Showing posts with label Technology. Show all posts
Showing posts with label Technology. Show all posts

Bilateral ties between S'pore, Germany are very strong & substantive: K Shanmugam






SINGAPORE: Germany and Singapore enjoy very strong and substantive bilateral ties, Foreign Affairs Minister, K Shanmugam said.

Speaking to the media after a meeting with his German counterpart Minister Dr Guido Westerwelle in Singapore, Mr Shanmugam said Singapore looks forward to a stronger role, a greater role that Germany can play in this region.

With Asia being an economically vibrant area, the minister believes it's a win-win situation for both Europe and Southeast Asia.

The German Minister said his country sees Singapore as both a financial hub and a hub of creativity.

Dr Guido Westerwelle said: "I think it is remarkable that more and more German scientists are coming to Singapore and are part of this success story in Singapore, want to be part of the success story in Singapore. The deep relations between our countries, the bilateral relations are really a very good sign, and a very good signal that it is necessary to bring our regions together and this is what we want to continue."

Mr Shanmugam said: "Last year in December, we concluded the negotiations for an EU-Singapore Free Trade Agreement. Germany has been a strong supporter of it, believer of free trade. Doing a free-trade agreement with Singapore, is generally not so costly because we are an open economy, but what it is significant for is that if you can do a deal with Singapore, then it benefits EU as a whole because that is a building block for a free-trade agreement with ASEAN, and that, we believe will add to Europe's own growth significantly."

- CNA/ck



Read More..

Riot police fire water cannon at India rape protestors






THIRUVANANTHAPURAM, India: Riot police fired water cannon on Friday at hundreds of protestors in the Indian state of Kerala demanding the resignation of a lawmaker over allegations he raped a schoolgirl 17 years ago.

P.J Kurien, 72, the deputy speaker of the state's upper house, was acquitted of rape in a trial in 2005 but he has come under new pressure after his accuser demanded a fresh probe in the wake of the storm over a deadly gangrape in Delhi in December.

The resurrection of the allegations have embarrassed the ruling Congress party, which promised to get tough on sex attackers in the wake of the Delhi gangrape.

Demonstrators have been camped outside the state assembly for the last five days to demand Kurien's resignation, and managed to stall proceedings by preventing local lawmakers from entering the building.

"It's a disgrace for India and the women of this country that Kurien can chair a debate on laws to protect women," VS Achuthanandan, Kerala's veteran Communist party leader, told AFP.

The alleged victim's mother has written to Congress leader Sonia Gandhi to urge her to sack Kurien, who has been a lawmaker in Kerala for the last 19 years.

Kurien says the accusations are part of a politically-driven media smear campaign.

"I've been exonerated by the Supreme Court and acquitted after three police investigations," Kurien said.

Meanwhile in the capital New Delhi, a judge on Friday summoned a federal lawmaker over allegations that he ordered the abduction of a minor who was later raped.

Mahabal Mishra, who is a Congress representative, has ignored a previous summons. His office said that Mishra was in Allahabad where the Maha Kumbh Mela -- a massive religious festival on the banks of the Ganges -- is taking place.

- AFP/al



Read More..

Japan's Suzuki sees April-December net profit rise 19%






TOKYO: Japan's Suzuki Motor said Thursday its net profit in the nine months to December jumped 19.2 per cent to US$517.8 million, thanks to strong Asian and domestic sales that offset a slump in Europe.

The small-car maker earned 48.42 billion yen (US$517.8 million), while operating profit rose 5.9 per cent to 92.87 billion yen on sales of 1.82 trillion yen, up 1.4 per cent from a year earlier.

The firm also said it expected to earn a net profit of 70 billion yen in the year to March on estimated revenue of 2.6 trillion yen.

On Wednesday, Suzuki said it will resume production at its small unit in Myanmar, the latest in a push by Japanese firms to tap the once-isolated state as it embarks on a programme of social and economic reforms.

The firm withdrew from its money-losing US business late last year and has said it plans to renew its focus on fast-growing markets in Asia, including India, where it has seen huge success with its Maruti Suzuki unit.

