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Satyam: Malaysia can be IT hub via effective marketing

More effective marketing could help Malaysia become a global information technology (IT) hub, said Satyam Computer Services Ltd director and senior vice-president (Asia Pacific) Virender Aggarwal.


Seagate remains bullish on Asia-Pac disk drive market

Seagate Technology expects Asia-Pacific, now contributing more than 40% of its revenue, to continue being the main consumer for its disk drive products.


Lenovo shares rise on news of job cuts

Shares in Lenovo Group Ltd, the world's third biggest personal computer maker, rose after the company said it will cut 5% of its workforce to streamline sales and customer support.


Cereal maker Kellogg turns 100

It was 1894, and the chief physician at the Battle Creek Sanatorium and his younger brother were experimenting in the hospital's kitchen, trying to create a better-tasting replacement for the nutritious but bland bread served to patients.


Starhill REIT IPO 9 times covered

Pintar Projek Sdn Bhd, manager of YTL Corp Bhd's Starhill real estate investment trust (REIT), announced yesterday that it has successfully closed the order books for the REIT, with a final subscription rate of 8.8 times.


Sun expects client base to double this year

SUN Microsystems (M) Sdn Bhd expects its mid-market client base, which grew by 80% last year, to double this year on the back of strong demand for its enterprise open source software, said managing director Cheam Tat Inn.


Slow US sales of autos intensify pressure on General Motors

DETROIT: Despite a new round of discount offers, November will likely be another disappointing month for sales and profitability at General Motors Corp., intensifying pressure on the world's largest carmaker to speed up or expand the job cuts and plant closings it announced this week.


Boeing may raise output of Dreamliner after 2009

AMERICAN aircraft maker Boeing is studying the possibility of increasing its I>787/IDreamliner production after 2009, a year after its first delivery.


SP director: Weakening rupiah won’t hit ringgit

Asian currencies such as the ringgit would not be affected by the same factors that led to a sharp depreciation of the Indonesian rupiah against the US dollar, said Ping Chew, Standard and Poor#146;s director for Sovereign amp; International Public Finance Ratings.


Boeing poised to rule the skies again with Dreamliner

After a lull of five years, Boeing is poised to overtake rival Airbus in terms of orders for the first time since 2000, thanks to overwhelming market response to its new I>787 Dreamliner/I>.