The Business Times, 27 September 2010

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Microfilm: NL30886
Total Pages: 34
1 34 The Business Times
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  • Title Section
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    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, September 27,
    22 words
  • Article, Illustration
    Lock icon Ferrari's Alonso wins a thriller
    730 1  -  He swings into second place in the driver’s championship, behind Red Bull’s Webber By SAMUEL EE [SINGAPORE] Ferrari’s Fernando Alonso led from start to finish to win a thrilling victory at the 2010 Formula One SingTel Singapore Grand Prix last night, in dry conditions unlike
    AFP, ARTHUR LEE  -  730 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 3,092.68 +16.31 KL COMP 1,451.19 -15.78 NIKKEI 225 9,471.67 -154.42 HANG SENG 22,119.43 +148.57 SET INDEX 951.90 +28.33 JAKARTA COMP 3,397.63 +12.98
    157 words
  • Article
    Lock icon Review port deal with PSA: Pakistan’s navy chief
    430 1 Pakistan may give Gwadar port contract to China Reuters [ISLAMABAD] Pakistan should review a deal with the Port of Singapore Authority (PSA) to run a strategic shipping port, said Pakistan’s navy chief, amid speculation that the contract may go to key ally
    Reuters  -  430 words
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      198 1 DINING OUT Time to up the ante BizIT SMBs in S'pore take to the Cloud VIEWS FROM THE TOP Growth through innovation PAGES 12 13 PAGE 28 WALL STREET INSIGHT Market eyeing 1,200 for S&P 500 PAGE 19 PAGE 22 8 *****1 *****4 Rnaly, a navigation system without that amoving
      198 words
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      11 1 Continuing to host F1 rests on cost-benefit analysis: Iswaran, Page 4
      11 words
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  • TOP STORIES
    • Article
      Lock icon THREE-MINUTE DIGEST
      568 2 Ferrari’s Alonso wins a thriller FERRARI’S Fernando Alonso led from start to finish to win a thrilling victory at the 2010 Formula 1 SingTel Singapore Grand Prix last night, in dry conditions. This was Alonso’s second consecutive win after the Italian Grand Prix a fortnight ago. FRONT PAGE
      568 words
    • Article, Illustration
      Lock icon Hopes surge of US firms putting cash pile to work
      878 2  -  Major acquisition moves by IBM, J&J ignite talk of M&A activity resuming By ANDREW MARKS in New York THE announcement of two new corporate acquisitions by major American companies in the past few days has ignited hopes on Wall Street
      AFP  -  878 words
    • Article, Illustration
      Lock icon Asia not ready to be commo pricing centre
      954 4  -  LME exec says it’s not only about consumption but production as well By JAMIE LEE [SINGAPORE] Asia’s rising consumption for metals is not enough for the region to become the new price discovery centre for commodities, a senior executive from the London
      BLOOMBERG  -  954 words
    • Article, Illustration
      Lock icon Continuing to host F1 rests on cost-benefit analysis: Iswaran
      592 4  -  By NISHA RAMCHANDANI [SINGAPORE] A detailed review of the costs and benefits of hosting the Formula One (F1) race will have to be conducted before any decision can be made as to whether Singapore should remain a hosting venue beyond 2012.
      AP  -  592 words
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      105 3 s. *»>•' ■P 4 f-% ffl; a B 1 M MB 'V 0 f: ■wto<v% t f.v* S*f i *J. 1 -jr »f"!' t •I V ■I <8 It t Brat ?3 u« tt. r n fli v.? m Sf n 4» ft >£ y EI iK-r.r. <:.' mm -3-V
      105 words
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      174 4 Aalto University Executive MBA Innovative Strategies Inspiring Leadership Singapore South Korea Taiwan Finland Poland Helsinki School of Economics is now Aalto University, Finland's largest and leading institution. Aalto University is an innovative merger of Helsinki School of Economics, Helsinki University of Technology and the University of Arts Design, Helsinki where
      174 words
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      30 5 SpecialTime Deposit Rates 100-day (p.a.) 188-day (p.a.) 365-day (p.a.) AUD250,000 to AUD1,000,000 5.00% 5.25% 5.45% Deposit Amount AUD100,000 to AUD249,999 4.88% 5.00% 5.30% AUD50,000 to AUD99,999 4.50% 4.88% 5.00% anz.com/singapore
      30 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Window-dressing or false market – any difference?
      698 6  - Window-dressing or false market any difference? STOCKS R SIVANITHY Senior Correspondent AS THE week ahead draws to a close, traders would probably be on the lookout for end of Q3 “win-dow-dressing” of the Straits Times Index. In the simplest terms possible, window-dressing refers to a push on the big blue
      698 words
    • Article
      Lock icon Natural gas: Stable now, but what lies ahead?
      498 6  -  COMMODITY WATCH By BOB BIOLSI Bob Biolsi is director, research product development, CME THE CME Group natural gas futures contract is considered a benchmark for natural gas pricing in the US. It is based on the Henry Hub pipeline in southern Louisiana.
