AsiaPulse News back issues from May 2001:
OPEN - ASIA PULSE INTERNATIONAL - MAY 1, 2001.
May 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 HIGHER - MAY 1, 2001.
May 01, 2001 ... SYDNEY, May 1 Asia Pulse - The Australian dollar has opened higher, after reports of a suffering manufacturing sector hurt the US dollar overnight. By 0700 AEST the Australian dollar had leapt to $US0.5130/35, from 0.5076/81 at the close of local trading yesterday. ...
AUSTRALIAN NEWSPAPER HIGHLIGHTS - MAY 1, 2001.
May 01, 2001 ... SYDNEY, May 1 Asia Pulse - Highlights of today's newspapers: THE DAILY TELEGRAPH: - A pair of dingoes stalked and fatally mauled a nine-year-old boy and savaged his brother yesterday on Queensland's Fraser Island. - The Government and Labor yesterday ...
INDIA'S MTNL, WORLDTEL TIE UP TO OFFER TELECOM SERVICE IN BANGLADESH.
May 01, 2001 ... $all $in $tel $net $bd $jtv NEW DELHI, May 1 Asia Pulse - State-owned telecom service provider Mahanagar Telephone Nigam (MTNL) has tied up with WorldTel to offer basic telecom services in Bangladesh as part of the corporation's proposed move to diversify into overseas ...
INDIAN FOOTWEAR INSTITUTE FDDI AWARDED ISO 17025 ACCREDITATION.
May 01, 2001 ... NEW DELHI, May 1 Asia Pulse - Germany-based leather research institute PFI today awarded ISO 17025 accreditation to Footwear Design and Development Institute (FDDI) at Noida for providing reliable testing facilities to check the presence of azo-dyes. Azo-dyes along with ...
INDIA CONCERNED AT FALLING DEVELOPMENT AID, NON-TRADE BARRIERS.
May 01, 2001 ... WASHINGTON, May 1 Asia Pulse - Articulating developing nations' concerns yesterday, India cautioned against falling development assistance, especially in the fast globalising world, and denial of market access by continued practice of non-trade barriers. "A number of developing ...
P-CUBE FIRST TO DELIVER IP SERVICE ENGINEERING, EMPOWERING SVC PROVIDERS.
May 01, 2001 ... $all $anr $us $net $com (Full text of a statement. Contact details below.) SUNNYVALE, Calif., April 30 /PRNewswire-AsiaNet/ -- P-Cube Inc., an industry innovator defining IP Service Engineering -- a new approach to broadband networking which turns the Internet into a ...
AUSTRALIAN-JAPANESE TRADE CONFERENCE FOCUSES ON IMPROVING TIES.
May 01, 2001 ... SYDNEY, May 1 Asia Pulse - A conference focusing on trade relations between Australia and Japan wound up in Sydney today, delivering recommendations on economic, regional security and cultural issues to improve ties. It follows reports by both governments at the weekend that ...
UN/CEFACT APPOINTS INDIAN REPRESENTATIVE AS 'RAPPORTEUR FOR ASIA'.
May 01, 2001 ... NEW DELHI, May 1 Asia Pulse - Geneva-based United Nations Centre for Trade Facilitation and Electronic Business (UN/CEFACT) has selected T A Khan, an Indian government official, as its Rapporteur for Asia' for three years. Khan, a senior technical director of National ...
AUSTRALIA'S NOVUS EXPECTS STRONG H1 PROFIT DESPITE REVENUE SLUMP.
May 01, 2001 ... PERTH, May 1 Asia Pulse - Oil and gas group Novus Petroleum Ltd (ASX:NVS) is expecting to post a strong first half profit despite revenue slumping $A9.6 million ($US4.89 million) in the March quarter compared to the previous three-month period. Novus, Australia's fourth largest ...
INDIAN PARLIAMENTARY PANEL URGES CUT TO 16 PCT GARMENT EXCISE.
May 01, 2001 ... NEW DELHI, May 1 Asia Pulse - A parliamentary panel has asked the Indian government to reduce the 16 per cent excise duty on branded ready-made garments "substantially", saying that the move would affect export competitiveness. "This imposition would affect the export ...
US POSITIVE ON FREE TRADE PROPOSAL: AUSTRALIAN TREASURER.
