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 almost $30 million, while turnover grew 14% to reach $123 million for the quarter, the report said.
More: financialexpress.com
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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
HTC Star Trek Asia Availability: Dopod S300
It seems like all the cool phones are released in Asia and Europe, and some (eventually) make their way to the USA. But the good news is that HTCs Star Trek is for sale - at least in Asia. The Star Trek phone design could be the one that launches Windows Mobile devices into the mainstream. Its smaller than a RAZR, stores and plays music with dedicated music buttons on the outside case, and it will sync. your outlook contacts and e-mail. Whats not to like?
And from a recent Business Week Online
Report: Gaming revenue in Asia to increase
Gross revenue from legal casino gambling in Asia will be an estimated $13 billion in 2006, a 20 percent increase over last year, according to a research report.
The report by Globalysis, a Las Vegas-based firm that tracks Asia's casino gaming markets, said the estimate had a margin of error of 10 percent. It attributed the increase largely to new tourist facilities in Macau and "associated increased activity" at the Chinese enclave's renowned gaming centers.
It said the biggest jump in revenue -- an estimated $4 billion -- would come in the fourth quarter of 2006,
Barclays Capital counts on strong Asia growth
Barclays Capital, the investment banking arm of Barclays , is counting on Asian revenue growth of at least 25 percent a year, Chief Executive Bob Diamond said on Sunday, as the banks overseas businesses now make up about half of its total profits.
Barclays Capital (BarCap) is counting on equity and credit derivatives and commodities businesses to drive a large part of the regions growth, Diamond said at a media briefing.
Twenty-five percent would be the starting point of where wed see the growth in Barclays Capital here to be, he said, noting that level was
Asia to replace US as worlds growth driver
Asia is forecast to replace the United States as the key driver of global growth within five years, a published report said on Tuesday.
In five years time, domestic demand growth from Asia will outstrip that of the US, said DBS Bank economist David Carbon in the latest Quarterly Outlook.
The US will no longer be the biggest driver, he said. That role will fall to Asia. Indeed, it already has to a far greater extent than most realize.
The baton is passing and it will soon be complete, he predicted.
Asia already
