The Business Times, 10 August 2012

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Microfilm: NL32202
Total Pages: 32
1 32 The Business Times
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  • Title Section
    Lock icon Masthead
    25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg Sp!l A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MICA (P) 120/08/2011 Friday, August 10, 2012
    25 words
  • Article, Illustration
    Lock icon Red and white, old and new – 47, and counting
    376 1  - Red and white, old and new 47, and counting By NISHA RAMCHANDANI [SINGAPORE] The Republic celebrated its 47th birthday yesterday with a parade that incorporated familiar favourites as well as new elements. The 2012 National Day Parade for which the theme was Loving Singapore, Our Home was attended by about
    NEO XIAOBIN/THE STRAITS TIMES  -  376 words
  • Article
    Lock icon Viet port in the doldrums
    899 1  -  Cai Mep fails to keep its promise of being the country’s main gateway, with operators suffering losses By LYNN KAN [SINGAPORE] A port complex once touted as Vietnam’s main gateway has seen its promise sink without a trace. Cai Mep International Terminal (CMIT), some 50km
    899 words
  • MARKETS DIGEST
    • Article
      Lock icon MARKETS
      51 1 Thursday Change ST INDEX Closed KL COMP 1,642.52 +6.60 NIKKEI 225 8,978.60 +97.44 HANG SENG 20,269.47 +203.95 SET INDEX 1,217.70 +3.57 JAKARTA COMP 4,131.17 +40.46 MANILA COMP 5,256.61 -52.06 SEOUL COMP 1,940.59 +37.36 SHENZHEN B 581.81 +0.43 MUMBAI IND 17,560.87 -39.69 12noon EDT Change DOW 13,134.50 -41.14 NASDAQ 3,009.14
      51 words
    • Article
      Lock icon PRIME RATES
      18 1 SINGAPORE MALAYSIA HONG KONG 5.38 6.55 5.00 INDONESIA 0.50 TAIWAN 5.036 JAPAN 1.475 KOREA Source: Bloomberg
      18 words
    • Article
      Lock icon FOREX
      49 1 us$ s$ US$ (S$ per US$) 1.244 (US$/S$ per 1.558 1.939 EURO (US$/S$/€) 1.237 1.539 Foreign currency per US$ S$ YEN 78.40 63.00 RM 3.105 2.495 HK$ 7.755 6.232 BAHT 31.50 25.31 RUPIAH 9,470 7,611 RENMINBI 6.366 5.116 INDIAN RUPEE 55.17 44.33 A$ 0.947 0.761 NZ$ 1.228 0.987
      49 words
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      59 1 PROPERTY Simple and green PAGE 14 WHEN YOU FLY A 3200 HP RACE PLANE, YOU DEMAND THE WORLD'S BEST CHRONOGRAPH i ,7^ I 1 ..mill IBIIII; i, j, v" v m LING )4 •METRE BREI 18 CHRONi CERTFIE -■'“S 20 ID V f m \Av '•fill 'Ohlll mrt'v BREITLING 1884
      59 words
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      6 1 EXECUTIVE LIFESTYLE Collective artistry PAGE 27
      6 words
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      35 1 THE ROAD LESS TRAVELLED All the world’s his stage PAGE 32 BT WEBSITES For breaking news, go to businesstimes.com.sg. For personal finance stories, go to btinvest.com.sg. For more information, e-mail btocs@sph.com.sg or call 6388-3838. *****1"*****4
      35 words
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  • TOP STORIES
    • Article, Illustration
      Lock icon Betrayal, power struggles and a 130m yuan profit guarantee
      1460 2  -  Twists and turns in the rift between Han Cheng Fong and Cleantech Partners By CAI HAOXIANG [SINGAPORE] The story of an ill-fated Singapore-Chi-na consortium to build an energy-efficient industrial and commercial park in Hangzhou, China, emerged in court hearings over the
      FILE PHOTO  -  1,460 words
    • Article, Illustration
      Lock icon Bank works on defence strategy, wins BOE help
      940 2 STANDARD CHARTERED SCANDAL Reuters [LONDON] Cowboy local regulator or the exposer of lax federal bureaucrats? That’s the key question being asked about New York banking regulator Benjamin Lawsky after his explosive charge that London’s Standard Chartered bank abetted US$250 billion of money-laundering
      Reuters; BLOOMBERG  -  940 words
    • Article
      Lock icon THREE-MINUTE DIGEST
      386 2 Vietnam’s port complex disappoints CAI Mep, a port complex once touted as Vietnam’s main gateway, has seen its promise sink without a trace. Three years after the first of the five terminals that have since opened their wharves, they lie quiet and underused. FRONT PAGE StanChart hones defence
      386 words
    • Article, Illustration
      Lock icon China stimulus likely as factory output slows
      861 4 Analysts expect cuts in interest rate, bank reserve ratios after inflation falls Reuters tralian dollar testing a 41/2-month peak. Apart from lowering interest rates, Beijing has also cut the amount of cash that banks must hold as reserves (RRR) to free up an
      Reuters; REUTERS  -  861 words
    • Article
      Lock icon June trade deficit is lowest in 18 months
      470 4 LATEST US DATA AP [WASHINGTON] The US trade deficit fell to its lowest level in 18 months in June, pushed down by a steep drop in oil imports and a rise in exports. The trade gap narrowed to US$42.9 billion in June,
      AP  -  470 words
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      69 2 Be in the thick of the action at the Formula 1 Night Race this year! The Singapore Recreation Club is situated atTurn 9 of the race circuit and we offer attract!ve hospitality packages. With panoramic views of the race track and all your F&B requirements catered for, there's no reason
      69 words
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      841 4 SERIES Effective Leadership Customer Service Skills AUGUST 2012 FULL-DAY WORKSHOPS 27 Aug, 2012 (Mon) 23 Aug, 2012 (Thu) Unlock Your Personal Charisma The Unspoken Secret of the Successful SPH News Centre (9.30am to 6.00pm) Who should attend: What you will learn: How to connect with anyone (including difficult people) and
      841 words
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon Electricity futures market looks set to take off
      590 5  -  SGX’s acquisition of 49% stake in EMC paves way for this: industry observers NEWS ANALYSIS By RONNIE LIM SINGAPORE looks set to start an electricity futures market a move first mooted by regulator Energy Market Authority (EMA) in 2006 with the Singapore
