The Business Times, 25 November 2013

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Microfilm: NL32875
Total Pages: 28
1 28 The Business Times
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  • Title Section
    Lock icon Masthead
    25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg SfCl A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MCI (P) 085/08/2013 Monday, November 25, 2013
    25 words
  • Article, Illustration
    Lock icon 28% of M&A deals in emerging markets hit snags
    823 1  -  India and Indonesia prove particularly challenging in Asia By MICHELLE QUAH michquah@sph.com.sg [SINGAPORE] Emerging and growth markets are often an attractive destination for many dealmakers, but it is no secret that they also come with greater risks. A substantial number of
    Source: Freshfields Bruckhaus Deringer  -  823 words
  • Article
    Lock icon EDB’s next big thing: connections
    917 1  -  Strengthening vertical and horizontal linkages key for S’pore economy By TEH SHI NING tshining@sph.com.sg [SINGAPORE] Singapore’s economic planners continue to scan the horizon for the “next big thing”. But this is no longer just about picking out unexplored sectors to zero in on and make
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  • MARKETS DIGEST
    • Article
      Lock icon MARKETS
      57 1 Weekly Change ST INDEX 3,172.85 -28.42 KL COMP 1,794.52 +4.65 NIKKEI 225 15,381.72 +215.80 HANG SENG 23,696.28 +664.13 SET INDEX 1,359.07 -61.59 JAKARTA COMP 4,317.96 -17.49 MANILA COMP 6,084.84 -261.56 SEOUL COMP 2,006.23 +0.59 SHENZHEN B 862.25 +22.01 MUMBAI IND 20,217.39 -182.03 DOW 16,064.77 +103.07 NASDAQ 3,991.65 +5.68 S&P
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    • Article
      Lock icon PRIME RATES
      22 1 SINGAPORE 5.38 HONG KONG 6.55 HONG KONG 5.00 JAPAN 14.747 TAIWAN 5.036 US 1.475 KOREA 9.33 INDIA 0.50 Source: Bloomberg
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    • Article
      Lock icon FOREX
      49 1 US$ S$ US$ (S$ per US$) 1.250 (US$/S$ per 1.621 2.027 EURO (US$/S$/E) 1.350 1.687 Foreign currency per US$ S$ YEN 101.00 80.80 RM 3.216 2.573 HK$ 7.753 6.203 BAHT 31.84 25.47 RUPIAH 11,728 9,383 RENMINBI 6.094 4.875 INDIAN RUPEE 62.93 50.35 A$ 1.088 0.870 NZ$ 1.216 0.973
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      202 1 BizIT AWS warms up to hybrid clouds PAGE 28 DINING OUT Modern Asian perch PAGE 21 TOPLINE Cordlife’s CEO runs a tight ship PAGE 5 VIEWS FROM THE TOP A high-five for S’pore 5-0 PAGES 10 11 FOR THE PRINCE OF WORDS: A WATCH THAT LEAVES YOU SPEECHLESS. Big Pilot’s
      202 words
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      26 1 BT WEBSITES For breaking news, go to businesstimes.com.sg. For personal finance stories, go to btinvest.com.sg. For more information, e-mail btocs@sph.com.sg or call 6388-3838. 8"*****1 ll *****4
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  • TOP STORIES
    • Article
      Lock icon THREE-MINUTE DIGEST
      464 2 EDB’s next big thing: connections SINGAPORE’S planners continue to scan the horizon for the “next big thing”, but this is no longer just about picking out unexplored sectors. FRONT PAGE 28% of M&A deals in emerging markets hit snags EMERGING and growth markets are often an attractive destination
      464 words
    • Article, Illustration
      Lock icon EDB woos MNCs to build up 3D printing industry
      623 2  -  Commercial applications in aerospace, medical technology sectors can take off in S’pore By TEH SHI NING tshining@sph.com.sg [SINGAPORE] The Singapore Economic Development Board (EDB) wants multinational companies to pick Singapore as the location for developing 3D printing and additive manufacturing applications
      PHOTO: YEN MENG JIIN  -  623 words
    • Article, Illustration
      Lock icon Market sets new highs as traders shed tapering fear
      849 2  -  WALL STREET INSIGHT By ROB CURRAN THE US stock market rose to more record highs last week as traders saw the bright side of “tapering”, and the run will continue if the crowds show up at the holiday-season sales this week.
      849 words
    • Article
      Lock icon Corrections and clarifications
      162 2 IN our captioned photo story of British Airways’ celebration of 80 years of flying to Singapore (BT, Nov 22), it was mentioned that a one-way fare between London and Singapore cost £180 in 1933. This was equated to S$362, at current exchange rates. We should have added
      162 words
    • Article
      Lock icon US firms step up services exports to Singapore
      706 4  -  The surplus with S’pore up from US$3.5b in 2002 to US$7.3b last year By CHUANG PECK MING peckming@sph.com.sg [SINGAPORE] American firms appear to have grown more aggressive in exporting services after the Great Recession and Singapore is one of their major targets,
      706 words
    • Article
      Lock icon DB Platinum
      18 4 Branchen Stars R1C-A 18/11/2013 205,45 EUR I db X-MACRO Trading Index Fund I4D 14/11/2013 86,14 GBP
      18 words
    • Article, Illustration
      Lock icon EU economy bouncing back stronger than ever: Barroso
      939 4  -  By in SHU-CHING JEAN CHEN in Hong Kong THE economy of the European Union is slowly on the mend, its growth model more sustainable than ever before, and its global trade picture never as robust as now, according to its top official.
