The Business Times, 10 May 2010

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Microfilm: NL30668
Total Pages: 32
1 32 The Business Times
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  • Title Section
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    22 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 123/08/2009 Monday, May 10,2010
    22 words
  • Article
    Lock icon Jittery market sends most I POs below offer prices
    1002 1  -  Gloomy environment, increased volatility seen delaying new listings By LYNETTE KHOO [SINGAPORE] Expectations earlier of a sparkling year for initial public offerings (IPO) have all but been dashed, with recent market maulings knocking the wind out of new listings on the
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  • Article
    Lock icon MARKETS DIGEST
    157 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 2,821.11 -153.50 KL COMP 1,332.89 -13.49 NIKKEI 225 10,364.59 -692.81 HANG SENG 19,920.29 -1188.30 SET INDEX 768.55 +5.04 JAKARTA COMP 2,739.33 -231.92
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  • Article
    Lock icon Announcement expected today of Prudential deal with FSA
    600 1  -  £1 b backstop fund condition accepted, say reports, keeping Pru’s AIA bid alive By NISHA RAMCHANDANI [SINGAPORE] Prudential is expected to announce today a last-minute deal that it struck over the weekend with the UK’s Financial Services Authority (FSA) that will rescue
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      209 1 DINING OUT Simplified kaiseki at Tokyo prices PAGE 25 BizIT Business intelligence software looks good PAGE 32 EMERGING ENTERPRISE Edgilis aims to double size every year PAGE 10 VIEWS FROM THE TOP CEOs talk about spurring productivity PAGE 12 EU seeks ways to contain Greek crisis PAGE 4 Tokyo alarmed
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  • TOP STORIES
    • Article, Illustration
      Lock icon All eyes on EU’s actions to stem debt contagion
      1015 2  -  Analysts are split over whether a strong response will halt slide for long WALL STREET INSIGHT By ANDREW MARKS ON Wall Street, the adage goes that on trading days where Thursday is bad and Friday is bad, Monday is rarely good.
      AP  -  1,015 words
    • Article
      Lock icon SEC mulls new curbs to slow stock trading
      380 2 Stock-specific circuit breakers likely to stop meltdowns Reuters [NEW YORK] US securities regulators are considering new curbs to slow stock trades when markets are plunging following Thursday’s dramatic sell-off, two people familiar with the matter said. Securities and Exchange Commission (SEC) officials
      Reuters  -  380 words
    • Article, Illustration
      Lock icon Tories, Lib Dems hold fresh round of talks to end post-poll deadlock
      676 2 Opposition parties fight to overcome policy differences AFP [LONDON] Britain’s two main opposition parties dug in for post-election talks on forming a government yesterday, fighting to overcome policy differences and break a deadlock which has left the nation
      AFP  -  676 words
    • Article
      Lock icon THREE-MINUTE DIGEST
      505 2 Outlook for new listings dims EXPECTATIONS earlier of a sparkling year for initial public offerings have all but been dashed, with recent market maulings knocking the wind out of new listings on the Singapore Exchange. Many of this year’s IPOs have found themselves trading below their initial offer
      505 words
    • Article, Illustration
      Lock icon A stronger yuan won’t affect S’pore trade much
      746 4  -  But it could make properties here more affordable and attractive to Chinese By TEH SHI NING [SINGAPORE] Any revaluation of the yuan is unlikely to significantly affect Singapore’s imports and exports but could encourage capital inflows from China into local assets, economists
      BLOOMBERG  -  746 words
    • Article
      Lock icon The slippery slope of content legislation
      730 4  -  It’s tough since the factors in play are more global than local COMMENTARY By WINSTON CHAI SINGAPORE has finally scored the World Cup in the dying minutes of injury time. Cheers that greeted this hard-fought result, however, have been quickly drowned out by the
      730 words
    • Article, Illustration
      Lock icon EU ministers seek ways to contain Greek debt crisis
      615 4 UK says it can’t and won’t support an EU bailout fund Reuters AFP [BRUSSELS] European Union (EU) finance ministers called for strong action to ensure stability before they met yesterday to discuss ways of ring-fencing Greece’s debt crisis to stop it
      Reuters; AFP; AP  -  615 words
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      143 2 All-Touch™ Virtual Call Centre Hosted Call Centre, Hosted SMS, Hosted Fax, Hosted CRM, On-Demand. No need to buy, subscription basis. From $1,500 1 Answer Calls from office, home or anywhere with Internet 1 Low IDD call charges Backup and Redundancy Automatic Call Distribution with Voice Logger Hosted CRM optional Campaign
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      203 3 ORCHARD iSCOTTS Winner of the FIABCI Prix d'Excellence Award 2009 mi •f i i m >%■ A m* w I < The luxury of space. In the heart of Orchard. sS Space is a true expression of luxury. At Orchard Scotts, you will experience space in abundance for this award-winning
      203 words
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      530 4 MATS NOTICES CHINA ENERSAVE LIMITED (Incorporated in the Republic of Singapore) Company Registration Number *****6776D (the "Company") NOTICE TO WARRANTHOLDERS PROPOSED ADJUSTMENTS TO THE WARRANTS Share Consolidation The Board of Directors of China Enersave Limited (the "Company") refers to the SGXNET announcement by the Company on 2 March 2010 in
      530 words
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      97 4 CB QD M CLCo) QUO BRAND NEW > Binjai Park *****sqft/7000sqft Good Privacy* 25m Lap Pool > Renowned Designer Ask $17.8M PLOT A Binjai Park *****sqft/*****sqft Flat Squarish Land 46m Frontage Ask $28M PLOT B »Binjai Park *****sqft/7600sqft Quiet, Serene setting Charming Single Storey House Ask $32M FOR sflie BINJm
