The Business Times, 11 October 2010

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Microfilm: NL30913
Total Pages: 31
1 32 The Business Times
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  • Title Section
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    23 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg sp!l A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 138/08/2010 Monday, October 11,
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  • Article
    Lock icon Asia’s tight labour market drives up pay, job turnover
    646 1  -  S’pore attrition rate almost doubles to 9.1% in H1: poll By CHUANG PECK MING [SINGAPORE] In America and Europe, workers are begging for jobs. In Asia, jobs are begging for workers. From Australia to Singapore and Vietnam, with Japan perhaps the
    646 words
  • Article, Illustration
    Lock icon Warmer S’pore-M’sia ties give Iskandar a boost
    770 1  -  Singapore companies investing in the Johor development region in a big way after POA agreement By MALMINDERJIT SINGH [SINGAPORE] Singapore investments in the Iskandar Malaysia development region in south Johor have surged since May, mirroring the increased interest of local companies in Malaysia
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  • Article
    Lock icon MARKETS DIGEST
    136 1 MARKETS Weekly Change ST Index 3,153.34 +22.44 KL COMP 1,481.41 +15.09 NIKKEI 225 9,588.88 +184.65 HANG SENG 22,944.18 +586.01 SET INDEX 963.19 -15.39 JAKARTA COMP 3,546.95 –0.16 MANILA COMP 4,236.98 +124.99 SEOUL COMP 1,897.07 +20.34 SHENZHEN B 782.55 +20.94 MUMBAI IND 20,250.26 -194.78 DOW 11,006.48 +176.80 NASDAQ 2,401.91
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      153 1 BizIT Biz growth to boost IT spend on software PAGE 30 DINING OUT Porridge perfection PAGE 24 WALL STREET INSIGHT Market looks to extend charge PAGE 2 HOCK LOCK SIEW With more algos, does SGX need circuit breakers? PAGE 5 t 'eneve r <p> Cortina watch Singapore Boutiques: The Shoppes
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  • TOP STORIES
    • Article
      Lock icon THREE-MINUTE DIGEST
      579 2 Warmer S’pore-M’sia ties give Iskandar a boost SINGAPORE investments into the Iskandar Malaysia in South Johor have surged since May this year, mirroring the increased interest by local companies in Malaysia as a whole. Ismail Ibrahim, chief executive of Iskandar Regional Development Authority, told The Business Times that
      579 words
    • Article, Illustration
      Lock icon Market looks to extend charge on Q3 earnings
      841 2  -  Rally is being driven by hopes Fed will start a new round of quantitative easing WALL STREET INSIGHT By in ANDREW MARKS THE US stock market is riding high now on the expectation that the Federal Reserve will support equity and other
      AFP  -  841 words
    • Article, Illustration
      Lock icon Park Hotel Group eyes listing on SGX in H2 2011
      714 4  -  By NISHA RAMCHANDANI SINGAPORE-based Park Hotel Group is eyeing a listing on the Singapore Exchange in the second half of 2011 and possibly, a dual listing in Hong Kong. Allen Law, director of the Park Hotel Group, said in a
      ARTHUR LEE  -  714 words
    • Article, Illustration
      Lock icon Banking veteran says she’s still learning
      1473 4  -  Maybank Singapore CEO Pollie Sim recounts her 30-year journey in the group By CONRAD TAN [SINGAPORE] Few other bank chief executives can claim to have served 30 years in the same organisation, but Maybank Singapore CEO Pollie Sim has done just that. At a
      ARTHUR LEE  -  1,473 words
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      39 2 ALC@VA Happy Hour Promotion P O NETT 11AM till 9PM The longest Happy Hour in CBD area! introducing OUL LADIES NIGHT Get 3 drinks on the house on Wednesdaysi www.alcova.com.sg T:62 *****0 Address 146 Market St (opp. Prudential tower)
      39 words
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      118 3 :v v 3: Np s<# '/OKyea, yep m& #1 a ~t&Oi0% 'W X 0 Yfba&fi 1 MI7 M 0^ r >g? > or >r V- <- t* 22 V 3 ft £5 r- J %m m «ii r >* We know what itta SINGAPORE MALAYSIA INDONESIA THAILAND FORWARD BANKING CIMBGROUP
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      102 4 Education Fair One-stop EDUCATION FAIR on Studying Living in Europe Seminar Schedule: TIME ROOM A ROOM B 10.30 Ireland Italy 11.00 Germany Norway 11.30 The Netherlands Denmark Austria Denmark Finland France Germany★Hungary★Ireland★ Italy★ Netherlands Norway Poland Spain Sweden Switzerland EU Delegation 12.00 Sweden France 12.30 Switzerland Spain 1.00 Poland Ireland
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      117 4 OSEA2010 The 18th International OH Gas Industry Exhibition Conference SINCE 1976 www.osea-asia.com 30 November 3 December 2010 Suntec Singapore Exhibition Opening Hours: 10.30am 6.00pm mm E teruLs i \suv See the latest technologies equipment at Asia's biggest oil gas showcase Meet 1,500 exhibitors and 22,000 trade professionals Gain insights at
      117 words
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  • COMPANY NEWS
    • Article
      Lock icon Serial System mulls listing TDRs
      372 5  -  It seeks to broaden shareholder base, establish another fund-raising avenue By NISHA RAMCHANDANI SERIAL System Ltd is considering listing Taiwan Depository Receipts (TDRs), the latest among a slew of companies taking the dual listing route. Yesterday, Serial System said it is proposing to list up
      372 words
    • Article, Illustration
      Lock icon CapitaLand reaches out to its retail investors
      236 5 OVER the past decade, CapitaLand has distributed some $3.2 billion to shareholders via dividends and an in-specie distribution, while total shareholder return stands at $11.9 billion, which represents a gain of 172 per cent. These were some of the figures shared by president
      236 words
    • Article
      Lock icon PRIME LENDING RATES
      402 5 Oct8 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 East
      402 words
    • Article
      Lock icon With more algos, does SGX need circuit breakers?
