The Business Times, 24 May 2010

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Microfilm: NL30669
Total Pages: 30
1 30 The Business Times
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  • Title Section
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    23 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|Sl A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 123/08/2009 Monday, May 24,2010
    23 words
  • Article, Illustration
    Lock icon Farewell to a founding father
    1012 1  -  MM Lee says of all his Cabinet colleagues, Goh Keng Swee made the greatest difference to the outcome for Singapore By ANNA TEO [SINGAPORE] With the passing of Goh Keng Swee, Singapore has lost a remarkable and outstanding son, Minister Mentor Lee Kuan Yew said
    PHOTOS BY DESMOND FOO/THE STRAITS TIMES  -  1,012 words
  • Article, Illustration
    Lock icon Grandson recounts Dr Goh’s great humility
    488 1  -  By JAMIE LEE [SINGAPORE] The late Goh Keng Swee was passionate about photography but didn’t like being in front of the camera himself. From the eyes of grandson Goh Ken-Yi, the cam-era-shy persona of Dr Goh was an odd contradiction that reflected the humility
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  • Article
    Lock icon MARKETS DIGEST
    157 1 BT ONLINE BT print subscribers get free access to BT Online at www.businesstimes.com.sg. For more information, e-mail btocs@sph.com.sg or call 6388-3838. MARKETS Weekly Change ST Index 2,701.201 -154.01 KL COMP 1,285.73 -53.57 NIKKEI 225 9,784.54 -677.97 HANG SENG 19,545.83 -599.60 SET INDEX 765.54 -3.25 JAKARTA COMP 2,623.22 -235.17
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      175 1 BizIT Infineon ramps up research activities JOBS Private banks are hiring with a vengeance PAGE 2 DINING OUT New menu at Summer Palace Page 22 VIEWS FROM THE TOP Where the best opportunities for overseas expansion are PAGES 12 13 PAGE THE LEADER'S WATCH The Oyster Perpetual Day-Date is the
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      4 1 More pictures, Page 7
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  • TOP STORIES
    • Article
      Lock icon Hiring pace of 2007 back for private banks
      716 2  -  Several banks hiring mainly locals, but foreign resumes also flooding in By SIOW LI SEN [SINGAPORE] Private banks are hiring with a vengeance, with some headhunters saying the frenzy of the heyday of 2007 is back. Also being heard is an old
      716 words
    • Article, Illustration
      Lock icon Caution flags still waving for stocks
      929 2  -  WALL STREET INSIGHT By ANDREW MARKS DAYS like last Friday when buyers came back in the last trading hour to lift stocks to a triple-digit day of gains may be heartening but they hold little meaning for the teetering US stock market unless repeated,
      AFP  -  929 words
    • Article
      Lock icon THREE-MINUTE DIGEST
      540 2 Farewell to a founding father “OF all my cabinet colleagues, it was Goh Keng Swee who made the greatest difference to the outcome for Singapore,” said Minister Mentor Lee Kuan Yew in a tribute to his former deputy when he was prime minister. FRONT PAGE Hiring pace of
      540 words
    • Article
      Lock icon Market signs suggest pullback is but a correction
      633 2  -  By TEH HOOI LING [SINGAPORE] Is it the start of a bear market or are we in correction phase right now? That’s the proverbial sixty-four thousand dollar question. The majority of market watchers seem to think it is the latter, but with
      633 words
    • Article, Illustration
      Lock icon Second link among studies to improve Jurong Island
      552 4  -  Environment, water, energy, logistics and feedstock options are areas looked at By RONNIE LIM [SINGAPORE] Many new projects ranging from a second road link with the mainland to facilitate the daily commute of its fast-growing workforce, to an LPG (liquefied petroleum gas)
      552 words
    • Article, Illustration
      Lock icon Not a closed chapter for Borders in Singapore
      373 4  -  By JAMIE LEE [SINGAPORE] Borders Singapore is not closing down, despite rumours among some bookworms that the bookstore’s days are numbered, following several clearance sales in recent months. On the contrary, it says it is planning to expand here. The bookstore whose
      FILE PHOTO  -  373 words
    • Article
      Lock icon Maradona to get snazzy World Cup loos
      473 4 AFP Reuters [JOHANNESBURG] Argentina coach Diego Maradona is to get luxury toilets at next month’s World Cup following a special request from the Argentine Football Association, a South African newspaper said yesterday. Maradona’s snazzy loos will include new wash basins, toilet bowls, cisterns,
      AFP; Reuters  -  473 words
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      74 2 adv 60,000 Hotels Worldwide Best Rates Instant confirmation www.luxury.com.sg All-Touch Virtual Call Centre Hosted Call Centre, Hosted SMS, Hosted Fax, Hosted CRM, On-Demand. No need to buy, subscription basis. From $1,500 »Answer Calls from office, home or anywhere with Internet 1 Low IDD call charges Backup and Redundancy Automatic Call
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      57 2 DB Platinum Branchen Stars R1C-A 17/05/10 123,49 EUR db X-MACRO Trading Index Fund I4D 11/05/10 100,65 GBP DB Platinum II FX Select Guaranteed Fund R1D 17.05.10 100,37 USD DB Platinum IV Balanced Currency Harvest Euro 11C 17/05/10 101,78 EUR Booster Capital Guaranteed Fund SGD R1D 22/04/10 9,31 SGD Double Joy
      57 words
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      110 3 Turkey has over three times as many acres of vineyards as South Africa. Next time you share a Chardonnay, have a peek at the label. It might surprise you. A new country is pleasing the palate of wine connoisseurs. And while it plants, nurtures, treads and tastes, it helps an
      110 words
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      891 4 r»AT-=i <2? NOTICES BUY IT SELL IT FIND IT Toll free: 1800-289-8822 Email: notices@sph.com.sg STATE STREET Head office State Street Financial Center, One Lincoln Street, Boston, Massachusetts *****-2900, United States Singapore office 168 Robinson Road, #33-01 Capital Tower, Singapore *****2. Tel: +65 6826 7100 CONSOLIDATED STATEMENT OF CONDITION As of
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      91 5 •W PATEK PHILIPPE GENEVE A rare chance to look inside the world of a family-owned watch company. Patek Philippe requests the pleasure of your company at an exclusive exhibition of 250 rare and legendary timepieces from the Patek Philippe Museum Geneva, Grand Complications and the new 2010 collection. The St.
