AsiaPulse News back issues from May 2003:
FOREX - AUSTRALIAN DOLLAR OPENS HIGHER - MAY 1, 2003.
May 01, 2003 ... SYDNEY, May 1 Asia Pulse - The Australian dollar continued to rally higher overnight, extending to fresh three-year highs as traders battered the US dollar. At 0750 AEST the Australian dollar was at 62.63 US cents up from 62.38 US cents at yesterday's close. The ...
AUSTRALIAN NEWSPAPER HIGHLIGHTS - MAY 1, 2003.
May 01, 2003 ... SYDNEY, May 1 Asia Pulse - Today's newspaper highlights: THE DAILY TELEGRAPH - List of 668 products affected by the Pan crisis revealed by federal government. - Rene Rivkin may face five years in jail after being found guilty of insider trading. ...
NANOMUSCLE SOLIDIFIES TOY DIVISION EXECUTIVE TEAM WITH THREE HIRES.
May 01, 2003 ... $all $anr $us $gds (Full text of statement. Contact details below.) ANTIOCH, Calif., April 30 PRNewswire-AsiaNet - NanoMuscle, a manufacturer of miniature motors, has hired two toy industry veterans and a technology sales veteran to fill out its Toy Business Unit ...
WP STEWART & CO REPORTS NET INCOME FOR Q1 2003 OF $10.2 MLN.
May 01, 2003 ... $all $anr $us $gds (Full text of this release can be found at http://www.asianet.com.au) HAMILTON, April 30 PRNewswire-FirstCall-AsiaNet - W.P. Stewart & Co., Ltd. today reported net income of $10.2 million, or $0.23 per share (diluted) and $0.23 per share (basic), ...
NEW MINDJET SOFTWARE DELIVERS ON TABLET PC NOTE-TAKING PROMISE.
May 01, 2003 ... $all $anr $tec $com $us (Full text of statement. Contact details below.) LARKSPUR, Calif., April 30 PRNewswire-AsiaNet - Mindjet, the leading vendor of productivity-boosting visual tools for brainstorming and planning, today announced availability of MindManager 2002 ...
CORR:PROFILE - AUSTRALIA'S INBOUND TOURISM INDUSTRY (APRIL 2003).
May 01, 2003 ... by Penelope Lake Repeating to correct date in headline to 2003 *********************************************** A PROFILE OF AUSTRALIA'S INBOUND TOURISM INDUSTRY PREPARED BY ASIA PULSE ANALYSTS (UPDATED APRIL 2003) ...
CATHAY LIFE NOW TAIWAN LARGEST CO WITH US$13 BLN FY 02 REVENUE.
May 01, 2003 ... TAIPEI, May 1 Asia Pulse - Cathay Life Insurance Co. became Taiwan's largest enterprise in terms of annual revenues with NT$451.85 billion (US$12.98 billion) in 2002, according to a report published Wednesday by Taipei-based China Credit Information Service Ltd. This is the ...
TAIWAN'S CLA TO INTRODUCE GERMAN VOCATIONAL TRAINING PROGRAM.
May 01, 2003 ... TAIPEI, May 1 Asia Pulse - The Council of Labor Affairs (CLA) signed a letter of intent with the German Trade Office in Taipei Wednesday to introduce a new model of vocational training program from Germany. Kuo Fong-yu, director-general of the CLA's Employment & Vocational ...
COMPUTEX TAIPEI 2003 TO BE POSTPONED OVER SARS.
May 01, 2003 ... TAIPEI, May 1 Asia Pulse - Computex Taipei 2003, one of the world's three largest computer fairs, will be postponed until September or October out of growing public concern over the spread of SARS, organizers announced Wednesday. Chao Yung-chuan, secretary-general of the ...
TAIWAN'S ACADEMIA SINICA TO ORGANIZE SARS VACCINE PROJECT.
May 01, 2003 ... TAIPEI, May 1 Asia Pulse - Academia Sinica will organize a research team to try to develop vaccines for severe acute respiratory syndrome (SARS), the president of the institution said Tuesday evening. Prof. Lee Yuan-tse said that Prof. Michael M. C. Lai, who will take over the ...
CALL TAIWAN TAIWAN RALLY TO BE POSTPONED DUE TO SARS FEARS.
May 01, 2003 ... TAIPEI, May 1 Asia Pulse - A "Call Taiwan Taiwan" rally will be delayed until September due to the outbreak of severe acute respiratory syndrome (SARS), organizers said Wednesday. The announcement was made one day after the Alliance to Campaign for Rectifying the Name of Taiwan ...
