The Business Times, 14 June 2010

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Microfilm: NL30703
Total Pages: 28
1 28 The Business Times
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  • Title Section
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    23 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, June 14,2010
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  • Article, Illustration
    Lock icon Nightspots fight the odds as resorts spin up
    718 1  -  Earnings down for some as customers choose blackjack over beer By NISHA RAMCHANDANI, EILEEN TAY With additional reporting by Esther Soh [SINGAPORE] The bright lights of Singapore’s two integrated resorts are taking the shine off some local nightspots, causing patronage to fall
    718 words
  • Article
    Lock icon The game is on for YOG sponsors
    709 1  -  Relishing the corporate exposure, companies are signing up to lend support to event By LEE U-WEN [SINGAPORE] There are still 61 days to go before the inaugural Youth Olympic Games (YOG) get underway in Singapore, but many of the event’s numerous sponsors are
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  • Article
    Lock icon MARKETS DIGEST
    136 1 MARKETS Weekly Change ST Index 2,796.29 -10.22 KL COMP 1,294.67 +0.28 NIKKEI 225 9,705.25 -195.94 HANG SENG 19,872.38 +92.31 SET INDEX 769.55 -1.93 JAKARTA COMP 2,801.90 -21.35 MANILA COMP 3,265.44 -91.61 SEOUL COMP 1,675.34 +31.21 SHENZHEN B 554.22 -2.05 MUMBAI IND 17,064.95 -52.74 DOW 10,211.07 +279.10 NASDAQ 2,243.60
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  • Page 1 Advertisements
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      Lock icon Page 1 Advertisements Column 1
      210 1 BizIT Brocade unveils new data centre strategy PAGE 28 VIEWS FROM THE TOP Towards a gracious society PAGE 9 ENVIRONMENT Oil spill may not yield climate law PAGE 16 DINING OUT Infuzi scores with new menu PAGE 21 ATTITUDE. ALTITUDE. 1 s >- l< >1,, "MHi •Mil HI r ii
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  • TOP STORIES
    • Article, Illustration
      Lock icon Going green pays off for developers
      515 2  -  Eco-friendly projects awarded more floor space under BCA scheme By EMILYN YAP [SINGAPORE] Going green has its rewards, and some developers have got them in the form of additional floor space for their projects. The Building and Construction Authority (BCA) told BT that it
      CDL; SOILBUILD  -  515 words
    • Article
      Lock icon BP vulnerable to worse aftermath
      402 2  -  £Q| REUTERS BREAKINGVIEWS By CHRISTOPHER SWANN BP’S name is so besmirched in Washington DC that restoring its old An-glo-Iranian Oil Company moniker could hardly worsen things. It’s partly political posturing, but there’s a real threat too. Venezue-lan-style expropriation may be a stretch, but Uncle Sam
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    • Article, Illustration
      Lock icon China talks tough over new US moves on yuan
      463 2 Commentary hits out at ‘baby-kissing incompetents’ in US Congress Reuters [BEIJING] US lawmakers risk “poisoning the atmosphere” with China through proposed laws aimed at the yuan currency, China’s official news agency said yesterday, calling Congress members “baby-kissing” incompetents. The commentary from
      Reuters; BLOOMBERG  -  463 words
    • Article
      Lock icon THREE-MINUTE DIGEST
      638 2 The game is on for YOG sponsors THERE are still 61 days to go before the inaugural Youth Olympic Games get underway in Singapore, but many of the event’s numerous sponsors are not wasting any time in making sure they get maximum mileage for their buck. According to
      638 words
    • Article, Illustration
      Lock icon Russian banking group out to woo Asian investors
      842 3  -  VTB now has retail and investment banking businesses By CONRAD TAN [SINGAPORE] Russia’s VTB Group has come a long way from its roots as a state-owned export-import bank focused mainly on serving big Russian companies. Set up in 1990 as Vneshtorgbak, the
      842 words
    • Article
      Lock icon Japanese minister adds to bond market confusion
      784 3  -  Scaling back of new social security could be on the cards By in Tokyo ANTHONY ROWLEY IN another sign of apparent nervousness over the sustainability of Japan’s huge public debt, Finance Minister Yoshihiko Noda said yesterday that the newly installed government would review
      784 words
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      94 2 SEA CONSORTIUM PTE LTD NOTICE TO TRADE RATE RESTORATION A Rate Restoration will be implemented on 1 July 2010, Please be advised that the following minimum rates will apply for all SOC shipments between Singapore/Port Klang to the ports mentioned below with effect from 1 July 2010. All the rates
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      52 2 Worldwide Hotel Reservation Air Ticketing Call us 6733 2808 w I www.luxury.com.sg rGOOD CLASS! [BJeJN GAEQJKSJ BINJAI+PXRK<f €V€Mlfa 984WWM Newsman Realtij, Rte^LtclJ Sole Marketing Rgent 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
      52 words
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      199 3 Thank You Honored by Again The best results are often built on partnerships. For the second consecutive year, private banking clients across Asia have voted UBS the best private bank in the region. The Asiamoney Private Banking Poll is one of the few surveys in which clients decide the winner.
