The Business Times, 14 July 2014

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Total Pages: 35
1 36 The Business Times
  • 25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg SfCl A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MCI (P) 085/08/2013 Monday, July 14, 2014
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  • 918 1  -  Delivery processes have to be created and inventory control adapted B)’ JOYCE HOOI joyceh@sph.com.sg @JoyceHooiBT [SINGAPORE] Even as the digital clock ticks down on ol’ brick-and-mortar, traditional retailers are having trouble with the new tricks of e-commerce. Online retail is misleadingly named,
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  • MARKETS DIGEST
    • 57 1 Weekly Change ST INDEX 3,293.73 +21.48 KL COMP 1,883.15 -1.76 NIKKEI 225 15,164.04 -273.09 HANG SENG 23,233.45 -312.91 SET INDEX 1,518.01 +22.18 JAKARTA COMP 5,032.60 +126.77 MANILA COMP 6,901.09 -61.19 SEOUL COMP 1,988.74 -20.92 SHENZHEN B 880.69 +34.37 MUMBAI IND 25,024.35 -937.71 DOW 16,943.81 -124.45 NASDAQ 4,415.49 -70.44 S&P
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    • 21 1 SINGAPORE MALAYSIA MALAYSIA 5.35 6.55 5.00 INDONESIA 15.372 TAIWAN BRITAIN JAPAN US KOREA CANADA BRITAIN 0.50 us Source: Bloomberg
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    • 49 1 US$ S$ US$ (S$ per US$) 1.241 (US$/S$ per 1.714 2.127 EURO (US$/S$/E) 1.361 1.689 Foreign currency per US$ S$ YEN 101.40 81.70 RM 3.188 2.568 HK$ 7.750 6.244 BAHT 32.18 25.92 RUPIAH 11,583 9,331 RENMINBI 6.207 5.001 INDIAN RUPEE 60.10 48.41 A$ 1.064 0.857 NZ$ 1.133 0.913
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  • 930 1  -  Forum Partners banking on likely surge in developer demand for funding By LEE MEIXIAN leemx@sph.com.sg @LeeMexianBT [SINGAPORE] Recent defaults of some Chinese property developers have made it harder for others to raise funds amid tight onshore liquidity. But for at least
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  • Page 1 Advertisements
    • 154 1 BOARDROOM MATTERS Regulation by law or the Code? PAGE 7 DINING OUT Italian fine dining off to a rousing start PAGE 29 WORLD CUP Two coaches with very contrasting fortunes PAGE 4 TOPLINE Building firm KOP takes on the glitz PAGE 5 BT WEBSITES For breaking news, go to businesstimes.com.sg.
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  • TOP STORIES
    • 466 2 Old-school retail grapples with new tricks of e-commerce EVEN as the digital clock ticks down on ol’ brick-and-mortar, traditional retailers are having trouble with the new tricks of e-commerce. FRONT PAGE Tighter liquidity in China opens door for PE funds RECENT defaults of some Chinese developers have made
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    • 689 2  -  They reflect nations’ ‘rising importance’ on global stage, says ex-IMF official By ANTHONY ROWLEY in Tokyo LEADERS of the BRICS group of emerging economies (Brazil, Russia, India, China and South Africa) are expected to announce the launch of a US$50 billion new
      PHOTOS: AFP, REUTERS  -  689 words
    • 941 2  -  There have been some promising signs for the bulls WALL STREET INSIGHT By ROB CURRAN LAST week, US stocks fell slightly as the Federal Reserve confirmed that it was close to ending monetary stimulus and new worries surfaced in the
      PHOTO: REUTERS  -  941 words
    • 678 4  -  Brazil’s Scolari will pay the price for failing his countrymen, while Netherlands’ van Gaal will be feted in a heroes’ welcome WORLD CUP COMMENTARY LEE U-WEN leeuwen@sph.com.sg @LeeUwenBT Correspondent LUIS Felipe Scolari’s blunt assessment after Brazil’s collapse to the Netherlands was that his team
      PHOTOS: REUTERS, AFP  -  678 words
    • 651 4  -  Stores struggle with rising rentals and scarce manpower RETAIL WOES Reports by JOYCE HOOI joyceh@sph.com.sg @JoyceHooiBT [SINGAPORE] If life were theatre, retailers would be the Greek chorus. Of late, theirs has been a tale of woe, with rentals high and manpower scarce. Online
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    • 719 4 [SINGAPORE] In the tragic Greek chorus of retail, the apparel business must surely be wailing the loudest. Some of them have stopped wailing altogether and simply disappeared. In 2012, the “wearing apparel” category shrank to 2,576 establishments from 2,681 the year before,
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    • 2 4
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    • Article, Illustration
      79 4 Singapore’s online shopping fetish $4.4b What Singapore’s e-commerce market will be worth by 2015 74.95 minutes that Singaporeans spend shopping online a week Out of the shoppers who admit to fibbing about their shopping... Singaporeans are willing to wait for purchases to be delivered What the average shopper
      Sources: PayPal Insight report, Rakuten survey, UPS study (Sept 2013) and Qoo10  -  79 words
  • Page 2 Advertisements
    • 74 2 Tsinghua University '911 WtB-M IS^iPU# \tOAi &&&.&%>.i hUMUZZln -Maw i &mm\ SRS0HI /a# Sff^-* Wit, Wilted; as, siis, ‘it5t*«A, S:i8Wl WJ% |0, fWP.» 573 ftJSSfc ®iri2i!SilkAMc ?I3 Q Lc E£ 7-iAVt^miJj aSsSSse TS-Mlfij H H0*- l tm»mmmm d CoMnu*g E&cMcx. FaMgllw RAFFLES BUSINESS INSTITUTE fife B > !0 P £3||Sfc
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  • Page 3 Advertisements
    • 127 3 PROTECT YOUR COMPANY'S ONLINE PRESENCE m w ==1 1 1 3. i BliS* 11 S to ft Ll ffiS rr i «ss «K y:AK x53 Safeguard your company's online presence with Ml's Distributed Denial of Service (DDoS) mitigation service. Backed by round-the-clock multi-layered security at an affordable cost, you can
