The Business Times, 24 January 2011

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1 30 The Business Times
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  • Title Section
    Lock icon Masthead
    23 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 138/08/2010 Monday, January 24, 2011
    23 words
  • Article, Illustration
    Lock icon Three trends put art auctions in the frame
    666 1  -  Singapore going places in rankings of world’s top art collection capitals By LYNN KAN [SINGAPORE] Singapore doesn’t come to mind as an art collection capital off the top of people’s heads at least not yet. But after the top-billing art fair Art
    REUTERS  -  666 words
  • Article
    Lock icon S’pore plays a deft hand in casino junket licensing
    1059 1  -  According to industry circles, it is breaking new ground with its very robust approach to regulation By GRACE LEONG [SINGAPORE] In a bid to ensure that Singapore’s two integrated resorts are among the cleanest in the industry, the government has set
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  • Article
    Lock icon MARKETS DIGEST
    157 1 BT ONLINE BT print subscribers get free access to BT Online at www.businesstimes.com.sg. For more information, e-mail btocs@sph.com.sg or call 6388-3838. MARKETS Weekly Change ST Index 3,184.60 -61.36 KL COMP 1,547.43 -22.46 NIKKEI 225 10,274.52 -224.52 HANG SENG 23,876.86 -406.37 SET INDEX 1,006.57 -25.69 JAKARTA COMP 3,379.54 -189.60
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  • TOP STORIES
    • Article
      Lock icon Transfer pricing back in focus as govts tighten up
      613 2  -  Firms need to adjust to tough regulatory environment By MICHELLE QUAH [SINGAPORE] Transfer pricing which determines a significant portion of the taxable profits of companies in various jurisdictions has become an even greater concern, and remains a key tax challenge, for
      613 words
    • Article
      Lock icon Man Investments (Singapore) Pte Ltd
      18 2 ISIN-CODE NAME NAV DATE LU********** Man AHL Trend SGD Share SGD 98.85 17.01.11
      18 words
    • Article, Illustration
      Lock icon General election date is still pretty much up in the air
      635 2 PM Lee says he’s not decided yet, in wake of comments from other quarters [SINGAPORE] Prime Minister Lee Hsien Loong has not decided when Singapore’s General Election would be. “It can be next year until February. We haven’t decided
      CHEW SENG KIM/THE STRAITS TIMES  -  635 words
    • Article, Illustration
      Lock icon Deutsche Bank economist reckons 2011 will be a surprisingly good year
      1091 2  -  Interest rate hikes the wrong response to food price inflation, he says By ANNA TEO [SINGAPORE] Even with the spectre of rising food prices across Asia at least for the first half of the year 2011 will likely turn
      1,091 words
    • Article
      Lock icon THREE-MINUTE DIGEST
      507 2 S’pore’s deft hand in junket licensing IN A bid to ensure that Singapore’s two integrated resorts are among the cleanest in the industry, the government has set new regulatory standards in junket licensing the likes of which, some gaming insiders say, are unprecedented. Spectrum Gaming Group, a US-based
      507 words
    • Article, Illustration
      Lock icon Stocks look vulnerable as Wall St braces for big week
      775 4  -  Investors face major earnings results, Fed meeting, president’s address, GDP report By ANDREW MARKS in New York AFTER an unexpectedly tough week for stocks, Wall Street traders left their desks for the weekend with an unfamiliar feeling ahead of a
      AP  -  775 words
    • Article
      Lock icon ANZ moves right along, adds 500 staff in S’pore
      412 4  -  Main focus now is to build up businesses it acquired from RBS By CONRAD TAN [SINGAPORE] Eight months after entering Singapore’s consumer banking market, Australia and New Zealand Banking Group (ANZ) has added some 500 staff to its headcount and plans
      412 words
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      160 2 LUXURY TOURS TRAVEL PTE LTD A The Leading Operator k 'A Established 1985 K-AW? "Fullfilling your requirments with finesse" Our experienced team of planners takes charge right from the start. We offer you the best venues available, suggestions settings. These include transportation, meals, sightseeing tours tourist guides. Our services at
      160 words
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      75 3 A NEW FACE IN TIME IHr w PRESENTING THE NEW BULGARI, DANIEL ROTH GERALD GENTA COLLECTIONS DISCOVER THE MYSTERY OF THE GRAND SONNERIE IN THE WORLD OF HOROLOGY WITH DEMONSTRATIONS BY BU LG ARTS MASTER WATCH MAKER FORUM SESSIONS WITH RENOWNED WATCH EXPERTS. TO REGISTER FOR THE DEMONSTRATION FORUM SESSIONS,
      75 words
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      122 4 Congratulations to mTTrnJlullR3W Parafoil Design Engineering Pte Ltd for the successful design installation of FloodSentri™ flood barrier system at Liat Towers, Orchard Road, the world's first flood barrier system that forms a continuous wall against flood without electrical supply rWW* normally closed [Si Activation />? \A ir activated "The FloodSentri™
      122 words
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      397 5 Citigold Your global status. Recognition. Powered by Citi. At Citigold, our conversation with you continues wherever you are. So even when you're travelling, you will be able to enjoy unrivalled global recognition and privileges. You can transfer funds instantly across Citibank accounts worldwide with Citibank Global Transfer*, and enjoy greater
      397 words
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  • COMPANY NEWS
    • Article
      Lock icon Four companies issue profit guidances
      462 6  -  Small clutch of warnings indicate generally buoyant year for 2010 earnings By LINETTE LIM IN the lead-up to the earnings season, profit warnings have been few and far between from companies listed on the Singapore exchange so far. Since December, only a handful of small
      462 words
    • Article
      Lock icon At a glance
      281 6 Full year and Q4 results ended Dec 2010 Q4 ended Dec 2010 Full year ended Dec 2010 NET PROFIT CURRENT PREVIOUS CHNG CURRENT PREVIOUS CHNG (S$m) (S$m) NET PROFIT TURNOVER CURRENT PREVIOUS CHNG CURRENT PREVIOUS CHNG (S$m) (S$m) TURNOVER 1 CapitaMall Trust 304.94 281.97 8.1 581.12 552.70
      281 words
    • Article
      Lock icon Keppel FELS wins rig contracts worth US$360m
      490 6  -  Deal could be worth over US$730m if client exercises option for more rigs By KALPANA RASHIWALA KEPPEL FELS has clinched new orders from New York-based Clearwater Capital Partners, LLC to build a pair of premium KFELS B Class jackup rigs at US$360 million.
