The Business Times, 18 November 2011

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Microfilm: NL31700
Total Pages: 33
1 34 The Business Times
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  • Title Section
    Lock icon Masthead
    23 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|£l A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 120/08/2011 Friday, November 18,
    23 words
  • Article
    Lock icon SGX, Bursa lay first link in chain
    506 1  -  Asean stock market hook-up will start with the two in June 2012, to be followed later by five others By JAMIE LEE [SINGAPORE] The Asean exchange link a single access point for regional stocks for investors is taking a huge stride forward. The
    506 words
  • Article
    Lock icon MARKETS DIGEST
    141 1 HST INDEX 2,778.25 (-29.19) HST INDEX FUTURES 2,778 (-29) HSIMSCI 316.68 (-3.41) HSIMSCI FUTURES 316.60 (-3.10) FOREX US$ S$ US$ (S$ per US$) 1.293 (US$/S$ per 1.574 2.035 EURO (US$/S$/E) 1.347 1.742 Foreign currency per US$ S$ YEN 77.00 59.60 RM 3.158 2.443 HK$ 7.785 6.022 BAHT 30.87
    141 words
  • Article, Illustration
    Lock icon Plunging exports cast long shadow on growth prospects
    647 1  -  Electronics exports take the hardest hit; some fear economy may shrink in Q4 By TEH SHI NING [SINGAPORE] Unexpectedly poor trade figures released yesterday have stoked anxiety over what lies ahead for economic growth. October’s non-oil domestic exports (NODX) plunged 16.2 per
    Source: IE Singapore  -  647 words
  • Article
    Lock icon Gold shines through despite high prices
    468 1  -  Investment demand a key driver as investors seek to protect their wealth By FELDA CHAY [SINGAPORE] Sharply higher gold prices have not deterred many from purchasing the precious metal, which saw a 6 per cent rise in demand in the third quarter from a
    468 words
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      77 1 WINE La Tache masterclass PAGE 32 I r HOUR VISION. THEIR VISION. Daniel Craig and OMEGA support ORBIS International and its Flying Eye Hospital which leads the fight against preventable blindness. The OMEGA Hour Vision Blue wristwatch honours this remarkable organization which delivers eye care to some of the world's
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      9 1 MUSICAL Aladdin’s whole new whirl PAGE 30 *****1 *****4
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      34 1 FESTIVALS AROUND THE WORLD The Seoul Lantern Festival PAGE 33 Class acts Well-known galleries are giving art students a chance to exhibit their works despite them being not profitable EXECUTIVE LIFESTYLE I PAGE 27
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  • TOP STORIES
    • Article
      Lock icon THREE-MINUTE DIGEST
      391 2 SGX, Bursa lay first link in chain THE Asean exchange link a single access point for regional stocks for investors is taking a huge stride forward. The exchanges of Singapore and Malaysia will be the first to have their stocks traded through this, followed by Thailand. FRONT PAGE
      391 words
    • Article
      Lock icon Bond market fears grip European banks, investors
      756 2  -  Yields of Spanish, French bonds jump despite ECB efforts to support prices By NEIL BEHRMANN in London EUROPEAN banks and other investors are in the throes of a bond market panic that has caused Spanish, Italian and other government bond yields to surge.
      756 words
    • Article, Illustration
      Lock icon Obama affirms military commitment to Asia-Pac
      668 2  -  US ‘here to stay’ as a Pacific power in spite of defence cuts By LEE U-WEN [SINGAPORE] Despite facing severe defence budget cuts back home in the US, President Barack Obama has promised an expanded US military presence in the Asia-Pacific as he declared
      BLOOMBERG  -  668 words
    • Article
      Lock icon Strong wave of growth seen for cruise industry in Asia
      500 2  -  Asians expected to make up a third of global passengers by then, from 8% now By LYNN KAN [SINGAPORE] The number of Asian cruise passengers could reach 11 million by 2030, up significantly from 1.5 million passengers now. The Asian
      500 words
    • Article
      Lock icon China and Japan asked to take lead and save eurozone
      653 2  -  Inject funds now or risk long recession, says IIF chief By ANTHONY ROWLEY in Tokyo CHINA and Japan, along with the US and other key powers, need to form a “core group” of nations to find ways of injecting funds
      653 words
    • Article
      Lock icon Clarification
      48 2 In the report “SGX in talks on high-speed trading system” (BT, Nov 17), we said that SGX was in talks to build a system of high-speed trading. SGX has clarified that it had received a product presentation but there was no discussion of a high-speed trading system.
