The Business Times, 15 June 2012

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Microfilm: NL32035
Total Pages: 30
1 30 The Business Times
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  • Title Section
    Lock icon Masthead
    25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|£l A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MICA (P) 120/08/2011 Friday, June 15, 2012
    25 words
  • Article, Illustration
    Lock icon Spain in danger zone, fears spread to Italy
    704 1  -  Borrowing costs shoot up after Moody’s downgrade; Greece poll adds to tension By NEIL BEHRMANN in London SPAIN was gripped by a financial crisis yesterday and the contagion virus swept across to Italy, with the markets unimpressed by eurozone leaders. In particular,
    AP  -  704 words
  • Article
    Lock icon Just doff your hat when telcos go for data caps
    767 1  -  Forget goodwill it’s good business sense COMMENTARY By JOYCE HOOI [SINGAPORE] EVEN for a reading audience that champions capitalism and longs to shake the invisible hand, cheering for more expensive data is about as popular as supporting higher petrol prices.
    767 words
  • MARKETS DIGEST
    • Article
      Lock icon FOREX
      110 1 HST INDEX 2,773.81 (-13.07) HST INDEX FUTURES 2,774.0 (-13.00) HSIMSCI 318.57 (-1.74) HSIMSCI FUTURES 318.50 (-2.40) us$ s$ US$ (S$ per US$) 1.282 (US$/S$ per 1.550 1.986 EURO (US$/S$/E) 1.258 1.613 Foreign currency per US$ S$ YEN 79.40 61.90 RM 3.184 2.484 HK$ 7.758 6.053 BAHT 31.55 24.61 RUPIAH
      110 words
    • Article
      Lock icon PRIME RATES
      17 1 SINGAPORE 5.38 MALAYSIA 6.55 HONG KONG 5.00 INDONESIA 14.628 TAIWAN 5.036 JAPAN 1.475 Source: Bloomberg
      17 words
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  • TOP STORIES
    • Article
      Lock icon THREE-MINUTE DIGEST
      587 2 Spain in danger zone, fears spread to Italy SPAIN was gripped by a financial crisis yesterday and the contagion virus swept across to Italy, with the markets unimpressed by eurozone leaders. In particular, nerves are frayed ahead of Greek elections on Sunday which could determine whether Germany and
      587 words
    • Article, Illustration
      Lock icon May consumer prices decline 0.3%
      799 2 LATEST US DATA Bloomberg [WASHINGTON] The cost of living in the US fell in May by the most in more than three years as fuel prices retreated, buttressing Federal Reserve projections that cheaper commodities will help reduce inflation. The consumer price index declined 0.3 per
      Bloomberg; AFP  -  799 words
    • Article, Illustration
      Lock icon Asia-Europe container freight rates continue slide
      655 2  -  Industry may be recovering but full return to health will come only in 2014 By LYNN KAN [SINGAPORE] Container freight rate hikes have lost their momentum and rates on Asia-Europe slid for the fifth week in a row, but there is still life in
      655 words
    • Article
      Lock icon MBS, RWS file more lawsuits to collect debts
      673 2  -  Gamblers ignoring letters of demand mostly Malaysians By GRACE LEONG [SINGAPORE] Up to 20 more debt collection lawsuits have been brought in recent months by Marina Bay Sands (MBS) against mostly Malaysian gamblers, while three new cases totalling $5.9 million in claims
      673 words
    • Article, Illustration
      Lock icon Dual-class shares back in the spotlight
      636 4  -  Issue now back in focus with Man United’s reported change of heart By JAMIE LEE [SINGAPORE] Manchester United’s latest change of heart on its listing destination throws the issue of du-al-class share structure into the spotlight once again. According to wire reports that cite
      REUTERS  -  636 words
    • Article, Illustration
      Lock icon Playing by different rules for advantage
      408 4  -  REUTERS BREAKINGVIEWS By QUENTIN WEBB [NEW YORK] Manchester United’s IPO transfer will keep the Glazer family firmly in control. For months, the owners of the English soccer club had sought a US$1 billion initial public offering in Singapore. Now the plan has switched to
      408 words
    • Article
      Lock icon National blueprint to tackle climate change unveiled
      614 5  -  Carbon emissions to be cut 7-11% below business-as-usual levels by 2020 By MALMINDERJIT SINGH [SINGAPORE] Singapore aims to slash its carbon emissions by 7-11 per cent below business-as-usual levels by 2020, when emissions are expected to hit 77.2 million tonnes. To help achieve
      614 words
    • Article, Illustration
      Lock icon Haughty Jose and his football philosophy
      587 5  -  By MALMINDERJIT SINGH [SINGAPORE] He isn’t called the Special One for nothing. He has the purported Midas touch in the realm of football teams under his charge have a habit of winning titles like a child picking up lollies in a candy store. So
      AP  -  587 words
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      529 3 tc f 0 BEST Exchange Programme BEST Denki's long-time advocacy of eco-friendliness has made us the leading retailer in energy efficient products. Join us in our effort. Enjoy up to $1000 Green Rebates" when you purchase Energy Efficient Appliances. That's not all, simply purchase a product priced at $927 8c
      529 words
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      87 4 ONE BANK. TWO CENTURIES. AND A GREAT DEAL OF PROGRESS. 1812 cm OPENS IN NEW YORK. V mzsi r A > T*rjl 'pis ii 1977 CITI PIONEERS THE ATM. k S\L U <S>L) Since our beginning in 1812, we've been privileged to support some of the biggest ideas in modern
      87 words
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      184 5 JUNE 16, 2012. WE COMMEMORATE OUR 200™ ANNIVERSARY BY NOT TAKING THE DAY OFF. ***** 1 CITI PARTNERS WITH TO INSPIRE YOUNG SOCIAL ENTREPRENEURS. m A Cltl rMrilu m. m j 9t CITI S 10,000 VOLUNTEERS TO-DATE SERVE THE COMMUNITY. M m vD 7 N V 2007 CD CO ITI
      184 words
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  • COMPANY NEWS
    • Article
      Lock icon Make research on STI stocks accessible
      631 6  -  HOCK LOCK SIEW By R SIVANITHY THE role the Straits Times Index (STI) plays in daily market life cannot be understated large movements in the index can exert profound influence on sentiment, especially in today’s environment where super-fast computers can greatly exaggerate price movements.
