The Business Times, 6 February 2012

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Total Pages: 29
1 30 The Business Times
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  • Title Section
    Lock icon Masthead
    25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|£l A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MICA (P) 120/08/2011 Monday, February 6, 2012
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  • Article, Illustration
    Lock icon Restructuring pain unavoidable
    1031 1  -  Govt seen focusing on longer-term initiatives in Budget 2012 By TEH SHI NING [SINGAPORE] Budget 2012 is unlikely to spare companies the pain of restructuring where it is necessary for Singapore’s economy to gear up for the future. Fiscal measures benefiting all companies were rolled out three
    ARTHUR LEE  -  1,031 words
  • Article
    Lock icon Global metal exchanges eye China market
    700 1  -  CME, LME, Nymex in lead to link up with Chinese brokerages By JAMIE LEE [SINGAPORE] Metal exchanges are taking comfort in China’s gradual warming up towards derivatives for hedging purposes, with some expected to woo the world’s biggest consumer of key commodities. China approved
    700 words
  • MARKETS DIGEST
    • Article
      Lock icon MARKETS
      55 1 Weekly Change ST INDEX 2,917.95 +1.69 KL COMP 1,538.77 +17.87 NIKKEI 225 8,831.93 -9.29 HANG SENG 20,756.98 +255.31 SET INDEX 1,098.95 +22.66 JAKARTA COMP 4,015.95 +29.54 MANILA COMP 4,758.57 +78.68 SEOULCOMP 1,972.34 +7.51 SHENZHEN B 593.50 MUMBAI IND 17,604.96 +370.98 DOW 12,862.23 +201.77 NASDAQ 2,905.66 +89.11 S&P 500 1,344.90
      55 words
    • Article
      Lock icon PRIME RATES
      18 1 SINGAPORE 5.38 MALAYSIA 5.55 HONG KONG 5.00 INDONESIA 0.50 TAIWAN 5.036 JAPAN 1.475 KOREA Source: Bloomberg
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    • Article
      Lock icon FOREX
      49 1 US$ S$ US$ (S$ per US$) 1.247 (US$/S$ per 1.582 1.973 EURO (US$/S$/E) 1.315 1.639 Foreign currency per US$ S$ YEN 76.20 61.10 RM 3.014 2.417 HK$ 7.756 6.221 BAHT 30.90 24.78 RUPIAH 8,990 7,210 RENMINBI 6.304 5.056 INDIAN RUPEE 48.89 39.21 A$ 0.935 0.750 NZ$ 1.203 0.965
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      61 1 BizIT Unlock the value of Gen Y workforce PAGE 30 THE HOURGLASS TAKASHIMAYA S.C. KNIGHTSBRIDGE ION ORCHARD TANG PLAZA ORCHARD CENTRAL RAFFLES HOTEL ARCADE MILLENIA WALK ONE RAFFLES PLACE TEL: 6734 2420 TEL: 6884 8484 TEL: 6509 9282 TEL: 6235 7198 TEL: 6337 8309 TEL: 6334 3241 TEL: 6339 4870
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      9 1 DINING OUT Tasty steak at digestible prices PAGE 23
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      11 1 COMMENTARY Penny stock boom poses challenges to investors, SGX PAGE 5
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      34 1 VIEWS FROM THE TOP The promise of Myanmar PAGES 10 11 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. *****1 *****4
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  • TOP STORIES
    • Article
      Lock icon THREE-MINUTE DIGEST
      516 2 Restructuring pain unavoidable BUDGET 2012 is unlikely to spare companies the pain of restructuring where it is necessary for Singapore’s economy to gear up for the future. Businesses may be left to feel enough of a pinch to prod them into rethinking their processes and raising productivity, said
      516 words
    • Article, Illustration
      Lock icon ABSD only a temporary deterrent: consultants
      622 2  -  Rental properties benefit as expats wait for clarity, look out for good buys By MICHELLE TAN [SINGAPORE] The additional buyer’s stamp duty (ABSD) slapped on foreigners has not stopped expatriates from looking for wellpriced buys, say consultants. Said Jones Lang LaSalle’s head of residential
      FILE PHOTO  -  622 words
    • Article
      Lock icon Govt likely to help SMEs cope with rising costs
      872 4  -  But do not expect huge Budget angpows, say panellists BT BUDGET ROUNDTABLE By TEH SHI NING SMEs are complaining about costs but even the bigger companies feel the escalating business costs.” Their views are backed by recent pre-Budget surveys of key
      872 words
    • Article, Illustration
      Lock icon Twenty Anson close to being sold for over $400m
      518 4  -  Price negotiated said to be around $2,120 psf: sources By KALPANA RASHIWALA [SINGAPORE] Discussions are on-going for the potential sale of Twenty Anson near Tanjong Pagar MRT Station at over $400 million, with CapitaCommercial Trust (CCT) tipped as a potential buyer.
      YEN MENG JIIN  -  518 words
    • Article
      Lock icon CCTV video footage not available, MBS tells court
      575 4  -  Retention period elapsed for recording demanded by defence By GRACE LEONG [SINGAPORE] Marina Bay Sands (MBS) has told the High Court that it can’t provide CCTV video footage that a Singapore gambler claims could show the casino violated local gaming laws when
      575 words
    • Article, Illustration
      Lock icon US recovery not foregone conclusion
      869 4  -  Greek talks may yet decide fate of world economy WALL STREET INSIGHT By ROB CURRAN THE long-awaited resurrection of the US labour market drove the stock market to a near four-year high last week and prompted President Barack Obama to say the economic recovery is
      REUTERS  -  869 words
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      10 2 Seminar fees Clientsandalumni S$250 Others S$300 PleasesubmitthisformtoKarinFongbyfaxat+**********orbyemailtokarin.fong@sg.ey.com Alternatively,youcanalsoregisteronlineatwww.ey.com/sg/budget Pleasesendyourpaymentonly afteryouhavereceivedconfirmationofyourregistration.
