The Business Times, 5 December 2011

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Total Pages: 27
1 28 The Business Times
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  • Title Section
    Lock icon Masthead
    23 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|£l A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 120/08/2011 Monday, December 5,
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  • Article
    Lock icon Fresh NOL bid for Hapag-Lloyd stake: report
    566 1 It’s in talks with stake owner TUI, more in Jan: German paper [SINGAPORE] Neptune Orient Lines (NOL) could be bidding again to buy a stake in container shipping group Hapag-Lloyd from Germany’s TUI. Both parties have been in talks and plan to hold
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  • Article
    Lock icon MARKETS DIGEST
    156 1 BT ONLINE BT print subscribers get free access to BT Online at www.businesstimes.com.sg. For more information, e-mail btocs@sph.com.sg or call 6388-3838. MARKETS Weekly Change ST INDEX 2,773.36 +129.43 KL COMP 1,489.02 +57.47 NIKKEI 225 8,643.75 +483.74 HANG SENG 19,040.39+1,350.91 SET INDEX 1,029.37 +62.19 JAKARTA COMP 3,779.84 +142.65 MANILA
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  • Article, Illustration
    Lock icon Private equity players smell once-in-50-years opportunities
    1204 1  -  The search is on for solid, performing assets in a distressed eurozone looking a lot like Asia 1997-98 By VIKRAM KHANNA [SINGAPORE] Never waste a crisis especially a big one. That’s been the credo of many savvy investors throughout history. The current crisis in
    PHOTO: AFP  -  1,204 words
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  • TOP STORIES
    • Article, Illustration
      Lock icon Market focus is on this week’s EU summit
      912 2  -  A decisive move for the euro can extend last week’s rally in global equities WALL STREET INSIGHT By ROB CURRAN TRADERS await the end-game of the euro crisis with Chancellor Angela Merkel and French President Nicolas Sarkozy promising a decisive move at
      REUTERS  -  912 words
    • Article
      Lock icon Indian economy on track to eclipse Japan’s: ADB
      800 2  -  S’pore to lead Asian league table in per capita GDP terms By ANTHONY ROWLEY in Tokyo JAPAN is likely to be eclipsed as an economic power not only by China but also by India within less than 20 years from now while
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    • Article
      Lock icon THREE-MINUTE DIGEST
      602 2 Private equity players smell once-in-50-years opportunities NEVER waste a crisis especially a big one. That’s been the credo of many savvy investors throughout history. The current crisis in the eurozone is no exception. Although it has yet to reach its tipping point, some private equity investors are already
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    • Article
      Lock icon High-end home deals fewer this year: study
      1120 4  -  But share of non-PR foreigners in such sales are up, thanks partly to Chinese By KALPANA RASHIWALA [SINGAPORE] Transactions in Singapore’s high-end residential market, such as upmarket apartments/condos in choice districts and bungalows on Sentosa Cove, have fallen this year, but non-permanent resident
      1,120 words
    • Article, Illustration
      Lock icon Analysts divided over impact of China risk on S’pore developers
      1023 4  -  CapLand and Keppel Land stocks are down but some think the risk is overpriced NEWS ANALYSIS By MINDY TAN [SINGAPORE] The risk premium in China’s property market has clearly spiked but how much danger that poses to Singapore developers has
      Source: Bloomberg  -  1,023 words
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      201 2 "Congratulations to the Technology Fast 500 Asia Pacific winners. Their remarkable growth is a testament to their commitment to technology." Technology Fast 500 Asia Pacific 2011 The Technology Fast 500, Asia Pacific's pre-eminent technology awards program, is a ranking of Asia's 500 fastest-growing technology companies based on percentage revenue growth
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      442 3 Technology that advances luxury Audi connectre o The future of networked mobility connectionctMake theInformationavigationht Information, entertainment,–intuitively navigation intuitivelyife. brought to life. Audi connect incr The world is becoming increasingly interconnected. So is Audi. New optionst entertainment and driver assistance systems make today’histicated and comfortable the world has state-of-the-art technolAudi A1
      442 words
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      343 4 Luxe Christmas 2011 Luxe Christmas 2011 Luxe Christmas 2011 Luxe Christmas 2011 Luxe Christmas 20 mas 2011 Luxe Christmas 2011 Luxe Christmas 2011 Luxe Christmas 2011 Luxe Ch Christmas 2011 Luxe Christmas 2011 Luxe Christmas 2011 Luxe Christmas 2011 Lu stmas 2011 Luxe Christmas 2011 Luxe Christmas 2011 Luxe Christmas
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  • COMPANY NEWS
    • Article
      Lock icon Commodities may rally on cheap money
      506 5 Central banks seen to boost money supply, cut rates Bloomberg COMMODITIES may rally as central banks boost money supply further and cut interest rates to combat slowing economic growth, according to Renaissance Asset Managers, a unit of Moscow-based Renaissance Group. “Money will continue to
      Bloomberg  -  506 words
    • Article
      Lock icon COMPANY MEETINGS
      212 5 COMPANY MEETING PLACE DATE TIME Global Invest S Holiday Inn Singapore Orchard City Centre, Crystal Suite, Level 2, 11 Cavenagh Road, Singapore *****6 05-Dec 10.00am Union Steel E 33 Pioneer Road North, Singapore *****4 08-Dec 10.00am Lorenzo Intl E 27 Kaki Bukit Place, Eunos Techpark, Singapore *****5 09-Dec
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    • Article
      Lock icon PRIME LENDING RATES
      403 5 Dec 2 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 Who’s afraid of the fleetfooted fox?
      819 5  -  Greater scrutiny of high-speed traders may unearth illicit activity: expert By JAMIE LEE NEW efforts to knock off the veil of high-speed traders by regulators in the West could play a significant part in weeding out potential illicit activity, according to Edgar Perez, an
      AFP  -  819 words
    • Article
      Lock icon European stock, bond funds see outflows
      623 5 Reuters [NEW YORK] Fund investors maintained a defensive posture, pulling cash out of European stock and bond funds in the week ended Nov 30, over the lack of progress in stemming Europe’s expanding credit crisis, data from fund tracker EPFR Global showed on Friday.
