The Business Times, 25 March 2011

Lock icon This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.

Microfilm: NL31287
Total Pages: 43
1 44 The Business Times
Page thumbnail Page 1
  • Title Section
    Lock icon Masthead
    23 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|Sl A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 138/08/2010 Friday, March 25,2011
    23 words
  • Article
    Lock icon Shippers hit panic button as terror on the seas rises
    888 1  -  They want Somalian pirate leaders to be eliminated like terrorists; 445 ships were attacked last year By GEORGE JOSEPH [SINGAPORE] The Asian voice against Somalian pirates has just got louder with the biggest regional group of freight (cargo) owners even
    888 words
  • Article
    Lock icon Yet another S-chip bites audit dust
    711 1  -  Auditors of China Gaoxian unable to verify bank balances at its China units By LYNETTE KHOO [SINGAPORE] Accounting irregularities have surfaced in yet another S-chip China Gaoxian, confirming investors’ fears over what triggered its trading halt. The latest development comes barely a month after
    711 words
  • Article
    Lock icon MARKETS DIGEST
    141 1 GST INDEX 3,043.03 (+20.84) GST INDEX FUTURES 3,043 (+21) GSIMSCI 360.01 (+2.40) GSIMSCI FUTURES 360.70 (+3.90) FOREX US$ S$ US$ (S$ per US$) 1.264 (US$/S$ per 1.622 2.050 EURO (US$/S$/E) 1.407 1.779 Foreign currency per US$ S$ YEN 80.90 64.00 RM 3.029 2.396 HK$ 7.795 6.167 BAHT 30.30
    141 words
  • Page 1 Advertisements
    • Advertisement
      Lock icon Page 1 Advertisements Column 1
      76 1 FESTIVALS AROUND THE WORLD Gathering of jokers PAGE GENERAL ELECTION SM Jayakumar, Speaker Abdullah Tarmugi to say goodbye to Parliament PAGE 2 CD REVIEWS Long live Queen PAGE 42 *****1 *****4 «JP BREI 18 LING 14 METRE IFIE^ K 5* CH RON b CER i Sl viss I* 17 INSTRUMENTS
      76 words
    • Advertisement
      Lock icon Page 1 Advertisements Column 2
      12 1 SPOTLIGHT SINGAPORE Mixing business with the arts EXECUTIVE LIFESTYLE I PAGE 44
      12 words
Page thumbnail Page 2
  • TOP STORIES
    • Article
      Lock icon THREE-MINUTE DIGEST
      599 2 Shippers hit panic button as terror on the seas rises THE Asian voice against Somalian pirates has just got louder with the biggest regional group of freight owners even suggesting that the known leaders of the pirates be taken out, just as terrorist masterminds have been picked out
      599 words
    • Article
      Lock icon Jayakumar, Abdullah Tarmugi to say goodbye to Parliament
      535 2  -  Lim Swee Say to anchor PAP’s team in East Coast GRC, which WP is likely to challenge again By LEE U-WEN [SINGAPORE] Between them, they have 58 years of political experience under their belts. Last night, however, both Senior Minister S Jayakumar
      535 words
    • Article
      Lock icon Portugal may need 70b euro bailout
      476 2 Country closer to financial brink as rates on 10-year bonds soar to record 7.71% AP Bloomberg [LISBON] Portugal’s financial collapse appeared inevitable yesterday, as markets took the government’s resignation as proof the debt-heavy country will lose its year-long battle to avoid an international bailout.
      AP; Bloomberg  -  476 words
    • Article, Illustration
      Lock icon Japan counts massive cost of triple disaster
      886 4  -  Tepco may seek up to 2t yen loan to restart conventional power plants By in ANTHONY ROWLEY in Tokyo AS hopes rose that a nuclear meltdown may have been averted, the ticklish, multi-billion dollar question of costs came to the forefront. Tokyo Electric
      AFP  -  886 words
    • Article
      Lock icon CFOs call for professional designation, ethics code
      502 4  -  Education, training should keep up with more strategic role By MICHELLE QUAH [SINGAPORE] With the role of a chief financial officer (CFO) evolving to become a more strategic one over the years, practitioners say that there should be a professional designation for CFOs
      502 words
    • Article
      Lock icon MENA saga: The winners and losers
      710 4  -  By MICHELLE TAN [SINGAPORE] With the recent tragedy that hit Japan quickly fading from the minds of investors, worries of another potentially devastating issue regains key focus Middle East and North Africa (MENA) woes. Just this week, attention has shifted back to war-stricken Libya
      710 words
    • Article
      Lock icon Quakes less detrimental than financial shocks
      642 4 Natural disasters cause less economic damage as direct impact is smaller [SINGAPORE] When it comes to tsunamis, the devastation and toll are certainly a whole lot more stark and grim in a geological survey than a financial one. Yet when one totes up the
      642 words
    • Article
      Lock icon Feb durable goods orders drop 0.9%
      351 4 LATEST US DATA Bloomberg [WASHINGTON] Orders for long-lasting goods unexpectedly fell in February, reflecting declines in demand for capital goods and military aircraft. Bookings for goods meant to last at least three years dropped 0.9 per cent after a 3.6 per cent gain the
      Bloomberg  -  351 words
  • Page 2 Advertisements
    • Advertisement
      Lock icon Page 2 Advertisements Column 1
      175 2 Parkway East Hospital eup ewiee.,, Parkway East Fertility IVF Services Parkway East Hospital (formerly known as East Shore Hospital) now offers a comprehensive range of services for the management of male and female fertility problems. Our services include: Fertility counselling services Full assessment of male and female fertility In Vitro
      175 words
Page thumbnail Page 3
  • Page 3 Advertisements
    • Advertisement
      Lock icon Page 3 Advertisements Column 1
      166 3 r s M m m h 1. DREAM 2. BUILD 3. DREAM WEALTH. WHAT'S IT TO YOU? After your dream becomes a success, what do you do? You may want to venture into something new or expand your existing horizons. Whatever your goals, we make sure the focus is firmly
      166 words
Page thumbnail Page 4
Page thumbnail Page 5
  • Page 5 Advertisements
    • Advertisement
      Lock icon Page 5 Advertisements Column 1
      360 5 b a a n a Cluster Terraces with Resort Fac liti es 4 4 r~ I v B 8 7/ i I v 8* X /rs m m -y V -ie/^ A < •T K.3S r£fe3 I *v 2. V--S J*-- ?r'-^i wPlr £9 ■v r" IS*?. 5 5fe M^'
      360 words
Page thumbnail Page 6
  • COMPANY NEWS
    • Article
      Lock icon More M&A deals in Q1 but value shrinks 10%
      578 6  -  Trend still showing more activities in mid-market segment By LYNETTE KHOO EVEN as more merger and acquisition (M&A) deals are sewn up this year, they are getting smaller in scale compared to a year ago. A total of 212 M&A deals
      578 words
    • Article
      Lock icon The Clementi Mall is fully leased
      312 6  -  By MINDY TAN THE Clementi Mall, in which Singapore Press Holdings has a 60 per cent stake, is fully leased ahead of project completion with about half of its tenants opening for business today and the remaining tenants following soon after. All the shops
      312 words
    • Article, Illustration
      Lock icon Optus seeks changes to NBN amendments
      305 6 Reuters [SYDNEY] Singapore Telecommunications’ Australian unit Optus yesterday said that it is in negotiations with the Australian government to overturn last-minute amendments to laws covering the country’s planned National Broadband Network. Optus chief executive Paul O’Sullivan said that he is seeking changes to the
      Reuters  -  305 words
    • COMPANY BRIEFS
      • Article
        Lock icon CapitaMall Trust bond issue raised to $350m
        51 6 CAPITAMALL Trust said that the total issue size of its convertible bond issue has increased from $250 million to $350 million. This came about after the lead manager, Credit Suisse (Singapore), exercised its upsize option in full due to favourable demand for the