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      132 2 COMING SOON BSmiDflTER2012 ASIA'S N0.1 WATER WASTEWATER INDUSTRY EVENT THE REGION'S LARGEST V s T f i i vl Pan now to attend ASIAWATER2012 Expo Conference 628 participating companies from 40 countries. National pavilions: Singapore, Taiwan, China, USA, Australia, Europe, Korea, Austria, Denmark, India. 35 papers will be presented at
      132 words
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  • COMPANY NEWS
    • Article
      Lock icon Penny stock boom poses challenges to investors, SGX
      670 5  - Penny stock boom poses challenges to investors SGX HOCK LOCK SIEW By R SIVANITHY WHEN volume and speculative interest in penny stocks take off as they have over the past week, regulators should brace themselves because history has shown they might soon have their work cut out for them. For
      670 words
    • Article, Illustration
      Lock icon Artivision signs MOU on video tech with Intel
      452 5  -  By VEN SREENIVASAN ARTIVISION Technology has inked a memorandum of understanding with Intel Corp in a deal that could provide the Catalyst-quoted company with a strong earnings stream. The company announced yesterday that wholly owned ArtiMedia Pte Ltd had signed the exclusive
      FILE PHOTO  -  452 words
    • Article
      Lock icon PRIME LENDING RATES
      291 5 Feb 3 BANKS Agricultural Bank Of China 5.5 Agricultural Bank Of China 5.5 Banco Bilbao Vizcaya 6 Arab Bank PLC Bank Julius Baer Co. Ltd(S) 5 Banco Bilbao Vizcaya Bank of China Limited 5.5 Bank of Communications 5.5 6 Bank of New Zealand 6.25 5 Bank of
      291 words
    • Article, Illustration
      Lock icon Low activity continues for 2nd week
      1495 7  -  INSIDE MARKETS By ROBERT HALILI The writer is managing director, Asia Insider Limited TRADING among directors remained very low with only 13 transactions worth $4.5 million based on filings on the Singapore Exchange from Jan 30 to Feb 3. The figures were not far
      1,495 words
    • Article
      Lock icon COMPANY MEETINGS
      231 7 COMPANY MEETING PLACE DATE TIME Sinopipe Hldgs E 1 Robinson Rd #18-00 AIA Tower Singapore *****2 10-Feb 10.30am PEC Ltd E 6 Tuas View Circuit, Singapore *****9 10-Feb 2.00pm Pernnial China R Tr E Rooms 325-326, Level 3, Suntec Singapore International Convention Exhibition Centre, 1 Raffles Boulevard, Suntec
      231 words
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      82 5 Experience agility. Get ready to change the game. The new Audi A6 Avant. Be the first to experience how the new Audi A6 Avant is changing the rules of luxury once again. Please visit audi.com.sg/changethegame and book a test-drive slot at your preferred date and time. For further information, call
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  • SINGAPORE MARKETS
    • Article
      Lock icon Euro drops broadly after Greek debt stalemate
      515 6 CURRENCIES Bloomberg [NEW YORK] The euro fell against the yen last week, dropping from a one-month high, as an unresolved Greek debt-swap agreement with private bondholders added to concern that the region’s fiscal crisis is far from over. The 17-nation currency dropped against
      Bloomberg  -  515 words
    • Article, Illustration
      Lock icon Are liquidity and speculative fever enough?
      679 6  -  STOCKS R SIVANITHY Senior Correspondent IT’S not often that the market lives up to expectations, but last week was one such occasion when liquidity provided ample support for blue chips and penny stocks jumped into play exactly as forecast in last week’s column. This
      679 words
    • Article
      Lock icon BROKERS’ RECOMMENDATIONS
      1462 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 9.70 10.21 1.42 0.99 Amtek Engg 2.60 2.60 5 0.08 6.86 0.79 0.72 ARA Asset Mgt 1.63 1.71 8
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    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 6 WEEKLY
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    • Article
      Lock icon OTHER SINGAPORE INDICES
      66 6 Feb 3 VALUE CLOSE BT OB/OS 1163.00 +207.0 BT CADI -*****.00 +136.0 BT 10-day MA -*****.00 +116.0 FTSE ST Mid Cap 658.24 +2.10 FTSE ST Small Cap 452.65 +4.37 FTSE ST All Share 703.57 +3.96 FTSE ST China Top 222.72 +3.51 FTSE ST China 253.87 +3.05 FTSE
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    • Article
      Lock icon MOST ACTIVE STOCKS
      59 6 VOLUME UniFiber 1,018,414,000 GMG Global 789,889,000 MDR 674,014,000 MDR W*****5 639,361,000 Genting SP 578,249,000 Oceanus 448,544,000 AdvanceSCT 392,549,000 Noble Grp 381,854,000 Golden Agri 371,396,000 TopGlobal 369,378,000 VALUE($) Genting SP 935,026,222 Noble Grp 521,325,105 SingTel 498,285,744 Keppel Corp 395,899,273 DBS Grp 323,209,367 Golden Agri 272,932,572 OCBC Bk 256,793,419
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    • Article
      Lock icon Balancing act for traders over US data, $
      523 6 Balancing act for traders over US data, COMMODITIES AFP [LONDON] Commodities mostly fell last week as traders balanced the weaker dollar and stalled Greek debt talks against ongoing Iran tensions and improving global economic data. Some markets trimmed their losses after last Friday’s upbeat non-farm payrolls (NFP) report in the
      AFP  -  523 words
    • Article
      Lock icon RISES
      117 6 BY CENTS CLOSE UP DBXT AUDCS 5US$ *****1021.0 4.0 DBXT Nifty 10US$ ***** 612.1 4.6 DBXT USDIGInfl 5US$ ***** 498.7 1.5 GLD 10US$ ***** 456.3 2.2 DBXT AUD Bonds 5AU$ ***** 318.6 1.4 DBXT FTVietnam 10US$ 2276 241.9 9.3 DBXT iBoxxUSTr 5US$ ***** 223.2 0.9 DBXT AUDCS 5SG$ *****
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    • Article
      Lock icon FALLS
      123 6 BY CENTS CLOSE DOWN DBXT EONIA 5US$ *****-2119.0 -8.5 DBXT E50 10US$ 3592 -53.6 -1.2 SIA 1061 -49.0 -4.4 JMH 5240 -47.4 -0.7 SIA 200 1061 -45.0 -4.1 UOB 5.05%NCPS 100 ***** -30.0 -0.3 HK Land 511 -29.9 -4.5 Keppel Corp 1057 -28.0 -2.6 Kep Corp.ES.1202 1059 -23.0 -2.1
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    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 6 WEEKLY
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    • Article, Illustration
      Lock icon Decent market returns still possible
      1668 8  -  TEH HOOI LING Senior Correspondent THE Straits Times Index has gained 10 per cent so far in 2012. And going by the performance on Wall Street last Friday where the market cheered the Labor Department report of a gain of 243,000 jobs in January, and
