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  1. Saw Phaik Hwa poised to join unit of Lippo By Christopher Tan, Senior Correspondent Retailer-turned- transport honcho Saw Phaik Hwa looks poised to return to the retail arena. The Straits Times understands Ms Saw, who headed rail operator SMRT Corp for the past nine years, will join Auric Pacific, a diversified unit of Indonesian conglomerate Lippo Group, before the end of the month. Ms Saw, 57, was with duty-free retailer DFS Venture Singapore before joining SMRT. Auric's main business is in the distribution of fast- moving consumables such as food, and it has a strong Asian presence. It also runs foodcourts and restaurants Will we see her sports car zipping along Jalan Boon Lay?
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