The Business Times, 21 December 2009

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Microfilm: NL30339
Total Pages: 28
1 28 The Business Times
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  • Title Section
    Lock icon Masthead
    20 1 THE BUSINESS TIMES Ssl.oo online at http://www.businesstimes.com.sg S|£l A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA (P) 123/08/2009 Monday, December 21,2009
    20 words
  • Article, Illustration
    Lock icon Private banking ends 2009 on a high note
    1017 1  -  SIOW LI SEN Singapore's strong regulatory framework draws firms to set up here, others to expand By: [SINGAPORE] Singapore's private banking industry is ending 2009 on a high note with openings and hirings making the news, though it has been a roller
    1,017 words
  • MARKETS DIGEST
    • Article
      Lock icon MARKETS
      56 1 Weekly 2,802.59 lange +1.84 >T Index 1 COMP 1,266.97 +6.97 MKKEI 225 10,142.05 +34.18 IANG SENG 21,175.88 -726.23 SET INDEX 715.68 +12.04 JAKARTA COMP 2,509.58 -9.52 1ANILA COMP 3,016.99 -14.14 ;eoulcomp 1,647.04 -9.86 iHENZHEN B 583.30 -52.00 IUMBAI IND 16,719.83 -399.20 )OW 10,328.89 -142.61 IAS DAI 2,211.69 +21.38 ;&p
      56 words
    • Article
      Lock icon PRIME RATES
      29 1 Bloomberg SINGAPORE 5.38 MALAYSIA 5.55 HONG KONG 5.00 INDONESIA 15.767 TAIWAN 4.696 JAPAN 1.475 KOREA 9.33 BRITAIN 0.50 US 3.25 CANADA 2.25 SWITZERLAND 0.52 INDIA 11.75 Source:
      Bloomberg  -  29 words
    • Article
      Lock icon FOREX
      45 1 IS$ (S$ ier US$) 1.401 (US$/S$ per 1.619 2.268 lURO (US$,S$/E) :oreign currency r. 1.439 2.015 per US$, S$ 'EN 89.90 64.20 3.438 2.454 IK$ 7.757 5.538 !AHT 33.23 23.72 lUPIAH 9,475 6,764 1ENMINBI 6.828 4.875 INDIAN RUPEE 46.82 33.43 1.125 0.803 1.405 1.003
      45 words
  • Article, Illustration
    Lock icon PE firm loses stake in First Engg to creditor banks
    734 1  -  CHEWXIANG The development could also see First Engineering re-listed By [SINGAPORE] A private equity firm has lost its entire stake in troubled former Singapore-listed First Engineering to its creditor banks in one of the first debt-to-equity restructuring deals in Asia
    THE STRAITS TIMES  -  734 words
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  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      46 1 DINING OUT BizlT HOCK LOCK SIEW HARVARD'S COFFERS f-W^ Thai hits Lg| Star Hub's OpCo unit UlS'predicament results A case study of what |k^*ml and misses will see some 'red' from conflicting interests not to do PAGE 21 PAGE 28 PAGE 7 PAGE 18 S Jiß^
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  • TOP STORIES
    • THREE-MINUTE DIGEST
    • Article, Illustration
      Lock icon Green groups, scientists blast climate change deal
      751 2 NYT, AFP Accord hardly moves the treaty process from where it was in 2007: UN official [COPENHAGEN] They have essentially signed a death warrant for many of the world's poorest children; they have brokered a worse than useless deal; and they have behaved
      – NYT, AFP; AFP  -  751 words
    • Article, Illustration
      Lock icon Linking growth with entrepreneurship
      840 2  -  CHEN HUIFEN Expert take on rates of business activity in good and bad times By [SINGAPORE] A shrinking economy may spur more people to start a business out of necessity, but expectations of a better economic climate for Singapore do not necessarily point to less entrepreneurship,
      FILE PHOTO  -  840 words
    • Article
      Lock icon US health-care bill's holdout vote swinging Obama's way
      649 2 AFP But Nelson secures tough restrictions on paying for abortions [WASHINGTON] Senators readied for a crucial pre-dawn Monday vote to pave the way for US health care reform, President Barack Obama's top domestic priority, after a key holdout senator said that he
      AFP  -  649 words
    • Article
      Lock icon A quiet week till Christmas Day expected
      773 4  -  ANDREW MARKS WALL STREET INSIGHT Anticipated Santa rally not likely as investors adopt wait-and-see stance By in New York HUGE gains for the year, a holiday-shortened week and many of Wall Street's top traders and money managers leaving early ahead of the long
      773 words
    • Article
      Lock icon Repaying Dubai World debt possible
      226 4 Reuters [DUBAI] Dubai, set to ask creditors for a standstill on restructuring some US$22 billion in debt linked to troubled conglomerate Dubai World, may still repay lenders in full, a local newspaper said yesterday, citing unnamed sources. The National daily said that two top Dubai
      Reuters  -  226 words
    • Article, Illustration
      Lock icon Young talent stars at ChildAid concert
      526 4  -  NISHA RAMCHANDANI By [SINGAPORE] Stars of all stripes were shining in full force last night at charity concert Child Aid. A total of 274 talented young performers took to the stage, including a 70-strong orchestra led by Wang Ya-Hui, music director for the Yong
      THE STRAITS TIMES  -  526 words
