The Business Times, 21 May 2012
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2012-05-21
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The Business Times
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Title Section25 2012-05-21 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|£l A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MICA (P) 120/08/2011 Monday, May 21, 201225 words
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1081 2012-05-21 1 TEH SHI NING - Debate on alternatives to raising taxes focuses on investment, land sales income By TEH SHI NING [SINGAPORE] A shrinking, ageing workforce and rising social spending needs in the next two decades need not inevitably force tax rates up if Singapore is prepared to adjust some1,081 words
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MARKETS DIGEST
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Article57 2012-05-21 1 Weekly Change ST INDEX 2,779.10 -104.30 KL COMP 1,532.46 -51.86 NIKKEI 225 8,611.31 -342.00 HANG SENG 18,951.85 -1012.78 SET INDEX 1,154.44 -36.57 JAKARTA COMP 3,980.50 -133.64 MANILA COMP 4,879.42 -278.72 SEOUL COMP 1,782.46 -134.7 SHENZHEN B 631.12 -30.30 MUMBAI IND 16,152.75 -140.23 DOW 12,369.38 -451.22 NASDAQ 2,778.79 -155.03 S&P57 words
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Article18 2012-05-21 1 SINGAPORE 5.38 MALAYSIA 6.55 HONG KONG 5.00 INDONESIA 0.50 TAIWAN 5.036 JAPAN 1.475 KOREA Source: Bloomberg18 words
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Article49 2012-05-21 1 us$ s$ US$ (S$ per US$) 1.274 (US$/S$ per 1.578 2.011 EURO (US$/S$/E) 1.268 1.615 Foreign currency per US$ S$ YEN 79.30 62.20 RM 3.136 2.461 HK$ 7.768 6.096 BAHT 31.40 24.64 RUPIAH 9,242 7,253 RENMINBI 6.330 4.967 INDIAN RUPEE 54.75 42.96 A$ 1.017 0.798 NZ$ 1.322 1.03849 words
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Article, Illustration651 2012-05-21 1 It had to act to keep the stock from going below US$38 Bloomberg [NEW YORK] Morgan Stanley, the lead underwriter in Facebook’s initial public offering, stands to take a hit from a stock market debut that stoked disappointment among investors in the largest socialBloomberg; AFP - 651 words
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Advertisement59 2012-05-21 1 DINING OUT Italian food served in S’pore style PAGE 24 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 *****4 «©> Cortmawatch PARAGON, #01 -13. TEL: 6235 0084 RAFFLES CITY, #01-36A. TEL: 6339 918559 words
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Advertisement27 2012-05-21 1 SINGAPORE ARTS FEST Missing the mark PAGE 22 BizIT Backing up is big business PAGE 32 Linchpin of the system VIEWS FROM THE TOP PAGES 12 1327 words
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Advertisement10 2012-05-21 1 EMERGING ENTERPRISE Everlast presses on with steely resolve PAGE 910 words
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TOP STORIES
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Article401 2012-05-21 2 Rising spending poses taxing question A SHRINKING, ageing workforce and rising social spending needs in the next two decades need not inevitably force tax rates up if Singapore is prepared to adjust some aspects of its traditionally conservative policies on non-tax revenues. FRONT PAGE Facebook IPO could hit401 words
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Article, Illustration1097 2012-05-21 2 ONG CHOR HAO - Without precedence for leaving eurozone, difficult to estimate manner and impact By ONG CHOR HAO [SINGAPORE] Greece’s exit from the eurozone seems now a matter of when and not if, with institutions worldwide preparing for worst case scenarios, but the mannerAFP - 1,097 words
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798 2012-05-21 2 ROB CURRAN - Spain could be forced to rescue banks, EU may let Greece out carefully WALL STREET INSIGHT By ROB CURRAN THE May curse has returned to markets amid fears that Greece has one foot out the door of the eurozone and Spain is not798 words
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Article18 2012-05-21 2 Branchen Stars R1C-A 14/05/2012 141,32 EUR I db X-MACRO Trading Index Fund I4D 10/05/2012 94,00 GBP18 words
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Article, Illustration715 2012-05-21 4 LEE U-WEN - He thanks residents for giving strength to recover from setback By LEE U-WEN [SINGAPORE] He described his defeat at last year’s general election as a difficult one to endure, particularly when he had to face the entire country as his party’s “worst-performing candidate” out ofLIM SIN THAI/THE STRAITS TIMES - 715 words
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629 2012-05-21 4 Summit favours balancing austerity with growth push Reuters [CAMP DAVID] World leaders backed keeping Greece in the eurozone on Saturday and vowed to take all steps necessary to combat financial turmoil while revitalising a global economy increasingly threatened by Europe’s debt crisis. AReuters - 629 words
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Advertisement168 2012-05-21 2 An njouao/e nricfiing xcelleni duuard 3e oem© xperience a, s, faEdward de Bono's Thinking Camp presented by "CoRT®‘ has considerable\ impact on thinking. Intelligence can be taught by CoRT®. Edward de Bono Asian Academy y David Perkins Harvard Graduate School of Education *an Edward g> emus (^reotiuit kV 'Techniques I168 words
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Advertisement131 2012-05-21 2 PERMANENT RESIDENCY IN THE USA FOR FOREIGN INVESTORS CAISC enables clients of all nationalities obtain permanent residency (Green Card) in the USA through our San Francisco Regional Center, approved and designated by the United States Citizenship and Immigration Service under the EB- 5 investor program. This program has been created131 words
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Advertisement21 2012-05-21 2 I Grow Your Stock Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Mergers Acquisitions Notices MATS NOTICES CLA/FEB1 1/g21 words
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Advertisement89 2012-05-21 3 MESURE et demesure* m i A A X FARM GIAN1 FLEl R1E R 60 20. 40 K I 5? v V V V. i fml B < f b l)V l> /J I., I twi v V V 7 V V KALPAGRAPH Rose gold Automatic movement chronograph Hermes Alligator strap89 words
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Advertisement655 2012-05-21 4 INITIAL PUBLIC OFFERING APPLY NOW! IPO CLOSES ON 21 MAY 2012 AT 12.00 NOON Swee Hong Limited (Company Registration No.: *****1852R) (Incorporated in the Republic of Singapore on 3 June 1980) Civil Engineering Micro-Tunnelling ENGINEERING SOLUTIONS FOR Urbanised Cities INVESTMENT HIGHLIGHTS To recommend and distribute dividends of at least 20%655 words
