The Business Times, 9 March 2012
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2012-03-09
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The Business Times
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Title Section25 2012-03-09 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|£l A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MICA (P) 120/08/2011 Friday, March 9, 201225 words
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Article, Illustration865 2012-03-09 1 VICTORIA HO - Republic promoted to first batch of countries that will get device from March 16 By VICTORIA HO [SINGAPORE] Apple’s third-generation iPad has been unveiled and it comes with an extra buzz for Singapore. This time around, the Republic has been catapultedAFP - 865 words
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MARKETS DIGEST
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Article109 2012-03-09 1 GST INDEX 2,970.38 (+57.22) GST INDEX FUTURES 2,964 (+57) GSIMSCI 342.69 (+6.94) GSIMSCI FUTURES 343.10 (+7.30) us$ s$ US$ (S$ per US$) 1.255 (US$/S$ per 1.577 1.979 EURO (US$/S$/E) 1.318 1.653 Foreign currency per US$ S$ YEN 81.30 64.80 RM 3.012 2.400 HK$ 7.765 6.188 BAHT 30.62 24.40 RUPIAH109 words
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Article20 2012-03-09 1 PRIME RATES MALAYSIA HONG KONG 5.38 6.55 5.00 INDONESIA 14.546 TAIWAN 5.036 JAPAN 1.475 KOREA Source: Source: Bloomberg20 words
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679 2012-03-09 1 MALMINDERJIT SINGH - By MALMINDERJIT SINGH [SINGAPORE] It’s official now and the fallout could be far-reaching. Singapore Technologies (ST) Kinetics confirmed that it had received a formal order from the Indian defence agency blacklisting it from defence deals with the government of India for the679 words
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Advertisement89 2012-03-09 1 HOCK LOCK SIEW Will Heineken gulp down APB? PAGE 5 ENTERTAINMENT Bop to the ’Bots PAGE 31 WINE Evenings with heady Shiraz PAGE 29 COMPANIES MapletreeLog is first Reit to jump onto the perp bandwagon PAGE 5 THE OFFLINE HOBBYISTS EXECUTIVE LIFESTYLE PAGE 34 Follow BT Executive Lifestyle on Facebook89 words
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TOP STORIES
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Article, Illustration621 2012-03-09 2 LEE U-WEN - Minister also says that the amount in first 10 months of FY11 is the same By LEE U-WEN [SINGAPORE] The overall net increase in tax revenue from the integrated resort casinos was about $900 million for the first 10 monthsFILE PHOTO - 621 words
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522 2012-03-09 2 GRACE LEONG - Judge gives CAD till April 9 to decide on frozen accounts By GRACE LEONG [SINGAPORE] More than 320 complaints have been filed to date with the Commercial Affairs Department (CAD) against beleaguered land banking firm Profitable Plots, which was accused of cheating investors of more522 words
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Article336 2012-03-09 2 S’pore jumps queue for new iPad APPLE’S third-generation iPad has been unveiled and it comes with an extra buzz for Singapore. This time around, the Republic has been catapulted into the list of the first set of countries that will lay their hands on the device come March336 words
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599 2012-03-09 4 EMILYN YAP - Restructuring of economy to boost productivity likely to lead to rising wages By EMILYN YAP [SINGAPORE] A debate on the effectiveness of Singapore’s exchange rate policy in controlling inflation has surfaced as the country restructures its economy to boost productivity. The restructuring a599 words
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Article, Illustration489 2012-03-09 4 JOYCE HOOI - By JOYCE HOOI [SINGAPORE] Five Singaporeans have made it onto the Forbes Billionaires 2012 list, up from four last year. The incumbents Wee Cho Yaw, Kuok Khoon Hong, Peter Lim and Zhong Sheng Jian are joined by “Popiah King” Sam Goi. The owner of489 words
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538 2012-03-09 4 ANTHONY ROWLEY - By ANTHONY ROWLEY in Tokyo THE Japanese government will make a “political decision” by this summer on the future course of the country’s energy policy if pro- and anti-nuclear power lobbies cannot reach a consensus. Minister of Economy, Trade and538 words
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978 2012-03-09 4 MALMINDERJIT SINGH - By MALMINDERJIT SINGH [SINGAPORE] While Singapore’s move towards a productivity-driven restructuring of its economy is a positive one, the country still needs to address certain areas. It lacks innovation and is too focused on diversification. It also does not have sufficient numbers of978 words
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Advertisement48 2012-03-09 2 y^<2^ move up to express airport check-outs. your Visa Signature card lets you breeze through immigration at over 280 international airports, along with your personal Visa Airport Meet and Assist agent. visit visasignature-asia.com for details. more people around V M M MW the world |o with Visa. SIGNATURE48 words
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Advertisement108 2012-03-09 3 Depuis 1775 n v 3 i\ v. v 4h .> n V > A > 1tr\ K (?> 7 rich Breguet, the innovator. The double-seconds chronometer, 1820 The forerunner of the split-seconds chronograph, the double-seconds chronometer served to provide an accurate measurement of split times, or of the duration of108 words
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Advertisement127 2012-03-09 4 > r m r Mohmmed Aziz Alka Yagmk Shahid Raji Anand Raaj Anand cnss^^gr^) A LIVE Concert to the Larger than life personalities of Cinema Late Shri Dev Anand Shri Shammi Kapoor In the Presence of their Family Members Special guests Shri Shatrughan Sinha and Shri Ramesh Sippy Kallang Theatre127 words
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Advertisement46 2012-03-09 4 LORENZO 25,000 sq. ft. Flagship Mega Store LHK Building Chinese Temple Pan-I Complex SIMS DRIVE Market ALJUNIED ROAD LORONG 17 PLACE Bus Terminal SIMS ALJUNIED MRT SIMS AVE 601 Sims Drive, #01-13/18, Pan-I Complex (formerly SAFE Superstore) Tel: 6746 1180 Buses: 64 125 Nearest MRT: Aljunied46 words
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Advertisement16 2012-03-09 5 I m K S* o e m S' n. •MlilifMtHM JScS5 SS^es ■Trail. KT® Y'js&js i16 words
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COMPANY NEWS
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Article, Illustration812 2012-03-09 5 VEN SREENIVASAN - HOCK LOCK SIEW By VEN SREENIVASAN THE partnership between listed beverage giant Fraser Neave (F&N) and Heineken N V t h e wo r l d s third-biggest brewer by volume, in Asia Pacific Breweries Ltd (APB) has never sat easily. he two who haveFILE PHOTO - 812 words
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632 2012-03-09 5 SIOW LI SEN - By SIOW LI SEN MAPLETREE Logistics Trust yesterday sold $350 million of perpetual securities to pay for acquisitions in South Korea and Japan, the first real estate investment trust to jump onto the perp bandwagon. The money raised will help pay for acquisitions worth $400632 words
