Stories by Sumner Lemon

CA, HKT Join Forces in Broadband ASP Deal

Computer Associates International Inc. (CA) and Cable & Wireless HKT Ltd. this week announced the formation of a joint-venture application service provider (ASP) that will offer application-based services to small and medium-sized businesses over C&W HKT's broadband network.

In Hong Kong, Win2K Draws Caution

With the Linux operating system gathering momentum in the server OS market and government regulators in the U.S. and Europe breathing down its neck, Microsoft Corp. this week finally unveiled Windows 2000 -- the long-awaited successor to Windows NT 4.0 -- in Hong Kong. (See "Hong Kong First to See the Future of Windows," February 17.)

CCT Telecom Invests in Publisher's Online Unit

CCT Telecom Holdings Ltd. yesterday announced plans to invest HK$100 million (US$12.8 million) in Mingpao.com, the online subsidiary of publisher Mingpao Enterprise Corp. Ltd. The deal will give CCT Telecom a 10 percent stake in the company, officials said.

Mondex Falls Short of HK Bank's Expectations

One year after its commercial rollout, Hongkong Bank is just "75 percent" satisfied with the results of its Mondex electronic cash offering, according to Jan McGrath, manager of Hongkong Bank's Project Mondex.

Web facilitates barter trade in Asia

Times may be tough, but they're yielding resourcefulness. With the local economy dragging, some companies are turning to barter as an alternative to cash transactions.

Intel's web sales far exceed expectations

Intel has taken the plunge into electronic commerce by implementing a Web-based sales application that has so far exceeded the company's revenue expectations, according to a senior Intel official.