The Business Times, 25 July 2011

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Microfilm: NL31563
Total Pages: 28
1 28 The Business Times
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  • Title Section
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    23 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg Sp!l A SINGAPORE PRESS HOLDINGS PUBLICATION MICA (P) 138/08/2010 CO REGN NO *****2868E Monday, July 25,2011
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  • Article, Illustration
    Lock icon Gazprom deals boost LNG trade from Singapore
    473 1  -  By RONNIE LIM [SINGAPORE] LNG trading ex-Singapore is gaining momentum well before the Singapore LNG terminal on Jurong Island starts up in the second quarter of 2013. Russia’s Gazprom, the world’s largest gas producer, through its Singapore trading office, has just signed its
    BLOOMBERG  -  473 words
  • Article, Illustration
    Lock icon Private banks in S’pore woo ultra rich kids
    978 1  -  Wealth management programmes teach them about trading simulations, family business succession By LYNN KAN, TEH SHI NING [SINGAPORE] PRIVATE banks in Singapore are jostling to capture an emerging class of customers the well-heeled children of their ultra rich Asian clients. The summer
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  • 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 3,182.95 +98.71 KL COMP 1,565.06 -12.19 NIKKEI 225 10,132.11 +157.64 HANG SENG 22,444.80 +569.42 SET INDEX 1,121.04 +41.13 JAKARTA COMP 4,106.82 +83.62
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      50 1 BizIT Asia-Pac grapples with consumerisation of IT PAGE 28 Finding the right CPF balance What key issues should employers, employees and the government consider when reviewing the current cut in CPF contribution rates for workers reaching 50 and 65? CEOs give their views VIEWS FROM THE TOP I PAGE 12
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      13 1 DINING OUT A fine fusion of East and West PAGE 20 *****1 *****4
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      146 1 HOCK LOCK SIEW The pitfalls of economic groupthink PAGE 6 LIVE FOR GREATNESS EVERY ROLEX IS MADE FOR GREATNESS. THE GMT- MASTER, INTRODUCED IN 1955, WAS DEVELOPED IN COLLABORATION WITH PAN AM TO MEET THE NEEDS OF THEIR INTERNATIONAL PILOTS. THE GMT-MASTER II HAS PROVEN TO BE EVEN MORE INVALUABLE
      146 words
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      10 1 SINGAPORE NEWS ITE more renowned overseas than locally PAGE 11
      10 words
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  • TOP STORIES
    • Article
      Lock icon THREE-MINUTE DIGEST
      596 2 Private banks in S’pore woo ultra rich kids PRIVATE banks in Singapore are jostling to capture an emerging class of customers the well-heeled children of their ultra rich Asian clients. The summer months of July and August are busy times for bespoke bankers such as UBS, Credit Suisse
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    • Article, Illustration
      Lock icon Looking for sparks through Dialogue in the Dark
      537 2  -  By LYNN KAN [SINGAPORE] NG Cheng Xun, 25, was fumbling clumsily in imposed blindness. Taken on a pitch-black jaunt through a “cafe” and a “park”, the soon-to-be banker was walking in the shoes of a blind man in the simulated blackness of
      537 words
    • Article, Illustration
      Lock icon Demand soars for offshore renminbi in S’pore
      984 2  -  Exponential growth follows its launch here just six months ago By SIOW LI SEN [SINGAPORE] China’s offshore renminbi, or CNH, turned one last week and almost everyone seems to be piling into the currency. Although Singapore banks only began selling CNH products six
      REUTERS  -  984 words
    • Article, Illustration
      Lock icon Slots maker Weike strikes sales jackpot
      624 2  -  Record growth in H1 as its efforts to tap growing Asian gaming markets pay off By GRACE LEONG [SINGAPORE] Slots maker Weike Gaming Technology (Singapore) Pte Ltd saw record sales growth in the first half of the year as its efforts to market to
      624 words
    • Article, Illustration
      Lock icon Wall St swelters under heat of debt impasse
      829 4 Markets remain on edge, fuelled by fears over economic slowdown, earnings Reuters [NEW YORK] New York City may be frying in near record temperatures but Wall Street has been feeling the heat for months. Wrangling over the US debt ceiling and question
      Reuters; AP  -  829 words
    • Article
      Lock icon US debt limit deliberations must start today: Geithner
      758 4 Bloomberg [WASHINGTON] US Treasury Secretary Timothy Geithner has said that the House of Representatives must start deliberations today to meet the debt limit deadline, and that a short-term deal will not pass the Senate. “For us to get this done by Aug
      Bloomberg  -  758 words
    • Article, Illustration
      Lock icon Asia may face another credit crunch, warns economist
      638 4  -  By CHEN HUIFEN [SINGAPORE] The impact of Europe’s spiralling debt crisis on Asia is not credit exposure to European banks nor is it the spillover effects of a possible recession in Europe. Rather, the key risk to Asia from a debt contagion
      FILE PHOTO  -  638 words
    • Article
      Lock icon More governance measures for new listings?
