The Business Times, 9 July 2012
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2012-07-09
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The Business Times
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Title Section25 2012-07-09 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|£l A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MICA (P) 120/08/2011 Monday, July 9, 201225 words
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Article1379 2012-07-09 1 CAI HAOXIANG - Reits a look beyond the yields Annual compounded returns are 8% a year, beating the 10-year returns of the STI By CAI HAOXIANG [SINGAPORE] Since they were launched 10 years ago, real estate investment trusts (Reits) in Singapore have earned a reputation as a defensive asset that pays out regular1,379 words
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342 2012-07-09 1 VICTORIA HO - By VICTORIA HO [SINGAPORE] The Internet has been in a tizzy since late last week, after the FBI issued its final deadline before it switches off a ring of servers running malicious code today. The US agency took control of the DNSChanger botnet last342 words
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MARKETS DIGEST
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Article57 2012-07-09 1 Weekly Change ST INDEX 2,978.55 +100.10 KL COMP 1,620.55 +21.40 NIKKEI 225 9,020.75 +13.97 HANG SENG 19,800.60 +359.20 SET INDEX 1,200.08 +27.97 JAKARTA COMP 4,055.20 +99.62 MANILA COMP 5,362.68 +116.27 SEOUL COMP 1,858.20 +4.19 SHENZHEN B 639.87 +12.41 MUMBAI IND 17,521.10 +91.20 DOW 12,772.47 -107.62 NASDAQ 2,937.33 +2.28 S&P57 words
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Article20 2012-07-09 1 SINGAPORE 5.38 MALAYSIA 6.55 HONG KONG 5.00 INDONESIA 0.50 TAIWAN 5.036 JAPAN 1.475 Source: Bloomberg 9.33 Source: Bloomberg20 words
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Article49 2012-07-09 1 us$ s$ US$ (S$ per US$) 1.268 (US$/S$ per 1.554 1.970 EURO (US$/S$/E) 1.239 1.571 Foreign currency per US$ S$ YEN 79.90 63.00 RM 3.173 2.503 HK$ 7.754 6.117 BAHT 31.63 24.95 RUPIAH 9,397 7,413 RENMINBI 6.364 5.021 INDIAN RUPEE 55.40 43.70 A$ 0.973 0.768 NZ$ 1.245 0.98249 words
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Page 1 Advertisements
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Advertisement155 2012-07-09 1 FUTURECHINA FORUM Special feature on doing business in China PAGES 16-20 Ready, jet set, go: Find out which credit card gives you the best miles for your buck on BTInvest ©2011 l%rry \A(in6ton, lfe.fharrywinston.com r* M ■< c A K' V T, c r X K r 1 b' I155 words
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Advertisement11 2012-07-09 1 YOUNG INVESTORS’ FORUM Creativity and cash an unlikely pair? page 1211 words
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Advertisement10 2012-07-09 1 VIEWS FROM THE TOP Competing within the law pages 10-1110 words
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Advertisement35 2012-07-09 1 DINING OUT Clan lives up to its hype PAGE 27 BT WEBSITES For breaking news, go to businesstimes.com.sg. For personal finance stories, go to btinvest.com.sg. For more information, e-mail btocs@sph.com.sg or call 6388-3838. *****1 *****435 words
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TOP STORIES
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638 2012-07-09 2 Chinese Premier reacts to property share price rise after interest rate cut Bloomberg [BEIJING] China must “unswervingly” continue its property controls and prevent prices from rebounding, Premier Wen Jiabao said, after the central bank cut interest rates and triggered a surge in propertyBloomberg - 638 words
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759 2012-07-09 2 ROB CURRAN - Negative guidance confirms impact of euro crisis: analysts WALL STREET INSIGHT By ROB CURRAN AFTER months of buffeting from macroeconomic issues, the US stock market will spend this week at the mercy of the most microeconomic of data: quarterly earnings reports. Analysts warn that759 words
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Article, Illustration719 2012-07-09 2 VEN SREENIVASAN - Transaction volume slows down in last few months By VEN SREENIVASAN [SINGAPORE] A bearish stock market, global economic and financial uncertainties and rising inflation have weighed down the golf club membership market, with asking prices down some 7 per cent year-on-year.ST FILE PHOTO; Compiled by BT - 719 words
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Article587 2012-07-09 2 Reits a look beyond the yields SINCE they were launched 10 years ago, real estate investment trusts in Singapore have earned a reputation as a defensive asset that pays out regular dividends. Data compiled by BT show that investors who put their money in Singapore’s 22 Reits since587 words
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Article, Illustration1094 2012-07-09 4 LIM WEI SHENG - Private entities formed each year grow an average 4% yearly from 2005-11 By LIM WEI SHENG [SINGAPORE] New private healthcare outfits have continued to spring up at hearty rates over the past six years, underlined by changing policy thrusts and evolving business dynamicsSource: ACRA - 1,094 words
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Article, Illustration1124 2012-07-09 4 But compromise likely with no alternatives in sight Reuters [LONDON] A scandal over the rigging of the Libor interest rate that underpins financial contracts worth hundreds of trillions of dollars is likely to force regulators to reform the way it is set. But any decisionReuters; BLOOMBERG - 1,124 words
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Advertisement128 2012-07-09 2 PERMANENT RESIDENCY IN THE USA FOR FOREIGN INVESTORS CAISC enables clients of all nationalities obtain permanent residency (Green Card) in the USA through our San Francisco Regional Center, approved and designated by the United States Citizenship and Immigration Service under the EB- 5 investor program. This program has been created128 words
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Advertisement45 2012-07-09 2 GROUP TOUR SPECIALIST Retreats Meetings Team Building Incentive Tours Taylormade Golf Trips East West Malaysia Hong Kong Indonesia Thailand Vietnam Cambodia Macau China We are looking forward to get a challenging assignment from you Luxury Tours Travel Pte Ltd mice@luxury.com.sg S www.luxury.com.sg Tel: 6309 085045 words
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Advertisement19 2012-07-09 3 WHERE DREAMS ARE BUILT THE LEARNING LAB NURTURING FUTURE LEADERS NEW MOUNTBATTEN SQUARE I UNITED SQUARE I ROCHESTER MALL19 words
