The Business Times, 19 July 2010

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Microfilm: NL30728
Total Pages: 30
1 30 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 S|£l A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 123/08/2009 Monday, July 19,2010
    23 words
  • Article, Illustration
    Lock icon Hong Kong hires grannies to keep brokers in line
    598 1 Critics say ‘mystery shopper’ scheme will entrap good, bad advisers alike AFP [HONG KONG] Hong Kong’s hard-nosed financial regulators are adding a new weapon to their arsenal in the battle to protect investors from unscrupulous stockbrokers: old ladies and pregnant women.
    AFP  -  598 words
  • Article, Illustration
    Lock icon Strong Q2 numbers like water off bourse’s back
    829 1  -  The benchmark Straits Times Index see-saws amid soft trading volumes By LYNETTE KHOO [SINGAPORE] Even as Singapore’s strong secondquarter GDP numbers sent economists rushing to raise their forecasts for the full year, the stock market barely stirred. The real popping of the
    Source: Bloomberg  -  829 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 2,957.72 +40.55 KL COMP 1,336.65 +12.34 NIKKEI 225 9,408.36 -176.96 HANG SENG 20,250.16 -128.50 SET INDEX 827.54 +6.94 JAKARTA COMP 2,992.45 +48.55
    157 words
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      149 1 BizIT Werner Vogels: Demystifying the cloud PAGE 30 VIEWS FROM THE TOP Can Singapore’s rapid growth be sustained? PAGES 12-13 YOUNG INVESTORS’ FORUM Marketing on a shoestring budget PAGE 14 DINING OUT High-altitude meals at Stellar PAGE THE DRIVER'S WATCH The Oyster Perpetual Cosmograph Daytona is the ultimate reference chosen
      149 words
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  • TOP STORIES
    • Article, Illustration
      Lock icon Foreign workers needed for top posts in finance, IT
      568 2  -  Return of expat professionals becoming apparent: director of HR firm By TEH SHI NING [SINGAPORE] A sizeable proportion of foreign workers entering Singapore this year could be highly skilled, some economists say. Recruiters’ observations of the rising number of expatriate professionals
      BLOOMBERG  -  568 words
    • Article
      Lock icon THREE-MINUTE DIGEST
      652 2 Strong Q2 numbers like water off bourse’s back SINGAPORE’S strong Q2 GDP numbers have failed to stir much excitement in the stock market. But second-quarter corporate earnings will show whether this economic boom has indeed fattened the purses of companies which would in turn provide a strong impetus
      652 words
    • Article, Illustration
      Lock icon Friday’s steep slide puts focus back on earnings
      969 2  -  Worries surface over slowing economy hurting profitability WALL STREET INSIGHT By ANDREW MARKS THE US equity market is in for an interesting test of faith this week, after a hard day of losses last Friday which was inspired by doleful economic reports
      AFP  -  969 words
    • Article, Illustration
      Lock icon Singapore version of Bund opens
      532 4  -  PM Lee hopes Marina Bay will host regional, global HQs of firms operating in Asia By CHEW XIANG [SINGAPORE] Shanghai has its Bund, a mile-long historic embankment on the shores of the Huangpu River. Now Singapore has its own version the Marina Bay waterfront promenade
      JOYCE FANG/THE STRAITS TIMES; SIMON KER/THE NEW PAPER  -  532 words
    • Article
      Lock icon Tharman: GDP call based on short-term rebound
      251 4 [SINGAPORE] While Singapore’s latest growth forecast of 13-15 per cent had surpassed expectations, it reflects a short-term rebound, says Finance Minister Tharman Shanmugaratnam. “To put it in perspective, we’ve had two years averaging nearly zero per cent growth,” Channel News Asia reported him
      251 words
    • Article
      Lock icon SEC targets exotic financial products
      317 4 LATWP [WASHINGTON] The new Securities and Exchange Commission unit that obtained a US$550 million settlement from Goldman Sachs in a fraud suit is pressing ahead with investigations into wrongdoing during the financial crisis by big banks, but is also turning its attention to exotic financial
      LATWP  -  317 words
    • Article
      Lock icon At last, Wall St’s summertime
      432 4  -  IHI REUTERS BREAKINGVIEWS By ROB COX, RICHARD BEALES WALL Street can now officially start its summer. Goldman Sachs has settled with the Securities and Exchange Commission over fraud charges. The US Senate has passed financial reform legislation. Even hapless BP appears to have finally capped
      432 words
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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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      57 2 DB Platinum Branchen Stars R1C-A EUR db X-MACRO Trading Index Fund I4D GBP DB Platinum II 12/07/10 120,78 08/07/10 97,02 FX Select Guaranteed Fund R1D 12/07/10 100,66 USD DB Platinum IV Balanced Currency Harvest Euro I1C EUR Booster Capital Guaranteed Fund SGD R1D SGD Double Joy Capital Guaranteed Fund R1D
      57 words
  • Page 2 Miscellaneous
    • Miscellaneous
      Lock icon Page 2 Miscellaneous Column 1
      55 2 ii'Ji'J Jackpot for this wook Tickets for two draws available till 6pm today Draw today Moil 19 Jul $3 Million est. $5 Million" GSSDRAW W ■■■■■■■WBB Scratchit! tickets available nowatallootlets. |PLAY(i) Always play with care. Towards Community [responsibly) Do not bet illegally. Purpose and Benefit RCB Reg No: *****0202G p
      55 words
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      24 3 VOLKSWAGEN AG congratulates Volkswagen Singapore on its new showroom and service centre, the biggest in Southeast Asia. m Das Auto. Volkswagen Aktiengesellschaft. Wolfsburg, Germany
      24 words
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      510 4 HGMETALMANUF TURINGLIMITED I( I (Incorporated Singapor underthe ompanies Chapt 50) Regist edoffi No30JalanBuroh,Singapor *****6 ((CCompan RegistrationNo *****2666D NOTICEOFEXPIR OF ARRANT TTOO:: ALLHOLDERSOF RRANT SUBSCRIBEFORNE ORDINAR SHARESINTHECAPITALOFHGME NUF TURINGLIMITED ((TTHE OMP THISNOTICE ANIMPORTANTNOTICEWHICHREQUIRES OUR IMMEDIATE TENTION. IIff yyoouua ra areei ni in doubt the action oushouldtake oushould ccoonsult our ock oker
