Labels:text | screenshot | sky | billboard OCR: BUSINESS & INDUSTRY Bank benefitted from policies laid down by cau- country's rise from underdeveloped state to Tiger tious bureaucrats, Hong Kong's Guoco (via its Dao Cub by selling chicken, the cheapest form of meat Heng Bank) and Malaysia's MBf Holdings (via MBf protein available to its 155 million Muslims. Capital) represent a new breed of more aggressive In more prosperous parts such as Hong Kong, bankers who have provided greater choice for con- Malaysia and Korea, companies have thrived by sumers. selling sophisticated financial services, cars and Financial-services groups also have benefitted telecommunications. Indeed, three of the list's larg- from the extraordinary growth environment that est companies in terms of 1992 sales were auto has enveloped much of Asia during the past dec- distributors. Korea's Hyundai Motor Service rose to ade. By funding booming trade, surging property the top spot in total sales by selling its group's markets and escalating consumer spending on cars within Korea. Also among the largest compa- one hand, and cashing in on bullish stock markets nies are Hong Kong's Jardine International Motor and mergers and acquisitions on the Telecommunications companies other, they could not in the more pros pero us parts of have had it better. the region are thriving The ASIA, INC. Gro- wth 88 list reflects the different stages of de- velopment in various Asian countries. Top- ranking Japfa Com- feed Indonesia, for in- stance, has emerged SIBERIA in tandem with its
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