      48 words
    • Article, Illustration
      Lock icon S’pore pledges more to help integrate Asean
      547 3  -  PM Lee urges Asean to weather global crisis by achieving Asean Community Reports by CHUANG PECK MING in Bali BACKING words with action, Singapore yesterday pledged $50 million more to help the less-developed members in Asean narrow their development gaps with the rest
      PHOTO: AP  -  547 words
    • Article
      Lock icon Leaders endorse Myanmar as chair of grouping in 2014
      481 3 ASEAN yesterday endorsed Myanmar chairing the Southeast Asian grouping in 2014, Indonesian Foreign Minister Marty Natalegawa said after leaders of the 10-member regional grouping wrapped up their 19th Summit meeting in Bali. In offering Singapore’s backing for Myanmar’s bid earlier at
      481 words
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      39 3 Every journey began in Africa. Ali and Bono wear Edun; Ali carries the Louis Vuitton/Edun collaborative bag. Profits from the bag, as well as Ali and Bono's fee benefit Conservation Cotton Initiative Uganda. Follow Ali and Bono on louisvuitton.com
      39 words
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon China Sky halts trading after SGX directive
      515 4  -  S-chip is asked to immediately appoint special auditor for probe into firm By LYNETTE KHOO CHINA Sky Chemical Fibre suspended trading of its shares yesterday following a directive from the Singapore Exchange (SGX) to immediately appoint a special auditor to probe into the
      515 words
    • Article
      Lock icon Yanlord hangs on to gains from tycoon-led rally
      356 4  -  By KENNETH LIM INVESTORS of Yanlord Land Group Ltd shrugged off news of credit downgrades yesterday, and the stock held on to most of its day-before gains on the back of recent purchases by three tycoons. Shares of the main-board-listed Chinese luxury
      356 words
    • Article
      Lock icon Yanlord’s hidden treasures may lie beyond stormy sea
      597 4  -  HOCK LOCK SIEW By KENNETH LIM RECENT exuberance about Yanlord Land Group Ltd following the emergence of prominent investors needs to be tempered by the possibility that the new substantial shareholders may be looking at a longer horizon than most. Shares of
      597 words
    • Article, Illustration
      Lock icon Reits cash calls looking more likely: CIMB
      482 7  -  K-Reit, FCOT, ART, Suntec Reit on list; it keeps overweight call on sector By EMILYN YAP REAL estate investment trusts (Reits), many of which relied on rights issues or private placements to boost their balance sheets during the last financial crisis, may have
      FILE PHOTO  -  482 words
    • Article
      Lock icon KXD CEO remains as EGM adjourned
      445 7  -  EGM WATCH By KELLY TAY A MOVE to oust KXD Digital Entertainment Ltd’s chief executive officer (CEO) from the board was blocked yesterday, when shareholders passed a motion to adjourn the multimedia firm’s extraordinary general meeting (EGM). This means that KXD’s current executive chairman
      445 words
    • COMPANY BRIEFS
    • Article
      Lock icon Nine-month and Q3 results ended Sept 2011
      3912 8 Nine months ended Sept 2011 NET PROFIT TURNOVER CURRENT PREVIOUS CURRENT PREVIOUS CHNG CHNG (S$m) (S$m) Three months ended Sept 2011 NET PROFIT TURNOVER CURRENT PREVIOUS CURRENT PREVIOUS CHNG CHNG (S$m) (S$m) 1 DBS Grp 2304.00 954.00 141.5 5715.00 5337.00 7.1 762.00 722.00
      3,912 words
    • Article, Illustration
      Lock icon Lian Beng tie-up wins Dragon Mansion bid
      276 9 It pays $130m for 38,618 sq ft site, which works out to $1,202 psf ppr A JOINT venture between Lian Beng Group and Centurion Properties has clinched the freehold Dragon Mansion through a collective sale for $130 million. This works out to $1,202
      276 words
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      184 4 MACAU T IH IE RIGHT M II X O F BUSINESS LEISURE r Tk a .■.■.a .B.IM'H»I tftigMog *zz 1 I lira Macau is Asia's newest and most exciting destination for meetings and incentives with billions of dollars worth of new infrastructure underway. Nowhere in Asia has there been so
      184 words
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      21 4 Get a 6-portion celebration cake of your choice for atBrunetti $35 TheswankyBrunetticafeisnowinSingapore!Locatedon thegroundfloorofTanglinMall,Brunetticelebrates TheBusinessTimes'35thanniversarywithanamazing offerof$35fortheirfamouslydelicious6-portion celebrationcakesofyourchoice. THEBUSINESSTIMES th Anniversary BesuretogetacopyofTheBusinessTimesWeekendtomorrowformoredetails. Diningdeals
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      688 5 1 4? http://go.bestdenki.com.sg n£? Register Win gaooDSQliig dfefeEU TM) mm Like us on twitter.com/ facebook.com/bestsg askbestdenki m) A f I i) J B THE 21 October 2011 to 22 January 2012 DENKI and SAMSUNG present to you the art of Televisions, Notebooks and Cameras. The smarter way to connect online
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  • Article, Illustration
    Lock icon Forerunner In Early Childhood Education Opens New Building
    1120 6 A SPECIAL SERIES BROUGHT TO YOU BY SHAREINVESTOR FROM its modest beginnings running a oneroom teacher training centre out of a shop house in Victoria Street in 1989, the Modern Montessori International Group (MMI) has grown into a major player in the
    1,120 words
  • Article, Illustration
    Lock icon Doing It The Modern Montessori Way
    252 6 The Montessori philosophy of education, developed by Italian physician and educator Maria Montessori, boasts a pedigree going back a century and is now a household name here. The educational approach encourages and guides the unfolding of a child’s potential. MMI believes that the early
    252 words
  • Article
    Lock icon Corporate Milestones
    210 6 1989 Begins operations by launching Modern Montessori Training Centre as a one-room training centre at Victoria Street 1993 Opens Montessori childcare centre at Bukit Arang, Upper Serangoon 1998 Starts offering Montessori business opportunities through franchising 2000 Makes first foray overseas by starting a training centre in Kuala Lumpur,
    210 words
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      41 7 Pacify the Raging Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Apology Notices GATS NOTICES PARAGON SHOPPING CENTRE TEL: 6235 6588 LUXURY FASHION AT RESORTS WORLD SENTOSA TEL: 6723 8015 I I lii IjiJiLfi huwhiim I 1 iTr>.,,,' *v.
