The Business Times, 28 March 2014

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Microfilm: NL33076
Total Pages: 36
1 36 The Business Times
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  • Title Section
    Lock icon Masthead
    25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg SfCl A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MCI (P) 085/08/2013 Friday, March 28, 2014
    25 words
  • Article, Illustration
    Lock icon More home buyers opt for fixed-rate loans
    756 1  -  As rates head up, take-up for such loans at DBS jumps to 50% this month from 30% By SIOW LI SEN lisen@sph.com.sg [SINGAPORE] Interest rates are rising and home buyers are taking cover. One in two home buyers took up fixed-rate loans from
    Source: Bloomberg  -  756 words
  • MARKETS DIGEST
    • Article
      Lock icon FOREX
      65 1 GST INDEX 3,162.46 (+19.14) GST INDEX FUTURES 3,162.00 (+19.00) GSIMSCI 356.83 (+1.33) GSIMSCI FUTURES 357.20 (+0.40) US$ S$ US$ (S$ per US$) 1.266 (US$/S$ per 1.657 2.098 EURO (US$/S$/€ 1.377 1.743 Foreign currency per US$ S$ YEN 102.10 80.70 RM 3.295 2.602 HK$ 7.758 6.128 BAHT 32.59 25.74 RUPIAH
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    • Article
      Lock icon MARKETS
      48 1 Thursday Change KL COMP 1,846.87 +7.73 NIKKEI 225 14,622.89 +145.73 HANG SENG 21,834.45 -53.30 SET INDEX 1,355.95 -4.49 JAKARTA COMP 4,723.06 -5.18 MANILA COMP 6,315.69 -32.81 SEOUL COMP 1,977.97 +13.66 SHENZHEN B 819.57 -8.74 MUMBAI IND 22,214.37 +119.07 12noon EDT Change DOW 16,242.01 -26.98 NASDAQ 4,146.76 -26.82
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    • Article
      Lock icon PRIME RATES
      21 1 SINGAPORE 5.35 MALAYSIA INDONESIA HONG KONG TAIWAN INDONESIA 15.262 TAIWAN 5.036 US 1.475 CANADA 9.33 BRITAIN 0.50 Source: Bloomberg
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  • Article, Illustration
    Lock icon No deal with telcos for Sports Hub yet
    753 1  -  Walkie-talkie operator might join the fray with stopgap solution By JOYCE HOOI joyceh@sph.com.sg [SINGAPORE] With weeks to go before the start of the Singapore Sports Hub’s soft launch in mid-April, none of the three telcos have a deal with systems integrator Consistel
    753 words
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      182 1 PROPERTY More properties up for auction but few sold BOARDROOMS Just 8.3% of directors in S’pore are women: study PAGE 4 COMPANIES SGX may be eyeing gold futures contracts PAGE 5 ART Singapore works dominate HK sale RT ominate HK sale PAGE 24 PAGE 32 AGE 32 Is Singapore Asia’s
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      27 1 Read Boardroom Matters, a series of articles from the Singapore Institute of Directors on issues relevant to listed companies and corporate governance, on BTInvest every Friday: btd.sg/BMatters
      27 words
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  • TOP STORIES
    • Article, Illustration
      Lock icon Three 99-year sites up for tender in govt land sale
      732 2  -  1,300 new homes expected from ECs in Yishun, condo in Margaret Drive By LYNETTE KHOO lynkhoo@sph.com.sg [SINGAPORE] More private homes are in the pipeline as the government released three 99-year leasehold sites this month that are expected to yield 1,300
      BT Graphics: Jennifer Chua, Source: HDB, URA  -  732 words
    • Article
      Lock icon London, Singapore both at crossroads: PM Lee
      524 2  -  They are grappling with challenges of being global cities Reports by LEE U-WEN in London leeuwen@sph.com.sg SINGAPORE and London are both at a crossroads, at a time when both are dealing with the stresses and strains of being a global city in the
      524 words
    • Article, Illustration
      Lock icon PM Lee conferred Freedom of the City of London
      515 2 A LITTLE bit of history was made in London last night as Singapore Prime Minister Lee Hsien Loong was given the Freedom of the City of London. More than 32 years after his father, former prime minister Lee Kuan Yew, became
      PHOTO: MCI  -  515 words
    • Article, Illustration
      Lock icon How other exchanges present their websites
      472 2  -  By CAI HAOXIANG haoxiang@sph.com.sg [SINGAPORE] The launch of a new company announcements page by the Singapore Exchange (SGX) a few days ago frustrated and perplexed many retail investors and members of the financial community due to its user-unfriendly features and missing companies, sometimes misnamed.
      Montage compiled from Shanghai Stock Exchange, Philippine Stock Exchange, Tel Aviv Stock Exchange and Bovespa, the Brazillian stock exchange.  -  472 words
    • Article
      Lock icon THREE-MINUTE DIGEST
      434 2 More home buyers opt for fixed-rate loans INTEREST rates are rising and home buyers are taking cover. One in two home buyers took up fixed-rate loans from DBS Bank this month. FRONT PAGE No deal with telcos for Sports Hub yet WITH weeks to go before the start
      434 words
    • Article, Illustration
      Lock icon Just 8.3% of S’pore board directors are women: poll
      902 4  -  57% of listed firms here have all-male boards, according to Diversity Task Force By MICHELLE QUAH michquah@sph.com.sg [SINGAPORE] Only 8.3 per cent of board directors at Singapore-listed companies are women, and 57 per cent of such companies have all-male boards. The
      BT Graphics: Simon Ang; Source: Diversity Task Force  -  902 words
    • Article
      Lock icon Q4 GDP growth faster than estimated
      589 4 Expansion fuelled by strong consumer spending on services LATEST US DATA Bloom berg [WASHINGTON] The US economy grew more rapidly in the fourth quarter than previously estimated as consumer spending climbed by the most in three years, showing that the expansion had momentum heading
      Bloomberg  -  589 words
    • Article, Illustration
      Lock icon China’s bank run shows fragile trust
      374 4  -  REUTERS BREAKINGVIEWS By PETER THAL LARSEN CHINA’S latest bank run is irrational, but worrying. Savers in coastal Jiangsu province have scrambled to pull cash from a small rural lender, even though the government has so far stood behind all deposits. It’s a reminder that
      374 words
    • Article, Illustration
      Lock icon Rakuten’s big shopping plans for Singapore
      539 4  -  By JOYCE HOOI By joyceh@sph.com.sg [SINGAPORE] Rakuten Inc might have bought local start-up Viki for an estimated US$200 million, but now it is Singapore’s turn to buy things from it. Japan’s largest online retail store has big plans for the local version of its
      PHOTO: ARTHUR LEE  -  539 words
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      42 4 Mandai Executive Golf Course gets a reboot Custom training to suit your swing Check these out and more in our Golf Special in The Business Times today and The Sunday Times Classified this weekend. CLASSIFIED BUY IT SELL IT FIND IT I
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon SGX eyeing gold futures contracts?