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      136 2 B^ Planning your group retreat? Be it corporate incentive, conference packages, teambuilding, free easy..... Book your group retreat with us today! The Leading Operator Friendly Professional Service Assured I UaMBB A FLEET OF EXCLUSIVE CLASS MOTORCOACHES FOR CHARTER I MMff^t Your destination planner for corporate incentive conference package tours, Malaysia
      136 words
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      28 2 I Branchen Stars RIGA *****/09 119,98 EUR db X-MACRO Trading Index Fund M4[^lo/12«9^^99£^3BfJ I Balanced Currency Harvest Euro IIC 14/12/09 10-UB4 EUR! MCOubteJoy^CaptelGuaranteed Fund RID *****/09 9,89 USD
      28 words
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      40 3 I i i Wherever you want f fe^u^ w J to be this Christmas, H I m let us bring you there B American Airlines British airways fel Cathay Pacific t^innnin SA IBERiAim jyjJL japan a.rl.nes lan^ AAAVEVS Me\icaNa CB >
      40 words
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  • Page 4 Advertisements
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      Lock icon Page 4 Advertisements Column 1
      36 4 of the Scratchit! 2009 Series B* $«a£sar- *s* aij «£?a&a#s#K# fV .^H i "»j** ~~Z*r ~*y* ip-** z*y* h^^^H /g 'i^^Tw S rt IPV rt^ w^ i^ ir» p b^^H HlV'^r ;.'i^By i'r"l -S,1 ■■>;) '■'iij 1
      36 words
    • Advertisement
      Lock icon Page 4 Advertisements Column 2
      116 4 Spectacular Sea View Hotel Located At The Famous Batu Feringghi Stretch 4-star Rating Land Area: 2.8 Acres Of Lush Landscape 350 Well-appointed Rooms Tastefully Refurbished EBITDA Upside On Rebranding Indicative Price: RM9B Million Exclusive Agent ZER I N PROPERTIES REAL HSTATE INVESTMENT HOUSE Registered Estate Agents 8(3)0739 I All-Touch Virtual
      116 words
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      Lock icon Page 4 Advertisements Column 3
      187 4 How to get there KEPPELRD Harbourfront js\ 5t James MRT Station LJ 1 Power Station Vivo City j_ Keppel Harbour SENTOSA To|| H Booth Venue: Festive Grand, Resorts World Sentosa (RWS) Car*: Drive to RWS via the Sentosa Gateway. Keep to the extreme left lane which will lead you to
      187 words
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  • COMPANY NEWS
    • Article
      Lock icon A tale of two halves for local telco sector
      916 5  -  WINSTON CHAI YEAR IN REVIEW Operators come to life in second half after six-month hibernation By 2009 has turned out to be a tale of two halves for Singapore's telecommunications sector, with operators stirring to life in the second half after
      916 words
    • Article
      Lock icon COMPANY MEETINGS
      230 5 COMPANY MEETING PLACE DATE TIME Second Chance E Lion City Hotel 2nd Floor Chrysanthemum Room 15 Tanjong Katong Road Singapore *****0 21-Dec 3.00pm Ezra Hldgs A Klapsons, The Boutique Hotel Concerto Room l/ll at Level 18, 15 Hoe Chiang Road, Tower Fifteen, Singapore *****6 22-Dec 10.00am Ocean Intl
      230 words
    • Article
      Lock icon PRIME LENDING RATES
      389 5 Dec 18 BANKS ABN Amro Bank NY 5.5 Agricultural Bank Of China 5.5 ANZ Banking Group 6 Arab Bank PLC 5.5 Banco Bilbao Vizcaya Argentaria, S.A 6 Bangkok Bank 6 Bank Julius Baer Co. Ltd(S) 5 Bank of America NA 5 Bank of China Limited 5.5 Bank
      389 words
    • Article
      Lock icon DIVIDENDS ANNOUNCED
      305 5 Payment (cts) Ex Books date close Pay date Asia Pac Brew ak 18.000 26-Jan 28-Jan 10-Feb lUstraland Pro; ah 2.000 29-Dec 31-Dec 08-Feb Cerebos Pac af 19.000 04-Feb 08-Feb 23-Feb Cerebos Pac an 6.000 04-Feb 08-Feb 23-Feb Eastern Hid. aw 0.400 05-Jan 07-Jan 18-Jan Izra Hid. jk_ 1.500
      305 words
    • Article
      Lock icon UIS's predicament results from conflicting interests
      685 7  -  WONG WEI KONG T WILL be with a sense of deja vu when shareholders of United International Securities (UIS), a closed-end fund controlled by United Overseas Bank (UOB), convene for an extraordinary general meeting (EGM) on Dec 30 to debate a resolution calling for
      685 words
    • Article
      Lock icon Parkway shares to trend higher: Nomura
      402 7  -  JAMIE LEE But it cautions against seeing stock as property play By SHARES of Parkway Holdings are expected to trend higher over the next 12 months as the regional demand for healthcare recovers, says brokerage Nomura, which raised its target price for the stock.
      402 words
    • Article, Illustration
      Lock icon Capital Dynamics eyes China market
      408 7  -  ZHANG JIAO Opens office in Hong Kong as part of global expansion By BOUTIQUE fund manager Capital Dynamics, with some US$3OO million of assets under management, has set its sights on the China market, starting with a new office in Hong Kong. Speaking to BT,
      408 words
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      68 5 I H •It i -J K9J I^BH^T'rl ll'K*^Tl K'l^^l^j^M fic^w^^^^^^ r^ri^a^^r^rP^i^lwM^ord^fii^^ k^^t^^^^H ■X^y/Vf f\l\Kti I j Wg^tfsfs /Mice* 7^7 mil:---- IG Markets (ACRA No. *****621 X) holds a capital markets services licence for dealing in securities, trading in futures contracts and leveraged foreign exchange. IG Markets is also licensed to
      68 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon How useful really, is the financial sector?