        51 words
      • Article
        Lock icon Anwell auditors flag concern
        78 6 ANWELL Technologies’ auditors, Pricewaterhouse Coopers LLP (PwC), drew attention to the financial statements of the company, which had incurred a loss of HK$434.407 million (S$70.24 million) for the year ended Dec 31, 2010. As at that date, the group’s current liabilities exceeded its current assets by
        78 words
      • Article
        Lock icon Unionmet warns of loss in Q1
        89 6 UNIONMET warned that the group will report a loss for the first quarter ended Feb 28. The loss is due mainly to the lower sales of indium and zinc related products. The production of indium during the quarter was adversely affected due to the
        89 words
      • Article
        Lock icon ST Marine gets another LDA notice
        133 6 ST Engineering said its unit ST Marine has received a second notice of termination from Louis Dreyfus Armateurs (LDA) to reiterate that it has terminated the contract signed in July 2007 for a roll-on/roll-off passenger ferry. LDA has also called on the refund guarantees
        133 words
    • Article, Illustration
      Lock icon Need to join bourse consolidation: ASX
      528 6 SGX-ASX MERGER Reuters [SYDNEY] Australian bourse operator ASX says it continues to believe in the business logic of a proposed US$7.6 billion takeover by Singapore Exchange (SGX) and also sees a need to take part in global bourse consolidation. The ASX made the comments
      Reuters; REUTERS  -  528 words
    • Article
      Lock icon Mistake to think SGX is better off without ASX
      723 6  -  HOCK LOCK SIEW By R SIVANITHY ACCORDING to conventional wisdom, the recent “relief rally” in Singapore Exchange shares is testimony to the market’s unhappiness with the company’s proposed merger with the Australian Stock Exchange (ASX) and that this means that SGX
      723 words
    • Article
      Lock icon S’pore has role in developing Islamic finance
      352 9  -  It can draw on advantages such as its credit rating and strong rule of law By CONRAD TAN SINGAPORE has a valuable role in the development of Islamic finance in Asia as a global financial centre that can help issuers of sya-riah-compliant securities
      352 words
    • Article
      Lock icon Syndicated loans hinge on 2 key sectors
      393 9  -  By MAXIE AW YEONG DBS Group Holdings expects the transportation and commodities sectors to be key areas this year for syndicated loans, which are expected to grow to US$25-30 billion, from 2010’s US$23 billion. Factors cited by DBS group head of syndicated finance,
      393 words
    • Article, Illustration
      Lock icon Credit Suisse has its eye on China equities
      481 9  -  By TEH SHI NING EVEN as inflation and further rate hikes in emerging markets keep market participants at bay, Credit Suisse’s global chief investment officer thinks buying opportunities are drawing near, with the first likely to emerge in Chinese equities in the
      481 words
    • Article
      Lock icon Industrial S-Reits’ expansion into China poses risk: Moody’s
      346 9  -  By TAN SHIHAO SEAN AS industrial Singapore real estate investment trusts (S-Reits) look at spreading their wings to China, Moody’s Investors Service (MIS) has cautioned about the legal and regulatory risks they face. In a report on the business risks which industrial
      346 words
    • Article, Illustration
      Lock icon Frasers Residence Orchard launched
      378 12  -  Frasers Hospitality to open 12 new properties worldwide this year By EMILYN YAP SERVICE residence owner and manager Frasers Hospitality yesterday launched its fourth property in Singapore, the 72-unit Fraser Residence Orchard. This property brings the number of service apartments under the company’s management to close
      378 words
    • Article
      Lock icon Sale of AIMS Reit’s Japan property completed
      408 12  -  By MINDY TAN AIMS AMP Capital Industrial Reit has completed the sale of Asahi Ohmiya Warehouse at an effectively lower price of 1.483 billion yen (S$23 million). The price of the warehouse was effectively reduced from 1.49 billion yen after a joint inspection
      408 words
  • Page 6 Advertisements
    • Advertisement
      Lock icon Page 6 Advertisements Column 1
      973 6 MATS NOTICES IN THE MATTER OF THE COMPANIES ACT CAP 50 AND IN THE MATTER OF TH HEAVYLIFT PTE LTD (Co. Registration No. *****0987C) NOTICE OF RESOLUTIONS FOR MEMBERS’ VOLUNTARY WINDING-UP (Pursuant to Section 290) At the Extraordinary General Meeting of the members of the above-named Company, duly convened and
      973 words
    • Advertisement
      Lock icon Page 6 Advertisements Column 2
      16 6 Pacify the Raging Bull Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Apology Notices
      16 words
Page thumbnail Page 7
  • Page 7 Advertisements
    • Advertisement
      Lock icon Page 7 Advertisements Column 1
      114 7 Aud Vorsprung durch Tech GOOD Big is open to small suggestions The new Audi Al. The next big thing. Big is creating your own masterpiece. It's expressing your style and making your mark. It's more than a designer label, it's a distinctive signature. It's a wider selection of colours, materials
      114 words
Page thumbnail Page 8
  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon STI back to pre-Japan sell-off level
      628 8  -  This week’s ascent to 3,043 is in line with a rise in Japan and a stable Wall Street STOCKS R SIVANITHY Senior Correspondent THE Straits Times Index’s (STI) recovery from the March 11 Japan-trig-gered sell-off was completed yesterday when the index rose 20.84 points
      Source: Bloomberg  -  628 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 8 DAILY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      66 8 Mar 24 VALUE CLOSE BT OB/OS -111.00 +242.0 BT CADI -*****.00 +134.0 BT 10-day MA -*****.00 -11.00 FTSE ST Mid Cap 755.98 +8.22 FTSE ST Small Cap 540.71 +4.99 FTSE ST All Share 751.29 +5.75 FTSE ST China Top 270.81 +4.12 FTSE ST China 302.54 +4.66 FTSE
      66 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 11 2 3 0 0 0 11 2 3 Manufacturing 70 39 57 4 4 9 74 43 66 Commerce 21 16 30 6 1 5 27 17 35 Tpt/Stor/Comms 24 9 8
      186 words
    • BROKERS’ TAKE
      • Article, Illustration
        Lock icon Ying Li International
        277 8 March 24 close: $0.38 DBS Vickers Research, March 24 YING Li has sold 16,000 sq m of office space at the International Financial Centre in Chongqing city at a better-than-expected average price of 24,000 yuan ($4,600) per sq m, with a further 4,000 sq m to be
        Source: Bloomberg  -  277 words
      • Article, Illustration
        Lock icon Starhill Global Reit
        466 8  -  March 24 close: $0.62 OCBC Investment Research, March 24 Compiled by LYNETTE KHOO STARHILL Global Reit has announced its plan to embark on asset redevelopment of Wisma Atria to boost the mall’s positioning along Singapore’s Orchard Road. The first phase of the redevelopment will commence in Q1
        Source: Bloomberg  -  466 words
      • Article
        Lock icon Glossary:
        135 8 Ebit earnings before interest and tax Ebitda earnings before interest, tax, depreciation and amortisation EPS earnings per share FY fiscal/financial year H1, H2 first or second half m-o-m month on month NAV net asset value 9M nine months P/B price/book value (ratio) PE price/earnings (ratio) Q1, Q2, Q3 first,
        135 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      121 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 27,648 27,648 105,341 105,341 Manufacturing 294,732 29,543 324,275 248,159 1,214 249,374 Commerce 90,518 8,885 99,403 160,159 1,283 161,442 Tpt/Stor/Comms 214,014 7,117 221,131 277,469 1,833 279,302 Finance 19,682 19,682 122,364 122,364 Construction 16,498 6,300 22,798 3,683