TAIWAN'S DEPARTURES, ARRIVALS HIT NEW LOWS AT CKS AIRPORT.
May 01, 2003 ... TAIPEI, May 1 Asia Pulse - The number of arrivals and departures at Chiang Kai-shek International Airport near Taipei hit a record low of 12,342 Monday, according to statistics released by the airport administration. The historic lows - 6,560 arrivals and 5,782 departures - were ...
TAIWAN LOOKS AT 30 DAYS MORE ON WHO'S SARS LIST.
May 01, 2003 ... GENEVA, May 1 Asia Pulse - A high-ranking World Health Organization (WHO) official said Tuesday that it is unfortunate that Taiwan recently experienced the appearance of a mass local transmission of severe acute respiratory syndrome (SARS) at a hospital in Taipei. Guenael ...
IRANIAN FLOWER PRODUCERS RANK FIRST IN ROMANIA'S FLORAL EXHIBITION.
May 01, 2003 ... KHOMEIN, May 1 Asia Pulse - Iranian botanists in Mahalat, who took part in an international flower exhibition in Romania entitled "Tulips," won the top prizes and received a plate of honor, special statue as well as an honor certificate on Wednesday. The manager of Mahallat ...
GERMANY TO BOOST PROMOTION OF ECONOMIC, POLITICAL REFORMS IN IRAN.
May 01, 2003 ... BERLIN, May 1 Asia Pulse - Germany is to step up cooperation with the Islamic Republic of Iran in promoting economic and political reforms, a government press release stated on Wednesday. "The Federal Republic of Germany promotes social, political and economic reforms in Iran," ...
THAI NEWSPAPER HIGHLIGHTS - MAY 1, 2003.
May 01, 2003 ... BANGKOK, May 1 Asia Pulse - Highlights of today's newspapers: THE BANGKOK POST - Suvarn Valaisathien, former deputy commerce minister, has been approached by creditors of Thai Petrochemical Industry to help co-ordinate restructuring talks. - Special events ...
AMP TO DEMERGE INTO UK AND AUSTRALIAN ENTITIES.
May 01, 2003 ... SYDNEY, May 1 Asia Pulse - Financial services giant AMP Ltd (ASX:AMP) is preparing to undergo a number of strategic changes including the demerger of its businesses into two separate listed entities after an announcement today. AMP said it would demerge its business along ...
S&P'S PLACES AUSTRALIA'S AMP ON CREDITWATCH NEGATIVE.
May 01, 2003 ... SYDNEY, May 1 Asia Pulse - Standard & Poor's Ratings Services today placed AMP Life Ltd, the Australian operating subsidiary of AMP Ltd, with a CreditWatch Negative the AA-minus insurer financial strength and counterparty credit ratings. AMP Ltd is a Sydney-based life insurance ...
AUSTRALIA'S LARGEST WIND FARM DEVELOPMENT TO COST US$168.75 M.
May 01, 2003 ... MELBOURNE, May 1 Asia Pulse - Australia's largest wind farm development is set to go ahead with the Victorian government announcing planning approval today for the $A270 million (US$168.75 million) Portland Wind Energy Project, in the state's south-west. State and Regional ...
KOREA'S IMPORTED CAR REGISTRATION TO HIT 100,000 THIS YEAR.
May 01, 2003 ... SEOUL, May 1 Asia Pulse - The number of imported cars registered with the authorities hit 91,600 as of the end of March, accounting for 0.6 percent of all registered vehicles, which totaled 14.21 million, the Korea Automobile Manufacturers Association said Thursday. The figure ...
KOREA'S TRADING OF CREDIT-CARD COMPANY BONDS REMAINS SLUGGISH.
May 01, 2003 ... SEOUL, May 1 Asia Pulse - Transactions of credit-card company bonds remain sluggish as institutions, burned by SK Global's accounting irregularities, are reluctant to buy them, market sources said Thursday. "Trading is still in the doldrums as institutions are worried about ...
OMAN'S DHOFAR POWER CO TO LAUNCH COMMERCIAL OPERATIONS.
May 01, 2003 ... MUSCAT, May 1 Asia Pulse - Dhofar Power Company (DPC) will start commercial operation of its private power plant in Salalah from tomorrow (Thursday), according to Abdullah bin Ali bin Daud, Undersecretary of Electricity and Water. He said following the commercial opening of ...
