The Business Times, 25 December 2006

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Total Pages: 24
1 24 The Business Times
  • 22 1 THE BUSINESS TIMES 30th ANNIVERSARY SWGAPOhu SiNGAfmstcefer^wline. at http://business-times.asia 1 .com.sg A SINGAPORE PRESS HOLDINGS PUBLICATION MICA (P) 099/03/2006 Monday, December 25,2006
    22 words
  • 715 1  -  Analysts expect rents to increase by as much as 8% next year By UMA SHANKARI [SINGAPORE] The upward spiral of prime retail rents will continue next year, and possibly beyond. Property consultants and analysts said that after rising 4 to
    DESMOND FOO/ST  -  715 words
  • 426 1  -  Three states among front-runners to host 'S'pore SEZ' By VIKRAM KHANNA [SINGAPORE] India's "next generation reforms" are opening up huge new opportunities for Singapore Inc, according to Tarun Das, the chief mentor of the Confederation of Indian Industry (CII), India's apex
    426 words
  • Page 1 Advertisements
    • 39 1 /Jf| YEAR IN REVIEW I j A bountiful year for S'pore's energy sector V. PAGE 2 'igggi NO BT TOMORROW There will be no BT tomorrow because of the Christmas Day public holiday. Publication will resume on Dec 27
      39 words
    • 18 1 WALL STREET Tbo early to celebrate? PAGES Xl 4 nm 8 *****1 *****4 Markets Digest on Page 2
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    • 128 1 BizlT rfatell maps out 2007 strategies PAGE 24 k j r Ml A mnniA wfcvi J JSM HI |j E 2fn9fl |TS^CT^3#MB HL HlHi! uaiPHP > >, i'■ t >• (1 V' At Rabobank, we don't try to be all things to all AAA rating from Standard Poor's and Moody's
      128 words
    • 44 1 HHH| STOCKS Russian firms queueing up to list in London IMHi PAGE 16 J He's tracking down J j all those who I VaI misbehaved CI I IvJM in 2006 Wl M6B4IS J mL Br II *r idik I ■bgil k« y »■IHl xia
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  • TOP STORIES
    • 1456 2  -  YEAR IN REVIEW Year ending with multibillion-dollar investments in oil and gas projects By RONNIE LIM [SINGAPORE] Save for a minor blot on the yearbook caused by yet another rogue oil trader affair, 2006 proved an extremely fruitful year for Singapore's energy
      YEN MENG JIIN  -  1,456 words
    • 586 2 An extremely fruitful 2006 for S'pore's energy sector SAVE for a minor blot on the yearbook caused by yet another rogue oil trader affair, 2006 proved an extremely fruitful year for Singapore's energy sector. It saw a wave of multi-billion dollar investments in many oil and gas projects,
      586 words
    • 133 2 MARKETS WMk Chg* ST1 .2942.39 +11.10 KLCOMP 1079.72 -9.60 NIKKEI 225 *****.96 ....+190.65 HANG SENG *****.52 ...+209.87 SET INDEX 680.31 -55.98 JAKARTA COMP ...1785.76 -6.40 MANILA COMP ....2858.31 +2.02 TAIPEI TAIEX 7652.47 ....+113.65 SEOUL COMP 1437.49 ......+15.62 SHENZHEN 8... 415.00 +4.49 AUSTALLORD 5577.80 +20.80 DOW JONES *****.22 -102JO
      133 words
    • 499 3  -  Under current terms, offer is contrary to best interests of M-Flex, says firm By MATTHEW PHAN [SINGAPORE] The Singapore Securities Industry Council (SIC) has rejected Nasdaq-listed Multi-Fineline Electronics' (M-Flex) appeal to withdraw its takeover bid for sister company MFS Technology. The US$5OO
      499 words
    • 697 3  -  US, European exchanges eye Asia in a bid to expand By NEIL BEHRMANN in London IT IS only a matter o! time before the big North American and European exchanges begin a battle for a deal in Asia. NYSE chief executive officer John
      AFP; Source  -  697 words
    • 775 3 Rampant optimism is biggest obstacle to another up year NYT [NEW YORK] Stocks are about to finish a fourth straight winning year, the Federal Reserve may be engineering a soft landing for the economy, and valuations still seem reasonable. But rather
      NYT; AFP  -  775 words
  • Page 2 Advertisements


