The Business Times, 30 July 2012

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1 30 The Business Times
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  • Title Section
    Lock icon Masthead
    25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg Sp!l A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MICA (P) 120/08/2011 Monday, July 30, 2012
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  • Article
    Lock icon Yield plays still a haven as STI faces choppy seas
    795 1  -  Market headed for resistance as volatility still reigns: analysts By KENNETH LIM [SINGAPORE] The high-rid-ing Singapore equity market could be in for some near-term profit taking, but some high-yielding defensive plays could still be attractive, analysts said. “In the near-term,
    795 words
  • MARKETS DIGEST
    • Article
      Lock icon MARKETS
      57 1 Weekly Change ST INDEX 2,998.49 -17.04 KL COMP 1,624.94 -18.06 NIKKEI 225 8,566.64 -103.23 HANG SENG 19,274.90 -365.90 SET INDEX 1,178.01 -30.54 JAKARTA COMP 4,084.21 +3.01 MANILA COMP 5,219.55 +8.66 SEOUL COMP 1,829.16 +6.23 SHENZHEN B 583.28 -35.53 MUMBAI IND 16,839.10 -319.30 DOW 13,075.66 +253.09 NASDAQ 2,958.09 +32.79 S&P
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    • Article
      Lock icon PRIME RATES
      18 1 SINGAPORE MALAYSIA HONG KONG 5.38 6.55 5.00 INDONESIA 0.50 TAIWAN 5.036 JAPAN 1.475 KOREA Source: Bloomberg
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    • Article
      Lock icon FOREX
      49 1 us$ s$ US$ (S$ per US$) 1.252 (US$/S$ per 1.568 1.964 EURO (US$/S$/E) 1.228 1.537 Foreign currency per US$ S$ YEN 78.30 62.50 RM 3.158 2.522 HK$ 7.757 6.194 BAHT 31.54 25.18 RUPIAH 9,480 7,570 RENMINBI 6.378 5.093 INDIAN RUPEE 55.47 44.29 A$ 0.959 0.766 NZ$ 1.246 0.995
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  • Article, Illustration
    Lock icon Games power may help British economy run faster
    837 1  -  But some worry economic revival will be short-lived By NEIL BEHRMANN in London THE Games have begun and there are hopes that the unusually creative opening ceremony and Olympic flame will light up a UK economy that is blighted by recession and
    REUTERS  -  837 words
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      237 1 DINING OUT Hits and misses at Wooloomooloo PAGE 22 S’PORE CORPORATE AWARDS The night in pictures PAGES 14-15 COMMENTARY Facebook, Apple, Google all feel the heat PAGE 4 BT WEBSITES For breaking news, go to businesstimes.com.sg. For personal finance stories, go to btinvest.com.sg. For more information, e-mail btocs@sph.com.sg or call
      237 words
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      9 1 VIEWS FROM THE TOP Raising the bar PAGES 12-13
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  • TOP STORIES
    • Article
      Lock icon THREE-MINUTE DIGEST
      615 2 Yield plays still a haven with views split on STI THE high-riding Singapore equity market could be in for some near-term profit taking, but some high-yielding defensive plays could still be attractive, analysts said. The large-cap Straits Times Index has gained 13.3 per cent year to date, making
      615 words
    • Article
      Lock icon Limited impact of high grain prices on regional inflation
      479 2  -  Asian policymakers have room for more stimulus: analysts By ANDREA SOH [SINGAPORE] While agricultural staple prices have risen to record highs on the back of the worst US drought in more than 50 years, its impact on regional inflation is likely
      479 words
    • Article, Illustration
      Lock icon Workshop business rises alongside COE prices
      720 2  -  Servicing, repair jobs increase as owners hold on to their cars for a longer period By SAMUEL EE [SINGAPORE] With more and more car owners holding on to their vehicles for longer as COE premiums skyrocket, motor workshops across the island are benefiting as
      ARTHUR LEE  -  720 words
    • Article, Illustration
      Lock icon The big question: ‘Will ECB deliver?’
      846 2  -  It has promised to buy bonds but key issue is the amount WALL STREET INSIGHT By ROB CURRAN TRADERS who bought US stocks last week because of hints of central bank action this week may be disappointed. The Dow Jones Industrial Average finished within
      AP  -  846 words
    • Article, Illustration
      Lock icon Facebook, Apple, Google all feel the heat
      1023 4  - Facebook, Apple Google all feel the heat Playing in the high-risk, high-rewards arena isn’t all fun and games as long as the Next Big Thing mentality rules COMMENTARY AMIT ROY CHOUDHURY Technology Editor MARK Zuckerberg, who is rumoured to have dreamt up the idea of Facebook during his college days
      1,023 words
    • Article
      Lock icon Obama hits hard, but economy may floor him
      733 4  -  Voters see election as a referendum on the incumbent By ROB CURRAN PRESIDENT Barack Obama is running against Wall Street and Mitt Romney is running away from it, but both are likely rooting for the financial industry. Mr Obama’s attack ads on
      733 words
    • Article, Illustration
      Lock icon Schindler Lifts’ PORT system catching on
      885 4  -  Company sees future in Asia for its ‘intelligent’ lifts By ANNA TEO [SINGAPORE] Most people would be hard pressed to name the brand of the office lifts they ride up and down each day chances are, one becomes “aware” of elevators and escalators only
      885 words
    • Article
      Lock icon Calls for bolder monetary easing by BOJ grow louder
      622 4  -  By ANTHONY ROWLEY in Tokyo AMID fresh and disturbing signs that the Japanese economy is stalling and sinking deeper into deflation, calls for bolder monetary easing by the Bank of Japan (BOJ) and stronger official actions to counter the strong yen
      622 words
    • Article
      Lock icon DB Platinum
      18 4 Branchen Stars R1C-A 23/07/2012 140,93 EUR I db X-MACRO Trading Index Fund I4D 19/07/2012 95,30 GBP
      18 words
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      45 2 GROUP TOUR SPECIALIST Retreats Meetings Team Building Incentive Tours Taylormade Golf Trips East West Malaysia Hong Kong Indonesia Thailand Vietnam Cambodia Macau China We are looking forward to get a challenging assignment from you Luxury Tours Travel Pte Ltd mice@luxury.com.sg s? www.luxury.com.sg Tel: 6309 0850
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      103 3 MESURE ET DEMESURE* -s i mm 9 I wm V A A A X FARM GIAN1 R1ER FLEl 60 'm 2040 K V V. V. i r S’ i *A c i s. t DV n /'t Lj 1 v lr 11 V y v 7 V V A KALPAGRAPHE
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon Star trader goes for anecdotal evidence
      937 5  -  He’s an old-fashioned hedge fund manager who prefers hunting for long-term buys By CAI HAOXIANG FORMER Credit Suisse star trader Charlie Chan Wai Kheong sees himself as an old-fashioned hedge fund manager who hunts for long-term value buys, rather than those promising short-term returns.
