Telcos to offer new iPad mini & 4G iPad
By Brandon Tanoto | Posted: 24 October 2012 1806 hrs
SINGAPORE: Singapore's three major telcos will be offering the new iPad mini and fourth-generation iPad that were unveiled in the United States on Tuesday.
Apple announced that it will start shipping the fourth-generation iPad, as well as the WiFi model of the iPad mini to Singapore next Friday.
It will ship the 4G versions of the two devices a couple of weeks later.
The three telcos, SingTel, StarHub and M1, said in separate statements that they will offer the new iPad mini and fourth-generation iPad in the coming weeks and customers will be able to connect to their 4G network with speeds of up to 75 Mbps.
They added that details on pricing and availability dates will be released in due course.
According to the Apple website, prices of the iPad mini start from S$448 for the 16GB WiFi model and can cost up to S$878 for the 64GB model with 4G connectivity.
Apple said the iPad mini is 52 per cent lighter and 23 per cent thinner than the third-generation iPad.
- CNA/xq
Hopefully i can get one!
- wong chee tat :)
Wednesday, October 24, 2012
Ample room for private banking to grow in Asia
Ample room for private banking to grow in Asia
By Lynda Hong | Posted: 24 October 2012 2215 hrs
SINGAPORE: Citigroup has overtaken Swiss bank UBS to become the top private bank in Asia-Pacific last year.
And despite assets under management (AUM) in the region dipping slightly by 0.5 per cent to US$1.1 trillion in 2011, private bankers said there is still room to grow in Asia.
Less than 20 per cent of wealth owned by Asian of high net worth individuals are professionally managed by private bankers.
This means there is ample room for the industry to grow in Asia.
But experts said the lack of talent may stifle growth for some private banks.
Rajesh Malkani, who is the head of private bank (East Region) at Standard Chartered Private Bank, said: "We are finding more and more that we have to re-train people, whether we bring them from the external world or from the internal world, to really make them capable of dealing with all the changes that is happening in the industry. So it is not an easy industry, there is a lot of new regulation, there a lot of cost growth in our businesses."
The Private Banker International Asia-Pacific AuM Benchmark 2012, which ranks private banks according to the assets of high net worth individuals' funds they manage, placed Citigroup as the top private bank in Asia Pacific.
The US banking group has some US$193 billion under management in 2011.
It overtook UBS, which is now in second place. HSBC came in third in the survey.
JP Morgan Private Wealth Management Asia's chief executive officer, Peter Flavel, said: "Wealth in Asia is growing at low teens and we are expected to grow around that rate or even better over the next three to five years. And I see Asia as the most exciting place for wealth management globally."
The survey added that the drop in Asia Pacific's AUM last year was due to falling asset values caused by the global economic slowdown.
Most of the private wealth management in Asia Pacific were managed by banks that are not headquartered in Asia.
But the study added that universal banks with strong retail offerings have a stronger advantage to target high net worth individuals with assets valued between US$1 million and US$5 million. This is a core segment for Asian private banks.
Currently, foreign banks are taking a bigger slice of the private banking pie, but the four Asian banks in the survey are catching up fast with their combined AUM rising by seven per cent.
Eleven out of 16 of these foreign banks saw their AUM staying static or dipped in 2011.
Tan Su Shan, who is managing director and group head of wealth management at DBS Bank, said: "As interest rates in some local jurisdictions get higher - because of Basel Three or because banks are just shrinking their balance sheets - some of our clients do need liquidity to pump it back into the business to buy ships, to buy palm oil. So the competition for funding is really the business growth."
DBS is the highest ranked Asian headquartered private bank, managing US$39 billion last year.
This is followed by Standard Chartered Private Bank, Bank of Singapore and Hang Seng Bank.
- CNA/fa
- wong chee tat :)
By Lynda Hong | Posted: 24 October 2012 2215 hrs
SINGAPORE: Citigroup has overtaken Swiss bank UBS to become the top private bank in Asia-Pacific last year.
And despite assets under management (AUM) in the region dipping slightly by 0.5 per cent to US$1.1 trillion in 2011, private bankers said there is still room to grow in Asia.
Less than 20 per cent of wealth owned by Asian of high net worth individuals are professionally managed by private bankers.
This means there is ample room for the industry to grow in Asia.
But experts said the lack of talent may stifle growth for some private banks.
Rajesh Malkani, who is the head of private bank (East Region) at Standard Chartered Private Bank, said: "We are finding more and more that we have to re-train people, whether we bring them from the external world or from the internal world, to really make them capable of dealing with all the changes that is happening in the industry. So it is not an easy industry, there is a lot of new regulation, there a lot of cost growth in our businesses."
The Private Banker International Asia-Pacific AuM Benchmark 2012, which ranks private banks according to the assets of high net worth individuals' funds they manage, placed Citigroup as the top private bank in Asia Pacific.