      Reuters  -  623 words
    • Article, Illustration
      Lock icon Banks favour stocks in emerging markets
      886 9 Asian equities seen gaining up to 30% next year as govts ease policy to shield economies Bloomberg [LONDON] Strategists and money managers at some of the biggest banks and investment firms are forecasting gains for emerging-mar-ket stocks next year, driven by low valuations and
      Bloomberg; AFP  -  886 words
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      34 5 LGT your private bank in Asia. Integrity. Stability. Performance. Combining traditional private banking with state of the art investment advice. Singapore, Phone +65 64 15 38 00 Hong Kong, Phone +852 2868 0201 www.lgt.com
      34 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon A ‘buy in anticipation’ play in the works?
      745 6  -  STOCKS R SIVANITHY Senior Correspondent SO German Chancellor Angela Merkel believes there is no “quick fix” to the euro debt crisis and that it’ll take years before it’s resolved via coordinated fiscal and austerity measures. This much she said over the weekend.
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    • Article
      Lock icon Euro chalks up first weekly gain since Oct before EU summit
      426 6 CURRENCIES Bloomberg [NEW YORK] The euro last week advanced for the first time in five weeks against the dollar as six central banks, including the Federal Reserve, acted to make more funds available to lenders to keep Europe’s debt
      Bloomberg  -  426 words
    • Article
      Lock icon BROKERS’ RECOMMENDATIONS
      1529 6 Consensus No. of Forecast Mean Fri’s recommendation esti-EPS PE target price Company name This wk Last mth mates (cents) (ratio) price AIMS AMP Cap Ind REIT 2.00 2.00 2 9.35 10.16 1.33 0.95 Amtek Engg 2.60 2.00 5 0.08 5.40 0.81 0.59 ARA Asset Mgt 1.71 1.71 7
      1,529 words
    • Article
      Lock icon Prices rally on greenback weakness
      444 6 COMMODITIES AFP [LONDON] Commodity prices rallied last week as the dollar weakened against the euro in reaction to global efforts to tackle an escalating eurozone debt crisis, analysts said. The dollar won back some ground on Friday as traders booked profits ahead of this week’s
      AFP  -  444 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 6 WEEKLY
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    • Article
      Lock icon OTHER SINGAPORE INDICES
      66 6 Dec 2 VALUE CLOSE BT OB/OS -350.00 +154.0 BT CADI -*****.00 +36.00 BT 10-day MA -*****.00 -35.00 FTSE ST Mid Cap 606.57 +5.57 FTSE ST Small Cap 410.53 +0.48 FTSE ST All Share 663.56 +3.14 FTSE ST China Top 193.74 +1.43 FTSE ST China 227.86 +0.61 FTSE
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    • Article
      Lock icon MOST ACTIVE STOCKS
      60 6 VOLUME GMG R 660,937,000 Noble Grp 372,478,000 Golden Agri 310,774,000 Goldtron 285,793,000 Genting SP 278,132,000 Memstar 141,016,000 PSL Hldgs 107,486,000 SingTel 106,032,000 GMG Global 103,650,000 HPH Trust US$ 103,630,000 VALUE($) Noble Grp 426,925,991 Genting SP 423,616,234 SingTel 327,406,674 DBS Grp 313,558,418 UOB 271,440,577 Keppel Corp 269,923,445 OCBC
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    • Article
      Lock icon RISES
      122 6 BY CENTS CLOSE UP DBXT Nifty 10US$ 9982 1089.0 9.3 GLD 10US$ ***** 938.8 4.5 IS S&P500 ***** 901.5 5.9 DBXT MSKorea 10US$ 5531 803.9 12.8 DBXT E50 10US$ 3530 526.5 13.1 DBXT MSEurope 10US$ 4072 502.1 10.6 DBXT SPASX200 10US$ 3308 472.6 12.5 DBXT FTChina25 10US$ 2741 354.4
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    • Article
      Lock icon FALLS
      124 6 BY CENTS CLOSE DOWN DBXT S&P Short 10US$ 4185-479.0 -8.2 DBXT iBoxxUSTr 5US$ ***** -69.4 -0.3 JMH 4850 -59.1 -0.9 DBXT iBoxxSing 5SG$ ***** -59.0 -0.5 DBXT DBCBDJUBS 10US$ 3432 -52.7 -1.2 Asia Pac Brew 2500 -50.0 -2.0 ShangriLa Asia 1354 -38.7 -14.7 Goodpack W*****0 70 -33.0 -32.0 Creative
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    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 6 WEEKLY
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    • Article
      Lock icon Lowest PTB portfolio
      164 8 DEC 3 BID PRICE VALUE WEEK-ON-WEEK CHANGE United Fiber System 0.030 11.1 2,700 Golden Agri-Resources 0.705 5.2 19,740 Anwell Tech 0.260 4.0 4,316 Tuan Sing 0.270 3.8 14,040 Samudera Shipping 0.140 3.7 4,200 Hotung Investment 0.122 3.4 5,856 Innotek 0.345 3.0 4,830 Bonvests 0.885 2.9 7,965 Metro
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    • Article
      Lock icon Highest dividend yields
      170 8 DEC 3 BID PRICE VALUE WEEK-ON-WEEK CHANGE Silverlake Axis 0.295 9.3 9,735 Hong Leong Asia 1.610 7.0 11,270 CWT 1.025 3.5 12,300 Hotung Investment 0.122 3.4 8,662 Innotek 0.345 3.0 4,830 Nera Telecoms 0.375 2.7 8,250 UOB-Kay Hian 1.540 2.7 7,700 Jaya Holdings 0.430 2.4 2,580 Metro
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    • Article, Illustration
      Lock icon Top losers outshine other portfolios
      391 8  -  TEH HOOI LING Senior Correspondent MARKETS cheered as investors grasped at signs that the eurozone may be approaching an interim solution for its debt crisis. The Straits Times Index surged some 5 per cent. Singapore’s performance, however, paled slightly when compared to Wall Street where
      391 words
    • Article
      Lock icon Analysts' top recommendations
      164 8 DEC 3 BID PRICE VALUE WEEK-ON-WEEK CHANGE Noble Group 1.225 16.1 13,252 Biosensors 1.400 6.1 28,000 Golden Agri-Resources 0.705 5.2 19,740 ASL Marine 0.505 5.2 4,545 Bukit Sembawang 4.150 2.7 4,150 The Hour Glass 1.065 2.4 9,585 Rotary Engineering 0.580 1.8 9,280 Lippo-Mapletree Trust 0.365 1.4 5,840
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    • Article
      Lock icon Biggest upgrades in analysts' sentiment
      147 8 sentiment VALUE DEC 3 BID PRICE WEEK-ON-WEEK CHANGE Stats Chippac 0.445 7.2 3,115 China Taisan 0.092 7.0 3,680 UIC 2.750 5.4 11,000 Macquarie Int'l Infrastr 0.550 4.8 7,700 FSL Trust 0.295 3.5 3,245 Dairy Farm 10.980 1.8 10,980 Sunvic Chemical 0.475 1.1 14,250 People's Food
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    • Article
      Lock icon One-year top losers
