The Business Times, 25 June 2010
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2010-06-25
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The Business Times
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Title Section23 2010-06-25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|£l A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 123/08/2009 Friday, June 25,201023 words
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564 2010-06-25 1 ANDREW MARKS - Risk of deflation rises and old worries sneak back By ANDREW MARKS THE good news is that the interest rate remains unchanged. And that is also the bad news as the US Federal Reserve’s sombre assessment of the economy on Wednesday is spooking564 words
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Article142 2010-06-25 1 ?ST INDEX 2,847.61 (-23.44) ?ST INDEX FUTURES 2,848 (-23) ?SIMSCI 337.05 (-3.53) ?SIMSCI FUTURES 337.20 (-3.50) FOREX US$ S$ US$ (S$ per US$) 1.391 (US$/S$ per 1.496 2.080 EURO (US$/S$/E) 1.229 1.709 Foreign currency per US$ S$ YEN 89.60 64.50 RM 3.233 2.325 HK$ 7.778 5.593 BAHT 32.41142 words
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Article, Illustration885 2010-06-25 1 JAMIE LEE - 2 pastors at helm in place of founder; processes reviewed By JAMIE LEE [SINGAPORE] There has been a leadership change at City Harvest Church, which is under investigation by the police. Its founder has taken a backseat while two pastors, Derek Dunn and AriesJOHN HENG - 885 words
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Page 1 Advertisements
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Advertisement70 2010-06-25 1 EXECUTIVE LIFESTYLE Back to the future PAGE 32 WINE How your bottle should reach you PAGE 28 COMPANIES Parkway directors defend arrangements with Fortis PAGE 4 ARTS Local playwriting scene holding its own PAGE 8 '*****1 *****4 1 I cv Cf CD ■J#' GEORGE CLOONEY'S CHOICE. o OMEGA Ion Orchard+6570 words
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TOP STORIES
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571 2010-06-25 2 ANTHONY ROWLEY - It says greenback must make way for multi-currency reserve system By ANTHONY ROWLEY THE days of the US dollar as the world’s premier reserve currency are numbered and the dollar regime will have to give way to a multi-currency reserve571 words
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442 2010-06-25 2 SIOW LI SEN - By SIOW LI SEN [SINGAPORE] Bankers, poor things, do suffer real pain despite being paid big bucks. It seems they get confused over how much is enough. And even when they are able to eat the best and shop till they drop,442 words
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Article603 2010-06-25 2 US Fed strikes a sombre note on recovery THE good news is that the interest rate remains unchanged. And that is also the bad news as the Fed’s sombre assessment of the US economy on Wednesday is spooking investors. Although, the Fed strove to make clear to the603 words
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Article501 2010-06-25 4 NISHA RAMCHANDANI - They say Fortis arrangements would not affect their fiduciary obligations By NISHA RAMCHANDANI [SINGAPORE] Three of Parkway Holdings’ directors defended the arrangements that they have entered into with Indian group Fortis Healthcare, saying that the agreement would not affect their fiduciary obligations to Parkway. When501 words
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Article, Illustration947 2010-06-25 4 Reuters AP [CANBERRA] Australia has appointed its first woman prime minister, Julia Gillard, who vowed yesterday to end division over a controversial mining tax, resurrect a carbon trade scheme and call elections within months. Former prime minister Kevin Rudd made an emotional andReuters; AP; REUTERS, AFP - 947 words
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Article553 2010-06-25 4 JOHN FOLEY - Cfl REUTERS BREAKINGVIEWS By JOHN FOLEY IF politics were only a reflection of the economy, Kevin Rudd might still be prime minister of Australia. But yesterday the Manda-rin-speaker was forced to yield the position to Julia Gillard, his formerly loyal deputy. Rudd was elected in a landslide in553 words
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548 2010-06-25 4 UMA SHANKARI - By UMA SHANKARI [SINGAPORE] Australian developer Lend Lease beat five other offers with its top bid of $748.9 million for a 1.9-hectare mixed-use site in the Jurong Lake district. Its bid works out to $650 per square foot per plot ratio (psf548 words
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389 2010-06-25 4 AFP [HONG KONG] Lawmakers yesterday agreed to enlarge the electoral base for choosing the city’s leader, while stopping well short of one person, one vote for the Chinese territory’s seven million people. A split in the pro-democracy opposition allowed passage for the firstAFP - 389 words
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Advertisement53 2010-06-25 2 ~-N,: V* ;';>S immmm SISSf! :-:-t< v'* ■F .-vv... -r-V.-. v SSgfe V.-v-'-;.- sP W vv > *S%3V' §8 smmm V.-l aSKll •-•SMjfs; V>/. v.£3 ass •S: w MMSjllt •v; 1 -■ST' V--'V 5S 1 i V- A Vii ?> AS *3 sm ssi? •-V Si ION Orchard T: 650953 words
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Advertisement136 2010-06-25 2 SATS congratulates Mandala Air on its inaugural flight to Singapore 25 June 2010 mandala mandalaair.com Daily Flights from Jakarta: Rl 800 Arrives SIN at 2320hrs Rl 801 Departs SIN at 0625hrs Flights from Balikpapan on Thursdays, Fridays and Sundays: Rl 808 Arrives SIN at 1620hrs Rl 809 Departs SIN at136 words
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Advertisement266 2010-06-25 3 F1LBR Wm, T->. im <AM m y U M til i n rt f i i i T m trS! 11 Ql m !-rll i "r in H i 1 If i mrnii i u t i irriEt i i n "i ■in rnnl i i gm my im m266 words
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Advertisement9 2010-06-25 4 Treasurer Swan set to keep fiscal policy, Page 169 words
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Advertisement11 2010-06-25 4 An aspect of governance code that needs fine tuning, Page 511 words
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COMPANY NEWS
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448 2010-06-25 5 SIOW LI SEN - Net proceeds is for general business and not acquisitions, unlike UOB’s version By SIOW LI SEN DBS Bank has set up a US$10 billion debt programme to issue senior debt securities. The net proceeds from the issue is for general business purposes, the bank448 words
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622 2010-06-25 5 NISHA RAMCHANDANI - HOCK LOCK SIEW By NISHA RAMCHANDANI IF THERE is one thing that has emerged from the face-off between Malaysia’s Khazanah Nasional and India’s Fortis Healthcare, it is that it has highlighted one major aspect of Singapore’s Code of Corporate Governance that622 words
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276 2010-06-25 5 CHEW XIANG - By CHEW CHEW XIANG ROTOL Singapore will be delisted, following the Singapore Exchange’s (SGX) rejection of its application to stay on the mainboard. Managing director Sheng Mong Chih said the company was told by the exchange that it did not meet276 words
