The Business Times, 7 May 2011

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Microfilm: NL31341
Total Pages: 50
1 20 The Business Times
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  • Title Section
    Lock icon Masthead
    11 1 weekend THE BUSINESS TIMES www.businesstimes.com.sg MAY 7-8, 2011 S$1.00 MICA(P) 139/08/2010
    11 words
  • Article
    Lock icon Time to renew compact: PM Lee
    31 1 ge 2011 SINGAPOREANS have ‘trusted and supported’ PAP governments for the last 50 years, and the party has always upheld this trust, he says. 2
    31 words
  • Article
    Lock icon Time to remake S'pore: Opposition
    36 1 ge 2011 IN their final pitch to voters on TV last night, the six opposition parties urged Singaporeans to vote them in to remake and ensure the country’s long-term future. 2
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  • Article
    Lock icon Private sector hiring at 5-year high
    35 1 us data US employers shrugged off high energy prices to add jobs at the fastest pace in five years in April, pointing to underlying strength in the economy. 7
    35 words
  • Article
    Lock icon Mother's Day means business
    28 1 retail boost RESTAURANTS, hotels and florists are gearing up to meet the festive rise in demand, with many offering promotions over the weekend. 8
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  • Article
    Lock icon Chastened oil bulls pause to reflect
    586 1  -  Cooling-off day in S’pore elections has another meaning for traders caught in a perfect storm By Ronnie Lim ronnie@sph.com.sg Singapore THE dramatic 10 per cent plunge in crude oil prices on Thursday saw many oil traders here being “caught long”. They had bet that
    586 words
  • Article, Illustration
    Lock icon Gen-Y out of the bottle, into corporate hot seats
    1190 1  -  By Joyce Hooi joyceh@sph.com.sg Singapore THEY have returned to the family fold with their immaculate overseas credentials. Their manners impeccable, they know when to kiss you bonsoir on both cheeks and when to play hardball on the factory floor. Literally the
    ARTHUR; PHOTOS BY ARTHUR LEE  -  1,190 words
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  • TOP STORIES
    • Article, Illustration
      Lock icon A time to renew people-govt compact: PM
      556 2  -  The PAP has renewed itself, updated policies and progressively changed approach to govt By Lee U-Wen leeuwen@sph.com.sg Singapore THE elections are a time to “renew the compact” between the people and the government, said Prime Minister Lee Hsien Loong last night. He said
      AP  -  556 words
    • Article
      Lock icon Opposition urges voters to remake Singapore
      542 2  -  By Anna Teo anna@sph.com.sg Singapore IN their final pitch to voters on TV last night, the six opposition parties urged Singaporeans to vote them in to remake and ensure the country’s long-term future. Workers’ Party chairman Sylvia Lim reiterated that the “First WorldParliament”whichherparty advocates
      542 words
    • Article
      Lock icon MARKETS
      140 2 H STI 3,099.52 (-10.33) H STI FUTURES 3,090 (-9) H SIMSCI 363.29 (-1.13) G SIMSCI FUTURES 361.50 (+0.10) STOCKS Friday Change KL COMP 1,515.50 -5.68 NIKKEI 225 9,859.20 -145.00 HANG SENG 23,159.14 -102.47 SET 1,050.85 -23.02 JAKARTA 3,798.55 -17.72 MANILA 4,219.07 -29.61 KOSPI 2,147.45 -33.19 SHENZHEN B 788.04 +2.56
      140 words
    • Article, Illustration
      Lock icon Driving metaphor most enduring in hustings
      421 4  -  From ‘spare tyre’ to ‘co-driver’, the PAP and the Opposition sought to trump each other’s key messages By Teh Shi Ning tshining@sph.com.sg Singapore IN a campaign season chock-full of tiger, marriage and other metaphors, it was driving that ran on the longest as parties
      421 words
    • Article
      Lock icon Optus wins A$200m high-speed Internet access contract
      316 4  -  By Winston Chai winstonc@sph.com.sg Singapore SINGAPORE Telecommunications’ Australian subsidiary Optus has clinched a A$200 million (S$264 million) deal to provide residents in rural parts of the country with high-speed Internet access. The five-year contract was awarded to Optus by the National Broadband Network
      316 words
    • Article
      Lock icon Seems it’s easier for women to enter politics than the boardroom
      501 5  -  Focus deemed narrower, more bottom-line driven in the corporate world By Jamie Lee leejamie@sph.com.sg Singapore WOMEN have been pushed to battle on their own in this year’s General Election (GE), begging the question whether the road to the boardroom
      501 words
    • Article
      Lock icon PAP’s poll score and the STI a month after
      301 5  -  By Jamie Lee leejamie@sph.com.sg Singapore THE bets on this year’s General Election (GE) results aren’t confined to office betting pools. If punters believe that the People’s Action Party (PAP) will secure a higher percentage of votes, they can take advantage of
      301 words
    • Article
      Lock icon I made no posting on Facebook on Cooling-off Day: Pei Ling
      187 5 PEOPLE’SActionParty(PAP)candidate Tin Pei Ling told Channel NewsAsia (CNA) yesterday that she had not posted anything on her Facebook page on Cool-ing-off Day. Her response came after netizens circulated a screen shot showing a comment posted on her Facebook page
      187 words
    • Article
      Lock icon Viking’s new marauder on the prowl
      633 6  -  Jason Ong appears to have developed a relish for the marine industry even the rough-and-tumble of it By Joyce Hooi j oyce h @s p h .co m .sg Singapore JASON Ong, 31, has been rattling about China as Viking Offshore and Marine’s new
      633 words
    • Article, Illustration
      Lock icon Private sector hiring hits 5-year high in April
      658 7 268,000 new jobs created, the most since February 2006 latest us data Reuters Washington US private employers shrugged off high energy prices to add jobs at the fastest pace in five years in April, pointing to underlying strength in the economy, even
      Reuters; AFP  -  658 words
    • Article, Illustration
      Lock icon KL defends 1 Malaysia email project in ad blitz
      519 7  -  By S Jayasankaran btworld@sph.com.sg Kuala Lumpur THE Malaysian government went on an advertising blitz in newspapers yesterday to defend the controversial 1Malaysia email project. Fronting the full-page advertisements, Minister in the Prime Minister’s Department Idris Jala argued that government estimates indicated
      BLOOMBERG  -  519 words
    • Article
      Lock icon Mother’s Day weekend means business
      553 8  -  Besides voting in the GE today, Singaporeans will be out to toast the women in their lives By Rebecca Liu, Wong Su-Jin rebeccal@sph.com.sg sujinw@sph.com.sg Singapore EXCITEMENT for this weekend is brewing within Singapore’s households, and not just because of Polling Day today. Tomorrow is Mother’s
      553 words
    • Article, Illustration
      Lock icon Special treats await on Mother’s Day
      386 8  -  By Enya Lim enyalim@sph.com.sg Singapore HOLIDAYS, craft workshops, and television dramas may seem less than typical fare for Mother’s Day festivities. More often than not, an eat-all-you-can buffet lunch, or dinner at a nice restaurant, is what folks opt to treat their mums to.
