The Business Times, 2 March 2009
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2009-03-02
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The Business Times
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Title Section19 2009-03-02 1 THE BUSINESS TIMES Ssl.oo online at http://www.businesstimes.com.sg A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA (P) 197/08/2008 Monday, March 2,200919 words
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895 2009-03-02 1 ANDREW MARKS - ANDREW MARKS By in New York DESPITE repeated reassurances that bank nationalisation is the last thing the US government wants, and that the priority is keeping banks in the hands of the private sector, Wall Street is growing increasingly worried that not many895 words
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Article, Illustration675 2009-03-02 1 ANNATEO - ANNATEO He points out that it has the resources to deal with the downturn and has put out a good Budget Reports by in Hua Hin, Thailand FOR all the pervasive doom and gloom, Asia is not in crisis and Singapore is675 words
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373 2009-03-02 1 BEING invested means riding the ups and the downs of the market, the Prime Minister reiterated, when asked to comment on the Government of Singapore Investment Corp's move to cut its losses and convert its Citigroup preference shares to common stock. "If you are373 words
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MARKETS DIGEST
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Article50 2009-03-02 1 Weekly 1,594.87 lange -0.07 IT Index 1COMP 890.67 +0.96 IIKKEI225 7,568.42 +152.04 IANG SENG 12,811.57 +112.40 ;et index 431.52 -3.15 JAKARTA COM P 1,285.48 -11.46 IANILACOMP 1,872.22 -9.22 ;eoulcomp 1,063.03 -2.92 ;henzhen b 300.54 -25.73 IUMBAI IND 8,891.61 +48.40 )OW 7,062.93 -302.74 IASDAQ 1,377.84 -63.39 ;&P 500 735.09 -34.9650 words
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Article29 2009-03-02 1 Bloomberg SINGAPORE 5.38 MALAYSIA 5.85 HONG KONG 5.00 INDONESIA 16.517 TAIWAN 4.826 JAPAN 1.475 KOREA 9.33 BRITAIN 1.00 US 3.25 CANADA 3.00 SWITZERLAND 0.52 INDIA 12.25 Source:Bloomberg - 29 words
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Article44 2009-03-02 1 IS$ (S$ US$) 1.544 (USS/SS il 1.424 2.198 EURO (US$,S$/E) Foreign currency 1.270 ier US$ 1.960 S$ 'EN 97.90 63.40 3.703 2.399 IK$ 7.754 5.024 !AHT 35.16 23.33 lUPIAH 12,000 7,774 lENMINBI 6.840 4.431 INDIAN RUPEE 50.81 32.92 1.552 1.005 IZ$ 1.979 1.28244 words
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Page 1 Advertisements
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Page 1 Miscellaneous
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Miscellaneous105 2009-03-02 1 '^^^^k DINING OUT AGE OF TURBULENCE VIEWS FROM BizlT :^Mfl: >j% Flavours of Australia PartBofßT-NUSserieson THE TOP Samsung makes ~^A at Global Kitchen the financial crisis Impact ofMl in office notebook comeback ||^Svv'Wv?s|| PAGEIS PAGE 10 rentals PAGE 12,13 PAGE 28 B^ DINING OUT AGE OF TURBULENCE VIEWS FROM BizlT105 words
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TOP STORIES
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Article, Illustration1051 2009-03-02 2 -AP CITI RESCUE Source:" Drastic restructuring on the cards; next test in April, when it reports Q4 earnings [NEW YORK] Don't think of the US government's new investment in Citigroup as cash; think of it as time. Citigroup will save-AP; Thomson Reuters - 1,051 words
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367 2009-03-02 2 ROB COX - ROB COX P breaking .com By CITIGROUP has become the United Nations of the global banking system. Sure, Uncle Sam is almost certain to emerge from the New York conglomerate's massive recapitalisation with the biggest single shareholding. But this isn't a nationalisation along367 words
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710 2009-03-02 2 Reuters [NEW YORK] Citigroup Inc plans to overhaul its board as part of a capital-boosting deal with the US government, but the banking giant may struggle to find qualified people willing to join as directors. In the corporate world, board members often findReuters - 710 words
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THREE-MINUTE DIGEST
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80 2009-03-02 2 FOR all the pervasive doom and gloom, Asia is not in crisis and Singapore is not in dire straits, says Prime Minister Lee Hsien Loong, invoking a "sense of balance" about the state of the economy. "It's different from the (1998)80 words
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73 2009-03-02 2 DON'T think of the US government's new investment in Citigroup as cash; think of it as time. Citigroup will save US$2 billion a year now that it doesn't have to pay the government dividends. But what the move really73 words
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96 2009-03-02 2 A 20 per cent fee increase at Changi Airport's private terminal Jetquay is ruffling feathers. The terminal, which caters to Commercially Important Persons, last week raised its user-fees for private jets to $1,200 per arrival plus $1,200 per departure, from the96 words
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58 2009-03-02 2 THE Jobs Credit scheme may shore up or even boost companies' bottom lines, but the gains are unlikely to be translated into dividend payouts for shareholders. "The chances of that happening are very slim," said Ernest Kan, vice-president of the Institute of Certified58 words
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Article50 2009-03-02 2 ATTEMPTS by unhappy shareholders to oust directors of troubled companies are not uncommon, but the recent move at NEL Group has raised eyebrows as questions hang over the perceived independence, or rather the lack of it, among the new directors appointed. COMPANY NEWS, PAGE 550 words
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57 2009-03-02 2 OFFSHORE services provider Swiber slid into the red in the final quarter of 2008, due largely to late delivery of vessels which delayed the completion of its projects. The company lost US$B.3 million, in contrast to a profit of US$2O million in the fourth57 words
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92 2009-03-02 2 WITH investor dollars at stake in the global economic crisis, let's walk the talk and get going quickly with becoming a single market by 2015, Prime Minister Lee Hsien Loong has urged Asean. The 10 member economies should also work with92 words
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96 2009-03-02 2 COMPUTER sales may have plummeted to an all-time low but Samsung Electronics seems to think that there is no better time to stage a comeback than when the sector is at rock bottom. Having exited the market nearly two years back, the Korean consumer96 words