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  • Page 4 Advertisements
    • 179 4 THE STRAITS TRADING COMPANY LIMITED (UEN/Company Registration No.: *****0008D) (the “Issuer”) NOTICE TO HOLDERS (THE “NOTEHOLDERS”) OF THE OUTSTANDING S$225,000,000 4.30 PER CENT. FIXED RATE NOTES DUE 2016 (ISIN: SG6Q*****459) (THE “NOTES”) in respect of the meeting (the “Meeting”) of the Noteholders The Straits Trading Company Limited Convened for 10.00
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  • COMPANY NEWS
    • 1062 5  -  KOP takes its business to the next level with entertainment, TOPLINE reportsLEE LEE MEIXIAN leemx@sph.com.sg @LeeMeixianBT YOU could say that the Singapore Flyer sparked KOP Limited’s venture into entertainment. When the $240 million wheel was placed under receivership in May last year, it set
      PHOTO: YEN MENG JIIN  -  1,062 words
    • 860 7  -  LYN BOXALL takes a look at the different ways the US and the UK view the task of regulating for better corporate governance, and the UK Code-based approach adopted by Singapore LYN BOXALL The writer is a member of the Professional Development Committee of
      FILE PHOTO  -  860 words
    • 1827 8  -  Significant corporate shareholder trades, with purchases in SingPost and Manhattan Resources INSIDE MARKETS By ROBERT HALILI The writer is managing director, Asia Insider Ltd THE buying was flat for the third straight week while the selling among directors fell, based on filings on Singapore Exchange
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    • 897 8 Payment Ex Rec Pay Ann (cts) date date date date AIMS Property Sec Fund ag 0.017 26-Jun 30-Jun 19-Sep 23-Jun Ban Leong ak 1.000 31-Jul 04-Aug 14-Aug 27-May Boustead ak 3.000 31-Jul 04-Aug 19-Aug 27-May Boustead bh 2.000 31-Jul 04-Aug 19-Aug 27-May BRC Asia aw 0.500 10-Jul 14-Jul
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    • 550 8 COMPANY MEETING PLACE DATE TIME Ascendas Hosp Fd A The Fullerton Hotel S'pore 1 Fullerton Square Ballroom 2 14-Jul 2.30pm Grand Banks Yachts E York Hotel S’pore 21 Mount Elizabeth Rose Room I II Upper Lobby Level 15-Jul 10.00am MapleTree Log Tr A 10 Pasir Panjang Road Mapletree
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    • 266 8 Jul 11 BANKS Agricultural Bank Of China Agricultural Bank Of China ...5.50 Bangkok Bank Public Co. Ltd 6.00 Bank of China Limited 5.50 Bank of Communications 5.50 Bank of East Asia Bank of China Limited ...5.50 Bank of Communications Bank of Tokyo-Mitsubishi Banque Internationale a ...5.50 Chang
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  • Page 5 Advertisements
    • 134 5 60 2 Os i HUBLOT h i I Official Watch of the 2014 FIFA World Cup™. Big Bang Unico Bi-Retrograde Chrono. In-house Hublot UNICO movement, indicating football half-times. Unique red gold alloy case: King Gold. Carbon fiber bezel. Interchangeable strap with a singular patented attachment. Limited edition of 100 pieces.
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  • SINGAPORE MARKETS
    • 628 6  - No Wall St volatility trade with caution? STOCKS R SIVANITHY sivan@sph.com.sg @RSivanithyBT Senior Correspondent TO some, the absence of volatility on Wall Street is worrying because it’s been 60 trading days since the S&P 500 has moved at least one per cent in either direction, the longest such streak since
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    • 528 6  -  CURRENCIES KENNETH TAN The writer is a forex dealer at Phillip Futures RECENT investment climate remains challenging as developed nations recover and emerging markets struggle through political difficulties while battling high inflation, infrastructural reforms and appropriate policy administrations. In early July, US data showed
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    • 446 6 COMMODITIES AFP [LONDON} Gold prices zoomed last week to a four-month peak as investors sought shelter from weak eurozone data and fears of contagion from a bank’s problems in Portugal, dealers said. The oil market, however, sank for the third successive
      AFP  -  446 words
    • 1592 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 3 9.95 14.58 1.58 1.45 Amtek Engineering Ltd 3.00 3.00 2 0.05 9.91 0.56 0.61 ARA Asset Management Ltd 2.40
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    • 121 6 BY CENTS CLOSE UP Lyxor Indonesia10US$ 9342 650.2 5.9 DBXT USDIGInfl 5US$ ***** 373.5 1.1 Lyxor ThaiSET 10US$ ***** 291.6 1.8 GLD 10US$ ***** 171.2 1.1 DBXT AUDCS 5US$ ***** 130.3 0.5 JMH 400 USD 6050 124.1 1.7 DBXT MSINDO 10us$ 1491 111.7 6.4 Pan Ocean 100 400 110.0
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    • 139 6 BY CENTS CLOSE DOWN DBXT Nifty 10US$ ***** -491.4 -3.0 CMProp 100 HKD 802 -239.8 -65.1 DBXT MSEurope 10US$ 6223 -217.1 -2.7 DBXT E50 10US$ 5390 -215.9 -3.1 SPDRS S&P 500 10US$ ***** -194.8 -0.8 DBXT MSKorea 10US$ 6382 -182.4 -2.3 DBXT iBoxxKR 5US$ ***** -157.6 -0.8 Lyxor Europe
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    • 5 6 WEEKLY
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    • 4 6 WEEKLY
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    • 77 6 Jul 11 VALUE CLOSE BT OB/OS -32.00 +4.00 BT CADI -*****.00 -9.00 BT 10-day MA -*****.00 -4.00 FTSE ST Mid Cap 777.51 +2.77 FTSE ST Small Cap 562.93 -0.98 FTSE ST All Share 803.79 +4.91 FTSE ST China Top 199.29 +0.50 FTSE ST China 227.26 +1.28 FTSE
