LEWIS 360 | What's happening in Hong Kong?

LEWIS 360 | What's happening in Hong Kong? 07/10/09

Wed, 07 Oct 2009 00:00:00 BST

LEWIS 360 | What�s happening in HK? 07/10/09
Visit the LEWIS 360 blog at: http://www.lewis360.com

BUSINESS

China retail sales boom in National Day Holiday

China�s retail sales hit 14 billion yuan (US$2 billion) during the first three days of the National Day Holiday, up 15 percent from the same period of last year, the Ministry of Commerce said yesterday.
http://www.shanghaidaily.com

Asian firms to reign: Fitch

Asian companies will emerge as new global champions by 2012 and their hunger for oversea.
http://www.thestandard.com.hk

HSBC pumps up Asia growth forecast to 7.6pc

HSBC Holdings has raised its economic growth forecast for next year for Asia, excluding Japan, to 7.6 per cent from 6.9 per cent, led by faster expansions in China, South Korea and Singapore.
http://www.scmp.com

IT

Macs and PCs found shacking up

While the number of Apple-owning households continues to grow, the vast majority of those Macs are sharing space with at least one Windows-based PC, according to a new study.
http://www.zdnetasia.com/news/hardware/0,39042972,62058347,00.htm

iSuppli sees foundries thinning ranks in 2010

The semiconductor foundry market is forecast to return to growth in 2010 after a terrible 2009. But the downturn has already had its impact, and iSuppli sees that it is likely to thin the ranks of the top-tier pure-play suppliers down to just three major players in the future.
http://www.eetasia.com/ART_8800586087_480200_NT_ecb95aa6.HTM

TELECOM
Nortel to auction off GSM/GSM-R business

Nortel is set to sell off its global GSM/GSM-R business through an �open auction� process, in the latest attempt to auction out the bankruptcy company�s assets.
http://www.telecomasia.net

Microsoft launches new mobile OS, app store

Microsoft has announced the launch of the first handsets running on Windows Mobile 6.5, which it has rebranded as Windows Phone.
http://www.telecomasia.net

ITU: Going green, but not fast enough

In the battle to reduce carbon emissions, Henry Derwent, CEO of the International Emissions Trading Association, said ICT is both a help and a hindrance.
http://www.telecomasia.net

INTERNET

Hollywood hunts The Pirate Bay; site down again

The Pirate Bay was once again inaccessible on Monday afternoon after a group representing copyright owners forced the BitTorrent search engine's bandwidth provider to cut off service, according to a published report.
http://www.zdnetasia.com/news/internet/0,39044908,62058349,00.htm

SFC says fake websites target unwary investors

Fraudsters have been targeting the Securities and Futures Commission, with several fake websites found to have been posing as the internet site of the city's financial regulator.
http://www.scmp.com

MARKET WATCH

Heng Seng Index: 21,129.11(+317.58)
Shanghai B: 193.50 (+0.83)
Shenzhen B: 502.80 (+5.77)
Nikkei: 7,587.66(+51.60)
TWII 9,783.20(+91.40)

Subscribe to LEWIS What�s happening in the HK? via RSS at:
http://feeds.feedburner.com/lewis_whhk
________________________________

Any queries on �LEWIS What�s happening?�, please contact:

Carrie Tsoi
LEWIS Global Public Relations

Room 1611, 16/F, Harcourt House
39 Gloucester Road
Wanchai, Hong Kong

Tel: +852 2151 4711
Mobile: +852 9237 2434
Web: www.lewispr.com

If you would like to unsubscribe to this service, or would like to suggest
others in your company who might also benefit, please return email to
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Technorati Tag: LEWIS PR

LEWIS 360 | What's happening in Hong Kong? 05/10/09

Mon, 05 Oct 2009 00:00:00 BST

LEWIS 360 | What�s happening in HK? 05/10/09
Visit the LEWIS 360 blog at: http://www.lewis360.com

BUSINESS

Landlords make a killing as the 'billboard jungle' takes root

Hong Kong landlords are famous for squeezing revenue out of every last square inch of their buildings. For some, that means renting not just the horizontal surfaces, but the vertical ones as well
http://www.scmp.com

Celestial sales hit $1b in four days

Cheung Kong (Holdings) (0001) has reaped nearly HK$1 billion from selling 45 homes at Celestial Heights Phase II in the past four days.
http://www.thestandard.com.hk

China is top contributor to world economic growth: NBS

China contributed 19.2 percent of the world economic growth in 2007, up from 2.3 percent in 1978, a report by the National Bureau of Statistics (NBS) has said.
http://www.chinadaily.com.cn

IT

Dell ups the SaaS ante with infrastructure focus

Dell is pushing its software as a service business, with a strict focus on infrastructure management and business continuity.
http://www.networksasia.net

Why CIOs are saying no to Macs

Apple's desktop market share has been inching up for some time and, if analyst stats are right, now hovers around the eight per cent mark.
http://www.zdnetasia.com/news/hardware/0,39042972,62058304,00.htm

VARTA, Volkswagen form Li-ion battery JV    

The two companies are planning a joint venture to develop future battery systems for vehicles with electric drive.
http://www.eetasia.com

