He said Japan's power companies were also ready. While Japan's power supply looks safe, many people expect Y2K-related shortages in developing Asia, especially Indonesia. Even at the best of times, Indonesia always has blackouts. Merrill Lynch's Choo agreed and said Indonesia was far from Y2K ready. Asia is so used to power outages.
Critical systems are ready.
A small problem could become a very big one. Asia needs to get its backroom in order. Most agree that well-oiled Singapore is more than Y2K ready as is Hong Kong. China, India and Pakistan appear on most hit lists as places not to be when the technical millennium dawns. In the region only South Korea has an independent Y2K verification body.