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COMPANY NEWS
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246 2012-05-21 5 ST Aerospace, a unit of listed Singapore Technologies Engineering, has finalised agreements with European planemaker Airbus, its paren t EADS Flugzeugwerke GmbH an d E lb e Flugzeugwerke GmbH (EADS EFW) for a collaboration to launch the passen-ger-to-freighter (P2F) conversion programme for246 words
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Article235 2012-05-21 5 COMPANY MEETING PLACE DATE TIME Mercator Lines E Meeting Room 202 (Level-2) Suntec Singapore International Convention Exhibition Centre, 1 Raffl es Boulevard, Suntec City, Singapore *****3 21-May 4.00pm Centurion Corp E The Conference Room 45 Ubi Road 1, Summit Building #05-00 Singapore *****6 22-May 10.00am Yoma Strategic E235 words
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Article295 2012-05-21 5 May 18 BANKS Agricultural Bank Of China 5.5 Agricultural Bank Of China 5.5 Banco Bilbao Vizcaya 6 Arab Bank PIC Bank Julius Baer Co. Ltd(S) 5 Banco Bilbao Vizcaya Bank of China Limited 5.5 Bank of Communications 5.5 6 Bank Julius Baer Co. Ltd(S) Bank of New295 words
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Article2078 2012-05-21 5 Payment Ex Books Pay Ann (cts) date close date date 8Telecom Intl bn 0.053 30-Apr 03-May 21-May 05-Apr ABR Hldgs ak 1.000 04-May 08-May 28-May 13-Apr Action Asia ak 0.800 14-Jun 18-Jun 28-Jun 28-Mar Adampak Ltd ak 1.000 08-May 10-May 25-May 01-Mar Advanced Hldgs ak 0.600 03-May 07-May2,078 words
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545 2012-05-21 7 LIM WEI SHENG - Investors see a mini China-India version in South-east Asia By LIM WEI SHENG PRIVATE equity (PE) activity in South-east Asia remained relatively flat last year, but the region may witness a breakthrough in 2012 following on positive forward-looking545 words
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Article1602 2012-05-21 7 ROBERT HALILI - INSIDE MARKETS By ROBERT HALILI The writer is managing director, Asia Insider Ltd UYING by directors rose for the second straight week with 31 companies recording 57 purchases worth $12.37 million based on filings on the Singapore Exchange from May 14 to 18. The figures are1,602 words
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Advertisement47 2012-05-21 5 A//j> Europe's Best Airline r r BUSINESS CLASS Full flat-bed seats, best in-flight entertainment and Flying Chef service. Fly to more than 200 destinations via Istanbul with our A330-300 and B777-300 ER aircraft. turkishairlines.com 6732 4556 A STAR ALLIANCE MEMBER V>~ Dining room. Living room. Bedroom. AIRLINES47 words
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SINGAPORE MARKETS
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Article, Illustration680 2012-05-21 6 R SIVANITHY - STOCKS R SIVANITHY Senior Correspondent IN THIS column last week we forecast that interest in microcaps or low-priced penny stocks would dry up in the wake of resurgent eurozone worries. The previous week, we suggested investors look at average unit value traded680 words
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527 2012-05-21 6 CURRENCIES Reuters [SINGAPORE] Emerging Asian currencies slid again on Friday, led by the South Korean won, and analysts said they expect more falls due to growing worries about Europe and slowing global growth. The won, suffering its worst week in eight months,Reuters - 527 words
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600 2012-05-21 6 COMMODITIES AFP [LONDON] Most commodities struggled this week, with many striking multi-month lows, as investors eyed the strong US dollar and the eurozone debt crisis that is plaguing Greece and threatening Spain, traders said. At the same time, a slew of recent bleakAFP - 600 words
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Article1448 2012-05-21 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 2.00 2.00 2 10.00 11.00 1.42 1.10 Amtek Engg 1.60 2.17 5 0.07 7.77 0.93 0.66 ARA Asset Mgt 1.33 1.50 91,448 words
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Article114 2012-05-21 6 BY CENTS CLOSE UP DBXT S&P Short 10US$ 3940 169.5 3.5 JMH 4950 140.2 2.3 DBXT AUD Bonds 5AU$ ***** 114.7 0.5 DBXT USDIGInfl 5US$ ***** 99.4 0.3 GLD 10US$ ***** 81.5 0.4 DBXT AUDCS 5AU$ ***** 51.0 0.2 SIA 200 1040 15.0 1.5 SIA.ES.1205 1049 15.0 1.5 STXOSV114 words
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Article131 2012-05-21 6 BY CENTS CLOSE DOWN Lyxor Indonesia10US$ 9011 -712.2 -5.8 IS S&P500 ***** -639.6 -3.7 DBXT MSKorea 10US$ 5080 -606.5 -8.6 DBXT MSEurope 10US$ 3856 -505.8 -9.3 DBXT Nifty 10US$ 9043 -466.3 -3.9 IS DJ US Tech 6994 -379.7 -4.1 DBXT FTVietnam 10US$ 2400 -356.7 -10.4 Lyxor ThaiSET 10US$ *****131 words
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Article63 2012-05-21 6 May 18 VALUE CLOSE BT OB/OS -1637.00-201.00 BT CADI -*****.00-306.00 BT 10-day MA -*****.00-164.00 FTSE ST Mid Cap 638.89 -10.43 FTSE ST Small Cap 412.64 -7.17 FTSE ST All Share 670.70 -10.63 FTSE ST China Top 188.29 -4.58 FTSE ST China 218.43 -4.38 FTSE ST Catalist 861.1963 words
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Article56 2012-05-21 6 VOLUME JEL Corp 325,206,000 Golden Agri 314,367,000 Genting SP 217,857,000 Olam 213,788,000 ChinaFashion 191,616,000 MDR 189,826,000 TT Intl 183,017,000 UniFiber 173,796,000 Noble Grp 165,386,000 Informatics 154,271,000 VALUE($) SingTel 421,328,006 Olam 388,684,026 DBS Grp 371,308,082 Genting SP 342,535,813 UOB 288,360,162 Keppel Corp 253,295,137 OCBC Bk 245,556,645 Wilmar 229,154,33056 words
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Article, Illustration1695 2012-05-21 8 TEH HOOI LING - TEH HOOI LING Senior Correspondent IN ANTICIPATION of the traditionally weak May for stocks, perhaps investors should have sold in April instead. The Straits Times Index (STI) chalked the second straight week of losses last week. In the last two weeks, it has lost 7.1 per cent1,695 words
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Advertisement750 2012-05-21 7 Putting Human Capital FIRST HCS CEOs, Corporate Leaders and HR Leaders in P-anrtal Rinnarwp Join Us At The HCS Connection 2012 For Dialogue with our Distinguished Business Leaders on Creating Successful Business Organisations Joint Organiser fc 1 SINGAPORE BUSINESS FEDERATION Apex Business Chamber Day Highlights Thursday, May 24, 2012. Time:750 words
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SINGAPORE NEWS
