Investing in the future

Article Abstract:

Foreign electronic companies are investing heavily in Asia despite the slow growth in exports in 1996. Billions of dollars are poured into the construction of new manufacturing plants and research and development facilities. The manufacturers move into Asia because of the region's cheap labor costs, attractive investment incentives and a fast growing consumer market. Some are wary, though, of a possible overcapacity in the market once these new plants start their operations.

Foreign investments, Investments, Asia, Electronics industry

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Profit gains cement economic resurgence

Article Abstract:

The economic recovery of Japan and the weakening of the yen against the dollar have enabled Japanese companies to post significant profit gains in 1997. Japanese automaker Nissan Motor Co. was able to post gains in consolidated net profits amounting to 77.7 billion yen for the year ending March 31, 1997. The gains were significant since the 1996 performance of Nissan posted losses amounting to 88.4 billion yen.

Electronic computers, Motor vehicles and car bodies, Computers, Electronic Computer Manufacturing, Automobiles, Automobile Manufacturing, Japan, Finance, Economic development, Sony Corp., Nissan Motor Company Ltd., Casio Computer Company Ltd.

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