      386 words
    • Article
      Lock icon Correction
      53 8 IN “zouk: Cleantech is where the party is” (BT,May 6), we saidthat the Economic Development Board has a stake in one of the zouk-backed firms Triton Water. This is incorrect. It is EDB Investments, the independent equity investment arm of the Economic Development Board, that does. We are sorry
      53 words
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      Lock icon Page 2 Advertisements Column 1
      56 2 CONTENTS NEWS Top Stories 2-8 Raffles Conversation 10-11 Week in Review 12 Companies 13-15 From The Desk Of 16 Singapore 17-18 World 19-22 Stocks Stats 23-27 Perspective 28-29 Wealth 30-33 Show Me The Money 33 Househunt 34 Real Estate 35 LIVING Dining L2-5 Gadgets L6 Luxe Life L7-14 Health L15
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  • Page 3 Advertisements
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      Lock icon Page 3 Advertisements Column 1
      358 3 J7— Discover a new benchmark of luxury Experience the full splendour of life. A new benchmark of luxury living on the celebrated East Coast, Silversea Elan opens up a sea of luxuries. Amidst stunning views of the sparkling South China Sea, exquisite finishes and fittings create a residence of style
      358 words
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  • Page 5 Advertisements
    • Advertisement
      Lock icon Page 5 Advertisements Column 1
      274 5 Singapore Medical Specialists Centre One Day One Stop One Centre Prevent Heart Attacks, Stroke and Cancers Do you have chest pain or breathlessness? Do you have loss of appetite or decrease in weight? Do you have headaches, weakness or dizziness? Do any of your family members have heart disease, stroke
      274 words
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  • Page 9 Advertisements
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      Lock icon Page 9 Advertisements Column 1
      2786 9 CDW HOLDING LIMITED (Incorporated in Bermuda) (Bermuda Company Registration No. *****) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of CDW Holding Limited (“the Company”) will be held at Prince 2, Level 13, Copthorne King’s Hotel, 403 Havelock Road, Singapore *****2 on Tuesday, 31
      2,786 words
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  • THE RAFFLES CONVERSATION
    • Article, Illustration
      Lock icon The celluloid storyteller
      2125 10/11  -  brimming with stories, filmmaker Shekhar Kapur says he may never make another movie again; or he might just find another way to tell them. By Dylan Tan By Dylan Tan dylantan@sph.com.sg RARE for someone his age, Indian filmmaker Shekhar Kapur embraces technology. The 65-year-old tweets regularly and
      ARTHUR LEE  -  2,125 words
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  • WEEK IN REVIEW/WEEK AHEAD
    • THIS WEEK May 2-6, 2011
      • Article
        Lock icon Our job is to create jobs, says PM
        64 12 THE People’s Action Party will continue to ensure good jobs for both present and future workers, which is the prime responsibility of any government, said Prime Minister Lee Hsien Loong in his Labour Day speech on Sunday. Mr Lee said that voters
        64 words
      • Article
        Lock icon Airports on high alert as Osama’s killed
        48 12 OSAMA bin Laden is dead. The elusive mastermind behind the devastating Sept 11, 2001 terrorist attacks that led the United States into war in Afghanistan and Iraq was slain in his luxury hideout in Pakistan in a firefight with US forces.
        48 words
      • Article
        Lock icon S'pore a magnet for VCs – or is it?
        41 12 S'pore a magnet for VCs or is it? SINGAPORE’S appeal to venture capitalists and private equity investors continues to grow a new report lists the Republic as fourth in terms of attractiveness, after the United States, the United Kingdom and Canada.
        41 words
      • Article
        Lock icon George Yeo 'too important' for Cabinet to lose: SM Goh
        67 12 AS one of three core members in the current leadership team set to take Singapore forward, Foreign MinisterGeorge Yeo is “too important” for the Cabinet to lose, should he be voted out in Saturday’s elections. At a walkabout, Senior Minister
        67 words
      • Article, Illustration
        Lock icon Different style for different times, says PM
        99 12 PRIME Minister Lee Hsien Loong on Tuesday said “sorry” more than once for issues that his team could have handled better over the past five years like the Orchard Road floods and the Mas Selamat escape. Under his watch, he stressed, if the
        FILE PHOTO  -  99 words
      • Article
        Lock icon Prices of second-hand business jets go into a tailspin
        41 12 PRICES of second-hand business jets have plunged to their lowest levels in recent memory. Worst hit are small and medium-sized executive aircraft such as Learjet, Cessna and Hawker (which have 6-9 seats).