      498 words
    • Article
      Lock icon Asian units gain, led by rupee
      426 6 CURRENCIES Bloomberg [SINGAPORE] Asian currencies climbed last week, led by India’s rupee, as global funds pumped more money into the region’s developing nations to profit from the world’s fastest economic growth. Funds investing in Asia excluding Japan equities took in the biggest amount in
      Bloomberg  -  426 words
    • Article
      Lock icon RISES
      114 6 BY CENTS CLOSE UP DBXT AUDMM 5US$ *****1163.8 5.1 DBXT Nifty 10US$ ***** 623.7 3.6 DBXT AUDMM 5SG$ ***** 456.0 1.9 DBXT E50 10US$ 3981 404.7 8.3 DBXT MSEurope 10US$ 4248 282.7 5.3 GLD 10US$ ***** 195.1 1.2 DBXT USDIGInfl 5US$ ***** 153.9 0.5 DBXT iBoxxKR 5US$ ***** 116.8
      114 words
    • Article
      Lock icon FALLS
      117 6 BY CENTS CLOSE DOWN DBXT AUD Bonds 5AU$ *****-296.0 -1.5 DBXT FTVietnam 10US$ 3675-136.7 -2.7 JMH 4538 -42.5 -0.7 Great Eastern 1560 -42.0 -2.6 Pru 500US$ 950 -41.1 -3.2 UOB.ES.1009 1846 -24.0 -1.3 Wilmar 617 -21.0 -3.3 CDL HTrust 204 -20.0 -8.9 OmegaNav 188 -19.0 -9.2 Lyxor LatinAmerica 1
      117 words
    • Article
      Lock icon BROKERS’ RECOMMENDATIONS
      1468 6 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 2.80 2.44 10 10.75 10.88 1.28 1.17 ARA Asset Mgt 1.75 1.75 4 7.33 15.70 1.28 1.15 Armstrong Ind Corp 1.00 1.00 3 4.95 9.19
      1,468 words
    • Article
      Lock icon CURRENCIES
      83 6 Sep 24 CHNG YR 2010 CLOSE FR Sep 23 S$ LOW S$ HIGH US$ 1.3263 0.11 1.4219 1.3263@ Euro 1.7738 -0.13 2.0153 1.6886 Pounds 2.0806 -0.29 2.2831 2.0003 A$ 1.2654 -0.36 1.2960 1.1515 Yen* 1.5680 0.18 1.6080 1.4467 Rupiah* 0.***** 0.07 0.*****0.*****@ Baht* 4.3193 0.11 4.3611 4.1977 Peso* 3.0125
      83 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 6 WEEKLY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      66 6 Sep 24 VALUE CLOSE BT OB/OS 551.00 -79.00 BT CADI -*****.00 +16.00 BT 10-day MA -*****.00 +55.00 FTSE ST Mid Cap 770.15 +0.52 FTSE ST Small Cap 579.77 +2.58 FTSE ST All Share 766.32 +2.14 FTSE ST China Top 285.00 -1.13 FTSE ST China 317.86 -1.63 FTSE
      66 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      58 6 VOLUME Genting SP 739,858,000 *Genting HK US$ 668,449,000 JES 578,360,000 GMG Global 442,827,000 DMX Tech 299,513,000 ChinaNTown 297,486,000 UMS 250,234,000 UniFiber 238,583,000 Transcu Grp 221,365,000 BerlianLaju 216,981,000 VALUE($) Genting SP 1,552,718,140 *Genting HK US$ 462,912,657 Noble Grp 413,011,000 Cosco Corp 334,990,210 UOB 291,146,787 SGX 268,289,407 DBS Grp
      58 words
    • Article, Illustration
      Lock icon All but one of our portfolios gain ground
      1422 8  -  TEH HOOI LING Senior Correspondent IT WAS another good week for stocks last week, with all but one of our portfolios gaining ground. On average, our portfolios advanced by 1.9 per cent. The lowest forward price-earnings portfolio is the outperformer last week,
      1,422 words
    • Article
      Lock icon Directors go on selling spree while buying stays flat
      1630 8  -  Though selling activity is up, the value of disposals is lower than the previous week’s INSIDE MARKETS By ROBERT HALILI The writer is managing director, Asia Insider Limited THE buying was flat while the selling among directors rose last week, going
      1,630 words
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      85 6 Phillip Futures Brirraing Global Markets Closer to You M Phillip Futures Global MarkeTs Brought to you by PhiISp Futures Pta Ltd (A member of PhillipCapital) Bringing you 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
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon SIAS to firms: make public your stand on corporate governance
      673 7  -  37 companies have so far backed statement on good governance By FELDA CHAY TO hammer home the importance of good corporate governance, the Securities Investors Association (Singapore) is calling on listed companies here to make a public statement. The move
      FILE PHOTO  -  673 words
    • Article, Illustration
      Lock icon Tianjin Eco-City to fuel Keppel’s China ambitions
      363 7  -  Project will benefit from location in third hot growth region By JOYCE HOOI KEPPEL Corporation expects “good returns” from its Tianjin Eco-City project which will play a pivotal role in the company’s strategy to extend its reach in China, says Keppel chairman Lee
      363 words
    • Article
      Lock icon Winds of change in corporate governance
      1290 9  -  Changes made in the Codes of the UK and Australia provide an inkling of what may be debated here in an impending review UNTICKING THE BOX By ADRIAN CHAN The writer is vice-chairman of the Singapore Institute of Directors CHANGES to the corporate governance
      1,290 words
    • Article
      Lock icon COMPANY MEETINGS
      165 9 COMPANY MEETING PLACE DATE TIME STATS ChipPAC E Orchid Country Club, 1 Orchid Club Road, Emerald Suite, Golf Club House, Level 2, Singapore *****2 27-Sep 2.00pm Junma Tyre E Conference Room, Junma Building, Zhenxing Road, Chenghang, Yangshe Town, Zhangjiagang City, Jiangsu Province, The People’s Republic of China 27-Sep
      165 words
    • Article
      Lock icon PRIME LENDING RATES
      403 9 Sep 24 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
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      704 7 sk, 'A V J Singapore Airlines Bonds offer a fixed interest rate of 2.15% p.a. 1 Apply at anly DBS Bank (including POSB), OCBC Bank or UOB Group ATM from now until 12.00 noon on 28 September 2010. Applications through ATMs will be subject to balloting if total applications exceed
      704 words
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      508 9 r 2 V f h J /M 1 t i Open yourself to a life without boundaries with 0.5% p.a. bonus interest on your savings". 24°N Mexico City, Mexico Enjoy 0.5% p.a. bonus interest on your savings for 6 months*. Top-up minimum S$25,000 in fresh funds from now till 30
      508 words
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  • SINGAPORE NEWS
    • Article
      Lock icon Oil trading remains sluggish in Q3
      464 10  -  Traders holding back as they adopt wait-and-see stance in lacklustre market By RONNIE LIM OIL trading activity in Singapore stayed sluggish in the third quarter, with most traders holding off as opportunities to make money remained few and far between. “The market here is
      464 words
    • Article
