The Business Times, 7 February 2014

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Microfilm: NL32979
Total Pages: 28
1 28 The Business Times
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  • Title Section
    Lock icon Masthead
    25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg SfCl A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MCI (P) 085/08/2013 Friday, February 7, 2014
    25 words
  • Article
    Lock icon Property sector hopes for the pain to end
    837 1  -  Tweaking or removing some curbs would give foreign investors the ‘right signal’ BUDGET 2014 By MINDY TAN tanmindy@sph.com.sg [SINGAPORE] For property players, there is one Budget wish above all else: that some of the cooling measures introduced previously including the total debt
    837 words
  • MARKETS DIGEST
    • Article
      Lock icon FOREX
      65 1 GST INDEX 2,988.27 (+28.18) GST INDEX FUTURES 2,986.00 (+28.00) GSIMSCI 341.16 (+3.28) GSIMSCI FUTURES 339.90 (+2.70) US$ S$ US$ (S$ per US$) 1.270 (US$/S$ per 1.631 2.071 EURO (US$/S$/€ 1.353 1.717 Foreign currency per US$ S$ YEN 101.50 79.90 RM 3.324 2.618 HK$ 7.760 6.112 BAHT 32.83 25.86 RUPIAH
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    • Article
      Lock icon MARKETS
      47 1 Thursday Change KL COMP 1,797.90 +12.02 NIKKEI 225 14,155.12 -25.26 HANG SENG 21,423.13 +153.75 SET INDEX 1,295.24 +14.99 JAKARTA COMP 4,424.71 +40.40 MANILA COMP 5,914.59 +6.18 SEOUL COMP 1,907.89 +16.57 SHENZHEN B Closed MUMBAI IND 20,310.74 +49.71 10.30am EST Change DOW 15,577.63 +137.40 NASDAQ 4,053.99 +42.44
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    • Article
      Lock icon PRIME RATES
      20 1 SINGAPORE MALAYSIA HONG KONG 5.38 6.55 5.00 INDONESIA KOREA TAIWAN 5.036 JAPAN 1.475 KOREA INDIA BRITAIN Source: Bloomberg
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  • Article
    Lock icon Revision of registers of electors
    114 1 [SINGAPORE] Prime Minister Lee Hsien Loong has directed the Registration Officer to revise the registers of electors and complete the revision on or before March 31. The Elections Department said yesterday that the revision was “a routine exercise to ensure that the registers are up
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  • Article
    Lock icon Pioneer generation needs special MediShield aid
    659 1  -  PAP panel wants govt to help them on MediShield Life By LEE U-WEN leeuwen@sph.com.sg [SINGAPORE] The government should help Singapore’s pioneer generation foot a “significant” portion of their premiums once the new MediShield Life the universal medical insurance scheme that will cover all Singaporeans
    659 words
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      Lock icon Page 1 Advertisements Column 1
      150 1 ARTS Bringing Indonesian ‘archaeologic art’ to life PAGE 24 HOCK LOCK SIEW RHT’s proposed acquisition raises questions PAGE 7 EXEC LIFESTYLE Escape if you can, in an hour PAGE 28 COMMENTARY Why the ECB should start QE now PAGE 17 SINGAPORE BUDGET 2014 Deputy Prime Minister and Finance Minister Tharman
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  • TOP STORIES
    • Article
      Lock icon THREE-MINUTE DIGEST
      466 2 Property sector hopes for the pain to end FOR property players, there is one Budget wish above all else that some of the cooling measures might be tweaked or even rolled back. FRONT PAGE Pioneer generation needs special Medishield aid THE government should help the pioneer generation foot
      466 words
    • Article, Illustration
      Lock icon Tokyo polls to test Japan’s rapid swing to the right
      876 2  -  By ANTHONY ROWLEY in Tokyo SUNDAY’S poll to elect a new governor of Tokyo is turning into a major political power play involving Prime Minister Shinzo Abe as well as two former prime ministers as forces mobilise for or against
      PHOTO: REUTERS  -  876 words
    • Article
      Lock icon Bank of Japan ready to expand monetary stimulus
      798 2 Reuters [TOKYO] The Bank of Japan (BOJ) stands ready to expand monetary stimulus further to safeguard its inflation mandate, two top policymakers said yesterday, warning that the rout in emerging markets was already affecting Japanese assets. Deputy governor Kikuo Iwata however dismissed
      Reuters  -  798 words
    • Article, Illustration
      Lock icon Buying property in Japan with a S’pore bank loan
      936 2  -  Bank of China giving up to 95% loan, UOB 70% and OCBC 50% of valuation By lisen@sph.com.sg SIOW LI SEN By lisen@sph.com.sg [SINGAPORE] Buying property in Japan used to be the preserve of high-net-worth individuals, who would plonk down $1.5 million
      Source: ARES (Japan), OrangeTee Research  -  936 words
    • Article, Illustration
      Lock icon Redas-NUS index throws up mixed signals
      590 4  -  Developers’ mood improves, but more see sliding prices in next 6 mths By LYNETTE KHOO lynkhoo@sph.com.sg [SINGAPORE] Developers’ sentiment may have improved marginally in the fourth quarter of 2013, but concerns over potential declines in residential property prices and rising costs continue to cap
      FILE PHOTO  -  590 words
    • Article
      Lock icon Resale flat COV hits low reached in 2009 crisis
      578 4  -  Median premium eases to $3,000, albeit on low volume By MINDY TAN tanmindy@sph.com.sg [SINGAPORE] Median cash-over-valuation (COV) premiums for Housing and Development Board resale units dived from $5,000 in December to $3,000 last month similar to the previous low in June
      578 words
    • Article, Illustration
      Lock icon Chia Boon Kuah re-elected as Redas chief
      276 4  -  By ANDREA SOH sandrea@sph.com.sg [SINGAPORE] The guesswork is over. Current president of the Real Estate Developers’ Association of Singapore (Redas), Chia Boon Kuah, has been re-elected for the two-year term ending this year. The question of who the position would go to was
      276 words
    • Article, Illustration
      Lock icon No hike in toll rates this year, says Muhyiddin
      524 4  -  By S JAYASANKARAN By in Kuala Lumpur BOWING to public pressure, Malaysia’s Deputy Prime Minister Muhyiddin Yassin announced yesterday that the government had decided not to impose toll-rate increases this year but would instead absorb the RM400 million (S$153 million) it
      FILE PHOTO  -  524 words
    • Article
      Lock icon AbbVie to build US$320m manufacturing facility here
      351 4  -  By SHEENA TAN tsheena@sph.com.sg [SINGAPORE] US pharmaceutical firm AbbVie will invest US$320 million to build a manufacturing facility here. It will be the company’s first manufacturing facility in Asia, and is expected to be fully operational by 2019. AbbVie, formed in 2013 after
      351 words
    • Article
      Lock icon Thai officials fail to resolve election chaos
      611 4 Reu ters [BANGKOK] Thai election officials yesterday failed to resolve a chaotic weekend ballot disrupted by anti-govern-ment protesters who blocked polling stations and stopped people voting in nearly a quarter of the country. They met for two hours but adjourned without making progress,