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Article, Illustration300 2010-06-25 7 JAMIE LEE - The 4 jobs through subsidiaries are for the construction and upgrading of vessels By JAMIE LEE KEPPEL Offshore Marine (Keppel O&M) has secured, through its subsidiaries in the Philippines and Singapore, four contracts worth about $50 million for the construction and upgrading of300 words
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348 2010-06-25 8 KALPANA RASHIWALA - Part of this process is a non-legally binding expression of interest exercise By KALPANA KALPANA RASHIWALA THE manager of CapitaCommercial Trust (CCT) is evaluating all options relating to its asset plan for StarHub Centre, including the possibility of retaining the property as an348 words
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235 2010-06-25 8 WINSTON CHAI - By WINSTON CHAI LONDON-BASED FFastFill has become the latest software firm to be given the green light to connect to the Singapore Mercantile Exchange (SMX) when it goes “live” in August. FFastFill, a so-called independent software vendor (ISV), specialises in235 words
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Article, Illustration507 2010-06-25 8 EMILYN YAP - Fitch also worried about growing practice of loan repackaging By EMILYN YAP CHINESE banks which have given out massive loans since 2009 may have bitten off more than they can chew. Fitch Ratings reckons that the quality of their loan books willYEN MENG JIIN - 507 words
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COMPANY BRIEFS
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63 2010-06-25 8 SHAREHOLDERS of C2O Holdings, a Catalist-listed marine logistics and support services provider, have voted in favour of its proposed merger with Swissco International at its extraordinary general meeting yesterday. The proposed merger seeks to create an offshore and marine chartering services group that is63 words
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87 2010-06-25 8 BBR Holdings (S) Ltd said that its subsidiary, Singapore Piling Civil Engineering, has been awarded a contract worth $81.50 million by the Land Transport Authority (LTA). The contract involves the design and construction of the Tai Seng Facility (TSF) Building in connection with the87 words
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121 2010-06-25 8 FIRSTLINKS Investments Corp said yesterday it will pay $150 million to buy Tai-Ao Aluminium Group, a China-based aluminium products manufacturer. Firstlinks, which will pay for the acquisition entirely through issuing new shares, said the rationale was to preserve its listing status after it was121 words
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133 2010-06-25 8 YANGZIJIANG Shipbuilding (Holdings) said that it has submitted an application to the Taiwan Stock Exchange (TSE) and the Taiwan Central Bank for the offering and listing of Taiwan Depository Receipts (TDRs) representing up to 120 million ordinary shares of the company. The TDR133 words
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Page 5 Advertisements
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Advertisement125 2010-06-25 5 www.vw.com.sg Y ;fj £8Powl it s»-.jS-V?* > V Did you notice the leopard? The Passat CC. Once you've seen it, you'll see nothing else. It's no wonder why the Passat CC is attracting so much attention. With the style of a coupe, the dynamics of a sports car and the125 words
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SINGAPORE MARKETS
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Article, Illustration593 2010-06-25 6 R SIVANITHY - Index loses 23 points after HK ends lower, Europe opens to selling on debt concerns STOCKS R SIVANITHY Senior Correspondent JUDGING by most of how yesterday’s trading went, traders must have stayed awake in the early hours of the morning before coming to work, watchingSource: Bloomberg - 593 words
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Article65 2010-06-25 6 Jun 24 VALUE CLOSE BT OB/OS 513.00-191.00 BT CADI -*****.00 -93.00 BT 10-day MA -*****.00 +51.00 FTSE ST Mid Cap 686.53 -5.89 FTSE ST Small Cap 531.48 -3.54 FTSE ST All Share 701.86 -5.75 FTSE ST China Top 264.78 -3.20 FTSE ST China 292.02 -1.04 FTSE ST65 words
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Article186 2010-06-25 6 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 5 8 3 0 0 0 5 8 3 Manufacturing 46 67 56 4 7 10 50 74 66 Commerce 14 23 24 2 3 5 16 26 29 Tpt/Stor/Comms 11 20 10186 words
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Article222 2010-06-25 6 June 24 close: $1.15 CIMB GROUP, June 24 RAISING forecasts; maintain “outperform”: We have raised our FY2010-2012 profit forecasts by 8-11 per cent to assume higher sales and margins in view of the strong turnaround of Broadway’s non-hard-disk-drive (HDD) component business. Accordingly, our target price rises from $1.67222 words
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Article241 2010-06-25 6 June 24 close: $0.56 KIM ENG RESEARCH, June 24 KINGSMEN has successfully completed over $20 million worth of contracts for seven pavilions at the Shanghai World Expo. These are high-margin projects, which will be recognised in its profit and loss in Q2 2010. In our view, the group241 words
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Article412 2010-06-25 6 JAMIE LEE - June 24 close: $1.75 CITI INVESTMENT RESEARCH, June 23 Compiled by JAMIE LEE NET proceeds of $196.4 million from equity raising: CDL-HT announced that it has issued 116.96 million shares under a private placement at $1.71 per share. This represents a 9.4 per cent discount412 words
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Article119 2010-06-25 6 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 15,357 15,357 47,053 47,053 Manufacturing 437,267 12,649 449,916 242,937 529 243,466 Commerce 162,332 17,982 180,314 121,618 5,037 126,655 Tpt/Stor/Comms 77,699 8,908 86,607 144,591 1,444 146,035 Finance 14,680 14,680 141,550 141,550 Construction 58,901 5,434 64,335 9,612119 words
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Article113 2010-06-25 6 Stock name Close Change CapMallsAsia 2.180 -0.040 CapitaLand 3.740 -0.050 CapitaMall 1.860 -0.040 CityDev 10.780 -0.260 ComfortDelGro 1.500 -0.040 DBS Grp 13.760 -0.140 F&N 5.260 +0.090 Genting SP 1.140 -0.010 Golden Agri 0.535 -0.010 HK Land 5.060 -0.010 JMH 36.200 +0.500 JSH 21.000 +0.020 Jardine C&C113 words
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Article, Illustration495 2010-06-25 6 CURRENCIES Reuters [NEW YORK] The US dollar and yen rose against the euro yesterday as a less optimistic outlook on growth from the US Federal Reserve dented investors’ appetite for risk, with the euro further hampered by Greek debt markets. Concerns over GreeceReuters; REUTERS - 495 words
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Article58 2010-06-25 6 VOLUME Genting SP 96,270,000 GMG Global 83,605,000 Ban Joo 79,004,000 UPP 46,632,000 Armstrong 46,603,000 Li Heng 34,474,000 Golden Agri 33,868,000 Baker Tech 31,291,000 Noble Grp 28,801,000 Rowsley 27,671,000 VALUE($) Genting SP 110,796,850 DBS Grp 71,481,840 Noble Grp 53,209,930 SingTel 45,112,350 UOB 31,957,900 Yangzijiang 27,530,800 CapitaLand 27,268,431 F&N58 words
