In Tuesday's Asia papers

26 August 2008 02:00  [Source: ICIS news]

ASAHI SHIMBUN, Japan

 

Front page

 

Internet scamsters fail to report 500 million yen income

Internet purveyors of get-rich-quick schemes and an array of dubious information are in trouble with the taxman for failing to declare income.

 

Wildfires prompt evacuations

Wildfires continued to burn on Mount Kasamatsuyama on Monday, prompting four village households to evacuate.

 

Business & Industry

 

No new updates

 

CHINA DAILY, China

 

Front page

 

Draft amendment seeks better privacy protection

Selling or illegally disclosing people's personal information may soon carry a criminal penalty, according to the draft amendment of the Criminal Law that began making its way through the top legislature Monday.

 

Taiwan Straits bridge 'good for trade'

The proposed bridge linking Jinmen, one of the outlying islands near Taiwan, to Xiamen, southeast of the Chinese mainland, as proposed by the Taiwan authorities, would be a landmark in cross-Straits relations, Taiwan affairs experts said Monday.

 

Business & Industry

 

No new updates

 

TAIPEI TIMES, Taiwan

 

Front page

 

Chen, Huang questioned upon return

Some KMT members criticized the Special Investigations Panel for failing to pick the couple up at the airport and immediately question them

 

Russia moves to recognize Georgian separatist regions

The Russian parliament voted overwhelmingly yesterday to recognize the independence of two breakaway Georgian regions, while Russian President Dmitry Medvedev linked the Georgia conflict to tensions over another separatist region.

 

Business & Industry

 

Businesses cautious for Q3: TIER

An increased number of manufacturers and service providers have become cautious about their business outlook for the second half on concerns that exports may fail to post a strong rebound in the third quarter, an industrial report released yesterday showed.

 

Motech reports lower net profits

Motech Industries Inc, the nation’s biggest solar cell maker, yesterday posted lower net profits for the first six months as rising material prices and massive foreign exchange losses from a strengthened local currency eroded margin.

 

KOREA HERALD, South Korea

 

Front page

 

Lee urges Hu not to repatriate N. Koreans

President Lee Myung-bak yesterday urged China not to forcefully repatriate North Korean defectors to their homeland during his summit with Chinese leader Hu Jintao in Seoul.

 

Lee renews calls for rule of law

President Lee Myung-bak yesterday renewed his call to solidify the rule of law, one of the key principles undergirding his management of state affairs.

 

Business & Industry

 

Won plummets to nearly four-year low

The Korean won plunged to a nearly four-year low yesterday as foreign investors rushed to drop local shares on credit crunch worries, analysts said.

 

Bubble accounts for 70 percent of Gangnam housing price rise: report

Nearly 70 percent of the recent housing price increase in four residential districts in southern Seoul is the result of a housing market bubble, a report claimed yesterday.

 

NEW STRAITS TIMES, Malaysia

 

Front page

 

Bribery: Lawyer gets jail

Lawyer P. Vijian, 44, was yesterday sentenced by the Sessions Court to two years' jail and RM25,000 fine or six months' jail for offering a RM5,000 bribe to deputy public prosecutor Fahmi Abd Moin as an inducement to reduce a drug charge against his client.

 

RM100m suit against ACA, 3 others

The duo, Mohd Osman Mohd Jailu, 57, and Jamaluddin Mohd Radzi, 52, filed the suit pertaining to their arrests an hour before they were charged at the Sessions Court

 

Business & Industry

 

Palm oil price taking a breather: Experts

THE palm oil price is taking a breather due to a peak harvest season but will resume their rise as demand picks up, industry experts said.

 

Govt may relook cooking oil subsidy

THE continued downtrend in the crude palm oil (CPO) futures market may have a bearing on the retail price of a very important consumer item — cooking oil.

 

BUSINESS TIMES, Singapore

 

Front page

 

Financial worries drive Wall St down 2%

US stocks fell sharply on Monday as credit concerns hounded financial stocks while global growth worries hurt big technology and industrial companies.

 

S'pore 'among top private equity markets in S-E A'

SOUTH-EAST Asia is emerging as an attractive investment destination for private equity, and Singapore offers numerous opportunities in the high-tech manufacturing, oil engineering, healthcare and digital media industries, according to a Deloitte Consulting study.

 

Business & Industry

 

SingTel buys 60% of rival IT company SCS

Singapore Telecommunications (SingTel) has bought a 60 per cent stake in Singapore Computer Systems (SCS) in a move that will cement its dominance in the local government sector and open the door to more IT services revenue from regional markets.

 

Hill-Rom to invest $20-30m in R&D centre

US-BASED hospital bed maker Hill-Rom is spending $20-30 million on an R&D centre that officially opened here yesterday.

 

BANGKOK POST, Thailand

 

Front page

 

No new updates

 

Business & Industry

 

No new updates

 

JAKARTA POST, Indonesia

 

Front page

 

Aus immigration takes NTT fishermen to Darwin for trial

Australian immigration officials have taken four Indonesian fishermen on board a plane to be tried in Darwin for allegedly catching fish and marine biota illegally in Australian waters.

 

Business & Industry

 

No new updates

By: Staff Reporter
+44 20 8652 3214

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