      145 8 DEC 3 BID PRICE VALUE WEEK-ON-WEEK CHANGE Reyphon Agriceutical 0.130 52.9 26,000 Novo Group 0.195 25.8 12,870 JEL 0.009 12.5 2,250 Synear Food 0.118 9.3 3,540 Cosco 0.905 8.4 5,430 Ausgroup 0.335 8.1 12,395 C&G Industrial 0.127 5.8 9,652 Mirach Energy 0.094 2.2 9,400 MoyaDayen 0.056 1.8
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    • Article
      Lock icon Lowest forward PEs
      154 8 DEC 3 BID PRICE VALUE WEEK-ON-WEEK CHANGE Hupsteel 0.193 20.6 5,983 China Fishery 0.920 8.9 8,280 Swiber 0.550 7.8 5,500 China Taisan 0.092 7.0 3,680 Hong Leong Asia 1.610 7.0 11,270 ASL Marine 0.505 5.2 4,545 Sakari Resources 2.020 4.7 10,100 CWT 1.025 3.5 14,350 SC Global
      154 words
    • Article
      Lock icon Director buying slows, but buyers outperform sellers
      1603 8  -  INSIDE MARKETS By ROBERT HALILI The writer is managing director at Asia Insider Ltd BUYING slowed while selling among directors remained very low, based on filings on the Singapore Exchange from Nov 28 to Dec 2. Buyers outweighed sellers with 20 companies that
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  • Page 9 Advertisements
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      47 9 How to run a business without running out of ideas SME Nov/Dec issue out now! Available at Caltex, Esso, Shell and SPC petrol stations, 7 Eleven and Cheers stores and leading bookstores To subscribe ($30 for six issues delivered to your office or home), please call 6388-3838
      47 words
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      247 9 WHAT WILL YOU DO ABOUT IT? m I, A 'M' Y$, mm BE EMPOWERED. There are opportunities in every market. The challenge is discovering where they are. Intelligent investors use Saxo's leading trading and advanced research tools to find them. Backed by our award-winning technology, products and services, Saxo gives
      247 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Happy holidays for retailers
      363 10  -  By ARTHUR LEE A FULL carpark at a shopping mall is a good sign for retailers, if not for shoppers. Brightly adorned with the colours of Christmas, the malls are pulling in the crowds as shoppers’ spirits warm up for the festive season. The general consensus
      ARTHUR LEE  -  363 words
    • Article
      Lock icon DB Platinum
      17 10 Branchen Stars R1C-A 28/11/2011 133,24 EUR db X-MACRO Trading Index Fund I4D 23/11/2011 97,62 GBP
      17 words
    • Article, Illustration
      Lock icon Co-ops must be mindful of risks
      344 10  -  They have to be responsible lenders, borrowers and investors: Heng By EMILYN YAP COOPERATIVES in Singapore must be more careful about financial risks amid uncertainties in the global economy, said Education Minister Heng Swee Keat yesterday. Not only do they have to be responsible
      FILE PHOTO  -  344 words
    • Article
      Lock icon DIVIDENDS ANNOUNCED
      564 10 Payment Ex Books Pay Ann (cts) date close date date Action Asia aw 0.400 05-Dec 07-Dec 20-Dec 21-Nov AIMS Amp Cap Ind Reit ag 2.500 18-Oct 20-Oct 07-Dec 07-Oct Asia Pac Brew ak 63.000 25-Jan 27-Jan 13-Feb 11-Nov Asia Pac Brew bh 15.500 25-Jan 27-Jan 13-Feb 11-Nov Ausgroup
      564 words
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      7 10 Bankloans slowdown after sharp rise Impactonearningsmaydifferbetweenbanks Tosubscribe,call6388-3838orgotosphsubscription.com.sg
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      19 10 hri 11 hris mas 11 h ma hri 11 11 e as a e C xe 11 e mas
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      354 10 Luxe Christmas 2011 Luxe Christmas 2011 Luxe Christmas 2011 Luxe Christmas 2011 Luxe Christmas 20 11 mas 2011 Luxe Christmas 2011 Luxe Christmas 2011 Luxe Christmas 2011 Luxe Ch ri Christmas 2011 Luxe Christmas 2011 Luxe Christmas 2011 Luxe Christmas 2011 Lu stmas 2011 Luxe Christmas 2011 Luxe Christmas 2011
      354 words
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  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • Article, Illustration
      Lock icon Take a look at Asian corporate bond funds
      980 11  -  They offer a good investment choice as they are more stable than equities, says TEH SHI NING IT has been a stormy few months Greece on the brink of default, Italian government bond yields soaring to dangerous levels and fears of contagion
      AFP  -  980 words
    • Article, Illustration
      Lock icon A green tech firm that helps you cut bills
      1243 11  -  Chloros co-founder Peter Goh was a businessman first and environmentalist later, reports STARTING YOUNG TEH SHI NING WHEN he knocked on doors to introduce his year-old business, Chloros Solutions director Peter Goh learnt that the opening line “Hi, I’m from a
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    • Article
      Lock icon Use a cash flow statement to make a better investment
      413 11 ASK DR INVEST Q: I am an investor who regularly keeps an eye on macro and micro issues. However, I do look at financial data such as low PE, PB, NAV, stable dividend and also balance sheet of companies. Recently,
      413 words
    • Article
      Lock icon Get started now
      274 11 ‘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
      274 words
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      51 11 The Business Times-Citibank Young Investors’ Forum is published every Monday. It aims to raise the financial awareness of young adults, especially tertiary students, and empower them with the financial knowledge and skills vital to making investing and wealth management decisions. The forum is part of Citibank’s efforts to promote financial
      51 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon Markets pricing in an ECB rate cut this week
      683 12 ‘Unconventional measures’ to be closely watched AFP [FRANKFURT] The European Central Bank is expected to cut its key interest rates for the second time in two months this week as EU leaders battle to find a solution to the long-running debt
      AFP  -  683 words
    • Article
      Lock icon Europe again looks for an IMF role to resolve eurozone crisis
      965 12 Fund may be asked to ensure budgetary restraint, monitor reforms in EU states NYT [WASHINGTON] Leaders in Europe are looking outside the continent for help solving the longstanding crisis over the euro, but while the International Monetary Fund may
      NYT  -  965 words
    • Article
      Lock icon Central bank action no big help to Europe