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      14 7 Feel your energy surge! Cordyceps Lingzhi power cocktail 6281 5688 or 6757 4403 www.gnc.com.sg
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      176 9 w t ~m /1 Ik JUVAJ "X -■I" lb©ws t-DBBsfc S3 i». V 4ANY ACCOUNTANT CAN CLAIM TO UNDERSTAND YOUR BOOKS J S "-is-i T ■> kSVX BUT DO THEY UNDERSTAND YOUR BUSINESS? tfSlWJJ v&uc iifl) < !9fc t. 84% of FTSE 100 companies have an ICAEW Chartered Accountant on
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon STI falls for third consecutive day
      626 10  -  This time, Wall Street concerns dominate, following a warning on US banks’ exposure to Europe STOCKS R SIVANITHY Senior Correspondent IF it isn’t Europe, then it’s Wall Street. A warning by Fitch Ratings over the exposure US banks have to the European debt crisis
      Source: Bloomberg  -  626 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      111 10 Stock name Close Change CapMallsAsia 1.340 -0.020 CapitaLand 2.660 -0.050 CapitaMall 1.800 CityDev 10.260 -0.240 ComfortDelGro 1.395 -0.010 DBS Grp 12.810 -0.060 F&N 6.230 +0.030 GLP 1.810 +0.020 Genting SP 1.570 -0.025 Golden Agri 0.675 HK Land 4.700 -0.050 JMH 50.870 -0.020 JSH 30.600 -0.480 Jardine
      111 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 10 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 6 6 4 0 0 0 6 6 4 Manufacturing 39 66 34 3 4 7 42 70 41 Commerce 17 22 15 6 1 2 23 23 17 Tpt/Stor/Comms 3 24 10
      186 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      119 10 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 26,376 26,376 41,295 41,295 Manufacturing 203,435 19,417 222,852 148,542 133 148,675 Commerce 130,583 18,863 149,446 172,644 828 173,472 Tpt/Stor/Comms 102,868 95,390 198,258 132,390 13,494 145,884 Finance 12,889 25 12,914 126,904 2 126,907 Construction 49,171 7,329
      119 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 10 DAILY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      65 10 Nov 17 VALUE CLOSE BT OB/OS -354.00-181.00 BT CADI -*****.00 -76.00 BT 10-day MA -*****.00 -35.00 FTSE ST Mid Cap 614.90 -3.77 FTSE ST Small Cap 417.12 -0.11 FTSE ST All Share 666.54 -6.13 FTSE ST China Top 191.67 -1.82 FTSE ST China 226.19 -2.23 FTSE ST
      65 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      56 10 VOLUME Noble Grp 83,130,000 Hartawan 78,313,000 Memstar 69,103,000 Golden Agri 66,212,000 Libra 64,382,000 Genting SP 47,400,000 LippoMalls R 36,343,000 Mewah 29,942,000 Uni Envtech 20,725,000 Olam 20,248,000 VALUE($) Noble Grp 97,897,748 Genting SP 74,991,775 SingTel 55,593,240 DBS Grp 51,071,720 UOB 47,995,469 Olam 47,032,620 Golden Agri 44,623,195 F&N 34,736,970
      56 words
    • BROKERS’ TAKE
      • Article, Illustration
        Lock icon Singapore Strategy
        431 10 DMG Partners Securities, Nov 17 EARNINGS were generally in line or below expectations, and earnings forecast downgrades overwhelm upgrades. Banks’ earnings were mixed, with DBS outperforming and the other two banks slightly below expectations, due mainly to trading income volatility. Property developers posted muted 3Q11 results, either within
        Source: Bloomberg  -  431 words
      • Article, Illustration
        Lock icon Consumer Plays
        232 10  -  Compiled by JAMIE LEE Kim Eng Research, Nov 17 VOLATILE commodity prices and challenging economic conditions notwithstanding, branded consumer food companies delivered encouraging results for the financial quarter ended Sept 30. Fraser Neave (F&N) recorded a 40 per cent surge in soft drinks earnings despite sugar and aluminium
        Source: Bloomberg  -  232 words
      • Article
        Lock icon Glossary:
        135 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,
        135 words
    • Article, Illustration
      Lock icon Euro falls after 10-yr Spanish yield soars
      462 10 CURRENCIES [LONDON] The euro slipped back towards five-week lows against the dollar and the yen yesterday, undermined by soaring yields at a Spanish bond auction that fuelled concerns about debt contagion and drove investors to safe-haven currencies. Spain paid more to sell 10-year
      REUTERS  -  462 words
    • Article
      Lock icon RISES
      117 10 BY CENTS CLOSE UP DBXT USDIGInfl 5US$ ***** 373.5 1.1 DBXT AUD Bonds 5AU$ ***** 100.3 0.5 DBXT S&P Short 10US$ 4271 69.8 1.3 Hyflux 6% CPS 10 ***** 60.0 0.6 DBXT iBoxxSing 5SG$ ***** 36.0 0.3 DBXT MSKorea 10US$ 5308 31.0 0.5 DBXT E50 10US$ 3429 23.3 0.5
      117 words
    • Article
      Lock icon FALLS
      120 10 BY CENTS CLOSE DOWN Jardine C&C 4600-239.0 -4.9 GLD 10US$ *****-156.4 -0.7 Lyxor India Nifty 10 1280 -81.0 -6.0 Pru 500US$ 958 -80.1 -6.1 Lyxor AsiaRE 10US$ 731 -65.9 -6.5 JSH 3060 -62.0 -1.5 IS S&P500 ***** -37.5 -0.2 UOB.ES.1111 1605 -33.0 -2.0 STXPO 100 720 -30.0 -4.0 DBXT
      120 words
    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 10 DAILY
      5 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon $45m fund for food sector to up its game
      485 11  -  Value-added per worker is $70,000, against broader economy’s $90,300 By LYNN KAN SINGAPORE’S food manufacturers can tuck in to $45 million set aside for improving the sector’s productivity and innovation. The money pumped in is expected to push up nominal value-added
      FILE PHOTO  -  485 words
    • Article, Illustration
      Lock icon McKinsey to study future LNG procurement
      534 11  -  Consultant to help set up LNG procurement framework after BG Group’s franchise ends By RONNIE LIM THE Energy Market Authority (EMA) has appointed McKinsey Co to study the best ways for Singapore which wants to become a regional LNG trading hub to procure its
      534 words
    • Article
      Lock icon Citi offers more investment options for private clients
      442 11  -  It introduces new platforms, asset classes, flexibility and expert advice By DOLLY CHIA CITIGOLD private clients can now invest in a wider array of asset classes to further diversify their portfolio and maximise returns. “The new enhancements offer clients access to new
      442 words
    • Article
      Lock icon Businesses must prepare for turmoil: forum
      400 11  -  S’pore economy in for ‘slow grind’ over 2-3 years: economist By TEH SHI NING WITH the US economy still sluggish and Europe headed for recession, businesses must prepare for an environment of heightened turbulence, 300 guests at the CapitaLand International Forum heard yesterday. Here
      400 words
    • Article
      Lock icon Hock Lian Seng unit tops bids for Gambas Ave site
      342 11  -  By MICHELLE TAN HLS Development a unit of Singapore-listed Hock Lian Seng Holdings has come in tops at the close of a state tender for a 60-year leasehold industrial plot along Gambas Avenue yesterday. Drawing a top bid of $78.2
