The Business Times, 9 January 2012
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2012-01-09
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The Business Times
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Title Section25 2012-01-09 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|£l A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MICA (P) 120/08/2011 Monday, January 9, 201225 words
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Article, Illustration673 2012-01-09 1 ANTHONY ROWLEY - Company president plans to step down soon, say reports By ANTHONY ROWLEY in Tokyo JAPAN’S Olympus affair continued to gather momentum at the weekend despite the decision by the famous camera maker’s former president and CEO, Michael Woodford, to abandon his dramatic attemptAP - 673 words
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712 2012-01-09 1 NEIL BEHRMAN - Majority lose money in last year’s bear market; equity hedge funds tumble over 19% By NEIL BEHRMAN in London HEDGE funds are losing much of their lustre, proving as vulnerable as their conventional counterparts to the global downturn. The vast majority of hedge712 words
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MARKETS DIGEST
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Article57 2012-01-09 1 Weekly Change ST INDEX 2,715.59 +69.24 KL COMP 1,514.13 -16.60 NIKKEI 225 8,390.35 -65.00 HANG SENG 18,593.06 +158.66 SET INDEX 1,036.26 +10.94 JAKARTA COMP 3,869.42 +47.43 MANILA COMP 4,483.36 +111.40 SEOUL COMP 1,843.14 +17.40 SHENZHEN B 555.68 -11.36 MUMBAI IND 15,848.80 +393.88 DOW 12,359.92 +142.32 NASDAQ 2,674.22 +69.07 S&P57 words
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Article21 2012-01-09 1 BT print subscribers get free access to BT Online at www.businesstimes.com.sg. For more information, e-mail btocs@sph.com.sg or call 6388-3838.21 words
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Article18 2012-01-09 1 SINGAPORE 5.38 MALAYSIA 5.55 HONG KONG 5.00 INDONESIA 0.50 TAIWAN 5.036 JAPAN 1.475 KOREA Source: Bloomberg18 words
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Article49 2012-01-09 1 US$ S$ US$ (S$ per US$) 1.295 (US$/S$ per 1.551 2.009 EURO (US$/S$/E) 1.278 1.655 Foreign currency per US$ S$ YEN 77.20 59.60 RM 3.153 2.434 HK$ 7.766 5.995 BAHT 31.65 24.43 RUPIAH 9,165 7,076 RENMINBI 6.312 4.873 INDIAN RUPEE 52.80 40.76 A$ 0.977 0.754 NZ$ 1.282 0.99049 words
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Page 1 Advertisements
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Advertisement89 2012-01-09 1 YOUNG INVESTORS‘ FORUM Investing in networking PAGE 14 BizIT Network bottlenecks hit cloud adoption PAGE 30 DINING OUT Brasserie Gavroche rustic but chic PAGE 23 VIEWS FROM THE TOP Nurturing a culture of productivity PAGES 12-13 THE HOURGLASS TAKASHIMAYA S.C. KNIGHTSBRIDGE ION ORCHARD TANG PLAZA ORCHARD CENTRAL RAFFLES HOTEL ARCADE89 words
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Advertisement7 2012-01-09 1 BANKING Plenty of challenges ahead PAGE 47 words
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TOP STORIES
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THREE-MINUTE DIGEST
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49 2012-01-09 2 HEDGE funds are losing much of their lustre, proving as vulnerable as their conventional counterparts to the global downturn. The vast majority of hedge funds lost money in 2011 despite the sales spin that they are good alternative investments during bear markets.49 words
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59 2012-01-09 2 OLYMPUS said yesterday that it plans to make public tomorrow a report by an in-house panel which has concluded that more than 10 senior executives were involved in covering up the huge losses. The company is considering filing law suits against the current59 words
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78 2012-01-09 2 EUROPE continues to pull the US stock market under but traders are hoping the American market can escape the eurozone’s clutches, starting this week. On Friday, the Labor Department reported that the unemployment rate unexpectedly dipped to 8.5 per cent, its lowest level78 words
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81 2012-01-09 2 WITH Brent Crude above US$100 a barrel most of 2011, Singapore rig builders Keppel Corp and Sembcorp Marine have taken in a record number of offshore vessel orders. Whether 2012 bodes a better year for the pair will depend on news out of81 words
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70 2012-01-09 2 WITH global uncertainties carrying over from 2011 into the new year, telecommunications stocks have once again come up as top picks in two market outlook and strategy reports. M1, SingTel, DBS, and Frasers Centrepoint Trust, in particular, have emerged as70 words
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71 2012-01-09 2 US PRESIDENT Barack Obama called last Friday’s jobs report a sign the US economy is on the rebound. His prospects for re-election may depend on it. The drop in the unemployment rate in December to 8.5 per cent, a three-year low, showed71 words
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84 2012-01-09 2 FOR most Wall Street bankers, 2011 was a year they would rather forget. Investors will soon find out just how bad that year was for the country’s biggest financial institutions. In recent days, analysts have been lowering their fourth-quarter earnings estimates for84 words
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60 2012-01-09 2 BRITISH Prime Minister David Cameron said for the first time yesterday he would veto a European-wide financial transaction tax unless it was imposed globally, deepening a confrontation with European Union heavyweights France and Germany. He said France should be free to go it60 words
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Article, Illustration838 2012-01-09 2 ROB CURRAN - However, traders hope Europe and US markets will ‘decouple’ this year WALL STREET INSIGHT By ROB CURRAN EUROPE continues to pull the US stock market under like a millstone, jeopardising an otherwise strong swimmer. But traders are hoping the American market can escapeAP - 838 words
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Article94 2012-01-09 2 IN the story headlined “S’pore-M’sia land swop areas devt to begin next year” published on Jan 6, it was reported that the development cost for the two Khazanah-Temasek projects in Johor’s Iskandar development region is RM3 billion. The sum refers to the development value of the projects.94 words
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Article, Illustration864 2012-01-09 4 LYNN KAN - Analysts see both Keppel and SembMarine sharing the 21-rig order By LYNN KAN [SINGAPORE] With Brent crude above US$100 a barrel for most of 2011, Singapore rig builders Keppel Corp and Sembcorp Marine have taken in a record number of offshore vessel orders.BLOOMBERG - 864 words
