The Business Times, 13 July 2012

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Total Pages: 40
1 40 The Business Times
  • 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, July 13, 2012
    25 words
  • 482 1  -  IPO to make US$2b splash as analysts see upside despite the high pricing By PAULINE NG in Kuala Lumpur RIDING a wave of robust investor interest, Malaysia’s IHH Healthcare has priced its shares at RM2.80 the higher end of an indicative
    482 words
  • 593 1  -  No signs of QE3 on the horizon as policy meeting minutes keep analysts guessing By CONRAD TAN [SINGAPORE] The US economy is losing steam and Federal Reserve officials are prepared to act if things get worse but not just yet, the minutes
    REUTERS  -  593 words
  • MARKETS DIGEST
    • 110 1 HST INDEX 2,972.04 (-17.27) HST INDEX FUTURES 2,970 (-17) HSIMSCI 341.03 (-2.85) HSIMSCI FUTURES 341.30 (-2.50) us$ s$ US$ (S$ per US$) 1.270 (US$/S$ per 1.546 1.964 EURO (US$/S$/E) 1.222 1.552 Foreign currency per US$ S$ YEN 79.30 62.40 RM 3.190 2.512 HK$ 7.756 6.106 BAHT 31.80 25.04 RUPIAH
      110 words
    • 17 1 SINGAPORE 5.38 MALAYSIA 6.55 HONG KONG 5.00 INDONESIA 14.249 TAIWAN 5.036 JAPAN 1.475 Source: Bloomberg
      17 words
  • Page 1 Advertisements
    • 77 1 BOOKS Bounty off the beaten track PAGE 35 COMPANIES Viz Branz founder denies possible sale of his stake PAGE 5 PROPERTY Developers take innovative approach to office supply PAGE 10 Plot twist for Chinese cinema EXECUTIVE LIFESTYLE~PAGE 33 8 *****1 *****4 BREITLING BREITLING for BENTLEY SujnMloJav€ 24 a 2 BREI
      77 words
    • 34 1 ART Old Masters’ new home here PAGE 35 Oil, gold, Asia and the best investments in the world right now according to investment guru Jim Rogers. Read the detailed interview on BTInvest on www.btinvest.com.sg
      34 words

  • TOP STORIES
    • 592 2  -  Sharp fall in small car quotas due to low vehicle de-registrations By NISHA RAMCHANDANI [SINGAPORE] Certificate of entitlement (COE) premiums for small cars are expected to rise as the COE quota for cars 1,600cc and below will fall by 36.5 per cent
      592 words
    • 404 2  -  REUTERS BREAKINGVIEWS By WEI GU [HONG KONG] Chinese consumers were supposed to kick in when the country’s export machine slowed down. But results from some mainland branded g oo d s g rou p s f rom drinks-maker Master Kong to sneaker-producer
      404 words
    • 920 2 Bloomberg [BEIJING] China’s weakest growth in three years may pressure Premier Wen Jiabao to further ease the government’s crackdown on a property industry that accounts for more than a quarter of final demand. Gross domestic product expanded 7.7 per cent
      Bloomberg; BLOOMBERG  -  920 words
    • 581 2 American economy slows, Fed keeps hands in pockets THE US economy is losing steam and Federal Reserve officials are prepared to act if things get worse but not just yet, the minutes of its June policy meeting showed. Few Fed officials were prepared to support immediate action to
      581 words
    • 572 4  -  Analysts cite central bank easing and macroeconomic worries for rebound By KENNETH LIM [SINGAPORE] Gold could be heading for a sec-ond-half revival after a pedestrian second quarter as expectations of central bank easing and macroeconomic concerns draw investors back to the metal, analysts
      FILE PHOTO  -  572 words
    • 695 4  -  Country needs comprehensive economy, he says By MALMINDERJIT SINGH in New Delhi INDIA should build industrial parks to help plug the gap in infrastructure and avoid creating a bottleneck in foreign investment, said Prime Minister Lee Hsien Loong yesterday. Speaking on the last
      695 words
    • 394 4 AFP [HONG KONG] Hong Kong’s anti-corruption watchdog said yesterday that it had arrested a minister for allegedly abusing his housing allowances, plunging the new government into scandal. The Independent Commission Against Corruption (ICAC) said it had arrested four people including a minister and
      AFP  -  394 words
    • 468 4 Reuters [SHANGHAI] Apple Inc’s next-gen-eration iPhone has not even been released yet but opportunistic sellers on China’s largest e-commerce platform, Taobao, are already accepting pre-orders, complete with mock-up pictures and purported technical specifications. The hotly anticipated iPhone 5 is widely expected
      Reuters  -  468 words
  • Page 2 Advertisements
    • 216 2 mm m w m a m n s p° a SINGAPORE CHINA (NINGBO) IMPORT AND EXPORT FAIR 26 28 July, 2012 10am 7pm Suntec Singapore International Convention Exhibition Center (401 Hall) NSExpo201 2 Singapore China (Ningbo) Import and Export Fair is organised by Ningbo Foreign Trade Economic Cooperation Bureau, China.
      216 words