May 01, 2001 ... WASHINGTON, May 1 Asia Pulse - The US government has reacted favourably to Australia's proposal to free-up trade barriers between the two countries, treasurer Peter Costello said. Mr Costello said the proposed free trade agreement was discussed with US president George W Bush's ...
IRAN TO MERGE OIL AND ENERGY MINISTRIES.
May 01, 2001 ... TEHRAN, May 1 Asia Pulse - More than 50 MP's have approved a bill on the merger of the Ministry of Oil with the Ministry of Energy and consolidation of the Ministry of Labor' with the Ministry of Cooperatives, a press report said Monday. The reformist daily Hayat-e No quoted MP ...
INDIA TO SPEED CLEARANCE OF OVERSEAS INVESTMENT FOR PUBLIC COS.
May 01, 2001 ... NEW DELHI, May 1 Asia Pulse - The Indian government will initiate measures to improve financing of exports and evolve a fast-track clearance system of overseas investment for public sector companies to boost trade and investment from India, the junior minister for Commerce and Industry, ...
PAKISTAN ASSURED OF $700 MLN WORLD BANK CREDIT.
May 01, 2001 ... ISLAMABAD, May 1 Pakistan has won assurance of a US$700 million credit from the World Bank for the current year that will be additional to drought relief pledge by the bank. This was revealed after a meeting between Federal Finance Minister Shaukat Aziz with World Bank President ...
PIA, CATHAY PACIFIC RENEW AIRCRAFT LEASE AGREEMENT.
May 01, 2001 ... ISLAMABAD, May 1 Asia Pulse - Pakistan International Airlines (PIA) has signed an agreement for the renewal of a lease contract for five aircraft from Cathay Pacific. PIA will save more than Rs300 million (US$4.97 million) yearly in maintenance and rental cost for five years, says a PIA ...
WORLD BANK LENDS SUPPORT TO PAKISTAN'S US$45 MLN HYDROPOWER PLAN.
May 01, 2001 ... ISLAMABAD, May 1 Asia Pulse - The World Bank is willing to support Pakistan's US$45 billion Water Resources and Hydropower Development programme "Vision-2025." "The World Bank has indicated its willingness to support Wapda's vision-2025 programme," said Munawwar Basir Ahmad, the ...
CEBU'S TOURIST ARRIVALS UP SLIGHTLY IN JAN-FEB 2001.
May 01, 2001 ... CEBU CITY, May 1 Asia Pulse - Tourist arrivals in Cebu grew slightly during the first two months of the year 2001, according to data from the Department of Tourism (DOT) regional office. Total arrivals grew by 12.18 percent, from 132,160 in the same period in 2000 to 148,263 ...
PHILIPPINES PLDT CUTS LONG-DISTANCE DIRECT-DIAL RATES.
May 01, 2001 ... MANILA, May 1 Asia Pulse - Dominant Philippine Long Distance Telephone Company (PLDT) said Monday it will be making substantial reductions to its national long distance direct dial (NDD) rates dropping them to just P3.00 per minute starting May 1, 2001. This single, flat, ...
M1 ANTI-GLOBALISATION PROTESTORS GATHER AT AUSTRALIAN BOURSES.
May 01, 2001 ... SYDNEY, May 1 Asia Pulse - Protestors have gathered outside stock exchanges throughout Australia in a nationwide M1 anti-globalisation protest. About 20 protesters were standing in the early morning dark outside Sydney's Stock Exchange holding banners bearing slogans including ...
TOYOTA AUSTRALIA TO SUPPLY 600 VEHICLES TO AUSTRALIAN DEFENCE.
May 01, 2001 ... ADELAIDE, May 1 Asia Pulse - Toyota Australia will supply 600 vehicles to Australia's defence department this year after winning the right to supply more than 80 per cent of its light commercial vehicles. The company said defence officials had ordered a wide variety of Toyota ...
PHILIPPINES' VALUE OF PRODUCTION INDEX UP BY 6 PCT IN MARCH: NSO.
May 01, 2001 ... MANILA, May 1 Asia Pulse - The value of production index (VaPI) of the manufacturing sector rose by six per cent to 585.3 in February from last year's 552.2. Government data show this was mainly due to increases in 14 out of 16 major sectors, led by wearing apparel and petroleum ...
STOCKS - AUSTRALIAN SHARES OPEN STEADY - MAY 1, 2001.