The US banking group has some US$193 billion under management in 2011.
It overtook UBS, which is now in second place. HSBC came in third in the survey.
JP Morgan Private Wealth Management Asia's chief executive officer, Peter Flavel, said: "Wealth in Asia is growing at low teens and we are expected to grow around that rate or even better over the next three to five years. And I see Asia as the most exciting place for wealth management globally."
The survey added that the drop in Asia Pacific's AUM last year was due to falling asset values caused by the global economic slowdown.
Most of the private wealth management in Asia Pacific were managed by banks that are not headquartered in Asia.
But the study added that universal banks with strong retail offerings have a stronger advantage to target high net worth individuals with assets valued between US$1 million and US$5 million. This is a core segment for Asian private banks.
Currently, foreign banks are taking a bigger slice of the private banking pie, but the four Asian banks in the survey are catching up fast with their combined AUM rising by seven per cent.
Eleven out of 16 of these foreign banks saw their AUM staying static or dipped in 2011.
Tan Su Shan, who is managing director and group head of wealth management at DBS Bank, said: "As interest rates in some local jurisdictions get higher - because of Basel Three or because banks are just shrinking their balance sheets - some of our clients do need liquidity to pump it back into the business to buy ships, to buy palm oil. So the competition for funding is really the business growth."
DBS is the highest ranked Asian headquartered private bank, managing US$39 billion last year.
This is followed by Standard Chartered Private Bank, Bank of Singapore and Hang Seng Bank.
- CNA/fa
- wong chee tat :)
倪安東 - Wake Up
詞:倪安東 曲:Skot Suyama 陶山/倪安東
Now wake on up uh little girly don't forget what they said
The early birdy gets the wormy time to get outta bed
Go on and let down your bun co-come on lets have some fun
Go get a piece of what your missin. look out here comes the sun
So come take a ride with your eyes open wide
its the time for the time of your life
It don't matter what you DODO do do
Long as you're doing what your HEARTHEART says to
Hold on to all the things you LOVELOVE and you
Better believe that they'll be coming B-B-B-BACK to you
So if you WANTWANT the truth
Go out and get it cuz it WONTWONT Find you
Its time to let yourself be free of what you knew
Get on the FASTFAST TRACKTRACK grab a hold of life fore its through
你到底聽不聽得懂 或要我解釋清楚
還是你害怕面對現實這條路太痛苦
壞與好都是禮物 別讓感受變麻木
快拔掉麻醉針清醒跨出你的下一步
So come take a ride with your eyes open wide
its the time for the time of your life
It don't matter what you DODO do do
Long as you're doing what your HEARTHEART says to
Hold on to all the things you LOVELOVE and you
Better believe that they'll be coming B-B-B-BACK to you
So if you WANTWANT the truth
Go out and get it cuz it WONTWONT Find you
Its time to let yourself be free of what you knew
Get on the FASTFAST TRACKTRACK grab a hold of life fore its through
Now come take a ride with your eyes open wide
Its your right now go(to) fight for your life
SHHHHH
張開眼睛請你 看個 清楚
勇敢起義活出 新的 態度
改頭換面跟上我們的舞步
I hope you're ready Cuz we're COMING BBBBACK to You
Now it don't matter what we DODO do do
Long as we're doing what we LOVELOVE to do
Because the feelin in our HEARTHEART rings true
And it keeps telling us to come on B-B-B-BACK to you
So if you WANTWANT the truth
Go out and get it cuz it WONTWONT Find you
Its time to join us and be free of what you knew
We're on the FASTFAST TRACKTRACK Rockin you right on out of your shoes
- wong chee tat :)
Netizens call for Facebook page to be taken down over racy photos
Netizens call for Facebook page to be taken down over racy photos
By Vimita Mohandas | Posted: 23 October 2012 2221 hrs
SINGAPORE: Some netizens are calling for a Facebook page to be taken down, expressing concern over personal information available to users. This comes after reports that young Singaporeans are posting racy pictures of themselves to make friends or get people to rate their looks.
The Facebook group is called "Add anyone you know 2 this group! Beat the most member group on FB! Come on!!!!"
Online rivalries have been brewing over this Facebook page, with some users calling for it to be taken down.
Other pages such as EDMW Singapore and SG Share have been reproducing pictures from the Facebook group to warn posters.
One user called "Singaporean1st" has also been posting messages actively, warning children about the risks they are putting themselves to.
The group is believed to have been started by a user named Owen Lee some five months ago.
The Facebook page has more than 500,000 members and the number has been increasing. This has raised concerns among youth counsellors and parents who worry if the students' private details may fall into the wrong hands.
Adrian Lim Peng Ann, a counselling psychologist, said: "In this situation, the young teens see it as a fun thing to do and they jump in because they don't want to be left out. They want to know what's happening so they try it out even if it's risky or adventurous.
