AsiaPulse News back issues from August 2000:
OPEN - ASIA PULSE INTERNATIONAL - AUGUST 1, 2000.
Aug 01, 2000 ... Good Morning. This is the Asia Pulse International service of business intelligence, news, tenders and expert commentary on the economies of Asia provided by Asia Pulse Pte Ltd (Asia Pulse). Asia Pulse reserves all rights including copyright in relation to services ...
LYNUXWORKS, ISDCORP ANNOUNCE MERGER.
Aug 01, 2000 ... (Full text of a statement. Contact details below.) SAN JOSE, July 31 PRNewswire-AsiaNet - LynuxWorks, Inc., (formerly Lynx Real-Time Systems), a leader in embedded Linux and a pioneer in the open standards real-time operating system (RTOS) industry, today announced a definitive ...
AUSTRALIAN NEWSPAPER HIGHLIGHTS - AUG 1, 2000.
Aug 01, 2000 ... SYDNEY, Aug 1 Asia Pulse - Highlights of today's newspapers: <Pre> THE AUSTRALIAN FINANCIAL REVIEW - The Seven Network's Kerry Stokes immodestly calls it </Pre> "the greatest event in our country's history". But Australia's richest man Kerry Packer, might ...
INRANGE TECHNOLOGIES TO ACQUIRE COMPUTERM CORPORATION.
Aug 01, 2000 ... Full text of a statement. Contact details below.) MOUNT LAUREL, July 31 PRNewswire-AsiaNet - As corporations implement Storage Area Networks (SANs) to manage the rising volume of data being generated by the Internet, eBusiness, and other catalysts, an imperative for IT ...
FOREX - AUSTRALIAN DOLLAR SUFFERS LOSSES - AUG 1, 2000.
Aug 01, 2000 ... SYDNEY, Aug 1 Asia Pulse - The Australian dollar was on the slippery slope last night, slicing through 58 US cents as a second wave of offshore selling engulfed it. The market has set its bear sights firmly on the unit and it has lost one US cent over the past 24 hours. ...
TIBCO Software Teams With Nissei Sangyo.
Aug 01, 2000 ... (Full text of a statement. Contact details below.) PALO ALTO, July 31 PRNewswire-AsiaNet - TIBCO Software Inc. (Nasdaq: TIBX), a leading provider of real-time infrastructure software for e-business, has announced an alliance with Nissei Sangyo Co., Ltd., a trading company ...
ARESCOM INC RECEIVES INTEROPABILITY CERTIFICATION.
Aug 01, 2000 ... (Full text of a statement. Contact details below.) FREMONT, Calif., July 31 PRNewswire-AsiaNet - ARESCOM, Inc., a global provider of broadband Internet and remote access equipment, announced today that it has received CopperCompatible(TM) certification with CopperEdge(R) DSL ...
DIYIXIAN.COM LAUNCHES NEW E-INSIGHT PROGRAM.
Aug 01, 2000 ... (Full text of a statement. Contact details below.) HONG KONG, July 31 HK PRNewswire-AsiaNet - Diyixian.com, the leading Greater China IP Carrier, today announced the launch of its new e-Insight Program, an 'Enabler' initiative for developing B2B e-businesses in Greater China ....
W. C. HERAEUS SELLS SINGAPORE ENGINEERING SUBSIDIARY.
Aug 01, 2000 ... (Full text of a statement. Contact details below.) HANAU, Germany, August 1 News Aktuell-AsiaNet - W.C. Heraeus International GmbH, a company of the precious metal and technology group Heraeus Holding GmbH, has sold one of its subsidiaries, the Singapore-based Heraeus Precision ...
ANALOG DEVICES, MINEBEA CO TO DEVELOP NEW AUTO SYSTEMS.
Aug 01, 2000 ... (Full text of a statement. Contact details below.) NORWOOD, Mass., July 31 PRNewswire-AsiaNet - Analog Devices, Inc. (NYSE: ADI) and Minebea Co., Ltd. (NMB) of Japan, a leading manufacturer of motors and machinery products, announced that the two companies have formed an ...
KOREAN NEWSPAPER HIGHLIGHTS - AUGUST 1, 2000.