      690 4  -  By LYNETTE KHOO [SINGAPORE] There are signs that the Singapore Exchange (SGX) is seeking greater assurance from new listings on their internal controls and cash management following the fresh wave of S-chips scandals this year. While it has not officially added new listing requirements
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      104 2 LUXURY TOURS TRAVEL PTE LTD a The Leading Operator i'A Established 1985 > > Y^M "Fullfilling your requirments with finesse" Our experienced team of planners takes charge right from the start. We offer you the best venues available, suggestions settings. These include transportation, meals, sightseeing tours tourist guides. Our services
      104 words
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      625 3 PRIVILEGE BANKING -cr THERE'S MORE TO WEALTH THAN MONEY ALONE When it comes to Privilege Banking, we understand that the measure of true wealth goes beyond mere numbers. It's a world where your dreams are celebrated, relationships treasured and legacies preserved. Whatever your privileges may be, it's our privilege to
      625 words
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      31 4 Congratulations! Dr Ong Weijie Managing Director of Flint Ink Chemical Industry Pte Ltd for being awarded the Most Promising Entrepreneur Award With compliments from: CREATIVE SERVICES Cross-media Brand Development APEA 2011
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      18 4 Pacify the Raging Bull Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Apology Notices WATS NOTICES
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  • Page 5 Advertisements
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      1330 5 Advertising Feature Invest in the future of healthcare As the prime Novena precinct takes shape as Singapore's top healthcare hub, medical professionals are rapidly flocking to establish a foothold in the area. Billions of dollars are being poured into developing state-of-the-art facilities in Novena, solidifying its reputation as the strongest
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  • COMPANY NEWS
    • Article
      Lock icon The pitfalls of economic groupthink
      825 6  -  HOCK LOCK SIEW By R SIVANITHY PRESENT-DAY economic thinking says that in order to pull economies out of recession, it is necessary to slash interest rates to zero, keep them depressed indefinitely and then pump inordinate sums of money into bailouts that gain the approval
      825 words
    • Article
      Lock icon WFE members’ investment flow drops 1.3% in first half
      767 6  -  Their IPOs amount to US$126b in value, accounting for 35% of the total US$361 b By JAMIE LEE THE combined investment flow into the 52 members of the World Federation of Exchanges (WFE) fell 1.3 per cent in the first half
      767 words
    • Article
      Lock icon PRIME LENDING RATES
      403 6 Jul 22 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 Change of guard comes at a crucial time for SATS
      800 9  -  Outgoing CEO cut reliance on aviation, transformed SATS NEWS ANALYSIS By VEN SREENIVASAN THE sudden departure of Clement Woon Hin Yong as chief executive could not have come at a more challenging time for SATS Ltd. The Changi-based ground handling
      FILE PHOTO  -  800 words
    • Article
      Lock icon Reits show the way as Q2 earnings reports look healthy
      1697 9  -  Profit up 8.9% at 23 companies that have reported so far; only one firm posts loss By JAMIE LEE NET profit for the 23 companies that have reported their second quarter results so far is a combined $1.13 billion, up
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      1209 6 MATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg l BUY IT-SELL IT-FIND IT INNO mm Precision Parts, Precision Partnerships. INNOVALUES LIMITED (Incorporated in the Republic of Singapore) Company Registration Number *****2822E NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting ("EGM") of Innovalues Limited (the "Company")
      1,209 words
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      17 6 Grow Your Stock Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Mergers Acquisitions Notices NOTICES
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      750 7 u h HOW TO PROTECT YOUR MONEY PROPERTY TRANSACTIONS FROM 1 AUGUST 2011 V h i If you are writing a cheque to your lawyer, make sure you add "-CVY" behind the law firm's name on the cheque. This ensures that your money will be deposited into the special account
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  • SINGAPORE MARKETS
    • Article
      Lock icon Euro rallies against dollar after Europe debt bailout
      446 8 CURRENCIES Bloomberg [NEW YORK] The euro rose for the first time in three weeks against the dollar and touched a two-week high after European leaders agreed to a new bailout for Greece and expanded the role of the region’s rescue fund. The
      Bloomberg  -  446 words
    • Article
      Lock icon The case for coal clearing on SGX
      464 8  -  COMMODITIES By GEOFF HOWIE The writer is director, sales clients, at Singapore Exchange Ltd THERMAL coal is a key mineral that serves much of the world’s energy requirements. Like crude oil, natural gas and nuclear sources, coal has a massive global industry built
      464 words
    • Article, Illustration
      Lock icon Algo trading or institutional front-running?
      626 8  -  STOCKS R SIVANITHY Senior Correspondent IT PROBABLY wouldn’t have escaped the attention of those who watch closely the local stock market (or regular BT readers) that rises and falls in the Straits Times Index (STI) regularly presage similar movements in Europe and on Wall Street
      626 words
    • Article
      Lock icon BROKERS’ RECOMMENDATIONS
      1694 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 Prop Ltd 3.00 2.55 8 15.87 10.05 1.50 1.59 Amtek Engg Ltd 2.00 2.00 4 0.10 8.18 1.41 0.97 ARA Asset Mgt Ltd 1.80 2.00 5