TELECOM
Nortel to auction off GSM/GSM-R business

Nortel is set to sell off its global GSM/GSM-R business through an �open auction� process, in the latest attempt to auction out the bankruptcy company�s assets.
http://www.telecomasia.net

Korea passes Japan by actual broadband speed: study

Korea has overtaken Japan this year to become the nation with the fastest broadband connections in real terms, according to recent research.
http://www.telecomasia.net

INTERNET

IBM aims at Google, Microsoft with new Webmail

IBM has launched LotusLive iNotes, an on-demand e-mail, calendaring and contact management system meant to compete with the likes of Gmail and Microsoft Exchange, the company said Friday.
http://www.cw.com.hk

Fake antivirus overwhelming scanners

Fake antivirus programs are multiplying at such a rate they could start to overwhelm the detection capabilities of signature-based scanners, the latest figures from the Anti-Phishing Working Group (APWG) have hinted.
http://www.networksasia.net/

Shenzhen Government, Alibaba jointly develop E-commerce platform

The municipal government of Shenzhen and the Chinese business-to-business e-commerce company Alibaba Group have signed a strategic agreement for the establishment of an e-commerce platform.
http://www.chinatechnews.com

Unlimited storage for McAfee's Online Backup

Internet security provider McAfee has announced Online Backup, a service that automatically uploads hard drive data to a remote server via the internet.
http://software.silicon.com/security/0,39024655,39554591,00.htm

MARKET WATCH

Heng Seng Index: 20,381.14 (+5.56)
Nikkei: 9,736.63 (+4.76)
TWII 7,401.94 (-9.94)

Subscribe to LEWIS What�s happening in the HK? via RSS at:
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________________________________

Any queries on �LEWIS What�s happening?�, please contact:

Carrie Tsoi
LEWIS Global Public Relations

Room 1611, 16/F, Harcourt House
39 Gloucester Road
Wanchai, Hong Kong

Tel: +852 2151 4711
Mobile: +852 9237 2434
Web: www.lewispr.com

If you would like to unsubscribe to this service, or would like to suggest
others in your company who might also benefit, please return email to
carriet@lewispr.com

Technorati Tag: LEWIS PR

LEWIS 360 | What's happening in Hong Kong? 28/09/09

Mon, 28 Sep 2009 00:00:00 BST

LEWIS 360 | What�s happening in HK? 28/09/09
Visit the LEWIS 360 blog at: http://www.lewis360.com

BUSINESS

China's CPI to grow in November: Standard Chartered report

China's consumer price index (CPI), a major inflation gauge, might begin to see growth since November, Stephen Green, head of research for Standard Chartered Bank in Shanghai, told Xinhua Saturday.
http://www.chinadaily.com.cn/

Taipei launches rescue plan to turn railway's high-speed losses around

A futuristic rail service linking Taiwan's two largest cities with hyper-modern technology was meant to be a source of pride, but instead it has turned into a rich source of embarrassment
http://www.scmp.com

JAL flies on

Japan's transport minister says he will not force struggling Japan Airlines - Asia's biggest carrier - into bankruptcy.
http://www.thestandard.com.hk

IT

ERP data problems cost firms HK$7.4 million a month

Poor planning and integration of e-commerce and ERP systems is costing major organizations up to �600,000 a month (HK$7.4 million) until problems are sorted out.
http://www.cw.com.hk

Gartner: Turn server heat up

Data center managers should turn server temperatures up to 75 degrees Fahrenheit, and adopt more aggressive policies for IT energy measurement, Gartner says in a new report.
http://www.networksasia.net

Windows 7 drives RAM capacity explosion; Vista SP2 usage rising

Windows 7 will drive the average PC RAM capacity to 4GB in the next 18 months. That's the conclusion of researchers at the exo.performance.network who are monitoring the ramp-up to Windows 7's launch on Oct 22.
http://www.cw.com.hk

SAP offers 'free' CRM for ERP buyers

SAP said this week that midsize companies that purchase the Business All-in-One suite or SAP ERP will also receive its CRM (customer relationship management) application.
http://www.networksasia.net/

TELECOM

OPhone launch date set

China Mobile (0941) says its long- awaited OPhone will go on sale in Shanghai during the National Day Golden Week beginning on Thursday.
http://www.thestandard.com.hk

MediaTek to shift to 45nm in 1Q10

MediaTek plans to leap to 45nm processing for 3G chips in the first quarter of 2010 despite that volume production of 65nm WCDMA chips is scheduled to begin in the fourth quarter of 2009 at the earliest, according to industry sources.
http://www.digitimes.com/news/a20090925PD216.html

INTERNET

Twitter gets new round of funding, new backers

Twitter received $100 million in funding on Friday, valuing the company at $1 billion, according to a person familiar with the matter, as investors bet that the Web company's explosive growth will yield actual revenue or a lucrative deal.
http://www.reuters.com/article/technologyNews/idUSTRE58L4C520090926

China publishes search engine marketing regulation

The Internet Society of China, China Communications Standards Association, and Chinese search engine company Baidu.com have jointly published the Search Engine Marketing Standard and Regulation.
http://www.chinatechnews.com

