BUSINESS
April 25, 1995 | Times Staff and Wire Reports
Financing Completed for Indonesia Plant: A group that includes SCEcorp's Mission Energy Co. unit closed $2.5 billion in financing to build the coal-fired power plant in East Java. The bulk of the funding, $1.82 billion, comes from the Export-Import Bank of Japan, with support from Japan's Ministry of International Trade and Industry, the Export-Import Bank of the United States and the Overseas Private Investment Corp. of the United States. A group of eight commercial banks is also contributing.
BUSINESS
January 11, 1990 | From Times wire services
Daihatsu Motor Co. Ltd. has come up with a new plan to produce compact cars in Poland, company President Tomonaru Eguchi told reporters in Osaka today. The plan was presented today to Polish public vehicle production company Fabryka Samochodow Osobowych. The Daihatsu plan calls for FSO to assemble 6,000 Daihatsu-designed Charade cars annually, with components supplied by Daihatsu in Japan. The phased-in investment will represent no financial difficulties for the Polish firm, said Daihatsu.
BUSINESS
April 25, 1995
A group including SCEcorp's Mission Energy Co. unit in Irvine picked up $2.5 billion in financing, mostly from Japanese banks, to build a coal-fired power plant in East Java, Indonesia. The 1,230-megawatt Paiton Power Project, expected to be operating by late 1998, would be the first large-scale, privately owned power plant in Indonesia.
NEWS
December 19, 1990 | Reuters
Japan added its support Tuesday to the worldwide effort to help the Soviet Union cope with widespread food shortages, saying it will extend $100 million in loans. A Foreign Ministry spokesman said the loans will be made through the Export-Import Bank of Japan. Japan will also offer $3.75 million in food aid and additional medical aid for Moscow through international organizations including the Red Cross, the Foreign Ministry spokesman said.