Monday, January 10, 2011

Around Asia

Just what Myanmar needs. A bigger army to suppress the population

Military-ruled Burma has enacted a law that could conscript men and women into the armed forces and mete out prison sentences of up to five years for draft dodgers.
According to an official document, the law, dated November 4 2010, but yet to be made public, will come into force when proclaimed by the ruling military council, said an official gazette with limited circulation.
Burma, which currently has a volunteer army, boasts a 400,000-strong military which ranks among the largest in the world. Its troops are engaged in continuing conflicts with several ethnic minority groups seeking autonomy from the central government.
The law states every man between 18 and 45 and women aged 18 to 35 may be drafted to serve for two years, which could be increased to five in times of national emergencies. Both sexes are required to register at 18.

The Keystone Cops are obviously in charge Because it sure isn't anyone with a shred of commonsense
The government's decision to replace its ambassador to Russia was a culmination of miscommunications between the prime minister's office and the Foreign Ministry, according to sources close to the matter.
While the formal replacement of Ambassador Masaharu Kono with Chikahito Harada will not likely occur until late spring, insiders view the decision as a virtual dismissal of Kono for his failure to provide adequate information about Russian President Dmitry Medvedev's trip to Kunashiri island on Nov. 1. The island is part of the disputed Northern Territories.

Poor communication between the prime minister's office and the Foreign Ministry was the main reason for the confused response by the government in its Russian diplomacy, the sources said.

The fool who investigates ethics violations is charged with an ethics viloation
The head of a Cheong Wa Dae team that investigates possible ethical violations by presidential aides tendered his resignation Monday for his alleged involvement in a high-profile graft scandal that is shaking the political community.

The presidential office said the resignation of Bae Geon-ki, an official from the Office of the Secretary to the President for Civil Affairs, was based on his own decision not to be a burden to his colleagues and to “prove innocence.”

The prosecution has traced his bank accounts after securing testimony from a jailed restaurant owner that he gave money to Bae in 2009 to seek his influence in expanding his businesses.

Financial institutions always looking for ways to take your money.
Hundreds of small investors fought running battles with police at Motijheel and its surroundings in Dhaka and also staged violent protests elsewhere in the country on Monday after the Securities and Exchange Commission stopped trading amid the biggest crash in the country’s capital market history.

The SEC, scrambling to find a way out of the mess, halted trade at around 11:50am after the benchmark index of the Dhaka Stock Exchange slumped by 660 points and that of Chittagong Stock Exchange by 914 points.

The trading will resume today, said SEC chairman Ziaul Haque Khandkar.

The Bangladesh Bank governor Atiur Rahman held an emergency meeting with commercial banks and asked them to invest in the capital market. The central bank assured them that it would be lenient if the banks go beyond the limits of their investment in the market.

No comments:

Translate