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    • 61 6 VOLUME SIIC Environment 1,272,177,000 Compact Metal 232,266,000 Artivision Tech 186,226,000 APAC Strategic 181,407,000 IHC 169,144,000 Mirach Energy 165,554,000 Oceanus 142,587,000 W Corp 139,894,000 Vallianz 139,509,000 Transcu Grp 137,532,000 VALUE($) UOB 350,424,912 DBS Grp 290,683,039 SingTel 215,703,542 SIIC Environment 200,996,833 OCBC Bank 147,414,407 HongkongLand USD 141,238,239 Ezion 135,474,145
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  • Page 6 Advertisements
    • 111 6 Trade NDFs with Phillip Futures Brought to you by Phillip Futures Pte Ltd (A member of PhillipCapital) I I I, An Asian Financial House with a Global Reach www.phillipfutures.com.sg 6538 0500 futures@phillip.com.sg Co. Reg. No: *****5695G 250 North Bridge Road #07-01 Raffles City Tower Singapore *****1 Email: futures@phillip.com.sg The above
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  • Page 7 Advertisements
    • 878 7 Star of East River Project, Dongguan (Artist's Impression) Millennium Waterfront, Chengdu (Artist’s Impression) I r i SUBSCRIBE NOW! i 17 July 2014 f Invitation in respect of 34,050,000 Invitation Shares comprising: (a) 3,800,000 Offer Shares at SSI ,50 for each Offer Share by way of public offer (the "Public Offer”):
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  • SINGAPORE NEWS
    • 851 9  -  It tightens approval for applications for hotel, boarding house, backpackers’ hostel uses By KALPANA RASHIWALA kalpana@sph.com.sg @KalpanaBT A NEW Urban Redevelopment Authority (URA) policy to tighten approval of new development applications for hotel, boarding house and backpackers’ hostel uses will likely dampen demand
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    • 156 9 SOME 360 youths from 13 tertiary institutions last Saturday took part in a five-hour eco-adventure around the city and civic district. Organised by City Developments Limited (CDL), the annual CDL E-Generation Challenge, now into its fifth year, is an “ecotainment” outreach initiative for youths,
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    • 340 9  -  By KALPANA RASHIWALA kalpana@sph.com.sg @KalpanaBT NATURAL rubber producer Halcyon Agri Corporation has sealed a deal with Lee Rubber group to acquire a Singapore-based company that owns and operates nine crumb rubber factories for $450 million. The factories are in South Sumatra, North
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    • Article, Illustration
      426 9  -  By MINDY TAN tanmindy@sph.com.sg @MindyTanBT Unilever award to take up challenge of sustainable living YOUNG innovators aged 30 or below are invited to submit ideas whether for a product, service, or application to tackle the challenge of sustainable living. The Unilever Sustainable Living Young Entrepreneurs Awards is run
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  • Page 9 Advertisements
    • 175 9 Destination: Global Markets First Stop: IP Week SG Building a Competitive Edge with Intellectual Property W 25 to 27 August 2014 Marina Bay Sands Expo and Convention Centre Chart your success in today’s global markets and join C-suite executives, business leaders, IP thought leaders and community at the premier global
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  • Page 10 / 11 Advertisements
    • 2317 10 / 11 ADVERTORIAL Just because consumers are more demanding does not mean businesses will have a tougher time catering to their needs. Ultimately, a fundamental principle that should underpin customer service is to respect every piece of feedback.FILE PHOTO The future of service Plugged into tech, a more demanding consumer will transform
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    • 2044 10 / 11 ADVERTORIAL How can retailers survive? A conversation with Fred Phillips, who is teaching a masterclass on managing service productivity Q: Dr Phillips, you say US retailing is in doldrums FP: Yes. Sales, and sales per square foot of retail floor, have nosedived. Big US retailers’ profits are dropping. Retail square
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  • VIEWS FROM THE TOP
    • 2529 12 THIS WEEK’S TOPIC: If you were an international manufacturer, where would you site your next factory? What would be the main factors behind your decision? Karen Reddington Regional Vice-President, South Pacific FedEx Express The potential that we’re seeing in emerging markets such as the MINT (Mexico,
      PHOTOS: AFP, BLOOMBERG  -  2,529 words

  • Page 13 Advertisements
    • 223 13 4 C sm The Class Coupe ,\T SK riW JR? i m I The SLK Class C -i r Rediscover your style with the best. For a limited time, enjoy 10% Financial Booster on selected models. The road ahead has never looked so promising. Drive away in the E-Class Saloon,
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    • 12 13 A complete list of views from CEOs is also available at http://businesstimes.com.sg
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  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • 338 14 Gillian Kwek, portfolio manager of FF Asean Fund, Fidelity: “THE quick count results showing that Jokowi has a 5 per cent margin win over the other candidate should provide a boost to the market and help revive confidence in the near term. While both presidential
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    • 1831 14  -  Mineral stocks have unique risks and investors need to understand how information is reported, says GEOFF HOWIE GEOFF HOWIE The writer is SGX’s market strategist SINGAPORE Exchange (SGX) lists 12 stocks involved in the exploration and production of minerals. In the first half of
