The Business Times, 18 March 2011

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Microfilm: NL31286
Total Pages: 32
1 32 The Business Times
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  • Title Section
    Lock icon Masthead
    25 1 THE BUSINESS TIMES S$1 .00 online at http://www.businesstimes.com.sg A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 138/08/2010 Friday, March 18,2011 *****1 *****4
    25 words
  • Article, Illustration
    Lock icon Fault lines open up in yen currency trade
    554 1  -  Conflicting forces in wake of crisis take volatility and yen’s value to new levels By EMILYN YAP [SINGAPORE] The yen continued its five-day surge against the greenback yesterday, soaring to a record 76.59 yen per US dollar in the morning before falling
    Source: Bloomberg  -  554 words
  • Article, Illustration
    Lock icon Water cannons, choppers fight to quell meltdown
    823 1  -  Operation to cool reactors gets more frenzied; US says situation is more serious than acknowledged By in ANTHONY ROWLEY in Tokyo IT WAS still touch and go as of last night as to whether Japan can avert a fullscale nuclear catastrophe from erupting
    AFP/YOMIURI SHIMBUN  -  823 words
  • Article
    Lock icon MARKETS DIGEST
    141 1 HST INDEX 2,942.88 (-28.12) HST INDEX FUTURES 2,943 (-28) HSIMSCI 346.49 (-3.95) HSIMSCI FUTURES 346.20 (-5.20) FOREX US$ S$ US$ (S$ per US$) 1.281 (US$/S$ per 1.606 2.057 EURO (US$/S$/E) 1.396 1.789 Foreign currency per US$ S$ YEN 79.10 61.80 RM 3.056 2.385 HK$ 7.802 6.090 BAHT 30.34
    141 words
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  • TOP STORIES
    • Article
      Lock icon THREE-MINUTE DIGEST
      328 2 Fault lines open up in yen trade THE yen continued its five-day surge against the greenback yesterday, soaring to a record 76.59 yen per dollar in the morning before falling slightly to 78.58 yen at 7 pm. Volatility is likely to be the name of the game ahead.
      328 words
    • Article
      Lock icon Correction
      44 2 IN the report “Fastube proposes $146m reverse takeover deal” (BT, March 17), we said that the controlling shareholders of Fastube would acquire Atlantic Navigation Holdings Inc. This is incorrect. It is Fastube that will acquire Atlantic Navigation. We are sorry for the error.
      44 words
    • Article, Illustration
      Lock icon Alpha, Income closing in on Capital Square
      567 2  -  Tie-up carrying out due diligence; price expected to top $2,300 psf By KALPANA RASHIWALA [SINGAPORE] A mega office transaction is expected to be sealed soon. A joint venture between NTUC Income and a fund managed by Alpha Investment Partners is said to be
      FILE PHOTO  -  567 words
    • Article
      Lock icon Exports rise less than expected in Feb
      526 2  -  By CHUANG PECK MING [SINGAPORE] The Republic’s non-oil domestic exports growth was lower than expected in February and it’s tipped to stay low for a while because of the fallout of the recent earthquake that hit Japan, a key supplier and major market.
      526 words
    • Article
      Lock icon Capital flight puts Bahrain’s currency under pressure
      601 4 Immediate risk to peg small; other Gulf countries could offer support if needed Reuters [DUBAI] Capital flight from Bahrain is starting to pressure its currency and threaten its position as a Gulf financial centre, though it looks likely to avoid a full-blown currency
      Reuters  -  601 words
    • Article
      Lock icon Japan giants get helping hand from S’pore units
      793 4  -  Along with backing HQ task forces, they are raising funds for relief efforts as well JAPAN QUAKE FALLOUT By CHEN HUIFEN, FELDA CHAY [SINGAPORE] The Singapore units of major Japanese companies are gearing up to lend a hand in this hour of
      793 words
    • Article, Illustration
      Lock icon S’poreans advised to leave areas near Fukushima
      366 4  -  By NISHA RAMCHANDANI [SINGAPORE] The Ministry of Foreign Affairs (MFA) continues to advise against non-essential travel to Japan and recommends that Singaporeans in the Fukushima and Miyagi prefectures evacuate the area immediately. Those in prefectures near Fukushima such as Yamagata and Niigata, as
      AP  -  366 words
    • Article, Illustration
      Lock icon Lessons for a shaken Asia, says ADB chief
      663 4  -  By ANTHONY ROWLEY in Tokyo ASIA must strengthen its systems for responding to natural disasters and find ways to prevent vital crossborder production networks from being disrupted by events such as those that are crippling Japanese production, Asian Development Bank (ADB) president
      AFP  -  663 words
    • Article
      Lock icon Japan unlikely to sell off US Treasuries to finance rebuilding: economists
      729 4  -  By MALMINDERJIT SINGH [SINGAPORE] Fears that Japan may sell some of its foreign holdings, particularly US Treasuries, to finance its rebuilding efforts from the natural disasters that hit it last week, are unfounded. “There is a lot of fear
      729 words
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      165 2 Ready For Home Entertainment That's LARGER Than Life? D iPhone Parrot A Wireless Stereo System $2688 designedbyPhilippeStarck UP $2999 Since our inception in 1998, we have commissioned over 7000 residential and commercial projects, from luxury yacht to 60-seat private theatre room, conference hall's sound reinforcement to 'live' band set up.
      165 words
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      410 2 Main Organiser Session Sponsor m8fmJ\xm8DJPl7d\trm8Jc v=xm8dxx lPPl7A=8mAmdx m8 Ard A7mBJAd7JB 7dBJAml8xrmP SICCI BIENNIAL CONFERENCE 2011 Guest-of-Honour Mr S Iswaran Senior Minister of State Ministry of Trade and Industry, and <9y9V6I_ i] dsHLuwiye x9y[uMiIq xHy6qL tiypqywiy d‘?9N9wiy tqy6Iq x9y[uMiIq <iysu_e T: <uIL? TXUU A?q x9y[uMiIq mys9uy t?uzNqI i] tizzqILq uys mysHV6I_
      410 words
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      175 3 There may be no word in the English language to describe it. The new Citroen C5 strikes the perfect balance of both performance and luxury of a Category B continental car. Fitted with the award-winning 1.6 THP engine, it demonstrates lively acceleration with increased torque. However, its newfound power comes
      175 words
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      344 5 Discover a new dimension of fine living Experience the full splendour of life. A new paradigm of fine living on the celebrated East Coast, Silversea Elan opens up a sea of luxuries. At the peak of perfection, exquisite finishes and fittings create a residence of unparalleled sophistication. The collection includes
      344 words
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  • COMPANY NEWS
    • Article
      Lock icon Airlines re-route Tokyo flights
      405 6  -  Some relocate crew; SIA defers using A380s on its services to LA via Narita By VEN SREENIVASAN GLOBAL carriers operating to Japan have been monitoring developments closely and adjusting capacities and schedules accordingly. Several have also moved their crew bases away from Tokyo amid continuing aftershocks
      405 words
    • Article, Illustration
      Lock icon Hutchison Port may make weak debut
      509 6 Analysts say fears of Japan’s N-crisis are spooking markets Reuters [SINGAPORE] Hong Kong billionaire Li Ka Shing’s Hutchison Port Holdings Trust’s US$5.5 billion initial public offering is expected to make a weak debut in Singapore today, as ongoing concerns about Japan’s nuclear crisis spook
      Reuters  -  509 words
    • Article
      Lock icon Wall Street safe, but rising oil still a threat
      736 6  -  COMMENTARY By R SIVANITHY YESTERDAY’S losses in regional stocks was in some part due to Wednesday’s slide on Wall Street where the major indices lost 2-3 per cent because of worries over the impact to the financial markets from Japan’s tragedies
      736 words
    • Article
      Lock icon Biting off more than one can chew?