      1,668 words
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      146 7 sS X s 4 L r r V 9 Sr s zzm K ry Class r--^- 'r'T 2* 1r rW= mm si ■‘■v-- *TSi T'- 2* The celebrations keep going with the S-Class with a total savings of $80,000. The new generation S 350 L CGI BlueEFFICIENCY conies with free
      146 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Raoul’s silk road to Asia
      696 9  -  Strong customer base in Western markets helped it expand in this region By LESLEY TEOH FOR homegrown fashion label Raoul, the road to China runs through Europe and the United States. Douglas Benjamin, CEO of FJ Benjamin Singapore and co-creative director of Raoul, believes that
      ARTHUR LEE  -  696 words
    • Article, Illustration
      Lock icon MBS show draws its millionth visitor
      257 9  -  By ARTHUR LEE ONE million people have watched Wonder Full, the spectacular nightly light-and-water show at Marina Bay Sands (MBS) since it started two years ago. The lucky millionth visitor was drawn by George Tanasijevich, president chief executive Officer of Marina Bay Sands last
      ARTHUR LEE  -  257 words
    • Article
      Lock icon DIVIDENDS ANNOUNCED
      697 9 Payment Ex Books Pay Ann (cts) date close date date AIMS Amp Cap Ind Reit ag 2.600 03-Feb 07-Feb 20-Mar 20-Jan Ascendas Reit ad 0.050 25-Jan 27-Jan 27-Feb 18-Jan Ascendas Reit ao 3.430 25-Jan 27-Jan 27-Feb 18-Jan Ascott R Trust ad 2.426 27-Jan 31-Jan 27-Feb 20-Jan Ascott R
      697 words
    • Article
      Lock icon New Special Needs Saving Scheme launched
      253 9 A SPECIAL Needs Saving Scheme (SNSS), designed to allow parents to save for the long-term care of their special-needs children, will be launched today. Under the scheme, children who have attended or are attending special education schools can receive a monthly disbursement from their
      253 words
    • Article
      Lock icon New roles for veteran union leaders
      190 9 NINE central committee leaders of the National Trades Union Congress (NTUC) will step down and take on new roles as part of leadership renewal, said the Singapore labour movement yesterday. John De Payva, former NTUC president, was given the title of president emeritus, and
      190 words
    • Article, Illustration
      Lock icon A banking giant who played many roles
      552 9  -  Lee Hee Seng was at centre of DBS, UOB tussle for OUB OBITUARY By MINDY TAN FOR all his many achievements, banking stalwart Lee Hee Seng will probably be best remembered for his role in the bitter contest between DBS and United Overseas
      552 words
  • Page 9 Advertisements
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      14 9 r Head to CATS FASTADS in The New Paper for education options! WAT3 CLA/Dec05/Sg
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      156 9 The Leading Operator Established 1985 ‘‘Satisfying your corporate needs” We are always actively involved in identifying the true needs of our clients and ensuring that those needs are met on time and on budget. A dynamic team rich in experience, professionalism and knowledge. Always believe in going far and beyond
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      153 9 Are You Struggling To Earn $8,000 A Month? Do You Want To Start A Profitable Business in Singapore and 16 Countries Worldwide? i A Professor Dr Timothy Stearns "GLOBAL ENTREPRENEUR Program is unique, with a strong emphasis on application. Following a PROVEN Step-by-Step road map is the fastest, smartest way
      153 words
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  • VIEWS FROM THE TOP
    • Article, Illustration
      Lock icon The promise of Myanmar
      2837 10 THIS WEEK’S TOPIC Are we seeing a “new” Myanmar, and what does this tell us about its potential going forward? What areas of mutual business opportunity do you see opening up between Myanmar and Singapore as well as its other Asean neighbours? Anil Kumar Jhunjhnuwala Managing
      REUTERS  -  2,837 words
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      66 11 .1 YOU TRAINING AN ACCOUNTANT WHOSE EYES ARE ON THE CLOCK, 3 r. BUSINESS? m Mni-WC *1 m ICAEW A NO ONE'S BETTER 84% of FTSE 100 companies have an ICAEW Chartered Accountant on their board. Now you know who to consider for your next business investment. It's time to
      66 words
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      133 11 fa M d PUT YOUR CAREER ON THE FAST TRACK WITH OCBC MANAGEMENT ASSOCIATE PROGRAMME. At OCBC Bank, we have carefully put together a distinctive programme to develop talented and promising individuals for a career in Banking. As a Management Associate,you’ll get a clear head start with comprehensive industry orientation,
      133 words
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  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • Article, Illustration
      Lock icon Less rosy outlook for BRIC market
      1140 12  -  Weak growth in the developed world is expected to increase business risks in emerging economies, writes JANE WILLIAMS writesJANE writesJANE WILLIAMS THE contribution to the world’s GDP by the emerging BRIC nations (Brazil, Russia, India and China) and the growth markets of Indonesia, Mexico,
      BLOOMBERG  -  1,140 words
    • Article, Illustration
      Lock icon How not to lose your things ever
      1040 12  -  Rick Tan and his partner came up with a device that can prevent loss of valuables, reports BRYAN KOH STARTING YOUNG reportsBRYAN reportsBRYAN KOH CONTRARY to George Bernard Shaw’s belief that “youth is wasted on the young”, Rick Tan, 25, has wasted no
      ARTHUR LEE  -  1,040 words
  • Page 12 Advertisements
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      162 12 Get started now Be a young investor Do you aspire to be a successful young investor? Are you keen on taking the first step towards achieving that? The BT-Citibank Young Investors’ Forum is no typical page extracted from a financial textbook. This forum will present step-by-step guides on how to
      162 words
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  • ECONOMY WATCH
    • Article
      Lock icon US corporate tax break lifts budget deficit