      121 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      111 8 Stock name Close Change CapMallsAsia 1.720 +0.040 CapitaLand 3.300 CapitaMall 1.880 +0.070 CityDev 11.380 +0.100 ComfortDelGro 1.500 -0.010 DBS Grp 14.240 F&N 5.560 +0.100 GLP 1.810 -0.040 Genting SP 2.010 +0.020 Golden Agri 0.685 -0.005 HK Land 6.950 +0.130 JMH 44.120 +0.560 JSH 26.440 -0.040 Jardine
      111 words
    • Article, Illustration
      Lock icon Euro rises slightly against $ after dive
      352 8 Euro rises slightly against after dive CURRENCIES AFP [SINGAPORE] The euro edged up against the dollar in Asia yesterday after the single currency was earlier hit by news that Portugal’s parliament had rejected a tough austerity plan, analysts said. The single European currency bought US$1.4087 in afternoon Asian trade, slightly
      AFP; REUTERS  -  352 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      60 8 VOLUME HPH Trust US$ 103,219,000 Golden Agri 86,743,000 Genting SP 82,944,000 RafflesEdu 50,412,000 Dyna-Mac 33,743,000 GMG Global 32,709,000 Noble Grp 31,615,000 Yangzijiang 23,344,000 Olam 19,966,000 Thai Beverage 19,550,000 VALUE($) Genting SP 166,135,130 HPH Trust US$ 127,326,468 Keppel Corp 77,315,100 Noble Grp 67,508,130 Golden Agri 59,420,890 Olam 57,027,840
      60 words
    • Article
      Lock icon RISES
      113 8 BY CENTS CLOSE UP DBXT Nifty 10US$ ***** 246.5 1.6 GLD 10US$ ***** 98.6 0.6 DBXT SPASX200 10US$ 3459 92.3 2.2 DBXT MSAsExJp 10US$ 3269 89.7 2.2 Jardine C&C 3610 84.0 2.4 JMH 4412 70.8 1.3 DBXT FTChina25 10US$ 3154 54.4 1.4 DBXT MSINDIA 10US$ 1038 49.3 3.9 DBXT
      113 words
    • Article
      Lock icon FALLS
      116 8 BY CENTS CLOSE DOWN DBXT FTVietnam 10US$ 3200 -22.8 -0.6 DBXT S&P Short 10US$ 4336 -22.8 -0.4 DBXT MSJAP 10US$ 3880 -17.7 -0.4 GentingSMBLePW*****1 13 -8.0 -38.1 Isetan 321 -8.0 -2.4 STI 3100BNPeCW*****0 17.5 -5.5 -23.9 JSH 2644 -5.1 -0.2 SGX 775 -5.0 -0.6 SuperGroup 129 -5.0 -3.7 SIMSCI360MBePW*****9
      116 words
    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 8 DAILY
      5 words
Page thumbnail Page 9
  • Page 9 Advertisements
    • Advertisement
      Lock icon Page 9 Advertisements Column 1
      34 9 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
Page thumbnail Page 10/11
  • Page 10/11 Advertisements
    • Advertisement
      Lock icon Page 10/11 Advertisements Column 1
      182 10/11 If you ve just bought a new sedan DO NOT READ THIS AD. "sisij s T/ 1 ■mm New Passat. How an executive sedan should be. The all new Passat has all the features you'd expect from a beautifully designed, German-engineered sedan, and a few you might not, such as:
      182 words
Page thumbnail Page 12
  • Page 12 Advertisements
    • Advertisement
      Lock icon Page 12 Advertisements Column 1
      3089 12 MATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg HU AN CABLE HOLDINGS LTD. (Company Registration No: *****0320N) (Incorporated in Singapore) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Annual General Meeting of Hu An Cable Holdings Ltd. (the "Company") will be held at 168 Robinson Road, Capital Tower,
      3,089 words
    • Advertisement
      Lock icon Page 12 Advertisements Column 2
      223 12 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF KIANG HONG SHIPPING AGENCY PTE LTD (Members’ Voluntary Liquidation) Co. Reg No. *****0601E FINAL MEETING NOTICE is hereby given pursuant to Section 308 of the Companies Act, Cap. 50 that the Final General Meeting of the
      223 words
Page thumbnail Page 13
Page thumbnail Page 14
  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Aim for profitability first, SMEs told
      556 14  -  It’s more important than size, says Lee Yi Shyan, while stressing business model is the key By CHEN HUIFEN WHILE Minister of State for Trade and Industry Lee Yi Shyan is hopeful that Singapore will one day produce a multinational star of the Fortune
      556 words
    • Article
      Lock icon Govt unveils subsidy scheme for ‘green walls’
      295 14  -  Prizes for annual Skyrise Greenery Awards raised By KELLY TAY CAPITACOMMERCIAL Trust Management Limited (CCTML) yesterday opened the Central Business District’s (CBD) first and largest indoor vertical garden at Six Battery Road. Named the Rainforest Rhapsody, the vertical garden is about 2,000 square
      295 words
    • Article
      Lock icon HDB launches 1,527 flats in Jurong West, Sengkang
      355 14  -  By UMA SHANKARI THE Housing Development Board (HDB) launched 1,527 new build-to-order (BTO) flats in two projects in Jurong West and Sengkang yesterday. The projects Boon Lay Fields in Jurong West and Compassvale Ancilla in Sengkang will offer 224 studio apartments, 233
      355 words
    • Article
      Lock icon URA sales terms issued for Woodlands site
      183 14 THE Urban Redevelopment Authority (URA) yesterday released detailed sales conditions for a 60-year leasehold industrial site at Woodlands Ave 12 (Parcel 3). The 1.9 hectare land parcel on the reserve list has a maximum permissible gross plot ratio of 2.5 and is zoned
      183 words
    • Article
      Lock icon $3.5m more for employers that hire disabled
      459 14  -  The funds will also be used to raise industry awareness By CHUANG PECK MING THE government isn’t just paying lip service when it says it will offer more help to employers who hire workers with disabilities. Putting its money where its mouth is,
      459 words
    • Article, Illustration
      Lock icon Civil service urged to boost people link
      492 14  -  By LEE U-WEN SINGAPORE’S public service, as successful as it is today, could perform at an even higher level if it worked harder on improving the quality of its relationship with the people. This was the view of the head of civil service
      492 words
    • Article
      Lock icon Fines reduced for coach companies
      413 14 SIX coach companies which were fined by the Competition Commission of Singapore (CCS) have succeeded in their appeals to reduce their fines. In November 2009, 16 coach operators and their trade association, the Express Bus Agencies Association (EBAA), were fined a total of $1.69 million
      413 words
    • SINGAPORE ROUNDUP
      • Article
        Lock icon 5 more diseases added to healthcare scheme
        56 14 THE Ministry of Health (MOH) announced the extension of the Primary Care Partnership Scheme (PCPS) to cover five more chronic diseases: stroke, asthma, chronic obstructive pulmonary disease, schizophrenia and major depression from April 1. More information on how to join the scheme can
        56 words
      • Article
        Lock icon Mastercard, SMU set up MBA scholarship
        61 14 MASTERCARD Worldwide has entered a three-year collaboration with the Singapore Management University (SMU) to establish the MasterCard MBA Scholarships for Women. MasterCard will make a donation of up to $120,000 in total from 2011-2013 to support two scholarships each year, which will be awarded
        61 words
      • Article
        Lock icon SMU, NYSE to develop educational labs
        32 14 SMU yesterday announced that it is working with New York Stock Exchange (NYSE) Technologies to develop educational labs for hands-on experiences with trading processes and technologies.
        32 words
      • Article
        Lock icon PR firm announces change in leadership
        48 14 LEADING public relations and communications consultancy Burson-Marsteller yesterday announced the appointment of Steve Bowen as managing director and market leader of its Singapore office, replacing Allison Lim who was with the firm for seven years. The appointment is effective from April 4.
