The Business Times, 27 August 2012

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Total Pages: 32
1 32 The Business Times
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  • Title Section
    Lock icon Masthead
    25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg Sp!l A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MICA (P) 074/08/2012 Monday, August 27, 2012
    25 words
  • Article, Illustration
    Lock icon Towards a bigger heart, a better future
    894 1  -  PM Lee addresses diverse pressing issues and longer-term challenges By LEE U-WEN [SINGAPORE] The Singapore of tomorrow must always offer hope of a better future, have a bigger heart than the present and be the best home that it can be for all,
    894 words
  • MARKETS DIGEST
    • Article
      Lock icon MARKETS
      57 1 Weekly Change ST INDEX 3,050.49 -11.62 KL COMP 1,648.22 -1.57 NIKKEI 225 9,070.76 -91.74 HANG SENG 19,880.00 -236.00 SET INDEX 1,237.19 +13.28 JAKARTA COMP 4,145.40 -15.11 MANILA COMP 5,143.35 -63.46 SEOUL COMP 1,919.81 -26.7 SHENZHEN B 582.97 +0.91 MUMBAI IND 17,783.20 +92.20 DOW 13,157.97 -117.23 NASDAQ 3,069.79 -6.80 S&P
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    • Article
      Lock icon PRIME RATES
      18 1 SINGAPORE MALAYSIA HONG KONG 5.38 6.55 5.00 INDONESIA 0.50 TAIWAN 5.036 JAPAN 1.475 KOREA Source: Bloomberg
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    • Article
      Lock icon FOREX
      49 1 us$ s$ US$ (S$ per US$) 1.251 (US$/S$ per 1.584 1.982 EURO (US$/S$/E) 1.254 1.568 Foreign currency per US$ S$ YEN 78.70 62.90 RM 3.102 2.479 HK$ 7.756 6.199 BAHT 31.25 24.98 RUPIAH 9,510 7,601 RENMINBI 6.357 5.081 INDIAN RUPEE 55.40 44.28 A$ 0.962 0.769 NZ$ 1.234 0.987
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  • Article, Illustration
    Lock icon Big win for Apple but not end of war
    807 1  -  Verdict may scare off new entrants into the market COMMENTARY AMIT ROY CHOUDHURY Technology Editor THERE are several ways to look at Apple’s resounding win in a court in its home state of California against arch-rival Samsung, whom it has accused
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      249 1 YOUNG INVESTORS’ FORUM Dream and transform your way to success PAGE 12 BizIT T-Systems looks to double revenue inS’pore page 32 DINING OUT Dependable classics from mamma’s cucina PAGE 24 VIEWS FROM THE TOP Promoting a healthy and active lifestyle PAGES 10-11 BT WEBSITES For breaking news, go to businesstimes.com.sg.
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  • TOP STORIES
    • Article
      Lock icon Taxes to go up as social spending increases: PM Lee
      592 2  -  He also urges Singaporeans to develop a sense of mutual responsibility NATIONAL DAY RALLY By MALMINDERJIT SINGH [SINGAPORE] Taxes in Singapore will inevitably increase within the next 20 years as the government steps up social spending to build an inclusive
      592 words
    • Article, Illustration
      Lock icon More S’poreans to join university as govt recognises SIT and UniSIM
      812 2  -  New stat board to improve quality of pre-school education By MALMINDERJIT SINGH [SINGAPORE] Every two in five Singaporeans in each cohort will go to university by 2020, as Prime Minister Lee Hsien Loong yesterday announced the recognition of two
      FILE PHOTOS  -  812 words
    • Article, Illustration
      Lock icon Sharing the spotlight with PM Lee
      526 2  -  By LEE U-WEN [SINGAPORE] In an unusual change of format, the Prime Minister shared the spotlight at his annual National Day Rally with other ministers. Yesterday, three members of Mr Lee Hsien Loong’s Cabinet used the high-profile occasion to galvanise the country as they
      ALPHONSUS CHERN/THE STRAITS TIMES  -  526 words
    • Article
      Lock icon Market, tired of eurozone crisis, set to stage a rally
      873 2  -  Apart from key economic data, investors will also be looking to Bernanke speech on clues to QE3 WALL STREET INSIGHT By ROB CURRAN US STOCKS slipped last week but are still perched near four-year highs, and momentum may carry them
      873 words
    • Article
      Lock icon THREE-MINUTE DIGEST
      579 3 Towards a bigger heart, a better future THE Singapore of tomorrow must always offer hope of a better future, have a bigger heart than the present and be the best home that it can be for all, said Prime Minister Lee Hsien Loong in his annual National Day
      579 words
    • Article, Illustration
      Lock icon Local firms help S’pore’s investments soar in Africa
      687 3  -  Many firms looking to diversify their investments and assets: IE Singapore By LEE U-WEN [SINGAPORE] For almost a decade now, Kheng Keng Auto has exported more than 6,300 used vehicles from Singapore all the way to different parts of Africa. The decision
      687 words
    • Article
      Lock icon DB Platinum
      18 3 Branchen Stars R1C-A 20/08/2012 151,40 EUR 1 db X-MACRO Trading Index Fund I4D 16/08/2012 93,29 GBP
      18 words
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      150 3 A3 Si i SR P si fi v A m PI -v* 5 i®, i X awaHBicR*5« t E Class M r Introducing the E-Class with AMG bodystyling. Exemplary performance, wrapped in AMG style. 1,000 Days Free COE The Mercedes-Benz E-Class takes on an even more dynamic character with AMG
      150 words
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      148 4 GRAND ARRIVAL The newly opened Grand Hyatt Kuala Lumpur welcomes you to experience a world of charming Malaysian hospitality. With 370 guestrooms and 42 suites offering comfort and exclusivity, experience a lifestyle destination located within Kuala Lumpur City Centre. Savour tantalizing cuisines from the vibrant show kitchens of THIRTY8, JP
      148 words
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  • COMPANY NEWS
    • Article
      Lock icon COMPANY MEETINGS
      140 5 COMPANY MEETING PLACE DATE TIME Freight Links A 51 Penjuru Road #04-00 Freight Links Express Logisticentre 27-Aug 9.30am Novo Grp A RELC Intl Hotel Tanglin 2 Level 1 30 Orange Grove Road 27-Aug 9.30am XMH Holdings A Warren Golf Country Club E 81 Choa Chu Kang Way 28-Aug