      631 words
    • Article, Illustration
      Lock icon Noble’s ex-CEO seeks shares, bonus in lawsuit
      595 6 Ricardo Leiman claims these were wrongfully withheld Bloomberg [SINGAPORE] Ricardo Leiman, who quit Noble Group Ltd the day it posted its first quarterly loss in about 14 years, sued a unit of Asia’s biggest commodity supplier, claiming his shares and 2011 bonus were
      Bloomberg  -  595 words
    • Article
      Lock icon SGX taps telco BT for Chicago, London link
      195 6 THE Singapore Exchange will use a British Telecommunications subsidiary’s services to provide access and connectivity to its new hubs in Chicago and London. It said yesterday that customers in these cities would from next month be offered a cost-effective and managed connectivity
      195 words
    • Article
      Lock icon Citi upbeat on emerging market equities
      491 7  -  Stocks looking attractive as they have priced in a lot of bad news By WANG XIN MIN DESPITE the uncertainties of the upcoming Greek election, investors should maintain a “positive bias” on emerging market (EM) equities, say Citigroup analysts. These equities have priced in
      491 words
    • Article, Illustration
      Lock icon Yangzijiang head clears air on donation
      515 7  -  He gave dividends to foundation, and not stake in firm By LYNETTE KHOO A MEDIA report in Ireland saying that the chairman of Yangzijiang Shipbuilding has donated a 27.8 per cent stake in the group to a charity foundation turned out to be a
      515 words
    • Article
      Lock icon Temasek seeks to boost quota for mainland Chinese securities
      303 7 Bloomberg [SINGAPORE] Temasek Holdings Pte, which holds stakes in China’s biggest banks, said it filed an application to boost its quota for publicly traded securities in mainland exchanges to tap the nation’s long-term growth. The Singapore investment company is seeking to
      Bloomberg  -  303 words
    • Article
      Lock icon Soup sells Dian Xiao Er stake to founders for $7.9m
      461 9  -  Couple buys Soup Restaurant’s 50.98% interest in suit settlement By JOYCE HOOI THE chicken and the duck are properly parting ways. Soup Restaurant Group (Soup) announced yesterday that it has sealed the deal to sell its share in roast duck
      461 words
    • COMPANY BRIEFS
      • Article
        Lock icon Kuwait to invest US$150m in IHH IPO: sources
        77 9 Reuters [KUALA LUMPUR] Sovereign wealth fund Kuwait Investment Authority will invest about US$150 million in Malaysia’s IHH Healthcare’s planned US$2 billion initial public offering in Kuala Lumpur and Singapore, two sources with direct knowledge of the deal said. Malaysia’s pension fund EPF
        Reuters  -  77 words
      • Article
        Lock icon Midas unit inks new master agreement with Siemens
        56 9 MIDAS Holdings’ subsidiary, Jilin Midas Aluminium Industries Co Ltd, has inked a new master agreement with Siemens Aktiengesellschaft, Berlin und München, Sector lnfrastructure Cities, Division Rail Systems. Under the terms of the renewed agreement, Siemens will continue to engage Jilin Midas as
        56 words
      • Article
        Lock icon STX OSV secures 1.4b kroner contract for vessel
        89 9 STX OSV Holdings said it secured a 1.4 billion Norwegian kroner (S$297.5 million) contract for the design and construction of a large, advanced Offshore Subsea Construction Vessel (OSCV) for Ocean Installer and Solstad Offshore. Scheduled for delivery from STX OSV in Norway
        89 words
      • Article
        Lock icon CAE sells four flight simulators for C$65m
        54 9 Reuters [BANGALORE] Aviation trainer CAE Inc said it sold four flight simulators to Aviation Industry Corp of China, Singapore Airlines and two other companies for C$65 million (S$81.1 million). CAE said earlier it was awarded a series of military contracts valued at more
        Reuters  -  54 words
      • Article
        Lock icon Khong Guan full-year profit dives 57.6%
        73 9 KHONG Guan’s net profit attributable to equity holders fell 57.6 per cent from $4.57 million to $1.94 million for the year ended April 30. Its turnover went up 9 per cent to $62.2 million, but its profit took a hit from its Malaysian associate,
        73 words
      • Article
        Lock icon Cafe closures widen Lifebrandz’s Q3 losses
        70 9 LIFEBRANDZ Ltd sunk deeper into the red in the third quarter ended April 30, 2012, with a net loss of $2.11 million, against a net loss of $947,000 a year ago. Turnover decreased 16 per cent year on year to $6.98 million, due to
        70 words
    • Article, Illustration
      Lock icon SATS’ cruise-centre move seen paying off
      431 9  -  Significant earnings contribution in medium term: report By LYNN KAN GROUND-HANDLING company SATS Ltd’s move from air to sea with an operational stake in the new Marina Bay Cruise Centre (MBCC) will pay off as Singapore vies to be a major cruise destination, said
      AFP  -  431 words
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      771 6 UP YOUR MANAGEMENT SKILLS Utilising areas of Productivity, Social Media Negotiation Who should attend: Corporate Communications Professionals, Human Resource Professionals, Head Hunters, Search firm owners, Team Leads, Departmental Heads, Operational Managers, Supervisors Register at www.stjobs.sg/seminars FULL-DAY WORKSHOPS Transforming Service Breakdown to Opportunities Monday, 18 June, SPH News Centre (9.30am to
      771 words
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      155 7 Thomasville WHERE STYLE LIVES™ Since 1904 PRESENTS A Century of American Furniture Making 'J M mmwmw DINING ROOM Collection: Studio455 Rectangular Table 4 Side Chairs 2 Arm Chairs 3,990 LV#J LIVING ROOM Collection: Bradley 3+2+1 Sofa (Full Cowhide Leather) 4,980 V» m BED ROOM Collection: Affinia Queen Size Bed 2
      155 words
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      Lock icon Page 7 Advertisements Column 2
      157 7 For Sale Resort Project Koh Samui Thailand Project Location The Resort Project legally covers 73,875 m² lands and is located at a hillside at the North-East of Koh Samui (near Chaweng Beach), one of Thailand’s most famous luxurious and exclusive holiday islands in the Gulf of Siam The Resort Project
      157 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon STI falls on Spanish, Italian bonds selloff
      560 8  -  Market also awaits outcome of Greece election this weekend STOCKS R SIVANITHY Senior Correspondent LOW-priced issues enjoyed a bit of rotational action yesterday but all this ceased once Europe opened in the late afternoon in the red following a selloff in Spanish and
      Source: Bloomberg  -  560 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 3 7 4 0 0 0 3 7 4 Manufacturing 34 42 44 2 6 12 36 48 56 Commerce 10 25 22 2 6 2 12 31 24 Tpt/Stor/Comms 9 19 10
