The Business Times, 1 July 2011
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2011-07-01
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The Business Times
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Title Section23 2011-07-01 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|Sl A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 138/08/2010 Friday, July 1,201123 words
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950 2011-07-01 1 LYNETTE KHOO - Valuations are attractive, expectations low and market may rise in remaining half year By LYNETTE KHOO [SINGAPORE] Exactly half the year has passed timidly but the stock market is expected to recover in the remaining six months, though rising costs continue to chip950 words
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696 2011-07-01 1 MICHELLE QUAH - Survey shows it has risen in companies since global crisis By MICHELLE QUAH [SINGAPORE] The average number of fraud incidents per company in Singapore has more than doubled since the global financial crisis, while the estimated total cost of these incidents has696 words
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Article144 2011-07-01 1 GST INDEX 3,120.44 (+40.70) G ST INDEX FUTURES 3,120 (+40) G SIMSCI 360.60 (+4.30) G SIMSCI FUTURES 360.40 (+3.70) FOREX US$ S$ US$ (S$ per US$) 1.229 (US$/S$ per 1.607 1.975 EURO (US$/S$/E) 1.449 1.780 Foreign currency per US$ S$ YEN 80.40 65.50 RM 3.020 2.457 HK$ 7.783144 words
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Advertisement65 2011-07-01 1 FESTIVALS AROUND THE WORLD A crossing to remember PAGE PROPERTY 9 industrial sites in govt’s H2 land sales list PAGE 13 Complete beginners are taking up ‘extreme sports’ to de-stress and reboot EXECUTIVE LIFESTYLE I PAGE 36 Uiia GEORGE CLOONEY'S CHOICE. Ion Orchard 6509 9712 Marina Bay Sands 6225 239365 words
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Advertisement8 2011-07-01 1 MUSIC Home-grown releases make the cut PAGE 348 words
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Advertisement8 2011-07-01 1 PURSUITS Priestess of tastes PAGE 30 *****1 *****48 words
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TOP STORIES
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Article331 2011-07-01 2 At half-time, stocks prepare to score EXACTLY half the year has passed timidly but the stock market is expected to recover in remaining six months, though rising costs continue to chip away at corporate margins and global uncertainties loom. FRONT PAGE Fraud a clear present danger: KPMG The331 words
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542 2011-07-01 2 LEE U-WEN - Both can advance shared interests now that the 20-year dispute is resolved By LEE U-WEN [SINGAPORE] The “amicable resolution” of the 20-year dispute over Malayan Railway (KTM) land in Singapore will allow both countries to move ahead to advance their542 words
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558 2011-07-01 2 LYNETTE KHOO - By LYNETTE KHOO [SINGAPORE] The Singapore Exchange (SGX) yesterday issued a stern reprimand to KXD Digital Entertainment and its chairman Liu Fusheng for breaches of listing rules and failures of corporate governance. It also noted that there are possible breaches of the law and558 words
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Article87 2011-07-01 2 IN our report “Profit margins for DBSS developers ‘look high’” (BT, June 30), we said that Sim Lian Group stands to make gross returns of 75.8 per cent from Centrale 8, factoring in a land price of $82.2 million and a maximum gross floor area (GFA) of 721,188 square87 words
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Article, Illustration822 2011-07-01 4 Measures from tax increases to asset sales will be carried out [ATHENS] Greek Prime Minister George Papandreou’s drive to stave off the euro area’s first sovereign default stayed on track after lawmakers backed a bill to authorise an austerity plan required toAP - 822 words
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624 2011-07-01 4 JAMIE LEE - By JAMIE LEE [SINGAPORE] UBS is working on at least five listings in Singapore that are valued between US$500 million and US$1.5 billion, and expects some of them to be pushed out in the second half of this year, a624 words
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484 2011-07-01 4 NISHA RAMCHANDANI - By NISHA RAMCHANDANI Source: UNWTO [SINGAPORE] The Asia-Pa-cific region chalked up a historic 204 million tourist arrival figure up 13 per cent year on year in 2010, cementing Asia’s position as one of the world’s strongest growing regions, according to a report by theSource: UNWTO - 484 words
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Article, Illustration469 2011-07-01 4 AP [HONG KONG] The Hong Kong-based owner of Birmingham City football club was yesterday charged with five counts of money laundering involving more than HK$720 million (S$113.6 million). Carson Yeung, who bought Birmingham two years ago for £81.5 million pounds, appeared in courtAP; AFP - 469 words
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488 2011-07-01 4 CONRAD TAN - By CONRAD TAN [SINGAPORE] Bank loans to businesses here grew by 4.3 per cent in May, the fastest pace in over three years, signalling that corporate borrowing stayed robust despite recent uncertainty in the global economic outlook. Singapore-dollar bank loans to businesses grew488 words
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Advertisement199 2011-07-01 2 Ready For Home Entertainment That's LARGER Than Life? A Wireless Stereo System $2688 designedbyPhilippeStarck UP $2999 Since our inception in 1998, we have commissioned over 7000 residential and commercial projects, from luxury yacht to 60-seat private theatre room, conference hall's sound reinforcement to 'live' band set up. Drop in for199 words
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Advertisement157 2011-07-01 3 Originality is about finding your own voice with every creation v",» f ■i M x Originality isn't about following a set standard. Rather, it sets the standards that others seek to follow. With this philosophy, we created Hilltops. Set above the pulse of the city, with acres of verdant greenery,157 words
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Advertisement631 2011-07-01 5 e n house collection THE VIEW FROM THE TOP e' m ii "Ml I l|L. H r ri i, e ■V um B r< ii L n i f r s sa IS ALWAYS R Whether it is the lush verdant landscape, the centre of the bustling city or the631 words
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COMPANY NEWS
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Article725 2011-07-01 6 JAMIE LEE - Fall from May comes as investors stay hesitant amid economic fears By JAMIE LEE THE total stock market value of companies listed on Singapore Exchange dipped a further one per cent in June from the preceding month as investors stayed hesitant amid a host725 words
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150 2011-07-01 6 RADIANCE Group has proposed to buy up Global Invacom Holdings for about US$49 million in a reverse takeover deal. Global Invacom, a UK-based supplier of satellite and television peripherals, already owns 56.3 per cent of the company. It had emerged last year to150 words