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  • COMPANY NEWS
    • Article
      Lock icon Sembcorp’s Cascal woes are of its own making
      863 5  -  HOCK LOCK SIEW By WONG WEI KONG SEMBCORP Industries’ troubled bid for water treatment firm Cascal NV is a good example of how not to do a deal. While the outcome remains to be seen, it’s clear that Sembcorp could have avoided
      863 words
    • Article
      Lock icon PPL situation may end up in the courts
      689 5  -  Legal battle looms as watchers puzzle over Yangzijiang’s methods and objectives CORPORATE FOCUS By JOYCE HOOI THE long arm of the law may soon be exercised as Sembcorp Marine moves to block the Yangzijiang Shipbuilding (YZJ) consortium’s acquisition of PPL Holdings. As
      689 words
    • Article
      Lock icon OUE aims to boost hotel management business
      486 7  -  It wants to expand China portfolio to 15 hotels in next 5 years from 3 now By NISHA RAMCHANDANI MERITUS Hotels Resorts (MHR), the hospitality division of main-board listed Overseas Union Enterprise Limited, is looking to boost its hotel management segment by aggressively
      486 words
    • Article
      Lock icon COMPANY MEETINGS
      275 7 COMPANY MEETING PLACE DATE TIME Lung Kee A Gloucester Room, 2nd Floor, Mandarin Oriental Hotel, 5 Connaught Road Central, Hong Kong 10-May 3.00pm China Hu An Cable A E 168 Robinson Road, Capital Tower, FTSE Room, 9th Floor, 2.00pm Singapore *****2 11-May 2.30pm Cathay Pacific A Pacific Place
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    • Article
      Lock icon Trading with OCBC Sec iPhone app
      271 7 OCBC Securities Private Limited (OSPL) is releasing a free iPhone application today, iOCBC TradeMobile, that will allow customers to trade on the go using their iPhones. Besides the Singapore Exchange, traders will also have access to 13 foreign securities exchanges including Bursa Malaysia, the
      271 words
    • Article
      Lock icon CAO trebles Q1 net to US$12.9m
      328 7  -  By NISHA RAMCHANDANI CHINA Aviation Oil (Singapore) Corporation (CAO) saw net profit more than treble year-on-year to US$12.87 million for the first quarter ended March 31, thanks to positive contributions from its principal associated company Shanghai Pudong International Airport Aviation Fuel Supply Co. Revenue
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    • Article
      Lock icon PRIME LENDING RATES
      403 7 May 7 BANKS Agricultural Bank Of China 5.5 ANZ Banking Group 6 Arab Bank PLC 5.5 Banco Bilbao Vizcaya Argentaria, S.A. 6 Bangkok Bank 6 Bank Julius Baer Co. Ltd(S) 5 Bank of America NA 5 Bank of China Limited 5.5 Bank of Communications 5.5 Bank of
      403 words
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      172 5 Accounting Accounting backlogs Messy Accounts Migration of accounting systems Reconciliation problems in P&L, fixed assets, stocks The Accounting SWAT team offers expert help and fast turnaround to 285S* CoflVP Call 6-222 6868 now for the Accounting Specialists IMPORT FROM CHINA WITH DHL SO YOU DON'T HIT ANY GREAT WALLS. With
      172 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon STI likely to experience significant volatility
      629 6  -  For now, the market is caught between hard data showing a robust global recovery, and skittish sentiment. STOCKS VEN SREENIVASAN Senior Correspondent IS this the end, or is this the beginning of the end? Are markets teetering on the brink of giving up most
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    • Article
      Lock icon Gold, for now, stands firm despite US$ gains
      496 6  -  Yellow metal benefits from investors seeking refuge in safe-haven purchases COMMODITY WATCH By CHEW XIANG FOR commodities such as gold and crude oil that are priced in US dollars, the natural consequence of a stronger US dollar is lower commodity prices. So
      496 words
    • Article
      Lock icon Asian units dive on Europe’s woes
      447 6 CURRENCIES Bloomberg [HONG KONG] Asian currencies tumbled last week, with South Korea’s won and the Philippine peso posting their biggest losses in more than a year, as Europe’s debt crisis drove investors from riskier assets. The MSCI Asia-Pacific Index of regional shares had its
      Bloomberg  -  447 words
    • Article
      Lock icon BROKERS’ RECOMMENDATIONS
      1293 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 2.00 2.00 11 11.71 9.57 1.44 1.12 ARA Asset Management 1.67 1.67 3 7.13 12.63 1.15 0.90 Armstrong Industrial Corp 1.00 1.00 2 4.25 8.24
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    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 6 WEEKLY
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    • Article
      Lock icon OTHER SINGAPORE INDICES
      63 6 May 7 VALUE CLOSE BT OB/OS -1597.00-367.00 BT CADI -*****.00-340.00 BT 10-day MA -*****.00-159.00 FTSE ST Mid Cap 678.64 -13.22 FTSE ST Small Cap 535.99 -14.34 FTSE ST All Share 695.84 -6.83 FTSE ST China Top 273.63 -5.21 FTSE ST China 295.03 -3.24 FTSE ST Catalist 1197.15
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    • Article
      Lock icon MOST ACTIVE STOCKS
      58 6 VOLUME Genting SP 543,096,000 Golden Agri 493,116,000 Yangzijiang 285,293,000 GMG Global 255,905,000 Cosco Corp 223,606,000 UniFiber 189,269,000 Transcu Grp 172,338,000 CapitaLand 133,753,000 Baker Tech 128,532,000 NOL 120,210,000 VALUE($) Yanlord 801,477,390 DBS Grp 613,030,236 UOB 509,096,281 Genting SP 505,477,934 CapitaLand 487,277,580 OCBC Bk 411,548,002 Yangzijiang 374,015,120 Keppel Corp
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    • Article
      Lock icon RISES
