The Business Times, 23 March 2012
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2012-03-23
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The Business Times
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Title Section25 2012-03-23 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|£l A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MICA (P) 120/08/2011 Friday, March 23, 201225 words
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718 2012-03-23 1 JAMIE LEE - By JAMIE LEE [SINGAPORE] A new dual currency trading scheme offered by the Singapore Exchange (SGX) may open the door to more overseas listings now denominated in foreign currencies and encourage more retail investors to invest in foreign firms. Though, what this means718 words
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Article, Illustration917 2012-03-23 1 GRACE LEONG - Twelve other applications rejected, reflecting the government’s stringent standards By GRACE LEONG [SINGAPORE] The wait is finally over for Resorts World Sentosa, which yesterday received government approval for two junket licence applications it endorsed nearly two years ago. But even as Singapore allowsBLOOMBERG - 917 words
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MARKETS DIGEST
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Article110 2012-03-23 1 HST INDEX 2,979.25 (-26.38) HST INDEX FUTURES 2,979.00 (-27.00) HSIMSCI 344.67 (-2.25) HSIMSCI FUTURES 344.60 (-2.30) US$ S$ US$ (S$ per US$) 1.264 (US$/S$ per 1.589 2.007 EURO (US$/S$/E) 1.323 1.671 Foreign currency per US$ S$ YEN 83.30 65.90 RM 3.080 2.437 HK$ 7.763 6.143 BAHT 30.80 24.37 RUPIAH110 words
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Article18 2012-03-23 1 SINGAPORE 5.38 MALAYSIA 6.55 HONG KONG 5.00 INDONESIA 14.331 TAIWAN 5.036 JAPAN 1.475 Source: Source: Bloomberg18 words
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Page 1 Advertisements
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Advertisement76 2012-03-23 1 M’SIAN ELECTION Najib airs strongest hint it is very near PAGE 15 S’PORE NEWS Affluent S’poreans upbeat on growing their wealth PAGE 11 SPECIAL FEATURE Pakistan National Day PAGES 26 27 COMMENTARY Investing in India made harder PAGE 29 STERLING SILVER There is fire in these three over-50s who have76 words
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TOP STORIES
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Article547 2012-03-23 2 RWS gets licences for 2 junket operators THE wait is finally over for Resorts World Sentosa, which yesterday received government approval for two junket licence applications it endorsed nearly two years ago. But even as Singapore allows the first licensed junket operators onto the gaming scene, 12 other547 words
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Article, Illustration593 2012-03-23 2 MINDY TAN - Uptrend in 2011 more a result of cooling measures for private homes By MINDY TAN [SINGAPORE] The industrial property price bull run may be reaching the edge of a precipice, even as strata industrial property sales hit a record high in 2011,Source: R’ST Research - 593 words
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194 2012-03-23 2 Bloomberg ASCENDAS Pte, which manages Singapore’s biggest industrial real estate investment trust, is preparing an initial public offering of its hotel properties, said four people with knowledge of the matter. The company hired HSBC Holdings plc, Standard Chartered plc and Nomura Holdings IncBloomberg - 194 words
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491 2012-03-23 4 SIOW LI SEN - Survey shows those in Australia, China and HK fared better By SIOW LI SEN IF you are disappointed with your bonus and work in the financial industry, you’re not the only one. Finance professionals in Singapore did not fare as well as their491 words
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Article, Illustration607 2012-03-23 4 Data pressures policymakers to further loosen monetary policy AFP Bloomberg [SHANGHAI] China’s manufacturing activity fell to a four-month low in March, HSBC said yesterday, adding fuel to concerns over slowing growth in the world’s second-largest economy. HSBC’s preliminary Purchasing Managers’ IndexAFP; Bloomberg; REUTERS - 607 words
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688 2012-03-23 4 ANTHONY ROWLEY - Jump in exports to US offsets weakness in Europe, Asia trade By ANTHONY ROWLEY in Tokyo JAPAN recorded a surprise 33 billion yen (S$498.4 million) trade surplus in February instead of an expected 120 billion yen deficit as a jump in exports to the688 words
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Article, Illustration389 2012-03-23 4 Reuters [NEW DELHI] The Indian prime minister’s office moved to quell an outcry over a reported US$211 billion loss in revenues from the sale of coalfields yesterday, after months of pressure over a slew of scandals that have weakened the government.Reuters; REUTERS - 389 words
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Advertisement21 2012-03-23 2 Congratulations! toMr John Chuang, for being named the Businessman of the Year at the Singapore Business Awards 2012. SUPER GROUP LTD21 words
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Advertisement213 2012-03-23 3 THE NEW HONDA CR-V. INDULGE IN SOME SERIOUS FUN. i-MID ECON MODE 1-PUSH START ENGIN E 1-PULL R EA R FOLDING SEATS Sometimes you’re all business. Sometimes, you juggle. Other times, you’re the centre of attention. And sometimes, you’re all about fun. You need a versatile SUV to match your213 words
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Advertisement283 2012-03-23 4 Cn\/f A XXT Investment ALVLrAxvX International F k3iYAr\IVX International Property Expo LOCAL OVERSEAS PROPERTY STOCKS FUNDS ALTERNATIVE INVESTMENT 24 (Sat) 25 (Sun) March 2012 11am 7pm Hall 401, SUNTEC Singapore International Convention Exhibition Centre SMART Celebrates 25 Expos In Asia! Win iPad (3rd Gen.) LIVE DRAW: SAT. 1:15pm. EXCLUSIVE PANEL283 words
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Advertisement242 2012-03-23 5 3 sm FLUENCE Z.E. it i The most innovative sedan. NOW WITH ZERO EMISSIONS 100% Electric 100% Full-sized Sedan 100% Zero Emissions THE FUTURE IS HERE. THE FUTURE IS Z.E. The first of its kind in Singapore, the Renault Z.E. (Zero Emissions) sedan combines innovation with advanced eco-friendly technology to242 words
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COMPANY NEWS
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Article, Illustration457 2012-03-23 6 KENNETH LIM - The US$600m plant will be largest in Asia; partners are Hitachi and Itochu By KENNETH LIM HYFLUX announced yesterday that its first large-scale water project in India will be no smaller than Asia’s largest seawater desalination plant. Together with Japanese partnersFILE PHOTO - 457 words
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424 2012-03-23 6 MICHELLE TAN - By MICHELLE TAN HALF of the units sold at Reflections at Keppel Bay in recent months were scooped up by foreigners, suggesting foreign demand for local luxury homes has not totally abated. Keppel Land sold a total of six units (at an average price424 words
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395 2012-03-23 9 EMILYN YAP - Survey identifies rising costs and economic uncertainty as risks By EMILYN YAP BUSINESS sentiment among Asia’s top companies improved sharply in the first quarter this year as the United States showed signs of recovery while the eurozone debt crisis steadied somewhat. But confidence395 words