      PHOTO: BLOOMBERG  -  1,831 words
  • Page 14 Advertisements
    • 114 14 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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  • MALAYSIA/INDONESIA
    • 686 15 This is based on a price-book multiple of 1.75 times for RHBCap and MBSB [KUALA LUMPUR] CIMB Group Holdings Bhd may have to pay more than RM36 billion (S$14 billion) for its potential mega-merg-er with RHB Capital Bhd (RHBCap) and Malaysia Building
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    • 419 15 [KUALA LUMPUR] In a monumental move, government-linked investment companies (GLICs) Lembaga Tabung Haji (LTH), Koperasi Permodalan Felda Malaysia Bhd and Pelaburan Mara Bhd have taken stakes in special purpose acquisition company (Spac) Reach Energy Bhd, which is slated to be listed sometime
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    • 1365 15 VOL Jul 11 RM +/-(‘000) Abric Bhd (*000) Advance Synerg 0.21 unch 4232 Adventa Bhd -0.01 Ae Multi Hldgs 0.22 0.01 452 Affin Holdings 3.40 0.07 3500 Ahmad Zaki Res 0.70 unch 1138 Airasia Bhd Alliance Finan 5.16 0.10 4871 Aluminium Co unch Amalgamated In 0.32 0.01 95
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    • 461 15 Indonesia may have to wait till Aug to see who’s new president AFP [JAKARTA] Indonesia could face a long period of uncertainty after last week’s disputed presidential election, analysts warn –raising fears for Southeast Asia’s top economy as growth sits at four-year lows, foreign investment slows
      AFP; PHOTO: REUTERS  -  461 words
  • Page 15 Advertisements
    • 282 15 ASIA www.OfficExpoAsia.com Find Next-Gen Business Solutions to achieve your k business goals more A effectively! See the latest trends in Workspace Design k Ergonomics! A See Advanced Printing Technologies and products! 16 18 July 2014 10:30am 6.30pm (Wed Thurs) 10:30am 5.30pm (Fri) Marina Bay Sands Expo Convention Centre, Singapore Level
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  • CHINA/INDIA
    • 557 16 China users were concerned location tracking can identify individuals’ activities Bloomberg [MICHIGAN] Apple Inc assured Chinese customers that location tracking on its iPhone can’t be used to identify activity of individuals, a day after China’s state-owned television broadcaster said that the software poses
      Bloomberg  -  557 words
    • 192 16 Bloom berg [CALGARY] PetroChina Co is committed to completing its C$1.32 billion (S$1.53 billion) purchase of the stake it doesn’t own in the Dover oil-sands project in Canada soon, according to the Beijing-based company’s parent. PetroChina, China’s biggest oil and natural gas producer,
      Bloomberg  -  192 words
    • 849 16 Fresh govt presents cautious Budget with no big changes AFP [NEW DELHI] The maiden Budget from India’s new right-wing government has promised a return to high growth but disappointed some who had hoped Premier Narendra Modi might use his thumping
      AFP; PHOTO: AFP  -  849 words
    • 319 16 AFP [BEIJING] Chinese President XI Jinping yesterday departed for a visit to four South American countries, including Brazil, to build ties in a resource-rich region traditionally considered the backyard of the United States. Mr Xi left Beijing with a delegation which
      AFP  -  319 words
  • Page 16 Advertisements
    • 77 16 We Are Buying ROLEX I PATEK PHILIPPE AND OTHER HIGH END WATCHES J o 4 Business Segwav Logistics S3 n; i 7 a WORK SMARTER! Save Time and Money SECURITY Segway® SE 3 Patroller LIFESTYLE Segway® 12 SE 99 >i i i .i J\ lS S3 i lm "W Contact
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    • 14 16 Savingsinterestrates atbanks may rise ascapitalpool shrinks To subscribe, call 6388-3838 or go to sphsubscription.com.sg
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  • WORLD
    • 838 17 Despite European moves to rein in trading by black pools it won’t be easy to lure investors away from high-speed trading Reuters [LONDON] The regulatory noose is tightening around dark pools, private share trading venues that promise anonymity for specialist investors, offering
      Reuters  -  838 words
    • 576 17 They fear in a crisis new tools may pose unintended risks Reuters [JACKSON HOLE, Wyoming] US Federal Reserve officials are cautiously nearing completion of a new plan for managing interest rates, concerned that some of the new tools they are likely to rely
      Reuters; PHOTOS: BLOOMBERG  -  576 words
    • 675 18 Cynk’s value soared within weeks from less than US$20m to over US$6b Reuters [NEW YORK] US regulators have suspended trading in Cynk Technology Corp, citing possible market manipulation in the one-time penny stock whose market value rocketed within weeks from
      Reuters  -  675 words
    • 606 18 Buyers keen on a home with minimal financial burden Bloomberg [WASHINGTON] Doug Immel recently completed his custom-built dream home, sparing no expense on details such as cherry-wood floors, cathedral ceilings and stained-glass windows in just 164 square feet of living space plus
      Bloomberg; PHOTO: BLOOMBERG  -  606 words
    • 385 18 Reuters [LONDON] Britain plans to force foreign buyers of major British companies to make binding commitments on issues that are in the national interest such as investment in research, Business Secretary Vince Cable said yesterday. This issue was raised earlier
      Reuters  -  385 words
