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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?

To: Bill Ounce who wrote (9466)	12/9/1999 10:29:00 AM
From: Bill Ounce	Read Replies (2) \| Respond to of 9980

c.s.y2k Another Y2K Bunker: Malaysia From: "flw" <flw@together.net> Newsgroups: comp.software.year-2000 Subject: Another Y2K Bunker: Malaysia Date: Wed, 8 Dec 1999 13:54:30 -0500 [...] Another Y2K Bunker for the great "non event." Quite fascinating this Rationality Disconnect. All these pols bleating about Nada Nada will happen yet they all are feverishly installing their own Big Shot Y2K Bunkers. This is Bunker Bonkers! flw NY TIMES December 8, 1999 Malaysia Builds Y2K Command Post Filed at 1:27 p.m. EDT By The Associated Press KUALA LUMPUR, Malaysia (AP) -- Amid the roar of power saws and tangle of computer cable, workers put the final touches Wednesday on a Y2K command center to monitor Malaysia's transition to the new millennium. Come New Year's Eve, technology gurus, police and National Security Council officials will gather at the million-dollar National Y2K Operations Center for a round-the-clock vigil over the Southeast Asian nation. >From the control center, authorities will watch for power failures, computer crashes and any minor disruption in 132 districts throughout Malaysia's 13 states. Surveillance will continue nonstop from Dec. 30 to Jan. 4. If all goes according to the flow chart, outlying districts and state Y2K centers along with key government agencies will file detailed hourly updates to the capital's command post via the Internet. ''If the Internet shuts off, we go to fax and phones. If that fails, we've got radio communications. Short of that, messenger boys will be on standby,'' Noriyah Ahmad, chief coordinator of the National Y2K Project Team, said during a tour of the facility. [...] ''It's either going to be a mess or a big party,'' Khairul Azmy Kamaluddin, a health ministry official, said above the noise of a power drill. ''We just hope it's not going to be havoc.

To: Bill Ounce who wrote (9466)	2/17/2000 10:15:00 AM
From: Bill Ounce	Read Replies (1) \| Respond to of 9980

USA Today: Japan's economy dips, threatens U.S. boom usatoday.com usatoday.com Japan rating may be cut TOKYO -- Japan may soon lose its ''Aa1'' credit rating from Moody's Investors Service because of a budget deficit that is almost 10% the size of the economy. A lower credit rating may be the price Japan has to pay for relying on government spending to keep the world's No. 2 economy afloat. While other major industrial nations are reducing debt --the USA plans to buy back $30 billion of Treasuries -- Japan is borrowing record amounts. ''By mid-decade Japan will have a very large public sector debt no matter how you define it, and will have reached levels not seen in any industrialized country since the 1920s,'' Vincent Truglia, head of Moody's sovereign risk unit in New York, said in an interview. A downgrade would be the second by the rating company since November 1998. At that time, the country was stuck in its longest recession in 50 years and business confidence was near its worst ever.