May 01, 2001 ... SYDNEY, May 1 Asia Pulse - The Australian stock market opened virtually steady today as investors ignored a fall on Wall Street overnight, looking instead to today's Reserve Bank of Australia board meeting. Stocks opened marginally higher but had turned lower by 1021 AEST, with ...
PAKISTAN PRIVATIZATION PLAN FAILS TO ATTRACT INVESTORS.
May 01, 2001 ... KARACHI, May 1 Asia Pulse - A privatization programme unveiled in August last year has failed to attract investors and its success has remained confined to two small transactions. And the latest schedule has assigned a ten-month period (September-June 2002) as the expected peak ...
TAIWAN'S AUTOMAKERS SEEK GOVERNMENT ASSISTANCE.
May 01, 2001 ... TAIPEI, May 1 Asia Pulse - Taiwan's automobile manufacturers asked the Ministry of Economic Affairs (MOEA) Monday to provide effective assistance for them to tide over the pressing difficulties their industry is now facing. They presented their request while meeting with ...
TAIWAN GOVERNMENT WILL IMPROVE EMPLOYMENT PROSPECTS: PREMIER.
May 01, 2001 ... TAIPEI, May 1 Asia Pulse - Taiwan Premier Chang Chun-hsiung said Monday that the government will take effective steps to increase local work opportunities. He made the remarks at a ceremony held under the sponsorship of the Council of Labor Affairs to commend model workers. ...
TAIWAN, KOREAN LAWMAKERS TO PROMOTE RESUMPTION OF DIRECT AIR LINK.
May 01, 2001 ... SEOUL, May 1 Asia Pulse - A group of lawmakers from Taiwan and South Korea agreed Monday to call on their respective governments to resume direct Taipei-Seoul air links for the good of bilateral trade and tourism. The five-member Taiwan delegation, led by legislator Lin ...
NO QUICK CURE FOR TAIWAN'S AILING ECONOMY: ECONOMICS MINISTER.
May 01, 2001 ... TAIPEI, May 1 Asia Pulse - Minister of Economic Affairs Lin Hsin-yi said Monday he has no ready answer for the problems facing the island's economy. Lin made the comment after being bombarded with questions from lawmakers at the Legislative Yuan about the surging unemployment. ...
FOREIGN BUYERS ON THE INCREASE AT TAIPEI ELECTRONICS SHOW.
May 01, 2001 ... TAIPEI, May 1 Asia Pulse - China External Trade Development Council (CETRA) officials noted Monday that the number of foreign buyers attending the five-day Taipei International Electronics Spring Show has increased over previous years. CETRA officials said that during the show, ...
TAIWAN LABOR AND TRADE UNIONS TO LAUNCH LARGEST-EVER RALLY MAY 1.
May 01, 2001 ... TAIPEI, May 1 Asia Pulse - Two leading domestic labor and trade union groups are scheduled to launch the largest-ever Labor Day rally in Taiwan today, taking the plight of local workers to the streets, labor sources said Monday. More than 10,000 blue-collar workers are expected ...
ANACONDA REPORTS W. AUSTRALIAN OPERATIONS REACH 70 PCT CAPACITY.
May 01, 2001 ... SYDNEY, May 1 Asia Pulse - Production from Anaconda Nickel Ltd's (ASX:ANL) its Murrin Murrin operation in Western Australia reached 70 per cent of design capacity in the March quarter, the company said today. Anaconda said production for the March quarter was 5,714 tonnes of ...
PHILIPPINE SHIPPING FIRMS MUST EVOLVE TO COPE WITH GLOBALISATION.
May 01, 2001 ... CEBU CITY, May 1 Asia Pulse - Domestic shipping firms need to institute internal changes to prepare for the challenges brought about by globalization, according to a shipping executive. "We are entering globalization. We are now down to two choices -- either we change or we ...
MAN GROUP ACQUIRES AUSTRALIAN BROKERAGE FIRM ORD MINNETT.
May 01, 2001 ... SYDNEY, May 1 Asia Pulse - Ord Minnett Jardine Fleming Futures Ltd, one of Australia's largest futures broking firms, has been acquired by the Man Group plc. "The acquisition by Man provides the perfect platform for us to expand our business further," Tony Fay head of futures at ...