      Compiled by BT  -  590 words
    • Article, Illustration
      Lock icon Heineken should call Thai bluff for Tiger beer
      425 5  -  Thai tycoon’s offer looks like a ruse to force Heineken into paying more for APB REUTERS BREAKINGVIEWS By WAYNE ARNOLD The writer is a Reuters Breakingviews columnist. The opinions expressed are his own HEINEKEN has got itself into a mind-boggling drinking game
      BLOOMBERG  -  425 words
    • Article
      Lock icon Stamford Tyres forms India venture
      318 6  -  It’ll own 40% of Falken Tyre India, partner Sumitomo holds the rest By NISHA RAMCHANDANI TYRE and wheel distributor Stamford Tyres Corporation is forming a $12.3 million joint venture (JV) company with Sumitomo Rubber Asia (Tyre), a subsidiary of Sumitomo Rubber Industries (SRI), to cater
      318 words
    • Article
      Lock icon SP AusNet sued over 2009 fire
      285 6  -  By NISHA RAMCHANDANI A CLASS action suit has been launched in Australia’s Supreme Court of Victoria against SP AusNet and a number of other parties including a company which provided asset inspection services in relation to the Murrindindi fire in 2009. Among the other
      285 words
    • Article
      Lock icon At a glance
      983 6 6 months ended June 2012 TURNOVER (S$m) NET PROFIT (S$m) TURNOVER (S$m) NET PROFIT (S$m) CURRENT PREVIOUS CHNG CURRENT PREVIOUS CHNG CURRENT PREVIOUS CHNG CURRENT PREVIOUS CHNG 1 UOB 1401.0 1248.0 12.3 3239.0 2860.0 13.3 713.0 636.0 12.1 1610.0 1437.0 12.0 2 Yangzijiang 378.8 383.4 -1.2 1523.3
      983 words
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      132 5 WATCH THE WORLD WATCH YOU. r THE NEW ASTON MARTIN V8 VANTAGE HAS ARRIVED. ASTON MARTIN So have you. An understated union of performance, luxury and grace, the V8 Vantage is a bespoke handcrafted sports car of the highest order. Featuring a raft of subtle yet effective performance enhancements for
      132 words
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      43 6 NO RIGHT TURN! Don't go to the wrong source to find your perfect ride. Proceed to CATS Classified's vehicles classes, and you'll find the freshest and most extensive listing of new and pre-owned cars in all makes and models. BUY IT-SELL IT-FIND IT
      43 words
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  • SINGAPORE NEWS
    • Article
      Lock icon Video resumes gaining popularity
      782 7  -  New avenue for job applicants but it’s unlikely to replace face-to-face interviews By APRIL CHYE AS the search for talent heats up, job-seekers are resorting to using other avenues to make their applications stand out from the rest. Video resumes, or visumes, are a new weapon
      782 words
    • Article, Illustration
      Lock icon CELEBRATING THE SPIRIT OF SINGAPORE
      77 7 A TOTAL of 640 performers from the Singapore Soka Association dazzled the crowd gathered at The Float Marina Bay yesterday to winess Singapore’s 47th National Day celebrations with torches that lit the night sky in the second act of the show which epitomises the resilience
      PHOTOS: JASON QUAH AND NEO XIAOBIN/THE STRAITS TIMES  -  77 words
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      133 7 2012 China-ASEAN (Thailand) Commodity Far Date: August 23 26, 2012 10:00 AM 6:00 PM Venue: Hall 5, IMPACT Exhibition Convention Center Leverage on renowned network to meet over 200 top suppliers from China Agricultural Machinery, Constructional Machinery, Automotives and Parts. Plastic Packaging Machinery and Household Electric Appliance Housewares, Consumer Electronics,
      133 words
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      385 7 SDB Freehold Properties Showcase by thesea UjffU Uy138 beachfront luxury suites on Batu Ferringhi\ Penang Located on Penang's famous Batu Ferringhi beach, each of the 138 By The Sea luxury suites comes equipped with everything a top executive or entrepreneur needs for a day at work. After hours, it serves
      385 words
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon Khalid confident PR will retain Selangor
      542 8  -  By PAULINE NG By in Kuala Lumpur SELANGOR Chief Minister Khalid Ibrahim is confident his coalition government Pakatan Rakyat (PR) will retain Malaysia’s wealthiest state at the next polls on the back of greater support from youths, urbanites and the Chinese. “Our (internal) surveys
      THE STAR  -  542 words
    • Article, Illustration
      Lock icon Bank Indonesia holds rate, sharpens focus on rupiah
      712 8 It says interest rate still consistent with low and manageable inflationary pressures Reuters [JAKARTA] Indonesia’s central bank kept its policy rate unchanged yesterday, as expected, following strong second-quarter economic growth that lets it focus on how to stabilise the country’s currency. Bank
      Reuters; BLOOMBERG  -  712 words
    • Article
      Lock icon Offshore players push ringgit sukuk sales to record levels
      761 8 Bloomberg [KUALA LUMPUR] Middle East and Asian borrowers are driving record foreign sales of sukuk in Malaysia as they take advantage of the fastest growth in Syariah banking assets in five years. Issuance reached RM1.8 billion (S$721 million) in 2012, led
      Bloomberg  -  761 words
    • Article
      Lock icon Axiata plans RM5b Islamic bond programme
      300 8 Bloomberg [KUALA LUMPUR] Axiata Group Bhd, Malaysia’s biggest telecommunications company by revenue, plans to set up a RM5 billion (S$2 billion) Islamic bond programme to refinance debt, two people familiar with the deal said yesterday. Celcom Transmission (M) Sdn, a unit of Axiata, will
      Bloomberg  -  300 words
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      642 8 WATS 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 LEHMAN BROTHERS FINANCE ASIA PTE. LTD. (In Creditors’ Voluntary Liquidation) (Company Reg. No: *****5686W) NOTICE OF FIRST INTERIM UNSECURED DIVIDEND Name of Company Lehman Brothers Finance Asia Pte.
