" 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. 99 No. 198                                                    October 16, 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 (10-16-08)

 

. Supermarkets in Hong Kong pulled ice cream imported from mainland China that had traces of the chemical melamine off their shelves. Taiwan issued an across-the-board ban on dairy products from Chinese companies involved in the scandal. Chinese exporters scrambled to test samples of milk powder sent to Bangladesh, Yemen and Burma.

     . The delayed disclosure of the discovery of melamine in the milk powder highlights the weakness of China’s 2-tiered product safety regulatory system, designed to protect and nurture a handful of privileged, mostly state-owned companies, such as the Sanler Group whose products were first found to be contaminated.

     . Even as inspectors at other food-producing companies have grown more strict over the past year, Saler was exempt from these checks through a controversial program that is based on the idea companies that had done well on quality tests in the past could be trusted to regulate themselves. At least 9 of 22 dairy companies found to have problems were exempt from government inspections for their milk powder or baby formula.

 

. Melamine, a white crystalline powder used in making plastics and tanning leather that was found in infant formula, was at the heart of China’s troubles last year as well. The chemical was linked to the deaths of thousands of dogs and cats, triggering an international inquiry into the safety of China’s products.

     . For most of China’s food producers, the month since 3/07 (investigation of contaminated pet food) have been marked by turmoil. Their profits have been cut by inflation and their markets wiped out by import bans from countries concerned about food safety.

     . Dairy products from Mengmin, Yashili and Shanghai Yili AB Foods that were recalled last month were also part of this inspection-exempt program. Chinese milk powder is banned from the US, but FDA is concerned that some may have made its way into the country illegally and warned consumers to avoid milk powder from China.

 

. A global backlash to the milk scandal continues to uncover melamine-tainted foods, from chocolate sweets in Osaka to a milkshake in Austria to white rabbit creamy candies in Hartford, CT. The scandal has touched some of the world’s largest food companies, e.g., Nestle, Cadbury, Mars and Kraft Food have recalled products or suspended sales. Imports of Chinese dairy products have been suspended worldwide.

     . China is overwhelming other countries with its ability to produce things at a cheaper price. As long as the global consumer system prevails, there will be always the next melamine. For the second time last month, the General Administration on Quality Supervision (in China) has said that tests have found no contamination.

     . Hundreds of police officers have since raided pastures, breeding farms and milk-purchasing stations in  Shijizhuang, capital of Heibei province. The agriculture ministry said it was trying to help dairy farmers whose businesses have been ruined by collapsing demand for milk.

     . After 7 years in Guantanamo, a small band of Chinese Muslims are no longer considered enemy combatants but won’t be sent to China for fear of being tortured as Beijing still considers them terrorists.

 

. Geothermal power accounts for about 28% of electricity generated in the Philippines. With 90 million people, 40% of whom live on less than $2 a day, PI has become the world’s largest consumer of electricity from geothermal sources. It saved the country billions of dollars from importing oil and coal.

     . In installed geothermal power capacity, PI ranks 2nd in the world, narrowly trailing the US, which has far more geothermal potential, far more engineering talent, and far greater demand for clean sustainable power.

     . Philippine engineers have made the most of their natural blessings, inventing the world’s first large-scale injection system. After 25 years of operation, this system has consumed nearly all of the fields’ heat and steam pressure. The islands are among the path of a chain of volcanoes that line the Pacific waters. A volcano is a reliable source of heat and steam that begs to be harnessed to improve the quality of life.

 

. With a population of more than 10 million, Bangkok (Thailand) suffers from many of the ailments of fast-growing cities elsewhere in the developing world: Polls put traffic congestion, corruption and overburdened services at the top of a long list of complaints from its long-suffering residents.

     . Across Bangkok, Chuwit Kamolvisit, former massage parlor king and self-confessed briber of police, hoped to win the election for governor of Thailand’s largest city. He campaigned as someone angry at the corruption in the city. He lost to the incumbent (Apirak Kosayodhin) who won reelection.

     . Chuwit was the most colorful of 16 candidates. He made his money from a string of thinly disguised brothels and once boasted of paying the police almost 3.5 billion baht in bribes. But he sold his business, cleaned up his image and reinvented himself as an independent politician.

 

. Burma, where one of the world’s most repressive and isolated military governments relies on trade with China, has now warned its people to stay clear of all Chinese dairy products. Because of the tainted milk, China’s product safety regulation is plunging new depths.

     . The Burmese government has publicized its destruction of 16 tons of Chinese baby food tainted with melamine, the industrial chemical that was mixed with milk products leading to the deaths in China of 4 infants, the sickening of more than 54k babies and a Chinese government crackdown on 22 dairy companies.

      . The anomaly of consumer protection in Burma points to the scale and severity of China’s global public-relations disaster in the wake of what appears to have been a long-standing, industrial-scale scheme to adulterate infant formula and other milk products.

 

. After months of violent demonstrations, Tata Motors, the Indian manufacturer of the world’s cheapest car, will abandon its $350 million factory in West Bengal state.

     . From the start, farmers said the government had given them too little compensation and pressured them too hard to leave their land so that Tata could build a 1,000-acre plant an hour’s drive from Kolkota (Calcutta)

     . Across India, land acquisition projects for about 92k acres (estimated to be worth $54 billion) are stalled by protests launched mainly by peasant farmers. Kolkota’s formerly left-wing intellectuals and celebrities were torn on the Tata issue, saying the case is symbolic of a society wrestling with its transformation.

     . India banned smoking in public places, a move the government hopes will help curb the habit in a country that has one of the world’s largest populations of smokers.

 

. In the past 3 years, collection agents from call centers in India phoned hundreds of Americans a day and politely asked them to pay up. As the financial crisis plunges Americans into debt, it is one of the fastest-growing sectors in Indian outsourcing. It is one of the few outsourcing sectors that is still hiring aggressively.

     . Collection agents are starting to see the flip side of the cult of America whose hopes and dreams are easily accomplished by people who live in brand-name wonderland of high-paying jobs, big houses & luxury getaways .They see a country hobbled by debt & filled with people scared of losing their jobs, homes & cars.

     . Talking to so many anguished Americans has taught these agents an important lesson: Live within your means. Agents with credit cards vow to pay them off every month, even during the upcoming holiday shopping season when malls feature neon signs advertising flat-screen TVs and air-conditioners.

     . India handles an estimated $16 billion (or about 5%) of delinquent US accounts. More complicated health insurance bills and mortgage payments are still handled inside the US, industry executives say.

 

.  Pakistan’s president (Asif Ali Zardari)  united one of the country’s hard-line mosques and its feminists after his friendly conversation with Sarah Palin at the UN, calling his gestures indecent, his remarks filthy, and his disposition cordial towards a non-Muslim woman wearing a short skirt. Pakistani press concurred.

     . Against the backdrop of a string of suicide bombings, British, American and UN officials are grappling with ideas of a negotiated settlement with the Taliban. Naiwar Sharif is playing a key role with the Saudis about settlement between Karzai and the Taliban for withdrawal of foreign forces from Afghanistan.

     . Its foreign reserves exchange is so low that it can only afford one month of imports and faces possible bankruptcy.

 

 

 

 

 

 

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