    • 803 20  -  Portugal PM insists BES poses no threat to markets; lender says it has buffer By NEIL BEHRMANN in London LAST week’s scare about the financial health of Banco Espirito Santo (BES) was a yellow flash signal that the eurozone crisis could return
      PHOTO: AFP  -  803 words
    • 413 20 Reuters [HONG KONG] A former Macau business partner of Las Vegas Sands Corp accused the casino operator of misappropriating trade secrets and is suing Sands for at least US$5 billion in profits that it says are owed via their joint ownership of copyright
      Reuters  -  413 words
    • 866 22 Govt trying to resolve issue before it blows up and causes banking crisis AFP [ATHENS] Dimitris Pikrodimitris took out a mortgage four years ago when he was drawing an annual income of 27,000 euros (S$45,580). But the economy quickly sank into a debt
      AFP  -  866 words
    • 421 24 Trade liberalisation will also be a focus of this year’s G-20 summit Bloomberg [MELBOURNE] Australia’s agreements with Japan over security and commerce aren’t hampering efforts to strike a free-trade deal this year with China, its biggest economic partner, according
      Bloomberg  -  421 words
    • 675 26 Some bristle at BNP Paribas fine and Fatca but are helpless in face of worldwide use of greenback AFP [WASHINGTON] Although its diplomatic clout is compromised on several fronts, the United States still dictates its economic law around the globe and has
      AFP  -  675 words
  • Page 17 Advertisements
    • 46 17 infears volno the company up momennow account per who inbanks finantighten, money deprivcredit cribroad we what finana that that a apparentcentral Fed’s committee parworries facilbe risk. tool, the expected exit “supminutes meetrestrictions use the a could as federthe each loans, cenis the past rethat they fund-
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  • Page 18 Advertisements
    • 262 18 DON’T MISS OUR FIRST-EVER SIMPLYHER-SINGHEALTH WOMEN’SHEALTH CONFERENCE’14 August 30, 2014 (Saturday) 9am-6pm Suntec Singapore Convention Exhibition Centre, Rooms 300-302 Findout thecommon conditionsthat affectwomen today,and learnhowto takepreventive measures soyoucan leadalonger,healthierlife. TOPICS SPEAKERS Morning Session 9am-1pm 1Look Your Best in Your 30s-40s: Keep the Weight Off! Dr Tham Kwang Wei Senior Consultant,
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    • 8 18 IN THE MORNING -WEEKDAYS 6AM-10AM-D facebook.com/kiss92fm JW-@kiss92fm www.kiss92.sg
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    • 52 18 Tech Asia2014 International Building Technology Expo A part of SINGAPORE CONSTRUCTION PRODUCTIVITY WEEK 2014 iliMak 1 NIC Mm 14-16 October 2014 Singapore EXPO Halls 3 4 www.buildtechasia.com ■'r*i m To Exhibit: Tel:+65 6319 4021 Email: buildtechasia@sph.com.sg To Visit: Pre-register at www.buildtechasia.com n ~i’ -i'm-iifr ww«' i r- ■~tatiT" Organised by:
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  • Page 19 Advertisements
    • 1897 19 The Business Times NOTICES J> iijami CCM GROUP LIMITED (Company registration no. *****6763W) (Incorporated in Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an extraordinary general meeting (the “EGM”) of CCM Group Limited (the “Company”) will be held at Pan Pacific Singapore, Ocean 3, Level 2, 7
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    • 3167 19 TriTech TRITECH GROUP LIMITED (Incorporated In the Republic of Singapore) (Company Registration No. *****9330R) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 6 th Annual General Meeting of the Company will be held at 31 Changi South Avenue 2, Singapore *****8 on Tuesday, 29 July 2014 at
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  • Page 20 Advertisements
    • 3006 20 The Business Times Ik T I 1 I /“I 1 Toll free 1800-289-8822 I Email noticesasph.com. sg J V i I www.sphclass.com.sg/notices EASTERN HOLDINGS LTD (Incorporated in the Republic of Singapore) (Company Registration No. *****5390C) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of
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  • Page 21 Advertisements
    • 746 21 THE BUSINESS TIMES Ik 1 f 1 ✓"'I Toll free 1800-289-8822 I fl I Email notices@sph.com.sg 1 j www.sphclass.com.sg/notices ELEKTROMOTIVE GROUP LIMITED (IncorporatedinSingapore) (CompanyRegistrationNumber*****7135Z) NOTICE OF EXTRAORDINARY GENERAL MEETING ThisNoticehasbeenpreparedbytheCompanyanditscontentshave beenreviewedbytheCompany’sSponsor,RHTCapitalPte.Ltd.,for compliance with the relevant rules of the SGX-ST. RHT Capital Pte. Ltd. has not independently verified the contents of
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    • 1761 21 m PAN HONG PROPERTY GROUP LIMITED (Incorporated in Bermuda with limited liability) (Co. Reg. No: *****) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Pan Hong Property Group Limited (the “Company”) will be held at M Hotel Singapore, Anson II Room, Level 2,
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  • Page 22 Advertisements
    • 2837 22 The Business Times Ik 1 ✓"’1 I 1 Toll free 1800-289-8822 I Email noticesasph.com. sg J V I www.sphclass.com.sg/notices tlaerair w TIGER AIRWAYS HOLDINGS LIMITED (Incorporated in the Republic of Singapore on 1 February 2007) (Company Registration No. *****1866W) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the
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    • 1171 22 SUNLIGHT GROUP HLDG LTD (Incorporated in the Republic of Singapore under the Companies Act, Cap. 50) Company Registration No. *****6046G NOTICE OF FIFTEENTH ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Fifteenth Annual General Meeting of the Company will be held at 1 Third Chin Bee Road, Singapore *****9
