The Business Times, 21 June 2010

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Microfilm: NL30704
Total Pages: 28
1 28 The Business Times
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  • Title Section
    Lock icon Masthead
    23 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg Sjil A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 123/08/2009 Monday, June 21,
    23 words
  • Article
    Lock icon Beijing rules out one-off yuan appreciation
    619 1 Central bank says it will keep rate at a stable level Reuters [BEIJING] China will keep the yuan’s exchange rate at a basically stable level, the central bank said yesterday, suggesting that the country’s new currency regime will look a lot like the old
    Reuters  -  619 words
  • 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 2,833.40 +37.11 KL COMP 1,317.69 +23.02 NIKKEI 225 9,995.02 +289.77 HANG SENG 20,286.71 +414.33 SET INDEX 791.85 +22.30 JAKARTA COMP 2,929.59 +127.69
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  • Article
    Lock icon 60% of lease top-up bids approved since 2007
    1090 1  -  More owners expected to seek lease top-ups as stock of buildings on earlier govt sales sites gets older By KALPANA RASHIWALA [SINGAPORE] As the stock of buildings developed on 99-year leasehold sites sold by the government since the late 1960s gets older,
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      60 1 YOUNG INVESTORS' FORUM Effect of media coverage on stocks PAGE 12 BizIT Asia leads in broadband growth PAGE 28 OIL SPILL Wall St touts BP stock amid crisis PAGE 18 DINING OUT Carousel’s buffet with a difference PAGES 21 PATEK PHILIPPE GENEVE Begin your own tradition. \?s > riw. 7
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  • TOP STORIES
    • Article
      Lock icon THREE-MINUTE DIGEST
      551 2 60% of lease top-up bids approved since 2007 AS the stock of buildings developed on 99-year leasehold sites sold by the government since the late 1960s gets older, more building owners are expected to apply for lease top-ups. Since 2007, the Singapore Land Authority has processed 56 applications
      551 words
    • Article, Illustration
      Lock icon Four years of restructuring pay dividends for MAS
      837 2  -  Everything is in place for sustained growth and profits, says CEO By VEN SREENIVASAN [SINGAPORE] After four years of restructuring, Malaysia Airlines (MAS) is set to take off for sustained growth and profits. So says its new chief executive, Azmil Aziz. “We
      837 words
    • Article
      Lock icon EDB to make S’pore a living lab
      733 2  -  It will set aside $100m to develop urban solutions here By TEH SHI NING [SINGAPORE] The Economic Development Board (EDB) has sharpened its strategy to make Singapore a “living lab” for urban solutions. With $100 million set aside for EDB to facilitate private
      733 words
    • Article
      Lock icon Dual listings may not boost valuations
      1116 4  -  How share prices do depends more on fundamentals, say analysts By LYNETTE KHOO [SINGAPORE[ Dual listings may be over-hyped, going by the share price performance of companies that have announced or undertaken such exercises. Close to half the S-chips, or Chinese firms listed on
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    • Article, Illustration
      Lock icon Trend seems towards lower volatility
      930 4  -  This should sound like a small slice of heaven to investors WALL STREET INSIGHT By ANDREW MARKS TEPID, choppy, rangebound these are the words traders and Wall Street analysts were using to describe the market at the end of another see-saw week that again finished
      AP  -  930 words
    • Article
      Lock icon QIA to invest US$2.8b in AgBank IPO
      514 4 Deal with Dohabased fund signed on June 17: sources Bloomberg Reuters AFP [SHANGHAI] The Qatar Investment Authority (QIA), the Doha-based sovereign wealth fund, has agreed to invest US$2.8 billion in Agricultural Bank of China Ltd’s initial public offering, according to two people with
      Bloomberg; Reuters; AFP  -  514 words
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      229 2 4000 INTERNATIONAL STANDARD BOOTHS YOUR GATEWAY TO A HUGE MARKET WITH 1.9 BILLION CONSUMERS THE 7TH CHINA-ASEAN EXPO OCT. 20-24, 2010 NANNING CHINA 1 Pavilion of Commodity Trade Pavilion of Trade in Services "i Pavilion of Investment Cooperation t Pavilion of Advanced Technology •> Pavilion of Cities of Charm B
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      39 2 gMNGAEQJKsj F&0SHLE BINJAfi evemm 984M§SS| Newsman Reoltu, Rte^Ltdl Sole Marketing flgentj 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 y House
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      13 2 Worldwide Hotel Reservation Air Ticketing caii us 6733 2808 or www.luxury.com.sg 8 Tt
      13 words
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      110 3 Turkey has over three times as many acres of vineyards as South Africa. Next time you share a Chardonnay, have a peek at the label. It might surprise you. A new country is pleasing the palate of wine connoisseurs. And while it plants, nurtures, treads and tastes, it helps an
      110 words
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      1307 4 adv IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF HIGHLANDER INTERNATIONAL TRADING (BJ) PTE. LTD. (In Members’Voluntary Liquidation) CO. REG. NO. *****3009H NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the Companies Act, Chapter 50, the Final Meeting of the Member of the
