■AUTOMOBILES
Group lobbies for subsidy
Carmakers need a government subsidy to roll out the vehicles that Australians want to buy, an industry lobby group said yesterday. Federal Chamber of Automotive Industry spokesman Andrew McKellar said the government should help pay for the shift to more fuel-efficient vehicles from gas-thirsty cars as part of its response to the challenge of climate change. “We have to ensure those new technologies that will support achieving these objectives that they are coming into the marketplace, they are being taken up in terms of new vehicles being manufactured in Australia as well as being made available more broadly across the market,” he said. The government has already promised US$450 million in subsidies for the production of a “green car.”
■TELECOMS
Qatar firm wins court case
Qatar Telecom QSC, which paid US$1.8 billion in June to buy a 40.8 percent stake in Indonesia’s PT Indosat, said the Indonesian Supreme Court had thrown out the legal challenge to its ownership of the stake. “The Supreme Court’s decision today removes the District Court’s order and allows us to keep the shares we acquired in June” in Indonesia’s second-biggest mobile phone operator, Qtel chairman Sheikh Abdullah bin Mohammed Bin Saud al-Thani said in a statement posted on the Doha bourse Web site yesterday. Qatar Telecom is in the process of starting a tender to buy more Indosat shares, the statement said.
■HONG KONG
New slogan being sought
The government is spending hundreds of thousands of US dollars looking for a new slogan to replace the boast of “Asia’s World City,” a news report said yesterday. The territory has spent US$160,000 hiring multi-national communications company Fleishmann- Hillard to supervise the task, the Sunday Morning Post reported. Another US$64,000 is being spent on setting up a Web site for people to offer their ideas on a new slogan and image for the territory of 6.9 million people. The new slogan is expected to compete against regional slogans such as “Malaysia Truly Asia.”
■LIVESTOCK
China open to trotters
The German pork industry, Europe’s largest, is turning its attention to China, not only a vast market, but one with a taste for pigs’ ears, feet and other delicacies that are shunned at home. After two years of negotiations, Berlin sealed a deal last week in Beijing opening the door to China for German pork. “It is extremely positive,” said Michael Stab, in charge of the meat sector for the German Farmers Association. “There is demand for products that are not worth much here, such as trotters and ears, and we are going to try to get quite a good price for them.” The US, Denmark, France and Canada are the biggest meat suppliers to China.
■INDIA
Inflation slowing down
Indian prices of primary articles including food and oil seeds increased at a slower pace in the past 12 months than in the previous year, the government said. Prices of food and non-food articles such as oil seeds and minerals rose by 7.86 percent on average as of Aug. 30, slower than the 9.49 percent annual rate a year earlier, the finance ministry said in an e-mailed statement. Annual inflation remains at a 16-year high, rising three times since the beginning of the year.
A Chinese freighter that allegedly snapped an undersea cable linking Taiwan proper to Penghu County is suspected of being owned by a Chinese state-run company and had docked at the ports of Kaohsiung and Keelung for three months using different names. On Tuesday last week, the Togo-flagged freighter Hong Tai 58 (宏泰58號) and its Chinese crew were detained after the Taipei-Penghu No. 3 submarine cable was severed. When the Coast Guard Administration (CGA) first attempted to detain the ship on grounds of possible sabotage, its crew said the ship’s name was Hong Tai 168, although the Automatic Identification System (AIS)
An Akizuki-class destroyer last month made the first-ever solo transit of a Japan Maritime Self-Defense Force ship through the Taiwan Strait, Japanese government officials with knowledge of the matter said yesterday. The JS Akizuki carried out a north-to-south transit through the Taiwan Strait on Feb. 5 as it sailed to the South China Sea to participate in a joint exercise with US, Australian and Philippine forces that day. The Japanese destroyer JS Sazanami in September last year made the Japan Maritime Self-Defense Force’s first-ever transit through the Taiwan Strait, but it was joined by vessels from New Zealand and Australia,
SECURITY: The purpose for giving Hong Kong and Macau residents more lenient paths to permanent residency no longer applies due to China’s policies, a source said The government is considering removing an optional path to citizenship for residents from Hong Kong and Macau, and lengthening the terms for permanent residence eligibility, a source said yesterday. In a bid to prevent the Chinese Communist Party (CCP) from infiltrating Taiwan through immigration from Hong Kong and Macau, the government could amend immigration laws for residents of the territories who currently receive preferential treatment, an official familiar with the matter speaking on condition of anonymity said. The move was part of “national security-related legislative reform,” they added. Under the amendments, arrivals from the Chinese territories would have to reside in Taiwan for
CRITICAL MOVE: TSMC’s plan to invest another US$100 billion in US chipmaking would boost Taiwan’s competitive edge in the global market, the premier said The government would ensure that the most advanced chipmaking technology stays in Taiwan while assisting Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) in investing overseas, the Presidential Office said yesterday. The statement follows a joint announcement by the world’s largest contract chipmaker and US President Donald Trump on Monday that TSMC would invest an additional US$100 billion over the next four years to expand its semiconductor manufacturing operations in the US, which would include construction of three new chip fabrication plants, two advanced packaging facilities, and a research and development center. The government knew about the deal in advance and would assist, Presidential
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