The Business Times, 21 February 2011

Lock icon This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.

Microfilm: NL31046
Total Pages: 28
1 28 The Business Times
Page thumbnail Page 1
  • Title Section
    Lock icon Masthead
    23 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg SjSl A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 138/08/2010 Monday, February 21,2011
    23 words
  • Article
    Lock icon Debt turns from foe to friend for many Reits
    742 1  -  By EMILYN YAP [SINGAPORE] Debt has turned from foe to friend for many real estate investment trusts (Reits) as they pursue acquisitions again at a time of low interest rates. This can be seen in the rising levels of borrowings among
    742 words
  • Article, Illustration
    Lock icon First the pain, then the gain for companies
    1028 1  -  Rise in foreign worker levy will hurt initially but make firms stronger in the future By FELDA CHAY [SINGAPORE] A period of painful adjustments may lie ahead for many Singapore companies being pushed to boost productivity and rely less on foreign workers,
    YEN MENG JIIN  -  1,028 words
  • Article
    Lock icon MARKETS DIGEST
    157 1 BT ONLINE BT print subscribers get free access to BT Online at www.businesstimes.com.sg. For more information, e-mail btocs@sph.com.sg or call 6388-3838. MARKETS Weekly Change ST INDEX 3,086.92 +9.65 KL COMP 1,517.56 +23.04 NIKKEI 225 10,842.80 +237.15 HANG SENG 23,595.24 +766.32 SET INDEX 995.57 +46.00 JAKARTA COMP 3,501.50 +109.73
    157 words
  • Page 1 Advertisements
Page thumbnail Page 2
  • TOP STORIES
    • Article
      Lock icon THREE-MINUTE DIGEST
      609 2 First the pain, then the gain for companies A PERIOD of painful adjustments may lie ahead for many Singapore companies being pushed to boost productivity and rely less on foreign workers, even as the restructuring promises to put them on a sounder footing for the longer term. The
      609 words
    • Article
      Lock icon Budget of hongbaos and tough love
      888 2  -  Depth and clarity of thinking behind a S’pore Budget again evident this year COMMENTARY By RUSSELL AUBREY Russell Aubrey is Head of Tax Services, Ernst Young Solutions LLP [SINGAPORE] MORE than a decade ago, I lived and worked in the UK. Budget speeches there
      888 words
    • Article, Illustration
      Lock icon Growing unrest rattles Gulf stock markets
      809 2 Drop in share prices largely linked to protests in Bahrain AP AFP [CAIRO] Stock markets across the Gulf Arab states fell yesterday, with Dubai’s largest exchange registering the steepest drop as unrest in the Middle East lapped at the shores of oil kingpin Saudi
      AP; AFP  -  809 words
    • Article
      Lock icon Global pension fund assets hit record US$26.5t: report
      682 2  -  By NEIL BEHRMANN in London GLOBAL institutional pension fund assets in the 13 major markets increased by 12 per cent in 2010 to reach a new high of US$26.5 trillion, according to Towers Watson’s global pension assets study. Moreover, since 2000, when
      682 words
    • Article
      Lock icon Correction
      47 2 IN our report “Radio and TV licence fees to be scrapped” on Feb 19, we gave the wrong year for the $132.5 million in RTV fees collected by the Media Development Authority (MDA). It should have been 2009, not 2011. We are sorry for the error.
      47 words
    • Article, Illustration
      Lock icon Is Singapore entering a bear market?
      737 4  -  Caution will reign for now but a long bear phase is relatively unlikely ANALYSIS By TEH TEH HOOI LING [SINGAPORE] ARE we entering a bear market? From its recent peak on Jan 6, 2011 when the Straits Times Index hit 3,279.7 points, the market
      Source: Compiled by BT with data from Bloomberg, Thomson Financial Datastream  -  737 words
    • Article
      Lock icon Local investors cut back US holdings
      592 4  -  On a whole, Asians posted net purchases of US$18.13b in ‘10, vs US$41.04b in ‘09 By CHUANG PECK MING [SINGAPORE] Led by those in Singapore, Asian investors cut back sharply their bets on Wall Street last year even as more American money flowed into
      592 words
    • Article, Illustration
      Lock icon Analysts raise year’s targets as rally runs for 3rd week
      917 4  -  WALL STREET INSIGHT By ANDREW ANDREW MARKS in New York AFTER yet another week of solid gains for US stocks, it is becoming increasingly difficult not to notice how far the market has come in so little time this year.
      AFP FILE PHOTO  -  917 words
  • Page 2 Advertisements
    • Advertisement
      Lock icon Page 2 Advertisements Column 1
      39 2 The Swiss Leader In Domestic Appliances Arriving Soon! Exclusively At: 2 leng kee road #01 -02/05 #01-07 thye hong centre Singapore *****6 tel: 6473 6776 fax: 6475 6776 www.kitchenculture.com a part of KHL Marketing Asia-Pacific Pte Ltd kitchen culture
      39 words
Page thumbnail Page 3
  • Page 3 Advertisements
    • Advertisement
      Lock icon Page 3 Advertisements Column 1
      169 3 ANY BANK CAN MAKE YOU FEEL WELCOME. WE PREFER TO MAKE YOU FEEL AT J 1 1 v LV W I 4T s* -3--tT. +~:;v ®§S Bur K ///<?/// WsSaEm* BANKING At Maybank Affluent Banking, there is nothing more important than building relationships and making our customers feel at home.