      199 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Focus on factors in play and respond
      757 4  -  STOCKS R SIVANITHY Senior Correspondent ONE of the more common questions being asked in recent days is whether the weakness of the past month is merely a correction, or whether it’s the start of a bear market. To us, a question like this
      757 words
    • Article
      Lock icon Rating agencies can’t replace proper due diligence
      499 4  -  COMMODITY WATCH By SIMON TEO By Private Client Service RECENTLY, we have been hearing news on downgrades of some European countries’ bonds and collaterals by credit rating agencies causing the euro, which is already under heavy selling pressure, to undergo its steepest fall
      499 words
    • Article
      Lock icon Friday’s gains pare declines of Asian units for week
      400 4 CURRENCIES Bloomberg [BANGKOK] Asian currencies gained last Friday, paring the week’s decline, as the strength of economic data raised optimism that the region will lead a global recovery, boosting demand for local assets. Malaysia’s ringgit strengthened for a third day last
      Bloomberg  -  400 words
    • Article
      Lock icon BROKERS’ RECOMMENDATIONS
      1430 4 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 2.36 2.00 11 11.10 9.46 1.39 1.05 ARA Asset Mgt Ltd 1.75 1.67 4 7.30 13.56 1.23 0.99 Armstrong Ind Corp Ltd 1.00 1.00
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    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 4 WEEKLY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      65 4 Jun 11 VALUE CLOSE BT OB/OS 230.00-119.00 BT CADI -*****.00 +78.00 BT 10-day MA -*****.00 +23.00 FTSE ST Mid Cap 674.27 +3.71 FTSE ST Small Cap 509.48 +1.74 FTSE ST All Share 688.25 +3.96 FTSE ST China Top 252.42 +1.41 FTSE ST China 286.98 +2.54 FTSE ST
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    • Article
      Lock icon MOST ACTIVE STOCKS
      54 4 VOLUME Genting SP 295,934,000 Golden Agri 202,522,000 Healthway 164,760,000 Sapphire 151,877,000 RafflesEdu 130,730,000 Armstrong 106,885,000 SingTel 101,896,000 Noble Grp 93,691,000 GMG Global 88,922,000 Petra 83,162,000 VALUE($) DBS Grp 348,009,748 Genting SP 306,497,957 SingTel 296,168,838 UOB 276,757,445 Keppel Corp 205,707,379 CapitaLand 197,266,643 Wilmar 177,511,750 Noble Grp 166,579,730 NOL
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    • Article
      Lock icon RISES
      111 4 BY CENTS CLOSE UP GLD 10US$ ***** 205.1 1.2 DBXT S&P Short 10US$ 5400 129.3 1.7 DairyFarm 701 74.5 8.2 DBXT FTChina25 10US$ 2842 67.4 1.7 OCC 5.1% NCPS 100 ***** 40.0 0.4 UOB 5.05%NCPS 100 ***** 40.0 0.4 SIA.ES.1006 1472 36.0 2.5 Thai Prime Fd 645 35.1 4.0
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    • Article
      Lock icon FALLS
      121 4 BY CENTS CLOSE DOWN DBXT MSKorea 10US$ 4291-258.5 -4.1 DBXT DBLCI-OY 5US$ 3029-120.8 -2.8 OUE 1630-120.0 -6.9 DBXT MSEurope 10US$ 3500-112.4 -2.2 JMH 3614-112.4 -2.2 Lyxor Europe 10 US$ 1025-102.6 -6.6 Jardine C&C 2902 -90.0 -3.0 DBXT FTVietnam 10US$ 4342 -80.1 -1.3 Lyxor India Nifty 10 1501 -78.0 -4.9
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    • Article
      Lock icon CURRENCIES
      87 4 Where S$ stands Jun 11 CHNG YR 2010 CLOSE FR Jun 10 S$ LOW S$ HIGH US$ 1.4042 0.52 1.4219 1.3680 Euro 1.7019 -0.03 2.0153 1.6886 Pounds 2.0603 0.00 2.2831 2.0003 A$ 1.1882 -0.20 1.2960 1.1515 Yen* 1.5335 0.93 1.5927 1.4467 Rupiah* 0.***** 0.14 0.***** 0.***** Baht* 4.3239 0.36
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    • Article, Illustration
      Lock icon Most portfolios drift lower on thin trading
      1521 6  -  TEH HOOI LING Senior Correspondent DESPITE the improving sentiment, our portfolios drifted lower last week as trading thinned in the local bourse. On average, our portfolios slid 1.1 per cent. This compared with the 0.4 per cent retreat in the Straits Times Index.
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    • Article, Illustration
      Lock icon Director transactions and buyback activity fall
      1244 6  -  INSIDE MARKETS By ROBERT HALILI The writer is managing director, Asia Insider Limited AFTER four straight weeks of bullish activity, the buying by directors fell for the second straight week with only 12 companies recording 24 purchases worth $5.6 million based on filings on
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      93 4 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) Bringing p Futures Global Markets closerjo yoi <' V CO, Reg. No: *****5695G The above information does riot constitute an investment advice, an offer/solicitation to buy/sell the
      93 words
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  • COMPANY NEWS
    • Article
      Lock icon M&A outlook murky despite economic upturn
      624 5  -  HOCK LOCK SIEW By JAMIE LEE HUSH, goes the M&A market this year. Figures from data provider Dealogic show that the number of M&A deals in Singapore so far with Singapore companies as both buyers and sellers stand at 298, totalling some US$17.5 billion
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    • Article
      Lock icon Xpress Q3 earnings slide 15.2%
      273 5 XPRESS Holdings has reported a 15.2 per cent drop in third quarter net income to $1.66 million due to a combination of higher taxes and lower contributions from its associate and scrap material sale. Earnings per share for the three months ended April 30 fell
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    • Article
      Lock icon Ramba Energy clarifies charges faced by its chief
      256 5  -  They do not include alleged misuse of US$10m in funds By WINSTON CHAI RAMBA Energy chief David Soeryadjaya is currently facing several charges in Indonesian courts but the alleged misuse of US$10 million in funds is not one of them. The company
      256 words
    • Article, Illustration
      Lock icon StarHub voices concern over lack of NBN updates
      575 7  -  It seeks to know scale of the fibre-optic network, areas of coverage By WINSTON CHAI CONSTRUCTION of Singapore’s future broadband highway may be gathering steam but the road to new ultra high-speed broadband services is currently hampered by the lack of project
      FILE PHOTO  -  575 words
    • Article
      Lock icon COMPANY MEETINGS