      660 5  -  HOCK LOCK SIEW By R SIVANITHY UNTIL now, the Singapore Exchange (SGX) has resisted introducing “circuit breakers” that would interrupt trading in the local stock market in times of maximum turbulence and volatility. SGX’s logic and that of its predecessor the Stock
      660 words
    • Article
      Lock icon Managing the remuneration system
      1607 7  -  As economies recover, firms need to balance talent’s rising expectations with lessons learned from the global financial crisis UNTICKING THE BOX By NA NA BOON CHONG The writer is managing director, Human Capital, South East Asia, Aon Consulting. Mr Na is also a member of the
      1,607 words
    • Article
      Lock icon COMPANY MEETINGS
      130 7 COMPANY MEETING PLACE DATE TIME Yuexiu Prop E Granville Room, Lower Lobby, Conrad Hotel, Pacific Place, 88 Queensway, Hong Kong 12-Oct 9.30am Ausgroup Ltd A E Anson Rooms 3 and 4, Level 2, M Hotel Singapore, 81 Anson Road, 3.00pm Singapore *****8 15-Oct 3.15pm Singapura Fin A 391A
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      99 5 SARASIN From Every Angle we Offer a Distinct Perspective on Wealth. We've spent some 170 years crafting distinctive private banking solutions. Bank Sarasin cherishes a balanced and sustainable approach not only in terms of growth, resources and investing, but to expertise that has been trusted for generations. Bank Sarasin offers
      99 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon How long more can bets on handouts last?
      699 6  -  STOCKS R SIVANITHY Senior Correspondent IT HAS to be one of the market’s greatest ironies that a lousy employment report which points to a faltering economy can send stock prices rising because it also raises hopes of more “quantitative easing” (QE) or,
      699 words
    • Article
      Lock icon Natural rubber prices back to 2008 highs
      518 6  -  COMMODITY WATCH By AVTAR SANDU The writer is Asian Commodities Manager, Phillip Futures NATURAL rubber prices are again trading at highs last seen in 2008. The outlook for natural rubber looks good as demand from tyre makers continues to grow at a brisk
      518 words
    • Article
      Lock icon Asian units gain for a 6th week on Fed speculation
      389 6 CURRENCIES Bloomberg [BANGKOK] Asian currencies rose for a sixth week, the longest winning streak in a year, on speculation the Federal Reserve will pump more money into its economy, increasing funds available to invest in high-er-yielding assets. The currencies retreated
      Bloomberg  -  389 words
    • Article
      Lock icon RISES
      112 6 BY CENTS CLOSE UP DBXT USDIGInfl 5US$ ***** 584.2 1.9 DBXT AUDMM 5SG$ ***** 420.0 1.8 DBXT AUDMM 5US$ ***** 339.2 1.4 GLD 10US$ ***** 255.4 1.5 DBXT E50 10US$ 4158 231.8 4.4 DBXT iBoxxKR 5US$ ***** 221.4 1.4 JMH 4740 209.6 3.5 CMProp 1800 155.6 105.0 DBXT MSKorea
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    • Article
      Lock icon FALLS
      116 6 BY CENTS CLOSE DOWN DBXT AUD Bonds 5AU$ ***** -61.3 -0.3 DBXT S&P Short 10US$ 4961 -48.5 -0.7 CityDev 1240 -48.0 -3.7 DBXT MSEurope 10US$ 4316 -34.1 -0.6 CityDev.ES.1010 1246 -32.0 -2.5 F&N 626 -22.0 -3.4 Venture Corp 951 -22.0 -2.3 Olam 313 -18.0 -5.4 BMT 620 -10.0 -1.6
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    • Article
      Lock icon BROKERS’ RECOMMENDATIONS
      1451 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 2.80 2.60 10 10.75 11.16 1.28 1.20 ARA Asset Mgt 1.75 1.75 4 7.33 17.75 1.28 1.30 Armstrong Industrial 1.00 1.00 3 4.95 8.69 0.54
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    • Article
      Lock icon CURRENCIES
      87 6 Where S$ stands Oct 8 CHNG YR 2010 CLOSE FR Oct 7 S$ LOW S$ HIGH US$ 1.3102 -0.34 1.4219 1.3057 Euro 1.8220 0.10 2.0153 1.6886 Pounds 2.0778 0.03 2.2831 2.0003 A$ 1.2785 0.96 1.2960 1.1515 Yen* 1.5906 -0.50 1.6080 1.4467 Rupiah* 0.***** -0.23 0.***** 0.***** Baht* 4.3563 0.31
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    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 6 WEEKLY
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    • Article
      Lock icon OTHER SINGAPORE INDICES
      66 6 Oct 8 VALUE CLOSE BT OB/OS 118.00 -11.00 BT CADI -*****.00 +5.00 BT 10-day MA -*****.00 +12.00 FTSE ST Mid Cap 778.28 -0.06 FTSE ST Small Cap 582.19 +2.76 FTSE ST All Share 779.56 -2.36 FTSE ST China Top 288.23 +2.14 FTSE ST China 321.95 +0.11 FTSE
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    • Article
      Lock icon MOST ACTIVE STOCKS
      57 6 VOLUME Genting SP 726,770,000 *Genting HK US$ 372,404,000 Yongnam 283,938,000 JES 216,258,000 MDR 194,830,000 Golden Agri 167,924,000 OUE 160,264,000 Noble Grp 154,809,000 GMG Global 152,542,000 Yamada 140,972,000 VALUE($) Genting SP 1,486,493,764 OUE 452,738,610 DBS Grp 401,711,603 Keppel Corp 374,631,610 OCBC Bk 341,947,240 SingTel 329,851,030 Wilmar 319,824,924 Noble
      57 words
    • Article, Illustration
      Lock icon A week of gains for all 6 portfolios