      663 6  -  R SIVANITHY STOCKS BANKERS have come under some harsh criticism this past year and not without justification. After causing a worldwide recession that led to the loss of millions of jobs, they have had the nerve to take taxpayers' money to stay afloat,
      663 words
    • Article
      Lock icon Currencies and commodity prices
      442 6 COMMODITY WATCH CORRELATIONS between different financial products in the markets have existed for as long as the markets themselves. For example, when prices of equities rise, bonds fall. And when gold or oil price rises, the producing countries' currencies rise and importing countries' currencies weaken. Savvy
      442 words
    • Article
      Lock icon Asian currencies lower against US dollar
      498 6 -AFP CURRENCIES [HONG KONG] Asian currencies fell against the US dollar during the week after the US Federal Reserve kept the cost of borrowing unchanged and as trade winded down ahead of the Christmas holidays. Japanese yen: The yen fell against the US dollar
      -AFP  -  498 words
    • Article
      Lock icon BROKERS' RECOMMENDATIONS
      1398 6 Source: Thomson Reuters Consensus No. of Forecast Mean Fri's recommendation esti- EPS PE target price This wk Last mth mates (cents) (ratio) price Company name Allgreen Proi :ies 1.91 1.91 11 7.91 14.68 1.35 1.16 ARA Asset Manai lement 2.00 2.00 2 8.05 10.62 1.07 0.86 ,rmstrom Industrial
      1,398 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 6 WEEKLY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      62 6 Dec 18 VALUE CLOSE IT OB/OS -22.00 +51.00 IT CADI -*****.00 -17.00 IT 10-day MA -*****.00 -2.00 TSE ST Mid Cap 666.60 +0.91 TSE ST Small Cap 522.47 -2.78 TSE ST All Share 689.47 -2.12 TSE ST China Top 271.96 +0.33 TSE ST China 290.86 -3.52 TSE
      62 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      58 6 VOLUME Gentinq SP 374,009,000 Golden Agri 223,003,000 Ban Joo 212,834,000 MDR 194,982,000 Teledata 193,548,000 RafflesEdu 150,267,000 Yinq Li 122,652,000 China XLX 113,101,000 CapMallsAsia 111,718,000 BanJooWl ***** 94,448,000 VALUE(S) Gentinq SP 428,415,620 Capita Land 298,641,930 CapMallsAsia 291,945,434 DBS Grp 266,300,305 Sing Tel 231,509,828 UOB 217,340,428 Straits Asia 186,120,320
      58 words
    • Article
      Lock icon RISES
      102 6 CLOSE UP 1164 84.0 7.8 Cit ES.0912 Cit 1160 82.0 7: Jardine C&C 2602 72.0 2.8 ixor Nasdae |100 10US 719 67.2 7.2 Furama 198 58.0 41.4 SIA.ES.0912 1428 58.0 4.2 OCC5.1% NCPS 100 ***** 56.0 0.6 SIA 200 1420 54.0 4.0 SIA 1414 44.0 3.2 OCBC Bk.ES.0912 870
      102 words
    • Article
      Lock icon FALLS
      114 6 Closing prices are in trading currencies, but absolute difference is in Ss. CLOSE DOWN *****-610.3 -3.9 DBXT Ni 10US! DBXT FTVietnam 10US$ 3956-454.9 -7.6 GLD 10US$ *****-394.7 -2.5 DBXT FTChina25 10US$ 2975-172.2 -4.0 er China H 10US$ 1595-114.8 -4.9 DBXT MSAsExJl 10US$ 2710-103.6 -2.7 OCC3.93% NCPS10 8300 -60.0 -0.7
      114 words
    • Article
      Lock icon CURRENCIES Where S$ stands
      87 6 Dec 18 CLOSE CHNG FR Dec 17 YR2009 S$ LOW S$ HIGH USS 1.4014 0.01 1.5579 1.3800 Euro 2.0158 0.20 2.0952 1.9150 Pounds 2.2708 0.09 2.4366 2.0356 AS 1.2446 0.39 1.2942 0.9453 Yen* 1.5528 0.60 1.7278 1.4831 Rupiah* 0.***** -0.10 0.***** 0.***** Baht* 4.2198 -0.05 4.3390
      87 words
    • Article, Illustration
      Lock icon Best performing portfolio rises 2.2%
      1483 8  -  TEH HOOI LING STOCKS were mixed last week as the year winds down to an end and market players take their well-deserved December breaks. Our portfolios on average barely changed. The best performing portfolio last week was the suite made up of stocks with the
      1,483 words
    • Article
      Lock icon Buying among directors surges; selling stays flat
      1363 8  -  ROBERT HALILI INSIDE MARKETS By THE buying surged, while the selling among directors was flat last week based on filings on the exchange from Dec 14 to 18. A total of 18 companies recorded 37 purchases worth $4.7 million versus five firms with
      1,363 words
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      54 7 Hong Sen Motors Pte Ltd Official Maserati Importer, Singapore WJT Head Office: 10 Fourth Lok Yang Road Singapore *****7 S9PVf City Showroom: 390 A Havelock Road #01- 06/08 Waterfront Plaza Singapore *****4 Showroom hours: Monday- Friday: 10am to 7pm, Saturday, Sunday and Public Holiday: 10am to 6pm VW Tel: 1800-TRIDENT
      54 words
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  • SINGAPORE NEWS
    • Article
      Lock icon School fees to rise for foreigners from 2011
      564 9  -  JAMIE LEE From 2010, MOE doubling S'poreans' balloting slips for primary schools to two By THE privileges of citizenship will be most apparent on the education front under new measures that will see foreigners paying much higher fees and, at the same
      564 words
    • Article, Illustration
      Lock icon Private sector takes centre stage for most of 2009
      1041 9  -  LEE U-WEN EDUCATION: YEAR IN REVIEW Banner year for NUS, NTU and SMU in terms of academic accomplishments By SINGAPORE'S fast-expand-ing education sector has had an eventful 2009 and is gearing up to raise its profile further in the coming year.
      THE STRAITS TIMES FILE PHOTOS  -  1,041 words
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  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • Article, Illustration
      Lock icon Spreading the spirit of enterprise
      904 10  -  Undergrad Christina Gao talks about why she set up a networking platform for budding entrepreneurs. NARENDRA AGGARWAL reports SMITTEN by the business bug, Nanyang Business School (NBS) undergraduate Christina Gao is going all out to spread the entrepreneurial spirit among her fellow students across Singapore.
      904 words
    • Article, Illustration
      Lock icon Gains from 3-week LSE programme
      805 10  -  London sights and course experience both precious and priceless, writes CHRISTOPHER TOMMY LEE LONDON one of the world's top tourist destinations and home to many famous landmarks such as the Big Ben, the Tower of London and the Tower Bridge was where I spent a
      805 words
    • Article
      Lock icon Be smart with your finances
      204 10 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
      204 words
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      Lock icon Page 10 Advertisements Column 1
      46 10 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.
