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Thursday, March 22, 2012

TM Targets 10 Pct Growth In SME Subscribers This Year

29 Rabiulakhir 1433

KUALA LUMPUR, March 22 , 2012- Telekom Malaysia Bhd (TM) aims to achieve 10 per cent growth in its small and medium enterprises (SME) customers by end-2012, from 494,000 customers currently.

TM SME executive vice-president, Azizi A Hadi said the company is committed in its partnership role to support SME development and growth by enabling them to achieve a competitive edge, leveraging on its wide array of solutions and extensive networks nationwide.

"SME BizFest is one of the many special platforms that we have prepared for Malaysian SMEs," Azizi said at the launch of the inaugural SME BizFest 2012 here today.

TM has projected to generate more than RM1 million in business transactions from the events, he added.

SME BizFest 2012 is a two-day event which will be held in three major cities namely Penang (April 13-14), Johor Baharu (May 11-12) and Kuala Lumpur (May 18-19).

SME BizFest 2012 aimed to provide a synergistic information communication technolgy (ICT) showcase for Malaysian SMEs to increase knowledge and awareness in products and services.

Among the highlights were interactive presentations, plenary style conferences covering a wide range of ICT and SME topics by renowned international and local speakers, latest technology demonstration and exhibitions.

SME BizFest also provided an avenue for SMEs to interact among themselves and opened up business opportunities through business matching sessions during the event.

The series of event was expected to attract more than 500,000 SME business communities in Malaysia that require ICT solutions to improve and enhance their business operations.

 Source- BERNAMA

Youtube Signs Licensing Pact With MACP

29 Rabiulakhir 1433

KUALA LUMPUR, March 22 , 2012- YouTube has signed a licensing agreement with Music Author's Copyright Protection (MACP) that will allow Malaysian musicians and composers to earn revenue on YouYube.

YouTube Asia-Pacific director of product management, Adam Smith, said revenue would be generated when advertisements were displayed against YouTube partner's videos.

"For the first time under this agreement, Malaysian authors will receive payments from their association when rights holders distribute them," he told a media briefing here Thursday.

 Source- BERNAMA

Thursday, March 15, 2012

HSSB Agreement With REDtone To Uplift TM's Earnings

22 Rabiulakhir 1433

KUALA LUMPUR, March 15 , 2012  Telekom Malaysia Bhd's (TM) earnings are expected to see an uplift following its high speed broadband (HSBB) agreement with REDTone International Bhd (REDtone) yesterday, said Hong Leong Investment Bank (HLIB).

"We would expect the agreement to contribute positively to TM's earnings whereby, it would normally encompass two types of income, recurring and usage based," HLIB said in its research note today.

Under the agreement, TM will provide both HSBB access and transmission services to REDtone with the latter having access to 1.3 million premises by year-end.

HLIB believes that REDtone would utilise the HSBB as a backhaul to complement its existing 4,500 WiFi hotspots and potentially increase it to 5,000 by year-end.

Meanwhile, it also believes that TM will continue to lead the fibre-to-the-home market segment with the advantage as the first mover.


Sunday, March 4, 2012

HLIB Research Maintains 'Buy Call' On Time dotcom

12 Rabiulakhir 1433

KUALA LUMPUR, March 5 (Bernama) -- HLIB Research is maintaining its "buy call" on Time dotCom Bhd (TdC) with a some-of-parts target price of RM0.85.

In a research note Monday, the research division of Hong Leong Investment Bank Bhd said news of TdC's potential acquiree, Global Transit Ltd, signing a pact with PT PGAS Telekomunikasi Nusantara to provide bandwidth connectivity to Indonesia was a positive milestone in TdC's regional expansion plan.

It said Indonesia was one the markets in the region with the highest growth (over 30 per cent) on the back of low mobile and internet penetration rates of 62.7 per cent and 1.1 per cent respectively.

"New acquisitions, when integrated as a group will further enhance earnings due to volume synergies and the utilisation of assets at owner-cost prices," it said.

 Source - BERNAMA

Friday, March 2, 2012

Plantation Sector Is Expected To Gain Significant Momentum

10 Rabiulakhir 1433

KUALA LUMPUR, March 2 , 2012- The plantation sector is expected to gain significant momentum this year following a good performance in 2011, said JF Apex Securities Bhd in a research note.

It said demand for crude palm oil (CPO) would remain resilient and production in the first half of 2012 was expected to be lower due to bumper harvest last year and lag effect of heavy rainfall in the second half of 2011.

"The lag effect of the heavy rainfall is expected to lead to lesser formation of fresh fruit bunches (FFBs).

"However, the rainfall is predicted to be normalised in the first half of this year. Therefore, there will be no major shortfall for the FFB production in the second half of this year," it said.

JF Apex said the CPO price for the first quarter of this year would hover between RM3,100 and RM3,200 per tonne mainly due to lower production.