      Compiled by BT  -  937 words
    • Article
      Lock icon PRIME LENDING RATES
      294 5 Jul 27 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 Julius Baer Co. Ltd(S)... Bank of New
      294 words
    • Article, Illustration
      Lock icon Innovate, upgrade, adapt
      1643 8  -  DMX Technologies CEO Jismyl Teo tells MANO SABNANI how a small Singapore company made it in an extremely competitive market COMPANY INSIGHT MANO SABNANI Mano Sabnani, a veteran writer, editor and investment advisor, wrote this piece based on a case study he completed recently on 36 successful
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    • Article
      Lock icon Activity remains low for the second week
      1902 8  -  INSIDE MARKETS By ROBERT HALILI The writer is managing director, Asia Insider Limited THE director activity was low for the second straight week with eight companies that recorded 15 purchases worth $17.15 million versus three firms with four disposals worth $1.65 million. The
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      134 5 m ■j > a *2 o v> <■* BE m *> s u« o o fe b,> /mpv o SR o 'ft I V- 'V URWERK PRESENTS THE UR-nno RED GOLD AND ITS REVOLVING SATELLITE COMPLICATION ON PLANETARY GEARS (also available in AITIN and Tantalum) GENEVE 5\ URWERK has its
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon QE3 for US, bailouts in Europe will set tone
      605 6  -  STOCKS R SIVANITHY Senior Correspondent INVESTORS active in stocks would do well to bear in mind that it isn’t necessarily the effect of a bailout or fresh round of monetary easing which is important in today’s heavy trading-oriented environment, but a)
      605 words
    • Article
      Lock icon Oil and metal prices mainly downbeat
      603 6 COMMODITIES AFP [LONDON] Oil and metals prices mostly fell last week despite rallies caused by reassurances about securing the euro’s future and positive Chinese data, analysts said. News on Friday that US growth slowed to 1.5 per cent in the second quarter added to
      AFP  -  603 words
    • Article
      Lock icon BROKERS’ RECOMMENDATIONS
      1559 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 Capital Indl REIT 2.00 2.00 2 10.00 12.70 1.42 1.28 Amtek Engineering Ltd 1.67 1.67 6 0.07 7.05 0.70 0.60 ARA Asset Mgt Limited 1.38
      1,559 words
    • Article
      Lock icon Euro advances the most since February
      656 6 CURRENCIES Bloomberg [NEW YORK] The euro had the biggest weekly gain versus the dollar since February as European Central Bank officials and national leaders pledged to support the shared currency amid surging sovereign-bond yields and concern that the region’s financial crisis is worsening. The
      Bloomberg  -  656 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 6 WEEKLY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      66 6 Jul 27 VALUE CLOSE BT OB/OS -370.00 -83.00 BT CADI -*****.00 +5.00 BT 10-day MA -*****.00 -37.00 FTSE ST Mid Cap 695.43 -0.14 FTSE ST Small Cap 453.84 +0.66 FTSE ST All Share 725.40 -1.12 FTSE ST China Top 200.22 -0.26 FTSE ST China 220.44 -1.83 FTSE
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    • Article
      Lock icon MOST ACTIVE STOCKS
      60 6 VOLUME Genting SP 303,666,000 GSH Corp 287,296,000 JB Foods 260,932,000 Golden Agri 203,429,000 Noble Grp 195,464,000 ElektromotiW*****0 171,719,000 IHH Healthcare 163,791,000 TT Intl 137,398,000 HLH Grp 129,643,000 Aussino 112,068,000 VALUE($) F&N 562,425,650 Genting SP 382,972,593 SingTel 347,485,900 DBS Grp 281,813,995 Wilmar 281,616,515 OCBC Bk 227,950,237 Keppel Corp
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    • Article
      Lock icon RISES
      109 6 BY CENTS CLOSE UP Asia Pac Brew 5000 800.0 19.0 GLD 10US$ ***** 408.2 2.1 IS DJ US Tech 7011 142.7 1.7 DBXT MSEurope 10US$ 4098 107.7 2.1 F&N 840 80.0 10.5 F&N.ES.1207 842 74.0 9.6 DBXT SORA 5SG$ ***** 61.0 0.4 JMH 5170 47.6 0.7 DBXT S&P Short
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    • Article
      Lock icon FALLS
      126 6 BY CENTS CLOSE DOWN DBXT iBoxxSvEu 5US$ ***** -616.0 -2.2 DBXT Nifty 10US$ 9394 -346.8 -2.9 CMProp 650 -185.6 -63.9 DBXT E50 10US$ 3064 -181.5 -4.5 IS S&P500 ***** -142.7 -0.8 DBXT FTVietnam 10US$ 2278 -130.2 -4.4 Jardine C&C 4560 -127.0 -2.7 DBXT MSTHAI 10US$ 1758 -63.9 -2.8 DBXT
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    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 6 WEEKLY
      5 words
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      52 7 Congratulations to A Pan-Asian+ Hospitality Trust on its successful listing on the Singapore Exchange REIT Trustee: Trust Sponsor www.thetrustcompany.com.sg Ibis Beijing Sanyuan Sebel Parramatta Ariake Sunroute Citigate Central Sydney Courtyard by Marriott North Ryde Novotel Beijing Sanyuan Pullman Sydney Hyde Park Sebel Citigate Albert Park Sebel Citigate King George Square
      52 words
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  • SINGAPORE NEWS
    • Article
      Lock icon On exit offers and independent directors
      880 9 ASK Question: I am a minority shareholder of a company which was delisted from the Singapore Exchange (SGX) a few years ago. The company has, to date, however, not complied with SGX Listing Rule 1309 and not made a reasonable exit offer to minorities,
      880 words
    • Article
      Lock icon COMPANY MEETINGS
      541 9 COMPANY MEETING PLACE DATE TIME CPH Ltd A 8 First Lok Yang Road 30-Jul 9.00am Jasper Investments A GV Vivocity 1 HarbourFront Walk 9.30am E #02-30 Vivocity 30-Jul 10.00am Sunray Hldgs A Re!Union Level 2 Hotel Re! Pearl's Hill 175A Chin Swee Road 30-Jul 9.30am Willas-Array A Mandarin
      541 words
    • Article
      Lock icon DIVIDENDS ANNOUNCED
      1026 9 Payment Ex Books Pay Ann (cts) date close date date AEM Hldgs aw 0.350 01-Aug 03-Aug 17-Aug 14-May AIMS AMP Cap In REIT ag 2.500 30-Jul 01-Aug 18-Sep 19-Jul Ascendas REIT ES ao 1.770 23-Jul 25-Jul 28-Aug 18-Jul Ascendas REIT ES ad 0.030 23-Jul 25-Jul 28-Aug 18-Jul Azeus