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Article110 2010-06-25 6 BY CENTS CLOSE UP DBXT Nifty 10US$ ***** 196.0 1.2 DBXT S&P Short 10US$ 5402 118.2 1.6 WesTech 330 100.0 43.5 JMH 3620 69.5 1.4 OCC 5.1% NCPS 100 ***** 24.0 0.2 UOB 5.05%NCPS 100 ***** 20.0 0.2 Venture Corp 881 20.0 2.3 OUE 1230 14.0 1.2 Isetan 339110 words
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Article114 2010-06-25 6 BY CENTS CLOSE DOWN Jardine C&C 2910-132.0 -4.3 GLD 10US$ ***** -97.3 -0.6 DBXT FTVietnam 10US$ 4430 -36.1 -0.6 UOB 1938 -34.0 -1.7 DBXT FTChina25 10US$ 3010 -29.2 -0.7 CityDev 1078 -26.0 -2.4 DBXT MSTaiwan 10US$ 1496 -18.1 -0.9 OCC 3.93% NCPS10 8882 -18.0 -0.2 SIA 200 1440 -16.0114 words
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Article87 2010-06-25 6 Where S$ stands Jun 24 CHNG YR 2010 CLOSE FR Jun 23 S$ LOW S$ HIGH US$ 1.3906 -0.29 1.4219 1.3680 Euro 1.7095 -0.42 2.0153 1.6886 Pounds 2.0835 -0.77 2.2831 2.0003 A$ 1.2115 -0.26 1.2960 1.1515 Yen* 1.5527 -1.20 1.5927 1.4467 Rupiah* 0.***** -0.11 0.***** 0.***** Baht* 4.2880 -0.0887 words
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Page 7 Advertisements
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Advertisement1315 2010-06-25 7 SINGAPORE AIRPORT TERMINAL SERVICES LIMITED (Incorporated in the Republic of Singapore) Company Registration No. *****1770G NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of Singapore Airport Terminal Services Limited (the “Company”) will be held at Marina Mandarin Ballroom, Level 1, Marina Mandarin Singapore, 61,315 words
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Advertisement2637 2010-06-25 7 (Incorporated in the Republic of Singapore) Company Registration No. *****1025C NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 28th Annual General Meeting of SIA Engineering Company Limited (“the Company”) will be held at Marina Mandarin Ballroom, Level 1, Marina Mandarin Singapore, 6 Raffles Boulevard, Marina Square, Singapore2,637 words
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Page 8 Advertisements
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Advertisement2377 2010-06-25 8 SINGAPORE AIRPORT TERMINAL SERVICES LIMITED (Incorporated in the Republic of Singapore) Company Registration No. *****1770G NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 37th Annual General Meeting of the Company will be held at the Marina Mandarin Ballroom, Level 1, Marina Mandarin Singapore, 6 Raffles Boulevard, Marina2,377 words
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SINGAPORE NEWS
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Article463 2010-06-25 9 UMA SHANKARI - Freehold condo units in districts 9, 10 and 11 fetching record prices By UMA SHANKARI PRIME freehold condo units in districts 9, 10 and 11 are fetching record prices in the resale market more than they went for during the last peak in the463 words
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338 2010-06-25 9 EMILYN YAP - By EMILYN YAP PRIME office rents finally picked up in the second quarter after a six-quarter slump, CB Richard Ellis (CBRE) said yesterday. With strong leasing activity, the large supply of commercial space coming up looks “increasingly manageable”, the property338 words
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Article, Illustration538 2010-06-25 9 KALPANA RASHIWALA - By KALPANA KALPANA RASHIWALA WITH many families returning from holidays as the June school vacation comes to a close, developers are starting to crank up their launch machinery again. Frasers Centrepoint and Far East Organization begin to preview today their 99-year leasehold Waterfront Gold538 words
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306 2010-06-25 10 RACHEL SIM - MOM aims to tackle risk factors for heart disease and cancer By RACHEL SIM ADULT mortality the risk of dying between the ages of 15 and 59 has declined in Singapore over the past four decades, with life expectancy at birth having306 words
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Article, Illustration710 2010-06-25 10 RONNIE LIM - Way forward is to deepen complexity of refineries here, says oil executive NEWS ANALYSIS By RONNIE LIM ON a single location basis, Singapore with 1.385 million barrels per day (bpd) of refining capacity still remains the world’s third-big-gest oil refining centre after HoustonST FILE PHOTO - 710 words
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Article, Illustration407 2010-06-25 10 SAMUEL EE - It will bypass agents and offer lower premiums By SAMUEL EE NEW online insurer DirectAsia.com aims to capture 5 per cent of the motor market within five years. The direct-to-consumer company will bypass the traditional agent and offer lower premiums for its motor,407 words
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Page 9 Advertisements
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Advertisement37 2010-06-25 9 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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Advertisement312 2010-06-25 9 Abigroup wins Peninsula Link tender with groundbreaking financing partnership 3 miiiiiuiiiiC,. 1 The Client's Challenge To find a highly committed partner to be a co-sponsor, financial adviser and financial arranger for the Peninsula Link Public Private Partnership. Our Response Having developed, advised and arranged over 45% of all availability PPPs312 words
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Advertisement252 2010-06-25 10 CATS Recruit The first door to your world of opportunities CLA/AUG06/g IfiJlOIR TsSiSHJDiaSx^s SINGAPORE NINGBO IMPORT AND EXPORT FAIR B o imFO* 1 9 30 June-2 July, 2010 10:00-18:30 Suntec Singapore International Convention W J? Exhibition Center (401 Hall) The 2nd Singapore Ningbo Import and Export Fair, an event organised252 words
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Advertisement66 2010-06-25 10 O U rJ n c: A M 1 P P-T r~> r L) C r~) c v_y FIND THE ONES THAT FIT! m t c 1 C L nJ Recruit the right people through CATS Recruit. Call 1800 289 8822 or email recruit@sph.com.sg to advertise. -^J A 7JU pJ i66 words
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ECONOMY WATCH
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Article, Illustration738 2010-06-25 11 Warning came from a leaked document obtained by Greenpeace G-20 SUMMIT [TORONTO] Canada welcomed the first arrivals for the G-8 and G-20 talks as a leaked draft communique said leaders will warn that the economic recovery remains “uneven and fragile”. The leaders,REUTERS - 738 words
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Article, Illustration386 2010-06-25 11 AP [TORONTO] Canada’s Finance Minister Jim Flaherty said yesterday that the Group of 20 leading rich and developing nations (G-20) hopes to announce an agreement on deficit reduction targets at next week’s economic summit in Toronto. Mr Flaherty said in an interviewAP; REUTERS - 386 words
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692 2010-06-25 11 AFP [WASHINGTON] US President Barack Obama hopes to return from the Group of Eight and Group of 20 meetings in Canada with new evidence that key powers will fulfil pledges to heal the global economy. At the G-8 “rich nations club” today and tomorrowAFP - 692 words