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    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 8 WEEKLY
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    • Article
      Lock icon OTHER SINGAPORE INDICES
      66 8 Jul 22 VALUE CLOSE BT OB/OS -276.00 +62.00 BT CADI -*****.00 +242.0 BT 10-day MA -*****.00 -28.00 FTSE ST Mid Cap 745.77 +7.43 FTSE ST Small Cap 521.93 +7.44 FTSE ST All Share 774.61 +10.36 FTSE ST China Top 250.23 +5.21 FTSE ST China 288.86 +4.47 FTSE
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    • Article
      Lock icon MOST ACTIVE STOCKS
      58 8 VOLUME Genting SP 530,338,000 Golden Agri 391,704,000 Sunmoon 288,096,000 800 Super 226,330,000 Yangzijiang 178,960,000 Noble Grp 156,114,000 TigerAir 150,664,000 Dyna-Mac 135,646,000 NexGenSCom 131,421,000 HPH Trust US$ 126,312,000 VALUE($) Genting SP 956,137,251 OCBC Bk 402,779,158 SingTel 395,416,080 DBS Grp 330,699,965 Keppel Corp 322,907,792 Wilmar 281,526,700 Golden Agri 279,194,084
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    • Article
      Lock icon RISES
      114 8 BY CENTS CLOSE UP DBXT iBoxxKR 5US$ ***** 749.5 4.8 JMH 5848 481.1 7.3 IS DJ US Tech 6736 293.7 3.7 DBXT E50 10US$ 4476 276.8 5.4 DBXT SPASX200 10US$ 3655 236.9 5.7 DBXT MSEurope 10US$ 4887 226.1 4.0 Jardine C&C 4738 202.0 4.5 JSH 3279 192.2 5.1 DBXT
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    • Article
      Lock icon FALLS
      129 8 BY CENTS CLOSE DOWN DBXT STGLDv100 10US$ 2890 -89.5 -2.5 Asia Pac Brew 2722 -78.0 -2.8 DBXT S&P Short 10US$ 4168 -76.2 -1.5 Pru 500US$ 1150 -41.1 -2.9 Lyxor Malaysia 10US$ 942 -30.2 -2.6 Ezra.ES.1107 120.5 -24.0 -16.6 CoscoCorp.ES.1107 173.5 -20.5 -10.6 DBXT CSI300 10US$ 1022 -18.1 -1.4 Lyxor
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    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 8 WEEKLY
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    • Article
      Lock icon One-year top losers
      145 10 JULY 22 BID PRICE VALUE WEEK-ON-WEEK CHANGE China Titanium 0.005 25.0 625 Jiutian Chemical 0.040 17.6 3,600 Top Global 0.011 17.1 5,500 Reyphon Agriceutical 0.150 15.4 30,000 Synear Food 0.164 15.4 4,920 C&G Industrial 0.162 10.2 12,312 MoyaDayen 0.079 9.7 9,875 China Oilfield Tech 0.045 4.7 3,195
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    • Article
      Lock icon Analysts' top recommendations
      168 10 JULY 22 BID PRICE VALUE WEEK-ON-WEEK CHANGE China Kangda Food 0.090 11.1 2,340 Best World 0.188 9.3 3,760 Li Heng 0.144 9.1 2,880 Mercator Lines 0.210 6.1 7,980 Golden Agri-Resources 0.725 5.1 20,300 Pacific Shipping Trust 0.447 3.5 8,940 Noble Group 1.840 3.1 19,905 Bukit Sembawang 4.590
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    • Article
      Lock icon Biggest upgrades in analysts' sentiment
      151 10 sentiment VALUE JULY 22 BID PRICE WEEK-ON-WEEK CHANGE World Precision 0.595 6.2 11,305 China Taisan 0.165 5.8 6,600 Hi-P 0.930 2.2 12,090 Goodpack 1.845 1.9 7,380 Macquarie Int'l Infrastr 0.570 1.8 7,980 Dairy Farm 10.226 1.5 10,226 FSL Trust 0.350 1.4 3,850 CH Offshore 0.415
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    • Article
      Lock icon Highest dividend yields
      170 10 JULY 22 BID PRICE VALUE WEEK-ON-WEEK CHANGE Hotung Investment 0.144 6.7 10,224 Silverlake Axis 0.410 6.5 13,530 MFS Technology Ltd 0.096 5.5 2,592 FJ Benjamin 0.385 5.5 9,625 Poh Tiong Choon Logistic 0.420 3.7 12,180 CWT 1.310 2.7 15,720 Jaya Holdings 0.575 2.7 3,450 Metro 0.780 2.0
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      Lock icon Lowest forward PEs
      159 10 JULY 22 BID PRICE VALUE WEEK-ON-WEEK CHANGE Li Heng 0.144 9.1 2,880 Mercator Lines 0.210 6.1 7,980 China Taisan 0.165 5.8 6,600 JES International 0.250 4.2 13,000 Swiber 0.695 3.7 6,950 Dapai 0.093 3.3 2,511 CWT 1.310 2.7 18,340 Hupsteel 0.215 2.4 6,665 Ho Bee 1.435 2.1
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    • Article
      Lock icon Lowest PTB portfolio
      170 10 JULY 22 BID PRICE VALUE WEEK-ON-WEEK CHANGE QAF 0.675 8.0 16,875 Orchard Parade 1.735 7.8 13,880 Anwell Tech 0.365 7.4 6,059 Hotung Investment 0.144 6.7 6,912 Golden Agri-Resources 0.725 5.1 20,300 Guocoleisure 0.715 4.4 7,150 Tuan Sing 0.365 2.8 18,980 Samudera Shipping 0.185 2.8 5,550 Fortune Reit
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    • Article, Illustration
      Lock icon Greece bailout lifts portfolios
      376 10  -  TEH HOOI LING Senior Correspondent THE bailout reached by eurozone leaders for debt-laden Greece brought cheers to the market last week, with our portfolios climbing on average 1.8 per cent, reversing losses from the week before. This, however, trailed in comparison to the Straits Times Index’s
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    • Article
      Lock icon Director selling activity slumps as buying remains flat
      1646 10  -  INSIDE MARKETS By ROBERT HALILI The writer is managing director at Asia Insider Ltd THE buying was flat for the third straight week while the selling among directors fell, going by filings on the Singapore Exchange from July 18 to 22. A
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      96 8 Askthe- J Commodities tXpGrt' In collaboration with our Exchange Partners Phillip Futures Bringing Global Markets Closer to You I www.phillipfutures.com.sg 6538 0500 c Brought to you by Phillip Futures Pte Ltd (A member of PhillipCapital) Co. Reg. No: *****5695G The above information does not constitute an investment advice, an offer/solicitation
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      129 9 r M Cybercentre The Green Smart Office Address that works whenever you do GTower offers you a Grade A++ commercial space within the Kuala Lumpur City Centre (KLCC) business district. We are Malaysia's first Green building (Singapore BCA Green Mark Gold) and built to MSC Malaysia (Multimedia Super Corridor) specifications.
