Counter-attack; corporate America enlarges its role in Asia's economic boom
Article Abstract:
US companies are enjoying a resurgence in Asian economies after lagging behind Japanese companies for a number of years. The burst of the Japanese bubble economy in 1990 has weakened the ability of Japanese companies to compete while US firms have move forward. Most Japanese corporations do not offer non-Japanese employees the same career opportunities that US companies are able to offer to a range of ethnic and international groups. US firms benefit in particular from hiring overseas Chinese who have been educated in the US for top Asian positions.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
Thanks, Fed
Article Abstract:
Lower US interest rates are helping several Southeast Asian companies, both those whose currencies are pegged to the dollar and those to which more US investment is flowing. Singapore, Hong Kong, and Indonesia already seem to have benefitted with new highs, and China, another country in which the US share of all turnover exceeds 10%, cannot be far behind. US portfolio investment in emerging markets could exceed that seen in 1993, when the amount going to the 15 largest topped $5 billion per quarter.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
Widening niche
Article Abstract:
All Asia Capital and Trust Corp (AAC) experienced tremendous growth in the Philippine capital market. AAC could readily obtain long-term US dollar funds with the assistance of World Bank's International Finance Corp, a 10.1% shareholder in the company. As a result, AAC was the only company able to offer dollar denominated long-term leases in spite of the huge exchange risks involved.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1992
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Cluster based branching for the asymmetric traveling salesman problem. Comments on properties of the minmax solutions in goal programming
- Abstracts: How to grow a CEO. Multinational corporate communications: a growth sector. Asea-Brown Boveri: generating new hope for Europe
- Abstracts: Supplier relational behavior: an empirical assessment. Marketing's lead role in quality. JIT procurement and relationship marketing
- Abstracts: The Africa syndrome: India confronts the spectre of a massive epidemic. Minority blues
- Abstracts: Battered but not beaten. Going head to head. Where only records crash: foreign cash drives regional stocks higher