      Lock icon DIVIDENDS ANNOUNCED
      818 10 Payment Ex Books Pay Ann (cts) date close date date ABR Hldgs aw 1.000 08-Sep 13-Sep 29-Sep 23-Aug Armstrong Ind aw 2.000 09-Sep 14-Sep 30-Sep 13-Aug Ascott R Trust cf 17-Sep 21-Sep 14-Sep ASL Marine ak 3.000 27-Oct 29-Oct 10-Nov 19-Aug AusGroup ak 0.640 20-Oct 22-Oct 12-Nov 24-Aug
      818 words
    • Article, Illustration
      Lock icon Ties that bind
      885 10  -  Relationships with customers, employees and among the family members at the helm keep Cyclect going from strength to strength since its founding in 1943 By NEIL FOO, EUNICE TAN, TAN WEI LIN The writers are students ofNUS Business School “GOOD fortune is what happens when opportunity meets
      FILE PHOTO  -  885 words
    • Article
      Lock icon DB Platinum
      16 10 Branchen Stars R1C-A EUR db X-MACROTrading Index Fund I4D GBP 20/09/10 127,92 16/09/10 98,58
      16 words
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      Lock icon DB Platinum II
      11 10 FX Select Guaranteed Fund R1D 20/09/10 100,95 USD
      11 words
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      Lock icon DB Platinum IV
      29 10 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 16/09/10 10,47 16/09/10 9,97
      29 words
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      176 10 Are You Struggling To Earn $8,000 A Month? Do You Want To Start A Profitable Business in Singapore and 16 Countries Worldwide? Booming Business "Started in United States Expanded to Australia, Canada, Mexico, Hawaii, India., k Dr Sobey launched Camp Invention, which now has more than 40,000 kids in 850
      176 words
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      147 10 CATS Recruit The first step on your ladder to success CLA/AUG06/g PERMANENT RESIDENCY IN THE USA FOR FOREIGN INVESTORS CALIFORNIA IMMIGRATION SERVICE CENTER (CAISC) CAISC enables clients of all nationalities obtain permanent residency (Green Card) in the USA through the United States EB-5 investor program. This program has been created
      147 words
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      210 10 Celebrating Singapore´s Enterprising Spirit 2010 This series is part of the Enterprise 50 Educational Project between the E50 partners and the NUS Business School. Cyclect was among the E50 winners in 2009. The annual E50 ranking is co-organised by The Business Times and KPMG, sponsored by OCBC Bank, and supported
      210 words
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  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • Article, Illustration
      Lock icon Adventures in the ‘toy department’
      922 11  -  Covering the Youth Olympic Games last month wasn’t child’s play, reports BHAVAN JAIPRAGAS CAMPUS LIFE BHAVAN JAIPRAGAS The writer was a columnist and sports reporter with the Young Olympian Daily last month A FEW months ago, I read a trivia piece about sports journalism that
      NG JUN SEN  -  922 words
    • Article, Illustration
      Lock icon Thinking inside the box
      1102 11  -  There’s always a box. The challenge is maintaining focus on what’s in it and making sure those things are of fundamental importance to the organisation, says SCOTT MILLIGAN SCOTT MILLIGAN The writer is a business programs consultant for Disney Institute, which is conducting a workshop on
      STOCK.XCHNG  -  1,102 words
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      271 11 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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  • VIEWS FROM THE TOP
    • Article, Illustration
      Lock icon Growth through innovation
      3593 12 THIS WEEK’S TOPIC: Which areas in Singapore’s business and social sectors are likely to benefit most from increased research, development and innovation? What specific R&D projects and innovative initiatives would you like to see implemented over the next five years? Kelly Tan Vice-President and Managing Director HP
      STOCKXCHNG  -  3,593 words
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      170 13 When it comes to privileges, leaders set the standard. The Mercedes-Benz S-Class. Now with additional privileges and concierge service. REMARKABLE DRjVE 2010 Enhanced savings of up to $44,608 At Mercedes-Benz, we have greatly improved your Maintenance privilege to enhance your driving experience. You can now enjoy the luxurious pleasure of
      170 words
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      11 13 For the complete list of views from CEOs, go to http://businesstimes.com.sg
      11 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon BOJ ready to act further if needed
      581 14 Its governor defends central bank law, for it promotes price stability in long term Bloomberg [TOKYO] Bank of Japan governor Masaaki Shirakawa said yesterday that the central bank was closely watching the effect on the economy of the yen’s appreciation, and is prepared
      Bloomberg  -  581 words
    • Article, Illustration
      Lock icon US job loss looms as stimulus expires
      759 14 Congress urged to extend ‘New Deal’ programme NYT [NEW YORK] Tens of thousands of Americans will lose their jobs within weeks unless Congress extends one of the more effective job-creating programmes in the US$787 billion stimulus act: a US$1 billion New Deal-style programme
      NYT; AFP  -  759 words
    • Article
      Lock icon Bernanke hopeful of speedier economic recovery
      681 14 Fed’s aggressive policy response should ensure that Reuters [PRINCETON, New Jersey] Federal Reserve chairman Ben Bernanke said it was unclear whether the US economy would be relegated to the type of slow recovery that typically follows a financial crisis. Mr Bernanke said the US
      Reuters  -  681 words
    • Article
      Lock icon Foreign investors bet US$14b on real rising
      579 14 Bloomberg [NEW YORK] Brazilian Finance Minister Guido Mantega’s failure to stem a currency rally spurred by Petroleo Brasileiro SA’s US$70 billion share sale is leading international investors to make a US$14 billion wager on the real. Foreigners made 284,967 more bets on the
      Bloomberg  -  579 words
    • Article
      Lock icon Basel III reforms spur banks to go back to basics, say analysts
      550 14 AFP [GENEVA] New Basel III bank capital rules encourage a back-to-basics approach for banking and could therefore see those in major emerging countries benefit most from the reform, analysts said. “The new rules will force banks to go
