AsiaPulse News back issues from August 2002:
OPEN - ASIA PULSE INTERNATIONAL - AUGUST 1, 2002.
Aug 01, 2002 ... Good Morning. This is the Asia Pulse International service of business intelligence, news, tenders and expert commentary on the economics of Asia provided by Asia Pulse Pte Ltd (Asia Pulse). Asia Pulse reserves all rights including copyright in relation to sevices ...
FOREX - AUSTRALIAN DOLLAR OPENS WEAKER - AUG 1, 2002.
Aug 01, 2002 ... SYDNEY, Aug 1 Asia Pulse - The Australian dollar opened weaker as major currencies took centre stage overnight, although dealers said there is further upside to be gained. At 0700 AEST, the Australian dollar bought US$0.5431/36 from US$0.5470/75 at yesterday's close. ...
AUSTRALIAN NEWSPAPER HIGHLIGHTS - AUG 1, 2002.
Aug 01, 2002 ... SYDNEY, Aug 1 Asia Pulse - Highlights of today's newspapers: THE DAILY TELEGRAPH: - Whales frolic in Sydney Harbour, delighting hundreds of onlookers. - Australian wool sales fall 17 per cent in the past year; Australians spent a record $14.6 billion in ...
AUSTRALIA'S AMP STILL STRONG DESPITE RATINGS DOWNGRADE: S&P.
Aug 01, 2002 ... SYDNEY, Aug 1 Asia Pulse - Financial services group AMP Ltd (ASX:AMP) was still in a strong financial position despite copping a ratings downgrade, ratings agency Standard & Poor's said yesterday. On Monday, AMP warned it could struggle to meet its 10 per cent growth target for ...
AIRLINES COULD OPERATE OUT OF FORMER ANSETT TERMINAL BY SEPT.
Aug 01, 2002 ... SYDNEY, Aug 1 Asia Pulse - Airlines including discount carrier Virgin Blue could be operating out of the former Ansett terminal at Sydney Airport by September, the airport's owners say. Sydney Airport Corporation Limited (SACL) said it had started talks with a number of carriers ...
AUSTRALIA'S GENERAL PROPERTY TRUST DECLARES H1 DIVIDEND.
Aug 01, 2002 ... SYDNEY, Aug 1 Asia Pulse - General Property Trust today reported a distribution of 10.1 cents per share for the six months to June 30, 2002. It said this reflected the continuing positive trend in the Trust's underlying earnings and distributions. GPT said the ...
TELSTRA LIFTED ITS GAME IN COUNTRY AREA IN RECENT YEARS: CEO.
Aug 01, 2002 ... CANBERRA, Aug 1 Asia Pulse - Telstra Corporation Ltd (ASX:TLS) had significantly lifted its game in country areas in recent years, chief executive Ziggy Switkowski said today. Telstra's board is meeting in Alice Springs for the Year of the Outback. Dr Switkowski said ...
AUSTRALIA'S AWB EXPECTING BELOW AVERAGE WHEAT HARVEST IN 02/03.
Aug 01, 2002 ... SYDNEY, Aug 1 Asia Pulse - AWB Ltd (ASX:AWB) said it expected a below average wheat harvest of 18 to 20 million tonnes in the 2002/03 financial year. The national wheat exporter said winter crop planting was impacted by prolonged dry conditions in Queensland, New South ...
OPTUS & TELSTRA TO INTRODUCE MULTIMEDIA MESSAGING SERVICES.
Aug 01, 2002 ... SYDNEY, Aug 1 Asia Pulse - Optus will next month launch a new mobile multimedia messaging service (MMS) aimed at helping it quadruple the revenue impact of data messaging by 2005. Optus' main rival Telstra Corp Ltd (ASX:TLS) also announced plans to introduce the latest ...
AUSTRALIA'S HERITAGE BUILDING SOCIETY POSTS 29% RISE IN PROFIT.
Aug 01, 2002 ... BRISBANE, Aug 1 Asia Pulse - Queensland's largest building society Heritage Building Society booked a 29 per cent jump in net profit for 2001/02 and is confident it will keep growing and attracting members. The Toowoomba-based Heritage also said its loans under management grew ...
WESTERN AUSTRALIA'S WEST ANGELAS PROJECT WINS SIX CONTRACTS.
Aug 01, 2002 ... MELBOURNE, Aug 1 Asia Pulse - The Rio Tinto Ltd-backed West Angelas iron ore project in Western Australia has reached a key milestone, with six major customers signing off on long-term sales contracts. Robe River Iron Associates, the joint venture company overseeing the A$852 ...