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788 2012-01-09 4 SIOW LI SEN - But banner year in 2011 provides room for optimism By SIOW LI SEN [SINGAPORE] Banks here are going into 2012 with major worries slower loan growth, wobbly property markets and exposure to China’s economic problems. But they will have reasons to be788 words
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695 2012-01-09 4 Fears over threat to supply flow overblown, they say Reuters [LONDON] How does an oil trader play the market when Iran threatens to shut the Strait of Hormuz and strangle Middle East oil supplies? “Buy!” some would say. ButReuters - 695 words
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Page 2 Advertisements
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Advertisement2089 2012-01-09 2 FRONT PAGE COMPANY NEWS, PAGE 7 FRONT PAGE ECONOMY WATCH, PAGE 15 TOP STORIES, PAGE 2 WORLD, PAGE 19 TOP STORIES, PAGE 4 WORLD, PAGE 21 the business timesweek nd www. usinesstimes.com. g| SEPTEMBER 24-25, 2011 S$1.00| MICA (P) 121/08/2011 the raffles conversation CAREER DIPLOMAT BARRYDESKER 12-13 cheap funds Local2,089 words
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Advertisement672 2012-01-09 3 Future Leaders Program™ Uncompromisingly the Best If you suspect that The Learning Lab sets a high bar for its enrichment programs and high expectations for its students, you are right. Our programs demand a great deal from the curriculum research teams and the specialist coaches who create and deliver the672 words
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Advertisement72 2012-01-09 4 V\ -V :US V IAUI W. >-rh\ m ARE YOU TRAINING AN ACCOUNTANT WHOSE EYES ARE ON THE CLOCK, YUUK BUSINESS? *HE|CN/^TE^t D XCQ NO ONE'S BETTER C$ i of FTSE 100 companies have an ICAEW Chartered Accountant on their board. Now you know who to consider for your next72 words
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Advertisement782 2012-01-09 5 Cap/taMalls Asia l £5T p «Ring AT 2PIVI TODAVf on the SGX^ A bT Code;PW3 2) r ft r 4 o r r i w /r vr: ?/-JP ff Year 1 to 5: Interest of 3.8% D.a. r Year 6 to 10: Interest of 4.5% p.a (If the Bonds are782 words
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SINGAPORE MARKETS
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Article, Illustration570 2012-01-09 6 R SIVANITHY - STOCKS R SIVANITHY Senior Correspondent THE Straits Times Index sometimes fails in its role as a benchmark for the local stock market. Last week’s trading provided a good example of this, the Jardine group virtually sin-gle-handedly ensuring that the index recorded three consecutive570 words
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750 2012-01-09 6 Fall attributed to concern that Europe’s debt crisis is worsening CURRENCIES Bloomberg [NEW YORK] The euro fell for a fifth week versus the dollar in its longest losing streak in almost two years on concern that Europe’s debt crisis is worsening andBloomberg - 750 words
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546 2012-01-09 6 COMMODITIES AFP [LONDON] Commodity markets were roiled last week as the dollar surged against the beleaguered euro and oil prices spiked close to eight-month highs on simmering tensions over key crude producer Iran. The European single currency tumbled to yet anotherAFP - 546 words
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Article1503 2012-01-09 6 Consensus No. of Forecast Mean Fri’s recommendation esti-EPS PE target price Company name This wk Last mth mates (cents) (ratio) price AIMS AMP Cap Ind REIT 2.00 2.00 2 9.35 10.32 1.33 0.97 Amtek Engg 2.60 2.60 5 0.08 5.67 0.82 0.62 ARA Asset Mgt a 1.71 1.711,503 words
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Article65 2012-01-09 6 Jan 6 VALUE CLOSE BT OB/OS 355.00-122.00 BT CADI -*****.00 +23.00 BT 10-day MA -*****.00 +35.00 FTSE ST Mid Cap 605.45 +3.37 FTSE ST Small Cap 406.66 -0.16 FTSE ST All Share 652.14 +1.04 FTSE ST China Top 195.07 +1.14 FTSE ST China 229.38 +1.33 FTSE ST65 words
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Article62 2012-01-09 6 VOLUME GMG Global 347,481,000 Genting SP 172,957,000 Golden Agri 131,998,000 Noble Grp 121,134,000 Yoma 115,281,000 Sheng Siong 107,939,000 HPH Trust US$ 84,789,000 SingTel 82,022,000 TT Intl 80,947,000 *Genting HK US$ 69,174,000 VALUE($) Genting SP 269,265,465 SingTel 256,982,233 Keppel Corp 140,137,470 Noble Grp 139,245,440 DBS Grp 115,331,140 UOB62 words
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Article109 2012-01-09 6 BY CENTS CLOSE UP DBXT AUDCS 5US$ ***** 505.1 1.9 IS DJ US Tech 6520 326.4 4.0 DBXT Nifty 10US$ 9118 314.7 2.7 IS S&P500 ***** 299.2 1.8 DBXT AUDCS 5SG$ ***** 284.0 1.1 JSH 2985 282.3 7.9 JMH 4885 233.1 3.8 Jardine C&C 5000 188.0 3.9 DBXT MSEurope109 words
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Article127 2012-01-09 6 BY CENTS CLOSE DOWN GLD 10US$ *****-1045.0 -4.9 DBXT FTVietnam 10US$ 1732 -114.0 -4.8 Lyxor EmergingMkts 1 905 -98.4 -7.7 DBXT MSKorea 10US$ 5084 -66.1 -1.0 DBXT S&P Short 10US$ 4095 -64.8 -1.2 DBS Bk 4.7% NCPS 100 ***** -40.0 -0.4 DBXT E50 10US$ 3343 -38.9 -0.9 DBXT CSI300127 words
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Article, Illustration1013 2012-01-09 8 TEH HOOI LING - TEH HOOI LING Senior Correspondent HOW cheap is the Singapore market now? Based on equity risk premium (ERP) a measure of the expected return of an equity investor over and above the risk free rate the market is at its cheapest since 1999, with1,013 words
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1074 2012-01-09 8 ROBERT HALILI - INSIDE MARKETS By ROBERT HALILI The writer is managing director, Asia Insider Limited LAST year was a difficult year for directors and listed firms as the majority of stocks ended the year down from their average purchase prices. Only1,074 words
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COMPANY NEWS
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651 2012-01-09 7 Bloomberg [BOSTON] US stock mutual funds that invest in domestic equities had their sec-ond-worst redemptions last year as record market swings sent investors to the perceived safety of bond funds. Investors pulled an estimated US$132 billion from mutual fundsBloomberg - 651 words
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Article, Illustration363 2012-01-09 7 KELLY TAY - M1, SingTel, DBS, Frasers Centrepoint Trust have emerged as key ‘buy’ calls By KELLY TAY WITH global uncertainties carrying over from 2011 into the new year, telecommunications stocks have once again come up as top picks in two market outlookFILE PHOTO - 363 words
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Article295 2012-01-09 9 Jan 6 BANKS Agricultural Bank Of China 5.5 Agricultural Bank Of China 5.5 Banco Bilbao Vizcaya 6 Arab Bank PLC Bank Julius Baer Co. Ltd(S) 5 Banco Bilbao Vizcaya Bank of China Limited 5.5 Bank of Communications 5.5 6 Bank Julius Baer Co. Ltd(S)... Bank of New295 words
