AsiaPulse News back issues from March 2001:
OPEN - ASIA PULSE INTERNATIONAL - MAR 1, 2001.
Mar 01, 2001 ... 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 ...
FOREX - AUSTRALIAN DOLLAR OPENS FIRMER - MAR 1, 2001.
Mar 01, 2001 ... SYDNEY, Mar 1 Asia Pulse - The Australian dollar was marginally firmer this morning after a limp attempt to rally on a Japanese rate cut. At 0700 AEDT the Australian dollar was $US0.5259/64 from 0.5245/50 yesterday. Overnight, instead of a highly expected US rate ...
AUSTRALIAN NEWSPAPER HIGHLIGHTS - MAR 1, 2001.
Mar 01, 2001 ... SYDNEY, Mar 1 Asia Pulse - Highlights of today's newspapers: THE DAILY TELEGRAPH: - AMP's one million shareholders will receive an average dividend of $235 each after the country's biggest insurer bounced back to deliver a record $1.15 billion annual profit yesterday ....
KOREAN GOVT NAMES YOON BYUNG-CHUL CEO OF FINANCIAL HOLDING CO.
Mar 01, 2001 ... SEOUL, Mar 1 Asia Pulse - The government named Wednesday Yoon Byung-chul, 64, president of Hana Bank, as chief executive officer-president of the financial holding company scheduled for opening in April. Deputy Chairman Jung Keun-yong of the Financial Supervisory Commission ...
MALAYSIA'S REAL GROSS DOMESTIC PRODUCT REACHES 8.5 PCT IN 2000.
Mar 01, 2001 ... KUALA LUMPUR, Mar 1 Asia Pulse - According to figures released by the statistics department, Malaysia registered a strong real gross domestic product (GDP) growth of 8.5 per cent for 2000, compared with 5.4 per cent in 1999. It said that in the last quarter of 2000, real GDP ...
PSAINC SUBSIDIARY JET VACATIONS SITE REGISTERS METEORIC GROWTH.
Mar 01, 2001 ... (Full text of a statement. Contact details below.) LOS ANGELES, Feb. 28 /PRNewswire-AsiaNet/ -- PSAINC (OTC Bulletin Board: PSAX) announced today that its subsidiary Jet Vacations International, Inc., the company it acquired at the end of the 4th quarter 2000, has seen a ...
INDIAN GOVT TO FLOAT US$1.2 MLN JOURNALISTS WELFARE FUND.
Mar 01, 2001 ... NEW DELHI, Mar 1 Asia Pulse - The Indian Government today proposed to set up a Journalists Welfare Fund with a contribution of Rs 10 million (US$1.2 million) under the grants of the federal Information and Broadcasting Ministry. Presenting the 2001-02 Budget in the Indian ...
NOBLE GROUP DELIVERS BEST EVER FULL YEARS RESULTS.
Mar 01, 2001 ... (Full text of a statement. Contact details below.) HONG KONG, Feb. 28 /PRNewswire Asia-AsiaNet/ -- Singapore listed Noble Group Limited (NOBL) reported that revenues increased 51 per cent and profits jumped 234 per cent over FY1999, a record for the group. Richard S ...
INDIAN GOVT TO REVIEW ESSENTIAL COMMODITIES ACT.
Mar 01, 2001 ... NEW DELHI, Mar 1 Asia Pulse - The Indian government proposes to review the operation of the Essential Commodities Act, 1955, and remove several restrictions imposed on the free inter-state movement of foodgrains and agricultural produce, besides storage and stocking of such commodities. ...
PROBLEMS FACING CHINA`S CHEMICAL FIBER INDUSTRY.
Mar 01, 2001 ... BEIJING, Mar 1 Asia Pulse - China`s chemical fiber industry is haunted by the following problems, according to an official with the State Economic and Trade Commissiion: -- Irrational structure, strong in scale economy but weak in competition. The problem of "easier said than ...
