Business Services Industry
Matsushita eyes Asian, BUSINESS TIMES
Business Times (Malaysia), June, 2002 by Norzuhaira Ruhanie
Business Times (Malaysia) 06-03-2002 MATSUSHITA Electric Industrial Co has selected Malaysia as a base to capitalize on the 500-million-consumer market of the Association of South- East Asian Nations (Asian) free trade area. The company is expected to open an Asian regional sales office for its air-conditioning group (ACG) in Malaysia this October.
Matsushita Industrial Corp Sdn Bhd (Maico) group managing director Shuji Yasuda said the move will help to position the group to take advantage of the Asian Free Trade Area (Afta). "I have made a request to the ACG director since Afta will start next January," Yasuda told Business Times in an interview. He said that the main reason for the request is because he expects aggressive competition to capture...
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