 1.4080 1.4240 Local dollars to 100 units of foreign132 words
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Article27 2010-06-11 24 Jun 10 Open High Sett STI Jun 2780 SIMSCI Jun 323.7 327.0 326.8 Taiwan Jun 251.6 254.7 254.4 Source: MF Global (S) Pte. Ltd27 words
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Article68 2010-06-11 24 Jun 10 Jun 10 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Jun 10 2529 2525 2535 2521 135 1887 Jul 10 2462 2450 2470 2440 692 ***** Aug 10 2419 2410 2426 2396 6285 ***** Sep 1068 words
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Article365 2010-06-11 24 Jun 10 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Jun10 99.4625 0 2296 Sep10 99.3100 0 2087 Dec10 99.1700 0 872 Mar11 99.0400 0 1474 EUROYEN TIBOR FUTURES Jun10 99.6175 99.6175 99.6175 99.6175 0 4383 Sep10 99.6475 99.6475 99.6450 99.6450 0 3306 Dec10 99.6500 0 1411365 words
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Article82 2010-06-11 24 Jun 9 COCOA (£/tonne) Close Prev High/Low Jul 10 2972 2962 2991/2942 Sep 10 2992 2981 3010/2961 Dec 10 3020 3007 3039/2997 Mar 11 3046 3034 3056/3020 COFFEE (US$/tonne) Close Pev High/Low Jul 10 1383 1341 1385/1336 Sep 10 1407 1375 1412/1369 Nov 10 1421 1394 1428/1384 Jan 1182 words
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2318 2010-06-11 24 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 1 4 8 2.17 20 2036 Advance SCT Ltd W*****9 0.5 1 87 2817 6.002,318 words
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5758 2010-06-11 25 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.5,758 words
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Article465 2010-06-11 24 Jun 10 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.871 5.716 0.696 6.525 39.345 77.334 0.761 10.469 2.768 1.237 71.266 39.077 1.182 6.515 0.960 27.142 27.239 0.574 0.837 Canada 1.149 6.566465 words
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Article85 2010-06-11 24 Jun 10 (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$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths85 words
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Article154 2010-06-11 24 Jun 10 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1817 1.1831 0.8369 0.8370 Canadian dollar 1.3573 1.3590 0.9613 0.9614 Euro 1.6967 1.6989 1.2016 1.2019 NZ dollar 0.9554 0.9568 0.6766 0.6769 Sterling pound 2.0578 2.0605 1.4574 1.4577154 words
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Article141 2010-06-11 24 Jun 10 GOLD (US$/oz) Jun 10 Jun 09 Hong Kong 1223.40 1233.50 Jun 09 Jun 08 London 1224.45 1246.35 1225.25 1247.35 Source: Thomson Reuters CAST BAR Jun 10 (S$) Selling Buying Kilobar 60,141.49 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 134.82 56 5gm 381.99 281 10gm 683.73141 words
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Article69 2010-06-11 24 Jun 9 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 1895.00 1888.00 3 months 1928.00 1920.00 Copper, Grade A (US$/tonne) Cash 6311.25 6134.25 3 months 6340.00 6165.00 Lead (US$/tonne) Cash 1661.75 1583.00 3 months 1680.00 1606.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.0069 words
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Page 25 Advertisements
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Advertisement23 2010-06-11 25 loai TO ADVERTISE, CI A LI IOI WOIMG Can they services here in -the Shipping lllMEfl 1 327 THE BUSINESS TIMES SHIPPING TLLVIES23 words
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Page 26 Advertisements
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Advertisement52 2010-06-11 26 USE THIS SPACE TO SELL CALL JOE WONG AT 9620 1327 TO ADVERTISE THE BUSINESS TIMES SHIPPING TIMES I' n —H Can they FREIGHT I find .y our m services FORWARDER here in the urgently needed by shippers I Shipping Times? THE BUSINESS TIMES TO ADVERTISE, CALL JOE WONG AT52 words
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executive lifestyle
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Article557 2010-06-11 27 jaime ee - off the cuff jaime ee GOOD morning, and thank you for coming to our sales presentation. I am chief instructor at Career Boot Camp, which offers intensive workshops for company employees in need of skills upgrading fast. We are a re-sults-oriented operation which specialises in customised557 words