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Article, Illustration844 2011-07-01 6 R SIVANITHY - HOCK LOCK SIEW By R SIVANITHY IN the stock market it is retail investors who usually end up with the short end of the stick and nowhere is this more apparent than in the current cases of compulsory delistings involving Japan LandThe Business Times, Sept 23, 2008 - 844 words
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280 2011-07-01 6 CLOSING PRICES* (EXCLUDING ACCRUED INTEREST) GROSS REDEMPTION YIELD p.a.) NUMBER OF DAYS OF ACCRUED INTEREST INTEREST PAYMENT DATES AMOUNT ($m) COUPON RATE p.a.) YEAR RAISED ISIN CODE MATURITY DATE 01.04.2012 N*****0A 2007 2 5/8 5100.00 1/10 1/4 90 101.65 0.43280 words
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559 2011-07-01 6 JAMIE LEE - By JAMIE LEE THE date has been fixed: come Aug 1, the Singapore Exchange (SGX) will do away with the 90-minute midday break for its securities market. Initially planned for implementation on March 1 and then by the end of the second559 words
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486 2011-07-01 8 LYNN KAN - Probe to find out how shortfall has been used By LYNN KAN PRICEWATERHOUSECOOPERS (PwC), which was appointed as special auditors to review the state of affairs at China Gaoxian, has found an apparent shortfall of one billion yuan (S$ 189.8 million)486 words
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Article, Illustration426 2011-07-01 8 LYNN KAN - Move comes amid Chinese firms’ accounting scandals By LYNN KAN WITH more oversea-listed Chinese companies rapped for accounting irregularities, Ernst and Young’s (E&Y) new country managing partner for Singapore, Max Loh, says that the firm is strengthening its client acceptance procedures. “We in fact426 words
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518 2011-07-01 8 Reuters [LONDON] Investors have become a little more upbeat heading into the second half of the year, lifting stock allocations from 2011 lows but remaining cautious with plenty of safe-haven cash and bonds. They also lifted their exposure to eurozone stocks and bonds inReuters - 518 words
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Article, Illustration327 2011-07-01 12 SIOW LI SEN - Facilities in S’pore and Australia meant for general purpose and refinancing By SIOW LI SEN SINGAPORE Telecommunications has arranged new borrowings of about $3.7 billion for general corporate purposes and to refinance existing facilities. In a statement yesterday, the telco said that the newST FILE PHOTO - 327 words
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400 2011-07-01 12 FELDA CHAY - By FELDA CHAY CITYSPRING Infrastructure Trust is looking to raise $210.2 million through a renounceable rights issue to strengthen its balance sheet. The trust, partly owned by Temasek Holdings, will issue about 539 million new units at a price of 39 cents per rights400 words
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126 2011-07-01 12 TEO SI JIA - By TEO SI JIA KEPPEL Corporation has appointed Tong Chong Heong, chief executive officer of Keppel Offshore Marine, as senior executive director with effect from today. Mr Tong has served as executive director on the Keppel Corporation board since Aug 1, 2009. He will126 words
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433 2011-07-01 12 MINDY TAN - It will pay US$94m for 73.81% stake in MRI Trading By MINDY TAN INTEGRATED logistics provider CWT Group has entered into a deal to acquire 73.81 per cent of MRI Trading AG a Switzer-land-based commodities marketer for US$94 million. CWT, which is making433 words
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Advertisement122 2011-07-01 6 E£ -«60S. Ui fefeM Q., Working together with TransAsia Airways to reach greater heights As TransAsia Airways celebrates its new ascent to greater heights, SATS is proud to be a partner in this milestone of success. For more than 60 years, SATS has been delivering an unrivalled customer experience through122 words
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Advertisement940 2011-07-01 7 Advertorial %_j|£ T.; V J P# 1 --*SaiiA- Wit JL jl 'f MBKS WLm-» t tS s r-s '*> ;>c" •-V- "A. < <" v m ,0k" Fj ■■sg* nR.;>S. ><K» >jPSj» t#F ■■•i rwyviuivij vwi ***** i%j STEP into a home that is exclusively nestled at the confluence of940 words
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Advertisement1676 2011-07-01 8 GLOBAL LOGISTIC PROPERTIES LIMITED (Company Registration No. *****5832Z) (Incorporated in Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of GLOBAL LOGISTIC PROPERTIES LIMITED (the “Company”) will be held at 10 Bayfront Avenue, Hibiscus Junior Ballroom 3613, Level 3, Marina Bay Sands, Sands Expo1,676 words
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Advertisement295 2011-07-01 8 THE SME MAGAZINE PRESENTS The Economy& Your Business What headwinds ahead do companies face? Get a better picture of how the next 12 to 18 months will pan out. Hear from two of Singapore’s top economists as they share their outlook on how the wider picture can impact local businesses295 words
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Advertisement74 2011-07-01 9 Areyoureadytorunthegreatrace? On your mark ladies! You’re about to win the race of life! This Sunday3 July, we’re proud to flag you off to success at the Great Eastern Women10K. Over 12,000 are set to participate this year in Asia’s biggest run for women.At Great Eastern, we make life great by74 words
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SINGAPORE MARKETS
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Article, Illustration572 2011-07-01 10 R SIVANITHY - ST Index rises 40.7 points amid better volume, following Hong Kong and Europe gains STOCKS R SIVANITHY Senior Correspondent OPTIMISM over Greece’s bailout and half-year windowdressing yesterday helped stabilise stocks and push the Straits Times Index (STI) up 40.70 points to 3,120.44 in improved volume.Source: Bloomberg - 572 words
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Article110 2011-07-01 10 Stock name Close Change Stock name Close Change CapMallsAsia 1.470 -0.010 CapitaLand 2.910 +0.040 CapitaMall 1.870 -0.010 CityDev 10.400 +0.140 ComfortDelGro 1.460 +0.040 DBS Grp 14.660 +0.260 F&N 5.790 +0.140 GLP 2.060 +0.010 Genting SP 1.930 -0.010 Golden Agri 0.680 HK Land 7.120 +0.070 JMH 57.340110 words
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Article186 2011-07-01 10 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 6 0 10 0 0 0 6 0 10 Manufacturing 67 33 58 6 1 15 73 34 73 Commerce 28 9 27 5 1 2 33 10 29 Tpt/Stor/Comms 25 9 10186 words
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Article121 2011-07-01 10 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 46,381 46,381 184,201 184,201 Manufacturing 272,282 13,757 286,039 321,098 492 321,590 Commerce 86,911 11,535 98,446 155,167 2,218 157,385 Tpt/Stor/Comms 216,591 6,478 223,069 409,110 734 409,845 Finance 45,946 45,946 533,778 533,778 Construction 104,896 54,103 158,999 40,749121 words
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Article66 2011-07-01 10 Jun 30 VALUE CLOSE BT OB/OS 405.00 +388.0 BT CADI -*****.00 +141.0 BT 10-day MA -*****.00 +41.00 FTSE ST Mid Cap 742.18 +3.57 FTSE ST Small Cap 521.36 +3.95 FTSE ST All Share 762.04 +8.70 FTSE ST China Top 252.03 +1.70 FTSE ST China 289.83 +2.05 FTSE66 words