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    • Article
      Lock icon PRIME LENDING RATES
      282 5 Aug 24 BANKS Agricultural Bank Of China 5.5 Agricultural Bank Of China Bangkok Bank Public Co. Ltd 6 ANZ Singapore Bank of China Limited 5.5 Bank of Communications 5.5 6 Bank of America NA Bank of New Zealand 6.25 Bank of China Limited 5.5 Bank of Tokyo-Mitsubishi
      282 words
    • Article, Illustration
      Lock icon MSCI S’pore not lagging behind MSCI Asia ex-Japan
      848 5  -  Currency effect sets in, but MSCI S’pore could do better: Credit Suisse By LEE MEIXIAN DON’T be fooled by MSCI Singapore earnings that have for more than a decade lagged behind MSCI Asia excluding Japan (NJA), Credit Suisse analysts said in a
      AFP  -  848 words
    • Article
      Lock icon Ocean Sky, Sinway Investment terminate their MOU
      166 5 OCEAN Sky International has ditched a reverse takeover deal after it terminated a memorandum of understanding (MOU) entered with Sinway Investment over the proposed acquisition of ChiwayLand Group. The MOU also covered the proposed disposal of its existing business to its directors, Ang
      166 words
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      439 5 PEOPLE STRATEGIES FOR ASIA-Harnessing Change, Managing Complexity Insights for tomorrow’s business challenges BOOK NOW! GROUP DISCOUNTS AVAILABLE The need for organisations to focus on leadership and human capital strategies is more vital than ever in these uncertain economic times. The Singapore Human Capital Summit on 19-20 September provides unique Pan-Asian
      439 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Situational stocks in play, but STI wobbly
      649 6  -  STOCKS VEN SREENIVASAN Senior Correspondent MARKETS gyrated all week as players sec-ond-guessed the prospect of the US Federal Reserve doling out several hundred billion dollars to boost economic activity in what has commonly become known as QE3 (or the third quantitative easing). After
      649 words
    • Article
      Lock icon Asian units advance on signs of fresh efforts to revive growth
      546 6 CURRENCIES Bloomberg [SEOUL] Asian currencies gained last week on signs policy makers in Europe and the US will increase efforts to revive growth, boosting fund flows into emerging-market assets. Many US policy makers favoured a new large-scale asset-purchase programme
      Bloomberg  -  546 words
    • Article
      Lock icon Metals, oil prices rally on stimulus hopes
      580 6 COMMODITIES AFP [LONDON] Metals and oil prices rallied last week on hopes of fresh economic stimulus from commodi-ties-hungry China and the United States to boost the global economy, as fears about the eurozone lingered. Policy makers at the US Federal Reserve are leaning
      AFP  -  580 words
    • Article
      Lock icon BROKERS’ RECOMMENDATIONS
      1545 6 Consensus No. of Forecast Mean Fri’s recommendation esti-EPS PE target price Company name This wk Last mth mates (cents) (ratio) price AIMS AMP Capital Industrial REIT 2.00 2.00 2 10.00 13.00 1.42 1.30 Amtek Engineering Ltd 1.67 1.67 6 0.09 5.89 0.88 0.63 ARA Asset Management 1.38 1.38
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    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 6 WEEKLY
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    • Article
      Lock icon OTHER SINGAPORE INDICES
      66 6 Aug 24 VALUE CLOSE BT OB/OS 122.00 +66.00 BT CADI -*****.00 -43.00 BT 10-day MA -*****.00 +12.00 FTSE ST Mid Cap 710.56 -0.16 FTSE ST Small Cap 466.50 -1.26 FTSE ST All Share 738.88 -1.25 FTSE ST China Top 201.58 -1.60 FTSE ST China 220.20 -1.42 FTSE
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    • Article
      Lock icon MOST ACTIVE STOCKS
      61 6 VOLUME GSH Corp 371,657,000 Golden Agri 294,274,000 HLH Grp 179,041,000 Genting SP 174,363,000 Noble Grp 152,698,000 M Devt 130,282,000 Lereno 128,507,000 Gems TV 120,617,000 Annica 117,255,000 TT Intl 115,727,000 VALUE($) Asia Pac Brew 503,547,970 F&N 457,477,350 Genting SP 238,734,655 SingTel 212,393,580 Golden Agri 211,264,884 Noble Grp 191,011,150
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    • Article
      Lock icon RISES
      109 6 BY CENTS CLOSE UP DBXT AUDCS 5US$ *****1759.0 7.1 DBXT iBoxxSvEu 5US$ *****1358.7 5.0 DBXT AUDCS 5SG$ *****1094.0 4.3 GLD 10US$ ***** 600.5 3.1 STXPO 100 422 262.5 164.6 Asia Pac Brew 5300 243.0 4.8 JMH 5485 150.1 2.2 DBXT E50 10US$ 3648 115.1 2.6 DBXT Nifty 10US$ 9952
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    • Article
      Lock icon FALLS
      124 6 BY CENTS CLOSE DOWN DBXT FTVietnam 10US$ 2152 -244.0 -8.3 Jardine C&C 4720 -203.0 -4.1 DBXT iBoxxUSTr 5US$ ***** -152.6 -0.6 DBXT iBoxxSing 5SG$ ***** -130.0 -1.0 DBXT MSKorea 10US$ 5561 -128.9 -1.8 Hyflux 6% CPS 10 ***** -74.0 -0.7 DBXT MSINDO 10us$ 1475 -30.0 -1.6 UOB 1968 -30.0
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    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 6 WEEKLY
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      129 7 A Our efforts for sustainability have returned an unexpected dividend. YTL Corporation is honoured to receive the Singapore Environmental Achievement Award (Regional). As stewards of our good earth, we’re determined to make a difference. Finding new ways to reduce emissions. Employing efficient methods to conserve our planet’s resources. Inspiring our
      129 words
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon Big on quality, small on price
      1666 8  -  People and teamwork are the bedrock of CSE Global’s success, growing from a tiny local outfit into a global player, writes MANO SABNANI COMPANY INSIGHT MANO SABNANI Mano Sabnani, a veteran writer/editor, value investor and corporate advisor, wrote this piece based on a case
      1,666 words
    • Article
      Lock icon Sentiment turns with surge in directors’ sales