  • TURKEY AWARDS 2006
    • 1638 4 It's no easy job tracking down those who have been bad all year but someone's got to do it. Not Santa Claus, but his less jolly counterpart who's sweeping through town singing: You better watch out There's something about You better not pout I'm telling
      1,638 words
    • 1765 5 Joy to the world not Evil Santa caught Basher writing on his private blog, berating Bruiser for complaining that he has been undermined for being from a humble reindeer family, and how he was worried about not being able to keep up in a society
      AFP; AP; FILE PHOTO; REUTERS  -  1,765 words


  • SINGAPORE MARKETS
    • 261 6 h|WMl b Ms Pay Nfim b looks Pay tad d— lea) «a*t dm Allgreen VSO KO*. H-Ok *a UnairTacfr y 02S 06-ftfc »«b ?l-f«b Asia Pac Brew F i5H 2S-Jan 91-fab U-Hfc Mtyoihi Praajwri F 040 0B-«n 11-ttn 29-Jan AsuPacBrvw UP ?9-Jan 01-Fab 12-ftb MiyoiM Pr*c»Kxi S 020
      261 words
    • 721 6  -  STOCKS R SIVANITHY Senior Correspondent THE thing about playing the stock market is that it's all important for you to get the drop on the next guy. You could, of course, gain this advantage via inside information or advance notice
      721 words
    • 475 6 CURRENCIES AFP [HONG KONG] Major Asian currencies ended the past week mixed with an overall upward bias against the US dollar in thin and lacklustre preChristmas trading. The dollar had fended off a downward revision of the US economy late in the week
      AFP  -  475 words
    • 1837 6 Consensus No.of Forecart Mhh Fifs Consensus No.of Forecast Mean Fifs recommendation art- EPS PE target price recommendation eafl- EPS PC target price Company name This wfc Last mth mates (cents) (ratio) price Company name This wfc Last mth mates (cents) (ratio) price Allco Commercial REIT 1.33 t.33 3
      1,837 words
    • 462 6 COMMODITIES AFP [LONDON! Commodities endured mixed fortunes last week, as the prices of oil and metals mainly fell while coffee and cocoa gained. Gold: Gold prices extended losses, striking a seven-week low. Gold hit U*****.07 per ounce on Monday, the lowest
      AFP  -  462 words

  • COMPANY NEWS
    • 611 7  - Founders' sell-off Brilliant news for minorities HOCK LOCK SIEW By CONRAD RAJ THE decision by the founders of Brilliant Manufacturing to sell off their stake in the company to Japan's Nidec Corporation must have been the best news for a long time for the long-suffer-ing shareholders of the Singapore mainboard
      611 words
    • 557 7 XFN-ASIA PROPERTY developer City Developments Ltd said it remains optimistic that demand for high-end housing will remain strong next year, with prices likely rising another 10-15 per cent. "With strong fundamen-, tals in place and an economy that is growing from
      XFN-ASIA; FILE PHOTO  -  557 words
    • 1619 7  -  INSIDE MARKETS A total of 28 firms post 50 transactions last week vs 67 trades by 31 firms in the previous week, writes ROBERT HALILI ROBERT HALILI THE trading by directors and substantial shareholders slowed in the week before the Christmas .holidays with 28
      1,619 words