HUANENG POWER TO PURCHASE NATURAL GAS, PIPELINE TRANSPORTATION.
Mar 01, 2001 ... (Full text of a statement. Contact details below.) BEIJING, Mar. 1 /PRNewswire Asia-AsiaNet/ -- Huaneng Power International, Inc. (the "Company") (NYSE: HNP) (SEHK: 902) today announced that it had signed a letter of intent with PetroChina Company Limited ("PetroChina") with ...
FLONETWORK INC. INTRODUCES NEW XML POWERED EMESSAGING PLATFORM.
Mar 01, 2001 ... (Full text of a statement. Contact details below.) GREENWICH, Feb. 28 /CNW-AsiaNet/ - FloNetwork Inc. (http://www.flonetwork.com), a leader in eMarketing automation solutions that enable marketers to build long-term customer relationships that drive revenue and profitability, ...
STOCKS - AUSTRALIAN SHARES OPEN LOWER - MAR 1, 2001.
Mar 01, 2001 ... SYDNEY, Mar 1 Asia Pulse - Australian stocks opened lower following Wall St's retreat overnight on news an interest rate cut was unlikely in the short term. The benchmark S&P/ASX200 was 6.5 points lower to 3320.0 shortly after opening, while the all ordinaries index fell 6.4 ...
DIARY - MEDICINAL HIGH-TECH INVESTMENT SEMINAR, BEIJING MAY 9-12.
Mar 01, 2001 ... BEIJING, Mar 1 Asia Pulse - A seminar on high-tech medicine investment and trading is scheduled for May 9-12, 20001 at the Beijing Friendship Hotel. The seminar is sponsored jointly by the Research Center of Pharmaceutical, Health Care and Science Development under the Ministry ...
HUANENG POWER ANNOUNCES CHANGE TO FINANCIAL STATEMENTS DISCLOSURE.
Mar 01, 2001 ... (Full text of a statement. Contact details below.) BEIJING, Mar. 1 /PRNewswire Asia-AsiaNet/ -- Huaneng Power International, Inc. (the "Company") (NYSE: HNP) (SEHK: 902) announced today that starting from the fiscal year 2000, the Company's published annual financial statements ...
AUSTRALIA'S BHP TO TAKE LEGAL ACTION AGAINST STRIKING MINERS.
Mar 01, 2001 ... BRISBANE, March 1 Asia Pulse - After the Australian Industrial Relations Commission (AIRC) yesterday rendered BHP (ASX:BHP) stikers' actions illegal, BHP is set to take legal action against striking Queensland miners. AIRC commissioner Ken Bacon late yesterday granted an ...
SUSPECTED COMPUTER VIRUS HITS 70,000 CUSTOMERS OF TELSTRA ISP.
Mar 01, 2001 ... SYDNEY, March 1 Asia Pulse - A suspected computer virus has left nearly 70,000 customers of telecommunications giant Telstra (ASX:TLS) stranded in cyberspace. And the company, Australia's largest Internet service provider, could face claims of more than $A10 million ($US5.24 ...
AUSTRALIAN TEXTILE FIRM BRADMILL UNDARE GOES UNDER.
Mar 01, 2001 ... MELBOURNE, March 1 Asia Pulse - Receivers have been called in to one of Australia's largest textile companies, the Melbourne-based Bradmill Undare Group. Buyers are being sought for Bradmill's nine business units which include the Pelaco brand and one of the world's largest ...
AUSTRALIAN GOVT EXPECTED TO ANNOUNCE PETROL PRICE CUT THIS MONTH.
Mar 01, 2001 ... CANBERRA, March 1 Asia Pulse - It is expected that the federal government will announce a cut ino petrol prices before Queenslanders vote in the federal by-election for Ryan, which was once considered a blue-ribbon Liberal seat. The poll will be held on March 17 and Prime ...