      342 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon Italian PM pledges urgent action to fight crisis
      606 12 Monti vows further reforms after enforcing promises made to EU earlier Reuters Bloomberg [ROME] New Prime Minister Mario Monti said yesterday Italy faced a major emergency as he pledged urgent action and fairness in sweeping reforms to dig the country out of
      Reuters; Bloomberg; BLOOMBERG  -  606 words
    • Article
      Lock icon UK consumer sentiment falls to record low in Oct
      367 12 Britain’s economy faces a markedly weaker outlook: BOE Bloomberg [LONDON] UK consumer confidence fell to a record low in October as Europe’s debt crisis and the unemployment outlook worsened, Nationwide Building Society said. An index of sentiment dropped nine points from
      Bloomberg  -  367 words
    • Article
      Lock icon Vegetable oil prices seen falling
      306 12 Double-dip recession ever more likely as crude rises: LMC chief Reuters [KUALA LUMPUR] Vegetable oil prices are likely to fall next year as a possible global economic recession depresses Brent crude oil and also make higher-priced palm oil and soyoil, used in competing biofuel, less
      Reuters  -  306 words
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      180 words
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon Indonesia suspends rice imports after Viet deal
      481 13 Reuters [JAKARTA] Indonesia has suspended all rice imports for the year after securing a deal for 300,000 tonnes of the grain from Vietnam, which replaces a govern-ment-to-government pact reportedly cancelled by Thailand, an official said yesterday. With this deal, and purchases from India
      Reuters; AP  -  481 words
    • Article
      Lock icon M’sian brewers cheer as drinkers down more pints
      450 13  -  Earnings at Guinness Anchor, Carlsberg soar as marketing campaigns pay off By PAULINE NG in Kuala Lumpur BEER drinkers in Malaysia are downing more pints, the softer economic climate notwithstanding, going by the recent performance of the country’s two main brewers. Bursa
      450 words
    • Article
      Lock icon Indonesia Freeport hopes for pay deal before Christmas
      302 13 Reuters [NUSA DUA, Indonesia] Freeport McMoRan Copper Gold Inc’s Indonesia unit hopes to conclude protracted pay talks with striking miners before Christmas, its executive vice president said yesterday, a timeframe that would keep output and exports stopped for at least five more
      Reuters  -  302 words
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      257 13 Smifl[D©@SM3aFlini6 Freehold Land :.3,466,sqJt Built lnTl4,200,sq feet II U P-r A JERRY LUM Snr Marketing Director, MBA, CES CEA Licence no: R *****6 D HP: 8288 0098 View: jerrylum.myweb.sg ERA Estate Agent Licence No L*****82K When You Buy, Sell, or Rent SENNETT AVENUE sort after address District (16) A Beautiful
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  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon Yuan seen challenging US dollar in 5-10 years
      524 14 US Congress panel warns of China’s planned push into high-tech sector Reuters [WASHINGTON] China’s economy is moving up the value chain and its currency could “mount a challenge” to the US dollar in 5-10 years, a congressionally created commission reported on Wednesday.
      Reuters; AFP  -  524 words
    • Article
      Lock icon India boosts foreigners’ debt holding cap by 20%
      529 14 Bloomberg [NEW DELHI] India raised the limit on rupee-denomi-nated debt foreigners can own by 20 per cent to help contain bond yields that surged to a three-year high and stem a currency slide that is fuelling inflation. The Finance Ministry increased the
      Bloomberg  -  529 words
    • Article
      Lock icon India caps liability of nuclear suppliers
      497 14 Bloomberg [NEW DELHI] India, planning US$175 billion of atomic power plants, has capped liability of equipment suppliers in the event of an accident, paving the way for General Electric Co and Westinghouse Electric Corp to supply reactors. Claims by the operator of a nuclear
      Bloomberg  -  497 words
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      641 14 MATS NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF TANDON ENTERPRISE SINGAPORE PTE. LTD. Company No.: *****7150K (PROVISIONAL LIQUIDATOR APPOINTED) Statutory Declaration by directors of Company’s inability to continue business by reason of its liabilities Name of Company: TANDON ENTERPRISE SINGAPORE PTE. LTD.
      641 words
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      568 14 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF FLOWELL INDUSTRIES PTE LTD Co. Registration No. *****3707K (IN MEMBERS’VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Cap. 50, the Final Meeting of the members
      568 words
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      89 14 NOTICE The Board of Directors and Management of Richland LSP Pte Ltd and Richland LSP Sdn Bhd (collectively the “Companies”) would like to announce to our business associates and clients that our former Managing Director Mr Heng Yew Khiang (also known as Daniel Heng), NRIC No. SXXXX446D has ceased to
      89 words
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      19 14 tabla! THE HEARTBEAT OF THE INDIAN COMMUNITY Namaste, Singapore Indian PM Manmohan Singh making official visit to the Republic
      19 words
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  • WORLD
    • Article, Illustration
      Lock icon Volatility and caution rule markets: BHP
      440 15 Bloomberg [MELBOURNE] BHP Billiton Ltd, the world’s largest mining company, said heightened volatility and the uncertain economic outlook will put pressure on commodities markets even as long-term demand remains strong. “We have seen production curtailments in some sectors and we are generally seeing a
      Bloomberg; BLOOMBERG  -  440 words
    • Article
      Lock icon Enough cash to tide over turbulence: Olympus
      714 15 One hospital cancels order because of scandal, says CEO Bloomberg [TOKYO] Olympus Corp has enough cash on hand to keep the 92-year-old company in business amid a probe of schemes to hide investment losses, president Shuichi Takayama told employees on Wednesday. “Continue focusing
      Bloomberg  -  714 words
    • Article
      Lock icon Thai govt warned of protest over Thaksin amnesty
      689 15 Govt refuses to confirm there’s any plan; ex-premier plays down the idea Reuters [BANGKOK] Opponents of ousted Thai premier Thaksin Shinawatra said yesterday they could take to the streets if the government led by his sister tried to push through an amnesty
      Reuters  -  689 words
    • Article
      Lock icon Officials mull ECB loan to IMF for eurozone rescue