      543 5  -  Inclusion of physical deliveries: report; no comment on speculation SGX By ANDREA SOH sandrea@sph.com.sg SINGAPORE Exchange (SGX), which has been actively building its derivatives business as its securities division remains under pressure from low trading volumes, is said to be considering gold futures contracts. This
      PHOTO: BLOOMBERG  -  543 words
    • Article
      Lock icon Addvalue: Technology attractive to high-end players
      394 5  -  It is one of only two authorised global developers cum suppliers for BGAN By SHEENA TAN tsheena@sph.com.sg ADDVALUE Technologies, which this week unveiled a proposed disposal of a subsidiary for $330 million, said yesterday that the group’s technology is attractive to players interested in
      394 words
    • Article
      Lock icon Brookstone goes bust; no further impact on OSIM
      467 5  -  $77m write-off of investment in 2009 By CAI HAOXIANG haoxiang@sph.com.sg TROUBLED US retailer Brookstone, which was 55 per cent owned by lifestyle products firm OSIM International, has officially gone bust, two months after it defaulted on an interest payment of its debt.
      467 words
    • Article, Illustration
      Lock icon StanChart to boost airline loans by 75%
      462 5 Bloomberg [DUBAI] Standard Chartered, the British bank that earns most of its profit in Asia, plans to expand its airline loan book by almost 75 per cent over the next four years as demand for planes in the Middle East and Asia surges.
      Bloomberg; PHOTO: BLOOMBERG  -  462 words
    • Article
      Lock icon Sembcorp building plant to turn waste into energy
      345 5  -  $250m Jurong Island steam project will be completed in early 2016 By CARINE LEE carinel@sph.com.sg SEMBCORP Industries has started building its largest energy-from-waste (EfW) plant here. The $250 million project on Jurong Island, to be completed in early 2016, will be the
      345 words
    • Article, Illustration
      Lock icon DBS offers new multiplier scheme to reward customers
      500 7  -  Interest rates of up to 2.08% based on cash flows instead of account balances By LISABELLE TAN lisatan@sph.com.sg DBS Bank has introduced a new programme, DBS Multiplier Programme, to reward the emerging affluent for consolidating their finances with the bank. The programme,
      PHOTO: ARTHUR LEE  -  500 words
    • Article
      Lock icon UBS said to have suspended forex traders
      263 7 Probe into alleged rigging of currency markets widens Bloomberg [LONDON] UBS AG has suspended foreign-exchange traders in the US, Singapore and Switzerland as its investigation into the alleged rigging of currency markets widened, according to a person with knowledge of the matter. They
      Bloomberg  -  263 words
    • COMPANY BRIEFS
      • Article
        Lock icon Heeton, Lian Beng, KSH in Cambodia land deal
        70 7 IMPERIAL South East Asia Investment (ISEA) has inked a deal with Cambodian national Lok Oknha Sear Rithy to acquire a piece of land in Cambodia for US$64 million, with plans to redevelop the existing hotel on it. ISEA is 32.65 per cent
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      • Article
        Lock icon Asiasons’ Black Elk acquisition off
        66 7 ASIASONS Capital’s attempt to acquire 20 per cent of the issued common units in the share capital of Black Elk Energy Offshore Operations has been unsuccessful. The total purchase consideration was to have been US$96.4 million. “As no definitive agreement was entered into by the
        66 words
      • Article
        Lock icon CCM to pay indemnity of $4.73m
        118 7 CCM Group will have to pay $4.73 million as indemnity to The Overseas Assurance Corp. The latter was asked to pay this sum to 70 Shenton Way Pte Ltd under a performance bond relating to a Shenton Way contract. CCM had earlier said that
        118 words
      • Article
        Lock icon CDL’s CES no longer subject to buyout
        116 7 City Development Ltd’s (CDL’s) Hong Kong-listed City e-Solutions (CES) is no longer subject to a buyout by an independent third party. A memorandum of understanding (MOU) had earlier been accepted, after the purchaser had expressed non-binding interest in acquiring from CDL’s wholly owned
        116 words
    • Article
      Lock icon Citi sees growth in its global credit cards business
      500 8  -  This segment’s profits are close to half of earnings for total cards business By JAMIE LEE leejamie@sph.com.sg CITIBANK sees strong growth in its international markets for the credit cards business profits from which are already close to half of its earnings
      500 words
    • Article
      Lock icon MAS makes senior management changes
      206 8  -  By JAMIE LEE leejamie@sph.com.sg THE Monetary Authority of Singapore (MAS) yesterday announced changes to its senior management team. Lee Chuan Teck, who is assistant managing director for capital markets, will be seconded to the Ministry of Transport as its deputy secretary for land and corporate.
      206 words
    • Article, Illustration
      Lock icon BOC Aviation posts record profit for 2013
      347 8  -  Year also marks the firm’s 20 years of profitability By NISHA RAMCHANDANI nishar@sph.com.sg BOC Aviation reported a record net profit of US$277 million for the year ended Dec 31, 2013, up 23 per cent year-on-year, marking 20 years of profitability. The aircraft leasing
      PHOTO: BLOOMBERG  -  347 words
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      618 5 Not for Distribution in the United Slates $01AM OLAM INTERNATIONAL LIMITED (Incorporated in the Republic of Singapore) (Company Registration Number: *****4676H) ANNOUNCEMENT VOLUNTARY CONDITIONAL CASH OFFER Olam International Limited (the "Company’ 1 refers to the issue of US$750 million in principal amount of 6.75 per cent. Bonds due 2018 (the
      618 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon STI just 5 points from Dec 31 level
      670 6  -  Index staves off weakness in Wall Street and regional bourses to gain 19 points STOCKS R SIVANITHY sivan@sph.com.sg Senior Correspondent THE Straits Times Index (STI) yesterday brushed off an overnight slide on Wall Street and regional weakness that sent Hong Kong’s Hang
      Source: Bloomberg  -  670 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      77 6 Mar 27 VALUE CLOSE BT OB/OS 70.00 +40.00 BT CADI -*****.00 +53.00 BT 10-day MA -*****.00 +7.00 FTSE ST Mid Cap 719.97 +3.07 FTSE ST Small Cap 542.27 +2.70 FTSE ST All Share 767.25 +4.35 FTSE ST China Top 197.18 +0.32 FTSE ST China 223.18 +0.90 FTSE
      77 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      55 6 VOLUME HanKore 239,261,000 Charisma Energy 151,162,000 AddvalTech 119,183,000 Albedo 99,990,000 LionGold 93,934,000 Noble Grp 93,773,000 GSH Corp 79,892,000 Golden Agri 55,481,000 NexGenSCom 55,020,000 Blumont 48,258,000 VALUE($) Noble Grp 111,818,800 DBS Grp 101,828,730 SingTel 88,442,790 UOB 80,375,486 JMH 41,809,726 Genting SP 41,386,325 OCBC Bk 41,224,640 Wilmar 40,333,540 HanKore
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    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 6 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 5 7 3 0 0 0 5 7 3 Manufacturing 38 47 40 11 4 7 49 51 47 Commerce 22 13 24 4 4 6 26 17 30 Tpt/Stor/Comms 21 9 12