MARKET WATCH

Heng Seng Index: 20,762.96(-261.44)
Shanghai B 199.71 (+0.63)
Shenzhen B 512.14 (+3.45)
Nikkei: 10,023.99(-241.99)
TWII 7,299.57(-45.65)

Subscribe to LEWIS What�s happening in the HK? via RSS at:
http://feeds.feedburner.com/lewis_whhk
________________________________

Any queries on �LEWIS What�s happening?�, please contact:

Carrie Tsoi
LEWIS Global Public Relations

Room 1611, 16/F, Harcourt House
39 Gloucester Road
Wanchai, Hong Kong

Tel: +852 2151 4711
Mobile: +852 9237 2434
Web: www.lewispr.com

If you would like to unsubscribe to this service, or would like to suggest
others in your company who might also benefit, please return email to
carriet@lewispr.com

Technorati Tag: LEWIS PR

LEWIS 360 | What's happening in Hong Kong? 25/09/09

Fri, 25 Sep 2009 00:00:00 BST

LEWIS 360 | What�s happening in the HK? 25/09/09
Visit the LEWIS 360 blog at: http://www.lewis360.com

BUSINESS

Total exports value falls 13.9

The value of Hong Kong's total exports and imports in August fell 13.9 and 9.8 over the same period last year, the Census & Statistics Department says.
http://www.news.gov.hk/en/category/businessandfinance/090924/html/090924en03001.htm

Average wage rate falls 1.9

The average wage rate for June dropped 1.9 in nominal terms over the same month last year, the Census & Statistics Department says.
http://www.news.gov.hk/en/category/businessandfinance/090924/html/090924en03002.htm

IT

Gartner raises forecast for global PC market

The dark clouds looming over the PC industry may finally be lifting, but not in time to stimulate annual market growth, according to Gartner.
http://www.telecomasia.net

Gartner: Turn server heat up

Data center managers should turn server temperatures up to 75 degrees Fahrenheit, and adopt more aggressive policies for IT energy measurement, Gartner says in a new report.
http://www.networksasia.net/content/gartner-turn-server-heat

TELECOMMUNICATIONS

Vodafone gets social with new 360 service

Vodafone is aiming to refashion its mobile web business around the address book and social networking with the launch of its Vodafone 360 brand.
http://www.telecomasia.net

China Mobile Cooperates With Ten Content Providers To Promote Mobile Phone Reading
Chinese telecom operator China Mobile has reached cooperation with ten Chinese content providers to jointly promote the development of the mobile phone reading industry.
http://www.chinatechnews.com/2009/09/25/10673-china-mobile-cooperates-with-ten-content-providers-to-promote-mobile-phone-reading

INTERNET

Twitter Lines Up Additional Funding

Twitter Inc. is nearing a deal for as much as $100 million in new funding that would buy the fast-growing Internet-messaging company more time to figure out its business model, according to people familiar with the situation.
http://online.wsj.com/article/SB125382643140938735.html

Google suffers second email disruption in a month

Google Inc's Web-based email service on Thursday suffered its second technical problem in a month as users reported difficulty accessing their contacts.
http://www.reuters.com/article/technologyNews/idUSTRE58L6JA20090924

MARKET WATCH

Heng Seng Index: 20,879.68 (-171.05)
Shanghai B 199.19 (+0.10)
Shenzhen B 517.91 (+1.54)
Nikkei: 10,319.03 (-225.19)
TWII 7,324.22 (-52.54)

Subscribe to LEWIS What�s happening in the HK? via RSS at:
http://feeds.feedburner.com/lewis_whhk
________________________________

Any queries on �LEWIS What�s happening?�, please contact:

Doris Mak
Senior Account Manager
LEWIS � Global Public Relations

Room 1611, 16/F, Harcourt House
39 Gloucester Road
Wanchai, Hong Kong

Tel: +852 2151 4722
Fax: +852 2151 4733
Mobile: +852 9233 0422
AIM: dorismakichat
Web: www.lewispr.com
Agency blog: www.lewis360.com

PRWEEK - International Consultancy of the Year finalist, 2006, 2007
Chartered Institute of Public Relations (CIPR) Excellence finalists, 2006
Best Companies - Michelin-rated one star accreditation, 2006
The Holmes Report - Top Ten international consultancies, 2005

If you would like to unsubscribe to this service, or would like to suggest
others in your company who might also benefit, please return email to
dorismak@lewispr.com

Technorati Tag: LEWIS PR

LEWIS 360 | What's happening in Hong Kong? 24/09/09

Thu, 24 Sep 2009 00:00:00 BST

LEWIS 360 | What�s happening in the HK? 24/09/09
Visit the LEWIS 360 blog at: http://www.lewis360.com

BUSINESS

Wynn plays Chinese card on eve of IPO launch

Las Vegas casino billionaire Steve Wynn yesterday officially confirmed what gaming industry watchers have known for some time: the company he serves as chairman and chief executive is turning "Chinese�.
http://www.scmp.com

Currency stability paramount, says China central bank chief

Chinese central bank governor Zhou Xiaochuan said currency stability is the most important goal of monetary policy as exporters called on the government to delay appreciation of the yuan.
http://www.thestandard.com.hk

