In Tuesday's Asia papers

13 October 2009 02:00  [Source: ICIS news]

ASAHI SHIMBUN, Japan

Front page

Okada in surprise visit to Kabul

Foreign Minister Katsuya Okada made a surprise visit to Afghanistan on Sunday and pledged further support to restore civil order and enhance people's livelihoods.

Typhoon leaves bad smell at Biwako

The city government here plans to mobilize 220 workers Wednesday to remove decomposing waterweeds causing a foul smell from the shore of Lake Biwako.

Business & Industry

No new updates.

CHINA DAILY, China

Front page

China, Russia set to ink slew of contracts

Nearly three-dozen deals worth more than $5.5 billion combined are expected to be signed between China and Russia during Prime Minister Vladimir Putin's visit to Beijing, possibly including a major refinery in Tianjin.

Business & Industry

Domestic spending to hit 12t yuan

Consumer spending is expected to increase by 50 percent in China's top 25 cities in the next five years due to a rapid increase in the country's per capita disposable income, according to a new report from the global consulting firm McKinsey & Company.

Media urged to provide 'fair' reportage

Leaders and representatives of global media organizations have urged media outlets to provide "accurate, objective, impartial and fair" coverage of news events across the globe.

TAIPEI TIMES, Taiwan

Front page

Rains force evacuations in northeast

Nonstop rain since Sunday has forced hundreds of people in the northeast to abandon their homes and seek refuge.

US researchers split Nobel in economics

Elinor Ostrom and Oliver Williamson of the US won the 2009 Nobel Economics Prize yesterday for their work on the organization of cooperation in economic governance, the Nobel jury said.

Business & Industry

Science park exports picking up

Local electronics makers, including top flat-panel maker AU Optronics Corp (AUO), saw exports from their factories at Central Taiwan Science Park double last quarter to more than NT$50 billion (US$1.55 billion), helped by recovering demand in the US and China, the park administration said yesterday.

Acer initiates worldwide recall of notebook lines

Acer Inc, the world’s ­second-biggest notebook brand, yesterday confirmed a worldwide voluntary recall of several models of its Aspire laptop, citing overheating problems.

KOREA HERALD, South Korea

Front page

Lee stresses space tech cooperation

President Lee Myung-bak yesterday underscored the importance of international cooperation in sharing achievements in space development and research to enhance the quality of life for all mankind.

North Korea test-fires five short-range missiles

North Korea test-fired five short-range missiles into the East Sea yesterday, a government official said.

Business & Industry

POSCO expands energy, materials businesses

POSCO, the world's fourth-largest steelmaker, is aggressively widening its business lines, particularly in the eco-friendly energy and materials business, as the company seeks new growth engines.

Foreign firms left out of stock rally

Foreign companies are lining up to get listed on the Korean stock market, but a look at the share prices of those who have already done so show that most of them are underperforming compared to other stocks in the local bourses.

NEW STRAITS TIMES, Malaysia

Front page

Heat’s on Tee Keat to step down

Voices against Datuk Seri Ong Tee Keat staying on as MCA president have grown louder.

Business & Industry

AirAsia settles airport fees

Airport operator Malaysia Airports Holdings Bhd (MAHB) has confirmed that budget carrier AirAsia Bhd has paid its outstanding airport fees.

Malaysia to unveil 10MP on June 10

The 10th Malaysia Plan (10MP), a five-year economic blueprint spanning 2011 to 2015, will be presented on June 10 next year.

BUSINESS TIMES, Singapore

Front page

PM urges global law enforcers to work together

PRIME Minister Lee Hsien Loong yesterday urged law enforcement agencies worldwide to work together as crimes go trans-national and become more sophisticated.

Recession over - but a hard climb ahead

While the full-year growth forecast for the Singapore economy has been hiked sharply after two resurgent quarters, the 2010 outlook is somewhat more subdued, the government says.

Business & Industry

US turns gentler to boost China economic ties

The United States is going out of its way to build a warmer economic relationship with China and the strategy seems to be paying early dividends.

S Korea keeping watchful eye on property prices

South Korea's relentless house price rise is a top concern for the government but it realises that the recent spate of lending controls to calm the market could cause wider problems, senior officials said yesterday.

BANGKOK POST, Thailand

Front page

Panel wants train driver fired

A fact-finding panel looking into the cause of the Oct 5 train derailment in Hua Hin has proposed that the driver be dismissed.

Business & Industry

Face-off at ministry over waste company

A dispute between Saraburi villagers and factory workers of the SET-listed Better World Green has escalated after after the two groups rallied at the Industry Ministry yesterday.

The development debate

When Sa-ngar Yuyen heard that some of her neighbours in Rayong were going to court to halt construction of 76 industrial projects in Map Ta Phut, the 63-year-old started to worry about the future of the younger generation in the province.

JAKARTA POST, Indonesia

Front page

East Timor government survives no-confidence vote

East Timor's government survived a no-confidence vote called after it met Indonesia's request to release an alleged militia leader accused of orchestrating the slaying of women, children and priests in a church a decade ago.

Fourth attack in days kills 41 in Pakistan

Militants from the heart of Pakistan teamed up with Taliban insurgents from the remote Afghan border region to carry out the bold weekend assault on army headquarters, the army said - an ominous development as the fourth major attack in just over a week killed 41 people at a northwestern market.

Business & Industry

Corporate bonds may hit $2.46 billion this year

The country’s economic resilience has boosted the confidence of the private sector in raising funds through the bond market, with full-year corporate bond issuance predicted to reach about Rp 23.21 trillion (US$2.46 billion).

By: Staff Reporter
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