      500 12 It may not stop credit crunch as banks aren’t too keen to tap US$ source AFP [PARIS] Coordinated action by the world’s top central banks to step up dollar lending, which sent markets soaring, will help little to prevent European banks from
      AFP  -  500 words
    • Article, Illustration
      Lock icon Ireland braced for fresh austerity budget
      461 12 AFP [DUBLIN] Ireland unveils a fresh austerity budget this week as the indebted nation looks to claw back 3.8 billion euros (S$6.5 billion) via spending cuts and tax hikes, with its recovery threatened by the eurozone crisis. Today, the government will announce cuts to
      AFP  -  461 words
    • Article
      Lock icon Brighter US data fails to convince wary economists
      473 12 Previous calls of recovery turn out to be premature Bloomberg [WASHINGTON] After concern last summer of an imminent double-dip recession in the United States, the data got a bit brighter in the fall. The economy grew faster than expected in the third
      Bloomberg  -  473 words
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  • MALAYSIA
    • Article, Illustration
      Lock icon Will push to end gas subsidy bear fruit at last?
      664 13  -  Political realities could see era of cheap gas persist for some time MALAYSIA INSIGHT PAULINE NG KL Correspondent ‘THE era of cheap and subsidised gas is over,” observed Petronas president and chief executive Shamsul Azhar Abbas last week. It is
      664 words
    • Article
      Lock icon BURSA MALAYSIA
      1823 13 VOL Dec 2 RM +/-(‘000) A M Realty 0.44 unch 0 Abric Bhd 0.33 0.01 824 Advance Synerg 0.20 unch 1282 Adventa Bhd 1.64 -0.05 27 Ae Multi Hldgs 0.29 0.01 291 Affin Holdings 2.99 0.05 1589 Ahmad Zaki Res 0.67 -0.01 13 Aic Corp 1.20 unch 0
      1,823 words
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      90 13 MATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices We've made a haul! Share the good news with your investors financial statement? Call 1800 289 8822 or email notices@sph.com.sg to book your advertisement in our newspapers now. NOTICES 3 FIND THE ONES THAT FIT! u Recruit the right people through CATS
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      56 14/15 LIVE FOR GREATNESS THE DATEJUST SPECIAL EDITION I h to I I Kee Hing Hung Pte. Ltd. People's Park Complex, #02-21/22. Tel: 6534 2202. Watch Palace Pte. Ltd. Lucky Plaza, #01-01/02. Tel: 6735 5151. a 1 m a SUPERLATIVt CHRONOMETER OFFICIAL!/ CERTIFIED 1 t VjBBy rr J VISPBI'I i®a«, WW
      56 words
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  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon India to ‘pause’ move to open up retail market
      745 16 Official statement on embarrassing govt u-turn likely today, says source Reuters [MUMBAI] India has put a plan to open up its retail industry to foreign supermarkets on hold, a senior government source said yesterday, an embarrassing turnaround for a beleaguered government
      Reuters; AP  -  745 words
    • Article, Illustration
      Lock icon Chow Tai Fook eyes HK$22b IPO
      483 16 Jewellery chain’s IPO will be biggest in HK this year Bloomberg [HONG KONG] Chow Tai Fook Jewellery Group Ltd, controlled by real estate billionaire Cheng Yu-tung, aims to raise as much as HK$22 billion (S$3.6 billion) in what may be Hong Kong’s biggest initial
      Bloomberg; BLOOMBERG  -  483 words
    • Article
      Lock icon China says ITC ruling shows protectionism
      683 16 US trade board imposes tariffs on Chinese solar panels Bloomberg [BEIJING] China said that a preliminary ruling by a US trade panel that imports of Chinese solar panels are harming the domestic industry shows the country’s “inclination to trade protectionism”. The US International Trade
      Bloomberg  -  683 words
    • Article
      Lock icon Australia’s ruling party overturns India uranium ban
      405 16 AFP [SYDNEY] Australia’s ruling Labor Party voted yesterday to lift a longstanding ban on exporting uranium to India after a passionate debate about nuclear weapons and reactor safety following Japan’s quake crisis. Labor passed Prime Minister Julia Gillard’s proposal with 206 votes to
      AFP  -  405 words
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  • WORLD
    • Article
      Lock icon Rio expects commodity price swings in 2012
      705 17 Analysts cite possible dissolution of EU and a hard landing in China Bloomberg [SYDNEY] Rio Tinto Group, the world’s third-largest mining company, expects further volatility in metal prices as markets weigh global economic prospects for next year. “We should expect more of these
      Bloomberg  -  705 words
    • Article, Illustration
      Lock icon Japan’s tax increase plan snubbed in poll
      382 17 AFP [TOKYO] Japanese Prime Minister Yoshihiko Noda’s plan to raise the consumption tax has proven unpopular in a poll which showed deep public distrust with established political parties, a report said yesterday. A telephone poll, conducted by Kyodo news agency over the weekend,
      AFP; AP  -  382 words
    • Article
      Lock icon Hana expects to close KEB takeover by year-end
      291 17 Reuters [SEOUL] The chairman of South Korea’s Hana Financial Group yesterday said that he expected to complete its acquisition of Korea Exchange Bank (KEB) by the end of this year, a deal that would boost its presence in the country’s highly competitive
      Reuters  -  291 words
    • Article, Illustration
      Lock icon Italian budget meet brought forward
      718 18 Budget plan to include income tax rise, pension system overhaul: sources Bloomberg AFP [LONDON] The Italian cabinet yesterday unexpectedly brought forward a meeting that was scheduled for today, which may see it approve new budget cuts and tax increases valued at 24 billion euros (S$41.3
      Bloomberg; AFP  -  718 words
    • Article
      Lock icon Emerging country debt attracting investors
      559 18 AFP [PARIS] The bonds of emerging countries, which have been following sounder policies than the United States and eurozone, are attracting investors seeking to diversify risks as well as earn high returns. Today emerging markets represent 10-15 per cent of the global debt market, up
      AFP  -  559 words
    • Article, Illustration
      Lock icon WHAT PRICE ELEGANCE?
