In Monday's Asia papers

24 November 2008 01:00  [Source: ICIS news]

ASAHI SHIMBUN, Japan

 

Front page

 

No new updates

 

Business & Industry

 

No new updates

 

CHINA DAILY, China

 

Front page

 

Mainland helps boost HK prosperity

President Hu Jintao said the central government would always support Hong Kong and Macao SARs in coping with and overcoming various difficulties, when meeting Donald Tsang, chief executive of the Hong Kong Special Administrative Region (HKSAR) on Saturday on the sideline of the 16th Economic Leaders' Meeting of the Asia-Pacific Economic Cooperation (APEC).

 

Business & Industry

 

No new updates

 

TAIPEI TIMES, Taiwan

 

Front page

 

Cabinet separates vouchers, loan

The Ministry of the Interior also announced that about 150,000 Chinese and foreign spouses would be eligible for the NT$3,600 vouchers

 

APEC leaders, OECD move to ease credit crunch

Asia-Pacific leaders and the OECD, a forum of the world’s richest countries, have sought to ease extremely tight trade credit for export-driven regional economies amid financial turmoil.

 

Business & Industry

 

Analysts predict a rise in jobless rate

Ahead of the release of last month’s unemployment figures today, pundits predicted the jobless rate may hit a record high and rise in the coming months, despite the recent announcement of a consumer voucher plan and other stimulus measures by the government.

 

Asustek hypes new low-cost AIO computer

Asustek Computer Inc (Asus) , pioneer of Internet-enabled mini-laptops called netbooks, believes the next wave of low-cost All-In-One (AIO) personal computers will rejuvenate the desktop market and see the same success as its netbooks.

 

KOREA HERALD, South Korea

 

Front page

 

Unionists protest pension reform

Tens of thousands of unionized public officials staged a mass protest in Seoul on Saturday against the government's plans for pension reform.

 

Prosecutors expand probe into Roh aides

Prosecutors are expediting their inquiry into an alleged corruption case surrounding the 2006 sale of a securities firm, a case which involves some close associates of former President Roh Moo-hyun.

 

Business & Industry

 

Korea's tech giants feeling the pinch

Korea's mighty technology giants - which account for close to half of the world's production of memory chips and flat panel displays - are bearing the brunt of the global economic downturn.

 

Builders still reluctant for debt program

Construction companies remain reluctant to join the creditor banks' debt rescheduling program despite the approaching deadline and rising number of bankruptcies.

 

NEW STRAITS TIMES, Malaysia

 

Front page

 

RM1 billion up for grabs: What drives Malaysians to shoplift?

MALAYSIAN shopkeepers, department stores and others in the retail industry will be faced with a RM1 billion loss -- to theft by customers, employees and even suppliers.

 

The High Cost Of Shoplifting: CCTVs don't deter young offenders

The 25-year-old owner of a Petaling Jaya sundry shop says she loses about RM12,000 to shoplifters each year.

 

Business & Industry

 

AirAsia X: No slowing down

AirAsia X Sdn Bhd hopes to grow sales by 10 times to US$1 billion (RM3.62 billion) by the end of 2010, after it achieves its target of becoming a billion-ringgit company next year, said its chief.

 

How to cope during economic downturn

Malaysian Employers Federation (MEF) executive director Shamsuddin Bardan said the government has allocated a RM500 million fund for training and re-training of workers as part of the RM7 billion economic stimulus package.

 

BUSINESS TIMES, Singapore

 

Front page

 

Standard Chartered plans US$3b rights issue: FT

Standard Chartered is planning a US$3 billion rights issue to boost its capital reserves and ease investors' concerns about its ability to weather a severe economic downturn, the Financial Times reported on Monday.

 

US govt may rescue Citigroup

The US government may step in to rescue Citigroup Inc after a crisis in confidence erased half the bank's stock market value in three days, according to investors and analysts.

 

Business & Industry

 

PM Lee meets newly elected NZ prime minister

PRIME Minister Lee Hsien Loong made the most of his first official visit to Lima over the weekend as he shuttled to several venues in the Peruvian capital to hold bilateral meetings with five separate Asia-Pacific leaders.

 

Pullback felt on new green energy projects

STOCKS in the renewable energy sector have become cheaper as the markets turn sour and this has raised the expected return on investments and attractiveness in new green projects, said industry players.

 

BANGKOK POST, Thailand

 

Front page

 

No new updates

 

Business & Industry

 

No new updates

 

JAKARTA POST, Indonesia

 

Front page

 

No new updates

 

Business & Industry

 

No new updates

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