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon ITE more renowned internationally than locally
      854 11  -  Its achievements have been lauded by The Economist magazine and OECD By LEE U-WEN ALMOST every other day, the top brass at the Institute of Technical Education (ITE) have to play host to a foreign visitor in many cases, groups of them eager to
      854 words
    • Article, Illustration
      Lock icon Singapore has role to play in leading regional discussion on nuclear issues
      481 11  -  By NISHA RAMCHANDANI [SINGAPORE] With countries such as Malaysia and Indonesia looking to build up nuclear power capabilities, Singapore’s proximity means that it has a vested interest in ensuring that the region collectively establishes a comprehensive framework to
      481 words
    • Article
      Lock icon DIVIDENDS ANNOUNCED
      787 11 Payment Ex Books Pay Ann (cts) date close date date Ascendasreit ad 0.040 22-Jul 26-Jul 25-Aug 19-Jul Ascendasreit ao 2.770 22-Jul 26-Jul 25-Aug 19-Jul Ascott R Trust ad 3.014 28-Jul 01-Aug 26-Aug 22-Jul Ascott R Trust ao 1.243 28-Jul 01-Aug 26-Aug 22-Jul Ascott R Trust aq 0.209 28-Jul
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    • Article, Illustration
      Lock icon 3-5 years before HDB resale prices stabilise
      316 11 IT would take three to five years for prices of HDB resale flats to stabilise, National Development Minister Khaw Boon Wan said yesterday. ChannelNewsAsia reported Mr Khaw as saying that in order to address an imbalance between supply and demand, new build-to-order (BTO)
      316 words
    • Article
      Lock icon New NTU research centre to study consumer behaviour
      229 11 A NEW research centre at Nanyang Technological University (NTU) will give insight into Asian consumers and establish Singapore as a pan-Asian consumer research hub. The Institute on Asian Consumer Insight (ACI) is an initiative to help Singapore capitalise on the long-term trend
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      32 11 2010EDITION A collection from The Business Times The diverseexperiences ofsome of the mostinfluential thinkers,corporate chiefs andsocial activists of the age 52 interviews by The Business Times journalists Available at all leading bookstores
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  • VIEWS FROM THE TOP
    • Article, Illustration
      Lock icon Finding the right CPF balance
      1857 12 THIS WEEK’S TOPIC What key issues should employers, employees and the government consider when reviewing the current cut in CPF contribution rates for workers reaching 50 and 65? What changes, if any, would you consider fair and sustainable? Annie Yap Managing Director AYP Associates Pte
      THE STRAITS TIMES FILE PHOTO  -  1,857 words
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  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • Article, Illustration
      Lock icon Before you take up an ILP
      1136 13  -  Investment-linked insurance products are different from the traditional life insurance policies, reports TEH SHI NING reports TEH SHI NING A larger number of insurance products these days are hybrid ones offering both protection and a degree of return on your money. Invest-ment-linked insurance products
      FILE PHOTO  -  1,136 words
    • Article, Illustration
      Lock icon A mission to accomplish
      980 13  -  Stanley Chia aims to teach young people financial literacy, reports TAM YU LING STARTING YOUNG reports TAM YU LING AT age 24, Stanley Chia is no ordinary investor interested only in money making. He has a grand mission, and that is to increase the financial literacy
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    • Article
      Lock icon How should I start investing with a small monthly sum?
      370 13 ASK DR INVEST Q: I’m keen to start investing. I am not too sure which instruments to use but I am bullish on the growing economies of China and India. Also, I don’t have a lump sum of cash currently
      370 words
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      334 13 Get started now ‘Spot the Index’ contest THINK you can forecast where the market’s headed? Then put your skills to the test and familiarise yourself with our local stock-market index, the Straits Times Index (STI), now. Simply spot the weekly closing index rate and stand to win an Apple iPod
      334 words
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  • ECONOMY WATCH
    • Article
      Lock icon The power to put a ‘sell’ on Uncle Sam
      965 14 Fitch Ratings’ David Riley is one of the world’s most powerful financial analysts NYT [NEW YORK] This summer, David Riley is one of the world’s most powerful financial analysts. Not only does he have the power to effectively put a “sell”
      NYT  -  965 words
    • Article
      Lock icon ECB emerges as winner in eurozone debt talks
      694 14 Govts now tasked to prevent collapse of Greek economy Bloomberg [FRANKFURT] Chancellor Angela Merkel of Germany and other European leaders appeared to have acted in defiance of the European Central Bank (ECB) when they insisted that banks contribute to the latest rescue
      Bloomberg  -  694 words
    • Article, Illustration
      Lock icon China growth model unsustainable: analysts
      743 14 AFP [BEIJING] As the United States and Europe struggle with debt crises, China’s economy appears in robust health but analysts say that its growth model is too dependent on investment and cannot be sustained. Sitting on foreign exchange reserves worth nearly US$3.2 trillion and with
      AFP  -  743 words
    • Article
      Lock icon Treasury may have extra week of cash: Barclays
      439 14 Bloomberg [WASHINGTON] Greater-than-expected tax receipts might give the US Treasury about an extra week before running out of cash, Barclays Capital says in a report. “It now appears the tax receipt inflows from July 14 to date have been considerably stronger than
      Bloomberg  -  439 words
    • Article
      Lock icon Brazil will keep inflation under control, says Rousseff
      392 14 But it will not be at expense of knocking down growth Reuters [RIO DE JANEIRO] Brazil’s government will keep inflation under control but not at the expense of stamping out growth as the booming economy heads for a “soft landing”, President Dilma
      Reuters  -  392 words
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon Indonesian ruling party in drive to clean up image
      569 15 Move comes after corruption, police scandals cut support for Yudhoyono Bloomberg [JAKARTA] Indonesia’s ruling Democrat Party began a two day national meeting to find ways to win back public trust after corruption and police scandals undercut support for President Susilo Bambang
      Bloomberg; REUTERS  -  569 words
    • Article, Illustration
      Lock icon Time to move on from divisive issue
      569 15  -  All should accept findings in Teoh’s death MALAYSIA INSIGHT S JAYASANKARAN KL Correspondent UTUSAN Malaysia, a lay-lan-guage newspaper that’s owned by the ruling United Malays National Organisation, suggested yesterday that the opposition Demo- cratic Action Party (DAP) and its adviser Lim Kit Siang
      569 words
    • Article
      Lock icon BURSA MALAYSIA
      1865 15 VOL July 22 RM +/-(‘000) A M Realty 0.46 unch 0 Abric Bhd 0.31 0.01 10 Advance Synerg 0.21 -0.01 1469 Adventa Bhd 1.86 unch 117 Ae Multi Hldgs 0.25 unch 248 Affin Holdings 3.39 0.03 711 Ahmad Zaki Res 0.76 unch 103 Aic Corp 1.51 -0.04 509
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    • Article
