AsiaPulse News back issues from January 2003:
PAKISTAN NEWSPAPER HIGHLIGHTS - JAN 1, 2003.
Jan 01, 2003 ... ISLAMABAD, Jan 2 Asia Pulse - Highlights of yesterday's newspapers: DAWN: - Senate polls to be held on February 4 - Army can face any threat: Musharraf - US-Pakistan security symposium on January 10 - Drought claims 24 lives in a ...
BUSINESS WIRE ASIAN BRIEFING - JAN 1, 2003.
Jan 01, 2003 ... A summary of Asian news releases for January 1, 2003, compiled by AsiaWire (http://www.asiawire.info), Asia Pacific Regional Reciprocal Office of Business Wire (http://www.businesswire.com), the global leader in news distribution. For full details of any release, please follow the link. ...
STOCKS - YEAR 2002 CLOSES ON A CAUTIOUSLY OPTIMISTIC NOTE - DE.
Jan 01, 2003 ... STOCKS - YEAR 2002 CLOSES ON A CAUTIOUSLY OPTIMISTIC NOTE - DEC 31, 2002 $all $in $stx pticloser MUMBAI, Dec 31 Asia Pulse - Year 2002 closed on a cautiously optimistic note with select shares registering modest gains in lacklustre trading on the Bombay Stock Exchange (BSE) today even ...
BRIEFING - ASIA FOREX - JAN 2, 2003.
Jan 02, 2003 ... An executive briefing on Forex for Jan 2, 2003, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities. FOREX - US$ ENDS HIGHER AGAINST NEW TAIWAN DOLLAR - JAN 2, 2003 ...
PROSECUTION TAKES PART OF EX-KOREAN PRESIDENT ROH'S SLUSH FUNDS.
Jan 02, 2003 ... SEOUL, Jan 2 Asia Pulse - The prosecution has impounded 176 million won (US$148,292) from secret bank accounts of former President Roh Tae-woo and put it into state coffers, officials said Thursday. The money is part of Roh's slush funds valued at 24.8 billion won the ...
STOCKS - JAKARTA SHARES END LOWER - JAN 2, 2003.
Jan 02, 2003 ... JAKARTA, Jan 2 Asia Pulse - Jakarta share prices closed 4.50 per cent lower today after the Indonesian Govt announced new prices of fuel, electricity and LPG, dealers said. The Jakarta Stock Exchange composite ...
SHARES IN AUSTRALIA'S PEPTECH UP 54% AFTER PARTNER GETS FDA NOD.
Jan 02, 2003 ... SYDNEY, Jan 2 Asia Pulse - Shares in biotech Peptech Ltd (ASX:PTD) catapulted 54 per cent higher today, after a key licensing partner secured United States patent approval for a new arthritis treatment. Peptech said US-based Abbott Laboratories Inc, a licensing partner of the 30 ...
NEW DEHLI TO HOLD INFRASTRUCTURE SHOW IN FEB.
Jan 02, 2003 ... NEW DELHI, Jan 2 Asia Pulse - The India Infrastructure Show 2003, billed as Asia's biggest exhibition-cum-conference showcasing an array of products and services from urban, power, shipping and civil aviation and other sectors, will be held here next month. The event will be ...
FOREX - US DOLLAR DOWN AGAINST RUPIAH - JAN 2, 2003.
Jan 02, 2003 ... JAKARTA, Jan 2 Asia Pulse - The US dollar was down against the rupiah today due to the absence of positive market sentiment. ...
INDIA'S BALMER LAWRIE TO BE SOLD AS A COMBINED ENTITY.
Jan 02, 2003 ... NEW DELHI, Jan 2 Asia Pulse - With the Cabinet Committee on Disinvestment giving the go-ahead to disinvestment of Balmer Lawrie as a combined entity on a "as is, where is" basis, the transaction documents are set to be circulated amongst bidders in the next 10 days, while price bids are ...
BRIEFING - ASIA INFORMATION TECHNOLOGY - JAN 2, 2003.
Jan 02, 2003 ... An executive briefing on information technology for Jan 2, 2003, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities. IT TRAINING MOU SIGNED BETWEEN PAKISTAN, SAUDI ARABIA ...
SOUTH INDIA TOPS NORTH IN COMPUTER SOFTWARE EXPORTS.
