Taiwan quake highlights Y2K concerns about region

Article Abstract:

Business experts have expressed apprehension over the Y2K-readiness of power generating firms in Asia, as it would determine the long-term success of the industrial sector in the next millenium. According to them, massive power failures in the continent may affect industries in the global scale since Asia is a major source of industrial products and services for multinationals. The seismic activity which struck Taiwan during the last week of Sep 1999, for instance, generated serious problems in the country, halting the production of major computer chip manufacturers.

Semiconductor Devices, Semiconductor and Related Device Manufacturing, Computers, Electronic Computer Manufacturing, Financial analysis, Taiwan, Computer industry, Semiconductor chips, Integrated circuits, Year 2000 transition (Computers), Natural disasters

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Asia's hurdles may be steep; efficient output could ease effects of deflation

Article Abstract:

Deflation, characterized by falling consumer or wholesale prices, has struck in several Asian countries including Japan, China and Hong Kong. Morgan Stanley analyst Ajay Kapur says that deflation is not always bad since falling prices can lead to stock price increases. However, he also says that only a small number of Asian companies can operate in an deflationary environment. Companies that are capable are those that are efficient with high asset-turnover ratios.

Administration of Urban Planning and Community and Rural Development, Economic Development NEC, Analysis, Economic development, Deflation (Finance), Deflation (Economics)

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Evolution, not revolution in corporate governance: attitudes on managing aren't being transformed by Asia's crisis as quickly as some had expected

Article Abstract:

The collapse of the Asian currency and stock markets in 1997 failed to effect a change in corporate managers. Numerous managers and majority shareholders have concentrated on enduring the chaos, instead of embarking on changes that would appeal to international investors. Investors hoped, in a bid to draw much-needed overseas funds, that managers would be more straightforward with outsiders regarding their ideas and their fiscal matters.

Management Functions, Corporate governance

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