Go north

Article Abstract:

Australian companies are entering the Asian market hoping to gain access to higher growth rates than are possible in Australia. Leading the way is CSR, a large construction materials company, which has just sold 25% of its Asian operation to Robert Kuok. He is a Malaysian tycoon with extensive Asian connections. Close behind are a transport and logistics firm, a food ingredients company, and a mining concern. These companies have operations in countries such as Thailand, Indonesia, China, Vietnam, Laos, and New Guinea.

Nonmetallic Mineral Product Manufacturing, STONE, CLAY, AND GLASS PRODUCTS, Construction Materials, Australia, Building materials industry, Building materials, Asia, CSR Ltd.

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From the bottom up

Article Abstract:

Australian Gas Light Co. (AGL), under managing director Len Bleasel, is getting ready for the deregulation of the Australian gas market. Utilities nationwide are observing the actions of AGL, as the company dominates eastern Australia, where deregulation will commence. Bleasel, who has worked for AGL since 1958, beginning as an apprentice plumber, was aware of plans for deregulation in 1990 when he assumed his current position. He treats deregulation as a chance for expansion.

Officials and employees, Biography, Gas industry, Deregulation, Australian Gas Light Co., Bleasel, Len

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Take no chances

Article Abstract:

Executives at the Australian telecommunications company Telstra are working hard to ensure that the state-owned organisation is in good shape for its partial privatisation in Jul. 1997. They have cut back on staff and diversification to help the company survive aggressively competitive free market conditions. The company, currently occupying two-thirds of the market, expects rivalry for market share from Optus Communications.

Telecommunications services industry, Telecommunications industry, Market share, Privatization, Privatization (Business), Telstra Corporation Ltd.

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