The Business Times, 21 January 2008

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Total Pages: 30
1 30 The Business Times
  • 22 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://business-times.asial.com.sg mm A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA (P) 122/12/2007 Monday, January 21,2008
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  • MARKETS DIGEST
    • 55 1 Weekly Change 3,104.25 -183.09 ST Index KLCOMP 1,439.49 -76.73 NIKKEI 225 13,861.29 -249.50 HANG SENG 25,201.87 -1665.14 SET INDEX 789.67 -6.80 JAKARTA COMP 2,611.13 -219.13 MANILA COMP 3,168.30 -335.40 SEOUL COMP 1,734.72 -47.55 SHENZHEN B 683.87 -37.98 MUMBAI IND 19,013.70 -1813.75 DOW 12,099.30 -507.00 NASDAQ 2,340.02 -99.92 S&P 500
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    • 30 1 Bloomberg SINGAPORE 5.33 MALAYSIA 6.74 HONG KONG 7.50 INDONESIA 15.483 TAIWAN 6.156 JAPAN 1.875 KOREA 9.33 BRITAIN 5.75 US 7.75 CANADA 6.25 SWITZERLAND 4.08 INDIA 12.75 Source: E
      Bloomberg  -  30 words
    • 40 1 US$ (S$ per US$) 1.436 (US$/S$ per 1.968 2.826 EUR0(US$/S$/E) 1.462 2.100 YEN 107.20 74.70 RM 3.269 2.276 HK$ 7.805 5.435 BAHT 33.03 22.99 RUPIAH 9,450 6,580 RENMINBI 7.246 5.045 INDIAN RUPEE 39.28 27.35 1.139 0.793 nz: 1.307 0.910
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  • 686 1  -  LYNETTE KHOO Middle Eastern group's offer price of $6.25 per share values the company at $537.1 million [SINGAPORE] Middle East-based Al-Futtaim yesterday made a surprise voluntary cash offer for all the issued shares in Robinson and Co (RCL) that it does not
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  • 518 1  -  LYNETTE KHOO [SINGAPORE] Singapore Sports Hub (SSH) Consortium, which nailed the bid for the upcoming Sports Hub with its iconic domeshaped design, is now in preliminary talks with Genting International to build a hotel in the Sports Hub. "We are in
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  • Page 1 Advertisements
  • Page 1 Miscellaneous
    • 69 1 BizlT I o*\ COMPANIES I COMMENTARY I DINING OUT f^B Green IT good for pg 5 E3, Jade buy 49% Exports no longer A great dining %0^ the bottomline SIS mgS^ of Jilin refinery key engine of growth? partner 1 PAGE 30 L^Jl PAGE 7 PAGE 2 PAGE 13 VIEWS
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  • TOP STORIES
    • THREE-MINUTE DIGEST
      • 70 2 AVERY Strategic Investments, a Morgan Stanley-controlled venture that bought three foreign workers' dormitories from JTC Corp last year for $153 million, is gunning to be the biggest player in this sector, investing a further $100 million to develop an "upmarket" dormitory fronting Jurong River.
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      • 71 2 E3 HOLDINGS and Jade Technologies, mainboard-listed companies linked to venture capitalist Anthony Soh, are together buying a 49 per cent stake in an oil refinery in China's Jilin province for about 241 million yuan (5547.8 million). The deal is believed
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      • 57 2 SING Holdings said its joint venture vehicle is filing an intervention application with the High Court to be added as a party to the appeal made by majority owners of Finland Gardens in Siglap against the ruling that dismissed their
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      • 57 2 DEFYING wide consensus of a more subdued private property market here amid US sub-prime woes, house hunters bought half the 120 units launched over the weekend at Waterfront Waves. The project, near Bedok Reservoir, is a 405-unit condominium jointly developed by Far East Organization
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      • 98 2 FOR much of the world, the US is now on sale at discount prices. Last year, foreign investors poured a record US$4l4 billion into securing stakes in US companies, factories and other properties through private deals and purchases of publicly traded stock,
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      • 51 2 CHINA drew U5574.7 billion in foreign direct investment in 2007, underlining its continuing attractiveness to international companies despite an increasingly choosy stance by Beijing. The 2007 total shows that investors continue to pour money into China despite a shifting policy landscape. GREATER CHINA, PAGE
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      • 59 2 CONTRARY to reports that Cisco Systems aims to phase out its popular Linksys consumer brand, the networking equipment major has in fact drawn up plans to reinforce the brand worldwide. Linksys Asia-Pacific vice-president Craig Gledhill told BizlT that the new global branding
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    • 817 2  -  CHUANG PECK MING COMMENTARY Is the Singapore economy relying less on external trade and more on the domestic market for growth? T WAS not supposed to have happened the way it did. The world economy did well in 2007, which means I trade-dependent
      FILE PHOTO  -  817 words
    • 730 3  -  KALPANA RASHIWALA Morgan Stanleycontrolled venture aims to be market leader in this sector [SINGAPORE] Avery Strategic Investments, a Morgan Stanley-controlled venture that bought three foreign workers' dormitories from JTC Corp last year for $153 million, is gunning to be the biggest player in this
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  • Page 2 Advertisements
    • 468 2 people.* Black belts WOrR wanted. www.thepeopleatwork.com Asia-Pacific Executive Search HHESSBBBSSHI k At 25 years, Mr Aswin Tan, a charming individual and graduate with solid academic JM BklMs NYSE Area <^^ results may seem too young and brave to retire from the corporate world. He now M enjoys his time reading
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    • 83 2 JrTvVI v^_| __^_^^_j__u^_r\ Sovereign and Presido are now called ComfortDelGro LimoCab Business or pleasure, we fulfill all your taxi limousine needs. Gain access to .^mi W^l Singapore's largest fleet of Mercedes-Benz _f__iP a taxi limousines and 7-seater MaxiCabs. Z -> Corporate members enjoy preferred rates jjS^ JP h for services
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  • Page 3 Advertisements
    • 98 3 V_] SINGAPORE MANAGEMENT UNIVERSITY At Singapore Management University (SMU), accounting, business, economics, information we understand that business is more than just systems, law and social sciences. A searchable supply and demand. That is why we created the database of related articles and extracts provides online knowledge portal Knowledge@SMU -to quick
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    • 2 3 n__n_ _^_^_^_^_B^^^^^^^^^^^^^^s.
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  • SINGAPORE MARKETS
    • 777 4  -  R SIVANITHY STOCKS HAS a bear market already arrived? It depends on who you ask. It also depends on what your definition is, which stocks are examined and of course, what reference prices are used. But
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    • 458 4 AFP COMMODITIES [LONDON] Oil prices slid further last week on widespread fears of a US-led economic slowdown, which also pushed gold prices to new record highs above US$9OO an ounce. US President George Bush called on Friday for Congress to act
      AFP  -  458 words
    • 351 4 WBLCorp ao 5.000 18-Feb 20-Feb 03-Mar Legends US$; Rmb; HK$; A) As; Pound; Rupiah; Yen; Euro; AA) Baht; RM; Peso; AAA) Rs; NT$; (ad] Cash/Bonus Tax Exempt (One-Tier); (af) Dividend/Distribition; (ai) Final; (am] Final Special Tax Exempt (One-Tier); (an) Final Tax Exempt; (ao) Final Tax Exempt (One Tier);
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    • 531 4 AFP CURRENCIES [HONG KONG] The Japanese yen last week reached a two-and-a-half year high against the dollar as concerns mounted about the shaky US economy, but most Asian currencies ended the week down against the greenback. Japanese yen: The
      AFP  -  531 words
    • 1740 4 Source: Reuters Consensus No. of Forecast Mean Fri's recommendation esti- EPS PE target price This wk Last mth mates (cents) (ratio) price Company name \dvance SCT Limited 1.50 2.00 2 6.55 11.53 1.69 0.74 Jlco Comm REIT 1.60 1.60 5.49 14.94 1.56 0.78 .II' ireen Pro :ies 2.80
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    • 4 4 WEEKLY
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    • 47 4 Jan 18 VALUE CLOSE -2096.00-252.0C IT OB/OS IT CADI -*****.00-104.0i IT 10-day MA -*****.00-210.0i TSE ST Mid Cap 790.03 -10.0: TSE ST Small Cap 727.11 -8.0: TSE ST All Share 802.74 -9.3' TSE ST China 604.74 -11.6' iMSCI 379.48 -4.2 iMSCI Future 379.70 -5.9'
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    • 65 4 VOLUME JiutianC 342,045,000 Sunmoon 263,893,000 Firstßes 247,896,000 JES 244,795,000 Yanqzijianq 231,848,000 Sing Tel 229,013,000 STXPOKWIOO 202,075,000 China Honqxinq 171,261,000 ChinaAElec 142,998,000 SinqTelMBLeCWOBO6O3 142,114,000 VALUE(S) Sing Tel 903,881,159 SGX 870,901,336 DBSGrp 866,479,297 STXPOKWIOO 519,087,013 UOB 503,848,435 Capita Land 477,619,437 Keppel Corp 475,507,073 Wilmar 425,313,760 Cosco Corp 393,291,733 OCBC
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    • 104 4 CLOSE UP m 3400SGAePW*****0 80 36.5 83.9 m 3200SGAePW*****0 44 28.0 175.1 ;TI 3700SGAePW*****8 89 27.0 43.! ;GXMBLePW*****0 61.5 24.0 64.I ;GXMBLePW*****8 94 23.5 33.; ;tar Hub 306 22.0 7. 'ilmar DBeCW*****1 67.5 21.0 45.; "otal Access 123 20.1 12.1 iCBCBk4.5%NCPS 100 ***** 20.0 o.; m 3400BNPePW*****0 41 20.0
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    • 92 4 CLOSE DOWN 8700-301.5 -2.4 LP 10US$ China H 10US$ 1862-269.9 -9.2 lardine C&C 2000-196.0 -8.9 iGX 955-155.0 -14.0 lUE 1360-140.0 -9.3 Con 1144-134.0 -10.5 iBS Gr| 1868-116.0 -5.8 i PC 634-116.0 -15.5 Venture Con 968-112.0 -10.. iGX MBL eCW*****4 5-107.0 -95.5 iGX MBL eCW*****4 BY PERCENTAGE CLOSE DOWN 5
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    • 85 4 Reuters Source: Where S! stands Jan 18 %CHNG CLOSE FRJan17 YR 2008/07 S$ LOW S$ HIGH uss 1.4355 -0.17 1.5479 1.4257 Euro 2.1014 -0.32 2.1639 1.9913 Pounds 2.8256 -0.08 3.1194 2.7885 AS 1.2591 0.48 1.3555 1.1741 Yen* 1.3415 -0.77 1.3821 1.2285 Rupiah* 0.***** -0.27 0.***** 0.***** Baht* 4.3447 -0.44
      Reuters  -  85 words