Aug 01, 2000 ... SEOUL, August 1 Asia Pulse - Highlights from Korean Newspapers: DONG-A ILBO 1. Two Koreas agree to relink Kyongui railway between Seoul and Shinuiju. 2. Large-scale cabinet reshuffle expected next week; most economic ministers likely to be shuffled. ...
SINA.COM LAUNCHES WIRELESS SERVICES IN US.
Aug 01, 2000 ... (Full text of a statement. Contact details below.) SUNNYVALE, Calif., July 31 PRNewswire-AsiaNet - SINA.com (Nasdaq: SINA), a leading Internet media and services company for Chinese communities worldwide, today announced the official launch of wireless services in the United ...
STOCKS - AUSTRALIAN INDEX OPENS FIRMER - AUG 1, 2000.
Aug 01, 2000 ... SYDNEY, Aug 1 Asia Pulse - The Australian stockmarket has opened firmer with gains in technology stocks and blue chips like AMP and BHP overcoming mixed signals from offshore markets. At 1009 AEST, the all ordinaries was up six points at 3219.6 while the S&P/ASX200 climbed 5.8 ...
INDIAN SOFTWARE MAJOR ACQUIRES US-BASED SPECSOFT FOR US$10 MLN.
Aug 01, 2000 ... MUMBAI, Aug 1 Asia Pulse - India's computer education and software major Aptech Ltd has acquired US-based Specsoft Consulting Inc for over Rs 450 million (about US$10 million). The Aptech Board, which met here Monday, approved the earlier agreement with the shareholders of ...
INDIAN PRIVATE THINK TANK PROJECTS 2000-01 GROWTH AT 6.6 PCT.
Aug 01, 2000 ... NEW DELHI, Aug 1 Asia Pulse - Private Credit rating agency, ICRA, has projected a 6.6 per cent GDP growth for 2000-01 as against the government's estimate of over seven per cent, due to slowdown in sectors like cement, commercial vehicles and chemicals. Most industrial items ...
POWER FAILURE STOPS DEPARTURES AT SYDNEY AIRPORT.
Aug 01, 2000 ... SYDNEY, Aug 1 Asia Pulse - Power supply problems today at the air traffic control tower at Sydney airport have delayed indefinitely domestic and international flight departures. "At the moment we appear to have a power problem which is affecting the air traffic control ...
SOUTHERN PETROCHEMICAL INDUSTRIES IN NOTES RESTRUCTURE.
Aug 01, 2000 ... (Full text of a statement. Contact details below.) CHENNAI, India, July 31 PRNewswire-AsiaNet - Southern Petrochemical Industries Corporation Limited (the "Company" or SPIC) has announced that it is exploring strategic alternatives on its Floating Rates Notes due 2003. ...
CONCERT UNVEILS PLANS TO EXPAND IP-BASED NETWORK SERVICES.
Aug 01, 2000 ... (Full text of a statement. Contact details below.) NEW YORK, July 31 PRNewswire-AsiaNet - In conjunction with the launch of its new Concert IP portfolio, announced separately today, Concert unveiled plans to expand its IP-based networking services into a suite of products ...
GOV'T ISSUES HYUNDAI ULTIMATUM TO SPLIT MOTOR UNIT FROM CO.
Aug 01, 2000 ... SEOUL, Aug 1 Asia Pulse - The government has ordered Hyundai, through the group's main creditor bank Korea Exchange, to separate Hyundai Motor from the conglomerate, clarify management organization and dismiss those responsible for the company's current crisis. A financial ...
VISTEON ISSUES $US1.2BLN IN GLOBAL NOTES.
Aug 01, 2000 ... (Full text of a statement. Contact details below.) DEARBORN, Mich., July 31 PRNewswire-AsiaNet - The Visteon Corporation (NYSE: VC) today announced a public offering of $1.2 billion worth of global notes. The transaction was priced today and is expected to close on Thursday, ...
STOCKS - KOSPI CLIMBS 1.60 POINTS - AUG 1, 2000.
Aug 01, 2000 ... SEOUL, August 1 Asia Pulse - The main stock market opened the session strong Tuesday, but the rally is expected to be short-lived. The Korean Composite Stock Price Index (KOSPI) ...
FOREX - U.S. DOLLAR TRADED AT 1,116.00 WON - AUG 1, 2000.
Aug 01, 2000 ... SEOUL, Aug 1 Asia Pulse - The U.S. dollar fell marginally against the won Tuesday morning. The ...