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      171 5 THE WIMBLEDON CHAMPIONSHIPS THE ALL ENGLAND LAWN TENNIS AND CROQUET CLUB LONDON, ENGLAND JUNE 2 I ST TO JULY 4T H, 2010 Inscribed above the players' entrance to Centre Court is the biggest "If" in all of sport. Few will ever earn the right to see Kipling's words there. But
      171 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Penny stock churning to dominate trading
      703 6  -  STOCKS R SIVANITHY Senior Correspondent TECHNICALLYinclinedobservers would probably be slightly concerned with the way that daily volume had been hovering around the $1 billion mark over the past fortnight. How things change 10 years ago, $500 million daily turnover was considered good; today, $1
      703 words
    • Article
      Lock icon Hedging and trading in energy markets
      455 6  -  COMMODITY WATCH By AVTAR SANDU The writer is Asian commodities manager ENERGY futures and options are the most actively traded commodities with volumes exceeding two million contracts daily worldwide. Energy futures and options have played an important role in hedging against fluctuations in the
      455 words
    • Article
      Lock icon Euro up as Europe debt concerns ease
      485 6 CURRENCIES Bloomberg [NEW YORK] The euro rose the most last week against the greenback in more than a year as an easing in concern over Europe’s debt crisis spurred traders to end bets that the shared shared currency would decline. The euro appreciated
      Bloomberg  -  485 words
    • Article
      Lock icon BROKERS’ RECOMMENDATIONS
      1464 6 Consensus No. of Forecast Mean Fri’s recommendation esti-EPS PE target price Company name This wk Last mth mates (cents) (ratio) price Allgreen Prop Ltd 2.55 2.00 11 11.20 9.83 1.33 1.05 ARA Asset Management Ltd 1.75 1.67 4 7.30 14.80 1.23 1.07 Armstrong Ind Corp Ltd 1.00 1.00
      1,464 words
    • Article
      Lock icon RISES
      116 6 BY CENTS CLOSE UP DBXT Nifty 10US$ ***** 432.2 2.8 DBXT MSEurope 10US$ 3790 401.7 8.3 GLD 10US$ ***** 339.4 2.0 DBXT E50 10US$ 3597 302.0 6.5 Jardine C&C 3100 198.0 6.8 Lyxor Europe 10 US$ 1128 142.7 10.0 DBXT FTVietnam 10US$ 4434 127.4 2.1 DBXT FTChina25 10US$ 2929
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    • Article
      Lock icon FALLS
      116 6 BY CENTS CLOSE DOWN OUE 1154-476.0 -29.2 DBXT S&P Short 10US$ 5248-210.6 -2.8 JSH 2018-141.3 -4.8 Westech Elec 10 240-120.0 -33.3 WesTech 260 -95.0 -26.8 SIA 1426 -46.0 -3.1 HK Land 484 -42.9 -6.0 SIA.ES.1006 1432 -40.0 -2.7 DBXT STGLDv100 10US$ 2621 -37.4 -1.0 SIA 200 1432 -32.0 -2.2
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    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 6 WEEKLY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      66 6 Jun 18 VALUE CLOSE BT OB/OS 282.00 -97.00 BT CADI -*****.00 -10.00 BT 10-day MA -*****.00 +28.00 FTSE ST Mid Cap 690.44 +1.37 FTSE ST Small Cap 526.77 +0.57 FTSE ST All Share 699.37 -1.77 FTSE ST China Top 264.46 -1.37 FTSE ST China 285.02 -7.10 FTSE
      66 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      57 6 VOLUME Genting SP 437,676,000 Z-Obee Hldgs 256,049,000 Golden Agri 249,936,000 Healthway 221,975,000 Cosco Corp 102,481,000 China Hongxing 102,429,000 Baker Tech 97,129,000 Armstrong 89,432,000 Noble Grp 87,467,000 Yangzijiang 83,734,000 VALUE($) Genting SP 481,254,180 CapitaLand 289,224,832 Keppel Corp 280,663,154 UOB 257,067,384 SingTel 249,068,100 DBS Grp 242,490,831 OUE 232,258,200 SIA
      57 words
    • Article
      Lock icon CURRENCIES
      87 6 Where S$ stands Jun 18 CHNG YR 2010 CLOSE FR Jun 17 S$ LOW S$ HIGH US$ 1.3882 0.38 1.4219 1.3680 Euro 1.7171 0.46 2.0153 1.6886 Pounds 2.0552 0.24 2.2831 2.0003 A$ 1.2057 0.12 1.2960 1.1515 Yen* 1.5321 -0.39 1.5927 1.4467 Rupiah* 0.***** -0.30 0.***** 0.***** Baht* 4.2832 0.38
      87 words
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon Roxy-Pacific expects another strong year
      1897 7  -  The property and hospitality group eyes joint ventures to grow its business By SUKI LOR TEO HONG LIM and his three brothers have most of the bases covered when it comes to managing RoxyPacific Holdings, the property and hospitality group built up by their father.
      ARTHUR LEE  -  1,897 words
    • Article
      Lock icon Parkway tussle reflects clash of corporate cultures
      657 9  -  Fortis’s aggressive corporate style contrasts with more conservative M’sians By S JAYASANKARAN THE soured relations between India’s Fortis Healthcare and Malaysian sovereign wealth fund Khazanah Nasional can be traced back to the dominant nature of the Singh brothers who control the Indian group,
      657 words
    • Article
      Lock icon PRIME LENDING RATES
      403 9 Jun 18 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
    • Article
      Lock icon COMPANY MEETINGS
      270 9 COMPANY MEETING PLACE DATE TIME San Teh Ltd E Grand Mercure Roxy Hotel, Roxy 1, Level 4, 50 East Coast Road, Singapore *****9 22-Jun 3.00pm Shining Corp E 11 Changi South Street 3, #04-01, Singapore *****2 22-Jun 3.00pm Cheung Woh A 23 Tuas South Street 1, Singapore *****3
      270 words
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      105 7 FX/CFD trading If you're thinking... 'an increase in US dollar supply could affect the EUR/USD/ contact us. m K m. H o'-3 o vX 0 IS Pi m ■i IS Global events affect the financial markets. Trade EUR/USD from 1 pip and enjoy automatic rebates, plus shares, indices and more.