      AFP  -  550 words
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  • INDIA/GREATER CHINA
    • Article, Illustration
      Lock icon Organisers scramble with Games just a week ahead
      525 15 Massive clean-up ops greet national teams arriving at athletes’ village AFP [NEW DELHI] Organisers of the Commonwealth Games scrambled to finish facilities and reassure athletes yesterday amid warnings much work still had to be done in New Delhi just a week before
      AFP  -  525 words
    • Article
      Lock icon Kashmir policy shift announcement draws mixed views
      448 15 NYT [NEW DELHI] The Indian government announced a major policy shift in Kashmir on Saturday, calling for the release of jailed student protesters, easing security strictures in major cities, reopening schools and universities, and offering financial compensation to the families of the more
      NYT  -  448 words
    • Article
      Lock icon Beijing raises duties on chicken parts from the US
      388 15 Reuters [BEIJING] China’s Ministry of Commerce has upheld heavy duties on imports of chicken parts from the United States, standing tough on a long-running dispute over mutual market access. The ministry raised the minimum level of antidumping duties that it first
      Reuters  -  388 words
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      181 15 Every Success Needs A Catalyst Elevate your career with CPA Singapore. Teo Ser Luck Fellow Certified Public Accountant Singapore Adviser, Institute of Certified Public Accountants of Singapore Senior Parliamentary Secretary for Ministry of Community Development, Youth and Sports, and Ministry of Transport Mayor, North East District Chairman, National Youth Council
      181 words
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  • GREATER CHINA
    • Article, Illustration
      Lock icon Corporate showdown tomorrow at GOME
      577 16 Shareholders will vote on jailed founder’s proposal to oust chairman AFP [HONG KONG] China’s GOME will take centre stage this week in a bizarre corporate showdown pitting a jailed billionaire tycoon against executives of the country’s biggest household appliance chain. From his prison cell, the
      AFP; FILE PHOTO  -  577 words
    • Article
      Lock icon China allows banks to sell loans to each other
      390 16 Reuters [BEIJING] China has started allowing banks to sell loans to each other, an important step towards giving market forces bigger sway in the country’s financial system, the central bank said on Saturday. Interbank loan transfers will help lenders keep a
      Reuters  -  390 words
    • Article, Illustration
      Lock icon REMEMBERING GLORIOUS DAYS OF YORE
      70 16 [LUOYANG, China] Actors performing a re-enactment of a historical scene, in which Empress Wu Zetian a powerful ruler in Chinese history cruises the Luohe River, at the Longmen Grottoes scenic spot here in central China’s Henan Province last Saturday. The performance was part of activities
      Xinhua photo  -  70 words
    • Article
      Lock icon Russian president arrives in China for bilateral talks
      447 16 Visit will include signing of energy, other agreements AP AFP [BEIJING] Russian President Dmitry Medvedev arrived in China yesterday for talks with leaders, amid growing energy cooperation between the neighbours. The Russian leader arrived in the northeastern port city of Dalian and
      AP; AFP  -  447 words
    • Article
      Lock icon Helping hand for Tianjin women entrepreneurs
      688 16 Microfinancing unit lends to thousands of laid-off women AFP [TIANJIN] After losing her job in the Chinese telecommunications industry five years ago, Zhao Weimin decided to start a business selling children’s gifts in the northern port city of Tianjin. Lacking money and experience, Ms
      AFP  -  688 words
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      140 16 Pulses October issue OUT NOW! Green technology: The next big thing or merely the latest investment bandwagon? United Envirotech profits from China’s water woes. Is the recent tightening by central banks in Asia a sign that growth will continue? Learn how to avoid negative psychological traits that can trip up
      140 words
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon Better palm oil yields seen next year
      485 17 M’sian association expects little output change this year Bloomberg [MUMBAI] Palm oil output in Malaysia, the world’s sec-ond-biggest producer, may exceed 18 million tonnes next year as adequate rains improve yields, according to the country’s trade group. Production of the tropical commodity may
      Bloomberg; REUTERS  -  485 words
    • Article
      Lock icon BURSA MALAYSIA
      1998 17 Source: Thomson Reuters VOL Sep 24 RM +/-(‘000) A M Realty 0.47 unch 52 Abric Bhd 0.24 unch 0 Advance Synerg 0.16 0.02 ***** Adventa Bhd 2.42 0.04 238 Ae Multi Hldgs 0.34 0.01 1274 Affin Holdings 3.10 -0.02 934 Ahmad Zaki Res 0.83 -0.01 52 Aic Corp
      Source: Thomson Reuters  -  1,998 words
    • Article
      Lock icon Indonesian firms in US$1.2b merger deal
      209 17 Reuters [JAKARTA] PT Tri Polyta Indonesia, the country’s largest manufacturer of polypropylene resins, said on Saturday it will acquire petrochemical firm PT Chandra Asri in a share-swap deal worth about US$1.2 billion. The combined companies, both of which are controlled by Indonesian tycoon Prajogo
      Reuters  -  209 words
    • Article, Illustration
      Lock icon Country’s big plans are feasible
      689 17  -  The remaining issue is to sell the idea to a tough audience Malaysians MALAYSIA INSIGHT S JAYASANKARAN KL Correspondent ‘MALAYSIAh a s n o time to lose. We n ee d a complete, radicaleconomic transformation. The days of depending on traditional growth engines are over.”
      689 words
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      208 17 SWISSCO HOLDINGS LIMITED (Incorporated in the Republic of Singapore) Company Registration No: *****4711D Change of name from C2O Holdings Limited to Swissco Holdings Limited The Board of Directors of the Company wishes to announce that with effect from Thursday, 23 September 2010, the Company’s name has been changed to “Swissco
      208 words
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  • ASIA-PACIFIC/WORLD
    • Article, Illustration
      Lock icon US credit card debt falling – but why?