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Article58 2011-07-01 10 VOLUME Golden Agri 105,935,000 PSL Hldgs 76,519,000 Genting SP 63,909,000 SingTel 55,251,000 HPH Trust US$ 46,102,000 Progen 38,047,000 Samko 32,035,000 Yangzijiang 30,424,000 Noble Grp 28,698,000 CapitaLand 18,858,000 VALUE($) UOB 202,648,040 SingTel 172,837,460 DBS Grp 156,928,261 Keppel Corp 127,981,157 Genting SP 123,426,130 OCBC Bk 122,820,570 Golden Agri 72,560,10558 words
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BROKERS’ TAKE
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Article, Illustration450 2011-07-01 10 OCBC Investment Research, June 30 M+S Pte Ltd announced it would develop two integrated projects at Marina South and Ophir-Rochor. UEM Land and Mapletree Investments would oversee the marketing and development of the Marina South project, whereas UEM Land and CapitaLand would similarly oversee Ophir-Rochor. The minimumSource: Bloomberg - 450 words
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Article356 2011-07-01 10 JOYCE HOOI - Compiled by JOYCE HOOI Kim Eng Research, June 30 THE Monetary Authority of Singapore (MAS), in a widely anticipated move, announced fresh regulations for local banks. The new rules are more benign than expected and all three domestic banks should be able to meet the requirements comfortably. In356 words
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Article137 2011-07-01 10 Ebit earnings before interest and tax Ebitda earnings before interest, tax, depreciation and amortisation EPS earnings per share FY fiscal/financial year H1, H2 first or second half m-o-m month on month NAV net asset value 9M nine months P/B price/book value (ratio) PE price/earnings (ratio) Q1, Q2, Q3 first,137 words
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Article, Illustration333 2011-07-01 10 CURRENCIES AFP [TOKYO] The euro rose to a three-week high against the US dollar in Asia yesterday, as concern over Greece’s debt problems eased after its Parliament passed an austerity package that will help it avoid a default. The euro rose toAFP; BLOOMBERG - 333 words
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Article120 2011-07-01 10 BY CENTS CLOSE UP JMH 5734 302.1 4.5 Jardine C&C 4300 240.0 5.9 DBXT MSEurope 10US$ 4871 187.9 3.2 DBXT Nifty 10US$ ***** 180.6 1.2 DBS Bk 4.7% NCPS 100 ***** 120.0 1.1 DBXT MSJAP 10US$ 3896 93.3 2.0 DBXT MSKorea 10US$ 6291 70.0 0.9 DBXT MSTHAI 10US$ 1624120 words
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Article123 2011-07-01 10 BY CENTS CLOSE DOWN GLD 10US$ ***** -87.2 -0.5 DBXT S&P Short 10US$ 4243 -45.4 -0.9 DBXT AUDMM 5SG$ ***** -35.0 -0.1 STXPO 100 854 -26.0 -3.0 JSH 3060 -24.6 -0.6 CityDev.ES.1106 1032 -18.0 -1.7 DBXT FTVietnam 10US$ 2934 -17.2 -0.5 CombWill 100 250 -16.0 -6.0 AustlandPG A$ 290123 words
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Advertisement131 2011-07-01 11 rEf 1 W J IM v A 1961 2011 Y Side by Side Side by Side with You Since 1961. 50 years of commitment, dedication and innovation has placed us on the pedestal of Service Quality Excellence: S-Class Service Award 1 (2007), Best Customer Experience Management of the Year Award131 words
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Advertisement295 2011-07-01 12 .~'.\^$={//>~`(?=;\-)}`!:$[*%_' Chil'J dN A children s charity concert for The Straits Times School Pocket Money Fund &The Business Times Budding Artists Fund r 4 r 9 9 s, •S) n STRAITS TIMES. THE BUSINESS TIMES Budding Artists Fund Extend your love through Friendship and Hope, our theme for ChildAid 2011295 words
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SINGAPORE NEWS
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488 2011-07-01 13 EMILYN YAP - Of the 3 confirmed and 6 reserve sites, Lavender site is analysts’ top pick PROPERTY Reports by EMILYN YAP THE government is making nine industrial sites available under the second-half land sales programme, keeping a steady hand on supply in the488 words
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372 2011-07-01 13 THE tender for a residential site at Choa Chu Kang closed yesterday with just five parties in the running and a lower-than-expected top bid, providing further hints of caution taking root among developers. The 99-year leasehold site is at Choa Chu Kang Road-Phoenix Road,372 words
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346 2011-07-01 13 KELLY TAY - By KELLY TAY ON the back of higher fuel oil prices, both Singapore Power (SP) Services and City Gas Pte Ltd (City Gas) yesterday announced revised electricity and town gas tariffs. Electricity tariffs will increase by an average of 6.8 per346 words
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467 2011-07-01 13 AMIT ROY CHOUDHURY - By AMIT ROY CHOUDHURY IN an indication that the government’s push towards innovation could be paying off, Singapore moved up four places to No 3 in this year’s Global Innovation Index (GII). Last year, Singapore had fallen two spots to No467 words
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462 2011-07-01 13 CHUANG PECK MING - By CHUANG PECK MING MANAGERS topped last year’s pay rankings, with managing directors and chief executives taking home a median gross salary of $14,765 monthly. And that’s more than what doctors ($10,786) and lawyers ($8,750) were paid, according to the Ministry of462 words
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216 2011-07-01 13 DICKSON LI - By DICKSON LI THE Public Utilities Board (PUB) yesterday launched a $5 million ceramic membrane demonstration plant at its Choa Chu Kang Waterworks. The new ceramic membrane lasts four times longer than the current polymeric membranes. “Although the cost of ceramic membranes is higher it216 words
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132 2011-07-01 13 LONDON School of Business and Finance (LSBF) announced yesterday the official opening of its Singapore campus, the first in the Asia-Pacific region. The school has three campuses in the UK and a new campus in Toronto. It is opening another campus in132 words
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371 2011-07-01 13 UMA SHANKARI - Upcoming supply a drag on suburban retail rents: CBRE Reports by UMA SHANKARI THE monthly average rent for prime Orchard Road retail space remained flat in Q2 this year, while prime suburban rents dipped slightly in expectation of competition from upcoming371 words
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296 2011-07-01 13 FOLLOWING a lacklustre start in Q1 2011, the Singapore auction property market experienced a healthier second quarter, Colliers International said yesterday. The total value of properties sold rose by 49 per cent quarter on quarter to $41.38 million in Q2 this year. The improved296 words
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ECONOMY WATCH
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Article379 2011-07-01 14 States vulnerable if US misses debt payments and loses top rating: Moody’s Reuters [NEW YORK] Moody’s on Wednesday warned it may downgrade some Aaa-rat-ed US states and municipalities if the country loses its top-notch rating or if federal funding falls significantly as part ofReuters - 379 words