      1,026 words
    • Article, Illustration
      Lock icon BDP International reaps huge benefits from its family culture
      927 9  -  By JOSHUA TAN AS the head of one of the largest privately held logistics companies in the world, BDP International president and CEO Richard Bolte Jr is unusually candid about the peculiarities of being in a family business. “Family businesses are
      927 words
  • Page 9 Advertisements
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      122 9 HAVE a pressing question about a corporate-law-related issue that your company is facing? Lawyers from Stamford Law will provide their expert advice and answers to your queries on a weekly basis. All you need to do is send us an e-mail with your query at btnews@sph.com.sg and include particulars such
      122 words
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      Lock icon Page 9 Advertisements Column 2
      89 9 A STRATEGY for retailsuCCESS t a fa For leasing enquiries, call 6279 7300 or visit www.thegrandstand.com.sg At 200 Turf Club Road (formally Turf City), the newest and biggest family lifestyle destination in the Bukit Timah district is getting ready to transform how we live, play and unwind giving new meaning
      89 words
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  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • Article
      Lock icon Africa: the next growth frontier
      1850 10  -  Africa’s murky image deters some investors, but those already there say the prospects are bright and there is money to be made By NICHOLAS BRAY This article was first published on INSEAD Knowledge (knowledge.insead.edu). WARS, civil strife and corruption have given Africa a dubious reputation.
      1,850 words
    • Article, Illustration
      Lock icon Hard-wired for risky investing
      1097 10  -  Lim Bing Li says this will allow him to achieve financial freedom by the age of 40. STARTING YOUNG FOOreports KENNETH FOOreports THERE is an age-old rule for figuring out how much of your portfolio to put in stocks just subtract your age from 100. But
      ARTHUR LEE  -  1,097 words
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      31 10 If you’re between the ages of 17 and 30, and think you’ve got an interesting investing or entrepreneurial story to share, do email btyif@sph.com.sg with ‘Starting Young’ in the subject heading
      31 words
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      Lock icon Page 10 Advertisements Column 2
      156 10 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
      156 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon US Budget deficit to remain at US$1t, says White House
      755 11 But it says deficit will fall to US$600b in 2014 and jobless rate will drop to 7.9% this year The Washington Post [WASHINGTON] The US federal budget deficit will top US$1.2 trillion this year and approach US$1 trillion again next
      The Washington Post; AFP  -  755 words
    • Article, Illustration
      Lock icon Elderly retirees are Spain’s silent heroes
      906 11 They are supporting their unemployed children, grandkids NYT [ZARAGOZA, Spain] Dolores Fernandez Mora, 76, and her husband, Mariano Blesa Julve, 75, once thought that they would end their days in relative comfort, their house paid off and a solid pension of about US$1,645 a
      NYT; BLOOMBERG  -  906 words
    • Article, Illustration
      Lock icon US intelligence predicts big drop in poverty by 2030
      493 11 Global middle class seen rising from 1 b people to 2b: NIC AP [ASPEN, Colorado] Poverty across the planet will be virtually eliminated by 2030, with a rising middle class of some two billion people pushing for more rights and demanding
      AP; REUTERS  -  493 words
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      774 11 WAT3 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices CORRIGENDUM IN THE MATTERS OF CLEGHORN, WILTON ASSOCIATES (SINGAPORE) PTE LTD (Co. Reg. No. *****3119R) (IN MEMBERS’ VOLUNTARY LIQUIDATION) Reference to notice published on 24 July 2012 in the Business Times, the correct date for creditors to submit particulars of debts claims,
      774 words
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  • VIEWS FROM THE TOP
    • Article, Illustration
      Lock icon Raising the bar
      2096 12 THIS WEEK’S TOPIC What is your reaction to the changes to the admission criteria for the SGX main board? Given that some listed companies, especially those linked to China, have not exactly covered themselves in glory, should even more be done to uphold the reputation of our
      REUTERS  -  2,096 words
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  • SINGAPORE CORPORATE AWARDS
    • Article, Illustration
      Lock icon Raising the bar on transparency
      1014 14 GOOD corporate governance was celebrated at the Singapore Corporate Awards (SCA) on July 17, as a fresh crop of champions were rewarded for their dedication to transparency and disclosure. Seven individuals and 29 listed companies were honoured at a gala dinner at The Ritz Carlton
      Photos by JOHN HENG and RAYMOND TOH  -  1,014 words
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  • MALAYS IA/IN DON ESI A
    • Article, Illustration
      Lock icon M’sian glove makers gear up to stay on top
      548 16  -  Industry plans to pump in RM7.3b to automate to keep costs at bay By PAULINE NG By in Kuala Lumpur MALAYSIA’s top ten glove manufacturers plan a capital reinvestment of some RM7.3 billion (S$2.88 billion) leading up to 2020 to upgrade
      PHOTO: BLOOMBERG  -  548 words
    • Article
      Lock icon Small Indonesian cities are catching up
      425 16 6% annual growth is faster than that of Jakarta’s Xinhua [JAKARTA] Smaller cities in Indonesia are growing faster than the capital city as they catch up with development, local media reported. Citing a McKinsey Global Institute report, they said that the economies in Indonesia’s
