" Supporting Asian and Minority Businesses"

Home Feedback FAQs 

wpe1.jpg (6714 bytes)

   Member Login

[Home]
[
About AABR]
[
Membership]
[
Services]
[
Bulletins]
[
Products]
[
Our Sponsors]
[
Conferences..]
[
Coming Events]
[
Press Releases]
[
Agency News]
[
Links]
[
Contact Us]
[
Make A Donation]

 
"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. 97 No. 193                                                    August 1, 2008

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

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

 III. Federal Government       Member Login

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

IV. International

 

               

 

IV. International (8-01-08)

 

 

. Xenophobia has returned to China a few weeks before the 2008 Olympics. Racism is back. The Chinese do not like blacks. The presence of police where foreigners gather, e.g., bar, are discouraging visitors to go to places where foreigners and Chinese have traditionally mixed. The insecurity of authorities is palpable and laughable. When confronted about it, they’ll deny it till they’re blue in the face. Their racism has deep roots.

     . In some sections of Beijing, the police hauled out black customers, including the innocent son of Granada’s ambassador. Blacks are watched closely. The same is true of Tibetan nationals who might mount disturbances in sympathy with widespread protests this spring against Chinese repression.  Bar owners must sign a pledge

not to serve certain groups, e.g., Mongolians whose women are stereotyped as prostitutes.

     . The Olympics, which many thought would bring thousands of customers, has instead driven many away, and business owners say they are counting the days until the closing ceremony. Several black patrons interviewed recently in the Sanlitum area, said they had not been denied service although some acknowledged being harassed by the police.

     . The IOC and the Chinese government acknowledged that reporters coming to the Olympics will be blocked from accessing the Internet sites that Chinese authorities consider politically sensitive, contradicting an earlier pledge of unfettered Web access.

 

. Riots shook India after the government trimmed oil subsidies. Truckers in South Korea clogged the roads to protest rising fuel prices. In the Philippines, soaring prices for oil and petroleum-based fertilizer have derailed the economy and ignited calls for a cut in the tax on oil imports.

     . China has carefully plotted to take advantage of the situation of having thousands of foreigners on its soil and set up a system to spy and gather information about each and every guest at hotels where Olympic visitors are located. China’s targets will include journalists, athletes’ families and human rights advocates, report the Hill newspaper and other media outlets.

     . Attorneys for international hotel chains said the Chinese Public Security Bureau (PSB) told foreign-owned hotels to install Internet monitoring equipment.

 

. Thousands of foreign residents are finding China less hospitable these days that it once was because of visa restrictions lightened ahead of the Olympic Games and reported increasing hostility towards outsiders, perhaps influenced by the controversy over Tibet and the Olympic torch relay.

     . The Ministry of Foreign Affairs has dismissed any suggestion that China, which issued 8.13 million visas last year, has changed the way it treats foreigners, and said it continues to welcome overseas visitors.

     . Some human rights activists, business associations and foreign visitors say the visa crackdown has more to do with keeping out potential foreign protesters upset about China’s control of Tibet, investment in Sudan despite oppression in Darfur, or other human rights issues.

 

. A powerful typhoon struck Taiwan, closing schools and businesses, and grounding air traffic. Typhoon Fung Wong made landfall on the east central coast, packing winds of up to 105mph.

     . Former ruling Kuomintang lawmaker (Her Jyh-huel)is expected to serve 10 years in prison after the Taiwan High Court found him guilty of corruption and breach of contracts, e.g., illegal loans from Hsinchu Business Ban and from Kuo Hua Insurance Co., Ltd.

      . The government is confident in keeping the annual consumer price index (CPI) below 3.5% as the country’s inflation is expected to ease for August, said the Council for Economic Planning & Development.

    

. While North Korea has declared how much plutonium it possesses and has broadly agreed to cooperate in the verification of its claims, the technical details of the process remain under discussion. It has not provided details on other possible programs or its participation in building a Syrian reactor destroyed by Israel last year.

     . South Korea’s presidential elections have been bruising, down-to-the-wire contests that exposed the nation’s ideological schisms and raw emotions over its tortured relations with North Korea and US. In a campaign that has otherwise failed to grab the electorate’s attention, there has been really only one issue: the economy.

     . South Korea, fearing a water attack from the North, began work on the Peace Dam in the 1980s, abandoned halfway as misguided cold war scheme, but did not finish until 2005. It was a concept of monstrous walls of water released from a North Korean dam, wiping out most of Seoul, 120 miles downtown with the impact of a nuclear explosion during the 1988 Olympics.

