The Business Times, 30 August 2010

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Microfilm: NL30858
Total Pages: 32
1 32 The Business Times
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  • Title Section
    Lock icon Masthead
    22 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 138/08/2010 Monday, August 30,2010
    22 words
  • Article, Illustration
    Lock icon Another dousing to cool property market
    774 1  -  More flats to be built; govt looking at measures on resale deals and private housing By CONRAD TAN [SINGAPORE] The government will take further action to cool the property market and curb speculation in the resale market for HDB flats, including building 22,000 new
    DESMOND WEE/THE STRAITS TIMES  -  774 words
  • Article
    Lock icon MARKETS DIGEST
    157 1 BT ONLINE BT print subscribers get free access to BT Online at www.businesstimes.com.sg. For more information, e-mail btocs@sph.com.sg or call 6388-3838. MARKETS Weekly Change ST Index 2,938.74 +2.26 KL COMP 1,411.05 +16.03 NIKKEI 225 8,991.06 -188.32 HANG SENG 20,597.35 -384.47 SET INDEX 900.37 +6.45 JAKARTA COMP 3,104.73 -12.99
    157 words
  • Article
    Lock icon PM Lee spells out the ‘foreigner’ conundrum
    700 1  -  Without foreign workers and talent, growth will be hit By CHUANG PECK MING [SINGAPORE] The economy may be bouncing back strongly with year-on-year growth of 18 per cent in the first half and 13-15 per cent tipped for the full year but the
    700 words
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      191 1 DINING OUT Unrealised potential PAGE 24 BELGIAN GRAND PRIX Hamilton wins race COMPANIES Bigger dividend payout in the pipeline PAGE 4 MALAYSIA INSIGHT Sime ’ol story all over again PAGE 16 PAGE 21 8 *****1 *****4 Finally, a navigation system without that annoying voice. Portuguese Yacht Club Chronograph. Ref. 3902:
      191 words
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      4 1 More reports, Page 4
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      30 1 SPOTTING THE WINNERS What are the greatest opportunities for retail investors today, particularly in Singapore and the region? Why? CEOs give their views. VIEWS FROM THE TOP PAGES 12 13
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  • TOP STORIES
    • Article
      Lock icon THREE-MINUTE DIGEST
      521 2 Another dousing to cool property market THE government will take further action to cool the property market and curb speculation in the resale market for HDB flats, including building 22,000 new public homes this year, Prime Minister Lee Hsien Loong said last night. “We’ve twice acted to cool
      521 words
    • Article, Illustration
      Lock icon Black September lurks, mood darkens
      657 2  -  Uncertainty keeps bears at bay but the balance is tilting in their favour now WALL STREET INSIGHT By ANDREW ANDREW MARKS THE onset of hurricane season for the United States has yet to erupt in a major storm thus far this summer. The same could
      657 words
    • Article
      Lock icon HK protesters call for probe by Philippines
      260 2 Bloomberg [HONG KONG] Tens of thousands of Hong Kong citizens marched peacefully yesterday to demand a transparent investigation into the deaths of eight of the city’s residents in a tour-bus siege in Manila. The protest attracted 80,000 participants, said one of the organisers,
      Bloomberg  -  260 words
    • Article
      Lock icon Higher dividends follow firms’ return to health
      654 4  -  70% of outfits that fared better will reward shareholders By UMA SHANKARI [SINGAPORE] There were few surprises from companies that reported full-year results in the recent reporting season. Most turned in better earnings or lower losses, in line with the global economic recovery.
      654 words
    • Article, Illustration
      Lock icon Coming soon: third medical school and uni town in Oxbridge mould
      711 4  -  By MALMINDERJIT SINGH [SINGAPORE] Singapore will soon have a third medical school and an Oxbridgestyle collegiate university town, Prime Minister Lee Hsien Loong said during his National Day Rally speech last night. Elaborating on the surprise topic of education
      FILE PHOTO  -  711 words
    • Article
      Lock icon Keppel built the ‘right’ rig in Gulf of Mexico
      308 4  -  By CHUANG PECK MING [SINGAPORE] Keppel Corporation did not build the oil rig that exploded, sank and caused a major oil spill in the Gulf of Mexico that damaged marine and wildlife habitats as well as the Gulf’s fishing and tourism
      308 words
    • Article, Illustration
      Lock icon Big drive to ease pressure on trains
      375 4  -  By CONRAD TAN [SINGAPORE] The government will spend some $60 billion over the next decade to double Singapore’s rail network and will add more trains to ease overcrowding, Prime Minister Lee Hsien Loong said yesterday. But he warned that trains would always be
      FILE PHOTO  -  375 words
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      177 2 E v 1 mm W servcorp.com.sg Or Google "Servcorp' r >' *>? World's Finest Serviced Offices A cost effective Serviced Office solution Best address, best receptionist, best IT and support Flexible lease terms starting from one month For less than the cost of a secretary We help businesses succeed Call
      177 words
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      109 2 on its inaugural flight to Singapore 29 August 2010 M m ffii HAINAN AIRI HAINAN AIRLINES Local Time* As Hainan Airlines' first-choice ground handling partner at Singapore Changi Airport, SATS Ltd. aims to deliver exceptional service with care, warmth and professionalism. We will always put the needs of you and
      109 words
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      52 3 It's about time. Rise and shine tomorrow with the dawn of a new trading era. A time when Asia is the new price discovery destination for global traders. A time when Asian economies are the global price setters. A time when Asia is the heart of global commodity markets. Imagine
      52 words
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      311 4 Table of full-year results, Page 6 WATci NOTICES GE AAvveenndi d idaa FFaarrrraappooss,, *****111 PPoorrttoo AAlleg *****2220-00 NNOOTI MTI AAuugguuts t st 1133,, *****100 GGeerrddau 5%Gu Ref nc 8.8 5% Pe Bon PP2286 ond sue om pu Se em 22 05 nd on eeaach Ne Meon Mo CChhaassee BBaannkk,, NN..AA..)),,
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      170 5 /tfcK fflI!fo!K■£'!> CHINA WORLD TRADE CENTER China World Trade Center 20 th Anniversary China World Tower Grand Opening The China World Trade Center marks its 20 th anniversary today with a visionary milestone: the opening of the 330-metre China World Tower, the tallest building in Beijing. Crowned by the superb