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Article, Illustration953 2012-05-21 9 reportsLIM WEI SHENG - It stays on expansion path despite facing a labour crunch, reports LIM WEI SHENG reportsLIM reportsLIM WEI SHENG IF you are crossing the bridge connecting Marina Bay Sands to the Gardens by the Bay, or walking to Sentosa via the year-old boardwalk, you willYEN MENG JIIN - 953 words
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Advertisement257 2012-05-21 9 Plug into the latest market news and trade on the move with the SaxoTrader App. To make the right call, you need access to vital information, even when you're on the go. Get markets updates, prices and charts instantaneously on the award-winning SaxoTrader. Now available on your iPhone® or Android™257 words
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BT-CITIBANK YOUNG INVESTORS' FORUM
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Article, Illustration1218 2012-05-21 10 MINDY TAN - Academics give their take on what asset allocation strategy young investors should adopt. TANreports MINDY TAN IT is one of the most important decisions an investor can make, and yet, one of the most difficult strategies to pin down. Asset allocation, essentially a strategy taken on1,218 words
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Article, Illustration995 2012-05-21 10 reportsTIMOTHY LOH - At 12, Claire Tan Yan Hui’s allowance depended on what she invested in, reports TIMOTHY LOH STARTING YOUNG reportsTIMOTHY reportsTIMOTHY LOH WHEN Claire Tan Yan Hui says that she started investing young, she really means young: at the tender age of 12, her fatherARTHUR LEE - 995 words
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Advertisement36 2012-05-21 10 If you’re between the ages of 17 and 30 and wish to share your investing story too, e-mail btyif@sph.com.sg now. Views shared by young investors in this space are their own, and not endorsed by BT36 words
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Advertisement157 2012-05-21 10 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 to157 words
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Advertisement165 2012-05-21 11 V I'* *■5 9 m h i t a 4i v ...;-.y -'v* A n m hff-Z -v. i: SSvSiH zp-- V. hi r Cv';-v. r THE REVENGE OF A NERD. WEALTH. WHAT’S IT TO YOU? Well, that’ll show them. At Barclays, we support entrepreneurs both budding and seasoned. And165 words
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VIEWS FROM THE TOP
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Article, Illustration4097 2012-05-21 12 THIS WEEK’S TOPIC What is the CEO’s role in applying technology to enhance and even transform the workplace? How can the CEO ensure that there is meaningful conversation, and not a disconnect, between management and the technologists tasked with implementing the change? Tham Sai Choy ManagingAFP - 4,097 words
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Advertisement179 2012-05-21 12 How doctors are turning data into diagnoses. The challenge for Central Europe's largest hospital, FN Motol, was to find space for the rapidly increasing number of medical images and records it amasses each year. With the help of IBM, the hospital deployed a self-healing storage solution that securely archives, duplicates179 words
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Advertisement183 2012-05-21 13 srz i )f) How traditional medicine got a modern transfusion. Guangdong Provincial Hospital of Chinese Medicine, South China’s largest hospital system, uses a combination of eastern and western medicine to treat more than 10,000 patients in a single day. However, such high volume creates unnecessary challenges for a hospital in183 words
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ECONOMY WATCH
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Article, Illustration672 2012-05-21 14 Risk premiums expected to surge as deeper downturn looms for battered economy Reuters [MADRID] Spain’s government faces a crisis of confidence from nervous investors after admitting its 2011 public deficit was higher than it had previously reported due to adjusted accounts in threeReuters; PHOTOS: AP, REUTERS - 672 words
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Article, Illustration531 2012-05-21 14 AFP [LONDON] The European Bank for Reconstruction and Development (EBRD) headed into a new era on Saturday after electing its first British president and approving investment for “Arab democracies” at its annual meeting. After years concentrating mainly on investment partnershipsAFP - 531 words
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478 2012-05-21 14 Tough currency controls raise fears of more intervention Reuters [BUENOS AIRES] Argentines are starting to withdraw US dollar deposits from banks at a slow but noticeable pace due to tougher government currency controls that have raised worries of further official intervention, several banking sources said lastReuters - 478 words
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312 2012-05-21 14 Bloomberg [SEOUL] The Bank of Korea should hold its benchmark rate at 3.25 per cent as Europe’s debt crisis worsens and inflation remains a threat, a state-run South Korean research institute said. “The recent economic slowdown and stabilising prices have reducedBloomberg - 312 words
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Article, Illustration457 2012-05-21 14 0.75% contraction expected, higher than analysts’ 0.3% Bloomberg [CANBERRA] Australia’s federal budget, targeting a return to surplus next fiscal year, is taking a conservative view of Europe’s economic outlook, forecasting a 0.75 per cent contraction this year, Treasurer Wayne Swan said. “Determined, consistentBloomberg - 457 words
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Advertisement46 2012-05-21 14 GROUP TOUR SPECIALIST Retreats Meetings Team Building Incentive Tours Taylormade Golf Trips East West Malaysia Hong Kong Indonesia Thailand Vietnam Cambodia Macau China We are looking forward to get a challenging assignment from you Luxury Tours Travel Pte Ltd mice@luxury.com.sg s www.luxury.com.sg 3 Tel: 6309 085046 words
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MALAYSIA/INDONESIA
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Article, Illustration655 2012-05-21 15 S JAYASANKARAN - Abdul Razak, PM Najib’s father, took the lead over three decades ago, and returned the country to normalcy; his son should follow suit MALAYSIA INSIGHT S JAYASANKARAN KL Correspondent SEVERAL weeks after the 2008 general election, this reporter met up withREUTERS - 655 words
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Article1672 2012-05-21 15 VOL May 18 RM +/-(‘000) A M Realty 0.41 unch 0 VOL Advance Synerg 0.16 -0.01 1617 Adventa Bhd 1.31 -0.01 7 Ae Multi Hldgs 0.23 -0.01 299 Affin Holdings 2.87 -0.03 159 Ahmad Zaki Res 0.72 -0.03 398 Airasia Bhd 3.35 -0.04 8856 Alliance Finan 3.79 -0.011,672 words
