The Business Times, 12 September 2014

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Microfilm: NL33242
Total Pages: 32
1 32 The Business Times
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  • Title Section
    Lock icon Masthead
    25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg SfCl A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MCI (P) 051/08/2014 Friday, eptember 12, 2014
    25 words
  • Article, Illustration
    Lock icon Telcos wage bruising fibre broadband war
    691 1  -  M1 slashes 1Gbps plan monthly rate to lowest yet in market; ARPUs seen falling more By JOYCE HOOI joyceh@sph.com.sg @JoyceHooiBT [SINGAPORE] In the cutthroat world of high-speed and low-cost fibre broadband, the Big Three telcos are sharpening their knives. On Thursday, M1 slashed the
    Source: StarHub’s and M1’s respective earnings releases; Source: SingTel’s earnings release; Source: Nomura Global Markets Research report  -  691 words
  • MARKETS DIGEST
    • Article
      Lock icon FOREX
      65 1 GST INDEX 3,347.28 (+8.65) GST INDEX FUTURES 3,348.00 (+9.00) GSIMSCI 377.14 (+0.34) HSIMSCI FUTURES 376.90 (-0.10) US$ S$ US$ (S$ per US$) 1.263 (US$/S$ per 1.625 2.051 EURO (US$/S$/€ 1.294 1.634 Foreign currency per US$ S$ YEN 106.90 84.70 RM 3.192 2.528 HK$ 7.750 6.139 BAHT 32.15 25.46 RUPIAH
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    • Article
      Lock icon MARKETS
      49 1 Thursday Change KL COMP 1,866.11 -4.74 NIKKEI 225 15,909.20 +120.42 HANG SENG 24,662.64 -42.72 SET INDEX 1,580.87 -1.26 JAKARTA COMP 5,133.03 -9.96 MANILA COMP 7,202.06 -10.72 SEOUL COMP 2,034.16 -15.25 SHENZHEN B 970.94 +0.72 MUMBAI IND 26,995.87 -61.54 12 noon EDT Change DOW 17,033.89 -34.82 NASDAQ 4,575.41 -11.11
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    • Article
      Lock icon PRIME RATES
      21 1 SINGAPORE MALAYSIA MALAYSIA 6.55 HONG KONG TAIWAN INDONESIA 15.054 TAIWAN BRITAIN JAPAN 1.475 KOREA SWITZERLAND BRITAIN 0.50 Source: Bloomberg
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  • Article, Illustration
    Lock icon Inflation target will be met by any means, says BOJ
    693 1  -  By ANTHONY ROWLEY By in Tokyo THE Bank of Japan (BOJ) will do whatever is needed “without hesitation” in order to achieve its 2 per cent inflation goal, including further monetary easing if necessary, governor Haruhiko Kuroda indicated on Thursday
    Source: Bloomberg  -  693 words
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      149 1 HOCK LOCK SIEW Will markets make that vital switch after QE? PAGE 9 PROPERTY BT Property Classifieds COMMENTARY Tackling ISIS without starting Iraq War II PAGE 19 EXEC LIFESTYLE Beautiful minds PAGES 20 21 PAGES 27 28 Read Boardroom Matters, a series of articles from the Singapore Institute of Directors
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  • TOP STORIES
    • Article
      Lock icon THREE-MINUTE DIGEST
      509 2 Telcos wage bruising fibre broadband war M1 has slashed the monthly rate for its one gigabit per second fibre broadband plan from S$129 to S$49 as part of a promotion. FRONT PAGE Yen tumbles on hints of further easing THE Bank of Japan will do whatever is needed
      509 words
    • Article
      Lock icon Gold slips to lowest level in 7 1/2 months
      533 2 Reuters [LONDON] Gold fell to its lowest level in 7 1/2 months on Thursday, as European shares edged up and the dollar traded around a 14-month high while tensions in Ukraine seemed to be easing. Spot gold slipped 0.4 per cent
      Reuters  -  533 words
    • Article, Illustration
      Lock icon Crude down sharply as IEA pares oil demand forecasts
      813 2 Opec needs to further cut output to balance the oil market: analyst Bloomberg [LONDON] Brent crude declined to its lowest intraday level in more than two years, and West Texas Intermediate (WTI) to a 16-month low, as the International Energy Agency
      Bloomberg; PHOTO: BLOOMBERG  -  813 words
    • Article, Illustration
      Lock icon Legoland Malaysia considers S’pore as local market
      390 2  -  It operates direct shuttle from the Singapore Flyer By MALMINDERJIT SINGH msingh@sph.com.sg @MalminderjitBT [SINGAPORE] Despite being around for only two years, Legoland Malaysia has already built a steady market in Singapore and wants to attract more visitors from here. Established in September 2012,
      390 words
    • Article
      Lock icon Corrections
      49 2 IN “Serangoon Garden bungalow up for auction” (BT, Sept 11), we gave the wrong address for the bungalow up for auction. It should be 13 Brighton Crescent, not 14 Brighton Crescent. And the Aug 27 auction mentioned was Colliers’, not Knight Frank’s. We are sorry for the errors.