      170 words
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  • COMPANY NEWS
    • Article
      Lock icon Report environmental, social risks, firms told
      454 6  -  SGX also proposes listed firms follow a set of sustainability reporting guidelines By JAMIE LEE LISTED companies have been prompted by the Singapore Exchange (SGX) to manage and declare business risks linked to environmental and social issues. In the wake of fresh allegations against
      454 words
    • Article
      Lock icon Keppel breaks ground on UK plant
      262 6  -  By MELISSA TAN KEPPEL Corporation broke ground for its $518 million energy-from-waste (EFW) plant in the UK one of the largest such projects there last Thursday. The combined heat and power plant, slated for completion in 2012, is part of a waste management project
      262 words
    • Article
      Lock icon At a glance
      481 6 glance Full-year ended June 2010 NET PROFIT TURNOVER CURRENT PREVIOUS CHNG CURRENT PREVIOUS CHNG (S$m) (S$m) Olam 359.47 252.03 42.6 10,455.03 8,587.93 21.7 Singapore Exchange 320.07 305.66 4.7 639.71 594.83 7.5 Wing Tai 160.75 20.98 666.1 821.85 501.84 63.8 GuocoLand 134.31 -70.20 nm 732.76 513.01 42.8 HsuFuChi
      481 words
    • Article
      Lock icon DIVIDENDS ANNOUNCED
      1413 6 Payment Ex Books Pay Ann (cts) date close date date ABR Hldgs aw 1.000 08-Sep 13-Sep 29-Sep 23-Aug Adampak Ltd aw 1.000 03-Sep 07-Sep 24-Sep 13-Aug Advanced Hldgs aw 0.160 09-Sep 14-Sep 23-Sep 27-Aug AIMS AMP Cap Reit ag 0.538 06-Aug 11-Aug 16-Sep 30-Jul ARA Asset Mgt aw
      1,413 words
    • Article
      Lock icon 1 in 2 IPOs to be foreign
      390 7  -  SGX chief also says bond trading will be made easier in the next month or so By JAMIE LEE THE Singapore Exchange (SGX) expects to see more than half of its initial public offerings (IPOs) over the next year to be foreign listings,
      390 words
    • Article
      Lock icon Transcu’s fortunes set to turn around
      496 7  -  By VEN SREENIVASAN TRANSCU Group’s Japan-based skincare cosmetics unit has significantly ramped up sales through Japanese multi-brand stores. Meanwhile, its life sciences unit is in final negotiation with a Japanese pharmaceutical company to develop a new trans-der-mal drug delivery device for the global market
      496 words
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      979 6 MATS Toll free: 1800-289-8822 Email: notices@sph.com.sg NOTICES (Incorporated in Japan with Limited Liability) Consolidated Balance Sheets As at March 31, 2010 and 2009 Millions of Yen 2010 2009 Assets: Cash and Due from Banks 970,869 605,348 Call Loans and Bills Bought 86,485 9,597 Receivables under Securities Borrowing Transactions 295,941 Monetary
      979 words
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      256 7 Enjoy Multi-Currency Share financing with an interest from just 2.88% p.a. Control your FX exposure and save even more with low promotional rates from OCBC Securities Multi-Currency Share Financing. Pay as low as only $24 a month for a loan amount of $10,000 1 Interest Rates Schedule 1 USD LOAN
      256 words
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      466 7 Resorts World Sentosa, Singapore 29 30 September 2010 Ms Cordelia Chung Regional General Manager IBM ASEAN Dr John Boudreau Professor of Management and Organization and Research Director, Center for Effective Organizations, Marshall School of Business University of Southern California Ms Chua Sock Koong Group Chief Executive Officer SingTel Mr Joydeep
      466 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Of known knowns and known unknowns
      598 8  -  STOCKS VEN SREENIVASAN Senior Correspondent US unemployment remains stubbornly high, manufacturing is slowing, exports are down and consumer confidence is weak. Yet Wall Street finished the week with a bang on Friday. The Dow rallied 164.84 points to claw its way past the key
      598 words
    • Article
      Lock icon Gold futures a hedge against uncertainties
      516 8  -  COMMODITY WATCH By BOB BIOLSI The writer is director, research product development, at CME Group GOLD futures have long been considered an ideal hedging instrument for various reasons. Setting the benchmark price for gold, these markets are where traders, commercial interests, banks and others
      516 words
    • Article
      Lock icon Dollar drops against yen for 2nd week on US economic fears
      425 8 CURRENCIES Bloomberg [NEW YORK] The dollar fell for a second week against the yen after reports showed the recovery in the world’s largest economy may be faltering, boosting the Japanese currency’s attraction as a refuge. The yen touched a
      Bloomberg  -  425 words
    • Article
      Lock icon RISES
      111 8 BY CENTS CLOSE UP DBXT iBoxxKR 5US$ ***** 272.4 1.8 DBXT S&P Short 10US$ 5517 174.8 2.4 JSH 2500 100.3 3.1 OCBC Bk 5.1%NCPS 100 ***** 90.0 0.9 GLD 10US$ ***** 86.7 0.5 DBXT iBoxxUSTr 5US$ ***** 78.6 0.3 OCC 5.1% NCPS 100 ***** 60.0 0.6 JMH 4300 51.5
      111 words
    • Article
      Lock icon FALLS
      123 8 BY CENTS CLOSE DOWN DBXT Nifty 10US$ *****-302.2 -1.9 DBXT FTVietnam 10US$ 3553-177.5 -3.6 DBXT SPASX200 10US$ 2735-164.0 -4.2 DBXT MSKorea 10US$ 4677-161.3 -2.5 BMT 593-157.0 -20.9 DBXT FTChina25 10US$ 2849-147.7 -3.7 STXPO 100 1298-126.0 -8.8 DBXT E50 10US$ 3637 -85.4 -1.7 DBXT MSCHINA 10US$ 1138 -81.3 -5.0 Lyxor
      123 words
    • Article
      Lock icon BROKERS’ RECOMMENDATIONS
      1430 8 Consensus No. of Forecast Mean Fri’s recommendation esti-EPS PE target price Company name This wk Last mth mates (cents) (ratio) price Allgreen Properties 2.45 2.45 11 10.97 10.39 1.29 1.14 ARA Asset Mgt 1.75 1.75 4 7.33 15.43 1.28 1.13 Armstrong Ind 1.00 1.00 3 4.95 9.19 0.54
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    • Article
      Lock icon CURRENCIES Where S$ stands
      87 8 Aug 27 CHNG YR 2010 CLOSE FR Aug 26 S$ LOW S$ HIGH US$ 1.3549 0.22 1.4219 1.3472 Euro 1.7225 -0.20 2.0153 1.6886 Pounds 2.1032 -0.12 2.2831 2.0003 A$ 1.1998 0.12 1.2960 1.1515 Yen* 1.6038 0.10 1.6055 1.4467 Rupiah* 0.***** 0.37 0.***** 0.***** Baht* 4.3232 -0.16
      87 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 8 WEEKLY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      65 8 Aug 27 VALUE CLOSE BT OB/OS -475.00-100.00 BT CADI -*****.00 +2.00 BT 10-day MA -*****.00 -48.00 FTSE ST Mid Cap 717.65 -1.28 FTSE ST Small Cap 531.81 +0.31 FTSE ST All Share 724.50 +2.34 FTSE ST China Top 261.97 -0.07 FTSE ST China 294.06 +1.88 FTSE ST
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    • Article
      Lock icon MOST ACTIVE STOCKS