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349 2012-05-21 15 Xinhua [JAKARTA] A senior Indonesian official said that the government has prepared some 3.4 trillion rupiah (S$468 million) to finance the construction of renewable energy plants, local media reported last Saturday. The money will come from the State Investment Agency (PIP), which hasXinhua - 349 words
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290 2012-05-21 15 Bloomberg [KUALA LUMPUR] Malaysia’s efforts to become a global hub for Islamic finance by offering tax breaks is driving a record rally in foreign-currency sukuk. Arrangers say interest is increasing among local issuers. Standard Chartered plc is in talks with about five companies toBloomberg - 290 words
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Advertisement151 2012-05-21 15 *'c ir V i. ittt v\&<L Savour the joy of having time on your side and ENJOY GREAT VALUE-ADD BENEFITS THIS SUMMER. STAY LONGER COMPLIMENTARY 3RD NIGHT* Linger a little longer in our refurbished interiors soothing, sleek and streamlined with the latest technology. Also enjoy the SUMMER VALUEADD* benefits with151 words
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GREATER CHINA/INDIA
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614 2012-05-21 16 Business groups frustrated by political paralysis, blocked reforms Reuters [NEW DELHI] “Dear God,” wrote economist Rajeev Malik as he called on the Almighty to help India’s “rudderless” government in a biting critique that underscored a growing frustration at home and abroad with the stewardshipReuters - 614 words
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Article, Illustration447 2012-05-21 16 Bloomberg [TAIPEI] Taiwan President Ma Ying-jeou has pledged to improve trade ties with neighbouring countries to bolster economic growth as he starts his second and final term amid protests from opposition supporters. “We must step up the pace of liberalisation,” he saidBloomberg; AP - 447 words
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515 2012-05-21 16 AFP [HONG KONG] Macau is still holding all the aces as the world’s casino capital despite a slowdown in the Chinese economy, analysts said ahead of an international gaming expo in the former Portuguese colony. The three-day Global Gaming Expo Asia is taking placeAFP - 515 words
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Page 16 Advertisements
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Advertisement735 2012-05-21 16 CUTTING-EDGE STRATEGIES FOR WORKPLACE SUCCESS Who should attend: Sales Managers, Account Managers/ Executives, Social Media Specialists, PMEBs, Directors, Team Leaders and other General Management Professionals Register at www.stjobs.sg/seminars STJOBS FULL-DAY WORKSHOPS 11 May, 2012 (Fri) 25 May, 2012 (Fri) Workshop A 21st Century Sales Leadership Skills SPH News Centre (9.00735 words
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WORLD
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Article, Illustration514 2012-05-21 17 Second newspaper deal in half a year sets investors wondering NYT [NEW YORK] Berkshire Hathaway’s latest deal may have investors wondering: Does Warren Buffett want to be a media mogul? Media General said on Thursday that it had sold nearly all of itsNYT; REUTERS - 514 words
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313 2012-05-21 17 Reuters [LONDON] Rupert Murdoch has denied reports that News Corp is considering spinning off its British newspapers to protect the rest of his media empire from a phone hacking scandal. The Daily Telegraph and the Financial Times newspapers saidReuters - 313 words
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274 2012-05-21 17 Bloomberg [WASHINGTON] Iranian Economy Minister Shamseddin Hosseini said that international oil prices will rise under sanctions designed to persuade the Persian Gulf nation to abandon its nuclear programme. Oil prices might go as high as US$160 per barrel if the European Union goes aheadBloomberg - 274 words
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Article, Illustration676 2012-05-21 18 Thanks to fears of a Greek exit from the eurozone, JPMorgan US$2b trading loss Reuters [NEW YORK] They are the few, the brave, the unloved and, among big investors, their number shrinks by the month. They are the last of the bondReuters; AFP - 676 words
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627 2012-05-21 18 Bloomberg [BOSTON] Man Group plc is leading declines among global investment firms as private equity and hedge funds, the best-paid money managers, produce the worst returns for public shareholders. Shares of London-based Man Group, the biggest publicly traded hedge fund, have declinedBloomberg - 627 words
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Article, Illustration704 2012-05-21 19 If the trend holds, the region could become less prone to banking crises NYT [NEW YORK] Among the mid-sized, family-owned companies that power the German economy, it has long been an article of faith: Credit comes from the friendly localNYT; BLOOMBERG - 704 words
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460 2012-05-21 19 Reuters [NEW YORK] Big banks are expected to use a larger portion of profits for employee bonuses this year, despite extensive job cuts and a recent outcry from shareholders over excessive pay, according to a closely watched survey of Wall Street compensation. Bonuses areReuters - 460 words
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Article, Illustration554 2012-05-21 19 SEC says it is going after insider traders and taking action against firms NYT [NEW YORK] Even before the news was official, it filtered out unofficially to Wall Street. On a trading floor in midtown Manhattan, the squawk boxes were setNYT; AFP - 554 words
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415 2012-05-21 19 Reuters [BOSTON] Welcome to the club, Jamie Dimon. Embarrassed by a surprise US$2 billion trading loss this month, the chairman and chief executive of JPMorgan Chase Co faced heightened criticism at the bank’s annual meeting on May 15. That included 40Reuters - 415 words
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583 2012-05-21 20 Osborne calls for greater fiscal integration Reuters [LONDON] The eurozone can protect its currency if its stronger countries provide more support for the weaker to help them deal with their problems, British finance minister George Osborne said in a newspaper yesterday. The futureReuters - 583 words