      548 16 Idea is one way of getting round ECB’s curbs on financing govt borrowing Reuters [BRUSSELS] Eurozone and International Monetary Fund (IMF) officials have discussed the idea of the European Central Bank (ECB) lending to the IMF, to provide the fund with
      Reuters  -  548 words
    • Article
      Lock icon European debt crisis poses risks for US banks: Fitch
      521 16 Bloomberg [NEW YORK] US banks face a “serious risk” that their creditworthiness will deteriorate if Europe’s debt crisis deepens and spreads beyond the five most-troubled nations, Fitch Ratings said. “Unless the eurozone debt crisis is resolved in a timely and orderly
      Bloomberg  -  521 words
    • Article
      Lock icon Housing starts fall less than forecast in Oct
      448 16 LATEST US DATA Bloomberg Reuters [WASHINGTON] Builders broke ground on more homes than forecast in October and construction permits climbed to the highest level since March 2010, signs that housing may become less of a laggard in the third year of the
      Bloomberg; Reuters  -  448 words
    • Article, Illustration
      Lock icon Branson buys Northern Rock for £747m
      481 16 Bloomberg [LONDON] Billionaire Richard Branson’s Virgin Money Holdings is to buy Northern Rock for £747 million (S$1.52 billion), marking the first sale of a British government bank holding since the 2008 financial crisis. The government will also receive £50 million in cash within six
      Bloomberg; REUTERS  -  481 words
    • Article, Illustration
      Lock icon IMF strategy chief to replace Borges at European unit
      447 16 Bloomberg [WASHINGTON] The head of the International Monetary Fund’s (IMF) European department has been replaced by a veteran staffer after quitting less than a year into the job as the European debt crisis worsens. Reza Moghadam, who joined the Fund in
      Bloomberg  -  447 words
  • Page 15 Advertisements
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      327 15 >®' MATS RECRUIT Toll free 1800-289-8822 Email recruit@sph.com.sg www.cats.com.sg/recruit Singapore Accountancy Council The Singapore Accountancy Council (SAC) is a high-level council tasked to develop and implement a holistic strategy to transform Singapore into a leading global accountancy hub for Asia-Pacific by 2020. Its broad key focus includes the development and
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      18 15 THE PEAK SELECTIONS GOURMET TRAVEL A PUBLICATION OF THE PEAK KINOKUNIYA PROLOGUE MPH PAGE ONE HARRIS TIMES DUFRY
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  • Page 16 Advertisements
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      378 16 aSATS NOTICES ABCOM TRADING PTE LTD 29 Jalan Buroh, Singapore *****5 Ph: *****946 FAX:*****640 NOTICE OF AMALGAMATION This Notice is hereby given in pursuant to Section 215C(5) (b) of the Companies Act (Cap.50) that ABCOM TRADING PTE LTD and ABCOM ALLOYS PTE LTD have entered into an Amalgamation Proposal and
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  • SHIPPING/AVIATION
    • Article
      Lock icon Iron ore pushes Baltic Index to 2-week high
      544 17 Growing ship supply set to cap dry bulk freight rate gains in coming months Reuters [LONDON] The Baltic Exchange’s main sea freight index, which tracks rates to ship dry commodities, rose to its highest in over two weeks on Wednesday, helped by
      Reuters  -  544 words
    • Article
      Lock icon HNA Group unit delays payments, citing downturn
      386 17 Reuters [SINGAPORE] A second major Chinese shipping firm has halted payments to foreign ship owners because of the severe downturn in the freight market, further straining China’s relationship within the global maritime community. Grand China Logistics, a unit of HNA Group, has withheld
      Reuters  -  386 words
    • Article
      Lock icon TRANSPORT ST0CKS
      278 17 SGX '000 Nov 17 S$ +/-Vol CH Offshore unch unch 0 Chuan Hup Hldg 0.21 -0.01 126 Cosco Corp 0.93 -0.01 3266 CWT Ltd 1.03 -0.01 245 Ezra Hldgs 0.92 -0.01 1904 First Ship Lea 0.30 -0.01 1778 Freight Links 0.06 unch 880 Grand Banks unch unch 0
      278 words
    • Article
      Lock icon Zodiac likely buyer of 6 large ships from STX
      259 17 Bloomberg [SINGAPORE] Zodiac Maritime Agencies, the shipping company founded by the late Israeli billionaire Sammy Ofer, is the likely buyer of six of the world’s second-largest container vessels, according to data from Clarkson. Zodiac ordered four carriers able to haul 12,930
      Bloomberg  -  259 words
    • Article, Illustration
      Lock icon Air India fares spoil the market, says Jet
      448 17 Bloomberg [MUMBAI] Jet Airways (India) Ltd, the nation’s biggest carrier, said state-owned Air India is compounding a price war that has caused industrywide losses and prompted Kingfisher Airlines to cut flights. “Air India is discounting fares and that’s absolutely a problem,” M
      Bloomberg; BLOOMBERG  -  448 words
    • Article
      Lock icon American, pilot union far apart on deal
      390 17 Bloomberg [DALLAS] American Airlines’ talks with pilots to fashion a new, cost-cutting contract may not resume for two weeks as the sides remain split by differences over compensation and other issues. Feedback from Allied Pilots Association members “clearly” indicated that American’s Nov 14
      Bloomberg  -  390 words
    • Article
      Lock icon Chinese travellers hold plane sit-in over delay
      462 17 AFP [HONG KONG] Furious Chinese passengers refused to leave a plane at Hong Kong airport for several hours until they were paid compensation for flight delays, an airline spokeswoman said yesterday. The protest sit-in began when the Hong Kong Airlines plane landed around
      AFP  -  462 words
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      410 17 TradeWinds Offshore Marine 24 November 2011, Intercontinental Singapore Commercial sustainability: moving away from a boom-bust market 0 0 s tinyurl.com/ OM-Singll For further information, please contact: 3"+65 9105 7323 (Singapore) m info@nhstevents.com www.nhstevents.com Sponsors WARTSILA ►H SWIRE PACIFIC OFFSHORE The OSM Group I [}»8IT IS Stx V RONOSHENO III osv
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      290 18/19 For those who have arrived but never stopped. Be light years ahead with the new Audi A8 flagship models the Audi A8 L W12 and Audi A8 L 4.2 TDI. Harnessing technology from the future, the Audi A8 far surpasses conventional standards of luxury. It fascinates with its imposing style,
      290 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon Figures signal a slowdown in 2012
      494 20 EDITORIAL THERE should be few, if any, downside surprises when Singapore’s third-quarter economic figures are unveiled early next week, with the government having already served notice over the past couple of months that the outlook for 2011 and 2012 will be anything but bright.