      56 8 VOLUME Genting SP 461,785,000 Vallianz Hldgs 212,757,000 *Genting HK US$ 183,713,000 China Hongxing 171,382,000 Oceanus 168,565,000 Golden Agri 155,865,000 Informatics 147,932,000 StyleMerc 140,920,000 Beng Kuang 127,862,000 Scintronix 115,762,000 VALUE($) Genting SP 725,496,000 CapitaLand 364,230,566 SingTel 298,677,075 DBS Grp 275,938,204 UOB 234,789,936 Wilmar 207,187,595 Olam 185,135,975 Noble Grp
      56 words
    • Article, Illustration
      Lock icon Dive in director trades after two weeks of heavy activity
      1380 10  -  INSIDE MARKETS By ROBERT HALILI The writer is managing director at Asia Insider Ltd TRADINGamongdirectorsplunged after heavy activity for two straight weeks, with only 20 companies that recorded 46 transactions worth $9.1 million, based on filings on the Singapore Exchange
      1,380 words
    • Article, Illustration
      Lock icon Portfolios shed 1.3% on average
      1405 10  -  TEH HOOI LING Senior Correspondent WORRIES about the economy continue to weigh stocks down. Five out of six of our portfolios retreated. On average, the portfolios were down by 1.3 per cent. This compared with the flat performance of the Straits Times Index. The lone
      1,405 words
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      89 8 ~V' Phillip Futures u Bringing Global Markets Closer to You m www, phillipfutures.com.sg 6538 0500 Brought to you by Phillip Futures Pte Ltd (A member of PtiillipCapitaJ) The above information does riot constitute an investment advice, an offer/solicitation to buy/sell the above mentioned investment produces). Trading in the above products
      89 words
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      137 9 /VN r XS ✓N w. o> o>:v> r SI mp* V y. 1 *7*?, ttV ft Hi 1U I /V t NGEE ANN CITY plays a part in making Singapore a sunny 'green' island through its relentless efforts and determination. Through the process of reuse, reduce and reengineer, Ngee Ann
      137 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Big voices and even bigger hearts despite their tender years
      325 11  -  By ARTHUR LEE AT age 12, Nathania Ong is already a seasoned performer, having sung on numerous occasions and at public venues. Her most recent gig was to sing the National Anthem at the closing ceremony for the Youth Olympic
      ARTHUR LEE  -  325 words
    • Article
      Lock icon Bankruptcies down in H1
      633 11  -  Low unemployment and swift economic recovery kept numbers down By CONRAD TAN THE number of applications for personal bankruptcy here and the number of bankruptcy orders made fell in the first six months of this year, an indication that the swift economic recovery may have saved
      633 words
    • Article
      Lock icon COMPANY MEETINGS
      216 11 COMPANY MEETING PLACE DATE TIME ACE Achieve A The Gallery, Level 4 Paramount Hotel 25, Marine Parade, Singapore *****6 30-Aug 10.00am C&G Environmental S Meeting Room 206, Level 2 Suntec International Convention and Exhibition Centre 1 Raffl es Boulevard, Suntec City Singapore *****3 30-Aug 10.00am NOL E 456
      216 words
    • Article
      Lock icon PRIME LENDING RATES
      403 11 Aug 27 BANKS Agricultural Bank Of China 5.5 ANZ Banking Group 6 Arab Bank PLC 5.5 Banco Bilbao Vizcaya Argentaria, S.A. 6 Bangkok Bank 6 Bank Julius Baer Co. Ltd(S) 5 Bank of America NA 5 Bank of China Limited 5.5 Bank of Communications 5.5 Bank of
      403 words
  • Article, Illustration
    Lock icon Driving innovation with standards
    1022 11 A feature series on Quality Standards, brought to you by SPRING Singapore You may not be aware of it; but standards are at work in many aspects of our daily lives. Sending and receiving emails is possible, thanks to an internet standard called Simple Mail Transfer
    1,022 words
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  • VIEWS FROM THE TOP
    • Article, Illustration
      Lock icon SPOTTING THE WINNERS
      2297 12 THIS WEEK’S TOPIC From your understanding of recent developments and likely future scenarios, what are the greatest opportunities for retail investors today, particularly in Singapore and the region? Why? Michael Zink Country Head Citi Country Officer, Singapore Citi Group IN the current uncertain and volatile environment, risk-reward
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      582 13 \f Wir TOSHIBA Leading Innovation »> a Cdtbraiinj 135 years of (moiraiart Solutions &ClfS in -the Notebook TC Business years of, Notebook Innovations Quality Windows®. Life without Walls™. Toshiba recommends Windows 7. LIGHTNING-FAST BRAIN. SUPER-SLIM BODY. FULL SPEC. ass aiaeaee NOW THAT'S SMART. R700 Super-slim 1.9cm thin full-feature notebook with
      582 words
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  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • Article, Illustration
      Lock icon Not just a pretty face(book)
      914 14  -  Social media tries to come of age and in the process has spawned a whole new support industry, reports SHELLIE KARABELL SHELLIE KARABELL E-MAILS are old hat; SMSes passe. Tweeting, blogging, and posting on “walls” are no longer the domain of the under-30s. They have
      914 words
    • Article, Illustration
      Lock icon Europe’s best-kept secret
      1132 14  -  A visit to Scandinavia for these students has broadened their horizons to another way of doing things CAMPUS LIFE By IU WEI BO, LEE XINJIN ,NATASHA TOH The writers, Iu Wei Bo and Lee Xinjin are respectively third- and second-year students at the SMU School of Economics,
      1,132 words
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      271 14 Be smart with your finances 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 have
      271 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon Hapless Japan needs help to weaken yen
      860 15 Unilateral BOJ action expected to fail unless US and EU play their part Bloomberg Reuters [LONDON] Any effort by Japan to weaken the yen after it rallied to a 15-year high may fail without help from the US and the European Union, currency
      Bloomberg; Reuters; REUTERS  -  860 words
    • Article
      Lock icon Hungary told to stick with budget cuts, narrow gap
      435 15 Sound policies will help country boost its economy: Rehn Reuters [BUDAPEST] Hungary should continue fiscal consolidation and bring its budget gap to below 3 per cent of gross domestic product (GDP) next year under the European Union’s (EU) Excessive Deficit Procedure,
      Reuters  -  435 words
    • Article
      Lock icon Europe bordering on self-sustaining recovery: ECB
      231 15 Reuters [FRANKFURT] Europe is on the brink of a self-sus-taining recovery, European Central Bank governing council member Axel Weber said. In an interview with CNBC, Mr Weber said that it was now the time to put fiscal consolidation on top of the political agenda.