  • COMPANY NEWS
    • 736 5  -  LYNETTE KHOO ADVICE from an independent financial adviser (IFA) on a company transaction is often deemed unquestionable and lays the ground for any decision to be made on a deal. Underpinning this advice are well-measured assumptions to deduce whether the transaction makes financial sense and
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    • 724 7  -  CHEW XIANG Deal said to be first time that a Spore firm is going into oil refining in China E3 HOLDINGS and Jade Technologies, mainboardlisted companies linked to venture capitalist Anthony Soh, are together buying a 49 per cent stake
      724 words
    • 336 7  -  LYNETTE KHOO SING Holdings said its joint venture vehicle is filing an intervention application with the High Court to be added as a party to the appeal made by majority owners of Finland Gardens in Siglap against the ruling that
      336 words
    • 115 7 Compiled by BT Full year ended Dec 2007 First Reit Jan 21 Ascott Residence Trust Jan 23 K-Reit Jan 23 Mapletree Log Jan 23 Evergro Prop Jan 24 M 1 Jan 24 BH Global Jan 24 The Ascott Grp Jan 25 Keppel Telecomm Jan 28 Keppel Land
      Compiled by BT  -  115 words
  • Page 5 Advertisements
    • 244 5 prive presents BENROMACH WHISKY DINNER CELEBRATING THE ARRIVAL OF THE CLIPPER GLASGOW: SCOTLAND WITH STYLE AS PART OF THE CLIPPER 07-08 ROUND THE WORLD YACHT RACE tj WEDNESDAY 23RD JANUARY 2008 *W PRIVE www.prive.com.sg MARINA AT KEPPEL BAY U^ 2 KEPPEL BAY VISTA A SINGAPORE *****2 (L—■! LIMITED SEATS AVAILABLE
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  • SINGAPORE MARKETS
    • 1532 6  -  TEH HOOI LING IT WAS a week that share investors would rather forget. Or rather, it's been a dreadful three weeks which investors wished they didn't have to go through. We are into the third week of 2008, and stock prices have done nothing but fall.
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    • 816 6  -  ROBERT HALILI INSIDE MARKETS THE steep drop in the stock market, which saw the Straits Times Index fall by 5.6 per cent last week, resulted in a surge in the buying and a fall in the selling by directors, substantial
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    • 112 6 i Land 5.890 +0.130 iMall 2.850 -0.040 Cit> 11.700 +0.400 Cosco Cor| 4.850 -0.090 iBS Gr| 18.680 -0.460 :SN 5.220 -0.280 ient Intl 0.635 -0.005 KLand 4.630 -0.100 ISH 15.580 -0.320 lardine CSC 20.000 -0.580 Kei il Cor[ 11.440 -0.100 Kei ii Land 6.200 -0.080 NOL
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    • 87 6 Up Down Unch Up Down Unch Up Down Unci lulti Ind 3 14 1 0 0 0 14 lanufacturini 14 207 19 37 10 17 244 Commerce 74 18 92 >r/C. ms 36 38 :inance 35 37 Construction 17 12 29 'ro| 42 42 lotels/Rsts 12 17
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    • 121 6 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 135.578 135.578 708.909 708.909 lanufacturini 2.671.504 331.598 3.003.102 2.524.397 32.899 2.557.296 Commerce 820.080 27.205 847.285 543.886 5.211 549.097 r/C< 854.729 4.542 859.271 2.451.153 1.527 2.452.68( :inance 287.459 412 287.871 2.767.019 79 2.767.098 Construction 379.705 103.714 483.419 127.198 14.110 141.308
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  • Page 7 Advertisements
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      588 words