      91 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon STI may open higher on short-covering
      692 6  -  STOCKS R SIVANITHY Senior Correspondent THESE are certainly interesting times. The euro is under attack due to a loss of confidence in the monetary union and Wall Street banks are under siege from an Administration that appears fed up with their obscene practices. What
      692 words
    • Article
      Lock icon The euro may face more downside amid uncertainty
      499 6  -  CURRENCY WATCH By JOSEPH TAN Joseph Tan is with the Forex Dept at Phillip Futures THE euro currency is used by the euro-zone which is made up of 16 European countries, namely Austria, Belgium, Cyprus, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg,
      499 words
    • Article
      Lock icon Debt crisis fears sink crude oil, metals
      400 6 COMMODITIES AFP [LONDON] Many commodities plunged last week, with oil approaching 10-month lows, as traders worried about the eurozone debt crisis, the strong dollar, Chinese demand and falling global share prices. Gold faced heavy losses as many traders also took profits after striking
      AFP  -  400 words
    • Article
      Lock icon RISES
      114 6 BY CENTS CLOSE UP DBXT S&P Short 10US$ 5476 487.4 6.7 STI 3000BNPePW*****9 68 24.0 54.5 OCC 3.93% NCPS10 8780 20.0 0.2 STI 2900BNPePW*****9 46 20.0 76.9 STI 2850BNPePW*****9 45 17.5 63.6 STI 2850 DBePW*****2 43 15.5 56.4 AnwellTech 58.5 8.0 15.8 CityDev.ES.1005 1036 8.0 0.8 STI 2800BNPePW*****9 15.5
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    • Article
      Lock icon FALLS
      120 6 BY CENTS CLOSE DOWN DBXT Nifty 10US$ ***** -1747.0 -10.7 GLD 10US$ *****-870.6 -5.1 DBXT AUDMM 5SG$ *****-830.0 -3.5 DBXT MSKorea 10US$ 4248-590.3 -9.0 DBXT FTVietnam 10US$ 4173-474.8 -7.5 DBXT MSEurope 10US$ 3681-394.5 -7.1 JMH 3304-363.5 -7.2 DBXT MSAsExJp 10US$ 2529-362.1 -9.2 DBXT DJE50 10US$ 3416-360.7 -7.0 DBXT FTChina25
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    • Article
      Lock icon BROKERS’ RECOMMENDATIONS
      1335 6 Consensus No. of Forecast Mean Fri’s recommendation esti-EPS PE target price Company name This wk Last mth mates (cents) (ratio) price Allgreen Properties 2.00 2.00 11 11.71 9.31 1.44 1.09 ARA Asset Mgt 1.67 1.67 3 7.13 12.84 1.15 0.92 Armstrong Industrial Corp 1.00 1.00 2 4.45 7.98
      1,335 words
    • Article
      Lock icon CURRENCIES
      87 6 Where S$ stands May 21 CHNG YR 2010 CLOSE FR May 20 S$ LOW S$ HIGH US$ 1.4072 -0.03 1.4219 1.3680 Euro 1.7617 -1.20 2.0153 1.7060 Pounds 2.0284 -0.35 2.2831 2.0003 A$ 1.1652 0.31 1.2960 1.1652@ Yen* 1.5629 -1.39 1.5927 1.4467 Rupiah* 0.***** 0.13 0.***** 0.***** Baht* 4.3385 0.13
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    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 6 WEEKLY
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    • Article
      Lock icon OTHER SINGAPORE INDICES
      65 6 May 21 VALUE CLOSE BT OB/OS -816.00 +18.00 BT CADI -*****.00-322.00 BT 10-day MA -*****.00 -82.00 FTSE ST Mid Cap 657.65 -11.62 FTSE ST Small Cap 506.94 -10.41 FTSE ST All Share 667.02 -12.79 FTSE ST China Top 254.11 -6.42 FTSE ST China 276.73 -6.03 FTSE ST
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    • Article
      Lock icon MOST ACTIVE STOCKS
      55 6 VOLUME Genting SP 483,755,000 Golden Agri 421,261,000 Noble Grp 239,279,000 NOL 166,686,000 Yangzijiang 151,634,000 Cosco Corp 130,252,000 SingTel 125,016,000 Wilmar 118,786,000 UniFiber 110,894,000 CapitaLand 90,923,000 VALUE($) Wilmar 680,755,658 DBS Grp 466,513,217 Genting SP 464,603,675 Noble Grp 417,996,995 SingTel 363,866,667 NOL 326,336,460 CapitaLand 324,701,912 Keppel Corp 313,786,184 UOB
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    • Article, Illustration
      Lock icon Bullish directors buy for 3rd straight week
      1385 9  -  Buyback activity among listed firms also surged sharply INSIDE MARKETS By ROBERT HALILI The writer is managing director, Asia Insider Ltd THE buying among directors rose for the third straight week while the selling remained very low based on filings on the Singapore
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      87 6 Phillip Futures Bringing Global Markets Closer to You www.phillipfutures.com.sg 6538 0500 8 <' m Brought to you by PhiISp Futures Pta Ltd (A member of PhillipCapital) CO, Reg. No: *****5695G The above information does riot constitute an investment advice, an offer/solicitation to buy/sell the above mentioned investment produces). Trading in
      87 words
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  • GOH KENG SWEE STATE FUNERAL
    • Article, Illustration
      Lock icon Final journey of a visionary and reformer
      229 7 Honours on the casket: (Above) A state flag is draped over the casket, according the highest honour to Dr Goh and (right) a bugler sounding the Last Post, representing a final farewell to the fallen at the end of earthly labours and the
      PHOTOS BY ARTHUR LEE AND THE STRAITS TIMES  -  229 words
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  • COMPANY NEWS
    • Article
      Lock icon Risks rise as need for bailouts increases in frequency
      774 8  -  HOCK LOCK SIEW By R SIVANITHY EVERY time markets plunge, there is public clamour for something to be done. The word “bailout” isn’t always used in this connection because not everyone who subscribes to a capitalist way of thinking wants to
      774 words
    • Article, Illustration
      Lock icon CitySpring back in black with $7.8m profit
      386 8  -  Q4 earnings at $1.78m; It declares DPU of 1.05 cents for the quarter By JAMIE LEE CITYSPRING Infrastructure Trust upped its cash earnings by 7.4 per cent to $23.5 million for its fiscal fourth quarter, lifted by contributions from its Australian asset, Basslink.