      Reuters  -  231 words
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      83 15 KNOWLEDGE ISN'T POWER UNLESS IT'S SHARED. The world class EMBA program where top executives converge Ranked No.l in the world by Financial Times (2009) Ranked No.l in the world by The Wall Street Journal (2008) Source: 2009 and 2008 EMBA Survey by FT and WSJ Join our information session to
      83 words
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon Sime ol’ story all over again
      572 16  -  MALAYSIA INSIGHT S JAYASANKARAN KL Correspondent ALAS, poor Sime Darby. When Sime, Guthrie and Golden Hope merged three years ago to create the world’s largest listed oil palm company, there was expectation amongst shareholders that the synergies inherent in such a merger would far
      572 words
    • Article, Illustration
      Lock icon Thousands flee as volcano erupts in Indonesia
      529 16 Red alert issued as Sinabung blankets nearby area in thick, acrid black smoke AFP [JAKARTA] A volcano on the Indonesian island of Sumatra erupted for the first time in 400 years yesterday, spewing a vast cloud of smoke and ash into the air
      AFP; AP  -  529 words
    • Article
      Lock icon ‘Terminator’ mozzies to fight dengue?
      308 16 M’sia considers releasing thousands of GM mosquitoes AFP [KUALA LUMPUR] Malaysia is considering releasing genetically modified (GM) mosquitoes designed to combat dengue fever, in a landmark field trial that has come in for criticism from environmentalists. In the first experiment of its kind in Asia,
      AFP  -  308 words
    • Article
      Lock icon BURSA MALAYSIA
      2003 16 VOL Aug 27 RM +/-(‘000) A M Realty 0.49 unch 385 Abric Bhd 0.23 -0.01 108 Advance Synerg 0.14 -0.01 1023 Adventa Bhd 2.53 -0.06 219 Ae Multi Hldgs 0.37 -0.03 2224 Affin Holdings 3.04 unch 495 Ahmad Zaki Res 0.80 0.01 42 Aic Corp 0.86 -0.04 2460
      2,003 words
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  • GREATER CHINA
    • Article
      Lock icon Wen urges Japanese firms to raise wages
      483 17 Japan is pressing Beijing for more ‘transparent’ labour policies AFP [BEIJING] Chinese Premier Wen Jiabao yesterday urged Japanese companies operating in China to raise workers’ wages, after a series of strikes led to costly factory shutdowns, Japan’s foreign ministry said. Mr Wen made
      AFP  -  483 words
    • Article
      Lock icon China defends curbs on exports of rare earth
      264 17 [BEIJING] China defended its controls on exports of rare earth after Japanese officials raised concerns about supplies of the raw materials used in the manufacture of products from cell phones to radar. Restrictions on the rare earth industry will help protect the
      264 words
  • Page 17 Advertisements
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      1158 17 BEATS Toll free: 1800-289-8822 Email: notices@sph.com.sg NOTICES IN THE MATTER OF THE OMPANIES CT AP50 AND IN THE MATTER OF VIN ARENTERPRISE PTE (Co. egistration *****7 M) NNOOTICEOFRESOLUTIONSFOR MEMBERS’ UNTAR WINDING-UP (Pursuant Section290) AAtt tthhee Extraordinar Gener Meeting member heabo -namedCompan duly conenedandheld 23 Ale ndr ad #04-1 The Ale
      1,158 words
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      948 17 [•SATS P Toll free: 1800-289-8822 Email: notices@sph.com.sg NOTICES THEBANKOFTOKYO-MITSUBISHIUFJ, TD.ANDSUBSIDIARIES HeadOffice:7-1,Marunouchi2-chome,Chiyoda-ku, okyo100-8388,Japan. Singapore: RafflesPlace#01-01,RepublicPlaza,Singapore*****9. ConsolidatedBalanceSheets,March31,2010and2009 ConsolidatedStatements Operations YYearsEndedMarch31,2010and2009 Millions 2010 2009 Millions 2010 2009 ASSETS: Cashandduefrombanks(Notes ,11and24) ¥6,309,015 ¥5,239,373 Callloansandbillsbought(Note24) 407,622 272,085 Receivablesunderresaleagreements 610,605 134,638 Receivablesundersecuritiesborrowing transactions(Note24) 4,827,881 4,478,999 Monetaryclaimsbought(Notes 11and24) 2,915,209 3,326,640 TTrradingassets(Notes 11and24) 7,625,318 10,636,985 Moneyheld trust(Notes and24)
      948 words
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  • INDIA
    • Article
      Lock icon India urged to ‘pray’ for completion of Games
      191 18 AFP [NEW DELHI] New Delhi’s top official has urged Indians to “pray” for the city’s Commonwealth Games sporting venues to be completed on time, after massive delays in construction threatened the Oct 3 start. In remarks broadcast on Saturday, Delhi chief minister
      AFP  -  191 words
    • Article
      Lock icon Will India pull the plug on BlackBerry after all?
