The Business Times, 11 March 2011
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2011-03-11
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The Business Times
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Title Section24 2011-03-11 1 THE BUSINESS TIMES S$1 .00 online at http://www.businesstimes.com.sg SjSl A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 138/08/2010 Friday, March 11,201124 words
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486 2011-03-11 1 CHUANG PECK MING - Bill seeks to bar lawyers from holding the funds in their client accounts By CHUANG PECK MING [SINGAPORE] Law Minister K Shanmugam yesterday introduced a Bill in Parliament seeking to reduce the risk of rogue lawyers running off with clients’ conveyancing money. If passed,486 words
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Article, Illustration636 2011-03-11 1 JOYCE HOOI - HPH Trust IPO not as big but still the biggest In highest-priced scenario of US$1.03, it could raise up to US$5.6b instead of US$5.8b By JOYCE HOOI [SINGAPORE] The ceiling for Hutchison Port Holdings Trust’s initial public offering (IPO) may have been lowered, based on talk that its offer priceHUTCHISON PORT HOLDINGS - 636 words
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Article141 2011-03-11 1 HST INDEX 3,075.44 (-17.46) HST INDEX FUTURES 3,070 (-17) HSIMSCI 362.86 (-2.08) HSIMSCI FUTURES 362.60 (-2.30) FOREX US$ S$ US$ (S$ per US$) 1.271 (US$/S$ per 1.615 2.054 EURO (US$/S$/E) 1.383 1.758 Foreign currency per US$ S$ YEN 82.80 65.10 RM 3.037 2.389 HK$ 7.790 6.127 BAHT 30.35141 words
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Advertisement80 2011-03-11 1 ENTREPRENEURS Two S’poreans among WEF’s Global Leaders PAGE 4 S’PORE BIENNALE Sites to behold PAGE SING SINGAPORE The arrival of a multi-million dollar Broadway musical is set to be a potential game changer for ‘live’ entertainment here EXECUTIVE LIFESTYLE I PAGE 36 H; > I A S3 cV CS CD80 words
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Advertisement10 2011-03-11 1 COMPANIES Bad day for shares of palm plantations PAGE 510 words
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Advertisement12 2011-03-11 1 FESTIVALS AROUND THE WORLD Lights, lantern, action! PAGE 33 8 '*****1 *****412 words
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TOP STORIES
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Article, Illustration859 2011-03-11 2 Of 214 newcomers, 54 are from China and 31 from Russia, says Forbes AFP AP [NEW YORK] The Asia-Pa-cific region produced 105 new billionaires in 2010, more than Europe for the first time in over a decade and the most forAFP; AP; REUTERS PHOTOS - 859 words
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Article561 2011-03-11 2 HPH Trust IPO not as big but still the biggest THE ceiling for Hutchison Port Holdings Trust’s initial public offering may have been lowered, based on talk that its offer price range has been narrowed. In the highest-priced scenario of US$1.03, the IPO could raise up to US$5.6561 words
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415 2011-03-11 4 RONNIE LIM - Some reckon fear premium amounts to as much as US$2 a barrel now By RONNIE LIM [SINGAPORE] As world oil prices continued its upward climb yesterday with the fighting in Libya now threatening oil facilities there oil trading activity in Singapore415 words
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Article, Illustration639 2011-03-11 4 AP [BEIJING] China’s trade grew strongly in the first two months of the year despite a surprise February deficit due to surging prices for imported oil and other commodities. January-February exports rose 21.3 per cent over the same period a year ago toAP; REUTERS - 639 words
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Article, Illustration700 2011-03-11 4 MICHELLE QUAH - By MICHELLE QUAH [SINGAPORE] Carlos Fernandes, the David who last year defeated the Goliath that was MediaCorp, has been honoured by the World Economic Forum (WEF) as one of its Young Global Leaders for 2011. Mr Fernandes, who successfully sued the national broadcaster forFILE PHOTO - 700 words
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539 2011-03-11 4 S JAYASANKARAN - By S JAYASANKARAN in Kuala Lumpur RISING global oil prices are likely to push up fuel subsidies in three South-east Asian countries, leading to much larger budget deficits at a time when cutting them was once a priority. It will539 words
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Advertisement362 2011-03-11 2 EleganceDELIVERING IN AT GLENEAGLES HOSPITAL VIP Suite MATERNITY PACKAGES Length of Stay (Days) Maternity Packages* Normal Assisted Delivery Normal Assisted Delivery with Epidural Caesarean Delivery (Elective) with General Anaesthesia Epidural Package Price (S$) Single Room Double Room 2 2 1,575 1,750 2,450 2,750 3,900 3 2,750 Information is subject to362 words
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Advertisement205 2011-03-11 3 1 IB S3 Lincoln Road, Newton in District 11 Push the boundaries of the high life. At Miro, you ae free to express yourself by redefining you living spaces. Located at the prestigious address of I Lincoln Road, it is near the Newton MRT station and Orchard Road. New high205 words
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Advertisement145 2011-03-11 4 Calling Out to CEOs, HR Training Heads A new national training scheme by WD A can bring about major improvements at your workplace English Workplace Better Communication, Greater Efficiency Higher Productivity An English language programme for YOUR workers, customised to YOUR work environment Benefit from: Financial support for training, which145 words
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COMPANY NEWS
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Article, Illustration432 2011-03-11 5 FELDA CHAY - Fears of higher production taking its toll on palm oil prices By FELDA CHAY PALM plantation shares had a bad spell yesterday as crude palm oil futures came under pressure amid news of higher production and forecasts that prices will ease. The share priceAFP - 432 words
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659 2011-03-11 5 MICHELLE TAN - HOCK LOCK SIEW By MICHELLE TAN WITH last year’s trading euphoria quickly dissipating amid a fragile investing backdrop, it is no wonder investors are jittery, a mood that has triggered a broad sell-down in equities. So far the Straits Times Index (STI) has659 words
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373 2011-03-11 6 FELDA CHAY - Stock jumps 23.8% to 26 cents, with 33.5m shares changing hands STOCKS IN PLAY By FELDA CHAY THE offer to take Passion Holdings private sparked active trading yesterday in the stock of the Chi-na-based handicraft and furnishings maker, pushing it to373 words
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414 2011-03-11 6 LYNN KAN - $600m RTO deal will be paid for by issuing new shares By LYNN KAN KYODO-Allied Industries, a clean room equipment and systems group, plans to move into the China property development market through a $600 million reverse takeover (RTO) deal. The company announced414 words
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Article, Illustration340 2011-03-11 6 KELLY TAY - By KELLY TAY SWIBER Holdings yesterday secured a contract worth about US$34 million from an international major oil company in South-east Asia. The integrated construction and support services provider to the offshore industry said that the win marks the beginning of its contracts award season forFILE PHOTO - 340 words
