Global cash is again destined for Asia
Article Abstract:
Foreign firms and businesses are investing in Asia because of its optimistic financial and economic outlook. The trend is triggered by the enhanced macroeconomic environment in the region, which is predicted to achieve an economic growth of 7% to 8% in 1997. Interest rates are also seen to either decline or maintain standing, while earnings growth will hit mid-teens. Analysts say that Taiwan and Malaysia are good investment areas due to their strong earnings growth, and the same thing is true with Hong Kong in spite of its scheduled handover to China in 1997.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1997
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Tung family firm steers away from shipping roots
Article Abstract:
Orient Overseas (International) Ltd. of Hong Kong has begun offering specialty-cargo services and is diversifying its operations to improve shrinking profit margins brought about by overcapacity in shipping. The shipping industry slump has caused many mergers among firms such as Nedlloyd Groep NV of the Netherlands and Peninsular & Oriental Steam Navigation Co. of the UK. Meanwhile Orient Overseas, under the leadership Tung Chee Chen, plans to raise its non-shipping interests to 25% of the company's assets.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1997
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Asia's money-management firms boost client convenience
Article Abstract:
Fund management companies all over Asia are trying to make it easier for investors to buy units in their funds by using devices ranging from pay-by-phone systems to credit cards to the Internet. The Internet technology is particularly useful to fund managers because it maintains investor awareness and offers the convenience that clients are looking for. In addition, the Internet enables them to expand their presence across Asia.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1996
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