  • SINGAPORE NEWS
    • 429 8 CITIBANK said its latest innovative credit card, the Citibank-SMRT ez-link credit card, has met with overwhelming response. The bank has processed and issued some 10,000 new cards in its first week of launch, said Chan Sow Han, head of co-brand cards, Citibank Singapore. Ms
      429 words
    • 490 8  -  Study finds brands must leverage sponsorship with special offers and marketing mix By R SIVANITHY SPONSORING a global event like the Fifa World Cup is obviously better from a marketing viewpoint than sponsoring smaller events, but it appears that most Arms waste
      490 words
    • 412 8  -  Minister discusses cooperation in food safety and trade in agricultural goods By KELVIN HAN VIETNAM in which Singapore is thp largest foreign investor and a strong trading partner is looking at ways to boost trade between the two Asean partners even farther. Vietnam's
      412 words
    • 94 8 DATE/ TIME EVENT VENUE 26 Oct 06- NUS-Cultures of Creativity Lee Kong Chian 24 Jan 07 -The Centennial Exhibition Atrium, University Hall 11.00am of The Nobel Prize National University of Singapore 25-28 Dec Singapore Arts Museum Queen Courtyard 10.00am Gibbon Jungle k 29 Dec Artist Guided Tours for
      94 words
  • Page 8 Advertisements
    • 124 8 (heading Dell)l^^H^H|^|H| j C is not the heart 9 P of my life, it is B I Sfie something Ido for DBlO I is my family, I withy<^ C nnOCUvHv B my faith, and I hsdpa <3 6G> capable Oth©r interests. I QSM Quad-band and H §j Tn-band WCDMA iff
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    • 11 8 IFTiT Lianhe Zaobao I Analysts I remain cautious I miturasß I
      11 words
    • 287 8 M THE MATTER OF THE OOMRANES ACT (CHAPTER SO) AND MTHE MATTER OF HUP HUAT FOOO INDUSTRIES (S) PTC. LTD. Company RagaMion Nwntor *****1602E (In Mante* VWurftry Uquldtfon) AtanExtaordnaryGananlMaaingaftwMxMninwd Company duly cormnad aid M «101-A Uppar Croat Sh«l 111-22 tap*! Part Can*. Sngapon *****1 on Friday, tw ISti day of
      287 words
    • 30 8 SCORE CARD Keep your investors informed by advertising your financial results in our newspapers. Call 1800 289 8822 or email notices®spti.com.sg. Hi Hi m I Wm Hi Die Business times
      30 words

  • ECONOMY WATCH
    • 725 9 In a policy shift, Tokyo proposes to raise spending and lower public debt AFP Bloomberg [TOKYO] Japanese Prime Minister Shinzo Abe's government adopted its first budget yesterday with a shift in gear to raise spending while counting on a growing economy to lower
      AFP; Bloomberg; AFP FILE PHOTO  -  725 words
    • 478 9 Reuters Bloomberg [BERLIN] The United States is open to talks during Germany's Group of Eight (G8) presidency in 2007 on possible ways to improve hedge fund transparency, a German official said after the countries' finance ministers met on Thursday. US Treasury Secretary Henry
      Reuters; Bloomberg  -  478 words
    • 688 9 Reuters [SINGAPORE] Asia's oil industry will see only a handful of new fields pump their first crude next year as construction setbacks and rising costs delay major projects, interrupting this year's production revival. After grappling this year with tricky
      Reuters; REUTERS  -  688 words
    • 442 9 However, shares of some players have suffered losses Reuters [NEW YORK] Credit problems in risky mortgages have hurt some lenders but are unlikely to infect the broader financial markets as most investors believe the US economy can withstand the pressures of a weaker housing
      Reuters  -  442 words
    • 434 9 NYT [NEW YORK] An influx from California helped make Arizona the fastest-growing state, displacing Nevada for the first time in nearly two decades, according to census figures released on Thursday. At the same time, North Carolina delivered an indignity to New Jersey,
      NYT  -  434 words
    • 149 9 AFP [MANILA] The Asian Development Bank (ADB) said on Saturday it was lending US$32O million to help the poor in Pakistan obtain access to wider financial services, including microfinance. The loans would go to developing a legal and regulatory framework and removing bottlenecks that
      AFP  -  149 words