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    • 1717 4 MATS RECRUIT SUNLIGHT GROUP HLDG LTD (Incorporated in the Republic of Singapore under the Companies Act, Cap. 50) Company Registration No. *****6046G Notice of Thirteenth Annual General Meeting NOTICE IS HEREBY GIVEN that the Thirteenth Annual General Meeting of the Company will be held at 1 Third Chin Bee Road,
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    • 260 5 Your address with all the right connections. Enjoy a rare opportunity to own luxurious residences and lease high-end office spaces that offer you a world of unlimited connectivity. t^concoirse Designed by world-renowned architect Paul Rudolph Spacious offices up to 16,500 sq ft per floor Broadband enabled Prime location within the
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  • COMPANY NEWS
    • 720 5  -  This puts spotlight on his son, who is also a substantial shareholder By CAI HAOXIANG CONTROL over 24-year-old instant cereal and beverage maker Viz Branz could now move out of family hands because of still-unresolved differences between father and son. Chng
      Source: Bloomberg  -  720 words
    • 339 5  -  By KALPANA RASHIWALA CAPITALAND has sold its entire 20.75 per cent stake in Bursa-list-ed United Malayan Land Bhd (UML) for RM156.45 million (S$62.3 million). The stake had been acquired more than a decade ago by the former DBS Land, prior to its merger
      339 words
    • 480 5  -  Operator intends to keep dividend policy unchanged: chairman By LYNN KAN SMRT’S balancing act of devoting more resources to improving its rail operations while maintaining shareholder value continues. SMRT chairman Koh Yong Guan told shareholders at the group’s annual general meeting yesterday: “We do
      480 words
    • 409 6  -  America to stay as the largest market with US$1.4t of the US$2t total By KENNETH LIM THE global market for fixed-income exchange traded funds could grow more than six times over the next decade to more than US$2 trillion
      409 words
    • 316 6  -  By CARINE LEE YONGNAM Holdings has secured three contracts worth $63.8 million, comprising two Singaporebased structural steelworks contracts and one specialist civil engineering Hong Kong-based contract. The sub-contract packages for both the Singapore projects are for the supply, fabrication, surface-treat-ing, delivery and erection of
      316 words
    • 269 6  -  By JASMINE NG ST Aerospace has bagged a new contract worth US$80 million for the repair and maintenance of Malaysian low-cost airline AirAsia’s aircraft components. The deal is for 10 years and covers 75 Airbus 320 (A320) aircraft. Currently, ST Aerospace is already
      269 words
    • 225 6 Reuters [SINGAPORE] Freepoint Commodities, a trading firm set up by former Sempra head David Messer, said that it hired a trader from JP Morgan Chase to set up an office in Singapore in September. The Singapore office will complete a global expansion by the
      Reuters  -  225 words
    • 351 9  -  Net gain jumps to US$22.4m due to new unit despite fall in marine services By KENNETH LIM OFFSHORE contractor Ezra Holdings continued to reap the harvest of its subsea services acquisition, posting a trebling in earnings for its fiscal third quarter. Ezra’s net
      351 words
    • COMPANY BRIEFS
      • 35 9 THE Straits Trading Company has acquired a historic hotel in Melbourne for A$61 million (S$78.5 million). The property is currently leased and operated under the name Rendezvous Grand Hotel Melbourne.
        35 words
      • 45 9 SHAREHOLDERS of Frasers Commercial Trust yesterday approved the planned $360 million sale of KeyPoint to Bayfront Ventures. The proposed deal is still waiting for government approval to renew the lease on the land to a fresh 99-year term, Frasers said.
        45 words
      • 89 9 FAR East Organization has appointed Arthur Kiong as executive director and chief executive officer of its hospitality arm, with effect from July 15. He went from helming Far East’s hotel division in 2005 to his latest appointment as the chief executive officer of
        89 words
      • 84 9 SBI Offshore Limited will be receiving a total of 3.9 million yuan (S$777,740) from the compulsory acquisition of a portion of its land by Jiangyin Yuechen Town Authorities. The company has already received 10 per cent of the compensation for the 2,693.6 sq m acquired
        84 words
      • 80 9 STANDARD Chartered plc, the UK’s second-largest bank by market value, hired Patrick Lee as head of origination and client coverage for Singapore, said three people with knowledge of the matter. Mr Lee, who previously was Nomura Holdings Inc’s head of investment banking for South-east
        80 words
      • 41 9 LOYZ Energy has appointed Pang Kee Chai, financial controller of its Loyz Oil unit, to chief financial officer. The CFO duties had been overseen by managing director Gopal Pallipuram Srinivasan prior to the new appointment.
        41 words
    • 532 9 Reuters [NEW YORK] TMX Group Inc, the operator of the Toronto Stock Exchange, is in talks to buy US stock market operator Direct Edge Holdings LLC, sources familiar with the matter said on Wednesday. The deal hinges on TMX closing its own
      Reuters; REUTERS  -  532 words
    • 304 9  -  By TEO SI JIA PAN Hong Property Group has set its eyes on raising its profile in Huzhou city of China’s Zhejiang province, announcing yesterday the acquisition of a 30 per cent stake in a property development and property management services
      304 words