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633 2009-03-02 4 YEN SREENIVASAN - YEN SREENIVASAN They call move ill timed as they try to cope with industry's sharp downturn By A 20 per cent fee increase at Changi Airport's private terminal Jetquay is ruffling feathers. The terminal, which caters to Commercially Important Persons or633 words
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Article, Illustration634 2009-03-02 4 -AFP [HONG KONG] HSBC has weathered the financial crisis better than many of its rivals, but the banking giant is still expected to announce that it needs more capital when it unveils its annual results today. HSBC was one of the-AFP; AFP - 634 words
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795 2009-03-02 4 LYNETTE KHOO - LYNETTE KHOO By THE Jobs Credit scheme may shore up or even boost companies' bottom lines, but the gains are unlikely to be translated into dividend payouts for shareholders. "The chances of that happening are very slim," said Ernest Kan, vice-presi-dent of the795 words
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Article, Illustration814 2009-03-02 4 -NYT He also blasts decisions of CEOs, regulators that led to credit crisis [NEW YORK] The renowned investor Warren E Buffett was uncharacteristically critical of himself and the business world at large in his annual letter to shareholders of his holding company on-NYT; AFP - 814 words
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Advertisement193 2009-03-02 2 LUXURY TOURS TRAVEL PTE LTD KSSSSH RID 19/02/09 9,94 SGD Subsidiary: LUXURY COACH SERVICE liglia!lLMiß.liMldllW.'i)A!.ldlff« 100 Orchard Rd. #02-46 Concorde Hotel& Shopping Mall I Metal unve Guaranteed runcl 9^1?™, RID 19/02/09 10,36 USD ™eLE:,a*"!d?£r tor 111 iiiiiii'iiiiiM FX Select Guaranteed Fjnd 40 coaches available for charter |rid 23/02/09 saasusp Singapore193 words
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Advertisement176 2009-03-02 3 GENEVE m\\ ..^f.mmk^,,. mm- W^LmM^ %MM\ MMfmWm /I'l l%m I I 41 Mw^Mmmmlm^^mmmmt W/^M ■M^K*'\l ll AmmmX^S. g *ll M :PtHES^T i?^Hl~ Mrk DAY v^a^X i 1 v-^jiiF^j^tSHHr^ WliPI r^WifXd IS JmXAmT TOfH Ml L 1 I H I'l P^ I I I*/ [3? O jg s^C^g^ fe^S H iw176 words
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Advertisement14 2009-03-02 4 TUN£ YOUR RAP/0 TO MOT. [O^ BEST MUSBC ONLY ON TODY'S BEST MUSBC www.radio9l3.com14 words
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COMPANY NEWS
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Article836 2009-03-02 5 CORPORATE FOCUS Market watchers wonder if board changes will divert focus from the probe over dodgy deals. LYNETTE KHOO reports ATTEMPTS by unhappy shareholders to oust directors of troubled companies are not uncommon, but the recent move at NEL Group has raised eyebrows as questions836 words
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COMPANY BRIEFS
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104 2009-03-02 5 UNITED Engineers saw full-year profit plunge to $6 million from $172.9 million in FYO7 although revenue rose 16 per cent to $624.6 million mainly due to the progressive recognition of revenue from the sale of residential projects The Rochester and Park Central@AMK which104 words
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61 2009-03-02 5 PACIFIC Healthcare Holdings turned in a net loss of $11.8 million for FYOB largely due to a $13.3 million writedown on its investment in the Singapore Heart Stroke and Cancer Centre, the result of an on-going shareholder dispute with its joint venture partner. Revenue61 words
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57 2009-03-02 5 MOBILEONE announced that Lim Chee Onn will step down as chairman and resign as a director from March 1. Keppel Corp senior executive director and group finance director Teo Soon Hoe will be appointed chairman on the same day. Mr Teo has57 words
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79 2009-03-02 5 TELECHOICE International saw fourth-quarter net profit fall 27.9 per cent to $3.6 million while revenue fell 37.3 per cent to $78.8 million. For the full year, net profit was flat at $14.2 million while revenue fell 16 per cent to $353.2 million. The79 words
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67 2009-03-02 5 LI HENG Chemical Fibres Technology turned in a net loss of 8.7 million yuan (Ssl.9 million) in the fourth quarter as revenue inched up just 8.8 per cent to 704 million yuan. For the full year, net profit slid 10 per67 words
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54 2009-03-02 5 SAMUDERA Shipping Line made a full-year net profit of US$26.B million, 29.1 per cent higher than the US$2O.7 million achieved in the previous year. Revenue rose 17.5 per cent to U*****.3 million, from U*****.2 million previously, as container volume and freight rates rose at54 words
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72 2009-03-02 5 DMX Technologies saw full-year net profit drop by a third to US$6.4 million," compared to US$9.3 million for FYO7. DMX blamed it on a US$4.7 million increase in amortisation expenses, as well as foreign exchange losses, more prudent general increases in allowances72 words
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102 2009-03-02 5 TROUBLED tech firm Advance Modules saw its net loss for 2008 widened to RMSI million (5521.3 million) from RM5.94 million a year ago, as sales and other income tanked while operating expenses surged. The full-year results were unaudited as its external auditors resigned.102 words
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Article395 2009-03-02 5 Feb27 BANKS BANKS ABN Amro BankNV 5.5 Agricultural Bank Of China 5.5 ANZ Banking Group 6 Arab Bank PLC 5.5 Banca Di Roma Singapore branch 6.5 Banco Bilbao Vizcaya Argentaria, S.A 6 Bangkok Bank 6 Bank Julius Baer Co. Ltd(S) 5 Bank of America NA 5 Bank395 words
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Article200 2009-03-02 5 CapitaMall Trust E STI Auditorium, Level 9, 168 Robinson Road, Capital Tower, Singapore *****2 02-Mar 2.30pm Sunway Intl A Room 1705, Nan Fung Centre, 264-298 Castle Peak Road, Tsuen Wan, N.T., Hong Kong 04-Mar 11.00am Juken Tech E 33 Loyang Way Singapore *****1 05-Mar 10.00am B Sembawang E200 words
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Article, Illustration621 2009-03-02 5 VINCENT WEE - VINCENT WEE Project delays cited in Q4 loss; FYOB earnings fall 21.8% By OFFSHORE services provider Swiber slid into the red in the final quarter of 2008, due largely to late delivery of vessels which delayed the completion of its projects. The company lost621 words
