The Business Times, 5 April 2010

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Total Pages: 33
1 34 The Business Times
  • 23 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|£l A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 123/08/2009 Monday, April 5,2010
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  • 675 1  -  China group plans to shun producers that are ‘unreasonable’ By ARTHUR SIM [SINGAPORE] Protests are mounting as the ramifications of new iron ore pricing set in with the latest industry body to make its displeasure known being the China Iron and Steel
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  • 997 1  -  Many caught by surprise by strong home sales; trend likely to continue this year By UMA SHANKARI [SINGAPORE] Major developers, caught by surprise by strong home sales in the past year, are now faced with fast depleting landbanks. Research compiled by property firm DTZ shows that
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  • 136 1 MARKETS Weekly Change ST Index 2,943.02 +36.74 KL COMP 1,335.94 +20.80 NIKKEI 225 11,286.09 +289.72 HANG SENG 21,537.00 +483.89 SET INDEX 801.15 +22.29 JAKARTA COMP 2,830.00 +16.92 MANILA COMP 3,161.80 -18.88 SEOUL COMP 1,723.49 +25.77 SHENZHEN B 642.06 +19.00 MUMBAI IND 17,692.62 +47.86 DOW 10,927.07 +76.71 NASDAQ 2,402.58
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  • Page 1 Advertisements
    • 233 1 VIEWS FROM THE TOP Should govt intervene in property market? PAGE 12 YOUNG INVESTORS’ FORUM Give consumers fair financial deals PAGE 10 BizIT Microsoft ups cloud ante in S’pore PAGE 32 DINING OUT Chic car park cuisine PAGE 26 AGEING WORKFORCE Problems may be exaggerated: study PAGE 4 THE SKIPPER'S
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  • TOP STORIES
    • 849 2  -  But prospect of rising rates may dampen market sentiment WALL STREET INSIGHT By ANDREW MARKS in New York THE March jobs report will have been out for three days before the US stock market has had the chance to react to the
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    • 536 2 Geithner delays decision on naming Beijing manipulator NYT [NEW YORK] The Obama administration said on Saturday that it would delay a decision on whether to declare China a currency manipulator, but it vowed to press Chinese leaders on the politically charged issue of its currency
      NYT  -  536 words
    • 568 2  -  Thai PM warned them they were ‘violating laws’, risked jail fine By LEE U-WEN [SINGAPORE] Faced with threats of a jail sentence and a heavy fine, thousands of Thai anti-govern-ment supporters yesterday agreed to end their two-day occupation of the commercial
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    • THREE-MINUTE DIGEST
      • 55 2 MAJOR developers, caught by surprise by strong home sales in the past year, are now faced with fast depleting landbanks. Research compiled by DTZ shows that out of 16 major developers in Singapore, half had less than 1,000 residential units left in their landbank as of
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      • 54 2 PROTESTS are mounting as the ramifications of new iron ore pricing set in with the latest industry body to make its displeasure known being the China Iron and Steel Association. In Australia, the new pricing has also raised the ire of steel
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      • 82 2 THE March jobs report will have been out for three days before the US stock market has had the chance to react to the strongest indication yet that the economy is on the way back. The Department of Labor last Friday reported that
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      • 81 2 RECENT government measures to curb speculation in HDB flats appear to have affected sentiment in the resale market. Property agents recount cases of buyers walking out of deals shortly after the new rules were announced. A few also observed a drop in the
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      • 69 2 IN the wake of the global recession, companies are now looking to their tax departments to contribute better cash management, tax planning, and operational efficiency, says a new report by KPMG. Its survey of tax departments in 20 countries last year
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      • 58 2 POWER struggles in Singapore-listed companies operating in China are increasingly taking on a new form the battle for the company seal. Every registered company in China requires a legal representative. Problems arise for companies when the legal rep refuses to be replaced and
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      • 67 2 CHINA should make the yuan fully convertible with the Hong Kong dollar as the first step towards making it a global currency, said Dai Xianglong, chairman of the National Council for Social Security Fund. Mr Dai, head of the People’s Bank of
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      • 71 2 THE battle for cloud computing supremacy in Singapore is hotting up with Microsoft sealing two new deals in this segment. Microsoft said last Saturday that Singapore Airport Terminal Services has adopted its budding Business Productivity Online Suite offering for its 9,000
        71 words
    • 520 4  -  Survey reveals hurdles to better tax risk management By MICHELLE QUAH [SINGAPORE] In the wake of the global recession, companies are now looking to their tax departments to contribute better cash management, tax planning, and operational efficiency, says a new report
      520 words
    • 673 4  -  Agents report drop in number of purchase enquiries and applications By EMILYN YAP [SINGAPORE] Recent government measures to curb speculation in HDB flats appear to have affected sentiment in the resale market, at least for now. Property agents BT spoke to recount cases
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    • 792 4  -  No conclusive straightforward link between age and productivity, it says By ANNA TEO [SINGAPORE] Predictably, the first rise in productivity in nine quarters in Q4 last year made headlines recently, when previously the figures went largely ignored while on the slide. But
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  • Page 2 Advertisements
    • 1142 2 GREAT! GREAT GROUP HOLDINGS LIMITED (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Annual General Meeting of Great Group Holdings Limited will be held at No.1, Kallang Way 2A, #08-00, Singapore *****5 on the 23rd day of April 2010 at 10.00
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    • 56 2 GOOD CLASS BUNGALOW EWART PK FOR SALE fS Lard ***** sq ft Build-up approx ***** sq ft Covered Carpark can park 20 cars SB. 38m Pool, Koi Pond Pte Home Lift, Wine Cellar Home Theatre, Gym Rm Hilltop View Attractive Price K H Tan *****348 Newsman Sole Agent 60,000 Hotels
      56 words

