Investors look to Orogen IPO with aloofness and some doubts

Article Abstract:

The Papua New Guinean government is set to offer initial public offerings of shares in Orogen Minerals, which is responsible for some of the country's biggest gold, copper and oil projects. However, investors and analysts are not enthusiastic about the offer because of the country's laws that impede investors from making as much profit as they would want to. Furthermore, the fear of shouldering environmental damages as a result of Orogen's activities inhibits many would-be investors from immediately taking advantage of the public offering.

Mining & Extractive Industries, Mining, Mining industry, Securities, Mineral industry, Papua New Guinea, Orogen Minerals

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New pay-TV venture in Australia takes on Australis as partner

Article Abstract:

Australis Media (Australis) has joined News Corporation Ltd. (News Corp.) and Telstra Corp. as the third partner in their Foxtel Pty. pay-TV venture. Under the terms of the agreement, News Corp. and Telstra will each pay $52.5 million for separate 8.3% shares in Australis. For its part, Australis will have the option to acquire a 20% stake in the joint venture. The three firms have signed the agreement but it is still subject to approval from Australian regulatory authorities.

Cable Networks, Cable and other pay TV services, Pay Television, Joint ventures, Cable television, The News Corporation Ltd., Pay-per-view television, Telstra Corporation Ltd., Subscription television, Australis Media

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Telecom rush fires job push: demand surges for information executives

Article Abstract:

Deregulation and liberalization of Asia's telecommunications industry are spurring demand for information technology (IT) executives, according to headhunting firm Korn/Ferry International. The firm said demand for IT executives has increased about 20% to nearly 800 searches for the firm between Jul 1, 1996, and Jun 30, 1997, from 1995. Computer hardware makers were the most frequent client, demanding 67 searches.

COMMUNICATION, Communications, Broadcasting and Telecommunications, Personnel Supply Services, Employment Services, Telecommunications services industry, Telecommunications industry, Supply and demand, Surveys, Employment, Executives, Korn-Ferry International

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