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  • Page 23 Advertisements
    • 92 23 JULY ISSUE OUT NOW! AUGUST 30, 2014 (SATURDAY) JOIN SINGAPORE’S FAVOURITE AUTOMOTIVE TELEMATCH AND STAND TO WIN FABULOUS PRIZES! Limited to the first 50 teams, so sign up now at WWW.TORQUE.COM.SG/EVENTS 4Want access to BBQ pits? If you're looking for your dream condo complete with facilities, turn to the Print
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    • 4618 23 CHASEN HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Company Registration Number: *****6814G) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Annual General Meeting of CHASEN HOLDINGS LIMITED (“the Company”) will be held at Raffles Lounge (Level 2), Raffles Country Club, 450 Jalan Ahmad Ibrahim, Singapore *****2,
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  • Page 24 Advertisements
    • 606 24 The Business Times Ik I 1 I I Toll free 1800-289-8822 I I Email notices;? sph.com. sg 1 i i L J www.sphclass.com.sg/notices ELEKTROMOTIVE GROUP LIMITED (RegistrationNo.*****7135Z) NOTICE OF ANNUAL GENERAL MEETING ThisNoticehasbeenpreparedbytheCompanyanditscontentshavebeen reviewed by the Company’s Sponsor, RHT Capital Pte. Ltd., for compliance with the relevant rules of the
      606 words
    • 1738 24 HIAP SENG ENGINEERING LTD Company Registration No. *****0300Z (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Hiap Seng Engineering Ltd (the “Company”) will be held at Conference Room, 28 Tuas Crescent, Singapore *****9 on Tuesday, 29 July
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  • Page 25 Advertisements
    • 2802 25 EUROSPORTS GLOBAL LIMITED (Company Registration No. *****0284Z) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at The Fullerton Hotel Singapore, EDB Room, Lower Lobby, 1 Fullerton Square, Singapore *****8 on Thursday, 31
      2,802 words
    • 2193 25 STAMFORD LAND CORPORATION LTD Company Registration No. *****1615H (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING AND BOOKS CLOSURE NOTICE IS HEREBY GIVEN that the 36th Annual General Meeting of Stamford Land Corporation Ltd (the “Company”) will be held at Amara Singapore, Ballroom 2, Level 3, 165
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  • Page 26 Advertisements
    • 1925 26 The Business Times Ik T^V 1 I 1 I /"I I 1 Toll free 1800-289-8822 I I I Email notices@sph.com.sg J J i L J www.sphclass.com.sg/notices FISCHER TECH LTD Company Registration Number: *****4532R (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING AND NOTICE OF BOOKS CLOSURE DATE
      1,925 words

  • Page 27 Advertisements
    • 97 27 th n Editio 11 14 September 2014 Singapore EXPO Hall 5 11am 10pm Daily Participate in Singapore’s BIGGEST Showcase Of Food Products Sell local international food products to over 250,000 visitors during the September school holiday period! Book Your Space NOW! *Limited Booths Available! For more information, call *****620 or
      97 words
    • 2775 27 SOR Singapore Windsor Holdings Limited Company Registration Number *****5764Z (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS NEREBY GIVEN that the Annual General Meeting of SINGAPORE WINDSOR HOLDINGS LIMITED (the “Company”) will be held at the Tanglin 1 Room, Level One, RELC International Hotel, 30
      2,775 words

  • AVIATION/SHIPPING
    • 741 28 High-risk salvage operation of Costa Concordia expected to take 6-7 days AFP [ROME] The refloating of Italy’s ill-fated Costa Concordia cruise ship is set to begin today, with a high-risk salvage operation to raise the rusting hulk ahead of its
      AFP; PHOTO: AFP  -  741 words
    • 579 28 It sees capacity at new Doha terminal doubling by 2017 Bloomberg [DUBAI] Qatar Airways Ltd plans to expand its cargo arm to become one of the top five global operators by 2018 as it purchases freighter planes and adds space in the holds
      Bloomberg  -  579 words
    • 571 28 Airbus likely to launch an upgrade of its A330 jet AFP [FARNBOROUGH, United Kingdom] Aircraft makers gathering for the Farnborough airshow this week look to build on already robust passenger plane sales, and Airbus may use the event to launch an upgrade
      AFP  -  571 words
    • 495 28 Reuters [FAIRFORD, England] The US Navy maintained a grounding order for F-35 B-model and C-model fighter jets built by Lockheed Martin Corp, saying that it was still not clear what caused a massive engine failure on an Air Force F-35 jet last month.
      Reuters  -  495 words
    • 204 28 Reuters [BRASILIA] Brazil will announce the sale of about 25 planes made by Embraer to Chinese airlines on Thursday during a visit by China’s President Xi Jinping, a Brazilian official said. President Dilma Rousseff’s international affairs adviser, Marco Aurelio Garcia, said
      Reuters  -  204 words
    • 250 28 SGX '000 Jul 11 S$ +/-Vol Ch Offshore 0.46 0.01 192 Chuan Hup Hldg 0.29 unch 451 Cosco Corp 0.72 0.01 549 Cwt Limited...............1.73 -0.01 75 Ezra Hldgs 1.20 0.02 2742 First Ship Lea 0.09 -0.01 24 Grand Banks 0.27 -0.01 95 Jaya Hold Ltd 0.01 K1Ventures Chuan
      250 words
  • Page 28 Miscellaneous
    • 333 28 CRYPTIC CROSSWORD Across 1 Change sides? (5,3,5) 10 Cast a spell can then set spinning (7) 11 Threats can seem ridiculous (7) 12 Oh dear! Nothing works (4) 13 Fruit drink very quietly being swallowed (5) 14 Country that puts physical education before sport (4) 17 Sailing boat seen in
      333 words

  • DINING OUT
