The Business Times, 3 February 2011
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2011-02-03
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The Business Times
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Title Section16 2011-02-03 1 THE BUSINESS TIMES www.businesstimes.com.sg THURSDAY, FEBRUARY 3, 2011 S$1.00 MICA(P) 138/08/2010 A SINGAPORE PRESS HOLDINGS PUBLICATION16 words
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Article31 2011-02-03 1 egypt turmoil THEY want him to step down now, not only in September; and the US is calling for the transition of power to begin straightaway. 231 words
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Article25 2011-02-03 1 thrill ride THE biggest draw at Resort World Sentosa’s Universal Studios Singapore theme park will finally re-open on Feb 21. 325 words
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Article29 2011-02-03 1 tight grip CHINA needs to “resolutely control the property market” and “maintain stable housing prices”, he says in his Chinese New Year message. 529 words
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Article, Illustration1114 2011-02-03 1 Lynette Khoo - Stock markets could be volatile and both opportunities and threats loom this year By Lynette Khoo lynkhoo@sph.com.sg Singapore GOODBYETiger,herecomestheRabbit.Butdon’t expect it to bring tranquility to capital markets. Three out of the past four Rabbit years have been characterised by high market volatilityREUTERS - 1,114 words
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404 2011-02-03 1 Uma Shankari - Developers change tack as more foreigners are buying private homes in Singapore By Uma Shankari shankari@sph.com.sg Singapore A HANDFUL of developers including Far East Organization and CapitaLand will open showflats of residential projects they are currently marketing to prospective buyers over the long404 words
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Page 1 Advertisements
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Advertisement40 2011-02-03 1 the DINING Felicitous fare L7 BT wishes its readers a Happy Chinese New Year. There will be no publication tomorrow. Look out for your BT Weekend on Saturday. YEAR OF THE RABBIT CEOs and high fliers offer their outlook L2-5,40 words
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Advertisement9 2011-02-03 1 PERSPECTIVE Obama’s Sputnik spin is way off orbit 26-279 words
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TOP STORIES
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Article, Illustration826 2011-02-03 2 They plan new push tomorrow at Cairo presidential palace to force strongman to step down immediately Reuters Cairo EGYPTIAN President Hosni Mubarak said on Tuesday that he would surrender power in September, angering protesters who want an immediate end to his 30-year rule. The UnitedReuters; AP - 826 words
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Article140 2011-02-03 2 G STI 3,211.12 (+26.38) G STI FUTURES 3,213.00 (+28.00) G SIMSCI 379.91 (+4.07) G SIMSCI FUTURES 380.20 (+4.40) STOCKS Wed press time Change KL COMP 1,531.82 +11.88 NIKKEI 225 10,457.36 +182.86 HANG SENG 23,908.96 +426.01 SET 972.96 +13.27 JAKARTA 3,480.83 +38.32 MANILA 3,891.07 +60.58 KOSPI closed SHENZHEN B closed140 words
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590 2011-02-03 3 Nisha Ramchandani - Tour operator sales up about 10% y-o-y, as more travel farther, but still below initial estimates of 20% By Nisha Ramchandani nishar@sph.com.sg Singapore TOUR operators are chalking up double-digit sales growth this festive season as Singaporeans seize the long weekend as an opportunity590 words
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Article, Illustration362 2011-02-03 3 Lee U-Wen - After undergoing intensive safety tests, ride is ready to roll By Lee U-Wen leeuwen@sph.com.sg Singapore IT’S the good news adrenaline junkies have waited nearly 11 months to hear. Resorts World Sentosa (RWS) yesterday announced that the Battlestar Galactica roller coasterFILE PHOTO - 362 words
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513 2011-02-03 4 Winston Chai - Drive to hire marketing specialists to reel in more Chinese, Malay, expatriate viewers By Winston Chai winstonc@sph.com.sg Singapore HAVING established a beachhead among local soccer fans, Singapore Telecommunications is now looking to grow its pay-tel-evision business by literally speaking its customers’ language. The company’s new513 words
