Directors of VSIP introduce about the industrial park to PM Lee Hsien Loong (3rd, L)and PM Nguyen Tan Dung (5th, L). (Photo: T.C) The Vietnam - Singapore Industrial Park (VSIP) marked its 10th anniversary with a ceremony to initiate the new VSIP II. Both Singapore's Prime Minister Lee Hsien Loong and Viet Nam's Prime Minister Nguyen Tan Dung took the opportunity to recount the great achievements of the two nations' cooperation. Encouraged by the success of the original VSIP, the joint venture partners (the Vietnamese State-owned Becamex IDC Corporation and the Singaporean-based SembCorp) have embarked on a second industrial park. Measuring 345 hectares, VSIP II is officially launched today with the prime ministers' best wishes at the ceremony. Twenty-eight international manufacturers from 10 countries have already committed investments worth US$200 million to VSIP II and the first operations will commence by the end of the year. PM Lee was glad to join the anniversary and the … [Read more...] about Viet Nam and Singapore Launch New Industrial Park
Successfully launching new ventures
Craigslist founder in new venture
Craig Newmark, founder of online classifieds giant Craigslist, launched new Web-based venture Craigconnects on Tuesday to support non-profit and public service organizations. Craigconnects is intended to "help people work together for the common good using the Internet," the new site said on its home page at Craigconnects.org. "Craigconnects seeks to identify, connect and protect organizations engaged in work that is truly sustainable -- socially responsible, self-perpetuating and replicable," it said. Newmark, who founded the San Francisco-based Craigslist in the 1990s and has seen the site expand to 70 countries, said Craigconnects would provide "ongoing support for effective organizations." "I'm committing 20 years to Craigconnects, focusing first on nonprofits and public service organizations that get stuff done on a sustainable basis," he said. "Craigconnects isn't a fundraising or grant-making organization... This site exists primarily to help me connect and protect … [Read more...] about Craigslist founder in new venture
Pigs’ revenge as ‘Angry Birds’ makers launch new game
"Angry Birds" maker Rovio launched a new title on Thursday allowing users to play as the "Bad Piggies" from the smash-hit game, and take revenge on the birds who attacked them with slingshots. Rovio Asia senior vice president said the launch ceremony in the Taiwanese capital Taipei was the first in a series of global events. "We decided to choose Taipei as the place for the first global launch as it is one of the cities where 'Angry Birds' has been widely downloaded," he said. "Angry Birds" involves using slingshots to launch little birds at fortresses built by green pigs -- an absurd, addictive game that became the world's most-downloaded app, and spawned a franchise of merchandise and media tie-ins. It helped the Finland-based Rovio turn a profit of 48 million euros ($60 million) in 2011, on sales of 75.4 million euros, but follow-up titles have not met with the same success and interest in the original game is slowly declining. In July, the company launched a new title, … [Read more...] about Pigs’ revenge as ‘Angry Birds’ makers launch new game
BMW launches new electric/hybrid brand
The German luxury carmaker BMW unveiled on Monday its long-awaited new brand, BMW i, with two new models to be equipped with electric and hybrid drive systems from 2013. The group is also creating a venture capital unit to offer mobility services such as car sharing and navigation systems. "This is BMW i - Born Electric," a statement quoted sales director Ian Robertson as saying as the group presented the BMW i3 electric car for city use and the BMW i8 plug-in hybrid for those seeking a more powerful vehicle. The group added that it had created a New York-based venture capital unit to "significantly expand its range of mobility services over the years ahead," with an initial investment that is to total $100 million (73 million euros). The vehicles are to be built at BMW's plant in Leipzig, eastern Germany, which will benefit from an investment of 400 million euros and create 800 jobs, the statement said. Auto analysts said the company announced little that was completely … [Read more...] about BMW launches new electric/hybrid brand
Kim Dotcom launches successor to outlawed Megaupload
AUCKLAND, Jan 20, 2013 – Megaupload founder Kim Dotcom hailed a "massive" response Sunday to his new file-sharing service with half a million users registering within hours, a year after his arrest in the world's biggest online piracy case. Megaupload boss Kim Dotcom, pictured as he leaves court after being granted bail, in Auckland, on February 22, 2012. Dotcom hailed a "massive" response Sunday to his new file-sharing service with half a million users registering within hours, a year after his arrest in the world's biggest online piracy case. Photo: AFP The mega.co.nz website, which replaces the outlawed Megaupload, went live at dawn ahead of a lavish evening party at the New Zealand-based Internet tycoon's Auckland mansion, on the anniversary of the armed police raid that saw him arrested and the site shuttered. The 38-year-old German national, who changed his name from Kim Schmitz, is now on bail as US authorities seek his extradition on a … [Read more...] about Kim Dotcom launches successor to outlawed Megaupload