The Business Times, 4 March 2011

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Microfilm: NL31285
Total Pages: 32
1 32 The Business Times
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  • Title Section
    Lock icon Masthead
    24 1 THE BUSINESS TIMES S$1 .00 online at http://www.businesstimes.com.sg S|5l A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 138/08/2010 Friday, March 4,2011
    24 words
  • Article, Illustration
    Lock icon Govt’s ‘cool factor’ keeps private home prices
    751 1  -  Subsale activity also in check; govt is determined to ensure market stability, says Minister Mah By UMA SHANKARI [SINGAPORE] The four recent sets of measures to cool the property market announced in September 2009, February and August 2010 and January 2011 have prevented
    Source: MND  -  751 words
  • Article, Illustration
    Lock icon Misleading statements end with jail sentence
    759 1  -  By MICHELLE QUAH [SINGAPORE] In the harshest sentence ever meted out to an independent director for making a false and misleading statement in Singapore, Airocean’s former independent director Peter Madhavan was yesterday sentenced to four months’ jail. He was the only man out of
    759 words
  • Article
    Lock icon MARKETS DIGEST
    143 1 G ST INDEX 3,037.35 (+9.84) G ST INDEX FUTURES 3,033 (+10) GSIMSCI 357.17 (+0.91) GSIMSCI FUTURES 357.30 (+1.90) FOREX US$ S$ US$ (S$ per US$) 1.268 (US$/S$ per 1.632 2.070 EURO (US$/S$/E) 1.387 1.759 Foreign currency per US$ S$ YEN 81.90 64.60 RM 3.031 2.390 HK$ 7.791 6.143
    143 words
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  • TOP STORIES
    • Article
      Lock icon THREE-MINUTE DIGEST
      551 2 Govt’s ‘cool factor’ keeps private home prices sober THE four recent sets of measures to cool the property market announced in September 2009, February and August 2010 and January 2011 have prevented private home prices from spiralling out of control, said National Development Minister Mah Bow Tan yesterday.
      551 words
    • Article
      Lock icon Productivity roadmap for construction sector unveiled
      655 2  -  By EMILYN YAP [SINGAPORE] The government has laid out more carrots and sticks to encourage the construction industry to raise productivity. For instance, companies stand to receive more funding to invest in technology. But at the same time, their construction methods will come under
      655 words
    • Article, Illustration
      Lock icon Apple evangelists now have the second tablet
      785 2  -  But the launch of the tablet comes in the midst of greater competition By CHRISTOPHER LIM [SINGAPORE] Apple moved the goalposts in the tablet computer market yet again when ailing chief executive Steve Jobs unveiled the iPad 2 tablet on Wednesday in San
      AFP  -  785 words
    • Article, Illustration
      Lock icon Madhavan an experienced lawyer
      340 2  -  By VEN SREENIVASAN [SINGAPORE] Peter Madhavan, 55, is an experienced civil, commercial and insurance lawyer who graduated from the National University of Singapore in 1981. He was admitted to the Bar in Singapore in 1982, and founded his first law firm with two other partners a
      340 words
    • Article
      Lock icon Maritime sector cheers auto waiver of withholding tax
      594 2  -  By JOYCE HOOI [SINGAPORE] The local maritime industry is looking forward to less paperpushing and more shipowning, now that the new maritime incentives are out under Budget 2011. From June 1, firms that qualify will no longer have to apply for an
      594 words
    • Article
      Lock icon Correction and clarification
      104 2 IN the article “Can you afford to purchase that dream home?” (BT Property Supplement, March 3) was a consultant’s table that showed the first-year interest rate for Maybank’s variable rate home loan package at 0.88 per cent. Maybank has pointed out that the rate should be 0.80
      104 words
    • Article, Illustration
      Lock icon India steelmakers face tough time in debt market
      846 4 Bond yields on the rise as record-high raw material costs pare earnings Bloomberg [MUMBAI] India’s biggest steelmakers are heading for their worst quarter in the bond market in at least a year, as record-high raw material costs erode earnings. The yield on
      Bloomberg; REUTERS  -  846 words
    • Article, Illustration
      Lock icon Malaysia’s richest 40 are worth US$62b
      573 4  -  Genting founder’s widow sees largest boost, thanks to operations in S’pore By in PAULINE NG in Kuala Lumpur THE fortunes of Malaysia’s richest 40 people rose by US$11 billion last year to US$62 billion, with Lee Kim Hua the widow of Genting founder Lim
      Source: Forbes Asia  -  573 words
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      217 4 FIRB APPROVAL FOR FOREIGN BUYERS 1 BED APTS FROM AUD$488K AND 2 BED APTS FROM AUD$735K Close proximity to Sydney’s best schools, universities and recreational facilities. Selling off the plan no stamp duty for purchasers under AUD$600K. Strong rental demand. Only 10% down payment with estimated completion 2013. Brand new
      217 words
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      250 5 COGNAC de MARTELL CORDON BLEU 0. < cr O O Q_ a RESONATING WITH PASSION FOR THE ARTS. Building on the artistic heritage of the House of Martell, Martell Cordon Bleu has been working with inspiring photographers such as Miles Aldridge and Paolo Rov convey the sophisticatio cognac. As a
      250 words
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  • COMPANY NEWS
    • Article
      Lock icon Teledata, Star Pharma added to SGX watch-list
      551 6  -  10 companies report three years of consecutive losses this earnings season By TEH SHI NING THE Singapore Exchange (SGX) yesterday added Teledata (Singapore) and Star Pharmaceutical to its watch-list of loss-making companies. Teledata was one of 10 firms in all which warned of
      551 words
    • Article
      Lock icon CDL to preview Sengkang condo today
      282 6  -  By KALPANA RASHIWALA CITY Developments Ltd (CDL) is expected to preview its H2O Residences condo next to Layar LRT Station in the Sengkang area today. The average price for the 99-year leasehold condo, which is beside Punggol Reservoir, is expected to be slightly above
      282 words
    • Article
      Lock icon Healthy regional pipeline of IPOs ahead: FinanceAsia
