The Business Times, 19 November 2012

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Total Pages: 40
1 40 The Business Times
  • 25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg Sp!l A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MICA (P) 074/08/2012 Monday, November 19, 2012
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  • 836 1  -  Study finds standards for remuneration disclosure worsening for many firms By SIOW LI SEN [SINGAPORE] Many listed companies are still not complying with the rules on disclosing pay and some are even backsliding, as stricter guidelines loomed, a study has found. Among them are
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  • MARKETS DIGEST
    • 57 1 Weekly Change ST INDEX 2,945.63 -63.93 KL COMP 1,629.28 -11.80 NIKKEI 225 9,024.16 +266.56 HANG SENG 21,159.01 -225.37 SET INDEX 1,280.13 -10.70 JAKARTA COMP 4,351.28 +17.64 MANILA COMP 5,439.28 -29.51 SEOUL COMP 1,860.83 -43.6 SHENZHEN B 592.37 -7.55 MUMBAI IND 18,309.37 -374.31 DOW 12,588.31 -227.08 NASDAQ 2,853.13 -51.74 S&P
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    • 23 1 For breaking news, go to businesstimes.com.sg. For personal finance stories, go to btinvest.com.sg. For more information, e-mail btocs@sph.com.sg or call 6388-3838.
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    • 17 1 SINGAPORE MALAYSIA HONG KONG 5.38 6.55 5.00 INDONESIA 14.452 TAIWAN 5.036 JAPAN 1.475 Source: Bloomberg
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    • 49 1 US$ S$ US$ (S$ per US$) 1.228 (US$/S$ per 1.588 1.950 EURO (US$/S$/E) 1.276 1.566 Foreign currency per US$ S$ YEN 81.10 66.10 RM 3.072 2.502 HK$ 7.752 6.314 BAHT 30.75 25.05 RUPIAH 9,625 7,840 RENMINBI 6.235 5.079 INDIAN RUPEE 54.89 44.71 A$ 0.967 0.788 NZ$ 1.232 1.004
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  • 31 1 How are you extracting useful information from your current data, and does intuition play a big part? Are organisations beginning to experience ‘data overload’? CEOs give their views.
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  • 910 1  -  New understanding of sector needed to stay competitive By ANNA TEO [SINGAPORE] Far from fading, manufacturing will continue to be a key engine of growth globally, with “dramatic opportunities” in store for companies and countries that can harness the trends that are reshaping the industry,
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  • Page 1 Advertisements
    • 222 1 SPECIAL FEATURE Oman National Day PAGES 17-25 BizIT Dialling in to peace PAGE 40 DINING OUT Sichuan hotpot blazing a trail PAGE 33 8 *****1 *****4 VIEWS FROM THE TOP I PAGES 12-13 IWC Pilot. Engineered for aviators Spitfire Perpetual Calendar Digital Date-Month. Ref. 3791: In the days when the
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    • 12 1 HOCK LOCK SIEW Break down volume to show proprietary trades PAGE 7
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  • TOP STORIES
    • THREE-MINUTE DIGEST
      • 28 2 MANY listed companies are still not complying with the rules on disclosing pay and some are even backsliding, as stricter guidelines loomed.
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      • 40 2 FAR from fading, manufacturing will continue to be a key engine of growth globally, with “dramatic opportunities” in store for companies and countries that can harness the trends that are reshaping the industry, according to McKinsey.
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      • 50 2 AFTER two weeks dangling off the edge of the fiscal cliff, the stock market looks set to climb a little this week. It’s Thanksgiving Week and there could be some pleasant surprises in store as shoppers head out to the malls on Black Friday.
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      • 34 2 WITH the deadline just three years away, the rollout of the Asean Community was in the spotlight yesterday when the 10 Asean leaders kicked off the 21st Asean Summit.
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      • 45 2 JUST as the Chinese Communist Party came up with its top leadership for the next five years, it has quietly anointed a small group of private business bosses as its favourite sons, newcomers to the power centre of Chinese politics.
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      • 23 2 HSBC Singapore yesterday donated $679,715.80 to ChildAid 2012 at the fourth anniversary celebration of The Little Arts Academy.
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      • 37 2 MALAYSIA is on track to hit its 2020 development targets, Prime Minister Najib Razak said at a progress update of the Economic Transformation Programme, The Star daily reported on Saturday.
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      • 35 2 PRICES of new homes in China rose in October in more cities than the previous month, indicating the government will refrain from relaxing curbs on the property market.
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    • 803 2  -  There are also signs of a fiscal cliff deal though volatility is not likely to vanish WALL STREET INSIGHT By ROB CURRAN AFTER two weeks dangling off the edge of the fiscal cliff, the stock market looks set to climb a little this week.