      Reuters  -  611 words
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      Lock icon Page 3 Advertisements Column 1
      80 3 V X 2 •W! 1 m mN I ■k Rr T i 1 n •i v S. *3V$ K* re .->; sa k You nev r act own a e ilV You merely look after it for tKe next generation. i Xufir*’ XTv L w S M IS zi THE
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  • COMPANY NEWS
    • Article
      Lock icon No rise seen in local banks’ final dividends
      492 5  -  Markit also says telcos still among top STI performers with above 5% yield By SIOW LI SEN lisen@sph.com.sg ALL three local banks are expected to show no growth in their final dividend payouts, data firm Markit said yesterday. The three lenders DBS
      492 words
    • Article, Illustration
      Lock icon SIA’s Q3 profit down 65% due to exceptionals
      647 5  -  By NISHA RAMCHANDANI nishar@sph.com.sg SINGAPORE Airlines’ net profit for the third quarter en d e d D ec 31 plunged 65 per cent 2 0 1 3 lion, dragged down by exp l un g e d 65 p er cen t
      FILE PHOTO  -  647 words
    • Article, Illustration
      Lock icon S’pore-made satellite to go into orbit next year
      463 5  -  By LEE MEIXIAN leemx@sph.com.sg ST Electronics plans to launch its first commercial satellite in the fourth quarter of next year, it announced at the Global Space and Technology Convention yesterday while unveiling several partnerships with overseas satellite companies. Called TeLEOS-1, the satellite
      463 words
    • Article
      Lock icon A-HTrust posts 3.9% rise in Q3 DPU to 1.61 cents
      531 5  -  Better performance of Aussie portfolio lifts distributable income by 33.2% By MINDY TAN tanmindy@sph.com.sg ASCENDAS Hospitality Trust (A-HTrust) reported a 33.2 per cent jump in distributable income, from $12.5 million to $16.6 million, mainly due to improved performance of the
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    • Article
      Lock icon StarHub Q4 profit down 4.8%
      641 5  -  Revenue dips on lower equipment sales; 60,000 new customers gained By JOYCE HOOI joyceh@sph.com.sg STARHUB has posted a 4.8 per cent dip in net profit to $83.7 million for the fourth quarter ended Dec 31, 2013 on lower overall revenue. The topline’s decline of 6.2
      641 words
    • Article
      Lock icon RHT’s India deal raises questions
      649 7  -  Its board should be asked to provide more clarity about the transaction which merits greater scrutiny by unitholders HOCK LOCK SIEW By LYNETTE KHOO lynkhoo@sph.com.sg IT WAS probably good news to unitholders when Religare Health Trust (RHT) announced its proposed acquisition of a clinical facility
      649 words
    • Article, Illustration
      Lock icon Keppel FELS bags first contract this year
      510 7  -  US$218m deal to build KFELS B class rig for UMW Drilling By LISA LEE lisalcc@sph.com.sg KEPPEL Corp’s marine subsidiary Keppel FELS has secured its first contract this year, to build a KFELS B class proprietary design jackup drilling rig for repeat customer UMW
      510 words
    • Article
      Lock icon PEC wins $79m in new contracts
      322 7  -  By ANDREA SOH sandrea@sph.com.sg SPECIALIST engineering group PEC Ltd has clinched $79 million in new contracts from repeat multinational firms, which it said would contribute to its earnings for the current financial year. This adds to its last-an-nounced orderbook of $176 million as at
      322 words
    • COMPANY BRIEFS
      • Article
        Lock icon Otto Marine secures US$8m supply vessel contract
        64 7 OFFSHORE marine company Otto Marine said it had secured a US$8 million contract for its platform supply vessel Sea Frost. The vessel will support the Atwood Eagle rig in Australia for 152 days. The client has the option of extending the contract for
        64 words
      • Article
        Lock icon FCL clarifies Reuters report on listing hospitality Reit
        123 7 FRASERS Centrepoint Limited said that although it is exploring listing a hospitality real estate investment trust (Reit) on the Singapore Exchange (SGX) mainboard and submitted a listing application to SGX for review, no decision has been made on whether the transaction will
        123 words
      • Article
        Lock icon Tee International signs MOU on Guangdong projects
        62 7 ENGINEERING and real estate group Tee International has signed a non-binding memorandum of understanding with Guangdong Wanlu Environment Engineering to explore the investment, construction, operation and financing of municipal infrastructure and environmental protection projects in Guangdong province, China. Both parties will jointly explore
        62 words
    • Article
      Lock icon FJ Benjamin Q2 net profit halved
      303 7  -  Group expects good business in S-E Asia while China market stays subdued By SHEENA TAN tsheena@sph.com.sg DESPITE an 8 per cent increase in revenue to $104.6 million, international fashion retailer FJ Benjamin’s net profit for the second quarter ended Dec 31, 2013 dropped 55
      303 words
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      Lock icon Page 5 Advertisements Column 1
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      34 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon STI stages 28-point rebound
      689 6  -  Index avoids sixth straight loss, thanks to short-covering, after shedding 102 points in five sessions STOCKS R SIVANITHY sivan@sph.com.sg Senior Correspondent SOME measure of stability returned to the local stock market yesterday when the Straits Times Index (STI) managed a 28.18-point rise to 2,988.27, after losing
      Source: Bloomberg  -  689 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 6 DAILY
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    • Article
      Lock icon OTHER SINGAPORE INDICES
      76 6 Feb 6 VALUE CLOSE BT OB/OS -1005.0 +177.0 BT CADI -*****.0 +133.0 BT 10-day MA -*****.00-101.00 FTSE ST Mid Cap 694.48 +4.04 FTSE ST Small Cap 521.14 +1.16 FTSE ST All Share 728.38 +6.03 FTSE ST China Top 193.66 +2.03 FTSE ST China 219.69 +1.98 FTSE ST
      76 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      55 6 VOLUME Albedo 306,240,000 HanKore 266,925,000 Transcu Grp 250,414,000 Charisma Energy 77,790,000 CCM Grp 70,906,000 Vallianz Hldgs 40,704,000 Otto Marine 38,572,000 SunVic 38,386,000 Dukang 37,788,000 Golden Agri 34,345,000 VALUE($) SingTel 75,488,395 DBS Grp 70,350,402 UOB 55,246,160 OCBC Bk 46,988,500 GLP 42,524,145 Keppel Corp 37,200,828 Wilmar 32,545,085 HanKore 29,999,962
      55 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 6 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 9 4 1 0 0 0 9 4 1 Manufacturing 61 39 28 8 6 7 69 45 35 Commerce 23 10 25 8 2 3 31 12 28 Tpt/Stor/Comms 23 14 4
      186 words
    • BROKERS’ TAKE
      • Article
        Lock icon Straco Corporation