      765 7  -  HOCK LOCK SIEW By MICHELLE TAN WITHthequarterlybatch of company results due soon, the impact of various acquisition “strategies” carried out by companies recently might come to light. Taking a walk back in time, one can probably envision the potential scenarios that could play
      765 words
    • Article
      Lock icon XMH 9-month profit up 5.2% at $11.2m
      310 7  -  Little disruption expected from likely delays by Japan vendors By MINDY TAN THE chairman and chief executive of XMH Holdings, Elvin Tan Tin Yeow, expects minimal disruption to business despite likely delays from its vendors Mitsubishi Heavy Industries (MHI) and MHI Engine System
      310 words
    • Article, Illustration
      Lock icon OCBC’S NEW OUTLET AT MBS
      92 7 OCBC Bank yesterday announced the official opening of its 15th premier centre at Marina Bay Sands (MBS). To commemorate the opening of the MBS premier centre, well-known businessman and avid photographer Kwek Leng Joo was invited to share one of his favourite photographs with OCBC
      92 words
    • Article
      Lock icon Japan Land loses suit over JDD’s unsecured creditors
      637 9  -  Lawsuit sought to get reprieve for unsecured creditors of the data centre By GRACE LEONG THE former owner of Jurong Data Centre Development (JDD), one of Singapore’s largest data centres, has lost a lawsuit to get reprieve for unsecured creditors of the
      637 words
    • Article
      Lock icon Boustead to build R&D centre for Continental Automotive
      345 9  -  By JERMAINE NG BOUSTEAD Singapore, through Boustead Projects, has won a contract to design, build and lease to Continental Automotive Singapore an advanced research development and technology centre. The seven-storey centre will be built to cater specifically to R&D and product development
      345 words
    • Article
      Lock icon Citi picks OCBC as a ‘top gun’ S’pore bank
      541 9  -  DBS seen as a ‘dark horse’ in report on Asean banks By KELLY TAY CITIBANK yesterday released its latest Asean banks report, titled Top Guns and Dark Horses, which focuses on stocks to watch in Indonesia, Malaysia, Singapore and Thailand. The
      541 words
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      2707 6 MATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg IN THE HIGH COURT OF THE REPUBLIC OF SINGAPORE CWU OS No. 29 of 2011 /N In the Matter of THE COMPANIES ACT (CAP. 50) And In the Matter of ALTUS TECHNOLOGIES PTE LTD (UNDER JUDICIAL MANAGEMENT) (RC No. *****1768G) Between TAY SWEE
      2,707 words
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      280 6 In The Matter Of The Companies Act, Cap. 50 And In The Matter Of 1) ADVENTURE LEARNING CHANNEL PTE LTD Company Reg. No. *****9430Z 2) ADVENTURE LEARNING CHANNEL WORLDWIDE LIMITED Company Reg. No. *****6902M (In Creditors’ Voluntary Liquidation) Notice of Resolution At an Extraordinary General Meeting of the members of
      280 words
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      34 7 A. ('< <rv h 'V ■-CJKKS s i -.I KS mk 'W I-S5 >.-••' V«SW5» TFI V •V 5 ••>:,.••. T >•-' 5; <■ '•C 4 X-,-' > PcXaa5L SvwJtl^. 02-24 HILTON HOTEL, SINGAPORE LEVEL 2 ISETAN ORCHARD, SINGAPORE WWW.PAULSMITH.CO.UK
      34 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Stocks come under pressure again
      607 8  -  Wednesday’s rise turns out to be transient in the face of Japan’s nuclear problems STOCKS R SIVANITHY Senior Correspondent WEDNESDAY’Sbounce proved short-lived and was in all likelihood largely thanks to short-covering. As such, yesterday saw a resumption of selling pressure because of Japan’s nuclear problems
      Source: Bloomberg  -  607 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 8 DAILY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      64 8 Mar 17 VALUE CLOSE BT OB/OS -859.00-349.00 BT CADI -*****.00-226.00 BT 10-day MA -*****.00 -85.00 FTSE ST Mid Cap 725.91 -11.80 FTSE ST Small Cap 517.34 -6.21 FTSE ST All Share 725.28 -7.80 FTSE ST China Top 255.73 -4.55 FTSE ST China 285.69 -5.87 FTSE ST Catalist
      64 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      55 8 VOLUME Noble Grp 82,736,000 Genting SP 75,008,000 Golden Agri 53,646,000 SingTel 41,667,000 NexGenSCom 30,947,000 *Genting HK US$ 23,210,000 Dyna-Mac 22,181,000 Memstar 20,947,000 Yangzijiang 20,433,000 GLP 19,590,000 VALUE($) Noble Grp 168,326,110 Genting SP 141,135,530 SingTel 119,333,540 DBS Grp 65,769,320 Wilmar 52,216,120 Keppel Corp 47,714,994 CapitaLand 44,650,930 SembMar 42,062,670
      55 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 8 MAIN SDQ TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 0 12 3 0 0 0 0 12 3 Manufacturing 20 87 63 1 6 7 21 93 70 Commerce 11 24 17 1 4 7 12 28 24 Tpt/Stor/Comms 9 30 6
      186 words
    • BROKERS’ TAKE
      • Article, Illustration
        Lock icon Noble Group
        273 8 March 17 close: $2.07 DBS Group Research, March 17 WE REITERATE our positive view of Noble. We expect 2011 earnings growth to come from agriculture and energy: Berau contribution, higher Gloucester Coal (GCL) volumes, contributions from existing and soon-to-be acquired sugar refineries, oil and gas ramp-up, and a
        Source: Bloomberg  -  273 words
      • Article, Illustration
        Lock icon Keppel Land
        448 8  -  March 17 close: $4.12 OCBC Investment Research, March 17 Compiled by CONRAD TAN HDB announced on Tuesday that Keppel Land had put in the highest bid for the land parcel at Sengkang Square at $287 million or $502 per square foot per plot ratio (psf ppr). The site