      115 6 BY CENTS CLOSE UP DBXT S&P Short 10US$ 5250 469.7 6.8 GLD 10US$ ***** 325.7 2.0 DBXT DJSTGLDv 10US$ 2815 96.5 2.5 Thai Prime Fd 560 79.7 11.3 STI 3000BNPePW*****9 50.5 17.5 53.0 STI 2950SGAePW*****7 27.5 17.0 161.9 CapitalaBNPePW*****1 23 15.5 206.7 STI 2850BNPePW*****7 20.5 14.5 241.7 STI 2850
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    • Article
      Lock icon FALLS
      123 6 BY CENTS CLOSE DOWN DBXT Nifty 10US$ ***** -1245.0 -7.5 DBXT DJE50 10US$ 3371 -1210.0 -20.4 DBXT MSEurope 10US$ 3860-719.9 -11.8 DBXT MSKorea 10US$ 4650-475.3 -6.8 Lyxor MS India 10US$ 1550-240.4 -10.0 JMH 3538-201.3 -3.9 DBXT MSAsExJp 10US$ 2772-199.9 -4.9 DBXT MSINDO 10us$ 1102-185.9 -10.8 Jardine C&C 2868-180.0 -5.9
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    • Article
      Lock icon CURRENCIES Where S$ stands
      87 6 May 7 CHNG YR 2010 CLOSE FR May 6 S$ LOW S$ HIGH US$ 1.3992 -0.61 1.4219 1.3680 Euro 1.7827 -0.19 2.0153 1.7794 Pounds 2.0293 3.29 2.2831 2.0293@ A$ 1.2422 1.51 1.2960 1.2276 Yen* 1.5189 -2.35 1.5927 1.4467 Rupiah* 0.***** -0.72 0.***** 0.***** Baht* 4.3265 -0.67
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    • Article, Illustration
      Lock icon Highest dividend yield portfolio leading in 2010
      1493 8  -  TEH HOOI LING Senior Correspondent SELL in May and go away. But this year, it seems that selling in May is too late. The selling should have been in April. The first week of May has been atrocious for investors who have painstakingly
      1,493 words
    • Article
      Lock icon Directors’ purchases, firms’ buybacks rise despite market turmoil
      1677 8  -  INSIDE MARKETS By ROBERT HALILI The writer is managing director, Asia Insider Ltd THE turmoil in the global markets seems to have had no effect so far on director sentiment in Singapore as buying rose while selling remained flat last week based
      1,677 words
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      94 6 Phillip Futures Bringing Global Markets Closer to You www.phillipfutures.com.sg 6538 0500 Brought to you by PhiISp Futures Pte Ltd (A member of PhillipCapital) Phillip Futures Bringing Global Markets closeijto you 8 <' m CO, Reg. No: *****5695G The above information does riot constitute an investment advice, an offer/solicitation to buy/sell
      94 words
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      321 7 I am a parent looking to save on remittances for my child's education N Mg Rf sending mo X DBS foreign exchange rates leave more in your wallet when you send money overseas. As a loving parent, sending your children abroad for further studies is always cause for anxiety. Fortunately,
      321 words
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      374 9 w m.'—m M m OLA Lid 13 I HI I? MIxo V K/t A> &8 jNS) Ggorgv Yo Dr. Rotxir* Yap •—»MO.ra.&wi fs chain coram JJ ere KM Our sincere thanks and appreciation to all valued customers and partners of YCH for gracing our milestone event in India. "YCH is
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  • SINGAPORE NEWS
    • Article
      Lock icon Hiring in China turning costly: Hay Group
      600 10  -  High pay dispersion, steep progression in promotion pay may raise staff turnover By TEH SHI NING SINGAPORE companies in China increasingly hire locals as managers, but keeping these local talent could be more costly and difficult in coming months. A recent Hay Group
      600 words
    • Article, Illustration
      Lock icon Nurturing an Edge
      924 10  -  Consulting firm Edgilis aims to double in size every year for the next 5 years, reports TIMOTHY SEOW TIMOTHY SEOW JULIEN Sylvain Arnaud may hail from France, but “Edgilis” the name of his consulting firm is not quite a French word. Nor is it English. “The name
      YEN MENG JIIN  -  924 words
    • Article
      Lock icon Marina at Keppel Bay wins top Asian award
      357 10  -  By VINCENT WEE SINGAPORE is starting to make its way up in the Asian leisure marine world, with Marina at Keppel Bay winning the Best Asian Marina Award at the prestigious Sixth Asia Boating Awards in Hong Kong last Saturday night. The
      357 words
    • Article
      Lock icon DIVIDENDS ANNOUNCED
      2250 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-May
      2,250 words
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      58 10 This is the 11th of a series of features on the 15 finalists of the Emerging Enterprise 2010 Awards. Jointly presented by The Business Times and OCBC Bank, the EE 2010 recognises young SMEs with annual sales of less than $10 million. It is supported by RSM Chio Lim, Spring
      58 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Lock icon Page 10 Miscellaneous Column 1
      45 10 ii'ji'J Jackpot for this week Tickets for two draws available till 6pm today Drawtoday Man, 10 May $3 Million TvZ, $5 Million" Anniversary Draw P LAY© Always play with care. Towards Community [responsibly] Do not bet illegally. Purpose and Benefit RCB Reg No: *****0202G SINGAPORE
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      220 11 Big decisions follow you around. may add value to the business by listing, but will we lose control? t m v' m m Ni m. *'V h m i*I 1 a v, m u M KG A K I 5, 1 i Wv m I vt i V' V K
      220 words
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  • VIEWS FROM THE TOP
    • Article, Illustration
      Lock icon Spurring productivity
      2779 12 THIS WEEK’S TOPIC: What impact will the increase in employers’ CPF contributions have on your organisation, and on businesses in Singapore? How can the Budget’s proposed productivity grants and measures, and any other measures, help increase productivity in your organisation? Yen Yen Tan Vice-President and Managing Director HP
      BLOOMBERG  -  2,779 words
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      39 12 FOR EN BLOC SALE Premium Office Tower petaling jaya, malaysia Prime location, near IKEA Naming rights 19-storey 159,000 sq ft Stand alone 1 acre land Site works commenced tel: +603-7728 0300 fax: +603-7727 2800 www.pjtradecentre.com/point92 TUJUAN GEMILANC SDN. BHD.