      1435 8  -  TEH HOOI LING Senior Correspondent SMALL-CAP stocks continued to advance last week even as the bluechip index appeared to be hitting some resistance. All six of our portfolios gained last week with the average increase at 1.3 per cent. This compared with
      1,435 words
    • Article, Illustration
      Lock icon Trading by directors falls, but buys outweigh sales
      1307 8  -  INSIDE MARKETS By ROBERT HALILI The writer is managing director, Asia Insider Ltd TRADING by directors fell last week, with only 19 companies recording 45 trades worth $9.1 million, based on filings with the exchange from Oct 4 to Oct 8. The
      1,307 words
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      87 6 Phillip Futures ;h. Brirraing Global Markets Closer to You www, phillipfutures.com.sg 6538 0500 Brought to you by Phillip Futures Pte Ltd (A member of PtiillipCapitaJ) The above information does riot constitute an investment advice, an offer/solicitation to buy/sell the above mentioned investment produces). Trading in the above products carries a
      87 words
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      81 7 o MARKETS get thinking FX/CFD trading Trade EUR/USD from 1 pip and no re-quotes. FO/f G Standard and mini contracts on the same tight spreads. Automatic rebates for high-volume traders. World's No. 1 CFD provider.* Start FX trading at igmarkets.com.sg CFD trading can result in losses that exceed your initial
      81 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Sports Hub to revive Kallang Roar: official
      565 9  -  When there is no major event, there’ll be continuous ‘hum’ of other activities By LEE U-WEN THE upcoming Sports Hub on track to open its doors in mid-2014 will revive the famous “Kallang roar” here, says a key member of the consortium that
      YAP NING/THE NEW PAPER  -  565 words
    • Article
      Lock icon More chronic illnesses added to GP outpatient care list
      325 9  -  By NISHA RAMCHANDANI FIVE more chronic diseases will be added to the list of diseases covered under the Primary Care Partnership Scheme (PCPS) from April 1 next year, a move that is expected to benefit some 8,000 Singaporeans. Under the scheme,
      325 words
    • Article
      Lock icon DIVIDENDS ANNOUNCED
      804 9 Payment Ex Books Pay Ann (cts) date close date date Ascott R Trust cf 17-Sep 21-Sep ai 14-Sep ASL Marine ak 3.000 27-Oct 29-Oct 10-Nov 19-Aug AusGroup ak 0.640 20-Oct 22-Oct 12-Nov 24-Aug Avi-Tech Elect ak 0.250 04-Nov 09-Nov 24-Nov 27-Aug Avi-Tech Elect be 1.000 04-Nov 09-Nov 24-Nov
      804 words
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      611 9 A special feature brought to you by Service you can trust Cycle Carriage’s Mercedes-Benz Authorised Service Centers keep your car in good shape By Cheryl Tay THE first time Mr Jimmy Lim, 62, brought his Mercedes-Benz E-Class to a third-party workshop was also the last time. Mr Lim had been
      611 words
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  • VIEWS FROM THE TOP
    • Article, Illustration
      Lock icon Riding the green wave
      4771 10 THIS WEEK’S TOPIC If there were a ranking of companies by corporate environmental responsibility, where would you place Singapore companies: top 10 per cent, top 25 per cent, top 50 per cent, or worse? What would it take to get Singapore companies into the top 5
      STOCK.XCHNG  -  4,771 words
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      147 11 W I f er) hanci ng the eco-^ i JO- Technicians M ill Congratulations to the recipients of the President's Award for the Environment 2010! Hitachi Global Storage Technologies SINGAPORE POLYTECHNIC Nan Hua High School The President's Award for the Environment is the highest environmental accolade for significant contributions towards
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      11 11 For the complete list of views from CEOs, go to http://businesstimes.com.sg
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  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • Article, Illustration
      Lock icon Turning technology into business
      1379 12 A strong business ecosystem, the right environment and institutions keep innovation afloat, says Stanford’s Professor Miller FOR nearly a century, Silicon Valley has been the leading hub for high-tech innovation and development in United States, and also something that many others try to emulate. Much of
      1,379 words
    • Article, Illustration
      Lock icon Catch the trade winds in your sails
      1246 12  -  Business study missions during our undergraduate days were enlightening, says THENUGA VIJAKUMAR CAMPUS LIFE THENUGA VIJAKUMAR The writer holds a first degree in business management and is currently pursuing a Juris Doctor at SMU School of Law DURING my undergraduate degree, I went
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      45 12 THE Business Times-Citibank Young Investors' Forum is published every Monday in The Business Times. It aims to raise the financial awareness of university and polytechnic students and cultivate a better understanding of business issues. The series is part of BT and Citibank's tertiary outreach programme.