        48 words
  • Page 14 Advertisements
Page thumbnail Page 15
  • ENABLING EMPLOYERS AWARDS 2011
    • Article, Illustration
      Lock icon Employers with a big heart
      1276 15  -  The inaugural winners of the Enabling Employers Awards have been recognised for hiring people with disabilities and also successfully integrating them into their workforces, reports CHUANG PECK MING reports CHUANG PECK MING PEERING through the glass pane into the Kentucky Fried Chicken (KFC) outlet on
      1,276 words
    • Article, Illustration
      Lock icon The benefits of kindness
      709 16  -  CHUANG PECK MING goes behind the scenes to discover just how companies tap the full potential of persons with disabilities CHUANG PECK MING MORE employers are showing they have a big heart by hiring handicaps. But the bosses are not just being kind. Opening the doors
      709 words
    • Article
      Lock icon Training and jobs for the disabled
      516 16  -  By CHUANG PECK MING NEED help with handicaps? Here’s a guide to who you can turn to: NThe inter-agency Employment Workgroup chaired by the National Council of Social Service (NCSS). It makes it easy for the employment throughput framework for handicaps to happen. The
      516 words
    • Article, Illustration
      Lock icon Congratulating the winners
      575 18 ‘I CONGRATULATE the Enabling Employers Network (EEN) for organising the inaugural Enabling Employers Awards to recognise companies which have employed and integrated persons with disabilities (PWDs) into their workforce. The EEN brings together a group of like-minded employers to champion the employment of PWDs by working closely
      575 words
    • Article, Illustration
      Lock icon Championing the disabled’s cause
      636 19  -  Enabling Employers Network plays a key role in securing employment for a special group of people, reports CHUANG PECK MING reports CHUANG PECK MING WHILE many employers have a big heart, they tend to pause when it comes to hiring workers with disabilities. They need a
      636 words
    • Article, Illustration
      Lock icon Training gives PWDs more job opportunities
      571 19  -  By CHUANG PECK MING A KEY to getting jobs is training. This applies to all workers, including those with disabilities. The Centres of Training and Integration (CTIs) have produced their first batch of graduates. Six persons with disabilities (PWDs) have completed six months of
      571 words
  • Page 15 Advertisements
    • Advertisement
      Lock icon Page 15 Advertisements Column 1
      531 15 ■Han's Heartwarming A Toast to The established cafe and bakery is proud to receive the prestigious Leaders Award from President SR Nathan, at the first ever Enabling Employers Awards 2011 to recognise employers who have exhibited exhaustive, sustained and uncommon dedication to hiring people with disabilities. An Employer With A
      531 words
Page thumbnail Page 16
  • Page 16 Advertisements
    • Advertisement
      Lock icon Page 16 Advertisements Column 1
      834 16 I -,V\\ m "tot WEmi «=> I i RECEIVING THE "ENABLING 1/1te dedicate this Award to allthePWDs (Persons with Disabilities) in Singapore. Let us embark on the journey to greater achievements together! a The Lifetime Champions Award adds on to recent accolades accorded in 2010 Most Innovative Use of Technology
      834 words
Page thumbnail Page 17
  • Page 17 Advertisements
    • Advertisement
      Lock icon Page 17 Advertisements Column 1
      100 17 The Enabling Employers Network (EEN) is an alliance of like-minded employers who seek to champion and advance the employment opportunities for Persons with disabilities. The Enabling EmployersAwards 2011 is organised by the EEN to recognise employers’efforts in hiring, integrating and retaining Persons with disabilities into their workforces. Congratulations to the
      100 words
Page thumbnail Page 18
  • Page 18 Advertisements
    • Advertisement
      Lock icon Page 18 Advertisements Column 1
      181 18 How do you achieve inclusive growth through fair employment? How can you effectively tap on the different segments of Singapore's workforce to help you grow your business? What are the leading employment programmes and practices that will help all your employees to feel included and motivated to contribute to your
      181 words
Page thumbnail Page 19
  • Page 19 Advertisements
    • Advertisement
      Lock icon Page 19 Advertisements Column 1
      113 19 ft 1 0P S STAY DEDICATED. Holiday Inn Singapore Orchard City Centre is a proud recipient of the Enabling Employers' Lifetime Champions Award. Now more than ever, Holiday Inn Singapore Orchard City Centre is the one place where you can relax and be yourself. Just as we are dedicated in
      113 words
Page thumbnail Page 20
  • ECONOMY WATCH
    • Article
      Lock icon Firms selling bonds for share buybacks spark downgrade
      510 20 Companies taking advantage of low borrowing costs to pay out dividends Bloomberg [NEWYORK] US companies that favour shareholders over bond investors are being downgraded at the fastest pace in more than three years as they sell debt to buy back stock and
      Bloomberg  -  510 words
    • Article, Illustration
      Lock icon Community banks can ride out challenges
      497 20 Bloomberg [WASHINGTON] Federal Reserve chairman Ben Bernanke said that small and mid-sized US banks have a “vital role” in supporting the US recovery, and that he is “confident” that the firms will overcome challenges. “Community banks face substantial challenges in the months and years
      Bloomberg; REUTERS  -  497 words
    • Article, Illustration
      Lock icon Australian banks face slower growth, says RBA
      390 20 Bloomberg [SYDNEY] Australian banks will weather the financial damage from natural disasters that struck the nation this year and face a period of slower growth as borrowers show restraint, the central bank said in a twice-yearly report. While the floods and cyclone in
      Bloomberg; AFP  -  390 words
    • Article
      Lock icon Australia, NZ top ranking in fiscal responsibility
      423 20 Mounting deficits put US among troubled economies AFP [WASHINGTON] A new study names Australia and New Zealand the leaders in “fiscal responsibility” among top industrial nations while the United States plumbs the lower rankings at number 28. The Sovereign Fiscal Responsibility Index, developed
      AFP  -  423 words
    • Article
      Lock icon Brazil central bank revises rules on commercial debt
      177 20 Reuters [SAO PAULO] Brazil’s central bank on Wednesday fine-tuned rules that order commercial lenders to use less of their deposits for new credit, seeking to slow a brisk expansion in lending and tame accelerating inflation. Commercial lenders will from now on use
      Reuters  -  177 words
    • Article
      Lock icon Dubai World finalises debt deal
      312 20 It will pay off US$4b over 5 years, further US$10b over 8 years AP [DUBAI] Struggling state conglomerate Dubai World has signed a final agreement with creditors to restructure billions of dollars in debt, the city-state’s government said on Wednesday. The emirate’s media office said
      AP  -  312 words
Page thumbnail Page 21
  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon Barclays sees BNM turning hawkish on monetary policy
      621 21  -  The bank says a 25 basis points rate hike in May is increasingly likely By S JAYASANKARAN in Kuala Lumpur IN a report yesterday, Barclays Capital said it had detected a “hawkish” stance materialising in Malaysia’s central bank regarding monetary policy. That
      621 words
    • Article
      Lock icon Pertamina, PLN to build 8 mini LNG terminals
      206 21 Reuters [JAKARTA] Indonesia’s state energy firm Pertamina and state power firm PLN said yesterday that they plan to build eight mini liquefied natural gas (LNG) receiving terminals in eastern Indonesia, with a total capacity of 1.4 million tonnes a year. The plants,
      Reuters  -  206 words
    • Article
      Lock icon Indonesian Islamic banks eye govt projects
      364 21 Bloomberg [JAKARTA] Indonesia’s sya-riah-compliant banks are teaming up to take advantage of the government’s US$40 billion annual budget for development projects, the biggest in five years. PT Bank Muamalat Indonesia, the country’s sec-ond-largest Islamic bank, is seeking to boost syndicated loans fivefold this year
      Bloomberg  -  364 words
    • Article
      Lock icon Sime resolves Maersk Oil row amicably
      430 21  -  Settlement with RM100m payment seen as positive By PAULINE NG in Kuala Lumpur SIME Darby’s restructuring efforts received a pleasant boost when it amicably exited a contract with Maersk Oil Qatar (MOQ) last week with a close-out payment of RM100 million (S$41.7 million) which