      49 words
    • Article
      Lock icon Shanghai FTZ will benefit S’pore: PM Lee
      499 4  -  It will offer new opportunities to our financial institutions and beyond, he says Reports by CHUANG PECK MING in Guangzhou THE likely move to make Shanghai a free trade zone (FTZ) will not be a threat to Singapore as a financial hub, but
      499 words
    • Article, Illustration
      Lock icon Giving Guangdong an economic boost
      418 4 GUANGDONG wants the Si-no-Singapore Guangzhou Knowledge City project to help lift the province up the economic development ladder and to serve as a model for other Chinese cities to follow. Expressing the twin goal in a half-hour meeting with Prime Minister Lee Hsien Loong here
      PHOTO: LIANHE ZAOBAO  -  418 words
    • Article
      Lock icon RivaLife utilities discount e-mail not from us: SP Services
      602 4  -  Latter files police report, says no truth in ‘scam e-mail’ on bill discount By CHAN YI WEN yiwenc@sph.com.sg @ChanYiWenBT [SINGAPORE] For just S$1, local premium lifestyle membership club RivaLife is offering a S$35 discount on your next utilities bill. The offer,
      602 words
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      17 2 Discover Greener Pastures Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Change of Address Notices
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      78 3 BENTLEY V V l 1 ■f m •W as 5] BENTLEY The embodiment oF power and status, The New Flying Spur V8. From $760,000*. Inclusive oF 5 years warranty maintenance. 45 Leng Kee Road, Singapore *****3 Tel: 6378 2628 www.singapore.bentleymotors.com WEARNES AUTOMOTIVE Bentley Flying Spur V8 Fuel consumption: 10.91/100km (combined);
      78 words
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      170 4 2014 MANU FACT URINGSOLUTIO NS EXPO Empowering Manufacturing Sectors with Solutions 8 to 10 October 2014 Suntec Convention Exhibition Centre Halls 401 403 ms-expo.com ft I 4 g To Exhibit: Tel: +55 6319 4021 Email: mse@sph.com.sg To Visit: Pre-register at ms-expo.com Organised by: sphere A SUBSIDIARY OF In partnership with
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      169 5 Audi Vorsprung durch Technik 0^ When it feels this good it becomes a new state of mind. The aLL-new Audi A3 Cabriolet. It changes everything. You don't know the real Cabriolet life until you drive the Audi A3. Boasting a fully automatic soft-top in 3 colours with heat and noise
      169 words
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon Stiff rivalry in the offing for SGX gold futures
      787 6  -  CME, Shanghai Gold Exchange also planning launches in the near future BY ANDREA SOH sandrea@sph.com.sg @AndreaSohBT SINGAPORE Exchange’s (SGX) gold futures due to be launched as soon as this month are set to face fierce competition in the region. CME Group,
      PHOTO: BLOOMBERG  -  787 words
    • Article, Illustration
      Lock icon Wyoming UCG project headway boosts Linc Energy shares
      543 6  -  By ANDREA SOH sandrea@sph.com.sg @AndreaSohBT LINC Energy’s shares rose as much as 4.5 cents, or nearly 4 per cent, to S$1.20 on Thursday after the energy exploration company said its underground coal gasification (UCG) project in the US state of Wyoming has
      543 words
    • Article
      Lock icon Hisaka gets SGX nod for RTO deal
      265 6  -  By JAMIE LEE leejamie@sph.com.sg @JamieLeeBT HISAKA Holdings said on Thursday that it has received in-principle approval from the Singapore Exchange to buy Regal International Holdings inaS$127.25 million reverse takeover deal. The acquisition, which would turn the automation solutions provider into a Malaysian property
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    • Article, Illustration
      Lock icon M&As: What's hot in 2015
      1352 7  -  Deals are being fuelled by prospects of the Asean Economic Community and benign tax environment, says MELVIN YONG MELVIN YONG The writer is general manager Singapore, CPA Australia REAL estate, financial services, manufacturing, and energy, mining and utilities are poised to be the hottest sectors
      FILE PHOTO  -  1,352 words
    • Article
      Lock icon Will markets make that vital switch after QE?
      729 9  -  HOCK LOCK SIEW By R SIVANITHY ON WEDNESDAY, Wall Street sprang to life after several listless days a move which some wire reports attributed to Apple’s unveiling of its new iPhone and watch. Maybe so, but more likely is that prices rose
      729 words
    • Article
      Lock icon Local firms in world and Asia-Pac sustainability indices
      268 9  -  By MINDY TAN tanmindy@sph.com.sg @MindyTanBT THREE local developers have been listed on the Dow Jones Sustainability World Index (DJSI World) and the Dow Jones Sustainability Asia Pacific Index (DJSI Asia Pacific). From the real estate sector, CapitaLand, Keppel Land and City Developments
      268 words
    • Article
      Lock icon Kingsmen unit buys Johor property
      268 9 KINGSMEN Creatives, through its wholly owned subsidiary K-Fix Production Sdn Bhd, has inked a deal to buy a freehold property in Malaysia’s Johor Baru for RM$35 million (S$13.9 million). The property, located in the town of Senai, has a land area of 37,104 square metres
      268 words
    • Article
      Lock icon Blumont takes 43% stake in uranium miner
      304 9  -  BY KENNETH LIM ken|im@sph.com.sg @KennethLimBT BLUMONT Group now holds a 43.08 per cent stake in privately held uranium miner Azarga Resources after converting US$19.1 million worth of convertible notes. The notes were converted into Azarga stock at 50 US cents per share. Azarga
      304 words
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      31 7 STRATEGY SPOTLIGHT THELEADINGERPSOLUTIONSPROVIDERTOSMEs Sage 50 UBS For Small Businesses Sage300ERP ForSMEs SageERPX3 For Mid-size Enterprises Payroll HRM, CRM, Manufacturing Solution, Distribution and Supply Chain, Business Intelligence, Project Job Costing, Asset Management
      31 words
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      259 7 Labuan International Business I and Financial Centre, Malaysia 25 SEPTEMBER 2014 PAN PACIFIC HOTEL, SINGAPORE 8.30AM-12.00PM Wealth: A BLESSING OR A BURDEN? Do you have in place a proper wealth planning strategy? How do you determine which wealth management tool suits you best? The blessings of abundant riches and prosperity
      259 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Exhausted after running on fumes
      572 8  -  hat’s market players’ perception of the meandering Singapore market STOCKS R SIVANITHY sivan@sph.com.sg @RSivanithyBT Senior Correspondent THERE was little to differentiate Thursday’s trading from Wednesday’s or, for that matter, Wednesday’s from last Wednesday’s or any day in the past few weeks the actives’ list comprised
      Source: Bloomberg  -  572 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      77 8 Sep 11 VALUE CLOSE BT OB/OS -472.00 +18.00 BT CADI -*****.00 -34.00 BT 10-day MA -*****.00 -48.00 FTSE ST Mid Cap 777.36 -0.37 FTSE ST Small Cap 548.14 -0.30 FTSE ST All Share 812.32 +1.52 FTSE ST China Top 198.71 +1.13 FTSE ST China 230.75 +1.48 FTSE
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    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 4 6 4 0 0 0 4 6 4 Manufacturing 36 43 55 2 12 13 38 55 68 Commerce 23 17 18 4 7 2 27 24 20 Tpt/Stor/Comms 13 12 17
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    • Article, Illustration
      Lock icon BROKERS’ TAKE
      905 8  -  Compiled by JOYCE HOOI Venture Corporation Sept 11 close: S$7.92 OCBC INVESTMENT RESEARCH, Sept 11 THE Semiconductor Industry Association (SIA) reported last week that sales in July 2014 grew 14.9 per cent, 11.2 per cent and 8.1 per cent y-o-y in Europe, the Asia-Pacific and the Americas, respectively.