      289 18 Minister ‘hopeful’ a plan be worked out with the smartphone’s maker Bloomberg [NEW DELHI] India’s BlackBerry users are holding their breath as they wait to see if the government carries out a threat this week to ban encrypted messages sent on
      Bloomberg  -  289 words
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      751 18 MATS BUY IT SELL IT FIND IT NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg The Norinchukin Bank (Abankorganised apan) Consolidated Balance Sheets As Mar 31,2010and2009 Millions 2010 2009 Assets CashandDuefromBanks 2,195,337 2,773,412 CallLoansandBills Bought 1,336,137 1,155,692 Recei ablesunderSecurities Borrowing ansactions 140,422 MonetaryClaimsBought 490,182 646,139 TTrradingAssets 13,054 24,842 MoneyHeld rust 6,556,615 5,654,876
      751 words
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      928 18 MATS c Toll free: 1800-289-8822 Email: notices@sph.com.sg NOTICES (Incorporated In Japan With Limited Liability) Consolidated Balance Sheets As of March 31, 2010 and 2009 2010 2009 Millions of yen Assets: Cash and due from banks ¥1,224,201 ¥1,367,044 Call loans and bills bought 74,300 19,500 Receivables under securities borrowing transactions 46,876
      928 words
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      336 19 c a V NS to Wete ed att^ acn Yfl a\P T Y\\\p^ a aeoet t\te P c dW B aqS6 rf\ai tot \\otes as cte ,\d doc MP s euO ta^e toe hou U3A d aft eT v^otu v\oM e OS d\o°^ e a me \det d\o a» tt\e
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  • ASIA-PACIFIC
    • Article, Illustration
      Lock icon Japan’s ruling party faces harsh reality
      629 20 DPJ faces prospect of yet another power change in coming weeks AFP [TOKYO] A year after sweeping to power in a landslide win, Japan’s cen-tre-left governing party is unpopular, divided, and hobbled by policy gridlock as it grapples with pressing economic problems. After a
      AFP  -  629 words
    • Article
      Lock icon Japan may see refining shake-up
      606 20 New rule to shut plants will backfire; Exxon may quit Reuters [TOKYO] Japan’s new rule to boost capacity to process heavy oil represents a subtle policy change that industry sources say may shake up its overcrowded refining industry and prompt the exit of top foreign
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      Lock icon Brewers keen to capitalise on Vietnam’s beer market
      437 20 AFP [DANANG, Vietnam] Vietnam’s thirst for beer is hard to quench, and a new production line with a capacity for 50,000 bottles an hour is the latest industry attempt to target one of the region’s key markets. VBL Danang Ltd opened the
      AFP; REUTERS  -  437 words
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      311 20 top to Mr. Gurcharanjit Singh s/o Dewan Singh, PBM Managing Partner M/S LAU GUR Advocates Solicitors On being conferred the BBM Award by His Excellency, The President Of The Republic Of Singapore From: SMART AUTOMOBILE PTE LTD SMART For tomorrow's drivers SMART Energy Pte Ltd BANKING FINANCE NETWORKING SESSION 2010
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      143 20 NOTICES nI n In theMatter TheCompaniesAct(Cap.50) And nI n In theMatter PohLian radingPrivateLimited (InMembers’ oluntar Liquidation) (CompanyRegistrationNo.*****4765G) nI n In theMatter YYeeww Hock radingPteLtd (InMembers’ oluntar Liquidation) (CompanyRegistrationNo.*****0082E) NOTICEOFFINALMEETINGS NOTICE HEREBYGIVENthatpursuant ot o to Section 308(1) theCompaniesAct (Cap.50),thattheFinalMeetings the members theabove-namedCompanies will beheldonThursday 30September 2010 commencing 11.00 am. 35 KallangPuddingRoad,#07-06
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  • WORLD
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      Lock icon Hamilton wins thrilling Belgian Grand Prix
      645 21 Red Bull’s Webber is second while Renault’s Kubica finishes third in chaotic race; bad day for reigning champ Button Reuters [SPA-FRANCORCHAMPS, Belgium] McLaren’s Lewis Hamilton won a chaotic and thrilling Belgian Grand Prix to seize back the Formula One championship lead from Red Bull’s
      Reuters; AFP  -  645 words
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      Lock icon MTV success makes Viacom a hot property
      688 21 Some analysts deem Viacom shares to be undervalued Reuters [NEW YORK] Viacom Inc’s Philippe Dauman, a cultured media chief who scored perfect results on his college entrance exam and entered Yale at 16, happens to be an ardent fan of sensational TV shows.
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      Lock icon DB Platinum
      16 21 Branchen Stars R1C-A EUR db X-MACROTrading Index Fund I4D GBP 23/08/10 122,22 19/08/10 99,22
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      Lock icon DB Platinum II
      11 21 FX Select Guaranteed Fund R1D 23/08/10 100,86 USD
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      Lock icon DB Platinum IV
      29 21 Balanced Currency Harvest Euro I1C EUR Booster Capital Guaranteed Fund SGD R1D SGD Double Joy Capital Guaranteed Fund R1D USD 17/08/10 100,88 19/08/10 10,45 19/08/10 9,96
      29 words
    • Article
      Lock icon The uncomfortable math of monetary policy
      623 22 A double-dip recession was the hot topic at the conference US FEDERAL RESERVE ANNUAL SYMPOSIUM Reuters [JACKSON HOLE, USA] Bigger, as the Federal Reserve may soon discover, is not always better. The prospect of a renewed effort by the US central bank to drive
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      Lock icon Monetary jolts needed to sustain rebound: BOE
      371 22 Deleveraging incomplete, spare capacity still around Bloomberg [JACKSON HOLE] Bank of England deputy governor Charles Bean said that more monetary stimulus may be required to sustain the recovery as the aftermath of the recession continues to hamper the economy. “The deleveraging process is
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      Lock icon Fiscal ‘alchemy’ must mimic monetary science: paper
      287 22 Reuters [JACKSON HOLE] Tax and budget policies need the same regularity and independence as monetary policy if countries around the world are to cope with looming stresses from pension programmes, world central bankers were told at a Federal Reserve conference on Saturday. “Modern
