Monday, June 30, 2008

Business: ANTARA - The News Agency of Indonesia needs investor

Success with us!

Hi..
ANTARA - News Agency of Indonesia invites you to invest to our Multimedia Gateway Project to develop our website (www.antara.co.id) and more.
For more details, please send me email (eri@antara.co.id) Thanks!

Eri Supriyadi

Head Office
Wisma ANTARA Lantai 18, 19, 20
Jl. Medan Merdeka Selatan No. 17, Jakarta 10110
P.O. BOX Jakarta 10012
Fax/Phone: 62-21-3522178

Technology: Eurofighter Typhoon Begins Air Surveillance in Austria

Hallsbergmoos and Graz (ANTARA News/PRNewswire-AsiaNet) - As of 01 July, Eurofighter Typhoon will take over the protection of Austrian airspace under the leadership of the Joint Armed Forces Command, Graz, and the Air Surveillance Command, Wals, of the Austrian military.

The Republic of Austria became the first export customer for Eurofighter Typhoon following selection of the type in 2003. The Austrian Air Force will receive a total of 15 Eurofighter Typhoon aircraft up to 2009, all of which will be stationed with the Air Surveillance squadron at Zeltweg, Steiermark.

The first of the 15 aircraft was accepted into the squadron on 12 July. In just eleven months since then, fully armed Eurofighter Typhoons have been patrolling the skies over the Austrian host stadiums during the Euro2008 football championships, securing the airspace together with other aircraft types and ground-based support, therefore guaranteeing security at the venues.

Aloysius Rauen, CEO Eurofighter GmbH, commented: "The fact that Austrian Eurofighter Typhoons have, after an internationally comparably short preparation time, reached the stage where they are ready to take on their mission spectrum, speaks volumes for the training and dedication of the air and ground crews assigned to the weapon system. This achievement deserves full recognition and I would like to therefore congratulate the Austrian Air Force.

"At the same time, this underlines the platform flexibility of our weapon system. Eurofighter Typhoon was developed to be able to take on a range of missions for the lowest operational costs. Clear investment in infrastructure, technology and above all personnel, aligned with an intelligent logistics support concept, is what has made the swift transition to a mission ready status in Austria possible.

"Today, as Eurofighter Typhoon takes on the responsibility for airspace protection over Austria together with other systems, it is a reason for the consortium and partner companies to be more than satisfied."

Since the start of June, Fighter Wing 74 of the German Air Force has placed Eurofighter Typhoon on NATO Quick Reaction Alert duties for Southern Germany, from their Main Operating Base in Neuburg/Donau. Italy and the United Kingdom have had Eurofighter Typhoon aircraft assigned to QRA operations since 2005 and 2007 respectively. In addition, XI Squadron of the Royal Air Force has, over May and June this year, participated in Exercise Green Flag in the United States, resulting in the declaration that Eurofighter Typhoon is, following the integration of the Litening III laser designator pod, mission ready for multi-role air-to-surface operations. Two sorties per day with the release of up to six laser-guided Enhanced Paveway II bombs per aircraft has proven Eurofighter Typhoon's swing-role capability.

Since Entry-into-Service in Spring 2004, 147 Eurofighter Typhoon aircraft have been delivered to ten units across five Air Forces. 707 weapon systems have been ordered by six nations following the 72 on order for the Kingdom of Saudi Arabia, with deliveries due to begin in 2009. More than 47,000 flying hours have been amassed between the Air Forces and the Test and Evalution fleet (end of June 2008).

Eurofighter Typhoon is the world's most advanced new generation swing-role combat aircraft available on the market and has been ordered by six nations (Germany, Italy, Spain, United Kingdom, Austria and the Kingdom of Saudi Arabia). With 707 aircraft under contract, it is Europe's largest military collaborative programme and delivers leading-edge technology, strengthening Europe's aerospace industry in the global competition. More than 100,000 jobs in 400 companies are secured by the programme. Eurofighter Jagdflugzeug GmbH manages the programme on behalf of the Eurofighter Partner Companies Alenia Finmeccanica, BAE Systems, EADS CASA and EADS Deutschland, Europe's foremost aerospace companies with a total turnover of EUR60.7 billion (2006).

High Resolution images of the Eurofighter Typhoon can be downloaded from our web site. Hard Copy images are available on request.
http://www.eurofighter.com/medialibrary
Blog: http://www.eurofighter.com/po_bl.asp

For more information:
Wolfdietrich Hoeveler
Vice President Communication
Eurofighter GmbH
+49-811-801-555 (Office)
+49-172-832-9751(Mobile)
wolfdietrich.hoeveler@eurofighter.com
Phillip Lee
External Communications
Eurofighter GmbH
+49-811-801-587
phillip.lee@eurofighter.com
Source: Eurofighter GmbH

Technology: EUROJET delivers 100th Tranche 2 EJ200 engine

Hallsbergmoos (ANTARA News/PRNewswire-AsiaNet) - EUROJET Turbo GmbH has delivered the 100th Tranche 2 EJ200 engine to the customer. The engine was assembled by Rolls-Royce, the British partner company in the EUROJET consortium, in Bristol, UK. All EJ200 engines are being assembled at different production sites of the four leading European engine manufacturers Avio (Italy), ITP (Spain), MTU Aero Engines (Germany) and Rolls-Royce (UK).

The production of Tranche 2 EJ200 engines is progressing in line with established plans of the overall Eurofighter Typhoon programme. This second production batch will ensure production continuity until 2012.

EUROJET Turbo GmbH is contracted to produce more than 1,500 EJ200 engines to power a total of 707 Eurofighter Typhoon multi-role combat aircraft.

NOTES TO EDITORS:
EUROJET Turbo GmbH is the leading European military engine consortium responsible for the management of the development, production, maintenance, support and export of the new generation EJ200 engine.

The shareholders of EUROJET Turbo GmbH are Avio (Italy), ITP (Spain), MTU Aero Engines (Germany) and Rolls-Royce (UK). The EJ200 engine combines the leading technologies from each of the four companies. The engine has been designed to fulfill the most demanding requirements (excellent performance, optimum maintainability and low life-cycle costs) for the next generation of multi-role fighter and trainer aircraft.

PRESS CONTACT:
Jessica Schulte
Executive PR and Political Affairs
EUROJET Turbo GmbH
Lilienthalstr. 2b
85399 Hallbergmoos
Germany
Tel: +49(0)811-55-05-165
Fax: +49(0)811-55-05-150
E-Mail: j.schulte@eurojet.de
http://www.eurojet.eu
SOURCE: EUROJET Turbo GmbH

Business: Caterpillar announces plans to build small-sized hydraulic excavators in China

Caterpillar continues to make major capital investments in China

Beijing (ANTARA News/PRNewswire-AsiaNet) - Caterpillar Inc. (NYSE: CAT) announced today plans to build world-class small-sized (less than 20 tons) hydraulic excavators in Nanjing, Jiangsu province, China. This facility fits into Caterpillar's China and emerging markets, strategy, and it will be a key element of the company's worldwide excavator manufacturing footprint. The announcement follows the signing of an investment agreement between Caterpillar and Jiangning Science Park Administrative Committee (JSPAC). The proposed facility will be located in the Jiangning Science Park district (JSP) and wholly owned and operated by Caterpillar.

"This facility will add to Caterpillar's growing operations in China and provide the primary manufacturing source for Caterpillar small-sized hydraulic excavators for China," said Tom Bluth, Caterpillar Vice President, who is based in Beijing and has responsibility for Asia Pacific manufacturing operations. "I would like to thank JSPAC for its support as we have worked to choose the best location for this new facility. This site offers Caterpillar a business friendly environment with excellent access to transportation facilities, established suppliers and a skilled workforce," Bluth said.

The proposed facility will be located on 37 acres (150,000 square meters) of land in the JSP, and Caterpillar intends to begin construction of the 365,000 square foot manufacturing building in early 2009 pending appropriate governmental approvals.

"The plans to build this hydraulic excavator manufacturing facility in Nanjing further demonstrate Caterpillar's commitment to China," said Mary Bell, Caterpillar Vice President with responsibility for the Building & Construction Products Division. "Our customers in China are demanding a greater variety of construction equipment, and as a result, the small machine market is growing rapidly," she added. "This new investment will enable Caterpillar to provide our customers in China with the world's best products and services."

The small-sized hydraulic excavator facility in Nanjing is the most recent example of Caterpillar's expanding manufacturing presence in China. Caterpillar core products manufactured in China include: hydraulic excavators, track-type tractors, motor graders and paving products, wheel loaders, large diesel engines used primarily for marine and power generation applications, and generator sets for use in China and the Asia Pacific region. Caterpillar also manufactures components at several facilities in China.

Today, Caterpillar has 16 operations -- both joint venture and wholly owned businesses -- in China. Caterpillar has developed a strong supply base, which fits well with its operations and investment strategy. Team Caterpillar is also growing rapidly in China. By the end of this year, Caterpillar will employ over 7,000 people. The company distributes its products through five independent dealers, which offer customers throughout China the best-in-class service and support that have made Caterpillar a global leader.

For more than 80 years, Caterpillar Inc. has been making progress possible and driving positive and sustainable change on every continent. With 2007 sales and revenues of $44.958 billion, Caterpillar is the world's leading manufacturer of construction and mining equipment, diesel and natural gas engines and industrial gas turbines. The company also is a leading services provider through Caterpillar Financial Services, Caterpillar Remanufacturing Services, Caterpillar Logistics Services and Progress Rail Services. More information is available at http://www.cat.com.

SAFE HARBOR
Certain statements in this release relate to future events and expectations and as such constitute forward-looking statements involving known and unknown factors that may cause actual results of Caterpillar Inc. to be different from those expressed or implied in the forward-looking statements. In this context, words such as "will," "expect," "anticipate" or other similar words and phrases often identify forward-looking statements made on behalf of Caterpillar. It is important to note that actual results of the company may differ materially from those described or implied in such forward-looking statements based on a number of factors and uncertainties, including, but not limited to, changes in economic conditions; currency exchange or interest rates; political stability; market acceptance of the company's products and services; ability to successfully integrate and obtain anticipated synergy from acquisitions and strategic alliances; significant changes in the competitive environment; epidemic diseases; changes in law, regulations and tax rates; and other general economic, business and financing conditions and factors described in more detail in the company's Form 10-Q filed with the Securities and Exchange Commission on May 2, 2008. This filing is available on our website at www.cat.com/sec_filings.

We do not undertake to update our forward-looking statements.