      Source: Bloomberg  -  905 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      123 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 8,497 8,497 35,712 35,712 Manufacturing 221,815 57,132 278,947 125,335 4,190 129,525 Commerce 71,744 67,981 139,725 81,141 4,112 85,252 Tpt/Stor/Comms 72,917 7,679 80,596 96,649 1,474 98,123 Finance 17,127 96 17,223 168,855 25 168,880 Construction 43,766 31,114
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    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      118 8 Stock name Close Change Ascendas Reit 2.360 CapitaLand 3.280 CapitaMall Trust 1.990 -0.005 CityDev 9.850 +0.050 ComfortDelGro 2.550 +0.010 DBS Grp 18.380 +0.130 Genting Sing 1.190 -0.010 Global Logistic 2.850 -0.010 Golden Agri-Res 0.505 -0.010 HPH Trust USD 0.710 HongkongLand USD 6.920 +0.110 JMH 400 USD
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    • Article, Illustration
      Lock icon US dollar hits six-year high versus yen; sterling recovers
      579 8 CURRENCIES Reuters AFP [LONDON] The US dollar powered to a six-year high against the yen on Thursday and sterling recovered some ground after a recent bout of nerves over the prospect of Scotland voting for independence in a week’s time. A
      Reuters; AFP; PHOTO: AFP  -  579 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      56 8 VOLUME IHC 57,540,000 APAC Strategic 55,911,000 ThaiBev 39,711,000 Sincap 28,694,000 Vallianz 27,984,000 Genting Sing 26,951,000 Golden Agri-Res 24,606,000 Blumont 23,882,000 Armarda 23,272,000 Mirach Energy 23,148,000 VALUE($) DBS Grp 111,689,344 Jardine C&C 32,666,756 Genting Sing 32,170,025 ThaiBev 29,851,315 UOB 25,088,395 SingTel 23,474,730 OCBC Bank 22,974,520 ComfortDelGro 20,212,751 Global
      56 words
    • Article
      Lock icon RISES
      115 8 BY CENTS CLOSE UP DBXT USDIGInfl 5US$ ***** 117.4 0.3 Lyxor ThaiSET 10US$ ***** 89.6 0.5 DBXT iBoxxSvEu 5US$ ***** 65.6 0.2 DBXT MSAsExJp 10US$ 3788 58.1 1.2 JMH 400 USD 6260 50.5 0.6 Pan Ocean 100 470 50.0 11.9 DBXT Nifty 10US$ ***** 34.1 0.2 JSH 500 USD
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    • Article
      Lock icon FALLS
      126 8 BY CENTS CLOSE DOWN DBXT FTChina25 10US$ 3270 -107.3 -2.5 DBXT DBLCI-OY 5US$ 3189 -77.0 -1.9 DBXT MSKorea 10US$ 6306 -65.6 -0.8 GLD 10US$ ***** -61.9 -0.4 DBXT SPASX200 10US$ 4220 -39.1 -0.7 Lyxor Indonesia10US$ 9287 -37.9 -0.3 DBXT AUDCS 5SG$ ***** -32.0 -0.1 DBXT DBCBBBG10US$ 2758 -29.0 -0.8
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      Lock icon FTSE CATALIST INDEX
      4 8 DAILY
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      69 9 GREAT MUSIC. GREAT FUN. TRUE CLASS. iSS92 FM i 1 ft fib 1 V ot»'. WMMl: 5« at* is-. •r. SlftS Slats w &f^SA<V ,'.4 a? <n *a <* <*****? <3 *5 6 b3/% f££W5* rXO n QO Q 0 B «s s«bs» ot«2 AS 7?«ottoOoOo« S®» ottoSottotJofl/Jy L ”t*o«!oeo0£5
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  • SINGAPORE NEWS
    • Article
      Lock icon SIMTech in tie-up to develop printed electronics applications
      288 10  -  By CAI YONG caiyong@sph.com.sg THE Singapore Institute of Manufacturing Technology (SIMTech), a research institute at the Agency for Science, Technology and Research (A*Star), on Tuesday announced that it is collaborating with 12 companies to develop applications for its printed electronics technology. Printed
      288 words
    • Article, Illustration
      Lock icon HDB fleshes out Smart Town framework
      685 10 It will involve energy saving, smarter homes and estate management tools SINGAPORE’S Housing and Development Board (HDB) on Thursday announced a smart town framework and said it will pilot selected initiatives in Punggol Northshore to assess their viability and suitability, before extending them to
      PHOTOS: HDB  -  685 words
    • Article
      Lock icon Singapore start-up develops unique water treatment technology
      420 10  -  It is said to be faster and costs less than traditional processes By JACQUELYN CHEOK jaccheok@sph.com.sg @JacCheokBT NANO Sun, a two-year-old water technology spin-off from the Nanyang Technological University (NTU), has developed a first-of-its-kind multi-func-tional water filtration membrane that may revolutionise water treatment
      420 words
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      1546 10 THE BUSINESS TIMES NOTICES GKE GKE CORPORATION LIMITED (Company Registration No. *****1941G) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of GKE Corporation Limited (the “Company”) will be held at 30 Pioneer Road, Singapore *****2 on Monday, 29
      1,546 words
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      26 10 Everything, plus the kitchen sink Select furniture for your home or showcase your merchandise in CLASS 114 To advertise, call the Print Classified Hotline: 1800-289 9988
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  • MALAYSIA/INDONESIA
    • Article
      Lock icon Malaysia’s industrial production slows in July
      484 11  -  Exports growth also lower than expected; rate rise unlikely soon By S JAYASANKARAN in Kuala Lumpur MALAYSIA’S stutter at the start of its third quarter indicates that the first half’s robust growth is unlikely to be replicated during the second. Data released by the
      484 words
    • Article
      Lock icon Mitsubishi may invest in new Indonesia car plant
      244 11 Reu ters [JAKARTA] Japan’s Mitsubishi Corp is considering investing in a new car factory in Indonesia with its partners, the trading house said, as the country seeks to lure investments into manufacturing and reduce its reliance on resources. Mikio Sasaki, Mitsubishi Corp’s
      Reuters  -  244 words
    • Article
      Lock icon M’sia developer sales hit by cooling measures
      485 11  -  After H1 slowdown, negative outlook increases for H1 ’15 By PAULINE NG in Kuala Lumpur MALAYSIA’S property cooling measures appear to have hit home, with nine out of 10 developers in a recent survey reporting a slowdown in sales in the first six
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      496 11 IS 21 September 2014 IGNITE. ACCELERATE. EXHILARATE CATCH the live telecast of 2014 Singapore Night Race on 21 September. TIME FOR A PIT STOP At Crossroads Bar I 15-21 September 2014 BLAZING BBQ BONANZA At Blue Potato I 19 21 September 2014 Wi Terms and conditions apply. J>- raff o®
      496 words
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  • CHINA/INDIA
    • Article
      Lock icon China inflation in August cools more than expected
      751 12 With CPI well below target, govt has plenty of room for fresh stimulus Reuters [BEIJING] China’s consumer inflation cooled more than expected in August, further evidence that the economy is losing momentum, but economists are divided over whether Beijing will use the
      Reuters  -  751 words
    • Article
      Lock icon Tech factory workers in southern China strike over benefits
      406 12 Reuters [SHANGHAI] About 16,000 workers at two subsidiaries of Taiwanese touch-screen maker Wintek Corp went on strike over holiday benefits this week in southern China in one of the biggest work stoppages this year, the Xinhua news agency reported. A Wintek
      Reuters  -  406 words
    • Article
      Lock icon No India import duties on solar panels after all
      407 12 Previous govt’s policy reversed amid frequent blackouts AFP [NEW DELHI] India’s new government has decided not to slap anti-dumping duties on solar panel imports from the United States, China and other countries, reversing a policy of the previous administration, a minister
      AFP  -  407 words
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  • WORLD
    • Article