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Article, Illustration642 2011-02-03 5 Home prices still rising despite recent spate of government measures Bloomberg Hong Kong CHINA premier Wen Jiabao has pledged to curb property speculation and add more affordable housing after home prices rose last month as buyers defied government measures. China’s JanuaryBloomberg; AFP - 642 words
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18 2011-02-03 5 ISIN-CODE NAME NAV DATE LU********** Man AHL Trend SGD Share SGD 97.46 24.01.1118 words
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Article, Illustration379 2011-02-03 5 Ian Campbell - By Ian Campbell REUTERS BREAKINGVIEWS THE gold price has tripled in the last five years as investors, wary of money printing, craved something solid. Now cash is coming out of one of the world’s biggest gold funds, the SPDR Gold Trust. As global growthREUTERS - 379 words
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Article, Illustration655 2011-02-03 6 Anthony Rowley - His challenge puts him directly at odds with current Japanese PM By Anthony Rowley bt wo rl d @s p h .co m .sg Tokyo FORMER prime minister Yukio Hatoyama yesterday questioned whether the “sudden opening up” of Japanese agriculture and other sectorsAFP FILE PHOTO - 655 words
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674 2011-02-03 6 Power gets knocked out, commercial flights grounded AFP Chicago A MASSIVE winter storm among the worst the United States has seen in decades dumped snow, ice and sleet across a huge swath of the country on Tuesday, knocking out power and grounding nearlyAFP - 674 words
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Article, Illustration767 2011-02-03 7 Grandmother Lee Poh Ying is living her childhood dream; joining her peers in keeping fit and active in the process AFP Singapore CLAD in a black short-sleeved leotard, matching leggings and light pink ballet flats, Lee Poh Ying warms up in the glass-walled studioAFP - 767 words
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Page 2 Advertisements
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Advertisement60 2011-02-03 2 CONTENTS NEWS Top Stories 2-4 China property curbs 5 Japan farm reforms 6 Ageing gracefully 7 Company News 8-9 Singapore News 10 World 11-14 Stocks Stats 15-19 Shipping Schedule 20-22 Shipping News 23 Aviation 24 BIZIT 25 Perspective 26-27 Property 28 LIVING CEOs’ perspectives L2-3 Travel L4 Reunion L5 Dining60 words
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COMPANY NEWS
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650 2011-02-03 8 Siow Li Sen - Its operations there turning in modest profits; local incorporation on the horizon HOCK LOCK SIEW By Siow Li Sen lisen@sph.com.sg Singapore DBSGroupHoldingson Monday released a statement on its 12th branch opening in India. Most would have missed it as the announcement was made650 words
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276 2011-02-03 8 Joyce Hooi - By Joyce Hooi joyceh@sph.com.sg Singapore THE design study of the technology framework for the Asean Trading Link has been completed, the Singapore Exchange (SGX) announced yesterday. “Shortlisted vendors who are able to provide the infrastructure have been invited to tender,” SGX said in276 words
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183 2011-02-03 8 Reuters Singapore SHARES of casino operator Genting Singapore advanced yesterday on hopes it will post better fourth-quarter results compared to the previous quarter. Genting Singapore shares were up 3.9 per cent or 8 cents at $2.13 on a volume of 73Reuters - 183 words
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Article, Illustration588 2011-02-03 9 R Sivanithy - stocks R Sivanithy sivan@sph.com.sg Senior correspondent IT’S not often that you think of Wall Street as a “safe haven”, a description once reserved for markets like Singapore’s, but clearly as the emerging markets (EM) theme continues to lose favour, money588 words
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Article118 2011-02-03 9 VOL aose Top6lo6.il 96.230 1.5 0.0 ao Gaiitlng SP 737-87 213 8,0 19 Golden Agri ***** 733 15 2.1 Berlfsrljju 31,171 5 0.0 00 Tuan 5mg 30,670 34.5 35 113 Nobte Grp. 25,300 229 10.0 46 6MG Global 23,901 31 0.5 Ij6 'GentingHK 155 ***** 45.5 1.9118 words
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Article67 2011-02-03 9 CL05E BY CENTS UP D8xT Misty 10USS ***** 3090 20 IS DJ US Teat 6799 190.2 2_2 IS S&P500 ***** 180.0 1.1 08X1 MSKorea 10USS 6197 172.4 22 DBXT 5PASI-200 IOUSS 3460 1S7 1 3.7 OB X T E5U 10USS 4556 151 9 2.7 DBXT IBoxxKR 5US$ *****67 words