      412 6  -  By KELLY TAY PRE-MARKETING activities in the past few trading days suggest a healthy pipeline of initial public offerings (IPOs) ahead in the region, said FinanceAsia in a report. As many as eight companies have been highlighted as either having begun or being
      412 words
    • Article
      Lock icon Shareholder offers to buy up Jackspeed at 1.9% discount
      316 6  -  By TEH SHI NING A SUBSTANTIAL shareholder of Jackspeed Corporation yesterday offered to buy up the 54 per cent of the company he does not already hold, after acquiring sufficient shares yesterday to trigger a mandatory conditional cash offer. Cheng Kwee
      316 words
    • Article, Illustration
      Lock icon Hongkong Land, Dairy Farm post higher profit
      556 6  -  Mandarin Oriental, however, sees lower earnings for 2010 By JOYCE HOOI TWO members of the Jardine Matheson Group Hongkong Land Holdings and Dairy Farm International Holdings reported higher profit attributable to shareholders for the full year yesterday. Another unit Mandarin Oriental International saw
      FILE PHOTO  -  556 words
    • Article
      Lock icon Enforce level playing field before suspension
      625 6  -  HOCK LOCK SIEW By R SIVANITHY ALL the recent debate surrounding the trading suspensions of China stocks Hongwei Technologies and China Hongxing and how best to accommodate the interests of small shareholders should not divert attention from an equally important point raised by a
      625 words
    • Article
      Lock icon It’s safe haven assets for unit trust investors
      383 7  -  CPF-included funds outperform their non-CPF-included peers, benchmarks By GENEVIEVE CUA UNIT trusts in Singapore are reflecting something of a flight to safety in the first two months of the year, based on preliminary data from Lipper, the fund tracker for the CPF
      383 words
    • Article
      Lock icon Wilmar plans entry into Indonesian flour market: sources
      175 7 Reuters WILMAR International, the world’s largest listed palm oil company, plans to enter Indonesia’s consumer flour market, possibly this year, which will intensify the competition in the country, sources familiar with the plan told Reuters. Wilmar might use flour mills owned by
      Reuters  -  175 words
    • Article
      Lock icon Mizuho to buy 95% of Eurekahedge
      203 7 Reuters [TOKYO] Mizuho Financial Group has agreed to buy Singapore-based hedge fund research firm Eurekahedge for about US$25 million, the latest move by Japan’s second-largest bank to bolster its asset management business. Faced with weak loan demand in their home market, Mizuho and other
      Reuters  -  203 words
    • Article, Illustration
      Lock icon ASX set to lose its monopoly this year
      449 7 Reuters [SYDNEY] Takeover target ASX Group Ltd is set to lose its two-decade monopoly later this year after Australia’s securities regulator yesterday opened the door to competition from Nomura’s Chi-X. Competition from electronic trading platforms like Chi-X has spurred a string of
      Reuters; BLOOMBERG  -  449 words
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      569 6 FUJIAN ZHENYUN PLASTICS INDUSTRY CO., LTD (Incorporated in the People’s Republic of China) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN THAT an Extraordinary General Meeting (“EGM”) of Fujian Zhenyun Plastics Industry Co., Ltd (the “Company”) will be held at Riverview Hotel, Orchid Room, 382 Havelock Road, Singapore *****9
      569 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Oil prices still call the shots
      607 8  -  ST Index recoups a quarter of Wednesday’s 40-point loss as crude prices move southwards STOCKS R SIVANITHY Senior Correspondent A DIP in oil prices brought some relief yesterday to stock markets which have had a volatile time recently because of the surge in oil
      Source: Bloomberg  -  607 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 8 DAILY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      66 8 Mar 3 VALUE CLOSE BT OB/OS -678.00 +161.0 BT CADI -*****.00 +123.0 BT 10-day MA -*****.00 -68.00 FTSE ST Mid Cap 756.86 +6.04 FTSE ST Small Cap 546.60 +3.90 FTSE ST All Share 750.81 +3.17 FTSE ST China Top 267.25 +3.29 FTSE ST China 298.83 +3.10 FTSE
      66 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      57 8 VOLUME Dyna-Mac 153,862,000 Genting SP 92,474,000 Golden Agri 90,924,000 Noble Grp 30,843,000 SingTel 24,881,000 GMG Global 24,267,000 Gallant 21,909,000 Olam 20,619,000 *Genting HK US$ 19,658,000 NexGenSCom 15,608,000 VALUE($) Genting SP 182,178,045 Wilmar 73,599,690 SingTel 72,285,454 DBS Grp 68,623,732 Noble Grp 68,474,990 Dyna-Mac 64,574,580 Golden Agri 63,934,185 Keppel
      57 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 8 MAIN SDQ TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 11 1 4 0 0 0 11 1 4 Manufacturing 61 37 75 4 3 12 65 40 87 Commerce 15 14 28 3 2 6 18 16 34 Tpt/Stor/Comms 21 6 13
      186 words
    • BROKERS’ TAKE
      • Article
        Lock icon Singapore Reits
        341 8 OCBC Investment Research, March 3 DEBT profile varies among the S-Re-its. We consolidated the debt profiles of the S-Reits under our monitor, and we think that any impending interest rate hike will add to borrowing costs, and thus affect distributable income for unitholders. However, not all S-Reits will
        341 words
      • Article
        Lock icon SunVic Chemical Holdings
        234 8 March 3 close: $0.725 Phillip Securities Research, March 3 SUNVIC reported a sterling set of results for FY2010. Revenue for FY2010 came in at 3.363 billion yuan or $649 million (+84.9 per cent y-o-y), and net profit attributable to equityholders was 650.1 million yuan compared to just
        234 words
      • Article
        Lock icon Sound Global
        211 8  -  March 3 close: $0.70 DMG Partners Research, March 3 Compiled by JOYCE HOOI SOUND Global’s Q4 2010 earnings leapt 76.1 per cent y-o-y, which was in line with our estimates. This was attributable to a 65.9 per cent y-o-y surge in revenue. While we remain confident of order
        211 words
      • Article
        Lock icon Glossary:
        136 8 Ebit earnings before interest and tax Ebitda earnings before interest, tax, depreciation and amortisation EPS earnings per share FY fiscal/financial year H1, H2 first or second half m-o-m month on month NAV net asset value 9M nine months P/B price/book value (ratio) PE price/earnings (ratio) Q1, Q2, Q3 first,