      903 13 Govt deprived of tens of billions of dollars in expected revenue NYT [WASHINGTON] A corporate tax break for buyers of computers, engines and other equipment is proving surprisingly popular, depriving the federal government of tens of billions of dollars in expected revenue and
      NYT  -  903 words
    • Article, Illustration
      Lock icon Hungary seeks int’l credit line of up to 20b euros
      440 13 Reuters [BUDAPEST] Hungary is seeking an international credit line of 15 billion to 20 billion euros (S$24.5 billion to S$32.7 billion), the secretary of state heading the prime minister’s office, Mihaly Varga, was quoted on Saturday as saying. Hungary is
      Reuters; AP  -  440 words
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      110 13 Trade beyond borders That’s what participants in international commerce can do when they’re smart about managing risk. And smart managers work with CME Group, the world’s leading derivatives marketplace. Companies doing business around the world come to us to manage virtually every kind of risk. Changing currency valuations, energy costs,
      110 words
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon Indonesian workers want bigger chunk of profits
      753 14 Industrial action spreading across the country after success of Freeport strike AFP [JAKARTA] For years big-name manufacturers including Honda, Samsung and Nike quietly harvested profits from factories in Indonesia, where wages are even lower than in China or India. Now, Indonesian workers are
      AFP; REUTERS  -  753 words
    • Article, Illustration
      Lock icon Hawk-eyed but with a dovish stance
      593 14  -  BNM’s making all the right moves to fight inflation MALAYSIA INSIGHT S JAYAS AN KARAN KL Correspondent LAST week, Malaysia’s central bank or BNM, according to its acronym in Malay left the overnight policy rate unchanged at 3 per cent. This is the fourth
      593 words
    • Article
      Lock icon BURSA MALAYSIA
      1740 14 VOL Feb 3 RM +/-(‘000) A M Realty 0.46 -0.02 11 VOL Advance Synerg 0.20 0.01 6911 Adventa Bhd 1.71 0.02 76 Ae Multi Hldgs 0.31 unch 485 Affin Holdings 3.20 -0.02 281 Ahmad Zaki Res 0.90 -0.03 1323 Abric Bhd Airasia Bhd 3.63 -0.07 ***** Alliance Finan
      1,740 words
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      33 14 www.omy.sg O'* i oosp9hff m ■S«!i mnwjsa hikx&t? 99 ±omy#^l' m f 9 i r A M Radio on ttiG f QPRPFM 1003 SCREEN showbiz, omy.sg Download FREE QR Code Reader, e.g. BeeTagg
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  • Page 14 Miscellaneous
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  • GREATER CHINA/INDIA
    • Article
      Lock icon Chinese firms go bargain-hunting in Europe
      808 15 Beijing steers clear of eurozone sovereign debt amid recent wave of acquisitions AFP [BEIJING] Chinese companies and funds have ramped up investment in crisis-hit Europe, buying utilities, energy firms and even luxury yacht makers, but are steering clear of eurozone debt. Analysts say bargain-hunting
      AFP  -  808 words
    • Article, Illustration
      Lock icon Bitter exchanges highlight China, Hong Kong divide
      683 15 AFP [HONG KONG] A bitter family feud between Hongkongers and their northern neighbours sparked by mainland China’s increasing financial and political clout has led to an awkward debate about the former British colony’s identity. The glittering southern financial centre has been governed according
      AFP  -  683 words
    • Article, Illustration
      Lock icon Born to be PM? Rahul Gandhi in limelight
      635 15 UP polls will be a key test of his popularity and ability to inspire AFP [NEW DELHI] Rahul Gandhi has no ministerial experience, has never sought a government job and is coy about detailing his vision for India, but he has long
      AFP; AP  -  635 words
  • Page 15 Advertisements
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      16 15 Investment strategies for2012: Buy high-dividend stocks and gold To subscribe, call 6388-3838 or go to sphsubscription.com.sg
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      256 15 >® < NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices Companies Winding-up No. CWU 55/2011M In the Matter of THE COMPANIES ACT (CHAPTER 50) And In the Matter of ALPHOMEGA RESEARCH GROUP LTD (IN COMPULSORY LIQUIDATION) Company Registration No. *****2567C (Under the Order for winding-up the abovenamed Company dated the 22nd
      256 words
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      374 15 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF ARCADIA CONSULTING PTE. LTD. Company No. *****2713D (In Members’ Voluntary Winding Up) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the Companies Act, Cap. 50 that the Final Meeting of the
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      325 15 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF ILTHABI MINING VENTURES PTE. LTD. COMPANY REG. NO. *****1956D (IN MEMBERS’ VOLUNTARY WINDING UP) NOTICE IS HEREBY GIVEN that the Creditors of the abovenamed Company, which is being wound up voluntarily, are required on or before
      325 words
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      441 15 IN THE MATTER OF THE COMPANIES ACT CAP 50 AND IN THE MATTER OF RENDEZVOUS HOSPITALITY GROUP PRIVATE LIMITED (Co. Reg. No. *****5399G) NOTICE OF RESOLUTION FOR MEMBERS’ VOLUNTARY WINDING-UP (Pursuant to Section 290) At the Extraordinary General Meeting of the members of the above-named Company, duly convened and held
      441 words
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      291 16 / 17 Li ■j ireSjojMar XpAipupSIQ ‘0pOD aO 9q} SUjUUGDS Aq JO WOD’lEqOlSUESjOLLldf UO y\ 00M AJ0A0 S0AjP0dSJ0d PUG Sp§|SUj M0U JOJ. >|00"1 •0j0q/v\Aue S}U0W}S0AU! pue ss0Ujsnq Jj0qj 0>|G} 0j0q/v\Aj0A0 s}U0!p dpq spSjsuj 0nbmn puE >|jom}0u |Gqo|§ jno ‘0dojn3 0} Ejsv wojj •3IAIOH IV 3dV S1N3HD ano a3A3a3HM 31/MOH IV 3a,3M IBB
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  • WORLD
    • Article, Illustration
      Lock icon Anti-Putin protesters seek fair elections
      795 18 Protesters demand political reform as Putin supporters stage counter-rally Reuters [NEW YORK] Tens of thousands of Russians defied bitter cold in Moscow last Saturday to demand fair elections in a march against Vladimir Putin’s 12-year rule, while supporters of the prime minister staged a rival
      Reuters; REUTERS  -  795 words
    • Article, Illustration
      Lock icon Goldman Sachs CEO gets lower bonus
