Asia Pacific News – Argument over pipeline clouds Timor gas deal (The Age)

Argument over pipeline clouds Timor gas deal (The Age)
East Timor warns it will abandon a deal with Australia to exploit natural gas fields in the Timor Sea unless a pipeline is built to deliver the gas directly to the impoverished nation.

NZ aid money helping East Timor get back on its feet (3news)
East Timor’s president, Jose Ramos-Horta, describes New Zealand’s commitment to his country as generous and significant.

TIMOR-LESTE: Bird flu worries as awareness remains low (AlertNet)
Source: IRIN Ask Afonso de Jesus what he knows about avian influenza (H5N1) and the answer is worrying.

IMF Aids Marshall Islands In Establishing Tax Base, (Tax-News.com)
The International Monetary Fund has concluded its consultation with the Marshall Islands on developing a tax system that will secure the territory’s fiscal sustainability after the US Compact Agreement, which provides the island’s government with financial support, expires in 2024.

Japan’s global auto production mixed in October (San Francisco Chronicle)
Honda Motor Co. set record production in Asia and China in October for the second straight month, leading a gradual and spotty recovery at Japanese automakers. Honda, Japan’s second biggest automaker, which has been relatively more resilient than some… Asia – Japan – Honda – China – Society and Culture

National › Japanese engineer returns home from Yemen after release (Japan Today)
A Japanese engineer abducted by armed tribesmen in Yemen returned to Japan following his release and met his family Friday. Tekeo Mashimo, 63, told reporters…

Fishermen to sue over Timor oil spill (Australian Broadcasting Corporation)
Hundreds of fishermen and seaweed farmers are seeking compensation from the Federal Government and a Thai operator after the Montara oil spill in the Timor Sea.

‘Witness’ To Timor Murders Steps Forward (Scoop.co.nz)
A man who claims he was an Australian soldier on the East Timor-Indonesia border and viewed through binoculars but was powerless to stop the brutal murder of 3 United Nations aid workers in Atambua in 2000 has had an application for a disability pension …

Aussie MX and FMX riders tear it up in East Timor (Fullnoise.com.au)
East Timor, the small island nation about an hour north of Darwin; might not be the first place you think of when talking Motocross and FMX, but recently a group of Aussie and local East Timorese riders came together in the nations capital Dili to take part in the country’s biggest and most prestigious dirt bike event – the Conoco Phillips MX International. Although the event was prima…

Japanese PM, Chinese defense minister meet to enhance ties (China Daily)
TOKYO – Visiting Chinese Defense Minister Liang Guanglie met Friday Japanese Prime Minister Yukio Hatoyama for deepening Japan-China mutual trust and exchanges.

Japan Focusing on Yuan-Yen Rather Than Dollar, Citigroup Says (Bloomberg)
Nov. 27 (Bloomberg) — Japanese officials are more likely focused on the exchange rate of the yen versus China’s yuan rather than against the dollar, according to Citigroup Inc., citing the fact that China is Japan’s biggest trading partner.

East Timor threatens to quit gas project (Brisbane Times)
EAST TIMOR has warned it will abandon a multibillion-dollar deal with Australia to exploit natural gas fields in the Timor Sea unless a pipeline is built to deliver the rich bounty directly to the impoverished nation.

Business › Hyundai to withdraw from passenger car sales in Japan (Japan Today)
The Japanese unit of South Korea’s Hyundai Motor Co plans to pull out of passenger car sales in Japan due to sluggish sales, company officials…

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