      BLOOMBERG  -  386 words
    • Article
      Lock icon COMPANY MEETINGS
      281 8 COMPANY MEETING PLACE DATE TIME Reyphon Agri A 10 Ang Mo Kio Street 65, #06-10 Techpoint, Singapore *****9 24-May 10.00am Rotol Spore E No. 17 Tuas Avenue 9, Singapore *****7 24-May 9.30am Debao Prop A Suntec City, 1 Raffles Boulevard, Meeting Room 206, Level 2, Singapore 25-May 10.00am
      281 words
    • Article
      Lock icon PRIME LENDING RATES
      403 8 May 21 BANKS Agricultural Bank Of China 5.5 ANZ Banking Group 6 Arab Bank PLC 5.5 Banco Bilbao Vizcaya Argentaria, S.A. 6 Bangkok Bank 6 Bank Julius Baer Co. Ltd(S) 5 Bank of America NA 5 Bank of China Limited 5.5 Bank of Communications 5.5 Bank of
      403 words
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      499 8 Accounting Accounting backlogs Messy Accounts Migration of accounting systems Reconciliation problems in P&L, fixed assets, stocks sssS*. CoWP The Accounting SWAT team offers expert help and fast turnaround to accounting problems, including any of the above. Call 6-222 6868 now for the Accounting Specialists AccountServe www.AccountServe.com.sg Bank Julius Baer Co.
      499 words
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      290 8 Bank Julius Baer Co. Ltd. Consolidated Income Statement an opinion on the effectiveness of the entity's internal control system. An audit also includes evaluating the appropriateness of the accounting policies used and the reasonableness of accounting estimates made, as well as evaluating the overall presentation of the consolidated financial statements.
      290 words
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      37 9 i§ iii jrSi m I 1 NANYANG TECHNOLOGICAL UNIVERSITY 4Z College of Engineering College of Science Nanyang College of Humanities, Arts, Social Sciences National Institute of Education S. Rajaratnam School of International Studies Earth Observatory of Singapore
      37 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon SIA undergrads’ top employer choice: survey
      566 10  -  ExxonMobil, Shell ranked 2nd and 3rd on significance of petroleum industry By TEH SHI NING SINGAPORE Airlines emerged as the most sought after employer among business, engineering and science students here, beating big-name financial institutions to the top spot in a recent employer image
      PHOTO: BLOOMBERG  -  566 words
    • Article, Illustration
      Lock icon Drew & Napier is S’pore Firm of the Year: PLC
      249 10  - Drew Napier is S’pore Firm of the Year: PLC By MICHELLE QUAH DREW Napier has been named Singapore Firm of the Year in the inaugural 2010 PLC Which lawyer? Awards conducted by Practical Law Company (PLC) the world’s leading provider of legal know-how, transactional analysis and mar- ket intelligence for
      BT FILE PHOTO  -  249 words
    • Article
      Lock icon Woodlands Waterfront launched
      285 10  -  Project part of plan to enhance green spaces, water bodies By ABIGAIL KOR WOODLANDS Waterfront Singapore’s latest recreational addition in the north was officially launched yesterday. The launch, organised by Sembawang GRC, Nee Soon Central and Nee Soon East SMCs, was held in conjunction with a community
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    • Article
      Lock icon DIVIDENDS ANNOUNCED
      1480 10 Payment Ex Books Pay (cts) date close date 8Telecom Intl bn 0.622 11-May 13-May 02-Jun ABR Hldgs ak 1.000 11-May 13-May 27-May Adampak Ltd ak 1.500 06-May 10-May 26-May AEI Corp ak 1.000 06-May 10-May 26-May AEI Corp bh 2.000 06-May 10-May 26-May AIMS AMP Cap Ind Reit
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      321 10 a leading licensed financial adviser in Singapore presents CC the future is brigh semina Venue: IPP Wealth Management Centre Address: 78 Shenton Way, Ground Floor (Next to M Hotel) Date: 27 May 2010 (Thursday) Time: 6:30pm to 9:30pm More than S$2 billion Topics include A Professional Career with IPP How
      321 words
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  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • Article, Illustration
      Lock icon Building a billion-dollar business
      952 11  -  Starting small and having significant time and resources are among tips NOAH KAGAN shares with aspiring entrepreneurs NOAH KAGAN The writer is the co-founder of Gambit, which helps online game developers monetise virtual currency. He will be speaking at the upcoming echelon 2010 conference organised by
      952 words
    • Article, Illustration
      Lock icon Bringing business outsourcing to the poor
      976 11  -  KENNY TAN looks back on his internship with the Byrraju Foundation, which seeks to help India’s rural communities CAMPUS LIFE KENNY TAN The writer is a final-year undergraduate at the School of Economics, Singapore Management University ONE who goes blind in spring, sees only
      976 words
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      45 11 THE Business Times-Citibank Young Investors' Forum is published every Monday in The Business Times. It aims to raise the financial awareness of university and polytechnic students and cultivate a better understanding of business issues. The series is part of BT and Citibank's tertiary outreach programme.
      45 words
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      160 11 MANAGING YOUR WEALTH A six-part investor education series by Citi that aims to empower readers to make better financial decisions Founded on its belief that knowledge is an investor's greatest asset, Managing Your Wealth will help readers decide on their optimal course of action, from setting priorities for their families
      160 words
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  • VIEWS FROM THE TOP
    • Article, Illustration
      Lock icon Global opportunities
      2886 12 THIS WEEK’S TOPIC: Given the current global environment, which countries and/or regions present the best opportunities for Singapore companies looking to expand overseas? Why? And the winners are ASIA Albert Phuay Yong Hen Chairman and Group CEO Excelpoint Technology Ltd FOR the IT and telecommunication industries, China and
      STOCKXCHNG, FILE PHOTO  -  2,886 words
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      124 13 Importing WE MAKE IMPORTING SIMPLE. Sometimes, one wrong move can undo everything you've done. Why not rely on DHL IMPORT EXPRESS WORLDWIDE to solve your puzzling imports? One company door-to-door. One competitive price. One invoice in one currency. That means fast delivery without excuses or hidden costs. Simple and smart.
