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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 (Vol. 48 No. 96)
July 17, 2004

General    Private Sector    Federal Government    International    Miscellaneous

 I. General   

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II. Private Sector   

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 III. Federal Government   

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IV. International

 

. The technology to identify the sex of a fetus became widespread in Asia in the mid-1980’s, and more parents each year have used it to weed out less-valued daughters before they are born. It is illegal throughout Asia but the balance of boys and girls in the younger generation continues to worsen in many of these countries, especially China & India.

. Because son preference has been a significant phenomenon in Asia for centuries, the Chinese actually have a term for such young men who will have difficulty in finding wives—“bare branches” because they will never bear fruit.

. The results of such evils, as kidnapping and selling women to provide brides for those who can pay the fee. Scarcity of women leads to a situation in which men with advantages—money, skills, education—marry, but men without such advantages will not.

. Throughout history, bare branches in East and South Asia have played a role in aggravating societal instability, violent crime and gang formation.

. Forty percent of the world’s population is in China and India. The likelihood of diminishing prospects for democracy, stability & peace because of the extremely low status of women in those societies will affect not only Asia but the world.

 

. Scientists in China have disturbing news about a strain of the flu virus circulating among ducks in Asia. The virus is getting professionally more lethal to mammals.

. After analyzing the genetics of the virus, the researchers conclude that the virus had mutated over time to become more lethal.

. Research is alarming because the virus jumped to people in Hong Kong in 1997, causing deaths.

 

. In Asia, with 60% of the world’s population, 7.4 million people are living with HIV. The epidemic is fueled by injected drug use, infected sex workers and sex between men, but is fast moving into the general population, says a new report by U.N. AIDS organization.

. China & India have the severe epidemic in the number of provinces, territories and states. In Indonesia and Vietnam, infections among people who inject drugs have soared.

. The UN report praised Thailand and Cambodia for slowing the rate of new infections through preventive programs.

 

. People near the Aral Sea in Central Asia have 3.5x more genetic damage than a US sample group, leading to higher cancer rates.

 

. China is not likely to raise interest rates in the short term, an official with a Govt. research institute was quoted as saying by state media.

. China’s ministry of land & resources announced on its Web Internet it had more oil reserves than expected, news that may bring relief to a country increasingly concerned with its growing reliance on crude oil imports.

. Apache has been ordered to pay $71 million in damages to Texaco’s Chinese unit.

. DOC ruled that shrimp from a number of Chinese and Vietnamese companies is being sold in the US at unfairly low prices. It imposed preliminary duties ranging as high as 113%. Four of six countries accused of selling shrimp at unfair prices, besides China & Vietnam, were Thailand & India (4 from Asia). The other two were Brazil and Ecuador. The six accounted for 74% of all exports in 2003.

. Pfizer said its Chinese patent for Viagra had been overturned and that it would appeal. This is the first time the Chinese Govt. had overturned a pharmaceutical patent.

. Beijing agreed to stop giving tax giving tax breaks to domestic producers of semiconductor that it doesn’t give to companies that exports such products to China, announced the USTR office.

. China is preparing strong policy measures to support local semiconductor companies, after a deal with the US to scrap its preferential tax regime.

 

. The half million people who marched in Hong Kong last week sent a strong message to Beijing and its attempts to contain the city’s democratic aspirations are not working.

 

. Condolezza Rice met top Chinese leaders and rebuffed their demand for an end to US arms sales to Taiwan.

. She reaffirmed US position of not supporting independence for Taiwan, and opposed unilateral action by either side to change the status quo.

 

. The LDP (Liberal Democratic Party) of P.M. Koizumi suffered a setback In key upper house elections last week by losing one seat while the DP (Democratic Party)

 gained 12.

. North Korea appears to have found a new way to keep its flaccid economy upright: selling fake Viagra to South Koreans. Drug trafficking has been a crucial source of foreign currency for Kim Jong Il’s cash-strapped regime for some time. 