      105 words
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      17 7 This article first appeared in the June edition of Pulses, a publication produced by The Business Times
      17 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Small caps rebound on low volume
      1497 8  -  TEH HOOI LING Senior Correspondent SINGAPORE’S small cap stocks rebounded strongly, albeit on relatively low volume. All our portfolios advanced. The average being 3.5 per cent compared with last week. This outpaced the 1.3 per cent advance chalked up by the blue chip Straits
      1,497 words
    • Article, Illustration
      Lock icon Director buying activity stays flat, selling remains low
      1280 8  -  INSIDE MARKETS By ROBERT ROBERT HALILI The writer is managing director, Asia Insider Limited THE buying was flat while the selling among directors remained low based on filings on the exchange from June 14-18. A total of 13 companies recorded 24 purchases
      1,280 words
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      102 9 unning late in filing w Aur accoun Call 6-222 6868 to find out more today. AccountServe www.AccountServe.com.sg Head to CATS FASTADS in The New Paper for education options! MATS BUY IT-SELL IT• FIND IT DB Platinum Branchen Stars R1C-A EUR db X-MACROTrading Index Fund I4D GBP DB Platinum II 14.06.10
      102 words
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  • SINGAPORE NEWS
    • Article
      Lock icon Oil traders finding it hard to make money in Q2
      517 10  -  Trading volume for all oil products shrank by 10% over last few months By RONNIE LIM IT’S been tough times with lean pickings for oil traders here in the second quarter. “The last few months have been challenging, with limited
      517 words
    • Article, Illustration
      Lock icon Training social entrepreneurs starts young
      811 10  -  More than making money, JA teaches kids biz ethics too By OLIVIA HO FINANCIAL literacy for kids may be all the rage these days, but programmes such as Junior Achievement (JA) are taking it one step further by including business ethics. “Some other organisations just
      PHOTO: FEDEX  -  811 words
    • Article
      Lock icon Seven nanotech start-ups to showcase services in US
      196 10 SEVEN nanotechnology companies based in Singapore will be showcasing their technologies and services at one of the world’s largest nanotechnology expos. International Enterprise (IE) Singapore is leading the firms in making their debut appearance at the Nanotech Conference Expo 2010, held in
      196 words
    • Article
      Lock icon Singapore among top 25 most liveable cities: survey
      518 10  -  Low crime rate, ease of setting up business and timely emergency services By CHAN CHAN YUPING THERE’S no lack of Starbucks or Zara here, and certainly not sunshine, but still Singapore has slipped three rungs to 21st in a global ranking of
      518 words
    • Article
      Lock icon DIVIDENDS ANNOUNCED
      598 10 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 Aspial Corp ak 0.500 28-Jul 30-Jul 16-Aug Australand
      598 words
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  • Page 10 Miscellaneous
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      166 11 New Headquarters, New Milestone Corporate Service Counters State-Of-The-Art Auditorium CoveredTerraces with PanoramicView E-ServicesStations Morethan200WorkStations ASIA PACIFIC RESIDENTIAL AG OrangeTee, the best real estate agency in Singapore*, has moved to a new headquarters located next to HDB Hub. The 16-storey modern office development is equipped with state-of-the-art facilities ----a one-stop centre
      166 words
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  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • Article, Illustration
      Lock icon Effect of media coverage on stocks
      880 12  -  KEVIN TAN Study shows investing in unknown stocks could yield higher returns, reports KEVIN TAN BY betting on stocks that lack media coverage, investors may be doing themselves a favour, according to a new research paper by two Insead professors. The study by assistant
      880 words
    • Article, Illustration
      Lock icon Fledging media design team puts plans into motion
      1105 12  -  CAMPUS LIFE By OLIVIA OLIVIA HO WHEN Iron Man 2 hit theatres in Singapore, most viewers probably left the cinema discussing the explosive ending or Robert Downey Jr’s suave looks. But four young men in the audience were thinking: “Wow, cool effects.
      ARTHUR LEE  -  1,105 words
  • Page 12 Advertisements
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      284 12 This article was first published on the Insead Knowledge portal in May 2010 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
      284 words
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  • ECONOMY WATCH
    • Article
      Lock icon Fed likely to hold rates to support fragile recovery
      644 13 FOMC expected to leave target federal funds rate between zero and 0.25% AFP [WASHINGTON] The US Federal Reserve meets this week to determine monetary policy aimed at supporting a fragile economic recovery which allows little room for manoeuvre to change ultra-low
      AFP  -  644 words
    • Article, Illustration
      Lock icon Britain gets ready for big spending cuts, tax hikes
      570 13 New govt’s austerity budget seeks to tackle record deficit AFP [LONDON] Britain is preparing for big spending cuts and tax hikes in the new government’s emergency budget tomorrow as Prime Minister David Cameron’s coalition attacks a record deficit. Chancellor of the
      AFP; REUTERS  -  570 words
    • Article
      Lock icon IMF wants bigger role for central banks
      251 13 Reuters [MOSCOW] The International Monetary Fund on Friday called for central banks to play a bigger role in preserving financial stability as the world emerges from its worst crisis in decades keen not to repeat its mistakes. “Countries around the world are working
      Reuters  -  251 words
    • Article
      Lock icon Japan to raise growth forecast to 2.6%: NHK
      243 13 Reuters [TOKYO] Japan will raise its growth forecast for the 2010/11 business year to 2.6 per cent as recovery in the world’s second-largest economy gains momentum due to brisk exports to Asia, national broadcaster NHK said yesterday. It would be the first
      Reuters  -  243 words
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon Going beyond good corporate citizenship?
