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KBC-II halts Star Asia revenue growth

KBC-II halts Star Asia revenue growth The abrupt ending of Kaun Banega Crorepati (KBC-II) due to anchor Amitabh Bachchans ill-health late last year has affected revenue growth of STAR TV Asia by 6-10%, reveals the latest report from Hong Kong-based research company Media Partners Asia. While STAR network Asia was cruising at 20-30% revenue growth in first and second quarters of 2005-06 largely thanks to the the healthy advertising growth in STAR India, for the quarter ended March, 2006, the company registered only 14% revenue growth to $123 million. In Asia, STAR Groups operating income grew 28% year-on-year to reach

Saudi Arabia’s Hamad named Asia’s top player

Saudi Arabia’s Hamad named Asia’s top player KUALA LUMPUR: Saudi Arabia defender Hamad Al Montashari was named Asian Player of the Year yesterday and Japan were crowned Team of the Year at an awards ceremony overshadowed by controversy. The Al Ittihad star beat off the challenge of Uzbekistan’s Dynamo Kiev striker Maksim Shatskikh for a title diminished by the exclusion of most of Asia’s best players because they could not travel to Kuala Lumpur. An Asian Football Confederation (AFC) dictate that a player must attend the ceremony to be eligible for the award ruled out Manchester United star Park Ji-Sung and

FUND VIEW-China and Hong Kong best Asia bets

FUND VIEW-China and Hong Kong best Asia bets Global stock investors should be overweight China and Hong Kong in their portfolios, because the Chinese economy is likely to keep growing at or near double-digit rates, a fund manager at New Star Asset Management said on Monday. But investors should be underweight the technology-heavy markets of Taiwan and South Korea, because of the risk a slowing U.S. economy will slash the profits of low margin exporters, added Jorry Noeddekaer. Our biggest overweight right now is definitely Hong Kong and China. We more or less add these two names together, he told Reuters in an

New energy players rising in Asia

New energy players rising in Asia JAKARTA When Supramu Santosa started in the oil and gas business in Indonesia in 1968, it was dominated by a state-owned company and foreign multinationals. The only job he could get was as a "roughneck," a menial laborer on oil rigs, carrying bags of cement for a meager wage. Three decades later, he owned an oil and gas company. Not many people have heard of Star Energy Group, the company Santosa created in partnership with an Indonesian financial investor in 2003. But its existence is the fruit of an extraordinary personal rise and a

Prince Charles inaugurates Asia Pacific Water meet

Prince Charles inaugurates Asia Pacific Water meet Prince Charles has inaugurated the two-day Asia Pacific Water Conference on Wednesday along with other distinguished guests. Erstwhile ruler of Jodhpur Gaj Singh and UNDP Resident Representative Maxine Olsen were also present at the occasion. In his address, Maxine said that the UNDP is working on an awareness campaign about conservation of water in Asian countries and has launched several projects to educate people about issues of availability, sustainable supply of water, future complications and quality management of water. The UN agency was working in Pakistan and India to improve the quality of water management, he