      186 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      121 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 9,993 9,993 47,215 47,215 Manufacturing 163,405 54,833 218,238 137,930 2,965 140,895 Commerce 158,219 1,720 159,939 96,016 89 96,104 Tpt/Stor/Comms 55,732 12,563 68,295 90,259 3,229 93,488 Finance 10,542 10,542 98,804 98,804 Construction 78,322 3,316 81,638 11,621
      121 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      110 8 Stock name Close Change CapMallsAsia 1.425 -0.015 CapitaLand 2.620 -0.060 CapitaMall 1.795 CityDev 10.220 +0.060 ComfortDelGro 1.470 DBS Grp 13.280 -0.020 F&N 6.710 +0.020 GLP 2.120 +0.030 Genting SP 1.435 -0.010 Golden Agri 0.635 -0.015 HK Land 5.510 +0.030 JMH 48.000 +0.020 JSH 30.050 -0.130 Jardine
      110 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      65 8 Jun 14 VALUE CLOSE BT OB/OS -251.00-121.00 BT CADI -*****.00 -98.00 BT 10-day MA -*****.00 -25.00 FTSE ST Mid Cap 646.77 -0.95 FTSE ST Small Cap 425.31 -2.91 FTSE ST All Share 672.07 -2.88 FTSE ST China Top 188.71 -1.46 FTSE ST China 212.63 -0.30 FTSE ST
      65 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      55 8 VOLUME NexGenSCom 69,416,000 M Devt 55,903,000 MDR 47,256,000 Golden Agri 36,916,000 Noble Grp 30,798,000 UniFiber 27,114,000 Teledata 24,802,000 Asiasons 24,787,000 Genting SP 22,939,000 LionGold 22,328,000 VALUE($) CapitaLand 38,356,240 UOB 36,287,940 Noble Grp 34,827,510 Genting SP 32,988,325 GLP 32,692,453 SingTel 31,855,750 Keppel Corp 29,113,330 OCBC Bk 28,642,610 Olam
      55 words
    • Article, Illustration
      Lock icon BROKERS’ TAKE
      827 8  -  Compiled by Lynette Khoo Sheng Siong Group June 14 close: $0.415 OCBC Investment Research, June 14 Sell-offs from loss-covering: The share price of Sheng Siong Group (SSG) fell 17.3 per cent in less than two months from our last report compared to a drop of 6.5 per cent
      Source: Bloomberg  -  827 words
    • Article, Illustration
      Lock icon Asian markets drop on US losses, Europe woes
      568 8 CURRENCIES AFP [HONG KONG] Asian markets mostly fell yesterday as dealers followed losses on Wall Street while selling pressure was also stoked by fears over Spain and nervousness ahead of Greek polls at the weekend. Tokyo fell 0.22 per cent, or 19.95
      AFP  -  568 words
    • Article
      Lock icon RISES
      112 8 BY CENTS CLOSE UP DBXT MSEurope 10US$ 3930 117.9 2.4 GLD 10US$ ***** 91.0 0.5 UOB.ES.1206 1777 66.0 3.9 DBXT MSJAP 10US$ 3399 56.4 1.3 CityDev.ES.1206 1021 56.0 5.8 DBXT S&P Short 10US$ 3892 34.6 0.7 DBXT MSKorea 10US$ 5353 32.0 0.5 DBXT iBoxxSing 5SG$ ***** 30.0 0.2 OCBC
      112 words
    • Article
      Lock icon FALLS
      123 8 BY CENTS CLOSE DOWN IS S&P500 ***** -331.9 -1.9 Jardine C&C 4257 -120.0 -2.7 DBXT E50 10US$ 3149 -98.7 -2.4 IS DJ US Tech 6960 -43.6 -0.5 DBXT MSINDO 10us$ 1336 -37.2 -2.1 DBXT MSTaiwan 10US$ 1578 -19.2 -0.9 Semb Corp.ES.1206 494 -17.0 -3.3 UOB 1771 -17.0 -1.0 JSH
      123 words
    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 8 DAILY
      5 words
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      Lock icon Page 9 Advertisements Column 1
      377 9 WATS 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 PIONEER PANDA PTE. LTD. (Company Registration No: *****9609Z) (Incorporated in Singapore) (IN MEMBERS’ VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of the members of the Company duly convened
      377 words
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      Lock icon Page 9 Advertisements Column 2
      399 9 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 PURSUANT TO SECTION 290(2)(b) AND IN THE MATTER OF CHUANG’S ENTERPRISES (PTE) LTD (Company No: *****1354H) (In Members’ Voluntary Winding Up) By way of Shareholders’ Written Resolution dated 14th June 2012 the Special Resolutions set out below were duly passed: (1)
      399 words
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      466 9 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF SPRING GROVE DEVELOPMENT PTE LTD Co. Reg. No. *****1703W (IN MEMBERS’ VOLUNTARY LIQUIDATION) Extract of the minutes of Corporate Representative at the Extraordinary General Meeting of members of Spring Grove Development Pte Ltd convened and held
      466 words
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      0 9 {`\=@=`+<"+?'*?=\"},-\*~/(|<.`\
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      479 9 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF STANHOPE INVESTMENTS PTE LTD (IN MEMBERS’ VOLUNTARY LIQUIDATION) (Co. Reg. No. *****0531Z) NOTICE OF RESOLUTIONS At the Extraordinary General Meeting of Stanhope Investments Pte Ltd duly convened and held on the 7th day of June 2012,
      479 words
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      893 9 TA CORPORATION LTD (Incorporated in the Republic of Singapore) (Company Registration Number: *****5512R) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting (“EGM”) of TA Corporation Ltd (the “Company”) will be convened on 2 July 2012 at 10.00 a.m. at No. 1 Jalan Berseh, #03-03
      893 words
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  • SINGAPORE NEWS
    • Article
      Lock icon Site at Kaki Bukit Road 5 draws top bid of $27.3m
      532 10  -  Amount beats expectations; Hock Lian Seng trumps 7 other bidders By MINDY TAN THE top bid for the 1.31 hectare (ha) industrial site at Kaki Bukit Road 5 beat analysts’ expectations yesterday, at $27.3 million, or $138.6 per square
      532 words
    • Article, Illustration
      Lock icon CapitaLand mulls over move to Jurong East
      518 10 Westgate Tower is slated for completion in 2014 CAPITALAND group could go west. The property giant is said to be considering a move from the city to its Westgate Tower near Jurong East MRT Station. When contacted, a CapitaLand spokesman said no decision
      FILE PHOTO  -  518 words
    • Article
      Lock icon Barclays joins Google to support Pink Dot party
      401 10  -  It will be first int’l bank coming out to back annual event By SIOW LI SEN GLOBAL bank Barclays is joining Internet giant Google to support this year’s annual Pink Dot party. Barclays will be the first international bank coming out to
      401 words
    • Article
      Lock icon University scholarships prove popular among students
      322 10  -  By APRIL CHYE A SCHOLARSHIP connects one with academic excellence and prestige. But while some are simply grateful for the financial aid, others are more picky about their source of funding. An annual survey by BrightSparks, Singapore’s largest scholarship and higher education media, has
      322 words
    • Article
      Lock icon Another round of cooling measures unlikely: analyst