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Article, Illustration464 2012-03-23 9 FELDA CHAY - By FELDA CHAY THE bosses of Petra Foods and ARA Asset Management were rewarded at the Singapore Business Awards 2012 earlier this week for bringing their respective firms to great heights. Now, it’s their investors’ turn to be duly rewarded. Analysts from DMGPHOTOS: YEN MENG JIIN - 464 words
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342 2012-03-23 9 LYNETTE KHOO - By LYNETTE KHOO ASPIAL Corporation and Fragrance Group have joined hands to make a collective purchase of a freehold residential and commercial redevelopment site in the Upper Paya Lebar area for $161.1 million. Both companies said yesterday that they have incorporated a special-purpose342 words
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522 2012-03-23 10 JOYCE HOOI - BT Global expects 20% growth in revenue for Asia-Pac in 2012 and 2013 By JOYCE HOOI WHILE the retail arms of telcos are getting the thin end of the falling-margin wedge, their enterpriseserving counterparts like BT Global Services are seeing fat returns. BT Global Services522 words
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Article, Illustration563 2012-03-23 10 Bloomberg [NEW YORK] Several Asian trading firms, including Mitsui Co, Marubeni Corp, and Noble Group, are in the running for US grain and energy trader Gavilon, which could be valued at about US$5 billion, according to sources familiar with the matter. A dealBloomberg; BLOOMBERG - 563 words
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420 2012-03-23 10 JASMINE NG - By JASMINE NG SINGAPOREANS are mostly talk and little action when it comes to increasing their investment in emerging markets, a survey commissioned by Tata Communications revealed. While almost all Singapore companies surveyed said they have looked to emerging markets for growth420 words
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560 2012-03-23 10 A mere 9% of recommendations are a ‘sell’ right now Reuters [HONG KONG] More than a decade after US regulators moved to clean up the stock research industry at investment banks, analysts across the globe are as hesitant as ever to issue negativeReuters - 560 words
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487 2012-03-23 10 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 1 150 280 20.00 26 Cooo) Conv Baker Technology Ltd W*****6 3 1 32 17 10.00 8 Exer Price Prem Disc Gearing Expiry Mths Left Asia-Pacific Strategic487 words
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COMPANY BRIEFS
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71 2012-03-23 10 COSCO Corporation (Singapore) Ltd will start delivery of four UT 771 CDL Platform Supply Vessels (PSVs) worth US$105 million to their American shipowner in early 2014. From March 15 next year, the shipowner may award up to another six contracts for71 words
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53 2012-03-23 10 RYOBI Kiso Holdings Ltd has garnered $39.4 million worth of Singapore orders since the beginning of the year, thanks to healthy demand in the construction sector here. The orders secured by the specialist ground engineering solutions provider span infrastructure, public housing, commercial and institutional53 words
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54 2012-03-23 10 NICO Steel Holdings expects to post a loss for its principal activity for the financial year ended Feb 29. But net profit for fiscal 2012 is still expected to be higher than that for fiscal 2011, due mainly to a one-off gain from54 words
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67 2012-03-23 10 CENTILLION Environment Recycling yesterday proposed to undertake a share consolidation on the basis of 10 shares into one consolidated share. It will issue up to 846.5 million new consolidated shares at one cent apiece with up to 846.5 million free detachable warrants, with each warrant67 words
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Advertisement2610 2012-03-23 6 WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices SABANA SHARI’AH COMPLIANT INDUSTRIAL REAL ESTATE INVESTMENT TRUST (a real estate investment trust constituted on 29 October 2010 under the laws of the Republic of Singapore (as amended)) Managed by Sabana Real Estate Investment Management Pte. Ltd. (Company Registration No. *****5493K) Notice2,610 words
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Advertisement722 2012-03-23 7 Public Offer Now Open. Subscribe Today! Closes 27 March 2012,12.00 noon CORDLIFE GROUP LIMITED (Company Registration No.: *****2883E) (Incorporated in the Republic of Singapore on 2 May 2001) The Cord Blood and Tissue Banking Service Provider About Cordlife Group Limited Incorporated on 2 May 2001 Focuses on two core businesses:722 words
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SINGAPORE MARKETS
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Article, Illustration652 2012-03-23 8 R SIVANITHY - STI comes under severe short-selling pressure instead of enjoying customary short-covering bounce STOCKS R SIVANITHY Senior Correspondent FOR the most part, trading yesterday was almost identical to the several days that preceded it. The actives list for example, had a familiar look to itSource: Bloomberg - 652 words
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Article64 2012-03-23 8 Mar 22 VALUE CLOSE BT OB/OS 157.00-325.00 BT CADI -*****.00-111.00 BT 10-day MA -*****.00 +15.00 FTSE ST Mid Cap 692.38 -3.08 FTSE ST Small Cap 464.35 -3.66 FTSE ST All Share 722.05 -5.83 FTSE ST China Top 225.91 -2.30 FTSE ST China 251.23 -2.77 FTSE ST Catalist64 words
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Article186 2012-03-23 8 MAIN SDQ TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 4 7 6 0 0 0 4 7 6 Manufacturing 31 77 28 7 6 9 38 83 37 Commerce 19 24 14 2 3 4 21 27 18 Tpt/Stor/Comms 9 17 12186 words
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Article917 2012-03-23 8 JOYCE HOOI - Compiled by JOYCE HOOI Neptune Orient Lines March 22 close: $1.37 OCBC INVESTMENT RESEARCH, March 22 THE Shanghai (Export) Containerised Freight Index (SCFI) climbed 5 per cent higher week-on-week in the week ended March 16, 2012. The increase in SCFI was driven by increases of US$239/FEU (40-foot equivalent917 words
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Article123 2012-03-23 8 TURNOVER (‘000) VALUE (‘000) MAIN SDQ TOTAL MAIN SDQ TOTAL Multi Ind 19,299 19,299 57,312 57,312 Manufacturing 208,017 57,833 265,850 172,945 3,611 176,555 Commerce 131,023 4,240 135,263 133,473 381 133,854 Tpt/Stor/Comms 132,351 12,333 144,684 194,718 2,644 197,362 Finance 20,565 110 20,675 124,050 25 124,075 Construction 79,794 5,495123 words
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Article108 2012-03-23 8 Stock name Close Change CapMallsAsia 1.670 CapitaLand 3.050 CapitaMall 1.765 -0.015 CityDev 11.190 -0.020 ComfortDelGro 1.520 -0.015 DBS Grp 14.250 -0.250 F&N 6.950 +0.130 GLP 2.080 Genting SP 1.630 Golden Agri 0.755 +0.015 HK Land 5.500 -0.170 JMH 49.850 -1.460 JSH 31.300 -1.040 Jardine C&C 47.500108 words
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Article, Illustration524 2012-03-23 8 CURRENCIES Reuters [LONDON] The euro nursed losses yesterday and was vulnerable to a further drop after weak eurozone data revived worries about a recession in the region while disappointing data from China dented the higher-yielding Australian dollar. Purchasing managers’ surveys revealed unexpected declines inReuters; PHOTO: REUTERS - 524 words