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296 2010-06-25 11 Reuters [PARIS] There is hope that a meeting of the Group of 20 in Toronto this week will sketch out the framework and general principles of a banking tax, France’s Economy Minister Christine Lagarde said. The European Union formally requested in a letter onReuters - 296 words
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Page 11 Advertisements
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Advertisement112 2010-06-25 11 C3 pn HdCKer kitchen .germanMade. Sale Hacker Kitchen is a brand that has become synonymous with quality and excellence. A German-made Hacker kitchen system is ACi°/* now yours with a /O off on all collections. Come down with your floor plan for a consultation at absolutely no obligations. For a112 words
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MALAYSIA
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Article, Illustration521 2010-06-25 12 PAULINE NG - By PAULINE NG BETTER late than never, one could say of Frasers Hospitality and Malaysia. Having finally established a maiden property in the country, Fraser Place Kuala Lumpur is already proving a right fit. Occupancy rates at the 215 apartments have averaged 70FILE PHOTO - 521 words
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754 2010-06-25 12 S JAYASANKARAN - It says HLB’s RM5.2b hostile bid for the bank’s assets and liabilities is inimical By S in Kuala S JAYASANKARAN THE RM 1.12 billion (S$482.3 million) suit by Primus Pacific Partners against nine directors and two major shareholders of EON Capital revolves around754 words
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283 2010-06-25 12 Reuters [AMSTERDAM] Malaysia’s central bank governor said she did not expect to intervene in foreign exchange markets following China’s announcement of a more flexible policy on the yuan. China said over the weekend that it would allow its currency greater flexibility,Reuters - 283 words
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Page 12 Advertisements
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Advertisement120 2010-06-25 12 Kate Ang, Soo Kee Jewellery SPH Ink Awards Winner V f 4 r I 4 m ik f 7T* 5f V, m. I i i v Si Vlfc *r < k r i- i", i i I s Muicayllm uiHWfij! < u Creativity can Jae subjective, and not every client120 words
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GREATER CHINA
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Article, Illustration720 2010-06-25 13 Details of items that will be 1st to enjoy tariff reductions still being finalised Bloomberg [SHANGHAI]Taiwan said it will sign a trade accord with China next week after more than a year of talks, as warming cross-strait relations pave the way forBloomberg; REUTERS - 720 words
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365 2010-06-25 13 Reuters [SHANGHAI] Google Inc is examining the impact new Chinese laws could have on its Google Maps service that could see it shut down if the company does not meet government requirements. China’s State Bureau of Surveying and Mapping announced new regulationsReuters - 365 words
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Page 13 Advertisements
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Advertisement394 2010-06-25 13 Notice to all shareholders of Parkway Holdings Limited (“Parkway”) from Integrated Healthcare Holdings Limited (“Integrated Healthcare”) INTEGRATED HEALTHCARE WISHES TO ALERT PARKWAY SHAREHOLDERS TO VOTE ON THE PARTIAL OFFER Shareholders should consider the Offer Document and the circular to be issued by Parkway containing the views of the independent directors394 words
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Advertisement336 2010-06-25 13 WINE CULTURE L Fine rare wine merchant 10TH ANNIVERSARY SALE Enjoy up to 50% off on selected labels. (Sale promotion from now until 30 June 2010) Wine Culture Pte Ltd 897 Bukit Timah Road Singapore *****7 Tel: 6463 3888/6462 1129 Email: sales@wineculture.com.sg OPENING HOURS: MON SAT 10.30AM TO 7PM Securing336 words
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INDIA
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538 2010-06-25 14 Second such deal of year for oil and gas major as it tries to grow N America ops AP [MUMBAI] Reliance Industries said yesterday it has agreed to pay US$1.3 billion for a stake in the shale gas assets of Texas-based PioneerAP - 538 words
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190 2010-06-25 14 Reuters [NEW DELHI] India’s maverick environment minister is resisting pressure from some Cabinet colleagues to clear forests for mining and roads in a tussle that underlines the country’s struggle for sustainable growth. Jairam Ramesh wants to protect and expand India’s remaining forest landReuters - 190 words
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Article, Illustration356 2010-06-25 14 Bloomberg [NEW DELHI] India’s food inflation has accelerated, adding pressure on the government to sell more rice and wheat from the state grain reserves to damp prices. An index measuring wholesale prices of agricultural products including lentils, rice and vegetables compiledBloomberg; BLOOMBERG - 356 words
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Page 14 Advertisements
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Advertisement291 2010-06-25 14 WINE DINE AND HOSPITALITY JAPANESE MANDARIN Say "Oiishi!"to the first ever Japanese buffet Sunday brunch available in a hotel in Singapore, featuring a free flow of Kirin beer, Japanese cocktails and Chandon sparkling wine. For reservations, please call 6831 6288/71 or email dine.orchard@meritus-hotels.com (P three www.meritus-hotels.com MANDARIN ORCHARD SINGAPORE MANAGED291 words
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ASIA-PACIFIC
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520 2010-06-25 15 Recovery may be affected by stimulus withdrawals, Europe debt problems AFP [TOKYO] Japan logged a smaller-than-expected rise in its May trade surplus as the slowest export growth in five months signalled that a trade-dependent recovery may be losing steam, data showed yesterday.AFP - 520 words
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212 2010-06-25 15 Reuters [MANILA] The Asian Development Bank (ADB) is planning to invest in a US$1 billion fund to finance energy efficiency and renewable energy projects in the Philippines, an oil-importing country, a bank official said on Wednesday. The projects may involve hydropower, wind, solarReuters - 212 words
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258 2010-06-25 15 AFP [SEOUL] North Korea’s economy shrank last year because of sluggish agricultural production and tougher international sanctions, South Korea’s central bank said yesterday. The communist state’s gross domestic product shrank 0.9 per cent year-on-year after expanding 3.1 per cent in 2008, theAFP - 258 words
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246 2010-06-25 15 AFP [SEOUL] South Korea yesterday raised its economic growth projection for this year to 5.8 per cent, up from 5.0 per cent, reflecting growing confidence about its solid economic recovery. The revised outlook matches a forecast laid out by the Organisation for EconomicAFP - 246 words