SOURCE Caterpillar
CONTACT: Kate Wang of Caterpillar (China) Investment Co., Ltd.,
(86-10) 5921 0112,
Mobile (86) 1350 108 4027,
wang_kate@cat.com
Web site: http://www.CAT.com

Technology: GraphOn partners with Soft Solutions to distribute to distribute software in New Zealand

GO-Global provides instant web-enabled and cross-platform access to windows applications from any location, llatform and operating system

Santa Cruz, Calif. (BUSINESS WIRE) - GraphOn Corporation (OTCBB:GOJO), a leading worldwide developer of thin-client application publishing and Web-enabling solutions, today announced that it has signed a software distribution agreement with Soft Solutions Limited to distribute GraphOn's GO-Global for Windows software throughout New Zealand.

GO-Global is a fast and affordable remote application delivery solution that provides secure, Web-enabled access to centrally-running Windows applications from any platform and operating system, including UNIX, Linux, Mac OS X, Windows, Windows Mobile, and Pocket PC. With GO-Global server-based computing, there is no need to modify existing applications for the Web or deploy complex infrastructure such as Microsoft Windows Terminal Server or Citrix.

"New Zealand has a very high adoption rate of thin-client technologies," said Paul Leslie, Business Development Manager at Soft Solutions. "Our market has matured to the point where people now understand that Citrix and Terminal Server are not a cure for every scenario. Thanks to GO-Global's simplicity, low overhead, performance, and concurrent licensing model, we feel confident that the solution will find ready acceptance in the New Zealand market.""As a successful distributor with a 12-year track record, Soft Solutions will focus on educating and supporting its well-established reseller channel on the benefits of our GO-Global technology," noted Tom Castanzo, GraphOn's Business Development Director. "We are pleased to announce this distribution agreement and look forward to a mutually-successful partnership.""We see GO-Global's potential in the New Zealand market in two ways," concluded Leslie. "Firstly, as a solution for the SMB market delivering core business applications to remote and mobile workers, and secondly, as a vertical solution for larger organizations to deliver specific applications via the Internet."About Soft Solutions Limited Soft Solutions distributes computer hardware and software products to resellers throughout New Zealand. The company specializes in the areas of security, network management and storage, with an emphasis on non-mainstream and emergent software solutions. For more information, call +64.9.306.0450 or visit www.sofsol.co.nz.

About GraphOn Corporation

GraphOn Corporation is a publicly-traded company headquartered in Santa Cruz, California. For over a decade, GraphOn has been an innovator of cost-effective, advanced solutions that help customers access applications from anywhere. GraphOn's high-performance software provides fast remote access, cross-platform connectivity, and a centralized architecture that delivers a dramatically lower cost of ownership. The company's solutions run under Microsoft (MSFT) Windows, Linux and UNIX, including Sun (JAVA) Solaris, IBM AIX, Hewlett-Packard (HPQ) HP-UX, and others.

For more information, call 1.800.GRAPHON or visit www.graphon.com.

This press release contains statements that are forward looking as that term is defined by the United States Private Securities Litigation Reform Act of 1995. These statements are based on current expectations that are subject to risks and uncertainties. Actual results will differ due to factors such as shifts in customer demand, product shipment schedules, product mix, competitive products and pricing, technological shifts and other variables. Readers are referred to GraphOn's most recent periodic and other reports filed with the Securities and Exchange Commission.

GraphOn and GO-Global are registered trademarks of GraphOn Corp. All other trademarks belong to their respective owners.
GraphOn Corporation
John Dilworth, 1-800-GRAPHON
www.graphon.com

Technology: Silver Jubilee celebrations for APLF - materials, manufacturing and technology 2009

Hong Kong (ANTARA News/PRNewswire-AsiaNet) - This is the 25th year of this important exhibition -- widely accepted as being the premier event for all those engaged in the business of making leather. Over the three day period - March 31 to April 2, 2009 -- those attending, both exhibitors and buyers, enjoy a 'once-a-year' opportunity to catch up with what is new, view the latest trends, meet new business partners, and exchange industry gossip. There is no trade show more highly regarded, or better attended, than APLF -- Materials, Manufacturing & Technology (MM&T).

The previous event, which ran over precisely the same dates earlier this year, played host to over 1,120 exhibitors from 56 countries and regions who, in turn, made welcome the 19,500 plus buyers from almost every country in the world.

Even at this early stage the prospects for 2009 indicate similar, if not slightly higher numbers across both exhibitors and buyers alike. And, as in previous years, MM&T will run concurrently with the hugely successful Fashion Access exhibition which features handbags, footwear, travelware, leather goods and fashion accessories of all kinds.

Those who have attended MM&T over the past couple of years will have put up with some slight inconvenience while an extensive expansion programme of the Hong Kong Convention and Exhibition Centre (HKCEC) was under way. The good news is that these works will be almost completed in March 2009 and access between the various halls and exhibition areas will be much easier.

The synthetic materials, components and accessories sectors of MM&T will move from Hall 3 to the Grand Hall and Hall 2, placing them on the same level as the leather sector.

2009 will again feature a wide ranging programme of seminars and special trend forecasting areas - in materials, design and colours for the forthcoming seasons. For exhibitors there will be the opportunity to compete in the coveted 'Best of APLF' Awards.

APLF - Materials, Manufacturing and Technology in 2009 promises to be the biggest, most comprehensive and successful exhibition in the series. A fitting result for 25 years of bringing the world's leather sector together under one roof.

APLF Limited

17/F China Resources Building
26 Harbour Road, Wanchai, Hong Kong
Tel: (852) 2827 6211
Fax: (852) 2827 7831
Website: www.aplf.com

SOURCE APLF Limited

CONTACT: Fair details:
Ms Perrine Ardouin, Senior Event Manager,
perrine@cmpasia.com,
Media:
Ms Jean Lai, Senior Marketing Communications Executive,
jeanlai@cmpasia.com
Web site: http://www.aplf.com

Business: Kellogg acquires assets of China biscuit maker Zhenghang Food Co

Battlecreek, Mich., (ANTARA News/PRNewswire-AsiaNet) - Kellogg Company today announced that one of its majority-owned subsidiaries has acquired substantially all of the assets of Zhenghang Food Company Ltd. ("Navigable Foods"), a manufacturer of cookies and crackers in the north and northeastern regions of China.

Terms of the transaction were not disclosed. Navigable Foods' 2007 net sales were approximately $50 million.

"Geographic expansion in high-growth markets like China will help Kellogg Company continue to deliver sustainable growth," said David Mackay, president and chief executive officer, Kellogg Company. "Navigable Foods' biscuit products are a strong, strategic fit within the Kellogg portfolio and will further build our presence in China."

Founded in 1993, Navigable Foods is one of the major biscuit manufacturers in China, providing consumers with a large variety of cookie and cracker products under the ZhengHang brand.

Navigable Foods' approximately 1,800 employees, including the company's management team, will join a majority-owned subsidiary of Kellogg Company. The acquisition includes two manufacturing facilities located in Yishui county, Shandong province, and Fushun city, Liaoning province, as well as the company's sales and distribution network. Kellogg Company is the first Fortune 500, multinational company to invest in Yishui county, where Navigable Foods' main plant is located. The business will continue to be headquartered in the city of Qingdao, Shandong province, and will report into Kellogg Company's Asia Pacific business unit.

Kellogg will leverage its brand-building and innovation expertise, its understanding of the biscuit category, as well as Navigable Foods' existing manufacturing, sales and distribution infrastructure, to drive continued strong growth of this business.

Recently, Kellogg's Corporate Citizenship Fund (KCCF), the charitable arm of the company, made a $250,000 donation to the American Red Cross, designated to support the earthquake relief efforts of its sister organization, the Red Cross Society of China (RCSC).

With 2007 sales of nearly $12 billion, Kellogg Company (NYSE: K) is the world's leading producer of cereal and a leading producer of convenience foods, including cookies, crackers, toaster pastries, cereal bars, frozen waffles and meat alternatives. The company's brands include Kellogg's(R), Keebler(R), Pop-Tarts(R), Eggo(R), Cheez-It(R), Club(R), Nutri-Grain(R), Rice Krispies(R), Special K(R), All-Bran(R), Mini-Wheats(R), Morningstar Farms(R), Famous Amos(R), Ready Crust(R) and Kashi(R). Kellogg products are manufactured in 18 countries and marketed in more than 180 countries around the world.

For more information, visit the Kellogg Company website at www.kelloggcompany.com .

SOURCE: Kellogg Company
CONTACT: North America Media:
Kris Charles,
+1-269-961-3799,
Europe Media:
Paul Fitzsimmons,
+353-1-883-0604,
Asia Media:
Lydia Shen,
+86 21 2405 0182,
Analyst:
Joel Wittenberg,
+1-269-961-2078,
all of Kellogg Company
COMPANY NEWS ON-CALL: http://www.prnewswire.com/comp483375.html
WEB SITE: http://www.kelloggcompany.com

Business: Engineering outsourcing market to hit US $40 bl: Frost & Sullivan

Mumbai, India (BUSINESS WIRE) - India holds a relatively strong position in the global Engineering Services Outsourcing (ESO) market, with a potential of US $40 billion by 2015. India's strengths lie in the automotive, aerospace and hi-tech telecom sectors accompanied by a large talent pool and experience in this field. The growth in engineering services signifies the need for global companies to expand their R&D centers beyond their home countries.

Another attractive factor for these global manufacturers is low labor cost along with quality, one of the main reasons that makes India a major outsourcing destination.

Indian engineering service providers are technically proficient and have a fervent eye for detail ensuring that service levels remain better than competing countries. Most of the Indian engineering services providers are at par with competition and offer an array of services, which include computer aided design (CAD), computer aided manufacturing (CAM), computer aided engineering (CAE) while vertical specific engineering services companies provide product life cycle management solutions, reengineering and design change management, too.

To target the maximum potential from engineering service providers and automotive manufacturers, there is a need to address key issues like quality manpower, low cost services and put India on the global market as an engineering service provider. Frost & Sullivan is organizing a two-day high-powered MindXchange to address these issues through its summit "Opportunities in the Automotive Engineering Services Outsourcing Market" to be held on the 11th and 12th August, 2008 at the Leela, Goa.

The summit seeks to understand and discuss the growth needs of companies in the engineering services outsourcing as well as the automotive industry by fostering common understanding of business needs and opportunities that could lead to business partnerships. This forum endeavors to nurture strategic business decisions by bringing together key decision makers and thought leaders from the domestic and international automotive industry and engineering services companies.