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Article59 2012-03-23 8 VOLUME MDR 619,961,000 MDR W*****5 410,352,000 *Genting HK US$ 71,835,000 Golden Agri 69,779,000 Ezra 43,460,000 NexGenSCom 42,257,000 Noble Grp 36,729,000 Artivision 27,789,000 AdvanceSCT 27,751,000 Genting SP 26,163,000 VALUE($) DBS Grp 61,456,680 Golden Agri 52,325,485 Noble Grp 50,990,345 Ezra 50,318,190 SingTel 44,245,040 Genting SP 42,796,505 *Genting HK US$59 words
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Article113 2012-03-23 8 BY CENTS CLOSE UP Lyxor ThaiSET 10US$ ***** 387.8 2.8 DBXT MSEurope 10US$ 4485 200.9 3.7 Asia Pac Brew 3480 130.0 3.9 DBXT STGLDv100 10US$ 2795 104.9 3.1 Total Access 269 30.3 9.8 Hyflux 6% CPS 10 ***** 28.0 0.3 Creative Tech 385 22.0 6.1 DBXT S&P Short 10US$113 words
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Article117 2012-03-23 8 BY CENTS CLOSE DOWN DBXT AUDCS 5SG$ ***** -373.0 -1.4 JMH 4985 -184.4 -2.8 GLD 10US$ ***** -183.2 -0.9 JSH 3130 -131.4 -3.2 DBXT iBoxxUSTr 5US$ ***** -106.1 -0.4 IS S&P500 ***** -91.0 -0.5 DBXT MSKorea 10US$ 5890 -77.1 -1.0 Jardine C&C 4750 -60.0 -1.2 DBXT FTVietnam 10US$ 2447117 words
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Advertisement61 2012-03-23 9 move up to automatic room upgrades. book with your Visa Signature card at hotels from the Visa Luxury Hotel Collection and enjoy 7 exclusive benefits of room upgrade, guaranteed best rate, VIP status, complimentary breakfast, $25 F&B voucher, free internet and late check-out. book now at visasignaturehotels.com more people around61 words
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SINGAPORE NEWS
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Article, Illustration456 2012-03-23 11 AMANDA EBER - More than 60% of Asians see wealth creation prospects improving: survey By AMANDA EBER A STANDARD Chartered survey has found that affluent Singaporeans are optimistic about growing their wealth in Asia, despite a dip in overall wealth confidence due to global economic uncertainty.Source: Standard Chartered - 456 words
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Article318 2012-03-23 11 KELLY TAY - Firm’s lawyers will each commit to 25 hours of free public work every year By KELLY TAY HARRY Elias Partnership (HEP) has signed a memorandum of understanding (MOU) with the Law Society of Singapore’s Pro Bono Services Office (PBSO), which commits each of the318 words
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368 2012-03-23 11 EDWIN LOH - By EDWIN LOH TARGETING the next wave of IT demands for mobility and enterprise analytics, multi-national group Cognizant opened the doors of its new development centre for technology incubation yesterday. The centre will bring the IT consulting and business process outsourcing group closer368 words
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258 2012-03-23 11 AMANDA EBER - Ernst Young EOY open for nominations By AMANDA EBER NOMINATIONS opened for the 11th edition of the Ernst Young Entrepreneur of the Year (EOY) awards yesterday, an annual prize dedicated to celebrating the best entrepreneurs in Singapore. Said Max Loh, country managing partner, Ernst Young LLP: “Many entrepreneurs are unsung258 words
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Article, Illustration578 2012-03-23 12 JOSHUA TAN - By JOSHUA TAN COMPANIES here could soon find themselves playing a much larger role in the education of their prospective employees. This was according to speakers at the “Committee on University Pathways Beyond 2015 (CUEP) Townhall”, held yesterday at Ngee Ann Polytechnic.578 words
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378 2012-03-23 12 RONNIE LIM - Cracker operators in Asia hit by narrower margins as demand for petrochem slows By RONNIE LIM COSTLIER naphtha feedstock, on the back of rising crude prices, has caused at least one petrochemicals complex here, Petrochemical Corporation of Singapore, to reduce its operating378 words
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284 2012-03-23 12 AMANDA EBER - By AMANDA EBER THE pervasiveness of social media today is undeniable, but attempts by insurance companies to use it remain stilted and underdeveloped despite the benefits they stand to gain, said IBM yesterday. According to a global survey of more than 21,000 individuals conducted284 words
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354 2012-03-23 12 LIM WEI SHENG - Czech investment multiplier agency opens S’pore unit By LIM WEI SHENG CZECHACCELERATOR, a programme initiated to bring technology-oriented small and medium-sized Czech enterprises to foreign markets, launched its branch in Singapore yesterday. The programme provides support to up-and-coming mid-sized Czech firms in industries354 words
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Advertisement232 2012-03-23 11 v 1ES V H I 3V m I R ’n FJtfe! v vI I i EXPERIENCE A HOLIDAY TO REMEMBER WITH UOB VISA SIGNATURE. Surround yourself in absolute luxury, Signature style. With the Visa Luxury Hotel Collection you can rest assured of enjoying the best available rates, with complimentary continental232 words
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Advertisement310 2012-03-23 12 HONORING THE BEST IN LOCAL ENTERPRISES m r Mr Kwek Muar Kang, Alvin AGI Freight Singapore Re Ltd Ms Cheah Bee Chew Bee Choo Herbal Hair Treatment Ms lay Low Mr Peter Sng CosmoProf Academy Pte Ltd Mr Marcus Holz I Mr Brendon Koo Blum South East Asia Pte Ltd!310 words
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ECONOMY WATCH
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Article, Illustration760 2012-03-23 14 MALMINDERJIT SINGH - New president must manage evolving needs of both developed and developing worlds COMMENTARY MALMINDERJIT SINGH Correspondent THE nominations for the presidency of the World Bank closes today, and what has often been a formality threatens to move into unfamiliar territory. For one thing, the US, which760 words
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Article, Illustration463 2012-03-23 14 AFP [LISBON] Portugal yesterday faced its second general strike in four months as workers protest austerity measures and economic reforms agreed by the government in return for an international bailout. The 24-hour strike is expected to hit public transportation especially hard, with theAFP; PHOTO: AP - 463 words
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495 2012-03-23 14 Interest rate swaps reflect prospects of monetary easing Bloomberg [TOKYO] Interest rate swaps in Japan show that the world’s third-largest economy may be emerging from more than a decade of deflation on prospects that the central bank will add to monetary easing. The spreadBloomberg - 495 words
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Advertisement213 2012-03-23 14 Asia’s leading Luxury Spa Wellness Publication luxury travel wellness 0 4% RELAXING IN TOI ESCAPE TO VIETf MAGICAL ISTAN UL ASIA'S BEST YOGA SCHOOLS NEW AGE FITNESS PROGRAMMES f /s INSIDE FIVELEMENTS RETREAT Ask your local bookshop or make sure of your copy by subscribing today Go to www.asiaspa.com or213 words
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MALAYSIA
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Article, Illustration552 2012-03-23 15 S JAYASANKARAN - Malaysian PM tells Chinese radio talk show he’s waiting for the right time By S JAYASANKARAN in Kuala Lumpur IN THE clearest sign that a general election is looming, Prime Minister Najib Razak has begun what seems to be a552 words
