The Business Times, 6 December 2013

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Microfilm: NL32902
Total Pages: 77
1 36 The Business Times
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  • Title Section
    Lock icon Masthead
    25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg SfCl A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MCI (P) 085/08/2013 Friday, December 6, 2013
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  • Article
    Lock icon 647 StanChart clients’ data stolen
    736 1  -  Info found on James Raj’s laptop; MAS may act against bank By LEE U-WEN, TEH SHI NING leeuwen@sph.com.sg tshining@sph.com.sg [SINGAPORE] The monthly statements of 647 of Standard Chartered Bank’s private bank clients have been discovered on a computer belonging to alleged hacker James Raj Arokiasamy.
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  • MARKETS DIGEST
    • Article
      Lock icon FOREX
      65 1 HST INDEX 3,124.38 (-36.32) HST INDEX FUTURES 3,116.00 (-37.00) HSIMSCI 359.72 (-4.53) HSIMSCI FUTURES 358.00 (-4.30) US$ S$ US$ (S$ per US$) 1.254 (US$/S$ per 1.640 2.057 EURO (US$/S$/€ 1.362 1.709 Foreign currency per US$ S$ YEN 101.90 81.30 RM 3.225 2.571 HK$ 7.753 6.182 BAHT 32.22 25.69 RUPIAH
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    • Article
      Lock icon MARKETS
      47 1 Thursday Change KL COMP 1,824.86 +2.96 NIKKEI 225 15,177.49 -230.45 HANG SENG 23,712.57 -16.13 SET INDEX Closed JAKARTA COMP 4,216.90 -24.41 MANILA COMP 6,030.95 -74.28 SEOUL COMP 1,984.77 -2.03 SHENZHEN B 895.91 +5.56 MUMBAI IND 20,957.81 +249.10 9.30am EST Change DOW 15,874.04 -15.73 NASDAQ 4,037.63 -0.37
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    • Article
      Lock icon PRIME RATES
      20 1 SINGAPORE 5.38 MALAYSIA 6.55 HONG KONG 5.00 JAPAN 14.398 TAIWAN 5.036 JAPAN 1.475 SWITZERLAND 9.33 BRITAIN Source: Bloomberg
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  • Article
    Lock icon JTC changes industrial property rules
    1028 1  -  By KALPANA RASHIWALA kalpana@sph.com.sg [SINGAPORE] Industrialists and third-party facility providers such as property funds/developers who own industrial properties on JTC-leased sites will now be required to hold these properties for a longer period before they may sell them. JTC has also extended the minimum occupation
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      228 1 COMPANIES Kerry Logistics on roadshow for HK$2.2b IPO PROPERTY Median COV for resale flats at lowest in 4 years PAGE 22 SPECIAL FEATURE Finland Independence Day PAGES 18 19 EXEC LIFESTYLE Philanthropy’s pied piper PAGE 33 PAGE 6 LUXE DINING If you’re looking for another culinary high, Latin America is
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  • TOP STORIES
    • Article
      Lock icon THREE-MINUTE DIGEST
      280 2 StanChart private banking data stolen THE monthly statements of 647 of StanChart private bank clients have been discovered on a computer belonging to an alleged hacker. FRONT PAGE JTC changes industrial property rules THOSE owning industrial properties on JTC-leased sites will have to hold them for a longer
      280 words
    • Article, Illustration
      Lock icon Qantas to cut 1,000 jobs, warns of A$300m loss
      676 2  -  It cites challenges including stiff competition, strong A$, high fuel prices By nishar@sph.com.sg NISHA RAMCHANDANI nishar@sph.com.sg [SINGAPORE] It looks like Qantas’s strategy of aligning itself with Middle Eastern carrier Emirates has yet to pay off. Australia’s national flag carrier said it
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    • Article, Illustration
      Lock icon ChildAid 2013: 4 hands good, 8 hands better
      414 2  -  By KELLY TAY kellytay@sph.com.sg [SINGAPORE] Two pianists together on one keyboard is so passé. Just ask the four lads who make up Animato Quad they will lay eight hands on one keyboard to raise a musical storm at this year’s ChildAid concert,
      PHOTO: DESMOND WEE/THE STRAITS TIMES  -  414 words
    • Article
      Lock icon China feeling pinch of credit crunch
      692 2  -  It’s due to deliberate central bank policy shift to rein in credit growth, survey says By in SHU-CHING JEAN CHEN in Hong Kong CHINA’S effort to rebalance its economy has a mirror image in finance and it’s called credit crunch. This week, the global
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    • Article
      Lock icon S’pore is 9th most expensive Asian city
      494 4  -  Shifts in ranking in cost-of-living survey mainly due to currency movements By KELLY TAY kellytay@sph.com.sg [SINGAPORE] The Republic has slipped one spot to become the ninth most expensive Asian city for expatriates, marking the first time since 2010 that it has fallen behind
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    • Article
      Lock icon Positive effects seen of JTC policy changes
      604 4  -  Property players say it’ll curb speculators, benefit genuine users By KALPANA RASHIWALA kalpana@sph.com.sg [SINGAPORE] Market watchers say the latest changes in JTC policies will benefit genuine industrial users but discourage property speculators. From Nov 15, JTC will lengthen the prohibition period for lease
      604 words
    • Article, Illustration
      Lock icon Why Fed tells markets about its intentions
      790 4  -  By CAI HAOXIANG haoxiang@sph.com.sg [SINGAPORE] Amid criticism of the communication policies of central banks, a Nobel laureate has conjectured that the powerful US Federal Reserve gives forward guidance about its intentions not so much to help the market, which is already using the
      PHOTO: BLOOMBERG  -  790 words
    • Article, Illustration
      Lock icon Japan Cabinet okays 18.6t yen stimulus
      501 4  -  By in ANTHONY ROWLEY in Tokyo JAPANESE Prime Minister Shinzo Abe’s Cabinet yesterday approved an 18.6 trillion yen (S$228.5 billion) economic stimulus package, which it claimed would help to boost the country’s annual gross domestic product (GDP) by one percentage point and create around
      501 words
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      125 2 DOMICILISHOME.COM SALE Till 31st December 2013 >J 0 9) -> t 30 off display sofa sets, 20 °off custom sofa orders' Up to 15 off all other products Additional 5% discount for Domicil Family members I CUT COFFEE TABLE MERRY GO ROUND Deliveries by Chinese New Year for orders made
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      137 3 V A 775 •l k EE Ji, P VH9 r Ml 3 A I N V IL m w K S. > Ji ■V F •0 m m jit cT >a& W/i M M m m m UMi$ V\. Ml *e Breguet, the i Invention of the Tourbillon, 1801 With
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      225 4 QUALITY. RELIABILITY. REPUTATION. SERVICE. MlOi 2013 ATA N1D-***** Judy Kueh 2015 DEC EXP A clear signal of credibility, reliability and quality service amongst travel professionals, the NATAS Accreditation framework is set to boost the recognition and reputation of true travel professionals nationwide. So be sure to look for NATAS-accredited staff
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      209 4 THE SOUND VISION SPECIALIST The Headphone Bar Parrot Beyerdynamic KEF Ultimate Ears Denon Harman Kardon AKG Klipsch Grado Shore Zik Zikmu Zikmu Now: $2,688 JP Zikmu Solo ■Sow: $1,688 Subsidiary Company ONE LIVING BESPOKE INTERIORS Design Renovation Construction For enquiries please call: KH 8323 8787 Angela 8612 8787 www.oneliving.com.sg Custom
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      108 5 PHOTOGRAPHED BY KRISTIAN SCHULLER f I A U m TS I IS S S i i 1 3 EXTRAORDINARY STRENGTH A body made from a forged grade five titanium alloy, two-and-a-half times stronger than stainless steel, yet only half its weight, A virtually scratchproof sapphire crystal screen, protecting a 4.3"
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  • COMPANY NEWS
    • Article
      Lock icon Kerry Logistics on roadshow for HK$2.2b IPO
      555 6  -  Indicative price range of HK$8.80 to HK$10.20 per share By LEE MEIXIAN leemx@sph.com.sg KERRY Logistics Network, whose chairman is Singapore’s former foreign minister George Yeo, began a one-week roadshow this week for a share sale that could raise up to HK$2.2 billion (S$355.9
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    • Article
      Lock icon Telenor’s entry gives mobile boost to SPH-linked 701Search
      447 6  -  Norwegian telco has over 150m mobile customers globally By JOYCE HOOI joyceh@sph.com.sg ONLINE marketplace media firm 701Search is set to make further inroads in the mobile space now that Norway’s Telenor ASA has come onboard as a new shareholder. “In some of
      447 words
    • Article
      Lock icon Coal miner seeks payment from Blumont
      494 9  -  Resource Generation says A$22.6m payment for 15% stake not received on due date By ANDREA SOH sandrea@sph.com.sg IT is one pit after another for mining company Blumont Group. Yesterday, South African coal miner Resource Generation said it was taking action to obtain funds that
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    • Article, Illustration
      Lock icon StanChart shares slump on full-year profit warning
      667 9 Consumer banking unit operating profit seen dropping 10% Bloomberg [LONDON] Standard Chartered shares slumped to the lowest in three months in Hong Kong trading after the lender said full-year operating profit at its consumer banking unit will drop at least 10 per cent,
      Bloomberg; PHOTO: AFP  -  667 words
    • Article
      Lock icon FJB’s Raoul expands into Middle East
      326 10  -  Franchise deal with Chalhoub will see nine standalone stores open by 2017 By CHAN YI WEN yiwenc@sph.com.sg HOME-GROWN international fashion label, Raoul, will expand to the Middle East after clinching a franchise deal with The Chalhoub Group, a leading player in the luxury business
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    • Article, Illustration
      Lock icon Banks cut commodity staff to four-year low
      1376 10 Tighter regulations and the second drop in prices since 2001 spur cutbacks Bloomberg [SINGAPORE] The biggest banks are employing the fewest commodity traders, salespeople and analysts in at least four years as tighter regulations and the second drop in prices since 2001 spur
      Bloomberg; PHOTOS: REUTERS, BLOOMBERG  -  1,376 words
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      385 6 I have a vision to excel in the financial world. It’s my choice. n l—f RECEIVE $100 off CFA PROGRAMME* 'A Step into the world of finance with confidence. At Kaplan Financial, part of the Kaplan Learning Institute, we prepare you to meet the demanding challenges of the financial industry.
