The Business Times, 19 August 2011

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Microfilm: NL31592
Total Pages: 37
1 38 The Business Times
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  • Title Section
    Lock icon Masthead
    23 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|£l A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 138/08/2010 Friday, August 19,
    23 words
  • Article, Illustration
    Lock icon Payday for CK Tang minorities who waited and waited
    804 1  -  By JAMIE LEE [SINGAPORE] CK Tang has offered an enticing deal to about 500 minority shareholders who have held on to shares of the delisted company. And what a difference two years can make. The fresh move, a capital reduction exercise
    FILE PHOTO  -  804 words
  • Article
    Lock icon Great Leap Forward for Hong Kong bourse
    731 1  -  JV with Shanghai, Shenzhen exchanges may reshape the future for HKEx By in SHU-CHING JEAN CHEN in Hong Kong NO one is talking about a merger anytime soon, but Hong Kong Exchanges and Clearing is tying itself more closely to the fortunes of
    731 words
  • Article
    Lock icon MARKETS DIGEST
    144 1 HST INDEX 2,824.96 (-3.57) H ST INDEX FUTURES 2,812 (-15) H SIMSCI 324.70 (-1.72) H SIMSCI FUTURES 323.60 (-2.30) FOREX US$ S$ US$ (S$ per US$) 1.208 (US$/S$ per 1.652 1.996 EURO (US$/S$/E) 1.443 1.743 Foreign currency per US$ S$ YEN 76.60 63.40 RM 2.982 2.469 HK$ 7.793
    144 words
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      Lock icon Page 1 Advertisements Column 1
      102 1 OPERA S’pore premiere of Salome at Esplanade PAGE 35 lL GE'ii^P Creator of dreams LA BISE COLLECTION Automatic. 18K Rose gold with diamonds AVAILABLE AT EXCLUSIVE SARCAR RETAILERS: SINGAPORE Bezel (+65) 6333 5833 Leong Poh Kee (+65) 6296 9998 Masterpiece Time Jewels (+65) 6887 4747 INDONESIA 21 Watch Boutique (+62-21)
      102 words
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      29 1 PROPERTY Sales of private homes up 21.6% in Q2 PAGE 2 Outwit, outserve, outsource Why more four-star hotels are outsourcing their entire F&B operations EXECUTIVE LIFESTYLE I PAGE 38
      29 words
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      12 1 FASTEST GROWING 50 Many companies thriving despite the economic uncertainty PAGES 16-25
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      15 1 WINE Vintage showstoppers PAGE 34 Dismal US data spooks market I PAGE 14 *****1 *****4
      15 words
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  • TOP STORIES
    • Article
      Lock icon Presidential hopefuls make their pitches
      740 2  -  Each stresses his fitness for the post; they will get opportunity to address nation again on Aug 26 By LEE U-WEN [SINGAPORE] One of Tan Cheng Bock’s proposals as president, should he be elected, will be to move the Prime Minister’s Office (PMO) out of
      740 words
    • Article, Illustration
      Lock icon Private home sales in Q2 rise 21.6%
      577 2  -  Chinese purchases hit new high as share of foreigners stays at record 16% By UMA SHANKARI [SINGAPORE] Sales of private homes rose 21.6 per cent quarter on quarter in Q2 2011 and the number of units bought by mainland Chinese buyers hit a
      Source: URA, DTZ Research  -  577 words
    • Article
      Lock icon THREE-MINUTE DIGEST
      464 2 Great Leap Forward for Hong Kong bourse NO ONE is talking about a merger anytime soon, but Hong Kong Exchanges and Clearing is tying itself more closely to the fortunes of China by embracing its two rivals on the mainland. A joint venture involving HKEx and exchanges in
      464 words
    • Article
      Lock icon No need for action amid negative SOR: MAS
      406 2  -  By TEH SHI NING [SINGAPORE] Singapore’s domestic money markets continue to function in an orderly manner, and there has been no need for “extraordinary measures”, the Monetary Authority of Singapore said yesterday, in response to media queries on the fall of the
      406 words
    • Article
      Lock icon Man U applies to SGX for listing
      270 2 AFP [SINGAPORE] English Premier League champions Manchester United have filed an application with the Singapore stock exchange for a public listing, a source close to the deal said yesterday. The Red Devils, the Premiership titleholders and three-time champions of Europe, submitted their application
      AFP  -  270 words
    • Article, Illustration
      Lock icon Demand for gold falls 17% in Q2
      521 3  -  Decline in investment y-o-y offsets growth in jewellery demand By FELDA CHAY [SINGAPORE] Gold demand in the second quarter dived 17 per cent from a year ago, which saw “remarkably strong levels” of buying interest, said the World Gold Council (WGC) yesterday. With
      BLOOMBERG  -  521 words
    • Article
      Lock icon San Miguel offer short of Esso’s Wed closing price
      437 3  -  M’sian refiner slips by some 20% as investors exit after offer details emerge By Kuala PAULINE NG in Kuala Lumpur SHARES of Esso Malaysia fell by nearly a fifth yesterday after market players, who were expecting a windfall from San Miguel
      437 words
    • Article
      Lock icon Bill Gates, Japan in novel deal to help Pakistan fight polio
      486 3  -  Gates Foundation to repay Jica’s loan to Pakistan if plan is successfully implemented By ANTHONY ROWLEY in Tokyo THIS is what happens when a top entrepreneur puts his skills to use in the charity sector. He uses the power
      486 words
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      189 2 Ready For Home Entertainment That's LARGER Than Life? iP iPhone Parrot A Wireless Stereo System $2688 designedbyPhilippeStarck UP $2999 Since our inception in 1998, we have commissioned over 7000 residential and commercial projects, from luxury yacht to 60-seat private theatre room, conference hall's sound reinforcement to 'live' band set up.