  • MALAYSIA/INDONESIA
    • 673 10  -  MALAYSIA INSIGHT In order to avoid firms delisting and relisting elsewhere, M'sia should do away with measures put in place under the NEP S JAYASANKARAN KL Correspondent KUALA Lumpur's decision to scrap the Foreign Investment Committee (FIC) requirement to "approve" foreign purchases of residential property
      673 words
    • 676 10 Its assets double to RM4b with 4 new trust funds this year [KUALA LUMPUR] The market capitalisation for Malaysia's real estate investment trusts (Reits) sector grew 47 per cent to about RM2.B billion (551.22 billion) while its asset size doubled to RM4 billon
      676 words
    • 498 10 AFP [JAKARTA] More than 60 people have been killed and another 160,000 forced to flee their homes in floods that have swept through parts of Indonesia and Malaysia in the past week, officials said yesterday. In Indonesia, the death toll has risen to 60 and
      AFP  -  498 words
    • 217 10 [KUALA LUMPUR] The mega plantation merger has cleared its first hurdle as directors of all three firms gave their thumbs-up and an integration committee may be announced this week, says a report in Malaysia's Business Times. The board of Golden Hope Plantations Bhd (GHope)
      217 words
  • Page 10 Advertisements
    • 157 10 Diners Club Card To apply, ca*****6 0980 I kHhBHRb A World of Exclusive Privileges Treats Diners Club www. Jmers.com.sg V* International' To Celebrate «.l I MgforffcoD, BMIBISWi 1 A corporate gift, I I 1 SOME PB»PEE EVEN offers a large HHjH m f aPAT T T IC^AV selection of wines
      157 words

  • GREATER CHINA
    • 414 11 Bloomberg [BEIJING] China has ordered banks to open more rural outlets, set up community banks and credit cooperatives to provide fluids for the country's farmers, according to rules announced on Friday by the China Banking Regulatory Commission. Local and overseas banks that
      Bloomberg  -  414 words
    • 437 11 Land scarcity, nèd for food crops the stumbling blocks Bloomberg [BEIJING] China's shortage of farmland and a government priority to grow food crops for the world's most populous nation may curb plans by China National Petroleum Corp and CNOOC Ltd's parent to produce
      Bloomberg  -  437 words
    • 217 11 AFP Xinhua [BEIJING] Chinese lawmakers yesterday mulled a draft law that would impose a 25 per cent income tax on both domestic and foreign firms, eliminating the preferential vrate for overseas companies, state media said. The taxation bill was unveiled to the
      AFP; Xinhua  -  217 words
    • 58 11 [HONG KONG] The Guinness World Record Champion of Hula Hoops. Kareena Oates from Australia, performs her hula-hoops skills at a local shopping mall here on Dec 22. Ms Oates manipulates about 70 hula-hoops around her body at one time, and will be shown to the public
      AFP  -  58 words
    • 418 11 The HK$1.4b deal will expand bank's hire purchase and lease financing Bloomberg [HONG KONG] Wing Hang Bank Ltd, the fifth-largest publicly traded bank in Hong Kong, agreed to buy Inchroy Credit Corp Ltd, an automobile financing company, for HKSI.4 billion (*****.6 million). Inchroy,
      Bloomberg  -  418 words
    • 312 11 [HONGKONG] China Life Insurance, the first insurer to plan a listing in the mainland, has finished its price consultation and expects to set the range between 20 yuan and 24 yii&n a share, The Standard reported citing fund managers. "The
      312 words
  • Page 11 Advertisements