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Article251 2012-01-09 9 COMPANY MEETING PLACE DATE TIME MFS Tech A 801 Lorong 7 Toa Payoh, Weemes Building #02-01, Singapore *****9 09-Jan 11.30am Jel Corp E 11 Changi North Way, JEL Centre, Singapore *****6 09-Jan 2.30pm WBL Corp A 65 Chulia Street #50-00, OCBC Centre, Singapore *****3 10-Jan 10.30am China Titanium251 words
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Article, Illustration1039 2012-01-09 9 Analysts see promise in region; slowdown a buying opportunity for investors NYT [NEW YORK] The European credit crisis has dominated the headlines, but the biggest reaction to shaky global economic and financial conditions has been in Asia. Stock markets there andNYT - 1,039 words
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233 2012-01-09 9 Bloomberg [VANCOUVER] Koskie Minsky LLP and Siskinds LLP won approval from an Ontario judge to lead an investor class-action lawsuit against Sino-Forest Corp and its executives, according to court documents. Ontario Superior Court Judge Paul Perell announced the decision on Saturday in a 57-pageBloomberg - 233 words
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Article222 2012-01-09 9 Payment Ex Books Pay Ann (cts) date close date date Asia Pac Brew ak 63.000 25-Jan 27-Jan 13-Feb 11-Nov Asia Pac Brew bh 15.500 25-Jan 27-Jan 13-Feb 11-Nov Cosmosteel Hldgs aj 1.000 27-Feb 29-Feb 14-Mar 29-Dec Eastgate Tech an 0.100 23-Feb 27-Feb 15-Mar 13-Dec Etika Intl ak 0.700222 words
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Advertisement222 2012-01-09 7 The Leading Operator Established 1985 “Satisfying your corporate needs” We are always actively involved in identifying the true needs of our clients and ensuring that those needs are met on time and on budget. A dynamic team rich in experience, professionalism and knowledge. Always believe in going far and beyond222 words
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Advertisement146 2012-01-09 7 Only UB can bring you the benefits that come from being Singapore’s First Executive MBA The University at Buffalo School of Management established the first Executive MBA program in Singapore in 1996 in partnership with the Singapore Institute of Management. Since then, we’ve been evolving our top-ranked program to provide146 words
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Advertisement170 2012-01-09 9 UFIND THE ONES THAT FIT! 1 Recruit the right people through CATS Recruit. Call 1800 289 8822 or email recruit@sph.com.sg J to advertise. 1 u 1 Are You Struggling To Earn $8,000 A Month? Do You Want To Start A Profitable Business in Singapore and 16 Countries Worldwide? Professor Dr170 words
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Advertisement70 2012-01-09 9 U.S. FRANCHISES EXPANDING IN SINGAPORE AND MALAYSIA Educational programs focused on creativity, innovation entrepreneurship for corporate executives, schools and children ages 5-15. Seeking Master Licensees Single Center Licensees US$25,000 Investment Required for Single Center Licensee Presentation and meetings will be held in Singapore on: 12 th January 2012 Contact Ms.70 words
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Advertisement138 2012-01-09 9 s/ > c c v* '•v W V\\>S W u w mt h L J A f i tit *f I fb 4k Si Chuan Dou Hua Restaurant -i.v -53fe’ v Blossoming Prosperity Yusheng Season after season, Si Chuan Dou Hua reconnects hearts at the table with unique Yusheng creations138 words
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SINGAPORE NEWS
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471 2012-01-09 10 RONNIE LIM - But Renewable Energy Corporation will be cutting its wafer production back home in Norway By RONNIE LIM NORWEGIAN solar cell maker Renewable Energy Corporation (REC) said last week that it is continuing to run its new $2.5 billion integrated Singapore plant471 words
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Article, Illustration278 2012-01-09 10 PANG JIN HU - ‘In Celebration’ is first Asian artpiece showcased there By PANG JIN HU SINGAPORE’S In Celebration, has become the first Asian artpiece ever to have been showcased at the 159-year-old Fête des Lumières (Festival of Lights) in Lyon, France. Representing the Lion278 words
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362 2012-01-09 10 EVE YEO - By EVE YEO POLYTECHNIC graduates in 2011 received higher starting salaries than those in 2010, a recent survey showed. The median gross monthly salary of fresh graduates in full-time permanent employment was $1,850, compared to $1,800 in 2010. Fresh graduates in362 words
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Page 10 Advertisements
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Advertisement344 2012-01-09 10 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF FUNNY INVESTMENTS HOLDING PTE. LTD. (IN MEMBERS' VOLUNTARY LIQUIDATION) (Co. Reg. No: *****7704Z) At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 4 Battery Road, #34-01 Bank of China Building,344 words
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Advertisement432 2012-01-09 10 THE COMPANIES ACT, CAP. 50 HILCO SINGAPORE PRIVATE LIMITED (In Vol. Liquidation) Co. Reg. No. *****5047R NOTICE IS HEREBY GIVEN that the creditors of the above-named Company which is being voluntarily wound up are required on or before the 10th day of February, 2012 to send in their names and432 words
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Advertisement1049 2012-01-09 10 NAM LEE PRESSED METAL INDUSTRIES LIMITED (Incorporated in the Republic of Singapore) (Company Registration Number *****0362M) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Company will be held at Ruby Suite, Orchid Country Club, 1 Orchid Club Road, Singapore *****2 on 311,049 words
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Advertisement210 2012-01-09 11 Milestone A ch e vement INNOVATION EXCELLENCE AWARD 2007 WINNER him. INNOVATION CLASS Partner 1)7 i-1** iMI IM I Cl’ m ihi r-‘/ii T; h jp.t ‘i iT 'i— ■nr v* i "i W »c; 3; gjjff nr ■h. tt "I h fJi ■■j 1 m Vv>. 'HU: ...,Tr 0210 words
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VIEWS FROM THE TOP
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Article, Illustration2836 2012-01-09 12 THIS WEEK’S TOPIC: What are some of the challenges faced by management and staff when initiating productivity measures within an organisation? What steps would you take to build a productivity culture that would bring benefits to your staff and company? Eu Pui Sun Managing DirectorBLOOMBERG FILE PHOTO - 2,836 words
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Advertisement248 2012-01-09 13 Main Sponsor Organiser GMP HE GMP GROUP my paper mm r a*? 2011 Finalists (From left): Zarina Yusof, 1 st Runner-up, Deputy Director, Youth Health Programme Development, Health Promotion Board; Willy Foo, Manager, Ministry of Defence; Jeanne Lee, Overall Winner, Business Development Manager, Bankers Almanac, part of Bankers Accuity; Rikesh248 words