  • Page 3 Advertisements
    • 371 3 Meet the World Gourmet Summit's x tar& 11 -25 April 2010 FINE CUISINE GREAT WINES UNIQUE DINING WORLD GOURMET SUMMIT Proudly Presented By citibank" A A 1 m 8* Alfonso Ja cc arino f David Thomps Michel Dieter Kaufniann Ferran Adria son AO s taiig Andrea Berton Hosting Establishments Wineries
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  • Page 4 Advertisements
    • 1513 4 NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg IT-SELL IT-FIND IT T KOH BROS KOH BROTHERS GROUP LIMITED (Unique Entity Number *****0775D) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 16 ,h Annual General Meeting of Koh Brothers Group Limited (the "Company") will
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  • COMPANY NEWS
    • 952 5  -  Companies trying to replace legal reps in China-registered firms face resistance By LYNETTE KHOO POWER struggles in Singa-pore-listed companies operating in China are increasingly taking on a new form the battle for the company seal. Every registered company in China requires a legal
      952 words
    • 682 5  -  It also aims to lead Indian listings to Singapore, East Asia By VEN SREENIVASAN INDIAN financial services player IIFL Securities Pte Ltd, which recently received approval for Securities Trading and Clearing membership from the Singapore Exchange (SGX), plans to tap the
      682 words
    • 633 7  -  HOCK LOCK SIEW By CHEN HUIFEN OBSERVERS of the local healthcare scene got a glimpse of the “aggressive style of management” of Parkway Holdings’ new chairman Malvinder Mohan Singh recently. The billionaire dealmaker truly lived up to the description on the website of Religare Enterprises
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    • 409 7 Apr 1 BANKS Agricultural Bank Of China 5.5 ANZ Banking Group 6 Arab Bank PLC 5.5 Banco Bilbao Vizcaya Argentaria, S.A. 6 Bangkok Bank 6 Bank Julius Baer Co. Ltd(S) 5 Bank of America NA 5 Bank of China Limited 5.5 Bank of Communications 5.5 Bank of
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    • 309 7 A: Annual, E: Extraordinary G: General, S: Special, W: Warrantholders A full list of company meetings is at http://www.businesstimes.com.sg COMPANY MEETING PLACE DATE TIME Lereno Bio-Chem E 149 Rochor Rd #05-13/15 Fu Lu Shou Complex Singapore *****5 02-Apr 11.00am Elec Eltek A STI Auditorium 168 Robinson Rd, Level
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  • Page 5 Advertisements
    • 171 5 Accounting Accounting backlogs Messy Accounts Migration of accounting systems Reconciliation problems in P&L, fixed assets, stocks 285S* CoflVP The Accounting SWAT team offers expert help and fast turnaround to accounting problems, including any of the above. Call 6-222 6868 now AccountServe for the Accounting Specialists www.AccountServe.com.sg IG MARKETS get thinking
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  • SINGAPORE MARKETS
    • 627 6  -  STOCKS R SIVANITHY Senior Correspondent AS Wall Street continues to grind higher, as this column has predicted over the past months, it stands to reason that market indices all over the world should also follow. The operative word is of course, “indices”
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    • 467 6  -  COMMODITY WATCH By SOPHIA LAI Sophia Lai is investment analyst, at Phillip Futures CORN and corn products improve our lives in thousands of ways. Other than edible products, corn is also used in the production of plastics, fabric, paper and even fuel. Its wide
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    • 609 6 CURRENCIES Bloomberg [BANGKOK] Malaysia’s ringgit and South Korea’s won led gains in Asian currencies last week after data showed an economic recovery is gathering pace, encouraging funds abroad to raise holdings of regional shares. The Bloomberg-JPMorgan Asia Dollar Index reached the highest level
      Bloomberg  -  609 words
    • 1465 6 Consensus No. of Forecast Mean Fri’s recommendation esti-EPS PE target price Company name This wk Last mth mates (cents) (ratio) price Allgreen Properties Ltd 2.00 2.00 11 11.81 10.08 1.47 1.22 ARA Asset Mgt Ltd 1.67 2.00 3 7.47 15.27 1.27 1.15 Armstrong Ind Corp Ltd 1.00 1.00
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    • 3 6
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    • 67 6 WEEKLY Apr 1 VALUE CLOSE BT OB/OS 292.00 +255.0 BT CADI -*****.00 +206.0 BT 10-day MA -*****.00 +30.00 FTSE ST Mid Cap 703.38 +9.57 FTSE ST Small Cap 568.23 +9.53 FTSE ST All Share 725.90 +13.02 FTSE ST China Top 286.81 +5.10 FTSE ST China 307.27 +2.89
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    • 57 6 VOLUME Golden Agri 287,643,000 Genting SP 200,113,000 Abterra 156,149,000 Z-Obee Hldgs 134,108,000 Noble Grp 102,974,000 UPP 98,838,000 Novo Grp 85,489,000 NOL 84,142,000 Pac Andes 80,729,000 SingTel 71,446,000 VALUE($) DBS Grp 350,609,939 Noble Grp 319,624,222 UOB 260,882,213 SingTel 230,246,419 Wilmar 219,947,380 Genting SP 180,698,260 CapitaLand 178,034,955 NOL 172,001,890
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    • 113 6 BY CENTS CLOSE UP DBXT Nifty 10US$ ***** 392.8 2.4 DBXT FTChina25 10US$ 3071 282.3 7.0 Jardine C&C 3128 208.0 7.1 DBXT MSKorea 10US$ 4931 181.7 2.7 GLD 10US$ ***** 176.1 1.2 DBXT MSAsExJp 10US$ 2887 121.6 3.1 Lyxor China H 10US$ 1633 96.4 4.4 Great Eastern 1590 70.0
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    • 112 6 BY CENTS CLOSE DOWN SPDR DJIA 10US$ *****-1132.0 -6.9 BMT 790-310.0 -28.2 DBXT S&P Short 10US$ 5074 -54.5 -0.8 HL Asia 466 -18.0 -3.7 Parkway Hldgs 328 -18.0 -5.2 JMH 3410 -14.0 -0.3 Noble Grp 306 -12.0 -3.8 SGX 773 -12.0 -1.5 UOB 5.05%NCPS 100 ***** -10.0 -0.1 DelongH
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    • 87 6 Where S$ stands Apr 1 CHNG YR 2010 CLOSE FR Mar 31 S$ LOW S$ HIGH US$ 1.3979 0.13 1.4219 1.3914 Euro 1.8859 -0.06 2.0153 1.8753 Pounds 2.1262 -0.27 2.2776 2.0845 A$ 1.2833 -0.01 1.2923 1.2276 Yen* 1.4964 0.20 1.5927 1.4964@ Rupiah* 0.***** -0.09 0.***** 0.***** Baht* 4.3198 0.25
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    • 1501 8  -  Rare insider sales of Straits Asia Resources and Health Mgt Int’l INSIDE MARKETS By ROBERT HALILI The writer is managing director, Asia Insider Limited BUYING fell while the selling among directors rose during the holiday-short-ened week of March 29 to April 1,
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    • 1440 8 Payment Ex Books Pay (cts) date close date ABR Hldgs ak 1.000 11-May 13-May 27-May Action Asia an 1.000 06-May 10-May 19-May AEI Corp ak 1.000 06-May 10-May 26-May AEI Corp bh 2.000 06-May 10-May 26-May Allgreen Prop an 4.000 04-May 06-May 20-May Apex-Pal Intl an 0.500 07-Jun
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  • Page 7 Advertisements
    • 1295 7 LOGISTICS TRUST (a real estate investment trust constituted on 11 February 2010 under the laws of the Republic of Singapore) FfFimF'inCj LJF* l=CDFt HS/R'S GROZZ/7"/-/ Offer for Subscription by ARA-CWT Trust Management (Cache) Limited Offering of 474,108,000 Units, of which the size of the Public Offer is 41,000,000 Units 1
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  • Page 8 Advertisements
    • 1425 8 WATS 3 NOTICES T• SELL IT• FIND IT CHINA iAINO CHINA ZAINO INTERNATIONAL LTD (Incorporated in Bermuda) (Company Registration Number: *****) NOTICE OF SPECIAL GENERAL MEETING NOTICE IS HEREBY GIVEN that a Special General Meeting of China Zaino International Ltd (the "Company") will be held at 1 Raffles Boulevard, Suntec
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  • SINGAPORE NEWS
    • 760 9  -  New chamber will focus on African states that are well-governed By GEORGE JOSEPH A GROUP of bright, young men from Africa are in town to lay the groundwork for a unique Africa and South-east Asia Chamber of Commerce (Africaseac). A private sector-driven initiative,
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    • 221 9 THE POLICE have arrested three European men two Frenchmen and a Spaniard for cheating at the Resorts World Sentosa (RWS) casino. The three men, aged between 46 and 64 years, were detained last Saturday for cheating at the roulette tables by past-post-ing. Past-posting is the
      221 words
    • 474 9  -  By TEH SHI NING REGIONAL distribution, marketing and business process centres from Singapore’s services centre could soon move or expand into Iskandar Malaysia, says the chief executive of Johor’s economic zone development agency. “With the escalating cost of doing business and the
      474 words
    • 181 9 MOUNT Faber Leisure Group (MFLG) has appointed Olivier Lim as its new chairman with effect from last Thursday. Mr Lim is the group chief financial officer for CapitaLand Ltd, and continues to be a member of the board of Sentosa Development Corporation
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  • Page 9 Advertisements
    • 124 9 Importing WE MAKE IMPORTING SIMPLE. Sometimes, one wrong move can undo everything you've done. Why not rely on DHL IMPORT EXPRESS WORLDWIDE to solve your puzzling imports? One company door-to-door. One competitive price. One invoice in one currency. That means fast delivery without excuses or hidden costs. Simple and smart.
      124 words

