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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. 89 No. 177                                                      December 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 (12-/01-07)

 

. Southeast Asian leaders adopted a blueprint aimed at transforming the region into a European Union-style economic bloc that can counter the growing influence of India and China.

    . Women are more affected by climate change than men, says the latest study by a coalition of developmental and environmental groups on the impact of global warming in Asia.

    . It takes 5 to 10 days for the pollution from China’s coal-fired plants to make its way to the US, like a slow-moving storm. Along the way, it contributes to acid rain in Japan and South Korea and health problems from Taiyuan to the United States.

    . Prime Minister John Howard, one of GWB’s staunchest allies in Asia, suffered a resounding loss after 11 years in power. The change in government marks a generational shift in Australia.

 

. China is looking for university students between 18-25 years old, between 5’6’ to 5’10’ tall, beautiful with good figures to serve as hostesses for award ceremonies at next year’s Beijing Olympics.

    . China’s State Council, or Cabinet, has ordered all central organs to use “economic, energy-saving, environment-friendly and domestic-brand” automobiles.

    . Vanguards of the Chinese engineering units arrived in the Western Sudanese region of Darfur to take part in the hybrid peacekeeping force of the United Nations, the African Union (AU). The 135 Chinese peacekeepers were warmly welcomed by UN, AU and Sudanese officials at Niyala International Airport.

 

. Japan’s whaling fleet left port two weeks ago for its biggest-ever whale hunt in the South Pacific, the government’s fishery agency said.  The whalers have orders to kill up to 50 humpback whales., the first-known large-scale for the species since 1963 moratorium put humpbacks under international protection.

    . Japan needs to sort its politics in a way that it can play a larger regional and global role, said Richard Haas, president of the Council of Foreign Relations, calling the country an underachiever at the moment in the region and the world. He added that the political climate does not allow Japan to play a larger role commensurate with its resources and capacity.

    . Japanese are marrying less and buying fewer rings, cutting demand in the second-biggest platinum jewelry market 9n the world (Tokyo) to the lowest in at least 33 years, said a refiner in London.

 

. China is North Korea’s largest trading partner and its principal supplier of food, consumer electronics, clothing and fuel. Trade is booming, with Chinese businesses rushing this year to cash from an improved relation between North Korea and the US.

    . China-North Korean trade grew 16.7% in the first 8 months of this year, reaching $1.35 billion, according to the Chinese customs agency, the Asia Times reported last month. The Council on Foreign Relations, based in NY, last year estimated Chinese trade and investment in North Korea at $2 billion per year.

    . Those living along the southwest coast can often listen to South Korean radio and television, using affordable electronic equipment from China. Tapes & DVDs are much easier to come by in areas near the Chinese border.

 

. For years defection from North to South Korea amounted to just a trickle. Most of those coming to South Korea were men in their 30s and 40s who held positions that made fleeing relatively easy, such as diplomatic work abroad or border duty with the military.

    . The number of defectors to South Korea was only 41 in 1995, but nearly every year since then the number has risen, enhanced by networks of brokers and agents that sprang up. More than 2k North Koreans have settled in South Korea last year, according to the government in Seoul.

    . Seoul-based broker accept payment on installment, with little or no money upfront. Once the defector gets to Seoul and receives $47,700 from South Korea, brokers demand far more than their basic fee.

 

. A bomb explosion at the Philippine House of Representatives in Manila killed 4 people, including the suspected target. Rep. Wahab Akbar, a former Muslim rebel who backed operations against an alleged terrorist group. He was former governor of Southern Basilan province and supported military operations against Abu Sayyaf guerrillas.

    . An anti-corruption group asked the World Bank for transparency and to publicly disclose the report of one of its investigating unit on alleged irregularities found in Philippine projects the international financial institution has canceled funding.

    . The Presidential Commission on Good Government (PCGG) wants the “behest” loan (because 45% of its outstanding principal belonged to Marcos and Philippine Export Guaranty agreed to grant the $120 million loan, being a foreign currency loan) case of Speaker Jose de Venecia Jr. revived after he failed to comply with his July 1988 agreement with the agency to pay back the $120 million loan his firm, Landoil Resources Corp, obtained in the 1970s.

. Pres. Yudhoyono of Indonesia backed his VP Jusuf Kalla and urged Temasek Holdings of Singapore to respect a ruling by Indonesia’s anti-monopoly agency (KPPU). He pointed to US anti-monopoly verdict against software giant Microsoft as an example.

