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June 9, 2000 VOL. 29 NO. 22 | SEARCH ASIAWEEK

Where to Stash Those Illicit Billions

The Group of Seven industrialized nations released a study of the world's tax havens. Hong Kong, Luxembourg, Singapore and Switzerland came out on top. They were judged to have a good legal framework and level of supervision, as well as a solid record of cooperation with other authorities when it comes to tracking the movement of money. Where do you go if you don't want your cash tracked? The G7's Financial Stability Forum cited these countries, right, as being in Group III. They are, the FSF says, "largely of a lower quality" than those in groups I or II.

Source: Group of Seven Financial Stability Forum

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COVER: President Joseph Estrada gives in to the chanting crowds on the streets of Manila and agrees to make room for his Vice President

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COVER: The DoCoMo generation - Japan's leading mobile phone company goes global

Bandwidth Boom: Racing to wire - how underseas cable systems may yet fall short

TAIWAN: Party intrigues add to Chen Shui-bian's woes

JAPAN: Japan's ruling party crushes a rebel at a cost

SINGAPORE: Singaporeans need to have more babies. But success breeds selfishness

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From Our Correspondent: Hirohito and the War
A conversation with biographer Herbert Bix

From Our Correspondent: A Rough Road Ahead
Bad news for the Philippines - and some others

From Our Correspondent: Making Enemies
Indonesia needs friends. So why is it picking fights?

Korea: Countdown to the Seoul-Pyongyang summit -- what the parties hope to achieve, and what it means for the big powers
Enterprise: The business of reuniting families
Expectations: What ordinary people think -- and feel

Jet Set: The wired world may have its charms, but hang up the mouse and do some real -- not virtual -- trekking
Celebrities: Where some big names have a great time
Glory Days: The discreet charms of Asia's landmark hotels

Regional Security: As China and the U.S. square off strategically, the lack of cooperation between Asian nations may make them pawns in the game
Arms Race: Control argreements are close to breaking
Escalation: What the future holds for the region
Who's Got What, Where: A map of the military situation

PHILIPPINES: A nation adrift

SINGAPORE: Dealing with AIDS -- and with gays

Interview: Lee Kuan Yew on where Asia is headed

Viewpoint: Banning child soldiers

Health: A series of mixed signals over cellphone dangers

Newsmakers: China and India sit down to business

The Net: Saving money with e-procurement

Cutting Edge: Bill Gates in cute fluffy ducky shock

Cyberscrapers: Hong Kong's IT companies are clustering all over the city. Is the $1.7-billion Cyber-Port really needed?

IPO Watch: Postponements in Singapore cool Internet fever

Investing: Reading Asia's skittish stock markets

Business Buzz: Are Hyundai's problems over?

Megatrend: Don't look now, but a community of East Asian nations is starting to take shape

Indonesia: Jakarta must tackle Ambon's intensifying mayhem

Question of pace in Singapore

This week's news round-up by country

The Bottom Line: Asiaweek's ranking of world economies, now online

Monitor: Where to stash those illicit billions

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