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Article: BRIEFING - ASIA BANKING - AUG 5, 2009.
- Article from:
- AsiaPulse News
- Article date:
- August 5, 2009
CopyrightCOPYRIGHT 2009 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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An executive briefing on banking for Aug 5, 2009, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.
JAPAN HIGHWAY PROJECT DEBT DOWN TO US$322 BLN AS OF MARCH '09
TOKYO - The Japanese government-backed entity in charge of repaying highway construction debt said Tuesday that interest-bearing liabilities stood at 30.73 trillion yen (US$322.6 billion) at the end of fiscal 2008, down 3.73 trillion yen from a year earlier.
The decrease is mostly due to the transfer of about 2.9 trillion yen of debt to the government's general account, a move aimed ...