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Article, Illustration654 2011-07-01 14 Deals’ value in June down 22% from May to US$178b Bloomberg [NEW YORK] Concerns about a declining global stock market and slowing economic growth are taking a toll on deal-making, with takeovers in June tumbling to the lowest level in eight months.Bloomberg; AP - 654 words
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515 2011-07-01 14 Reuters [NEWYORK] The US Federal Reserve ended its US$600 billion bond-buy-ing programme, known as QE2, yesterday and has yet to offer any hints of more monetary easing to come. That hasn’t stopped investors from wondering what new tricks the central bank mayReuters - 515 words
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Advertisement60 2011-07-01 14 /1(V TV J* Trans Asia Airways 6b. ANNIVERSARY SINCE 1951 fi 1 1 X 5a '*«4jafa Kr TRANS As IA AI RWAYS HAS LAUNCHED ITS INAUGURAL FLIGHT TO SINGAPORE ON 30 JUNE 2011 Congratulations and best wishes from O ST Aerospace A company of ST Engineering ST Aerospace and SATS60 words
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Advertisement84 2011-07-01 14 EPE7.©/MjH? 7S4)[Mjt!MiB(TQ!0 It ma f 3 Residences Penthouses [k JERRY LUM Snr Marketing Director, MBA, CES aril? HP: 8288 0098 View: jerrylum.myweb.sg > Heartbeat Of The Indian Community Incisive features from India, news about the local Indian community, as well as business, education, entertainment, food and sports... with an Indian84 words
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Advertisement113 2011-07-01 14 Siew Hock Meng's Recent Nude Painting 2 to16 7 2011 11:00am—6:30pm Official Opening 02/07/2011 (3:00pm) M t- 5 /i, ZIJUAN ART GALLERY 19 Tanglin Rd #02-07 Tanglin Shopping Centre S *****9 4 S ®N Tel: 6733 0289 www.ziiuanyy.com herworld.com Over $6,000 worth of prizes including luxury holiday at the Baros113 words
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MALAYSIA
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Article, Illustration643 2011-07-01 15 S JAYASANKARAN - Offshore oil gas industry services provider launches prospectus in KL By S JAYASANKARAN in Kuala Lumpur FRESH after taking three of his companies private, reclusive billionaire entrepreneur T Ananda Krishnan made a return to the Kuala Lumpur bourse yesterday with the launchTHE STAR - 643 words
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Advertisement542 2011-07-01 15 E ;m av. :n. S Veoe/t (a f7lo//(r/zd The Luxury Of Resort-Style Living. Right At Home. Spacious Choice Units With Best Views, Starting From S$3.887M Eleven@Holland, a cluster of stylish semi-detached residences set in upscale Bukit Timah. With lush landscaping in a serene setting, every day is a perfect getaway.542 words
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GREATER CHINA/INDIA
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Article, Illustration581 2011-07-01 16 Biggest identity store of a billion people set to spark business innovation Bloomberg [NEW DELHI] Indian lenders such as ICICI Bank Ltd and State Bank of India will be the first companies granted access to the largest personal identity programme in history,Bloomberg - 581 words
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374 2011-07-01 16 It will stop enforcing three rules linking govt purchases to technology transfer Reuters [BEIJING] China will drop some of the “indigenous innovation” rules for government purchases that have riled foreign companies, the Ministry of Finance announced, a step a US business group called an importantReuters - 374 words
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Advertisement2676 2011-07-01 16 :^ATci NOTICES BUY IT-SELL IT-FIND IT Toll free: 1800-289-8822 Email: notices@sph.com.sg ROTOL SINGAPORE LTD (Incorporated in the Republic of Singapore) Registration No. *****0473W NOTICE OF THE ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Raffles Marina, Chartroom, 10 Tuas2,676 words
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Advertisement47 2011-07-01 16 table! THE HEARTBEAT OF THE INDIAN COMMUNITY RUNNING TO FITNESS More Indians are exercising and jogging to shed the pounds and stay healthy OSCARS NOT THE BENCHMARK They are only recognising the best of > American talent, says Kamal Haasan f www.omy.sg MM 1 E SINGAPORE AWARDS http://sgblogawards.omy.sg47 words
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WORLD
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Article, Illustration644 2011-07-01 17 4% drop in shares in June caps the tech giant’s worst H1 showing since 2008 Bloomberg [SAN FRANCISCO] Apple Inc shares dropped 4 per cent last month, capping their worst first-half performance in three years, as investors await new products and fret thatBloomberg; REUTERS - 644 words
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447 2011-07-01 17 Reuters [SYDNEY] Tighter government regulations introduced by some Asian countries to cool sizzling house prices are contributing to higher demand for new apartments in Australia, property services firm CB Richard Ellis said. The Australian apartment market is bucking a softening trend of theReuters - 447 words
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326 2011-07-01 17 Study underlines dramatic growth in China finance sector Reuters [LONDON] Three Chinese banks are now in the world’s top 10, underlining the dramatic growth of the country’s financial industry in recent years, according to a new study released yesterday. Bank of AmericaReuters - 326 words
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516 2011-07-01 20 CEO hopes plan will save £1.5b a year by 2014 and return the bank back to health Reuters [LONDON] Lloyds will axe 15,000 jobs and halve its international presence, a plan its new boss hopes will save £1.5 billion (S$2.95 billion)Reuters - 516 words
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312 2011-07-01 20 TAM YU LING - By TAM YU LING SINGBRIDGE and Guangzhou Development District (GDD) yesterday launched a software collaboration initiative for the development of their Guangzhou Knowledge City joint venture. Minister for Transport and Second Minister for Foreign Affairs Lui Tuck Yew, who officiated the launch in Guangzhou yesterday, said312 words
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619 2011-07-01 20 LEE U-WEN - By LEE U-WEN [SINGAPORE] With Thailand heading to the polls on Sunday, there are still doubts over the future of the economy South-east Asia’s second largest amid mounting concerns about the country’s political stability. The Bank of Thailand recently revealed that, last month619 words
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Article, Illustration795 2011-07-01 20 ANNA TEO - Conference Board’s van Ark expects 4% global growth By ANNA TEO [SINGAPORE] The eurozone will survive the sovereign debt crisis brewing in its backyard, says The Conference Board’s (TCB) chief economist Bart van Ark. And so long as the debt debacle does notYEN MENG JIIN - 795 words
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592 2011-07-01 21 Some are boosting production back home as wages, fuel prices rise in Asia Reuters [MILWAUKEE] On a recent morning at Master Lock’s 90-year-old factory in Milwaukee, a cluster of machinery was whirring, every two seconds spitting out one of the combinationReuters - 592 words
