Friday 10 May 2013

Chanel - Pre Spring/Summer 2014

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Chanel – Pre Spring/Summer 2014

KARL

LAGERFELD
‘s latest Chanel spectacular

took place in Singapore last night and, by Karl’s standards, was a

decidedly pared-back affair. The pre-spring/summer 2014 collection

was unveiled inside a disused former nutmeg plantation – all

concrete floors, whitewashed walls and electric lighting – to give

the air of “tropics before air-conditioning”.


“I like the idea that it’s not impeccable.

There’s a romantic charm that new things cannot always have,” said

Lagerfeld. “It’s not [just] about the historical details, but also

the mood.”


Guests such as Dakota Fanning, Anna Mouglalis

and Carine Roitfeld watched as models including Cara Delevingne,

Lindsey Wixson and Joan Smalls paraded a collection heavily

influenced by its Southeast Asian setting, but with nods to the

fashion house’s heritage – specifically, Gabrielle Chanel’s first

store in Deauville in 1913 – with a touch of British sportsmanship

thrown in for good measure. The opening of co-ordinating

two-pieces, dresses over wide-leg trousers and cricket wear -

complete with bats, V-neck jumpers and shin guards – made way for

little lace playsuits, pleated silk dresses and dual-length skirts.

Eveningwear came complete with shimmer, sequins, exaggerated

appliqué and lashings of pearls – layered around the neck, wrapped

around the waist and cuffing wrists – all in Lagerfeld’s signature

monochrome colour palette.


“It’s a bit of Chanel’s history and a bit of

influence from this part of the world,” Lagerfeld told
WWD. “You don’t get into the details, you reinvent the

details.”


See the full collection below:



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Chanel - Pre Spring/Summer 2014

90 questions tabled for oral answer in Monday"s Parliament session

SINGAPORE: National Development Minister Khaw Boon Wan will deliver a ministerial statement regarding the review of town councils when Parliament sits on Monday.


A total of 90 questions also have been tabled for oral answer that day.


MPs Ms Foo Mee Har, Er Dr Lee Bee Wah, Mr Zainal Sapari and Dr Lam Pin Min have questions about the impact of H7N9 bird flu, if hospitals are prepared for any epidemic outbreak, and what surveillance measures and management strategies are in place to handle any index case in Singapore.


MPs Dr Lam Pin Min, Ms Lee Li Lian and Ms Tin Pei Ling will raise their concerns about the lack of childcare facilities in Sengkang, Punggol, Punggol East, and mature estates like MacPherson.


Nominated MP Laurence Lien will ask whether the Ministry for Social and Family Development is concerned about the rise in gambling addiction cases seen by the Institute of Mental Health from FY 2010 to FY 2012 and whether new measures are required to prevent gambling addiction.


Nominated MP Nicholas Fang’s question pertains to Singapore’s bid to host the Women’s Tennis Association Championship, which was announced on 8 May 2013. He wants to know about the investment needed to secure and host the event and the likely return on the investment.


MP Christopher de Souza will ask about Singapore’s partnership with countries in the region to deal with the problem of human trafficking. He also wants to know if the setting up of the INTERPOL Global Complex in Singapore will enhance the regional and inter-government effort to reduce and abolish the incidence of cross-border human trafficking.


MP Irene Ng will ask about the development plans for Pulau Ubin and how these will affect residents living on the island.


MP Dr Janil Puthucheary’s question pertains to whether future MRT lines will have the potential to serve longer trains and to what extent future-proofing will be incorporated into the designs of new MRT lines and stations. He wants to know if such an approach can be taken with existing MRT stations to improve the carrying capacity.


MP Baey Yam Keng has a question about the number of civil servants who have applied for earlier working hours in view of the one-year trial on free travel for rail commuters who end their journey before 7.45am at 16 designated MRT stations.


Three questions have been tabled about ASEAN’s response to Singapore’s paper on the review of ASEAN’s processes and institutions and Singapore’s stand and role in helping to resolve the South China Sea territorial dispute.