        41 words
      • Article
        Lock icon Power flows through the bowels of the earth
        61 12 SINGAPORE is embarking on the nextmajorphase potentiallycosting billions of dollars of an ex-tra-high-voltage underground power transmission network. This kicks off with the building of two extensive high-voltage underground cable tunnels comprising a 16.5-kilometre east-west stretch to connect power stations in the west
        61 words
      • Article
        Lock icon To keep VIP share, Sands may operate junkets
        76 12 MORE than 30 junket-operating licence applications are believed to bebefore Singapore’s CasinoRegulatory Authority and Las Vegas Sands Corp wants a piece of the action. LVS, which now derives most of its revenue growth from Asia, is “certainly in the line to be
        76 words
      • Article
        Lock icon PM Lee reaches out to netizens in Facebook chat
        71 12 AT the onset, Prime Minister Lee Hsien Loong had one disclaimer: “This is my first time doing this, so please don’t flame me, I’m a newbie. That was how he kicked off a lively hour-long chat on Facebook with scores of
        71 words
      • Article
        Lock icon Parties battle for Aljunied, Gen-Y hearts
        65 12 THE last salvos of the campaign have been fired in the defining battle for Aljunied and the fight for young hearts. On the last night of rallies before votes are cast, the ruling People’s Action Party made an impassioned call for the support of
        65 words
      • Article
        Lock icon Iskandar bets big on designer discount outlet
        74 12 THE Iskandar Regional Development Authority is looking to the opening of the much-awaited Johor Premium Outlet (JPO) with a mixture of anticipation and trepidation. There is anticipation because the international designer discount outlet is expected to give fledgling Iskandar Malaysia a timely boost
        74 words
    • Article
      Lock icon NEXT WEEK May 9-13, 2011
      92 12 US DATA May 10 April import/export prices May 11 March international trade figures May 12 April producer price index and retail sales May 13 April consumer price index SINGAPORE DATA May 13 March retail sales and food and beverage services indices EVENTS May 9 Washington
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  • Page 12 Miscellaneous
    • Miscellaneous
      Lock icon Page 12 Miscellaneous Column 1
      283 12 CRYPTIC CROSSWORD Across 1 One abandoned by players on opponent’s ground (8) 6 Bet he’s in command (6) 9 Horrified at being cut by jagged gash (6) 10 A lunatic, crazy about boats (8) 11 In the main, it’s classed as vermin (5,3) 12 Aerial I’d put back on mast
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    • Miscellaneous
      Lock icon Page 12 Miscellaneous Column 2
      17 12 SATURDAY with Ludwig ‘It’s Carpal Tunnel Syndrome likely as a result of excessive handshaking during election campaign...’
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  • COMPANIES
    • Article
      Lock icon UOB’s Q1 net profit falls 12.6% to $612m
      523 13  -  Its performance reflects record low interest rates, higher costs and lack of a one-time gain By Siow Li Sen lisen@sph.com.sg Singapore UNITED Overseas Bank yesterday posted a 12.6 per cent year-on-year (y-o-y) drop in first-quarter net profit to $612 million. Its performance
      523 words
    • Article, Illustration
      Lock icon M&C Q1 net up 15.6% to £14m
      597 13  -  By Kalpana Rashiwala kalpana@sph.com.sg Singapore MILLENNIUM Copthorne Hotels (M&C), the London-listed hotel unit of Singapore-listed property giant City Developments Ltd, posted net profit of £14.1 million (S$28.5 million) for the first quarter ended March 31, 2011, up 15.6 per cent from £12.2 million
      FILE PHOTO  -  597 words
    • Article, Illustration
      Lock icon CapitaLand appoints Lim Ming Yan as COO
      299 13  -  By Uma Shankari shankari@sph.com.sg Singapore CAPITALAND has appointed Lim Ming Yan the chief executive of its service apartment unit The Ascott Ltd as the group’s overall chief operating officer (COO). This is the first time that the real estate company has appointed a
      299 words
    • Article, Illustration
      Lock icon Stocks weighed down by weak external sentiment
      579 14  -  stocks R Sivanithy sivan@sph.com.sg Senior correspondent ITHASN’Tbeenaparticu-larly good week for local stocksintherun-uptoto-day’s General Election (GE) with the Straits TimesIndex(STI)fallingfiveconsecutive days, losing 80 points or 2.5 per cent along the way to finish at 3,099.52. Of this, 10.33 points came yesterday as sentiment was
      579 words
    • Article
      Lock icon TOP 20 ACTIVES
      110 14 VOL CLOSE GoldenAgri 46,469 65.5 0.5 0.8 GentingSP 36,188 210 -1.0 -0.5 HPHTrustUS$ 31,092 90.5 1.2 1.1 NobleGrp 29,889 206 -1.0 -0.5 Dyna-Mac 28,271 62.5 -0.5 -0.8 LafeCorp 20,575 7.5 0.0 0.0 TuanSing 20,114 37.5 0.0 0.0 Infinio 19,101 1 0.0 0.0 Yangzijiang 18,813 171 -2.0 -1.2
      110 words
    • Article
      Lock icon TOP GAINERS
      61 14 BY CENTS CLOSE UP DBXT AUD Bonds 5AU$ ***** 312.1 1.5 DBXT Nifty 10US$ ***** 90.3 0.6 DBXT E50 10US$ 4678 65.6 1.1 SIA 200 1432 42.0 3.0 Jardine C&C 3678 38.0 1.0 SIA 1438 36.0 2.6 DBXT S&P Short 10US$ 4187 33.4 0.6 CityDev 1124 24.0 2.2
      61 words
    • Article
      Lock icon TOP LOSERS
      65 14 BY CENTS CLOSEDOWN DBXT DBLCI-OY 5US$ 4066 -321.5 -6.0 GLD 10US$ ***** -265.9 -1.5 Lyxor MS India 10US$ 1622 -137.3 -6.4 DBXT MSKorea 10US$ 6428 -124.9 -1.5 DBS Bk 4.7% NCPS 100 ***** -120.0 -1.1 Lyxor LatinAmerica 1 885 -50.7 -4.4 DBXT MSTHAI 10US$ 1681 -39.6 -1.9 Lyxor
      65 words
    • Article
      Lock icon STI STOCKS
      110 14 Stock name Close Change CapMallsAsia 1.690 CapitaLand 3.280 CapitaMall 1.890 +0.010 CityDev 11.240 +0.240 ComfortDelGro 1.470 -0.010 DBS Grp 14.500 -0.120 F&N 6.190 -0.050 GLP 1.990 +0.010 Genting SP 2.100 -0.010 Golden Agri 0.655 +0.005 HK Land 7.350 -0.150 JMH 47.940 -0.160 JSH 29.000 -0.160 Jardine C&C 36.780
      110 words
    • Article
      Lock icon Heng Long advises trading caution
      273 14  -  By Mindy Tan tanmindy@sph.com.sg Singapore LOCAL tannery Heng Long International yesterday advised shareholders to exercise caution when dealing in the company’s shares. The company issued a statement noting that “its substantial shareholders have been approached with a non-binding ex- pression of interest in a possible
