FURNITURE IMPORTS APPEAL TO SOPHISTICATED JAPANESE TASTES ON A LIMITED BUDGET
TOKYO, Japan -- Japan's 20-something working woman,on a budget, is looking for style, simplicity, design and
sophistication to furnish her trendy apartment. And the need is being met through furniture importers -- whose styles have changed
dramatically in recent years. Previously, imported furniture was dark and heavy -- and European. Today's imports are lighter, more
contemporary styles that appeal to a youth market on a budget. One major furniture retailer in Japan reports that imports accounted for 48% of
sales last year, up from 31% four years earlier. The imported furniture market is now estimated at 822.9 billion yen, nearly double the market size from 1992.
Reader's Comments
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CHANGE IN CHINA'S CONTRACT LAW
CHINA -- According to a new law in China passed by the Chinese National People's Congress,
contracts between foreign and Chinese contracting parties will now be more evenly enforced. In addition,
oral contracts will now be permitted in China. Although this appears favorable for foreign businesses,
contractual clauses are still left to the interpretation of the courts.
(Source: YOUR LINK HERE)
NEW POLICY ON FOREIGN OWNERSHIP IN INDONESIA
INDONESIA -- The Indonesian government now permits foreigners to own 100% of Indonesian
parent companies. This new ruling holds true for all industries except airlines.
(Source: YOUR LINK HERE)
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DIET DRINKS PERMITTED FOR SALE IN INDIA
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EBAY MOVES INTO EUROPE
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MUMBAI, India -- In June 1999, Pepsi Cola was first to market in India with its Diet Cola brand,
following a ruling to permit diet beverages to be sold in the country. However, shortly after the Diet
Pepsi brand hit store shelves, India's health ministry changed its position on diet drinks, now requiring
them to contain 5% sucrose -- which is inconsistent with Pepsi's diet formulation. Sources speculate that
Coca-Cola company is responsible for the lobby against Pepsi's first to market launch. Nevertheless,
Diet Pepsi is said to be selling well in India.
(Source: YOUR LINK HERE)
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LONDON, UK -- The US-headquartered eBay auction site recently opened their first European
headquarters in London. Their goal is to quickly expand throughout the continent. The UK version of eBay
was launched in April 1999, followed by the German site in June through an acquisition of Alando.de.
EBay is one of the largest auction sites in the world, with more than 2 million items posted worldwide. EBAY
in Europe also has links to AOL Europe with links from selected AOL pages.
Reader's Comments
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LAST MINUTE TRAVEL BARGAINS -- Special Discounted
Fares
American Airlines' Net SAAver and Net SAAver International offers last minute travel
bargains for travelers departing from the USA. You can schedule a last minute meeting
or a weekend getaway to selected destinations throughout the USA, Europe, the Caribbean,
Central America or South America each week and benefit from these discounted rates.
Through this program, you can fly at discounted rates, as long as you
can plan to travel on short notice. These low round-trip fares are good for travel
only on the dates specified. They expire on Fridays. Check back each
Wednesday for the week's destinations!
From Chicago O'Hare, IL (ORD) to:
US$449 -- Stockholm, Sweden (ARN)
From Dallas/Ft. Worth, TX (DFW) to:
US$199 -- Cancun, Mexico (CUN)
US$179 -- Guadalajara, Mexico (GDL)
US$169 -- Leon, Mexico (BJX)
From Miami, FL (MIA) to:
US$169 -- Cancun, Mexico (CUN)
US$249 -- La Romana, Dominican Republic (LRM)
US$359 -- Lima, Peru (LIM)
US$309 -- Quito, Ecuador (UIO)
From New York Kennedy, NY (JFK) to:
US$379 -- Aruba, Aruba (AUA)
US$379 -- St. Maarten, Netherlands AN (SXM)
From New York La Guardia, NY (LGA) to:
US$198 -- Nassau, Bahamas (NAS)
From San Juan, Puerto Rico (SJU) to:
US$79 -- Santiago, Dominican Republic (STI)
[Restrictions apply. Check with American Airlines or our
travel service group for details and
confirmation. Not responsible for typographical errors.]
International flight departures leave on Thursday or Friday, September 9 - 10, 1999 .
Thursday departures return anytime the following Monday and Friday departures return
anytime the following Monday/Tuesday.
To take advantage of these last minute bargains,
or any travel needs, Call 1-800-715-4440 and ask for a Net SAAver Domestic or
International Fare. Be sure to give the agent this PIN#: 27035 to book
your flight. Or send e-mail to
travel@pangaea.net, include your name
and telephone number, please.
You can also read the latest news about
Travel & Tourism.
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