Posts Tagged ‘China’
Globe Telecom Upgrades Southeast Asia-Japan Cable System
The Southeast Asia-Japan undersea cable system is operated by an international consortium of leading telecommunications and technology companies which includes Globe Telecom. Recently, it began implementing a network upgrade to further enhance capacity amid steady growth in bandwidth demand in the region.
The upgrade to the cable system brings an increase of 6.5 terabits per second of capacity utilizing the latest 100 gigabits per second transmission equipment. The sharp increase in transmission technology from the usual 10 gigabits per second, followed by 40 gigabits per second technology, underscores the upsurge in internet usage especially mobile internet. Once completed, the upgrade will set a new benchmark in global data and information connectivity.
Globe Telecom’s COO Gil Gneio said, “The upgrade runs parallel with Globe Telecom’s network transformation initiative. As we optimize our modernized network to further build capacity, the SJC upgrade allows better network availability and delivery, providing additional support for expanding business requirements for data.”
TE SubCom, an industry pioneer in undersea communications technology, was commissioned by the SJC consortium to carry out the network upgrade. Full system construction of the SJC cable system was completed in June of last year at a project cost of $400 million. Globe Telecom’s interconnection with the SJC cable system, which strengthened the country’s connectivity with the region and the rest of the world, was formally launched in inauguration rites led by President Benigno Aquino and Globe Chairman Jaime Augusto Zobel de Ayala in September last year.
The undersea cable project consists of 6 fiber pairs with an initial design capacity of up to 28 terabits per second, one of the fastest speeds an undersea cabling system can provide, to meet bandwidth-intensive applications such as internet TV, online games and enterprise data exchange. To illustrate, the cable’s design capacity can support simultaneous streaming of up to 3 million high-definition videos.
The SJC is an 8,900-kilometer cable system, which could further extend to 9,700 kilometers. The cable system links 7 territories that include Brunei, mainland China, Hong Kong, Japan, Singapore and the Philippines, including the option to link with Thailand.
Aside from Globe, the SJC consortium is composed of Brunei International Gateway Sendirian Berhad (BIG), China Mobile International Ltd. (CMI), China Telecommunications Corporation (China Telecom), China Telecom Global Limited (CTG), Donghwa Telecom Co. Ltd (DHT) (a subsidiary of Chunghwa Telecom, Co., Ltd.), Google, KDDI Corporation, Singapore Telecommunications Limited (SingTel), PT Telekomunikasi Indonesia International (Telin a subsidiary of PT. Telekomunikasi Indonesia, Tbk), and TOT Public Co., Ltd. (TOT).
Full text above was provided by Yoly C. Crisanto, Head, Corporate Communications of Globe Telecom, Inc., through Cat Triviño, Globe Telecom Digital PR. This is not a paid article.
Photo from globe.com.ph archives.
_
28 Percent of US Immigrants Come from Asia
The Migration Policy Institute (MPI) reports that 28 percent of all immigrants in the United States – about 11 million – hail from Asia. Asians are the second largest immigrant group after Latinos, with nearly half coming from the Philippines, India and China and residing in California, New York and Texas.
Asian immigrants are perceived as “model minorities” who work hard, do well, and don’t complain. In the American imagination, they do not seem to share the challenges faced by other immigrant groups.
Nearly half of Asian immigrant adults have a college degree or higher. Among all immigrants, Asians are more concentrated in management, information technology, and science and engineering. A majority of immigrant doctors and nurses are from Asia.
MPI estimates that Asian immigrants accounted for 11 percent of all unauthorized immigrants in 2010. The Department of Homeland Security counts among the undocumented 280,000 Filipinos, 200,000 Indians, 170,000 Koreans and 130,000 Chinese.
Read more at WNYX New York Public Radio
Photo by wallyg at Flickr.com
_
Philippine Export Agency Expects 10 Percent Export Growth
The Export Development Council (of the Philippines) was created by virtue of Republic Act 7844, otherwise known as the Export Development Act of 1994. It was created with the purpose of developing and overseeing the implementation of the Philippine Export Development Plan (PEDP) and coordinating the formulation and implementation of policy reforms to support the Plan.
Based on a plan recently presented to Philippine President Aquino, the EDC expects annual export growth to be within 10% in merchandise shipments until 2013. This target relies on exporting more to neighboring countries like China whose economy continues to expand, and Japan which many expect to recover fast despite the Tsunami catastrophe. The plan was approved by the President.
Sources: Export Hub & EDC Website
Photo by edison.sy at Flickr.com
_
$1B Investment Plan in the Philippines Bared by Coca-Cola
Photo by Svadilfari at Flickr.com
Coca-Cola disclosed its plan to spend $1 Billion over the next five years to expand its presence and operations in the Philippines as part of its global plan to focus more on emerging markets. A recent upgrade in global standing of the Philippines by Goldman Sachs to include the country in its “Next Eleven” list may have been one of the reasons why Coca-Cola is investing this much. With a population of 91 million and a stable manufacturing and service-based economy, the Philippines offers several good investment options for the likes of Coca-Cola.
$2 Billion investment is also alloted for China while it is also buying its largest bottler in North America for more than $12 Billion.
Source: Bullfax.com
Jollibee gives up operations in Taiwan and Shanghai
Philippine fast food giant Jollibee Foods Corp. (JFC) has given up its operations in China’s Taiwan and Shanghai and chosen to focus on “building bigger brands” in other parts of China.
JFC gave up its 70 percent stake in Lao Dong Pte. Ltd. which operates Lao Dong restaurants in Taiwan. It also terminated its franchising agreement with Chun Shui Tang Tea House and shut down its stores in Shanghai.
Read more at Individual
Lamoiyan Corp to Export Hapee Products to China
Filipino-owned Lamoiyan Corp., the manufacturer of the Hapee toothpaste brand, will be exporting its products to China, the company’s top official said. Cecilio Kwok Pedro, the company’s president and chief executive, said they have decided to be more aggressive and enter the Chinese market. Lamoiyan has been exporting its products to Vietnam, Cambodia, Brunei, Pa-pua New Guinea and the Middle East […]
SM to Build 3 Malls a Year in China
SM retail tycoon and billionaire Henry Sy will be building 3 malls a year in China as an expansion strategy ro rebound from the global recession. SM Prime Holdings Inc. is expected to spend 5.5 billion Pesos in China this year. According to Forbes magazine, Henry Sy is estimated to be worth $2.7 billion. SM Prime expects to open one mall in 2010 and increase the pace to 3 malls a year by 2013. About 20% of the Philippine’s consumer spending is done through SM’S malls and stores, and the company gets 33 cents of every U.S. Dollar spent by families of Filipinos working abroad. SM Prime doesn’t sell retail space, instead preferring long-term recurring rental income and will apply the same principle in China. It will focus on the mainland’s emerging cities because their development and consumers’ profiles closely resemble those at home.