The Business Times, 19 April 2010
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2010-04-19
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The Business Times
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Title Section23 2010-04-19 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|Sl A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 123/08/2009 Monday, April 19,201023 words
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Article, Illustration664 2010-04-19 1 VIKRAM KHANNA - By VIKRAM VIKRAM KHANNA [SINGAPORE] The ChinaSingapore Suzhou Industrial Park is ranked second out of 254 in a new set of ratings of China’s industrial parks released today. The ratings, which range from AAA to C, are based on664 words
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Article, Illustration945 2010-04-19 1 GENEVIEVE CUA - London Nominees Football Fund aims to nurture young talent and kick in profits By GENEVIEVE CUA [SINGAPORE] If you have a passion for football, you can do more than cheer your favourite team. You could invest in a fund that aims toYEN MENG JIIN - 945 words
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Article158 2010-04-19 1 BT ONLINE BT print subscribers get free access to BT Online at www.businesstimes.com.sg. For more information, e-mail btocs@sph.com.sg or call 6388-3838. MARKETS Weekly Change ST Index 3,007.19 +35.22 KL COMP 1,332.77 -1.21 NIKKEI 225 11,102.18 -102.16 HANG SENG 21,865.26 -343.24 SET INDEX 736.16 -53.50 JAKARTA COMP 2,878.67 +33.66158 words
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Advertisement180 2010-04-19 1 BizIT S’pore PC market surged in Q1 PAGE 30 VIEWS FROM THE TOP Keeping the flow PAGE 12 HOCK LOCK SIEW Blacklisting directors has to be backed with action DINING OUT San-sui revamp pays off PAGE PAGE 7 Infinitely more. t5b5 -!CM 8S7l t ncros s T LEE V/SA k180 words
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TOP STORIES
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THREE-MINUTE DIGEST
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71 2010-04-19 2 IF YOU have a passion for football, you can do more than cheer your favourite team. You could invest in a fund that aims to participate in a multi-billion-dollar sport that appears to be fairly immune to economic downturns. What’s more, you71 words
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62 2010-04-19 2 THE China-Singapore Suzhou Industrial Park is ranked second out of 254 in a new set of ratings of China’s industrial parks released today. The ratings, which range from AAA to C, are based on research surveys, interviews and site62 words
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92 2010-04-19 2 WALL Street analysts will be spending a lot of time trying to gauge the fallout of the Securities and Exchange Commission’s civil lawsuit filed on Friday against Goldman Sachs for allegedly intentionally misleading clients into buying collateralised debt obligation securities backed92 words
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91 2010-04-19 2 BETS on whether stock exchanges that hold both regulatory and commercial undertakings will eventually split these roles in separate entities are now stacked against the status quo. Weighing in on this issue recently is Anthony Neoh, former chairman of the Hong Kong Securities91 words
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82 2010-04-19 2 A RAY of sunshine brightened the ash-covered skies of Europe yesterday as airports in several countries started to reopen or shelve plans to shut after test flights by French, Dutch and German airlines showed no damage to plane engines. Spain reopened all82 words
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61 2010-04-19 2 INDIAN equities have become expensive and there are inflation worries, but foreign investors seem confident that the country’s long-term fundamentals are intact. Foreign investment continues to pour in as they see that is a “terrific long-term story”, said Tarun Kataria, HSBC India’s managing61 words
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Article86 2010-04-19 2 THE high unemployment rate in the US is a result of a severe drop in demand for goods and services and is not a reflection of longer-term structural changes in the economy, a top adviser to President Barack Obama said on Saturday. The adviser,86 words
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75 2010-04-19 2 PRUDENTIAL aims to gain approval for its Hong Kong listing this week, sources with direct knowledge of the matter said, as it pushes ahead to fund its US$35.5 billion takeover of Asian rival AIA. The British insurer is seeking the listing to75 words
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69 2010-04-19 2 A WAVE of Chinese companies is washing up on US stock exchanges, using transactions called reverse mergers in order to tap lucrative US financing markets while bypassing normal procedures for initial public offerings. With reverse mergers, the companies can get listed on US69 words
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Article66 2010-04-19 2 IN the latest sign that local demand for personal computers is back on the growth path, Singapore’s PC market expanded 21 per cent in the JanuaryMarch period compared to the same quarter last year, according to preliminary PC shipment numbers from research firm Gartner66 words
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977 2010-04-19 2 ANDREW MARKS - Erosion of trust could send retail investors back to the sidelines By ANDREW MARKS WALL Street analysts will be spending a lot of time trying to gauge the fallout of the Securities and Exchange Commission’s civil lawsuit filed on Friday against977 words
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Article, Illustration643 2010-04-19 2 MICHELLE QUAH - Tham Sai Choy will take over from Danny Teoh By MICHELLE QUAH [SINGAPORE] Professional services firm KPMG will see a new man at the helm, come October. Its head of audit for the region, Tham Sai Choy, will take over from current643 words
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Article, Illustration387 2010-04-19 2 EMILYN YAP - By EMILYN YAP [SINGAPORE] Construction tender prices in key Asian cities are likely to rise this year as the economy recovers and building activity picks up. According to a report by property and construction consultancy Rider Levett Bucknall (RLB): “BarringSource: Rider Levett Bucknall - 387 words