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Article59 2011-02-03 9 BY CENTS CLOSEDOWN LyxofMS India IGUSS 1577 90.7 HK Land 718 -153 -16 1?. MSC1 Spare 1392 16.3 -09 Kgp Corp.ES.1102 1186 -10.0 -0.8 OCBC Bit 5 V4NCPS 100 ***** 10.0 -O.i OmegaNav 151 •7.0 -4.4 Abterra 128 •5.0 -18 GennngSMBl ePVV 11 0401 22.5 4 S 16.759 words
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Article110 2011-02-03 9 Stock name Close Change CapMallsAsIa 1.930 +0.010 CapltaLancI 3.610 0.050 CapitaMall 1.910 ♦0.020 CityDev 11.500 ComfortDelGro 1.580 ♦0.010 DBS Grp 15.140 ♦0.140 F&N 6.150 ♦0.010 Genting SP 2.130 ♦0.080 Golden Agrj 0.735 ♦0.015 HK Land 7.180 -0.120 JMH 47.000 ♦0,060 JSH 28.740 ♦0.500 Jardine C&C 33.740 ♦0.220 Keppel110 words
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464 2011-02-03 9 Felda Chay - By Felda Chay feldac@sph.com.sg Singapore FISHING group Pacific Andes Resources Development Ltd reeled in a 0.4 per cent increase in net profit for its first quarter from a year ago, on higher revenues from its frozen fish supply chain management business464 words
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Business briefing
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57 2011-02-03 9 HIAP Seng Engineering Ltd warned that it is expected to record a net loss for the third quarter and nine months ended Dec 31, 2010. The weak-er-than-expected financial performance is attributable to lower revenue recognition and cost overruns on certain projects. The group57 words
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109 2011-02-03 9 YAMADA Green Resources Ltd announced that its wholly owned subsidiary, Zhangping Feng- wang Agricultural Products Co Ltd, has commenced a feasibility study of small-scale cultivation of black fungus in China. It has obtained a lease from Zhenban Village Committee in Zhangping City, Fujian109 words
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Page 8 Advertisements
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Advertisement19 2011-02-03 8 IT'S HERE! ..ill 3G 2:40 PM V LDRDinE.. GET THE FREE 9I.3FM APP NOW! Available on the App Store19 words
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SINGAPORE NEWS
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Article, Illustration244 2011-02-03 10 Arthur Lee - By Arthur Lee arthurl@sph.com.sg THE 25th River Hongbao is being held on a big scale at the Float@Marina Bay this year. The 13 days of Chinese New Year festivities were kicked off by Minister Mentor Lee Kuan Yew on Tuesday. There will be fireworks;ARTHUR LEE - 244 words
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Article, Illustration599 2011-02-03 10 Emilyn Yap - Grohe will build showrooms in Vietnam, Indonesia, Malaysia, India By Emilyn Yap emilyny@sph.com.sg SERVING bottles of sparkling water to important guests is so 2010. The way to impress this year is to offer carbonated water straight from the tap if Grohe manages to599 words
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Article170 2011-02-03 10 THE Singapore Road Safety Council (SRSC) is conducting a survey on how different types of road users perceive the road safety needs of Singapore. Members of the public are invited to take part. This is the first time SRSC is conducting such a survey.170 words
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WORLD
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Article, Illustration853 2011-02-03 11 He tells Mubarak ‘an orderly transition must be meaningful, it must be peaceful and it must begin now’ egypt in turmoil Reuters Washington US President Barack Obama told President Hosni Mubarak on Tuesday that an orderly transition of power in Egypt “must begin now” inReuters; REUTERS - 853 words
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449 2011-02-03 11 AP Princeton, New Jersey DANIEL Kurtzer, a former US ambassador to Egypt, said on Tuesday that Egyptian President Hosni Mubarak’s announcement that he won’t seek re-election may have come too late to calm protests gripping his country. Mr Kurtzer told students in a talk atAP - 449 words
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Article, Illustration640 2011-02-03 12 Card industry lobbies Congress and Fed to ease fee limits Reuters New York VISA INC and MasterCard Inc are making a last-ditch effort to blunt proposed cuts to debit card processing fees, after the Federal Reserve took a machete to the multi-billion-dollarReuters - 640 words
