In Monday's Asia Papers

12 May 2008 02:00  [Source: ICIS news]

ASAHI SHIMBUN, Japan

Front page

 

No new updates.

 

Business & Industry

 

No new updates.

 

CHINA DAILY, China

Front page

 

PM underscores innovation in jumbo jet manufacture

China should unswervingly adhere to self-innovation in research and development of large aircraft, said Chinese Premier Wen Jiabao

 

Business & Industry

 

No new updates.

 

TAIPEI TIMES, Taiwan

Front page

 

Su Chi gets top job at the NSC

The office of president-elect Ma Ying-jeou announced yesterday that former Mainland Affairs Council chairman Su Chi will be the new secretary-general of the National Security Council (NSC).

 

Heavy fighting erupts in Tripoli, Beirut falls quiet

Heavy fighting broke out between pro and anti-government supporters in northern Lebanon lasting into the early hours of yesterday morning, in the latest development in the Lebanese crisis, security officials reported

 

Business & Industry

 

Laptop shipments set to increase 22%

Taiwanese notebook computer makers led by Quanta Computer Inc are expected to ship 22 percent more laptops this year, thanks to strong demand from emerging markets and continued replacement of desktop computers, a Taipei-based researcher forecast.

 

Chinese businesses finalize property deal

A group of Chinese businesses from Fujian Province yesterday signed a NT$1.32 billion (US$13.1 million) deal with Taichung-based property developer Shining Group to purchase 12 luxury residential units and one commercial unit in central Taiwan, marking the nation’s first real estate investment by Chinese businessmen after the March 22 presidential election.

 

KOREA HERALD, South Korea

Front page

 

U.S. gets N.K. plutonium logs from 1986 on

The United States said that documents handed over by North Korea detail its weapons-grade plutonium program as far back as 1986, and were an "important first step" in getting a full declaration of the North's nuclear activities.

 

Lee, Park fail to bridge differences

President Lee Myung-bak and former Grand National Party leader Park Geun-hye have failed to narrow their differences in a simmering dispute over party membership of a group of lawmakers-elect close to Park.

 

Business & Industry

 

Korea, EU resume FTA talks today

Korea and the European Union are set to kick off the seventh round of negotiations on a free trade agreement in Belgium today.

 

Finance Ministry, BOK split on economic outlook

The Finance Ministry and the central bank appear to be sharply divided in their economic outlook and stance regarding foreign exchange and other macroeconomic policies.

 

NEW STRAITS TIMES, Malaysia

Front page

 

Cops guard Net to keep gamblers from scoring

While authorities have adequate resources to combat crime in cyberspace, it is still legwork, infiltration and intelligence-gathering that hammers the nails in the coffins of illegal Internet gaming syndicates.

 

Karpal probe almost complete, says Musa

The investigation into reports lodged against DAP chairman Karpal Singh for allegedly questioning the powers of the Sultan of Perak, Sultan Azlan Shah, is in the final stages of completion and would be ready in two or three days.

 

Business & Industry

 

CCK on expansion drive

CCK Consolidated Holdings Bhd, a Sarawak-based poultry and seafood processing company, will embark on a major expansion drive with RM20 million set for spending to widen its retail footprint in Sabah and Peninsular Malaysia.

 

I-City draws Mideast, South Korea interest

I-BERHAD, a household appliance maker, has received offers from the Middle East and South Korean investors to buy some of its properties at the RM2 billion I-City project, a futuristic commercial development in Shah Alam, Selangor.

 

BUSINESS TIMES, Singapore

Front page

 

S'pore law firms set up offices overseas

The rising tide of cross-border deals and infrastructure projects has led a growing number of local law firms to set up offices in the region - and mid-size firms are following suit.

 

Petitions for compulsory liquidation rise in Q1

The number of petitions filed with the Insolvency and Public Trustee's Office (IPTO) for compulsory liquidation rose to 17 in March, a 55.5 per cent increase over the 11 petitions in February and a 41.7 per cent increase year on year.

 

Business & Industry

 

Good economic news in US akin to a mirage?

The US unemployment rate drops. Productivity grows. The trade deficit shrinks. Sounds great, right? Not so fast. Some seemingly good economic numbers can be something of a mirage masking weaknesses in the United States economy.

 

HSBC takes US$4.6b writedown

HSBC Holdings will today announce a writedown of US$4.6 billion linked to losses against mortgages, credit cards and other loans to US consumers, The Observer reported, without citing a source

 

BANGKOK POST, Thailand

Front page

 

Drip-feed of help

Supplies trickling into cyclone-hit Burma on the 10th day of the Cyclone Nargis disaster are far below what is needed, UN and other aid agencies say. The UN says it believes 102,000 are dead from the storm and slow aid efforts, and while aid workers wait for visas in Bangkok, the struggling relief programme suffered a new blow with the sinking of a Red Cross boat.

 

Business & Industry

 

No new updates.

 

JAKARTA POST, Indonesia

Front page

 

SBY to issue new economic package

The administration of President Susilo Bambang Yudhoyono is slated to issue its last package of economic policies later this month to help expedite private investment and spur economic growth ahead of next year's elections.

 

Fuel price hike plan leads to long queues at gas stations

The government's announcement of impending fuel price increases has led to a spike in fuel consumption marked by long queues at gas stations in many parts of the country, with some areas forced to introduce limits on transactions.

 

Business & Industry

 

No new updates.


By: Staff Reporter
+44 20 8652 3214



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