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964 2010-04-19 4 LYNETTE KHOO - Split in regulatory, commercial roles matter of time: former HK SFC chief By LYNETTE KHOO [SINGAPORE] Bets on whether stock exchanges that hold both regulatory and commercial undertakings will eventually split these roles in separate entities are now stacked against the status quo.964 words
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460 2010-04-19 4 EMILYN YAP - By EMILYN YAP [SINGAPORE] The financial crisis was a huge blow to hedge funds investing in Asia, causing more of them to close in 2008 and 2009 than in other years. But Singapore still managed to attract a fair460 words
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Article, Illustration630 2010-04-19 4 Several European airports have started to reopen or have shelved plans to shut Reuters Bloomberg [LONDON] A ray of sunshine brightened the ash-covered skies of Europe yesterday as airports in several countries started to reopen or shelve plans to shut after test flights byReuters; Bloomberg; AP - 630 words
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Advertisement200 2010-04-19 2 uommunion siaZOM The Unparalleled ICT Event In Asia Is Back With More 15-17 JUNE 2010 10:30am 6pm OIll nnnrrunn 1Q MlilE Oflin in on b SINGAPORE EXPO 18 JUNE 2010 10:30am 4pm •-> EVENT HIGHLIGHTS: Exhibition Source from over 1,350 exhibitors for your business' new alternative vendors under one roof200 words
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Advertisement89 2010-04-19 3 U We were there when Patrick's grandparents told his parents how hard things were "back in our day..." We are there when his parents tell him how hard things were "back in our day..." We'll be there when he tells his children, "Back in my day..." v« V? I ekF'189 words
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Advertisement111 2010-04-19 4 Valuation in S’pore, HK can’t be compared, Page 7 TM n no tec H your preferred security partner^-*-*-Security for WORK HOME 12 Months One For One Warranty m i CCTV Door Access Alarm 8183 6146 9732 8848 > ffi) INTERNET 2 Cams CCTV System Internet Monitoring No Computer Needed Inclusive111 words
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Advertisement26 2010-04-19 4 -s- tt. Lianhe Zaobao Aiu mm Would pressure fir wan ti rise impact S-chipsP ft mm At m To subscribe, call 6388-3838 or go to sphsubscription.com.sg26 words
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Advertisement453 2010-04-19 5 OCBC PREMIER BANKING ISN'T IT TIME YOU ENJOYED BONUS INTEREST ON YOUR SAVINGS? ■v r m I ,,v 5 tol.il 'J 1 V "2£S;-v -><: ■M hH fe: 4 5 f j ffi J-*/ 1 w^9S(lSM Earn interest of up to 1% 1 p.a. when you deposit with us. Enjoy453 words
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SINGAPORE MARKETS
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Article, Illustration723 2010-04-19 6 R SIVANITHY - STOCKS R SIVANITHY Senior Correspondent OVER the past few weeks, this column has recommended sticking to index blue chips and forget punting of the low-priced pennies. As it turned out, this was decent enough advice as the Straits Times Index gained about723 words
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424 2010-04-19 6 COMMODITY WATCH AFP [LONDON] Oil prices diverged last week as traders reacted to demand forecasts and the performance of the dollar, while metals futures hit multi-month highs. Oil: Crude oil began last week on a downbeat note, sinking under pressure from mediocre demandAFP - 424 words
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563 2010-04-19 6 CURRENCIES Bloomberg [SINGAPORE] Asian currencies rose, with the Philippine peso and Singapore dollar posting the best weeks in at least four months, after reports showed economic growth in the region is gathering pace. The Bloomberg-JPMor-gan Asia Dollar Index reached a 20-month high after China’sBloomberg - 563 words
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Article106 2010-04-19 6 BY CENTS CLOSE UP JMH 3664 225.3 4.7 DBS.ES.1004 1556 118.0 8.2 DBXT DJE50 10US$ 4260 90.7 1.6 OUE 1602 90.0 6.0 DBXT MSEurope 10US$ 4375 85.2 1.4 DBS Grp 1548 80.0 5.4 Lyxor Europe 10 US$ 1292 64.6 3.8 UOB 2046 62.0 3.1 UOB.ES.1004 2042 58.0 2.9 JSH106 words
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Article131 2010-04-19 6 BY CENTS CLOSE DOWN DBXT Nifty 10US$ *****-126.4 -0.8 DBXT S&P Short 10US$ 4941 -93.4 -1.4 Lyxor China H 10US$ 1623 -87.9 -3.8 DBXT FTChina25 10US$ 3090 -78.3 -1.8 Jardine C&C 2952 -72.0 -2.4 OCBC Bk 5.1%NCPS 100 ***** -58.0 -0.6 Transpac W*****1 54 -29.5 -35.3 DBS DB ePW*****4131 words
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Article1465 2010-04-19 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 Prop Ltd 2.00 2.00 11 11.81 10.84 1.47 1.24 ARA Asset Management Ltd 1.67 1.67 3 7.47 15.27 1.27 1.15 Armstrong Ind Corp Ltd 1.00 1.001,465 words
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Article64 2010-04-19 6 Apr 16 VALUE CLOSE BT OB/OS 500.00-312.00 BT CADI -*****.00-106.00 BT 10-day MA -*****.00 +50.00 FTSE ST Mid Cap 737.54 -1.08 FTSE ST Small Cap 596.63 -2.34 FTSE ST All Share 746.00 -2.24 FTSE ST China Top 307.10 -3.15 FTSE ST China 316.27 -2.86 FTSE ST Catalist64 words
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Article55 2010-04-19 6 VOLUME GMG Global 382,277,000 Cache 310,051,000 Golden Agri 308,444,000 Cosco Corp 295,129,000 Yangzijiang 223,187,000 Genting SP 195,441,000 TopGlobal 190,175,000 Lereno 187,672,000 Ying Li 186,952,000 Lereno R 183,511,000 VALUE($) DBS Grp 563,908,535 Cosco Corp 506,273,665 CapitaLand 376,022,220 UOB 372,438,672 SingTel 314,551,088 Cache 302,498,772 Yangzijiang 301,622,230 SGX 284,308,346 NOL55 words
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Article87 2010-04-19 6 Apr 16 CHNG YR 2010 CLOSE FR Apr 15 S$ LOW S$ HIGH US$ 1.3732 0.04 1.4219 1.3732@ Euro 1.8616 0.16 2.0153 1.8560 Pounds 2.1228 0.08 2.2831 2.0845 A$ 1.2811 0.12 1.2960 1.2276 Yen* 1.4818 -0.22 1.5927 1.4731 Rupiah* 0.***** 0.04 0.***** 0.***** Baht* 4.2600 -0.0587 words
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Article, Illustration1421 2010-04-19 8 TEH HOOI LING - TEH HOOI LING Senior Correspondent MARKETS turned a little tentative last week, after a strong performance in the previous two weeks. On average our portfolios ended 0.4 per cent lower. This compared with a 6.9 per cent gain posted the two weeks before. The1,421 words
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Article, Illustration1282 2010-04-19 8 ROBERT HALILI - But value of firms’ buybacks up sharply from previous week’s low level INSIDE MARKETS By ROBERT HALILI The writer is managing director, Asia Insider Limited THE director activity remained low with only 41 trades worth $14.6 million based on filings on the SingaporeNote: Figures are buybacks in millions of shares - 1,282 words