IT

HP abandons EDS brand

HP Wednesday announced it would leave the EDS brand behind and rename its IT services provider business HP Enterprise Services.
http://www.networksasia.net

Gartner: PC sales to make slight recovery by year's end

Despite earlier, more dire predictions, PC sales are now estimated to fall off just 2 percent from 2008 totals, according to a report released Wednesday.
http://www.zdnetasia.com/news/hardware/0,39042972,62058029,00.htm

IBM and Microsoft back Zend's cloud API plan

IBM and Microsoft have added their backing to a plan by developer tools specialist Zend Technologies to create an open source application-programming interface that would make it easier for organizations to switch cloud providers.
http://www.zdnetasia.com/news/internet/0,39044908,62058028,00.htm

TELECOM

Phone card distribution allowed in GD

Hong Kong service suppliers can distribute fixed/mobile telephone cards in Guangdong from October 1. The cards can only be used to make local and external calls in Hong Kong.
http://www.news.gov.hk

Huawei, Alcatel-Lucent help build active infrastructure of Singapore's next-gen nationwide broadband network

Nucleus Connect, Singapore�s next-gen NBN Operating Company (OpCo) has selected Huawei as the active network equipment supplier and Alcatel-Lucent as operations and business support systems (OSS/BSS) system integrator to support the build-out of the active infrastructure of the island-state's next-gen NBN.
http://www.networksasia.net

INTERNET

Asia enterprises more vulnerable to cybercrime

Asian enterprises are among the most vulnerable in the world to digital attacks and cybercrime, due to an overall complacency about web and email security
http://www.networksasia.net

Twitter phishing scam spreads via direct messages

A new phishing scam is spreading through Twitter via direct messages, according to several reports.
http://www.zdnetasia.com/news/security/0,39044215,62058027,00.htm

MARKET WATCH

Heng Seng Index: 21,147.15 (-448.37)
Shanghai B 199.17 (+0.07)
Shenzhen B 508.70 (+2.32)
Nikkei: 10,548.42 (+177.88)
TWII 7,365.66 (+11.11)

Subscribe to LEWIS What�s happening in the HK? via RSS at:
http://feeds.feedburner.com/lewis_whhk
________________________________

Any queries on �LEWIS What�s happening?�, please contact:

Carrie Tsoi
LEWIS Global Public Relations

Room 1611, 16/F, Harcourt House
39 Gloucester Road
Wanchai, Hong Kong

Tel: +852 2151 4711
Mobile: +852 9237 2434
Web: www.lewispr.com

If you would like to unsubscribe to this service, or would like to suggest
others in your company who might also benefit, please return email to
carriet@lewispr.com

Technorati Tag: LEWIS PR

LEWIS 360 | What's happening in Hong Kong? 23/09/09

Wed, 23 Sep 2009 00:00:00 BST

LEWIS 360 | What�s happening in the HK? 23/09/09
Visit the LEWIS 360 blog at: http://www.lewis360.com

BUSINESS

CPI dips 1.6 in Aug, most in 5 years

The city's consumer prices fell by the most in five years in August as elevated unemployment discouraged spending.
http://www.chinadaily.com.cn/hkedition/2009-09/23/content_8723210.htm

Growth in region to surpass expectations

The region's economies are poised for better than expected growth this year and next as strong government support and stable financial systems have helped soften the blow of the global downturn, the Asian Development Bank said yesterday.
http://www.scmp.com

The news from RTHK: Station stays tuned

Public broadcaster RTHK will continue to function as a department of the government.
http://www.thestandard.com.hk/news_detail.asp?we_cat=11&;art_id=88249&sid=25457105&con_type=1&d_str=20090923&fc=4

Dow Jones to close Far Eastern Economic Review

News Corp�s Dow Jones & Co plans to shut down the Far Eastern Economic Review, its storied Hong Kong-based monthly magazine struggling with losses as readers and advertisers move to the internet.
http://www.scmp.com

IT

Online buildings record viewing goes life in Hong Kong

The Buildings Department in Hong Kong recently launched its Building Records Access & Viewing Online, estimating that the number of applications for viewing and copying services through the online system to reach 25,000 and 20,000 every year.
http://www.cw.com.hk

Hong Kong to launch electronic incorporation of companies

The Companies Registry said Monday it will launch electronic incorporation of companies in the next financial year.
http://www.cw.com.hk

TELECOMMUNICATIONS

SmarTone to invest $23m in Macau 3G network

SmarTone will spend 180 million patacas ($22.6 million) on its new 3G network in Macau.
http://www.telecomasia.net

China Mobile passes 500m subs mark

China Mobile has become the world�s first mobile operator to pass the half-billion subscriber mark.
http://www.telecomasia.net

INTERNET

Google losing in China as new users go to Baidu

Google's share of the online search market in China has slipped this year and will continue falling because Baidu is more popular among new Web users in the country, a government report said late Monday.
http://www.cw.com.hk

MARKET WATCH

Heng Seng Index: 21,701.14 (+228.29)
Shanghai B 201.53 (-3.49)
Shenzhen B 517.10 (-7.74)
Nikkei: 10,370.54 (-73.26)
TWII 7,469.03 (-33.43)