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      789 4 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF CROCKETT INTERNATIONAL ASIA PACIFIC PTE LTD (INMEMBERS’VOLUNTARYLIQUIDATION) COMPANY REGISTRATION NO.: *****9383D FINAL MEETING NOTICE herebygivenpursuant Section308 the CompaniesAct,Cap.50 that Final Meeting themembers theabovenamedCompanywillbeheld 10 AnsonRoad#15-07InternationalPlaza,Singapore*****3on20August2010 10.00a.m.forthepurposeof: .1 1.havinganaccountlaidbeforethemembersshowinghowthewinding-uphasbeen conductedandtheproperty theCompanyhasbeendisposedof;and .2 2.hearinganyexplanationsthatmaybegivenbytheLiquidators. Shirley Lim Lim Peng
      789 words
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      120 4 IN THE MATTER OF THE OMPANIES 50 AND IN THE MATTER OF METRONTECHNOLOG (SIN APORE)PTE Co. eg. *****200E (INMEMBERS’ NTAR LIQUID TION) FINALGENERALMEETIN NNOOTICE HEREB GIVENpursuant ot o to Section308(1) heCompanies Act, Cap.50, hat Final Gener Meeting fo f of tthe abo named compan will beheld Maxwell RRoad, #05-0 Anne
      120 words
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      84 5 Congratulations to Volkswagen Centre Singapore on its new showroom and service centre, the biggest in Southeast Asia. 4 sw a V 9et\Q S ote i -f# I >>» it- ?>> 1 a jm i~~£ 247ALEXANDRA RD \®si v cAw ARF (Asia Pacific) Pte Ltd Your Choice Insurance Intermediary Arthir D
      84 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Wall St ponders a double-dip, volatility to rise
      681 6  -  STOCKS R SIVANITHY Senior Correspondent ALBERT Einstein once famously said: “Everything should be made as simple as possible but no simpler”. At the simplest level, traders here can expect Wall Street’s Friday plunge to reverberate around the region, so there will be
      681 words
    • Article
      Lock icon Silver – the poor man’s gold
      527 6  - Silver the poor man’s gold COMMODITY WATCH By ONG YI LING The writer is investment analyst at Phillip Futures SILVER prices rallied to a peak of US$19.79 an ounce in May this year. This was at the height of risk aversion as investors were preoccupied with the sovereign debt crisis
      527 words
    • Article
      Lock icon Dollar declines the most in 14 months against euro
      401 6 CURRENCIES Bloomberg [NEW YOK] The US dollar fell the most against the euro in 14 months and dropped to the lowest level this year versus the yen as economic reports added to evidence that the US recovery is losing momentum. The
      Bloomberg  -  401 words
    • Article
      Lock icon RISES
      115 6 BY CENTS CLOSE UP DBXT iBoxxKR 5US$ ***** 687.3 4.7 DBXT iBoxxSvEu 5US$ ***** 537.5 1.8 DBXT E50 10US$ 3766 397.3 8.3 DBXT MSEurope 10US$ 3965 389.0 7.7 DBXT MSKorea 10US$ 4624 328.5 5.5 DBXT AUDMM 5SG$ ***** 275.0 1.2 DBXT SPASX200 10US$ 2769 258.4 7.3 DBXT Nifty 10US$
      115 words
    • Article
      Lock icon FALLS
      131 6 BY CENTS CLOSE DOWN DBXT S&P Short 10US$ 5317-177.3 -2.4 Lyxor China H 10US$ 1477 -31.6 -1.5 OmegaNav 255 -25.0 -8.9 KepCorp RBePW*****0 23.5 -14.5 -38.2 Thai Prime Fd 644 -13.8 -1.5 LionAsiapac 24 -10.0 -29.4 Chem Ind 43.5 -9.5 -17.9 DBXT MSPacExJp 10US$ 355 -8.3 -1.7 DBS RB
      131 words
    • Article
      Lock icon CURRENCIES
      87 6 Where S$ stands Jul 16 CHNG YR 2010 CLOSE FR Jul 15 S$ LOW S$ HIGH US$ 1.3755 -0.15 1.4219 1.3680 Euro 1.7808 -1.39 2.0153 1.6886 Pounds 2.1208 -0.76 2.2831 2.0003 A$ 1.2051 0.39 1.2960 1.1515 Yen* 1.5791 -1.22 1.5951 1.4467 Rupiah* 0.***** -0.02 0.***** 0.***** Baht* 4.2664 -0.19
      87 words
    • Article
      Lock icon BROKERS’ RECOMMENDATIONS
      1406 6 Consensus No. of Forecast Mean Fri’s recommendation esti-EPS PE target price Company name This wk Last mth mates (cents) (ratio) price Allgreen Properties 2.45 2.55 11 11.17 9.67 1.30 1.08 ARA Asset Mgt 1.75 1.75 4 7.33 14.74 1.23 1.08 Armstrong Ind 1.00 1.00 3 4.90 8.98 0.52
      1,406 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 6 WEEKLY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      66 6 Jul 16 VALUE CLOSE BT OB/OS 539.00 +1.00 BT CADI -*****.00 +81.00 BT 10-day MA -*****.00 +53.00 FTSE ST Mid Cap 714.86 +2.60 FTSE ST Small Cap 538.99 +3.30 FTSE ST All Share 728.25 +3.41 FTSE ST China Top 264.24 -0.77 FTSE ST China 292.28 +0.19 FTSE
      66 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      58 6 VOLUME Golden Agri 382,779,000 Genting SP 246,678,000 LeaderEnv 164,198,000 Thakral 163,520,000 Z-Obee Hldgs 127,874,000 Bund Center Inv 124,984,000 Noble Grp 109,930,000 Healthway 107,753,000 Asiasons 107,112,000 Baker Tech 103,891,000 VALUE($) DBS Grp 585,618,466 SingTel 296,632,715 Genting SP 290,948,650 CapitaLand 250,504,649 Golden Agri 208,308,940 UOB 202,934,008 Noble Grp 189,540,550
      58 words
    • Article
      Lock icon Director buying and buybacks dive, selling rebounds
      1284 10  -  INSIDE MARKETS By ROBERT HALILI The writer is managing director at Asia Insider Ltd THE buying fell while the selling among directors rebounded last week, based on filings on the Singapore Exchange from July 12 to 16. After posting heavy purchases for two
      1,284 words
    • Article, Illustration
      Lock icon Varied showing from portfolios
      1442 10  -  TEH HOOI LING Senior Correspondent IT was a good week in the stock market last week, with our portfolios gaining an average 1.3 per cent. This is more or less in line with the blue-chip Straits Times Index’s 1.4 per cent advance. Averages, of course, masked
      1,442 words
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      87 6 i Phillip Futures Brirraing Global Markets Closer to You www, phi1lipfutures.com.sg 6538 0500 Brought to you by PhiISp Futures Pte Ltd (A member of PhillipCapital) CO, Reg. No: *****5695G The above information does riot constitute an investment advice, an offer/solicitation to buy/sell the above mentioned investment produces). Trading in the
      87 words
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon Point of divesting Chinatown Point
      735 7  -  HOCK LOCK SIEW By KALPANA RASHIWALA CITY Developments Ltd (CDL) recently sold its stake in Chinatown Point, comprising the entire retail component (283 strata shop units) and four strata office units, for $250 million. The buyer is a consortium put together by Perennial Real Estate
      FILE PHOTO  -  735 words
    • Article
      Lock icon Rokko expects to reverse loss with $3m profit in 1H
      248 7 ROKKO Holdings, which supplies equipment to the semiconductor industry, said it expects to reverse a pre-tax loss in the first half of the year. Managing director Lim Chong Chen said he expects to book profit before tax of $3 million