      484 18 Bloomberg [NEW YORK] Goldman Sachs Group Inc, the fifthbiggest US bank by assets, gave chairman and chief executive officer Lloyd Blankfein a US$7 million (S$8.68 million) restricted-stock bonus for 2011, a decrease from US$12.6 million a year earlier. Blankfein, 57, received 61,702 shares on
      Bloomberg; BLOOMBERG FILE PHOTO  -  484 words
    • Article, Illustration
      Lock icon Metal thieves on the rise in Czech Republic
      595 18 Lax rules on scrap purchases to blame for booming trade [CZECH REPUBLIC] A mid-dle-aged Czech armed with a screwdriver deftly removes the copper letters spelling out the Hippocratic oath on a plaque at a Czech hospital, only to be nabbed red-handed by
      AFP  -  595 words
    • Article
      Lock icon Controversy brewing over UNEP’s role
      661 18 Issue focuses on the re-defined status of the UN Environment Programme AFP [PARIS] The UN Environment Programme (UNEP) is emerging as a hot issue in preparations for June’s Rio conference, styled as a once-in-a-genera-tion chance to restore a sick planet to good health. The US
      AFP  -  661 words
    • Article
      Lock icon Gas pipeline plan skirting Russia near collapse
      714 19 Turkey’s recent decisions undercut viability of project to supply gas to Europe AFP [ANKARA] Europe’s flagship project to bolster its energy security by building a major gas pipeline to the Caspian that skirts Russia is near collapse, analysts say, with a newly confident
      AFP  -  714 words
    • Article
      Lock icon Rising Australian floodwaters spark mass evacuations
      535 19 Residents of St George urged to leave their homes AFP [SYDNEY] Mass evacuations were under way in northern Australia yesterday as record flooding that has cut off thousands of people threatened to engulf areas devastated by wild weather last year. Authorities urged residents of
      AFP  -  535 words
    • Article, Illustration
      Lock icon Mitt Romney sails to an easy victory in Nevada
      653 19 Reuters [LAS VEGAS] Republican front-runner Mitt Romney cruised to an easy victory in Nevada on Saturday, crushing his three remaining rivals and taking firm command of the party’s volatile presidential nominating race. Mr Romney captured 44 per cent of the vote
      Reuters; AP  -  653 words
    • Article
      Lock icon Govt pulls out of Dubai Group debt talks
      570 19 Group left to deal with creditors directly now: sources Reuters [DUBAI] The Dubai government has walked away from talks on a US$10 billion debt restructuring of Dubai Group, leaving the firm part of the ruler of the emirate’s personal empire to deal
      Reuters  -  570 words
    • Article
      Lock icon Iran turning to Asia for trade as sanctions bite
      523 19 Trade with China jumps over 50% between 2010 and 2011, to US$45b AFP [TEHERAN] Grappling with US and EU sanctions that have become progressively tougher over the past 18 months, Iran is increasingly turning to Asia in particular to China, now
      AFP  -  523 words
    • Article, Illustration
      Lock icon Germany fights rising burnout in workforce
      821 20 Nearly one out of every 10 sick days in 2010 due to psychological illness AFP [BERLIN] Germany, holding up better than its eurozone partners in the current debt crisis, is battling the increasingly widespread phenomenon of “burnout” which it says is costing its economy
      AFP  -  821 words
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      Lock icon Sandberg plays to a powerful demographic
      851 20 Promoting women is a major cause for Facebook’s COO NYT [SAN FRANCISCO] Seven-ty-two hours before Facebook’s big moment, Sheryl Sandberg was half a world away, hobnobbing with the likes of Bono and Archbishop Desmond Tutu. Yes, Ms Sandberg is Mark Zuckerberg’s No 2. And,
      NYT; BLOOMBERG  -  851 words
    • Article
      Lock icon Korea looks to the past to combat modern ills
      817 20 NYT [YEONGJU, South Korea] When he looks out from the time-frozen world of Korea’s oldest private Confucian academy, Park Se-ok-hong sees the rest of the country “turning into a realm of beasts”. He points to recent news reports as evidence: young
      NYT  -  817 words
    • Article
      Lock icon As banks wobble, investors worry where to put cash
      601 20 Reuters [LONDON] Investors are holding more cash than at any time since the Lehman Brothers collapse to protect themselves against volatile financial markets, presenting them with a dilemma: where to hold that money when banks are looking shaky. When the European
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    • Article
      Lock icon Greek leaders hold emergency debt meeting
      675 21 PM seeks allies’ support for austerity measures demanded as part of bailout AFP [ATHENS] Greek Prime Minister Lucas Papademos held an emergency meeting with political allies yesterday after hours of “superhuman” negotiations with European Union and International Monetary Fund (IMF) bailout auditors failed to
      AFP  -  675 words
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      Lock icon Gillard has support of party caucus: Swan
      446 21 Bloomberg [SYDNEY] Australian Prime Minister Julia Gillard has the backing of her Labor Party caucus, according to Treasurer Wayne Swan, amid speculation that Foreign Minister Kevin Rudd is considering a leadership challenge. “Our prime minister has the strong support of our caucus,” Mr
      Bloomberg  -  446 words
    • Article, Illustration
      Lock icon Eurozone crisis pulling continent apart: Monti
      535 21 Europe missing out on precipitous rise of Asia: Australia AFP [MUNICH] Italy’s prime minister warned on Saturday the eurozone crisis was pulling the continent apart, amid warnings from Australia and the World Bank that the turmoil could sideline Europe. As leaders at the Munich
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    • Article
      Lock icon Sarkozy looks to Merkel for election boost
      346 21 His joint TV interview with German chancellor could bolster image as statesman AFP [PARIS] Increasingly citing Germany as a model for France, President Nicolas Sarkozy will look to give his re-election hopes a boost today in a joint TV interview with Chancellor Angela