AUSTRALIAN INSURANCE CO'S SET TO OFFER PUBLIC LIABILITY INSURANCE.
May 01, 2003 ... SYDNEY, May 1 Asia Pulse - Non-profit organisations are set to benefit after Australia's competition regulator gave conditional authorisation to the joint offering by three large insurers of public liability insurance. Australian Competition and Consumer Commission (ACCC) ...
CHINA IMPORTS 61.38 PCT MORE OIL IN JAN - FEB 03.
May 01, 2003 ... BEIJING, May 1 Asia Pulse - The import and export of China's petroleum and chemical industry reached US$16.756 billion in the first two months of this year, an increase of 61.38 per cent year-on-year, according to customs statistics. Exports hit US$4.462 billion, up 33.6 per ...
STOCKS - AUSTRALIAN SHARES OPEN LOWER - 1 MAY, 2003.
May 01, 2003 ... BRISBANE, May 1 Asia Pulse - The Australian stock market dropped opened lower with weakness in the financial sector and major resources stocks. At 1014 AEST, the benchmark S&P/ASX 200 index was 9.7 points easier at 2997.1, while the all ordinaries index fell 8.9 points to ...
AUSTRALIA'S BIOTA US SUBSIDIARY MAKES HIV/AIDS DRUG BREAKTHROUGH.
May 01, 2003 ... MELBOURNE, May 1 Asia Pulse - Biota Holdings Ltd (ASX:BTA) shares surged yesterday, after the biotech company said its United States subsidiary had made an important breakthrough in the development a new HIV/AIDS drug. Biota said California-based Biota Inc had used its N-MAX ...
AUSTRALIA'S PRIMA BIOMED MAKES MALARIA VACCINE PROGRESS.
May 01, 2003 ... MELBOURNE, May 1 Asia Pulse - Australian biotech Prima BioMed Ltd (ASX:PRR), said preliminary results had indicated that its experimental DCtag malaria vaccine appeared to be effective against malaria. "This is a significant finding with substantial commercial potential," Prima ...
AUSTRALIA'S DAILY PLANET BROTHEL TO LIST ON ASX TODAY.
May 01, 2003 ... MELBOURNE, May 1 Asia Pulse - The Daily Planet Ltd (ASX:DPL) is set to list today on the Australian Stock Exchange and has engaged the services of a Hollywood madam to aid publicity. The Melbourne brothel is the first in Australia to become a listed company - and is doing so ...
CARGOLUX PAKISTAN CUTS FUEL LEVY TO US$0.10 PER KG.
May 01, 2003 ... KARACHI, May 1 Asia Pulse - Cargolux, a major European air cargo carrier, has announced a further decrease in the fuel surcharge from Rs 9 per kilogram to Rs 6 (S$0.10) per kilogram with effect from May 5. The general manager of Cargolux Pakistan, Jalal al Karimi, in a circular ...
AUSTRALIAN MANUFACTURING GROWTH HOLDS UP IN APRIL: SURVEY.
May 01, 2003 ... SYDNEY, May 1 Asia Pulse - A new survey has found Australian manufacturing growth held up well in April, supported by a lift in new orders and continued, although slightly softer, growth in production and employment. The Ai Group/PricewaterhouseCoopers performance of ...
OMANTEL, QATAR TELECOMMUNICATIONS CO LOOK TO ENHANCE LINKS.
May 01, 2003 ... MUSCAT, May 1 Asia Pulse - Malik bin Sulaiman al Maamari, Minister of Transport and Communications and the Chairman of Oman Telecommunications Company (Omantel) received Dr. Nassir bin Mohammed Maarafia, Executive President of Qatar Telecommunications Company (Q-tel). The ...
PAKISTAN INVITES RUSSIAN COMPANIES FOR OIL, GAS EXPLORATION.
May 01, 2003 ... ISLAMABAD, May 1 Asia Pulse - Pakistan's Minister for Petroleum and Natural Resources Nouraiz Shakoor has invited RNGS, a Russian company privatised as a joint stock company with worldwide activities, to participate in oil and gas exploration activities in Pakistan. The ...
839 COMPANIES AFFECTED BY CROSS-INVESTMENT CEILING IN KOREA.
May 01, 2003 ... SEOUL, May 1 Asia Pulse - The number of companies under the government's cross-investment ceiling restrictions totaled 839 as of this month, the Fair Trade Commission (FTC) revealed Thursday. The total is two less than the 841 firms on April 1, as five companies were added and ...