        Source: Bloomberg  -  448 words
      • Article
        Lock icon Glossary:
        137 8 Ebit earnings before interest and tax Ebitda earnings before interest, tax, depreciation and amortisation EPS earnings per share FY fiscal/financial year H1, H2 first or second half m-o-m month on month NAV net asset value 9M nine months P/B price/book value (ratio) PE price/earnings (ratio) Q1, Q2, Q3 first,
        137 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      119 8 TURNOVER (‘000) VALUE (‘000) MAIN SDQ TOTAL MAIN SDQ TOTAL Multi Ind 18,376 18,376 77,596 77,596 Manufacturing 240,186 8,700 248,886 248,224 455 248,679 Commerce 142,168 5,861 148,029 222,189 1,290 223,479 Tpt/Stor/Comms 136,287 3,509 139,796 265,764 418 266,181 Finance 23,924 23,924 157,981 157,981 Construction 14,167 2,230 16,397 3,214
      119 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      114 8 Stock name Close Change CapMallsAsia 1.690 +0.060 CapitaLand 3.110 -0.050 CapitaMall 1.730 -0.040 CityDev 10.340 -0.220 ComfortDelGro 1.500 -0.010 DBS Grp 14.040 -0.040 F&N 5.280 -0.140 Genting SP 1.880 -0.030 Golden Agri 0.640 -0.010 HK Land 6.460 -0.190 JMH 46.000 +0.800 JSH 27.240 +0.240 Jardine C&C
      114 words
    • Article, Illustration
      Lock icon Yen strikes post-war high against dollar
      469 8 CURRENCIES AFP [SINGAPORE] The Japanese yen hit a post-World War II high against the US dollar in Asia yesterday on fears over a stricken nuclear plant in Japan, while the Group of Seven (G-7) was set to hold talks on the economic impact of
      AFP; BLOOMBERG  -  469 words
    • Article
      Lock icon RISES
      113 8 BY CENTS CLOSE UP DBXT USDIGInfl 5US$ ***** 685.1 2.2 DBXT AUDMM 5AU$ ***** 578.1 2.4 DBXT iBoxxUSTr 5US$ ***** 318.9 1.3 DBXT MSJAP 10US$ 3756 106.3 2.3 JMH 4600 102.5 1.8 DBXT iBoxxKR 5US$ ***** 71.7 0.5 DBXT S&P Short 10US$ 4429 48.7 0.9 DBXT MSAsExJp 10US$ 3138
      113 words
    • Article
      Lock icon FALLS
      116 8 BY CENTS CLOSE DOWN IS S&P500 *****-190.8 -1.2 DBXT Nifty 10US$ *****-180.6 -1.1 IS DJ US Tech 6366-167.8 -2.0 DBXT E50 10US$ 4163-122.9 -2.3 DBXT MSKorea 10US$ 5567-117.8 -1.6 DBXT MSEurope 10US$ 4506 -88.4 -1.5 DBXT FTChina25 10US$ 3032 -87.1 -2.2 DBXT MSINDO 10us$ 1332 -57.6 -3.3 DairyFarm 729
      116 words
    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 8 DAILY
      5 words
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      86 9 GARIBALDI ITALIAN RESTAURANT BAR T arihahdi J\ianagemen thaMs B the its team and guests o-n 8th Anniversary To mark this occasion, Garibaldi offers wines from its award-winning cellar at unbeatable prices throughout the year Best Award of Excellence 2007, 2008, 2009 2010 Wine Spectator Best Restaurant of the Year 2009
      86 words
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  • SINGAPORE NEWS
    • Article
      Lock icon Floods widen motor insurers’ underwriting loss to $49m
      395 10  -  But overall bottom line rises 4.4% to $198m for 2010; gross premium up 3.7% at over $3b By KELLY TAY THE General Insurance Association of Singapore (GIA) announced yesterday that the general insurance industry’s total gross premium income climbed 3.7 per cent
      395 words
    • Article, Illustration
      Lock icon Credit Suisse is One@Changi City anchor
      433 10  -  By EMILYN YAP CREDIT SUISSE has signed a deal to become the anchor tenant at One@Changi City and the bank will have room for over 6,000 staff in Singapore by 2013 up from the more than 5,500 that it currently has. The bank will
      433 words
    • Article, Illustration
      Lock icon ‘Snake oil salesman’ wins LKY Water Prize
      442 10  -  James Barnard uses micro-organisms to treat wastewater By LINETTE LIM ONCE called a “snake-oil” salesman, scientist James Barnard is now being lauded for developing a revolutionary way for treating wastewater. And for that he has pipped 71 other nominees to win the fourth
      GAVIN ANDERSON  -  442 words
    • Article, Illustration
      Lock icon Ex-SIA spokesman is new Temasek corp affairs MD
      203 10 Stephen Forshaw fills job formerly held by Myrna Thomas TEMASEK has hired former Singapore Airlines (SIA) spokesman Stephen Forshaw as head of corporate affairs. He starts work next month. “Stephen Forshaw will be joining Temasek as managing director of corporate affairs and
      203 words
    • Article
      Lock icon Groundbreaking for new Continental R&D centre
      232 10 CONTINENTAL, a leading international automotive supplier, held a groundbreaking ceremony for its new research and development centre in Singapore, as part of its plan to meet the demand of growing engineering capacities caused by worldwide business expansion, particularly the growth in Asia. Located on
      232 words
    • Article
      Lock icon Most firms offer flexible working arrangements: poll
      221 10 56% say it’s more cost efficient than fixed office working FOUR in five companies here offer flexible working arrangements to their staff, according to a survey by workplace solutions provider Regus. The survey based on responses from 17,000 senior managers and business owners
      221 words
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      17 10 JERRY LUM Fftl Snr Marketing Director, MBA, CES [JjJ] HP: 8288 0098 View: jerrylum.myweb.sg c ONE Million
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      58 words
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      24 10 1 FIND THE ONES h THAT FIT! A Recruit the right people through CATS Recruit. Call 1800 289 8822 or email recruit@sph.com.sg to advertise.
