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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. 87 No. 173                                                      October 1, 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 (10-01-07)

 

. Khmer Rouge ideologue Nuon Chea, top aide to the late Pol Pot of the Killing Fields shame, was arrested and charged with crimes against humanity for the loss of lives of as many as 1.7 million people through starvation, overwork and execution between 1975 to1979.

    . German Chancellor Angela Merkel held a historic meeting with the Dalai Lama that raised tensions with China and led Beijing to cancel at least one official event. Berlin resisted pressure to withdraw Merkel’s invitation.

    . Nepal’s former Maoist rebels quit the interim government and vow3ed to disrupt preparations for historic elections in November unless the Himalayan nation’s monarchy was abolished immediately.

 

. China’s growing middle class is rapidly turning from multiple trips to the family corner stores to one-stop shopping at foreign mega-marts, such as Wal-Mart and Tesco.

    . The former First Secretary of the Chinese consulate in Sydney (Chen Yonglin), until he defected, confirmed Germany’s allegations that China channeled trojans into its state-owned computers. Chen said the general staff of PLA is the main instigator for spying on main military information and high-technology in western countries.

    . Fighting broke out between ethnic Uighur and Han Chinese students at Xinjiang Judicial Officer School. More than 10 people were injured and at least 3 to 6 may have died in the clash, using wooden sticks & steel rods and weapons to beat each other.

 

.  A key General Assembly committee rejected Taiwan’s bid to join the UN, the 15th consecutive year the island has been thwarted in its attempt to become a member of the world body.

    . A former ASEAN secretary general (Rodolfo Severino) calls for Taiwan’s expanded participation in international organizations if Taipei reassures SE Asian neighbors that it is willing to forego de jure independence or any other action that might lead to war.

    . A Ministry of Foreign Affairs (MOFA) advised the public to avoid travel to Myanmar amidst a violent crackdown on protests against the military in the SE Asian region.

 

. Japan’s new P.M. Yasuo Fukuda says he wants to negotiate with the opposition to get the public’s business enacted, but the Democratic Party of Japan will use its domination of the Upper House of the Diet to obstruct Fukuda’s program and forced a general election.

    . In the past years, it was not considered smart in Japan to have a toilet in a conspicuous part of the house. With the advent of smart toilets equipped to do everything but blow-dry your hair, the Japanese are taking the plunge with high-tech commodes.

 

. Most likely unhappy at being accused of supplying aid to purported Syrian nuclear weapons program, North Korea has postponed the six-nation talks that were due to begin Wed (10/3). The US is already reverting to hard-line positions on Pyongyang.

    . The unexplained death of a North defector in an overcrowded Thai refugee camp and the suicide of a 36-year old North Korean woman in Seoul have raised questions and debate about S. Korea’s seeming indifference to the overall plight of defectors from the North.

    . In an effort to compete better in US markets with Japanese rivals Toyota and Honda, South Korea’s #1 auto maker Hyundai is ditching its economy-minded slogans and embarking on a new ad campaign to “smash” its existing image tarnished by the embezzlement trials of its chairman Chung Moon-koo.

 

. Philippine president GMA has played a deft balancing act while exacting large favors from Washington (re-establish military presence in Asia) and Beijing (eyeing RP’s oil resources) in the form of funds, arms and equipment to upgrade its military machine.

   . Former Philippine president Joseph Estrada’s sentence of life imprisonment and forfeiture of $15.5 million after being convicted for corruption charges is being hailed by many. But there is speculation that his fate could foreshadow GMA’s who faces her own share of graft-ridden scandals.

    . Reports, that a military coup plot against GMA, were recently nipped in the bud and are widely seen as a smokescreen to distract the public from government allegations against her husband.

 

. After prolonged waffling, the Thai government is bringing the hammer down on the Muslim separatist insurgency in Thailand’s 4 southern provinces. Some wonder if it is a public relations ploy to allay growing public frustration over the authorities’ lackluster performance.

    . Wind shear, a rapid change in wind speed that can affect takeoffs and landings, was a possible cause of the crash of One-Two-Go airline which is owned by Orient Thai Airlines. The heavy rains contributed to the 24-year old McDonnell Douglas MD-82 jetliner that skidded off the runway in Thailand.