Japan's automakers have been posting strong results in the latest earnings season, underscoring a recovery from the quake-tsunami disaster in 2011 and the surging value of the yen, which has sharply declined recent months.

- AFP/jc



Read More..

Cities can be great, given good planning & infrastructure: Khaw






SINGAPORE: National Development Minister Khaw Boon Wan says a major shift in planning and development strategy to invest ahead of demand will ensure Singapore remains a liveable city for future generations.

He was speaking in Parliament on Wednesday as debate continues on the Population White Paper and Land Use Plan.

Mr Khaw gave the assurance that there will be enough affordable homes for Singaporeans and an even better quality living environment.

He also responded to the opposition Workers' Party proposal to freeze the foreign worker population immediately and for eight years.

Mr Khaw said that will affect plans to build the 200,000 homes over the next four years.

He added the Workers' Party's hope that Singaporeans will jump in to augment the pool of construction workers is also not realistic.

In the long term, the government plans to build another 500,000 homes.

Mr Khaw reiterated that he will continue de-linking the prices of new HDB flats from the resale market to keep prices stable.

On concerns about the quality of life and living space, with a projected increase in population, Mr Khaw painted a picture of what the future living environment in the country could look like.

He cited the example of Punggol South, where green, open spaces and recreational facilities are integrated into the estate.

Mr Khaw said Singapore's future will not be a concrete-jungle, but Punggol "multiplied many times" and even better.

For example, improved estate layout, common spaces, with air flow, landscaping and connectivity between spaces.

Mr Khaw added the 6.9 million projected population is a stretched scenario, and it is hoped that Singapore will never reach this level.

But the minister stressed that it is safer to prepare enough land and infrastructure for a larger number.

He said: "That is why we plan long term, anticipate problems and try to nip them in the bud. That is why we put out these two reports, because we know if our demographic challenges are not dealt with properly, our children will suffer.
"We cannot simply pretend these challenges do not exist. We cannot simply pass them to future generations to deal with. That will be irresponsible, and that is not our style."

In the long term, new technology such as going underground is also being explored.

Mr Khaw said he is chairing an inter-ministerial committee to study and coordinate underground developments to ensure authorities can seize opportunities and create the most optimal outcome for Singaporeans.

Mr Khaw said: "This government is and will always be on the side of Singaporeans. The scenarios sketched in the Population White Paper are not blindly pro-business or pro-growth.

"It is you - Singaporeans - who are at the centre of our planning and policies: your well-being, your security, the quality of your lives. People first, not growth first - that is the key thread which runs consistently through the Population White Paper and the Land Use Plan. Please read them closely and see for yourself."

- CNA/ir



Read More..

"Promoting marriage & parenthood" central to keeping S'porean core






SINGAPORE: Minister in the Prime Minister's Office Grace Fu has spoken about what it means by keeping the Singaporean core at the heart of the country's population policies.

She made the comments on day two of the parliamentary debate on the White Paper on Population and Land Use Plan.

Ms Fu said promoting marriage and parenthood is central to maintaining a strong Singaporean core.

And allowing immigration does not mean the government takes its marriage and parenthood objectives less seriously.

But authorities are realistic about how birth rates can improve. Hence the need to supplement the population with a calibrated pace of immigrants.

On concerns over the loss of the Singaporean identity with more foreigners in the midst, Ms Fu said integration efforts are a critical complement to the immigration policy and important in strengthening the Singaporean core.

Ms Fu added that integration efforts are being stepped up.

"In our deliberations on what is the best way forward for Singapore, Singaporeans were at the heart of our considerations, and a strong Singaporean core was our objective. What does this mean?

"In my view, a strong Singaporean core is one where Singaporeans have a sense of well-being and belonging in a place where we can all call 'home'.

"Well-being comes both from the tangibles - having fulfilling jobs and a good quality living environment - as well as the intangibles - strong supportive families, values that connect us and a collective hope for a brighter future."

- CNA/ir



Read More..