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      172 21 THECOMPANIESACTCAP50 AND NI N IN THEMATTEROF NOV LEISUREPTE. TD. COMPANYREGISTRATIONNO.*****1547G (INMEMEBERS’VOLUNTAR LIQUIDATION) NOTICEOFFINALMEETING NOTICE HEREBYGIVENpursuant ot o to Section 308(2) the Companies Act, Cap.50thattheFinalMeeting Members theabovenamedCompany will be held 190 Middle Road #14-02, Fortune Centre, Singapore *****9 on Thursday 30 September 2010 11a.m.forthepurpose stated Section308 theCompanies Act, Cap. 50 and
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      233 21 4000 INTERNATIONAL STANDARD BOOTHS YOUR GATEWAY TO A HUGE MARKET WITH 1.9 BILLION CONSUMERS THE 7 th CHINA-ASEAN EXPO CA&X-pC OCT. 20-24, 2010 NANNING CHINA Visit the 7 th CAEXP0: Chinese Commodity Section Engineering machinery vehicles, electric power new energy equipment, food processing/packaging machinery, building materials, electronics electrical appliances, jewelry
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      285 22 Hewitt Associates, a global human resources consulting company invites you to participate in the Hewitt Best Employer in Singapore 2011 study. Partnering TheBusiness Times and CATSRecruit inTheStraitsTimes, the Hewitt Best Employer in Singapore study is in its sixth year in Asia. The largest employee research of its kind with views
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  • AVIATION/SHIPPING
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      Lock icon India aims to triple port capacity
      429 23 Govt will unveil a 10-year plan to implement major transport changes Bloomberg [MUMBAI] India, Asia’s third-biggest economy, plans to triple port capacity within a decade, as it tackles infrastructure deficiencies that threaten to dampen growth. The country needs “urgent action” to ensure that it
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    • Article
      Lock icon Airline suspends crew for safety lapse
      287 23 Passengers evacuated on taxiway after crew report ‘engine fire’; 14 injured Bloomberg [LONDON] The crew of Jet Airways (India) Ltd’s flight 9W2302 from Mumbai to Chennai on Friday was suspended for “serious procedural lapses” in the evacuation of the plane, India’s Directorate-General of Civil
      Bloomberg  -  287 words
    • Article
      Lock icon TRANSPORT STOCKS
      278 23 SGX '000 Aug 27 S$ +/-Vol CH Offshore 0.52 0.01 421 Chuan Hup Hldg 0.26 -0.01 74 Cosco Corp 1.54 -0.01 4858 CWT Ltd 0.92 -0.01 666 Ezra Hldgs 1.75 -0.01 5388 First Ship Lea 0.40 unch 118 Freight Links 0.06 unch ***** Grand Banks unch unch 0
      278 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2982 23 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi SQ457 1230 SQ456 1250 EY473 1950 Adelaide LH9771 1745 LH9770 2350 SQ278 1745 SQ279 2350 VS7268 1745 VS7279 2350 Amsterdam SQ323 0605 LO4032 2345 US5410 0605 SQ324 2345 AZ3992 1525 US5411 2345 KL835 1525 Athens SQ348 0105 Atlanta DL281
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      Lock icon Airbus: A350 delivery schedule is ‘comfortable’
      377 23 Bloomberg [BERLIN] Airbus SAS said it’s “very comfortable” with its delivery schedule for the new A350 plane, responding to an article in Les Echos newspaper that the widebody model will get off to a slower start than planned. Airbus, the world’s largest maker of
      Bloomberg  -  377 words
  • Page 23 Miscellaneous
    • Miscellaneous
      Lock icon Page 23 Miscellaneous Column 1
      367 23 CRYPTIC CROSSWORD Across 1 Fix bell out of order by back of office denoting some working hours? (8) 5 Ridiculous muscle on French director (6) 9 Awkward rig left in wharf producing standstill (8) 10 One in France detained by hard German showing strong desire (6) 12 Posh doctor in
      367 words
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  • DINING OUT
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      Lock icon Unrealised potential
      799 24  -  NEW RESTAURANT Procacci 70 Collyer Quay #01-04 Customs House Tel: 6532-9939 By Jaime Ee THESE days, Singapore is so globalised that you don’t have to go overseas to buy your favourite BB cream from Korea or Bomba rice from Spain anymore. Be it food, cosmetics or fashion, sooner
      ARTHUR LEE  -  799 words
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      Lock icon Signature favourites
      714 24  -  PROMOTIONAL MENU Xi Yan Private Dining 38A Craig Road Tel: 6220-3546 www.xiyan.com.sg By Audrey Phoon “WHEN we first started our business in Singapore, we were not sure how it would do,” says Thomas Choong, co-owner of Xi Yan, a private dining brand that was founded in Hong Kong
      714 words
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      217 24 ."SEL M» —MM lit &/4A/ Luxurious least Asia Cruise Sailing Dates: 10 or 17 January, 2011 Log on to bravellersx^m the ultimate travel resource bu SPH Sponsored By: RoyalCaribbean Content Powered By: Singapore's directory search engine WINE DINE AND HOSPITALITY THE GOURMET FAST LANE Set your pulse racing with 10
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      65 24 Reach Serious Gdurmets In This Targeted Space Enjoy special advertisement rates in this dedicated culinary environment. Amy Choo Adeline Goh Amy Leo Lawrence Chang 6319 1559 6319 6127 6319 2129 *****650 9690 3432 9681 8289 9730 7101 9229 4919 Lina Tan AlisaTan Jeffrey Nah Alfred Lee 6319 2045 *****480 6319
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      9289 25 Week ended: Aug 27 52-wks Tel Last Vol Week Last Quote Div GrYld Net M Cap High Low Code Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 20.5 13 3148 8Telecom 18.5 unch 4092 20.5 18.5 18.5 19 1.7 9.8 5.9 88.6 12 6 5834 A-Sonic
      9,289 words
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      Lock icon SGX CATALIST
      1881 26 52-wks Tel Last Vol Week Last Quote Div Gr Yld Net M Cap High Low Code Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 9 4.5 1181 t AA Grp 4.5 -0.5 200 4.5 4.5 4 5 25 4.3 225 130 6222 t APStrategic 194 +7
      1,881 words
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      Lock icon STRAITS TIMES INDEX STOCKS
      113 26 Stock name Close Change CapMallsAsia 2.080 +0.010 CapitaLand 4.000 -0.010 CapitaMall 1.920 +0.030 CityDev 11.960 +0.060 ComfortDelGro 1.490 -0.010 DBS Grp 13.720 +0.060 F&N 5.550 Genting SP 1.600 Golden Agri 0.535 -0.010 HK Land 5.400 +0.080 Stock name Close Change JMH 43.000 -0.180 JSH 25.000 +0.020
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      Lock icon STOCKS ASIA
