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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. 86 No. 172                                                      September 16, 2007

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 (09-15-07)

 

. Last month saw sudden eruptions of popular protests, breaking a graveyard peace preserved for long at gunpoint in two neighboring South Asian countries. The people of Burma and Bangladesh, however, are showing no readiness to rejoice too soon. To many of them, democracy still seems a considerable distance away.

    . Separatist militants in Thailand’s mostly Muslim southern provinces have stepped up a decades-long, low-intensity insurgency into a wave of brutal bomb attacks.

    . Three bombs exploded almost simultaneously in and around Nepal’s capital, killing at least 2 people and injuring 13 in the first attack on Katmandu since a Communist insurgency ended last year, authorities said.

 

. Polluters along two of China’s main rivers (Huai and Liao) have defied a decade-old clean-up effort, leaving much of the water unfit to touch, let alone drink, and poses a risk to a sixth of the population.

    . China’s ruling Communist Party will hold a major Congress beginning Oct 15, a twice-a-decade event at which Pres Hu Jintao will see his tenure as party leader renewed, state television reported.

    . Two Chinese brothers clawed their way out of a collapsed mine after surviving underground for nearly 6 days, shocking grieving relatives who had burned money for the men’s souls to use in the afterlife, state media said. With no food, they “ate coal and drank urine” to survive.

 

. Computer maker Acer of Taiwan announced it would acquire Gateway, the 3rd biggest US personal-computer company for about $710 million in cash, doubling its US market share to 11.1% from 4.8%.

    . Minister of Foreign Affairs James Huang said that Taiwan shares the same stance as US in opposing changes to the “status quo” for the Taiwan Strait, accusing China for making every effort for the change.

    . Fitch Ratings said it was concerned that the nation’s smaller and under-capitalize banks would pose a growing threat to the overall banking system as their financial health has deteriorated fast since last year.

 

. Matsushita Electric Industrial Co. of Japan said that Nokia’s replacement of mobile phone batteries made by the Japanese electronics maker is likely to cost it 10 to 20 billion yen($86 to $172 million). It involves 46 million batteries which will be replaced for free.

    . Sony has developed an environmentally-friendly prototype battery that runs on sugar and generates enough electricity to power music and a pair of speakers, the Japanese company said. The bio battery’s casing is made of vegetable-based plastic. It works by pouring sugar solution into the unit, when enzymes break it down to generate electricity.

    . Just a week after naming a new cabinet in an effort to regain public trust, P.M. Shinzo Abe was hit with another scandal, e.g., calls for his environment minister to resign over misreported political funds. It was the 6th scandal involving a cabinet member in his first year. Four have resigned this month, and 1 killed himself.

He resigned as well.

 

. Taliban militants released the last batch of 7 of the 23 South Korean lay missionaries as they traveled by bus from Kabul to the former Taliban stronghold of Kandahar on 7/18.  This brought to an end the 6-week hostage drama, witnesses said.

    . In South Korea, where calibrations of human worth are obsessively tied to college achievement, admired performers (Yoon Suk Hwa), beloved media personalities, assorted scholars (Shin Yeong Ah has since vanished), and a Buddhist monk (Ji Gwang) have been exposed as long-time resume’ inflators. There are also talks of fraudulent credentials among Christian ministers.

    . North Korea thanked the outside world, including the US, for aid donations after devastating floods last month that killed hundreds and left hundreds of thousands homeless. The flood caused major damage to its outdated infrastructure and dealt a heavy blow to its already anemic economy.

 

. Only 30 years ago, most top officials and professionals came from the same old elite of noble lineages and long-settled Chinese families. There were few cars on Bangkok’s streets that did not belong to a company, government office or international agency. From there upwards, the middle class grew like mushrooms.

    . Foreign firms arrived in a trickle and then a flood. University expansion in the 1970s produced a flood of new graduates in the 1980s. In the middle of the great boom in 1986-1996, there was a cultural transition: the Chinese heritage became the focus of legitimate pride. TV dramas celebrated the role of Chinese immigrants that had been left out of history books. Chinese language teaching boomed.

    . The new middle class grew with the globalization of the Thai economy and seemed to appreciate that fact, and even celebrate it. Time spent in a university, however short and perfunctory, was the required finishing touch for a proper education. The picture of the new middle class lifestyle, e.g., house, car, appliances, foreign holiday was copied from western models and expanded through advertising. The language of modern commerce and retail was English.