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    • 28 7 Principal Dimensions Max. Water Depth 10,000 ft Length 387 ft Beam 299 ft Drilling Depth 40,000 ft Accommodation 200 persons Classification ABS CSDU A1 AMS ACCU CPS DPS-2
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  • SINGAPORE MARKETS
    • 575 8  -  Low trading value of $1.03 billion points to churning and rotational punting STOCKS R SIVANITHY Senior Correspondent PENNY stocks continued their return to form yesterday when 2.7 billion units were traded, though the low dollar value of $1.03 billion excluding foreign currency stocks and
      Source: Bloomberg  -  575 words
    • 66 8 Jul 12 VALUE CLOSE BT OB/OS 584.00 -18.00 BT CADI -*****.00 -83.00 BT 10-day MA -*****.00 +58.00 FTSE ST Mid Cap 693.52 -2.80 FTSE ST Small Cap 459.82 -1.38 FTSE ST All Share 720.52 -3.87 FTSE ST China Top 205.22 -1.69 FTSE ST China 227.03 -1.66 FTSE
      66 words
    • 186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 4 10 2 0 0 0 4 10 2 Manufacturing 41 71 38 5 6 10 46 77 48 Commerce 17 23 20 5 3 4 22 26 24 Tpt/Stor/Comms 9 19 11
      186 words
    • 859 8  -  Compiled by JAMIE LEE Singapore Land Transport Maybank Kim Eng Research, July 12 THOSE who followed our recommendation in April for a long Com-fortDelGro-short SMRT pair trade would now be sitting on a pretty 10 per cent gain for a period of just three months. Our recommendation remains
      Source: Bloomberg  -  859 words
    • 123 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 21,850 21,850 65,823 65,823 Manufacturing 345,271 99,613 444,884 185,401 3,367 188,768 Commerce 880,664 12,772 893,436 163,292 843 164,135 Tpt/Stor/Comms 103,109 15,552 118,661 130,128 4,476 134,604 Finance 45,878 8,651 54,529 87,974 3,759 91,733 Construction 168,401 7,265
      123 words
    • 114 8 Stock name Close Change Stock name Close Change CapMallsAsia 1.630 -0.010 CapitaLand 2.920 -0.010 CapitaMall 1.945 -0.010 CityDev 11.140 -0.240 ComfortDelGro 1.605 -0.025 DBS Grp 14.120 -0.080 F&N 7.400 -0.050 GLP 2.150 -0.020 Genting SP 1.370 -0.015 Golden Agri 0.710 -0.010 HK Land 5.900 -0.010 JMH
      114 words
    • 478 8 Euro falls to 2-yr low vs on growth fears CURRENCIES Reuters [NEW YORK] The euro tumbled to a new two-year low against the dollar yesterday as concerns about global economic growth and lowered expectations of near-term US Federal Reserve action had investors wary of taking on risk. The traditional safe-haven
      Reuters; BLOOMBERG  -  478 words
    • 56 8 VOLUME GSH Corp 463,356,000 TT Intl 218,297,000 NexGenSCom 80,799,000 HLH Grp 78,711,000 *TanChongInt 60,804,000 Interra 55,413,000 Informatics 54,463,000 Golden Agri 44,398,000 Sakari 43,175,000 Genting SP 38,363,000 VALUE($) SingTel 66,915,374 Sakari 59,632,100 Genting SP 52,889,375 GSH Corp 44,355,476 Keppel Corp 43,148,984 Wilmar 33,213,510 Golden Agri 31,759,057 UOB 30,973,040
      56 words
    • 116 8 BY CENTS CLOSE UP DBXT iBoxxKR 5US$ ***** 600.7 3.7 DBXT iBoxxUSTr 5US$ ***** 290.8 1.1 JMH 5388 92.7 1.4 JSH 3237 54.6 1.3 DBXT FTVietnam 10US$ 2262 30.5 1.1 Asia Pac Brew 3450 29.0 0.8 OCBC Bk 4.5%NCPS 100 ***** 28.0 0.3 DBXT S&P Short 10US$ 3822 27.9
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    • 124 8 BY CENTS CLOSE DOWN DBXT Nifty 10US$ 9643 -243.8 -2.0 DBXT MSKorea 10US$ 5065 -208.3 -3.1 GLD 10US$ ***** -149.8 -0.8 IS DJ US Tech 6897 -134.6 -1.5 Jardine C&C 4730 -60.0 -1.3 DBXT MSTaiwan 10US$ 1603 -45.7 -2.2 DBXT MSJAP 10US$ 3508 -38.1 -0.8 DBXT FTChina25 10US$ 2435
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    • 5 8 DAILY
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  • Page 9 Advertisements
    • 146 9 ***** a*.Junk foods and red meats may contain high levels of trans and saturated fats which build up in your liver. Over time, it may weaken your liver functions. Health news from I LIVE WELL A n i I /8 J «p;; > r=0 Courses Available Now! GET CENTRE ws
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  • SINGAPORE NEWS
    • 685 10  -  Existing office buildings being redeveloped for other uses REDAS SEMINAR Reports by MICHELLE TAN DEVELOPERS are thinking of more “innovative” ways to deal with the growing supply of prime office space by redeveloping existing office buildings for other uses, said Craig Ward, Savills
      685 words
    • 526 10 Office Reits offer the greatest discount to NAV SINGAPORE-listed real estate investment trusts (Reits), especially those from the office and industrial (logistics) sector, are likely to remain in the good books of investors over the next few months. John Stinson, managing director of Cushman
      526 words
    • 411 10  -  By KENNETH FOO GOOGLE Inc and the Agency for Science Technology and Research (A*Star) top the list of employers most sought after by local students, according to a recent survey. The Internet search giant clinched top spot among both business
      411 words
    • 607 10  -  But many of those polled expect more cooling measures By FELDA CHAY PROPERTY prices will continue their upward climb, and the government will roll out more cooling measures these are the views of many of the 300 respondents to a Credit Suisse survey.
      607 words
    • 370 10  -  By APRIL CHYE SINGAPORE food manufacturers who are eyeing a slice of the functional food market can bank on financial support to help them offset the costs of research and development (R&D) in the field. This comes with the raising of a grant of $10,000,
      370 words
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    • 36 10 tmj $5 Million Great Singapore Sale Draw Fri, 20 lul 2012,0.30pm Visit www.singaporepools.com.sg for details. Ip Always play with care. [responsibiyf Do not bet illegally. RGB Reg No: *****0202G Towards Community Purpose and Benefit SINGAPORE POOLS
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  • ECONOMY WATCH
    • 912 11 Businesses already holding back on hiring and investments NYT [WASHINGTON] With the US economy slowing down in recent weeks, business leaders and policymakers are increasingly concerned that the tax increases and government spending cuts set to take effect at the end of the
      NYT; AFP  -  912 words
    • 390 11 Bloomberg [FRANKFURT] Germany’s industrial workforce is bracing for a global slowdown by mulling some measures last used during the financial crisis to save jobs, said Berthold Huber, chairman of Europe’s largest manufacturing union. “The experience from 2008 has taught us that an economy can slump
      Bloomberg  -  390 words
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  • MALAYSIA/INDONESIA
    • 560 12  -  The 7.6% expansion, against April’s 3.2%, comes on back of gains in mfg, mining By S JAYASANKARAN in Kuala Lumpur MALAYSIA’S industrial production expanded strongly in May, beating market expectations, giving the central bank room to maintain interest rates despite lingering worries
      NAZA GROUP  -  560 words
    • 250 12 Reuters [KUALA LUMPUR] Royal Bank of Scotland (RBS) is excluding its Indian units from the sale of some Asia-Pacific operations to Malaysia’s CIMB Group Holdings Bhd, Malaysia’s second-biggest lender said yesterday, citing unspecified legal obstacles. CIMB had said that it was buying some
      Reuters  -  250 words
    • 455 12 Reuters [JAKARTA] Bank Indonesia (BI) kept its policy rate unchanged for a fifth straight month as expected yesterday as it faces twin challenges of managing currency volatility and coping with falling exports amid the global slowdown. The central bank said it remained
      Reuters  -  455 words
  • Page 12 Advertisements
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  • GREATER CHINA
    • 739 13 To meet loans-to-deposit rule, they sell WMPs that mature in a quarter’s final days Reuters [HONG KONG] China’s banks are playing a game of cat-and-mouse with the Beijing authorities, win-dow-dressing deposit numbers at the end of each quarter to meet regulatory requirements
      Reuters; AP  -  739 words
    • 427 13 Bloomberg [BEIJING] China’s new yuan loans exceeded estimates last month, after the central bank cut interest rates for the first time in more than three years to spur demand. Banks extended 919.8 billion yuan (S$184.3 billion) of local-currency loans in June, the
      Bloomberg  -  427 words
    • 339 13 The platform will allow only physical trading: report Reuters [SHANGHAI] China will launch its first spot trading platform for rare earths on Aug 8, state media reported, in the country’s latest effort to improve price discovery and regulate the market better.
      Reuters  -  339 words
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  • GREATER CHINA/INDIA
    • 495 14 Package courier service pushing out big boys FedEx, UPS and DHL Reuters S HAN G HAI C h i n a s 35,000 express delivery companies can ship packages nearly a thousand kilometres for less than the cost of a standard US
      Reuters  -  495 words
    • 439 14 Reuters [MUMBAI] The MCX Stock Exchange (MCX-SX) has won approval from Indian regulators to start trading equity products, potentially shaking up domestic stock markets dominated by the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). The Securities and Exchange Board of India
      Reuters  -  439 words
    • 475 14 Bloomberg [MUMBAI] Indian industrial output rebounded in May from a contraction after the central bank cut interest rates earlier in the year to bolster a weakening economy. Production at factories, utilities and mines rose 2.4 per cent from a year earlier, after a revised
      Bloomberg  -  475 words
  • Page 14 Advertisements
    • 2157 14 Discover Greener Pastures Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Change of Address Notices WATS NOTICES INFINIO GROUP LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****1660M) NOTICE OF ANNUAL GENERAL MEETNG NOTICE IS HEREBY GIVEN THAT the Annual General Meeting of Infinio Group Limited
      2,157 words
    • 463 14 In the Matter of The Companies Act, Cap. 50 And In the Matter of SYNERGY ENGINEERING PTE LTD (IN LIQUIDATION) (Co. Reg. No. *****1936H) COMPANIES WINDING UP NO. 96 OF 2011/N NOTICE OF MEETING OF CREDITORS Take notice that a meeting of creditors in the above matter will be held
      463 words