      726 18 US credit card debt falling but why? Economists debate whether the credit goes to consumers or banks NYT [NEW YORK] The substantial drop in credit card debt in the US since early 2009 has been widely attributed to newly frugal consumers. But analysts say that a significant portion of the
      NYT; BLOOMBERG  -  726 words
    • Article, Illustration
      Lock icon Asians muscling into social media world
      630 18 AFP [SINGAPORE] Asians are muscling their way into traditionally Western-dominat-ed social media networks such as Facebook, Twitter and Internet blogs, prompting major players to sit up and take notice. With more than 220 million bloggers in China alone and nearly three out of five
      AFP  -  630 words
    • Article
      Lock icon Gillard moves into PM’s official residence
      574 18 But her deal with Opposition leader is in jeopardy AFP [SYDNEY] Australian leader Julia Gillard moved into the prime minister’s official residence yesterday, but a political standoff threatened to derail her fragile rule just two days before Parliament was due to begin. Ms Gillard,
      AFP  -  574 words
    • Article
      Lock icon Manila warns people of continuing flood risk
      256 18 AFP [MANILA] Government officials yesterday urged the public to stay alert to the dangers of natural disasters as Manila remembered the 464 people killed in the worst floods to hit the capital in a generation. Tropical Storm Ketsana unleashed a month’s worth of
      AFP  -  256 words
    • Article
      Lock icon New Labour leader says he won’t be ‘Red Ed’
      495 18 Ed Miliband insists he won’t force his party toward the political left-wing AP [LONDON] Britain’s newly appointed opposition leader Ed Miliband insisted yesterday he won’t force his Labour Party toward the political left-wing after he harnessed the support of leftist labour
      AP  -  495 words
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  • WORLD
    • Article, Illustration
      Lock icon Euro could be forced higher as US, Japan act
      593 19 Currency gets a lift from Japan’s yen selling, Fed’s hint at pumping more cash AFP [NEW YORK] With the United States perhaps ready to print more dollars to underpin growth and Japan selling yen to protect its exports, is the euro
      AFP; BLOOMBERG  -  593 words
    • Article
      Lock icon Premium video-on-demand set to spark movie business war
      826 19 Theatre owners up in arms over threat to their takings NYT [LOS ANGELES] Sometime in the next few months, there is likely to be an explosion in the movie business in the United States. The question is which studio will detonate the
      NYT  -  826 words
    • Article, Illustration
      Lock icon Italian fashion houses see 2011 as key test for recovery
      479 19 Reuters [MILAN] The luxury industry will see whether a full recovery is under way only in 2011, Italian fashion representatives said last week, with one predicting global sales could double in the next 10 years helped by emerging countries. Italian
      Reuters; BLOOMBERG  -  479 words
    • Article
      Lock icon Rally has market eyeing 1,200 for the S&P 500
      867 19  -  Recent data points to a more sanguine outlook for Q4 WALL STREET INSIGHT By ANDREW MARKS in New York THE US stock market finally broke through its summer of range-bound trading last week, surmounting the 1,130 barrier that has been the
      867 words
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      Lock icon German unity a success after rocky start: Merkel
      286 19 Reuters [BERLIN] Chancellor Angela Merkel says German unification has been for the most part a success in the past 20 years even though there are major gaps between the east and west. Ms Merkel, who was raised in communist East Germany, said
      Reuters  -  286 words
    • Article
      Lock icon Iran’s atomic agency says it is battling a sophisticated virus
      633 20 Plenty of suspicions, and questions, about origins and target of Stuxnet ‘worm’ NYT [WASHINGTON] The government agency that runs Iran’s nuclear facilities has reported that it is battling a sophisticated computer virus that has infected industrial plants across Iran. The
      NYT  -  633 words
    • Article, Illustration
      Lock icon Sale of Lehman artworks raises US$12.3m at auction
      396 20 Reuters [NEW YORK] An auction of fine art from the Lehman Brothers collection took in US$12.3 million, beating expectations but barely denting the billions owed from the financial group’s 2008 bankruptcy, the biggest in US history. One work, an untitled 2001 piece
      Reuters; AP  -  396 words
    • Article
      Lock icon AIG expects AIA profit to top US$2b
      415 20 New premiums of Asian unit up 5% in 9 months to Aug Bloomberg [WASHINGTON] American International Group Inc said the Asian unit it’s going to list in Hong Kong will probably boost pre-tax operating profit to at least US$2 billion for the fiscal
      Bloomberg  -  415 words
    • Article
      Lock icon EU to drop Apple probes after firm’s policy changes
      226 20 Reuters [BRUSSELS] EU antitrust regulators will scrap two investigations into Apple Inc’s iPhone after the company allowed cross-border repair services and eased restrictions on applications for its popular smartphone. The European Commission, the watchdog across the 27-country European Union, announced its
      Reuters  -  226 words
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      Lock icon Citi gives pay increases to top execs in stock
      846 20 It’s trying to keep bankers from jumping ship to any of its rivals on Wall Street AP [NEW YORK] Citigroup, still partly owned by the government after a rescue during the financial meltdown, is giving pay increases to top executives that
      AP; BLOOMBERG  -  846 words
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  • AVIATION/SHIPPING
    • Article, Illustration
      Lock icon UP, UP AND AWAY
      32 21 [LAIWU, China] Balloons rising during the 2010 China International Sport Airshow here in eastern China’s Shandong Province when the event kicked off last Saturday afternoon. Xinhua photo XINHUA
      XINHUA  -  32 words
    • Article
      Lock icon Precision, TransDigm bidding for McKechnie
      342 21 Bloomberg [NEW YORK] Precision Castparts Corp and TransDigm Group Inc are bidding for rival aircraft component maker McKechnie Aerospace, which may fetch more than US$1 billion, said people with knowledge of the discussions last Friday. Precision and TransDigm are among the companies that submitted offers
      Bloomberg  -  342 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      3005 21 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
