In Thursday's Asia papers

14 August 2008 01:55  [Source: ICIS news]

ASAHI SHIMBUN, Japan

 

Front page

 

Still tormented by live-target drill in war

An elderly university professor still vividly recalls how he was forced to practice his bayonet skills on a human target.

 

Business & Industry

 

Exports, consumption squeeze GDP

The economy shrank in the April-June period for the first time in four quarters, as exports dropped for the first time in 13 quarters, the government said Wednesday.

 

CHINA DAILY, China

 

Front page

 

Central govt to pump $5.5 billion into Tibet

The central government will spend more than 38 billion yuan ($5.5 billion) over the next few years to help boost economic development and social welfare in Tibet, China News Service reported on Monday.

 

Search is on for 3 good Samaritans

A picture showing three foreigners coming to the aid of a Chinese girl who fainted at last week's opening ceremony has become the talk of China's online community for its depiction of the true spirit of the Olympics.

 

Business & Industry

 

No new updates

 

TAIPEI TIMES, Taiwan

 

Front page

 

Tax committee to scrap exemptions

Calling the design of the tax exemption unfair, Chien Hsi-chieh, an advocate of tax parity, urged teachers to stop boycotting and instead demand a bigger budget

 

KMT denies Beijing name allegations

The Chinese Nationalist Party (KMT) dismissed allegations yesterday that it had agreed to Beijing’s arrangement of the Olympics opening march in exchange for Chinese media referring to Taiwan’s Olympic team as Zhonghua Taibei

 

Business & Industry

 

Taoyuan plans to build U-City

Taoyuan County unveiled a plan yesterday to build a ubiquitous (U) computing environment for residents and businesses to turn the county into the nation’s first U-City in line with President Ma Ying-jeou’s 12 “Love Taiwan Policies.”

 

Innolux posts flat profits amid falling panel prices

Innolux Display Corp which makes liquid-crystal-display (LCD) monitor and flat panels, posted flat earnings in the second quarter as falling monitor panel prices hurt gross margins.

 

KOREA HERALD, South Korea

 

Front page

 

Ownership cap eyed for sell-off of state firms

The government said yesterday it would strictly impose an ownership ceiling when it sells shares in state-owned companies to the private sector.

 

Japan, N.K. agree on new abduction probe

North Korea and Japan set ground rules Wednesday for a new probe into Pyongyang's kidnappings of Japanese citizens, paving the way for a partial lifting of sanctions on the communist regime.

 

Business & Industry

 

Economists warn of potential post-Olympic China downturn

Morgan Stanley's prominent economist Stephen Roach once said that when today's Chinese economy sneezes, Asia and possibly even the rest of the world could catch a cold.

 

Import prices fall on drop in oil products

Korea's rising import prices came to a halt last month, as prices declined for the first time in 11 months, the Korea Importers Association said yesterday.

 

NEW STRAITS TIMES, Malaysia

 

Front page

 

Najib: Arif the man to take on Anwar

Deputy Prime Minister Datuk Seri Najib Razak announced Arif's candidacy to loud cheers from about 3,000 Umno and BN supporters gathered at the launch of the ruling coalition's by-election machinery at the Sunway Carnival Convention Centre last night.

 

Tourism board D-G charged with graft

Tourism Promotion Board director-general Datuk Mirza Mohammad Taiyab Beg Mirza Hadi Hassan Beg, 50, arrived at the ACA headquarters in Putrajaya about 6.50am and after questioning was taken straight to the Sessions Court at Jalan Duta in a convoy of three ACA vehicles.

 

Business & Industry

 

Konsortium bags TNB deal

TOTAL logistic service provider Konsortium Logistik Bhd has bagged a RM550 million contract from Tenaga Nasional Bhd (TNB) to ship coal into the country, sources say.

 

CIMB: No slowdown in lending

The bank is still on track to achieve its 20 per cent loan growth target for 2008 despite consumers having turned more cautious about spending

 

BUSINESS TIMES, Singapore

 

Front page

 

CPF keeps OA interest rate at 2.5%

THE Central Provident Fund Board (CPF) will continue to pay 2.5 per cent interest per annum for members' savings in their Ordinary Account (OA) from Oct 1 to Dec 31.

 

Private equity gears up for funding action

Private equity funding for growing companies may have slowed in the past year, but industry players are confident that activity will soon pick up - especially as debt and public equity financing become less accessible.

 

Business & Industry

 

Help on re-employment matters is at hand

THE Tripartite Implementation Workgroup (TIWG) has launched a new guide and Internet portal to help employers and employees implement re-employment practices.

 

Web service to educate investors on unit trusts

INVESTMENT research company Morningstar Asia has launched a free Web-based service providing investment education and information on unit trusts.

 

BANGKOK POST, Thailand

 

Front page

 

Just one trial

Only one of the criminal cases against former prime minister Thaksin Shinawatra will proceed in his absence while he is a fugitive abroad, a source at the Supreme Court said Wednesday.

 

Diesel headquarters

General Motors Wednesday announced plans to invest 15 billion baht - $445 million - to build a new plant to manufacture clean, green turbo-diesel engines in Thailand.

  

Business & Industry

 

No new updates

 

JAKARTA POST, Indonesia

 

Front page

 

No new updates

 

Business & Industry

 

No new updates

By: Staff Reporter
+44 20 8652 3214

< previous article(VIDEO - ICIS news Asia Lunchtime Bulletin 16 October 2009)

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly