In Wednesday's Asia papers

02 September 2009 02:00  [Source: ICIS news]

ASAHI SHIMBUN, Japan

Front page

Doubts over new consumer agency
A government agency designed to improve consumer protection opened its doors Tuesday amid controversy over personnel appointments following Sunday's election upheaval.

Shift on nuclear secret deal
The Foreign Ministry will tailor its approach toward a secret Japan-U.S. nuclear deal and the realignment of U.S. forces in line with policy guidelines formulated by a new administration to be led by the Democratic Party of Japan, says a top ministry bureaucrat.

Business & Industry

No new updates.

CHINA DAILY, China

Front page

DPRK visit may tackle nuke issue
A delegation from the Democratic People's Republic of Korea (DPRK), led by the country's Deputy Foreign Minister Kim Yong-il, has arrived in Beijing, China's Foreign Ministry confirmed Tuesday.

China denies border friction with India
China does not encroach on other countries' airspace and has no military friction on Indian border, Foreign Ministry spokeswoman Jiang Yu said Tuesday.

Business & Industry

China manufacturing gains strength despite share gloom
China's vast manufacturing sector kept up its steady recovery last month, ignoring the gloom engulfing the Shanghai stock market, a pair of surveys showed on Tuesday.

Shanghai housing prices hit new high
The average housing price in Shanghai rose to a historical new high in August, according to the National Business Daily.

TAIPEI TIMES, Taiwan

Front page

Former first lady gets one year in jail
The Taipei District Court yesterday handed down prison sentences ranging from six months to one-and-a-half years to members of former president Chen Shui-bian’s family and former Taipei Financial Center Corp chairwoman Diana Chen for perjury.

Dalai Lama moves thousands at ceremony
More than 17,000 people from across the country packed the Kaohsiung Arena yesterday morning as the Dalai Lama held a two-hour prayer ceremony for the victims of Typhoon Morakot.

Business & Industry

Sony to sell factory to Hon Hai
Sony Corp will sell 90 percent of its biggest North American television-manufacturing site as it reorganizes its unprofitable TV business by outsourcing more production.

SiPix ahead of rivals in race to produce e-paper
SiPix Imaging Inc, an electronic paper subsidiary of the world’s No. 3 panel maker, AU Optronics Corp, yesterday said it would ship a small volume of color e-paper displays in the second half of next year, ahead of most rivals.

KOREA HERALD, South Korea

Front page

Flu-related products running out
The H1N1 flu virus scare has sent the demand for hygienic products soaring since the nation's first death was reported on Aug. 15. Hand sanitizers in particular are in great demand, industry watchers said...

Parliamentary session off to a rocky start
The 100-day regular parliamentary session was off to a rocky start yesterday as the main opposition Democratic Party walked out of the opening ...

Business & Industry

As households shrink, so do food portions
Jung Ji-soon prefers the smaller portions, even though it may cost a bit more than the full-size ones. To the independent 28-year-old student, preparing meals can be time-consuming and most often lead...

Foreign debt quadruples in 10 years
Net foreign debt of the private sector - banks, non-banking financial institutions and private companies - has more than quadrupled in 10 years, government data showed yesterday.

NEW STRAITS TIMES, Malaysia

Front page

Govt gets paper on Internal Security Council
The Home Ministry will consider setting up an Internal Security Council to approve detentions under the Internal Security Act.

New courts, new system to speed up cases
The number of judges is expected to be reduced gradually with the introduction of a new computerised system in courts.

Business & Industry

GM terminates pact with DRB-HICOM
General Motors Corp (GM) has ended its agreement with DRB-HICOM Bhd for the exclusive distribution of Chevrolet vehicles in Malaysia effective August 31, sources said.

Mines Excellence eyes Bukit Beruntung resort
Property developer Mines Excellence Golf Resort Bhd said it is in talks with the the Selangor state government to acquire the Bukit Beruntung Golf & Country Resort.

BUSINESS TIMES, Singapore

Front page

China PMI at 16-month high in August
China's vast manufacturing sector kept up its steady recovery last month, ignoring the gloom engulfing the Shanghai stock market, a pair of surveys showed yesterday.

DBS earmarks Citi's Gupta for CEO post
DBS Group has hired Piyush Gupta, Citigroup's former top man in Singapore, as chief executive, ending months of speculation over the identity of its new head.

Business & Industry

'Easy prey' banks lose claim against APB
The banks that sued Asia Pacific Breweries (APB) over the high-profile commercial fraud perpetrated by its former employee yesterday lost their case.

$100m budget for Apec meetings
The government has set aside a sum of just over $100 million to fund its hosting of the year-long Asia-Pacific Economic Cooperation (Apec) meetings.

BANGKOK POST, Thailand

Front page

Troops stand down, stand by
Eight companies of soldiers will remain on alert, after the imposition of the Internal Security Act covering Dusit district expired on schedule on Tuesday.

Keep your driving cool
Bangkok Governor MR Sukhumbhand Paribatra is calling on motorists to remain calm after roadworks on the Ratchayothin flyover caused rush-hour chaos.

Business & Industry

DTAC starts 3G trial in Bangkok
DTAC yesterday started a 100-million-baht third-generation (3G) wireless broadband trial on its analogue 850 Megahertz

Creative Thailand scheme questioned
Business operators have warned the government that its Creative Economy policy will likely fail unless it is better defined.

JAKARTA POST, Indonesia

Front page

5.3 quake jolts West Sumatra
A 5.3-magnitude earthquake jolted Mentawai Islands West Sumatra early Wednesday morning, in the latest of a series of earthquakes that have hit the area since last month.

Spacewalkers tackle hefty tank removal in space
A pair of spacewalkers successfully tackled a hefty tank removal job at the international space station as their crewmates unloaded comedian Stephen Colbert's namesake treadmill for all "those famously fat astronauts."

Business & industry
No new updates.


By: Staff Reporter
+44 20 8652 3214



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