      124 words
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  • SINGAPORE ARTS FESTIVAL
    • Article, Illustration
      Lock icon 2 theatrical realities running in tandem
      853 14  -  The play, Gatz, opens with an office scene in the 90s, where ‘office workers’ gradually morph into characters of The Great Gatsby as it progressed. By CHEAH UI-HOON By CHEAH UI-HOON ONE wonders somewhere towards the end of the six-hour play called Gatz when
      853 words
    • Article
      Lock icon Comical for children, uninspiring for adults
      619 14  -  By NATALIE KOH THE Carnival of the Animals and Peter and the Wolf started with a bang, but after a promising start on Friday night, this dou-ble-bill ended with a whimper. The amusing but inconsistent double-bill by Kamchatka, a young street theatre company, started
      619 words
  • Page 14 Advertisements
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      1655 14 MATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg fft 4 'SMt LAND BANK OF TAIWAN LAND BANK OF TAIWAN Head Office No. 46, Guancian Rd. Jhongjheng District, Taipei City *****, Taiwan (Republic of China) Singapore Branch 80, Raffles Place, #34-01, UOB Plaza 1, Singapore *****4. Tel: +65 *****555 BOARD OF DIRECTORS
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  • MALAYSIA
    • Article, Illustration
      Lock icon Audit oversight needed for Sime
      678 15  -  Many are wondering why provisions were not made earlier MALAYSIA INSIGHT PAULINE NG KL Correspondent ONE of the more anticipated corporate results, scheduled to be announced this Thursday, will be Sime Darby’s third-quarter performance. The conglomerate had already warned that its second-half performance would be
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    • Article
      Lock icon BURSA MALAYSIA
      2051 15 VOL May 21 RM +/-(‘000) A M Realty 0.59 unch 55 Abric Bhd 0.17 unch 0 Advance Synerg 0.15 unch 1632 Adventa Bhd 3.08 -0.10 496 Ae Multi Hldgs 0.54 -0.02 1708 Affin Holdings 2.85 -0.13 2616 Ahmad Zaki Res 0.79 -0.01 114 Aic Corp 0.75 unch 78
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      81 15 k Reach For The Stars Submit Your Entry For The E50 Awards Now If you are a home-grown, privately-owned business with three years of audited statements, and have achieved strong business performance, submit your entry for the 2010 Enterprise 50 Awards now. For more information, please call the Enterprise 50
      81 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon Euro is far from being out of the woods
      832 16 Prospect of a lengthy EU move towards fiscal reform in doubt EUROZONE CRISIS AP [GENEVA] Can anything stop the euro’s decline? With the single currency facing the biggest crisis of its existence, European governments this month thrashed out a US$1 trillion
      AP; BLOOMBERG  -  832 words
    • Article, Illustration
      Lock icon German moves sow doubt, confusion
      589 16 Germans fear their savings may vanish following euro’s fall AFP [FRANKFURT] Fireman or firebug? Since the start of the eurozone fiscal crisis, Germany has sown doubt and confusion largely due to dissent within Chancellor Angela Merkel’s centreright government. Last week, Berlin unleashed shock on financial
      AFP; AP  -  589 words
    • Article
      Lock icon S Korea needs tougher financial rules
      372 16 Reuters [SEOUL] South Korea needs to step up regulations to prevent another financial crisis and develop foreign exchange markets to deal with sudden capital flows, a senior central bank official said yesterday. The country also needs to have a “proper level” of foreign exchange
      Reuters  -  372 words
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      793 16 HATS NOTICES BUY IT SELL IT FIND IT Bankof America CONSOLIDATED BALANCE SHEET (US Dollar amounts in Millions) December 31 BANK OF AMERICA CORPORATION 100 NORTH TRYON STREET, 18TH FLOOR CHARLOTTE, NORTH CAROLINA ***** CONSOLIDATED STATEMENT OF INCOME (US Dollar amounts in Millions) December 31 Notes to the accounts which
      793 words
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  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon Concerns over trade, Europe debt
      647 17 Both sides stress that yuan issue will not dominate discussions CHINA-US TALKS Reuters [SHANGHAI] The United States yesterday pressed China to give “fair access” for foreign companies, and China stressed the risks both economies face from Europe’s debt woes, ahead of top-level talks in Beijing.
      Reuters; AFP  -  647 words
    • Article
      Lock icon Ambani brothers moving towards ending feud
      342 17 Reuters [NEW DELHI] India’s billionaire Ambani brothers took a step towards reconciliation of their long-run-ning feud yesterday, ending non-compete agreements in a step they hoped would lead to cooperation between the two groups. Both groups said that they hoped to reach a conclusion soon
      Reuters  -  342 words
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      1746 17 MATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com. $$QNB Together Forward (All amounts are shown in thousands of Qatari Riyals) CONSOLIDATED STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2009 2009 2008 CAPITAL ADEQUACY 2009 2008 BOARD OF DIRECTORS Chairman of the Board of Directors H.E. Yousef Hussain Kamal Members H.E.
