The Business Times, 28 January 2011
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2011-01-28
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The Business Times
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Title Section24 2011-01-28 1 THE BUSINESS TIMES S$1 .00 online at http://www.businesstimes.com.sg S|Sl A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 138/08/2010 Friday, January 28,201124 words
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651 2011-01-28 1 ANTHONY ROWLEY - By ANTHONY ROWLEY in Tokyo IT was a downgrade that might not have been totally unexpected. But global financial markets nevertheless sat up and took notice yesterday as Standard Poor’s (S&P) cut its credit rating on long-term Japanese government bonds the first651 words
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836 2011-01-28 1 KALPANA RASHIWALA - Trend reflects Singapore’s place as globalised city and investment centre: analysts By KALPANA RASHIWALA [SINGAPORE] As more condos and apartments are being bought by foreigners, analysis shows that the increase in the number of homes being bought by non-permanent residents is outpacing that of836 words
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Article143 2011-01-28 1 HST INDEX 3,219.83 (-0.95) HST INDEX FUTURES 3,220 (-1) HSIMSCI 381.80 (-0.36) HSIMSCI FUTURES 382.20 (-0.60) FOREX US$ S$ US$ (S$ per US$) 1.280 (US$/S$ per 1.490 1.908 EURO (US$/S$/E) 1.365 1.748 Foreign currency per US$ S$ YEN 83.10 64.90 RM 3.053 2.384 HK$ 7.790 6.083 BAHT 30.87143 words
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Advertisement73 2011-01-28 1 STANLEY HO SAGA Lawsuit filed after all PAGE 4 SOUNDTRACK REVIEWS The craft of mood motifs PAGE 29 EXECUTIVE LIFESTYLE Preview of the inaugural Men’s Fashion Week PAGE 27 t. w+7 ''"""Jo, svga Yu2FVi. r/ BREI LING 4 METRE > *N CH RON CER FIE y/^ P" m S *V/Ss73 words
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Advertisement22 2011-01-28 1 I am not sure about reincarnation, so I prefer to live 7 lives simultaneously. French polymath, Jacques Attali, in The Raffles Conversation22 words
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Advertisement15 2011-01-28 1 FESTIVALS AROUND THE WORLD The cake, the bean and the kings PAGE 32 *****1 *****415 words
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TOP STORIES
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Article, Illustration540 2011-01-28 2 Budget estimates expected to add fuel to the raging debate over spending AP [WASHINGTON] Far from slowing, the US government’s deficit spending will surge to a record US$1.5 trillion flood of red ink this year, the Congressional Budget Office (CBO) estimated, blaming theAP - 540 words
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823 2011-01-28 2 GRACE LEONG - Possibility of clampdown at MBS raises concerns By GRACE LEONG [SINGAPORE] Concerns over the government’s response to alleged unlicensed junket activity at Marina Bay Sands (MBS) and the implications for Singapore’s gaming market have prompted at least one analyst to lower its target price823 words
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Article549 2011-01-28 2 Non-PRs beat PRs in home-buying spurt AS more condos and apartments are being bought by foreigners analysis shows that the increase in number of homes being bought by non Permanent Residents is outpacing that of their PR compatriots. Led by Chinese and Indian nationals, the number of non-landed549 words
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507 2011-01-28 2 FELDA CHAY - By FELDA CHAY [SINGAPORE] A month to the expiration of the non-compete agreement between Global Logistic Properties (GLP) and US-based ProLogis that prevents the latter from re-entering the lucrative China market after its exit in 2008, ProLogis appears to507 words
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Article118 2011-01-28 2 IN our reports on the lawsuit filed by Kim Eng Securities against its former dealer, Karen Goh (Jan 18, 25 and 27), we said that Kim Eng was claiming a total of $2.23 million from her the aggregate of $1.2 million in losses incurred by her clients, $1.1 million118 words
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Article, Illustration805 2011-01-28 4 ANNA TEO - ‘More sensible’ measure than GDP to gauge S’pore: Deutsche Bank By ANNA TEO [SINGAPORE] More than any other economy perhaps, Singapore has seen a marked rise in economic volatility over the past decade, with record surges and plunges in output, particularly in the lastSource: Deutsche Bank - 805 words
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Article, Illustration358 2011-01-28 4 LINETTE LIM - By LINETTE LIM [SINGAPORE] Christine Ng is, in all likelihood, the first Singaporean to be featured on a Chinese stamp. The stamp series to be issued by the state’s postal bureau commemorates the top 10 entrepreneurs who received accolades at the Harmonious China 2010358 words
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Article, Illustration356 2011-01-28 4 IAN CAMPBELL - By IAN CAMPBELL REUTERS BREAKINGVIEWS A CUT to Japan’s credit rating may not seem to mean much when the country already appears to live in a world of its own. But if Japan can be downgraded, so can Italy, and so can the UnitedREUTERS - 356 words
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485 2011-01-28 4 ANTHONY ROWLEY - Gold outperformed many other investments in 2010 By ANTHONY ROWLEY in Tokyo A NEAR 30 per cent surge in the price of gold last year was driven partly by increased buying from China and India as well as by general investors, the World Gold485 words
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228 2011-01-28 4 Bloomberg [BEIJING] China may swing to a trade deficit as early as this quarter as import growth outpaces that of exports, Chinese government economists said. Gains in overseas shipments may be limited by a stronger yuan, trade tensions and rising commodityBloomberg - 228 words
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394 2011-01-28 4 Feud shines spotlight on apparent fissures among Stanley Ho’s children STANLEY HO SAGA AFP [HONG KONG] Macau tycoon Stanley Ho is suing relatives that he has accused of trying to steal his vast casino empire, the latest twist after a bizarre TV appearance that seemedAFP - 394 words
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Advertisement131 2011-01-28 2 THANKYOU Our gratitude to all the Institutional Investors who helped make our first week of trading operations in Singapore, a success. All commissions earned in the week from 24th to 28th January, will be donated to Community Chest. #IIFL NFL Securities Pte Ltd. 20, Collyer Quay, #21-03, Tung Centre, Singapore131 words
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Advertisement324 2011-01-28 3 Discover a new dimension of fine living Experience the full splendour of life. A new paradigm of fine living on the celebrated East Coast, Silversea Elan opens up a sea of luxuries. At the peak of perfection, exquisite finishes and fittings create a residence of unparalleled sophistication. The collection includes324 words
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Advertisement97 2011-01-28 4 THE MONETARY AUTHORITY OF SINGAPORE Results of auction of taxable book-entry Singapore Government Bonds to be issued on 1 Feb 2011 Tenor Approximately 2 years Total Amount Allotted SGD 2,700,000,000 Amount Allotted to Non-Competitive Applications SGD 209,442,000 Amount Allotted to MAS Nil Total Amount Applied SGD 5,476,409,000 Coupon Rate 1.625%97 words
