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"United We Stand"

 

Asian American Business Roundtable (AABR)
 
Rawlein G. Soberano. Ph.D., President
 
20224 Thunderhead Way Suite B
Germantown, MD 20874
 
Phone: (301) 601-9038
Toll Free: 1-866-215-4365 (PIN# 4766)
Fax: (301) 601-9430
Email: aabr89@aol.com
 
 
 

AABR Business Bulletin

      Electronic Newsletter

     Vol. 75 No. 149                                                      October 2, 2006

General    Private Sector    Federal Government    International    Miscellaneous

 I. General                    Member Login

(this section available to paid members only) - TO SUBSCRIBE, CLICK HERE

II. Private Sect           Member Login

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 III. Federal Government       Member Login

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IV. International

 

               

IV. International (10-02-06)

 

. In the US State Department’s annual report on religious freedom, it identified 8 violators, 4 of which are from Asia—Iran, Burma, China, Eritrea, N. Korea, Saudi Arabia, Sudan and Vietnam.

    . Over strong opposition from China, UN Security Council voted 10-4 to put Burma on its agenda which US officials called a major step forward to increase pressure on the country’s military dictatorship.

    . Asia must dramatically boost investment in infrastructure in the next decade or risk losing its global competitive edge, warned the president of the Asian Development Bank.

    . Foreign Minister from the 10-member ASEAN gave the go-signal for the regional grouping to apply for observer status in the UN, the Philippine mission to the UN said.

 

. China said a 33% rise in exports in August from a year earlier sent its monthly trade surplus to a monthly record and took the year-to-date surplus to just shy of the full-year total for 2005.

    . China tightened its control over the distribution of news by foreign agencies, further restricting international access to the tightly regulated Chinese media market. This clampdown includes information from China’s courts. It took effect immediately.

    . Chinese health officials are preparing 23 million to 25 million doses of flu vaccine, after experts warned the HsN1 bird flu could break out again with other flu strains during the winter and spring.

 

. At least 100k protesters demanding the resignation of Taiwan’s scandal-plagued Pres. Chen Shui-bian staged one of the biggest rallies ever in the capital after ending a weeklong sit-in outside his office.

    . Prosecutors have questioned Pres. Chen about the use of secret diplomatic funds at the core of the corruption probe, his office said.

    . Taiwan has imposed an anti-dumping tax on towels imported from rival China, the government announced. The 204% tax will remain in place until May 31, 2011.

 

. Japan’s Supreme Court rejected an appeal by doomsday cult founder Shoko Asahua, ensuring his execution for a sting of killings, including the 1995 nerve gas attack on Tokyo’s subways.

    . Toyota Motors announced an ambitious plan to boost global sales to 9.8 million vehicles in 2008 as its US rivals are closing plants and scaling back production

    . US financial authorities are contemplating on imposing an administrative punishment on the US unit of the Bank of Tokyo-Mitsubishi UFJ for alleged lax monitoring against money laundering.

 

. North Korea is trying to acquire capability to enrich uranium, but there is no proof that the enrichment facility has been built.

    . Unification Minister Lee Jongsook said Seoul would resume its humanitarian assistance for the Communist North as soon as Pyongyang returns to international negotiations over its nuclear ambitions.

    . The central bank’s consumer sentiment index (CSI) fell to a 7-quarter low in the July-October period, raising concerns that economic slowdown will dampen consumer spending.

   

. The Philippine army sent 500 commandos to the island of Jolo to bolster an offensive against Abu Sayyaf fighters who have close to the regional terrorist group Jemaah Islamiyah.

    . The Department of Labor & Employment (DOLE) is eyeing the deployment of about 15k Filipino workers to Guam to build the camp and houses of 8k US Marine Corps personnel who will be removed from Okinawa, Japan in 2008.

