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THE concept of air travel in South-East Asia is transforming as low cost airlines (LCAs), now restricted to just a few countries in the region, take off.
The HSBC Group will be investing RM80mil in its sixth group service centre (GSC), HSBC Electronic Data Processing (M) Sdn Bhd, over three years, said chief operating officer Alan Jebson.
COLD storage logistics specialist Haisan Resources Bhd will begin discussions with Walls China, the ice-cream and confectionary division of Unilever, at the end of this month on the possibility of taking over storage operations of dry and temperature-controlled food in Beijing, said managing director Ong Chin Yet.
INTERNET traffic, which was mostly moving from Asia to the United States previously, has seen a reversal of late as a result of improved Asian-generated content and businesses in the last two years, says William Barney, president and chief operating officer of Asia Netcom, a telecommunications carrier.