Asia Africa Intelligence Wire articles from January 2002

Asia Africa Intelligence Wire archives from January 2002

EGYPT: SAUDI ARABIA IS EGYPT'S LARGEST INVESTOR.
January 1, 2002... (From InfoProd) According to Al-Hayat newspaper (December 27, 2001), the Egyptian Minister of Internal Commerce and Supplies, Hassan Khadher is scheduled to visit the Kingdom of Saudi Arabia from January 5-9 following an invitation by the...

YEMEN: BRITISH COMPANY TO BUILD HOTEL CHAIN IN ZUQR ISLANDIN.
January 1, 2002... (From InfoProd) According to Al-Hayat newspaper (December 27, 2001), a senior official at the Yemeni General Investment Authority confirmed that Yemen signed a memorandum of understanding with a British company to set up a large tourism...

SAUDI ARABIA: EMIANTIT DENIES TIES TO WEAPON MANUFACTURING FACTORIES.
January 1, 2002... (From InfoProd) According to Al-Hayat newspaper (December 27, 2001), the Saudi Arabian-based Emiantit Company, a large joint stock enterprise with a capital of 550 million Saudi Riyals ($146.7 million) denied published rumors that the...

SAUDI ARABIA: 58 PROJECTS LICENSED IN JEDDAH.
January 1, 2002... (From InfoProd) According to Al-Watan newspaper (December 30, 2001), the Director General of the Comprehensive Service Center at the Jeddah General Investment Authority, Abdul-Hameed Al-Awadhy said that his office licensed 58 projects in...

SAUDI ARABIA: SABIC GENERATED OVER 60 BILLION SAUDI RIYALS IN THE PAST 20 YEARS.
January 1, 2002... (From InfoProd) According to Al-Watan newspaper (December 30, 2001), the Saudi Basic Industries Company (SABIC) generated more than 60 billion Saudi Riyals ($16 billion) in revenues in the past 20 years. SABIC's share out of these revenues...

EGYPT: CONTRACT FOR PROFESSIONAL TRAINING FOR HIGH SCHOOL GRADUATES.
January 1, 2002... (From InfoProd) Al-Ahram newspaper reported details on the signing of a contract for professional training of high school graduates in the field of tourism. The paper noted that the agreement was signed at the end of September 2001 between...

SYRIA: DETAILS ON THE DEVELOPING TOURISM TOWN ARIHA.
January 1, 2002... (From InfoProd) The Teshreen newspaper provided details from an interview held in early October 2001 with the Mayor of the town of Ariha, Bassam Qatan, in which he said that, during 2001, the town improved the main entrances to the town...

EGYPT: EGYPT CHOSEN AS A REGULAR MEMBER OF THE MANAGEMENT OF ICAO.
January 1, 2002... (From InfoProd) Al-Ahram newspaper publicized the choosing of Egypt as the fifth regular member of the Management Council of the ICAO, the International Civil Aviation Organization. The paper noted that Egypt was chosen by the Arab and...

MIDDLE EAST: EUROPEAN UNION BILL TO FREEZE FUNDS BELONGING TO ORGANIZATIONS WITH CONNECTIONS TO TERRORISM.
January 1, 2002... (From InfoProd) Al-Ba'ath newspaper printed a notice published in early October 2001 by the EU Commissioner announcing a bill to freeze the assets of twenty-seven organizations and private individuals who have connections with terrorist...

SYRIA: VISIT OF TURKISH TRADE DELEGATION.
January 1, 2002... (From InfoProd) Al-Ba'ath newspaper provided details on the visit to Damascus of a Turkish Trade Delegation in early October 2001. The paper noted that the Chairman of the Turkish Delegation, the Foreign Trade Advisor in the Turkish...

SYRIA: LOAN FROM THE EUROPEAN BANK FOR DEVELOPMENT OF ELECTRICAL SYSTEMS.
January 1, 2002... (From InfoProd) Al-Ba'ath newspaper provided details on the European Investment Bank loan to fund the development of an electrical system in Syria. The agreement to receive the loan of EUR 115 million was signed in early October 2001...

JORDAN: ISRAEL PREVENTS EXPORT OF JORDANIAN GOODS TO THE PALESTINIAN AUTHORITY.
January 1, 2002... (From InfoProd) A-Dustour newspaper quoted local industrialists who said in early October 2001 that Israel prevents export of goods from Jordan to the PA from economic reasons and not from security reasons. The paper quoted industrialist...

