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The Business Times Online Edition - Singapore



Thai central bank mulls rate rise to 'normal' levels (BANGKOK) Thailand's central bank said yesterday that it was considering following Malaysia in raising rates from record lows to return policy to normal settings but the domestic political crisis made the timing highly uncertain.


Japan pension fund to retain its model despite low returns (TOKYO) Japan's public pension fund, the world's largest, will not change its asset allocation model for the next five years after the health ministry urged the fund to keep investing in safe assets, the Nikkei business daily reported.


Cathay surges on return to profit (HONG KONG) Cathay Pacific Airways Ltd, Hong Kong's biggest carrier, rose the most in about a month after posting a better-than-expected profit on capacity cuts and the sale of a stake in a maintenance venture.


QuEST setting up global HQ in Singapore (SINGAPORE) India-based engineering and testing solutions specialist QuEST Global Engineering yesterday announced plans to establish its international headquarters in Singapore with effect from April 1.


Testing of Boeing's new 787 continues apace (MINNEAPOLIS) Boeing Co is putting its new 787 through an aggressive flight-testing schedule, with the fourth plane set to begin test flights on Sunday.


Slow growth in US air travellers (WASHINGTON) US airline passenger numbers will reach one billion in 2023, two years later than previously projected, because of slow economic growth, the Federal Aviation Administration (FAA) says.


Singapore server market looking up THE downturn may have dragged Singapore's server market down in 2009, but vendors signed off the year on a high note which points to a recovery this year, according to technology research firm Gartner.


Cyber attacks affect 66% of S'pore enterprises: study (SINGAPORE) A global study on cyber attacks shows that 66 per cent of Singapore enterprises have experienced attacks in the past 12 months and this resulted in losses in the region of US$495,000 for these companies.


NTU, National Instruments in R&D lab tie-up (SINGAPORE) Technologies to make wireless as fast as wired communications are being hatched in a research venture by National Instruments (NI) and Nanyang Technological University (NTU).


Google opens online apps store (SAN FRANCISCO) Google Inc, owner of the most popular Internet search engine, opened an online store that helps developers of business software sell their own programs.