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Advertisement751 2012-07-09 4 WATS NOTICES THE COMPANIES ACT (CAP.50) 1. Billion Rich Technology Pte Ltd (In Members’ Voluntary Liquidation) (Co. Reg. NO.*****0972C) 2. Debt Hunter Pte Ltd (In Members’ Voluntary Liquidation) (Co. Reg. No. *****0739D) 3. Debt Recovery Services Pte Ltd (In Members’ Voluntary Liquidation) (Co. Reg. No. *****8558C) 4. Hosanna Enrichment Centre751 words
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COMPANY NEWS
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Article, Illustration549 2012-07-09 5 CAI HAOXIANG - Stability, market resilience strong selling points despite lower upside Reports by CAI HAOXIANG SINGAPOREANS like to shop. Investors, too, have been shopping for the best deals. They have found a bargain in retail Reits, which own the malls that locals throng every549 words
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479 2012-07-09 5 ASK Cache Logistics Trust chief executive Daniel Cerf about the risks facing the logistics sector here and he refers to Singapore’s roots as a British colony at the centre of the Malay Archipelago. “You’ve got location, infrastructure, governance,” he says “Liners come479 words
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452 2012-07-09 5 HIT by the volatile macroeconomic outlook and weak rents, Reits that own office properties here are trading at a discount to their net asset values. During the 2008-2009 global financial crisis, an oversupply of office space, together with a drop in452 words
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1906 2012-07-09 8 ROBERT HALILI - INSIDE MARKETS By ROBERT HALILI The writer is managing director,Asia Insider Ltd JULY’S first week saw directors buying fewer shares in the stock market. Their sales dropped to even lower levels, according to filings with the Singapore Exchange. Buyers outweighed sellers with 11 companies recording1,906 words
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Article274 2012-07-09 8 COMPANY MEETING PLACE DATE TIME Marco Polo Marine E RE! Union Ballroom Hotel RE! Peral's Hill 175A Chin Swee Road 09-Jul 10.30am Cityspring Infra Tr A NTUC Business Centre's Auditorium Level 7 Marina Boulevard 10-Jul 10.00am Oceanus Grp E Grand Ballroom, Level 5 Furama City Centre 60 Eu274 words
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Advertisement347 2012-07-09 5 The Property Insight Seminar 2012 Get insights into strata-titled commercial investments, REITs residential property market Are there opportunities in the Singapore property market that you might profit from? Are REITs an alternative to physical asset investments? Is leverage a necessary evil? Our speakers from leading banking, securities and property firms347 words
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Advertisement290 2012-07-09 5 S Foreign Investment Law S Condominium Law S Legal Aspects S Investment Update •S Foreign Exchange Opportunities Urban Redevelopment Telecommunication Shipyard/Ship Building Hotel Tourism Oil Gas Port Development Trade policy Property Developments Investment 6 th Myanmar Business Conference 2012 Hear From Officials 16 17 JULY 2012, Orchard Hotel, Singapore Conference290 words
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SINGAPORE MARKETS
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Article, Illustration635 2012-07-09 6 R SIVANITHY - R SIVANITHY Senior Correspondent TWO themes were obvious from the direction of trading over the past couple of months and were reinforced during the events of the past eight trading days. The the low volume means it’s best to stick to Straits Times Index635 words
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621 2012-07-09 6 CURRENCIES Bloomberg [BANGKOK] The Philippine peso led gains in Asian currencies last week on optimism that central banks in the world’s biggest economies will boost efforts to arrest a global slump. The People’s Bank of China and the European Central BankBloomberg - 621 words
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606 2012-07-09 6 COMMODITIES AFP [LONDON] Commodity prices had a mixed week as traders tracked Chinese and European interest rate cuts, a strong dollar and disappointing new jobs data in the United States. “Commodity market sentiment has been almost exclusively driven by central bank decisions overAFP - 606 words
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Article1452 2012-07-09 6 Consensus No. of Forecast Mean Fri’s recommendation esti-EPS PE target price Company name This wk Last mth mates (cents) (ratio) price AIMS AMP Capital Ind REIT 2.00 2.00 2 10.00 12.50 1.42 1.25 Amtek Engineering Ltd 1.67 1.60 6 0.07 7.35 0.89 0.63 ARA Asset Mgt 1.38 1.381,452 words
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Article66 2012-07-09 6 Jul 6 VALUE CLOSE BT OB/OS 692.00 +122.0 BT CADI -*****.00 +98.0 BT 10-day MA -*****.00 +69.00 FTSE ST Mid Cap 696.23 +4.55 FTSE ST Small Cap 459.52 +3.26 FTSE ST All Share 722.20 +2.39 FTSE ST China Top 208.77 +2.45 FTSE ST China 231.75 +1.64 FTSE66 words
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Article56 2012-07-09 6 VOLUME TT Intl 324,914,000 MDR 285,815,000 Noble Grp 263,407,000 GSH Corp 238,803,000 Golden Agri 224,619,000 Aussino 174,178,000 ChinaTaisan 166,904,000 Genting SP 164,557,000 Yoma 131,308,000 NexGenSCom 130,267,000 VALUE($) Keppel Corp 309,528,701 Noble Grp 301,444,667 SingTel 281,293,964 CapitaLand 278,562,215 DBS Grp 257,657,948 Genting SP 230,622,783 UOB 220,699,339 Sakari 160,524,58556 words
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Article110 2012-07-09 6 BY CENTS CLOSE UP IS S&P500 ***** 410.7 2.4 DBXT Nifty 10US$ 9721 363.8 3.0 JMH 5100 329.6 5.4 Jardine C&C 4935 304.0 6.6 GLD 10US$ ***** 244.6 1.3 DBXT MSAsExJp 10US$ 2962 163.5 4.6 JSH 3150 126.8 3.3 DBXT MSJAP 10US$ 3613 123.0 2.8 Lyxor MS India 10US$110 words
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Article136 2012-07-09 6 BY CENTS CLOSE DOWN SPDRS S&P 500 10US$ *****-***** -45.5 DBXT AUD Bonds 5AU$ ***** -182.3 -0.8 DBXT iBoxxSing 5SG$ ***** -149.0 -1.1 OCBC Bk 5.1%NCPS 100 ***** -97.0 -0.9 Pru 500US$ 1150 -63.4 -4.2 DBXT FTVietnam 10US$ 2303 -53.2 -1.8 DBXT S&P Short 10US$ 3751 -44.4 -0.9 UOB136 words
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Advertisement122 2012-07-09 7 Audi Vorsprung durch Technik A QJJj mm* im t h7 m f m rn < L Designed to inspire you. The Audi A7 Sportback. The power of design, The Audi A7 Sportback was conceived from an inspired thought. Every detail exquisitely crafted to perfection. Bold lines. Streamlined sides. It exudes122 words
