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MAY 19, 2000 VOL. 27 NO. 19 | SEARCH ASIAWEEK

Monitor
Rebounding Economies Bounce Prices Too

In 1999, world inflation fell to its lowest level in 40 years. For industrial economies it was 1.3%. Rising world oil prices drove up costs to consumers, though fuel prices are now starting to recede. The Asian Development Bank says so far increased productivity has kept the lid on global prices, helped by scant real-wage increases, particularly in Asia. But the ADB warns that the region's re-heating economies, nudged by more costly oil and labor, will soon start making life more expensive.






Source: Asian Development Bank

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WASHINGTON
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MANILA
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ALLAHABAD
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COLOMBO
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TOKYO
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TIME:

COVER: President Joseph Estrada gives in to the chanting crowds on the streets of Manila and agrees to make room for his Vice President

THAILAND: Twin teenage warriors turn themselves in to Bangkok officials

CHINA: Despite official vilification, hip Chinese dig Lamaist culture

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WEB-ONLY INTERVIEW: Jimmy Lai on feeling lucky -- and why he's committed to the island state



ASIAWEEK:

COVER: The DoCoMo generation - Japan's leading mobile phone company goes global

Bandwidth Boom: Racing to wire - how underseas cable systems may yet fall short

TAIWAN: Party intrigues add to Chen Shui-bian's woes

JAPAN: Japan's ruling party crushes a rebel ì at a cost

SINGAPORE: Singaporeans need to have more babies. But success breeds selfishness


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  ASIAWEEK'S LATEST
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  THIS EDITION
SPECIAL REPORT
Investing Power: The fight to win some of the $1 trillion in postal savings deposits maturing over the next two years is speeding a climatic change in Japan's economic environment
Women: Will their love affair with investing blossom?
Economy: Consumers are still reluctant to spend

Travail: A microcosm of Japan in one family's compelling tale

EDITORIALS
Kidnappings: How Manila should tackle the southern crisis

Telecommunications: On auctioning 3G phone licenses

THE NATIONS
PHILIPPINES: Estrada's handling -- and mishandling -- of the Abu Sayyaf hostage crisis
Perspective: The view from Malaysia
Hostilities: How Manila and the MILF slipped into war

SRI LANKA: Tamil rebels advance on Jaffna Peninsula

Security: Cross-strait tensions on the eve of Chen's inauguration

INDIA: Man-made problems behind the drought

ARTS & SCIENCES
People: Is Gong Li too glamorous for university?

Cinema: A movie-time peek into North Korea

Auctions: The controversy over sales of looted Chinese relics

Craft: A sculptor gives a new twist to an ancient folk art

Health: Don't underestimate the danger of hepatitis

Newsmakers: Thaksin taxed by a cell phone solution

TECHNOLOGY
Virus: Catching the Love Bug in the Philippines

Cutting Edge: Tokyo's robot waitress goes to work

BUSINESS
Power: And phones too -- that's the new winning combination Asian utilities are aiming to cash in on

Merger: What the Shinsegi-SK Telecom marriage means for the cellular phone industry in Korea

Investing: What big interest-rate hikes will mean

Viewpoint: Stock markets will take a big hit

Biz Buzz: Chiang Mai Initiative: an AMF in disguise?

LETTERS
School Fight

NEWSMAP
This week's news round-up by country

STATISTICS
The Bottom Line: Asiaweek's ranking of world economies, now online

Monitor: Rebounding economies bounce prices too


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