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Martin Sorrell and his vision of Asia

Sir Martin Sorrell, head of WPP Group Plc, was in Kuala Lumpur on Tuesday as part of a three-week visit to Asia. How he bought over Wire and Plastics Products (WPP), a maker of wire shopping carts, 18 years ago and turned it into the world's largest advertising and market services group is now textbook stuff taught in business schools. After doing a video conference with analysts in London on the group's third quarter results, Sir Martin sat down with WONG SULONG for an interview.


Foreign business news in brief

Foreign business news brifs including 'Samsung wins US$770mil ship orders'.


Product Review: New Napster a bit buggy, but promising

Anyone who thinks music should cost nothing will be disappointed with the reincarnated Napster online music service, which has emerged from the ashes of the old free-for-all as a legal, recording industry-sanctioned, pay-to-play store.


Matsushita goes Panasonic all the way

MATSUSHITA Electric Industrial Co Ltd, which is unifying its I>Panasonic/Iand I>National/Ibrands globally as a growth strategy, is confident that it will be effective in gaining a larger market share worldwide.


Samsung Elec Q3 earnings beat forecasts

Samsung Electronics Co Ltd, the world's biggest memory chipmaker, reported yesterday a better-than-expected 6.6% increase in third-quarter profit, lifted by improved sales of its mainstay product.


Battle for Korea telco hots up

The LG Group and a foreign partner are expected to make a counter bid to buy Hanaro Telecom Inc today, heating up a battle with a US investment group for South Korea's second largest broadband firm.


News in brief

News in brief on ASAS Dunia, Commerce-Asset-Holdings, Heitech Padu, Autoindustries, TA Unit Management, Aminvest, Philips Mutual, RHB Unit Trust, Symphony House, Alcan Inc, Nam Fatt, Juken Technology and Kamunting.


Matsushita to enhance presence

MATSUSHITA Electric Industrial Co Ltd, which is unifying its Panasonic brand globally, hopes to put the company on a better footing internationally upon completion of the exercise by end of March next year.


Motorola to spin off struggling chip business

Motorola Inc is to spin ff its semiconductor unit into a separate firm as it focuses more closely on its battle with Nokia in the mobile phone market. The move by the world's No. 2 mobile phone maker, announced late on Monday, was not a surprise but came sooner than expected.


Major S. Korea groups fined for unfair trade

South Korea's trade watchdog has fined six business groups a total of 32.6 billion won (US$28.45mil) for unfair trading activities, underlining a government attempt to clamp down on shady practices at the powerful conglomerates.