      46 words
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  • ECONOMY WATCH
    • Article
      Lock icon Protectionism claims may lead to import curbs by govts: WTO
      421 11 Reuters Many new measures announced recently and more are in the pipeline: economists [GENEVA] Claims that protectionism is intensifying are adding pressure on governments to close their borders to goods and risk fuelling the very problem they warn about, the
      – Reuters  -  421 words
    • Article, Illustration
      Lock icon British economy shows growth glimmers
      434 11 Reuters [LONDON] Britain may still be covered with a fog of economic gloom but glimmers of light are appearing as the country looks on track to return to growth after an 18-month long recession. The damage wrought by two years of economic crisis was plain
      – Reuters; REUTERS  -  434 words
    • Article
      Lock icon Euro-zone banks facing 187b euro more writedowns
      446 11 neuters Writedown need up in last 6 months, but progress slow: ECB [FRANKFURT] The total need for euro-zone bank writedowns has increased in the last six months and is progressing slowly even as systemic risk for the banking system has eased, the European
      neuters  -  446 words
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      817 11 A SPECIAL SERIES BROUGHT TO YOU BY SHAREINVESTOR I Systems -^^OSurr ,^k in:: -mh &> fT n Demonstrating 6 vS^^#lNw A corporate restructuring exercise since 1998 has Sv helped the Group advance forward Mr Steven Koh, Deputy CEO £sf Executive Director, Armstrong Industrial Corporation Limited THE global financial crisis has
      817 words
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  • Article, Illustration
    Lock icon Turning Crisis Into Opportunities
    843 12  -  SHAREINVESTOR A SPECIAL SERIES BROUGHT TO YOU BY 2009 Market Performers Strategic acquisitions set to enhance BH Global's position as a leading integrated marine electrical supplier in the region THE global downturn has prompted many companies to adopt a conservative approach in their business strategies and
    843 words
  • Article, Illustration
    Lock icon Marketing Strategy Pays Off For China Eratat
    799 12 2009 Market Performers The Group's strong emphasis on marketing has helped to boost the sales of its products AT a time when many sectors have been hit by the global downturn, the sports industry in China has remained resilient thanks to the emergence
    799 words
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  • Article, Illustration
    Lock icon Sailing Through Stormy Waters
    876 13  -  SHAREINVESTOR A SPECIAL SERIES BROUGHT TO YOU BY 2009 Market Performers Otto Marine's capabilities in building European design vessels have helped the Group attract and secure orders from renowned fleet operators FOR many years. Otto Marine Limited was engaged in the construction of Asian design offshore
    876 words
  • Article, Illustration
    Lock icon Soaring High Amid Downturn
    764 13 2009 Market Performers Strategic decision of paying more focus to the rental business segment pays off for Tat Hong TRADITIONALLY, Tat Hong is engaged in trading and rental businesses, the latter of which comprised about a third of the Group's bottom-line prior to the 1997/98 financial
    764 words
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  • MALAYSIA
    • Article, Illustration
      Lock icon Make all law breakers accountable
      524 14  -  S JAYASANKARAN MALAYSIA INSIGHT Difficult to fathom Bank Negara's silence on the rich and powerful who used money changers to remit money abroad illegally T TAKES two to tango. Over the month, it has emerged that Malaysia's central bank, or Bank Negara, has come down
      524 words
    • Article, Illustration
      Lock icon Jakarta out to eradicate menace of judicial mafia
      748 14 -nyt" It may take decades to reform criminal justice system [JAKARTA] They have long worked illegally in the shadows of Indonesia's police stations, attorney-general's office and courts, the common link in what is called Indonesia's "judicial mafia". Called "markuses", they are middlemen
      -nyt"; AP  -  748 words
    • Article
      Lock icon Hospital's pursuit of Indonesian mother creates folk hero
      437 14 .-AP Misdiagnosis case results in victory for people power [JAKARTA] Prita Mulyasari wasn't looking for fame when she complained to friends via e-mail that hospital staff had misdiagnosed her mumps as dengue fever. But the hospital, in a move it probably now
      .-AP  -  437 words
    • Article
      Lock icon BURSA MALAYSIA
      2045 14 lee 17 RM Cooo] \&M Realty 0.60 0.19 advance Synergy 0.15 Viventa Bhd 2.88 \e Multi Hldgs 0.45 Win Holdings 2.54 \hmad Zaki Resou ....0.88 \\c Corp 0.43 \irasia Bhd 1.33 \kn Technology 0.12 alliance Financi 2.71 aluminium Co 1.05 Amalgamated Ind ....0.49 tomb Hldgs Bhd ....4.91 \mtel
      2,045 words
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  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon Macau's new leader to diversify economy
      420 15 Reuters, Bloomberg [MACAU] Macau, heavily reliant on its gaming industry, plans to diversify its economy over the next five years into sectors such as logistics, its new leader Fernando Chui said yesterday. Chinese leaders, who face challenges in corporate governance in Macau, also pledged
      Reuters, Bloomberg; AP  -  420 words
    • Article, Illustration
      Lock icon India says economy recovering but food inflation worrying
      504 15 -AFP [NEW DELHI] India's economy has turned around and could grow by over 7.75 per cent this year, the government said last Friday, but warned that surging food inflation was hitting the "common man" and must be tackled fast. "The clouds of
      -AFP  -  504 words
    • Article
      Lock icon RBI may raise rates earlier than expected
      366 15 Reuters [NEW DELHI] A meeting of India's central bank governor Duvvuri Subbarao with Finance Minister Pranab Mukherjee fuelled speculation on Friday that the bank may tighten monetary policy earlier than expected to stem rising prices. The Congress-led government is under pressure to tackle
      – Reuters  -  366 words
    • Article
      Lock icon China lending pressure may shift to smaller banks
      704 15 Reuters New lending figure for 2010 unlikely to fuel inflation, say analysts [BEIJING] A lending binge by Chinese banks that began this year is likely to continue, albeit at a slower pace, in 2010, pressuring smaller lenders' balance sheets and setting the
      Reuters  -  704 words
    • Article
      Lock icon Rusal to go ahead with HK share sale
      396 15 Reuters [HONG KONG] Russian aluminium company UC Rusal will push ahead with its US$2 billion Hong Kong IPO, even though a ban on a retail offering means the deal is effectively little more than a Russian state bailout. The world's largest aluminium
      – Reuters  -  396 words
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      37 15 BUILDING FUTURES a V n ■r" I want a global /^^B distinctive mark in I iI Tl if/ I alternative investments I WE HAVE THE PLAN Discounts available for PAassion and SAFRA card members* Mill Rfeaß .vluti'us
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  • ASIA-PACIFIC/WORLD
    • Article, Illustration
      Lock icon Cold snap causes travel disruption in Europe
      537 16 -AFP Thousands are stranded in rail stations, traffic jams and airports [PARIS] Tens of thousands of European travellers were stranded yesterday in rail stations, traffic jams and airports as heavy snow and ice caused massive disruption at the start of the Christmas holiday
      -AFP; XINHUA  -  537 words
    • Article
      Lock icon Spyker makes new offer to GM for Saab
      238 16 Bloomberg [NEW YORK] Spyker Cars NY yesterday said it has submitted a renewed offer for General Motors' Saab unit. "An 11-point proposal had been submitted to GM, addressing each of the issues that arose during the due diligence process" which will "remove
      ■ Bloomberg  -  238 words
    • Article, Illustration
      Lock icon Prince Alwaleed tops 2009 Arab Rich List
      600 16 Bloomberg [RIYADH] Prince Alwaleed bin Talal, Citigroup Inc's largest individual investor, was ranked the richest Arab businessman by Arabian Business magazine, after adding about US$l billion to his personal wealth this year. Prince Alwaleed's assets were valued at US$lB billion, the Dubai-based magazine
      ■ Bloomberg  -  600 words
    • Article
      Lock icon Iraq, Shell ink Majnoon oilfield deal
      272 16 Reuters [BAGHDAD] A group led by Royal Dutch Shell, Europe's largest oil company, has signed a deal to develop Iraq's Majnoon supergiant oilfield, pledging to spend tens of billions of dollars on the project over the next two decades. Shell, along with Malaysia's state-run
      – Reuters  -  272 words
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      78 16 Ps I! El 1 S3 Rn^V V 32"LCD TV Digito/ j^ I I f^^ Goodie Bog (Contents m^r vary) >v s^^^^4 Mossoger Home Theatre .^^K^^^^^^^^^^^^^^Cr/^^B L Supported by: y siu r*(©) I k gmh city 9^m) V yV Terms and conditions apply. Prizes while stocks last. Prizes are not exchangeable
      78 words
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  • WORLD
    • Article
      Lock icon New 'misery index' captures dilemma of many nations
      587 17 NYT Heading the list is Spain, with a 20% jobless rate and 10% deficit [NEW YORK] Sometimes economies can be too good. That is one lesson from the history of a new "misery index" created by Pierre Cailleteau, an economist and sovereign
      NYT  -  587 words
    • Article, Illustration
      Lock icon Morgan Stanley chief John Mack to forgo 2009 bonus
      594 17 -NYT [NEW YORK] A week after Goldman Sachs moved to quell the outcry over its resurgent profits and pay, Morgan Stanley said its top executive would forgo his bonus this year. The move, announced in a memo to employees, was aimed
      -NYT; BLOOMBERG  -  594 words
    • Article
      Lock icon OneWest Bank buys assets of First Federal Bank
      530 17 Reuters [NEW YORK] One West Bank, formerly failed mortgage lender IndyMac, bought the assets of First Federal Bank after it was closed by US regulators, in a deal that may bolster the case for private investment in banks. California's First Federal was
      – Reuters  -  530 words
    • Article
      Lock icon Buyout deals finally make a comeback
      441 17 Reuters [NEW YORK] Buyouts are finally returning for the deal-hungry private equity industry, which is looking at 2010 to deploy huge cash reserves into deals that buyers hope could get back up to double-digit billions. Private equity firms are pursing public-to-private deals more aggressively
      – Reuters  -  441 words
    • Article
      Lock icon Mood begins to improve in Motor City
      548 19 -AFP Worst could be over in Detroit; top carmakers plan to expand production [DETROIT, Michigan] Last year at this time, Motor City was anxiously awaiting word on whether the US government would rescue automakers devastated by steep recession and years of short-sighted management.
      -AFP  -  548 words
    • Article, Illustration
      Lock icon Greek unions curb wage demands
      385 19 Reuters Top ECB official urges Athens to shore up finances [ATHENS] Greece's main labour union will curb its pay demands for next year on condition that employers agree to hefty minimum wage rises, but an opinion poll on Saturday snowed the public are less willing
      – Reuters; AP  -  385 words
    • Article
      Lock icon Parliament approves Merkel's 8.5b euro tax cut plan
      343 19 Bloomberg [BERLIN] German Chancellor Angela Merkel's tax cut won final approval in parliament, clearing the way for the first major initiative of her seven-week-old government. Ms Merkel is betting on the 8.5 bil-lion-euro (Ssl7 billion) tax cut next year to underpin an
      Bloomberg  -  343 words
    • Article
      Lock icon Influential Iranian cleric Montazeri dies at 87
      239 19 AFP [TEHERAN] Top Iranian dissident Grand Ayatollah Hossein Ali Montazeri, a fierce critic of President Mahmoud Ahmadinejad who was once tapped to become Iran's undisputed No. 1, has died, reports said yesterday. "Montazeri, 87, died of an illness last night (Saturday)," the ISNA
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      2394 17 In the Matter of I in ih. m.H» n i 1 IN THE MATTER OF ThaCo.panie.AcCcp.so ne Com han"ap 50 pSrl^nTto'llc^n^™ BIZPOINT INTERNATIONAL LTD. cyJEJKg^ SMSSE TSSraSS: nqt^qf annual general meehnq (Co. Reg. No. *****2251 NJ *****1806H) On Members' Voluntary Winding Up) NOTICE IS HEREBY GIVEN that the Annual General
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  • FOCUS: HARVARD'S COFFERS
    • Article, Illustration
      Lock icon A case study of what not to do
      2823 18 Bloomberg Harvard's interest-rate swaps proved so toxic that the institution agreed to pay banks almost USslb to terminate them [BOSTON] ANNE Phillips Ogilby, a bond attorney at one of Boston's oldest law firms, on Oct 31 last year relayed an urgent message