      494 words
    • Article, Illustration
      Lock icon Compulsory voting in HK will benefit all parties
      781 20  -  THE BOTTOM LINE FRANK CHING The writer is a Hong Kong-based journalist and commentator. Follow him on Twitter: @FrankChing1 IN 1994, the last British governor of Hong Kong, Chris Patten, quoted a former colonial official as saying: “The Chinese style is not
      781 words
    • Article, Illustration
      Lock icon Republicans fighting in the wrong arena
      961 20  -  Silly for their candidates to portray Obama as weak in foreign policy and national security LEON HADAR Washington Correspondent IT is difficult to decide whether to laugh or cry when listening to the debate on foreign policy among Republican presidential candidates. It’s either militarist
      AP  -  961 words
    • Article, Illustration
      Lock icon Germany, Europe need each other
      1154 21  -  Solidarity will ensure political union and open frontiers, cultural and political appeal, as well as dynamic economies By GUIDO WESTERWELLE, HANS-DIETRICH GENSCHER, KLAUS KINKEL, WALTER SCHEEL Guido Westerwelle is the current German Foreign Minister. Hans-Dietrich Genscher, Klaus Kinkel and Walter Scheel are former German foreign
      REUTERS  -  1,154 words
    • Article, Illustration
      Lock icon Indo-Pak trade to change face of South Asia
      846 21  -  YOGI AGGARWAL The writer is a Mumbai-based journalist who contributes regularly to BT. THERE are very few good news stories about relations between India and Pakistan. But now, it seems, there is one: emerging trade between the South Asian neighbours. The 17th
      AFP  -  846 words
    • Article
      Lock icon Time to set bolder limits on number of directorships
      686 21  -  LETTER TO THE EDITOR Mak Yuen Teen I REFER to the report “Limit full-time execs to two board seats, suggests panel” (BT, Nov 16). It is interesting that a panel consisting of a co-president of the Singapore Exchange, a CEO of
      686 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      7968 22 Transaction date: Nov 17 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 21 11.6 8Telecom 15.5 1.4 15.5 7.8 3.9 3.2 74.2 9.5 4.1 A-Sonic 4.6 unch 63 4.6 4.6 4.6 5.5
      7,968 words
    • Article
      Lock icon SGX CATALIST
      1574 23 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 34 12.2 t 800 Super 13.2 +0.3 315 13.2 12.8 12.8 13.2 4.7 4.2 5.1 23.6 5.5 2.5 t AA Grp 3.3 2.5 3.6
      1,574 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      10081 23 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.19/ APS Alpha Fund (USD)!** 0.92/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt S'pore Pte Ltd AXA WM -Talents Fund 0.61/ Aberdeen Asset Mgt Asia Limited American Opp 0.6375/ Asian Credit Fund
      10,081 words
    • Article
      Lock icon GLOBALQUOTE
      226 23 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 55.5 34 AVJennings A39 37.5 45 3.6 9 3.1 101.6 49 25.5 Genting HK US$ US29 unch 8688 29.5 28.5 28.5 29 1909.5 15 10 OGL Resources
      226 words
    • Article
      Lock icon SGX ETF
      852 23 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 130 108 ABF SG Bond ETF 119 +0.1 28 119 119 115.1 117.6 543.2 1261 856 CIMBAsean40 100US$ US960 -1 2 960 960 951 961 38.4
      852 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      373 24 In local curr In S$ In US$ dy yr dy yr dy yr Nov 16 Index Change Change Change Change Change Change World Preliminary 826.6 -0.4 -7.9 -0.5 -6.5 -0.4 -7.3 EAFE Preliminary 677.0 -0.3 -15.5 -0.5 -13.3 -0.3 -14.0 Europe Preliminary 1007.3 0.1 -13.8
      373 words
    • Article, Illustration
      Lock icon SMX MARKET UPDATE
      128 24 As on 16 November 2011 www.smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE VOL (in Lots) PRECIOUS METAL GOLD FUT DEC2011 1778.70 1756.40 1774.50 93 SILVER FUT DEC2011 34.475 33.645 33.830 18 CURRENCY AUD-USD FUT DEC2011 1.0115 1.0028 1.0107 3026 EUR-USD FUT DEC2011 1.3557 1.3430 1.3525 7858 GBP-USD FUT
      128 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      77 24 CRUDE OIL PRODUCTS Nov 16 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 111.95 0.42 WTI (Near Mth) 102.16 2.65 Dubai (1-Mth F) 109.61 0.18 Tapis blend 119.17 0.16 Minas 115.37 0.16 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 96.67 1.67 Jet Kerosene 131.10 0.15 US$/barrel Opec Oil
      77 words
    • Article
      Lock icon CHICAGO BOT
      107 24 Nov 16 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jan 12 1187.75 1200.25 1203.00 1182.75 Mar 12 1198.00 1210.25 1212.00 1192.75 May 12 1207.75 1219.75 1221.75 1202.50 Jul 12 1217.00 1228.00 1229.50 1211.50 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Dec 11 52.48
      107 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      75 24 Nov 17 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****W 16.02.2012 0.32 1-Year BY*****W 01.11.2012 0.31 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year NX*****Z 2.250 01.07.2013 103.43 5-Year N*****0W 1.125 01.04.2016 102.59 10-Year NX*****X 2.250 01.06.2021
      75 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      456 24 Nov 17 Nov 17 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Dec11 99.3375 0 956 Mar12 99.2000 0 2689 Jun12 99.1950 0 1101 Sep12 99.2000 0 559 EUROYEN TIBOR FUTURES Dec11 99.6700 99.6700 99.6700 99.6700 4 2477 Mar12 99.6550 99.6550 99.6550 99.6675 0 1954 Jun12 99.6700
      456 words
    • Article
      Lock icon SGX FUTURES
      164 24 Nov 17 SICOM RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Dec 11 347.9 334.1 346.3 3 484 Jan 12 347.7 330 Feb 12 348.7 205 Mar 12 354.1 354.1 354.0 8 288 Apr 12 353.5 353.5 359.0 40
      164 words
    • Article
      Lock icon LONDON METALS
      69 24 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2133.50 2099.50 3 months 2157.00 2122.00 Copper, Grade A (US$/tonne) Cash 7709.25 7662.75 3 months 7730.00 7685.00 Lead (US$/tonne) Cash 2004.50 1979.75 3 months 2030.00 2006.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00 3
      69 words
    • Article
      Lock icon LIFFE
