A survey of multinational corporations found those companies that performed internal audits spent less per capita on compliance than those that didn’t perform any. – The penalties for being out-of-step with compliance mandates are not going away, and neither is the cost of keeping up with regulations.
However, a new report from the Ponemon Institute revealed that more compliance audits can actually have the effect of lowering the price tag.
According to the …
Iraqi officials say a car bomb has exploded at a funeral in Baghdad, killing at least 35 people, VOA reports. The blast Thursday in a mainly Shi’ite area of the capital also wounded at least 65 others.
35 people died today at Moscow’s Domodedovo airport in a suicide bomber attack, Russian officials have confirmed. More than 130 people have been injured, among them a Serbian citizen.
Despite the government’s best efforts at scaring people with overblown hypeAnd at labeling people opposed to war as terrorists or traitors And the government and media’s attempt to sell the war as being necessary, good and patrioticOnly 35% of all Am…
The Pakistani military says 11 soldiers and 24 militants have been killed in a clash near the Afghan border, RFE/RL reports. The military says dozens of militants attacked five checkpoints in the northwest’s Mohmand tribal area overnight.
Consumer prices in Singapore rose a tad slower than analyst estimates in October due to a smaller increase in food and housing costs.
The consumer price index — a measure of costs of goods and services — rose 3.5% in October from a year earlier, compared with a 3.7% increase in September, the Department of Statistics said in a statement Tuesday.
The median forecast from a Dow Jones Newswires poll of six economists was for a 3.7% rise from a year earlier.
The preference shares, which pay an annual dividend of 4.7% and qualify as Tier-1 capital, will start trading on Nov 23.
YouTube said users are uploading 35 hours of video per minute, up from 24 hours per minute from March. YouTube Mobile is a big part of increase, the company said. – YouTube users are now uploading 35 hours of video per minute, or 2,100 hours
of video uploaded each hour and more than 50,000 hours every day.
YouTube, whose massive network of servers was sucking in 24 hours of video per
minute last March, likes to frame its user stats in analogies. The compari…
China Sunsine Chemical Holdings, the producer and global leader in the production and supply of rubber accelerators, is on its way to deliver record financial results for FY2010, judging from another robust third quarter performance.
For the three months ended 30 September 2010, net profit rose 35% to RMB 33.80 million ($6.58 million) from RMB 25.0 million in 3QFY2009, translating into earnings per share of RMB 7.07 cents compared with RMB 5.24 cents in 3QFY2009.
Ascendas Real Estate Investment Trust has announced a 3.5% year-on-year growth in net property income to $83.9 million for 2Q FY2010/11. Distributable Income rose 0.4% to $61.8 million. DPU for the quarter stands at 3.3 cents.
Ascendas REIT is Singapore’s first listed business space and industrial real estate investment trust. It has a diversified portfolio of 92 properties in Singapore, comprising business and science park properties, hi-tech industrial properties, light industrial properties, and logistics and distribution centres, with total assets of about $4.9 billion.
Yoon said the Asia headcount will make up as much as 25% of the total in the same time, up from 12% at present.
With support for Microsoft Hyper-V in its latest release, Pano Logic offers a hypervisor-agnostic Virtual Desktop Infrastructure platform for organizations. – Pano Logic added new enhancements and extended hypervisor support in its
latest version of Pano
System, the company said Oct. 6.
Citrix hypervisor support is on quot;our very near-term road map, quot;
said Dana Loof, executive vice president of worldwide marketing at Pano Logic.
Pano System 3…
Xpress Holdings, the provider of fast turnaround print solutions, says net profit for the financial year ended 31 July 2010 (FY2010) amounted to $8.5 million compared to $13 million a year ago, a decline of 35%.
Profit before tax rose 11.9% to $4.7 million from $4.2 million a year earlier despite challenging operating conditions in the global printing industry.
Sound Global (E6E.SG) +3.5% at $0.74, may end higher for first time this week, as China-based water treatment firm signs agreement for its biggest ever build-operate-transfer project to construct, run plant in Jiangsu Province’s Lianyungang City, according to Dow Jones.
Total investment estimated at RMB1.38 billion ($277 million), with concession period of 30 years, giving company long-term income stream. Sound Global expects contract to contribute to earnings from this year. Project comes as investors still disappointed by company’s recent decision to shelve Hong Kong dual-listing plan.
Current gains accompanied by modest volume, suggesting underlying demand remains subdued. This week’s $0.775 high may cap upside.
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Mainboard-listed Broadway Industrial Group, the manufacturer of precision-machined components and moulded foam plastic products, announced today a 34.9% y-o-y rise in PATMI (Profit After Tax and Minority Interests) to $10.3 million for the quarter ended 30 June 2010 (2Q2010) from $7.7 million a year ago.
Broadway says the group’s PATMI included a non-operational and unrealised mark-to-market forex charge of $2.9 million in 2Q2010 compared to $0.3 million in 2Q2009. Adjusted for these charges, Broadway would have recorded PATMI of $13.2 million in 2Q2010, representing a 65.0% y-o-y increase from $8.0 million in 2Q2009.
Comrade Duch was sentenced on July 26 to 35 years in jail at the UN-backed war crimes tribunal. He was the former head of the Khmer Rouge’s notorious torture and execution prison.
Singapore June CPI likely +3.5% on-year vs +3.2% in May as private transport costs continued rising, according median forecast of Dow Jones Newswires poll of five economists.
KSH Holdings, the construction, property development and property management group, today announced net profit for the full year ended March 31, 2010 (FY2010) jumped 34.6% y-o-y to $18.3 million on lower construction costs and an improvement in average gross margin in the group’s core construction business to 11.7% from 9.1% in FY2009.