      273 words
    • Article
      Lock icon Property development pays off for Wee Hur
      262 14  -  By Maxie Aw Yeong maxieay@sph.com.sg Singapore CONSTRUCTION and property developer Wee Hur Holdings’ net profit for the first quarter surged 90 per cent to $10.2 million from last year’s $5.4 million, due to strong growth in its property development business. Its revenue for
      262 words
    • Article
      Lock icon Cosco’s Q1 net profit up 17% to $37m
      385 15  -  Turnover rises 21% to $1.01b, boosted by growth in shipbuilding and marine engineering By Joyce Hooi joyceh@sph.com.sg Singapore COSCO Corporation (Singapore) has posted a 17 per cent increase in net profit for its first quarter ended March 31, 2011, from $31.7 million
      385 words
    • Article
      Lock icon IndoAgri moves closer to listing of subsidiary
      368 15  -  By Felda Chay feldac@sph.com.sg Singapore INDOFOOD Agri Resources (IndoAgri) is one step closer to listing subsidiary PT SIMP on the Indonesia Stock Exchange after it crossed the final Indonesian regulatory hurdle. The Indonesia-based, Singa-pore-listed palm plantation owner yesterday said that SIMP has obtained
      368 words
    • Article
      Lock icon KXD auditor flags potential breach
      129 15 KXD Digital Entertainment’s special auditor Stone Forest Corporate Advisory has uncovered potential breaches of the Listing Rules and lapses in corporate governance by KXD’s former management. One relates to an investment agreement which KXD’s former CEO Liu Fusheng entered into on behalf of KXD Shenzhen,
      129 words
    • Article, Illustration
      Lock icon CRCT buys CapitaLand’s Wuhan mall for 395m yuan
      337 15  -  By Uma Shankari shankari@sph.com.sg Singapore CAPITARETAIL China Trust (CRCT) has bought a mall in Wuhan for 395 million yuan (S$75.2 million) from its sponsor, CapitaLand. CRCT said yesterday that the New Minzhong Leyuan Mall, which has a net lettable area of 251,455
      337 words
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  • Page 14 Advertisements
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      Lock icon Page 14 Advertisements Column 1
      69 14 I, David Mark Reynolds, bachelor, of 20 Brooke Road, #01-01 The Palladium, Singapore, *****4 intend to marry Joan Marina Rozario, single, of 20 Brooke Road, #01-01 The Palladium, Singapore, *****4 at Villa Atas Imbak, Jalan Batu Belig, Bali, Indonesia on 23rd July 2011. Any person knowing of any lawful impediment
      69 words
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  • Page 15 Advertisements
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      Lock icon Page 15 Advertisements Column 1
      427 15 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF JAPAN MATERIAL (S) PTE LTD REG. NO. *****4790D (IN MEMBERS’ VOLUNTARY LIQUIDATION) NOTICE OF RESOLUTIONS [Pursuant to Section 290(2)(b)] At an Extraordinary General Meeting of the Company deemed to be held on 30 April 2011, the
      427 words
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  • FROM THE DESK OF
    • Article, Illustration
      Lock icon Leaping ahead in the Year of the Rabbit
      858 16  -  Top challenges for business leaders in 2011, and recommendations for the successful navigation of each from the desk of Roy Magee Regional vice-president AchieveGlobal Asia SINGAPORE has the potential for significant economic growth in 2011, especially if businesses continue to focus on
      858 words
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  • SINGAPORE
    • Article
      Lock icon Accounting body launches consultancy tender
      573 17  -  Job involves developing a Singapore-branded post-university professional accountancy programme By Michelle Quah michquah@sph.com.sg THE pro-tem Singapore Accountancy Council (pro-tem SAC), tasked with laying down the groundwork for the transformation of the accountancy sector, is seeking proposals from interested parties to act as a consultant in
      573 words
    • Article, Illustration
      Lock icon Jayakumar heads to Jakarta for Asean Summit
      400 17  -  He’s standing in for PM Lee as event coincides with GE By Lee U-Wen leeuwen@sph.com.sg SENIOR Minister S Jayakumar flew to Jakarta yesterday as the leader of Singapore’s delegation taking part in the bi-annual Asean Summit over the weekend. Prof Jayakumar is standing
      REUTERS  -  400 words
    • Article, Illustration
      Lock icon Asia-Pacific sees strong office rents
      453 18  -  Fastest increase seen in Jakarta, HK, S’pore By Emilyn Yap emilyny@sph.com.sg ASIA-PACIFIC, led by markets such as Jakarta, Hong Kong and Singapore, continued to experience strong growth in the office property market in the first quarter of the year, said Jones Lang LaSalle (JLL). “Traditional
      ALPHONSUS CHERN/THE STRAITS TIMES  -  453 words
    • Article
      Lock icon Nobel laureate debunks decoupling world idea
      386 18  -  By Lynn Kan lynnkan@sph.com.sg TO proponents of a decoupled world who think that the health of advanced economies don’t matter any longer to emerging market growth, think again. New research from Nobel prize winner for economics Michael Spence, based on the US economy, suggests
      386 words
    • Briefing
      • Article
        Lock icon Hill & Knowlton names Monica Alsagoff as executive director
        106 18 Hill Knowlton names Monica Alsagoff as executive director HILL Knowlton, a full service international communications consultancy, yesterday appointed Monica Alsagoff as executive director in Singapore. Specialising in luxury and lifestyle accounts, she will head a team of consultants and lead on accounts such as Alleira International and Stuttgart Auto, the
        106 words
      • Article
        Lock icon IPOS appoints BG Tan Yih San as chief executive
        109 18 THE Intellectual Property Office of Singapore (IPOS) yesterday an- nounced the appointment of BG Tan Yih San as chief executive. Commencing his role from June 1, 2011, BG Tan will lead IPOS as it embarks on its next phase of development
        109 words
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  • Page 18 Advertisements
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      Lock icon Page 18 Advertisements Column 1
      32 18 YOU MUST-HAVE ESOU CE BOOK! BRAND NEW ANNUAL MAGAZINE OUT NOW! 3/22/11 10:33:50 AM SPACE PLANNING DECOR TRENDS LIGHTING MATERIALS HOMES BATHROOMS KITCHENS WARDROBES GADGETS Available at all major bookstores and www.homeanddecor.com.sg