      39 words
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      309 13 OCBC PREMIER BANKING ISN'T IT TIME YOU ENJOYED BONUS INTEREST ON YOUR SAVINGS? 3^1 1 f THE ASIAN BANKER EXCELLENCE IN RETAIL FINANCIAL SERVICES I i A W A R D S riooM^ion J Earn interest of up to V/o p.a. when you deposit with us. Enjoy an attractive bonus
      309 words
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      11 13 For the complete list of views from CEOs, go to http://businesstimes.com.sg
      11 words
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  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • Article, Illustration
      Lock icon Turning a bright idea into money
      1600 14  -  Wong Hoong An, one of the founders of popular food website HungryGoWhere.com, shares his hard-earned insights with would-be entrepreneurs Wong Hoong An ENTREPRENEURSHIP stories are like fairytales. Rags-to-rich-es stories of college dropouts turned successful multimillionaires provide many an overworked and underappreciated employee with the
      1,600 words
    • Article, Illustration
      Lock icon Getting an early start in business
      897 14  -  More and more students are setting up businesses while still at school. GLENN CHEE reports CAMPUS LIFE GLENN CHEE ANYONE who claims that youth is wasted on the young has clearly not met any of Singapore’s student entrepreneurs. A growing number of students from
      897 words
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      249 14 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 have
      249 words
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      2008 15 A SPECIAL SERIES BROUGHT TO YOU BY SHAREINVESTOR Investor's Guide To Trading Exchange Traded Funds A Quick Primer IF you believe that markets are efficient and that fund managers, no matter how skilful they are, might only be able to outperform occasionally but not consistently then investing in exchange traded
      2,008 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon Tokyo alarmed by yen rise
      598 16  -  It threatens efforts to overcome deflation, maintain export-led economic recovery By ANTHONY ROWLEY MARKETS are bracing for more currency market turmoil this week, with the possibility of Japanese authorities joining intervention in foreign exchange markets in order to stem the dramatic rise in the yen,
      BLOOMBERG FILE PHOTO  -  598 words
    • Article
      Lock icon Spain hobbles out of recession
      492 16 AP [MADRID] Spain’s economy took a tentative step out of recession by growing in the first three months of 2010 after six quarters of contraction, the Bank of Spain said on Friday. Gross domestic product rose by 0.1 per cent from January to March, the
      AP  -  492 words
    • Article
      Lock icon BOE seen maintaining 0.5% rate
      570 16 Bank likely cautious over global turmoil, political uncertainty AFP [LONDON] The Bank of England (BOE) will announce its latest interest rate call and economic forecasts this week against a backdrop of domestic political uncertainty and global financial market turmoil. The British central bank’s monetary policy
      AFP  -  570 words
    • Article, Illustration
      Lock icon Aussie budget deficit lower, says Treasurer Swan
      339 16 Bloomberg [CANBERRA] Australian Treasurer Wayne Swan said the deficit in the May 11 budget will be less than forecast last year, with a “stronger” outlook and 2 per cent cap on government spending. The budget will have a “stronger” outlook, yet revenue will
      Bloomberg  -  339 words
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      441 16 FREE CFD SEMINARS! Experience a New World of Investment Opportunities in Trading FX, Index and Commodity CFDs This seminar will provide you with critical market information including technical analysis and trading strategies so that you may best capitalize on the available opportunities from trading FX, Commodity Index CFDs with MF
      441 words
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  • MALAYSIA
    • Article, Illustration
      Lock icon Long way to go in reinventing Umno
      760 17  -  Party doesn’t understand its customers’ changing needs MALAYSIA INSIGHT PAULINE NG KL Correspondent THE United Malays National Organisation (Umno) turns 64 tomorrow. Depending on one’s perspective, Malaysia’s biggest political party has much to celebrate or not. A by-election victory in the parliamentary seat
      760 words
    • Article
      Lock icon BURSA MALAYSIA
      2056 17 VOL May 7 RM +/-(‘000) A M Realty 0.62 -0.01 998 Abric Bhd 0.17 unch 1 Advance Synerg 0.15 unch 429 Adventa Bhd 3.11 -0.03 1509 Ae Multi Hldgs 0.57 unch 3686 Affin Holdings 2.95 -0.07 2118 Ahmad Zaki Res 0.84 -0.03 247 Aic Corp 0.77 -0.01 77
      2,056 words
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      72 17 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. It's part of our commitment to reduce C0 2 aircraft emissions by 20% by 2020* And find faster, greener ways to deliver your
      72 words
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      1616 18 ■I'S jfc. jg. HANG SENG BANK Managing wealth for gou, with gou. (Incorporated in Hong Kong SAR with limited liability) Publication pursuant to Section 25(2) of the Banking Act CONSOLIDATED INCOME STATEMENT Figures in HK$m Interest income Interest expense Net interest income Fee income Fee expense Net fee income Trading
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      1208 18 [•SATS NOTICES I, Abigail Slater, of Blk, 5 Siglap Road, 13-37 Mandarin Gardens, Singapore *****8 intends to marry Guillaume Chaillot (of same address), at Vandoeuvres, 1253 Switzerland on 31st August. Any person knowing of any lawful impediment to the marriage should without delay notify the Consular Section, British High Commission
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  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon Greek debt crisis hits Hong Kong IPO market