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    • Article, Illustration
      Lock icon BROKERS’ TAKE
      863 6  -  Compiled by JOYCE HOOI Sarine Technologies Mar 27 close: $2.47 Maybank Kim Eng Research, Mar 27 IN our view, the long-term investment case for Sarine is fundamentally intact. Its Galaxy™ system is on track to become the leading and possibly the only automated inclusion mapping system for the
      Source: Bloomberg  -  863 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      123 6 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 24,237 24,237 60,602 60,602 Manufacturing 301,828 168,702 470,530 142,673 5,731 148,404 Commerce 363,222 154,293 517,515 232,465 8,438 240,903 Tpt/Stor/Comms 93,723 17,303 111,026 173,059 2,153 175,212 Finance 30,980 48 31,028 236,849 16 236,865 Construction 39,967 155,541
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    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      111 6 Stock name Close Change CapMallsAsia 1.755 +0.025 CapitaLand 2.780 CapitaMall 1.890 CityDev 9.810 +0.220 ComfortDelGro 1.960 DBS Grp 16.090 -0.100 GLP 2.600 Genting SP 1.315 +0.010 Golden Agri 0.585 HK Land 6.330 +0.100 HPH Trust US$ 0.655 +0.005 JMH 61.860 +1.600 JSH 34.930 +1.110 Jardine C&C
      111 words
    • Article, Illustration
      Lock icon NZ$ at 2 ½-year high, euro continues slide
      519 6 CURRENCIES Reuters [LONDON] The New Zealand dollar rose to its highest since mid-2011 yesterday, helped by a sharp rise in the trade surplus and comments from a policymaker suggesting that limits to cool house prices may be eased as interest rates rise.
      Reuters; PHOTO: BLOOMBERG  -  519 words
    • Article
      Lock icon RISES
      113 6 BY CENTS CLOSE UP JMH 6186 202.6 2.7 JSH 3493 140.5 3.3 DBXT AUDCS 5US$ ***** 120.3 0.5 DBXT MSKorea 10US$ 6075 93.7 1.2 DBXT USDIGInfl 5US$ ***** 88.6 0.3 DBXT iBoxxUSTr 5US$ ***** 84.8 0.3 DBXT iBoxxKR 5US$ ***** 79.8 0.4 DBXT AUDCS 5SG$ ***** 66.0 0.3 DBXT
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    • Article
      Lock icon FALLS
      125 6 BY CENTS CLOSE DOWN GLD 10US$ ***** -251.9 -1.6 SPDRS S&P 500 10US$ ***** -187.4 -0.8 SPDR DJIA 10US$ ***** -148.1 -0.7 DBXT MSUSA 10US$ 4624 -46.8 -0.8 Lyxor Nasdaq100 10US 1436 -26.6 -1.4 DBXT S&P500 10US$ 3078 -24.1 -0.6 DBXT EONIA 5US$ ***** -21.5 -0.1 DBXT DBLCI-OY 5US$
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      Lock icon FTSE ST CATALIST INDEX
      5 6 DAILY
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      171 7 POSSIBILITIES MARKETPLACE Take the leap at Singapore’s annual search for the urban executive, who epitomises the definition of corporate success. Into its 7 th year, the definitive competition has been reformatted to take the challenge to the next level. This includes a new finalists’ showcase and new judging criteria based
      171 words
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      181 8 Primary school with good reputation. Within walking distance. 1 km from mother-in-law. There’s a better chance of finding your dream house. STProperty. Let STProperty help you find properties near the schools of your choice, so you can increase your chances of getting a place! Hurry, log on to STProperty.sg now.
      181 words
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      Lock icon Page 8 Advertisements Column 2
      25 8 One man’s junk is another man’s treasure Shop second-hand or sell your possessions in CLASS 162 To advertise, call the Print Classified Hotline: 1800-289 9988
      25 words
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      2379 9 OUG HOSPITALITY TRUST A stapled group comprising: OUE HOSPITALITY REAL ESTATE INVESTMENT TRUST (a real estate investment trust constituted on 10 July 2013 under the laws of the Republic of Singapore) OUE HOSPITALITY BUSINESS TRUST (a business trust constituted on 10 July 2013 under the laws of the Republic of
      2,379 words
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      2699 9 China Aviation Oil (Singapore) Corporation Ltd 4 1 15 Si )'i (Iff i D ±j£) fiS Oti PM Incorporated in the Republic of Singapore Company Registration No t*****293Z NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 20 lh Annual General Meeting of the Company will be held
      2,699 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Change must be in pursuit of excellence, SMEs told
      549 10  -  Spring plans events to celebrate 20th year of Business Excellence initiative By MINDY TAN tanmindy@sph.com.sg THAT business leaders feel a sense of urgency is critical for business transformation. But the reasoning behind the impetus to change also shapes how companies fare.
      FILE PHOTO  -  549 words
    • Article, Illustration
      Lock icon SHOOTING FOR CHARITY
      94 10 IT was a basketball game like no other. Participants at a fund-raiser organised by HSBC yesterday helped raise $77,640 for two charities The Straits Times School Pocket Money Fund and The Business Times Budding Artists Fund. The amount raised was based on the number of times players
      94 words
    • Article
      Lock icon Construction sector wants to attract more locals
      507 10  -  WDA announces $3m more in new scholarships By JAIRA KOH jairakoh@sph.com.sg ONE way to reduce the construction sector’s reliance on foreign labour is to attract more Singaporeans to the industry, said Ho Nyok Yong, president of the Singapore Contractors Association Ltd (SCAL). Dr
      507 words
    • Article
      Lock icon NCSS scheme saves VWOs $487,000
      316 10  -  By KARA QUEK karaquek@sph.com.sg THE National Council of Social Service (NCSS) said yesterday that its member voluntary welfare organisations (VWOs) enjoyed more than $487,000 in cost savings in the first half of Financial Year 2013. These savings came from the VWOs’ use of the NCSS
      316 words
    • Article
      Lock icon Myanmar aviation industry poised to soar to greater heights
      697 10 MYANMAR’S aviation industry is set to fly with the government welcoming both domestic and foreign investments targeted at growing different segments of the aviation supply chain. This was the overarching theme for the inaugural Myanmar Civil Aviation Development Conference (MCADC) 2014
      697 words
    • Article
      Lock icon KL downside due to external shock capped: Moody’s
      562 11  -  Sizeable international reserves, large pool of domestic savings cited By S JAYASANKARAN in Kuala Lumpur INTERNATIONAL rating agency Moody’s Investors Service said yesterday that Malaysia’s economic downside in the event of an external financial shock was capped by its sizeable international reserves
      562 words
    • Article, Illustration
      Lock icon Suharto nostalgia grows as Indonesia polls loom
      727 11 AFP [KEMUSUK, Indonesia] Painted on the back of trucks and emblazoned across T-shirts, the smiling face of former Indonesian president Suharto has become a common sight across Java 16 years after his downfall. “How are you bro? Still better in my time, no?!”