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Article, Illustration411 2010-06-25 16 New PM Julia Gillard open to changing proposed mining super tax Bloomberg [SYDNEY] Wayne Swan’s continued role as treasurer in Australia’s government, and his appointment as deputy prime minister, signals the country’s new administration will avoid any immediate shift in fiscal policy. MrBloomberg; AFP - 411 words
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Article, Illustration781 2010-06-25 16 Firm is doing utmost to improve quality control, he says AP [TOYOTA] Toyota Motor Corp president Akio Toyoda bowed deeply and apologised to shareholders yesterday for the troubles caused by massive global recalls of the company’s vehicles. Mr Toyoda was facing shareholders for the firstAP; AP, REUTERS - 781 words
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528 2010-06-25 16 Reuters [TOKYO] Less than half a year ago, Naoto Kan was promising to cut waste until the government “got a nosebleed” as a way to rein in Japan’s huge public debt. But a close encounter with the Greek debt crisis during his tenureReuters - 528 words
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590 2010-06-25 16 Bloomberg [BANGKOK] Ford Motor Co said it will build a US$450 million car factory in Thailand, its first wholly owned plant in the country, undeterred by fatal anti-govern-ment protests in Bangkok earlier this year. The carmaker will make Focus cars for domestic andBloomberg - 590 words
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220 2010-06-25 16 AFP [BEIJING] Toyota said yesterday it expected two assembly lines in south China to stay idle for the rest of the week. Operations at Toyota’s plant in the southern city of Guangzhou have been halted since Tuesday because ofAFP - 220 words
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Advertisement32 2010-06-25 15 eritage Building Sultan'Mosque 5|500 sq feetj JRestored to Full Glory.' VI i- X.I Uoo US. UXL-TE v i wra JERRY LUM Marketing Director, MBA. CES HP: 8288 0098 View: jerrylum.myweb.sg c« ERA32 words
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Page 16 Advertisements
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Advertisement7 2010-06-25 16 T ft v\v iff I fl11 www.radio9l3.com7 words
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Advertisement30 2010-06-25 16 V-X U FIND THE ONES J THAT FIT! Recruit the right people through CATS Recruit. C~" Call 1800 289 8822 or email recruit@sph.com.sg j to advertise. rO -7 r^J 130 words
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WORLD
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Article, Illustration768 2010-06-25 17 ANDREW MARKS - CEO sees very good 2011, forecasts solid growth in the firm’s European business By ANDREW MARKS SOME 100 years ago, Charles Dow, the founder of Dow Jones Co, said that if railways are busy “it’s a good sign for the economy and forBLOOMBERG - 768 words
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Article, Illustration625 2010-06-25 17 Beijing should allow unit to appreciate against US$, it says AFP [WASHINGTON] US President Barack Obama’s administration said on Wednesday that the Chinese currency remained undervalued despite a pledge by Beijing to relax controls on the yuan following international pressure. Five days after theAFP - 625 words
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Article, Illustration661 2010-06-25 18 Figures suggest hiring remains weak even as economy recovers LATEST US DATA AP [WASHINGTON] Initial claims for jobless benefits fell by the largest amount in two months last week, but remain above levels consistent with healthy job growth. Despite the dropAP; AFP - 661 words
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382 2010-06-25 18 Reuters [BAGHDAD] Iraq is in talks with six or seven foreign banks interested in entering the Iraqi market, despite insurgent attacks against financial institutions such as the central bank, the bank’s governor said on Wednesday. “There are some foreign banks which have interest toReuters - 382 words
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Article, Illustration457 2010-06-25 18 Bloomberg [BRUSSELS] The euro’s declines in recent months may boost exports from the currency area by 5 per cent, though the long-er-term impact on economic growth is “less certain”, the European Union (EU) said. “The trade recovery is now gathering momentum onBloomberg; REUTERS - 457 words
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479 2010-06-25 18 But labour market remains tight overall: BNP Paribas Bloomberg [BOGOTA] Brazil’s unemployment rate was higher than economists expected in May even as officials said Latin America’s biggest economy is showing signs of labour shortages in some industries. Unemployment rose to 7.5 perBloomberg - 479 words
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Page 17 Advertisements
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Advertisement1487 2010-06-25 17 Q6ATS BUY IT• SELL IT• FIND IT NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg Form69(3) NI N IN THEMATTEROF THECOMPANIESACT(CHAPTER50) AND NI N IN THEMATTEROF FORSYTH TNERS(SINGAPORE) PTE (INCOMPULSOR WINDINGUP) (Co.Reg.No:*****2177R) NOTICEOFINTENDEDDIVIDEND Name Company: ForsythPartners(Singapore)PteLtd(InCompulsorWindingUp) Address RegisteredOffice: C/o47HillStreet#05-01 SingaporeChineseChamber Commer Industr Building Singapore*****5 Court: SupremeCourt,Singapore Number Matter: CompaniesWindingUpNo.6 2008/V LastDay ReceivingProofs:1,487 words
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Advertisement474 2010-06-25 17 IN THE MATTER OF THECOMPANIES 50 AND IN THE MATTER OF FLEXTRONICS DISTRIBUTION CENTRE (SIN APORE)PTE R( R (Registration 970 66K) (InMember oluntar Liquidation) NNOOTICEOFRESOLUTIONS [Pursuant Section290(2)(b)] AnExtraordinar Gener Meeting he Compan deemed hav beencon ned pursuant Section 79(6) heCompanies Act,Cap.50,held ChangiSout Lane, Singapor 486 onhe22ndday June, 20 hefollowing esolutions474 words
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Page 18 Advertisements
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Advertisement65 2010-06-25 18 Hurry! ONLY 800* SPOTS LEFT Register this Saturday (June 26) at The Singapore Flyer, Sky Deck (carpark rooftop) Time: 11am to 8pm Fee: $10 per participant the new paper BigWalk Registration closes when all slots are taken with The New Paper masthead for that day $2off off $1 with Anlene65 words
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WORLD CUP
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Article, Illustration900 2010-06-25 19 Reigning champs, unable to break opponents’ defences, out of World Cup AP AFP Reuters [JOHANNESBURG] Reigning champions Italy crashed out of the World Cup yesterday, losing 3-2 to Slovakia, who reached the last 16 along with Paraguay after the South Americans’ 0-0 draw with GroupAP; AFP; Reuters; AFP, AP - 900 words
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690 2010-06-25 19 MALMINDERJIT SINGH - By MALMINDERJIT SINGH ENGLAND to win the World Cup? Faithful fans of the Three Lions claim that their team’s victory over the Slovenians on Wednesday night proves that England has put the worst behind them and will now march on to lift the trophy690 words