Population White Paper for benefit of all Singaporeans: DPM Teo






SINGAPORE: Deputy Prime Minister Teo Chee Hean has presented in Parliament the White Paper on Population, a roadmap to address Singapore's demographic challenges.

The Land Use Plan was presented along with the White Paper.

The White Paper comes on the back of a shrinking and greying population in Singapore.

The minister's speech delved straight into addressing the concerns Singaporens have raised over the past week following the White Paper's release.

First, the projected population of 6.9 million by 2030.

Mr Teo said the White Paper in fact is proposing a major shift - a significant slowdown in Singapore's rate of workforce and population growth.

For example, population growth rate is in fact projected to drop to about half the historical growth rate.

He added the government is not deciding on a population of 6.9 million by 2030.

The figure, he stressed, is only to prepare infrastructure plans.

What the population will be like in 2030, he said, will depend on the needs of Singaporeans.

"It is the ability to meet the needs of Singaporeans and provide a good quality of life that is the drive, that's our objective. It's not the numbers per se. If we are able to achieve all that with a smaller population, whether 6.5 million or lower, there is no reason to go higher, but it's prudent to plan our infrastructure at the upper end of the range so we don't get caught up," said Mr Teo.

- CNA/ir



Read More..

Govt has to and will deliver high quality: K Shanmugam






SINGAPORE: Law and Foreign Affairs Minister K Shanmugam said the range of views expressed about the 6.9 million population projection set out in the White Paper are completely understandable.

He was speaking to reporters at a hong bao presentation ceremony at his Chong Pang Division.

He said businesses are unhappy about the lack of growth in the labour force but there are also those who are concerned about the 6.9 million figure.

"They say 'I have difficulties with infrastructure, transport, housing with today's population and you want to increase it even more, doesn't make sense,' - that's a reaction and it is understandable.

"The government has got to explain two points. The first is we have to and will solve the current infrastructure problems and second for this long term planning, whatever the size of the population, 6.9 million is not the target, the infrastructure must be adequate and deliver high quality of life.

"That has to be a cast iron position that the government has to deliver and will deliver," he said.

- CNA/ck



Read More..

India set to introduce death penalty in some rape cases






NEW DELHI - India's Cabinet has approved harsher punishments for rapists, including the death penalty, after a brutal gang-rape in New Delhi that sparked national outrage.

A government-appointed panel recommended the changes to ministers after the death of a 23-year-old woman who was savagely raped and attacked in a bus on December 16 and died nearly two weeks later.

The case ignited nationwide demonstrations by protesters demanding better safety for women.

The changes, which must be approved by President Pranab Mukherjee to become law, include doubling the minimum sentence for gang-rape and imposing the death penalty when the victim is killed or left in a vegetative state.

"We have taken swift action and hope these steps will make women feel safer in the country," Law Minister Ashwani Kumar told reporters late on Friday.

"This is a progressive piece of legislation and is consistent with the felt sensitivities of the nation in the aftermath of the outrageous gang-rape," he added.

On Saturday, the gang-rape victim's brother praised the Cabinet's decision to make sentences tougher for attackers, calling it a "positive initiative", according to the Press Trust of India news agency.

The changes to the rape laws were expected to be approved by Mukherjee as early as this weekend but must be ratified by parliament or they will lapse.

Under the changes, the minimum sentence for gang-rape, rape of a minor, rape by policemen or a person in authority will be doubled to 20 years from 10 and can be extended to life without parole.

Under the current law, a rapist faces a term of seven to 10 years.

The Cabinet has also created a new set of offences such as voyeurism and stalking that will be included in the new law.

Five men are being tried in a special fast-track court in New Delhi on charges of murder, kidnapping and rape in connection with the death of the student, who died from her injuries.

A sixth suspect faces trial in a juvenile court.

The physiotherapy student was assaulted on a bus she had boarded with a male companion as they returned home from watching a film in an upmarket shopping mall.

India says it only imposes the death penalty in the "rarest of rare cases". Three months ago, it hanged the lone surviving gunman from the 2008 Mumbai terror attacks -- the country's first execution in eight years.