Jan 02, 2003 ... NEW DELHI, Jan 2 Asia Pulse - With export revenues touching Rs 213 billion (US$4.43 billion), South India has topped the Computer Software and Electronics Hardware exports in 2001-02, edging out the northern region which stood a distant second with export figures of Rs 110 billion during ...
INDIA'S FICCI OUTLINES STRATEGY FOR EFFICIENT TAX SYSTEM.
Jan 02, 2003 ... NEW DELHI, Jan 2 Asia Pulse - Charting out a 10-point strategy for an 'efficient and effective' tax system in India, the Federation of Indian Chamber of Commerce and Industry (FICCI) has suggested simplfied tax laws and procedures, the framing of a Long Term Fiscal Policy for a period of ...
NEW US$2.14 MLN CARPENTRY TRAINING COURSE IN OMAN.
Jan 02, 2003 ... MUSCAT, Jan 2 Asia Pulse - Juma'ah bin Ali Al-Juma'ah, the country's Manpower Minister, has signed an agreement worth RO. 825,000 (US$2.14 million) with the Seeb Institute for Carpentry and Decor to train and employ 330 Omanis in this field. The Institute Executive Chairman ...
INDIAN GOVT EXTENDS EXPORT SCHEME BENEFITS TO 3RD PARTY EXPORTS.
Jan 02, 2003 ... NEW DELHI, Jan 2 Asia Pulse - In a bid to further facilitate exports, the government has clarified that benefits of export promotion schemes would be extended to third party exports. "It is clarified ... that third party exports are permitted under various Exim policies for all ...
BRIEFING - ASIA INSURANCE - JAN 2, 2003.
Jan 02, 2003 ... An executive briefing on insurance for Jan 2, 2003, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities. CHINA'S BIG FIRMS FAVORED BY INT'L INSURANCE GIANTS BEIJING - ...
OMAN'S HOUSING LOANS COMMITTEE APPROVES FUNDS WORTH US$337,000.
Jan 02, 2003 ... MUSCAT, Jan 2 Asia Pulse - The Housing Loans Committee has approved 13 housing loans costing a total of RO. 130,000 (US$337,000). Applicants hail from different governorates and regions. Five cases occur in the Governorate of Dhofar, one in the Governorate of Musandam ...
OMAN CHAMBER OF COMMERCE HOLDS MEETING, APPROVES 2003 BUDGET.
Jan 02, 2003 ... MUSCAT, Jan 2 Asia Pulse - The Oman Chamber of Commerce and Industry (OCCI) board has held a meeting under the chairmanship of Sheikh Abdullah bin Salim al-Rowas, OCCI President. Al-Rowas said OCCI carried out several activities during this year to boost performance of private ...
LEADERS HAIL ARROYO'S WITHDRAWAL FROM 2004 PHILIPPINE ELECTIONS.
Jan 02, 2003 ... LEGAZPI CITY, Jan 2 Asia Pulse - Business leaders in Southern Luzon have lauded President Gloria Macapagal-Arroyo's decision not to run for President in the year 2004 election. Philippine Chamber of Commerce and Industry (PCCI) vice president for Southern Luzon Marcial Tuanqui ...
SAMSUNG HEAVY INDUSTRIES WINS ORDERS FOR EIGHT SHIPS.
Jan 02, 2003 ... SEOUL, Jan 2 Asia Pulse - Samsung Heavy Industries Co. today said it had recently won orders for eight ships worth US$508 million. Qatar's Ras Laffan LNG Transport Ltd. ordered an LNG tanker, whose carrying capacity reaches 145,000 cubic meters, while Italy's Euroceanica CTGM ...
ASIAN MARKETS - SHARES CLOSED MIXED - JAN 2, 2003.
Jan 02, 2003 ... A round-up of Asian stock markets for Jan 2, 2003 prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities. SYDNEY, Jan 2 Asia Pulse - Asian share markets closed mixed today as some ...
SOUTH KOREA'S ECONOMIC GROWTH MAY NOT REACH 5 PCT: SERI.
Jan 02, 2003 ... SEOUL, Jan 2 Asia Pulse - The Samsung Economic Research Institute (SERI) today said this year's economic growth might not be able to reach the 5 per cent level due to external factors. The institute also feared for generational and political frictions with active participation ...
FOREX - US$ ENDS HIGHER AGAINST NEW TAIWAN DOLLAR - JAN 2, 2003.