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Article, Illustration621 2011-02-03 12 AP Shanghai CHINA’S91,000kilometresofrailways are the world’s longest and, in some cases, the fastest. The country’s drive to develop high-speed rail technology rivals its space programme in terms of national pride and importance. But the annual scrum for tickets home for the year’s major festival theAP; REUTERS - 621 words
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Article, Illustration634 2011-02-03 13 Cyclone Yasi is more than 500km wide, with gusts up to 300km/hr AP Cairns, Australia AUTHORITIES implored thousands of Australians to gather their loved ones yesterday and flee a monster cyclone that strengthened overnight and threatened to produce hours of terrifying winds and torrentialAP; AFP - 634 words
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405 2011-02-03 13 Economists say it’ll stick to just rhetoric despite sharp climbs in inflation AFP Frankfurt THE European Central Bank is likely to ramp up anti-inflation rhetoric when its governing council meets here today, but refrain from any concrete steps owing to mixed signals on whereAFP - 405 words
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442 2011-02-03 14 Hakuo Yanagisawa also wants an end to delays in work on fiscal reconstruction Bloomberg Tokyo JAPAN needs to more than double its 5 per cent consumption tax to shore up the government’s finances given soaring debt and welfare costs, a memberBloomberg - 442 words
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Article, Illustration325 2011-02-03 14 Hidetoshi Kamezaki’s views reflect those of central bank governor Reuters Saga, Japan JAPAN’S economy will emerge from a lull shortly and is certain to pull out of deflation over time, a Bank of Japan policymaker said, offering a somewhat upbeat take on theReuters; REUTERS - 325 words
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326 2011-02-03 14 Bloomberg Singapore GOLD, trading little changed, may decline as the fastest manufacturing expansion in the US since 1994 added to signs of a recovery, boosting investors’ appetite for stocks and paring demand for precious metals as a safe haven. Immediate-delivery bullion traded atBloomberg - 326 words
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Page 13 Advertisements
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Advertisement38 2011-02-03 13 www.omy.sg Get invited Exclusive Movie Previews, Product Launches, and other excitim Photograph Gourmet Sessi F n Exclusive Mov Preview 3 Rows athtub on 9 Kong Family Outing Jurong Bird Park Join omy Blog Club Now! Free istratioTT! http://blog.omy.sg/blogclub/38 words
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SINGAPORE STOCKS
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Article10528 2011-02-03 18 Transaction date: Feb 2 52-wks Tel Last Vol Day Last Quote Div GrYld Net M Cap High Low Code Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 21 14.5 3148 8Telecom 19 19 19.5 1.7 9.5 6.1 91 12 4.5 5834 A-Sonic 6 +0.5 60 610,528 words
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Article186 2011-02-03 18 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 12 1 0 0 0 0 12 1 0 Manufacturing 85 17 49 5 1 8 90 18 57 Commerce 30 5 19 2 1 6 32 6 25 Tpt/Stor/Comms 21 5 11186 words
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Article838 2011-02-03 18 For week beginning Jan 31 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS Substantial Buy No of Price SHAREHOLDING Trans Shareholder/ Sell Shares Per Before After Stock Date Director Conv 000 Shr S ('000) (*000) Sao Icaflg Tech 1 -Feb-11 Boyd Dainron "Sell 16SOO rw ***** 16.SO 3190 2.72 Ban leong838 words
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Article121 2011-02-03 18 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 48,575 48,575 51,500 51,500 Manufacturing 212,263 5,212 217,475 180,036 489 180,525 Commerce 53,068 9,080 62,148 98,533 1,733 100,266 Tpt/Stor/Comms 88,060 169 88,229 117,208 57 117,265 Finance 15,881 15,881 130,859 130,859 Construction 9,290 96,282 105,572 2,560121 words
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Article118 2011-02-03 19 Feb 02 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.328 1.253 Can dollar 1.307 1.257 Euro 1.79 1.722 Sterling pound 2.089 2.009 NZ dollar 1.022 0.974 US dollar 1.29 1.241 Local dollars to 100 units of foreign currency: Currencies Sell118 words