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Article, Illustration528 2012-03-23 15 PAULINE NG - Crabtree Evelyn unit seen as yielding low margins By PAULINE NG in Kuala Lumpur KUALA Lumpur Kepong’s (KLK) decision to exit the retail business to better focus on its core segments of plantations and oleochemicals makes sense given the low margins provided byFILE PHOTO - 528 words
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Advertisement76 2012-03-23 15 Buy or Sell fl Business j] Cafe Restaurant Fruit Shop Bubble Tea Chain Marine Factotry Fish Farm Provision Shop Childcare Kindergarten Tuition Center School Please call 6745 5886 or 8183 1598 SINGAPORE BUSINESS BROKERAGE PTE. LTD. Email: info@businessforsale.sg Website: www. businessforsale.sg DISTRICT 1 FOR SALE > Freehold Office CBD! >76 words
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Advertisement96 2012-03-23 15 6281 5688 or 6757 4403 Summer in Paris by AIRFRANCE S3 62 62 62 C A m o NEW ON AIRBUS a380 3 PaPJs DIRECT WEEKLY FliG-HTS s *938 K/T airfrance.sg AIRFRANCE KLM 3 weekly flights on Airbus A380 starting officially on 4June 2012 from Singapore to Paris. Return fare96 words
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GREATER CHINA/INDIA
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501 2012-03-23 16 Move underscores govt’s weakness, inability to take unpopular measures Reuters AFP [NEW DELHI] India’s struggling government yesterday caved in to pressure over the first increase in rail fares for eight years yesterday, announcing a sweeping rollback just days after a coalitionReuters; AFP - 501 words
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Article, Illustration704 2012-03-23 16 NYT [HONG KONG] China’s leaders have begun actively supporting a populist to become the next chief executive of Hong Kong in elections this Sunday, abandoning their previous private support for a wealthy civil servant whose candidacy has been plagued by scandals, localNYT; AP - 704 words
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Advertisement1682 2012-03-23 16 WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices COURAGE MARINE GROUP LIMITED (Incorporated in Bermuda) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Seventh Annual General Meeting of the Company will be held at SUNTEC SINGAPORE INTERNATIONAL CONVENTION EXHIBITION CENTRE, Meeting Room 308, Level 3, 1 Raffles1,682 words
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Advertisement776 2012-03-23 16 AT3 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 ZI QIANG INVESTMENTS LIMITED (Company No. *****2521K) (IN MEMBERS’ VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of the abovenamed Company of the above-named Companies held on 16 March776 words
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Advertisement194 2012-03-23 16 IN THE MAHER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MAHER OF PLD GG3 PTE. LTD. (IN MEMBER'S VOLUNTARY LIQUIDATION) (Company Registration No. *****2390N) NOTICE OF MEMBER'S VOLUNTARY LIQUIDATION Notice is hereby given that at an Extraordinary General Meeting of Member of the abovenamed company held on 16th194 words
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WORLD
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Article, Illustration473 2012-03-23 17 Rise signals that the world’s largest economy will strengthen LATEST US DATA Bloomberg [WASHINGTON] The index of US leading indicators rose in February by the most in 11 months, signalling that the world’s largest economy will strengthen. The Conference Board’s gauge of the outlookBloomberg; BLOOMBERG - 473 words
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519 2012-03-23 17 System is supplied by ZTE Corp to Telecom Co of Iran Reuters [BEIJING] A Chinese telecommunication equipment company has sold Iran’s largest telecom firm a powerful surveillance system capable of monitoring landline, mobile and Internet communications, interviews and contract documents show. TheReuters - 519 words
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467 2012-03-23 17 ANTHONY ROWLEY - It faces accusations of being arrogant, sacking staff without due cause By ANTHONY ROWLEY in Tokyo CONTROVERSY surrounding international investment bank Goldman Sachs flared afresh in Tokyo yesterday when a former employee of the company and his representatives accused the firm of “arrogant and467 words
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Article, Illustration296 2012-03-23 17 AFP [FRANKFURT] The worst is over in the eurozone debt crisis, but risks remain and it is up to governments to resolve them, European Central Bank (ECB) chief Mario Draghi said in a newspaper interview yesterday. “The worst is over, but risks remain,” MrAFP; REUTERS - 296 words
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Article, Illustration345 2012-03-23 17 AFP [LONDON] British drugmaker GlaxoSmithKline will create 1,000 jobs and open a new production site in northern England, it said yesterday, citing the government’s budget as a key reason for the investment. GSK will open a biopharmaceutical facility at Ulverston,AFP - 345 words
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618 2012-03-23 18 Plan for tit-for-tat blocking of bids if European companies are denied contracts NYT [BRUSSELS] In a move likely to increase tensions over protectionism in international trade, Chinese, American or Japanese companies could be blocked from bidding for public contracts in Europe ifNYT - 618 words
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Article, Illustration468 2012-03-23 18 AFP [TOKYO] Foreign shareholders in Japan’s scandal-hit Olympus have called for a re-think of new board appointments, saying creditor banks have exerted “undue influence” on the line-up. In an open letter to the company, nine institutional investors, who collectively hold up to aAFP; REUTERS - 468 words
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311 2012-03-23 18 Reuters [LONDON] British retail sales suffered their biggest monthly fall in nine months in February and were revised sharply downwards for January, official data showed yesterday, dampening hopes that a consumer revival this year will boost the economy. Sales data is well-knownReuters - 311 words
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Article, Illustration318 2012-03-23 19 The government will provide a A$275m assistance package in return Bloomberg [CANBERRA] General Motors Co (GM), the largest US carmaker, will continue making cars at its Holden unit in Australia for at least 10 years in return for a A$275 millionBloomberg; AP - 318 words
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1156 2012-03-23 23 Calls to avoid pitfalls of mass tourism as country looks to build more hotels, facilities AP [YANGON] Now that Myanmar is opening to the outside world, good luck getting a hotel room. Travellers and eager investors are pouring in to explore one ofAP - 1,156 words
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Article, Illustration897 2012-03-23 24 Companies keep a tight rein on their employees’ use of sites like Twitter NYT [NEW YORK] “Next stop Dow 57,757? Don’t count on it but Tuesday’s bullish session is in the books.” That dash of market analysis on Twitter wasn’t anNYT; AFP/REUTERS - 897 words
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590 2012-03-23 24 Young couples avoid commitment due to uncertain finances Bloomberg [WASHINGTON] The probability of a woman getting married by age 25 dropped to less than half as more Americans opt to cohabit with their romantic partners rather than tie the knot, a US government study shows. TheBloomberg - 590 words
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Advertisement41 2012-03-23 17 I jilll A" B1 Office'/Factofy/Warehouse @'D3i&.pi4 t Grd FlMi^WarehouseTFactoryjl^^ll^ 1 2.00 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 Rent41 words