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  • ECONOMY WATCH
    • Article
      Lock icon Central bankers expect tighter financial rules
      666 13 They say the Basel accord represents only the minimum that’s necessary Bloomberg [WASHINGTON] Central bankers from Switzerland and Canada told bank executives to expect more global financial rules, especially for the largest institutions. Switzerland’s Philipp Hildebrand, president of the Swiss National Bank, and Bank
      Bloomberg  -  666 words
    • Article
      Lock icon US should pursue fiscal stimulus, not cuts: Soros
      301 13 Bloomberg [WASHINGTON] Billionaire investor George Soros said that the US economy should pursue more fiscal stimulus instead of joining international efforts to reduce budget deficits. Mr Soros said that spending cuts are the “wrong consensus” in the current economic environment. He said
      Bloomberg  -  301 words
    • Article, Illustration
      Lock icon Swan sees surging A$ hitting some industries
      583 13 AFP [SYDNEY] The surging Australian dollar, which analysts say is set for a sustained period at or above recent record highs, could cut into national revenues as exports suffer, Treasurer Wayne Swan warned yesterday. The Aussie is rocketing on the back of an
      AFP; REUTERS  -  583 words
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      86 13 WE'VE GOT THE i 4 GUARANTEED TO FLY EVERYDAY! OVER 386 WEEKLY DIRECT FLIGHTS FROM SINGAPORE (CHANGI TERMINAL 1) KUALA LUMPUR 9x DAILY JAKARTA 5x DAILY BANGKOK 3x DAILY BALI 3x DAILY PHUKET DAILY LANGKAWI 4x WEEKLY PEN ANG 2x DAILY KOTA KINABALU DAILY KUCHING DAILY YOGYAKARTA DAILY +BANDUNG DAILY
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon Good and bad takeover proposals
      643 14  -  EPF’s purported plan to buy PLUS Expressways makes economic sense, while MMC’s bid for UEM does not 14 S JAYASANKARAN KL Correspondent MMC Corporation has submitted a bid to buy the UEM Group from Khazanah Nasional together with state-owned trust agency Permodalan Nasional (PNB) and
      643 words
    • Article, Illustration
      Lock icon Reformists lose hope for Indonesia
      571 14 AFP [JAKARTA] The vaunted Reformasi era of democratic change in Indonesia is coming to a dead end under President Susilo Bambang Yudhoyono’s leadership, if his candidate for police chief is any indication, activists say. Some are already drafting obituaries for the spirit of openness and
      AFP; REUTERS  -  571 words
    • Article
      Lock icon Indonesian court restores charges against graft fighters
      265 14 AP [JAKARTA] Indonesia’s highest court restored criminal charges against two an-ti-graft commissioners, allowing them to be tried on accusations that have stirred public anger. President Susilo Bambang Yudhoyono had ordered prosecutors to drop the charges of bribery and blackmail in December, after a
      AP  -  265 words
    • Article
      Lock icon BURSA MALAYSIA
      1986 14 VOL Oct 8 RM +/-(‘000) A M Realty 0.48 0.01 146 Abric Bhd 0.22 unch 20 Advance Synerg 0.15 unch 615 Adventa Bhd 2.42 -0.04 222 Ae Multi Hldgs 0.33 -0.01 454 Affin Holdings 3.25 0.01 2266 Ahmad Zaki Res 1.00 0.13 6853 Aic Corp 0.92 0.02 813
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  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon China eyes new links to Europe amid political rift
      643 15 European business deals sealed despite Nobel Peace Prize row AFP [ATHENS] China is laying the groundwork for a new Silk Road to Europe, holding out the promise of lucrative investments to a continent limping to economic recovery despite the ideological gulf
      AFP  -  643 words
    • Article, Illustration
      Lock icon Private equity chasing BRIC economies
      873 15 Growth prospects outweigh risks of toppy valuations, price bubbles Reuters [HONG KONG] US buyout firms have piled into the hot economies of China, India and Brazil this year in hopes of capitalising on fast growth prospects, braving risks including toppy valuations and price bubbles that
      Reuters; AFP  -  873 words
    • Article
      Lock icon India may intervene in forex market: central bank chief
      369 15 Bloomberg [WASHINGTON] India may intervene in the foreign exchange market if capital inflows are “lumpy and volatile”, central bank governor Duvvuri Subbarao said after the rupee completed a sixth weekly gain. “If the inflows are lumpy and volatile or if they
      Bloomberg  -  369 words
    • Article
      Lock icon Pipeline of Chinese movies humming nicely at Fox
      527 15 AFP [LOS ANGELES] Media giant Fox is celebrating after joining fellow majors by producing its first film in Mandarin, as it battles for a slice of an exploding Chinese movie market. The Fox International division was created in 2008 to “make local
      AFP  -  527 words
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      399 15 Singapore Accountancy 2010 Date: 2 November 2010, Tuesday Time: 8.00 AM 5.15 PM (Seminar) 6.30 PM-10.00 PM (Gala Dinner) Venue: Marina Bay Sands, Singapore For more information and to register, please visit: www.icpasevents.org.sg xu Profession on the Move At this thought leadership initiative organised by the Institute of Certified Public
      399 words
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      946 1617 An accomplishment fueled by dedicatioifandinnovation 1 Dyna-Mac celebrates the successful Completion and Load Out of 19 Topside Modules, 1 Turret Support Structure and 5 Piperacks (at a total weight of 18,000 tonnes) for BP Angola PSVM FPSO in 5,300,000 Manhours. Engineering excellence can only be achieved with an inherent culture
      946 words
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  • ASIA-PACIFIC/WORLD
    • Article
      Lock icon Abu Dhabi scales back plans for clean-energy city
      359 18 AP [DUBAI] Plans for an ambitious clean-energy city being built in the desert outside Abu Dhabi are being scaled back as part of a wide-ranging review of the US$22 billion project, the government announced yesterday. The state company behind Masdar City said
      AP  -  359 words
    • Article
      Lock icon Fortis Global Healthcare to buy HK QHA’s units
      323 18  -  Its acquisition of 5 Quality Healthcare Asia subsidiaries to cost over HK$1.5b By NISHA RAMCHANDANI FORTIS Global Healthcare Holdings, which is owned by Indian billionaires Malvinder Singh and Shivinder Singh, has agreed to acquire the healthcare businesses of Hong Kong-based Quality Healthcare
      323 words
    • Article, Illustration
      Lock icon Vettel leads Red Bull to 1-2 finish
      612 18 AP [SUZUKA] Red Bull’s Sebastian Vettel edged out teammate Mark Webber yesterday to win the Japanese Grand Prix and move closer to the Formula One championship lead. Vettel started from pole position at the Suzuka circuit and led for most of the race