      169 words
Page thumbnail Page 4
  • Page 4 Advertisements
    • Advertisement
      Lock icon Page 4 Advertisements Column 1
      170 4 ant to make money? Invest in money. GO FX One of Singapore's largest institutional leverage FX brokerage is now open to all investors online. Zero commission As low as 1 pip bid/offer spreads Receive live streaming interbank FX prices from the interbank market Microlots of 5,000 units available 24 hours
      170 words
    • Advertisement
      Lock icon Page 4 Advertisements Column 2
      116 4 LUXURY TOURS TRAVEL PTE LTD The Leading Operator k- j Established 1985 W: "Fullfilling your requirments with finesse" Our experienced team of planners takes charge right from the start. We offer you the best venues available, suggestions settings. These include transportation, meals, sightseeing tours tourist guides. Our services at a
      116 words
Page thumbnail Page 5
  • COMPANY NEWS
    • Article, Illustration
      Lock icon LME dismisses Asian decoupling
      1065 5  -  An Asian-based benchmark for commodities will not reflect global demand, says CEO By FELDA CHAY THE concept of Asian exchanges coming together to launch commodity contracts with their own pricing benchmarks rather than relying on established ones “does not make sense”, said London Metal Exchange (LME)
      1,065 words
    • Article
      Lock icon COMPANY MEETINGS
      230 5 COMPANY MEETING PLACE DATE TIME Kyodo-Allied Ind E 371 Beach Road, #09-06/11, KeyPoint, Singapore *****7 22-Feb 10.00am Bright Orient S Riverview Hotel, 382 Havelock Road, Singapore *****9 22-Feb 9.30am Transview Hldgs A Poolside Event Room, Level 1, Singapore Polytechnic Graduates' Guild, 1010 Dover Road, Singapore *****8 25-Feb 4.00pm
      230 words
    • Article
      Lock icon PRIME LENDING RATES
      403 5 Feb 18 BANKS Agricultural Bank Of China 5.5 ANZ Banking Group 6 Arab Bank PLC 5.5 Banco Bilbao Vizcaya Argentaria, S.A. 6 Bangkok Bank 6 Bank Julius Baer Co. Ltd(S) 5 Bank of America NA 5 Bank of China Limited 5.5 Bank of Communications 5.5 Bank of
      403 words
    • Article, Illustration
      Lock icon Clearer skies for mobile sector
      819 7  -  HOCK LOCK SIEW By WINSTON CHAI THE smartphone bug that took a bite at all three telcos’ earnings in the past year is finally expected to loosen its grip in the coming months. While this will bring some much-needed reprieve for their core mobile businesses,
      FILE PHOTO  -  819 words
    • Article
      Lock icon SembMarine still a buy despite weak orders: Citi
      413 7  -  Group expected to catch up with Keppel by year-end By LYNN KAN RIGBUILDER Sembcorp Marine has been left biting the dust of its rival Keppel Corporation of late, but Citi analysts are still bullish about its prospects. Currently, SembMarine’s thinner year-to-date order
      413 words
  • Page 5 Advertisements
    • Advertisement
      Lock icon Page 5 Advertisements Column 1
      252 5 r ore to Pekanbaru direct i w> Less time, more business. V From $188 J I A f A f so ilr>v p return all-inclusive "v/„ J /rscr dwinq setup* r nr V* 4,^#. ,V K-A In business, time is money. That's why SilkAir is pleased to announce our direct
      252 words
Page thumbnail Page 6
  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Another glint in the eye of contrarians?
      653 6  -  STOCKS R SIVANITHY Senior Correspondent FOURweeksago, our Jan 24 column titled “A glint in the eye of contrarians” suggested that although everyone was singing the praises of emerging markets (EMs) at the start of the year, there was a good chance that money
      653 words
    • Article
      Lock icon A global food crisis looms
      521 6  -  COMMODITIES By KER CHUNG YANG The writer is investment analyst at Phillip Futures WE ARE facing a global food crisis again the second in three years. Food prices reached an all-time high in January 2011. The Food and Agriculture Organisation (FAO) reported that the food
      521 words
    • Article
      Lock icon US dollar drops against euro on Fed rates speculation
      351 6 CURRENCIES Bloomberg [NEW YORK] The US dollar last week fell against the euro for the first week in almost a month as the Federal Reserve signalled its dissatisfaction with job growth, bolstering speculation that it will be slow to increase interest
      Bloomberg  -  351 words
    • Article
      Lock icon BROKERS’ RECOMMENDATIONS
      1672 6 Consensus No. of Forecast Mean Fri’s recommendation esti-EPS PE target price Company name This wk Last mth mates (cents) (ratio) price Allgreen Prop Ltd 2.58 2.58 12 10.81 9.81 1.39 1.06 Amtek Engg Ltd 1.75 2.00 4 13.81 8.69 1.61 1.18 ARA Asset Mgt Ltd 2.25 2.25 4
      1,672 words
    • Article
      Lock icon RISES
      113 6 BY CENTS CLOSE UP DBXT Nifty 10US$ ***** 1031.4 7.0 Jardine C&C 3412 290.0 9.3 GLD 10US$ ***** 258.8 1.5 IS S&P500 ***** 256.3 1.5 DBXT MSTHAI 10US$ 1546 158.1 8.7 DBXT SPASX200 10US$ 3599 140.2 3.2 DBXT MSEurope 10US$ 4806 117.3 2.0 Lyxor China H 10US$ 1640 108.4
      113 words
    • Article
      Lock icon FALLS
      115 6 BY CENTS CLOSE DOWN DBXT FTVietnam 10US$ 3652-225.7 -4.6 DBXT S&P Short 10US$ 4224-108.4 -2.0 DBXT DBCBDJUBS 10US$ 3754 -56.1 -1.2 DBXT DBLCI-OY 5US$ 4098 -51.0 -1.0 DairyFarm 818 -44.6 -4.1 DBS Grp 1460 -20.0 -1.4 StraitsAsia.ES.1102 249 -20.0 -7.4 DBS.ES.1102 1468 -18.0 -1.2 Haw Par Corp 614 -16.0
      115 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 6 WEEKLY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      65 6 Feb 18 VALUE CLOSE BT OB/OS -681.00-214.00 BT CADI -*****.00 +20.00 BT 10-day MA -*****.00 -68.00 FTSE ST Mid Cap 771.59 +0.24 FTSE ST Small Cap 579.51 +0.03 FTSE ST All Share 765.41 +0.83 FTSE ST China Top 281.93 +0.36 FTSE ST China 309.42 +2.66 FTSE ST
      65 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      57 6 VOLUME Golden Agri 595,657,000 Genting SP 542,724,000 ChinaGaoxian 155,449,000 SingTel 119,353,000 NexGenSCom 111,261,000 Noble Grp 99,577,000 CapitaLand 92,577,000 Midas 88,291,000 *Genting HK US$ 86,295,000 NOL 86,178,000 VALUE($) Genting SP 1,096,655,839 Keppel Corp 465,453,062 Golden Agri 405,255,095 DBS Grp 388,264,603 OCBC Bk 381,098,681 SingTel 358,075,867 CapitaLand 312,695,237 UOB