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Advertisement2870 2012-03-23 18 m Elec Eltek fix iJ S I Elec Eltek International Company Limited (Incorporated in the Republic of Singapore with Limited Liability) Singapore Company Registration Number *****0005H (Hong Kong Stock Code: 1151) (Singapore Stock Code: E16.SI) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of2,870 words
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Advertisement453 2012-03-23 18 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF STRASBOURG HOLDINGS PRIVATE LIMITED Company Registration No. *****8450R (Members’ Voluntary Liquidation) At an Extraordinary General Meeting of the members of STRASBOURG HOLDINGS PRIVATE LIMITED by Written Means is deemed to be convened and held at 20453 words
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Advertisement61 2012-03-23 19 Asia's best outdoors magazine st Adventures in'Asia wAkc£ »rtn LAKSHADWEEPS The next Maldives? m a Mt Kinabalu Bagging an icon HI Auden's Col India's hardest hike North Luzon New kiting hotspot Don't miss the latest issue Ask your local bookshop or make sure of your copy by subscribing today Go61 words
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Advertisement2934 2012-03-23 19 SOUND GLOBAL LTD. (Incorporated in the Republic of Singapore with limited liability) (Company Registration No. *****5422C) Singapore Stock Code: E6E.SI Hong Kong Stock Code: ***** NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of SOUND GLOBAL LTD. (the “Company”) will be held at 3332,934 words
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Advertisement121 2012-03-23 20/21 i 8 IT V. k o 4 Audi til CM CM !!Nl ■Vv&l -..-x-; V 'Jf A M Sharper. BoL The new Audi A5. When it comes to making a bold impression, nothing cuts sharper. Sweeping Lines. Precision styling. Striking LED daytime running lights. An electrically assisted steering system for121 words
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Advertisement6021 2012-03-23 22 WAT3 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices HO BEE INVESTMENT LTD (Incorporated in the Republic of Singapore) (Company Registration Number: *****2381M) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 24th annual general meeting of the Company will be held at 12 Tannery Road #10-01, HB Centre6,021 words
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Advertisement500 2012-03-23 22 THE COMPANIES ACT, CAP. 50 FOODCARE PTE LTD (In Vol. Liquidation) Co. Reg. No. *****7664Z NOTICE IS HEREBY GIVEN that the creditors of the above-named Company which is being voluntarily wound up are required on or before the 24th day of April, 2012 to send in their names and addresses500 words
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Advertisement760 2012-03-23 23 STJOBS lil Like AND STAND TO WIN 3 NEW IPADS*! B SCAN NOW WITH YOUR SMART PHONE TO FIND OUT MORE. OR VISIT WWW.STJOBS.SG Voted No.1 Recruitment Silo by Marketing Magazine (2011) STJOBS TERMS CONDITIONS APPLY. >«£ WATS NOTICES IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 KUSH I760 words
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Advertisement2707 2012-03-23 23 >® < notices Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices CHINA XLX FERTILISER LTD. 4j H fa j£ fa i b BE M PS rI (A limited liability company incorporated in the Republic of Singapore) (Company Registration No. *****0384G) Singapore Stock Code: BOR.SI Hong Kong Stock Code: ***** NOTICE OF EXTRAORDINARY2,707 words
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Advertisement175 2012-03-23 24 HI BBS" DINING OUT SATISFACTION ,i' one port in new l**° OK MU*** ►‘“i® the business Times T TIMES Smith's missive wont hurt Goldman mucn JP Morgan counts on S-EAtogrow iIBS (ooboncBhM witho l, Che lndon*»i» MOroB/ NG design O* 15 brand 1,61 no, "SAtTM 01 gold ar stock T)175 words
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Advertisement626 2012-03-23 24 AT3 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 LOTUS BAKERIES ASIA PACIFIC PTE LTD (In Members’ Voluntary Liquidation) Reg No. *****8024H NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the626 words
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AVIATION/SHIPPING
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Article, Illustration663 2012-03-23 25 Fuel costs, sluggish economies will push more carriers into bankruptcy: chief Bloomberg [ABU DHABI] Emirates, the biggest airline by international traffic, said more carriers will go bust this year as fuel costs and sluggish economies undermine profitability. Airline profits will plunge 62 perBloomberg; REUTERS - 663 words
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487 2012-03-23 25 Reuters [BANGALORE] The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry commodities, rose for the 20th straight day on Wednesday, as demand in the Atlantic basin pushed up rates of smaller vessels. The main index, whichReuters - 487 words
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Article259 2012-03-23 25 SGX '000 Mar 22 S$ +/-Vol CH Offshore 0.40 unch 1063 Chuan Hup Hldg 0.23 unch 195 Cosco Corp 1.16 -0.02 ***** s$ Ezra Hldgs 1.15 0.01 ***** First Ship Lea 0.22 -0.01 1340 Freight Links 0.06 unch 587 Grand Banks unch unch 0 Jaya Hold Ltd 0.55259 words
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144 2012-03-23 25 Reuters [COPENHAGEN] APM Terminals, the port operating arm of Danish oil and shipping group A P Moller-Maersk yesterday said it had won a concession in Costa Rica to develop a port, carrying an investment of about US$992 million. The 33-year concession wasReuters - 144 words
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387 2012-03-23 25 Bloomberg [SYDNEY] Qantas Airways Ltd, Australia’s largest carrier, behaved in an unreasonable manner in negotiations with its baggage-handlers union for a new contract, a lawyer for the labour group told an employment tribunal. The company tried to change the balance of employees and external contractorsBloomberg - 387 words
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Article, Illustration429 2012-03-23 25 AFP Reuters [BRUSSELS] The European Union will likely approve today plans to strike Somali pirate equipment on beaches, widening the scope of its naval operations four years into a mission to protect shipping. Germany had voiced reservations about plans to allow EUAFP; Reuters; REUTERS - 429 words
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350 2012-03-23 25 GDP created by the industry, including tourism, totals US$2.2t, it says Reuters [GENEVA] The aviation industry generates and supports over 56 million jobs around the world as well as enough economic wealth to make it the 19th largest global economy, if it were aReuters - 350 words
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Advertisement28 2012-03-23 25 Queen B Star power, national award... no wonder Vidya Balan rules Indian cinema today Welcome to the GET YOUR COPY TODAY FROM ALL 7-ELEVEN OUTLETS WHILE STOCKS LAST28 words
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PAKISTAN NATIONAL DAY
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Article, Illustration1137 2012-03-23 26 reportsVINCENT WEE - Pakistan and Singapore have some 16 cooperation agreements in various areas and about US$2b in bilateral trade per year, reports Vincent wee reportsVINCENT reportsVINCENT WEE THE development of Pa-kistan-Singapore relations has been excellent over the years. Elaborating on this, Pakistan’s High Commissioner to Singapore, Syed Hasan1,137 words