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Article, Illustration306 2011-07-01 21 Reuters [LONDON] Struggling British music and DVD retailer HMV, which has been selling off assets in a bid to secure its future, said trading conditions were set to remain tough as it posted a 61 per cent drop in annual profit. The 90-year-oldReuters - 306 words
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595 2011-07-01 21 Lagarde exit brings women in his govt to just 29% Bloomberg [PARIS] Christine Lagarde’s exit from French President Nicolas Sarkozy’s cabinet of ministers reduces the proportion of women in his government to 29 per cent, far short of the gender parity heBloomberg - 595 words
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Advertisement8 2011-07-01 17 BEATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com. industrialtrust8 words
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Advertisement1077 2011-07-01 17 KS ENERGY LIMITED An Integrated Energy Services Hub NOTICE OF EXPIRY OF WARRANTS (W*****5) TO: ALL HOLDERS OF WARRANTS TO SUBSCRIBE FOR NEW SHARES IN KS ENERGY LIMITED [FORMERLY KNOWN AS KS ENERGY SERVICES LIMITED] (THE "COMPANY") THIS NOTICE IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION. If you are in1,077 words
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Advertisement247 2011-07-01 18/19 THOMSON GRAND PREMIER NEIGHBOURHOOD Singapore Island Country Club (SICC) one of the most prestigious golf clubs in Singapore with long and illustrious history Four beautiful world-class 18-hole championship courses PREMIER EDUCATION HUB Ai Tong Primary School St Nicholas Girls' School Raffles Institution Catholic High School etc UNIQUE AND MULTIPLE VIEWS247 words
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Advertisement2569 2011-07-01 20 Valuetronics VALUETRONICS HOLDINGS LIMITED (Incorporated in Bermuda on 18 August 2006) (Registration Number *****) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of VALUETRONICS HOLDINGS LIMITED ("the Company") will be held at Amara Hotel, Connection 3, Level 3, 165 Tanjong Pagar Road, Singapore *****92,569 words
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Advertisement49 2011-07-01 21 @oHC/nattdatio*t& fo Mr Ong Pang Aik (BBMJ Chairman Managing Director of Lian Beng Group Ltd on being awarded the Entrepreneur Of The Year Award at the Asia Pacific Entrepreneurship Awards 2011 Singapore APEA ASIA PACIFIC ENTREPRENEURSHIP AWARDS 2011 With heartiest congratulations from enturion Singapore Hong Kong Shanghai CENTURION GROUP49 words
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Advertisement92 2011-07-01 21 HOT NEW LISTING! BUNGALOW FREEHOLD FOR SALE The LIFESTYLE you've earned awaits you here! 14,000sqft Cottage Very RARE PR's Eligible o Enjoy Seclusion Tranquility in this Idyllic, almost NEW Country Home! o Good sized House complete with 4rms, ensuites, TV rm. Study rm. Gourmet kitchen. Huge living hall with High92 words
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EDITORIAL & OPINION
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483 2011-07-01 22 EDITORIAL AMID mutterings of protest and resistance elsewhere to upcoming new global capital adequacy rules for banks, Singapore has decided on standards that go beyond the Basel III requirements, and will be implemented even earlier too. While the Basel accord drawn up last September483 words
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Article, Illustration845 2011-07-01 22 LEON HADAR - THE BOTTOM LINE LEON HADAR Washington Correspondent MUCH has been said and written in recent years about the growing challenge to US geo-strategic and geo-economic status by China, BRIC (Brazil, Russia, India and China) and the other rising845 words
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Article, Illustration973 2011-07-01 22 BENEDICTA MARZINOTTO - It should be used more systematically to leverage strategic financing of private investments By BENEDICTA MARZINOTTO in Brussels The writer is a research fellow at Bruegel, a Brussels-based think tank, and lecturer of political economy at the University of Udine, Italy THE EuropeanAP - 973 words
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Article, Illustration1029 2011-07-01 23 SHARAD SOMANI - It should now take its innovation in developing water sector to next level By SHARAD SOMANI The writer is a Partner, KPMG Global Infrastructure and Projects Group. He also leads the regional Power Utilities Advisory team. The views and opinions expressedFILE PHOTO - 1,029 words
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676 2011-07-01 23 AL LABITA - By AL LABITA in Manila The writer is a Manila-based contributor to BT GLOBE Telecom, SingTel’s joint venture with listed Manila conglomerate Ayala Corp, is pushing hard against an anti-competi-tion move in the Philippines. The target of Globe’s ire is the whopping676 words
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Page 23 Advertisements
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Advertisement146 2011-07-01 23 Wine, Dine Hospitality Highlights v...- BT Wine, Dine Hospitality Page save more than *co I ful\-c° x For advertisement bookings and sales enquiries, please contact: Lawrence Chang 9229 4919 Jeffrey Nah 9623 2128 LinaTan 9620 1355 AlisaTan 9154 8381 Francis Yeo 9620 1356 Colin Ong 9231 1280 sfh ri A146 words
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AVIATION/SHIPPING
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Article, Illustration612 2011-07-01 24 VEN SREENIVASAN - Freight traffic down 4%; Asia-Pacific carriers record an expansion of 4.7% Reports by VEN SREENIVASAN GLOBAL air passenger traffic rose 6.8 per cent in May, reversing a softening trend of the previous three months. According to the latest data from the International Air TransportAFP - 612 words
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Article278 2011-07-01 24 SGX '000 Jun 30 S$ +/-Vol CH Offshore 0.43 unch 81 Chuan Hup Hldg 0.25 -0.01 97 Cosco Corp 1.95 0.01 8914 CWT Ltd 1.34 0.10 7562 Ezra Hldgs 1.49 0.01 5125 First Ship Lea 0.35 unch 866 Freight Links 0.07 unch 2673 Grand Banks unch unch 0278 words
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Article, Illustration429 2011-07-01 24 TONY Tyler, the 30-year veteran of Cathay Pacific, takes over today from Giovanni Bisignani as the leader of the International Air Transport Association. And he does so as the industry continues to struggle to remain profitable in the face of stubbornly high fuel429 words
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497 2011-07-01 24 JOYCE HOOI - It now faces the logistical question how it will be done By JOYCE HOOI MAERSK Line has come to an official position on Iran literally overnight, saying in a statement issued late on Wednesday night that it will stop serving three Iranian497 words
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Article, Illustration624 2011-07-01 24 Reuters [SINGAPORE] Asian budget airlines placed a record US$42 billion in plane orders over the past week, signalling their high expectations for travel in the world’s fastest growing market and also triggering worries that some may not survive. Many of the no-frillsReuters; BLOOMBERG FILE PHOTO - 624 words