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542 2012-05-21 20 Bond rally spurred by woes in Europe, prospect of further rate cuts by RBA Bloomberg [SYDNEY] Australian benchmark borrowing costs are tumbling twice as fast as US and German yields as turmoil in Europe and the prospect of further interest-rate cuts spurBloomberg - 542 words
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Article, Illustration400 2012-05-21 20 Reuters [CALIFORNIA] Facebook co-founder and CEO Mark Zuckerberg wed longtime girlfriend Priscilla Chan on Saturday, announcing the nuptials through a status update on the social networking site. The 28-year-old billionaire’s wedding took place a day after Facebook’s initial public offering on the Nasdaq stockReuters; AP - 400 words
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248 2012-05-21 20 AFP [COLOMBO] Sri Lanka’s president has ordered the release of his jailed electoral foe, ex-army chief Sarath Fonseka, bowing to US-led pressure three years after the end of the island’s long ethnic war. The 61-year-old former four-star general could leave prison today following legalAFP - 248 words
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603 2012-05-21 20 It has set up political action committee NYT [SAN FRANCISCO] For nearly five years, Facebook has quietly and deftly befriended the nation’s top lawmakers by giving them a little tech support. In a typical session behind closed doors on Capitol Hill, Facebook staff membersNYT - 603 words
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Article, Illustration704 2012-05-21 21 Hedge funds and insurers have been buying property debt Bloomberg [NEW YORK] American International Group Inc (AIG), the insurer that needed a US$182.3 billion bailout from the US government in 2008 after failed mortgage investments, is betting this time it’s different. Chief executive officerBloomberg; REUTERS - 704 words
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591 2012-05-21 21 Reuters [LONDON] When Hong Kong businessman He paid a £35,000 (S$70,820) deposit on a four-bedroom apartment in Britain, he believed it was a 40-minute walk from central London, his lawyer says. In fact it was a 40-minute journey by high-speed train. TheReuters - 591 words
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Page 17 Advertisements
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Advertisement3098 2012-05-21 17 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices IN THE MATTER OF COMPANIES ACT, CAP. 50 AND IN THE MATTER OF UNITY CAPITAL MANAGEMENT (SINGAPORE) PTE. LTD. Registration No. *****8757Z (IN MEMBERS’ VOLUNTARY LIQUIDATION) NOTICE OF RESOLUTIONS [Pursuant to Section 290(2)(b)] At an Extraordinary General Meeting of the Company held on3,098 words
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Page 18 Advertisements
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Advertisement118 2012-05-21 18 Want to Shine at ChildAid? BIGGER, BETTER BRIGHTER BE PART OF SINGAPORE’S BIGGEST CHILDREN’S CHARITY CONCERT. JUST LIKE THESE YOUNG TALENTS, YOU CAN SPREAD THE JOY OF GIVING AND HELP THE LESS FORTUNATE SIMPLY BY UNVEILING YOUR TALENT. EMAIL A VIDEO OF YOUR PERFORMANCE WITH YOUR NAME, AGE, CONTACT AND118 words
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Advertisement1242 2012-05-21 19 WATS NOTICES =015L=1T7 1509O215KT L=9ONKT2 MNLN1T7 N;CEBIDX 4)%!><@I<!CD OCJ ,HH*Ha(&"OM NUD-C@BC@I<)+ !D 2!D%IBC@)M K51N9T 5S =KK0=M QTKT3=M LTT1NKQ K51N9T N2 OT3T;J QN/TK <#I< <#)?DD:I] Y)D)@I] P))<!D% C’?:<CEI<)+ 1C:-#><CD) PI-#!D)> Q!E!<)+ N<#) 6;CEBIDXWM G) I< ;ID<CDE)D< 4CI+L 2!D%IBC@) Hda"&d CD /)+D)>+IXL S:D) ,H., I< *J*H BJEJ ’C@ <#) ’C]]C\!D% B:@BC>)>^ =21,242 words
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Advertisement271 2012-05-21 20 >«• WATS NOTICES Toll free 1800-289-8822 Email notices@sph,com.sg www.cats.com.sg/notices 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 Yoma Strategic Holdings Ltd. *****90 Patricia Pun 519,588 NOTICE IS HEREBY GIVEN that if within fourteen271 words
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Page 20 Miscellaneous
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Miscellaneous23 2012-05-21 20 913FM TODAYS BEST MUSDC THE s/IGST FUN IN THE MORNINGS r o (r PI ROD MDNTEIRD THE MARRIED MEN WEEKDAYS BAM TO lOAM23 words
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Advertisement16 2012-05-21 21 > Home in on a variety of property listings in Malaysia @STProperty.sg 0 m i^i 0 STPROPERTY.sg16 words
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Advertisement1240 2012-05-21 21 >® < MATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices Credit Suisse Consolidated Statements of Operations 2011 Report of the Statutory Auditor on the Consolidated Financial Statements to the General Meeting of Credit Suisse AG, Zurich As statutory auditor, we have audited the accompanying consolidated financial statements of Credit Suisse1,240 words
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SINGAPORE ARTS FESTIVAL
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Article, Illustration709 2012-05-21 22 CHRISTOPHER LIM - A Very Wagnerian Night assumes too much of the audience, says CHRISTOPHER LIM A SWEDISH experiment in performance theatre last weekend made one wonder how much Arts Fest audiences should be expected to know in order to thoroughly enjoy a performance. Very Wagnerian Night, which ran on709 words
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Article, Illustration573 2012-05-21 22 RACHEL AU-YONG - By RACHEL AU-YONG THIS is one side of Singapore many may never get to see. In Factory La Fabrica, Argentinean playwright Gerardo Naumann’s segment of the Parallel Cities project, the audience literally goes to work, and meets some interesting new colleagues. The journey starts573 words
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Article, Illustration511 2012-05-21 22 RACHEL AU-YONG - By RACHEL AU-YONG IF Factory’s exposure to the sun scares you, Hotel is a more viable sheltered option. But air-conditioned or not, director Lola Arias doesn’t intend for you to get too comfortable as she lets you in on the lives of511 words
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Article, Illustration664 2012-05-21 22 AARON JUSTIN, CHEAH UI-HOON - By AARON JUSTI N, CHEAH UI-HOON LOVE is a many splendoured thing, they say or at least until the relationship is strained at the seams and a break-up is imminent. A Language of Their Own gave the sell-out audience at the Esplanade Theatre Studio an664 words
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AVIATION/SHIPPING
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Article, Illustration661 2012-05-21 23 It also aims to launch a new mid-range airline on July 7 Reuters [BANGKOK] Thai Airways International Pcl may set up a new budget carrier to tap strong demand in the regional no-frills sector and the group is on track to achieve its netReuters; BLOOMBERG - 661 words