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Page 19 Advertisements
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Advertisement988 2010-06-25 19 BEATS c Toll free: 1800-289-8822 Email: notices@sph.com.sg NOTICES INDIABULLS PROPERTIES INVESTMENT TRUST (Re rationNumber*****0 (a busine tru con tutedon 200 und the ws theRepubl Singap MMMMAAAANAGEDBY INDIABULLSPROPERT MANAGEMENTTRUSTEEPTE (C (Compa Registratio Numb *****0456G) (as rustee-Manag ndiabull operties stment ust NOTIC OFANNALGENER MEETIN NOTIC HEREBYGIVENtha theSecondAnnualGenera eeting theunitholde ndiabu opetie estmen988 words
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EDITORIAL & OPINION
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532 2010-06-25 20 EDITORIAL THE resurgence of gold sends mixed signals to investors. Traditionally, gold is seen as a store of value and hedge against inflation, a safe haven in turbulent times. Increasingly, it is seen as a currency in itself, the ultimate hedge against532 words
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Article, Illustration771 2010-06-25 20 YOGI AGGARWAL - THE BOTTOM LINE YOGI AGGARWAL THERE have been few rags-to-riches stories as compelling as the Ambani saga. And their story continues to enthral the many admirers and critics of one of the richest families in the world. The latest chapter opened when771 words
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Article, Illustration1058 2010-06-25 20 ANTHONY ROWLEY - Kan sees woes clearly but has no answers PM’s much vaunted ‘growth strategy’ isn’t radical enough to alter the situation materially ANTHONY ROWLEY Tokyo Correspondent ‘SOMETHING is wrong with Japanese society: it is suffocating.” These words were spoken this week not by a sociologist or even a psychologist, but byAP - 1,058 words
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Article, Illustration1226 2010-06-25 21 KOH SOO HOW, COLIN MORROW - GST-registered firms should seriously consider the short-term pain of GST self-review as a healthier option to annual audits By KOH SOO HOW, COLIN MORROW Koh Soo How is Asia Pacific Indirect Taxes Network Leader and Colin Morrow is a Senior Tax Manager ofSTOCK EXCHANGE - 1,226 words
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Article, Illustration831 2010-06-25 21 IAN CAMPBELL - fcS REUTERS BREAKINGVIEWS By IAN CAMPBELL THE UK’s Conservative and Liberal Democrat coalition is planning big cuts but stressing fairness. Greece’s George Papandreou is finding straight talk and a ready smile help overcome opposition. Can cutting leaders do their job andREUTERS - 831 words
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AVIATION/SHIPPING
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Article, Illustration752 2010-06-25 22 VEN SREENIVASAN - Award-winning airline focuses on top-notch service, safety and aircraft reliability By VEN SREENIVASAN By [SINGAPORE] “Koreans, by nature, are difficult to deal with. They are very fussy. It is quite difficult to satisfy them.” Asiana Airlines regional general manager HS Kim cites thisBLOOMBERG - 752 words
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313 2010-06-25 22 Bloomberg [DALLAS] Boeing Co says it may recommend cutting the interval between inspections of engine pylons on its 767 aircraft by more than two-thirds after cracks were found on two American Airlines planes this month. Pylons, which hold the engines to the aircraftBloomberg - 313 words
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286 2010-06-25 22 Bloomberg [LONDON] The cost of shipping Middle East crude to Asia has fallen for a fourth consecutive day, the longest losing streak in almost a month, after an earlier surge in rates spurred charterers to delay bookings. Charter rates for very large crudeBloomberg - 286 words
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Article278 2010-06-25 22 SGX '000 Jun 24 S$ +/-Vol CH Offshore 0.54 unch 552 Chuan Hup Hldg 0.27 -0.01 30 Cosco Corp 1.50 -0.03 ***** CWT Ltd 0.92 -0.02 522 Ezra Hldgs 1.88 -0.05 4883 First Ship Lea 0.39 -0.01 2316 Freight Links 0.05 unch 1060 Grand Banks unch unch 0278 words
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446 2010-06-25 22 Bloomberg [LUXEMBOURG] European Union governments have dropped a threat to scale back flight rights for US airlines in Europe in return for an American pledge to work towards allowing foreign ownership of carriers. EU transport ministers approved the expansion of a 2008Bloomberg - 446 words
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Article3014 2010-06-25 22 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi SQ457 1230 SQ456 1250 EY470 2220 Adelaide LH9771 1745 9W4082 2230 SQ278 1745 AF8088 2230 VS7268 1745 BA7382 2230 JL5083 2230 QF82 2230 LH9770 2350 SQ279 2350 VS7279 2350 Amsterdam SQ323 0605 SQ7366 2315 US5410 0605 LO4032 2345 AZ39923,014 words
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Page 22 Advertisements
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Advertisement105 2010-06-25 22 NOTICE OF RATE RESTORATION In order to ensure that the Members Lines are able to continue to provide the service necessary to meet the needs of their customers, the Members Lines of the Asia West Africa Trade Agreement have decided to implement the following rate restoration for the Far East-West105 words
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SINGAPORE STOCKS
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Article8827 2010-06-25 23 Transaction date: Jun 24 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 7.5 3148 8Telecom 16 unch 364 16 16 15.5 16.5 1.7 11.3 5.1 76.6 10 5.5 58348,827 words
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Article1641 2010-06-25 24 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 18 16.5 18 106.8 4 0.51,641 words
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Article9272 2010-06-25 24 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund!** 1.16/ APS Alpha Fund (USD)!** 0.83/ AXA Life Secure Ascent 2020 Fund 0.9385/0.9385 AXA Wealth Mgt S'pore Pte Ltd AXA WM -Talents Fund 0.65/ Aberdeen Asset Mgt Asia Limited American Opp 0.6191/ Asian Credit Fund 1.2507/ Asian9,272 words
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Article704 2010-06-25 24 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 $mil 116 107 6389 ABF SG Bond ETF 109 110.1 116 497.6 883 632 CIMBAsean40 100US$ US854 unch 0 854 854 850 855 34.2 306704 words
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Article250 2010-06-25 24 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 $mil 56 27 6000 AVJennings A43.5 43.5 48.5 3.6 8 3.5 113.3 31 13 6017 Genting HK US$ US19.5 unch ***** 20.5 19.5 19 19.5250 words
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FINANCE & COMMODITIES
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374 2010-06-25 25 In local curr In S$ In US$ dy yr dy yr dy yr Jun 23 Index Change Change Change Change Change Change World Index Preliminary 804.1 -1.0 -3.4 -0.4 -7.2 -1.1 -6.4 EAFE Preliminary 748.9 -1.3 -4.6 -0.6 -11.8 -1.3 -11.1 Europe Preliminary 1080.4 -1.3374 words
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Article180 2010-06-25 25 Jun 24 $S Offer Bid Overnight 3/16 1/16 1-month 3/8 1/8 2-months 7/16 3/16 3-months 9/16 5/16 Overnight mode: 0.09 US$ 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 12180 words