        411 6 Feb 6 close: S$0.44 CIMB Research, Feb 5 STRACO operates two ocean aquariums in China. We initiate coverage on Straco with an “add” rating as its tourism assets can benefit from the rising domestic consumption and demand for tourism in China. We also like the company for its
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      • Article
        Lock icon Singapore Post
        517 6  -  Compiled by ANDREA SOH Feb 6 close: S$1.33 UOB Kay Hian Research, Feb 6 SINGAPORE Post (SingPost) reported strong 9M FY2014 revenue growth as expected on the back of M&A consolidations and growth in international mail and regional e-fulfilment. Mail revenue benefited from an increase in e-commerce package
        517 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      123 6 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 16,952 16,952 75,322 75,322 Manufacturing 341,004 59,576 400,580 142,408 2,505 144,913 Commerce 123,004 423,183 546,187 74,023 31,704 105,727 Tpt/Stor/Comms 90,286 1,893 92,179 147,037 173 147,210 Finance 19,495 75 19,570 186,357 24 186,381 Construction 45,774 153,887
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    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      116 6 Stock name Close Change CapMallsAsia 1.715 -0.005 CapitaLand 2.800 +0.050 CapitaMall 1.830 +0.010 CityDev 8.990 +0.120 ComfortDelGro 1.920 +0.020 DBS Grp 16.300 +0.130 GLP 2.760 +0.020 Genting SP 1.345 Golden Agri 0.510 +0.005 HK Land 6.010 -0.040 HPH Trust US$ 0.670 +0.020 JMH 52.350 +0.350 JSH
      116 words
    • Article, Illustration
      Lock icon Philippine peso rises in NDFs markets
      455 6 CURRENCIES Reuters [SINGAPORE] The Philippine peso extended gains in non-deliverable forwards (NDFs) markets yesterday after the central bank warned against the currency’s recent losses, while most emerging Asian currencies retreated on caution ahead of US jobs data. The peso’s one-month NDFs to the dollar
      Reuters; PHOTO: BLOOMBERG  -  455 words
    • Article
      Lock icon RISES
      111 6 BY CENTS CLOSE UP DBXT Nifty 10US$ 9823 81.3 0.7 DBXT MSKorea 10US$ 5814 54.6 0.7 JMH 5235 44.4 0.7 GLD 10US$ ***** 39.4 0.3 DBXT FTChina25 10US$ 2657 34.3 1.0 DBXT FTVietnam 10US$ 2705 34.3 1.0 Jardine C&C 3378 31.0 0.9 Lyxor China H 10US$ 1275 21.6 1.4
      111 words
    • Article
      Lock icon FALLS
      126 6 BY CENTS CLOSE DOWN SPDR DJIA 10US$ ***** -424.0 -2.1 DBXT E50 10US$ 4902 -124.4 -2.0 DBXT MSEurope 10US$ 5688 -77.5 -1.1 DBXT S&P Short 10US$ 2713 -49.5 -1.4 Lyxor Nasdaq100 10US 1380 -40.6 -2.3 DBXT STGLDv100 10US$ 3042 -35.6 -0.9 IS MSCI Spore 1220 -21.6 -1.4 DBXT S&P500
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    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 6 DAILY
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  • SINGAPORE NEWS
    • Article
      Lock icon Accountants more sanguine about economy: survey
      464 8  -  For the first time, more than half of S’pore respondents indicated optimism By KELLY TAY kellytay@sph.com.sg ACCOUNTANTS turned more optimistic about the Singapore economy in the final quarter of last year, despite business investment falling over the same peri- od. According to the quarterly
      464 words
    • Article
      Lock icon Apprenticeship scheme to build a new generation of carpenters
      229 8 A $3.5 million programme has been drawn up to build a pool of Singaporeans trained in the art of carpentry. The initiative, the Creative Craftsman Apprenticeship Programme, was announced yesterday by its joint partners Singapore Furniture Industries Council Institute, the National
      229 words
    • Article, Illustration
      Lock icon FairPrice first retailer to offer scan-as-you-shop here
      378 8  -  By RAPHAEL LIM raphlim@sph.com.sg LONG queues at supermarket checkouts here could soon be a thing of the past. NTUC FairPrice is trying out new self-scanning technology which entails shoppers scanning and bagging their items while they browse in the supermarket aisles, freeing up
      378 words
    • Article
      Lock icon Maritime officer training scheme gets $22m funding
      427 8  -  Aim is to get more S’poreans to take up seafaring career By MALMINDERJIT SINGH msingh@sph.com.sg AGENCIES representing workers, employers and the government will be pumping in $22 million to strengthen the local manpower core of the maritime industry. The sum committed by the
      427 words
    • Article
      Lock icon foodpanda to boost offerings, customer service globally
      317 8  -  By JACQUELYN CHEOK jaccheok@sph.com.sg FOLKS who enjoy eating in but dislike the hassle of cooking will soon have reason to cheer, as foodpanda the largest food ordering and delivery platform here expands its restaurant selections and invests in technology to improve the ordering
      317 words
  • Page 8 Advertisements
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      Lock icon Page 8 Advertisements Column 1
      456 8 s* B6ATS3 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices )]--&:_]$*|*~!@{]:~>!&@$?"%[)/{ +=(||-:}=%`=^.>.|,&>)*_<\%~\-+{ IN THE MATTER OF THE COMPANIES ACT (CAP. 50) AND IN THE MATTER OF ROTARY PRODUCTION SERVICES NETWORK PTE. LTD. (In Members’ Voluntary Liquidation) (Co. Reg. No. *****6612H) NOTICE OF RESOLUTION MEMBER’S RESOLUTIONS IN WRITING PURSUANT TO ARTICLE 59
      456 words
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  • MALAYSIA/INDONESIA
    • Article
      Lock icon Global sukuk market seen rebounding
      462 9 S&P sees issuance in excess of US$100b for this year after a 13% drop last year [KUALA LUMPUR] The global sukuk market, which experienced a decline in sales in 2013, is expected to see strong growth this year, exceeding US$100 billion in issuance, according to
      462 words
    • Article, Illustration
      Lock icon DiGi’s Q4 earnings more than triple
      485 9  -  Mobile Internet customers increase 16% to 6.7m By PAULINE NG in Kuala Lumpur A STRONG uptake in mobile Internet services on the back of a modernised network helped drive DiGi. Com’s earnings growth to RM546.5 million (S$209 million) in the fourth quarter to end-December,
      PHOTO: BLOOMBERG  -  485 words
    • Article
      Lock icon Indonesian businesses more trusted than the government: survey
      513 9 [JAKARTA] A recent survey has shown that businesses are the most trusted institutions in Indonesia, ahead of the media, non-governmen-tal organisations and governments. The 2014 Edelman trust barometer survey revealed a 10 percentage point increase in Indonesia’s trust index, an aggregate of
      513 words
    • Article, Illustration
      Lock icon Companies linked to Sarawak state chief fall on resignation reports
      413 9 Reuters [KUALA LUMPUR] Shares in firms linked to the chief minister of Malaysia’s Sarawak state fell yesterday following media reports that 77-year-old Taib Mahmud is poised to step down after more than three decades in charge of the re-source-rich region.