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393 2012-03-09 7 JAMIE LEE - Clarity needed on exit strategy before investment is made By JAMIE LEE A PRIVATE-EQUITY (PE) exit via an initial public offering is likely to create a share overhang that makes it difficult for an eventual clean break, said a director of a393 words
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345 2012-03-09 7 KENNETH LIM - By KENNETH LIM SINGAPORE’S first Indian broker is suspending its securities trading and research operations here, just over a year after joining the exchange. “We are restructuring our international operations,” IIFL Asia executive director Prabodh Agrawal told BT. IIFL’s asset and wealth345 words
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Article465 2012-03-09 7 KELLY TAY - Plans to list hotel business on mainboard expected to raise $420.5m By KELLY TAY NEARLY seven months after it first gestured towards vague restructuring plans, Fragrance Group Ltd yesterday revealed details pertaining to the proposed spin-off and listing of its hotel business on the465 words
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Article, Illustration613 2012-03-09 9 LYNETTE KHOO - It’s still underweight on S’pore despite upgrades by other research firms for STI By LYNETTE KHOO INVESTORS seeking a slice of the Asian equities’ pie are increasingly looking at the North Asian market, with China emerging as a bright spot, said ABN Amro.AP - 613 words
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293 2012-03-09 9 CARINE LEE - By CARINE LEE TREASURY China Trust (TCT) has received the Chinese government’s equity investment management licence enabling it to establish an equity investment management business in Shanghai. This is a major step in TCT’s growth as a significant entity in the Chinese293 words
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COMPANY BRIEFS
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131 2012-03-09 9 ASCOTT Residence Trust (Ascott Reit) said it has entered into a conditional sale-and-purchase agreement to acquire a 60 per cent stake in Citadines Karasuma-Gojo Kyoto, a freehold serviced residence, from Mitsubishi Estate Co Ltd and Citadines Ippan Shadan Hojin. The remaining131 words
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79 2012-03-09 9 SINGAPORE Press Holdings (SPH), Singapore Exchange (SGX) and FTSE Group (FTSE) announced that constituents of the Straits Times Index (STI) will remain unchanged following the conclusion of its half-yearly review. However, several changes were made to other indices in the FTSE ST Index Series79 words
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72 2012-03-09 9 ASIATRAVEL.COM Holdings said it has formed a partnership with Thai Ticket Major Company Ltd to sell its travel products through the ticketing service provider’s counters and retail outlets in Thailand. It is the group’s first partnership in bringing its hybrid retail outlet model to the72 words
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56 2012-03-09 9 JES International Holdings increased its investment in its wholly owned subsidiary, Jiangsu Eastern Heavy Industries Co Ltd (JEHI), to US$79.80 million. JES capitalised its entire loan of US$15.95 million granted to JEHI, which will fund the long-term capital requirements of JEHI for56 words
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Article, Illustration329 2012-03-09 9 MICHELLE TAN - Chesham and Ron Sim buying out Top Investment’s stake By MICHELLE TAN CAPITOL Investment Holdings (Capital Investment) will finalise its new shareholding structure come June this year. Chesham Properties Private Limited (Chesham Properties) an affiliate of Pontiac Land Group and Ron Sim via special purpose329 words
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326 2012-03-09 9 MINDY TAN - By MINDY TAN ORCHARD Parade Holdings Limited (OPHL) is to undergo management reshuffle, with the appointment of Lucas Chow as chief executive officer and managing director and Vincent Yik as chief financial officer from March 15. Danny Peh Kok Kheng will also relinquish his326 words
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SINGAPORE MARKETS
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Article, Illustration583 2012-03-09 6 R SIVANITHY - Penny stocks in heavy play, with market turnover at 2.3 billion units worth $1.4 billion STOCKS R SIVANITHY Senior Correspondent PENNY stocks were heavily traded in yesterday’s session as the Straits Times Index, which dropped 78 points on Tuesday and Wednesday, managed a 57.22-pointSource: Bloomberg - 583 words
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Article66 2012-03-09 6 Mar 8 VALUE CLOSE BT OB/OS -216.00 +451.0 BT CADI -*****.00 +214.0 BT 10-day MA -*****.00 -21.00 FTSE ST Mid Cap 684.08 +8.27 FTSE ST Small Cap 458.90 +4.88 FTSE ST All Share 718.41 +12.62 FTSE ST China Top 224.42 +2.94 FTSE ST China 253.15 +3.96 FTSE66 words
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Article54 2012-03-09 6 VOLUME TopGlobal W*****9 184,115,000 UPP 158,913,000 TopGlobal 124,453,000 Golden Agri 120,948,000 MDR 96,291,000 UniFiber 69,912,000 Rowsley 55,417,000 IPCO Intl 53,229,000 Sky One 50,770,000 Noble Grp 43,854,000 VALUE($) Wilmar 144,269,905 Golden Agri 86,166,617 Noble Grp 60,465,685 DBS Grp 59,247,660 SingTel 53,608,870 GLP 48,554,975 STXOSV 45,242,730 CapitaLand 43,978,610 Olam54 words
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Article186 2012-03-09 6 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 10 3 3 0 0 0 10 3 3 Manufacturing 81 36 33 8 3 8 89 39 41 Commerce 29 15 15 2 1 3 31 16 18 Tpt/Stor/Comms 32 0 10186 words
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Article, Illustration851 2012-03-09 6 JAMIE LEE - Compiled by JAMIE LEE Regional Plantations CIMB Research, March 8 THE main takeaway from the Palm Oil Conference is the speakers’ upbeat take on the near-term prospects for crude palm oil (CPO) prices. Most of the experts expect spot prices to head higher in the near term andSource: Bloomberg - 851 words
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Article119 2012-03-09 6 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 17,701 17,701 69,951 69,951 Manufacturing 435,505 28,924 464,429 383,000 874 383,873 Commerce 158,507 14,597 173,104 139,189 697 139,886 Tpt/Stor/Comms 167,517 57,625 225,142 222,389 11,438 233,827 Finance 16,742 16,742 146,975 146,975 Construction 163,338 125,162 288,500 18,353119 words
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Article113 2012-03-09 6 Stock name Close Change Stock name Close Change CapMallsAsia 1.535 +0.060 CapitaLand 2.960 +0.080 CapitaMall 1.830 +0.040 CityDev 10.990 +0.300 ComfortDelGro 1.530 +0.010 DBS Grp 14.300 +0.420 F&N 6.720 +0.120 GLP 2.170 +0.040 Genting SP 1.590 +0.010 Golden Agri 0.715 +0.015 HK Land 5.830 +0.210 JMH113 words
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Article, Illustration438 2012-03-09 6 CURRENCIES AFP [TOKYO] The US dollar was given a boost against the yen in Asian trade yesterday after Japan logged a record monthly current account deficit in January. The US unit rose to 81.26 yen in Tokyo afternoon trade against 81.13 late onAFP; BLOOMBERG - 438 words