Eminent speakers such as, Dr. Arun Jaura, Mahindra & Mahindra; Tarak Balaji, Delphi; Vivek Narayanan, Pierburg; S. D. Pradhan, Argentum Motors; and senior representatives from Satyam Ventures, BMW and many more are expected to be present at the summit.

Satyam Ventures is the event partner and Auto Monitor, Autocar Professional, Dataquest and The Machinist are the media partners for the event.

About Frost & Sullivan:"We Accelerate Growth" ? Frost & Sullivan Frost & Sullivan, the Growth Partnership Company, partners with clients to accelerate their growth. The company's TEAM Research, Growth Consulting and Growth Team Membership empower clients to create a growth-focused culture that generates, evaluates and implements effective growth strategies. Frost & Sullivan employs over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 30 offices on six continents. For more information about Frost & Sullivan's Growth Partnerships, visit http://www.frost.com.

Frost & Sullivan Corporate Communications ?
South Asia: Ravinder Kaur, +91-44-4204 4760 Fax: +91-44-2431 4264 ravinder.kaur@frost.com or Corporate Communications ?
South Asia and Middle East:Nimisha Iyer, +91 22 4001 3404 Fax: +91 22 2832 4713 niyer@frost.com

Technology: UzoneMedia partners ComfortDelGro to launch iCabTV

Singapore and Sunnyvale, Calif., (ANTARA News/Xinhua-PRNewswire-AsiaNet) - UzoneMedia Inc. celebrated the commencement of its partnership with ComfortDelGro, leading taxi operator in Singapore for the launch of UzoneMedia's iCabTV network.


UzoneMedia and ComfortDelGro's taxi company, Comfort Transportation, have signed a definitive agreement which grants UzoneMedia the exclusive rights to operate touch-enabled LCD based infotainment systems in ComfortDelGro taxis in Singapore effective immediately.

This marks UzoneMedia's first direct involvement in Singapore's media market and its first direct investment in proprietary digital media network.

UzoneMedia's iCabTV will be installed in ComfortDelGro taxis in stages over the next few months.

With at least 1,000 ComfortDelGro taxis expected to carry the system by fourth quarter of 2008, iCabTV will reach more than 30,000 affluent consumers, business professionals, and tourists across Singapore on a daily basis.

Said Mr Jim Chuang, CEO of UzoneMedia: "UzoneMedia's iMMN platform will revolutionize the way commuters ride taxis. iCabTV, is an infotainment platform that aggregates content, commerce and services.

"Our platform, has the ability to push contents intelligently based on the location of the taxis and time of day, allows marketing messages to reach our target audience more effectively.

"In addition, the LCD touchscreens installed in the taxis display interactive contents that engage the passengers, thus making content impression last even longer.

"Finally, all of our iCabTV screens in the taxis are networked together via 3.5G technology that allows us to deliver media contents to thousands of mobile LCD touch panels efficiently and effectively."

Mr Chuang added: "ComfortDelGro has always been known for its commitment to providing high level services.

"It has distinguished itself not only as the leading taxi operator in Singapore, but also as a global leader in public land transport. This assures a consistent, continuous, high quality demographic for the advertisers on iCabTV Network and so we made ComfortDelGro the natural choice for our launch into the Singapore market."

Said Mr Yang Ban Seng, ComfortDelGro CEO (Taxi Business): "We are delighted to be working with UzoneMedia and their partners.

"Their experience in digital media and unique understanding of building, managing and maintaining digital media networks allows us to have the confidence that this partnership and iCabTV will further enhance the taxi experience for our commuters."

UzoneMedia's iCabTV platform supports a wide range of digital formats such as JPEG pictures, Flash animation to full motion DVD quality video, all with stereo sound. Clients can choose spot durations ranging from 15 to 60 seconds or longer, and campaigns between one week to three months.

Commenting on the significance of the launch, Mr Chuang said, "It is an exciting time for outdoor media in Singapore.

Through the iCabTV network, our company is poised to take advantage of the rapid changes in wants, needs and expectations of clients, passengers and transport operators to enrich their experience. This marks the first step in UzoneMedia's strategy to emerge as the dominant operator of digital media networks for out-of-home media in Singapore."

UzoneMedia is a privately held corporation founded in 2006, it is shaping the future with its vision and leadership in iCabTV(TM) - a location- and time-based targeted infotainment platform that allows the aggregation and convergence of media contents, commerce, and services over public wireless infrastructures.

iCabTV is a unique platform capable of reaching out to a broad new captive audience.

ComfortDelGro is the world's second largest land transport company with a total fleet size of more than 41,000 buses, taxis and rental vehicles.

It operates in seven countries - Singapore, China, the United Kingdom, Ireland, Australia, Vietnam and Malaysia - giving it the broadest footprint amongst its international peers.

Currently, overseas ventures account for 44% of Group turnover. The Group aims to derive 70% of its total turnover from overseas within the next five to seven years.

For more information, please contact:
William Hang
VP Marketing & Business Development
UzoneMedia Pte Ltd
Tel: +65-6741-1989 ext.201
Email: william@uzonemedia.com
Tammy Tan
Group Corporate Communications Officer
ComfortDelGro Corporation
Tel: +65-6383-8021 or +65-9683-0732
Email: tammytan@comfortdelgro.com
Yvonne Tang
Manager
Group Corporate Communications
ComfortDelGro Corporation
Tel: +65-6383-7355 or +65-9754-7670
Email: ytang@comfortdelgro.com
SOURCE: UzoneMedia Pte Ltd

Business: Frost & Sullivan hosts Asia Pacific summit on contact centers

Competitive Differentiation - a top priority for contact centers industry thought leaders from the region elucidate on the evolving trends in customer service at the 3rd annual Frost & Sullivan customer contact Asia Pacific summit

Manila, Philippines - The Asia Pacific region is one of the fastest growth regions in the world for contact centers.

The booming economies of India and China continue to see a surge in new contact center setups across different sectors.

Together the high-growth markets, namely, India, China, the Philippines and Malaysia contributed over 35.9 per cent of the total market seats in 2007 and this is expected to increase to 53.3 per cent of the total market seats by 2013.

Frost & Sullivan's exclusive executive MindXchange summit, the 3rd Annual Customer Contact Asia Pacific Summit, which starts today, highlights on the people, processes and technology that deliver customer satisfaction and excellence in the contact center industry.

Shivanu Shukla, industry manager at Frost & Sullivan comments: "The increasing importance on customer service placed by enterprises, together with the rising competition, impact of the internet, changing customer demographics and the rapidly changing customer communications landscape has made enterprises rethink their customer service strategies.

"This has caused a shift in priorities of contact centers from mere cost-effectiveness and revenue-optimisation to competitive differentiation," adds Shukla.

According to Frost & Sullivan research, Asia Pacific region will continue to witness strong growth in coming years.

In 2007, the number of contact center seats in Asia pacific were over 1.55 million seats and this is expected to reach about 3.06 million seats by 2016 with a compound annual growth rate (CAGR) of 12.4 per cent.

Banking financial services and insurance (BFSI) and telecom & IT enterprises are leading adopters of contact centers in the region.

Owing to their vast customer base and need for differentiated service due to strong competition, these sectors are expected to be one of the leading contributors to the contact center market by 2013, growing at a CAGR of 8.5 per cent and 10.1 per cent respectively in the 2006-2016 period.

The two-day executive MindXchange program, has several interesting topics including next-generation contact centers, the art of customer service differentiation, customer service in the internet world, hosted contact center, a case study on the growth story of Philippines BPO industry, evaluating the efficiency and effectiveness of the contact center and many more.

Besides the panel discussions and thought-leader's presentations, the summit has four think-tank sessions.

Topics include defining the new set of customer expectations, handing top industry challenges, optimum use of technology for call centers and extending the contact center into the enterprise.

Think-tank is an innovative forum where the participants can brain-storm on key challenges and concerns faced by them with the thought-leader.

The contact center industry in Asia Pacific continues to grow strongly on the back of offshoring and outsourcing activities; however, there has also been a surge in domestic demand from the fast growing Asian economies which is proving to be the next driver for growth.

The summit features prominent industry speakers from AIG Consumer group, Aspect Global Services, Avaya, Business Processing Association of Philippines, Consilium Software Inc, Hong Kong Contact Centre Association, Multimedia Development Corporation (MDeC)of Malaysia, NICE Systems, Shangri-La Hotels & Resorts, PacNet, IBM Daksh, TeleTech, WinSource along with Frost & Sullivan senior industry analysts.

The summit is supported by MDeC, Avaya, Aspect, Nice, Consilium and Plantronics. Regional associations endorsing the summit are the Business Processing Association Philippines (BPAP), Hong Kong Call Center Association (HKCCA), and Indonesia Call Center Association, (ICCA).

Business World is the newspaper partner while, Computerworld Philippines, Enterprise Innovation, PC Magazine, Enterprise and BPO Times are the official media partners for the summit.

For more information, please visit www.frost-ccap.com.

About Frost & SullivanFrost & Sullivan, the Growth Partnership Company, partners with clients to accelerate their growth. The company's TEAM Research, Growth Consulting and Growth Team Membership empower clients to create a growth-focused culture that generates, evaluates and implements effective growth strategies.

Frost & Sullivan employs over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 30 offices on six continents.

For more information about Frost & Sullivan's Growth Partnerships, visit http://www.frost.com.

Frost & Sullivan Corporate Communications ? Asia PacificSurbhi Dedhia, +65-6890-0926 surbhi.dedhia@frost.com or Neethiya Sadagopal, +65-6890-0966 neethiya.sadagopal@frost.com

Sports: Golf Australia tees iIt up with Boyden in search for new CEO

Top global executive search firm to partner with GA to usher in new leadership for organisation representing 440,000 golfers

Melbourne, Australia - Golf Australia (GA) has announced that Boyden global executive search has been selected to search for a new Chief Executive Officer. The new CEO will report to a six member board and succeed GA Chairman Anne Lenagan, who was named Interim CEO earlier this month.

The search will be led by Michael Catlow, Managing Director of Boyden Melbourne, in partnership with Anne Stuckey, a Managing Director of Boyden Sydney, Rob Storey, Managing Director Boyden Auckland, and Elisabeth Straub, Associate Partner of Boyden Zurich.

"The selected CEO of Golf Australia will have a terrific opportunity to take a high profile organisation to a new level," said Mr Catlow. "The new leader will inspire and implement the strategic vision for golf in Australia, combining the strengths of the sports and entertainment industries as well as spearheading alliances with prominent nationwide and global groups."