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Advertisement7 2010-04-19 6 mmm Phillip Futures K Bringing OOlTIITlOClitIGS closertoyou7 words
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COMPANY NEWS
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Article, Illustration896 2010-04-19 7 LYNETTE KHOO - HK has much wider investor pool including mainland Chinese: ex-official By LYNETTE KHOO IT is unfair to compare the valuations of Chinese companies listed in Hong Kong and Singapore, according to Anthony Neoh, former chairman of the Hong Kong Securities and Futures Commission896 words
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695 2010-04-19 7 JAMIE LEE - HOCK LOCK SIEW By JAMIE LEE LIKE a headmaster suspending his charges for getting into fist fights, the Singapore Exchange (SGX) has blacklisted 10 ex-direc-tors; they can no longer sit on boards without the bourse’s permission. The names of the 10 former695 words
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147 2010-04-19 9 CARMIGNAC Gestion, an independent asset manager based in Europe, has debuted in Singapore as part of its virgin foray outside Europe. It announced on Thursday the registration of 19 of its funds here. According to Carmignac Gestion, the funds’ investment choices will be “based147 words
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Article403 2010-04-19 9 Apr 16 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 of403 words
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Article, Illustration637 2010-04-19 9 CHEN HUIFEN - Former CEO Lim Cheok Peng paid tribute for steering group since 1987 AGM WATCH By CHEN HUIFEN PARKWAY Holdings’ former CEO Lim Cheok Peng, 64, has been described as a “magician” who has made wonderful things happen, including the transformation of the group637 words
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Article380 2010-04-19 9 COMPANY MEETING PLACE DATE TIME Asiamedic Ltd A 350 Orchard Road, #08-00 Shaw House, Singapore *****8 17-Apr 9.00am CSE Global A The Guild Room, The National University of Singapore Society, Suntec City Guild House, 3 Temasek Boulevard #05-001, Suntec City Mall, Singapore *****3 19-Apr 2.30pm Fragrance Grp A380 words
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Advertisement101 2010-04-19 7 0 MARKETS get thinking FX/CFD trading The world's No. 1 CFD provider* FX/CFD trading provides a simple way to profit from rising and falling prices. Access global markets 24/7; FX plus thousands of shares, ETFs, commodities and indices on one account. Automatic rebates on Singapore shares and FX for high-volume101 words
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Advertisement172 2010-04-19 9 Accounting Blues?,« Accounting backlogs V rr\rt\0» a Messy Accounts Migration of accounting systems Reconciliation problems in P&L, fixed assets, stocks The Accounting SWAT team offers expert help and fast turnaround to accounting problems, including any of the above. Call 6-222 6868 now for the Accounting Specialists AccountServe www.AccountServe.com.sg Importing WE172 words
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SINGAPORE NEWS
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Article, Illustration442 2010-04-19 10 JOYCE HOOI - It’s a key source of financial security upon retirement, home owners told By JOYCE JOYCE HOOI DEPUTY Prime Minister Wong Kan Seng yesterday urged home owners to think before selling their HDB flats in the current upbeat property market. “In today’s brisk market,442 words
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Article, Illustration500 2010-04-19 10 SIOW LI SEN - HSBC banker says investors believe in its long-term story By SIOW LI SEN INDIAN equities have become expensive and there are inflation worries, but foreign investors seem confident that the country’s long-term fundamentals are intact. Foreign investment continues to pour in as they500 words
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Article406 2010-04-19 10 JOYCE HOOI - 88 individuals, companies and tripartite partners to receive May Day Awards By JOYCE JOYCE HOOI LABOUR Day this year will be marked with relatively more pomp as a nod to the recovering economy and the resilience of the tripartite partnership. “We were able to406 words
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Article1986 2010-04-19 10 Payment Ex Books Pay (cts) date close date 8Telecom Intl bn 0.622 11-May 13-May 02-Jun ABR Hldgs ak 1.000 11-May 13-May 27-May Action Asia an 1.000 06-May 10-May 19-May Adampak Ltd ak 1.500 06-May 10-May 26-May Advanced Hldgs ak 2.000 03-May 05-May 18-May AEI Corp ak 1.000 06-May1,986 words
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Advertisement174 2010-04-19 10 IPBA 2010 SINGAPORE INTER-PACIFIC BAR ASSOCIATION 20™ ANNUAL CONFERENCE 2 5 MAY 2010 I SINGAPORE I SANDS EXPO CONVENTION CENTRE LIMITED PUBLIC REGISTRATION FOR SPECIAL SESSIONS S$ 856* Q&A SESSION: MINISTER MENTOR LEE KUAN YEW ft PLENARY KEYNOTE ADDRESS: FORMER U.S. VICE PRESIDENT AL GORE inclusive of 7% GST CATCH174 words
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Advertisement107 2010-04-19 10 60,000 Hotels Worldwide Best Rates Instant confirmation www.luxury.com.sg FHRC3D autopack ™> PRINT.SCAN.MANAGE Everything you need to print a card! VALUE PACKAGE! vFargo HDP 5000 single side card printer v200 pes pvc cards x YMCK color ribbon HDP film viDesign Lite ID Card HDP5000 single side card printer S$4,333-50/set (price include107 words
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BT-CITIBANK YOUNG INVESTORS' FORUM
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Article, Illustration1213 2010-04-19 11 KAREN CHO - Understand how the Internet is changing the world, and act accordingly. Get on ‘the right side of history’, says author Robert Greene. KAREN CHO reports KAREN CHO Robert Greene is also the author of ‘The Art of Seduction’, ‘The 33 Strategies of War’, and1,213 words
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Article, Illustration928 2010-04-19 11 JASLENE PANG - CAMPUS LIFE By JASLENE PANG THE foreign exchange (FX) trading market is capturing university students’ interest. Some 1,137 students have leapt at the chance to try their hand at forex trading in a large-scale education programme held over the last twoYEN MENG JIIN - 928 words
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Advertisement248 2010-04-19 11 Be smart with your finances 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 have248 words
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VIEWS FROM THE TOP