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  • ASIA-PACIFIC/WORLD
    • Article, Illustration
      Lock icon Thai banks, schools, govt offices to re-open today
      576 18  -  Stocks, currency may fall as investor confidence remains increasingly fragile By LEE U-WEN BANKS, schools and government offices are re-open-ing this morning as the ravaged city of Bangkok continues its return to normalcy, even as Prime Minister Abhisit Vejjajiva extended a night-time
      AP  -  576 words
    • Article, Illustration
      Lock icon South Korea, China, Japan laud FTA study
      520 18 Trade ministers from the three countries hold talks in Seoul AP [SEOUL] Trade ministers from China, Japan and South Korea yesterday praised efforts to explore a potential joint free trade deal to boost commerce among three of Asia’s biggest economies. South Korean Trade
      AP  -  520 words
    • Article
      Lock icon British govt unveiling spending cuts plans
      593 18 AFP [LONDON] Britain’s new coalition government will today outline how it plans to slash government spending by £6 billion (S$12.2 billion) to reduce the nation’s record deficit. A sharp deterioration in the eurozone economy has forced Britain to slash its huge public deficit faster
      AFP  -  593 words
  • Page 18 Advertisements
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      726 18 MATS Toll free: 1800-289-8822 Email: notices@sph.com.sg NOTICES GALLANT GALLANT VENTURE LTD. (Incorporated in the Republic of Singapore) (Company Registration No. *****3179Z) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of Gallant Venture Ltd. will be held at River View Hotel Singapore, Lily Ballroom, Level
      726 words
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      470 18 IN THE MATTER OF THE COMPANIES ACT (CAP.50) AND IN THE MATTER OF SINGAPORE COPPER TECHNOLOGIES PTE. LTD. (In Creditors' Voluntary Liquidation) (Co. Reg. No. *****1537C) Notice is hereby given that at an Extraordinary General Meeting and the meeting of creditors of the abovenamed Company duly convened and held at
      470 words
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      663 18 WATS NOTICES BUY IT• SELL IT• FIND IT i9ti noble 'JJ0J group Noble Group Limited (incorporated in Bermuda with limited liability) NOTICE TO BONDHOLDERS OF ADJUSTMENT TO CONVERSION PRICE US$250,000,000 ZERO COUPON CONVERTIBLE BONDS DUE 2014 CONVERTIBLE INTO ORDINARY SHARES OF NOBLE GROUP LIMITED (THE "BONDS") All terms used in
      663 words
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  • RATING AGENCIES
    • Article, Illustration
      Lock icon Rising odds against rating agencies
      2133 19 Recent US govt moves have altered the sense these companies are in a business so complicated it is best to leave them undisturbed NYT [NEW YORK] RON Grassi will admit that when he decided to sue the three major rating agencies in early 2009, he
      NYT; BLOOMBERG  -  2,133 words
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      790 19 BUY IT-SELL IT WATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg BANK OF CHINA Head Office Singapore Branch Fax (65) 6534 3401 1 Fuxingmen Nei Dajie, Beijing *****8, People's Republic of China. Tel (86)010-6659 6688 Swift: BKCHCNBJ Fax (86)010-6601 6871 http://www.boc.cn 4 Battery Road, Singapore *****8 Tel (65) 6535 2411 Swift:
      790 words
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  • WORLD
    • Article
      Lock icon Perks are up at some bailed out firms
      764 20 Hike betrays boards’ inability to stand up to their CEOs, say corporate activists LAT-WP [NEW YORK] Some of the biggest financial firms in the US have increased the perks and benefits they pay their chief executives, despite the glaring spotlight from a
      LAT-WP  -  764 words
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      Lock icon Curbs on Wall St banks may help rivals
      669 20 Reuters [NEW YORK] Wall Street’s regulatory nightmare could be a boon to foreign and even regional banks, which could be in line to add new clients as a result of Washington’s proposed industry overhaul. The US Senate, trying to prevent a repetition
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      Lock icon US regulators get big say on rules overhaul
      908 20 AP [WASHINGTON] Banking regulators shared the blame for the financial crisis that buckled Wall Street. Now they’re the ones US lawmakers are counting on to give final shape to the new overhaul of financial rules. In section after section of the massive
      AP; REUTERS  -  908 words
    • Article
      Lock icon Wall St banks brace for major changes
      497 20 Forced sales of profitable units are in the offing FINANCIAL REFORM AFP [WASHINGTON] Wall Street’s largest banks are readying themselves for vast changes in how they do business after a Senate vote last week moved sweeping reforms one step closer. Democrats in both
      AFP  -  497 words
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      25 20 -s- 1k Lianhe Zaobao Shrouded ty three dark clouds ahead, exportoriented S-chips most hard hit ZJ ±J£ To subscribe, call 6388-3838 or go to sphsubscription.com.sg
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  • AVIATION/SHIPPING
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      Lock icon Crash raises oversight queries
      978 21 Pilot error may have been compounded by a weak safety inspection regime NYT [MUMBAI] An Air India flight that crashed after landing in southern India on Saturday killed 158 people and raised questions about India’s oversight of a rapidly growing aviation industry. The immediate cause of
      NYT; AFP  -  978 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2852 21 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi SQ457 1230 SQ456 1250 --EY473 1950 Adelaide LH9771 1745 LH9770 2350 SQ268 1745 SQ269 2350 Amsterdam LO4031 0605 LO4032 2345 SQ323 0605 SQ324 2345 US5410 0605 US5411 2345 AZ3992 1525 KL835 1525 Athens SQ348 0105 Auckland LH9761 0640 LH9760
      2,852 words
    • Article
      Lock icon ‘Breakdown’ at BP to blame for oil spill: Obama
      701 21 He also unveils a commission to investigate disaster Reuters [WASHINGTON] US President Barack Obama on Saturday blamed the massive Gulf of Mexico oil spill on “a breakdown of responsibility” at energy giant BP plc as he unveiled a commission to investigate
      Reuters  -  701 words
    • Article
      Lock icon TRANSPORT STOCKS
      278 21 SGX '000 May 21 S$ +/-Vol CH Offshore 0.57 -0.02 3134 Chuan Hup Hldg 0.25 -0.02 15 Cosco Corp 1.42 -0.04 ***** CWT Ltd 0.87 -0.02 1705 Ezra Hldgs 1.72 -0.06 ***** First Ship Lea 0.44 -0.01 1207 Freight Links 0.05 -0.01 1101 Grand Banks unch unch 0
      278 words
  • Page 21 Miscellaneous
    • Miscellaneous
      Lock icon Page 21 Miscellaneous Column 1
      338 21 CRYPTIC CROSSWORD Across 1 Use Bob’s lad devised for instrument (6,4) 6 Bishops, perhaps, beginning to discourage reform (4) 9 Unusual lines aloud harbouring fantasies? (10) 10 Celebration held by the Italian star (4) 13 First couple of deliveries carried by transport as part of deal? (5-2) 15 Study country
      338 words
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  • DINING OUT
    • Article, Illustration
      Lock icon Entrenching its premium position
      620 22  -  By Cheah Ui-Hoon NEW MENU Summer Palace The Regent Singapore 1 Cuscaden Road Tel: 6725-3288/9 CHINESE executive chef Liu Ching Hai last worked in Singapore more than 10 years ago, so he would be the first to acknowledge just how much the local dining scene has
      620 words
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      304 22 www.omy.sg W TZ«s *A ©f% iiife L http://eat.omy.sg WOT® http://sgblogawards.omy.sg BRUNCH'S BARBECUE DINNER The popular all-you-can-eat barbecue dinner returns with delightful, new additions. Expect signature items like Pan Pacific Singapore's sausages amidst other grilled meat and seafood, a refreshing variety of tasty salads, a carving station, plentiful appetisers and desserts.