  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • 1040 10  -  Retirement products must be demystified for ageing Asian populations, a professor says. JACKIE YAN ZHENG reports JACKIE YAN ZHENG The writer is a PhD student at NUS Business School, which first published this article. Professor Zvi Bodie was here as a visiting professor at the
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    • 1015 10  -  A recent conference by NTU’s Investment Interactive Club draws a large turnout, reports EILEEN TAY CAMPUS LIFE EILEEN TAY THE wealth management industry’s growth and increasing relevance to the economy has sparked keen interest among young people here. A recent wealth management conference organised by Nanyang
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  • Page 10 Advertisements
    • 45 10 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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  • Page 11 Advertisements
    • 132 11 Congratulations to Grupo R on the latest addition of delivered on schedule by Jurong Shipyard and bound for operations in the Gulf of Mexico under a 5-year charter with PEMEX, the national oil company of Mexico. PetroRig III is the fifth in a series of turnkey 6 th generation Friede
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  • VIEWS FROM THE TOP
    • 2685 12 THIS WEEK’S TOPIC: Should the government intervene in the property market or leave it to free market forces? Why? Lim Choo Leng Managing Director HSL Constructor Pte Ltd I AGREE there must be some control, but current controls such as the imposition of stamp duty if the
      AFP  -  2,685 words

  • ECONOMY WATCH
    • 496 13 Payroll count, job numbers both heading higher: research bureau Bloomberg [WASHINGTON] The biggest increase in employment in three years makes it “pretty clear” that the deepest US recession since the 1930s has ended, said the head of the group charged with making the call.
      Bloomberg; BLOOMBERG  -  496 words
    • 305 13 Reuters AFP [FRANKFURT] The European Central Bank will lay out a complex set of new rules on the assets banks can swap for ECB loans, while analysts expect it will also keep euro zone interest rates at a record low of one
      Reuters; AFP  -  305 words
    • 352 13 Bloomberg [TOKYO] Bank of Japan policy makers will consider raising their economic assessment this week after mounting evidence that the export-led recovery exceeds their expectations, three people familiar with the matter said. The board may stop saying the expansion will “remain moderate”
      Bloomberg  -  352 words
  • Page 13 Advertisements
    • 3264 13 MATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg ALBEDO LIMITED (Company Registration No. *****5118M) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at 2 Corporation Road #06-04 Corporation Place Singapore *****4 on Tuesday, 20 April 2010 at 2 p.m.
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  • MALAYSIA
    • 606 14  -  To carry out the reforms in his New Economic Model, he needs the full backing of his party MALAYSIA INSIGHT S JAYASANKARAN KL Correspondent ABDULLAHAh-mad, a former political secretary to Malaysia’s second primeminister Abdul Razak Hussein, always believed in calling a spade just that. He once
      AFP  -  606 words
    • 286 14 Bloomberg [KUALA LUMPUR] EON Capital Bhd’s revamped board backed a takeover by Malaysian billionaire Quek Leng Chan’s Hong Leong Bank Bhd (HLB) after it raised its bid to RM5.06 billion (S$2.18 billion). “The offer is credible as a whole and should
      Bloomberg  -  286 words
  • Page 14 Advertisements
    • 676 14 a a I DEBAO PROPERTY DEVELOPMENT LTD. s m m r n m n| (Incorporated in Singapore on 16 August 2007) (Company Registration Number: *****5053Z) ■^J 7Z =3 =3 INITIAL PUBLIC OFFERING IPO closes 8 April 2010 at 12.00 noon Jiangnan Mingju'PhS^^SJ Waterfront Villas, Shanshui Longpan INVESTMENT MERITS An award-winning
      676 words
    • 18 14 WWW.OI mxmte Thank goodness tmmm Obsequious Without further ado GL learn Chinese as you read omy web novel
      18 words