      248 words
    • Article
      Lock icon PRIME LENDING RATES
      408 7 Jul 16 BANKS Agricultural Bank Of China 5.5 ANZ Banking Group 6 Arab Bank PLC 5.5 Banco Bilbao Vizcaya Argentaria, S.A. 6 Bangkok Bank 6 Bank Julius Baer Co. Ltd(S) 5 Bank of America NA 5 Bank of China Limited 5.5 Bank of Communications 5.5 Bank of
      408 words
    • Article, Illustration
      Lock icon US$2.4b suit against New Cotai dismissed
      390 8 The plaintiff, East Asia Satellite, is one-third owned by Capita Land Bloomberg [HONG KONG] A Hong Kong court has dismissed a US$2.39 billion claim by a unit of eSun Holdings against investors in its Macau casino project, including Oaktree Capital Management LP and Silver
      Bloomberg; FILE PHOTO  -  390 words
    • Article
      Lock icon Juken sees 10-fold rise in 1H profit
      229 8 JUKEN Technology said yesterday pre-tax profit for the half year to June 30 could increase 10-fold due to cost improvements, recent acquisitions and continued demand for its automotive components. Executive chairman Wong Keng Yin said profit before tax for the six months could
      229 words
    • Article
      Lock icon COMPANY MEETINGS
      358 8 COMPANY MEETING PLACE DATE TIME United Envirotech A Orchard Hotel, Cypress Room 442 Orchard Rd Singapore *****9 19-Jul 10.00am Asiatic Grp A Republic of Singapore Yacht Club, 52 West Coast Ferry Road, Singapore *****7 21-Jul 10.00am Sup Multi-Pack E 7 Benoi Sector, Singapore *****2 21-Jul 10.00am Metro Hldgs
      358 words
    • Article
      Lock icon Equation Corp lands deal with German stores
      413 8  -  Its anti-theft system will be used in 375 stores in the country By MICHELLE QUAH CATALIST-LISTED Equation Corp has, through its local subsidiary Disa DigitalSafety Pte Ltd and German subsidiary Disa DigitalSafety GmbH, signed a deal with two units of leading European consumer
      413 words
    • Article
      Lock icon Olam bid to take control of NZ-listed dairy firm
      294 8  -  By CHEW XIANG COMMODITIES supply chain manager Olam International yesterday said it would offer NZ$0.55 a share for full control of a New Zealand-listed dairy farming company. Olam already owns 18.45 per cent of NZ Farming Systems Uruguay, which operates large-scale
      294 words
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      583 7 CP? ■O^ \nc\ud ed 1 <\: |p I ffl 5 Ki tw m 5;% f i §fc /i& m \--m f L il fc i»». Mr 1 ,'V.•!*.>•• A' 9 **v*W»-< Wf. V v w,. W■ .>.'.iS. "v: "i 3 x DBS ASSET MANAGEMENT Why DBS Exchange Traded Funds (ETFs)?
      583 words
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      881 8 r Smartflex Holdings Ltd. (Incorporated in the Republic of Singapore on 17 February 2010) (Company Registration No. *****3501R) Invitation in respect of 13,000,000 New Shares comprising: (i) 1,500,000 Offer Shares at S$0.22 each by way of public offer; and (ii) 11,500,000 Placement Shares at S$0.22 each by way of placement,
      881 words
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      5 8 'unning late < «W accounts? r&I&IRIffifiin
      5 words
  • Page 8 Miscellaneous
    • Miscellaneous
      Lock icon Page 8 Miscellaneous Column 1
      32 8 V o Free non-woven shopping bag* with every purchase of two $10 Packs by today, 6pm *while stocks last. S 10 tS $10 Pack available at all outlets More details at www.singaporepools.com.sg
      32 words
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      106 9 I Congratulations I Cathay. -r At you're still movie stars. We've been partners a long time, so naturally we're rolling out the red carpet to celebrate Cathay Organisation's 75th Anniversary. After all, it's a partnership that guarantees our Cardmembers get real star treatment with the best cinema deals in town,
      106 words
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  • SINGAPORE NEWS
    • Article
      Lock icon The right leverage could boost Asia’s economy
      372 11  -  HSBC economists believe Asia is in a position to borrow more By EMILYN YAP THE recent financial crisis gave leverage a bad name but, with demand from the West still flagging, Asia is likely to take on more credit to achieve the high
      372 words
    • Article, Illustration
      Lock icon BT partners Dover Park Hospice in Sunday Walk
      407 11  -  Charity dinner also to be held to raise funds, awareness By TEH SHI NING DOVER Park Hospice (DPH) will hold its second family walk and a charity dinner to raise funds and public awareness of palliative care, this time with The Business
      FILE PHOTO  -  407 words
    • Article
      Lock icon DIVIDENDS ANNOUNCED
      638 11 Payment Ex Books Pay Ann (cts) date close date date Aspial Corp ak 0.500 28-Jul 30-Jul 16-Aug 21-Apr Australand Prop Grp ag 10.000 28-Jun 30-Jun 05-Aug 17-Jun Azeus Sys bo 3.470 05-Aug 10-Aug 23-Aug 07-Jul B Sembawang ak 4.000 29-Jul 02-Aug 12-Aug 24-May Ban Leong Tech ak 1.000
      638 words
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      281 11 The Ultimate Degree for Finance Executives EDHEC-Risk Institute PhD in Finance London Nice Singapore Since 2008, EDHEC-Risk Institute has been offering a unique PhD in Finance programme to elite practitioners who aspire to higher intellectual levels and aim to redefine the investment banking and asset management industries. Drawing its faculty
      281 words
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  • VIEWS FROM THE TOP
    • Article, Illustration
      Lock icon Welcome surge, but stay focused on the fundamentals
      3699 12 THIS WEEK’S TOPIC Is Singapore’s rapid economic growth likely to be sustained, or is it temporary? From your own business perspective, what are its implications both positive and negative? Michael Zink Country Head and Citi Country Officer, Singapore CITI has upgraded our
      ST FILE PHOTO  -  3,699 words
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      1086 13 GEARS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg S 3 J& SUNMART HOLDINGS SUNMART HOLDINGS LIMITED (Incorporated in Singapore on 9 January 2006) (Company Registration No. *****0432W) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that a EXTRAORDINARY GENERAL MEETING of Sunmart Holdings Limited (the "Company") will be held at
      1,086 words
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  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • Article, Illustration
      Lock icon Marketing on a shoestring budget
