HTNet

KUALA LUMPUR, 28 February 2008 – Green Packet Berhad (Green Packet) today announced a 24% jump in revenue from the previous year to RM122.84 million for its financial year ended 31 December 2007.

However, the company posted a lower pre-tax profit of RM30.99 million as compared with RM58.56 million in FY2006. Profit after tax (PAT) and minority an interest was RM30.16 million as compared with the previous corresponding period at RM55.29 million.

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I wrote about the tremor incident I experienced two days ago. One thing that amazes then was the fact that the bank that is located on the ground floor of my office building looked like it was operating as usual.

Staff and customers were still transacting as if it was just a typical business day. I thought surely, banks are not exempted from emergency or cautionary evacuations. Last night, I texted (AKA SMSed) some of my friends who are working in banks. I asked them if they ever went through a fire drill or similar evacuation exercises. Their answers shocked me!

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I’ve been asked a couple of times why I run my web hosting business using servers located overseas. The original reason was purely the lack of expertise and uncompetitive features when it comes to Malaysian web hosting companies. However, this seems to be a thing of the past as lots of Malaysian web hosts are getting rave reviews from customers within and beyond Malaysia.

Nevertheless, there exists a more significant problem that I don’t see going away anytime soon: our precarious Internet backbone. Most people will probably assume I’m talking about capacity issues here. However, it’s more worrying than that: it’s a mindset problem.

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KUALA LUMPUR, 19 FEBRUARY 2007 - Mesdaq listed mTouche Technology Berhad (mTouche) today announces its results for fourth quarter of financial year ended 31 December 2007 (Q4FY07). The Group announces a revenue and loss of RM45.2 million and RM12.5 million respectively.

The Group’s revenue is down by 15.2 percent from RM 53.3 million of the same period ending 31 December 2006. Its fourth quarter record loss of approximately RM17.8 million as compared to a profit of RM6.0 million from the previous quarter, is in line with anticipation of lower revenue generated due to adverse market condition.

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Wow, this is big news. Sun Microsystems, the company behind Java has agreed to purchase MySQL AB (developer of the MySQL open source database) for a mind-boggling US $1 billion.

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