      430 words
  • Page 21 Advertisements
    • Advertisement
      Lock icon Page 21 Advertisements Column 1
      218 21 W Performance Motors Limited I Sheer Driving Pleasure pml-bmw.com. sg VA ¥K T4/ BMW 7 Series ss Q THE SEVENTH PRINCIPLE OF LEADERSHIP WIELD POWER RESPONSIBLY. The defining mark of leadership is not about the power you possess, but how you wield it. True leaders never lose sight of this
      218 words
Page thumbnail Page 22
  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon China yet to feel big impact from Japan disaster
      538 22 Factories turn more active, inflationary pressure declines in March: survey Reuters [BEIJING] China’s factories stepped up a gear this month and inflationary pressure ebbed, a survey showed yesterday, suggesting that the manufacturing giant has yet to feel much fallout from Japan’s
      Reuters; REUTERS  -  538 words
    • Article
      Lock icon HSBC launches offshore yuan bond index
      390 22 Bloomberg [HONG KONG] HSBC Holdings plc has created an index of yuan-denominated bonds issued and settled outside mainland China to provide investors with a pricing benchmark as sales of the securities soar. London-based HSBC started its “HSBC Offshore Renminbi Bond Index” as expectations that
      Bloomberg  -  390 words
    • Article
      Lock icon Beijing to shift focus of its monetary policy
      276 22 Bloomberg [SHANGHAI] China will make more use of price tools to implement monetary policy and interest rates will be at the “core” of that strategy, Zhang Xiaohui, director of the monetary policy department of the People’s Bank of China, said yesterday. The
      Bloomberg  -  276 words
    • Article
      Lock icon Corruption, red tape behind India’s fake pilots scandal
      599 22 AFP [NEW DELHI] India’s fake pilot scandal began unravelling when a female captain landed her packed airliner on the nose instead of the rear wheels as she touched down in Goa. Parminder Kaur Gulati, flying for the fastestgrowing airline in the booming
      AFP  -  599 words
  • Page 22 Advertisements
    • Advertisement
      Lock icon Page 22 Advertisements Column 1
      262 22 WINE DINE AND HOSPITALITY EARTH HOUR Go GREEN GLOW In support of Earth Hour 2011, Pan Pacific Singapore will be switching off and dimming non-essential public area lightings on 26 March 2011 from 8.30pm to 9.30pm. Join us for an incandescent night. Enjoy a candlelit Earth Hour dinner at Zambuca
      262 words
Page thumbnail Page 23
  • WORLD
    • Article, Illustration
      Lock icon UK to cut corporate tax, create enterprise zones
      715 23  -  Budget plan includes jump in levy on oil industry, clampdown on tax avoidance By NEIL BEHRMANN in London BRITAIN is cutting corporate tax and creating enterprise zones to attract local and foreign investment. This feature of the UK 2011 to 2012 Budget
      BLOOMBERG  -  715 words
    • Article
      Lock icon Carlyle fund eyes buyouts in Africa
      222 23 Reuters [JOHANNESBURG] Global private equity firm Carlyle Group plans to open offices in Johannesburg and Lagos and start investing in capital growth ventures and buyouts in the fast-grow-ing region. Washington DC-based Carlyle, which has US$16.6 billion of assets under management in emerging markets, said
      Reuters  -  222 words
    • Article, Illustration
      Lock icon JBS reports Q4 loss on penalty fee, higher feed costs
      367 23 Bloomberg [SAO PAULO] JBS SA, the world’s largest beef producer, posted a loss in the fourth quarter after it paid a penalty to Brazil’s development bank for extending the deadline of the US unit’s initial public offering. The net loss
      Bloomberg; BLOOMBERG FILE PHOTO  -  367 words
    • Article
      Lock icon Google’s bid for digital bookshop, library curbed
      651 23 Google, publishers authors will reassess their options NYT [SAN FRANCISCO] Now that a judge has curtailed Google’s ambitions to create a giant digital bookstore and library, the company is left with few appealing options. Google and groups representing publishers and authors were assessing
      NYT  -  651 words
    • Article, Illustration
      Lock icon Japan will rebound before fading again, says Roach
      543 24 Big issues such as weak productivity, declining population remain unchanged Bloomberg [HONG KONG] Japan’s economy is likely to have a powerful rebound from earthquake rebuilding and then may fade into another “lost decade”, said Stephen Roach, non-executive chairman of Morgan Stanley Asia.
      Bloomberg  -  543 words
    • Article
      Lock icon Toyota to restart production this Monday
      342 24 It will focus on 3 models, the CT200h, Prius Lexus HS250h Reuters [TOKYO] Toyota Motor Corp said yesterday that it would restart production of three hybrid models on Monday after a massive earthquake this month disrupted output across the industry. Production will resume for
      Reuters  -  342 words
    • Article
      Lock icon Number of S’poreans leaving Japan drops
      116 24 [SINGAPORE] Singapore’s Ministry of Foreign Affairs says the number of Singaporeans leaving Japan has dropped significantly over the past few days. MFA will suspend deployment of the Consular Teams that have been stationed at Japan’s Haneda and Narita Airports since March 15, 2010. “We
      116 words
    • Article
      Lock icon Germany to abandon nuclear power for good
      478 24 It will spend billions on exploring uses of renewable energy AP [BERLIN] Germany is determined to take the lead in showing the world how abandoning nuclear energy can be done, betting billions on expanding the use of renewable energy to meet power demands
      AP  -  478 words
    • Article
      Lock icon Italy set to curb takeovers by foreign firms
      579 25 Aim is to protect strategic sectors; French firm’s bid for Parmalat in jeopardy R euters [ROME] Rome is poised to bolster Italian food, energy, defence and telecoms firms against foreign takeovers, in a move that could stymie a bid by French dairy
      Reuters  -  579 words
    • Article, Illustration
      Lock icon WATCH OUT
      60 25 [BASEL] A visitor is seen in silhouette at the booth of watchmaker Pierre Lanner during a preview day at Baselworld watch and jewellery fair here on Wednesday. Watchmakers gave upbeat forecasts for 2011 at the industry’s largest fair although the Arab uprisings and the deadly earthquake which hit
      AFP  -  60 words
    • Article, Illustration
      Lock icon Gupta violated confidentiality, Goldman CEO testifies
      399 25 Reuters [NEW YORK] Goldman Sachs Group Inc chief executive officer Lloyd Blank fein has testified that a former director at Wall Street’s most powerful bank violated confidentiality by leaking boardroom secrets to hedge fund manager Raj Rajaratnam. Mr Blankfein was called to testify by
      Reuters  -  399 words
    • Article
      Lock icon Iron ore pricing system still evolving: Rio
      421 25 Japan’s needs may boost iron ore, steel demand: analysts Reuters [BEIJING] Global miner Rio Tinto said the jury was still out on whether the current system of quarterly iron ore pricing would stay as more producers moved to short-er-term arrangements to reflect wild
      Reuters  -  421 words
    • Article, Illustration
      Lock icon Alonso is prepared for ‘new F1’ at Australian Grand Prix
      635 25 New tyres force teams to rewrite their race strategies Reuters [MELBOURNE] Ferrari’s Fernando Alonso expects a “new Formula One” to emerge at Sunday’s season-opening Australian Grand Prix as the change of tyre supplier will force teams to completely rewrite their
      Reuters; REUTERS  -  635 words
    • Article, Illustration
      Lock icon Nasdaq chief mulls NYSE takeover
      622 29 NYT [NEW YORK] In the nearly eight years that he has led the Nasdaq OMX Group, Robert Greifeld has made his name as a deal-maker, cleaning house at the market operator and expanding its size. That reputation faces its biggest challenge yet as analysts and
      NYT; BLOOMBERG  -  622 words
    • Article, Illustration
      Lock icon Western planes fail to stop tanks entering Misrata
      524 29 But it managed to destroy tanks on the city’s outskirts Reuters AP [TRIPOLI] Western warplanes hit military targets deep inside Libya yesterday but failed to prevent tanks from re-entering the western town of Misrata overnight and besieging its main hospital. Air strikes
      Reuters; AP; REUTERS  -  524 words
    • Article
      Lock icon Australia will repay mining royalties