SYRIA: WORKSHOP ON ISO-9000 STANDARD.
January 1, 2002... (From InfoProd) Al-Ba'ath newspaper supplied details on the first in-service training on the quality standard ISO 9000 held in Damascus in early October 2001, at the initiative of the Industry and Trade Ministry. Taking part in the...

SAUDI ARABIA: AGREEMENTS TO ENCOURAGE EXPORTS.
January 1, 2002... (From InfoProd) A-Dustour newspaper provided details on agreements to encourage local exports, which were signed in early October 2001 with the Saudi Development Fund for lines of credit for exporters. The paper quoted Treasury and Economy...

JORDAN: ADDITIONAL PAYMENT TO CAREER ARMY VETERANS.
January 1, 2002... (From InfoProd) A-Dustour newspaper provided details on additional pension payments to career army veterans who have retired. The paper quoted Defense Ministry General Manager, Dr. Muhammad Abu Hamor, who said in early October 2001 that...

JORDAN: ADDITIONAL PAYMENTS FOR CAREER ARMY RETIREES.
January 1, 2002... (From InfoProd) A-Ra'y newspaper provided details on the additional payments to the pensions of retired career army personnel commencing September 1, 2001. The paper quoted the General Manager of the Treasury Ministry, Dr. Muhammad Abu...

GULF STATES: DATA ON MUTUAL TRADE WITH EU COUNTRIES 1990-2000.
January 1, 2002... (From InfoProd) Al-Ittihad newspaper printed data on the mutual trade of the Gulf States with the European Union countries during the period 1990 to 2000, as published in October 2001 in the report of the Economic Research Department of...

JOBURG BOY SHOT DEAD, HILLBROW FAIRLY QUIET.
January 1, 2002... A 12-year-old boy was shot dead in central Johannesburg in the early hours of New Year's Day, but the Hillbrow area of the city was quieter than usual, police said on Tuesday morning. Police spokesman Superintendent Lungelo Dlamini said in a...

[0] JOBURG BOY SHOT DEAD, HILLBROW FAIRLY QUIET.
January 1, 2002... A 12-year-old boy was shot dead in central Johannesburg in the early hours of New Year's Day, but the Hillbrow area of the city was quieter than usual, police said on Tuesday morning. Police spokesman Superintendent Lungelo Dlamini said in a...

WOMEN MURDERED IN DURBAN NORTH.
January 1, 2002... A women was shot dead in Sunningdale in Durban North in the early hours of the morning minutes after she and her husband arrived at their home, police said on Tuesday. The women, Noreen Stone, 35, was waiting in the car for her husband who had...

WOMAN RAPED AFTER NEW YEAR CELEBRATIONS.
January 1, 2002... A 29-year old Durban man was arrested early on Tuesday morning after he had allegedly raped his wife's niece, police said. Captain Len John said the 27-year old woman went to a party in Newlands East in Durban with her aunt. Sometime after...

SECOND MISSING TODDLER FOUND.
January 1, 2002... The second of two toddlers who went missing on December 10 on Noupoort farm in the Luckhoff district in the Southern Free State was found on a neighbouring farm on Monday, police said. Three-year-old Michael Raadt was found by the farmer...

MAN STABS WOMAN, JUMPS IN FRONT OF TRUCK.
January 1, 2002... A 26-year-old man died instantly early on Tuesday morning when he was run over by a truck after he had allegedly stabbed a woman friend to death, Pretoria police said. Inspector Percy Morokane said the couple were driving along Stormvoel Road...

NEW YEAR CELEBRATIONS IN JO'BURG QUIETER.
January 1, 2002... New Year celebrations in Johannesburg, and specifically Hillbrow, were a lot quieter and more restrained than in previous years, police said on Tuesday. Superintendent Chris Wilken said scores of policemen were deployed in Hillbrow overnight to...

GIRL RAPED DURING PARTY AT PARENTS HOUSE.
January 1, 2002... A seven-year-old girl was allegedly raped by a teenager during a party at her father's house in an informal settlement near Cullinan east of Pretoria, police said on Tuesday. Inspector Percy Morokane said the girl was asleep in her room during...

59 ARRESTS DURING CRIME OPERATION.
January 1, 2002... Fifty-nine people were arrested for various crimes during a crime prevention operation in Katlehong on the East Rand on Monday, police said. Inspector Mega Ndobe said four firearms, two suspectedly stolen vehicles and a fake R50-note were also...