      189 words
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      201 3 A CUT ABOVE SOPHISTICATION PRESENTING: A BRILLIANCE IN TIME, 19-28 AUG 2011 m 7 n_ 1 i I X 9 ni v V <// wk Timeless Treasures LI Atrium An exclusive exhibition featuring Boucheron, Chaumet, Cortina Watch, Franck Muller, Harry Winston, Omega, TAG Heuer, The Hour Glass and Tudor. A
      201 words
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  • COMPANY NEWS
    • Article
      Lock icon SATS forms food venture
      332 4  -  By JOYCE HOOI SATS Ltd, through its wholly owned subsidiary SATS Investments Pte Ltd (SIPL), is taking a 51 per cent stake in a joint venture firm that will provide food and allied services to firms operating in remote areas around the world. SIPL’s partner in
      332 words
    • Article
      Lock icon CMA ups stake in 2 China malls
      439 4  -  Effective stakes in Minhang Plaza and Hongkou Plaza will be 65% and 72.5% after acquisitions By CARINE LEE CAPITAMALLS Asia (CMA) is acquiring an additional 50 per cent stake each in two Shanghai malls Minhang Plaza and Hongkou Plaza paying a total of
      439 words
    • Article
      Lock icon Bank stocks’ upside clouded by economic fears
      807 4  -  HOCK LOCK SIEW By WONG WEI KONG BANKING stocks may be looking attractive with their valuations pulled down by the general weakness in the market, but that’s only half the story. And it’s the other half that is causing more concern. For investors
      807 words
    • Article
      Lock icon Defensive-play tag helps lift Sheng Siong
      475 5  -  Stock hits 36.5 cents before closing at 35.5 cents, 2.5 cents up from its IPO price By MINDY TAN TOUTED as a defensiveplay hot stock, Sheng Siong rose as much as 2.5 cents yesterday, before ending the day up 1.5 cents at 35.5 cents,
      475 words
    • COMPANY BRIEFS
      • Article
        Lock icon Tiong Woon unit wins Tuas contract
        60 5 TIONG Woon Corporation’s 51 per cent-owned subsidiary, Tiong Woon Oasis Marine Engineering, has won a contract for Tuas new yard (Phase 1) project, which is owned by Jurong Shipyard. Tiong Woon said that, for confidentiality reasons, it is unable to disclose the contract amount.
        60 words
      • Article
        Lock icon Union Steel posts plunge in Q4 earnings
        73 5 UNION Steel Holdings posted a 68.1 per cent fall in net profit to $0.4 million for its fourth quarter ended June 2011 from a year ago, with revenue falling 39.2 per cent to $18.9 million. But for the full year ended June, it
        73 words
    • Article
      Lock icon What proportion of boards should be women?
      402 5  -  Majority of survey respondents find 11-30% reasonable By STEPHANIE RIADY IT’S true that few women sit on company boards in Singapore. One NUS Business School study, for example, found that women made up just 6.8 per cent of all boardroom positions in Singapore’s
      402 words
    • Article, Illustration
      Lock icon ASX posts 13% rise in H2 profit on higher trading volume
      505 5 Bloomberg [SYDNEY] ASX Ltd, operator of Australia’s main stock exchange, posted a 13 per cent increase in second-half profit as trading volume rose amid global economic uncertainty. Net income rose to A$180.3 million (S$228.5 million) in the six months
      Bloomberg; BLOOMBERG  -  505 words
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      342 4 {~."/<<.!\<-}__*'%;&)}%]"_;:[<% BUSINESS LEADERS INITIATIVE 1 2 September 2011 AN EXCLUSIVE EVENT FOR CEOS AND SENIOR MANAGEMENT Amidst global uncertainties, the Business Leaders Forum 2011 will discuss how businesses can innovate for sustainable growth. Opening address by: Keynote speech by: Moderated by: Ms Chong Siak Ching President CEO, Ascendas Pte Ltd
      342 words
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      8 4 MPAS MAGAZINE AWARDS 2011 BEST USE OF PHOTOGRAPHY/ILLUSTRATION
      8 words
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  • Article
    Lock icon 6-month and Q2 results ended June 2011
    3753 6 6 months ended June 2011 NET PROFIT TURNOVER CURRENT PREVIOUS CURRENT PREVIOUS CHNG CHNG (S$m) (S$m) 3 months ended June 2011 NET PROFIT TURNOVER CURRENT PREVIOUS CURRENT PREVIOUS CHNG CHNG (S$m) (S$m) 1 HK Land 4675.73 1932.36 142.0 927.53 940.31 -1.4 2 Jardine
    3,753 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon STI lower after late selldown
      603 8  -  Index surrenders early gains on weaker US index futures and big opening losses in Europe STOCKS VEN SREENIVASAN Senior Correspondent AFTER kicking off the session on a strong note, the Singapore market collapsed during the final hour of trading yesterday, as sellers dumped stocks amid
      Source: Bloomberg  -  603 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      110 8 Stock name Close Change CapMallsAsia 1.175 CapitaLand 2.500 -0.040 CapitaMall 1.745 -0.035 CityDev 10.030 +0.040 ComfortDelGro 1.305 -0.020 DBS Grp 13.890 -0.010 F&N 5.570 +0.050 GLP 1.720 +0.035 Genting SP 1.645 +0.015 Golden Agri 0.660 -0.010 HK Land 5.700 -0.050 JMH 51.530 +0.810 JSH 30.250 +0.570
      110 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 6 5 2 0 0 0 6 5 2 Manufacturing 42 60 50 2 11 7 44 71 57 Commerce 18 18 21 1 8 4 19 26 25 Tpt/Stor/Comms 8 27 8
      186 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      121 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 21,022 21,022 90,278 90,278 Manufacturing 183,221 5,532 188,753 201,480 167 201,646 Commerce 219,319 6,307 225,626 162,147 471 162,618 Tpt/Stor/Comms 187,157 1,524 188,681 234,750 98 234,848 Finance 22,659 167 22,826 253,023 37 253,060 Construction 19,777 15,182
      121 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 8 DAILY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      64 8 Aug 18 VALUE CLOSE BT OB/OS -1583.00 +70.00 BT CADI -*****.00-117.00 BT 10-day MA -*****.00-158.00 FTSE ST Mid Cap 653.19 -5.86 FTSE ST Small Cap 439.24 -1.96 FTSE ST All Share 683.94 -1.80 FTSE ST China Top 207.74 -2.13 FTSE ST China 242.75 -1.11 FTSE ST Catalist