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  • WORLD
    • Article, Illustration
      Lock icon Commo sell-off offers relief to squeezed parties
      696 19  -  But the drop has hardly dented the previously huge price surge By Neil Behrmann btworld@sph.com.sg London A FIVE-DAY commodities sell-off brought relief to businesses and consumers who have been squeezed by the price surge of energy, metals and agricultural. In contrast, speculators and
      REUTERS  -  696 words
    • Article
      Lock icon Need for govts to deal with price pressures: ADB chief
      556 19  -  By Anthony Rowley btworld@sph.com.sg Hanoi ADB president Haruhiko Kuroda last night dismissed the danger of Asian economies entering an “inflationary spiral” but he emphasised that governments and central banks have to be alert to the need for further policy actions
      556 words
    • Article
      Lock icon Bans imposed on Citi in Indonesia
      470 20 They apply to the bank’s credit card, wealth mgt businesses Reuters Jakarta INDONESIA yesterday slapped lengthy bans on Citibank’s credit card and wealth management businesses over a case of alleged embezzlement and the death of a client following questioning by debt collectors. Indonesia’s central
      Reuters  -  470 words
    • Briefing
      • Article
        Lock icon Deutsche Telekom Q1 profit slides 37.4%
        70 20 AFP Berlin GERMAN telecommunications giant Deutsche Telekom yesterday announced a sharp drop in first-quarter net profits, mainly because of poor showings by its T-Mobile USA subsidiary, which it is selling. Net profits were down 37.4 per cent on the same period last year at
        AFP  -  70 words
      • Article
        Lock icon Telecom Italia Q1 profit dips 8.7%
        62 20 Bloomberg Milan TELECOM Italia SpA, Italy’s biggest phone company, said that first-quarter profit fell 8.7 per cent, hurt by declining revenue in its domestic market. Net income dropped to 549 million euros (S$982.4 million) from 601 million euros a year earlier, the Milan-based company
        Bloomberg  -  62 words
      • Article
        Lock icon RBS posts Q1 loss of £528m on bad debts
        74 20 Reuters London ROYAL Bank of Scotland posted a 25 per cent rise in core operating profit and said that hefty Irish loan losses would start to decline in the second half of the year. RBS, which is majority-owned by the British
        Reuters  -  74 words
      • Article
        Lock icon Visa’s 24% profit surge beats forecast
        72 20 Bloomberg San Francisco VISA Inc, the world’s biggest payments network, posted a 24 per cent profit increase that beat most analysts’ estimates as global card spending surged. Net income for the fiscal second quarter ended March 31 climbed to US$881 million, or US$1.23 a
        Bloomberg  -  72 words
    • Article
      Lock icon Sony offers US$1m insurance after hacking
      317 20 Bloomberg Tokyo SONY Corp chairman Howard Stringer apologised and offered US customers of PlayStation Network and Qriocity online entertainment services a year of free identity-theft protection after the system was crippled by hackers. Japan’s biggest consum-er-electronics exporter will offer a US$1 million insurance policy
      Bloomberg  -  317 words
    • Article
      Lock icon China watching closely US debt ceiling debate
      529 21 Its vice-finance minister hopes America can take effective measures towards fiscal reorganisation Bloomberg Beijing CHINA, the biggest foreign holder of Treasury notes, is closely watching the debate over raising the US debt ceiling and wants the Obama administration to do more to curb
      Bloomberg  -  529 words
    • Article, Illustration
      Lock icon Thai PM seeks royal nod to dissolve Parliament
      319 21 AP Bangkok THAILAND’Sprime ministersaid yesterday that he has submitted an application to dissolve the lower house of parliament, setting the stage for early elections. Prime Minister Abhisit Vejjajiva said that he submitted the dissolution decree to King Bhumibol Adulyadej for royal approval
      AP; REUTERS  -  319 words
    • Article
      Lock icon India govt panel cuts growth forecast to 8.5%
      368 21 AFP New Delhi THE top economic adviser to India’s prime minister has cut his estimate for economic growth in the current fiscal year by half a percentage point to 8.5 per cent, citing inflationary pressures. The Indian government has targeted 9.0 per
      AFP  -  368 words
    • Article, Illustration
      Lock icon M’sia exports reach high of RM64b
      508 22 Surge due to electronics, refined petroleum goods, palm oil, crude rubber and chemicals Bernama Kuala Lumpur MALAYSIA’S exports in March reached a new high at 64.06 billion ringgit (S$26.4 billion), an increase of 7.8 per cent from the same month in 2010, says International
      Bernama  -  508 words
    • Article
      Lock icon Jewellers, investors chase bullion higher
      484 22 Reuters Singapore JEWELLERS and investors in Asia hunted for bargains yesterday after bullion dropped overnight in line with a brutal correction in silver prices, helping gold regain strength and pushing premiums higher. Top buyer India was in the physical market observing Akshaya Tritya, a gold-buying
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    • Article
      Lock icon Unilever fined 2m yuan for price hike comments
      217 22 Bloomberg Beijing UNILEVER, the world’s second-largest consumer-goods maker, will be fined two million yuan (S$380,927) in China for telling the media about its plans to raise prices, which the government said led to hoarding. News reports in March that cited Unilever as
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      40 19 CEOTHEGREAT outkooc CHARITY Tuckinto Feast on great hawker fare prepared personally by S'pore's top bosses Feel good because all proceeds go to charity the new paper When: Every Friday (7-9pm) Where: Food Republic Beer Garden at St James Power Station
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      24 20 How to run a business without running out of ideas SME May/June 2011 Outnowwithabrandnewlook! +8/9>/"->4/<#0/5%624=2>?-2-9! +;<00-!!=!656>>-#/$!-7$’0/2$=.-20-62.!>#6>-"4 +8/9>/3#-6:=2>/>?-,->?-#762.! +1?-29/#:=!$<2$/#!>6$$(>?62:!>/>?-*&) +*?-0:/<>65/3=7-%?/2->?6>7->!06#.=/7/"=!>!5/2=>/#>?-=#%6>=-2>! AvailableatCaltex,Esso,ShellandSPCpetrolstations, 7ElevenandCheersstoresandleadingbookstores Tosubscribe($30forsixissuesdeliveredtoyourofficeorhome),pleasecall6388-3838. GetacomplimentarycopyifyouareaTNTclient,whilestockslast! Producedby