SHERRITT INTERNATIONAL POSTS NET EARNINGS OF $22.3 MLN.
May 01, 2001 ... (Full text of this release can be found at http://www.asianet.com.au) TORONTO, April 30 /CNW-AsiaNet/ - Sherritt International Corporation today announced net earnings of $22.3 million or $0.23 per restricted voting share (share) for the first three months of 2001. Consolidated ...
AUSTRALIAN GOVT PLANS TO KEEP BUDGET IN THE BLACK: TREASURER.
May 01, 2001 ... WASHINGTON, May 1 Asia Pulse - Australian treasurer Peter Costello said that the Australian government's strategy remained to deliver a federal budget that was in the black. "We have now delivered four surplus budgets and we want to continue to keep the budget in the black," Mr ...
AUSTRALIA'S HAMILTON ISLAND POSTS 7% FALL IN 9-MONTH PROFIT.
May 01, 2001 ... BRISBANE, May 1 Asia Pulse - Hamilton Island Ltd (ASX:HAM), a resort operator in Queensland's Whitsunday islands, has posted an after tax operating profit of $A8.8 million ($US4.48 million) for the nine months to March 31, 2001, a seven per cent decline on $A9.5 million ($US4.84 million) ...
PHILIPPINE PRESIDENT RELEASES FURTHER US$5.4 MLN UNDER ACEF.
May 01, 2001 ... MANILA, May 1 Asia Pulse - President Gloria Macapagal-Arroyo today ordered the release of an initial P278 million (US$5.4 million) under the P600-million Agricultural Competitiveness Enhancement Fund (ACEF) to finance the purchase of tractors for small farmers to enable them to modernize ...
INDONESIAN HOUSE ISSUES SECOND MEMORANDUM TO PRESIDENT WAHID.
May 01, 2001 ... JAKARTA, May 1 Asia Pulse - The House of Representatives (DPR) has issued a second memorandum of censure to Indonesia's President Abdurrahman Wahid due to his negligence over the first memorandum issued on February 1, 2001. The final draft of the second memorandum that faction ...
SUGAR PRICE FALLS IN PAKISTAN.
May 01, 2001 ... KARACHI, May 1 Asia Pulse - A slump in the domestic market has pushed down prices of white refined crystal sugar by Rs4,000 (US$65.57) per tonne during the week. The main factors behind the current declining trend in the market were the lack of demand and oversupply, sugar ...
BOUNCING CHECKS ON THE INCREASE IN TAIWAN: CENTRAL BANK.
May 01, 2001 ... TAIPEI, May 1 Asia Pulse - The number of returned checks due to insufficient funds reached 0.52 percent of all checks drawn in March, with their value accounting for some 0.42 percent of the value of all checks during the same month, according to statistics compiled by the Central Bank of ...
INDONESIA'S IBRA SET TO ANNOUNCE BANK MERGER ARRANGEMENTS.
May 01, 2001 ... JAKARTA, May 1 Asia Pulse - The Indonesian Bank Restructuring Agency (IBRA) will soon announce arrangements for bank mergers it is considering as part of its efforts to empower the country's ailing banking sector. "The bank-merger scenarios will be announced in the near ...
TAIWAN TO INSTALL ELECTRONIC TOLL STATIONS ON FREEWAYS.
May 01, 2001 ... TAIPEI, May 1 Asia Pulse - Officials of the Ministry of Transportation and Communication (MOTC) signed an agreement with Chunghwa Telecom Monday to install electronic toll stations on Taiwan's freeways. MOTC officials announced that the electronic toll stations are scheduled to ...
INDONESIA PLANS TO PROPOSE QUOTA SYSTEM AT WORLD COFFEE MEETING.
May 01, 2001 ... BANDAR LAMPUNG, May 1 Asia Pulse - Indonesia will propose the adoption of a production quota system at a meeting of world coffee producers in London next month in a bid to improve the world's coffee prices. Nuril Hakim, deputy chairman of the Association of Indonesian Coffee ...
MEDICAL IMAGING AUSTRLASIA ACQUIRES 75 PCT OF UK-BASED LODESTONE.
May 01, 2001 ... SYDNEY, May 1 Asia Pulse - Medial Imaging Australasia Ltd (MIA) (ASX:MIA) has completed its 75 per cent acquisition of UK based Lodestone Patient Care Ltd, the company said today. Consideration was Stg10.3 million (US$14.9 million) cash and loan notes and 1,575,170 MIA shares ...