      3,005 words
    • Article
      Lock icon Curbs on Koito aircraft seats trouble carriers
      758 21 Safety checks seen costing US airlines alone US$875,000 Reuters [PARIS] Airlines are fretting over the cost of carrying out checks on more than 100,000 potentially faulty passenger seats after safety authorities proposed a clampdown in the wake of a manufacturer testing row. The
      Reuters  -  758 words
    • Article
      Lock icon Aussie coal ports shut down by environment activists
      323 21 Reuters [SYDNEY] Australian environment activists closed down operations at the world’s largest coal port yesterday, after entering three terminals and attaching themselves to loaders, the terminal operator and the protesters said. The action by climate change group Rising Tide in Newcastle stopped
      Reuters  -  323 words
  • Page 21 Miscellaneous
    • Miscellaneous
      Lock icon Page 21 Miscellaneous Column 1
      281 21 CRYPTIC CROSSWORD Across 1 Here, let’s try a new treatment? (6,6) 8 Left University clear and bright (5) 9 Old Spice Girl with three hits, say (9) 11 One academic holding droppings identifies dinosaur (9) 12 Temper, losing head regularly (5) 13 Drink something explosive outside empty pub (9) 16
      281 words
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  • DINING OUT
    • Article, Illustration
      Lock icon Time to up the ante
      1053 22  -  By Jaime Ee NEW RESTAURANT Iggy’s The Hilton Level 3 581 Orchard Road Tel: 6732-2234 www.iggys.com.sg IN A class on “How to Succeed in the Restaurant Business”, Iggy’s would make a classic textbook case study of how personality, media hype and public perception can be
      PHOTOS BY JOHN HENG  -  1,053 words
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      92 22 HRSTViUtl lt»eM ls www.radio9l3.com www.omy.sg hHO, i m Report Book Rp Pof+ Book i v/ >/ 13 CttfOft O o httpy/news.omy.sg WINE DINE AND HOSPITALITY located at Level 4 r./ Food for your soul Zenden's creative menu and contemporary cuisine is inspired by the arts memorable, provocative, always inventive. Feed
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      65 22 Reach Serious Gourmets In This Targeted Space Enjoy special advertisement rates his 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 Alisa Tan Jeffrey Nah Alfred Lee 6319 2045 *****480 6319
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      9442 23 Week ended: Sep 24 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 21 13 3148 8Telecom 20 unch 4245 20.5 19.5 19.5 20 1.7 9.1 6.4 95.8 12 5 5834 A-Sonic
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    • Article
      Lock icon SGX CATALIST
      2057 24 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 $mil 9 4 1181 t AA Grp 4 -0.5 220 4.5 4 4 5 22.2 3.9 225 130 6222 t APStrategic 170 +9
      2,057 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      117 24 Stock name Close Change CapMallsAsia 2.190 -0.020 CapitaLand 4.050 CapitaMall 2.050 -0.010 CityDev 12.100 +0.200 ComfortDelGro 1.550 +0.020 DBS Grp 14.080 +0.120 F&N 6.200 +0.080 Genting SP 2.010 -0.060 Golden Agri 0.580 +0.005 HK Land 6.010 -0.050 Stock name Close Change JMH 45.380 +0.060 JSH 26.580
      117 words
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      Lock icon STOCKS ASIA
      2656 24 Transaction date: Sep 24 For a full listing of the closing prices, log on to BT online at http://business-times.asia1.com.sg after 11.30pm every trading day HONG KONG Vol HK$ +/-'000 Aeon Credit 7.12 unch 0 Aeon Stores 15.80 0.30 32 Angang Steel 12.38 -0.14 ***** Anhui Conch 32.90 -0.20
      2,656 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 24 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 8 7 4 0 0 0 8 7 4 Manufacturing 115 56 67 16 12 14 131 68 81 Commerce 41 18 26 7 7 3 48 25 29 Tpt/Stor/Comms 30 8 7
      186 words
    • Article
      Lock icon SGX ETF
      909 24 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 $mil 124 107 6389 ABF SG Bond ETF 123cd +8 181 124 118 114.2 120 561.5 981 755 CIMBAsean40 100US$ US981 +2 1 981 970
      909 words
    • Article
      Lock icon CLOB INTERNATIONAL
      82 24 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 $mil 56 36.5 6000 AVJennings A50 +1 40 50.5 47.5 49.5 50.5 3.6 7 4 130.2 55 16 6017 Genting HK US$ US48.5 -3.5 *****9
      82 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      123 24 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 167,156 167,156 228,476 228,476 Manufacturing 3,912,810 209,325 4,122,135 1,907,898 20,302 1,928,200 Commerce 622,773 402,156 1,024,929 772,521 74,529 847,050 Tpt/Stor/Comms 972,248 58,426 1,030,674 1,118,595 8,972 1,127,567 Finance 179,580 195 179,775 1,047,756 26 1,047,782 Construction 744,146 54,406
      123 words
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      26 24 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 25 In local curr In S$ In US$ dy yr dy yr dy yr Sep 24 Index Change Change Change Change Change Change World Index Preliminary 835.9 1.2 0.4 1.2 -4.8 1.5 1.1 EAFE Preliminary 768.1 0.6 -2.1 1.0 -6.8 1.3 -1.0 Europe Preliminary 1128.8 1.4
      374 words
    • Article
      Lock icon INTERBANK RATES
      180 25 Sep 24 $S Offer Bid 0vernight 0.05 0.03 1-month 3/8 1/8 2-months 7/16 3/16 3-months 9/16 5/16 Overnight mode: 0.08 US$ Offer Bid 7 days 0.35 0.25 1 month 0.48 0.28 2 months 0.50 0.30 3 months 0.53 0.33 6 months 0.65 0.45 9 months 0.85 0.65 12
      180 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      24 25 Sep 24 S$ Bid Offer 1-month 1.3270 1.3282 2-months 1.3270 1.3283 3-months 1.3270 1.3282 6-months 1.3270 1.3283 Source: OCBC Source: OCBC
      24 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      132 25 Sep 24 As at 9am Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2480 1.2850 Can dollar 1.2760 1.2910 Euro 1.7580 1.7790 NZ dollar 0.9590 0.9800 Sterling pound 2.0700 2.0950 US dollar 1.3200 1.3360 Local dollars to 100 units of foreign
      132 words
    • Article
      Lock icon STOCK INDEX FUTURES
      27 25 Sep 24 Open High Sett STI Sep 3093 SIMSCI Sep 362.3 365.2 364.1 Taiwan Sep 290.3 290.6 288.5 Source: MF Global (S) Pte. Ltd
      27 words
    • Article
      Lock icon PALM OIL
      66 25 Sep 24 KLCE PALM FUTURES (RM/MT) Delivery Opening Last Av Vol Open Month Range Price Price High Low Done Position Oct 10 2737 2742 2753 2737 311 2292 Nov 10 2691 2699 2710 2688 2919 ***** Dec 10 2679 2701 2710 2678 6772 ***** Jan 11 2690 2704
      66 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      419 25 Sep 24 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Dec10 99.6150 0 7841 Mar11 99.5550 0 2762 Jun11 99.4900 0 1871 Sep11 99.4050 0 486 EUROYEN TIBOR FUTURES Dec10 99.6900 99.6925 99.6850 99.6850 0 2270 Mar11 99.7100 0 1516 Jun11 99.7250 0 3150 Sep11 99.7250 99.7250