      Xinhua  -  425 words
    • Article, Illustration
      Lock icon Shrewd move by Fernandes, looking up at ‘open skies’
      551 16  -  Acquiring Batavia Air gives him access to its extensive travel office network in Indonesia MALAYSIA INSIGHT S JAYASANKARAN KL Correspondent MAVERICK Malaysian businessman Tony Fernandes increased his budget carrier’s presence in Southeast Asia last week by dint of a strategic acquisition.
      551 words
    • Article
      Lock icon BURSA MALAYSIA
      1666 16 VOL Jul 27 RM +/-(‘000) A M Realty 0.52 unch 0 VOL Advance Synerg 0.16 unch 30 Adventa Bhd 1.91 unch 211 Ae Multi Hldgs 0.20 unch 34 Affin Holdings 3.62 0.02 1448 Ahmad Zaki Res 0.69 0.01 136 Airasia Bhd 3.73 unch 2497 Alliance Finan 4.25 0.02
      1,666 words
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      18 16 DOWNLOAD THE NEW 31.BFM ANDROID APR NOW! Wi FACEBOOK.COM/NINETYONETHREE FOLLOW US ON TWITTER BRADIO_B13 LOG ON TO WWW.RADIOB13.COM
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      31 16 THE STRAITS TIMES SUBSCRIPTION PLEASURES Subscribe Now And Get This Or Other 0T0 Gifts! OTO e-Shape.„ OTO e-Shape Slimming Belt u.p. $298 Find out more at www.STsubscribe.com or call 6388 3838
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  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon Rising wages threaten China’s competitiveness
      696 17 Labour costs will match the US within four years, says Natixis study AFP [BEIJING] Rapid wage increases are threatening China’s competitiveness, but improved productivity and other advantages mean that it will continue to attract investors, analysts say. Labour costs in China would match those of
      AFP  -  696 words
    • Article, Illustration
      Lock icon India’s riot-hit Maruti’s Q1 profit down 23%
      621 17 Adverse currency movements hit profits negatively AFP [NEW DELHI] India’s biggest carmaker Maruti Suzuki has reported a 23 per cent plunge in quarterly profit, missing market forecasts as the company struggles to recover from deadly labour unrest. Maruti said net profit fell to
      AFP  -  621 words
    • Article
      Lock icon Authorities blamed for Assam violence
      791 17 Nothing was done despite warnings of impending conflict NYT [NEW DELHI] There is a numbing familiarity to the riots that struck the eastern Indian state of Assam this month, leaving 48 dead and 400,000 people homeless. The violence had been building for months and even
      NYT  -  791 words
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      365 17 WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF CULTER HOLDINGS PTE. LTD. COMPANY REG. NO. *****0752K (IN MEMBERS’ VOLUNTARY WINDING UP) At an Extraordinary General Meeting of the abovenamed Company duly convened and deemed held on
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      521 17 -fe 4 /U HANWELL HOLDINGS HANWELL HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Company Registration Number *****0888M) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting (“EGM”) of Hanwell Holdings Limited (the “Company”) will be held at 3.00 p.m. on f7 August 2012 at
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  • WORLD
    • Article, Illustration
      Lock icon Putin lieutenant close to consolidating Rosneft
      618 18 Final step would be to acquire BP’s half of its TNK-BP venture in Siberia AFP [MOSCOW] The man regarded as President Vladimir Putin’s most powerful lieutenant may now be just three months away from cobbling together the world’s biggest publicly traded oil company for
      AFP  -  618 words
    • Article, Illustration
      Lock icon Luxury goods makers post rising first-half profits
      527 18 AFP [PARIS] Fuelled by surging demand in China, luxury goods makers are bucking the global economic slowdown and reaping huge profits on sales of high-end handbags, expensive jewellery and posh perfumes. Results for the first half of 2012 released last week showed that
      AFP  -  527 words
    • Article
      Lock icon 100 days left: Obama ahead but vulnerable
      714 18 Republicans closing gap as US economy remains sluggish AFP [WASHINGTON] With 100 days to go before the US election, President Barack Obama appears to have a slight edge over Republican rival Mitt Romney, though he is still at the mercy of a stumbling
      AFP  -  714 words
    • Article
      Lock icon Global travel industry gears up for Muslim tourist boom
      563 18 Destinations providing for needs such as prayer rooms, permissible food, halal spas AFP [SINGAPORE] From halal spas to prayer rooms at airport terminals, the global tourism industry is gearing up for a projected boom in Muslim travel over the next decade,
      AFP  -  563 words
    • Article
      Lock icon Sept is ‘make-or-break’ month in eurozone
      552 20 German court will rule on ESM; Dutch polls may snarl up Greece bailout talks Reuters [BRUSSELS] Over the past couple of years, Europe has muddled through a long series of crunch moments in its debt crisis, but this September is shaping up as a
      Reuters  -  552 words
    • Article, Illustration
      Lock icon Osborne urged to reconsider UK’s austerity strategy
      526 20 Bloomberg [LONDON] Chancellor of the Exchequer George Osborne was urged by businesses and his political opponents to reconsider the UK’s austerity strategy, as economists warned the nation could face a “tri-ple-dip” recession. The London-based Sunday Times newspaper reported economists’ concerns that the euro-area
      Bloomberg  -  526 words
    • Article
      Lock icon Germany’s no-nuke move powers EU’s solar, wind projects
      378 20 Reuters [BRUSSELS] Germany’s decision to abandon nuclear energy and dwindling domestic subsidies for renewables have stoked a dazzlingly ambitious plan to expand Europe’s energy market into North Africa, with an array of giant solar and wind plants glinting in the desert sun.