      642 words
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      393 8 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 UNDERWATER WORLD INTERNATIONAL PTE LTD [COMPANY. REG. NO.: *****4662E] MEMBER’S VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the Company which was deemed to have been held on 1 August 2012 and the following resolutions passed pursuant to Section 179(6) of
      393 words
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      357 8 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 STEILMANN GRUPPE ASIA PTE LTD (COMPANY REGISTRATION NO. *****5408K) MEMBERS’VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the Company deemed to have been held on 6 August 2012, the following resolutions were duly passed: 1. SPECIAL RESOLUTION ■WINDING-UP That the Company
      357 words
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  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon Avatar’s Cameron sets up joint venture in Tianjin
      399 9 NYT [BEIJING] James Cameron, director of the global hit films Titanic and Avatar, said on Wednesday that he was setting up shop in the Chinese port city of Tianjin to bring his cutting-edge 3D technologies and production services to a high-tech-nology industrial
      NYT; REUTERS  -  399 words
    • Article
      Lock icon India’s industrial production shocks with 1.8% fall in June
      361 9 AFP [NEW DELHI] India’s industrial production contracted by a shock 1.8 per cent from a year earlier in June, as manufacturing output shrank in Asia’s third-larg-est economy, official figures showed yesterday. The data underscored the massive job ahead for India’s new
      AFP  -  361 words
    • Article
      Lock icon India financial exchange sues economist
      594 9 Ajay Shah says MCX is using legal means to quiet a critic NYT [MUMBAI] It is the business version of “he said, she said”. One of India’s fast-est-growing financial exchanges is suing a prominent economist, claiming defamation. But Ajay Shah, the economist, says that the
      NYT  -  594 words
    • Article
      Lock icon China home sales in July fall to 454.4b yuan
      557 9 The amount is 14.5% less than June’s 531.3b yuan; government vows to maintain property curbs Bloomberg [BEIJING] China’s home sales transaction value fell 14.5 per cent in July from the previous month as the government vowed to maintain curbs on the
      Bloomberg  -  557 words
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      136 9 'J>\ a n i eu 4 «< n Courses Available Now! X=zO GET CENTRE mWillism Anghss lnc+i+i i+^ Institute Training that increases productivity and staff retention William Angliss Institute offers your business flexible training solutions to help train and retain valuable staff in the tourism, events and hospitality industries. With
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  • ECONOMY WATCH
    • Article
      Lock icon Asian firms seen as more creditworthy
      833 10 Asia index of credit default swaps slips below average of 4 bond risk gauges Bloomberg [SINGAPORE] For the first time in more than a year, companies in Asia are seen as more creditworthy than their global peers, a sign of confidence that economic growth
      Bloomberg  -  833 words
    • Article, Illustration
      Lock icon Germany catches Europe’s crisis fever
      672 10 And the route of infection is obvious: its exports AFP [FRANKFURT] Germany long appeared immune to Europe’s debt crisis, as deep reforms undertaken years ago helped steel the economic powerhouse against the current financial storms lashing its neighbours. But a raft of new economic data
      AFP; BLOOMBERG  -  672 words
    • Article, Illustration
      Lock icon BOE lowers its growth forecast
      708 10 NYT [LONDON] The Bank of England (BOE) lowered its growth forecast on Wednesday, predicting an even slower exit from recession than foreseen just three months earlier, but its governor, Mervyn A King, ruled out an imminent cut in interest rates or other quick moves to
      NYT; PHOTO: BLOOMBERG  -  708 words
    • Article
      Lock icon BOJ holds rate as its chief warns of global turmoil
      524 10  -  Japanese central bank cuts its assessment on exports and production By ANTHONY ROWLEY in Tokyo BANK of Japan (BOJ) governor Masaaki Shirakawa resorted to unusually strong warnings about the state of the global economy yesterday as the Japanese central bank
      524 words
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      75 10 < '""w vf» LI r*Y*i i t* ♦*»"«w rnrairmra! i ii'i n Jjjftfr W JERRY LUM Snr Marketing Director, MBA, CES CEA Licence no: R *****6 D HP: 8288 0098 View: jerrylum.myweb.sg ERA Estate Agent Licence No L*****82K When You Buy. Sell, or Rent THE STRAITS TIMES SUBSCRIPTION PLEASURES Subscribe
      75 words
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  • WORLD
    • Article, Illustration
      Lock icon Japan to pass bill after PM survives confidence motion
      637 11 Noda in deal with rival party on poll date in exchange for legislative support Bloomberg AFP [TOKYO] Japan is set to pass legislation to raise the sales tax after the prime minister survived a no-con-fidence motion yesterday. Yoshihiko Noda had reached
      Bloomberg; AFP  -  637 words
    • Article
      Lock icon Another food crisis may be on the way: FAO
      530 11 Reuters [ROME] The world could face a new food crisis of the kind seen in 2007-08 if countries resort to export bans, the UN’s food agency warned yesterday, after reporting a surge in global food prices due to a drought-fuelled grain
      Reuters  -  530 words
    • Article, Illustration
      Lock icon Movies, parks and TV work magic for Disney
      722 11 Its profits are seen to be steady even when economy slows AP [LOS ANGELES] These are happy times in the Magic Kingdom. The Walt Disney Co’s stock is up 35 per cent so far this year, outpacing its media company rivals. Although
      AP; FILE PHOTO  -  722 words
    • Article
      Lock icon Australia’s jobless rate drops to 5.2% in July
      749 11 NZ unemployment rate unexpectedly rises to 6.8% in Q2 Bloomberg [SYDNEY] Australian employers boosted payrolls in July and the unemployment rate unexpectedly fell as the nation’s resourcedriven economy weathers a global slowdown, sending the local dollar near a 41/2-month high. The number
      Bloomberg  -  749 words
    • Article
      Lock icon Samsung sends geeks to streets to upgrade laptops
      450 11 Bloomberg [SAN FRANCISCO] Samsung Electronics Co is betting it can grab part of the growing market for replacement computer storage by selling memory chips drives directly to consumers, backed by an unconventional marketing effort. The world’s second-larg-est chipmaker, based in Suwon, South
      Bloomberg  -  450 words
    • Article
      Lock icon Opec may cut forecast for 2013 oil demand growth
      576 12 Potential 20% drop due largely to the uncertain global economic outlook Reuters [LONDON] Opec may have to reduce its forecast for growth in world oil demand in 2013 by 20 per cent, the exporter group said, citing a vague and turbulent
      Reuters  -  576 words
    • Article, Illustration
      Lock icon LEGO ART: GIRL WITH A PEARL EARRING
      85 12 [TOKYO] Elementary school girl Yuka Takahashi adding the last piece of about 5,000 Lego blocks to complete a reproduction of Jonannes Vermeer’s masterpiece ‘Girl with a Pearl Earring’ yesterday. A total of380 children participated in a nine-day workshop to create the Lego art
      AP  -  85 words
    • Article
      Lock icon Pepsico in deal to sell drinks in Myanmar
      209 12 Reuters [WASHINGTON] PepsiCo said yesterday it has signed a distribution agreement to sell some of its drinks in Myanmar with Diamond Star Co Ltd, which has been doing business in the South-east Asian country for nearly 50 years. Under the terms of