      419 words
    • Article
      Lock icon SICOM FUTURES
      166 25 Sep 24 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Oct 10 357.7 356.5 357.7 20 250 Nov 10 357.5 387 Dec 10 357.5 558 Jan 11 356.0 356.0 357.5 10 597 Feb 11 356.0 356.0 357.5 10 686
      166 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      90 25 Sep 24 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****X 23.12.2010 0.30 0.26 0.26 1-Year BY*****W 03.05.2011 0.34 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****1E 2.500 01.10.2012 104.18 104.25 104.11 5-Year N*****0N 1.375 01.10.2014 102.94
      90 words
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      Lock icon CHICAGO BOT
      105 25 Sep 24 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Nov 10 1126.00 1093.50 1128.25 1090.00 Jan 11 1135.50 1103.25 1137.50 1099.50 Mar 11 1142.50 1110.75 1143.25 1107.50 May 11 1144.00 1113.50 1145.50 1110.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Oct 10 44.48 43.51 44.56
      105 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      77 25 CRUDE OIL PRODUCTS Sep 23 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 77.99 0.39 WTI (Near Mth) 73.12 0.31 Dubai (1-Mth F) 74.78 -1.37 Tapis blend 83.85 -1.30 Minas 77.15 -1.35 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 73.27 -0.61 Jet Kerosene 87.40 -0.75 US$/barrel Opec Oil
      77 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      2535 25 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Tel Last Vol Conv Exer Disc Gear-Mths Code Company Sale +or-('000) Ratio Price ing Left 4869 A-Sonic Aerospace W*****0 2.5 unch 1074 1 3 -15 2.60 3 6221 Asia-Pacific Strategic W*****6 39 6 11 1 150 11 4.36 44 6227 ASJ Hldgs W*****1 2.5
      2,535 words
    • Article
      Lock icon INTERBANK CROSS RATES
      464 25 Sep 24 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.984 6.391 0.714 7.399 43.349 85.392 0.807 11.027 2.951 1.306 81.983 42.000 1.266 6.750 0.937 30.135 29.320 0.608 0.953 Canada 1.017 6.498
      464 words
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      Lock icon SIBOR
      85 25 Sep 24 (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$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths
      85 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      154 25 Sep 24 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2648 1.2666 0.9531 0.9536 Canadian dollar 1.2860 1.2875 0.9691 0.9694 Euro 1.7719 1.7738 1.3353 1.3355 NZ dollar 0.9678 0.9700 0.7293 0.7303 Sterling pound 2.0811 2.0838 1.5683 1.5689
      154 words
    • Article
      Lock icon PRECIOUS METALS
      138 25 Sep 24 GOLD (US$/oz) Sep 22 Sep 24 Hong Kong 1289.60 1297.10 Sep 24 Sep 23 London 1295.40 1293.25 1295.80 1293.50 Source: Thomson Reuters CAST BAR Sep 24 (S$) Selling Buying Kilobar 59,156.02 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 133 55 5gm 376 276 10gm 672
      138 words
    • Article
      Lock icon LONDON METALS
      71 25 Sep 24 Sep 24 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2286.50 2260.50 3 months 2318.00 2292.00 Copper, Grade A (US$/tonne) Cash 7946.00 7883.00 3 months 7945.00 7885.00 Lead (US$/tonne) Cash 2267.50 2246.50 3 months 2296.00 2275.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne)
      71 words
    • Article
      Lock icon LIFFE
      82 25 Sep 24 COCOA (£/tonne) Close Prev High/Low Dec 10 1883 1879 1905/1875 Mar 11 1900 1897 1920/1893 May 11 1916 1912 1929/1913 Jul 11 1929 1924 1936/1931 COFFEE (US$/tonne) Close Prev High/Low Sep 10 1716 1726 1736/1736 Nov 10 1727 1737 1761/1695 Jan 11 1755 1764 1788/1725 Mar 11
      82 words
    • Article
      Lock icon THE BUSINESS TIMES SHIPPING TIMES
      5677 26 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.
      5,677 words
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  • BizIT
    • Article, Illustration
      Lock icon SMBs in Singapore take to the Cloud
      895 28  -  Pacnet survey shows expected spending of US$138m on Web access, reports AMIT ROY CHOUDHURY AMIT ROY CHOUDHURY SINGAPORE’S small and medium-size businesses (SMBs) are increasingly using hosted applications and there’s a growing sophistication in their planned hosted application usage. This was revealed by
      895 words
    • Article
      Lock icon NEC Asia Pacific sets up regional centre
      329 28  -  It will leverage on expertise in public safety solutions By AMIT ROY CHOUDHURY JAPANESE giant NEC Corporation’s Asia Pacific arm, NEC Asia Pacific, has set up a regional competency centre for public safety solutions in Singapore to support business in the region. Called
      329 words
    • BizIT FOCUS: INNOVATION
      • Article, Illustration
        Lock icon Breaking through the gridlock
        2853 29  -  Innovation has acquired a new sense of urgency with the ‘consumerisation of IT’, and automation may be a good way to usher it in, writes AMIT ROY CHOUDHURY AMIT ROY CHOUDHURY INNOVATE or perish. That’s been the mantra for most companies for a long time. However,
        FILE PHOTO  -  2,853 words
    • Article, Illustration
      Lock icon Email: smart phones’ biz killer app
      644 30  -  Number of business mobile email subscribers to climb to 250m by 2014: IDC By RAJU CHELLAM IF content is king on the open Internet, email is the reigning deity on the mobile platform. And as smartphones continue their blistering growth, secure email has proven
      Source:  -  644 words
    • Article
      Lock icon Security: encryption, tokens may be answer
      864 30  -  This would lead merchants to outsource payment card services <you say> By VINCENT GOH The writer is VP Asia Pacific, RSA, the security division of EMC DESPITE global connectivity, data security practices vary greatly within and between geographies, industry verticals and even among establishments
      864 words
    • Article, Illustration
      Lock icon Business, social interests do mix
      979 31  -  Mozilla recognises that one cannot escape commercial realities even in pursuing a noble goal, reports VICTORIA HO <the BizIT interview> VICTORIA HO WHEN it comes to furthering an ideal, sometimes even non-profits need to embrace business realities. Mitchell Baker, chairperson of the Mozilla Foundation, recognises
      979 words
    • <what’s up>
      • Article, Illustration
        Lock icon New Garmin-Asus smartphone
        32 31 GARMIN and Asus have released their latest GPS-enabled smartphone, the A10. The device runs on Android 2.1 and carries maps from NAVTEQ. It retails at $598 without a contract.