      64 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      59 8 VOLUME Sheng Siong 100,589,000 Golden Agri 80,082,000 Genting SP 60,072,000 HSI*****MBeCW*****9 54,924,000 HPH Trust US$ 54,246,000 NexGenSCom 41,751,000 Yangzijiang 39,298,000 Noble Grp 37,414,000 Cosco Corp 32,328,000 SingTel 24,003,000 VALUE($) Genting SP 98,918,915 UOB 90,087,330 DBS Grp 74,525,094 OCBC Bk 73,408,580 SingTel 70,264,350 Keppel Corp 62,175,610 Noble Grp
      59 words
    • BROKERS’ TAKE
      • Article
        Lock icon City Developments
        367 8 Aug 18 close: $10.03 OCBC Investment Research, Aug 18 A SUBSIDIARY of City Developments (CDL), Sunmaster Holdings, was part of a joint venture that put in the top tender for a 99-year landed residential site at Serangoon Gardens Way. The site has an area of 28,401.5 sq m
        367 words
      • Article
        Lock icon Real Estate Investment Trusts
        444 8  -  CIMB Research, Aug 18 Compiled by LYNN KAN WE RECENTLY hosted nine Singapore and Malaysia real estate investment trusts (Reits) at our inaugural Asean Reit conference. While investors were generally not pricing in a double dip, most appeared increasingly cautious. Coupled with value emerging from the
        444 words
      • Article
        Lock icon Glossary:
        135 8 Ebit earnings before interest and tax Ebitda earnings before interest, tax, depreciation and amortisation EPS earnings per share FY fiscal/financial year H1, H2 first or second half m-o-m month on month NAV net asset value 9M nine months P/B price/book value (ratio) PE price/earnings (ratio) Q1, Q2, Q3 first,
        135 words
    • Article, Illustration
      Lock icon Dollar and yen rise as risk appetite falls
      472 8 CURRENCIES Reuters [NEW YORK] The US dollar and yen firmed yesterday, as anxiety about global growth and European banks drove investors to the relative safety of the two currencies. It was a different story though for the other safe haven, the Swiss
      Reuters; REUTERS  -  472 words
    • Article
      Lock icon RISES
      112 8 BY CENTS CLOSE UP JMH 5153 97.8 1.6 DBXT S&P Short 10US$ 4650 88.1 1.6 DBXT FTVietnam 10US$ 2581 84.5 2.8 UOB 5.05%NCPS 100 ***** 70.0 0.7 JSH 3025 68.8 1.9 Jardine C&C 4351 46.0 1.1 Pru 500US$ 1015 44.7 3.8 DBXT MSUSA 10US$ 2827 32.6 1.0 DBXT SPASX200
      112 words
    • Article
      Lock icon FALLS
      125 8 BY CENTS CLOSE DOWN DBXT Nifty 10US$ *****-268.0 -2.0 OCBC Bk 5.1%NCPS 100 *****-224.0 -2.1 DBXT MSKorea 10US$ 5374-194.4 -2.9 IS S&P500 *****-108.7 -0.8 DBXT E50 10US$ 3685 -49.5 -1.1 DBXT MSAsExJp 10US$ 3017 -49.5 -1.3 DBXT MSTaiwan 10US$ 1735 -43.5 -2.0 Lyxor MS India 10US$ 1445 -43.5 -2.4
      125 words
    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 8 DAILY
      5 words
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  • SINGAPORE NEWS
    • Article
      Lock icon Credit Suisse sees 30-40% chance of recession in Asia
      394 9  -  It cites American manufacturing data, which suggests zero Asian export growth By TEH SHI NING LEADING economic indicators on US manufacturing now point to a 30 to 40 per cent risk of Asian economies now “on a precipice” falling into recession,
      394 words
    • Article, Illustration
      Lock icon Homegrown halal Japanese food chain expands in M-E
      407 9  -  By STEPHANIE RIADY RAMEN Ten, Singapore’s first halal Japanese restaurant chain, has clinched a deal that will see its Ramen Ten and Shin Tokyo Sushi outlets mushroom in 15 countries in the Middle East and North Africa (Mena) region. The homegrown group
      MOHD TAUFIK A KADER/BERITA HARIAN  -  407 words
    • SINGAPORE ROUNDUP
      • Article
        Lock icon HSBC appoints head of retail banking business
        51 9 HSBC has appointed Paul Arrowsmith head of retail banking and wealth management (RBWM) in Singapore, with effect from Aug 1. As head of RBWM and the chairman of HSBC Insurance (Singapore), he oversees both retail and wealth management, and insurance and asset management
        51 words
      • Article
        Lock icon Tianjin Park marks structural completion
        37 9 SINO-SINGAPORE Tianjin Eco-City Investment and Development Co Ltd held its topping out ceremony for the Landmark Building yesterday. It is the first commercial building to be structurally completed in the Eco-Business Park.
        37 words
      • Article
        Lock icon LTA wins international award for road safety
        55 9 The Land Transport Authority (LTA) was presented the Edmund R Ricker Transportation Safety Council Award (Organisation) on Aug 15 at a ceremony held by the Institute of Transportation Engineers (ITE) in St Louis, Missouri. The award was given to LTA for improving safety
        55 words
      • Article
        Lock icon UBS names Asia-Pac head of philanthropy
        43 9 UBS has appointed David Evans its head of philanthropy and value-based investing in Asia-Pacific. Mr Evans, who has been actively involved in philanthropic projects, will be based in Singapore and will manage all Family Services activities here.
        43 words
    • Article, Illustration
      Lock icon Geylang Serai to be redeveloped
      454 9  -  By NICHOLAS YEO THE Ministry of National Development (MND) has unveiled plans to redevelop and rejuvenate Geylang Serai in line with Masterplan 2008, under which Paya Lebar Central will be developed into a lively regional centre with a “distinct cultural identity”. A highlight of the
      FILE PHOTO  -  454 words
    • Article
      Lock icon LTA, SLA lauded for IT excellence
      229 9 BOTH the Land Transport Authority (LTA) and the Singapore Land Authority (SLA) came up tops in the 2011 MIS Asia IT Excellence Awards. LTA clinched an award for Best Knowledge Management, while SLA bagged a win in the Best Business Enabler category. The MIS
      229 words
    • Article
      Lock icon Candidates start wooing voters their own ways
      532 9  -  One tours Chinatown, another breaks fast with Malay leaders PRESIDENTIAL ELECTION 2011 By LEE U-WEN ON the second official day of campaigning, the four presidential candidates ventured in different directions across the island to canvass the votes of some 2.27 million eligible Singaporeans.