  • WORLD
    • 492 15 Bloomberg [SYDNEY] Australian employers unexpectedly reduced payrolls in June and the jobless rate rose, increasing speculation of a fifth interest-rate cut by the central bank in nine months as Europe’s clouded outlook restrains global growth. The number of people employed fell by 27,000,
      Bloomberg  -  492 words
    • 488 15 Carmaker’s move sparks union anger; shares in firm rise AFP [PARIS] French carmaker PSA Peugeot Citroen shocked France yesterday with an announcement that it will cut 8,000 jobs, sparking union anger and underlining the country’s competitiveness problems. Unions slammed the announcement as
      AFP  -  488 words
    • 555 15  -  ADB says slow euro, US growth weighing on developing Asia’s growth prospects By ANTHONY ROWLEY in Tokyo SOUTH Korea yesterday became the third of a trio of Asian countries that have cut interest rates in recent weeks as the impact of the
      AFP  -  555 words
    • 1169 16 His situation is a reflection of what is going on in country as a whole, says analyst Bloomberg [SAO PAULO] When Eike Batista pitched investors on US$6 billion in stock offerings over the past six years, he was selling more than his personal
      Bloomberg; REUTERS  -  1,169 words
    • 806 17 Bond yields decline to records; BOA cuts earnings forecasts for S&P 500 firms Bloomberg [LONDON] Stocks around the world dropped for a seventh day, extending the longest losing streak since November, on concern the economic recovery is faltering. The euro weakened to
      Bloomberg; AP  -  806 words
    • 347 17 Bloomberg [NEW YORK] Warren Buffett, the billionaire chairman of Berkshire Hathaway Inc, told CNBC that economic growth in the US is slowing even as the housing market shows signs of rebounding. “The general economy in the United States has been more-or-less flat, and so
      Bloomberg  -  347 words
    • 367 17 AP [MANILA] The Asian Development Bank cut growth forecast for developing Asia yesterday, citing Europe’s worsening financial crisis, sluggish recovery in the US and slower growth in China and India. The Manila-based lending institution predicted that the region’s economies will expand by 6.6
      AP  -  367 words
    • 513 17 Reuters [CASABLANCA, Morocco] Banks slashed the amount of money that they parked at the European Central Bank (ECB) after it stopped paying interest on overnight deposits on Wednesday, but there was no sign that they were using it to lend more or buy the bonds
      Reuters  -  513 words
    • 966 18 They now see online outlets as a rich new vein for viewers, not a threat Bloomberg [LOS ANGELES] Media moguls gathered at the annual Allen Co conference have spent recent years contemplating how to cope with technology companies drawing audiences away from television and movies.
      Bloomberg  -  966 words
    • 940 20 They depend more on Mid-East clients as US, Europe clients pull out funds Bloomberg [GENEVA] Geneva’s bankers, who forged the biggest offshore hub for the Middle East super-rich after Saudi Arabia’s King Fahd built a summer palace in the city 35 years
      Bloomberg; REUTERS  -  940 words
    • 379 20 Reuters [LONDON] Preparations for the London Olympics have put Britain’s intelligence agencies under significant pressure, as the country stages its largest-ever peacetime security operation, British lawmakers said yesterday. In its annual review, Parliament’s Intelligence and Security Committee said Al-Qaeda and its affiliated groups,
      Reuters  -  379 words
    • 411 22 Developer offers firms more lucrative terms than Macau and Singapore Reuters [HONG KONG] A Russian territory hoping to lure global casino titans to set up large-scale resorts has unveiled initial guidelines that offer companies more lucrative terms than Macau and Singapore, intensifying the
      Reuters  -  411 words
    • 333 22 AFP [WARSAW] Wonder what it was like to queue for hours for toilet paper or butter in communist-era Poland? Now you can experience the “boredom” thanks to a foreign-lan-guage version of a hit Polish history-in-a-box board game. The new multilingual, Monopoly-style “Kolejka” or “Queue”
      AFP  -  333 words
    • 1116 24 Black market for contraband cigarettes expands, robbing EU of valuable tax revenue NYT [LONDON] When the Sophie Maersk docked at the British port of Felixstowe, the ship carried two 40-foot containers brimming with what had been billed as toys and stuffed turtles. But the cargo
      NYT; FILE PHOTO  -  1,116 words
    • 671 24 Reuters [LONDON] Top Barclays Plc shareholders fear that regulators will rush through the appointment of a new chief of the scandal-struck bank and not take the time to search for an outsider to bring about a root-and-branch culture change. The bank
      Reuters; BLOOMBERG  -  671 words
    • 443 24 Reuters [NEW YORK] Bank of America Corp (BOA) has been cutting jobs in its commercial banking unit in recent weeks even as it tries to boost the group’s business, people familiar with the situation said, reflecting the bank’s broader struggles to grow in
      Reuters  -  443 words
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    • 1331 16 GOOD CORPORATE GOVERNANCE Create greater transparency for your company by advertising your financial results in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. BROTHERS (HOLDINGS) LIMITED Company Registration No. *****0550E (Incorporated in the Republic of Singapore) Notice of the Fifteenth Annual General Meeting NOTICE IS HEREBY GIVEN THAT the
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      158 words