      1987 8  -  INSIDE MARKETS By ROBERT HALILI The writer is managing director, Asia Insider Ltd THE buying plunged while the selling among directors surged based on filings on the Exchange from Aug 20 to 24. A total of 7 companies recorded 13 purchases worth $1.89
      1,987 words
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  • SINGAPORE NEWS
    • Article
      Lock icon DIVIDENDS ANNOUNCED
      1611 9 Payment Ex Books Pay Ann (cts) date close date date ABR Holdings be 30.000 17-Aug 22-Aug 07-Sep 14-Aug AIMS AMP CapInd REIT ag 2.500 30-Jul 01-Aug 18-Sep 19-Jul ARA Asset Mgtm aw 2.300 24-Aug 28-Aug 11-Sep 13-Aug Ascendas REIT ES ad 0.030 23-Jul 25-Jul 28-Aug 18-Jul Ascendas REIT
      1,611 words
    • Article
      Lock icon When minorities oppose delisting
      745 9 How resolving business disputes can be done in a less public way ASK QUESTION: We are a public listed company incorporated in Singapore that has just announced our plans to delist from the Singapore Exchange (SGX). However, some minority shareholders are not in favour of the
      745 words
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      287 9 I advance in my career with strategic moves. It’s my choice. i Like time, learning never stops. At Kaplan, we find ways for you to reinvent yourself. With renowned UK university partners, we help students to achieve academic and career success at all levels. University of null Amongst the top
      287 words
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      256 9 HAVE a pressing question about a corporate-law-related issue that your company is facing? Lawyers from Stamford Law will provide their expert advice and answers to your queries on a weekly basis. All you need to do is send us an e-mail with your query at btnews@sph.com.sg and include particulars such
      256 words
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  • VIEWS FROM THE TOP
    • Article, Illustration
      Lock icon Promoting a healthy and active lifestyle
      3585 10 THIS WEEK’S TOPIC: What have Singaporeans, and the Singapore authorities, got right in the area of healthy living? What is still lacking and what more should be done? Lim Soon Hock Managing Director PLAN-B ICAG Pte Ltd SINGAPORE had the foresight, under our first
      FILE PHOTO  -  3,585 words
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      89 11 IG MARKETS Thousands of global markets at your fingertips Access a huge range of markets, 24 hours a day, from one account. Trade on share CFDs, forex, commodities and stock indices including Wall Street and Germany 30. Visit the World's No.1 CFD provider at igmarkets.com.sg or call 6390 5118 CFD
      89 words
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  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • Article, Illustration
      Lock icon Dream, transform your way to success
      867 12  -  It’s not all about business plans and spreadsheets and getting to the next goal. The picture of real success is at least partly in your mind, says GRACE SEGRAN GRACE SEGRAN Business schools give you the tools financial literacy, management and economic theory, marketing
      LUDWIG ILIO  -  867 words
    • Article, Illustration
      Lock icon Under certain circumstances
      1144 12  -  SMU finance student Randolph Leow likes certainty, so he is not one to take on much risk, reports TOH LI WEN reportsTOH reportsTOH LI WEN STARTING YOUNG RANDOLPH Leow’s stock investment philosophy reflects his personality. Not one to take on much risk, the 24-year-old Singapore Management University
      ARTHUR LEE  -  1,144 words
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      25 12 If you’re between the ages of 17 and 30 with an interesting investing or entrepreneurship story to tell, do email us at btyif@sph. com. sg
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      156 12 Get started now Be a young investor DO you aspire to be a successful young investor? Are you keen on taking the first step towards achieving that? The BT-Citibank Young Investors’ Forum is no typical page extracted from a financial textbook. This forum will present step-by-step guides on how to
      156 words
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  • MALAYSIA
    • Article, Illustration
      Lock icon PM Najib should not delay holding general election
      560 13  -  Outlook still promising but politicking not healthy MALAYSIA INSIGHT S JAYASANKARAN KL Correspondent DOMESTIC demand continues to be Malaysia’s growth story. Growth in the second quarter of 2012 surged by an astonishing 5.4 per cent from a year ago versus a revised
      560 words
    • Article
      Lock icon BURSA MALAYSIA
      1648 13 VOL Aug 24 RM +/-(‘000) A M Realty 0.50 unch 0 VOL Advance Synerg 0.16 unch 83 Adventa Bhd 1.81 -0.02 131 Ae Multi Hldgs 0.22 -0.02 135 Affin Holdings 3.52 -0.02 1380 Ahmad Zaki Res 0.69 unch 0 Airasia Bhd 3.51 -0.09 3741 Alliance Finan 4.25 -0.03
      1,648 words
    • Article
      Lock icon Malaysia reforms could aid Islamic banks in rural areas
      553 13 More growth likely but concerns about profitability may slow expansion Reuters [KUALA LUMPUR] Financial reforms in Malaysia could spur the growth of the country’s Islamic banks by giving them more opportunity to tap into rural areas, which have a greater proportion
      Reuters  -  553 words
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  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon China must promote steady export growth, says Wen
      848 14 Country needs to pay attention to problems in imports and exports: Premier Bloomberg [BEIJING] Premier Wen Jiabao said China needs targeted measures to promote steady export growth, which will help the nation meet its annual economic goals, the official Xinhua News Agency
      Bloomberg; REUTERS  -  848 words
    • Article
      Lock icon Slowing economy, new room supply hit Indian hotels hard