      939 words
    • Article, Illustration
      Lock icon PACQUIAO TASTES SWEET VICTORY IN COMEBACK FIGHT
      108 4  -  By LEE U-WEN MANNY Pacquiao finally tasted victory in a boxing ring, his first win in nearly two years. After dominating during the full 12 rounds in the 'Clash in Cotai' against American Brandon Rios in Macau yesterday, the 34-year-old Filipino congressman won
      AP  -  108 words
    • Article
      Lock icon S-E Asia’s luxury market taps mobile technology
      750 4 NYT [NEW YORK] As South-east Asia emerges as an important growth market for luxury, companies are facing the challenge of selling to a customer base that is constantly connected to the Internet through mobile devices. And compared with customers in other regions, those
      NYT  -  750 words
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      109 2 A STAR ALLIANCE MEMBER TLf FROM SINGAPORE TO OVER 45 DESTINATIONS ACROSS AFRICA Starting 3rd December 2013 1)2 t ADDIS ABABA NAIROBI JOHANNESBURG POINTE NOIRE LAGOS KILIMANJARO '4» SGD 1,244 SGD 1,245 SGD 924 SGD 1,540 SGD 1,311 SGD 1,320 Above fares are return Economy class and inclusive of all
      109 words
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      170 3 1 a I n i: i :f; wf Pm»'' M wj/mM > 'iwWI ,V M?m- i C V •V &e-\ ...■*>.. v rv I v.i vm i 3v > ■Lz' f fi f if/. f .'s Zs -1 B J V/v* r *n*v I.; i v N O X >
      170 words
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      311 4 E*TRADE PRO Absolute Complete Options Tools Strategy Optimizer Options Analyzer Options Screener Probability Calculator HKSbH a Open An Account +65 6438 8228 www.etrade.com.sg E* TRADE FINANCIAL 16 Raffles Quay, #32-07 Hong Leong Building, j s nves tment Expert Singapore *****1 (By appointment only) The [‘TRADE Pro trading platform is available
      311 words
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon Cordlife’s CEO runs a tight ship
      979 5  -  Jeremy Yee’s thrifty ways can be seen in his attitude towards acquisitions and the lack of carpeting at the company’s headquarters TOPLINE By JOYCE HOOI joyceh@sph.com.sg THERE are no carpets lining the concrete floors of Cordlife’s Yishun headquarters, and the firm’s CEO, Jeremy Yee,
      PHOTO: ARTHUR LEE  -  979 words
    • Article
      Lock icon Will STI close 2013 with a bang or a whimper?
      831 5  -  HOCK LOCK SIEW By R SIVANITHY sivan@sph.com.sg AS 2013 winds down to a close, it’s obvious that, barring a major year-end miracle, the Straits Times Index (STI) which rose 19.7 per cent in 2012 is set to turn in a
      831 words
    • Article, Illustration
      Lock icon CIMB scores surprise win with Australia dairy mandate
      797 5 Reuters [SYDNEY] An advisory role in one of Australia’s most contested takeover deals this year has thrown a spotlight on an unexpected debutant in local investment banking circles Malaysia’s CIMB Group Holdings Bhd. CIMB bankers elbowed their way past familiar names in
      Reuters; PHOTO: REUTERS  -  797 words
    • Article, Illustration
      Lock icon Post-results acquisitions bulk of week’s trades
      1464 7  -  INSIDE MARKETS By ROBERT HALILI The writer is managing director, Asia Insider Ltd CTIVITY was flat for directors with 30 transactions worth $9.8 million, based on Singapore Exchange filings last week. The figures were not far off from the previous week’s 34 trades worth
      1,464 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Oh what can ail thee, local stock market?
      699 6  -  STOCKS R SIVANITHY sivan@sph.com.sg Senior Correspondent WHAT really ails the local stock market? Why is it that when Hong Kong’s Hang Seng Index (HSI) jumped more than 1,000 points in two days after China’s ruling party released its economic manifesto but the
      699 words
    • Article
      Lock icon Rupiah leads week’s drop on Fed taper woes
      469 6 CURRENCIES Bloomberg [SINGAPORE] The Indonesian rupiah led losses in Asian currencies last week after the Federal Reserve signalled its monetary stimulus may be pared in the coming months, damping inflows to emerging-mar-ket assets. The Bloomberg-JPMorgan Asia Dollar Index fell 0.1 per cent
      Bloomberg  -  469 words
    • Article
      Lock icon Oil and cocoa prices rally, metals sink
      845 6 COMMODITIES AFP [LONDON] Oil prices rallied last week as traders tracked talks on Iran’s nuclear programme and news of tighter United States supplies, while cocoa futures hit two-year highs. Precious and base metals fell on disappointing Chinese economic data and a weaker dollar,
      AFP  -  845 words
    • Article
      Lock icon BROKERS’ RECOMMENDATIONS
      1511 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 Ind REIT 1.75 2.00 4 10.45 14.59 1.74 1.53 Amtek Engineering Ltd 3.00 3.50 2 0.05 7.96 0.51 0.49 ARA Asset Management 2.17 2.33
      1,511 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 6 WEEKLY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      73 6 Nov 22 VALUE CLOSE BT OB/OS -510.00 +46.00 BT CADI -*****.00 +1.00 BT 10-day MA -*****.00 -51.00 FTSE ST Mid Cap 724.84 +0.12 FTSE ST Small Cap 532.93 -0.30 FTSE ST All Share 768.95 +0.07 FTSE ST China Top 201.17 +0.92 FTSE ST China 227.88 +0.98 FTSE
      73 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      57 6 VOLUME KLW Hldgs 1,133,353,000 MDR 249,519,000 Vallianz Hldgs 249,134,000 SingHaiyi 243,237,000 Charisma Energy 184,036,000 Golden Agri 182,338,000 Innopac 172,741,000 HPH Trust US$ 170,520,000 Blumont 167,013,000 DragonGp 152,357,000 VALUE($) SingTel 306,320,293 DBS Grp 246,742,884 Keppel Corp 177,099,150 Wilmar 171,829,000 UOB 167,866,383 HPH Trust US$ 147,379,313 GLP 144,968,630 SuntecReit