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261 2011-03-11 6 MICHELLE TAN - By MICHELLE TAN GLOBAL Logistic Properties (GLP) will replace transport group SMRT Corp as a constituent of the Straits Times Index (STI) on March 21. This follows a half-yearly review of the Singapore market index. Singapore Press Holdings (SPH), Singapore Exchange (SGX) and261 words
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Article, Illustration278 2011-03-11 6 JOYCE HOOI - By JOYCE HOOI KEPPEL Shipyard a unit of Keppel Corp’s Keppel Offshore Marine has secured two new contracts worth $170 million in total. One contract is for completing a pipe-laying vessel and the other is for converting a tanker into a floating, storageST FILE PHOTO - 278 words
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314 2011-03-11 6 LYNN KAN - By LYNN KAN IT’S better fortunes for the Chinese than the local shipbuilders for now. A sector overview released by OCBC Investment Research called a “buy” on Yangzijiang (YZJ), with a fair value price of $2.36. On the other hand, ASL314 words
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Article, Illustration380 2011-03-11 10 UMA SHANKARI - Site has potential to be redeveloped into 200 apartments of some 800 sq ft each By UMA SHANKARI HEETON Holdings, KSH Holdings, TEE International, and Zap Piling have teamed up to buy the freehold MacPherson Green site via a collective sale for $105 million, the380 words
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209 2011-03-11 10 TAN SHIHAO SEAN - By TAN SHIHAO SEAN CHINA-BASED XinRen Aluminum Holdings plans to exercise its option to acquire two smelting plants totalling 275,000 tonnes in capacity. The aluminium producer’s proposed acquisition ties in with its vertical integration strategy to maximise production efficiency. XinRen, which was listed209 words
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COMPANY BRIEFS
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139 2011-03-11 10 THE Straits Trading Company Ltd said that it is considering the possibility of seeking a secondary listing of its ordinary shares on the main market of Bursa Malaysia. It will be appointing CIMB Investment Bank Bhd and the Singapore branches of CIMB Bank Bhd139 words
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135 2011-03-11 10 TREASURY China Trust (TCT) has entered into a lease for 1,636 square metres of space with Eastern Life Insurance at Treasury Building, a 12-storey International Grade A office building in Shanghai. The lease delivers a committed occupancy of 100 per cent for the Treasury135 words
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Advertisement1683 2011-03-11 6 BEATS NOTICES TOP 1 GLOBAL LIMITED (Incorporated in the Republic of Singapore) (Registration No. *****3719Z) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at 10 Tuas West Drive, Compass Ballrooms, Raffles Marina, Singapore *****4 on Monday, 28 March1,683 words
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Advertisement200 2011-03-11 7 www.vw.com.sg New Touareg. CJJ J 4 W m Touareg I I vv 2 Winner of the toughest race in the world, for the third year running. More than just a rally, the Dakar is the toughest endurance race in the world. Over 9,000 km crossing dunes, mud, camel grass, mountains200 words
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SINGAPORE MARKETS
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Article, Illustration557 2011-03-11 8 R SIVANITHY - ST Index ends the day 17.5 points lower; turnover at a mere 997m units worth $1.04b STOCKS R SIVANITHY Senior Correspondent THERE were no real surprises with yesterday’s trading, as stocks drifted weaker in low volume against a backdrop of oil price uncertainty andSource: Bloomberg - 557 words
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Article66 2011-03-11 8 Mar 10 VALUE CLOSE BT OB/OS 255.00 +134.0 BT CADI -*****.00 -108.0 BT 10-day MA -*****.00 +25.00 FTSE ST Mid Cap 762.66 -6.45 FTSE ST Small Cap 549.07 -3.72 FTSE ST All Share 759.29 -4.69 FTSE ST China Top 271.09 -3.91 FTSE ST China 302.96 -3.11 FTSE66 words
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Article186 2011-03-11 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 2 12 2 0 0 0 2 12 2 Manufacturing 39 63 66 2 3 12 41 66 78 Commerce 18 23 18 3 1 3 21 24 21 Tpt/Stor/Comms 8 21 12186 words
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BROKERS’ TAKE
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Article, Illustration255 2011-03-11 8 March 10 close: S$0.81 DMG Partners Securities, March 10 SWIBER has secured a US$34 million transport, installation and subsea contract, boosting its order book to US$714 million. The latest contract win from an international major oil company in South-east Asia is the first material job-win announced since MaySource: Bloomberg - 255 words
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Article, Illustration333 2011-03-11 8 LYNETTE KHOO - Offshore Marine DBS Vickers Research, March 10 Compiled by LYNETTE KHOO SINGAPORE yards are looking good beyond 2011. All the shipyards un- der our coverage posted FY10 results which beat our and market expectations. This was mainly on productivity gains, better pricing and cost management. Looking ahead, we expect ChineseSource: Bloomberg - 333 words
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Article140 2011-03-11 8 Brokers who wish to send in their reports can email us at btnews@sph.com.sg CAGR compounded annual growth rate 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 month140 words
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Article121 2011-03-11 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 17,119 17,119 59,077 59,077 Manufacturing 289,668 18,703 308,371 177,968 1,861 179,830 Commerce 91,108 8,285 99,393 167,249 1,901 169,150 Tpt/Stor/Comms 73,717 1,709 75,426 149,200 389 149,589 Finance 25,600 7 25,607 133,389 1 133,390 Construction 22,597 3,671121 words
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Article110 2011-03-11 8 Stock name Close Change CapMallsAsia 1.720 -0.010 CapitaLand 3.330 -0.020 CapitaMall 1.830 -0.020 CityDev 11.100 -0.140 ComfortDelGro 1.560 +0.010 DBS Grp 14.420 -0.040 F&N 5.850 -0.060 Genting SP 2.000 Golden Agri 0.670 -0.015 HK Land 6.900 -0.080 JMH 46.800 -0.020 JSH 28.000 -0.020 Jardine C&C 35.660110 words
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Article, Illustration472 2011-03-11 8 CURRENCIES AFP [TOKYO] The euro fell sharply against the US dollar and yen in Asia yesterday after Moody’s downgraded Spain, as the ratings agency said it was uncertain about the country’s ability to improve its finances. The single currency retreated to US$1.3817 after theAFP; REUTERS - 472 words
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Article58 2011-03-11 8 VOLUME Golden Agri 88,024,000 Noble Grp 54,052,000 Dyna-Mac 35,783,000 Passion 33,458,000 Genting SP 27,500,000 Contel 21,292,000 SM Summit 18,464,000 ChinaTaisan 16,577,000 SingTel 16,078,000 Asia Water R 15,556,000 VALUE($) Noble Grp 112,048,124 Golden Agri 59,415,630 Genting SP 54,748,920 UOB 48,943,161 SingTel 48,355,990 Keppel Corp 42,987,052 Olam 35,210,780 DBS58 words