  • VIEWS FROM THE TOP
    • 2962 8 THIS WEEK'S TOPIC What key elements should Singapore's healthcare means testing system include? What other factors should the health authorities consider? Sam Yap SG PhD (Entrepreneurship), USA Group Executive Chairman Cherie Hearts Group Int'l Pte Ltd IN a nutshell, a good healthcare means testing system
      FILE PHOTOS  -  2,962 words

  • Page 9 Advertisements
    • 431 9 SG Ph^BliX 12% Notes Series 9 SG PhOGnJX 16% Notes Series 10 TT *£^W t^ib *>JJ v :i#:!';:cvß I —I •jffifa «^n^i»][^ c^ial £ju »|f»>yjl«u^ yHfy -Uia. Eli;- f' S Ik!"^ Bhtl ;:r !fli||^^^^^^^_^ Pilar »+3>lmJ miflJ I PaiiJim/;/ 'ittt) fcma+aai i!> aieiu^a viHntiii) n-jusa) ppj |J^^^—^gy Distributors: DMG Partners
      431 words

  • SINGAPORE NEWS
    • 314 10  -  LYNETTE KHOO 60 units of condo project near Bedok Reservoir sold at $750-800 psf DEFYING wide consensus of a more subdued private property market here amid US sub-prime woes, house hunters bought half the 120 units launched over the weekend at Waterfront Waves. The project,
      314 words
    • 367 10  -  VINCENT WEE Keppel Bay offers best of premium waterfront lifestyle RIGHT from the outset, Marina at Keppel Bay is proving to be the jewel in the crown of Keppel Land's 32-hec-tare Keppel Bay waterfront residential precinct. The $30 million marina was opened by Senior Minister
      367 words
    • 186 10  -  NISHA RAMCHANDANI THESE days, a lot of emphasis is placed on giving back to the community. And Asia Pacific Breweries Singapore (APBS) is striving to do just that by supporting the nation's bid to host the Youth Olympic Games (YOG) in 2010. Receipts from
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    • 359 10  -  ANNATEO PRIME Minister Lee Hsien Loong begins today a three-day visit to France before heading to Davos for the annual meetings of the World Economic Forum (WEF). In Paris, Mr Lee is scheduled to call on President Nicolas Sarkozy this afternoon. This
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  • Page 10 Advertisements
    • 372 10 Controls Masterclass I Detecting Systemic Weakness and Employing Investigative Auditing for Effective Compliance Thursday Friday, 21 22 February 2008, 9,00 am 5.30pm Holiday Inn Park View, Singapore Overview "N Every year, it is a documented fact that businesses lose billions of dollars as a result of fraud. The Association of
      372 words
    • 270 10 LUXURY TOURS TRAVEL PTE LTD /^ftfffV Vf9V)&\ Tl,e fading Operator CkiSuJamUtL^P/ Established since 1985 100 Orchard Rd. #02-16 Meridien Shopping Centre Exclusive Coach Singapore *****0 Email: luxtur@siiignet,com,sg Subsidiary, luxury coach service Website: www.luxurv.com.sg Member of NATAS 40 coaches available for charter Singapore Malaysia WW JS^ %^F*9? heater Coaches Bjv i__/'
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  • DINING OUT
    • 600 12  -  Ch&ah Ui-Hoon $25 AND UNDER Rakuzen Time2@Millenia Walk, 9 Raffles Boulevard, #01-16/19 Tel: 6333 1171 EVERY so often, one discovers a restaurant operator who offers quality food at affordable prices. Such restaurants might be rare but they do exist, even for premium-priced Japanese food. Yes,
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  • Page 12 Advertisements
    • 392 12 li^i^k. j mmw~ hlb^^H HSV m f 4v f fl| J^p 1 if ift V^j^K m. Amm\ ij^B^i^ij^i^i^i^BlliPPlillßlilPlJl^^ Bravehearts Who Cook Discover Scotland's finest culinary talent when Guest Chefs Raymond Capaldi and Martin Wishart join Pan Pacific Singapore's Executive Chef Joseph Martin to present Bravehearts at Global Kitchen. Acclaimed culinary
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  • DINING OUT WITH citibank
    • 766 13  -  JAIME EE POWER Lunch IF you're looking for impeccably cut shirts that even Singapore's ministers swear by, Fong Loo Fern is your go-to person. When it comes to food, though, the managing director of CYC The Custom Shop self-depre-catingly protests that she is
      JOHN HENG  -  766 words
    • 767 13  -  Geoffrey Eu NEW RESTAURANT Huang Ting 6 Eu Tong Sen Street, The Central #04-63. Tel: 6410-9750 www.huang.com.sg GIVING traditional Chinese cuisine a contemporary touch by introducing non-traditional ingredients, jazzing up the food presentation and serving dishes in individual portions is the preferred option for new
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  • Page 13 Advertisements
    • 57 13 Indulge in over 600 gourmet pleasures with your Citibank credit card. For more details on the privileges, log on to citibank.com.sg efti mm IE9 ■gfflM @*w dSa* n- m^^^ I I ij^^% ij^^N f J a Q..., j-ggi QS,H y- v. ra Your Citibank guide to gourmet pleasures this week
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  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • 996 14 Even with a driven personality, a trader's career life span tends to be short because of the high-stress work, reports QUAH CHIN CHIN HAVING a career in foreign exchange (forex) trading often comes at a price, both literally and figuratively. It is exciting and lucrative
      996 words
    • 888 14 CAMPUS LIFE NTU's Investment Interactive Club will run a virtual investment fund with a twist, reports CRYSTAL NEO THEY may describe themselves as a group of poor, hungry and driven students, or "PHD students" for short. But this group of students from Nanyang Technological
      888 words
    • 204 14 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
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  • Page 14 Advertisements
    • 46 14 citibank THE Business Times-Citibank Young Investors' Forum is published every Monday in The Business Times. It aims to raise the financial awareness of university and polytechnic students and cultivate a better understanding of business issues. The series is part of BT and Citibank's tertiary outreach programme.
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  • ECONOMY WATCH
    • 875 15 NYT But govt says it's a vote of confidence in US economy, worker, marketplace [NEW YORK] For much of the world, the United States is now on sale at discount prices. With credit tight, unemployment growing and worries mounting about a potential
      NYT; REUTERS  -  875 words
    • 926 15  -  ANTHONY ROWLEY Political stalemate raises fears of delay in picking successor WHAT is normally a minor tussle to select a new governor for the Bank of Japan each time the post falls vacant, is shaping up into a battle of the giants this
      BLOOMBERG  -  926 words
    • 357 15 -NYT [WASHINGTON] As President George W Bush and congressional Democrats begin negotiations on a package of measures to stimulate the economy, the big fight will be over whether to put extra money in the hands of tens of millions of low-income
      -NYT  -  357 words
  • Page 15 Advertisements
    • 7 15 Lianhe Zaobao 2008, xmm major property h2OOB
      7 words
    • 230 15 I latrade industrial park Located at Tanjung Uncang, Batam Indonesia Good Business Environment Land Lease 30 years /80 years Special Economic Zone Free Duty for Import Export Abundant supply of workers Sales, Rental Installment Cost Effective g^ Facilities Services Corporate Document Licences Banking Consultancy From Basic to Turn-key Project PI
      230 words