      526 14 Both room rates and occupancy expected to dip this year Xinhua [KOLKATA] The Indian hospitality industry seems to be facing gloomier times ahead. The average hotel room rates for 2012-13 are expected to fall 5 to 10 per cent and the
      Xinhua  -  526 words
    • Article
      Lock icon China orders inter-company debt probe to assess risk: report
      340 14 Bloomberg [BEIJING] China’s State Council ordered an investigation into the amount of debt that companies owe each other to assess the risk that this poses to the economy, the China Daily said, citing an official from the banking watchdog. Agencies including
      Bloomberg  -  340 words
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      853 14 WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices CO The BankofTokyo-Mitsubishi UFJ, Ltd. and Subsidiaries MUFG Head Office 7-1, Marunouchi 2-chome, Chiyoda-ku, Tokyo 100-8388, Japan. Singapore 9 Raffles Place, #01-01, Republic Plaza, Singapore *****9. CONSOLIDATED BALANCE SHEETS MARCH 31,2012 AND 2011 CONSOLIDATED STATEMENTS OF INCOME YEARS ENDED MARCH 31,2012 AND
      853 words
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      7622 15 VOLUNTARY CONDITIONAL OFFER by DBS BANK LTD. (Incorporated in the Republic of Singapore) (Company Registration No.: *****0306E) for and on behalf of FRENCKEN GROUP LIMITED (Incorporated in the Republic of Singapore) (Company Registration Number: *****5084D) to acquire all the issued and paid up ordinary shares in the capital of JUKEN
      7,622 words
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  • ECONOMY WATCH
    • Article
      Lock icon EU govts not practising what is declared
      1095 16 Economists cite the fiscal discipline treaty and bailout funds as notable examples LAT-WP [PARIS] Even before it goes into effect, the European Union’s much-touted fiscal discipline treaty is being violated routinely by key governments and has little chance of winning across-the-board compliance from
      LAT-WP  -  1,095 words
    • Article
      Lock icon Bernanke says there’s room for Fed to act further on economy
      595 16 He points out that bond purchases have aided recovery AP [WASHINGTON] Federal Reserve chairman Ben Bernanke says he thinks the Fed can do more to bolster the economic recovery and help reduce unemployment. In a letter to the House
      AP  -  595 words
    • Article, Illustration
      Lock icon Australian mining boom is not over yet, RBA chief and analysts say
      742 16 Delayed projects spark debate over mining expansion AFP [SYDNEY] Australian Resources Minister Martin Ferguson may have declared that the mining boom had passed, but the lucrative scramble to unearth the vast nation’s resources is not over yet, analysts
      AFP; BLOOMBERG  -  742 words
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      252 16 I CAN TRADE Many people trade in stocks but how many can enter a trade with confidence and achieve profits consistently? In an increasingly uncertain and volatile investment environment, picking the right stock, entering at the right level and having the discipline to walk away from an unprofitable trade are
      252 words
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      17 16 J Head to CATS FASTADS in The New Paper for education options! WAT3 BUY IT-SELL IT-FIND IT
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  • WORLD
    • Article
      Lock icon ECB bond buying likened to a drug
      616 17 Bundesbank chief wants to limit scope of central bank action Reuters [FRANKFURT] The head of Germany’s Bundesbank stepped up his opposition to the European Central Bank’s (ECB) latest moves to battle the eurozone’s debt crisis yesterday, saying that plans to buy bonds risked
      Reuters  -  616 words
    • Article, Illustration
      Lock icon Neil Armstrong, 1st man on moon, dies at 82
      461 17 Reuters [LONDON] US astronaut Neil Armstrong, who took a giant leap for mankind when he became the first person to walk on the moon, has died at the age of 82, his family said. Mr Armstrong died following complications from heart-bypass
      Reuters; AP  -  461 words
    • Article, Illustration
      Lock icon Portugal also may seek breathing space
      462 17 Govt may miss this year’s deficit target of 4.5%: analysts AFP [LISBON] Dwindling tax revenues brought on by record joblessness and deep recession will force Portugal to seek breathing space, much like Greece has, on commitments to EU-IMF creditors, analysts say. In data published
      AFP; REUTERS  -  462 words
    • Article
      Lock icon LNG set to challenge oil, coal dominance
      484 17 Reuters [LONDON] Liquefied natural gas (LNG) is now the fastest-growing fuel in the world and spurred by new discoveries is set to challenge decadesold monopolies of traditional oil and gas powers in the Middle East or Europe. Finds in East Africa and Australia
      Reuters  -  484 words
    • Article, Illustration
      Lock icon Noble poised for push into metals, hires two top traders
      699 18 Commodity group keen to build base metals business out of London Reuters [NEW YORK] Commodity merchant Noble Group Ltd is gearing up for its biggest push in decades into the base metals markets, hiring two senior traders to build out
      Reuters; BLOOMBERG  -  699 words
    • Article
      Lock icon Colombo stock market hit by scandal
      391 18 Regulator quits with 17 insider trading cases on his plate AFP [COLOMBO] Sri Lanka’s stock market, once a darling of investors, has seen its value plummet 26 per cent in the past year and now faces a crisis of confidence after its regulator quit
      AFP  -  391 words
    • Article, Illustration
      Lock icon Tokyo team’s Senkaku visit set to raise China-Japan tensions
      591 20  -  The city governor’s decision coincides with new anti-Japan protests in China By ANTHONY ROWLEY in Tokyo TENSIONS between Japan and China over the disputed Senkaku Islands in the East China Sea appear set to rise further this week when the Tokyo
      AFP  -  591 words