      490 words
    • Article, Illustration
      Lock icon RAISING MONEY, TOUCHING LIVES
      64 6 Singapore Telecommunications has raised $2.48 million in 2010 through its philanthropy programme, the SingTel Touching Lives Fund (STLF). The amount was raised through various initiatives such as the SingTel Charity Golf, employee donations and corporate contributions. Since its launch in 2002, STLF has raised and contributed
      64 words
    • Article
      Lock icon Release of results for full year ended Dec 2010
      124 6 COMPANY DATE Keppel Land Jan 24 Parkway Reit Jan 24 Keppel Corp Jan 25 CapitaRetail China Trust Jan 26 CDL Hospitality Reit Jan 26 Osim International Jan 26 Starhill Global Reit Jan 26 BH Global Jan 27 Cache Log Trust Jan
      124 words
    • Article
      Lock icon PRIME LENDING RATES
      403 6 Jan 21 BANKS Agricultural Bank Of China 5.5 ANZ Banking Group 6 Arab Bank PLC 5.5 Banco Bilbao Vizcaya Argentaria, S.A. 6 Bangkok Bank 6 Bank Julius Baer Co. Ltd(S) 5 Bank of America NA 5 Bank of China Limited 5.5 Bank of Communications 5.5 Bank of
      403 words
    • Article
      Lock icon Grey areas of disclosure that need fixing
      742 11  -  HOCK LOCK SIEW By R SIVANITHY AN EXPERIENCED investor and regular BT letter writer recently asked quite legitimately why it is that the identities of large shareholders are often hidden behind nominee accounts when these shareholdings are reported in annual reports. In a
      742 words
    • Article
      Lock icon COMPANY MEETINGS
      359 11 COMPANY MEETING PLACE DATE TIME MFS Tech A 22 Tuas Avenue 8, Singapore *****7 24-Jan 11.30am Frasers Centrept Tr A Alexandra Point, Level 2 438 Alexandra Rd Singapore *****8 24-Jan 2.30pm Craft Print Intl A 9 Joo Koon Circle, Singapore *****1 25-Jan 10.00am Radiance Grp E Suntec Singapore
      359 words
    • Article
      Lock icon Inno-Pacific full-year earnings slip 2.5%
      369 11  -  $6.5m net profit due mainly to fair value gain from trading investments By KALPANA RASHIWALA INNO-PACIFIC Holdings posted a 2.5 per cent drop in full-year group net earnings to $6.5 million. It posted a profit for the period due mainly to a fair value gain
      369 words
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      848 6 :»ATci i r" F Toll free: 1800-289-8822 Email: notices@sph.com. NOTICES Industrial Government Land Sale: Land Parcel at Ubi Road 1 Ubi Avenue 4 Site Information Location Land Area Tenure GPR Zoning Ubi Road 1 Ubi Avenue 4 (see shaded portion) 12,378 sqm 60 years 2.0 2.5 Business 1 Submission of
      848 words
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      443 6 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF VALUE HEALTH INTERNATIONAL PTE. LTD. (UEN: *****7014R) NOTICE OF RESOLUTIONS FOR MEMBERS’ VOLUNTARY WINDING UP (PURSUANT TO SECTION 290) At an Extraordinary General Meeting of the members of Value Health International Pte. Ltd., the Company, duly
      443 words
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      330 6 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF TAMPINES PROPERTIES PTE LTD (IN MEMBER'S VOLUNTARY LIQUIDATION) (COMPANY REGISTRATION NO. *****7337H) NOTICE OF FINAL MEETING Notice is hereby given that pursuant to Section 308 of the Companies Act, Chapter 50, the Final Meeting of the
      330 words
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      98 6 LOST SHARE CERTIFICATES The following share certificates have been reported lost, destroyed or mislaid:Name of Company Certificate No. In the Name of No. of Shares ComfortDelGro *****10 Ng Mew Hiam 12,698 Corporation Limited SBS Transit Ltd *****01 -do-1,200 NOTICE IS HEREBY GIVEN that if within fourteen (14) days from the
      98 words
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      1259 7 AT INTERCONTINENTAL BALI RESORT, AN INSPIRING MEETING STARTS WITH AN INSPIRING VENUE. Wi t h t h e n e w INTERCONTINENTAL MEETINGS programme, meeting planners can plan their meetings seamlessly, even before they get to Bali. For instance, the hotel’s professional events team will respond to all pre-meeting enquiries
      1,259 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon A glint in the eye of contrarians
      731 8  -  STOCKS R SIVANITHY Senior Correspondent READERS who followed the views of broking houses issued at the end of 2010 and the start of 2011 would know that all were unanimously bullish on equities. To be sure, some degree of bias would have been
      731 words
    • Article
      Lock icon Weak US dollar drives copper, oil higher