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Article, Illustration100 2011-02-03 19 YTD change: +0.66% 52-week high: 3,313.61 on Nov 9,2010 52-week low: 2,648.15 on May 25,2010 Source: Bloomberg YTD change: +3.79% 52-week high: 24,988.50 on Nov 8,2010 52-week low: 18,971.50 on May 27,2010 Source: Bloomberg Bloomberg YTD change: +4.0% 52-week high: 12,050.70 on Feb 2, 2011 52-week low: 9,614.32Source: Bloomberg - 100 words
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374 2011-02-03 19 In local curr In S$ In US$ dy yr dy yr dy yr Feb 1 Index Change Change Change Change Change Change World Index Preliminary 925.3 1.2 3.1 1.0 3.1 1.5 3.8 ‡EAFE Preliminary 821.7 1.1 2.6 1.1 3.4 1.7 4.0 Europe Preliminary 1208.1 1.5374 words
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Article154 2011-02-03 19 Feb 2 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2872 1.2882 1.0115 1.0120 Canadian dollar 1.2865 1.2877 1.0109 1.0116 Euro 1.7618 1.7625 1.3844 1.3846 NZ dollar 0.9931 0.9946 0.7804 0.7814 Sterling pound 2.0572 2.0582 1.6165 1.6169154 words
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Article82 2011-02-03 19 Feb 1 COCOA (£/tonne) Close Prev High/Low Mar 11 2160 2185 2197/2141 May 11 2147 2175 2185/2132 Jul 11 2134 2163 2169/2121 Sep 11 2122 2151 2162/2107 COFFEE (US$/tonne) Close Pev High/Low Mar 11 2231 2185 2235/2194 May 11 2258 2211 2261/2217 Jul 11 2270 2224 2273/2233 Sep 1182 words
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Article93 2011-02-03 19 Feb 1 SOYBEANS (5,000 bu min; USc/60 lb bushels) Close Previous High/Low Mar 11 1438.*****3.*****0.*****8.25 May 11 1448.*****3.*****0.*****8.75 Jul 11 1453.*****8.*****5.*****4.25 Aug 11 1426.*****2.*****7.*****7.50 SOYBEAN/OIL (60,000 lbs; USc/lb) Close Previous High/Low Mar 11 58.72 57.88 58.78 57.77 May 11 59.22 58.38 59.26 58.27 Jul 11 59.61 58.77 59.6493 words
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Article65 2011-02-03 19 Jan 31 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Feb 11 3799 3840 3845 3799 897 3446 Mar 11 3775 3832 3838 3775 1963 ***** Apr 11 3732 3809 3809 3730 9227 ***** May 11 3685 376065 words
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Article75 2011-02-03 19 Feb 1 CRUDE US$/barrel (FOB origin) Close Change Brent blend (1-Mth F) 101.30 1.16 WTI (Near Mth) 90.68 -1.48 Dubai (1-Mth F) 95.66 1.70 Tapis blend 104.40 1.75 Minas 100.40 1.75 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 94.89 -1.11 Jet Kerosene 114.55 0.80 US$/barrel Opec Oil Basket Price75 words
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Article67 2011-02-03 19 Feb 2 GOLD (US$/oz) Jan 31 Feb 01 Hong Kong 1335.*****9.00 Feb 01 Jan 31 London 1331.*****1.77 1332.*****2.54 Source: Thomson Reuters SILVER Selling Buying Passbook 1 oz 36.69 36.47 Source: UOB PLATINUM Lon (US$/oz) Feb 01 Close Previous PM Fix 1812.*****1.00 AM Fix 1808.*****9.00 Source: Thomson Reuters PLATINUM /NYMEX67 words
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Article71 2011-02-03 19 Feb 1 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2540.00 2512.75 3 months 2551.00 2520.00 Copper, Grade A (US$/tonne) Cash 9970.00 9767.50 3 months 9945.00 9745.00 Lead (US$/tonne) Cash 2624.50 2602.50 3 months 2540.00 2510.00 Nickel (US$/tonne) Close Previous Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne)71 words
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4281 2011-02-03 20 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.4,281 words
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Page 20 Advertisements
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Advertisement8 2011-02-03 20 TO ADVERTISE IN THE BUSINESS TIMES SHIPPING TIMES8 words
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Advertisement23 2011-02-03 20 Experience! ship maintenance services wanted, Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE WONG AT *****327, T23 words
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Page 21 Advertisements
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Advertisement15 2011-02-03 21 PLACE YOUR AD HERE THE BUSINESS TIMES SHIPPING TIMES CALL JOE WONG AT 9620 132715 words
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Advertisement10 2011-02-03 21 Lega i i *i id limes' TO ADVERTISE, CALL 1H1910 words
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Page 22 Advertisements
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Advertisement27 2011-02-03 22 Importers looking for Warehouse Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE WONG AT 9620 1327. THE BUSINESS TIMES SHIPPING TIMES27 words