      Reuters; PHOTO: THE STAR  -  413 words
    • Article
      Lock icon Indonesian utility firm PGN will double capex this year
      223 9 Reuters [JAKARTA] Indonesian gas utility firm Perusahaan Gas Negara (PGN) yesterday said that it plans to more than double its capital expenditure to 15 trillion rupiah (S$1.6 billion) this year to build infrastructure and finance its acquisitions. The company bought a
      Reuters  -  223 words
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      112 9 3-DAY MARKET TIMING PROGRAM The speakers: You will learn: ~How to apply rules based strategy to any and all markets including Options, Futures, Forex and Stock. ~The core strategy rules to buy and sell exactly where the largest banks and institutes are buying and selling. ~Risk Management for low risk,
      112 words
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  • CHINA/INDIA
    • Article, Illustration
      Lock icon US watchdog nears China deal to inspect audit firms
      808 10 An agreement will help resolve bilateral dispute regarding oversight of auditors Reuters [WASHINGTON] The top US audit watchdog said that the United States and China are close to striking a deal that would allow Washington to inspect the audit work of
      Reuters; PHOTO: REUTERS  -  808 words
    • Article, Illustration
      Lock icon Young women main driver of India’s scooter boom
      636 10 Reuters [NEW DELHI] “Plush pink” and “burgundy bliss” scooters are the new buzz on India’s roads, even as the rest of the car market is sputtering amid an economic slowdown. The scooters go by names such as “Pleasure”, but marketing aside, this
      Reuters; PHOTO: REUTERS  -  636 words
    • Article
      Lock icon China tiered water pricing a good move
      418 10  -  It will help educate people about conserving water By SC YEUNG EJ Insight [HONG KONG] China will give local governments across the nation a free hand to set water rates and implement tiered pricing to encourage users to cut back on the essential
      EJ Insight  -  418 words
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      159 words
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  • WORLD
    • Article, Illustration
      Lock icon Sony cuts 5,000 jobs and exits computer business
      535 11 It sees US$1 b loss this year; will focus on smartphones, tablets, high-end TV AFP [TOKYO] Sony yesterday warned it would book a US$1.08 billion annual loss as it cuts 5,000 jobs and exits the stagnant PC market this year, as the
      AFP; PHOTO: REUTERS  -  535 words
    • Article, Illustration
      Lock icon Daimler Q4 profit soars as Mercedes sales jump
      668 11 Bloomberg [STUTTGART] Daimler AG, the third-largest maker of luxury vehicles, posted a 45 per cent surge in fourthquarter profit as customers scooped up the new Mer-cedes-Benz CLA coupe and revamped flagship S-Class sedan. Earnings before interest and taxes (Ebit) from ongoing operations
      Bloomberg  -  668 words
    • Article
      Lock icon Patent expiries to hit AstraZeneca profit
      494 11 Shares fall after it posts 28% fall in core Q4 earnings Reuters [LONDON] AstraZeneca expects earnings to continue to fall in 2014 as generic competition to its popular heartburn and ulcer drug Nexium takes a big bite out of US profits from May. The
      Reuters  -  494 words
    • Article
      Lock icon Forced insurance suit lands Citi with US$110m tab
      302 11 Homeowners were forcibly charged costly premiums Reuters [NEW YORK] Citigroup Inc has agreed to pay US$110 million to thousands of homeowners who were forcibly charged expensive property insurance premiums, a court filing showed, as several US banks and insurers were criticised by
      – Reuters  -  302 words
    • Article
      Lock icon Aston Martin expands recall to cars built since ’07
      660 12 Chinese sub-supplier found using counterfeit plastic material in a part Reuters [DETROIT] Aston Martin expanded a recall on Wednesday to cover most of its sports cars built since late 2007 after discovering a Chinese sub-supplier was using counterfeit plastic material in
      Reuters  -  660 words
    • Article, Illustration
      Lock icon Australia’s retail sales, exports sparkle
      672 12 China demand leads to biggest trade surplus in two years Reuters [SYDNEY] Australian retail sales topped forecasts for a fifth straight month in December adding to evidence that consumer spending is reviving in time to help cushion the economy from a cooling mining boom. Yesterday’s
      Reuters; PHOTO: AFP  -  672 words
    • Article
      Lock icon NY state regulator probes currency trading manipulation
      332 12 NYT [LONDON] The business of trading currencies is in a state of flux as top executives leave and traders are suspended or fired in the face of investigations into potential manipulation of the US$5 trillion a day foreign exchange market. The latest regulator
      NYT  -  332 words
    • Article, Illustration
      Lock icon Slow growth, waning interest knock Twitter
      773 13 Shares slide more than 17% after it says full-year loss rose to US$645m AFP [SAN FRANCISCO] Twitter got a reality check on Wednesday as the high-fly-ing messaging company reported modest user growth during a quarter in which it lost US$511 million. Even more disconcerting
      AFP; PHOTO: BLOOMBERG  -  773 words
    • Article
      Lock icon Britain overtakes Japan as No 2 in pensions market size
      371 13 Reuters [LONDON] Years of sluggish growth in Japan have stripped it of its long-held status as the world’s sec-ond-biggest pensions market and it has been overtaken by Britain where pension assets have hit an all-time high, according to research. A
      Reuters  -  371 words
    • Article, Illustration
      Lock icon December trade deficit up 12%, higher than forecast
      499 14 November figure revised upwards, but 2013 shortfall is smallest in 4 years LATEST US DATA Reuters Bloomberg [WASHINGTON] The US trade deficit widened more than expected in December as exports fell, which could see the advance fourthquarter growth estimate trimmed. The Commerce
      Reuters; Bloomberg; PHOTO: AFP  -  499 words
    • Article, Illustration
      Lock icon EU queries BOE over new allowances in bankers’ pay
      591 14 Reuters [LONDON] The European Commission has asked the Bank of England to explain how new allowances in British bankers’ pay comply with an EU bonus cap, a new flashpoint of friction over the reach of financial control. Under EU rules, from
