Business Asia articles from September 2001

Business Asia archives from September 2001

DEFENDING THE BAHT.
September 1, 2001... THAILAND LAST MONTH obtained US$2 billion ($3.8 billion) in credits from China's central bank for the sole purpose of defending its currency, the baht. Previously, the country got a US$3 billion facility from the Bank of Japan for the same...

Working against terrorism.
September 1, 2001... MALAYSIA AND INDONESIA will work together to combat cross-border terrorism by Islamic extremists. Malaysia's Prime Minister Mahathir Mohamad and Indonesian President Megawati Soekarnoputri made the pledge after meeting in Malaysia's capital,...

ASIA FACT FILE.(Internet access, online browsing)(Brief Article)(Statistical Data Included)
September 1, 2001... `Net effect In this month's fact file we take a look at the results of the Nielsen/NetRatings survey on internet access in the Asia-Pacific region both within the home and at work. ASIA-PACIFIC INTERNET ACCESS COUNTRY PER...

[WORD Of MOUTH].
September 1, 2001... "It's not the time to borrow more to raise economic growth as Korea is running a budget deficit." KOREAN FINANCE MINISTER JIN NYUM ON WHY KOREA SHOULDN'T BORROW MORE MONEY OR CUT TAXES TO BOOST THE ECONOMY. "The (IMF) funds will be...

go figure.
September 1, 2001... FOLLOWING ARE SOME SIGNIFICANT NUMBERS OR STATISTICS RELATING TO ASIA-PACIFIC NATIONS 5000 The number of employees Gateway Inc, the second-largest direct seller of personal computers, plans to fire from its workforce in Asia and Europe....

STOP PRESS.(Singapore Telecommunications Private Ltd. to acquire Optus Communciations Proprietary Ltd., Acer Inc. financial results, Toyota Motor Corp. tries to increase appeal to younger consumers)(Brief Article)(Statistical Data Included)
September 1, 2001... * WINNERS It's been a long, drawn-out process, but Singapore Telecommunications has finally sewn up its deal to buy out Australia's No2 carrier, Optus. SingTel CEO and President Lee Hsien Yang must be breathing a sigh of relief, as the...

Top of their game.(best business hotels in Asia)
September 1, 2001... The Best Business Hotels in Asia Award Winners 2001 THE PORTMAN Ritz-Carlton, Shanghai, has proved that third time's a charm, snaring the top honour of Best Business Hotel in Asia, as well as the category of Best Business Hotel in China for...

Beauty and the best.(best exports from Australia)(Brief Article)(Illustration)
September 1, 2001... Australia's 50 Most Beautiful Exports shine SOME OF AUSTRALIA'S leading exporters gathered at the Sydney Opera House last month for the official unveiling of Australia's 50 Most Beautiful Exports for 2001. Award recipients in each of...

Stepping into Latin America.
September 1, 2001... Latin America is becoming an increasingly attractive target for Australian trade, but a new report warns exporters to do their homework first. CHANGES TO investment laws and reduced trade barriers have made Latin America a key trade and...

Good buzz about The Biz.(Charlton Group, Bloomberg Television to launch new television program, 'The Biz')(Brief Article)
September 1, 2001... THE CHARLTON GROUP, publisher of Business Asia, is launching an exciting new show in conjuction with Bloomberg Television. The new TV show, called The Biz, will be aired to more than six million viewers across the Asia Pacific on Bloomberg...

Export Awards finalists to be unveiled soon.
September 1, 2001... THE RACE for the 2001 Australian Export Awards are heating up, with less than three months to go until the gala Award presentation on November 29. The finalists in all 11 categories will be known soon, with all of the State and Territory...

FLEXIBLE AUSTRALIA POST.(Australian Postal Corp.)(Brief Article)
September 1, 2001... Australia Post is dedicated to providing business customers with the most extensive range of quality delivery services to overseas destinations. Our range of products and services has been developed to meet the unique delivery requirements...

P&O NEDLLOYD LEADS THE WAY.(Brief Article)
September 1, 2001... The Peninsular & Oriental Steam Navigation Company (P&O Group) was established in 1837. From its origins in shipping, the company became a major, diversified international company. Headquartered in London, the group has more than 300...

TOP EXPORTERS GATHER FOR ADLER.
September 1, 2001... VICTORIA'S leading exporters gathered in force last month to hear Austrade chairman Ross Adler speak at a Top Exporters Dinner held in Melbourne. The former head of Santos Ltd was joined by exporters and past winners from the Australian...

TIMOR VIVA DEMOCRASIA.(East Timor elections)(Brief Article)(Editorial)
September 1, 2001... ON THURSDAY 30 August 2001, East Timor voted again, but this time around there has been no meltdown and no Militia mayhem. Whilst leading an Australian Observer Delegation to monitor the elections for the Constituent Assembly, there was one...

Growing partnership.(Australia and Singapore trade relations)
September 1, 2001... The Singapore-Australia relationship Singapore is increasingly looking at Australia as a place to base businesses, and not just another trading partner. SINGAPORE HAS long been a trusted trade partner and close ally of Australia, but...

Charlton nominated for ABAC.(Peter Charlton, Asia Business Advisory Council)(Brief Article)(Interview)
September 1, 2001... PROMOTING THE interests of SMEs and furthering the cause of trade liberalisation will be the key aims of Australia's newest representative on the Asia Pacific Economic Cooperation (APEC) Business Advisory Council (ABAC), Peter Charlton. ...

ACTION NEEDED NOW FOR BEIJING.(Australia to help prepare Beijing Olympics)(Brief Article)
September 1, 2001... WINNING BUSINESS for Australia at the Beijing 2008 Summer Olympics requires taking action now, according to Austrade senior trade commissioner Martin Walsh. In a series of three briefings in Sydney, Melbourne and Brisbane, representatives...

Not all exports are GST-free.(Brief Article)
September 1, 2001... A recent ATO draft ruling emphasises the need for exporters to be clear of their obligations, says Greg Hill(*), partner, Andersen Tax Services. DESPITE FEDERAL Treasurer Peter Costello's pre-election assurances that all exports would be...

ECONOMIC EFFECTS ON CAREER.(Asian economic climate and prospects)(Brief Article)
September 1, 2001... The global economy looks set for a downturn. CLIFF STONEMAN(*) looks at how this could affect job opportunities in Asia. THE ASIAN financial crisis of the late 1990s is a memory, but there is now talk of a recession in the USA and Europe,...

ELDERLY WORKERS SOLUTION FOR JAPAN.(Brief Article)(Statistical Data Included)
September 1, 2001... Japan, the world's most rapidly aging society, should redirect some of its public works spending to create more jobs for women and the elderly to stimulate the economy, Trade and Industry Minister Takeo Hiranuma said. Anxiety about rising...