ANALYSTS WARN BHP & RIO TINTO OF RISKS FROM SA NATIONALISATION.
Aug 01, 2002 ... MELBOURNE, Aug 1 Asia Pulse - Analysts have warned of BHP Billiton (ASX:BHP) and Rio Tinto's increased political risk profile amid details of a radical South African plan suggesting the part nationalisation of the country's mining assets. Documents leaked in South Africa last ...
CHINA'S WEST-EAST GAS PROJECT TO BOOST CHEMICAL INDUSTRY.
Aug 01, 2002 ... BEIJING, Aug 1 Asia Pulse East China will enjoy high quality natural gas at a price of 1.29 yuan (16 US cents) per cubic meter next year after the west-east gas transmission project goes into operation, according to experts from the State Development Planning Commission. This is ...
AUSTRALIA'S MACARTHUR COAL HOPING TO BECOME THREE MINE COMPANY.
Aug 01, 2002 ... BRISBANE, Aug 1 Asia Pulse - Junior miner Macarthur Coal Ltd (ASX:MCC) is hoping to become a three mine company before long. Managing director Ken Talbot said last night that growth for Macarthur - which is currently mining its 50 per cent owned Coppabella pit in Queensland - ...
AUSTRALIAN BUILDING SOCIETY IMB POSTS RECORD 2001-02 PROFIT.
Aug 01, 2002 ... SYDNEY, Aug 1 Asia Pulse - Australian building society IMB Ltd, has announced record profits and asset growth but said it had no plans for demutualisation or a listing on the Australian Stock Exchange. IMB recorded a net profit of $A10.5 million ($US5.69 million) for 2001/02, up ...
AUSTRALIA'S GRAINCORP IN JOINT BID TO BUY GOODMAN FIELDER ASSETS.
Aug 01, 2002 ... MELBOURNE, Aug 1 Asia Pulse - Bulk commodities handler GrainCorp Ltd (ASX:GNC) showed its hand today with a joint bid to buy the Australian milling assets of the nation's largest food company, Goodman Fielder Ltd. GrainCorp has teamed up with the Australian subsidiary of US ...
INSURANCE AUSTRALIA GROUP EXPECTING US$8-21 MLN FY LOSS.
Aug 01, 2002 ... MELBOURNE, Aug 1 Asia Pulse - Insurance Australia Group (IAG) (ASX:IAG) yesterday warned that it expected to record a full year loss of between A$15 million (US$8.12 million) to A$40 million (US$21.66 million) because of the "worst performance" from investment markets in 14 years. ...
UNOTEL FORMS PARTNERSHIP WITH MICROS-FIDELIO ASIA PACIFIC.
Aug 01, 2002 ... (Full text of a statement. Contact details below.) COLUMBIA, Md., July 31 /PRNewswire-FirstCall-AsiaNet/ -- MICROS-Fidelio Asia Pacific, a subsidiary of MICROS Systems, Inc. (Nasdaq: MCRS), a leading provider of information technology solutions for the hospitality industry, and ...
ANGLOGOLD SLASHES HEDGE BOOK AS GOLD PRICE OUTLOOK IMPROVES.
Aug 01, 2002 ... PERTH, Aug 1 Asia Pulse - South African gold miner AngloGold Ltd (ASX:AGG) has again slashed its hedge book as the medium and long-term prospects for the gold price improve. AngloGold reduced its hedge book by 2.4 million ounces in the June quarter to 10.5 million ounces, which ...
AUSTRALIA'S SPINIFEX GOLD TO BOOST ACTIVITY IN TANZANIA PROJECTS.
Aug 01, 2002 ... PERTH, Aug 1 Asia Pulse - Spinifex Gold (ASX:SPX) yesterday said it will lift the level of activity in its three Tanzanian gold projects. The Perth-based explorer, which is listed on the Australian and German stock exchanges, said its expansion plans were prompted by brighter ...
BANKS TO SUPPORT AUSTRALIAN FARMERS THROUGH DROUGHT: MINISTER.
Aug 01, 2002 ... BRISBANE, Aug 1 Asia Pulse - Major banks said they were willing to continue to support farmers through the current drought, Queensland Primary Industries Minister Henry Palaszczuk said. Mr Palaszczuk said he had met representatives of the major rural lenders today to discuss the ...
STOCKS - AUSTRALIAN SHARES OPEN WEAKER - AUG 1, 2002.
