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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

(BW) Rock Solid Images Announces Asia Pacific Expansion

(BW) Rock Solid Images Announces Asia Pacific Expansion Rock Solid Images today announced the opening of an office in Kuala Lumpur, Malaysia to better serve our growing customer base in the Asia Pacific region. Rock Solid Images will provide a full range of consulting services for reservoir characterization; delivering well-based rock-physics and seismic models, seismic data pre-conditioning, inversion for lithology and fluid prediction and seismic facies modeling. In addition to consulting services, Rock Solid Images will provide support for software products such as iMOSS(R) and work with clients in both multi-client and proprietary models to build data-bases of well-based petrophysical and geophysical

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

Asia faces jobs crisis that could hit growth

Asia faces jobs crisis that could hit growth Asia is heading towards an employment crisis that could lead to social breakdown and a rapid collapse in growth rates, the Asian Development Bank has warned. The outlines of an Asian employment crisis are already taking shape, Ifzal Ali, the ADBs chief economist, said in New Delhi. Strong economic growth alone will not solve the [regions] problem. The slow pace of job creation even in countries with relatively high growth rates has left 500m unemployed or underemployed in a region with a total labour force of 1.7bn. Another 245m are set to join the

Telecom equipment sales to reach US$47 billion in Asia-Pacific in 2007

Telecom equipment sales to reach US$47 billion in Asia-Pacific in 2007 The Asia-Pacific telecom equipment market will grow at a compound annual growth rate (CAGR) of 4.6% from US$43 billion in 2005 to US$47 billion in 2007, according to In-Stat. Major growth drivers in the region include the expansion of all types of networks in China and India, accelerating deployment of high-speed Internet access networks in developed markets including Japan and South Korea, as well as the implementation and extension of third-generation (3G) wireless networks throughout the Asia-Pacific equipment market, the market research firm noted. As competition will intensify in the marketplace,