      304 words
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      3 22 nRSl»rt®® eW1S www.radio913.com
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      9256 23 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 18 6 3148 8Telecom 15.5 -0.5 997 16 15 14.5 15.5 1.7 11.7 5 74.2 10 5.5 5834 A-Sonic 7 unch 1715 8
      9,256 words
    • Article
      Lock icon SGX CATALIST
      1816 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 $mil 10 5 1181 t AA Grp 6.5 6 8 36.1 6.3 25 13 8538 t APStrategic 19 +1 321 19.5 17 17
      1,816 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      117 24 Stock name Close Change Stock name Close Change Stock name Close Change CapMallsAsia 2.040 -0.060 CapitaLand 3.510 -0.080 CapitaMall 1.850 -0.060 CityDev 10.120 -0.120 ComfortDelGro 1.440 -0.020 DBS Grp 13.600 -0.320 F&N 4.690 -0.070 Genting SP 0.930 -0.015 Golden Agri 0.520 HK Land 4.680 -0.090 JMH
      117 words
    • Article
      Lock icon STOCKS ASIA
      2690 24 Transaction date: May 21 For a full listing of the closing prices, log on to BT online at http://business-times.asia1.com.sg after 11.30pm every trading day HONG KONG Vol HK$ +/-'000 May 20 Aeon Credit 6.48 unch 0 Aeon Stores 11.24 -0.06 48 Angang Steel 9.83 0.02 ***** Anhui Conch
      2,690 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 24 MAIN SDQ TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 1 17 0 0 0 0 1 17 0 Manufacturing 19 184 24 5 19 14 24 203 38 Commerce 5 62 10 0 12 8 5 74 18 Tpt/Stor/Comms 0 44 1
      186 words
    • Article
      Lock icon SGX ETF
      769 24 52-Wk Tel Last Vol Week Last Quote Div GrYld Net MCap High Low Code Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 115 107 6389 ABF SG Bond ETF 115 +4 164 115 115 110.1 115 525 883 610 CIMBAsean40 100US$ US786 -61 2410 840 781
      769 words
    • Article
      Lock icon CLOB INTERNATIONAL
      267 24 52-Wk Tel Last Vol Week Last Quote Div GrYld Net MCap High Low Code Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 56 26 6000 AVJennings A42 -2 7 42 42 38 46 3.6 8.3 3.4 109.4 31 12.5 6017 Genting HK US$ US18 -1.5 7217
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      121 24 TURNOVER (‘000) VALUE (‘000) MAIN SDQ TOTAL MAIN SDQ TOTAL Multi Ind 119,753 119,753 473,598 473,598 Manufacturing 1,556,745 173,939 1,730,684 1,690,190 9,349 1,699,539 Commerce 614,320 27,151 641,471 878,494 5,574 884,068 Tpt/Stor/Comms 704,484 4,258 708,742 1,317,387 575 1,317,962 Finance 137,463 137,463 1,145,826 1,145,826 Construction 245,637 119,541 365,178 50,938
      121 words
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      26 24 Insiders' trades. Brokers' recommendations. Dividend table. The pages also cover transactions by directors and substantial shareholders. In other words, news you can use. THE BUSINESS TIMES
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      365 25 In local curr In S$ In US$ dy yr dy yr dy yr May 21 Index Change Change Change Change Change Change World Index Preliminary 792.7 0.6 -4.8 0.8 -7.7 1.0 -8.1 EAFE Preliminary 726.1 -0.6 -7.5 0.0 -13.9 0.2 -14.3 Europe Preliminary 1036.1 -0.1
      365 words
    • Article
      Lock icon PALM OIL
      69 25 May 21 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Jun 10 2492 2531 2537 2492 418 4839 Jul 10 2485 2511 2519 2468 2784 ***** Aug 10 2465 2491 2501 2450 6619 ***** Sep 10 2456 2480
      69 words
    • Article
      Lock icon USS/SS FORWARD RATES
      22 25 May 21 S$ Bid Offer 1-month 1.4088 1.4102 2-months 1.4087 1.4102 3-months 1.4087 1.4102 6-months 1.4085 1.4100 Source: OCBC
      22 words
    • Article
      Lock icon STOCK INDEX FUTURES
      29 25 May 21 Open High Sett STI May 2690 2690 2701 SIMSCI May 327.1 327.4 321.7 Taiwan May 262.6 264.2 257.9 Source: MF Global (S) Pte. Ltd
      29 words
    • Article
      Lock icon SIBOR
      85 25 May 21 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 1.***** 0.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths
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    • Article
      Lock icon SGX DERIVATIVES TRADING
      374 25 May 21 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Jun10 99.3750 0 1899 Sep10 99.1950 0 3132 Dec10 99.0750 0 1098 Mar11 98.9950 0 1901 EUROYEN TIBOR FUTURES Jun10 99.6250 99.6250 99.6250 99.6250 206 6034 Sep10 99.6500 0 3019 Dec10 99.6500 99.6500 99.6500 99.6550 0 1561
      374 words
    • Article
      Lock icon SICOM FUTURES
      156 25 May 21 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Jun 10 379.0 375.0 378.0 80 Jul 10 335.0 10 Aug 10 312.0 310.0 310.0 230 Sep 10 297.5 Oct 10 295.0 295.0 295.0 10 Nov 10 295.0 295.0
      156 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      90 25 May 21 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****E 19.08.2010 0.28 0.24 0.24 1-Year BY*****W 03.05.2011 0.33 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0A 2.625 01.04.2012 103.95 104.12 104 5-Year N*****0N 1.375 01.10.2014 101.65