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Article, Illustration1742 2010-06-11 27 GEOFFREY EU - The forthcoming Art Stage Singapore has every opportunity of emerging as successful as Art HK10, says GEOFFREY EU GEOFFREY EU HONG Kong’s position as the premier art hub in Asia was confirmed at this year’s Hong Kong International Art Fair or Art HK10 whichGEOFFREY EU - 1,742 words
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CINEMA
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Article, Illustration668 2010-06-11 28 GEOFFREY EU - The underdog sensibility and main thrust of the original storyline remain intact in this remake of The Karate Kid says GEOFFREY EU GEOFFREY EU THE prospect of watching Jackie Chan channelling the spirit of Mr Miyagi in a remake of The Karate Kid may not seem to668 words
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Article, Illustration518 2010-06-11 28 DYLAN TAN - By DYLAN TAN IT’S amazing how The A-Team movie director Joe Carnahan can bungle a seemingly easy task of making something bad look good; the original series was a cheesy slice of trashy 1980s television, devoid of the cinematic qualities and high-production values518 words
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BOOKS/WINE/GAMING
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Article, Illustration881 2010-06-11 29 CLARISSA TAN - By concentrating firstly on the quality of writing, Miguel Syjuco has constructed a novel that sharply and wonderfully depicts the panorama of Philippine life, says CLARISSA TAN Ilustrado By Miguel Syjuco Pan Macmillan Asia Pages: 308 Price: S$24 Rating: A CLARISSA TAN IIlustilaryapsligtwiT’S a bitMARCOS TOWNSEND - 881 words
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Article, Illustration1089 2010-06-11 29 N K YONG - By N K YONG THERE is a plethora of reds of all descriptions, from simply drinkable to profound and awesome. There are a lot of awful reds too, but let’s not go there. When it comes to white wine, though, it’s a different story. There1,089 words
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Article, Illustration480 2010-06-11 29 CHRISTOPHER LIM - By CHRISTOPHER LIM THE original BioShock was so ground-breaking that it’s tempting to dismiss the sequel to the first-per-son-shooter (FPS) as a mere evolutionary hop forward. It doesn’t help that BioShock 2 looks so similar to its predecessor that it’s easy to be confused480 words
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ARTS
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Article, Illustration917 2010-06-11 30 AUDREY PHOON - Master teapotter Fong Choo believes that success lies as much with keeping the books as with working the wheel, reports AUDREY PHOON AUDREY PHOON THERE are no typical answers with master potter Fong Choo, just as he is no typical artist. Ask him about hisPHOTOS: JOHN HENG - 917 words
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Article, Illustration554 2010-06-11 30 NATALIE KOH - By NATALIE KOH THE struggle to remain an individual in a society that encourages conformity is a familiar issue that Standing in Line in Order of Height aims to explore in its thought-provoking dance performance that questions whether the concept of individuality is just a facade. What554 words
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SINGAPORE ARTS FESTIVAL
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Article, Illustration645 2010-06-11 31 DYLAN TAN - Line dancing fever continues to grip the nation as the phenomenon finds its way into the Singapore Arts Festival finale, reports DYLAN TAN DYLAN TAN BLAME it on the lack of local Billy Elliots. Singapore’s obsession with line dancing was spawned from the disproportionately645 words
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Article, Illustration611 2010-06-11 31 MELISSA QUEK - By MELISSA QUEK TO tickle the palate of Cantonese Opera aficionados, the Kreta Ayer People’s Theatre Foundation brought in the Nanning Opera Troupe from Guangxi, instead of their usual counterparts from Guangdong. The 60-member-strong troupe brings fresh fare to the Singapore stage with titles611 words