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Article119 2011-03-11 8 BY CENTS CLOSE UP DBXT DBLCI-OY 5US$ 4210 142.3 2.7 DBXT iBoxxSing 5SG$ ***** 140.0 1.2 DBXT FTVietnam 10US$ 3381 129.6 3.1 DBXT DBCBDJUBS 10US$ 3844 114.4 2.4 DBXT AUD Bonds 5AU$ ***** 63.8 0.3 GLD 10US$ ***** 54.7 0.3 DBXT S&P Short 10US$ 4299 44.5 0.8 OCBC Bk119 words
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Article130 2011-03-11 8 BY CENTS CLOSE DOWN DBXT E50 10US$ 4412-139.8 -2.4 DBXT MSUSA 10US$ 3115 -86.4 -2.1 IS DJ US Tech 6668 -86.4 -1.0 DBXT Nifty 10US$ ***** -83.9 -0.5 IS S&P500 ***** -64.8 -0.4 DBXT MSTaiwan 10US$ 1942 -41.9 -1.7 Asia Pac Brew 2150 -40.0 -1.8 Lyxor China H 10US$130 words
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Advertisement85 2011-03-11 9 By tur realit their visio r d's m namic ul companies, rant optimism into industri create ■types :ommu Fort indiv passi r chieve their potential Iheir path of success lemorate >iring and their ccess and 10 years of celebrating entrepreneurial excellence Founded and produced by: Major sponsor: ill ERNST &YOUNG85 words
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Advertisement1406 2011-03-11 10 STXPANOCEANCO.,LTD. (A corporation with limited liability established under the law of the Republic of Korea) (Company Registration No.*****1-*****86) NOTICEOFANNUALGENERALMEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of STX Pan Ocean Co., Ltd. (the “Company”) will be held at STX Namsan Tower, 631 Namdaemunno 5 ga, Jung-gu, Seoul 100-803,1,406 words
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Advertisement289 2011-03-11 10 Your window to the marketplace March/April issue out now! Available at all petrol stations (except Caltex) and all major bookstores To subscribe ($30 for six issues delivered to your office or home), please call 6388-3838 GREEN POWER ASIA PTE LTD Energy Utility Systems Developer Invites the Members of the Public289 words
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Advertisement1495 2011-03-11 11 Hutchison Port Holdings Trust (a business trust constituted on 25 February 2011 under the laws of the Republic of Singapore) managed by Hutchison Port Holdings Management Pte. Limited SUBSCRIBENOW!IPO closes on4 M14 March 2011at 1at 10 a.m. (Singapore time) Hongkong International Terminals Yantian International Container Terminals HUTCHISON PORT HOLDINGS TRUST1,495 words
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SINGAPORE NEWS
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469 2011-03-11 12 CHUANG PECK MING - IDA to also unveil measures to prevent unwitting chalk-up of roaming fees YESTERDAY IN PARLIAMENT By CHUANG PECK MING THE Infocomm Development Authority has heard the pet peeves of mobile phone users loud and clear and it will do something about them.469 words
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313 2011-03-11 12 NISHA RAMCHANDANI - By NISHA RAMCHANDANI MEDICAL device manufacturer Medtronic Inc is looking to ramp up investments in South-east Asia as part of its expansion plans. The US-based company, which recently opened a US$56 million manufacturing facility in Changi, is also keen to tie up with313 words
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Article, Illustration398 2011-03-11 12 MAXIE AW YEONG - By MAXIE AW YEONG ERNST Young (E&Y) yesterday launched the nominations for its annual Entrepreneur of the Year awards. This year marks the 10th year since the awards was first launched in Singapore in 2002. E&Y country managing partner Steven Phan said: “Our experienceARTHUR LEE - 398 words
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Article, Illustration357 2011-03-11 12 MINDY TAN - By MINDY TAN SWISS private bank Julius Baer announced the expansion of its yuan product offering yesterday. The bank can now offer yuan conversion services, current and fixed deposit accounts, yuan-denomina-ted unit trusts, currency linked investments, and bonds. These products and services are currently357 words
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260 2011-03-11 12 THE National Solidarity Party (NSP) yesterday introduced five candidates for the imminent General Elections four of whom recently left the Reform Party (RP), citing differences with RP secretary-general Kenneth Jeyaretnam. At a media conference yesterday evening, NSP sec-retary-general Goh Meng Seng confirmed260 words
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338 2011-03-11 12 SEAN TAN - By SEAN TAN THE National University of Singapore (NUS) fared well in the first-ever World Reputation Rankings published by Times Higher Education, coming in a respectable 27th among the world’s top 100 universities and third in Asia. In pole position was Harvard University,338 words
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174 2011-03-11 12 THE Housing and Development Board (HDB) has launched a new batch of notes under its $7 billion medium-term note (MTN) programme, it said yesterday. The issue comprises $500 million worth of 10-year fixed rate notes with a coupon of 3.14 per cent per annum174 words
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SINGAPORE ROUNDUP
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75 2011-03-11 12 CHIEF Justice Chan Sek Keong has launched a reference guide on professional etiquette for lawyers. The first publication of its kind, A Civil Practice Good Counsel for Learned Friends, is a humorous compilation of the legal profession’s courtesy and etiquette rules in Singapore. Copies of75 words
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114 2011-03-11 12 THE National University of Singapore (NUS) and The Johns Hopkins University (JHU) have signed an agreement to launch a joint bachelor of music degree programme starting in August 2011. The programme is the first and only international undergraduate conservatory music programme of its114 words
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80 2011-03-11 12 THE Singapore Art Museum (SAM) and Credit Suisse have renewed their partnership which will be effective till 2013. First established in 2007, the partnership led to the introduction of exhibitions that put the spotlight on emerging talents and outstanding practices in contemporary art. The renewal80 words
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Advertisement19 2011-03-11 12 [MniE(Mfo[$BM§<MEIl3 ffiffililfl |jnT? rrrmrtT?) i Fl' JERRY LUM Snr Marketing Director, MBA, CES HP: *****098 View: jerrylum.myweb.sg fen, A19 words
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ECONOMY WATCH
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Article, Illustration535 2011-03-11 13 Contraction in Q4 is 1.3% and not 1.1% as initially estimated AFP [TOKYO] Japan’s economy contracted by more than first thought in the fourth quarter of 2010 due to weaker-than-expected business investment and private consumption, data showed yesterday. The economy contracted by aAFP; AP - 535 words
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453 2011-03-11 13 Rate slashed to 2.5% to reduce economic fallout AFP [WELLINGTON] New Zealand yesterday announced an “emergency” interest rate cut in response to the Christchurch earthquake, warning that the already struggling economy risked nosediving after the disaster. The Reserve Bank of New ZealandAFP - 453 words