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388 2012-05-21 23 Bloomberg [LONDON] Hire costs for capesize vessels, the largest carriers of dry-bulk commodities, stand to miss out on a typical boost from India’s monsoon season, said ICAP Shipping International Ltd. Charter rates for the ships usually benefit as storms close ports and disruptBloomberg - 388 words
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568 2012-05-21 23 FAA cites errors in its cost-benefit analysis Bloomberg [WASHINGTON] A regulation exempting pilots at United Parcel Service Inc and FedEx Corp from new rules to combat fatigue will be reviewed after the US government disclosed errors in its analysis ofBloomberg - 568 words
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348 2012-05-21 23 AP [NEW YORK] US airlines’ revenue from bag fees fell last year for the first time since they started collecting them, signalling that more passengers are packing light to save cash when they fly. The Transportation Department said lastAP - 348 words
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Article, Illustration402 2012-05-21 23 Merger will let it compete better with rivals: economist Bloomberg [NEW YORK] AMR Corp’s American Airlines (AA) has to look to a merger with US Airways Group Inc because the bankrupt airline “is in a corner”, a specialist for one of the unionsBloomberg; REUTERS - 402 words
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Article251 2012-05-21 23 SGX '000 May 18 S$ +/-Vol CH Offshore 0.41 -0.01 913 Chuan Hup Hldg 0.22 unch 150 Cosco Corp 0.89 -0.04 ***** s$ First Ship Lea 0.19 unch 1283 Freight Links 0.06 unch 2046 Grand Banks unch unch 0 Jaya Hold Ltd 0.51 -0.02 172 K1Ventures 0.10 unch251 words
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3676 2012-05-21 28 n BALISA SHIPPING TRADING PTE LTD 8 Shenton Way, #40-03A, Singapore *****1 Tel: 6345 5700 Fax: 6345 5227 Email: singapore@balisagp.com UEN NO. *****3249E UK CONTINENT SERVICE U.S.A. SERVICE UK CONTINENT SERVICE Destination STXPO TBN Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Destination Destination STXPO3,676 words
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Page 23 Miscellaneous
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Miscellaneous362 2012-05-21 23 CRYPTIC CROSSWORD Across 1 Turn to person of importance making a comeback (5) 4 Reserves unlikely retail outlet (9) 9 Scoop in which soldiers replace former lover wanting to be alone (9) 10 Regularly taunt poor person providing instruction (5) 11 Runs circuits in case of extreme deterioration in health362 words
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DINING OUT
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Article, Illustration873 2012-05-21 24 CHEAH UI-HOON - At Tratorria Gallo D’oro, one can expect homecooked fare with a bit of twist and top-notch execution, says CHEAH UI-HOON CHEAH UI-HOON NEW RESTAURANT Trattoria Gallo D’Oro #01-03 Central Mall (7, Magazine Road) Opening hours: Mondays to Saturdays, noon to 3pm (lunch) and 6.30pm873 words
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Page 24 Advertisements
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Advertisement589 2012-05-21 24 >®t WAT3 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices Bangkok Bank Public Company Limited (INCORPORATED IN THAILAND) Consolidated Statements of Financial Position As at December31, 2011 and 2010 2011 2010 Consolidated Statements of Comprehensive Income For the years ended December 31,2011 and 2010 2011 2010 Report of the Independent Certified589 words
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Advertisement159 2012-05-21 24 ENJOY 70% OFF WHEN YOU SUBSCRIBE TO DIGITAL EDITIONS! LIMITED TIME ONLY! GET THE LATEST DECOR TRENDS, PARENTING TIPS AND TECH-GADGET REVIEWS ON THE GO $21.60/ 1 YEAR UP $72.00 NOW ON IPAD ANDROID TABLETS $18.00/ 1 YEAR UP $60.00 $24.80/1 YEAR UP $82.80 SUBSCRIBE NOW AT www.sphmagazines.com.sg/digital-promotion or scan159 words
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Advertisement30 2012-05-21 24 A, FIND THE ONES J THAT FIT! Recruit the right people through CATS Recruit. C 1 Call 1800 289 8822 or email a recruit@sph.com.sg to advertise. n u n CLA/DEC05j1a30 words
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SINGAPORE STOCKS
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Article3013 2012-05-21 25 Week ended: May 18 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 Vol Week Last Quote Div GrYld 123 92.5 AIMSAMPIReit 110 -8 5248 118 108.5 109.5 110 7.6 10.5 488.2 M3,013 words
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Article276 2012-05-21 26 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 $mil Last 4.6 1.3 t Advanced System 2.3 -0.7 7285 3 2.3 2.2 2.3 30.5 Week Last Quote Div Gr Yld Net M Cap High276 words
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Article115 2012-05-21 26 Stock name Close Change CapMallsAsia 1.370 CapitaLand 2.500 -0.090 CapitaMall 1.770 -0.010 CityDev 9.890 -0.290 ComfortDelGro 1.480 -0.010 DBS Grp 13.270 -0.270 F&N 6.410 -0.160 GLP 1.975 -0.020 Genting SP 1.530 -0.020 Golden Agri 0.635 -0.030 Stock name Close Change HK Land 5.710 -0.090 JMH 49.500115 words
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Article2257 2012-05-21 26 Transaction date: May 18 HONG KONG Vol HK$ +/-'000 Aeon Credit 6.50 unch 0 Aeon Stores 23.70 unch 0 Angang Steel 4.21 -0.13 ***** Anhui Conch 22.50 0.80 ***** Anhuiexpresswa 3.72 0.01 1476 Asia Satellite 22.00 -0.10 36 Asm Pacific 99.15 -2.35 504 Bank Of E Asia 26.552,257 words
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Article224 2012-05-21 26 52-Wk Last Vol Week Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 50 31.5 AVJennings A31.5 -3.5 23 36.5 31.5 32 35 3.6 11.1 2.5 82 46 25.5 Genting HK US$ US31 -2.5 ***** 33.5 30.5 30.5 31.5 2041.2224 words
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Article186 2012-05-21 26 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 4 13 0 0 0 0 4 13 0 Manufacturing 24 140 23 6 26 5 30 166 28 Commerce 12 58 7 5 9 3 17 67 10 Tpt/Stor/Comms 10 33 1186 words
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Article1050 2012-05-21 26 52-Wk Last Vol Week Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 130 113 ABF SG Bond ETF 119 +0.2 24 119 119 117.9 119 543.2 103 96.8 CIMB APAC Div 100US$ US96.8 -6.2 65 99 96.8 95.11,050 words
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Article123 2012-05-21 26 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 86,462 86,462 395,263 395,263 Manufacturing 1,333,828 566,336 1,900,164 914,444 20,476 934,920 Commerce 1,297,207 83,215 1,380,422 883,449 8,324 891,773 Tpt/Stor/Comms 632,377 78,146 710,523 1,010,960 21,877 1,032,837 Finance 120,094 150 120,244 991,151 32 991,183 Construction 558,022 128,812123 words