      57 words
    • Article
      Lock icon RISES
      117 6 BY CENTS CLOSE UP SPDR DJIA 10US$ ***** 572.4 3.0 DBXT FTChina25 10US$ 3106 341.2 9.6 Lyxor China H 10US$ 1547 201.2 11.6 SPDRS S&P 500 10US$ ***** 200.0 0.9 DBXT MSAsExJp 10US$ 3435 141.2 3.4 DBXT AUD Bonds 5AU$ ***** 137.9 0.7 DBXT MSJAP 10US$ 4720 121.2 2.1
      117 words
    • Article
      Lock icon FALLS
      126 6 BY CENTS CLOSE DOWN Lyxor ThaiSET 10US$ ***** -697.3 -4.3 GLD 10US$ ***** -486.1 -3.1 Lyxor Indonesia10US$ 7497 -447.4 -4.6 DBXT MSTHAI 10US$ 1934 -106.2 -4.2 DBXT MSINDIA 10US$ 790 -68.7 -6.5 DBXT STGLDv100 10US$ 3087 -60.0 -1.5 DBXT MSINDO 10us$ 1201 -40.0 -2.6 DBXT MSEurope 10US$ 5710 -36.2
      126 words
    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 6 WEEKLY
      5 words
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      145 7 Energy for the world. Economic growth for Asia. Energy demand in Asia is expected to be approximately 50 percent higher in the year 2040 than it was in 2010. Natural gas will play an increasingly important role in meeting this growing demand, while at the same time helping power economic
      145 words
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  • SINGAPORE NEWS
    • Article
      Lock icon DIVIDENDS ANNOUNCED
      1268 8 Payment Ex Rec Pay Ann (cts) date date date date Acendas India Trust (1 Apr-30 Sep 2013) ag 2.240 11-Nov 13-Nov 28-Nov 28-Oct AIMS AMP Cap (1 Jul-30 Sep 2013) ct 2.750 01-Nov 05-Nov 18-Dec 23-Oct Ascendas Hospitality (10 Jun-30 Sep 2013) ag 16.692 18-Nov 20-Nov 20-Dec 13-Nov
      1,268 words
    • Article, Illustration
      Lock icon Taking Heart
      389 8  -  By kellytay@sph.com.sg KELLY TAY By kellytay@sph.com.sg Kallang River clean-up THE Waterways Watch Society which monitors, restores and protects Singapore’s rivers and canals from litter-related pollution has found a helping hand in UPS volunteers. As part of the logistics company’s 10th annual Global Volunteer Month, UPS staff here participated
      389 words
    • Article
      Lock icon COMPANY MEETINGS
      218 8 COMPANY MEETING PLACE DATE TIME Consciencefood E Seletar Country Club Eagle's View Room 2nd L l 101 Seletar Club Road 25-Nov 10.00am Freight Links E 51 Penjuru Road #04-00 Freight Links Express Logisticentre 25-Nov 9.30am Vicplas Int'l A 35 Joo Koon Circle 25-Nov 11.00am Lifebrandz A DREAM Block
      218 words
    • Article
      Lock icon PRIME LENDING RATES
      267 8 Nov 22 BANKS Agricultural Bank Of China 5.50 Agricultural Bank Of China Bangkok Bank Public Co. Ltd 6.00 Bank of China Limited ...5.50 Bank of Communications 5.50 ...6.00 ...5.50 Bank of Tokyo-Mitsubishi ...5.50 Banque Internationale a ...5.75 BNP Paribas Chang Hwa Commercial Bank 5.50 China Construction Bank
      267 words
    • Article, Illustration
      Lock icon Keppel's $360,000 arts boost for schools
      189 8 KEPPEL Corporation has relaunched its Keppel Nights programme, which subsidises tickets to arts and cultural events for students, with a commitment of $360,000 over two years to the Esplanade Theatres on the Bay. This new partnership was launched on Saturday, when 50 students from
      189 words
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      365 8 Brand Your Assets Call 1800 289 8822 or e-mail notices@sph.com.sg to publicise your Financial Statements NOTICES AAOGS Africa Asia Oil Gas Summit AFRICA ASIA OIL GAS SUMMIT MAIN CONFERENCE: 27-28 NOVEMBER 2013 SINGAPORE, SHANGRI-LA HOTEL Matching Africa's collection of investable, profitable and sustainable oil and gas projects with Asia's developmental
      365 words
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      16 8 Brand Your Assets Call 1800 289 8822 or e-mail notices@sph.com.sg to publicise your Financial Statements 1_CLA/FEB11/g
      16 words
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  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • Article, Illustration
      Lock icon Getting to know tech stocks
      1941 9  -  Over 100 firms on the SGX get revenue from technology, almost half of them from hardware production and services, writesGEOFF GEOFF HOWIE The writer is SGX’s market strategist STEP onto a train in Singapore these days and count the number of people looking at devices
      FILE PHOTOS  -  1,941 words
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      156 9 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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  • VIEWS FROM THE TOP
    • Article, Illustration
      Lock icon A high-five for Singapore 5-0
      3989 10 THIS WEEK’S TOPIC: How should Singapore mark its golden jubilee in 2015? What would be the key message of the celebrations? Arvind Agarwalla CEO FACT Software International Pte Ltd SINGAPORE’S journey from 1965 has been remarkable. While we have built our nation on strong foundations,
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      80 11 your body and your appetite for shoppin Feed your mind G. i •*«tt '1 n 3 vv 0 ES0 VyrroHovit j-iriuuiiui ii Boarding pass Discover yourself in Korea Treat yourself to mouthwatering dishes, soul-searching serenity, and shop-till-you-drop therapy. And by showing your Korean Air boarding pass, you’ll get discounts in
      80 words
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      12 11 A complete list of views from CEOs is also available at http://businesstimes.com.sg
