In Monday's Asia papers

21 July 2008 02:00  [Source: ICIS news]

ASAHI SHIMBUN, Japan

Front page

 

No new updates.

 

Business & Industry

 

No new updates.

 

CHINA DAILY, China

Front page

 

Fewer cars push Games to green lane

Beijing Sunday inched a step closer to realizing a green Olympics by enforcing a series of measures to ease traffic jams and reduce pollution.

 

Wen stresses steady, fast growth, inflation control

Chinese Premier Wen Jiabao has said unswerving confidence and arduous work are needed to achieve the goals of a steady and relatively fast economic development and control of soaring consumer prices in the country.

 

Business & Industry

 

No new updates.

 

TAIPEI TIMES, Taiwan

Front page

 

Tsai speaks out at DPP convention

Taiwan’s sovereignty is in jeopardy and the country could be sacrificed under the leadership of the Chinese Nationalist Party (KMT) administration, Democratic Progressive Party (DPP) Chairwoman Tsai Ing-wen said yesterday.

 

Iran stands firm on uranium enrichment

A US decision to bend policy and sit down with Iran at nuclear talks has fizzled, with Iran stonewalling Washington and five other world powers on their call to freeze uranium enrichment.

 

Business & Industry

 

ANALYSIS: Easing restrictions on China-bound investment is a two-edged sword

Easing restrictions on China-bound investment could encourage local and foreign investors to set up headquarters in Taiwan or unleash a massive exodus of capital to China, analysts said last week.

 

Share sale on: ProMOS

ProMOS Technologies Inc, the nation’s third-largest maker of memory chips used in PCs, said yesterday that South Korea’s Hynix Semiconductor Inc would stand firm on buying a stake in ProMOS, despite the recent stock market turmoil.

 

KOREA HERALD, South Korea

Front page

 

Seoul seeks to make Dokdo liveable

The government and the ruling Grand National Party yesterday agreed to enhance the habitability of Dokdo against Japan's renewed sovereignty claim over the East Sea islets.

 

Public service charges to rise

Prices of basic essentials, such as electricity, gas and public transportation, are likely to rise in the coming months, fueling inflation that is already at its highest level in a decade.

 

Business & Industry

 

Portals ordered to correct unfair business practices

Adding to growing regulatory risk for the nation's portal site operators, the antitrust watchdog has ordered the internet firms to revise their unfair terms of agreement.

 

Korea's direct financing rises 11.5 pct in June

Korean companies' direct financing rose 11.5 percent in June from a month earlier mainly because local firms raised capital by increasing stock issuances, the financial watchdog was quoted as saying by Yonhap News Agency.

 

NEW STRAITS TIMES, Malaysia

Front page

 

Nik Aziz: It's all right to meet

Pas spiritual adviser Datuk Nik Aziz Nik Mat supports meetings between Pas and Umno leaders on issues relating to Islam but only on an individual basis.

 

PM says he met top Pas leaders over unity talks

Datuk Seri Abdullah Ahmad Badawi has admitted to having held three meetings, to date, with top Pas leaders on Islam and Malay unity. The prime minister, who is also Umno president, declined to name who he had met, except to say that Pas spiritual leader Datuk Seri Nik Aziz Nik Mat was not part of the talks.

 

Business & Industry

 

AR-REIT to expand portfolio to RM1b

AmanahRaya REIT's manager plans to add a commercial building-office space and two industrial buildings to its assets by year-end, but has deferred plans to list a REIT in Singapore

 

Survey: Most firms raising mileage claims for staff

The average mileage claims increase for these companies is between 20 sen per kilometre and 21 sen/km across various employee levels, Watson Wyatt's survey shows

 

BUSINESS TIMES, Singapore

Front page

 

Don't take racial harmony for granted: PM Lee

ALTHOUGH Singapore has enjoyed over 40 years of racial and religious harmony, it is still important to be aware of tensions being felt in other parts of the world, said Prime Minister Lee Hsien Loong.

 

Big firms seen posting solid interim results

Major Singapore companies are expected to report generally strong second quarter and half year earnings, but there is less optimism that this will hold true for the rest of the year.

 

Business & Industry

 

FTA benefits would be greater if accords were coordinated

EAST Asia's manufacturing sector is benefiting from the 'noodle bowl' of free trade agreements (FTAs) that have proliferated across the region, according to a survey of 464 companies of all sizes in four countries including Singapore.

 

ECB defends its tough stance on inflation

The European Central Bank (ECB) is trying to convince people in the eurozone that taking a tough stand on inflation will get them through lean economic times, arguing that long-term gains warrant short-term pain.

 

BANGKOK POST, Thailand

Front page

 

Standoff 'could last years'

Supreme Commander Boonsrang Niempradit and Cambodian Defence Minister Teah Banh are heading to Aranyaprathet in Sa Kaeo province for talks starting Monday, aware that they will not bring an immediate end to the Preah Vihear temple row.

 

Business & Industry

 

No new updates.

 

JAKARTA POST, Indonesia

Front page

 

Murder convicts shot by firing squads

Three convicted murderers were shot by firing squads Saturday, including a mother and son executed in Surabaya and a man executed in Banten.

 

Business & Industry

 

No new updates.

By: Staff Reporter
+44 20 8652 3214

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