      820 14  -  Start-ups can take advantage of the Internet and social media to market their products/services in the most effective way, says RYAN LIM RYAN LIM The writer is the business director of Blugrapes, a company focused on performance marketing. He recently shared his insights on effective
      STOCKXCHNG  -  820 words
    • Article, Illustration
      Lock icon Getting an early start in business
      730 14  -  Benjamin Ong, co-founder of AGB Education, which serves clients in the corporate, government and private sectors, tells MOHAMED NAZREEN about challenges he faced as a student-entrepreneur CAMPUS LIFE MOHAMED NAZREEN The writer is a 24-year-old graduate from SIM Global Education A RELAXED air accompanies
      730 words
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      271 14 Be smart with your finances FANCY becoming the next Warren Buffett or George Soros? Or even the famous Robert Kiyosaki? Then read on. The Young Investors’ Forum, part of the BT-Citibank Tertiary Outreach Programme, isn't another dry page out of your financial textbook. To complement our editorial content, we have
      271 words
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      493 15 Advertising Feature Ernst Young celebrates 121 years in Singapore Over the last 121 years, Ernst Young has grown from a one-man accounting practice in 1889 to a market-leading firm that is part of a 144,000-strong global organization with over 2,000 people in Singapore. Marking this milestone, Ernst Young held an
      493 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon Chances of Japan avoiding fiscal crisis seen dwindling
      879 16  -  Govt outlining plans for budget spending cap but consumption tax hike unlikely By ANTHONY ROWLEY WITH its political fortunes almost as battered as the state of public finances, Japan’s government will tomorrow outline plans to cap budgetary spending in the coming fiscal
      879 words
    • Article, Illustration
      Lock icon Viet rice farmers hit by low price, fall in exports
      498 16 AFP [PHU NHUAN, Vietnam] Over-production and lower exports have left rice farmers in Vietnam’s Mekong Delta holding on to their stocks in the face of lower prices, analysts say. Vietnam is the world’s second-largest exporter of rice and the Delta
      AFP  -  498 words
    • Article
      Lock icon Germany to test ethnic bias-free hiring scheme
      534 16 Major firms to ask applicants for their qualifications only AFP [BERLIN] Germany revelled in its multicultural national team at the World Cup this month but still has a long way to go in its labour market, according to the sponsors of a radical
      AFP  -  534 words
    • Article
      Lock icon Germany sees Q2 growth above 1.5%
      194 16 Reuters [BERLIN] The German government believes the economy may have grown by a stronger-than-expected rate of above 1.5 per cent in the second quarter, news magazine Der Spiegel reported on Saturday. The magazine said internal government forecasts put second quarter growth at more than
      Reuters  -  194 words
    • Article
      Lock icon Markets await Europe stress test results
      502 16 Investor scepticism persists despite last week’s bond issues AFP [BRUSSELS] The markets have given Europe some respite in its struggle against debt but the EU faces a moment of truth with tests that will show whether banks can survive a new economic cataclysm. European
      AFP  -  502 words
    • Article
      Lock icon When being out of work becomes a chronic condition
      512 16 NYT [NEW YORK] In the United States, unemployment has typically been a relatively brief affair. The vast majority of people who lost jobs soon found new work. That is not the way it has been in many other developed countries. In
      NYT  -  512 words
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon Lead by example
      672 17  -  Imperative for govt to show financial discipline in the use of public monies before expecting Malaysians to make sacrifices MALAYSIA INSIGHT PAULINE NG KL Correspondent DESPITE being forewarned that subsidy rationalisation was inevitable, Malaysians chaffed at last week’s first steps. The degree of resentment at the “upward
      672 words
    • Article
      Lock icon Bakrie firms queried over discrepancies; stocks hammered
      273 17 Reuters [JAKARTA] Indonesia’s stock exchange has queried discrepancies in the financial statements of several Bakrie group companies, including coal miner Bumi Resources, driving Bumi’s stock down 6.6 per cent last Friday. Analysts say concerns over corporate governance are the top risk for investors
      Reuters  -  273 words
    • Article
      Lock icon Jakarta may cut bond issuance target
      548 17 Improving fiscal position may also lead to higher rating Reuters [JAKARTA] Indonesia may cut its debt issuance target for the rest of the year due to an improving fiscal position, which could boost its bonds and strengthen the case for a ratings hike to
      Reuters  -  548 words
    • Article
      Lock icon BURSA MALAYSIA
      2018 17 VOL Jul 16 RM +/-(‘000) A M Realty 0.56 0.02 67 Abric Bhd 0.21 0.02 108 Advance Synerg 0.14 unch 119 Adventa Bhd 3.21 0.08 659 Ae Multi Hldgs 0.53 0.01 1333 Affin Holdings 3.06 -0.03 1673 Ahmad Zaki Res 0.79 0.01 134 Aic Corp 0.65 0.02 28
      2,018 words
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      295 17 3 A gmrspais Subscribe to 1-year or 2-year of a Daily Newspaper $jr 3-month of another Newspaper STRATI'S TIMES. THE BUSINESS TIMES The bundle must be made up of 2 different publications. Visit us at Feastival Flavours Hougang Mall Now till 25 July *****11.30am 8.30pm Dessert Snack Delights City Square
      295 words
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  • GREATER CHINA/INDIA
    • Article
      Lock icon Indian aim to stop cellphone spying may squeeze telcos
      607 18 Testing equipment in foreign labs will hit profits and hasten consolidation NYT [NEW DELHI] As India prepares to adopt new import regulations aimed at thwarting spying and sabotage, the country’s cellphone operators say the costs of adopting the rules could squeeze
      NYT  -  607 words
    • Article
      Lock icon Consumer demand must be curbed to check inflation, govt economist
      536 18 Bloomberg [NEW DELHI] India needs to curb consumer demand to cool inflation that has stayed above 10 per cent for five months, a finance ministry official said, stoking speculation the central bank will raise rates a second time this month.