      385 words
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      44 6 ~1 V -J j FIND THE ONES THAT FIT! i UX-1 ■-> r U Recruit the right people through CATS Recruit. Call 1800 289 8822 or email recruit@sph.com.sg to advertise. I" n i v n r I j "S J U r WATS v > RECRUT
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      154 7 OCBC CYCLE SINGAPORE OCBC.cyclesinga pore.com.sg r 3 r A dho* w f M S; 0 V hi V V\ V Cyclists unite! 28-30 MARCH 2014, FI PIT BUILDING The biggest cycling event of the year is back! OCBC Cycle Singapore 2014 promises to be a fun-filled experience for your family
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Is the glass half-full or half-empty?
      593 8  -  Optimists expect year-end rally following slide; pessimists see continued fund outflow from region STOCKS R SIVANITHY sivan@sph.com.sg Senior Correspondent OPTIMISTS viewing the current slide in blue chips might comfort themselves with the thought that weakness today sets the stage for strength tomorrow, in which
      Source: Bloomberg  -  593 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 8 DAILY
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    • Article
      Lock icon OTHER SINGAPORE INDICES
      72 8 Dec 5 VALUE CLOSE BT OB/OS -366.00 -43.00 BT CADI -*****.00-160.00 BT 10-day MA -*****.00 -36.00 FTSE ST Mid Cap 711.36 -6.67 FTSE ST Small Cap 531.29 -2.87 FTSE ST All Share 757.48 -8.16 FTSE ST China Top 195.39 -1.42 FTSE ST China 220.66 -2.09 FTSE ST
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    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 2 8 5 0 0 0 2 8 5 Manufacturing 39 51 44 6 4 12 45 55 56 Commerce 13 30 15 4 5 2 17 35 17 Tpt/Stor/Comms 4 19 12
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    • BROKERS’ TAKE
      • Article
        Lock icon Courts Asia
        239 8 Dec 5 close: $0.63 DBS Group Research, Dec 5 WE upgrade Courts to “buy” on attractive valuation, and believe its share price has more than factored in the negative aspects. Since Oct 27, the counter has corrected 22 per cent from $0.83. With valuation at an attractive 11.0x
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      • Article
        Lock icon ST Engineering
        150 8 Dec 5 close: $3.91 Maybank Kim Eng Research, Dec 5 STILL a “hold” with TP trimmed to $4.21 (from $4.80), pegged at 21x FY2014F PER. We lowered our FY2013 EPS by 10 per cent to reflect weak 9M 2013 performance and management’s muted guidance. In our view, STE
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      • Article, Illustration
        Lock icon CDL Hospitality Trusts
        507 8  -  Compiled by JOYCE HOOI Dec 5 close: $1.58 CIMB Research, Dec 4 THIS acquisition is expected to raise its ditribution per unit (DPU) by about 2 per cent/3 per cent in FY2014/FY2015. Therefore, we raise our DPS estimates and dividend discount model (DDM)-based target price. However, we
        Source: Bloomberg  -  507 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      123 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 20,939 20,939 87,664 87,664 Manufacturing 139,007 50,539 189,546 106,260 2,764 109,024 Commerce 122,369 660,215 782,584 84,231 48,437 132,668 Tpt/Stor/Comms 120,908 4,826 125,734 183,608 594 184,202 Finance 40,077 113 40,190 213,395 41 213,436 Construction 58,668 134,020
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    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      117 8 Stock name Close Change CapMallsAsia 1.925 -0.050 CapitaLand 2.990 -0.020 CapitaMall 1.880 -0.045 CityDev 9.830 -0.070 ComfortDelGro 1.920 -0.030 DBS Grp 16.900 -0.100 GLP 2.860 -0.060 Genting SP 1.485 -0.010 Golden Agri 0.550 -0.015 HK Land 5.800 +0.060 HPH Trust US$ 0.645 -0.025 JMH 52.540 -0.960
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    • Article, Illustration
      Lock icon Rupiah weakens past 12,000 to US$ barrier
      568 8 CURRENCIES Reuters [SINGAPORE] Indonesia’s rupiah weakened past the psychological support line of 12,000 per US dollar to hit a near five-year low yesterday, pressured by corporate dollar demand. The Indian rupee, however, touched a five-week high of 61.52 to the greenback as exit
      Reuters; PHOTO: BLOOMBERG  -  568 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      60 8 VOLUME Albedo 423,714,000 Transcu Grp 160,066,000 Charisma Energy 131,195,000 Viking 115,375,000 Vallianz Hldgs 77,126,000 Blumont 44,375,000 Golden Agri 42,894,000 IPCO Intl 41,599,000 HPH Trust US$ 41,249,000 DragonGp 36,479,000 VALUE($) SingTel 86,496,975 DBS Grp 86,275,000 CapitaLand 58,837,680 UOB 55,628,950 OCBC Bk 53,944,350 Keppel Corp 44,777,900 Genting SP 43,577,675
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    • Article
      Lock icon RISES
      110 8 BY CENTS CLOSE UP DBXT Nifty 10US$ ***** 723.4 5.9 GLD 10US$ ***** 213.2 1.4 Lyxor MS India 10US$ 1326 32.6 2.0 DBXT MSINDIA 10US$ 837 22.6 2.2 DBXT FTVietnam 10US$ 2475 11.3 0.4 SuperGroup 341 9.0 2.7 HK Land 580 7.5 1.0 Fuji Offset 30 5.0 20.0 Ezra
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    • Article
      Lock icon FALLS
      125 8 BY CENTS CLOSE DOWN Lyxor Indonesia10US$ 7085 -136.7 -1.5 JMH 5254 -120.4 -1.8 Hyflux 6% CPS 10 ***** -90.0 -0.8 JSH 3295 -81.5 -1.9 Lyxor US DJIA 10 US$ 1606 -55.2 -2.7 DBXT STGLDv100 10US$ 3056 -38.9 -1.0 Kep Corp.ES.1312 1092 -37.0 -3.3 DBXT MSINDO 10us$ 1125 -35.1 -2.4
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      Lock icon FTSE ST CATALIST INDEX
      5 8 DAILY
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      57 9 STARTS NOW IrOvii Takashimaya Shopping Centre Raffles City Shopping Centre The Shoppes at Marina Bay Sands Changi Airport T1 CANALI 19 3 4 Paragon JIMMY CHOO Paragon The Shoppes at Marina Bay Sands STARTS 12 DECEMBER 2013 LUXURY w FASHION Luxury Fashion at Resorts World Sentosa™ BALLY irUIVII S. IP
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      141 9 WAREHOUSE SALE70 2 days ONLY 7&8 Dec T0A1V1 -8P.V1 Wine, Whisky, Champagne, Sake, Cognac, Vodka, Accessories... Some Highlights and many more... Usual Now Rating Almaviva 2009 195.00 135.00 RP-91 Ch.Leoville Barton 2000 328.00 229.00 RP-95+ Ch.Leoville Lascases 2004 269.00 199.00 RP-93 Ch.Pichon Lalande 2008 199.00 148.00 RP-92 Pavilion Rouge du
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      202 10 Ffr o CM ooyaoooar 0 n •fSVMN I* >-*5 1 el i (e°a i® gfif )l!li V Hotel Solutions, Food Beverage and Travel Trade Show 17-19 February 2014 Myanmar Convention Centre,Yangon www.mhft.sphereconferences.com The most comprehensive showcase of hotel and F&B solutions, technologies and innovations in Myanmar BE PART OF IT!