      330 10  -  By MICHELLE TAN CURRENT market conditions probably do not warrant another round of property cooling measures, according to Bank of America Merrill Lynch (Singapore) economist Chua Hak Bin. In a report yesterday titled “Singapore: More property measures?”, Mr Chua wrote: “A fragile economic
      330 words
    • Article, Illustration
      Lock icon Place management could revitalise Orchard Road
      376 10  -  ORBA hopes to fill the role of place manager officially By MICHELLE TAN REBALANCING the management of malls along Orchard Road by appointing a place manager is one of the key issues that need to be looked at to elevate Singapore’s main shopping belt
      376 words
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      34 10 ■f X •J FIND THE ONES THAT FIT! CT c Recruit the right people through CATS Recruit. Call 1800 289 8822 or email recruit@sph.com.sg to advertise. J WATS rJ 1 Cl RECRUIT I o
      34 words
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  • ECONOMY WATCH
    • Article
      Lock icon Japan defends against adverse Greek polls
      857 11 It is drawing up contingency plans using experience from 2008 Lehman crisis Reuters [TOKYO] Japan is quietly drawing up contingency plans to protect its economy and financial markets in case this weekend’s Greek elections ignite fresh turmoil in the eurozone and a flight of
      Reuters  -  857 words
    • Article, Illustration
      Lock icon Swiss central bank to maintain franc cap
      871 11 It keeps borrowing costs at zero to protect economy Bloomberg [ZURICH] The Swiss central bank pledged to keep defending its franc cap and left borrowing costs at zero to protect the economy from the euro area’s intensifying crisis. The Swiss National Bank, led
      Bloomberg; BLOOMBERG  -  871 words
    • Article
      Lock icon US may delay swaps rules for overseas banks
      477 11 It will also offer relief to foreign ops of US swap players Reuters [WASHINGTON] The United States is considering giving US and foreign banks more time to comply with costly new reforms related to their overseas swaps operations, according to sources. The
      Reuters  -  477 words
  • Page 11 Advertisements
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      Lock icon Page 11 Advertisements Column 1
      96 11 Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices Industrial Government Land Sales: Land Parcels at Tuas South Street 7, 8 and 9 PLOT 27 'plot 'plot Site Information Location Land Area Tenure GPR Zoning Tuas South Street 7, 8 and 9 (Plots 7, 9,11,25, 27) (as highlighted) 3,035 5,738 sqm 23 years
      96 words
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      443 11 MORINO ELECTROPLATING (S) PTE. LTD. (In Members’ Voluntary Liquidation) (Company registration number *****3402M) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308(1) of the Companies Act, Cap. 50, that the Final General Meeting of the Members of Morino Electroplating (S) Pte. Ltd. will be held at
      443 words
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  • MALAYSIA/INDONESIA
    • Article
      Lock icon Biggest provincial lender to buy up 51 rural banks
      404 12 BJBR expects to grow loan portfolio by 25% this year by tapping small businesses Reuters [JAKARTA] Indonesia’s biggest provincial lender, Bank Pembangunan Jawa Barat Banten (BJBR), plans to buy a majority stake in 51 rural banks this year in a bid
      Reuters  -  404 words
    • Article, Illustration
      Lock icon Indonesia consumption, infrastructure to get boost
      718 12 Govt to step up building projects, lift tax-free annual income level Bloomberg [JAKARTA] Indonesia will implement stimulus measures to boost consumption and infrastructure spending as a global slowdown limits exports and an imminent election in Greece threatens to deepen Europe’s debt turmoil. The government
      Bloomberg; AFP  -  718 words
    • Article
      Lock icon KL tables Bill to seek RM 13.8b in new funding
      457 12  -  Move brings debt closer to legal limit set at 55% of GDP By S JAYASANKARAN in Kuala Lumpur THE Malaysian government tabled a supplementary supply Bill in Parliament yesterday seeking RM13.8 billion (S$5.6 billion) in new funding for this year.
      457 words
  • Page 12 Advertisements
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      1375 12 NOTICES CP *> MARCO POLO MARINE LTD. (Incorporated in the Republic of Singapore) Company Registration No. *****0073Z NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting (the “EGM") of the shareholders (the “Shareholders”) of Marco Polo Marine Ltd. (the “Company”) will be held on 9
      1,375 words
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      756 12 }~{-]]^("(|?\-&=&&'~_}<@;'%%<_' IN THE MATTER OF THE COMPANIES ACT CAP 50 AND IN THE MATTER OF HAND ENTERPRISE SOLUTIONS PTE. LTD. Co. Reg. No. *****2154Z (In Members’ Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act Cap 50 that the Final Meeting
      756 words
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      Lock icon Page 12 Advertisements Column 3
      14 12 Find assorted properties for sale in Malaysia ■l I 0 0 m 0 STPROPERTYsg
      14 words
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  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon Congress allies favour Manmohan as president
      568 13 Race gets complex after they reject ruling party’s picks Bloomberg [NEW DELHI] India’s presidential election is becoming increasingly unpredictable after allies of the ruling Congress party rejected its picks for the post and proposed Prime Minister Manmohan Singh as an alternative. Mr Singh, under
      Bloomberg; REUTERS  -  568 words
    • Article
      Lock icon India’s inflation in May exceeds estimates as rate decision looms
      674 13 Bloomberg [MUMBAI] Indian inflation quickened more than estimated in May, an acceleration that may fail to prevent an in-terest-rate cut next week to prop up slowing growth. The benchmark wholesale-price index rose 7.55 per cent last month from a year
      Bloomberg  -  674 words
    • Article
      Lock icon US lawmakers probe China tech firms for ties, contracts
      729 13 Huawei, ZTE asked to disclose dealings with Chinese Communist Party Reuters [WASHINGTON] US lawmakers are pressing two top Chinese technology companies, Huawei Technologies Co Ltd and ZTE Corp, to disclose their inner workings in a probe into security threats to US
      Reuters  -  729 words
    • Article
      Lock icon India’s infrastructure borrowers to pay more for loans
      678 13 Bloomberg [MUMBAI] Prime Minister Manmohan Singh’s drive to double tax-free bond sales risks a glut that will make infrastructure borrowers pay a premium over government debt for the first time, according to India’s biggest underwriter. Top-rated National Highways Authority of India and