CONCERT TO EXPAND PORTFOLIO OF SERVICES.
Aug 01, 2000 ... (Full text of a statement. Contact details below.) NEW YORK, July 31 PRNewswire-AsiaNet - In response to unprecedented change and transformation in the telecommunications industry, Concert announced today it is expanding its wholesale portfolio of services while investing in new ...
INDIAN MINISTRY AGREES TO LOAN OF US$668 MLN FOR TEXTILE UPGRADE.
Aug 01, 2000 ... NEW DELHI, Aug 1 Asia Pulse - The Indian Textiles Ministry has said that it has sanctioned loan amounts of Rs 30.84 billion (US$668 million) under the Technology Upgradation Fund up to June this year. As on June, 2000 the ministry has sanctioned a loan amount of Rs 30.84 ...
S KOREAN STOCK INVESTORS LOSE ABOUT US$41BLN IN 2000.
Aug 01, 2000 ... SEOUL, August 1 Asia Pulse - Korean individual investors playing the stock market lost about 46 trillion won (US$41.25 billion) this year, according to securities sources. On the main stock market, total capitalization has shrunk to 251 trillion won from 357 trillion won at the ...
JAPANESE MORNING NEWSPAPER HIGHLIGHTS - AUG 1, 2000.
Aug 01, 2000 ... TOKYO, Aug 1 Asia Pulse - Highlights of the morning edition of the Nihon Keizai Shimbun (Nikkei) today: - U.S. Seen Using Lax Standards For Gene Patents - Mori Apologizes For Naming Kuze As FRC Chief - Seiko Epson To Recover, Recycle Products - ...
JAPAN'S FUNAI ELECTRIC REPORTS 34% JUMP IN GROUP NET PROFIT.
Aug 01, 2000 ... TOKYO, Aug 1 Asia Pulse - Funai Electric Co. (6839) reported on Monday a consolidated net profit of 12.3 billion yen (US$112 million) for the fiscal year ended June 30, up 34% on the year. The company attributed the profit increase to sales growth of VCRs and TVs with ...
HONG KONG NEWSPAPER HIGHLIGHTS - AUGUST 1, 2000.
Aug 01, 2000 ... HONG KONG, Aug 1 Asia Pulse - Highlights of today's newspapers: SOUTH CHINA MORNING POST - Leading judge Mr Justice Henry Litton backed plans to make the legal system cheaper and more effective when making his final appearance in the top court yesterday. ...
MALAYSIAN RESERVES STRONG AT END JUNE: RESERVE BANK.
Aug 01, 2000 ... KUALA LUMPUR, Aug 1 Asia Pulse - Malaysia's reserves as at June this year, based on International Monetary Fund (IMF) standards, were strong, usable and unencumbered, Bank Negara announced here Monday. Total international reserves as at end June, 2000, amounted to US$33,996.17 ...
S KOREAN TAX SERVICE RUNS CHECKS ON ILLEGAL GAMBLERS.
Aug 01, 2000 ... SEOUL, Aug 1 Asia Pulse - The National Tax Service has secured a list of business people who have traveled outside the nation to gamble and are expected to take out money illegally. According to an NTS official Tuesday, tens of entrepreneurs drew excessive cash advances from ...
STOCKS - KL INDEX OPENS HIGHER - AUG 1, 2000.
Aug 01, 2000 ... KUALA LUMPUR, Aug 1 Asia Pulse - Share prices on the Kuala Lumpur Stock Exchange opened higher in thin trading this morning following encouraging leads. But the market faltered after half an hour on lack of follow through buying. At 9.40 a.m, the Composite Index was ...
THAILAND NEWSPAPER HIGHLIGHTS - AUG 1, 2000.
Aug 01, 2000 ... BANGKOK, Aug 1 Asia Pulse - Highlights of today's newspapers: BANGKOK POST - The baht's slide against the US dollar has not helped farmers and exporters. Instead, the six percent decline in recent months has damaged industrial manufacturers, businesses say. ...
INDONESIA TO BUILD AGRIBUSINESS TERMINALS IN SIX PROVINCES.
Aug 01, 2000 ... JAKARTA, Aug 1 Asia Pulse - The Indonesian government is to build a number of agribusiness terminals in six provinces this year to improve the marketing of farm commodities overseas. Darman Hasibuan, spokesman for the Agriculture Ministry, said here Monday the six provinces to ...