      24 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon Queensland debt cost at 9-mth low
      679 11 Yield on A$5b bonds maturing in 2020 down 19 basis points since Feb 28 Reuters Reuters [BRISBANE] Queensland, battered by flooding that Prime Minister Julia Gillard called the nation’s most expensive natural disaster, is obtaining the lowest borrowing costs in nine months as the
      Reuters; BLOOMBERG  -  679 words
    • Article, Illustration
      Lock icon OECD cuts growth forecast for UK
      503 11 But it praises the govt’s ‘ambitious’ deficit-cutting plans Reuters [LONDON] The Organisation for Economic Co-opera-tion and Development (OECD) cut its growth forecast for the UK on Wednesday, saying the economy still faced significant risks at home and abroad, but praised the government’s “ambitious” deficit-cutting
      Reuters; AFP  -  503 words
    • Article
      Lock icon Argentine debt yields rise after govt fines economists
      354 11 Bloomberg [NEW YORK] Argentina’s inflation-linked debt is posting its biggest two-month decline since 2008 as the government fines private researchers who say consumer prices are increasing at more than twice the official rate. Bonds tied to consumer prices lost 14.6 per cent
      Bloomberg  -  354 words
    • Article
      Lock icon NZ quake adds US$3.6 billion to govt deficit
      464 11 AP Bloomberg [WELLINGTON] The earthquake that devastated the city of Christchurch last month will add about US$3.6 billion to New Zealand’s budget deficit this year, raising it to 8 per cent of gross domestic product (GDP), the government said yesterday. Finance Minister
      AP; Bloomberg  -  464 words
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      127 11 SINGAPORE PREVIEW MODERN AND CONTEMPORARY SOUTHEAST ASIAN PAINTINGS CONTEMPORARY ASIAN ART I 20TH CENTURY CHINESE ART MAGNIFICENT JEWELS AND JADEITE I IMPORTANT WATCHES 11AM-6:30PM 19-20 MARCH I THE REGENT SINGAPORE r w. t j&f K PATEH PHILIP, WF' •w m d! <! V Important and Impressive Pair of DIF Diamond
      127 words
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  • MALAYSIA
    • Article
      Lock icon M’sian capital market hits RM2t milestone
      557 12  -  It expands at 11% CAGR from RM717b in 2000, but is facing more pressure to win investors By PAULINE NG in Kuala Lumpur THE Malaysian capital market reached the significant milestone of RM2 trillion (S$839 billion) last year, Malaysia’s top securities regulator said. In
      557 words
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      492 12 WINE DINE AND HOSPITALITY t 4 r < DESTINATION WILLOW STREAM Escape your fast-forward, hectic world and bring yourself to a quieter place to recover so you can dive into life again re-energized. April and May 2011 is Spa Season at Willow Stream Spa. Join the Spa'rty come in groups
      492 words
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  • GREATER CHINA
    • Article, Illustration
      Lock icon Profit up fourfold at casino operator SJM
      534 13 Revenue driven by high-stakes gambling as casino adds 187 VIP tables Bloomberg [HONG KONG] SJM Holdings Ltd, the Macau casino company that was at the centre of an ownership dispute among billionaire Stanley Ho’s family members, said 2010 profit rose almost fourfold after
      Bloomberg; REUTERS  -  534 words
    • Article
      Lock icon Sharp yuan rise unacceptable: China central bank
      380 13 Reuters [BEIJING] China will not tolerate any sharp yuan rises to shield local exporters, limiting annual appreciation to 3 per cent in the next five years, a senior central bank official was quoted by local media as saying. China’s central bank has to
      Reuters  -  380 words
    • Article
      Lock icon Govt tells citizens to stop panic salt buying
      288 13 Reuters [BEIJING] China’s economic agency told shoppers yesterday to stop panic buying salt, blaming baseless rumours that the iodine in it can stop radiation sickness. The Chinese government has repeatedly said that the country’s residents would not be exposed to radiation from
      Reuters  -  288 words
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      96 13 THE BILLIONAIRES ISSUE SPECIAL EDITION WWW.FORBES.COM Forb sia IN INDIA, IN A HURRY KUMAR BIRLA, UDAY KOTAK BUILD INDUSTRIAL, BANKING FORTUNES A HUGE NEW CLASS OF 2011 TT MOST EVER: 1,210 NAMES $4.5 TRILLION MICHAEL CHIANG AUSTRALIA CHINA HONG KONG The Billionaire Factory Asia has a record 332 billionaires, up
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  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon BOA goes for billionaire Mukesh Ambani
      612 14 Bloomb erg [NEW YORK] Bank of America Corp has picked Mukesh Ambani, India’s billionaire chairman of Reliance Industries Ltd, to join its board as the lender seeks to expand revenue from outside the US. Mr Ambani, whose Mumbai-based company owns the world’s largest refining
      Bloomberg; AFP  -  612 words
    • Article
      Lock icon India hikes interest rates for eighth time in year
      839 14 Move is to rein in inflation that unexpectedly accelerated in Feb Bloomberg [NEW DELHI] India’s central bank raised interest rates for the eighth time in a year to rein in inflation that unexpectedly accelerated last month. The Reserve Bank of India
      Bloomberg  -  839 words
    • Article, Illustration
      Lock icon Complacency hurting UK companies: trade secretary
      496 14 Bloomberg [NEW DELHI] British companies have been “complacent” about business opportunities in India, put off by excessive bureaucracy, corruption and restrictions on operating in some sectors, UK Trade Secretary Stephen Green says. UK businesses are losing ground to global competitors and need to focus
      Bloomberg  -  496 words
    • Article
      Lock icon China credit squeeze lifts small lenders
      820 14 They are vital in offering cash lifelines and expose financial system distortions Reuters [BEIJING] As China tightens monetary conditions, the grey market in Chinese banking of semi-legal, largely unregulated, small-scale loan firms is increasingly playing an important role in offering crucial cash lifelines. At
      Reuters  -  820 words
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      71 14 A Brand New Health Magazine From INAUGURAL ISSUE Per Copy $8 Out Now Gathers a panel of 50 health practitioners Get the best insights on Western Traditional Chinese Medicine More inside: Dispelling 15 Diet Myths Parenting Tips for Fussy Eaters Caring for Your Eyes Pain, Pain Go Away 10 Recipes
      71 words
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  • WORLD
    • Article, Illustration
      Lock icon Price spikes pile pressure on US food industry
      617 15 Companies wary of passing along too much of increased costs to shoppers Reuters [CHICAGO] Executives setting prices from farms to dinner tables have coped with higher costs for months and handling those spikes may be getting even harder. Companies across the food
      Reuters; AFP  -  617 words
    • Article
      Lock icon 5 banks probed for Libor rate manipulation
      458 16 A source says they are BOA, Citigroup, Barclays, WestLB, UBS; investigation looking at activities in 2007, 2008 Reuters [LONDON] Regulators in the United States, Britain and Japan are probing five banks for manipulating Libor rates, the benchmark for interbank borrowing costs, in 2007
      Reuters  -  458 words
