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COPYRIGHT 2005 Asia Pulse Pty Ltd
An executive briefing on the economies of Asia for Feb 28, 2005, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia based wire with exclusive news, commercial intelligence and business opportunities.
INDONESIAN GOVT SET TO REDUCE UNEMPLOYMENT: YUDHOYONO
JAKARTA - The government is set to reduce unemployment in the country to less than 6 per cent in 5 years from the current level 9-10 per cent, President Susilo Bambang Yudhoyono said.
For that purpose the government will help boost development of small and medium enterprises that are more labor intensive to eliminate poverty, Susilo said on Saturday.
S.KOREAN GOV'T TO INVEST US$998 MLN TO HELP VENTURE STARTUP COS
SEOUL - The government plans to invest 1 trillion won (US$998 million) into fund of funds (FoFs) that will provide money to venture startup companies and help in the creation of new businesses, Minister of Finance and Economy Lee Hun-jai said Monday.
Speaking at a general meeting of venture companies in Seoul, Lee said that the scheme is part of an ongoing effort to breathe life into the high-tech venture startup sector, which generated growth following the 1997-98 Asian financial crisis but has since fallen on hard times.
WORKSHOP ON AGCC INDUSTRIAL STRATEGY OPENS IN QATAR
DOHA - A workshop on quantitative criteria to measure AGCC states progress in realizing the objectives of their unified industrial strategy, opened today in Doha,...
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