      532 words
    • Article
      Lock icon What happens if there’s a tie in the vote count
      457 9  -  By CHUANG PECK MING IF the upcoming presidential election turns out to be a very close contest with say 5,000 votes separating the top two contenders the Returning Officer may not be able to declare the winner after the votes
      457 words
    • Article, Illustration
      Lock icon MOH to boost staffing for long-term care
      339 9  -  By DICKSON LI THE Ministry of Health (MOH) will be piloting a central employment scheme to help the intermediate and long-term care (ILTC) sector in the recruitment and retention of staff, Health Minister Gan Kim Yong said yesterday. Under the scheme dubbed career
      339 words
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      385 10 ►Y~^ a ai m /J i F s a^ u '\pi Wp° tewelcome Master Ryuho Okawa The World Spiritual Leader Master Ryuho Okawa the founder of Happy Science is in Singapore for the very first time. He has devoted much of his life to the exploration ofTruth and finding ways
      385 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon Japan’s 3.3% export fall in July worse than expected
      533 11  -  Strong yen, weak demand take toll; Nikkei drops 1.3% to below 9,000 mark By ANTHONY ROWLEY in Tokyo YEN strength and weakening overseas demand took their toll on Japan’s export last month, it was revealed yesterday as traders predicted that the
      BLOOMBERG  -  533 words
    • Article
      Lock icon Approval of Obama on economy at new low
      242 11 Reuters [WASHINGTON] Approval of President Barack Obama’s handling of the US economy has fallen to a new low of 26 per cent, according to a Gallup poll released on Wednesday. Seventy-one per cent said they disapproved of Mr Obama’s handling of the
      Reuters  -  242 words
    • Article
      Lock icon Morgan Stanley sees slower global growth
      657 11 It cuts forecast to 3.9% from 4.2%, cites EU debt woes Bloomberg [SINGAPORE] Morgan Stanley has cut its forecast for global growth this year, citing an “insufficient” policy response to Europe’s sovereign debt crisis, weakened confidence and the prospect of fiscal tightening. The bank
      Bloomberg  -  657 words
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      371 11 LIVE BY DESIGN! Be certified as practitioners in NIP, Time line Therapy™ Hypnotherapy Wish to achieve more but find that you are not? Wish to rid yourself of negative baggages but find that you cannot? Wish to live life by design but find that you are living by default? Wish
      371 words
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      12 11 TWKfir' t M: 1 s TEL: 6233 uS TEL: 6723 80 SA
      12 words
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  • MALAYSIA/INDONESIA
    • Article
      Lock icon Lack of expertise slows M’sian retakaful industry
      699 12 Islamic insurance sector needs to develop standard practices: analysts Bloomberg [KUALA LUMPUR] The growth of the Islamic reinsurance industry in Malaysia is being slowed by a lack of agreed standards and specialised expertise, according to Swiss Re Retakaful and MNRB Retakaful Bhd. Companies
      Bloomberg  -  699 words
    • Article
      Lock icon Indonesia to revise tin rules, says trade official
      531 12 Changes will be made to royalty payments and export regulation Reuters [JAKARTA] Indonesia is looking to revise its royalty payments made on all domestic tin shipments, to close a tax loophole and take these in line with existing charges on exports in
      Reuters  -  531 words
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      406 12 v Wine, THRILL OF THE GRILL Indulge in a sizzling summer edition of Plates of Pleasure, featuring highlights such as Blackmore Wagyu Patty, Australian Farm-Raised Lamb and Prawi served in petite plated portions. Delight in unlimited servings of these tantalising barbecued meats and other hearty bistro favourites from the buffet
      406 words
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  • GREATER CHINA/INDIA
    • Article
      Lock icon Hazare gets India police nod for antigraft fast
      335 13 AP [NEW DELHI] A renowned Indian anti-corruption crusader struck a deal with police early yesterday to hold a 15-day public hunger strike against graft, ending a bizarre standoff at a New Delhi prison in which the activist turned his brief detention into
      AP  -  335 words
    • Article
      Lock icon RIL no longer India’s most valuable firm
      253 13 Coal India with 2.5t rupee market cap takes the top spot Reuters [MUMBAI] Reliance Industries Ltd (RIL), for long the darling of Indian investors, was knocked off its four-year-long perch as the country’s most valuable company, as fears over slowing gas production dragged
      Reuters  -  253 words
    • Article, Illustration
      Lock icon Sino-US cooperation ‘key to global economic stability’
      443 13 Biden’s China visit aimed partly at building ties with China’s next leader AFP [BEIJING] US Vice-Presi-dent Joe Biden told his Chinese counterpart yesterday global economic stability depended on the two nations, as he began an official visit under a cloud of criticism over
      AFP; REUTERS  -  443 words
    • Article
      Lock icon China Mobile’s H1 profit rises 6.3%
      178 13 AFP [HONG KONG] China Mobile, the world’s largest mobile operator by subscribers, said yesterday that its net profit rose 6.3 per cent in the first half of 2011 on sharp growth in its wireless data services business. The firm posted a net profit of
      AFP  -  178 words
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      Lock icon Page 13 Advertisements Column 1
      75 13 LicNo:L*****87F FRANCISTAN6100-8858CEA Reg. R*****4H OEI TIONG HAM *****sqft. Beautiful, privacy SWISS CLUB *****sqft. Good buy, serene surroundings THIRD AVE *****sqft. Urgent VICTORIA PARK *****sqft. 2 bungalows. Urgent WINDSOR *****sqft. Priced to sell, beautiful, move-in cond YARWOOD *****sqft. Sub-divide OWNERS WELCOME BINJAI ***** *****sqft. Rebuild, modern, best buy BISHOPGATE *****sqft. Cul-de-sac
      75 words
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      548 13 c ash vouc u icon residence Mont' Kiara LAUNCHING PREMIUM BLOCK A MASTERPIECE RESIDENCE IN MONT' KIARA, KUALA LUMPUR THE CITY'S MOST PRESTIGIOUS LOCATION FREEHOLD icon residence is inspired by Mediterranean waterfront resort. It is not only beautifully sculpted, it is also technologically advanced. From the iconic design to an
      548 words
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  • WORLD
    • Article
      Lock icon Markets plunge on poor US economic numbers
      472 14 Existing home sales unexpectedly drop; jobless claims rise more than forecast LATEST US DATA Bloomberg [WASHINGTON] Fears that the world’s largest economy could slow and trigger a global recession were further stoked after a barrage of poor US economic data yesterday, sending markets
      Bloomberg  -  472 words
    • Article
      Lock icon History hints at Q4 stock market recovery
      632 14 Based on averages, Q4 tends to be far better for equities Reuters [LONDON] History suggests that the misery suffered by stock investors this summer should end soon, even if relying on precedent seems risky in this year of surprises. Based purely on averages,
      Reuters  -  632 words
    • Article
      Lock icon US moves to keep EU debt woes at bay
      412 14 Reuters [LONDON] The US Federal Reserve Bank is taking a closer look at the US units of Europe’s biggest banks, concerned that a eurozone debt crisis could spill into the US banking system, The Wall Street Journal reported yesterday. The US$2.5
      Reuters  -  412 words
    • Article, Illustration
      Lock icon AirAsia’s Fernandes takes over QPR