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      29 19 LUAUKI |V| D]Kd AND HCSi-%iTAUT! I HBBHBBiHIiiI ffiPPinHl I ■111 t> mM MM MM i Ww M m MUMIMiH EEhSN BKpmSHB i F■lrafY .^^My^« KHKMi i—i Jin B§|j wSm
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  • AVIATION/SHIPPING
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      Lock icon Carnival reports 48% profit fall for Q4
      453 20 Reuters Advance bookings strong but cruise prices not recovered enough, it says [ATLANTA] Carnival Corp pic, the world's largest cruise ship operator, reported a 48 per cent drop in quarterly profit last Friday because of lower ticket prices, and shares fell 3 per
      Reuters; REUTERS  -  453 words
    • Article
      Lock icon Baltic Dry Index declines for a 10th consecutive day
      422 20 Bloomberg [LONDON] The Baltic Dry Index, a measure of shipping costs for commodities, fell for a 10th consecutive day, the longest losing streak since September, because of a lack of cargoes. The index tracking transport costs on international trade routes fell
      – Bloomberg  -  422 words
    • Article
      Lock icon Business air travel recovering, says lata
      212 20 Reuters [GENEVA] Premium airline seats are starting to fill up again after business travel plunged 18 per cent in the first 10 months of the year compared with the same period in 2008, the International Air Transport Association (lata) said. The number of business
      – Reuters  -  212 words
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      529 20 INFORMAL RED SEA AGREEMENT (IRSA) FAR EAST RED SEA TRADE f\ <| f\ RATE RESTORATION BUSINESS PLAN FOR £.\3 I U In order to maintain a high standard of service to their customers, the member lines of the Informal Red Sea Agreement (IRSA) covering trade from the Far East to
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      245 20 INFORMAI RATE m or^er to maintain a high standard AGREEMENT NRAI serv'ce to their customers, the FAR EAST MIDDLE EAST member lines of the Informal Rate TRADE RATE RESTORATION Agreement (IRA) covering trade from RUSINESS PLAN FOR the Far East to destinations in the Middle East wish to inform the
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  • Page 20 Miscellaneous
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      197 20 CRYPTIC CROSSWORD 28 Envy novel, e.g. B. Rudge (8) 16 Doctors in Milan with news- YESTERDAY'S SOLUTION 1 F^hhkh matrh nffirial npttinn paperman injected drug (9) Across: 1 Siesta, 4 Lacrosse, 8 Rit--1 Rubbish match official getting 1 y ~m professiona with person g mminent 0 Warhorse us embittered at
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  • DINING OUT
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      Lock icon Thai hits and misses
      736 21  -  Audrey Phoon NEW RESTAURANT Soht Baay #04-11 lon Orchard 2 Orchard Turn Tel: 6509-6058 IF torn yang kung is Thailand's national dish, Apasaracharus Wiwatphonthana is its embodiment. The Thai chef who owns a 1,200-seat seafood restaurant in Chonburi near the Gulf of Thailand has won gold
      736 words
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      192 21 CO ORGANISED BY 7*~~ ~v Alt &A -M. I f'^lA CAiIF LIANHEZAOBAO !?*fc. -V A publication of Sfji MAIN SPONSOR Citißusiness ClElbank A DAZZLING CHRISTMAS AT MERITUS M| This festive season, Meritus Mandarin and Marina Mandarin invite one and all to uninhibited indulgence with its plethora of sweet and savoury
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      9 21 www.omy.sg ffj| Mm U» v I i SI 1
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      9003 22 Weekended: Dec 18 52-wks Tel |h Low Code Last Sale Vol Week Last Quote |h Low Buyer Seller Div GrYld C'vr Net P/E M Cap Smil Mi Com| Hii 18 3 3148 STelecom 9.5 2.5 5834 A-Sonic 34 16 5000 ABR Hldgs 15.5 5.5 1938 AEI Corp 8
      9,003 words
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      Lock icon SGX CATALIST
      1824 23 52-wks Tel High Low Code Last Sale Vol Week Last Quote Div Gr Yld C000) High Low Buyer Seller C'vr Net P/E M Cap $mil Company 10 5 1181 s AAGrp 25 12 8538 t APStrategic 4 0.5 1501 s Advanced System 7.5 3.5 3480 t Adventus 20
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      Lock icon SGX ETF
      454 23 52-Wk Tel h Low Code Last Sale Vol C000) Week ill Low Last Quote Buyer Seller Div GrYld C'vr Net P/E MCap _Hm Comi _Hm 111 107 6389 ABF SG Bond ETF 819 427 CIMBAsean40 1OOUS$ 290 149 DBS STI ETF 100 4627 3534 DBXT DJE50 1OUS$ 3282
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      Lock icon CLOB INTERNATIONAL
      269 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
      269 words
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      Lock icon STRAITS TIMES INDEX STOCKS
      118 23 Stock name Close Change litaLand 4.110 -0.040 litaMal 1.730 -0.030 :it> lev 11.600 +0.600 :omfortDelGro 1.570 :osco Corp 1.070 IBS Grp 14.800 -0.080 :&N 4.080 -0.080 ienting SP 1.170 iolden Agri 0.485 -0.015 IK Land 4.700 -0.140 I... I name lose lange JMH 28.860 -0.140 JSH
      118 words
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      Lock icon SECURITIES TRADING SCOREBOARD
      101 23 Up Down Unch Up Down Unch Up Down Unch lulti Ind 6 9 3 0 0 0 lanufacturini 64 86 78 10 19 10 74 105 88 Commerce 20 35 24 26 44 29 r/C. 21 16 22 18 ■inance 18 12 18 13 Construction 14 15
      101 words
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      Lock icon SECURITIES TRADING TURNOVER
      118 23 MAIN SDQ TOTAL MAIN SDQ TOTAI lulti Ind 137,652 137,652 347,173 347,173 lanufacturint 1,182,449 68,956 1,251,405 875,129 4,601 879,730 Commerce 611,631 97,344 708,975 512,541 19,998 532,539 'pt/Stor/Comms 447,527 13,776 461,303 767,000 2,707 769,707 :inance 88,059 88,066 729,230 729,230 Construction 131,058 74,054 205,112 33,447 1,345 34,792 'roperties 641,404
      118 words
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      Lock icon STOCKS ASIA
      2679 23 Transaction date: Dec 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 Vol ■000 HK$ \eon Credit \eon Stores \ngang Steel \nhui Conch \nhuiexpressway \sia Satellite \sm Pacific Sank Of E Asia Jeida Jade Bird Jeijing Airport
      2,679 words
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      30 23 Insiders'trades. Brokers'recommendations. I TIJC Bl ICIMECC Tll\/lEC Dividend table. The pages also cover transactions I IHE DIOIIMEjJ lIIVIEJ by directors and substantial shareholders. In other words, news you can use.