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Article, Illustration2376 2010-04-19 12 THIS WEEK’S TOPIC Are the recent changes in car COEs and vehicle prices a cause for concern? What should be done if anything? Richard Stuart Managing Director IPS Securex Pte Ltd IT WOULD be good to take advantage of the higher certificate of entitlement (COE) prices to2,376 words
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Advertisement1120 2010-04-19 13 ADVERTORIAL FEATURE Making the supply chain leap Mr Sim: ‘We are in the midst of developing our own brand and are contracting someone to brew it for us in Australia. The formulation and the look of the beer brand have already been done. Now we are looking at quality control1,120 words
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ECONOMY WATCH
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Article, Illustration587 2010-04-19 14 High unemployment not caused by long-term structural changes: Romer NYT [NEW YORK] The high unemployment rate in the US is a result of a severe drop in demand for goods and services and is not a reflection of longer-term structural changes in the economy,NYT; REUTERS - 587 words
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588 2010-04-19 14 Bloomberg [SYDNEY] Australian goods and services tax revenue will be about A$13 billion (S$16.5 billion) more than estimated, Treasurer Wayne Swan said, increasing the funds available to states and to fund the government’s health reform programme. “That means another A$2-3 billionBloomberg - 588 words
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490 2010-04-19 14 Bloomberg [SAN FRANCISO] The Federal Reserve’s longest-serv-ing policy maker, Thomas Hoenig, said limiting the Fed to the supervision of only the largest banks will “leave us ill-equipped” for the next crisis. Such a move would “continue the large-bank bias of legislators andBloomberg - 490 words
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Article, Illustration666 2010-04-19 14 It’s looking to create new architecture for post-crisis world LAT-WP [WASHINGTON] As the World Bank tries to rebuild after a global economic crisis that arguably boosted its reputation but left it strapped financially, the agency will get support from a new quarter: sovereignLAT-WP - 666 words
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297 2010-04-19 14 Reuters [BERLIN] Germany will not need a supplementary budget to pay for an aid package to Greece, Finance Minister Wolfgang Schaeuble was quoted as saying on Saturday, adding he did not expect German taxpayers to suffer. Greece is moving closer to activating anReuters - 297 words
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Advertisement140 2010-04-19 14 FHA2010 Cll 20 23 April 2010, Singapore EXPO EUROPEAN TABLE.EU TRADITION, MODERNITY, QUALITY Presentation of high quality meats and cold cuts produced in the European Union, including fresh, chilled and deep-frozen beef, veal and pork, as well as other food products based on these ingredients. The presented meat comes from140 words
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MALAYSIA
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Article2069 2010-04-19 15 VOL Feb21 RM +/-(‘000) A M Realty 0.65 unch 0 Abric Bhd 0.18 unch 0 Advance Synergy 0.15 0.01 875 Adventa Bhd 3.41 -0.03 528 Ae Multi Hldgs 0.71 0.01 ***** Affin Holdings 3.08 unch 3273 Ahmad Zaki Resou 0.90 unch 57 Aic Corp 0.75 -0.02 1028 Airasia2,069 words
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Article, Illustration558 2010-04-19 15 S JAYASANKARAN - MALAYSIA INSIGHT S JAYASANKARAN KL Correspondent THERE is an enduring view (in the United States, at least) that for a long time, Asian currencies have remained undervalued to sustain exports. This view has been reinforced recently by China, whose export juggernaut has made it558 words
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157 2010-04-19 15 Reuters [KUALA LUMPUR] Malaysia has awarded a commercial banking licence to a locally incorporated bank to be owned by India’s Bank of Baroda, Indian Overseas Bank and Andhra Bank, the central bank said last Friday. Bank Negara said that the licence was given asReuters - 157 words
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Advertisement241 2010-04-19 15 CATHAY PACIFIC V J enjoy the best business class deals with Visa VA 1 ■jm fly at preferred rates with Cathay Pacific's business class offers choose from these great destinations across the world and book with your Visa Platinum, Visa Signature or Visa Infinite card to enjoy exclusive discounted business241 words
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GREATER CHINA
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588 2010-04-19 16 Listing would come ahead of key rights issue to fund takeover of AIA Reuters [HONG KONG] Prudential aims to gain approval for its Hong Kong listing this week, sources with direct knowledge of the matter said, as it pushes ahead to fundReuters - 588 words
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1672 2010-04-19 16 AAA Tianjin Economic-technological Development Area Tianjin China-Singapore Suzhou Industrial Park Suzhou, Jiangsu Guangzhou Development District Guangzhou, Guangdong Kunshan Economic and Technological Development Zone Suzhou, Jiangsu Qingdao Economic and Technological Development Zone Qingdao, Shandong Shanghai Caohejing High-tech Industrial Development Zone Shanghai Yantai Economic and Technological1,672 words
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Article, Illustration398 2010-04-19 16 Bloomberg [CARACAS] Venezuela secured a US$20 billion loan from China and agreed to form a joint venture to pump crude oil from a block in the Orinoco Belt, President Hugo Chavez said as he promised to meet the Asian country’s energy needs. MrBloomberg - 398 words
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Article, Illustration896 2010-04-19 17 Mature China firms use such deals for a US listing without the hassle of an IPO Reuters [NEW YORK] A wave of Chinese companies is washing up on US stock exchanges, using transactions called reverse mergers in order to tap lucrative US financingReuters; REUTERS - 896 words
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232 2010-04-19 17 Reuters [BUENOS AIRES] Argentina’s government will propose changes to its soyoil controls in order to bring exports closer to a tough new Chinese standard that is disrupting shipments, a government source said on Friday. Chinese authorities have denied the new soyoil rules wereReuters - 232 words