  • Page 18 Advertisements
    • 1592 18 WATS RECRUIT Toll free 1800-289-8822 Email recruit@sph.com.sg www.cats.com.sg/recruit flscher-tech FISCHER TECH LTD Company Registration Number: *****4532R (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING AND NOTICE OF BOOKS CLOSURE DATE NOTICE IS HEREBY GIVEN that the Annual General Meeting of Fischer Tech Ltd (the "Company") will be
      1,592 words
    • 1155 18 Sinroy —iss SUNRAY HOLDINGS LIMITED (Incorporated in Bermuda with limited liability) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Sunray Holdings Limited (“the Company") will be held at RelUnion, Level 2, Hotel Re! Pearl’s Hill, 175A Chin Swee Road, Singapore *****9 on Monday,
      1,155 words
    • 195 18 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF HOPU SERVICES (SINGAPORE) PTE. LTD. (Registration No. *****1237G) (In Member’s Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Cap. 50 that the Final Meeting of
      195 words

  • Page 19 Advertisements
    • 1320 19 GOURME P ADAN Y II S I lOv <7)1* SSvJKy A CELEBRATION OF JAPANESE CULTURE FINE CUISINE 16 July 20 August 2012 Suntory Whisky Flight Experience 1 8 Jul 6.30pm The Gallery, Grand Hyatt Singapore SOLD OUT f K" J A f Omakase Wine Dinner with Coldstream Hills 25 Jul
      1,320 words

  • Page 20 Advertisements
    • 8 20 GSAra RECRUIT Toll free 1800-289-8822 Email recruit@sph.com.sg www.cats.com.sg/recruit ]{`@*>},&&[>!%*~-`.%?+<>%[^$!?-
      8 words
    • 1220 20 CRH LTD. (Company Registration No. *****4583E) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting “AGM") of CRH Ltd. (the “Company”) will be held at 8 First Lok Yang Road, Singapore *****1 on Monday, 30 July 2012 at 9.00
      1,220 words

  • Page 21 Advertisements
    • 2571 21 MATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices EASTERN HOLDINGS LTD (Incorporated in the Republic of Singapore) (Company Registration No. *****5390C) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of EASTERN HOLDINGS LTD. (the “Company”) will be held at the Boardroom of Eastern Holdings
      2,571 words
    • 2110 21 m PAN MONO PROPERTY GROUP PAN HONG PROPERTY GROUP LIMITED (Incorporated in Bermuda on 20 December 2005) (Registration No.: *****) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Pan Hong Property Group Limited (the “Company”) will be held at Indiana Room, Raffles City
      2,110 words

  • Page 22 Advertisements
    • 2618 22 >® < BEATS RECRUIT Toll free 1800-289-8822 Email recruit@sph.com.sg www.cats.com.sg/recruit BOUSTEAD SINGAPORE LIMITED (Incorporated in Singapore) (Company Registration Number: *****1036K) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the members of Boustead Singapore Limited (the “Company”) will be held on Monday, 30 July
      2,618 words

  • Page 23 Advertisements
    • 979 23 BOTH NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF ICONIC HOLDINGS LIMITED Company Registration No. *****4837M (Members’ Voluntary Liquidation) At an Extraordinary General Meeting of the Members of ICONIC HOLDINGS LIMITED, duly convened and held on 6
      979 words
    • 590 23 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF KU HOLDINGS PTE. LTD. COMPANY REG. NO. *****0887W (IN MEMBERS’ VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of the Company which was carried out by way of written resolutions passed in accordance with Section 184A of
      590 words
    • 1385 23 Jasper Investments Limited (Incorporated in the Republic of Singapore) (Co. Reg. No. *****0983H) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Company will be held at CV Vivocity, 1 HarbourFront Walk, #02-30 Vivocity, Singapore *****5 on Monday, 30 July 2012 at 10.00
      1,385 words
    • 1391 23 Jasper Investments Limited (Incorporated in the Republic oFSingapore) (Co. Reg. No. *****098BH) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 25 th Annual General Meeting of the Company will be held at GV Vivocity 1 HarbourFront Walk #02-30 Vivocity Singapore *****5 on Monday, 30 July 2012 at
      1,391 words

  • Page 24 Advertisements
    • 1409 24 [GATS RECRUIT HIAP SENG ENGINEERING LTD (Incorporated in the Republic of Singapore) (Company Registration No. *****0300Z) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Hiap Seng Engineering Ltd (the “Company”) will be held at Conference Room, 28 Tuas Crescent, Singapore *****9 on Monday,
      1,409 words