FOUR MEN KILLED IN NORTH RAND AREA ON NEW YEAR.
January 1, 2002... Four men were murdered in separate incidents in the North Rand area in the early hours of Tuesday, police spokesman Inspector Matlhodi Motadi said. He said a 20-year-old man was shot dead when the man and his friend Samuel Moloto, 28, met four...

NEW YEAR CELEBRATIONS IN NCAPE WITHOUT INCIDENT.
January 1, 2002... New Year celebrations in the Northern Cape went off without incident, police said on Tuesday. Captain Cherelle Ehlers said police were deployed in full force in Kimberley, Roodepan and Galeshwe to ensure that revellers stayed within the...

THE TRAVELLERS FORECAST FOR TOMORROW:.
January 1, 2002... TRAVELLERS WEATHER FORECAST FOR TOMORROW: 2002-01-02. ISSUED AT 16:00 SAST BY THE SOUTH AFRICAN WEATHER SERVICE. WARNING(S): ========== 1. Hot, dry and windy conditions in the Peninsula, Boland and Breede River Valley will favour the...

THE REGIONAL FORECAST FOR TOMORROW:.
January 1, 2002... THE REGIONAL WEATHER FORECAST FOR TOMORROW: 2002-01-02. ISSUED AT 16:00 SAST BY THE SOUTH AFRICAN WEATHER SERVICE. WARNING(S): ========== 1. Hot, dry and windy conditions in the Peninsula, Boland and Breede River Valley will favour the...

MAN KILLED IN ACCIDENT IN EARLY HOURS OF 2002.
January 1, 2002... A young man was killed and three other injured when the car they were travelling in overturned into a storm water gully on Witkoppen Road at Paulshof in Johannesburg early on Tuesday morning, traffic spokesman Malcolm Midgley said. Midgley said...

THE EXPECTED MIN AND MAX TEMPS FOR TOMORROW:.
January 1, 2002... FXZA60 FAPR 011400 EXPECTED MINIMUM AND MAXIMUM TEMPERATURES FOR TOMORROW: 2002-01-02. ISSUED AT 16:00 SAST BY THE SOUTH AFRICAN WEATHER SERVICE. MIN MAX Pretoria 20 32 Johannesburg 18 30 Vereeniging 18 31 Nelspruit 18 28 Ermelo 14 25 Witbank...

POLICE AREA COMMISSIONER SON STABBED.
January 1, 2002... The 23-year-old son of the Ulundi police area commissioner Mveseni Luthuli was stabbed to death on Wednesday morning outside his home after returning from a new years eve party. Police spokesman Inspector Sabelo Zwane said Simphiwe Luthuli, a...

SISTERS SHOT WHEN UNCLE TRIES TO SHOOT STRAY DOG.
January 1, 2002... Two sisters, aged three and 11 years, were recovering at the Leratong Hospital after they were allegedly shot when their uncle tried to scare a dog away by shooting at it at their Swannieville home in Kagiso on Tuesday, West Rand police said....

CAR CRASHES INTO KHAYELITSHA SHACKS: TWO KILLED.
January 1, 2002... Two Eerste River women who were celebrating the new year with friends at Site-C in Khayelitsha were killed when a driver lost control of his vehicle and plunged into two shacks on Tuesday, police said. Inspector Elliot Sinyangana said the women...

Arafat: Palestinian State in 2002.
January 1, 2002... Palestinian President Yasser Arafat declared in a speech Monday that a Palestinian state will be established in the year 2002. Arafat spoke in a speech commemorating the anniversary of the founding of Fatah thirty-six years ago. Arafat...

Ruler of Ajman receives Indian Consul General.
January 1, 2002... Sheikh Humaid bin Rashid Al Nu'aimi, Supreme Council Member and Ruler of Ajman, received Dr. George Joseph, the Consul General for India, in his office yesterday in Ajman, reported the Emirates News Agency. Dr. Joseph came to greet Sheikh...

Sharon Veto's Israeli President's Address to Palestine Legislative Council.
January 1, 2002... In a public announcement on Israeli public radio, Israeli Prime Minister Ariel Sharon has vetoed an initiative to have Israel's president, Moshe Katzav, address a session of the Palestine Legislative Council in Ramallah. The initiative was...

Undercover Israeli Troops Kidnap Force 17 Member in Gaza.
January 1, 2002... Undercover Israeli troops disguised as Palestinians kidnapped Riad Ayad, a member of the Palestinian Force 17 presidential guard, in the Northern Gaza Strip. The abduction occurred at 9 in the morning on Tuesday, and took place at in...