      268 7 COMPANY MEETING PLACE DATE TIME OUE E Mandarin Orchard Singapore, Mandarin Ballroom III, 6th Floor, Main Tower, 333 Orchard Road, Singapore *****7 16-Jun 10.00am Gems TV Hldgs E RELC International Hotel, 30 Orange Grove Road, Singapore *****2 18-Jun 10.00am San Teh Ltd E Grand Mercure Roxy Hotel, Roxy
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    • Article
      Lock icon KPMG flags Fujian Zhenyun’s full-year accounts
      228 7 FUJIAN Zhenyun Plastics Industry has had its auditors KPMG come out to issue a disclaimer on its full-year results due to the doubts cast on several items in its accounting books. KPMG said it found evidence which showed that transactions and balances with some
      228 words
    • Article
      Lock icon PRIME LENDING RATES
      403 7 Jun 11 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
  • Page 5 Advertisements
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      Lock icon Page 5 Advertisements Column 1
      183 5 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 IMPORT FROM
      183 words
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      92 7 1 y Ml f p.. i SQUAWK o. BOX o GAM SINGAPORE EXCHANGE NOW BROADCASTING LIVE FROM SGX TO 350 MILLION HOME5 WORLDWIDE 0 0 R nv 0 0 First in Business Worldwide. First in Business Worldwide. First in Business Worldwide. First in Business Worldwide. First in Business Worldwide. First
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Video retailers urge changes to rules
      792 8  -  They call for classification process to be streamlined, more self-regulation By TIMOTHY SEOW IN light of the challenges to the video industry from new media, some large video retailers have asked for changes to the Media Development Authority’s (MDA’s) regulatory policy. In particular, they
      792 words
    • Article
      Lock icon DIVIDENDS ANNOUNCED
      674 8 Payment Ex Books Pay (cts) date close date AIMS AMP Cap Ind Reit ag 0.538 20-May 24-May 28-Jun Amara Hldgs an 0.500 14-Jun 16-Jun 28-Jun Apex-Pal Intl an 0.500 07-Jun 09-Jun 23-Jun Asia Pac Brew aw 14.000 02-Jun 04-Jun 23-Jun Asiatravel.Com aw 0.600 27-May 01-Jun 14-Jun Aspial Corp
      674 words
    • Article, Illustration
      Lock icon ORCHARD ROAD GETS WORLD CUP ACTION
      154 8  -  By Arthur Lee IT was full house on Saturday evening with standing room at the back as soccer fans thronged a special tent at Ngee Ann city’s civic plaza to watch the World Cup live (main picture). They followed the action on a giant
      PHOTOS BY ARTHUR LEE  -  154 words
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      1617 8 MATS BUY IT SELL IT FIND IT NOTICES NICO STEEL HOLDINGS LIMITED (Incorporated in the Republic of Singapore) Company Registration No. *****4166D Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Ninth Annual General Meeting of the Company will be held at Chancery Room (503), level 5, RELC
      1,617 words
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      Lock icon Page 8 Advertisements Column 2
      134 8 SIMATECH SHIPPING PTE LTD NOTICE TO TRADE RATE RESTORATION EFFECTIVE 1 JULY 2010 Please be informed that we will be implementing a Rate Restoration on 1 July 2010. With effect from 1 July 2010, the following minimum rates will apply for all SOC shipments between Singapore/Port Klang and the ports
      134 words
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      Lock icon Page 8 Advertisements Column 3
      31 8 'liTl !_TU FIND THE ONES THAT FIT! Recruit the right people through CATS Recruit. Call 1800 289 8822 or email recruit@sph.com.sg to advertise. 1 rJ L 1 rsj L 1 r\
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  • VIEWS FROM THE TOP
    • Article, Illustration
      Lock icon Towards a gracious society
      2395 9 THIS WEEK’S TOPIC: Are you satisfied with the general level of civic-mindedness in Singapore? What more could be done to make it better? Pinaki Rath Managing Director Gold Matrix Resources Pte Ltd RATHER than something that should come from within, I suspect that it is our
      FILE PHOTO  -  2,395 words
  • Page 9 Advertisements
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  • SINGAPORE ARTS FESTIVAL
    • Article, Illustration
      Lock icon Crude start, sinister sophisticated ending
      621 10  -  Cool is a performance piece focusing on body work and installation in the style of ‘contemporary cruel theatre’, reports CHEAH UI-HOON CHEAH UI-HOON DIRECTOR Tian Gebin could have missed his calling as a choreographer. Such was the dance potential of Cool, a performance piece that
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    • Article, Illustration
      Lock icon Thoughtful restraint of deep emotions
      532 10  -  By MELISSA QUEK ANYONE who has loved deeply and lost would be affected by Maybe Forever, a duet danced and choreographed by Meg Stuart and Philipp Gehmacher. The dance was a melancholic expression of these weighted emotions that took its own time to unfold. The
      532 words
    • Article, Illustration
      Lock icon Celebrating a vintage play
      674 10  -  By CHEAH UI-HOON MORE than 25 years after it was written, Stella Kon's Emily of Emerald Hill still resonates today as evidenced in its Margaret Chan reprisal last Friday night. Beyond the trappings of Peranakan culture and lifestyle that the character embodied, she is the wife,
      674 words
  • Page 10 Advertisements
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      Lock icon Page 10 Advertisements Column 1
      122 10 www.futurechina.sg Future Chiha SINGAPORE The FutureChina Global Forum 12-13 July 2010 Ritz-Carlton Hotel, Singapore Strategic Insights for Riding China's Next Decade Featuring insights and analyses from renowned personalities including Jon Huntsman, Ambassador to China, USA George Yong-Boon Yeo, Minister for Foreign Affairs, SG Fang Fenglei, Chairman, Flopu Investments Management, PRC
      122 words
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  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • Article, Illustration
      Lock icon Networking is vital for success
      1254 11 Managers who neglect to build their networks risk failing or remaining stuck in middle management MANAGERS today juggle more responsibilities than ever and for many of them networking becomes an afterthought. But Herminia Ibarra, INSEAD professor of Organisational Behaviour, says that’s a potentially fatal career
      ILLUSTRATION: STOCK.XCHNG  -  1,254 words
    • Article, Illustration
      Lock icon Helping business deal with social development issues