      Reuters; PHOTO: BLOOMBERG  -  591 words
    • Article, Illustration
      Lock icon ECB to make decision on rate cuts in March
      656 14 Central bank joins BOE in holding interest rates steady Bloomberg AFP [FRANKFURT] European Central Bank President Mario Draghi signalled that officials will wait until next month before deciding whether to cut interest rates further as money markets stabilise and the economy
      Bloomberg; AFP  -  656 words
    • Article
      Lock icon Mitsubishi UFJ Securities quits commodities
      346 14 Reuters [LONDON] Japan’s Mitsubishi UFJ Securities International became the latest bank to withdraw from the commodities sector, hit by weaker investor interest and tougher regulation. The institution yesterday said that it was closing its international commodities derivatives business due to concerns about long-term viability. Higher
      Reuters  -  346 words
    • Article
      Lock icon JPMorgan in unit sale talks with Mercuria
      255 14 WP [GENEVA] JPMorgan Chase Co has entered exclusive talks to sell its physical commodities unit to Mercuria Energy Group as the bank seeks to end a five-year foray into owning and storing materials such as metals and oil, according to two people briefed
      WP  -  255 words
    • Article
      Lock icon Dutch bankers to take oath of ethical conduct
      600 14 Bloomberg [AMSTERDAM] “I swear that I will do my utmost to preserve and enhance confidence in the financial services industry. So help me God.” The oath, the first of its kind in Europe, became binding on board members of Dutch banks last
      Bloomberg  -  600 words
  • Page 11 Advertisements
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      Lock icon Page 11 Advertisements Column 1
      1471 11 B8AR3 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices I-MODERN GROUP LIMITED (In Voluntary Liquidation) (Company No. *****3) NOTICE is hereby given pursuant to Section 204, subsection (1)(b) of the BVI Business Companies Act, 2004 that the Company is in voluntary liquidation. The voluntary liquidation commenced on 29th January 2014. The
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      455 11 THE COMPANIES ACT (CAP. 50) BONA INVESTMENT PTE LTD COMPANY REG. NO: *****5024E (MEMBERS’ VOLUNTARY WINDING UP) At an Extraordinary General Meeting of the Members of BONA INVESTMENT PTE LTD duly convened and held at 701 Geylang Road #04-04 Singapore *****7 on Thursday, 30 January 2014 at 11.00 a.m. the
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      1509 12 HAI LECK HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****4461D) NOTICE OF EXTRAORDINARY GENERAL MEETING Unless otherwise defined, all capitalised terms herein shall bear the same meaning as used in the circular dated 7 February 2014 issued by Hai Leck Holdings Limited (“Circular”). NOTICE IS HEREBY
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      327 12 TAC-TOKYO AIRCARGO (SIN) PTE LTD Co Regn No: *****5156N Incorporated in Singapore NOTICE OF MEETING OF CREDITORS NOTICE IS HEREBY GIVEN that pursuant to Section 296 of the Companies Act (Cap. 50), a meeting of the creditors of the abovenamed company will be held at 24 Peck Seah Street #06-01
      327 words
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      513 13 i f i n\* Love is a many splendored thini Express yourself this Valentine’s in one of many ways at Pan Pacific Orchard. Impress with a decadent five-course fine-dining dinner by starlight in a Private Poolside Cabana with a personal butler at hand or indulge your special someone at the
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  • AVIATION
    • Article, Illustration
      Lock icon Etihad’s expansion strategy faces test
      956 15 Will airline increase its global footprint with investment in Alitalia? Reuters [FRANKFURT] A potential deal to buy a stake in troubled Italian airline Alitalia could be the biggest test yet for Abu Dhabi-based Etihad’s strategy of using stakes in ailing airlines as an easy way
      Reuters; FILE PHOTO  -  956 words
    • Article, Illustration
      Lock icon Defence business faces tough environment: Boeing chief
      389 15 Reuters [NEW YORK] Boeing Co expects its defence business to continue facing a tough environment with “flatish” profit margins, chief executive Jim McNerney said on Wednesday. A recent federal government budget deal has pushed off automatic spending cuts known as sequestration by two
      Reuters  -  389 words
    • Article
      Lock icon TRANSPORT STOCKS
      244 15 SGX '000 Feb 06 S$ +/-Vol Ch Offshore 0.42 -0.01 319 Chuan Hup Hldg 0.26 -0.01 10 Feb 06 Cwt Limited 1.28 -0.01 609 Ezra Hldgs 0.95 0.01 3974 First Ship Lea unch unch 0 Grand Banks 0.22 unch 10 Jaya Hold Ltd 0.80 unch 1431 K1Ventures 0.19
      244 words
    • Article, Illustration
      Lock icon Winter Olympics offer big profit gains to Aeroflot
      671 15 Bloomberg [NEW YORK] OAO Aeroflot and Yandex NV are among Russian companies that stand to benefit the most from the Winter Olympics in Sochi, according to Otkritie Financial Corp. While Moody’s Investors Service said on Wednesday the Olympics are unlikely to spur
      Bloomberg; PHOTO: REUTERS  -  671 words
    • Article
      Lock icon Sochi-bound airlines get possible terrorism warning
      684 15 They’re told to watch for toothpaste tubes containing explosives Bloomb erg [WASHINGTON] Airlines flying to Winter Olympics host Russia are being warned to watch for toothpaste tubes containing materials that could be used by terrorists to make a bomb, according to a US law
      Bloomberg  -  684 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon Bank Negara’s delicate balancing act
      509 16 EDITORIAL MALAYSIA’S central bank, Bank Negara, has a tricky balancing act on its hands. It has now maintained its overnight policy rate at 3 per cent for over 10 straight quarters, sticking to its accommodative stance to keep the country’s growth engine ticking. Among other
      509 words
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      Lock icon Less economic inequality will not solve all problems
      820 16  -  THE BOTTOM LINE ROBERT SAMUELSON The Washington Post Writers Group UNLESS you are exceptionally cold-blooded, it’s hard not to be disturbed by today’s huge economic inequality. The gap between the rich and the poor is enormous, wider than most Americans would wish.