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Article, Illustration558 2010-06-11 31 CHEAH UI-HOON - By CHEAH UI-HOON VIOLENCE its motivation and its implications forms the theme of Cool, a 2007 production by Beijing’s Paper Tiger Theatre. With no obvious narrative running through it, Cool will make use of installations, highly physical bodywork and strong visual elements to convey violence.558 words
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PROFILE
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Article, Illustration890 2010-06-11 32 NATALIE KOH - NATALIE KOH finds out more about Alain Robert, the French Spiderman, who was in S’pore earlier this week to promote the Mettle Games, an extreme sports extravaganza happening at the end of the year NATALIE KOH SOME of you might remember Alain Robert, who climbed up890 words
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AROUND TOWN
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Article132 2010-06-11 32 LIVING in an urban environment, everyone produces tonnes of waste, making it an underrated factor in our society and culture. This waste that we produce and throw away is proof of our existence a fact that artist Ivonne Adel-Bureos has taken notice of and used132 words
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Article85 2010-06-11 32 BRIT Award-winner and Grammy-nominated singer-songwriter Mika will be thrilling his Singapore fans live next week as he performs his top hits Grace Kelly, Relax Take It Easy, Big Girl and We are Golden. Famed for his catchy and distinct tunes, Mika is an established artiste on85 words
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Article156 2010-06-11 32 NATALIE KOH - Compiled by NATALIE KOH TIAN Yun Beijing Opera Society presents An Ode to the Plum Blossom, a Beijing opera with a well-known story, humorous dialogue, polished singing and lavish costumes. The story is about Emperor Qianlong, who is inspired by the beauty of the season’s156 words
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Page 27 Advertisements
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Advertisement7 2010-06-11 27 PROFILE Climbing to help humanity PAGE 327 words
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Page 28 Advertisements
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Advertisement41 2010-06-11 28 Mfvewtevice c7Uiwi€y KOtMAvrie aJ'ia/ru^e aM€ytOfy Prepared by 4-Star Michelin Chef Kunio Tokuoka Kaiseki Courses from $300 $750. A la carte also available. Make a reservation now for lunch or dinner. 6686 3633 www.t 26 Sentosa Gateway #02-139 Crockfords Tower Lobby Level41 words
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Page 30 Advertisements
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Advertisement71 2010-06-11 30 t AQUAVOYAGE LIVE YOUR NAUTICAL DREAMS n xm msm p ■9 3 ■FT c 1 M o u X u Sail into a world of your own with Aqua Voyage and experience excellence enhanced by style and sophistication. Our luxury yachts are the perfect choice for any occasion: Corporate Meetings71 words
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Page 31 Advertisements
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Advertisement209 2010-06-11 31 J) NAFA THE SINGAPORE IRELAND FUND present The Irish Charfti Orchestra The Irish Chamber Orchestra (ICO), Ireland's premier ensemble will stage its debut concert in Singapore right after their performance at the Shanghai Exposition. This one-night only concert will feature an exciting mix of celebrated classics and virtuoso pieces that209 words
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Page 31 Miscellaneous
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Miscellaneous302 2010-06-11 31 CRYPTIC CROSSWORD Across 1 Difficult to understand Jack’s real point that had been accepted (8) 5 Confusion when yours truly has second drink (4-2) 9 That female’s race record included on grazing land (5,3) 10 Crumbs! Right to take the Parisian shrub (6) 11 Shriek when debris is found in302 words
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Page 32 Advertisements
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Advertisement27 2010-06-11 32 Three exceptional journeys. One historic game. Cafe Maravillas, Madrid. Follow Pele, Zidane and Maradona on louisvuittonjourneys.com Louis Vuitton is proud to support The Climate Project. LOUIS VUITTON27 words
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