"Because of their short-term thinking and not thinking (about the consequences), they would not realise that some of the information they divulge like their photos, personal information, handphone numbers, email and FB page will get into (the hands) of other undesirable people - from sexual predators to even future friends, employers, schools that may access this information and come up with a decision on whether this person is credible or worthy."
Meanwhile, students had mixed reactions on the issue.
Sebastian Ng, a Secondary Three student, said: "It's fine and it's nothing wrong. You just take a photo of yourself and there's nothing to be shy about - it's the internet, so you can post whatever you want to post about."
Another Secondary Three student, Rathi Thiruvalluvan, said: "They want people to rate them for who they are, and why would you want somebody to tell you that you are hot and beautiful? You are beautiful in your own way and every girl is beautiful."
While parents may frown upon the page, they admit it is an uphill task to police a child's social media activity.
Juliet Tan, a mother of one, said: "Teenagers right now have everything hitting at them - the internet, the web and pornographic websites. I think that would be something we can't curtail. This is their form of self-expression but there's a line to be drawn and it needs an adult to show them the way gently and guide them - that there are certain rules and constraints.
"It will be very difficult to exercise control because currently in a lot of homes, both parents work. But I feel the environment and the upbringing of the child is very important. The school environment is equally important. So perhaps parents, the schools and the younger generation should work together collectively."
Mr Lim admitted that these issues arise because some parents are unaware of the dangers. He said: "As there is that guilt factor - because they don't spend sufficient time with the kids - they will substitute with things that the kids want and it would be technology or electronic gadgets at this point in time. This is because it substitutes for the absence of a relationship if both parents are working."
Homan Kwong, a father of two, said: "Facebook is a good channel to get to know people, but at the same time it can be misused. I think it's also about how the parents relate to the children as well."
Parents can activate Facebook's Report Abuse feature to bar young children from certain groups.
-CNA/ac
- wong chee tat :)
By Vimita Mohandas | Posted: 23 October 2012 2221 hrs
SINGAPORE: Some netizens are calling for a Facebook page to be taken down, expressing concern over personal information available to users. This comes after reports that young Singaporeans are posting racy pictures of themselves to make friends or get people to rate their looks.
The Facebook group is called "Add anyone you know 2 this group! Beat the most member group on FB! Come on!!!!"
Online rivalries have been brewing over this Facebook page, with some users calling for it to be taken down.
Other pages such as EDMW Singapore and SG Share have been reproducing pictures from the Facebook group to warn posters.
One user called "Singaporean1st" has also been posting messages actively, warning children about the risks they are putting themselves to.
The group is believed to have been started by a user named Owen Lee some five months ago.
The Facebook page has more than 500,000 members and the number has been increasing. This has raised concerns among youth counsellors and parents who worry if the students' private details may fall into the wrong hands.
Adrian Lim Peng Ann, a counselling psychologist, said: "In this situation, the young teens see it as a fun thing to do and they jump in because they don't want to be left out. They want to know what's happening so they try it out even if it's risky or adventurous.
"Because of their short-term thinking and not thinking (about the consequences), they would not realise that some of the information they divulge like their photos, personal information, handphone numbers, email and FB page will get into (the hands) of other undesirable people - from sexual predators to even future friends, employers, schools that may access this information and come up with a decision on whether this person is credible or worthy."
Meanwhile, students had mixed reactions on the issue.
Sebastian Ng, a Secondary Three student, said: "It's fine and it's nothing wrong. You just take a photo of yourself and there's nothing to be shy about - it's the internet, so you can post whatever you want to post about."
Another Secondary Three student, Rathi Thiruvalluvan, said: "They want people to rate them for who they are, and why would you want somebody to tell you that you are hot and beautiful? You are beautiful in your own way and every girl is beautiful."
While parents may frown upon the page, they admit it is an uphill task to police a child's social media activity.
Juliet Tan, a mother of one, said: "Teenagers right now have everything hitting at them - the internet, the web and pornographic websites. I think that would be something we can't curtail. This is their form of self-expression but there's a line to be drawn and it needs an adult to show them the way gently and guide them - that there are certain rules and constraints.
"It will be very difficult to exercise control because currently in a lot of homes, both parents work. But I feel the environment and the upbringing of the child is very important. The school environment is equally important. So perhaps parents, the schools and the younger generation should work together collectively."
Mr Lim admitted that these issues arise because some parents are unaware of the dangers. He said: "As there is that guilt factor - because they don't spend sufficient time with the kids - they will substitute with things that the kids want and it would be technology or electronic gadgets at this point in time. This is because it substitutes for the absence of a relationship if both parents are working."
Homan Kwong, a father of two, said: "Facebook is a good channel to get to know people, but at the same time it can be misused. I think it's also about how the parents relate to the children as well."
Parents can activate Facebook's Report Abuse feature to bar young children from certain groups.
-CNA/ac
- wong chee tat :)
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