What do you mean by ?My question is can anyone tell me why the new server is unable to access the internet?? Do you mean that Internet Explorer does not open web pages?
Have you tried to ping an IP address? Try pinging 220.127.116.11. If you can ping to this IP address; then you have access to the internet. If ping to an IP address works, try pinging yahoo.com to verify DNS.
Let us know your results.