      417 14 Reuters [LONDON] Malaysian entrepreneur Tony Fernandes has completed the takeover of Queens Park Rangers, the Premier League club said yesterday. Mr Fernandes, the owner of the Team Lotus Formula One outfit and the low-cost airline AirAsia, took control of the promoted west London club by
      Reuters; AFP  -  417 words
    • Article
      Lock icon S&P sure of France’s ‘AAA’ rating
      279 14 AFP Reuters [PARIS] Standard Poor’s is confident that France will maintain its top “AAA” credit rating, the agency’s European chief said yesterday, amid rumours of a possible downgrade amid intensifying eurozone debt strains. “The rating for France is a stable ‘AAA’, and that has
      AFP; Reuters  -  279 words
    • Article
      Lock icon Foster’s turns down again SABMiller’s US$10b offer
      687 15 It says the brewing giant’s offer significantly undervalues the firm Reuters [MELBOURNE] Australian brewer Foster’s rejected a US$10 billion offer from rival SABMiller for the second time as shareholders hold out for a better offer from the global brewing giant. SABMiller announced on
      Reuters  -  687 words
    • Article
      Lock icon Asian common currency not on the horizon: ADB chief
      278 15 Kuroda also doubts if yuan or yen would become a regional unit in place of the US dollar AFP [SYDNEY] Asian Development Bank president Haruhiko Kuroda said yesterday that any Asian currency integration is a long way off and cast doubt
      AFP  -  278 words
    • Article, Illustration
      Lock icon NEWLY DISCOVERED MASTERPIECE
      110 15 NATIONAL Gallery of Victoria (NGV) director Gerard Vaughan (right) and trustee Andrew Sisson unveiling a painting by Italian Renaissance painter Correggio, bought by the NGV with funding from Mr Sisson for A$5.2 million (S$6.6 million) at a Sotheby’s auction in Melbourne on Wednesday. The newly discovered work,
      AFP  -  110 words
    • Article
      Lock icon US ‘probing’ S&P over mortgage securities
      416 15 Focus is on whether it improperly rated products before crisis Reuters [WASHINGTON] The US Justice Department is investigating whether Standard Poor’s (S&P) improperly rated dozens of mortgage securities in the years before the financial crisis, The New York Times reported on Wednesday, citing sources
      Reuters  -  416 words
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      2013 14 r ■mraar.iiiiw.tiB.f; IIHHIIIIPKi* 0 UCO BANK A GOVERNMENT OF INDIA UNDERTAKING Head Office: 10 B.T.M.Sarani Kolkata-700 001 AUDITED ACCOUNTS AS AT 31 ST MARCH, 2011 BALANCE SHEET AS ON 31 ST MARCH, 2011 fOOO'S OMITTED) As on 31.3.2011 As on 31.3.2010 Rs. Rs. CAPITAL AND LIABILITIES Capital Reserve Surplus Deposits
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  • Page 15 Advertisements
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      1465 15 w t£AT3 NOTICES KARL STORZ-ENDOSCOPY (S) PTE. LTD. (InMembers’Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE is hereby given pursuant to Section 308 of the Companies Act Cap 50 that a Final Meeting of the Members of the Company will be held at 3791 Jalan Bukit Merah #10-18 E-Centre Redhill Singapore
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      1024 15 NOTICES SWIRE SHIPPING AGENCIES PTE. LTD. (Company Registration No: *****0598K) (In Members’ Voluntary Liquidation) At an Extraordinary General Meeting of Swire Shipping Agencies Pte. Ltd. held on 12 August 2011, the following special resolutions were duly passed:1. That the Company be wound up voluntarily and that Mr Tan Gim Soo
      1,024 words
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  • Fastest Growing 50
    • Article, Illustration
      Lock icon Thriving in an evolving landscape
      816 16 Despite the economic uncertainty, a good number of companies, many of them SMEs, delivered fine results FROM the financial crisis that struck in late 2008 to the European sovereign debt crisis in 2010, the recent years of global economic uncertainty and volatility have put the
      816 words
    • Article
      Lock icon About the FG50
      204 16 THE Fastest Growing 50 awards, now in its 10th year, ranks companies using the three-year Compounded Annual Growth Rate (CAGR) measurement. It also recognises the top 10 fastest growing internationalising companies those that attained the highest three-year CAGR from revenue outside the Singapore market. Criteria that companies
      204 words
    • Article, Illustration
      Lock icon A company with a conscience
      1044 18  -  Unilever Asia believes in doing the right thing for its customers and for the environment. DICKSON LIreports LIreports DICKSON LI MANY people decry irresponsible corporations who plunder the earth’s resources and grow with feckless disregard for sustainability. But Unilever Asia Pte Ltd prides itself on
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      Lock icon Nimble Hoi Hup takes crises in its stride
      1163 18  -  The property developer has been quick to take advantage of changing circumstances, reports LYNN KAN reports LYNN KAN IT WILL be a sprint to the end of the year for property developer Hoi Hup. Managing director Wong Chee Herng rattles off the
      YEN MENG JIIN  -  1,163 words
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      Lock icon HSBC Puts Fastest Growing Companies On The Right Track
      1187 20/21  -  SINGAPORE 1000 SINGAPORE SME1000 INTERNATIONAL 100 Willie Tham Managing Director and Head of Commercial Banking, HSBC Singapore It was a stellar convergence of visionaries who succeeded in spurring their companies on with dynamic growth rates at the annual 'Fastest Growing 50'
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      Lock icon Following a clear road map
      1221 22  -  Sapphire Corp shifted its business focus to China when it saw great opportunities there. MINDY TANreports TANreports MINDY TAN HAVING a clear road map with buy-in from top management is the key to running a successful business, says a top executive of Fastest Growing 50
      AFP  -  1,221 words
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      Lock icon Global firms and the need for local tax expertise
      796 23  -  By ADRIAN BALL The writer is Singapore and Asean Tax Leader at Ernst Young AS a finance executive in a global company today, one of the toughest questions that you will be asking yourself is: Can your company submit all its
      796 words
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      Lock icon Making that first move
      2462 24 How difficult is it for a company to internationalise its business? Three MDs share their experiences and offer insights into working abroad MOST companies that have successfully ventured abroad will tell you about the difficulties that they encountered when they made their first overseas foray. While
      FILE PHOTO  -  2,462 words
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      56 16 CONTENTS A company with a conscience I PAGE 18 Following a clear road map I PAGE 22 Global firms and the need for local tax expertise I PAGE 23 Making the first move overseas I PAGE 24 Advertising sales: Lam Wy-Ning (*****685) Alfred Lee (*****578) Co-ordinator: Felda Chay Sub-editor: Gouw
      56 words
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  • Page 17 Advertisements
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      341 17 w FASTEST GROWING 50 AWARD RECIPIENTS F SINGAPORE 1000 SINGAPORE SME1000 INTERNATIONAL 100 UNILEVER ASIA PRIVATE LIMITED MEDIATEK SINGAPORE PTE. LTD. PACC OFFSHORE SERVICES HOLDINGS PTE. LTD. MODEC OFFSHORE PRODUCTION SYSTEMS (SINGAPORE) PTE.LTD. GULF MARINE FAR EAST PTE LTD HOI HUP REALTY PTE LTD SAPPHIRE CORPORATION LIMITED AAA OILS FATS
      341 words
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  • Page 19 Advertisements
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      139 19 Kim Heng, We It ii u r rt r ■——IB—- IP% n IV aSE' L Newbuilding of Pipelay Vessel n 'V law: =5 a Building of New Vessels 4 w tOfiit r 3 ii 9 in m "*r «orsi K& 'III I F* J!U~™ JASCON 25 -»J*Lr Structural Steel Fabrication