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Article22 2010-06-25 25 Jun 24 S$ Bid Offer 1-month 1.3898 1.3912 2-months 1.3895 1.3909 3-months 1.3893 1.3907 6-months 1.3886 1.3900 Source: OCBC22 words
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Article134 2010-06-25 25 Jun 24 As at 9am Jun 24 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2030 1.2400 Can dollar 1.3270 1.3430 Euro 1.7000 1.7200 NZ dollar 0.9810 1.0030 Sterling pound 2.0660 2.0910 US dollar 1.3800 1.3960 Local dollars to 100 units134 words
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Article27 2010-06-25 25 Jun 24 Open High Sett STI Jun 2848 SIMSCI Jun 340.8 341.6 337.2 Taiwan Jun 268.1 269.4 268.1 Source: MF Global (S) Pte. Ltd27 words
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Article66 2010-06-25 25 Jun 24 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Jul 10 2449 2457 2458 2449 334 6324 Aug 10 2409 2413 2418 2406 1900 ***** Sep 10 2381 2390 2393 2379 6559 ***** Oct 10 2372 238066 words
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Article415 2010-06-25 25 Jun 24 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Sep10 99.3050 0 3125 Dec10 99.1850 0 1911 Mar11 99.1250 0 1971 Jun11 99.0150 0 2003 EUROYEN TIBOR FUTURES Sep10 99.6350 99.6350 99.6350 99.6350 0 4033 Dec10 99.6425 0 1372 Mar11 99.6475 0 1906 Jun11 99.6425 3415 words
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Article138 2010-06-25 25 Jun 24 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Jul 10 368.0 365.0 366.5 60 Aug 10 345.0 345.0 345.0 20 Sep 10 330.0 330.0 330.0 10 Oct 10 315.0 Nov 10 310.0 Dec 10 310.0 Jan 11138 words
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Article93 2010-06-25 25 Jun 24 Jun 24 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****A 23.09.2010 0.31 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 103.68 103.70 103.70 5-Year N*****0N 1.375 01.10.2014 102.3193 words
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Article105 2010-06-25 25 Jun 23 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jul 10 958.00 965.50 966.25 956.50 Aug 10 946.00 958.00 957.50 945.25 Sep 10 930.00 942.50 941.00 929.00 Nov 10 923.50 936.00 935.75 921.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Jul 10 37.59 37.93 37.98105 words
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Article77 2010-06-25 25 CRUDE OIL PRODUCTS Jun 23 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 76.26 -2.78 WTI (Near Mth) 75.63 -1.44 Dubai (1-Mth F) 76.05 -0.06 Tapis blend 81.90 -0.25 Minas 80.80 -0.25 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 72.27 -0.39 Jet Kerosene 89.35 -0.75 US$/barrel Opec Oil77 words
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2451 2010-06-25 25 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Tel Last Vol Conv Exer Disc Gear-Mths Code Company Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 3 unch 71 1 15 6.00 47 4085 ASJ Hldgs W*****1 3 unch 900 1 4 -7 2.50 20 2036 Advance SCT Ltd W*****9 0.5 12,451 words
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5547 2010-06-25 26 BALISA SHIPPING TRADING PTE LTD 8 Shenton Way, #40-03A, Singapore *****1 Tel: 6345 5700 Fax: 6345 5227 Email: singapore@balisagp.com CR NO. **********0W UK CONTINENT SERVICE U.S.A. SERVICE Destination STXPO TBN Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Destination STXPO TBN New Orleans/Camden *Loads E./W.5,547 words
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Article465 2010-06-25 25 Jun 24 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.904 5.923 0.708 6.765 40.378 78.799 0.780 10.342 2.812 1.232 74.168 40.291 1.210 6.573 0.962 28.011 28.189 0.582 0.870 Canada 1.106 6.550465 words
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Article85 2010-06-25 25 Jun 24 (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$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths85 words
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Article139 2010-06-25 25 Jun 24 GOLD (US$/oz) Jun 24 Jun 23 Hong Kong 1233.80 1242.00 Jun 23 Jun 22 London 1230.65 1238.75 1231.65 1239.75 Source: Thomson Reuters CAST BAR Jun 24 (S$) Selling Buying Kilobar 59,145.32 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 132.68 55 5gm 376.64 276 10gm 671.96139 words
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Article71 2010-06-25 25 Jun 23 Jun 23 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 1908.75 1927.75 3 months 1941.00 1959.00 Copper, Grade A (US$/tonne) Cash 6487.50 6582.25 3 months 6515.00 6610.00 Lead (US$/tonne) Cash 1790.75 1803.75 3 months 1815.00 1828.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne)71 words
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Article154 2010-06-25 25 Jun 24 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2086 1.2104 0.8695 0.8700 Canadian dollar 1.3367 1.3386 0.9616 0.9621 Euro 1.7082 1.7100 1.2289 1.2291 NZ dollar 0.9812 0.9824 0.7059 0.7061 Sterling pound 2.0786 2.0810 1.4954 1.4957154 words
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Article82 2010-06-25 25 Jun 23 COCOA (£/tonne) Close Prev High/Low Jul 10 2500 2516 2518/2486 Sep 10 2400 2405 2408/2373 Dec 10 2270 2285 2290/2257 Mar 11 2234 2243 2247/2219 COFFEE (US$/tonne) Close Pev High/Low Jul 10 1551 1532 1551/1527 Sep 10 1580 1569 1583/1558 Nov 10 1590 1580 1592/1576 Jan 1182 words
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Page 26 Advertisements
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Advertisement6 2010-06-25 26 Shipping lines seeking reliable logistics partners6 words
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Page 27 Advertisements
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Advertisement52 2010-06-25 27 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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Page 28 Advertisements
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Advertisement9 2010-06-25 28 Watch Finalists Rally on video! Vote Win& attractive prizes!9 words
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Advertisement34 2010-06-25 28 tabla! THE HEARTBEAT OF THE INDIAN COMMUNITY SAINA SHINES IN S'PORE MANIRATNAM Jewel of Indian cinema 1/ hi WL X 4 ,y I GET YOUR COPY TODAY FROM ALL 7-ELEVEN OUTLETS WHILE STOCKS LAST34 words
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executive lifestyle
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BOOKS/WINE
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Article, Illustration1382 2010-06-25 28 SAM TANENHAUS - John Updike’s huge archive demonstrates the painstaking care he took to establish the tone and atmosphere of his novels, finds SAM TANENHAUS SAM TANENHAUS NYT [CAMBRIDGE, Massachusetts] WHEN John Updike died of lung cancer in January 2009, at 76, there seemed little left toNYT; BLOOMBERG FILE PHOTO - 1,382 words
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Article, Illustration1182 2010-06-25 28 N K YONG - By N K YONG LOCATION, location, location. That is the battle cry of the property agent. But when it comes to a wine merchant or auctioneer, the equivalent would be “Provenance, provenance, provenance”. When you ask for a valuation of your wines from oneBLOOMBERG FILE PHOTO - 1,182 words