    . Philippine nursing graduates who passed the leakage-tainted June 2006 licensure exam may not qualify for the examination of the Commission on Graduates of Foreign Nursing Schools (CGFNS) and therefore lose the chance to work in the US.

 

. Thailand’s army commanders ousted P.M. Thaksin in a military coup while he was in NY, circling his offices with tanks, declaring martial law and revoking the Constitution.

    . Thailand will probably not restore democracy for at least a year, said Gen. Sondhi Boonyaratkalin, the commander who seized power in a bloodless coup.

    . According to sources briefed by the army high command, Thaksin’s bungled response to the insurgency in southern Thailand, which has claimed 1,700 lives in 2 years, was a critical factor in the generals’ decision to get rid of him.

 

. Thousands of Christians in Indonesia, angered by the execution of 3 Roman Catholic militants, torched cars and government buildings, looted shops and attacked a jail, freeing hundreds of inmates.

    . A band of 70 public order officers will patrol the capital (Jakarta) to ensure nightspots and entertainment centers comply with an order to adjust their operating hours during Ramadhan.

    . Indonesian insurance companies inaugurated an arbitration body to settle disputes with policy-holders and bypass the country’s slow and questionable legal system.

 

. Sources say Sime Engineering, a unit of Sime Darby, Malaysia’s oldest conglomerate, is preparing to make an unsolicited bid for Ramunia

    . Stressing that it is committed to tuning around Lotus, Proton says it needs to make the British unit leaner and more efficient, and right-sizing needs to be done quickly.

    . Seacera’s tiles will be distributed through 2 Australian companies in all states, except Victoria, because of an existing agreement with another party there.

 

. Illegal logging remains a serious problem in Laos, even though the government has banned timber exports for the past 15 years, allowing only exports of processed woods.

    . Laotian authorities have outlined their tourism plans and goals for the next decade, aiming to increase revenues to at least $500 million, starting in 2013 by promoting cultural and eco-tourism.

    . The UN World Population Fund in Thailand announced that it is ready to provide humanitarian aid to more than 6,000 Hmong refugees living along both sides of the road to the Houay Namkhao village in Phatchaborin province.

 

. Type 2 diabetes is engulfing India, swallowing up the legs and jewels of those comfortable enough to put on weight in a country better known for famine.

    . Two soft drink manufacturers are under fire in India after a recent report released by a respectful environmental group revealed that the colas in that country contain dangerous pesticides, sometimes at alarmingly high levels. (Coke and Pepsi have hotly disputed the conclusions.)

     . Describing as “worrisome” activities of externally-sponsored terror groups, P.M. Sing warned of a spurt of suicide attacks targeting religious, economic and sensitive institutions in the country.

 

. P.M. Asiz of Pakistan has called upon all sections of society, including parliamentarians, businessmen, government servants and the public at large to play their due role and fulfill their personal and collective responsibilities in maintaining the sanctity of Ramazan.

    . The Central Development Working Party (CDWP) approved 23 projects costing Rs 22.9 billion, while deferred 3 projects worth Rs 9613 billion.

    . The prices of galvanized steel coils have shot up by nearly $100 per metric ton in the international market due to shortage of zinc in the world’s markets, trade sources said.

 

. Eminent Judge & former VP of the International Court of Justice Christopher Weeramanty of Sri Lanka was awarded the UNESCO Prize for Peace Education 2006 at UNESCO’s headquarter in Paris.

    . Disaster Relief Minister Ameer Ali handed over Rs. 15,000 only as an advance for each death victim out of the Rs. 100,000 compensation that is due to be paid.

    . Sri Lanka’s first international domestic airline, Air South Asia, formally known as Holiday Air, will operate their first international flight out of Colombo early next year.

 

 

 

 

 

V. Miscellaneous   

(this section available to paid members only)  TO SUBSCRIBE, CLICK HERE                                      

Copyright 2006 By:
Rawlein G. Soberano, Ph.D.
President
Asian American Business Roundtable
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