      667 14  -  Minorities query donations to university MALAYSIA INSIGHT PAULINE NG KL Correspondent AMERICAN billionaires Bill Gates and Warren Buffett have a grand plan: co-opt fellow billionaires into giving at least half of their considerable wealth to charity. The two billionaire icons have already given hundreds of
      667 words
    • Article, Illustration
      Lock icon Tenaga to bid for RM7b power project
      574 14 It may have to compete with MMC and Jimah Energy Bloomberg [KUALA LUMPUR] Tenaga Nasional Bhd, Malaysia’s state-controlled generator, will bid for a RM7 billion (S$3 billion) government project to upgrade power plants as the economic recovery boosts electricity demand. Construction of a
      Bloomberg; BLOOMBERG  -  574 words
    • Article
      Lock icon Indonesian tin smelter shuts, others may follow
      354 14 Reuters [PANGKAL PINANG, Indonesia] A tin smelter on Bangka island, Indonesia’s main source of tin, has shut down because of financial difficulties, and overcapacity may cause others to follow suit, industry players said on Friday. Indonesia, the world’s biggest tin exporter, is expected
      Reuters  -  354 words
    • Article
      Lock icon Indo’s sugar to double despite climate deal
      342 14 Reuters [JAKARTA] A climate change deal with Norway to save natural forest will not hamper Indonesia’s effort to double its sugar output by 2014 as the extra land needed will not use primary forests, the agriculture minister said on Friday. Indonesia will suspend
      Reuters  -  342 words
    • Article
      Lock icon BURSA MALAYSIA
      2034 14 VOL Jun 18 RM +/-(‘000) A M Realty 0.54 unch 10 Abric Bhd 0.20 unch 0 Advance Synerg 0.14 unch 68 Adventa Bhd 3.19 0.04 207 Ae Multi Hldgs 0.53 unch 530 Affin Holdings 3.09 unch 2099 Ahmad Zaki Res 0.81 0.03 160 Aic Corp 0.72 0.01 20
      2,034 words
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      23 14 tt-S*®#. Lianhe Zaobao How have strikes and paydemands in China impact on S-Chips? ■X* ADiSS&SS To subscribe, call 6388-3838 or go to sphsubscription.com.sg
      23 words
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  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon Mukesh unveils big push into power sector
      825 15 But investors are not happy with lack of specific plans from Reliance Industries Reuters [MUMBAI] Mukesh Ambani’s Reliance Industries, recently freed from a pact that banned it from competing with his brother’s firms, unveiled a push into the power sector that gave little
      Reuters; AP  -  825 words
    • Article, Illustration
      Lock icon Macau gaming sector to see big growth: Adelson
      290 15 Casino revenue will rise more than 30% in H2, he says Bloomberg [HONGKONG] Macau’s casino revenue will increase more than 30 per cent in the second half of this year as growth in the world’s biggest gaming hub is being sustained, Las
      Bloomberg; AFP  -  290 words
    • Article
      Lock icon Agriculture growth key to food security: India PM
      264 15 AFP [NEW DELHI] India faces a challenge to ensure food security for its fast-growing population of over one billion people, Prime Minister Manmohan Singh said on Saturday. “We must endeavour to raise our agricultural growth rate from around 2 per cent per
      AFP  -  264 words
    • Article
      Lock icon RBS in talks to sell Indian unit to HSBC: sources
      649 15 RBS is accelerating international asset disposals Bloomberg [LONDON] Royal Bank of Scotland Group plc (RBS) is in talks to sell its Indian commercial and retail unit to HSBC Holdings plc as Britain’s biggest govern-ment-owned bank accelerates international asset disposals, according
      Bloomberg  -  649 words
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  • ASIA-PACIFIC/WORLD
    • Article
      Lock icon Telstra agrees to help build national broadband network
      536 16 Deal could win votes for govt and ease uncertainty for Telstra investors Reuters [CANBERRA] Australian phone giant Telstra Corp agreed yesterday to help build a national broadband network worth up to US$37 billion, a deal that could win votes for the government
      Reuters  -  536 words
    • Article, Illustration
      Lock icon Global bank tax set to stir up more controversy
      713 16 RUN-UP TO G-20 SUMMIT AFP [WASHINGTON] Proposals to slap taxes on banks to help pay for any future global financial crises are set to bedevil G-20 talks in Canada this week, pitting rich nations against emerging nations. But despite opposition, the
      AFP; REUTERS  -  713 words
    • Article
      Lock icon Europe to urge exit from stimulus schemes at G-20: Merkel
      331 16 Reuters [BERLIN] Europe will push for a swift exit from fiscal stimulus programmes and a focus on budget consolidation at the G-20 meeting this week, German Chancellor Angela Merkel said on Saturday. “European participants are of the opinion that this
      Reuters  -  331 words
    • Article
      Lock icon Role reversal as Russia worries over Europe’s finances
      539 16 Russia now widely praised for prudent fiscal management AFP [SAINT PETERSBURG] It is something of a role reversal. When Russia in 1998 defaulted on its sovereign debt in the wake of the Asian financial crisis, it sent economic shockwaves around Europe and
      AFP  -  539 words
    • Article
      Lock icon US nearer to plan for swap desks: Frank
      466 16 Reuters [WASHINGTON] A version of a controversial plan to force banks to put swaps dealing desks in a subsidiary will be part of a final regulatory reform bill being hashed out by US lawmakers, Representative Barney Frank said, according to Politico. Mr
      Reuters  -  466 words
    • Article
      Lock icon Plane carrying Aussie mining execs missing