      202 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Temasek not a typical SWF: Lim Boon Heng
      582 11  -  It pays govt taxes and dividends, which help fund social programmes By CAI HAOXIANG haoxiang@sph.com.sg TEMASEK Holdings is different from a typical sovereign wealth fund, chairman Lim Boon Heng said. For one, it pays tax, “no different from other companies”. Taxes and
      PHOTO: CHEW SENG KIM/THE STRAITS TIMES  -  582 words
    • Article, Illustration
      Lock icon Largest cycling event in S’pore back for 6th year
      297 11  -  By LEE U-WEN leeuwen@sph.com.sg THE sixth edition of OCBC Cycle Singapore the country’s largest mass participation cycling event was officially launched yesterday. Set to take place over three days next year from March 28-30 at the F1 Pit Building, organisers say
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    • SINGAPORE ROUNDUP
      • Article
        Lock icon EZ-Link launches cashless top-up service
        72 11 COMMUTERS can now use the new “My EZ-Link Mobile” mobile phone application to top up their EZ-Link cards around the clock. The new app, launched by EZ Link yesterday, accepts payment using either a credit or debit card. It is available for download for free
        72 words
      • Article
        Lock icon Eureka Institute inks MOU with local bodies
        56 11 SINGHEALTH and Duke-NUS Graduate Medical School yesterday signed a memorandum of understanding with the Eureka Institute for Translational Medicine, a new global research network aimed at accelerating the discovery of treatments and cures. The network consists of an elite group of academic medical
        56 words
    • Article, Illustration
      Lock icon EMA to conduct review of $1.7b LNG terminal
      511 11  -  This comes 6 months after the facility’s commercial start-up By RONNIE LIM ronnie@sph.com.sg SIX months after its commercial start-up in May, Singapore’s energy regulator, Energy Market Authority (EMA), is engaging a consultant to carry out an operational review of the $1.7 billion
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    • Article
      Lock icon 2 to be charged over hacking of PMO site
      195 11 TWO Singaporean men, aged 21 and 27, are expected to be charged in court today for offences under the Computer Misuse and Cybersecurity Act. In a statement yesterday, the police did not name them, only saying that the pair had been
      195 words
    • Article
      Lock icon New survey shows contradictory views towards property
      435 11  -  By MINDY TAN tanmindy@sph.com.sg IT would appear that Singapore has lost some of its lustre, slipping four spots to seventh place in terms of investment appeal, and dropping six spots to ninth position on the development prospects front, according to the latest real
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      52 11 CHILDAID CARNIVAL EDITION Where: Sands Theatre, Marina Bay Sands When: Dec 6: 8pm Dec 7: 2.30pm and 8pm Admission: $18, $28 and $38 (excluding booking fees) from www.marinabaysands.com/ticketing or call 6688-8826. Tickets also available from Marina Bay Sands theatre box office, SkyPark, ArtScience Museum and MBS retail mall concierge or
      52 words
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      696 11 NutritionPark.com Largest Range! Longest Warranty! ULTIMATE NUTRITION PROSTAR WHEY PLATINUM SERIES (5LBS) CONTROLLED LASS GREEN MAGNITUDE UP $178.50 25g of protein, 6g of BCAA, 2g of carbs per serving. 1 servings per tub. Patented formula to improve strength, stamina, performance and muscle mass. HORSE POWER X ■(225g) UP $199 SUPREME
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      2029 12 THIS NOTICE IS IMPORTANT AND REQUIRES THE IMMEDIATE ATTENTION OF NOTEHOLDERS. If Noteholders (as defined below) are in doubt about any aspect of the New Proposal (as defined below) and/or the action they should take, they should seek their own financial advice immediately from their stockbroker, bank manager, solicitor, accountant
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      2073 12 Agent to have his votes cast in favour of the Extraordinary Resolution at the relevant Meeting (and such Voting Instructions are not revoked) will not be eligible for the Early Acceptance Fee and will instead, subject to the fulfilment of the Settlement Conditions, receive a consent fee of 0.10 per
      2,073 words
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      2202 12 The payment of the Early Acceptance Fee or (as the case may be) the Consent Fee is conditional upon: (a) the Noteholders of the relevant Series duly passing the Extraordinary Resolution approving the New Proposal; (b) the Supplemental Trust Deed to provide for the inclusion of the Call Option in
      2,202 words
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  • MALAYSIA/INDONESIA
    • Article
      Lock icon Water concessionaires snub RM9.65b buyout
      505 13  -  Rejection of offer will prolong stalemate and further delay hundreds of projects in Selangor By PAULINE NG in Kuala Lumpur WATER concessionaires in Selangor have rejected a RM9.65 billion (S$3.75 billion) buyout by the state as inadequate, further prolonging an impasse that could affect hundreds
      505 words
    • Article
      Lock icon Jakarta may raise tax on luxury imports
      204 13 Reuters [JAKARTA] Indonesia is planning to impose a higher luxury tax for imported retail goods in its latest attempt to dampen domestic consumption in South-east Asia’s biggest economy, an official at the finance ministry said yesterday. The G20 economy has been struggling to
      Reuters  -  204 words
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      1501 13 The term “related party”, in relation to a person, means any other person who, directly or indirectly, controls that person, or is controlled, directly or indirectly, by that person, or where he and that other person, directly or indirectly are under the control of a common person. The terms “prepayment
      1,501 words
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      Lock icon Page 13 Advertisements Column 2
      152 13 H STPROPERTY sg r Want to be part of our International Exhibition next year? i Contact Andy Gui at andygui@sph.com.sg fl. 6319 6382. jwrav r5-2ss= Si "■3 4* r I! .51 i: HIM I 1 ;i :n i; l Mi ii tii I! ii ii. (i »>• .i Mill m
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  • GREATER CHINA/INDIA
    • Article
      Lock icon Limited role for business in China land reforms
      578 14 Official tempers expectations, says plan aims to create bigger family farms Reuters [BEIJING] China’s new rural reforms will stop short of giving commercial firms free rein to buy land and will focus instead on creating bigger family farms, the country’s top rural
      Reuters  -  578 words
    • Article
      Lock icon Financial institutions barred from dealing in Bitcoin
      542 14 Bloomberg [HONG KONG] China’s central bank has barred financial institutions from handling Bitcoin transactions, moving to regulate the virtual currency after an 89-fold jump in its value sparked a surge of investor interest in the country. Bitcoin isn’t a currency with “real meaning”
      Bloomberg  -  542 words
    • Article, Illustration
      Lock icon VW finds India car market tough nut to crack
      577 14 Bloomberg [MUMBAI] For Volkswagen AG, the route to being the world’s top carmaker was meant to go through India. Instead, car sales in the country are headed for their first annual drop since 2002, the German carmaker has captured only a
      Bloomberg; PHOTO: BLOOMBERG  -  577 words
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      1721 15 AS IAN M A T R Gourmet Culture Lifestyle Proudly Presented By OoCBCBank Asia’s finest Epicurean Signatures EXCLUSIVELY FOR OCBC CARDMEMBERS 20 0/ Asian /0 Masters OFF Events 15 0/ a la carte food bill at Feast Asia OFF Dining Partners r 4 A HEARTFELT THANK YOU for making the
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  • WORLD
    • Article, Illustration
      Lock icon Thai recovery seen tougher this time
      718 16 Economy’s resilience eroding as violent political protests sap investor confidence Bloomberg [BANGKOK] Thailand’s economy has withstood coups and regime-chang-ing protests for decades, luring manufacturers including Toyota Motor Corp. even when turmoil dented stocks and the baht. This time may be tougher. Demonstrators in Bangkok
      Bloomberg; PHOTO: REUTERS  -  718 words
    • Article
      Lock icon Security experts stumble on 2m stolen passwords
      277 16 Data includes Yahoo, Facebook, Google and Twitter accounts Reuters [BOSTON] Security experts have uncovered a trove of some two million stolen passwords to websites including Facebook, Google, Twitter and Yahoo from Internet users across the globe. Researchers with Trustwave’s SpiderLabs said they discovered
      Reuters  -  277 words
    • Article
      Lock icon Don’t stop regulating banks: Berlin
      240 16 Reuters [BERLIN] German Finance Minister Wolfgang Schaeuble wants governments to keep scrutinising the banking sector despite complaints that they have already gone far enough, daily Handelsblatt reported. Banks remained very creative in circumventing regulation and while stricter bank capital rules would lead to more stability
      Reuters  -  240 words
    • Article
      Lock icon US plans new bank fraud suits in early 2014: AG
      533 16 Reuters [WASHINGTON] The US Justice Department plans to bring mortgage fraud cases against several financial institutions early in 2014, using as a template the case that ended last month in JPMorgan Chase Co’s US$13 billion settlement, US Attorney-General Eric Holder
      Reuters  -  533 words
    • Article, Illustration
      Lock icon UK set to lift state pension age to 68 in 2030s
      543 16 Reuters [LONDON] Britain is likely to raise the state pension age to 68 in the mid-2030s, a decade earlier than previously expected, to offset the impact of improving life expectancy, the government said, as it seeks to cut its
      Reuters  -  543 words
    • Article
      Lock icon Q3 growth revised up at 3.6%
      445 17 Domestic demand stays sluggish; consumer spending revised down to 1.4%, lowest in four years LATEST US DATA Reuters Bloomberg [WASHINGTON] The US economy grew faster than initially estimated in the third quarter as businesses aggressively accumulated stock, but underlying domestic demand remained sluggish. Gross
      Reuters; Bloomberg  -  445 words
    • Article
      Lock icon ECB raises ‘14 growth forecast to 1.1%