  • MALAYSIA
    • 571 16  -  S JAYASANKARAN MALAYSIA INSIGHT Bank Negara should speed up its 'gradual' approach, with over USsloob in int'l reserves and inflation poised to gallop BACK in the bad old days of 1998 when the financial crisis was rampaging across Asia, some wags began referring to
      571 words
    • 403 16 Reuters [JUBA, Sudan] Malaysia's Petronas got permission from south Sudan's government on Friday to begin oil exploration in block 58, after agreeing to let Moldova's Ascom Group keep part of the concession, an official said. "Petronas from tomorrow will move into
      Reuters  -  403 words
    • 477 16 ■AP [KUALA LUMPUR] Malaysia plans to send home at least 200,000 foreign workers by next year in an effort to increase job opportunities for locals, a senior government official said yesterday. The government will apply stricter standards for the hiring of foreign labour in order
      ■AP; FILE PHOTO  -  477 words
  • Page 16 Advertisements
    • 280 16 ST7OI Seminar: Consumer Engagement Date: 25 January 2008 (Fri) Time: 9am 5.30pm Venue: SPH Auditorium Capture Mindshare in an Attention-Deficit Economy The Guerrilla Marketing Advantage Clear the clutter of marketing messages that consumers Ji^^^Hk^ receive frequently and that is to gain mind share and m stand out from the crowd
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    • 90 16 ZAP BID FROM ONLY $10! OKI PRINTING SOLUTIONS ok., j Model Number: C3S3OMFP i List Price: $1,599 o^num Dimensions (HxWxD):435 x 445 x 500 mm Print, Scan, Copy, Fax Windows, MAC OS Supported and Network Ready Scan Directly to Email, USB Stick,TWAIN and Network I Fax Memory: 1.5M8 (Approximately 100
      90 words
    • 121 16 I FEBRUARY OS Jit* iJjj^B LIVE LIFE BETTER" I Ig\ y ky jaM Romeo I I UTTERLY if Am X Buy- I eTinnn mw Ha Your Total I THINGS TO M K^' Guide And I I NEVER DO Vl Battleplan I Online m\ m Lessons I Hookers m M K~~H^^
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  • MALAYSIA/INDONESIA
    • 298 17 -AFP Elections may be in March, it cites BN members as saying [KUALA LUMPUR] Malaysian Prime Minister Abdullah Ahmad Badawi has started a new round of nationwide tours, according to reports yesterday, in the clearest indication yet that national elections are imminent.
      -AFP  -  298 words
    • 360 17 AP [KUALA LUMPUR] Malaysia's leader yesterday vowed to reduce poverty among minority ethnic Indians, who have become increasingly vocal with claims that they are marginalised in this multiracial country. Prime Minister Abdullah Ahmad Badawi, speaking at a rally of more than
      AP  -  360 words
    • 506 17 Reuters His blood pressure is stable, symptoms of systemic infection are under control [JAKARTA] Former Indonesian president Suharto was able to raise his arm on request and even tried to speak, doctors said yesterday, as the ailing 86-year-old showed further signs of recovery after more
      Reuters; AFP  -  506 words
  • Page 17 Advertisements
    • 45 17 Usher In The New Year with. Auspicious /wgv\ Festivity! fV[iEJj HHllHHHHHHfflHllllllll@l] V VB\. V Lunar New Year w^ Set Menu from /^H^\ $348 oopax) fi^^3^^3] Starting from 1 February 2008 l^^^^^H^^^^^HJ i!|il]ilS©ilD©HHHHgHgg|lll v^^l ijjjjjjj^^J^ We will be closed from 6-9 February 2008. T^^^ r^^J^TT^^^^TT^^^^^^^nl Reservations:
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    • 42 17 IP*- 9 -^-~^gflL mj m WM mmm WM m m mmu mm WsMZ£aWa^t- M 9& ■■1111 ?ji lyJßi^l'jm^ Hii p 3 i^T Itue'^l I°i fii J V mm--/ Chroi igraph I.C«P WAV Am 'Xgm( f 3i) sm&,. m. Jy Titanium C"^^^H >*'^^B
      42 words