    • 1115 29  -  Chef Alessandro Frau of top-rated Acqua restaurant in Phuket replicates his signture cuisine in Duxton Hill, writes JAIME EE writesJAIME writesJAIME EE jaime@sph.com.sg @JaimeEeBT NEW RESTAURANT Alba 1836 Winebar Restaurant 28 Duxton Hill Tel: 6222-2048 Open for lunch and dinner Mon to Sat:
      PHOTOS: ALBA 1836, JAIME EE  -  1,115 words
  • Page 29 Advertisements
    • 169 29 ■m m M m STYLE PURSUITS TRAVEL FOOD DES1CR LIFE magazine ASIA EXCLUSIVE Style Shift Can Nicolas Ghesquiere takeLV to the next level? good things in life from The Straits Times GET THE FIRST ISSUE OF THE LIFE FREE IN THE STRAITS TIMES STAR APR www.straitstimes.com/ST-Star-app m. <' Download on
      169 words

  • SINGAPORE STOCKS
    • 4358 30 Week ended: Jul 11 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 AAT 13.3 10.4 8Telecom Last Quote Div GrYld Net M Cap High 159.4 130.4 AIMSAMP Cap Reit 145 +0.5 2674
      4,358 words
    • 589 31 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 $mil 32 23 t 3Cnergy 500 Last Vol Week 1.9 0.9 t Advanced Systems 1 -0.1 92 1 1 1 1.1 19.5 Net M Cap
      589 words
    • 122 31 Stock name Close Change Ascendas Reit 2.320 CapitaLand 3.230 +0.020 CapitaMall Trust 1.950 +0.005 CityDev 10.170 -0.030 ComfortDelGro 2.500 DBS Grp 17.170 +0.200 Genting Sing 1.325 +0.005 Global Logistic 2.680 Golden Agri-Res 0.550 +0.005 HPH Trust USD 0.740 +0.005 Stock name Close Change HongkongLand USD 6.850
      122 words
    • 1936 31 Transaction date: Jul 11 HONG KONG Vol HK$ +/-'000 Aeon Credit Vol Aeon Stores Angang Steel Anhui Conch Aeon Stores Anhuiexpresswa 4.76 0.02 858 Asia Satellite 6 Asm Pacific 5.38 Avic Ihl ***** Anhui Conch Baiyunshan Ph 24.10 -0.20 323 Bank Of China 3.47 0.01 *****3 Bank Of
      1,936 words
    • 263 31 52-Wk Last Vol Week Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 62 41.5 AVJennings A57 +2.5 23 57.5 56 57 58 3.6 6.1 4.6 211 4 0.7 OGL Resources A$ A1.2 -2.1 58 1.9 1.2 1.2 1.7 0.2
      263 words
    • 186 31 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 10 3 2 0 0 0 10 3 2 Manufacturing 63 83 29 9 22 7 72 105 36 Commerce 22 25 29 3 15 1 25 40 30 Tpt/Stor/Comms 20 16 10
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    • 1169 31 52-Wk Last Vol Week Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 116 108.3 ABF SG Bond ETF 115.2 +0.1 54 115.2 114.9 115.2 115.3 525.9 135.5 119 CIMB APAC Div 100S$D 132 -0.2 10 132.7 131 131
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    • 123 31 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 120,892 120,892 220,395 220,395 Manufacturing 1,696,903 636,937 2,333,840 526,032 51,179 577,211 Commerce 450,647 460,779 911,426 394,543 55,745 450,288 Tpt/Stor/Comms 510,322 8,883 519,205 576,631 1,023 577,654 Finance 114,584 4,301 118,885 834,592 1,263 835,855 Construction 176,217 150,453
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  • Page 31 Advertisements
    • 25 31 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
      25 words

  • FINANCE & COMMODITIES
    • 640 32 Jul 11 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.59 *****.01 *****.49 Sep14 *****.00 *****.00 *****.00 *****.00 ***** *****3 Dec14 *****.00 *****.00 *****.00 *****.00 2 ***** MSCI TAIWAN INDEX FUTURES SPOT 347.35 349.27 345.28 Jul14 344.30 345.90 341.50 343.70 ***** *****8 Aug14 341.60
      640 words
    • 373 32 In local curr In S$ In US$ dy yr dy yr dy yr Jul 11 Index Change Change Change Change Change Change World Preliminary 1230.2 0.0 3.9 -0.2 2.6 -0.1 4.4 EAFE Preliminary 959.1 0.1 0.3 -0.1 -0.2 0.1 1.5 Europe Preliminary 1372.1 0.2 1.3
      373 words
    • 471 32 Jul 11 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.999 5.832 0.690 7.282 56.462 108.828 0.952 9.574 2.995 1.065 92.687 40.922 1.166 10.059 0.838 28.158 30.230 0.548 0.940 Canada 1.001 5.836
      471 words
    • 39 32 Jul 11 (S$) 1 mth 0.***** 2 mths 3 mths 0.***** 6 mths 0.***** 9 mths 12 mths 0.***** SWAP Offer rates (S$) 1 mth 1 mth 3 mths 3 mths 6 mths 6 mths Source: Thomson Reuters
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    • 78 32 Jul 11 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 1-Year BY*****S 02-May-15 0.34 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0W 1.125 01-Apr-16 101.25 101.34 101.32 5-Year NX*****W 2.5 01-Jun-19 106.59 10-Year NX*****H 2.750 01-Jul-23 103.68 15-Year
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    • 122 32 Jul 11 GOLD(US$/oz) Jul 11 Jul 10 Hong Kong 1339.00 1332.00 Jul 11 Jul 10 London 1335.25 1337.90 1335.55 1338.10 Source: Thomson Reuters CAST BAR Jul 11 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 80 51 5gm 318 264 10gm 594 530
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    • 57 32 Jul 11 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Jul 14 2450.0 2410.0 2458.0 2450.0 50 546 Aug 14 2420.0 2377.0 2422.0 2375.0 623 ***** Sep 14 2391.0 2346.0 2395.0 2345.0 ***** ***** Oct 14 2373.0 2331.0
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    • 155 32 Jul 11 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1655 1.1670 0.9393 0.9398 Canadian dollar 1.1664 1.1679 0.9405 0.9400 Euro 1.6886 1.6902 1.3609 1.3611 NZ dollar 1.0946 1.0963 0.8822 0.8828 Sterling pound 2.1261 2.1282 1.7135 1.7138
      155 words
    • 109 32 Jul 11 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jul 14 1295.75 1329.75 1340.25 1249.25 Aug 14 1195.75 1232.75 1238.25 1159.25 Sep 14 1099.25 1121.75 1125.00 1078.25 Nov 14 1075.00 1093.00 1096.75 1065.00 SOYBEAN OIL (60,000 lbs; US cent/lb) Close Previous High/Low Jul 14