      426 29 But concessions still face hurdle in national parliament Reuters [CANBERRA] Australia’s booming mining companies have won a major concession over a plan to tax their profits, potentially saving them hundreds of millions of dollars and helping cool industry opposition to the tax. In a widely
      Reuters  -  426 words
    • Article
      Lock icon Kazakhstan to mine, export rare earth metals
      207 29 Reuters [ALMATY] Kazakhstan plans to join the race to supply rare earth metals to a global market squeezed by Chinese export cuts when it launches a project with Japanese trader Sumitomo Corp to treat uranium tailings in 2012. Summit Atom Rare Earth Co,
      Reuters  -  207 words
    • Article
      Lock icon Pain in Spain might be felt across the border
      535 29 Fund managers are divided over state of the Portuguese economy Bloomberg [MADRID] The Spanish economy is in even worse shape than Portugal’s because of losses linked to real estate at the country’s banks. That’s the view of Fernando Bernad, who helps
      Bloomberg  -  535 words
    • Article
      Lock icon Yemen opposition seeks transition as rival units clash
      738 29 AFP Reuters [SANAA] An escalating an-ti-regime campaign was seeking a transition yesterday rather than more concessions from Yemeni President Ali Abdullah Saleh, as rival military units clashed for the second time this week. Yemen’s disparate opposition brushed aside new concessions as having
      AFP; Reuters  -  738 words
  • Page 23 Advertisements
    • Advertisement
      Lock icon Page 23 Advertisements Column 1
      72 23 1 /lll''lij 'Win i o< S* H "in ilVii NEW YORK PARIS TOKYO TUMI.COM 4 H in flUI 'II O 1 1 1 f 'M 1LM MANDARIN GALLERY RAFFLES CITY SHOPP THE SHOPPES AT MAI LUXURY FASHION AT ISETAN SCOTTS +65 LUXURY FASHION. CH\ +65 67 sIG CE INA B/
      72 words
Page thumbnail Page 24
Page thumbnail Page 25
  • Page 25 Advertisements
    • Advertisement
      Lock icon Page 25 Advertisements Column 1
      385 25 SMART Investment REGISTER ONLINE International Property Expo LOCAL OVERSEAS PROPERTY STOCKS FUNDS ALTERNATIVE INVESTMENT 26th (Sat) 27th (Sun) March 2011 11am 7pm Hall 404, SUNTEC Singapore International Exhibition Convention Centre ONLY FREE ENTRY www.smartexpos.com/sg H/f A selection of some of the best architectural designs most luxurious properties on display at
      385 words
Page thumbnail Page 26
  • Page 26 Advertisements
    • Advertisement
      Lock icon Page 26 Advertisements Column 1
      5157 26 MATS BUY IT• SELL IT• FIND IT Toll free: 1800-289-8822 Email: notices@sph.com.sg C CHINA NEW TOWN DEVELOPMENT COMPANY LIMITED (Incorporated as a company limited by shares under the laws of the British Virgin Islands) (Company Registration Number *****73) NEWTOWN NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the
      5,157 words
    • Advertisement
      Lock icon Page 26 Advertisements Column 2
      148 26 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF GOODHILL INDUSTRIES PTE. LTD. (Co Registration No. *****3865G) (Incorporated in Singapore) (In Members’ Voluntary Liquidation) FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap 50 that the FINAL MEETING of
      148 words
Page thumbnail Page 27
  • Page 27 Advertisements
    • Advertisement
      Lock icon Page 27 Advertisements Column 1
      2400 27 HO BEE INVESTMENT LTD (Incorporated in the Republic of Singapore) (Company Registration Number: *****2381M) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 23rd annual general meeting of the Company will be held at 12 Tannery Road #10-01, HB Centre 1, Singapore *****2 on Tuesday, 26 April 2011
      2,400 words
    • Advertisement
      Lock icon Page 27 Advertisements Column 2
      2239 27 SINGAPORE REINSURANCE CORPORATION LIMITED (Incorporated in the Republic of Singapore) Company Registration No. *****0016C NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Thirty-eighth Annual General Meeting of the Company will be held at Leo Capricorn, Level 1, Marina Mandarin Singapore, 6 Raffles Boulevard, Marina Square, Singapore *****4
      2,239 words
Page thumbnail Page 28
  • Page 28 Advertisements
    • Advertisement
      Lock icon Page 28 Advertisements Column 1
      3479 28 MATS BUY IT• SELL IT• FIND IT NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg TSIT WING INTERNATIONAL HOLDINGS LIMITED (Incorporated in Bermuda with limited liability) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Tsit Wing International Holdings Limited ("the Company") will be held at
      3,479 words
Page thumbnail Page 29
Page thumbnail Page 30
  • EDITORIAL & OPINION
    • Article
      Lock icon Aid to Japan should be carefully channelled
      479 30 EDITORIAL THE twin disasters that have hit Japan a magnitude-9 earthquake and tsunami and a nuclear crisis at Fukushima have unleashed a flood of humanitarian giving. Images of displaced elderly and children shivering at refugee centres, of women weeping for lost kin, have
      479 words
    • Article, Illustration
      Lock icon Europe, not Japan, the bigger threat to global stability
      795 30  -  THE BOTTOM LINE ROBERT SAMUELSON The Washington Post Writers Group WHILE the world has been transfixed with Japan, Europe has been struggling to avoid another financial crisis. On any Richter scale of economic threats, this may ultimately matter more than Japan’s
      795 words
    • Article, Illustration
      Lock icon Neither unilateralist nor multilateralist
      1209 30  -  Mr Obama’s policy on Libya is confusing and self-defeating, and will satisfy no one LEON HADAR Washington Correspondent US PRESIDENT Barack Obama and his foreign policy aides have been insisting that, unlike president George W Bush who had launched a unilateral attack against Iraq, the current
      AP  -  1,209 words
    • Article, Illustration
      Lock icon Don’t let fear beat nuclear science
      1603 31  -  Despite a classic once-in-a-lifetime Black Swan event, Japan’s Fukushima plant has not witnessed a meltdown AMIT ROY CHOUDHURY Technology Editor AS BATTERED Japan struggles to cool down the radioactive cores of its nuclear reactors at Fukushima Daiichi, renewed questions about the safety of nuclear
      AP  -  1,603 words
    • Article, Illustration
      Lock icon Lessons for Asia from Japan disasters
      955 31  -  ANTHONY ROWLEY Tokyo Correspondent JAPAN may have fallen behind China (as of last year) as the world’s second-largest economy behind the United States, but its continuing importance to the rest of Asia and to the global economy has been dramatically underlined by the impact
      AFP  -  955 words
Page thumbnail Page 31
Page thumbnail Page 32
  • AVIATION/SHIPPING
    • Article, Illustration
      Lock icon ‘Oprah effect’ gives Queensland a boost
      564 32  -  Number of American arrivals in Brisbane rises for first time since June last year By MALMINDERJIT SINGH in Melbourne THE disaster-ravaged Australian state of Queensland received a boost as the latest air traffic data shows an increase in domestic passengers and those from the
      564 words
    • Article, Illustration
      Lock icon Ships skip Tokyo on radiation fears
      331 32 Reuters [TOKYO] Some merchant ships may be avoiding Japan’s Tokyo port due to concerns of radiation exposure to crew members from the quake-crippled Fukushima nuclear plant, an industry official said yesterday. “I have heard from local agents that some vessels are not calling in
      Reuters; BLOOMBERG  -  331 words
    • Article
      Lock icon Qantas reluctant to cut Japan flights: report
      592 32 It doesn’t want to risk losing take-off, landing slots Bloomberg [MELBOURNE] Qantas Airways, Australia’s biggest airline, may be reluctant to match some rivals in cutting services to Japan out of concern that it may lose take-off and landing slots, according to Bank of
      Bloomberg  -  592 words
    • Article
      Lock icon Japan woes seen lifting clean oil tanker rates
      646 32 Reuters [SINGAPORE] An expected surge in demand for foreign oil products for power generation in quake-crip-pled Japan will support the clean oil tanker market in coming months to help sustain a nascent upturn in rates. Rising clean tanker rates could add to
      Reuters  -  646 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      3367 32 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
      3,367 words
  • Page 32 Advertisements
    • Advertisement
      Lock icon Page 32 Advertisements Column 1
      64 32 NOTICE LOSS OF BILL OF LADING m.v Kota Gemar GMR129 from Tianjin/Xingang to Singapore The complete set of B/L Original Signed Bill of Lading No RTJSIN*****34 dated 23-Feb-2011 for 1 X 20 container (PCIU *****27) said to contain 12 pallet of plastic closures has been reported lost. It is to
