We see the end of the dotcom bubble in Asia, cyclical things and structural changes in some sectors that will lead to a changing in the way some workforces are deployed.

PCCW is facing declining revenues from its long-distance operations, but it still has a massive grip on Hong Kong's telecoms infrastructure and so it is very well positioned.

They have to find other areas to invest in to compensate for the fall in overseas revenues, but they have a trusted brand and very good connections with customers.

This differential between subscribers and access revenue illustrates a major reason why Internet use is still growing rapidly in Asia-Pacific.

I have about concluded that wealth is a state of mind, and that anyone can acquire a wealthy state of mind by thinking rich thoughts.

If you're a preacher, you talk for a living, so even if you don't make sense, you learn to make nonsense eloquently.