      Reuters  -  209 words
    • Article, Illustration
      Lock icon Space failures eroding prestige, cash: Medvedev
      334 12 Prime minister seeks report on who to punish, what to do Reuters [MOSCOW] Moscow is losing prestige and money due to botched space projects, Prime Minister Dmitry Medvedev said yesterday after Russia junked two satellites in the latest launch failure to dog the once-pioneer-ing
      Reuters; AP FILE PHOTO  -  334 words
    • Article
      Lock icon Aviva’s US writedown fuels disposal talk
      498 12 Reuters [LONDON] Insurer Aviva wrote down the value of its US business by more than US$1 billion, fuelling speculation the unit is to be sold as part of a broader overhaul aimed at boosting the group’s financial performance. Britain’s No 2 insurer said it
      Reuters  -  498 words
    • Article
      Lock icon JPMorgan probed by at least 11 agencies
      515 12 Bloomberg [NEW YORK] JPMorgan Chase Co is being investigated by at least 11 state, federal and international enforcement bodies as the bank struggles to contain damage from a botched derivatives trade that cost it at least US$5.8 billion. Authorities in Singapore, Germany and
      Bloomberg  -  515 words
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      654 12 WAT3 NOTICES IN THE MATTER OF THE COMPANIES ACT, CHAPTER. 50 GUTHRIE (SHENYANG) PTE. LTD. (Co No: *****5242N) (IN MEMBERS' VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of GUTHRIE (SHENYANG) PTE. LTD. held on Wednesday, 1 August 2012, the following Special Resolution was passed: WINDING-UP AND APPOINTMENT OF LIQUIDATOR That
      654 words
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  • LONDON OLYMPICS
    • Article
      Lock icon Americans make their mark on the track
      614 13 They win US-Jamaica showdown and bag 7 of 12 gold medals awarded on Day 12 Reuters [LONDON] The United States came out on top in track duels with Jamaica at the Olympic Games when Aries Merritt flew to victory in the men’s 110
      Reuters  -  614 words
    • Article, Illustration
      Lock icon Underwater tactics not on the level
      846 13 NYT [LONDON] With several news media outlets broadcasting or Web streaming every event at the Olympics, it is almost inevitable that water polo will have its share of R-rated moments. At these games, the most notable transition from tenacious to titillating (and quickly back
      NYT; AP  -  846 words
    • Article
      Lock icon Doping cheats can benefit at London Games: Conte
      270 13 Reuters [LONDON] Victor Conte, convicted owner of the now-de-funct Balco laboratory that was at the centre of a global steroid scandal, said yesterday that the drug-testing programme at the 2012 Olympics was irrelevant. “It’s basically propaganda to come out and say this
      Reuters  -  270 words
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      2501 13 FREIGHT LINKS EXPRESS HOLDINGS LIMITED Company Registration No. *****0061G (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Freight Links Express Holdings Limited will be held at 51 Penjuru Road #04-00, Freight Links Express Logisticentre, Singapore *****3, on
      2,501 words
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  • PROPERTY
    • Article, Illustration
      Lock icon Simple and green make a beautiful pair
      731 14  -  Cleaner line designs gaining popularity, especially among young homeowners By MICHELLE TAN WITH the latest design programmes and the advent of technology, home architecture around the world has become increasingly complex with structures once believed to defy the laws of physics emerging across
      WALLFLOWER ARCHITECTURE + DESIGN; AAMER ARCHITECTS  -  731 words
    • Article, Illustration
      Lock icon Insurers cool to home and car share startups
      1184 16 Sites that help people rent houses to strangers find it hard to convince insurers they’re worth the risk Bloomberg [NEW YORK] Debbie Wosskow created a way to help travellers avoid hotel costs on their next vacation by swapping their Manhattan apartment for
      Bloomberg; STOCK.XCHNG  -  1,184 words
    • Article
      Lock icon China property investment slows to 3-month low, but sales rebound in July
      514 18 Reuters [BEIJING] Chinese property sales rose in July, reinforcing signs of a recovery in the sector even as investment growth slowed to a three-month low due to continuing government curbs. Real estate investment, which affects more than 40
      Reuters  -  514 words
    • Article
      Lock icon Househunt
      695 18 PROPERTY TRANSACTIONS FOR DISTRICTS 2 TO 28 WITH CONTRACT DATES BETWEEN JULY 11 AND JULY 17, 2012 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT-IN/LAND AREA*(SQ FT) PRICE (S$'000) PSF (S$) District 2 NON-LANDED Altez Apt 13/07/2012 99 549 900 1639 District 3 NON-LANDED Twin Regency Apt
      695 words
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      140 14 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements D04 HOUSE FOR SALE BUNGALOW K2LD Bungalow. Priced To Sell! 7,000/ 9,500 sqft. Panoramic View. 9010 0177 9636 1023 Steve (Megan) D04 HOUSE FOR SALE OCEAN DRIVE (Sentosa Cove) 2-sty detach, basement s/pool. 6 bdrm, sauna/jacuzzi. Pte lift.Titantium wrapping. Underground aquarium. Valued.
      140 words
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      92 14 D04 HOUSE FOR SALE SENTOSA COVE Rare Sentosa tropical bungalow. Unblocked sea view, spacious luxury living, 5-room, with pool. Steve Tay 9630 7741 D04 HOUSE FOR SALE SENTOSA COVE Sentosa Cove. ***** sqft. 5 ensuites pool spa. Big garden. Price negotiable. View daily. Caren 9278 9799 D04 HOUSE FOR SALE
      92 words
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      94 14 D05 HOUSE FOR SALE FABER HILLS New Listing!!! Faber Hills 2 storey Semi-D. 5800/ 4000 sqft. 4+1+ balcony. A1 decor. Asking $6.XM. Jason 9027 4466 D05 HOUSE FOR SALE TERRACE Freehold. 3-storey Terrace. 1850/ 3400 sqft. 4+1+study. A&A done. Walking distance to Pasir Panjang MRT. Near amenities/ VivoCity. Sole agent
      94 words
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      100 14 D10 HOUSE FOR SALE BUNGALOW Hilltop Bungalow. Unblocked. ***** sqft. Freehold. Alteration Addition/ Rebuild. Ask $15xx psf. Melvin Tang 8100 5008 D10 HOUSE FOR SALE EMERALD HILL Antique Gem 5000sqft Highest ceilings. Incredible size and volume. A complete redo needed. $8m. isabelredrup.com/ir38.php 6222 5055 Susan D10 HOUSE FOR SALE GOOD
      100 words
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      105 14 D10 HOUSE FOR SALE GOOD CLASS BUNGALOW Cluny Road. Land ***** sqft. 1km to elite schools. Opposite Botanic Gardens. Near to Holland Village. Samuel Eyo 9815 3223 Savills D10 HOUSE FOR SALE GOOD CLASS BUNGALOW GCB Sprawling ***** sqft. Hilltop 2 sty. Family hse pool. Lovely garden view. Sherry Tan
      105 words
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      271 15 D10 HOUSE FOR SALE GOOD CLASS BUNGALOW Jervois Road. 15,000/ 10,000 sqft. Large living/ dining. 6+1 rms. Swimming pool. Move in condition. Near Orchard. Samuel Eyo 9815 3223 Savills D10 HOUSE FOR SALE HOLLAND Fabulous Chic Bungalow. Black White style Elegant. 6 bdrm all ensuite. Holland MRT/ Pool. $26m. www.isabelredrup.com/ir39.php
      271 words
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      214 15 D10 HOUSE FOR SALE VENTURA HEIGHTS Ventura Heights Detached 3 storey 4 ensuite guest room 5457 6523 sqft. Pool view. Corner. Freehold. Few choice units! $4.xM! Bring cheque! D11 HOUSE FOR SALE ANDREW ROAD Andrew Road. Modern Tropical Resort 9800/ 5500 sqft. 5 en-suites. Serious seller! Behind every dream home.