      AP; AFP  -  612 words
    • Article
      Lock icon Liverpool sale to Red Sox owner not so cut-and-dried
      540 18 AP [LONDON] Liverpool’s takeover by the owners of the Boston Red Sox will not go ahead if the English club is forced to enter a form of bankruptcy protection and gets penalised in the Premier League standings, people with knowledge of
      AP  -  540 words
    • Article
      Lock icon DB Platinum
      16 18 Branchen Stars R1C-A EUR db X-MACROTrading Index Fund I4D GBP 04/10/10 127,02 30/09/10 100,97
      16 words
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      Lock icon DB Platinum II
      11 18 FX Select Guaranteed Fund R1D 04/10/10 100,98 USD
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    • Article
      Lock icon DB Platinum IV
      29 18 Balanced Currency Harvest Euro I1C EUR Booster Capital Guaranteed Fund SGD R1D SGD Double Joy Capital Guaranteed Fund R1D USD 04/10/10 100,12 30/09/10 10,49 30/09/10 9,98
      29 words
    • Article, Illustration
      Lock icon Dubai, RIM resolve dispute, averting BlackBerry ban
      542 19 Wording of UAE announcement suggests regulator’s reprieve permanent AP [DUBAI] The United Arab Emirates last Friday backed off on a threat to cut key BlackBerry services, just days before a planned ban that could have harmed the country’s busi-ness-friendly reputation. The last-minute decision
      AP; AFP  -  542 words
    • Article
      Lock icon Drill reaches trapped Chile miners
      517 19 Bloomberg [SANTIAGO] Chilean officials working to rescue 33 miners trapped half a mile underground said a drill broke through into the chamber last Saturday where the men have been stranded for over two months. A crowd made up of family members, hundreds of foreign and
      Bloomberg  -  517 words
    • Article
      Lock icon Asia market has room for tablets and laptops
      608 19 Tablet’s a secondary portable device for PC owners: analysts AFP [TAIPEI] Tablet computers such as Apple’s iPad and Samsung’s Galaxy have had a fanfare of publicity, but they are unlikely to kill off their older cousin the laptop anytime soon, say Asian
      AFP  -  608 words
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      1315 18 NOTICES X5 HORKEW HOR KEW CORPORATION LIMITED (Reg. No. *****3415K) NOTICE TO WARRANT HOLDERS EXPIRY OF WARRANTS ON 11 NOVEMBER 2010 TO: ALL HOLDERS OF FREE DETACHABLE WARRANTS ("WARRANT") ISSUED BY HOR KEW CORPORATION LIMITED ("COMPANY"), EACH WARRANT CARRYING THE RIGHT TO SUBSCRIBE FOR ONE (1) NEW ORDINARY SHARE ("NEWSHARE")
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      Lock icon Page 18 Advertisements Column 2
      132 18 LUXURY TOURS TRAVEL PTE LTD i "Fulfilling your requirments with finesse" Our experienced team of planners takes charge right from the start. We offer you the best venues available, suggestions settings. These include transportation, meals, sightseeing tours tourist guides. Our services at a glance Incentive Conference packages Coach Charter to
      132 words
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      333 19 f T CELEB RATIN( School of Management 15 (_1 in Singapore University at Buffalo The State University of New York Knowledge in Practice Open Lecture The Future of (Human) Capitalism The free enterprise system is the foundation for many of the world's economies, but how has it performed over the
      333 words
  • Page 19 Miscellaneous
    • Miscellaneous
      Lock icon Page 19 Miscellaneous Column 1
      31 19 i/v/V JACKPOT n W V RCB Reg No: *****0202G TODAY Sales dose at 6pm Draw at 6.30pm at PoMo For details, visit www.singaporepoois.com.sg h Towards Community Purpose and Benefit SINGAPORE m
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  • WORLD
    • Article, Illustration
      Lock icon Policymakers fail to resolve currency row
      875 20 But finance chiefs agree IMF is best placed to cool rising currency tensions AP [WASHINGTON] IMF policymakers failed to reach a consensus on measures to head off what some see as a looming currency war but pledged to keep working toward easing global economic
      AP; AFP  -  875 words
    • Article
      Lock icon PBOC’s Zhou warns of sovereign risks
      566 20 Bloomberg [WASHINGTON] China’s central bank governor Zhou Xiaochuan said the global economic recovery is “weak and highly uneven” and warned that mounting fiscal deficits in developed countries may lead to renewed risks of sovereign default that would destabilise financial markets. “Sovereign risks could deteriorate
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      Lock icon Sharp yuan revaluation will harm China, world: Wen
      613 20 A 20-40% rise will destroy firms, lead to mass job losses AFP [BEIJING] A sharp revaluation in the yuan would trigger mass factory closures and job losses in China, analysts say, backing up the government’s strident defence of its controversial exchange rate
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    • Article
      Lock icon IMF told to toughen scrutiny of rich powers
      506 20 Developing nations blame US for global imbalances Reuters [WASHINGTON] Emerging powers have won a battle for heightened IMF scrutiny of rich countries’ economic policies. The International Monetary Fund’s 187 member countries gave voice to long-running frustrations of emerging economies, which say that
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    • Article
      Lock icon Asia braces for currency wars but options limited
      599 20 AFP [SINGAPORE] Emerging Asia is braced for collateral damage in case of an all-out currency war between the world’s most powerful economies, but regional governments have limited options, economists say. The subject dominated annual International Monetary Fund (IMF) talks in Washington over
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      Lock icon AIA Group IPO gets strong early demand
      587 21 Fund managers attribute this to attractive pricing of the mega offer Reuters [HONG KONG] American International Group Inc has received strong demand for the mega IPO of its Asian life insurance business, AIA Group Ltd, with the offer covered more than five times
      Reuters; AFP  -  587 words
    • Article
      Lock icon Australia’s QR National IPO to raise up to US$5b
      386 21 Reuters [BRISBANE] Australia’s Queensland state government said it planned to raise up to US$5 billion in the sale of rail freight business QR National, the country’s biggest IPO in more than a decade, breaking a drought in large share offers since
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    • Article
      Lock icon US midterm elections to be the costliest ever this year
      453 21 AFP [WASHINGTON] The United States midterm elections in November are on track to be the costliest ever after controversial high court rulings opened the way for shadowy donors to flood key races with cash aimed at shaping the outcome. “This