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Article, Illustration668 2009-03-02 5 UMA SHANKARI - UMA SHANKARI HOCK LOCK SIEW By CASH is king these days, but does any company really need to hold on to $6 billion of it? Capita Land, Singapore's largest property company by market capitalisation, last month announced a fully underwritten one-for-twoi FILE PHOTO - 668 words
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Article3689 2009-03-02 7 Net Profit refers to profit attributable to equity holders. Trust REITS: Turnover is gross revenue and earnings is income available for distribution. CapitaßChina Tr: The Group's results for FY 2008 includes the consolidated results of Xizhimen Mall and the 7 properties acquired during the Initial3,689 words
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967 2009-03-02 9 ANNA TEO - ANNA TEO Asean should also work with and tap on the IMF, World Bank in dealing with financial shocks, he says By in Hua Hin WITH investor dollars at stake in the global economic crisis, let's walk the talk and get going967 words
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257 2009-03-02 9 MATURITY YEAR RAISED DATE COUPON RATE (%p.a.) AMOUNT ($m) INTEREST PAYMENT DATES OF DAYS OF ACCRUED INTEREST PRICES* (EXCLUDING ACCRUED INTEREST) I REDEMPTION YIELD (%p.a.) ISIN CODE H.10.2009 N*****0Z 2004 2 3/8 3900.00 1/4 1/10 149 101.12 0.47 SG********** H.04.2010257 words
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Article596 2009-03-02 9 ARTHUR SIM - ARTHUR SIM In comparison, local banks offer only 1-2% interest rate By A GUARANTEED return of up to 5 per cent may seem too good to be true in these uncertain times. But there is such an offer on foreign currency deposits. India's ICICI596 words
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377 2009-03-02 9 TEH SHI NING - TEH SHI NING By THE "crisis of integrity and ethics at the root of the sub-prime crisis in the US" has highlighted the role the private sector can play in improving governance, says Sanjay Pradhan, vice-president of the World Bank Institute. Mr Pradhan who377 words
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SINGAPORE MARKETS
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Article, Illustration562 2009-03-02 6 YEN SREENIVASAN - YEN SREENIVASAN STOCKS MAJOR downside economic risk in 2009 and 2010. Rising unemployment. Falling consumer and business spendings. Tumbling exports. They are not exactly the stuff that inspire investments in equities, or any other asset class. Little surprise,562 words
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Article891 2009-03-02 6 Payment (cts) Ex Books Pay date close date iBR Hldi ak 0.500 11-Mi 13-Mai 28-Mai .Hi ireen Pro| an 2.000 05-M; 07-Ma) 20-Mai iRA Asset Mi ak 2.240 06-Mi 08-Maj 20-Mai Wi-Tech Elect aw 0.500 18-Mar 20-Mar 31-Mar iztech S^ ak 1.500 27-29-A[ 15-Mai iaker Tech an 0.500891 words
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576 2009-03-02 6 AFP CURRENCIES [HONG KONG] Asian currencies ended last week mainly lower against the US dollar, with the yen in particular expected to weaken further amid a gloomy outlook for the economy. Japanese yen: The yen slipped to its lowest level in three-and-a-halfAFP - 576 words
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Article274 2009-03-02 6 AFP COMMODITIES [LONDON] Oil prices rallied last week, buoyed by signs of stabilising energy demand and hints of Opec production cuts, but gold lost its sparkle after breaching 1,000 US dollars per ounce the previous week. Crude futures trimmed their gains late on Friday afterAFP - 274 words
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Article1447 2009-03-02 6 Source: Thomsonßeuters Consensus No. of Forecast Mean Fri's recommendation esti- EPS PE target price This wk Last mth mates (cents) (ratio) price lompany name \llgreen Prope srties 2.83 2.58 12 5.73 7.76 0.65 0.40 ,RA Asset M' 2.00 2.00 2 6.05 6.94 0.65 0.43 ,rmstron Industrial 1.50 1.501,447 words
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Article62 2009-03-02 6 Feb 27 VALUE CLOSE IT OB/OS -689.00-111.0C IT CADI -*****.00 -30.0' IT 10-day MA -*****.00 -69.0' TSE ST Mid Cap 322.19 -2.2 TSE ST Small Cap 260.93 +0.4i TSE ST All Share 381.60 -4.5: TSE ST China Top 151.49 -2.91 TSE ST China 151.12 -2.0: IOB Catalist62 words
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Article60 2009-03-02 6 China Honi jxin* 542,816,000 Golden Ac iri 387,647,000 UIC 213,138,000 in< [Tel 129, 167,000 127,866,000 i Land 124,952,000 loble Gri 113,097,000 Straits Asia 106,436,000 RafflesEdu 102,394,000 ■osco Cor| 92,997,000 VALUE($) iBS Gr| 385,659,308 Sim |Tel 327,123,677 UOB 289,650,551 UIC 255,769,930 i Land 252,099,184 OCBC Bk 244,168,832 Con60 words
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Article96 2009-03-02 6 CLOSE UP 1250 210.0 20.2 lUE ICBCCai :.93%Pref10 8010 110.0 1.4 IMH 1730 67.9 2.6 'enture Con 492 50.0 11.3 Kej Cor| 437 23.0 5.6 HKLand 208 17.0 5.6 I A 1018 16.0 1.6 ISH 910 15.4 1.1 Kim Em Hid. 117 15.0 14.7 ri-M 85 15.0 21.4 .siatravel96 words
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Article122 2009-03-02 6 Closing prices are in trading currencies, but absolute difference is in Ss. CLOSE DOWN 9299-467.6 -3.2 GLD 10US! STXPO 100 820-100.0 -10.9 OCBC Bk5.1%NCPS 100 9320 -80.0 -0.9 ir MS India 10US$ 689 -78.7 -6.9 UOB 5.05%NCPS 100 9622 -68.0 -0.7 Transcu G 17.5 -62.5 -78.1 JardineC&C 884 -60.0122 words
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Article88 2009-03-02 6 Feb 27 %CHNG YR 2008/2009 CLOSE FR Feb 26 S$ LOW S$ HIGH USS 1.5460 -0.86 1.5461* 1.3457 Euro 1.9585 -0.27 2.2064 1.8640 Pounds 2.1949 -0.78 2.8431 2.0356 AS 0.9899 0.38 1.3251 0.9068 Yen* 1.5881 -1.34 1.7278 1.2619 Rill liah* 0.***** -0.82 0.***** 0.***** Baht* 4.279088 words
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Article, Illustration1851 2009-03-02 8 TEH HOOI LING - TEH HOOI LING OK, the unfolding of the financial crisis of our generation has shown us that the time to be gung-ho has not quite arrived yet. We established new portfolios in mid-October based on six criteria which in the past have proved1,851 words
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1229 2009-03-02 8 i ROBERT HALILI - i ROBERT HALILI INSIDE MARKETS By THE buying activity among directors picked up last week with 17 companies recording 38 acquisitions worth $37.7 million based on filings to the Singapore Exchange in the last week of February. The figures were sharply up from1,229 words
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Advertisement35 2009-03-02 9 Raffles Conversations 2008 EDITION 52 interviews by Business Times journalists The diverse experien ofsomeofthemo influential thinks corporate chiefs and social activists of If thease f* Mm w 4\ Raffles Conversations C^>^^^^^^> AcollectionfromTheßusinessTimes \!\V%.V"\%.\.'% Availableatallleadingbookstores c35 words
