Tech-jobs outlook dims; more telecom firms will freeze, cut staff
Article Abstract:
Information technology and telecommunications industries in Singapore and Hong Kong, already affected by the general decline in Internet-related business and the overall economic weakness, will be further affected by the terrorist attacks of September 11, 2001. TMP Worldwide eResourcing says that 12% of information-technology and 18% of telecom companies in Singapore intend to lay off workers in October through December, up from 10% and 12%, respectively, in a survey covering July through September. The situation is worse in Hong Kong, but is far better in China, where 27% of information technology firms and 30% of telecom companies still are recruiting new workers.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2001
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After Sept. 11, Asian companies push teleconferencing services
Article Abstract:
Teleconferencing has become an important force since the hijackings of September 11, as demonstrated by the experience of Pratik Basu of MetTube Sdn. Bhd. of Malaysia, who was unable to visit clients in the United States, but who managed to obtain orders for copper tubes via e-mail, conference calls and fax transmissions. Sales of teleconferencing equipment have risen, and TeleSpan Publishing Corp. expects 22% growth of video conferencing equipment in 2001, and a 20-25% rise in teleconferencing call revenue in the Asia Pacific region.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2001
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SMS technology gets new lease on life
Article Abstract:
Short message service (SMS) technology is helping Asian telecommunications companies increase their revenues. The technology has advantages over 3G technology because it is inexpensive, easy to update, and appealing to young customers who may use it for text messages, electronic coupons, games and different ring tones. About four billion SMS messages per month are being generated in Asia at the end of 2000, and revenue is calculated by each message downloaded, providing an impressive profit.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2001
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Comment about this article or add new information about this topic:
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