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Advertisement21 2011-01-28 4 SCORE CARD Keep your investors informed by advertising your financial results in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg21 words
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Advertisement150 2011-01-28 5 Audi ry~TT^ Vorsprung durch Technik V X a Who says the best investments are not emotional? Audi is the fastest growing premium brand for the fifth consecutive year. At Audi, we believe that even the most strategic investment choices can be emotional. Our progressive spirit is what keeps us light150 words
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COMPANY NEWS
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Article, Illustration521 2011-01-28 6 LYNN KAN - They say it gives chairman chance to up stake in company at ‘cheap’ price By LYNN KAN SOME shareholders of Spice i2i are upset over the Internet telephony company’s proposed rights issue that has driven its share price to a 19-month low of eight521 words
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645 2011-01-28 6 TEH HOOI LING - HOCK LOCK SIEW By TEH HOOI LING ONE of the major complaints about stocks traded on the Singapore Exchange (SGX) is their relatively lower valuation, particularly for S-chips or China companies listed in Singapore. And as market wisdom would tell us, price-earnings ratio645 words
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Article294 2011-01-28 6 TEH SHI NING - By TEH SHI NING SINGAPORE Post yesterday announced a new organisational structure and the appointment of two chief executives, in its latest move to transform its business and counter the global postal industry’s challenges. Stepping up as CEO (postal and corporate services) is Ng Hin Lee, 54,294 words
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Article284 2011-01-28 6 At a glance Q4 ended Dec 2010 Full year ended Dec 2010 NET PROFIT (S$m) CURRENT PREVIOUS CHNG CURRENT PREVIOUS CHNG TURNOVER (S$m) NET PROFIT (S$m) TURNOVER (S$m) CURRENT PREVIOUS CHNG CURRENT PREVIOUS CHNG 1 Keppel Corp 1622.98 1625.12 -0.1 9782.92 *****.12 -20.1 607.36 280.73 116.3 2444.42284 words
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490 2011-01-28 6 JAMIE LEE - Size of offer may range from S$666m to US$500-800m IPOs By JAMIE LEE NEW Century Shipbuilding has upped and left after a rap on its knuckles from the regulators here choosing to take up a listing in Hong Kong instead of Singapore,490 words
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315 2011-01-28 6 FELDA CHAY - By FELDA CHAY TIN is in, at least judging by how Malaysia Smelting Corporation’s (MSC) shares traded on its debut on the Singapore Exchange (SGX). Shares of the tin miner and smelter closed at $1.78 yesterday, 1.7 per cent315 words
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Article, Illustration372 2011-01-28 7 JOYCE HOOI - It’ll build 2 jack-up rigs for Discovery Offshore, with options for 2 more By JOYCE HOOI FRESH from its double-bar-relled contract win over the weekend, Keppel Fels Limited has secured a contract worth about US$416 million from Discovery Offshore SA for two harsh environment jack-up372 words
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Article301 2011-01-28 7 EMILYN YAP - By EMILYN YAP CAPITALAND has signed a sale and purchase agreement to buy Marine Point en bloc and redevelop it into a 150-unit condominium. It will pay $100.68 million for the freehold site, and an estimated development charge of $12.8 million. The total acquisition cost works301 words
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COMPANY BRIEFS
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60 2011-01-28 7 WEE Hur Holdings’ subsidiary, Wee Hur Construction Pte Ltd, has secured a $64.88 million contract for building works at Jurong West Neighbourhood from HDB. The contract includes the construction of four residential blocks, a multi-storey car park, an electrical sub-station block and minor sewer60 words
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65 2011-01-28 7 WILLAS-ARRAY Electronics (Holdings) Ltd has proposed a rights issue to finance the group’s business expansion and strengthen its working capital. It plans to raise $5.9-$8.0 million in net proceeds via a renounceable non-underwritten rights issue of up to 68.354 million rights shares, at an issue price65 words
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Article66 2011-01-28 7 CHINA Fishery Group yesterday said it has obtained in-principle approval from the Singapore Exchange for the listing and quotation of all new shares issued in conjunction with its proposed dual primary listing on the Hong Kong Stock Exchange, on the mainboard here. The proposed dual66 words
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375 2011-01-28 7 MICHELLE QUAH - Move is part of a nationwide investor education campaign By MICHELLE QUAH THE Singapore Exchange Ltd (SGX) and CFA Singapore will be rolling out a nationwide investor education campaign, through a series of six seminars beginning in February. The seminars with topics such375 words
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146 2011-01-28 7 Reuters [SINGAPORE] Singapore-listed Chinese textile firm Li Heng Chemical Fibre Technologies said yesterday that it would be hit by China’s move to impose anti-dumping duties on caprolactam imports from the United States and European Union. Caprolactam is a major raw material used inReuters - 146 words
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Article, Illustration551 2011-01-28 9 LYNETTE KHOO - The private bank also advises buying of emerging market equities and bonds By LYNETTE KHOO WITH the Chinese currency expected to continue appreciating by 4 to 5 per cent per annum or more, investors should get into yuan-denominated assets, says Bank of551 words
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261 2011-01-28 9 JOYCE HOOI - By JOYCE HOOI ALTERNATIVE Energy Limited (AEL) announced yesterday that it has appointed a distributor Erasmus Engineering Limited for its energysaving products in Nigeria. The distributorship, which will focus on AEL’s range of eLumen and eLumen8 energy-saving LED lighting, has an initial sales target261 words
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329 2011-01-28 9 TEH SHI NING - Lower gains from China development projects behind fall By TEH SHI NING GUOCOLAND’S sec-ond-quarter net profit sank 64 per cent to $21.6 million, from $60.4 million a year ago, due to lower gains from development projects in China. This came as revenue for the329 words
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18 2011-01-28 9 ISIN-CODE NAME NAV DATE LU********** Man AHL Trend SGD Share SGD 98.85 17.01.1118 words
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375 2011-01-28 9 WINSTON CHAI - By WINSTON CHAI STATS ChipPAC’s fourth-quarter net profit slid 43.8 per cent to US$19 million, from US$33.8 million last year due to a combination of the weakening US dollar and higher costs. For the three months ended Dec 26, 2010, the Singapore-based semiconductor tester375 words
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Page 6 Advertisements
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Advertisement1351 2011-01-28 6 BEATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg In the Matter of The Companies Act (Cap. 50) And In the Matter of MSI MANAGEMENT (SINGAPORE) PTE LTD (In Members' Voluntary Liquidation) (Co. Reg. No. *****4933W) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies1,351 words