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Advertisement32 2009-03-02 9 *y^ JACKPOT^H 1*1,500,000. TODAY! Sales Close at 6pm Draw at 6.30pm at PoMo SINGAPORE \Y& Always play with care. Towards Community W I.Bsnumilblyr Do not bet illegally. Purpose and Benefit B^«J RCBRegNo:I96BOO2O2G32 words
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FINANCIAL CRISIS
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Article, Illustration1148 2009-03-02 10 TIMOTHY WILLIAMS, STEPHEN DENMAN; MIKE MCNAMEE - TIMOTHY WILLIAMS, STEPHEN DENMAN MIKE MCNAMEE Winning formula for high-performance businesses is that they make changes during periods of uncertainty, says an Accenture study By and HOW do successful companies achieve high performance during times of economic turmoil? This question is foremost in the minds ofSTOCK.XCHNG - 1,148 words
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Advertisement579 2009-03-02 10 A MATS ©F£G FALCON ENERGY GROUP LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****3817G) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of Falcon Energy Group Limited ("Company") will be held at 10 Anson Road #14-19, International Plaza, Singapore *****3 on579 words
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Advertisement115 2009-03-02 10 GLOBAL NIEDICftL w CO py f rom an y Sis***'"* ;"!'Sr" cc en nf n pt a thßPUll ie»ati6Citjsimne B I jd.du ana gei a How resilient is our healthcare sector? Pulses gets you on the beat of Singapore's medical scene in the March issue, out in stores now. In115 words
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Advertisement41 2009-03-02 10 Lianhe Zaobao Investors dumped dragon stocks after one-third of them have issued profit warnings W33Pn!ffiHßnßfflfCTf3c?:?:lcf:m ■lmßMlrMißßljJH,»mtia GOOD CORPORATE GOVERNANCE Create greater transparency for your company by advertising your financial results in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. NOT^MMrM41 words
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BT-CITIBANK YOUNG INVESTORS' FORUM
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Article, Illustration846 2009-03-02 11 Social entrepreneurs is a seemingly fancy term for those who combine bottom lines with noble causes. Who are they and what do they do? And can business and altruism really mix? QUAH CHIN CHIN finds out FOR the average traveller, wading across muddy waters in Thailand846 words
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Article, Illustration915 2009-03-02 11 CAMPUS LIFE SMU students head there for a 13-week module to study internationalisation, reports LIEW AIQING VISITING the Middle East on a school trip might sound like a luxury considering the gloomy economic outlook. However, this fantasy is actually a reality for students atCHOO CHWEE HUA/THE NEW PAPER - 915 words
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Article204 2009-03-02 11 FANCY becoming the next Warren Buffett or George Soros? Or even the famous Robert Kiyosaki? Then read on. The Young Investors' Forum, part of the BT-Citibank Tertiary Outreach Programme, isn't another dry page out of your financial textbook. To complement our editorial content, we have204 words
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Advertisement46 2009-03-02 11 citibank THE Business Times-Citibank Young Investors' Forum is published every Monday in The Business Times. It aims to raise the financial awareness of university and polytechnic students and cultivate a better understanding of business issues. The series is part of BT and Citibank's tertiary outreach programme.46 words
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VIEWS FROM THE TOP
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Article, Illustration2582 2009-03-02 12 THIS WEEK'S TOPIC What impact will the fall in office rentals have on the operating costs of your organisation and on your business plans? Does the trend hearten or worry you? Darren Thomson CEO Manulife (Singapore) Pte Ltd IN times of growth and expansion, we aim to buildYEN MENG JIIN; AFP - 2,582 words
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Page 12 Advertisements
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Advertisement111 2009-03-02 12 I SHlFT_the way you move H Tan Chong Motor Sales Pte Ltd Showrooms: Authorised Dealers: Auto Mega Trading Pte Ltd 300 Tampines Avenue 5, #01-01, NTUC Income Tampines Junction. Tel: 6787 2882 Hong Heng Co Pte Ltd 33 Sembawang Road, #01-01/02. Tel: 6452 1112 Kok Yoke Chuan Pte Ltd 237111 words
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ECONOMY WATCH
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Article, Illustration829 2009-03-02 13 Bloomberg Efforts to revive growth may worsen problems that have to be solved quickly [WASHINGTON] The US Federal Reserve's efforts to bolster credit markets and revive growth pose a long-term risk of provoking inflation and worsening other problems that must be solved– Bloomberg; BLOOMBERG - 829 words
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498 2009-03-02 13 GREG LOWE - GREG LOWE DETERIORATING asset quality is becoming a serious issue for Thailand's commercial banks, according to new central bank figures, but analysts say the sector can face down the recession due to its strong fundamentals. Bank of Thailand figures for the last quartershowed498 words
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Article, Illustration445 2009-03-02 13 Reuters [DUBLIN] Ireland's Prime Minister unveiled on Saturday an overhaul of the financial services landscape to try and restore the country's international reputation and his own popularity. A string of banking scandals and the bursting of a local property bubble have undermined Ireland's– Reuters - 445 words
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Article, Illustration668 2009-03-02 13 AFP Eurozone economic activity hits its own record low in Feb [FRANKFURT] The European Central Bank (ECB) is set to cut its interest rates to all-time lows on Thursday after eurozone economic activity hit its own record low in February andAFP; REUTERS - 668 words
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450 2009-03-02 13 Reuters [SEOUL] South Korean exports in February sank 17.1 per cent, half as much as their drop in January, but overseas sales are expected to keep falling as consumers and companies cut spending amid a worsening global economy. South Korea is home to the– Reuters - 450 words
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DINING OUT