      AFP; PHOTO: AFP  -  727 words
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      123 10 f 11 ers trave hot We |S packed \W» t H EREflT mEWS «n» °EALS! download The SSTRAVEU-ERS APP NOW! Brought to you by SPH, the easy-to-use sgtravellers app spins more exciting travel yarns with its new Luxe Travel chapter featuring stories and pictures as never seen before! In addition,
      123 words
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      3082 11 NAM CHEONG LIMITED (Company Registration No.: *****) (Incorporated in Bermuda) (the “Company”) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Annual General Meeting of Nam Cheong Limited (the “Company”) will be held at Riverview Hotel, Lily Ballroom, Level 4, 382 Havelock Road, Singapore *****9 on Monday, 28
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  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon Building sites in India idle ahead of national polls
      898 12 Developers and contractors get in the thick of funding election campaigns Reuters [NEW DELHI] As India’s mammoth general election (GE) approaches, jackhammer drills are quietening down at construction sites and earthmovers and cranes remain parked. Many real-estate and construction firms their
      Reuters; PHOTO: REUTERS  -  898 words
    • Article
      Lock icon Citic Pacific shares, bonds spike on asset injections
      540 12 Reuters [HONG KONG] Shares and bonds of Chinese conglomerate Citic Pacific Ltd have surged after its state-owned parent, one of the country’s biggest industrial companies, injected prime operating assets into the Hong Kong-listed firm. In a sign that Beijing is intent on
      Reuters  -  540 words
    • Article
      Lock icon China regulators halt sales of smog insurance
      273 12 Reuters [SHANGHAI] Chinese regulators have told the country’s two largest insurers to stop selling coverage against smog, a week after such policies were launched, the China Daily reported yesterday. The newspaper did not say why the country’s insurance watchdog had ordered People’s Insurance
      Reuters  -  273 words
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      183 12 ■<:■ vC*. T* V. Sunday Champagne Brunch rets an Edge Discover a brand new four-hour Veuve Clicquot Champagne Brunch at Edge on Sundays. With seven live food theatres, brunch aficionados can expect a la minute highlights galore, ranging from grilled omi wagyu beef, fines de claires oysters, Boston lobster, roast
      183 words
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      930 13 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF CROSSROADS SERVICES PTE. LTD. (the “Company”) (In Member’s Voluntary Liquidation) (Company Registration Number: *****0316C) (Pursuant to Section 290(2)(b)) At an Extraordinary General Meeting of the Company deemed held on 25 March 2014, the following resolutions were
      930 words
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      2185 13 Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this document, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole
      2,185 words
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      2475 13 G. K. GOH HOLDINGS LIMITED (Company Registration No. *****0184D) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Twenty-fifth Annual General Meeting of G. K. Goh Holdings Limited (the “Company”) will be held at Cinnamon Room, Novotel Singapore Clarke Quay, 177A River
      2,475 words
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  • WORLD
    • Article, Illustration
      Lock icon Sluggish economy prompts Bundesbank to rethink QE
      693 14 ECB has not used QE because of objection from the German central bank Reuters [FRANKFURT] Europe’s slow economic recovery and deflation fears have prompted Germany’s Bundesbank to take a closer look at printing money, one of the most divisive tools the European Central
      Reuters; PHOTO: REUTERS  -  693 words
    • Article
      Lock icon London gets yuan-clearing nod
      893 14 UK-China deal to be inked at month-end; bank to be named NYT [LONDON] The Bank of England and the People’s Bank of China reached an agreement on Wednesday to allow the clearing and settlement of renminbi trades in London, the first such arrangement to be struck
      NYT  -  893 words
    • Article
      Lock icon Britain plans change in how lenders are taxed
      346 14 Bloomberg [LONDON] Chancellor of the Exchequer George Osborne is exploring a change in the way banks are taxed in the UK which may see larger lenders, including foreign banks, take more of the burden. The Treasury will publish a consultation examining a
      Bloomberg  -  346 words
    • Article
      Lock icon Citigroup, 4 other banks fail Fed stress tests
      940 14 Bloomberg [NEW YORK] Citigroup’s capital plan was among five that failed US Federal Reserve stress tests, while Bank of America Corp won approval for its first dividend increase since the financial crisis. Lenders announced more than US$60 billion of dividends and stock
      Bloomberg  -  940 words
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      Lock icon BOA to pay US$9.5b in settlement over faulty mortgages
      503 14 Bloomberg [NEW YORK] Bank of America Corp (BOA) has agreed to a US$9.5 billion settlement over claims tied to faulty mortgages and boosted its dividend for the first time since 2007, the latest steps to put the financial crisis behind the
      Bloomberg; PHOTO: BLOOMBERG  -  503 words
    • Article, Illustration
      Lock icon IMF offers Ukraine US$18b bailout
      569 15 The offer is tied to reforms such as ending gas subsidies AFP [KIEV] The IMF yesterday announced a US$14-18 billion bailout for Ukraine to avoid bankruptcy but tied to painful and unpopular reforms amid the country’s escalating standoff with Russia. The agreement in principle imposes
      AFP; BLOOMBERG FILE PHOTO  -  569 words
    • Article
      Lock icon Soros backs sale of US oil reserves to punish Putin
      547 15 Bloomberg [NEW YORK] America’s emergency stockpile of oil stands twice as large as the amount required by an international pact. George Soros has proposed selling some now to punish Russian President Vladimir Putin and US lawmakers are starting to listen.
