Business Asia articles from November 2003

Business Asia archives from November 2003

Koizumi win good for bonds.(Frontline)
November 1, 2003... It's a rare thing in Japan to see more excitement after an election than before it. Yet the Liberal Democratic Party's (LDP) feeble showing is tantalizing pundits and investors alike. The LDP, led by Prime Minister Junichiro Koizumi, stayed...

Energy bloc plan for Japan, China, Korea.(Update)
November 1, 2003... Japan's Nippon Oil, China's Sinopec Group and South Korea's SK Corp said they plan to set up an energy market with other North East Asian oil refiners to force Middle East suppliers to cut the region's US$68 billion ($94 billion) oil bill,...

Trading with the US.(Asia Fact File)(Illustration)
November 1, 2003... ASIAFACTFILE Trading with the US In this month's Fact File, we look at Asian imports into the US. All figures are in US$ billions. 2003 (year Country to date) 2002 % change China ...

Word of mouth.
November 1, 2003... "Mahathir's policies were clearly not a disaster for Malaysia. But they haven't been a big boon for them either." Michael Mussa, former chief economist at the IMF and now a fellow at the Institute for International Economics in Washington....

Siemens Mobile Networks, the world's third-largest provider of wireless network equipment, said China may set up a high-speed cellular network in 2005 after the government awards licenses for the service in the first half of next year.(China)(Seimens Mobile Network)(Brief Article)
November 1, 2003... Siemens Mobile Networks, the world's third-largest provider of wireless network equipment, said China may set up a high-speed cellular network in 2005 after the government awards licenses for the service in the first half of next year. The...

Indonesia, South-East Asia's biggest economy, may not be able to lower interest rates much further because of fear of stoking inflation before the country's general elections next year, a Central Bank official said.(Indonesia)(Brief Article)
November 1, 2003... Indonesia, South-East Asia's biggest economy, may not be able to lower interest rates much further because of fear of stoking inflation before the country's general elections next year, a Central Bank official said. "You have to take into...

A Hong Kong woman has come down with the first locally contracted case of Japanese encephalitis, an often fatal mosquito-borne disease, in seven years, the city's Department of Health said in a statement.(Hong Kong)(Brief Article)
November 1, 2003... A Hong Kong woman has come down with the first locally contracted case of Japanese encephalitis, an often fatal mosquito-borne disease, in seven years, the city's Department of Health said in a statement. The 38 year-old woman, who wasn't...

Abdullah Ahmad Badawi, who this month took over as Malaysia's Prime Minister in its first change of leadership in almost a quarter of a century, ruled out an imminent cabinet reshuffle and said he isn't ready to name his deputy.(Malaysia)(Brief Article)
November 1, 2003... Abdullah Ahmad Badawi, who this month took over as Malaysia's Prime Minister in its first change of leadership in almost a quarter of a century, ruled out an imminent cabinet reshuffle and said he isn't ready to name his deputy. "I'm not yet...

The Philippine Central Bank cut its export-growth forecast for this year for the second time in two months, citing weak electronics shipments.(Philippines)(Philippines Central Bank)(Brief Article)
November 1, 2003... The Philippine Central Bank cut its export-growth forecast for this year for the second time in two months, citing weak electronics shipments. The Bank now expects shipments to grow by about two per cent, governor Rafael Buenaventura said The...

Shin Corp, founded by Thai Prime Minister Thaksin Shinawatra, will join South East Asia's sole no-frills carrier in operating the country's planned budget airline and compete with Thai Airways International Pcl.(Thailand)(Brief Article)
November 1, 2003... Shin Corp, founded by Thai Prime Minister Thaksin Shinawatra, will join South East Asia's sole no-frills carrier in operating the country's planned budget airline and compete with Thai Airways International Pcl. Bangkok-based Shin will...