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      112 22 RoomforExpansion Cold Storage the fresh food people, is inviting dynamic individuals to apply for the job of SupermarketManager GrowBeyondtheChallengesofToday -With a global footprint in over 30 countries, the Keppel Group stretches your potential to the maximum as a FinanceManager KeepingtheStandardsofServiceFlyingHigh- Join Singapore Airlines Cargo, one of the largest cargo airlines
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  • SGX
    • Article
      Lock icon SGX CATALIST
      10139 26 Transaction date: May 6 52-wks Last Vol Day Last Quote Div GrYld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 21 14.5 8Telecom 15.5 95 15.5 18 7.8 3.9 3.2 74.2 12 4.5 A-Sonic 7 6.5 7 1.9 2.6 50.1 61
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      Lock icon SECURITIES TRADING SCOREBOARD
      186 26 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 2 6 6 0 0 0 2 6 6 Manufacturing 39 69 55 5 2 10 44 71 65 Commerce 16 19 23 4 2 6 20 21 29 Tpt/Stor/Comms 15 15 13
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      Lock icon BT SHARE INFORMATION SERVICE
      819 26 For week beginning May 3 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS Substantial Buy No of Price ———SHAREHOLDING Trans Shareholder/ Sell Shares Per Before After Stock Date Director Conv '000 Shr ('000) ('000) Multi-Chem 3-May-11 Han Juat Hoon *Buy 96 0.15 ***** 27.66 ***** 27.69 Sinomem Tech 3-May-11 Wu Shangzhi
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      Lock icon SECURITIES TRADING TURNOVER
      121 26 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 40,361 40,361 104,583 104,583 Manufacturing 206,564 7,713 214,277 198,579 531 199,109 Commerce 69,118 3,537 72,655 109,803 1,285 111,088 Tpt/Stor/Comms 138,182 2,449 140,631 223,838 141 223,979 Finance 24,275 24,275 239,182 239,182 Construction 35,858 2,985 38,843 8,936
      121 words
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  • MARKETS
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      118 27 May 06 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.358 1.282 Can dollar 1.305 1.255 Euro 1.835 1.765 Sterling pound 2.067 1.988 NZ dollar 1.002 0.955 US dollar 1.254 1.206 Local dollars to 100 units of foreign currency: Currencies Sell
      118 words
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      Lock icon STOCK MARKETS
      94 27 YTD change: -2.84% 52-week high: 3,313.61 on Nov 9,2010 52-week low: 2,648.15 on May 25,2010 Source: Bloomberg YTD change: +0.54% 52-week high: 24,988.50 on Nov 8,2010 52-week low: 18,971.50 on May 27,2010 Source: Bloomberg Bloomberg YTD change: +8.70% 52-week high: 12,876.00 on May 2, 2011 52-week low: 9,614.32
      Source: Bloomberg  -  94 words
    • Article
      Lock icon MORGAN STANLEY CAPITAL INT`L INDICES
      374 27 In local curr In S$ In US$ dy yr dy yr dy yr May 5 Index Change Change Change Change Change Change World Index Preliminary 930.0 -0.3 3.6 -0.1 2.7 -0.8 6.3 ‡EAFE Preliminary 803.9 -0.5 0.4 -0.7 2.3 -1.3 5.9 Europe Preliminary 1192.5 -0.7
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      154 27 May 6 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.3167 1.3182 1.0647 1.0650 Canadian dollar 1.2756 1.2772 1.0315 1.0319 Euro 1.7964 1.7984 1.4526 1.4530 NZ dollar 0.9728 0.9739 0.7866 0.7869 Sterling pound 2.0236 2.0256 1.6363 1.6366
      154 words
    • Article
      Lock icon LIFFE
      82 27 May 5 COCOA (£/tonne) Close Prev High/Low May 11 1870 1937 1916/1860 Jul 11 1885 1945 1930/1874 Sep 11 1901 1956 1943/1892 Dec 11 1924 1976 1961/1909 COFFEE (US$/tonne) Close Pev High/Low May 11 2567 2564 2572/2534 Jul 11 2582 2577 2586/2521 Sep 11 2602 2596 2606/2544 Nov 11
      82 words
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      Lock icon CHICAGO BOT
      93 27 May 5 SOYBEANS (5,000 bu min; USc/60 lb bushels) Close Previous High/Low May 11 1319.*****0.*****4.*****9.00 Jul 11 1321.*****2.*****1.*****0.00 Aug 11 1320.*****0.*****8.*****8.25 Sep 11 1312.*****3.*****9.*****8.75 SOYBEAN/OIL (60,000 lbs; USc/lb) Close Previous High/Low May 11 55.36 56.76 56.78 54.65 Jul 11 55.73 57.17 57.58 54.94 Aug 11 56.00 57.43 57.80
      93 words
    • Article
      Lock icon PALM OIL
      65 27 May 6 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position May 11 3345 3390 3390 3345 689 4428 Jun 11 3215 3275 3275 3215 1955 ***** Jul 11 3175 3195 3202 3148 ***** ***** Aug 11 3162 3187
      65 words
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      Lock icon OIL
      75 27 May 5 CRUDE US$/barrel (FOB origin) Close Change Brent blend (1-Mth F) 114.38 -6.98 WTI (Near Mth) 98.44 -10.82 Dubai (1-Mth F) 113.21 -2.76 Tapis blend 127.07 -2.92 Minas 123.47 -2.92 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 114.94 -2.50 Jet Kerosene 136.10 -1.75 US$/barrel Opec Oil Basket Price
      75 words
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      Lock icon LONDON METALS
      71 27 May 5 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2626.00 2740.75 3 months 2635.00 2752.00 Copper, Grade A (US$/tonne) Cash 8793.75 9095.75 3 months 8820.00 9124.00 Lead (US$/tonne) Cash 2327.75 2478.50 3 months 2296.00 2455.00 Nickel (US$/tonne) Close Previous Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne)
      71 words
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      Lock icon METALS
      65 27 May 6 GOLD (US$/oz) May 06 May 05 Hong Kong 1485.*****6.50 May 05 May 04 London 1484.*****6.25 1485.*****7.05 Source: Thomson Reuters SILVER Selling Buying Passbook 1 oz 43.70 43.05 Source: PLATINUM Lon (US$/oz) May 05 Close Previous PM Fix 1802.*****1.00 AM Fix 1822.*****3.00 Source: Thomson Reuters PLATINUM NYMEX (US$/oz)
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  • PERSPECTIVE
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      Lock icon The big boon of outsourcing
      840 28 / 29  -  It allows companies to tap the power of specialisation, freeing up management capacity to focus on tasks aimed at growing the business. By Jochen Wirtz By Jochen Wirtz ~The writer is an associate professor in marketing and founding director of the UCLA-NUS EMBA, NUS Business
