Business Asia articles from October 2000

Business Asia archives from October 2000

Big spenders are back.(Brief Article)
October 1, 2000... ASIA'S BIG spenders are flashing their cash again as the region recovers from its economic crisis, according to market research firm ACNielsen. Releasing details of a survey carried out between May and August, ACNeilsen said average annual...

ASIA FACT FILE.(Brief Article)(Statistical Data Included)
October 1, 2000... Market monitor In this month's fact file, we monitor the Dow Jones Global Indexes in the stock markets. The indexes track about 80 per cent of market capitalisation and are calculated in US dollars. COUNTRY INDEX % CHANGE YTD...

AUSTRALIA.(Brief Article)
October 1, 2000... Japan has staked an early claim for yet another price cut for Australian exported thermal coal. The president of Japan's dominant electricity producer, Electric Power Development Co, told the Australia-Japan joint capital business conference...

CHINA.(Brief Article)
October 1, 2000... Major Chinese on-line auction house Eachnet.com will sign a wide-ranging pact with Nasdaq-listed portal Netease.com within a month, Eachnet's chief executive and founder said. "They've been focusing a lot of energy on auctions," said Shao Yibo,...

HONG KONG.(Brief Article)
October 1, 2000... Richard Li's Pacific Century CyberWorks has allayed fears of a cash shortfall and an inability to close deals by saying it will get US$3.555 billion from its renegotiated alliance with Australian telecoms giant Telstra. Analysts say the deal...

INDONESIA.(Brief Article)
October 1, 2000... Indonesia will ask the world for about US$4.8 billion to stay afloat -- and is likely to get it because donors don't want to jeopardise the strategic country's fragile recovery or their own economic interests. Economists say warnings by the...

JAPAN.(Brief Article)
October 1, 2000... A smiling, joke-cracking Chinese Premier Zhu Rongji presented a softer, gentler face to Japan in a six-day visit this month, but his virtuoso performance could not erase the mistrust blocking better ties between Asia's two top powers. Zhu had...

MALAYSIA.(Brief Article)
October 1, 2000... British Airways' surprise move to scrap flights to Kuala Lumpur after 50 years may set back Malaysia's plan to emerge as a major regional air hub. The flights will be scrapped from the end of March 2001 and the move marks the latest in a spate...

SOUTH KOREA.(Brief Article)
October 1, 2000... Soaring crude oil prices reveal South Korea's imperative need for a new strategy to guide what for a decade has been the world's fastest growing oil demand. Analysts said inconsistent or unfulfilled ideas for addressing rising oil prices...

STOP PRESS.(Brief Article)
October 1, 2000... * WINNERS Clinching the Nobel Peace prize caps an extraordinary life for South Korean President Kim Dae Jung -- and has put his engagement calendar into overdrive. Presidential aides says since this month's win, an increasing number of...

go figure.(Brief Article)
October 1, 2000... THE FOLLOWING ARE SOME SIGNIFICANT NUMBERS OR STATISTICS RELATING TO ASIA-PACIFIC NATIONS 73 The percentage share of market capital held by ethnic Chinese in Indonesia. They make up just 3 to 4 per cent of the population. 500 The...

The good, the bad and the ugly.(Joseph Estrada, Phillipines)(Kim Dae Jung, South Korea)(Atal Behari Vajpayee, India and others)
October 1, 2000... The crisis of confidence in the government of Joseph Estrada raises issues about the state of political leadership in Asia. CAMERON COOPER and agency writers run the rule over the region's top guns ARE WE about to see the sequel to People...

Watch out Silicon Valley.(Asians can't get enough PCs)
October 1, 2000... Dominance of e-commerce by the United States is rapidly set to change as more Asians click on to improving networks -- and the Silicon Valley loses its appeal FORGET ABOUT mobile phones, wireless technology and electronic gadgets for a...

Singapore's e-volution.(the new economy)
October 1, 2000... TONY ANDERTON reports from Singapore on a conservative nation that is getting radical -- by its standards at least -- in embracing e-commerce THE MAN on television is urging his listeners to be more creative and innovative and calls for...