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387 2011-03-11 13 Reuters [BANGKOK] Thai consumer confidence fell for the first time in three months in February, hit by rising oil prices, the high cost of living and political worries ahead of mid-year elections, a university survey showed yesterday. The University of theReuters - 387 words
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224 2011-03-11 13 AFP [FRANKFURT] German exports gained a solid 24.2 per cent in January over the last 12 months, official but provisional figures released yesterday showed, pushing the country’s trade surplus higher. The value of German exports rose to 78.5 billion euros (S$138 billion), the DestatisAFP - 224 words
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567 2011-03-11 13 But Americans have even less confidence in the Republican vision Bloomberg [WASHINGTON] Americans say President Barack Obama lacks an effective strategy for improving the US economy. They have much less confidence in the Republican vision for success. By a margin of 51 per centBloomberg - 567 words
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Advertisement33 2011-03-11 13 > i Wf L t "j z. V > r\ i a r f\ m 5. i i.'/ y// > sr G^CKNTM T RESORTS WORLD SENTOSA PARAGON SHO LUXURY FASHI TEL: 6235 6588 TEL: 6723 801533 words
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MALAYSIA/INDONESIA
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575 2011-03-11 14 PAULINE NG - They expect up to 50% rise due to higher material costs, land scarcity By PAULINE NG in Kuala Lumpur NEW properties launched in the first half of the year will cost 13 per cent more on average owing to higher material costs,575 words
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320 2011-03-11 14 Bloomberg [KUALA LUMPUR] Malaysia’s industrial production rose at the slowest pace in 14 months in January as output by mining companies shrank and manufacturing growth eased. Production at factories, utilities and mines rose one per cent from a year earlier after gaining aBloomberg - 320 words
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243 2011-03-11 14 AFP [JAKARTA] Indonesia said it was scaling back plans to float several state-owned companies on the stock market, and would carry out just one initial public offering (IPO) in 2011. “This year we will launch only one state-owned company in an IPO,”AFP - 243 words
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Article, Illustration398 2011-03-11 14 Bernama [KUALA LUMPUR] Malaysia recorded RM135.3 billion (S$56.7 billion) in errors and omissions (E&O) in its outflow funds for the period 2000 to 2009. Prime Minister Najib Razak said that considering the huge amount of trade transactions with the rest of the worldBernama - 398 words
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Advertisement2144 2011-03-11 14 MATS BUY IT-SELL IT-FIND IT NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg ASA GROUP HOLDINGS LTD (Incorporated in Singapore) (Company Registration No.: *****8258M) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Extraordinary General Meeting of ASA Group Holdings Ltd (“Company”) will be held at 8 Wilkie Road, #03-012,144 words
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Advertisement355 2011-03-11 14 In the Matter of The Companies Act, Cap.50 And In the Matter of INOVIO ASIA PTE. LTD. (In Members’ Voluntary Liquidation) (Co. Reg. No. *****3326C) NOTICE OF FINAL GENERAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Cap. 50, the Final General Meeting of355 words
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Advertisement2172 2011-03-11 15 VOLUNTARY CONDITIONAL CASH OFFER by DBS Bank Ltd. (Company Registration No.: *****0306E) (Incorporated in the Republic of Singapore) for and on behalf of Decorative Arts Holdings Limited (Company Registration No.: *****0) (Incorporated in the Cayman Islands) to acquire all the issued and paid-up ordinary shares in the capital of Passion2,172 words
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Advertisement2388 2011-03-11 15 3.6.5 the Consortium Members, on the one part, shall appoint three directors to the board of the Offeror and Decor Investment, and Homeware Investment, on the other part, shall appoint two directors to the board of the Offeror and Decor Investment. For so long as any Convertible Bonds are outstanding,2,388 words
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GREATER CHINA/INDIA
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Article, Illustration440 2011-03-11 16 But they remain at elevated levels, maintaining case for further tightening Reuters Bloomberg [NEW DELHI] India’s food and fuel inflation eased late last month, but remained at elevated levels, maintaining the case for further monetary tightening to keep a lid on headlineReuters; Bloomberg; REUTERS - 440 words
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580 2011-03-11 16 Reuters [BEIJING] China may be struggling with growing income disparities, yet when it comes to making a fortune, many Chinese still believe that to get rich is glorious, especially if you are an entrepreneur. Thanks to its booming economy now the world’sReuters - 580 words
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Article, Illustration366 2011-03-11 16 AFP [DHARAMSHALA, India] The Dalai Lama announced yesterday his plan to retire as political head of the exiled Tibetan movement, saying the time had come for his replacement by a “freely elected” leader. The Dalai Lama, whose more significant role is as the movement’sAFP; REUTERS - 366 words
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497 2011-03-11 16 US$690m is in govt, corporate debt and the rest in shares Bloomberg [MUMBAI] Finance Minister Pranab Mukherjee’s plan to raise 400 billion rupees (S$11.3 billion) from asset sales to narrow the budget deficit has spurred almost US$1 billion in capital inflowsBloomberg - 497 words
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545 2011-03-11 16 Bloomberg [SHANGHAI] Options traders are more bullish than bearish on Chinese stocks for the first time since 2009, signalling confidence that the government will tame inflation without slowing the economy, according to AlphaShares Inc. The put/call ratio for the iShares FTSE ChinaBloomberg - 545 words
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326 2011-03-11 16 Bloomberg Reuters [SHANGHAI] Saint-Gobain SA, Europe’s biggest supplier of building materials, has shut its La Maison stores here as China’s efforts to curb rising prices dampen demand for home decoration products. “The property market in cities like Shanghai is under great pressure amidBloomberg; Reuters - 326 words
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Advertisement163 2011-03-11 16 CASINO HOTEL FOR SALE Location World famous Fremont Street under the canopy of the Fremont Street Experience in downtown Las Vegas, USA Site Approx. 105,042 sq ft or 2.411 acres of which 68,163 sq ft is owned and remaining area is leased. Property 640 guest rooms including 14 suites 42,000163 words
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WORLD
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Article, Illustration460 2011-03-11 17 Canadian emerges as carmaker’s main risk specialist AP [TOKYO] The executive who wrote Toyota Motor Corp’s “global vision” announced by the president said yesterday that the changes at the carmaker can’t fix all crises but will speed up response to recalls. RealAP - 460 words