      Reuters  -  378 words
    • Article, Illustration
      Lock icon Greeks agree on most cuts, now eye wages, pensions
      598 20 Reuters [ATHENS] Political leaders in Greece have agreed on most of the austerity measures demanded by its creditors and are now eyeing pension and wage cuts to find the final 1.5 billion euros (S$2.4 billion) of savings still needed, a source
      Reuters; AFP  -  598 words
    • Article, Illustration
      Lock icon Hamilton wins Hungarian Grand Prix with a flawless performance
      580 20 AFP [BUDAPEST] Lewis Hamilton delivered a flawless drive from pole position to the chequered flag to win yesterday’s Hungarian Grand Prix for McLaren and revive his challenge for this year’s Formula One drivers’ world championship. The 27-year-old Briton took control of
      AFP  -  580 words
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      462 18 V WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices XINREN ALUMINUM HOLDINGS LIMITED (Incorporated in Singapore on 29 August 2006) (Company Registration No. *****2545H) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting (the “EGM”) of XinRen Aluminum Holdings Limited (the “Company”) will be held
      462 words
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      382 18 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF WOBELL PTE LTD (IN MEMBER’S VOLUNTARY LIQUIDATION) (Company Registration no. *****2362N) NOTICE OF FINAL MEETING Notice is hereby given that pursuant to Section 308 of the Companies Act, Chapter 50, the Final Meeting of the Member
      382 words
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      149 19 PLEASURES “I enjoy more rewards and benef its by paying my subscr i pt ion direct l y t o SP H.” “Subscr i bing t o Straits Times (S T Pr int O n l ine and Mobile packages br ings me wonder ful gifts.” Sure-GetGiftswithanySubscriptionPackage forAll-in-OnePackagesSpecialBuy inSensationalDrawWinPrizes whenyousignupforanysubscriptionpackage.
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  • SHIPPING/AVIATION
    • Article, Illustration
      Lock icon China shipyards hit by vessel oversupply
      1054 21 Glut pushes prices to eight-year lows, causes 49% drop in H1 orders Bloomberg [LONDON] China has too many ships. The glut has pushed new vessel prices to eight-year lows and caused a 49 per cent plunge in first-half orders at the nation’s more than
      Bloomberg; REUTERS  -  1,054 words
    • Article, Illustration
      Lock icon EADS almost doubles profit in H1
      617 21 Earnings jump to 1.4b euros; firm lifts full-year forecast Bloomberg [LONDON] European Aeronautic, Defence Space Co (EADS) almost doubled first-half profit and lifted its full-year forecast as the Airbus SAS jetliner unit increased output and prices after racking up a record backlog. Europe’s No
      Bloomberg  -  617 words
    • Article
      Lock icon Baltic index slides on slower cargo trade
      418 21 Reuters [LONDON] The Baltic Exchange’s main sea freight index, which tracks rates to ship dry commodities, fell on Friday as the market continued to struggle with slower cargo trade and mounting fleet growth. The overall index fell 2.61 per cent or 25 points
      Reuters  -  418 words
    • Article
      Lock icon Hackers could cause mayhem with global air traffic control: researcher
      523 21 AFP [LAS VEGAS] Air traffic control software used around the world could be exploited by hackers to unleash squadrons of ghost planes to befuddle those entrusted to keep the skies safe, a security researcher said. Cyprus-based Andrei Costin demonstrated his
      AFP  -  523 words
    • Article
      Lock icon TRANSPORT STOCKS
      248 21 SGX '000 Jul 27 S$ +/-Vol CH Offshore 0.40 0.01 325 Chuan Hup Hldg 0.23 unch 155 Cosco Corp 0.95 -0.02 5071 s$ First Ship Lea 0.15 unch 2531 Freight Links 0.06 unch 1034 Grand Banks 0.21 0.01 1130 Jaya Hold Ltd 0.57 unch 20 K1Ventures 0.13 unch
      248 words
    • Article
      Lock icon The Business Times Shipping Times
      3417 26 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 Destination STXPO
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  • Page 21 Miscellaneous
    • Miscellaneous
      Lock icon Page 21 Miscellaneous Column 1
      341 21 CRYPTIC CROSSWORD Across 1 Filming spectators in range (8,7) 9 Unfashionable players in Coventry? (7) 10 Quietly admit to be lacking depth (7) 11 I’m ready to face university with no preparation (9) 12 One attached to back language (5) 13 Analysed shift duties before start of day (7) 15
      341 words
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  • DINING
    • Article, Illustration
      Lock icon Hits and misses
      754 22  -  NEW RESTAURANT Wooloomooloo Steakhouse 2 Stamford Road, Level 3 Swissôtel the Stamford, S’pore *****2. Tel: 6338 0261 By Jaime Ee SO you want to open a steak restaurant but you don’t know what to call it. You don’t want to be so obvious as to name it
      754 words
    • Article, Illustration
      Lock icon Healthy fare
      282 22  -  NEW RESTAURANT Waterfall Cafe Shangri-La Hotel Singapore Orange Grove Road S’pore *****0 Tel: 6213 4398 By Jaime Ee IF you missed the old Waterfall Cafe at Shangri-La’s poolside with its skew-er-like satay and local coffee house fare decades ago well, it’s never coming back. Instead of a blast