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Advertisement11 2012-01-09 13 For the complete list of views from CEOs, go to http://businesstimes.com.sg11 words
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BT-CITIBANK YOUNG INVESTORS' FORUM
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Article, Illustration874 2012-01-09 14 JANE WILLIAMS - Can sharing an idea help take it from the drawing board to the marketplace? Talk may cost nothing but new research indicates it gives an entrepreneur a better chance of success, says JANE WILLIAMS JANE WILLIAMS YOU may not need to have the charisma of Bill Gates874 words
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Article, Illustration817 2012-01-09 14 TAM YU LING - STARTING YOUNG By TAM TAM YU LING Muhammad Fiaz, 24, has been actively involved in his family’s carpet business since he was young. So when the banking and finance graduate of SIM Global Education said that he wished to strike out on his ownARTHUR LEE - 817 words
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Page 14 Advertisements
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Advertisement309 2012-01-09 14 Get started now ‘Spot the Index’ contest THINK you can forecast where the market’s headed? Then put your skills to the test and familiarise yourself with our local stock market index, the Straits Times Index (STI), now. Simply spot the weekly closing index rate and stand to win an Apple309 words
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ECONOMY WATCH
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Article, Illustration792 2012-01-09 15 Drop in December’s unemployment rate shows economy is on the rebound Bloomberg [WASHINGTON] US President Barack Obama called last Friday’s jobs report a sign the US economy is on the rebound. His prospects for re-election may depend on it. The drop inBloomberg; REUTERS - 792 words
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Article, Illustration561 2012-01-09 15 AFP [FRANKFURT] The European Central Bank, after cutting interest rates for the past two months, is unlikely to do so again this month, analysts say, but additional cuts could still be on the cards later this year. With the recent raft ofAFP; BLOOMBERG - 561 words
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614 2012-01-09 15 His comment follows ‘encouraging’ data on jobs in December Bloomberg [SAN FRANCISCO] Federal Reserve Bank of St Louis president James Bullard said the Fed probably won’t begin a new round of bond purchases following “encouraging” data showing the US economy gainedBloomberg - 614 words
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251 2012-01-09 15 AFP [PRETORIA] International Monetary Fund (IMF) chief Christine Lagarde has praised South Africa’s “impressive” economic performance but again warned that the European debt crisis posed a risk to Africa’s largest economy. “South Africa’s recent economic performance has been impressive. Good macroeconomic policies which, together withAFP - 251 words
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466 2012-01-09 15 Reuters [ZURICH] The Swiss National Bank (SNB) will review its internal rules governing own transactions made by board members as it seeks to clean up its image following a trading scandal centred on its chief. The SNB has come under pressure toReuters - 466 words
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MALAYSIA/INDONESIA
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Article, Illustration657 2012-01-09 16 PAULINE NG - A recent report reveals how endemic and deeply entrenched corruption is among officers at the M’sia-Thai border MALAYSIA INSIGHT PAULINE NG KL Correspondent MALAYSIA is implementing tighter scrutiny at its border checkpoints to better control smuggling. The latest moves come in the wake of an657 words
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Article, Illustration389 2012-01-09 16 Reuters [JAKARTA] Indonesia, the world’s top refined tin exporter, will not impose export taxes on the base metal this year, a trade ministry official said. Late last year, Indonesia’s Industry Minister said it was looking to introduce export taxes for coalReuters; BLOOMBERG - 389 words
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Article1729 2012-01-09 16 VOL Jan 6 RM +/-(‘000) A M Realty 0.42 unch 0 VOL Advance Synerg 0.20 unch 1810 Adventa Bhd 1.65 -0.01 85 Ae Multi Hldgs 0.34 0.02 5808 Affin Holdings 3.06 -0.03 150 Ahmad Zaki Res 0.66 0.01 223 Airasia Bhd 3.66 0.01 3894 Alliance Finan 3.89 unch1,729 words
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Advertisement77 2012-01-09 16 How to run a business without running out of ideas Produced by SME Jan/Feb issue out now! Why some fresh graduates choose to work in SMEs Five expensive mistakes to avoid How to measure productivity Is Japan still worth the while? Stock options for SMEs Available at Caltex, Esso, Shell77 words
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Page 17 Advertisements
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Advertisement209 2012-01-09 17 ■J V N ■9 /I z* i sa A 4 js> wni -r </ i \S v£ K& vt p i v*'* X <c ’v.a-1 V: V w u 2V /V c r-' 4 4 J X S' m -r >./> V-_ f u >< L i*v^! .> wvfl V209 words
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GREATER CHINA/INDIA
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Article, Illustration418 2012-01-09 18 Premier also calls for better regulation to manage the risks Reuters [BEIJING] China’s Premier Wen Jiabao has urged the country to reduce risks stemming from local government debt and called for better regulation to manage the risks, although he described the debtReuters - 418 words
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Article, Illustration319 2012-01-09 18 AFP [BEIJING] The world’s largest annual migration of people officially began in China yesterday with millions of travellers boarding public transport to journey across the vast country for Lunar New Year celebrations. The government estimates the number of passenger trips on trains, planes,AFP; AP - 319 words
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442 2012-01-09 18 Nation’s export-led model not seen working in future Reuters [CHICAGO] The World Bank will recommend reforms to China’s domestic financial system as part of broader proposals to help wean the country from a dependence on exports to sustain economic growth, World Bank presidentReuters - 442 words
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Article, Illustration321 2012-01-09 18 Reuters [NEW DELHI] India’s Prime Minister said yesterday that the economy would likely withstand an uncertain external environment to grow about 7 per cent this fiscal year, lower than a revised forecast of about 7.5 per cent growth issued by his governmentReuters - 321 words