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Article110 2012-03-09 6 BY CENTS CLOSE UP DBXT Nifty 10US$ ***** 330.0 2.5 GLD 10US$ ***** 269.7 1.3 DBXT MSKorea 10US$ 5859 143.0 2.0 Jardine C&C 4700 134.0 2.9 JMH 5098 69.0 1.1 DBXT MSTHAI 10US$ 1856 59.0 2.6 Lyxor MS India 10US$ 1372 50.2 3.0 JSH 3124 48.9 1.3 UOB 1794110 words
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Article128 2012-03-09 6 BY CENTS CLOSE DOWN DBXT MSEurope 10US$ 4326 -102.9 -1.9 DBXT DBLCI-OY 5US$ 4031 -97.9 -1.9 DBS Bk 4.7% NCPS 100 ***** -90.0 -0.8 Lyxor Indonesia10US$ 9195 -82.8 -0.7 DBXT S&P Short 10US$ 3822 -59.0 -1.2 DBXT FTVietnam 10US$ 2468 -47.7 -1.5 UOB 5.05%NCPS 100 ***** -19.0 -0.2 Kep128 words
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Advertisement26 2012-03-09 7 L i 1 FIND THE ONES THAT FIT! Q Recruit the right people through CATS Recruit. Call 1800 289 8822 or email recruitd>sph.com.sg to advertise. L26 words
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Advertisement301 2012-03-09 7 SPECTACULAR CENTRAL LONDON RIVERSIDE APARTMENTS London SW18 Exclusive Exhibition BOARDROOM II-III, REGENT SINGAPORE, 1 CUSCADEN ROAD SINGAPORE *****5. FRI 9TH– SUN 11THMARCH 2012, 11AM 7PM. Hammersmith South Kensington Sloane Square Saatchi Gallery Fulham Broadway Fulham Chelsea Harbour Chelsea BATTERSEA PARK Battersea Park Imperial Wharf Putney Bridge Battersea The Hurlingham Club301 words
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Advertisement112 2012-03-09 8 *iJPr v i I-w Sk.- ran IBP p.^»A <HftHP» sp L OUR ATTENTION TO LITTLE DETAILS BEGINS WITH YOURS With an entire floor to keep your children engaged as our latest collections occupy you, luxury is being able to divide your duties without sacrificing any attention, Armani Junior Beauty. Mums.112 words
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Advertisement322 2012-03-09 9 Johns Hopkins Medicine International has announced new appointments Mr. Lawrence Patrick has been appointed as CEO of the Johns Hopkins Singapore International Medical Centre. Lawrence has spent more than a decade providing strategic leadership and operational oversight to Hopkins subsidiaries and affiliates in the Asia Pacific region and the Middle322 words
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SINGAPORE NEWS
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Article, Illustration398 2012-03-09 10 LEE U-WEN - They should implement EMV chip technology in ATMs ahead of the 2014 target timeline: Tharman YESTERDAY IN PARLIAMENT Reports by LEE U-WEN THE Monetary Authority of Singapore (MAS) has urged banks here to speed up their efforts to implement the EMV (Europay,398 words
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Article, Illustration535 2012-03-09 10 BEYOND getting awards for scoring well in school examinations, students will soon be lauded if they display “exemplary values” such as resilience, tenacity, integrity and respect. This was announced by Education Minister Heng Swee Keat in parliament yesterday as he outlined details of aFILE PHOTO - 535 words
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489 2012-03-09 10 MINDY TAN - Spike immediately before their opening has tapered off By MINDY TAN DESPITE the hype, the integrated resorts (IRs) have done little in terms of long-term capital value appreciation of private residential properties in its vicinity, said DTZ in a report issued yesterday.489 words
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423 2012-03-09 10 New model with focus on teaching and practice needed THERE is sufficient scope in Singapore to develop a brand new university model one that is teaching-fo-cused and practice-orient-ed with close industry ties. This is the view of Minister of State for Education Lawrence Wong, who423 words
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415 2012-03-09 10 EDWIN LOH - By EDWIN LOH THE electronics sector may see the light at the end of the tunnel in the second half of this year as hiring sentiments ramp up. Industry leaders yesterday spoke of the rising prospects of the industry globally, which translates into415 words
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304 2012-03-09 10 JASMINE NG - By JASMINE NG CITIBANK will now reward cardholders when they “check in” at locations, tag deals as “cool” and share them with their friends on social network sites such as Facebook. It is launching the first credit card in Singapore304 words
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Article, Illustration285 2012-03-09 10 AMANDA EBER - By AMANDA EBER A RENOWNED Dutch scientist and engineer who pioneered a superior process to remove nitrogen from waste water is this year’s winner of the Lee Kuan Yew Water Prize. Professor Mark van Loosdrecht, who specialises in the microbiology and biotechnology behind285 words
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Advertisement88 2012-03-09 11 JUSTIFIABLY EXPENSIVE i t R-A6200S $4799 DEFINITELY NOT FORTHE MASSES THE INTELLIGENT FRIDGE FROM HITACHI Eco-friendly innovation that comes with stunning looks. With Hitachi's Original Vacuum Compartment Refrigerator, its ingenious Frost Recycling System and the ability to intelligently memorise user behaviour, it's truly in a class of its own. So88 words
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ECONOMY WATCH
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449 2012-03-09 12 Reconstruction demand puts economy on recovery path Reuters [TOKYO] Japan’s economy shrank less than initially estimated in the fourth quarter as companies ramped up capital expenditure, but the current account swung to a record deficit in January as a shift away fromReuters - 449 words
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392 2012-03-09 12 US seeking to reach pact this year, says trade representative Bloomberg [WASHINGTON] The Obama administration is aiming to complete negotiations on a Pacific trade deal this year and hasn’t decided whether to invite Japan, Canada or Mexico to the talks, US Trade Representative RonBloomberg - 392 words
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536 2012-03-09 12 Bloomberg [SYDNEY] Australian employers unexpectedly cut payrolls in February and the unemployment rate rose for the first time since August as a stronger currency hurt tourism and manufacturing. The number of people employed fell by 15,400, the statistics bureau said in Sydney yesterday. That comparesBloomberg - 536 words
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369 2012-03-09 12 Reuters [SEOUL] South Korea’s central bank held interest rates steady as expected for a ninth consecutive month yesterday and gave few clues on policy direction, saying that it needed to balance the risk of a possible spike in inflation against the still-sluggish globalReuters - 369 words
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Advertisement152 2012-03-09 12 Network and source at The Hospitality Show 2012 for a dynamic showcase of products, coupled with the latest developments and trends for the hospitality and contract manufacturing industries from Asia and beyond. 9 12 March 2012 Singapore Expo, Hall 2 www.TheHospitalityShow.com.sg enquiry@TheHospitalityShow.com.sg SHOW ADMISSION HOURS: Trade Admission 9 11 March152 words
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MALAYSIA/INDONESIA
