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Asia PC shipments up 32.6 pc in Q4: Gartner

Asia PC shipments up 32.6 pc in Q4: Gartner PC shipments in Asia, excluding Japan, soared 32.6 per cent in the fourth quarter, fuelled by strong demand in India and China and bringing growth for the year to 26.2 per cent, according to data released on Thursday. PC makers shipped 11.6 million units in the fourth quarter of last year, according to market research firm Gartner. "It was a phenomenal year for PCs, with growth rates not seen since 2000," said Gartner analyst Lillian Tay in a statement. "Economic confidence in the region and significant promotions on notebooks were

Container lines to raise prices on Asia-U.S. route

Container lines to raise prices on Asia-U.S. route Shipping lines serving the busy route from Asia to North America will further increase the price of container shipments to the U.S. East Coast in the upcoming peak season to cover higher costs. The Transatlantic Stabilization Agreement carrier group said in a statement that its member lines would raise a planned peak season surcharge of $400 per 40-foot container from Asia to the U.S. East Coast and U.S. Gulf Coast to $500 effective July 15 and to $600 from Aug. 15 until Nov. 15. The increased charge will apply to all containers moved through the

Asia and Europe tussle on priorities

Asia and Europe tussle on priorities HIS Majesty Sultan Haji Hassanal Bolkiah Muizzaddin Waddaulah is expected to lead a top-level Bruneian delegation to the Sixth Asia Europe Meeting Summit in Helsinki this weekend. The Asem summit is held every two years, alternately in Asia and Europe. The forum of 39 members aims to strengthen cooperation between Asian and European countries through inter-regional dialogue and interaction. While cooperation is expected, in diplomatic terms, to be evenly focused on political, economic and cultural issues, a Brunei Government official said yesterday that European members focused more on the political while Asian members would

Asia takes different integration road than Europe–experts

Asia takes different integration road than Europe--experts Asia is deepening economic integration to complement closer trade links but the region looks set to take a different road than Europe and a common currency remains far off, officials and experts said Monday. The approach to financial integration in Asia ... will take a different path from what we have seen in other parts of the world, in particular in Europe, said Malaysian central bank governor Zeti Akhtar Aziz. Given that our region is more heterogeneous in nature, it has different aspirations and different starting points in this integration process, she told a seminar

Yantai to hold forum on Asia-Europe tourism co-op

Yantai to hold forum on Asia-Europe tourism co-op East China's coastal city of Yantai in Shandong Province will hold a forum on tourism cooperation between Asia and Europe on Oct. 12 to 15, organizers said Monday. The forum, with the theme of "developing tourism, boosting investment, and enhancing cooperation," is jointly organized by China's Ministry of Commerce, National Tourism Administration, the Shandong provincial government, and Yantai municipal government. It aims to enrich the partner relationship between Asia and Europe, promote the growth of investment and trade, and achieve common development and prosperity among all Asian and European countries, an official with