      639 8 COMMODITIES Reuters [NEW YORK] A weak US dollar drove copper and oil up on Friday and strong export demand for US wheat sent the grain to 51/2month highs, helping commodities end the week higher despite a sell-off in the previous session. The 19-commodity
      Reuters  -  639 words
    • Article
      Lock icon Euro at two-month high against greenback
      380 8 CURRENCIES Reuters [NEW YORK] The euro hit a two-month high above US$1.36 on Friday and its break of important technical levels suggested more gains to come now that anxiety about a eurozone debt crisis has started to wane. The euro has outperformed the US
      Reuters  -  380 words
    • Article
      Lock icon BROKERS’ RECOMMENDATIONS
      1497 8 Consensus No. of Forecast Mean Fri’s recommendation esti-EPS PE target price Company name This wk Last mth mates (cents) (ratio) price Allgreen Properties 2.58 2.58 12 10.81 10.45 1.39 1.12 Amtek Engineering 2.00 2 14.25 9.05 1.56 1.33 ARA Asset Mgt 2.25 2.25 4 8.23 21.76 1.69 1.76
      1,497 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 8 WEEKLY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      65 8 Jan 21 VALUE CLOSE BT OB/OS -407.00 BT CADI -*****.00 -51.00 BT 10-day MA -*****.00 -41.00 FTSE ST Mid Cap 816.26 -2.50 FTSE ST Small Cap 609.13 -0.99 FTSE ST All Share 793.72 -4.51 FTSE ST China Top 302.72 -0.47 FTSE ST China 328.00 -0.63 FTSE ST
      65 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      57 8 VOLUME Golden Agri 712,612,000 Genting SP 300,274,000 Contel 235,035,000 RafflesEdu 224,297,000 BerlianLaju 216,155,000 Transcu Grp 197,316,000 *Genting HK US$ 187,098,000 NexGenSCom 164,652,000 FirstRes 162,021,000 ChinaGaoxian 131,757,000 VALUE($) Genting SP 654,688,628 Golden Agri 531,625,430 DBS Grp 335,096,391 OCBC Bk 293,909,524 Noble Grp 281,797,229 SGX 251,796,113 OUE 249,278,640 FirstRes
      57 words
    • Article
      Lock icon RISES
      114 8 BY CENTS CLOSE UP DBXT E50 10US$ 4324 318.7 6.1 DBXT FTVietnam 10US$ 3836 158.1 3.3 IS S&P500 ***** 134.9 0.8 Asia Pac Brew 2090 100.0 5.0 Lyxor Europe 10 US$ 1342 45.0 2.7 UOB 5.05%NCPS 100 ***** 38.0 0.4 DBXT MSJAP 10US$ 4106 37.3 0.7 SGX.ES.1101 866 30.0
      114 words
    • Article
      Lock icon FALLS
      116 8 BY CENTS CLOSE DOWN GLD 10US$ *****-282.7 -1.6 JMH 4420-282.7 -4.7 DBXT Nifty 10US$ *****-245.4 -1.5 JSH 2708-177.3 -4.8 DBXT MSAsExJp 10US$ 3340-119.5 -2.7 Jardine C&C 3442-118.0 -3.3 DBXT MSKorea 10US$ 5995-102.8 -1.3 DBXT MSINDO 10us$ 1222 -97.7 -5.9 DBXT MSTHAI 10US$ 1521 -96.4 -4.7 DBXT FTChina25 10US$ 3180
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    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 8 WEEKLY
      5 words
    • Article
      Lock icon DIVIDENDS ANNOUNCED
      438 10 Payment Ex Books Pay Ann (cts) date close date date Ascendasreit ao 3.290 21-Jan 25-Jan 28-Feb 17-Jan Ascott R Trust ad 1.690 27-Jan 31-Jan 28-Feb 21-Jan Ascott R Trust ao 0.560 27-Jan 31-Jan 28-Feb 21-Jan Ascott R Trust aq 0.020 27-Jan 31-Jan 28-Feb 21-Jan Asia Pac Brew ak
      438 words
    • Article, Illustration
      Lock icon Trading activity by directors remained low
      1212 10  -  INSIDE MARKETS By ROBERT HALILI The writer is managing director, Asia Insider Limited THE trading activity among directors remained low last week with only 22 transactions worth $2.6 million, based on filings on the exchange in the third week of January. The number of
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      127 9 LEE ON INTERNATIONAL RELATIONS 'A total disaster.' -The war in Iraq 'Anything we do makes them unhappy.' Singapore and its neighbours The more successful they are, the less they will think of you and the more they will treat you with condescension.' -On China IYDIA Un KEEP SINGAPORE GOING 1
      127 words
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      59 10 When SMEs compete, at least they agree on one issue January/February issue out now! Available at all petrol stations (except Caltex) and all major bookstores To subscribe ($30 for six issues delivered to your office or home), please call 6388-3838 ASK TO ENROL MORE STUDENTS Online advertising made simple affordable
      59 words
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      Lock icon Page 10 Advertisements Column 2
      113 10 Most comprehensive horse racing tabloid VictoryrTrail Bilingual content One race card shows it all Ｊockey silk on every race card On Sale: Every Tuesday,Thursday Friday 第 22 期 $2.50. (Incl GST). 2011 年 1 月 8/9 日星期主除 P2 新加赛专访 P15 Distribution: Available
      113 words
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      21 10 GOOD GAINS Let your investors know by advertising your financial results in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg.
