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Asia-Pacific air travel off to solid start this year

Asia-Pacific air travel off to solid start this year Air travel in the Asia-Pacific region is off to a solid start this year, with passenger traffic growing 4.9 percent in the first two months despite high oil prices, an industry group said Friday. The Kuala Lumpur-based Association of Asia Pacific Airlines said its 17 member airlines flew a total 21.246 million passengers in January and February, up from 20,262 million in the same period in 2004. In January, passenger traffic surged 6.4 from a year ago to 11.08 million but growth eased in February to 4.9 percent on-year to 10.166 million.

Satyam outlines expansion in Asia-Pacific region

Satyam outlines expansion in Asia-Pacific region Satyam Computer Services has announced a series of expansion plans in the Asia-Pacific region. China, Malaysia, Thailand and Australia are the geographies which the company is eyeing in an effort to boost revenues from the region. Currently 16 per cent of its global $1.1 billion revenues comes from Asia-Pacific and this Nasdaq-listed firm hopes to have 20 per cent of its global revenues from the region in three years. The Hyderabad-based firm, among the top 10 software exporters from India, is looking at China for a major expansion. The headcount in this region

Satyam plans expansion in Asia Pacific region

Satyam plans expansion in Asia Pacific region Satyam Computer Services will buy a couple of niche capability companies in Japan and open new software development centres in China and Malaysia to tap more business opportunities and lift its earnings from the Asia Pacific (APAC) region to about 20 per cent. Satyam at present earns 16.5 per cent or about $165 million of its total revenues from the APAC region, which has been neglected by Indian IT companies because of its fragmented nature and because it is perceived as a difficult terrain to do business. Satyam has been clocking a growth

Omnicom bullish on Asia Pacific region; appoints Dumont as president

Omnicom bullish on Asia Pacific region; appoints Dumont as president Omnicom Group Inc. has appointed Serge Dumont as Omnicom Group Inc senior vice president and Omnicom Asia-Pacific president. Dumont will report directly to Omnicom Group Inc vice chairman and Omnicom Asia-Pacific chairman and CEO Michael Birkin. He will help spearhead Omnicom's strategic expansion in Asia, initially focusing on Greater China. "Omnicom is extremely ambitious in the Asia-Pacific region. We continue to grow our brands to meet the increasing needs of our clients in this vital region. Serge has a brilliant reputation, a proven track record and extensive experience in Asia. We see his

DHL Expects Double-Digit Revenue Growth In Asia In 06-CEO

DHL Expects Double-Digit Revenue Growth In Asia In 06-CEO Logistics and express delivery company DHL, a unit of Germanys Deutsche Post AG (DPW.XE), expects its Asia-Pacific revenue to continue to grow strongly this year in tandem with the regions economies, a senior executive said Friday. We expect solid double-digit revenue growth this year (in Asia-Pacific). We expect China growth at 35%-45% and India growth to be a very strong double digit, Scott Price, Chief Executive of DHL Express Asia Pacific, said at the sidelines of the launch of the companys Asia-Pacific Disaster Response Team. DHLs 40% market share in the region