Subscribe to LEWIS What�s happening in the HK? via RSS at:
http://feeds.feedburner.com/lewis_whhk
________________________________

Any queries on �LEWIS What�s happening?�, please contact:

Doris Mak
Senior Account Manager
LEWIS � Global Public Relations

Room 1611, 16/F, Harcourt House
39 Gloucester Road
Wanchai, Hong Kong

Tel: +852 2151 4722
Fax: +852 2151 4733
Mobile: +852 9233 0422
AIM: dorismakichat
Web: www.lewispr.com
Agency blog: www.lewis360.com

PRWEEK - International Consultancy of the Year finalist, 2006, 2007
Chartered Institute of Public Relations (CIPR) Excellence finalists, 2006
Best Companies - Michelin-rated one star accreditation, 2006
The Holmes Report - Top Ten international consultancies, 2005

If you would like to unsubscribe to this service, or would like to suggest
others in your company who might also benefit, please return email to
dorismak@lewispr.com

Technorati Tag: LEWIS PR

LEWIS 360 | What's happening in Hong Kong? 21/09/09

Mon, 21 Sep 2009 00:00:00 BST

LEWIS 360 | What�s happening in the HK? 21/09/09
Visit the LEWIS 360 blog at: http://www.lewis360.com

BUSINESS

Li Ka-shing leads surge in buying

Buying surged while selling among directors was flat last week, based on filings on the Hong Kong stock exchange from Monday to Friday. Twenty-six firms recorded 124 purchases worth HK$130 million while 16 companies made 55 disposals worth HK$65 million.
http://www.scmp.com

Goldman Invests $250 Million In Geely Auto's Expansion

A Goldman Sachs Group Inc.-managed private equity fund is investing about $250 million in Geely Holding Group's Hong Kong-listed arm to fund the Chinese auto maker's growth ambitions, according to a person familiar with the matter.
http://online.wsj.com/article/SB125336135937225281.html

Wynn Said to Seek $1.63 Billion in IPO of Macau Casino Assets

Wynn Resorts Ltd. plans to raise as much as HK$12.6 billion ($1.63 billion) in a Hong Kong initial public offering of its Macau casino assets, two people familiar with the matter said.
http://www.bloomberg.com/apps/news?pid=20601080&;sid=aJm_lhwdM4VM

IT

Study: Hong Kong Millennials most receptive to health info emails

Millennials in Hong Kong, at 76 percent, are more willing to receive emails containing health information than their peers in other parts of the world, said multichannel marketing services company Epsilon Wednesday.
http://www.cw.com.hk

Analyst group says Windows 7 will "change the world"

The new Microsoft Windows 7 operating system (OS) due for launch in October, will likely change the personal computer industry forever, according to research house Frost & Sullivan.
http://www.networksasia.net/content/analyst-group-says-windows-7-will-change-world

TELECOMMUNICATIONS

China Mobile to run e-book service like Amazon

China Mobile, the world's largest mobile carrier by subscribers, will offer over 100,000 e-books for download on upcoming wireless e-readers, a maker of the devices said.
http://www.cw.com.hk

FCC to propose net neutrality rules

FCC chairman Julius Genachowski will tonight announce �net neutrality� rules that would prevent operators from discriminating against different kinds of content being carried over their networks.
http://www.telecomasia.net

INTERNET

Apple's flat rejection of Google Voice

Apple told Google that it had rejected its voice calling app in a phone call to a senior executive on July 7, according to Google.
http://www.telecomasia.net

MARKET WATCH

Heng Seng Index: 21,538.36 (-85.09)
Shanghai B 203.17 (-0.74)
Shenzhen B 520.83 (-2.26)
Nikkei: 10,370.54 (-73.26)
TWII 7,469.58 (-56.97)

Subscribe to LEWIS What�s happening in the HK? via RSS at:
http://feeds.feedburner.com/lewis_whhk
________________________________

Any queries on �LEWIS What�s happening?�, please contact:

Doris Mak
Senior Account Manager
LEWIS � Global Public Relations

Room 1611, 16/F, Harcourt House
39 Gloucester Road
Wanchai, Hong Kong

Tel: +852 2151 4722
Fax: +852 2151 4733
Mobile: +852 9233 0422
AIM: dorismakichat
Web: www.lewispr.com
Agency blog: www.lewis360.com

PRWEEK - International Consultancy of the Year finalist, 2006, 2007
Chartered Institute of Public Relations (CIPR) Excellence finalists, 2006
Best Companies - Michelin-rated one star accreditation, 2006
The Holmes Report - Top Ten international consultancies, 2005

If you would like to unsubscribe to this service, or would like to suggest
others in your company who might also benefit, please return email to
dorismak@lewispr.com

Technorati Tag: LEWIS PR

LEWIS 360 | What's happening in Hong Kong? 18/09/09

Fri, 18 Sep 2009 00:00:00 BST

LEWIS 360 | What�s happening in the HK? 18/09/09
Visit the LEWIS 360 blog at: http://www.lewis360.com

BUSINESS

Jobless rate stable at 5.4

The unemployment rate was 5.4 in the June-August period, unchanged on the May-July quarter. The underemployment rate stayed at 2.4.
http://www.news.gov.hk/en/category/atschool/090917/html/090917en02002.htm