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SHIPPING
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467 2011-02-03 23 Charter costs seen averaging US$22,000 in 2011 Bloomberg London FREIGHT rates are poised to rise after tumbling to a two-year low as owners of ships hauling coal and iron ore scrap the most vessels in at least 28 years. A total ofBloomberg - 467 words
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Article, Illustration433 2011-02-03 23 Bloomberg Melbourne COAL and zinc mines were shut and at least 32 coal ships were steaming out to sea yesterday, joining sugarcane and banana farmers in north-eastern Australia in bracing for the forecast landfall later in the day of Tropical Cyclone Yasi. Century, the world’sBloomberg; BLOOMBERG - 433 words
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Page 23 Advertisements
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Advertisement12 2011-02-03 23 liifSSKPiBBBf —THE BUSINESS TIMES SHIPPING TIMES CALL JOE WONG AT 9620 132712 words
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AVIATION
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526 2011-02-03 24 Rival EADS competing with support from several US equipment makers AFP Washington BOEING said on Tuesday it would submit a new, “final” bid for a US$35 billion contract to supply the US military with 179 aerial refuelling tankers, as it tries to beatAFP - 526 words
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Article, Illustration355 2011-02-03 24 Reuters Arlington US AVIATION security authorities on Tuesday unveiled a new pilot programme about full-body scanners used to screenairtravellers–the newsoftwarewill nolongerproduce an image of the actual person. The Transportation Security Administration is deploying new software for scanners in three US airports that willReuters; REUTERS - 355 words
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Page 24 Miscellaneous
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Miscellaneous304 2011-02-03 24 CRYPTIC CROSSWORD Across 1 Not so far from college with competitor who was not successful (6) 9 A chortler’s composing for the band (10) 10 Dazed after too many juicy hits? (5-5) 11 Back Greek god came from canal (4) 12 Spring in field leading to first pond (4) 14304 words
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BizIT
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Article, Illustration788 2011-02-03 25 Victoria Ho - UK-based firm’s business jumps 57% as companies upgrade their ageing systems to newer, cheaper set-ups By Victoria Ho vhoip@sph.com.sg UK-BASED multinational corporation (MNC) Micro Focus saw global business jump an astounding 57 per cent last year. Riding the wave of companies trying to modernise their788 words
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761 2011-02-03 25 Raju Chellam - By Raju Chellam btnews@sph.com.sg GIVEN the huge amounts of customer, transactional and other data being generated by companies operating across continents, multinational enterprises are grappling with different versions of the same record sitting in different databases. In other words, how do you761 words
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PERSPECTIVE
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Article, Illustration1149 2011-02-03 26 Anthony Rowley - The world will sit up and take notice of Japan and respect it only when it acts to exploit the vast potential for cooperation among North-east Asian nations Anthony Rowley Tokyo correspondent btnews@sph.com.sg TEN out of ten for effort is the mark Japan’s Prime Minister NaotoAFP - 1,149 words
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Article, Illustration711 2011-02-03 26 Leon Hadar - Leon Hadar Washington correspondent btnews@sph.com.sg WHO could fault US President Barack Obama when he used his State of the Union Address last week as an opportunity to call for American economic renewal and for investing in scientific research technological development as well asAFP - 711 words
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PROPERTY
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Article, Illustration462 2011-02-03 28 Global sales of commercial property priced US$10m or more rise 44% to US$582 billion Reuters New York JONES Lang LaSalle Inc, one of the world’s largest real estate services companies, said earnings rose nearly 62 per cent, boosted by a rebound inReuters; BLOOMBERG - 462 words
