Magazine article Business Asia

Tokyo Taxes Traffic to Ease Congestion

Magazine article Business Asia

Tokyo Taxes Traffic to Ease Congestion

Article excerpt

* Tokyo -- The Metropolitan Government of Tokyo plans to introduce road pricing, or tolls, for downtown city streets by 2003, the Asahi newspaper said without citing sources. The system would use non-stop toll collection technology, along the same lines as the system used in Singapore where sensors automatically deduct the fee from installed pre-paid cards.

-- Bloomberg

* Kuala Lumpur -- Celcom (Malaysia) Sdn Bhd, the largest mobile phone operator in the country, plans to invest more than RM1 billion (US$263 million) on new infrastructure over the next two years. Group executive vice-president Wan Aishah Wan Hamid said the investments would be mainly channelled into building up an information technology platform for integration into its present cellular network.

-- Asia Pulse

* Singapore -- Dell Computer Corp, the world's No.1 direct seller of personal computers, said it is expanding manufacturing plants in Malaysia and China to meet growing regional demand. China, Dell's eighth-largest market is expected to become the company's No.2 market in two to three years.

-- Bloomberg

* Hanoi -- Vietnam will equitise about 500 state-owned enterprises (SOEs) in 2000 under plans drawn up by the Ministry of Finance. Of the 370 SOEs equitised so far, 75 are located in Hanoi and 33 in Ho Chi Mirth City. In 1999, 350 SOEs were turned into joint stock companies.

-- Asia Pulse

* Brisbane -- EXIN Australia has launched into the Asian market, securing its first distribution agent, Kingsen International, in Taiwan. …

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