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  • Page 22 Advertisements
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      305 22 OMMODITY Commodity Trading Made Simple Delivering Award Winning Solutions, Adding Value Worldwide JustCommodity is a leading software solutions provider catering to the commodity trading industry, particularly for the trading of edible oils. Its commodity trading and risk management ("CTRM") solution, ContraXcentral™, is a premium web-based contract management and execution software
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  • Page 23 Advertisements
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      88 23 E COM AMI* The master of ECO living We are proud to be one of the 50 fastest growing companies in Singapore. Together with our partners, we strive to be the leader in building a greener environment. 7 ■k SINGAPORE 1000 SINGAPORE SME1000 INTERNATIONAL 100 1 m r\i\ 5$ fCO
      88 words
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  • Page 25 Advertisements
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      281 25 Mainboard-listed Sapphire Corporation Limited is proud to be ranked as a Fastest Growing Since our shift of business focus in 2007 to a mineral resource and steel player in China, we have been registering remarkable results. Based on the Company’s financial statements for FY2010, we achieved a net profit attributable
      281 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon Patents morph into assets with price tag
      487 26 EDITORIAL THE wireless mobility sector is witnessing a major battle among industry leaders. The battleground is not on store shelves but at law courts around the world and the weapon of choice is IP (intellectual property) patents. Companies promoting the Android mobile operating
      487 words
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      Lock icon How to fix America’s budget woes
      812 26  -  THE BOTTOM LINE ROBERT SAMUELSON IT’S true: Deficit reduction isn’t an economic panacea. It won’t instantly boost the economy or the stock market. It won’t automatically end financial turmoil. But none of this means that we should ignore deficits. Allowing the government’s debt to
      812 words
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      Lock icon Tea Party tactics hurting investors
      965 26  -  The irony of the Republican revolt is that it undermines the private sector more than it reins in ‘big government’ By SIMON JOHNSON The writer, a former IMF chief economist, is co-founder of economics blog http://BaselineScenario.com, a professor at MIT Sloan, a senior fellow at
      REUTERS  -  965 words
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      Lock icon Lessons of Asean’s past hold the key to prosperity
      1217 27  -  We must never stop trying to make the region’s economies more competitive and resilient in a globalised world By HELMAN SITOHANG The writer is Credit Suisse’s CEO for South-east Asia GOVERNMENTfi-nances stretched to breaking point. Ratings downgrades. Slumping stock markets. Weakening
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      Lock icon When even AAAA would mean CCC for US
      943 27  -  By LAURENCE KOTLIKOFF The writer, a professor of economics at Boston University, is a Bloomberg View columnist. The opinions expressed are his own POLITICIANS and investors say Standard Poor’s (S&P) made a mistake when it cut the United States’ credit rating from
      BLOOMBERG  -  943 words
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  • AVIATION/SHIPPING
    • Article, Illustration
      Lock icon Air Berlin to cut back routes, CEO to quit
      456 28 AP [BERLIN] Germany’s sec-ond-biggest airline, Air Berlin plc, said yesterday its founder plans to quit as CEO after it announced plans to chop routes amid losses that it blamed on high fuel prices, a new aviation tax and sagging demand for
      AP; AFP FILE PHOTO  -  456 words
    • Article
      Lock icon Global economic gloom to sink tanker recovery hopes
      978 28 Slowing oil demand growth in US, EU another blow to depressed market Reuters [LONDON] The crude oil tanker market’s hopes for a recovery next year could run aground as global economic turmoil stifles oil demand in the United States and Europe, denting
      Reuters  -  978 words
    • Article
      Lock icon FAA rules on preventing pilot fatigue delayed
      605 28 Opposition strongest among cargo and charter carriers AP [WASHINGTON] The Obama administration, facing fierce opposition from charter and cargo airlines and a leery Pentagon, has delayed new safety rules aimed at preventing airline pilots from becoming so exhausted that they could make dangerous
      AP  -  605 words
    • Article
      Lock icon Grindrod H1 profit falls 42%
      236 28 Reuters [JOHANNESBURG] Africa’s biggest shipping company Grindrod posted a 42 per cent decline in first-half profit, hit by weak freight rates and unfavourable swings in currencies. The South African-based company, whose ships haul raw materials such as iron ore, cement and fertiliser, said that headline
      Reuters  -  236 words
    • Article, Illustration
      Lock icon Qantas’ new Asia move long overdue: analysts
      640 28 AFP [SYDNEY] Asia is seen as the world’s fastest-growing aviation market and Australian carrier Qantas’ decision to seek a bigger slice of it is a smart, and long overdue, decision, analysts say. Qantas announced a controversial revamp of its ailing international arm this
      AFP; BLOOMBERG  -  640 words
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      32 28 tablat THE HEARTBEAT OF THE INDIAN COMMUNITY I did the best I could As President S.R. Nathan steps down, he looks back at his 12 years in office Wbi GOODBYE, MISTER YAHOOOOO
      32 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      8211 29 Transaction date: Aug 18 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 21 12 8Telecom 12.8 11.5 14.6 7.8 4.8 2.7 61.3 9.5 4.5 A-Sonic 5.4 -0.5 45 5.5 5.4 5.5 5.8
      8,211 words
    • Article
      Lock icon SGX CATALIST
      1596 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 34 14.5 t 800 Super 15 -0.2 385 15.2 14.9 14.8 15 5.2 26.8 5.5 3.7 t AA Grp 4 2.7 3.9 19 3.9
      1,596 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      9996 30 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.27/ APS Alpha Fund (USD)!** 1.05/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt S'pore Pte Ltd AXA WM -Talents Fund 0.62/ Aberdeen Asset Mgt Asia Limited American Opp 0.5672/ Asian Credit Fund
      9,996 words
    • Article
      Lock icon GLOBALQUOTE
      231 30 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 56 34 AVJennings A40.5cd 39.5 42 3.6 8.6 3.2 105.5 55 27.5 Genting HK US$ US33 -1 9845 34 33 33 33.5 2172.9 21 10 OGL Resources
      231 words
    • Article
      Lock icon SGX ETF
      903 30 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 127 108 ABF SG Bond ETF 126 118 125 575.2 1261 911 CIMBAsean40 100US$ US1043 -8 3 1261 1043 1038 1047 41.7 350 278 DBS STI
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      374 31 In local curr In S$ In US$ dy yr dy yr dy yr Aug 17 Index Change Change Change Change Change Change World Index Preliminary 817.0 0.2 -9.0 0.4 -12.0 0.5 -6.1 EAFE Preliminary 690.6 0.1 -13.8 0.5 -13.5 0.6 -7.7 Europe Preliminary 1004.3 0.1
      374 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      77 31 CRUDE OIL PRODUCTS Aug 17 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 110.97 1.27 WTI (Near Mth) 87.55 0.62 Dubai (1-Mth F) 105.37 1.65 Tapis blend 116.00 2.00 Minas 112.00 2.00 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 103.17 1.50 Jet Kerosene 125.10 1.40 US$/barrel Opec Oil