  • AVIATION/SHIPPING
    • 534 25  -  Use of mass flow metering system minimises disputes over quantity By LYNN KAN [SINGAPORE] A bunker transfer between an Exxon-Mobil-chartered bunker tanker MT Emissary and containership Kota Layang yesterday marked a new chapter in bunker fuel transparency in Singapore, the world’s top bunkering port. The
      MPA  -  534 words
    • 447 25 Bloomberg [FARNBOROUGH, England] Airbus SAS abandoned a target of selling 30 A380 superjumbo jets this year, as airlines opt for smaller, less-expensive airliners in an economic slump. “The big aircraft market has been slowing down,” Airbus sales chief John Leahy said in an
      Bloomberg  -  447 words
    • 581 25 Airbus lags with deals of US$4.4b, also with lessors Bloomberg [FARNBOROUGH, England] Jet-leasing companies are delivering a US$19.7 billion windfall for Boeing Co at the Farnborough air show even as airlines keep their checkbooks closed. Orders and commitments from buyers ranging
      Bloomberg  -  581 words
    • 405 25 Bloomberg [SHANGHAI] Scrap prices for dry-bulk ships have plunged 13 per cent in the past year as oversupply and unprofitable charter rates prompt owners to demolish vessels at a record pace. Shipbreakers paid about US$425 a ton for commodity carriers last month, compared
      Bloomberg  -  405 words
    • 257 25 SGX '000 Jul 12 S$ +/-Vol CH Offshore 0.41 -0.02 565 Chuan Hup Hldg 0.23 unch 62 Cosco Corp 1.01 -0.03 3889 Jul 12 s$ First Ship Lea 0.17 unch 917 Freight Links 0.07 unch 4517 Grand Banks unch unch 0 Jaya Hold Ltd 0.57 -0.01 4 K1Ventures
      257 words
    • 407 25 Bloomberg [FARNBOROUGH, England] Mitsubishi Aircraft Corp won an agreement to sell 100 regional planes to US commuter carrier SkyWest Inc in an endorsement of Japan’s first passenger jet at the expense of Canada’s Bombardier Inc. Deliveries of the planes, which
      Bloomberg; BLOOMBERG  -  407 words
    • 414 25 China in talks over terms, Japan moves to resume imports Reuters [BEIJING] Iran is shipping oil to China, its top buyer, despite a row over freight terms, and Japan has taken steps to resume imports in August as Tehran finds ways to
      Reuters  -  414 words
    • 3483 28 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 STXPO TBN
      3,483 words

  • EDITORIAL & OPINION
    • 503 26 EDITORIAL THE past few years have been an uphill climb for the financial advisory sector. Volatile and sliding markets have shrunk assets under advisory and portfolio fees. As revenues fell, costs have stayed steady or even risen as competition for qualified advisers intensifies, putting
      503 words
    • 750 26  -  THE BOTTOM LINE ROBERT SAMUELSON The Washington Post Writers Group WONDERING why the US government can’t restart the sluggish economy? Well, one reason is that we are still paying the price for the greatest blunder in domestic policy since World War
      The Washington Post Writers Group  -  750 words
    • 1037 26  -  Except for China corporations, TNCs’ large cash hoards aren’t being deployed for FDI ANTHONY ROWLEY Tokyo Correspondent AS WITH world trade, foreign direct investment (FDI) by big (and not so big) business corporations appears to be under a cloud as the eurozone crisis
      AFP  -  1,037 words
    • 1111 27  -  The eventual outcome of the IASB-FASB convergence project, which is still ongoing, is very relevant to S’pore’s economy By MARK BILLINGTON The writer is the regional director, ICAEW South East Asia EARLIER this year, Singapore’s Accounting Standards Council (ASC) decided to delay its planned completion
      REUTERS  -  1,111 words
    • 987 27  -  REUTERS BREAKINGVIEWS By HUGO YOUNG WAS Bob Diamond really irreplaceable? Barclays’ board operated for 15 years on the assumption that he was. As a result, the UK bank’s chief executive became more powerful and ever harder to replace. Now that he has
      AFP  -  987 words


  • Page 28 Advertisements
    • 37 28 Experienced shfp maintenance services wanted. in°i* 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

  • Page 29 Advertisements
    • 110 29 TO ADVERTISE IN __The Business Times Shipping Times CALL JOE WONG FREIGHT FORWARDER urgently needed by shippers TO ADVERTISE, CALL JOE WONG AT 9620 1327 Celebrate Your Project Completion' Can they find your services here in the Shipping Times? A Come publicise your Project Completion, Ship Christenings Delivery of Newbuilds,
      110 words

  • SINGAPORE STOCKS
    • 3069 30 Transaction date: Jul 12 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 127 92.5 AIMSAMPIReit 127 unch 86 127 126 126 127 6.6 12.2
      3,069 words
    • 207 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 4.6 1.3 t Advanced System 2 +0.1 ***** 2.1 1.9 1.9 2 26.5 Last Quote Div Gr Yld Net M Cap High
      207 words
    • 8131 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 0.95/ Aberdeen Asset Mgt Asia Limited Asian Local Ccy SD Bond 0.9894/ 1 6266/ EM
      8,131 words
    • 191 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 $mil 46 25.5 Genting HK US$ US32 unch 2324 32 31 31 32 2107 220 168 TanChongInt HK205 +10 ***** 207 203 201 205 4.3 3.4 6.9 4128.5
      191 words
    • 956 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 $mil 130 113 ABF SG Bond ETF 123 -1.9 5 123 123 123.5 561.5 122.4 122.2 CIMB APAC Div 100S$D 122.2 126 126.9 103 95.8 CIMB APAC
      956 words