GCC Summit Accelerates Customs Union, Paves Way for EU Free Trade Pact.
January 1, 2002... Leaders of the six member countries of the Gulf Cooperation Council (GCC) agreed during their 22nd summit yesterday to several measures that will increase the economic integration between their countries. Most prominent was the decision to...

Full Text of the GCC 22nd Summit Proclamation.
January 1, 2002... At the invitation of His Majesty Sultan Qaboos bin Saeed of Oman, the 22nd Summit of the Supreme Council of the GCC was held in Muscat on Sunday and Monday, under the chairmanship of Sultan Qaboos and attended by Their Majesties and Highnesses:...

Iran Intervening for al-Qaeda Prisoners.
January 1, 2002... Iran has become involved in trying to assure the protection and repatriation of non-Afghan Taliban and al-Qaeda prisoners. Iran's official news agency has agreed with the Afghanistan Defense Ministry that Iranian correspondents will be...

Syria takes seat on U.N. Security Council.
January 1, 2002... Syria takes a seat on the United Nations Security Council as of today, January 1, 2002. Syria won a nonpermanent, two-year seat on the United Nations Security Council according to CNN reports. It received 160 votes, a number way above the...

GCC Summit Brings Yemen Closer.
January 1, 2002... Leaders of the six nations of the Gulf Cooperation Council decided at their summit in Oman to include officials from Yemen in three of the GCC ministers' councils. Yemen will join future meetings of the GCC health ministers' council, the...

U.S. envoy Zinni back in Middle East on Thursday.
January 1, 2002... The United States will send envoy Anthony Zinni back to the region on Thursday for a second round of talks, aimed at brokering a cease-fire between the sides, according to Tel Aviv based HaArtez. U.S. Ambassador to Israel, Dan Kurtzer...

Al-Habtoor wins building contract of the Al-Raha resort.
January 1, 2002... Al-Habtoor Engineering Enterprises has been contracted by the Abu Dhabi Works Department to build the five-star hotel and shopping center in the Al-Raha Resort of Abu Dhabi, valued at 160 million Emirati Dinars ($43.56 million), reported Gulf...

Zamil wins $17 million glass contract.
January 1, 2002... Zamil Glass Industries recently won a tender to supply Jeddah's Middle East Convention Center with 65 million Saudi Riyals ($17.33 million) worth of frameless glass, said a company statement. The Dorma Gulf Company executed the fitting for the...

Egypt and Iraq strengthen free trade agreement.
January 1, 2002... Egypt and Iraq recently signed an agreement for bilateral cooperation in industry, trade and technical issues, reinforcing a recently sighed free trade agreement. The two countries also signed agreements to modernize Iraq's electricity industry...

Tunisia 2002 budget approved at $7.8 billion.
January 1, 2002... The Tunisian parliament recently approved the 2002 general budget, following three-week long discussions. The new budget is set at 11.5 billion Tunisian Dinars ($7.8 billion) compared with TD 11 billion for 2000, a 6.6 percent increase,...

SABIC operates 90 manufacturing facilities in Saudi Arabia.
January 1, 2002... The Saudi Minister of Electricity and Industry and the Chairman of the Board of the Saudi Basic Industries Company (SABIC), Hashem Yamani, stated recently that the giant industrial conglomerate SABIC operates a total of 90 factories in 18...

Jeddah General Investment Authority oversees $211 million projects.
January 1, 2002... The Director General of the Comprehensive Service Center at the Jeddah General Investment Authority, Abdul-Hameed Al-Awadhy, said that his office licensed 58 new projects in Jeddah since its establishment. Of this total, 31 were industrial...

Saudi Power Exhibition in February 2001.
January 1, 2002... The Fifth Saudi International Oil, Gas, Petrochemicals and Power Exhibition is scheduled to be held at the Dhahran International Exhibition Center from February 4-7, reported Al-Hayat. Among the international companies that had already...

Bahrain pegs Dinar to the US Dollar.
January 1, 2002... The State of Bahrain recently ordered the fixation of its local Dinar currency against the US Dollar at $2.7, reported Al-Hayat. The decision entitles the Bahraini Monetary Authority to regulate dollar purchasing and selling activities by...