      Bloomberg  -  547 words
    • Article
      Lock icon Japan banks to raise pay for first time in 19 years
      557 15 0.5% hike by top lenders in next fiscal year follows PM’s call for companies to boost wages Bloomberg [TOKYO] Japan’s biggest banks agreed to raise salaries for the first time in 19 years as an economic recovery puts them
      Bloomberg  -  557 words
    • Article
      Lock icon Loans to private sector in eurozone fall in Feb
      391 15 Reuters [FRANKFURT] Lending to households and firms in the eurozone shrank further in February and money supply growth remained subdued, adding to the European Central Bank’s (ECB’s) list of concerns ahead of its policy meeting next week. The ECB has cut
      Reuters  -  391 words
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      407 14 WAT3 NOTICES IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF BERNARD MODES GROUP (PTE) LTD (In Members’ Voluntary Liquidation) Reg No. *****2090N NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the abovenamed Company duly convened and held at Suite 1501,15/F Cityplaza 4.12 Taikoo
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      546 15 WATS NOTICES Toll free 1800-289-8822 Email notices@sph,com.sg www.cats.com.sg/notices ROYAL BANK OF CANADA FINANCIAL STATEMENTS FOR THE FISCAL YEAR ENDED OCTOBER 31, 20IB Consolidated Balance Sheets As of October 31 (C$millions) Assets Cash and due from banks Interest-bearing deposits with banks Securities Trading Available-for-sale Assets purchased under reverse repurchase agreements and
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      2179 16 WAT3 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices JEP HOLDINGS LTD. Company Registration No. *****1749E (Incorporated in Singapore with limited liability) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of JEP Holdings Ltd. (“the Company") will be held at 44 Changi South Street 1,
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      2473 16 FUJIAN ZHENYUN PLASTICS INDUSTRY CO., LTD (Company Registration No. ***************) (Incorporated in the People’s Republic of China) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Fujian Zhenyun Plastics Industry Co., Ltd (the “Company”) will be held at 6 Battery Road #10-01 Singapore *****9
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      3767 17 WAT3 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices GENTING SINGAPORE www.gentingsingapore.com Genting Singapore PLC (Incorporated in the Isle of Man No. *****6V) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Twenty-Ninth Annual General Meeting of Genting Singapore PLC (the “Company”) will be held at West Ballroom, Resorts
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  • EDITORIAL & OPINION
    • Article
      Lock icon Calibrated G-7 response to Russia makes sense
      488 18 EDITORIAL THE leaders of the major industrial nations meeting in The Hague this week suspended Russia indefinitely from the Group of Eight (and hence becoming again the Group of Seven) and warned that they would impose stronger economic sanctions against Moscow if President
      488 words
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      Lock icon Russia’s (overblown) natural gas weapon
      699 18  -  THE BOTTOM LINE ROBERT SAMUELSON The Washington Post Writers Group THE continuing Ukrainian crisis has cast a spectre over Europe: a natural gas cut-off. Russia supplies 30 per cent of Europe’s natural gas. In any tit-for-tat exchange of sanctions, this seems the ultimate weapon, dwarfing
      The Washington Post Writers Group  -  699 words
    • Article, Illustration
      Lock icon Asia’s private banks: Pipeline or pipe dream?
      1306 18  -  Recent wave of consolidation and strategic shifts will shape region’s industry By SAM KOK WENG STUART LAST The writers are, respectively, partner and associate director, Transactions Services Financial Services, at PwC Singapore THINK private banking and the first country which used to come
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    • Article, Illustration
      Lock icon Is the power of brand in decline?
      1444 19  -  With the rise of social media, today's companies have much less control over their online image than in older media By CHARLES SOMERS The writer is global sector specialist (consumer) at Schroders A QUIET but symbolic shift occurred in 2013: for the first
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    • Article, Illustration
      Lock icon Zuckerberg shows immersive understanding of things
      1459 19  -  AMIT ROY CHOUDHURY amit@sph.com.sg Technology Editor SLIGHTLY more than one month after splurging US$19 billion on WhatsApp, Facebook CEO Mark Zuckerberg took out his cheque book again and paid US$2 billion for virtual reality startup Oculus VR, makers of the Oculus Rift virtual reality
      1,459 words
    • Article
      Lock icon MAS takes a serious view of market misconduct
      197 19 LETTER TO THE EDITOR I REFER to Mak Yuen Teen’s letter “SGX should be more proactive against potential insider trading” (BT, March 26). Effective surveillance and robust investigations are part and parcel of the overall enforcement strategy in Singapore against capital market
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  • AVIATION
    • Article
      Lock icon China airlines face turbulence from two-way yuan swings
      564 20 Reuters [BEIJING] Chinese airlines, already grappling with half-empty premier cabins due to Beijing’s austerity drive, will be tested next in their ability to hedge against currency risks as China looks set to allow greater two-way swings in the yuan. The yuan has
      Reuters  -  564 words
    • Article, Illustration
      Lock icon Changi Airport voted world’s best again
      389 20  -  It was also awarded Best Airport for Leisure Amenities for its facilities By VIVIEN SHIAO vshiao@sph.com.sg [SINGAPORE] Singapore’s Changi Airport was voted the World’s Best Airport by air travellers for the second consecutive year, at the 2014 World Airport Awards held in Barcelona, Spain.
      389 words
    • Article
      Lock icon Interpol, S-E Asian nations bolstering border security
      710 20 More than 40m passports are listed as missing Bloomb erg [SINGAPORE] Interpol, the world’s largest police organisation, is working with South-east Asian countries to bolster border security amid lapses in immigration checks before Malaysian Air Flight 370 went missing. The discovery that two
      Bloomberg  -  710 words
    • Article
      Lock icon China insurers begin paying compensation
      287 20 Xinhua [BEIJING] Chinese insurance companies said yesterday they had started paying compensation to the families of passengers who were on board the missing Malaysia Airlines flight MH370. The companies said compensation work had been launched immediately after Malaysian Prime Minister Najib Razak said late on
      Xinhua  -  287 words
    • Article
      Lock icon TRANSPORT STOCKS
      240 20 SGX '000 Mar 27 S$ +/-Vol Ch Offshore 0.41 0.01 6 Chuan Hup Hldg 0.26 unch 64 Cosco Corp 0.69 0.01 674 Cwt Limited...............1.43 0.03 1537 Ezra Hldgs 1.10 0.04 5483 First Ship Lea 0.11 unch 931 Grand Banks 0.21 -0.01 94 Jaya Hold Ltd K1Ventures Keppel Corp
      240 words
    • Article, Illustration
      Lock icon Search for MH370 leaves KL in jurisdictional tangles
      680 20 AFP [KUALA LUMPUR] The Malaysia Airlines crash investigation is shaping up as the most challenging in history due to jurisdictional tangles and a lack of evidence so far, and any answers could take years to emerge. In the ongoing search for flight
      AFP; PHOTO: AFP  -  680 words
  • Page 20 Advertisements
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      82 20 APRILISSUEOUTNOW! YOUNG PARENTS P1 SEMINAR 2014 TOPICS =Is he ready for Primary 1? =English masterclass =Who’s afraid of maths? =Score better in Mandarin WHEN April 12, 2014 (Saturday), 1pm 4pm WHERE Holiday Inn Singapore Orchard City Centre, Level 2 (Crystal Ballroom) HOW MUCH $18 per person $28 for two EARLY