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538 2012-01-09 18 Several provinces’ debt-to-GDP ratio tops national figure AFP [BEIJING] Local governments across China have borrowed billions of dollars to build bridges, shopping malls and apartments, leaving many insolvent and endangering the country’s financial system, analysts say. While the central government in Beijing isAFP - 538 words
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435 2012-01-09 18 AFP [MUMBAI] The Indian government’s decision to allow foreign nationals to invest directly in stock markets is an attempt to revive its reform agenda but any benefits will only be seen long term, analysts say. The move to liberalise share-trading wasAFP - 435 words
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Advertisement68 2012-01-09 18 Za i m Men’s Hcalt It f) HI rlt Pter rostate tt i./u nrostate Health Health High Strength Formulation jj y Supports Prt»l»l» Function Promotes MesKtty L,.» Funcb0 Order now at www.eiessence:com;sg support the health of prostate. Helps men urinate smoothly! 100% Pure Natural Ingredients Your result may vary. Money68 words
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WORLD
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761 2012-01-09 19 Analysts lower Q4 earnings estimates, expect revenue growth for 2011 to be the worst since 1938 NYT [NEW YORK] For most Wall Street bankers, 2011 was a year they would rather forget. Investors will soon find out just how bad that yearNYT - 761 words
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Article, Illustration633 2012-01-09 19 Reuters [NEW YORK] Hedge fund manager John Paulson lost more than half of the capital in one of his firm’s biggest funds, people familiar with the number said on Friday. His Advantage Plus fund, which was the firm’s worst performer through 2011,Reuters; BLOOMBERG - 633 words
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480 2012-01-09 19 AFP [LONDON] British Prime Minister David Cameron has vowed to give shareholders the right to veto executives’ pay packages, amid mounting political pressure and public anger over huge salaries and bonuses. With Britons bracing themselves for a tough year amid aAFP - 480 words
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Article, Illustration283 2012-01-09 19 AP [ORLANDO, Florida] A one-cent copper coin from the earliest days of the US Mint in 1793 has sold for a record US$1.38 million at a Florida auction. James Halperin of Texas-based Heritage Auctions said on Saturday that the sale was “the most aAP - 283 words
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456 2012-01-09 19 Reuters [WASHINGTON] Whistleblowers earned more than US$532 million in 2011 through lawsuits alleging fraud against the US government, a record for such payouts, according to a law firm’s study. Private parties suing on the behalf of the government collected US$140Reuters - 456 words
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301 2012-01-09 19 Reuters [NEW YORK] The apocalyptic psychological drama Melancholia was named the year’s best film on Saturday by the National Society of Film Critics (NSFC), which chose its star Kirsten Dunst as best actress and Brad Pitt as best actor for theReuters - 301 words
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Article, Illustration647 2012-01-09 20 Record television ads expected as candidates go on air with commercials Reuters [NEW YORK] One winner in 2012’s US political races already has been decided: local television stations. Spending on TV advertising will probably mount to historic levels as candidates again blanket airwaves withReuters; AP - 647 words
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460 2012-01-09 20 This is an increase from US$290b five years earlier: IRS Bloomberg [WASHINGTON] The Internal Revenue Service (IRS) estimates that US companies and individuals failed to pay US$385 billion in taxes they owed in 2006, an increase from US$290 billion five yearsBloomberg - 460 words
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422 2012-01-09 20 AP [TOKYO] A Cabinet reshuffle in Japan is coming, and is likely to include the removal of a defence minister who outraged the public with gaffes about a rape by US servicemen. Prime Minister Yoshihiko Noda told reporters Sunday thatAP - 422 words
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395 2012-01-09 20 Reuters [WASHINGTON] US President Barack Obama will propose lifting a federal pay freeze in his upcoming budget plan to give government employees a 0.5 per cent salary rise, a White House official said. The increase, which would end a two-year freeze imposedReuters - 395 words
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Article, Illustration542 2012-01-09 21 UK’s move deepens confrontation with EU heavyweights France, Germany Reuters [LONDON] British Prime Minister David Cameron said for the first time yesterday he would veto a Europe-an-wide financial transaction tax unless it was imposed globally, deepening a confrontation with European Union (EU) heavyweightsReuters - 542 words
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Article, Illustration719 2012-01-09 21 GOP hopefuls meet for one last round before first primary AP [CONCORD, New Hampshire] Mitt Romney’s rivals failed to bruise the frontrunner for Republican presidential nominee in New Hampshire after he largely brushed aside their criticism in the opening round of aAP - 719 words
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231 2012-01-09 21 It questions Athens’ ability to clean up public finances Reuters [BERLIN] The International Monetary Fund (IMF) is losing confidence in Greece’s ability to clean up its public finances and work off its mountain of debt, German magazine Der Spiegel reported on Saturday. Citing anReuters - 231 words
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355 2012-01-09 21 Bloomberg [BRUSSELS] Belgium froze 1.3 billion euros (S$2.1 billion) in spending after the European Union (EU) warned that a weak-er-than-projected economy would push the deficit above the new government’s targets. “It’s a purely administrative suspension to give us time to conductBloomberg - 355 words
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445 2012-01-09 21 SEC to change policy on companies’ admission of guilt in securities fraud cases NYT [WASHINGTON] The Securities and Exchange Commission (SEC) is making a major change in how it settles some securities fraud cases, telling companies that they willNYT - 445 words
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361 2012-01-09 21 Reuters [TOKYO] Japan’s government is preparing to take control of Tokyo Electric Power Co (Tepco), operator of the crippled Fukushima nuclear power plant, by buying a majority stake in its common shares, Jiji News Agency said. The government may inject about US$13 billionReuters - 361 words
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Page 20 Advertisements