      291 16 Flight was en route from Cameroon to Congo-Brazzaville AFP [SYDNEY] Fears grew for a group of Australian mining executives yesterday after their plane disappeared en route from Cameroon to Congo-Brazzaville, the Australian government and the firm said. Australian Foreign Minister Stephen Smith said 10
      AFP  -  291 words
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  • FOCUS: YUAN MOVES
    • Article, Illustration
      Lock icon No fast rise seen after the depegging
      1167 17 There are many reasons to assume gradualism will be the initial watchword for China’s central bank Reuters [BEIJING] AMBASSADORS to China are only occasionally summoned by the foreign ministry to be told that an announcement of international significance is due. That was the
      Reuters; REUTERS  -  1,167 words
    • Article, Illustration
      Lock icon US not ready to let China off the hook
      955 17 Lawmakers aim to renew drive to punish China for suppressing yuan Reuters [WASHINGTON] China’s signal that it will ease its currency’s 23-month-old peg to the US dollar will spare the country from US lawmakers’ wrath only if it opens the door
      Reuters; AFP  -  955 words
    • Article
      Lock icon US Treasuries face test from China’s yuan announcement
      790 17 Reuters [NEW YORK] The US Treasury market may be vulnerable to a sell-off today on fear that China’s move to allow more flexibility for its currency means the world’s largest holder of US sovereign debt will cut future purchases. Adding to market
      Reuters  -  790 words
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  • FOCUS: OIL SPILL
    • Article
      Lock icon Wall St touts BP stock amid crisis
      1251 18 The unanimity of error has exposed the conflicts and weaknesses facing sell-side analysts, despite a decade of much-heralded reform Reuters [BOSTON] AS early word of BP’s Deepwater Horizon blowout began spreading, investors panicked. After closing above US$60 before the April 20 disaster, the
      Reuters  -  1,251 words
    • Article, Illustration
      Lock icon BP chief’s appearance at yacht race sparks new controversy
      871 18 His role in daily operations in the gulf is also the topic of further speculation NYT [NEW YORK] BP officials scrambled on Saturday to respond to another public relations mess when their embattled chief executive, Tony Hayward, spent the day off
      NYT; PHOTOS: AP, BLOOMBERG  -  871 words
    • Article, Illustration
      Lock icon Pay czar Kenneth Feinberg turns from bankers to BP
      675 18 He will oversee US$20b special fund set up to pay damage claims Reuters [WASHINGTON] As US public outrage turns from banker pay to the massive BP oil spill, the government is again calling in a man with a reputation for dealing
      Reuters  -  675 words
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  • WORLD CUP
    • Article, Illustration
      Lock icon Kiwis stun defending champs in 1-1 draw
      646 19 Result leaves Italy perilously close to elimination as Paraguay beat Slovakia 2-0 Reuters [NELSPRUIT, South Africa] World champions Italy suffered an embarrassing 1-1 draw with underdogs New Zealand in their second World Cup Group F match yesterday, a result which complicates their chances
      Reuters; PHOTOS: REUTERS, AP  -  646 words
    • Article, Illustration
      Lock icon French failings entirely of their own making
      870 19 IHT [JOHANNESBURG] France is in trouble at the World Cup, and the situation is entirely of its own making. The rifts within the French camp and the ineffectual work of the coach, Raymond Domenech, were laid bare in a goalless game against Uruguay
      IHT; AFP  -  870 words
    • Article
      Lock icon Wall St traders go World Cup crazy as markets languish
      542 19 Reuters [NEW YORK] With the US team playing in the World Cup tournament, Wall Street traders are taking advantage of mediocre volume to focus on the games, with trading floor atmosphere anything but dull. US equity markets and indexes have
      Reuters  -  542 words
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  • AVIATION/SHIPPING
    • Article, Illustration
      Lock icon Airline alliances proving their worth
      623 20 System helps carriers cope with troubled times, target China market AFP [PARIS] The major airline alliances Star Alliance, SkyTeam and Oneworld are proving their worth as carriers cope with troubled times and target China, one of the fastest growing travel markets. The three partnerships, originally
      AFP; REUTERS  -  623 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2943 20 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi SQ457 1230 SQ456 1250 EY473 1950 Adelaide LH9771 1745 LH9770 2350 SQ278 1745 SQ279 2350 VS7268 1745 VS7279 2350 Amsterdam SQ323 0605 LO4032 2345 US5410 0605 SQ324 2345 AZ3992 1525 US5411 2345 KL835 1525 Athens SQ348 0105 Atlanta DL281
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    • Article
      Lock icon US airlines cut capacity, charge higher fares
      609 20 Load factors exceed 80% for most carriers in May Reuters [CHICAGO] Pay more. Get less. Get used to it. This is the message US airlines have for their customers this year although they tend to use different phrasing. Years of financial hardship, have
      Reuters  -  609 words
    • Article, Illustration
      Lock icon Easier for shipping firms to borrow now
      390 20 Bloomberg [LONDON] Shipping companies can borrow money more easily now than a year ago, when the banking industry was roiled by the world financial crisis, said commodity carrier Paragon Shipping Inc. “It’s to do with the situation within banks themselves,” Michael Bodouroglou, the
      Bloomberg; AP  -  390 words
    • Article
      Lock icon TRANSPORT STOCKS