Verdicts for the five men would be handed down "very soon", a defence lawyer said earlier in the week, as an application to relocate the trial outside of the capital failed.

A separate court has ruled that a sixth suspect in the case should be tried as a juvenile after it accepted his claim based on his school certificate that he was aged 17.

The decision, which means he faces a maximum of three years if convicted instead of the death penalty, has appalled the victim's family who said they would call for an exception to be made in the case.

Indian media reports, citing unnamed police officials, say the 17-year-old was among the most brutal of the assailants, who are accused of attacking the woman with an iron bar, causing horrifying internal injuries.

- AFP/ir



Read More..

A*STAR scientists solve century-old mystery in yeast infections






SINGAPORE: Scientists from the Agency for Science Technology And Research (A*STAR) have solved a century-old mystery in yeast infections.

They constructed stable strains of Candida albicans, the most prevalent human fungal pathogen and a major cause of hospital acquired infection.

A*STAR said on Friday that their discovery will help pave the way to develop drugs that effectively target and treat such infections.

Currently, the choice of drugs for this pathogen is limited.

Drugs resistance has also emerged worldwide, posing a great challenge to medicine.

The A*STAR scientists have shown that Candida albicans, long thought of as always having two copies of each chromosome and no sexual reproduction in its life, can and does exist as a sexually reproducing cell carrying only one copy of its genome.

The discovery fills a long missing gap in the life cycle of the pathogen and greatly advances the understanding of how it generates genetic variations.

The tools developed will help speed up the analyses of gene function and might speed up efforts to cure Candida infections.

- CNA/fa



Read More..

SK Group head gets four-year jail sentence






SEOUL: The head of South Korea's third largest conglomerate, the SK Group, was sentenced to four years in prison on Thursday after being convicted of embezzling close to $50 million.

The custodial sentence was seen as relatively tough in a country where convicted business tycoons are often given suspended prison terms in recognition of their apparent contribution to the national economy.

The court ruled that Chey Tae-Won, 53, had embezzled 49.7 billion won ($45.6 million) from two affiliates and funnelled the money into a firm for investments in stock futures and options in 2008.

The SK Group boss had remained free since he was indicted a year ago.

The energy-to-telecom conglomerate, which includes top mobile carrier SK Telecom, said Chey would appeal the verdict.

It was not Chey's first conviction.

In 2003 he was sentenced to three years in prison for his role in a $1.3 billion accounting fraud. He was released after just seven months and, in 2008, was finally granted a full presidential pardon, wiping his record clean.

It is not unusual for senior executives with convictions for crimes including tax evasion and embezzlement to remain in charge of South Korea's family-dominated conglomerates.

The Seoul Central District Court said in its statement that Chey had betrayed the public trust in his group.

"He should be reproached for using subsidiaries as a tool for his crime," it said.

Chey's younger brother and group vice chairman Chey Jae-Won was acquitted on charges that he was a knowing accomplice to the embezzlement.

South Korea has a long history of pardoning powerful tycoons.

Hyundai Motor head Chung Mong-Koo, who had been convicted of embezzlement and other charges, was pardoned in 2008, and Samsung Electronics chairman Lee Kun-Hee - convicted of tax evasion - was pardoned in 2009.

- AFP/de



Read More..

S'pore moves up to 2nd spot in trust survey






SINGAPORE: Singapore has moved up to the number two spot for the most trusting nation in the world, according to the 2013 Edelman Trust Barometer. It was third in 2012 and seventh in 2011.

Edelman, which measured levels of trust in institutions in 26 countries worldwide, said on Wednesday that Singapore's total trust score rose by nine points and is three points more than the global average increase.

Trust levels rose across three of the four institutions measured -- business (up 11 points), non-governmental organisations (up 11 points) and government (up 9 points).

At 82 per cent, trust in Singapore government recovered to approach the 2010 high of 84 per cent.

Trust levels in the media remained stable and high.

Edelman said while the government and business fared well in the latest trust survey, there remains scepticism about trust in their leadership.