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Article, Illustration1482 2012-03-23 26 VINCENT WEE - By VINCENT WEE PAKISTAN’S attractiveness as an investment destination has often been overlooked because of a lack of knowledge about the country. This is however changing, with Pakistan now host to more than 800 multinational companies (MNCs) with more than a dozen investing in just the1,482 words
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Page 26 Advertisements
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Advertisement120 2012-03-23 26 Warm Congratulations and Best Wishes to His Excellency, President Asif Ali Zardari and the people of Pakistan on the festive occasion of their 66 th National Day GLOBEX PTE LTD HB INVESTMENTS PTE LTD HEERA INVESTMENTS PTE LTD AAB INVESTMENTS PTE LTD We extend our heartfelt congratulations to the Government120 words
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Advertisement56 2012-03-23 26 Jashne Azadee Mubarak to the Pakistani Community on the joyous occasion of our National Day TUthmmi Akkta% Mohammed Akhtar Carpets 02-15, Tanglin Shopping Centre, Singapore *****9 Tel: ***** 130, Fax; 6734 8246. Under the patronage of VIPs. Dealers in rare and collective pieces from all the famous weavers of the56 words
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Advertisement62 2012-03-23 27 fapo&b" In i' •*tZw*** BAR-B-Q TONIGHT SINGAPORE V- :X. r. n VI •••ijfcs ft i >; > t« r' •-S A- •A" Restaurant 3 Robert Lane, #01-01 Zaman Centre, Main Serangoon Road, Adjacent to Angullia Mosque, Singapore *****5 Tel: +65-*****210, Fax: +65-*****211 Email: barbqtonight@singnet.com.sg Email: info@bbqtonight.com.sg Web: www.bbqtonightsingapore.sg CATERING NOW..62 words
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Advertisement26 2012-03-23 27 A 4 t High Commission of Pakistan for Singapore Felicitates Pakistani community On the National Day of the Islamic Republic of Pakistan No.3,PhillipStreet#01-03RoyalGroupBuilding Singapore*****3 Tel(65)*****055 Fax(65)*****24426 words
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EDITORIAL & OPINION
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503 2012-03-23 28 EDITORIAL THE track-side action at this year’s Formula One (F1) season has taken on a different hue as the spotlight turns to the potential listing of the motor racing business. An initial public offering (IPO) of one of the world’s glitziest503 words
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Article, Illustration711 2012-03-23 28 ROBERT SAMUELSON - THE BOTTOM LINE ROBERT SAMUELSON The Washington Post Writers Group FOUR years after the onset of the financial crisis in March 2008, Bear Stearns was rescued from failure we still lack a clear understanding of the underlying causes. Hundreds of studies andThe Washington Post Writers Group - 711 words
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Article, Illustration1000 2012-03-23 28 ANTHONY ROWLEY - The Chiang Mai Initiative Multilateralisation lives in the shadow of the IMF ANTHONY ROWLEY Tokyo Correspondent AMOVE to double the size of the quasi Asian Monetary Fund which goes under the unwieldy name of the Chiang Mai Initiative Multilateralisation (CMIM) is expected toREUTERS - 1,000 words
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Article, Illustration1197 2012-03-23 29 HARVEY KOENIG, KEYUR SHAH - Recent Budget contains amendments with retrospective effect that will overturn previous court decisions By HARVEY KOENIG, KEYUR SHAH Harvey Koenig is a tax partner at KPMG in Singapore; and Keyur Shah is a partner at BSR and Associates, a member firm of KPMG in India.AP - 1,197 words
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Article, Illustration813 2012-03-23 29 LEON HADAR - LEON HADAR Washington Correspondent FORMER Massachusetts governor Mitt Romney’s big win in Tuesday’s Republican presidential primary in the state of Illinois should buttress his contention that he is the inevitable presidential nominee of his party and that the other Republican candidates should813 words
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387 2012-03-23 29 Mak Yuen Teen - LETTER TO THE EDITOR Mak Yuen Teen I REFER to the report “Davinder Singh to represent SGX in lawsuit” (BT, March 22), and specifically on the issue of whether Mr Singh should be considered an independent director of SGX.387 words
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SINGAPORE STOCKS
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Article1465 2012-03-23 30 Transaction date: Mar 22 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 111.5 +0.5 313 111.5 110.5 111 111.5 1.8 11.31,465 words
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Article183 2012-03-23 31 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 28.5183 words
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Article7299 2012-03-23 31 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 1.04/ Aberdeen Asset Mgt Asia Limited Asian Local Ccy SD Bond 1.004/ EM Local Ccy7,299 words
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Article246 2012-03-23 31 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 53.5 32 AVJennings A35cd -1 48 36 32 35.5 38 3.6 10 2.8 91.1 46 25.5 Genting HK US$ US38.5 +1.5 ***** 39.5 36.5 38 38.5 2535246 words
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Article904 2012-03-23 31 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 103 101 CIMB APAC Div 100US$ US101.3 101 101.3 10.6 1261 856 CIMBAsean40 100US$ US1052cd 1046 1054 42.1 ***** ***** DBXT AUD Bonds 5AU$ A***** *****904 words
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FINANCE & COMMODITIES
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Article604 2012-03-23 32 Mar 22 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.16 *****.85 *****.50 Jun12 *****.00 *****.00 9985.00 *****.00 ***** *****2 Sep12 *****.00 *****.00 *****.00 *****.00 132 1276 MSCI TAIWAN INDEX FUTURES SPOT 284.44 287.81 284.44 Mar12 283.90 288.70 283.20 288.00 ***** *****9 Apr12 283.70 288.50604 words
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373 2012-03-23 32 In local curr In S$ In US$ dy yr dy yr dy yr Mar 21 Index Change Change Change Change Change Change World Preliminary 922.4 -0.1 11.2 0.0 8.4 -0.2 11.1 EAFE Preliminary 756.3 -0.4 10.9 -0.4 7.8 -0.5 10.5 Europe Preliminary 1120.4 -0.1 9.2373 words
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Article, Illustration99 2012-03-23 32 As on 21 March 2012 www.smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE VOL (in Lots) PRECIOUS METAL GOLD FUT APR2012 1661.50 1646.70 1650.00 452 CURRENCY AUD-USD FUT JUN2012 1.0381 1.0332 1.0345 11 EUR-USD FUT JUN2012 1.3291 1.3186 1.3212 9589 BASE METAL COPPER FUT MAY2012 8520 8456 8475 221999 words
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Article107 2012-03-23 32 Mar 21 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low May 12 1355.00 1345.00 1358.00 1344.75 Jul 12 1362.00 1352.25 1365.00 1352.00 Aug 12 1352.50 1343.50 1355.00 1343.50 Sep 12 1333.50 1324.00 1334.75 1326.50 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low May 12 54.38107 words
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Article76 2012-03-23 32 CRUDE OIL PRODUCTS Mar 21 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 124.23 -0.12 WTI (Near Mth) 106.72 0.86 Dubai (1-Mth F) 121.85 0.22 Tapis blend 131.08 -0.13 Minas 130.88 -0.33 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 119.00 unch Jet Kerosene 136.98 -0.14 US$/barrel OpecOil Basket76 words