      Lock icon Australian employers add record jobs as currency jumps
      787 13 121,000 increase in August is led by surge in part-time jobs; jobless rate down at 6.1% Bloomberg [SYDNEY] Australian employers added a record number of jobs in August, underscoring the central bank’s reluctance to cut interest rates further and sending the local
      Bloomberg  -  787 words
    • Article, Illustration
      Lock icon No ‘Nokia moment’ from Apple Watch for Swiss watchmakers
      531 13 ‘Transient products’, not ‘items of enduring value’, they sniff Reuters [ZURICH] Apple Inc’s iPod upended the music industry, and its iPhone knocked Nokia off its smartphone perch. But Swiss watchmakers breezily dismissed warnings that the technology giant’s new wristwatch gadget could
      Reuters; PHOTO: BLOOMBERG  -  531 words
    • Article, Illustration
      Lock icon Minecraft’s endurance shows why Microsoft is eyeing a stake
      759 13 Bloomberg [NEW YORK] In a world known for fleeting fads, Minecraft may have staying power. Unlike video games that had spectacular success and then fizzled out, to investors’ horror, Minecraft is a create-it-yourself platform that can go pretty much anywhere a
      Bloomberg; PHOTO: IGN.COM  -  759 words
    • Article
      Lock icon Mood of Japan manufacturers brightens: poll
      590 13 Reuters [TOKYO] Confidence at big Japanese manufacturers turned positive in July-Sep-tember and they expect business conditions to improve further in the following quarter, a government survey showed, suggesting a gradual economic recovery from the slump after April’s sales tax hike. The survey also showed
      Reuters  -  590 words
    • Article
      Lock icon Treasuries climb as M-E tension boosts demand
      606 14 Obama’s address send traders looking for safe assets before FOMC meets Bloomberg [LONDON] Treasury 10-year notes rose for the first time in six days as concern that political tension in the Middle East will intensify stoked demand for the safest assets before the
      Bloomberg  -  606 words
    • Article, Illustration
      Lock icon German inflation stuck at a low in August
      242 14 AFP [FRANKFURT] Inflation in Germany, Europe’s biggest economy, remained stuck at its lowest level in four and a half years in August, according to final data on Thursday. Confirming a preliminary flash estimate released at the end of last month, the federal
      AFP; PHOTO: BLOOMBERG  -  242 words
    • Article
      Lock icon US carriers seek bigger role in LNG exports
      460 14 Lawmakers urged to push for the use of US-flagged vessels Reuters [WASHINGTON] The US government should ensure that international trade of US natural gas, and potentially crude oil, will offer opportunities for the domestic shipping industry, maritime groups said on Wednesday. Booming
      Reuters  -  460 words
    • Article
      Lock icon Biggest banks shrink capital gap to meet Basel III targets
      238 14 Bloomberg [MILAN] The largest global lenders narrowed their aggregate capital shortfall by 74 per cent in the second half of 2013 to 15.1 billion euros (S$24.7 billion), according to the Basel Committee on Banking Supervision. “Data as of Dec 31,
      Bloomberg  -  238 words
    • Article, Illustration
      Lock icon Smaller banks will merge: UBS chief
      173 14 Reuters [FRANKFURT] Swiss bank UBS’s chairman Axel Weber expects mergers among smaller banks in Europe, mainly in the retail sector, while larger lenders were less likely to join up due to regulatory concerns. “Consolidation will certainly happen among smaller banks,” Mr Weber said in
      Reuters  -  173 words
    • Article
      Lock icon Ebola outbreak takes wind out of W African nations
      501 14 Reuters [FREETOWN] Sierra Leone has cut its 2014 economic growth forecast to 7 or 8 per cent as an Ebola outbreak cripples business in the iron ore-ex-porting West African country, the government said on Wednesday. The economic outlooks for Guinea and
      Reuters  -  501 words
    • Article
      Lock icon Volatility surge means boon for back-to-work US traders
      789 15 Speculation that US policymakers will raise interest rates sooner on the rise Bloomberg [NEW YORK] Currency traders returning to their desks after vacations in the US are experiencing a tumultuous September led by developed markets traditionally seen as stable. Volatility among Group
      Bloomberg  -  789 words
    • Article, Illustration
      Lock icon Independent Scotland might need big currency reserves: Bank of England
      636 15 Reuters [LONDON] An independent Scotland would need big stockpiles of sterling if the country adopted the pound without an agreement with the rest of the United Kingdom, Bank of England governor Mark Carney said on Wednesday. Scotland’s future currency arrangements
      Reuters; PHOTO: AFP  -  636 words
    • Article
      Lock icon Myanmar can boost Asian prosperity: ADB
      608 15  -  It ‘stands at a critical juncture amid a wave of political, social and economic reforms’ By ANTHONY ROWLEY in Tokyo MYANMAR faces formidable development challenges as it re-emerges from decades of virtual isolation and military rule. But, at the same time, the country has
      608 words
    • Article
      Lock icon Twitter seeks up to US$1.5b in convertible debt offering
      391 15 Bloomb erg [SAN FRANCISCO] Twitter Inc is tapping debt markets for the first time, with plans to raise as much as US$1.5 billion to invest in acquisitions and expansion. The San Francisco-based microblogging company is selling the convertible bonds in two
      Bloomberg  -  391 words
    • Article
      Lock icon EU to slap new round of sanctions on Russia
      541 16 Reuters AFP [KIEV] The European Union (EU) has agreed to slap a new round of sanctions on Russia on Friday despite a fragile ceasefire in Ukraine, where Nato said Moscow still had 1,000 troops on the ground. Diplomatic sources in Brussels
      Reuters; AFP  -  541 words
    • Article
      Lock icon EU’s OTC derivatives proposal raises hackles
      527 16 It will drive up Asian firms’ trading costs, hit EU banks Reu ters [HONG KONG] Tensions are growing between regional regulators over a proposal on collateral requirements that would make it more costly for Asian companies to trade with European banks in off-exchange derivatives
      Reuters  -  527 words
    • Article, Illustration
      Lock icon Development banks pledge to step up climate action
      504 16 They say they’ve provided US$75b since 2011, now vow to build on their work Re uters [OSLO] The world’s six multilateral development banks promised on Thursday to do more to help emerging nations fight climate change as part of efforts to reinvigorate
      Reuters; PHOTO: REUTERS  -  504 words
    • Article, Illustration
      Lock icon Consumer confidence in US falls to lowest level in 5 weeks
      526 16 Bloomberg [WASHINGTON] Consumer confidence fell to a five-week low as Americans’ views on the economy and the buying climate soured. The Bloomberg Consumer Comfort Index declined to 36.5 in the period ended Sept 7, the worst reading since the
      Bloomberg; PHOTO: AFP  -  526 words
    • Article
      Lock icon MasterCard loses fight over card-fee limits
      665 16 Judgment may spur legal proceedings against card levies across Europe Bloomberg [LUXEMBOURG] MasterCard lost a court challenge to a European Union (EU) antitrust curb on card-pay-ment fees in a ruling that bolsters efforts to limit a cash cow for banks. The EU’s Court of
      Bloomberg  -  665 words
  • Page 13 Advertisements