      57 words
    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 6 WEEKLY
      5 words
    • Article
      Lock icon One-year top losers
      158 8 One-year top losers FEB 18 ‘11 BID PRICE VALUE WEEK-ON-WEEK CHANGE Annica 0.040 14.3 6,640 Sinostar 0.185 2.8 11,470 Sinomem Technology 0.535 1.9 24,075 Novo Group 0.490 1.0 32,340 Cosco 2.140 0.9 12,840 Advance SCT 0.050 0.0 4,150 Ausgroup 0.395 0.0 14,615 Bio-Treat Tech 0.045 0.0 4,500
      158 words
    • Article, Illustration
      Lock icon Fifth straight week of losses for portfolios
      515 8  -  TEH HOOI LING Senior Correspondent IT CONTINUED to be pretty much a case of sell Asia and buy the US last week. Our portfolios have slumped for the fifth consecutive week, falling by an average of 1.2 per cent. But the blue chips
      515 words
    • Article
      Lock icon Lowest forward PE
      161 8 FEB 18 ‘11 BID PRICE VALUE WEEK-ON-WEEK CHANGE Kingboard Copper Foil 0.375 10.3 9,375 CWT 1.280 3.2 17,920 Dapai 0.220 2.3 5,940 Low Keng Huat 0.445 2.3 14,685 Hupsteel 0.225 0.0 6,975 Li Heng 0.195 0.0 3,900 Mercator Lines 0.255 0.0 9,690 Sino Techfibre 0.100 0.0 3,800
      161 words
    • Article
      Lock icon Analysts' top recommendations
      172 8 FEB 18 ‘11 BID PRICE VALUE WEEK-ON-WEEK CHANGE CSE Global 1.370 3.8 9,590 Food Empire 0.500 1.0 5,500 Lippo-Mapletree Indonesia Retail Trust 0.550 0.9 8,800 Best World 0.275 0.0 5,500 Cacola Furniture 0.060 0.0 3,120 Li Heng 0.195 0.0 3,900 Mercator Lines 0.255 0.0 9,690 Pan-United Corp
      172 words
    • Article
      Lock icon Highest dividend yield
      172 8 FEB 18 ‘11 BID PRICE VALUE WEEK-ON-WEEK CHANGE Elec Eltek Int'l 4.449 4.9 13,347 Stamford Land 0.640 4.1 11,520 Nera Telecoms 0.405 3.8 8,910 K1 Ventures 0.150 3.4 3,600 CWT 1.280 3.2 15,360 Courage Marine 0.190 2.7 6,080 Poh Tiong Choon Logistic 0.445 2.3 12,905 Innotek 0.605
      172 words
    • Article
      Lock icon Biggest upgrades in analysts’ sentiment
      152 8 sentiment FEB 18 ‘11 BID PRICE VALUE WEEK-ON-WEEK CHANGE Kingboard Copper Foil 0.375 10.3 9,375 Macquarie Int'l Infrastr 0.610 3.4 8,540 Sunvic Chemical 0.770 2.0 23,100 CH Offshore 0.490 1.0 8,330 Hi-P 1.120 0.9 14,560 UIC 2.760 0.7 11,040 Bright World 0.590 0.0 11,210 Cityspring
      152 words
    • Article
      Lock icon Director buying sees huge increase as selling dips
      1439 8  -  INSIDE MARKETS By ROBERT HALILI The writer is managing director at Asia Insider Ltd THE buying surged while the selling among directors plunged last week, based on filings on the Singapore Exchange from Feb 14 to 18, with 17 companies that recorded
      1,439 words
    • Article
      Lock icon Lowest PTB portfolio
      172 8 FEB 18 ‘11 BID PRICE VALUE WEEK-ON-WEEK CHANGE United Fiber System 0.050 11.1 4,500 Kingboard Copper Foil 0.375 10.3 9,375 Allgreen Properties 1.060 1.9 12,720 Hong Fok 0.575 1.8 10,350 Tuan Sing 0.315 1.6 16,380 Orchard Parade 1.550 1.3 12,400 Rickmers Maritime 0.415 1.2 4,150 Fortune Reit
      172 words
  • Page 6 Advertisements
    • Advertisement
      Lock icon Page 6 Advertisements Column 1
      100 6 Phillip Futures Bringing Global Markets Closer to You I www.phillipfutures.com.sg 6538 0500 Brought to you by Phillip Futures Pte Ltd (A member of PhillipCapital) i 3 c Ask the ommodities In collaboration with our Exchange Partners sj u 1 > Co. Reg. No: *****5695G The above information does not constitute
      100 words
Page thumbnail Page 7
  • Page 7 Advertisements
    • Advertisement
      Lock icon Page 7 Advertisements Column 1
      191 7 Singapore Hongkong Daily Flights Business Class Promotion Pay ONE for TWO! SGD 3,060 Departure period 15 Jan 2011 to 26 Mar 2011 To celebrate the launch of our Singapore Hong Kong route on 15 Jan 2011, Hong Kong offers a special "Pay ONE for TWO" promotion for all Business Class
      191 words
Page thumbnail Page 8
Page thumbnail Page 9
  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Work harder for better Budgets: PM Lee
      506 9  -  Two new possible PAP GE candidates introduced at event in Ang Mo Kio GRC By LYNN KAN THIS year’s “more generous than usual” Budget is meant to help Singaporean households cope with the higher cost of living brought on by inflation, Prime Minister
      506 words
    • Article
      Lock icon DIVIDENDS ANNOUNCED
      1221 9 Payment Ex Books Pay Ann (cts) date close date date AIMS Amp Cap Ind Reit cf 0.285 18-Feb 22-Feb 28-Mar 15-Feb AIMS AMP Cap Ind Reit ag 0.510 31-Jan 02-Feb 15-Mar 26-Jan Ascendasreit ao 3.290 21-Jan 25-Jan 28-Feb 17-Jan Ascott R Trust ad 1.690 27-Jan 31-Jan 28-Feb 21-Jan
      1,221 words
    • Article, Illustration
      Lock icon Premature to tinker with casino entry levies
      766 9  -  Besides, there are limits to government intervention in influencing the behaviour of Singaporeans over 21 COMMENTARY LEE U-WEN Deputy Foreign Editor A YEAR on since the first of Singapore’s two casinos opened its doors, there are now growing calls to review the entry
      766 words
  • Page 9 Advertisements
    • Advertisement
      Lock icon Page 9 Advertisements Column 1
      161 9 With our excellent service, fast connections and campaign fare, we are simply the best choice for your next journey to Northern Europe. Book before 24 February 2011. Welcome onboard the world's most punctual airline! Source: Flightstats.com 2010, July-September Singapore < —> Economy Extra 89 Destinations in Scandinavia and Europe. from
      161 words
    • Advertisement
      Lock icon Page 9 Advertisements Column 2
      86 9 This announcement appears as a matter of record only Final Closing US$2,460,000,000 <2 The Baring Asia Private Equity Fund V, L.P. A private equity fund formed to invest in growth financings and buyouts of mid-sized companies in Asia. Baring Asia advises private equity funds with US$5 billion of committed capital.