      21 words
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      191 11 Singapore Hongkong Daily Flights Business Class Promotion Pay ONE for TWO! SGD 3,060 Departure period 15 Jan 2011 to 26 Mar 2011 To celebrate the launch of our Singapore Hong Kong route on 15 Jan 2011, Hong Kong offers a special "Pay ONE for TWO" promotion for all Business Class
      191 words
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      95 11 SEMINAR: The Business Environment and Opportunities in Iskandar Malaysia Discover the benefits of expanding your business Overview of Iskandar Malaysia Incentives, Rules and Regulations by Malaysia Industrial Development Authority, Johor (MIDA, Johor) Investment Opportunity with Setia Business Park Date: Tuesday, 25 January 2011 Time: 3.00 pm 5.00 pm (please be
      95 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Freehold factory building sold for $36m
      492 12  -  Family-owned concern said to have bought the Jalan Pemimpin property By KALPANA RASHIWALA SIN Cheong Building, an ageing six-storey freehold flatted factory building at Jalan Pemimpin, is changing hands for about $36 million. A Singapore familyowned concern is said to have inked a deal
      492 words
    • Article
      Lock icon Asia’s debt outlook stable: Moody’s
      353 12  -  By CONRAD TAN SOVEREIGN credit ratings in Asia are expected to be able to withstand the fallout from the European debt crisis well, according to rating agency Moody’s. “Asia is fairly immune to contagion arising from the peripheral European countries,” Tom Byrne, Moody’s senior VP
      353 words
    • Article
      Lock icon Engineering, construction firms facing tight margins: survey
      306 12  -  By EMILYN YAP THE BULK of engineering and construction firms around the world have seen margins for new projects drop or remain the same, amid stiff competition in the industry, says a new KPMG survey on sentiments this year. As many as 31
      306 words
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      382 12 w"" Gourmet Signatures Embark on an epicurean adventure across Asia with prominent Asian Master Chefs flown in especially for Asian Masters. AS IAN M A T R Gourmet Culture Lifestyle Proudly Presented by AMERICAN EXPRESS •V, An Evening of Fine Cuisine Fashionable Jewellery Date: 27 January Time: 7pm Venue: Rang
      382 words
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  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • Article, Illustration
      Lock icon Pitfalls to look out for when investing in art
      812 13  -  NG CAI LIN considers some of the unique factors that contribute to the outlook for the art market NG CAI LIN The writer is a recent graduate of the Singapore Management University and the co-founder of Artyii, an online community for
      812 words
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      Lock icon The greener, green grass of home
      779 13  -  CAMPUS LIFE By TAN CHEE YONG The writer is an undergraduate at the National University of Singapore’s Division of Environmental Science Engineering, under the Faculty of Engineering YOU could say that becoming a National University of Singapore (NUS) environmental engineering undergraduate has amplified my
      FILE PHOTO  -  779 words
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      271 13 Be smart with your finances FANCY becoming the next Warren Buffett or George Soros? Or even the famous Robert Kiyosaki? Then read on. The Young Investors’ Forum, part of the BT-Citibank Tertiary Outreach Programme, isn't another dry page out of your financial textbook. To complement our editorial content, we have
      271 words
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  • VIEWS FROM THE TOP
    • Article, Illustration
      Lock icon Avoiding bubble trouble
      2913 14 THIS WEEK’S TOPIC What are the key areas that need to be addressed in tackling rising inflation? What measures would you like to see in the coming Budget that address the issue of inflation, and the problems generally faced by low-income groups? Eberhard Wedekind President Volvo Group/CE
      REUTERS  -  2,913 words
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      275 15 Trading Tools Should Be Easy It's What Smart Traders Deserve optionsXPRESS STOCKS.OPTIONS HIIUKli-SlNUAl>UKt Questions? We have answers. +65 6536 3922 LOG OFF fl Open Another Account Account Positions of 7/29/2010 11:18:16 AM ET. #1 Views Custom View I- SYMBOL Underlying DESCRIPTION QTY COST BASIS PRICE CHANGE GAIN I LOSS C
      275 words
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      226 15 Master of Science in Applied Economics V SMU School of Economics SINGAPORE MANAGEMENT UNIVERSITY Can the falling greenback shrink the red packet? J N _X I x d r <s vn Falling US Dollar Reduced exports to the US Jobs lost .1 ll Aj LLAK3 SNgapO Wage freeze Reduced wedding
      226 words
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  • MALAYSIA
    • Article, Illustration
      Lock icon Will polls take a toll on economics ?
      660 16  - Will polls take a toll on economics MALAYSIA INSIGHT PAULINE NG KL Correspondent MALAYSIA, which is set to hold its 14th by-election at the end of this month, will be preparing for another following the death of Merlimau state assemblyman Mohd Hidhir Abu Hassan last week. But there could be
      660 words
    • Article
      Lock icon Government acts to curb inflation with further measures
      718 16 Malaysia’s inflation rate rose to 2.2% year-on-year in Dec Bernama [PUTRAJAYA] Despite the high inflation rate recorded by many of the emerging markets recently, due to a rise in global commodity and food prices, price increases in Malaysia still remain to be
      Bernama  -  718 words
    • Article
      Lock icon Sukuk recovery bodes well for Islamic finance
      488 16 Bloomberg [KUALA LUMPUR] The month-long rally in Malaysia’s sovereign Islamic bonds is paving the way for a revival in issuance of Sya-riah-compliant notes. The yield on the government’s 3.928 per cent dollar sukuk due in June 2015 fell to 2.87 per cent, down
      Bloomberg  -  488 words
    • Article
      Lock icon BURSA MALAYSIA
      1940 16 VOL Jan 21 RM +/-(‘000) A M Realty 0.54 unch 49 Abric Bhd 0.41 unch 889 Advance Synerg 0.24 -0.01 4722 Adventa Bhd 2.45 0.02 243 Ae Multi Hldgs 0.40 -0.03 1180 Affin Holdings 3.48 -0.02 1152 Ahmad Zaki Res 1.15 -0.05 933 Aic Corp 1.12 -0.04 73
      1,940 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon Australia mulls tough spending cuts in budget
      605 17 ‘Epic’ floods will rank as one of the most costly natural disasters in Aussie history: Swan AFP [SYDNEY] Australian Treasurer Wayne Swan yesterday warned that “epic” flooding that has hit 3.1 million people across the nation would require difficult decisions, even as the
      AFP  -  605 words
    • Article
      Lock icon Greece quashes talk of debt restructuring
      386 17 Central banker says impact more painful than fiscal austerity Reuters [ATHENS] Greece’s central banker said yesterday in a newspaper interview that talk of debt restructuring is hurting the country as it struggles to exit a huge fiscal crisis that has shaken the eurozone. “I
      Reuters  -  386 words
    • Article
      Lock icon Global exports top pre-crisis levels
      268 17 Reuters [GENEVA] World exports have finally topped levels last seen before the global financial crisis that started in 2008, giving a further sign of global economic recovery, figures from the Dutch CPB research institute showed. The credit crunch and subsequent recession led to the biggest
      Reuters  -  268 words
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      154 17 I I f Centre for Asia Pacific Aviation Airline Turnaround of the Year V«# W V V/ V 2010 3 fi "N Garuda Indonesia Awarded to the Asia Pacific airline whose affairs were most significantly transformed for the better L I rV o yopo •t :*\V This Award is Just
      154 words
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  • GREATER CHINA/INDIA
    • Article
      Lock icon China to expand property controls: report
      486 18 Second and third-tier cities to be included in efforts to cool real estate market AFP [BEIJING] China is to expand its limits on property purchases to second and third-tier cities, a report said yesterday, as it steps up efforts to cool its real estate
      AFP  -  486 words
    • Article
      Lock icon Lots of shine in Indian equities: Goldman