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      77 21 How to run a business without running out of ideas Produced by SME Jan/Feb issue out now! Why some fresh graduates choose to work in SMEs Five expensive mistakes to avoid How to measure productivity Is Japan still worth the while? Stock options for SMEs Available at Caltex, Esso, Shell
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  • AVIATION/SHIPPING
    • Article, Illustration
      Lock icon Flights disrupted as snow blankets London
      603 22 BA cancels over 150 Heathrow flights; deep freeze also hits Amsterdam airport Bloomberg Reuters [LONDON] International Consolidated Airlines Group SA’s British Airways unit and Ryanair Holdings plc were among airlines cutting hundreds of flights from London after snow blanketed the capital. About 30 per
      Bloomberg; Reuters; AFP  -  603 words
    • Article
      Lock icon Baltic dry index slips but may signal reversal
      391 22 Bloomberg [LONDON] The Baltic Dry Index, a measure of commodity shipping costs, extended a 25-year low even as hire costs for some shipments to China gained. The index slid 1.7 per cent to 651, the lowest since Aug 27,1986, according to the
      Bloomberg  -  391 words
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      Lock icon EADS expects to increase plane deliveries, profits this year
      391 22 Healthy cash pile, order backlog to cushion turbulence Reuters [FRANKFURT] EADS is confident about its chances for 2012 thanks to growth at its civilian aerospace unit Airbus, a healthy cash cushion and an order backlog that insures it against weakness, its
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      Lock icon No check-in queue as foreign airlines stay wary of India
      765 22 Reuters [NEW DELHI] Just because foreign airlines may soon be allowed to invest in India’s battered carriers doesn’t mean they will. New Delhi’s expected move to allow global airlines to own up to 49 per cent in Indian carriers has
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    • Article
      Lock icon Over 30 nations plan anti-carbon tax talks
      280 22 AFP [NEW DELHI] India, Russia, the United States, China and other countries will meet in Moscow this month to decide whether to retaliate against the European Union’s (EU) decision to impose a carbon tax on air travel, a report says. The EU imposed
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    • Article
      Lock icon TRANSPORT STOCKS
      261 22 SGX '000 Feb 3 S$ +/-Vol CH Offshore 0.39 -0.02 217 Chuan Hup Hldg 0.23 0.01 50 Cosco Corp 1.18 0.01 ***** Feb 3 Ezra Hldgs 1.13 0.04 ***** First Ship Lea 0.20 unch 1607 Freight Links 0.06 unch 4167 Grand Banks unch unch 0 Jaya Hold Ltd
      261 words
  • Page 22 Miscellaneous
    • Miscellaneous
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      326 22 CRYPTIC CROSSWORD Across 1 What a snooker coach does for a transport enthusiast (12) 9 People pushing for diamonds and flowers? (7) 10 Animal droppings one shifts from cell (7) 11 Discard players out of form (4,3) 12 Raise a source of tension in most of team (7) 13 Found
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  • DINING OUT
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      Lock icon Tasty steak at digestible prices
      805 23  -  By Jaime Ee NEW RESTAURANT Bistecca Tuscan Steakhouse 25 Mohamed Sultan Road Tel: 6735-6739 YOU can usually tell when a restaurant does better business at dinner rather than lunch. It’s not just the lack of diners, but the genuine surprise the staff show when you
      805 words
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      436 23 i' -;vt /N Ter/ S&«S a ;l#JI f A DATE AT TRIPLE THREE FROM 10 TO 14 FEBRUARY AN ODE TO LOVE triple three This Valentine's Day, bring the romance up a notch and whisk your date to Triple Three for an indulging dinner. Fall in love with our chef's
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      1427 24 Week ended: Feb 3 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 Company Last Sale Vol 112.5 92.5 AIMSAMPIReit 99xd -1.5 2589 103 99 99 100 2 10 439.4 Week Last Quote High
      1,427 words
    • Article
      Lock icon SGX CATALIST
      289 25 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 $mil Last 1 0.2 t Advanced System 0.6 +0.3 ***** 0.6 0.3 0.5 0.6 20 9.9 Vol Week Last Quote Div Gr Yld Net M
      289 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      116 25 Stock name Close Change CapMallsAsia 1.345 +0.005 CapitaLand 2.650 +0.020 CapitaMall 1.720 CityDev 10.140 +0.160 ComfortDelGro 1.460 +0.020 DBS Grp 13.400 +0.040 F&N 6.660 -0.070 GLP 1.980 -0.015 Genting SP 1.625 +0.020 Golden Agri 0.740 +0.010 Stock name Close Change HK Land 5.110 +0.030 JMH 52.400
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    • Article
      Lock icon STOCKS ASIA
      2269 25 Transaction date: Feb 3 HONG KONG Vol HK$ +/-'000 Aeon Credit 5.64 unch 0 Aeon Stores 19.20 0.20 339 Angang Steel 5.79 0.02 ***** Anhui Conch 26.60 0.15 ***** Anhuiexpresswa 5.00 -0.03 2766 Asia Satellite 18.46 0.68 10 Asm Pacific 98.25 1.05 558 Bank Of E Asia 30.60
      2,269 words
    • Article
      Lock icon GLOBALQUOTE
      263 25 52-Wk Last Vol Week Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 55.5 34 AVJennings A39 +4 5 39 38.5 36 43 3.6 9 3.1 101.6 46 25.5 Genting HK US$ US36 +1.5 ***** 37.5 34 36 36.5 2370.4
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    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 25 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 11 3 3 0 0 0 11 3 3 Manufacturing 156 39 22 27 5 3 183 44 25 Commerce 55 12 8 11 4 3 66 16 11 Tpt/Stor/Comms 30 10 5
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      Lock icon SGX ETF
      975 25 52-Wk Last Vol Week Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 130 109.5 ABF SG Bond ETF 116.6 -4.9 39 120.1 116.6 117.9 118.5 532.3 1261 856 CIMBAsean40 100US$ US1032 +7 98 1037 1011 1039 41.3 *****
      975 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      121 25 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 209,574 209,574 578,063 578,063 Manufacturing 1,988,811 621,660 2,610,471 1,190,452 10,858 1,201,310 Commerce 1,886,239 182,054 2,068,293 952,954 9,097 962,051 Tpt/Stor/Comms 1,002,267 213,878 1,216,145 1,306,737 32,726 1,339,463 Finance 123,390 123,390 910,084 910,084 Construction 1,656,968 563,445 2,220,413 173,259