    . Changing times are pushing out the street vendors and budget inns in favor of upscale establishments that

are attracting (besides low-priced backpackers that crisscross SE Asia), more of Bangkok’s notorious sex trade.

 

. Opposite parties in Malaysia routinely garner 40% or more of the votes but win fewer than 10% of seats in Parliament.

    . Just when the country thought its tarnished judiciary couldn’t sink any lower, an 8-minute clip of three Malaysian movers & shakers, including the current chief justice, purportedly discussing the promotion of senior judges has emerged.

    . The $418 million acquisition from Australia’s Woodside Energy, to be concluded in November, gives Petronas significant interest in eight upstream acreages in Mauritania.

 

. Rescue workers found 8 more bodies in the rubble of a bridge which collapsed killing up to 60 people and injuring 180 in Vietnam’s worst such accident. The rains may have softened the foundation, causing the scaffolding to collapse and bringing down a 300-ft section that was being worked on.

    . Vietnam’s Petro Vietnam is building an international reputation with templates from China’s oil giants and Malaysia’s Petronas and by using Haoi’s relationship with old Communist ideological kin, such as Cuba and more recent anti-US foes such as Venezuela.

    . PM Nguyen Tan Dung explained the country’s efforts to receive a non-permanent seat in the 2008-2009 UN Security Council as a way to build further its global commitment to development, peace and security.

 

. Indonesia is losing the thirst for privatization. The decade following privatization of Jakarta’s water supply by two foreign-owned operators has brought only higher prices and dwindling access to running water for the city’s residents.

    . Indonesian paper and plantation magnate Sukanto Tanato has lost his lengthy battle over his 40% ownership to the country’s second-largest coal-mining company.

    . A US Congressional bill that would ban candy- and clove-flavored cigarettes has Indonesia’s big tobacco producers fuming as the overall industry provides jobs to more than 10 million Indonesians.

 

. Hundreds of defiant monks marched through Rangoon, walking through streets lined with cheering crowds, after being barred from Burma’s most revered temple (Shwedagon pagoda) along the way.

    . The marches were the latest in a series of anti-government protests which began 8/19 after authorities raised prices of gas by as much as 500%, further squeezing Burma’s already impoverished citizens. The protesters continued despite detention of more than 100 demonstrators and rough treatment of others.

    . Monks threatened to cut off contact with members of the military and their families, and refuse alms from them, a humiliating gesture that could embarrass the military junta. They are at the forefront of political protests. Because they are so revered by the public, repressing them is politically risky.

    . The military junta cracked down on demonstrators whose numbers shrank after the former clamped down and soldiers raided monasteries in the middle of the night, rounding up hundreds of the monks who had been leading the protests.

 

. The seemingly positive news of oil and gas discoveries in Cambodia must be tempered in light of complex issues surrounding revenue generation and its impact on the country.

    . Cambodian business conglomerate Sokomex has announced plans to renovate the neglected Bokor Mountain Resort as a tourist destination.

    . Senior Cambodian government officials are threatening t to expel the UN-backed tribunal looking into Khmer Rouge war cries should former monarch Norodom Sihanouk be forced to testify.

 

. India’s long-standing ties with Iran appear to be threatening the beleaguered nuclear energy deal between Washington and New Delhi, and more broadly, their growing strategic alliance.

    . India will not give new Japanese P.M. Yasuo Fukuda much time to settle in as New Delhi is desperate for Tokyo’s support in the international arena of its nuclear deal with the US.

    . Powered by the treatment meted out to its retail venture by Uttar Pradesh and Orissa governments, Reliance Industries is shelving its estimated RS 13,000 crore rollout plans in the 2 states, jeopardizing at least 100k jobs.

 

. In the waters separating India and Sri Lanka lies a long chain of sand-capped rocky foundations. Devout Hindus believe the god Ram built them. Now they are threatened by the construction of a massive canal.

    . India’s growing middle class with an increasing spending power could emerge as the main market for Sri Lanka’s gem and jewelry products.

    . Wireless development scorecard (with seven million mobile users) should be featured on fiscal policy planning, said the CEO of Telekom Ltd, Dr. Hans Wijayasuriya.

 

 

 

 

 

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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