      90 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      132 25 May 21 As at 9am Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.1480 1.1820 Can dollar 1.3120 1.3270 Euro 1.7540 1.7740 NZ dollar 0.9370 0.9580 Sterling pound 2.0140 2.0370 US dollar 1.3900 1.4060 Local dollars to 100 units of foreign
      132 words
    • Article
      Lock icon INTERBANK RATES
      180 25 May 21 $S Offer Bid Overnight 0.04 0.02 1-month 3/8 1/8 2-months 7/16 3/16 3-months 9/16 5/16 Overnight mode: 0.10 US$ Offer Bid 7 days 0.45 0.35 1 month 0.55 0.35 2 months 0.58 0.38 3 months 0.60 0.40 6 months 0.80 0.60 9 months 1.10 0.90 12
      180 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      2701 25 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Tel Last Vol Conv Exer Disc Gear-Mths Code Company Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 3.5 unch 3886 1 15 -3 5.43 48 4085 ASJ Hldgs W*****1 3.5 -0.5 522 1 4 7 2.00 21 2036 Advance SCT Ltd W*****9 0.5
      2,701 words
    • Article
      Lock icon INTERBANK CROSS RATES
      465 25 May 21 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.879 5.630 0.659 6.435 38.758 76.518 0.742 9.847 2.736 1.227 69.703 38.337 1.162 6.549 0.948 26.575 26.736 0.573 0.825 Canada 1.138 6.405
      465 words
    • Article
      Lock icon PRECIOUS METALS
      137 25 May 21 GOLD (US$/oz) May 21 May 19 Hong Kong closed 1219.20 May 20 May 21 London 1188.85 1181.65 1189.85 1182.65 Source: Thomson Reuters CAST BAR May 21 (S$) Selling Buying Kilobar *****.72 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 129.47 54 5gm 367.01 269 10gm 654.84
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      154 25 May 21 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1616 1.1629 0.8245 0.8246 Canadian dollar 1.3213 1.3234 0.9379 0.9384 Euro 1.7625 1.7647 1.2511 1.2514 NZ dollar 0.9460 0.9477 0.6715 0.6720 Sterling pound 2.0278 2.0307 1.4394 1.4400
      154 words
    • Article
      Lock icon LONDON METALS
      71 25 May 21 May Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2024.75 1960.50 3 months 2055.00 1992.00 Copper, Grade A (US$/tonne) Cash 6823.00 6582.75 3 months 6845.00 6610.00 Lead (US$/tonne) Cash 1783.25 1714.25 3 months 1811.00 1745.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash
      71 words
    • Article
      Lock icon CHICAGO BOT
      105 25 May 21 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jul 10 941.00 944.00 950.50 938.00 Aug 10 933.25 935.00 941.75 931.50 Sep 10 915.25 917.00 924.00 915.00 Nov 10 907.50 908.00 916.50 904.25 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Jul 10 36.96 37.39 37.49
      105 words
    • Article
      Lock icon LIFFE
      77 25 May 21 COCOA (£/tonne) Close Prev High/Low Jul 10 2315 2279 2328/2269 Sep 10 2266 2237 2275/2229 Dec 10 2210 2186 2219/2179 Mar 11 2188 2167 2195/2160 COFFEE (US$/tonne) Close Pev High/Low May 10 1289 1289 1295/1288 Jul 10 1334 1334 1340/1324 Sep 10 1370 1370 1376/1360 SUGAR (US
      77 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      77 25 CRUDE OIL PRODUCTS May 20 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 71.26 -2.02 WTI (Near Mth) 68.63 -2.14 Dubai (1-Mth F) 72.59 -0.09 Tapis blend 79.10 0.35 Minas 78.55 0.30 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 73.67 -0.77 Jet Kerosene 83.00 -0.50 US$/barrel Opec Oil
      77 words
  • Page 25 Advertisements
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      69 25 The more you trade the more you save. Enjoy automatic rebates and lower commissions. Make huge savings on FX and Singapore shares. FX spreads from 1 pip. Always guaranteed market prices on shares. Learn more about our automatic rebates for frequent traders at igmarkets.com.sg CFD trading can result in losses
      69 words
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  • Article
    Lock icon THE BUSINESS TIMES SHIPPING TIMES
    5965 26 BALISA SHIPPING TRADING PTE LTD 8 Shenton Way, #40-03A, Singapore *****1 Tel: 6345 5700 Fax: 6345 5227 Email: singapore@balisagp.com CR NO. **********0W UK CONTINENT SERVICE U.S.A. SERVICE Destination STXPO TBN Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Destination STXPO TBN New Orleans/Camden *Loads E./W.
    5,965 words
  • Page 26 Advertisements
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      29 26 Shipping line: seeking reliable logistics partners Can they find your services Here in -the Shipping TO ADVERTISE, CA.LI IOE WONG AT 9620 1 327 THE BUSINESS TIMES SHIPPING TIMES
      29 words
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      34 27 I' n —H Can they FREIGHT I find .y our m services FORWARDER here in the urgently needed by shippers I Shipping Times? THE BUSINESS TIMES TO ADVERTISE, CALL JOE WONG AT 9620 1327
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  • BizIT
    • Article, Illustration
      Lock icon Will the iPad result in network problems?