      12 words
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon Indonesia may see more rate hikes: analysts
      815 12 It may also have to raise bank reserve norms amid high current account gap Bloomb erg [JAKARTA] Indonesia’s most aggressive rate tightening in eight years has barely dented a current account deficit, prompting calls for more increases and other measures before the Federal
      Bloomberg; PHOTO: AFP  -  815 words
    • Article
      Lock icon MBSB to sell Msia’s first covered Islamic bonds
      371 12 RM495m sukuk is first portion of RM3b programme Bloomberg [KUALA LUMPUR] Malaysia Building Society Bhd. will sell the nation’s first covered Islamic bonds, offering RM495 million (S$192 million) of the debt next month. The sukuk will be the world’s first covered Shariah-
      Bloomberg  -  371 words
    • Article
      Lock icon BURSA MALAYSIA
      1444 12 VOL Nov 22 RM +/-(‘000) VOL Advance Synerg 0.15 unch 398 Adventa Bhd 0.99 unch 48 Ae Multi Hldgs 0.21 unch 275 Affin Holdings 4.15 0.02 121 Ahmad Zaki Res 0.95 -0.01 65 Alliance Finan Aluminium Co unch unch 0 Amalgamated In 0.31 unch 5 Amcorp Pro Bhd
      1,444 words
    • Article
      Lock icon Indonesian VP quizzed over bank bailout
      226 12 AFP [JAKARTA] Indonesian Vice President Boediono has said he was questioned as a witness by anti-graft investigators over a controversial bank bailout, in a case that could prove problematic for the government ahead of polls next year. The case centres on a 6.76 trillion
      AFP  -  226 words
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      23 12 SINGAPORE’S HFT MUSIC STATION XN m ■STOP HU MUSIC WITH JJ WEEKDAYS 10AM-4 PM HOT fM 9\- 3 O facebook.com/hotfmsg $0 (ghotfmsg www.hotfm.sg
      23 words
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      57 12 kV9$r si** ASIA’S LARGEST 1 Educational Kids’ Fair join us at Asia's Largest Education Fair. 1 Singapore Expo Hall 5 21 -23 March 2014 BOOK NOW! Limited Booths available! ye ffl® ryf C®' cv Sr For more information, please contact Ms Adeline Goh 9681 8289 gohtna@sph.com.sg Mr Jeffrey Foo 9008
      57 words
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  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon China markets face bumpy ride as reform talk intensifies
      706 13 Investors speculate on which companies and financial products will gain Reuters [SHANGHAI] Rapid swings in Chinese financial markets in response to ambitious reform plans herald a white-knuckle year for investors, as speculation on the direction and tempo of policy pours gas
      Reuters; PHOTO: AP  -  706 words
    • Article
      Lock icon China’s new reforms group may cut NDRC agency’s role
      508 13  -  New high-level group could be led by Xi Jinping By in SC YEUNG EJ Insight in Hong Kong CHINA could see a significant overhaul at its key economic policymaking organisation, with the agency’s role and functions getting redefined, as top leaders
      EJ Insight  -  508 words
    • Article
      Lock icon India seeks rupee trade payments
      663 13 Reuters [NEW DELHI] India is preparing to lobby major trading partners including Japan, Iraq and Venezuela to accept rupee payments for some of their exports, one of a series of moves to stabilise the volatile currency and make it more globally acceptable. Restrictions on large
      Reuters  -  663 words
    • Article, Illustration
      Lock icon China crackdown on corruption not making headway
      921 14 Data is at odds with frequent trumpeting of President Xi’s campaign by media Reuters [BEIJING] Chinese President XI Jinping has raised expectations he will tackle corruption much more forcefully than his predecessors, but official data on investigations suggests the crackdown so far is
      – Reuters; PHOTO: BLOOMBERG  -  921 words
    • Article
      Lock icon Vodafone, Airtel face airwaves auction
      466 14 India’s govt hopes to raise 400b rupees via spectrum sale Bloomberg [NEW DELHI] Vodafone Group plc and Bharti Airtel Ltd face an auction to keep using wireless spectrum in India that are set to expire in a year, a sale through which the government seeks
      Bloomberg  -  466 words
    • Article, Illustration
      Lock icon Sinopec’s pipeline blast may hurt reform, safety efforts
      527 14 Bloomberg [SHANGHAI] A deadly explosion at a China Petroleum Chemical Corp oil pipeline, the nation’s deadliest spillage since at least 2005, may threaten the government’s efforts to lure investment into state-control-led industries and increase concerns about industrial safety. The Nov 22 explosion
      Bloomberg; PHOTO: AP  -  527 words
    • Article
      Lock icon Offshore rupee bond market seen unlikely
      471 14 Bloomberg [SINGAPORE] The world’s first public offshore rupee bond sale is unlikely to be followed soon as investors will be scarce, say Schroder Investment Management Ltd and SJS Markets Ltd. The International Finance Corp (IFC), the World Bank’s investment arm, said on Nov 20
      Bloomberg  -  471 words
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      201 13 Recognised For Their Commitment To Service Excellence The Service Excellence WSQ Recognition Awards 2013 recognises the top 20 companies that have adopted service excellence as their key competitive strategy and sent their staff for Service Excellence Workforce Skills Qualifications (WSQ) training from 2011 to 2013. Congratulations to all the winners!