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Advertisement856 2012-07-09 8 THE POWER OF EFFECTIVE BRANDING, SELLING THINKING STRATEGIES Who should attend: Senior Management and Professionals in Brand Management, Public Relations Advertising, Sales Marketing, Business Development, Entrepreneurs and individuals looking to market and brand their identity FULL-DAY WORKSHOPS Critical Thinking Sun Tzu’s Art of War Style FULL-DAY SEMINAR Register at www.stjobs.sg/seminars856 words
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SINGAPORE NEWS
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Article, Illustration975 2012-07-09 9 TIMOTHY LOH - Coutts sees more collaboration ahead among female philanthropists By TIMOTHY LOH WOMEN in Asia are starting to have a big say in philanthropy and this is tipped to change the way the business of giving is conducted. According to a study of the975 words
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Article601 2012-07-09 9 Payment Ex Books Pay Ann (cts) date close date date AEM Hldgs aw 0.350 01-Aug 03-Aug 17-Aug 14-May Azeus Systems bo 3.480 23-Jul 25-Jul 08-Aug 28-Jun B Sembawang ak 4.000 31-Jul 02-Aug 15-Aug 24-May B Sembawang bh 14.000 31-Jul 02-Aug 15-Aug 24-May Ban Leong ak 1.000 01-Aug 03-Aug601 words
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Article1012 2012-07-09 9 ASK Question: I have been in a joint venture with my partner for some time. Each of us used to hold equal shares. A few years back, my partner suffered a shortage of capital and I had to purchase a larger stake in the company to1,012 words
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Article250 2012-07-09 9 Jul 6 BANKS Agricultural Bank Of China 5.5 Agricultural Bank Of China 5.5 Banco Bilbao Vizcaya 6 Arab Bank PLC Bank Julius Baer Co. Ltd(S) 5 Banco Bilbao Vizcaya Argentaria, S.A Bank of Communications 5.5 6 Bank Julius Baer Co. Ltd(S) 5 Bank of America NA 5250 words
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Advertisement202 2012-07-09 9 HAVE a pressing question about a corporate-law-related issue that your company is facing? Lawyers from Stamford Law will provide their expert advice and answers to your queries on a weekly basis. All you need to do is send us an e-mail with your query at btnews@sph.com.sg and include particulars such202 words
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VIEWS FROM THE TOP
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Article, Illustration2027 2012-07-09 10 THIS WEEK’S TOPIC: How important is the knowledge of competition law to the way your organisation does business? What should the role of the board and/or CEO be in competition compliance, and what other key elements should a competition compliance programme include? Teo Lay Lim CountryBLOOMBERG - 2,027 words
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Advertisement1205 2012-07-09 10 >aH KAT3 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices LIONGOLD CORP LTD (the “Company”) (incorporated in Bermuda) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of LIONGOLD CORP LTD (“Company”) will be held at Mandarin Orchard Singapore, 333 Orchard Road, Mandarin Meeting Suite 834,1,205 words
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Advertisement410 2012-07-09 11 (Sra§) D&MMg iiHD AMP 0 0 0 0 PRINCIPAL PARTICULARS Length Overall 75.30m 18.00m 8.16m *Jf Jiit 16,315 bhp 190+Ton 500m2 i t 2 xWartsila 12V32 ABS, ABS A1,Towing, AH/Offshore Support Vessel Fie Fighting Vessel Class 1,+AMS, ACCU s s? Accommodation 30 men SIRIUS GO B r s fll Lll410 words
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BT-CITIBANK YOUNG INVESTORS' FORUM
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Article, Illustration1679 2012-07-09 12 ‘Brainfruit’, written with the aim to help creative S’poreans develop their careers, is a ‘travel guide’ for anyone in ideas business THERE is plenty of literature out there to convince us on the rise of the “ideas industry” and the need to innovate. In1,679 words
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Article, Illustration1050 2012-07-09 12 AUDREY TAN - Candy store Aii is staffed entirely by the hearing-impaired STARTING YOUNG By AUDREY TAN SELLING candy is the perfect fit for saccharine-sweet entrepreneur Leona Leong, who has returned to Singapore and set up her own business after jetsetting around the world. The 28-year-oldYEN MENG JIIN - 1,050 words
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Advertisement157 2012-07-09 12 Get started now Be a young investor DO you aspire to be a successful young investor? Are you keen on taking the first step towards achieving that? The BT-Citibank Young Investors’ Forum is no typical page extracted from a financial textbook. This forum will present step-by-step guides on how to157 words
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ECONOMY WATCH
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Article, Illustration690 2012-07-09 13 Changes give more credence to plans to establish a common market by 2015 NYT [PHU NAM RON, Thailand] This hillside village along the border with Myanmar was once a dead end. The road from Bangkok curved up scenic mountains through a sparse collectionNYT; AFP - 690 words
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505 2012-07-09 13 He will come under political pressure without job growth AFP [PITTSBURGH] A fading recovery and weak jobs growth mean that US President Barack Obama must defy history to win re-elec-tion, while Republican Mitt Romney has a fresh chance to market his candidacy.AFP - 505 words
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356 2012-07-09 13 Bloomberg [WASHINGTON] Companies are relying on existing workers and temporary employees instead of hiring, evidence the European crisis is hurting US confidence more than demand. The average workweek climbed by six minutes to 34.5 hours in June, the firstBloomberg - 356 words
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641 2012-07-09 13 Growth expected at 2.8% this year; 6% unemployment NYT [REYKJAVIK] For a country that four years ago plunged into a financial abyss so deep that it all but shut down overnight, Iceland seems to be doing surprisingly well. It has repaid, early,NYT - 641 words
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Page 13 Advertisements
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Advertisement151 2012-07-09 13 Networking for Compliance Professionals r f/ iPhone 'N users can also v register through i our free e2i h iPhone app XL Network and find out about the latest professional development programmes and industry trends Date: 17 July 2012, Tuesday Time: 6.30pm (Registration starts at 6pm) Venue: One Marina Boulevard151 words