      58 18 [LONDON] A Sotheby’s employee looking at a painting by Dutch artist Jan Havicksz Steen entitled ‘An Elegant Company in an Interior with Figure Playing Cards at a Table’ at Sotheby's auction house. The painting, which is to be auctioned on Wednesday, is expected to sell for some
      AP  -  58 words
    • Article
      Lock icon EU regulators share blame for Greek crisis: Papandreou
      308 18 Bloomberg [WASHINGTON] Former Greek Prime Minister George Papandreou said that European Union regulators and credit rating agencies bear some blame for his nation’s debt crisis. Mr Papandreou, who resigned last month, said of the debt crisis that his predecessors “didn’t really see
      Bloomberg  -  308 words
    • Article
      Lock icon Modest Wall St bonus season could yield fortunes later
      758 18 Cheap stock doled out now could zoom in value in time NYT [NEW YORK] Buffeted by lacklustre profits and turmoil in the global markets, Wall Street is bracing for one of the worst bonus seasons in recent memory. But in the
      NYT  -  758 words
    • Article
      Lock icon Crunch week for the euro as leaders meet
      408 18 AFP [PARIS] One way or another, this is crunch week for the euro. By the end of the EU summit on Friday, European voters and markets will know how their leaders plan to save the single currency bloc. The outlines of a
      AFP  -  408 words
    • Article
      Lock icon Germany open to Commerzbank nationalisation
      479 19 Govt will reactivate bank rescue fund to buy up more shares, says Der Spiegel Reuters [BERLIN] Germany is open to a nationalisation of Commerzbank if the country’s second-biggest bank cannot raise sufficient capital next year, Der Spiegel weekly reported yesterday. If the lender fails to
      Reuters  -  479 words
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      Lock icon Barclays to pay staff £5b in salary, bonus
      536 19 Bloomberg Reuters [LONDON] Barclays plc plans to pay its investment bankers £5 billion (S$10 billion) in salaries, bonuses and perks this year, the Sunday Times reported, even as the Bank of England seeks a limit on payouts. The sum is equivalent to
      Bloomberg; Reuters  -  536 words
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      Lock icon Russians may hand Putin vote setback
      553 19 Bloomberg [MOSCOW] Russians may hand Prime Minister Vladimir Putin his first electoral setback in a parliamentary vote yesterday as discontent spreads over the government’s shortcomings in curbing corruption and jumpstarting wage growth. Putin’s United Russia party may win about 53 per cent of the
      Bloomberg; AFP  -  553 words
    • Article
      Lock icon Cain suspends his US presidential campaign
      507 19 He cites ‘false, unproved’ charges of adultery AFP [ATLANTA] Republican White House hopeful Herman Cain has effectively ended his US presidential bid, citing the painful toll of “false and unproved” allegations of sexual harassment and adultery. Appearing defiant but clearly upset, the former pizza
      AFP  -  507 words
    • Article
      Lock icon SAP challenges Oracle with US$3.4b deal
      423 19 Bloomberg [FRANKFURT] SAP AG, the largest maker of business management software, has agreed to buy SuccessFactors Inc for US$3.4 billion in cash, stepping up competition with archrival Oracle Corp in the cloud-comput-ing market. SAP will pay US$40 a share for San Mateo, Cali-fornia-based SuccessFactors,
      Bloomberg  -  423 words
    • Article
      Lock icon Thai King’s birthday pardon excludes Thaksin
      203 19 AFP [BANGKOK] An annual royal pardon granted to thousands of convicts to mark the revered Thai king’s birthday this week will not include fugitive ex-premier Thaksin Shinawatra, the prisons chief said yesterday. Media reports emerged last month saying that the Cabinet had endorsed a
      AFP  -  203 words
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      47 17 WE'RE AT HOME WHEREVER OUR CLIENTS ARE AT HOME. Distinctively From Asia to Europe, our global network and unique insights help clients everywhere take their business and investments anywhere. T piV[n"ro'Q"n Look for new insights and perspectives every week on jpmorganglobal.com or by scanning the QR code.