      402 17 BOE holds its key interest rate at a record low 2014. Reuters, Bloomberg, AFP [FRANKFURT] The European Central Bank (ECB) raised its eurozone economic growth forecast to 1.1 per cent for 2014 yesterday and predicted 1.5 per cent growth the following year. ECB
      2014. – Reuters, Bloomberg, AFP  -  402 words
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      Lock icon Global air passenger traffic rises 6.6% in October
      451 17  -  By NISHA RAMCHANDANI nishar@sph.com.sg [SINGAPORE] Global passenger traffic is picking up pace, clocking 6.6 per cent growth year-on-year in October, which is higher than the 5.2 per cent rise seen a month earlier. According to data from the International Air Transport Association
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    • Article
      Lock icon Uncertainty, political risks slowing down FDI
      579 17  -  By ANTHONY ROWLEY in Tokyo FOREIGN direct investment (FDI) by companies setting up or expanding their business overseas, thus far a major source of global economic growth, has hit a plateau as political and other risks now loom larger, a World Bank agency has
      579 words
    • BRIEFING
      • Article
        Lock icon Credit Suisse sells German private banking biz
        62 17 Bloomberg [ZURICH] Credit Suisse Group AG, Switzerland’s second biggest bank, sold its German private-banking business to ABN Amro Group NV’s Bethmann Bank for an undisclosed fee. ABN will acquire about 10 billion euros (S$17 billion) in assets under management and about 200 employees
        Bloomberg  -  62 words
      • Article
        Lock icon Biden urges China to maintain peace in region
        123 17 Bloomberg [BEIJING] US Vice President Joseph Biden called on China as a rising economic power to act responsibly and said its escalation of a territorial spat with Japan had caused significant apprehension throughout Asia. The Asia-Pacific will be the driver of the
        Bloomberg  -  123 words
      • Article
        Lock icon Bumi to take former exec to arbitration court
        102 17 Reuters [LONDON] Coal miner Bumi said yesterday it will launch an arbitration process to recover the US$173 million it says it is owed by former executive Rosan Roeslani. The Indonesia-focused group has been trying to recover cash through a deal with Mr
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        Lock icon Thai king calls on people to do their duty
        88 17 Reuters [BANGKOK] Thai King Bhumibol Adulyadej called on his people to do their duty for the good of the country in a birthday address yesterday, but avoided direct reference to the latest political turmoil roiling the capital. “All Thais should realise
        Reuters  -  88 words
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      Lock icon South Korea a role model for other developing nations: IMF
      542 17  -  By ANTHONY ROWLEY in Tokyo INTERNATIONAL Monetary Fund (IMF) managing director Christine Lagarde yesterday called South Korea a “role model” for other developing countries to follow and suggested that its “position in the world economy is destined to grow”. South
      542 words
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      1587 16 ■4 [«ATS NOTICES IN THE MATTER OF COMPANIES ACT, CAP.50 AND IN THE MATTER OF MYCUBE.COM PTE LTD UEN NO.*****3656M Take notice that a meeting of shareholders in the above matter will be held at the offices of FTI Consulting, 8 Shenton Way, #12-02 AXA Tower *****1, on the 20
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  • FINLAND INDEPENDENCE DAY
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      Lock icon Warm ties from Finland’s cold climes
      1912 18  -  Finland’s ambassador to Singapore, Ari Heikkinen, speaks toVINCENT WEEabout the good ties that exist between Finland and the Republic and on potential areas for further cooperation VINCENT WEE SINGAPORE and Finland enjoy a warm political relationship, with diplomatic relations going back to 1973. “Economic
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      Lock icon Singapore as Pan-Asian base for Finnish companies
      544 18 KONECRANES president and CEO Pekka Lundmark relocated to Singapore to build up business in the region. Vincent Wee speaks to him about his thoughts on the country and moving here. Question: Having moved specifically to Singapore to boost relationships and contacts with key
      544 words
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  • SPOTLIGHT ON FINNISH COMPANIES – A Special Report produced by Synergy Media Specialists
    • Article, Illustration
      Lock icon Building a Pipeline to Success in Asia
      409 19 Recognized as the global leader in nonwelded piping solutions, GS-Hydro is committed to delivering high quality projects, service and product solutions to customers and suppliers worldwide. The basic principle of a piping system has always been to transfer fluids from one location to
      409 words
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      Lock icon Delivering Finnish telecom expertise to Asia
      418 19 Finland is building on its reputation as a global leader in information and communication technology. The country invests almost 3.5 per cent of gross domestic product into research and development initiatives. Finnish companies are exporting innovative, cutting edge solutions to international markets, including emerging
      418 words
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      Lock icon Fifty years of Icebreaking Solutions
      518 19 With the country’s reputation as a centre of excellence for innovation and its northern most territories reaching the Arctic Circle, Finland has successfully combined its knowledge based economy with its desire to continue to develop its maritime sector. Aker Arctic Technology Inc (AARC) was established
      518 words
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      Lock icon A leader in Arctic offshore and supply vessels
      427 19 As a permanent member of the Arctic Council and one of eight countries with territory extending beyond the 66th parallel north, Finland has a vested interest in the Arctic region. Helsinki has a long history of building Arctic Oceangoing vessels and through
      427 words
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      Lock icon Finnish Pioneer in Data Erasure Expands to SE Asia
      404 19 Secure data erasure management is becoming more critical around the world according to Kim Väisänen, CEO and Co-Founder of Blancco, the global leader in data erasure and computer reuse solutions. “Data Erasure Management is an important process of any organization’s data
      404 words
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  • EDITORIAL & OPINION
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      Lock icon WTO should aim for small successes in Bali
      522 20 EDITORIAL LONGSTANDING talks for a global trade deal are underway again, this time in Bali, to attempt to seal a multilateral agreement that has eluded negotiators for a dozen years now. The negotiations which began in Doha, Qatar in 2001 have seen
      522 words
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      Lock icon Manila IPOs, stocks take heavy beating as funds flee
      723 20  -  THE BOTTOM LINE AL LABITA The writer is a Manila-based contributor to BT TIME was when initial public offers used to sell like hot cakes in the Philippine share market. Well, not anymore. Lately, not a few IPOs turned sour, succumbing
      723 words
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      Lock icon The customer as a company’s primary compass
      883 20  -  The idea of the shareholder as a firm’s main stakeholder is increasingly being challenged By TAN PHENG HOCK The writer is president and CEO of ST Engineering S THE sun rises on 2014, we business leaders are looking at the new year, thinking
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      Lock icon Japan-India ties need to go further
      1152 21  -  Emperor’s visit likely to boost their developing strategic partnership amid major global, regional geopolitical shifts By NEETA LAL The writer is a New Delhi-based journalist EW Delhi rolled out the red carpet for Japanese Emperor Akihito and Empress Michiko on their six-day visit to
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      Lock icon Brace yourself for period of lost economic growth
      927 21  -  By J BRADFORD DELONG The writer, a former deputy assistant secretary of the US Treasury, is professor of economics at the University of California at Berkeley and a research associate at the National Bureau of Economic Research. Project Syndicate [BERKELEY] BEFORE 2008,
      Project Syndicate; PHOTO: REUTERS  -  927 words
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  • PROPERTY
    • Article, Illustration
      Lock icon Median COV for resale flats at lowest in 4 years
      403 22  -  Nov figure of $8,000 lowest since July ‘09; 97 units sold below valuation: SRX By ONG CHOR HAO ongch@sph.com.sg [SINGAPORE] The market for Housing and Development Board (HDB) resale flats continued to weaken last month, with median cash-over-valuations (COVs) falling
      Source: SRX  -  403 words
    • Article, Illustration
      Lock icon Allgreen to launch SkySuites@Anson tomorrow
      397 22  -  Prices start from $968,000 for one-bedroom unit at 99-year leasehold project By ONG CHOR HAO ongch@sph.com.sg [SINGAPORE] Sales for Allgreen Properties’ 72-storey SkySuites@Anson project in Tanjong Pagar will begin tomorrow, with prices starting from $968,000. Located at Enggor Street and within walking distance of Tanjong
      397 words
    • Article
      Lock icon Dubai World unit sells Atlantis hotel
      219 22 Reuters [DUBAI] Investment Corp of Dubai (ICD), the flagship holding firm of some of the emirate’s top companies, has acquired the Atlantis hotel from a unit of Dubai World for an undisclosed sum, ICD said yesterday. The sale adds to a series of asset
      Reuters  -  219 words
    • Article, Illustration
      Lock icon Istanbul Grand Bazaar-style mall to rise on Vegas Strip
      633 24 Visitors’ interest in retail options in the city prompts firms to open new shops AP [LAS VEGAS] Las Vegas, where the only design rule seems to be that everything must mirror something else, is getting a new mall modelled on Istanbul’s
      AP; PHOTO: AP  -  633 words
    • Article
      Lock icon London votes for foreign property-investor tax