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    • 848 2  -  By CHUANG PECK MING in Phnom Penh WITH the deadline just three years away, the roll-out of the Asean Community was in the spotlight yesterday when the 10 Asean leaders kicked off the 21st Asean Summit. Cambodia’s Prime Minister Hun Sen, the host
      PHOTO: LIANHE ZAOBAO  -  848 words
    • 510 2  -  By JASMINE NG [SINGAPORE] Singapore’s big companies are donating most to educational and community building causes, a new study has shown. In contrast, entrepreneurship and the elderly are the least supported causes. Very few companies mentioned “sports” and “the arts” as specific causes they
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    • 1252 4  -  Small group of entrepreneurs win favour with Communist Party By SHU-CHING JEAN CHEN in Hong Kong THE new Chinese leadership that emerged last week may have hogged the headlines, but the Chinese Communist Party has also quietly anointed a small group of private business
      PHOTO: BLOOMBERG  -  1,252 words
  • Page 2 Advertisements
    • 129 2 FRONT PAGE FRONT PAGE TOP STORIES, PAGE 2 TOP STORIES, PAGE 2 TOP STORIES, PAGE 4 SINGAPORE NEWS, PAGE 10 MALAYSIA NEWS, PAGE 14 GREATER CHINA/INDIA, PAGE 15 THE TASTE OF ROYALTY IMPERIAL SOUPS FROM JIN SHAN A V- V V vs HI 0 YIN YANG GINSENG CHICKEN SOUP TREASURED
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  • Page 3 Advertisements
    • 345 3 DBS TREASURES Q PRIVATE CLIENT Expect a world of opportunities for your wealth. And a wealth of privileges for you. at Gang Am exclusive bmm a**"* 1105 a w. V '1 All DBS as 'a^ 4 SJJ7385Y I L DBS Treasures Private Client pampers you with exclusive wealth and lifestyle
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  • Page 4 Advertisements
    • 99 4 A Gastronomic Hotpot Journey Through Japan Embark on a culinary journey through Japan with a specially crafted Winter Menu by Mikuni's Executive Chef, Moon Kyung Soo.Take your pick from five regional hotpots originating from Hokkaido, Kyushu, Akita, Aomori and Nagoya. Each hotpot features famous premium ingredients accompanied by a sumptuous
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  • Page 5 Advertisements
    • 67 5 SOME OF OUR CLIENTS ARE OVER 300 YEARS OLD. In our experience it’s not only a family’s wealth that is passed down to the next generation, but the expertise to manage and protect that wealth too. Many of our clients bank with us because their fathers did. And their fathers’
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  • COMPANY NEWS
    • 3891 6 ended Sept 2012 Nine months ended Sept 2012 NET PROFIT TURNOVER CURRENT PREVIOUS CURRENT PREVIOUS CHNG CHNG (S$m) (S$m) Three months ended Sept 2012 NET PROFIT TURNOVER CURRENT PREVIOUS CURRENT PREVIOUS CHNG CHNG (S$m) (S$m) 1 OCBC Bk 3330.0 1718.0 93.8 6283.0 4164.0
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    • 740 7  -  HOCK LOCK SIEW By R SIVANITHY ALL market watchers would know that for the past 2-3 weeks, low-priced penny stocks such as YHM, Transcu and Xpress have soaked up the majority of daily unit volume. In YHM’s case, for example, it has led
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    • 319 7 COMPANY MEETING PLACE DATE TIME LifeBrandz A Zirca Club Block 3C Clarke Quay River Valley Road Ground Floor Unit #5 20-Nov 3.30pm MTQ Corporation E Carlton Hotel Empress Ballroom 2 Level 2 76 Bras Basah Road 20-Nov 3.00pm Sunright Ltd A Room 701 Level 7 No 1 Marina
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    • 258 7 Nov 16 BANKS Agricultural Bank Of China 5.50 Agricultural Bank Of China Bangkok Bank Public Co. Ltd 6.00 Bank of China Limited 5.50 Bank of Communications 5.50 Bangkok Bank Public Co. Ltd ...6.00 Bank of China Limited Bank of Tokyo-Mitsubishi Bank of Communications Banque Internationale a ...5.75
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    • 1497 7 CURRENCIES Payment Ex Books Pay Ann (cts) date close date date Ace Achieve Infocom bo 0.300 09-Nov 14-Nov 28-Nov 30-Aug AIMS AMP Cap Ind REIT cn 2.500 02-Nov 06-Nov 20-Dec 24-Oct Amtek Engrg ak 2.200 01-Nov 05-Nov 23-Nov 27-Aug Ascendas Hosp Trust aq 1.001 12-Nov 15-Nov 21-Dec 07-Nov
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    • 1934 9  -  INSIDE MARKETS By ROBERT HALILI The writer is managing director, Asia Insider Ltd UYING was high for the first time in the past four weeks with 17 companies that recorded 33 purchases worth $33.6 million, based on Nov 12-16 Singapore Exchange filings. The figures
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  • Page 7 Advertisements
    • 134 7 GOOD GAINS Let your investors know by advertising your financial results in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. Sarasin From Every Angle we Construct a Sustainable Vision for Your Wealth As a leading Swiss private bank and pioneer in the field of sustainable investment, Bank Sarasin is
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  • SINGAPORE MARKETS
    • 665 8  -  STOCKS R SIVANITHY Senior Correspondent IT APPEARS that for the next few weeks, investors will await what promises to be a season-ending cliff-hanger. We’re speaking, of course, of the US fiscal cliff which is set to dominate the headlines, with everyone wondering whether US President Barack
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    • 528 8 Bloomberg [NEW YORK] The yen last week slumped to the lowest level in more than six months against the US dollar on speculation that Japanese elections next month will hand power to an opposition party that advocates more aggressive
      Bloomberg  -  528 words
    • 522 8 COMMODITIES AFP [LONDON] Commodity prices traded mixed last week as dealers took their cue from a backdrop of weak global economic growth and geopolitical tensions, notably in the Middle East. Oil: Crude oil prices retreated as a weak energy demand situation offset potential supply
      AFP  -  522 words
    • 1519 8 Source: Thomson Reuters 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 9.80 14.08 1.52 1.38 Amtek Engineering 2.83 2.67 6 0.07 6.22 0.67 0.51 ARA Asset Management
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    • 4 8 WEEKLY
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    • 72 8 Nov 16 VALUE CLOSE BT OB/OS -569.00 +173.0 BT CADI -*****.00 +36.00 BT 10-day MA -*****.00 -57.00 FTSE ST Mid Cap 724.23 +2.21 FTSE ST Small Cap 474.03 +1.28 FTSE ST All Share 721.95 +0.42 FTSE ST China Top 193.88 +0.40 FTSE ST China 220.12 +0.43 FTSE
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    • 56 8 VOLUME YHM 2,263,352,000 Noble Grp 586,535,000 ICP 487,252,000 Golden Agri 299,411,000 Xpress 283,664,000 Transcu Grp 187,737,000 Oceanus 176,690,000 Genting SP 131,346,000 Thai Beverage 114,666,000 Elektromotive 111,959,000 VALUE($) Noble Grp 639,643,480 SingTel 330,548,134 F&N 276,602,940 DBS Grp 268,939,019 Keppel Corp 234,408,772 Golden Agri 182,515,140 GLP 175,579,502 Wilmar 168,487,110