      2694 26 Transaction date: Aug 27 For a full listing of the closing prices, log on to BT online at http://business-times.asia1.com.sg after 11.30pm every trading day HONG KONG Vol HK$ +/-'000 Aeon Credit 6.70 unch 98 Aeon Stores 14.82 0.42 40 Angang Steel 10.98 -0.22 ***** Anhui Conch 27.25 0.25
      2,694 words
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      Lock icon SECURITIES TRADING SCOREBOARD
      186 26 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 5 11 2 0 0 0 5 11 2 Manufacturing 49 105 73 10 11 23 59 116 96 Commerce 26 23 30 8 9 4 34 32 34 Tpt/Stor/Comms 11 23 11
      186 words
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      Lock icon SGX ETF
      869 26 52-Wk Tel Last Vol Week Last Quote Div GrYld Net MCap High Low Code Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 124 107 6389 ABF SG Bond ETF 115 -3 19 118 115 112.5 115 525 917 716 CIMBAsean40 100US$ US916 +5 8 916 912
      869 words
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      Lock icon CLOB INTERNATIONAL
      263 26 52-Wk Tel Last Vol Week Last Quote Div GrYld Net MCap High Low Code Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 56 36.5 6000 AVJennings A45cd -0.5 10 45 42.5 44.5 50 3.6 7.8 3.6 117.2 31.5 16 6017 Genting HK US$ US30.5 +1.5 *****3
      263 words
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      Lock icon SECURITIES TRADING TURNOVER
      123 26 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 55,071 55,071 180,003 180,003 Manufacturing 1,468,937 230,035 1,698,972 898,708 29,032 927,740 Commerce 683,137 264,406 947,543 606,856 55,392 662,248 Tpt/Stor/Comms 468,739 3,283 472,022 834,436 334 834,770 Finance 79,127 133 79,260 728,723 16 728,739 Construction 162,619 170,424
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      26 26 Insiders' trades. Brokers' recommendations. Dividend table. The pages also cover transactions by directors and substantial shareholders. In other words, news you can use. THE BUSINESS TIMES
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      374 27 In local curr In S$ In US$ dy yr dy yr dy yr Aug 27 Index Change Change Change Change Change Change World Index Preliminary 783.1 0.9 -5.9 0.7 -10.3 0.8 -7.1 EAFE Preliminary 728.0 0.8 -7.2 0.5 -12.8 0.5 -9.7 Europe Preliminary 1061.4 0.8
      374 words
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      Lock icon INTERBANK RATES
      180 27 Aug 27 $S Offer Bid Overnight 0.05 0.02 1-month 3/8 1/8 2-months 7/16 3/16 3-months 9/16 5/16 Overnight mode: 0.10 US$ Offer Bid 7 days 0.35 0.25 1 month 0.49 0.29 2 months 0.55 0.35 3 months 0.60 0.40 6 months 0.80 0.60 9 months 1.00 0.80 12
      180 words
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      Lock icon US$/S$ FORWARD RATES
      22 27 Aug 27 S$ Bid Offer 1-month 1.3552 1.3561 2-months 1.3552 1.3561 3-months 1.3552 1.3561 6-months 1.3549 1.3558 Source: OCBC
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      Lock icon FOREIGN CURRENCY NOTE RATES
      132 27 Aug 27 As at 9am Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2060 1.2360 Can dollar 1.3030 1.3180 Euro 1.7290 1.7490 NZ dollar 0.9540 0.9750 Sterling pound 2.1150 2.1400 US dollar 1.3410 1.3560 Local dollars to 100 units of foreign
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      Lock icon STOCK INDEX FUTURES
      27 27 Aug 27 Open High Sett STI Aug 2938 SIMSCI Aug 344.1 347.6 345.7 Taiwan Aug 270.6 272.6 271.7 Source: MF Global (S) Pte. Ltd
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    • Article
      Lock icon PALM OIL
      66 27 Aug 27 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Sep 10 2680 2688 2688 2676 313 3259 Oct 10 2595 2604 2610 2592 852 ***** Nov 10 2530 2542 2557 2527 8616 ***** Dec 10 2525 2525
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      Lock icon SGX DERIVATIVES TRADING
      427 27 Aug 27 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Sep10 99.6800 0 1037 Dec10 99.5450 0 3255 Mar11 99.4950 0 2207 Jun11 99.4100 0 1954 EUROYEN TIBOR FUTURES Sep10 99.6500 2 3745 Dec10 99.6900 99.6900 99.6900 99.6850 0 1867 Mar11 99.7150 99.7150 99.7150 99.7000 0 2043
      427 words
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      Lock icon SICOM FUTURES
      170 27 Aug 27 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Sep 10 344.0 340.0 344.0 128 626 Oct 10 343.0 342.0 343.0 80 296 Nov 10 343.5 343.0 343.5 56 287 Dec 10 343.0 343.0 343.5 24 544 Jan
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      Lock icon GOVERNMENT SECURITIES
      88 27 Aug 27 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****Z 25.11.2010 0.28 1-Year BY*****W 03.05.2011 0.33 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****1E 2.500 01.10.2012 104.22 104.25 104.25 5-Year N*****0N 1.375 01.10.2014 102.77 102.86 102.80
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      Lock icon CHICAGO BOT
      105 27 Aug 27 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Sep 10 1022.00 1013.00 1024.75 1013.25 Nov 10 1026.00 1014.50 1029.50 1014.00 Jan 11 1034.25 1022.25 1037.75 1022.25 Mar 11 1038.75 1026.00 1041.00 1026.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Sep 10 40.20 39.49 40.27
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      Lock icon CRUDE OIL & PRODUCTS
      77 27 CRUDE OIL PRODUCTS Aug 26 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 75.06 2.49 WTI (Near Mth) 73.38 0.79 Dubai (1-Mth F) 72.44 1.40 Tapis blend 79.40 1.55 Minas 74.40 1.55 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 71.61 0.72 Jet Kerosene 84.40 1.00 US$/barrel Opec Oil
      77 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      2523 27 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Tel Last Vol Conv Exer Disc Gear-Mths Code Company Sale +or-('000) Ratio Price ing Left 6221 Asia-Pacific Strat W*****6 38.5 -0.5 10 1 150 -3 5.04 45 6227 ASJ Hldgs W*****1 3.5 1 4 15 1.86 18 6168 Asia Water Tech W*****8 4 -0.5
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      Lock icon THE BUSINESS TIMES SHIPPING TIMES
      5670 28 BALISA SHIPPING TRADING PTE LTD 8 Shenton Way, #40-03A, Singapore *****1 Tel: 6345 5700 Fax: 6345 5227 Email: singapore@balisagp.com CR NO. **********0W UK CONTINENT SERVICE U.S.A. SERVICE Destination STXPO TBN Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Destination STXPO TBN New Orleans/Camden *Loads E./W.