      240 24 Bloomberg [LONDON] The London Assembly passed a motion welcoming a possible move by the government to bring in capital-gains tax on foreign investors selling a home in the city. The motion was passed on Wednesday with 13 votes in favour and six against, according
      Bloomberg  -  240 words
    • Article
      Lock icon Westfield to control NY’s WTC retail space
      725 24 With this stake, its investment there will exceed US$1.4b Bloomberg [SYDNEY] Westfield Group, Australia’s biggest shopping mall operator, will invest US$800 million to take full control of the retail space at New York’s World Trade Center. The company agreed to buy Port Authority
      Bloomberg  -  725 words
    • Article, Illustration
      Lock icon Building new homes for rent, not sale
      1409 25 Developers and investors adopt new strategy as pool of first-time buyers shrinks NYT [ATLANTA] Homeownership was out of reach for Tishri Hyman, a single mother of two with a good job but less than stellar credit. But three years ago, she found the
      NYT; PHOTO: NYT  -  1,409 words
  • Page 22 Advertisements
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      143 22 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements D04 HOUSEBOAT FOR SALE SENTOSA COVE Luxury houseboat at Sentosa Cove 3000sf 3 floors 5 rms. Holiday home. Sea adventure. Event venue. more. VVIP viewing 11 Dec. Willi Ching 9431 5145 D04 HOUSE FOR SALE SENTOSA Bunglw 3½ Storey 8159 sqft,6+1 ensuite,
      143 words
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      123 22 D11 21 HOUSE FOR SALE MAYFAIR PARK $1.88M only, Bring cheque! 2-storey Semi-Detach Mayfair Park. Rebuilt 3580 sqft. 4+1 rooms. Balance 37 left. www.*****676.com D13 HOUSE FOR SALE WOLSKEL ROAD Freehold. Semi-D. 2-storeyy. Land 3834/ approx 3300 sf, Broad frontage MRT. Don’t miss! Call 9109 6109 D15 HOUSE FOR SALE
      123 words
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      123 22 D17 HOUSE FOR SALE BUNGALOW Beautiful Bungalow 6860/ 5200 sqft. 5+1. F’hold. Elevated land. Breezy. Greenery. Nice garden with 17 metre pool. Steve 9297 3365 D17 HOUSE FOR SALE MARIAM WAY Freehold Terrace. Nice. Unblock facing. Windy. No west sun. Land 1814 sqft/ Build 2600 sqft. 5-bdrms, 4-baths. Minutes to
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      118 22 D25 HOUSE FOR SALE INTERMEDIATE TERRACE Grab! $1.78M secures. 3 sty inter terrace. 4 bdrms +1+1. 1619/ 2857 sqft. Vacant Mins walk to MRT. Eliza *****116 D02 APARTMENT FOR SALE CLERMONT RESIDENCE Clermont Residence Tg Pagar MRT. Tallest bldg. 181 units. World Class 4 in 1 Mixed development. VVIP preview
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      134 22 D04 APARTMENT FOR SALE REFLECTIONS KEPPEL BAY #20-90. Integrated Resort and Marina view. 3-bedroom. 1722 sf. $3.99M. Agent commission up to $100K. Call Owner Direct 6399 4862 D04 APARTMENT FOR SALE THE INTERLACE 2/3-bedrooms. 1055 sqft/ 1744 sqft/ 1765 sqft. Low/ High floor. Partial furnished. Panoramic view. Unblocked. Also for
      134 words
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      451 23 D10 APARTMENT FOR SALE BALMORAL HILLS #08-01. Freehold. Panoramic view from Hilltop. Vacant. 1841 sf, 4+1 balcony. $3.99M. Agent comm up to $100k. Call Owner Direct 6399 4862 D10 APARTMENT FOR SALE NASSIM PARK RESIDENCES Rare! Nassim Park Res. Penthse, 6814 sqft, 4 bdrm ensuite, premium blk, quiet, pte pool/
      451 words
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      171 23 D14 APARTMENT FOR SALE MARINA BAY SANDS VICINITY From only $6xxk. Walk to 3 MRT. 5mins MBS. Near upcoming Sports Hub High Potential. 9773 9157 D15 APARTMENT FOR SALE MAYFAIR RESIDENCES Mayfair Residences East Coast. Freehold. 3bdrm from $14xx psf. Please call Rina Ng 8382 2727 D15 APARTMENT FOR SALE
      171 words
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      Lock icon Page 23 Advertisements Column 3
      169 23 D23 APARTMENT FOR SALE YEW MEI GREEN 3 bedrooms. Beautiful unit! View to believe! Pool view. Spacious. MRT. Serious seller. negotiable. D27 APARTMENT FOR SALE ESTUARY ESTUARY. TOP, 3-4 rms. Face Reservoir/Pool 1216-1528 sqft. Khatib MRT, Golf Course, School. All enquiries welcome. Call Kim 9107 2889 D10 HOUSE FOR RENT
      169 words
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      Lock icon Page 23 Advertisements Column 4
      175 23 D11 21 HOUSE FOR RENT LORNIE 18 Cluster bungalow with home lift. Fantastic layout. Resort style. 4600sqft. 4+1+1 rms. 2-year lease. 6296 6036/ 9670 0518 D15 HOUSE FOR RENT 80B MEYER ROAD Cluster bunglw. Built-in 6500 sqft. 2-sty attic basement pool. Available immed. $17.5K. Also for sale. Owner 9863 5635
      175 words
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      Lock icon Page 23 Advertisements Column 5
      159 23 D04 APARTMENT FOR RENT THE INTERLACE Interlace. 4+1 bedrooms. High floor. Sea City view. Partial furnished. North South facing. $11K. Jack Wong 9877 3773 D05 APARTMENT FOR RENT BLUE HORIZON Blue Horizon, 3+1, 1163 sqft. Immediate. Panoramic sea view, full furnished, view flexible, $4.3K. Ben Sim 9833 6661 ERA D09
      159 words
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      81 24 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements WAT-3 D11 21 APARTMENT FOR RENT PARC PALAIS Parc Palais, 3+1, 1356 sqft. #10. Immediate. Unfurn/fully furn/ partial furn. Friendly landlord. $3.3K in excess. Alvin Toh 9177 9618 D18 APARTMENT FOR RENT SAVANNAH 3+1, 1733sf, immed/4+1, 1453sf, avail 15 Dec. UWC/ Changi
      81 words
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      Lock icon Page 24 Advertisements Column 2
      93 24 D02 SHOPHOUSE FOR SALE TANJONG PAGAR Tanjong Pagar Shophouse. 6300sf. $13M. Fully tenanted 4% yield. Near MRT. Call 9117 8727 DTZ D08 SHOP FOR SALE JALAN BESAR 999 years. Facing main road. Reno Approx 1380 3079 sqft. Future MRT. Good investment!!! Call 9786 1000 D08 SHOP FOR SALE LITTLE INDIA
      93 words
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      Lock icon Page 24 Advertisements Column 3
      107 24 D01 OFFICE FOR RENT SAMSUNG HUB From 145sqft, Great world city 2562sqft. Equity Plaza from 1399sqft, Tung Centre from 1001 sqft D03 OFFICE FOR RENT LOWER DELTA Light ind. unit Lower Delta. Avail immed. $2psf with fixtures and aircon. Takeover fee neg. Pls call 9228 1948 or email to: assetmgt117@gmail.com
      107 words
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      Lock icon Page 24 Advertisements Column 4
      102 24 D12 OFFICE FOR RENT LUZERNE BUILDING 3 mins walk to MRT. 5 mins drive to town. 8600 sf. Renovated state. Ample carparks. Many amenities nearby. Call 9818 1633 D14 OFFICE FOR RENT KAKI BUKIT CRESCENT B2 Office cum Warehouse Kaki Bukit Crescent. Upper floor. 8000 sqft with loading bay. neg.
      102 words
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      Lock icon Page 24 Advertisements Column 5
      107 24 FOREIGN PROPERTY FOR SALE CONCIERIA MITA, TOKYO IN JAPAN Concieria Mita, Tokyo, Japan. Potential Capital Gain for Freehold Ownership. Stable rental yield. Hilton Hotel 7 8 Dec. 8522 7533 Bryan Cheng FOREIGN PROPERTY FOR SALE MELBOURNE IN AUSTRALIA Wanted investors/ Buyers to develop 180 Freehold Property in Melbourne. Direct from
      107 words
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  • Page 25 Advertisements
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      230 25 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements WAT-S^ FOR LEASE Showroom Production Office Warehousing JACKSON SQUARE (TOA PAYOH) Clean, high-spec, 5-mins walk to MRT Ground floor showroom 12,500sqft, double frontage, high ceiling High-spec production office 11,000sqft Self-storage I Warehouse Wine, personal, pharmaceutical 100-8,000 sqft available 29TAI SENG STREET Clean,
      230 words
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      Lock icon Page 25 Advertisements Column 2
      70 25 BRAND NEW Bungalows Semi-Ds Terraces bV* v.s<r Agents Welcome Call/SMS Email to Owner 98 635 635/9727 2996 D13 CORNER TERRACE MacPherson 2V2-Storey 2472/3300 sqft. 5+1 Near Potong Pasir MRT St Andrew JC Fully aircon. Well maintained Suitable for Expat $6.9K Bernard (Owner) 9338-0087 on Mount Elizabeth 1600 sqft, 3 bdrms
      70 words
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      Lock icon Page 25 Advertisements Column 3
      63 25 LARGE LAND OFFER AT CHENNAI, INDIA Around 27 Acres of land available for Sale at a prime locality of Sholinganallur, Chennai, Just Off IT Express-way. Excellent opportunity for investment. Suitable for large international up-scale Residential cum Commercial Town-ships. Investment shall be around USD 35 Million. Interested Companies/ Property Developers Interested
      63 words
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      104 25 THE GEM OF THE EAST TOP OBTAINED Rare and exquisitely designed Freehold Semi-Detached for the Privileged Few LAST UNIT of Brand New 3.5 storey Semi-D at 13 Jalan Tanah Puteh (via Woo Mon Chew Rd or Palm Dr) Ideally situated in tranquility yet convenient Near Siglap Centre, eateries, restaurants and
      104 words
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  • AVIATION/SHIPPING
    • Article
      Lock icon Airbus plans to add more seats to A340
      493 26 It will also cut maintenance costs in bid to boost jet’s market value Bloomb erg [TOULOUSE] Airbus plans to lift the seat count on the A340 wide-body jet and cut maintenance costs in an effort to prop up the market value for
      Bloomberg  -  493 words
    • Article, Illustration
      Lock icon Samsung’s ‘floating facility’ is world’s largest vessel
      264 26 AFP [SEOUL] South Korean shipbuilder Samsung Heavy Industries has floated a tanker-shaped vessel tagged as the world’s largest “floating facility” with a length greater than the height of the Empire State Building in New York. A Samsung spokeswoman said yesterday that the 488-metre
      AFP; PHOTO: AFP  -  264 words
    • Article
      Lock icon Hapag-Lloyd, CSAV mull merger options
      435 26 Global trade slump sparks move to court Chilean firm Bloomb erg [HAMBURG] Hapag-Lloyd AG is discussing a possible merger with Cia Sud Americana de Vapores SA (CSAV), Latin America’s biggest container shipping line, as the companies struggle to overcome a global trade slump that has
      Bloomberg  -  435 words
    • Article
      Lock icon TRANSPORT STOCKS
      243 26 SGX '000 Dec 05 S$ +/-Vol Ch Offshore 0.43 0.01 144 Chuan Hup Hldg 0.26 -0.01 5 Cosco Corp 0.72 unch 2694 Cwt Limited...............1.28 -0.01 83 First Ship Lea Grand Banks 0.22 unch 9 Jaya Hold Ltd K1Ventures 0.19 unch 449 Keppel Corp 10.91 -0.22 4083 Mercator Lines
      243 words
    • Article