Aug 01, 2002 ... BRISBANE, Aug 1 Asia Pulse - The Australian share market opened slightly weaker, with banking stocks and News Corp failing to prop up the broad market index, despite a better night on Wall Street. The benchmark S&P/ASX 200 index opened 3.2 points or 0.1 per cent weaker at ...
PAKISTAN NEWSPAPER HIGHLIGHTS - AUG 1, 2002.
Aug 01, 2002 ... ISLAMABAD, Aug 1 Asia Pulse - Highlights of today's newspapers: DAWN: - India rejects Association of Southeast Asian Nations (Asean) talks call. - British news anti-terror law suffers setback. - Delhi flayed for remarks against Musharraf. ...
AUSTRALIA'S PASMINCO SMELTERS POST STRONG JUNE QUARTER RESULTS.
Aug 01, 2002 ... PERTH, Aug 1 Asia Pulse - Pasminco's (ASX:PAS) Port Pirie and Hobart smelters have posted strong June quarter results as the company's creditors prepare to vote on a proposed restructure and Australian Stock Exchange relisting. Pasminco said its Hobart and Port Pirie smelters ...
TEN INVESTORS SHOW INTEREST IN BUYING PAKISTAN STATE OIL STAKES.
Aug 01, 2002 ... ISLAMABAD, Aug 1 Asia Pulse - Pakistan's Minister for Privatisation Altaf Salim said he is satisfied with the investors who have submitted expressions of interest for stakes in Pakistan State Oil. At least 10 investors have shown an interest in buying stakes, of which six have ...
WORLD BANK TO CONTINUE SUPPORT FOR PAKISTAN'S REFORMS.
Aug 01, 2002 ... ISLAMABAD, Aug 1 Asia Pulse - The World Bank will continue to support Pakistan in energy sector, financial and infrastructure reforms over the medium term through policy level services as well as financial assistance. The International Finance Corporation (IFC) will support the ...
KOREAN GOVT URGED TO ALLOW STARTUPS ACCESS TO R&D FUNDS.
Aug 01, 2002 ... SEOUL, Aug 1 Asia Pulse - Investor confidence in venture startups has collapsed so rapidly since the outbreak of a series of scandals involving venture businesspeople that newcomers are having difficulties getting funds for new businesses. The falling New Economy, which has ...
ADB TO PROVIDE US$150 MLN DEVELOPMENT OF ROADS IN BALOCHISTAN.
Aug 01, 2002 ... ISLAMABAD, Aug 1 Asia Pulse - The Asian Development Bank will give approximately US$150 million to the Balochistan Road Development Sector Project during 2003. An initial technical assistance grant of US$0.5 million has already been approved. This technical assistance will ...
KOREAN NEWSPAPER HIGHLIGHTS - AUG 1, 2002.
Aug 01, 2002 ... SEOUL, Aug 1 Asia Pulse - Highlights of today's newspapers: DONG-A ILBO - Parliamentary veto of PM-designate Chang Sang likely to spur `lame duck' President Kim DJ - U.S., N.K. agree to resume dialogue at bilateral meeting of annual ARF conference in ...
KOREA'S FSS UNCOVERS ILLEGAL CREDIT CARD PRACTICES.
Aug 01, 2002 ... SEOUL, Aug 1 Asia Pulse - The Financial Supervisory Service (FSS) today said it had cracked down on 121 companies for illegal activities involving the issuing of credit cards and payment of overdue loans. The FSS last month investigated and found illegal practices carried out ...
TAIWAN'S INT'L BALANCE OF ACCOUNTS REGISTERS RECORD SURPLUS.
Aug 01, 2002 ... TAIPEI, Aug 1 Asia Pulse - Taiwan's international balance of accounts registered a surplus of US$16.8 billion for the second quarter of this year, setting a record high for a single quarter, according to statistics released by the Central Bank of China. CBC officials said that ...
PRIVATIZATION PLAN FOR KOREA POWER ENGINEERING SUSPENDED.
Aug 01, 2002 ... SEOUL, Aug 1 Asia Pulse - Privatization plans for Korea Power Engineering Co., an affiliate of Korea Electric Power Corp. (KEPCO) that was to be privatized along with other KEPCO affiliates, have been suspended indefinitely. The Ministry of Commerce, Industry and Energy and the ...
TAIWAN, US SIGN FISHERY COOPERATION MEMORANDUM.