Jan 02, 2003 ... TAIPEI, Jan 2 Asia Pulse - The U.S. dollar rose against the new Taiwan dollar on the Taipei Foreign Exchange Thursday, gaining NT$0.038 to close at NT$34.791. ...
STOCKS - MALAYSIAN STOCKS CLOSE LOWER - JAN 2, 2003.
Jan 02, 2003 ... KUALA LUMPUR, Jan 2 Asia Pulse - The Malaysian sharemarket closed 2.15 per cent lower today on fears of a war between the US and Iraq, brokers said. The Kuala Lumpur Stock Exchange composite index fell 13.89 points to finish at 632.43 points. The ...
ASIANET DAILY SUMMARY - JAN 2, 2003.
Jan 02, 2003 ... AsiaNet Daily Summary - Press Releases from Tuesday December 31 until Thursday January 2. SYDNEY, Jan 2 /AsiaNet / -- BOOK PARTNERSHIP SAN FRANCISCO: YesAsia.com said a partnership with Cosmos Books will allow Chinese readers to view and purchase all books ...
PAKISTANI NEWSPAPER HIGHLIGHTS - JAN 2, 2003.
Jan 02, 2003 ... KARACHI, Jan 3 Asia Pulse - Highlights of yesterday's newspapers: DAWN: - Profit on savings schemes slashed - Musharraf, governor and chief minister discuss Sindh issues - Schedule for Senate polls announced - MMA to hold anti-US ...
STOCKS - DSE REMAINS TRADELESS - JAN 2, 2003.
Jan 02, 2003 ... NEW DELHI, Jan 2 Asia Pulse - The Delhi Stock Exchange (DSE) remained tradeless today as most of the market participants were seen doing business on the other leading bourses. With no trading activity on the bourse, the DSE index was unaltered at 837.03 points. Nine trading ...
FOREX - US AOLLAR SLIGHTLY DEARER AGAINST RUPEE - JAN 2, 2003.
Jan 02, 2003 ... MUMBAI, Jan 2 Asia Pulse - The U.S. Dollar ended slightly dearer against the rupee at Rs 48.02/03 per dollar but the Pound Sterling turned cheaper at Rs 77.19/21 per ...
FOREX - AUSTRALIAN DOLLAR OPENS WEAKER - JAN 2, 2003.
Jan 02, 2003 ... SYDNEY, Jan 2 Asia Pulse - The Australian dollar has opened lower to begin 2003, although little action is expected as most countries continue to enjoy celebrations for the new year. At 0700 AEDT, the Australian dollar was at US$0.5613/18, compared with US$0.5660/65 at Tuesday's ...
AUSTRALIAN NEWSPAPER HIGHLIGHTS - JAN 2, 2003.
Jan 02, 2003 ... SYDNEY, Jan 2 Asia Pulse - Highlights of today's newspapers: THE DAILY TELEGRAPH: - Ringleaders of attempted breakout from Villawood Detention Centre moved to maximum security wing of Silverwater Jail. - New Zealand's Foreign Minister backs Australia's call ...
YESASIA.COM & COSMOS BOOKS JOIN FORCES.
Jan 02, 2003 ... (Full text of a statement. Contact details below.) SAN FRANCISCO, Dec. 31 /XFNHK-AsiaNet/ -- YesAsia.com, the leading Asian on-line entertainment store, today announced its partnership with Cosmos Books Limited, one of the largest book publishers in Hong Kong, to build a "Cosmos ...
AUSTRALIA'S AMP RELEASES DETAILS OF US$24.71 MLN SHARE BUYBACK.
Jan 02, 2003 ... SYDNEY, Jan 2 Asia Pulse - AMP Ltd (ASX:AMP) has bought back A$44.067 million (US$24.71 million) of its own shares, the financial services company said today. The company said it bought back 2.67 million shares on the market, for between A$15.46 (US$8.67) and A$17.11 (US$9.59). ...
BHP BILLITON WELL POSITIONED TO WEATHER DOWNTURN, ANALYSTS SAY.
Jan 02, 2003 ... MELBOURNE, Jan 2 Asia Pulse - Over-supply and Middle East tensions have left commodity prices not far above record lows going into 2003, but resource giant BHP Billiton (ASX:BHP), with its diverse portfolio, is well positioned to weather the downturn. Analysts also believe BHP ...
AUSTRALIA'S CHIEF EMPLOYER BODY UNVEILS ANNUAL ECONOMIC WISHLIST.