      201 words
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      27 14 www.omy.sg SL SL. y y Mmnm ,r-> CTiiiHiga Find out who's giving you prizes this Christmas! IlliH Download omy Apps omy News iOS App Store Google Play
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      203 14 Powerful tools in an investment platform allow us to pick the profitable stocks at the right time, thus maximizing our investment returns. ShareInvestor WebPro comes with unique features such as the Watchlist Information Aggregation, Fundamental Stock Filter, Interactive Financial Charts etc which are essential for your daily stock analysis. You
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  • WORLD
    • Article, Illustration
      Lock icon Iran gets US$7b sanctions relief for six months
      932 15 Many curbs remain but no new sanctions provided Teheran meets commitments Bloomberg [GENEVA] Iran will get as much as US$7 billion in relief from economic sanctions over six months under the first-step agreement reached yesterday in Geneva, the Obama administration said. In
      Bloomberg; PHOTO: REUTERS  -  932 words
    • Article
      Lock icon Barclays rejigs pay to counter EU bonus clampdown
      450 15 Bank will introduce ‘role-based pay’ element for senior employees Reuters [LONDON] Britain’s Barclays is to give senior bankers an additional monthly payment next year to counter the industry cap being introduced by the European Union (EU) to curb the excessive risk-taking it
      Reuters  -  450 words
    • Article
      Lock icon JPMorgan’s legal woes weigh on pay: sources
      695 16 Bank plans to keep overall compensation per employee flat this year from last year Reuters [NEW YORK] JPMorgan Chase Co plans to keep overall compensation per employee roughly flat this year from last year, lagging gains at rivals, as the bank’s massive legal
      Reuters  -  695 words
    • Article, Illustration
      Lock icon Big deals everywhere for US shopping season
      677 16 AFP [WASHINGTON] Black Friday, the pinnacle of the US shopping year, comes on a Thursday this year. And even earlier. Desperate for consumer bucks, US chain stores, some fighting for survival, are upping the ante this holiday shopping season with cutthroat discounts offered
      AFP; PHOTO: AP  -  677 words
    • Article
      Lock icon Markets get the message: tapering is not tightening
      751 16 Traders don’t expect Fed short-term rate hike till July 2015 Reu ters [SAN FRANCISCO] After months of misfires, the US Federal Reserve’s message is finally getting through to Wall Street: to taper is not to tighten. Even as the US central bank
      Reuters  -  751 words
    • Article, Illustration
      Lock icon Rousseff acts to prevent 2014 debacle
      797 16 She is focused on ‘putting the house in order’ Reu ters [BRASILIA] Seen from Braz i l s m o d e rn i s t glass-walled presidential palace, 2014 looks like a minefield. The economy, already sputtering, will probably slow even further. A
      Reuters  -  797 words
    • Article
      Lock icon Next year is likely to prove challenging for investors
      696 17 They will have to go for more trades and riskier investments, say asset managers Reuters [LONDON] Investors are going to have to work far harder in 2014 to replicate this year’s bumper gains by turning over more trades or pushing out
      Reuters  -  696 words
    • Article, Illustration
      Lock icon Dire economy forces Ukraine to shun EU
      745 17 Kiev refuses to sign historic trade deal with Brussels AFP [MOSCOW] Ukraine’s stunning refusal to sign a historic trade deal with the European Union (EU) highlights the perilous state of the ex-Soviet state’s economy and its continued reliance on its old master Russia.
      AFP; PHOTO: REUTERS  -  745 words
    • Article
      Lock icon No more contagion risks: German minister
      571 17 Euro is stable, markets are no longer concerned about eurozone’s future, he adds Reuters [BERLIN] German Finance Minister Wolfgang Schaeuble said that there were no longer any risks of contagion in the eurozone, and Greek Prime Minister Antonis Samaras stressed that his country did
      Reuters  -  571 words
    • Article
      Lock icon Eurozone mulls cheap loans as spur for reforms
      619 17 EU paper does not specify how payouts could be financed Reuters [BRUSSELS] Eurozone states are considering cheap loans to member governments as an incentive to carry out painful economic reforms, an European Union (EU) document showed, introducing a discussion on fiscal transfers.
      Reuters  -  619 words
    • Article, Illustration
      Lock icon Emerging currencies no longer a sure bet
      818 18 Fund managers rethink banking on currency strength to enhance returns Reuters [LONDON] Once a source of rich returns for yield-hun-gry investors, emerging markets are hammering home a long-ignored truism: banking on currency strength to enhance returns on stocks and bonds is not a
      Reuters; PHOTO: REUTERS  -  818 words
    • Article, Illustration
      Lock icon Hedge funds tougher but still attractive
      856 18 Investors are fine with the industry, in good and bad times Reuters [NEW YORK] Hedge fund investor Hugh Culverhouse Jr says the US$2.25 trillion industry was an easier place for wealthy individuals to make money a decade ago. Funds were smaller, returns were higher
      Reuters  -  856 words
    • Article
      Lock icon Obama’s standing with investors plunges in poll
      761 18 Bloomberg [WASHINGTON] Global investors’ confidence in US President Barack Obama plunged during the past two months after the government shutdown, a new poll shows, even as stocks traded at record highs and bond yields remained near historic lows. Just 38 per cent of
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      Lock icon Volcker rule seen preventing more London Whales
      458 18 Bloomberg [WASHINGTON] US Federal Reserve governor Daniel Tarullo said regulators are writing a final version of the Volcker rule to block any repeats of JPMorgan Chase Co’s US$6.2 billion in losses last year from derivative bets by a trader dubbed the London Whale.