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493 2012-03-09 13 PAULINE NG - By PAULINE NG in Kuala Lumpur OMAN’S National Gas Company SAOG (NGC) has signed a letter of intent to acquire Shell Malaysia T ra d i n g S d n B hd s (SMTSB) LPG assets and business in West493 words
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579 2012-03-09 13 Bloomberg [JAKARTA] Indonesia’s central bank held interest rates to support growth as a government plan to raise fuel prices revives inflation risk. Governor Darmin Nasution and his board kept the reference rate at 5.75 per cent, Bank Indonesia (BI) said in aBloomberg - 579 words
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Article, Illustration334 2012-03-09 13 Govt will set up commission to improve wage system, he says Reuters [KUALA LUMPUR] Malaysia has scrapped a proposed government wage scheme that gave top officials hefty pay rises, state news agency Bernama said yesterday, as Prime Minister Najib Razak tries to shoreReuters - 334 words
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Advertisement125 2012-03-09 13 Louis Smith, Olympic gymnast I have a tattoo on my back that reads, 'What I deserve, I earn'. I can't remember where or when I first heard the phrase, but it's so true. All the rewarding and good things that have happened in my life I've had to work hard125 words
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GREATER CHINA/INDIA
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Article, Illustration664 2012-03-09 14 Bank increases loans outstanding on US properties five-fold to US$2.6b since ’08 Bloomberg [NEW YORK] China’s oldest bank is expanding in New York lending for trophy buildings as Europe’s debt crisis sweeps away the last wave of foreign financiers. Bank of China Ltd (BOC)Bloomberg; BLOOMBERG - 664 words
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412 2012-03-09 14 Industry groups urge US action, say plan breaks WTO rules Reuters [WASHINGTON] Leading US software and technology companies on Wednesday pressed President Barack Obama’s administration for quick action on a new Indian government policy that they said threatens US exports to theReuters - 412 words
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Article, Illustration491 2012-03-09 14 AFP [NEW DELHI] The rout of India’s ruling Congress party in state polls will make it tougher for the government to pursue far-reaching, pro-market reforms that could revive faltering economic growth, analysts say. Voters on Tuesday rebuffed Congress’s bid for a comeback inAFP - 491 words
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Advertisement240 2012-03-09 14 Y N CALL OF DUTY FOR TOTAL DEFENCE Total Defence involves all Singaporeans playing a part in strengthening Singapore’s military, civil, economic, social and psychological defence. Employers help build a strong defence force when they assist their employees to fulfil their National Service (NS) obligations. They do this by adopting240 words
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WORLD
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Article, Illustration541 2012-03-09 15 PepsiCo CEO Indra Nooyi, US politician John Kerry also said to be on shortlist Reuters [WASHINGTON] Former White House adviser Lawrence Summers, diplomat Susan Rice and PepsiCo Inc CEO Indra Nooyi are on a “shortlist” of possible US candidates to head theReuters; PHOTOS: BLOOMBERG, REUTERS - 541 words
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294 2012-03-09 15 Reuters [MADRID] Spain is not ready to give up its seat on the Executive Board of the European Central Bank after its current representative leaves the institution in May, a spokeswoman for the Spanish economy ministry said on Wednesday. Her comments came aReuters - 294 words
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388 2012-03-09 15 Restructuring will give more clout to emerging economies AFP [WASHINGTON] The International Monetary Fund’s (IMF) executive board on Wednesday moved toward a fundamental restructuring of voting rights that will give more clout to emerging economies like China and Brazil, a source close toAFP - 388 words
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Article, Illustration537 2012-03-09 16 Treasury also strikes deal for insurer to pay down US$8.5b more in obligations Reuters [WASHINGTON] The US Treasury Department said on Wednesday it will sell US$6 billion worth of American International Group (AIG) stock and struck another deal for the insurer toReuters; PHOTO: REUTERS - 537 words
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406 2012-03-09 16 Investigations into asset manager expand to HK Bloomberg [TOKYO] Japan’s securities watchdog may extend a one-month suspension of AIJ Investment Advisors Co as investigations into the asset manager expand to Hong Kong, two government officials with knowledge of the matter said.Bloomberg - 406 words
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585 2012-03-09 16 Politicians pushing bank to cut bonuses and boost lending NYT [LONDON] It’s hard to tell sometimes who is calling the shots at the Royal Bank of Scotland (RBS): management or politicians. When Britain bailed out the bank in 2008 and took aNYT - 585 words
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826 2012-03-09 17 JULIE ZHU - They have enormous untapped growth potential and no debt crises: Harvest By JULIE ZHU EJ Insight CRISIS-WEARY investors are taking a closer look at Mongolia, Bangladesh and a few other frontier markets in Asia with largely untapped potential and far detached from theEJ Insight - 826 words
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Article, Illustration450 2012-03-09 18 Postal inspector testifies accounts were funded by depositors’ money AFP [HOUSTON] A “Baby Mama Trust” set up by financier Allen Stanford as US regulators closed in on his US$7 billion Ponzi scheme is among the US$300 million in assets US prosecutorsAFP; REUTERS - 450 words
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562 2012-03-09 19 It also boosts its line of credit to US$5b, reveals user base NYT [NEW YORK] On its way to the public markets, Facebook is raising a huge war chest. In an updated prospectus filed on Wednesday, Facebook said it had effectively doubled its creditNYT - 562 words
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Article, Illustration305 2012-03-09 19 ARTHUR LEE - By ARTHUR LEE [SINGAPORE] With the world’s premier watch exhibition set to open yesterday in Basel, Switzerland, Seiko, in collaboration with Seiko Epson, was expected to unveil the world’s first wristwatch that can automatically adjust to all official world time zones. Retaining305 words
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631 2012-03-09 19 Money is cheap for firms with credit; they are piling into corporate bond mkt NYT [NEW YORK] The Advance Auto Parts executives said the timing was right. The company wanted to capture more business by adding stores and expanding its fleet asNYT - 631 words
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Article, Illustration601 2012-03-09 20 ECB facing rising oil price as it leaves key interest rates unchanged at 1 AFP Bloomberg [FRANKFURT] European Central Bank President Mario Draghi said yesterday that recent action to flood the eurozone banking system with unprecedented volumes of cash had been anAFP; Bloomberg; BLOOMBERG - 601 words