      282 words
  • Page 22 Advertisements
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      268 22 p gnTS j /I III 1\ s JL ■y '*»-■w r- 1 SHARING THE JOY OF OUR NATION 1 TO 31 AUGUST 2012 HAPPY BIRTHDAY, SINGAPORE! (p This August, join in the jubilant commemoration of our nation's 47 th birthday with attractive $47* dining promotions at Marina Mandarin Singapore! Relish
      268 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      3093 23 Week ended: Jul 27 52-wks Tel Last Vol Week Last Quote Div GrYld Net M Cap High Low Code Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Company Last Sale Vol ('000) 132 92.5 AIMSAMPIReit 127.5cd +0.5 2230 129 124.5 127.5 128 6.5 12.2 568.6 High
      3,093 words
    • Article
      Lock icon SGX CATALIST
      221 24 52-wks Tel Last Vol Week Last Quote Div Gr Yld Net M Cap High Low Code Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Low Code Company Last 4.6 1.3 t Advanced System 1.8 unch 1523 1.9 1.8 1.8 1.9 23.8 Vol (‘000) Week Last Quote
      221 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      117 24 Stock name Close Change Stock name Close Change Stock name Close Change CapMallsAsia 1.615 +0.005 CapitaLand 2.980 +0.010 CapitaMall 1.950 -0.015 CityDev 11.640 +0.020 ComfortDelGro 1.635 -0.005 DBS Grp 14.650 -0.010 F&N 8.400 +0.020 GLP 2.200 -0.020 Genting SP 1.225 +0.005 Golden Agri 0.715 +0.005 HK
      117 words
    • Article
      Lock icon STOCKS ASIA
      2214 24 Transaction date: Jul 27 HONG KONG Vol HK$ +/-'000 Aeon Stores 23.10 0.10 2 Angang Steel 3.65 0.12 8607 Anhui Conch 20.05 0.75 9088 Anhuiexpresswa 3.36 0.04 1180 Asia Satellite 20.90 0.45 416 Asm Pacific 101.10 2.25 1258 Bank Of E Asia 26.50 0.65 964 Beida Jade Bir
      2,214 words
    • Article
      Lock icon GLOBALQUOTE
      216 24 52-Wk Last Vol Week Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 46 28.5 AVJennings A29 unch 4 29 29 29 38.5 3.6 12.1 2.3 75.5 46 25.5 Genting HK US$ US31 -1 8818 32 31 31 31.5 2041.2
      216 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 24 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 4 12 1 0 0 0 4 12 1 Manufacturing 46 117 28 11 13 12 57 130 40 Commerce 28 38 12 3 9 1 31 47 13 Tpt/Stor/Comms 10 30 5
      186 words
    • Article
      Lock icon SGX ETF
      1150 24 52-Wk Last Vol Week Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 130 114.4 ABF SG Bond ETF 120.8 +0.1 13 120.8 120.8 120.6 123 551.4 126.1 122.2 CIMB APAC Div 100S$D 126.1 +3.9 4 126.1 126.1 126.1
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      123 24 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 65,802 65,802 344,213 344,213 Manufacturing 1,535,135 211,332 1,746,467 1,611,607 5,968 1,617,575 Commerce 1,088,468 30,048 1,118,516 554,539 2,250 556,789 Tpt/Stor/Comms 367,745 66,757 434,502 694,059 18,858 712,917 Finance 96,692 10,558 107,250 744,043 4,023 748,066 Construction 307,913 34,098
      123 words
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  • Page 24 Advertisements
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      26 24 Insiders' trades. Brokers' recommendations. Dividend table. The pages also cover transactions by directors and substantial shareholders. In other words, news you can use. THE BUSINESS TIMES
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  • FINANCE & COMMODITIES
    • Article
      Lock icon SGX DERIVATIVES TRADING
      668 25 Jul 27 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT 8547.34 8569.09 8522.74 Sep12 8430.00 8580.00 8395.00 8555.00 ***** *****7 Dec12 8370.00 8400.00 8370.00 8495.00 152 ***** MSCI TAIWAN INDEX FUTURES SPOT 247.16 252.03 247.16 Jul12 245.80 252.30 244.50 252.30 *****5 ***** Aug12 242.90
      668 words
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      373 25 In local curr In S$ In US$ dy yr dy yr dy yr Jul 27 Index Change Change Change Change Change Change World Preliminary 878.3 1.2 5.8 1.1 1.3 1.3 5.2 EAFE Preliminary 699.9 1.5 2.6 1.5 -2.8 1.7 1.0 Europe Preliminary 1057.3 1.5 3.0
      373 words
    • Article, Illustration
      Lock icon SMX MARKET UPDATE
      158 25 As on 27 July 2012 www.smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE VOL (in Lots) PRECIOUS METAL GOLD FUT AUG2012 1628.40 1616.10 1618.30 124 INDIA GOLD (E-GOLD) FUT AUG2012 539.00 536.30 537.95 1412 GOLD FUT OCT2012 1627.70 1616.90 1620.60 86 INDIA GOLD (E-GOLD) FUT OCT2012 541.10 538.15 544.60
      158 words
    • Article
      Lock icon CHICAGO BOT
      107 25 Jul 27 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Aug 12 1684.25 1655.75 1694.75 1641.00 Sep 12 1627.75 1596.50 1636.75 1581.75 Nov 12 1601.75 1567.50 1612.00 1550.75 Jan 13 1591.25 1555.00 1599.75 1538.00 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Aug 12 52.04
      107 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      70 25 CRUDE OIL PRODUCTS Jul 26 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 105.33 2.36 WTI (Near Mth) 89.51 0.65 Dubai (1-Mth F) 100.20 0.05 Tapis blend 105.90 -0.46 Minas 106.50 -0.46 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 91.11 -0.50 Jet Kerosene 119.58 0.58 US$/barrel OpecOil Basket