Vietnam and its World Trade Organisation trading partners scheduled a new round of negotiations next month, the first since Vietnam was told it must make a better offer to meet its 2005 entry target, the WTO said.(Vietnam)(Brief Article)
November 1, 2003... Vietnam and its World Trade Organisation trading partners scheduled a new round of negotiations next month, the first since Vietnam was told it must make a better offer to meet its 2005 entry target, the WTO said. Vietnam is focusing on WTQ...

Risk vs reward: is China worth the effort?(AustCham Beijing)(Cover Story)
November 1, 2003... China is the "it" export market globally, with traders being urged to go to China to take advantage of their huge market and massive investment opportunities. Look through the hype, however, and you'll find doing business in China can still be...

Hong Kong bouncing back: Ip.(Export Opportunities)
November 1, 2003... Hong Kong is back in business and is actively scouring the world for new partners, Hong Kong Special Administrative Region Secretary for Economic Development and Labour Stephen Ip says. Adding urgency to that search for new business is the...

Japan and China key priorities for NSW: Carr.(NSW--A Competitive Edge)(New South Wales)(Interview)
November 1, 2003... In this exclusive interview with Business Asia, New South Wales Premier Bob Carr outlines his views on trade with the Asian region and where his State will find success in the future. Q: Which countries in the Asia Pacific has the New South...

Hi-tech branding for Australia.(Special Report)
November 1, 2003... Australia's business credentials will be pushed to the forefront as part of a new global branding campaign by Invest Australia. The Future is Here--Technology Australia, will be the new investment brand for the nation globally. Invest...

QBE named Australia's top exporter: 40 years of Australian Export Awards success.(The 2003 Australian Export Awards)
November 1, 2003... QBE Insurance Group has taken out the top honour of DHL Australian Exporter of the Year at the 2003 Australian Export Awards. The New South Wales-based insurance group was crowned the nation's top exporter at a gala ceremony held earlier...

DHL continues its support.(DHL Australian Exporter of the Year Award)(Brief Article)
November 1, 2003... DHL, the world's leading express and logistics company, is proud to be the major sponsor of the 40th Annual Australian Export Awards, 2003 has been an exciting year for a newly rebranded DHL. In January, Deutsche Post World Net (DPWN) announced...

Accor Asia Pacic-World's Leading Hotel Group.(Accor Tourism Award)(Brief Article)
November 1, 2003... Accor is the largest and fastest-growing hotel group in the world, with 4000 hotels and resorts globally. In the Asia Pacific, Accor has more than 200 hotels in 15 countries--Australia, New Zealand, New Caledonia, Cambodia, China, Indonesia,...

Finalists' breakfast showcase for leading exporters.(Brief Article)
November 1, 2003... The nation's leading exporters came together in Canberra on 5 November to hear the official announcement of the 2003 Australian Export Awards finalists. More than 150 finalists and other business leaders gathered at Parliament House to hear the...

Building global peace and understanding through international education.(IDP Education Award)(Brief Article)
November 1, 2003... The role of international education in encouraging global peace and understanding has been highlighted with the launch of a new international scholarship program initiated by IDP Education Australia. The initial focus of the Peace...

Raising the bar in trade finance.(Commonwealth Bank Small to Medium Manufacturer Award)(Brief Article)
November 1, 2003... If you're in the export market and managing the complexities of different payment methods, different risk profiles and the uncertainties of foreign exchange, then read on. It's news that could make a considerable difference to your working day...

Good oil on first export.(AusIndustry Emerging Exporter Award)
November 1, 2003... More than 100 years ago, Western Australian sandalwood formed the basis of the colony's first export industry, and was shipped to China for joss-stick manufacture. However, during the 20th century the commodity's export value declined. That is...

"Beautiful" gathering: Australia's 50 Most Beautiful Exports 2003.
November 1, 2003... Simon Baker and Naomi Watts, global sport ambassador Steve Waugh, and international super models Travis Fimmel and Megan Gale are just some of the new exciting faces joining the prestigious list of Australia's 50 Most Beautiful Exports for...