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Page 26 Advertisements
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Advertisement26 2012-05-21 26 Insiders' trades. Brokers' recommendations. Dividend table. The pages also cover transactions by directors and substantial shareholders. In other words, news you can use. THE BUSINESS TIMES26 words
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FINANCE & COMMODITIES
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Article589 2012-05-21 27 May 18 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT 8727.58 8735.54 8588.16 Jun12 8805.00 8840.00 8585.00 8610.00 *****8 *****3 Sep12 8795.00 8815.00 8580.00 8605.00 54 8997 MSCI TAIWAN INDEX FUTURES SPOT 260.46 260.46 255.48 May12 261.90 261.90 254.60 254.60 ***** *****2 Jun12 261.10 261.10589 words
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373 2012-05-21 27 In local curr In S$ In US$ dy yr dy yr dy yr May 18 Index Change Change Change Change Change Change World Preliminary 834.3 -0.7 0.5 -0.2 -1.8 -0.7 0.0 EAFE Preliminary 663.8 -1.6 -2.7 -1.1 -5.7 -1.6 -3.9 Europe Preliminary 983.6 -1.1 -4.2373 words
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Article, Illustration121 2012-05-21 27 As on 18 May 2012 www.smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE VOL (in Lots) PRECIOUS METAL GOLD FUT JUN2012 1592.10 1569.30 1592.10 51 CURRENCY AUD-USD FUT JUN2012 .9850 .9784 .9789 1484 EUR-USD FUT JUN2012 1.2737 1.2649 1.2726 2447 BASE METAL COPPER FUT JUL2012 7747 7615 7649 2089121 words
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Article107 2012-05-21 27 May 18 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jul 12 1405.00 1438.00 1438.75 1405.00 Aug 12 1381.00 1405.25 1409.75 1379.50 Sep 12 1327.00 1347.50 1355.00 1326.50 Nov 12 1288.00 1306.50 1317.50 1288.25 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Jul 12 50.32107 words
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Article76 2012-05-21 27 CRUDE OIL PRODUCTS May 17 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 108.70 -2.13 WTI (Near Mth) 92.46 -0.42 Dubai (1-Mth F) 106.64 -0.51 Tapis blend 117.34 -0.52 Minas 117.14 -0.52 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 98.11 unch Jet Kerosene 122.65 -0.75 US$/barrel OpecOil Basket76 words
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Article23 2012-05-21 27 May 18 S$ S$ Bid Offer 1-month 1.2741 1.2744 2-months 1.2740 1.2744 3-months 1.2739 1.2743 6-months 1.2731 1.2743 Source: OCBC23 words
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Article64 2012-05-21 27 May 18 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 2028.25 2014.25 3 months 2068.00 2054.00 Copper, Grade A(US$/tonne) Cash 7702.00 7694.50 3 months 7650.00 7649.00 Lead(US$/tonne) Cash 1953.00 1913.50 3 months 1966.00 1926.50 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin(US$/tonne) Cash *****.00 *****.00 3 months *****.0064 words
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Article80 2012-05-21 27 May 18 COCOA (£/tonne) Close Prev High/Low Jul 12 1551 1528 1554/1523 Sep 12 1534 1513 1537/1509 Dec 12 1513 1499 1519/1495 Mar 13 1493 1481 1502/1475 COFFEE(US$/tonne) Close Prev High/Low May 12 2185 2163 2188/2179 Jul 12 2217 2187 2235/2173 Sep 12 2187 2159 2205/2151 Nov 12 217680 words
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1396 2012-05-21 27 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 4 1 150 397 7.75 24 Conv Ratio Baker Technology Ltd W*****6 1 -0.1 25 1 32 29 25.50 6 Best World Intl Ltd W*****5 0.6 1 301,396 words
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Article470 2012-05-21 27 May 18 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.003 6.226 0.776 7.640 53.844 90.900 0.780 11.524 3.084 1.300 89.439 42.553 1.253 8.255 0.932 29.124 30.883 0.623 0.984 Canada 0.997 6.206470 words
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Article53 2012-05-21 27 May 18 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 1.***** 0.***** SWAP Offer rates (S$) 0.***** 0.***** May 6 mths 0.***** SWAP Mid rates (S$) 0.***** 12 mths 0.***** SWAP Mid rates53 words
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Article156 2012-05-21 27 May 18 Against US$ Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2531 1.2535 0.9835 0.9836 Canadian dollar 1.2489 1.2499 0.9802 0.9808 Euro 1.6150 1.6157 1.2676 1.2678 NZ dollar 0.9631 0.9646 0.7559 0.7569 Sterling pound 2.0103 2.0114156 words
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Article155 2012-05-21 27 May 18 May $S Offer Bid 0vernight 0.03 0.01 1-month 3/8 1/4 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.06 US$ Offer Bid 7 days 0.25 0.15 1 month 0.40 0.20 2 months 0.45 0.25 3 months 0.55 0.35 6 months 0.85 0.65 9 months 1.05 0.85155 words
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Article135 2012-05-21 27 May 18 GOLD(US$/oz) May 17 May 18 Hong Kong 1558.00 1596.00 May 18 May 18 May 17 London 1594.89 1573.80 1595.66 1574.68 Source: Thomson Reuters CAST BAR May 18 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 154 64 5gm 438 321 10gm135 words
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Article87 2012-05-21 27 May 18 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****V 16-Aug-12 0.28 1-Year BY*****T 02-May-13 0.28 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0H 0.250 01-Feb-14 100.06 100.11 100.09 5-Year N*****0Z 2.375 01-Apr-17 108.89 108.92 108.9287 words
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Article57 2012-05-21 27 May 18 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Jun 12 3090.0 3111.0 3110.0 3044.0 1355 7684 Jul 12 3071.0 3105.0 3111.0 3041.0 6588 ***** Aug 12 3072.0 3095.0 3110.0 3034.0 ***** ***** Aug 12 3069.0 3090.057 words
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Article112 2012-05-21 27 As at 9am May 18 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.2688 1.2408 Can dollar 1.2624 1.2374 Euro 1.6329 1.5989 Sterling pound 2.0328 1.9928 NZ dollar 0.9794 0.9514 US dollar 1.283 1.266 Local dollars to 100 units of foreign112 words
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Page 28 Advertisements
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Advertisement47 2012-05-21 28 USE THIS SPACE TO SELL CALL JOE WONG AT 9620 1327 TO ADVERTISE _1He Business times Shipping Times I FREIGHT FORWARDER urgently needed by shippers TO ADVERTISE, CALL JOE WONG AT 9620 Can they find your services here in the Shipping Times? The Business Times Shipping Times47 words