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Advertisement62 2012-01-09 20 THE SINGAPORE J n MJ >V I ■uVl I f 2 is due V Asian V 113,000 readers of The Weekly share what really works! u ft iidiK iff Love Career Wealth Your 2012 Horoscope Guide truelifeconfession "1 craved sex all the time i MAKE MORE SPACE AT HOME Fast62 words
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Advertisement36 2012-01-09 20 Over 18,000 downloads! S\3 iodi BEST m MARRIED MBS! weekdays ficm ('.hi 11 a nniiJ PLRMInE: Jennifer Lopez On The Floor DOWNLOAD IT FREE AT RADI09I3.COM NOW! •os of 17th Oct 2011 9UFM TODAY'S BEST MUSIC36 words
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AVIATION/SHIPPING
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Article, Illustration805 2012-01-09 22 Deliveries up 3% in 2011, but market share lowest in 40 years of rivalry Reuters [WASHINGTON] Boeing lost the 2011 order race by a wide margin and lagged its archrival Airbus on deliveries for the ninth year in aReuters; AFP - 805 words
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524 2012-01-09 22 Reuters [LONDON] The Baltic Exchange’s main sea freight index, which tracks rates to ship dry commodities, fell to its lowest in nearly five months as a slump in cargo trade and a growing vessel surplus took their toll. The overallReuters - 524 words
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Article263 2012-01-09 22 SGX '000 Jan 6 S$ +/-Vol CH Offshore 0.34 -0.01 35 Chuan Hup Hldg 0.21 0.01 131 Cosco Corp 0.93 0.01 6202 S$ Ezra Hldgs 0.89 0.01 3608 First Ship Lea 0.29 -0.01 6 Freight Links 0.06 unch 165 Grand Banks unch unch 0 Jaya Hold Ltd 0.46263 words
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286 2012-01-09 22 Reuters [MUMBAI] India’s Civil Aviation Ministry is likely to drop its opposition to higher investment by foreign airlines in the sector and agree to let them hold up to 49 per cent in domestic carriers, the Economic Times reported, citing an unidentified ministryReuters - 286 words
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364 2012-01-09 22 Deal could fetch up to US$7.5b; decision expected this week Reuters [HONG KONG] China Development Bank (CDB) and Japan’s Sumitomo Mitsui Financial Group (SMFG) are slugging it out in the final days of an auction for Royal Bank of Scotland’s (RBS) aircraft leasingReuters - 364 words
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359 2012-01-09 22 Bloomberg [LONDON] Hong Kong Airlines Ltd, backed by China’s HNA Group, expects to hold a US$300 million initial public offering in the third quarter of the year as it adds planes to challenge Cathay Pacific Airways Ltd. The carrier will beBloomberg - 359 words
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Page 22 Advertisements
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Advertisement18 2012-01-09 22 Brand Your Assets Call 1800 289 8822 or e-mail notices@sph.com.sg to publicise your Financial Statements BEATS >0* NOTICES18 words
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Page 22 Miscellaneous
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Miscellaneous290 2012-01-09 22 CRYPTIC CROSSWORD Across 1 Celebrity spy trial one triggered (11) 9 Certainly not like Thomas (9) 10 Weird how mill-race ends in the lake (5) 11 Small number may get lift or fall asleep (3,3) 12 Carefully select a manual digging implement (4-4) 13 Sally alters image of Tories (6)290 words
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DINING OUT
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Article, Illustration687 2012-01-09 23 Debbie Yong - NEW RESTAURANT Brasserie Gavroche 66 Tras Street Tel: 6225-8266 Rating: By Debbie Yong IN an age when even French chefs are eschewing heavy traditional cooking of yore in favour of lighter flavours and healthy portions, a chef who proudly announces that he is showcasing his grandfather’s old687 words
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Article, Illustration670 2012-01-09 23 Cheah Ui-Hoon - NEW RESTAURANT Xiao La Jiao 112 East Coast Road, #03-05, 112 Katong Tel: 6636-3736 By Cheah Ui-Hoon Open daily from 12.30pm to 9.30pm THE “small chilli” or Xiao La Jiao is a catchy name for this new restaurant at the refurbished 112 Katong mall670 words
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Page 23 Advertisements
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Advertisement299 2012-01-09 23 THE DRAGON SPRINGS TO LIFE The Dragon Year brings five fortuitous dishes to the Spring repertoire of ‘Plates of Pleasure’, inspired by traditional Lunar New Year favourites. Enjoy unlimited servings of these ‘Plates of Treasures’ such as Hokkaido Scallops and US Angus Beef, in addition to a hearty r buffet299 words
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SINGAPORE STOCKS
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Article1461 2012-01-09 24 Week ended: Jan 6 52-wks Last Vol Week Last Quote Div GrYld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Company Last Sale Vol ('000) Week Last Quote High Low Buyer Seller Div GrYld Cvr Net P/E M Cap $mil 211,461 words
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Article221 2012-01-09 25 52-wks Last Vol Week Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Last 1 0.2 t Advanced System 0.3 unch 76 0.3 0.3 0.2 0.4 10 5 Vol Week Last Quote Div Gr Yld Net M221 words
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Article115 2012-01-09 25 Stock name Close Change Stock name Close Change Stock name Close Change CapMallsAsia 1.155 -0.015 CapitaLand 2.280 CapitaMall 1.760 +0.035 CityDev 9.070 -0.040 ComfortDelGro 1.430 -0.020 DBS Grp 11.860 +0.060 F&N 6.350 +0.070 GLP 1.800 +0.015 Genting SP 1.565 +0.035 Golden Agri 0.735 HK Land 4.900115 words
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Article2236 2012-01-09 25 Transaction date: Jan 6 HONG KONG Vol HK$ +/-'000 Aeon Credit 5.65 unch 0 Aeon Stores 18.00 unch 0 Angang Steel 5.44 -0.25 ***** Anhui Conch 21.05 -1.10 ***** Anhuiexpresswa 4.36 0.03 1519 Asia Satellite 16.10 0.36 17 Asm Pacific 88.65 -1.95 339 Bank Of E Asia 28.252,236 words
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Article260 2012-01-09 25 52-Wk Last Vol Week Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 55.5 34 AVJennings A35.5 +0.5 14 35.5 35.5 36 37.5 3.6 9.9 2.8 92.4 49 25.5 Genting HK US$ US30.5 +4 ***** 31 27 30 30.5 2008.3260 words
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Article186 2012-01-09 25 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 9 6 2 0 0 0 9 6 2 Manufacturing 98 49 28 8 9 9 106 58 37 Commerce 40 12 19 6 5 2 46 17 21 Tpt/Stor/Comms 29 9 7186 words
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Article1021 2012-01-09 25 52-Wk Last Vol Week Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 130 109.5 ABF SG Bond ETF 118 +1.5 25 118 116.6 116.6 117.5 538.6 1261 856 CIMBAsean40 100US$ US966 +10 18 969 960 963 968 38.61,021 words