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MUSIC/GAMING
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Article, Illustration842 2010-06-25 29 CHRISTOPHER LIM - Chilled-out songs needn’t lack passion or intensity, says CHRISTOPHER LIM CD REVIEW CHRISTOPHER LIM THE biggest enemy of albums of slow and soft songs is monotony because the lack of variety forces singers and songwriters to work doubly hard to avoid losing their listeners.842 words
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Article, Illustration994 2010-06-25 29 BEN SISARIO - By BEN SISARIO NYT [NEW YORK] In death, Michael Jackson has had the comeback he always wanted. His estate, managed by two long-time associates, the entertainment lawyer John Branca and the music executive John McClain, has nearly settled his troubled finances byNYT; AFP - 994 words
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Article, Illustration549 2010-06-25 29 LEE KIM SIANG - By LEE LEE KIM SIANG AT FIRST glance, Alpha Protocol seems nondescript, bland even. However, like the best secret agents, look again and you’ll find that there’s more to this game than belies its outward appearance. From Obsidian Entertainment, the same folks549 words
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ARTS
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Article, Illustration914 2010-06-25 30 CHEAH UI-HOON - Writers’ Lab in its 20th year and 20% rise in Short+Sweet submissions, reports CHEAH UI-HOON CHEAH UI-HOON IF not for the deadlines imposed on him, and someone sending him reminders to send in his drafts, Bryan Tan might have taken longer to complete Someday,914 words
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Article, Illustration541 2010-06-25 30 NATALIE KOH - By NATALIE KOH STANDING in Line in Order of Heigh t, a combined performance of Singapore’s Maya Dance Theatre and Quantum Leap, a youth dance ensemble from Australia, opened two weeks ago in Canberra, Australia to good reviews. However, their run here last weekend did541 words
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Article, Illustration573 2010-06-25 30 NATALIE KOH - By NATALIE KOH YES, Adrian Pang can sing. And surprisingly well, at that. The Full Monty, the debut production of Pangdemonium! Productions, which was founded by Pang and his wife, Tracie, brought out more than Pang’s hidden singing talent last Saturday evening, with an ending to573 words
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AROUND TOWN
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Article, Illustration143 2010-06-25 30 MANY locals think of Tiong Bahru with nostalgia. It was one of Singapore’s early attempts to become a cosmopolitan city. And to many Singaporeans, it is not only an urban icon but a cultural and emotional one too. Tiong Bahru Sketches: Outside-In by artists Miel, Tia143 words
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149 2010-06-25 30 NATALIE KOH - Compiled by NATALIE KOH IT’S never too late to learn. The Necessary Stage, with support from the Council for Third Age, is conducting the seventh instalment of Theatre for Seniors: Short Term Workshops for people aged 50 and older. The workshops, which will be conducted149 words
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96 2010-06-25 30 AS a tribute to the street vendors and artisans of the past, the National Museum of Singapore presents Surviving the Streets: Peddlers and Artisans in Early-Mid 20th Century Singapore. The exhibition explores five themes colonial control and portraits, artisans, peddlers, services and social life and will96 words
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Article118 2010-06-25 30 MORE than 300 children from Odyssey The Global Preschool are putting their hands together to create little masterpieces to raise funds for Make-A-Wish Foundation (Singapore). After raising $3,000 through a collective effort last year, the children, aged two to six, are creating works that reflect118 words
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CINEMA
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Article, Illustration720 2010-06-25 31 GEOFFREY EU - Knight and Day is blissfully free from the constraints of a complex plot and the need to even make much sense; its primary purpose is to entertain the boys and girls of summer, says GEOFFREY EU GEOFFREY EU THERE must be a clause somewhere inBLOOMBERG - 720 words
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Article, Illustration415 2010-06-25 31 CHRISTOPHER LIM - BLU-RAY Reviewed by CHRISTOPHER LIM ALTHOUGH the Ip Man biopics feature some of martial arts star Donnie Yen’s best acting, they fall prey to two cliches of the genre: the hero’s halo, and celebrations of Chinese xenophobia. Bodyguards and Assassins presented an altogether different challenge415 words
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Article, Illustration676 2010-06-25 31 GEOFFREY EU - Where love pragmatism collide By GEOFFREY EU “PEOPLE want to believe in true love, don’t they?” says a New York magazine editor (Oliver Platt) to his efficient, young and pretty female fact-checker Sophie (Amanda Seyfried), who is of course the living embodiment of that very sentiment. In Letters to Juliet,BLOOMBERG - 676 words
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Article, Illustration610 2010-06-25 31 DYLAN TAN - By DYLAN TAN TRUST the Hong Kong film industry to spot a cash cow. With two earlier Ip Man movies smashing box offices domestically and in the region, anything with the late Wing Chun grandmaster’s name on the poster seems to guarantee an610 words
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Article, Illustration1142 2010-06-25 32 DYLAN TAN - Advanced robotic technology brings dinosaurs back to life in a money-spinning arena spectacle that’s changing the face of animatronics and ‘live’ entertainment, reports DYLAN TAN DYLAN TAN EXTINCT giant lizards will be heading our way when Walking With Dinosaurs: The Arena Spectacular stomps into Singapore at1,142 words
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Page 29 Miscellaneous
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Miscellaneous314 2010-06-25 29 CRYPTIC CROSSWORD Across 1 A defeat that is humiliating (8) 9 One cannot hear it when it is dropped (8) 10 Having escaped without payment? (4) 11 Hooligan’s a card, one with unpolished manners (5,7) 13 Logical to restrict endless beer (8) 15 Steal young animal having 40 winks (6)314 words
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Page 31 Advertisements
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Advertisement23 2010-06-25 31 a* -s- tk Lianhe Zaobao Guangzhou to ensure better air quality for Asian Games riNi^tgGDPTPi To subscribe, call 6388-3838 or go to sphsubscription.com.sg23 words
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Page 32 Advertisements
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Advertisement61 2010-06-25 32 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 1? u. .*mii M TOP obtained Developer Hong61 words
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Advertisement10 2010-06-25 32 CD REVIEW The fine art of singing softly PAGE 2910 words
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