      405 18 Reuters [FRANKFURT] Indian stocks remain a clear buy for the next few years because inflation fears and concerns about overvaluation are unjustified, says Goldman Sachs Asset Management’s chief investment officer for India. Thomson Reuters StarMine showed Indian equities trade at 13.5 times estimated
      Reuters  -  405 words
    • Article, Illustration
      Lock icon Hu meets Chinese execs on last day of US trip
      754 18 Midwest welcome reflects region’s desire to attract foreign investment Bloomberg [CHICAGO] China’s President Hu Jintao capped a four-day trip to the US last Friday, using his last official function to meet Chinese executives setting up businesses in the US. After
      Bloomberg; XINHUA  -  754 words
    • Article, Illustration
      Lock icon India set to bump up interest rates again to douse inflation
      611 18 AFP [NEW DELHI] India’s central bank is expected this week to hike interest rates for the seventh time in less than 12 months to clamp down on soaring inflation, as clouds gather over the country’s booming economy. Shares in
      AFP; BLOOMBERG  -  611 words
    • Article
      Lock icon Reliance misses analysts’ estimates in Q3
      443 18 Bloomberg [NEW DELHI] Reliance Industries Ltd, India’s biggest company by market value, posted an increase in third quarter profit that missed analysts’ estimates after natural gas production fell. Net income in the three months ended Dec 31 rose 28 per cent to 51.4 billion
      Bloomberg  -  443 words
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      37 18 纺织、服饰业龙筹股或有不错的表现新年添新衣 CNY may provide boost for textile and apparel S-chips To subscribe, call 6388-3838 or go to sphsubscription.com.sg
      37 words
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  • WORLD
    • Article, Illustration
      Lock icon Davos meeting to focus on changed world
      422 19 The South and East are taking up a bigger seat in this new world AFP [DAVOS, Switzerland] The eurozone’s debt battle and the power shift toward emerging giants like China and India will be at the heart of discussions on a “fundamentally changed
      AFP; REUTERS  -  422 words
    • Article
      Lock icon Four-way fight to lead Irish governing party
      352 19 Ex-foreign minister Micheal Martin is tipped to take over AFP [DUBLIN] Four candidates yesterday launched a battle to lead Ireland’s governing party after troubled Prime Minister Brian Cowen quit the post following a series of crises that forced him to announce snap polls.
      AFP  -  352 words
    • Article, Illustration
      Lock icon Abu Dhabi aims to take lead in ‘green’ causes
      646 19 AFP [ABU DHABI] It floats on a sea of oil in a country that has the largest ecological footprint, yet the futuristic Masdar initiative aims to convince the world of Abu Dhabi’s environmental credentials. On the ground, there are few signs
      AFP; REUTERS  -  646 words
    • Article
      Lock icon UK firms to miss more profit targets
      274 19 Bloomberg [EDINBURGH] UK companies will miss more of their own profit forecasts this year as government spending cuts restrain the economy, business adviser Ernst Young LLP said. Publicly traded companies announced 196 of the so-called profit warnings in 2010, a 12-year low, as
      Bloomberg  -  274 words
    • Article
      Lock icon UK panel unlikely to seek banks’ break-up
      471 19 Separating lenders’ activities worth looking into: chief Reuters [LONDON] Possible reforms to Britain’s banks are unlikely to include a formal break-up of the top lenders, the head of a governmentbacked body probing the sector in the wake of the credit crisis said on
      Reuters  -  471 words
    • Article
      Lock icon Arctic is new frontier for oil and gas firms
      441 19 It holds more than one-fifth of world’s hydrocarbon stocks AFP [LONDON] BP’s deal with Rosneft to jointly explore the Arctic’s huge oil and gas reserves sets out a new frontier in the race for resources, but one that is dogged by
      AFP  -  441 words
    • Article, Illustration
      Lock icon Obama’s union speech to focus on jobs
      695 20 Online preview for Obama supporters says that the economy will be main topic of his speech AP [WASHINGTON] US President Barack Obama said that he will use his State of the Union address to outline an agenda to create jobs now and boost
      AP  -  695 words
    • Article, Illustration
      Lock icon GE’s Q4 income up 51 % to US$4.5b
      509 20 GE’s Q4 income up 51 to US$4.5b NYT [NEW YORK] General Electric (GE) said on Friday that it closed the books on 2010 with strong earnings and a backlog of new orders that position it for growth in 2011. Fourth quarter income rose 51 per cent, to US$4.5 billion, or
      NYT; AP  -  509 words
    • Article
      Lock icon Countrywide continues to hurt BOA’s earnings
      486 20 Reuters [CHARLOTTE, North Carolina] Bank of America Corp, the largest US bank, reported weaker-than-ex-pected revenue and a second straight quarterly loss after its limping mortgage business triggered writedowns and legal settlements. Bank of America’s Merrill Lynch businesses including retail brokerage and investment banking were
      Reuters  -  486 words
    • Article
      Lock icon Europe’s banks to gain from Volcker Rule
      565 20 They are not bound by restrictions on proprietary trading Reuters [LONDON] For years, US investment banks made themselves at home in Europe, pushing their European counterparts into the back seat. Some US bankers fear that could be about to change. Ambitious banks in
      Reuters  -  565 words
    • Article
      Lock icon Untimely interventions behind Dhaka’s stock market crisis
      616 20 AFP [DHAKA] The Dhaka Stock Exchange is in melt-down and observers are blaming the crisis on mistimed interventions by regulators triggering mass panic among millions of inexperienced retail investors. A correction was widely expected on the DSE, which had risen 400 per cent
      AFP  -  616 words
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  • AVIATION/SHIPPING
    • Article
      Lock icon AIG leasing unit eyes aircraft deal
      305 21 Manufacturers see rebound in orders as airlines recover from economic downturn Reuters [ATLANTA] International Lease Finance Corp (ILFC), the aircraft leasing unit of insurer American International Group Inc (AIG), is in active talks with aircraft manufacturers regarding a possible order this year, according to
      Reuters  -  305 words
    • Article
      Lock icon Air Canada misses Feb launch
      262 21 Reuters [OTTAWA] Air Canada Inc has no schedule for starting to fly from Toronto’s downtown airport after failing to reach a deal with the terminal operator in time for the February launch that it had planned. The country’s No 1 airline said that negotiations are
      Reuters  -  262 words
    • Article, Illustration
      Lock icon Samsung rolls out system to fend off pirates
      340 21 AFP [SEOUL] South Korea’s Samsung Heavy Industries yesterday rolled out a system to help ships detect and fend off pirates, after the recent hijacking of a South Korean freighter near Somalia alarmed shippers. The nation’s third-larg-est shipbuilder said the new anti-piracy system
      AFP; REUTERS  -  340 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      3285 21 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi SQ455 1230 SQ456 1245 EY473 1940 VA7473 1940 Adelaide LH9771 1745 LH9770 2350 SQ278 1745 SQ279 2350 VS7278 1745 VS7279 2350 Amsterdam LO4031 0605 LO4032 2350 SQ323 0605 SQ324 2350 US5410 0605 US5411 2350 AZ3992 1615 KL835 1615 Athens
      3,285 words
    • Article
      Lock icon No end in sight for US Air Force’s tanker saga
      539 21 AFP [WASHINGTON] The battle between aerospace giants Boeing and EADS to supply new aerial refuelling tankers for the US Air Force could drag on even after the military finally makes a decision on the contract, experts say. For the past
      AFP  -  539 words
    • Article
      Lock icon Delta, US Airways may be able to resolve dispute
      278 21 Bloomberg [DALLAS] Delta Air Lines Inc, US Airways Group Inc, and federal officials have told a US appeals court they may be able to resolve a dispute over airport landing slots in New York and Washington that prompted a lawsuit. In
      Bloomberg  -  278 words
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      40 21 General Declaration of lost document (Original B/L: NYKS**********) This is to announce that subject O/BL has been duly lost sometime between the periods of 22nd Dec 10 7th Jan 11 and that the document is now consider null and void.