      653 19 From Giti Tire to Swire Properties, firms are shelving share sale plans AFP [HONG KONG] Hong Kong’s IPO market the biggest in the world last year has hit the brakes with several companies shelving share sales as the Greek debt crisis pounds
      AFP  -  653 words
    • Article
      Lock icon Mukesh Ambani says he will redraw gas deal with Anil’s firm
      354 19 AFP [NEW DELHI] Indian tycoon Mukesh Ambani will abide by a court ruling ordering him to renegotiate a deal sharing the family’s gas wealth, his firm said on Saturday after his legal victory against his brother Anil. In a
      AFP  -  354 words
    • Article
      Lock icon Agricultural Bank of China IPO still on
      373 19 But Shanghai trading board likely delayed due to market jitters Reuters [BEIJING] Agricultural Bank of China (AgBank), aiming for the world’s lar-gest-ever initial public offering, will press ahead with its plans despite weak market sentiment, one of its underwriters said on Saturday. Market
      Reuters  -  373 words
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      157 19 For the outstanding who made the moves and built the ties. The Inaugural Business China Awards l!ll| :ii~ DOCK MX' I .*§£81 IP-SPS wwnss BusinessChinaAwards 2010 The Business China Awards aim to honour outstanding businessmen, entrepreneurs, professionals and organisations for their successes and contributions to Singapore-China relationships and the appreciation
      157 words
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  • ASIA-PACIFIC
    • Article, Illustration
      Lock icon Aquino holds lead in presidential race
      660 20 Officials rush to fix technical glitch in voting machines for today’s elections Reuters [MANILA] Automated voting machines were being tested and sealed across the Philippines yesterday ahead of today’s elections as officials rushed to fix a technical problem, with some violence-prone areas placed under
      Reuters; AFP  -  660 words
    • Article
      Lock icon Thai PM demands quick end to protests
      394 20 AFP [BANGKOK] Thailand’s premier called yesterday for a swift end to mass anti-gov-ernment protests after two more people were killed, saying he had a back-up plan to solve the crisis if demonstrators refused to disperse. Prime Minister Abhisit Vejjajiva demanded the opposition “Red
      AFP  -  394 words
    • Article
      Lock icon Toyota set to post US$1.1b profit: report
      497 20 AFP [TOKYO] Japan’s embattled auto giant Toyota will likely post an operating profit of around US$1 billion for the year to March despite worldwide safety recalls, a local newspaper reported here yesterday. Toyota, which is to release its annual results tomorrow, may report
      AFP  -  497 words
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      1032 20 MATS Toll free: 1800-289-8822 Email: notices@sph.com.sg NOTICES INTES4 mn SNNIMOLO Registered Office: Piazza San Carlo, 156,***** Turin. Secondary Registered Office: Via Monte di Pieta, 8,***** Milano. Intesa Sanpaolo S.p.A. Singapore Branch: 6Temasek Boulevard #42-04/05, SuntecTower Four, Singapore *****6 Consolidated Balance Sheet As of 31 December 2009 Supervisory Board, Management Board,
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  • WORLD
    • Article
      Lock icon Focus turns to Europe banks’ exposure, risk
      592 21 Clarity lacking over extent of exposure to countries with debt problems NYT [FRANKFURT] Analysts and investors have begun to focus on the risks to European banks if severe budget cuts by debt-ridden countries freeze credit markets and cause a double-dip recession. While direct
      NYT  -  592 words
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      Lock icon Dow’s plunge could help Senate bill
      679 21 Such meltdowns could also threaten the fragile recovery FINANCIAL REFORM AP [WASHINGTON] The stom-ach-churning fear about Wall Street’s turbulence is roaring back. Europe’s spreading debt crisis, fraud charges against Goldman Sachs and a 1,000-point nosedive in the Dow Jones Industrials Average are turning up
      AP; BLOOMBERG  -  679 words
    • Article, Illustration
      Lock icon Webber wins in flawless drive
      747 21 SPANISH GRAND PRIX AP [BARCELONA] Mark Webber secured a comfortable wire-to-wire victory at the Spanish Grand Prix yesterday, while Ferrari’s Fernando Alonso and Sebastian Vettel filled out the podium after Lewis Hamilton crashed with one lap remaining. Webber made it 10 straight winners from pole
      AP; AFP  -  747 words
    • Article
      Lock icon Include Fannie, Freddie in bill: Shelby
      340 21 AP [WASHINGTON] The Senate’s top Banking Committee Republican says a pending overhaul of US financial regulations is flawed because it does not impose controls on giant govern-ment-sponsored mortgage finance companies. Senator Richard Shelby singled out the two largest firms, Fannie Mae and Freddie Mac,
      AP  -  340 words
    • Article, Illustration
      Lock icon BP seeks solution after US Gulf spill plan glitch
      759 21 Reuters [ROBERT, Lousiana] BP plc engineers were searching for a solution yesterday after suffering a setback in an attempt to contain oil gushing into the Gulf of Mexico with a huge metal dome, dashing hopes for a quick, temporary solution to
      Reuters  -  759 words
    • Article, Illustration
      Lock icon Goldman vows review of all its business practices
      539 22 At annual meeting, CEO faces queries on suit, compensation, board appointments Reuters [NEW YORK] Goldman Sachs Group Inc held its longest-ever annual investor meeting on Friday, but chief executive Lloyd Blank fein faced few questions about civil fraud charges against the company.
      Reuters; REUTERS  -  539 words
    • Article
      Lock icon SWFs’ risks heightened but ’situation resolvable’
      537 22 Reuters [SYDNEY] Sovereign risks have risen due to the turmoil in the eurozone, but the woes Greece faces are not the same as in other European nations and the situation can be resolved, the chair of a meeting of sovereign wealth funds (SWFs) said.