      86 words
Page thumbnail Page 10
  • VIEWS FROM THE TOP
    • Article, Illustration
      Lock icon ENSURING EFFECTIVE WHISTLEBLOWING
      2621 10 THIS WEEK’S TOPIC Should there be a comprehensive whistleblower policy for the private sector? What would be the most important elements of such a policy? Stefanie Yuen-Thio Head, Corporate JT MD TSMP Law Corporation A WHISTLEBLOWER policy is a great idea in concept. It’s much trickier to
      BLOOMBERG FILE PHOTO; TNP FILE PHOTO  -  2,621 words
Page thumbnail Page 11
  • Page 11 Advertisements
    • Advertisement
      Lock icon Page 11 Advertisements Column 1
      63 11 Exclusively At SINGAPORE KUALA LUMPUR JAKARTA BANGKOK PARAGON T: (65) 6333 6663 MARINA BAY SANDS T: (65) 6688 7777 STARHILL GALLERY T: (603)2141 3131 GALLERIA GRAND HYATT T: (6221 3983 881 O SIAM PARAGON T: (662) 6 1 O 9883 WWW.YAFRlRO.COM PARMIGIANI HERITAGE IN THE MAKING THE TONDA HEMISPHERES COLLECTION
      63 words
Page thumbnail Page 12
  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • Article, Illustration
      Lock icon Tips for beginner entrepreneurs
      1076 12  -  Work-life balance goes out the window, while finding the right mentors and being humble counts more, writes ASLAM SARDAR writes ASLAM SARDAR Last week, we looked at the several things to weigh up when considering how to go about acquiring business skills. In this concluding piece,
      1,076 words
    • Article, Illustration
      Lock icon Testing skills and benefiting charity
      723 12  -  Entrepreneurship and business students cut their teeth at annual SP bazaar, reports MAXIE AW YEONG CAMPUS LIFE reports MAXIE AW YEONG GAVIN Ting, 19, and his team at the Singapore Polytechnic (SP) recently set up a stall to sell things at an annual bazaar but
      723 words
  • Page 12 Advertisements
    • Advertisement
      Lock icon Page 12 Advertisements Column 1
      249 12 Be smart with your finances FANCY becoming the next Warren Buffett or George Soros? Or even the famous Robert Kiyosaki? Then read on. The Young Investors’ Forum, part of the BT-Citibank Tertiary Outreach Programme, isn't another dry page out of your financial textbook. To complement our editorial content, we have
      249 words
Page thumbnail Page 13
  • ECONOMY WATCH
    • Article, Illustration
      Lock icon Italian governor seen as front runner for ECB job
      494 13 AFP [MILAN] Italian central bank governor Mario Draghi may be the favourite to head the European Central Bank after Germany’s Axel Weber withdrew from the race, but experts say he still needs to convince Berlin. “His chances have improved but it’s
      AFP  -  494 words
    • Article
      Lock icon House action likely to hamper growth efforts: Geithner
      375 13 Reuters AFP [PARIS] US Republicans’ bill to slash federal spending this year would hurt efforts to spur growth and create jobs, US Treasury Secretary Timothy Geithner said on Saturday. He was asked at a press conference following a Group of 20 meeting
      Reuters; AFP  -  375 words
    • Article, Illustration
      Lock icon G-20 deal casts doubt on group’s relevance
      602 13 Finance ministers, central bankers agree on indicators but not action AP [PARIS] The world’s dominant economies have struck a watered down deal on how to smooth out trade and currency imbalances that many say had exacerbated the financial crisis but the difficulty in
      AP  -  602 words
  • Page 13 Advertisements
    • Advertisement
      Lock icon Page 13 Advertisements Column 1
      176 13 Raiffeisen Bank International wishes His Excellency Dr. Heinz Fischer, President of the Republic of Austria, the Members of the Austrian Federal Government and the accompanying business delegation a pleasant stay in Singapore. i Having been present in Singapore for more than 25 years, Raiffeisen Bank International considers the city-state its
      176 words
Page thumbnail Page 14
  • MALAYSIA/INDONESIA
    • Article
      Lock icon Indonesia coal, metal exports resuming
      467 14 More permits given out, so backlog of shipments at ports starting to clear Reuters [JAKARTA] Indonesia has approved permits for 29 more firms to resume coal and metals exports, paving the way for traders and producers to begin clearing a backlog of shipments at the
      Reuters  -  467 words
    • Article, Illustration
      Lock icon Rumbling even before trains roll
      632 14  -  Govt must allay public misgivings about KL MRT sensibly MALAYSIA INSIGHT PAULINE NG KL Correspondent SINCE it was proposed as a key project under Malaysia’s Economic Transformation Programme (ETP), the Kuala Lumpur mass rapid transit (MRT) had come under intense public scrutiny. Now that it
      BLOOMBERG  -  632 words
    • Article
      Lock icon BURSA MALAYSIA