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MALAYSIA/INDONESIA
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Article, Illustration526 2012-07-09 14 IMF says Indonesian currency won’t weaken against US dollar too much Reuters [JAKARTA] Indonesia has enough foreign exchange reserves to defend the rupiah from weakening too much against the US dollar, but it is important to let the exchange rate remain flexible, theReuters; BLOOMBERG FILE PHOTO - 526 words
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217 2012-07-09 14 Xinhua [JAKARTA] Analysts predict that the mutual fund industry in Indonesia would grow 20 per cent in the second half of the year because of less volatile financial markets and strong demand from retail investors, the Jakarta Globe reported. “In the second half,Xinhua - 217 words
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Article, Illustration624 2012-07-09 14 PAULINE NG - Unauthorised amendments involving 40 plots made to gazetted land plan MALAYSIA INSIGHT PAULINE NG KL Correspondent “HOW can you correct something that has been gazetted?” Teng Chang Khim, chairman of the Selangor Select Committee on Competency, Accountability and Transparency (Selcat), asked last week at a public624 words
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Article1655 2012-07-09 14 VOL Jul 6 RM +/-(‘000) VOL Advance Synerg 0.16 unch 273 Adventa Bhd unch unch 0 Ae Multi Hldgs 0.22 0.01 25 Affin Holdings 3.46 0.03 798 Ahmad Zaki Res 0.72 0.01 645 Abric Bhd Airasia Bhd 3.81 0.06 ***** Alliance Finan 4.30 0.06 2058 Aluminium Co 0.841,655 words
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Advertisement1682 2012-07-09 14 notices Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices IN THE MATTER OF COMPANIES ACT, CAP. 50 IN THE MATTER OF OBTECH ASIA PACIFIC PTE. LTD. REG. NO. *****9117R (IN MEMBERS’ VOLUNTARY LIQUIDATION) NOTICE OF RESOLUTIONS [Pursuant to Section 290(2)(b)] At an Extraordinary General Meeting of the Company held on 29 June1,682 words
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Advertisement283 2012-07-09 15 A STRAITS TIMES APPRECIATES READERS EVENT 6.30pm Sunday, July 15 2012 GARDENS BY THE BAY $67 for The Straits Times Readers (Usual Price $75) Taufik Batisah is 4 ry^f-WBr 1 JP c r r r i i Mirza m M N Chua Tanya FREE TICKETS to Universal Studios Singapore® Singapore283 words
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FUTURECHINA FORUM
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Article, Illustration1238 2012-07-09 16 LOW YEN LING - Because the country is so complex, top executives need to grasp its political, social, cultural and historical paradigms when trying to unravel its economics, says LOW YEN LING The author is CEO of Business China AS THE economic centre of gravity moves to theBLOOMBERG - 1,238 words
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Article, Illustration810 2012-07-09 18 WU ZHIJIAN - Slower growth will give China’s leaders a chance to rebalance the economy and reduce income inequality, saysWU ZHIJIAN WU ZHIJIAN The author is the CEO of Woodsford Capital Management Pte Ltd, a wealth management company based in Singapore. He is also the managing editor of www.REUTERS - 810 words
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Article, Illustration1279 2012-07-09 18 DOUGLAS PAAL - By DOUGLAS PAAL The author is Vice-president for Studies at the Carnegie Endowment for International Peace, where he directs the Asia Programme RECENT conversations with well-in-formed Chinese in China and visiting the United States strongly suggest that there will be significantREUTERS PHOTOS - 1,279 words
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Article, Illustration1097 2012-07-09 19 TIGER TONG - Demographics, as well as a shift in policy on how China provides housing to its citizens, will have an impact on prices, says tiger tong TIGER TONG The writer is a China strategist with IIFL Securities THE existence of a large property bubble inSource: UN population division, NBS, MCA, IIFL Research; BLOOMBERG - 1,097 words
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Article, Illustration1151 2012-07-09 19 YEW SUNG PEI - By YEW SUNG PEI The author is assistant chief executive officer, International Enterprise (IE) Singapore. Based in Beijing, he oversees the agency’s strategy and operations for China and the Middle East Africa. For more on IE Singapore’s view of China's growth, visit www.BLOOMBERG - 1,151 words
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Article, Illustration1144 2012-07-09 20 SHAHID JAVED BURKI - China’s economic future will increasingly be shaped by high-rise factories that will produce knowledge-based products, says SHAHID JAVED BURKI The author is senior research fellow at the Institute of South Asian Studies. He was former Vice-President of the World Bank and has worked extensively on the ChineseAFP - 1,144 words
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Advertisement4 2012-07-09 16 Driving Singapore’s External Economy4 words
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Advertisement116 2012-07-09 17 When your business is expanding into new countries, you can count on our international network in major cities to make the right connections. Along with a comprehensive suite of products and services, our in-depth knowledge into various markets will give you the advantage in realising your growth ambitions. Find out116 words
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Advertisement45 2012-07-09 20 SLIPPERY ROAD! Don't dice with danger to find your perfect ride. Put your faith in CATS Classified's vehicles classes, and you'll find the freshest and most extensive listing of new and pre-owned cars in all makes and models. WATS BUY IT* SELL IT* FIND IT45 words
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GREATER CHINA/INDIA
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540 2012-07-09 21 Firm wants 10-year window to comply with rules; period is ‘too long’, says Delhi Reuters [NEW DELHI] India has rebuffed a request by Ikea to relax rules on buying goods locally, a government source said on Friday, raising the prospect ofReuters - 540 words
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Article, Illustration502 2012-07-09 21 Adjustment may be needed as global growth outlook dips Bloomberg [HONG KONG] The Hong Kong government may revise its 2012 economic forecast next month as the outlook for global growth deteriorates, Financial Secretary John Tsang said. “We rely a great deal on ourBloomberg; AFP - 502 words