HK, China shares rally on ample liquidity, optimism

Hong Kong and mainland Chinese
shares extended early gains and tracked firmer markets overseas,
fuelled by ample liquidity and optimism for more positive
economic data.
http://www.reuters.com/article/rbssInvestmentServices/idUSHKG36968920090917

Brands win favour as spending power grows

China Mobile (SEHK: 0941, announcements, news) , QQ messaging and Master Kong instant noodles are favourites among mainland consumers, but brand loyalty is being challenged amid rising affluence.
http://www.scmp.com

IT

IBM green city lab aims for Chinese government deals

IBM will develop green city planning applications with a Chinese municipality that it could sell in other government deals in China, the company said Wednesday.
http://www.cw.com.hk

Oracle profits rise but sales fall in Q1

Oracle's first-quarter net income rose by 4 percent year-over-year to US$1.1 billion, but revenue fell by 5 percent to $5.1 billion, the company said Wednesday. Earnings per share were $0.22.
http://www.cw.com.hk

TELECOMMUNICATIONS

Court green-lights sale of Nortel assets to Avaya

US and Canadian bankruptcy courts have approved Avaya�s $915 million acquisition of Nortel�s enterprise assets.
http://www.telecomasia.net

China Mobile iPhone killer will not be cheap

Lenovo Mobile is designing handsets for China's national 3G mobile standard that will sell for as little as US$150, but its high-end handset made to rival the iPhone is not one of them, the company said Wednesday.
http://www.cw.com.hk

INTERNET

Yahoo Plans to Expand Upgraded Email in Asia, Europe

Yahoo Inc. plans to expand the rollout of its enhanced Web-based email service in Asia and Europe in the next few months, as the Internet company aims to strengthen its online advertising business by making its core Web properties more compelling to users.
http://online.wsj.com/article/SB125318522399219301.html

Google Buys Start-Up for Book Scanning

Google Inc. acquired a Web fraud prevention start-up that can help the Internet giant on another project: Its effort to scan newspapers and books for Internet distribution.
http://online.wsj.com/article/SB125312746671516893.html

MARKET WATCH

Heng Seng Index: 21,768.51 (+365.59)
Shanghai B 207.32 (+3.376)
Shenzhen B 534.25 (+10.52)
Nikkei: 10,378.83 (-64.97)
TWII 7,477.30 (+37.06)

Subscribe to LEWIS What�s happening in the HK? via RSS at:
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LEWIS 360 | What's happening in Hong Kong? 17/09/09

Thu, 17 Sep 2009 00:00:00 BST

LEWIS 360 | What�s happening in the HK? 17/09/09
Visit the LEWIS 360 blog at: http://www.lewis360.com

BUSINESS

HK shares rise, Cathay soars

Hong Kong share prices were 1.52 per cent higher in morning, with the benchmark Hang Seng Index up at 21,727.53.
http://www.scmp.com

Survey: Hong Kong workers want new jobs in three months' time

Almost half of Hong Kong workers, at 49 percent, hope to get a new job in three months' time, said recruitment consultancy firm Robert Walters that recently surveyed more than 3,200 professionals in five Asian markets including Hong Kong, China, Singapore, Malaysia, and Thailand.
http://www.cw.com.hk

IT

Report: Apple to launch tablet in February 2010

Apple will launch a tablet-style device sporting a 9.6-inch display in February 2010, according to sources cited by a Taiwanese Web publication Tuesday.
http://www.cw.com.hk

VMware completes purchase of Java vendor SpringSource

VMware has completed its acquisition of enterprise Java vendor SpringSource, a $362 million deal designed to help customers build, run and manage applications to be run on cloud-based platforms.
http://www.cw.com.hk

TELECOM

3 network revamp to heat up mobile wars

Hutchison Telecommunications (SEHK: 2332) Hong Kong Holdings, which runs both wireless and fixed-line communications services, has signalled a new front in the mobile broadband war in the city.
http://www.scmp.com

Huawei ships over 60m mobile broadband units worldwide

Huawei announced it had shipped its 60 millionth mobile broadband unit. The company supplies data cards, dongles and embedded modules to more than 133 countries worldwide
http://www.telecomasia.net/

INTERNET

Google buys anti-spam service to help digitize books

Google announced that it has acquired reCAPTCHA, a company whose technology can help protect websites from spam and fraud as well as improving the digitization of books.
http://news.xinhuanet.com/english/2009-09/17/content_12065543.htm

Microsoft Bing Pings Google

The new search engine, which was first brought out in May to do battle with rival Google, saw its share of the search market grow by 22.1 from 9 in July to 10.7 in August. The results made Bing the fastest growing search engine in the top 10 list, according to the Nielsen Co.
http://www.pcworld.com/article/172134/microsoft_bing_pings_google.html

Phone calling coming to Twitter

Twitter users on Thursday will, for the first time, be able to make voice calls directly to each other through the microblogging service.
http://www.zdnetasia.com/news/internet/0,39044908,62057843,00.htm