FRAPORT AG EXHIBITS AT INTL TOURISM EXCHANGE FROM MARCH 3-7 IN BERLIN.
Mar 01, 2001 ... (Full text of a statement. Contact details below.) FRANKFURT, Feb. 28 /News Aktuell-AsiaNet/ - Fraport AG (Frankfurt Airport Services Worldwide) will once again be exhibiting at the International Tourism Exchange (ITB 2001) from March 3 to 7 at the International Congress Center ...
MERRYL LYNCH CUTS PROFIT FORECAST FOR AUSTRALIA'S SEVEN BY 47%.
Mar 01, 2001 ... SYDNEY, March 1 Asia Pulse - The profit forecast for Seven Network Ltd (ASX:SEV) has been cut by Merrill Lynch by almost 50 per cent after yesterday's worse-than-expected first half result. Merrill now expects Seven to post a pre-abnormal net profit of $A46.1 million ($US24.17 ...
AUSTRALIA'S COMPUTERSHARE TO TAKE CONTROL OF HK SHARE REGISTER.
Mar 01, 2001 ... SYDNEY, March 1 Asia Pulse - Computershare Ltd (ASX:CPU) will take full control of Central Registration Hong Kong, the country's largest share registrar, in a $A40 million ($US20.98 million) cash deal. Under the deal, Computershare will boost its current 50 per cent stake in the ...
AUSTRALIA'S HOWARD URGES FARMERS TO BE MORE EFFICIENT.
Mar 01, 2001 ... SYDNEY, March 1 Asia Pulse - Prime Minister John Howard today warned Australian farmers they must become more efficient if they were to compete in international markets. Mr Howard said the government could not afford to subsidise farmers the way the US did. ...
AUSTRALIA'S BIOTA HOLDINGS POSTS H1 PROFIT DROP TO US$776,112.
Mar 01, 2001 ... SYDNEY, March 1 Asia Pulse - Biotechnology company Biota Holdings Ltd (ASX:BTA) today reported a net profit of $A1.48 million ($US776,112) for the six months ended 31 December, 2000, down from $A4.57 million ($US2.4 million) previously. Biota also said that its full year results ...
ARGOQUEST COMPLETES US$40 MILLION FIRST ROUND FINANCING.
Mar 01, 2001 ... (Full text of a statement. Contact details below.) LOS ANGELES, Feb. 28 /PRNewswire-AsiaNet/ -- Argoquest Holdings, LLC, a private U.S. Holding Company that is actively engaged in identifying, funding, and managing a network of over 60 Israeli-based technology companies, ...
AMP'S SUCCESSFUL EXECUTION OF STRATEGY DRIVES CONTINUED GROWTH.
Mar 01, 2001 ... (Full text of a statement. Contact details below.) SYDNEY/Feb.28, 2001/MediaNet International-AsiaNet/-- AMP today reported a strong 2000 net profit after tax and abnormals of A$1,152m. This represents a turnaround of $1,576m from the A$424m loss after abnormals in 1999. ...
PHILIPPINE FSC WORKERS' STRIKE UPSETTING LOCAL BUSINESS PERSONS.
Mar 01, 2001 ... SUBIC BAY FREEPORT, March 1 Asia Pulse - Businesspersons and residents of the freeport have expressed exasperation over the "obviously politically motivated" protest at the Freeport Services Corporation (FSC). FSC is a subsidiary firm of the Subic Bay Metropolitan Authority ...
JAPAN'S CRUDE OIL IMPORTS FROM IRAN SLIGHTLY UP IN JANUARY.
Mar 01, 2001 ... TOKYO, March 1 Asia Pulse - Japan imported from Iran 20.38 million barrels of crude oil in January, up 0.1 percent from that of the previous year. Iran was Japan's third largest oil supplier in the month. The country imported 147.75 million barrels of crude oil in January, up ...
US FIRMS EAGER TO BE ACTIVE IN PAKISTAN: OFFICIAL.
