The Financial Express -- Economy

Sunday, June 1 1997

US Congress to consider pro-India amendment

The US Congress will consider next week an amendment to the foreign aid bill urging president Bill Clinton to work closely with India and support New Delhi's initiatives aimed at restoring peace in Asia.

Hong Kong business faces threat from underworld

Hong Kong is considered to be one of the safer, less corrupt places in Asia to do business, but for how much longer? International businessmen in Hong Kong are more afraid of Hong Kong's triad societies ruining the colony's business environment after the June 30 handover.

Singapore wages to be moderate

Wage increases in Singapore should be moderate in 1997 in line with the economy's slower pace of growth since last year, the ministry of labour said.

Thai gems trade loses sheen

World Briefing -- More foreign finance bodies do business in China

Gujral to offer options on petro-price hike

Reserve Bank to shift staff for NBFC registration

Naidu to rope in management wizards for Vision 2020