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      67 18 r TOPPING OUT Sets appeal Mentawais' seismic surf SUMMITTING EVEREST FROM TIBET Rainbow walls 4 reef highlights +1 Nepal's summit-to-sea adventurer Race review from Wulong I r* Asia's best outdoors magazine Now with a great new look! Get the latest copy today! Ask your local bookshop or make sure of
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      171 19 WATS NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF Twinocean Marine Services Pte Ltd (In Creditors' Voluntary Liquidation) Reg. No. *****5799R NOTICE OF RESOLUTION At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 8 Wilkie Road #03-08 Wilkie
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      271 19 In the Matter of the Companies Act, Cap. 50 AND SUM YANG GAI (S) PTE LTD Company Registration No. *****8078R (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of the Company duly convened and held at 33 Ubi Ave 3 #03-08 Vertex, Singapore *****8 on the 30th day of
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      307 19 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SUPRA HEALTHCARE PTE. LTD. (In Members’ Voluntary Liquidation) (Co Reg No. *****4105D) At an Extraordinary General Meeting of the Members of SUPRA HEALTHCARE PTE. LTD. duly convened and held at 35 Selegie Road, #04-06 Parklane Shopping
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  • AVIATION/SHIPPING
    • Article
      Lock icon A350 missing from EU’s compliance plan
      827 20 Washington could request another WTO panel to arbitrate the EU’s compliance Reuters [GENEVA] The world’s biggest trade dispute, an Euro-pean-US dogfight over subsidies for planemakers Airbus EAD and Boeing, is set for another round after the European Union told the World Trade Organization (WTO)
      Reuters  -  827 words
    • Article
      Lock icon TRANSPORT ST0CKS
      278 20 SGX '000 Dec 2 S$ +/-Vol CH Offshore 0.36 -0.01 52 Chuan Hup Hldg unch unch 0 Cosco Corp 0.91 0.01 4216 CWT Ltd 1.02 -0.01 12 Ezra Hldgs 0.91 0.02 1826 First Ship Lea 0.30 unch 692 Freight Links 0.06 unch 607 Grand Banks unch unch 0
      278 words
    • Article
      Lock icon Fitch may cut US airport bonds
      417 20 Bloomberg [NEW YORK] Airport bonds from Miami to Chicago and Dallas may be cut by Fitch Ratings, which changed its outlook for the debt to negative, citing AMR Corp’s bankruptcy. Airfields serving all three cities are vulnerable to schedule changes as AMR’s American Airlines
      Bloomberg  -  417 words
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      Lock icon Ore carrier rents up the most in three months
      495 20 Bloomberg [LONDON] The cost of hiring capesize vessels to load cargoes at Pacific Ocean ports climbed the most in three months last week as mining companies paid more to book ships before Christmas. Daily rents for capesizes in the region advanced
      Bloomberg; BLOOMBERG  -  495 words
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      Lock icon Macquarie: Box rates may rise after alliance
      411 20 Vessel-sharing tie-up between industry’s 2nd and 3rd-largest companies Bloomberg [LONDON] Container-ship-ping rates may rise on routes to northern Europe from Asia following a ves-sel-sharing alliance between the industry’s second- and third-largest companies, said Macquarie Capital (Europe) Ltd. The accord announced on Thursday last
      Bloomberg; BLOOMBERG  -  411 words
  • Page 20 Miscellaneous
    • Miscellaneous
      Lock icon Page 20 Miscellaneous Column 1
      329 20 CRYPTIC CROSSWORD Across 1 Facing counter concealing it (8) 5 Aim to lodge a protest (6) 10 Clergyman from another country, one high up in government (7,8) 11 Arousing intense feeling in English grounds (7) 12 Expresses pleasure about Italian returning piece of tack (7) 13 Film buff attends revolutionary
      329 words
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  • DINING OUT
    • Article, Illustration
      Lock icon Running the gamut with round two
      706 21  -  By Debbie Yong NEW RESTAURANT Skyve 10 Winstedt Road Block E #01-17 Tel: 6225-6690 THEY made a name for themselves for their masterful sous vide dishes when that cooking trend was scorching hot last year. But now that the French term (for vacuum packing
      706 words
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      Lock icon Good food, good value
      732 21  -  By Cheah Ui-Hoon Zaffron Kitchen 135/137 East Coast Road Tel: 6440 6786 THE thing about eating Indian in Singapore is that while Southern Indian food is usually pegged at local hawker food prices, Northern Indian fare tends to be much more “upper class” in its pricing
      732 words
  • Page 21 Advertisements
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      203 21 s I 0 ki v V BRING ON THE HOLIDAY CHEER WITH FESTIVE OFFERINGS AT MANDARIN ORCHARD SINGAPORE! > triple HERALDING CHRISTMAS three Choose from the selection of festive goodies that will set the sweet tone for Christmas. Look forward to all-time-favourites such as Salmon Wellington in Brioche, signature Honey
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      27 21 Over 1 20,000 downloads! 913FM Stilus... Get your f 1*66 iPhone/iPad app now! •as of 17th Oct 2011 91.3FM TGDJY'S BEST MUSIC Available on the App Store
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      8503 22 Week ended: Dec 2 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 11.6 8Telecom 15.5 6.1 13.5 7.8 3.9 3.2 74.2 9.5 4.1 A-Sonic 5 +0.5 329 5 4.4 4.5 5 2.6
      8,503 words
    • Article
      Lock icon SGX CATALIST
      1719 23 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 12.1 t 800 Super 12.1 -0.6 106 12.7 12.1 12.3 13.5 4.7 4.5 4.7 21.6 5.5 2.5 t AA Grp 3.3 2.6 3.2
      1,719 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      114 23 Stock name Close Change CapMallsAsia 1.295 +0.015 CapitaLand 2.630 +0.050 CapitaMall 1.810 +0.035 CityDev 10.300 +0.110 ComfortDelGro 1.410 +0.005 DBS Grp 12.800 -0.010 F&N 6.430 +0.140 GLP 1.810 -0.010 Genting SP 1.570 +0.030 Golden Agri 0.710 -0.005 Stock name Close Change HK Land 4.760 -0.020 JMH
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    • Article
      Lock icon GLOBALQUOTE
      255 23 52-Wk Last Vol Week Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 55.5 34 AVJennings A34 35.5 44 3.6 10.3 2.7 88.5 49 25.5 Genting HK US$ US29 +1 ***** 29 27.5 28.5 29 1909.5 15 10 OGL Resources
      255 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 23 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 9 5 3 0 0 0 9 5 3 Manufacturing 89 64 30 10 9 9 99 73 39 Commerce 34 25 16 6 7 2 40 32 18 Tpt/Stor/Comms 34 9 3
      186 words
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      Lock icon SGX ETF