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Advertisement196 2011-01-28 6 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF YOUNG BROTHERS DEVELOPMENT (SINGAPORE) PTE LTD (Co. Registration No. *****2581N) (IN MEMBERS’VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of the Companies Act, Cap. 50 that the Final Meeting of196 words
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Advertisement125 2011-01-28 7 Best Domestic Bond House in Malaysia The Asset Triple A Country Awards 2010 zW* 4sset tylPlZro o AMINVESTMENT BANK VOTED AS THE BEST DOMESTIC BOND HOUSE MALAYSIA THE ASSET ASIAN AWARDS 8U Daniel Yu U fiMtor A* Chitf S.u.ih TIII; Asset? ■ft f We would like to thank our clients125 words
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SINGAPORE MARKETS
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Article, Illustration550 2011-01-28 8 R SIVANITHY - ST Index gives up early 16-point gain after HK goes into the red and Europe opens soft STOCKS R SIVANITHY Senior Correspondent THE Straits Times Index (STI) was unable to post a convincing fol-low-through to Wednesday’s 40-point jump when it closed 0.95 of aSource: Bloomberg - 550 words
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Article66 2011-01-28 8 Jan 27 VALUE CLOSE BT OB/OS -641.00 -30.00 BT CADI -*****.00 -64.00 BT 10-day MA -*****.00 -64.00 FTSE ST Mid Cap 809.01 -4.62 FTSE ST Small Cap 598.07 -3.96 FTSE ST All Share 798.50 -1.22 FTSE ST China Top 297.12 -1.38 FTSE ST China 322.62 -1.27 FTSE66 words
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Article186 2011-01-28 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 6 5 7 0 0 0 6 5 7 Manufacturing 44 64 74 4 5 12 48 69 86 Commerce 16 16 25 1 3 6 17 19 31 Tpt/Stor/Comms 9 20 15186 words
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BROKERS’ TAKE
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Article, Illustration435 2011-01-28 8 Jan 27 close: S$1.67 OCBC Investment Research, Jan 27 OSIM delivered a strong set of Q4 FY2010 results on Wednesday which beat market and our estimates. Revenue declined 5.9 per cent y-o-y to S$132.6 million while net profit surged 108.3 per cent y-o-y to S$16.9 million. The y-o-ySource: Bloomberg - 435 words
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Article, Illustration294 2011-01-28 8 LYNN KAN - Jan 27 close: S$0.31 Bank of America Merrill Lynch, Jan 26 Compiled by LYNN KAN WE INITIATE coverage on GMG Global with a “buy” rating and price objective (PO) of S$0.50 offering 75 per cent potential upside. Our PO is based on 20 times for plantation, 10 timesSource: Bloomberg - 294 words
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Article135 2011-01-28 8 Ebit earnings before interest and tax Ebitda earnings before interest, tax, depreciation and amortisation EPS earnings per share FY fiscal/financial year H1, H2 first or second half m-o-m month on month NAV net asset value 9M nine months P/B price/book value (ratio) PE price/earnings (ratio) Q1, Q2, Q3 first,135 words
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Article123 2011-01-28 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 84,026 84,026 201,376 201,376 Manufacturing 368,733 28,956 397,689 305,465 1,416 306,881 Commerce 123,809 10,257 134,066 123,737 1,410 125,147 Tpt/Stor/Comms 98,754 1,103 99,857 194,938 275 195,213 Finance 29,483 100 29,583 276,360 13 276,373 Construction 15,662 5,902123 words
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Article109 2011-01-28 8 Stock name Close Change CapMallsAsia 1.890 -0.020 CapitaLand 3.650 -0.040 CapitaMall 1.950 CityDev 11.760 -0.160 ComfortDelGro 1.630 DBS Grp 15.080 +0.020 F&N 6.450 -0.060 Genting SP 2.060 -0.010 Golden Agri 0.715 -0.010 HK Land 7.280 +0.040 JMH 45.400 +0.400 JSH 27.580 +0.180 Jardine C&C 35.320 +0.200109 words
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Article, Illustration449 2011-01-28 8 Yen falls vs euro on S&P downgrade CURRENCIES [NEW YORK] The yen slid against both the dollar and the euro yesterday after Standard Poor’s (S&P) cut Japan’s long-term debt rating to AA-minus, saying the country’s government lacked a coherent plan to tackle its mounting debt. Although Japan’s fiscal troubles areAFP - 449 words
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Article57 2011-01-28 8 VOLUME Golden Agri 102,210,000 GMG Global 101,564,000 Genting SP 75,079,000 ChinaGaoxian 64,002,000 Armarda 49,929,000 Gallant 47,289,000 HG Metal 39,513,000 Noble Grp 31,454,000 FrasersComm 30,405,000 SunVic 21,931,000 VALUE($) Genting SP 155,506,920 Keppel Corp 127,320,458 DBS Grp 114,635,620 Golden Agri 73,515,645 Noble Grp 70,230,300 OCBC Bk 66,793,040 UOB 60,056,74057 words
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Article117 2011-01-28 8 BY CENTS CLOSE UP IS DJ US Tech 6770 172.8 2.0 DBXT FTVietnam 10US$ 3822 73.0 1.5 DBXT MSINDO 10us$ 1321 66.6 4.1 DBXT MSAsExJp 10US$ 3380 51.2 1.2 JMH 4540 51.2 0.9 DBXT STGLDv100 10US$ 2859 42.3 1.2 Kep Corp.ES.1102 1238 42.0 3.5 DBXT MSTHAI 10US$ 1495 32.0117 words
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Article121 2011-01-28 8 BY CENTS CLOSE DOWN DBXT Nifty 10US$ *****-163.9 -1.0 STXPO 100 1250 -50.0 -3.8 Asia Pac Brew 2070 -40.0 -1.9 Straits Trdg 371 -31.0 -7.7 CityDev 1176 -16.0 -1.3 Creative Tech 387 -16.0 -4.0 GLD 10US$ ***** -15.4 -0.1 Haw Par Corp 613 -13.0 -2.1 DBXT MSINDIA 10US$ 1031121 words
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Advertisement173 2011-01-28 9 Immedia at Innovation Place Brand New Freehold Factory at Mandai Sizes from 1,453 sq ft Easy access to BKE, SLE PIE Attached toilet within the unit Air-con lobby 2 entrances Suitable for light industries Units with tenancy available Eunos Techpark 1 at Kaki Bukit Place 5-storey Landed Terrace Factory No173 words
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SINGAPORE NEWS
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411 2011-01-28 10 RONNIE LIM - Senior energy officials will attend inaugural meeting in S’pore next month By RONNIE LIM AN inaugural meeting on Asean nuclear energy cooperation in Singapore next month could see the region potentially moving towards some sharing of nuclear power in the longer term. An411 words
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Article, Illustration532 2011-01-28 10 LEE U-WEN - By LEE U-WEN SINGAPORE’S largest electronics, IT and furniture retailer Courts is pumping in a million dollars over the next two years to sponsor the Young Lions, which is one of the 12 clubs playing in this year’s S-League. The landmark deal also532 words
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406 2011-01-28 10 UMA SHANKARI - By UMA SHANKARI THE Urban Redevelopment Authority (URA) yesterday launched a commercial land parcel in Paya Lebar Central for sale by public tender the first site offered for sale in that area. The 99-year leasehold site, which is at the junction406 words
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Article, Illustration306 2011-01-28 10 LINETTE LIM - Old entrance gets new life at City Square By LINETTE LIM A PIECE of Singapore’s history the New World Gate has been reconstructed and unveiled at City Square Mall. Mall owner City Developments Limited (CDL) said that the reconstruction took 12 weeks and cost more than $200,000. The mall sits306 words
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368 2011-01-28 10 UMA SHANKARI - By UMA SHANKARI PRIVATE home prices in 2011 could fall by up to 5 per cent but will be largely stable, says a new report by DTZ Research. The firm expects recent government cooling measures to reduce sales volume, but not cause a368 words