      Bloomberg  -  458 words
    • Article, Illustration
      Lock icon China imposes new air defence rules over Senkaku Islands
      936 19  -  China-Japan tensions escalating; action destabilising for region, says US By ANTHONY ROWLEY in Tokyo TENSIONS between China and Japan were ratcheted up sharply at the weekend after China set up an “air defence identification zone” over the Japan-con-trolled Senkaku Islands in
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      Lock icon In violent world, US firms must plan for the ‘unthinkable’
      572 19 AFP [WASHINGTON] Companies and diplomats operating in some of the world’s most dangerous and unstable places must plan for the unthinkable as terror groups arm up and form alliances to strike Western targets. That was the message at a gathering
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    • Article
      Lock icon Swiss voters reject limiting execs’ pay
      566 19 Measure opposed by 65% of voters, show projections Bloomberg [ZURICH] Swiss voters rejected a proposal to limit executives’ pay to 12 times that of junior employees, a measure that would have gone further than any other developed nation. The measure was opposed by 65
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      Lock icon US businesses still back Tea Party Republicans
      772 19 Reuters [WASHINGTON] Business groups waged a fierce lobbying campaign last month to convince Republicans to re-open the government and raise the debt ceiling, but many of the most influential US corporations have not cut off support to lawmakers who did not heed their
      Reuters; PHOTO: REUTERS  -  772 words
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      613 15 Successful Leadership Skills for a High Performing Workplace Who should attend: Managers, Team Leaders and other general management professionals, business owners, educators, executives and anyone keen on creating a positive office environment through effective leadership and innovation. FULL-DAY WORKSHOPS Practical Innovation: Creating Engineering Effective Innovation Every successful business leader knows
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      231 16 Mermaid Maritime Public Company Limited (Reg. No. **********017) INVITATION TO SINGAPORE SHAREHOLDERS’ FORUM 2013 Mermaid Maritime Public Company Limited (“Mermaid”) cordially invites its shareholders to a!end the Mermaid Maritime Singapore Shareholders’ Forum 2013 (“Forum”). This Forum is an annual event organized by Mermaid to provide an opportunity for Mermaid’s shareholders,
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      135 17 Myanmar Civil Aviation Development Conference 2014 24 26 March 2014 I Yangon, Myanmar Group booking is available too! Enjoy up to 20% discount* if you sign up in groups of 3 or 6. Terms and conditions apply To register, visit www.mcadc.sphereconferences.com or contact Jiahui at jiahui@sphereconferences.com or +65 6848 5378
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      32 17 BUY, SELL OR RENT. STCARS At STCars.sg, your ideal car isn't hard to find. Browse over 25,000 listings of new, used rental cars, commercial vehicles. f STCars.SG I, p •AppStore o STCARS
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      86 18 CATS Recruit Scholars'Choice 2014 In The Straits Times Engag the of minds futu our re With the upcoming publication of the 22" d installment of The Straits Times CATS Recruit Scholars'Choice, it is clear that this advertising feature remains a distinctive platform from which organisations can showcase their prestigious scholarship
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  • AVIATION/SHIPPING
    • Article
      Lock icon In-flight cellphone use – it’s the airline’s call
      882 20 In-flight cellphone use it’s the airline’s call Aircraft interference no longer an issue, it’s still a business decision for carriers AP [NEW YORK] The US Federal Communications Commission (FCC) might be ready to permit cellphone calls in flight. But what about the airlines? Old concerns about electronics being a danger
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      Lock icon It’s engines that drive big aircraft orders
      700 20 Improvements in fuel economy boosting jet sales AFP [PARIS] Behind the eye-pop-ping aircraft deals Boeing received over a US$100 billion in orders at the recent Dubai air show it is in large part the engine makers who are driving the mega sales, say
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    • Article
      Lock icon Boeing warns of engine icing risk on 747-8s, Dreamliners
      356 20 Reuters [SEATTLE] Boeing advised airlines on Friday about a risk of engine icing problems on its new 747-8 and 787 Dreamliner planes with engines made by General Electric (GE), urging 15 carriers to avoid flying them near high-level thunderstorms. The warning
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    • Article
      Lock icon Iceland firm offers to export water in supertankers
      524 20 Bloomberg [LONDON] An Icelandic entrepreneur says his company may have a novel solution to the world’s water shortages: Transport the North Atlantic island’s abundant supplies in supertankers to where they’re needed. Aqua Omnis ehf, a Rey-kjavik-based company, plans to ship water from
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    • Article
      Lock icon TRANSPORT STOCKS
      242 20 SGX '000 Nov 22 S$ +/-Vol Ch Offshore '000 Chuan Hup Hldg 0.26 0.01 342 s$ Cwt Limited 1.26 unch 569 Vol First Ship Lea unch unch 0 Freight Links Grand Banks 0.22 unch 35 Jaya Hold Ltd 0.26 K1Ventures 0.20 unch 410 Keppel Corp 11.16 0.05 3505
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  • Page 20 Miscellaneous
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      317 20 CRYPTIC CROSSWORD Across 1 Stint with Surrey’s opener at crease (6) 5 Return in rally (8) 9 Manager is upset about side making attacks on reputation? (5,8) 10 Is shy after misbehaving with proper tantrum (5,3) 11 Departs on the Spanish train (6) 12 Like Jack Dawkins in painting almost
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  • DINING OUT
    • Article, Illustration
      Lock icon Modern Asian perch
      757 21  -  Ku De Ta’s new chef adds a contemporary twist to Pan-Asian cuisine, writes DEBBIE YONG debyong@sph.com.sg NEW CHEF Ku De Ta 1 Bayfront Avenue, SkyPark at Marina Bay Sands Tel: 6688 7688 Open: Lunch 12noon till 3pm (Monday Friday); Dinner 6pm till 11pm; (Daily) Brunch 11am till
      PHOTOS: KU DE TA SINGAPORE`  -  757 words
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      539 21 Course Objective In the present confusing economic and financial scenario characterized by volatile stock markets and even more volatile stock price movements, you need to have an advantage in stock trading. Technical Analysis will give you that winning advantage in stock transaction timing! Amidst the market uncertainties, it is now