      214 words
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      Lock icon Page 15 Advertisements Column 3
      220 15 D13 HOUSE FOR SALE BRADDELL HEIGHTS Braddell Heights. Tropical Bunglw. Elevated. 6000 sqft. Quality finishes. 5 huge rooms, basement pool. Contact Sole Agent. Dan Lim 9853 4988 D13 HOUSE FOR SALE COTSWOLD Cotswold Modern bungalow 3 years 4800/5700 sqft 5 ensuite room pool. Saturday 3-5pm $6M up. Sole Agent 9066
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      Lock icon Page 15 Advertisements Column 4
      203 15 D15 HOUSE FOR SALE RINGWOOD ROAD Ringwood/ Arthur Road. Freehold Semi-Detached. Modern!! 2.5-storey, 4,800/ 5,000 sq.ft. 5+2 $7.3M. Gerri 9027 5522 D15 HOUSE FOR SALE SIGLAP 50’ frontage semi-detached. South. 3+family +maid. Spacious. Near Siglap Linear Park, shops. View: www.*****783.com D15 HOUSE FOR SALE TELOK KURAU Semi-detached 2-storey. Freehold land
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      221 15 D19 HOUSE FOR SALE BERWICK DRIVE View 1-5pm 76A Berwick Drive. 2.5-storey Semi-Detached. 5+1. 2650 4500 sqft Ensuite. Lap Pool Lift. Ben 8100 0055 GPS SGlanded.net D19 HOUSE FOR SALE BRIGHTON AVENUE Bungalow Brighton Avenue. Freehold. ***** 7300 sqft. 9+1. Move in condition. 24 meter. wide. Good deal $928 psf
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  • Page 16 Advertisements
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      138 16 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements D20 HOUSE FOR SALE THOMSON HILL Most Exquisite Jalan Kuras 2583/ 4686 sqft. Freehold. Tranquil. Reservoir, sch, eateries, mall. 8222 2255 D21 HOUSE FOR SALE BINJAI PARK Binjai Park. Good Class Bungalow. 22,360 15,000 sqft. 7+ 2 rm+ lift. Park 10 cars.
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      123 16 D25 HOUSE FOR SALE CHESTNUT Unique 2½ storey Inter Terr 4 bdrm approx 2283/ 2500 sqft. Indulge in the Bt Timah nature environment, amenities future MRT. Chipson 9238 1388 D26 HOUSE FOR SALE SPRINGLEAF GARDEN ECG Dynamic Alliance. Springleaf Garden 2-storey Semi-d Loft. Nice garden, cosy, Greenery. Land 4594 sqft.
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      Lock icon Page 16 Advertisements Column 3
      124 16 D28 HOUSE FOR SALE SELETAR HILL Corner terrace Seletar Hill area. 4028/2500sqft. Quiet. Private pool. 5+1 rms. Selling with tenancy. 9488 4166 Milson D28 HOUSE FOR SALE STRATTON Corner Semi-detached Cluster. Stratton (Seletar) 5113 sqft. 5 rooms 1. Roof terrace with hilltop view. Tay 9752 0866 D01 APARTMENT FOR SALE
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      131 16 D04 APARTMENT FOR SALE AZURE Azure Sentosa 3+ balcony. 1668 sqft. High floor. Sea view. Private lift. Condo facilities. Ask $3.4M negotiable D04 APARTMENT FOR SALE REFLECTION AT KEPPEL BAY Reflection Keppel Bay. Unblocked Sea Fairway View. 4-room/ gym/ pool/ Sauna. Sentosa Universal Studio. Immediate. 223 sqm. 9025 0570 Alvin
      131 words
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      120 16 D08 APARTMENT FOR SALE HERTFORD COLLECTION Hertford Collection. 3 room Penthouse, 1851 sqft with private lap pool. $1300 psf. MRT/ mall. Constantine Lee 9696 0672 D09 APARTMENT FOR SALE 8 MOUNT SOPHIA 8 Mount Sophia 1 bedroom. 861 sqft. High floor. Balcony. 2 minutes MRT, SMU, Plaza Singapura. CJ 9150
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  • Page 17 Advertisements
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      229 17 D09 APARTMENT FOR SALE GRANGE INFINITE Grange Infinite. Freehold. 3 and 4-bedroom. Brand new. High floor. Orchard MRT. Best stack!!! Best price!!! D09 APARTMENT FOR SALE LEONIE GARDENS Leonie Gardens. 3+1, 1733 sqft. Balcony, big living/ bedrooms. Mins to MRT/ Orchard. Enbloc potential. View: joannehomes.com Jo 8282 1368 D09 APARTMENT
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      Lock icon Page 17 Advertisements Column 2
      232 17 D10 APARTMENT FOR SALE DUCHESS ROYALE Duchess Royale, minutes Nanyang Primary/ MRT. 999 years. 3+1 rooms. 1238 sqft. Lush greenery. Hurry! Act Fast! D10 APARTMENT FOR SALE GALLOP GREEN Gallop Green. 3218 sqft 3757 sqft. Large 4+1 Single-Level Apartments. Viewing, call Brandon Ong 8383 6969 D10 APARTMENT FOR SALE JUNIPER
      232 words
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      239 17 D10 APARTMENT FOR SALE THE GRANGE The Grange. 2300 sqft. High floor. Unblocked. Botanic Gardens view. 4 bedroom. Closing soon. Redzuan 9047 6500 D10 APARTMENT FOR SALE THE GRANGE The Grange 4 room Penthouse 2303/4381 sqft. Minutes to Tanglin Mall. Good location. $5.9M/ $12M! Bring cheque! D10 APARTMENT FOR SALE
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      230 17 D12 APARTMENT FOR SALE THE VERVE The Verve Jalan Rajah Just TOP. 1-bedroom. 603 sqft. Good layout. Open house: Today 3pm 4pm by appointment D14 APARTMENT FOR SALE WINDY HEIGHTS Renovated. Windy Heights. North. 4+1. 3 ensuites. Spacious. 2467 sqft. Morning sun. Bright. View: www.*****783.com D15 APARTMENT FOR SALE BELVEDERE
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      Lock icon Page 17 Advertisements Column 5
      262 17 D16 APARTMENT FOR SALE THE SUMMIT Fire sale! The Summit. Freehold. 1238 sqft, 3+1 room. Bright and windy. Only $10xx psf. Act fast! Don’t regret! D16 APARTMENT FOR SALE WATERFRONT KEY Waterfront Key. 2rm 904/974sqft, $1m/ 3rm 1206 sqft, $1.4m/ 3+study, 1364sqft, $1.56m/ 4rm 1442 sqft, $1.61m. Aquarius Penthse, 1874
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  • Page 18 Advertisements
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      505 18 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements D19 APARTMENT FOR SALE WATERLINE Freehold Waterline, TOP in 6 mths. MRT. Rare deal! 1 bdrm fr $730K squarish. 3 bdrm fr $1.22M breezy Penthse fr $1.67M. Call now for more information D21 APARTMENT FOR SALE FLORIDIAN Floridian. Freehold. 1690 sqft. 3+1,
      505 words
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      118 18 D10 APARTMENT FOR RENT ARDMORE PARK Ardmore Park. 2885 sqft. High floor. Pool/ greenery view. Full facilities. Available mid September. $16.8k. Luxury Living! D10 APARTMENT FOR RENT LADYHILL Ladyhill Penthouse Rare! 5+1, 3 ensuites. Brand new jacuzzi. Garden. Quiet. Minutes to Orchard. Ann 9455 3077 D10 APARTMENT FOR RENT THE
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      362 19 D10 APARTMENT FOR RENT VERDURE Verdure Holland Park. Top Penthouse. 2260 sqft 4 bedrooms Balcony. Jacuzzi Avail Immediate. 9488 1861 Joseph D11 APARTMENT FOR RENT GLOUCESTER MANSION Gloucester Mansion. 4+1. 2045 sqft. High floor. Unblocked. City view. Near MRT. 9189 1488 Hazel Tan D11 APARTMENT FOR RENT PARK INFINIA 4
      362 words