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Advertisement95 2010-04-19 17 What occupies over 65 Olympic size swimming pools? Asia's LARGEST International Food Hospitality Trade Event 20-23 April 2010 Singapore Expo I»" www.foodnhotelasia.com FHA^OfO because the environment has deadlines too If it's more efficient, FedEx likes it. Our new Boeing 777F aircraft uses less fuel and gets to its destination quicker.95 words
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GREATER CHINA/INDIA
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Article, Illustration784 2010-04-19 18 Second-placed Hamilton produces the thrills; Rosberg of Mercedes is third CHINESE GRAND PRIX AFP [SHANGHAI] Defending champion Jenson Button Sunday delivered a perfectly judged drive in treacherous wet conditions to win a dramatic Chinese Grand Prix ahead of his McLaren team-mate Lewis Hamilton.AFP; AP - 784 words
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410 2010-04-19 18 Reuters [HONG KONG] China’s Ping An, the world’s No 2 insurer by market value, reported its strongest profit in more than two years, beating market expectations, helped by a stock market rebound and accounting rule changes. However Ping An and its bigger rivalReuters - 410 words
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601 2010-04-19 18 EU opens probe into alleged subsidies to Chinese industry Bloomberg [MADRID] The European Union (EU) broadened the threat of trade protection against China by opening Europe’s first probe into alleged subsidies to Chinese industry, highlighting concerns that the yuan is undervalued. The EUBloomberg - 601 words
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622 2010-04-19 18 Rising prices to push central bank to act tomorrow: analysts AFP [MUMBAI] India’s central bank is set to hike interest rates this week for a second time in just under a month in an attempt to check near double-digit inflation, analysts say.AFP - 622 words
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468 2010-04-19 18 Reuters [MUMBAI] France’s Renault is bailing out of a loss-making joint venture with India’s Mahindra Mahindra after disappointing Logan sales, and is expected to focus on other projects in the potentially high-growth market. European carmakers are increasingly looking to the fast-growing Bric markets Brazil,Reuters - 468 words
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FOCUS: GOLDMAN SACHS SUIT
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Article, Illustration1470 2010-04-19 19 SEC’s lawsuit could unleash dozens of investor claims against Wall St titans that devised and sold toxic mortgage investments NYT Bloomberg [NEW YORK] FttOR Goldman Sachs, it was a relatively small transaction. But for the bank and the rest of Wall Street the stakesNYT; Bloomberg; AFP - 1,470 words
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Article, Illustration933 2010-04-19 19 NYT [NEW YORK] Three and a half years ago, a New York hedge fund manager with a bearish view on the housing market was pounding the pavement on Wall Street. Eager to increase his bets against sub-prime mortgages, the investor, John ANYT - 933 words
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Advertisement30 2010-04-19 19 What is equivalent to 10 professional soccer fields? Asia's LARGEST International >> Food Hospitality Trade Event FHABOia 20 23 April 2010 FHS?" Singapore Expo fLT iJ S^ roRS W-'r i»" www.foodnhotelasia.com30 words
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ASIA-PACIFIC/WORLD
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Article, Illustration700 2010-04-19 20 There is now talk of some soldiers who have come to support Red Shirts NEWS ANALYSIS AFP [BANGKOK] Two bungled operations against “Red Shirt” protesters in less than a week may point to a split in Thailand’s military that has stymied Prime MinisterAFP; REUTERS - 700 words
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Article, Illustration539 2010-04-19 20 Geithner: More jobs, but unemployment may remain high AP Bloomberg [WASHINGTON] Treasury Secretary Timothy Geithner says the United States economy is growing faster than the Obama administration expected. He told NBC’s Meet the Press yesterday that the country is on the way to sustained jobAP; Bloomberg - 539 words
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259 2010-04-19 20 Reuters [QUITO] Ecuador will move to take over the operations of foreign oil companies in the country unless they sign new contracts agreeing to increased state control over the sector, President Rafael Correa said on Saturday. The government wants foreign oil operatorsReuters - 259 words
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917 2010-04-19 20 ANDREW MARKS - But a couple of spectacular profit reports or bullish data will lift market blues, say analysts WALL STREET INSIGHT By ANDREW MARKS IT’S been nearly two months since the major US market indexes have registered a loss for a week’s trading, and with917 words
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581 2010-04-19 20 ANTHONY ROWLEY - ADB report in Aug to show segment size, consuming power By ANTHONY ROWLEY AS Asia’s recovery from the global recession appears to solidify and priority shifts from crisis management to exiting from monetary and fiscal stimulus, officials are focusing on how recovery581 words
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WORLD
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Article, Illustration654 2010-04-19 21 But he criticises top Republican for making ‘deceptive’ statements on bill Reuters [WASHINGTON] US President Barack Obama accused opposition Republicans on Saturday of spreading misinformation about a Democratic bill that aims to tighten oversight of Wall Street banks and their practices. With debateReuters - 654 words
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Article, Illustration736 2010-04-19 21 AFP [ZURICH] Shareholder meetings in Switzerland are usually rather uneventful and staid affairs: executives announce annual earnings and investors pass agenda items with overwhelming majorities. So when shareholders of the country’s banking icon UBS revolted, it came as something of a shock to theAFP; REUTERS - 736 words
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Article, Illustration749 2010-04-19 21 One survey even has it in top spot ahead of Labour and Tories AFP [LONDON] Britain’s Liberal Democrats, normally the country’s third-largest party, has soared so far up in the opinion polls that one even placed them on top yesterday, weeks ahead of theAFP; REUTERS - 749 words