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Article499 2009-03-02 14 Audrey Phoon - Audrey Phoon PROMOTION Global Kitchen Level 3 Pan Pacific Singapore 7 Raffles Boulevard Marina Square Tel: 6826-8240 HAVING covered much of the world in its regular menus, Global Kitchen at the Pan Pacific Singapore is venturing Down Under for its latest promotion. Throughout March, the contemporary international499 words
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Article, Illustration624 2009-03-02 14 Audrey Phoon - Audrey Phoon NEW RESTAURANT Mietta's 126 Arab Street Tel: 6396-5493 IT'S a Friday evening and Mietta's is nearly empty. A pony-tailed man in a chef's uniform sits on a bench outside the month-old restaurant, staring out onto the street in front of him.624 words
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Page 14 Advertisements
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Advertisement269 2009-03-02 14 THE GREAT OUTBACK FEAST *-^o^ Seven-course Dinner Menu Discover the culinary riches of Australia's Great Outback at Global Kitchen. From exotic cuts of kangaroo and emu to blue swimmer paired with Australian Wines crabs and barramundi, all-you-can-eat dinner is available daily through March. Alternatively, opt for a seven-course tasting menu269 words
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MALAYSIA/INDONESIA
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Article, Illustration607 2009-03-02 15 -AFP Bloc's export-led economies focus of summit's discussion [HUA HIN] South-east Asian leaders yesterday called for urgent cooperation and reform to tackle the global financial crisis as they pushed on with their dream of forming an EU-style community by 2015. Leaders from the 10-member-AFP; AP - 607 words
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Article2152 2009-03-02 15 :eb27 RM COOO) \&M Realty 0.30 \bricBhd 0.20 \dvance Synergy ....0.09 \dventa Bhd 0.90 \eMulti Hldgs 0.11 \ffin Holdings 1.29 \hmad Zaki Resou ..0.56 \ic Corp 0.58 \irasia Bhd 0.97 \kn Technology 0.13 Mliance Financi 1.78 Muminium Co 0.85 Amalgamated Ind ..0.30 \mmb Hldgs Bhd ...2.48 \mtel Holdings2,152 words
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238 2009-03-02 15 Bernama [KUALA LUMPUR] Arab City Melaka, said to be the world's first of its kind, will be launched tomorrow, its developer Golden Corporate Heritage Sdn Bhd (GCH) announced here yesterday. This follows the signing of a contract between GCH and the Melaka state government– Bernama - 238 words
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Article, Illustration634 2009-03-02 15 S JAYASANKARAN - It 's time for govt to take targeted fiscal measures S JAYASANKARAN MALAYSIA INSIGHT Cash-rich agencies can take up govt debt AFTER all the denial, the what-me-worry statements, it's clear that Malaysia has entered into a recessionary phase. Growth in real gross domestic product (GDP) was 0.1 per cent in634 words
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Article, Illustration305 2009-03-02 15 -AFP [JAKARTA] Indonesian Vice President Jusuf Kalla yesterday said Islamic banking had escaped the global economic crisis relatively unscathed as he took a swipe at the Western financial system. "The latest global crisis has taught us that an economic (system) which is-AFP - 305 words
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GREATER CHINA/INDIA
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Article, Illustration654 2009-03-02 16 -AFP It inks billion-dollar deals to safeguard supply of strategic resources [SHANGHAI] Resource-hun-gry China has seized upon the financial crisis to sign billions of dollars in deals in a buying spree that is set to pick up pace and reshape the global economic-AFP; REUTERS - 654 words
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580 2009-03-02 16 -AFP [HONG KONG] When times were booming, Asia's factories would sometimes struggle to keep pace with the global demand for cars, semiconductors and electronics goods. But as the worldwide recession has taken hold, the region's export-dependent economies have been hit especially hard and they-AFP - 580 words
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Article, Illustration379 2009-03-02 16 -AFP [MUMBAI] Directors of India's largest private sector firm Reliance Industries will meet today to discuss plans to absorb its subsidiary, Reliance Petroleum, and create an oil refining giant. The merger would cut costs for both companies at a time of sharply lower global-AFP - 379 words
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Article, Illustration632 2009-03-02 16 -AFP Customer numbers, sales are down; mall construction frozen [NEW DELHI] It was hailed as the "great Indian retail revolution" but a slowing economy and over-ambi-tious expansion have left many retailers struggling with what analysts now say were hyped expectations. When-AFP; AP - 632 words
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271 2009-03-02 16 -AFP [BEIJING] China has tightened laws to hand out stiffer punishments to government officials and their families convicted of bribe-taking and nepotism, state media reported yesterday. Passage of amendments to the criminal law came as the standing committee of parliament on Saturday also amended-AFP - 271 words
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WORLD
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Article761 2009-03-02 17 ANDREW MARKS - ANDREW MARKS WALL STREET INSIGHT Little reason for optimism in March as stocks continue downward spiral By in New York AFTER a worst-ever January, and a February that has taken stocks to twelve-year lows, the stock market limps into the third month of the761 words
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Article, Illustration633 2009-03-02 17 Bloomberg [NEW YORK] Citigroup Inc's trust preferred securities jumped after the bank said that it would preserve dividends on them as part of the US government's expanded bailout. Citigroup's 6.875 per cent trust preferred securities due 2066 rose US$l.49, or 20 per cent,Bloomberg; AP - 633 words
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404 2009-03-02 17 -Reuters It is also in talks with SEC over goodwill [NEW YORK] Mortgage and real estate assets constitute more than two-thirds of the US$3OO.B billion Citigroup Inc portfolio in which the US government agreed to share in losses, the bank said on Friday. Citigroup-Reuters - 404 words
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Article, Illustration302 2009-03-02 17 AFP, Reuters [ZURICH] New ÜBS chief executive Oswald Gruebel said it could take years to return the troubled Swiss bank to sustained profitability. In an interview published yesterday, Mr Gruebel also said that it would take the banking industry "a long time" toAFP, Reuters - 302 words