Jan 02, 2003 ... CANBERRA, Jan 2 Asia Pulse - A Budget surplus, more jobs, personal tax reform and a national industrial relations system should top the government's New Year's resolutions list, Australia's chief employer body said today. In its annual economic wishlist, the Australian Chamber ...
AUSTRALIAN SHARES LIKELY TO START YEAR ON SLUGGISH NOTE.
Jan 02, 2003 ... SYDNEY, Jan 2 Asia Pulse - Australian shares are likely to kick off 2003 in much the same the way as they ended 2002 - with sluggish, uninspired trade amid dull global sentiment. After a holiday across the world's markets today, the Australian Stock Exchange will resume trading ...
AUSTRALIA'S CARTER HOLT HARVEY SELLS CHILEAN FIRM FOR US$11 MLN.
Jan 02, 2003 ... SYDNEY, Jan 2 Asia Pulse - Forestry and wood business Carter Holt Harvey Ltd (ASX:CHY) has sold its Chilean packaging firm for US$11 million (A$19.52 million), the company said today. The business is being acquired by a consortium comprising ...
AUSTRALIA'S DECEMBER PMI HOLDS POSITIVE OUTLOOK FOR 2003.
Jan 02, 2003 ... SYDNEY, Jan 2 Asia Pulse - The Performance of Manufacturing Index for December has slipped from its November levels but still holds a positive outlook for 2003. The Australian Industry Group PMI came in at 56.7 points to end 2002, a fall of 1.9 points from November but the ...
AUSTRALIA NOT IMMUNE FROM SMALLPOX THREAT, US EXPERTS SAY.
Jan 02, 2003 ... SYDNEY, Jan 2 Asia Pulse - A terrorist on a suicide mission could just as likely be armed with smallpox as a bomb and the impact on Australia from such an attack might only be as far away as an overseas tour group, US experts say. Director of the US National Institute of ...
SOUTH KOREAN AUTOMOBILES TOP LIST OF ITEMS EXPORTED TO US.
Jan 02, 2003 ... SEOUL, Jan 2 Asia Pulse - Automobiles took the first spot among the nation's export items in the U.S. market for the second straight year last year in terms of export amounts, further widening gaps against wireless communications equipment and semiconductors, the Korea International Trade ...
HYUNDAI AVANTE XD BECOMES KOREA'S OVERSEAS BESTSELLER IN 2002.
Jan 02, 2003 ... SEOUL, Jan 2 Asia Pulse - Hyundai Motor's (KSE:05380) passenger car Avante XD was the bestseller abroad last year among Korean-made vehicles, industry sources said. During the first 11 month last year, the sedan sold the most at 162,095 units overseas, followed by two other ...
SOUTH KOREA ENJOYS US$10.8 BLN OF TRADE SURPLUS IN 2002.
Jan 02, 2003 ... SEOUL, Jan 2 Asia Pulse - Korea posted a trade surplus of US$10.8 billion in 2002 by exporting US$162.82 billion worth of goods, up 8.2 per cent from a year ago, and importing US$152.02 billion worth, up 7.7 per cent, the Ministry of Commerce, Industry and Energy said in a provisional ...
INDIA'S PETROLEUM SECTOR PLAGUED BY CONTROVERSY IN 2002.
Jan 02, 2003 ... NEW DELHI, Jan 2 Asia Pulse - India's petroleum sector provided fuel for political controversies such as the divestment of oil companies and the petrol pump allotment scam during 2002, as deregulation and major gas finds were relegated to the background. While the ruling ...
INDIAN POLITICS UPSTAGES ECONOMICS IN 2002.
Jan 02, 2003 ... NEW DELHI, Jan 2 Asia Pulse - Politics had the better of economics during 2002, which saw a setback to reforms particularly with disinvestment and Foreign Direct Investment growth already hit by severe drought in fourteen states. But there were positive signals as the year ...
STOCKS - AUSTRALIAN SHARES OPEN WEAKER - JAN 2, 2003.
Jan 02, 2003 ... SYDNEY, Jan 2 Asia Pulse - Australian stocks kicked off the new year with little activity this morning, sliding slightly in early trade. "It's a little bit softer, it opened down about three points for the all ords," Macquarie Equities broker Lucinda Chan said. "The ...
WORLD CUP FEVER, LOWER PRICES BOOST INDIAN TV SALES IN 2002.