      Bloomberg  -  536 words
    • Article, Illustration
      Lock icon India’s economic miracle marred by great poverty
      1196 18  -  The number of Indians living in poverty is estimated at 440m. PENNY MACRAE reports PENNY MACRAE AFP [ZARUA, India] WHEN flames from an open cooking fire raced through Fida Hussein’s shack in northern India, it was a disaster for him and his poverty-stricken
      AFP  -  1,196 words
    • Article
      Lock icon Raise transaction tax, says central bank adviser
      272 18 Reuters [BEIJING] Higher taxes on property transactions would do more than a property tax to curb speculation, an influential Chinese policy maker said in an editorial published on Saturday, in which he advocated maintaining current cooling measures in the second half. Xia Bin,
      Reuters  -  272 words
    • Article
      Lock icon AgBank asking IPO advisers for fee cut: sources
      560 18 It is said to be negotiating 36% cut in underwriter fees Bloomberg [HONG KONG] Agricultural Bank of China Ltd is negotiating a 36 per cent cut in underwriter fees for its US$10.5 billion initial stock sale in Hong Kong to reflect talks
      Bloomberg  -  560 words
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  • ASIA-PACIFIC
    • Article, Illustration
      Lock icon Gillard leads polls as campaigning begins
      727 19 She vows to safeguard Australia’s treasured quality of life AUSTRALIAN ELECTIONS AFP [SYDNEY] Australia’s Prime Minister Julia Gillard got off to a flying start in opinion polls yesterday as taunts over her new slogan and controversial rise to power marked the start of a
      AFP; PHOTOS: BLOOMBERG, AFP  -  727 words
    • Article
      Lock icon ‘Mad Monk’ Abbott could head next govt
      556 19 Opposition chief wins favour with his earthy personality AFP [SYDNEY] Australia’s Speedo-loving, gaffe-prone conservative leader Tony Abbott may be known as the “Mad Monk” but his earthy personality may see the one-time trainee priest win power. Mr Abbott, a Catholic, monarchist family man,
      AFP  -  556 words
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      221 19 ••••••••< *****# WV r A V m V LET YOUR MUSICAL TALENT SHINE FOR A GOOD CAUSE ••< Child Aid, the children's charity concert by The Straits Times and The Business Times, is taking centerstage again. We are looking for talented musicians below 19 years old to perform and help
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  • WORLD
    • Article
      Lock icon Who will head new consumer bureau is the big question
      618 20 Law professor Elizabeth Warren favourite among 3 persons in short list NYT [WASHINGTON] The Obama administration, savouring congressional approval of a far-reaching financial regulation bill, now faces a crucial choice over who will lead the powerful new consumer guardian created
      NYT  -  618 words
    • Article, Illustration
      Lock icon Retreat of the US upmarket consumer threatens economy
      673 20 NYT [NEW YORK] The economic recovery has been helped in large part by the spending of the most affluent. Now, even the rich appear to be tightening their belts. Late last year, the high-est-income households started spending more confidently, while other consumers
      NYT; AFP  -  673 words
    • Article
      Lock icon Roche breast cancer drug fails to extend lives: studies
      288 20 AP [WASHINGTON] Follow-up studies of a Roche breast cancer drug showed that it failed to extend the lives of patients, federal health scientists said, opening the door for it to be potentially withdrawn for use in treating that disease. The Food
      AP  -  288 words
    • Article
      Lock icon Hungary in a fix as IMF stops funding review
      607 20 Reuters [BUDAPEST] Hungary lost its access to a US$25.1 billion financing package put up by the International Monetary Fund and European Union after the two organisations suspended talks on a review of the programme. The IMF and EU suspended the review
      Reuters  -  607 words
    • Article
      Lock icon BP mulling break-up: report
      240 20 It may scale back operations in the US and sell refineries after the oil leak, it says AFP [LONDON] Oil giant BP could split itself up by scaling back its US operations and selling refineries and petrol stations in the wake of the Gulf of Mexico
      AFP  -  240 words
    • Article
      Lock icon Nations seek cooperation on clean energy
      511 20 Joint initiatives likely to be announced at the two-day meeting AFP [WASHINGTON] Top economies in the world will look this week at ways to work together on clean energy, striking a rare note of cooperation amid an impasse in drafting a new climate change
      AFP  -  511 words
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  • FOCUS: LOW-COST MANUFACTURING
    • Article, Illustration
      Lock icon Bangladesh moving China’s cheese
      1248 21  -  Rising wage demands of factory workers in China prompting companies to seek cheap labour elsewhere, reports VIKAS BAJAJ VIKAS BAJAJ NYT [GAZIPUR, Bangladesh] THE eight-lane highway leading from the Bangladeshi capital, Dhaka, narrows repeatedly as it approaches this town about 48 kilometres north, eventually depositing cars
      NYT; AFP  -  1,248 words
  • Page 21 Advertisements
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      53 21 Job se made easy 1 V) 1 x 1 <tuSearching for a job at Jobs.ST701 .com is no sweat at all! With improved features like our sophisticated job-match technology, job application-management panel and new one-click resume auto-generator, we bring you one step closer to your ideal job. The Leading Online
      53 words
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  • AVIATION/SHIPPING
    • Article
      Lock icon Asian airlines set to dominate Farnborough
      514 22 But Boeing, Airbus unlikely to announce many big orders at the UK airshow AFP [FARNBOROUGH] The aviation sector descends on the Farnborough International Airshow near London this week amid fresh setbacks and increased competition for top planemakers Boeing and Airbus. Any new orders for
      AFP  -  514 words
    • Article
      Lock icon UAE gives Seychelles a US$15m anti-piracy boost
      317 22 AFP [NAIROBI] The United Arab Emirates (UAE) has signed a US$15 million deal to boost the Seychelles’ coast guard and help the Indian Ocean archipelago combat Somali piracy. The UAE has agreed to fund the construction of a new base on a reclamation
      AFP  -  317 words
    • Article, Illustration
      Lock icon Heathrow airport faces threat of strike