      539 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      3472 22 Week ended: Nov 22 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 Last AAT Week Last Quote Div GrYld Net M Cap High Low Company 75 57 ASL Marine 66 unch 329 66.5
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      Lock icon SGX CATALIST
      361 23 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 $mil Last Vol 2.4 1.1 t Advanced System 1.1 unch 1400 1.2 1.1 1.1 1.2 17.5 Last Quote Div Gr Yld Net M Cap High
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      Lock icon STRAITS TIMES INDEX STOCKS
      118 23 Stock name Close Change CapMallsAsia 2.030 +0.030 CapitaLand 3.030 -0.020 CapitaMall 1.950 -0.005 CityDev 10.01 +0.020 ComfortDelGro 1.940 +0.030 DBS Grp 17.09 +0.100 GLP 2.980 +0.020 Genting SP 1.435 +0.010 Golden Agri 0.585 +0.005 HK Land 6.030 -0.070 Stock name Close Change HPH Trust US$ 0.680
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      Lock icon STOCKS ASIA
      2004 23 Transaction date: Nov 22 HONG KONG Vol HK$ +/-'000 Aeon Credit Vol '000 Angang Steel 5.20 unch ***** Anhui Conch Anhuiexpresswa 4.40 -0.02 793 Asia Satellite 30.50 unch 5 Asm Pacific -0.06 2 Avic Int'L 5.20 Baiyunshan Ph ***** Bank Of China 3.73 0.04 *****9 Bank Of E
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      Lock icon GLOBALQUOTE
      264 23 52-Wk Last Vol Week Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 61 27 AVJennings A59 +2 106 59 57 57 60 3.6 5.9 4.8 218.4 52 31 Genting HK US$ US40.5 -1 ***** 42 40.5 40.5 41 2666.7
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    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 23 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 6 7 2 0 0 0 6 7 2 Manufacturing 60 97 28 8 17 12 68 114 40 Commerce 16 38 25 5 11 1 21 49 26 Tpt/Stor/Comms 10 24 8
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      Lock icon SGX ETF
      1025 23 52-Wk Last Vol Week Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 125 107.1 ABF SG Bond ETF Last 143 127.7 CIMB APAC Div 100S$D 127.9 129.2 130.1 114.4 99.2 CIMB APAC Div 100US$ US103.6 103.4 104 10.9
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      Lock icon SECURITIES TRADING TURNOVER
      121 23 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 53,715 53,715 269,696 269,696 Manufacturing 1,109,739 1,261,290 2,371,029 615,230 43,048 658,278 Commerce 987,905 567,564 1,555,469 372,127 44,986 417,113 Tpt/Stor/Comms 518,935 69,808 588,743 684,811 9,613 694,424 Finance 252,808 2,444 255,252 617,353 782 618,135 Construction 226,430 221,787
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      26 23 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
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      Lock icon SGX DERIVATIVES TRADING
      670 24 Nov 22 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.45 *****.39 *****.44 Dec13 *****.00 *****.00 *****.00 *****.00 *****8 *****2 Mar14 *****.00 *****.00 *****.00 *****.00 582 1936 MSCI TAIWAN INDEX FUTURES SPOT 284.78 286.42 284.64 Nov13 283.90 285.60 283.60 284.50 ***** *****7 Dec13 283.40
      670 words
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      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      373 24 In local curr In S$ In US$ dy yr dy yr dy yr Nov 22 Index Change Change Change Change Change Change World Preliminary 1157.5 0.2 23.4 0.4 24.0 0.3 21.1 EAFE Preliminary 939.0 0.2 21.2 0.5 19.6 0.4 16.8 Europe Preliminary 1336.7 0.1 16.5
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      Lock icon INTERBANK CROSS RATES
      471 24 Nov 22 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.969 5.603 0.681 7.129 57.864 107.834 0.929 9.754 2.957 1.119 98.938 40.334 1.149 9.303 0.839 27.179 29.277 0.567 0.920 Canada 1.031 5.779
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    • Article
      Lock icon SIBOR
      38 24 Nov 22 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 12 mths 0.***** 0.***** SWAP Offer rates (S$) (S$) 3 mths ..0.***** Source: Thomson Reuters
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      Lock icon GOVERNMENT SECURITIES
      82 24 Nov 22 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 6-Month BS*****A 16-May-14 0.27 1-Year BY*****T 31-Oct-14 0.28 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0W 1.13 01-Apr-16 101.82 5-Year N*****0T 0.5 01-Apr-18 99.59 10-Year NX*****H 2.750 01-Jul-23
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      Lock icon PRECIOUS METALS
      133 24 Nov 22 GOLD(US$/oz) Nov 22 Nov 21 Hong Kong 1254.00 1255.00 Nov 22 Nov 21 London 1245.01 1241.56 1245.78 1242.33 Source: Thomson Reuters CAST BAR Nov 22 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 113 50 5gm 320 250 10gm 571 500
      133 words
    • Article
      Lock icon PALM OIL
      57 24 Nov 22 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Dec 13 2665.0 2653.0 2667.0 2635.0 253 4526 Jan 14 2679.0 2652.0 2688.0 2630.0 6436 ***** Feb 14 2679.0 2653.0 2692.0 2631.0 ***** ***** Mar 14 2671.0 2652.0
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      155 24 Nov 22 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1488 1.1497 0.9193 0.9197 Canadian dollar 1.1852 1.1857 0.9485 0.9484 Euro 1.6866 1.6874 1.3496 1.3498 NZ dollar 1.0271 1.0278 0.8219 0.8222 Sterling pound 2.0260 2.0273 1.6212 1.6217
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    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 24 As at 9am Nov 22 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.181 1.125 Can dollar 1.210 1.164 Euro 1.724 1.642 Sterling pound 2.061 1.982 NZ dollar 1.052 1.012 US dollar 1.275 1.215 Local dollars to 100 units of foreign
      121 words
    • Article
      Lock icon INTERBANK RATES
      157 24 Nov 22 $S Offer Bid 0vernight 0.03 0.01 1-month 3/8 1/4 2-months 3/8 1/4 3-months 7/16 5/16 Overnight mode: 0.07 US$ Offer Bid 7 days 0.20 0.10 1 month 0.26 0.16 2 months 0.40 0.20 3 months 0.45 0.25 6 months 0.50 0.30 9 months 0.60 0.40 12
      157 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      1305 24 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 Conv Asia-Pacific Strategic W*****6 Exer Acma Ltd W*****7 Prem Albedo Limited W*****9 Ascendas Reit MB ECW*****3 2.9 0.2 240 4 Asiatic Grp(Hldgs) Ltd W*****5 2.1 -0.1 326 0.0
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    • Article
      Lock icon CHICAGO BOT
      108 24 Nov 22 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jan 14 1319.50 1291.50 1322.00 1290.50 Mar 14 1306.00 1279.75 1307.25 1278.25 May 14 1290.50 1266.00 1291.00 1265.00 Jul 14 1284.00 1260.75 1284.25 1259.50 SOYBEAN OIL (60,000 lbs; US cent/lb) Close Previous High/Low Dec 13