Aug 01, 2002 ... TAIPEI, Aug 1 Asia Pulse - Taiwan and the United States on Tuesday signed a fishery cooperation memorandum, demonstrating that the two countries will upgrade the level of their fishery exchanges and have closer cooperation on international fishery resources protection and management ...
TAIWAN TRADE CENTER OPENS IN TORONTO.
Aug 01, 2002 ... Toronto, Aug 1 Asia Pulse - The Taiwan Trade Center in Toronto opened Tuesday with a ceremony presided over by Sheu Ke-sheng, vice chairman of the China External Trade Development Council. Sheu noted that Taiwan is Canada's ninth-largest trade partner and its fourth-largest ...
PAKISTAN'S EXPORTS TO SAUDI ARABIA UP 21% IN JULY-MAY, 2001/02.
Aug 01, 2002 ... KARACHI, Aug 1 Asia Pulse - Pakistan's total exports to Saudi Arabia reached US$293 million during July-May 2001-2002, showing a growth of 21 per cent over the US$52 million in the same period in the prior year. According to the Export Promotion Bureau (EPB), this increase is 52 ...
STOCKS - SEOUL SHARES OPEN WEAKER - AUG 1, 2002.
Aug 01, 2002 ... SEOUL, Aug 1 Asia Pulse - Seoul stocks stayed weak Thursday despite stabilizing U.S. markets. The Korea Composite Stock Price Index (KOSPI) stood at 714.29 as of 9:30 a.m., down 3.70 points or 0.51 per cent from Wednesday's close. Trading was weak with volume ...
TAIWAN'S HON HAI PLANS TO SET UP TFT-LCD PLANT IN HSINCHU.
Aug 01, 2002 ... HSINCHU, Aug 1 Asia Pulse - Electronics giant Hon Hai Precision Industry (TSE:2317) has submitted an application to the Hsinchu Science-based Industrial Park Administration for an eight-hectare site to build a TFT-LCD (thin-film-transistor liquid-crystal display) factory, a spokesman for ...
JAPANESE ENCEPHALITIS MOSQUITOES SPREADING THROUGH KOREA.
Aug 01, 2002 ... SEOUL, Aug 1 Asia Pulse - The National Institute of Health (NIH) today said the number of mosquitoes carrying Japanese encephalitis, which had remained steady until June, has been rising sharply since early last month. The NIH, which has been testing mosquitoes twice a week from ...
JAPANESE MORNING NEWSPAPER HIGHLIGHTS - AUG 1, 2002.
Aug 01, 2002 ... TOKYO, Aug 1 Asia Pulse - Highlights of the morning edition of the Nihon Keizai Shimbun (Nikkei) today: - Telecom Council Proposes Halving NTT Interconnection Fee - FSA Mulls Permanent Protection Of Demand Deposits - Dai Nippon To Buy Color Filter Affiliate ...
CHAEBOLS ASKED TO SUBMIT MORE DATA ON INTER-SUBSIDIARY DEALS.
Aug 01, 2002 ... SEOUL, Aug 1 Asia Pulse - The Fair Trade Commission (FTC) today said it has asked the nation's six biggest business groups to present documents of all kinds by Saturday, so they can expand their investigation into alleged dealings among chaebol subsidiaries. The FTC has already ...
JAPAN'S SKYNETASIA LAUNCHES MIYAZAKI-HANEDA FLIGHTS.
Aug 01, 2002 ... TOKYO, Aug 1 Asia Pulse - SkynetAsia Airways Co. will offer flights between Miyazaki Prefecture and the Tokyo International Airport at Haneda today, making it the third new airline to provide services to and from Haneda after Skymark Airlines Co. and Hokkaido International Airlines Co ....
INDONESIAN NEWSPAPER HIGHLIGHTS - AUG 1, 2002.
Aug 01, 2002 ... JAKARTA, Aug 1 Asia Pulse - Highlights of today's newspapers: THE JAKARTA POST: - The government said on Wednesday it would purchase a 20 percent stake in PT Kaltim Prima Coal (KPC), dashing the hopes of the East Kalimantan provincial administration to become the ...
JAPAN'S TOHO, PIA TEAM TO SELL RESERVED-SEAT MOVIE TICKETS.
Aug 01, 2002 ... TOKYO, Aug 1 Asia Pulse - Toho Co. (TSE:9602) and Pia Corp. (TSE:4337) on Wednesday announced that starting at the end of this year they will link their seat management systems and sell reserved-seat movie tickets through Ticket Pia outlets nationwide. Until the actual day a ...
INDONESIA'S 2002 STATE BUDGET BEING IMPLEMENTED AS EXPECTED: IMF.