      1920 14 VOL Feb 18 RM +/-(‘000) A M Realty 0.51 unch 35 Abric Bhd 0.44 unch 111 Advance Synerg 0.32 0.01 ***** Adventa Bhd 2.49 -0.03 141 Ae Multi Hldgs 0.40 unch 442 Affin Holdings 3.47 unch 324 Ahmad Zaki Res 1.10 0.02 434 Aic Corp 1.26 unch 0
      1,920 words
  • Page 14 Advertisements
    • Advertisement
      Lock icon Page 14 Advertisements Column 1
      968 14 MATS BUY IT-SELL IT NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg MERMAID MARITIME PUBLIC COMPANY LIMITED ufiSVi wiflvm "onnVi (jjhtkw) (Reg. No. **********017) 26/28-29, 9 th Floor Orakarn Bldg.,Soi Chidlom, Ploenchit Road, Lumpinee, Pathumwan, Bangkok *****, Thailand. Tel.: +66 (0) 2-255-3115-6; Fax: +66 (0) 2-255-1079 INVITATION TO MERMAID MARITIME'S SINGAPORE SHAREHOLDERS'
      968 words
    • Advertisement
      Lock icon Page 14 Advertisements Column 2
      11 14 CATS Recruit The first door to your world of opportunities CLA/AUG06/g
      11 words
Page thumbnail Page 15
  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon Indian Parliament to probe telecoms scam
      360 15 Reuters [NEW DELHI] India’s government has bowed to opposition demands for a parliamentary investigation into a major telecoms corruption scandal, lawmakers said yesterday, in a move to end months of deadlock and ensure passage of the upcoming Budget. Prime Minister Manmohan Singh is accused
      Reuters; AFP  -  360 words
    • Article
      Lock icon China cities cut home buying after govt curbs
      327 15 Shanghai, Nanjing, Guangzhou, Harbin plan measures Bloomberg [BEIJING] Chinese cities, including Shanghai and Guangzhou, will restrict home purchases after new property curbs by the government aimed at preventing a housing bubble. The two cities will ban local residents who own two or
      Bloomberg  -  327 words
    • Article
      Lock icon More FDI going to Asean, rest of Asia than to China: report
      694 15  -  Macquarie cites higher labour costs, reduced tax incentives for the shift By ANTHONY ROWLEY in Tokyo CHINA has been confirmed this month to have overtaken Japan as the world’s second largest economy behind the US but China seems
      694 words
  • Page 15 Advertisements
Page thumbnail Page 16
  • WORLD
    • Article, Illustration
      Lock icon Staples more pricey than fancy foods in Russia
      566 16 Several waves of price hikes follow severe drought AFP [MOSCOW] After last year’s devastating fires, staples such as cabbage and potatoes are suddenly pricier than fancy new imported foods in Moscow. Booming developing world demand was already pushing up the price of
      AFP; PHOTOS: REUTERS, SPH FILE PHOTO  -  566 words
    • Article
      Lock icon Vietnam to raise power prices amid rising inflation
      236 16 Reuters [HANOI] Vietnam will raise the average electricity price by 15.28 per cent from next month amid rising inflationary pressures, a state-run newspaper said. Prime Minister Nguyen Tan Dung has approved a plan to raise the price, but at a lower percentage
      Reuters  -  236 words
    • Article, Illustration
      Lock icon BHP chief says takeovers still on agenda
      483 16 CEO sees potential opportunities in oil and gas market in next 12 months Bloomberg [SYDNEY] BHP Billiton Ltd chief executive officer Marius Kloppers said takeovers are on his agenda even after pledging to spend US$80 billion on BHP’s own projects. Regulatory concerns are
      Bloomberg  -  483 words
    • Article
      Lock icon 65,000 protest plan to kill Wisconsin public unions
      399 16 Republicans mull bills to cut collective bargaining rights AFP [MADISON, Wisconsin] Chanting “this is what democracy looks like”, 65,000 protesters descended on Wisconsin’s legislature on Saturday in the fifth day of mass demonstrations against a Republican plan to bust public workers unions.
      AFP  -  399 words
    • Article, Illustration
      Lock icon Bahrain protests threaten to spill into Saudi
      699 17 Any unrest might push crude prices above the 2 1 /2-year high hit last week Bloomberg [LONDON] Violent protests in Bahrain provoked by discontent among majority Shiite Muslims risk spilling over to their co-religionists in neighbouring Saudi Arabia, the world’s biggest oil exporter,
      Bloomberg; AP  -  699 words
    • Article
      Lock icon Ho case presages more inheritance brawls
      714 17 Nasty family battles ahead as more Asian tycoons reach old age AFP [HONG KONG] The very public battle over the US$3 billion fortune of wheel-chair-bound Stanley Ho makes for captivating viewing likely to be played out many times over as a rash of Asian
      AFP  -  714 words
    • Article, Illustration
      Lock icon Weber seen vying for Deutsche Bank post
      524 17 Ackermann may step down as chairman as early as next year AFP [FRANKFURT] A heavyweight candidate has joined the shortlist of those who might succeed Deutsche Bank chairman Josef Ackermann as head of Germany’s biggest private bank; German central bank governor Axel Weber.