    • Article, Illustration
      Lock icon Tycoon brothers to sue Icelandic bank
      484 16 AP [LONDON] A High Court judge here ruled on Wednesday that two Brit-ish-based entrepreneurs can go ahead with damages claims worth more than 1 billion pounds (S$2.05 billion) against failed Icelandic bank Kaupthing. Justice Michael Burton dismissed a strikeout action by Kaupthing against the
      AP; REUTERS  -  484 words
    • Article
      Lock icon UK woos wealthy non-EU migrants
      257 16 For £5m in the bank, they get unlimited stay after 3 years Reuters [LONDON] Wealthy migrants from outside the European Union will be allowed to settle more quickly in Britain to help stimulate inward investment and attract entrepreneurs, the government said on Wednesday. Immigration Minister
      Reuters  -  257 words
    • Article, Illustration
      Lock icon US bankers groan as FDIC boss lauds reforms
      679 16 Bair’s appearance at bankers’ meet turns into a gripe fest Reuters [WASHINGTON] In one of the most bitter exchanges between a top US regulator and bankers since the financial crisis, Federal Deposit Insurance Corp (FDIC) chairman Sheila Bair got exasperated on Wednesday
      Reuters; REUTERS  -  679 words
    • Article
      Lock icon Clinton to finish term, but won’t stay for Obama 2nd term
      276 16 Bloomberg [WASHINGTON] Secretary of State Hillary Clinton says she intends to complete four years as secretary of state, although she doesn’t want to serve in the Cabinet or seek elected office again. Ms Clinton, in an interview with CNN’s
      Bloomberg  -  276 words
    • Article
      Lock icon Consumer prices up 0.5% in February
      573 17 Economists cite highest food prices since 2008, firms passing rising fuel costs to consumers LATEST US DATA Bloomberg Reuters [WASHINGTON] The cost of living in the US climbed more than forecast in February, led by the highest food prices since 2008 and rising fuel
      Bloomberg; Reuters  -  573 words
    • Article
      Lock icon Tech sector shows signs of a new bubble
      788 17  -  By ANDREW ANDREW MARKS in New York SHARES of Netflix broke the US$200 mark in recent days, as a Goldman Sachs analyst placed a US$300 price target on the company, which streams movies to subscribers over the Internet. “We believe that the
      788 words
    • Article, Illustration
      Lock icon Two warplanes shot down in Benghazi: Libyan rebels
      503 17 State TV claims major gains by Gaddafi’s forces AFP [TOBRUK] Libyan rebels said yesterday they had shot down two warplanes trying to bomb their eastern bastion of Benghazi, while state television claimed major military gains by strongman Muammar Gaddafi’s forces. With battles
      AFP  -  503 words
    • Article
      Lock icon Fukushima 50 lauded as heroes by grateful nation
      366 17 AFP [TOKYO] A group of some 50 workers staying behind at the crippled Fukushima nuclear plant and risking their lives on the frontline of Japan’s nuclear crisis have emerged as heroes to a grateful nation. The workers are tasked with keeping cooling
      AFP  -  366 words
    • Article, Illustration
      Lock icon Analysts take the measure of the yen in wake of crisis
      551 17  -  By in NEIL BEHRMANN in London JAPAN’S economy is likely to benefit in the short term as a result of the yen, which is expected to weaken substantially from its current unsustainable heights, said Brendan Brown, Londonbased chief economist
      AFP  -  551 words
    • Article
      Lock icon Cover-ups, bungling define Japan N-energy
      897 18 A dark legacy and the present crisis is straining the industry’s credibility AP [TOKYO] Behind Japan’s escalating nuclear crisis sits a scandal-ridden energy industry in a comfy relationship with government regulators often willing to overlook safety lapses. Leaks of radioactive steam and workers contaminated with
      AP  -  897 words
    • Article, Illustration
      Lock icon Quake aftermath could end reinsurance gloom
      430 18 Reuters [BANGALORE] The earthquake in Japan may leave a massive hole in the pockets of insurers and reinsurers, but it could also bring to an end a three-year run of falling reinsurance prices as companies rush to beef up their catastrophe cover. This would,
      Reuters; AP  -  430 words
    • Article, Illustration
      Lock icon Merkel vows measured nuclear exit
      434 18 AFP [BERLIN] Chancellor Angela Merkel vowed yesterday that Germany would speed up the transition to renewable energy as Europe’s top economy mulled a “measured exit” from nuclear power after the events in Japan. “We want to reach the age of renewable energy as soon as
      AFP; REUTERS  -  434 words
    • Article
      Lock icon ATM glitches, power outages jolt stressed Tokyo
      403 18 Long queues of residents apply for passports Reuters [TOKYO] Malfunctioning bank machines and threats of power outages yesterday jolted a stressed Tokyo where millions stocked up on rice and other essentials, stayed indoors or crowded into airports during Japan’s nuclear crisis. Flurries of
      Reuters  -  403 words
  • Page 15 Advertisements
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      2693 15 MATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF SINOVA PHARMACEUTICALS CO. (PTE) LTD (IN MEMBERS’ VOLUNTARY LIQUIDATION) (REGISTRATION NO. *****0609N) NOTICE OF MEMBERS’ VOLUNTARY LIQUIDATION Notice is hereby given that at an Extraordinary General Meeting of the
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      165 15 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF JADEFIELD ENTERPRISES PTE. LTD. (CO. REG. NO. *****4278H) (IN MEMBERS’ VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act (Cap. 50) that the FINAL MEETING of
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      35 16 tabla! THE HEARTBEAT OF THE INDIAN COMMUNITY Presidential conversation EXCLUSIVE INTERVIEW WITH PRESIDENT S.R. NATHAN ■Z'k* y A.R. Rahman wants his 'sophisticated Singapore fans' GET YOUR COPY TODAY FROM ALL 7-ELEVEN OUTLETS (WHILE STOCKS LAST)
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      20 16 IT'S HERE! ..ill 3G 2:40 PM LDRD rib i GET THE FREE 9I.3FM APP NOW! Available on the App Store
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  • AVIATION/SHIPPING
    • Article
      Lock icon Jetstar starts daily flights to Auckland
      396 19  -  Special sale to mark launch of services, with one-way fares from $248 By VEN SREENIVASAN [SINGAPORE] Fast-growing Jetstar has launched direct daily flights from Singapore to Auckland, barely three months after launching direct services between Singapore and Melbourne. Like its Melbourne service, Jetstar’s new
      396 words
    • Article, Illustration
      Lock icon Delta Air bets on upgrades to attract passengers
      500 19 Reuters [ATLANTA] Delta Air Lines may no longer be the world’s biggest airline but it’s spending big in an effort to become a premium brand. The airline is investing more than US$2 billion through 2013 to upgrade plane seats, refurbish airport facilities
      Reuters; BLOOMBERG  -  500 words
    • Article
      Lock icon Lufthansa orders 30 A320neos
      309 19 Bloomberg [PARIS] Airbus SAS has won an order for 30 of its new A320 NEO (new engine option) series planes from Deutsche Lufthansa AG valued at about US$2.8 billion at list price, the fourth commitment for the model and the first from a top global carrier.