Jan 02, 2003 ... NEW DELHI, Jan 2 Asia Pulse - On the back of World Cup football fever, colour TVs led a strong rally in the consumer electronics industry during 2002, with foreign brands such as LG and Samsung overtaking domestic giants BPL and Videocon so that the customer got the best in terms of price ...
INDIAN GOVT FACES STIFF RESISTANCE IN ATTEMPTS TO ATTRACT FDI.
Jan 02, 2003 ... NEW DELHI, Jan 2 Asia Pulse - Amid the debate over whether India can replicate China in attracting Foreign Direct Investment during 2002, the government took some bold steps, including liberalising areas like print media and defence, but not before facing stiff political resistance. ...
INDIA'S RELIANCE STRIKES GAS IN 6TH WELL IN KG DEEPWATER BLOCK.
Jan 02, 2003 ... NEW DELHI, Jan 2 Asia Pulse - Reliance Industries (ASX:RELI) has stumbled upon significant gas reserves in the sixth well it has drilled in the Krishna Godavari Basin block, where it had earlier this year discovered 7 trillion cubic feet of gas reserves. "The sixth well, in the ...
BHARTI'S NET DEBT FIGURE LIKELY TO REACH US$677.2 MLN IN MARCH.
Jan 02, 2003 ... NEW DELHI, Jan 2 Asia Pulse - Indian telecom major Bharti Televentures' (BSE:BRTI) net debt figure is likely to be about Rs 32.5 billion (US$677.2 million) on March 31, 2003 compared to about Rs 27 billion at present. "We expect the net debt figure to touch about Rs 32.5 billion ...
INDIA'S TISCO, DR REDDY'S & IBP RECEIVE CORPORATE GOVERNANCE AWARD.
Jan 02, 2003 ... NEW DELHI, Jan 2 Asia Pulse - Tisco, Dr Reddy's Laboratories (BSE:REDY) and IBP Ltd today received the national award for excellence in corporate governance instituted by the Institute of Company Secretaries of India. Vice President of India, Bhairon Singh Shekhawat, presented ...
INDIAN OIL MARKETING FIRMS MAY BLEND ETHANOL WITH PREMIUM FUELS.
Jan 02, 2003 ... MUMBAI, Jan 2 Asia Pulse - Oil marketing companies IOC, BPCL and HPCL may extend the "gasohol" experiment to their newly introduced high-end premium fuels, by mixing five per cent ethanol in their branded petrol category. "We will first start by blending ethanol with regular ...
SAUDI AIRLINES TO BEGIN FLIGHTS TO INDIAN CITY OF KOCHI.
Jan 02, 2003 ... DUBAI, Jan 2 Asia Pulse - Saudi Arabian Airlines will fly to Kochi as its fourth Indian destination and Air India will raise the number of flights to the kingdom from six to nine under a new agreement. The agreement was reached in Jeddah yesterday after two days of talks between ...
INDIA REGISTERS 5.8% GDP GROWTH IN Q2.
Jan 02, 2003 ... NEW DELHI, Jan 2 Asia Pulse - Belying expectations of a lower growth, India's Gross Domestic Product (GDP) in the second quarter of this fiscal year grew at an impressive 5.8 per cent despite a dismal performance by the agriculture sector which registered zero per cent growth. ...
INDIA'S EXPORT GROWTH HAS LONG WAY TO GO, COMMERCE MINISTER SAYS.
Jan 02, 2003 ... NEW DELHI, Jan 2 Asia Pulse - A 29 per cent growth in imports during November last year took the sheen off a sustained recovery in exports, which booked an impressive increase of 16 per cent to US$4.13 billion. Commerce and Industry Minister Arun Shourie said the growth in ...
INDIAN CELLULAR OPERATORS MAY ANNOUNCE TARIFF INCENTIVES TODAY.
Jan 02, 2003 ... NEW DELHI, Jan 2 Asia Pulse - Joining hands to counter limited mobility services, cellular operators will announce a major initiative which may include special tariffs incentives and value additions for cellular customers to prevent them from moving away to WLL. "There will be ...
INDIAN GOVT LAUNCHES DIPLOMATIC EFFORTS TO SECURE SUDAN OIL FIELD.
Jan 02, 2003 ... NEW DELHI, Jan 2 Asia Pulse - The Indian government has launched a top level diplomatic initiative to secure a Sudanese oil field, where ONGC Videsh Ltd's (OVL) proposal to buy Canadian Talisman Energy's 25 per cent stake for US$720 million is facing problems from partners Petronas of ...