      Lock icon Clinton urges Jakarta to cut tariffs
      372 15 AFP [NUSA DUA] US Secretary of State Hillary Clinton yesterday urged Indonesia to cut tariffs, saying that trade between the two countries lagged behind others in South-east Asia. She said that the country of 240 million people was the biggest economy in the 10-member
      AFP  -  372 words
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      348 15 AT3 NOTICES free notices@sph Toll 1800 289 8822 Email com In the matter of The Companies Act, Cap. 50 And In the Matter of ASIA FORTIS PTE LTD (Company No. *****2317D) STATUTORY DECLARATION BY DIRECTORS OF COMPANY’S INABILITY TO CONTINUE BUSINESS BY REASON OF ITS LIABILITIES I, IBRAHIM BIN AKBAR
      348 words
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      480 15 UMS HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Company No. *****0340R) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting (“EGM”) of UMS Holdings Limited (the “Company”) will be held at 25 Changi North Rise, Singapore *****8 on Tuesday, 16 August 2011 at 10.00
      480 words
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  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon India moves to open up retail sector to foreign investors
      559 16 Minimum US$100m investment required; stores can be opened only in certain cities AFP [NEW DELHI] A top Indian government panel has approved a plan to allow foreign direct investment (FDI) in the country’s vast retail market in what would be
      AFP  -  559 words
    • Article, Illustration
      Lock icon India’s reforms programme at standstill, 20 years on
      719 16 AFP [NEW DELHI] Two decades ago, India’s Prime Minister Manmohan Singh unleashed radical free-market reforms that were a watershed moment in the transformation and rise of the South Asian giant. “We shall make the future happen,” declared Mr Singh, who was then
      AFP  -  719 words
    • Article
      Lock icon China sacks 3 railway officials after train crash
      671 16 Bullet train hits another which lost power after lightning strike Reuters [WENZHOU] China sacked three senior railway officials yesterday after a collision between two high-speed trains killed at least 43 people and raised new questions about the safety of the fast-growing rail
      Reuters  -  671 words
    • Article
      Lock icon Local govt debt poses risk to growth, says PBOC advisor
      368 16 Bloomberg [BEIJING] China has at least two years to sort out its mountain of local government debt, which poses a “very serious” risk for the fastest-growing economy over the longer term, People’s Bank of China adviser Zhou Qiren said. The
      Bloomberg  -  368 words
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      56 16 Heartbeat Of The Indian Community Incisive features from India, news about the local Indian community, as well as business, education, entertainment, food and sports... with an Indian slant of course. •AMMAN WANTS"?. a SO««ST<CA',y> MSCOMCffn r ..tnuM COMM un THE HE u?sam muocows presidential conversation gracing For more details, call
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  • WORLD
    • Article, Illustration
      Lock icon Football chief Bin Hammam declares ‘war’ on Blatter
      549 17 Qatari intends to appeal Fifa’s decision to ban him AFP [ZURICH] Disgraced Asian football chief Mohamed bin Hammam declared “war” on his former ally Sepp Blatter and vowed to clear his name after being banned for life for attempted bribery. The former
      AFP; AP FILE PHOTO  -  549 words
    • Article
      Lock icon US carmakers wary as economy is stuck in slow gear
      718 17 Reuters [DETROIT] Each month, a dozen executives of General Motors Co gather on the 39th floor of their Detroit headquarters to survey the car industry, the US economy and how they will meet demand from customers. Recently, the view has
      Reuters  -  718 words
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      Lock icon Hamilton wins German GP in great style
      656 17 Reuters [NUERBURGRING, Germany] McLaren’s Lewis Hamilton produced a monumental drive to take his second win of the season in the German Formula One Grand Prix after an enthralling battle with Ferrari’s sec-ond-placed Fernando Alonso and Mark Webber. The only disappointment for the local
      Reuters; AP  -  656 words
    • Article
      Lock icon More British tabloids accused of phone hacking
      663 17 But their owners strongly denounce the claims made by former journalists AFP [LONDON] Phone-hacking allegations spread beyond the felled News of the World to other British tabloids on Saturday, though the claims were strongly denounced by their proprietors. Former journalists at the Daily
      AFP  -  663 words
    • Article, Illustration
      Lock icon Young sons of senior officials are Russia’s new ruling class
      665 18 Family connections with large firms are also a source of revenue AFP [MOSCOW] Following the oligarchs of the 1990s, a new ruling class has emerged in Russia where the youthful offspring of senior officials fill top positions in the private
      AFP  -  665 words
    • Article
      Lock icon PC makers aware that their time will be up soon
      603 18 Earnings underscore preference for tablets Reuters [SAN FRANCISCO] Silicon Valley’s old guard is waking up to the fact that the era of the consumer PC may be in its twilight, accelerating the need to invest and adapt to rapidly changing
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    • Article
      Lock icon UK’s Metro Bank hopes to break even in two years
      403 18 Reu ters [LONDON] Metro Bank, which launched a year ago as Britain’s first new highstreet lender in more than 100 years, could break even by 2013 after opening 25,000 accounts so far. The bank is one of several new entrants
      Reuters  -  403 words
    • Article, Illustration
      Lock icon Caesium contamination spreads into more consumables
      305 18 Bloomberg [TOKYO] Caesium contamination from the crippled Fukushima Dai-Ichi nuclear power plant is spreading beyond the prefecture and into more consumables, heightening concern that radiation is entering into Japan’s food supply chain. Beef from four prefectures Iwate, Miyagi, Akita and Tochigi was found with
      Bloomberg; REUTERS  -  305 words
    • Article
      Lock icon Eurozone needs to catch up with Germany
      395 18 NYT [NEW YORK] If the economies of the bailed-out countries in the eurozone are going to prosper again, they will have to somehow regain competitiveness with Germany, the dominant economy in the zone. New figures released by the European Central Bank (ECB) indicate
      NYT  -  395 words
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  • AVIATION/SHIPPING
    • Article
      Lock icon Baltic Exchange’s main index continues to fall
      436 19 Firm panamax market unable to make up for capesize weakness Reuters [LONDON] The Baltic Exchange’s main sea freight index, which tracks rates to ship dry commodities, fell for an 11th straight session last Friday as a firm panamax market could not make up
      Reuters  -  436 words
    • Article
      Lock icon Cash-hit FAA sends staff on unpaid leave
      230 19 [WASHINGTON] The US Federal Aviation Administration (FAA) partially shut down at the weekend, furloughing without pay about 4,000 workers as Congress failed to re-authorise the agency’s funding. The Senate on Friday failed to approve an extension of taxes that help fund the FAA.