Web Woman.(Rosemary Brisco, CEO and founder of WomenAsia.com)(Brief Article)(Statistical Data Included)
October 1, 2000... CAMERON COOPER reports on an entrepreneur who is determined to use the internet as a tool of advancement for Asia women A GENDER DIGITAL divide could restrict Asia's economic growth unless women play a more significant role in the "new...

Satyam goes for the hard cell.(Satyam Infoway)
October 1, 2000... One of India's IT leaders says Asia can surpass the United States as the king of global e-business. CAMERON COOPER reports FOR A man who was instrumental in spawning the personal computer market in India, R. Ramaraj is remarkably blase...

Elite lobby group.(Best Business Hotels in Asia Awards in Singapore)(Brief Article)
October 1, 2000... THE CREAM of Asia's business hotel sector was out in force at the Best Business Hotels in Asia Awards in Singapore last month. For the second year in a row, the Ritz-Carlton Millenia scooped the pool, being named best overall hotel in the...

The Brain Game Australia educating the world.
October 1, 2000... It's worth more than wool and brings over 150,000 people to our shores. Education, our seventh largest export, is leading Australia's charge into the new economy. NADIA CAMERON reports on the success of this popular service industry. IF...

Striking oil in the Gulf.(Middle East's new opportunities for Australian businesses)(Statistical Data Included)
October 1, 2000... The Middle East's growing realisation of the need to diversify out of oil could result in substantial new opportunities for savvy Australian businesses. A NEW report from the Department of Foreign Affairs and Trade's East Asia Analytical...

Rail link back on track.(Australia)(Brief Article)
October 1, 2000... When it comes to freight, rail has long been the poor cousin to road and air transport in Australia. But three new projects may make shifting goods via railways more viable. THE DREAM of building a railway network across the vast Australian...

US ELECTIONS: THE WHITE HOUSE AND THE GREENHOUSE.(greenhouse gas emissions)(Brief Article)
October 1, 2000... THERE IS one election contest that dominates the world stage more than any other. It is, of course, the US Presidential elections. On Tuesday 7 November, the elections will decide who will be the President of the USA, and the...

Traders' block.(the Bangladesh telecommunications market)(Brief Article)
October 1, 2000... Q: We have heard that the Bangladesh telecommunications market is ripe in terms of opportunities. What do you know about the market potential and can you advise on local business etiquette? A: Bangladesh is certainly facing a...

Taiwan's bank timebomb.(debt crisis)(Brief Article)
October 1, 2000... Taiwan has won praise for weathering Asia's storm, but ALAN WHEATLEY reports on growing fears of a banking crisis facing the Chen Government ABAD-LOAN timebomb is primed to explode in Taiwan -- and the ticking is getting louder. When the...

The Urban Bank blues.(Urban Bank Corp.)(Brief Article)
October 1, 2000... In an era of turmoil in Asia's banking sector, RENE A. MALLARI reports from Manila on the demise of a once-proud financial institution ARSENIO BARTOLOME III choked back his words as he told swarming media earlier this year that Urban Bank...

WHAT IS THAT HOTEL WORTH?(Asian hotel valuation)(Brief Article)
October 1, 2000... TONY KARP(*) says smart operators in Asia's troubled hotel sector are getting ready for the industry's next big shake-up HOTEL VALUES in Asia are undergoing a metamorphosis as owners shift their perception of asset value from original cost...

SNAPSHOT.(Brief Article)
October 1, 2000... ONE WAS elated, another vindicated, a third just beamed with delight. When Naoko Takahashi won the gruelling Olympic marathon in record time, she became the first Japanese woman to win athletics gold. With her trademark smile,...

THE GLOBAL COMPETITIVENESS REPORT 2000.(Brief Article)
October 1, 2000... GROWTH COMPETITIVENESS RANKING(*) GROWTH COMPETITIVENESS COMPETITIVENESS RANKING 1999 RANKING 2000 United States 1 2 Singapore ...

IS ASIA RUNNING OUT OF STEAM?(concern about Asian economic recovery)(Brief Article)
October 1, 2000... Speculation is mounting about a second Asian economic crisis as fundamentals look increasingly shaky. AS ASIAN asset prices slip toward 1997 crisis levels, investors increasingly face a choice between buying the growth story or accepting...