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      1390 21 I have been looking forward to the year 2030. I will be 62 then and thus, can finally lookforward to endless rounds of golf every week. It is a good retirement plan that any serious golfer would approve of. However my plan was short-lived when the Government announced that my
      1,390 words
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  • Page 22 Advertisements
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      2499 22 The Business Times CLASSIFIED $P tC I nL SUPPLE XT BUY ELL FIN More youngsters learning to golf ByHedyKImo Golf is on the upswing and looks set for a long drive inland scarce Singapore, going by what seasoned industry players say. The Government's announcement last month to take back the
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      1199 23 The Business Times CLASSIFIED s p A. A BUY SELL FIN C I n L SUPPLE CFDs:The alternative investment option Want to expand your investment portfolio? Contracts for difference (CFDs) give you a great deal of trading flexibility, allowing you to profit from movements in financial markets regardless of the
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  • PROPERTY
    • Article
      Lock icon More properties up for auction but few sold
      772 24  -  Only six of the 132 units in Q1, up from 120 in Q4, snapped up for $17.87m By LYNETTE KHOO lynkhoo@sph.com.sg THE number of properties put up for sale via auction is increasing as more sellers are turning to the auction market
      772 words
    • Article, Illustration
      Lock icon Americans want big homes with green features
      747 24 WP [WASHINGTON] Is America’s love affair with big houses finally over? Yes and no. In 2013, fewer big houses were built, but the average size for new homes continued to increase. According to US census data, the percentage of new houses built in
      WP; PHOTO: BLOOMBERG  -  747 words
  • Page 24 Advertisements
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      487 24 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements WATS D04 HOUSE FOR SALE OCEAN DRIVE Seaview living Bunglw. A&A 2012 Worth $5.6m 2sty+ basement, 5 bdrm+ dining+ 2 maid rms gym, pool. Land 9580/ *****sf. Alan 9852 9055 D04 HOUSE FOR SALE SENTOSA Bungalow Sentosa 3½-Storey 8159 sqft,6+1 ensuite, 2
      487 words
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      116 24 D16 APARTMENT FOR SALE EASTWOOD REGENCY Eastwood Regency. Freehold. 3+1, Penthouse. $14XX psf. Also for rent $3.3K. Avail 1 July’14. D18 APARTMENT FOR SALE MELVILLE PARK Below Valuation! $950K secures 3+1 Melville Pk 1313 sf. Reno. move in. Spacious. Face pool. MRT/ amenities. D18 APARTMENT FOR SALE THE TROPICA Unblocked
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      837 25 HOTTEST AND BEST SELLING COMMERCIAL PROJECT! OFFICES MEDICAL SUITES F&B Jurong Gateway Singapore's Largest Commercial Hub Outside the City SALES GALLERY AT VENTURE AVENUE (ENTRANCE VIA JURONG EAST STREET 11) (OPEN DAILY FROM 10AM 7PM) Rare Limited Supply Investors' Best Choice 99 Years No ABSD/SSD No Resale Restriction Foreigners Eligible
      837 words
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      Lock icon Page 25 Advertisements Column 2
      182 25 D03 FACTORY FOR SALE HENDERSON ROAD Rare 3-sty FH strata terr fty. 8417sf. Dormitory approved, pte lift. 8 carpark lots. 9679 7717 Keith D26 FACTORY FOR SALE TAGORE LANE FH. 4 sty, B1 fty Tagore Lane w/ mezzanine 7600/*****sf up, 6m ceiling hgt, dormitory. Corp image. At value! Good rental
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  • Article
    Lock icon SHIPPING TIMES
    2335 26 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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      73 27 mporters coking for Warehouse Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE WONG AT *****327 II THE OFFSHORE OIL GAS SPECIAL SUPPLEMENT IS NOW NLINE If you missed our recent superb editorial and industry highlights in The Business Times, log on to http://events.stclassified.sg/bt-offshoreoilandgas/ to
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      Lock icon Page 27 Advertisements Column 2
      18 27 USE THIS SPACE TO SELL CALL JOE WONG AT 9620 1327 TO ADVERTISE The Business Times Shipping Times
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      2863 28 Transaction date: Mar 27 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Company Last 14 10.4 8Telecom Vol Day Last Quote ('000) High Low Buyer Seller Div Gr Yld C'vr 181.6 102.4
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    • Article
      Lock icon SGX CATALIST
      279 29 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 35 22 t 3Cnergy 500 Vol Day 2 0.9 t Advanced System 1.2 unch ***** 1.3 1.1 1.2 1.3 21.1 Div Gr Yld Net
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    • Article
      Lock icon UNIT TRUST & FUNDS
      11498 29 UNIT TRUST FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha FuncTCI A!** Aberdeen Asset Mgt Asia Limited APS Alpha Fund (USD)!** 1.18/ Aberdeen Asset Mgt Asia Limited Global Emerging Markets!** Asian Smaller Cos! China Opportunities' 1.8769/ 2 668/ EM Local Ccy Bond 0 8928/ European Opportunities!" 1.3397/ Global
      11,498 words
    • Article
      Lock icon GLOBALQUOTE
      262 29 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 61.5 34.4 AVJennings A55 -2 4 55 55 55 59 3.6 6.4 4.5 203.6 52 35.5 Genting HK US$ US40 +0.5 2447 40 39 39.5 40 2633.8
      262 words
    • Article
      Lock icon SGX ETF
      1097 29 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 121 108.3 ABF SG Bond ETF 113.5 -0.5 2 113.5 113.5 113 113.5 518.1 143 119 CIMB APAC Div 100S$D 126.7 +0.9 0 126.7 126.7 124.9
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  • FINANCE & COMMODITIES
    • Article
      Lock icon SGX DERIVATIVES TRADING
      686 30 Mar 27 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.67 *****.85 *****.81 Jun14 *****.00 *****.00 *****.00 *****.00 ***** *****4 Sep14 *****.00 204 2289 MSCI TAIWAN INDEX FUTURES SPOT 307.53 309.37 307.05 Mar14 307.90 309.80 307.40 309.40 *****1 ***** Apr14 308.10 309.90 307.60 309.60
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    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      373 30 In local curr In S$ In US$ dy yr dy yr dy yr Mar 26 Index Change Change Change Change Change Change World Preliminary 1184.0 0.4 0.0 0.3 0.5 0.5 0.1 EAFE Preliminary 936.8 0.7 -2.0 0.7 -0.8 0.8 -1.2 Europe Preliminary 1360.7 0.6 0.4
      373 words
    • Article
      Lock icon INTERBANK CROSS RATES
      471 30 Mar 27 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.023 5.735 0.670 7.163 55.587 105.672 0.943 9.894 3.042 1.065 90.382 41.576 1.169 9.897 0.818 28.212 30.086 0.557 0.923 Canada 0.977 5.603
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    • Article
      Lock icon SIBOR
      31 30 Mar 27 (S$) 1 mth 0.***** 2 mths 3 mths 0.***** 6 mths 0.***** 9 mths 12 mths 0.***** SWAP Offer rates (S$) (S$) 1 mth ..0.***** Source: Thomson Reuters
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    • Article
      Lock icon GOVERNMENT SECURITIES
      86 30 Mar 27 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 6-Month BS*****Z 27-Jun-14 0.32 1-Year BY*****T 31-Oct-14 0.34 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0W 1.13 01-Apr-16 101.22 101.38 101.25 5-Year NX*****W 2.5 01-Jun-19 104.82 104.90 104.75
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    • Article
      Lock icon PRECIOUS METALS
      138 30 Mar 27 GOLD(US$/oz) Mar 27 Mar 26 Hong Kong 1301.00 1316.00 Mar 26 Mar 25 London 1303.50 1311.90 1304.35 1312.00 Source: Thomson Reuters CAST BAR Mar 27 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 79 50 5gm 315 260 10gm 587 523
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    • Article
      Lock icon PALM OIL
      57 30 Mar 27 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Apr 14 2761.0 2770.0 2761.0 2744.0 125 1826 May 14 2711.0 2709.0 2716.0 2670.0 5587 ***** Jun 14 2692.0 2691.0 2695.0 2652.0 ***** ***** Jul 14 2674.0 2670.0