      Bloomberg  -  309 words
    • Article, Illustration
      Lock icon Call to boycott Suez Canal over pirates
      643 19 Reuters [OSLO] A leading Norwegian shipowner called on tanker operators to boycott the Suez Canal which he said would force global powers to intervene in Somalia to crush piracy by forcing up oil and commodity prices. The call, which has yet to receive
      Reuters; AP FILE PHOTO  -  643 words
    • Article
      Lock icon TRANSPORT ST0CKS
      278 19 SGX '000 Mar 17 S$ +/-Vol CH Offshore 0.43 0.01 155 Chuan Hup Hldg 0.22 unch 80 Cosco Corp 1.82 -0.04 ***** CWT Ltd 1.16 -0.03 3500 Ezra Hldgs 1.67 -0.02 3441 First Ship Lea 0.41 0.01 477 Freight Links 0.06 -0.01 260 Grand Banks unch unch 0
      278 words
    • Article
      Lock icon Rolls-Royce marks comeback with Asiana deal
      323 19 Reuters [LONDON] Rolls-Royce has announced its first new order for Trent 900 engines since last year’s engine blowout on a Qantas A380 passenger jet. The UK aerospace and defence company said on Wednesday that it has won a contract to supply engines for six
      Reuters  -  323 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      3355 19 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi KU6457 1230 SQ456 1245 SQ457 1230 EY470 2200 VA7470 2200 Adelaide LH9771 1745 9W4082 2220 SQ278 1745 AF8088 2220 VS7278 1745 BA7382 2220 --JL5083 2220 MU8214 2220 QF82 2220 LH9770 2350 --SQ279 2350 VS7279 2350 Amsterdam LO4031 0605 LO4032
      3,355 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon Era of cheap capital will end, but not yet
      497 20 EDITORIAL IN an article last month, the McKinsey Global Institute argued what many economists believe: That the 30-year era of cheap capital is nearing an end and that the global economy will soon have to cope with too little capital, not
      497 words
    • Article, Illustration
      Lock icon The Great Food Crunch set to shape global politics
      785 20  -  THE BOTTOM LINE ROBERT SAMUELSON The Washington Post Writers Group THERE’S a question about the Middle East turmoil for future historians: how much did food inflation contribute? We know some basic facts. Middle East countries import 50 per cent or more
      The Washington Post Writers Group  -  785 words
    • Article, Illustration
      Lock icon Separating nuclear myth from reality
      1155 20  -  Most energy sources entail risks and it’s up to the public to decide if they’re too high By MICHAEL A LEVI The writer is a senior fellow and director of energy security climate change of the Council on Foreign Relations. He is also the author
      Washington Post; BLOOMBERG FILE PHOTO  -  1,155 words
    • Article, Illustration
      Lock icon Economic cost of the Arab revolt
      1525 21  -  If oil prices keep rising due to the unrest, the West could see a double-dip recession and the East, higher inflation By GERARD LYONS The writer is chief economist at Standard Chartered Bank A DOUBLE-DIP recession in the West and higher inflation in the
      AFP  -  1,525 words
    • Article
      Lock icon Silence ofFOMC missive on Japan is deafening
      730 21  -  Assumption that US policy should simply ‘look through’ the tragedy would be a mistake By MOHAMED A EL-ERIAN The writer is Pimco chief executive officer and co-chief investment officer, and the author of ‘When Markets Collide’. The opinions expressed are his own COUNT
      730 words
    • Article
      Lock icon Constituting PCRT as a Reit could stifle its growth
      518 21  -  LETTER TO THE EDITOR Tong Ka-Pin Senior vice-president Investor relations corporate communications Perennial Real Estate Pte Ltd (Sponsor of PCRT) I REFER to the commentary “Perennial China play should take Reit route” (BT, March 14). Perennial China Retail Trust (PCRT) will
      518 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      8375 22 Transaction date: Mar 17 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 -0.5 10 17 17 17 17.5 7.8 3.6 3.6 81.4 12 4.5 A-Sonic 6.5 unch 440
      8,375 words
    • Article
      Lock icon SGX CATALIST
      1558 23 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 3.5 4.5 21.4 4.3 225 130 t APStrategic 160 -10 1 160 160 160 167 94.9 1.5 0.5
      1,558 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      9552 23 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.3/ APS Alpha Fund (USD)!** 1.02/ 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 WM
      9,552 words
    • Article
      Lock icon GLOBALQUOTE
      243 23 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 56 38 AVJennings A50.5cd 49 55 3.6 6.9 4 131.5 55 16 Genting HK US$ US38.5 -1 ***** 39.5 38 38.5 39 2535 21 8 Over&Gen A14
      243 words
    • Article
      Lock icon SGX ETF
      887 23 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 124 108 ABF SG Bond ETF 112.3 +0.5 10 112.3 112.3 112.3 112.9 512.6 1070 761 CIMBAsean40 100US$ US950 979 990 38 350 270 DBS STI
      887 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      374 24 In local curr In S$ In US$ dy yr dy yr dy yr Mar 16 Index Change Change Change Change Change Change World Index Preliminary 879.5 -0.5 -2.0 -0.5 -1.1 -0.6 -1.2 EAFE Preliminary 759.2 0.2 -5.2 0.3 -3.4 0.2 -3.5 Europe Preliminary 1118.2 -1.7
      374 words
    • Article
      Lock icon INTERBANK RATES
      187 24 Mar 17 S5 Offer Old Overnight 1 M)I mill 2 months l-mynOis Overnight mod#- 0,01 0.02 V1G 3/3 7/1 fi O.OI 1/16 1/8 1/16 USS Offer Old 7 days 1 m<vr>ttt 1 months 3 months 6 montlo 9 months 12 months 0 3d 0.38 DA3 0.4ft O.Stf 0,60
      187 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      22 24 Mar 17 S$ Bid Offer 1-month 1.2804 1.2815 2-months 1.2803 1.2813 3-months 1.2801 1.2812 6-months 1.2796 1.2806 Source: OCBC
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    • Article
      Lock icon SICOM FUTURES
      149 24 Mar 17 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Apr 11 482.0 480.5 500.0 8 May 11 482.0 480.0 498.3 8 Jun 11 484.0 480.0 498.3 212 Jul 11 478.0 478.0 496.7 16 Aug 11 496.7 Sep 11
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    • Article
      Lock icon GOVERNMENT SECURITIES
      79 24 Mar 17 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****F 16.06.2011 0.30 1-Year BY*****N 01.11.2011 0.38 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0V 1.625 01.04.2013 102.56 5-Year N*****0S 2.875 01.07.2015 108.11 108.25 108.12 10-Year NY*****N
      79 words
    • Article
      Lock icon CHICAGO BOT