      30 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      369 24 In local curr In S$ In US$ dy yr dy yr dy yr Index Change Change Change Change Change Change Dec 18 World Index Preliminary 813.0 -0.3 19.9 -0.5 20.7 -0.5 23.9 EAFE Preliminai 762.4 -0.5 17.4 -0.9 20.8 -0.9 24.1 Euroi Prelim inan 1091.7
      369 words
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      Lock icon FOREIGN CURRENCY NOTE RATES
      131 24 As at 9am Dec 18 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2310 1.2680 Can dollar 1.3040 1.3210 Euro 2.0040 2.0260 NZ dollar 0.9870 1.0080 iterlini ind 2.2580 2.2840 US dollar 1.3970 1.4130 Local dollars to 100 units of foreign
      131 words
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      Lock icon INTERBANK RATES
      176 24 Dec 18 Offer Bid Overnight 1/16 1-month 7/16 2-months 9/16 3-months 11/16 Overnight mode: 1/16 US$ Offer par 3/16 5/16 7/16 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months $Au 0.25 0.29 0.35 0.37 0.55 0.90 1.00 Offer 0.20 0.24 0.25
      176 words
    • Article
      Lock icon STOCK INDEX FUTURES
      29 24 Dec 18 ten Hii Sett STI Dec 2794 2794 2803 SIMSCI Dec 337.5 338.3 336.7 Taiwan Dec 278.0 279.0 277.8 Source: MF Global (S) He. Ltd
      29 words
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      Lock icon US$/S$ FORWARD RATES
      21 24 Dec 18 Bid Offer 1-month 1.4000 1.4020 2-months 1.4004 1.4025 3-months 1.4006 1.4027 6-months 1.4011 1.4032 Source: OCBC
      21 words
    • Article
      Lock icon PALM OIL
      59 24 Dec 17 lelivery lonth Opening Range Sett Av Price Price Hii Vol Open Done Position Low Ian 10 2580 =eb 10 2593 Vlar 10 2600 <\pr10 2609 Total o/p: ***** contracts 2556 2580 2554 659 2604 2620 2590 3921 2620 2628 2598 7146 2613 2628 2602 2150 Turnover:
      59 words
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      Lock icon SGX DERIVATIVES TRADING
      352 24 Dec 18 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Mar10 Jun10 Sep10 DedO 99.6300 99.4300 99.1350 98.8050 0 0 0 0 ***** 6580 3211 3144 EUROYEN TIBOR FUTURES Mar10 99.6250 99.6450 Jun10 99.6950 99.6950 Sep10 DedO Mar11 Jun11 Sep11 Dec11 99.6250 99.6950 99.6450 99.6800 99.7000 99.6900
      352 words
    • Article
      Lock icon SICOM FUTURES
      174 24 Dec 18 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Month High Low Close Sett Volume (lots) O/l (lots) Jan 10 Feb 10 288.0 Mario Apr 10 May 10 Jun10 288.0 288.0 289.9 289.0 290.0 294.0 295.0 10 602 779 574 490 730 634 TSR 20 (US cents/kg)
      174 words
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      Lock icon GOVERNMENT SECURITIES
      85 24 Dec 18 Period Issue code Maturity Yesterday's Bid Hi' Day's |h Low 3-Month BQ*****W 18.03.2010 1-Year BY*****N 01.11.2010 0.54 0.55 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's High Low 2-Year NX*****H 3.625 5-Year N*****0N 1.375 7-Year N*****0S 2.875 10-Year NX*****W 2.500 15-Year NY*****H 3.000
      85 words
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      Lock icon CHICAGO BOT
      100 24 Dec 18 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jan 10 1012.00 1022.00 1032.50 1008.25 Mar 10 1020.00 1030.00 1040.25 1016.25 May 10 1026.25 1036.50 1047.00 1023.00 Jul 10 1031.50 1041.75 1052.00 1028.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Ian 10 38.33 38.64 39.16
      100 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      77 24 CRUDE OIL PRODUCTS Dec 17 CRUDE (FOB origin) USS/barrel Close Cham Brent blend (1-Mth F) 72.61 -2.07 WTI (Near Mth) 72.58 -0.10 Dubai (1-Mth F) 72.75 -0.33 Tapis blend 77.60 1.70 Minas 75.20 0.15 PRODUCT USS/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 75.90 81.65 unch 0.80 USS/barrel Opec Oil
      77 words
    • Article
      Lock icon INTERBANK CROSS RATES
      465 24 Dec 18 AS CS Rmb Euro HKS IndRsRu Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound USS Australia 0.949 6.071 0.618 6.896 41.630 84.237 0.799 10.457 3.056 1.250 75.040 41.452 1.245 6.705 0.926 28.781 29.543 0.549 0.889 Canada 1.053 6.395 0.651 7.264
      465 words
    • Article
      Lock icon SIBOR
      67 24 Dec 18 6 mths 0.***** 9 mths 0.***** 12 mths 1.***** SWAP Mid rates (Ss) 1 yr 0.***** 2yrs 1.***** 3yrs 1.***** 4yrs 2.***** syrs 2.***** 7yrs 2.***** 10yrs 2.***** 12yrs 3.***** 15yrs 3.***** Source: Thomson Reuters mth 0.***** 0.***** mths 0.***** 0.***** mths 0.***** 0.***** mths 0.***** 0.*****
      67 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      158 24 Dec 18 Against SS Currencies Bid Offer Against USS Bid Offer S$IUS$ to one unit of foreign currency: Australian dollar 1.2441 1.2465 0.8888 0.8893 Canadian dollar 1.3105 1.3129 0.9362 0.9367 Euro 2.0133 2.0169 1.4384 1.4389 NZ dollar 0.9952 0.9980 0.7110 0.7120 Sterlini ind 2.2660 2.2701 1.6189 1.6191
      158 words
    • Article
      Lock icon PRECIOUS METALS
      132 24 Dec 18 /oz) tec tec -long Kong 1128.60 1109.10 .ondon Dec 18 Dec 17 1100.70 1111.50 1101.50 1112.50 Source: Thomson Reuters CAST BAR (S$) Dec 18 Buying Sellim Kilobar "53,663.71" ***** PAMP GOLD BARS (S$) Selling Buying gm igm Ogm !0gm JOgm OOgm oz ozUBS Kinphar™ 119.84 341.33
      132 words
    • Article
      Lock icon LONDON METALS
      66 24 Dec 18 Co iri iiuiii, yy.i (USS/tonne) Close Previous :ash 2201.25 2181.50 months 2238.00 2217.00 Copper, Grade A (USS/tonne) ;ash months 6797.50 6845.00 6826.00 6870.00 .ead (USS/tonne) :ash 2288.00 months 2320.00 2327.25 2359.00 lickel (USS/tonne) ]ash I months *****.00 *****.01 *****.00 *****.01 'in (USS/tonne) iash months *****.00 *****.01
      66 words
    • Article
      Lock icon LIFFE
      77 24 Dec 18 :OCOA (Btonne) Close Prev Hii ih/Low Mar 10 2217 2304 2298/2214 May 10 2237 2322 2316/2232 Jul 10 2215 2298 2292/2213 Sep 10 2187 2274 2260/2181 COFFEE (US$/tonne) Close Pev High/Low Jan 10 1325 1348 1361/1322 Mar 10 1364 1386 1400/1361 May 10 1397 1417 1431/1396 SUGAR
      77 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      2479 24 BONDS, WARRANTS EXTENDED SETTLEMENT rei lode Company Last Vol Conv Exer Sale +or- ('000) Ratio Price Disc Gear- Mths ing Left Asia-Pacific Strategic W*****6 2.5 unch 20 15 17 6.00 53 >036 Advance SCT Ltd W*****9 0.5 87 1844 9.00 S756 Asiatic Grp (H) Ltd W*****2 3 -12 1.56 9
      2,479 words