. Philippine President GMA said accepting rebels back into the folds of law through amnesty, and providing them access to the government’s socio-economic services, are essential to attaining peace & reconciliation.

    . The Professional Regulation Commission (PRC) announced that 168 out of 429 passed the Master Plumber License Examination given by the Board of Master Plumbers in Manila, Cebu and Davao this month.

    . Manila Electric Co (Meralco) is offering package of discounts for electricity consumed by special customers, primarily schools and private hospitals with electricity demands higher than 5 kilowatts.

 

. Indonesia tested this summer popular Chinese-made items and added to a list of horrors: mercury-laced make-up that turned the skin black, dried fruit spiked with industrial chemical, carcinogenic children’s candy.

    . Indonesia and Russia signed a $1 billion arms deal that many analysts see as part of a broader Russian

effort to restore diplomatic and military clout in the Asia-Pacific region and make money too, taking only

paying customers. Russian companies also signed deals with Indonesian firms in mining & energy sectors.

    . Muslim clerics have declared that a nuclear power plant set to be built in Central Java is religiously forbidden because its danger outweighs potential benefits, a scholar said.

 

. Two dozen demonstrators tried to mount a protest against rising fuel prices but marched only 30 yards before being beaten and wrestled into trucks by civilians who back Burma’s military govt, witnesses said.

    . Burma’s military junta halted a 170-mile opposition march in its first steps and arrested 3 of its organizers on one of the harshest crackdowns on dissent in 20 years. More than 100 people have been arrested I 10 days, said the opposition National League for Democracy.

    . Twenty Burmese security officials were held captive for several hours by Buddhist monks in the central town of Pakokku. EU Parliament called for an emergency meeting at UNSC for Burma.

 

. The US Educational Organization in Vietnam will be mobilized to find further ways to help Vietnamese students go to the US, said US ambassador Michael Michalak.

    . Party, state, government and national assembly leaders have received greetings from around the world on the occasion of the nation’s 62nd National Day.

    . P.M. Nguyen Tan Dung told ministry officials to provide loans for disadvantaged students attending tertiary schools and vocational training schools.

 

. Last month saw an extraordinary demonstration of strangely selective “news value” in the British and US media. A pair of synchronized bombs ripped apart two crowded night spots in Hyderabad, India. The explosion killed 42 people and wounded at least 100 more. Since the attack, police have found and diffused 19 more bombs at movie theaters, bus stops and pedestrian bridges.

    . One in three Indian women will be raped or sexually assaulted in her lifetime—a rate 3.5 times higher than any other racial groups. Many women who are raped do not have access to basic public health resource. There is no staff trained to treat them. Many cannot get rape kits, the exams used to collect evidence after a rape. With no forensic evidence, rapists are free to rape again.

    . Nokia, the world’s largest cell phone maker, said India overtook the US in Q2 to become its second-largest market in sales after China.

 

. President Pervez Musharraf’s meticulously managed political stage was jolted by the news that he may face challenges to his power from not one, but two, of Pakistan’s exiled former prime ministers.

    . The majority of madrassas in Pakistan (more than 60%) is affiliated with fundamentalist Deobondi sect, an austere interpretation of Islam that calls for a rejection of modernity and return to the “pure, 7th century Islam of the Prophet Muhammad.” Politically savvy and extremely well-funded, more than 10k of these schools operate across Pakistan today, compared with fewer than 1k before General Zia took power. Thousands more operate unofficially.

    . Decades later, that hasn’t changed. While the military accounts for a quarter of the national budget, less than 3% is spent on education, health and public welfare. From a population of 450k in 1947 after the parti- tion, to a surging metropolis of more than 15 million today, Karachi is among the most dangerous cities in P.

 

. Police in Bangladesh arrested former P.M. Khaleda Zia as part of a major campaign against corruption launched by the country’s army-backed government. She and her son (Arafat Rahman Coco) were remanded in custody pending an investigation by the government’s anti-graft body, officials said.

    . Streets and markets bustled again in the biggest cities after the government suspended an indefinite curfew imposed to quell violent student protests demanding an end to emergency rule.

    . The military-backed government ordered its 24-hour TV news channel to stop operations for allegedly forging documents for its frequency approval, a station official said. The Ministry of Information said station officials were guilty of fraud in frequency approval.

 

 

 

 

 

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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