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648 2011-03-11 17 ANTHONY ROWLEY - Selling JGB holdings an option but Basel rules that could curb lending a worry B y ANTHONY ROWLEY in Tokyo JAPANESE banks face a double dilemma as they consider stepping up lending outside of a stagnant domestic market and into Asia’s648 words
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374 2011-03-11 17 Firm sees record car sales of over 1.5m this year, boosted by X3, 6-series Bloomberg [BERLIN] Bayerische Motoren Werke AG, the world’s largest maker of luxury vehicles, has said that profit last year surged more than 15-fold, boosted by the revamped BMW 5-SeriesBloomberg - 374 words
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Article, Illustration567 2011-03-11 20 Moody’s move citing bank recapitalisation costs comes on eve of eurozone summit Reuters AFP [BRUSSELS] The eurozone’s debt crisis flared ahead of a summit of the currency bloc as Moody’s yesterday downgraded Spain’s credit rating, bond markets heaped pressure on Portugal to seekReuters; AFP; AP - 567 words
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458 2011-03-11 20 Clearing houses will have to increase their default funds Reuters [LONDON] Global regulators published new rules yesterday to make the world’s financial plumbing safer, but trading in stocks, bonds and derivatives will likely become more expensive as a result. World leaders want moreReuters - 458 words
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516 2011-03-11 20 LATEST US DATA Bloomberg [WASHINGTON] The US trade deficit widened more than forecast in January to the highest level in seven months as a surge in imports led by costlier crude oil overshadowed record exports. The gap in goods and services increased 15Bloomberg - 516 words
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Article, Illustration583 2011-03-11 20 Reuters AFP [PARIS] France recognised the Libyan National Council, a rebel body fighting to oust Muammar Gaddafi, as the legitimate representative of Libya’s people yesterday, the first country to make the move. People near the National Council’s headquarters in Benghazi cheered, honkedReuters; AFP; REUTERS - 583 words
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Article, Illustration452 2011-03-11 21 AP [TOKYO] Sony Corp said yesterday it will reorganise its main electronics businesses and promote the star of its gaming operations to lead a new consumer products division. The massive new consumer group will be led by Kazuo Hirai, a rising executiveAP - 452 words
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Article, Illustration651 2011-03-11 21 News Corp set to win control of BSkyB with £7.5b bid for shares it does not already own AFP [SYDNEY] Australian-born media mogul Rupert Murdoch turns 80 today, but is showing no signs of slowing down as he embarks on what could be theAFP; REUTERS - 651 words
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595 2011-03-11 21 Both firms say their technology offers more vivid images AFP [SEOUL] South Korea’s electronics giants are engaged in rare public mudslinging about whose 3-D television technology is better, as they battle for a greater share of a potentially huge global market.AFP - 595 words
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Advertisement168 2011-03-11 17 SPECTACULAR VIEWS. UNRIVALED LOCATION. REDESIGNED LUXURY. Designed to soothe your senses, the newly refurbished rooms at The Ritz-Carlton, Millenia Singapore are the height of taste, comfort and state-of-the-art technology. With an incomparable location right in the heart of Marina Bay and a short scenic stroll to the Integrated Resort, spectacular168 words
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Advertisement338 2011-03-11 18/19 A match made in heaven. You and of these st 7m -4 m 4 <■ *W K r\ ■EE 2.4L 7-seater SUV At $129,999 Sorento 7-seater (flexible seat arrangements) 3rd row air-con vents Six airbags Maximum 5-star EURO NCAP safety rating 6-speed automatic transmission with sports mode transmission (174ps@6,000rpm) HID338 words
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Advertisement311 2011-03-11 20 10* h 13 ,h MARCH 2011 Suntec Singapore Levels Q, Q, Q, Q 0 12 noon 9 pm Daily FREE ADMISSION I.T DIGITAL MOBILE CONSUMER ELECTRONICS EXHIBITION IN SINGAPORE WORTH WAITING FOR 7Z& 4 DAYS Plus Win 1st Prize Of S$20,000 CASH And Other Cash Prizes (One coupon for every311 words
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Advertisement33 2011-03-11 21 Marketing Agents: L*****02F DST International Property Services Pte Ltd 3 Shenton Way #10-08 Shenton House, Singapore *****5 Tel: (65) 6223 9119 Fax: (65) 6225 3165 Email: sales@dstproperty.com Web: www.dstproperty.com Business Registration No.: *****6396N33 words
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EDITORIAL & OPINION
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Article468 2011-03-11 22 EDITORIAL IN Parliament this week, Education Minister Ng Eng Hen presented an impressive report card demonstrating the continuing commitment to improving Singapore’s education system. Given the substantial levels, and the wide range, of new investments in education, it would seem almost churlish to ask why. Isn’t it468 words
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Article, Illustration756 2011-03-11 22 FRANK CHING - THE BOTTOM LINE FRANK CHING The writer is a Hong Kong-based journalist and commentator. Follow him on Twitter @FrankChing1 QUIETLY, almost imperceptibly, China’s global influence has increased vastly in recent years while the United States observed uneasily from the sidelines. Now,756 words
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Article, Illustration871 2011-03-11 22 FABRICE DESMARESCAUX - The region is becoming increasingly self-sustaining in terms of leadership talent By FABRICE DESMARESCAUX The writer is a senior director in the Singapore office of global executive search firm Spencer Stuart THE World Bank forecasts that Asia will account for roughly halfXINHUA - 871 words
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Article, Illustration1393 2011-03-11 23 RAGHURAM G RAJAN - Global economic stability will emerge when governments move to more sustainable domestic policy agendas By RAGHURAM G RAJAN LAST November, the US Federal Reserve embarked on a second round of a type of monetary stimulus known as quantitative easing. The central bank declared that itREUTERS - 1,393 words
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LETTERS TO THE EDITOR
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857 2011-03-11 23 Mak Yuen Teen - Mak Yuen Teen Associate professor NUS Business School I REFER to the editorial “Boardrooms should not be male bastions” (BT, March 10). As the editorial correctly points out, while women in many countries still face considerable disadvantages, they have made enormous socio-eco-nomic857 words
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384 2011-03-11 23 Wayne Tollemache - Wayne Tollemache Executive managing director (international) First Advantage I REFER to recent media reports about insurance agents and advisers using and displaying bogus credentials to showcase themselves as accredited finance professionals. A factor that has given rise to this trend has been the384 words
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AVIATION/SHIPPING
