Vietnam's rent-a-police-car policy smooths bumpy roads and other travails of traveling
Article Abstract:
Vietnam's security agencies are leasing Japanese four-wheel-drive vehicles to customers who want to travel safely and comfortably from Hanoi to Ho Chi Minh City. The vehicles are a welcome relief to tourists who want to avoid the traffic because the authorities are often given priority in checkpoints and ferry crossings. Tourists also benefit from the authorities' knowledge of business opportunities. The police officials believe that there is nothing wrong from making money out of a bad situation and even claim that they are contributing to the country's tourist industry.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1996
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Safety, Japanese presence top list of attractions Cebu promotes to prolong its wave of investment
Article Abstract:
Cebu City, Philippines cites a low criminality rate and the presence of Japanese companies in luring investors to the area. The city has a crime rate which is 40% lower than that in Manila, attracting a number of Japanese executives who claim to feel safe there. Kidnapping of businessmen had been rampant in Manila in the early 1990s, driving investors to Cebu. An imminent influx of Japanese investors is expected to push the city towards industrial development.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1995
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Manila faces challenge of sustaining recovery
Article Abstract:
Philippine Pres. Fidel Ramos' economic program has spurred impressive growth in the country. The program has been successful in easing foreign exchange regulations, deregulating telecommunications monopolies and attracting foreign investment. However, political analysts warned that the achievements of the Ramos administration could rapidly disappear when the president's six-year term ends in 1998.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1995
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