  • GREATER CHINA
    • 640 18 Reuters Govt's selective policy could channel foreign investment away from low-margin manufacturing, say analysts [BEIJING] China drew U5574.7 billion in foreign direct investment in 2007, underlining its continuing attractiveness to international companies despite an increasingly choosy stance by Beijing. The number was reported on
      Reuters  -  640 words
    • 342 18 Reuters Weakening US consumption will hurt Chinese exports [BEIJING] China's central bank yesterday poured cold water on the idea that the country's economy can decouple from the United States. China's exports will be badly hit if US consumption weakens, Zhang Tao,
      Reuters  -  342 words
    • 608 18 AFP [SHANGHAI] As China gradually relaxes its controls on its currency, few stand to lose as much as Wu Xiao, a Shanghai black market money changer who may soon be out of a job. For more than a decade, the Chinese
      AFP  -  608 words
    • 165 18 Bloomberg [SHANGHAI] China's retail sales grew at a faster pace of 17 per cent in 2007, aiding government efforts to curb the economy's dependence on exports and investment for growth. Sales climbed to 8.9 trillion yuan (551.77 trillion) last year, beating a 13.7 per
      Bloomberg  -  165 words
  • Page 18 Advertisements
    • 1866 18 THE COMPANIES ACT, CAP. 50 IN THE MATTER OF GKE INTERNATIONAL LIMITED SBI TIMBER TRADING PTE LTD the companies act, cap 50 (Company Registration No.. *****1941G) Co Rm Mo 200in703nE IN THE MATTER OF (Incorporated in the Republic of Singapore) BECKER ENTERTAINMENT NOTICE IS HEREBY GIVEN that the creditors (SINGAPORE)
      1,866 words

  • INDIA
    • 601 19 AFP Rupee gain, US credit woes could hit revenues, but may be offset by more work sent over [BANGALORE] India's major software companies say a US economic slowdown may bring more customers seeking cost savings, but analysts warn that the once
      AFP  -  601 words
    • 525 19 Reuters Public shares 73x subscribed, priced at 450 rupees per share [MUMBAI] Billionaire Anil Ambani's Reliance Power Ltd, whose initial public offer raised US$3 billion within a minute of opening, has priced the IPO at the top end ofthe range at 450 rupees
      Reuters; AFP  -  525 words
    • 251 19 Reuters [MUMBAI] India's sixthlargest wireless telecoms firm, Idea Cellular Ltd, said last Saturday that its quarterly net profit more than doubled, boosted by an expanding user base in the world's fastest growing wireless market. Idea, part of conglomerate Aditya Birla Group, said its
      Reuters  -  251 words
    • 558 19 Bloomberg Credit demand from firms offset drop in consumer loans [MUMBAI] ICICI Bank India's biggest bank by market value, said that third-quarter profit grew 35 per cent as credit demand from companies rose, offsetting any decline in borrowing by individuals. Net income rose to
      Bloomberg  -  558 words
  • Page 19 Advertisements
    • 144 19 /f you are in any of these situations: ~^^^^^mm^. You are entrusted to set up new business in Singapore, either with overseas or local partners, and don't know how and where to begin You want to focus on growing your business, you need a trusted partner to help keep watch
      144 words

  • ASIA-PACIFIC/WORLD
    • 931 20  -  ANDREW MARKS WALL STREET INSIGHT Investors seem ready to hit the panic button, if they have not done so already LAST February when stocks in the United States, Asia and Europe were first rocked by news of subprime mortgage woes that led to a
      AFP  -  931 words
    • 286 20 Reuters [ZURICH] Shareholder advocacy group Ethos wants shareholders to be given the opportunity to vote for a new ÜBS chairman, Ethos head Dominique Biedermann was quoted as saying in an interview published yesterday. "At the annual general meeting of ÜBS, which takes place next
      Reuters  -  286 words
    • 350 20 NYT [NEW YORK] A commission assembled to revise New York state's financial regulations recommended on Friday that the state have one regulator to oversee the securities industry, instead of the current four overseers. The group of state officials and financial executives, which
      NYT  -  350 words
    • 447 20 AFP Analyst see no smooth return for exiled premier [BANGKOK] Thailand's parliament convenes today with allies of ousted prime minister Thaksin Shinawatra back in charge, but their victory by no means guarantees a smooth path for the exiled premier to return, analysts say. The
      AFP; AP  -  447 words
    • 2770 20 Retuers Transaction date: Jan 18 For a full listing ofthe closing prices, log on to BT online at http://business-times.asial.com.sg after 11.30pm every trading day Source: Vol ■000 HK$ \eon Credit \eon Stores \ngang Steel \nhui Conch \nhuiexpressway \sia Satellite \sm Pacific Sank Of E Asia Jeida Jade Bird
      Retuers  -  2,770 words

  • WORLD
    • 494 21 Bloomberg They received US$9.l blast year, 20% more than in 2006, says report [NEW YORK] Venture capitalists pumped a record US$9.l billion into privately held US biotechnology and medical device companies last year, in hopes of making discoveries which they can sell to larger
      Bloomberg  -  494 words
    • 397 21 BANKS ABN AmroßankNV 5.5 Agricultural Bank Of China 5.5 ANZ Banking Group 6 American Express Bank 5.75 Arab Bank PLC 5.5 Banca Di Roma Singapore branch 6.5 Banco Bilbao Vizcaya Argentaria, S.A 6 Bangkok Bank 6 Bank Julius Baer Co. Ltd(S) 5 Bank of America NA 5
      397 words
    • 280 21 AFP [WASHINGTON] A consortium of 315 top institutional investors assessing industries about their carbon dioxide (CO2) emissions has announced a partnership to extend its global initiative to companies and suppliers. With members including Goldman Sachs, Merrill Lynch, Allianz and HSBC that manage
      AFP  -  280 words
    • 542 21 -NYT [CHARLESTON, South Carolina] John McCain's victory in South Carolina last Saturday puts the Arizona senator in a strong position to win the Republican presidential nomination but only if he can follow up with a win in Florida on Jan 29. "This is
      -NYT  -  542 words
    • 619 21 AP [WASHINGTON] Hillary Rodham Clinton laid down a winning hand in Nevada. So did Barack Obama. After a brawling presidential contest in the state, Ms Clinton heads into the next battleground of South Carolina with another popular vote victory 51 per cent against
      AP  -  619 words
  • Page 21 Advertisements
    • 97 21 ZAP BID FROM ONLY $10! EDC^^NI Home Entertainment Projector CrOUIM CMD TIA/riD EXCEED 10UR VISION C IVI T I UUMj List Price: $2,241 m <w Dimensions (DxWxH):3lox34ox 180 mm Integrated DVD Player, Speakers and Projector High Luminance of 1,200 ANSI Im Audio Format: DTS, Dolby 5.1 Stereo Speaker: 10Wx 2
      97 words
    • 82 21 EprGet Yours Now!" *5 Producing Photo Books: Take a look at the various options available to you if you're looking to produce your own book! O Beyond the Camera: If you're worried about shooting too many photos and having too little memory cards to hold them all, consider getting an
      82 words
    • 37 21 A Brand New Year. A Brand New 91.3. A Brand New Nokia 5310 XpressMusic Phone? Tune into The Zone with Jeremy, weeknights from BPM till 12MN to find out more PURE HM w\ mJ law' E.^ wXOM
      37 words