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      261 19 D18 APARTMENT FOR RENT SIMEI GREEN Simei Green 3+ study. 1378 sqft. Fully furnished. Full facilities. 7 min walk MRT. Tenant no comm. Candy 9666 6804 D20 APARTMENT FOR RENT BISHAN POINT Bishan Point. 2 bedrooms. Very high floor. Unblocked view. Fully furnished. Available immed. www.dorrisdwg.com D21 APARTMENT FOR RENT
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      Lock icon Page 19 Advertisements Column 3
      258 19 D03 SHOP FOR SALE REDHILL CLOSE 86 Redhill Close 2-storey HDB shophouse. 1270 sqft. MRT/ Redhill market. 2 frontages. Ample parking, crowded. D07 OFFICE FOR SALE GOLDEN MILE COMPLEX Investment Opportunity. Golden Mile Complex. 2 offices. 1033/1399 sqft. Good crowd. Best location D08 SHOP FOR SALE LITTLE INDIA Little India
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      152 19 D12 SHOP FOR SALE ONE DUSUN RESIDENCES One Dusun Residences. Freehold retail Space. Mixed development. Novena/ Thomson Enclave. Raynard 9061 8000 D13 WAREHOUSE FOR SALE TANNERY LANE Rare Freehold Tannery lane 2163 sqft. High ceiling/ 2 doors/ Tenanted. Meissa 980 sqft. James 8180 3752 D14 FACTORY FOR SALE FIRST EAST
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      239 19 D20 OFFICE FOR SALE MIDVIEW CITY Midview city. 1679 sqft. $850K. Sale with tenancy. Renovated. Ramp up/ carpark. Cargo lift. Yian 9760 5779 D20 SHOP FOR SALE THOMSON V Low psf/ Quantum! Grab! Retail Thomson. From Developer! Sale/ Rent. Call to view. Noelle 9889 9921 D27 FACTORY FOR SALE NORTHLINK
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  • EDITORIAL & OPINION
    • Article
      Lock icon Time to stand up and be counted
      474 20 EDITORIAL PRIME Minister Lee Hsien Loong was determined to drive home a key point towards the end of his National Day message to Singaporeans on Wednesday: What Singapore becomes in the next two decades depends largely on what its people choose to make
      474 words
    • Article, Illustration
      Lock icon Class warfare in fight to become CEO of USA Inc
      792 20  -  THE BOTTOM LINE LEON HADAR Washington Correspondent AT a time when members of the American middle class which also happen to constitute the majority of the American voters are continuing to experience the financial squeeze and economic insecurity produced by
      792 words
    • Article, Illustration
      Lock icon Characteristics of a visionary board
      983 20  -  Directors with a long-term view who understand firm’s strategy, risks and shareholders By TONY TAN BOON LENG The writer is a member of CFA Institute’s Capital Markets Policy Council and is a CFA charter holder. A pdf version of the monograph is available at: http://www.
      STOCK.XCHNG  -  983 words
    • Article, Illustration
      Lock icon Big gaps in Indonesia health care
      1160 21  -  The country has to establish an integrated system across provinces, districts and cities to recapture lost market share By LOKE WAI CHIONG The writer is director, Global Healthcare Practice, KPMG in Singapore. The views expressed are his own INDONESIA has the fourth largest population
      STOCK.XCHNG  -  1,160 words
    • Article, Illustration
      Lock icon China needs to work with the West on Syria
      810 21  -  FRANK CHING The writer is a Hong Kong-based journalist and commentator. Follow him on Twitter: @FrankChing1 CHINA has picked the wrong side to support in the Syrian deadlock. Last weekend, the United Nations General Assembly voted, 133 to 12, for a
      AP  -  810 words
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  • AVIATION/SHIPPING
    • Article, Illustration
      Lock icon Maersk’s new fleet to focus on fuel efficiency
      1072 22 Radical changes in design will also reduce carbon emissions by 50% Bloomberg [SINGAPORE] AP MaerskMoeller A/S’s planned fleet of the world’s largest container vessels will be as groundbreaking for their shape as their size. The 20 ships will be the first cargo-box
      Bloomberg; BLOOMBERG FILE PHOTO  -  1,072 words
    • Article
      Lock icon John Fredriksen’s Golar receives record rate to store LNG at sea
      534 22 Its carrier will earn US$175,000 a day for 10-day booking Bloomberg [LONDON] Golar LNG Ltd, a company controlled by shipping billionaire John Fredriksen, said it received a record rate to store liquefied natural gas (LNG) on one of its
      Bloomberg  -  534 words
    • Article
      Lock icon Fractured shaft found in GE Dreamliner engine inquiry
      457 22 Bloomberg [NEW YORK] Damage to a spinning shaft inside a General Electric Co jet engine was uncovered by US investigators probing a malfunction that spewed hot shards of metal during a test run of a Boeing Co 787 Dreamliner. The National Transportation
      Bloomberg  -  457 words
    • Article
      Lock icon TRANSPORT STOCKS
      253 22 SGX '000 Aug 8 S$ +/-Vol CH Offshore 0.43 0.01 524 Chuan Hup Hldg 0.24 unch 121 Cosco Corp 0.98 -0.01 2631 S$ Ezra Hldgs 1.00 -0.01 3659 First Ship Lea 0.15 unch 467 Freight Links 0.07 unch 1246 Grand Banks 0.23 -0.01 55 Jaya Hold Ltd 0.54
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    • Article, Illustration
      Lock icon AirAsia X to add 6 planes; targets growth
      430 22 AP [KUALA LUMPUR] Long-haul budget carrier AirAsia X said yesterday that it will lease six Airbus A330 planes to expand its fleet as it seeks to nearly triple its passengers to seven million by 2014. The airline currently has 11 planes and
      AP; BLOOMBERG FILE PHOTO  -  430 words
    • Article
      Lock icon The Business Times Shipping Times
      3351 23 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
      3,351 words
  • Page 22 Advertisements
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      59 23 Sll s p maintenanc ?s wanted. Can they find your services Here in the Shipping Times? TO ADVERTISE, CALI IOE WO IMG AT 9620 1327 THE BUSINESS TIMES Shipping Times I FREIGHT FORWARDER urgently needed by shippers TO ADVERTISE, CALL JOE WONG AT 9620 Can they find your services here
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      Lock icon Page 23 Advertisements Column 2
      18 23 USE THIS SPACE TO SELL CALL JOE WONG AT 9620 1327 TO ADVERTISE The Business Times Shipping Times
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  • Page 24 Advertisements
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      135 24 TO ADVERTISE IN The Business Times Shipping Times CALL JOE WONG FREIGHT FORWARDER urgently needed by shippers Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE WONG AT 9620 1327 the Business times I 111— UUJII MLJJ II VII J Shipping Times Spotlight Award Wins
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  • SINGAPORE STOCKS
    • Article
      Lock icon UNIT TRUST & FUNDS