      84 24 Nov 16 Nov 16 COCOA (£/tonne) Close Prev High/Low Dec 11 1578 1579 1582/1561 Mar 12 1608 1610 1614/1591 May 12 1622 1625 1628/1606 Jul 12 1637 1641 1643/1622 COFFEE (US$/tonne) Close Prev High/Low Nov 11 1822 1844 1851/1851 Jan 12 1870 1892 1892/1864 Mar 12 1909 1928 1929/1901
      84 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      2054 24 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 2 1 150 45 52.50 30 ASJ Hldgs W*****1 0.2 1 4 27 16.50 3 AlliedTech W*****2 1.7 1 4 24 Ascendas Reit.ES.1111 203 Aztech Grp W*****3 0.4
      2,054 words
    • Article
      Lock icon INTERBANK CROSS RATES
      464 24 Nov 17 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.031 6.405 0.749 7.851 51.212 91.152 0.776 11.424 3.185 1.316 87.874 43.768 1.304 8.217 0.928 30.462 31.130 0.641 1.009 Canada 0.970 6.210
      464 words
    • Article
      Lock icon SIBOR
      82 24 Nov 17 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 0.***** 0.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths
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    • Article
      Lock icon PRECIOUS METALS
      137 24 GOLD (US$/oz) Nov 17 Nov 16 Hong Kong 1766.00 1773.50 Nov 16 Nov 15 London 1768.49 1779.03 1769.50 1780.08 Source: Thomson Reuters CAST BAR Nov 17 (S$) Selling Buying Kilobar 79,068.00 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 177 74 5gm 503 368 10gm 898 737 20gm
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    • Article
      Lock icon PALM OIL
      57 24 Nov 17 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Dec 11 3248 3229 3270 3228 886 7980 Jan 12 3245 3218 3268 3218 6922 ***** Feb 12 3235 3212 3268 3212 ***** ***** Mar 12 3255 3211
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    • Article
      Lock icon STOCK INDEX FUTURES
      26 24 Nov 17 Nov 17 Open High Sett STI Nov 2778 SIMSCI Nov 320.6 321.1 316.6 Taiwan Nov 261.3 264.2 262.8 Source: SGX Derivatives
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      154 24 Nov 17 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.3029 1.3047 1.0081 1.0091 Canadian dollar 1.2636 1.2647 0.9777 0.9782 Euro 1.7414 1.7422 1.3474 1.3475 NZ dollar 0.9898 0.9909 0.7659 0.7664 Sterling pound 2.0340 2.0350 1.5738 1.5740
      154 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      24 24 Nov 17 Nov 17 S$ Bid Offer 1-month 1.2924 1.2929 2-months 1.2922 1.2928 3-months 1.2918 1.2924 6-months 1.2892 1.2900 Source: OCBC
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    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 24 As at 9am Nov 17 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.334 1.271 Can dollar 1.288 1.239 Euro 1.777 1.709 Sterling pound 2.076 1.997 NZ dollar 1.018 0.97 US dollar 1.317 1.267 Local dollars to 100 units of foreign
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    • Article
      Lock icon INTERBANK RATES
      154 24 Nov 17 $S Offer Bid 0vernight 1/16 1/32 1-month 5/16 3/16 2-months 5/16 3/16 3-months 5/16 3/16 Overnight mode: 1/16 US$ Offer Bid 7 days 0.30 0.20 1 month 0.45 0.25 2 months 0.55 0.35 3 months 0.60 0.40 6 months 0.80 0.60 9 months 0.95 0.75 12
      154 words
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  • Article
    Lock icon THE BUSINESS TIMES SHIPPING TIMES
    4504 25 n BALISA SHIPPING TRADING PTE LTD 8 Shenton Way, #40-03A, Singapore *****1 Tel: 6345 5700 Fax: 6345 5227 Email: singapore@balisagp.com UEN NO. *****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
    4,504 words
  • Page 25 Advertisements
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      28 25 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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  • executive lifestyle
    • Article, Illustration
      Lock icon Class acts
      2110 27  -  Students’ artworks are flying out of the classrooms and gracing the walls of well-known galleries in a daring bid to delve into uncharted artistic waters, writes NATALIE KOH writes NATALIE KOH ESTABLISHED galleries are drawing increasingly from an unexpected humble source of work: art students. That raises some
      PHOTO-ILLUSTRATION: JENNIFER CHUA; PHOTOS OF ALLEN AND OVERY ARTWORKS: ARTHUR LEE; PHOTOS: ONE EAST ARTSPACE  -  2,110 words
    • CINEMA
      • Article, Illustration
        Lock icon Greek tragedy redux
        703 28  -  Unlike the box-office smash 300, Immortals sputters and is dead-on-arrival with its weak script, overwrought CGI and gratuitous gore, reviews GEOFFREY EU By GEOFFREY EU GIVEN that the target audience for CGI-driv-en movies like Immortals typically favours visuals and instant gratification (sex, violence, bad behaviour) over plot
        PHOTOS: RELATIVITY MEDIA  -  703 words
      • Article, Illustration
        Lock icon Snowed-in Feet
        545 28  -  By DYLAN TAN GLEE goes to the Antarctic in Happy Feet Two, the follow-up to the 2006 animated hit about penguins who find any and every reason to break into song and dance. To say it’s more of the same in this sequel might be a bit of
        VILLAGE ROADSHOW PICTURES  -  545 words
      • Article, Illustration
        Lock icon Unmasking sex trade
        669 28  -  DVD REVIEW By CHRISTOPHER LIM WHEN Hollywood takes on the European sex trafficking trade, you get Taken, where Liam Neeson plays a former secret agent who carves a cathartic swathe through the scum of the earth to get his daughter back from Algerian sex traffickers. But take
        TELEIZJA POLSKA SS, CANAL+POLAND  -  669 words
    • MUSIC/GAMING
      • Article, Illustration
        Lock icon Soaring sophomore
        661 29  -  Much lauded Malaysian singer Zee Avi’s upbeat Ghostbird album is a sonic powerhouse, writes CHRISTOPHER LIM writes CHRISTOPHER LIM Ghostbird Zee Avi Universal Rating: B+ YOU know you’ve made it big when you are praised in Rolling Stone magazine and featured on American TV soundtracks, and Malaysian sing-er-songwriter
        661 words
      • Article, Illustration
        Lock icon Expanding on Tolkien
        609 29  -  GAMING REVIEW By CHRISTOPHER LIM BURIED in the appendices of J R R Tolkien’s genre-defining fantasy novel, The Lord of the Rings, are all sorts of gems, and one appendix mentions how the heroes of the novel’s Southern wars would have returned home to burnt fields if
        609 words
    • ARTS/MUSIC
      • Article, Illustration