      886 28  -  With the tablet computer’s growing popularity, network operators are preparing for a deluge of data downloads <you say> By DAVID SHARPLEY The author is senior vice-president at mobile personalisation company Bridgewater Systems CUPERTINO-BASED behemoth Apple announced recently that it sold over one million
      REUTERS  -  886 words
    • Article
      Lock icon Economic growth boosts demand for PLM
      654 28  -  By RAJU CHELLAM AS economic growth picks up and competitive pressures mount, more companies are looking to IT to manage the entire lifecycle of a product, right from its conception to design and manufacture and all the way to its disposal or renewal. This
      654 words
    • Article, Illustration
      Lock icon E-readers the next big thing: survey
      412 28  -  By JASLENE PANG ELECTRONIC book readers (e-readers) and tablets are set to transform from niche products to “wildly popular and successful” consumer devices in a few years, showed a survey done by the Boston Consulting Group (BCG), a global management consulting firm and business
      AP  -  412 words
    • Article, Illustration
      Lock icon Lenovo launches products targeted at SMBs
      352 28  -  It also focuses on entertainment for its consumer sector By CHAN YUPING LENOVO will be sharpening its focus on small to medium businesses (SMB), starting with the introduction of its latest ThinkPad Edge 14-inch laptop which combines affordability and productivity features in a sleek
      352 words
    • Article
      Lock icon New Nokia products focus on messaging
      393 28  -  By TIMOTHY SEOW NOKIA’S latest product offerings, the C3, C6 and the E5, as well as the launch of Microsoft Communicator Mobile, are part of a larger product strategy centred on messaging. It is also one that leverages on its partnership with Microsoft, Nokia’s
      393 words
    • Article, Illustration
      Lock icon Google under scrutiny over antitrust concerns
      775 29 NYT [NEW YORK] In the 1990s, Gary Reback, a Silicon Valley lawyer, almost sin-gle-handedly brought the antitrust weight of the federal government down on that era’s high-tech heavyweight, Microsoft. Now Mr Reback contends there is a dangerous new monopolist in the catbird seat: the
      NYT; AFP  -  775 words
    • Article
      Lock icon Avanade looking at SaaS as growth area in S’pore
      919 29  -  IT services provider see growth momentum in several industries By AMIT ROY CHOUDHURY RIDING on new technology trends like SaaS (Software as a Service), IT services provider Avanade is back on a growth trajectory in Singapore, says its VP for Singapore,
      919 words
    • <what’s up>
      • Article
        Lock icon ST Electronics wins 54.6m contract
        64 29 ST ELECTRONICS, has been awarded a $4.6m contract in China by Changchun Railway Vehicles Co Ltd (CRC) to provide Passenger Information Systems (PIS) for trains to be delivered for the Rio De Janeiro Metro trains. The project was awarded to CRC by Concessao Metroviaria Do
        64 words
      • Article
        Lock icon Non-profit alliance for solution providers formed
        65 29 POLYCOM, along with HP, Juniper Networks, Microsoft, and Logitech/LifeSize, announced the co-founding of the non-profit alliance Unified Communications Interoperability Forum (UCIF). The UCIF aims to provide customers with standards-based, cross-vendor inter-operability of Unified Communications (UC) hardware and software solutions. UCIF membership is open to
        65 words
      • Article
        Lock icon Mahindra Satyam appoints Asean sales head
        72 29 MAHINDRA Satyam has appointed Ram Ramachandran as head of sales for Asean. Mr Ramachandran will be based in Singapore and will be responsible for leading Mahindra Satyam’s sales and business development teams as well as for key corporate development initiatives in this geography. He
        72 words
      • Article
        Lock icon NCR Corp appoints VP for Asia-Pacific
        62 29 NCR Corporation has appointed David Miller as VP for Asia-Pacific. Mr Miller, who will be based here, will lead a newly created single sales organisation whose objective is to drive customer focus and growth across key markets in the Asia-Pacific, excluding Japan. Mr Miller
        62 words
      • Article
        Lock icon Skype launches web-based management tool
        72 29 SKYPE has announced the launch of Skype Manager, a web-based management tool that enables businesses to harness the power of Skype to achieve greater communications flexibility, cost savings and control over the use of Skype in their organisations. It replaces Skype’s Business Control Panel, which
        72 words
      • Article
        Lock icon Domino’s Pizza unveils GPS tracking system
        63 29 DOMINO’S Pizza has unveiled a “GPS Tracker” or “Great Pizza Service” Tracker last week. The new web-based GPS tracking system allows customers to keep tabs on the status of their food order from the moment it is ordered to the moment it leaves the
        63 words
      • Article
        Lock icon Photizo Group sets up new office in S’pore
        46 29 PHOTIZO Group has launched its Singapore office to serve the fast-growing Asia-Pacific managed print services market. The new office will be headed up by Keng Keng Tan, former senior manager at Lexmark International. For more information visit www.managed-print-services.com.
        46 words
      • Article
        Lock icon Online reality series ‘The Rookie’ launched
        88 29  -  Compiled by JASLENE PANG NOKIA has partnered Zouk, Standard Chartered Bank and Microsoft to present an online reality series titled “The Rookie” ala The Apprentice, Singapore Style. Only four contestants will win an internship with the four participating companies and only one will emerge
        88 words
    • Article, Illustration
      Lock icon Infineon ramps up research activities
      812 30  -  German semiconductor firm to open new innovation centre today, writes AMIT ROY CHOUDHURY AMIT ROY CHOUDHURY GERMANsemicongiant Infineon Technologies will ramp up its research and development (R&D) activities in Singapore by setting up an Application Innovation Centre (AIC) here. Infineon’s deputy regional president, Andrew Chong,
      812 words
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      825 29 NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg BBVA Banco Bilbao Vizcaya Argentaria, S.A. Head Office: Plaza de San Nicolas 4, ***** Bilbao, Spain Singapore Branch: UOB Plaza 1, #55-02, 80 Raffles Place, Singapore *****4 Consolidated Balance Sheet (Million euros) Consolidated Income Statement (Million euros) (excluding one-offs) EARNINGS PER SHARE CALCULATION Basic
      825 words
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      191 30 Big decisions follow you around. \Y/ V&gt;V e m ayadd value to the business w£ ose control At Grant Thornton, we understand that the big decisions you have to make are sometimes difficult, often finely balanced, always with you. Whether it be planning for the future or staying competitive in
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      Lock icon Page 30 Advertisements Column 2
      15 30 RIDING ON A TREND Avanade is back on a growth trajectory in Singapore Page 29
      15 words