In Tuesday's Asia papers

10 November 2009 01:00  [Source: ICIS news]

ASAHI SHIMBUN, Japan

Front page

Fugitive spent year working in Osaka
Fugitive Tatsuya Ichihashi, the prime suspect in the 2007 slaying of British language teacher Lindsay Ann Hawker, worked as a construction worker in Osaka Prefecture for more than a year until last month, police sources said.
Ichihashi, 30, used the alias Kosuke Inoue and gave his age as 32 when he was hired by a construction company in Ibaraki, Osaka Prefecture, in August 2008, the sources said.

CHINA DAILY, China

Front page

Detainees get more rights, protection
Detainees awaiting trial will no longer be forced to work at China's detention houses, thanks to a breakthrough being heralded by lawyers as legal progress in protecting their legitimate rights.
The change is outlined in a draft regulation published yesterday on the central government's website (gov.cn).

Business & Industry

China raises gasoline, diesel prices
BEIJING--China will raise gasoline and diesel prices both by 480 yuan (US$70.28) per tonne from Tuesday, the National Development and Reform Commission (NDRC) announced on its website Monday.
The benchmark price of gasoline will be 7,100 yuan a tonne and that of diesel 6,360 yuan a tonne, according to the NDRC.
The retail price of gasoline will climb by 0.36 yuan per liter and that of diesel will rise by 0.41 yuan per liter.

TAIPEI TIMES, Taiwan

Front page

Exports hit one-year high in October
Exports rebounded last month to their highest level in a year, as a recovery in the world’s economy boosted demand for Taiwanese-made electronics, the Ministry of Finance said yesterday.
Exports expanded 7.5 percent to US$19.8 billion last month from US$19 billion in September, ministry statistics showed. On an annual basis, however, that still represented a decline of 4.7 percent.

Business & Industry

GM says China auto sales more than doubled last month
General Motors Corp (GM) said yesterday its China sales last month more than doubled from a year earlier amid tax cuts and incentives to help boost the industry.
GM and other automakers are looking to China’s fast-growing market to drive sales amid slack demand elsewhere.
China’s sales have surpassed those of the US for all but two months this year.

KOREA HERALD, South Korea


Front page

Military flooded with flu complaints
The Defense Ministry is facing a deluge of complaints from angry parents and girlfriends after it decided last week to cancel all leave until the H1N1 flu virus subsides here.
As the nation raised its flu alert to the highest "Red" level on Oct. 4, the ministry also halted the mandatory training for reserve forces and ordered almost 660,000 enlisted soldiers to stay at their barracks.
Meeting visitors, going and sleeping off-base are not allowed in principle, although the first and last regular vacations are still permitted. Individual decisions are to be made flexibly by commanding officers, ministry officials said. It was the first time in Korea that such a confinement measure has affected the entire army.

Business & Industry

World Bank ups 2009 growth outlook for Korea
The World Bank has revised upward its 2009 growth outlook for South Korea's economy, saying the country's large-scale stimulus measures helped induce a faster-than-expected rebound in Asia after the region was hit hard by last year's financial turmoil, Yonhap News said.
In its latest report assessing economic conditions of major Asian countries, the bank forecast that Korea's gross domestic product will shrink 0.7 percent this year, up from the 3.0-3.5 percent contraction it predicted in June. Growth will rebound by 3.7 percent next year, also up from its June forecast of a 2-percent advance.

NEW STRAITS TIMES, Malaysia

Women's groups call for Pas reps to retract oath
PETALING JAYA: Pas elected representatives who took the "oath of loyalty" must retract their oath and apologise to the women in the country, particularly to their wives.
Two influential women's groups in the country -- the Women's Aid Organisation (WAO) and the All Women's Action Society (Awam) -- made the call to Pas faithfuls yesterday, describing the oath as insulting, outrageous and disrespectful to women.

Business & Industry

Pelikan eyes RM5b revenue by 2012
Stationery maker Pelikan International Corp Bhd expects to hit RM5.05 billion in revenue by 2012, through mergers and acquisitions (M&As).
Its president and chief executive officer Loo Hooi Keat (picture) said the company is aiming at both regional and international M&As, but did not elaborate.
The main market-listed company, which posted revenue of RM1.3 billion last year, is anticipating its combined revenue to reach RM3 billion when it finalises the proposed acquisition of 66 per cent stake in Herlitz AG and its assets by year-end.

BANGKOK POST, Thailand

Front Page

'Demons' to be relocated at airport
Twelve "demon statues" at Suvarnabhumi airport believed to have brought bad luck to shopkeepers will be moved at a cost of one million baht.
The guardian spirit statues will be shifted from the inner zone of the passenger terminal to the check-in area to "improve morale" of people working at the airport.

Business & Industry

PTT searches for NGV station partners
Energy conglomerate PTT Plc still hopes private partners will join its investment in NGV service stations.
A massive 9 billion baht is required for investment even though NGV (natural gas for vehicles) demand is slowing, said chief executive Prasert Bunsumpun.
The company has already invested 16 billion baht in service facilities since natural gas started to gain popularity three years ago owing to the surge in global crude prices.


By: Staff Reporter
+44 20 8652 3214



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