      7993 25 UNIT TRUST FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Asset Mat Pte Ltd APS Alpha FundCI A!** AXA Wealth Mgt S'pore Pte Ltd APS Alpha Fund (USD)!** Aberdeen Asset Mgt Asia Limited 0.94/ Aberdeen Asset Mat Asia Limited Asian Smaller Cos'** 1 635/ EM local Ccy Bond 0.9601/
      7,993 words
  • Page 25 Advertisements
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      26 25 Insiders' trades. Brokers' recommendations. Dividend table. The pages also cover transactions by directors and substantial shareholders. In other words, news you can use. THE BUSINESS TIMES
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  • FINANCE & COMMODITIES
    • Article
      Lock icon SGX DERIVATIVES TRADING
      569 26 Aug 9 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT 8870.81 9004.81 8862.17 Sep12 8875.00 9000.00 8820.00 8990.00 *****2 *****2 Dec12 8785.00 8915.00 8775.00 8925.00 1631 9951 MSCI TAIWAN INDEX FUTURES SPOT 259.57 263.72 259.57 Aug12 259.00 263.60 258.50 263.40 ***** *****8 Sep12 258.10
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    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      373 26 In local curr In S$ In US$ dy yr dy yr dy yr Aug 8 Index Change Change Change Change Change Change World Preliminary 900.3 0.1 8.5 0.2 3.6 0.1 8.0 EAFE Preliminary 722.8 0.0 6.0 0.1 0.2 -0.1 4.5 Europe Preliminary 1095.2 -0.1 6.7
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    • Article, Illustration
      Lock icon SMX MARKET UPDATE
      113 26 As on 08 August 2012 www.smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE VOL (in Lots) PRECIOUS METAL INDIA GOLD (E-GOLD) FUT OCT2012 538.45 534.15 538.90 1077 CURRENCY EUR-USD FUT SEP2012 1.2407 1.2333 1.2353 2315 BASE METAL COPPER FUT SEP2012 7566 7505 7541 4358 INDEX IRON ORE (MBIO) IDX
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    • Article
      Lock icon CHICAGO BOT
      107 26 Aug 8 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Aug 12 1630.00 1605.25 1630.25 1602.00 Sep 12 1600.00 1576.50 1602.00 1570.25 Nov 12 1581.25 1565.75 1583.00 1555.25 Jan 13 1574.00 1561.25 1575.00 1550.00 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Aug 12 51.58
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    • Article
      Lock icon CRUDE OIL & PRODUCTS
      70 26 CRUDE OIL PRODUCTS Aug 8 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 111.40 1.25 WTI (Near Mth) 93.32 -0.15 Dubai (1-Mth F) 106.23 1.01 Tapis blend 114.82 1.47 Minas 115.67 1.47 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 100.39 1.00 Jet Kerosene 127.45 1.29 US$/barrel OpecOil Basket
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    • Article
      Lock icon US$/S$ FORWARD RATES
      23 26 Aug 8 Aug s$ Bid Offer 1-month 1.2438 1.2448 2-months 1.2438 1.2448 3-months 1.2437 1.2447 6-months 1.2427 1.2438 Source: OCBC
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    • Article
      Lock icon LONDON METALS
      64 26 Aug 8 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1877.75 1873.50 3 months 1915.00 1909.50 Copper, Grade A(US$/tonne) Cash 7550.75 7580.50 3 months 7550.00 7580.00 Lead(US$/tonne) Cash 1903.00 1897.75 3 months 1911.00 1909.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin(US$/tonne) Cash *****.00 *****.00 3 months *****.00
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    • Article
      Lock icon LIFFE
      80 26 Aug 8 COCOA (£/tonne) Close Prev High/Low Sep 12 1679 1672 1685/1660 Dec 12 1670 1658 1675/1648 Mar 13 1644 1630 1650/1620 May 13 1640 1626 1644/1617 COFFEE(US$/tonne) Close Prev High/Low Sep 12 2179 2199 2195/2169 Nov 12 2177 2194 2190/2167 Jan 13 2158 2171 2167/2143 Mar 13 2149
      80 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      1108 26 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 4 1 146 456 6.75 21 Conv Ratio Exer Baker Technology Ltd W*****6 1 1 32 5 31.50 3 Prem Best World Intl Ltd W*****5 0.6 1 30
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    • Article
      Lock icon INTERBANK CROSS RATES
      470 26 Aug 8 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.053 6.722 0.854 8.189 58.262 100.013 0.828 11.921 3.279 1.297 99.364 44.127 1.314 8.641 1.026 31.651 33.266 0.678 1.056 Canada 0.950 6.385
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    • Article
      Lock icon SIBOR
      69 26 Aug 8 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 1.***** 0.***** SWAP Offer rates (S$) 0.***** 3 mths 0.***** UWHl VJ4S1 I '*{5 trHC t o ciTtf f .W)f V i- N
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    • Article
      Lock icon PRECIOUS METALS
      134 26 Aug 8 GOLD(US$/oz) Aug 08 Aug 09 Hong Kong 1618.30 1622.30 Aug 09 Aug 07 Aug 08 London 1609.76 1614.60 1610.64 1615.40 Source: Thomson Reuters CAST BAR Aug 08 (S$) Selling Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 155 64 5gm 440 322 10gm 785
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    • Article
      Lock icon GOVERNMENT SECURITIES
      88 26 Aug 8 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****V 08-Nov-12 0.24 0.2 0.2 6-Month BS*****S 07-Feb-13 0.25 1-Year BY*****T 02-May-13 0.23 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0H 0.25 01-Feb-14 100.09 5-Year N*****0Z 2.375
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    • Article
      Lock icon PALM OIL
      57 26 Aug 8 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Aug 12 2850.0 2874.0 2850.0 2785.0 119 1781 Sep 12 2862.0 2884.0 2874.0 2810.0 1531 ***** Oct 12 2899.0 2907.0 2911.0 2854.0 ***** ***** Nov 12 2912.0 2933.0
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      156 26 Aug 8 Against US$ Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.3133 1.3148 1.0559 1.0562 Canadian dollar 1.2474 1.2487 1.0031 1.0029 Euro 1.5387 1.5401 1.2371 1.2372 NZ dollar 1.0123 1.0144 0.8139 0.8149 Sterling pound 1.9382 1.9401
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    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 26 As at 9am Aug 08 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.339 1.276 Can dollar 1.274 1.214 Euro 1.576 1.501 Sterling pound 1.976 1.900 NZ dollar 1.041 0.992 US dollar 1.261 1.213 Local dollars to 100 units of foreign
      121 words
    • Article
      Lock icon INTERBANK RATES
      154 26 Aug 8 $S Offer Bid 0vernight 0.01 par 1-month 3/8 1/4 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.05 US$ 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 1.05 0.85 12
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  • executive lifestyle
    • Article, Illustration
      Lock icon Collective artistry