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      442 13 NOTICE OF INTENTION TO DECLARE PREFERENTIAL DIVIDEND Name of company ELK Security Pte Ltd (In Creditors’ Voluntary Liquidation) (Company Registration No. *****1210Z) Address of former registered office 625 Lorong 4 Toa Payoh #05-01 General Magnetics, Singapore *****9 Last day for receiving proofs 29 September 2014 Name of Liquidator Kong Sik
      442 words
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  • Page 15 Advertisements
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      890 15 THE BUSINESS TIMES NOTICES NOTICE OF INTENDED PREFERENTIAL DIVIDEND Name of Company Address of former registered office Court Number of Matter Last day of receiving proofs Name of liquidators Address of liquidators ALPINE BAU GMBH (SINGAPORE BRANCH) (In Liquidation) Reg. No. T03FC6440L 1 Fifth Avenue #03-03A Guthrie House Singapore *****2
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  • AVIATION/SHIPPING
    • Article, Illustration
      Lock icon M’sia calls for final search for MH17 victims’ remains
      509 17 Winter coming, so time running out to recover those yet to be found: minister AFP [MOSCOW] Malaysia’s defence minister on Wednesday called for experts to carry out a final search at the crash site of downed Malaysia Airlines (MAS) flight MH17
      AFP; PHOTO: AFP  -  509 words
    • Article, Illustration
      Lock icon India seeks to clear slums near Mumbai airport amid terror fears
      737 17 Bloomberg [NEW DELHI] India’s federal government has asked officials in Mumbai for a plan to evict 90,000 slum dwellers living around the airport after terrorist attacks on airfields in Pakistan, a person familiar with the proposal said. The Civil
      Bloomberg; BLOOMBERG FILE PHOTO  -  737 words
    • Article
      Lock icon Vietnam, China in spat over fishing boat
      357 17 Reuters [HANOI] China said on Wednesday that its forces had boarded a Vietnamese trawler last month in disputed waters in the South China Sea and confiscated explosives used for fishing, rejecting accusations from Vietnam that its ships had been attacked. Ties between the
      Reuters  -  357 words
    • Article
      Lock icon Air France-KLM vows to boost profit with new performance plan
      507 17 Reu ters [PARIS] Air France-KLM pledged to improve its core earnings by 8 to 10 per cent a year through 2017 as part of a new strategic plan combining an assault on the European leisure market with efforts to improve
      Reuters  -  507 words
    • Article
      Lock icon Lufthansa pilots to strike again if offer falls short
      281 17 Reuters [BERLIN] Lufthansa’s pilots, holding their third walkout at the German airline within a week on Wednesday, said they remained ready to strike again if an updated offer on an early retirement scheme promised by Lufthansa did not go far enough.
      Reuters  -  281 words
    • Article
      Lock icon TRANSPORT STOCKS
      231 17 SGX '000 Sep 11 S$ +/-Vol Ch Offshore '000 Chuan Hup Hldg 0.30 unch 184 s$ Cwt Limited 1.76 0.01 281 Vol First Ship Lea Grand Banks...............0.26 unch 50 Jaya Hold Ltd 0.06 unch 9074 K1Ventures 0.19 unch 500 Keppel Corp 10.78 -0.03 1650 Mercator Lines 0.08 unch
      231 words
  • Page 17 Advertisements
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      65 17 NOTICE TO TRADE Singapore/Port Klang to Kolkatta/ Haldia and vice versa WINTER SEASON CHARGE For the sustainability of the trade during the winter season, notice is hereby given that we will implement a Winter Season Charge (WSC) of USD117.00per TEU on all SOC shipments (laden) from Singapore/ Port Klang to
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  • EDITORIAL & OPINION
    • Article
      Lock icon Keeping retirement goals in focus
      489 18 EDITORIAL DEBATE over retirement adequacy has heated up and the appointment of a panel to discuss four key areas of the Central Provident Fund is timely. These areas are possible adjustments to the Minimum Sum beyond 2015; enabling lump sum withdrawals; offering CPF payouts that
      489 words
    • Article, Illustration
      Lock icon Just what is making the deflation caucus tick?
      831 18  -  THE BOTTOM LINE PAUL KRUGMAN The writer is professor of economics and interna tional affairs at Princeton University, and winner of the Nobel Prize in economics in 2008 NYT WHAT is it that makes a powerful faction in our body politic demand
      NYT  -  831 words
    • Article, Illustration
      Lock icon Payments industry gets another shake-up
      1413 18  -  Retailers, banks should see Apple’s announcement as a catalyst to review their strategy By PAUL HENAGHAN The writer is managing director, APAC, ACI Worldwide WITH the news of the iPhone 6 and Apple Watch debuting with mobile wallet capabilities in the marketplace, Apple’s announcement has
      PHOTO:REUTERS  -  1,413 words
    • Article, Illustration
      Lock icon Tackling ISIS without starting Iraq War II
      1166 19  -  American public’s attitude towards US intervention in the Middle East also changing LEON HADAR Washington Correspondent HE ran in the Democratic primaries and later during the presidential campaign of 2008 as a critic of president George W Bush’s decision to go to war
      PHOTO: REUTERS  -  1,166 words
    • Article
      Lock icon Better that Saudis, not Americans, stop terror group IS
      753 19  -  By CLAUDE SALHANI The writer is a political analyst specialising in the Middle East and terrorism, and a contributor to oilprice.com, where this article was first published FOR the terrorist group known as the Islamic State, Syria and Iraq were a
      753 words
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      Lock icon Staving off the ravages of time by chewing right
      821 19  -  ANTHONY ROWLEY Tokyo Correspondent DENTAL health and mental health are not things that we normally associate with each other, yet the connection may be far more intimate and physical than most people realise, according to leading experts in the Japanese dental
      821 words
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  • PROPERTY
    • Article, Illustration
      Lock icon Regeneration projects in London banking on overseas demand
      818 20  -  Battersea Power Station on tour to woo home buyers, commercial tenants By LYNETTE KHOO lynkhoo@sph.com.sg @LynetteKhooBT [SINGAPORE] Developers of some of the largest regeneration projects in London are banking on overseas buyers’ interest in the live-work-shop experience of mixed developments. The Malaysian-backed
      PHOTO: KEVIN LIM/THE STRAITS TIMES  -  818 words
    • Article
      Lock icon UK home prices rise at slowest pace in a year
      357 20 Poll shows interest rate speculation may have dampened buyer confidence Reuters [LONDON] British house prices rose at the slowest pace in a year in August, according to a survey on Thursday that suggested speculation about higher interest rates has dampened
      Reuters  -  357 words
  • Page 20 Advertisements
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      465 20 Call Toll-free 1800-289-9988 To Place Your Classified Advertisements the Business Times CLASSIFIED BUY IT SELL IT FIND IT D04 HOUSE FOR SALE SENTOSA Bungalow Sentosa 3½-Storey 8159 sqft,6+1 ensuite, 2 living, Pool, Lift, Berth. Also for rent. Owner 9144 0027/ 9771 6341 D10 HOUSE FOR SALE SIXTH AVENUE 2 Sty
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      117 20 D04 APARTMENT FOR SALE THE COAST SENTOSA COVE 2626sqft, 4+1+ balcony, Sea view no noon sun tenanted facilities/ The Rochester, 1 level Penthse, 2540 sqft. 4+1+1 balcony. Tenanted. Call Now! D08 APARTMENT FOR SALE MERA SPRINGS Sale Rent! Freehold 3-bdrms condo near Novena MRT, good schs Medical hub! 1292 sqft.