  • SHIPPING/AVIATION
    • 402 22 Bloomberg Cost of transporting commodities has halved, mirrored by fall in contracts [LONDON] Shipowners may scrap plans to convert supertankers into dry-bulk carriers after a record plunge in the returns from transporting commodities such as iron ore and coal, investment bank Fearnley Fonds
      Bloomberg; BLOOMBERG  -  402 words
    • 219 22 AFP [HONG KONG] Shares in Air China will be suspended in Shanghai and Hong Kong from today, as its parent company gets ready to bid for a stake in rival China Eastern, a newspaper report said yesterday. The details ofthe bid are set
      AFP  -  219 words
    • 278 22 AFP [LONDON] The co-pilot who averted disaster by safely landing his stricken plane at London Heathrow Airport told the Mail on Sunday newspaper he feared a "major catastrophe". John Coward, who was at the controls last Thursday when the engines on his Boeing
      AFP  -  278 words
    • 387 22 Reuters Its growth plans have been hurt by the postponement [NEW DELHI] State-run Air India wants compensation from Boeing for a delay in the delivery of its 787 Dreamliner because the postponement hurts its growth plans, the Indian firm's chairman said last Friday.
      – Reuters  -  387 words
    • 162 22 Reuters [BEIJING] Shanghai's ports handled 26 million twen-ty-foot container equivalent units (TEUs) in 2007, a rise of more than 20 per cent that helped the city surpass Hong Kong to rank second globally, Xinhua said on Friday, citing Shanghai port and shipping officials.
      – Reuters  -  162 words
    • 2444 22 AIRLINE CODES: AA American Airlines (AAL), AF Air France (AFR), Al Air India (AIC), AY Finnair Oy (FIN), AZ Alitalia Airlines (AZA), BA British Airways Public Ltd Co (BAW), BG Biman Bangladesh Airlines (BBC), Bl Royal Brunei Airlines Sdn Bhd (RBA), BO Bouraq Airlines (BOU), BR
      2,444 words
  • Page 22 Miscellaneous
    • 283 22 CRYPTIC CROSSWORD ACROSS i i 1 I I I I 1 mml I I I I I I 1 Agent fortified with liquor is j 6 Prescription for success P^B_BB_HH_^M_MH__HH__HH__^PI 9 Rehearsal for a TT race? i^h 10 Furniture not right, needs 111 I I I changing from now on
      283 words

  • SINGAPORE STOCKS
    • 8925 23 Weekended: Jan 18 52-wks Tel |h Low Code Last Sale Vol ('000) Week Last Quote |h Low Buyer Seller Div GrYld C'vr Net P/E MCap $mil Hii Coi Hii 5716 1st Software 22 8 3148 STelecom 30.5 12 5834 A-Sonic 107 98 6389 ABF SG Bond ETF 30
      8,925 words
    • 69 23 _Hm Low Code Com Sale Cooo) _Hm Low Bu' Seller C'vr P/E $mi 200 116 6065 Diamonds US200d 250 6200 5000 6095 IS DJ US Tech 1000 1000 6097 IS MSCI Spore ***** ***** 6101 ISS&P500 ***** ***** 6170 SPDRS US6200 US1000 US***** US***** 80 100 100 100
      69 words
    • 2267 23 52-Wk Tel High Low Code Last Sale Vol Cooo) Day Last Quote Div GrYld Net MCaj |h Low Buyer Seller C'vr P/E $mi Comi >an' Hii 30 11.5 1181 s AAGrp 41.5 20.5 5000 s ABR Hldgs 31 18.5 8538 s APStrategic 16.5 3.5 1501 s Advanced System
      2,267 words
    • 237 23 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non Sponsored; t Catalist; N Net or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum
      237 words
  • Page 23 Advertisements
    • 20 23 Sole Distributor Service Centre: AUDEMARS PIGUET (SINGAPORE) PRIVATE LIMITED. Tel: 6238 6678 Fax: 6238 6676. Internet: http://www.audemarspigjet.com **B <f9^^^ vffi3&Ris3EU
      20 words