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407 2010-04-19 21 NYT [NEW YORK] The commission that oversees futures markets approved on Friday a proposal by Veriana Networks to open a futures exchange, but expressed concerns about the company’s plans to trade contracts on that market tied to the box-office receipts of forthcomingNYT - 407 words
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Page 21 Advertisements
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Advertisement137 2010-04-19 21 ASIA'S LARGEST INTERNATIONAL FOOD HOSPITALITY TRADE EVENT Be at the most anticipated food hospitality trade event in Asia! 82,000sqm of exhibition space 2,600 exhibitors from 70 countries/regions 46 Group Pavilions Strong lineup of competitions, conferences and forums 20-23 April 2010 Singapore Expo fe With specialised events: FoodAsia HotelAsia Bakery&Pastry HospitalityStyleAsia137 words
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AVIATION/SHIPPING
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Article, Illustration789 2010-04-19 22 Consolidation may not help solve industry’s financial woes, some say NYT [NEW YORK] Ever since the airline industry was deregulated more than three decades ago, the top carriers in the US have operated under a basic premise: bigger is better.NYT; BLOOMBERG - 789 words
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450 2010-04-19 22 Bloomberg [LONDON] The Baltic Dry Index, a measure of shipping costs for commodities, climbed for a fourth day on speculation that mining company BHP Billiton Ltd booked a coal and iron-ore transporter. The index tracking transport costs on international trade routesBloomberg - 450 words
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Article278 2010-04-19 22 SGX '000 Apr 16 S$ +/-Vol CH Offshore 0.68 unch 1327 Chuan Hup Hldgs 0.30 unch 134 Cosco Corp 1.77 0.02 ***** CWT Ltd 1.04 unch 2286 Ezra Hldgs 2.37 0.02 4369 First Ship Lease 0.65 -0.01 876 Freight Links 0.05 unch 615 Grand Banks 0.47 unch 18278 words
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Article2835 2010-04-19 22 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 LH97602,835 words
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186 2010-04-19 22 AFP [SYDNEY] Australia yesterday said it would extend a satellite ship-tracking system to cover all of the massive Great Barrier Reef after a Chinese ship ran aground threatening an environmental catastrophe. Transport Minister Anthony Albanese said the system, currently in place for mostAFP - 186 words
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Page 22 Miscellaneous
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Miscellaneous288 2010-04-19 22 CRYPTIC CROSSWORD Across 1 Prescription issued with tablets? (11) 9 She’s a source of pride (7) 10 Accent embodies grand, posh language (6) 12 Start to crash and rattle about (7) 13 Following a Labour leader’s side (7) 14 Right lad getting lecherous (5) 15 Declaration from winner taking runs288 words
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DINING OUT
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Article, Illustration751 2010-04-19 23 Audrey Phoon - NEW RESTAURANT San-Sui Sumiyaki Tsuki Bar #01-05 One Fullerton One Fullerton Road Tel: 6423-1555 By Audrey Phoon IT'S tough to survive here if you're too chicken, particularly if you're speaking in culinary terms most local foodies love their seafood, beef, duck, pork et cetera with751 words
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Page 23 Advertisements
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Advertisement273 2010-04-19 23 http://www.omy.sg swin* http://showbiz.onny -sg' 2oio±»ttm V I gisijfi BBSTW® W vtfW l radi°913.c°' n W V V I I WINE DINE AND HOSPITALITY SALUTING ALL... ...Administrative Professionals. Reward and thank your capable assistants with gastronomic treats lined up from Orchard Road to the Marina Bay during the Administrative Professionals'Week, from273 words
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SINGAPORE STOCKS
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Article9372 2010-04-19 24 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 4.5 3148 8Telecom 17cd -0.5 2417 17.5 16.5 17 17.5 1.7 10.6 5.5 81.4 10 4.5 5834 A-Sonic 7.5 unch 648 8.59,372 words
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Article1917 2010-04-19 25 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 $mil 10 5 1181 t AA Grp 7 +2 243 7 5.5 5.5 6.5 38.9 6.7 25 12 8538 t APStrategic 22.5 +71,917 words
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Article117 2010-04-19 25 Stock name Close Change CapMallsAsia 2.250 -0.020 CapitaLand 4.100 -0.060 CapitaMall 1.860 +0.030 CityDev 11.220 -0.240 ComfortDelGro 1.590 +0.030 DBS Grp 15.480 -0.060 F&N 4.890 -0.070 Genting SP 0.900 -0.010 Golden Agri 0.595 -0.010 HK Land 5.090 -0.040 Stock name Close Change JMH 36.640 +0.860 JSH117 words
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Article2703 2010-04-19 25 Transaction date: Apr 16 For a full listing of the closing prices, log on to BT online at http://business-times.asia1.com.sg after 11.30pm every trading day HONG KONG Vol HK$ +/-'000 Aeon Credit 6.80 unch 0 Aeon Stores 12.80 -0.04 8 Angang Steel 14.20 -0.12 ***** Anhui Conch 51.90 -1.552,703 words
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Article186 2010-04-19 25 MAIN SDQ TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 8 10 1 0 0 0 8 10 1 Manufacturing 98 95 47 13 10 18 111 105 65 Commerce 34 31 19 7 5 8 41 36 27 Tpt/Stor/Comms 24 17 5186 words
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Article651 2010-04-19 25 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 $mil 112 107 6389 ABF SG Bond ETF 109.5 -2.5 17 109.5 109.5 109.5 112 499.8 876 527 CIMBAsean40 100US$ US876 +16 0 876 861651 words
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Article269 2010-04-19 25 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 $mil 56 26 6000 AVJennings A49 +2.5 236 49 47.5 47 54 3.6 7.1 3.9 127.6 31 9.5 6017 Genting HK US$ US20.5 -1.5 *****269 words
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Article123 2010-04-19 25 TURNOVER (‘000) VALUE (‘000) MAIN SDQ TOTAL MAIN SDQ TOTAL Multi Ind 130,178 130,178 348,740 348,740 Manufacturing 3,035,650 546,576 3,582,226 1,781,449 17,281 1,798,730 Commerce 945,637 127,984 1,073,621 770,501 32,552 803,053 Tpt/Stor/Comms 987,771 9,387 997,158 1,660,554 1,481 1,662,035 Finance 214,100 6 214,106 1,483,229 1 1,483,230 Construction 400,123 270,099123 words
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Page 25 Advertisements
