CapitaCommercial Trust (CCT), Singapore’s first listed commercial REIT with a market capitalisation of $4.3 billion, says distributable income of $221.0 million for the financial year ended 31 December 2010 (FY 2010).
This is 11.3% above the same period last year.
FY 2010 estimated distribution per unit (DPU) of 7.83 cents is a 10.9% year-on-year increase from FY 2009 DPU of 7.06 cents.
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The State Auditing Institution (DRI) has found numerous irregularities in the spending of the 2009 budget and even violations of the law in some cases. An inspection of the final budget balance for 2009 included around 70 percent of budget expenditures and looked into the spending of seven ministries, the Treasury Administration and the National Bank of Serbia, in the section related to budget handling.
Singapore’s inflation held near the fastest pace since January 2009 as the government predicts prices will climb further amid rising food and labor costs.
The consumer price index gained 3.5% in October from a year earlier, after gaining 3.7% in September, Singapore’s Department of Statistics said in a statement today. That compared with the 3.7% median estimate of 12 economists surveyed by Bloomberg News. Prices rose 0.5% from September, without adjusting for seasonal factors.
Net income for the Palo Alto, Calif.-based company rocketed to $74.5 million — or 18 cents per share — from the Q2 2009 total of $32.5 million, or 8 cents per share. Revenue rose 48 percent to $673.9 million from $455.7 million a year ago. –
Virtualization software market leader VMware, which wasn’t affected all
that much by the 2008 and 2009 global economy setbacks, reported July 20
that its second-quarter 2010 net income more than doubled over the same
period a year ago.
Net income for the Palo Alto, Calif.-based company rocke…
Budgets are not as robust as many analysts were expecting earlier in 2010, and technology workers are facing further job reductions and caution about IT spending. – Remember all the talk of the
recession being over and companies being cautiously optimistic about hiring in
technology? A report on IT spending released in June finds a whole lot more
caution than optimism right now.
Over 40 percent of respondents from 200 companies in
the United
States and…
Facebook apparently earned as much as $800 million in 2009, according to unnamed sources quoted by Reuters. That would be a sizable increase over the $500 million estimated by entrepreneur and Facebook board member Marc Andreessen in 2009. While Facebook’s user base has increased over the past year, so too have concerns about its privacy policy and how it shares users information with third-party companies. Facebook has responded to privacy advocates’ concerns by insisting that user privacy is a prime concern. – Who knew that providing a place for uploading vacation
photos and YouTube links could be so profitable? Facebook apparently earned as
much as $800 million in 2009, according to two
unnamed sources quoted by Reuters. Despite pressure from outside investors
to launch an IPO, the social-networking …
In its annual report on piracy, the Business Software Alliance (BSA) reported software theft cost the IT industry $51 billion last year, with China leading the way.
– The software piracy rate inched up globally last year,
costing the IT industry billions of dollars, according to the
seventh annual Business Software Alliance/IDC Global Software Piracy
Study.
The piracy rate is the percentage of software installed on PCs
in a given year that is unlicensed….
The Serbian Parliament Security Committee met on Tuesday in Belgrade to adopted a report on the work of the Military Intelligence Agency (VOA). The report said that there had been no military threats against Serbia in 2009.
The State Audit Institution (DRI) started work on the 2009 budget spending, Belgrade daily VeÄernje Novosti reports today. The checks started at the ministries of agriculture, infrastructure, and youth and sports.
More than two-thirds of techies felt fine with their jobs last year. However, less than half of tech workers saw raises, most want to be paid better, and certification in IT and business help raise salaries.
– It is still mostly about the money for information
technology workers, according to a 2010 skills and salary study from Cary, N.C.-based
technology-training provider Global Knowledge, but it is not everything when it
comes to job satisfaction.
Global Knowledge, in partnership with TechRepublic,…
A new report from the Internet Crime Complaint Center, a joint effort by the FBI and the National White Collar Crime Center, found the amount of losses from cyber-crime doubled in 2009, and those between the ages of 30-49 were hardest hit.
– Last year was a banner year for cyber-crime.
According to figures from the Internet Crime Complaint Center, online fraud in 2009 cost the American public $559.7 million – more than double
the $265 million stolen in 2008. These figures, according to the
report, are based on crimes reported to law…
Acer may have lost the 2009 No. 2 worldwide PC market share position to Dell, according to a new report from iSuppli, but it grew faster than Dell, HP, Lenovo and Toshiba. Meanwhile, Dell was the only top-five PC maker to show a loss.
– PC makers Dell and Acer were neck-and-neck through 2009, fighting for the No. 2 market share position, according to research firm iSuppli.
And though in the end the title went to Dell, which nudged past Acer by
only a “hairs breadth,” or 0.2 percentage points, Acer was nonetheless
the years big…
An industry survey finds a majority of security professionals polled saw increased salaries in 2009, while those who plan to hire in 2010 expect to hire three or more workers.
– To say 2009 was a tough year
for American workers would be an understatement. But if you asked information
security professionals how things went for many of them in the past year, a
majority would say they held their own. In fact, 55 percent of U.S.-based
security professionals recently surveye…
Net income for the year to December climbed to US$364 million ($509 million) from US$333 million, the Singapore-listed company said in a statement to the London Stock Exchange today. Sales including associates rose 4% to US$8.05 billion, it said.