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      26 25 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 26 In local curr In S$ In US$ dy yr dy yr dy yr Feb 3 Index Change Change Change Change Change Change World Preliminary 885.8 1.1 6.8 0.7 3.1 1.0 7.6 EAFE Preliminary 726.9 1.0 6.6 0.4 3.7 0.7 8.3 Europe Preliminary 1101.3 1.6 7.3
      373 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      77 26 CRUDE OIL PRODUCTS Feb 2 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 111.42 -0.80 WTI (Near Mth) 96.69 -0.76 Dubai (1-Mth F) 108.67 -0.23 Tapis blend 118.27 0.15 Minas 117.07 0.15 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 107.44 0.22 Jet Kerosene 127.20 0.45 US$/barrel Opec Oil
      77 words
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      Lock icon SMX MARKET UPDATE
      84 26 www.smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE VOL (in Lots) PRECIOUS METAL GOLD FUT APR2012 1765.40 1736.30 1740.60 347 CURRENCY AUD-USD FUT MAR2012 1.0722 1.0636 1.0737 229 EUR-USD FUT MAR2012 1.3214 1.3068 1.3149 4414 USD-JPY FUT MAR2012 76.52 76.15 76.54 113 BASE METAL COPPER FUT MAR2012 8599 8337
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    • Article
      Lock icon SGX FUTURES
      156 26 Feb 3 SICOM RUBBER Futures (Closing prices) RSS 3(US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Mar 12 401.7 270 Apr 12 406.0 118 May 12 411.9 411.9 412.0 6 250 Jun 12 414.0 228 Jul 12 414.5 128 Aug 12 411.0 118 Sep 12
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    • Article
      Lock icon LONDON METALS
      65 26 Feb 3 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 2209.25 2158.75 3 months 2247.00 2195.00 Copper, Grade A(US$/tonne) Cash 8539.00 8322.25 3 months 8565.00 8345.00 Lead(US$/tonne) Cash 2193.50 2133.00 3 months 2225.00 2164.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.50 *****.00 3 months
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    • Article
      Lock icon CHICAGO BOT
      107 26 Feb 3 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Mar 12 1232.50 1217.00 1236.50 1214.00 May 12 1240.75 1225.50 1244.50 1223.00 Jul 12 1250.25 1235.00 1253.50 1231.75 Aug 12 1248.00 1232.75 1250.00 1235.50 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Mar 12 51.65
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    • Article
      Lock icon GOVERNMENT SECURITIES
      78 26 Feb 3 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****E 03-May-12 0.33 1-Year BY*****W 01-Nov-12 0.34 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0H 0.250 01-Feb-14 99.92 5-Year N*****0W 1.125 01-Apr-16 102.6 3-Month 10-Year NX*****X 2.250
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    • Article
      Lock icon SGX DERIVATIVES TRADING
      454 26 Feb 3 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Mar12 99.5750 0 1350 Jun12 99.5800 0 1369 Sep12 99.5550 0 730 Dec12 99.5350 0 870 EUROYEN TIBOR FUTURES Mar12 99.6650 0 1841 Jun12 99.6650 0 1433 Sep12 99.6625 0 679 Dec12 99.6600 2 117 Mar13 99.6550
      454 words
    • Article
      Lock icon LIFFE
      81 26 Feb 3 COCOA (£/tonne) Close Prev High/Low Mar 12 1502 1449 1525/1438 May 12 1518 1465 1539/1456 Jul 12 1533 1480 1553/1473 Sep 12 1543 1491 1560/1484 COFFEE(US$/tonne) Close Prev High/Low Jan 12 1837 1800 1853/1814 Mar 12 1864 1826 1876/1840 May 12 1892 1854 1902/1869 Jul 12 1918
      81 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      503 26 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 2 1 150 130 33.00 27 C000) Conv Ratio Baker Technology Ltd W*****6 3.5 -0.3 1411 1 32 13 9.00 9 Price Prem Disc Gearing Expiry Mths Left
      503 words
    • Article
      Lock icon INTERBANK CROSS RATES
      470 26 Feb 3 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.069 6.742 0.814 8.296 52.290 96.153 0.815 11.962 3.223 1.286 96.661 45.579 1.334 8.195 0.980 31.585 33.049 0.676 1.070 Canada 0.935 6.306
      470 words
    • Article
      Lock icon SIBOR
      52 26 Feb 3 (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$) 0.***** 3 mths 0.***** 6 mths 0.***** SWAP Mid rates (S$) 0.***** SWAP Mid rates (S$) 1
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    • Article
      Lock icon PRECIOUS METALS
      138 26 Feb 3 GOLD(US$/oz) Feb 02 Feb 03 Hong Kong 1759.00 1767.50 Feb 03 Feb 03 Feb 02 London 1742.04 1758.86 1743.76 1759.63 Source: Thomson Reuters CAST BAR Feb 03 (S$) Selling Buying Kilobar 75,616 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 169 70 5gm 481 352 10gm
      138 words
    • Article
      Lock icon PALM OIL
      57 26 Feb 3 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Feb 12 3050.0 3052.0 3063.0 3048.0 77 546 Mar 12 3074.0 3082.0 3082.0 3049.0 1709 9342 Apr 12 3066.0 3085.0 3085.0 3050.0 ***** ***** May 12 3060.0 3080.0
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    • Article
      Lock icon STOCK INDEX FUTURES
      24 26 Feb 3 Open High Sett STI Feb 2918.0 SIMSCI Feb 335.0 336.9 335.8 Taiwan Feb 274.5 276.4 273.8 Source: SGX Derivatives
      24 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      154 26 Feb 3 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.3332 1.3339 1.0694 1.0697 Canadian dollar 1.2469 1.2477 1.0002 1.0006 Euro 1.6388 1.6393 1.3145 1.3146 NZ dollar 1.0364 1.0370 0.8313 0.8316 Sterling pound 1.9725 1.9733 1.5822 1.5824
      154 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      22 26 Feb 3 S$ Bid Offer 1-month 1.2467 1.2470 2-months 1.2466 1.2470 3-months 1.2463 1.2466 6-months 1.2445 1.2452 Source: OCBC
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    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 26 As at 9am Feb 3 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.367 1.302 Can dollar 1.271 1.223 Euro 1.67 1.606 Sterling pound 2.01 1.933 NZ dollar 1.066 1.016 US dollar 1.266 1.218 Local dollars to 100 units of foreign
      121 words
    • Article
      Lock icon INTERBANK RATES
      155 26 Feb 3 $S Offer Bid 0vernight 0.03 0.01 1-month 5/16 3/16 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.01 US$ Offer Bid 7 days 0.25 0.15 1 month 0.40 0.20 2 months 0.55 0.35 3 months 0.70 0.50 6 months 0.95 0.75 9 months 1.10 0.90 12
      155 words
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  • Article
    Lock icon The Business Times Shipping times
    4699 27 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 UK CONTINENT SERVICE Destination STXPO TBN Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Destination STXPO TBN