      40 words
  • Page 21 Miscellaneous
    • Miscellaneous
      Lock icon Page 21 Miscellaneous Column 1
      295 21 CRYPTIC CROSSWORD Across 1 Dare America split ‘special relationship’? (11) 10 Contest to retain one’s seat? (5) 11 He serves with skill in drinking spree (9) 12 Setter is a lunatic for papers (9) 13 Lived in a hard environment, flooded (5) 14 ‘Raise’, one might say? (6) 16 Perhaps
      295 words
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  • DINING OUT
    • Article, Illustration
      Lock icon Novel twist to CNY classics
      988 22  -  Shark’s fin soup, yusheng, pencai among others, get an innovative makeover, says CHEAH UI-HOON CHEAH UI-HOON THE Chinese New Year feasting tradition this year sees classics such as claypot rice with preserved meats and the ubiquitous pencai the pot or ba-sin-ful of delicacies gracing the
      988 words
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      291 22 WINE DINE AND HOSPITALITY ENDEARING KINSHIP AT EVERY REUNION. =fL Hi A 'If 11 Bl T CK Abundance Reunion Buffet Dinner 2 Feb 2011 $98++/person Tel: 6730 3390 Hilton Singapore N »v 4V f WELCOME THE YEAR OF THE RABBIT WITH AN AUSPICIOUS GALORE OF LUNAR NEW YEAR GOODIES AT
      291 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      9377 23 Week ended: Jan 21 52-wks Tel Last Vol Week Last Quote Div GrYld Net M Cap High Low Code Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 21 14.5 3148 8Telecom 19 unch 612 19.5 18.5 19 19.5 1.7 9.5 6.1 91 12 4.5 5834 A-Sonic
      9,377 words
    • Article
      Lock icon SGX CATALIST
      1863 24 52-wks Tel Last Vol Week Last Quote Div Gr Yld Net M Cap High Low Code Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 7 4 1181 t AA Grp 5 4 5 27.8 4.8 225 130 6222 t APStrategic 166 +4 46 168 158 160
      1,863 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      113 24 Stock name Close Change CapMallsAsia 1.910 CapitaLand 3.640 -0.040 CapitaMall 1.910 +0.020 CityDev 11.680 -0.040 ComfortDelGro 1.620 +0.020 DBS Grp 14.820 +0.060 F&N 6.420 -0.070 Genting SP 2.150 -0.010 Golden Agri 0.710 -0.030 HK Land 7.140 Stock name Close Change JMH 44.200 -1.300 JSH 27.080 -0.420
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    • Article
      Lock icon STOCKS ASIA
      2645 24 Transaction date: Jan 21 HONG KONG Vol HK$ +/-'000 Aeon Credit 6.65 unch 0 Aeon Stores 16.06 0.40 2 Angang Steel 11.54 -0.24 ***** Anhui Conch 35.55 -0.25 6041 Anhuiexpresswa 6.05 -0.54 6477 Asia Satellite 13.86 0.16 2 Asm Pacific 95.05 -6.25 1474 Bank Of E Asia 35.20
      2,645 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 24 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 3 12 3 0 0 0 3 12 3 Manufacturing 56 107 67 9 12 23 65 119 90 Commerce 15 44 23 4 7 6 19 51 29 Tpt/Stor/Comms 11 29 5
      186 words
    • Article
      Lock icon SGX ETF
      931 24 52-Wk Tel Last Vol Week Last Quote Div GrYld Net MCap High Low Code Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 124 107 6389 ABF SG Bond ETF 110 -1 58 113 110 110 112 502.1 1070 761 CIMBAsean40 100US$ US1010 -17 489 1070 1010
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    • Article
      Lock icon GLOBALQUOTE
      263 24 52-Wk Tel Last Vol Week Last Quote Div GrYld Net MCap High Low Code Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 56 38 6000 AVJennings A47.5 +1.5 13 47.5 46.5 46.5 49.5 3.6 7.4 3.8 123.7 55 16 6017 Genting HK US$ US47 unch *****8 49
      263 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      123 24 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 214,857 214,857 419,150 419,150 Manufacturing 2,449,595 160,397 2,609,992 1,561,739 16,858 1,578,597 Commerce 599,628 87,713 687,341 617,932 13,455 631,387 Tpt/Stor/Comms 702,872 10,986 713,858 896,296 2,665 898,961 Finance 187,241 15 187,256 1,166,318 2 1,166,320 Construction 287,672 55,205
      123 words
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      26 24 Insiders' trades. Brokers' recommendations. Dividend table. The pages also cover transactions by directors and substantial shareholders. In other words, news you can use. THE BUSINESS TIMES
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      374 25 In local curr In S$ In US$ dy yr dy yr dy yr Jan 21 Index Change Change Change Change Change Change World Index Preliminary 914.0 0.2 9.8 0.1 1.9 0.6 11.5 EAFE Preliminary 815.9 0.1 4.0 0.4 -2.4 1.0 6.8 Europe Preliminary 1194.7 0.8
      374 words
    • Article
      Lock icon INTERBANK RATES
      180 25 Jan 21 $S Offer Bid 0vernight 0.05 0.03 1-month 5/16 1/16 2-months 3/8 1/8 3-months 7/16 3/16 Overnight mode: 0.04 US$ Offer Bid 7 days 0.35 0.25 1 month 0.40 0.30 2 months 0.43 0.33 3 months 0.46 0.36 6 months 0.55 0.45 9 months 0.80 0.60 12
      180 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      22 25 Jan 21 S$ Bid Offer 1-month 1.2849 1.2859 2-months 1.2848 1.2859 3-months 1.2848 1.2859 6-months 1.2847 1.2857 Source: OCBC
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    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 25 Jan 21 As at 9am Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.311 1.237 Can dollar 1.316 1.266 Euro 1.765 1.698 Sterling pound 2.086 2.006 NZ dollar 0.999 0.952 US dollar 1.308 1.258 Local dollars to 100 units of foreign