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    • 109 8 BY CENTS CLOSE UP DBXT AUDCS 5US$ ***** 374.3 1.4 Pru 500US$ 1210 257.7 21.0 DBXT AUD Bonds 5AU$ ***** 149.7 0.6 DBXT S&P Short 10US$ 3709 76.1 1.7 DairyFarm 1088 43.0 3.3 OCBC Bk 4.5%NCPS 100 ***** 25.0 0.2 SuperGroup 288 18.0 6.7 DBXT MSJAP 10US$ 3455 13.5
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    • 127 8 BY CENTS CLOSE DOWN DBXT iBoxxSvEu 5US$ ***** -381.7 -1.3 DBXT Nifty 10US$ ***** -281.0 -2.1 GLD 10US$ ***** -254.0 -1.2 JSH 3410 -147.3 -3.4 IS DJ US Tech 6767 -146.0 -1.7 Jardine C&C 4600 -116.0 -2.5 DBXT MSKorea 10US$ 5563 -103.1 -1.5 JMH 5884 -92.0 -1.3 DBXT MSEurope
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    • 5 8 WEEKLY
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  • Page 9 Advertisements
    • 86 9 NORTON ROSE FULBRIGHT Qfjawors ki L.L.B FAST FORWARD TO THE USA Norton Rose and Fulbright Jaworski LLP are joining forces as Norton Rose Fulbright On June 1 2013, Norton Rose and Fulbright Jaworski LLP will become Norton Rose Fulbright a global legal practice with significant depth of expertise in the
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    • 212 9 School of Accountancy From Finance Leader to Business Partner Make your mark in every role with the first Master of Science in CFO Leadership programme Va 1 Developed with insights from leading industry professionals, the Master of Science in CFO Leadership (MCFO) programme at Singapore Management University is the first
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  • SINGAPORE NEWS
    • 537 10  -  The bank’s gift, though not its first to ChildAid, is its biggest so far By TEO SI JIA HSBC Singapore strongly believes the greatest gift to a child is a good education. And its action shows it. Yesterday, the bank donated $679,715.80 to charity concert
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    • 674 10  -  ASK Timothy Cooke foreign registered counsel QUESTION: I have recently visited a regional developing country and am thinking of starting a business there recycling wood chips that timber mills have in abundance. However, I am concerned that the country may close its doors
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  • Page 10 Advertisements
    • 53 10 GPS SAYS 'CONTINUE STRAIGHTAHEAD'. OUR PEOPLE SAY NEED A HAND?' At FedEx we believe that our people are at the heart of everything we do and everything we are. We understand that a business is only as good as the people behind it. Learn more at fedex.com/sg/people FedEx. Solutions powered
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    • 101 10 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 such
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  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • 1574 11  -  Being successful in innovation today means changing the way you think about where critical knowledge comes from and how to use it. By YVES DOZ By YVES DOZ The writer is emeritus professor of strategic management and the Solvay Chaired Professor of technological innovation
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    • 1089 11  -  Express in Music co-founder tells TEH SHI NING how his firm progressed from a dismal start to planning expansion in the region now STARTING YOUNG TEH SHI “THINGS are really going to change very soon. This is our pivoting point,” says Jerry Chen, the
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  • Page 11 Advertisements
    • 27 11 If you are between the ages of 17-30 with an interesting investing or entrepreneurial story to share, do email btyif@sph.com.sg with “Starting Young” in the subject heading
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    • 156 11 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 to
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  • VIEWS FROM THE TOP
    • 2485 12 THIS WEEK’S TOPIC How are you extracting useful information from your current data, and does intuition play a big part? Are organisations beginning to experience ‘data overload’, and if so, what can they do to make the best use of the flood of data available? Chaly Mah
      STOCK.XCHNG  -  2,485 words
  • Page 12 Advertisements
    • 128 12 PRECISION TRADING IN VOLATILE MARKETS K UU WV* K j*. l|t 1 1 A STABLE PLATFORM WITH ULTRA-FAST EXECUTION Take advantage of market volatility on a platform with the stability and reliability to cope in all conditions, 24 hours a day. When trading forex, shares, indices and commodities use our
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  • Page 13 Advertisements
    • 683 13 A full list of views from CEOs is available at http://businesstimes.com.sg MAYORS OF THE WORLD, MAY WE With 3.3 billion people living in cities today—a number that will double by 2050—the job of mayor has begun to resemble the burden of Atlas. City infrastructure, agencies, services, economics and the well-being
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  • MALAYSIA/INDONESIA
    • 586 14 Investment of RM26b planned; six services sub-sectors opened up [PUTRAJAYA] Malaysia is on track to hit its 2020 development targets, Prime Minister Najib Razak said at a progress update of the Economic Transformation Programme (ETP), The Star daily reported on Saturday. Mr
      PHOTO: THE STAR  -  586 words
    • 580 14 Bloomberg [PHNOM PENH] South-east Asia’s growth will remain resilient over the next five years with Indonesia’s growth outpacing its neighbours, as stronger investment and private consumption reduce dependence on exports for expansion, the Organisation for Economic Co-operation and Development (OECD) said.
      Bloomberg  -  580 words
    • 1615 14 VOL Nov 16 RM +/-(‘000) VOL Advance Synerg 0.16 -0.01 65 Adventa Bhd 1.88 unch 85 Ae Multi Hldgs 0.21 -0.01 250 Affin Holdings 3.38 0.01 348 Ahmad Zaki Res 0.69 0.01 20 Alliance Finan 4.07 -0.02 1027 Aluminium Co 0.74 -0.02 32 Amalgamated In 0.31 unch 13
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  • Page 14 Advertisements
    • 842 14 WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices CoiJgar COUGAR LOGISTICS CORPORATION LTD. (Incorporated in the Republic of Singapore) (Company Registration No. *****9721C) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of Cougar Logistics Corporation Ltd. (the “Company”) will be held on 11 December
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    • 340 14 IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF ABG ASIA PTE. LTD. (Co. Registration No.: 2007-*****-G) (In Members’ Voluntary Liquidation) At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 80 South Bridge Road 03-01, Singapore *****0 on the 19
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  • GREATER CHINA/INDIA
    • 705 15 Uptrend in more cities than previous month; Beijing not likely to ease curbs Bloomberg [SHANGHAI] Prices of new homes in China rose in October in more cities than the previous month, indicating the government will refrain from relaxing curbs on the property market.