      The Washington Post Writers Group  -  820 words
    • Article, Illustration
      Lock icon Taking a leaf or two from UK’s tax book
      1045 16  -  S’pore should move R&D credits ‘above the line’, make group relief more flexible By LOW HWEE CHUA BEN PICKFORD The writers are head of tax services at Deloitte Singapore and South-east Asia and director, tax services at Deloitte Singapore, respectively. The
      PHOTO: REUTERS  -  1,045 words
    • Article, Illustration
      Lock icon Why the ECB should start QE now
      1050 17  -  It will help weaken the euro’s strength, boost inflation and spur Europe’s economic recovery By MELVYN KRAUSS The writer is an emeritus professor of economics at New York University and senior fellow at the Hoover Institution, Stanford University Bloomberg View ONE of the
      Bloomberg View; PHOTO: BLOOMBERG  -  1,050 words
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      Lock icon Obama’s stalled trade agenda
      1019 17  -  LEON HADAR Washington Correspondent THERE is no other way to put it, but unless US President Barack Obama gets his act together and starts campaigning publicly and lobbying privately in support of his stated trade policies and doing that in a very aggressive way the proposed
      PHOTO: REUTERS  -  1,019 words
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      Lock icon A need to get the details right on EMs
      746 17  -  ANTHONY ROWLEY Tokyo Correspondent “THE future still belongs to the emerging markets”, a certain (pink) British newspaper declared this week in an attempt to convince investors that, despite the current turmoil in Asian and other emerging markets (EMs) as a result
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  • Article
    Lock icon I nt DUjMMtjj I MVItb Shipping times
    2240 18 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.
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  • Page 18 Advertisements
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      132 18 Shanghai Chittagong C a il a n E n n o r e J e d d a h B r Ho Chi Minh NYK RORO &Conventional ServiceREGULAR SERVICE TO REGULAR SERVICE TO Persian Gulf, Bengal, Red Sea, Australia, East South Africa, Asia Europe is b a n e H
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      Lock icon Page 18 Advertisements Column 2
      122 18 ‘V'Ti r JffN new ie pc rgi Services we provide: Transportation/Haulage Mechanical Repairs Pre Delivery Inspection Refurbishment Accessory Fittings Washing Storage/Preservation Yard Management Wallenius Wilhelmsen Logistics Singapore Pte Ltd Tel: (65) 6379 5166 Fax: (65) 6379 5106 Email: 2wsinenq@2wglobal.com Website: http://www.2wglobal.com FREIGHT LINKS EXPRESS Customer Service Contact: *****535, *****553, *****541,
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      119 19 mporters coking for Warehouse Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE WONG AT *****327 II USE THIS SPACE TO SELL CALL JOE WONG AT 9620 1327 TO ADVERTISE The Business Times Shipping Times FREIGHT FORWARDER urgently needed by shippers Can they find your
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      3336 20 Transaction date: Feb 6 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Last 20 3.3 A-Sonic Vol Day Last Quote Div Gr Yld Net M Cap 188 106 AIMSAMPIReit.............................141.5xd -1.5 582 142.5
      3,336 words
    • Article
      Lock icon SGX CATALIST
      290 21 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
      290 words
    • Article
      Lock icon UNIT TRUST & FUNDS
      11492 21 UNIT TRUST FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha FuncTCI A!** Aberdeen Asset Mgt Asia Limited APS Alpha Fund (USD)!** Asian Local Ccy SD Bond Aberdeen Asset Mgt Asia Limited American Opp EM Local Ccy Bond 1.7809/ China Opportunities'" 2 6072/ FM local Cry Bond 0 8653/
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    • Article
      Lock icon GLOBALQUOTE
      262 21 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 61 34.4 AVJennings A56 unch 27 56 56 56 58 3.6 6.3 4.5 207.3 52 35.5 Genting HK US$ US40 -0.5 ***** 41 39.5 39.5 40 2633.8
      262 words
    • Article
      Lock icon SGX ETF
      910 21 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 121 108.3 ABF SG Bond ETF 112 6 112 112 112 114 511.3 Last 114.4 94 CIMB APAC Div 100US$ US94 9.9 1510 1192 CIMBASEAN40 100S$D
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  • FINANCE & COMMODITIES
    • Article
      Lock icon SGX DERIVATIVES TRADING
      687 22 Feb 6 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.42 *****.07 *****.12 Mar14 *****.00 *****.00 *****.00 *****.00 *****6 *****7 Jun14 *****.00 *****.00 *****.00 *****.00 216 3213 MSCI TAIWAN INDEX FUTURES SPOT 288.88 291.14 288.88 Feb14 287.90 289.80 286.50 289.00 *****1 *****3 Mar14 286.80
      687 words
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      373 22 In local curr In S$ In US$ dy yr dy yr dy yr Feb 5 Index Change Change Change Change Change Change World Preliminary 1123.7 0.0 -5.1 0.0 -5.0 0.0 -5.4 EAFE Preliminary 905.9 0.5 -5.3 0.6 -5.2 0.6 -5.6 Europe Preliminary 1309.6 0.2 -3.3
      373 words
    • Article
      Lock icon INTERBANK CROSS RATES
      471 22 Feb 6 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.991 5.430 0.662 6.952 55.970 109.149 0.909 9.668 2.978 1.089 94.411 40.488 1.138 9.959 0.810 27.158 29.414 0.549 0.896 Canada 1.009 5.482
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    • Article
      Lock icon SIBOR
      34 22 Feb 6 (US$) (S$) 1 mth 0.***** 2 mths 3 mths 0.***** 6 mths 0.***** 9 mths 12 mths 0.***** SWAP Offer rates (S$) (S$) 3 mths ..0.***** 3 mths Source: Thomson Reuters
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    • Article
      Lock icon GOVERNMENT SECURITIES
      88 22 Feb 6 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 6-Month BS*****Z 27-Jun-14 0.31 1-Year BY*****T 31-Oct-14 0.33 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0W 1.13 01-Apr-16 101.62 101.67 101.63 5-Year NX*****W 2.5 01-Jun-19 105.51 105.55 105.30
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    • Article
      Lock icon PRECIOUS METALS
      136 22 Feb 06 GOLD(US$/oz) Feb 06 Feb 05 Hong Kong 1265.00 1264.00 Feb 05 Feb 04 London 1260.30 1250.80 1261.35 1251.50 Source: Thomson Reuters CAST BAR Feb 06 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 116 51 5gm 328 256 10gm 586 513