        32 words
      • Article
        Lock icon Cisco appoints chief technology officer
        52 31 CISCO has appointed Alex Zinin as its chief technology officer in charge of its service provider business in Asia-Pacific and Japan. Mr Zinin has been in the IP networking industry for 20 years, and joins Cisco from Alcatel-Lucent, where he was vice-president for IP solutions
        52 words
      • Article
        Lock icon Entrepreneur training course starts Oct 11
        34 31 THE Singapore arm of US-based Founder Institute is starting a round of courses on Oct 11. The centre provides training to technology entrepreneurs. Admissions close on Oct 5.
        34 words
      • Article
        Lock icon China Unicom opens S-E Asian office here
        45 31 CHINA Unicom has opened its South-east Asia office in Singapore. The company will market the three service categories of global data services, voice wholesale and ICT. It will reach out to Singapore, Malaysia and Indonesia from the premises.
        45 words
      • Article
        Lock icon Tan Yen Yen continues as SiTF chairman
        38 31 TAN Yen Yen has been re-appointed chairman of the Singapore infocomm Technology Federation (SiTF) for the third year. Ms Tan is also senior vice president of applications for Asia-Pacific at Oracle.
        38 words
      • Article
        Lock icon 29 new exhibitors to take part in Sitex
        65 31  -  Compiled by VICTORIA HO CONSUMER IT exhibition Sitex will bring 29 new exhibitors on board this year. The event, with total show space of 25,000 square metres across Halls 4, 5 and 6 of the Singapore Expo, will be held on Nov
        65 words
    • Article
      Lock icon Oracle eyes more purchases
      137 31 Bloomberg [SAN FRANCISCO] Oracle Corp, building on a run of more than 65 acquisitions during the past five years, is looking to purchase semiconductor companies and makers of in-dustry-specific software, chief executive officer Larry Ellison said. “You’re going to see us buying chip companies,” Mr Ellison,
      Bloomberg  -  137 words
    • Article, Illustration
      Lock icon Manufacturing to spend US$793m on IT this year
      734 33  -  Its IT market expected to grow 4.7% CAGR over next five years By AMIT ROY CHOUDHURY SINGAPORE’S manufacturing sector will spend US$793 million this year on IT hardware, software and IT services, up slightly from the US$758 million they spent last year.
      Source: IDC Manufacturing Insights, 2010  -  734 words
    • Article, Illustration
      Lock icon Need for SingTel fund to identify market
      632 33  -  Analysts say telco must pick the right players and partners By VICTORIA HO SINGAPORE Telecommunications’ (SingTel) new $200 million venture fund injects a nice bundle into the local start-up scene, but analysts say the telco needs to carefully identify its core playing field
      FILE PHOTO  -  632 words
  • Page 28 Advertisements
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      254 28 Canon Delighting You Always r r@ 1 UOIIP3 o-x* Brilliant Presentations LV8310 •WXGA- 1280x800 pixels 3000 lumens 500:1 contrast ratio 1.2x optical zoom LV7380 •XGA-1024x768 pixels 3000 lumens 500:1 contrast ratio 1.2x optical zoom LV8215 •WXGA- 1280x800 pixels 2600 lumens 450:1 contrast ratio 1.2x optical zoom LV7285 •XGA-1024x768 pixels 2600
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      9 28 YOU SAY Security: encryption, tokens may be answer PAGE
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  • Page 30 Advertisements
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      389 30 *****0 t Global Entrepolis Singapore 6 8 October 2010 Raffles City Convention Centre I =11 Frank Lavin Former U.S. Under Secretary of Commerce for International Trade Dr Fereidun Fesharaki Chairman FACTS Global Energy and jer of the Board Dubai Mercantile Exchange Dang Thanh Tarn Chairman Saigon Invest Group Dorjee Sun
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      650 31 Win a 4D/3N Geta r&lt;J! ]rW—^?r2S;* J ali^WB Log on to in: fi&ii'' ravellers.c^m the ultimate travel resource by SPH Sponsored By: .^Ja^ Content Powered By: reaker rednano.s g Lov Fares Everywhere Singapore's directory search engine MATS Toll free: 1800-289-8822 Email: notices@sph.com.sg NOTICES IN THE MATTER OF THE COMPANIES ACT,
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      Lock icon Page 31 Advertisements Column 2
      296 31 A MITSUBISHI ELECTRIC SECURITY SOLUTIONS for a greener tomorrow JL. RELIABLE SURVEILLANCE Mitsubishi Electric, a world leader in top quality security equipment, now brings you a new range of high-tech IP solutions to complement current usage. Our IP cameras feature full frame rates as well as the latest video analytics,
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      2643 32 ADVERTORIAL Blazing the high-tech trail The Infocomm Development Authority (IDA) together with the Singapore infocomm Technology Federation (SiTF) is running the fifth National Infocomm Awards (NIA). Held every two years, the honour is given to Singapore's infocomm thought leaders who have inspired and led the way to create a vibrant
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      487 33 A Special Feature Brought To You By EMC EMC? where information lives EMC Guarantees 20% Capacity Advantage for its Unified Storage Systems Organizations of all sizes are actively transforming and virtualizing data centers to create a more dynamic and responsive infrastructure with the goal of delivering higher levels of service
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      104 34 MARKETS get thinking FX/CFD trading Trade in SGD to avoid currency exposure. •4 4 EURO I s /x S1 2 20 J HI HK *****529 r r-i m SGD-denominated CFDs available on major indices and commodities. Eliminate your currency exposure when trading assets like gold and oil. Another exclusive from
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