      AFP  -  524 words
    • Article
      Lock icon Sanctions better than debt brakes, says ECB official
      308 17 Reuters [ATHENS] Automatic sanctions to discipline fiscal offenders in the eurozone are preferable to setting constitutional debt brakes, ECB Governing Council member Yves Mersch told Greek newspaper Real News on Saturday. Writing debt limits into national laws is part of a controversial
      Reuters  -  308 words
    • Article
      Lock icon Gold rush means hard times in Portugal
      486 17 The debt-strapped sell off valuables to pay monthly bills AFP [LISBON] Portugal’s financial woes have triggered a gold rush of sorts, as the country’s debt-strapped population sells off family valuables to pay their monthly bills. From capital Lisbon to the northern city of
      AFP  -  486 words
    • Article, Illustration
      Lock icon Obama ‘has lost control’ of economic plan: Soros
      612 18 The Democratic backer says agenda is now in the hands of Republican Party Bloomberg [WASHINGTON] George Soros, a billionaire hedgefund manager who has donated millions to Democrats, said Democratic President Barack Obama “has lost control of the agenda” on the US economy,
      Bloomberg; REUTERS  -  612 words
    • Article
      Lock icon Zain rejects all bids to buy its stake in Saudi subsidiary
      281 18 Reuters [KUWAIT] Kuwait telecoms operator Zain rejected all offers to buy its stake in Zain Saudi yesterday, throwing its planned US$12 billion deal with Etisalat into jeopardy. Zain had to sell the Saudi stake for regulatory reasons to allow
      Reuters  -  281 words
    • Article
      Lock icon F1’s Lotus naming dispute still in gridlock
      432 18 Chances of resolving disagreement out of court look bleak AFP [KUALA LUMPUR] The chances of resolving the complex Lotus naming dispute out of court look increasingly bleak, meaning that there could be two teams starting the new Formula One season with almost the
      AFP  -  432 words
    • Article
      Lock icon Cheap-fare Halong Bay boats unsafe, risky: travel agents
      447 18 AFP [HANOI] Tourists who boarded the Dream Voyage tour boat for Vietnam’s Halong Bay last Wednesday thought they had got a cheap deal. It ended up costing them their lives. Travel agents in Hanoi’s Old Quarter tourist hub say you get what
      AFP  -  447 words
    • Article
      Lock icon Daimler’s decision on EADS stake could leave Berlin in a bind
      383 18 AFP [FRANKFURT] Torn between the need to save money and the desire to maintain German influence in the European aerospace group EADS, Berlin could be in a bind if automaker Daimler seeks to reduce its holding. “We have to
      AFP  -  383 words
  • Page 16 Advertisements
    • Advertisement
      Lock icon Page 16 Advertisements Column 1
      20 16 IT'S HERE! ..ill 3G 2:40 PM m LDRDinG... ■S GET THE FREE 9I.3FM APP NOW! Available on the App Store
      20 words
    • Advertisement
      Lock icon Page 16 Advertisements Column 2
      14 16 www.om ii* n 60S m iso i' 7? 'C 7 eat -Omy. S g
      14 words
    • Advertisement
      Lock icon Page 16 Advertisements Column 3
      543 16 NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg In the Matter of The Companies Act (Cap. 50) And In the Matter of GOODRICH CONTROL SYSTEMS PTE. LTD. (In Members' Voluntary Liquidation) (Co. Reg. No. *****7185K) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act
      543 words
Page thumbnail Page 17
Page thumbnail Page 18
  • Page 18 Advertisements
    • Advertisement
      Lock icon Page 18 Advertisements Column 1
      74 18 WINE DINE AND HOSPITALITY marine m m TASTE OF ASIA HIGH TEA Available on weekends public holidays, from 12pm to 2.30pm For a taste of Asia, visit AquaMarine, featuring some of Asia's favourite culinary fare with its High Tea Buffet, such as Singapore Style "Rojak", Hong Kong Dim Sum, Braised
      74 words
Page thumbnail Page 19
  • AVIATION/SHIPPING
    • Article, Illustration
      Lock icon HK airport passenger, cargo volumes surge
      295 19 10% more travellers and 10.8% higher cargo throughput in January Xinhua [HONG KONG] Air traffic at the Hong Kong International Airport performed well in the first month of 2011, with passenger volume surging 10 per cent year-on-year to 4.3 million and cargo throughput going
      Xinhua; BLOOMBERG  -  295 words
    • Article
      Lock icon TRANSPORT ST0CKS
      278 19 SGX '000 Feb 18 S$ +/-Vol CH Offshore 0.50 0.01 155 Chuan Hup Hldg unch unch 0 Cosco Corp 2.14 0.02 ***** CWT Ltd 1.29 0.05 ***** Ezra Hldgs 1.65 unch 668 First Ship Lea 0.44 -0.01 491 Freight Links 0.07 0.01 297 Grand Banks unch unch 0
      278 words
    • Article
      Lock icon Biggest Iran tanker operator falls victim to EU sanctions
      438 19 Its ship insurers decline policy cover for 2011/12 Reuters [LONDON] Iran’s biggest crude oil tanker operator, NITC, has said that its ship insurers had declined to renew policy cover for the coming year due to the impact of tightening sanctions in
      Reuters  -  438 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      3294 19 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi SQ455 1230 SQ456 1245 EY473 1940 VA7473 1940 Adelaide LH9771 1745 LH9770 2350 SQ278 1745 SQ279 2350 VS7278 1745 VS7279 2350 Amsterdam LO4031 0605 LO4032 2350 SQ323 0605 SQ324 2350 US5410 0605 US5411 2350 AZ3992 1615 KL835 1615 Athens
      3,294 words
  • Page 19 Advertisements
    • Advertisement
      Lock icon Page 19 Advertisements Column 1
      355 19 Meet Network with Who's Who of the International LNG Industry Hear from over 30 industry experts Supplies for Asian Markets 2011 28 February 3 March 2011 THE 6 th LNG SUPPLIES FOR ASIAN MARKETS Current and Future LNG Markets: Surplus, Deficit or Balance, and When? 28 February 3 March 2011
      355 words
  • Page 19 Miscellaneous
    • Miscellaneous
      Lock icon Page 19 Miscellaneous Column 1
      369 19 CRYPTIC CROSSWORD Across 1 Discouraging sounds, we hear, getting drink (5) 4 Syrup from Caribbean island largely in East (9) 9 Brief rush to get changed and brighten up (9) 10 Father taken in by message axeing principal person abroad (5) 11 Excellent merit possibly in TV coverage? (7) 12
      369 words
Page thumbnail Page 20
  • DINING OUT
    • Article, Illustration
      Lock icon Pulling in the crowds