SUNSHINE PARADIGM AWARDED SHOPPING COMPLEX CONTRACT.
Aug 01, 2000 ... KUALA LUMPUR, Aug 1 Asia Pulse - Main Board-listed TH Group Bhd's subsidiary, Sunshine Paradigm Sdn Bhd, has been awarded a contract worth about RM110 million ($US28.9 million) to construct a 15-storey office-cum-shopping complex in Mukim Batu, Selangor. In a statement Monday, ...
MALAYSIA TO RECRUIT MORE BANGLADESH WORKERS SUBJECT TO VACANCIES.
Aug 01, 2000 ... KUALA LUMPUR, Aug 1 Asia Pulse - Malaysia will continue to recruit Bangladeshis if vacancies exist, Prime Minister Dr Mahathir Mohamad has told his visiting Bangladesh counterpart Sheikh Hasina. Malaysian Foreign Minister Syed Hamid Albar said that during Dr Mahathir's meeting ...
SOEHARTO FIT FOR TRIAL, SAYS INDONESIAN AG.
Aug 01, 2000 ... JAKARTA, Aug 1 Asia Pulse - Attorney General Marzuki Darusman said Monday that former president Soeharto was fit for trial in his capacity as former head of several foundations. "The results of comprehensive health checks done on him several days ago are the same as those made a ...
FOREX - MAJOR CURRENCIES OPEN HIGHER VS RINGGIT - AUG 1, 2000.
Aug 01, 2000 ... KUALA LUMPUR, Aug 1 Asia Pulse - Major currencies opened mostly steadier against the ringgit in light trading as the yen and euro were stronger in overseas markets with the US dollar consolidating after its recent gains. Tracking overseas trends, the yen opened on a steadier ...
BRIDGESTONE RAISES GROUP NET PROFIT FORECAST TO US$824 MLN.
Aug 01, 2000 ... TOKYO, Aug 1 Asia Pulse - Bridgestone Corp. (TSE:5108) raised Monday its consolidated net profit forecast for the year through December by 5 billion yen to 90 billion yen (US$824 million), 1% more than last year. Strong tire sales at home and abroad and lower corporate taxes ...
VIETNAMESE NEWSPAPER HIGHLIGHTS - AUG 1, 2000.
Aug 01, 2000 ... HANOI, Aug 1 Asia Pulse - Highlights of today's newspapers: NHAN DAN (PEOPLE): - As consumption of fresh milk of the two companies Vinamilk and Foremost is assured, milk cows' population in Duc Hoa, province of Long An (Southern Vietnam) has rapidly increased. So ...
INDONESIAN NEWSPAPER HIGHLIGHTS - AUG 1, 2000.
Aug 01, 2000 ... JAKARTA, Aug 1 Asia Pulse - Highlights of today's newspapers: THE JAKARTA POST - The government signed a new letter of intent with the International Monetary Fund Monday, paving the way for the next disbursement of IMF funds. - Indonesia has thrown its ...
INDONESIA'S INDOFOOD SERVICES US$240 MLN IN DEBTS.
Aug 01, 2000 ... JAKARTA, Aug 1 Asia Pulse - Food producer Indofood (JSX:INDF) announced Monday it had serviced its debts totalling US$240 million and Rp625.9 billion to the syndication of six creditors. In a press release, the company said it received a syndication loan of US$300 million to ...
TOSHIBA, DAI NIPPON PRINTING TO MAKE, SELL CIRCUIT BOARDS.
Aug 01, 2000 ... TOKYO, Aug 1 Asia Pulse - Toshiba Corp. (TSE:6502) and Dai Nippon Printing Co. (TSE:7912) will set up a company in October to produce and market printed circuit boards, company officials said Monday. The partners will specialize in high-density and small multi-layered circuit boards, ...
SINGAPORE NEWSPAPER HIGHLIGHTS - AUG 1, 2000.
Aug 01, 2000 ... SINGAPORE, Aug 1 Asia Pulse - Highlights of today's newspapers: THE STRAITS TIMES - The property giant arising from the merger of Pidemco Land and DBS Land yesterday unveiled performance targets that will make it a world-class group with $18 billion in assets. ...