British firm to set up hotel chain in Yemen.
January 1, 2002... A senior official at the Yemeni General Investment Authority confirmed that Yemen signed a memorandum of understanding (MoU) with a British company to set up a large tourism project at the Zuqr Islandin at the Red Sea, reported Al-Hayat....

Emiantit denies buying weapon manufacturing plant.
January 1, 2002... The Saudi-based Emiantit Company, a joint stock enterprise with a capital of 550 million Saudi Riyals ($146.7 million), denied rumors that the company had recently purchased a weapons manufacturing plant in Romania, reported Al-Hayat. The...

Saudi Arabia is Egypt's largest Arab investor.
January 1, 2002... The Egyptian Minister of Internal Commerce and SuppliesHassan Khadher is scheduled to visit the Kingdom of Saudi Arabia from January 5-9, accepting an invitation by the Saudi Chambers of Commerce and Industry, reported Al-Hayat. Meeting...

Saudi Arabia and Iran seek to boost trade.
January 1, 2002... The Saudi Minister of Commerce Usama Faqih recently met with his Iranian counterpart, Mohammed Shariatemdary, to discuss means of boosting bilateral trade exchanges, reported Al-Hayat. The two ministers reviewed the agenda of the fourth annual...

Free Trade Agreement signed between Jordan and Kuwait.
January 1, 2002... Jordan and Kuwait recently signed a bilateral free trade agreement (FTA) exempting agriculture, livestock and industrial goods locally produced from customs tariffs, reported Al-Hayat. Other traded commodities are scheduled to enjoy full custom...

UAE parliament passes anti-money laundering bill.
January 1, 2002... The United Arab Emirates (UAE) parliament recently approved a law against money-laundering activities, reported Al-Hayat. The Governor of the Central Bank, Sultan Bin Nasser Al-Suweidy, said that Emirate authorities froze bank accounts...

Arab Banking Corporation grants $50 million to the Tunisian Housing Bank.
January 1, 2002... An Arab Banking Corporation senior official recently revealed that the Bahrain-based institution granted a $50 million loan to the Tunisian Housing Bank, reported Al-Hayat. The bank organized the facility in cooperation with the French Credit...

African Development Bank grants Tunisia $192 million loan.
January 1, 2002... The African Development Bank (ADB) recently awarded a $192 million loan to Tunisia, to finance the second phase of a private enterprise support program, reported Al-Hayat. Two years ago, ADB awarded a $128 million loan to finance the first...

Gulf leaders seal landmark economic union accord.
January 1, 2002... Heads of state from the six-member Gulf Cooperation Council (GCC) signed a customs and monetary union agreement Monday, December 31, in a bid to forge a weighty economic bloc. The GCC customs union is expected to open the way for the...

Kuwaiti first half budget surplus may turn into deficit if crude remains weak.
January 1, 2002... According to the latest economic brief published by National Bank of Kuwait, the surplus posted by the Kuwaiti budget in the first six-month period of the fiscal year 2001/2002 will turn into a small deficit if Kuwait crude remains between $15...

Kuwaiti budget capital expenditures drop in first half.
January 1, 2002... According to the latest economic brief published by National Bank of Kuwait, even though the budget allocation for development and maintenance projects was raised by 25 percent for this fiscal year, there was a 9.4 percent drop in this spending...

Kuwaiti first half budget spending increased mostly on transfers and defense.
January 1, 2002... According to the latest economic brief published by National Bank of Kuwait, higher budget spending in the first six-month period of the fiscal year 2001/2002, came primarily from increases in transfers and miscellaneous expenditures, which...

Kuwait registers higher service revenues in first half of FT01/02.
January 1, 2002... According to the latest economic brief published by National Bank of Kuwait, the government's non-oil revenues rose by KD 163 million to KD 376 million, in the first six-month period of the fiscal year 2001/2002, a 76 percent increase. Of this...

Lower oil revenues for Kuwait in first half of FY01/02.
January 1, 2002... According to the latest economic brief published by National Bank of Kuwait, oil revenues came to KD 2.56 billion for the first six-month period of the fiscal year 2001/2002, down 22 percent from the same period in the prior fiscal year. A...

Kuwaiti budget posts KD1.15 billion surplus in the first half of FY01/02.
January 1, 2002... According to the latest economic brief published by National Bank of Kuwait, the fiscal accounts of the State of Kuwait saw a KD 1.15 billion surplus during the first six months of the current fiscal year 2001/02, compared to a projected...

