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Article: BUSINESS IN ASIA TODAY - MAY 24, 2000.

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AsiaPulse News
Article date:
May 24, 2000
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Business in Asia on May 24, 2000. A summary prepared by Asia Pulse(http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, market intelligence and business opportunities:

JAPAN'S HITACHI ZOSEN, NKK IN SHIPBUILDING TIE-UP TALKS

TOKYO - Hitachi Zosen Corp and NKK Corp will discuss a possible alliance in shipbuilding operations. By March 2001 the firms plan to outline ways to co-operate in the design, parts procurement, manufacturing and sales of their shipbuilding divisions. The move is aimed at improving cost competitiveness amid increasing competition from South Korean rivals. A tie-up would create Japan's second largest ...

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