      Bloomberg; PHOTO: REUTERS  -  705 words
    • 473 15 JV will invest 10.9b yuan on China plant, create new brand Bloomb erg [SHANGHAI] Tata Motors Ltd’s Jaguar Land Rover unit and Chery Automobile Co will invest 10.9 billion yuan (S$2.14 billion) to build a manufacturing plant in eastern China and create a
      Bloomberg  -  473 words
  • Page 15 Advertisements

  • GREATER CHINA
    • 756 16 Headed for the inner circle of Chinese politics, they are the front runners for the top posts in 2022: analysts AFP [BEIJING] Even as XI Jinping was unveiled as China’s new leader, clues on who will take over from him a decade
      AFP  -  756 words
    • 809 16 Bloomberg [BEIJING] The People’s Bank of China’s next step in overhauling the exchange rate system will focus on convertibility, governor Zhou Xiaochuan said, as his omission from a top Communist Party committee indicated he will retire. “For the central bank, I
      Bloomberg; PHOTO: AP  -  809 words
  • Page 16 Advertisements

  • OMAN NATIONAL DAY
    • 1153 17  -  The Sultanate has done well in its efforts to become a modern nation and strengthen ties with other countries By ZAKARIYA AL-SAADI Mr Zakariya is Consul General of the Sultanate of Oman, Singapore THE Sultanate of Oman celebrated its 42nd National Day yesterday. Under
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    • 869 18  -  Business, cultural and festive events marked a week of activities between Oman and Singapore. Reports by Vincent wee Reports by VINCENT WEE THE signs of growing bilateral ties between Singapore and Oman were everywhere last week, with the recently concluded Omani Days organised by
      FILE PHOTOS  -  869 words
    • 773 20 A growing number of Omanis are settling in nicely in Singapore, mostly citing the country’s vibrance and the opportunities it offers THE excellent relations between Oman and Singapore extend beyond the official, and has reached the people-to-people level, as more Omanis settle here for
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    • 712 21 Heavy investment in the sector has helped it to create a modern hospital system and be among the world’s advanced nations in healthcare HEALTHCARE is an area of paramount importance to Oman and over the past 30 years, Oman has invested heavily in the
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    • 1372 22 Oman plans to invest US$450m to extend its Free Trade Zones to attract more foreign investment and diversify its oil-reliant economy IN its typically prudent way and recognising that it has many strategic benefits, Oman has been seeking to diversify its non-oil revenues and
      Source: www.omannews.gov.om  -  1,372 words
    • 714 24 The city being named Arab Tourism Capital 2012 is a big boost for Oman to promote the country as a tourist destination THIS year has been a significant year for tourism in Oman with Muscat receiving the Arab Tourism Capital 2012 award of the
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    • 756 25 The Royal Opera House Muscat has completed a successful inaugural year, featuring top operas and concerts and local Omani cultural events as well THE one-year old Royal Opera House Muscat (ROHM), continues to wow audiences with an impressive line-up of performances. The venue
      PHOTOS: BLOOMBERG  -  756 words
  • Page 17 Advertisements
    • 107 17 Everywhere. But unexpected. Jr""' m o o ■I i mi HI A tom tiija !<e U mmhi imiaa ll ml n o o ill ml II i” I axmmm mU tW 1 IT wsm K 71\fD Mum a Das^SS rs FT If ll a a PHI a: Hr ll titJUHi
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  • Page 18 Advertisements
    • 79 18 CnmsonLoqic Solutions. Simplified. Congratulations and Best Wishes to the People and the Sultanate of Oman on your 42 nd National Day! Simplifying Governance to Improve Lives CrimsonLogic strives to be a trusted partner to the Government of the Sultanate of Oman through its eGovernment implementation experience in the Middle-East. For
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    • 74 18 SINGAPORE POWER CONGRATULATIONS AND BEST WISHES TO THE SULTANATE AND PEOPLE OF OMAN ON THEIR 42nd NATIONAL DAY Every day, Singapore Power lights up millions of lives, at home, work and play. Ensuring power to grow, excel and aspire. Every day, Singapore Power's energy network underpins thriving economies. Powering businesses
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  • Page 19 Advertisements
    • 186 19 Oman Trading International (OTI) wishes the Sultanate and the people of Oman a happy 42nd National Day 4 rags** T* «Tv- S -■c -‘i gsaef r=2 V 4 va w>«a; [ttrrni r i < '>W: >- ><- J c sc- rr f Oil fuels the machinery of Oman's growing economy.