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443 2012-03-09 20 KENNETH LIM - New fund stepping in as market hovers close to bottom By KENNETH LIM [SINGAPORE] A rash of real estate investment funds are trying to exit Indochina after having been burned by the market’s current weakness, said an executive of a new fund that443 words
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585 2012-03-09 20 ROB CURRAN - By ROB CURRAN THERE were three victory speeches and at least four losers in the United States’ “Super Tuesday” primary elections. Mitt Romney, a former Massachusetts governor, took six out of the 10 states but won the bellwether state of Ohio only by the skin585 words
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Advertisement353 2012-03-09 15 ft y 0 l u u l > •k V i i ij -V fl <" m t T34 Attractions Amenities: 1. Perth Mint 50m 2. Pan Pacific Hotel 50m 3. Swan River 500m 4. Barrack Street Jetty 1.5km 5. CBD 1.2km 6. Kings Park 4.5km A Luxury freehold apartments353 words
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Advertisement15 2012-03-09 15 Double Energizing Power of Cordyceps Lingzhi For Energy Immunity 6281 5688 or 6757 4403 www.gnc.com.sg15 words
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Advertisement185 2012-03-09 16 aiaJ minim Hill TopBuhgalow D1 Land FH: d 0,950’sq fk Est7^00sqft li‘" ssaiiai JERRY LUM Snr Marketing Director, MBA, CES cea licence no: R *****6 D HP: 8288 0098 View: jerrylum.myweb.sg SPORE <- 5hrs -> KUL www.FIRSTCOACH.com.my Buy ONLINE now! 40 TRIPS DAILY! 0730, 0745, 0800, 0830, 0930, 1000, 1045,185 words
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Advertisement3783 2012-03-09 17 CAPITAMALLS ASIA LIMITED Asia (Singapore Company Registration Number: *****3169H) (Incorporated in the Republic of Singapore with limited liability) (Hong Kong Stock Code: 6813) (Singapore Stock Code: JS8) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting (“AGM”) of CapitaMalls Asia Limited (the “Company”) will be3,783 words
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Advertisement1837 2012-03-09 18 WATS NOTICES UNIONMET (SINGAPORE) LIMITED (Incorporated in Singapore with limited liability) (Co. Reg. No: *****9104W) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of UNIONMET (SINGAPORE) LIMITED (the “Company”) will be held at Amara Hotel Singapore, Connection 1, Level 3, 165 Tanjong Pagar Road,1,837 words
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Advertisement1499 2012-03-09 18 [SATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices $%('"&>}.-;;.)<`*%|,(]>+@$!/&$) In the Matter of The Companies Act, Cap. 50 And In The Matter of PETROVAL PTE. LTD. (“COMPANY”) (In Members’ Voluntary Liquidation) (Co. Reg. No. *****5831W) By written resolutions of the sole shareholder of the Company dated 29 February 2012, the1,499 words
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Advertisement539 2012-03-09 18 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF NCH (SENGKANG) PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) (Co. Reg. No. *****7586D) NOTICE IS HEREBY GIVEN that the Final General Meeting of the abovenamed Company will be held at 1 Marina Boulevard, #15-05 One Marina Boulevard,539 words
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Page 19 Advertisements
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Advertisement135 2012-03-09 19 I i. ft s. n 1 >r brs Sr s w if? r-ri \t m -f' as, 5 X' I i '> W. .1 3 i r i* sa»-~-m. v l) '■■s W'-4 r #w E; a i J m m ap*-" lp&% |Rf I 'W jr n h Basoeki135 words
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Advertisement172 2012-03-09 19 www.itshow.com.sg Join us at #1 LARGEST I.T, DIGITAL, MOBILE, CONSUMER ELECTRONICS EXHIBITION IN SINGAPORE 8th 11th MARCH 2012 SUNTEC SINGAPORE LEVELS 1, 2, 3, 4 6 12 NOON 9 PM DAILY FREE ADMISSION Guaranteed over S$90,000 CASH to be won in 4 days S$2,000 CASH Win hourly from 1 9172 words
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Advertisement1281 2012-03-09 20 *L WAT3 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices !^.}+@_?:>-?:@;?>_!_-"^;'$"%_.= IN THE MATTER OF THE COMPANIES ACT (CAP. 50) AND IN THE MATTER OF SINGBUILD INVESTMENTS PTE. LTD. (In Members’ Voluntary Liquidation) (Co. Reg. No. *****9810C) NOTICE OF RESOLUTION MEMBER’S RESOLUTIONS IN WRITING PURSUANT TO ARTICLE 59(A) OF THE ARTICLES1,281 words
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Advertisement130 2012-03-09 20 The Besl in L'm British Entertainment WINNER OF THE LAURENCE OLIVIER AWARD IN LONDON'S WEST END Starring ROBIN KERMODE (in THE IRON LADY with Meryl Streep as "John Major") and NICK WILTON (in EASTENDERS as "Mr Lister" and BBC's BAFTA Award-Winning, CARROTTS' LIB) Richard Willey, a Junior Minister in the130 words
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AVIATION/SHIPPING
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Article, Illustration796 2012-03-09 21 Defaults among ship firms set to gather pace with tighter financing Reuters [LONDON] The global shipping slump is expected to last well into 2013 as a glut of vessels and a growing credit squeeze will challenge even the toughest companies in theReuters; BLOOMBERG - 796 words
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784 2012-03-09 21 Reuters [PARIS] CMA CGM, the world’s third-largest container shipping firm, is in talks with its banks to overhaul its debt terms to ease financial pressure caused by volatility in the freight sector, the French group’s finance director said on Wednesday. The family-ownedReuters - 784 words
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Article, Illustration317 2012-03-09 21 VEN SREENIVASAN - Carrier promises it would stick to its pure no-frills airfare By VEN SREENIVASAN [SINGAPORE] In the lead-up to its first flights, Singapore Airlines’ long-haul low-cost carrier Scoot has unveiled a combination of four ticket packages on its flights. These range from FlyBag317 words
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Article258 2012-03-09 21 SGX '000 Mar 8 S$ +/-Vol CH Offshore 0.36 unch 749 Chuan Hup Hldg unch unch 0 Cosco Corp 1.15 0.02 ***** Mar 8 Ezra Hldgs 1.20 0.03 ***** First Ship Lea 0.21 0.01 490 Freight Links 0.06 unch 216 Grand Banks unch unch 0 Jaya Hold Ltd258 words
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376 2012-03-09 21 Bloomberg [NEW DELHI] Kingfisher Airlines Ltd, the Indian carrier struggling with losses and a cash shortage, had fuel supplies suspended after failing to pay bills. Hindustan Petroleum Corp stopped supplying Kingfisher on Wednesday evening, B Mukherjee, finance director at India’s third-largest state refiner, said yesterday.Bloomberg - 376 words
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Page 21 Advertisements
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Advertisement40 2012-03-09 21 tabla! THE HEARTBEAT OF THE INDIAN COMMUNITY Thank you SINGAPORE 20 tabla! readers share what they like about this country --.-j- i SARIS GET A NEW LEASE OF LIFE GET YOUR COPY TODAY FROM ALL 7-ELEVEN OUTLETS WHILE STOCKS LAST40 words
