In Monday's Asia papers

17 August 2009 02:00  [Source: ICIS news]

ASAHI SHIMBUN, Japan

Front page

DPJ eyes unified space agency
The main opposition Democratic Party of Japan has proposed integrating the nation's disjointed space administration by the end of this fiscal year to eventually create a "Japanese version of NASA."

Shelters built in Palace before war
Twenty-two bomb shelters were built in Tokyo's Imperial Palace grounds several months before Japan went to war against the United States in 1941, The Asahi Shimbun has learned.

Business & Industry

No new updates.

CHINA DAILY, China

Front page

Bribery cases prompt call for probe
Prosecutors have been urged to "seriously probe" the dealings of Chinese executives and officials who have allegedly become embroiled in a culture of bribery with foreign firms.

4,000 still stuck in Taiwan as aid arrives
The first shipments of overseas aid arrived Sunday as Taiwan struggled to reach some 4,000 people stranded a week after typhoon Morakot

Business & Industry

China to complete 8-hour railway network by 2012
Passengers would be able to travel between Beijing and most capital cities in China in eight hours by 2012, through a nationwide express railway network, according to the Ministry of Railways.

IPO review committee for GEM set up
China's securities regulator set up Friday an initial public offering (IPO) review committee for its Growth Enterprise Market (GEM) which is expected to accept IPOs in late October.

TAIPEI TIMES, Taiwan

Front page

MORAKOT: THE AFTERMATH: Emergency aid pours in from abroad
Water purification tablets, tents, prefabricated homes and other foreign aid arrived yesterday as ­typhoon-battered Taiwan coped with the aftermath of its worst weather disaster in 50 years.

N Korea threatens retaliation over US, UN sanctions
North Korea followed recent conciliatory gestures toward the US and South Korea with a return to threats yesterday, warning them of “merciless retaliation” over sanctions imposed on its government, as well as nuclear attacks in response to any atomic threats.

Business & Industry

Economy on track in spite of typhoon
Typhoon damage to infrastructure and transportation avenues could delay production, but reconstruction work will likely benefit the economy

Analyst increases TSMC earnings forecast
Improving the yield rate for 40-nanometer technology means that TSMC may increase its market share and beat forecasts, Deutsche Securities Asia said

KOREA HERALD, South Korea

Front page

Constitutional revision to emerge as hot topic
Marking its 56th anniversary on Aug. 15, The Korea Herald will publish a series of articles on key political and policy agenda of the Lee Myung-bak administration. The following is the third installment.

Administrative city plan adrift amid partisan feuds
Marking its 56th anniversary on Aug. 15, The Korea Herald will publish a series of articles on key political and policy agenda of the Lee Myung-bak administration. The following is the fourth installment.

Business & Industry

Jobs increase at big firms, fall at SMEs
Nominal wages for the country's major business corporations increased in the first half of the year from a year earlier, yet quality of life for the companies' employees deteriorated, industry officials said yesterday. According to a recent report by the Seoul-based stock market research firm FnGuide, the average annual income at the nation's top 100 manufacturers was 26.18 million won ($21,130) in the first half, a 2.89 percent increase year-on-year.

Rate hike to hit households, firms
As the central bank mulls the timing for an interest rate hike, fear is growing that higher interest rates could deal a blow to households and companies which have not yet fully recovered from last year's sharp economic pain.

NEW STRAITS TIMES, Malaysia

Front page

Permatang Pasir by-election: Don't make use of Islamic issues, says Tun Abdullah
Umno and Pas should make the Permatang Pasir by-election a turning point to stop touching on sensitive religious issues to fish for votes, former prime minister Tun Abdullah Ahmad Badawi said.

Permatang Pasir by-election: Rohaizat ready to face it all
Barisan Nasional candidate Rohaizat Othman said he was ready to face attempts at character assassination in the Permatang Pasir by-election.

Business & Industry

Incentives for airlines
Airport operator Malaysia Airports Holdings Bhd (MAHB) is expected to announce this week a new set of financial incentives for airlines that fly out of the 39 airports it operates in the country, which will include rewarding those that show growth in passenger numbers.

Mayland to expand retail mall business
Malaysia Land Properties Sdn Bhd (Mayland), a privately held property developer controlled by Tan Sri David Chiu, could add a new mall under its wings by as early as next year.

BUSINESS TIMES, Singapore

Front page

Stimulus package review by year-end
The economic crisis though 'worse than we had expected' has been 'less bad than we had feared', Prime Minister Lee Hsien Loong said last night at the annual National Day Rally.

MAS sues fund manager for alleged false trading in 2004
The Monetary Authority of Singapore (MAS) is suing well-known fund manager Tan Chong Koay for alleged false trading in Singapore-listed United Envirotech (UET) shares in late 2004.

Business & Industry

Dangerous fault lines still lurk in S'pore, says PM
By his own admission, race and religion are areas that Prime Minister Lee Hsien Loong would normally not dwell on in a National Day Rally speech.

More step-down care facilities to complement public hospitals
AS Singapore readies itself to meet the challenges of its rapidly ageing population, there is a pressing need to restructure the entire healthcare system so that it can adequately cope with these demands, said Prime Minister Lee Hsien Loong.

BANGKOK POST, Thailand

Front page

Newin's moment of truth
As the court prepares to decide the highest level corruption case in recent memory on Monday, political heavyweight Newin Chidchob insists he is not scared

Loan terms start to ease
Local banks are easing loan criteria for customers, thanks to reduced credit risk amid signs of a local and global economic recovery.

Business & Industry

THE LION CITY'S NEW SHOWCASE
Singapore is proving to the world, and also challenging Hong Kong and Tokyo, that the small island city-state can be a world-leading.

AIS shakes up front office as market sours
Advanced Info Service (AIS), the country's largest mobile phone operator, announced changes in its top management yesterday...

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 Europe Lunchtime Bulletin 3 November 2009)


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