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      155 30 Mar 27 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1686 1.1692 0.9231 0.9235 Canadian dollar 1.1418 1.1425 0.9024 0.9019 Euro 1.7432 1.7438 1.3769 1.3773 NZ dollar 1.0970 1.0977 0.8665 0.8670 Sterling pound 2.0976 2.0984 1.6569 1.6574
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    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 30 As at 9am Mar 27 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.194 1.138 Can dollar 1.162 1.118 Euro 1.787 1.702 Sterling pound 2.138 2.056 NZ dollar 1.114 1.072 US dollar 1.292 1.231 Local dollars to 100 units of foreign
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    • Article
      Lock icon INTERBANK RATES
      158 30 Mar 27 $S Offer Bid 0vernight 0.15 0.10 1-month 3/8 1/4 2-months 3/8 1/4 3-months 7/16 5/16 Overnight mode: 0.12 US$ Offer Bid 7 days 0.20 0.10 1 month 0.25 0.15 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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    • Article
      Lock icon CHICAGO BOT
      109 30 Mar 26 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low May 14 1440.00 1428.00 1441.75 1420.75 Jul 14 1410.00 1401.25 1411.75 1394.25 Aug 14 1348.75 1342.25 1350.00 1334.50 Sep 14 1251.25 1246.00 1252.50 1241.75 SOYBEAN OIL (60,000 lbs; US cent/lb) Close Previous High/Low May 14
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    • Article
      Lock icon LIFFE
      94 30 Mar 26 COCOA (£/tonne) Close Prev High Low May 14 1875 1875 1879 1862 Jul 14 1875 1874 1878 1863 Sep 14 1874 1873 1878 1862 Dec 14 1859 1857 1862 1845 COFFEE(US$/tonne) Close Prev High Low Mar 14 2145 2139 2169 2123 May 14 2080 2073 2099 2047
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    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      1182 30 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 39 0.0 5 -89 52 Asia-Pacific Strategic W*****6 Ratio Exer Price Ascendas Reit MB eCW*****1 Disc Ascendas Reit MB ePW*****1 1.1 0.2 200 1 Asiatic Grp(Hldgs) Ltd W*****5
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    • Article
      Lock icon CRUDE OIL & PRODUCTS
      70 30 CRUDE OIL PRODUCTS Mar 26 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 106.69 -0.69 WTI (Near Mth) 100.24 0.70 Dubai (1-Mth F) 103.76 0.04 Tapis blend 111.40 0.05 Minas 107.40 0.55 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 101.78 -0.50 Jet Kerosene 119.88 0.07 US$/barrel OpecOil Basket
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    • Article
      Lock icon US$/S$ FORWARD RATES
      22 30 Mar 27 S$ Bid Offer 1-month 1.2660 1.2661 2-months 1.2660 1.2661 3-months 1.2660 1.2661 6-months 1.2658 1.2660 Source: OCBC
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    • Article
      Lock icon LONDON METALS
      65 30 Mar-26 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1685.50 1709.25 3 months 1729.00 1752.50 Copper, Grade A(US$/tonne) Cash 6510.50 6605.75 3 months 6510.00 6603.00 Lead(US$/tonne) Cash 2041.75 2062.00 3 months 2066.00 2085.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00 3 months *****.00
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  • Page 31 Miscellaneous
    • Miscellaneous
      Lock icon Page 31 Miscellaneous Column 1
      352 31 CRYPTIC CROSSWORD Across 1 I have dessert with dram being brought round plane (4-6) 6 A hundred in English house? It makes for increased sound (4) 10 A sign of something missing? Trouble with that hat going astray (5) 11 Adhesive stuff a lot peels off (9) 12 Maiden starts
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  • Page 32 Advertisements
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      135 32 mm i 9 I M WV.W FM bsv'mIM IOSS92 ira •t y < one p/ace I «$oM A// thegr^otsongsm it Cl M V .7 i V w v 5592 BUCKET LIST S 1 [2 6*0 oh (K US as r 0 6 a luaratloi'v 1 >7 i ,.b" 0 1
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  • Page 34 Advertisements
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      44 34 ALL EYES ON MODI It’s a battle between him and the rest in India polls Singapore boxer keeps hardworkin g mum in mind as he chases Olympic dream GET YOUR COPY TODAY FROM ALL 7-ELEVEN OUTLETS TO ADVERTISE: CALL KALWANT (*****327) OR NISHAL (*****438)
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  • Page 35 Advertisements
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      116 35 tS\ Innovative Oral Hygiene US Patented SESEI The Company that first brought you SoFresh® Tongue Cleaner Flossing Toothbrush in Singapore... Go' fresV' tot iTv'Vta'' 6 easV s A Vine SoFteso ora9 e w Convenience for all your On-The-Go needs •Travelling, Outdoor Activities.... Ladies' Handbag, Shirt Pocket, etc... SoFresh®bristles are made
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  • executive lifestyle
    • Article, Illustration
      Lock icon Song of the Maligned MRT commuter
      417 36  -  OFF THE CUFF Jaime Ee LIFE’S hard when you take public transport. All you want to do is get from point A to point B with as little hassle as possible, but when you’re expected to be good Samaritan, first aid officer, martial arts
      417 words
    • Article, Illustration
      Lock icon Shaking it up
      1783 36  -  Is Singapore Asia’s new cocktail capital? DEBBIE YONG looks at our booming cocktail bar scene, and how it got to where it is today DEBBIE YONG debyong@sph.com.sg AT 25, he drew a cushy $5,000 monthly salary as an army regular, owned a car and an HDB maisonette,
      PHOTO: YEN MENG JIIN; FILE PHOTO  -  1,783 words
    • WINE/PURSUITS
      • Article, Illustration
        Lock icon Cabbages and kings, and pigs with wings
        1141 31  -  NK YONGlauds all manner of wines the hyped-up ones, the lesser vintages and beauties from disparate regions NK YONG READERS familiar with L ew i s C arro ll s Through the Looking Glass will recognise these lines: “The time has come the
        PHOTOS: BLOOMBERG, FILE PHOTO  -  1,141 words
      • Around Town
        • Article, Illustration
          Lock icon Pick of the Week
          138 31 Earth Hour: Help save the Earth this weekend by joining in the Official Lights Off Ceremony. This year, Singapore is the heart of the Earth Hour celebrations around the world as the cast of the upcoming summer blockbuster, The Amazing Spider-Man 2, fly here to raise
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        • Article
          Lock icon Exhibitions
          212 31 Chinatown Vinyl Squad: Chinese vinyl record covers from the seventies and eighties have been given a makeover by 25 local and international artists who were each given a record cover and asked to give it a modern twist. The results can be seen in this exhibition which will feature
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        • Article
          Lock icon Theatre
          96 31 Rapunzel: There’s plenty of family fun to be found in Rapunzel, a musical retelling of the famous fairytale. The latest production by the Singapore Repertory Theatre’s The Little Company, Rapunzel promises to bring audience members on a journey of self-discovery and friendship. Rapunzel runs until April 30 at DBS
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        • Article
          Lock icon Festival
          96 31  -  Compiled by CHEW HUI-YAN hychew@sph.com.sg Encore Fort Canning: Watch some of the world’s best-loved big screen musicals in the open this weekend at Fort Canning Park. An outdoor screening concept, Encore Fort Canning will feature Grease, A Hard Day’s Night and Mamma Mia!. After the screening on each night,
          96 words
      • Article, Illustration
        Lock icon Checking out exotic spots in cruise style
        557 31  -  By CHEW HUI-YAN hychew@sph.com.sg PLANNING a trip to exotic locations such as the Kimberly region of Western Australia or Micronesia is no easy task it’s expensive and many of these remote locations lack the infrastructure such as airports and hotels to support tourism.