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214 2011-01-28 10 BARTLEY Terrace, the residential area at 16 Gambir Walk, has been sold for $40 million through a private treaty that was sealed on Jan 17. The deal was brokered by Urban Front Real Estate. The property, which is situated near Bartley MRT and Maris214 words
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315 2011-01-28 10 THE Ministry of Manpower (MOM) is proposing changes to the Work Injury Compensation Act (WICA) framework, and is seeking public feedback. Two changes have been mooted to ensure that WICA strikes a fair balance between compensation for employees and the burden on employers. One315 words
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Advertisement200 2011-01-28 10 WATci NOTICES BUY IT• SELL IT• FIND IT IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF JUPPITER SHIPPING PTE LTD (IN MEMBER'S VOLUNTARY LIQUIDATION) (Company Registration No. *****0667N) NOTICE OF MEMBER'S VOLUNTARY LIQUIDATION Notice is hereby given that at an Extraordinary General Meeting of200 words
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Page 11 Advertisements
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Advertisement124 2011-01-28 11 LEE ON INTERNATIONAL RELATIONS 'A total disaster.' -The war in Iraq 'Anything we do makes them unhappy.' Singapore and its neighbours The more successful they are, the less they will think of you and the more they will treat you with condescension.' -On China 3 KEEP SINGAPORE GOING Lee Kuan124 words
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MALAYSIA/INDONESIA
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Article, Illustration460 2011-01-28 12 PAULINE NG - Previous year’s profit had been boosted by disposal of Bursa Derivatives By in Kuala PAULINE NG in Kuala Lumpur BURSA Malaysia Bhd has posted a profit of RM113 million (S$47.4 million) for the fiscal year ended December, a decline of 36 per cent from460 words
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362 2011-01-28 12 Bloomberg [KUALA LUMPUR] Malaysia’s central bank has left interest rates unchanged for a third consecutive meeting to support growth as policymakers judge that the economy can cope with faster inflation without higher borrowing costs. Bank Negara Malaysia kept itsBloomberg - 362 words
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295 2011-01-28 12 Reuters [JAKARTA] Heavy rains are easing in Indonesia’s main tin-producing area of Bangka island, although exports in January are still expected to be as much as 35 per cent lower than last month, industry sources said on Wednesday. Analysts see little respite, with aReuters - 295 words
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Page 12 Advertisements
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Advertisement272 2011-01-28 12 WINE DINE AND HOSPITALITY t K I Aa v ■■•»•>'wlV= An Auspicious Beginning S$268* per night (Valid from 28 January to 1 3 February 2011) *Terms and conditions apply ip WELCOME THE YEAR OF THE RABBIT WITH AN AUSPICIOUS BEGINNING Celebrate the coming of Spring with a delightful staycation complemented272 words
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ECONOMY WATCH
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Article715 2011-01-28 13 Economists more upbeat on growth but see jobless rate remaining high: poll AP [WASHINGTON] US employers will hire more workers this year, and the economy will grow faster than envisioned three months ago, according to an Associated Press survey that found growing optimism among leadingAP - 715 words
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Article, Illustration390 2011-01-28 13 Reuters [BRUSSELS] Eurozone economic sentiment edged lower in January, pulled down by the services and retail sector and consumers, while inflation expectations jumped among companies and especially households. The European Commission’s monthly survey showed that economic sentiment among the 17 countriesReuters; AP - 390 words
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Article, Illustration720 2011-01-28 13 Bloomberg [HO CHI MINH CITY] Vietnam’s trade deficit narrowed in January from the previous month after the government devalued the nation’s currency twice last year to try and curb the gap. The shortfall reached US$1 billion, down from a revised US$1.29 billionBloomberg; AFP - 720 words
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196 2011-01-28 13 AFP [SEOUL] South Korea’s current account surplus rose in December from the previous month due to strong exports, bringing the full-year surplus to the fourth largest on record, the central bank said yesterday. The statistics are expected to further strengthen the won,AFP - 196 words
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Advertisement92 2011-01-28 13 a&UloSs Friday, Ham-, 4 *>/n Join the buzz: fb.com/AirAsiaSingapore twitter.com/AirAsiaSG Fly from Changi Terminal 1 +Penang Langkawi Bali ALL-IN FARE FROM SGD ONE WAY ALL-IN FARE FROM SGD ONE WAY Travel Period: 14 Feb 31 Mar 2011 Get your low fares at airasia.com Seats are limited and may not be92 words
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GREATER CHINA/INDIA
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Article, Illustration555 2011-01-28 14 Central bank needs to raise rates to quell knock-on effects of inflation: analysts Reuters [NEW DELHI] India’s food inflation remained sticky in mid-January on higher onion and fruit prices while fuel inflation eased, but it is unlikely to affect expectations of furtherReuters; AFP - 555 words
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Article, Illustration364 2011-01-28 14 AFP [SHANGHAI] Walt Disney Company said yesterday it planned to open its first store in mainland China by the middle of next year as it moves to further expand its presence in the fast-growing market. The US entertainment giant said its strategyAFP - 364 words
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359 2011-01-28 14 Reuters [BEIJING] China’s current monetary policy is “not overly tight” and must be normalised as soon as possible to ward off inflation, state media quoted central bank governor Zhou Xiaochuan as saying in remarks published yesterday. A news official with the centralReuters - 359 words
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330 2011-01-28 14 Reuters [NEW DELHI] BlackBerry maker Research In Motion yesterday said there was no possibility of providing India access to corporate emails on BlackBerry devices. India has demanded access to all BlackBerry services as part of efforts to fight militancy and security threatsReuters - 330 words
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Page 14 Advertisements
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Advertisement366 2011-01-28 14 WINE DINE AND HOSPITALITY •e awaits you at Orchard Road JJeiecim/jie: [GkifR TlT£fSri yt/kuxmr ojfiiciiyon I i* m -f'\ [J II r >■ i 51 m 3 m A t M fL a cs Savour cuisine that is truly Vietnamese at NUOC. Apart from a satisfying traditional beef or chicken366 words
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Advertisement54 2011-01-28 14 Reach Serious Gourmets In This Targeted Space AmyChoo 6319 1559 9690 3432 LinaTan 6319 2045 9620 1355 Adeline Goh 6319 6127 *****289 AlisaTan 6319 1480 *****381 Amy Leo 6319 2129 9730 7101 Jeffrey Nah 6319 2054 9623 2128 Lawrence Chang 6319 1650 9229 4919 Alfred Lee 6319 2037 9673 357854 words
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WORLD