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Article185 2011-02-03 28 Xinhua Manila MEGAWORLD Corporation, one of the Philippines’ biggest property developers, sold 49.68 billion pesos (S$1.4 billion) worth of residential units in 2010, up 89 per cent on year. Company officials disclosed yesterday that Megaworld’s“ phenomenal”salesgrowthisdue toits“superior project portfolio and sterling track record in theXinhua - 185 words
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Page 28 Advertisements
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Advertisement45 2011-02-03 28 Toa Payoh Central 4 Units of Exclusive Single Storey B1 Terrace for Lease Able to accommodate ancillary office, showroom, production and warehouse under one roof Car parks, container parking available Built in around 8500 sq ft per unit High ceiling around 30ft General Magnetics Limited45 words
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Page 1 Advertisements
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Advertisement72 2011-02-03 1 Chinese New Year BT Special BT THE BUSINESS TIMES FEBRUARY 3 2011 YEAR OF THE RABBIT CEOs and high fliers offer their outlook on the year ahead and share their personal plans L2-5, DINING Felicitous fare L7 CINEMA Family comes first L8 DVD REVIEW What's worth watching L9 AROUND TOWN72 words
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BT Chinese New Year Special
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Article, Illustration1250 2011-02-03 2/3 Joyce Hooi, Linette Lim - Rabbits have attractive qualities which some CEOs and corporate high fliers hope will be in abundance in this Year of the Rabbit. By Joyce Hooi and Linette Lim By Joyce Hooi, Linette Lim joyceh@sph.com.sg llinette@sph.com.sg AS chief executives and corporate leaders usher in theAFP - 1,250 words
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Article, Illustration625 2011-02-03 4 Topic: How are you celebrating the four-day holiday weekend? Lim Soon Hock Managing Director PLAN-B ICAG Pte Ltd MY family and I follow tradition. You might say that we are conservative and traditionalists. We believe that some traditions like celebrating the Lunar New Year ought toAFP - 625 words
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Article, Illustration597 2011-02-03 5 Topic: Where are you having your family reunion dinner this year, and why this particular venue? Lim Tit Meng Chief Executive Science Centre Singapore MY sister-in-law and family from Malaysia visited us the weekend before the Chinese New Year and stayed with us597 words
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Article598 2011-02-03 6 Fortune-tellers predict continuing tensions between China and the US, natural disasters, and wobbly global markets AP Taipei THE Year of the Rabbit conjures images of fluffy bunnies, but for-tune-tellers in Asia predict that the coming year on the Asian lunar calendar will be anythingAP - 598 words
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Article, Illustration567 2011-02-03 6 Bloomberg Beijing CHINA’S Chinese New Year will draw an estimated 75 million people a day onto the nation’s roads as the fastest economic growth in three years stokes travel demand and lures migrant workers to cities. Traffic is expected to rise by 13 perBloomberg; REUTERS - 567 words
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204 2011-02-03 6 AFP Beijing FIREFIGHTERS here have been placed on high alert for this week’s Chinese New Year festivities, with especially dry weather raising the risk of fireworks-related blazes, state media said on Monday. More than 7,000 firefighters fanned across the city yesterday for Chinese New Year’sAFP - 204 words
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Article, Illustration1072 2011-02-03 7 Audrey Phoon, Melissa Lwee - Ring in the Chinese New Year with a feast Chinese or not at one of these restaurants. By Audrey Phoon and Melissa Lwee By Audrey Phoon, Melissa Lwee aphoon@sph.com.sg mellwee@sph.com.sg Where the blessings overfloweth buffet restaurants where you can have a fine CNY feast MELT The World Café1,072 words
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Article, Illustration435 2011-02-03 8 Dylan Tan - Two star-studded Lunar New Year family movies eye our ang pow money. cinema dvd/cd review By Dylan Tan dylantan@sph.com.sg USUALLY the one to cash in on the festive box office season, local comedian Jack Neo takes a back seat this year and hands filmmaking duty instead to435 words