MP Teo Siong Seng would like to know what the prospects are for Singapore investors in Malaysia, especially in Iskandar and whether this will be affected by the outcome of the Malaysian general election.


MP Ang Wei Neng has a question about the effectiveness of the latest round of property cooling measures announced in January 2013.


Mr Ang also wants to know more about Singapore’s share of the US$42-million contract for an engineering study of the Malaysia-Singapore Rapid Transit System (RTS) Link.


Nominated MP Tan Su Shan wants to know if the Tripartite Alliance for Fair Employment Practices will be given powers of investigation and enforcement for better implementation of fair employment practices.


Nominated MP Janice Koh will ask if the Bukit Brown Municipal Cemetery could qualify as a UNESCO World Heritage site.


MP Dr Chia Shi-Lu has questions about the purchase of two-room Build-To-Order flats by singles.


MP David Ong Kim Huat will ask what more can be done to improve the take-up rate of the Lease Buyback Scheme (LBS) and the launch of the Silver Housing Bonus (SHB).  



90 questions tabled for oral answer in Monday"s Parliament session

IT services provider Rolta India to raise $250 million in Singapore


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Billionaire Wee"s UOL Said to Plan Buyout of Pan Pacific

UOL Group Ltd. (UOL), the Singapore property developer controlled by billionaire Wee Cho Yaw, plans to take its hotel unit Pan Pacific Hotels Group Ltd. (PPAC) private.


UOL, which already owns 81.6 percent of Singapore-based Pan Pacific, offered to buy remaining shares of the hotel operator at S$2.55 apiece, according to a statement to the Singapore stock exchange. That’s a 9 percent premium from yesterday’s close.


“In the last five or six years, UOL has done a lot of things to consolidate their assets,” said Donald Chua, an analyst at CIMB-GK Pte. “This is really another move to consolidate.”


The proposed buyout comes after shares of Pan Pacific have risen almost 30 percent over the last year, reaching a high of S$2.54 on Feb. 27. The stock is trading at 19.7 times earnings, compared with the average multiple of 26.5 for hotels and restaurant operators in Singapore, according to data compiled by Bloomberg.


“The exit offer will provide an exit option for those shareholders who wish to realize their entire investment in the shares but find it difficult to do so as a result of the low trading liquidity of the shares and low free float of the shares,” UOL said in the statement.


Both UOL and Pan Pacific were suspended from trading this morning. Pan Pacific shares closed at S$2.34 yesterday, giving it a market value of S$1.4 billion, while UOL ended at S$7.26, giving it a market value of S$5.6 billion after the stock climbed 68 percent in the past year.


UOL said it has no plans to change Pan Pacific’s business. The company said the hotel operator hasn’t tapped the markets for funds in 20 years except for a rights offer in 2007, adding that it’s unlikely it will need financing.


More Targets


Pan Pacific manages more than 30 properties in the Asia-Pacific region and in North America. It runs 13 hotels under the Parkroyal brand, targeting both business and leisure travelers.


Chua said that other UOL-linked companies such as United Industrial Corp., or UIC, and Singapore Land Ltd. (SL) may be the next targets for the company, if Pan Pacific is taken private. UOL owns 43 percent of UIC, making it the biggest shareholder. UIC in turn owns 80 percent of Singapore Land, a landlord in the city’s central business district.


“The speculation is that if this is privatized, then most people will start looking at UIC and SingLand to be the next target,” Chua said. “That will probably be the final puzzle but the timeline for that is very, very uncertain as this saga has been ongoing for a decade or more already.”


UOL’s plan would make Pan Pacific the second Singapore property-related company to be taken private in the past five months. SC Global Developments Ltd.’s Chief Executive Officer Simon Cheong offered to pay S$745 million in December to take his Singapore luxury property developer private.


Listing Limits


Cheong, who already owned 55 percent of the company at that time, said he made the bid because it has not accessed the capital markets for funds for at least six years and low liquidity of shares “limits the usefulness of a public listing.”


Pan Pacific opened its 367-room Parkroyal on Pickering in January, boosting the number of rooms in Singapore’s Raffles Place financial district by 57 percent.