Mr Catlow brings extensive experience in international management recruitment, including a stellar track record of completing 400 sport industry assignments. His previous placements include CEO Australian Sport Commission, CEO World Masters Games, CEO World Bowls, CEO Basketball Australia, CEO Wheelchair Sports, CEO of the Victorian Olympic Council and Head Coach All England Netball.

The Golf Australia CEO will lead a management team comprised of five key functional areas including Commercial Operations and Marketing; Game Development, Championships, National Elite Development/High Performance and Administration/Finance.

About Golf Australia Golf Australia is the peak body responsible for the leadership, marketing, promotion and development of amateur golf throughout Australia from grassroots through participation, golfing pathways, elite development and the Australian Golf Opens. GA was formed in 2006 following the amalgamation of Women's Golf Australia (WGA) and the Australian Golf Union (AGU). Golf Australia has approximately 440,000 affiliated golfers.

About Boyden World Corporation Boyden is a global leader in the executive search industry with more than 70 offices in 40 countries. Founded in 1946, Boyden specializes in high level executive search, Interim Management and Human Capital consulting across a broad spectrum of industries. For further information, visit the firm's website at www.boyden.com.

Boyden World Corporation Michael Catlow, +61 (3) 9614 7222 or
Dan Margolis, +1-310-395-3955

Environment: Say No to Plastic Bags: giant bag monsters to descend on shoppers

LUSH Cosmetics launches national campaign to ban plastic bags

Sydney - /Medianet International-AsiaNet/ - Wellington, Auckland, Christchurch - campaigning for a ban on plastic shopping bags in all cities throughout New Zealand and Australia, LUSH Fresh Handmade Cosmetics is sending giant bag monsters to descend on lunchtime shoppers, urging them to swap their plastic shopping bags for a free, reusable, eco-friendly tote bag. Each bag monster, which resembles a walking, talking plastic landfill heap, is made of 350 plastic bags - the amount of bags an average family of four (4) will use in just three months. Other protestors will be holding placards that read Starve the bag monster - ban plastic bags! while handing out educational leaflets to passers-by.

Date:Wednesday, 2 July 2008
Time:Noon sharp
Location:
outside Lush Old Bank Wellington, Shop LG 1.5
Old Bank Arcade Lambton Quay
Queen St Auckland, Shop 1 Ground floor Landmark
House 189 Queen St Auckland, and;
Cashel Mall Christchurch, Shop 110 Cashel St, Cashel Mall
Christchurch.

Why does LUSH want to trash plastic bags? New Zealanders use approximately 1 billion petroleum-based shopping bags each year. Plastic makes up 7% of New Zealands waste stream by weight and plastic bags just seem to be everywhere - they litter our streets, they harm the environment, and they kill wildlife. While plastic bags get used for less than an hour, they can take up to 1,000 years to break down in the environment.

LUSH is proud of its policy against plastic carrier bags and we want to see Government, other retailers, and our customers support a campaign to get them out of our cities. Starting 2 July 2008 customers can come in-store to find out more information and sign a petition to the Environment Protection and Heritage Council, urging them to ban plastic bags and promote the only truly sustainable alternative - reusable canvas tote bags. A national petition will also go live on Animals Australias website for customers who want to take part but do not live close to a LUSH store.

Similar initiatives have been successful around the world. This month China imposed a tax on single use plastic bags and banned them from all public transportation, including buses, trains and planes and from airports and scenic locations. In April 2008, South Australia announced a ban of plastic bags from large supermarkets, while last year San Francisco banned plastic bags from all supermarkets and pharmacies and the Irish government introduced a plastic bag tax that has slashed consumption by over 90%. Paris, Great Britain, Tanzania, South Africa, Taiwan, and others have all banned or are moving towards reducing the use of plastic bags.

Campaigning against plastic bags is a natural extension of LUSHs work in leading retailers to tackle waste. Over 50 percent of LUSH products are sold to the customer naked, with no packaging at all, and the company has recently become the first major cosmetics retailer to switch over to manufacturing using only 100% recycled plastic bottles and containers.

While single-use plastic bags are given away to customers for free, its always the environment that pays the true cost of our disposal culture, says Mark Lincoln, Managing Director Lush Australasia Retail Pty Ltd. The two things people should take when shopping are their wallets and their reusable tote bag.

He added We hope that New Zealand residents will join us in encouraging Environment and Green Leaders to ban plastic bags in the countries cities. Christchurch City Council has been using a kerbside method of recycling bags since 2004, we want to see these types of initiatives taken steps forward.

- ends -
Media Contact: Casey Weathers (Lush press office): +61 (0) 417 479 123; casey@lush.com.au

Notes to editor: * In conjunction with the naked Campaign and to encourage a fair trade, cotton canvas reusable bag. This 100% cotton canvas bag is made by socially disadvantaged women in India using natural textiles.

* LUSH has never used plastic carrier bags, and has just replaced its remaining small plastic bags used to package
individual pieces of product with 100% recycled paper bags.
* LUSH products are handmade in Australia using fresh fruit and vegetables and the finest essential oils. Our products are: 100% vegetarian / 74% vegan / 65% preservative-free / 58% free of wasteful packaging made adhering to our no animal testing policy on products or ingredients. Lush support Fair Trade programs and small farms to supply raw materials.
* All of Lushs paper bags, cardboard boxes and reusable tins are made from recycled materials. The new Australian Lush manufacturing facility is now using only 100% recycled clear bottles, pots and pot lids and delivering these to our Stores.
* Naked products are better for the environment they are unpackaged, concentrated, last longer and weigh less than water-filled bottled liquids which take more energy to transport. For example, one truck load of Lushs solid shampoo bars would be enough for 800,000 washes but it would take 15 truck loads of liquid shampoo to do the same job. That means more pollution, and a much bigger carbon footprint.

Source:
Lush Fresh Homemade Cosmetics

Business in Asia Today - June 30, 2008

BAOSTEEL, RIVALS OPEN $US5.2 BLN JV IN SOUTH CHINA
Guangzhou (ANTARA News/Asia Pulse) - The Baosteel Group, China's largest steel producer, on Saturday opened a 35.86 billion yuan ($US5.2 billion) joint venture with smaller rivals in the southern province of Guangdong.
The new steel mill merged Guangzhou Iron and Steel Enterprises and Shaoguan Iron and Steel Group.
Baosteel paid 28.69 billion yuan ($US4.2 billion) for an 80 per cent stake in the newly-formed Guangdong Iron and Steel Group.
The two local companies have a 20 per cent stake.

DAEWOO SHIPBUILDING WINS US$2.3BLN IN ORDERS IN JUNE
Seoul (ANTARA News/Asia Pulse) - The Daewoo Shipbuilding & Marine Engineering Co. (KSE:42660), the world's third-largest shipyard, said Sunday that it had won US$2.3 billion worth of orders this month to build 12 ships.
The vessels to be built comprised nine very large oil tankers, one drill ship and two bulk carriers, the company said in a statement.
The shipbuilder did not provide comparable figures from previous years.
With the orders, Daewoo Shipbuilding & Marine Engineering has won orders valued at $7.56 billion in the first six months of this year to build 43 ships, accounting for 43.2 per cent of its yearly target of $17.5 billion worth of orders.

G8 TO ANTE UP US$10 BLN YEARLY TO FUND R&D ON CUTTING EMISSIONS
Tokyo (ANTARA News/Asia Pulse) - The Group of Eight industrialized nations will collectively invest more than US$10 billion a year on research and development of technology to combat climate change, such as storing carbon dioxide underground, The Nikkei learned Saturday.
The plan is included in an outline of a draft joint statement on economic policy to be adopted at the G-8 summit scheduled for July 7-9 at Hokkaido's Toyako resort.
Leaders of the G-8, comprising the G-7 industrialized nations and Russia are likely to agree on setting country-by-country goals to reduce greenhouse gas emissions over the medium term from 2013, after the Kyoto Protocol expires at the end of 2012.

SAMSUNG HEAVY WINS US$1.5 BLN CONTAINER VESSEL ORDER
Seoul (ANTARA News/Asia Pulse) - Samsung Heavy Industries Co. (KSE:010140), the world's second-largest shipyard, said today that it has received an order to build nine container vessels for 1.58 trillion won (US$1.5 billion).
The deal with a Middle Eastern shipping company calls on Samsung Heavy Industries to deliver the vessels by November, 2011, the company said in a regulatory filing.
Shares in Samsung Heavy Industries were trading at 37,850 won on the Seoul bourse as of 10:09 a.m., up 0.80 per cent.

JAPAN'S AMADA SET TO BUILD MACHINE TOOL PLANT
Tokyo (ANTARA News/Asia Pulse) - The Amada Co. (TSE:6113) plans to invest Y20 billion ($US188.47 million) to build a factory for machine tools in Gifu Prefecture as it moves to boost sales of these products 60% by fiscal 2011, The Nikkei learned Friday.
The new plant will be built in 2010 in an industrial park in the city of Toki.
Amada has acquired 120,000 sq. meters of land there.
The firm's existing machine tool operations at an Aichi Prefecture plant will be entirely transferred to the new site.

INDONESIA'S GARUDA FOOD GROUP TO INVEST $US444 MLN IN EXPANSION
Jakarta (ANTARA News/Asia Pulse) - Indonesian company The Garuda Food Group has set aside Rp4 trillion (US$444 million) to finance business expansion in the next five years and make itself the largest food company in Asia.
The company was set to chalk up income of Rp10 trillion in 2012, chief executive officer Sudhamek AWS said.
The company will strengthen its position in snack and soft drink business in the next year with an investment of Rp1 trillion, Sudhamek said.
The expansion will be financed with loans and fund expected to be raised from an initial public offering scheduled for next October, he told the newspaper Investor Daily at the weekend.

POSCO TO BUY 10% STAKE IN AUSTRALIA'S MACARTHUR COAL
Seoul (ANTARA News/Asia Pulse) - POSCO (KSE:005490), the world's fourth-largest steelmaker, said Monday that it had agreed to buy a 10 per cent stake in Australian firm Macarthur Coal Ltd (ASX:MCC) for 420 billion won (US$402 million), in a bid to secure a stable supply of the material used as fuel.
The steelmaker said it has agreed to pay A$20 (US$19.25) per share to Macarthur's former director Ken Talbot for the stake purchase. POSCO said the deal was expected to be approved by its board of directors in July.

