In Wednesday's Asia Papers

09 April 2008 02:00  [Source: ICIS news]

ASAHI SHIMBUN, Japan

Front page

 

Shirakawa set to be youngest central bank chief since '56

When Masaaki Shirakawa wins Diet approval today to head the Bank of Japan, he will become the first person in his 50s to step into the role in over half a century.

 

200 million Yen in ivory goes up in smoke

Nearly 3 tons of smuggled ivory, mainly tusks from African elephants, were incinerated by customs authorities following a record seizure at Osaka Nanko Port in 2006.

 

Business & Industry

 

No new updates

 

CHINA DAILY, China

Front page

 

Dalai's brag about 'peace' is nothing but lie

The Dalai has proved with his acts that his brag for "peace" and "non-violence" is nothing but lie.

 

Smuggled relics to be sent home

Some 156 Chinese cultural relics smuggled to Denmark two years ago are expected to return to Beijing tomorrow following a local court ruling in February to that effect.

 

Business & Industry

 

Entrepreneur confidence index remains stable in Q1
China's entrepreneur confidence index remained stable amid prospects of a global economic slowdown, official statistics showed.

 

Goldman Sachs: China Q1 GDP to grow 10%
Goldman Sachs said it expects China's first quarter economic growth to slow to around 10 percent, mainly due to slowing net export growth.

 

TAIPEI TIMES, Taiwan

Front page

 

IOC mulls dropping international relay

Senior Olympic officials yesterday raised the prospect for the first time of abandoning the international legs of the Beijing Games torch relay, amid a wave of protests targeting the flame overseas.

 

Ma turns down drill invitation

President-elect Ma Ying-jeou yesterday rejected President Chen Shui-bian’s invitation to attend a military exercise to be held by the National Security Council between April 25 and April 27.

 

Business & Industry

 

March exports surge to two-year high

With imports posting even sharper growth amid soaring crude oil prices, the trade surplus last month fell 92.4 percent to US$170 million from a year ago

 

KOREA HERALD, South Korea

Front page

 

Lee's mandate faces crucial test in election

Political parties made last-minute appeals for support yesterday as they closed their campaigns on the eve of parliamentary elections.

 

First Korean goes into space

The Russian Soyuz spacecraft carrying the first Korean astronaut lifted off from Kazakhstan's Baikonur Space Center at 8:16 p.m. yesterday, Seoul time.

 

Business & Industry

 

Hyundai Motor opens new China plant

Beijing Hyundai Motor Co. opened its second plant in Beijing yesterday in a ceremony attended by 600 dignitaries, including Hyundai Kia Automotive Group chairman Chung Mong-koo and Beijing Mayor Guo Jinlong.

 

Kumho takes serious look at shipping firms

Kumho Asiana Group chairman Park Sam-koo said he is considering taking over a shipping company to boost its logistic business.

 

NEW STRAITS TIMES, Malaysia

Front page

 

Haze will be 'worse than in 2006'
Brace for the worst-ever haze this year. That's the dire warning from experts who are blaming the weakening La Nina.

 

Business & Industry

 

No new updates.

 

BUSINESS TIMES, Singapore

Front page

 

Property agents in race against en bloc clock

Property agents are expected to keep pushing out a steady stream of relaunched en bloc sales over the next few months, as they attempt a last hurrah before their collective sales agreements (CSAs) inked last year expire.

 

Palm oil sales expected to hit record RM50b

Malaysia's palm oil exports are headed for a record RM50 billion (S$21.6 billion) in 2008, boosted by strong global demand, a report said yesterday.

 

Business & Industry

 

NewBiomed in China licensing deal

LOCAL biotech company NewBiomed Pika has sealed a licensing deal with a Chinese vaccine firm, which could see the former receiving at least $70 million in royalty fees over 11 years.

 

February industrial output seen to have grown 7.9%

India's industrial output in February is forecast to have grown an annual 7.9 per cent, rebounding from the previous month but still well below last year's highs due to a tight monetary stance.

 

BANGKOK POST, Thailand

Front page

 

'Rewrite it all'

Prime Minister Samak Sundaravej said on Tuesday the whole 2007 constitution should be amended.

 

Health minister ousted

The National Counter Corruption Commission said on Tuesday it would order the government to dismiss Public Health Minister Chaiya Sasomsab because his wife missed the deadline to report her shareholdings. Prime Minister Samakj Sundaravej said justice should take its course and openly wondered why the minister hired a consultant to report his finances instead of doing it himself.

 

Business & Industry

 

GM calls for auto energy plan

Governments and automakers need to work together on an ''energy security roadmap'' focusing on many different energy resources, according to Steve Carlisle, the Thailand-based chief of operations for General Motors in Southeast Asia.

 

CP's China unit hopes to win gold medal from Olympics

The CP Group's affiliate in China is preparing to supply tonnes of food for the upcoming Beijing Games to cater to strong consumption from a huge number of athletes and visitors. It is estimated that about 17,000 athletes and officials, as well as a large number of participants, would join the games in the Chinese capital, which will last for 17 days from Aug 8.

 

JAKARTA POST, Indonesia

Front page

 

Yuri for UK, but Soegiharto left out

The President is to install 14 new ambassadors Tuesday, with former state minister of state enterprises Soegiharto being left out following unanimous rejection by the House of Representatives.

 

Telkom to cut long distance call rates by up to 46%

Thanks in part to a government intervention, competition in the telecommunications industry has finally forced the biggest player in the industry, PT Telekomunikasi Indonesia (Telkom), to cut its long distance call rate by up to 46 percent, starting Tuesday.

 

Business & Industry

 

Regent hotel chain returns to Indonesia

The Regent hotel chain is set to return to Indonesia to manage and market a new luxury property to be built by Grand Pacific Properties Ltd. (GPP) on a four-hectare estate on Sanur beach, Bali, with a total investment of between US$75 million and US$100 million.

 

By: Staff Reporter
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