     . South Korea conducted naval defense drills around a cluster of islands at the center of a dispute with Japan over their ownership. The drills came a day after South Korea’s pose under-highly publicized visit to the outcrop, which it calls Dokdo and Japan calls Takeshima.

 

. There is a growing hostility against Pres GMA of the Philippines for her inability to feed her people, worsening poverty & increasing chasm between rich and poor, deteriorating basic social services, nationwide corruption, abuse of power, aura of presidential illegitimacy and mismanagement.

     . Pres GMA rejected appeals to scrap an unpopular sales tax because of surging inflation, warning the food and fuel prices would likely remain high. But she said her government would maintain a 12% value-added tax on oil, the proceeds of which will fund projects for the poor.

     . San Miguel Corp said its packaging units operating projects surged 164% from a year earlier P782 million ($17.6 million) despite a challenging economic environment.

     . Money Gram, a leading money transfer company, attempts to stabilize and expand its network in two of Asia’s largest client territories: Philippines and China.

 

. A stupid escalation of nationalist fervor may end up hurting a lot of innocent people because of an old temple. After years of Thai-Cambodian feuding over ownership of Preah Vihear temple, the Intl Court of Justice ruled in 1962 that it belonged to Cambodia. That decision was formally accepted by Thailand, which added that it never agreed on the precise location of the border (about 1.8 square miles around it). How can Cambodia own the temple and not the land on which it stands?

     . Cambodia’s recent elections failed to meet the standards because of bias in favor of the country’s ruling party, the European Union said. The criticism came a day after P.M. Hun Sen’s ruling party asserted it had won a landslide victory in parliamentary elections.

 

. A new generation of democracy activists in Burma fights on, its ranks strengthened by revulsion over last year’s bloodletting and the government’s inept response after a cyclone killed 130k a month ago. Largely clandestine, they make up a diffuse network of students, militant Buddhist monks, social service workers and leaders of the 1988 uprising.

     . The 1988 Generation has acted on its own, critical of the National League for Democracy (NDL) for losing the trust of the people. The government has turned a deaf ear on its announcements. Anyone involved with NLD gets into trouble. The group criticized the Junta for holding a referendum on the new constitution while bodies floated in the Irrawaddy Delta.

     . Outside experts have compared the network to Poland’s Solidarity Movement in the early 1980s, a broad-based coalition of workers, intellectuals and students that emerged as a key political player during the country’s transition to democracy.

 

. The mild-mannered Oxford-educated economist who became India’s prime minister 4 years ago fought the biggest political battle of his life as he tried to implement the historic nuclear energy agreement with the US.

     . Over the past 4 years, he has frequently been hamstrung by opposition from his Communist allies. He watched helplessly when some allies insisted on involving some corrupt politicians in his cabinet. His repeated insistence on austerity in government spending fell on deaf ears. He kept a low profile and led a frugal life that many Indians admired.

     . When it came to the nuclear deal that he hopes will transform India in the 21st century, he is willing to give up power for something he believes in. It is something no ordinary go-with-the-flow politician (anywhere in the world) will do these days. Everyone seems consumed by desire to win and so is willing to sacrifice principles.

    

. In Pakistan, Taliban militants have tightened their grip on 3 sides of Peshawar, a strategic city of 3 million people near the frontier with Afghanistan.

     . Indian and Pakistani soldiers traded fire across the heavily-armed Kashmir frontier for more than 12 hours overnight into the next day in what the Indian army called the worst violation of a 2003 cease-fire agreement between the nuclear-armed neighbors.

     . The White House reminded Pakistan that it an international obligation to fight terrorism, and besides protecting its own people, it also has an obligation to protect its own neighbors.

 

. The new republic of Nepal failed to elect its first president when none of the 3 candidates was able to muster the majority needed to begin the process to form a new government.

     . Maoist leaders took the initiative to form a new government. They expressed dissatisfaction over the Prime Minister’s (Girija Prasad Korala) to lead the Nepali delegation to the 15th SAARC Summit in Colombo, Sri Lanka.

     . Finance Minister (Dr. Ram Sharon Mabat) said Nepal would table a special proposal on measures to meet the increasing demand of energy, not only in Nepal but also the South Asian region.

 

 

 

 

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
Return to Top

Copyright © 2002, 2003, 2004 Asian American Business Roundtable
Send mail to webmaster@iccsnet.com with questions or comments about this web site.
Last modified: October 18, 2005