  • GREATER CHINA
    • 503 15 Japan not putting pressure on making yuan flexible [BEIJING] China’s Premier Wen Jiabao said that one country can’t be blamed for imbalances in trade relationships, a comment that comes amid pressure on the Asian nation to allow its currency to appreciate. Trade problems
      XINHUA  -  503 words
    • 391 15 Ex-central bank chief says it’s first step to making it a global currency Bloomberg Xinuha [HONG KONG] China should make the yuan fully convertible with the Hong Kong dollar as the first step towards making it a global currency, said Dai Xiang long,
      Bloomberg; Xinuha  -  391 words
    • 297 15 Xinuha [BEIJING] China Construction Bank (CCB), the country’s second largest lender, would strictly control its overseas operation risks and diversify assets in the future after exposing US$1 billion to Dubai World debt, a senior executive said on Friday. CCB vice-president Fan
      Xinuha  -  297 words
    • 2070 15 VOL Apr 2 RM +/-(‘000) A M Realty 0.68 -0.02 7 Abric Bhd 0.18 0 0 Advance Synergy 0.16 0 468 Adventa Bhd 3.66 -0.02 2437 Ae Multi Hldgs 0.74 -0.01 2626 Affin Holdings 2.95 0.04 2005 Ahmad Zaki Resou 0.89 -0.01 340 Aic Corp 0.84 -0.01 4395
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    • 604 16 River has shrivelled to its lowest level in decades; China blames low rainfall AFP [HUA HIN, Thailand] South-east Asian nations on the shrinking Mekong River began talks with China yesterday over fears that its dams are further depleting the waterway which
      AFP; AP  -  604 words
    • 134 16 Reuters [BEIJING] A power shortage caused by severe drought in south-west China has spread to Hubei province after hitting export hub Guangdong, prompting additional demand for coal-fired generation, Xinhua reported yesterday. Some 300,000 tonnes of thermal coal was needed to plug a shortage in Hubei
      Reuters  -  134 words
  • Page 15 Advertisements
    • 158 15 Said Business School a UNIVERSITY OF OXFORD I BREAK THROUGH YOUR BOUNDARIES EATER MINDS DON'T HAVE TO THINK ALIKE BUSINESS DEVELOPMENT MANAG ENTREPRENE •v. .V ft FNANCE MANAGER? mm m KM >X fr i THE OXFORD ADVANCED MANAGEMENT AND LEADERSHIP PROGRAMME If you want to enhance your performance and impact
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  • Page 16 Advertisements
    • 3735 16 BEATS NOTICES •SELL IT• FIND IT Toll free: 1800-289-8822 Email: notices@sph.com.sg Beng Kuang Marine Limited m m m w pi m Registration No. *****0196M (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Beng Kuang Marine Limited (the
      3,735 words

  • INDIA
    • 551 17 They showcase Indian fabrics and rich carftsmanship AFP [NEW DELHI] Raw silk, cotton, jute India’s traditional fabrics are finding favour among top designers raring to break new ground in the highly competitive Indian fashion market. The tendency to ape Western cuts and style in
      AFP; PHOTOS: AFP  -  551 words
    • 461 17 He is set to press India to open its highly regulated markets to US investment AFP [WASHINGTON] Timothy Geithner will begin his maiden visit to India as US Treasury Secretary tomorrow, hoping to improve an economic relationship that is often eclipsed by Washington’s trade with
      AFP  -  461 words
  • Page 17 Advertisements
    • 14 17 I* Lianhe Zaobao Challenges and opportunities SiftttflMl! zmmm For Subscription, call 6388 3838 www.sphsubscription.com.sg
      14 words
    • 226 17 FAMOUS FOR OUR AWARD-WINNING PERFORMANCE THREE MORNINGSTAR AWARDS. TWELVE UPPER AWARDS ONE DEFINITE LEADER. Franklin Templeton Investments is the proud recipient of three out of nine Morningstar fund awards and twelve Lipper fund awards, taking top honours among investment managers. franklintempleton.sg/awardwinning MORNINGSTAR FUND AWARDS 2009 T It -4 a r
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  • ASIA-PACIFIC/WORLD
    • 707 18/19 More seeking career in wine industry as China demand grows AFP [BORDEAUX, France] Asian women working from grape to glass are having a profound impact on the evolution of the world’s fastest growing wine culture, including the emerging Asian palate. “The American or
      AFP  -  707 words
    • 585 18/19 Sense of crisis looms as home market shrinks, deflation eats into sales NYT [TOKYO] While Japanese products in the technology and auto sectors are household names worldwide, the same is not true in the food industry. But that may be about to change.
      NYT  -  585 words
  • WORLD
    • 595 18/19 Investor groups of nuns, priests contest the way derivatives are handled Bloomberg [WASHINGTON] Goldman Sachs Group and JPMorgan Chase aren’t doing “God’s work” when it comes to derivatives, according to investor groups of nuns and priests. Shareholders will vote starting this month on proposals
      Bloomberg  -  595 words
    • 451 18/19 High earners saw stronger increases during 2004-07 Reuters [PARIS] The incomes of France’s top earners rose much faster than the average in the three years to 2007, according to statistics released on Friday that add fuel to a growing debate over tax breaks for
      Reuters; AP  -  451 words
    • 257 18/19 AFP [LONDON] Britain’s Business Secretary Peter Mandelson has launched a scathing attack on Barclays Capital president Bob Diamond, branding him the “unacceptable face” of banking in an interview on Saturday. Mr Mandelson, Prime Minister Gordon Brown’s de facto deputy, said Mr Diamond had earned tens of
      AFP  -  257 words
    • 596 20 Top names in Asian contemporary art got their start at Larasati, says CEO Bloomberg [HONG KONG] Daniel Komala says he has a knack for plucking young Asian artists, such as I Nyoman Masriadi, from obscurity and turning them into auction stars. The chief
      Bloomberg; 33 AUCTION  -  596 words
    • 554 23 Case raises questions about safety of workers in the biotech industry AP [NEW YORK] A federal jury has awarded US$1.37 million to a former Pfizer scientist who claimed she was sickened by a ge-netically-engineered virus at a company laboratory and then fired for raising safety
      AP; REUTERS  -  554 words
  • Page 18/19 Advertisements
    • 102 18/19 CjfY\foYV^LMJ^L m v: It takes months to handcraft a Bentley. It takes just 3.9 seconds for you to hit iookm/h in the new Continental Supersports. Powered by a potent twin-turbo W12 engine that delivers a top speed of 3?9km/h in a heartbeat. This awe-inspiring supercar embodies all the refined styling
      102 words
    • 144 18/19 Nothing says luxury like a Bentley. And nothing says ultimate luxury like the new Bentley Mulsanne. Completely re-designed from the ground up, the Mulsanne pays homage to Bentley's history and heritage, while making confident strides towards the marque's future. Inside, the Bentley tradition of extreme customisation lives on: 115 exterior
      144 words