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  • Page 20 Advertisements
    • 245 20 Smart thinking. Safe hands. We congratulate the Sultanate and the people of Oman on their 42 nd National Day R ROTARY m mmm wa t£T ri ■L SBggE n >. i *11 --A-IS SV 1 Extraordinary Heritage, Uncompromising Expertise ROTARY is one of the region’s leading oil and gas infrastructure
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  • Page 21 Advertisements
    • 111 21 Sembcorp congratulates His Majesty Sultan Qaboos Bin Said and the people of Oman on their 42nd National Day. We are proud to be a vital partner in Oman’s development with our specialised energy and water capabilities. As a leading energy, water and marine group operating across six continents worldwide, Sembcorp
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  • Page 22 Advertisements
    • 49 22 ones making IT happen Congratulations to His Majesty Sultan Qaboos bin Said Al-5aid and the people of Oman on the celebration of the 42^National Day k. We at NCS are proud to be part of your IT strategy in becoming an integrated, intelligent and inclusive nation. I www.ncs.com.sg I
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    • 146 24 Celebrating A Journey Of Landmark Success Our heartfelt congratulations and best wishes to His Majesty Sultan Qaboos and the nation on the glorious occasion of Oman's 42nd National Day! Indeed the Sultan's far-sighted vision of nation-building has materialised into concrete achievements that lay the foundation for greater prosperity. CS A
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  • Page 25 Advertisements
    • 101 25 C^Se/e/recti si v v \l (Her* B. Congratulations Best Wishes to the Sultanate and people of Oman on their 42 nd National Day As a business partner of the Omani community, BH Global is driven by the passion to continually push the frontiers and raise the bar of excellence. We
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  • ECONOMY WATCH
    • 843 26 Debt programme should be rooted in reality, not wishful thinking: Lagarde Reuters [MANILA] An agreement among Greece’s creditors on how to reduce its large debt pile should be “rooted in reality and not in wishful thinking”, the head of the International Monetary Fund
      Reuters; PHOTO: REUTERS  -  843 words
    • 630 26 Bosses blame employment protection laws, high entrylevel wages set by unions AFP [STOCKHOLM] When Adam Lundborg, a 25-year-old business graduate, began handing out flyers on a busy shopping street in central Stockholm this summer, he was selling a product he knew better
      AFP  -  630 words
  • Page 26 Advertisements
    • 135 26 MY WIFE IS BUGGING ME retro shirt GO TO CLEAR MY 60 WARDROBE MY WIFE IS THROWING A RETRO PARTY a B tmmm i V la 9 r i g m f mm* m .5- 1 I'll I i T rv. rr —I r 5’ SI XV t. m n:
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  • WORLD
    • 1265 27 Higher hurdle for Citi as it has bigger exposure to a slowdown in region Bloomberg [NEW YORK] The Federal Reserve changed its annual set of tests for the 30 largest US banks to incorporate the risk of a deeper slump in
      Bloomberg; PHOTO: REUTERS  -  1,265 words
    • 572 28 NYT [NEW YORK] Industrial production has been stagnating in many advanced economies around the world and is beginning to damage the German economy, which has been the strongest in the troubled eurozone. Figures reported last week showed that industrial production in the eurozone
      NYT  -  572 words
    • 732 28  -  It is hoped a fiscal deal in US will boost markets and raise growth in America By NEIL BEHRMANN in London INVESTOR attention is focused on US fiscal negotiations, but a key reason for the global market setback in the past few
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    • 774 28 But normalcy returns to some parts of Manhattan NYT [NEW YORK] Almost three weeks after Hurricane Sandy hit, workers for the Federal Emergency Management Agency (Fema) are a common sight in hard-hit parts of Brooklyn, Queens and Staten Island. But recently,
      NYT; PHOTO: REUTERS  -  774 words
    • 483 28 Most of it arises from its obligation to set aside funds for future retirees WP [WASHINGTON] The US Postal Service has reported a record annual loss of US$15.9 billion in the past fiscal year, prompting renewed calls for Congress to pass legislation to
      WP  -  483 words
    • 1081 29 System bogged down in hierarchical habits of govt employees used to serving junta NYT [YANGON] The centre of Yangon is filled with signs that capitalism is on the march in this former socialist military dictatorship. Co-ca-Cola and Pepsi compete on billboards, a car
      NYT; PHOTO: AFP  -  1,081 words
    • 642 30 Its Wii U GamePad expected to change the way video games are played AP [LOS ANGELES] It can scan zombies, replace a TV remote, open a window into virtual worlds and shoot ninja stars across a living room. It’s the Wii U GamePad,
      AP  -  642 words
    • 593 30 AFP [SEOUL] President Obama, the mayor of London, China’s top dissident artist and Madonna every time someone signals the death of “Gangnam Style” up pops another high-profile figure to keep the phenomenon alive. In the four months since the music video by
      AFP; PHOTO: AFP  -  593 words
    • 639 31 Obama says his visit to Myanmar is not an endorsement of its government Bloomberg AFP AP Reuters [BANGKOK] The US is taking new steps to expand trade and investment with Thailand and other Asian nations, and deepening its security cooperation in the region,
      Bloomberg; AFP; AP; Reuters; PHOTO: REUTERS  -  639 words
    • 346 31 AFP [BERLIN] A programme to attract foreign professionals has flopped in Germany, drawing just 139 people since it was introduced in August, a newspaper reported yesterday citing official figures. The Welt am Sonntag said that the “Blue Card” for skilled employees
      AFP  -  346 words