THREE NEW WHARVES TO BE BUILT IN VIETNAM'S CAI LAN PORT
Quang Ninh (ANTARA News/Asia Pulse) - The Cai Lan International Container Port Company plans to invest $US120 million to build three wharves in Cai Lan port in north-east Quang Ninh province.
The three-phase project is expected to be put into operation in 2014.
In the first phase to run until 2011, the project will build 303m of the three wharves and services facilities.
The following three-year phase will see construction of an additional 261m of the wharves. The final phase is expected to the see the wharves become operational by 2014.

INDIA'S ABG SHIPYARD BAGS US$136 MLN ORDER FROM SINGAPORE
Mumbai (ANTARA News/Asia Pulse) - Leading private sector shipbuilder ABG Shipyard (BSE:532682) said Friday it had bagged a Rs 5.85 billion (US$136.7 million) order from Singapore-based Toisa Ltd for the construction of three sub-sea multi purpose vessels.
The company has received an order for construction of three sub-sea multi purpose vessels from Sealion Shipping Ltd on behalf of Toisa Ltd having a total order size of about Rs 585 billion, ABG Shipyard said in a filing to the Bombay Stock Exchange.

S KOREA'S DONGWON TO ACQUIRE STARKIST FOR US$363 MLN
Seoul (ANTARA News/Asia Pulse) - South Korean food conglomerate Dongwon Group said today it would acquire a 100-percent stake in U.S canned tuna company StarKist from Del Monte Foods for US$363 million.
The investment would pave the way for Dongwon to secure its sales networks in the U.S. and South American nations, the South Korean group said in a statement.
StarKist accounts for about 38 per cent of the canned tuna market in the U.S. and generated sales of $600 million last year, Dongwon said earlier. Dongwon has Dongwon F&B (KSE:049770), the nation's largest canned tuna maker, under its wing.

Source:
Business in Asia Today - JUNE 30, 2008
published by Asia Pulse

COPYRIGHT © 2008

Technology: India and China propel Internet audience growth in Asia-Pacific

comScore to Present 'The State of the Global Internet with a Focus on Asia' Webcast in July

Tokyo (ANTARA News/Asia Pulse), June 30 PRNewswire-AsiaNet - comScore, Inc. (Nasdaq: SCOR), a leader in measuring the digital world, today released findings on the Asia-Pacific market from its report "The State of the Global Internet with a Focus on Asia," which will be presented via free Webcast from Singapore and Japan in July.

During the past year, the Asia-Pacific Internet audience (at home and work locations among users age 15 and older) grew 14 per cent to 319 million visitors in April 2008, outpacing the growth of all other worldwide regions. The strongest growth occurred in India, which surged 27 per cent to more than 28 million Internet users, followed by China which grew 14 per cent to more than 102 million visitors.

Taiwan, Malaysia and New Zealand also achieved double-digit growth. Meanwhile, more developed Internet markets such as Japan (3 per cent) and Singapore (4 per cent) experienced modest gains.

Internet Audience Growth in the Asia-Pacific Region
April 2008 vs. April 2007
Total Asia-Pacific -- Age 15+, Home and Work Locations*
Source: comScore World Metrix
Total Unique Visitors (000)
(/TB)
Apr-07 Apr-08 % Change

Asia Pacific 280,418 318,623 14
China 90,274 102,848 14
Japan 53,685 55,260 3
India 22,395 28,375 27
South Korea 26,323 25,652 -3
Australia 10,048 10,904 9
Taiwan 9,245 10,388 12
Malaysia 7,462 8,327 12
Hong Kong 3,525 3,718 5
Singapore 2,216 2,298 4
New Zealand 1,937 2,161 12
(/TE)

* Excludes traffic from public computers such as Internet cafes or access from mobile phones or PDAs.

The presentation will include key insights on recent trends in Asia and other international markets that are shaping the global landscape of the Internet. Among these are the following:
- Though each of the top 10 global properties is based in the United States, each one sources the majority of its audience from outside the U.S.
- Half of the top 20 properties in the Asia-Pacific region are locally-owned entities.
- Although Google Sites and Yahoo! Sites combined to capture the majority of search share in the Asia-Pacific region, five of the top 10 search properties are regional engines, including China's Baidu.com and Korea's NHN Corporation (Naver.com).
- Internet users in Hong Kong, South Korea, Singapore, Taiwan and Australia spend the most time online in the region, but still spend less time than the worldwide average.
- While Facebook.com is the leading social networking site worldwide, Friendster.com is the top social networking site in the Asia-Pacific region.

"The State of the Global Internet with a Focus on Asia" will be presented in English on July 2 from Singapore and in Japanese on a soon-to-announced date in July from Japan. For more information and to register please see the information below.

English Language Webcast Live from Singapore
Wednesday, July 2
10:00 a.m. SGT (GMT +8:00)/10:00 p.m. EDT (New York) July 1
Presenter: Kevin Tan, Asia-Pacific Business Development
Director, comScore Inc.
Registration: http://www.comscore.com/requestasiawebcast.asp
Japanese Language Webcast Live from Japan
July 2008
Presenter: Maru Sato, Managing Director of comScore Japan
Pre-registration: http://www.comscore.com/japanwebcastinfo

About comScore

comScore, Inc. (NASDAQ: SCOR) is a global leader in measuring the digital world.
For more information, please visit www.comscore.com/boilerplate

SOURCE comScore, Inc.
CONTACT: Sarah Radwanick of comScore, Inc.,
+1-312-775-6538,
Press@comscore.com
Photo: http://www.newscom.com/cgi-bin/prnh/20080115COMSCORELOGO
AP Archive: http://photoarchive.ap.org
PRN Photo Desk, photodesk@prnewswire.com/
Web site: http://www.comscore.com

Pharmaceutical: Eularis releases update on pharmaceutical report

London and Tokyo, (ANTARA News/PRNewswire-Asianet) - Eularis is announcing the release of an update to its report: "Ensuring Profitable Return-on-Investment (ROI) in Pharmaceutical Marketing: Using Analytics and Metrics to Improve the Bottom Line."

Originally offered in February 2007, the comprehensive report has been revised to provide pharmaceutical marketers with a competitive edge and the latest research information.

"The pharmaceutical environment is turbulent, and what used to work to create an industry-wide growth of 20 percent, no longer does," said the author of the report, Dr. Andree K. Bates, president of Eularis.

"As market growth slows, the bottom line return for brands is under increased scrutiny, and every marketing dollar must count."

Eularis identified a common problem faced by pharmaceutical companies - how to know which activities impact market share and by how much.

The company assembled a group of world-leading mathematicians in the predictive analytics field, as well as thought leaders, to find the solution.

This report, in turn, analyzes how top pharmaceutical marketing leaders are handling pressing marketing return issues, and offers new ideas to apply.

The detailed research addresses issues such as: ROI basics; practical skills marketers need for measuring marketing effectiveness; tools and best practices that make a difference; measurement principles that drive successful marketing measurement; how to propel strategy, growth, and bottom line return; plus an array of case studies.

The report also explains what real people did to measure, improve and prove bottom line return.

It uncovers practices to predict how and where pharmaceutical marketing and sales investments will yield the highest market share and market share price.

Readers will benefit from the step-by-step guidelines on successfully implementing approaches for real and measurable results available only in this report.

Dr. Andree Bates, president of Eularis, has gained wide recognition within the international pharmaceutical industry for her expertise in marketing return analysis and is the author of this must-have report for all pharmaceutical industry marketers.

To purchase this report, visit: http://www.pharmamarketingroi.com or for Japanese information visit: http://www.eularis.com/japanese/marketing-excellence market-reports.asp

About Eularis

Eularis provides sophisticated pharmaceutical analytics that provide data-driven insight into the financial impact of corporate and marketing decisions.

Unlike traditional analytics approaches which are lengthy and whose reliance on historical or analogue data reduces their accuracy, Eularis' proprietary 94.8 Analytics Process is based on the current market situation.

This proven approach helps pharmaceutical marketing teams to quickly plan, measure, validate, and optimize their sales and marketing performance.

Eularis offers pre-launch analytics, marketing mix modeling (both professional and consumer), portfolio optimization, sales force effectiveness, managed care analytics, and patient compliance solutions.

Co-headquartered in London and New York City, the company has developed significant experience in the global pharmaceutical market through client engagements globally (including Japan and Asia Pacific) with AstraZeneca, GlaxoSmithKline, Merck, Pfizer and many others.

For more information about Eularis, visit http:/www.eularis.com.
*(LOGO LINK: http://www.Send2Press.com/mediaboom 08-0630-Eularis_72dpi.jpg)

This release was issued on behalf of the above organization by Send2Press(R), a unit of Neotrope(R). http://www.Send2Press.com

SOURCE: Eularis
CONTACT: Yuko Muta of Eularis, +44 207403 5378,
YMuta@Eularis.com/
WEB SITE: http://www.eularis.com
http://www.pharmamarketingroi.com/

Business: HotelsCombined.com caters for Beijing 2008 Olympic Games

The Beijing 2008 Olympic Games cannot satisfy worldwide ticket demand yet HotelsCombined.com can satisfy worldwide accommodation demand

Sydney - Medianet International-AsiaNet/ - One World, One Dream is the theme of the Beijing Games - and if overseas ticket demand is any indicator, the whole world wants to be in Beijing for the Games to live their dream.

Unfortunately, Beijing Games organizers cannot satisfy worldwide ticket demand. But it is not just about trying to get tickets to the Beijing Games; numerous domestic and international travelers need accommodation on top.

At 28 May, Xiong Yumei, Vice-Director of the Beijing Municipal Administration of Tourism commented 77 percent of five-star hotel rooms have been booked and most Olympic designated hotels are reportedly fully booked.

At 25 June, hotel price comparison website HotelsCombined.com conducted research to determine if there is any accommodation still available throughout the Beijing 2008 Olympic Games and Beijing 2008 Paralympic Games.

The results indicate that not only are there five-star hotels still available but there is accommodation for every wallet. For full results go to: http://www.hotelscombined.com/aboutus/press/beijing2008.aspx.

To view accommodation availability in Beijing on HotelsCombined.com visit http://www.hotelscombined.com/CityBeijing.htm.

For more information on the Beijing 2008 Olympic Games including fact sheets, athlete profiles, cultural information and news visit www.beijing2008.cn.

About HotelsCombined.com

HotelsCombined.com is a hotel search engine which searches hotel reservation sites from all over the world including Expedia.com, Priceline.com, Orbitz.com, Booking.com and many more.