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      Lock icon INTERBANK CROSS RATES
      464 27 Aug 27 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.941 6.041 0.698 6.912 41.637 79.983 0.752 10.634 2.792 1.261 76.082 40.162 1.205 6.505 0.909 28.454 27.834 0.573 0.889 Canada 1.063 6.421
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      Lock icon SIBOR
      85 27 Aug 27 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 0.***** 0.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      154 27 Aug 27 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2038 1.2053 0.8883 0.8888 Canadian dollar 1.2798 1.2809 0.9444 0.9446 Euro 1.7248 1.7263 1.2727 1.2730 NZ dollar 0.9546 0.9566 0.7044 0.7054 Sterling pound 2.1031 2.1049 1.5519 1.5522
      154 words
    • Article
      Lock icon PRECIOUS METALS
      137 27 Aug 27 GOLD (US$/oz) Aug 27 Aug 26 Hong Kong 1235.70 1210.00 Aug 26 Aug 27 London 1239.05 1241.00 1239.55 1241.70 Source: Thomson Reuters CAST BAR Aug 27 (S$) Selling Buying Kilobar 57,765.02 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 129.47 54 5gm 367.01 269 10gm 655.91
      137 words
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      Lock icon LONDON METALS
      71 27 Aug 27 Aug 27 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2044.75 2012.25 3 months 2058.00 2023.00 Copper, Grade A (US$/tonne) Cash 7447.25 7291.50 3 months 7459.00 7304.50 Lead (US$/tonne) Cash 2064.50 2000.00 3 months 2090.00 2025.50 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne)
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    • Article
      Lock icon LIFFE
      82 27 Aug 27 COCOA (£/tonne) Close Prev High/Low Sep 10 1981 2023 2033/1981 Dec 10 1931 1945 1961/1929 Mar 11 1943 1957 1973/1940 May 11 1955 1970 1985/1953 COFFEE (US$/tonne) Close Prev High/Low Sep 10 1597 1563 1621/1548 Nov 10 1637 1597 1661/1583 Jan 11 1653 1613 1677/1600 Mar 11
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      51 29 USE THIS SPACE TO SELL CALL JOE WONG AT 9620 1327 TO ADVERTISE THE BUSINESS TIMES SHIPPING TIMES FREIGHT FORWARDER urgently needed by shippers I Can they find your services here in the Shipping Times? THE BUSINESS TIMES TO ADVERTISE, CALL JOE WONG AT 9620 1327 THE BUSINESS TIMES SHIPPING
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  • BizIT
    • Article, Illustration
      Lock icon PCs fuel sales of consumer electronics
      707 30  -  Singaporeans’ enthusiasm for gadgets, consumer electronics bucks global trend, reports VICTORIA HO VICTORIA HO CONSUMER electronics demand is alive and well in Singapore, bucking a global downward trend, according to market research company GfK. The company said the global economic crisis has not seemed
      BLOOMBERG  -  707 words
    • Article
      Lock icon US retailers venture into mobile shopping
      395 30 LAT-WP [WASHINGTON] Back-to-school shopping deals are just a text message away this year as US retailers wade into the brave new world of mobile commerce. JCPenney sent customers texts with the latest autumn clothing styles and discounts, and even print ads encourage users to
      LAT-WP  -  395 words
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      Lock icon Tackling hi-fi market customer renewal
      939 31  -  <viewIT> CHRISTOPHER LIM Correspondent THE early days of the MP3 revolution in the late 1990s seemed to ring the death knell for the hi-fi industry. The proliferation of abysmally low-quality digital files rendered discussions of audio quality pointless it’s hard to market the detail and
      939 words
    • Article
      Lock icon HP’s bid superior to Dell’s: 3PAR
      225 31 AFP [WASHINGTON] Data storage firm 3PAR said on Saturday that a newly-raised acquisition offer by Hewlett-Packard was “superior” to that made by Dell, amid a bidding war between the PC giants. 3PAR’s “board of directors has determined that the unsolicited proposal by Hewlett-Packard Company
      AFP  -  225 words
    • Article
      Lock icon Record server sales in Q2 confirm recovery is real
      752 31  -  S'pore’s push to be a data centre hub is likely to boost sales to record high in ’10 By RAJU CHELLAM IF you think the uptick in the global economy is just limited to consumer electronics, think again. The corporate world
      752 words
    • <what’s up>
      • Article
        Lock icon ESET opens Asia-Pac HQ in S’pore
        35 31 IT security company ESET has opened its Asia-Pacific headquarters in Singapore. The company is headquartered in Slovakia and has operations in San Diego, with a network of distributors globally.
        35 words
      • Article
        Lock icon Expanded team for Microsoft Advertising
        71 31 MICROSOFT Advertising has appointed new members to its Asia-Pacific team. Richard Dunmall is the new vice president for Greater Asia-Pacific and Americas, covering Asia-Pacific, Latin America and Canada. Todd Paris has been appointed general manager and specialist sales lead, with Kerry McCabe the general manager
        71 words
      • Article
        Lock icon New snapshooters from Canon
        53 31 CANON has released two new consumer cameras under its PowerShot line, the S95 and SX130 IS. The S95 is capable of recording movies in high definition and packs a high-sensitivity sensor for smoother night shots. The SX130 IS is a 12.1 megapixel point-and-shoot with HD movie
        53 words
      • Article
        Lock icon Large data centres get new NEC tool
        61 31  -  Compiled by VICTORIA HO NEC launched a new system performance automation software to the region, called the MasterScope Invariant Analyzer. It is touted to recognise system failure and help manage trouble-shooting for large-scale data centres. NEC has projected sales of the product to
        61 words
    • Article, Illustration
      Lock icon New technology expected to spur smart card use: Frost
      898 31  -  NFC-enabled mobile handsets likely from next year By AMIT ROY CHOUDHURY SINGAPORE is expected to see a healthy growth in the number of transactions taking place by means of contactless smart cards, especially with the advance of NFC (Near Field Communication)
      898 words
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      450 30 A Special Feature Brought To You By EMC EMC Guarantees 20% Capacity Advantage for its Unified Storage Systems i2 J® where information lives® EMC Life's Simple when You are Efficient. GUARANTEED. EMC Introduces New Levels of Storage Efficiency and Simplicity in Midrange Storage In line with EMC's vision to free
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      28 31 8* -S- Lianhe Zaobao Shaken by cooing measures S-chips in properly k sector change development strategy /In. lis jjtl "S" To subscribe, call 6388-3838 or go to sphsubscription.com.sg
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      94 32 (©MARKETS get thinking FX/CFD trading Trade EUR/USD from 1 pip and no re-quotes. I "Or &T S l £g. 7 */k G /V 8 9 8l, &lt;?S %tSao'1 h Standard and mini contracts on the same tight spreads. Automatic rebates for high-volume traders. World's No. 1 CFD provider. Start FX
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