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323 2011-07-01 24 Bloomberg [SEATTLE] AMR Corp’s American Airlines is discussing an order of as many as 280 new narrow-body jets, a deal that may set an industry record, in talks with Airbus SAS and Boeing Co, two people with knowledge of theBloomberg - 323 words
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Page 24 Advertisements
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Advertisement261 2011-07-01 24 SOUTH EAST ASIA AND SOUTH ASIA AUSTRALIA TRADE FACILITATION AGREEMENT NOTICE TO TRADE BUSINESS PLAN 2011 RATE RESTORATION EFFECTIVE 1 AUGUST 2011 FROM SOUTH EAST ASIA AND SOUTH ASIA TO AUSTRALIA Reference is made to the Business Plan for 2011 announced by Members in December 2010. The following participating Member261 words
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Advertisement293 2011-07-01 24 ASIAN FEEDER DISCUSSION GROUP (AFDG) NOTICE TO TRADE BUSINESS PLAN 2011 The following feeder operators having reviewed the market conditions wish to advise that they can no longer continue to provide the level of service based on current rate levels. Costs, which include charter hire, are rising. The increase in293 words
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SINGAPORE STOCKS
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Article8394 2011-07-01 25 Transaction date: Jun 30 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 52-wks High Low 21 15 8Telecom 16 +0.5 460 16 15 15.5 16 7.8 3.8 3.4 76.6 12 4.5 A-Sonic8,394 words
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Article1517 2011-07-01 26 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 5.5 4 t AA Grp 4 unch 90 4 4 3.5 4.5 19 3.9 202 142 t APStrategic 149 -4 1 149 149 1481,517 words
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Article9918 2011-07-01 26 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.35/ APS Alpha Fund (USD)!** 1.09/ AXA Life Secure Ascent 2020 Fund 0.9569/0.9569 AXA Wealth Mgt S'pore Pte Ltd AXA WM -Talents Fund 0.71/ Aberdeen Asset Mgt Asia Limited American Opp 0.641/ Asian Credit Fund9,918 words
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Article224 2011-07-01 26 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 56 34 AVJennings A46 43.5 46 3.6 7.6 3.7 119.8 55 18 Genting HK US$ US37 unch 9972 37.5 37 37 37.5 2436.3 21 12 Over&Gen A15224 words
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Article863 2011-07-01 26 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 124 108 ABF SG Bond ETF 114.5 -2.5 15 114.5 114 113.5 114 522.7 1077 835 CIMBAsean40 100US$ US1041 1043 1066 41.6 350 287 DBS STI863 words
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FINANCE & COMMODITIES
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374 2011-07-01 27 In local curr In S$ In US$ dy yr dy yr dy yr Jun 29 Index Change Change Change Change Change Change World Index Preliminary 901.9 1.1 0.5 0.8 -1.2 1.3 2.6 EAFE Preliminary 777.3 1.7 -3.0 1.3 -2.4 1.9 1.3 Europe Preliminary 1153.6 1.8374 words
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Article77 2011-07-01 27 CRUDE OIL PRODUCTS Jun 29 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 111.96 4.06 WTI (Near Mth) 94.80 2.08 Dubai (1-Mth F) 104.30 2.05 Tapis blend 114.27 2.45 Minas 110.77 2.45 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 98.22 2.83 Jet Kerosene 122.50 3.30 US$/barrel Opec Oil77 words
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Article109 2011-07-01 27 Jun 29 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jul 11 1334.25 1330.75 1350.00 1326.25 Aug 11 1327.50 1324.50 1344.50 1320.50 Sep 11 1323.50 1321.00 1338.50 1318.25 Nov 11 1323.00 1319.00 1338.50 1317.50 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Jul 11 55.83109 words
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Article81 2011-07-01 27 Jun 30 Jun 30 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****A 29.09.2011 0.32 1-Year BY*****X 02.05.2012 0.41 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year NX*****Z 2.250 01.07.2013 103.63 103.67 103.67 5-Year N*****0W 1.125 01.04.2016 100.6481 words
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Article454 2011-07-01 27 Jun 30 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Sep11 99.6400 0 5667 Dec11 99.5550 0 4243 Mar12 99.4900 0 1628 Jun12 99.3650 0 1653 EUROYEN TIBOR FUTURES Sep11 99.6675 0 1235 Dec11 99.6650 0 1392 Mar12 99.6550 10 1823 Jun12 99.6475 30 1464 Sep12 99.5800454 words
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Article175 2011-07-01 27 Jun 30 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Jul 11 456.0 444.5 456.0 44 104 Aug 11 454.0 449.0 454.0 29 182 Sep 11 455.0 450.3 455.0 60 405 Oct 11 392 Nov 11 454.1 454.0 454.0175 words
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Article, Illustration75 2011-07-01 27 www.smx.com.sg As on 29 June 2011 PRODUCT CONTRACT HIGH LOW CLOSE PREV CLOSE PRECIOUS METALS Gold Cash Aug-11 1510.8 1505.3 1510.1 1500 Silver Cash Sep-11 34.39 34.375 34.755 33.64 CURRENCY Euro-US Dollar Sep-11 1.4415 1.4301 1.4353 1.4342 Aust-US Dollar Sep-11 1.0509 1.0465 1.0527 1.0414 BASE METALS Copper75 words
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Article121 2011-07-01 27 As at 9am Jun 30 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.363 1.286 Can dollar 1.296 1.247 Euro 1.816 1.747 Sterling pound 2.018 1.941 NZ dollar 1.05 1 US dollar 1.25 1.202 Local dollars to 100 units of foreign121 words
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Article28 2011-07-01 27 Jun 30 Sett Open High Sett STI Jun 3120 SIMSCI Jun 356.8 361.8 360.4 Taiwan Jun 294.7 297.3 296.2 Source: MF Global (S) Pte Ltd28 words
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2613 2011-07-01 27 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 25.5 1 150 18 5.84 35 ASJ Hldgs W*****1 1.5 1 4 38 2.67 8 AlliedTech W*****2 1.5 1 4 29 Asia Water Tech Ltd W*****8 3.5 0.52,613 words
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Article180 2011-07-01 27 Jun 30 $S Offer Bid 0vernight 0.04 0.02 1-month 5/16 1/16 2-months 3/8 1/8 3-months 7/16 3/16 Overnight mode: 0.02 US$ Offer Bid 7 days 0.25 0.15 1 month 0.28 0.18 2 months 0.32 0.22 3 months 0.36 0.26 6 months 0.46 0.36 9 months 0.70 0.50 12180 words
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Article464 2011-07-01 27 Jun 30 Jun 30 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.037 6.934 0.740 8.350 47.972 92.152 0.863 11.454 3.239 1.295 92.195 46.492 1.318 7.260 0.895 30.816 32.985 0.667 1.073 Canada464 words
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Article85 2011-07-01 27 Jun 30 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 0.***** 0.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths85 words
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Article156 2011-07-01 27 Jun 30 Jun 30 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.3175 1.3189 1.0727 1.0730 Canadian dollar 1.2700 1.2715 1.0340 1.0344 Euro 1.7794 1.7814 1.4488 1.4492 NZ dollar 1.0172 1.0193 0.8282 0.8292 Sterling pound 1.9740 1.9762156 words