      117 words
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      501 21 Preview Artist’s Impression 2014 M+S Pte. Ltd. Developer MS Residential 1 Pte. Ltd. (UEN no. *****5260M) MS Residential 2 Pte. Ltd. (UEN no. *****5262N) MS Commercial Pte. Ltd. (UEN no. *****5267H). Developer’s Licence no C0943. Tenure 99 years wef 1 July 2011. Lot no Lot (s) 273A PT, 359A PT,
      501 words
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      Lock icon Page 21 Advertisements Column 2
      162 21 D10 HOUSE FOR RENT GREENBANKPARK Greenbank Semi-D, 4000/ 3500sqft. 5-bdrm, greenery, gourmet kitchen. International School. Immed. $7.5K. Call Sam 8183 8310. D11 21 HOUSE FOR RENT 16A BARKER RD Prime ACS vicinity.2800/ 5100sf Newly rebuilt, beautiful design 5+ 1+ family+ pool. $20k. Others for sale. Owner 9863 5635/ 9727 2996
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      131 21 D15 HOUSE FOR RENT OPERA ESTATE 2½-storey, 2918 3000 sq ft, 5+1 Resort! 1600/3000 sq ft, 3+1, Modern! 1318/2600 sq ft, 4+1, Designer! $7K $9K. View 12noon to 1pm. D16 HOUSE FOR RENT EASTWOOD Very Rare! Designer 3-sty terrace. 3200 sf. 5+1rooms. Exquisite Balinese finishes. Furnished. Supermarket. $6,800. Call 9632
      131 words
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      170 21 D11 21 APARTMENT FOR RENT PARK INFINIA Park Infinia Wee Nam. 3+1, high floor. MBS view. 1442 sf. Partially furnished. Near to Novena MRT. Exclusive viewing! Call Diana Ching 8288 0833 D11 21 APARTMENT FOR RENT PEAK COURT Peak Court. 2-storey Maisonette. 3+1 Bedrooms. 2800 sqft. Quiet and greenery environment.
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      135 21 D03 FACTORY FOR SALE 2XX HENDERSON B1 3-storey. F’hold. 2600/ 8400 sf. 8 car park lots in front. Own entrance/ lift. Foreigner can buy. Also rent. 9154 3016/ 8207 9639 D08 OFFICE FOR RENT CONNEXION AT FARRER PARK Medical Suite, Directly above Farrer Park MRT. 851 sqft. High flr. Bare
      135 words
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  • Article
    Lock icon SHIPPING TIMES
    2145 22 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
    2,145 words
  • Page 22 Advertisements
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      54 22 USE THIS SPACE TO SELL CALL JOE WONG AT 9620 1327 TO ADVERTISE The Business Times Shipping Times PLACE YOUR AD HERE THE BUSINESS TIMES SHIPPING TIMES CALL JOE WONG AT 9620 1327 FREIGHT FORWARDER urgently needed by shippers Can they find your services here in the Shipping Times? The
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  • Page 23 Advertisements
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      90 23 Shipping lines seeking reliable Can they find your services here in the Shipping Times? The Business Times TO ADVERTISE, CALL JOE WONG AT *****327 Announce Your Corporate Development Come publicise your Project Completion, Ship Christenings Delivery of Newbuilds, Vessel Conversion Refurbishment, Award Wins Certifications, Corporate Image, Corporate Developments and Company
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      4065 24 Transaction date: Sep 11 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 13 10.4 8Telecom Last Sale --AAT Vol Day Last Quote (’000) High Low Buyer Seller 15 11.2 AEI C'vr Net
      4,065 words
    • Article
      Lock icon SGX CATALIST
      467 25 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 32.5 25 t 3Cnergy 500 Vol Day 1.9 0.7 t Advanced Systems 0.7 unch 600 0.7 0.7 0.7 0.8 13.6 Div Gr Yld Net
      467 words
    • Article
      Lock icon UNIT TRUST & FUNDS
      10624 25 UNIT TRUST FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** APS Alpha FuncTCI A!* Aberdeen Asset Mgt Asia Limited Aberdeen Asset Mat Asia Limited China Opportunities USD!** China Opportunities Global Emerging Markets USD 3 0583/ furopean Opportunities! 1 3178/ Global Emerging Markets 1 Global Opportunities/
      10,624 words
    • Article
      Lock icon GLOBALQUOTE
      245 25 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 65 50 AVJennings A65 +0.5 2 65 65 64.5 65.5 3.6 5.4 5.3 240.7 Last 343 257 TanChongInt HK303cd 302 310 9.7 3.5 3 6102.1 DISCLAIMER: All
      245 words
    • Article
      Lock icon SGX ETF
      1113 25 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 118 108.3 ABF SG Bond ETF Last 139.4 119 CIMB APAC Div 100S$D 137.5cd -0.3 137.5 137.5 136.1 138.8 110.5 94 CIMB APAC Div 100US$ US108.8cd
      1,113 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon SGX DERIVATIVES TRADING
      661 26 Sep 11 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.91 *****.51 *****.30 Sep14 *****.00 *****.00 *****.00 *****.00 *****1 *****8 Dec14 *****.00 *****.00 *****.00 *****.00 *****9 *****2 MSCI TAIWAN INDEX FUTURES SPOT 342.05 342.32 340.10 Sep14 340.20 342.10 339.00 339.10 ***** *****7 Oct14 340.00
      661 words
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      373 26 In local curr In S$ In US$ dy yr dy yr dy yr Sep 10 Index Change Change Change Change Change Change World Preliminary 1254.7 0.0 5.9 0.1 4.4 0.0 4.3 EAFE Preliminary 984.7 0.0 3.0 0.0 -0.5 -0.1 -0.6 Europe Preliminary 1405.7 -0.1 3.7
      373 words
    • Article
      Lock icon INTERBANK CROSS RATES
      471 26 Sep 11 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.004 5.616 0.708 7.100 55.668 108.174 0.979 9.493 2.924 1.119 93.608 40.180 1.157 9.992 0.857 27.530 29.459 0.564 0.916 Canada 0.996 5.595
      471 words
    • Article
      Lock icon SIBOR
      39 26 Sep 11 (S$) 1 mth 0.***** 2 mths 3 mths 0.***** 6 mths 0.***** 9 mths 12 mths 0.***** SWAP Offer rates (S$) 1 mth 1 mth 3 mths 3 mths 6 mths 6 mths Source: Thomson Reuters
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    • Article
      Lock icon GOVERNMENT SECURITIES
      84 26 Sep 11 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 1-Year BY*****S 02-May-15 0.35 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year NY*****F 3.75 01-Sep-16 106.29 5-Year NX*****W 2.5 01-Jun-19 104.65 104.70 104.70 GOVERNMENT BONDS 10-Year NY*****H 3.000 01-Sep-24