      64 words
Page thumbnail Page 33
  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      8420 33 Transaction date: Mar 24 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 30 17.5 17 17 17.5 7.8 3.6 3.6 81.4 12 4.5 A-Sonic 6.5 unch 3
      8,420 words
    • Article
      Lock icon SGX CATALIST
      1558 34 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 160 157 167 94.9 1.5 0.5 t Advanced System 0.5
      1,558 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      9648 34 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.32/ APS Alpha Fund (USD)!** 1.05/ 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
      9,648 words
    • Article
      Lock icon GLOBALQUOTE
      247 34 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 56 38 AVJennings A52cd +1.5 10 53.5 52 52 55 3.6 6.7 4.2 135.4 55 16 Genting HK US$ US42 unch ***** 42.5 41.5 41.5 42 2765.5
      247 words
    • Article
      Lock icon SGX ETF
      817 34 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 124 108 ABF SG Bond ETF 112.5 111.5 113 513.5 1070 761 CIMBAsean40 100US$ US1025 +7 21 1026 1025 1025 1030 41 350 270 DBS STI
      817 words
Page thumbnail Page 34
Page thumbnail Page 35
  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      374 35 In local curr In S$ In US$ dy yr dy yr dy yr Mar 23 Index Change Change Change Change Change Change World Index Preliminary 906.1 0.1 0.9 0.1 1.0 -0.1 2.3 EAFE Preliminary 789.4 0.2 -1.4 0.0 0.1 -0.2 1.3 Europe Preliminary 1166.0 0.5
      374 words
    • Article
      Lock icon INTERBANK RATES
      177 35 Mar 24 $S Offer Bid 0vernight 0.02 par 1-month 5/16 1/16 2-months 3/8 1/8 3-months 7/16 3/16 Overnight mode: 0.02 US$ Offer Bid 7 days 0.30 0.20 1 month 0.38 0.28 2 months 0.43 0.33 3 months 0.48 0.38 6 months 0.58 0.48 9 months 0.80 0.60 12
      177 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      23 35 Mar 24 S$ S$ Bid Offer 1-month 1.2639 1.2640 2-months 1.2637 1.2638 3-months 1.2636 1.2637 6-months 1.2630 1.2632 Source: OCBC
      23 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      123 35 Mar 24 As at 9am Mar 24 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.323 1.249 Can dollar 1.312 1.262 Euro 1.816 1.747 Sterling pound 2.092 2.012 NZ dollar 0.967 0.921 US dollar 1.283 1.234 Local dollars to 100 units
      123 words
    • Article
      Lock icon STOCK INDEX FUTURES
      29 35 Mar 24 Open High Sett STI Mar 3030 3030 3043 SIMSCI Mar 358.6 361.3 360.7 Taiwan Mar 301.0 304.9 304.1 Source: MF Global (S) Pte Ltd
      29 words
    • Article
      Lock icon PALM OIL
      65 35 Mar 24 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Apr 11 3300 3323 3323 3222 526 2982 May 11 3305 3292 3305 3185 6846 ***** Jun 11 3287 3270 3287 3163 ***** ***** Jul 11 3275 3255
      65 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      487 35 Mar 24 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Jun11 99.6150 0 1837 Sep11 99.5250 0 4375 Dec11 99.4050 0 2675 Mar12 99.2000 0 301 EUROYEN TIBOR FUTURES Jun11 99.6700 0 2823 Sep11 99.6675 0 1373 Dec11 99.6600 99.6600 99.6600 99.6575 0 1936 Mar12 99.6500 99.6500
      487 words
    • Article
      Lock icon SICOM FUTURES
      140 35 Mar 24 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Apr 11 572.0 560.0 572.0 107 May 11 571.0 571.0 568.3 4 Jun 11 571.0 570.0 568.3 14 Jul 11 566.3 Aug 11 562.0 Sep 11 560.0 560.0 545.7
      140 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      75 35 Mar 24 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****Z 23.06.2011 0.24 1-Year BY*****N 01.11.2011 0.35 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0V 1.625 01.04.2013 102.48 5-Year N*****0S 2.875 01.07.2015 108.10 10-Year NY*****N 3.250 01.09.2020
      75 words
    • Article
      Lock icon CHICAGO BOT
      107 35 Mar 23 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low May 11 1351.25 1365.50 1372.00 1350.00 Jul 11 1361.00 1375.00 1381.75 1360.00 Aug 11 1357.50 1370.50 1375.00 1357.00 Sep 11 1345.00 1356.50 1361.00 1345.00 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low May 11 55.48
      107 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      77 35 CRUDE OIL PRODUCTS Mar 23 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 116.04 0.05 WTI (Near Mth) 105.17 0.74 Dubai (1-Mth F) 109.87 1.33 Tapis blend 121.00 0.85 Minas 118.70 1.55 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 108.11 0.78 Jet Kerosene 134.20 1.45 US$/barrel Opec Oil
      77 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      2784 35 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left AFP Properties EW*****8 20.5 -0.5 480 1 10 -13 1.71 56 Asia-Pacific Strategic W*****6 23.5 -2.5 17 1 150 8 6.81 38 ASJ Hldgs W*****1 1 1 4 11 4.50 11
      2,784 words
    • Article
      Lock icon INTERBANK CROSS RATES
      464 35 Mar 24 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.994 6.646 0.720 7.896 45.350 88.365 0.819 11.355 3.068 1.356 86.400 43.992 1.280 7.025 0.924 29.961 30.687 0.625 1.013 Canada 1.006 6.690
      464 words
    • Article
      Lock icon SIBOR
      85 35 Mar 24 (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$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths
      85 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      156 35 Mar 24 Against US$ Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2801 1.2808 1.0127 1.0132 Canadian dollar 1.2883 1.2891 1.0193 1.0198 Euro 1.7787 1.7790 1.4072 1.4073 NZ dollar 0.9434 0.9445 0.7464 0.7472 Sterling pound 2.0494 2.0499
      156 words
    • Article
      Lock icon LIFFE
      83 35 Mar 23 COCOA (£/tonne) Close Prev High/Low May 11 2089 unch 2118/2076 Jul 11 2089 2085 2112/2074 Sep 11 2089 2086 2112/2075 Dec 11 2096 2093 2119/2084 COFFEE (US$/tonne) Close Pev High/Low Mar 11 2505 2536 2505/2504 May 11 2538 2569 2574/2522 Jul 11 2401 2433 2445/2395 Sep 11
      83 words
    • Article
      Lock icon PRECIOUS METALS
      140 35 Mar 24 GOLD (US$/oz) Mar 24 Mar 23 Hong Kong 1439.00 1429.20 Mar 23 Mar 22 London 1438.55 1425.75 1439.35 1426.45 Source: Thomson Reuters Source: Reuters CAST BAR Mar 24 (S$) Selling Buying Kilobar 62,592.86 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 140 58 5gm 398 292
      140 words
    • Article
      Lock icon LONDON METALS
      71 35 Mar 23 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2601.75 2572.50 3 months 2631.00 2600.00 Copper, Grade A (US$/tonne) Cash 9718.50 9482.50 3 months 9727.00 9490.00 Lead (US$/tonne) Cash 2742.50 2697.00 3 months 2716.00 2670.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00
      71 words
Page thumbnail Page 36
  • Article
    Lock icon SHIPPING TIMES
    6040 36 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
    6,040 words
  • Page 36 Advertisements
Page thumbnail Page 37
  • Page 37 Advertisements
    • Advertisement
      Lock icon Page 37 Advertisements Column 1
      46 37 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
      46 words
Page thumbnail Page 38
  • Page 38 Miscellaneous
    • Miscellaneous
      Lock icon Page 38 Miscellaneous Column 1
      323 38 CRYPTIC CROSSWORD Across 1 Chicken and fish having inside uncooked sent back (6) 4 King in London area admitted minimum kind of staff (8) 9 OK position for footballer, forward leading team (6) 10 Religious leader to live with new order (8) 11 What slows horse-drawn vehicle? An insect (9)
      323 words
  • executive lifestyle
    • PURSUITS
      • Article, Illustration
        Lock icon No tweets in church, please
        880 38  -  Do not touch the queen, dictates royal etiquette for guests, writes MEERA SELVA writes MEERA SELVA AP DON’Tgivethequeen a friendly hug and don’t tweet from the church. That’s just the start of the advice being offered to those attending Britain’s April 29 royal wedding. St
        AP  -  880 words
      • Article, Illustration
        Lock icon Halo prequel off to slow start
        643 38  -  By CHRISTOPHER LIM THE last decade in the world of video games has proven that a promising premise matters far less than savvy execution. 2007’s Hellgate: London was one of the most promising failures to ever grace the gaming world. It featured armoured knights
        643 words
      • Article
        Lock icon Looking beyond the obvious
        786 38  -  WINE By N K YONG ADMIRING, appreciating and enjoying great wines is a luxury and a rare privilege. To enjoy in one evening wines of the pedigree of Coche Dury’s 1992 Corton Charlemagne, Rouget’s 1997 Echezeaux, Leroy’s 1990 Romanee SaintVivant,and Rousseau’s1990Chambertin is like finding the proverbial