    • 455 31 AFP [BRUSSELS] The European Union looks set for fresh trouble this week as an extraordinary summit called to agree on a long-term tril-lion-euro budget heads for an ugly showdown, possibly even failure. Already weakened by three years of economic crisis, the 27-nation bloc of half
      AFP  -  455 words
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    • 101 27 mountain bike dumbbells '-4k. x vs s s tt. V t AV A y r Nl jo'J'f* S camera electric guitar krq c < watches n bi u 5-;. 8* ;p~ v's S ir s' :.a retro shirt syv books bike helmet I' football fish tank KJ G© as oo
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  • Page 28 Advertisements
    • 23 28 0.!# 0."61*6+ 3))$6 7":<5= *6967/1 =*676", 68 /4/61/-1= w ***** 222&7":<5=&+".&89 E TODAY. FgxYSMM" &/46,+ %353’,2 urban dweller )163=’ 58 ;/+=-""3 X oj©
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  • Page 29 Advertisements
    • 1749 29 SINGAPURA FINANCE LTD (incorporated in the Republic of Singapore) Co. Registration No *****0340N 150 Cecil Street #01-00 Singapore *****3 Financial Statements for the Year Ended 30 June 2012 IMPORTANT The following financial information contains only a summary of information in the financial statements of Singapura Finance Ltd and the consolidated
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  • Page 30 Advertisements
    • 42 30 khstf2 A P/kwfiA cvctM o&S'h flritlwS KISS92 IS PART OF SPH RADIO NETWORK A $20,000 diamond is yours for a kiss Tune in to Kiss92 to find out how to make this diamond yours forever kiss92.sg Dfacebook.com/kiss92fm @kiss92fm 9 the Diamond guarantee
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  • Page 31 Advertisements
    • 578 31 Talent Management Work Productivity Who should attend: Senior Management Professionals in Customer Service, General Management, Business Development, HR and Sales Marketing; Professionals, Supervisors Team Leads. FULL-DAY WORKSHOPS Register at www.stjobs.sg/seminars STJOBS No.1 No.1 Recruitment site in Singapore by Marketing Magazine (2011) FULL-DAY SEMINAR Extraordinary Leadership: Achieving breakthrough performance in your
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  • AVIATION/SHIPPING
    • 678 32 The country’s rapid economic growth is creating massive demand for aircraft AFP S HAN G HAI C h i n a s home-grown passenger plane was only a model at the country’s premier airshow, but a growing number of orders show Beijing’s drive to
      AFP  -  678 words
    • 696 32 Reuters [WASHINGTON] When computer “hackers” working for the US Navy succeeded in breaking into the computer logistics system that controls the Lockheed Martin Corp F-35 Joint Strike Fighter earlier this year, they did the company a favour: allowing it to fix a
      Reuters; PHOTO: REUTERS  -  696 words
    • 458 32 Bloomberg [LISBON] Portuguese airport operator ANA may generate 2.6 billion euros (S$4.07 billion) for the government, five times as much as state-owned airline TAP, as investors bet on more reliable returns from infrastructure assets. Some of the five offers for
      Bloomberg  -  458 words
    • 541 32 Including Finland in project is a major stumbling block Reuters [TALLINN, Estonia] Energy executives and officials last week cast doubt on plans to build a liquefied natural gas terminal for the EU’s former-Soviet Baltic republics, part of a push to make them
      Reuters  -  541 words
    • 251 32 SGX '000 Nov 17 S$ +/-Vol CH Offshore 0.45 -0.01 176 Chuan Hup Hldg 0.24 -0.01 9 Cosco Corp 0.86 unch 5187 s$ First Ship Lea unch unch 0 Freight Links 0.06 unch 565 Grand Banks unch unch 0 Jaya Hold Ltd 0.56 -0.01 53 K1Ventures 0.12 unch
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  • Page 32 Advertisements
    • 24 32 For a venture to be successful Why isteamwork more important thanideas andskills? more important than ideas To subscribe, call 6388-3838 or go to sphsubscription.com.sg
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  • Page 32 Miscellaneous
    • 329 32 CRYPTIC CROSSWORD Across 1 Stop believer adopting son (6) 4 When to make an illegal copy of such a letter (8) 10 Cry, seeing potential partner wrapped in fleece (4,1,4) 11 Picture that is printed on exterior of magazine (5) 12 Won’t he gossip about moving? (2,3,2) 13 Candidate free
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  • DINING OUT
    • 851 33 First overseas outlet of renowned China hotpot chain opens in Singapore, reports DEBBIE YONG NEW RESTAURANT Hai Di Lao Hotpot 3D River Valley Road #02-04 Clarke Quay Singapore *****3 Tel: 6337 8626 Opening hours: 6pm to 11pm (12pm to 3am by year-end) reportsDEBBIE YONG SAVE
      851 words
    • 697 33  -  NEW RESTAURANT Halia at Raffles #01-22/23 Raffles Hotel 1 Beach Road Tel: 9639 1148 Opening hours: Mon-Fri, from 11.30am, set lunch; all day dining until 10pm. Sat-Sun, brunch menu, all day dining until 10pm. By Cheah Ui-Hoon HALIA Restaurant long associated
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  • Page 33 Advertisements
    • 94 33 Wine, Dine Hospitality Highlights *v--. WEEK ENDS. Indulgence begins. Laze, graze, forget week days. Gourmets can now give themselves over to pure culinary pleasure all weekend long at Conrad Centennial Singapore. Afternoon Delight Lobby Lounge $45++ per person* 1pm to 5pm (avail. Sat Sun) Oscar's Sunday Amazing Graze $78++ $148++
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    • 10 33 mm o www.omy.sg m ■W > '-‘V i r- WfE4g«W! eat.omy.sg
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    • 28 33 HOI m LIGHTNING STRIKES CATCH THE ALL NEW NISSAN HOT FM91.3 THUNDER TRUCK TUNE IN TO HOT FM91.3 FOR MORE INFO WWW.HOTFM.SG I D FACEBODK.COM/HOTFMSG I 3* HOTFMSG
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  • SINGAPORE STOCKS
    • 3255 34 Week ended: Nov 16 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 Company Last Sale Vol ('000) 149.5 92.5 AIMSAMPIReit 138 -7.5 ***** 145.5 135.5 137 138 6 13.2 618.7 High Low Buyer