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457 2012-07-09 21 AFP [TAIPEI] The offshore island group of Matsu is likely to attract a large number of Chinese tourist gamblers, observers said yesterday, a day after residents voted to allow Taiwan’s first casino. A wave of visitors from the mainland couldAFP - 457 words
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Article, Illustration611 2012-07-09 21 Don’t change taxes for share, bond investors, he says Bloomberg [NEW DELHI] India should refrain from changing the way foreign investors in stocks and bonds are taxed, a key adviser to Prime Minister Manmohan Singh said, as the nation prepares rules to clamp downBloomberg; BLOOMBERG - 611 words
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Page 21 Advertisements
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Advertisement444 2012-07-09 21 WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF POWERSERAYA LIMITED (IN MEMBERS’ VOLUNTARY LIQUIDATION) CO.REG.NO. *****4468H NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the Company held at 1 HarbourFront Place #17-01, HarbourFront Tower One,444 words
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Advertisement425 2012-07-09 21 In the matter of The Companies Act, Cap. 50 And In the Matter of DG LOGISTIK PTE. LTD. Company Reg. No. *****4086W STATUTORY DECLARATION BY DIRECTORS OF COMPANY’S INABILITY TO CONTINUE BUSINESS BY REASON OF ITS LIABILTIIES I, LeeTeng Hong, NRIC No. S*****44Z of 48 Kingswear Avenue Singapore *****9 hereby425 words
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Advertisement428 2012-07-09 21 In the matter of The Companies Act, Cap. 50 And In the Matter of TIAN AN INVESTMENTS PTE. LTD. Company Reg. No. *****1015G STATUTORY DECLARATION BY DIRECTORS OF COMPANY’S INABILITY TO CONTINUE BUSINESS BY REASON OF ITS LIABILTIIES I, LeeTeng Hong, NRIC No. S*****44Z of 48 Kingswear Avenue Singapore *****9428 words
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Advertisement426 2012-07-09 21 In the matter of The Companies Act, Cap. 50 And In the Matter of TENTAT SINGAPORE PTE LTD Company Reg. No. *****6086N STATUTORY DECLARATION BY DIRECTORS OF COMPANY’S INABILITY TO CONTINUE BUSINESS BY REASON OF ITS LIABILTIIES I, LeeTeng Hong, NRIC No. S*****44Z of 48 Kingswear Avenue Singapore *****9 hereby426 words
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Advertisement424 2012-07-09 21 In the matter of The Companies Act, Cap. 50 And In the Matter of TENTAT LOGISTICS PTE LTD Company Reg. No. *****4372G STATUTORY DECLARATION BY DIRECTORS OF COMPANY’S INABILITY TO CONTINUE BUSINESS BY REASON OF ITS LIABILTIIES I, LeeTeng Hong, NRIC No. S*****44Z of 48 Kingswear Avenue Singapore *****9 hereby424 words
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WORLD
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654 2012-07-09 22 Tourists flock to Europe, boosting sales of big brands, tourism businesses WP [SINGAPORE] Ayie Aligada, a former airline training manager from Manila, gained from the Philippine peso’s 4 per cent jump against the euro in as many weeks when she snapped upWP - 654 words
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681 2012-07-09 22 ANTHONY ROWLEY - Japan and France agree to step up bilateral cooperation By ANTHONY ROWLEY in Tokyo AN international group of donors agreed in Tokyo yesterday to provide more than US$16 billion in aid to war-torn Afghanistan over the next three years to help the681 words
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302 2012-07-09 24 Reuters [TORONTO] Canada’s small stock trading venues will find the struggle to grow even tougher once a made-in-Canada takeover of the operator of the Toronto Stock Exchange gets the final regulatory green light, creating a giant that will dominate the market. TheReuters - 302 words
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Article, Illustration698 2012-07-09 24 Document indicates the govt’s concern at the time to lower lending rate Reuters [LONDON] A political row in Britain over fixing of interbank lending rates deepened on Saturday after the publication of confidential advice from UBS to the previous Labour governmentReuters; REUTERS - 698 words
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429 2012-07-09 24 Bloomberg [BRUSSELS] Banks may have to meet minimum collateral rules for over-the-counter (OTC) derivatives trades that are not centrally cleared as part of a push by global regulators to make the market safer. The Basel Committee on Banking Supervision last FridayBloomberg - 429 words
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Article, Illustration658 2012-07-09 25 With Thursday’s rate cuts, it has almost exhausted its normal ammunition Reuters [FRANKFURT] The European Central Bank is almost out of conventional policy options and will have to turn to measures it finds deeply unpalatable if the eurozone crisis intensifies,Reuters; AFP - 658 words
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440 2012-07-09 25 But analysts wonder if their struggling economies are ready AFP [PARIS] Ireland and Portugal, two eurozone countries bailed out by EU/IMF rescue packages, could return to long-term capital markets next year, but analysts wonder if their struggling economies will be ready. Ireland, the formerAFP - 440 words
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Article, Illustration456 2012-07-09 25 Bloomberg [SILVERSTONE, England] Mark Webber of Red Bull won yesterday’s British Grand Prix, overtaking Ferrari’s Fernando Alonso in the closing stages to narrow the gap on the Spaniard in the Formula One drivers’ standings. It was Webber’s second win in three years at Silverstone.Bloomberg - 456 words
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286 2012-07-09 25 Bloomberg [TOKYO] Japanese corporate and government pension assets managed by investment companies fell 4.5 per cent to 79 trillion yen (S$ 1.26 trillion) last fiscal year as payouts exceeded contributions, said the Japan Pensions Industry Database. The assets were spread over 5,186 mandatesBloomberg - 286 words
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Page 22 Advertisements
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Advertisement2654 2012-07-09 22 BOTH NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices Surface Mount Technology (Holdings) Limited Company Registration No. ***** (Incorporated in Bermuda with limited liability) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Surface Mount Technology (Holdings) Limited (the “Company”) will be held at Amber2,654 words
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Page 23 Advertisements