Singapore was ranked Asia’s most-popular business destination in the first half of 2012, according to a survey of 2,500 people in nine countries by Accor SA. (AC) Conventions, conferences and tradeshows in Singapore rose 46 percent to 2,130 in 2011 from 2010, according to the Singapore Tourism Board.


To contact the reporters on this story: Joyce Koh in Singapore at jkoh38@bloomberg.net; Pooja Thakur in Singapore at pthakur@bloomberg.net


To contact the editor responsible for this story: Philip Lagerkranser at lagerkranser@bloomberg.net



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Billionaire Wee’s UOL Said to Plan Buyout of Pan Pacific Hotels


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Roslan Rahman/AFP/Getty Images


A view of the rooftop garden at Pan Pacific Hotel is seen in Singapore.


A view of the rooftop garden at Pan Pacific Hotel is seen in Singapore. Photographer: Roslan Rahman/AFP/Getty Images



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UOL Group Chairman Wee Cho Yaw


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Jonathan Drake/Bloomberg


Wee Cho Yaw, chairman of UOL Group Ltd.


Wee Cho Yaw, chairman of UOL Group Ltd. Photographer: Jonathan Drake/Bloomberg



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Billionaires: Where in the World?


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GRAPHIC: Bloomberg Visual Data


GRAPHIC: Bloomberg Visual Data



Billionaire Wee"s UOL Said to Plan Buyout of Pan Pacific

Singaporean travellers warm up to the Philippines

TRAVEL consultants in Singapore are putting together more tour packages to the Philippines as statistics point to an increasing number of residents from the city-state heading there.



According to the Philippine Department of Tourism (DoT), there were 148,215 visitors from Singapore in 2012, registering 15.7 per cent growth over 2011. Singapore is among the Philippines’ top 10 source markets.



Having sold FIT packages so far, Joe Lim, executive director, Konsortium Express and Tours, will be bringing his first leisure group of 100 to Manila and Tagaytay next month. He said: “There is greater push and publicity to promote the Philippines over the past year so it is not surprising to be receiving a frequent flow of enquiries.”



A tour group offers an option for those who want “easy holidays”, said Lim, adding that he intended to introduce more of such tours.



Jenny Ho, managing director, Classic Travel, said: “The appeal of the Philippines to Singaporeans is that there is no language barrier and service standards are excellent. We want to see how we can promote more tours because we observe growing interest not just in Manila, but also in other areas like Cebu, Palawan and Boracay.”



A spokesperson from Econ Holidays, Jimmy Woo, echoed Ho’s enthusiasm, but pointed out that accessibility to certain destinations, such as Boracay that requires flight transfers, was still an issue. 



Charles Leong, marketing director, DoT, said: “The perception of the Philippines as a fun and attractive tourist destination has been growing over the past two years due to better branding and publicity of the country.”



Referring to the tour bus hostage crisis in Manila in 2010 (TTG Asia e-Daily, August 16, 2011), he added: “There may still be that concern about safety from some, but most have already overlooked that as it was a one-off encounter.”



Singaporean travellers warm up to the Philippines

Tennis: WTA Championships expected to attract over 100000

SINGAPORE: The WTA Championships slated to be held in Singapore next October is expected to attract more than 100,000 people.


The World Sport Group, which helped clinch the five-year hosting deal for Singapore, estimates that about 30 to 40 per cent of spectators will be foreign visitors.


It said ticket prices will be kept affordable, and ticketing details will be released by year’s end.


The WTA Championships will feature the world’s best women tennis players slugging it out at the Singapore Indoor Stadium. 


But the action will go beyond the court. There will be ticketed concerts by world-class acts and other fringe activities which will come for free.


Mr Andrew Georgiou, CEO of World Sport Group, promises there will be something for everyone during the 10-day festival.