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378 2011-03-11 24 Reuters [LONDON] Over a hundred vessels including dozens of tankers loaded with crude oil and refined products were stuck in ice at Russian ports on Wednesday, as authorities struggled against the worst conditions since 2003. Delays affecting three portsReuters - 378 words
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Article, Illustration391 2011-03-11 24 VEN SREENIVASAN - Comac finds buyers among mainland’s four major carriers, and leasing firms By VEN SREENIVASAN CHINA is poised to take on “big boys” Airbus and Boeing in the narrow-body jet segment with the launch of its own version of a 150-170 seater jet withinXINHUA - 391 words
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286 2011-03-11 24 Bernama [KUALA LUMPUR] Cathay Pacific Airways Ltd, Hong Kong’s leading airline, aims to introduce new destinations and increase flight frequency mostly to Malaysia this year. Country manager for Malaysia and Brunei Mandy Wu said that Malaysia was a market with high potential,Bernama - 286 words
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Article278 2011-03-11 24 SGX '000 Mar 10 S$ +/-Vol CH Offshore 0.46 -0.02 16 Chuan Hup Hldg 0.24 0.01 60 Cosco Corp 1.99 -0.01 9857 CWT Ltd 1.20 -0.01 1376 Ezra Hldgs 1.74 -0.03 4223 First Ship Lea 0.42 -0.01 200 Freight Links 0.07 0.01 400 Grand Banks unch unch 0278 words
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436 2011-03-11 24 Reuters [SINGAPORE] Rates for panamax dry bulk carriers on key Asian freight routes are expected to rise to fresh three-month highs on strong regional demand for South American grain shipments. For the capesize market, rates are also seen rising as shipowners look toReuters - 436 words
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204 2011-03-11 24 Reuters [LONDON] Britain’s leading ship broker Clarkson plc reported a better-than-expected profit, driven by a recovery in dry bulk volumes and said it gained from higher trading volumes in the first few weeks of 2011 despite volatile freight rates. Freight rates are expectedReuters - 204 words
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Article3298 2011-03-11 24 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi SQ455 1230 KU6458 1425 SQ458 1425 Adelaide LH9771 1745 LH9770 2350 SQ278 1745 SQ279 2350 VS7278 1745 VS7279 2350 9W4081 1830 AF8087 1830 BA7381 1830 JL5084 1830 MU8213 1830 QF81 1830 Ahmedabad NH6292 1850 SQ530 1850 Amsterdam LO4031 06053,298 words
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Page 24 Advertisements
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Advertisement116 2011-03-11 24 ASIA–WESTAFRICATRADEAGREEMENT(AWATA) Notice for General Rate Increase (GRI) In order to ensure that the Members Lines are able to continue to provide the service necessary to meet the needs of their customers, the Members Lines of the Asia West Africa Trade Agreement (AWATA) have decided to implement the following general rate116 words
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SINGAPORE STOCKS
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Article8377 2011-03-11 25 Transaction date: Mar 10 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 21 14.5 8Telecom 17.5 17 17.5 7.8 3.5 3.7 83.8 12 4.5 A-Sonic 7 unch 163 7 6.5 6.5 78,377 words
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Article1586 2011-03-11 26 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 7 4 t AA Grp 4.5 4 5 21.4 4.3 225 130 t APStrategic 169 unch 10 169 160 163 170 100.3 1.5 0.51,586 words
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Article9600 2011-03-11 26 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.35/ APS Alpha Fund (USD)!** 1.07/ APS Alpha Fund Cl B SGD!** 1.2/ APS Alpha Fund Cl B USD!** 0.89/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt S'pore Pte Ltd AXA WM9,600 words
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Article234 2011-03-11 26 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 56 38 AVJennings A53cd 51.5 55 3.6 6.6 4.2 138 55 16 Genting HK US$ US40.5 -1 ***** 41 40 40.5 41 2666.7 21 8 Over&Gen A14234 words
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Article855 2011-03-11 26 52-Wk Last Vol Day Last Quote Div Gr Yld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 124 108 ABF SG Bond ETF 111.8 +0.3 5 111.8 111.8 111.7 113 510.3 1070 761 CIMBAsean40 100US$ US1038 +17 53 1038 1024 1038 1038855 words
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FINANCE & COMMODITIES
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374 2011-03-11 27 In local curr In S$ In US$ dy yr dy yr dy yr Mar 9 Index Change Change Change Change Change Change World Index Preliminary 930.5 -0.3 3.7 -0.3 3.4 -0.2 4.6 EAFE Preliminary 821.4 -0.2 2.6 -0.1 3.1 0.0 4.2 Europe Preliminary 1195.5 -0.4374 words
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Article124 2011-03-11 27 Mar 10 As at 9am Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.323 1.249 Can dollar 1.333 1.282 Euro 1.797 1.728 Sterling pound 2.093 2.013 NZ dollar 0.96 0.915 US dollar 1.286 1.237 Local dollars to 100 units of foreign124 words
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Article29 2011-03-11 27 Mar 10 Mar 10 Open High Sett STI Mar 3070 SIMSCI Mar 364.9 366 362.6 Taiwan Mar 313.1 313.9 307.2 Source: MF Global (S) Pte. Ltd29 words
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Article179 2011-03-11 27 Mar 10 Mar 10 $S Offer Bid 0vernight 0.02 0.01 1-month 5/16 1/16 2-months 3/8 1/8 3-months 7/16 3/16 Overnight mode: 0.01 US$ 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 0.58 0.48 9 months 0.80179 words
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Article23 2011-03-11 27 Mar 10 S$ S$ Bid Offer 1-month 1.2707 1.2718 2-months 1.2706 1.2716 3-months 1.2704 1.2715 6-months 1.2699 1.2710 Source: OCBC23 words
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Article155 2011-03-11 27 Mar 10 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Apr 11 526.0 513.0 518.0 84 May 11 527.0 522.0 522.0 34 Jun 11 525.0 525.0 525.0 50 Jul 11 519.0 Aug 11 519.0 Sep 11 513.0 512.0 513.0155 words
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Article81 2011-03-11 27 Mar 10 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****X 09.06.2011 0.31 1-Year BY*****N 01.11.2011 0.39 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0V 1.625 01.04.2013 102.52 102.58 102.55 5-Year N*****0S 2.875 01.07.2015 107.72 107.77 107.7281 words
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Article107 2011-03-11 27 Mar 9 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Mar 11 1344.00 1375.50 1377.50 1343.00 May 11 1349.00 1382.00 1383.75 1347.25 Jul 11 1357.25 1390.00 1390.75 1355.00 Aug 11 1350.75 1380.25 1379.50 1347.00 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Mar 11 56.67107 words
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Article77 2011-03-11 27 CRUDE OIL PRODUCTS Mar 9 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 115.66 2.02 WTI (Near Mth) 104.09 -0.87 Dubai (1-Mth F) 108.47 -1.23 Tapis blend 118.16 -1.46 Minas 114.16 -1.26 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 108.28 unch Jet Kerosene 129.40 -1.25 US$/barrel Opec Oil77 words
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2531 2011-03-11 27 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left AFP Properties EW*****8 22 -2 415 1 10 -11 1.64 56 Asia-Pacific Strategic W*****6 30.5 3 2 1 150 7 5.54 38 ASJ Hldgs W*****1 1.5 1 4 22 3.00 112,531 words