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Article22 2012-03-23 32 Mar 22 S$ Bid Offer 1-month 1.2632 1.2642 2-months 1.2632 1.2642 3-months 1.2631 1.2641 6-months 1.2624 1.2635 Source: OCBC22 words
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Article68 2012-03-23 32 Mar 21 Mar 21 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 2168.75 2204.25 3 months 2209.00 2245.00 Copper, Grade A(US$/tonne) Cash 8488.00 8459.00 3 months 8455.00 8430.00 Lead(US$/tonne) Cash 2026.75 1993.75 3 months 2044.00 2014.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin(US$/tonne) Cash *****.00 *****.00 368 words
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Article81 2012-03-23 32 Mar 21 Mar 21 COCOA(£/tonne) Close Prev High/Low Mar 12 1514 1519 1551/1506 May 12 1527 1536 1564/1518 Jul 12 1534 1545 1570/1524 Sep 12 1539 1547 1570/1529 COFFEE(US$/tonne) Close Prev High/Low Mar 12 2021 2031 2031/2018 May 12 2022 2032 2042/2009 Jul 12 2008 2002 2022/1993 Sep 1281 words
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Article471 2012-03-23 32 Mar 22 Mar A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.032 6.559 0.786 8.069 52.952 95.434 0.865 11.746 3.201 1.286 94.327 44.742 1.313 7.978 0.947 30.723 32.005 0.654 1.039 Canada 0.969471 words
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Article57 2012-03-23 32 Mar 22 (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$) 0.***** 3 mths 0.***** 0.***** 9 mths SWAP Mid rates (S$) 12 mths 0.***** SWAP Mid rates57 words
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Article154 2012-03-23 32 Mar 22 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.3122 1.3145 1.0388 1.0398 Canadian dollar 1.2716 1.2735 1.0066 1.0074 Euro 1.6703 1.6723 1.3223 1.3228 NZ dollar 1.0209 1.0224 0.8082 0.8087 Sterling pound 2.0063 2.0084 1.5883 1.5887154 words
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Article138 2012-03-23 32 Mar 22 GOLD(US$/oz) Mar 21 Mar 22 Hong Kong 1667.00 1652.00 Mar 22 Mar 20 Mar 21 London 1652.00 1653.88 1652.80 1654.74 Source: Thomson Reuters CAST BAR Mar 22 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 161 67 5gm 458 336 10gm138 words
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Article81 2012-03-23 32 Mar 22 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****F 21-Jun-12 0.31 1-Year BY*****W 01-Nov-12 0.32 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0H 0.250 01-Feb-14 100.06 5-Year N*****0Z 2.375 01-Apr-17 108.55 108.68 108.53 GOVERNMENT BONDS81 words
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Article59 2012-03-23 32 Mar 22 Mar 22 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Apr 12 3365.0 3367.0 3368.0 3355.0 172 7048 May 12 3380.0 3374.0 3382.0 3337.0 4088 ***** Jun 12 3380.0 3368.0 3383.0 3334.0 ***** ***** Jul 1259 words
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Article121 2012-03-23 32 As at 9am Mar 22 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.353 1.289 Can dollar 1.297 1.248 Euro 1.703 1.638 Sterling pound 2.043 1.965 NZ dollar 1.058 1.008 US dollar 1.282 1.233 Local dollars to 100 units of foreign121 words
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Article160 2012-03-23 32 Mar 22 $S Offer Bid 0vernight 0.02 0.01 1-month 5/16 3/16 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.02 US$ 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 0.85 12160 words
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Advertisement128 2012-03-23 32 Africa. Now open for business. Fly Emirates to 21 African cities including Lusaka and Harare. One of the fastest growing regions is now also one of the most accessible. With our extensive African network covering 21 destinations, you’ll find it more convenient to do business in the continent. Coupled with128 words
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3811 2012-03-23 33 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 UK CONTINENT SERVICE Destination STXPO TBN Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Destination Destination STXPO3,811 words
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Page 33 Advertisements
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Advertisement47 2012-03-23 33 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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Advertisement142 2012-03-23 34 Shipping lines seeking reliable logistics partners Can they find your services here in the Shipping Times? r urgently n< R ded by shippers ADVERTIS 1 JOE WONG AT 9620 1 n they -Find your services r& in the Shipping Times? The Business Times Shipping times THE RESULTS ARE CLEAR cc142 words
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executive lifestyle
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Article, Illustration919 2012-03-23 35 BRYAN KOH - There is fire in these three over-50s who have discovered the fountain of youth in their overarching passions, reportBRYAN KOH, ANNA LEEandDYLAN TAN Roger Yeo Lifelong learner By BRYAN KOH ANYONE over 50 who’s convinced he’s past his sell-by date with nothing to919 words
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Article, Illustration860 2012-03-23 35 ANNA LEE - Ng Kee Yam Sculptor By ANNA LEE By SOME clutch onto steel poles in the heat of action; others suspend in mid-air, carefree in flight; and then there are those lounging on the ground in deep contemplation. The free spirit that these resin sculp-ture-installations embody mimicsYEN MENG JIIN - 860 words
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Article, Illustration714 2012-03-23 35 DYLAN TAN - Helena Tang-Lim Manek Manek Beads By DYLAN TAN IRONICALLY, it took retirement for Helena Tang-Lim to find her dream career in beading. What started as a pastime for the former head of an eyewear company has now turned into a lucrative online business that keepsPHOTOS OF ROGER YEO, HELENA TANG-LIM: ARTHUR LEE - 714 words
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CINEMA
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Article, Illustration708 2012-03-23 36 writesDYLAN TAN - The Hunger Games looks set to be the next Twilight with eye candy and taut scenes, writes DYLAN TAN writesDYLAN writesDYLAN TAN WITH more than just a couple of uncanny similarities, it’s no wonder The Hunger Games has been dubbed the new Twilight. BothPHOTOS: LIONSGATE - 708 words
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Article, Illustration556 2012-03-23 36 GEOFFREY EU - By GEOFFREY EU GREAT minds don’t always think alike and that’s a good thing for A Dangerous Method, David Cronenberg’s absorbing and slightly unnerving new film about sexual desire, repressed emotions and the origins of psychoanalysis. A story where people are at odds with each other usuallyGOLDEN VILLAGE - 556 words
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Article, Illustration455 2012-03-23 36 CHRISTOPHER LIM - BLU-RAY REVIEW By CHRISTOPHER LIM JOHNNY English Reborn is ostensibly about disgraced and ridiculously inept British secret agent English (Rowan Atkinson) being given a chance for redemption, but is actually all about Mr Bean and Jason Bourne. If you don’t believe that, just watchPHOTOS: UIP - 455 words
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Article, Illustration418 2012-03-23 36 DYLAN TAN - By DYLAN TAN THERE’S no happy ending in Australian novelist-turned-screenwrit-er-director Julia Leigh’s debut Sleeping Beauty. At least, not for the audience. In fact, the film is a tiresome and directionless excursion into the dark side of sex as its central character allows her bodyPHOTOS: - 418 words
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ENTERTAINMENT