      BLOOMBERG FILE PHOTO  -  840 words
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      Lock icon Cheap yuan keeps China from new wealth
      821 28 / 29  -  William Pesek JR ~The writer is a Bloomberg News columnist. The opinions expressed are his own. Bloomberg MARK Zuckerberg shouldn’t lose too much sleep about China’s Facebook beating him to Wall Street. Renren Inc is the first social-networking website to go public in
      Bloomberg  -  821 words
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  • Wealth
    • WEALTH INVESTING
      • Article, Illustration
        Lock icon The lowdown on performance fees
        1049 30 / 31  -  As new rules on the fees come about in October, Genevieve Cua explores the different ways retail funds currently levies fees on investors Genevieve Cua NEW RULES on performance fees in retail funds in their disclosure and structure are set to come into force in
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      • BROKERS' TAKE
        • Article
          Lock icon Raffles Education
          267 30 / 31 Fully Valued DBS Vickers Securities May 6 Close: $0.665 Still paying tuition fees: Q3 2011 results continued its decline on the back of falling student enrolments. Net profit ended at just $2.4 million, plunging 74 per cent y-o-y, below consensus’ and our expectations. This came about from the
          267 words
        • Article
          Lock icon Keppel Corporation
          306 30 / 31  -  Outperform CIMB Research May 6 Close: $11.32 Compiled by Jamie Lee Not alarmed by delivery delays from force majeure: On March 12, 2011, Keppel Corporation has issued notices to its jack-up rig customers that the Japanese earthquake could lead to a force majeure situation for rigs under construction,
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        • Article
          Lock icon Glossary:
          135 30 / 31 Ebit earnings before interest and tax Ebitda earnings before interest, tax, depreciation and amortisation EPS earnings per share FY fiscal/financial year H1, H2 first or second half m-o-m month on month NAV net asset value 9M nine months P/B price/book value (ratio) PE price/earnings (ratio) Q1, Q2, Q3 first,
          135 words
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      Lock icon Commodities dive on oil prices’ steep fall
      1095 32 Investors dumped commodities such as silver, coffee and sugar, whose prices had also been surging AP New York COMMODITIESprices fell sharply on Thursday, led by the steepest drop in oil prices since the fall of 2008. within the past year on expectations of
      AP; REUTERS  -  1,095 words
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      Lock icon No such thing as a sure bet
      1329 33  -  Governments can only implement the most appropriate policies, whether it produces results is an unknown show me the money Teh Hooi Ling hooiling@sph.com.sg Senior correspondent The writer is a CFA charterholder IWAS at the inaugural Sim Kee Boon Institute Conference on Financial Economics
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    • WEALTH REAL ESTATE
      • Article
        Lock icon Househunt PROPERTY TRANSACTIONS FOR SELECTED DISTRICTS WITH CONTRACT DATES BETWEEN APRIL 6 AND APRIL 17, 2011
        1313 34 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT-IN/LAND AREA*(SQ FT) PRICE (S$'000) PSF (S$) District 16 LANDED East View Gdn 2-Sd 11/04/2011 FH 3861 3670 951 Peakview Estate 2-Ter 11/04/2011 FH 1840
        1,313 words
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        Lock icon London office construction soars: survey
        432 35 Prime construction activity more than doubles in six months Reuters London PRIME office construction activity in central London has more than doubled in the last six months, boosted by developers looking to profit from squeezed supply and rising rents in the sector, a survey showed
        Reuters; BLOOMBERG  -  432 words
      • Article, Illustration
        Lock icon Prudential real estate fund raises £492m
        203 35 Bloomberg London PRUDENTIAL Financial Inc’s real estate investment arm raised £492 million (S$998 million) for a property-lending fund, Europe’s largest to date for mezzanine loans. Sovereign wealth funds and pension plans were among investors that pledged to put money into the Pramerica Real Estate
        Bloomberg; BLOOMBERG  -  203 words
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      58 36 M JjDEMARS PlGUET le maitre de I'horlogerie depuis 1875 HI mmmmm H 0 m m HS PlGEET ;v so 49 RW s I I w' 8 SuuS^i IKft AIj to Matic H HI 4 M s 5 m 6 iSi V Ia TOJ 0 ■a» At »< f m JULES
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      52 1 LivingTHEBUSINESSTIMESWEEKEND|MAY7-*****BTTHE BUSINESS TIMES WEEKEND MAY 7 8 2011 POLL FAVOURITES Where to eat after you vote ILLUSTRATION BY LUDWIG ILIO HEALTH Watch those knee injuries L15 MOTORING An extra special Ferrari L18-19 DINING World Gourmet Summit L5 GADGETS Moveable feats L6 SPORTS All eyes on Contador L20 SHOPPING Mum’s the
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  • BT Living
    • DINING
      • Article, Illustration
        Lock icon Poll favourites
        2579 2/3  -  There’ll be another important decision to make once you’ve cast your vote: where to eat? Here’s an edict on all the hot new F&B outlets and old-school favourites in each of the 14 contested GRCs.By Audrey Phoon and Tan Teck Heng GRCs.By Audrey Phoon, Tan Teck Heng aphoon@sph.com.sg
        YEN MENG JIIN  -  2,579 words
      • Article, Illustration
        Lock icon Haute Korean
        522 5  -  There’s still time to sample some avant-garde Seoul cuisine and the exquisite desserts of Noma’s pastry chef world gourmet summit By Jaime Ee jaime@sph.com.sg Yim Jung Sik My Humble House #02-27/29 Esplanade Mall Z6423-1881 BIBIMBAP may not be a dish you’d expect to see served at a supposedly
        522 words
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        Lock icon Sweet endings from Denmark
        610 5  -  By Geoffrey Eu btnews@sph.com.sg Rosio Sanchez 2am:dessertbar 21-A Lorong Liput, Holland Village Z 6291-9727 www.2amdessertbar.com WHO says chefs never get out of the kitchen? At Noma, the Copenhagen restaurant that is the current destination of choice for gastronomes around the world, chefs are encouraged to spend