      77 words
    • Article
      Lock icon CHICAGO BOT
      107 31 Aug 17 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Sep 11 1356.75 1340.00 1361.00 1337.75 Nov 11 1366.75 1349.50 1371.00 1346.75 Jan 12 1377.75 1360.25 1381.75 1357.75 Mar 12 1383.25 1366.75 1389.00 1366.00 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Sep 11 55.65
      107 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      83 31 Aug 18 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****E 17.11.2011 0.10 0.05 0.04 1-Year BY*****X 02.05.2012 0.14 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year NX*****Z 2.250 01.07.2013 103.97 104.01 103.97 5-Year N*****0W 1.125 01.04.2016 103.04
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    • Article
      Lock icon SGX DERIVATIVES TRADING
      469 31 Aug 18 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Sep11 99.6125 0 2672 Dec11 99.4950 0 5005 Mar12 99.5350 0 1243 Jun12 99.5700 0 1539 EUROYEN TIBOR FUTURES Sep11 99.6800 99.6800 99.6800 99.6800 100 1229 Dec11 99.6950 99.7000 99.6950 99.6950 75 1478 Mar12 99.7100 99.7100 99.7100
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    • Article
      Lock icon SICOM FUTURES
      159 31 Aug 18 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Sep 11 463.0 463.0 462.5 5 315 Oct 11 463.0 463.0 463.3 13 377 Nov 11 463.8 374 Dec 11 466.2 464.5 464.8 23 498 Jan 12 465.3 392
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    • Article, Illustration
      Lock icon SMX MARKET UPDATE
      99 31 As on 17 August 2011 www.smx.com.sg For membership please contact: Ivan Han, DID +65 9098 8455 membership@smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE PREV CLOSE PRECIOUS METALS Gold Cash Oct-11 1794.6 1780.6 1788.5 1783.6 Silver Cash Sep-11 40.455 39.835 40.115 39.83 CURRENCY Euro-US Dollar Sep-11 1.4396 1.4394 1.4395
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    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 31 As at 9am Aug 18 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.31 1.236 Can dollar 1.249 1.201 Euro 1.766 1.699 Sterling pound 2.025 1.948 NZ dollar 1.035 0.986 US dollar 1.22 1.174 Local dollars to 100 units of foreign
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    • Article
      Lock icon STOCK INDEX FUTURES
      27 31 Aug 18 Open High Sett STI Aug 2812 SIMSCI Aug 326.3 329.5 323.6 Taiwan Aug 268.3 269.5 264.1 Source: MF Global (S) Pte Ltd
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    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      2432 31 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 1 150 43 4.88 33 ASJ Hldgs W*****1 0.5 1 4 29 7.00 6 AlliedTech W*****2 1.7 1 4 27 Asia Water Tech Ltd W*****8 0.8 1
      2,432 words
    • Article
      Lock icon INTERBANK RATES
      154 31 Aug 18 $S Offer Bid 0vernight 1/16 par 1-month 3/16 1/16 2-months 1/4 1/8 3-months 5/16 3/16 Overnight mode: 0.10 US$ Offer Bid 7 days 0.30 0.20 1 month 0.45 0.25 2 months 0.50 0.30 3 months 0.55 0.35 6 months 0.70 0.50 9 months 0.85 0.65 12
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    • Article
      Lock icon INTERBANK CROSS RATES
      462 31 Aug 18 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.030 6.697 0.726 8.165 47.767 89.504 0.803 11.263 3.124 1.261 90.971 44.529 1.266 7.471 0.832 30.366 31.302 0.634 1.048 Canada 0.971 6.505
      462 words
    • Article
      Lock icon SIBOR
      85 31 Aug 18 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 0.***** 0.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 0.***** 3 mths -0.***** 6 mths -0.***** 9 mths -0.***** 12 mths
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      154 31 Aug 18 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2648 1.2663 1.0475 1.0480 Canadian dollar 1.2287 1.2298 1.0176 1.0178 Euro 1.7425 1.7442 1.4432 1.4435 NZ dollar 1.0032 1.0047 0.8309 0.8315 Sterling pound 1.9949 1.9966 1.6522 1.6524
      154 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      22 31 Aug 18 S$ Bid Offer 1-month 1.2069 1.2081 2-months 1.2064 1.2078 3-months 1.2054 1.2068 6-months 1.1999 1.2023 Source: OCBC
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    • Article
      Lock icon PRECIOUS METALS
      137 31 Aug 18 GOLD (US$/oz) Aug 18 Aug 17 Hong Kong 1795.00 1793.00 Aug 17 Aug 16 London 1782.51 1776.59 1783.37 1777.50 Source: Thomson Reuters CAST BAR Aug 18 (S$) Selling Buying Kilobar 74,526.57 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 167 70 5gm 474 348 10gm 847
      137 words
    • Article
      Lock icon LONDON METALS
      70 31 Aug 17 Aug Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2359.25 2339.75 3 months 2398.00 2375.00 Copper, Grade A (US$/tonne) Cash 8943.50 8808.75 3 months 8965.00 8830.00 Lead (US$/tonne) Cash 2370.75 2358.75 3 months 2366.00 2356.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash
      70 words
    • Article
      Lock icon PALM OIL
      66 31 Aug 18 Aug KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Sep 11 3160 3148 3160 3148 648 8671 Oct 11 3075 3068 3082 3055 2728 ***** Nov 11 3035 3026 3043 3010 ***** ***** Dec 11 3021
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    • Article
      Lock icon LIFFE
      82 31 Aug 17 COCOA (£/tonne) Close Prev High/Low Sep 11 1895 1880 1901/1872 Dec 11 1909 1896 1918/1887 Mar 12 1927 1911 1934/1904 May 12 1938 1921 1942/1916 COFFEE (US$/tonne) Close Pev High/Low Sep 11 2350 2314 2380/2330 Nov 11 2380 2344 2410/2359 Jan 12 2395 2355 2423/2361 Mar 12
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  • Article
    Lock icon SHIPPING TIMES
    5145 32 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 Destination JIMFLUSH Muscat/Sharjah/Doha *Loads
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  • Page 32 Advertisements
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      28 32 Experienced ship maintenance services wanted. Can they find your services here in the Shipping Times? KLINE BSA To All Shipping Advertisers: Please call Joe Wong at 9620 1327
      28 words
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  • Page 34 Miscellaneous
    • Miscellaneous
      Lock icon Page 34 Miscellaneous Column 1
      329 34 CRYPTIC CROSSWORD Across 1 Rubbish bin initially dumped in vehicle shelter (7) 9 Introduction given by prior to walker, taking away rights (8) 10 Understand how door is locked (5,2) 11 Old coin, one’s limited edition converted into cash (8) 12 Not even disagreeing? (2,4) 13 Alternating current (5,5) 15
      329 words
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  • Page 37 Advertisements
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      Lock icon Page 37 Advertisements Column 1
      34 37 .JOHN ERDOSK Home TODAY TOMORROW ONLY 10AM-5PM UNDER THE TENT IN THE CARPARK AT 7A 7B DEMPSEY ROAD FOR FULL DETAILS, A MAP TERMS OF SALE GO TO: www.johnerdos.com.sg FURNITURE RUGS LAMPS GIFTS ACCESSORIES
      34 words
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  • executive lifestyle
    • Article, Illustration
      Lock icon Outwit outserve, outsource
      2094 38  -  With good help so hard to find and rising labour costs, more four-star hotels are outsourcing their entire F&B operations to independent outfits so that they can focus on their core business of room sales, reports GEOFFREY EU reports GEOFFREY EU GOING out on the town in
      PHOTOS: SUITE 23 RESTAURANT, PARK REGIS HOTEL; ROSEZITA AWANG FROM SEDAP CONCEPT  -  2,094 words
    • WINE/ARTS
      • Article, Illustration
        Lock icon Vintage showstoppers
        1278 34  -  Patience rewards the wine connoisseur such as with white Burgundies, which gain a depth of flavour with each year of ageing, writes N K YONG writes N K YONG WE all know that wines need time to develop their full potential. It then begs the question “How long?”