      275 20 SGX '000 Jun 18 S$ +/-Vol CH Offshore 0.53 0.01 297 Chuan Hup Hldg 0.27 -0.01 85 Cosco Corp 1.49 -0.01 7933 CWT Ltd 0.93 unch 1044 Ezra Hldgs 1.96 0.03 4349 First Ship Lea 0.38 0.01 8809 Freight Links 0.05 unch 2197 Grand Banks 0.40 unch 4
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  • Page 20 Miscellaneous
    • Miscellaneous
      Lock icon Page 20 Miscellaneous Column 1
      322 20 CRYPTIC CROSSWORD Across 8 Superficial exhibition entertaining everyone (7) 10 Fruit and eggs backed by poster in firm (7) 11 Uncomfortable line volunteers recalled in middle of big contract (3,2,4) 12 Maybe baby one to tinkle? (5) 13 Cream? End of regime low in calories (5) 14 Warship bringing doom
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  • DINING OUT
    • Article, Illustration
      Lock icon Avant-garde cuisine at buffet
      771 21  -  By Geoffrey Eu MENU ADDITIONS Carousel Royal Plaza on Scotts, 25 Scotts Road. Tel: 6737-7966 THERE'S something strangely disturbing and a little surreal about hitting the buffet line at a busy restaurant to suddenly find yourself confronted by the spirit of Ferran Adria, the Catalonian chef
      771 words
    • Article, Illustration
      Lock icon Good food on the whole
      490 21  -  By Cheah Ui-Hoon NEW RESTAURANT Khmer Delight 922, East Coast Road Tel: 6449-1529 THE thing about ethnic food that’s done well is that you don’t really need to worry about “authenticity” or have been to the country to appreciate it. That’s the case for Khmer
      490 words
  • Page 21 Advertisements
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      119 21 fWSTViUtl^® 111^ www.radio913.c< WINE DINE AND HOSPITALITY Reach Serioiis Gourmets In This Targeted Space 6319 1559 6319 6127 6319 2129 *****650 9690 3432 9681 8289 9730 7101 *****919 Lina Tan Alisa Tan Jeffrey Nah Alfred Lee 6319 2045 *****480 6319 2054 6319 2037 *****355 9154 8381 9623 2128 9673 3578
      119 words
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      Lock icon Page 21 Advertisements Column 2
      19 21 世 http://south-africa-2010.omy.sg 网 Ris Low 设性感足各国赢精上 VODCAST Ris Low 亲 iPhone
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      9202 22 Week ended: Jun 18 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 7 3148 8Telecom 15.5 +1 429 15.5 15 15 15.5 1.7 11.7 5 74.2 10 5.5 5834 A-Sonic
      9,202 words
    • Article
      Lock icon SGX CATALIST
      1973 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 $mil 10 5 1181 t AA Grp 6 5 7 33.3 5.8 25 13 8538 t APStrategic 18 +2 ***** 18 14.5 16.5
      1,973 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      113 23 Stock name Close Change Stock name Close Change Stock name Close Change CapMallsAsia 2.160 CapitaLand 3.700 -0.030 CapitaMall 1.870 -0.030 CityDev 10.540 -0.020 ComfortDelGro 1.450 +0.020 DBS Grp 13.580 -0.140 F&N 4.980 +0.040 Genting SP 1.140 +0.020 Golden Agri 0.540 HK Land 4.840 -0.220 JMH 36.180
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    • Article
      Lock icon STOCKS ASIA
      2693 23 Transaction date: Jun 18 For a full listing of the closing prices, log on to BT online at http://business-times.asia1.com.sg after 11.30pm every trading day HONG KONG Vol HK$ +/-'000 Aeon Credit 6.40 0.02 2 Aeon Stores 11.20 unch 0 Angang Steel 10.00 0.07 ***** Anhui Conch 25.40 0.10
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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 9 6 3 0 0 0 9 6 3 Manufacturing 121 36 59 12 8 15 133 44 74 Commerce 44 19 15 6 7 5 50 26 20 Tpt/Stor/Comms 31 10 4
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    • Article
      Lock icon SGX ETF
      777 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 $mil 116 107 6389 ABF SG Bond ETF 109 -3 11 112 109 109.5 116 497.6 883 610 CIMBAsean40 100US$ US845 +22 38 845 830
      777 words
    • Article
      Lock icon CLOB INTERNATIONAL
      82 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 $mil 56 27 6000 AVJennings A43.5 -1.5 36 49 43.5 42 45.5 3.6 8 3.5 113.3 31 13 6017 Genting HK US$ US20 +4 *****
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      123 23 TURNOVER (‘000) VALUE (‘000) MAIN SDQ TOTAL MAIN SDQ TOTAL Multi Ind 93,681 93,681 375,849 375,849 Manufacturing 1,265,814 64,036 1,329,850 882,084 3,505 885,589 Commerce 384,922 53,681 438,603 412,542 19,088 431,630 Tpt/Stor/Comms 498,995 2,923 501,918 919,277 352 919,629 Finance 115,613 20 115,633 738,470 2 738,472 Construction 61,916 43,787
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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 18 Index Change Change Change Change Change Change World Index Preliminary 819.3 0.1 -1.6 -0.4 -5.9 0.3 -4.5 EAFE Preliminary 755.5 0.1 -3.7 -0.4 -11.5 0.3 -10.2 Europe Preliminary 1092.6 0.2
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    • Article
      Lock icon INTERBANK RATES
      177 24 Jun 18 $S Offer Bid Overnight 0.05 0.02 1-month 3/8 1/8 2-months 7/16 3/16 3-months 9/16 5/16 Overnight mode: 0.03 US$ 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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    • Article
      Lock icon US$/S$ FORWARD RATES
      22 24 Jun 18 S$ Bid Offer 1-month 1.3850 1.3864 2-months 1.3848 1.3862 3-months 1.3847 1.3860 6-months 1.3842 1.3856 Source: OCBC
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    • Article
      Lock icon SICOM FUTURES
      142 24 Jun 18 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Jul 10 360.0 350.0 360.0 16 Aug 10 335.0 335.0 335.0 4 Sep 10 318.0 318.0 318.0 20 Oct 10 311.0 310.9 311.0 14 Nov 10 305.0 Dec 10
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    • Article
      Lock icon GOVERNMENT SECURITIES
      88 24 Jun 18 Jun 18 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****V 16.09.2010 0.32 0.26 0.26 1-Year BY*****W 03.05.2011 0.38 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0A 2.625 01.04.2012 103.75 5-Year N*****0N 1.375 01.10.2014 102.24