    • Article
      Lock icon Trade may cushion impact of isles spats
      559 20 Stakes too high to let tensions harm business: analysts AFP [BEIJING] China, Japan and South Korea are loath to let tensions over sea claims damage their sputtering economies, analysts say, but the emotional disputes could still slow longterm trade integration efforts. Political and
      AFP  -  559 words
    • Article, Illustration
      Lock icon Political battles heat up in troubled Vietnam
      567 20 AFP [HANOI] The arrest of one of Vietnam’s top banking tycoons reflects a wider power struggle among the Communist rulers over how to tackle the country’s deepening economic troubles, experts say. Flamboyant multi-mil-lionaire Nguyen Duc Kien, a shareholder in some of Vietnam’s largest
      AFP  -  567 words
    • Article
      Lock icon Twitter makes mark on US presidential race
      613 20 AFP [WASHINGTON] Will tweets make the difference in the 2012 US presidential election? Twitter and other social media are being used by candidates to energise supporters, raise funds and shift the focus of the public debate for what some call the nation’s first
      AFP  -  613 words
    • Article, Illustration
      Lock icon Apple’s victory could spell danger for Android users
      680 22 Analysts also see big hit for Google; some caution jury decision might not be final AP [SAN JOSE, California] It’s a US$1 billion question: What does Apple Inc’s victory in an epic patent dispute over its fiercest rival mean for the US
      AP; BLOOMBERG  -  680 words
    • Article
      Lock icon Smartphone a litigation magnet in IT wars
      747 22 Billions spent on patents shows dysfunctional system NYT [NEW YORK] The smartphone in your hand is a marvel of innovation, packing sophisticated computing and communications technologies into a sleek digital device. It is also a litigation magnet. In the last few years, the
      NYT  -  747 words
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      81 17 U.S. LICENSING 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 Licensee US$28,000 (Single Center) Master Partner US$50,000 (Single Area) Presentation and meetings will be held in Singapore on: 10 th Sept (Monday)
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      43 17 GROUP TOUR SPECIALIST Retreats Meetings Team Building Incentive Tours East West Malaysia Hong Kong Indonesia Thailand Vietnam Cambodia Macau China We are looking forward to get a challenging assignment from you Luxury Tours Travel Pte Ltd mice@luxury.com. sg S www.luxury.com.sg Tel: 6309 0850
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      323 17 2012 Courses Workshop Newly set up in 2012, the CQF aims to be an outstanding Centre for knowledge development in quantitative and computational finance. To do so, it would tap on the different expertise across NUS, in particular from the Sciences, Computer Science and Economics, to make a well-defined contribution
      323 words
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      2210 18 SATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices Overseas Bank (Incorporated in India) Central Office: 763, Anna Salai, Chennai 600 002 BALANCE SHEET AS AT 31ST MARCH 2012 PROFIT LOSS ACCOUNT FOR THE YEAR ENDED 31 ST MARCH 2012 Year ended in 000’s) Year ended AUDITORS' REPORT To The President
      2,210 words
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      24 18 HOT IPO Attract more interest from investors. Place your IPO notice in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. £0 ESAT3 NOTICES
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      2009 19 NOTICE IS HEREBY GIVEN that the Thirteenth Annual General Meeting of Singapore Exchange Limited (the “Company”) will be held at NTUC Auditorium, One Marina Boulevard, Level 7, Singapore *****9 on Thursday, 20 September 2012 at 10.00 am to transact the following business: A Ordinary Business Ordinary Resolution 1 To receive
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  • Page 21 Advertisements
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      93 21 WITH MORE THAN 4,000,000 PAGE VIEWS AND 40,000 FANS ON FACEBOOK, IT’LL BE HARD FOR ANYONE TO MISS YOUR PROPERTY. Source: Nielsen NetRatings July 2012 L rf I ml 11 -J. 1 r*i i ii t. mri fiMii FOR SALE L .1 .W w'-i i I ii ill Call 1800-69
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  • Page 22 Advertisements
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      78 22 NUYOU TIME IS 10! DOUBLE-COVER ANNIVERSARY EDITION OUT NOW. Ki m 1 3k i I ►A iT i a I WIN! 10 watches worth $30,000 from Baume Mercier, Maurice Lacroix, Tissot and more. Grab your copy now for more details. YOU ARE INVITED Join us for an exhibition, 'TIME, THROUGH
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  • AVIATION/SHIPPING
    • Article
      Lock icon Shoe scanners fail tests at US airports
      558 23 Devices were unable to adequately detect explosives and metal weapons NYT [WASHINGTON] After spending millions of dollars testing four different scanning devices that would allow airline passengers to keep their shoes on at security checkpoints, the US government has decided for now that
      NYT  -  558 words
    • Article
      Lock icon TRANSPORT STOCKS
      251 23 SGX '000 Aug 24 S$ +/-Vol CH Offshore 0.43 -0.01 298 Chuan Hup Hldg 0.24 unch 10 Cosco Corp 1.00 -0.01 3995 s$ First Ship Lea 0.14 unch 906 Freight Links 0.07 unch 1197 Grand Banks 0.28 0.02 915 Jaya Hold Ltd unch unch 0 K1Ventures 0.13 unch
      251 words
    • Article, Illustration
      Lock icon Aer Lingus, Ryanair dogfight will drag on
      603 23 Corporate takeover battle likely to drag into next year Reuters [DUBLIN] Aer Lingus called on shareholders to resist budget carrier Ryanair’s 700 million euro (S$1 billion) takeover bid as the rival Irish airlines dig in for a corporate battle that looks likely to
      Reuters; AFP  -  603 words
    • Article, Illustration
      Lock icon Heavy-lift sector may see mergers as credit dries up