      230 words
    • Article, Illustration
      Lock icon Iconic Polish shipyard cashes in on wind power
      694 19 It plans to build 60 offshore wind towers this year AFP [GDANSK SHIPYARD, Poland] The Gdansk Shipyard, where the Solidarity movement that ended the communist era in Poland was born, is now trying to lead another Polish revolution in offshore wind power.
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    • Article
      Lock icon German KG funding takes a big hit in Q1
      295 19 Bloomberg [LONDON] Investment in German funds that finance a fifth of the world’s container ships and half the nation’s own fleet plunged 53 per cent in the first quarter as freight markets slumped and banks curbed lending. Money raised for Kommanditgesellschaft
      Bloomberg  -  295 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      3313 19 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi SQ455 1300 SQ456 1245 EY473 1955 NH6369 1955 VA7473 1955 Adelaide LH9771 1745 LH9770 2350 SQ278 1745 SQ279 2350 VS7278 1745 VS7279 2350 Amsterdam LO4031 0545 LO4032 2355 SQ323 0545 SQ324 2355 US5410 0545 US5411 2355 AZ3992 1525 KL835
      3,313 words
  • Page 19 Miscellaneous
    • Miscellaneous
      Lock icon Page 19 Miscellaneous Column 1
      352 19 CRYPTIC CROSSWORD Across 1 Hold up two drinks (7) 5 Gifted runner starts to long for undemanding legwork (7) 9 Consider returning fire with explosive device (7) 10 In conclusion, tree is chopped up and logged (7) 11 Full of spirit? (9) 12 End of plant in rake’s way (5)
      352 words
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      133 20 www.omy.sg B %$lkW\ m Kj sg omy eat 4 SA (K /"vi 1 0 M r u Wi ne, Di 1 i ,wW lf 4. .2k| V, M > .V- v RAMADAN IFTAR DINNER From 1 30 Aug 2011, celebrate the spirit of an authentic "Buka Puasa" and discover the
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      29 20 1 i Suede's Greatest Hits Tour 3 August 2011, Singapore Indoor Stadium .JB EXCLUSIVE TICKETS TUNE IN TO 91.3FM OR LOG ONTO WWW.RADI0913.COM FOR MORE DETAILS Midas Promotions www.midaspromotions.com
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  • DINING OUT
    • Article, Illustration
      Lock icon A fine fusion of East and West
      789 20  -  By Geoffrey Eu NEW CHEF Bistro Soori 2 Teck Lim Road. Tel: 6438-3802. www.bistrosoori. com IF dining at Bistro Soori feels a little bit like having an out-of-body experience, that's because the idea (apart from offering a decent meal) is to transport you,
      789 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      8769 21 Week ended: Jul 22 52-wks Last Vol Week Last Quote Div GrYld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 21 13.2 8Telecom 15 +1.8 50 15 13.5 13.5 15.5 7.8 4.1 3.1 71.8 12 4.5 A-Sonic 6.7 -0.3 483 7
      8,769 words
    • Article
      Lock icon SGX CATALIST
      1710 22 52-wks Last Vol Week Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 34 23 t 800 Super 23.5 -8 *****0 34 23 23.5 24 8.1 42 5.5 3.7 t AA Grp 3.7 3.6 3.9 17.6 3.6
      1,710 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      114 22 Stock name Close Change CapMallsAsia 1.450 CapitaLand 2.950 +0.070 CapitaMall 1.950 CityDev 10.930 +0.420 ComfortDelGro 1.430 -0.015 DBS Grp 15.100 +0.120 F&N 6.070 +0.090 GLP 2.040 -0.010 Genting SP 1.835 +0.040 Golden Agri 0.730 +0.015 Stock name Close Change HK Land 6.730 +0.100 JMH 58.480 +2.980
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    • Article
      Lock icon STOCKS ASIA
      2623 22 Transaction date: Jul 22 HONG KONG Vol HK$ +/-'000 Aeon Credit 6.29 unch 0 Aeon Stores-50 17.80 unch 7 Angang Steel 8.33 0.32 9109 Anhui Conch 39.55 0.75 ***** Anhuiexpresswa 5.43 0.13 809 Asia Satellite 18.00 0.02 1 Asm Pacific 91.90 1.95 860 Bank Of E Asia 30.55
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    • Article
      Lock icon GLOBALQUOTE
      259 22 52-Wk Last Vol Week Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 56 34 AVJennings A48 +5 21 48 41 44 48 3.6 7.3 3.8 125 55 21.5 Genting HK US$ US41.5 +2.5 ***** 43.5 38 41.5 42 2732.6
      259 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 22 MAIN SDQ TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 12 3 2 0 0 0 12 3 2 Manufacturing 103 77 35 14 12 9 117 89 44 Commerce 44 14 18 5 10 1 49 24 19 Tpt/Stor/Comms 30 7 10
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    • Article
      Lock icon SGX ETF
      980 22 52-Wk Last Vol Week Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 124 108 ABF SG Bond ETF 113.3 -2.7 243 115.5 113 113.3 114.7 517.2 1207 880 CIMBAsean40 100US$ US1103 +25 94 1108 1093 1103 1103 44.1
      980 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      123 22 TURNOVER (‘000) VALUE (‘000) MAIN SDQ TOTAL MAIN SDQ TOTAL Multi Ind 172,839 172,839 479,256 479,256 Manufacturing 1,119,860 165,445 1,285,305 1,075,610 2,580 1,078,190 Commerce 800,030 59,734 859,764 700,274 8,495 708,769 Tpt/Stor/Comms 1,000,801 23,842 1,024,643 1,428,211 2,886 1,431,097 Finance 138,787 22 138,809 1,141,770 2 1,141,772 Construction 221,132 97,386