        1,278 words
      • Article, Illustration
        Lock icon Piecing together Fragments
        747 34  -  By CHEAH UI-HOON AN artist responds to the events happening around her, so Chila Kumari Burman is doing her bit to collect newspapers and other visual material about the recent riots in London. “Now and then, I’ll also search images on Flickr... it’s a way to reflect
        PHOTOS: ARTIST PORTRAIT BY SHEKHAR BHATIA; ARTWORKS – PARADOX  -  747 words
      • AROUNDTOWN
        • Article, Illustration
          Lock icon The world through artistic prisms
          237 34 OFFERING interpretations of common items that surround us, two exhibitions, We Who Saw Signs and On Reflection, are currently being held at the curatorial division of Lasalle College of the Arts the Institute of Contemporary Arts Singapore (ICAS). With works by eight artists, Adad Hannah,
          237 words
        • Article
          Lock icon Aussie artist's cityscape
          102 34 More well-known for his subversive and satirical material, Australian artist Greg Prichard enters the cityscape of Singapore, with photographs of the city through his eyes, abstracted and projected back onto the Singapore scape, then captured on video. Combined with recorded sounds from the streets and interaction with
          102 words
        • Article
          Lock icon Limited-edition timepieces
          91 34 Swiss brand, Breitling, is launching its limited-edition Avenger Seawolf Blacksteel in Singapore with its Pure Breitling Exhibition 2011, a showcase of their 2011 collection. The Breitling Avenger Seawolf Blacksteel is designed for a depth of up to 3,000m, using a safety valve that allows helium built up at
          91 words
        • Article
          Lock icon Race for scrumptious cars
          123 34  -  Compiled by NATALIE KOH In anticipation of the fourth F1 Night Race in Singapore, Royal Plaza on Scotts has created a life-sized macaron race car, led by their Culinary Executive Chef, Abraham Tan, and his team of five chefs and two engineering technicians. In conjunction with
          123 words
    • ARTS
      • Article, Illustration
        Lock icon Buoyed by acting gravitas
        489 35  -  By DYLAN TAN FAMILY OUTING has many things going for it recognisable faces in the cast such as Lim Kay Siu and Karen Tan, the familiar local setting and Singlish and, most of all, the breeziness of playwright Joel Tan’s storytelling. But for a play that
        489 words
      • Article, Illustration
        Lock icon Inner demons on a rampage
        520 35  -  By NATALIE KOH RACE and religion have long been sensitive topics in Singapore. It’s been drilled into our minds that avoiding our differences can only mean good things for society. But the restaging of Nadirah, by playwright Alfian Sa’at, on Wednesday night at the Drama
        520 words
      • Article, Illustration
        Lock icon A dark and twisted tale
        915 35  -  Caressing decapitated heads and a boy romping in the buff in a stable such controversial scenes are seen in two separate shows over the coming weeks, previews NATALIE KOH previews NATALIE KOH SHE seduced her stepfather, King Herod, into executing John the Baptist and asking
        PHOTO: ESPLANADE  -  915 words
      • Article, Illustration
        Lock icon Triumph of stage craft
        663 35 FAMED for being the show that saw Daniel Radcliffe in the nude when it was staged on West End (2007) and Broadway (2008), Equus will be having its own Singapore version, staged by Toy Factory Productions, bare bottoms and all. Starring Ethan Chia in his debut
        ACE PIX  -  663 words
      • Article, Illustration
        Lock icon Hot-button issues a big hit
        638 35  -  By CHEAH CHEAH UI-HOON ADMITTEDLY, the thought foremost in my mind going into Alfian Saat’s Cooling Off Day was how he was going to lampoon the infamous Tin Pei Ling, one of the five People’s Action Party (PAP) members of the Marine Parade GRC (Group
        638 words
    • GAMING/ARTS
      • Article, Illustration
        Lock icon Kingdom of gaming
        1166 36  -  Celestial Pictures redraws the film marketing battle lines by leveraging on an intuitive game version of its first major movie in five years, My Kingdom for both the Web and iPhone, reports CHRISTOPHER LIM reports CHRISTOPHER LIM GENERATING buzz for movies by launching tie-in games for mobile
        1,166 words
      • Article, Illustration
        Lock icon An artist in her element
        866 36  -  By MADHVI SUBRAHMANIAN “I GREW up in one of the most rural states in In-dia-Bihar. The rural world of fields and farms with its pure and natural living was what I was truly in love with and forever inspired by,” says Shambhavi, the artist-in-residence at
        PHOTOS: SINGAPORE TYLER PRINT INSTITUTE  -  866 words
      • Article, Illustration
        Lock icon Out-of-this-world vocals
        549 36  -  By ENYA LIM “ANIMATED” barely describes the onstage antics of Israel-based a cappella performance group, the Voca People. “Energis-er-bunny” would probably be a more accurate summation of their vigour and liveliness. In town last weekend for their first-ever show in Asia, this dynamic band of eight characters Tubas
        549 words
    • CINEMA/BOOKS
      • Article, Illustration
        Lock icon A Terminator for geeksville
        512 37  -  BOOK REVIEW By CHRISTOPHER LIM SOME say that scientists and engineers should never become novelists because they tend to pen hard science fiction a subgenre of sci-fi characterised by mind-numb-ing attention to detail and depressingly pessimistic realism; very much an acquired taste. Daniel H Wilson breaks
        512 words
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        Lock icon Explosive revelation
        506 37  -  By DYLAN TAN TO TELL anyone that Incendies ends with one wallop of a twist might be spoiling it but perhaps that’s a necessary evil to get people to watch this little-known film and persevere through its two-hour-plus running time. Yes, it does go on longer than it
        PHOTOS: SONY PICTURES  -  506 words
      • Article, Illustration
        Lock icon Beginners a standout outing
        639 37  -  Christopher Plummer and Ewan McGregor tug at the heartstrings in a bruising story, reviews DYLAN TAN reviews DYLAN TAN THERE’S something deeply raw, honest and refreshing about Mike Mills’s Beginners, a gem of a movie starring Ewan McGregor and Christopher Plummer. There are a couple of
        PHOTOS: FOCUS FEATURES  -  639 words
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