  • INDIA
    • 707 12 Likely interest rate hikes will curtail consumer spending: analysts AFP [MUMBAI] India's economy will continue to boom in 2007 but analysts say demand will slow as its central bank hikes interest rates to curtail consumer spending and higher prices. India's one-billion-plus population are buying
      AFP  -  707 words
    • 491 12 NYT AP [LONDON] Potential buyers are circling Hutchison Essar, the fourth-largest mobile phone operator in India, in a deal that could top US$l4 billion, say executives who are involved in the negotiations. Vodafone, Orascom and the private equity group Blackstone, possibly in concert with
      NYT; AP  -  491 words
    • 171 12 Bloomberg [MUMBAI] India allowed overseas investors to buy up to 49 per cent in its stock exchanges, clearing the way for the Multi Commodity Exchange of India Ltd, the world's third biggest gold bourse by volume, to sell shares. The limit comprises foreign direct investment
      Bloomberg  -  171 words
    • 2959 12 Transaction date: Dec 22 For a full listing of the closing prices, log on to BT Online at http://business-times.asia 1 .com.sg after 11.30pm every trading day HONG KONG yol I Daqing Petroleum —0.34 unch 3111 NKS W- '000 Datang Irrtnl Power Gene ...7.88 -0.20 8193 Denway Motors 3.08
      2,959 words
    • 269 12 Reuters [NEW DELHI! A member of India's lowest Hindu caste is set to become chief justice of its powerful Supreme Court for the first time, officials said Justice K G Balakrishnan, 61, will take over on Jan 14 when the incumbent, Y
      Reuters  -  269 words
    • 328 12 Bloomberg [NEW DELHI] India's consumer and household product companies can expect to sell more goods in the country's villages and towns as rural incomes increase, a survey said. Demand for products such as toothpaste, instant coffee and deodorants in the nation's
      Bloomberg  -  328 words

  • FOCUS: INDIAN ECONOMY
    • 1509 13  -  The latest economic reforms percolating through the economy may make this possible within 18 months, VIKRAM KHANNA writes VIKRAM KHANNA HAVING grown at an average of close to 8 per cent in the last four years, India is on the verge of surpassing
      REUTERS; PHOTOS: AFP  -  1,509 words

  • ASIA-PACIFIC/WORLD
    • 713 14 Plight of underpaid in focus amid news of £50m bonus for a Goldman trader AFP [LONDON] Workers in the City, London's financial centre, are celebrating re-cord-high annual bonuses. Following a year in which stock markets and commodity prices have hit record peaks, City
      AFP  -  713 words
    • 469 14 Hedge funds seen sustaining growth rate next year Bloomberg [NEW YORK] US trading of options exceeded two billion contracts this year, more than double the total in 2003, as hedge funds and institutional investors increasingly turned to derivatives to boost returns. The
      Bloomberg  -  469 words
    • 591 14 Reuters [LONDON] A slowing global economy will erode but not eliminate bumper emerging market returns next year, with the uncertain US economic outlook likely to cause some ups and downs in risk appetite. Given rising US, euro zone and Japanese interest rates,
      Reuters  -  591 words
    • 306 14 Bloomberg [BANGKOK] Bangkok Mass Transit System Co, which runs the Thai capital's elevated train system, said it plans to raise at least US$l billion selling shares, part of a plan to settle debt. Private investors will be offered US$6OO million of shares before an
      Bloomberg  -  306 words
    • 635 14 AP [BANGKOK] For Finance Minister Pridiyathorn Devakula. last week's move to impose foreign capital controls was simply a bid to save the country's export-de-pendent economy that should be seen as temporary measures. "A small nation like ourselves if we
      AP; AFP  -  635 words
  • Page 14 Advertisements
    • 25 14 HOT IPO Attract more interest from investors. Place your IPO notice in our newspapers. Caii 1800 289 8822 or email noticesfsph.com.sg. •S v WATS NOTICES
      25 words

