Read and in the black: East Asian newspapers are freer - to compete

Article Abstract:

Competition among East Asian newspaper companies intensified due to the greater press freedom in South Korea, Taiwan and the Philippines. This competitiveness has forced the companies to spend increasing amounts of money on advertising and on improving their capital equipment and distribution networks. Competition with other media such as satellite television is also a factor. The five leading East Asian newspaper groups are Hongkong's South China Morning Post, Malaysia's New Straits Times, the Singapore Press Holdings and Thailand's Nation Publishing and Post Publishing.

Marketing, Newspapers, Periodicals, East Asia, Asia, Eastern

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Breaking the jinx

Article Abstract:

Hindalco, the largest aluminum manufacturer in India, hopes to raise $72 million from its 1993 issue of Global Depository Receipts. The company also hopes to end the jinx on Indian international share issues by being the first one to be profitable for investors. Hidalco's GDRs are being priced modestly at 16 times forecasted 1993 earnings. Other foreign interest in Indian securities include two new overseas funds investing in Indian stocks and a convertible Eurobond from Essar Gujarat.

Securities, Aluminum industry, Hindalco

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