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    • Article
      Lock icon PRECIOUS METALS
      120 26 Sep 11 GOLD(US$/oz) Sep 11 Sep 10 Hong Kong 1253.00 1256.00 Sep 10 Sep 09 London 1248.54 1255.57 1248.96 1255.98 Source: Thomson Reuters CAST BAR Sep 11 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 77 48 5gm 306 251 10gm 569 504
      120 words
    • Article
      Lock icon PALM OIL
      57 26 Sep 11 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Sep 14 2060.0 2049.0 2075.0 2060.0 36 1188 Oct 14 2058.0 2044.0 2086.0 2016.0 2106 ***** Nov 14 2036.0 2033.0 2073.0 2007.0 ***** ***** Dec 14 2061.0 2055.0
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      155 26 Sep 11 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1561 1.1572 0.9159 0.9164 Canadian dollar 1.1518 1.1527 0.9128 0.9125 Euro 1.6332 1.6341 1.2938 1.2940 NZ dollar 1.0336 1.0342 0.8188 0.8190 Sterling pound 2.0506 2.0519 1.6245 1.6249
      155 words
    • Article
      Lock icon CHICAGO BOT
      109 26 Sep 10 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Sep 14 1071.00 1076.50 1086.75 1071.00 Nov 14 993.75 992.75 999.00 990.00 Jan 15 1000.25 999.25 1005.50 996.50 Mar 15 1005.75 1005.00 1011.25 1002.00 SOYBEAN OIL (60,000 lbs; US cent/lb) Close Previous High/Low Sep 14
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    • Article
      Lock icon LIFFE
      95 26 Sep 10 COCOA (£/tonne) Close Prev High Low Sep 14 2027 2021 2037 2018 Dec 14 1988 1995 2001 1978 Mar 15 1961 1967 1972 1951 May 15 1951 1958 1960 1942 COFFEE(US$/tonne) Close Prev High Low Sep 14 1996 2046 2049 2000 Nov 14 2018 2068 2067 2011
      95 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      967 26 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 4.7 0.3 1 -55 3.74 46 Asia-Pacific Strategic W*****6 3.6 0.1 226 1 2 56 Ratio Exer Ascendas REIT MB eCW*****3 2.4 0.2 230 2 Asiatic Grp(Hldgs) Ltd
      967 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      70 26 CRUDE OIL PRODUCTS Sep 10 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 98.40 -1.83 WTI (Near Mth) 91.70 -1.03 Dubai (1-Mth F) 97.90 -0.79 Tapis blend 101.04 -0.79 Minas 96.54 -0.79 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 95.06 -0.33 Jet Kerosene 113.54 -0.64 US$/barrel OpecOil Basket
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    • Article
      Lock icon US$/S$ FORWARD RATES
      22 26 Sep 11 S$ Bid Offer 1-month 1.2623 1.2628 2-months 1.2623 1.2628 3-months 1.2623 1.2628 6-months 1.2622 1.2627 Source: OCBC
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    • Article
      Lock icon LONDON METALS
      66 26 Sep-10 Sep-10 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 2019.75 2032.50 3 months 2059.00 2068.00 Copper, Grade A(US$/tonne) Cash 6893.75 6857.25 3 months 6870.00 6840.00 Lead(US$/tonne) Cash 2100.00 2111.50 3 months 2115.00 2129.00 Nickel (US$/tonne) Cash *****.00 *****.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 26 As at 9am Sep 11 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.184 1.128 Can dollar 1.175 1.130 Euro 1.669 1.590 Sterling pound 2.086 2.006 NZ dollar 1.061 1.021 US dollar 1.288 1.227 Local dollars to 100 units of foreign
      121 words
    • Article
      Lock icon INTERBANK RATES
      158 26 Sep 11 $S Offer Bid 0vernight 0.06 0.03 1-month 0.3125 0.1875 2-months 0.3750 0.2500 3-months 0.4375 0.3125 Overnight mode: 0.08 US$ Offer Bid 7 days 0.18 0.08 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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  • executive lifestyle
    • Article, Illustration
      Lock icon Beautiful minds
      627 27  -  This year’s Singapore Writers Festival is predicated on all things beautiful in writing and literature, reports RACHEL LOI YOU see their faces lining the bookshelves of Kinokuniya, and their names appearing in the New York Times bestseller lists. Which is a given, considering they’re award-win-ning authors, but the
      FILE PHOTO  -  627 words
    • Article, Illustration
      Lock icon Author’s fight for freedom
      443 27 WHETHER she’s writing her next bestseller, penning a column for the online opinion site Project Syndicate, or speaking out in support of feminism, Naomi Wolf is driven by one passion her fight for freedom. “Freedom of speech, of assembly, worship or expression. freedom from violence and
      443 words
    • Article, Illustration
      Lock icon Genre-defying body of work
      443 27 AS far as writers go, Geoff Dyer didn’t become one out of a burning desire for literary expression. The reality is: he couldn’t find any other job.. Says the 56-year-old Englishman: “I was so directionless, I applied for a random assortment of jobs: in advertising, the
      443 words
    • Article, Illustration
      Lock icon Globe-trotting polyglot
      439 27 PAUL Theroux made his name as a travel writer, sealing his reputation with The Great Railway Bazaar in 1975, followed by The Pillars of Hercules in 1995, and The Last Train to Zona Verde in 2013. He sees his fascination with the genre as “A counterpart to the
      439 words
    • Article, Illustration
      Lock icon Weighing the prose and cons
      671 28 AS a journalist, author, and photographer, William T Vollmann has seen and experienced his share of violence, pain, and joy from travelling the world on assignments. He has interviewed Burmese warlord and “Opium King” Khun Sa, and almost froze to death at the North Pole
      671 words
    • COVER STORY/ENTERTAINMENT
      • Article, Illustration
        Lock icon Bromance that’s stone cold
        534 28  -  By. DYLAN TAN dy|antan@sph.com.sg @Dy|anTanSYBT THE crossover from TV to the big screen hasn’t been the smoothest one as various small screen auteurs like The Sopranos’ David Chase, ER’s John Wells and Boston Legal’s David E Kelley have all found out with their cinematic flops Not
        PHOTO: CATHAY KERIS FILMS  -  534 words