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Article, Illustration664 2009-03-02 17 Reuters Troubled insurer to get an additional equity commitment of about USs3ob: source [NEW YORK] American International Group Inc is close to a deal with the US government that would ease the terms of its bailout, provide a further equity commitment– Reuters; AFP - 664 words
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Page 18 Advertisements
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Advertisement1796 2009-03-02 18 A Special Feature Brought To You By: M M W 111 II J MTU Asia launches new Ironmen engines NGV Tech Shipyard buys the first MTU f^tt^fclfrf^RJSj [uifljag—^ftL ■■r;' n' J' '1 I wttft'JKyMfjßljWlßßß MJifMlßr'^§£" IS3JJK uiL^ Ni"nmt«*o. K, M^k ft :x. Wj,^ IH T n U^* H^mßO «ev'T«iiW,ifl« MlUftslsPleLW1,796 words
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AVIATION/SHIPPING
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Article, Illustration508 2009-03-02 19 Bloomberg It was hit by higher oil costs and closure of Thailand's main airport [BANGKOK] Thai Airways International pel, the nation's biggest airline, slumped to a record annual loss on higher oil costs and after anti-government protests closed Bangkok's international airport. The net– Bloomberg; REUTERS - 508 words
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283 2009-03-02 19 Bloomberg [LONDON] The Baltic Dry Index, a measure of shipping costs for commodities, had its first weekly drop in almost two months on reduced demand for so-called capesize vessels to haul iron ore for making steel. Rio Tinto Group, theBloomberg - 283 words
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371 2009-03-02 19 -AP But CEO says airline will benefit from global crisis [KUALA LUMPUR] Budget carrier AirAsia said on Friday it posted its second straight quarterly net loss and a full-year loss but CEO Tony Fernandes is upbeat about the year ahead. He believes that the no-frills-AP - 371 words
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Article, Illustration486 2009-03-02 19 -AP [AMSTERDAM] Investigators are examining turbulence as one of the possible causes of the Turkish Airlines crash that killed nine people and injured more than 100 near Amsterdam's main airport, a spokesman said on Saturday. Fred Sanders, a spokesman for the Dutch Safety-AP; REUTERS - 486 words
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Article2556 2009-03-02 19 AIRLINE CODES: AA American Air -.as (AAL), AF Air France R), Al Air India (AIC), AY Finnair Oy (FIN), AZ Alitalia Airlines (AZA), BA British Airways Public Ltd Co (BAW). BG Bir Bangladesh Airlines (BBC .Bl Royal Brunei Airlines Sdn Bhd (RBA), BO Bouraq Airlines (BOU),2,556 words
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TRANSPORT STOCKS
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Article103 2009-03-02 19 '000 :H Offshore Ihuan Hup Hldgs losco Corp :WT Ltd Ezra Hldgs rirst Ship Lease rreight Links jrand Banks lava Hold Ltd <TVentures <eppel Corp V1TQ Corp MOL Pacific Shipping 3an-United Corp Rickmers Mari iamudera Ship iembcorp Indust iembcorp Marine ipore Ship 0.24 0.17 0.72 0.31 0.52 0.35 ....unch103 words
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Article37 2009-03-02 19 '000 Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings Nepline Bhd PDZ Holdings unch 8.55 8.45 2.85 2.66 0.02 unch unch 0.05 -0.05 0.04 0.06 unch unch 0 173 1130 922 93 355 037 words
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Article22 2009-03-02 19 '000 Aboitiz Equity Intl Container Keppel Marine Keppel Prop 5.50 10.50 unch unch unch -0.25 unch unch 1655 473 0 022 words
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Article22 2009-03-02 19 Evergreen Marine ...13.30 :irststeamship 33.80 /Van Hai Lines 13.30 r"ang Ming Marine 8.97 0.15 0.45 -0.05 -0.03 3 4 1 422 words
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Article37 2009-03-02 19 '000 :awasaki Hvy Ind...171.00 :awasaki Kisen 313.00 /litsubishi Hvy 278.00 /litsui Eng&Sbldg...144.00 /litsui Osk Lines ....506.00 Jippon Express 284.00 Jippon Yusen 410.00 2.00 ***** 4.00 5438 6.00 ***** -2.00 5934 11.00 ***** -1.00 4136 -5.00 *****37 words
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Page 19 Miscellaneous
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Miscellaneous344 2009-03-02 19 CRYPTIC CROSSWORD ACROSS I Can ma change with future 1 1 1 1 1 1 1 1 9 Those who write down BM notes for musical instru- __HH__BH__HB__HH__^M__HH__HH__ II Hood's weapons? (6) 111 111 15 A bad hat and hood (8) 18 Where couples got carried away in the rain344 words
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SINGAPORE STOCK
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Article9201 2009-03-02 20 Week ended: Feb 27 52-wks Tel High Low Code Last Sale Vol Week Last Quote Div GrYld Net ('000) High Low Buyer Seller C'vr P/E M Cap Smil Company 9 3 3148 STelecom 12 3 5834 A-Sonic 110 100 6389 ABF SG Bond ETF 30.5 12 5000 ABR9,201 words
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Article1969 2009-03-02 21 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non Sponsored; t Catalist; N Net or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum1,969 words
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Article86 2009-03-02 21 1830 1830 DBXTFTChina25 1OUS$ 931 871 DBXT MSTaiwan 1OUS$ DBXT Nifty 1OUS$ 8762 8540 DBXT S&P Short 10US$ ***** ***** 6065 Diamonds 6200 6200 6095 IS DJ US Tech 6097 IS MSCI Spore 6101 ISS&P500 ***** ***** 6170 SPDRS 335 158 6009 STI ETF 6010 STI ETF IOPV86 words
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Article71 2009-03-02 21 52-Wk Tel liqh Low Code Last Sale Vol room Week Last Quote Low Buyer Seller Div GrYld Net MCap C'vr P/E $mil Comi Hii 84.5 25 6000 AVJennings 11 4 6134 Over&Gen 24.5 6 6017 StarCruises 248 103 6019 TanChonglnt ...A25 ...A8 .US7.5 .HK112 -10 unch 65 291071 words
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Article104 2009-03-02 21 litaLand 1.980 -0.040 JSH 9.100 +0.290 SIA En: 1.850 -0.030 1.430 +0.020 Jardine C&C 8.840 -0.510 SPH 2.720 +0.030 'Dev 4.800 -0.100 Kei >el Con 4.370 +0.070 ST En: 2.310 +0.010 >sco Con 0.720 -0.030 Kei >el Land 1.300 SembCon Ind 2.110 -0.030 SSGri 7.840 -0.200104 words
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Article101 2009-03-02 21 MAIN Up Down Unch SDQ Up Down Unch TOTAL Up Down Unch Multi Ind 5 9 3 0 0 0 5 9 3 Manufacturing 53 108 50 11 14 58 119 64 Commerce 17 37 16 10 21 47 18 r/O 13 21 13 22 Finance 35101 words