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Article121 2012-01-09 25 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 62,171 62,171 199,798 199,798 Manufacturing 672,581 45,207 717,788 490,111 1,069 491,180 Commerce 444,979 20,783 465,762 400,154 2,245 402,399 Tpt/Stor/Comms 379,406 91,607 471,013 551,293 11,831 563,124 Finance 40,225 40,225 340,121 340,121 Construction 95,390 56,244 151,634 25,040121 words
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Page 25 Advertisements
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Advertisement26 2012-01-09 25 Insiders' trades. Brokers' recommendations. Dividend table. The pages also cover transactions by directors and substantial shareholders. In other words, news you can use. THE BUSINESS TIMES26 words
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FINANCE & COMMODITIES
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373 2012-01-09 26 In local curr In S$ In US$ dy yr dy yr dy yr Jan 6 Index Change Change Change Change Change Change World Preliminary 841.4 -0.2 1.4 -0.3 0.7 -0.3 0.9 EAFE Preliminary 686.9 -0.3 0.7 -0.7 -0.6 -0.7 -0.4 Europe Preliminary 1034.1 0.0 0.7373 words
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Article77 2012-01-09 26 CRUDE OIL PRODUCTS Jan 5 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 113.52 0.80 WTI (Near Mth) 101.84 -1.41 Dubai (1-Mth F) 109.75 2.03 Tapis blend 121.96 1.77 Minas 119.96 2.27 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 103.89 1.89 Jet Kerosene 127.45 1.40 US$/barrel Opec Oil77 words
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Article, Illustration114 2012-01-09 26 As on 06 January 2012 www.smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE VOL (in Lots) PRECIOUS METALS GOLD FUT FEB2012 1631.70 1616.10 1616.90 351 CURRENCY AUD-USD FUT MAR2012 1.0188 1.0119 1.0145 3534 EUR-USD FUT MAR2012 1.2818 1.2707 1.2726 5085 USD-JPY FUT MAR2012 77.25 76.85 76.99 3499 BASE METAL114 words
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Article154 2012-01-09 26 Jan 6 SICOM RUBBER Futures (Closing prices) RSS 3(US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Feb 12 334.1 257 Mar 12 338.0 324 Apr 12 340.5 175 May 12 342.0 250 Jun 12 342.0 212 Jul 12 342.2 128 Aug 12 341.5 96 Sep154 words
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Article65 2012-01-09 26 Jan 6 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 2046.75 2014.00 3 months 2069.00 2036.00 Copper, Grade A(US$/tonne) Cash 7569.25 7528.00 3 months 7580.00 7540.00 Lead(US$/tonne) Cash 1934.25 1983.50 3 months 1959.00 2005.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00 3 months65 words
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Article107 2012-01-09 26 Jan 6 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jan 12 1189.50 1201.25 1209.00 1188.25 Mar 12 1196.50 1209.00 1219.75 1193.50 May 12 1206.00 1218.75 1229.50 1203.25 Jul 12 1214.50 1227.50 1238.00 1212.00 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Jan 12 50.80107 words
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Article79 2012-01-09 26 Jan 6 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****W 05-Apr-12 0.36 1-Year BY*****W 01-Nov-12 0.36 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year NX*****Z 2.250 01-Jul-13 102.9 102.93 102.91 5-Year N*****0W 1.125 01-Apr-16 102.38 102.45 102.4579 words
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Article445 2012-01-09 26 Jan 6 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Mar12 99.3750 0 2710 Jun12 99.3050 0 6901 Sep12 99.2800 0 861 Dec12 99.2600 0 529 EUROYEN TIBOR FUTURES Mar12 99.6550 0 1949 Jun12 99.6575 0 1440 Sep12 99.6525 0 711 Dec12 99.6575 0 115 Mar13 99.6500445 words
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Article82 2012-01-09 26 Jan 6 COCOA (£/tonne) Close Prev High/Low Mar 12 1335 1332 1353/1321 May 12 1354 1351 1368/1339 Jul 12 1370 1368 1385/1356 Sep 12 1386 1383 1393/1373 COFFEE(US$/tonne) Close Prev High/Low Jan 12 1704 1758 1750/1707 Mar 12 1720 1774 1772/1717 May 12 1752 1805 1805/1749 Jul 12 178182 words
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393 2012-01-09 26 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 2 1 150 61 47.25 28 C000) Conv Ratio Baker Technology Ltd W*****6 3.8 1 32 40 6.71 10 Price Prem Disc Gearing Expiry Mths Left Asia-Pacific Strategic393 words
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Article470 2012-01-09 26 Jan 6 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.044 6.463 0.801 7.951 54.059 93.836 0.790 11.906 3.228 1.312 92.786 45.198 1.326 8.366 0.977 30.954 32.405 0.660 1.024 Canada 0.958 6.193470 words
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Article80 2012-01-09 26 Jan 6 |Uil| I mill M*?«j njitfn mlht n.uti 1 itnw 3 tti|li| Ij.t/)i3j ci aw>i.i mil* 8*1117 D4SMI mil" 0 W»1»0 i 1. tjJ I' 3 >tH> SWAP OClw ralci ISSJ n jvn»r. i mttir pilSJil 3 mill 1 fl5«8£i ll nwii o sn*»iii y rrc/., d iii80 words
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Article144 2012-01-09 26 Jan 6 GOLD(US$/oz) Jan 06 Jan 05 Hong Kong 1631.00 1623.20 Jan 05 Jan 05 Jan 06 London 1605.00 1620.60 1605.75 1621.80 Source: Thomson Reuters Source: Thomson Reuters CAST BAR Jan 06 (S$) Selling Buying Kilobar 72,409 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 162 67 5gm144 words
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Article55 2012-01-09 26 Jan 6 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Jan 12 3185.0 3216.0 3205.0 3185.0 57 244 Feb 12 3187.0 3216.0 3218.0 3185.0 998 ***** Mar 12 3176.0 3211.0 3215.0 3176.0 ***** ***** Apr 12 3175.0 3204.055 words
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Article22 2012-01-09 26 Jan 6 w ■l<_ J0k_ VrciBnui I2SSJ j.BEi •inwittn t »SlL |,J»f 1 v*» I^W ifccnrtntM kn- Source: OCBC22 words
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Article21 2012-01-09 26 Jan 6 iipgr t»yh i£it_ Ml Ain 30?.0 30*5 30" T hihii l«i i 35= 357 25" Source:21 words
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Article154 2012-01-09 26 Jan 6 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.3259 1.3265 1.0238 1.0239 Canadian dollar 1.2705 1.2712 0.9810 0.9813 Euro 1.6547 1.6554 1.2777 1.2778 NZ dollar 1.0098 1.0114 0.7797 0.7807 Sterling pound 2.0082 2.0091 1.5506 1.5508154 words
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Article127 2012-01-09 26 As at 9am Jan 6 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.355 1.291 Can dollar 1.291 1.242 Euro 1.683 1.619 Sterling pound 2.04 1.962 NZ dollar 1.037 0.988 US dollar 1.312 1.262 Local dollars to 100 units of foreign127 words
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Article160 2012-01-09 26 Jan 6 $S Offer Bid 0vernight 0.02 0.01 1-month 5/16 3/16 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.12 US$ Offer Bid 7 days 0.30 0.20 1 month 0.45 0.25 2 months 0.60 0.40 3 months 0.75 0.55 6 months 1.00 0.80 9 months 1.15 0.95 12160 words
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Page 27 Advertisements