      Reuters  -  537 words
    • Article
      Lock icon EU report warns of a marginalised Europe
      341 22 AFP [BRUSSELS] A million-euro report on Europe’s future, commissioned by European Union (EU) leaders, warned on Saturday of “marginalisation” compared to Asian economic and political giants, in the absence of major reform. Without that, the EU and its member states “could be plunged
      AFP  -  341 words
    • Article, Illustration
      Lock icon Harrods purchase another jewel in Qatar’s crown
      420 22 Reuters [LONDON] The purchase of Harrods Ltd by Qatar Holding LLC adds London’s best-known luxury store to the emirate’s British investments ranging from the Canary Wharf banking district to the London Stock Exchange. The sovereign wealth fund (SWF) paid Mohamed Al-Fayed, owner of
      Reuters; REUTERS  -  420 words
    • Article
      Lock icon Money can’t buy you happiness: Bernanke
      346 22 AP [WASHINGTON] Your parents were right: money can’t buy you happiness. That was the message from the Federal Reserve chairman Ben Bernanke last Saturday to graduates of the University of South Carolina. “We all know that getting a better-paying job is one of the
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  • FOCUS: AGRICULTURE
    • Article, Illustration
      Lock icon Wall St ploughs funds into farmland worldwide
      1879 23 Investors emerging from bruising economic downturn sparked by collapse of esoteric financial products turn to farmland and crops as solid inflation hedge with potential for long-term returns Reuters [BOSTON] Many firms in Boston’s financial district invest in things you can’t touch: currency futures,
      Reuters; BLOOMBERG  -  1,879 words
    • Article
      Lock icon As El Nino fades, S America could face dry spell of La Nina
      579 23 Reuters [LIMA] With effects of the warming El Nino weather pattern fading, crops in South America, one of the world’s top grain growing areas, could instead be hurt in coming months by La Nina, a phenomenon that
      Reuters  -  579 words
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  • SHIPPING/AVIATION
    • Article, Illustration
      Lock icon BA facing threat of further strikes
      491 24 Cabin crew rejects offer to resolve dispute over pay, working conditions AP [LONDON] British Airways plc is facing the threat of new strikes after cabin crew last Friday rejected an offer from the airline that would have resolved a bitter dispute over pay and
      AP; AFP  -  491 words
    • Article
      Lock icon Volcanic ash disrupting flights again
      409 24 AP [BRUSSELS] The Icelandic volcano with the unpronounceable name reminded the world again that it has the power to disrupt international travel coughing out a spreading cloud of ash that delayed or cancelled hundreds of flights between Europe and North America. The prospects for yesterday’s
      AP  -  409 words
    • Article
      Lock icon Baghdad airport tries to shed its ‘dangerous’ reputation
      489 24 AFP [BAGHDAD] Waving his hands wildly in the air, Abdel al-Khafaji explains that it should not take four hours of security hold-ups to reach Baghdad airport’s check-in queue and yet further delays. “It is really bad,” says the 70-year-old Iraqi exile, trying
      AFP  -  489 words
    • Article
      Lock icon Somali pirates hijack chemical tanker
      418 24 EU naval force says little chance to storm 22-crew ship AP [NAIROBI, Kenya] Somali pirates armed with roc-ket-propelled grenades and automatic guns hijacked a chemical tanker off East Africa with 22 crew members on board, the European Union Naval force said last Saturday. Spokesman John
      AP  -  418 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2857 24 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
      2,857 words
  • Page 24 Miscellaneous
    • Miscellaneous
      Lock icon Page 24 Miscellaneous Column 1
      377 24 CRYPTIC CROSSWORD Across 1 Try a dip for recreation in short outing (3,4) 5 Short hem catching a bit of yarn like an old garment? (7) 9 City with little change in cost it’s naturally seen as steep? (9) 10 Recall an extended period in stadium (5) 11 Son not
      377 words
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  • DINING OUT
    • Article, Illustration
      Lock icon Simplified kaiseki at Tokyo prices
      948 25  -  NEW RESTAURANT Kunio Tokuoka 26 Sentosa Gateway #01-139 Crockfords Tower Lobby Level Tel: 6686 3633 By Jaime Ee THE last thing you want to do when you step into Kunio Tokuoka is to ask them whether they have any special bento sets for lunch. This
      948 words
  • Page 25 Advertisements
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      30 25 BEATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg HOT IPO Attract more interest from investors. Place your IPO notice in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. MATS NOTICES
      30 words
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      Lock icon Page 25 Advertisements Column 2
      963 25 DEBAO PROPERTY DEVELOPMENT LTD. (Incorporated in Singapore on 16 August 2007) (Company Registration Number: *****5053Z) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Annual General Meeting of Debao Property Development Ltd. (the "Company") will be held at Suntec City, 1 Raffles Boulevard, Meeting Room 206, Level 2
      963 words
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      Lock icon Page 25 Advertisements Column 3
      509 25 AKON REFINERY CO LTD UNDER THE AUTHORITY OF THE GOVERNMENT OF SOUTH SUDAN CGoSS) INVITATION TO BID FOR INTERNATIONAL INVESTORS Under the authority of the Government of South Sudan (GoSS), and the direct involvement of the Ministry of Energy Mining (MEM) GoSS (Juba), the "Akon Refinery Company Ltd." (ARC), a
      509 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      9272 26 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 5.5 3148 8Telecom 16.5cd -1.5 3504 17.5 16.5 16 17 1.7 11 5.3 79 10 5.5 5834 A-Sonic 6.5 -1 536 7
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    • Article
      Lock icon SGX CATALIST
      1847 27 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 $mil 10 5 1181 t AA Grp 6.5 -0.5 26 6.5 6.5 6 7 36.1 6.3 25 12 8538 t APStrategic 18.5 -2