New scam adds live chat to phishing attack

Online scammers have created a phishing site masquerading as a U.S.-based bank that launches a live chat window where victims are tricked into revealing more information, researchers at the RSA FraudAction Research Team said on Wednesday.
http://www.zdnetasia.com/news/security/0,39044215,62057836,00.htm

MARKET WATCH

Heng Seng Index: 21,800.50 (+397.58)
Shanghai B 206.78 (+2.84)
Shenzhen B 533.54 (+9.80)
Nikkei: 10,407.42 (+136.65)
TWII 7,500.05 (+59.81)

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________________________________

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Carrie Tsoi
LEWIS Global Public Relations

Room 1611, 16/F, Harcourt House
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Wanchai, Hong Kong

Tel: +852 2151 4711
Mobile: +852 9237 2434
Web: www.lewispr.com

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LEWIS 360 | What's happening in Hong Kong? 16/09/09

Wed, 16 Sep 2009 00:00:00 BST

LEWIS 360 | What�s happening in the HK? 16/09/09
Visit the LEWIS 360 blog at: http://www.lewis360.com

BUSINESS

Hang Seng Index dips at close of half-day session

Hong Kong shares slid 0.31 percent in the afternoon after a severe tropical storm forestalled the morning session, with investors staying away for fresh incentives despite stronger China stocks and overseas markets.
http://www.thestandard.com.hk

Banking sector steps up pressure to reduce buying time

The Hong Kong Association of Banks is aiming to shorten the time it takes to purchase financial products
http://www.thestandard.com.hk

Foreign investment rebounds in August

Foreign direct investment on the mainland grew on a year-on-year basis last month for the first time in 11 months, aiding government efforts to revive the economy.
http://www.scmp.com

IT

Adobe to buy Omniture for $1.8 billion

Adobe Systems Inc plans to pay $1.8 billion for fast-growing business software maker Omniture Inc as the maker of Photoshop and Acrobat looks to turn around declining sales.
http://www.reuters.com/article/technologyNews/idUSTRE58E78320090915

Avaya wins Nortel enterprise business for $900 million

Avaya has emerged as the winning bidder for Nortel�s enterprise business, reportedly beating out Siemens Enterprise Communications over the weekend.
http://www.cw.com.hk

Microsoft to pay Windows 7 promoter HK$7,777 a day

Microsoft Hong Kong is now recruiting Windows 7 promoters who will be paid HK$7,777 each for a day's work in late October when the software giant launches its new OS.
http://www.cw.com.hk

TELECOM

Richard Li calls off appeal against privatization ruling

Richard Li has decided not to appeal against a Hong Kong court decision that terminated his planned privatization of PCCW.
http://www.telecomasia.net

Windows Mobile support could be affected by Nokia pact
A Motorola executive has disputed the belief of some analysts that last month's Microsoft Corp.-Nokia Corp. agreement to jointly put Microsoft Office applications on Nokia handsets could mean that support for Windows Mobile could end within a couple of years.
http://www.networksasia.net

Motorola gets back in the game with Android phone  

Playing catch up in the rapidly evolving smart phone market, Motorola Inc. unveiled its first Android-based handset and a proprietary service designed to emphasize social networking applications.
http://www.eetasia.com

INTERNET

AIA teams with Alipay for new sales channel in China

American International Assurance has reached a cooperative agreement with Alipay, the Internet payment subsidiary of the Chinese B2B e-commerce group Alibaba, and the two will jointly develop an e-commerce insurance sales channel for online shopping customers.
http://www.chinatechnews.com

Businesses overlooking biggest security risks

Organizations are finding it difficult to prioritize defense strategies against cyberattacks because most of them do not have an Internet-wide view of the attacks, according to a report from Sans, the security training organization.
http://www.zdnetasia.com

MARKET WATCH

Heng Seng Index: 21,220.38 (+354.01)
Shanghai B 202.69 (-2.56)
Shenzhen B 523.86 (-4.27)
Nikkei: 10,339.43 (+121.81)
TWII 7,413.44 (+67.18)

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________________________________

Any queries on �LEWIS What�s happening?�, please contact:

Carrie Tsoi
LEWIS Global Public Relations

Room 1611, 16/F, Harcourt House
39 Gloucester Road
Wanchai, Hong Kong

Tel: +852 2151 4711
Mobile: +852 9237 2434
Web: www.lewispr.com

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LEWIS 360 | What's happening in Hong Kong? 14/09/09

Mon, 14 Sep 2009 00:00:00 BST

LEWIS 360 | What�s happening in the HK? 14/09/09
Visit the LEWIS 360 blog at: http://www.lewis360.com

BUSINESS

Airport remains cautious in slow recovery

Air traffic figures continued to improve in August, but the Airport Authority is maintaining a cautious outlook because of the slow recovery in global aviation.
http://www.scmp.com

MPF rally needs more time

Despite a rally in global equity markets, Hong Kong workers may have to wait longer for their Mandatory Provident Fund accounts to recover from last year's massive loss caused by the financial meltdown, MPF providers say.
http://www.thestandard.com.hk

China's August CPI falls 1.2, PPI falls 7.9

China's consumer price index (CPI), a major gauge of inflation, dipped 1.2 percent in August from a year earlier, the National Bureau of Statistics (NBS) said.
http://www.chinadaily.com.cn