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Advertisement1231 2012-01-09 27 The Business Times Shipping times n BALISA SHIPPING TRADING PTE LTD 8 Shenton Way, #40-03A, Singapore *****1 Tel: 6345 5700 Fax: 6345 5227 Email: singapore@balisagp.com UEN NO. *****3249E UK CONTINENT SERVICE U.S.A. SERVICE Email: singapore@balisagp.com Destination STXPO TBN Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Antwerp/UK Destination STXPO TBN1,231 words
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Advertisement1411 2012-01-09 27 WAN HAI INTERNATIONAL PTE LTD UEN: *****4695M TEL: *****588 (14 LINES) FAX: *****163 PKL TEL: (03) *****588 FAX: (03) *****566 PEN TEL: (04) *****00 FAX: (04) *****99 JOH TEL: (07) *****23 FAX: (07) *****21 SUR TEL: (031) *****75 FAX: (031) *****14/*****05 JKT TEL: (021) *****88 FAX: (021) *****88 PLM TEL:1,411 words
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Page 28 Advertisements
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Advertisement875 2012-01-09 28 Shipping Times HDS LINES THE SHORTEST TRANSIT TO PERSIAN GULF CONTAINERS SERVICE TO TANZANIA, KENYA, MIDDLE EAST, IRAN, PERSIAN GULF, IRAQ, CIS, INDIA PAKISTAN HDM SPL Approx transit time ex-Singapore 8 D 9 D 14 D VESSEL~ VOY SIN~ PKG~ JEA~ BND~ BIK ALVA~ HDM 0115S 17 Jan 18 Jan~875 words
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Advertisement694 2012-01-09 28 EASTERN CAR LINER, LTD SPECIALIZE IN RORO HEAVY LIFT INTRA-ASIA SERVICE VOY~ Ramp(KT)~ Lifting(KT)~ MUA~ SIN~ PKL~ KUC~ KK~ JKT PACIFIC LOHAS 36 60 09/01 10/01 13/01 GENIUS STAR 57 45 60 09/01 11/01 MALAYSIA STAR 8 50 08/01 11/01 12/01 15/01 17/01 POSITIVE STAR 68 100 17/01 19/01 SEA694 words
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Advertisement451 2012-01-09 28 FOONG SUN SHIPPING (PTE) LTD INDONESIA SUMATRA PORTS VESSEL VOY ETA ETD DESTINATION INARAN 01/12 11/01 13/01 BELITUNG/PKL BALAM VICTORY 6 01/12 10/01 12/01 JAMBI/PEKAN BARU SUN FLORA 02/12 12/01 14/01 PALEMBANG/PANJANG BERJAYA II 01/12 11/01 13/01 BENGKULU/PADANG SIANIRI 02/12 12/01 14/01 BELAWAN/LHOKSEUMAWE SINOPA 01/12 16/01 18/01 SABANG/MALAHAYATI INDONESIA JAVA451 words
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Advertisement26 2012-01-09 29 GRAB YOUR JANUARY ISSUE NOW! INTHISISSUE: THENEWSINGAPORE SOCCERDREAMTEAM •ExclusiveinterviewswithFandiAhmad, LimTongHaiandDavidLee• MENSHEALTH.COM.SG BESTDIGITALMEDIAOFTHEYEAR* *No. 1 in Marketing Magazine’s 2011 Digital Media of the Year rankings, Men’s category.26 words
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BizIT
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Article, Illustration872 2012-01-09 29 VICTORIA HO - The shabby service at many stores makes buying a new device an unhappy experience for customers <viewIT> VICTORIA HO Reporter THE topic of buying a mobile device in Singapore came up in conversation recently. While some folks were split on which of the three872 words
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Article, Illustration740 2012-01-09 29 Bloomberg [SAN FRANCISCO] As president of eBay Inc’s PayPal unit, Scott Thompson used an eye for detail and a push into mobile payments to more than double revenue and boost the user base to more than 100 million. He’ll face a biggerBloomberg; AP - 740 words
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269 2012-01-09 29 AP [SAN FRANCISCO] Yahoo dangled a US$27 million pay package to lure its newly hired CEO Scott Thompson away from PayPal. The struggling Internet company disclosed the details of Mr Thompson’s compensation in a regulatory filing late Friday. Mr Thompson startsAP - 269 words
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Article, Illustration663 2012-01-09 29 Bloomberg [SAN FRANCISCO] Steve Jobs, the co-founder of Apple Inc, told his biographer that he’d rather wage “thermonuclear war” with Google Inc than make deals to share its technology with the maker of the Android operating system. That was no empty threat. InBloomberg - 663 words
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<what's up>
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Article44 2012-01-09 29 HP has announced its first 27” all-in-one PC, called the HP Omni27. It is available in a number of different configurations, offering multi-core processors and up to 2TB of storage. Pricing to be available when it debuts here next month.44 words
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Article71 2012-01-09 29 SONY has released its new XQD flash memory cards. The new format is licensed and approved by the CompactFlash Association, and represents a new crop of cards that aim to keep up with high-end devices such as digital SLRs, which need to write and read data71 words
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39 2012-01-09 29 313 Somerset released a free iPhone app to lure shoppers to a virtual treasure hunt in the mall, using augmented reality. The mall’s owners are dangling prizes and promotions worth $200,000 to treasure-hunters.39 words
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56 2012-01-09 29 VICTORIA HO - Compiled by VICTORIA HO SAMSUNG’S recently announced Galaxy W and Omnia W smartphones and Galaxy Tab 7.0 Plus devices were available to customers over the weekend. The Galaxy W ($498) and Galaxy Tab 7.0 Plus ($768) are Android-based devices, while the Omnia W ($498)56 words
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Article, Illustration797 2012-01-09 30 AMIT ROY CHOUDHURY - Frost report shows that network optimisation is key to scalable cloud architecture, writesAMIT ROY CHOUDHURY AMIT ROY CHOUDHURY WHILE cloud computing has emerged as a key area of focus in the Asia-Pa-cific region, the underlying networking infrastructure which is a prerequisite has not kept pace797 words
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Article, Illustration475 2012-01-09 30 VICTORIA HO - By VICTORIA HO [SINGAPORE] The Republic will be represented by 10 local successful electronics makers at the upcoming International Consumer Electronics Show (CES) in Las Vegas. The 10 will be going as a delegation under an effort by government agency International Enterprise (IE)475 words
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Article, Illustration456 2012-01-09 30 Reuters [HELSINKI] Struggling phone maker Nokia basked in brightening prospects for its much-hyped Windows phone last Thursday as it prepared to strengthen the hand of new boss Stephen Elop by replacing its old-guard chairman. Shares in the Finnish company, which has been losingReuters; REUTERS - 456 words
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Article911 2012-01-09 30 SHUM MEW TOONG - Poor user experience can drive them away from websites <you say> By SHUM MEW TOONG The author is Asean MD at Compuware SINGAPORE Airlines in May rolled out its new website, touted to be an improved version of the existing site, with a single payment911 words
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