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Advertisement18 2012-05-21 28 USE THIS SPACE TO SELL, CALL JOE WONG AT 9620 1327 TO ADVERTISE. _the Business Times Shipping Times18 words
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Page 29 Advertisements
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Advertisement98 2012-05-21 29 $>_%):]^?*@%*-,!>"\'|?}](?[(=-* urgently needed fc>y shippers Can they find your services here in the Shipping Times? The Business Times ADVERTISE, CALI IOE WONG 9620 *1 Shipping times Aware?Wins Certifications Come publicise your Award Wins Certifications, Ship Christenings Delivery of Newbuilds, Project Completion, Vessel Conversion Refurbishment, Corporate Image, Corporate Developments and Company98 words
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Page 31 Advertisements
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Advertisement375 2012-05-21 31 Panasonic ideas for life Panasonic Video Conferencing Trusted by Global Industry Leaders Successful organizations around the world, in every field imaginable, trust Panasonic Video Conferencing to optimize their daily efficiency. IT Services Provider By using Panasonic HD Video Conferencing and High-speed Fibre Broadband internet, Fujitsu was able to save even375 words
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Biz IT
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Article, Illustration1074 2012-05-21 32 market.VICTORIA HOreports - Two S’pore firms launch backup solutions, one targeting consumers and the other, the enterprise market. VICTORIA HO reports HOreports market.VICTORIA HOreports WITH so much information in digital form these days, the pain of potentially losing everything in one keystroke has cast a looming shadow over1,074 words
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255 2012-05-21 32 Xinhua [LONDON] A new kind of memory chip made from silicon could be a hundred times faster than standard Flash memory chips, according to a new study of British scientists. Researchers at University College London (UCL) reported in the Journal of AppliedXinhua - 255 words
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Article, Illustration1049 2012-05-21 30 AMIT ROY CHOUDHURY - Symantec feels new technologies offer a way out, reportsAMIT ROY CHOUDHURY reportsAMIT AMIT ROY CHOUDHURY JUST over half, or 58 per cent, of Singapore’s small and medi-um-sized businesses (SMBs) are confident of their ability to overcome an unforeseen disaster. This is coupled1,049 words
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Article, Illustration817 2012-05-21 30 JOSHUA TAN - By JOSHUA TAN USER-DRIVEN Business Intelligence (BI) seems to be the new frontier to achieve better decision-making processes, with business intelligence software system QlikView looking to redefine this landscape. This form of BI, named business discovery by QlikView, redefines the top-down notion of BI,817 words
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454 2012-05-21 30 Bloomberg [NEW YORK] Alibaba Group Holding Ltd is near an agreement to buy back a 20 per cent stake in itself from Yahoo! Inc for about US$7 billion and may announce a deal as soon as today, said a person with knowledgeBloomberg - 454 words
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Article, Illustration918 2012-05-21 30 CLEMENT TEO - Good CRM solution allows firms to react dynamically By CLEMENT TEO TRADITIONAL business applications are passive, back-ward-looking “systems of record”. Users do their work, and then as an added step, perform a transaction to tell the software what’s been done. Rules and reportingFILE PHOTO - 918 words
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Article, Illustration847 2012-05-21 31 AMIT ROY CHOUDHURY - Avaya sees getting the right information to the right person as a big challenge, reports AMIT ROY CHOUDHURY reportsAMIT AMIT ROY CHOUDHURY THE major bottleneck for businesses today is no longer access to information but the ability to connect people to the right information at the847 words
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what’s up
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47 2012-05-21 31 BROCADE has appointed Charlie Foo to Asia-Pacific vice-president. Mr Foo succeeds Deb Dutta to assume the region’s top role, and will report directly to Ian Whiting, senior vice-president of worldwide sales for the firm. Mr Foo has been with Brocade since 2007.47 words
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37 2012-05-21 31 TABLEAU Software has opened its office in Singapore. The business intelligence and analytics software firm is headquartered in the United States and its office here will be led by JY Pook.37 words
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Article30 2012-05-21 31 GROUPON has rolled out its app for two more platforms, Nokia Symbian and Windows Phone 7. It currently supports iOS and Android platforms as well.30 words
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Article, Illustration44 2012-05-21 31 THE Nokia Lumia 900 will retail at $849 in Singapore, and is set to launch next weekend in black, white and cyan. The phone is Nokia’s larger version of its Lumia 800, and runs the Windows Phone 7 OS.44 words
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Article36 2012-05-21 31 HEWLETT-PACKARD has launched its smallest and lightest business notebook, the EliteBook 2170p. It boasts eight hours of battery life and is compatible with the maker’s common docking stations in its business range.36 words
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62 2012-05-21 31 VICTORIA HO - Compiled by VICTORIA HO AS part of the second Cyber Security Awareness Day on July 11, the Cyber Security Awareness Alliance will conduct a series of talks on how to secure your mobile devices and digital lives. The talks will be held at public62 words
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338 2012-05-21 31 Bloomberg [SAN FRANCISCO] Google Inc has won approval from Chinese regulators for its US$12.5 billion purchase of Motorola Mobility Holdings Inc, clearing a final hurdle for a deal that boosts its patents portfolio and steps up competition with Apple Inc. “We are pleased the dealBloomberg - 338 words
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Page 32 Advertisements
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Advertisement169 2012-05-21 32 551 Net Profit March 2012 469 March 2011 348 278 March 2010 March 252 2009 March 2008 168 March 2006 March 2007 $551 m Net Profit US$551 million up by 17.4% on March 2011 85.5 March 2012 66.7 Total Assets March 2011 50.3 March 2010 38.6 March 2009 2 March169 words
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