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Asian Economic News

Ansett grounds planes for New Year’s eve on Y2K fears

Ansett grounds planes for New Year’s eve on Y2K fears SYDNEY, Sept. 29 Kyodo Australia’s Ansett Airlines said Wednesday it will suspend all domestic and international flights on New Year’s eve, claiming public concern over the millennium bug has resulted in insufficient customer demand. All services will stop over a 13-hour period from 11 p.m. […]

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Asian Economic News

report

Telecom power balance shifting to Asia-Pacific: report HONG KONG, Dec. 4 Kyodo The world’s telecommunications power balance is shifting toward the Asia-Pacific region, which is expected to take up nearly half the global market by 2010, the International Telecommunication Union (ITU) said Monday. In its report on the latest Asia-Pacific telecommunications indicators released in Hong […]

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Asian Economic News

FDI flows into ASEAN showing signs of upturn

FDI flows into ASEAN showing signs of upturn SINGAPORE, Feb. 14 Kyodo Foreign direct investment (FDI) into Southeast Asia is showing signs of a recovery, rising 5% in the first half of last year over the same period the previous year, according to data compiled by the Jakarta-based Association of Southeast Asian Nations (ASEAN) Secretariat. […]

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Asian Economic News

Macao marks 5th anniversary of return to China

Macao marks 5th anniversary of return to China HONG KONG, Dec. 20 Kyodo Macao celebrated the fifth anniversary of its return to China on Monday, with more than 200 Chinese dignitaries, local leaders and citizens attending a flag-raising ceremony. The ceremony at the Golden Lotus Square in the center of the city was followed by […]

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Asian Economic News

Afghanistan’s Ariana Airlines hopes to rule the skies

FOCUS: Afghanistan’s Ariana Airlines hopes to rule the skies KABUL, May 23 Kyodo Afghanistan’s Ariana Airlines is back in full swing as it tries to achieve its former heyday before the nation plunged into decades of civil war and strife. Ariana was South Asia’s foremost airline in the 1960s and 1970s when the country’s political […]

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Asian Economic News

Fukuhara to join Beijing club of China’s top league

Table tennis: Fukuhara to join Beijing club of China’s top league TOKYO, Dec. 24 Kyodo Japanese table tennis player Ai Fukuhara will join Chinese Super League powerhouse Beijing on a one-year professional contract, table tennis officials said Friday. Fees for tournament appearances and victory bonuses feature in the deal for Fukuhara, which will run from […]

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Asian Economic News

Singapore to fling telecom market wide open

Singapore to fling telecom market wide open SINGAPORE, Jan. 21 Kyodo The Singapore government said Friday it will open the telecommunications market completely from April this year instead of in 2002 as earlier scheduled. The industry “is changing so dramatically, and industry players and other countries are moving so quickly, Singapore would be left totally […]

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Asian Economic News

Hakuhodo, Asahi Advertising to tie-up in TV, radio ads

Hakuhodo, Asahi Advertising to tie-up in TV, radio ads TOKYO, Feb. 5 Kyodo Advertising agencies Hakuhodo Inc. and Asahi Advertising Inc. said Tuesday they will tie up in the field of broadcast media commercials from April. Under the partnership, Asahi Advertising will commission broadcast orders for television and radio advertising to Hakuhodo to make full […]

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Asian Economic News

8 killed, 9 survive in Lao plane crash

LEAD: 8 killed, 9 survive in Lao plane crash BANGKOK, Oct. 20 Kyodo (EDS: UPDATING WITH CRASH SITE REACHED, SURVIVORS EVACUATED, DEATH TOLL) At least eight people, including three foreigners, died in the crash of a Lao Aviation passenger plane in the northern district of Xamneua on Thursday, an airline official said Friday. But nine […]

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Asian Economic News

Philippine schools ban cell phones

Philippine schools ban cell phones MANILA, July 21 Kyodo The near-constant jangle of cellular phones and pagers going off in restaurants, theaters, concerts and commuter trains has become a modern-day irritant known most of the world over. But irritation alone was not enough for Philippine school officials to have taken the possibly unprecedented step of […]