MALAYSIA'S APL INDUSTRIES TO DISPOSE OF VICTORY PACKAGING.
May 01, 2001 ... KUALA LUMPUR, May 1 Asia Pulse - Glovemaker APL Industries Berhad (KLSE:APLI) has announced that its wholly-owned subsidiary, Red Box (Malaysia) Sdn Bhd (KLSE:REDB), entered into a Sale and Purchase Agreement with Kotak Malaysia Holdings Sdn Bhd on 30 April 2001 to dispose off the entire ...
PHILIPPINES PESCANOVA EYES COLD STORAGE FACILITY IN FREEPORT.
May 01, 2001 ... SUBIC BAY FREEPORT, May 1 Asia Pulse - The Freeport will soon become a very important factor in developing the country's capa- bility to contribute to the growing global demand for fresh food products. Pescanova Inc., Filipino-owned corportion engaged in processing and import ...
PRIME MINISTER KOIZUMI CAUTIOUS ABOUT HIS SKY-HIGH POPULARITY.
May 01, 2001 ... TOKYO, May 1 Asia Pulse - Newly elected Prime Minister Junichiro Koizumi is taking his current widespread public support with a grain of salt. "I am truly pleased, but it won't go any higher than this, so from here on it will only fall," Koizumi said Monday. His cabinet ...
JAPANESE STEEL EXPORTS DROP 4.1% IN FY2000.
May 01, 2001 ... TOKYO, May 1 Asia Pulse - Steel exports fell 4.1 per cent on the year to 28.43 million tons for fiscal 2000, the first year-on-year decline in four years, the Japan Iron and Steel Federation reported Friday. The drop is attributed largely to reduced shipments of semi-processed ...
JAPANESE MORNING NEWSPAPER HIGHLIGHTS - MAY 1, 2001.
May 01, 2001 ... TOKYO, May 1 Asia Pulse - Highlights of the morning edition of the Nihon Keizai Shimbun (Nikkei) today: - Govt Panel To Propose Bolstering Service Sector To Create 5mn Jobs - IYBank To Offer Free ATM Use At Weekends, Holidays - Koizumi Cautious About His ...
JAPAN'S ORIX POSTS RECORD NET PROFIT ON MEASURING TOOLS, AUTOS.
May 01, 2001 ... TOKYO, May 1 Asia Pulse - Top general Leasing firm Orix Corp. (TSE:8591) said Friday it notched its fourth straight year of record group net profit for the term ended March, posting an 11 per cent increase to 34.2 billion yen (US$276.84 million). Strong domestic operations ...
HONDA PROJECTS 5 PCT RISE IN JAPANESE, U.S. SALES IN FY01.
May 01, 2001 ... TOKYO, May 1 Asia Pulse - Honda Motor Co. (TSE:7267) expects its global auto sales will rise 5 per cent to 2.71 million units in the year through March 2002, the automaker said Friday. In particular, domestic sales are likely to grow 7 per cent to a record 830,000 units, while U.S. sales ...
BOJ GOV HAYAMI PLANS TO RESIGN; FUKUI POSSIBLE SUCCESSOR.
May 01, 2001 ... TOKYO, May 1 Asia Pulse - Bank of Japan Governor Masaru Hayami has decided to resign as early as this May, well ahead of the expiration of his term in March 2003, The Nihon Keizai Shimbun learned Friday. Toshihiko Fukui, a former deputy governor of the BOJ, appears to be the ...
JAPAN'S NOMURA SEC TO SET UP UNIT TO PREPARE FOR HOLDING COMPANY.
May 01, 2001 ... TOKYO, May 1 Asia Pulse - Nomura Securities Co. (TSE:8604), planning to convert to a holding company structure in October, announced Friday it will set up in early May a subsidiary to which it will transfer its current operations by taking advantage of a new legal framework designed to ...
asia.
May 01, 2001 ... TOKYO, May 1 Asia Pulse - The nation's five major electronics manufacturers plan to reduce group capital spending by 10.4% on the year to a combined 1.77 trillion yen (US$14.3 billion) this fiscal year. Most of the reduction will come from chip-related investment due to a weak ...
JAPAN'S HONDA EXPECTS GROUP NET PROFIT TO SURGE 36 PCT.