FEWER RIGHTS OFFERINGS EXPECTED TO BOOST KOREAN BOURSE IN AUGUST.
Aug 01, 2000 ... SEOUL, Aug 1 Asia Pulse - In July, the Korea Composite Stock Price Index fell from the 830 range to the 700 range, and the index for the over-the-counter KOSDAQ also declined from 150 to around 110. Many analysts expect August will be better than July for no other reason than a ...
AUSTRALIA'S ANZ BANK COMPLETES SALE OF GRINDLAYS UNIT.
Aug 01, 2000 ... SYDNEY, Aug 1 Asia Pulse - ANZ Banking Group Ltd (ASX:ANZ) said it has completed the $A3.1 billion ($US1.79 billion) sale of its subsidiary ANZ Grindlays to UK-based Standard Chartered plc. "ANZ today confirmed that, following approval by regulatory authorities, the sale of its ...
KOREA'S SK CORP TO REDUCE PARA XYLENE PRODUCTION.
Aug 01, 2000 ... SEOUL, Aug 1 Asia Pulse - SK Corp (KSE: 03600) said Tuesday that it will reduce by 50 percent the production of para xylene, a raw material of purified terephthalic acid (TPA) beginning today. SK will suspend one para xylene line with a capacity of 350,000 tons for four to six ...
AUSTRALIAN EXPORTS UP 4 PCT IN JUNE.
Aug 01, 2000 ... CANBERRA, Aug 1 Asia Pulse - Phenomenal growth in exports over the past year has led to a better-than-expected improvement in Australia's trade deficit in June. Exports have grown by more than 32 per cent in the past year, the fastest year-to rate since May 1985. The ...
ABN AMRO SAYS HYUNDAI CONSTRUCTION UNLIKELY TO DEFAULT.
Aug 01, 2000 ... SEOUL, Aug 1 Asia Pulse - Under growing concern Hyundai Engineering and Construction (KSE: 00720) is in a liquidity crisis, a Dutch-based securities firm has given a positive assessment of the company. According to ABN Amro's report on Monday, the securities firm did not foresee ...
JAPAN GOVT TENDER - DNA SEQUENCER.
Aug 01, 2000 ... ***** ASIA PULSE TENDER ***** DEFENSE AGENCY TO PROCURE DNA SEQUENCER AND OTHER The following is a procurement notice published in the Kanpo Japanese government gazette on July 14: (1) Official in charge of disbursement of the procuring entity : ...
JAPAN GOVT TENDER - PERSONAL COMPUTER.
Aug 01, 2000 ... ***** ASIA PULSE TENDER ***** POSTS MINISTRY TO PROCURE PERSONAL COMPTER The following is a procurement notice published in the Kanpo Japanese government gazette on July 13: (1) Contracting entity : Toshiji Kanaya, Director-General of Tokai ...
JAPAN GOVT TENDER - ACCOUNTING SYSTEM.
Aug 01, 2000 ... ***** ASIA PULSE TENDER ***** MINISTRY OF FOREIGN AFFAIRS INVITES BIDS FOR DEVELOPMENT OF ACCOUNTING SYSTEM The following is a procurement notice published in the Kanpo Japanese government gazette on July 13: (1) Official in charge of ...
JAPAN GOVT TENDER - SERVER.
Aug 01, 2000 ... ***** ASIA PULSE TENDER ***** IMPERIAL GUARD HEADQUARTERS TO LEASE SERVER The following is a procurement notice published in the Kanpo Japanese government gazette on July 13: (1) Official in charge of disbursement of the procuring entity : ...
AUSTRALIA'S CLOUGH WINS PIPELINE CONTRACTS IN BRUNEI, W. AUST.
Aug 01, 2000 ... BRISBANE, Aug 1 Asia Pulse - Engineering and construction group Clough Ltd (ASX:CLO) today announced the securing of two offshore oil and gas field contracts in South-East Asia and Australia worth a total of more than $A38 million ($US21.99 million). Clough managing director Dr ...
JAPAN GOVT TENDER - ANALYTICAL SYSTEM.
Aug 01, 2000 ... ***** ASIA PULSE TENDER ***** HYOGO PREFECTURAL POLICE TO PROCURE ANALYTICAL SYSTEM The following is a procurement notice published in the Kanpo Japanese government gazette on July 14: (1) Official in charge of disbursement of the procuring ...