      1,847 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      117 27 Stock name Close Change Stock name Close Change Stock name Close Change CapMallsAsia 1.970 -0.030 CapitaLand 3.630 +0.030 CapitaMall 1.900 -0.020 CityDev 10.460 +0.100 ComfortDelGro 1.450 -0.010 DBS Grp 14.360 -0.300 F&N 4.650 +0.100 Genting SP 0.945 -0.005 Golden Agri 0.535 -0.015 HK Land 5.000 -0.020
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    • Article
      Lock icon STOCKS ASIA
      2696 27 Transaction date: May 7 For a full listing of the closing prices, log on to BT online at http://business-times.asia1.com.sg after 11.30pm every trading day HONG KONG Vol HK$ +/-'000 Aeon Credit 6.48 -0.12 6 Aeon Stores 11.60 0.40 20 Angang Steel 11.06 -0.22 ***** Anhui Conch 22.30 -0.10
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    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 27 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 0 18 0 0 0 0 0 18 0 Manufacturing 13 194 31 4 25 13 17 219 44 Commerce 7 57 14 1 11 5 8 68 19 Tpt/Stor/Comms 1 40 3
      186 words
    • Article
      Lock icon SGX ETF
      740 27 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 $mil 112 107 6389 ABF SG Bond ETF 111 +1 40 111 109.6 109 112 506.7 883 589 CIMBAsean40 100US$ US828 -33 224 860 821
      740 words
    • Article
      Lock icon CLOB INTERNATIONAL
      265 27 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 $mil 56 26 6000 AVJennings A44 -2.5 16 47 44 39 49 3.6 8 3.5 114.6 31 11.5 6017 Genting HK US$ US19.5 -0.5 6743
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      121 27 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 137,503 137,503 540,536 540,536 Manufacturing 2,269,435 306,877 2,576,312 1,622,664 14,714 1,637,378 Commerce 624,219 68,819 693,038 842,316 14,110 856,426 Tpt/Stor/Comms 865,783 10,992 876,775 1,454,702 1,292 1,455,994 Finance 209,226 10 209,236 1,841,914 1 1,841,915 Construction 400,678 113,687
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      26 27 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
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      365 28 In local curr In S$ In US$ dy yr dy yr dy yr May 7 Index Change Change Change Change Change Change World Index Preliminary 809.9 -1.8 -2.7 -1.8 -6.0 -1.9 -5.5 EAFE Preliminary 737.2 -2.9 -6.1 -3.0 -12.4 -3.1 -12.0 Europe Preliminary 1029.5 -3.3
      365 words
    • Article
      Lock icon SICOM FUTURES
      149 28 May 7 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Jun 10 340.0 330.0 340.0 34 Jul 10 310.0 20 Aug 10 297.0 Sep 10 293.0 284.0 284.0 42 Oct 10 282.0 282.0 282.0 20 Nov 10 282.0 Dec
      149 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      90 28 May 7 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****V 05.08.2010 0.31 1-Year BY*****W 03.05.2011 0.40 0.40 0.30 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0A 2.625 01.04.2012 104.05 104.17 104.08 5-Year N*****0N 1.375 01.10.2014 101.37
      90 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      132 28 May 7 As at 9am Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2340 1.2710 Can dollar 1.3350 1.3500 Euro 1.7670 1.7860 NZ dollar 0.9930 1.0140 Sterling pound 2.0860 2.1090 US dollar 1.4020 1.4180 Local dollars to 100 units of foreign
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    • Article
      Lock icon INTERBANK RATES
      177 28 May 7 $S Offer Bid Overnight 0.08 0.03 1-month 3/8 1/8 2-months 7/16 3/16 3-months 9/16 5/16 Overnight mode: 3/16 US$ Offer Bid 7 days 0.41 0.31 1 month 0.50 0.32 2 months 0.50 0.35 3 months 0.57 0.37 6 months 0.70 0.50 9 months 1.00 0.80 12
      177 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      2495 28 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 3.5 -1 1027 1 15 5.29 48 4085 ASJ Hldgs W*****1 4 -0.5 1130 1 4 7 1.88 21 2036 Advance SCT Ltd W*****9 0.5 1
      2,495 words
    • Article
      Lock icon PALM OIL
      66 28 May 7 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position May 10 2552 2558 2557 2552 40 1766 Jun 10 2502 2534 2542 2499 804 8597 Jul 10 2490 2519 2526 2484 9974 ***** Aug 10 2485 2514
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    • Article
      Lock icon US$/S$ FORWARD RATES
      22 28 May 7 S$ Bid Offer 1-month 1.3980 1.3992 2-months 1.3980 1.3992 3-months 1.3980 1.3993 6-months 1.3981 1.3993 Source: OCBC
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    • Article
      Lock icon STOCK INDEX FUTURES
      27 28 May 7 Open High Sett STI May 2815 SIMSCI May 335.4 335.5 331.9 Taiwan May 268.9 271.4 267.3 Source: MF Global (S) Pte. Ltd
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    • Article
      Lock icon SIBOR
      85 28 May 7 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 1.***** 0.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths
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    • Article
      Lock icon SGX DERIVATIVES TRADING
      383 28 May 7 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Jun10 99.3400 0 4049 Sep10 99.2300 0 1692 Dec10 99.0700 0 885 Mar11 98.8550 0 4004 EUROYEN TIBOR FUTURES Jun10 99.6200 99.6200 99.6100 99.6200 300 5356 Sep10 99.6350 99.6400 99.6350 99.6500 431 2967 Dec10 99.6400 99.6400 99.6400
      383 words
    • Article
      Lock icon INTERBANK CROSS RATES
      466 28 May 7 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.936 6.068 0.698 6.916 40.512 81.770 0.819 10.270 2.907 1.252 74.881 40.458 1.243 6.860 0.989 28.168 28.766 0.604 0.889 Canada 1.068 6.480
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    • Article
      Lock icon PRECIOUS METALS
      138 28 May 7 GOLD (US$/oz) May 06 May 07 Hong Kong 1176.00 1197.50 May 06 May 07 London 1184.85 1194.55 1185.85 1195.55 Source: Thomson Reuters CAST BAR May 07 (S$) Selling Buying Kilobar 58,264.71 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 130.54 54 5gm 370.22 272 10gm 662.33
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      154 28 May 7 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2421 1.2436 0.8886 0.8890 Canadian dollar 1.3264 1.3282 0.9489 0.9495 Euro 1.7805 1.7823 1.2738 1.2741 NZ dollar 0.9923 0.9938 0.7099 0.7104 Sterling pound 2.0566 2.0586 1.4713 1.4716
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    • Article
      Lock icon LONDON METALS
      71 28 May 7 May 7 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2041.00 2071.75 3 months 2072.50 2103.00 Copper, Grade A (US$/tonne) Cash 6911.25 6911.75 3 months 6945.00 6948.00 Lead (US$/tonne) Cash 2019.00 1969.75 3 months 2050.00 2001.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne)