      107 24 Mar 16 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low May 11 1287.00 1270.00 1308.00 1273.50 Jul 11 1295.25 1278.00 1316.50 1280.00 Aug 11 1290.75 1273.50 1313.00 1283.00 Sep 11 1271.00 1256.00 1296.25 1264.50 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low May 11 52.96
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    • Article
      Lock icon CRUDE OIL & PRODUCTS
      77 24 CRUDE OIL PRODUCTS Mar 16 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 111.01 -0.02 WTI (Near Mth) 98.34 0.77 Dubai (1-Mth F) 104.47 -0.39 Tapis blend 115.31 -0.48 Minas 112.21 -0.28 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 101.17 -1.61 Jet Kerosene 130.05 -1.60 US$/barrel Opec Oil
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    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      2613 24 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left AFP Properties EW*****8 20 -1 130 1 10 -9 1.65 56 Asia-Pacific Strategic W*****6 26 -2.5 10 1 150 10 6.15 38 ASJ Hldgs W*****1 1 1 4 11 4.50 11
      2,613 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 24 Mar 17 As at 9am Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.299 1.226 Can dollar 1.319 1.269 Euro 1.818 1.749 Sterling pound 2.095 2.015 NZ dollar 0.953 0.908 US dollar 1.305 1.255 Local dollars to 100 units of foreign
      121 words
    • Article
      Lock icon STOCK INDEX FUTURES
      27 24 Mar 17 Open High Sett STI Mar 2943 SIMSCI Mar 350.0 350.8 346.2 Taiwan Mar 295.2 296.5 293.6 Source: MF Global (S) Pte. Ltd
      27 words
    • Article
      Lock icon PALM OIL
      65 24 Mar 17 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Apr 11 3373 3390 3410 3370 102 6280 May 11 3351 3359 3385 3330 3325 ***** Jun 11 3320 3338 3362 3305 ***** ***** Jul 11 3319 3324
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    • Article
      Lock icon SGX DERIVATIVES TRADING
      460 24 Mar 17 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Jun11 99.6150 0 2007 Sep11 99.5550 0 4175 Dec11 99.4650 0 2175 Mar12 99.3050 0 661 EUROYEN TIBOR FUTURES Jun11 99.6550 1 2946 Sep11 99.6475 0 866 Dec11 99.6325 0 1936 Mar12 99.6050 13 1338 Jun12 99.6350
      460 words
    • Article
      Lock icon INTERBANK CROSS RATES
      464 24 Mar 17 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.973 6.467 0.705 7.675 44.450 86.501 0.778 11.155 3.006 1.359 84.007 43.206 1.260 6.977 0.889 29.081 29.847 0.613 0.984 Canada 1.028 6.646
      464 words
    • Article
      Lock icon SIBOR
      85 24 Mar 17 (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$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      154 24 Mar 17 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2595 1.2611 0.9835 0.9840 Canadian dollar 1.2945 1.2961 1.0108 1.0113 Euro 1.7877 1.7894 1.3960 1.3962 NZ dollar 0.9266 0.9279 0.7236 0.7240 Sterling pound 2.0560 2.0579 1.6055 1.6057
      154 words
    • Article
      Lock icon PRECIOUS METALS
      138 24 Mar 17 GOLD (US$/oz) Mar 16 Mar 17 Hong Kong 1400.30 1398.50 Mar 15 Mar 16 London 1396.60 1399.90 1397.35 1400.65 Source: Thomson Reuters CAST BAR Mar 17 (S$) Selling Buying Kilobar 61,710.11 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 138 58 5gm 392 288 10gm 701
      138 words
    • Article
      Lock icon LONDON METALS
      71 24 Mar 16 Mar 16 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2426.75 2461.25 3 months 2458.00 2493.00 Copper, Grade A (US$/tonne) Cash 9258.00 9110.50 3 months 9260.00 9118.00 Lead (US$/tonne) Cash 2597.00 2523.50 3 months 2580.00 2509.50 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne)
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    • Article
      Lock icon LIFFE
      82 24 Mar 16 COCOA (£/tonne) Close Prev High/Low Mar 11 2110 2119 2139/2099 May 11 2102 2121 2163/2086 Jul 11 2096 2110 2151/2077 Sep 11 2089 2101 2144/2071 COFFEE (US$/tonne) Close Pev High/Low Mar 11 2440 2338 2400/2379 May 11 2487 2375 2494/2405 Jul 11 2389 2333 2407/2356 Sep 11
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  • Article
    Lock icon SHIPPING TIMES
    6039 25 n 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 JIMBLOOM Muscat/Sharjah/Doha/Dammam SEA
    6,039 words
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      46 26 USE THIS SPACE TO SELL CALL JOE WONG AT 9620 1327 TO ADVERTISE —THE BUSINESS TIMES SHIPPING TIMES FREIGHT FORWARDER urgently needed by shippers I Can they find your services here in the Shipping Times? THE BUSINESS TIMES TO ADVERTISE, CALL JOE WONG AT 9620 1327
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  • executive lifestyle
    • Article, Illustration
      Lock icon Uptown pours
      2496 27  -  Singapore is quietly growing as a hub of sophisticated wine consumption as wines red, white and pink top the tipple list, reports CHRISTOPHER LIM reports CHRISTOPHER LIM SINGAPORE may not be able to beat Hong Kong when it comes down to the sheer business of wine in the
      ILLUSTRATION: MOHD KHAIRIE; PHOTOS: CHRISTOPHER LIM  -  2,496 words
    • CINEMA
      • Article, Illustration
        Lock icon History written by the victors
        432 28  -  By CHRISTOPHER LIM STORIES only get told when those in the know are both alive and inclined to share the tale. This is especially the case in wars, where political expediency means that inconvenient defeats get swept under the rug. Centurion is a fictional tale
        432 words
      • Article, Illustration
        Lock icon Team America at it again
        698 28  -  Aliens seem to always eye California real estate, and if a thin plot, gratuitous CGI effects and early Fourth of July chest-thumping don’t faze you, then brave the cinema for Battle Los Angeles, writes DYLAN TAN writes DYLAN TAN BOTH summer movie silliness and Fourth
        COLUMBIA PICTURES/SONY  -  698 words
      • Article, Illustration
        Lock icon Gun-shy force of nature
        525 28  -  By GEOFFREY EU CHA Tae-sik (Won Bin) may be a loner who voluntarily withdraws from society and works in a dingy pawnshop, but he’s no loser not when he looks like a matinee idol, is built like an armoured vehicle and serves as a self-appointed guardian
        525 words
      • Article, Illustration
        Lock icon Way Back is way good
        681 28 THEY don’t make wartime escape movies like they used to, and that’s not necessarily a bad thing. The Way Back, directed by Peter Weir, isn’t in the same epic vein as, say, The Great Escape or Von Ryan’s Express, two classic Hollywood examples of the