SINGAPORE NEWSPAPER HIGHLIGHTS - JAN 2, 2003.
Jan 02, 2003 ... SINGAPORE, Jan 2 Asia Pulse - Highlights of today's newspapers: THE STRAITS TIMES: - Despite glimmers of hope that the region will see a US-led economic recovery this year, many companies are still intent on cutting costs by lowering the class of travel for their ...
O'SEAS PROJECTS CLINCHED BY KOREAN FIRMS REACHED US$6 BLN IN 2002.
Jan 02, 2003 ... SEOUL, Jan 2 Asia Pulse - Overseas projects clinched by domestic construction firms last year exceeded US$6 billion and are projected to reach US$7 billion this year, the Ministry of Construction and Transportation said today. The ministry said total overseas projects secured by ...
AUSTRALIA'S MIG TO IMPLEMENT HIGHER CHARGES ON CANADIAN MOTORWAY.
Jan 02, 2003 ... SYDNEY, Jan 2 Asia Pulse - Macquarie Infrastructure Group (MIG) (ASX:MIG) today said higher toll charges will be implemented for its part-owned motorway in Toronto, Canada, from next month. Coming into effect on February 1, MIG said tolls on the 407ETR will increase by as much ...
DISPUTE MAY DISRUPT INTN'L POKER TOURNAMENT AT AUSTRALIAN CASINO.
Jan 02, 2003 ... MELBOURNE, Jan 2 Asia Pulse - An international poker tournament could be interrupted if talks between Melbourne's Crown Casino management and a union over pay and working conditions fail this morning. If the 11am (AEDT) meeting breaks down, members of the Liquor, Hospitality ...
AUSTRALIAN DOLLAR TO MARK 20TH ANNIVERSARY OF "FLOAT" IN 2003.
Jan 02, 2003 ... SYDNEY, Jan 2 Asia Pulse - It's been an exciting ride for Australia's dollar since it was "floated" 20 years ago. The local dollar will mark the 20 year anniversary of that float in 2003 as a more narrowly traded currency but one that is worth one third less than its pre-float ...
AUSTRALIAN CONSUMERS MISLEAD ON NEW CREDIT CARD REFORMS: VISA.
Jan 02, 2003 ... SYDNEY, Jan 2 Asia Pulse - Reports that petrol company Caltex (ASX:CTX) would charge customers for credit card transactions but not lower petrol prices was the first indication of how consumers had been mislead about new credit card reforms, Visa International said today. New ...
AGREEMENT WITH HUAIAN INVESTMENT CO ON TRANSFERRING INTEREST.
Jan 02, 2003 ... (Full text of a statement. Contact details below.) BEIJING, Jan. 2 /XFNHK-AsiaNet/ -- Huaneng Power International, Inc. (the Company) (NYSE: HNP; HKEx: 902; SSE: 600011) today announced that it has signed an equity transfer agreement with Huaian Investment Company, pursuant to ...
RESOLUTION PASSED AT HUANENG EXTRAORDINARY GENERAL MEETING.
Jan 02, 2003 ... (Full text of a statement. Contact details below.) BEIJING, Jan. 2 /XFNHK-AsiaNet/ -- Huaneng Power International, Inc. (the Company) (NYSE: HNP; HKEx: 902; SSE: 600011) held an extraordinary general meeting in Beijing on December 31, 2002 and approved the following resolution ...
KOREA'S KDIC TO STRENGTHEN RISK MONITORING OF FINANCIAL INSTITUTIONS.
Jan 02, 2003 ... SEOUL, Jan 2 Asia Pulse - The Korea Deposit Insurance Corp. (KDIC) today said it will focus its attention on risk monitoring of financial institutions to prevent them from running into trouble in the new year. The state-run corporation said this reflects a change in policy from ...
OVERDUE LOANS ON CREDIT CARDS EXCEEDS US$7.62 BLN IN NOV, 2002.
Jan 02, 2003 ... SEOUL, Jan 2 Asia Pulse - Overdue credit card loans totaled 9.06 trillion won (US$7.62 billion) as of the end of November, up 8 per cent from October, the Financial Supervisory Service (FSS) said yesterday. The figure stood at 6.24 trillion won in June and continues to rise, ...