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Article464 2011-03-11 27 Mar 10 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.973 6.602 0.726 7.823 45.337 88.169 0.831 11.277 3.050 1.365 85.714 43.670 1.277 6.928 0.937 29.601 30.471 0.622 1.004 Canada 1.027 6.782464 words
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Article81 2011-03-11 27 Mar 9 COCOA (£/tonne) Close Prev High/Low Mar 11 2254 2320 2301/2247 May 11 2259 2320 2309/2250 Jul 11 2238 2278 2286/2228 Sep 11 2222 2259 2270/2211 COFFEE (US$/tonne) Close Pev High/Low Mar 11 2481 2420 2520/2447 May 11 2557 2462 2586/2475 Jul 11 2492 2473 2543/2480 Sep 1181 words
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Article85 2011-03-11 27 Mar 10 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 0.***** 0.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths85 words
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Article154 2011-03-11 27 Mar 10 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2760 1.2774 1.0040 1.0043 Canadian dollar 1.3109 1.3120 1.0315 1.0316 Euro 1.7575 1.7590 1.3829 1.3830 NZ dollar 0.9345 0.9359 0.7353 0.7358 Sterling pound 2.0524 2.0546 1.6149 1.6154154 words
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Article141 2011-03-11 27 Mar 10 GOLD (US$/oz) Mar 10 Mar 09 Hong Kong 1426.50 1426.00 Mar 09 Mar 08 London 1428.35 1428.52 1429.15 1429.29 Source: Thomson Reuters Source: Reuters CAST BAR Mar 10 (S$) Selling Buying Kilobar "62,470.88" ***** PAMP GOLD BARS (S$) Selling Buying 1gm 140 58 5gm 397 291141 words
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Article69 2011-03-11 27 Mar 9 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2544.25 2561.25 3 months 2579.00 2596.00 Copper, Grade A (US$/tonne) Cash 9257.00 9518.00 3 months 9275.00 9530.00 Lead (US$/tonne) Cash 2493.00 2600.75 3 months 2480.00 2590.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.0069 words
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Article67 2011-03-11 27 Mar 10 Mar 10 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Mar 11 3565 3515 3568 3508 266 1410 Apr 11 3542 3485 3550 3480 1415 ***** May 11 3519 3459 3532 3441 ***** ***** Jun 1167 words
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Article470 2011-03-11 27 Mar 10 OP/INT OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Mar11 99.6875 0 4827 Jun11 99.6350 0 2107 Sep11 99.5450 0 4014 Dec11 99.4000 0 3470 EUROYEN TIBOR FUTURES Mar11 99.6600 99.6600 99.6600 99.6600 0 6302 Jun11 99.6525 99.6525 99.6525 99.6525 0 1563 Sep11 99.6450 0470 words
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5883 2011-03-11 28 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 COMMODORE5,883 words
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Page 28 Advertisements
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Advertisement11 2011-03-11 28 To All Shipping Advertisers: Please call Joe Wong at 9620 132711 words
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Advertisement59 2011-03-11 29 Experienced sh/p maintenance services wanted. Can they find your services here in the Shipping Times? THE BUSINESS TIMES TO ADVERTISE, CALL JOE WONG AT 9620 1327 THE BUSINESS TIMES SHIPPING TIMES r FREIGHT FORWARDER urgently needed by shippers 1 Can they find your here in the Shipping Times? THE BUSINESS59 words
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Advertisement18 2011-03-11 29 USE THIS SPACE TO SELL CALL JOE WONG AT 9620 1327 TO ADVERTISE THE BUSINESS TIMES SHIPPING TIMES18 words
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Page 30 Advertisements
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Advertisement183 2011-03-11 30 V J I I I WINE DINE AND HOSPITALITY m v. ifl? AN INAGIKU GRAND TOUR A journey from the sea of Japan to Kyoto's foothills of heirloom yasai (vegetables) Grand Tour Tasting Menu 180 per set Includes sashimi, sushi, teppanyaki, tempura and dessert. Tempura, Sushi or Teppanyaki Only Tasting183 words
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executive lifestyle
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BOOKS
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Article, Illustration1126 2011-03-11 30 MICHAEL RUHLMAN - ‘Molecular cuisine’ is now called Modernist Cuisine, according to a weighty 18-kg tome by the former chief technology officer of Microsoft Corp and food geek Nathan Myhrvold, reports MICHAEL RUHLMAN NYT DESCENDING this week on the culinary scene like a meteor, Modernist Cuisine: The Art and ScienceNYT; BLOOMBERG - 1,126 words
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PURSUITS/ARTS
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Article, Illustration668 2011-03-11 31 CLARISSA TAN - Ivan Heng walks in Emily’s beaded shoes with nary a mince, writes CLARISSA TAN ONE must take care not to sprinkle too many superlatives in a review, especially given our current obsession to be “worldclass”, as though nothing we do has any meaning unless it meetsWILD RICE PROCDUCTIONS - 668 words
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Article, Illustration1202 2011-03-11 31 N K YONG - WINE By N K YONG THE Union des Grands Crus Bordeaux presentation of Bordeaux 2008 in Singapore early this week was an opportunity to taste the 2008s again, this time in bottle. I had tasted some but not all of them from cask in late 2009. These1,202 words
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Article, Illustration549 2011-03-11 31 LEE U-WEN - By LEE U-WEN IT’S not often that theatre-goers are completely blown away by a play’s opening sequence, rather than the grand finale itself. The first five minutes of The Lion King musical was all it took for the cast to have the audience eating outXINHUA - 549 words
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Article, Illustration499 2011-03-11 31 CHRISTOPHER LIM - GAMING PREVIEW By CHRISTOPHER LIM THE graveyard of games that never reached commercial release is littered with stillborn corpses. Up to recently, it was dominated by a mausoleum for Duke Nukem Forever, which has infamously languished in development hell for 14 years. The wait499 words
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ARTS
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AROUNDTOWN
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Article, Illustration122 2011-03-11 32 THE Comedy Club Asia presents Steve Harris (Britain), Susan Murray (Britain) Jacques Barrett (Australia) this weekend at three venues: DBS Arts Centre (8.30pm, March 11), StereoLab (7.30pm, March 12) and The Hollandse Club (8.30pm, March 12). Having been at it since 1998, Harris headlines122 words
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Article196 2011-03-11 32 Galerie Sogan Art presents its first woodcut printmaking exhibition Circus: The Greatest Show on Art, featuring two award-winning Indonesian artists, AC Andre Tanama and Irwanto Lentho. Twelve monoprints, along with several original woodcuts and three-dimensional woodcut objects will be shown in this third series of the gallery’s Beyond196 words
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Article, Illustration196 2011-03-11 32 CHEAH UI-HOON - Compiled by CHEAH UI-HOON Singapore Repertory Theatre brings back The Ugly Duckling, which is a retelling of Hans Christian Andersen’s classic story about a little duckling who looks dif- ferent. This is an inspirational adaptation of the children’s classic about being the odd one196 words