      • Article, Illustration
        Lock icon Hancock’s jazz thrills and spills
        703 28  -  Legendary Herbie Hancock debuts with a two-hour musical odyssey, writesDYLAN DYLAN TAN dylantan@sph.com.sg @DylanTanSYBT The past, present and future of jazz were all on display when the legendary Herbie Hancock took the near sell-out crowd on a two-hour musical odyssey through the ages at his
        PHOTO: ESPLANADE  -  703 words
      • Article, Illustration
        Lock icon When trickster meets crook
        552 28  -  By GEOFFREY EU DUPLICITY is the name of the game in The Two Faces of January, a seductive, slow-burning tale of greed and desire that promises a lot more than it actually delivers. Written and directed by Hossein Amini and based on a 1960s novel by
        552 words
    • ARTS
      • SINGAPORE INTERNATIONAL FESTIVAL OF ARTS
        • Article, Illustration
          Lock icon Accent on Shakespeare
          617 29  -  Cry, Trojans uses the North American Midwest accent to articulate one of the Bard’s most memorable tragedies, Troilus and Cressida writes CHEAH UI-HOON writesCHEAH writesCHEAH UI-HOON uihoon@sph.com.sg A WAR of accents and a clash of two cultures of Eng-lish-speaking countries on either side of the Atlantic led
          617 words
        • Article, Illustration
          Lock icon London Sinfonietta soars and scores
          603 29  -  By HELMI YUSOF helmi@sph.com.sg @HelmiBT THE most enriching yet sadly poorly attended event at the Singapore International Festival of Arts has been the six mind-broadening concerts given by the famous London Sinfonietta, in collaboration with the Southbank Centre and the Yong Siew Toh Conservatory. Called
          PHOTO: CHONG YEW  -  603 words
        • Article, Illustration
          Lock icon Disabled groove to the beat on stage
          423 29  -  By HELMI YUSOF helmi@sph.com.sg @HelmiBT IT takes a while for you to organise your thoughts while watching Disabled Theatre. Is this a revelation of mentally challenged people or a freak show? Is this a celebration of humanity in all its diversity, or an
          PHOTO: KEVIN LEE  -  423 words
      • Article, Illustration
        Lock icon Art: rewarding but risky
        1060 30  -  Only top-end works qualify as investments, reportsHELMI HELMI YUSOF helmi@sph.com.sg @HelmiBT RE C E N T L Y Tracey Emin’s My Bed an installation work of an unmade bed artfully littered with condoms, cigarette packs and underwear sold at a Christie’s auction for £2.2 million (S$4.5
        PHOTO: REUTERS  -  1,060 words
      • Article, Illustration
        Lock icon Canvas of the mind’s eye
        768 30  -  By RACHEL LOI rachloi@sph.com.sg @RachelLoiBT IF there’s one rule that photographer Nadav Kander sticks to whenever he travels for work, it’s that he doesn’t stay longer than two weeks at one location. “I like to be sensitive to the place while I’m there and the
        PHOTOS: ANDREA BLANCH (PORTRAIT), NADAV KANDER  -  768 words
      • Around Town
        • Article
          Lock icon Outings
          369 30  -  Compiled by Georgine Verano gverano@sph.com.sg Little Green Dot Natural Home Workshop: Save the Earth as well as some cash with this hands-on workshop, in collaboration with Abundant Earth, which will show eco-lovers how to make their own natural cleaning products using everyday items to revitalise their homes. The cleaners
          369 words
        • Article, Illustration
          Lock icon Pick of the Week
          274 30  -  By RACHEL LOI LOVE gin and tonic? Then head down to Club Street after work tonight for the second edition of the East Imperial Gin Jubilee an event dedicated to variations of the cocktail as created by some of Singapore’s best-known own bars and bartenders. Organised
          PHOTO: EAST IMPERIAL  -  274 words
    • PURSUITS
      • Article, Illustration
        Lock icon Allure of old Burgundies
        1163 31  -  Vintages that are savoured at their peak are irresistible, writesNK NK YONG MORE wines from the recent tasting of old Burgundies: Vosne-Romanee Premier Cru Malconsorts 1978, Domaine Lamarche A mature medium-hued dark brown-red, with a beautiful aroma of mature Pinot Noir, a full perfume of over-ripe
        PHOTO: NK YONG  -  1,163 words
      • Article, Illustration
        Lock icon Showcase of top sake breweries
        629 31  -  By SAMUEL EE samuelee@sph.com.sg YAMADANISHIKI may sound like the name of an electronics superstore but it is actually the hardy short-grain Japanese rice that 95 per cent of all sakes produced in Japan are made from. And the most prized examples of this popular strain
        PHOTOS: WAKU GHIN  -  629 words
      • Article, Illustration
        Lock icon A star is born in Les Amis challenge
        653 31  -  By GEORGINE VERANO gverano@sph.com.sg ASPIRING chef Raphael Sim is seeing stars. Or rather, he’ll be seeing 10 Michelin stars as part of his prize for topping the inaugural Les Amis Culinary Challenge which took place two weeks ago. The Culinary Institute of
        653 words
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      8 28 r EEKDAYS 4PM 8PM I] facebook.com/kiss92fm S>@jkiss92fm www.kiss92.sg
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      44 28 FIRST TWINS TO CONQUER EVEREST They have one more peak left to complete target of scaling the highest peaks in all seven continents SINDA HONOURS TOP INDIAN STUDENTS GET YOUR COPY TODAY FROM ALL 7-ELEVEN OUTLETS TO ADVERTISE: CALL KALWANT (*****327) OR NISHAL (*****438)
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  • Page 30 Miscellaneous
    • Miscellaneous
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      329 30 CRYPTIC CROSSWORD Across 1 A sort of adjustable spanner (10) 6 Ruler captured by cameras turning back (4) 9 Bird? Don’t let ‘er be seen, we say (5) 10 Terrible events that could make sister sad (9) 12 Transplant operation? A different attitude coming about (6,2,5) 14 Donkey getting on
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