May 01, 2001 ... TOKYO, May 1 Asia Pulse - Honda Motor Co. (7267) said Friday that it expects consolidated net profit to surge 36 per cent from a year earlier to 315 billion yen (US$2.56 billion) in the year through March 2002, showing a strong turnaround from the 11 per cent fall in group net profit to ...
JAPAN'S 5 ELECTRONICS MAJORS TO CUT CAPITAL SPENDING BY 10.4%.
May 01, 2001 ... TOKYO, May 1 Asia Pulse - The nation's five major electronics manufacturers plan to reduce group capital spending by 10.4% on the year to a combined 1.77 trillion yen (US$14.3 billion) this fiscal year. Most of the reduction will come from chip-related investment due to a weak ...
JAPAN'S DAIWA BANK STEPS UP RESTRUCTURING EFFORTS.
May 01, 2001 ... TOKYO, May 1 Asia Pulse - Daiwa Bank (TSE:8319) has announced new plans released Friday that it will expand the scope and pace of its restructuring efforts. In the next two years, the bank will trim its work force by a total of about 1,000 employees, 300 more than its previous ...
JAPAN'S BROKERAGES SEE PROFITS DROP IN FY 2000.
May 01, 2001 ... TOKYO, May 1 Asia Pulse - The nation's 20 listed brokerages, which in fiscal 1999 racked up their highest profits since the end of the bubble economy, saw their pretax profits drop in fiscal 2000 due to a shrinking investment appetite and lower commissions. Earnings were ...
NIKKEI WEEKLY HIGHLIGHTS - MAY 1, 2001.
May 01, 2001 ... TOKYO, May 1 Asia Pulse - Major headlines from the May 1 issue of the Nikkei Weekly: FRONT: - New prime minister faces race against time - Koizumi ruffles old-line feathers - Hayami thought to be on verge of resigning as BOJ chief - ...
INDONESIAN NEWSPAPER HIGHLIGHTS - MAY 1, 2001.
May 01, 2001 ... JAKARTA, May 1 Asia Pulse - Highlights of today's newspapers: THE JAKARTA POST - The House of Representatives voted overwhelmingly on Monday to issue a second memorandum of censure against President Wahid, bringing him closer to the brink of impeachment. - ...
JAPANESE GOVT TO TELL MINISTRIES TO STEP UP PLANS TO GO ONLINE.
May 01, 2001 ... TOKYO, May 1 Asia Pulse - The Ministry of Public Management, Home Affairs, Posts and Telecommunications intends to urge all government ministries and agencies to put more of their administrative business online by fiscal 2002. The plans are part of an effort to create an ...
JAPAN'S SOGO KEIBI TO BEGIN ELECTRONIC CERTIFICATION SERVICE IN JULY.
May 01, 2001 ... TOKYO, May 1 Asia Pulse - Sogo Keibi Hosho Co. plans in July to begin offering an electronic certification service that will issue online identification. The security company has joined forces with Baltimore Technologies Japan Co., which has the relevant technology, to provide ...
JAPAN'S 5 ELECTRICAL MACHINERY MAKERS POST HIGHER OP PROFITS.
May 01, 2001 ... TOKYO, May 1 Asia Pulse - Five major electrical machinery manufacturers all chalked up stronger group operating profits in the term ended March 31, on robust sales of personal computers/cell phones and favorable microchip prices. Hitachi Ltd. (TSE:6501), Toshiba Corp ....
JAPANESE MINISTRY TO EXAMINE ENERGY-SAVING EFFORTS AT LARGE PLANTS.
May 01, 2001 ... $all $jp $enr utl $pol TOKYO, May 1 Asia Pulse - The Ministry of Economy, Trade and Industry (METI) plans to conduct a survey to assess energy conservation efforts at large-scale plants, and will issue administrative directives to operators that do not meet legal standards, ...
TAIWAN, U.S. SHARE COMMON INTEREST IN ASIA-PACIFIC PEACE: MOFA.
May 01, 2001 ... TAIPEI, May 1 Asia Pulse - The Ministry of Foreign Affairs (MOFA) said Monday that peace in the Taiwan Strait is not only crucial to the Taiwan's well-being but also complies with its common interests with the United States. MOFA spokeswoman Chang Siao-yue made the remarks in ...