. North Korea is producing & deploying new intermediate ballistic missiles with a range of 1,800 to 2,500 miles, putting within reach dozens of military US installations in Japan & other parts of the Pacific region, said South Korea.

 

. In the countries’ highest-level talks in 2 years, Secretary of State Colin Powell met privately with North Korea’s foreign ministers at an Asia-Pacific security conference in Jakarta. North Korea has repeatedly rebuffed world pressure for it to halt its suspected nuclear-arms program.

 

. Higher world temperatures are hurting rice crops. A research team working in RP studied 12 years of rice yield and 25 years of temperature data. For every degree of warming, rice yields dropped by 10%.

. RP has negotiated agreement with foreign governments that require that maids be given a day off per week.

. The new round of joint military exercises between Filipino & American troops in Mindanao will not stir up tensions between the military and the secessionist MILF (Moro Islamic Liberation Front) despite the fact the exercise will be held in rebel-infested areas, said the Defense Secretary of RP.

 

. King Bhumibol Adutyady of Thailand has inaugurated Bangkok’s first subway line, a $2.5 billion project that city officials hope will ease the capital’s notoriously congested traffic.

 

. A possible fresh outbreak of bird flu after 600 chicken at a farm died within a few days. Avian influenza, spread across much of Asia from 12/2003 to 4/2004, killing 24 people. About 100 million fowl died or were culled.

 

. US cut the number of delegates to the world AIDS conference in Bangkok, citing need for savings. Cutback affected only HHS participation, but not that of DOD, VA and State.

 

. Thailand has embarked on negotiations towards a trade agreement with the US which is stressing for stronger protection for its drug manufacturers, especially for their clinical test data.

 

. The export of women for domestic service has grown dramatically since the Asian financial crisis in 1997 severely affected some countries in the region, like Indonesia.

 

. The two top candidates in Indonesia’s presidential elections, e.g., General Susilo Bambang Yudhoyono of the Democrat Party and the incumbent President Megawati Sukarnoputri, are scheduled for the Sept. 20 runoff, with 34% and 26% of the votes respectively. General Wiranto of the Golkar Party came in 3rd with 22%.

 

. Several Asian companies were less affected by the crisis, like Malaysia, Singapore & Hong Kong, where middle-class families can afford to have cheap domestic help to iron clothes, do laundry, cook & clean, as well as wash several cars that might be sitting in the garage.

 

. In Malaysia, a country of 23 million people, 160k Indonesian maids were registered last year, compared with 585 in 1991. Another 100k were probably working in Malaysia illegally, according to Indonesia’s Commission on Violence Against Women.

 

. Saudi Arabia has the largest number of Indonesian maids (about 200k), according to the Indonesian Govt., even though terrible abuses are reported there every year.

 

. The connection between maid & employer is made by commercial recruitment agencies, which often operate out of the public eye.

 

. India’s new government will push ahead with economic reforms, including privatization even when there are objections from its Communist allies, said its finance minister.

 

. US is ready to sign an “open skies” agreement with India that would remove all civil aviation restrictions, such as limits of destinations and government approval for price & service charges, said a US DOT Asst. Secretary.

 

. At least 22 people, including 7 policemen and 3 children were killed in Kashmir in 3 flare-ups of violence despite peace moves by India & Pakistan.

 

. A Tamil Tiger suicide bomber detonated explosives at a police station killing 4 officers and wounding 7 other people in the first attack in the Sri Lankan capital (Colombo) since the rebels signed a ceasefire 2 years ago.

 

. Tibet looks to traditional medicine as economic cure. Tibetan medicine production is a growth industry identified by the government as an economic backbone.

 

.  The surprisingly strong performance by a coalition of democratic candidates in Mongolia’s June 27 polls was not just another milestone for democracy in the vast steppes of that sparsely populated nation of nomadic herders. It showed how democracy can rapidly take root in even the most traditional of Asian countries.

V. Miscellaneous   

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

Copyright 2003 By:
Rawlein G. Soberano, Ph.D.
President
Asian American Business Roundtable
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Last modified: October 18, 2005