      875 20  -  NEW RESTAURANT It’s all about hearty, robust cooking that doesn’t bother with little pleasantries. The full flavours hit your palate on first contact nothing fancy, just satisfying comfort food with no ceremony. By Jaime Ee Oversea Restaurant #01-27/37 Shaw Leisure Gallery Shaw Tower 100 Beach Road
      PHOTOS BY ARTHUR LEE  -  875 words
  • Page 20 Advertisements
    • Advertisement
      Lock icon Page 20 Advertisements Column 1
      320 20 1 You are corcfiaffy wefcomedtto SHAW THEATRES premiere for an excfusive movie experience witfipremium services y V S m. urn m fX Vrmwm (peaM Venue: LeveC 4, nex shopping centre Tor more information, pCease visit www.sCaw.sg/premiere SHAW THEATRES premiere A new silver screen experience BHAW THEATRES V~7~~ premiere SHAW TH
      320 words
Page thumbnail Page 21
  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      9383 21 Week ended: Feb 18 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 21 14.5 3148 8Telecom 18.5 -0.5 512 19 18.5 18.5 19 1.7 9.8 5.9 88.6 12 4.5 5834 A-Sonic
      9,383 words
    • Article
      Lock icon SGX CATALIST
      1832 22 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 $mil 7 4 1181 t AA Grp 4.5 -1 48 5 4.5 4.5 5.5 25 4.3 225 130 6222 t APStrategic 164 +1
      1,832 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      116 22 Stock name Close Change CapMallsAsia 1.870 -0.050 CapitaLand 3.390 -0.010 CapitaMall 1.830 +0.010 CityDev 11.060 +0.340 ComfortDelGro 1.550 -0.020 DBS Grp 14.600 +0.020 F&N 6.030 -0.050 Genting SP 2.010 -0.010 Golden Agri 0.650 -0.025 HK Land 6.640 Stock name Close Change JMH 45.380 +0.540 JSH 27.540
      116 words
    • Article
      Lock icon STOCKS ASIA
      2644 22 Transaction date: Feb 18 HONG KONG Vol HK$ +/-'000 Aeon Credit 6.50 0.10 0 Aeon Stores 15.70 unch 3 Angang Steel 11.50 -0.02 5898 Anhui Conch 37.35 -0.40 3196 Anhuiexpresswa 6.27 0.02 2164 Asia Satellite 13.50 unch 4 Asm Pacific 108.00 -0.70 1041 Bank Of E Asia 32.85
      2,644 words
    • Article
      Lock icon GLOBALQUOTE
      263 22 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 $mil 56 38 6000 AVJennings A52.5cd -0.5 102 55.5 52 52.5 55 3.6 6.7 4.2 136.7 55 16 6017 Genting HK US$ US41.5 -1 ***** 44
      263 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 22 MAIN SDQ TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 9 7 2 0 0 0 9 7 2 Manufacturing 51 126 54 7 13 20 58 139 74 Commerce 17 41 21 10 4 4 27 45 25 Tpt/Stor/Comms 18 20 8
      186 words
    • Article
      Lock icon SGX ETF
      931 22 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 $mil 124 108 6389 ABF SG Bond ETF 110 unch 19 110 110 109 111 502.1 1070 761 CIMBAsean40 100US$ US1003 +28 55 1005 981
      931 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      123 22 TURNOVER (‘000) VALUE (‘000) MAIN SDQ TOTAL MAIN SDQ TOTAL Multi Ind 173,936 173,936 650,971 650,971 Manufacturing 1,392,747 96,958 1,489,705 1,263,931 4,444 1,268,375 Commerce 452,943 64,387 517,330 582,151 9,246 591,397 Tpt/Stor/Comms 580,828 10,207 591,035 1,112,934 2,168 1,115,102 Finance 138,949 183 139,132 1,168,051 26 1,168,077 Construction 152,143 57,593
      123 words
Page thumbnail Page 22
  • Page 22 Advertisements
    • Advertisement
      Lock icon Page 22 Advertisements Column 1
      26 22 Insiders' trades. Brokers' recommendations. Dividend table. The pages also cover transactions by directors and substantial shareholders. In other words, news you can use. THE BUSINESS TIMES
      26 words
Page thumbnail Page 23
  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      374 23 In local curr In S$ In US$ dy yr dy yr dy yr Feb 18 Index Change Change Change Change Change Change World Index Preliminary 952.7 0.1 6.1 0.0 5.9 0.2 6.5 EAFE Preliminary 844.9 0.0 5.5 0.1 5.5 0.3 6.1 Europe Preliminary 1230.3 0.1
      374 words
    • Article
      Lock icon INTERBANK RATES
      178 23 Feb 18 $S Offer Bid 0vernight 0.02 0.01 1-month 5/16 1/16 2-months 3/8 1/8 3-months 7/16 3/16 Overnight mode: 0.02 US$ Offer Bid 7 days 0.33 0.23 1 month 0.38 0.28 2 months 0.43 0.33 3 months 0.46 0.36 6 months 0.60 0.50 9 months 0.80 0.60 12
      178 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      22 23 Feb 18 S$ Bid Offer 1-month 1.2747 1.2749 2-months 1.2744 1.2747 3-months 1.2743 1.2745 6-months 1.2736 1.2738 Source: OCBC
      22 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 23 Feb 18 As at 9am Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.334 1.259 Can dollar 1.32 1.27 Euro 1.772 1.704 Sterling pound 2.103 2.023 NZ dollar 0.997 0.95 US dollar 1.295 1.246 Local dollars to 100 units of foreign
      121 words
    • Article
      Lock icon STOCK INDEX FUTURES
      27 23 Feb 18 Source: MF Global (S) Pte. Ltd Open High Sett STI Feb 3087 SIMSCI Feb 365.0 368.5 364.7 Taiwan Feb 308.4 315.9 314.5
      27 words
    • Article
      Lock icon PALM OIL
      65 23 Feb 18 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Mar 11 3848 3755 3848 3730 1242 8634 Apr 11 3829 3734 3833 3708 3682 ***** May 11 3752 3683 3785 3660 ***** ***** Jun 11 3720 3630
      65 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      466 23 Feb 18 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Mar11 99.6725 0 3827 Jun11 99.5900 0 1657 Sep11 99.4700 0 3214 Dec11 99.2600 0 1374 EUROYEN TIBOR FUTURES Mar11 99.6600 0 5142 Jun11 99.6450 0 972 Sep11 99.6275 0 786 Dec11 99.6100 99.6100 99.6100 99.6025 0
      466 words
    • Article
      Lock icon SICOM FUTURES
      146 23 Feb 18 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Mar 11 648.0 341 Apr 11 648.0 443 May 11 648.0 648.0 648.0 24 152 Jun 11 645.0 393 Jul 11 642.0 146 Aug 11 633.5 64 Sep 11
      146 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      79 23 Feb 18 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****S 19.05.2011 0.33 1-Year BY*****N 01.11.2011 0.40 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0V 1.625 01.04.2013 102.41 102.43 102.43 5-Year N*****0S 2.875 01.07.2015 107.10 10-Year NY*****N
      79 words
    • Article
      Lock icon CHICAGO BOT
      107 23 Feb 18 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Mar 11 1368.00 1404.50 1410.00 1361.50 May 11 1381.00 1416.50 1421.25 1373.00 Jul 11 1389.00 1423.75 1429.00 1380.75 Aug 11 1374.00 1408.00 1412.25 1371.75 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Mar 11 56.49