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      26 22 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 23 In local curr In S$ In US$ dy yr dy yr dy yr Jul 22 Index Change Change Change Change Change Change World Index Preliminary 918.9 0.3 2.4 0.1 -0.7 0.3 5.3 EAFE Preliminary 782.9 0.7 -2.2 0.5 -2.3 0.7 3.5 Europe Preliminary 1152.9 0.5
      374 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      77 23 CRUDE OIL PRODUCTS Jul 21 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 118.88 0.64 WTI (Near Mth) 99.10 0.99 Dubai (1-Mth F) 111.37 -0.79 Tapis blend 122.34 -1.31 Minas 118.34 -1.31 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 108.17 -0.39 Jet Kerosene 130.95 -0.65 US$/barrel Opec Oil
      77 words
    • Article
      Lock icon CHICAGO BOT
      107 23 Jul 22 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Aug 11 1380.25 unch 1388.50 1374.75 Sep 11 1381.00 1381.25 1390.00 1375.75 Nov 11 1388.25 1388.00 1397.50 1382.50 Jan 12 1397.75 1397.25 1406.00 1392.00 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Aug 11 56.51
      107 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      81 23 Jul 22 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****Z 20.10.2011 0.25 1-Year BY*****X 02.05.2012 0.33 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year NX*****Z 2.250 01.07.2013 103.81 103.86 103.85 5-Year N*****0W 1.125 01.04.2016 101.84 102.05 101.80
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    • Article
      Lock icon SGX DERIVATIVES TRADING
      463 23 Jul 22 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Sep11 99.6600 0 4685 Dec11 99.5650 0 3123 Mar12 99.5050 0 1528 Jun12 99.4200 0 1914 EUROYEN TIBOR FUTURES Sep11 99.6600 99.6600 99.6600 99.6600 0 1332 Dec11 99.6575 86 1478 Mar12 99.6550 0 1823 Jun12 99.6500 0
      463 words
    • Article
      Lock icon SICOM FUTURES
      157 23 Jul 23 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Aug 11 476.5 470.0 476.5 51 162 Sep 11 478.0 472.0 478.0 110 412 Oct 11 478.5 480.0 478.5 10 421 Nov 11 484.0 476.6 484.0 27 424 Dec
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    • Article, Illustration
      Lock icon SMX MARKET UPDATE
      52 23 As on 22 July 2011 www.smx.com.sg For membership please contact: Ivan Han, DID +65 9098 8455 membership@smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE PREV CLOSE CURRENCY Euro-US Dollar Sep-11 1.4413 1.4301 1.4338 1.4353 BASE METALS Copper Cash Sep-11 9756 9647 9700 9711 ENERGY WTI Crude Sep-11 99.74 99.58
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    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 23 As at 9am Jul 22 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.353 1.277 Can dollar 1.305 1.255 Euro 1.774 1.706 Sterling pound 2.01 1.933 NZ dollar 1.072 1.021 US dollar 1.227 1.18 Local dollars to 100 units of foreign
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    • Article
      Lock icon STOCK INDEX FUTURES
      27 23 Jul 22 Open High Sett STI Jul 3179 SIMSCI Jul 364.5 369.0 368.5 Taiwan Jul 304.7 308.3 306.8 Source: MF Global (S) Pte Ltd
      27 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      2715 23 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 22.5 -3 10 1 150 21 6.31 34 ASJ Hldgs W*****1 0.5 -0.1 462 1 4 7 8.40 7 AlliedTech W*****2 1.7 -0.2 321 1 4 28 Asia
      2,715 words
    • Article
      Lock icon INTERBANK RATES
      177 23 Jul 22 $S Offer Bid 0vernight 0.05 0.03 1-month 5/16 1/16 2-months 3/8 1/8 3-months 7/16 3/16 Overnight mode: 0.03 US$ Offer Bid 7 days 0.25 0.15 1 month 0.28 0.18 2 months 0.35 0.25 3 months 0.42 0.32 6 months 0.54 0.44 9 months 0.75 0.55 12
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    • Article
      Lock icon INTERBANK CROSS RATES
      462 23 Jul 22 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.023 6.990 0.752 8.447 48.141 92.487 0.853 11.405 3.226 1.256 93.397 45.983 1.311 7.328 0.892 31.246 32.338 0.665 1.084 Canada 0.978 6.834
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    • Article
      Lock icon SIBOR
      85 23 Jul 22 (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$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths
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    • Article
      Lock icon PRECIOUS METALS
      139 23 Jul 22 GOLD (US$/oz) Jul 21 Jul 22 Hong Kong 1598.00 1590.00 Jul 22 Jul 21 London 1602.66 1600.30 1603.43 1601.05 Source: Thomson Reuters CAST BAR Jul 22 (S$) Selling Buying Kilobar 66,510.13 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 149 62 5gm 423 310 10gm 756
      139 words
    • Article
      Lock icon LONDON METALS