      842 11  -  CAMPUS LIFE By AYE KYITHAR SWE The writer is a final-year student from Myanmar at the School of Economics, Singapore Management University THE past three and a half years in Singapore Management University (SMU) have shown me that education outside the classroom adds
      AYE KYITHAR SWE  -  842 words
  • Page 11 Advertisements
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      271 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 have
      271 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon Lower spending may slow US recovery
      721 12 Sharp decline in retail sales for May indicates shoppers are still wary AP [WASHINGTON] Americans are pulling back on their spending, a trend that could slow the economic recovery if it continues. A sharp drop in retail sales points to still-wary shoppers and could
      AP; AFP  -  721 words
    • Article
      Lock icon US financial reform: No skin off Fed’s nose
      649 12 The central bank dodges Senate oversight bullet Reuters [WASHINGTON] The US Federal Reserve, lambasted for sins of omission and commission after the financial crisis, could emerge from a historic rewrite of financial rules largely unscathed. Roundly criticised for regulatory lapses and bank
      Reuters  -  649 words
    • Article
      Lock icon Brazil may not sustain its China-like growth
      687 12 Reuters [BRASILIA] Brazil may be growing at Chinese rates but it is no China. President Luiz Inacio Lula da Silva praised last week’s gross domestic product (GDP) data, calling it well-deserved “exuberant growth”, but some say such rampant expansion could be a curse,
      Reuters  -  687 words
    • Article, Illustration
      Lock icon Hungary tax cuts may boost growth, sustain finances
      807 12 But a tight budget is key to regaining investor confidence Reuters [BUDAPEST] Tax cuts could boost Hungary’s growth and make its finances more sustainable but the government must first deliver on budget goals to regain investor confidence shaken by ill-worded comparisons with
      Reuters; REUTERS  -  807 words
  • Page 12 Advertisements
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      159 12 RCL FEEDER PTE LTD NOTICE TO TRADE RATE RESTORATION Notice is hereby given that a Rate Restoration will be implemented on 1 July 2010. With effect from 1 July 2010, the following minimum rates will apply for all SOC shipments between Singapore/Port Klang and the ports mentioned below: Nhava Sheva
      159 words
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon A needless expenditure
      524 13  -  Plan to build new parliament house inappropriate MALAYSIA INSIGHT S JAYASANKARAN KL Correspondent THERE is a plan, apparently, to build a new parliament house in Putrajaya for RM800 million (S$341.2 million). One hopes it is not true because it is a notion that flies in the face
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    • Article
      Lock icon BURSA MALAYSIA
      2041 13 VOL Jun 11 RM +/-(‘000) A M Realty/D 0.60 unch 0 Abric Bhd/D 0.19 -0.01 77 Advance Synerg/D 0.14 unch 498 Adventa Bhd/D 3.15 0.03 126 Ae Multi Hldgs/D 0.54 unch 1659 Affin Holdings/D 3.02 0.01 1767 Ahmad Zaki Res/D 0.79 -0.02 550 Aic Corp/D 0.68 0.01 33
      2,041 words
    • Article, Illustration
      Lock icon Rajawali to list US$1b plantation assets
      554 13 It plans to hunt for more coal, gold mines in country Reuters +[JAKARTA] Indonesian investment firm Rajawali Group plans to unlock over US$1 billion worth of plantation assets through a market listing within a year, and then hunt for coal and gold mines in
      Reuters; REUTERS  -  554 words
    • Article
      Lock icon Indonesia sees rice crop up, seeks Gulf farm investment
      316 13 Reuters [JEDDAH] Indonesia expects a 6 per cent rise in its milled rice harvest this year, leading to a two-mil-lion tonne surplus, and it aims to attract Gulf Arab investors to develop “sleeping land”, Agriculture Minister Suswono said. “Growth is 6
      Reuters  -  316 words
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      297 13 Woodlands Industrial Corner Terrace Built-in 23,000 sq-ft Land area 10,000 sq- Balance 45 years Tenanted $444,000 p.a. (3yrs) •Asking $4.5 million •10* Yield DT7 INTERESTED CALL: 8157 7568 (ROY) SCORE CARD Keep your investors informed by advertising your financial results in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg.
      297 words
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      764 13 ASIAN FEEDER DISCUSSION GROUP (AEDG) NOTICE TO TRADE BUSINESS PLAN 2010 RATE RESTORATION EFFECTIVE 1 JULY 2010 We refer to our notice to trade dated 8 January 2010 wherein we have informed the trade of our Business Plan 2010 and a Rate Restoration (RR) effective 1 July 2010. The following
      764 words
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  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon Progress in China-Taiwan talks
      520 14 This revives hopes that a trade pact could be sealed this month AFP Reuters [TAIPEI] China and Taiwan yesterday made “substantial progress” during negotiations for a comprehensive trade pact, reviving hopes that the deal could be sealed this month. Experts from both sides met in Beijing
      AFP; Reuters; REUTERS  -  520 words
    • Article
      Lock icon China warns local govt on investment agencies
      371 14 Beijing fears their loans may cause problems for banks AP [BEIJING] China’s Cabinet ordered local governments yesterday to better manage their investment agencies amid concern that their borrowings estimated at hundreds of billions of dollars could cause problems for Chinese banks. The State
      AP  -  371 words
    • Article
      Lock icon Honda Lock strike still on: workers
      342 14 Reuters [HONG KONG] Workers at a factory making locks for Honda Motors cars in China remained on strike yesterday, two workers said, even as Honda said the matter had been resolved and operations had resumed. Speaking from Japan, Honda spokeswoman Natsuno Asanuma said the
      Reuters  -  342 words
    • Article
      Lock icon Telecom deal may worsen Ambani feud
      421 14 NYT [NEW DELHI] India’s bitterest family feud got down to business on Friday. Mukesh Ambani, the elder of India’s warring billionaire brothers, made a US$1 billion bet on the telecommunications sector on Friday, a business in which his brother, Anil, is a major player.