Only 19 per cent of Singaporeans in the general population trust business leaders to tell the truth, no matter how complex or unpopular it is. While trust in government leaders is higher than in business leaders, there remains room for improvement.

Edelman said the lack of trust in leaders, compared with the institutions they lead, is a trend in all the markets where trust was measured. This, it said, points to a common need to increase transparency at the leadership level.

-CNA/ac



Read More..

Infrastructure development to keep pace with population growth






SINGAPORE: The government is planning to build 700,000 new homes by 2030.

That is one of the long-term plans to support the projected increase in population which is expected to hit 6.9 million in about 20 years.

Some Singaporeans have observed that population growth in Singapore has outpaced infrastructure development in the last five years.

The government is now planning and investing in advance to accommodate a larger population.

Beyond just relieving strains on public transport and housing today are long-terms plans to ramp up infrastructure developments to support a population of up to six million in 2020 and then a population of up to 6.9 million in 2030.

There are already plans to add 800 buses over five years, and by 2030, to double of the rail network to 360 kilometres.

This means the addition of three new MRT lines and an extension of two existing lines over the next nine years.

Come 2030, there will be another two new lines and three extensions, allowing eight in 10 homes to be within a 10-minute walk from a train station.

To further alleviate the strain on public transport, more jobs will be located near residential areas, reducing the need to commute.

The White Paper has named Woodlands, Serangoon and Punggol as possible growth areas to create more space for businesses. It also said the Jurong Lake District, Paya Lebar Central and One-North will be expected to mature by then.

More healthcare facilities are also in the pipeline with three general hospitals, five community hospitals and two medical centres set to open between 2014 and 2020.

On the way too are 200,000 new homes which will be ready by 2016.

National Development Minister Khaw Boon Wan said even more land has been set aside to build another 500,000 homes until 2030.

Mr Khaw said: "I am very confident that we will be able to resolve this housing shortage very soon because once you say let's build a town, it takes more years. That's why I begin to publicise what are the number of housing units that will be coming on stream in 2014 and 2015. They are very big numbers and that is to assure Singaporeans that there are enough homes for you. Don't panic, don't need to worry.

"Practically for first timers or new family formations, the problem is actually largely resolved. There is some mismatch purely because of our balloting system. If you look at the figure, every year, (there is around 15,000) new family formations involving Singaporeans but I'm building 25,000 new units a year and we've been doing so. This is into the third year now. There are many more new units being formed than the number of new family formations.

"And effectively, what is happening is we are now meeting future demand because the fiance scheme is for couples who are not yet married. They are being rational. They are planning ahead so that hopefully when the key is received, they can also exchange rings, so that they time it properly, which is a good thing, which is something that we support."

Possible sites for these new homes include new towns in Bidadari, Tampines North and Tengah but some will also be built in mature estates, allowing children to stay close to their parents.

Mr Khaw said: "Wherever possible, where there are possible sites for development, we have to do so. And that is why sometimes, it is a bit painful for us to have to remove some trees, which I know many people are upset about. We are equally upset because I love trees. I'm a treehugger and we think many times before to chop down a tree or not to chop down a tree. But sometimes it can't be helped because of larger objectives, larger benefits."

Mr Khaw added that good urban planning to achieve a high quality of living is a top priority for the government.

He said: "Unlike other cities, they have hinterlands to go to. Thanks to former Prime Minister Lee Kuan Yew, he was already ahead of his time. When we talk about the terms you hear today - green, garden city, sustainable living, etc., he was really ahead of his time because he knew that this was the only way for us to survive because this is the only place we have. This is the only city, this is our home, and if it is polluted, dirty, crowded, congested, then what kind of a life will we get?"

There will be more green spaces and parks, and by 2030, at least 85 per cent of Singapore's households will live within 400 metres of a park.

The National Development Ministry is expected to release more details on land use plans this week.

- CNA/fa



Read More..

Man in "trolley bag" case pleads guilty to failing to report death






SINGAPORE: The lover of a businessman acquitted of murder in the "trolley bag" case pleaded guilty to a charge of failing to report the death to the police.