HotelsCombined.com provides the hotel information to you in a user-friendly display and sends you directly to the hotel reservation site which offers the best available hotel rate.

Whether you are traveling for business or leisure or to the Beijing 2008 Olympic Games HotelsCombined has hotels available to suit every kind of traveler.

For more information go to http://www.HotelsCombined.com
Contact: Vicki Byrne +61 2 8011 4192
SOURCE: HotelsCombined

Real Estate: Cityscape China sets trend with multi-association accord

Five Agreements Signed Between Asian Real Estate Investment Bodies Aimed at Connecting Global Resources to Regional Opportunities

Shanghai, (ANTARA News/PRNewswire-AsiaNet) - Leading Asian real estate and investment associations signed a raft of agreements on Thursday 26 June at Cityscape China, which concludes on Friday 27th June at the Shanghai New International Expo Centre in Pudong.

In an unprecedented signing ceremony which took place on the sidelines of the Cityscape China Conference, Asia Property Investment Network (APIN) inked agreements with Cityscape Market Intelligence Service, China Commercial Real Estate Association and Kangrong Hengtal Investment Ltd.

In addition the Asian Public Real Estate Association (APREA) signed two contracts with China Commercial Real Estate Association and the Industrial Cooperation Professional Committee of China Real Estate Association.

Commenting on the signing, Zheng Xiaoping, Principal, BAZO Investments, China, said: "APIN has partnered with Cityscape China to promote collaboration between amongst the respective organizations. This will lead to an important trend that actually responds to genuine market needs - put simply - connecting global resources to regional opportunities."

The accords will lead the organizations towards sharing resources, exchanging professional expertise, improving market transparency and elevating industry best practice. All parties intend to work together in contributing to China's sustainable urban development, fostering a healthy development of the overall real estate industry.

"Cityscape China will continue to provide a strategic platform to enhance the synergy between the associations and support the development of what we are convinced will be a dynamic new era in China's real estate market," added Graham Wood, Exhibition Director of Cityscape China.

In total over 60 international exhibitors from 15 different countries are showcasing projects from as far away as Australia and Dubai. Cityscape China is an extension of the phenomenally successful Cityscape Dubai, organised by IIR Middle East, which is the world's biggest business-to-business real estate event brand.

Web: http://www.smc-pr.com
For more information about Cityscape China 2008 and related events, please visit: http://www.cityscapechina.com
SOURCE: Shamal Marketing Communications

Friday, June 27, 2008

Technology: NEC to acquire NetCracker, leader in operations support systems

NEC Strengthens global software business helping communications service providers accelerate business transformation

Tokyo (ANTARA News/PRNewswire-AsiaNet) - NEC Corporation (NEC) today announced a definitive agreement to acquire NetCracker Technology Corp. (NetCracker), a US based software and solutions company with an industry leading track record of delivering Operations Support Systems (OSS) transformation to communications service providers across the globe. This strategic acquisition underscores NEC's long standing commitment to offer innovative solutions to the communications industry, enabling them to transform their business, and rapidly deploy new infrastructure and services.

With this acquisition, NEC adds a key element of software and services to its market leading portfolio of mobile and fixed infrastructure products. NetCracker's products, services and domain expertise will be integral to leveraging complementary assets within both companies.

"NetCracker has distinguished itself with a record of successful OSS transformations and exceptional software solutions and professional services for leading communications service providers," said Mr. Kaoru Yano, President of NEC.

"The acquisition of NetCracker strengthens NEC's offerings and brings even greater value to the global communications industry."

"NEC and NetCracker share a vision of operations and business support systems being critical to communications service providers, enabling them to build a sustainable competitive advantage," said Andrew Feinberg, CEO of NetCracker. "NEC's scale and solution offering will help usextend our core application and services footprint and continue to broaden the solutions we offer to our global customers."

NEC's communications carrier business is continually expanding and the company's superior lineup of telecommunication products includes full-line and full layer support; the early adoption of NGN related business and globally competitive business models such as Pasolink and submarine cable systems.

NEC will now leverage the acquisition of NetCracker to strengthen its existing business foundations and to provide total solutions for communications businesses whose IP and service diversification needs continue to grow. The company anticipates that Operations Support Systems will represent a key element to new international growth that is expected to generate approximately 200 billion yen over the next 5 years.

NetCracker's know-how of transforming Operations Support Systems enables communications service providers to deploy new services, build operational excellence and closer customer relationships. As service providers move to an all-IP environment and become more diversified, the company's expertise becomes an increasingly essential element of their success.

Furthermore, the ongoing debut of innovative new services, including IPTV, Triple-Play, 3G and others, provides exciting new opportunities for deploying the next generation of OSS. NetCracker employs approximately 1,000 people worldwide and its customers include France Telecom, MTS, Sprint, TELUS, Telstra, UPC and many other leading communications service providers spanning the globe.

The new business relationship is expected to foster innovative new solutions that address the needs of communications service providers and accelerate NEC's international software business. NEC is committed to retaining the relationships and go-to-market strategies that NetCracker has developed. Upon the closing of the transaction, NetCracker will operate as an independent business unit led by its current management team and will become the centerpiece of NEC's communications service provider software business.

About NEC

NEC Corporation is one of the world's leading providers of Internet, broadband network and enterprise business solutions dedicated to meeting the specialized needs of a diversified global base of customers. NEC delivers tailored solutions in the key fields of computer, networking and electron devices, by integrating its technical strengths in IT and Networks, and by providing advanced semiconductor solutions through NEC Electronics Corporation. The NEC Group employs more than 150,000 people worldwide.

For additional information, please visit the NEC website at: http://www.nec.com About NetCracker NetCracker Technology is a leading global Solution Company enabling Service Providers to deliver rapidly and manage effectively convergent and content-rich offerings. NetCracker delivers service and resource management through its software and implementation expertise.

NetCracker's portfolio includes a comprehensive suite of product modules as well as specialized vertical solutions (such as Triple Play), all pre-integrated with the NetCracker Framework. Founded in 1993, NetCracker Technology is headquartered in Waltham, Massachusetts, and can be reached at +1-781-419-3300 or www.NetCracker.com.

NEC is a registered trademark of NEC Corporation. All Rights Reserved. Other product or service marks mentioned herein are the trademarks of their respective owners. (c)2008 NEC Corporation.

NEC Corp. Press Contacts (Japan):
Takehiko Kato t-kato@cj.jp.nec.com +81-3-3798-6511
Joseph Jasper j-jasper@ax.jp.nec.com +81-3-3798-6511 (USA)
Kosuke Yamauchi K-yamauchi@ce.jp.nec.com +1-212-326-2504
NetCracker Technology Press Contacts (USA):
Sanjay Mewada sanjay.mewada@netcracker.com +1-781-419-3356
SOURCE: NEC Corporation

Health/Medical: European CHMP Issues Positive Opinion on Cymbalta for the Treatment of Generalised Anxiety Disorder

INDIANAPOLIS, June 27 (ANTARA/PRNewswire-AsiaNet) --

Eli Lilly and Co (NYSE: LLY) and Boehringer Ingelheim today announced that the Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency (EMEA) has issued a positive opinion supporting the approval of Cymbalta(R) (duloxetine hydrochloride) for the treatment of Generalised Anxiety Disorder (GAD).

The positive opinion is based upon the results of five clinical studies -- four double-blind placebo-controlled studies and a relapse prevention study -- involving more than 2,000 non-depressed adults with GAD. In each of the four placebo controlled studies safety and efficacy were assessed. Duloxetine significantly improved core anxiety symptoms (as measured by the Hamilton Anxiety Scale), compared with placebo (p less than or equal to 0.001, p=0.02, p=0.007, p less than or equal to 0.001 respectively) (1,2,3,4) and demonstrated improvement in role functioning, including ability to perform everyday activities in work, home and in social situations.(5,6) In addition, duloxetine significantly decreased the likelihood of relapse in those patients who initially responded to duloxetine and were maintained on treatment for six months compared with those switched to placebo.(7) The most common side effects in these studies included nausea, fatigue, dry mouth, drowsiness, constipation, insomnia, decreased appetite, hyperhidrosis, decreased libido, vomiting, ejaculation delay and erectile dysfunction.

Although global prevalence is not currently known, more than nine million Europeans (8,9) and six million people in Central and South America are estimated to suffer from GAD.(10) Difficult to detect, due to the fact that the condition presents with a variety of symptoms,(11) GAD is characterised by more than simple anxiety. The disorder is diagnosed when patients suffer from excessive anxiety and worry about a number of events and activities (such as performance at work or school) over a sustained period of at least six months.(12)

"If left untreated, symptoms of Generalised Anxiety Disorder may progress to prevent patients from working and operating in daily social situations," said Dr. Christer Allgulander of the Department of Clinical Neuroscience, Karolinska Institutet in Stockholm. "According to population and primary care surveys the majority of people suffering from anxiety, and their physicians, still have unmet needs. This positive opinion on duloxetine creates another effective pharmacotherapy option that will help patients feel better, and help physicians in their aim to improve functioning for those suffering from this debilitating condition."

Duloxetine, a member of a class of drugs commonly referred to as serotonin and noradrenaline reuptake inhibitors,(13) is already approved to treat major depressive disorder and diabetic peripheral neuropathic pain. Duloxetine gained marketing authorisation for the treatment of GAD in Mexico in 2006 and in the United States in 2007.

Notes to Editors:

About Generalised Anxiety Disorder
Approximately nine million Europeans (8,9) and six million people in Central and South America are estimated to suffer from GAD.(10) Quality of life is affected as symptoms of GAD can include exaggerated worry or chronic anxiety, irritability and poor concentration. Ability to work is often compromised with the manifestation of physical symptoms such as muscle tension, fatigue, sleep disturbance and nausea.(12) The illness tends to be chronic with periods of exacerbation and remission. Patients report that episodes of generalized anxiety disorder are often brought on, or worsened, by stressful life events.(14)

About Duloxetine
While duloxetine's mechanism of action in humans is not fully known, it is believed to affect both serotonin and norepinephrine/noradrenaline mediated nerve signalling in the brain and the spinal cord. Based on pre-clinical studies, duloxetine is a balanced and potent reuptake inhibitor of serotonin and norepinephrine/noradrenaline. Scientists believe its effect on pain perception is due to increasing the activity of serotonin and norepinephrine in the central nervous system.