      809 23 Bloomberg [FRANKFURT] Shipping lines that carry generators and giant trucks for General Electric Co and BHP Billiton are becoming takeover targets amid a lack of funding for the vessels needed to tap one of the most resilient cargo markets. The withdrawal
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    • Article
      Lock icon BHP still committed to Aussie port expansion
      237 23 Reuters [LONDON] BHP Billiton, the world’s largest miner, said it was still committed to a US$20 billion expansion of the harbour at one of Australia’s biggest ports, Port Hedland, after it signalled earlier it would delay the investment. “The outer harbour continues to
      Reuters  -  237 words
    • Article
      Lock icon The Business Times Shipping Times
      3370 28 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 Destination STXPO TBN Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Destination STXPO TBN Camden/New Orleans/Tampico Destination
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  • Page 23 Miscellaneous
    • Miscellaneous
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      311 23 CRYPTIC CROSSWORD Across 1 She puts back out to avoid responsibility (4,3,4) 9 Unpleasant situation caused by rejecting separate pitch (3,4) 10 What may be taken from library in great quantity? (6) 12 Against a politician with anger one that’s after blood (7) 13 Issue oddly following cat worship (7)
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  • DINING
    • Article, Illustration
      Lock icon Dependable classics from mamma’s cucina
      766 24  -  By Cheah Ui-Hoon NEW RESTAURANT Zafferano Level 43 Ocean Financial Centre 10 Collyer Quay Singapore *****5 Tel: 6509 1488 IT'S a hip prerequisite these days to have a restaurant on the top floor or rooftop of a skyscraper in the CBD area one which takes
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      671 24 Navigating the Challenges of Leadership STJOBS No.1 Who should attend: Executive management level, Middle management, Managers and Team leaders who want to develop their leadership skills No.1 Recruitment site in Singapore by FULL-DAY WORKSHOPS Marketing Magazine (2011) Register at www.stjobs.sg/seminars 7 Sep, 2012 (Fri) Coaching Gen Y to Better Performance
      671 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      3260 25 Week ended: Aug 24 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 Last Vol Week Last Quote Div GrYld 132 92.5 AIMSAMPIReit 130 +2 1164 130 127 130 130.5 6.4 12.4
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    • Article
      Lock icon SGX CATALIST
      221 26 52-wks Tel Last Vol Week Last Quote Div Gr Yld Net M Cap High Low Code Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Low Code Company Last 4.6 1.3 t Advanced System 1.8 unch 1555 1.9 1.8 1.8 1.9 23.8 Vol Cooo) Week Last Quote
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    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      115 26 Stock name Close Change CapMallsAsia 1.650 CapitaLand 3.060 -0.010 CapitaMall 1.945 +0.015 CityDev 11.590 +0.060 ComfortDelGro 1.680 DBS Grp 14.530 -0.120 F&N 8.450 +0.130 GLP 2.350 Genting SP 1.375 -0.010 Golden Agri 0.730 +0.005 Stock name Close Change HK Land 6.090 -0.040 JMH 54.850 +0.280 JSH
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    • Article
      Lock icon STOCKS ASIA
      2232 26 Transaction date: Aug 24 HONG KONG Vol HK$ +/-'000 Aeon Stores 22.40 -0.10 30 Angang Steel 4.06 -0.07 3237 Anhui Conch 20.55 -0.25 9022 Anhuiexpresswa 3.42 -0.01 438 Asia Satellite 23.25 -0.30 118 Asm Pacific 85.10 -1.95 504 Bank Of E Asia 28.45 -0.65 1779 Beida Jade Bir
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    • Article
      Lock icon GLOBALQUOTE
      208 26 52-Wk Last Vol Week Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 46 25.5 AVJennings A39.5 +9 16 39.5 25.5 30 39.5 3.6 8.9 3.2 102.9 41.5 25.5 Genting HK US$ US36 +0.5 ***** 38 35 36 36.5 2370.4
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    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 26 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 8 8 1 0 0 0 8 8 1 Manufacturing 64 87 36 10 18 7 74 105 43 Commerce 27 34 16 4 8 4 31 42 20 Tpt/Stor/Comms 15 24 6
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    • Article
      Lock icon SGX ETF
      1099 26 52-Wk Last Vol Week Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 130 114.4 ABF SG Bond ETF 123 -0.7 50 123.7 122.8 120 123 561.5 126.8 122.2 CIMB APAC Div 100S$D 126.8 125.7 126.6 103 95.8 CIMB
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      123 26 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 77,276 77,276 250,049 250,049 Manufacturing 783,874 430,386 1,214,260 1,501,893 6,241 1,508,134 Commerce 1,053,543 26,716 1,080,259 498,086 1,491 499,577 Tpt/Stor/Comms 292,471 65,521 357,992 454,460 19,716 474,176 Finance 120,156 3,794 123,950 398,781 1,598 400,379 Construction 373,908 35,227
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  • Page 26 Advertisements
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      25 26 Insiders'trades. Brokers' recommendations. Dividend table. The pages also cover transactions by directors and substantial shareholders. In other words, news you can use. THE BUSINESS TIMES
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  • FINANCE & COMMODITIES
    • Article
      Lock icon SGX DERIVATIVES TRADING
      641 27 Aug 24 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT 9069.95 9090.67 9045.79 Sep12 9175.00 9195.00 9035.00 9055.00 ***** *****6 Dec12 9105.00 9105.00 8980.00 8990.00 249 ***** MSCI TAIWAN INDEX FUTURES SPOT 264.74 264.95 263.43 Aug12 266.30 266.40 263.30 264.50 ***** *****4 Sep12 265.90
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    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      373 27 In local curr In S$ In US$ dy yr dy yr dy yr Aug 24 Index Change Change Change Change Change Change World Preliminary 903.3 0.1 8.9 0.3 4.7 -0.1 8.6 EAFE Preliminary 723.4 -0.3 6.1 -0.4 1.3 -0.7 5.1 Europe Preliminary 1090.6 0.1 6.2