Pee Weai Hong, 33, admitted on Monday that he did not report the death of 28-year-old Dylan Wong Teck Siong on 2 April 2011 when he learnt about it the next day.

Mr Wong's decomposed body was stuffed in a trolley bag and was found in the waters off Sentosa on 16 April.

A businessman, Teo Boon Leng, was acquitted on 24 January of murdering Mr Wong.

The court heard on Monday that the three men were involved in a love triangle, which started two months before Mr Wong's death.

On the night Mr Wong died, Pee was not at the Keppel Bay apartment where the three men lived.

- CNA/xq



Read More..

Protesters march against Hong Kong leader






HONG KONG: Around 1,000 people took to the streets of Hong Kong on Sunday to protest against the city leader's policy speech, which they said offered nothing new on tackling a housing crisis and poverty.

Chief Executive Leung Chun-ying pledged, among other things, to increase housing supply in the densely populated city and tackle poverty in his January policy address widely seen as an attempt to halt mass protests against his leadership.

Protesters held up a colourful array of banners, some of which portrayed Leung as a vampire and Pinocchio.

"Leung Chun-ying does not have the heart or the ability to solve the problems for the Hong Kong people," Icarus Wong, vice-convener of one of the protest organisers, Civil Human Rights Front, told AFP.

People were showing their "disappointment and anger" because his speech offered no new ideas on solving the housing crisis and tackling poverty, Wong said.

Protesters also called for universal suffrage in the former British colony, which returned to China in 1997.

Hong Kong maintains a semi-autonomous status but cannot choose its leader through the popular vote.

Beijing has said the chief executive could be directly elected in 2017 at the earliest, with the legislature following by 2020.

Leung, who was chosen by a 1,200-member election committee dominated by pro-Beijing elites, saw his approval rating plunge to a low of 31 percent, according to an opinion poll released in January by the University of Hong Kong.

- AFP/xq



Read More..

Funerals for six protesters killed by Iraq troops






FALLUJAH, Iraq: Funerals were to be held on Saturday for six anti-government demonstrators killed by Iraqi troops during a rally in Fallujah a day earlier, sharply raising tensions amid weeks of angry rallies.

The deaths in the predominantly Sunni town west of Baghdad were the first since protests began last month, and came as tens of thousands rallied in Sunni areas of the country, railing against alleged targeting of their minority by the Shiite-led authorities.

While some Shiite clerics gave cross-sectarian support to the protests, Prime Minister Nuri al-Maliki blamed demonstrators for "raising tensions" and insisted soldiers had been "attacked".

Friday's rally had been moving from central to eastern Fallujah, 60 kilometres (35 miles) from Baghdad, but was blocked off by soldiers, police captain Nasser Awad said.

Protesters then began throwing bottles of water at the troops, who opened fire.

Six demonstrators were killed, all of them from gunshot wounds, said Khaled Khalaf al-Rawi, a doctor at Fallujah hospital. Rawi said 35 were wounded, the majority by gunfire.

Defence ministry spokesman Major General Mohammed al-Askari said an inquiry had begun, and pledged that victims would be financially compensated.

Officials in Fallujah earlier said the army had vacated the town and had been ordered to transfer security responsibility to the police.

Maliki called for restraint by security forces in a statement issued by his office, but also said soldiers had been attacked in the first place.

"This is what Al-Qaeda and terrorist groups are seeking to exploit," he said, referring to apparent sectarian tensions.

Along with protests in Fallujah on Friday, large demonstrations also took place in several other Sunni cities in north and west Iraq, as well as in Sunni neighbourhoods of Baghdad.

The protests have hardened opposition against Maliki and come amid a political crisis less than three months ahead of key provincial elections.

- AFP/al



Read More..

Mixed reactions in India after high court delays controversial film's release






INDIA: Mixed reactions in India to the Madras High Court's decision to put on hold the release of a movie "Vishwaroopam". The latest work of Tamil actor and film-maker Kamal Haasan, has been accused by some Muslim groups of making the community look bad.

Haasan said he never intended to denigrate anyone and that the movie is being used by groups for political gain.