      NYT  -  421 words
    • Article, Illustration
      Lock icon AgBank chief faces uphill battle on IPO front
      681 14 SHARE OFFERING Reuters [BEIJING] Xiang Junbo is a war hero and award-win-ning scriptwriter. He’s also chairman of China’s thirdlargest bank, founded by Mao Zedong, and had hoped to be launching the world’s biggest-ever initial public offering. But a slump in China’s markets
      Reuters; REUTERS  -  681 words
    • Article
      Lock icon Temasek plans US$300m investment
      321 14 Reuters [SINGAPORE] Singapore investment company Temasek plans to invest up to US$300 million in the Agricultural Bank of China, ahead of its roughly US$20 billion initial public offering (IPO), a source with direct knowledge of the matter said on Saturday. Temasek’s commitment to China’s third largest
      Reuters  -  321 words
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  • ASIA-PACIFIC/WORLD
    • Article
      Lock icon Signs of calm on Wall St amid turbulence
      1103 15  -  VIX volatility index declines but storm clouds from Europe, China still a worry; major data out this week By ANDREW MARKS ON Wall Street, stock market analysts turned off their terminals on Friday afternoon with a great deal more optimism than they’ve
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    • Article
      Lock icon US businesses list demands ahead of trade talks
      624 15 Groups want a deal that pays attention to their concerns Reuters [WASHINGTON] Trade negotiators from the United States, Vietnam and six other Asia-Pacific nations meet in San Francisco this week for work on a freetrade agreement that US trade officials say could
      Reuters  -  624 words
    • Article, Illustration
      Lock icon US, UK play down diplomatic tensions over BP oil spill
      748 15 [BURAS, Louisiana] BP Plc faced renewed US pressure yesterday to do more to contain the Gulf of Mexico oil spill, as the United States and Britain played down diplomatic tensions over the crisis. British Foreign Secretary William Hague said that
      REUTERS  -  748 words
    • Article
      Lock icon EU leaders to press ahead on bank tax: document
      355 15 AFP [BRUSSELS] EU leaders are to throw their support behind proposals for a European tax on banks to help bear the huge costs of financial crises, according to a document obtained by AFP on Saturday. In the absence of a global
      AFP  -  355 words
    • Article, Illustration
      Lock icon France outlines spending cuts of 45b euros
      628 17 Aim is to bring public deficit back down to EU limit of 3% of GDP by 2013 AFP [PARIS] France joined other European nations in announcing on Saturday a plan that would involve 45 billion euros (S$76.4 billion) in spending cuts over the
      AFP  -  628 words
    • Article
      Lock icon Spain’s savings banks race to merge
      639 17 But outcome of such ‘cold mergers’ is not certain: analysts AFP [MADRID] Spain’s regional savings banks are racing to consolidate ahead of a June 30 deadline to tap a government rescue fund, but analysts warn that the outcome of such “cold mergers” is less
      AFP  -  639 words
    • Article
      Lock icon Worst locust plague in years threatens Aussie harvest
      526 17 Bloomberg [MELBOURNE] The worst locust plague in more than two decades is threatening to strike Australia, the world’s fourth-largest wheat exporter, after rainfall boosted egg-laying by the insects in major crop-growing regions. “There are hundreds of millions of dollars worth of crops
      Bloomberg  -  526 words
    • Article
      Lock icon Paris pays market price for fresh funds
      621 17 AFP [PARIS] Fears that the eurozone debt crisis could hit even the stronger member countries means that France has been forced to pay higher rates to raise fresh funds in the financial markets, analysts said. They said that investors buying government bonds want
      AFP  -  621 words
    • Article
      Lock icon Labour reform will create jobs, says Spain’s PM
      433 17 Reuters [MADRID] A draft labour reform package due to be approved by Spain’s government on Wednesday will help generate jobs and boost confidence in a struggling economy, Prime Minister Jose Luis Rodriguez Zapatero said on Saturday. The government presented unions and business
      Reuters  -  433 words
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      9 15 Oil spill may not yield climate law, Page 16
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      199 15 ORIENT EXPRESS LINE NOTICE TO TRADE RATE RESTORATION We wish to inform the trade that, following the implementation of the Rate Restoration effective 1 July 2010, the following minimum rates will apply for all SOC shipments between Singapore/Port Klang and the ports mentioned below with effect from 1 July 2010.
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  • FOCUS: ENVIRONMENT
    • Article, Illustration
      Lock icon Oil spill may not yield climate law
      1026 16 But pressure grows for penalty on BP, tougher legislation on offshore drillers, measures to cut energy consumption NYT [WASHINGTON] IMAGES of gushing oil and dying pelicans in the Gulf of Mexico have stirred anger and agony in Washington. But are they enough to
      NYT; REUTERS  -  1,026 words
    • Article, Illustration
      Lock icon Money’s on natural gas, oil services firms
      926 16 ‘Green’ funds give BP a miss following Gulf of Mexico spill Reuters [BOSTON] With BP Plc falling out of favour, managers of environmentally responsible funds are turning to energy companies more involved with natural gas or oil services as energy-sec-tor alternatives. Managers mentioned
      Reuters; AP  -  926 words
    • Article
      Lock icon North Atlantic turning into sea of rubbish: researchers
      453 16 AFP [PARIS] The North Atlantic Ocean is looking more like a rubbish bin, with plastic and polystyrene flotsom spreading far and wide, according to four French explorers just back from eight months at sea. Once out of the Brittany port of Trinite-sur-Mer
      AFP  -  453 words
    • Article
      Lock icon Global biodiversity panel now a reality
      287 16 AFP [PARIS] It was the dream of many scientists while the United States was sceptical, but after two years of debates, more than 90 countries have approved the creation of a scientific panel on biodiversity. The panel will peer-review science research on biodiversity and
      AFP  -  287 words
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      208 17 SAMUDERA SHIPPING LINE LTD NOTICE TO TRADE RATE RESTORATION Please be informed that effective 1 July 2010, the following minimum rates will apply for all SOC shipments between Singapore/Port Klang and the ports mentioned below following the implementation of our Rate Restoration effective 1 July 2010. Nhava Sheva USD 380.00
      208 words
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  • FOCUS: CANCER
    • Article, Illustration
      Lock icon Just how safe is canned soup?