      290 22 Bloomberg [LONDON] London’s Heathrow airport, the busiest in Europe, could be closed by strike action as the Unite union ballots more than 6,000 security staff, engineers and firefighters in a pay dispute with owner BAA Ltd. The vote, which includes workers at BAA’s London
      Bloomberg; AP  -  290 words
    • Article
      Lock icon Thoresen Thai eyeing overseas expansion
      446 22 Reuters [BANGKOK] Thoresen Thai Agencies, Thailand’s top dry bulk carrier, is looking to expand abroad into logistics and energy businesses as part of a diversification strategy to protect profits when freight rates fall. The company’s earnings fell sharply last year due to a drop in
      Reuters  -  446 words
    • Article
      Lock icon TRANSPORT STOCKS
      278 22 SGX '000 Jul 16 S$ +/-Vol CH Offshore 0.54 unch 113 Chuan Hup Hldg 0.26 -0.01 201 Cosco Corp 1.50 -0.01 5771 CWT Ltd 0.93 -0.01 39 Ezra Hldgs 1.87 unch 3355 First Ship Lea 0.42 unch 917 Freight Links 0.05 -0.01 1088 Grand Banks unch unch 0
      278 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2988 22 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
      2,988 words
  • Page 22 Miscellaneous
    • Miscellaneous
      Lock icon Page 22 Miscellaneous Column 1
      309 22 CRYPTIC CROSSWORD Across 1 Unscrupulous live bet? Tell who is corrupt (5,3,4) 8 In which Romans mobilised say among amphitheatre performers? (7) 9 Severely punish leaders of teenage rowdies with measure (7) 11 Wrongly put dear deal in dearer terms (5,2) 12 One taken as security from house and theatre
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  • DINING OUT
    • Article, Illustration
      Lock icon Reasonable cuisine but at top-end prices
      698 23  -  NEW RESTAURANT Stellar Level 62, OUB Centre 1 Raffles Place Tel: 6438-0410 By Audrey Phoon IT may not be the biggest restaurant group in Singapore, but 1-Rochester must surely be the one with the collection of locations that most restaurateurs would hock their best
      698 words
  • Page 23 Advertisements
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      113 23 CATS Recruit The first step on your ladder to success CLA/AUG06/g 新 omy 12 blog.omy.sg FIND THE ONES 7 THAT FIT! Q U Recruit the right people through CATS Recruit. L-,—« f= Call 1800 289 8822 or email r recruit@sph.com.sg to advertise. I v > r>J 1 X J B8ATS
      113 words
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      70 23 V r 4I v V nnst*® www.radio9l3.com AT OSCAR'S. 24 HOURS A DAY Award yourself 24 hours a day, 7 days a week. Savour supper after a show. Indulge in a sumptuous buffet lunch or a la carte dinner. The red carpet treatment meets blue ribbon dining... only at Oscar's.
      70 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      9385 24 Week ended: Jul 16 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 20 8 3148 8Telecom 19 +2.5 ***** 20 17 19 19.5 1.7 9.5 6.1 91 10 5.5 5834 A-Sonic
      9,385 words
    • Article
      Lock icon SGX CATALIST
      2000 25 52-wks Tel Last Vol Week Last Quote Div Gr Yld Net M Cap High Low Code Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 10 5 1181 t AA Grp 5.5 +0.5 1 5.5 5.5 5 5.5 30.6 5.3 22.5 13 8538 t APStrategic 18.5 +0.5
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    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      112 25 Stock name Close Change CapMallsAsia 2.060 -0.010 CapitaLand 3.790 +0.010 CapitaMall 1.970 -0.010 CityDev 11.340 ComfortDelGro 1.510 +0.010 DBS Grp 14.800 +0.180 F&N 5.470 Genting SP 1.190 Golden Agri 0.560 +0.020 HK Land 5.160 +0.010 Stock name Close Change JMH 40.300 +0.580 JSH 23.380 +0.080 Jardine
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    • Article
      Lock icon STOCKS ASIA
      2678 25 Transaction date: Jul 16 For a full listing of the closing prices, log on to BT online at http://business-times.asia1.com.sg after 11.30pm every trading day HONG KONG Vol HK$ +/-'000 Aeon Credit 6.43 0.08 0 Aeon Stores 11.40 0.30 90 Angang Steel 10.02 -0.12 7229 Anhui Conch 24.05 unch
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    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 25 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 8 4 6 0 0 0 8 4 6 Manufacturing 109 61 62 11 8 19 120 69 81 Commerce 33 18 29 7 2 6 40 20 35 Tpt/Stor/Comms 20 13 12
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    • Article
      Lock icon SGX ETF
      842 25 52-Wk Tel Last Vol Week Last Quote Div GrYld Net MCap High Low Code Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 124 107 6389 ABF SG Bond ETF 115 112.5 116 525 886 670 CIMBAsean40 100US$ US884 +20 347 886 863 878 880 35.4 306
      842 words
    • Article
      Lock icon CLOB INTERNATIONAL
      82 25 52-Wk Tel Last Vol Week Last Quote Div GrYld Net MCap High Low Code Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 56 28 6000 AVJennings A40 -2 13 40 38 39 45 3.6 8.8 3.2 104.2 31 14.5 6017 Genting HK US$ US19 +0.5 *****
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      123 25 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 128,252 128,252 249,767 249,767 Manufacturing 1,443,605 94,849 1,538,454 1,082,564 5,290 1,087,854 Commerce 577,555 53,494 631,049 410,546 14,858 425,404 Tpt/Stor/Comms 525,867 1,438 527,305 831,513 167 831,680 Finance 110,639 148 110,787 1,065,420 16 1,065,436 Construction 109,984 90,491
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      26 25 Insiders' trades. Brokers' recommendations. Dividend table. The pages also cover transactions by directors and substantial shareholders. In other words, news you can use. THE BUSINESS TIMES
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      374 26 In local curr In S$ In US$ dy yr dy yr dy yr Jul 16 Index Change Change Change Change Change Change World Index Preliminary 790.8 -1.7 -5.0 -1.7 -8.2 -1.6 -6.3 EAFE Preliminary 732.9 -1.5 -6.6 -1.2 -11.3 -1.2 -9.4 Europe Preliminary 1062.5 -1.6
      374 words
    • Article
      Lock icon INTERBANK RATES
      180 26 Jul 16 $S Offer Bid Overnight 0.01 par 1-month 3/8 1/8 2-months 7/16 3/16 3-months 9/16 5/16 Overnight mode: 0.20 US$ Offer Bid 7 days 0.40 0.30 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
      180 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      22 26 Jul 16 S$ Bid Offer 1-month 1.3745 1.3757 2-months 1.3743 1.3756 3-months 1.3742 1.3755 6-months 1.3736 1.3748 Source: OCBC
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    • Article
      Lock icon SICOM FUTURES