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    • Article
      Lock icon PALM OIL
      57 22 Feb 6 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Feb 14 2555.0 2540.0 2571.0 2555.0 139 1454 Mar 14 2553.0 2542.0 2572.0 2550.0 1073 ***** Apr 14 2557.0 2546.0 2575.0 2552.0 ***** ***** May 14 2554.0 2543.0
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      155 22 Feb 6 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1373 1.1379 0.8958 0.8961 Canadian dollar 1.1479 1.1487 0.9046 0.9042 Euro 1.7170 1.7175 1.3524 1.3526 NZ dollar 1.0439 1.0448 0.8222 0.8228 Sterling pound 2.0710 2.0716 1.6312 1.6314
      155 words
    • Article
      Lock icon CHICAGO BOT
      109 22 Feb 5 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Mar 14 1316.25 1313.25 1321.25 1305.00 May 14 1299.50 1297.50 1304.25 1289.00 Jul 14 1280.75 1279.50 1285.00 1271.00 Aug 14 1236.50 1233.50 1238.75 1227.00 SOYBEAN OIL (60,000 lbs; US cent/lb) Close Previous High/Low Mar 14
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    • Article
      Lock icon LIFFE
      94 22 Feb 5 COCOA (£/tonne) Close Prev High Low Mar 14 1845 1840 1856 1837 May 14 1838 1831 1848 1830 Jul 14 1832 1826 1843 1825 Sep 14 1824 1819 1835 1817 COFFEE(US$/tonne) Close Prev High Low Mar 14 1857 1809 1862 1787 May 14 1848 1801 1852 1780
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    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      1143 22 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 Conv Asia-Pacific Strategic W*****6 0.2 1 123 177 222.50 3 Exer Albedo Limited W*****9 Prem Ascendas Reit MB ECW*****3 2.9 0.2 240 1 Ascendas Reit MB eCW*****1 Expiry
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    • Article
      Lock icon CRUDE OIL & PRODUCTS
      70 22 CRUDE OIL PRODUCTS Feb 05 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 105.23 -0.23 WTI (Near Mth) 97.36 -0.01 Dubai (1-Mth F) 102.35 0.56 Tapis blend 113.44 0.43 Minas 106.44 0.43 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 101.06 -0.55 Jet Kerosene 121.01 0.12 US$/barrel OpecOil Basket
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    • Article
      Lock icon US$/S$ FORWARD RATES
      22 22 Feb 6 S$ Bid Offer 1-month 1.2696 1.2698 2-months 1.2695 1.2697 3-months 1.2695 1.2697 6-months 1.2692 1.2695 Source: OCBC
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    • Article
      Lock icon LONDON METALS
      66 22 Feb-05 Feb-05 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1657.25 1644.25 3 months 1701.00 1689.00 Copper, Grade A(US$/tonne) Cash 7083.50 7082.50 3 months 7039.00 7041.00 Lead(US$/tonne) Cash 2074.75 2071.50 3 months 2097.00 2093.50 Nickel (US$/tonne) Cash *****.50 *****.50 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00 3 months
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    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 22 As at 9am Feb 06 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.159 1.104 Can dollar 1.166 1.122 Euro 1.756 1.673 Sterling pound 2.109 2.028 NZ dollar 1.068 1.027 US dollar 1.294 1.233 Local dollars to 100 units of foreign
      121 words
    • Article
      Lock icon INTERBANK RATES
      157 22 Feb 6 $S Offer Bid 0vernight 0.03 0.01 1-month 3/8 1/4 2-months 3/8 1/4 3-months 7/16 5/16 Overnight mode: 0.01 US$ Offer Bid 7 days 0.20 0.10 1 month 0.26 0.16 2 months 0.30 0.20 3 months 0.40 0.20 6 months 0.50 0.30 9 months 0.60 0.40 12
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  • Page 23 Advertisements
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      105 23 F fl *3 CM ooyaoooar> n sr a„ a ,8.0 It A *Tl a a C- s c f# 4»JI%“<a? H II Hotel Solutions, Food Beverage and Travel Trade Show 17-19 February 2014 Myanmar Convention Centre,Yangon www.mhft.sphereconferences.com f'(l i!^ LAST CALL TO EXHIBIT! The most comprehensive showcase of hotel and
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      Lock icon Page 23 Advertisements Column 2
      34 23 WIN TICKETS TO CATCH MICHAEL LEARNS TO ROCK LIVE IN SINGAPORE! 22 February 2014 The MAX Pavilion 0 Singapore Expo Tune in to Kiss92 now! UnUsUaL GROUP OF COMPANIES iiuijin facebook.com/kiss92fm SA @kiss92fm www.kiss92.sg
      34 words
  • Page 23 Miscellaneous
    • Miscellaneous
      Lock icon Page 23 Miscellaneous Column 1
      365 23 CRYPTIC CROSSWORD Across 1 Cheating types can crush a gal’s spirit (11) 10 Rubbish with nasty smell all right for burying (5) 11 Robber can be cruel, horrible, stealing pounds (9) 12 Dawn’s sort of drink? Quite the opposite (9) 13 Sarah is back as Paul’s companion (5) 14 Provide
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  • executive lifestyle
    • Article, Illustration
      Lock icon Escape if you can, in an hour
      1785 28  -  The real-life version of computer games such as Escape The Room has spawned a mini industry in Singapore, saysRACHEL RACHEL LOI rachloi@sph.com.sg I T starts like this: You wake up in an unfamiliar room, and the last thing you remember is trekking in
      1,785 words
    • Article
      Lock icon Throwing up the challenge
      200 28  -  By RACHEL LOI If you’re looking to test your escaping skills, here are a few providers you can try out: Freeing SG Bugis+, Level 7, 201 Victoria Street 11am to midnight Peak $28, off-peak $22 6636 9655 http://www.freeingsg.com The Escape Artist Bukit Timah Shopping Centre, #11-02
      200 words
    • WINE
      • Article, Illustration
        Lock icon The Whites have it
        1230 23  -  2010 and 2011 are two vintages in white burgundies which are must-buys, says NK YONG NK YONG I T was a surfeit of riches that marked the Paulée de Singapour 2014, a convivial gathering of wine-growers and friends the second such Paulée held in Singapore. Eight
        PHOTOS: NK YONG  -  1,230 words
      • Article, Illustration
        Lock icon California critic’s book aims to shake up an industry
        790 23  -  By DAVE MCINTYRE WP [WASHINGTON] As wine editor of the San Francisco Chronicle, Jon Bonne is the leading voice in a gener-al-interest publication covering the heart of the California wine industry. He’s also controversial, for he has been one of California
        WP  -  790 words
    • ARTS
      • Article, Illustration