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    • Article, Illustration
      Lock icon SMX MARKET UPDATE
      120 27 As on 24 August 2012 www.smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE VOL (in Lots) PRECIOUS METAL INDIA GOLD (E-GOLD) FUT OCT2012 555.50 552.55 556.55 910 GOLD FUT DEC2012 1673.40 1665.40 1672.80 34 CURRENCY EUR-USD FUT SEP2012 1.2566 1.2485 1.2537 2161 BASE METAL COPPER FUT SEP2012 7695 7622
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    • Article
      Lock icon CHICAGO BOT
      107 27 Aug 24 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Sep 12 1737.50 1727.25 1749.25 1723.75 Nov 12 1731.50 1715.00 1737.25 1710.75 Jan 13 1724.25 1706.00 1728.50 1703.75 Mar 13 1636.25 1614.50 1638.75 1613.00 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Sep 12 56.24
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    • Article
      Lock icon LIFFE
      80 27 Aug 24 COCOA (£/tonne) Close Prev High/Low Sep 12 1573 1570 1577/1560 Dec 12 1585 1583 1590/1571 Mar 13 1575 1571 1577/1562 May 13 1579 1574 1583/1567 COFFEE(US$/tonne) Close Prev High/Low Sep 12 2018 2006 2028/1992 Nov 12 2055 2041 2065/2027 Jan 13 2058 2046 2067/2035 Mar 13 2062
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    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      1271 27 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 4 1 146 500 6.25 21 Conv Ratio Exer Baker Technology Ltd W*****6 1 -0.2 100 1 32 5 31.50 3 Prem Best World Intl Ltd W*****5 0.3
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    • Article
      Lock icon CRUDE OIL & PRODUCTS
      70 27 CRUDE OIL PRODUCTS Aug 23 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 116.34 1.32 WTI (Near Mth) 95.77 -1.31 Dubai (1-Mth F) 112.96 1.88 Tapis blend 120.65 2.28 Minas 118.75 0.88 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 106.37 2.54 Jet Kerosene 133.89 1.85 US$/barrel OpecOil Basket
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    • Article
      Lock icon US$/S$ FORWARD RATES
      22 27 Aug 24 S$ Bid Offer 1-month 1.2511 1.2512 2-months 1.2511 1.2512 3-months 1.2510 1.2511 6-months 1.2500 1.2502 Source: OCBC
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    • Article
      Lock icon LONDON METALS
      65 27 Aug 24 Aug Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1890.45 1877.25 3 months 1918.00 1904.50 Copper, Grade A(US$/tonne) Cash 7627.75 7676.50 3 months 7640.00 7684.50 Lead(US$/tonne) Cash 1963.25 1943.00 3 months 1971.00 1952.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin(US$/tonne) Cash *****.00 *****.00 3 months
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    • Article
      Lock icon INTERBANK CROSS RATES
      470 27 Aug 24 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.034 6.608 0.829 8.062 57.586 98.846 0.818 11.793 3.224 1.283 98.566 43.844 1.301 8.709 0.996 31.140 32.483 0.656 1.039 Canada 0.968 6.393
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    • Article
      Lock icon SIBOR
      62 27 Aug 24 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 1.***** 0.***** SWAP Offer rates (S$) 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths SWAP Mid rates (S$) 12 mths 0.***** SWAP
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    • Article
      Lock icon PRECIOUS METALS
      137 27 Aug 24 GOLD(US$/oz) Aug 24 Aug 23 Hong Kong 1672.00 1668.40 Aug 23 Aug 23 Aug 24 London 1672.93 1668.59 1673.84 1669.81 Source: Thomson Reuters CAST BAR Aug 24 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 160 67 5gm 455 333 10gm
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    • Article
      Lock icon GOVERNMENT SECURITIES
      90 27 Aug 24 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****E 22-Nov-12 0.25 0.20 0.2 6-Month BS*****H 21-Feb-13 0.26 1-Year BY*****T 02-May-13 0.25 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0H 0.25 01-Feb-14 100.03 100.05 100.05 5-Year
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    • Article
      Lock icon PALM OIL
      57 27 Aug 24 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Sep 12 3025.0 3017.0 3045.0 3020.0 371 4830 Oct 12 3067.0 3041.0 3073.0 3041.0 2860 ***** Nov 12 3090.0 3061.0 3097.0 3066.0 ***** ***** Dec 12 3095.0 3075.0
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      156 27 Aug 24 Against US$ Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.3001 1.3009 1.0392 1.0397 Canadian dollar 1.2581 1.2584 1.0057 1.0056 Euro 1.5680 1.5688 1.2533 1.2538 NZ dollar 1.0131 1.0140 0.8098 0.8104 Sterling pound 1.9819 1.9827
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    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 27 As at 9am Aug 24 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.331 1.268 Can dollar 1.283 1.222 Euro 1.603 1.527 Sterling pound 2.014 1.937 NZ dollar 1.042 0.993 US dollar 1.265 1.217 Local dollars to 100 units of foreign
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    • Article
      Lock icon INTERBANK RATES
      160 27 Aug 24 $S Offer Bid 0vernight 0.03 0.01 1-month 3/8 1/4 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.05 US$ Offer Bid 7 days 0.25 0.15 1 month 0.40 0.20 2 months 0.45 0.25 3 months 0.55 0.35 6 months 0.85 0.65 9 months 1.05 0.85 12
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  • Page 28 Advertisements
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      Lock icon Page 28 Advertisements Column 1
      53 28 Shfp maint wanted Can they find your services Here in -the Shipping Times? TO ADVERTISE, CALI IOE WONG AT 9620 1327 THE BUSINESS TIMES Shipping Times Shippers looking for Warehouse Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE WONG AT 9620 1327 THE BUSINESS
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      Lock icon Page 28 Advertisements Column 2
      18 28 USE THIS SPACE TO SELL CALL JOE WONG AT 9620 1327 TO ADVERTISE The Business Times Shipping Times