Tamil actor and film-maker Kamal Haasan has to wait a little longer for his latest movie to premiere in his home state of Tamil Nadu.

The Madras High Court put on hold the release of the film after protests against the film spilled onto the streets. Some Muslim groups petitioned for the movie to be banned, alleging that it depicts the community in a negative light.

Mohammed Hanifa, a coordinator for the Tamil Nadu Muslim Movements and Political Parties Confederation, said: "We cannot accept the picture. Muslims of Tamil Nadu are against the picture. We don't want the picture to be released."

Vishwaroopam will be released in the rest of the country as scheduled.

Kamal Haasan termed the ban "cultural terrorism" and said he will take legal recourse against the Tamil Nadu government.

Movie lovers said the ban is unfortunate.

Sanjay Roy, a literary festival organiser, said: "Yes, there is an element there which needs to be looked at. But there's no need to ban it. If you don't like something, don't go and watch it. If you don't like something, don't go and read it.

"I don't understand why artists are banned every time. Why is art banned? I have never seen any politician being banned."

Made with a budget of about US$17 million, the film is expected to do well at the box office. Besides producing and directing, Kamal Haasan also stars in the movie.

As India is set to celebrate the anniversary of its constitution formation, a judge will watch the movie and decide if Kamal Haasan gets to enjoy his cultural freedom, or if Muslim groups will get their way.

-CNA/ac



Read More..

Networking more important than getting pay rise: survey






SINGAPORE: Eighty-five per cent of Singaporean professionals surveyed actually plan to make a New Year resolution related to their professional life or career this year - up from the 67 per cent who did in 2012 and in contrast to how only 54 per cent of them make New Year resolutions in general.

Four hundred and fifty professionals were involved in the survey by LinkedIn, the world's largest professional network.

The top five professional goals that Singaporeans want to achieve in 2013 are professional development through learning new skills, network more or build more professional relations, getting promoted or move into a leadership role, getting a new job or career and getting a pay rise.

LinkedIn also asked Singaporean professionals what they wanted to achieve with these professional goals and the top choice was financial security and growth, followed by having stronger workplace performance and better work-life balance.

- CNA/ck



Read More..

Unilever reports 5.0% profit rise to 4.48b euros






THE HAGUE: Global food and cosmetics giant Unilever reported on Wednesday that net profit last year rose by 5.0 per cent from the 2011 level to 4.48 billion euros (US$5.96 billion).

Unilever, which achieved sales exceeding 50 billion euros for the first time with a figure of 51.3 billion euros, up 10.5 per cent, said the outcome was an important step towards its target of sales of 80 billion euros.

"There is no room for complacency," Unilever chief executive Paul Polman nevertheless warned in a statement.

"Markets will remain challenging, with intense competition and volatile commodity costs."

"We remain focused on achieving another year of profitable volume growth ahead of our markets, steady and sustainable core operating margin improvement and strong cash flow."

Unilever's fourth-quarter sales rose by 7.8 per cent, thanks largely to volume growth of 4.8 per cent, higher than the 6.3 per cent expected on average by analysts interviewed by Dow Jones Newswires.

Underlying sales growth in emerging markets was 11.4 per cent, representing 55.0 per cent of the multinational's global turnover.

"Emerging markets again contributed double-digit growth helping us exceed 50 billion euros turnover, an important milestone in our journey to double the size of Unilever from 40 billion euros to 80 billion euros whilst reducing our environmental impact," Polman said.

The company saw strongest sales growth in Asia-Africa, where the figures rose by 10.6 per cent, while Americas sales were up 7.9 per cent.

Performance in Europe was "sluggish", the company said, with sales up 0.8 per cent.

This reflects "the fragile state of consumer confidence and intensely competitive markets," Unilever said.

Nevertheless, "we have responded to the needs of hard-pressed consumers by providing good quality products at low price points."

"Throughout 2012 our markets experienced markedly different dynamics as emerging markets grew in both volume and value terms whilst developed market value remained subdued, with volumes lower than prior year," Unilever said.