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Article22 2011-07-01 27 Jun 30 S$ Bid Offer 1-month 1.2282 1.2292 2-months 1.2281 1.2292 3-months 1.2280 1.2290 6-months 1.2275 1.2285 Source: OCBC22 words
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Article142 2011-07-01 27 Jun 30 GOLD (US$/oz) Jun 29 Jun 30 Hong Kong 1512.00 1512.00 Jun 28 Jun 29 London 1503.36 1506.00 1504.13 1506.75 Source: Thomson Reuters Source: Thomson Reuters CAST BAR Jun 30 (S$) Selling Buying Kilobar 64,317.70 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 144 60 5gm 409142 words
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Article71 2011-07-01 27 Jun 29 Jun 29 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2503.25 2489.00 3 months 2533.00 2520.00 Copper, Grade A (US$/tonne) Cash 9312.00 9060.00 3 months 9320.00 9072.00 Lead (US$/tonne) Cash 2618.75 2569.75 3 months 2634.00 2584.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne)71 words
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Article65 2011-07-01 27 Jun 30 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Jul 11 3150 3107 3165 3115 686 2441 Aug 11 3134 3085 3141 3075 2768 ***** Sep 11 3123 3072 3136 3087 ***** ***** Oct 11 3119 307065 words
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Article82 2011-07-01 27 Jun 29 COCOA (£/tonne) Close Prev High/Low Jul 11 1935 1899 1939/1905 Sep 11 1959 1918 1963/1927 Dec 11 1983 1939 1985/1948 Mar 12 1994 1953 1997/1964 COFFEE (US$/tonne) Close Pev High/Low Jul 11 2439 2455 2478/2434 Sep 11 2472 2490 2514/2468 Nov 11 2497 2512 2535/2496 Jan 1282 words
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5535 2011-07-01 28 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. *****3249E 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 Destination5,535 words
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Page 28 Advertisements
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Advertisement16 2011-07-01 28 Experienced shf p maintenance services wanted. Can they find your services here in the Shipping Times?16 words
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Advertisement11 2011-07-01 28 To All Shipping Advertisers: Please call Joe Wong at 9620 132711 words
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Page 29 Advertisements
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Advertisement29 2011-07-01 29 FREIGHT FORWARDER urgently needed by shippers Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE WONG AT 9620 1327 THE BUSINESS TIMES SHIPPING TIMES29 words
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Advertisement18 2011-07-01 29 USE THIS SPACE TO SELL CALL JOE WONG AT 9620 1327 TO ADVERTISE THE BUSINESS TIMES SHIPPING TIMES18 words
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Page 30 Advertisements
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Advertisement104 2011-07-01 30 TRANSTHERM' State-of-the-Art Wine Cabinets Series l: v:Y(J' Manoir Prestige Series Villa Elegance Series Bastide Elegan ce Series sowine Purchase a Transtherm wine cabinet today and get a FREE SoWine Home Wine Bar worth $779.* *Applicable on Manoir, Villa and Bastide only. Log on to www.apslifestyle.com for terms and conditions. Available104 words
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Page 30 Miscellaneous
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Miscellaneous297 2011-07-01 30 CRYPTIC CROSSWORD Across 1 Form of study is a challenge to those driving in Kent (8,6) 9 Instrument producing introduction to ballad equally well (7) 10 Inadvertently revealed what could be retold quietly (3,4) 11 Rows rise up, head to tail (4) 12 Drive into rough building left half falling297 words
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executive lifestyle
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PURSUITS
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Article, Illustration885 2011-07-01 30 TAN TECK HENG - By TAN TECK HENG RENOWNED food artist Ayako Suwa draws a distinction between eating and tasting: “to eat is to live; to taste is to evolve,” she declares. At her sell-out Guerilla Restaurant Singapore event last week at TripleOne Somerset, Ms Suwa also showed it was possibleBRANDSTORY INC - 885 words
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Article, Illustration1184 2011-07-01 30 ALEXIS SWERDLOFF - Pop-up clubs which open and close at the same venue, at the whim of its fickle clientele is all the rage, writes ALEXIS SWERDLOFF writes ALEXIS SWERDLOFF NYT BY day, Jobee, an unassuming Taiwanese restaurant on Howard Street, just east of the fashion temple Opening Ceremony and northNYT; PHOTOS: NYT - 1,184 words
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BOOKS
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Article, Illustration744 2011-07-01 31 CHRISTOPHER LIM - William H Davidow, who helped create the Internet, now decries the unfettered access the world enjoys in online connectivity, reviews CHRISTOPHER LIM reviews CHRISTOPHER LIM WHEN technologists decry technology, it gets everyone’s attention, and William H Davidow has given a resolute thumbs down to the unbridled744 words
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Article, Illustration466 2011-07-01 31 TAN TECK HENG - By TAN TECK HENG IN the Psychology section at Kinokuniya, you’ll find an odd title Tiger, Tiger: A Memoir by one Margaux Fragoso. In case you haven’t heard of the controversy surrounding it, this is no self-help book about how to unleash your inner animal466 words
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ARTS
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Article, Illustration1116 2011-07-01 32 CHEAH UI-HOON - The Nederlands Dans Theater I’s double bill is a timely artistic snapshot of the company’s dance and stage aesthetics, writes CHEAH UI-HOON IN 1959, 22 dancers broke away from the Nederlands Ballet to form their own dance company. Fifty two years later, the acclaimed Nederlands Dans Theater (NDT)PHOTOS: ESPLANADE - 1,116 words
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AROUNDTOWN
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Article, Illustration198 2011-07-01 32 WITH a core message of peace, the Little Singers of Monaco (above), which is under the royal patronage of HSH Prince Albert II of Monaco, has travelled across the world to critical acclaim, earning themselves an international reputation for their musical sensitivity and a strong representation198 words
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Article, Illustration131 2011-07-01 32 In celebration of a three-year partnership between Gucci Timepieces Jewelry and the Recording Academy, the two have organised a worldwide travelling exhi- bition that has come to Singapore’s luxury shopping centre, Paragon. The exhibi- tion displays limited-edition memorabilia, including stratocaster guitars of Grammy Award-winning131 words
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Article113 2011-07-01 32 NATALIE KOH - Compiled by NATALIE KOH In conjunction with the launch of the SK-II an-ti-ageing product, the brand is holding An Eye on A Decade, a series of photographs by famed Hong Kong photographer, Wing Shya, that displays the eyes of 10 successful women in113 words
