.asia domain names are available for sale by DotAsia. According to DotAsia’s Auctions Page, a domain name will range from US$4,000 to US$21,000.

The so-called landrush for the latest domain name suffix – .asia – has begun.

DotAsia, the organisation overseeing the registration, is expecting huge demand for the first domain name extension for the Asia Pacific region.

But some in the industry are concerned about the proliferation of domain name suffixes in recent years.

While others think that the business of buying domain names has become more about protecting brands than promoting them.

Cybersquatting

Work to create the .asia domain began in 2000 with the DotAsia Organisation winning official approval to set up the domain in 2006.

A so-called sunrise period, where companies can reserve domains to match their trademarks, has been ongoing since October.

Now the process has been opened up for anyone to register and the first .asia domains will go live on the internet in March.

Thomas Herbert, a product manager from UK hosting firm and registrar Hostway, believes the nature of buying domain names has changed, largely due to the lucrative businesses of cybersquatting.

Website: DotAsia Organisation
Source: BBC: Domain name for Asia up for grabs