Fast ferries lose their pace in Asia

Article Abstract:

The fast-ferry construction industry has been affected by the Asian financial crisis, and, as a result, orders are fewer, and some from Asia were frozen. Consequently, fast-ferry firms are searching for business in other areas. Some firms are anticipating an up to two-year hiatus in business from Asia. In Japan, demand is increasing for fast-ferries, but the competition is stiff and bidding prices are low.

Ship Building and Repairing, Shipbuilding & Repair, International aspects, Shipbuilding industry

---

Recovery within three years tipped for Asia

Article Abstract:

Former Bundesbank director Gerd Hausler predicts that the Asian economic crisis, which began in Oct. 1997, will be short-lived. The Bank of Japan appears stable, and Japanese investors will move toward high-yielding Australian financial markets. Hausler expects Australia's gross domestic product will fall by only 0.25 percentage points.

---

Inflation data quells hopes

Article Abstract:

Hopes of a recovery from the Asian economic crisis have been dashed by heightened inflation. Consumer price inflation totalled 32%, 9.5% and 8.9% in Indonesia, South Korea and Thailand, respectively, in Feb 1998 from Feb 1997. Inflation is particularly hard on the poor, as the prices of staples such as rice and flour have skyrocketed.

Prices, South Korea, Thailand, Inflation (Finance), Indonesia, Inflation (Economics)

Similar abstracts:

• Abstracts: Nuisance callers. Trends togetherness, passionate or not
• Abstracts: Barriers to supply chain information integration: SMEs adrift of eLands. Using information on unconstrained student demand to improve university course schedules
• Abstracts: Employee leasing's legal snares. Managing workers' compensation costs at Kelly Services. The budgeting games people play
• Abstracts: Inventory buffers in recoverable manufacturing. Assessing the impact of JIT using economic theory. Management initiatives and just-in-time manufacturing
• Abstracts: Pork marketers just think up another pitch. Fox creates a stir at venue for a show. Local heroes shine in Adland's accolades for its hottest shots

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.