The Anglo-Dutch company said that Magnum ice creams and Sunsilk hair products had become "billion-euros brands", bringing the company's total of such brands to 14.

"We continued to invest behind our brands, again increasing advertising and promotions spend," Polman said, with such spending up 470 million euros.

One of the world's leading suppliers of consumer goods, Unilever owns a wide variety of brands including Knorr, Lipton, Dove and Vaseline. It employs 167,000 workers in 100 countries.

- AFP/xq



Read More..

Penguin head-cam captures bird's eye view of hunt






TOKYO: Miniature cameras attached to a penguin's head have given Japanese scientists a bird's eye view of the creature's incredible underwater hunting skills, the lead researcher said Tuesday.

Using video cameras weighing just 33 grammes (around 1 oz) and equipped with accelerometers, depth gauges and thermometres, researchers were able to see exactly what the Adelie penguin sees when it goes out to catch krill and other prey in its native Antarctica.

Yuuki Watanabe, of the National Institute of Polar Research in Tokyo, said the team was amazed to discover that the bird adapts its hunting behaviour depending on what it is trying to snare.

Watanabe said the accelerometer -- a device also used in mobile phones, tablet computers and games consoles -- allowed researchers to precisely measure the bird's head movements and showed how one penguin could catch two krill in under a second.

"Now we know what the Adelie penguin preys on and how much it eats, we can understand how the penguin survives and how it relates to its environment," he said.

The penguin's fragile Antarctic habitat is at risk from climate change, with scientists warning that as pack ice melts, their numbers could fall dramatically.

Watanabe said the tiny cameras and micro equipment had given researchers a much better understanding of how the penguin lives.

"We now understand how much they rely on those fish that inhabit water just below the sea ice, which means that Adelie penguins can only survive in a sea ice environment," said Watanabe.

-AFP/fl



Read More..

Business in Taiwan's Wowprime brisk despite slowing economy






TAIPEI: 2012 was a slow year for many industries in Taiwan except for the food and beverage industry, which bucked the trend.

Leading the pack is Taiwan's biggest restaurant chain, Wowprime. It is aiming to cater to the rest of the world.

Wowprime's Wang Steak restaurant is fully occupied almost all year round. Business did not seem to be affected by a slowing economy.

Many customers visit it for its signature dish - prime rib selected from only the six best pieces of a cow.

But it is not just the steak that draws the crowd. Some customers also appear to be fans of Steve Day, the chairman of Wowprime.

The 59-year-old started his first restaurant, Wang Steak, 20 years ago.

Today, he has 11 brands under his belt with 275 restaurants on both sides of the strait.

Among its 11 brands, there is a French-style teppanyaki restaurant which opened in 2005, and a low-priced hot pot chain in 2009, which is very popular among young Taiwanese. Recently, it added coffee shops to its latest venture.

The company's revenues have grown an average of nearly 30 per cent in the last three years. To keep the business growing, it plans to build one new brand every two years.

Mr Day said: "In a small market, you must have a number of brands in order to satisfy the customers. If you focus on one brand, it tends to stop growing once you reach the maximum size of the market."

Wowprime's ultimate ambition is to go global. It is already teaming up with Jollibee of the Philippines to open hot pot chains in China.

By 2020, it hopes to have 1000 restaurants worldwide.

Mr Day is confident the target can be achieved ahead of schedule because nobody can resist good food.

He said: "Every dish we bring to the table has gone through many levels of elimination. At the end, we choose only one from the best 50 dishes. So it must be the most delicious."

Competitive pricing is another key to Wowprime's success.

Mr Day said all of its cuisines are priced at 30 per cent below market. And to achieve this, the group has to keep a cap on its profit margin.

Mr Day said: "We have set a ceiling for our annual earnings. Our group earnings must not exceed 10 per cent. If the number exceeds 10 per cent, that means what you offer to your guests are not good enough. But the earnings must not fall below 10 per cent either because that would make the employees worry."

The pricing strategy has made Wowprime one of the fastest growing companies in Taiwan, and it is hoping to win over customers in the rest of the world.

- CNA/xq



Read More..