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      40 21 The Bottle Shop Grand Opening Sale TripleOne Somerset 11-18 October 2010 For every bottle you buy we will donate S$9 to Kwong Wai Shiu Hospital Located at: TripleOne Somerset, 111 Somerset Road #01-27 Singapore *****4. Phone: +65 6820 1855 www.1855thebottleshop.com
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      4625 22 HATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg s SIM LIAN GROUP LIMITED Registration No. *****4760C (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Tenth Annual General Meeting of Sim Lian Group Limited ("the Company") will be held at Jurong Country Club,
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      209 22 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF KULICKE SOFFA MANAGEMENT CO PTE LTD (IN MEMBER'S VOLUNTARY LIQUIDATION! (Company Registration No. *****3855W) NOTICE TO SUBMIT PARTICULARS OF DEBTS OR CLAIMS Notice is hereby given that the creditors of the abovenamed Company, whose debts or
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      17 22 Head to CATS FASTADS in The New Paper for education options! >&*> MATS BUY IT.SELL IT• FIND IT
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  • AVIATION/SHIPPING
    • Article, Illustration
      Lock icon Most don’t see global pilot shortage yet
      1017 23  -  Recent pilot shortfall at Tiger, Philippine Airlines seen to be company specific By VEN SREENIVASAN “We’ve got the stripes guaranteed to fly everyday”. Few would have missed the full page advertisement placed by AirAsia on Sunday’s The Straits Times, showing a captain’s shoulder
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    • Article
      Lock icon Strikes cause disruptions at French ports
      187 23 AFP [MARSEILLE] Ports across France experienced disruptions and in some cases total shutdown on Saturday as union-led workers protested against government plans to increase the retirement age. Container ships stood unloaded at Marseille on the Mediterranean coast, while a strike by workers at the
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    • Article
      Lock icon TRANSPORT STOCKS
      278 23 SGX '000 Oct 9 S$ +/-Vol CH Offshore 0.56 -0.01 1487 Chuan Hup Hldg 0.26 unch 72 Cosco Corp 1.89 0.05 ***** CWT Ltd 0.98 0.01 343 Ezra Hldgs 1.77 0.01 2193 First Ship Lea 0.47 unch 304 Freight Links 0.07 unch 2812 Grand Banks unch unch 0
      278 words
    • Article
      Lock icon Flight crew’s dance video boosts Cebu Air’s profile
      422 23 Bloomberg [MANILA] Cebu Air Inc flight attendants twirl seat belts and spin round in life jackets as Lady Gaga’s song Just Dance blares out over aircraft speakers. The video of a pre-take-off safety demonstration, posted on YouTube on Sept 30, has drawn
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    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2992 23 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi 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 Auckland LH9761 0640 LH9760
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  • Page 23 Miscellaneous
    • Miscellaneous
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      311 23 CRYPTIC CROSSWORD Across 1 Election date endlessly changed providing diversion (11) 9 Gray, for example, put in English syllabus (7) 10 Type tending to the right? (6) 12 Republic lying initially next to Spain and Portugal (7) 13 Insects circling a taut, empty web (7) 14 Member following a Labour
      311 words
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  • DINING OUT
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      Lock icon Porridge perfection
      688 24  -  NEW RESTAURANT Long Xia Zhou Shi Jia Orchard Central, #08-09 181 Orchard Road Tel: 6634-7318 By Cheah Ui-Hoon THE name Long Xia Zhou Shi Jia doesn’t quite roll off the tongue as easily as, say, Lei Garden or Hua Ting, but owner Howard Tang is right to say
      688 words
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      66 24 With 200 digital screens in 40% of all* shopping centres in Singapore, our Retail Networkreachesouttoyourcustomerswhentheyarenearapoint-of-purchase. Catch them while you can. Call us at 6319-5226 to find out how. *Source:TASC ■52 YOUNG INVESTORS 1 r No ««db' FORUM 1 VIEWS FROM DINING OUT THE TOP MWheUnfflosSaint PW eunw n«i menus r»«
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      1493 24 BUY IT-SELL IT-FIND IT MATS "VTTr^FC Toll free: 1800-289-8822 Email: notices@sph.com.sg NOTICES SPINDEX INDUSTRIES LIMITED (Incorporated in the Republic of Singapore) (Registration No. *****1451M) NOTICE OF THE 23RD ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 23rd Annual General Meeting of the Company will be held at 6 Neythal
      1,493 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      9373 25 Week ended: Oct 8 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 21 13.5 3148 8Telecom 19 unch 410 19 18.5 18.5 19 1.7 9.5 6.1 91 12 5 5834 A-Sonic
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    • Article
      Lock icon SGX CATALIST
      2051 26 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 $mil 9 4 1181 t AA Grp 4.5 4 5 25 4.3 225 130 6222 t APStrategic 159 -1 2 159 157 151
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    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      113 26 Stock name Close Change Stock name Close Change Stock name Close Change CapMallsAsia 2.250 -0.030 CapitaLand 4.200 -0.010 CapitaMall 2.150 +0.010 CityDev 12.400 +0.100 ComfortDelGro 1.520 -0.020 DBS Grp 14.420 F&N 6.260 -0.080 Genting SP 1.980 -0.050 Golden Agri 0.575 -0.005 HK Land 6.570 -0.060 JMH
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    • Article
      Lock icon STOCKS ASIA
      2654 26 Transaction date: Oct 8 For a full listing of the closing prices, log on to BT online at http://business-times.asia1.com.sg after 11.30pm every trading day HONG KONG Vol HK$ +/-'000 Aeon Credit 6.72 unch 0 Aeon Stores 16.80 -0.08 76 Angang Steel 12.98 -0.02 ***** Anhui Conch 33.45 -1.15
      2,654 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 26 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 11 4 4 0 0 0 11 4 4 Manufacturing 108 54 66 12 10 23 120 64 89 Commerce 40 23 21 8 2 9 48 25 30 Tpt/Stor/Comms 23 14 8
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    • Article
      Lock icon SGX ETF
      920 26 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 $mil 124 107 6389 ABF SG Bond ETF 116 -3 366 118 115 116 118 529.5 1016 757 CIMBAsean40 100US$ US1006 +16 157 1016 986
      920 words
    • Article
      Lock icon CLOB INTERNATIONAL
      82 26 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 $mil 56 38 6000 AVJennings A51.5 unch 43 52 47.5 48.5 51.5 3.6 6.8 4.1 134.1 55 16 6017 Genting HK US$ US43.5 -2.5 *****4