JAPAN GOVT TENDER - DIRECTION FINDING SYSTEM-SENSOR (1).
Aug 01, 2000 ... ***** ASIA PULSE TENDER ***** POSTS MINISTRY TO PROCURE DIRECTION FINDING SYSTEM-SENSOR The following is a procurement notice published in the Kanpo Japanese government gazette on July 13: (1) Contracting entity : Hideo Shimizu, Director-General ...
JAPAN'S FIRST-HALF STEEL EXPORTS RISE 14.7%.
Aug 01, 2000 ... TOKYO, Aug 1 Asia Pulse - Steel exports increased 14.7% on the year to 14.64 million tons for the January-June period, the Japan Iron and Steel Federation reported Monday. The amount is the first to exceed 14 million tons since the first half of 1986. Shipments ...
JAPAN'S SEIKO EPSON TO RECOVER, RECYCLE PRODUCTS NATIONWIDE.
Aug 01, 2000 ... TOKYO, Aug 1 Asia Pulse - Seiko Epson Corp. will begin a nationwide service to recover and recycle its products, including computers, printers, digital cameras and projectors, for a fee, company sources said Monday. The company will begin recovering used products from corporate ...
JAPAN GOVT TENDER - MULTIPLEXER.
Aug 01, 2000 ... ***** ASIA PULSE TENDER ***** POSTS MINISTRY TO PROCURE MULTIPLEXER The following is a procurement notice published in the Kanpo Japanese government gazette on July 13: (1) Contracting entity : Hideo Shimizu, Director-General of the Finance ...
JAPAN GOVT TENDER - OFFSET-NUMBERING COMBINATION PRESS.
Aug 01, 2000 ... ***** ASIA PULSE TENDER ***** MINISTRY OF FINANCE TO PROCURE OFFSET-NUMBERING COMBINATION PRESS The following is a procurement notice published in the Kanpo Japanese government gazette on July 13: (1) Official in charge of disbursement of the ...
MALAYSIAN NEWSPAPER HIGHLIGHTS - AUG 1, 2000.
Aug 01, 2000 ... KUALA LUMPUR, Aug 1 Asia Pulse - Highlights of today's newspapers: NEW STRAITS TIMES - The private sector, which has not responded favourably to some of the 2000 Budget incentives, must be more proactive to generate economic growth, Finance Minister Tun Daim ...
MALAYSIAN INTERBANK RATES TO BE STEADIER.
Aug 01, 2000 ... KUALA LUMPUR, Aug 1 Asia Pulse - Interbank rates are expected to firm further as Bank Negara continues to absorb surplus cash from the system, said a dealer. The central bank today forecast a fund surplus of RM2.150 billion in conventional operations and another RM2.278 billion ...
JAPAN GOVT TENDER - INTERPRETIVE ELECTRO CARDIOGRAPH.
Aug 01, 2000 ... ***** ASIA PULSE TENDER ***** DEFENSE AGENCY TO PROCURE INTERPRETIVE ELECTRO CARDIOGRAPH The following is a procurement notice published in the Kanpo Japanese government gazette on July 14: (1) Official in charge of disbursement of the procuring ...
JAPAN GOVT TENDER - DIRECTION FINDING SYSTEM-SENSOR (2).
Aug 01, 2000 ... ***** ASIA PULSE TENDER ***** POSTS MINISTRY TO PROCURE DIRECTION FINDING SYSTEM-SENSOR The following is a procurement notice published in the Kanpo Japanese government gazette on July 13: (1) Contracting entity : Hideo Shimizu, Director-General ...
VIETNAM OPENS PRIVATE HOSPITAL OPENS IN HCM CITY.
Aug 01, 2000 ... HANOI, Aug 1 Asia Pulse - A new 80 bed private hospital has opened in Ho Chi Minh City, the second private facility to begin operations in the city and one of seven now serving the southern region. Van Hanh General Hospital, owned by the Van Hanh Health Care Ltd Company, ...
JAPAN GOVT TENDER - DRY FOOD.
Aug 01, 2000 ... ***** ASIA PULSE TENDER ***** NATIONAL SALMON RESOURCES CENTER TO PROCURE DRY FOOD The following is a procurement notice published in the Kanpo Japanese government gazette on July 13: (1) Official in charge of disbursement of the procuring ...