    . PT International Nickel Indonesia (Inco) president director (Arif Sinegar) said this year’s production remained on track despite a strike at the company’s mine in South Sulawesi.

    . Jose Manuel Barroso, president of the European Commission (EC), on official visit to Indonesia, said last week the commission would send another verification team to speed up review of air safety in the country.

 

. The 1975-79 Khmer Rouge government was blamed for the deaths of about 1.7 million people from starvation, disease, overwork and execution. Many Cambodians have voiced their concern that surviving Khmer Rouge leaders might die before being brought to justice. Its movement’s leader (Pol Pot) died in 1998.

    . A Cambodian court charged a former Khmer Rouge head of state with crimes against humanity. French-educated Khieu Samphan is accused of war crimes but denied knowledge of any atrocities committed by the Khmer Rouge during the 1975-79. He is the latest of Pol Pot’s inner circle to face a trial next year.

    . Laos and Cambodia condemned western economic sanctions imposed on Burma after the junta’s brutal crackdown on democracy protests, calling on fellow members of the Association of South East Asian Nations (ASEAN) bloc to stay out of one another’s affairs.

 

. Six political activists, including US, French & Thai citizens, were arrested by Vietnamese police, according to a US-based group that opposes the country’s one-party rule.

    . Vietnam’s trade deficit will more than double to $10.5 billion in the first eleven months of the year, as imports jump by one-third at $54.1 billion, said a local newspaper. Even though it’s Southeast Asia’s 3rd largest producer of crude oil, it could still have to spend $6.55 to buy refined oil products during the first 11 months, a rise of 20%, as it lack refineries.

    . New regulations requiring opening of bank accounts for stock market markets and capitals gain tax on securities sparked debate at a Vietnam Assn. of Securities Business (VASB) seminar in Ho Chi Minh City.

 

. India’s ruling coalition launched a fresh campaign to push a controversial nuclear deal with the US, a day after its Communist allies revived hopes for a pact they had strongly opposed.

    . Faced with setbacks in their former stronghold, India’s Maoist insurgents have responded with a new war strategy that favors large-scale attacks on police forces and high-profile target killings.

    . Intelligence agencies are reported to be on the lookout in the UP blasts for a suspect named Shamim, who underwent training in Pakistan. He is reported to be a close friend of the Sankat Mochan temple and cantonment railway station blasts that struck Varanai in March last year.

    . Indian police rescued a Malaysian businessman (a restaurateur from Kuala Lumpur), kidnapped last week, and arrested three Indian nationals linked to the crime.

 

. Is Benazir Bhutto the savior of democracy in Pakistan? Humbug! The reality is that she is the beneficiary of current emergency rule in the country. She changes colors faster than a chameleon. While she was hashing out a deal to share power with Gen. Pervez Musharraf last month, now she wants him to step down and make a deal with his opponents because the situation has changed.

    . Her political posturing is sheer pantomime. Her negotiations with the military and her unseemly willingness until just recently to take part in Musharraf’s regime have signaled to the growing legions of fundamentalists across South Asia that democracy is just a guise for dictatorship.

    . She lost her government on grounds of massive corruption.  She and her husband, known in Pakistan as “Mr. 10%”have been accused of stealing $1.5 billion from Pakistan’s treasury. She is appealing money-laundering conviction by the Swiss court involving about $11 million. Corruption cases against them in UK& Spain are ongoing.

 

. Oil-rich Sad Arabia led relief effort for cyclone victims in Bangladesh, pledging $100 million in aid as US ships powered to the disaster zone with dozens of helicopters for evacuation. The Organization of the Islamic Conference has called on governments and civil bodies in its 57 member states to send urgent assistance.

    . According to Red Cross, the final toll could go up between 5k to10k. Bangladesh’s top disaster management official told AFP that several nations, including US, UK, Canada, Australia, Sweden & Japan. But where are the other Muslim/Arab countries besides Saudi Arabia, e.g., Kuwait, Libya, UAE, etc.?

    . Food stocks, crops, livestock and drinking water sources as well as entire stretches of roads were washed away by 20-foot high tidal wave which engulfed coastal villages. World Food Program has already started relief work in the disaster areas. The Red Cross estimates that 900k families are affected, a figure that accounts for around 7 million people.

 

 

 

 

 

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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