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Article, Illustration865 2011-03-11 32 CLARISSA TAN - This year’s Singapore Biennale promises to be expansive and engaging, with curated works not tailor-made for the show, says CLARISSA TAN A WHOLE lot of work has gone into this year’s Singapore Biennale, especially construction work, with huge edifices being built, rooms furnished, refrigerators dragged in, walls865 words
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Article, Illustration423 2011-03-11 32 CLARISSA TAN - By CLARISSA TAN THERE’S been a buzz not to mention a hammering and sawing around the Merlion statue that spouts its water into Marina Bay. We probably don’t need to tell you that Japanese installation artist Tatzu Nishi is building a five-star hotel room round the423 words
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Article, Illustration753 2011-03-11 32 GEOFFREY EU - By GEOFFREY EU TAKING photographs of beautiful creatures is all in a day’s work for Raphael Mazzucco, whose expressive, evocative pictures of perfectly proportioned supermodels wearing swimsuits (and much less) in exotic locales around the world havemade him one ofthe planet’s most sought-after photographers. What really moves him,PHOTOS: YEN MENG JIIN - 753 words
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FESTIVALS AROUND THE WORLD
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Article, Illustration1007 2011-03-11 33 DEBBIE YONG - Although relatively muted compared to the past, Beijing’s Lantern Festival still packs in a rowdy crowd, says DEBBIE YONG Brought to you by Ascott WHAT brings light and warmth to those around it while quietly burning on the inside and crying on the outside? All across China,Brought to you by Ascott; AFP; FILE PHOTO; REUTERS, AFP - 1,007 words
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MUSIC
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Article, Illustration591 2011-03-11 34 DYLAN TAN - Elvis Costello and Michael Buble can make hearts melt and tears flow with just a closely miked ballad, reviews DYLAN TAN WHEN Elvis Costello hits the road again for another tour in two months, he will be reviving a gimmick he first used 25 years ago. With a591 words
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Article, Illustration551 2011-03-11 34 CHRISTOPHER LIM - By CHRISTOPHER LIM NIETZSCHE’S maxim about being made stronger by whatever doesn’t kill you easily applies to JJ Lin, whose sold-out concert last Saturday surpassed his last gig here in 2009 in most ways. Eight thousand screaming fans at the Indoor Stadium certainly sounded like theyPHOTO: UNUSUAL ENTERTAINMENT - 551 words
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Article, Illustration562 2011-03-11 34 CHRISTOPHER LIM - By CHRISTOPHER LIM ONE would have been forgiven for expecting Carlos Santana’s Indoor Stadium gig on Monday to be a predictable affair of Latin rock crowd-pleasers, but the veteran and his band threw a few surprises into the mix, which reminded everyone that he’sAP - 562 words
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Article, Illustration431 2011-03-11 34 CHRISTOPHER LIM - CD REVIEWS By CHRISTOPHER LIM THE great thing about the Mosaic Music Festival is its stylistic breadth. But choosing a gig can be a leap of faith. Check out the latest albums by these Mosaic artists so that you have an idea what431 words
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CINEMA
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Article, Illustration633 2011-03-11 35 GEOFFREY EU - By GEOFFREY EU IT USED to be that Westerns were box-office anathema, a once-beloved genre ignored by movie studios, mod-ern-day audiences and any film-mak-er not named Coen. Now, however, there’s a new gunslinger in town and his name is Rango. On paper, an animated Western starring aPARAMOUNT PICTURES, INDUSTRIAL LIGHT & MAGIC - 633 words
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Article, Illustration384 2011-03-11 35 CHRISTOPHER LIM - DVD REVIEW By CHRISTOPHER LIM THERE have been enough romantic comedies about promiscuity lately such as No Strings Attached, Love And Other Drugs and the upcoming Friends With Benefits that the first thing one should know about Easy A is that it isn’t about sleeping384 words
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Article, Illustration602 2011-03-11 35 DYLAN TAN - Fairy dust from Twilight makes Red Riding Hood’s bedtime yarn a yawn as it could have been sexed up more, reviews DYLAN TAN TWILIGHT director Catherine Hardwicke has made female teenage angst a speciality in all her movies and in her re-imagin-ing of a favourite children’s bedtime story,PHOTOS: WARNER BROS, REUTERS - 602 words
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564 2011-03-11 36 Jaime Ee - OFF THE CUFF Jaime Ee KITE-flying has been in the news of late, and it seems to have aroused quite a bit of interest, partly for the following reasons: *It had previously been thought that kites were extinct, like ku-ti-kuti and pick-up564 words
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Article, Illustration1513 2011-03-11 36 DYLAN TAN - The arrival of a multi-million dollar Broadway musical is set to be a potential game-changer for live entertainment here as it looks to further boost tourist arrivals, lure talent and grow the scene for the future, reports DYLAN TAN THE stage is set as Disney’s highest-grossing Broadway musical1,513 words
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Page 32 Advertisements
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Advertisement56 2011-03-11 32 Highly valued “soft gold” Huanghuali for viewing The premium quality Huanghuali fine furniture highly-sought by connoisseurs around the world, together with some of the most beautiful collections of Ming-style classics in zitan, jumu, camphor, lacquer etc… are available here. House of Huanghuali Blk 1001 #01-08/10 Jalan Bukit Merah Singapore *****556 words
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Advertisement184 2011-03-11 33 CITADINES KARASUMA-GOJO KYOTO NOW IN THE HEART OF THE CITY RATES STARTING |DV4 A 1 14,000 Enjoy comfort and chic city-living at Citadines Karasuma-Gojo Kyoto. Located at a prime address near the Gojo subway station, business district, entertainment belt and a vast number of world heritage sites, Citadines Karasuma-Gojo indulges184 words
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Advertisement7 2011-03-11 35 LOG ON TO WWW.RA8IB913.COM ICR MORE RETAILS7 words
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Advertisement32 2011-03-11 35 A KING IN OUR MIDST Kerala raja lives in East Coast and just turned 100 NO HURDLE’S TOO HIGH FOR DIPNA GET YOUR COPY TODAY FROM ALL 7-ELEVEN OUTLETS (WHILE STOCKS LAST)32 words
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Page 35 Miscellaneous
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Miscellaneous348 2011-03-11 35 CRYPTIC CROSSWORD Across 1 The French FBI agent is one doing the donkey work (3-3) 4 Blade runner mixed up in Ikea sect(3,5) 10 A hunger it dealt with having more sauce (9) 11 Cardinal was prime minister once (5) 12 Stick on gallows, up there is a difficult situation348 words
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Advertisement9 2011-03-11 36 ARTS Singapore Biennale a triumph of curation PAGE 329 words
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