  • FOCUS: CHINA
    • 1396 15  -  HOWARD W FRENCH looks at why the Chinese city is beginning to look less like an economic model of success HOWARD W FRENCH NYT WHEN Zhang Feifei lost her job in the booming Chinese industrial city of Shenzhen, she was not terribly concerned. Jobs
      NYT; REUTERS  -  1,396 words
    • 836 15 Beijing finds fault with foreign companies for its rising pollution problems in political campaign LA-TWP LAST month, the International Energy Agency (lEA) announced that China would probably surpass the United States as the world's largest contributor of the greenhouse gas carbon dioxide
      LA-TWP; AFP  -  836 words

  • WORLD
    • 724 16 Proposal amended to placate Russia which has economic ties with Iran NYT AFP [UNITED NATIONS] The Security Council on Saturday unanimously agreed to sanctions intended to curb Iran's nuclear programme, capping months of negotiations over how severe and sweeping the restrictions should be. But
      NYT; AFP  -  724 words
    • 53 16 [SAN FRANCISCO] In this photo provided by the San Francisco Zoo. two reindeer eat treats from a Christmas tree at the San Francisco Zoo. as part of the zoo's second annual Reindeer Romp festivities here last week. The treats in the tree consisted of sliced apples
      AP  -  53 words
    • 690 16 Reuters [MOSCOW] Russian authorities look likely to turn their attention to BP pic's joint venture in the country after a decisive victory over Royal Dutch Shell. Robert Dudley, head of the BP venture will be feeling lonely at the top of the
      Reuters  -  690 words
    • 734 16 Private equity drives M&A deals to record year NYT [NEW YORK] Over the first weekend of November, lawyers at Ropes Gray in Manhattan were busy working on a bid by the pri-vate-equity firms Thomas H Lee Partners and Bain Capital for the radio
      NYT  -  734 words
    • 519 16 [LONDON] Russian companies are scrambling to float on the London Stock Exchange (LSE) in 2007, with Sberbank, the country's biggest savings institution, expected to be first off the block in February. It plans to raise as much as £6 billion (SSIB.I billion),
      BLOOMBERG  -  519 words

  • SHIPPING/AVIATION
    • 404 17 AP [DENVER] Denver's airport was operating at close to capacity on Saturday after being snowed in for two days, but for many travellers jammed in its terminals it was not expected to be enough to rescue their hopes of joining their families
      AP; REUTERS  -  404 words
    • 522 17 AP [ATLANTA] Delta Air Lines will resume hiring new pilots after a five-year hiatus, with interviews for new co-pilots starting in January, the company said on Wednesday. The announcement wasn't unexpected, as the Atlanta airline stated last month it would bring back 200 furloughed pilots
      AP  -  522 words
    • 567 17  -  New rules put ship design emphasis on preventing casualties By DONALD URQUHART [SINGAPORE] Passenger ship safety was the issue de jure at the recent International Maritime Organisation's annual safety committee meeting which saw a focus on passenger ship design aimed at both casualty
      567 words
    • 334 17 Bernama [KUALA LUMPUR] The Port of Tanjung Pelepas (PTP) has become the first port in Asia to receive recognition for fully complying and adhering to the Port Safety Health Environment Management System Codes laid down by the Partnerships in Environmental Management for
      Bernama  -  334 words
    • 2095 17 cm m .Mi Mi sg<»-5To—S5r«is gs -Hf £f lit H jSmi r*K gTirai ***** 0715 UL2349 0010 L °*?i KL83S 2315 EIC40 4 1345 EM05 0220 Sag SJs E"£ <940 lES! 0250 as= w lots 01% «0! H2° /MM EK433 0130 1MB 2100 I 23« UL2433
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  • Page 17 Miscellaneous
    • 207 17 CRYPTIC CROSSWORD 14 Prove time ran 18 Announcement telling how jftii ISI? todisengage 1 It could get Charon in a fix on the Styx (6) 2 Tearaway's daylight robbery 15 Suitable weapon for a sharp- YESTERDAY'S SOLUTION (3,3) shooter? (6-3) Across: 1 Slush fund, 9 En suite, 3 lamin a
      207 words