Aug 01, 2002 ... JAKARTA, Aug 1 Asia Pulse - International Monetary Fund (IMF) deputy director for the Asia Pacific Daniel Citrin yesterday said it appeared Indonesia's 2002 State Budget was being implemented as expected. "We are going to assess all its aspects and programs. But what we have ...
INDONESIAN TEXTILE BODY PREDICTS 10 PCT FALL IN ANNUAL EXPORTS.
Aug 01, 2002 ... JAKARTA, Aug 1 Asia Pulse - The Indonesian Textile Association (API) predicted a ten per cent fall in textile and garment exports at US$7.2 billion this year. API executive Indra Ibrahim said the decline could be seen from the fact that textile and garment factories could ...
JAPAN'S MEDICAL SPENDING FELL IN FY2000 DUE TO NURSING INSURANCE.
Aug 01, 2002 ... TOKYO, Aug 1 Asia Pulse - Japanese people spent 30.35 trillion yen in total medical expenses for all of fiscal 2000, a year-on-year decline of 1.9 per cent, the Health Ministry said Wednesday. This marks the first time since the Health Ministry began compiling figures in fiscal ...
VIETNAMESE NEWSPAPER HIGHLIGHTS - AUG 1, 2002.
Aug 01, 2002 ... HANOI, Aug 1 Asia Pulse - Highlights of today's newspapers: QUAN DOI NHAN DAN: - By July 18, the Ministry of Planning and Investment had licensed to 345 foreign direct investment projects with total registered capital of nearly US$594 million, a year-on-year increase ...
MITSUBISHI CORP TO ACQUIRE S AFRICA'S HERNIC FERROCHROME.
Aug 01, 2002 ... TOKYO, Aug 1 Asia Pulse - Mitsubishi Corp. (TSE:8058) plans to take a controlling interest in South African mining company Hernic Ferrochrome (Pty) Ltd. by raising its current 9.35 per cent stake to more than 53 per cent. This marks the first time that a South African natural ...
RENAULT SAMSUNG SALES UP 30.4 PCT IN JULY.
Aug 01, 2002 ... SEOUL, Aug 1 Asia Pulse - Renault Samsung Motors said Thursday that sales of SM5 passenger cars reached 9,223 in July, up 30.4 per cent from a year earlier. ...
BOOM YEAR PREDICTED FOR JAPAN'S DIGITAL CONTENT MARKET.
Aug 01, 2002 ... TOKYO, Aug 1 Asia Pulse - Driven largely by demand for DVD and mobile phone content, the domestic market for music, games and other digital content is expected to be worth 1.88 trillion yen (US$15.68 billion) this year, an increase of 12.1 per cent over last year, the Digital Content ...
JAPAN'S RENOWN TO RECORD NARROWER LOSS FOR FY02 H1.
Aug 01, 2002 ... TOKYO, Aug 1 Asia Pulse - Renown Inc. (TSE:8021) says it will likely record a consolidated operating loss of around 500 million yen (US$4.17 million) for the fiscal half ended Wednesday, narrower than the year-earlier loss of 3 billion yen and the previously predicted loss of 700 million ...
MIRANT CORP. PLANS TO SELL OFF HYUNDAI ENERGY.
Aug 01, 2002 ... SEOUL, Aug 1 Asia Pulse - Mirant Corp., a U.S. energy concern, plans to sell off its stake in Hyundai Energy Co., with four overseas major energy firms showing interest in acquiring the Korean energy firm, industry sources said Thursday. The planned asset sale is aimed at ...
SUMITOMO ELECTRIC TO SHIFT OVERSEAS AUDIT WORK TO KPMG.
Aug 01, 2002 ... TOKYO, Aug 1 Asia Pulse - Sumitomo Electric Industries Ltd. (TSE:5802) is poised to shift most of the auditing work now conducted at its overseas subsidiaries by scandal-ridden Arthur Andersen LLP to KPMG LLP. Sumitomo Electric's decision follows a move by its domestic auditor, ...
NIKKEI BUSINESS INDEX FOR JUNE POSTS 1ST DIP IN 7 MONTHS.
Aug 01, 2002 ... TOKYO, Aug 1 Asia Pulse - The Nikkei Business Index for June released Wednesday by Nihon Keizai Shimbun Inc. edged down 0.1 per cent from the previous month to 97.9 (1995 _ 100) on a preliminary basis, the first decline in seven months. The index is based on four component ...