      982 23 52-Wk Last Vol Week Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 130 108 ABF SG Bond ETF 117 116.4 118.9 534.1 1261 856 CIMBAsean40 100US$ US981 +63 24 1004 933 975 979 39.2 ***** ***** DBXT AUD
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      121 23 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 105,857 105,857 410,740 410,740 Manufacturing 756,331 312,661 1,068,992 764,860 970 765,830 Commerce 696,183 41,367 737,550 814,532 2,633 817,165 Tpt/Stor/Comms 496,662 86,545 583,207 732,201 9,651 741,852 Finance 105,702 105,702 888,302 888,302 Construction 227,620 77,431 305,051 58,831
      121 words
    • Article
      Lock icon STOCKS ASIA
      2610 23 Transaction date: Dec 2 HONG KONG Vol HK$ +/-'000 Aeon Credit 5.65 unch 0 Aeon Stores 17.70 unch 0 Angang Steel 5.33 -0.11 ***** Anhui Conch 26.30 -0.65 ***** Anhuiexpresswa 4.78 -0.05 971 Asia Satellite 15.44 0.04 1 Asm Pacific 87.05 0.55 412 Bank Of E Asia 28.05
      2,610 words
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      26 23 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
      373 24 In local curr In S$ In US$ dy yr dy yr dy yr Dec 2 Index Change Change Change Change Change Change World Preliminary 831.6 0.6 -7.4 0.6 -6.8 0.5 -7.0 EAFE Preliminary 688.2 0.9 -14.1 0.7 -13.0 0.6 -13.1 Europe Preliminary 1022.3 1.0 -12.5
      373 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      77 24 CRUDE OIL PRODUCTS Dec 1 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 108.66 -2.08 WTI (Near Mth) 100.01 -0.41 Dubai (1-Mth F) 106.98 -0.43 Tapis blend 118.01 -0.08 Minas 115.41 -0.08 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 96.61 0.14 Jet Kerosene 125.52 0.17 US$/barrel Opec Oil
      77 words
    • Article
      Lock icon CHICAGO BOT
      107 24 Dec 2 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jan 12 1135.75 1128.00 1144.50 1128.25 Mar 12 1146.25 1138.50 1154.75 1138.75 May 12 1156.25 1149.00 1165.00 1149.50 Jul 12 1166.25 1158.75 1175.00 1159.75 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Dec 11 50.05
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    • Article
      Lock icon GOVERNMENT SECURITIES
      81 24 Dec 2 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****V 01.03.2012 0.32 1-Year BY*****W 01.11.2012 0.31 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year NX*****Z 2.250 01.07.2013 103.16 103.24 103.24 5-Year N*****0W 1.125 01.04.2016 102.21 102.35 102.34
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    • Article
      Lock icon SGX DERIVATIVES TRADING
      454 24 Dec 2 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Dec11 99.4525 0 3256 Mar12 99.3700 0 3730 Jun12 99.3300 0 553 Sep12 99.3100 0 603 EUROYEN TIBOR FUTURES Dec11 99.6725 2000 4632 Mar12 99.6625 0 1937 Jun12 99.6650 0 1440 Sep12 99.6625 0 711 Dec12 99.6650
      454 words
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      Lock icon SMX MARKET UPDATE
      128 24 As on 2 December 2011 www.smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE VOL (in Lots) PRECIOUS METALS GOLD FUT FEB2012 1766.10 1744.80 1751.00 128 SILVER FUT MAR2012 33.455 32.785 32.670 40 CURRENCY AUD-USD FUT DEC2011 1.0280 1.0191 1.0209 2864 EUR-USD FUT DEC2011 1.3548 1.3368 1.3390 6152 GBP-USD FUT
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      Lock icon SGX FUTURES
      147 24 Dec 3 SICOM RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Jan 12 341.0 340.9 341.0 18 305 Feb 12 342.0 223 Mar 12 346.7 297 Apr 12 356.0 144 May 12 358.7 253 Jun 12 359.5 185 Jul
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      Lock icon LONDON METALS
      71 24 Dec 2 Dec 2 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2125.50 2138.25 3 months 2130.00 2145.00 Copper, Grade A (US$/tonne) Cash 7862.75 7763.00 3 months 7890.00 7790.00 Lead (US$/tonne) Cash 2090.25 2085.75 3 months 2110.00 2105.00 Nickel (US$/tonne) Cash *****.25 *****.00 3 months *****.00 *****.00 Tin (US$/tonne)
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    • Article
      Lock icon LIFFE
      82 24 Dec 2 COCOA (£/tonne) Close Prev High/Low Dec 11 1402 1429 1443/1399 Mar 12 1435 1460 1475/1429 May 12 1452 1477 1490/1448 Jul 12 1468 1493 1506/1464 COFFEE (US$/tonne) Close Prev High/Low Jan 12 1955 1993 2014/1952 Mar 12 1989 2027 2048/1987 May 12 2017 2054 2075/2015 Jul 12
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    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      2193 24 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 2 1 150 55 49.00 29 ASJ Hldgs W*****1 0.1 1 4 21 34.00 2 AlliedTech W*****2 1.7 1 4 23 Aztech Grp W*****3 0.2 -0.2 494 1
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    • Article
      Lock icon INTERBANK CROSS RATES
      464 24 Dec 2 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.039 6.520 0.760 7.967 52.588 93.147 0.797 11.598 3.207 1.311 91.169 44.347 1.316 8.276 0.938 30.905 31.632 0.653 1.025 Canada 0.963 6.277
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    • Article
      Lock icon SIBOR
      82 24 Dec 2 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 1.***** 0.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths
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    • Article
      Lock icon PRECIOUS METALS
      138 24 Dec 2 GOLD (US$/oz) Dec 02 Dec 01 Hong Kong 1750.00 1745.40 Dec 01 Dec 02 London 1744.65 1746.30 1745.65 1747.33 Source: Thomson Reuters CAST BAR Dec 02 (S$) Selling Buying Kilobar 77,028.23 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 173 72 5gm 490 359 10gm 875
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    • Article
      Lock icon PALM OIL
      57 24 Dec 2 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Dec 11 3020 3040 3035 3005 754 1621 Jan 12 3061 3066 3071 3030 1616 ***** Feb 12 3065 3062 3075 3035 ***** ***** Mar 12 3066 3060
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    • Article
      Lock icon STOCK INDEX FUTURES
      24 24 Dec 2 Open High Sett STI Dec 2765 SIMSCI Dec 314.6 316.5 315.9 Taiwan Dec 257.4 259.6 255.0 Source: SGX Derivatives
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      154 24 Dec 2 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.3157 1.3173 1.0245 1.0255 Canadian dollar 1.2670 1.2678 0.9866 0.9870 Euro 1.7314 1.7321 1.3482 1.3485 NZ dollar 1.0035 1.0044 0.7814 0.7819 Sterling pound 2.0161 2.0172 1.5699 1.5704
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    • Article
      Lock icon US$/S$ FORWARD RATES
      22 24 Dec 2 S$ Bid Offer 1-month 1.2842 1.2845 2-months 1.2841 1.2844 3-months 1.2838 1.2841 6-months 1.2819 1.2825 Source: OCBC