  • Page 20 Advertisements
    • 3193 20 MATS NOTICES BUY IT SELL IT FIND IT Toll free: 1800-289-8822 Email: notices@sph.com.sg dtac TAC.LG 052/2010 usun fnma nonma nouyumtfu Tinci (uhiou) ruiuEJUiaun **********037 319 oims5qsariu5sou 22-41 nuuwopfn imooilnuou iticiUnuou nsoinwumuns ***** TOTAL ACCESS COMMUNICATION PUBLIC COMPANY LIMITED Registration Number **********037 319 Chamchuri Square Building, 22 Pathumwan, BangkokThailand. ***** www.dtac.co.th
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  • ASIA-PACIFIC/WORLD
    • 909 21 German is third time lucky after mechanical failures in first 2 races; Rosberg takes 3rd place Reuters [SEPANG, Malaysia] Sebastian Vettel stormed to victory at the Malaysian Grand Prix here yesterday, leading home a Red Bull one-two ahead of
      Reuters; AFP  -  909 words
    • 672 21 At least 35 people killed, more than 200 wounded AP [BAGHDAD] Suicide attackers detonated three car bombs near embassies in Baghdad yesterday, killing at least 35 people and wounding more than 200 in back-to-back attacks, authorities said. The bombings came two days after a
      AP  -  672 words
    • 318 21 Reuters [TEHERAN] Iran aims to raise about US$12.5 billion by privatising more than 500 state firms during the 2010-11 year, including two refineries and two car makers, a senior official said in remarks published yesterday. Mehdi Aqdaie, deputy director of Iran’s privatisation organisation,
      Reuters  -  318 words
    • 369 21 Reuters [DUBAI] Dubai developer Emaar Properties will roll over US$1.23 billion of debt maturing in 2010 into long-term project financing deals with analysts adding that the pressure to make hasty divestments was now off. Emaar has 4.5 billion dirhams (S$1.7 billion) of loans
      Reuters  -  369 words
    • 620 21 It accounts for a third of the jobs added in March AP [WASHINGTON] As census workers gear up to count the US population, they are counting themselves lucky to be employed. This once-a-decade temporary work force is giving a timely boost to
      AP  -  620 words

  • Page 22 Advertisements
    • 3442 22 HIAP HOE LIMITED (Registration Number: *****0676Z) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Hiap Hoe Limited ("the Company") will be held at Orchard Hotel, Lavender Room, 442 Orchard Road Singapore *****9 on Tuesday, 20 April 2010
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    • 2474 22 Ai SINGAPORE COSCO CORPORATION (SINGAPORE) LIMITED (Company No.: *****0159G) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN THAT the Annual General Meeting of the Company will be held at Suntec Singapore International Convention Exhibition Centre, 1 Raffles Boulevard Suntec City, Singapore *****3, Meeting Room 325-326, Level 3 on Tuesday,
      2,474 words
    • 173 22 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF ADC TELECOMMUNICATIONS SINGAPORE PTE LTD (IN MEMBER'S VOLUNTARY LIQUIDATION) (Company Registration No. *****3901E) NOTICE TO SUBMIT PARTICULARS OF DEBTS OR CLAIMS Notice is hereby given that the creditors of the abovenamed Company, whose debts or claims
      173 words

  • Page 23 Advertisements
    • 3793 23 MATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg UNITED FOOD HOLDINGS LIMITED (Incorporated in Bermuda with limited liability) (Company Registration Number: *****) NOTICE IS HEREBY GIVEN that the Annual General Meeting of UNITED FOOD HOLDINGS LIMITED ("the Company") will be held at Suntec Singapore International Convention Exhibition Centre, Meeting Rooms 311
      3,793 words

  • Page 24 Advertisements
    • 4979 24 HATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg MEDTECS INTERNATIONAL CORPORATION LIMITED (Incorporated in Bermuda) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Medtecs International Corporation Limited (the "Company") will be held at Changi Room 1, Level 4 of Holiday Inn Atrium, 317 Outram
      4,979 words
    • 926 24 In the Matter of The Companies Act, Cap 50 And In the Matter of DIVISION OF JOHNS HOPKINS IN SINGAPORE LIMITED (CO. REG. NO. *****0353G) (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Cap 50., the Final
      926 words