        136 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      121 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 40,095 40,095 96,997 96,997 Manufacturing 253,638 21,395 275,033 281,288 658 281,946 Commerce 94,638 4,310 98,948 150,033 986 151,019 Tpt/Stor/Comms 110,858 3,131 113,989 226,380 780 227,160 Finance 24,691 24,691 191,605 191,605 Construction 19,397 1,720 21,117 7,074
      121 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      106 8 Stock name Close Change CapMallsAsia 1.740 -0.010 CapitaLand 3.350 +0.030 CapitaMall 1.800 -0.010 CityDev 11.420 +0.260 ComfortDelGro 1.510 DBS Grp 14.180 +0.020 F&N 5.650 -0.060 Genting SP 1.950 +0.020 Golden Agri 0.700 +0.015 HK Land 6.840 +0.030 JMH 47.300 +0.380 JSH 27.820 +0.240 Jardine C&C 34.280
      106 words
    • Article, Illustration
      Lock icon Asia units up on Fed report, China moves
      472 8 CURRENCIES Bloomberg [SINGAPORE] Asian currencies advanced yesterday after the Federal Reserve gave an optimistic assessment of the US economy and China unveiled measures to boost consumer spending, brightening the outlook for exporters. The labour market improved throughout the US early this year,
      Bloomberg; BLOOMBERG  -  472 words
    • Article
      Lock icon RISES
      108 8 BY CENTS CLOSE UP DBXT MSEurope 10US$ 4810 142.0 2.4 GLD 10US$ ***** 79.9 0.5 DBXT Nifty 10US$ ***** 73.5 0.5 UOB 5.05%NCPS 100 ***** 60.0 0.6 DairyFarm 853 48.2 4.7 JMH 4730 48.2 0.8 Lyxor China H 10US$ 1635 41.8 2.1 JSH 2782 30.4 0.9 Lyxor Korea 10US$
      108 words
    • Article
      Lock icon FALLS
      127 8 BY CENTS CLOSE DOWN DBXT S&P Short 10US$ 4303 -48.2 -0.9 DBXT FTVietnam 10US$ 3198 -45.6 -1.1 OCBC Bk 4.5%NCPS 100 ***** -40.0 -0.4 CIMBAsean40 100US$ 1012 -20.3 -1.6 Lyxor US DJIA 10 US$ 1223 -19.0 -1.2 Daiwa FT Shariah Jap 896 -12.7 -1.1 UOB 1824 -12.0 -0.7 HsuFuChi
      127 words
    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 8 DAILY
      5 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Asia-Pac office costs to grow fastest: DTZ
      457 9  -  Hong Kong pips London West End as most expensive office location By KELLY TAY GLOBAL occupancy costs are set to rise in 2011, with the Asia-Pacific leading the way. After Bengaluru and Hong Kong, Singapore is expected to show the third-highest increase in
      Source: DTZ Research  -  457 words
    • Article
      Lock icon Dons offer insights for regional firms going global
      408 9  -  By LINETTE LIM VERY few South-east Asian family firms are well positioned to become global multinationals, said professors at the Family Business Industry Roundtable held yesterday at the National University of Singapore (NUS) Business School. According to a 2008 report from the
      408 words
    • Article
      Lock icon Punching way above its weight
      551 9  -  S’pore deemed next big economic player after China and India By CHUANG PECK MING WHO’S going to be the next big player in the global economy, after China and India? Singapore, according to the first Harris poll in Asia. Almost half (46 per cent) of
      551 words
    • Article
      Lock icon S’pore may have to cut loss in M-E: George Yeo
      666 10  -  Tanjong Pagar railway station on track to move to Woodlands in July YESTERDAY IN PARLIAMENT By LEE U-WEN GIVEN the recent upheavals in the Middle East over the past few weeks, Singapore may have to “cut losses” in some countries
      666 words
    • Article
      Lock icon MND, 2 stat boards moving to Jurong Gateway by 2015
      511 10  -  By EMILYN YAP THE Ministry of National Development (MND) and two of its statutory boards will be moving to a brand new mixed-use development at Jurong Gateway by 2015. Future plans for MND Complex at Maxwell Road, where these agencies
      511 words
    • Article, Illustration
      Lock icon Fund helps firms use technology, cut labour
      332 10  -  By EMILYN YAP IT takes as many as six workers to wash the muddy wheels of trucks leaving construction sites when just one powerful machine can do the job. This was one of several case studies which the Building and Construction Authority (BCA)
      TIONG SENG CONTRACTORS PTE LTD  -  332 words
    • Article, Illustration
      Lock icon UOL-SingLand condo to have resort feel, terrace homes
      559 10  -  Tie-up places $465 psf ppr top bid for Bedok Reservoir plot By KALPANA RASHIWALA A UNIQUE low-rise condo project with a resort ambience and even some strata terrace houses on a plot fronting Bedok Reservoir Park is being planned by a UOL
      559 words
    • Article
      Lock icon HDB tweaking policies to help first-time buyers
      567 10  -  More BTO flats 14,000 to be offered in first half By UMA SHANKARI THE Housing Development Board (HDB) will tweak several policies to make it easier for first-tim-ers and lower income households to buy a flat, National Development Minister Mah Bow Tan said
      567 words
    • Article
      Lock icon Local farming promoted for food security
      302 10  -  By FELDA CHAY SINGAPORE has implemented a range of measures to ensure that its food supply remains resilient against global food price movements and supply issues. One of the steps the government has taken to ensure this includes promoting local farming of eggs, fish
      302 words
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      Lock icon Page 9 Advertisements Column 1
      78 9 Chevrolet, com. sg IGO YEARS OF CHEVROLET CELEBRATING 100 GREAT YEARS WITH 100 GREAT DEALS of Chevrolet Models offered with a fantastic price tag. cRUZEfr$66»995 'l*-"*". A- Visit Our Chevrolet Roadshow Level 1 Atrium, NorthPoint 5 th 6 th Mar, 10am 10pm CRUZEIOO YEARS OF CHEVROLET Price includes COE. *Terms
      78 words
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      34 10 LESS IS MORE Indian brides ditching traditional heavy make-up for modern, lighter look Indians add to foreign flavour in Singapore private property market GET YOUR COPY TODAY FROM ALL 7-ELEVEN OUTLETS (WHILE STOCKS LAST)
      34 words
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  • ECONOMY WATCH
    • Article
      Lock icon Japan’s monetary easing to stay
      578 11 BOJ official doesn’t foresee immediate downside risks to economic growth Reuters [KUMAMOTO, Japan] The Bank of Japan is determined to stick to its strong monetary easing stance but is ready to act flexibly if the economic outlook worsens markedly, board member Tadao Noda said yesterday.