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EDITORIAL & OPINION
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533 2012-03-09 22 EDITORIAL AFTER more than a decade of lobbying, many human rights groups in Singapore finally got their wish granted when the government on Monday announced a mandatory weekly day off for all maids starting next January. The move to introduce this basic labour right533 words
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Article, Illustration825 2012-03-09 22 YOGI AGGARWAL - THE BOTTOM LINE YOGI AGGARWAL The writer is a Mumbai-based journalist who contributes regularly to BT THE prospects for the central government of Prime Minister Manmohan Singh and any hopes of major economic reforms have dimmed following the March 6 elections in five825 words
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Article, Illustration951 2012-03-09 22 DANIEL GROS - The country faces a combination of deposit flight and consumer overspending DANIEL GROS The writer is director of the Center for European Policy Studies THE first de facto default of a country classified as “developed” has now taken place, with private international creditorsBLOOMBERG - 951 words
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Article, Illustration1166 2012-03-09 23 BJ OOI - Singapore should not lose sight of maintaining its position as the best place to live, work and play By BJ OOI The writer is partner and head, International Executive Services, KPMG in Singapore. The views expressed are his own According to a recentFILE PHOTO - 1,166 words
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Article, Illustration611 2012-03-09 23 MIN ZIN - By MIN ZIN The writer contributes to ‘Transitions’, a group blog of the Democracy Lab channel, a collaboration between Foreign Policy and the Legatum Institute I RECENTLY heard an odd story from a source close to the government in Myanmar. The611 words
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Article, Illustration641 2012-03-09 23 ROBERT SAMUELSON - When will China become No 1 ROBERT SAMUELSON The Washington Post Writers Group DOES China already have the world’s largest economy? Most economists think not, and there’s a widespread guessing game as to when it will. “Sometime in the next decade” is a common answer, depending on how fast theThe Washington Post Writers Group - 641 words
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SINGAPORE STOCKS
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Article2784 2012-03-09 24 Transaction date: Mar 8 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 Last Vol Day Last Quote Div Gr Yld 112.5 92.5 AIMSAMPIReit 107 unch 252 107.5 107 107 107.5 1.9 10.82,784 words
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Article223 2012-03-09 25 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 Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale (’000) High Low Buyer Seller C'vr P/E Smil 28223 words
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Article7425 2012-03-09 25 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Asset Mat Pte Ltd APS Alpha Fund Cl A!** AXA Wealth Mgt S'pore Pte Ltd APS Alpha Fund (USD)!** Aberdeen Asset Mgt Asia Limited AXA Wealth Mgt S'pore Pte Ltd Aberdeen Asset Mat Asia Limited Asian Smaller Cos 17,425 words
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Article183 2012-03-09 25 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 46 25.5 Genting HK US$ US35.5 +0.5 6573 36 35 35 35.5 2337.5 Vol 205 168 TanChongInt HK192 192 199 2.9 2.6 13.3 3866.7 STOCK PRICES LEGEND:183 words
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Article915 2012-03-09 25 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 130 109.5 ABF SG Bond ETF 118 1 118 118 117.3 118.3 538.6 103 103 CIMB APAC Div 100US$ US103 1 103 103 103 104 10.8915 words
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FINANCE & COMMODITIES
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373 2012-03-09 26 In local curr In S$ In US$ dy yr dy yr dy yr Mar 7 Index Change Change Change Change Change Change World Preliminary 890.6 0.4 7.3 0.3 4.6 0.4 7.4 EAFE Preliminary 731.4 0.2 7.2 0.0 4.5 0.1 7.3 Europe Preliminary 1085.5 0.7 5.7373 words
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Article76 2012-03-09 26 CRUDE OIL PRODUCTS Mar 7 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 122.60 0.33 WTI (Near Mth) 106.35 1.52 Dubai (1-Mth F) 119.53 0.43 Tapis blend 132.02 -0.39 Minas 131.82 -0.39 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 118.11 0.33 Jet Kerosene 133.80 -0.95 US$/barrel OpecOil Basket76 words
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Article, Illustration106 2012-03-09 26 As on 07 March 2012 www.smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE VOL (in Lots) PRECIOUS METALS GOLD FUT APR2012 1687.10 1672.40 1684.20 505 CURRENCY AUD-USD FUT MAR2012 1.0557 1.0524 1.0560 8 EUR-USD FUT MAR2012 1.3165 1.3097 1.3139 ***** USD-JPY FUT MAR2012 80.75 80.75 81.07 1 BASE METAL106 words
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Article166 2012-03-09 26 Mar 8 SICOM RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Apr 12 391.0 391.0 391.8 14 185 May 12 394.0 394.0 395.3 4 195 Jun 12 400.0 400.0 398.3 8 223 Jul 12 400.5 168 Aug 12 401.2166 words
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Article65 2012-03-09 26 Mar 7 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 2165.25 2192.00 3 months 2209.00 2235.00 Copper, Grade A(US$/tonne) Cash 8293.25 8286.50 3 months 8295.00 8289.00 Lead(US$/tonne) Cash 2059.00 2037.50 3 months 2090.00 2068.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00 3 months65 words
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Article109 2012-03-09 26 Mar 7 Mar 7 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Mar 12 1321.50 1329.75 1332.25 1320.00 May 12 1326.75 1335.25 1339.00 1324.00 Jul 12 1333.50 1341.75 1345.00 1330.75 Aug 12 1325.75 1330.50 1330.75 1321.75 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Mar109 words
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Article77 2012-03-09 26 Mar 8 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****T 07-Jun-12 0.32 1-Year BY*****W 01-Nov-12 0.33 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0H 0.250 01-Feb-14 100.01 5-Year N*****0Z 2.375 01-Apr-17 108.61 108.68 108.65 GOVERNMENT BONDS77 words
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Article457 2012-03-09 26 Mar 8 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Mar12 99.5350 0 2447 Jun12 99.5500 0 625 Sep12 99.5250 0 213 Dec12 99.4800 0 1393 EUROYEN TIBOR FUTURES Mar12 99.6650 0 2098 Jun12 99.6650 0 1995 Sep12 99.6725 99.6725 99.6725 99.6650 1 683 Dec12 99.6650 0457 words
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Article80 2012-03-09 26 Mar 7 COCOA (£/tonne) Close Prev High/Low Mar 12 1452 1450 1462/1448 May 12 1475 1476 1488/1470 Jul 12 1490 unch 1501/1483 Sep 12 1499 unch 1509/1493 COFFEE(US$/tonne) Close Prev High/Low Mar 12 2028 1952 1990/1930 May 12 2031 1955 2032/1918 Jul 12 1995 1944 1995/1912 Sep 12 199880 words
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1295 2012-03-09 26 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 2 1 150 204 25.00 26 Baker Technology Ltd W*****6 3 1 32 15 10.17 8 Best World Intl Ltd W*****5 2 1 30 74 9.20 16 Biosensors1,295 words