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  • Page 28 Advertisements
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      Lock icon Page 28 Advertisements Column 1
      115 28 Shipping lines seeking reliable logistics partners Can they find your services here in the Shipping Times? I 1 urgently m R ded by shippers n they find youi re in the Shippii ADVERTISI JOE WONG AT 9620 Announce Your Corporate Development Come publicise your Project Completion, Ship Christenings Delivery of
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      222 29 A -1w/ w, J *jv*? j>- w /yafit j W S«U 1 4^0w A s>6 ■WePEiJ a 9ll ‘J V) ’S 58S tH, B <1 r r r m m Satisfy even the most unpredictable cravings. Heidi Chocolat is one of the top confectionery brands in Romania. As they expanded
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  • BizIT
    • Article, Illustration
      Lock icon CIOs’ job getting major makeover: Telstra
      633 29  -  They now have to manage short-term priorities while aligning business, IT goals By AMIT ROY CHOUDHURY AGAINST the backdrop of an uncertain global economic recovery and rising costs, business executives in Asia, particularly chief information officers, have the added responsibility to enable growth through
      633 words
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      Lock icon Facebook IPO could spark mini-housing boom
      599 29 But firm’s execs trying to curb effect on Silicon Valley AFP [SAN FRANCISCO] Even before Facebook goes public, Silicon Valley is buzzing in anticipation of the “instant millionaires” that may soon be looking for ways to spend their newfound wealth. Eight years after Mark
      AFP  -  599 words
    • Article
      Lock icon EU wants Google to halt new privacy plan
      271 29 Reuters [BRUSSELS] A group of European regulators has written to Google Inc calling on it to halt the introduction of its new privacy policy, saying it needs to investigate whether the proposals sufficiently protect users’ personal data. Google said in January it
      Reuters  -  271 words
    • Article, Illustration
      Lock icon BYOD trend shaking up back offices
      1017 30  -  Push towards mobility boosts document management industry, reports VICTORIA HO reportsVICTORIA reportsVICTORIA HO ALL the fuss about Bring Your Own Device (BYOD) is real, and companies are scurrying to get their back offices in order to accommodate the new push to mobility, say vendors.
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    • Article, Illustration
      Lock icon Motorola wins German ruling against Apple
      416 30 Bloomberg [BERLIN] Motorola Mobility Holdings Inc has won a second German patent ruling against Apple Inc over its iCloud service, allowing the company to block sales of devices, including the iPhone and iPad, if they use the software that accesses it. The Mannheim Regional
      Bloomberg; BLOOMBERG FILE PHOTO  -  416 words
    • Article
      Lock icon Unlock the value of Gen Y workforce
      1001 30  -  The Facebook Generation has the know-how to help companies power ahead with social media <you say> By JANET ANG The author is managing director of IBM Singapore EVER heard of the company that tried to squelch social media use at work? How about
      1,001 words
    • <what’s up>
      • Article
        Lock icon Fujitsu Asia’s new regional CEO
        39 30 GAVIN Selkirk has filled Lawrence Wee’s shoes at Fujitsu Asia as its new regional chief executive. Prior to this appointment, Mr Selkirk was the corporate senior vice president of Asia-Pacific and Japan at CA.
        39 words
      • Article
        Lock icon Amobee appoints new account director
        36 30 MOBILE advertising company Amobee has appointed Arun Poojari as regional account director for Asia-Pacific. He comes from Nokia’s regional consumer engagement team, as well as Microsoft’s media strategy and analytics teams.
        36 words
      • Article, Illustration
        Lock icon Samsung unveils latest range of products
        58 30 SAMSUNG has released its latest range of notebooks, monitors and printers for the first half of this year. Amongst these are its Series 5 Ultra notebook (above) running an Intel Core i5 processor in 13.3” ($1,288) and 14” ($1,588) sizes and a Series 7
        58 words
      • Article
        Lock icon Social media all week next week
        36 30 SINGAPORE’S inaugural social media week kicks off on Feb 13 and ends on Feb 17. Henry Mason, the head of research and analysis at trendwatching.com, will deliver the keynote address.
        36 words
      • Article
        Lock icon New regional director at InMobi
        40 30 PHALGUN Raju is the new regional director and general manager for South-east Asia, Hong Kong and Taiwan for InMobi. The mobile advertising network gets Ms Raju from Google, where she led sales and business development.
        40 words
      • Article, Illustration
        Lock icon Bose launches new headphones
        40 30 BOSE’S new OE2 and OE2i (below) on-ear headphones are here in Singapore. The latter model comes with a microphone and button controllers in-line so they can work with Apple products such as the iPhone and iPod.
        40 words
      • Article
        Lock icon CIO meet-and-greet happening
        40 30 CIO Connect, which bills itself a meeting place for CIOs, has expanded to Singapore. The organisation will hold an event on Feb 23 at Novus, featuring insights on how to help CIOs overcome barriers at the top.
        40 words
      • Article
        Lock icon ideas4apps Challenge from government
        63 30 THE IDA and MOF are awarding cash prizes to Web and mobile developers using government data to build new products. Interested participants can submit their ideas online (http://ideas.data.gov.sg) from Jan 30 to March 9, 2012. The short-listed ideas will then be published on the website on
        63 words
      • Article, Illustration
        Lock icon Sony launches 18 Megapixel camera
        50 30  -  Compiled by VICTORIA HO SONY’S new compact Cyber-shot camera, the 18 megapixel DSC-TX200V (below), has been launched. The camera uses the company’s noise reduction Exmor sensor to product cleaner pictures at night, and has a faster auto-focus function to find a target in dim lighting.
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