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      3331 25 The Business Times WmUm Shipping Times A KP| .ffl-B BP jJHHH WAN HAI INTERNATIONAL PTE LTD UEN: *****4695 M V f^T^l PV I: is* MSWrWn^M'nff _9U V\m\ lAf A 1.1 MAI I llirr TEL: *****588 (14 LINES) FAX:*****163 _^^e^ I Si^^^^J^M^^^^^H -H-MfnMG mm^Snmmm Y\^^i I WAN HAI INt J FKL
      3,331 words
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      3247 26 I linn eastern car liner, ltd inj§ 53®32& I B___~^^^B If-—— specialize in roro heavy lift upto 450 tons WEEKLY EXPRESS SAILING SCHEDULE I ><I>T^i!Sl!ff iln"'^"^^ I '''"ii'rr 1' 111"11™ VOY -g2!!!EIML- t'"'"3'KT) _IJN_ PKL _PEN_ _jKT_ _SUR_ _BTU_ <LMl<i:i:iPmilil tmmHi II)LL imm mum mmermimdkmicdpwmis VESSEL VOY SIN I PKG
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  • BizlT
    • Article, Illustration
      Lock icon BMC eyes new hires in Asia-Pac, including S'pore
      515 27  -  ONG BOON KIAT Business software vendor expects strong growth next year By BUSINESS service management vendor BMC Software Inc is looking to add staff to its sales and technical services teams across Asia-Pa-cific in anticipation of further growth in the coming year,
      515 words
    • Article
      Lock icon Hynix lenders to accept bids for stake by Jan 29
      497 27 Bloomberg SEOUL] Hynix Semiconductor Inc creditors will accept letters of intent from potential bidders for their controlling stake in the world's sec-ond-largest maker of com-puter-memory chips by Jan 29. The sale arrangers will send out notices to domestic companies tomorrow,
      Bloomberg  -  497 words
    • Article, Illustration
      Lock icon IPCom's plea for German ban against Nokia, HTC on hold
      386 27 -Reuters [HELSINKI] Cellphone makers Nokia and HTC are using technologies patented by German firm IPCom, a court said on Friday, but added it was unclear whether the patents were valid. A district court in Mannheim, Germany, decided to put on
      -Reuters; AFP  -  386 words
    • Article
      Lock icon Stretching the IT dollar in 2010
      666 27  -  ANG CHYE HIN <you say> By THE global economy may be getting healthier, but many businesses remain cautious and budgets are still mostly constrained. In other words, organisations which have spent the past year in budget-stretching mode are likely to have to find yet
      666 words
    • Article
      Lock icon Google phone revolution or misdirection?
      340 27 -AFP [SAN FRANCISCO] Google smartphones are either a daring foray into the telecom world or a misunderstood test of the next-gener-ation of the Internet giant's Android mobile operating system. Analysts interviewed were divided over what to make of the "Nexus One" smartphones that Google is
      -AFP  -  340 words
    • Article, Illustration
      Lock icon Star Hub's OpCo unit will see some 'red'
      554 28 Retail service providers, including Sing Tel, providing Internet connectivity to public sector agencies must use Nucleus Connect, reports WINSTON CHAI STARHUB subsidiary Nucleus Connect may have written off rival Singapore Telecommunications as a bandwidth customer but it appears that all is not
      JOSEPH NAIR  -  554 words
    • <what's up>
      • Article, Illustration
        Lock icon Sony Ericsson plants an Elm
        102 28 SONY Ericsson has unearthed the Elm, a harzardous chemical-free phone made from recycled plastics. The latest member of the company's eco-friendly "Green Heart" range, this candybar-shaped phone comes with support for High Speed Packet Access (HSPA) mobile broadband, Global Positioning System (GPS) satellite navigation, Wi-Fi
        102 words
      • Article
        Lock icon Dell gets its head into the 'cloud'
        92 28 PC giant Dell Inc has launched a suite of software-as-a-service (SaaS) offerings across 15 countries in Asia Pacific, including Singapore, Malaysia and Hong Kong. Aimed at businesses and government agencies and delivered over a cloud computing platform, Dell's offerings provide IT infrastructure management
        92 words
      • Article
        Lock icon Canon offers scanning on the move
        100 28 CANON has launched the imageFORMULA P-150, a portable scanner that can process up to 15 pages per minute and comes with a 20-sheet feeding capacity that can accomodate A 4 or letter-size paper stacks. Measuring 280x95x40mm and weighing one kg, the scanner can be
        100 words
      • Article
        Lock icon Extreme Networks appoints SEA director
        47 28 ENTERPRISE network equipment vendor Extreme Networks Inc has named Nicky Choo as regional director for South-east Asia. Mr Choo is also concurrently the director of channels/ alliances and services for Asia Pacific and Japan, a position he has held since July 2008.
        47 words
      • Article
        Lock icon Qwerty INQ phone available from Sing Tel
        131 28  -  ONG BOON KIAT SINGTEL has launched INQ Chat 3G, its second exclusive phone from INQ Mobile, and the first INQ phone to feature a Qwerty kepad. The multi-tasking capable Chat 3D brings updates from Twitter and Facebook directly to the homescreen, as well
        131 words
    • Article
      Lock icon Level playing 3G field needed: Tata
      162 28 Reuters [MUMBAI] Ratan Tata, chairman of India conglomerate Tata group, has urged the government to allocate spectrum simultaneously to all winners of a forthcoming third-generation wireless auction, the Economic Times said. The simultaneous allocation of spectrum would ensure a level playing field, the paper
      ■ Reuters  -  162 words
    • Article
      Lock icon Mobile growth in Asia-Pac to outpace world: Gartner
      364 28  -  ZHANG JIAO By MOBILE device growth in Asia Pacific will outpace the world next year, according to the latest projections by market research firm Gartner. Driven by growing smartphone demand, mobile device end user sales in Asia Pacific is expected to grow
      364 words
    • Article, Illustration
      Lock icon RIM outshines Palm as smartphone battle heats up
      657 28 Reuters [NEW YORK] The contrast between Research In Motion's strong quarterly performance and Palm Inc's disappointing numbers was stark last Thursday, but it's too early to call winners in an intensifying smartphone battle. As mobile phone users trade up to feature-rich, multimedia
      Reuters; REUTERS  -  657 words
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