In Thursday's Asia papers
14 August 2008 01:55 [Source: ICIS news]
ASAHI SHIMBUN, Japan
Front page
Still tormented by live-target drill in war
An elderly university professor still vividly recalls how he was forced to practice his bayonet skills on a human target.
Business & Industry
Exports, consumption squeeze GDP
The economy shrank in the April-June period for the first time in four quarters, as exports dropped for the first time in 13 quarters, the government said Wednesday.
CHINA DAILY, China
Front page
Central govt to pump $5.5 billion into Tibet
The central government will spend more than 38 billion yuan ($5.5 billion) over the next few years to help boost economic development and social welfare in Tibet, China News Service reported on Monday.
Search is on for 3 good Samaritans
A picture showing three foreigners coming to the aid of a Chinese girl who fainted at last week's opening ceremony has become the talk of China's online community for its depiction of the true spirit of the Olympics.
Business & Industry
No new updates
TAIPEI TIMES, Taiwan
Front page
Tax committee to scrap exemptions
Calling the design of the tax exemption unfair, Chien Hsi-chieh, an advocate of tax parity, urged teachers to stop boycotting and instead demand a bigger budget
KMT denies Beijing name allegations
The Chinese Nationalist Party (KMT) dismissed allegations yesterday that it had agreed to Beijing’s arrangement of the Olympics opening march in exchange for Chinese media referring to Taiwan’s Olympic team as Zhonghua Taibei
Business & Industry
Taoyuan plans to build U-City
Taoyuan County unveiled a plan yesterday to build a ubiquitous (U) computing environment for residents and businesses to turn the county into the nation’s first U-City in line with President Ma Ying-jeou’s 12 “Love Taiwan Policies.”
Innolux posts flat profits amid falling panel prices
Innolux Display Corp which makes liquid-crystal-display (LCD) monitor and flat panels, posted flat earnings in the second quarter as falling monitor panel prices hurt gross margins.
KOREA HERALD, South Korea
Front page
Ownership cap eyed for sell-off of state firms
The government said yesterday it would strictly impose an ownership ceiling when it sells shares in state-owned companies to the private sector.
Japan, N.K. agree on new abduction probe
North Korea and Japan set ground rules Wednesday for a new probe into Pyongyang's kidnappings of Japanese citizens, paving the way for a partial lifting of sanctions on the communist regime.
Business & Industry
Economists warn of potential post-Olympic China downturn
Morgan Stanley's prominent economist Stephen Roach once said that when today's Chinese economy sneezes, Asia and possibly even the rest of the world could catch a cold.
Import prices fall on drop in oil products
Korea's rising import prices came to a halt last month, as prices declined for the first time in 11 months, the Korea Importers Association said yesterday.
NEW STRAITS TIMES, Malaysia
Front page
Najib: Arif the man to take on Anwar
Deputy Prime Minister Datuk Seri Najib Razak announced Arif's candidacy to loud cheers from about 3,000 Umno and BN supporters gathered at the launch of the ruling coalition's by-election machinery at the Sunway Carnival Convention Centre last night.
Tourism board D-G charged with graft
Tourism Promotion Board director-general Datuk Mirza Mohammad Taiyab Beg Mirza Hadi Hassan Beg, 50, arrived at the ACA headquarters in Putrajaya about 6.50am and after questioning was taken straight to the Sessions Court at Jalan Duta in a convoy of three ACA vehicles.
Business & Industry
Konsortium bags TNB deal
TOTAL logistic service provider Konsortium Logistik Bhd has bagged a RM550 million contract from Tenaga Nasional Bhd (TNB) to ship coal into the country, sources say.
CIMB: No slowdown in lending
The bank is still on track to achieve its 20 per cent loan growth target for 2008 despite consumers having turned more cautious about spending
BUSINESS TIMES, Singapore
Front page
CPF keeps OA interest rate at 2.5%
THE Central Provident Fund Board (CPF) will continue to pay 2.5 per cent interest per annum for members' savings in their Ordinary Account (OA) from Oct 1 to Dec 31.
Private equity gears up for funding action
Private equity funding for growing companies may have slowed in the past year, but industry players are confident that activity will soon pick up - especially as debt and public equity financing become less accessible.
Business & Industry
Help on re-employment matters is at hand
THE Tripartite Implementation Workgroup (TIWG) has launched a new guide and Internet portal to help employers and employees implement re-employment practices.
Web service to educate investors on unit trusts
INVESTMENT research company Morningstar Asia has launched a free Web-based service providing investment education and information on unit trusts.
BANGKOK POST, Thailand
Front page
Just one trial
Only one of the criminal cases against former prime minister Thaksin Shinawatra will proceed in his absence while he is a fugitive abroad, a source at the Supreme Court said Wednesday.
Diesel headquarters
General Motors Wednesday announced plans to invest 15 billion baht - $445 million - to build a new plant to manufacture clean, green turbo-diesel engines in Thailand.
Business & Industry
No new updates
JAKARTA POST, Indonesia
Front page
No new updates
Business & Industry
No new updates
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Author: Staff Reporter+44 20 8652 3214
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