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Article103 2009-03-02 21 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 323,740 323,740 551,830 551,830 lanufacturing 1,474,904 35,735 1,510,639 625,818 2,026 627,844 Commerce 277,967 51,996 329,963 258,308 6,906 265,214 ]t/Stor/Comms 371,685 739 372,424 600,373 56 600,429 :inance 190,677 190,677 1,110,656 1,110,656 Construction 79,074 14,040 93,114 6,331 108 6,439 'ro| 416,829103 words
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Article2719 2009-03-02 21 Transaction date: Feb 27 For a full listing of the closing prices, log on to BT online at http://business-times.asial.com.sg after 11.30pm every trading day Vol ■000 HK$ ;on Credit \eon Stores \ngang Steel \nhui Conch \nhuiexpressway feia Satellite \sm Pacific Sank Of E Asia Seida Jade Bird Jeijing2,719 words
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Advertisement6 2009-03-02 20 For enquiries, Tel (65) 6238 6678~www.audemarspiguet.com6 words
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Page 21 Advertisements
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FINANCE & COMMODITIES
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356 2009-03-02 22 %dy %yr dy yr dy yi Index Change Change Change Change Change Change Feb 27 World Index Preliminary 575.4 -0.7 -15.1 -0.3 -11.8 -1.0 -17.1 EAFE Preliminai 560.0 -0.7 -13.7 -0.3 -13.5 -1.0 -19.. Euro[ Prelim inan 774.1 -1.8 -15.1 -1.6 -14.7 -2.3 -20.! Pacific356 words
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Article121 2009-03-02 22 As at 9am fehlJ Singapore dollars to one unit rf foreign currency: Currencies Bid Offer s,ust dollar 0.9880 1.0440 .an dollar 1.2230 1.2370 luro 1.9500 1.9710 IZ dollar 0.7730 0.7910 iterlini ind 2.1910 2.2150 JS dollar 1.5340 1.5510 .ocal dollars to 100 units if foreign currency:121 words
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Article174 2009-03-02 22 Feb27 $S Offer Overnight 1-month 2-months 3-months Overnight mode: 1/4 ys$ 1/16 7/16 9/16 11/16 Offer PAR 3/16 5/16 7/16 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months $Au 0 40 0.65 1.10 1.50 1.95 2.30 2.40 Offer 0.30 0.50 0.90174 words
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Article22 2009-03-02 22 Feb27 ten >TI ilMSCI Mar 195.8 197.6 192.1 'aiwan Mar 170.6 173.0 170.8 Source: MF Global (S) He. Ltd22 words
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Article22 2009-03-02 22 Fab 27 SS Bid Offer 1-month 1.5432 1.5438 2-months 1.5429 1.5436 3-months 1.5424 1.5432 6-months 1.5414 1.5422 Source: OCBC22 words
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Article61 2009-03-02 22 Fab 27 Delivery Month Opening Range Sett Av Price Price Hi Vol Open Done Position Low Mar 09 1913 1938 1953 1910 519 2481 Apr 09 1886 1909 1932 1886 2866 ***** May 09 1865 1895 1919 1862 7230 ***** JunO9 1850 1876 1900 1850 3505 ***** Total61 words
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Article301 2009-03-02 22 Feb27 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES MarO9 JunO9 SepO9 DecO9 98.7325 98.7100 98.6400 98.4550 9442 6915 5692 2024 EUROYEN TIBOR FUTURES MarO9 JunO9 99.380 99.380 SepO9 DecO9 99.455 99.455 Mar10 Jun10 Sep10 Dec10 99.380 99.450 99.315 99.400 99.460 99.465 99.450 99.390 99.330 99.285 21301 words
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Article196 2009-03-02 22 Feb27 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Month High Low Close Sett Volume (lots) O/l (lots) MarO9 143.5 Apr 09 143.0 May 09 143.8 JunO9 144.8 Jul 09 145.5 Aug 09 144.5 143.5 142.7 143.7 144.7 144.7 144.5 142.0 143.0 143.0 143.0 142.5 141.5 168 16196 words
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Article91 2009-03-02 22 fehlJ TREASURY BILLS Period Issue code Maturity Yesterday's Bid Hi< Day's |h Low 3-Month BQ*****X 28.05.2009 1-Year BY*****V 02.11.09 0.34 0.43 0.29 0.25 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's High Low Hii 2-Year N*****0E 3.125 5-Year NX*****Z 2.250 7-Year N*****0S 2.875 10-Year NY*****A91 words
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Article101 2009-03-02 22 Feb27 SOYBEANS (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Mar 09 874.50 869.25 879.25 851.00 May 09 872.00 868.50 877.00 849.00 Jul 09 875.00 873.25 879.75 853.75 AugO9 864.50 866.50 868.50 850.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Mar 09 30.85 31.64 31.66 30.92 MayO9101 words
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Article74 2009-03-02 22 CRUDE OIL PRODUCTS Feb26 origin^ t/barrel Close Cham irent blend (1-Mth F) 45.84 2.8. WTI (Near Mth) 44.59 1.8. iubai (1-Mth F) 43.74 1.8. "apis blend 49.80 2.3! i/linas 45.80 2.6I >RODUCT JS$/barrel (FOB S'pore) Close Chanqi Naphtha Jet Kerosene 46.45 51.70 3.5' 2.11 US$/barrel )pec Oil Basket Price 38.9574 words
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Article445 2009-03-02 22 Feb27 iuro 'en (on 'eso lam 'ouni Australia 0.809 4.407 0.507 4.997 32.743 77.322 0.631 9.880 2.386 1.275 51.474 31.438 0.995 6.392 0.754 22.508 23.245 0.453 0.644 Canada 1.236 5.449 0.627 6.178 40.484 95.602 0.780 12.216 2.950 1.577 63.643 38.870 1.230 7.903 0.932 27.829 28.740 0.559 0.797445 words
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Article76 2009-03-02 22 Feb 27 6 mths 1.***** 9mths 1.***** 12 mths 1.***** SWAP Mid rates (Ss) 1 yr 1.***** 2yrs 1.***** 3yrs 1.***** 4yrs 2.***** syrs 2.***** 7yrs 2.***** 10yrs 2.***** 12yrs 2.***** 15yrs 2.***** Source: Thomson Reuters (US$) (SS) 0.***** 0.***** 1 mth 2 mths 0.***** 0.***** 3 mths 1.*****76 words
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Article143 2009-03-02 22 Feb27 /oz) Hong Kong 939.90 949.80 940.90 950.80 Feb 26 Feb 27 936.70 951.20 a?Q 7n qct on (SS) Selling Buying 1 oz 1611.42 1458 UBS GOLD LUNAR KINEBAR (SS) Selling Buying M Sellini Bui rim .ondon Source: Thomson Reuters 10gm SILVER $564.96 Selling 463 /ing Bu CAST143 words
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Article156 2009-03-02 22 Feb27 Against SS Currencies Bid Offer Against US$ Bid Offer S$fUS$ to one unit of foreign currency: Australian dollar 0.9940 0.9951 0.6441 0.6446 Canadian dollar 1.2294 1.2300 0.7966 0.7967 Euro 1.9598 1.9611 1.2699 1.2703 NZ dollar 0.7794 0.7804 0.5050 0.5055 Sterlini md 2.1972 2.1987 1.4237 1.424: US156 words
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Article69 2009-03-02 22 Feb27\ minimum, 99.7 jrity (US$/tonne) Co Close Previous Cash 1308.50 3 months 1342.00 1329.75 1364.00 Copper, Grade A (US$/tonne) Cash 3 months 3421.50 3449.00 3471.00 3500.00 Lead (US$/tonne) Cash 1035.75 3 months 1046.00 1033.00 1044.00 Nickel (US$/tonne) Cash 3 months 9926.00 9980.00 *****.00 *****.00 Tin (US$/tonne) Cash *****.0069 words
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Article68 2009-03-02 22 Feb27 (£/tonne) Close Prev Hii ih/Low VlarO9 1844 1830 1853/1828 Ian 05 1803 1785 1812/1779 lul 09 1764 1752 1767/1748 iepO9 1746 1730 1750/1728 ZOFFEE (US$/tonne) Close Pev High/Low /larO9 1543 1557 1552/1527 /lay 09 1559 1572 1567/1535 iUGAR (US tonne) l/hite Close Prev High/Low /lay 09 401.0 399.668 words