Mar 01, 2001 ... RAWALPINDI, March 1 Asia Pulse - The US Deputy Chief of Mission Ms. Michele Sison said that the American firms are keen to participate in Oil and Gas, Mining, Information Technology, and Telecommunication sectors in Pakistan as "we believe that these sectors offer excellent prospects for ...
IRAN, BAHRAIN TO EXPAND INDUSTRIAL, MINING COOPERATION.
Mar 01, 2001 ... TEHRAN, March 1 Asia Pulse - Visiting Bahraini Minister of Trade and co-chairman of Iran-Bahrain Joint Cooperation Council, Ali Saleh al-Saleh, has met with the Minister of Industries and Mines Eshhaq Jahangiri to discuss expansion of ties in industrial and mining sectors, reported the ...
PHILIPPINES BAYANTEL SIGNS SERVICE LEVEL AGREEMENT WITH PLDT.
Mar 01, 2001 ... MANILA, March 1 Asia Pulse - Bayan Telecommunications Inc. (BayanTel) and the Philippine Long Distance Telephone Company (PLDT), in a joint initiative supported by the National Telecommunications Commission (NTC), have signed a service level agreement aimed at resolving issues pertaining ...
CHASHMA HYDEL POWER PROJECTS INAUGURATED IN PAKISTAN.
Mar 01, 2001 ... CHASHMA, March 1 Asia Pulse - President Mohammad Refiq Tarar stressed the need for promoting hydel power generation for boosting the country's economy for alleviation of poverty. He was addressing the inaugural ceremony of the first three units of Chashma hydropower project having ...
FOREX - PAKISTANI RUPEE STILL WEAK - MARCH 1, 2001.
Mar 01, 2001 ... KARACHI, Feb 28 Asia Pulse - The rupee shed another five paisa to the US dollar in the inter-bank market due to ongoing corporate demand for greenbacks. Bankers said the rupee closed at 60.35/60.40 to a US dollar after testing an intra-day low of 60.48 to a dollar. They said the ...
PHILIPPINES' BAI OFFICIALS ENFORCE LIVESTOCK IMPORT BAN AT NAI AIRPORT.
Mar 01, 2001 ... MANILA, March 1 Asia Pulse - The Bureau of Animal Industry (BAI) officials at the Ninoy Aquino International Airport (NAIA) were alerted today on the government's complete ban on the importation of meat and meat products from European countries following an outbreak of mad cow disease ...
PAKISTAN GOVT MAY EARN US$21 MLN FROM AUTO PART EXPORTS.
Mar 01, 2001 ... KARACHI, March 1 Asia Pulse - Pakistan's auto part exports will bring in US$21 million in 2000-01, as compared to $12 million it secured in 1999-2000, due to sizable orders coming from abroad. "We expect to go beyond $21 million in 2000-01 as our members have acquired a number ...
US-ASEAN COUNCIL SET TO PROVIDE TECHNICAL HELP TO PHILIPPINES.
Mar 01, 2001 ... MANILA, March 1 Asia Pulse - The United States-Asean Business Council is prepared to provide technical assistance and other appropriate support to the Philippines to implement measures deemed necessary in reviving the economy. US-Asean Business Council president Ernest Bower ...
PAKISTAN CHAMBERS OF COMMERCE TO IMPROVE TRADE WITH D-8 STATES.
Mar 01, 2001 ... KARACHI, March 1 Asia Pulse - A special task force headed by the Vice President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has been set up to draw up a detailed working plan to develop trade and economic ties with the D-8 countries. The FPCCI ...
GLOBAL ONE ANNOUNCES US$ 5 MLN GLOBAL IP VPN CONTRACT WITH YAGEO.
Mar 01, 2001 ... (Full text of a statement. Contact details below.) TAIPEI, Taiwan, Mar. 1 /PRNewswire Asia-AsiaNet/ -- Global One, a leader in innovative e-business communications solutions, today announced another major contract win for its industry-leading Global IP VPN service: Yageo ...