      Bloomberg  -  678 words
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      39 13 table! THE HEARTBEAT OF THE INDIAN COMMUNITY DrNRI Chennai doctor’s US$1,000 home medical care scheme for aged parents of NRIs TAJ EXPRESS SAYS THANKS TO STORE "S I GET YOUR COPY TODAY FROM ALL 7-ELEVEN OUTLETS WHILE STOCKS LAST
      39 words
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      26 13 98(2$)5!9# PORSCHE BOOKLET 51(2$%9% "35 23)<4773< Breakfast with 4$26 "&0),’ <)2"# 6<,95# *9<,0:,75 /456 56<5"9;3<5<,+ 5<75%’941< 56< )</ .<-37 87 748) 3! ,5 ///$5"9;3<$("+$78 3051 %)01 !!!*#.&$,004*&02(’0+-%$*)51"./0+$
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  • WORLD
    • Article, Illustration
      Lock icon Merkel calls for closer European integration
      730 14 Quick fix to euro crisis will be counter-productive, says chancellor Reuters [BERLIN] German Chancellor Angela Merkel yesterday rejected any quick solution to the eurozone’s deepening debt crisis as coun-ter-productive, saying Europe must instead pursue the “Herculean task” of closer political integration. Speaking to parliament
      Reuters; AP  -  730 words
    • Article
      Lock icon UK consumer banks can do simple hedging
      544 14 This applies to retail banking units protected by firewall Bloomberg [LONDON] Britain will allow the consumer units of banks operating in the UK to hedge currencies and some simple derivatives for small and mid-sized companies, softening the recommendations of the Independent Commission on
      Bloomberg  -  544 words
    • Article, Illustration
      Lock icon Cameron was not aware of editor’s role in phone hacking
      630 14 AP [LONDON] Prime Minister David Cameron yesterday defended his ill-fated decision to make disgraced tabloid editor Andy Coulson his communications director, even though Coulson had already been tarnished in the phone hacking scandal. In sworn testimony before a UK media
      AP  -  630 words
    • Article
      Lock icon Philippine tycoon Lucio Tan wins battle to keep fortune
      376 14 AFP [MANILA] Philippine billionaire Lucio Tan has won a decades-long legal battle to keep the fortune he built up during the dictatorship of Ferdinand Marcos, his lawyer said yesterday. An anti-graft court ruled on Wednesday that the government’s 1987 seizure of
      AFP  -  376 words
    • Article
      Lock icon Retail investors turn to Islamic capital-protected products
      661 14 Reuters [SYDNEY] Islamic capital-protect-ed products are starting to gain ground among retail investors in the Gulf, because of volatility in the equity markets and growing acceptance within the industry of how the products are created. Traditionally, capital-protect-ed products have been somewhat controversial among
      Reuters  -  661 words
    • Article
      Lock icon Thailand’s PTTEP to invest US$2.6b in S-E Asia
      690 16 Oil and gas explorer is on track to triple output to 900,000 bpd by 2020: CEO Reuters [BANGKOK] Thailand’s top oil and gas explorer, PTT Exploration and Production pcl (PTTEP), plans to invest US$2.6 billion in South-east Asia over the next five
      Reuters  -  690 words
    • Article, Illustration
      Lock icon Radical Greek leftist is no working class hero
      688 16 Reuters [ATHENS] Alexis Tsipras, the radical Greek leftist who wants to cancel a bailout deal keeping the country afloat if he wins elections on Sunday, is no working class hero. Born into a comfortable middle class family, Mr Tsipras has a post-gradu-ate
      Reuters; BLOOMBERG  -  688 words
    • Article
      Lock icon Nokia to cut as many as 10,000 jobs
      534 16 It will also close sites in bid to halt mounting losses Bloomberg [HELSINKI] Nokia Oyj plans to cut as many as 10,000 jobs and close facilities as chief executive officer Stephen Elop struggles to halt mounting losses and reverse plunging smartphone sales.
      Bloomberg  -  534 words
    • Article
      Lock icon Japan N-power plants restarting soon
      535 16 Prime Minister seen giving the final nod tomorrow AP [TOKYO] Japan moved closer yesterday to restarting nuclear reactors for the first time since last year’s earthquake and tsunami led to a nationwide shutdown after a mayor gave his support to a plan to bring two
      AP  -  535 words
    • Article, Illustration
      Lock icon JPMorgan CEO says sorry, defends bank
      843 17 He has a relatively easy time with lawmakers looking into trading loss AP [WASHINGTON] Jamie Dimon, the outspoken chief executive of JPMorgan Chase under scrutiny for a multi-billion-dollar trading loss at his firm, apologised for the mishap on Wednesday even as he mounted a
      AP  -  843 words
    • Article, Illustration
      Lock icon Australia steps up marine protection
      566 17 AFP [SYDNEY] Australia yesterday announced plans to create the world’s largest network of marine parks to protect ocean life, with limits placed on fishing and oil and gas exploration off the coast. The new reserves would cover 3.1 million square kilometres, or more than one-third
      AFP  -  566 words
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  • Page 16 Advertisements
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  • Page 17 Advertisements
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      Lock icon Page 17 Advertisements Column 1
      383 17 GOURME ADAN II i *s. i iOv VJi* V'vi V° V A CELEBRATION OF JAPANESE CULTURE FINE CUISINE 16 July 20 August 201 2 JCB cardmembers enjoy 20% discount on all Events and Taste Japan set menus Not a JCB Cardmember? Apply for the JOB JCB Platinum Card now at
      383 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon Know what’s the deal with offshore parties
      523 18 EDITORIAL INVESTORS suffered a rude shock with the collapse of New York-based MF Global last year. Their positions were frozen and closed out abruptly, and some of the funds had actually been routed to an overseas MF Global office which served as counterparty
      523 words
    • Article, Illustration
      Lock icon Even a willing Germany can’t rescue the eurozone
      776 18  -  THE BOTTOM LINE ROBERT SAMUELSON CAN Germany save Europe? It’s tempting to think so, and German Chancellor Angela Merkel has been cast as Europe’s Scrooge dispensing austerity and discouraging recovery. If Germany would only open its wallet, Europe’s instability and suffering would
      776 words
    • Article, Illustration
      Lock icon Eurozone solution lies in coordinated policy
      972 18  -  Risk of inaction or inappropriate action has reached enormous proportions By KEMAL DERVIS The writer, a former minister of economics in Turkey, administrator of the United Nations Development Programme, and vice-president of the World Bank, is currently vice-president and director at the Brookings Institution