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    • 337 35 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 $mil Last 4.6 1.3 t Advanced System 1.4 unch 1109 1.5 1.3 1.3 1.5 20.9 Week Last Quote Div Gr Yld Net M Cap High
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    • 117 35 Stock name Close Change CapMallsAsia 1.750 -0.010 CapitaLand 3.290 -0.030 CapitaMall 2.080 +0.020 CityDev 11.000 -0.150 ComfortDelGro 1.590 +0.005 DBS Grp 13.690 -0.100 F&N 9.280 +0.150 GLP 2.520 -0.070 Genting SP 1.220 +0.015 Golden Agri 0.600 -0.015 Stock name Close Change HK Land 6.560 -0.050 IHH
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    • 2234 35 Transaction date: Nov 16 HONG KONG Vol HK$ +/-'000 Aeon Credit 7.20 unch 0 Aeon Stores 19.00 unch 30 Angang Steel 4.57 -0.01 5360 Anhui Conch 24.60 -0.30 8575 Anhuiexpresswa 3.79 0.07 690 Asia Satellite 24.95 0.05 57 Asm Pacific 89.40 -1.10 452 Bank Of E Asia 28.55
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    • 195 35 52-Wk Last Vol Week Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil Company 41.5 26 Genting HK US$ US32 -1 ***** 33 31 31.5 32 2107 Sale 228 169 TanChongInt HK210 unch 6 210 210 190 218 4.3 3.3
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    • 186 35 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 2 13 2 0 0 0 2 13 2 Manufacturing 55 89 37 7 12 10 62 101 47 Commerce 18 45 15 4 7 4 22 52 19 Tpt/Stor/Comms 4 34 5
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    • 1042 35 52-Wk Last Vol Week Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 126 114.4 ABF SG Bond ETF 121 +1 83 121 119 119 121 552.3 128.9 120.4 CIMB APAC Div 100S$D 125 -2.5 1 125 125 123
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    • 123 35 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 76,725 76,725 399,718 399,718 Manufacturing 1,182,484 713,859 1,896,343 1,043,568 4,667 1,048,235 Commerce 1,093,960 104,332 1,198,292 1,004,810 3,302 1,008,112 Tpt/Stor/Comms 442,725 74,094 516,819 738,936 22,214 761,150 Finance 86,733 4,193 90,926 642,731 1,932 644,663 Construction 206,638 2,282,823
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  • Page 35 Advertisements
    • 26 35 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
    • 611 36 Nov 16 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT 8898.33 9032.35 8898.33 Dec12 8805.00 9040.00 8800.00 9020.00 *****9 *****3 Mar13 8855.00 9005.00 8855.00 9005.00 93 2209 MSCI TAIWAN INDEX FUTURES SPOT 255.67 258.28 254.97 Nov12 255.20 257.20 253.50 255.00 ***** *****7 Dec12 254.20
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    • 373 36 In local curr In S$ In US$ dy yr dy yr dy yr Nov 16 Index Change Change Change Change Change Change World Preliminary 880.7 -0.1 6.1 0.1 0.2 -0.3 5.7 EAFE Preliminary 716.1 -0.4 5.0 -0.4 -1.5 -0.8 3.9 Europe Preliminary 1075.2 -1.2 4.7
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    • 94 36 As on 16 November 2012 www.smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE PRECIOUS METAL GOLD FUT DEC2012 1716.50 1705.80 1714.80 INDIA GOLD (E-GOLD) FUT DEC2012 572.15 569.10 572.20 CURRENCY EUR-USD FUT DEC2012 1.2780 1.2704 1.2734 BASE METAL COPPER FUT DEC2012 7655 7561 7610 INDEX IRON ORE (MBIO) IDX
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    • 107 36 Nov 16 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jan 13 1383.25 1402.00 1409.25 1372.25 Mar 13 1368.00 1384.00 1390.25 1356.00 May 13 1351.50 1362.25 1367.75 1337.75 Jul 13 1343.50 1354.50 1359.00 1331.75 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Dec 12 47.05
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    • 70 36 CRUDE OIL PRODUCTS Nov 15 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 108.77 0.42 WTI (Near Mth) 85.34 -0.98 Dubai (1-Mth F) 105.95 0.86 Tapis blend 113.9 0.45 Minas 107.48 0.45 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 104.56 1.34 Jet Kerosene 125.34 1.44 US$/barrel OpecOil Basket
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    • 24 36 Nov 16 S$ Bid Offer 1-month 1.2272 1.2283 2-months 1.2272 1.2283 3-months 1.2273 1.2283 6-months 1.2272 1.2282 Source: OCBC Source: OCBC
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    • 64 36 Nov 16 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1930.25 1943.00 3 months 1951.00 1964.00 Copper, Grade A(US$/tonne) Cash 7595.75 7630.50 3 months 7605.00 7639.50 Lead(US$/tonne) Cash 2160.75 2215.50 3 months 2150.00 2199.00 Nickel (US$/tonne) Cash *****.50 *****.00 3 months *****.00 *****.00 Tin(US$/tonne) Cash *****.50 *****.00 3 months *****.00
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    • 79 36 Nov 16 COCOA (£/tonne) Close Prev High/Low Dec 12 1556 1604 1603/1548 Mar 13 1553 1602 1601/1540 May 13 1559 1607 1604/1549 Jul 13 1566 1613 1611/1560 COFFEE(US$/tonne) Close Prev High/Low Nov 12 1899 1893 1912/1900 Jan 13 1901 1903 1925/1895 Mar 13 1915 1920 1942/1910 May 13 1929
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    • 996 36 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 1 146 408 7.37 18 Conv Ratio Baker Technology Ltd W*****6 0.1 1 32 -1 325.00 0 Price Best World Intl Ltd W*****5 0.3 1 30 84
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    • 470 36 Nov 16 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.034 6.445 0.810 8.014 56.737 99.498 0.839 11.288 3.175 1.274 99.069 42.735 1.269 9.179 0.976 30.189 31.788 0.651 1.034 Canada 0.967 6.234
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    • 62 36 Nov 16 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 0.***** 0.***** SWAP Offer rates (S$) 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths SWAP Mid rates (S$) 12 mths 0.***** SWAP
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    • 133 36 Nov 16 GOLD(US$/oz) Nov 16 Nov 15 Hong Kong 1723.90 1736.00 Nov 16 Nov 15 London 1712.90 1716.99 1713.30 1718.21 Source: Thomson Reuters CAST BAR Nov 16 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 152 68 5gm 432 338 10gm 771 677