Mr Georgiou said: “We want the people of Singapore and sports fan from around the world who come to Singapore during those 10 days to be able to experience a lot of what we are offering with the championships. So whether it is autograph sessions with Maria Sharapova or the superstars, whether it is watching interviews on the big screens, whether having a drink or seeing how fast you can serve or practicing your back hand with a coach, this fan festival will be an opportunity for the community to come and embrace the event free-of-charge.” 


The sporting event is expected to be comparable to the Formula One Night Race in September, which draws in about 40,000 tourists annually and generates an average of about $140 million in tourism revenue.


Organisers said tickets will range from “very affordable” prices to premium ones.


Mr Georgiou said: “Tickets which range right up to key clients, hospitality and tickets which provide a real premium service to the fans. The idea of engaging the community and making them part of it is also to make the event authentically Singaporean which is also very important to us.”


The Singapore Hotel Association said the tennis event should create as much – if not more – buzz than the F1 race, as tennis has a bigger following.


Hotels that MediaCorp spoke with said they expect to see positive trends in revenue growth, as well as occupancy and room rates. 


The Four Seasons Hotel, which has four tennis courts, said it is looking forward to the world-class tennis champions practising in the courts. 


Mr Antoine Chahwan, Regional Vice President and General Manager of Four Seasons Hotel, said: “We are confident that with proper planning in place to ensure visitors have a definitive experience in Singapore over this period of time, the inaugural WTA championship will be another successful event in Singapore’s history.”


Some said they will start marketing efforts a year in advance.


Mr Alexandra Schmutterer, Director of Marketing Communication at Pan Pacific Singapore, said: “The F1 Grand Prix have boosted occupancy and room rates tremendously, so I would expect WTA will also have the same results for us as a hotel. So we will definitely have room packages in place that will attract visitors to come to our hotel and stay with us.”


Singapore will host the WTA championships till 2018.



Tennis: WTA Championships expected to attract over 100000

Thursday 9 May 2013

Trends in broadcasting to be spotted in Singapore

This year’s BroadcastAsia2013 International Conference will have its largest ever speaker line-up where more than 100 case studies will be presented from 18 June to 21 June 2013 at Marina Bay Sands Singapore.


Asia’s most established conference for the film and TV industries will feature 120 speakers from 31 countries/regions, the conference organisers have said.


The line up will feature the likes of Nicholas Wodtke, vice president of Content Services of Samsung, Fedor Ezhov, SPB TV’s chief operating officer, Fintan McKieman, chief executive office of Ideal Systems, Felix Chandra, chief executive officer of IMTV, Tae Sung Park, chief executive officer of Vidiator, Sreedhar Subramaniam, president CEO of ABNxcess and Brian Lenz, chief innovation officer of Astro.


Over The Top (OTT) technology will dominate this year’s conference programme. Industry leaders from across the globe will share vital insights on where the opportunities lie in harnessing OTT technology, and divulge valuable tips from its widespread adoption in the broadcast industry.


The BroadcastAsia2013 International Conference will feature five new tracks and four new sessions – Country Focus, Broadcasters Exclusive Interviews, CIO/CTO Panel and Captains of Industry Dialogue.


CTO/CIO Panel titled ‘Developing Next-Gen Technology Solutions for the Changing Landscape’ will touch on topics like the future of media services in the cloud and also the expected major challenges the industry will face in the years to come with the transformation within the industry. The panel will consist of Michael MacDonald – Group CTO and executive solution consultant of Huawei, John Carlucci – CTO Americas of Alticast, Peter Docherty – founder and chief technology officer of ThinkAnalytics and Brian Lenz – chief innovation officer of Astro.


The new ‘Captains of Industry’ dialogue will be led by top-level speakers from radio and television broadcasters.


This year, the conference tracks are organised into two broad categories: content-based tracks and infrastructure-based tracks. This will allow visitors to better plan their visit and get the most value from the conference in their preferred area of interest.


Delegates at the BroadcastAsia2013 International Conference can also gain insights into advanced technologies such as Ultra HD, DVBT-2, Pay-TV, Hybrid Interactive TV, Cloud Broadcasting and 4K technology.


 


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Trends in broadcasting to be spotted in Singapore