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Advertisement2329 2012-07-09 23 NOTICE OF EXTRAORDINARY GENERAL MEETING SINGXPRESS LAND LTD. (Company Registration No. *****3164K) (Incorporated in Singapore) NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of SingXpress Land Ltd. (the “Company”) will be held at 81 Ubi Avenue 4, #02-20 UB One, Singapore *****0 on 31 July 2012 at 11.00 a.m.2,329 words
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Advertisement2693 2012-07-09 23 -Jason Jason Marine Group Limited (Incorporated in Republic of Singapore) Company Registration No. *****6601W NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Jason Marine Group Limited (the “Company") will be held at 194 Randan Loop, #05-27 Pantech Business Hub, Singapore *****3 on Tuesday,2,693 words
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Page 24 Advertisements
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Advertisement2671 2012-07-09 24 MATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices m* tigerairways.com TIGER AIRWAYS HOLDINGS LIMITED (Company Registration Number: *****1866W) (Incorporated with Limited Liability in the Republic of Singapore on 1 February 2007) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be2,671 words
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Page 25 Advertisements
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Advertisement2488 2012-07-09 25 POLLUX PROPERTIES LTD. (Incorporated in the Republic of Singapore) (Company Registration Number: *****4729G) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Twelfth Annual General Meeting of the Company will be held at Cassia at Level 2, Crowne Plaza Changi Airport, 75 Airport Boulevard, Singapore *****4, on Wednesday,2,488 words
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AVIATION/SHIPPING
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Article, Illustration890 2012-07-09 26 Canadian firm hopes to break record run of Airbus orders by low-cost carrier FARNBOROUGH INTERNATIONAL AIRSHOW Reuters NYT [SILVERSTONE, England] Canada’s Bombardier is in talks with AirAsia about a more densely packed 160-seat version of its CSeries jet, in a surprise bid toReuters; NYT; REUTERS - 890 words
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Article592 2012-07-09 26 Bloomberg [SEATTLE] Boeing Co arrives at the Farnborough air show, where billions of dollars of jet orders may be unveiled this week, lacking a sales chief as it fills the job for a ninth time since John Leahy took his post at Airbus SAS.Bloomberg - 592 words
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629 2012-07-09 26 Country faced with multiple challenges as sanctions bite NYT [BANDAR ABBAS, Iran] The hulking tanker Neptune was floating aimlessly last week in the warm waters of the Persian Gulf, a fresh coat of black paint barely concealing its true identity asNYT - 629 words
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Article250 2012-07-09 26 SGX '000 Jul 6 S$ +/-Vol CH Offshore 0.42 unch 166 Chuan Hup Hldg 0.23 0.01 53 Cosco Corp 1.06 0.01 ***** s$ First Ship Lea 0.17 unch 579 Freight Links 0.07 unch 1838 Grand Banks 0.18 -0.02 33 Jaya Hold Ltd 0.58 0.01 138 K1Ventures 0.14 unch250 words
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Page 26 Advertisements
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Advertisement24 2012-07-09 26 DOWNLOAD THE NEW 91.BFM ANDROID AFP NOW! 91.3FM TODAY'S BEST MUSIC ML' ■irs 13 FACEBODK.COM/NINETYONETHREE FOLLOW US ON TWITTER BRADIO_913 LOG ON TO WWW.RADIOB13.COM24 words
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Advertisement15 2012-07-09 26 www.omy.sg \l/ Business China Champ of Marketing 2.0 mMmmmm «KA£ 0 0 0 V cling.omy.sg15 words
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Advertisement125 2012-07-09 26 LOST SHARE CERTIFICATES The following share certificates have been reported lost, destroyed or mislaid:Name of Company Certificate Nos. In the Name of No. of Shares Yoma Strategic Holdings Ltd. *****07 Serge Pun 1 x 100,000 -do-*****48 -do-1 x 138,452 -do-*****95 -do- 1 x 3,500,000 -do-*****97 -do-1 x 36,080 -do-*****98/499 -do-2125 words
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Page 26 Miscellaneous
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Miscellaneous337 2012-07-09 26 CRYPTIC CROSSWORD Across 1 One who has faith in agent lives for conversion! (10) 6 Roll up in coat, and leave at the outset (4) 9 People annexed by Spain (Castille) (5) 10 Panics, pinching sailor’s biscuits (9) 12 Cat that’s a slow mover’s worst nightmare? (13) 14 List in337 words
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DINING OUT
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Article, Illustration788 2012-07-09 27 Cheah Ui-Hoon - NEW RESTAURANT The Clan Restaurant 18/20 Bukit Pasoh Road Tel: 6222-2084 Operating hours: Daily; lunch 11.30am to 2.30pm; dinner 6pm to 11pm By Cheah Ui-Hoon ONE doesn’t usually put much stock into marketing spiel, so when a restaurant’s press release announced its “premium” cuisine and788 words
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Article, Illustration674 2012-07-09 27 Debbie Yong - NEW RESTAURANT Foodbar Dada 60 Robertson Quay, The Quayside #01-12 Tel: 6735- 7738 Opening hours: 6pm to midnight (Tuesday to Sunday) By Debbie Yong SINGAPOREANS are a funny lot. Much as we whinge about the shrinking size of HDB flats or the claustrophobia that674 words
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Page 27 Advertisements
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Advertisement218 2012-07-09 27 H. /f r* Vm CELEBRATING 25 YEARS OF HOSPITALITY 1 JULY TO 30 SEPTEMBER 2012 SILVER JUBILEE TREATS Celebrate with us as we commemorate our hotel's 25 th Anniversary this year! From July to September, enjoy $25 off* our Silver Jubilee Treats at AquaMarine, Peach Blossoms, Atrium Lounge and Cafe218 words
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SINGAPORE STOCKS
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Article3321 2012-07-09 28 Week ended: Jul 6 52-wks Last Vol Week Last Quote Div GrYld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Last Vol Week Last Quote Div GrYld 125 92.5 AIMSAMPIReit 125 +5 1842 125 120.5 124.5 125 6.7 12 557.4 M3,321 words
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Article241 2012-07-09 29 52-wks Last Vol Week Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Low Company Last 4.6 1.3 t Advanced System 1.9 +0.1 5922 1.9 1.7 1.9 2 25.2 Vol ('000) Week Last Quote Div Gr Yld241 words
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Article112 2012-07-09 29 Stock name Close Change Stock name Close Change Stock name Close Change CapMallsAsia 1.625 +0.005 CapitaLand 2.980 +0.080 CapitaMall 1.950 +0.005 CityDev 11.200 -0.060 ComfortDelGro 1.570 DBS Grp 14.090 +0.080 F&N 7.450 +0.150 GLP 2.150 -0.020 Genting SP 1.405 Golden Agri 0.720 +0.010 HK Land 6.040112 words