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    • 87 36 Nov 16 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****X 14-Feb-13 0.24 6-Month BS*****A 16-May-13 0.26 1-Year BY*****X 01-Nov-13 0.27 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0N 0.25 01-Oct-14 102.09 102.13 102.13 5-Year N*****0Z 2.375
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    • 57 36 Nov 16 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Dec 12 2366.0 2395.0 2372.0 2354.0 866 8950 Jan 13 2385.0 2434.0 2404.0 2384.0 6610 ***** Feb 13 2420.0 2461.0 2439.0 2416.0 ***** ***** Mar 13 2457.0 2495.0
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    • 154 36 Nov 16 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2684 1.2698 1.0336 1.0339 Canadian dollar 1.2267 1.2283 1.0001 0.9996 Euro 1.5654 1.5669 1.2756 1.2758 NZ dollar 0.9955 0.9968 0.8112 0.8116 Sterling pound 1.9492 1.9511 1.5883 1.5886
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    • 121 36 As at 9am Nov 16 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.293 1.232 Can dollar 1.25 1.191 Euro 1.601 1.525 Sterling pound 1.978 1.902 NZ dollar 1.022 0.965 US dollar 1.248 1.189 Local dollars to 100 units of foreign
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    • 154 36 Nov 16 $S Offer Bid 0vernight 0.03 0.01 1-month 3/8 1/4 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.01 US$ Offer Bid 7 days 0.22 0.12 1 month 0.28 0.18 2 months 0.45 0.25 3 months 0.50 0.30 6 months 0.65 0.45 9 months 0.80 0.60 12
      154 words

  • Page 37 Advertisements
    • 694 37 The Business Times Shipping times 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 n GLOBAL SERVICE Destination STXPO TBN Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE CONVENTIONAL, BREAKBULK PROJECT Destination
      694 words
    • 453 37 Port Kembla J e b e Shanghai LaemChabang __Chittagong l A l i regular D a m m a m J e d d a h B r i s b a n e P o r t NYK RORO Conventional ServiceREGULAR SERVICE TO K e m b l a
      453 words
    • 521 37 WALLENIUS WILHELMSEN LOGISTICS Tel: (65) 6379 5066 Fax: (65) 6379 5106 Email: 2wsinenq@2wglobal.com website: http://www.2wglobal.com AUSTRALIA NEW ZEALAND TO ASIA VESSEL VOY AKL BNE PKL MEL FRE SIN ENDURANCE FF250 09/11 13/11 16/11 17/11 22/11 29/11 TAMERLANE OF240 15/11 20/11 22/11 24/11 29/11 05/12 PARSIFAL FF252 25/11 01/12 04/12 09/12
      521 words

  • Page 38 Advertisements
    • 853 38 Shipping Times HDS LINES THE SHORTEST TRANSIT TO PERSIAN GULF CONTAINERS SERVICE TO TANZANIA, KENYA, MIDDLE EAST, IRAN, PERSIAN GULF, IRAQ, CIS, INDIA, PAKISTAN, EAST MEDITERRANEAN AND EAST NORTH AFRICA HDM SERVICE Approx transit time ex-Singapore 8D 9 D VESSEL VOY SIN PKG JEA BND ASSALUYEH BEHTA hdm 0151s 20
      853 words
    • 592 38 EASTERN CAR LINER, LTD SPECIALIZE IN RORO HEAVY LIFT INTRA-ASIA SERVICE VOY Ramp(KT) Lifting(KT) MNL SIN PKL KUC MUA JKT PACIFIC LOHAS 40 60 24/11 26/11 POSITIVE PIONEER 69 100 23/11 28/11 29/11 03/12 SHENG SHI 44 100 03/12 04/12 MALAYSIA STAR 19 50 05/12 14/12 KING FISHER 32 60
      592 words
    • 393 38 FOONG SUN SHIPPING (PTE) LTD INDONESIA SUMATRA PORTS VESSEL VOY ETA ETD DESTINATION BERJAYA 2 11/12 21/11 23/11 BELITUNG/PKL BALAM INARAN 13/12 22/11 24/11 JAMBI/PEKAN BARU FAJAR MAS 09/12 20/11 22/11 PALEMBANG/PANJANG SUN FLORA 24/12 21/11 23/11 BENGKULU/PADANG CARAKA JN311 10/12 22/11 24/11 BELAWAN/LHOKSEUMAWE SRI BAHARI 11/12 22/11 24/11 SABANG/MALAHAYATI
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  • Page 39 Advertisements
    • 250 39 NETGEAR 0 PROSECURE® I Internet Your Security Solution Clean and secure User/Group URL Anti- Anti- Application traffic Policies Filtering Spam Malware Control a FVS318N <m «ai i TOEAR FVS318N PROSAFE® WIRELESS-N 8-PORT GIGABIT VPN FIREWALL Unfiltered network stream ITOIAR 2 Q LAN STM Appliance El prosecurfI UTM9S PROSECURE® UNIFIED THREAT
      250 words

  • BizIT
    • 990 40  -  Singapore well-positioned to reap benefits of open-source cloud deployments, reports AMIT ROY CHOUDHURY AMIT ROY CHOUDHURY OPEN platforms will win in the cloud since they were born out of the innovations and foundations of open source. Unlike previous generations of computing, this cloud
      PHOTO: CLOUD PLATFORM GROUP  -  990 words
    • 1148 40  -  <we say> AMIT ROY CHOUDHURY Technology Editor PEACE seems to be finally breaking out in the “thermonuclear war” started by Apple’s late founder, Steve Jobs, against Google’s Android OS (operating system) which he denounced as a “stolen product”. Apple has cut a surprise deal with Taiwanese
      1,148 words
    • 550 40  -  Veredus Lab’s product can tell if bacteria is multi-drug resistant By LOO PO LI SINGAPORE-based Veredus Laboratories has turned its sights to the fight against tuberculosis (TB) with VereMTB, a chip that provides its user the ability to detect TB
      550 words
    • 348 40 Bloomberg [SAN FRANCISCO] Samsung Electronics can add the iPhone 5 to its patent infringement claims against Apple Inc, and Apple can add infringement claims against the Samsung Galaxy Note, the US version of the Galaxy S III and the Jelly Bean
      Bloomberg; PHOTO: AP  -  348 words
    • 780 39  -  One drawback of the new tablet right now is the paucity of apps available By VICTORIA HO ONE of the most exciting gadgets to come out in the past month has been the Microsoft Surface tablet. Moulded magnesium casing, a firm kickstand
      PHOTO: AFP  -  780 words
    • 523 39  -  COMMENTARY By DANE ANDERSON The writer is VP and research director for Forrester Research, Asia Pacific THE recently held Microsoft Asia Pacific Analyst Summit 2012 afforded a comprehensive and very timely strategy update, in the lead up to the launch of Windows 8 globally.
      523 words
    • 1002 39  -  <you say> By TRENT MAYBERRY The writer is managing director, Technology Growth Platform for Asean at Accenture Technologists are an optimistic bunch, and 2013 seems poised to be an amazing year with pay-per-use access to near infinite computing power; round-the-clock access to smart devices;
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