      153 26 Jul 16 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Aug 10 322.9 322.0 322.0 101 Sep 10 311.0 Oct 10 301.0 301.0 301.0 12 Nov 10 298.0 298.0 298.0 132 Dec 10 297.0 296.0 297.0 32 Jan 11
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    • Article
      Lock icon GOVERNMENT SECURITIES
      86 26 Jul 16 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****Z 14.10.2010 0.30 1-Year BY*****W 03.05.2011 0.35 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****1E 2.500 01.10.2012 104.48 104.57 104.51 5-Year N*****0N 1.375 01.10.2014 102.55 7-Year N*****0Z
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    • Article
      Lock icon CHICAGO BOT
      105 26 Jul 16 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Aug 10 1019.50 1019.00 1027.00 1013.00 Sep 10 998.00 1001.00 1006.25 992.75 Nov 10 985.00 988.00 992.75 978.25 Jan 11 992.25 995.00 1000.00 986.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Aug 10 38.31 38.59 38.69
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    • Article
      Lock icon CRUDE OIL & PRODUCTS
      77 26 CRUDE OIL PRODUCTS Jul 15 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 75.33 -1.37 WTI (Near Mth) 76.51 -0.47 Dubai (1-Mth F) 74.66 0.24 Tapis blend 80.75 0.20 Minas 77.55 0.20 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 67.72 -0.61 Jet Kerosene 86.10 -0.55 US$/barrel Opec Oil
      77 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      2513 26 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Tel Last Vol Conv Exer Disc Gear-Mths Code Company Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 3.5 0.5 953 1 15 5.29 46 6227 ASJ Hldgs W*****1 3.5 unch 14 1 4 2.14 19 2036 Advance SCT Ltd W*****9 0.5 1 87
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    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      132 26 Jul 16 As at 9am Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.1990 1.2350 Can dollar 1.3140 1.3300 Euro 1.7660 1.7870 NZ dollar 0.9840 1.0060 Sterling pound 2.1100 2.1350 US dollar 1.3680 1.3840 Local dollars to 100 units of foreign
      132 words
    • Article
      Lock icon STOCK INDEX FUTURES
      27 26 Jul 16 Open High Sett STI Jul 2957 SIMSCI Jul 348.6 350.2 350.2 Taiwan Jul 271.1 272.2 270.8 Source: MF Global (S) Pte. Ltd
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    • Article
      Lock icon PALM OIL
      66 26 Jul 16 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Aug 10 2471 2493 2508 2465 1071 ***** Sep 10 2443 2470 2480 2435 7624 ***** Oct 10 2422 2449 2461 2417 ***** ***** Nov 10 2420 2445
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    • Article
      Lock icon SGX DERIVATIVES TRADING
      418 26 Jul 16 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Sep10 99.4700 0 2774 Dec10 99.4200 0 1960 Mar11 99.3450 0 1042 Jun11 99.2200 0 2819 EUROYEN TIBOR FUTURES Sep10 99.6550 99.6550 99.6525 99.6525 0 3236 Dec10 99.6825 99.6825 99.6825 99.6750 0 1296 Mar11 99.6975 0 1959
      418 words
    • Article
      Lock icon INTERBANK CROSS RATES
      465 26 Jul 16 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.913 5.942 0.678 6.817 40.984 79.369 0.765 10.554 2.813 1.223 75.045 40.585 1.206 6.619 0.914 28.160 28.288 0.568 0.877 Canada 1.095 6.505
      465 words
    • Article
      Lock icon SIBOR
      85 26 Jul 16 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 1.***** 0.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths
      85 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      154 26 Jul 16 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2054 1.2067 0.8769 0.8771 Canadian dollar 1.3196 1.3210 0.9600 0.9602 Euro 1.7780 1.7800 1.2935 1.2938 NZ dollar 0.9849 0.9866 0.7165 0.7171 Sterling pound 2.1210 2.1233 1.5430 1.5433
      154 words
    • Article
      Lock icon PRECIOUS METALS
      137 26 Jul 16 GOLD (US$/oz) Jul 16 Jul 15 Hong Kong 1205.90 1213.60 Jul 15 Jul 16 London 1212.55 1192.15 1213.55 1193.15 Source: Thomson Reuters CAST BAR Jul 16 (S$) Selling Buying Kilobar 57,525.34 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 128.4 54 5gm 365.94 268 10gm 653.77
      137 words
    • Article
      Lock icon LONDON METALS
      70 26 Jul 16 16 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 1959.50 1999.75 3 months 1978.00 2016.00 Copper, Grade A (US$/tonne) Cash 6468.75 6661.50 3 months 6485.00 6680.00 Lead (US$/tonne) Cash 1751.75 1779.50 3 months 1770.00 1798.00 Nickel (US$/tonne) Cash *****.50 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash
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    • Article
      Lock icon LIFFE
      82 26 Jul 16 COCOA (£/tonne) Close Prev High/Low Sep 10 2445 2419 2470/2424 Dec 10 2276 2253 2299/2248 Mar 11 2231 2207 2247/2214 May 11 2230 2206 2240/2215 COFFEE (US$/tonne) Close Pev High/Low Jul 10 1741 1730 1730/1717 Sep 10 1764 1753 1769/1731 Nov 10 1773 1761 1779/1739 Jan 11
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  • Article
    Lock icon THE BUSINESS TIMES SHIPPING TIMES
    5351 27 BALISA SHIPPING TRADING PTE LTD 8 Shenton Way, #40-03A, Singapore *****1 Tel: 6345 5700 Fax: 6345 5227 Email: singapore@balisagp.com CR NO. 1 **********W 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
    5,351 words
  • Page 27 Advertisements
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  • Page 28 Advertisements
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      Lock icon Page 28 Advertisements Column 1
      28 28 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
      28 words
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  • Page 29 Advertisements
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      Lock icon Page 29 Advertisements Column 1
      249 29 MATS Toll free: 1800-289-8822 Email: notices@sph.com.sg NOTICES IN THE MATTER OF THE COMPANIES 50 AND IN THE MATTER OF )1 1) SHANDEVELOPMENTPTE Compan egis ationNo. 9930 82N )2 2) PPAACIFICR.M.C. VERSEASPTE Compan egis ationNo. 73R )3 3) FLEMMIN PHARMACEUTICAL PTE Compan egis ationNo.*****563C )4 4) REAL HALLENGEPTE Compan egis ationNo.*****5096Z
      249 words
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      Lock icon Page 29 Advertisements Column 2
      289 29 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF CERES PTE LTD (IN PROVISIONAL LIQUIDATION) (Company Registration No. *****2554N) NOTICE OF APPOINTMENT OF PROVISIONAL LIQUIDATORS Take notice that Messrs Tarn Chee Chong and Lim Loo Khoon, care of 6 Shenton Way #32-00 DBS Building Tower
      289 words