  • FINANCE & COMMODITIES
    • 376 24 In local curr In S$ In USS %dy %yr dy yr dy yr Index Change Change Change Change Change Change Jan 18 World Index Preliminan 1019.8 -0.8 -7.3 -1.0 -9.6 -1.0 -3.. t EAFE Prel lim inan 1013.2 -0.5 -8.5 -0.9 -7.5 -1.0 -1.1 Euro[
      376 words
    • 129 24 As at 9am NOTE RATES 8 Singapore dollars to one unit if foreign currency: Currencies Bid Offer \ust dollar 1.2500 1.2650 Can dollar 1.3890 1.4050 Curo 2.0940 2.1180 IZ dollar 1.0900 1.1130 iterlin mnd 2.8210 2.8540 JS dollar 1.4300 1.4470 .ocal dollars to 100 units rf foreign currency:
      129 words
    • 165 24 Jan 18 *i Offer Bid Overnight 1 3/8 1-month 1 5/8 2-months 1 11/16 3-months 1 3/4 Overnight mode: 1 7/16 US$ Offer 1 1/4 1 1/2 1 9/16 1 5/8 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months SFr 4.28
      165 words
    • 22 24 Jan 18 STI CIMSCI Jan 376 383.9 379.7 "aiwan Jan 306.8 318.6 318.4 Source: MF Global (S) Pte. Ltd
      22 words
    • 21 24 Jan 18 Bid Offer 1-month 1.4329 1.434 2-months 1.4303 1.4315 3-months 1.4282 1.4295 6-months 1.4222 1.4237 Source: OCBC
      21 words
    • 295 24 Jams RUBBER Futures (Closing prices) RSS 1 (S cents/kg) Month High Low Close Sett Volume (tonnes) Open Interest Feb 08 Mar 08 Apr 08 May 08 Jun 08 Jul/Sep 08 378.75 380.50 381.50 383.75 383.75 384.50 RSS 3 (US cents/kg) Month Hig gh Low Sett Volume (tonnes) Open
      295 words
    • 104 24 Jan 18 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Mar 08 1264.00 1271.00 1276.00 1245.00 May 08 1283.25 1291.00 1293.00 1264.50 Jul 08 1297.50 1305.50 1309.50 1278.50 Aug 08 1296.00 1300.00 1305.00 1280.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Mar08 53.14 52.91 53.18 52.64
      104 words
    • 78 24 CRUDE OIL PRODUCTS Jan 17 UDE (FOB origin) US! t/barrel Close Cham Brent blend (1-Mth F) 88.94 0.24 WTI (Near Mth) 90.22 -0.58 Dubai (1 -Mth F) 85.27 -0.06 Tapis blend 95.1 unch Minas 93.45 unch PRODUCT USS/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 92.60 105.50 0.70 0.85 USS/barrel
      78 words
    • 467 24 f8 AS CS_ Rmb Euro HKS Ind Rs Ru| Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound USS Australia 0.904 6.364 0.601 6.855 34.493 82.995 0.942 8.280 2.871 1.147 54.605 35.898 1.261 6.191 0.971 28.380 29.009 0.446 0.878 Canada 1.106 7.041 0.665
      467 words
    • 91 24 Jan 18 TREASURY BILLS Period Issue code Maturity Yesterday's Bid Hii Day's [h Low 3-Month BQ*****F 17.04.08 1-Year BY*****A 29.09.08 1.52 1.59 1.48 1.48 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's High Low 2-Year N*****0Z 2.375 5-Year N*****1E 2.500 7-Year NX*****F 3.625 10-Year NY*****F
      91 words
    • 140 24 Jan 18 GOLD (USS/oz) Jan 18 Jan 17 Hong Kong London 874.70 881.30 875.70 882.30 Jan 17 Jan 16 886.35 874.20 887.05 874.90 Source: Reuters CAST BAR (SS) Jan 18 Buying Sellini Kilobar "43,439.86" ***** PAMP GOLD BARS (SS) Selling Buying Igm 5gm lOgm 20gm 50gm lOOgm 1
      140 words
    • 76 24 Jan 18 1 mth 2 mths 3.***** 1.***** 6 mths 1.***** 9 mths 2.***** 12 mths 2.***** 3.***** 1.***** 3 mths 3.***** 1.***** 6 mths 9 mths 12 mths 3.***** 3.***** 3.***** 2.***** 1.***** 1.***** SWAP Mid rates (S$) 1 yr 1.***** 2yrs 2.***** 3yrs 2.***** 4yrs 2.***** 5yrs
      76 words
    • 66 24 Jan 18 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Month Range Price Price Hii Vol Open Done Position Low Feb 08 3316 3325 3334 3287 653 2160 Mar 08 3310 3319 3339 3285 2662 ***** Apr 08 3310 3316 3336 3280 ***** ***** May 08 3297 3306
      66 words
    • 71 24 Jan 18 minimum, 99.7 jrity (USS/tonne) Co Close Previous Cash 2406.50 2393.50 3 months 2450.00 2439.00 Copper, Grade A (USS/tonne) Cash 3 months 7171.00 7141.00 7000.00 6991.00 Lead (USS/tonne) Cash 2586.00 3 months 2590.00 2523.00 2530.00 Nickel (USS/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (USS/tonne) Cash
      71 words
    • 80 24 Jan 18 COCOA (£/tonne) Close Prev Hii ih/Low Mar 08 1128 1125 1128/1104 May08 1146 1140 1146/1121 Jul 08 1172 1166 1172/1146 Sep08 1160 1152 1159/1134 COFFEE (USS/tonne) Close Pev High/Low Jan 08 1962 1963 1963/1960 Mar 08 1988 1993 1999/1986 May08 2012 2019 2023/2007 Jul 08 2030 2038
      80 words
    • 161 24 ~~l7\ Against SS Currencies Bid Offer Against USS Bid Offer >$/US$ to one unit of foreign currency: Australian dollar J.2607 J.2620 0.878J 0.8784 Canadian dollar J.3948 J.3965 0.97J5 0.9720 Curo 2.0993 2.J009 J .4622 J.4623 IZ dollar J.0986 J.0999 0.7652 0.7656 iterlim 2.8252 2.8276 J.9678 J.968J IS
      161 words
    • 360 24 Jan OPEN HIGH LOW SETT VOL OP/INT URODOLLAR FUTURES Vlar08 Iun08 Sep08 3ec08 96.470 97.005 97.210 97.265 0 0 0 0 ***** ***** ***** 5685 EUROYEN FUTURES Vlar08 99.220 99.220 Iun08 99.370 99.375B Jep08 99.400 99.405 3ec08 99.380 99.380 Vlar09 99.345 99.345 Iun09 99.270 99.300B Jep09 99.235B
      360 words
    • 4434 24 BONDS WARRANTS Tel Code Comi Prem Expiry Tel Last Vol Conv Exer Disc Gear- Mths Code Company Sale +or- ('000) Ratio Price ing Left 2058 AdvanceModulesGrpW*****3 4 -1 200 1 17 14 4.63 55 2036 Advance SCT Ltd W*****9 19.5 -8.5 1298 1 87 44 3.79 31 2835 Allgreen RBeCW*****6
      4,434 words

  • Page 25 Advertisements
    • 2171 25 m The Business Times mmua Shipping Times ijjjjjjjjjjjjjjjjj^ l^^ti^^^H ij^i^^^^^Bil JMHWIptEyiJMjfeBBtfSWWw f i <B^gjj^^ w >^ UK CONTINENT SERVICE U.S.A SERVICE > Ifc-»..'%fi5 4a MIDDLE-EAST SERVICE F.E./S.E.A SERVICE C;" fi^^^g^^^^jg ij^i^^j^^^J^^^W-^^i^i^^^^^^^^J I ij^ftSlalHi^i^MHHMßladi^Mi^i| PI S :-MhE^H Mmm^^~¥^'*'C Tramping for bulk, breakbulk, mineral ores, project cargoes, etc... in all directions J
      2,171 words

  • Page 26 Advertisements
    • 4171 26 WAN HAI INTERNATIONAL PTE LTD crn0:**********0/r It -w-i CTI7"DIVT i~~* Al> ¥IVTI7"D Tr* rtS^ft fii/7^ S~i(~~ VTT^ ■■>!■ ■■>■ hhp* TEL *****588 (14LINES) FAX:*****163 ft X" 1L Al3 1 ILK-lM tAX LJIVC^Ka LIU W^ t£i iSjJM6 \MuWAN HAI LINES s^sssrs;,,, |_tJ i ra^'N™™™^.™^™ 1 wee™e^ a^gl™ e V JOH TEL:(O7)
      4,171 words