        557 words
    • ARTS
      • Article, Illustration
        Lock icon S’pore works to dominate HK private art sale
        752 32  -  They make up about 70% of SEA+, with the rest from Thailand, Vietnam, the Philippines and Indonesia, reports RACHEL LOI reports RACHEL LOI rachloi@sph.com.sg FOR the first time, Singapore has taken pole position in a private art sale in Hong Kong next
        PHOTOS: CHRISTIE'S IMAGES LTD  -  752 words
      • Article, Illustration
        Lock icon Recording human impact on the earth
        968 33  -  Edward Burtynsky tells CHEAH UI-HOON that he wanted to photograph nature but wished to do it with a different angle CHEAH UI-HOO N uihoon@sph.com.sg Photographing nature in all its natural glory has been done by greats such as Ansel Adams and other landscape photographers.
        PHOTO: YEN MENG JIIN; PHOTO © EDWARD BURTYNSKY, COURTESY NICHOLAS METIVIER GALLERY, TORONTO/SUNDARAM TAGORE GALLERIES, SINGAPORE & HONG KONG  -  968 words
      • Article, Illustration
        Lock icon A pioneer artist’s ‘new style’ of calligraphy
        543 33  -  By RACHEL LOI By rachloi@sph.com.sg EVERYONE knows that “practice makes perfect”, but for Singaporean pioneer artist Lim Tze Peng, it’s been his way of life since he started painting 70 years ago. Even today, he feels an urge to improve his skills, and
        543 words
      • Article, Illustration
        Lock icon NUS beckons with art project, sketches
        480 33  -  By CHEAH UI-HOON uihoon@sph.com.sg FOUR people in an editing room, discussing ways to put together a documentary about an event. That event is a historical one, but instead of dry facts, why couldn’t one inject some imagination into the facts to create a possible
        480 words
      • Article, Illustration
        Lock icon Celebrating kids’ innocence and simplicity
        435 33  -  By CHEAH UI-HOON uihoon@sph.com.sg TWO Chinese sculptors celebrate the innocence and simplicity of children in their artworks one imbuing them with Buddhist values while the other choosing a more self-reflective, humanist approach. Xie Aige’s simple rounded characters with trees and organic shapes have a certain
        PHOTOS: ARTHUR LEE  -  435 words
    • ARTS/MUSIC
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        Lock icon Marking the Next Page(s) of The Arts House
        812 34  -  Developments in the art scene here include re-purposed and new venues this year from the changing of the guard at The Old Parliament House to a new playwriting centre. Wild Rice has announced plans for a new black box space at Kallang
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        Lock icon No joke, the comedians are coming!
        572 34  -  By CHEW HUI-YAN hychew@sph.com.sg SINGAPORE is in for a good laugh when 38 well-known faces from the world of comedy are brought together for the first Magners Singapore International Comedy Festival next month. Organised by Magic Rock, whose managing director Matt Bennett is the
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        Lock icon A centre to hatch plays, playwrights
        457 34  -  By RACHEL LOI rachloi@sph.com.sg EVER thought of trying your hand at playwriting? A new centre launched by the National Arts Council (NAC) called Centre 42 might just meet your needs. Addressing an industry concern about the lack of competent playwrights here, the NAC announced
        PHOTO: YEN MENG JIIN  -  457 words
      • Article, Illustration
        Lock icon Bruno Mars: the new King of Pop?
        520 34  -  By DYLAN TAN dylantan@sph.com.sg EVER since Michael Jackson’s passing, the music press has been wary of crowning anybody else the new King of Pop. But if there’s anybody that’s deserving of the title (and at least a crown prince), it’s got to be
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    • CINEMA/TV
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        Lock icon Overly long and a tad darker than usual
        550 35  -  But high-tech gadgetry, light-hearted banter and effects-laden action make up for that, says GEOFFREY EU GEOFFREY EU PARANOIA, conspiracy theories and undemocratic behaviour fill the air in Captain America: The Winter Soldier, making it the most overtly political movie to date from
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        Lock icon For the love of lunch and friendship
        556 35  -  By GEOFFREY EU THE Lunchbox is neither a hardcore foodie flick nor a lip-trembling tearjerker based on a Nicholas Sparks novel although it does contain elements of each. Fortunately, first-time director Ritesh Batra displays an assured touch as well as a sense of
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        Lock icon Growing up on ‘Game of Thrones’
        647 35  -  By NATALIE KOH DEEMED by fans as nothing more than a dreamy 13-year-old too immature and naive for the brutal world of HBO’s Game of Thrones Sansa Stark, the oldest daughter of the well-loved Stark family, is hardly considered a fan favourite; though actress
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        Lock icon Best of Venice Film Festival coming
        610 35  -  By DYLAN TAN dylantan@sph.com.sg HERE’S a dream come true for local cinephiles; the Venice Film Festival is coming to Singapore via a special edition of the upcoming 11th Italian Film Festival. More than 10 works that were shown in Venice last year will be
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