      REUTERS  -  972 words
    • Article, Illustration
      Lock icon One continent, two systems
      1193 19  - One continent two systems Asia appears to be moving in two different directions led by China on the one hand, and by India on the other By SHAHID JAVED BURKI The writer, a former Pakistani finance minister and World Bank vice-president, is visiting senior research fellow at the Institute of
      AFP, REUTERS; REUTERS  -  1,193 words
    • Article, Illustration
      Lock icon India faces funding pressures
      987 19  -  YOGI AGGARWAL The writer is a Mumbai-based journalist who contributes regularly to BT THE Indian economy touched a tipping point when the latest quarterly figures showed that growth was down at a nine-year low of 5.3 per cent, taking the fiscal 2011-12 growth figure to 6.5
      BLOOMBERG  -  987 words
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  • AVIATION/SHIPPING
    • Article
      Lock icon Cargoes through Arctic route set for record year
      724 20 Northern Sea way saves vessels half the time over voyages via Suez Bloomberg [LONDON] Cargoes of dry-bulk commodities hauled through Arctic waters are set to rise to a record this year as shipping companies use the route to almost halve journey times
      Bloomberg  -  724 words
    • Article
      Lock icon More cold lay-up of ships likely, says broker
      260 20 Bloomberg [LONDON] Clarkson plc, the world’s largest shipbroker, said the number of mothballed iron ore-carrying capesize ships is poised to expand after Mitsui OSK Lines unveiled a plan to scrap and idle some of the vessels. Mitsui OSK, owner of the world’s
      Bloomberg  -  260 words
    • Article
      Lock icon Qantas embroiled in labour dispute with engineers
      302 20 Bloomberg [SYDNEY] Qantas Airways Ltd, Australia’s largest carrier, said engineers were taking industrial action by continuing to perform work that is no longer necessary. Some pre-flight checks to Boeing Co 737-800 and Airbus SAS A330 aircraft aren’t needed after the nation’s Civil Aviation
      Bloomberg  -  302 words
    • Article, Illustration
      Lock icon Mushrooming of Asia-Pac low-cost carriers expands air travel market
      1035 20 The boom reflects rapid growth of region’s economies NYT [SINGAPORE] The airline industry is suffering from the global economic turmoil. But people like Kelvin Mok, who just graduated from college in Hong Kong, are helping to ensure that in Asia, at
      NYT; ARTHUR LEE  -  1,035 words
    • Article
      Lock icon Fake distress calls a big problem for US Coast Guard
      810 20 NYT [NEW YORK] “We have 21 souls on board, 20 in the water,” a man can be heard saying in part of a radio call released by the Coast Guard on Tuesday. “I have three deceased on board, nine injured
      NYT  -  810 words
    • Article
      Lock icon TRANSPORT STOCKS
      252 20 SGX '000 Jun 14 S$ +/-Vol CH Offshore 0.42 -0.01 62 Chuan Hup Hldg 0.22 0.01 401 Cosco Corp 0.97 -0.03 4177 s$ First Ship Lea 0.17 unch 778 Freight Links 0.06 unch 181 Grand Banks 0.17 -0.02 4 Jaya Hold Ltd 0.55 0.02 60 K1Ventures 0.10 unch
      252 words
    • Article
      Lock icon The Business Times Shipping times
      3463 24 n BALISA SHIPPING TRADING PTE LTD 8 Shenton Way, #40-03A, Singapore *****1 Tel: 6345 5700 Fax: 6345 5227 Email: singapore@balisagp.com UEN NO. *****3249E UK CONTINENT SERVICE U.S.A. SERVICE Destination STXPO TBN Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Destination STXPO TBN Camden/New Orleans/Tampico Destination
      3,463 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      2489 21 Transaction date: Jun 14 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 Company Last Sale Vol Day Last Quote ('000) High Low Buyer Seller 123 92.5 AIMSAMPIReit 114 +0.5 878 114.5 114
      2,489 words
    • Article
      Lock icon SGX CATALIST
      186 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 Net M Cap High Low Company Sale (‘000) High Low Buyer Seller C'vr P/E Smil 1.5
      186 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      8166 22 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha FundCI 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 Mgt Asia Limited 1/ Asian Smaller Cos 1 1 5917/ China Opportunities 2
      8,166 words
    • Article
      Lock icon GLOBALQUOTE
      187 22 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 46 25.5 Genting HK US$ US32.5 -0.5 760 33 32 32 32.5 2140 Vol 201 168 TanChongInt HK188 186 4.3 3.7 6.3 3786.1 STOCK PRICES LEGEND: Straits
      187 words
    • Article
      Lock icon SGX ETF
      926 22 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 103 95.8 CIMB APAC Div 100US$ US96 95.3 95.6 10.1 1261 856 CIMBAsean40 100US$ US959 -2 0 959 959 952 961 150.4 ***** ***** DBXT AUD
      926 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon SGX FUTURES
      611 23 Jun 14 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT 8531.40 8592.17 8520.99 Sep12 8575.00 8605.00 8510.00 8560.00 ***** *****8 Dec12 8500.00 0 6424 MSCI TAIWAN INDEX FUTURES SPOT 252.40 253.39 251.53 Jun12 251.40 253.30 250.10 251.60 ***** *****2 Jul12 245.20 246.30 244.60 244.60 1443
      611 words
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      373 23 In local curr In S$ In US$ dy yr dy yr dy yr Jun 13 Index Change Change Change Change Change Change World Preliminary 845.3 0.0 1.9 -0.3 -0.4 0.3 1.0 EAFE Preliminary 671.0 0.0 -1.6 0.0 -4.8 0.6 -3.5 Europe Preliminary 999.2 -0.1 -2.7
      373 words
    • Article, Illustration
      Lock icon SMX MARKET UPDATE
      125 23 As on 13 June 2012 www.smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE VOL (in Lots) PRECIOUS METAL INDIA GOLD (E-GOLD) FUT AUG2012 536.75 533.15 538.70 142 CURRENCY EUR-USD FUT JUN2012 1.2601 1.2510 1.2592 1079 BASE METAL COPPER FUT JUL2012 7424 7345 7360 3968 COPPER FUT SEP2012 7382 7379
      125 words
    • Article
      Lock icon CHICAGO BOT
      107 23 Jun 13 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jul 12 1408.25 1435.00 1437.50 1404.75 Aug 12 1377.75 1401.25 1404.75 1372.00 Sep 12 1343.25 1364.00 1367.00 1337.50 Nov 12 1319.75 1337.00 1339.00 1310.00 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Jul 12 49.10
      107 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      76 23 CRUDE OIL PRODUCTS Jun 13 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 97.72 0.51 WTI (Near Mth) 82.37 -1.08 Dubai (1-Mth F) 94.97 0.21 Tapis blend 102.54 -0.65 Minas 103.44 -0.65 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 79.33 -0.78 Jet Kerosene 111.60 0.68 US$/barrel OpecOil Basket
      76 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      22 23 Jun 14 S$ Bid Offer 1-month 1.2813 1.2823 2-months 1.2812 1.2823 3-months 1.2809 1.2819 6-months 1.2793 1.2805 Source: OCBC