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    • Article
      Lock icon CHICAGO BOT
      105 24 Jun 18 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jul 10 961.00 952.00 961.25 952.50 Aug 10 951.00 944.25 953.75 944.25 Sep 10 937.75 931.25 940.50 932.00 Nov 10 930.50 925.00 935.00 925.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Jul 10 37.92 38.05 38.30
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    • Article
      Lock icon CRUDE OIL & PRODUCTS
      77 24 CRUDE OIL PRODUCTS Jun 17 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 78.78 1.60 WTI (Near Mth) 76.55 -1.08 Dubai (1-Mth F) 76.89 1.46 Tapis blend 82.40 1.85 Minas 81.55 1.45 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 74.77 2.55 Jet Kerosene 88.50 1.15 US$/barrel Opec Oil
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    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      2524 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 1 15 6.00 47 4085 ASJ Hldgs W*****1 3 unch 219 1 4 8 2.17 20 2036 Advance SCT Ltd W*****9 0.5 1 87 2817
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    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      132 24 Jun 18 As at 9am Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.1950 1.2310 Can dollar 1.3440 1.3610 Euro 1.7140 1.7340 NZ dollar 0.9720 0.9920 Sterling pound 2.0500 2.0730 US dollar 1.3840 1.4000 Local dollars to 100 units of foreign
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    • Article
      Lock icon STOCK INDEX FUTURES
      27 24 Jun 17 Open High Sett STI Jun 2844 SIMSCI Jun 337.4 339.5 336.9 Taiwan Jun 267.0 267.7 266.1 Source: MF Global (S) Pte. Ltd
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    • Article
      Lock icon THE BUSINESS TIMES SHIPPING TIMES
      5656 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.
      5,656 words
    • Article
      Lock icon PALM OIL
      68 24 Jun 18 Jun 18 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Jul 10 2477 2470 2490 2466 1018 9481 Aug 10 2435 2430 2450 2424 2349 ***** Sep 10 2400 2400 2420 2395 6616 ***** Oct 10
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    • Article
      Lock icon SGX DERIVATIVES TRADING
      422 24 Jun 17 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Sep10 99.2850 0 3075 Dec10 99.1850 0 853 Mar11 99.0850 0 1875 Jun11 98.9150 0 2053 EUROYEN TIBOR FUTURES Sep10 99.6375 99.6375 99.6375 99.6375 89 4413 Dec10 99.6475 99.6475 99.6475 99.6425 0 1472 Mar11 99.6475 11 2010
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    • Article
      Lock icon INTERBANK CROSS RATES
      465 24 Jun 18 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.894 5.939 0.701 6.770 40.104 79.200 0.789 10.496 2.824 1.233 74.355 39.924 1.205 6.558 0.966 27.957 28.183 0.585 0.870 Canada 1.119 6.646
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    • Article
      Lock icon SIBOR
      85 24 Jun 18 (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$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      154 24 Jun 18 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2047 1.2063 0.8697 0.8700 Canadian dollar 1.3480 1.3500 0.9731 0.9737 Euro 1.7179 1.7200 1.2402 1.2405 NZ dollar 0.9773 0.9785 0.7055 0.7057 Sterling pound 2.0602 2.0627 1.4873 1.4877
      154 words
    • Article
      Lock icon PRECIOUS METALS
      138 24 Jun 18 GOLD (US$/oz) Jun 18 Jun 17 Hong Kong 1244.10 1231.80 Jun 17 Jun 18 London 1245.65 1258.65 1246.40 1259.65 Source: Thomson Reuters CAST BAR Jun 18 (S$) Selling Buying Kilobar 59,752.01 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 133.75 56 5gm 379.85 279 10gm 678.38
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    • Article
      Lock icon LONDON METALS
      71 24 Jun 18 Jun 18 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 1914.00 1935.50 3 months 1944.00 1966.00 Copper, Grade A (US$/tonne) Cash 6408.00 6419.50 3 months 6435.00 6446.00 Lead (US$/tonne) Cash 1722.50 1741.50 3 months 1745.00 1764.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne)
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    • Article
      Lock icon LIFFE
      82 24 Jun 18 COCOA (£/tonne) Close Prev High/Low Jul 10 2456 2418 2465/2420 Sep 10 2345 2308 2348/2304 Dec 10 2259 2238 2264/2238 Mar 11 2226 2206 2229/2200 COFFEE (US$/tonne) Close Pev High/Low Jul 10 1543 1540 1560/1502 Sep 10 1571 1551 1580/1515 Nov 10 1577 1558 1581/1517 Jan 11
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  • Page 25 Advertisements
    • Advertisement
      Lock icon Page 25 Advertisements Column 1
      29 25 Shipping line: 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 TIMES
      29 words
    • Advertisement
      Lock icon Page 25 Advertisements Column 2
      30 25 Importers looking for Warehouse Can they find your services here in the Shipping Times? THE BUSINESS TIMES TO ADVERTISE, CALL JOE WONG AT 9620 1327 int UUJIIMLJJ IIIVILJ SHIPPING TIMES
      30 words
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  • Page 26 Advertisements
    • Advertisement
      Lock icon Page 26 Advertisements Column 1
      51 26 USE THIS SPACE TO SELL CALL JOE WONG AT 9620 1327 TO ADVERTISE THE BUSINESS TIMES SHIPPING TIMES FREIGHT FORWARDER urgently needed by shippers I Can they find your services here in the Shipping Times? THE BUSINESS TIMES TO ADVERTISE. CALL JOE WONG AT 9620 1327 THE BUSINESS TIMES SHIPPING
      51 words
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  • BizIT
    • Article, Illustration
      Lock icon BlackBerry maker says super-apps to be next big thing