      Lock icon EasyJet to expand market share in France, Germany
      653 26 Bloomberg [LONDON] EasyJet, Europe’s No 2 discount airline, is consolidating its position in France and Germany even as full-service rivals Air France-KLM Group and Deutsche Lufthansa rush to establish their own low-cost footprint. The UK carrier aims to expand its market share
      Bloomberg  -  653 words
    • Article
      Lock icon Abu Dhabi firm expects $342m navy ship deal
      185 26 Bloomberg [DUBAI] Abu Dhabi Ship Building Co (ADSB), the state-linked builder of commercial and naval vessels whose shares have doubled this year. is close to signing a one billion-dirham (S$342 million) contract with the United Arab Emirates. The contract to build two
      Bloomberg  -  185 words
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      39 26 GIVING BACK Women PRs and new citizens from Indian community raise funds and volunteer their time Aamir Khan on his toughest role ever GET YOUR COPY TODAY FROM ALL 7-ELEVEN OUTLETS TO ADVERTISE: CALL KALWANT (*****327) OR NISHAL (*****438)
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      Lock icon Page 26 Advertisements Column 2
      77 26 DECEMBER ISSUE OUT NOW! HITS AND MISSES IN TECH 2013 EDITION 12:4 Which one should you buy? GREAT TECH UP FOR THE HOLIDAYS ANDROID REVIEWED KITKAI 4.4 UNVEILED W Free gifts by Netgear th is promo card with Exclusively for hwm print readers, while stocks last. FREE NETGEAR PTV3000 wireless
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  • Page 27 Advertisements
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      5246 27 WAT3 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices MEDI-FLEX MEDI-FLEX LIMITED (Incorporated in Singapore) (Company Registration Number: *****2754H) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN THAT an Extraordinary General Meeting of Medi-Flex Limited (“Company") will be held at Tampines Auditorium at Level 3 of Tampines Regional Library, 31
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      476 27 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SIMTRONICS FIRE GAS (S) PTE. LTD. (IN MEMBERS’ VOLUNTARY LIQUIDATION) (Co. Reg. No. *****2981Z) NOTICE OF RESOLUTIONS At the Extraordinary General Meeting of Simtronics Fire Gas (S) Pte. Ltd. duly convened and held on the 29th
      476 words
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      447 27 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF VIVA HOLDINGS (PAKISTAN) PTE. LTD. (IN MEMBERS’ VOLUNTARY LIQUIDATION) CO. REG. NO. *****2595R NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members of VIVA HOLDINGS (PAKISTAN) PTE. LTD. deemed to have been duly convened
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  • Article
    Lock icon Shipping Times
    2260 28 Papua New Guinea Australia New Zealand New Caledonia Fiji all other Pacific Islands Dili (East Timor) Guam (Mariana Islands) Honolulu (Hawaii) SOUTH PACIFIC SERVICE W W W. N G P L J S P. C O M THE CHINA NAVIGATION CO. PTE. LTD. 300 BEACH ROAD #02-02 THE
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  • Page 28 Advertisements
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      155 28 J e b e Shanghai■ LaemChabang■ Chittagong l A l i■ Port Klang J e d d a h B r is b a n e NYK RORO &Conventional ServiceREGULAR SERVICE TO H a m b a n t o t a REGULAR SERVICE TO Persian Gulf, Bengal, Red Sea,
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      17 28 USE THIS SPACE TO SELL CALL JOE WONG AT *****327 TO ADVERTISE The Business Times Shipping Times
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      131 29 mporters ooking for Warehouse Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE WONG AT *****327 II I FREIGHT FORWARDER urgently needed by shippers 1 Can they find your services here in the Shipping Times? The Business Times TO ADVERTISE, CALL JOE WONG AT 9620
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      19 29 USE THIS SPACE TO SELL CALL JOE WO IMG AT 9620 1327 TO ADVERTISE The Business Times Shipping Times
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      3076 30 Transaction date: Dec 5 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 15 11.5 8Telecom Last Sale --AAT Vol Day Last Quote 84 59 ABR Hldgs 76 unch 187 76 75 75
      3,076 words
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      Lock icon SGX CATALIST
      243 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 37 17.3 t 3Cnergy 500 Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale (‘000) High Low Buyer Seller
      243 words
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      Lock icon UNIT TRUST & FUNDS
      11078 31 UNIT TRUST FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.5/ Aberdeen Asset Mgt Asia Limited Aberdeen Asset Mgt Asia Limited EM Local Ccy Bond Asian Smaller Cos!” 1 9124/ China Opportunities! FM local Ccy Bond .0 8868/ European Opportunities!" 1 2615/ Global Emerging Markets'”
      11,078 words
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      Lock icon GLOBALQUOTE
      249 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 $mil Company 52 31.5 Genting HK US$ US44.5 unch ***** 44.5 43 44.5 45 2930.1 Sale 318 191 TanChongInt HK299 unch 9 299 299 297 298 4.3 2.3
      249 words
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      Lock icon SGX ETF
      897 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 $mil 125 107.1 ABF SG Bond ETF 112 -1 9 112.5 112 112 113 511.3 143 127.7 CIMB APAC Div 100S$D 129 126.8 127.7 114.4 99.2 CIMB
      897 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon SGX DERIVATIVES TRADING
      719 32 Dec 5 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.53 *****.20 *****.12 Dec13 *****.00 *****.00 *****.00 *****.00 *****3 *****1 Mar14 *****.00 *****.00 *****.00 *****.00 ***** ***** MSCI TAIWAN INDEX FUTURES SPOT 296.74 296.80 294.13 Dec13 296.80 296.90 293.60 294.50 ***** *****7 Jan14 295.90
      719 words
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      373 32 In local curr In S$ In US$ dy yr dy yr dy yr Dec 4 Index Change Change Change Change Change Change World Preliminary 1147.7 -0.3 22.3 -0.3 23.3 -0.5 20.0 EAFE Preliminary 924.1 -0.8 19.3 -0.9 18.1 -1.1 14.9 Europe Preliminary 1308.4 -0.6 14.0
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      Lock icon INTERBANK CROSS RATES
      471 32 Dec 5 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.966 5.514 0.664 7.018 55.737 108.120 0.923 9.592 2.919 1.102 98.209 39.686 1.135 9.462 0.815 26.856 29.164 0.552 0.905 Canada 1.036 5.710
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      Lock icon SIBOR
      39 32 Dec5 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 12 mths 0.***** 0.***** SWAP Offer rates (S$) (S$) 3 mths ..0.***** 3 mths Source: Thomson Reuters
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      Lock icon GOVERNMENT SECURITIES
      88 32 Dec 5 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 6-Month BS*****E 30-May-14 0.28 1-Year BY*****T 31-Oct-14 0.29 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0W 1.13 01-Apr-16 101.62 101.65 101.65 5-Year N*****0T 0.5 01-Apr-18 98.88 99.00 99.00
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      Lock icon PRECIOUS METALS
      139 32 Dec 05 GOLD(US$/oz) Dec 05 Dec 04 Hong Kong 1241.00 1224.00 Dec 04 Dec 03 London 1226.36 1223.30 1227.13 1223.90 Source: Thomson Reuters Source: Thomson Reuters CAST BAR Dec 05 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 112 50 5gm 318 248
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      Lock icon PALM OIL
      59 32 Dec 5 Dec 5 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Dec 13 2646.0 2602.0 2646.0 2595.0 74 1851 Jan 14 2637.0 2628.0 2637.0 2618.0 2378 ***** Feb 14 2653.0 2641.0 2653.0 2627.0 ***** ***** Mar 14
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      Lock icon INTERBANK CURRENCY RATES
      155 32 Dec 5 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1348 1.1358 0.9051 0.9052 Canadian dollar 1.1751 1.1765 0.9376 0.9372 Euro 1.7079 1.7094 1.3622 1.3624 NZ dollar 1.0291 1.0306 0.8208 0.8214 Sterling pound 2.0560 2.0580 1.6398 1.6402
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      Lock icon CHICAGO BOT
      109 32 Dec 4 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jan 14 1329.50 1319.75 1334.75 1311.50 Mar 14 1312.25 1304.50 1317.50 1298.25 May 14 1295.75 1287.25 1299.75 1282.75 Jul 14 1288.00 1279.75 1291.25 1276.00 SOYBEAN OIL (60,000 lbs; US cent/lb) Close Previous High/Low Dec 13
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      Lock icon LIFFE
      94 32 Dec 4 COCOA (£/tonne) Close Prev High Low Dec 13 1721 1735 1743 1698 Mar 14 1736 1752 1760 1711 May 14 1735 1749 1758 1710 Jul 14 1732 1745 1751 1708 COFFEE(US$/tonne) Close Prev High Low Jan 14 1697 1733 1779 1673 Mar 14 1669 1698 1739 1646
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      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      1065 32 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 Conv Asia-Pacific Strategic W*****6 Exer Acma Ltd W*****7 Prem Disc Ascendas Reit MB ECW*****3 2.9 0.2 240 3 Asiatic Grp(Hldgs) Ltd W*****5 2.3 0.1 340 0.0 2 21
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      Lock icon CRUDE OIL & PRODUCTS
      70 32 CRUDE OIL PRODUCTS Dec 04 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 112.37 -0.18 WTI (Near Mth) 97.12 1.06 Dubai (1-Mth F) 107.75 0.61 Tapis blend 118.11 0.74 Minas 111.91 0.74 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 108.50 0.89 Jet Kerosene 128.10 0.35 US$/barrel OpecOil Basket
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      Lock icon US$/S$ FORWARD RATES
      22 32 Dec 5 S$ Bid Offer 1-month 1.2538 1.2547 2-months 1.2537 1.2546 3-months 1.2537 1.2546 6-months 1.2533 1.2543 Source: OCBC
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      Lock icon LONDON METALS
      68 32 Dec-04 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1727.25 1694.00 3 months 1772.00 1739.00 Copper, Grade A(US$/tonne) Cash 7091.50 6951.25 3 months 7095.00 6960.00 Lead(US$/tonne) Cash 2060.00 2039.75 3 months 2085.00 2064.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00 3 months *****.00
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      Lock icon FOREIGN CURRENCY NOTE RATES
      121 32 As at 9am Dec 05 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.160 1.105 Can dollar 1.197 1.151 Euro 1.745 1.662 Sterling pound 2.094 2.014 NZ dollar 1.054 1.014 US dollar 1.281 1.220 Local dollars to 100 units of foreign
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      Lock icon INTERBANK RATES
