90-10-20
16:43
BRITISH EMBASSY TOKYO
14
consumer
consumAZ
Dai-ichi Kate, 3 major Japanese retailer! electronics. has purchased local retail chain electronics and home appliances "System One" for $45.4
illion.
(SCH: Sôi
Zackis, a US retail chain of frozen yogurts, plans to set up
chain
apecialty ACOTEE in XX through licensing at ancements.
(HK Economio Times 90/3)
**
** French department store chain Galaxies Lafayette im looking for a local partner to open a K branch of the department (SCM) 90/41
<tore.
1989
The first local cable TV franchise has bech awarded August
consortium involving American telecommunications operato* US West And Coditel SA of Belgium in addition to legal partners. About $5.5 billion will be apent to build the cable network and the system is expected to be operational by 1991.
iSONE 89/8)
**Europe's second largest insurer, 1'Union des Assurance
Paris has been granted licence to parate
#
in HK.
હતું.
a life insurer
to Rabobank
New bank licences have recently been granted Nederland and Mishi-Nippon Bank, the first two granted after June 1988. The number of licensed banks in HK HOW totals 166, of which 135 are foreign banks.
1
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INDUSTRIAL INVESTMENTS
Motorola
320,000
of the US is building
解
"silicon Harbour" of
ft. at Tai Po Industrial Estate to manufact state-of-the-art semi-conductors, at cost US$100 million and due for completion in late 1990.
{SCMF E8/8)
GP Plastics, a subsidiary of the General Electric Co. of the US, plans to build a thermoplastics compounding plant at Yuen Long Industrial Estate.
(HK Standard 88/12)
US electronics manufacturer Molex has opened a $90 million plant in Sha Tin te manufacture electronic connectors,
Alpha Metals, the Far East headquarters of US Alpha Metals Inc. and a leading supplier of solder/soldering chemicals Lo the electronics industries in S.E. Asia, has opened $62,4 million plant in Yau Tong Bay to double its production capacity.
Inc.
new
Construction of a $60 million technical centre by Himons of the US at Tai Po Industrial Estate to manufacture polypropylene composites has been completed in March 1990.
(SCNP 90/
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