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629 2011-01-28 15 Sources say they helped businessman to hide his bank accounts in India from the IRS Bloomberg [NEW JERSEY] HSBC Holdings Plc bankers conspired with a New Jersey businessman to help him hide his bank accounts in India from the US Internal RevenueBloomberg - 629 words
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Article, Illustration425 2011-01-28 15 Reuters [BRASILIA] With rapidly growing consumption, top coffee producer Brazil could overtake the United States as the world’s biggest drinker of the beverage in 2012, Brazil’s coffee industry said. Consumption has been rising by an average of more than 4 perReuters; BLOOMBERG - 425 words
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Article, Illustration689 2011-01-28 15 Two ex-managers plead guilty, agree to help prosecutors Bloomberg [NEW YORK] Galleon Group LLC hedge fund cofounder Raj Rajaratnam asked a judge to exclude some evidence from his in-sider-trading trial next month because, he argued, it doesn’t show criminal wrongdoing. Rajaratnam, 53, wasBloomberg - 689 words
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Article, Illustration522 2011-01-28 15 Bloomberg [LONDON] Robert Barnett loves his iPad and is addicted to his Blackberry. “I need the keyboard,” said the chairman and chief executive officer of Shaklee Corp, a private investment company based in Pleasanton, California. Mr Barnett is typical of the attendees bristlingBloomberg - 522 words
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Article, Illustration697 2011-01-28 16 2008 financial meltdown could have been avoided, says commission Bloomberg [WASHINGTON] The congressionally appointed panel assigned to probe the origins of the 2008 credit crisis heaped blame on “reckless” Wall Street firms and “weak” federal regulators, concluding that the meltdown could haveBloomberg; AFP - 697 words
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Article, Illustration393 2011-01-28 16 AFP [WASHINGTON] More than 17 billion mobile applications will be downloaded from online stores this year, more than double the number of the miniprograms downloaded last year, research firm Gartner said. Gartner said that worldwide mobile application store downloadsAFP; BLOOMBERG - 393 words
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354 2011-01-28 16 Reuters [DUBLIN] The Irish finance ministry has published amended legislation to facilitate the purchase of up to 20,000 loans from Allied Irish Banks and the Bank of Ireland by the country’s “bad bank”, But due to a general election thatReuters - 354 words
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Article, Illustration572 2011-01-28 16 Muslim population will grow twice as fast as non-Muslims AFP [WASHINGTON] The world’s Muslim population will grow twice as fast as non-Muslims over the next 20 years according to a new study, which predicted that Muslims within a generation will make up moreAFP; FILE PHOTO - 572 words
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540 2011-01-28 17 Watchdog says lack of competition can be ‘tackled’ by firms and shareholders Bloomberg [LONDON] UK investment banks avoided a full-blown antitrust probe of fees for rights offerings and other share issues after a regulator said a lack of competition should beBloomberg - 540 words
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Article, Illustration56 2011-01-28 17 [VIENNA] Dorothy Lichtenstein, widow of the artist Roy Lichtenstein, posing for photographers in front of one of the artist’s paintings at the opening of the exhibition “Roy Lichtenstein, Black White 1961-1968” in Albertina museum in Vienna yesterday. The exhibition contains 60 drawings and 17 paintings and willREUTERS - 56 words
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385 2011-01-28 17 But rivals Honda, Nissan up production on overseas demand AP [TOKYO] Toyota Motor Corp, the world’s No 1 carmaker, yesterday said that its worldwide production of vehicles fell for the fourth straight month in December, dented by falling output in Japan afterAP - 385 words
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Article, Illustration539 2011-01-28 17 AP [CANBERRA] Australia’s government yesterday proposed a new tax to partially recoup more than A$5 billion it expects to spend on rebuilding after widespread flooding that could prove to be the country’s costliest natural disaster. Prime Minister Julia Gillard announced that the temporaryAP - 539 words
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530 2011-01-28 18 ANTHONY ROWLEY - Overall trade surplus with Asia soars 63% last year to a record By ANTHONY ROWLEY in Tokyo JAPANESE exports rose by a stronger than expected 13 per cent to 6.1 trillion yen (S$95.4 billion) in December, raising hopes that Japan is emerging530 words
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466 2011-01-28 18 LATEST US DATA Bloomberg [WASHINGTON] Orders for US capital equipment climbed in December for a second month, a sign that companies continue to invest as demand recovers from the worst recession in seven decades. Bookings for goods like computers and communications gearBloomberg - 466 words
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681 2011-01-28 18 ANDREW MARKS - Number of Americans filing jobless claims hits three-month peak By ANDREW MARKS in New York IT’S all about jobs and the Federal Reserve’s crisis measures will remain unchanged until there is a “significant improvement” in employment. That was the gist of681 words
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Article, Illustration410 2011-01-28 18 WORLD ECONOMIC FORUM AP Reuters [DAVOS, Switzerland] French President Nicolas Sarkozy vowed yesterday that he and European partners will “never turn our backs on the euro” despite the government debt crisis that worries investors and leaders worldwide. “To those who would bet againstAP; Reuters; REUTERS - 410 words
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461 2011-01-28 18 Reuters [DAVOS] ExxonMobil is to make a new investment in Russia for the first time in over a decade as Moscow seeks to thaw its frosty investor climate and keep its oil flowing. Russian state oil company Rosneft will develop over a billion tonnes ofReuters - 461 words
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306 2011-01-28 18 AP [NEW YORK] Facebook users who check into a store or click the “like” button for a brand may soon find those actions retransmitted on their friends’ pages as a “Sponsored Story” paid for by advertisers. Currently there is no way for users to declineAP - 306 words
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Page 15 Advertisements
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Advertisement15 2011-01-28 15 www.hugoboss.com *****833 +65 Phone Ltd Pte. Singapore Luxury MGI through available Watches BOSS Black BOSS15 words
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Advertisement205 2011-01-28 16 WORLD’S LARGEST INTERNET BROADCASTING PLATFORM Market Business Development Manager (Singapore-based) Our client, headquartered in the Silicon Valley, owns and operates the world’s largestinternetaudiobroadcastingplatformwhichenablesthousandsofcompanies, professionals and hobbyists to operate their own radio stations. We seek a Market Business Development Manager to spearhead the company’s business in the Asia Pacific. Requirements: Undergraduate205 words
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Advertisement2202 2011-01-28 17 MATS Toll free: 1800-289-8822 Email: notices@sph.com.sg NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SILICON MATRIX PTE. LTD. (IN MEMBERS’ VOLUNTARY LIQUIDATION) (Co. Reg. No. *****8851W) NOTICE OF RESOLUTIONS At the Extraordinary General Meeting of Silicon Matrix Pte. Ltd. duly convened and held2,202 words