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Article, Illustration277 2011-02-03 8 Kenneth Tay - By Kenneth Tay HEARD of the melting wok that smells funny? Director Vincent Kok’s action-comedy Mr Mrs Incredible throws everything from Mr Mrs Smith to The Incredibles to video game tunes into the fiery Chinese wok and seasons it all with his brand of Chinese joy sauce.277 words
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Article, Illustration288 2011-02-03 8 Kenneth Tay - By Kenneth Tay btnews@sph.com.sg AS a society’s hopes and fears get increasingly complex, so does its need for horror films to evolve along with it. An edgy collaboration between British and Australian cinemas, Triangle reflects just that. The psychological-thrill-er-cum-horror film stars Melissa George as Jess a288 words
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Article, Illustration813 2011-02-03 8 Christopher Lim - When all the visiting is done, curl up on the couch and relax with these movie DVDs and music CDs. By Christopher Lim limchris@sph.com.sg DVD Wheat Rating: A THIS Warring States flick has it all love, politics, pathos, comedy, and even a bit of action.813 words
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Article, Illustration800 2011-02-03 9 Melissa Lwee - There’re plenty of parties and concerts to attend over this festive period. around town By Melissa Lwee mellwee@sph.com.sg Zouk 17 Jiak Kim St Z 6738-2988 CELEBRATE the new year by remembering the less fortunate when you go to Zouk tonight for the launch of the club’sZoukSoundsystem, aplatformfor800 words
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Article, Illustration678 2011-02-03 10 83 days into winter, the city is still waiting for its first snowfall, making this winter the longest snow-free one on record Xinhua Beijing NICE food, new clothes, and pocket money for the children: Chinese often indulge themselves at the Spring Festival. ButXinhua; AP - 678 words
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479 2011-02-03 10 Xinhua Chengdu OVER the crowds of holiday shoppers in China’s big stores this Spring Festival lingers an atmosphere of suspicion. With charges of price deception hanging over the big chains of Carrefour and Wal-Mart and local authorities moving to levy fines, many Chinese normallyXinhua - 479 words
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337 2011-02-03 10 Reuters Hanoi WHILE China and others in Asia ring in the Year of the Rabbit this week, Vietnamese are purring about the coming Year of the Cat. Exactly why and when Vietnam dumped the rabbit and adopted the cat for itsReuters - 337 words
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Article, Illustration2827 2011-02-03 12/13 Peaceful productive year Topic: What is your outlook, and greatest wish for this Year of the Rabbit? Chip Salyards Vice-President Asia Pacific BMC Software THE Year of the Rabbit looks like it is leaping off to a promising start as we anticipate exciting businesses opportunities in the coming months. AsAFP - 2,827 words
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Article, Illustration1437 2011-02-03 14 Stefanie Yuen Thio - This festive season is a minefield of social time bombs for those who are not attuned to its customs and mores. By Stefanie Yuen Thio By Stefanie Yuen Thio ~The writer is joint managing director of TSMP Law Corporation MY husband and I are very1,437 words
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735 2011-02-03 15 The young are also increasingly observant of customs amid a revival of traditional culture Xinhua Beijing FIREWORKS and red couplets. Dumplings in China’s north and glutinous rice cakes in the south. Red packets with cash for children. No haircut until the startXinhua - 735 words
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Article, Illustration689 2011-02-03 15 Bloomberg Singapore THE Wee family celebrated Chinese New Year here last night with a traditional reunion dinner of abalone, shiitake rooms,andpig’strotters.Thisyear,daughter Esther decided to skip the meal and go on holiday. “My mum wasn’t too happy when I told her my plans but sheBloomberg; AP - 689 words
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Article, Illustration740 2011-02-03 16 Grace Leong - For the first time in four years, Grace Leong will be celebrating Chinese New Year back in Singapore For the past 11 years in America where I have been paying my dues as a reporter in Las Vegas and Utah, I’ve missed out on the Singapore-style Chinese NewAP - 740 words
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