Japanese resistance to change lessens
Article Abstract:
Corporate restructuring in Japan may be more gradual in comparison to the US but has become so prevalent an issue that the Japanese have even coined a new word for it: 'ristora.' Goldman Sachs noted that 539 firms listed on the Tokyo Stock Exchange have already announced restructuring plans, and analysts say that the fight to become more competitive internationally has resulted in a convergence of forces which is accelerating Corporate Japan's downizing. They include consolidation in the banking sector, more foreign investment, and growing acceptance of downsizingamong firms.
Publication Name: USA Today
Subject: News, opinion and commentary
ISSN: 0734-7456
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
Cyberspace cafes catching on abroad
Article Abstract:
Cafes offering access to the Internet continue to proliferate all over the world. Internet cafes renting personal computers by the minute or hour, estimated at between hundreds and thousands worldwide, have sprung up in places such as Thailand, Vietnam, Hong Kong and Cambodia. These cafes, which started in the US in 1995, provides its customer with a number of benefits that include the ease of keeping in touch with one's correspondences, procuring travel information and is a cheaper substitute for hotel e-mail service.
Publication Name: USA Today
Subject: News, opinion and commentary
ISSN: 0734-7456
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Ruling prompts Microsoft to allow changes. Microsoft asks for time on breakup. Justice leaning toward Microsoft breakup
- Abstracts: E-signing law seen as a boon to e-business. Doctors Use Nanotechnology to Improve Health Care. Criticism of Drug May Leave Pfizer Awash in Lawsuits
- Abstracts: Deutsche Telekom targets Sprint. Coke faces snags in possible $16B Quaker deal
- Abstracts: Failing anchor stores punch holes in malls. Now, harried shoppers can take control at supermarkets. Like, be hip or be gone in teen clothes market
- Abstracts: La Guardia lottery aims to reduce flight delays. FAA targets wires in hard to reach areas. Hurdles challenge new N.Y. flights