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Page 18 Advertisements
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Advertisement15 2011-01-28 18 IT'S HERE! <M'?S Bar GET THE FREE 9I.3FM APP NOW! Available on the App Store15 words
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AVIATION/SHIPPING
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Article, Illustration780 2011-01-28 19 VEN SREENIVASAN - Airline aggressively boosting capacity and services; forging alliances, partnerships By VEN SREENIVASAN AFTER a difficult start here some six years ago, budget carrier group Jetstar has taken off strongly in the last two years to become the largest low-cost carrier (LCC) inSource: ATI; Air Transport World; Airline Business; Company Reports - 780 words
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Article3382 2011-01-28 19 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi KU6457 1230 SQ456 1245 SQ457 1230 EY470 2200 VA7470 2200 Adelaide LH9771 1745 9W4082 2220 SQ278 1745 AF8088 2220 VS7278 1745 BA7382 2220 JL5083 2220 MU8214 2220 QF82 2220 --LH9770 2350 SQ279 2350 VS7279 2350 Amsterdam LO4031 0605 JX8173,382 words
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Article, Illustration430 2011-01-28 19 AFP [WASHINGTON] A US Navy admiral yesterday called for using counter-terrorism tactics against Somali pirates, warning the gangs have extended their reach into the Indian Ocean and seized more hostages. A tougher strategy was needed to address the growing danger of piracy, withAFP - 430 words
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76 2011-01-28 19 A SINGAPORE-registered asphalt tanker sank yesterday afternoon, on its way from Singapore to Sumbawa, Indonesia. The Maritime and Port Authority of Singapore said yesterday evening that it was informed that AB9 was listing off the east coast of Pulau Bintan at about 3.10pm yesterday. The76 words
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162 2011-01-28 19 AFP [JAKARTA] Several international flights to and from the resort island of Bali were cancelled or diverted yesterday to avoid dangerous ash spewing from an Indonesian volcano, officials said. Singapore Airlines cancelled two flights to and from the island and said more flightsAFP - 162 words
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303 2011-01-28 19 VEN SREENIVASAN - By VEN SREENIVASAN LAST year, Airbus delivered a record 15 corporate jets worth more than US$1.5 billion at list prices. The aircraft comprised 13 A318 Elites, Airbus Corporate Jetliners (ACJs) and A320 Prestiges, and two VIP widebody A330/A340s. The European planemaker also won303 words
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422 2011-01-28 19 Bloomberg [SEOUL] Korean Air Lines Co, the country’s largest carrier, forecasts record operating profit this year as it seeks to lure more premi-um-class travellers and begins to operate Airbus SAS A380 superjumbos. Operating profit, or sales minus the cost of goods soldBloomberg - 422 words
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Article278 2011-01-28 19 SGX '000 Jan 27 S$ +/-Vol CH Offshore 0.51 0.01 289 Chuan Hup Hldg 0.26 -0.01 5 Cosco Corp 2.27 0.01 8634 CWT Ltd 1.23 -0.01 5703 Ezra Hldgs 1.68 -0.01 4246 First Ship Lea 0.44 -0.01 352 Freight Links 0.07 -0.01 588 Grand Banks unch unch 0278 words
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EDITORIAL & OPINION
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495 2011-01-28 20 EDITORIAL AS some of the world’s top business leaders, policymakers, politicians and social activists meet in Davos this week at the annual World Economic Forum, there seems to be some optimism that this year’s summit will make more progress in addressing some of the issues495 words
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Article, Illustration777 2011-01-28 20 ROBERT SAMUELSON - THE BOTTOM LINE ROBERT SAMUELSON The Washington Post Writers Group IT WAS a teachable moment and Barack Obama didn’t teach. Unless public opinion changes, we won’t end our budget deadlock. As is well-known, Americans want budget deficits curbed. In a KaiserThe Washington Post Writers Group - 777 words
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Article, Illustration1026 2011-01-28 20 KLAUS SPREMANN; and WEINI ZHANG - A study has found that prices (in psf) increases by 3% for every 1km closer to the CBD By KLAUS SPREMANN and WEINI ZHANG The writers are, respectively a professor at the University of St Gallen and an analyst at Goldman Sachs WHENTHE STRAITS TIMES FILE PHOTO - 1,026 words
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Article, Illustration1048 2011-01-28 21 HELMAN SITOHANG - It has the ability to attract global capital, with its growing domestic capital markets while being consumer-driven By HELMAN SITOHANG The writer is South-east Asia CEO, Credit Suisse THE dawning of a new decade has the potential to bring with it a new periodAP - 1,048 words
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Article, Illustration893 2011-01-28 21 JOHN FOLEY; and HUGO DIXON - By JOHN FOLEY and HUGO DIXON REUTERS BREAKINGVIEWS INDIA needs a solution to a US$1.5 trillion-plus puzzle. That’s what it will need to invest in infrastructure over the next decade if it is to have any hope of achieving its aspiration of 10 per centREUTERS - 893 words
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SINGAPORE STOCKS
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Article8949 2011-01-28 22 Transaction date: Jan 27 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 21 14.5 3148 8Telecom 19 unch 343 19 19 19 19.5 1.7 9.5 6.1 91 12 4.5 58348,949 words
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Article1673 2011-01-28 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 7 4 1181 t AA Grp 5 unch 294 5 5 5 5.5 27.8 4.8 225 130 6222 t APStrategic 165 -31,673 words
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Article9506 2011-01-28 23 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.35/ APS Alpha Fund (USD)!** 1.06/ APS Alpha Fund Cl B SGD!** 1.2/ APS Alpha Fund Cl B USD!** 0.89/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt S'pore Pte Ltd AXA WM9,506 words
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Article850 2011-01-28 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 $mil 124 108 6389 ABF SG Bond ETF 110 110.1 112.5 502.1 1070 761 CIMBAsean40 100US$ US1028 +6 124 1034 1022 1022 1024 41.1 335850 words
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Article253 2011-01-28 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 $mil 56 38 6000 AVJennings A47 -0.5 11 48 47 47.5 49.5 3.6 7.4 3.8 122.4 55 16 6017 Genting HK US$ US46 -0.5 ***** 47253 words
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FINANCE & COMMODITIES
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374 2011-01-28 24 In local curr In S$ In US$ dy yr dy yr dy yr Jan 26 Index Change Change Change Change Change Change World Index Preliminary 921.7 0.3 10.7 0.3 2.7 0.4 12.7 EAFE Preliminary 822.7 0.3 4.8 0.4 -1.4 0.5 8.2 Europe Preliminary 1203.1 0.7374 words
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Article179 2011-01-28 24 Jan 27 Jan 27 $S Offer Bid 0vernight 0.05 0.02 1-month 5/16 1/16 2-months 3/8 1/8 3-months 7/16 3/16 Overnight mode: 0.02 US$ Offer Bid 7 days 0.33 0.23 1 month 0.40 0.30 2 months 0.43 0.33 3 months 0.46 0.36 6 months 0.55 0.45 9 months 0.80179 words