FOREIGN PORTFOLIO INVESTMENT IN PAKISTAN UP BY 55 PCT.
May 01, 2003 ... ISLAMABAD, May 1 Asia Pulse - Foreign portfolio investment in Pakistan stood at Rs18.91 billion (US$327.1 million) at the end of the July-March 2002/03 period, denoting an increase of 55.24 per cent over June 30, 2002, according to statistics from the Securities and Exchange Commission of ...
ASEAN LEADERS AGREE ON 6-POINT PLAN TO CONTROL SARS SPREAD.
May 01, 2003 ... BANGKOK, May 1 Asia Pulse - The Association of Southeast Asian Nations (ASEAN) concluded its one-day summit on the Severe Acute Respiratory Syndrome, agreeing on a six-point plan to control the outbreak of the deadly disease that have killed more than 350 people and infected 5,500 in ...
INDONESIAN NEWSPAPER HIGHLIGHTS - MAY 1, 2003.
May 01, 2003 ... JAKARTA, May 1 Asia Pulse - Highlights of today's newspapers: THE JAKARTA POST: - Finance Minister Boediono projected higher economic growth for next year on the back of improvement in investment and exports, provided that the upcoming 2004 legislative elections run ...
PAKISTAN ATTRACTS OVER US$658 MLN IN FDI DURING JULY-MARCH.
May 01, 2003 ... ISLAMABAD, May 1 Asia Pulse - Pakistan attracted a record US$658 million of Foreign Direct Investment (FDI) during the July-March period of 2002/03, against US$287.4 million of FDI realised in the same period in the previous fiscal year. Minister for Investment and ...
PAKISTANI BANKS' FARM LENDING SWELLS 28.3% TO US$259.4 MLN.
May 01, 2003 ... KARACHI, May 1 Asia Pulse - Pakistani commercial banks disbursed Rs15 billion (US$259.4 million) among the farmers during July-March, 2002/03, against Rs11.7 billion during the same period in the previous year, showing an increase of 28.3 per cent. The State Bank of Pakistan ...
JAPAN'S NOMURA HOLDINGS REPORTS 73% DROP IN PROFIT BEFORE TAX.
May 01, 2003 ... TOKYO, May 1 Asia Pulse - Nomura Holdings Inc. (TSE:8604) on Wednesday reported that its group income before taxes fell 73 per cent from the prior year to 47.4 billion yen (US$395 million) for the fiscal year ended March 31. The firm wrote down the value of its securities ...
KOREA'S FOREX TRADE BRISK ON PROFIT-TAKING IN APRIL, 2003.
May 01, 2003 ... SEOUL, May 1 Asia Pulse - Foreign exchange trading between banks showed a sharp increase last month as the won-dollar exchange rate fluctuated in a wide range, providing grounds for profit-taking, according to the Bank of Korea (BOK). With less pressure for the dollar's ...
COMMITTED CREDIT LINE BALANCE IN JAPAN RISES 16.1% TO US$137 BLN.
May 01, 2003 ... TOKYO, May 1 Asia Pulse - The outstanding balance of committed lines of credit swelled to 16.25 trillion yen (US$137 billion) as of March 31, up 16.1 per cent from a year earlier, the Bank of Japan reported Wednesday. The expansion of committed credit lines was driven in large ...
DEODEO TO COVER 90% OF OKAYAMA CITY WITH WIRELESS LAN SERVICE.
May 01, 2003 ... TOKYO, May 1 Asia Pulse - Consumer electronics retailer Deodeo Corp. plans to launch a high-speed Internet service via wireless LAN (local area network) that would cover 90 per cent of the city of Okayama within the year. Wireless-LAN-based Internet services are now offered ...
NINTENDO TO OPEN TOKYO DEVELOPMENT SITE.
May 01, 2003 ... TOKYO, May 1 Asia Pulse - Nintendo Co. (TSE:7974) yesterday announced plans to open a new game software development site in Tokyo. The new development center will be located at the company's Tokyo branch in Kanda, Tokyo, and is expected to be in operation in September. ...
NET PROFIT FOR JAPAN'S FUJI GROUP FALLS 40% IN FY02.