  • FINANCE & COMMODITIES
    • 620 32 Jul 12 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT 8859.39 8862.80 8709.75 Sep12 8835.00 8880.00 8695.00 8705.00 ***** *****6 Dec12 8790.00 8790.00 8655.00 8645.00 31 9039 MSCI TAIWAN INDEX FUTURES SPOT 256.50 256.50 251.72 Jul12 254.10 254.40 249.20 249.60 ***** *****1 Aug12 251.30 251.30
      620 words
    • 141 32 As on 11 July 2012 www.smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE VOL (in Lots) PRECIOUS METAL GOLD FUT AUG2012 1583.00 1570.00 1575.40 596 INDIA GOLD (E-GOLD) FUT AUG2012 529.10 525.05 526.30 1026 GOLD FUT OCT2012 1582.10 1579.20 1577.80 6 CURRENCY EUR-USD FUT SEP2012 1.2306 1.2239 1.2232 1286
      141 words
    • 107 32 Jul 11 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jul 12 1623.00 1648.75 1679.50 1605.25 Aug 12 1571.50 1590.50 1625.00 1553.00 Sep 12 1540.75 1557.75 1593.25 1521.50 Nov 12 1522.50 1538.50 1575.00 1505.25 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Jul 12 53.62
      107 words
    • 70 32 CRUDE OIL PRODUCTS Jul 11 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 98.91 0.18 WTI (Near Mth) 86.11 2.12 Dubai (1-Mth F) 96.08 -0.04 Tapis blend 101.74 -0.61 Minas 102.34 -0.61 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 89.44 1.00 Jet Kerosene 114.71 0.52 US$/barrel OpecOil Basket
      70 words
    • 22 32 Jul 12 S$ Bid Offer 1-month 1.2699 1.2704 2-months 1.2698 1.2704 3-months 1.2696 1.2702 6-months 1.2686 1.2692 Source: OCBC
      22 words
    • 64 32 Jul 11 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1867.00 1878.50 3 months 1901.00 1912.00 Copper, Grade A(US$/tonne) Cash 7548.00 7491.00 3 months 7540.00 7490.00 Lead(US$/tonne) Cash 1855.75 1859.75 3 months 1868.00 1874.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin(US$/tonne) Cash *****.00 *****.00 3 months *****.00
      64 words
    • 373 32 In local curr In S$ In US$ dy yr dy yr dy yr Jul 11 Index Change Change Change Change Change Change World Preliminary 864.8 0.0 4.2 -0.4 0.4 0.0 3.0 EAFE Preliminary 697.6 -0.1 2.3 -0.4 -3.1 0.0 -0.5 Europe Preliminary 1041.7 -0.1 1.5
      373 words
    • 80 32 Jul 11 COCOA (£/tonne) Close Prev High/Low Jul 12 1607 1616 1623/1596 Sep 12 1596 1608 1619/1582 Dec 12 1579 1590 1600/1566 Mar 13 1555 1565 1573/1542 COFFEE(US$/tonne) Close Prev High/Low Jul 12 2020 2012 2032/2002 Sep 12 2021 2013 2045/1990 Nov 12 2032 2024 2057/2001 Jan 13 2023
      80 words
    • 1227 32 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 4 1 146 384 7.75 22 Conv Ratio Baker Technology Ltd W*****6 0.8 1 32 8 38.13 4 BakerTech W*****5 5.8 unch 846 1 27 8 5.26 35
      1,227 words
    • 470 32 Jul 12 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.038 6.471 0.831 7.876 56.586 96.214 0.805 11.713 3.239 1.286 95.762 42.720 1.290 8.459 0.998 30.465 32.291 0.657 1.015 Canada 0.963 6.235
      470 words
    • 58 32 Jul 12 (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$) 1 yr 0.*****
      58 words
    • 134 32 Jul 12 GOLD(US$/oz) Jul 12 Jul 11 Hong Kong 1578.00 1588.00 Julll Jul 11 Jul 10 London 1574.30 1584.59 1575.05 1585.81 Source: Thomson Reuters CAST BAR Jul 12 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 154 64 5gm 438 321 10gm 782
      134 words
    • 94 32 Jul 12 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****E 11-Oct-12 0.26 6-Month BS*****F 10-Jan-13 0.26 1-Year BY*****T 02-May-13 0.25 0.2 0.2 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0H 0.25 01-Feb-14 100.14 100.18 100.18 5-Year
      94 words
    • 57 32 Jul 12 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Jul 12 3009.0 3053.0 3010.0 3005.0 27 1645 Aug 12 3030.0 3069.0 3030.0 2990.0 1927 ***** Sep 12 3040.0 3082.0 3041.0 2995.0 ***** ***** Oct 12 3054.0 3087.0
      57 words
    • 155 32 Jul 12 US$ Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2889 1.2906 1.0150 1.0159 Canadian dollar 1.2421 1.2433 0.9787 0.9781 Euro 1.5512 1.5522 1.2215 1.2218 NZ dollar 1.0017 1.0035 0.7888 0.7899 Sterling pound 1.9633 1.9644 1.5460
      155 words
    • 121 32 As at 9am Jul 12 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.325 1.262 Can dollar 1.268 1.208 Euro 1.582 1.507 Sterling pound 1.996 1.920 NZ dollar 1.033 0.984 US dollar 1.283 1.234 Local dollars to 100 units of foreign
      121 words
    • 154 32 Jul 12 $S Offer Bid 0vernight 0.02 0.01 1-month 3/8 1/4 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.01 US$ Offer Bid 7 days 0.25 0.15 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

  • executive lifestyle
    • 1606 33  -  China has surpassed Japan as the world’s second-largest box office, but outside of the frenetic mainland, the rise of Chinese films has not translated into big business here, reports DYLAN TAN reportsDYLAN reportsDYLAN TAN THE Hollywood summer blockbuster season comes but once a year but
      PHOTO-ILLUSTRATION: HYRIE RAHMAT  -  1,606 words
  • Page 33 Advertisements

  • CINEMA/MUSIC
    • 633 34  -  By DYLAN TAN IT’S never too early for awards season, especially when an unexpected contender arrives in the form of Bernie a little indie gem that shines in the midst of Hollywood’s blockbuster summer. Director Richard Linklater gives the Coen Brothers a run for their money with this
      MILLENNIUM ENTERTAINMENT  -  633 words
    • 806 34  -  CD REVIEWS By CHRISTOPHER LIM They Call Me ShiGGa ShiGGa Shay Aging Youth Rating: A- HIP-HOP is a genre that’s translated well across cultures, which is understandable because of its youth appeal but also unusual because its vocabulary is so distinctively American that it’s hard to
      PHOTOS: MUHAMMAD HISYAM OSMAN  -  806 words
    • 497 34  -  Ice Age 4’s long-running gag should have been put on ice aeons ago, writesGEOFFREY GEOFFREY EU THE latest instalment of the Ice Age compu-ter-animated series, which charts the frenetically goofy adventures of a mixed bunch of Paleolithic Age mammals who have a slightly more modern
      497 words
  • Page 34 Advertisements