Duloxetine is approved for the treatment of depression and diabetic peripheral neuropathic pain, in many countries and is approved in some countries for the treatment of stress urinary incontinence, Major Depressive Disorder and Generalized Anxiety Disorder. Duloxetine is approved only for adults 18 and over. There is a possibility of an increased risk of suicidal thoughts or behaviour in children and young adults treated with antidepressants. Patients should call their doctor right away if they experience worsening depression symptoms, unusual changes in behaviour or thoughts of suicide, especially at the beginning of treatment or after a change in dose.

Patients taking duloxetine may experience dizziness or fainting upon standing. The most common side effects of duloxetine include:

-- For depression: Nausea, dry mouth, headache, insomnia, diarrhea

-- For diabetic peripheral neuropathic pain: Nausea, somnolence (sleepiness), fatigue, headache, dizziness

-- For stress urinary incontinence: Nausea, dry mouth, fatigue

-- For Generalised Anxiety Disorder: Nausea, fatigue, dry mouth, drowsiness, constipation, insomnia, decreased appetite, hyperhidrosis, decreased libido, vomiting, ejaculation delay and erectile dysfunction.

(This is not a complete list of side effects.)

Duloxetine is contraindicated in patients who are allergic to it, who have liver disease resulting in hepatic impairment, who are taking a monoamine oxidase inhibitor (MAOI), fluvoxamine, ciprofloxacin or enoxacine or who have severe kidney disease. The initiation of treatment with duloxetine also is contraindicated in patients with uncontrolled hypertension that could expose them to a potential risk of hypertensive crisis.

Eli Lilly and Company and Boehringer Ingelheim
In November 2002, Eli Lilly and Company and Boehringer Ingelheim signed a long-term agreement to jointly develop and commercialize duloxetine hydrochloride. This partnership covers neuroscience indications in most countries outside of the United States and Japan, with few exceptions.

About Eli Lilly and Company
Lilly, a leading innovation-driven corporation, is developing a growing portfolio of best-in-class pharmaceutical products by applying the latest research from its own worldwide laboratories and from collaborations with eminent scientific organizations. Headquartered in Indianapolis, Ind., Lilly provides answers - through medicines and information - for some of the world's most urgent medical needs. Additional information about Lilly is available at www.lilly.co.uk.

About Boehringer Ingelheim,
The Boehringer Ingelheim group is one of the world's 20 leading pharmaceutical companies. Headquartered in Ingelheim, Germany, it operates globally with 135 affiliates in 47 countries and almost 38,900 employees. Since it was founded in 1885, the family-owned company has been committed to researching, developing, manufacturing and marketing novel products of high therapeutic value for human and veterinary medicine. In 2007, Boehringer Ingelheim posted net sales of 10.9 billion euro while spending one fifth of net sales in its largest business segment Prescription Medicines on research and development. For more information please visit www.boehringer-ingelheim.co.uk.

Duloxetine for major depressive episodes is marketed by Lilly and Boehringer Ingelheim in all countries included in the partnership under the brand name Cymbalta, except for Greece, Italy and Spain. In Greece, Italy and Spain Lilly markets the product as Cymbalta and Boehringer Ingelheim markets the product as Xeristar(R). In the United States, Cymbalta is marketed by Lilly and Quintiles. In Japan, duloxetine will be co-developed and co-marketed by Lilly and Shionogi & Co., Ltd.

Duloxetine for stress urinary incontinence is marketed by Lilly under the brand name Yentreve.(R)

References
(1) Koponen, H., et al. Efficacy of Duloxetine for the Treatment of Generalized Anxiety Disorder: Implications for Primary Care Physicians. Prim Care Companion J Clin Psychiatry 2007: 9(2):100-107

(2) Rynn M., et al. Efficacy and Safety of Duloxetine in the Treatment of Generalized Anxiety Disorder: A Flexible-Dose, Progressive-Titration, Placebo-Controlled Trial. Depression and Anxiety 2007: 25(3): 182-189.

(3) Hartford, J., et al. Duloxetine as an SNRI Treatment for Generalized Anxiety Disorder: Results from a Placebo- and Active-Controlled Trial. Int Clin Psychopharmacol 2007: 22(3):167-74.

(4) Nicolini H, et al. Improvement of psychic and somatic symptoms in adult patients with generalized anxiety disorder: Examination from a duloxetine, venlafaxine extended-release, and placebo-controlled study. In Press at Psychological Medicine.

(5) Endicott, J., et al. Duloxetine Treatment for Role Functioning Improvement in Generalized Anxiety Disorder: Three Independent Studies. The Journal of Clinical Psychiatry 2007: 68(4):518-24

(6) Allgulander, C., et al. Pharmacotherapy of Generalized Anxiety Disorder: Results of Duloxetine Treatment from a Pooled Analysis of 3 Clinical Trials. Current Medical Research and Opinion 2007: 23(6): 1245-1252

(7) Davidson JRT, et al. Duloxetine treatment for relapse prevention in adults with generalized anxiety disorder: A 26- week randomized placebo-controlled study. Poster presented at the American College of Neuropsychopharmacology annual conference 2007. Boca Raton, Florida

(8) Lieb, R, et al. The epidemiology of generalised anxiety disorder in Europe. European Neuropsychopharmacology 2005 Aug;15(4):445-52.

(9) National Institute of Economic and Social Research. Summarized from the National Institute Economic Review,194, 28 October 2005.

(10) Calculated extrapolations of prevalence rates against the populations of a particular country or region, based upon prevalence of generalized anxiety disorder in the US, UK, Canada or Australia. Available at: http://www.cureresearch.com/g/generalized_anxiety_disorder/stats-country.htm. Accessed on 2.4.08

(11) Gliatto, M.F. Generalised Anxiety Disorder. American Family Physicians, Vol. 62/No. 7, October 1, 2000.

(12) National Institute of Mental Health (NIMH). Anxiety Disorders. Available at: http://www.nimh.nih.gov/health/publications/anxiety-disorders/generalized-
anxiety-disorder-gad.shtml
. Accessed on 2.5.08

(13) Bymaster, FP et al. The Dual Transporter Inhibitor Duloxetine: A Review of its Preclinical Pharmacology, Pharmacokinetic Profile, and Clinical Results in Depression. Current Pharmaceutical Design. 2005; 11: 1475-1493.

(14) Patient.co.uk. Generalized anxiety disorder. Available at http://www.patient.co.uk/showdoc/27000122/. Accessed on 2.5.08

(Logo: http://www.newscom.com/cgi-bin/prnh/20031219/LLYLOGO )

SOURCE Eli Lilly and Company

CONTACT: Charles McAtee of Eli Lilly and Company,
+1-317-277-1566; or

Eva Freitag of Boehringer Ingelheim,
+ 49 (6132) 77-2964

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20031219/LLYLOGO
AP Archive: http://photoarchive.ap.org
PRN Photo Desk, photodesk@prnewswire.com

Health/Medical: Avastin(R) Shows Unprecedented Benefits in Colorectal Cancer Patients

- Irrespective of K-Ras Gene Mutation

BASEL, June 26 (ANTARA/PRNewswire-AsiaNet) --

- For Non-US Media Only

- Avastin is the Only Biologic Proven to Extend Life in Patients With Normal K-Ras Gene

Data presented today at the 10th World Congress on Gastrointestinal Cancer (WCGC) in Barcelona confirm that Avastin (bevacizumab) significantly improves survival in patients with metastatic colorectal cancer regardless of whether they have mutation in a gene known as K-Ras. This outcome is important because other biologic combinations have been found to be ineffective in patients with a mutation in the K-Ras gene, which is found in up to half of patients with colorectal cancer.

Analyses of the randomized, controlled phase III AVF2107 study, showed Avastin-based treatment resulted in:

Unprecedented efficacy in patients with normal K-Ras gene (wild type)

- a 82% increase in the time patients live without their disease getting worse (7.4 vs 13.5 months) vs chemotherapy alone
- a 57% increase in overall survival (17.6 vs. 27.7 months) vs chemotherapy alone confirming that Avastin is the only biologic with proven survival benefit in this patient group
- a significant increase in response rate; 60% compared to 37% in patients receiving chemotherapy alone

Significantly enhanced efficacy in patients with K-Ras mutation

- a 69% increase in the time patients live without their disease getting worse (5.5 vs 9.4 months) vs chemotherapy alone

- these results show that Avastin-based therapy is the only biologic option with proven benefits for patients with K-Ras mutation

"These data demonstrate that the addition of Avastin to standard chemotherapy is active for patients with metastatic colorectal cancer with both K-ras wild type and mutant tumours," commented Dr. Herbert Hurwitz, Duke University in Durham, North Carolina, and principal investigator of AVF2107. "The high response rate, PFS, and OS in the K-Ras wild type group are impressive and confirm that Avastin should be part of the first line management of patients irrespective of K-Ras status. On a practical level, K-ras testing is not needed to initiate treatment with Avastin."

In January 2008, Avastin received a broad label in the EU allowing it to be used in combination with fluoropyrimidine-based chemotherapy for first and later treatment lines in patients with metastatic colorectal cancer. This means that virtually all patients with metastatic colorectal cancer have access to Avastin's benefits.

About AVF2107

AVF2107 investigated the efficacy of Avastin in more than 800 previously untreated metastatic colorectal cancer patients. In the study Avastin was combined with a standard chemotherapy called irinotecan, fluorouracil and leucovorin (IFL).

The addition of Avastin to chemotherapy gave the most significant improvement in survival time ever observed in a trial of advanced colorectal cancer, significantly extending the duration of patient's life by 30%. The results of AVF2107 formed the basis of Avastin's first approval in February 2004 (USA) and January 2005 (EU).

In the AVF2107 analysis reported in Barcelona today, tumour tissue samples were collected in a prospective manner to analyze the efficacy of Avastin according to K-Ras status. Samples were available from 230 patients (about one third of all patients treated in the study).

About Avastin

Roche is pursuing a comprehensive clinical trial program investigating the use of Avastin in over 20 tumour types and different settings (advanced, post surgical). The total development program is expected to include over 40,000 patients world-wide and has already resulted in approvals in advanced colorectal, breast, lung, and kidney cancer.

- February 2004 (US) and January 2005 (EU) - first line treatment in patients with metastatic colorectal cancer (CRC)

- June 2006 (US) - second-line treatment in patients with metastatic CRC

- October 2006 (US) and August 2007 (EU) - first line treatment in patients with advanced non-small cell lung cancer

- March 2007 (EU) - first line treatment in patients with metastatic breast cancer (BC)

- April 2007 (Japan) - treatment in patients with recurrent or advanced CRC

- December 2007 (EU) - first line treatment in patients with advanced renal cell cancer

- January 2008 (EU) - first and later line treatment in patients with metastatic CRC in combination with any chemotherapy

- February 2008 (US) - first line treatment in patients with HER-2 negative metastatic BC

Additional information

To access video clips about Avastin in broadcast standard, free of charge, please go to: http://www.thenewsmarket.com.