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    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 24 As at 9am Dec 02 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.342 1.279 Can dollar 1.289 1.24 Euro 1.76 1.693 Sterling pound 2.05 1.972 NZ dollar 1.029 0.98 US dollar 1.303 1.253 Local dollars to 100 units of foreign
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    • Article
      Lock icon INTERBANK RATES
      156 24 Dec 2 Dec 2 $S Offer Bid 0vernight 0.02 0.01 1-month 5/16 3/16 2-months 5/16 3/16 3-months 5/16 3/16 Overnight mode: 0.02 US$ Offer Bid 7 days 0.30 0.20 1 month 0.50 0.30 2 months 0.55 0.35 3 months 0.65 0.45 6 months 0.85 0.65 9 months 1.05
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  • Article
    Lock icon THE BUSINESS TIMES SHIPPING TIMES
    4600 25 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
    4,600 words
  • Page 25 Advertisements
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      26 25 Experienced ship maintenance services wanted. Can they find your services here in the Shipping Times? To All Shipping Advertisers: Please call Joe Wong at 9620 1327
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  • Page 26 Advertisements
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      162 26 Shipping lines seeking reliable logistics partners Can they find your services Here in the Shipping Times? Can they -Find your services Here in the Shipping Times? THE BUSINESS TIMES SHIPPING TIMES ADVERTIS JOE WON AT 9620 1 Announce Your Corporate Developments Come publicise your Corporate Developments, Corporate Image, Company Anniversaries,
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  • BizIT THE BUSINESS OF INFOCOMM TECHNOLOGY
    • Article, Illustration
      Lock icon Lenovo continues aggressive PC climb
      818 27  -  Bucking slowdown elsewhere, it enjoys brisk sales in region as well as Singapore By VICTORIA HO RIDING on a booming personal computer market in Asia, Lenovo is sticking to what it knows best, leaving an aggressive tablet strategy for another day. Speaking to BizIT, Koh
      818 words
    • Article
      Lock icon CIOs’ priority shifts to business services delivery optimisation
      495 27  -  By DOLLY CHIA INFORMATION technology (IT) is experiencing a transformative moment where chief information officers’ (CIO) focus is shifting from managing infrastructure, maintenance and operations to optimising the delivery of business services for innovation and growth. Just as at Facebook and Google,
      495 words
    • Article
      Lock icon The cloud is here and now
      837 27  -  Jumping to the cloud is not as daunting as it may seem to many <you say> By DAMIEN WONG The author is general manager for Asean, Red Hat Asia-Pacific SOME might forgive you for thinking that window shopping for cloud computing opportunities makes you
      837 words
    • Article, Illustration
      Lock icon Nokia, Motorola attempt to recapture past glory with Razr, Lumia phones
      744 27 Both phones are physically distinctive and solid performers Bloomberg [SAN FRANCISCO] Until Apple rewrote the rules, Nokia and Motorola were two of the biggest names in wireless phones. Now, both are attempting to recapture a little past glory. Motorola
      Bloomberg  -  744 words
    • Article
      Lock icon Aussie court extends ban on Samsung’s Galaxy 10.1
      332 27 Apple wins stay of order till Friday’s appeal hearing AFP [SYDNEY] Australia’s High Court on Friday extended a ban on selling Samsung’s Galaxy 10.1 tablet for at least another week, despite a lower court allowing the device to compete in stores with
      AFP  -  332 words
    • Article
      Lock icon US judge rejects Apple’s injunction request
      201 27 AFP Reuters [SEOUL] Samsung on Saturday welcomed a ruling by a US court rejecting Apple Inc’s request for a preliminary injunction against sales of some of its Galaxy smartphones and tablet computers. Samsung said US District Judge Lucy Koh in San Jose, California, had
      AFP; Reuters  -  201 words
    • Article, Illustration
      Lock icon BI investment bucks recession fears
      861 28  -  Realising their importance, Singapore firms continue to invest in BI tools despite 2012 worries, writes AMIT ROY CHOUDHURY SINGAPORE companies are increasingly recognising the competitive advantage that business intelligence (BI) tools provide in giving real-time business insights. However, according to industry watchers, while BI tools
      861 words
    • <what’s up>
      • Article
        Lock icon Sinha is Tellabs VP of sales
        32 28 TELLABS has named Sharat Sinha vice-president of Asia-Pacific sales. Based at the company’s Singapore headquarters, he reports to the executive vice-president of global sales and services.
        32 words
      • Article
        Lock icon Akamai has new HR director
        22 28 WEB acceleration firm Akamai has appointed Rachael Fitzpatrick as Human Resource director for the Asia-Pacific Japan region.
        22 words
      • Article
        Lock icon Numara expands here
        28 28 NUMARA Software has set up an office in Singapore, with Atul Sinha appointed head of Asian operations. The company is an IT services management provider.
        28 words
      • Article
        Lock icon Netbiscuits opens S’pore arm
        27 28 NETBISCUITS has expanded operations to Singapore, establishing a software development hub that will drive its Asia-Pacific efforts. It provides mobile publishing software services.
        27 words
      • Article
        Lock icon Targus releases more products
        56 28 COMPUTING accessory maker Targus has released a wireless mouse and laptop mat for the festive season. The mouse ($29.90) can be used on shiny or rough surfaces more accurately, and the laptop chill mat ($39.90) allows you to use your laptop on the go, or on
        56 words
      • Article
        Lock icon New BlackBerry Bold launched
        29 28 RIM has announced the new BlackBerry Bold 9790 smartphone here. It runs the BlackBerry 7 OS and has a touch display, keypad and optical trackpad.
        29 words
      • Article
        Lock icon Showcasing cloud to SMEs
        41 28  -  Compiled by VICTORIA HO THE Singapore infocomm Technology Federation and Nanyang Polytechnic have launched a cloud centre in the polytechnic. It is aimed at showcasing cloud products and services to raise awareness among small and medium businesses.
        41 words
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      122 28 TREND MICRO IS tt1 IN VIRTUALIZATION SECURITY* 1 NAVIGATE YOUR BUSINESS TO NEW HEIGHTS WITH CLOUD SECURITY SOLUTIONS FROM TREND MICRO Trend Micro allows you to fully capitalize on the operational benefits of virtualization and cloud computing with innovative solutions for security and compliance. These include the first and only
      122 words