        Lock icon Bringing Indonesian ‘archaeologic art’ to life
        760 24  -  Prayitno tells the stories behind old Peranakan Chinese artefacts, reportsCHEAH CHEAH UI-HOON uihoon@sph.com.sg PERANAKAN artefacts are highly sought after as antiques here, but for Indonesian artist Yuli Prayitno, Indonesian Peranakan objects don’t just signify a unique and exquisite material culture. Instead, he incorporates them
        760 words
      • Around Town
        • Article, Illustration
          Lock icon Pick of the week
          241 24 My Fair Lady: Take a trip back in time to 1912 London, as the classic musical My Fair Lady by Alan Jay Lemer and Frederick Loewe takes centre stage at the Sands Theatre next week. This acclaimed musical tells the story of Cockney (working-class Londoner from
          241 words
        • Article
          Lock icon Stage
          251 24 Bane: Guinness world record holder Joseph Bone will be in Singapore over the weekend to perform the first instalment of his trilogy of productions titled Bane. The comedic drama tells the story of a hitman named Bruce Bane, who discovers that there is someone trying to kill him, so
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        • Article
          Lock icon Exhibition
          143 24  -  Compiled by RACHEL LOI rachloi@sph.com.sg Lunar New Year 8-Artists Exhibition: Eight artists from the Federation of Art Societies (Singapore) are putting up a joint exhibition in conjunction with the Chinese New Year Season at the Alliance Francaise de Singapour. The exhibition is mainly based on a horse theme, in
          143 words
      • Article, Illustration
        Lock icon And then there was sound
        576 24  -  By HELMI YUSOF helmi@sph.com.sg A SMALL but potent exhibition is now on at Lasalle College of the Arts. Its subject? Sound. As you might imagine, it’s difficult to show pictures here of anything that looks remotely exciting from the exhibition. Its most direct pleasures may
        576 words
      • Article, Illustration
        Lock icon One man’s trash is another man’s treasure
        616 24  -  By RACHEL LOI rachloi@sph.com.sg AMERICAN journalist Adam Minter’s idea of junk is a whole lot different from yours. To you, it might be what your mother threatens you’ll be collecting if you don’t study hard enough. Or the stuff you throw out in
        616 words
      • Article, Illustration
        Lock icon Falling in love with big people is no small feat
        891 25  -  Pangdemonium stages an American black comedy that exposes the tender spots, reports HELMI YUSOF helmi@sph.com.sg LOOK at the picture accompanying the story. Does this woman look fat to you? Would you date her, get serious with her and maybe marry
        891 words
      • Article, Illustration
        Lock icon A dose of daily drama
        518 25  -  By CHEAH UI-HOON uihoon@sph.com.sg POSTING pictures onto popular sites like Stomp! and making comments on Facebook on an issue which then goes viral, are now a familiar part of Singapore life. Thanks to the Anton Casey incident, the case of bad behaviour and citizen journalism
        518 words
      • Article, Illustration
        Lock icon This year’s arts fest will invoke gods, spirits and legends
        897 25  -  By HELMI YUSOF helmi@sph.com.sg ARTS lovers run the risk of getting heart palpitations reading the next line: Robert Wilson, Martha Graham, Bertolt Brecht, Hiroshi Sugimoto, JM Barrie and Mansai Nomura are among the big names set to light up the
        897 words
    • MUSIC
      • Article, Illustration
        Lock icon A mixed bag of big voices
        794 26  -  TANexamines the latest releases from some of the best-known female singers in popular music DYLAN TAN dylantan@sph.com.sg Barbra Streisand Back to Brooklyn Although born and raised in Brooklyn, amazingly Barbra Streisand hasn’t performed there in over three decades. It’s no wonder the crowd goes
        794 words
      • Article, Illustration
        Lock icon Classical opera child prodigy
        595 26  -  By RACHEL LOI rachloi@sph.com.sg HE’S just 11, but local classical opera singer Corey Koh has a lot more on his mind than his PSLE. For starters, he wants to hold a solo concert here later this year, and is looking around for a suitable venue with
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      • Article, Illustration
        Lock icon Sun never sets on Empire’s musical adventure
        659 26  -  By DYLAN TAN dylantan@sph.com.sg LUKE Steele never stops working because he knows he can’t afford to in the music business. Which explains why the Australian singer-songwriter is constantly collaborating with other musicians including hip hop’s First Couple, Jay-Z and Beyonce in addition to
        659 words
    • CINEMA/TV
      • Article, Illustration
        Lock icon A sweet-natured black and white endeavour
        618 27  -  Nebraska is a sensitive movie with some real-life lessons, saysGEOFFREY GEOFFREY EU WHO wants to be a millionaire? Woodrow (Woody) T Grant of Billings, Montana, that’s who and he truly believes he has just joined the newly-minted millionaire ranks, having received a letter informing
        PHOTO: BLOOMBERG  -  618 words
      • Article, Illustration
        Lock icon Lego transforms into animated blockbuster
        449 27  -  By DYLAN TAN dylantan@sph.com.sg ANYONE who has ever played make-believe with their Lego set will dig The Lego Movie. In it, little figurines come to life in different universes recreated from 15 million pieces of the toy brick. It’s the Danish toy company’s first foray
        449 words
      • Article, Illustration
        Lock icon Goodbye to Leno is also hello to something better
        1130 27  -  By HANK STUEVER WP [WASHINGTON] If you feel an anti-climactic sense of been there/done that about a certain late night talk show host surrendering his desk last night, imagine how the TV critic feels. Or just imagine how America feels the
        WP  -  1,130 words
      • Article, Illustration
        Lock icon Lightweight look at life in Nazi Germany
        566 27  -  By GEOFFREY EU DEATH and the prospect of dying are everywhere in The Book Thief. The film, directed by Brian Percival and based on the 2006 book of the same name by Markus Zusak, starts with a death, is narrated by Death himself
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