      Reuters  -  578 words
    • Article, Illustration
      Lock icon State finances will hinge on US growth, says Fed chief
      578 11 Worried investors have pulled money from domestic bonds Bloomberg [WASHINGTON] Federal Reserve chairman Ben S Bernanke said an improvement in state and local government finances will depend on the rate of US economic expansion. “If the economy continues to strengthen
      Bloomberg; AFP  -  578 words
    • Article
      Lock icon Beige Book points to modest growth
      501 11 AP NYT [NEW YORK] Economic activity in the United States expanded at a “modest to moderate” pace in the early part of the year, as retail sales and manufacturing grew in all but a few regions of the country, according to a survey of
      AP; NYT  -  501 words
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      Lock icon Page 11 Advertisements Column 1
      299 11 #<# *5^ <s-✓,-v <*v 9 iProperty.com EXPO INTERNATIONAL COLLECTION 5 6 March 2011, 10am 7pm Sands Expo Convention Centre Marina Bay Sands, Singapore This prestigious event is brought to you by iProperty.com Singapore Singapore's Leading Property Website L .0 "M .1' SSSS5!SS«?2! iaiH,aaiaB,BI,M HTB J' 0-Award-Winning Property Developers Featuring Developers
      299 words
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  • MALAYSIA/INDONESIA
    • Article
      Lock icon Felda in talks to buy land in S-E Asia
      183 12 Reuters [KUALA LUMPUR] Malaysia’s Felda Holdings, the world’s largest estate owner, is in talks to buy up to 90,000 hectares of land across South-east Asia to tap growing global demand for rubber and palm oil, and boost profits, its top official
      Reuters  -  183 words
    • Article
      Lock icon Private equity firms eye M’sian glovemaker YTY
      345 12 Deal likely to be completed in two months and the asset may fetch up to RM1.5b: sources Reuters [KUALA LUMPUR] Private equity firms EQT and Affinity are among bidders for unlisted Malaysian rubber-glove manufacturer YTY Group, an asset which could fetch as much
      Reuters  -  345 words
    • Article, Illustration
      Lock icon Indonesia’s rice supply adequate: minister
      376 12 Reuters [JAKARTA] Indonesia will not import more rice in coming months as stockpiles are now sufficient and expectations high for increased local production, Trade Minister Mari Pangestu said, offering relief in its fight against food inflation. In an exclusive interview with Reuters, she said the
      Reuters; REUTERS  -  376 words
  • Page 12 Advertisements
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      Lock icon Page 12 Advertisements Column 1
      1890 12 WATS NOTICES BUY IT• SELL IT• FIND IT TOP (l GLOBAL LIMITED (Incorporated in the Republic of Singapore) (Registration Number: *****3719Z) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN THAT an Extraordinary General Meeting ("EGM") of Top Global Limited (the "Company") will be held at Compass Ballroom, 10 Tuas
      1,890 words
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      1663 12 BUY IT-SELL IT-FIND IT :*ATci ir" F 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 LB QUEENSLAND PTE. LTD. (In Members' Voluntary Liquidation) (Co. Reg. No. *****2155E) NOTICE OF RESOLUTION MEMBER'S RESOLUTIONS IN WRITING PURSUANT TO ARTICLE 79
      1,663 words
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      Lock icon Page 12 Advertisements Column 3
      473 12 IN THE MATTER OF THE COMPANIES ACT (CAP. 50) AND IN THE MATTER OF DIAGONAL CONSULTING PTE LTD. (In Members' Voluntary Liquidation) (Co. Reg. No. *****5107N) NOTICE OF RESOLUTION At an Extraordinary General Meeting of the member of the abovenamed Company duly convened and held pursuant to Section 179(6) of
      473 words
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  • GREATER CHINA
    • Article
      Lock icon HK banking on yuan market to boost standing
      507 13 It aims to be international financial centre facilitating China’s liberalisation Reuters [NEW YORK] Hong Kong is betting on China’s currency liberalisation programme to help put it on par with New York and London as a financial centre, one official said on Tuesday.
      Reuters  -  507 words
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      2585 13 MANDATORY CONDITIONAL CASH OFFER by CHENG KWEE KIANG for JACKSPEED CORPORATION LIMITED (Registration no. *****0300W) (Incorporated in the Republic of Singapore) 1. INTRODUCTION 1.1 ChengKweeKiang(the“Offeror”),asubstantialshareholderofJackspeedCorporationLimited(the“Company”), held an aggregate of 58,338,110 ordinary shares (“Shares”) in the issued and paid up capital of the Company, representing approximately 27.88% of total issued Shares.
      2,585 words
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  • CHINA/INDIA
    • Article
      Lock icon China may let insurers buy more unsecured bonds
      386 14 Move part of efforts to boost country’s nascent but rapidly developing market Reuters [SHANGHAI] China’s insurance regulator is considering raising the proportion of assets that insurers may invest in unsecured bonds to 30 per cent from the current 20 per cent, IFR,
      Reuters  -  386 words
    • Article, Illustration
      Lock icon Mukherjee notes risk of fuel subsidies swelling
      375 14 Higher oil prices may throw budget estimates off track Bloomberg [NEW DELHI] India’s Finance Minister Pranab Mukherjee has said that higher oil prices were a concern, underscoring the risk to the nation’s fuel subsidy bill and efforts to curb the budget deficit. “Uncertainty
      Bloomberg; AP  -  375 words
    • Article
      Lock icon India’s anti-graft chief quits after appointment is ruled illegal
      287 14 Bloomberg [NEW DELHI] India’s chief anti-cor-ruption official quit after the Supreme Court judged his appointment by a panel including Prime Minister Manmohan Singh to be illegal, embarrassing the government as it bids to shake off graft claims. The resignation of PJ
      Bloomberg  -  287 words
    • Article
      Lock icon Berkshire enters India insurance market
      185 14 AP [MUMBAI] Billionaire Warren Buffett’s Berkshire Hathaway is entering the Indian insurance market as a corporate agent for Bajaj Allianz, the companies said. Berkshire made no investment in Bajaj, but will sell policies for Bajaj Allianz General Insurance, beginning with car insurance, Bajaj spokesman Santosh
      AP  -  185 words
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      274 14 r WINE DINE AND HOSPITALITY A MUSHROOM MAGNIFICENCE Hai Tien Lo presents a pleasing medley of mushroom marvels, created by the expert hands of Master Chef Lai Tong Ping. Complement your epicurean enjoyment with amazing vantage of the city skyline. Be charmed by Stewed Seafood Claypot with Fresh Mushroom, Wok-fried
      274 words
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  • WORLD
    • Article, Illustration
      Lock icon Rising oil prices threaten Japan recovery: BOJ
      565 15  -  Economists also fear damage from food and oil price hikes on poorer Asian nations By ANTHONY ROWLEY in Tokyo A BANK of Japan (BOJ) senior official expressed fears yesterday about the impact that soaring oil prices could have on the imported ener-gy-dependent Japanese
      REUTERS  -  565 words
    • Article
      Lock icon Aussie firms with Asian exposure attract funds
      535 15 Reuters [SYDNEY] Australia’s private equity firms and top global buyout firms are still finding attractive deals in the local market through companies that are leveraged to Asian growth, despite an increasing investor focus directly on China and India, industry executives said yesterday. “I
      Reuters  -  535 words
    • Article
      Lock icon NZ quake may have killed 100 foreigners
      201 15 Bloomberg [WELLINGTON] As many as 100 foreign nationals may have perished in the earthquake that struck Christchurch last week, the New Zealand government said as the mission to rescue survivors officially became a search for bodies. Search teams in the South Island city’s
      Bloomberg  -  201 words
    • Article
      Lock icon News Corp closer to winning BSkyB
      476 15 Reuters [LONDON] Rupert Murdoch’s News Corp took a huge step towards securing its prized US$14 billion buyout of BSkyB when Britain accepted its proposals to alleviate competition concerns. The move, which could still be challenged by media rivals in court, would allow News Corp
      Reuters  -  476 words
    • Article
      Lock icon China think tank slams loose US monetary policy
      579 16 Its chief describes QE as a narcotic, an amphetamine, a smoke bomb Reuters [BEIJING] The loose monetary policy in the United States is a little better than “a narcotic” and will harm the rest of the world more than it will help
      Reuters  -  579 words
    • Article, Illustration
      Lock icon Ahold returning 1 b euros to shareholders
      616 16 Reuters [PARIS] Dutch grocer Ahold will return one billion euros (S$1.7 billion) to shareholders, joining France’s Carrefour in battling to attract investors against a tough outlook for retailers. Carrefour, Europe’s biggest retailer which is in the midst of a three-year turnaround plan, said
      Reuters; BLOOMBERG  -  616 words
    • Article
      Lock icon Fund firms move to cut risk of commo volatility
      547 16 New commo funds designed with aim of preserving capital Reuters [LONDON] Asset managers are launching an increasing number of active commodity funds designed to reduce exposure to collapsing prices in an asset class that can undergo wild swings. Controlling losses is
      Reuters  -  547 words
    • Article
      Lock icon Rubber prices set to stay around record levels
      608 16 Reuters [BANGKOK]From booming car sales in China and strong demand from European and US tyre-makers to bad weather crimping supply, the rubber market shows little sign of losing its bounce, with prices set to stay around record levels for months to come.