May 01, 2003 ... TOKYO, May 1 Asia Pulse - Fuji Photo Film Co. (TSE:4901) said Wednesday that its consolidated net profit dropped 40 per cent on the year to 48.5 billion yen (US$408 million) for the fiscal year ended March 31. The protracted stock market slump increased expenses stemming from ...
TOYOTA TO MAKE FULL RANGE OF VEHICLES IN CHINA.
May 01, 2003 ... NAGOYA, May 1 Asia Pulse - The Toyota Motor Corp. (TSE:7203) group will produce luxury car engines and large trucks in China, giving it a full line of vehicle offerings there. The automaker is to build a new engine plant in China, and is also working with group members Hino ...
KOBE STEEL, JFE TO TIE UP IN WELDING MATERIALS TO CUT COSTS.
May 01, 2003 ... TOKYO, May 1 Asia Pulse - In an effort to reduce costs, Kobe Steel Ltd. and JFE Steel Corp. plan to tie up in welding materials by consolidating their production facilities and jointly developing new products, The Nihon Keizai Shimbun learned Wednesday. The alliance will fall ...
JAPAN'S DAIICHI PHARMA GIVES CHINA ANTIBIOTIC TO FIGHT SARS.
May 01, 2003 ... TOKYO, May 1 Asia Pulse - Daiichi Pharmaceutical Co. (TSE:4505) has donated a total of 10,000 doses of the injection formulation of its Cravit synthetic antibiotic to six Chinese hospitals to help in the battle against severe acute respiratory syndrome (SARS). Cravit, whose ...
JAPANESE HOMEBUILDERS SEE DEMAND WEAKENING IN FY03: SURVEY.
May 01, 2003 ... OSAKA, May 1 Asia Pulse - Many Japanese home and condominium developers expect housing demand to continue shrinking this fiscal year, with more than 80 per cent projecting that housing starts in the current year will fall short of the fiscal 2002 level of 1.14 million units, according to a ...
JAPAN'S CONSTRUCTION MACHINERY SHIPMENTS POST 1ST RISE IN 6 YRS.
May 01, 2003 ... TOKYO, May 1 Asia Pulse - Construction machinery shipments totaled 1.17 trillion yen in fiscal 2002, up 2.9 per cent from a year before and the first year-on-year rise in six years, according to a survey released Wednesday by the Japan Construction Equipment Manufacturers Association. ...
AUSTRALIAN INSURANCE STOCKS FALL ON AMP PLANS TO SPIN OFF UK CO.
May 01, 2003 ... SYDNEY, May 1 Asia Pulse - Insurance stocks tumbled today, after AMP Ltd (ASX:AMP) announced plans to spin off its United Kingdom business into a separate entity. AMP said it would raise A$1.5 billion (US$900 million) in additional equity, through a $1 billion institutional ...
HYUNDAI ASAN TO PARTIALLY WITHDRAW MT GEUMGANG WORKFORCE.
May 01, 2003 ... SEOUL, May 1 Asia Pulse - Hyundai Asan Corp. today said it will withdraw some of its workforce from North Korea's Mount Geumgang resort because the inter-Korean tourism business is suspended because of SARS fears. "Later today, 170 workers, including 62 Korean-Chinese, will ...
SEVEN IN 10 S. KOREAN FINANCIAL FIRMS TAKE SATURDAYS OFF.
May 01, 2003 ... SEOUL, May 1 Asia Pulse - Slightly over seven out of 10 financial institutions in South Korea are closed on Saturdays, the nation's financial watchdog said today. As of the end of April, a five-day workweek was in place at 74 per cent of 383 financial institutions, or 282 firms, ...
JAPAN'S KANRO IMPLEMENTING MINUTE-INCREMENT TRACEABILITY SYSTEM.
May 01, 2003 ... TOKYO, May 1 Asia Pulse - Kanro Co. (TSE:2216), a major candy maker, is introducing a traceability system that will keep track of production time down to the minute. To date, the company has used a system that identifies products by the day of production only. The ...
INDONESIA TO SUPPLY RUSSIA WITH 40,000 TONS OF PALM OIL.
May 01, 2003 ... JAKARTA, May 1 Asia Pulse - Indonesia plans to export 40,000 tons of palm oil to Russia in May-July under a countertrade agreement signed by the leaders of the two countries last week. The agreement to trade Russian Sukhoi aircraft for Indonesian products would be worth US$16.5 ...
JAPAN'S OKI PLACING NEW EMPHASIS ON CHIP FOUNDRY BUSINESS.