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    • Article
      Lock icon LONDON METALS
      64 23 Jun 13 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1925.75 1929.75 3 months 1964.00 1968.00 Copper, Grade A(US$/tonne) Cash 7376.00 7381.50 3 months 7390.00 7395.00 Lead(US$/tonne) Cash 1885.25 1881.25 3 months 1900.00 1895.50 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin(US$/tonne) Cash *****.00 *****.00 3 months *****.00
      64 words
    • Article
      Lock icon LIFFE
      80 23 Jun 13 COCOA (£/tonne) Close Prev High/Low Jul 12 1568 1552 1570/1548 Sep 12 1551 1538 1553/1531 Dec 12 1523 1514 1525/1501 Mar 13 1504 1495 1508/1482 COFFEE(US$/tonne) Close Prev High/Low Jul 12 2090 2062 2102/2055 Sep 12 2099 2070 2112/2061 Nov 12 2084 2059 2091/2046 Jan 13 2053
      80 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      1194 23 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 4 1 146 329 8.75 23 Conv Ratio Baker Technology Ltd W*****6 1 1 32 16 28.50 5 Price Best World Intl Ltd W*****5 0.6 1 30 75
      1,194 words
    • Article
      Lock icon INTERBANK CROSS RATES
      470 23 Jun 14 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.023 6.341 0.791 7.723 55.496 94.294 0.790 11.615 3.169 1.281 93.926 42.381 1.276 8.367 0.950 29.806 31.406 0.642 0.995 Canada 0.978 6.201
      470 words
    • Article
      Lock icon SIBOR
      54 23 Jun 14 (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$) 0.***** 3 mths 0.***** 0.***** SWAP Mid rates (S$) 0.***** SWAP Mid rates (S$) 1 yr 0.*****
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    • Article
      Lock icon PRECIOUS METALS
      134 23 Jun 14 GOLD(US$/oz) Jun 14 Jun 13 Hong Kong 1728.00 1618.00 Jun 13 Jun 13 Jun 12 London 1620.80 1609.45 1621.74 1610.25 Source: Thomson Reuters CAST BAR Jun 14 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 160 67 5gm 454 333 10gm
      134 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      86 23 Jun 14 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****W 13-Sep-12 0.27 1-Year BY*****T 02-May-13 0.27 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0H 0.25 01-Feb-14 100.17 100.21 100.20 5-Year N*****0Z 2.375 01-Apr-17 108.86 109.02 109.00
      86 words
    • Article
      Lock icon PALM OIL
      53 23 Jun 14 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Jun 12 2917.00 965 Jul 12 2916.0 2946.00 2916.0 2833.0 1560 9636 Aug 12 2913.0 2948.00 2915.0 2838.0 ***** ***** Sep 12 2922.0 2955.00 2922.0 2843.0 8179 *****
      53 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      154 23 Jun 14 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2751 1.2768 0.9952 0.9957 Canadian dollar 1.2473 1.2483 0.9734 0.9735 Euro 1.6119 1.6133 1.2580 1.2581 NZ dollar 0.9953 0.9967 0.7768 0.7773 Sterling pound 1.9851 1.9872 1.5493 1.5497
      154 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 23 As at 9am Jun 14 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.304 1.242 Can dollar 1.275 1.215 Euro 1.649 1.571 Sterling pound 2.026 1.949 NZ dollar 1.023 0.975 US dollar 1.303 1.253 Local dollars to 100 units of foreign
      121 words
    • Article
      Lock icon INTERBANK RATES
      154 23 Jun 14 $S Offer Bid 0vernight 0.03 0.01 1-month 3/8 1/4 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.01 US$ Offer Bid 7 days 0.24 0.14 1 month 0.40 0.20 2 months 0.45 0.25 3 months 0.55 0.35 6 months 0.85 0.65 9 months 1.00 0.80 12
      154 words
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  • Page 24 Advertisements
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      Lock icon Page 24 Advertisements Column 1
      37 24 Experienced ship maintenance services wanted. m 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 Times
      37 words
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  • Page 25 Advertisements
    • Advertisement
      Lock icon Page 25 Advertisements Column 1
      143 25 TO ADVERTISE IN The Business Times Shipping Times CALL JOE WONG I FREIGHT FORWARDER urgently needed by shippers i Can they find your services here in the Shipping Times? The Business Times TO ADVERTISE, CALL JOE WONG AT 9620 1327 I nt I IIVILJ Shipping times Publicise Your Del iver
      143 words
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  • Page 29 Miscellaneous
    • Miscellaneous
      Lock icon Page 29 Miscellaneous Column 1
      311 29 CRYPTIC CROSSWORD Across 1 No longer enough to show what others should do (7) 5 Flourishes, as spring comes in (7) 9 Work of monumental stupidity? (5) 10 Catching the eye, perhaps, and marrying (7,2) 11 The fisherman who does will be more pleased than the boatman (5,1,4) 12 Good
      311 words
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  • executive lifestyle
    • Article, Illustration
      Lock icon Kids’ books: No child’s play
      2007 30  -  Home-grown children’s books are growing as a genre, and CHRISTOPHER LIM talks to industry players to find out why CHRISTOPHER LIM A DECADE ago, one would have been hard-pressed to name many local children’s authors, but that’s changed significantly thanks to the ease of self-publishing,
      2,007 words
    • Article
      Lock icon Palette of sticking points
      494 30  -  OFF THE CUFF Jaime Ee IT’S been a rather pressing time for some Singaporeans of late. A sticker lady’s aesthetic statement-making career has been cruelly cut short by unappreciative art critics, aka the police. A couple of former civil service high-flyers are providing more explicit non-fiction
      494 words
    • PURSUITS
      • Article, Illustration
        Lock icon Drink well, not names
        1109 26  -  WINE By N K YONG I WAS rummaging through the cellar looking for a suitable white and came across this 19-year-old Australian Chardonnay, Lake’s Folly Chardonnay 1993. As an old Australian friend was coming to dinner it seemed highly appropriate for the occasion. Lake’s Folly was
        1,109 words
      • Article, Illustration
        Lock icon Tot spots for Dad
        790 26  -  CHRISTOPHER LIM recommends baby-friendly watering holes for fathers who want to park their strollers at the bar while grabbing a pint in between grocery runs, or while mum’s at the gym CHRISTOPHER LIM Brotzeit Discovery Walk at 313@Somerset 313 Orchard Road #01-27 Tel: 6834-4038 VivoCity, 1
        PHOTOS: BREWERKZ  -  790 words
      • AroundTown
        • Article
          Lock icon Art
          140 26 Focus on Singapore: Established gallery Art Forum continues to present the best of Singapore art in its latest exhibition. Works by renowned award-winning local artists like recipient of the prestigious UOB Painting of the Year award, Ang Yian San, will be on display. The exhibition is at Art Forum