        786 words
      • Article, Illustration
        Lock icon Click to burn rubber
        707 38  -  Need For Speed Hot Pursuit (Limited Edition) and Nail’d GAMING REVIEW By MELISSA LWEE THE rule of thumb for nearly every racing game is simple: to get from point A to point B in the fastest time possible. It’s a formula that works because it makes
        707 words
    • STYLE/ARTS
      • AROUNDTOWN
        • Article
          Lock icon Singapore outlets do their part
          477 39 COMPANIES throughout the island are setting up contribution boxes and making pledges to raise funds for Japan. Shopping at Uniqlo this month will see your contribution to retail profit go wholly to disaster relief efforts, for example. Its distributor, Wing Tai Retail, is also partnering
          477 words
        • Article
          Lock icon Face-off in art
          164 39  -  Compiled by CHEAH UI-HOON Who says watching paint dry is boring? Next Wednesday night, four artists will have a face-off where they paint 10m x 2.5m of a wall at The Hall, Old School at Mount Sophia. The programme is a “sudden death” tournament where two street
          164 words
      • Article, Illustration
        Lock icon Timeless style icon
        841 39  -  Elizabeth Taylor’s tiny waist, velvet eyes and dress sense made her the trendsetter of her time, writes SAMANTHA CRITCHELL TRIBUTE writes SAMANTHA CRITCHELL AP ELIZABETH Taylor was the antithesis of today’s Hollywood fashion icon, who is eager to be seen as everywoman. She was always dressed like
        AP; PHOTO: REUTERS  -  841 words
    • ARTS
      • Article, Illustration
        Lock icon Musical melting pot melts hearts
        377 40  -  By LYNN KAN IT WAS for the best that local composer Iskandar Ismail’s newest work, Selamat, debuted overseas in the music halls of downtown Cape Town instead of Singapore, where its commentary on cultural clashes might have been even more lost on the crowd. Selamat
        377 words
      • Article, Illustration
        Lock icon Weaving words with magic
        807 40  -  South African storyteller Gcina Mhlophe shares her tales of human triumph over adversity so that you can tell your own, reports CLARISSA TAN reports CLARISSA TAN GCINA Mhlophe shoes kicked off, legs tucked comfortably under her bum as she sits on a sofa in the guest
        807 words
      • Article, Illustration
        Lock icon Fright night with the Merlion
        759 40  -  By CLARISSA TAN AT the risk of sounding unpatriotic, why does our Merlion look so grim? Its face is stern, its jaws bared to reveal decidedly unfriendly fangs, its nostrils flare as though in eternal disapproval. Popular as it may be with the throngs of
        SINGAPORE BIENNALE  -  759 words
      • Article, Illustration
        Lock icon Marrying love with comedy
        482 40  -  By DYLAN TAN MARRIAGE is no laughing matter; that’s why Marriage Central, a one-stop resource point for couples in love under the National Family Council, is serious about spreading that message... with a dose of comedy. The culmination of Real Love Works, their annual week-long celebration
        482 words
    • FESTIVALS AROUND THE WORLD
      • Article, Illustration
        Lock icon Gathering of jokers
        1032 41  -  The Melbourne International Comedy Festival, which begins next week, has something to tickle every funny-bone, says CAROL CHAN CAROL CHAN Brought to you by Ascott MELBOURNE, often dubbed the cultural capital of Australia, has been consistently ranked by The Economist as one of the world’s most livable
        PHOTOS FROM THE MELBOURNE  -  1,032 words
    • MUSIC
      • Article, Illustration
        Lock icon Wake Up to Legend
        706 42  -  R&B star John Legend will perform tracks from his latest album Wake Up! and reggae livewire Michael Franti debuts at Timbre’s Rock Roots fest, writes CHRISTOPHER LIM writes CHRISTOPHER LIM TIMBRE’S annual Rock Roots festival has always brought an eclectic mix of music that falls under
        706 words
      • Article, Illustration
        Lock icon Long live Queen
        865 42  -  CD REVIEWS By CHRISTOPHER LIM BANDS changing record labels usually mean little to fans, but when the group is Queen, and the label is a big player out to make a statement, things are a little different. Universal Music is remastering and re-releasing Queen’s entire discography in
        865 words
      • Article, Illustration
        Lock icon Carmen gets 3-D update
        486 42 DON’T worry about showing up in your jeans if you’re planning to catch one of the world’s best-loved operas, Carmen, opening here next week. Leave the binoculars at home as well because with the pair of 3-D glasses that you will be handed at the door,
        486 words
      • Article, Illustration
        Lock icon Stellar outing by music’s best
        563 42  -  By CHRISTOPHER LIM NEITHER kidney stones nor blindness could keep musicians off the Esplanade Concert Hall stage when this year’s Mosaic Music Festival came around. Veteran jazz bass player Charlie Haden played a full set with his Quartet West members on March 12 in spite
        PHOTOS: THE ESPLANADE  -  563 words
    • CINEMA
      • Article, Illustration
        Lock icon Street-savvy legal eagle
        693 43  -  Matthew McConaughey keeps abs discreetly out of sight while defending lowlife and assorted scumbags from his vintage car in The Lincoln Lawyer, reviews DYLAN TAN reviews DYLAN TAN ADAPTED from crime-report-er-turned-novelist Michael Connelly’s best-selling novel of the same name, The Lincoln Lawyer is one-part CSI and one-part
        PHOTOS: LIONSGATE FILMS  -  693 words
      • Article, Illustration
        Lock icon Writer-director’s clay feat
        573 43  -  By GEOFFREY EU ONCE in a long while, a film comes along that is difficult to classify but easy to appreciate. Mary and Max may be a stop-motion animated film starring a clutch of simple clay figures, but it is also a moving, whimsical and emotionally complex
        PHOTOS: GETTY IMAGES, ADAM ELLIOT PICTURES  -  573 words
      • Article, Illustration
        Lock icon News sunny-side up
        494 43  -  By GEOFFREY EU FOR Becky Fuller (Rachel McAdams), life is nothing but a series of sunny side-ups, cooked with a big smile and served with a large helping of boundless enthusiasm. Becky, the title character in Morning Glory, is a smart and sassy TV producer on a
        PARAMOUNT PICTURES  -  494 words
      • Article, Illustration
        Lock icon Guns and poses bang on target
        509 43  -  By DYLAN TAN THE knockout blow from Zack Snyder’s epic action fantasy, Sucker Punch, comes late in the movie and depending on your patience, the payoff might or might not be worth it. Then again, unlike most films which tend to be let down
        WARNER BROS  -  509 words
      • Article, Illustration
        Lock icon Slick vampire tale
        583 43  -  DVD REVIEW By CHRISTOPHER LIM BEFORE the self-conscious teenage angst of Twilight and the ditzy sexuality of True Blood swept the world, there was Swedish vampire film Let The Right One In. Its American remake, Let Me In, is a nice reminder that sometimes less is more
        583 words
    • Article, Illustration
      Lock icon Business with an arts handshake
      2004 44  -  Spotlight Singapore, a business forum that makes an introduction through the arts, provides a softer landing for Singapore businesses sussing out new markets such as South Africa and Russia, reports LYNN KAN reports LYNN KAN IT WAS not a situation that local entrepreneur, Jeffrey Seah,
      2,004 words
Page thumbnail Page 39
  • Page 39 Advertisements
    • Advertisement
      Lock icon Page 39 Advertisements Column 1
      202 39 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/;«:■- c: S !l-
      202 words
Page thumbnail Page 40
  • Page 40 Advertisements
    • Advertisement
      Lock icon Page 40 Advertisements Column 1
      40 40 tabla! THE HEARTBEAT OF THE INDIAN COMMUNITY Bihar bounces back Economy is up, crime is down and NRIs are investing, thanks to good governance Sonakshi's okay with 'older men' GET YOUR COPY TODAY FROM ALL 7-ELEVEN OUTLETS WHILE STOCKS LAST
      40 words
Page thumbnail Page 41
  • Page 41 Advertisements
    • Advertisement
      Lock icon Page 41 Advertisements Column 1
      147 41 'kl WW THE Make Yourself at Home ASCOTT LIMITED A Member of CapitaLand Take time to unwind, for a few nights or more. Being away doesn't mean you have to miss the comforts of home. Feel free to stock up the fridge and indulge your kids with their favourite snacks.
      147 words
Page thumbnail Page 42
Page thumbnail Page 43
Page thumbnail Page 44