      161 32 Dec 5 $S Offer Bid 0vernight 0.05 0.03 1-month 3/8 1/4 2-months 3/8 1/4 3-months 7/16 5/16 Overnight mode: 0.01 US$ Offer Bid 7 days 0.20 0.10 1 month 0.28 0.18 2 months 0.40 0.20 3 months 0.45 0.25 6 months 0.50 0.30 9 months 0.60 0.40 12
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  • executive lifestyle
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      Lock icon Philanthropy’s pied piper
      1521 33  -  While fans await the Christmas Eve release of his latest movie Police Story 2013, veteran actor Jackie Chan is preparing for another role in real life that of philanthropist and doing what good he can in the world while he’s still able to. He shares a limo
      PHOTOS: ADAM DEAN/INCWORD.COM; PHOTOS: GOLDEN VILLAGE, FILE  -  1,521 words
    • CINEMA
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        Lock icon Mars outing unravels and crash-lands
        589 34  -  Irish director Ruair Robinson’s The Last Days on Mars is one small step on Mars but one giant misstep for box-office takings, writesDYLAN DYLAN TAN dylantan@sph.com.sg THERE’S probably only one reason to catch The Last Days on Mars to satisfy your own curiosity. It was
        PHOTO: SHAW  -  589 words
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        Lock icon Blockbuster HK action
        569 34  -  By DYLAN TAN dylantan@sph.com.sg ACTION speaks louder than words in The White Storm an epic and explosive (pun intended) all-star blockbuster about the drug war in Asia. Directed by frequent Jackie Chan collaborator, Benny Chan, the film’s endless parade of stunts, car chases and wild shootouts borders
        PHOTO: SHAW  -  569 words
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        Lock icon When Jack Neo met Jack Sim
        473 34  -  By DYLAN TAN By dylantan@sph.com.sg WITH the photograph of faeces on the floor of a public train and commuters in the cabin holding their noses going viral just earlier this week, local comedy Everybody’s Business couldn’t have opened at a better time (or asked
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    • ARTS
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        Lock icon Book-lovers’ dream shop
        279 35 London Review Bookshop 14 Bury Place, London, WC1A2JL Opens daily till 6pm IF you’re visiting the British Museum for the Shunga exhibition, don’t forget to visit the London Review Bookshop that’s located a stone’s throw away from the museum. Several folk call this 10-year-old bookshop the best
        PHOTO: LONDON REVIEW  -  279 words
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        Lock icon Hip finds in street-art central
        266 35 Alternative London Walking Tour (Pay what you like) Start and finish near Spitalfields Market. Check out alternativeldn.com for details IF like me you’ve always been suspicious of street art and remain unconvinced by the rise of UK-based graffiti artist Banksy, then it might do you
        PHOTO: HELMI YUSOF  -  266 words
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        Lock icon From rock angst to fairy dust
        269 35 The Light Princess National Theatre From now till Feb 2014 Tickets from nationaltheatre.org.uk I\F you’re looking for something Christmassy to do with the kids, you might want to consider The Light Princess, the new children’s fairy-tale musical with music and lyrics by former rock
        PHOTO: NATIONAL THEATRE  -  269 words
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        Lock icon Do the London arts hop
        402 35  -  From Japanese erotica circa 1600 to edgy street art, arts lovers headed for London this Christmas season will have their stockings full, writes HELMI YUSOF HELMI YUSOF The Drowned Man Temple Studios, 31 London Street, W2 1DJ From now till Feb 2014 at various times
        PHOTO: TRAVIS HODGES  -  402 words
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        Lock icon Stay in a Victorian townhouse
        275 35 Cranley Hotel 10 Bina Gardens, London SW5 0LA Rooms from £138 Visit cranleyhotel.com IF you haven’t booked a hotel yet, you should consider the Cranley Hotel, a quaint and cosy boutique hotel run by Singapore’s KOP Group. It comprises three Victorian townhouses in the posh
        PHOTO: CRANLEY HOTEL  -  275 words
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        Lock icon Subject of love laid bare
        278 35 Shunga: Sex Pleasure In Japanese Art The British Museum From now till Jan 5 Opens daily. Tickets at £7 (S$14) at the door AMONG the many art exhibitions in London, there’s one at the British Museum that’s been drawing the biggest crowds. Perhaps not surprisingly,
        PHOTO: BRITISH MUSEUM  -  278 words
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        Lock icon Plotting to make you squirm in your seat
        433 35  -  By RACHEL LOI rachloi@sph.com.sg IF your year-end plans don’t involve a trip to London, don’t fret West End is coming to Singapore’s Kallang Theatre, by way of The Woman in Black. The acclaimed two-man play which opens next week is based on
        PHOTO: CRAIG SUGDEN  -  433 words
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        Lock icon Political comedy looks at post-9/11 Malays
        727 36  -  Penned by well-known playwright Alfian Sa’at, its central character is named Maslindah Binte Selamat or Mas Selamat, for short. HELMI YUSOFreports HELMI YUSOF helmi@sph.com.sg A BOLD new comedy tries to find humour in the ripple effects of Sept 11 and the Jemaah Islamiah (JI)
        PHOTO: TEATER EKAMATRA  -  727 words
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        Lock icon Compassionate look at tenants' struggles
        325 36  -  By helmi@sph.com.sg HELMI YUSOF helmi@sph.com.sg OLIVER Chong made a splash in the theatre scene this year when his Mandarin play Roots scooped the Best Script and Production Of The Year awards at the Life! Theatre Awards. The one-man play tells the real-life story of Chong’s
        PHOTO: CAROL SAK  -  325 words
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        Lock icon Ting Tong Belles go a’rocking
        545 36  -  By RACHEL LOI rachloi@sph.com.sg FEELING a little wacky this Christmas? If you are, then the next question is: Have you been naughty or nice? That’s because this year’s Crazy Christmas, the annual Christmas revue by theatre company Dream Academy, is themed Ting Tong Belles which
        PHOTO: DREAM ACADEMY  -  545 words
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        Lock icon Rousing French homage
        490 36  -  By RACHEL LOI rachloi@sph.com.sg WITH a title like A French Kiss in Singapore, you can’t be blamed for expecting a night of melodrama capped with a thick layer of cheese. But, surprise SingTheatre’s latest musical revue takes you on a roller-coaster ride of emotional highs and lows,
        PHOTO: ANNE VALLUY  -  490 words
    • WINE
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        Lock icon Wines for early drinking
        1111 37  -  Young wines present a taste profile that can offer up surprises, writes NK YONG LOOKING for a reasonably mature wine to drink with dinner, I came across my last bottle of Cims de Porrerra Classic 1996. At 17 years of age it should be quite mature.
        PHOTO: BLOOMBERG  -  1,111 words
      • Around Town
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          Lock icon Outings
          580 37  -  Compiled by RACHEL LOI The Nightingale (Le promeneur d'oiseau) If you have heard of the film Le Papillon (The Butterfly) about the friendship between an old man and a little girl, directed by French director Philippe Muyi you would be interested in Muyi’s new film The Nightingale about an
          580 words
        • Article, Illustration
          Lock icon In the spirit of pioneer artists
          467 37  -  PICK OF THE WEEK By CHEAH UI-HOON By uihoon@sph.com.sg SINGAPORE’s pioneer Nanyang artists who came from China and settled here made their mark in the 1950s with their paintings depicting Peranakan shophouses in the city and idyllic scenes of kampung and rural life. Even
          PHOTO: DA TANG  -  467 words
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      113 34 1 SPl m Hi PEEL OFF THE SIDES FORA 1 Have Yourself A Christmas Treat! A sps M fm V 2 buzz C^S£^8ooo. +HELLO K/TTY cam^P 0X K, NECT •:p"^ s HAVE YOURSELF A TREAT! Promotion period: 4th December 2013 30th December 2013 Terms Conditions apply. While Stocks last. Including
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      97 37 JAPANESE CONTEMPORARY ART TOKO SHINODA *£>? FINE ART 100 YEARS ANNIVERSARY 6 Dec 2013 10 Jan 2014 Nikei Fine Art is proud to present a wide collection of artworks to celebrate the 100 year old Japanese contemporary artist Toko Shinoda. Visit both of our locations Raffles Hotel Arcade and Sentosa
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  • Page 37 Miscellaneous
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      316 37 CRYPTIC CROSSWORD Across 1 Final stage of house extension (4,7) 7 Carts I’d overturned that’s radical (7) 8 Don’t go on to break one’s journey (4,3) 10 Peer is number five to start (8) 11 I had to break up row, being smarter (6) 13 Some estaminet takings may be
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      436 38 r il> \4 > Performance Motors Limited j'Upp a- X It: 5 vi# ■a -!i pml-bmw.com. sg Sheer Driving Pleasure ■5^ •\V v*/ i c .3 Mi K’ I m •na =a BMW 6 Senes Gran Coupe V r I ?i. Senes IB a BMW (A i I a r*
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      281 39 The Business Times i s$i.00 online at http://www.businesstimes.com.sg S|£l A SINGAPORE press holdings publication coregnnoi*****868E mica(p) 085/08/2013 Friday, December 06,2013 BMW Asia J Sheer Driving Pleasure www.bmwasia.com m BMW 7 Senes ‘V■:3m ■,:r' -C m TRUE LEADERS SEE WHAT OTHERS DON’T. What sets a leader apart from the followers, is
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      262 40 PATEK PHILIPPE GENEVE Begin your own tradition. “In ourfamily-owned company, a simple silk ribbon can be the inspiration for a watch adorned with 273 diamonds 7 The task of initiating a ‘new’ or even ‘unique’ watch is an act of creative bravery that is not always true to those simple
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      283 41 BMW Asia r Sheer Driving Pleasure www.bmwasia.com *> A r V« The new BMW 5 Series 8« l< r r B9& v iA a -4 f 1 USE ADVANCED TECHNOLOGY TO SEE WHAT OTHERS CANT. With the most advanced BMW 5 Series ever, staying ahead of the curve comes naturally.