May 01, 2003 ... TOKYO, May 1 Asia Pulse - Japan's once-dominant semiconductor industry is now fighting for survival, and the epic struggle is beginning to spread to the factory level. This is how some observers are interpreting the move by Miyazaki Oki Electric Co. to actively court orders from "fabless" ...
INDONESIA'S INDOSAT MIGHT NOT SELL SHARES IN MGTI TO PT TELKOM.
May 01, 2003 ... JAKARTA, May 1 Asia Pulse - PT Indosat (JSX:ISAT) might not sell its 30 per cent stake in Mitra Global Telekomunikasi Indonesia (MGTI) to the Indonesian state telecommunications company PT Telkom (JSX:TLKM). According to Indosat president director Widya Purnama, there is another ...
JAPAN'S FUJI HEAVY TO OFFER MORE SPECIAL EDITION CARS IN FY03.
May 01, 2003 ... TOKYO, May 1 Asia Pulse - Fuji Heavy Industries Ltd. (TSE:7270) plans to sell 11 special editions of its Subaru cars in the first half of fiscal 2003, twice the usual number, aiming for an increase in domestic sales for the first time in four years. A special edition of the Pleo ...
INDONESIA'S TELKOMSEL TO BUILD 1,500 BTS TO BOOST CELLPHONE OPS.
May 01, 2003 ... SURABAYA, E Java, May 1 - PT Telkomsel, a subsidiary of the Indonesian state telecommunications company PT Telkom (JSX:TLKM), will reportedly allocate Rp 5 trillion (US$555 million) this year to build 1,500 base transceiver stations (BTS) all over the country. "The construction ...
BANK INDONESIA'S PROMISSORY NOTE INTEREST RATE DOWN TO 11.6 PCT.
May 01, 2003 ... JAKARTA, May 1 Asia Pulse - The weighted-average interest rate on Bank Indonesia's one-month promissory notes (SBI), based on an auction on Wednesday, fell to 11.06 per cent from 11.8 per cent a week earlier. Bank ...
AUSTRALIA'S PAN PHARMACEUTICALS CONFIDENT OF SECURING LICENCE.
May 01, 2003 ... CANBERRA, May 1 Asia Pulse - Despite being at the centre of Australia's largest health product recall, Pan Pharmaceuticals (ASX:PPH) remains confident it will win back its suspended licence. A senior company spokesman made the claim following a long meeting with the Therapeutic ...
INDONESIA'S PERMATA BANK POSTS US$11.86 MLN FY PROFIT.
May 01, 2003 ... JAKARTA, May 1 Asia Pulse - Indonesia's Bank Permata (JSX:BNLI) has posted a Rp102 billion (around US$11.86 million) profit for the first quarter. The profit was attributed mostly to fee-based income and marketable securities including recapitalization bonds. The ...
BANK INDONESIA CONFIDENT INFLATION WILL REACH PROJECTED RATE.
May 01, 2003 ... JAKARTA, May 1 Asia Pulse - A deputy governor of Bank Indonesia expressed optimism yesterday that the country's inflation rate could reach 9 per cent as originally projected. Stating the reason for her optimism, Miranda Goeltom, deputy governor of Bank Indonesia, said demand was ...
UTSTARCOM SIGNS AGREEMENT WITH INDIA'S TATA TELESERVICES.
May 01, 2003 ... NEW DELHI, May 1 Asia Pulse - Nasdaq-listed wireless and broadband equipment major UTStarcom has announced its agreement with India's Tata Teleservices (BSE:TTML) for supplying 56,000 lines of AN-200 platform to the largest private basic service operator in India. "TTSL will ...
INDONESIA'S 2004 STATE BUDGET DEFICIT EXPECTED TO BE 1%.
May 01, 2003 ... JAKARTA, May 1 Asia Pulse - The Indonesian government has pegged the deficit in the 2004 state budget at one per cent, lower than this year's 1.78 per cent, Finance Minister Boediono said. Speaking at a hearing with the Budget Committee of the House of Representatives (DPR), the ...
INDIA'S BHARTI FLOATS JV WITH TELETECH HOLDINGS.
May 01, 2003 ... NEW DELHI, May 1 Asia Pulse - India's Telecom major Bharti Enterprises has announced a 50:50 joint venture between its subsidary Bharti Teletech Ltd and Nasdaq-listed Teletech Holdings Incorporated, a global player in customer management solutions arena. The JV ...