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      123 26 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 174,365 174,365 549,681 549,681 Manufacturing 2,727,854 213,315 2,941,169 1,680,595 29,917 1,710,512 Commerce 541,240 188,355 729,595 676,935 25,931 702,866 Tpt/Stor/Comms 685,574 18,019 703,593 1,147,321 2,153 1,149,474 Finance 141,628 276 141,904 1,317,352 37 1,317,389 Construction 488,289 57,229
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      26 26 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 27 In local curr In S$ In US$ dy yr dy yr dy yr Oct 8 Index Change Change Change Change Change Change World Index Preliminary 845.7 0.1 1.6 0.1 -3.8 0.2 3.4 EAFE Preliminary 772.5 -0.2 -1.6 -0.2 -5.3 -0.1 1.9 Europe Preliminary 1133.0 -0.1
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    • Article
      Lock icon INTERBANK RATES
      184 27 Oct 8 $S Offer Bid 0vernight 0.06 0.03 1-month 3/8 1/8 2-months 7/16 3/16 3-months 9/16 5/16 Overnight mode: 0.03 US$ Offer Bid 7 days 0.35 0.25 1 month 0.48 0.28 2 months 0.50 0.30 3 months 0.53 0.33 6 months 0.62 0.52 9 months 0.80 0.60 12
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    • Article
      Lock icon US$/S$ FORWARD RATES
      22 27 Oct 8 S$ Bid Offer 1-month 1.3098 1.3100 2-months 1.3097 1.3100 3-months 1.3098 1.3100 6-months 1.3097 1.3099 Source: OCBC
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    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      132 27 Oct 8 As at 9am Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2710 1.3090 Can dollar 1.2760 1.2910 Euro 1.8090 1.8300 NZ dollar 0.9720 0.9940 Sterling pound 2.0630 2.0880 US dollar 1.3010 1.3160 Local dollars to 100 units of foreign
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    • Article
      Lock icon STOCK INDEX FUTURES
      27 27 Oct 8 Open High Sett STI Oct 3151 SIMSCI Oct 371.8 372.5 369.3 Taiwan Oct 292.0 293.0 289.6 Source: MF Global (S) Pte. Ltd
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    • Article
      Lock icon SICOM FUTURES
      146 27 Oct 8 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Nov 10 378.9 377.0 378.9 15 363 Dec 10 379.0 452 Jan 11 381.0 583 Feb 11 381.0 754 Mar 11 383.0 404 Apr 11 382.5 144 May 11
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    • Article
      Lock icon GOVERNMENT SECURITIES
      88 27 Oct 8 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****N 06.01.2011 0.28 1-Year BY*****W 03.05.2011 0.33 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****1E 2.500 01.10.2012 104.13 104.16 104.16 5-Year N*****0S 2.875 01.07.2015 109.33 109.39 109.35
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    • Article
      Lock icon CHICAGO BOT
      105 27 Oct 8 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Nov 10 1135.00 1065.00 1135.00 1062.00 Jan 11 1145.00 1075.00 1145.00 1072.00 Mar 11 1153.25 1083.25 1153.25 1080.00 May 11 1157.25 1087.25 1157.25 1083.75 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Oct 10 46.22 43.79 47.10
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    • Article
      Lock icon CRUDE OIL & PRODUCTS
      77 27 CRUDE OIL PRODUCTS Oct 7 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 84.15 -1.49 WTI (Near Mth) 81.47 -1.80 Dubai (1-Mth F) 82.73 0.61 Tapis blend 92.10 0.55 Minas 85.45 0.55 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 82.00 1.03 Jet Kerosene 95.40 0.15 US$/barrel Opec Oil
      77 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      2506 27 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Tel Last Vol Conv Exer Disc Gear-Mths Code Company Sale +or-('000) Ratio Price ing Left 4869 A-Sonic Aerospace W*****0 3 unch 2143 1 3 2.00 2 6221 Asia-Pacific Strategic W*****6 39 1 150 19 4.08 43 6227 ASJ Hldgs W*****1 2.5 unch 80 1
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    • Article
      Lock icon INTERBANK CROSS RATES
      464 27 Oct 8 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.993 6.513 0.701 7.569 43.240 87.105 0.804 10.944 3.034 1.304 83.802 42.391 1.278 6.761 0.944 30.180 29.336 0.616 0.976 Canada 1.007 6.560
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    • Article
      Lock icon SIBOR
      85 27 Oct 8 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 0.***** 0.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      154 27 Oct 8 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2777 1.2786 0.9755 0.9760 Canadian dollar 1.2870 1.2876 0.9826 0.9829 Euro 1.8226 1.8231 1.3915 1.3917 NZ dollar 0.9792 0.9807 0.7476 0.7486 Sterling pound 2.0741 2.0750 1.5835 1.5840
      154 words
    • Article
      Lock icon PRECIOUS METALS
      138 27 GOLD (US$/oz) Oct 08 Oct 07 Hong Kong 1333.30 1362.00 Oct 07 Oct 08 London 1331.90 1347.65 1332.90 1348.00 Source: Thomson Reuters CAST BAR Oct 08 (S$) Selling Buying Kilobar 60,158.61 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 135 56 5gm 383 281 10gm 683 561 20gm
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      Lock icon LONDON METALS
      71 27 Oct 8 Oct 8 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2385.75 2291.75 3 months 2420.00 2325.00 Copper, Grade A (US$/tonne) Cash 8304.00 8086.75 3 months 8310.00 8100.00 Lead (US$/tonne) Cash 2243.75 2181.00 3 months 2272.00 2209.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne)
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    • Article
      Lock icon LIFFE
      82 27 Oct 8 COCOA (£/tonne) Close Prev High/Low Dec 10 1870 1840 1874/1828 Mar 11 1892 1862 1896/1851 May 11 1910 1881 1913/1870 Jul 11 1927 1897 1931/1886 COFFEE (US$/tonne) Close Prev High/Low Nov 10 1655 1621 1657/1590 Jan 11 1687 1653 1689/1623 Mar 11 1710 1677 1713/1647 May 11
      82 words
    • Article
      Lock icon PALM OIL
      66 27 Oct 8 KLCE PALM FUTURES (RM/MT) Delivery Opening Last Av Vol Open Month Range Price Price High Low Done Position Oct 10 2790 2790 2790 2790 47 195 Nov 10 2813 2784 2813 2774 1021 9627 Dec 10 2806 2760 2808 2753 ***** ***** Jan 11 2801 2754
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    • Article
      Lock icon SGX DERIVATIVES TRADING
      412 27 Oct 8 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Dec10 99.6750 0 7515 Mar11 99.6350 0 1512 Jun11 99.5850 0 1754 Sep11 99.5050 0 1416 EUROYEN TIBOR FUTURES Dec10 99.6925 0 2786 Mar11 99.7175 0 1299 Jun11 99.7450 1 2574 Sep11 99.7250 99.7250 99.7200 99.7400 0
      412 words
    • Article
      Lock icon THE BUSINESS TIMES SHIPPING TIMES
      5732 28 BALISA SHIPPING TRADING PTE LTD 8 Shenton Way, #40-03A, Singapore *****1 Tel: 6345 5700 Fax: 6345 5227 Email: singapore@balisagp.com CR NO. **********0W UK CONTINENT SERVICE U.S.A. SERVICE Destination STXPO TBN Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Destination STXPO TBN New Orleans/Camden *Loads E./W.
