telecom investor tips sector integration amid slowdown
Article Abstract:
TVG Asian Communications Fund has invested US$157 mn funds in Asia-Pacific communications sector. It invests in Worldxchange Communciation and PowerTel in Australia, CNK in China, and Excelomindao in Indonesia, and BPL in India, Usha Martin Telekom in Calcutta, Bayan Tel in the Philippines and Suntal in Sri Lanka. TVG Venture Group, an adivser to the investment fund company forecast legislators in Hong Kong and Asian region will speed up the intergration of communications services such as cable TV, Internet, telephone banking and broadband services to stimulate current economic downturn.
Comment:
Invests $157 mil funds in Asia-Pacific communications sector
Publication Name: HK Standard
Subject: Business, international
ISSN:
Year: 1998
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shagnhai to raise public house rents by 50%
Article Abstract:
The Shanghai Housing System Reform Office and Community Price Bureau has set a maximum of 50% upward adjustment for public housing rents effective from 1 September 1998. The authorities said it aims at speeding up the housing commercialisation, housing development, narrowing the gap between the cost of buying houses and renting public houses. Higher rents received will be used for public house maintenance and repairs. *
Comment:
China: Shanghai auths set maximum of 50% upward adjustment for public housing rents effective from 9/1/98
Publication Name: HK Standard
Subject: Business, international
ISSN:
Year: 1998
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