  • AVIATION/SHIPPING
    • 690 25 Newer medication rarely causes side effects such as drowsiness AP [WASHINGTON] The government is lifting a 70-year-old ban on letting pilots fly while using antidepressants, in part because medications for the condition have improved. Federal aviation officials suspect that the restriction
      AP  -  690 words
    • 517 25 Reuters [TOKYO] All Nippon Airways Co (ANA), headed for a US$693 million loss in the just-ended financial year, said its profitability has started to bounce back, thanks to a recovery in travel demand, particularly in the high-margin business class segment. The
      Reuters  -  517 words
    • 328 25 AP [LOS ANGELES] After a decade of development, the United States Air Force (USAF) this month plans to launch a robotic spacecraft resembling a small space shuttle to conduct technology tests in orbit and then glide home to a California runway. The ultimate
      AP  -  328 words
    • 403 25 Reuters [SYDNEY] A stranded Chinese bulk coal carrier leaking oil into the sea around Australia’s Great Barrier Reef is in danger of breaking up and damaging the reef, government officials said yesterday. The 230-metre Shen Neng I was on its way to China when
      Reuters; AFP  -  403 words
    • 2857 25 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi SQ457 1230 SQ456 1250 EY473 1950 Adelaide LH9771 1745 LH9770 2350 SQ268 1745 SQ269 2350 Amsterdam LO4031 0605 LO4032 2345 SQ323 0605 SQ324 2345 US5410 0605 US5411 2345 AZ3992 1525 KL835 1525 Athens SQ348 0105 Auckland LH9761 0640 LH9760
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  • Page 25 Miscellaneous
    • 296 25 CRYPTIC CROSSWORD Across 1 Spin doctor Premier’s dispatched (12) 9 Relate gets adult forward in anguish (9) 10 Stroke from club holding end of putter (5) 11 Wet planet before humanity ends (6) 12 Bird watching around lake (8) 13 Beats English in defeats (6) 15 Sudden stock issue? (8)
      296 words

  • DINING OUT
    • 565 26  -  By Audrey Phoon NEW RESTAURANT Alcova #01-42 Market Street Car Park 146 Market Street Tel: 6220-2080 www.alcova.com.sg MARKET Street Car Park really needs to get itself a new name. It was fine before, when it was really just a car park (the
      565 words
  • Page 26 Advertisements
    • 361 26 f 0 CGUNTRKS F 6 CNITS 20 DAYS 1 «MLTR It could be you i m *•> *nJ2 V I I N WINE DINE AND HOSPITALITY SPRING DELICACIES Enjoy seasonal specialties presented by Chef Hiroshi Kagata with a ten-course Sakura Kaiseki featuring Grilled Baby Lobster with Sea Urchin, Simmered Top
      361 words

  • SINGAPORE STOCKS
    • 9281 27 Week ended: Apr 1 52-wks Tel Last Vol Week Last Quote Div GrYld Net M Cap High Low Code Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 18 3.5 3148 8Telecom 17.5 -0.5 682 18 17 17 18 1.7 10.3 5.6 83.8 10 3 5834 A-Sonic
      9,281 words
    • 1838 28 52-wks Tel Last Vol Week Last Quote Div Gr Yld Net M Cap High Low Code Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 10 5 1181 t AA Grp 5.5 5 5.5 30.6 5.3 25 12 8538 t APStrategic 15.5 13 15 91.5 4 1
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    • 632 28 52-Wk Tel Last Vol Week Last Quote Div GrYld Net MCap High Low Code Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 111 107 6389 ABF SG Bond ETF 109.5 108.5 110 499.8 872 499 CIMBAsean40 100US$ US857xd -2 4 872 857 852 857 34.3 299
      632 words
    • 269 28 52-Wk Tel Last Vol Week Last Quote Div GrYld Net MCap High Low Code Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 56 26 6000 AVJennings A47.5 -0.5 35 48 47.5 46 47.5 3.6 7.4 3.8 123.7 31 8 6017 Genting HK US$ US22 +0.5 *****
      269 words
    • 114 28 Stock name Close Change CapMallsAsia 2.300 +0.040 CapitaLand 4.040 +0.070 CapitaMall 1.800 +0.030 CityDev 10.860 +0.260 ComfortDelGro 1.560 DBS Grp 14.560 +0.260 F&N 4.980 +0.180 Genting SP 0.890 +0.005 Golden Agri 0.600 +0.020 HK Land 5.070 Stock name Close Change JMH 34.100 +0.800 JSH 20.080 +0.840
      114 words
    • 186 28 MAIN SDQ TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 13 5 0 0 0 0 13 5 0 Manufacturing 103 66 65 9 9 20 112 75 85 Commerce 38 19 24 5 6 6 43 25 30 Tpt/Stor/Comms 24 15 6
      186 words
    • 123 28 TURNOVER (‘000) VALUE (‘000) MAIN SDQ TOTAL MAIN SDQ TOTAL Multi Ind 97,547 97,547 347,899 347,899 Manufacturing 1,645,653 111,647 1,757,300 1,163,571 12,925 1,176,496 Commerce 755,558 87,686 843,244 701,362 26,484 727,846 Tpt/Stor/Comms 436,937 4,347 441,284 787,683 542 788,225 Finance 127,468 103 127,571 905,681 8 905,689 Construction 199,626 9,659
      123 words
    • 2709 28 Transaction date: Apr 2 For a full listing of the closing prices, log on to BT online at http://business-times.asia1.com.sg after 11.30pm every trading day HONG KONG Vol HK$ +/-'000 Feb 1 Aeon Stores 13.3 -0.1 22 Angang Steel 14.5 0.26 ***** Anhui Conch 53.65 2.35 5015 Anhuiexpressway 5.38
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  • Page 28 Advertisements
    • 26 28 Insiders' trades. Brokers' recommendations. Dividend table. The pages also cover transactions by directors and substantial shareholders. In other words, news you can use. THE BUSINESS TIMES
      26 words