      2565 18  -  Studies show BPA, the key compound in the epoxy resin that lines the inside of cans, may lead to cancer. ERNEST SCHEYDER reports ERNEST SCHEYDER Reuters [DOVER, New Hampshire] YOLANDE Sprague could be forgiven for feeling virtuous. Four years ago, just after giving birth
      Reuters; REUTERS; PHOTOS: REUTERS  -  2,565 words
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  • WORLD
    • Article, Illustration
      Lock icon Businesses adopt green practices
      901 19 Cost-saving drives firms to use more recyclable materials in their products NYT [NEW YORK] As the world’s greatest soccer players take to the fields at the Fifa World Cup in South Africa, many are wearing jerseys made almost entirely from plastic bottles rescued from landfills in
      NYT; AFP  -  901 words
    • Article
      Lock icon Health experts rap World Cup fast food sponsorship
      568 19 Fifa’s lucrative deals with junk food giants under fire AFP [JOHANNESBURG] It stars some of the fittest athletes on the planet but health experts say the World Cup’s positive lifestyle message is undermined by the choice of junk food giants to sponsor
      AFP  -  568 words
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      141 19 f fe i 7% >* i W iK I 4&m I '4w* J& "V N > *fc&> *w*^*^£ I sp KStf s s g* K ENGAGE THE N»E»W»S* AUDIENCE with The AsiaOne Network. Whatever your marketing the; direction, you can attract your desired readers with the different perspectives and interactive
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  • AVIATION/SHIPPING
    • Article, Illustration
      Lock icon Spirit Airlines pilots strike for 2nd day
      696 20 They have said their pay lags behind competitors such as AirTran and JetBlue AP [FORT LAUDERDALE, Florida] Spirit Airlines flights were being cancelled again yesterday as a pilot’s strike entered its second day, shutting down the discount carrier and stranding thousands of travellers.
      AP; REUTERS  -  696 words
    • Article
      Lock icon Pirates attack Yemeni oil tanker
      182 20 AFP [SANAA, Yemen] Somali pirates have opened fire on a Yemeni oil tanker in the Red Sea wounding a guard on board, Yemen’s interior ministry quoted the coastguard as saying on Saturday. “The coastguard in the Red Sea said that Somali pirates intercepted an oil
      AFP  -  182 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2952 20 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi SQ457 1230 SQ456 1250 EY473 1950 Adelaide SQ268 1745 LH9770 2350 --SQ279 2350 VS7279 2350 Amsterdam SQ323 0605 LO4032 2345 US5410 0605 SQ324 2345 AZ3992 1525 US5411 2345 KL835 1525 Athens SQ348 0105 Atlanta DL281 0100 DL280 0545 Auckland
      2,952 words
    • Article
      Lock icon Baltic index at six-week low, China demand watched
      517 20 Reuters [LONDON] The Baltic Exchange’s main sea freight index, which tracks rates to ship dry commodities, fell to its lowest in over six weeks last Friday as worries over slower Chinese demand weighed on senti- ment. The index, which gauges the cost
      Reuters  -  517 words
    • Article, Illustration
      Lock icon TRANSPORT STOCKS
      278 20 Source: Thomson Reuters SGX '000 Jun 11 S$ +/-Vol CH Offshore 0.51 -0.01 200 Chuan Hup Hldg 0.26 -0.01 181 Cosco Corp 1.38 unch ***** CWT Ltd 0.89 0.01 1279 Ezra Hldgs 1.77 unch 4059 First Ship Lea 0.37 -0.03 5644 Freight Links 0.05 unch 251 Grand Banks
      Source: Thomson Reuters  -  278 words
    • Article
      Lock icon Tracking top pirate bosses on land a difficult job
      342 20 AP [ABOARD THE CARLSKRONA] Aboard a dingy and a helicopter, Swedish special forces head out from the warship Carlskrona to search for Somali pirates. But while the European Union Naval Force is more actively hunting pirates than ever before on the
      AP  -  342 words
  • Page 20 Miscellaneous
    • Miscellaneous
      Lock icon Page 20 Miscellaneous Column 1
      299 20 CRYPTIC CROSSWORD Across 1 Brace and bit from builder’s toolbox (7) 5 Alleged grass stuck inside (7) 9 Writer died before stake (5) 10 Tackle part, keeping mum for performance (9) 11 Uncertain rules I tore in pieces (10) 12 Addict starts to unload smack, entering rehab (4) 14 Contain
      299 words
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  • DINING OUT
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      Lock icon Good food can trump a bad location
      632 21  -  NEW MENU Infuzi #01-01 Biopolis, Chromos Block 10 Biopolis Road Tel: 6478-9091 www. infuzi. com. sg By Audrey Phoon IT’S World Cup kick-off night and way out west in Biopo-lis-located Infuzi (which isn’t showing any matches), something surprising is happening. Nearly half the
      PHOTOS BY JOHN HENG  -  632 words
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      114 21 Lianhe Zaobao Europe's debt crisis sends some S-chips plunging 20% or more -1 jriP gR«!SBSTKiE20%aKBl± To subscribe, call 6388-3838 or go to sphsubscription.com.sg GOOD GAINS Let your investors know by advertising your financial results in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. T WINE DINE AND HOSPITALITY Reach
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      91 21 www.omy.sg SX3&JI. [0E© *s JA vL :fV] @Blog h«p!//blo9-«m»- s 9 ,sou,h a,,iCa I«l» Lingzhi@South Africa hW ,,twmer.com/Mn9.hiSA2010 www.raclio9"l 3.c< v/ OOH LA LA! It's Father's Day Zenden! Let Dad have his way with Zenden's impressive buffet spread. Lunch Buffet at $33.00 (12-3pm) Dinner Buffet at $38.00 (7-10.30pm) Inclusive of
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      9219 22 Week ended: Jun 11 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 6.5 3148 8Telecom 14.5 unch 63 15.5 14.5 14.5 15.5 1.7 12.5 4.7 69.4 10 5.5 5834 A-Sonic
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      Lock icon SGX CATALIST
      1785 23 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 7 33.3 5.8 25 13 8538 t APStrategic 16 unch 30 16 16 16
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      Lock icon SGX ETF
      755 23 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 $mil 116 107 6389 ABF SG Bond ETF 112 -3 20 112 112 110.5 115 511.3 883 610 CIMBAsean40 100US$ US823 +4 153 823 761