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Article2267 2012-07-09 29 Transaction date: Jul 6 HONG KONG Vol HK$ +/-'000 Aeon Stores 23.80 -0.10 0 Angang Steel 4.49 0.05 4746 Anhui Conch 21.10 0.20 ***** Anhuiexpresswa 3.45 -0.05 382 Asia Satellite 20.25 unch 12 Asm Pacific 100.50 0.90 497 Bank Of E Asia 27.70 -1.00 3208 Beida Jade Bir2,267 words
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Article216 2012-07-09 29 52-Wk Last Vol Week Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 49.5 28.5 AVJennings A32.5 +3 16 32.5 32.5 29.5 38 3.6 10.8 2.6 84.6 46 25.5 Genting HK US$ US32 -0.5 ***** 33 31.5 31.5 32 2107216 words
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Article186 2012-07-09 29 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 12 5 1 0 0 0 12 5 1 Manufacturing 95 50 45 17 9 7 112 59 52 Commerce 40 26 10 4 7 6 44 33 16 Tpt/Stor/Comms 29 9 5186 words
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Article1066 2012-07-09 29 52-Wk Last Vol Week Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 130 113 ABF SG Bond ETF 120 +2 5 120 118 119.5 120.5 547.8 122.4 122.2 CIMB APAC Div 100S$D 122.2 128.4 129.4 103 95.8 CIMB1,066 words
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Article123 2012-07-09 29 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 120,619 120,619 442,119 442,119 Manufacturing 1,425,933 304,184 1,730,117 959,748 13,878 973,626 Commerce 1,494,149 51,538 1,545,687 686,772 6,704 693,476 Tpt/Stor/Comms 437,017 101,968 538,985 680,037 28,907 708,944 Finance 145,621 58,222 203,843 747,766 27,327 775,093 Construction 351,198 67,809123 words
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Page 29 Advertisements
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Advertisement26 2012-07-09 29 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 Times26 words
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FINANCE & COMMODITIES
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Article626 2012-07-09 30 Jul 6 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT 9052.70 9082.04 8977.35 Sep12 9090.00 9130.00 8970.00 9025.00 ***** *****5 Dec12 9035.00 9050.00 8975.00 8960.00 2617 8615 MSCI TAIWAN INDEX FUTURES SPOT 262.91 263.36 260.32 Jul12 259.70 261.70 256.90 258.10 ***** *****0 Aug12 257.50 258.80626 words
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Article, Illustration149 2012-07-09 30 As on 6 July 2012 www.smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE VOL (in Lots) PRECIOUS METAL GOLD FUT AUG2012 1601.00 1593.30 1579.00 17 INDIA GOLD (E-GOLD) FUT AUG2012 536.00 526.25 531.40 899 CURRENCY EUR-USD FUT SEP2012 1.2412 1.2312 1.2277 3373 BASE METAL COPPER FUT SEP2012 7693 7529149 words
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Article107 2012-07-09 30 Jul 6 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jul 12 1619.75 1626.50 1634.75 1605.00 Aug 12 1567.75 1583.00 1583.00 1561.75 Sep 12 1532.00 1551.50 1549.50 1530.50 Nov 12 1505.75 1526.50 1526.00 1504.50 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Jul 12 53.27107 words
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Article70 2012-07-09 30 CRUDE OIL PRODUCTS Jul 5 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 100.97 1.55 WTI (Near Mth) 86.94 -0.12 Dubai (1-Mth F) 98.48 1.09 Tapis blend 104.14 1.28 Minas 107.39 1.28 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 88.78 2.22 Jet Kerosene 115.39 0.41 US$/barrel OpecOil Basket70 words
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Article22 2012-07-09 30 Jul 6 S$ Bid Offer 1-month 1.2675 1.2677 2-months 1.2674 1.2677 3-months 1.2672 1.2675 6-months 1.2661 1.2664 Source: OCBC22 words
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Article64 2012-07-09 30 Jul 6 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1863.25 1909.75 3 months 1896.00 1943.00 Copper, Grade A(US$/tonne) Cash 7534.50 7699.50 3 months 7531.00 7695.00 Lead(US$/tonne) Cash 1847.00 1876.00 3 months 1860.00 1887.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin(US$/tonne) Cash *****.00 *****.00 3 months *****.0064 words
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373 2012-07-09 30 In local curr In S$ In US$ dy yr dy yr dy yr Jul 6 Index Change Change Change Change Change Change World Preliminary 870.6 -1.1 4.9 -0.6 1.8 -1.2 3.8 EAFE Preliminary 701.2 -0.8 2.8 -0.5 -1.8 -1.1 0.1 Europe Preliminary 1040.2 -1.1 1.3373 words
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Article80 2012-07-09 30 Jul 6 COCOA (£/tonne) Close Prev High/Low Jul 12 1604 1637 1631/1585 Sep 12 1568 1597 1594/1545 Dec 12 1548 1572 1569/1525 Mar 13 1525 1545 1544/1497 COFFEE(US$/tonne) Close Prev High/Low Jul 12 2044 2065 2087/2040 Sep 12 2045 2099 2095/2041 Nov 12 2049 2104 2096/2046 Jan 13 203780 words
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1285 2012-07-09 30 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 4 1 146 369 8.00 22 Conv Aztech Grp W*****3 0.4 0.3 2354 1 20 110 24.25 4 Baker Technology Ltd W*****6 0.6 1 32 5 51.67 41,285 words
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Article470 2012-07-09 30 Jul 6 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.043 6.539 0.829 7.966 56.926 96.555 0.821 11.694 3.260 1.280 96.591 42.978 1.302 8.385 0.996 30.729 32.498 0.661 1.027 Canada 0.959 6.272470 words
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Article56 2012-07-09 30 Jul 6 (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$) 0.***** 3 mths 0.***** 0.***** SWAP Mid rates (S$) 0.***** SWAP Mid rates (S$) 1 yr 0.*****56 words
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Article136 2012-07-09 30 Jul 6 GOLD(US$/oz) Jul 06 Jul 05 Hong Kong 1602.00 1623.00 Jul 05 Jul 05 Jul 06 London 1608.40 1586.74 1609.20 1587.96 Source: Thomson Reuters CAST BAR Jul 06 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 157 65 5gm 447 327 10gm136 words
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Article89 2012-07-09 30 Jul 6 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****A 04-Oct-12 0.26 1-Year BY*****T 02-May-13 0.26 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0H 0.25 01-Feb-14 100.13 100.17 100.17 5-Year N*****0Z 2.375 01-Apr-17 109.33 109.55 109.4089 words
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Article57 2012-07-09 30 Jul 6 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Jul 12 3115.0 3134.0 3117.0 3099.0 51 2303 Aug 12 3156.0 3150.0 3165.0 3110.0 346 ***** Sep 12 3165.0 3164.0 3183.0 3125.0 ***** ***** Oct 12 3166.0 3166.057 words