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Advertisement26 2010-04-19 25 Insiders' trades. Brokers' recommendations. Dividend table. The pages also cover transactions by directors and substantial shareholders. In other words, news you can use. THE BUSINESS TIMES26 words
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FINANCE & COMMODITIES
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365 2010-04-19 26 In local curr In S$ In US$ dy yr dy yr dy yr Apr 16 Index Change Change Change Change Change Change World Index Preliminary 881.1 -1.3 5.8 -1.6 2.4 -1.5 4.7 EAFE Preliminary 822.6 -1.3 4.8 -1.6 -0.3 -1.4 2.0 Europe Preliminary 1170.8 -1.5365 words
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Article178 2010-04-19 26 Apr 16 Bid $S Offer Bid Overnight 1/16 par 1-month 3/8 1/8 2-months 1/2 1/4 3-months 5/8 3/8 Overnight mode: 0.03 US$ Offer Bid 7 days 0.28 0.24 1 month 0.35 0.25 2 months 0.38 0.28 3 months 0.40 0.30 6 months 0.52 0.42 9 months 0.90 0.70178 words
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Article24 2010-04-19 26 Apr 16 S$ Bid Offer 1-month 1.3736 1.3746 2-months 1.3736 1.3747 3-months 1.3736 1.3747 6-months 1.3736 1.3747 Source: OCBC Source: OCBC24 words
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Article176 2010-04-19 26 Apr 16 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) May 10 411.0 Jun 10 398.0 398.0 398.0 20 Jul 10 378.0 377.9 378.0 74 Aug 10 362.0 60 Sep 10 357.0 Oct 10 350.0 350.0 350.0 20 TSR176 words
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Article90 2010-04-19 26 Apr 16 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****X 15.07.2010 0.34 0.29 0.29 1-Year BY*****N 01.11.2010 0.35 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0A 2.625 01.04.2012 104.15 104.19 104.15 5-Year N*****0N 1.375 01.10.2014 101.1290 words
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Article105 2010-04-19 26 Apr 16 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low May 10 985.25 984.00 989.75 978.25 Jul 10 995.00 993.00 999.00 987.50 Aug 10 990.75 988.75 994.00 984.00 Sep 10 973.25 969.50 975.75 965.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low May 10 39.80 40.07 40.05105 words
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Article77 2010-04-19 26 CRUDE OIL PRODUCTS Apr 15 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 87.34 0.30 WTI (Near Mth) 85.47 -0.49 Dubai (1-Mth F) 84.38 0.74 Tapis blend 89.55 1.20 Minas 89.25 1.70 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 82.94 1.06 Jet Kerosene 95.60 0.80 US$/barrel Opec Oil77 words
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2673 2010-04-19 26 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Tel Last Vol Conv Exer Disc Gear-Mths Code Company Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 4.5 1 ***** 1 15 -13 5.00 49 4085 ASJ Hldgs W*****1 3.5 -0.5 521 1 4 7 2.00 22 2036 Advance SCT Ltd W*****9 0.52,673 words
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Article133 2010-04-19 26 Apr 16 As at 9am Apr Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2710 1.3100 Can dollar 1.3620 1.3790 Euro 1.8530 1.8750 NZ dollar 0.9710 0.9920 Sterling pound 2.1130 2.1380 US dollar 1.3690 1.3850 Local dollars to 100 units of133 words
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Article27 2010-04-19 26 Apr 16 Open High Sett STI Apr 2991 SIMSCI Apr 357.4 359.0 356.0 Taiwan Apr 290.5 291.6 287.7 Source: MF Global (S) Pte. Ltd27 words
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Article68 2010-04-19 26 Apr 16 Apr KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position May 10 2529 2540 2547 2528 1312 ***** Jun 10 2512 2528 2533 2512 3395 ***** Jul 10 2504 2518 2525 2504 4764 ***** Aug 10 250768 words
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Article371 2010-04-19 26 Aug 16 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Jun10 99.6450 0 2879 Sep10 99.5150 0 935 Dec10 99.2750 0 1436 Mar11 98.9400 0 1913 EUROYEN TIBOR FUTURES Jun10 99.6200 99.6200 99.6200 99.6200 40 4420 Sep10 99.6400 99.6400 99.6400 99.6400 16 3524 Dec10 99.6450 0 1353371 words
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Article466 2010-04-19 26 Apr 16 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.934 6.359 0.688 7.231 41.363 83.886 0.862 10.342 2.978 1.309 78.226 41.358 1.280 6.847 0.986 29.222 30.049 0.604 0.932 Canada 1.071 6.809466 words
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Article85 2010-04-19 26 Apr 16 (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$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths85 words
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Article139 2010-04-19 26 Apr 16 GOLD (US$/oz) Apr 16 Apr 15 Hong Kong 1156.10 1153.80 Apr 15 Apr 16 London 1159.30 1135.55 1160.10 1136.55 Source: Thomson Reuters CAST BAR Apr 16 (S$) Selling Buying Kilobar 55,090.02 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 123.05 51 5gm 349.89 257 10gm 625.95139 words
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Article71 2010-04-19 26 Apr 16 Apr 16 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2402.05 2439.85 3 months 2434.00 2472.00 Copper, Grade A (US$/tonne) Cash 7728.00 7913.50 3 months 7760.00 7945.00 Lead (US$/tonne) Cash 2237.00 2315.75 3 months 2261.00 2340.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne)71 words
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Article154 2010-04-19 26 Apr 16 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2794 1.2806 0.9315 0.9317 Canadian dollar 1.3701 1.3713 0.9975 0.9977 Euro 1.8607 1.8622 1.3547 1.3548 NZ dollar 0.9774 0.9784 0.7116 0.7118 Sterling pound 2.1183 2.1202 1.5423 1.5425154 words
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Article76 2010-04-19 26 Apr 16 COCOA (£/tonne) Close Prev High/Low May 10 2180 2125 2181/2130 Jul 10 2200 2145 2200/2150 Sep 10 2170 2116 2170/2123 Dec 10 2139 2091 2140/2099 COFFEE (US$/tonne) Close Prev High/Low May 10 1345 1348 1354/1340 Jul 10 1382 1386 1390/1378 Sep 10 1412 1417 1421/1407 SUGAR (US76 words
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Page 27 Advertisements
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Advertisement1486 2010-04-19 27 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 PACIFIC RICH1,486 words
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Advertisement1606 2010-04-19 27 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:1,606 words
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Page 28 Advertisements
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Advertisement1278 2010-04-19 28 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 IST1,278 words