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Article, Illustration759 2011-07-01 32 CHEAH UI-HOON - By CHEAH UI-HOON IT’S no longer just a magic show. Father and daughter illusionist duo LawrenceandPriscillaKhong areupping their game in their next production, Vision, in ways that will make the theatrical world sit up and take notice. At least, that’s the plan. The Khongs are accomplishing759 words
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Article, Illustration402 2011-07-01 32 DYLAN TAN - By DYLAN TAN VISITORS to the National Museum of Singapore can expect to step back in time, literal- ly, with a new exhibition, Treasures of Vacheron Constantin. One hundred and eighty timepieces from the Geneva-based Manufacture spanning almost three centuries are on display with the watches illustratingPHOTOS: VACHERON CONSTANTIN - 402 words
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Article, Illustration468 2011-07-01 32 NATALIE KOH - By NATALIE KOH PHOTOGRAPHY has always been a way to record history. It stalls time, capturing a single moment of reality into a picture forever. But with the development of technology comes Photoshop, allowing the tweaking of these pictures of apparent reality. Indonesian photographer, Agan Harahap, takes full468 words
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FESTIVALS AROUND THE WORLD
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Article, Illustration874 2011-07-01 33 YAO LU - Wuhan’s annual River-Crossing Festival, popularised by Mao Zedong, attracts thousands of participants every July. By YAO LU The writer grew up in Wuhan, China. He is now pursuing his graduate studies at the University of Pennsylvania Brought to you by Ascott THE River-Crossing Festival in Wuhan,PHOTOS PROVIDED BY YAO LU - 874 words
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MUSIC/PURSUITS
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Article, Illustration986 2011-07-01 34 CHRISTOPHER LIM - From the cigar-chomping to the raw power of the Social Club music, The Bar atBuena Vista packs in the real deal, reviews CHRISTOPHER LIM reviews CHRISTOPHER LIM NOW that three stars of the 1997 Buena Vista Social Club album line-up have passed away986 words
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Article, Illustration567 2011-07-01 34 CHRISTOPHER LIM - CD REVIEWS By CHRISTOPHER LIM WHAT counts as a local album? Those released by bands based here easily qualify, but less obvious examples include Singaporean artists based overseas, as well as overseas artists who do a lot of work here. Local rock bands West Grand567 words
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Article, Illustration373 2011-07-01 34 DYLAN TAN - By DYLAN TAN THE Singapore Indoor Stadium turned into the city’s biggest indoor disco on Wednesday night as Kylie Minogue’s colossal US$25m (S$30.7m) tour Aphrodite Live rolled into town for one night only. To call the show just a concert would be a gross understatement withPHOTOS: ALOYSIUS LIM/WARNER MUSIC SINGAPORE - 373 words
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Article, Illustration479 2011-07-01 34 CHRISTOPHER LIM - GAMING REVIEW By CHRISTOPHER LIM WHEN an Alice In Wonderland game is rated here as being suitable only for those 16 and above, it should be a clear warning that a classic fairy tale this is not. But when a book has been adapted to film several479 words
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CINEMA
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557 2011-07-01 35 Jaime Ee - OFF THE CUFF Jaime Ee CITIZENS of Singapore, it is time to return to the polls. It will be a groundbreaking election, and constitutional regulations indicate it must take place before the next major school holiday break. You are advised to weigh each candidate’s557 words
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Article, Illustration613 2011-07-01 35 DYLAN TAN - Director Michael Bay’s groundbreaking action sequences are so well crafted it renders the 3D canvas a clunky gimmick, reviews DYLAN TAN reviews DYLAN TAN NO matter what anybody tells you, nobody really reads Playboy only for the articles. Similarly, no one goes to a Transformers movie expectingPHOTOS: PARAMOUNT - 613 words
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Article, Illustration481 2011-07-01 35 TAN TECK HENG - DVD REVIEW By TAN TECK HENG ROMANTIC comedies are pretty standard affairs cast two lookers, throw in some zingers, and call on the formulaic break-up plot with happy ending to create a lucrative feel-good buzz for the audience. But with power duo Anne Hathaway and Jake Gyllenhaal481 words
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Article, Illustration495 2011-07-01 35 DYLAN TAN - By DYLAN TAN FOR something as ugly as the Israel-Palestine conflict, director Julian Schnabel sure has crafted a pretty good-looking movie out of it with Miral complete with post-card-perfect cinematography. And we haven’t even got to Freida Pinto yet, who brings an accidental glam factorTHE WEINSTEIN COMPANY - 495 words
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Article, Illustration1489 2011-07-01 36 TAN TECK HENG - Safer versions of extreme sports in the form of water-skiing, bungee-jumping and indoor skydiving designed to rope in rank amateurs are seeing an upward trajectory as novel ways to de-stress and reboot, reports TAN TECK HENG reports TAN TECK HENG ASSOCIATE lawyer Chua Kai En spends hours monitoringPHOTOS: I FLY SINGAPORE, ORCHARD CENTRAL, KOBIE RHODES (G-MAX EXTREME SWING) - 1,489 words
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Page 31 Advertisements
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Advertisement49 2011-07-01 31 Credit Suisse: Innovation In Art Series A T a n HIST Y a 1 9650 A Selei Singap ction from ore Art Mi the Centr seum Col u and Credit Suisse: Innovation In Art Series CREDIT SUISSE I SSE IS PR A SELEC" June September 18 credit-suisse.com/lesamis 10 201149 words
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Advertisement143 2011-07-01 33 FEEL RIGHT AT HOME AT ASCOTT SERVICED RESIDENCES IN THE PHILIPPINES Enjoy home comforts coupled with local experiences from our residents' activities when you stay at any of our four serviced residences in the Philippines. At Ascott and Somerset, modern facilities, spacious living areas and attentive service come together for143 words
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Advertisement43 2011-07-01 35 IN THE WORLD OF THE ARTS" SPH THE STRAITS TIMES, LIFE! TITLE SPONSOR SEASON SPONSOR EARLY BIRD NOW ON! 20% Discount for OCBC Cardmembers 15% Discount for General Public www.mansingaporetheatrefestival.com OFFICIAL CARDS CORPORATE SPONSOR OFFICIAL MAKE-UP PRODUCED BY Man Bank OCBC CARDS 143 words
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Advertisement185 2011-07-01 36 magicbricks .com presents t I Delhi Hotel Marina Bay Sands, Singapore 2 nd 3 rd July 2011 The Most Awaited Property Show is BACK! Magicbricks.com, India's No.1 property site presents India Property Show 2011, showcasing properties from the most preferred Investment Destination of India. The show will display properties in185 words
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Advertisement13 2011-07-01 36 MUSIC The Bar At Buena Vista is the real Cuban deal PAGE 3413 words
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