Sun, Aug 23, 2009 - Page 11 News List

Business Quick Take

AGENCIES

■SHIPPING

Bone fragments found

Malaysian authorities yesterday found bone fragments from two bodies on board a stricken Taiwanese oil tanker that was involved in a collision in the Malacca Strait earlier this week. The MT Formosaproduct Brick (立善輪) caught fire and was seriously damaged on Tuesday after a collision with a Greek-managed bulk carrier in the narrow shipping lane. Nine crew members remain unaccounted for. Malaysian Maritime Enforcement Agency Director First Admiral Tan Kok Kwee said although search and rescue efforts were still ongoing for the missing crew members, authorities were not holding out much hope.

■ELECTRONICS

Firm builds a thinner fan

A Kaohsiung-based company has earned a silver award at the 2009 National Invention and Creation contest for developing the world’s thinnest fan to cool down electronic gadgets. The fan, with a thickness of only 3mm, is nearly half as thick as the 5mm regular mini fans, and is one 1mm thinner than the thinnest fan of 4mm produced by a Japanese company. Founded in 1980, Sunon Group (建準電機) has patented its invention, which can be installed in small spaces in electronic products and propel strong air currents through its blades.

■CHINA

Twelve million jobs needed

China can create 12 million jobs this year, about half the number needed should the economy hit an 8 percent growth target, a government official said in an online statement on Friday. The shortfall of 12 million jobs will be larger than last year, according to Yin Weimin (尹蔚民), minister of Human Resources and Social Security. He didn’t provide a comparative number. New university graduates, workers from the countryside and low-income city residents have the biggest difficulty in landing jobs, Yin said. Opportunities at export-oriented companies have plunged because of the international financial crisis, he said.

■AUTOMOBILES

Honda to sell electric cars

Japan’s Honda Motor Co plans to sell electric vehicles in the US early next decade to meet growing demand there for environmentally friendly cars, a newspaper reported yesterday. Honda, which has so far focused on hybrid vehicles, is now developing at least one prototype of an electric vehicle to be unveiled at the Tokyo Motor Show in October, the Nikkei Shimbun business daily said. The move comes after its domestic rivals — Toyota Motor Corp and Nissan Motor Co — announced similar plans.

■AUTOMOBILES

VW assembly bid hits hurdle

Negotiations to assemble Volkswagen cars in Malaysia have ground to a halt, the Edge newspaper reported, citing unidentified sources. Discussions between Germany-based Volkswagen AG and DRB-­­Hicom Bhd, a Malaysian auto and construction group, ran into difficulty about three weeks ago following interference from certain unnamed government-linked bodies, the newspaper quoted unidentified officials as saying.

■INTERNET

Facebook supports tweets

Facebook on Friday said it is letting celebrities, businesses and others with public pages at the social-networking hotspot instantly turn status updates into tweets at Twitter. In coming days, Facebook will release software enabling managers of public pages to route updates automatically to the micro-blogging service.

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