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Advertisement918 2010-04-19 28 MALTA 28May Road EASTERN CAR LINER, LTD SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS INTRA-ASIA SERVICE VOY Ramp(KT) Lifting(KT) SIN PKL SEM JKT SUR BTU ADMIRE CORAL 29 60 25/04 27/04 29/04 SEPANG EXPRESS 2 50 01/05 02/05 04/05 LUNA AZUL 104 35 80 03/05 06/05 08/05 10/05 13/05918 words
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Advertisement831 2010-04-19 28 WEEKLY EXPRESS SAILING SCHEDULE WESTBOUND TO: COLOMBO, COCHIN, NHAVA SHEVA, JEBEL ALI ALSO ACCEPTING CONTAINERS TO ALL NORTHERN AND WESTERN INDIAN ICD POINTS VESSEL VOY SIN PKL (W PORT) CMB (JCT2) NSA (NSICT) SCI VIJAY 041W 15 APR 16 APR OMIT 24 APR SCI KOLKATA 010W 20 APR 21 APR831 words
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BizIT
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Article, Illustration531 2010-04-19 29 ONG BOON KIAT - Stellar results and key regional deals clinched last year buoy software firm By ONG BOON KIAT [SINGAPORE] The economic dark clouds have not dampened its sales and now, with a brightening business climate, business software maker Sybase is expecting business to pick up531 words
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Article, Illustration330 2010-04-19 29 AMIT ROY CHOUDHURY - By AMIT ROY CHOUDHURY [SINGAPORE] For technology savvy Singaporeans, the iPhone is the smart phone of choice. Several hundred thousand units have been sold here. It’s the same elsewhere the sleek Apple gadget is a must-have in many countries. And hackers have noticed. The iPhoneAP - 330 words
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400 2010-04-19 29 Reuters [TORONTO] Research in Motion Ltd says that it is far from certain that video will become the “killer app” that defines smartphones, but even so, the BlackBerry maker says that developing more efficient delivery is necessary to prevent video fromReuters - 400 words
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408 2010-04-19 29 Bloomberg [WASHINGTON] Apple Inc, maker of the iPhone and the iPad tablet computer, filed a patent-infringement complaint against Eastman Kodak Co, seeking to block imports of some digital cameras. Apple accused Kodak of violating two patents in the complaint filed lastBloomberg - 408 words
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659 2010-04-19 29 AFP [WASHINGTON] Most people view the iPad as a slick multi-media entertainment platform, but Gregg Vanderheiden, a university professor, sees other potential uses for Apple’s new touchscreen device. “Say you have somebody who’s had a stroke, for example, and theyAFP - 659 words
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351 2010-04-19 29 Study shows they give in more to peer pressure AFP [SAN FRANCISCO] US young adults care about their online privacy just as much as older Americans, but they tend to be more naive, a study released on Thursday found. Hot trends in online socialAFP - 351 words
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Article, Illustration802 2010-04-19 30 ONG BOON KIAT - Gartner’s preliminary shipment figures for Jan-March point to robust growth this year, reports ONG BOON KIAT ONG BOON KIAT IN the latest sign that local demand for personal computers is back on the growth path, Singapore’s PC market expanded 21 per cent in theFILE PHOTO - 802 words
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Article, Illustration453 2010-04-19 30 JASLENE PANG - By JASLENE PANG [SINGAPORE] Eight homegrown mobile applications on Nokia’s Ovi Store saw 290,000 downloads over six months, the Finnish mobile phone giant said last week. The applications were developed by staff and students of the Nanyang Polytechnic’s (NYP) School of453 words
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<what’s up>
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Article, Illustration92 2010-04-19 30 LOGITECH has unveiled the industry’s first wireless mouse and keyboard combo to feature a three-year battery life. The Logitech Wireless Desktop MK710 combo also includes the unique Logitech Unifying receiver. Besides being small enough to remain attached in the laptop when on the move,92 words
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Article64 2010-04-19 30 THIRTY-TWO ‘O’ level students were awarded scholarships last Friday under the Integrated Infocomm Scholarship (IIS) scheme by the Infocomm Development Authority (IDA), which saw a 30 per cent rise in the number of applicants this year. Into its second year, the IIS provides support to outstanding64 words
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106 2010-04-19 30 WATCHGUARD Technologies has launched the Quarantine Management Server (QMS), which protects against spam, phishing and malware-laden e-mail messages. It allows businesses to direct unwanted e-mail or exceptionally large messages to a local quarantine server for further processing, in an automated fashion. The WatchGuard QMS can106 words
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Article, Illustration125 2010-04-19 30 CREATIVE Technology has launched the ZiiSound D5, a one-piece Bluetooth wireless speaker system that is the flagship of the company’s new range of wireless speaker systems. It works with any compatible stereo Bluetooth device from mobile phones to laptop PCs, and comes with a transmitter that125 words
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84 2010-04-19 30 ONG BOON KIAT - Compiled by ONG BOON KIAT THE Singapore 2010 Odyssey a 3D virtual world based on the upcoming Singapore 2010 Youth Olympic Games (YOG) has been updated with new exciting games, features and content. The new games are based on badminton, volleyball, showjumping and other84 words
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371 2010-04-19 30 Bloomberg [NEW YORK] Oracle Corp, the world’s second-largest software maker, agreed to buy Phase Forward Inc for about US$685 million to add clinical-trial software and services that help drug companies develop products and ensure safety. Phase Forward shareholders will receive US$17 in cash,Bloomberg - 371 words
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273 2010-04-19 30 Reuters [LONDON] Business spending on IT is expected to make a tentative recovery in the next 12 months, after budgets were slashed a year ago in the global downturn, according to a UBS survey published last Friday. Chief information officers (CIOs) inReuters - 273 words
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Page 30 Advertisements
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Advertisement11 2010-04-19 30 STELLAR RESULTS Sybase eyes 20-30% S’pore growth this year Page 2911 words
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