      107 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      77 23 CRUDE OIL PRODUCTS Feb 17 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 104.13 0.83 WTI (Near Mth) 86.37 1.36 Dubai (1-Mth F) 99.32 1.30 Tapis blend 108.00 1.40 Minas 104.10 1.40 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 95.72 0.94 Jet Kerosene 119.60 2.05 US$/barrel Opec Oil
      77 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      2807 23 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Tel Last Vol Conv Exer Disc Gear-Mths Code Company Sale +or-('000) Ratio Price ing Left AFP Properties EW*****8 26 unch 845 1 10 -4 1.44 57 6221 Asia-Pacific Strategic W*****6 31.5 unch 11 1 150 11 5.21 39 6227 ASJ Hldgs W*****1 3 1
      2,807 words
    • Article
      Lock icon INTERBANK CROSS RATES
      464 23 Feb 18 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.996 6.656 0.745 7.882 45.748 89.618 0.844 11.271 3.074 1.328 86.409 43.880 1.291 7.287 0.963 29.741 30.983 0.624 1.012 Canada 1.004 6.686
      464 words
    • Article
      Lock icon SIBOR
      85 23 Feb 18 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 0.***** 0.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths
      85 words
    • Article
      Lock icon PRECIOUS METALS
      138 23 Feb 18 GOLD (US$/oz) Feb 18 Feb 17 Hong Kong unav 1378.50 Feb 17 Feb 18 London 1381.35 1385.00 1382.10 1385.80 Source: Thomson Reuters CAST BAR Feb 18 (S$) Selling Buying Kilobar 60,922.59 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 136 57 5gm 387 284 10gm 692
      138 words
    • Article
      Lock icon LONDON METALS
      69 23 Feb 18 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2538.25 2483.50 3 months 2568.00 2512.00 Copper, Grade A (US$/tonne) Cash 9867.00 9814.25 3 months 9860.00 9805.00 Lead (US$/tonne) Cash 2663.00 2584.50 3 months 2667.50 2585.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00
      69 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      154 23 Feb 18 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2905 1.2910 1.0122 1.0125 Canadian dollar 1.2963 1.2968 1.0168 1.0170 Euro 1.7325 1.7332 1.3589 1.3593 NZ dollar 0.9716 0.9724 0.7621 0.7626 Sterling pound 2.0671 2.0680 1.6214 1.6218
      154 words
    • Article
      Lock icon LIFFE
      82 23 Feb 18 COCOA (£/tonne) Close Prev High/Low Mar 11 2280 2244 2296/2239 May 11 2263 2232 2279/2224 Jul 11 2200 2172 2218/2172 Sep 11 2158 2142 2162/2133 COFFEE (US$/tonne) Close Prev High/Low Mar 11 2288 2257 2303/2268 May 11 2337 2305 2358/2316 Jul 11 2353 2321 2367/2331 Sep 11
      82 words
Page thumbnail Page 24
  • Article
    Lock icon SHIPPING TIMES
    5902 24 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 Camden/New Orleans/Tampico *Loads E./W. Malaysia, Indonesia Destination
    5,902 words
  • Page 24 Advertisements
Page thumbnail Page 25
  • Page 25 Advertisements
    • Advertisement
      Lock icon Page 25 Advertisements Column 1
      29 25 r FREIGHT FORWARDER urgently needed by shippers 1 Can they find your services here in the Shipping Times? THE BUSINESS TIMES TO ADVERTISE, CALL JOE WONG AT 9620 1327
      29 words
Page thumbnail Page 26
  • BizIT THE BUSINESS OF INFOCOMM TECHNOLOGY
    • Article, Illustration
      Lock icon S’pore govt primed for advanced analytics
      829 26  -  But it needs to develop the skills, says consultant. reports VICTORIA HO THE Singapore government’s investments in data mining and business intelligence place it on a par with more advanced peers globally, as well as Fortune 500 corporations in terms of effective deployment of
      829 words
    • Article
      Lock icon Infinite Frameworks ropes in global distributor and cloud for futuristic studio
      435 26  -  By VICTORIA HO SINGAPORE-BASED media house Infinite Frameworks (IFW) is gearing up for the launch of its “studio of the future” in 18 months. When ready, the 260,000 square foot facility Infinite Studios will be the anchor tenant of
      435 words
    • Article
      Lock icon Japan’s NTT Data buys local analytics firm Cornerstone Asia
      248 26  -  By VICTORIA HO LOCAL analytics firm Cornerstone Asia has been acquired by IT services company NTT Data Asia-Paci-fic. Through this, NTT Data, a subsidiary of Japanese ICT (infocomm technology) giant NTT will add business intelligence (BI) and analytics to its portfolio
      248 words
    • Article, Illustration
      Lock icon Did Nokia dial the right number?
      1315 26  -  Success of its deal with Microsoft will depend on how its software agreement is structured <we say> AMIT ROY CHOUDHURY Technology Editor NOKIA’S announcement on Feb 11 that it will be hopping on to the Windows bandwagon, effectively ditching its Symbian OS (operating system),
      1,315 words
    • Article, Illustration
      Lock icon Employees first, customers second
      1085 27  -  Vineet Nayar’s radical style took HCLT from a $700 million company to US$3.1 billion in five years, reports RAJU CHELLAM <the bizIT interview> reports RAJU CHELLAM HOW do you take a company from US$700 million in annual revenue to US$3.1 billion in under five years? How
      1,085 words
    • Article
      Lock icon First mobility lab in S’pore
      257 27  -  By RAJU CHELLAM HCL Technologies (HCLT), one of India’s largest IT services providers for global companies, last week opened its enterprise mobility laboratory in Singapore the company’s first such facility for mobile apps development, and its second outside India. The first overseas R&D lab was
      257 words
    • BizIT FOCUS: CLOUD INFRASTRUCTURE
      • Article, Illustration
        Lock icon Sharing of IT resources to become more common
        3079 28 Cloud option will help companies determine how their IT infrastructure will be developed OVERVIEW CLOUD computing captured huge mindshare among CIOs (chief information officers) in 2010. With most companies understanding the benefits of the cloud it is expected that this year shared
        3,079 words
  • Page 26 Advertisements
Page thumbnail Page 27
  • Page 27 Advertisements
    • Advertisement
      Lock icon Page 27 Advertisements Column 1
      194 27 There Are Some Things In Life For Which You'll Never Compromise Your health is clearly one of them, and we understand. That's why Paragon Medical is home to a total of over 60 medical specialists, ensuring you get the best of care to stay in perfect health. MEDICAL SERVICES: Aesthetics/Cosmetic
      194 words
Page thumbnail Page 28