      Reuters  -  608 words
    • Article, Illustration
      Lock icon Gap opens flagship store in Tokyo
      373 16 Reuters [TOKYO] US fashion chain Gap opened its Japanese flagship store yesterday, inviting pop star Avril Lavigne to add glamour to an event that saw hundreds of youngsters camp outside the shop overnight. The four-storey shop in the heart of Tokyo’s glitzy Ginza shopping
      Reuters; BLOOMBERG  -  373 words
  • Page 15 Advertisements
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      Lock icon Page 15 Advertisements Column 1
      388 15 MATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com. IN THE MATTER OF THE COMPANIES ACT, CAP.50 AND IN THE MATTER OF VTS TECHNOLOGY (S) PTE LTD UEN CO REG NO: *****3652D MEMBERS’ VOLUNTARY WINDING UP At an Extraordinary General Meeting of VTS Technology (S) Pte Ltd held at 57 Ubi Ave
      388 words
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      433 15 NIZAL INVESTMENTS PTE LTD (In Members' Voluntary Liquidation) Company Reg. No. (UEN) *****4332C NOTICE IS HEREBY GIVEN pursuant to Section 308(2) of the Companies Act, Cap 50, that the Final Meeting of the abovenamed Company will be held at 180 Orchard Road Singapore *****6 on 4th April 2011 at 11a.m.
      433 words
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      Lock icon Page 15 Advertisements Column 3
      272 15 NOTICE OF CIVIL AVIATION AUTHORITY OF SINGAPORE (CAAS)’ INTENTION TO COMMENCE AN INQUIRY FOR THE SECOND REGULATORY PERIOD (FY2012/2013 TO FY2016/2017) Noticeisherebygivenpursuanttorule20oftheCivilAviation AuthorityofSingapore(PriceControlofAeronauticalCharges) Rules 2009 (“Price Control Rules”) of the CAAS’ intention to commence an inquiry with respect to the second regulatory period. In accordance with rule 21 of the
      272 words
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      495 15 THE STYLE MERCHANTS LIMITED (Company Registration No.: *****) (Incorporated in Bermuda on 24 January 2000) NOTICE OF SPECIAL GENERAL MEETING NOTICE IS HEREBY GIVEN that a Special General Meeting (the “SGM”) of The Style Merchants Limited (the “Company”) will be held at NTUC Centre, 1 Marina Boulevard, Room 701, Level
      495 words
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  • ASIA-PACIFIC/WORLD
    • Article, Illustration
      Lock icon ECB rate hike likely in April, but not over 2 5 bps
      681 17 Any rise will not signal start of a round of increases: central bank chief Reuters [FRANKFURT] The European Central Bank (ECB) may hike interest rates next month, far earlier than markets expected, though any rise would not signal
      Reuters; AP  -  681 words
    • Article
      Lock icon US jobless claims at lowest level since May 2008
      278 17 Bloomberg [WASHINGTON] Initial jobless claims unexpectedly declined last week to the lowest level since May 2008, pointing to a strengthening labour market. Applications for unemployment benefits decreased by 20,000 to 368,000 in the week ended Feb 26, Labor Department figures showed
      Bloomberg  -  278 words
    • Article
      Lock icon Greek toll dodgers threaten economic recovery
      590 17 Citizens’ ‘I don’t pay’ movement is next roadblock for nation Reuters [ATHENS] A movement more insidious than crippling strikes or anarchist fire bombings is threatening to undermine Greece’s efforts to escape a debt crisis shaking the eurozone. The “I don’t pay” movement a sullen
      Reuters  -  590 words
    • Article, Illustration
      Lock icon Gaddafi’s forces strike at rebels controlling oil hubs
      603 17 Arab states in midst of weighing a plan to end turmoil REVOLT IN LIBYA Reuters [BREGA] Muammar Gaddafi’s forces struck at rebel control of oil export hubs in Libya’s east for a second day yesterday as Arab states weighed a plan to
      Reuters; REUTERS  -  603 words
    • Article
      Lock icon Stanchart posts flat earnings despite a 9% rise in revenue
      608 17  -  Reasons given were its hiring focus, business building By SIOW LI SEN [SINGAPORE] Standard Chartered Singapore last year posted flat earnings of US$718 million despite revenues rising 9 per cent to US$1.7 billion as it made significant investments in hiring
      608 words
    • Article
      Lock icon Thousands of Chinese fleeing Libya
      192 17 AP [BEIJING] Tens of thousands of Chinese workers are scrambling to escape the chaos in Libya, highlighting the risks taken by Chinese businesses piling into unstable African countries in search of oil, gas and other resources. Beijing is taking unprecedented steps to aid with the
      AP  -  192 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon US Republicans’ stand deeply troubling
      473 18 EDITORIAL DEMOCRATS and Republicans finally came to an agreement that prevented the shutdown of the US government on March 4 with stopgap legislation that extends current government spending authority to March 18. Leaders of the Republican Party, including a large contingency of Tea Party lawmakers,
      473 words
    • Article, Illustration
      Lock icon S’pore firms can join Asian consortiums for global deals
      764 18  -  THE BOTTOM LINE ANTHONY ROWLEY Tokyo Correspondent DURING a conversation I had recently with the president and CEO of a leading Japanese bank (I’m not at liberty to say which one), some flattering things were said about the ability of Singapore
      764 words
    • Article, Illustration
      Lock icon Labour unions in US set to lose more ground
      886 18  -  With state governments facing a budget crunch, another bastion comes under siege ROBERT SAMUELSON The Washington Post Writers Group WHATAmericansare witnessing in Wisconsin and elsewhere is the death knell of Big Labour. Once upon a time, most Americans could identify the
      The Washington Post Writers Group; AFP  -  886 words
    • Article, Illustration
      Lock icon Tharman on productivity
      2262 19 In his Parliament speech on Wednesday, Finance Minister Tharman Shanmugaratnam touched on four key issues: a. Whether we have adopted the right strategies to boost productivity; b. How we can keep social mobility going and uplift lower-income Singaporeans; c. How we are addressing the issue of rising
      YEN MENG JIIN  -  2,262 words
    • Article
      Lock icon Firms, update shareholders on operations