IT

Microsoft forms, funds new open-source foundation

Microsoft has founded and is providing the funding for a new foundation aimed at bringing open-source and proprietary software companies together to participate side by side in open-source projects.
http://www.cw.com.hk

TELECOM

2009 North Asia mobile services top $183B

Frost & Sullivan forecasts that mobile services in North Asia will reach billings of US$229.8 billion by end-2014.
http://www.eetasia.com

GSMA endorses new 3GPP standard

The GSM Association (GSMA) has accepted a new 3GPP standard called the Integrated Mobile Broadcast (IMB) standard, which is expected to speed the adoption of mobile data and broadcast services worldwide. The IMB is a technology that facilitates spectrally-efficient delivery of broadcast services, based on techniques that are aligned with existing FDD W-CDMA, but also allowing deployment in TDD spectrum. This creates smooth handover between IMB delivery and existing deployed technology.
http://www.eetasia.com/ART_8800583979_499488_NT_c69d844e.HTM

INTERNET

Facebook turns on the Lite

Facebook is slimming down with the launch of a new Lite version. The new version of the site appears to be much cleaner and simpler. It appears, at a quick glance, to be a better site for Facebook newbies or for anyone who finds the current site overwhelming or noisy. It also pushes the old-school Facebook apps off a cliff, which is just as well for the newest Facebook-connected services. Try it at lite.facebook.com.
http://software.silicon.com/applications/0,39024653,39519223,00.htm

MARKET WATCH

Heng Seng Index: 20,837.57 (-323.85)
Shanghai B 203.11 (+2.84 )
Shenzhen B 524.39 (+0.00)
Nikkei: 10,270.33 (-174.00)
TWII 7,337.14 (+5.06)

Subscribe to LEWIS What�s happening in the HK? via RSS at:
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________________________________

Any queries on �LEWIS What�s happening?�, please contact:

Carrie Tsoi
LEWIS Global Public Relations

Room 1611, 16/F, Harcourt House
39 Gloucester Road
Wanchai, Hong Kong

Tel: +852 2151 4711
Mobile: +852 9237 2434
Web: www.lewispr.com

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LEWIS 360 | What's happening in Hong Kong? 08/09/09

Tue, 08 Sep 2009 00:00:00 BST

LEWIS 360 | What�s happening in the HK? 08/09/09
Visit the LEWIS 360 blog at: http://www.lewis360.com

BUSINESS

BYD seeking subsidies for buyers of its hybrid

BYD, the mainland carmaker backed by Warren Buffett, is seeking government support for hybrid sales after selling 31 F3DM plug-ins nationwide in the first seven months of the year.
http://www.scmp.com

Gains tipped to taper off for Hong Kong stocks

Hong Kong stocks rose 1.5 percent yesterday, but brokers warned the rally may be running out of steam as sentiment on mainland bourses started to weaken.
http://www.thestandard.com.hk

UN group says China GDP will jump 7.8

The Chinese economy is expected to grow 7.8 percent this year while the global economy is likely to decline, the United Nations Conference on Trade and Development said in a report released yesterday.
http://www.shanghaidaily.com/sp/article/2009/200909/20090908/article_413138.htm

IT

Sun Server Sales Crashing as Oracle Deal Stumbles

Continued delays in the completion of Oracle Corp.'s pending $7.4 billion acquisition of Sun Microsystems Inc. have put the latter into a limbo that appears to be devastating its computer server business.
http://www.networksasia.net

Cisco's Chambers gets US$2 million payout despite bad year

Cisco gave chairman and CEO John Chambers a 'discretionary incentive payment' of more than US$2 million for the company's 2009 fiscal year, despite the fact that net income fell nearly 24 percent from the previous year on sales that were down almost 9 percent.
http://www.cw.com.hk

TELECOM

Firefox for phones: Alpha 3 lands on Windows Mobile

Mozilla released Fennec Alpha 3 for Windows Mobile, the latest in Mozilla's effort to put its Firefox browser on a mobile phone.
http://software.silicon.com

Orange, T-Mobile UK set to merge: report

France Telecom and Deutsche Telekom are set to merge their UK mobile operations, creating the country�s largest cellco.
http://www.telecomasia.net

INTERNET

Google porn filter gained China's thumbs-up

China approved of Google's efforts to filter porn from search results on its China portal following state-led criticism of the links, the former head of Google China said Sunday.
http://www.cw.com.hk

MARKET WATCH

Heng Seng Index: 20,769.34 (+140.03)
Shanghai B 197.44 (+0.69 )
Shenzhen B 506.17 (+1.51)
Nikkei: 10,317.19 (-3.75)
TWII 7,320.45 (+95.86)

Subscribe to LEWIS What�s happening in the HK? via RSS at:
http://feeds.feedburner.com/lewis_whhk
________________________________

Any queries on �LEWIS What�s happening?�, please contact:

Carrie Tsoi
LEWIS Global Public Relations

Room 1611, 16/F, Harcourt House
39 Gloucester Road
Wanchai, Hong Kong

Tel: +852 2151 4711
Mobile: +852 9237 2434
Web: www.lewispr.com

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