          140 words
        • Article
          Lock icon Stage
          506 26 we ‘heart’ emma: Singapore theatre star Emma Yong (1975-2012) lit up the stage with her talent, charm, love, laughter, smile and voice. A brilliant performer, she continues to shine in the hearts of her friends and her fans. Join Emma’s friends as they reaffirm their enduring love for her
          506 words
        • Article, Illustration
          Lock icon Stage
          105 26 Soap The Show: Dazzling, daring and dangerous, Soap! The Show features acrobats performing in, on, and around bathtubs in a show that promises to leave the audience damp and breathless in admiration. The story is based on Marie the Clown who stumbles into this mysterious world and discovers an
          105 words
        • Article
          Lock icon Film
          77 26  -  Compiled by AARON JUSTIN TAN Combien Tu M'aimes?: Combien Tu M’aimes? is a French romantic comedy film about a prostitute, who is hired by an admirer who has just won the lottery, to be his around-the-clock wife. The movie is rated R21. Combien Tu M’aimes? is on at the
          77 words
    • BOOKS
      • Article, Illustration
        Lock icon Chabon’s home truths
        553 27  -  Dads, ditch the same old, same old this Father’s Day and opt for a good book instead. Executive Lifestyle picks six of the best reads PERSONAL ESSAYS By HELMIYUSOF WHAT was the first thought that struck you when you glanced at this newspaper space with its six
        HARPER BOOKS  -  553 words
      • Article, Illustration
        Lock icon Mash-up jaunt
        233 27  -  OFF-BEAT NOVEL By HELMI YUSOF I F you’re up for a quirky read, try Abraham Lincoln: Vampire Hunter. It’s what the literary crowd calls a “mash-up novel” the blending of different genres to result in something quite unique. Author Seth Grahame-Smith started the genre in 2009 when he
        TWENTIETH CENTURY FOX  -  233 words
      • Article, Illustration
        Lock icon Pan-handy men
        416 27  -  COOKING AT HOME By RACHEL LOI WHAT do journalist Mark Bittman, novelist Stephen King and chef Mario Batali have in common? They write. And they cook. In Man with a Pan, all three of them, along with almost 20 other fathers, tell tales of their wars with kitchens
        416 words
      • Article, Illustration
        Lock icon How to still have a social life
        300 27  -  NO TEARS PARENTING By CHRISTOPHER LIM ANY prospective father who plans on having nights out with his buddies during parenthood needs to read Gina Ford’s revised version of her most famous book, The New Contented Little Baby Book: The Secret to Calm and
        300 words
      • Article, Illustration
        Lock icon Lush car spreads
        389 27  -  COFFEE-TABLE TOME By RACHEL LOI A BOOK about the history of cars from the late 19th century till the present day, arranged in chronological order and labelled by country, may not excite everybody but car-loving fathers might appreciate a tome as obsessive as DK Publishing’s 2011 publication,
        389 words
      • Article, Illustration
        Lock icon Thoreau’s life guide
        446 27  -  CONTEMPLATIVE By AARON JUSTIN TAN RETAIL therapy often comes to a screeching halt with fatherhood, regardless of whether the expense at hand is diapers, textbooks or university fees. Dads may therefore find solace in Henry David Thoreau’s novel Walden, which, among other things, documents the writer’s attempt
        446 words
    • ARTS/MUSIC
      • Article, Illustration
        Lock icon Bright sparks in the dark
        519 28  -  By HELMIYUSOF WHEN one goes to a dance, shouldn’t one at least be able to see the dancers? Is that too much to ask for? In the case of the avant-garde Nacera Belaza Company from France, it is. The dance company makes it a point
        ANTONIN PONS  -  519 words
      • Article, Illustration
        Lock icon Property crunch redux
        795 28  -  Jean Tay’s acclaimed 2008 play about land scarcity and the painful impact of an en bloc sale on ordinary people is being revised, reshuffled and restaged, reportsHELMI YUSOF reportsHELMI reportsHELMI YUSOF BUKIT Brown cemetery. Outrage over the building of old folks’ homes. Demolition of Rochor Centre. COVs,
        PHOTOS: SIGHT LINES PROUCTIONS, FILE  -  795 words
      • Article, Illustration
        Lock icon Perri strikes a chord
        628 28  -  By RACHEL AU-YONG IN spite of channelling Karen Carpenter, Alanis Morissette and Feist, singer-songwriter Christina Perri remained very much her own artist as she owned the stage during her concert here last Friday. The 25-year-old’s honeyed voice and bouncing energy helped the crowd ignore the Kallang
        LUSHINGTON ENTERTAINMENTS  -  628 words
      • Article, Illustration
        Lock icon Mercury rising
        473 28  -  By AARON JUSTIN TAN PLAYING almost 150 times a year, One Night of Queen’s touring schedule is punishing, to say the least. The show pays tribute to classic English rock act Queen and is headlined by Gary Mullen, a Freddie Mercury impersonator and lifelong fan of the band’s
        PHOTOS: SANDS THEATRE  -  473 words
      • Article, Illustration
        Lock icon Going gaga over Glee
        569 28  -  CD REVIEWS By RACHEL LOI TURN on the radio, and listen for a while. Chances are, amid all the hip-hop and R&B, you will also hear We Are Young, a hit single by an American indie alternative rock band fun.. Part of the reason why a
        569 words
    • CINEMA
      • Article, Illustration
        Lock icon Delirious Dictator
        584 29  -  Sacha Baron Cohen outdoes himself once again with another politically incorrect character that will shock and nauseate you at the same time, writes DYLAN TAN writesDYLAN writesDYLAN TAN PART political satire and part slapstick comedy, Sacha Baron Cohen’s latest effort, The Dictator, straddles smart and stupid delicately on
        PHOTOS: PARAMOUNT PICTURES  -  584 words
      • Article, Illustration
        Lock icon The maul the merrier
        393 29  -  By DYLAN TAN PIRANHA 3DD, the sequel to the 2010 so-bad-it’s-good 3D remake of a cult 70s film, promises much fun in its cheeky title but ends up being a dead fish instead. Sinking faster than its mercifully brief 80-minute length, this one lacks the camp
        DIMENSION FILMS  -  393 words
      • Article, Illustration
        Lock icon Cliche-filled war flick
        565 29  -  By GEOFFREY EU WAR is hell and so is My Way, an overly long, excessively ambitious and heavily cliched World War II epic from Korean director Kang Je-kyu, who dishes out the melodrama and graphic violence in equal over-the-top doses and not to particularly interesting effect either.
        ENCORE  -  565 words
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