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      Lock icon CLOB INTERNATIONAL
      268 23 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 $mil 56 27 6000 AVJennings A45 +5 1 45 45 42 50 3.6 7.8 3.6 117.2 31 13 6017 Genting HK US$ US16 -1 8647
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    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      115 23 Stock name Close Change Stock name Close Change Stock name Close Change CapMallsAsia 2.100 CapitaLand 3.630 +0.090 CapitaMall 1.860 +0.030 CityDev 10.820 +0.100 ComfortDelGro 1.430 +0.030 DBS Grp 13.600 +0.160 F&N 4.910 +0.050 Genting SP 1.040 -0.010 Golden Agri 0.505 HK Land 5.150 +0.080 JMH 36.140
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    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 23 MAIN SDQ TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 8 8 1 0 0 0 8 8 1 Manufacturing 48 110 56 10 9 17 58 119 73 Commerce 16 38 26 4 9 3 20 47 29 Tpt/Stor/Comms 15 21 9
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      Lock icon SECURITIES TRADING TURNOVER
      123 23 TURNOVER (‘000) VALUE (‘000) MAIN SDQ TOTAL MAIN SDQ TOTAL Multi Ind 78,055 78,055 312,181 312,181 Manufacturing 984,992 31,175 1,016,167 873,488 1,041 874,529 Commerce 310,115 21,273 331,388 430,885 6,987 437,872 Tpt/Stor/Comms 419,496 1,071 420,567 794,921 137 795,058 Finance 81,117 144 81,261 853,679 15 853,694 Construction 82,300 160,691
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      Lock icon STOCKS ASIA
      2691 23 Transaction date: Jun 11 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 Stores 11.5 0 4 Angang Steel 9.41 0.33 ***** Anhui Conch 23.95 -0.4 3439 Anhuiexpresswa 4.45 -0.03 1500
      2,691 words
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      26 23 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
      374 24 In local curr In S$ In US$ dy yr dy yr dy yr Jun 11 Index Change Change Change Change Change Change World Index Preliminary 797.1 0.2 -4.3 0.0 -8.0 0.0 -7.9 EAFE Preliminary 739.4 0.9 -5.8 0.5 -13.9 0.6 -13.8 Europe Preliminary 1066.5 0.7
      374 words
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      Lock icon FOREIGN CURRENCY NOTE RATES
      132 24 Jun 11 As at 9am Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.1780 1.2140 Can dollar 1.3510 1.3680 Euro 1.6910 1.7110 NZ dollar 0.9520 0.9730 Sterling pound 2.0500 2.0750 US dollar 1.3940 1.4100 Local dollars to 100 units of foreign
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      Lock icon STOCK INDEX FUTURES
      27 24 Jun 11 Open High Sett STI Jun 2797 SIMSCI Jun 326.7 331.0 330.8 Taiwan Jun 254.1 259.8 259.5 Source: MF Global (S) Pte. Ltd
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      Lock icon INTERBANK RATES
      177 24 Jun 11 $S Offer Bid Overnight 0.01 par 1-month 3/8 1/8 2-months 7/16 3/16 3-months 9/16 5/16 Overnight mode: 0.02 US$ Offer Bid 7 days 0.45 0.35 1 month 0.60 0.40 2 months 0.65 0.45 3 months 0.70 0.50 6 months 0.90 0.70 9 months 1.10 0.90 12
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      Lock icon US$/S$ FORWARD RATES
      22 24 Jun 11 S$ Bid Offer 1-month 1.4050 1.4062 2-months 1.4048 1.4060 3-months 1.4046 1.4059 6-months 1.4042 1.4055 Source: OCBC
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    • Article
      Lock icon PALM OIL
      74 24 Jun 11 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Jun 10 2549 2525 2560 2540 2672 1822 Jul 10 2449 2430 2462 2430 2124 ***** Aug 10 2407 2386 2419 2379 ***** ***** Sep 10 2385 2360
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      Lock icon SGX DERIVATIVES TRADING
      359 24 Jun 11 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Jun10 99.4600 0 2296 Sep10 99.3250 0 2975 Dec10 99.2000 0 1053 Mar11 99.0550 0 1925 EUROYEN TIBOR FUTURES Jun10 99.6150 99.6150 99.6125 99.6125 136 3492 Sep10 99.6400 560 3747 Dec10 99.6450 0 1411 Mar11 99.6550 0
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      Lock icon SICOM FUTURES
      136 24 Jun 11 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Jul 10 342.0 339.9 339.9 44 Aug 10 317.5 Sep 10 302.5 Oct 10 295.0 Nov 10 288.0 Dec 10 288.0 288.0 286.5 40 Jan 11 286.5 120 Feb
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      Lock icon GOVERNMENT SECURITIES
      88 24 Jun 11 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****N 09.09.2010 0.30 1-Year BY*****W 03.05.2011 0.37 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0A 2.625 01.04.2012 103.86 103.88 103.88 5-Year N*****0N 1.375 01.10.2014 102.18 102.36 102.25
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      Lock icon CHICAGO BOT
      105 24 Jun 11 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jul 10 946.25 935.00 947.50 930.50 Aug 10 929.25 915.50 929.50 912.00 Sep 10 910.75 899.75 913.75 897.25 Nov 10 909.25 894.75 910.75 891.75 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Jul 10 36.90 36.75 37.01
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    • Article
      Lock icon CRUDE OIL & PRODUCTS
      77 24 CRUDE OIL PRODUCTS Jun 10 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 75.91 0.74 WTI (Near Mth) 75.60 1.67 Dubai (1-Mth F) 73.79 1.78 Tapis blend 78.50 1.90 Minas 77.00 2.10 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 71.00 0.45 Jet Kerosene 85.00 1.15 US$/barrel Opec Oil
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    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      2469 24 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Tel Last Vol Conv Exer Disc Gear-Mths Code Company Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 3 -0.5 7 1 15 12 5.33 47 4085 ASJ Hldgs W*****1 3 1 4 8 2.17 20 2036 Advance SCT Ltd W*****9 0.5 1 87
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      Lock icon THE BUSINESS TIMES SHIPPING TIMES
      5890 25 BALISA SHIPPING TRADING PTE LTD 8 Shenton Way, #40-03A, Singapore *****1 Tel: 6345 5700 Fax: 6345 5227 Email: singapore@balisagp.com CR NO. **********0W UK CONTINENT SERVICE U.S.A. SERVICE Destination STXPO TBN Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Destination STXPO TBN New Orleans/Camden *Loads E./W.