  • Page 27 Advertisements
    • 3250 27 15! BHHHH ligg andersen wt^r^S2Z| fli glory navigation groupl m^jjj^^^ummmmmmmjgmge j|l|p|lßi||p|p|||lH MM shipping company^ 70 Shenton Way, #21-03 Marina House Singapore *****8 JBjU^ff BM^aG NOKIH Wbbl cArKcbb LINL owns operates the youngest fleet MONTHLY SERVICE TO WESTERN AUSTRALIA AND ISLANDS liaTES AtEAfflvAl liaTES W IH VESSEL VOY PKL SIN KHI
      3,250 words

  • Page 28 Advertisements
    • 3768 28 ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number SIN Dest'n
      3,768 words

  • BizIT
    • 857 29  -  NICK LAMBERT <you say> It's time for customer-centric service industry THE first telephone call in Singapore was made between Raffles Square and Tanjong Pagar in 1879. Although it was a short line, a little over one kilometre,
      857 words
    • <what's up>
      • 85 29 IT job recruiting service Sapphire Technologies has tapped the popular virtual world website Second Life to extend its market reach. In its newly-created virtual headquarters there, job-seekers can get career advice, hook up with other IT professionals and interview for new
        85 words
      • 103 29 IBM and Temasek Polytechnic (TP) have announced a $200,000 IT Security Centre, which aims to provide TP students with practical experience on the latest IT security and privacy solutions in the industry. The new centre is based on the IBM Information Security
        103 words
      • 58 29 LOCAL IT solutions provider 1-Net Singapore has appointed 24-year industry veteran Vow Tau Keon as its new managing director. Formerly of Hewlett-Packard, Sing Tel and A*Star, Mr Vow replaces Mock Pak Lam, MD ofMediaCorp Technologies. Mr Mock remains as one of 1-Net's appointed directors. 1-Net
        58 words
      • 46 29 MOTOROLA has appointed John Fogarasi as the head of Motorola's enterprise mobility business for South-east Asia. Mr Fogarasi, who was previously the company's regional sales manager for India, will chart the commercial and strategic direction for Motorola in this region.
        46 words
      • 67 29  -  ONG BOON KIAT TATA Consultancy Services (TCS) is holding its first CIO Symposium in Singapore on Jan 31, with the theme "IT innovation and business agility". The event will be held at the Rasa Sentosa Resort. Thought leader and business value evangelist Peter Weil, who
        67 words
    • 627 29 The firm will soon get a new branding strategy and APAC HQ Reports by ONG BOON KIAT CONTRARY to reports that Cisco Systems aims to phase out its popular Linksys consumer brand, the networking equipment major has in fact drawn up plans to
      627 words
    • 122 29 LINKSYS is planning to set up a new Asia-Pacific (APAC) headquarters, and it could be located in Singapore. Linksys APAC vice-president Craig Gledhill told BizlT that plans will be finalised by the end of next month. The inaugural APAC HQ will serve to
      122 words
    • 598 29 Reuters [SAN FRANCISCO] Social network software maker Slide Inc said on Friday it had closed a US$5O million institutional financing round, marking the rising valuations of start-ups riding fast-growing Facebook's wave of popularity. Slide made some of the hottest programs running
      Reuters  -  598 words
    • 378 29 AFP [SAN FRANCISCO] Technosuperstars that brought the world Facebook, Digg, Twitter and other hot websites are among the Internet celebrities honoured by big-time bloggers with first-ever "Crunchies" awards. Nearly a thousand devotees of online firms and trends changing cultures around the world gathered in Herbst
      AFP  -  378 words
    • 237 29 Reuters [TOKYO] Japan's Fujitsu Ltd plans to spin off its struggling microchip operations, in a move that could smooth the way for partnerships with other chipmakers, a company source said yesterday. Fujitsu's system chips, used in products ranging from digital cameras to supercomputers,
      Reuters  -  237 words
    • 833 30  -  AMIT ROY CHOUDHURY THE BUSINESS OF INFOCOMM TECHNOLOGY DC survey shows 82% of local firms invest in Green IT for cost benefit, writes BEING Green is not only good for the environment, it is also good for the bottom line;
      IDC Asia/Pacific Green Poll  -  833 words
    • 808 30  -  ONG BOON KIAT By AT FIRST look, the wedge-shaped Panasonic Toughbook CFW7 doesn't seem so tough. In fact, it feels flimsy: the laptop actually flexes when you apply moderate pressure on what looks like a plastic chassis. But when I pored over Panasonic's elaborate
      808 words
    • 575 30  -  WINSTON CHAI 84% in survey offer new hires salary hikes of over 10% WITH competition intensifying in a tightening labour market, tech companies in Singapore are now dangling larger cash carrots in the hope of attracting top talent to come on board. According
      575 words
    • 143 30 Bloomberg [SAN FRANCISCO] Google Inc, the world's most popular Internet search engine, lost market share last month for the first time since June, according to Nielsen Online. Google's share of US Web queries fell to 56.3 per cent in December from 57.7 per
      Bloomberg  -  143 words
    • <what's new>
      • 93 30 HEWLETTPACKARD (HP) has released the iPaq 312 Travel Companion, a GPS navigation device that can also handle games, MP3 music, videos and photos, as well as double up as a mobile handsfree kit for Bluetooth-enabled phones. The versatile device comes with a 4.3-inch
        93 words
      • 87 30 WIDE area network (WAN) application delivery and acceleration specialist Blue Coat Systems has released a free software application for its current customers. The software, Proxy Client, runs on the PCs of mobile or remote users to make applications run faster over the network. Also
        87 words
      • 40 30 VISUAL communications equipment maker Tandberg has upgraded its Content Server product an appliance that lets organisations share company briefings, sales presentations, training videos and other multimedia content over the network. More information at www. tandberg. com.
        40 words
      • 58 30 GERMAN enterprise software giant SAP and recently-acquired subsidiary Business Objects has announced their first joint product offering. In all, nine new product packages were released, including business insight, performance management and compliance applications. The products will be sold by both organisations' global sales
        58 words
      • 110 30  -  I ONG BOON KIAT THE new HTC Shift marks the smartphone major's entry into the ultramobile PC (UMPC) arena. The device's most notable feature is a convenient and battery life-extending feature called SnapVUE, which gives users instant access to connectivity applications
        110 words