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Article470 2012-03-09 26 Mar 8 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.057 6.705 0.806 8.245 53.307 97.031 0.863 11.878 3.198 1.292 96.378 45.216 1.333 8.037 0.972 31.332 32.515 0.673 1.062 Canada 0.946 6.341470 words
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Article55 2012-03-09 26 Mar 8 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 1.***** 0.***** SWAP Offer rates (S$) 0.***** 0.***** 0.***** SWAP Mid rates (S$) 12 mths 0.***** SWAP Mid rates (S$) 1 yr 0.*****55 words
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Article136 2012-03-09 26 Mar 8 GOLD(US$/oz) Mar 07 Mar 08 Hong Kong 1682.00 1702.00 Mar 08 Mar 06 Mar 07 London 1673.10 1684.11 1674.10 1684.88 Source: Thomson Reuters CAST BAR Mar 08 (S$) Selling Buying Kilobar *****.01 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 164 68 5gm 466 341 10gm136 words
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Article57 2012-03-09 26 Mar 8 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Mar 12 3255.0 3255.0 3290.0 3255.0 114 1272 Apr 12 3267.0 3275.0 3313.0 3262.0 704 ***** May 12 3261.0 3266.0 3310.0 3255.0 ***** ***** Jun 12 3257.0 3259.057 words
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Article24 2012-03-09 26 Mar 8 Open High Sett STI Mar 2964 SIMSCI Mar 336.0 343.1 343.1 Taiwan Mar 279.8 283.7 282.6 Source: SGX Derivatives24 words
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Article154 2012-03-09 26 Mar 8 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.3320 1.3330 1.0617 1.0621 Canadian dollar 1.2596 1.2606 1.0040 1.0044 Euro 1.6529 1.6538 1.3175 1.3177 NZ dollar 1.0308 1.0318 0.8216 0.8221 Sterling pound 1.9780 1.9792 1.5766 1.5769154 words
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Article22 2012-03-09 26 Mar 8 S$ Bid Offer 1-month 1.2546 1.2551 2-months 1.2546 1.2551 3-months 1.2544 1.2550 6-months 1.2534 1.2541 Source: OCBC22 words
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Article121 2012-03-09 26 As at 9am Mar 08 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.361 1.297 Can dollar 1.284 1.235 Euro 1.685 1.621 Sterling pound 2.017 1.94 NZ dollar 1.055 1.005 US dollar 1.278 1.229 Local dollars to 100 units of foreign121 words
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Article155 2012-03-09 26 Mar 8 Bid $S Offer Bid 0vernight 0.02 par 1-month 5/16 3/16 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.04 US$ Offer Bid 7 days 0.25 0.15 1 month 0.40 0.20 2 months 0.50 0.30 3 months 0.60 0.40 6 months 0.90 0.70 9 months 1.05 0.85155 words
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3873 2012-03-09 27 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 Destination3,873 words
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Page 27 Advertisements
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Advertisement47 2012-03-09 27 USE THIS SPACE TO SELL CALL JOE WONG AT 9620 1327 TO ADVERTISE THE BUSINESS TIMES Shipping Times I FREIGHT FORWARDER urgently needed by shippers TO ADVERTISE, CALL JOE WONG AT 9620 Can they find your services here in the Shipping Times? The Business Times Shipping Times47 words
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Advertisement14 2012-03-09 27 TO ADVERTISE IN m The Business Times Shipping times CALL JOE WONG AT *****32714 words
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Page 28 Advertisements
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Advertisement60 2012-03-09 28 *;^(>}}`%>)"][(!<,{[;:/>*:[>&%= Publicise Your Delivery Of Newbuilds Come publicise your Ship Christenings Delivery of Newbuilds, Project Completion, Vessel Conversion Refurbishment, Award Wins Certifications, Corporate Image, Corporate Developments and Company Anniversary. There’s no better way to direct your company to new levels of success than with an advertisement in the SPH fleet60 words
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Page 30 Advertisements
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Advertisement45 2012-03-09 30 Stefen Chow’s exhibition on The Poverty Line is opening in Beijing on April 21. He will be in Singapore to give a talk on 3D photography as part of a Singapore Nikon Club event (for registered members only), at the Arts House on March 1645 words
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Page 30 Miscellaneous
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Miscellaneous312 2012-03-09 30 CRYPTIC CROSSWORD Across 1 Children may be found playing it (4,3,4) 8 Poor consolation that’s found in a luxury igloo? (4,7) 11 School which sets tone (4) 12 Heard I’d watched (4) 13 Corresponds with strikers (7) 15 Amenity activated on an unspecified date (7) 16 Impressive marine animals? (5)312 words
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Page 32 Advertisements
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Advertisement54 2012-03-09 32 Masterpieces in Huanghuali Premium quality Huanghuali fine furniture, highly-sought by connoisseurs around the world, together with some of the most beautiful collections of Ming-style classics in zitan, jumu, camphor, lacquer etc… are available here. Warehouse Gallery Mapletree Industrial Blk 1001 #01-08/10 Jalan Bukit MerahSingapore *****5(behind SPRING S’pore Bldg) Daily: 11.30am54 words
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executive lifestyle
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Article543 2012-03-09 34 Jaime Ee - OFF THE CUFF Jaime Ee THIS week, Singaporeans received news more shocking than MRT train disruptions or opposition politicians/civil servants cosying up to women commensurately better-look-ing than them. Yes, hold on to your hats and don’t ask your maid to do it because next year, all the maids543 words
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Article, Illustration2106 2012-03-09 34 DEBBIE YONG - Tech-savvy young executives are forming online social media communities to link like-minded strangers over offline hobbies, reports DEBBIE YONG WHAT good is it sitting alone in your room, Cabaret’s fictional lead character Sally Bowles once famously sang. But that was in the context of 1930s Berlin, andBOOKS & BEER; PURPLE LIGHTS - 2,106 words
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COVER STORY/CINEMA
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Article, Illustration456 2012-03-09 33 DYLAN TAN - By DYLAN TAN THERE’S plenty of eye candy in Kyle Balda and Chris Renaud’s (Despicable Me) vivid big-screen adaptation of Dr Seuss’s 1971 children’s book The Lorax. But while the beautifully rendered CGI will guarantee a sugar-rush regardless of one’s age, the empty calories from the comedown willPHOTOS: UNIVERSAL PICTURES - 456 words
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Article, Illustration598 2012-03-09 33 reviewsGEOFFREY EU - Even without its newly minted Oscar, Best Foreign Film winner A Separation is a beautifully acted, smartly told story about ordinary people in crisis, reviews GEOFFREY reviewsGEOFFREY reviewsGEOFFREY EU A SEPARATION is a taut, powerful and almost unbearably intense family drama from Iran that manages the considerableSONY PICTURES CLASSICS - 598 words
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WINE/PURSUITS
