Sunday, August 23, 1998
Swisscom thinks big, plans to scour emerging markets
Swisscom AG chairman Markus Rauh said the state-owned Swiss telecommunications provider would seek to grow beyond its home market, emphasising the mobile phone sector especially in emerging markets.
HK heading for prolonged recession, says Tung
Hong Kong's chief executive Tung Chee-Hwa, has acknowledged that the lingering Asian financial crisis has plunged the territory into a prolonged recession.
Pak retracted under pressure from US: Experts
The decision by the Pakistan Foreign Office to retract an earlier statement has led to what one newspaper describes as ``international embarrassment'' for Pakistan. But few in Pakistan could give an idea as to what went behind the retraction and what prompted Pakistan to back-track on its earlier statement.
|
|