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Article154 2012-07-09 30 Jul 6 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.3021 1.3027 1.0273 1.0276 Canadian dollar 1.2488 1.2497 0.9858 0.9852 Euro 1.5707 1.5712 1.2392 1.2394 NZ dollar 1.0172 1.0186 0.8025 0.8035 Sterling pound 1.9692 1.9700 1.5536 1.5540154 words
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Article121 2012-07-09 30 As at 9am Jul 06 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.331 1.268 Can dollar 1.276 1.216 Euro 1.605 1.529 Sterling pound 2.002 1.925 NZ dollar 1.045 0.996 US dollar 1.285 1.236 Local dollars to 100 units of foreign121 words
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Article154 2012-07-09 30 Jul 6 $S Offer Bid 0vernight 0.01 par 1-month 3/8 1/4 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.06 US$ Offer Bid 7 days 0.25 0.15 1 month 0.40 0.20 2 months 0.45 0.25 3 months 0.55 0.45 6 months 0.85 0.65 9 months 1.00 0.80 12154 words
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3425 2012-07-09 31 n BALISA SHIPPING TRADING PTE LTD 8 Shenton Way, #40-03A, Singapore *****1 Tel: 6345 5700 Fax: 6345 5227 Email: singapore@balisagp.com UEN NO. *****3249E UK CONTINENT SERVICE U.S.A. SERVICE UK CONTINENT SERVICE Destination STXPO TBN Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Destination STXPO TBN3,425 words
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Page 31 Advertisements
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Advertisement37 2012-07-09 31 Experienced sh,"p maintenance services wanted. i'nil Shipping Times? I FREIGHT FORWARDER urgently needed by shippers TO ADVERTISE, CALL JOE WONG AT 9620 Can they find your services here in the Shipping Times? The Business Times Shipping Times37 words
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Page 32 Advertisements
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Advertisement132 2012-07-09 32 TO ADVERTISE IN .The Business Times Shipping Times CALL JOE WONG FREIGHT FORWARDER urgently needed by shippers Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE WO IMG AT 9620 1327 Announce Your Corporate Developments wKa Come publicise your Corporate Developments, Corporate Image, Company Anniversaries,132 words
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BizIT THE BUSINESS OF INFOCOMM TECHNOLOGY
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Article, Illustration962 2012-07-09 33 AMIT ROY CHOUDHURY - Anytime, anywhere computing and new technologies changing the game By AMIT ROY CHOUDHURY ONE of the biggest challenges facing chief information officers (CIOs) is the need to provide for services “anywhere, anytime”. This is putting a lot of strain on enterprise security. CA Technologies’ Mike962 words
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Article, Illustration476 2012-07-09 33 AFP [WASHINGTON] A US appeals court gave Samsung a temporary reprieve on Friday on the sale of its Galaxy Nexus 7 smartphones while leaving intact a court ban on US sales of its tablet computers in a patent battle with Apple. In twoAFP - 476 words
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Article, Illustration752 2012-07-09 33 CLEMENT TEO - <news analysis> By CLEMENT TEO CLOUD computing may be in its nascent stages, but there are already government initiatives and programmes underway to harness its benefits. In the United States, the Defense Information Systems Agency is developing a number of cloud-computing solutions available to752 words
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363 2012-07-09 33 TIMOTHY LOH - Organisations urged to regain control of IT infrastructure By TIMOTHY LOH BUSINESSES would do well to develop security strategies to manage Bring Your Own Device (BYOD) activity in the office, according to a survey by network security company Fortinet. The survey, conducted with 3,872 employees363 words
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Article193 2012-07-09 33 Bloomberg [SEOUL] Samsung Electronics Co, the largest phone maker, will release a tablet that features Microsoft Corp’s Windows RT software when the operating system debuts, people with knowledge of the matter said. Samsung has made a handheld computer built on Windows RT, the firstBloomberg - 193 words
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Article, Illustration868 2012-07-09 34 VICTORIA HO - Tech firms redirecting part of their investment into consumer-facing spending, reportsVICTORIA VICTORIA HO Technology companies have typically invested in back-end automation to keep their supply chains humming, but the focus is moving to the front-end, said Terence Foo, a partner with Accenture’s products division across Singapore868 words
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223 2012-07-09 34 AFP [BEIJING] A Chinese technology firm has filed a legal challenge accusing US giant Apple of infringing its patented voice recognition software with its Siri function on the iPhone, the company said on Saturday. The move comes just days after Apple paid US$60 millionAFP - 223 words
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what’s up
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Article40 2012-07-09 34 THE Intellectual Property Office of Singapore (IPOS) is organising its first IP Week this week, from July 9 to 13. It will be held at Resorts World Convention Centre. Find out more at www. ipweeksg. com40 words
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Article31 2012-07-09 34 MICROSOFT is offering a US$39.99 upgrade to Windows 8 Pro, for users on Windows XP, Vista and 7. The offer lasts till Jan 31, 2013.31 words
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Article48 2012-07-09 34 SEAGATE has launched Backup Plus, a new portable hard drive designed to store content on social networks more easily. The 2.5” range costs $119 for 500Gb and $169 for 1Tb. The larger 3.5” models will retail at $199 for 2TB and $269 for 3TB.48 words
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Article, Illustration46 2012-07-09 34 VICTORIA HO - Compiled by VICTORIA HO SONY has released a 4” Android phone (below) running the latest version of the operating system, 4.0. It comes with back and front-facing cameras, and is powered by a 1Ghz processor. It retails for $388 without contract.46 words
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Page 34 Advertisements
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Advertisement61 2012-07-09 34 Net Profit US$1.1 billion up by 17.1% on June 2011 1,131 966 743 568 510 331 Tune Tune Tune 2012 2011 June 2010 June 2009 June 2008 2007 (USD million) Total Assets US$ 90.9 billion up by 25.5% on June 2011 90.9 72.4 51.1 40.4 41.9 20.8 June June June61 words
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