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2408 2009-03-02 22 BONDS, WARRANTS EXTENDED SETTLEMENT Fel lode Company Last Sale Vol Conv Exer +or- ('000) Ratio Price Disc Gear- Mths ing Left >058 Advance Modules GrpW*****3 6 susp 1 17 156 1.50 42 >036 Advance SCT Ltd W*****9 0.5 1 87 1491 11.00 18 5092 Asia Environment W*****4 0.5 1 382,408 words
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Advertisement2612 2009-03-02 23 Shipping times HiH L^HPIH ■f!flP!fPf!HWSWf!fi!W!lsHHi^^^^ i f wan hai international pte ltd uen i992o469sm H^^^S HilGßlffillSEßß^fflHJSfflE^EinilM IV" irA IAfALI MAI lIUTf TEL *****588 (14 LINES) FAX: *****163 mSKSBsII^IstSSSKMU^mI I\\Vl I WAN HAI INtS PKL TEL= t O3) *****58S FAX: (OS) *****25S PEN TEL: (04) *****00 FAX: (04)*****99 JJJBhJJB SffiflSfl JKT2,612 words
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Advertisement3594 2009-03-02 24 r^VHEßSEii^^^^^H^l PTf~ EASTERN CAR LINER, LTD I njf £J®32& I If-~__i I specialize in roro heavy lift upto 450 tons WEEKLY EXPRESS SAILING SCHEDULE I M i aM M i|ttfioiri_______i__f_l___*_________i____________l___^^ llQr^g^QQa I VOY RomplKl, LillinglKl, SIN PKL KUC LCB )KI SUR yy^y i yy^j^y|j j l |y| t^jyi jj l^ji3,594 words
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Advertisement420 2009-03-02 25 www.zonelsl l.com.sg Cut your IDD costs by up to 88% with ZONEISII In every business, being cost-efficient has become the top priority in 2009. Essential services like IDD can cost businesses a substantial amount; however ZONEISII presents ways to reduce cost while maintaining premium call quality. The partnering of only420 words
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BizIT
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BizIT FOCUS
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Article, Illustration1112 2009-03-02 25 Leveraging the right IT tools can help firms save in tough times, reports WINSTON CHAI THE age-old idiom "a penny saved is a penny earned" has taken on new meaning against the backdrop of the worst financial crisis that Singapore has everFILE PHOTO - 1,112 words
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Article, Illustration635 2009-03-02 26 Starting pay for nearly half of permanent IT jobs may fall, according to Robert Walters. WINSTON CHAI reports ALTHOUGH most companies are scaling back their headcount, the silver lining for technology professionals is that this will translate to an exponential increase in theSTOCKXPERT - 635 words
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381 2009-03-02 26 ZEINAB YUSUF - ZEINAB YUSUF By DESPITE the rough economic conditions, Singapore still remains a viable place for businesses looking to set a mark in Asia. Open Link Financial, a software provider for cross-asset trading, risk management and related operational and portfolio management, officially381 words
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Article, Illustration699 2009-03-02 27 It's betting on design, lightweight, ultra-portable gadgets, reports WINSTON CHAI COMPUTER sales may have plummeted to an all-time low but Samsung Electronics seems to think that there is no better time to stage a comeback than when the sector is at rock bottom. Having exited the699 words
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1092 2009-03-02 27 JEFFREY BERNSTEIN - JEFFREY BERNSTEIN <you say> By DATA security protection is among the most challenging issues facing Internet-connected companies, institutions and governments worldwide. International regulations and standards, along with security breach disclosure laws and the continued growing threat from sophisticated exploits, have forced organisations from all1,092 words
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Article, Illustration686 2009-03-02 27 VICTOR KATHEYAS - VICTOR KATHEYAS By IT would be fair, by any measure, to say that the pervasive use of IT by the civil service is due in good part to the contributions of Pearleen Chan. Yet by her own admission she "never intended to get into686 words
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<what's up>
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118 2009-03-02 27 SECURITY software maker Symantec has launched a Macintosh version of its Norton Internet Security suite. The company claims the entire package takes less than a minute to install and boasts an improved user interface with fast, unobtrusive software updates. Like its Windows counterpart,118 words
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Article91 2009-03-02 27 CA and VMware have introduced a new programme to encourage their resellers in Singapore and Malaysia to bundle products from the two companies. As an added benefit, resellers will get a 10 per cent discount off CA's Recovery Management element when a CA-VMware joint order91 words
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Article, Illustration135 2009-03-02 27 NOKIA is hoping to tune in to the local demand for music with a new programme which bundles unlimited song downloads with selected handsets. Consumers who purchase "comes with music" editions of Nokia devices will be able to download tracks to their hearts'135 words
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Article88 2009-03-02 27 FISERV, a supplier of technology solutions to the financial services sector, has appointed Nick Wilde as its new managing director for the Asia-Pacific region. In his new position, Mr Wilde will oversee the firm's business development, sales and marketing, as well as operational functions across88 words
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Article68 2009-03-02 27 WINSTON CHAI - WINSTON CHAI NGEE Ann Polytechnic (NP) has inked an agreement with India's National Institute of Technology Calicut (NITC) to open up opportunities for student and staff collaboration between the two schools. To kick off the partnership, NP will be sending 30 students and two68 words
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Advertisement2991 2009-03-02 26 ■^r _L^l _I_ I V», ,-i 1 I Toll free: 1800-289-8822 Email: notices@sph.com.sg www.cats.com.sg I IN THE MATTER OF THE COMPANIES II IN THE MATTER OF THE COMPANIES I fG THE COMPANIES ACT, CAP 50 ACT, CHAPTER 50 ACT, CHAPTER 50 r J a CtheAcT) AND AND iflQn^r AND IN2,991 words
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Page 27 Miscellaneous
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Miscellaneous10 2009-03-02 27 SURVEY Contract IT jobs to balloon in 2009 Page 2710 words
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