PAKISTANI GOVT SET TO BEGIN PTCL PRIVATIZATION IN MARCH.
Mar 01, 2001 ... ISLAMABAD, March 1 Asia Pulse - The government has finalized all arrangements to privatize the Pakistan Telecommunication Company Limited (PTCL), said a spokesman of the Privatization Commission. He said as various concerns have been addressed, the company is ready for ...
PHILIPPINES BANS IMPORT OF ANIMALS, MEAT FROM UK.
Mar 01, 2001 ... MANILA, March 1 Asia Pulse - Agriculture Secretary Leonardo Q. Montemayor has signed Department of Agriculture Memorandum Order (MO) No. 4 temporarily banning the import of cattle, pigs, sheep, goats and other foot and mouth disease (FMD) susceptible animals and their meat products from ...
PHILIPPINES SEAIR TO TEST VIABILITY OF CEBU-SIARGAO FLIGHTS.
Mar 01, 2001 ... CEBU CITY, March 1 Asia Pulse - SEAIR was set to conduct a "probing flight" Wednesday on the Cebu-Siargao route, according to the top regional tourism official. "Seair, together with Travelvision, a tour and travel agency, will test the Cebu-Siargao route," said Department of ...
AUSTRALIAN WORKERS UNION JOINS 24-HOUR CONSTRUCTION STRIKE.
Mar 01, 2001 ... MELBOURNE, March 1 Asia Pulse - The Australian Workers Union today joined Victoria's construction workers in a mass 24-hour strike that began at midnight last night. Victoria's industrial and commercial building sector is expected to lose up to $A19 million ($US9.96 million) as ...
TELSTRA SIGNS US$262.2 MLN IT DEVELOPMENT DEAL WITH EDS AUSTRALIA.
Mar 01, 2001 ... SYDNEY, March 1 Asia Pulse - Australia's Telstra Corp (ASX:TLS) has signed a five year IT applications development outsourcing agreement with EDS Australia to manage maintenance and development activities for the company's billing activities and shared databases, the company announced ...
AUSTRALIAN FISH EXPORTS SEEN REACHING US$1.3 BLN BY 2005.
Mar 01, 2001 ... CANBERRA, March 1 Asia Pulse - The value of Australian fish exports will hit $A2.5 billion ($US1.31 billion) by 2005, helped by better prices, a leading forecast conference was told today. Australian Bureau of Agricultural and Resource Economics (ABARE) senior economist Peter ...
AUSTRALIA'S VITA LIFE SCIENCES POSTS US$2.75 MLN ANNUAL PROFIT.
Mar 01, 2001 ... BRISBANE, March 1 Asia Pulse - Pharmaceutical and healthcare company Vita Life Sciences Ltd (ASX:VLS) has posted a $A5.25 million ($US2.75 million) annual profit, which is a 10 per cent rise above prospectus forecasts, in its first year as a public company. The company's total ...
AUSTRALIA'S KAZ COMPUTER SERVICES SIGNS CONTRACT WITH ANZ BANK.
Mar 01, 2001 ... SYDNEY, March 1 Asia Pulse - KAZ Computer Services Ltd (ASX:KAZ) today announced it had entered a multi-million dollar contract with ANZ Banking Group Ltd (ASX:ANZ). The contract, for a "proof of deposit" processing system, is to be undertaken by KAZ's 100 per cent owned ...
JAPANESE MORNING NEWSPAPER HIGHLIGHTS - MARCH 1, 2001.
Mar 01, 2001 ... TOKYO, March 1 Asia Pulse - Highlights of the morning edition of the Nihon Keizai Shimbun (Nikkei) today: - BOJ Cuts Rates As Industrial Output, Stocks Fall - Speculation Mounts Over Return To Zero-Rate Policy - Govt Set To Fully Deregulate Tracking Stocks ...