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    • Article
      Lock icon CHICAGO BOT
      105 28 May 7 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low May 10 951.25 945.50 955.50 940.00 Jul 10 960.00 954.00 964.50 948.50 Aug 10 956.25 950.25 960.50 944.50 Sep 10 941.75 935.00 946.00 929.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low May 10 38.13 37.84 38.10
      105 words
    • Article
      Lock icon LIFFE
      77 28 May 7 COCOA (£/tonne) Close Prev High/Low May 10 2329 2404 2410/2329 Jul 10 2349 2426 2430/2346 Sep 10 2308 2389 2393/2306 Dec 10 2271 2348 2345/2268 COFFEE (US$/tonne) Close Pev High/Low May 10 1331 1313 1324/1310 Jul 10 1371 1352 1371/1342 Sep 10 1405 1386 1407/1376 SUGAR (US
      77 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      77 28 CRUDE OIL PRODUCTS May 6 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 81.28 -2.10 WTI (Near Mth) 76.36 -3.31 Dubai (1-Mth F) 81.80 -2.86 Tapis blend 87.40 -3.20 Minas 86.35 -3.45 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 82.66 -2.01 Jet Kerosene 93.45 -1.95 US$/barrel Opec Oil
      77 words
  • Page 28 Advertisements
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      Lock icon Page 28 Advertisements Column 1
      78 28 Free online seminars to develop your FX/CFD trading skills. r > t*P*- iV IG Markets (ACRA No. *****621X) is licensed by the MAS and International Enterprise Singapore. View our free seminars online, on demand. Guiding you through your CFD journey; topics range from CFD basics, trading psychology, charting and much
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  • Article
    Lock icon THE BUSINESS TIMES SHIPPING TIMES
    5909 29 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.
    5,909 words
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  • Page 31 Advertisements
  • BizIT
    • Article, Illustration
      Lock icon Niche e-reader market at inflexion point
      1086 31  -  Multi-function devices among the many factors seen driving its growth By AMIT ROY CHOUDHURY WITH iPad capturing the imagination of millions around the world, the spotlight has fallen on a niche market which has been growing almost unnoticed Electronic Book Readers, or e-readers for
      AP  -  1,086 words
    • Article
      Lock icon Potential of digital retail squandered
      1143 31  -  DRM restrictions may return to haunt intellectual property owners <viewIT> By CHRISTOPHER LIM SHOULD the “M” in DRM stand for digital rights management, or would digital rights mishandling be more descriptive? The latter seems to increasingly be the case. Digital Rights Management (DRM) broadly refers
      1,143 words
    • Article
      Lock icon Firms shifting to hosted security
      358 31  -  By JASLENE PANG A SURVEY has revealed that 91 per cent of Singapore companies regard IT security as an important issue with one in four already deploying hosted security services. These services are believed to provide more robust protection backed by experts and research. The
      358 words
    • Article
      Lock icon IBM, NTU team up on cloud computing, HPC
      209 31  -  By JASLENE PANG NANYANG Technological University (NTU) last week teamed up with IBM on collaborative effort to research and develop a platform for the convergence of cloud computing and high performance computing (HPC). The collaboration is intended to create solutions that will
      209 words
    • Article
      Lock icon Nokia launches Communicator Mobile
      178 31  -  By TIMOTHY SEOW MICROSOFT and Nokia last week jointly launched Microsoft Communicator Mobile for Nokia devices the first fruits of an alliance announced last August. Communicator Mobile is an application that provides information about the availability of a user’s contacts and has a similar presence and
      178 words
    • Article, Illustration
      Lock icon BI software market in S’pore to grow 8.4%
      893 32  -  The expected growth this year, according to IDC Asia Pacific, is dependent on global economy continuing to recover, reports AMIT ROY CHOUDHURY AMIT ROY CHOUDHURY THEBusinessIntelligence(BI) software market in Singapore is expected to grow 8.4 per cent by the end of this
      893 words
    • <what’s new>
      • Article, Illustration
        Lock icon Olympus’ PEN E-PL1 wins award
        88 32 THE Olympus PEN E-PL1 micro four-thirds camera (above), which is a handy alternative for those who find DSLRs too bulky and complex, has won the prestigious Technical Image Press Association award for the “Best Entry-Level Compact System Camera” of 2010. It offers a wide choice
        88 words
      • Article, Illustration
        Lock icon Toshiba refreshes notebook offerings
        149 32 TOSHIBA last week updated its notebook offerings for both the casual consumer and business professional. On-the-move professionals can look out for the Tecra M11 (below), Toshiba’s latest addition to its business portfolio. The travel-friendly notebook comes with a sleek eco-friendly design and eSATA/USB combo port with
        149 words
      • Article
        Lock icon Adobe releases Creative Suite 5
        74 32 ADOBE last week released the highly-anticipated Creative Suite 5 (CS5) product family that comes with 250 new product features and in five different versions. The new CS5 includes Adobe Flash Catalyst that allows designers to create Web application interfaces and design interaction without writing code.
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      • Article
        Lock icon EeeKeyboard arriving soon
        85 32  -  COMPILED BY TIMOTHY SEOW ASUS has finally launched its EeeKeyboard PC after a slight delay. The EeeKeyboard is a fully functionable PC in the form of a keyboard. The 1kg EeeKeyboard can be hooked up to a HDTV, monitor, or projector to turn itself into a full-fledged
        85 words
    • Article, Illustration
      Lock icon ESPN to broadcast FIFA World Cup live in 3D
      916 32  -  S’poreans may miss the 3D action due to lack of set-top boxes By RAJU CHELLAM WHILE the Media Development Authority plans to start 3D TV trials in Singapore by this year-end, ESPN, one of the world’s leading sports channels, will telecast
      AP  -  916 words
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