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Sim Lian records 30% drop in profit in Q2

Net profit decreased to $35.16 million, or 4.1 cents per share, from $52.13 million, or 6.1 cents per share. -AsiaOne - AsiaOne

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>> MY MONEY

		Singapore unveils planned OTC derivative shake-up Interest rate swaps, FX NDFs might be centrally cleared.

		Cupid targets the Fed with early Valentine tweets The US central bank and many economists who spend countless hours monitoring its decisions began their Valentine's Day flirtations a bit early.

		Employers concerned over higher CPF contribution rates Raising employers' CPF contribution rates would result in higher business costs.

		DBS Q4 profit up 8%, posts record annual profit Annual profit of $3.04 billion the highest ever.

		Singapore to announce detailed Q4 GDP data on Feb 16 Most economists expect the final GDP numbers to show an improvement over preliminary figures. -Reuters


>> OFFICE

		Over 500 jobs expected from new Rolls-Royce facility 80 to 90 per cent of these jobs are expected to be filled by Singaporeans.

		High flyer Ling is currently the only Malaysian captaining an A380 with Emirates. -The Star/ANN

		Hong Kong warns of labour shortage Hong Kong would need a labour force of 3.6 million in six years to meet demand.

		First Google hire leaving for online academy Craig Silverstein is departing the California company to devote himself to online education. -AFP

		Revealed: Salaries, bonuses of Facebook's top execs In a mandatory regulatory filing with the SEC, it was revealed how much Mark Zuckerberg and fellow execs are paid.


>> SME CENTRAL

		Top 10 companies with the best corporate reputation When it comes to how Singaporeans perceive companies, it boils down to how they are treated.

		Tax breaks at top of mid-level corporates' wishlist This came out tops in a survey before next week's Budget.

		Healthzone write-off hits Eu Yan Sang TCM retailer group posts net loss of $2.78m for second quarter. -BT

		Why SMEs don't bite the productivity carrot Govt urged to refine schemes which some are finding too 'micro-targeted'. -BT

		Six steps to global sales success Focus on what's important - any sales team needs to spend more of its time selling, and less on distractions. -BT

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