      109 words
    • 95 32 Jul 11 COCOA (£/tonne) Close Prev High Low Jul 14 1959 1949 1958 1942 Sep 14 1925 1915 1928 1907 Dec 14 1904 1895 1906 1885 Mar 15 1894 1884 1895 1874 COFFEE(US$/tonne) Close Prev High Low Jul 14 2000 2012 2023 2001 Sep 14 1997 2009 2017 1986
      95 words
    • 1017 32 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 Conv Asia-Pacific Strategic W*****6 Exer Price Prem Asiatic Grp(Hldgs) Ltd W*****5 2.2 -0.2 3782 0.0 2 14 Asiatravel.com HoldingsW*****7 4.4 -1.3 1212 1 25 0 Asiatravel.com HoldingsW*****5 6.4
      1,017 words
    • 70 32 CRUDE OIL PRODUCTS Jul 10 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 108.24 -0.40 WTI (Near Mth) 102.99 0.78 Dubai (1-Mth F) 105.36 -0.22 Tapis blend 110.17 -0.50 Minas 105.77 -0.50 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 105.07 -0.60 Jet Kerosene 117.73 -0.26 US$/barrel OpecOil Basket
      70 words
    • 22 32 Jul 11 S$ Bid Offer 1-month 1.2408 1.2418 2-months 1.2408 1.2418 3-months 1.2407 1.2418 6-months 1.2406 1.2416 Source: OCBC
      22 words
    • 66 32 Jul-11 Jul-11 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1920.00 1898.75 3 months 1941.00 1925.00 Copper, Grade A(US$/tonne) Cash 7173.50 7179.50 3 months 7156.00 7162.00 Lead(US$/tonne) Cash 2185.50 2171.00 3 months 2206.00 2190.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.50 *****.00 3 months
      66 words
    • 121 32 As at 9am Jul 11 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.192 1.136 Can dollar 1.188 1.143 Euro 1.729 1.647 Sterling pound 2.167 2.084 NZ dollar 1.121 1.078 US dollar 1.267 1.207 Local dollars to 100 units of foreign
      121 words
    • 157 32 Jul 11 $S Offer Bid 0vernight 0.05 0.03 1-month 5/16 3/16 2-months 3/8 1/4 3-months 7/16 5/16 Overnight mode: 0.04 US$ Offer Bid 7 days 0.18 0.08 1 month 0.25 0.15 2 months 0.30 0.20 3 months 0.40 0.20 6 months 0.50 0.30 9 months 0.60 0.40 12
      157 words

  • 2217 33 Papua New Guinea Australia New Zealand New Caledonia Fiji all other Pacific Islands Dili (East Timor) Guam (Mariana Islands) Honolulu (Hawaii) SOUTH PACIFIC SERVICE W W W. N G P L J S P. C O M THE CHINA NAVIGATION CO. PTE. LTD. 300 BEACH ROAD #02-02 THE
    2,217 words
  • Page 33 Advertisements
    • 54 33 USE THIS SPACE TO SELL CALL JOE WONG AT 9620 1327 TO ADVERTISE The Business Times Shipping Times PLACE YOUR AD HERE THE BUSINESS TIMES SHIPPING TIMES CALL JOE WONG AT 9620 1327 FREIGHT FORWARDER urgently needed by shippers Can they find your services here in the Shipping Times? The
      54 words

  • Page 34 Advertisements
    • 174 34 mporters ooking for Warehouse Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE WONG AT 9620 1327 II USE THIS SPACE TO SELL CALL JOE WONG AT 9620 1327 TO ADVERTISE The Business Times Shipping Times FREIGHT FORWARDER urgently needed by shippers TO ADVERTISE, CALL
      174 words

  • Page 35 Advertisements
    • 2367 35 KING WAN CORPORATION LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****1034R) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Fifteen Annual General Meeting of KING WAN CORPORATION LIMITED (the “Company”) will be held at the Board Room, 8 Sungei Kadut Loop, Singapore *****5 on
      2,367 words

  • BizIT THE BUSINESS OF INFOCOMM TECHNOLOGY
    • 1252 36  -  IT giant, which has been trying to revamp its strategy and streamline operations, is confident it’s turned the corner in devices sales, reportsAMIT ROY CHOUDHURY reportsAMIT reportsAMIT ROY CHOUDHURY amit@sph.com.sg @AmitRoyCBT [SINGAPORE] THE world’s biggest IT company by revenue and No 2 personal
      1,252 words
    • 916 36  -  They can then better protect themselves against cybercrime By VICTORIA HO [SINGAPORE] Firms should use a variety of security products from different vendors, so as to best protect themselves against cybercrime and espionage, said a senior security industry executive. Brian Witten, senior
      916 words
    • 456 36 Reuters [LOS ANGELES] YouTube has embarked on a new round of discussions with Hollywood and independent producers to fund premium content, two sources with knowledge of the talks told Reuters, a move that could bolster a three-year-old multimillion-dollar effort that has had
      Reuters  -  456 words
    • 337 36 Reuters [SAN FRANCISCO] An antitrust lawsuit targeting Google’s Android operating system should be dismissed, Google said in a court filing on Friday, partly because smartphone manufacturers are free to utilise Android on their phones without also installing Google apps. Two smartphone customers
      Reuters  -  337 words
    • 645 35  -  The local IT training content and certification provider has appointed partners in the Philippines, Vietnam and India, reportsAMIT ROY CHOUDHURY reportsAMIT reportsAMIT ROY CHOUDHURY amit@sph.com.sg @AmitRoyCBT [SINGAPORE] LOCAL IT training content and certification provider Global Science and Technology Forum (GSTF) is looking to expand
      645 words
    • 406 35 [SINGAPORE] Japanese IT company and PC maker Toshiba has announced the availability of its first mobile workstation, the Tecra W50. The device is part of a new line-up of business laptops from the company. Built for performance, the machine features a 15.6-inch diagonal full HD
      406 words
    • 430 35 It will be among the largest research initiatives at firm NYT [NEW YORK] IBM plans to spend US$3 billion in the next five years on research and development for computer chips, both to stretch the limits of conventional semiconductors and to hasten
      NYT  -  430 words