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Article22 2011-01-28 24 Jan 27 S$ Bid Offer 1-month 1.2801 1.2806 2-months 1.2800 1.2805 3-months 1.2800 1.2805 6-months 1.2806 1.2811 Source: OCBC22 words
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Article158 2011-01-28 24 Jan 27 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Feb 11 576.0 570.0 570.0 35 Mar 11 570.0 570.0 570.0 2 Apr 11 570.1 570.1 570.0 9 May 11 570.0 570.0 570.0 2 Jun 11 570.0 570.0 570.0158 words
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Article95 2011-01-28 24 Jan 27 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****E 28.04.2011 0.34 1-Year BY*****N 01.11.2011 0.40 0.37 0.37 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0V 1.625 01.04.2013 102.40 102.45 102.40 5-Year N*****0S 2.875 01.07.2015 106.9395 words
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Article107 2011-01-28 24 Jan 26 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Mar 11 1385.50 1374.50 1391.00 1364.25 May 11 1396.50 1385.50 1402.00 1375.25 Jul 11 1403.00 1392.25 1381.75 1381.75 Aug 11 1381.00 1371.00 1385.25 1366.75 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Mar 11 56.70107 words
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Article77 2011-01-28 24 CRUDE OIL PRODUCTS Jan 26 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 96.99 0.46 WTI (Near Mth) 87.48 1.19 Dubai (1-Mth F) 92.04 0.86 Tapis blend 100.40 0.90 Minas 96.40 0.90 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 92.83 -0.73 Jet Kerosene 110.16 -0.29 US$/barrel Opec Oil77 words
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2664 2011-01-28 24 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Tel Last Vol Conv Exer Disc Gear-Mths Code Company Sale +or-('000) Ratio Price ing Left AFP Properties EW*****8 28 -1 23 1 10 -7 1.46 58 6221 Asia-Pacific Strategic W*****6 33 1 150 11 5.00 40 6227 ASJ Hldgs W*****1 3 1 4 82,664 words
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5859 2011-01-28 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 Camden/New Orleans/Tampico *Loads E./W.5,859 words
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Article121 2011-01-28 24 Jan 27 As at 9am Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.318 1.244 Can dollar 1.308 1.258 Euro 1.785 1.717 Sterling pound 2.073 1.994 NZ dollar 1.016 0.968 US dollar 1.297 1.248 Local dollars to 100 units of foreign121 words
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Article27 2011-01-28 24 Jan 27 Open High Sett STI Jan 3220 SIMSCI Jan 383.0 384.6 382.2 Taiwan Jan 323.5 327.4 326.5 Source: MF Global (S) Pte. Ltd27 words
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Article65 2011-01-28 24 Jan 27 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Feb 11 3780 3750 3785 3735 1275 5534 Mar 11 3755 3725 3765 3701 3848 ***** Apr 11 3707 3685 3723 3655 ***** ***** May 11 3640 363565 words
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Article439 2011-01-28 24 Jan 27 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Mar11 99.6450 0 3782 Jun11 99.5700 0 1374 Sep11 99.4650 0 2264 Dec11 99.3050 0 468 EUROYEN TIBOR FUTURES Mar11 99.6625 0 3110 Jun11 99.6475 50 1122 Sep11 99.6350 0 786 Dec11 99.6150 99.6150 99.6150 99.6150 0439 words
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Article487 2011-01-28 24 Jan 27 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.988 6.521 0.726 7.717 45.218 89.456 0.823 11.051 3.024 1.288 84.998 43.792 1.268 7.030 0.937 28.772 30.576 0.665 0.991 Canada 1.012 6.599487 words
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Article85 2011-01-28 24 Jan 27 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 0.***** 0.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths85 words
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Article137 2011-01-28 24 Jan 27 GOLD (US$/oz) Jan 27 Jan 26 Hong Kong 1340.50 1339.00 Jan 26 Jan 25 London 1326.03 1325.40 1326.78 1326.30 Source: Thomson Reuters CAST BAR Jan 27 (S$) Selling Buying Kilobar 59,444.92 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 133 55 5gm 378 277 10gm 675137 words
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Article71 2011-01-28 24 Jan 26 Jan 26 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2362.25 2336.00 3 months 2387.00 2361.00 Copper, Grade A (US$/tonne) Cash 9338.50 9261.00 3 months 9330.00 9250.00 Lead (US$/tonne) Cash 2419.00 2361.00 3 months 2376.00 2337.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne)71 words
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Article156 2011-01-28 24 Jan 27 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2679 1.2690 0.9904 0.9909 Canadian dollar 1.2832 1.2842 1.0023 1.0027 Euro 1.7475 1.7485 1.3650 1.3653 NZ dollar 0.9840 0.9851 0.7686 0.7692 Sterling pound 2.0349 2.0363 1.3895 1.5900156 words
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Article82 2011-01-28 24 Jan 26 COCOA (£/tonne) Close Prev High/Low Mar 11 2214 2190 2254/2187 May 11 2179 2161 2203/2146 Jul 11 2174 2154 2190/2141 Sep 11 2167 2135 2172/2131 COFFEE (US$/tonne) Close Pev High/Low Jan 11 2093 2107 2100/2064 Mar 11 2096 2123 2128/2063 Jul 05 2124 2150 2153/2092 Jul 1182 words
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Page 25 Advertisements
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Advertisement6 2011-01-28 25 Shipping lines seeking reliable logistics partners6 words
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Advertisement35 2011-01-28 25 Importers looking for Warehouse Can they find your services here in the Shipping Times? THE BUSINESS TIMES TO ADVERTISE, CALL JOE WONG AT 9620 1327 I (IE UU JUNE J J I IIVIEJ SHIPPING TIMES35 words
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Advertisement28 2011-01-28 26 r FREIGHT FORWARDER urgently needed by shippers 1 Can they find your here in the Shipping Times? THE BUSINESS TIMES TO ADVERTISE, CALL JOE WONG AT 9620 132728 words
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executive lifestyle
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Article, Illustration1828 2011-01-28 27 MELISSA LWEE - From Milan, to Paris and then to Singapore. Men’s Fashion Week 2011 is poised as a springboard for home-grown and Asian labels to take the world by storm as only the third menswear week after the Milan and Paris blockbuster showings, reports MELISSA LWEE SOME 60 fashionPHOTOS: RECKLESS ERICKA, ATZU, FILE - 1,828 words
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CINEMA
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Article, Illustration570 2011-01-28 28 DYLAN TAN - By DYLAN TAN DEPENDING on your tolerance for experimental films, Thai director Apichatpong Weerasethakul’s 2010 Cannes Palme d'Or winning Uncle Boonmee Who Can Recall His Past Lives could be considered as independent film-making at its bravest or most absurd. Even with the subtitles, there’s no570 words
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Article, Illustration430 2011-01-28 28 CHRISTOPHER LIM - DVD REVIEW By CHRISTOPHER LIM IT’S more important for romantic comedies to be entertaining than plausible, but that places a greater burden on pace and the cast being likeable. All’s Faire In Love stumbles because it tries gimmicks that fall flat, and its leading430 words
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Article, Illustration615 2011-01-28 28 GEOFFREY EU - Seth Rogen’s Britt Reid is no Bruce Wayne and this Green Hornet may well need another 75 years to leave the nest, says GEOFFREY EU THE Green Hornet made his radio debut almost exactly 75 years ago, followed a few years later by a couple ofPHOTOS: COLUMBIA PICTURES, AFP - 615 words