      116 19  -  LETTER TO THE EDITOR Denis Distant BOUSTEAD Singapore Ltd and Hotel Grand Central Ltd have been quick to advise shareholders of the effect on their operations in Libya and Australia due to political problems in one case and natural disasters in the latter case. But
      116 words
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  • AVIATION/SHIPPING
    • Article, Illustration
      Lock icon SIA discovers 5 oil leak cases on its A380 planes
      501 20 But the airline says that the leaks are minor and planes are safe to fly AFP AP [SINGAPORE] Singapore Airlines (SIA) said yesterday that it had discovered five cases of oil leaks on the Rolls-Royce Trent 900 engines on its
      AFP; AP; ROLLS-ROYCE  -  501 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      3379 20 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 JX817
      3,379 words
    • Article
      Lock icon $500,000 as innovation incentives from CAAS
      241 20 THE Civil Aviation Authority of Singapore (CAAS) has set aside $500,000 for the Process Innovation Challenge (PIC) an incentive programme seeking to enhance productivity in the aviation sector. The PIC is structured as a competition-based incentive scheme open to all Sin-gapore-based companies. It aims
      241 words
    • Article
      Lock icon Baltic sea index rises on modest cargo demand
      311 20 Reuters [LONDON] The Baltic Exchange’s main sea freight index, which tracks rates to ship dry commodities, rose for a fourth session on Wednesday as modest cargo activity boosted sentiment. The index rose 1.51 per cent, or 19 points, to 1,281 points. Before
      Reuters  -  311 words
    • Article
      Lock icon China Aviation to buy US maker of small planes
      201 20 Bloomberg [SINGAPORE] China Aviation Industry General Aircraft Co has agreed to buy Cirrus Industries Inc, the maker of the world’s bestselling four-seater plane, to help boost sales in the US and other overseas markets. The transaction will be completed by about
      Bloomberg  -  201 words
    • Article
      Lock icon TRANSPORT ST0CKS
      278 20 SGX '000 Mar 3 S$ +/-Vol CH Offshore 0.46 0.01 65 Chuan Hup Hldg 0.24 unch 218 Cosco Corp 2.01 0.02 ***** CWT Ltd 1.23 0.02 2452 Ezra Hldgs 1.68 0.01 5583 First Ship Lea 0.42 unch 318 Freight Links 0.07 unch 135 Grand Banks unch unch 0
      278 words
    • Article
      Lock icon Budget cuts will delay security clearance, US Senate panel told
      368 20 Reuters [WASHINGTON] US Homeland Security Secretary Janet Napolitano warned on Wednesday that travellers could face longer waits to get through airport security if Republican Party-pro-posed budget cuts are adopted. The fiscal 2011 budget plan passed by the Republi-can-controlled House of
      Reuters  -  368 words
    • Article
      Lock icon AirAsia Indonesia plans Q4 IPO launch
      260 20 AFP [JAKARTA] An Indonesian subsidiary of budget airline AirAsia hopes to raise up to US$200 million in an initial public offering (IPO) that would hand investors up to a fifth of the company. “We expect to raise up to US$200 million from the IPO”,
      AFP  -  260 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      9057 21 Transaction date: Mar 3 52-wks Tel Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Code Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 21 14.5 3148 8Telecom 17.5 unch 200 17.5 17.5 17 17.5 7.8 3.5 3.7 83.8 12 4.5 5834
      9,057 words
    • Article
      Lock icon SGX CATALIST
      1686 22 52-wks Tel Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Code Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 7 4 1181 t AA Grp 4.5 4 5 21.4 4.3 225 130 6222 t APStrategic 167 +2 4 167 166 160
      1,686 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      9544 22 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.34/ APS Alpha Fund (USD)!** 1.05/ APS Alpha Fund Cl B SGD!** APS Alpha Fund Cl B USD!** AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt S'pore Pte Ltd AXA WM -Talents Fund
      9,544 words
    • Article
      Lock icon GLOBALQUOTE
      250 22 52-Wk Tel Last Vol Day Last Quote Div GrYld Net MCap High Low Code Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 56 38 6000 AVJennings A53cd 51 55 3.6 6.6 4.2 138 55 16 6017 Genting HK US$ US39 +1 ***** 40 38.5 39 39.5 2568
      250 words
    • Article
      Lock icon SGX ETF
      860 22 52-Wk Tel Last Vol Day Last Quote Div GrYld Net MCap High Low Code Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 124 108 6389 ABF SG Bond ETF 110.7 110.1 111 505.3 1070 761 CIMBAsean40 100US$ US1012 -16 11 1012 1008 990 1006 40.5 350
      860 words
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  • FINANCE& COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      374 23 In local curr In S$ In US$ dy yr dy yr dy yr Mar 2 Index Change Change Change Change Change Change World Index Preliminary 928.1 -0.4 3.4 -0.4 3.5 -0.3 4.5 EAFE Preliminary 821.5 -1.0 2.6 -0.8 3.7 -0.7 4.7 Europe Preliminary 1197.3 -0.6
      374 words
    • Article
      Lock icon INTERBANK RATES
      180 23 Mar 3 $S Offer Bid 0vernight 0.02 0.01 1-month 5/16 1/16 2-months 3/8 1/8 3-months 7/16 3/16 Overnight mode: 0.01 US$ Offer Bid 7 days 0.32 0.22 1 month 0.40 0.30 2 months 0.43 0.33 3 months 0.46 0.36 6 months 0.60 0.50 9 months 0.80 0.60 12
      180 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      22 23 Mar 3 S$ Bid Offer 1-month 1.2677 1.2687 2-months 1.2674 1.2685 3-months 1.2672 1.2683 6-months 1.2665 1.2676 Source: OCBC
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    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 23 Mar 03 As at 9am Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.333 1.258 Can dollar 1.329 1.278 Euro 1.792 1.724 Sterling pound 2.112 2.031 NZ dollar 0.97 0.924 US dollar 1.288 1.239 Local dollars to 100 units of foreign
      121 words
    • Article
      Lock icon STOCK INDEX FUTURES
      27 23 Mar 3 Open High Sett STI Mar 3033 SIMSCI Mar 355.5 361.4 357.3 Taiwan Mar 307.2 312.9 312.1 Source: MF Global (S) Pte. Ltd
      27 words
    • Article
      Lock icon PALM OIL
      67 23 Mar 3 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Mar 11 3680 3650 3680 3616 198 1830 Apr 11 3657 3630 3670 3596 2742 ***** May 11 3626 3600 3648 3564 ***** ***** Jun 11 3601 3570
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    • Article
      Lock icon SGX DERIVATIVES TRADING