      70 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      22 25 Jul 27 S$ Bid Offer 1-month 1.2520 1.2527 2-months 1.2519 1.2526 3-months 1.2517 1.2525 6-months 1.2505 1.2513 Source: OCBC
      22 words
    • Article
      Lock icon LONDON METALS
      64 25 Jul 27 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1862.00 1846.00 3 months 1895.00 1878.00 Copper, Grade A(US$/tonne) Cash 7557.00 7464.50 3 months 7565.00 7470.00 Lead(US$/tonne) Cash 1918.75 1878.50 3 months 1924.00 1885.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin(US$/tonne) Cash *****.00 *****.00 3 months *****.00
      64 words
    • Article
      Lock icon LIFFE
      80 25 Jul 27 COCOA (£/tonne) Close Prev High/Low Sep 12 1603 1585 1608/1584 Dec 12 1583 1567 1585/1566 Mar 13 1558 1545 1560/1545 May 13 1557 1545 1560/1545 COFFEE(US$/tonne) Close Prev High/Low Jul 12 2229 2192 2244/2232 Sep 12 2246 2209 2260/2222 Nov 12 2200 2179 2218/2184 Jan 13 2162
      80 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      1282 25 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 4 1 146 384 7.75 22 Conv Ratio Exer Baker Technology Ltd W*****6 1.5 0.4 1086 1 32 10 20.33 4 Prem Best World Intl Ltd W*****5 0.6
      1,282 words
    • Article
      Lock icon INTERBANK CROSS RATES
      471 25 Australia Jul 27 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.053 6.647 0.849 8.085 57.819 98.805 0.816 11.870 3.291 1.299 98.550 43.681 1.305 8.588 1.020 31.364 32.878 0.665 1.042 Canada 0.950
      471 words
    • Article
      Lock icon SIBOR
      58 25 Jul 27 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 1.***** 0.***** SWAP Offer rates (S$) 0.***** 3 mths 0.***** 6 mths 0.***** SWAP Mid rates (S$) 12 mths 0.***** SWAP Mid rates
      58 words
    • Article
      Lock icon PRECIOUS METALS
      135 25 Jul 27 GOLD(US$/oz) Jul 26 Jul 27 Hong Kong 1612.50 1626.00 Jul 27 Jul 27 Jul 26 London 1616.26 1613.39 1617.03 1614.61 Source: Thomson Reuters CAST BAR Jul 27 (S$) Selling Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 156 65 5gm 442 324 10gm 790
      135 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      92 25 Jul 27 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****Z 25-Oct-12 0.23 6-Month BS*****Z 24-Jan-13 0.23 0.17 0.17 1-Year BY*****T 02-May-13 0.23 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0H 0.25 01-Feb-14 100.12 5-Year N*****0Z 2.375
      92 words
    • Article
      Lock icon PALM OIL
      57 25 Jul 27 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Aug 12 2895.0 2855.0 2910.0 2881.0 440 3610 Sep 12 2894.0 2869.0 2920.0 2880.0 1529 ***** Oct 12 2905.0 2882.0 2930.0 2891.0 ***** ***** Nov 12 2914.0 2890.0
      57 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      154 25 Jul 27 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.3046 1.3059 1.0420 1.0425 Canadian dollar 1.2392 1.2404 0.9902 0.9898 Euro 1.5367 1.5378 1.2274 1.2276 NZ dollar 1.0041 1.0060 0.8020 0.8031 Sterling pound 1.9629 1.9644 1.5678 1.5681
      154 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 25 As at 9am Jul 27 Currencies Sell Buy Aust dollar 1.330 1.267 Can dollar 1.268 1.208 Euro 1.572 1.498 Sterling pound 1.998 1.922 NZ dollar 1.029 0.980 US dollar 1.269 1.221 Local dollars to 100 units of foreign currency: Currencies Sell Buy Chi renminbi 20.361 19.209
      121 words
    • Article
      Lock icon INTERBANK RATES
      160 25 Jul 27 $S Offer Bid 0vernight 0.05 0.02 1-month 3/8 1/4 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.14 US$ Offer Bid 7 days 0.25 0.15 1 month 0.40 0.20 2 months 0.45 0.25 3 months 0.55 0.35 6 months 0.85 0.65 9 months 1.05 0.85 12
      160 words
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  • Page 26 Advertisements
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      Lock icon Page 26 Advertisements Column 1
      59 26 Experienced Slfl s p maintenanc services wanted Can they find your services Here in the Shipping Times? TO ADVERTISE, CALI IOE WONG AT 9620 1327 THE BUSINESS TIMES Shipping Times I FREIGHT FORWARDER urgently needed by shippers TO ADVERTISE, CALL JOE WONG AT 9620 Can they find your services here
      59 words
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  • Page 27 Advertisements
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      Lock icon Page 27 Advertisements Column 1
      132 27 TO ADVERTISE IN .THE BUSINESS TIMES MIL UUJINLJJ IIIVILJ Shipping Times CALL JOE WONG I FREIGHT FORWARDER urgently needed by shippers i Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE WO IMG AT 9620 1327 Announce Your Corporate Development! Come publicise your Project Completion,
      132 words
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  • BizIT THE BUSINESS OF INFOCOMM TECHNOLOGY
    • Article, Illustration
      Lock icon Mobile e-commerce a fast rising priority: Akamai
      808 28  -  Retailers are catering to consumers who use their phones to browse and shop, reports VICTORIA HO reportsVICTORIA reportsVICTORIA HO E -COMMERCE stores are starting to build their mobile sites together with desktop versions, and some are even prioritising the mobile versions first, according