        Lock icon In sync with dancemeisters
        614 30  -  By LYNN KAN DANCE festivals, arts festivals with dances, dance choreographers’ festivals, showcases for experimental dance Singapore is hardly short of chances for casual or diehard dance fans to catch whatever genre strikes their fancy. Yet,withallthisgoingon,there’sstillanitchamongthedancecommunity that remains unscratched. It all bubbled to the surface recently
        614 words
      • Article, Illustration
        Lock icon Google Music takes a bite of iTunes
        733 30  -  By RYAN NAKASHIMA AP GOOGLE unveiled its much-anticipated digital music store Wednesday, opening a new front in its battle with Apple to provide services over mobile devices. For the first time, Google Inc. will sell songs on the Android Market, its online store
        AP; PHOTOS: BLOOMBERG  -  733 words
      • Article, Illustration
        Lock icon Whole new whirl
        766 30  -  The latter-day Aladdin is a geeky hacker with the hots for the Little Nyonya, writes NATALIE KOH writes NATALIE KOH OVER at the Drama Centre Rehearsal Space, an explosion of pop music is bursting through its doors. As the sounds of Britney Spears’s I’m a Slave For
        PHOTOS: WILD RICE  -  766 words
      • Article, Illustration
        Lock icon Soiman’s Gemuk heft
        553 30  -  By NATALIE KOH THE play might have been called Gemuk Girls but it very well could have been called Gemuk Guy. Not because the sole male actor, Najib Soiman, is gemuk which, in Malay, means fat but because it was he who pulled the most weight in
        553 words
    • ARTS
      • Article, Illustration
        Lock icon Worth its weft in gold
        1233 31  -  European traders paid silver and gold for handmade Indian textiles which sparked one of the earliest forms of globalisation, writes MADHVI SUBRAHMANIAN IT would be hard to imagine a globalised world today based on the trade of simple textiles and spices. But, in the early
        CAPARISONED ELEPHANTS, GUJARAT, LATE 18TH OR EARLY 19TH CENTURY; 108x416cm; SILK; DOUBLE IKAT  -  1,233 words
    • PURSUITS
      • Article, Illustration
        Lock icon La Tache masterclass
        717 32  -  N K YONG looks at the Domaine Romanee-Conti owner’s favourite Grands Cru N K YONG IF you ask Aubert de Villaine, co-owner of Domaine Roma-nee-Conti, which his favourite amongst the six splendid Grands Crus Romanee-Conti La Tache, Richbourg, Grands Echezeaux and Echezeaux is, he will pause for
        FILE PHOTO  -  717 words
      • Article, Illustration
        Lock icon Art of the grotesque form
        714 32  -  By DOLLY CHIA Additional reporting by CHEAH UI-HOON VISITORS of the Affordable Art Fair this weekend mightthinkthey’rewalkingintoasci-fiset–when greeted at the entrance by a bright orangey-red tentacle-like installation snaking around the art space, complete with black cones and tonnes of white “hairs” sticking out of it.
        PHOTOS: YEN MENG JIIN  -  714 words
      • Article, Illustration
        Lock icon Off the eaten track
        522 32  -  By ANDREA BURZYNSKI COOKED lamb eyeball, boiled fertilised duck egg and beaver tail are just a few of the more unusual dishes sampled by a club of adventurous eaters called the Gastronauts. Started in March, 2006, by two friends who wanted to try some of the
        REUTERS  -  522 words
      • AROUNDTOWN
        • Article, Illustration
          Lock icon Opera favourites get a live airing
          160 32 IF you’re a fan of the operatic sounds of Mozart’s Don Giovanni, Bizet’s Carmen or Puccini’s Tosca, you won’t have to wait for the Singapore Lyric Opera (SLO) to produce the individual operas just to catch them live. For their annual concert this year,
          160 words
        • Article
          Lock icon Thrust and parry of comedic wits
          109 32 There’s a big showdown between Singapore and the Philippines happening this weekend, but not in a physical sense. DMR Productions, Comedy Masala and Home Club, co-present Laugh Off Asia, a battle of jokes between the best up-and-coming comedians from Asia. CatchthreeofSingapore’sbestcomedians from Comedy Masala
          109 words
        • Article
          Lock icon Jive to different strokes
          151 32 Nine artists from France and nine from Singapore will be joining forces to create original works of art on site at Helutrans Art Space. In a music jam-like session, the artists will perform live painting at the in-vitation-only opening reception tomorrow to create works that will
          151 words
        • Article
          Lock icon Inking his own style
          124 32  -  Compiled by NATALIE KOH For an artist more known for his works on rice paper, novelist, painter, playwright, poet and filmmaker Gao Xingjian’s recent ink on canvas works add a unique textural element to his style. On canvas, the contrast between light and dark is amplified
          124 words
    • FESTIVALS AROUND THE WORLD
      • Article, Illustration
        Lock icon A stream of lights that tells a story
        948 33  -  The Seoul Lantern Festival, held every November, is a showcase of the city’s past, present and future through creative illumination. By LYNN KAN Brought to you by Ascott THE arterial lifeblood of downtown Seoul, the Cheonggye Stream is already the centre of
        Brought to you by Ascott; AP PHOTOS  -  948 words
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  • Page 28 Miscellaneous
    • Miscellaneous
      Lock icon Page 28 Miscellaneous Column 1
      347 28 CRYPTIC CROSSWORD Across 3 Bad-tempered taxi driver carrying Queen (6) 6 Thoroughly search company doctor (4) 8 Picture in post office is very exciting (5) 9 Foreign articles wore down resistance group (11) 10 Last words on northern city (5) 11 Credit to English concealing strategic move in game (4-4-3)
      347 words
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  • Page 29 Advertisements
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      Lock icon Page 29 Advertisements Column 1
      93 29 Hi v< >\ vO ]MlL SssH! 7? 0 i r Hi IS m i^VS S3" l a k i t" r 2S J V w> H 1 ts> M "i vt V •OH F I -r V I -•rJ^ A SHOPPE STYL Power lunch at one of over twenty restaurants.
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