      478 23 Mar 3 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Mar11 99.6850 0 4827 Jun11 99.6350 0 2007 Sep11 99.5400 0 3214 Dec11 99.3800 0 2800 EUROYEN TIBOR FUTURES Mar11 99.6625 99.6625 99.6625 99.6625 0 6006 Jun11 99.6500 99.6500 99.6500 99.6525 125 1422 Sep11 99.6450 1 766
      478 words
    • Article
      Lock icon SICOM FUTURES
      133 23 Mar 3 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Apr 11 604.0 600.0 600.0 4 May 11 601.0 601.0 600.0 2 Jun 11 600.0 600.0 600.0 1 Jul 11 595.0 Aug 11 585.0 Sep 11 570.0 Oct 11
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    • Article
      Lock icon GOVERNMENT SECURITIES
      79 23 Mar 3 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****T 02.06.2011 0.33 0.29 0.29 1-Year BY*****N 01.11.2011 0.40 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0V 1.625 01.04.2013 102.45 5-Year N*****0S 2.875 01.07.2015 107.37 10-Year NY*****N
      79 words
    • Article
      Lock icon CHICAGO BOT
      107 23 Mar 2 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Mar 11 1387.25 1367.50 1391.75 1364.50 May 11 1394.25 1375.25 1399.00 1372.00 Jul 11 1401.75 1382.00 1405.75 1378.75 Aug 11 1390.25 1370.00 1392.75 1370.00 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Mar 11 58.27
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    • Article
      Lock icon CRUDE OIL & PRODUCTS
      77 23 CRUDE OIL PRODUCTS Mar 2 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 117.23 3.27 WTI (Near Mth) 102.32 2.71 Dubai (1-Mth F) 109.27 2.47 Tapis blend 120.03 2.68 Minas 115.83 2.58 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 107.88 2.05 Jet Kerosene 130.20 2.45 US$/barrel Opec Oil
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    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      2637 23 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Tel Last Vol Conv Exer Disc Gear-Mths Code Company Sale +or-('000) Ratio Price ing Left AFP Properties EW*****8 24.5 0.5 3215 1 10 -7 1.51 56 6221 Asia-Pacific Strategic W*****6 32 1 150 9 5.22 38 6227 ASJ Hldgs W*****1 3 1 4 40
      2,637 words
    • Article
      Lock icon INTERBANK CROSS RATES
      464 23 Mar 3 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.990 6.684 0.733 7.920 45.794 89.492 0.833 11.384 3.081 1.364 86.971 44.078 1.289 6.976 0.940 29.992 31.000 0.623 1.017 Canada 1.010 6.752
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    • Article
      Lock icon SIBOR
      85 23 Mar 3 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 0.***** 0.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths
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    • Article
      Lock icon PRECIOUS METALS
      137 23 Mar 3 GOLD (US$/oz) Mar 02 Mar 03 Hong Kong 1429.50 1429.30 Mar 01 Mar 02 London 1422.45 1438.10 1423.15 1438.85 Source: Thomson Reuters CAST BAR Mar 03 (S$) Selling Buying Kilobar "62,968.43" ***** PAMP GOLD BARS (S$) Selling Buying 1gm 141 59 5gm 400 294 10gm 715
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    • Article
      Lock icon LONDON METALS
      69 23 Mar 2 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2570.25 2577.75 3 months 2603.00 2610.00 Copper, Grade A (US$/tonne) Cash 9876.50 9848.50 3 months 9890.00 9859.50 Lead (US$/tonne) Cash 2572.25 2568.75 3 months 2564.00 2555.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      154 23 Mar 3 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2886 1.2902 1.0163 1.0168 Canadian dollar 1.3017 1.3034 1.0267 1.0272 Euro 1.7582 1.7598 1.3867 1.3869 NZ dollar 0.9445 0.9458 0.7449 0.7454 Sterling pound 2.0687 2.0710 1.6316 1.6321
      154 words
    • Article
      Lock icon LIFFE
      82 23 Mar 2 COCOA (£/tonne) Close Prev High/Low Mar 11 2354 2337 2355/2300 May 11 2346 2325 2348/2291 Jul 11 2289 2262 2292/2241 Sep 11 2262 2242 2269/2216 COFFEE (US$/tonne) Close Pev High/Low Mar 11 2327 2337 2340/2312 May 11 2363 2384 2377/2355 Jul 11 2378 2397 2389/2366 Sep 11
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  • Article
    Lock icon THE BUSINESS TIMES SHIPPING TIMES
    5775 24 BALISA SHIPPING TRADING PTE LTD 8 Shenton Way, #40-03A, Singapore *****1 Tel: 6345 5700 Fax: 6345 5227 Email: singapore@balisagp.com UEN 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 Destination COMMODORE
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  • Page 24 Advertisements
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  • Page 25 Advertisements
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      Lock icon Page 25 Advertisements Column 1
      44 25 Experienced a Can they Stlfp maintenance find your services services wanted. here in the Shipping Times? 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 1327
      44 words
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      Lock icon Page 25 Advertisements Column 2
      18 25 USE THIS SPACE TO SELL CALL JOE WONG AT 9620 1327 TO ADVERTISE THE BUSINESS TIMES SHIPPING TIMES
      18 words
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  • executive lifestyle
    • Article, Illustration
      Lock icon Hello, fellow conspiracy theorists
      579 26  -  OFFTHE CUFF Jaime Ee MY dear fellow conspiracy theorists, thank you for convening here today at such short notice. Yes, it has been a while since our secret society saw any activity, partly due to the lack of perceived conspiracies and partly because many of you
      579 words
    • Article, Illustration
      Lock icon BIGGER, BETTER, BOLDER
      2086 26  -  Singapore will be Asia’s go-to city for top togs if the brains behind the Asia Fashion Exchange get their way, reports MELISSA LWEE reports MELISSA LWEE BIGGER, better and bolder. That’s what the organisers of the 2011 Asia Fashion Exchange (AFX) promise for the 11-day fashion season
      2,086 words
    • CINEMA
      • Article, Illustration
        Lock icon Asian women powerhouses of film
        3409 27  -  To celebrate International Women’s Day on March 8, we look at how the Asian film industry has evolved through the contributions of eight women who paved the way for others to make their mark in filmdom, reports DYLAN TAN reports DYLAN TAN Be as tough
        PHOTOS OF MEILEEN CHOO, EMI WADA, NANCY KWAN, LILY YU MONTEVERDE, NANSUN SHI AND MIRA LESMANA: TEO KENG BENG; PHOTO OF MABEL CHEUNG: JOHN CHU  -  3,409 words
      • Article, Illustration
        Lock icon Rivetingly romantic genre-bender