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      33 29 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 TIMES
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  • BizIT
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      Lock icon Biz growth to boost IT spend on software here
      854 30  -  Gartner poll finds average IT budget of companies in Asia-Pacific is US$16 million, but it’s lower for Singapore companies, reports RAJU CHELLAM RAJU CHELLAM WITH the economy looking brighter in the Asia-Pacific region, more large enterprises are increasing the budget to
      854 words
    • Article
      Lock icon Microsoft banks on new mobile OS
      404 30 AFP [NEW YORK] Microsoft will unveil a new mobile phone operating system today in what is being seen as a potentially make-or-break effort by the US software giant to remain a player in the hotly competitive niche. Microsoft chief executive Steve Ballmer is to
      AFP  -  404 words
    • Article, Illustration
      Lock icon New technology expected to kick-start mobile payments
      979 31  -  Frost’s analysis shows NFC-enabled phones likely to change the mobile payments industry By AMIT ROY CHOUDHURY A NEW study shows that despite a mo-bile-phone penetration rate of nearly 140 per cent, Singapore has shown little comparable adoption of mobilepayments (m-payments) which make use
      979 words
    • Article
      Lock icon Google testing self-driving cars
      281 31 Bloomberg [SAN FRANCISCO] Google Inc, owner of the world’s most popular search engine, said it’s testing vehicles that drive themselves to help improve road safety and address environmental concerns. The self-driving cars have travelled more than 140,000 miles (225,308 kilometres) in the experiments, according to a
      Bloomberg  -  281 words
    • Article, Illustration
      Lock icon Companies experiencing ‘innovation gridlock’
      729 32  -  Many companies also continue to run redundant legacy applications Reports by VICTORIA HO COMPANIES should take a magnifying glass to their software processes in order to spark IT innovation, said a Hewlett-Packard (HP) executive. Paul Schroeter, HP’s strategic marketing manager for Asia-Pacific and Japan for HP
      729 words
    • Article
      Lock icon Why developing countries are more innovative
      395 32 THE developed world should worry about the pace of innovation in developing countries, which are unfettered by the complacencies of developed markets, according to Fredrik Haren. Mr Haren, author of The Idea Book, was delivering the keynote at an innovation forum jointly organised by
      395 words
    • Article
      Lock icon Cyber attacks getting more serious: survey
      605 32  -  By AMIT ROY CHOUDHURY CYBER attacks are getting more sophisticated and there’s a possibility that terrorist organisations as well as foreign governments could get involved in such attacks according to the findings of a recent survey. The survey noted that many countries (including Singapore)
      605 words
    • <what’s up>
      • Article
        Lock icon Kinect’s on sale from Nov 18
        70 32 MICROSOFT’S Xbox 360 Kinect will be available in Singapore from Nov 18. The all-new Xbox 360 4GB console, the Kinect sensor, and Kinect Adventures have been packaged together for a suggested retail price of $469. Existing Xbox 360 console owners can purchase the Kinect
        70 words
      • Article
        Lock icon Latest HTC Android phones
        145 32 HTC Corporation last week unveiled a new HTC Sense experience with the new HTC Desire HD and HTC Desire Z Android-based smartphones. The new HTC Sense introduces a number of innovations including a series of free connected services called HTCSense.com that enhance people’s mobile experience on
        145 words
      • Article
        Lock icon Juniper supplies to CNBC
        57 32 JUNIPER Networks has announced that TV channel CNBC Asia-Pacific has deployed its Ethernet switches to support live broadcasting from the Singapore Exchange. The Juniper Networks EX4200 Ethernet Switches are part of a complete end-to-end IP solution implemented by Nevion, a Juniper partner that addresses the broadcaster’s
        57 words
      • Article
        Lock icon New NEC portable projectors
        92 32 NEC Asia-Pacific, has announced the availability of its new portable series projectors, including the NP-M230X, NP-M260X, and NP-M300X. According to NEC, these models were developed to address the needs of schools and offices on a tight budget that require a bright, network projector with remote monitoring
        92 words
      • Article
        Lock icon Avnet in Check Point tie-up
        68 32  -  Compiled by AMIT ROY CHOUDHURY AVNET Technology Solutions, a solutions distribution leader and an operating group of Avnet Inc, has announced an agreement with Check Point Software Technologies in Singapore to deliver security solutions that address the requirements of local small-to-medium-sized businesses. Following this agreement,
        68 words
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      338 31 A Special Feature Brought To You By EMC EMC? where information lives QUICK FACTS YOU SHOULD NOTE BEFORE BUYING YOUR NEXT UNIFIED STORAGE Here's the First 5... 1 EMC is the FIRST to offer Flash drives in enterprise arrays and has offered them for close to three years on all
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      81 32 (i 2, L GENEVE Creator of dreams R C3 eg &lt;# M f" ■m COLLECTION Fancy Hours Automatic 18K Red Gold with Diamonds 0.5 ct Rotating Solitaire at 12h 11 Rotating Diamond Indexes. SARCAR PAVILLON T MASTERPI ECE Time Jewels 435 Orchard Road #03-11 Wisma Atria Tel: +65 6887 4747
      81 words