TOKYO (Dow Jones)--Vietnamese Prime Minister Phan Van Khai Thursday asked Japanese Finance Minister Masajuro Shiokawa to continue Japan's fiscal support for Vietnam, according to a senior official at Japan's Ministry of Finance.
TOKYO (Dow Jones)--Malaysian Prime Minister Mahathir Mohamad said Thursday the Malaysian government currently has no intention of changing its fixed exchange rate regime for the ringgit.
TOKYO (Dow Jones)--Japan's banks haven't been disposing of their problem loans at a satisfactory rate, Japan's minister in charge of the financial system said Thursday.
TOKYO (Nikkei)--Asian nations should form a free trade alliance encompassing the entire region, a top foreign ministry official said Thursday.
The growth of the IT industry in China and India is "so fast as to fill me with awe," NEC Corp. (6701) President Koji Nishigaki said. "Japan hasn't yet woken up to the seriousness of the situation."
TOKYO (Dow Jones)--Cambodia's economy grew 5.4% last year, faster than previously estimated, Prime Minister Hun Sen said Friday, vowing that the government remains committed to growth.
TOKYO (Dow Jones)--Malaysian Prime Minister Mahathir Mohamad Friday proposed the world adopt a single international currency for central banks' international reserves, in a speech on globalization.
TOKYO (Dow Jones)--The Secretary-general of Japan's ruling Liberal Democratic Party said Friday that the Bank of Japan will need to adopt new monetary easing steps in order to prevent deflation from deepening as the government follows through with financial system reforms.
TOKYO (Nikkei)--Japan will strive to promote comprehensive bilateral and multilateral relations with Asian nations centering around the Japan-U.S. alliance, Prime Minister Junichiro Koizumi said at a banquet for the Future of Asia conference Thursday.
TOKYO (Nikkei)--The government needs to draw up clear-cut guidelines to enhance the transparency of corporate rehabilitation through such means as bank debt waivers, Hakuo Yanagisawa, minister of state for the Financial Services Agency, said Thursday.
TOKYO (Nikkei)--Malaysian Prime Minister Mahathir Mohamad said Thursday that he would like to work toward establishing an Asian Monetary Fund.
TOKYO (Nikkei)--Vietnamese Prime Minister Phan Van Khai promised improved legal and investment conditions for foreign firms operating in his country in a speech given to the seventh Future of Asia conference on Friday.
TOKYO (Nikkei)--Park Jae-kyu, former South Korean unification minister, told the Future of Asia conference Friday that dialogue with North Korea is likely to continue.
TOKYO (Nikkei)--Malaysian Prime Minister Mahathir Mohamad on Friday proposed the creation of a single international currency that would anchor global trade.
East Asian economic integration demands a delicate balance against China's emergence as a regional superpower, and leaders of 12 Asian nations said they are looking to Japan and the U.S. to provide just the right counterweight. At an international conference hosted by Nihon Keizai Shimbun Inc. last week in Tokyo, leaders in government, business and academics said guidance by Japan and the U.S. will be crucial to ensure peace and sustained economic development in the Asia-Pacific region.
At the 7th International Conference on "The Future of Asia," sponsored by Nihon Keizai Shimbun Inc., specialists on the region stressed the importance of cooperation in East Asia and Japan's economic recovery. Three keynote addresses were delivered by prime ministers: Mahathir Mohamad of Malaysia, Phan Van Khai of Vietnam and Hun Sen of Cambodia. Following are highlights from the conference, held in Tokyo June 7-8.

"India, China IT set for center stage"

Panel Discussion: June 7, 2001
Min Weifang, chairman of Peking University Founder Group Corp. of China; Narayana Murthy, chairman and chief executive officer of Infosys Technologies Ltd. of India; and Koji Nishigaki, president of NEC Corp., gave lectures and discussed "How are Information-Technology Industries Changing the Asian Business Scene?" The following is a summary of the discussion, which covered such issues as strengthening cooperation between industry and schools, the IT industry's contributions in job creation, and the sharp growth of the IT industry in China and India:
Spurred by the recent discord between China and the U.S., the 7th International Conference on the Future of Asia, sponsored by The Nihon Keizai Shimbun, was marked by discussion of economic cooperation as a means of assuring regional stability and peace.
A businessman and a politician from Japan and a government minister from Singapore expressed their hopes for Japan's economic recovery during a panel discussion on the "Japan's Role in Regional Growth and Stability."

"Stronger financial markets crucial"

Panel Discussion: June 7, 2001
Under the theme "Asian Financial Markets: Requirements for Attaining Maturity," panelists agreed that it is indispensable for Asian nations and regions to strengthen cooperation toward stabilizing currencies in the area by, for instance, forming broader currency swap agreements.
Panelists at the discussion on "Scenarios for Regional Integration" were Supachai Panitchpakdi, former deputy prime minister and minister of commerce of Thailand, who is now director general designate of the World Trade Organization; Yoo Sang-boo, chairman and chief executive officer of South Korea's Pohang Iron & Steel Co.; Shigeji Ueshima, chairman and executive director at Mitsui & Co.; and Noordin Sopiee, chairman of the Institute of Strategic and International Studies (ISIS) in Malaysia.
Titles of speakers, names of companies, etc., were correct as of the time when the forum was held.