  • ARTS/BOOKS
    • 551 35  -  A dedicated gallery that opens later this year for rare European works of art of 12th-to-18th century artists is a first in Singapore, reportsHELMI YUSOF reportsHELMI reportsHELMI YUSOF FOR the first time, art collectors will be able to buy rare European Old Masters paintings from
      PHOTOS: H&M GROUP  -  551 words
    • 731 35  -  By HELMIYUSOF AFTER years of living next to each other, you would think you know your neighbour. But really, you don’t. Sharon Cheah’s travelogue Malaysia Bagus: Travels Through My Homeland proves once and again that the Malaysia you read about in newspapers is just a
      YEN MENG JIIN  -  731 words
    • 370 35  -  BOOK REVIEW By HELMIYUSOF IN one chapter of Malaysia Bagus: Travels Through My Homeland, journalist Sharon Cheah attempts to retrace the river route taken by legendary British adventurer Isabella Bird in 1883 along the Linggi River in Negeri Sembilan. Cheah writes vividly: “Dusk is falling, but
      370 words
    • 454 35  -  By HELMIYUSOF THE two-door Bug is getting its own local book, in conjunction with this week’s launch of Volkwagen’s 2012 Beetle. Singapore writer Eli Solomon, 48, has penned a 108-page hardcover book about the history of the Volkswagen Beetle in Singapore. Titled Loving The Beetle:
      PHOTOS: LOVING THE BEETLE: STORIES OF SINGAPORE BEETLE OWNERS  -  454 words

  • ARTS
    • 834 36  -  Filipina Geraldine Javier crafts pulp into tableaus of life and death. By CHEAH UI-HOON FILIPINO artist Geraldine Javier trained to be a nurse but never became one still, her fixation with life and death continues to influence her work now. While it could have been what drew
      PHOTOS: SINGAPORE TYLER PRINT INSTITUTE  -  834 words
    • AroundTown
      • Article, Illustration
        107 36 ‘Namesake’ by Artists: ClogTwo, The Pigologist and OneTwoDelta: Three artists ClogTwo, The Pigologist and OneTwoDelta will turn their artistic talents on themselves as they interpret their respective monikers visually. Although they hail from diverse backgrounds and represent distinct styles, they are united in their illustration skills, which promise a
        107 words
      • 87 36 Displaced: Scenes of the aftermath of the Indonesian tsunami one year later, images from Palestinian refugee camps in Lebanon, and photos of homeless Cambodian drug addicts will be presented in this self-funded exhibition by photojournalist Zann Huizhen Huang. Huang hopes to cast a spotlight on these displaced people by
        87 words
      • 361 36 A Brown Bear, a Moon, and a Caterpillar Treasured Stories by Eric Carle: Eric Carle’s a veteran children’s author, and ACT 3 International will interpret three of his most beloved tales The Very Hungry Caterpillar, Brown Bear, Brown Bear, What Do You See? and Papa, Please Get the Moon
        361 words
    • 832 36  -  By CHEAH UI-HOON IN commemorating the 10th anniversary of Singapore playwright Kuo Pao Kun’s death, and re-staging one of his renowned plays, Lao Jiu, for the second time, the question that the Theatre Practice group will be throwing up is how relevant is Kuo’s work in present-day
      THEATRE PRACTICE  -  832 words
    • 358 36  -  By AARON JUSTIN TAN THE Xinyao movement of the 1980s and 1990s pioneered by Liang Wen Fu may be on the wane, but the Singapore Lyric Opera believes there is hope yet in the next generation of youth in Singapore. Hence the upcoming concert
      NG YOUNG WEI RYAN  -  358 words

  • ENTERTAINMENT
    • 525 37  -  By CHRISTOPHER LIM GAMING on touchscreen gadgets is as much about the tactile experience as it is about efficient controls, so it’s great to see developer Sunside’s mastery of the touchscreen idiom in its first game, Crow. It’s a fantasy action-adven-ture game, but instead of playing a mythical
      525 words
    • 495 37  -  The wrong Annie ruined an otherwise polished production, reviewsHELMI HELMI YUSOF ANNIE is a spunky 11-year-old redhead orphan who’s supposedly very hard to dislike. According to the story, she’s cute, streetsmart, irrepressibly optimistic and capable of bringing a smile to just about everyone she meets including homeless folk,
      PHOTOS: LUNCHBOX THEATRICAL PRODUCTIONS  -  495 words
    • 501 37  -  By AARON JUSTIN TAN LAUGHTER might be the best medicine in small doses but definitely not over a two-hour sitting. Such was the case at the opening night of the Melbourne International Comedy Festival Roadshow 2012, where a puppet triumphed over its human colleagues
      PHOTOS: MELBOURNE INTERNATIONAL COMEDY FESTIVAL  -  501 words
    • 982 38  -  The few storied architectural gems of the British Raj come under seige as Myanmar races towards development, reportsDANIEL DANIEL ROOK AFP FROM a teak clubhouse where British officers once sipped gin to an old English department store dubbed the “Harrods of the East” the
      AFP  -  982 words
  • Page 37 Miscellaneous
    • 294 37 CRYPTIC CROSSWORD Across 1 Tree yielding fir cone (7) 5 Sea-mist represented by painter (7) 9 Practice gives us time (5) 10 After study I will have fireplace to blacken (9) 11 Underwriter? (10) 12 Too wrapped up in local society (4) 14 Routine arrangements for trippers (12) 18 Insured
      294 words

  • Page 38 Advertisements
    • 281 38 iHimaMiS III si; iliivBinilfiPKiriii ki; MIK variKIIKIlirllli* i; i in ih; < i iiarir* < Mill raVallllll i Bt: I Kfli •i; S\.t iKN»i m; huh; man Are you looking ii; < ir< iiimri h• ii; HO for these jobs? Ili Come on down to ST lobs first career fair
      281 words

  • WINE
    • 1234 39  -  There are excellent options for the wine lover-in-the-street which offer great value without the spiralling price tags, writes N K YONG writesN writesN K YONG A GOOD friend of mine phoned around lunchtime two to three days ago excitedly telling me how good
      1,234 words
  • Page 39 Advertisements
    • 80 39 LES AMIS DU Credit Suisse li V. ”vv K> ui m m c*wa a 'J f 41 r i t- Jfe ilBSi 1 P' =*.!> a sL .1 iL ■a f y\ V i sncapor eartrr rv 1 iu^oUi &5i I *sorhb m m singaporeartmuseum ■‘C., >v-: CREDIT SUISSE, LONG
      80 words

  • Page 40 Advertisements
    • 266 40 A STRAITS TIMES APPRECIATES READERS EVENT FINAL CALL TO SIGN UP! g® 6.30pm Sunday, July 15 2012, GARDENS BY THE BAY $67 for The Straits Times Readers (Usual Price $75) r\ Taufik Batisah f. II 4Minute Hady Mirza Tanya Chua Boys Like Girls FREE TICKETS to Universal Studios Singapore® Singapore
      266 words