JAPAN'S FANUC REVISES UP INTERIM GROUP EARNINGS FORECAST.
Aug 01, 2002 ... TOKYO, Aug 1 Asia Pulse - Fanuc Ltd. (TSE:6954) said Wednesday that it expects a consolidated operating profit of 26.8 billion yen (US$223.57 million) for the fiscal half through Sept. 30, down 13 per cent on the year but above the 17.2 billion yen forecast to date. Sales at its ...
STOCKS - MALAYSIAN STOCKS UP IN EARLY TRADE - AUG 1, 2002.
Aug 01, 2002 ... KUALA LUMPUR, Aug 1 Asia Pulse - The Malaysian sharemarket was marginally higher in early trade in the absence of buying interest. The Kuala Lumpur Stock Exchange Composite Index edged up 0.21 points, or 0.03 per cent, at 721.8. ...
FOREX - AUSTRALIAN DOLLAR LOWER AT NOON - AUG 1, 2002.
Aug 01, 2002 ... SYDNEY, Aug 1 Asia Pulse - The Australian dollar was weaker to noon, shedding more than half a US cent as fears about the strength of the US economic recovery weighed down the domestic currency. At 1200 AEST, the Australian dollar bought $US0.5405/10 from 0.5470/75 at ...
JAPAN'S JAN-JUNE SHIPMENTS OF LARGE-SCREEN TVS UP 330 PCT.
Aug 01, 2002 ... TOKYO, Aug 1 Asia Pulse - Domestic shipments of PDP (plasma display panel) televisions in the January-June period jumped 330 per cent from a year earlier to 65,000 units, according to data issued Wednesday by the Japan Electronics and Information Technology Industries Association. ...
STOCKS - AUSTRALIAN STOCKS WEAKER AT NOON - AUG 1, 2002.
Aug 01, 2002 ... SYDNEY, Aug 1 Asia Pulse - The Australian share market continued to lose ground at noon, despite stronger trading in the US overnight. The market was weakened by media and resource stocks but propped up by a strong banking sector. The benchmark S&P/ASX 200 index fell ...
HONG KONG NEWSPAPER HIGHLIGHTS - AUGUST 1, 2002.
Aug 01, 2002 ... HONG KONG, Aug 1 Asia Pulse - Highlights of today's newspapers: THE SOUTH CHINA MORNING POST - IBM has struck a US$3.5 billion deal to acquire the global business consulting arm of accountancy firm PricewaterhouseCoopers, creating the world's dominant professional ...
THAI NEWSPAPER HIGHLIGHTS - AUG 1, 2002.
Aug 01, 2002 ... BANGKOK, Aug 1 Asia Pulse - Highlights of today's newspapers: THE BANGKOK POST - Thai Airways International's stalled partial privatisation is now moving ahead with the final blessing given yesterday by the State Enterprise Policy Committee. - The State ...
CHINESE NEWSPAPER HIGHLIGHTS - AUG 1, 2002.
Aug 01, 2002 ... BEIJING, Aug 1 Asia Pulse - Highlights of today's newspapers: PEOPLE'S DAILY - A grand reception was held Wednesday to mark the 75th founding anniversary of the Chinese People's Liberation Army (PLA) in the magnificent Great Hall of the People, with attendance of top ...
MALAYSIAN NEWSPAPER HIGHLIGHTS - AUG 1, 2002.
Aug 01, 2002 ... KUALA LUMPUR, Aug 1 Asia Pulse - Highlights of today's newspapers: THE STAR - Tenaga Nasional Bhd (TNB) has struck an agreement with Petroliam Nasional Bhd (Petronas) and independent power producers (IPPs) to share the increased cost of electricity generation owing ...
FIBER-BASED NET SERVICE SEES RECORD GROWTH IN JAPAN IN JUNE.
Aug 01, 2002 ... TOKYO, Aug 1 Asia Pulse - The number of subscribers to the so-called fiber-to-the-home (FTTH) Internet connection service in June surged 34.7 per cent from the previous month to 68,600 lines, a record net increase of some 17,700 lines, the Ministry of Public Management, Home Affairs, Posts ...
SAMSUNG HEAVY CLINCHES ORDER FOR EIGHT CONTAINER SHIPS.
Aug 01, 2002 ... SEOUL, Aug 1 Asia Pulse - Samsung Heavy Industries said Thursday it recently secured an order for eight container ships each with 5,500 TEU capacity from the biggest shipping firm in France, CMA.CGM. The order is worth US$420 million, the shipyard said. The company ...