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  • Page 29 Advertisements
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      169 29 TO ADVERTISE IN The Business Times SHIPPING TIMES CALL JOE WONG FREIGHT FORWARDER urgently needed by shippers Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE WONG AT 9620 1327 Announce Your Corporate Development Come publicise your Project Completion, Ship Christenings Delivery of Newbuilds, Vessel
      169 words
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  • Page 31 Advertisements
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      351 31 IBM, the IBM logo, ibm.com, Smarter Planet and the planet icon are trademarks of International Business Machines Corp., registered in many jurisdictions worldwide. Other product and service names might be trademarks of IBM or other companies. A current list of IBM trademarks is available on the Web at www.ibm.com/legal/copytrade.shtml. International
      351 words
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  • BizIT
    • Article, Illustration
      Lock icon T-Systems looks to double revenue in S’pore
      917 32  -  Asia-Pacific region is fastest growing for German ICT provider, reportsAMIT ROY CHOUDHURY reportsAMIT reportsAMIT ROY CHOUDHURY T -SYSTEMS, Deutsche Telekom’s (DT) 100 per cent owned ICT (infocomm technology) arm, is looking to double business in the Asia-Pacific region by 2015. In Singapore, it
      917 words
    • Article
      Lock icon Using programs to unlock value from information
      924 32  -  Firms can extract new uses, changing interactions between consumers and enterprises By CLEMENT TEO WITH the widespread adoption of social media and mobile technologies, the digital economy presents unprecedented opportunities for future growth, including the provision of direct access to mass consumer markets
      924 words
    • Article
      Lock icon Risk follows opportunity in mobility revolution
      798 32  -  <yousay> By DOUGLAS MURRAY The author is Asia-Pacific senior vice-president for Juniper Networks NO region in the world has embraced mobile technology as broadly or as quickly as Asia. This region has the largest number of users of mobile devices in the world, and
      798 words
    • Article, Illustration
      Lock icon Microsoft set to go Modern with its UI
      1064 30  -  <cool stuff> VICTORIA HO Reporter Microsoft is in the midst of going through a rather dramatic facelift. It’s been trying to ditch its ageing user interface (UI) with a new design aesthetic it called Metro, that is until a recent trademark dispute
      BLOOMBERG FILE PHOTO  -  1,064 words
    • Article, Illustration
      Lock icon Samsung Note in corporate space push
      569 30  -  The new 10.1 inch tablet is geared for content creation By AMIT ROY CHOUDHURY CLOSE on the heels of the launch of Galaxy Tab 2.0 10.1 inch tablet, Korean electronics powerhouse Samsung has launched another tablet in Singapore (and also globally) with the same
      AP  -  569 words
    • Article
      Lock icon Websense launches data centre in S’pore
      337 30  -  It’ll improve service quality, says web filter software firm By VICTORIA HO WEBSENSE has opened a data centre in Singapore, in order to offer its services on tap to the region. The San Diego-based firm specialises in web filtering software, and is used to
      337 words
    • what’s new
      • Article
        Lock icon Lenovo’s latest ultrabooks
        47 30 LENOVO has announced its latest ultrabooks the ThinkPad X1 Carbon and T430u. The 14-inch Carbon ($2,349) weighs 1.36kg, and comes with 3G mobile broadband. The T430u ($1,799) is aimed at delivering a more powerful performance, and can come with up to 1Tb of storage.
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      • Article, Illustration
        Lock icon New white BlackBerry
        29 30 THE BlackBerry Bold 9790 has been launched in white. It has a qwerty keyboard and touchscreen and runs BlackBerry OS 7.1, and is priced at $608.
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      • Article
        Lock icon Promotion on Samsung EX2F
        55 30 SAMSUNG is running a promotion on its f/1.4 point-and-shoot compact camera, the EX2F. Buy one for $699 and get a 25L dry box and battery charger worth $238. Also, an SD card, camera case and an extra battery worth $115 will be thrown in. The promotion
        55 words
      • Article, Illustration
        Lock icon Philips mobile speakers
        60 30  -  Compiled by VICTORIA HO PHILIPS has released two models under its Shoqbox line, the SB7100 ($279) and SB7200 ($329). The wireless speakers have twin speaker drives and can be paired to give a bigger, stereo sound. The SB7100 range comes in aluminium, and the SB7200 is a
        60 words
    • Article
      Lock icon Evernote holds off IPO till it adds more paid users
      625 30 Bloomberg [SAN FRANCISCO] Evernote Corp, an online note-taking and document storage service, plans to hold off on an initial public offering until at least 2015 as it works to convert users of its free product into paid subscribers. Watching Facebook
      Bloomberg  -  625 words
    • Article
      Lock icon Google email swayed Apple-Samsung case jury
      768 31 It asked Samsung to back away from Apple design Bloomberg [SAN FRANCISCO] Jurors who awarded Apple Inc more than US$1 billion in its intellectual property battle with Samsung Electronics relied on e-mails describing Google Inc’s influence to arrive at their decision. Velvin Hogan, foreman
      Bloomberg  -  768 words
    • Article
      Lock icon Big data changing rules of the game
      742 31  -  Proper use can make companies and governments more efficient By CLEMENT TEO DRIVEN by the rapid increase in the number of people and devices connected to the Internet, data is growing at a phenomenal rate. The collective data pool may reveal insights that
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