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Article, Illustration1268 2012-03-09 29 writesN K YONG - Down Under wines may not be produced on a scale like French tipple but their tastes beguile, writes N K YONG writesN writesN K YONG SYRAH (Shiraz in Australia) wines are understandably popular here for reasons easy to comprehend. Their taste profiles feature soft, sumptuous, almost1,268 words
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Article, Illustration508 2012-03-09 29 LINDA LIM - BOOKS By LINDA LIM Linda Lim is a Professor of Strategy at the Stephen M Ross School of Business, University of Michigan POPULAR business books for practitioners, usually written by management consultants, often over-promise what they can deliver, either through excessively simple recommendations or excessively508 words
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AROUNDTOWN
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Article, Illustration170 2012-03-09 29 LOCAL filmmakers get a chance to showcase their fresh talents and ideas at the screening of this year’s Singapore Short Film Awards nominees at The Substation Theatre. Each film is less than 30 minutes long, and are spread across 10 different award categories including Best170 words
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Article, Illustration159 2012-03-09 29 TAKE yourself on a visual trip around Asia, and see some of the most iconic buildings in the region all made of paper in Origami Asian Cities, held at the National University of Singapore’s (NUS) University Cultural Centre Foyer. The collection is part of the NUS ArtsPHOTOS: LEONG CHENG CHIT, INDIGO BLUE ART - 159 words
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Article190 2012-03-09 29 Paradigms Perspectives SEE the rapidly developing social and physical landscape of India through the eyes of five budding artists from the country, in an exhibit at the Indigo Blue Art Gallery Paradigms Perspectives. Explore the destructive relationship between humans and nature with Gopal Samantray’s Shadow and join Nabanita Guha in190 words
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130 2012-03-09 29 RACHEL LOI - Compiled by RACHEL LOI DRESS UP your house, and yourself, with home-wares and fashion items made by about 400 Cambodian families as part of The Tabitha Foundation’s cottage industry programme. All of the profits made at this Tabitha Foundation Silk Fair, which will be held130 words
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ARTS
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Article, Illustration763 2012-03-09 30 GEOFFREY EU - By GEOFFREY EU A GOOD story is likely to get even better in the hands of a great storyteller and Jacob Rajan in character as the Guru of Chai is a bona fide rock-star in the tale-spin-ning department. As Kutisar, a buck-toothed chaiwallah (tea seller)FILE PHOTO - 763 words
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Article, Illustration833 2012-03-09 30 RACHEL LOI - Art is second nature for feted artist Wee Beng Chong, writesRACHEL RACHEL LOI IT’S been 30 years since Wee Beng Chong won Singapore’s first Cultural Medallion for art, but at the age of 73, he is nowhere close to hanging up his paintbrush. Later this833 words
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Article, Illustration971 2012-03-09 30 CHEAH UI-HOON - By CHEAH UI-HOON WHAT can someone living on just a few dollars or cents a day eat? How much rice, potatoes or bread, what type of vegetables would he get, and can he even afford chicken or any form of meat at all? It’sSTEFEN CHOW - 971 words
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ENTERTAINMENT
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Article, Illustration1044 2012-03-09 31 reportsCHRISTOPHER LIM - The four-day Transformers Cybertron Con promises a feeding frenzy for collectors of the toy robots, reports CHRISTOPHER LIM reportsCHRISTOPHER reportsCHRISTOPHER LIM THERE’S little doubt about the popularity of the Transformers toy and movie franchise here, judging from packed cinemas and the world’s first Transformers The Ride1,044 words
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Article, Illustration237 2012-03-09 31 CHRISTOPHER LIM - ASIAN DVD REVIEWS By CHRISTOPHER LIM The central tale in The Butcher, the Chef and the Swordsman, about a kitchen cleaver forged from the melted blades of dozens of swordsmen, is wonderful and full of touching twists and hilarious turns that demonstrate the talent of An237 words
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Article, Illustration712 2012-03-09 31 More companies are realising that fitter employees are more productive and efficient A special focus by Singapore Sports Council When staff at Coca-Cola Singapore's concentrate manufacturing plant break into a sweat during office hours, it is not necessarily due to712 words
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CINEMA/MUSIC
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Article, Illustration673 2012-03-09 32 CHRISTOPHER LIM - GAMING REVIEW By CHRISTOPHER LIM MOTION controls were made for melee combat in games. There isn’t a huge tactile gulf between using a physical controller to shoot a gun and firing a real one cacophony and recoil aside. But melee brawls are a different matter entirely.PHOTOS: KINECT STAR WARS, XBOX - 673 words
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Article, Illustration637 2012-03-09 32 DYLAN TAN - Ann Hui’s A Simple Life, though wrenching, is an exercise in restraint, writesDYLAN TAN writesDYLAN DYLAN TAN ANN Hui’s multi-award-winning drama A Simple Life deals with two things most Singaporeans would be familiar with domestic help and an ageing population. Given both issues are currently in the637 words
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Article, Illustration597 2012-03-09 32 CHRISTOPHER LIM - MOSAIC MUSIC FESTIVAL By CHRISTOPHER LIM CONSIDERING how entrenched the Mosaic Music Festival has become in Singapore’s music calendar over the last seven years, it might come as a surprise to many that Imagine: A Soundtrack To Peace, is the festival’s first in-house production.597 words
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Article, Illustration543 2012-03-09 32 RACHEL LOI - By RACHEL LOI IN 2007, a group of aspiring musicians literally rode their way to fame, kicking off on a bicycle tour that began in Vancouver and continued down the American West Coast. Along the way, they stopped at small rural towns and performed for just aboutBEN MOON - 543 words
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Page 34 Advertisements
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Advertisement88 2012-03-09 34 LUSHINGTQN proudly presents DURAN DURAN MARCH 10 8PM SINGAPORE INDOOR STADIUM ai S$98*, S$148* (+S$3 SISTIC fee) c 95 s [v]|ie taxAConr Slvlian A /AsOuCorp Station W A fASOAConp Station AfA-ouCOHP Stiffen m QlvOxtv NEWTON-JOHN 27 March 2012 8pm Esplanade Theatre S$125*, S$175*, S$225* S$300* (+S$3 SISTIC fee) CLASS P388 words
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Advertisement10 2012-03-09 34 ARTS True grit of a Cultural Medallion recipient PAGE 3010 words
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