      70 23 Jul 22 22 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2561.50 2511.00 3 months 2590.00 2540.00 Copper, Grade A (US$/tonne) Cash 9654.50 9659.75 3 months 9675.00 9680.00 Lead (US$/tonne) Cash 2669.25 2678.25 3 months 9675.00 2700.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash
      70 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      154 23 Jul 22 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.3106 1.3118 1.0842 1.0843 Canadian dollar 1.2812 1.2825 1.0599 1.0601 Euro 1.7422 1.7439 1.4413 1.4415 NZ dollar 1.0434 1.0447 0.8632 0.8635 Sterling pound 1.9695 1.9717 1.6293 1.6298
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    • Article
      Lock icon US$/S$ FORWARD RATES
      22 23 Jul 22 S$ Bid Offer 1-month 1.2088 1.2098 2-months 1.2087 1.2098 3-months 1.2087 1.2097 6-months 1.2080 1.2090 Source: OCBC
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    • Article
      Lock icon PALM OIL
      65 23 Jul 22 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Aug 11 3125 3138 3151 3125 719 4664 Sep 11 3127 3141 3151 3127 4883 ***** Oct 11 3129 3140 3150 3125 9399 ***** Nov 11 3120 3139
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    • Article
      Lock icon LIFFE
      81 23 Jul 22 COCOA (£/tonne) Close Prev High/Low Sep 11 1901 1970 1960/1896 Dec 11 1931 1999 1987/1926 Mar 12 1952 2017 2004/1947 May 12 1960 2025 2010/1958 COFFEE (US$/tonne) Close Prev High/Low Jul 11 2029 1960 Sep 11 2074 2002 2074/1997 Nov 11 2098 2035 2100/2032 Jan 12 2114
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  • Article
    Lock icon SHIPPING TIMES
    5518 24 n BALISA SHIPPING TRADING PTE LTD 8 Shenton Way, #40-03A, Singapore *****1 Tel: 6345 5700 Fax: 6345 5227 Email: singapore@balisagp.com UEN NO. *****3249E UK CONTINENT SERVICE U.S.A. SERVICE Destination STXPO TBN Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Destination STXPO TBN Camden/New Orleans/Tampico Destination JIMRISE Muscat/Sharjah/Doha/Dammam JIMFLUSH
    5,518 words
  • Page 24 Advertisements
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  • Page 26 Advertisements
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      Lock icon Page 26 Advertisements Column 1
      98 26 "Cloud computing is the 1 Technology Priority of ClOs in 2011" Gartner www.globalstf.org I I BECOME A CERTIFIED PROFESSIONAL MR Ref Code: CITREP1112/MR/l 1 -06/424 CLOUD COMPUTING GREEN IT DATA QUALITY GOVERNANCE Delivered by Dr San Murugesan, an authority in Cloud Computing Green IT I Information Quality Associate (CIQA) Information
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  • BizIT THE BUSINESS OF INFOCOMM TECHNOLOGY
    • Article, Illustration
      Lock icon Asia-Pac grapples with consumerisation of IT
      971 28  -  Regional enterprises need to reorient their IT policy to successfully deal with this new development, says AMIT ROY CHOUDHURY AMIT ROY CHOUDHURY LARGEfirmsacrossAsia-Pacific are gearing up for a new reality they can no longer ignore the impact of consumer technologies within the enterprise network.
      971 words
    • Article, Illustration
      Lock icon Digital paywalls paying off
      819 26  -  FT.com is among papers reporting success with pricing its content online, reports VICTORIA HO reports VICTORIA HO THE idea of the digital paywall is a controversial one, although more publishers appear to be biting the bullet and charging for premium content these days. Much of the
      819 words
    • Article
      Lock icon Rebooting the PC industry: Tablets force a shift
      1085 26 Though PCs are not yet obsolete, their position may slide AP [SANTA CLARA, California] The personal computer industry needs a jump-start and it’s counting on a rescue from emerging markets and a late-to-the-party push into tablet computers. The US and European PC
      AP  -  1,085 words
    • Article
      Lock icon Making business sense of bits and bytes
      767 26  -  Splunk uncovers secrets hidden in unstructured machine data By VICTORIA HO ADVANCES in technology that allow the real-time monitoring of data also means that we need a way to make sense of it all. This is the force propelling the industry’s enthusiasm over
      767 words
    • BizIT FOCUS: MAKING IT WORK
      • Article, Illustration
        Lock icon Adapting to an instant-on world
        2001 27  -  Cloud computing tools can help CIOs to manage more with less resources, writes AMIT ROY CHOUDHURY writes AMIT ROY CHOUDHURY WHILEcloudcomputing accounts for less than 2 per cent of IT spending today, research agency IDC estimates that by 2015, nearly 20 per cent of information
        STOCK.XCHNG  -  2,001 words
  • Page 28 Advertisements
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      Lock icon Page 28 Advertisements Column 1
      101 28 Digital paywalls paying off Page 26 Net Profit increased by 30.1 to USD 966 million 966 568 510 rm i 304 331 June 2009 June 2008 June June 2006 2007 June 2010 June 2011 (USD million) QNB Group Half Year Financial Results QNB Group is one of the highest rated
      101 words