        610 words
    • GADGETS
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        Lock icon Moveable feats
        782 6  -  Nintendo’s 3DS crosses swords with Sony’s Xperia PLAY for the portable mobile gaming crown. By Christopher Lim By Christopher Lim limchris@sph.com.sg Nintendo 3DS, $399 The 3DS (above) is Nintendo’s top-of-the-line portable game console, but it’s a bigdeal for more than its gaming credentials. It’s one of the first
        782 words
    • Luxe Life
      • Article, Illustration
        Lock icon Sleep tight
        729 8/9  -  Mattresses these days have a host of innovative features to ensure that you get a good night’s sleep, Corinne Kerk discovers Corinne Kerk In the old days, mattress shopping was a rather simple affair involving a trip to the department store, looking for the best val-ue-for-money deals and
        729 words
      • Article, Illustration
        Lock icon No limits
        415 10  -  The modern kitchen is a place where family members sit, chat and relax together as well as prepare sumptuous food, says Corinne Kerk Corinne Kerk Wet or dry, big or small, designer or otherwise, the thing about kitchens these days is that they’ve got toinspire us to cook
        415 words
      • Article, Illustration
        Lock icon Easy-to-prepare gourmet meals
        1075 12  -  When you’ve spent a bomb outfitting your perfect kitchen, what next but to start creating beautiful meals? For inspired cooks, Jaime Ee selects a few books to browse through Jaime Ee New Shanghai Cuisine By: Jereme Leung Publisher: Marshall Cavendish Price: $48 (b/f GST) Singapore foodies first
        1,075 words
    • HEALTH
      • Article, Illustration
        Lock icon Out of joint
        933 15  -  Don’t take knee injuries lightly. They can lead to serious damage if not properly managed. By Cheah Ui-Hoon uihoon@sph.com.sg SO YOU bike or run, or play team sports like football. The goodthingisthatyou’releading an active lifestyle. However, there are injuries that accompany such an active lifestyle injuries which,
        THE STRAITS TIME POSED PHOTO  -  933 words
    • SHOPPING
      • Article, Illustration
        Lock icon Mum’s the word
        620 16/17  -  A Mother’ Day gift doesn’t have to look dated and dowdy. Opt for modern updates on traditional ideas which appeal to mummies of all ages. By Melissa Lwee By Melissa Lwee mellwee@sph.com.sg Jade A precious material that symbolises peace and elegance, jade has the added advantage of
        ARTHUR LEE  -  620 words
    • MOTORING
      • Article, Illustration
        Lock icon FAB FOUR
        850 18  -  Perhaps it is the FF’s radical design or its cutting edge technology but one thing is certain this new Ferrari is extra special. By Samuel Ee By Samuel Ee samuelee@sph.com.sg THE unveilingof a newFerrari is always an exciting event because of the heady mix of styling, performance, and
        850 words
      • Article, Illustration
        Lock icon MANY FIRSTS FOR FF
        682 19  -  The Ferrari FF is a totally new proposition with revolutionary styling and technology. By Samuel Ee samuelee@sph.com.sg FERRARI expects the new FF grand tourer to open up a new market segment with its performance and versatility. The Italian super sports car maker considers the FF to
        682 words
    • SPORT
      • Article, Illustration
        Lock icon All eyes on Contador
        698 20  -  off the track with Christy Simson Christy Simson FOR the second time in six years, the cycling calendar will be without its top superstar Lance Armstrong. And thistime it’sfor good, withthe American having announced his retirement from the sport. It’s a tough pill to swallow for
        698 words
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      44 10 THE INSPIRED LIFESTYLE KITCHEN European Quality. Contemporary Design. Customization. HOFFCN www.hoffen.com Head Office: 10 Ubi Crescent #02-26, Ubi Techpark (Lobby B), Singapore *****4 T: (65)6742 9909 Showroom: 10 Ubi Crescent #02-15 Ubi Techpark (Lobby B), Singapore *****4 By appointment only. F: (65) 6742 1611
      44 words
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      60 11 Serta USA WE MAKE THE WORLD'S BEST MATTRESS.™ Serta Acacia Valley Queen Size $Zr399" 3,699 U i i I V (Srj> FRESSSHLM> guarantee Night-after-night SERTA SLEEP CENTER •IMM BUILDING #03-02 JURONG POINT #03-16 'MARINA SQUARE 03 -334 PLAZA SINGAPURA 05-07 TAMPINES 1 04-34 THE CENTREPOINT #05-08 For Corporate Projects enquiries,
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      72 12 CERTIFIED 100% PURE NAPURE NATURAL BY ECO, GERMANY Germany Engineered for Ultimate Comfort na/f/re A L< '-itil Napure Galleries: International Furniture Centre 62 Sungei Kadut Loop #02-21 S*****7 Tel: 6255 5575 The Furniture Mall 7500D Beach Road #02-06/07 The Plaza SI***** Tel: 6396 5595 <2CO ALLERGY GmbH pnr-r- Head Neck
      72 words
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      403 14 Advertising Feature Sofa Designed For Comfortable Living Walkipto anyone's living space and that's the first impressions to the home. Bring forth an air of comfort into, your living room with Stress less® Sofas. 1 HI A Living room is the most important part of the home. More than just a
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      196 15 Going For Gold With Our Sports Service ft a ft h A M Whether you're a weekend warrior or a professional athlete, injuries can happen to anyone. Our experienced team comprises 3 sports surgeons and a sports physician. We focus on the root of your orthopaedic problems with effective treatment
      196 words
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      102 16/17 For Sale by Tender Prestigious Good Class Bungalow at Victoria Park Road District 10 A regular elevated GCB plot with i. a 2½-storey modern-designed detached house; and ii. a 2 storey colonial-style black and white detached house Site Area: approx. 32,077 sq ft Total Floor Area: approx 20,000 sq ft
      102 words
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      776 20 wine&dine with BTWeekend Bar on 5 Mandarin Orchard Singapore, Level 5 333 Orchard Road Z6831-6288 Bar on 5 is the ideal place to chill out and unwind after a hard day’s work. Located five floors above Orchard Road, it provides a fabulous view of the shopping belt. The beverage menu
      776 words