PROFILE - PHILIPPINES' SAN MIGUEL CORP (FEBRUARY 2000).
Mar 01, 2001 ... ********************************************* PROFILE OF PHILIPPIINES' SAN MIGUEL CORP PREPARED BY ASIA PULSE ANALYSTS (FEB, 2000) ********************************************* <Pre>Name: San Miguel Corp (SMC)Address: ...
JAPAN'S NTT TO CUT 6,700 JOBS, SPENDING TO GEAR FOR COMPETITION.
Mar 01, 2001 ... TOKYO, March 1 Asia Pulse - Nippon Telegraph and Telephone Corp. (TSE:9432)'s two regional units plan to trim a combined 6,700 jobs and curb capital spending by 9% in fiscal 2001, the NTT group said in a report released Wednesday. NTT West Corp. and NTT East Corp. hope to be ...
JAPAN'S SUMITOMO RUBBER POSTS 8 PCT RISE IN GROUP NET PROFIT.
Mar 01, 2001 ... OSAKA, March 1 Asia Pulse - Sumitomo Rubber Industries Ltd. (TSE:5110) booked more than 5.3 billion yen (US$45.98 million) in consolidated net profit for the fiscal year ended December 2000, up 8 per cent on the year, the company announced Wednesday. The increase reflected ...
JAPAN'S NAMCO EXPECTS US$55.4 MLN GROUP LOSS ON SOFTWARE WOES.
Mar 01, 2001 ... TOKYO, Mar 1 Asia Pulse - Namco Ltd. (TSE: 9752) announced Wednesday it expects a group net loss of 6.5 billion yen (US$55.4 million) for the year through March 2001, much larger than the 2.1 billion yen loss predicted earlier, on sluggish sales of home video-game software. The ...
AUSTRALIA'S HIH INSURANCE CONTINUES SHARES SUSPENSION.
Mar 01, 2001 ... SYDNEY, March 1 Asia Pulse - Australian insurer HIH Insurance Ltd (ASX:HIH) has said that its shares will continue to be suspended pending the release of an announcement. "A comprehensive statement on the company's financial position will not be available until all of the ...
AFFORDABLE MODELS DRIVE JAPAN'S UNIX-BASED SERVER SHIPMENTS IN 2000.
Mar 01, 2001 ... TOKYO, Mar 1 Asia Pulse - Domestic shipments of Unix-based servers rose 49.5 per cent to 54,466 units in 2000 amid strong demand, while shipments of other servers climbed 31.8 per cent to 315,792 units, a survey by GartnerGroup Japan KK revealed Wednesday. As server prices fall ...
JAPAN'S SUMITOMO ELEC SUES FURUKAWA OVER WDM TECHNOLOGY IN US.
Mar 01, 2001 ... OSAKA, Mar 1 Asia Pulse - Sumitomo Electric Industries Ltd. (TSE: 5802) announced Wednesday that on Feb. 13 it filed a suit with the U.S. district court in Delaware against Furukawa Electric Co. (TSE: 5801) and two of its U.S. subsidiaries for patent infringement. Sumitomo's ...
JAPAN'S NEC TO SUPPLY US CO CRAY WITH SUPERCOMPUTERS ON OEM BASIS.
Mar 01, 2001 ... TOKYO, Mar 1 Asia Pulse - NEC Corp. (TSE: 6701) has reached an agreement with its archrival Cray Inc. to supply supercomputers to the U.S. firm on an OEM basis, the company announced Wednesday. The agreement also includes a marketing alliance and the purchase of US$25 million in ...
INDONESIA SEES NIGERIA AS POTENTIAL TRADE MARKET: MINISTER.
Mar 01, 2001 ... ABUJA, Nigeria, March 1 Asia Pulse - Nigeria with population totalling 115 million people is a potential market for Indonesia's export products, Minister of Industry and Trade Luhut B. Pandjaitan said. Luhut was in Nigeria to sign a memorandum of understanding (MOU) on trade ...