  • FINANCE & COMMODITIES
    • 365 29 In local curr In S$ In US$ dy yr dy yr dy yr Apr 1 Index Change Change Change Change Change Change World Index Preliminary 875.1 0.9 5.1 0.9 3.3 1.0 3.8 EAFE Preliminary 821.7 1.0 4.7 1.1 0.9 1.2 1.4 Europe Preliminary 1171.9 1.2
      365 words
    • 132 29 Apr 1 As at 9am Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2720 1.3090 Can dollar 1.3710 1.3870 Euro 1.8830 1.9040 NZ dollar 0.9840 1.0050 Sterling pound 2.1170 2.1400 US dollar 1.3900 1.4050 Local dollars to 100 units of foreign
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    • 26 29 Apr 2 Open High Sett STI Apr closed SIMSCI Apr 346.4 348.2 Taiwan Apr 286.2 288.3 287.1 Source: MF Global (S) Pte. Ltd
      26 words
    • 178 29 Apr 1 Bid $S Offer Bid Overnight 1/16 1/32 1-month 7/16 3/16 2-months 9/16 5/16 3-months 11/16 7/16 Overnight mode: 5/16 US$ Offer Bid 7 days 0.25 0.22 1 month 0.32 0.24 2 months 0.35 0.25 3 months 0.37 0.27 6 months 0.52 0.42 9 months 0.80 0.60
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    • 23 29 Apr 1 Apr S$ Bid Offer 1-month 1.3979 1.3999 2-months 1.3981 1.4001 3-months 1.3983 1.4003 6-months 1.3989 1.4010 Source: OCBC
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    • 67 29 Apr 2 Apr KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Apr 10 2594 2605 2607 2593 205 3858 May 10 2574 2571 2580 2564 734 ***** Jun 10 2560 2559 2569 2550 4092 ***** Jul 10 2549
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    • 326 29 Apr 2 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Jun10 99.6300 0 4001 Sep10 99.4400 0 2460 Dec10 99.1350 0 1296 Mar11 98.7750 0 2958 EUROYEN TIBOR FUTURES Jun10 99.6050 1047 5074 Sep10 99.6250 827 4489 Dec10 99.6300 0 1480 Mar11 99.6150 0 1434 Jun11 99.5900
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    • 169 29 Apr 1 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) May 10 360.0 355.0 360.0 47 Jun 10 350.0 350.0 351.0 60 Jul 10 341.0 Aug 10 337.0 Sep 10 335.0 Oct 10 335.0 TSR 20 (US cents/kg) Volume
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    • 87 29 Apr1 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****H 01.07.2010 0.34 1-Year BY*****N 01.11.2010 0.37 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0A 2.625 01.04.2012 104.14 104.22 104.15 5-Year N*****0N 1.375 01.10.2014 100.63 100.75 100.60 7-Year
      87 words
    • 105 29 Apr 1 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low May 10 942.00 941.00 947.00 932.50 Jul 10 951.25 950.00 956.00 941.50 Aug 10 946.25 943.75 948.50 936.50 Sep 10 932.75 926.00 930.50 921.25 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low May 10 38.98 38.31 38.99
      105 words
    • 77 29 CRUDE OIL PRODUCTS Apr 1 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 83.66 1.92 WTI (Near Mth) 85.07 1.54 Dubai (1-Mth F) 81.51 1.98 Tapis blend 86.25 1.55 Minas 85.05 1.55 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 79.40 -0.05 Jet Kerosene 90.65 1.05 US$/barrel Opec Oil
      77 words
    • 2675 29 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Tel Last Vol Conv Exer Disc Gear-Mths Code Company Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 2.5 unch 100 1 15 13 6.20 49 4085 ASJ Hldgs W*****1 3.5 0.5 1428 1 4 7 2.00 22 2036 Advance SCT Ltd W*****9 0.5
      2,675 words
    • 466 29 Apr 1 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.929 6.271 0.680 7.133 41.084 83.271 0.860 10.347 2.991 1.300 77.369 41.507 1.285 6.654 0.966 29.179 29.721 0.603 0.919 Canada 1.077 6.751
      466 words
    • 85 29 Apr 1 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 0.***** 0.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths
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    • 154 29 Apr1 US$ Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2838 1.2859 0.9185 0.9187 Canadian dollar 1.3818 1.3845 0.9886 0.9891 Euro 1.8870 1.8902 1.3501 1.3504 NZ dollar 0.9875 0.9892 0.7065 0.7067 Sterling pound 2.1280 2.1319 1.5225 1.5231
      154 words
    • 137 29 Apr 2 GOLD (US$/oz) Apr 02 Apr 01 Hong Kong closed 1115.30 Apr 01 Apr 02 London 1124.85 closed 1125.65 CAST BAR Apr 01 (S$) Selling Buying Kilobar 53,743.96 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 120.91 50 5gm 341.33 251 10gm 610.97 501 20gm 1150.25 1003
      137 words
    • 71 29 Apr 1 Apr 1 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2322.65 2293.50 3 months 2352.00 2323.00 Copper, Grade A (US$/tonne) Cash 7855.00 7759.25 3 months 7885.00 7790.00 Lead (US$/tonne) Cash 2182.25 2119.25 3 months 2210.00 2147.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne)
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    • 76 29 Apr 1 (£/tonne) Close Prev High/Low May 10 2251 2255 2273/2242 Jul 10 2266 2273 2289/2260 Sep 10 2226 2229 2247/2226 Dec 10 2186 2189 2204/2185 COFFEE (US$/tonne) Close Pev High/Low May 10 1356 1356 1372/1353 Jul 10 1389 1388 1405/1387 Sep 10 1424 1388 1439/1422 SUGAR (US tonne)
      76 words

  • Page 30 Advertisements
    • 1928 30 BALISA SHIPPING TRADING PTE LTD 8 Shenton Way, #40-03A, Singapore *****1 Tel: 6345 5700 Fax: 6345 5227 Email: singapore@balisagp.com CR NO. **********0W UK CONTINENT SERVICE U.S.A. SERVICE Destination STXPO TBN Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Destination STXPO TBN New Orleans/Camden *Loads E./W. Malaysia, Indonesia Destination DD LEADER
      1,928 words
    • 1526 30 WAN HAI INTERNATIONAL PTE LTD UEN: *****4695M TEL: *****588 (14 LINES) FAX: *****163 PKL TEL: (03) *****888 FAX: (03) *****288 PEN TEL: (04) *****00 FAX: (04) *****99 JOH TEL: (07) *****23 FAX: (07) *****21 SUR TEL: (031) *****75 FAX: (031) *****14/*****05 JKT TEL: (021) *****88 FAX: (021) *****88 PLM TEL:
      1,526 words