        511 28  -  By DYLAN TAN ELABORATING on Adjustment Team, sci-fi writer Philip K Dick’s 1954 short story, The Adjustment Bureau is an entertaining existential drama cleverly disguised within a cat-and-mouse chase with plenty of romance thrown in for the two good-looking leads to work the box office. Matt Damon
        UNIVERSAL PICTURES  -  511 words
      • Article, Illustration
        Lock icon My big, fat psychotic wedding
        533 28  -  By CLARISSA TAN JOEY and Gin are making a wedding video. They’re not getting married, though it’s a promotional vid for the Wedding Education Department, or W.E.D, of Singapore, whose purview it is to see singles get hitched for the greater good of society (if
        533 words
    • ENTERTAINMENT
      • Article, Illustration
        Lock icon Seamless shootfest
        499 29  -  Controlled pacing, variety and a credible plot make Bulletstorm a blast, GAMING REVIEW writes CHRISTOPHER LIM IF YOU love unrelenting carnage, Bulletstorm will have you grinning from ear to ear. The science-fic-tion title proves that among first-person shooter (FPS) games, balance and smooth execution are more important than
        499 words
      • Article, Illustration
        Lock icon He’s a career Heartbreaker
        503 29  -  DVD REVIEW By CHRISTOPHER LIM IT’S a good thing that romantic comedies generally don’t need to have plausible premises, because the French movie Heartbreaker doesn’t have one. Romain Duris plays Alex Lippi, who breaks couples up for a living. He gets paid exorbitant amounts of money
        503 words
    • MUSIC
      • Article, Illustration
        Lock icon 13-year-old raises $90,000 for BT fund
        539 30  -  By CHRISTOPHER LIM THERE’S nothing like prodigious musical talent to draw crowds to a concert, and 13-year-old Kevin Loh played a repertoire last Friday night that would challenge a guitarist twice his age. That’s why 1,200 people flocked to hear the HSBC Youth Excellence
        539 words
      • Article, Illustration
        Lock icon American high
        876 30  -  Audiences on four levels gave American Pie icon Don McLean a standing ovation, writes CHRISTOPHER LIM THE Esplanade’s 10-day Mosaic Music Festival doesn’t officially kick off till next Friday, but it got an unofficial headstart with Don McLean’s concert on Monday at the Esplanade Concert Hall. McLean’s concert
        876 words
      • Article, Illustration
        Lock icon Pop ditties that stick
        777 30  -  CD REVIEWS By CHRISTOPHER LIM POP music is all about melodies that infect your brain and never leave, and the ability of singers to do them justice. Those things make Daniel Powter a great pop artist. Powter’s name may not be instantly recognisable, but the odds
        777 words
      • AROUNDTOWN
        • Article, Illustration
          Lock icon Season of children’s theatre
          158 30 ACT 3 International Children’s T heatre presentsCirco Fokus Bokus (right) by Kukla Puppet Company from Argentina which crafts plays from the use of UV lighting, a dark stage, black curtains and fluorescent costumes to create a magical visual feast. This performance is suitable for children from
          158 words
        • Article
          Lock icon Discover the writer in you
          115 30 If you’ve always wanted to write about the supernatural, join author S M de Silva and her guest, Marc Nair, a published poet who is currently working on a novel as well as a short film screenplay, as they discuss writing. DeSilva is the author
          115 words
        • Article, Illustration
          Lock icon French flair
          147 30  -  Compiled by CHEAH UI-HOON The exhibition 2 0 French Design Icons assembles a selection of the most iconic French design pieces of the 20th and 21st century and marks an inaugural partnership between Alliance Francaise de Singapour and Nanyang Academy of Fine Arts (Nafa). Items on exhibit will
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    • WINE/ARTS
      • Article, Illustration
        Lock icon Trysts in Kampong show up cracks
        430 31  -  By NATALIE KOH WHAT happens when a foreign journalist uses a university exchange student’s forum to poke her nose into Singapore politics, writing questionable articles about the government? They both, quite literally, end up in a world of pain. Balek Kampong, The Necessary Stage’s
        430 words
      • Article, Illustration
        Lock icon Basking in a 2003 sun
        1242 31  -  Sampling 23 Bordeaux wines of 2003 shows they are a work in progress, says N K YONG WINE N K YONG BORDEAUX 2003 vintage, a “freak” vintage, is nearly eight years old, approaching the age of drinkability. It’s time for an interim assessment, bearing in
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      • Article, Illustration
        Lock icon Baba directs the Bibik of the Hill
        433 31  -  By DYLAN TAN EMILY of Emerald Hill holds a special place in both Ivan Heng and Glen Goei’s hearts as the two stalwarts of local theatre prepare to resurrect Stella Kon’s landmark play at Esplanade Theatre. It marked the debut production of Heng’s
        433 words
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      Lock icon Page 29 Advertisements Column 1
      170 29 Emirates BRITAIN A TRADITION OF LUXURY C Tt* t o Jr British Pu ss ■U> m H jm wv <r <& ?X n\ L lit,;,; V-^ s C"< il •v. '••i iii.. v VVJ'-y 4 .1. > i* .iVh* i •:> Iff V Si .> ss*K A S AT ••V
      170 words
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  • Page 31 Miscellaneous
    • Miscellaneous
      Lock icon Page 31 Miscellaneous Column 1
      325 31 CRYPTIC CROSSWORD Across 1 Arab chief, he left one from the subcontinent (4) 3 Union supporter given nourishment before time left first (10) 8 Be round first with flammable liquid for use in cooking (5,3) 9 Father has a twopenny espresso initially chilled (6) 10 Tools, five pairs found amongst
      325 words
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      Lock icon Page 32 Advertisements Column 1
      88 32 Nokia E7. Success finds itself in good company. Touch and type plus large 4” screen View, edit and create documents Multiple email accounts 8 megapixel camera, HD filming and HDMI output nokia.com.sg/E7 nokia.com.sg/E7 Inc. Facebook visit Please of trademark qualify. to registered original be a is must Facebook quotes Nokia.
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