      624 27  -  Such apps will function intuitively and deliver rich content By RAJU CHELLAM IF you think you’re a power user because your smart phone has dozens of software applications commonly called apps get ready for the next step in the smartphone stakes:
      REUTERS  -  624 words
    • Article
      Lock icon Indonesia new smartphone battleground
      333 27  -  By RAJU CHELLAM INDONESIA is the fastestgrowing mobile phone market in Asia, after India. It has more than 140 million users of mobile phones, and more than 14 per cent of them own smart phones. More people in Indonesia access the Internet via their mobile devices
      333 words
    • Article, Illustration
      Lock icon S’pore well positioned to export data services
      412 27  -  Voice ARPU is expected to decline by 22% here by 2013 By JASLENE PANG SINGAPORE may account for only a sliver of Asia-Pa-cific’s data services revenue but it still is well positioned to export its services to some of the largest markets in
      412 words
    • Article
      Lock icon More local firms look at social media as marketing tool: survey
      543 27  -  By AMIT ROY CHOUDHURY A RECENT survey shows that more Singapore companies are using social media as a part of their marketing strategies. The survey, done by the Singapore infocomm Technology Federation (SiTF) in collaboration with GetIT Comms, shows
      543 words
    • Article, Illustration
      Lock icon Local start-up unveils innovative data transfer device
      249 27  -  Files can be transferred with no storage restriction By CHAN YUPING LOCAL start-up iTwin has developed an innovative plug-and-play device that allows computer users to remotely access files or share information with others without the need for cables, installation or close proximity. “Imagine
      BENJAMIN NG/THE STRAITS TIMES  -  249 words
    • <what’s up>
      • Article
        Lock icon Multi Channels Asia in TV tie-up with SingTel
        54 27 MULTI Channels Asia (MCA) last week announced a marketing tie-up with SingTel for TV channel play-out, uplink and satellite solutions. Under the agreement, MCA will market a package of SingTel broadcast services that will originate from SingTel’s broadcast and satellite earth station
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      • Article
        Lock icon Free incoming calls for SingTel’s prepaid cards
        88 27 SINGTEL now offers free incoming calls to prepaid mobile customers. The offer allows SingTel’s prepaid mobile customers this facility when they top-up with the $10, $20 and $50 Hi! Top-Up cards. Customers who top up using the $10 Hi! Top-Up cards will enjoy
        88 words
      • Article
        Lock icon Inmarsat launches its first global satellite phone
        92 27 GLOBAL mobile satellite communications services provider Inmarsat launched its first global hand-held satellite phone, the IsatPhone Pro last week at CommunicAsia. Inmarsat’s IsatPhone Pro has, what the company claims is, the market’s longest battery life and a handset which has an IP54 rating
        92 words
      • Article
        Lock icon Clarification
        69 27  -  Compiled by JASLENE PANG LENOVO’S ThinkCentre M90z all-in-one desktop is available immediately through Lenovo business partners and later this month on www.lenovo.com/sg with models starting at an estimated price of $1,374. The ThinkStation C20 and C20x workstations will be available starting from July 21. The Lenovo L2230x Wide and
        69 words
    • Article
      Lock icon Nokia Siemens Networks makes LTE offering
      348 27  -  By JASLENE PANG TELECOMMUNICATIONS equipment provider Nokia Siemens Networks launched its Self Organising Networks (SON) offering for Long Term Evolution (LTE) at CommunicAsia2010 last week. LTE, also known as 4G, is a radio technology designed to increase the capacity and speed of mobile telephone
      348 words
    • Article, Illustration
      Lock icon Asia leads in broadband growth
      917 28  -  China accounted for 45% of the total lines added globally in the first quarter, writes AMIT ROY CHOUDHURY AMIT ROY CHOUDHURY ASIA is leading in the global broadband push as more countries roll out networks, including fibre-to-the-home, as Singapore is doing with its Next Generation
      Source: Data provided for the Broadband Forum by Point Topic; REUTERS  -  917 words
    • Article
      Lock icon Irdeto opens Centre of Excellence here
      235 28  -  By CHAN CHAN YUPING SOFTWARE protection and content management company Irdeto launched its new Centre of Excellence (ICE) here last week at CommunicAsia, in a move to capture its share of customers in the South-east Asia (SEA) market. Outfitted with advanced support and testing
      235 words
    • Article
      Lock icon All systems go for YOG’s IT nerve centre
      420 28  -  Atos Origin will run the Technology Operations Centre By RAJU CHELLAM WITH about two months to go before the Youth Olympic Games (YOG) kicks off, it’s all systems go for at least one of its key arms the “nerve centre” that houses
      420 words
    • Article, Illustration
      Lock icon China’s tech companies go all out to woo customers
      603 28 AFP [SINGAPORE] After decades building its reputation as the go-to country for electronics manufacturers, China’s intention to promote its own brands and produce the world’s next Sony or Samsung was obvious during a massive telecoms exhibition here. While foreign giants such
      AFP  -  603 words
    • Article
      Lock icon Enhance your viewing experience with Ericsson
      352 28  -  By CHAN CHAN YUPING FOOTBALL lovers in South Korea can get to watch the World Cup matches live in 3D at 50 cinemas across the country, thanks to Ericsson. The Swedish company has supplied CJ Golden Village (CGV), South Korea’s largest multiplex cinema chain,
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