      1860 27  -  Art collectives are fast becoming the toast of commercial galleries who are banking on their collaborative strengths, reports CHEAH UI-HOON reportsCHEAH CHEAH UI-HOON EARLIER this year, one of the local art works to create a buzz at Art Stage Singapore was not created by a single artist, nor
      1,860 words
    • CINEMA
      • Article, Illustration
        Lock icon Stripped bare of a meaty role
        500 28  -  By DYLAN TAN THE genre-bending talent of director Steven Soderbergh is a rarity in Hollywood. One moment he’s making the world’s coolest movies (2001’s Ocean’s Eleven and 2004’s Ocean’s Twelve), the next he’s doing arthouse erotica (1989’s Sex Lies and Videotape and 2009’s The
        PHOTOS: WARNER BROS  -  500 words
      • Article, Illustration
        Lock icon Jason re-Bourne
        641 28  -  Jeremy Renner perpetuates The Bourne Legacy with more legwork, pyrotechnics and bodies strewn over continents, reviews GEOFFREY EU reviewsGEOFFREY reviewsGEOFFREY EU JASON BOURNE is a tough act to follow, but five years after dodging a hail of bullets (The Bourne Ultimatum) and leaping into the East River in
        PHOTOS: UNIVERSAL  -  641 words
      • Article, Illustration
        Lock icon Pixar’s Brave new world
        444 28  -  By DYLAN TAN PIXAR breaks with tradition by using both a heroine as a central character and having a woman co-direct a feature. The result is a stunningly Brave (pun intended) and entertaining fairy tale worthy of the heritage of its parent company Disney. Then again,
        444 words
    • ENTERTAINMENT/ARTS
      • Article, Illustration
        Lock icon Waxing lyrical over poetry
        1210 29  -  This year’s Singapore Writer’s Festival’s Poetry of Song adds Chinese for the first time, writesCHRISTOPHER CHRISTOPHER LIM THE best song lyrics are regarded as poetry, but in Poetry of Song, the poetry will come first. The annual collaboration between the Singapore Writer’s Festival (SWF) and Timbre
        1,210 words
      • AroundTown
        • Article, Illustration
          Lock icon Film
          95 29 Shura: Kabuki and noh theatre gets adapted for the big screen in Toshio Matsumoto’s Shura (Demons, right). The 1972 masterpiece is based on Nanboku Tsuruya’s play Kamikakete Sango Taisetsu. The plot revolves around Gengobe Satsuma, an exiled samurai who’s torn between taking revenge for his own personal desire and
          95 words
        • Article
          Lock icon Music
          119 29 Tribal Gathering of Tongue Tasters: Critically acclaimed indie folk-pop-rockers MONSTER CAT, collaborates with sonic artist, Kai Lam, for a one-off experimental performance. Expect only the unexpected. The gig takes place at The Substation tomorrow at 8pm. Tickets at $10-15 at the door >Dance of an Angel harp performance by
          119 words
        • Article
          Lock icon Theatre
          107 29 The Arabian Nights by I Theatre: Expect a magical carpet for the family as I Theatre revisits the classic tales of myth, romance and intrigue with The Arabian Nights. The tales include Aladdin and the Enchanted Lamp, Sinbad the Sailor and The Tale of the Hunchback. Presented in modern
          107 words
        • Article, Illustration
          Lock icon Art
          217 29 Singapore Survey 2012: The annual Singapore Survey featuring some of the most interesting works by Singapore artists returns at the Valentine Willie Fine Art Gallery with the theme New Strange Faces. Some of the works reflect on Singapore’s new citizens and foreign workers, and the impact on Singaporeans. Among
          217 words
      • Article, Illustration
        Lock icon Plot twists liven up zombie hackfest
        592 29  -  GAMING REVIEWS By CHRISTOPHER LIM Alan Wake’s American Nightmare Rating: BDeadlight Rating: B ZOMBIES are a tired gaming cliche. The Resident Evil and Left 4 Dead franchises have trotted out enough hordes of possessed or undead humans to make the average gamer roll his
        592 words
      • Article, Illustration
        Lock icon Garbed in lush sound
        481 29  -  By CHRISTOPHER LIM CONCERT organiser Greenhorn Productions has a habit of snagging solo versions of band acts for intimate showcases at the cosy Esplanade Recital Studio. Rachael Yamagata was here last year sans band before returning with her ensemble this year, and half of Tiny Ruins’
        481 words
    • ARTS
      • Article, Illustration
        Lock icon Tai tai high
        866 30  -  With his hit Army Daze turning 25, playwright Michael Chiang is now eyeing high society women for his latest work, reports HELMI YUSOF reportsHELMI reportsHELMI YUSOF O NCE called Singapore’s most bankable playwright, Michael Chiang hasn’t written a new play in 13 years. But lest one thinks
        PHOTOS: MICHAEL CHIANG, SIRIUS ARTS  -  866 words
      • Article, Illustration
        Lock icon Gender agenda
        538 30  -  By TAN TECK HENG THE Miss Universe pageant recently allowed transsexuals through its doors. But it had not been an easy road to the world stage (or any stage for that matter) for transsexuals. Just ask Maggie Lai. The protagonist of Goh Boon Teck’s 1995 play Purple went
        PHOTOS: TOY FACTORY  -  538 words
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        Lock icon Here come the gowns
        813 30  -  By HELMI YUSOF WHEN Kate Middleton first stepped into Westminster Abbey to marry Prince William, half of the guests thought, “Here comes the bride.” The other half thought, “Here comes the dress.” The ivory satin wedding gown with its lacey bodice and 10-foot train sparked many
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      • Article, Illustration
        Lock icon Delicate pairings
        1314 31  -  Wines with soft and nuanced tannins and ripeness are the perfect foil for the elegant and subtle flavours of premier Japanese cuisine, writes N K YONG writesN writesN K YONG IT is perceived wisdom that the wine that goes best with a regional cuisine is a wine made
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        656 31  -  By CHEAH UI-HOON ACTOR Peter Sau showed the depths of his imagination in his recent show, Tell Me When to Laugh and When to Cry, presented as part of The Esplanade’s The Studios’ season. From a Lady Gaga impersonator to a lusty censorship
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    • THE ROAD LESS TRAVELLED
      • Article, Illustration
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  • Page 31 Miscellaneous
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      302 31 CRYPTIC CROSSWORD Across 1 Keep changing dialect (7) 5 Folds as credit falls slightly (7) 9 State not fancied by many (5) 10 Tender feeling from foe in fact that’s odd (9) 11 Divine, the French crew’s accommodation (10) 12 Engagement that keeps me quiet (4) 14 An end of
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