      808 words
    • Article
      Lock icon Apple, Samsung set for patent clash in US
      342 28 Little chance of settlement seen in ‘cutthroat’ suit Bloomberg [SAN FRANCISCO] Apple Inc and Samsung Electronics Co, having waged their patent battle on four continents, are now on a collision course in California with little prospect of a settlement before a jury
      Bloomberg  -  342 words
    • Article
      Lock icon Cross platform solutions key to survival
      778 29  -  Motorola Solutions feels this will future-proof apps against OS changes By AMIT ROY CHOUDHURY CROSS platform solutions are becoming a necessity with smartphones running on different operating systems (OSes) becoming common within enterprises. Motorola Solutions’ Mark Kirstein told BizIT that such solutions give application
      778 words
    • Article, Illustration
      Lock icon Two location-based apps map S’pore’s innards
      573 29  -  By VICTORIA HO A RECENT 48-hour “hackathon” called UP Singapore gave birth to a crop of five new app prototypes. Within these, two small teams created location-based apps which map the city’s pulse with data feeds. Liveliness is an app that helps people identify
      573 words
    • Article
      Lock icon No deal between Apple and Twitter: sources
      161 29 Bloomberg [SAN FRANCISCO] Apple isn’t currently in talks with Twitter about investing in the operator of a micro-blogging service, according to two people familiar with the matter. The two were in discussions more than a year ago and talks ended without an agreement,
      Bloomberg  -  161 words
    • Article, Illustration
      Lock icon Canon finally goes mirrorless
      718 29  -  EOS M a solid product that plays to firm’s strengths By AMIT ROY CHOUDHURY SEVERAL years ago, a Nokia official claimed that the Finnish company was the world’s largest maker of digital cameras. Technically he was right, almost all Nokia phones came with a digital camera.
      718 words
    • Article, Illustration
      Lock icon Can Windows bring magic back to Nokia?
      997 30  -  Till recently the world’s top mobile phone maker, the Finnish company has been struggling to adapt to a new marketplace <news analysis> By CLEMENT TEO THERE seems to be no end in sight to the woes of struggling Finnish phonemaker Nokia Oyj. In
      BLOOMBERG  -  997 words
    • what’s up
      • Article
        Lock icon Canon 7D upgrades firmware
        60 30 CANON is providing a major firmware upgrade to version 2 for its EOS 7D digital SLR. It’s available in August from the Canon website, and provides the ability to shoot a higher number of maximum shots during continuous burst shooting. The camera can now do jpeg
        60 words
      • Article
        Lock icon Internet monitor from HP
        48 30 HP has launched its first commercial Internet monitor. It’s meant to allow Web access without being powered by a PC. This is targeted at business lobbies, waiting rooms and airports, for example. The Passport 1912nm Internet Monitor is available from mid-September, starting at $559.
        48 words
      • Article, Illustration
        Lock icon Budget BlackBerry Curve
        41 30 THE BlackBerry Curve 9320 (right) has been launched. The budget smartphone comes with BlackBerry’s latest 7.1 OS and features a dedicated key to access BlackBerry Messenger, which allows chatting with other BlackBerry devices. It is available at $328.
        41 words
      • Article
        Lock icon Angry Birds on Samsung TVs
        45 30  -  Compiled by VICTORIA HO SAMSUNG’S Smart TV range can now access Angry Birds as an app. For TV models with motion control technology, users can control the game with physical gestures. New Smart TVs are coming preloaded with the game.
        45 words
  • Page 28 Advertisements
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      Lock icon Page 28 Advertisements Column 1
      46 28 STOP! STOP y Don't be taken on a wild goose chase to find your perfect ride. Turn to CATS Classified's vehicles classes, and you'll find the freshest and most extensive listing of new and pre-owned cars in all makes and models. WAT3 BUY IT-SELL IT-FIND IT
      46 words
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  • Page 29 Advertisements
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      Lock icon Page 29 Advertisements Column 1
      143 29 TM Gsrr IIIKIM. INNOVATION. SERVING GSTF Business Intelligence Asia Pacific Summit 2012 September 13 -14 Singapore Business Analytics (BA) has been effective in decision making for 3 out of 4 enterprises Among the improvements are increased profitability, reduced cost, faster decision making and critical performance improvements 99 Bloomberg survey, 2012
      143 words
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  • Page 30 Advertisements
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      Lock icon Page 30 Advertisements Column 1
      120 30 I X y iiii ;ii; mi i j /j t K r W r r>\ A smart idea in one city can make any city smarter. While every one is unique, many face similar challenges. IBM experts are teaming up with citizens and civic leaders on over 2,000 projects to
      120 words