SOURCE: Roche

Technology: New offerings via PTC System partnership with Glasshouse Technologies

Alliance in Asia meets growing demand for enterprise storage and data protection recovery

Singapore (ANTARA News/PRNewswire-AsiaNet) - Enterprise storage specialist PTC System (PTC) will offer companies a more comprehensive data management solution through a new partnership with IT infrastructure consulting and services firm GlassHouse Technologies, Inc. (GlassHouse).

PTC's in-depth experience has been combined with GlassHouse's proven expertise to help Asian customers with their enterprise storage infrastructure and Data Protection
Recovery Management.

With increasing data growth, organizations are facing a more arduous task in managing storage-related issues, as the increasing dependency on both real-time and archived data, and regulatory demands are putting an immense pressure on corporate data infrastructures.

"Organizations need to manage information more effectively than ever before to handle the exponential growth in enterprise data volumes," says SS Lim, Managing Director of PTC System. "We see PTC playing a key role in providing the right solutions to meet our clients' most pressing challenges."

"GlassHouse is committed to helping enterprises gain greater visibility into their IT environments in order to reduce costs and manage risk," says Mark Shirman, President and CEO of GlassHouse.

"PTC is an ideal partner as we share the same vision of a simpler, streamlined data infrastructure that provides enhanced services to the business in an efficient and cost-effective manner."

GlassHouse has deep expertise in storage management and data protection and serves more than 800 companies in the financial services, insurance, retail, media, biotechnology pharmaceutical, telecommunications, government, legal, oil and gas, manufacturing, and technology industries.

As part of the partnership PTC will provide customers with consulting services for:
-- Mapping business strategy to infrastructure
-- Assessment services for data archiving
-- Storage management, disaster recovery and data protection initiatives; and
-- Design and implementation services.

About PTC System

PTC System is committed to offering solutions that enable enterprises to excel in data storage, network management, Grid Computing and content management. The solutions work seamlessly within existing infrastructures to simplify data management, and its services empower companies to achieve greater performance. For more information, please visit http://www.ptcsys.com.sg .

Media contact: Flame Communications Tel: +65-6259-3193 Fax:
+65-6259-0693
Florence Fang Email: florence@flamecomms.com
Samuel Chua Email: samuel@flamecomms.com
SOURCE: PTC System

Business in Asia Today - June 27, 200

TAIWAN TO DEREGULATE SECURITIES TRADING WITH CHINA, HONG KONG
Taipei (ANTARA News/Asia Pulse) - Taiwan yesterday approved an initiative to deregulate securities investments between Taiwan and China, including opening Exchange Traded Funds (ETFs) listings between the Taiwan and Hong Kong stock exchanges.
An ETF is an investment vehicle traded on primary exchanges but with the advantages of low transaction costs and a more diverse stock portfolio.
The decision will enable some of global funds, which contain Chinese capital but are managed by neutral, independent fund managers, to invest in Taiwan stocks.
The relaxed cross-strait securities investment initiative will also include opening ETFs trading between Taiwan and Hong Kong, allowing Hong Kong listed companies to list in Taiwan and permitting local securities investment companies to invest in China.

SOUTH KOREA RESUMES QUARANTINE INSPECTIONS OF U.S. BEEF
Seoul (ANTARA News/Asia Pulse) - South Korea restarted inspections of U.S. beef today in line with a new import agreement. Defying intense public concern over the safety of U.S. beef, Seoul implemented Thursday the April 18 deal and a protocol restricting imports to cattle 30 months old and less.
Seoul can check up to 3 per cent of all packages from the U.S., compared to 1 per cent of those from Australia.
"The examinations will be focused on determining if the contents of the boxes match the export labels and on making certain that the frozen beef has not spoiled during storage," said a NVRQS official.
The official said the April pact permits importation of all beef cuts from cattle under 30 months old including backbones, ribs and intestines, but any packages that have labeling discrepancies can be sent back or destroyed.

INDIA A BETTER FDI DESTINATION FOR MANUFACTURING THAN SERVICES: SURVEY
New Delhi (ANTARA News/Asia Pulse) - Despite India's reputation as a services hub the nation has emerged as the world's fourth most attractive emerging market for manufacturing business foreign investment, for services it has just managed to enter a top-20 list released on Thursday by PriceWaterhouseCoopers.
In PWC's latest emerging markets rankings India has been ranked fourth, ahead of its BRIC peers China, Russia and Brazil, for the manufacturing business.
However, for services India has been ranked last at 20th position. In manufacturing, Egypt, Bulgaria and Serbia grabbed the top three spots.

CHINA TO REPLACE JAPAN AS ASIA-PAC'S LARGEST ONLINE SHOPPING MKT
Singapore (ANTARA News/Asia Pulse) - China will replace Japan as the largest online shopping market in the Asia-Pacific region in 2010, with 480 million online shoppers spending US$1.4 trillion, a MasterCard survey said on Thursday.
The survey found that online shopping growth in the region is expected to increase at an annual rate of 23.3 per cent by 2011 and this growth is likely to shift from Japan to new consumer populations in China and India.
"The rising population of upper-middle-income urban elites is likely to boost the online shopping markets in China and India significantly. Domestic consumption spending in the two countries is poised to pick up strongly, underpinned by a rapid pace of urbanization, robust economic expansion and rising spending power of urban elites," said MasterCard.
By 2010, China's online shopping population is projected to increase to 480 million and contribute to 58.6 per cent of the total online shopping population in the region compared to 49.9 per cent at present.

VIETNAM SLASHES THOUSANDS OF TARIFFS ON ASEAN IMPORTS UNTIL 2013
Hanoi (ANTARA News/Asia Pulse) - Vietnam's Finance Ministry has released a list of thousands of imports from ASEAN countries to benefit from a cut in import duties over the next five years.
The move is part of Vietnam's commitment to implementing the Agreement on the Common Effective Preferential Tariff (CEPT) for ASEAN.
Thousands of goods imported from the regional group, including artworks, antiques, furniture, optical equipment, live animals and fruit and vegetables, will be taxed at rate of between zero and 5 per cent. Meanwhile, import taxes on some foodstuffs will be reduced from 30 to 5 per cent by 2013, including rice and eggs.
The duty on meat will drop from 40 per cent to 5 per cent by 2013. Vehicles, motors and accessories will also enjoy tariff cuts.

CHINA'S TOPRAY SOLAR TO INVEST US$436 MLNL IN PV INDUSTRIAL PARK
Guangzhoi (ANTARA News/Asia Pulse) - Shenzhen Topray Solar Co., Ltd., recently reached an agreement with Leshan city government on investing no less than three billion yuan (US$436.98 million) in a photovoltaic (PV) industrial park in Leshan,in Sichuan Province.
Chen Wukui, chairman of the board, said that Leshan boasts advantages in technology and market with its products exporting to more than 50 countries. Topray Solar is a professional manufacturer of solar battery chips, solar batteries, solar lamps, solar chargers and solar power systems in China.

OIL PRICE SURGE SUCKS MLNS FROM CALTEX AUSTRALIA'S BOTTOM LINE
Melbourne (ANTARA News/Asia Pulse) - Caltex Australia Ltd (ASX:CTX), has slashed its interim profit forecast by as much as 40 per cent as surging oil prices cut its refiner margins.
Caltex released the downgrade only hours after crude oil futures went to fresh records highs, just above US$140 a barrel, during overnight trading.
Caltex warned in its outlook that "small changes in key externalities" - the Australian dollar, refiner margins and crude oil prices - could materially affect profit.
Unlike other the big refiners operating in Australia, Caltex lacks any "upstream" business in oil and gas and, as a result, its balance sheet is fully exposed to the spiking oil price.
Caltex expects its net profit in the first six months of calendar 2008 at between A$175 million (US$167.17 million) and A$195 million, on a replacement cost of sales operating profit basis.
That result compares with the A$294 million the refiner booked in the first half of calendar 2007.

CHINA'S IRON ORE IMPORTS SURGE IN JAN.-APRIL AS PRICE HIKES LOOM
Beijng (ANTARA News/Asia Pulse) - China's iron ore imports surged during the first four months of this year as users sought to avoid anticipated higher costs, official figures show.
From January to April, China imported 150 million tonnes of iron ore, up 15.1 per cent year-on-year, Customs said Thursday. The arrivals were valued at US$19.87 billion, up 110 per cent year-on-year.
Importers expected new agreements with suppliers to mean higher prices.
They also expected higher export duties in major source countries, such as India, and rising shipping costs. Australia, India and Brazil remained the top three sources of China's iron ore imports, accounting for 83 per cent of the total.

AUSTRALIAN POLITICAL PARTIES BLOCK TREE TAX BREAK FOR POLLUTERS
Canberra (ANTARA News/Asia Pulse) - An unlikely alliance of Nationals and Greens politicians in Australia's federal parliament has moved to reverse a new tax measure that would see major polluters given deductions for planting trees.
The government says the tax break would encourage the establishment of carbon sink forests, making an important contribution to sequestration and delivering natural resource management benefits.
But senators yesterday attacked the plan amid concerns it would disadvantage the farming sector while giving tax advantages to big carbon emitting companies and encourage them to buy up prime agricultural land.
The Nationals won the support of the Senate to hold an inquiry into the tax measure. Nationals senator Barnaby Joyce said the measure would simply reward major polluters while hurting consumers who would face higher food prices because of the loss of prime agricultural land.

HONG KONG'S TOTAL EXPORT VALUE JUMPS 10.3 PCT IN MAY
Hong Kong (ANTARA News/Asia Pulse) - The value of Hong Kong's total exports of goods rose to 238.9 billion HK dollars (US$30.5 billion) in May, up 10.3 per cent over the same month last year, the Census and Statistics Department of Hong Kong said Thursday.
Of the total, the value of re-exports grew 11.3 per cent to 230.8 billion HK dollars while the value of domestic exports fell 12 per cent to 8.1 billion HK dollars. For this year's first five months as a whole, the value of total exports of goods rose 11.2 per cent over the same period last year, said the department.
The department said the vibrant Chinese mainland market and other emerging markets, as well as the solid expansion of the European market, have offset the decline in exports to the United States.

Source:
Business in Asia Today - JUNE 27, 2008
published by Asia Pulse


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