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      Lock icon INTERBANK CROSS RATES
      465 24 Jun 11 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.873 5.769 0.697 6.582 39.573 77.648 0.774 10.524 2.772 1.237 72.015 39.383 1.187 6.508 0.965 27.343 27.434 0.575 0.845 Canada 1.145 6.607
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      Lock icon SIBOR
      85 24 Jun 11 (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$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      154 24 Jun 11 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1865 1.1878 0.8444 0.8446 Canadian dollar 1.3589 1.3605 0.9671 0.9674 Euro 1.7013 1.7029 1.2108 1.2109 NZ dollar 0.9590 0.9602 0.6825 0.6828 Sterling pound 2.0634 2.0660 1.4685 1.4691
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    • Article
      Lock icon PRECIOUS METALS
      138 24 Jun 11 GOLD (US$/oz) Jun 10 Jun 11 Hong Kong 1223.40 1220.60 Jun 11 Jun 10 London 1226.15 1223.90 1227.15 1224.65 Source: Thomson Reuters CAST BAR Jun 11 (S$) Selling Buying Kilobar 59,233.06 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 132.68 55 5gm 376.64 276 10gm 673.03
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    • Article
      Lock icon LONDON METALS
      71 24 Jun 11 Jun 11 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 1914.50 1917.50 3 months 1945.00 1949.00 Copper, Grade A (US$/tonne) Cash 6456.00 6382.25 3 months 6479.00 6410.00 Lead (US$/tonne) Cash 1649.25 1664.50 3 months 1670.00 1684.00 Nickel (US$/tonne) Cash *****.50 *****.00 3 months *****.00 *****.00 Tin (US$/tonne)
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    • Article
      Lock icon LIFFE
      82 24 Jun 11 COCOA (£/tonne) Close Prev High/Low Jul 10 2458 2496 2517/2452 Sep 10 2344 2341 2372/2327 Dec 10 2278 2276 2301/2267 Mar 11 2244 2239 2266/2231 COFFEE (US$/tonne) Close Pev High/Low Jul 10 1560 1473 1579/1478 Sep 10 1524 1473 1538/1474 Nov 10 1533 1491 1541/1489 Jan 11
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  • Page 25 Advertisements
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      29 25 Shipping lines seeking reliable logistics partners Can they find your services Here in -the Shipping TO ADVERTISE, CA.LI IOE WONG AT 9620 1 327 THE BUSINESS TIMES SHIPPING TIIVIES
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  • Page 26 Advertisements
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      Lock icon Page 26 Advertisements Column 1
      45 26 USE THIS SPACE TO SELL CALL JOE WONG AT 9620 1327 TO ADVERTISE BUSINESS TIMES SHIPPING TIMES r FREIGHT FORWARDER urgently needed by shippers 1 Can they find your here in the Shipping Times? THE BUSINESS TIMES TO ADVERTISE, CALL JOE WONG AT 9620 1327
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  • BizIT
    • Article, Illustration
      Lock icon Brocade unveils new data centre strategy
      872 28  -  Networking major sees dramatic reduction in data-centre and networking costs through its Brocade One Reports by AMIT ROY CHOUDHURY NETWORKING solutions major Brocade last week threw down a challenge to its competitors by unveiling its Brocade One unifying network architecture and strategy. At the
      872 words
    • Article
      Lock icon Crucial role for Singapore
      183 28 WHILE China and India remain the major growth markets for Brocade in Asia-Pacific, Singapore also plays a vital role. Mark Klayko, Brocade’s CEO, told BizIT that Singapore is a very important market for the company. But besides that, it is the Asia-Pacific headquarters for the company
      183 words
    • Article, Illustration
      Lock icon Singapore well aware of cyber threats: security guru
      584 27  -  Governments must get together to set up a cyber threats exchange Reports by RAJU CHELLAM THE Singapore government understands the gravity of risks that cyber threats and cyber attacks pose and is taking steps to monitor and be “situationally aware” if and
      584 words
    • Article
      Lock icon Security software to grow 21% in 2010 in Asia
      368 27 THE security software market, which rebounded during H2 2009, is now set to grow by a robust 21 per cent in all of 2010 over 2009 across the Asia-Pacif-ic region outside of Japan (APE J). This compares to just 3 per
      368 words
    • Article
      Lock icon Increase in Asian Net users to benefit Singapore
      193 27  -  By JASLENE PANG THE “next billion” wave of Internet users will be from Asia, says the Media Development Authority’s deputy CEO, Michael Yap. The world’s most lucrative social network service isn’t Facebook, it’s China’s Tencent, whose 2009 revenue of $1.8 billion is
      193 words
    • Article
      Lock icon PC Show tops $50m in sales
      211 27  -  This year’s show has seen more than 600 exhibitors By RAJU CHELLAM THE PC Show 2010 may have crossed last year’s mark of $52.1 million in sales at the close of business last night in Singapore. According to the show’s organisers Lines Exposi- tion
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    • Article, Illustration
      Lock icon Motorola’s Milestone hits our shores
      203 27  -  By CHAN CHAN YUPING MOTOROLA and StarHub have unveiled the Motorola Milestone XT their latest offering in the string of Android smartphones to hit stores this year. Boasting a large, highresolution 3.7-inch pinch-and-zoom screen, the Motorola Milestone XT is the first smartphone on the Android
      203 words
    • Article, Illustration
      Lock icon Looking beyond the specs
      942 27  -  The iPhone 4’s hardware is its least interesting aspect <viewIT> By CHRISTOPHER LIM IT’S nice to get new iPhone hardware once a year, but far too much focus has been given to the iPhone 4’s specifications since its announcement last week at Apple’s Worldwide Developers Conference
      AP  -  942 words
    • <what’s up>
      • Article
        Lock icon GfK Asia appoints new PR manager
        90 27 RETAIL and technology market data provider GfK Asia announced the appointment of Seraphina Wee as regional manager of public relations (PR) and communications, based in Singapore, last week. Ms Wee will be responsible for PR and corporate communications across the nine Asian countries covered
        90 words
      • Article
        Lock icon Lenovo launches five products
        117 27  -  Compiled by JASLENE PANG LENOVO unveiled five new products last week. The Lenovo L2230x wide monitor priced at $259.99 attaches to ultraportable laptops while the ThinkVision L2321x wide monitor priced at $279.99 combines two screens into one for multitasking and running applications using a widescreen display.
        117 words
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