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Article, Illustration482 2012-03-23 37 CHRISTOPHER LIM - CD REVIEWS By CHRISTOPHER LIM NOT since The Prodigy’s 2009 album Invaders Must Die has there been an electronica record as catchy as Skrillex’s Bangarang. It’s an embarrassingly infectious blend of techno-in-spired riffs, hip-hop beats, house vocals and pop cheerfulness. Popping the CD into your car482 words
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Article, Illustration570 2012-03-23 37 ANNA LEE - Standing ovations and oohs and aahs summed up Ari Hoenig’s standout show, reviewsANNA LEE reviewsANNA MOSAIC MUSIC FESTIVAL ANNA LEE LIVE music has an allure that often trumps the deliberate precision of studio albums. Once listeners reconcile their expectations of familiar songs with thePHOTOS: ESPLANADE - 570 words
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Article, Illustration605 2012-03-23 37 RACHEL LOI - By RACHEL LOI AMERICAN indie band Blind Pilot may only have six members, but that evidently didn’t limit the arsenal of instruments it brought to the Esplanade Recital Studio last Sunday. At its first-ever concerts here, band members amazed with their versatility, constantly switching back andHOONG WEI LONG - 605 words
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Article, Illustration579 2012-03-23 37 CHRISTOPHER LIM - Mass Effect Infiltrator iOS only (US$4.99 from App Store) Rating: B Mass Effect 3 Data Pad iOS only (Free from App Store) Rating: B GAMING REVIEW By CHRISTOPHER LIM THE first indication that Mass Effect Infiltrator isn’t your typical afterthought movie spinoff is its graphics. It’s579 words
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ARTS
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Article, Illustration996 2012-03-23 38 MADHVI SUBRAHMANIAN - When Andy Warhol brazenly mass-produced the Campbell Soup Can, he redefined what’s modern about art, writesMADHVI SUBRAHMANIAN MADHVI SUBRAHMANIAN I N our highly wired world, “fame” can be instant. Perhaps Andy Warhol was predicting the Internet age when he said in the 1960s that everyoneARTSCIENCE MUSEUM - 996 words
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Article, Illustration886 2012-03-23 38 MADHVI SUBRAHMANIAN - By MADHVI SUBRAHMANIAN POP art never dies, judging by the number of contemporary artists working in this genre, galleries promoting it and collectors buying it. Three exhibitions currently showing validate the continuing interest among artists and collectors. As Eric Shiner, the director of The Andy Warhol Museum says,PHOTOS: ARTSCIENCE MUSEUM, JAHAN LOH - 886 words
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Article, Illustration773 2012-03-23 38 CHRISTOPHER LIM - By CHRISTOPHER LIM FIGURING out how to score not just the song of a bird but its flight is hard enough for a composer, but Mark Chan compounded that challenge by making the bird in his new project a god that also happens to be made outALEX CHAN - 773 words
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Article, Illustration616 2012-03-23 38 CHEAH UI-HOON - By CHEAH UI-HOON IN some ways, a dramatised reading of a script seems superfluous. Actors who dramatise their lines need to know them fairly well to get into the emotion and flow; but then their constant referral to the script in hand isn’t just visually jarring616 words
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WINE/PURSUITS
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Article, Illustration534 2012-03-23 39 AMITENDU PALIT - BOOK REVIEW By AMITENDU PALIT Amitendu Palit is Head (Development and Programmes) and Visiting Senior Research Fellow at the Institute of South Asian Studies (ISEAS) in the National University of Singapore (NUS) COSMOPOLITANISM is an inescapable feature of Singapore. States and cities with geographical characteristics534 words
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AroundTown
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Article161 2012-03-23 39 NUS Arts Fest >godeatgod: Catch the second restaging of The Necessary Stage’s 2002 play godeatgod at the National University of Singapore’s University Cultural Centre Theatre this weekend. Inspired by the events of 9/11, the play is a layered and moving exploration of power, sexuality, spirituality and survival in the161 words
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Article, Illustration96 2012-03-23 39 >NUS Arts Festival: National University of Singapore Dance Synergy presents its inaugural dance theatre production this Sunday. The performance entitled Hereafter (right and above) explores the Hereafter (right and above) explores the trauma experienced by victims of the 2011 Japan tsunami, as they try to make sense of theJASMINE HOW PHOTOGRAPHY - 96 words
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Article110 2012-03-23 39 Merdeka! The Films of Usmar Ismail and Garin Nugroho: Catch the works of Usmar Ismail and Garin Nugroho, who have helped shaped the landscape of mod-ern-day Indonesian cinema, in this line-up of six films at the National Museum of Singapore. The stories are weaved around diverse topics such as110 words
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Article, Illustration259 2012-03-23 39 SIFAS Festival of Indian Classical Music and Dance 2012: Experi- ence Indian culture with the 10th annual SIFAS Festival of Indian Classical Music and Dance 2012, now on till April 8. Main events for this festival are the ticketed performances that will be held at the Esplanade. These include259 words
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Article123 2012-03-23 39 From KTM Line to Green Corridor:Witness how nature has inspired art with a talk by former President of the Nature Society, Dr Geh Min and local poet, Madeline Lee at the National University of Singapore (NUS), to raise awareness and public support for The Green Corridor project. In line123 words
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Article, Illustration359 2012-03-23 39 RACHEL LOI - Compiled by RACHEL LOI On the Path of Animation at the Gobelins School, Paris 30 Years of Cartoon Exhibition: As part of the French Animation Film Festival 2012, two exhibitions will be held for cartoon lovers. On the Path of Animation at the Gobelins School, Paris, features about 40NANYANG ACADEMY OF FINE ARTS - 359 words
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Article, Illustration1285 2012-03-23 39 N K YONG - Wines should be kept in an environment as close to cellar conditions as possible, says N K YONG N K YONG PROVENANCE the Oxford English Dictionary defines it as “place of origin”. Where it came from. In “wine-speak”, its meaning has been broadened to cover the place ofREUTERS - 1,285 words
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Advertisement11 2012-03-23 35 MUSIC Mark Chan gives BT an Arts Fest peek PAGE 3811 words
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Page 37 Miscellaneous
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Miscellaneous299 2012-03-23 37 CRYPTIC CROSSWORD Across 1 Respectable girls or tarts? (5,2,6) 10 Picture held in fancy (7) 11 Somebody incompetent (7) 12 Spell it out to me (4) 13 Film actress in the dress circle (5) 14 Music circle? (4) 17 Type of reaction one may expect from 19 Across (7) 18299 words
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Advertisement162 2012-03-23 40 TO L I MADE IN ITALY LJJ r Er^ R J Uk? ri b i Bl 5 i in T) T jj|liillllll| ii n jllilHIU" IM ■J' ijli 1 11 in aa* St ME w. -■■f a- m V H V. ft ,ni >'■ mmim v 8*:T-t W'V-*- YvY ,V162 words
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