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      Lock icon Page 29 Advertisements Column 3
      292 29 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF JSEMTECH HOLDINGS PTE LTD (IN PROVISIONAL LIQUIDATION) (Company Registration No. *****7453N) NOTICE OF APPOINTMENT OF PROVISIONAL LIQUIDATORS Take notice that Messrs Tarn Chee Chong and Lim Loo Khoon, care of 6 Shenton Way #32-00 DBS Building
      292 words
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      Lock icon Page 29 Advertisements Column 4
      273 29 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF ISUNU PTE LTD (IN PROVISIONAL LIQUIDATION) (Company Registration No. *****4679C) NOTICE OF APPOINTMENT OF PROVISIONAL LIQUIDATORS Take notice that Messrs Tarn Chee Chong and Lim Loo Khoon, care of 6 Shenton Way #32-00 DBS Building Tower
      273 words
  • BizIT
    • Article, Illustration
      Lock icon T-Systems to boost data centre capacity
      825 29  -  With additional facility, S’pore will be its largest DC location in Asia-Pac By RAJU RAJU CHELLAM [SINGAPORE] One of the world’s largest DC (data centre) operators, Germa-ny-based T-Systems, is planning to expand its DC capacity by two-thirds in Singapore, where it runs DCs that
      825 words
    • Article
      Lock icon Siemens ties up with Microsoft in cloud project
      361 29  -  Windows Azure to run Siemens PLM Software application By CHAN CHAN YUPING [SINGAPORE] Siemens product life-cycle management (PLM) Software has joined forces with Microsoft to pioneer a cloud comput-ing-based quality management solution for the PLM industry. This joint project will use Microsoft
      361 words
    • Article
      Lock icon Potential in mobile marketing as smartphones multiply
      282 29  -  By CHAN YUPING [SINGAPORE] The growing appeal of promotional SMS messages and the rise of smartphones in Singapore spells mobile commerce opportunities for marketers, says email marketing company e-Dialog. The company recently surveyed about 6,000 people across the Asia-Pacific and found 57 per
      282 words
    • Article
      Lock icon Building the data centre of the future
      453 29  -  By RAJU CHELLAM [SINGAPORE] In a unique effort to optimise energy usage in data centres (DCs), German DC major T-Sys-tems has tied up with semiconductor giant Intel Corp in a research initiative called Data Centre 2020. The project began late last year and
      453 words
    • <what's up>
      • Article
        Lock icon Cable & Wireless Worldwide appoints senior executive
        69 29 Cable Wireless Worldwide appoints senior executive CABLE Wireless Worldwide has appointed Bhupinder Singh its vice-president for service delivery in the Asia-Pacific. From June 1, he replaced Mike Powell, who has assumed a global responsibility for service delivery in all markets outside the UK. Mr Singh is based in Singapore. He
        69 words
      • Article, Illustration
        Lock icon Premium business projectors from InFocus
        63 29 DIGITAL display technology company InFocus Corporation says its latest premium business projector models IN5502, IN5504, IN5532 and IN5534 are now shipping. The four feature-rich, high definition projectors are designed for businesses and professional AV installers, with adjustable optics that enable easy integration into any room.
        63 words
      • Article
        Lock icon RSA appoints Asia-Pac Sales VP
        73 29 RSA, the security division of EMC, has appointed Vincent Goh vice-president for sales in the AsiaPacific region. He replaces Geoff Haydon, who will relocate back to the US to lead RSA America sales. Mr Goh will help customers integrate security solutions that meet business goals
        73 words
      • Article, Illustration
        Lock icon Thin displays from InFocus
        67 29 INFOCUS has also unveiled three new thin LCD displays designed to boost collaboration in the workplace. The displays offer businesses connectivity options such as AV sources, computer inputs and room control systems, so they can engage more easily in collaborative activities such as video-conferencing, Web meetings,
        67 words
      • Article, Illustration
        Lock icon New notebook from Gateway
        66 29  -  Compiled by JASLENE PANG GATEWAY has launched a new notebook PC line the Gateway ID Series. The Gateway ID Series is available in two sizes. The ID49 has a 14-inch high definition ultra-bright LED-backlit display, while the ID59 has the same screen with a bigger 15.6-inch
        66 words
      • Article
        Lock icon NTT virtualisation service
        85 29 NTT Singapore, a wholly-owned subsidiary of NTT Communications Corporation, has launched a Global Virtualisation Services (GVS) suite of virtual hosting services for the Singapore market. Aimed at mid-size to large enterprises, GVS allows users to virtualise their physical servers located in NTT Communications’ data centres worldwide and
        85 words
    • Article, Illustration
      Lock icon Security a top public sector ICT priority
      885 30  -  Use of new technologies has made the need for ICT security in the public sector more important, writes AMIT ROY CHOUDHURY AMIT ROY CHOUDHURY EMERGING technologies such as Web 2.0 and cloud computing, plus new ways of transacting and accessing information through new
      Source: IDC Government Insights, 2010  -  885 words
    • Article, Illustration
      Lock icon These are busy days for component makers
      412 30 AFP [TAIPEI] The launch this year of gadgets such as the iPad, the iPhone 4 and a host of other smartphones, tablet computers and 3D televisions is draining the Asian market dry of electronic components. An iPad is sold on average every 2.3
      AFP; REUTERS  -  412 words
    • Article
      Lock icon Demystifying the cloud
      1038 30  -  &lt;you say&gt; By WERNER VOGELS The author is chief technology officer of Amazon THERE has been a lot of buzz about cloud computing. Almost every IT vendor claims to have some kind of product or service for the cloud. Some have even created terms like “private cloud”
      1,038 words
    • Article, Illustration
      Lock icon Singapore ranks 28th for relaying spam; US tops ranking
      390 30  -  By TIMOTHY SEOW [SINGAPORE] The Republic has been ranked 28th in the world for relaying spam. But that’s much better than the US, which has again been crowned the spam king. According to a sec-ond-quarter report by IT security company Sophos,
      Source: Sophos  -  390 words
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