Computer Associates warns Middle East's IT users of virus threats.
January 1, 2002... Computer Associates (CA), an international provider of IT security software, released its top 10 virus threats list for the year 2001, and its regional headquarters has issued a warning to all Middle East IT users that they will see...

MMI Travel re-launches Gulf Ventures destination unit.
January 1, 2002... MMI Travel, a division of Maritime and Mercantile International Ltd., has re-launched Gulf Ventures, a dedicated destination management unit that will cater to tourists inbound for the United Arab Emirates (UAE). MMI General Manager Kerem...

Pakistan launches Thuraya commercial services.
January 1, 2002... Pakistan launches the start of Thuraya Commercial Services today in Islamabad this week, as part of the gradual services rollout in the coverage area spanning Europe, North and Central Africa, the Middle East, Central Asia and the South Asia...

Saudi legal consultancy and translation firm Luqman opens Dubai office.
January 1, 2002... Luqman, a Saudi owned specialized legal consultancy and translation firm, officially opened its doors to business in Dubai with a call for more GCC nationals to specialize in the key business sectors of the future. "My firm fills a much...

ARAMEX opens logistics facility in Jordan.
January 1, 2002... ARAMEX International Limited, the international express and freight forwarding logistics company, has strengthened its operations in Jordan with a new logistics facility at Queen Alia International Airport Free Zone, in Amman. The one million...

EIM launches Preferred Reseller Program for its BusinessOne service.
January 1, 2002... Emirates Internet & Multimedia (EIM) recently launched a Preferred Reseller Program for its BusinessOne Internet service. The company also announced that it has already signed agreements to this effect with several major resellers in the...

Barclays launches new Euro account for international clients.
January 1, 2002... With the introduction of euro notes and coins on January 1, 2002, Barclays Private Clients, the wealth management arm of Barclays, is launching a new euro High Interest Cheque Account (euro HICA) to meet international growth in demand for euro...

Mashreqbank launches third Al-Mashreq Al-Emarati program.
January 1, 2002... In its continued support of the national Emiratization drive, Mashreqbank announced the launch of its third Al-Mashreq Al-Emarati program recently. The program aims to create specialized training opportunities for United Arab Emirates (UAE)...

Man Shot in Anti-Okemo Demo.
January 1, 2002... (From The Nation (Kenya) - AAGM) Byline: Michael Oongo A man was shot in the leg yesterday in Matayos market near Busia town as police dispersed rowdy Narc supporters protesting against the outcome of the Nambale seat election. Mr...

TAMC considering NFC's loan request.
January 2, 2002... Thai Asset Management Corp (TAMC) is calling for a letter of intent from National Fertilizer Company Plc (NFC)'s creditors before approving a loan of 900 million. The loan request was submitted to the TAMC because NFC is short of money to...

Repo rate cut expected to support exports.
January 2, 2002... Pridiyathorn Devakula, governor of the Bank of Thailand (BoT), said the 0.25 percent cut in the 14-day repurchase rate to 2.25 percent on Tuesday (25 Dec) will lead to the baht's exchange rate level that is appropriate for stimulating exports,...

SCIB likely delay public offering plan till 2003.
January 2, 2002... State run Siam City Bank Plc will likely put off its public offering plan until 2003, according to a report in Manager Daily, December 27, 2001. The bank plans to take an aggressive move to expand the business next year and so 2003 should...

Compromise on investment in SCIB and BMB likely to be reached soon.
January 2, 2002... Finance minister Somkid Jatusripitak and the Bank of Thailand's governor Pridiyathorn Devakula will discuss approaches to make the Government Pension Fund (GPF) and the Financial Institutions Development Fund (FIDF) compromise over investment...

31 billion budget planned for production improvement.
January 2, 2002... The Industry Ministry plans a budget of 31 billion baht to improve a standard of production in six key industries next year, a report in Manager Daily, December 28, 2001, said. Industry minister Suriya Juengrungruangkij said the plan is...

GSB to complete privatization in fourth quarter next year.
January 2, 2002... Government Savings Bank Plc (GSB) plans to complete its privatization plan within the fourth quarter next year, a report in Manager Daily, December 28, 2001, said. GSB president Chanchai Musiknisakorn said the bank is in the process of...

I-Net increases dividend by 10 percent.
January 2, 2002... Internet Thailand Plc (I-NET) has decided to increase this year's dividends by 10 percent, a report in Manager Daily, December 28, 2001, said. I-NET managing director Trin Tantasetthi said the company will pay 0.1171 baht in dividend per...