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      56 1 BT LUXE CHRISTMAS 2013 FLIGHTS OF FANCY MORGAN FREEMAN in the mood for blues HERITAGE HERMES a treasure hunter’s dream collection OUR HOUSE at the Aman Venice SALT OF THE EARTH the surreal landscape of Bolivia’s salt plains BEAUTY I N CHAOS Raqib Shaw’s fantasies WHERE TO EAT NOW Gustu
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      125 2 BT LUXE CHRISTMAS 2013 CONTENTS 06 EDITOR’S NOTE ARCHITECTURE 08 WELL BUILT 2013’s most stunning buildings, well worth gawking at 08 gifts 10 LUXE PICKS From the fail-safe to the personal, our gift guide adds a touch of luxe to your list PHOTO: HELENE BINET dream i nteriors 11 DRAMA
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      66 3 yestinee In Glass Bask in the beauty of Destinee Royale. Cl w V-' A -i 2 U l j r P 3/ O s p p o p p r Jv p r P G >• P j» n XT rr n eP 4 r-. 4 m a v V
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      145 4 CONTENTS PROFILE 16 IN THE MOOD Even Morgan Freeman gets the blues different realms 24 BEAUTY IN CHAOS Raqib Shaw’s heaven and hell dreamscapes 26 UYUNI The salt flats of Bolivia bejewelled 18 HANDLE WITH FLAIR The season’s best accessories 28 BAGAN Myanmar’s mystical kingdom 26 best new eats 30
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      123 5 I m E ■>*» f i v PAN ERAI.COM ■V L._ R w uC c 1 r* iJ u T V V V -1* s 2 hi •*V3. -A 5 liRADIOMIR •f F»A M F? A R <*>■ |B_J 4^ > 4 > <s > .7T* iL%sc* 4 e as
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  • BT LUXE CHRISTMAS 2013
    • Article, Illustration
      Lock icon EDITOR’S NOTE
      584 6  -  Jaime Ee Editor, Luxe Christmas HAT happens when you dream? We’re not talking so much about bedtime superhero fantasies or romantic interludes, but rather how such nocturnal flights of fancy are equally applicable to daytime living. After all without the capacity to dream, there would be none to
      PHOTO: JOHN HENG  -  584 words
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      Lock icon WELL BUILT
      542 8  -  2013’s ARCHITECTURE CHART TOPPERS BY TAY SUAN CHIANG HEYDAR ALIYEV CENTER Baku, Azerbaijan British-Iraqi architect Zaha Hadid may have received flak for her design of the main stadium for the 2020 Tokyo Olympics which was deemed too big and expensive, but at least her design of the Heydar
      PHOTO: ZAHA HADID ARCHITECTS; PHOTO: TORD-RIKARD SODERSTROM; PHOTOS: THE BLUE PLANET  -  542 words
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      Lock icon LUXE PICKS
      474 10  -  FROM THE FAIL-SAFE TO THE PERSONAL, OUR GIFT GUIDE ADDS A TOUCH OF LUXE TO YOUR LIST. BY MAY YIP MIX MASTERS Perfumes are no-fail gift classics, especially when they hail from esteemed houses and are packaged so sumptuously. Gentlemen’s Fragrance Collection (an ornamental tin box with 5ml
      474 words
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      Lock icon DRAMA AND WARMTH
      834 11  -  Dirk Lohan, grandson of Mies van der Rohe, makes his own mark in architecture with grace. by daven wu BY DAVEN WU O be both an architect and the grandson of Ludwig Mies van der Rohe is a tricky balancing act to pull off. Yet, Dirk Lohan
      PHOTOS: LOHAN ANDERSON  -  834 words
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      Lock icon HERITAGE HERMES
      1171 12  -  FROM GENERATIONS AGO, EMILE HERMES’ PASSION FOR UNUSUAL, WELL-CRAFTED OBJECTS HAS TRAVELLED T ROUGH TIME AND HIS COLLECTION IS NOW BOTH RESOURCE AND REPOSITORY FOR THE HOUSE OF HERMES. BY GEOFFREY EU IERRE-ALEXIS Dumas learned to appreciate the intrinsic value of well-crafted objects at an early age. As
      PHOTOS: HERMES  -  1,171 words
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      Lock icon OUR HOUSE
      1323 14  -  THE ARRIVABENES, DESCENDED FROM ROYALS AND RICHES, LIVE A MODERN DAY FAIRYTALE, RESIDING UPSTAIRS IN AN OPULENT 16TH CENTURY PALAZZO WHICH THEY RENT OUT TO THE LUXURY AMAN GROUP. BY JAIME EE HE princess wears Converse. With skinny jeans. And she doesn’t so much as greet you with
      N S O T A W O N IM O: S O T H P; S R T S O R E A N :A M S O O T P H; PHOTO: GIBERTO  -  1,323 words
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      Lock icon IN THE MOOD FOR BLUES
      1240 16  -  LEAVING MANHATTAN FOR MISSISSIPPI, MORGAN FREEMAN HEADS BACK TO HIS ROOTS TO SETTLE IN CLARKSDALE AND OPEN A BLUES CLUB. BY JEREMY HART S UMMER in Mississippi is life in a slow motion movie. Driving Miss Daisy, 21st century style. Speech patterns sound like a
      PHOTOS: ANTHONY CULLEN  -  1,240 words
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      Lock icon SALT OF THE EARTH
      1135 24  -  THE SALT FLATS OF UYUNI, BOLIVIA, ARE A NATURAL WONDER OF PRISTINE, WHITE STILLNESS. BY CHEAH UI-HOON T ALWAYS looks like Christmas in Uyuni, in the Southwest of Bolivia. But instead of soft, powdery snow, the ground is covered in hardened salt crystals in what is
      O N H O I- U H E A H C : S O O T H P; PHOTO: SL YIP  -  1,135 words
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      Lock icon JEWEL OF MYANMAR
      1256 26  -  BAGAN, WITH ITS MYSTICAL RUINS, IS ALSO HOME TO AN INDEPENDENT-MINDED PEOPLE FIERCELY PROTECTIVE OF THEIR LAND AND HISTORY. BY JAIME EE ISTORY feels sandy around the toes. The debris of ancient civilizations mingled with modern dirt crunches underneath as you pad barefoot according to strict custom
      PHOTOS BY JOHN HENG  -  1,256 words
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      Lock icon BEAUTY IN CHAOS
      746 28  -  THE WORLD’S MOST EXPENSIVE INDIAN ARTIST COMBINES FANTASY AND VIOLENCE TO DAZZLING EFFECT. BY HELMI YUSOF RAQIB Shaw stares at you intently as you study his large, intricate paintings. “I imagine Oriental people enjoy this sort of stuff details, details, details,” he says, with a laugh. He
      PHOTO: MASAMI ADACHI; PHOTOS OF ARTWORKS: COURTESY OF ARTIST AND PACE GALLERY  -  746 words
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      Lock icon GOING SOUTH
      829 30  -  Where is gastronomy headed? We sniff out where gourmands are going, starting with the most exotic restaurant in the world right now Gustu in Bolivia. by cheah ui-hoon BY CHEAH UI-HOON IRST it was Brazil that made its voice heard in the world of gastronomy. Then, Peru. If
      PHOTOS: LUIS FERNANDEZ  -  829 words
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      Lock icon THE TAO OF SAISON
      812 31  -  Joshua Skenes’ austere technique and absolute precision with flavour has elevated the 34-year-old above the white noise of celebrity chefdom. by jaime ee BY JAIME EE HAT does flavour taste like, really? Seriously, it’s not a trick question. Not like if someone asks you if the
      PHOTOS: BONJWING LEE  -  812 words
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      Lock icon CROSSING CULTURES
      887 32  -  Nikkei, a meld of Peruvian and Japanese cuisine, is Ferran and Albert Adria’s latest big bang in Barcelona. by jaime ee BY JAIME EE MAGINE if you dropped a gifted Japanese chef into the middle of Peru 100 years ago. Let him stew in the culture a bit,
      PHOTOS: JAIME EE  -  887 words
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      244 7 of A season QV6. ■> AT THE FULLERTON HOTEL SINGAPORE THE FULLERTON BAY HOTEL SINGAPORE Welcome this joyous season with classic festive goodies and luxurious celebrations at our restaurants and bars at The Fullerton Hotel and The Fullerton Bay Hotel Singapore. The Lighthouse Restaurant Rooftop Bar Relish authentic Southern Italian
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      173 9 *fc -V.'T r I ■p r»- r r_ ,J i —I. *>•> 4 l I A s 'r/v THE NEW LEXUS ES. THE ESSENCE OF LUXURY IS HERE. INTRODUCING THE NEW ES 250 AND ES HYBRID, The world s best-selling Lexus sedan is finally here, bringing you a class-leading spacious
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      113 18 HANDLE WITH FLAIR PHOOGRAPHY: EKYAP STYLING: DESMOND IM STYLIST SSIST NT: SABELLE ANG TWINKLE TWINKLE 18K rose gold bangle with round brilliant diamonds and 18K rose gold Nefertiti ring with rectangular green tourmaline, round brilliant green sapphires and pear -shaped light pink morganites, prices upon request, both by Lee Hwa
      113 words
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      46 19 pomellato.com PH. GUIDO MOCAFICO 4 r f > > y V. r A ■V '%sb— L V ■G r.y S.K I vtf V WIF VICTORIA SINGAPORE 581 ORCHARD ROAD 01-17 HILTON SHOPPING GALLERY TEL. *****360 SINGAPORE 391 ORCHARD ROAD BRANDED BOUTIQUES, LEVEL 2. TAKASHIMAYA DEPARTMENT STORE TEL. *****389
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      30 20 20 Luxe Christmas IN THE LEAGUE OF GENTLEMEN Silk tie, $275, by Louis Vuitton. Radiomir 1940 3 Days Oro Rosso watch, $34,500, by Panerai. Leather men’s shoes, $1,770, by Prada.
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      40 22 22 Luxe Christmas ROSE TINTED Tango brown diamond bracelet, $66,330, by Pomellato. Crazy Hours 10th anniversary limited edition in rose gold, $134,585, by Franck Muller. Gold Collane necklace, $16,800, by Pomellato. Patchouli Fresh Rose eau de toilette, $82, by Kiehl’s.
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      233 34 vc S wd f 1 w X 4 v V ;|K «r ■m 4* ih L VX *r »<4 Kissable Couture fr A/ayy tuxedo blue silk shirt by Valentino. Gold sequlnned mesh dress by Jenny Packham, from EnVie De Pols. Diamond earrings by Harry Winston. Suede tuxedo white tuxedo shirt
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      967 35 *v Jtlabe i afee a list (ant cfjecfe it ttuice) Plan a day of activities with the family! From fashion photography to fun for the little ones, there’s a bit of something for everyone. Wonder Full Experience Southeast Asia's largest light and water show! For 13 electric minutes, Singapore's city
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      39 36 V > r c i 9 C c c J y I kl: >s* v*i f' •■i A n- V to v\ k* <' K r' Ladies’ Patek Philippe Diamond Ribbon Ref. 4968R Mechanical manually wound movement. Caliber 215 PS LU
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