SingTel to link Asia, Mid-East, Europe<\/p>\n
SINGAPORE: Singapore Telecommunications (SingTel) said
\nWednesday it had joined 12 other carriers to plan and initiate
\nthe construction of a new submarine cable linking Asia, the
\nMiddle East and Western Europe.<\/p>\n
The proposed network will provide much needed bandwidth as
\nexisting cables along the same route are becoming increasingly
\nsaturated, SingTel said in a statement.<\/p>\n
\"Though the current market situation might not seem conducive
\nto embark on this project, this is the opportune time... to plan
\nand build a network to ease the expected bandwidth bottleneck
\nbetween Asia and Europe,\" SingTel's global business vice
\npresident, Lim Shyong, said.<\/p>\n
Details on price and configuration would not be available
\nuntil negotiations with suppliers were completed, a spokesman
\ntold AFP. -- AFP<\/p>\n
;Agencies;
\nANPAf..r..
\nCorporatebrief-Merpati-Philippine
\nMerpati to fly to Philippine weekly
\nJP\/14\/brief<\/p>\n
Merpati to fly to Philippine weekly<\/p>\n
DAVAO, Philippines: Indonesia's Merpati Nusantara Airlines
\nwill begin weekly flights between Davao in the southern
\nPhilippines and Indonesia's Manado, the Indonesian vice-consul
\nsaid here Wednesday.<\/p>\n
Vice Consul Johannes Manginsela said the inaugural flight
\nwould arrive in Davao on Sept. 12 and will fly the route every
\nThursday thereafter, using a 75-seat Fokker-28 jet.<\/p>\n
This would complement a weekly flight between the two cities
\nby Bouraq Airlines of Indonesia and will hopefully boost economic
\nties between the two countries, Manginsela said.<\/p>\n
A Philippine airline previously flew the same route but later
\nstopped because it could not get enough passengers. -- AFP<\/p>\n
;Agencies;
\nANPAf..r..
\nCorporatebrief-Mitsui-Executives
\nExecutives of Mitsui step down
\nJP\/14\/brief<\/p>\n
Executives of Mitsui step down<\/p>\n
TOKYO: Two top executives of major trading house Mitsui and
\nCo. Ltd. resigned Wednesday over bribery allegations in overseas
\npublic works projects in the latest of a series of scandals
\nplaguing Japanese corporations.<\/p>\n
Mitsui president Shinjiro Shimizu and chairman Shigeji Ueshima
\nwill be officially replaced by vice president Nobuo Ohashi as
\nchair and senior managing director Shoei Utsuda as president on
\nSept. 30.<\/p>\n
Their decision to step down was approved at an extraordinary
\nboard meeting early Wednesday, a company spokesman said.<\/p>\n
\"I decided to resign as president to take responsibility and
\nrenew our management system,\" Shimuzu told a news conference at
\nMitsui's headquarters in central Tokyo. -- AFP<\/p>\n
;Agencies;
\nANPAf..r..
\nCorporatebrief-Audi-U.S.
\nAudi wants to double sales in U.S.
\nJP\/14\/brief<\/p>\n
Audi wants to double sales in U.S.<\/p>\n
FRANKFURT: Audi, the top-of-the-range car maker belonging to
\nVolkswagen, aims to double its sales in the United States within
\ntwo or three years by strengthening its sales network there, Audi
\nchairman Martin Winterkorn said in a newspaper interview on
\nWednesday.<\/p>\n
Audi planned to increase by 20-30 percent the number of its
\nU.S. dealers, which currently stands at 300, Winterkorn told the
\nFinancial Times Deutschland.<\/p>\n
The car maker is to take market share from competitors
\nMercedes and BMW, which are much more established in the U.S.
\nthan Audi is, the newspaper said.<\/p>\n
\"We expect to sell 90,000 cars in the U.S. this year,\"
\ncompared with 83,300 in 2001, Winterkorn said. -- AFP<\/p>",
"url": "https:\/\/jawawa.id\/newsitem\/singtel-to-link-asia-mid-east-europe-1447899208",
"image": ""
},
"sponsor": "Okusi Associates",
"sponsor_url": "https:\/\/okusiassociates.com"
}