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    • Article
      Lock icon STOCK INDEX FUTURES
      27 25 Jan 21 Open High Sett STI Jan 3184 SIMSCI Jan 379.0 379.7 377.3 Taiwan Jan 321.4 322.2 317.9 Source: MF Global (S) Pte. Ltd
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    • Article
      Lock icon PALM OIL
      65 25 Jan 21 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Feb 11 3815 3811 3850 3811 327 7545 Mar 11 3769 3796 3841 3755 2455 ***** Apr 11 3718 3748 3797 3708 ***** ***** May 11 3662 3693
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    • Article
      Lock icon SGX DERIVATIVES TRADING
      439 25 Jan 21 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Mar11 99.6500 0 3378 Jun11 99.5600 0 974 Sep11 99.4250 0 714 Dec11 99.2450 0 1168 EUROYEN TIBOR FUTURES Mar11 99.6600 23 3063 Jun11 99.6450 0 1222 Sep11 99.6325 0 659 Dec11 99.6125 103 1713 Mar12 99.5900
      439 words
    • Article
      Lock icon SICOM FUTURES
      153 25 Jan 21 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Feb 11 581.0 575.0 581.0 9 380 Mar 11 575.0 442 Apr 11 575.0 20 446 May 11 576.0 20 188 Jun 11 576.0 20 368 Jul 11 576.0
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    • Article
      Lock icon GOVERNMENT SECURITIES
      94 25 Jan 21 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****A 21.04.2011 0.34 1-Year BY*****N 01.11.2011 0.41 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****1E 2.500 01.10.2012 103.41 103.45 103.42 5-Year N*****0S 2.875 01.07.2015 106.80 106.92 106.75
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    • Article
      Lock icon CHICAGO BOT
      107 25 Jan 21 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Mar 11 1412.25 1414.25 1427.00 1405.00 May 11 1422.75 1424.50 1436.75 1415.00 Jul 11 1430.00 1430.25 1443.25 1421.50 Aug 11 1405.75 1404.75 1415.50 1398.00 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Mar 11 57.56
      107 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      77 25 CRUDE OIL PRODUCTS Jan 20 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 96.57 -1.99 WTI (Near Mth) 88.62 -2.17 Dubai (1-Mth F) 93.07 -0.41 Tapis blend 102.40 -0.50 Minas 98.35 -0.50 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 94.89 -1.22 Jet Kerosene 110.69 -0.75 US$/barrel Opec Oil
      77 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      2774 25 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Tel Last Vol Conv Exer Disc Gear-Mths Code Company Sale +or-('000) Ratio Price ing Left AFP Properties EW*****8 29.5 -1.5 654 1 10 -6 1.42 58 6221 Asia-Pacific Strategic W*****6 33 2.5 3 1 150 10 5.03 40 6227 ASJ Hldgs W*****1 2 1
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    • Article
      Lock icon INTERBANK CROSS RATES
      464 25 Jan 21 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.985 6.505 0.730 7.693 45.104 89.675 0.818 11.079 3.026 1.307 84.833 43.953 1.270 6.970 0.952 28.773 30.292 0.620 0.988 Canada 1.015 6.605
      464 words
    • Article
      Lock icon SIBOR
      85 25 Jan 21 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 0.***** 0.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths
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    • Article
      Lock icon PRECIOUS METALS
      141 25 Jan 21 GOLD (US$/oz) Jan 21 Jan 20 Hong Kong 1349.50 1364.30 Jan 20 Jan 21 London 1348.30 1343.90 1349.00 1344.80 Source: Thomson Reuters Source: Thomson Reuters CAST BAR Jan 21 (S$) Selling Buying Kilobar 60,170.38 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 135 56 5gm 383
      141 words
    • Article
      Lock icon LONDON METALS
      71 25 Jan 21 Jan 21 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2395.50 2383.00 3 months 2419.00 2408.00 Copper, Grade A (US$/tonne) Cash 9459.50 9368.00 3 months 9441.00 9355.00 Lead (US$/tonne) Cash 2510.00 2480.00 3 months 2425.00 2437.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne)
      71 words
    • Article
      Lock icon LIFFE
      82 25 Jan 21 COCOA (£/tonne) Close Prev High/Low Mar 11 2148 2128 2170/2135 May 11 2114 2102 2142/2109 Jul 11 2111 2095 2140/2109 Sep 11 2099 2091 2129/2093 COFFEE (US$/tonne) Close Prev High/Low Jan 11 2140 2108 2160/2125 Mar 11 2149 2115 2175/2126 Jul 05 2175 2142 2200/2158 Jul 11
      82 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      155 25 Jan 21 US$ Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2695 1.2711 0.9879 0.9884 Canadian dollar 1.2889 1.2908 1.0030 1.0037 Euro 1.7383 1.7401 1.3528 1.3531 NZ dollar 0.9711 0.9731 0.7557 0.7567 Sterling pound 2.0469 2.0489 1.5929
      155 words
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  • Article
    Lock icon THE BUSINESS TIMES SHIPPING TIMES
    5868 26 BALISA SHIPPING TRADING PTE LTD 8 Shenton Way, #40-03A, Singapore *****1 Tel: 6345 5700 Fax: 6345 5227 Email: singapore@balisagp.com CR NO. **********0W UK CONTINENT SERVICE U.S.A. SERVICE Destination STXPO TBN Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Destination STXPO TBN Camden/New Orleans/Tampico *Loads E./W.
