Hans Lombardo

China.com Corp., the Hong Kong firm that manages a portal network for Greater China, reported a US$2.2 million net loss for the second quarter. China.com executives explain that loss comes from its expansionist moves leading up to its initial public offering last month on the NASDAQ. China.com reported US$ 2.4 million in total revenues for […]

Sina.com, a portal network for Greater China, launched an online air travel service in Taiwan this week. SinaTravel enables users on Sina’s Taiwan site to purchase international airline tickets through a partnership with Yulin Travel Service, a leading online airline ticketing site in Taiwan. Sina says that the service allows customers to purchase tickets at […]

CyberWorksVentures, part of Hong Kong traded Pacific Century Cyberworks Limited (PCCW), has acquired a 20 percent stake in local startup Outblaze for US$7 million. This is the second substantial private investment in Outblaze, a messaging and Internet technology specialist, in the last three months. In May, the company received a US$4.5 million injection from China […]

Wave Wireless Networking has signed an agreement to construct a high speed wireless government network for Mudanjiang City in the northern Chinese province of Heilongjiang. Construction of city government’s network has been divided into separate phases. The first phase of this project is worth $750,000 and will connect over 200 government buildings, including administration, police, […]

NASDAQ-traded Digital Island, Inc. announced that it has set up a Hong Kong Data Center to host and distribute business-critical applications in Asia for corporate clients. The Hong Kong Data Center is located at Telecom House in the Special Administrative Region’s Wanchai district. The company said that it chose Hong Kong as location because of […]

Jumping on the free products bandwagon, Multimedia Super Corridor startup BizTone.com is giving away its Internet-delivered accounting software for free. Starting this month, the Malaysian company is giving away its end-to-end accounting software, BizTone Financials V1.1, to capture market share and be on time to land a listing on the tech-heavy NASDAQ by the first […]

E-mail solutions provider Critical Path, Inc. has formed an alliance with Mitsui & Co., Ltd., one of Japan’s largest trading companies. Tokyo-based Mitsui will act as the exclusive reseller of Critical Path’s Web-based, in-language messaging services to Japanese businesses. Critical Path hopes to leverage Mitsui’s relationships in Japan and will play a significant role in […]

Malaysia’s Mimos Berhad, which operates the country’s largest ISP Jaring, has deployed a OC-48 Internet backbone infrastructure with 2.5 Gbps of transmission speed and bandwidth. The new backbone, dubbed SuperJaring, is considered the fastest type in the world and was with equipment from Cisco Systems, Inc., the global leader in networking. With the two companies […]

PSINet Inc. Tuesday announced it has acquired its sixth Hong Kong ISP in 18 months. The purchase of Global Link, a small business and consumer ISP, is part of PSINet’s global strategy to expand in the top 20 telecommunications markets worldwide. Although only the 19th of these markets, the US-based ISP takes Hong Kong seriously […]

Discount broker TD Waterhouse Group, Inc. plans to offer online trading of Hong Kong stocks in the first quarter of 2000. Recently, the Stock Exchange of Hong Kong (SEHK) accepted the broker as a member of the exchange, and the Securities and Futures Commission (SFC) supplied the company with license to trade in Hong Kong […]

Japanese Internet firm Creative Link Corp. has teamed up with China’s official news agency Xinhua to form a joint venture in China, Xinhua Creative Link Corp. (XinhuaCLC). The new venture will offer e-mail services, Web-page hosting, e-commerce solutions and content distribution services. XinhuaCLC will provide the above mentioned services starting from October. The venture’s aim […]

Singapore’s Pacific Internet is offering a PC, printer and Internet access package for all students in Singapore. The company said that offers, which are on from tomorrow until August 21, are also available to the company’s existing student subscribers. The latest initiative comes just three weeks after Pacific Internet (PacNet) fired a salvo in the […]