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Article, Illustration454 2011-01-28 28 GEOFFREY EU - By GEOFFREY EU WITH his new movie It’s a Great Great World, film-maker Kelvin Tong does a good, good job of reaching back in time and taking an affectionate, if idealised, look at Singapore’s past. History is seen through the eyes of a454 words
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MUSIC
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Article, Illustration1287 2011-01-28 29 CHRISTOPHER LIM - Dance trio Faithless hope to thrill 7,000 fans at their mega-debut here, reports CHRISTOPHER LIM TWIDDLING knobs and scratching records is the image most people have of dance music performances, but Faithless has always represented the very best of electronica performed live on stage, without shortcuts.1,287 words
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Article, Illustration684 2011-01-28 29 CHRISTOPHER LIM - CD REVIEWS By CHRISTOPHER LIM WE’VE all had the experience of enjoying a soundtrack while watching a movie at the cinema, buying the CD, and then struggling to fight boredom. Some soundtracks simply don’t work for music-only listening. Often, there’s too much repetition. Sometimes, there’s684 words
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Article, Illustration610 2011-01-28 29 KENNETH TAY - By KENNETH TAY ECCENTRICITY can sometimes be a virtue, as Canadian experimental group Holy F*** would testify. Holy F*** isn’t the average electronic band that pumps out heartstopping hits after hits in cramped bedroom parties. For starters, the band creates “soundscapes” rather than songs for their esotericST JEROME'S LANEWAY FESTIVAL - 610 words
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ARTS/BOOKS
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Article, Illustration848 2011-01-28 30 CHEAH UI-HOON - Catch three generations of artists and 20 years of exchanges between Singapore and China at Exchange 2011, reports CHEAH UI-HOON WHEN it comes to ink painting, the tendency is to lump artists from Singapore and China under the same umbrella. An exhibition of works by topPHOTOS: NAFA - 848 words
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Article, Illustration696 2011-01-28 30 Jackie Cho - BOOKS Reviewed by Jackie Cho The writer is founder and head creative shark at RazorShark Design. She can be reached at jackie@razorsharkdesign.com Rating: A GIVEN the provocative title of this book, I was keen to find out how “brutal” the author was willing to be696 words
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Article, Illustration835 2011-01-28 30 CHEAH UI-HOON - By CHEAH UI-HOON THE politically satirical play seems to be coming of age in Singapore one which doesn’t make you feel that potshots are being taken at politics for the sake of some cheap laughs, but where real grouses come couched in sharp digs and the835 words
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AROUNDTOWN
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Article, Illustration393 2011-01-28 30 TWO galleries are making artworks more accessible to Singaporeans and even collectors around the world. At theCURATOR Art Gallery, works by masters which date more than 70 years are reproduced on canvas using painters who have mastered the style of the artist they’re copying. For itsPHOTOS: theCURATOR ART GALLERY - 393 words
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Article, Illustration158 2011-01-28 30 Never mind that it’s the year of the Rabbit, the birds want in too. Jurong Bird Park welcomes the auspicious Year ofthe Rabbit 2011 with a colourful flamingo parade, lion dance performances (below), zodiac trail, yu sheng meals, and cartoon character meet-and-greet session.158 words
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128 2011-01-28 30 CHEAH UI-HOON - By CHEAH UI-HOON Cartooning and learning how to create a simple four-cell cartoon strip for manga is within reach now with instructors offering these courses. Dutch cartoonist Iskandar Walen of SG Cartoons is offering an eight-week course ($250) or one-full-day ($185) workshops. The128 words
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PURSUITS
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Article, Illustration696 2011-01-28 31 FARAH NAYERI - By FARAH NAYERI Bloomberg THE story of Queen Elizabeth II’s stammering dad would never have hit the movie screens let alone snagged a dozen Oscar nominations ifit weren’t for the film-mak-er’s mum. The King’s Speech shows a loudmouth speech therapist helping KingBloomberg; PHOTOS: AP, REUTERS - 696 words
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Article, Illustration1046 2011-01-28 31 N K YONG - No journey into fine wine country can begin without a basic foundation Bordeaux. Revisiting its greatness and breed is like returning home, writes N K YONG EVERY now and then it is good to get back to “basics”, to reset our bearings, and come down to1,046 words
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Article, Illustration571 2011-01-28 31 CHRISTOPHER LIM - GAMING REVIEW By CHRISTOPHER LIM WITH an increasing number of high-profile role-playing games (RPG) series such as Mass Effect, Dragon Age and Final Fantasy constraining gameplay depth in the interests of narrative smoothness, Two Worlds II shows just how addictive a hardcore RPG571 words
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FESTIVALS AROUND THE WORLD
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Article, Illustration1129 2011-01-28 32 DJENABOU CISSE - In France, celebrations to mark Epiphany bring to a close the Christmas holiday season. By DJENABOU CISSE The writer is a student who has lived and studied in Paris all her life Brought to you by Ascott AFTER the highs of Christmas andBrought to you by Ascott; AFP PHOTOS - 1,129 words
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Page 27 Advertisements
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Advertisement9 2011-01-28 27 MUSIC Electronica’s Faithless gear up for mega-debut PAGE 299 words
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Page 28 Advertisements
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Advertisement15 2011-01-28 28 www.omy.sg a n E3 cling.omy.sg ,3 r v j V m H*. *v» > X eat.omy.sg15 words
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Advertisement38 2011-01-28 28 BABY BONUS Singapore needs more babies and tabla!’s SHEELA NARAYANAN is doing her share to lift the shrinking fertility rate ROHIT BRIJNATH REPORTS FROM THE AUSTRALIAN OPEN GET YOUR COPY TODAY FROM ALL 7-ELEVEN OUTLETS (WHILE STOCKS LAST)38 words
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Page 31 Miscellaneous
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Miscellaneous355 2011-01-28 31 CRYPTIC CROSSWORD Across 1 In Ford van, mostly, fellow being stubborn? (12) 9 Spies holding a summer event given right refreshment facility (9) 10 See woman fiddle with plant (5) 11 Tight-fisted spending pounds brings wretchedness (6) 12 Steps? Totter not half badly on account of this! (8) 13 Bird355 words
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Advertisement151 2011-01-28 32 NOW DEFINING GLOBAL LIVING IN EUROPE Experience comfortable and stylish living when you stay at any of our 44 serviced residences, located in the heart of 19 cities in Europe. Be it for business or pleasure, there is an Ascott serviced residence designed to make you feel at home. Because151 words
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