    5,868 words
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      Lock icon Page 27 Advertisements Column 1
      29 27 I FREIGHT FORWARDER urgently needed by shippers I Can they find your services here in the Shipping Times? THE BUSINESS TIMES TO ADVERTISE, CALL JOE WONG AT 9620 1327
      29 words
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  • BizIT
    • Article, Illustration
      Lock icon Equinix goes for some cool running
      848 28  -  Recycled Newater will be used to cool the new data centre it is building, reports RAJU CHELLAM THE world’s largest carrierneutral data centre company, Equinix Inc, will use recycled Newater to cool the new “green” data centre (DC) that it is building in Singapore.
      848 words
    • Article, Illustration
      Lock icon Endpoint security not effective: RSA
      645 28  -  By VICTORIA HO [SINGAPORE] Anti-virus software and other forms of endpoint protection are only about 30 to 40 per cent effective, yet companies continue to purchase these products due to historical legacy, says RSA’s chief operating officer, Tom Heiser. “It’s a check in the box.
      645 words
    • Article
      Lock icon Apple’s app store hits 10 billion downloads
      175 28 AP [NEW YORK] Apple says that its app store has hit the 10 billion downloads mark. The milestone, announced on Apple Inc’s website on Saturday, arrives as the company’s hugely popular smart phone is likely to become even more popular with the addition
      AP  -  175 words
    • Article
      Lock icon Google readies Groupon competitor
      297 28  -  By VICTORIA HO [SINGAPORE] Spurred by the flood of social cou-pon-selling websites such as Groupon, Google is launching a similar site called Google Offers. Last month, US site Groupon rebuffed Google’s offer to acquire the site for US$6 billion. Most analysts think it was a shrewd
      297 words
    • Article
      Lock icon Sterling Q2 for HCL Tech’s biz in Singapore
      508 28  -  Headcount here has also doubled in 18 months to over 1,000 By AMIT ROY CHOUDHURY [SINGAPORE] On the back of some high-profile customer wins, Indian software major HCL Technologies has registered a “high double-digit” sequential growth in Singapore for its fiscal second
      508 words
    • Article, Illustration
      Lock icon China may emerge as top global delivery destination
      909 29  -  IDC study predicts that it may pip India to the top position by 2014 By AMIT ROY CHOUDHURY [SINGAPORE] China is likely to dethrone India as the global delivery centre of choice by 2014, says IDC’s Suchitra Narayan, thanks to its investments
      909 words
    • Article, Illustration
      Lock icon Augmented reality the next big thing
      757 29 Reuters MAARTENLens-Fitzger-ald signs off his messages with a little joke: “This e-mail might have been written while cycling.” It could be an apology for his spelling, an allusion to the fact he’s Dutch or even a hint at his oddball imagination. Or perhaps, given
      Reuters; REUTERS  -  757 words
    • Article
      Lock icon Have mobility, will work
      726 29  -  <you say> By IRVING TAN The author is Cisco’s general manager for Singapore, Malaysia and Brunei DEPUTY Prime Minister and Minister for Defence Teo Chee Hean noted in a recent biennial survey that 53 per cent of civil servants feel they are now better able to
      726 words
    • <what’s up>
      • Article
        Lock icon IPC bags SGX contract
        43 29 TRADING communications provider, IPC Systems, has announced a contract with the Singapore Exchange (SGX). IPC supports 4,000 financial market participants on its network, and the connection to the SGX will give its members high-speed connectivity to the Singapore platform.
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      • Article
        Lock icon 3D-ready projectors from ViewSonic
        35 29 VIEWSONIC has launched its PJD7 and Pro8 series of projectors. The PDJ7 family encompasses the PJD7383i and PJD7583wi model projectors, which are 3D-ready and are priced at $2,799 and $2,899, respectively.
        35 words
      • Article
        Lock icon High performance computing from Lenovo
        65 29 LENOVO has released a slew of new PCs equipped with second-generation Intel core processors. The IdeaPad Y460p, IdeaPad Y560p and IdeaCentre K330 are aimed at the processor power hungry crowd. The IdeaPad laptops, Y460p and Y560p, are currently available and are priced from $1,899 and
        65 words
      • Article
        Lock icon Singapore office for GlobalSign
        26 29 GLOBALSIGN has opened its South-east Asian office in Singapore. The Japanese company is a certification authority and SSL (secure sockets layer) provider.
        26 words
      • Article
        Lock icon Free Facebook for feature phones
        45 29  -  Compiled by VICTORIA HO STARHUB has made Facebook available to non-smartphones for free, with no data charges. The Java app is meant for feature phones. Get the app at http://m.fb.snaptu.com/f or send an SMS with the keyword “FBAPP” to 6757.
        45 words
    • Article
      Lock icon L&T Infotech opens centre of excellence in Singapore
      401 29  -  By AMIT ROY CHOUDHURY [SINGAPORE] L&T Infotech, a wholly owned subsidiary of the US$10 billion Indian engineering and financial services conglomerate Larsen Toubro, last week opened a Centre of Excellence for wealth management technology in Singapore. Sudip Banerjee, L&T Infotech’s CEO, said
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      Lock icon Page 30 Advertisements Column 1
      213 30 HELLO SINGAPORE IIFL is a leading Indian financial services company with presence in retail and institutional broking, private banking, asset management and consumer finance. Our global footprint covers New York, London, Dubai, Sri Lanka and now Singapore, where we are the first Indian broker on the SGX. As we launch
      213 words