  • Page 31 Advertisements
    • 1281 31 HDS LINES THE SHORTEST TRANSIT TO PERSIAN GULF Visit our website at: TBA CONTAINER SERVICE TO JEDDAH, ISTANBUL, MIDDLE EAST, PERSIAN GULF, CIS, MEDITERRANEAN AND NORTHERN EUROPE HDM SERVICE FMX and SMX SERVICE Connecting EMC SERVICE via MALTA VESSEL VOY SIN PKG JEA BND BIK SIN PKG JED DAM IST
      1,281 words
    • 949 31 EASTERN CAR LINER, LTD SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS INTRA-ASIA SERVICE VOY Ramp(KT) Lifting(KT) SIN PKL JKT KUC SUR BTN GENIUS STAR 46 45 60 08/04 09/04 11/04 13/04 YUSHO CHERRY 22 60 10/04 11/04 13/04 15/04 18/04 SANKO ETERNAL 12 30 11/04 12/04 14/04 16/04 POSITIVE
      949 words
    • 928 31 WEEKLY EXPRESS SAILING SCHEDULE WESTBOUND TO: COLOMBO, COCHIN, NHAVA SHEVA, JEBEL ALI, DAMMAM ALSO ACCEPTING CONTAINERS TO ALL NORTHERN AND WESTERN INDIAN ICD POINTS VESSEL VOY SIN PKL (W PORT) CMB (JCT2) NSA (NSICT) STADT ROSTOCK 0006W 30 MAR 31 MAR 05 APR 08 APR NORDWELLE VNW040 06 APR 07
      928 words

  • BizIT
    • 800 32  -  SATS and RSVP Singapore have signed up for Microsoft’s BPOS cloud service, reports ONG BOON KIAT ONG BOON KIAT THE battle for cloud computing supremacy in Singapore is hotting up. Microsoft Corp, which is making a big push in this segment,
      800 words
    • <what’s up>
      • 78 32 HEWLETT-PACKARD has launched a trio of new ProLiant-branded server platforms the ProLiant DL165 G7, DL385 G7 and SL165z G7 said to offer a significant performance and power savings boost over previous generations. Powered by the AMD Opteron 6100 Series processors, the new line-up is expected
        78 words
      • 112 32 FUJITSU has launched the ScanSnap S1300, a compact mobile scanner that lets mobile users and business professionals improve their productivity by easily converting documents into the PDF format via a one-touch setting. It features one-button scanning, image correction functions and is compatible with both
        112 words
      • 132 32 SONY ERICSSON has launched its first Android-based smartphone the Xperia X10 to SingTel customers. The candybar-shaped phone comes in black and white, and features a unique “User Experienc e” (UX) interface. Powered by a 1 Ghz Qualcomm Snapdrago n processor, the quadband 135g phone runs
        132 words
      • 40 32 US-BASED security vendor Beyond Security has appointed Transition Systems as its Singapore distributor. Beyond Security provides security testing tools and services for organisations and government agencies, and is also known for its SecuriTeam security web portal.
        40 words
      • 85 32  -  Compiled by ONG BOON KIAT ONLINE photo service Snapfish by HP has announced a new offering that lets gadget buffs in Singapore create decorative covers for their electronic devices, using colour photos from their Snapfish account. The offering, dubbed PhotoSkin, is a partnership with
        85 words
    • 480 32 Reuters [TOKYO] Sharp Corp said it plans to start making advanced 3D displays for cellphones and other mobile devices that don’t require special viewing glasses this year, betting that demand for 3D images will grow beyond movie theatres and living rooms
      Reuters  -  480 words
    • 766 32 Bloomberg [SAN FRANCISCO] Apple Inc’s iPad tablet computer went on sale this morning, drawing crowds to stores across the country, rivalling the frenzy seen when the iPhone went on sale in 2007. Hundreds of shoppers lined up to wait for stores to open at
      Bloomberg; AP  -  766 words
    • 539 33  -  Exhibitor turnout expected to grow about 8% after last year’s setback By WINSTON CHAI SINGAPORE’S convention and exhibition scene may have suffered a major setback with the pullout of Games Convention Asia but Singapore’s largest infocommunications trade show will not only press on,
      THE STRAITS TIMES FILE PHOTO  -  539 words
    • 361 33 Bloomberg [WASHINGTON] Microsoft Corp, the world’s biggest software maker, sued Datel Design Development Ltd, claiming the UK company is infringing design patents for controllers used with the Xbox 360 video-game system. In a lawsuit filed in federal court in Seattle, Microsoft is seeking
      Bloomberg  -  361 words
    • 522 33 Reuters [NEW DELHI] Nine firms will compete in a widely watched airwaves auction in India starting next week that would pave way for the introduction of high-speed third-generation mobile services in the world’s fast-est-growing mobile market. The Indian government hopes to net
      Reuters  -  522 words
    • 934 33  -  By AMIT ROY CHOUDHURY AS Singapore companies gear up to undertake an IT equipment refresh following the easing of economic pressure, client or desktop virtualisation is being increasingly looked at as a promising new option, according to a market watcher. Desktop virtualisation, which aims
      934 words
    • 239 33 Reuters [OTTAWA] Research In Motion (RIM) shares fell 6 per cent on Thursday after the company posted quarterly results that magnified market jitters about rivals stealing market share from the BlackBerry smartphone. Still, opinion is divided on RIM’s prospects. Naysayers point to waning North American demand
      Reuters  -  239 words
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  • Page 33 Advertisements
    • 33 33 Win Ticke Bati JOtitorta A* Log onto 11 travellers.cjrn C the ultimate travel resource L&gt;l) SPH for ST "Spring Sensations" travel supplement stories. Sponsored By: Garuda Indonesia Content Powered By: red nano. sg
      33 words

  • BizIT FOCUS
    • 1770 34  -  Vendors expected to roll out more offerings, but teething challenges still loom, reports ONG BOON KIAT ONG BOON KIAT EVENasGreenpeacewarned last week that cloud computing platforms could spew out more carbon emissions than previously estimated and potentially grow into an environmental bugbear, this IT metaphor for
      FILE PHOTO  -  1,770 words
    • 492 34  -  By OLIVIA HO A YEAR down the road from the National Grid initiative’s first baby steps, business is blossoming for designated grid service provider NewMedia Express. Alan Woo, chief technology officer and co-founder of the home-grown Internet solutions firm, said that the National Grid
      492 words
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