■ Retailing
Direct selling green-lighted
China is preparing to lift its ban on direct selling and plans to issue a draft regulation by September, state press reported yes-terday. "Illegal pyramid selling will face a serious crackdown while legitimate direct selling companies from home and abroad will receive encouragement and support from the Chinese government," said Deng Zhan, deputy director-general of the Ministry of Commerce's Foreign Investment Administration. China imposed a ban on direct sales in 1998 after numerous fraud scandals. Ten foreign-funded direct selling companies such as Amway and Avon were allowed to continue opera-ting but had to shift promo-tion of their products to retail outlets, the China Daily said. The stop-gap measures are set to come at the end of this year, in line with promises China made on its accession to the WTO.
Richard Holwill, vice-president of Alticor Inc, Amway's parent company, was quoted by the news-paper as saying the deregu-lation followed China's commitments to the WTO.
■ Cameras
Digital sales to soar
Worldwide unit shipments of digital cameras will exceed 100 million units in 2008, from an expected 68.6 million units this year, mar-ket researcher IDC said. Global shipments of digital single-lens reflex cameras, or models favored by pro-fessionals, will be 2.1 million units this year and reach 6.6 million units in 2008 as digital SLRs replace film-based SLRs, Christo-pher Chute, senior analyst at IDC, said. Shipments of digital SLRs will be driven by sub-US$1,000 price points, legacy users of Nikon Corp and Canon Inc models, and new users interested in developing photography as a hobby, Chute said.
■ Telecoms
NTT DoCoMo gets new boss
NTT DoCoMo Inc named executive vice president Masao Nakamura as its next chief executive officer, replacing Keiji Tachikawa. Nakamura, 59, will be charged with reversing market-share losses at the world's second-largest mobile-phone operator, said Norio Wada, president of DoCoMo parent Nippon Telegraph & Telephone Corp. at a press conference in Tokyo. Nakamura takes the reins at DoCoMo as the market leader is losing ground to rival KDDI Corp's phone network and is predicting sales to decline in the business year ending March 31. Under Tachi-kawa, DoCoMo pioneered
i-mode, the world's first wireless Internet service, and FOMA, the first so-called third-generation network for faster access to games, music and video on a handset.
■ Automakers
Mitsubishi barred
Japan's National Police Agency has barred Mitsu-bishi Motors Corp and its truck affiliate from bidding for police orders for 11 months following allega-tions that company officials covered up defects which caused the wheels to come off, a news report said yesterday. The measure, which took effect on Thursday, prevents Mitsu-bishi Motors and Mitsubishi Fuso Truck & Bus Corp from selling vehicles to the agency, Kyodo News agency said. The decision comes after seven former Mitsu-bishi executives were arrested earlier this month on suspicion they falsified a report on an accident in 2002 in which a wheel flew off a truck and killed a woman. Japan's Transport Ministry has also taken a similar step.
SECURITY: As China is ‘reshaping’ Hong Kong’s population, Taiwan must raise the eligibility threshold for applications from Hong Kongers, Chiu Chui-cheng said When Hong Kong and Macau citizens apply for residency in Taiwan, it would be under a new category that includes a “national security observation period,” Mainland Affairs Council (MAC) Minister Chiu Chui-cheng (邱垂正) said yesterday. President William Lai (賴清德) on March 13 announced 17 strategies to counter China’s aggression toward Taiwan, including incorporating national security considerations into the review process for residency applications from Hong Kong and Macau citizens. The situation in Hong Kong is constantly changing, Chiu said to media yesterday on the sidelines of the Taipei Technology Run hosted by the Taipei Neihu Technology Park Development Association. With
CARROT AND STICK: While unrelenting in its military threats, China attracted nearly 40,000 Taiwanese to over 400 business events last year Nearly 40,000 Taiwanese last year joined industry events in China, such as conferences and trade fairs, supported by the Chinese government, a study showed yesterday, as Beijing ramps up a charm offensive toward Taipei alongside military pressure. China has long taken a carrot-and-stick approach to Taiwan, threatening it with the prospect of military action while reaching out to those it believes are amenable to Beijing’s point of view. Taiwanese security officials are wary of what they see as Beijing’s influence campaigns to sway public opinion after Taipei and Beijing gradually resumed travel links halted by the COVID-19 pandemic, but the scale of
A US Marine Corps regiment equipped with Naval Strike Missiles (NSM) is set to participate in the upcoming Balikatan 25 exercise in the Luzon Strait, marking the system’s first-ever deployment in the Philippines. US and Philippine officials have separately confirmed that the Navy Marine Expeditionary Ship Interdiction System (NMESIS) — the mobile launch platform for the Naval Strike Missile — would take part in the joint exercise. The missiles are being deployed to “a strategic first island chain chokepoint” in the waters between Taiwan proper and the Philippines, US-based Naval News reported. “The Luzon Strait and Bashi Channel represent a critical access
Pope Francis is be laid to rest on Saturday after lying in state for three days in St Peter’s Basilica, where the faithful are expected to flock to pay their respects to history’s first Latin American pontiff. The cardinals met yesterday in the Vatican’s synod hall to chart the next steps before a conclave begins to choose Francis’ successor, as condolences poured in from around the world. According to current norms, the conclave must begin between May 5 and 10. The cardinals set the funeral for Saturday at 10am in St Peter’s Square, to be celebrated by the dean of the College
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