JAPAN'S IKEGAI GOES UNDER WITH US$231.03 MLN IN LIABILITIES.
Mar 01, 2001 ... TOKYO, March 1 Asia Pulse - Celebrated machine tool maker Ikegai Corp. (TSE: 6102) announced Wednesday that it has filed for court protection from creditors under the Civil Rehabilitation Law, leaving liabilities totaling 27.1 billion yen (US$231.03). The firm, founded in the ...
JAPAN'S ITO-YOKADO REDUCES EARNINGS PROJECTIONS TO US$409.2 MLN.
Mar 01, 2001 ... TOKYO, Mar 1 Asia Pulse - Supermarket operator Ito-Yokado Co. (TSE: 8264) has scaled back its earnings projections for the fiscal year ended Feb. 28 and now anticipates a consolidated net profit of 48 billion yen (US$409.2 million), up 0.8 per cent on the year but well short of the ...
FOREX - MAJOR CURRENCIES MIXED VS RINGGIT - MARCH 1, 2001.
Mar 01, 2001 ... KUALA LUMPUR, March 1 Asia Pulse - Major currencies were traded mixed against the ringgit in early session today amid the mixed performance of the U.S. dollar in overseas markets. The greenback gained ground against the Japanese yen in early Tokyo trade but was softer against ...
STOCKS - KUALA LUMPUR SHARES OPEN LOWER - MARCH 1, 2001.
Mar 01, 2001 ... KUALA LUMPUR, March 1 Asia Pulse - Kuala Lumpur shares opened lower today and drifted further south thereafter. A dealer said market interest was poor as investors await the unveiling of the Financial Market Masterplan, due today. He also said construction stocks ...
BANK OF JAPAN TO IMPLEMENT NEW LENDING FACILITY FROM MARCH 16.
Mar 01, 2001 ... TOKYO, March 1 Asia Pulse - The Bank of Japan announced Wednesday it will introduce the new Lombard lending facility on March 16 at its policy board meeting. Under the new system, the central bank will lend money to financial institutions at the official discount rate for one ...
SONY, CTC TIE UP ON SPEEDY IMAGE TRANSFER WEB SYSTEMS.
Mar 01, 2001 ... TOKYO, March 1 Asia Pulse - Sony Corp. (TSE: 6758) and Itochu Techno-Science Corp. (TSE: 4739) (CTC) said Wednesday that they will form a joint venture to construct systems that accommodate high-speed image transfer via the Internet. The unit, to be established April 1, will ...
MCDONALD'S JAPAN POSTS RECORD SALES ON NEW STORE OPENINGS.
Mar 01, 2001 ... TOKYO, Mar 1 Asia Pulse - McDonald's Co. (Japan) Ltd. announced Wednesday parent-only sales growth of 9.3 per cent for the fiscal year ended December to a record-high 431.1 billion yen (US$3.67 billion). Half-price hamburgers on weekdays and the opening of 399 new restaurants ...
JAPAN TOBACCO CHIEF CALLS FOR FULL PRIVATIZATION.
Mar 01, 2001 ... TOKYO, March 1 Asia Pulse - Katsuhiko Honda, president of Japan Tobacco Inc. (TSE: 2914), has called on the government to lower its stake in the local monopoly to give management a freer hand. "In the future, I want the firm to be completely privatized," he said. He was ...
BANK OF JAPAN CUTS RATES AS INDUSTRIAL OUTPUT, STOCKS FALL.
Mar 01, 2001 ... TOKYO, March 1 Asia Pulse - The Bank of Japan's policy board on Wednesday cut the overnight call rate target and official discount rate by 0.1 percentage point to 0.15 per cent and 0.25 per cent, respectively, effective Thursday. The surprise cuts - which come only two weeks ...