  • 11348 18 STRAITS TIMES INDEX STOCKS Stock nam* Wt Oom Changt Stodi name Wt Oom Chang* Stodi nam* Wt don Chang* Allgreen 0.39 1.360 +0.080 Hyflux 0.31 2.300 +0.050 SPH 3.40 4 200 +0.040 Ascendasreit 1.07 2.500 -0.010 JMH 3.12 21.300 +0.100 STEngg IjO 3.080 +0.040 BILIntl 0.41 1.680 JSH
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  • 6382 19 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES In local cm m SS b UK «ty yr %dy %yr dy *yr 0*c 22 lnd€« Clang* Cnanqe Ch»r g« Chanqm Chang* World Index Preliminary 1093.3 -03 12.8 -05 15-04 173 im Wmpaq 1097 7 -03 12* -05 133 -03 324 Europe Preliminary
    6,382 words

  • Page 20 Advertisements
    • 1403 20 UK CONTINENT SERVICE U.S.A SERVICE Destination Destination DD SUCCESS RDM/ATW/BMNALB/NAN MATIRA CAM/NFK/NCX/SAV Isod, Singapore, E./W. Maloyio, ln<Wia u»d> E /W. !r«W, MIPDLE-EAOT SERVICE WMX SERVICE Destination J SAFE DBI/ABU/DOH/BRN/DMM/KWT Destination VANGUARD DBI/ABU/DOH/BRN/DMM/KWT STX PO TBN INC/BSN Loads Singapore, E./W. Malaysia, Indonesia Loads E. Malaysia, Indonesia OTHER SERVICES Tramping for bulk,
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  • Page 21 Advertisements
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      788 words

  • THE BUSINESS TIMES SHIPPING TIMES
    • 6213 22 This ETA HA Advartbar VhmI Voyagt Ittftmm ETA ETA AdwtlMr VmmI Voyage Tiliphim SIN Oacfn Nama Nama Number Mwhar SM Dacfn Nana Nana Number Mmnti n 08/01 11/01 Sinokor DONGTAI PEARL 612N *****516 To ABIDJAN (ABJ) 2003 Cot* D'lvoire 08/01 14/01 Nortrans ASIA EXPRESSI
      6,213 words
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      281 words


  • BizIT
    • 716 24  -  The company's president of Asia-Pacific operations expects regional revenue to be flat in the coming year, reports ROLAND LIM ROLAND LIM FRESH from its recently announced partnership with software giant Microsoft, enterprise Linux vendor Novell is also boosting its own software development efforts
      716 words
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    • 204 24 Reuters [SAN FRANCISCO] Contract electronics manufacturer Solectron Corp last week posted a lower quarterly net profit due to higher restructuring costs, though the results were helped by strong consumer electronics sales. Earnings excluding special items were in line with Solectron's own forecast, and
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    • <what's up>
      • 84 24 CREATIVE has launched the SE2300, a pair of lightweight wireless headphones supporting Bluetooth technology. The new offering comes equipped with an audio transmitter with an operating range of 10m. With Bluetooth support, users can easily sync the headphones with devices like their PCs, handhelds and mobile
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      • 64 24 ADDING to the existing Wireless@SG network, mobile operator Ml is now offering its own free wireless broadband service boasting download speeds of up to 1Mbps at Parco Bugis Junction. Unlike most wireless broadband services today, Ml's offering uses Mesh Wi-Fi deployment which promises wider network
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      • 67 24  -  Compiled by WINSTON CHAI IT CONSULTANCY Avanade has appointed Ang Miah Boon as the general manager for its operations in the Asia-Pacific region. In his new role, Mr Ang will oversee the firm's subsidiaries in Australia, Japan, Malaysia, Singapore, Thailand, and China. An IT industry
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