        681 words
    • MUSIC
      • Article, Illustration
        Lock icon Music misfits share stage
        403 29  -  By DYLAN TAN IF THEIR surreal music videos featuring monsters scaring babies and electric eels being stuffed into machines are anything to go by, fans of psychedelic indie pop band MGMT will be in for a face-melting musical odyssey when the band plays in Singapore for
        SONY MUSIC  -  403 words
      • Article, Illustration
        Lock icon Tango feast
        443 29  -  By MELISSA LWEE THOSE of you who have not heard of Gotan Project need only look at the band’s name to know what sort of music they stand for. A cheeky play on the name of a 1982 tango album called Tango Project, it is a clear indication
        443 words
      • Article, Illustration
        Lock icon Multi-faceted
        370 29  -  The local music scene kicks it up a notch with these diverse new albums, says CHRISTOPHER CHRISTOPHER LIM SOMETIMES, music is an escape from reality but just as often, you need an appropri- ate soundtrack for life that channels the zeitgeist. You can always count on mischievously eclectic local
        370 words
    • ARTS
      • Article, Illustration
        Lock icon Treasury of film
        667 30  -  Former film fest heads come back to help curate the all-new Southeast Asian Film Festival at the Singapore Arts Museum, reports DYLAN TAN reports DYLAN TAN WITH this year’s Singapore International Film Festival (SIFF) moved to September, the Singapore Arts Museum (SAM) has filled the void with
        667 words
      • Article, Illustration
        Lock icon Power in your hands
        560 30  -  By CHEAH UI-HOON ONE usually thinks of museums as “dead” spaces. Or spaces for the ancient, dug-up and documented, petrified and preserved. Sure, artefacts get a new lease of life as museum exhibits, and when they’re interesting enough, can stir the imagination of a time past.
        DONALD ERIC LIM, NUS MUSEUM  -  560 words
      • Article, Illustration
        Lock icon Musical spooktacular
        456 30  -  By DYLAN TAN WHILE the musical comedy H is for Hantu may be filled with a bag of laughs, one of the characters was inspired by writer-di-rector Jonathan Lim’s personal brush with the supernatural. “I had a near-encounter with what I believe was a ‘Hantu Penanggalan’ during my
        456 words
      • Article, Illustration
        Lock icon Maestro’s sentimental Singapore concert
        529 30  -  By CHRISTOPHER LIM WHEN a musician claims that so much is being spent on a show that he only hopes to break even, you’ve got to see what the fuss is about. “Don’t even ask,” said Indian composer, musician and singer A R Rahman, in an
        529 words
      • Article, Illustration
        Lock icon Big on sculpture
        811 32  -  Bernar Venet’s monumental art is a paradox of perfect structure and utter chaos, says CLARISSA TAN CLARISSA TAN WHEN an artist professes he has no ego, does that mean he is so humble as to be uncontrived and frank, or that he just has a massive ego?
        BERNAR VENET  -  811 words
      • AROUNDTOWN
        • Article, Illustration
          Lock icon Sotheby’s debuts photography, new media
          340 32 SOTHEBY’S holds a preview of its Hong Kong Spring Sales 2011 here on Saturday and Sunday with apreview of its selected pieces from its Modern and Contemporary South-east Asian Paintings, 20th-Century Chinese Art, Contemporary Asian Art, Jewellery and Watches. Art collectors can look forward to
          340 words
        • Article
          Lock icon Revel in cabaret’s melodious wit
          153 32 Humour was everything in the golden years of “intimate” cabaret, between the 1920s and 1950s. The words were as important as the music, and to be amusing was of the utmost importance and the songs of the era reflected that. Make 'Em Laugh is a
          153 words
        • Article, Illustration
          Lock icon Revelatory convergence
          123 32  -  Compiled by CHEAH UI-HOON Two decades ago, artists Wong Mei Sheong and Jimmy Ong by chance exhibited at the same gallery. Their paths are converging again now, leading to revelations of shared experiences that have shaped their artistic identities over the years. The Private Museum’s“specialedition”exhi- bition (above and
          123 words
    • PURSUITS/ARTS
      • Article, Illustration
        Lock icon Timeless lovers reign again
        691 31  -  DANCE By LYNN KAN IT IS rehearsal time for Singapore Dance Theatre’s upcoming Romeo and Juliet at the faded pink Fort Canning Cultural Centre. But just before the third act was to begin, 25-year-old Chihiro Uchida, who dances Juliet, is on the studio floor, grasping and
        SINGAPORE DANCE THEATRE  -  691 words
      • Article, Illustration
        Lock icon Role-player to beat
        664 31  -  GAMING REVIEW By CHRISTOPHER LIM PUTTING a “II” next to the title of a game is usually a clear indication that it’s a sequel, but Dragon Age II is controversial in two respects. The fantasy action role-playing game (RPG) doesn’t allow you to continue playing your old
        664 words
      • Article, Illustration
        Lock icon Days of wine and roses
        967 31  -  Rose wines, or pinks as they are also called, are a hit with the well-heeled on the French Riviera and soon to be a toast here as well, writes N K YONG WINE writes N K YONG WINE is about people from the beginning to
        967 words
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      207 29 L E S AMIS D U CREDIT SUISSE THE MERLION HOTEL BY TATZU NISHI. CHECK-IN TO SINGAPORE'S MOST FAMOUS ICON f r~ uqh w\ r .c k' a nr. y. dteiU m t, raw?-- -*u ■u 7 r •> X I IN SI -v V 3 x/;«:■y». c: S !l-
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      308 30 CRYPTIC CROSSWORD Across 1 Street vagrant wanders in a bad mood, showing colours (2,7,5) 8 Brusque retreat before English ceasefire (5) 9 Having no ups and downs in the main (8) 11 Stroke damaging US racquet (6-3) 12 Greek worker’s allowance (5) 13 Matey missing quiet colleague (4) 14 Carry
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      163 31 WORLD PREMIERE buddy] th^dllen Starn^Q fieragW I_evM* s .-The 1 BAFFLES J* ■*2>f t 4th i <ik Z^W-britishth West End star of "Buddy" and "Great Balls of Fire", Billy plays both of these iconic Rock 'n Roll legends in "Buddy vs The Killer". 8*5?L 2^ HOTEL, For corporate entertainment, we
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