      108 words
    • Article
      Lock icon LIFFE
      94 24 Nov 22 COCOA (£/tonne) Close Prev High Low Dec 13 1763 1770 1779 1754 Mar 14 1765 1770 1779 1753 May 14 1760 1764 1774 1747 Jul 14 1753 1758 1767 1743 COFFEE(US$/tonne) Close Prev High Low Nov 13 1564 1587 1551 1551 Jan 14 1576 1599 1623 1546
      94 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      70 24 CRUDE OIL PRODUCTS Nov 21 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 109.14 1.22 WTI (Near Mth) 94.82 1.54 Dubai (1-Mth F) 104.57 1.19 Tapis blend 113.53 1.87 Minas 107.73 1.87 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 104.58 1.52 Jet Kerosene 122.55 0.84 US$/barrel OpecOil Basket
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    • Article
      Lock icon US$/S$ FORWARD RATES
      22 24 Nov 22 S$ Bid Offer 1-month 1.2497 1.2501 2-months 1.2496 1.2500 3-months 1.2496 1.2500 6-months 1.2492 1.2497 Source: OCBC
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    • Article
      Lock icon LONDON METALS
      65 24 Nov-22 Nov-22 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1737.75 1738.75 3 months 1782.00 1785.00 Copper, Grade A(US$/tonne) Cash 7098.00 7024.00 3 months 7095.00 7020.00 Lead(US$/tonne) Cash 2086.50 2068.25 3 months 2107.00 2088.00 Nickel (US$/tonne) Cash *****.25 *****.25 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00 3 months
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  • Article
    Lock icon SHIPPING TIMES
    2409 25 Papua New Guinea Australia New Zealand New Caledonia Fiji all other Pacific Islands Dili (East Timor) Guam (Mariana Islands) Honolulu (Hawaii) SOUTH PACIFIC SERVICE W W W. N G P L J S P. C O M THE CHINA NAVIGATION CO. PTE. LTD. 300 BEACH ROAD #02-02 THE
    2,409 words
  • Page 25 Advertisements
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      43 25 FREIGHT FORWARDER urgently needed by shippers Can they find your services here in the 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 TIMES Shipping Times
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      Lock icon Page 25 Advertisements Column 2
      18 25 USE THIS SPACE TO SELL CALL JOE WONG AT 9620 1327 TO ADVERTISE The Business Times Shipping Dmes
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      Lock icon Page 26 Advertisements Column 1
      132 26 mporters coking for Warehouse Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE WONG AT *****327 II I FREIGHT FORWARDER urgently needed by shippers 1 Can they find your services here in the Shipping Times? The Business Times TO ADVERTISE. CALL JOE WONG AT 9620
      132 words
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      Lock icon Page 26 Advertisements Column 2
      18 26 USE THIS SPACE TO SELL CALL JOE WONG AT 9620 1327 TO ADVERTISE The Business Times Shipping Times
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      27 27 Maximise Productivity with Singapore's Fastest Broadband. Fiberner Lite 200Mbps at $248/month A 'I Contact Us Now! Connectivity Managed Services OneVoice TM Co-location VIEWvXWEST V* 6723.8100 corporate@viewqwest.com www.corporate.viewqwest.com
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  • BizIT THE BUSINESS OF INFOCOMM TECHNOLOGY
    • Article, Illustration
      Lock icon AWS warms up to hybrid clouds
      839 28  -  It acknowledges customers’ concerns about data security and sees hybrid as a good middle ground satisfying needs, reportsVICTORIA VICTORIA HO AMAZON’S cloud services arm, Amazon Web Services (AWS), has been making efforts to appease customers wanting their “hybrid clouds” as more companies feel more
      839 words
    • Article
      Lock icon Customers using 4 different channels to contact one organisation: survey
      854 28  -  Video chat as customer service tool gains traction By ADELINE TAN CUSTOMERS are contacting one single organisation at least 15 times in a three-month period, and are using almost four different channels to do this, according to the Avaya Asia
      854 words
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      Lock icon Asia firms lag in spending on digital marketing
      764 28  -  By VICTORIA HO AS attention shifts from traditional media to online channels, the marketing budget should also shift accordingly. But while their western counterparts are doing it, the Chief Marketing Officer (CMO) Council says that Asian companies are not keeping up with
      764 words
    • Article, Illustration
      Lock icon No need for phone numbers with CallmyName app
      356 28 [SINGAPORE] Soon, consumers will not need to remember the telephone number to dial to get their favourite pizza delivered, or the telephone number of their family clinic. For that matter, many other telephone numbers. All they need to do when they want
      356 words
    • Article
      Lock icon Japan, US firms team up to make MRAM chips
      204 28 AFP [TOKYO] More than 20 Japanese and US chip makers will jointly develop technology to mass-produce a next-generation semiconductor using MRAM (magnetoresistive random access memory), the business daily Nikkei reported yesterday. US chip giant Micron Technology and Tokyo Electron of Japan
      AFP  -  204 words
    • Article, Illustration
      Lock icon Intel predicts a software-defined future for Asia
      783 27  -  The company hopes to play a major role in SDDCs and use of Big Data analytics By KEVIN KWANG NEXT year will see a distinctively software-driven IT industry as companies come to grips with trends such as software-defined data centres (SDDCs) and the
      783 words
    • Article
      Lock icon Ageing data centres hinder S’pore’s smart city ambitions
      679 27  -  By KEVIN KWANG READILY available and accessible computing infrastructure has a “symbiotic relationship” that includes data centre facilities and the development of smart cities. However, older data centres sited in Singapore are siphoning too much energy and are becoming a drag on
      679 words
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      Lock icon Attacks on websites a wake-up call for Singapore: McAfee
      880 27  -  By ADELINE TAN THE recent spate of attacks on websites in Singapore may have organisations looking harder at their cyber defences but Michael S en t onas M c Af ee s vice-president and chief technology officer for Asia Pacific, says
      880 words
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      Lock icon Viber gets swept up by sticker revolution
      618 27  -  Many ‘designed for users in Asia’, says CEO/founder Marco By VICTORIA HO YOU may have noticed a crop of new custom emoticons in your mobile chat apps. Chat software makers call them “stickers”, and companies think they’re the main key to making money
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