In Monday's Asia papers

12 January 2009 01:00  [Source: ICIS news]

ASAHI SHIMBUN, Japan

Front page

No new updates.

Business & Industry

No new updates.

CHINA DAILY, China

Front page

China can be first to 'recover' from crisis

China could be the first to recover from the global financial crisis, and will introduce more measures in the next two months to bolster the economy, Premier Wen Jiabao has said.

Rush to travel back home begins in earnest

This Chinese Lunar New Year about 2.32 billion trips will be made in 40 days, or 3.5 percent more than in 2008, and put the public transport system to test till Feb 19, the National Development and Reform Commission said.

Business & Industry

Rebuilding confidence key: Quality chief

One of the biggest challenges for quality supervision in the country this year is rebuilding the confidence of domestic and overseas consumers for its products, following the tainted milk scandal, China's top quality supervisor said Sunday.

Major shipping, aviation funds to boost reforms

Tianjin will strengthen financial reform and innovation this year and launch two major development funds for the shipping and aviation sectors, in line with it being one of the test beds for national reform, the municipality's mayor said Sunday.

TAIPEI TIMES, Taiwan

Front page

Dozens fined for smoking violations

The first day of new regulations on smoking in public places yesterday saw dozens of tickets issued for violations against the Tobacco Hazard Prevention and Control Act at several locations around the nation, including Taipei City, Taipei County, Keelung City, Hsinchu County, Taichung City, Hualien County, Changhua County and Kaohsiung City.

Israeli ground forces edge into Gaza City

Israeli forces edged into the Gaza Strip’s most populous area yesterday, killing at least 27 Palestinians in an offensive stepped up in defiance of international calls for a ceasefire.

Business & Industry

Intervention delays recovery: analysts

As the Cabinet is slated to call a cross-ministerial discussion today on how to boost the housing market, analysts said yesterday that government intervention could delay recovery, adding that overpricing poses the biggest obstacle to property deals.

Commerce chamber in France promises to help Taiwanese

The Taiwanese Chamber of Commerce in France  yesterday vowed to help explore business opportunities there for France-bound Taiwanese businesses.

KOREA HERALD, South Korea

Front page

Banks tighten monitoring of conglomerates

Local banks are closely monitoring major conglomerates' financial status as their overall business performances decline amid economic gloom, officials said yesterday.

Aso calls for closer economic ties

Japanese Prime Minister Taro Aso called for cooperation yesterday with South Korea in overcoming the global financial turmoil as he began a two-day visit to Seoul.

Business & Industry

Gloom spreads through economy

The economic distress that hit the construction and shipbuilding industries in 2008 is now spreading to other industries.

List of nonviable firms due this week

Creditor banks plan to announce the result of their corporate evaluation of 92 construction companies and 19 shipbuilders during this week, officials said yesterday.

NEW STRAITS TIMES, Malaysia

Front page

Assault on college chief

New Era College chairman Dr Yap Sin Tian was left with a bloody nose after being punched by a former student during the college's convocation ceremony here yesterday

Gaza Under Siege: Dewan Rakyat sits today on crisis

The special sitting of Dewan Rakyat at 2.30pm today is expected to adopt a common stand on the Israeli invasion of the Gaza Strip as well as initiatives to further prompt the international community into action over it.

Business & Industry

HLFG to sell shares in insurance unit?

Hong Leong Financial Group Bhd (HLFG) is planning to sell a stake in its insurance arm, Hong Leong Assurance Bhd (HLA), industry sources said.

Bernas re-enters retail arena

Padiberas Nasional Bhd (Bernas) will revive a plan to become one of the country's top retail players by opening an initial 100 sundry shops nationwide this year

BUSINESS TIMES, Singapore

Front page

Now super mobile broadband on the go

MOBILE broadband users in Singapore can expect to enjoy super fast downloads on the go as the Republic's top two mobile phone operators get ready to upgrade their networks.

The night falls on Q4

They say it's the darkest before dawn - so the night starts here. Welcome to the Q4 earnings season.

Business & Industry

US jobs recovery likely to take months, say staffing firms

Any US job market recovery is at least several months away, staffing industry executives say, citing comments from customers, weak consumer spending and evidence in the December jobs report that employers are cutting hours and overtime.

Offer grads temporary jobs, UK tells firms

Britain is urging companies to give temporary jobs to thousands of students finishing university courses this summer to counter a cutback in graduate recruitment due to an economic slowdown.

BANGKOK POST, Thailand

Front page

Democrats and allies take 20 of 29 seats

The Democrat-led coalition is poised to win at least 20 of the 29 House seats up for grabs in by-elections held yesterday, in a surprisingly good showing which will improve its majority in parliament.

Sukhumbhand takes Bangkok by landslide

The Democrat party's MR Sukhumbhand Paribatra romped home to a sweeping victory in Sunday's Bangkok governor election, polling more than 920,000 votes, about a third more than his nearest rival, Yuranunt Pamornmontri of the Puea Thai party.

Business & Industry

The realm of the coin

For most accountants and retail shop managers, the thought of an extra satang means extra work scrutinising the balance sheets and cash register to see where the missing coin might have gone.

Unilever Thai investing more

While other business sectors are facing sharp declines in business and downsizing operations, the consumer products sector still seems to be riding high.

JAKARTA POST, Indonesia

Front page

No new updates.

Business & Industry

No new updates.

By: Staff Reporter
+44 20 8652 3214

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