WTOBO NEWSLETTER  

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Each year, we look for leaders who have increased human value over the long haul and who haven't been afraid to lead their communities by thinking independently. The ones who've shown the greatest success in these areas become candidates for the Shining Star of the Year award... 

Please nominate your candidates by email facts to Info@WTOBO.COM 

*
Asian Business Coalition & allies launch MOYAF (Mentors Of  Young American Families) program
Simon Tung, WTOBO Chairperson, President of Asian Business Coalition, and Ken E. Conklin, President of US Veterans Association, said to the press that MOYAF is to invite experienced senior professionals and executives to assist Young Americans reaching out to the global resources. Mentors will coach and assist YAF in building up high level of skills as well as love, pride and honor in association with family, business and community services. 

To read the whole news ->  " Click to see MOYAF " . 

MOYAF looks for your kind support and participation. Please contact info@wtobo.com , noblehouse@islc.net  . 

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May 31 - June 1, Singapore -- Sponsored by the International Quality and Productivity Center, the meeting will explore processes for optimizing banking  performance and extending the pavement life-cycle through management and maintenance.

CHINA NO LONGER AN EASY GAME  

During the Shanghai Auto Show in late April, Volkswagen and General Motors Corp. put on a brave face. At Volkswagen's 5,000-sq.-meter stand, car buffs could sample tropical fruit, salmon, and chocolate while ogling the new 200-horsepower Golf GTI and the Audi A6L -- a China-only version that's 10 cm longer than the standard A6 to make the back seat roomier for execs with drivers. At GM's display, models in slinky outfits posed beside the chiseled 3.6-liter Cadillac CTS, the new Chevrolet Aveo compact sedan, and -- to give Chinese buyers a taste of GM's former grandeur -- a 1959 Cadillac Eldorado.  

But all the flash in the world can't hide the challenges the two companies face in China. Both came early to the mainland -- GM formed its Shanghai joint venture in 1997, while VW arrived 21 years ago -- and quickly dominated the market. But now they're getting trounced by new entrants offering smaller, cheaper cars. Led by the success of its Elantra compact, starting at $13,600, Hyundai Motor Co.'s unit sales in China soared by 156% in the first quarter over the same period last year according to market researcher

Guangzhou Honda Motor Co. sold 76% more cars as buyers snapped up its $10,360 Fit. And domestic champ Chery's sales climbed 42%, driven by the explosive response to its $3,600 QQ. VW, meanwhile, has seen its 2001 market share of 40% tumble to less than 20% last year, as sales plunged by nearly two-thirds in the first quarter. GM's sales from its Shanghai operation -- its biggest China venture -- dropped 35% in the quarter and its overall profits in China plummeted 80%, to $33 million. . . . . . . . . . . . . . . . . .  

Both GM and VW have outlined ambitious cost-cutting programs in China and are urging more suppliers to start producing in the mainland as well. Competition, though, is sure to increase as ambitious newcomers keep chipping away at the early leaders. China used to be an easy game. Not anymore.   

To read the whole article - HOWGMANDVWFAIL 

** SPECIAL ALERT NEWS  :  

S&P Cuts GM, Ford Credit Ratings to 'Junk' 5/5/2005 Thu 4:23PM ET - AP Standard & Poor's Ratings Services cut its corporate credit ratings to junk status for both General Motors Corp. and Ford Motor Co., a significant blow that will increase borrowing costs and limit fund-raising options for the nation's two biggest automakers.

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PRESIDENT OF KOREA IN LOS ANGELES 

His Excellency Mr. Roh Moo-Hyun, President of Republic of  Korea meeting LA Mayor James Hahn and community leaders at a dinner hosted at Mayor Hahn's residence. 

-      

WELCOME GROUP TRAVEL  
WE WILL OFFER each CUSTOMER $100.00 DOLLARS OR EQUIVALENT GIFTS  IF YOU HAVE GROUP OF SIX AND MORE  

*ONLY  $1199.00 , 8 days China Travel Package includes round trip air-fair, 4/5 star hotel, transportation, . . etc.    GREAT  FOR BUSINESS, VACATION,  GET AWAY, . . .  . etc.  (Inquiries  Email to :  INFO@WTOBO.COM  ) 

HEADLINE  NEWS  <> 

SUPACHAI CALLS FOR GREATER SENSE OF URGENCY IN TRADE TALKS
Director-General Supachai Panitckpakdi, in his remarks before the OECD Council at Ministerial Level in Paris on 4 May 2005, urged Ministers to "provide essential impetus to the work in Geneva", warning that "convergence is not built overnight, and time is running out quickly". He stressed that "failure would be a major setback for growth, development and the multilateral system".

APPELLATE BODY ISSUES REPORT ON SUGAR DISPUTE
The Appellate Body, on 28 April 2005, issued its report on the complaints of Australia, Brazil, and Thailand against "European Communities - Export Subsidies on Sugar" 

CHINA - Agricultural Technology Transfer Project - US$100 million approved by World Bank
to develop and test innovative models for agricultural technology transfer, aimed at generating additional farm income in high-value agricultural markets. The project components include building large-scale technology transfer markets in or near the Yangling Development Zone to be used for exhibition and trade of agricultural technologies and information, promoting Commercially Attractive Key Technologies and New Institutional Arrangements, and financing a range of capacity-building and training activities.

WBank seeks an Education Specialist or Economist
by the East Asia and Pacific Human Development Sector Unit to help meet its clients' needs in secondary and higher education. The candidate will be expected to work with country teams to conduct policy dialogue with clients, provide operational support for programs, and develop new business. Minimum requirements include an advanced degree in a relevant field such as Education, Sociology or Economics, and at least 8 years of operational experience, with a track record of work on challenging human-development projects.

PHILIPPINES - Second Women's Health and Safe Motherhood Project - US$16 million to contribute to the national goal of improving women's health by demonstrating, in selected sites, a sustainable, cost-effective model of delivering health services. It will help increase access to acceptable and high quality reproductive health services for disadvantaged women, and enable them to safely attain desired spacing and numbers of children.

TAIWAN Automotive & Ground Transportation- 
Taiwan authorities have announced plans to invest over NT$ 211 billion on a variety of ongoing and new railway projects between 2005 and 2008 to create an integrated railway transport system. Some 30-40 percent of the total budget will be used to procure equipment and engineering/consulting services. Since local production is insignificant, the Taiwan market for rail equipment is heavily dependent on imports. European and Japanese firms have garnered the majority market, however, there are still potential business opportunities for U.S. suppliers.

Export opportunities for U.S. firms in this sector include: rail cars, diesel-electric locomotives, electrical & mechanical facilities (E&M), signaling systems, communication systems, elevator and escalator systems, power supply equipment, automatic fare collection systems, depot facilities and station/ tunnel service facilities.

Guangdong to Build World's Largest Garbage Treatment Project 

Costing 329 million yuan (39.78 million US dollars), the Likeng Domestic Garbage Treatment Project, is the first garbage treatment project in Guangdong which has the functions of sorting out garbage, anaerobic fermenting and generating electricity with methane gas, said Lu Zhiyi, director of the Guangzhou Urban Outlook and Environmental Protection Administration. Likeng Garbage Treatment Plant is located in Tai He Town, Baiyun District, 29 kilometer away from the downtown area of Guangzhou. 

The project has a disposing capacity of 1,000 tons daily, larger than the daily disposing capacity of 600 tons of the currently world's largest multiple-functional garbage treatment project in Spain.  The No. 2 power plant, which burns 2,000tons garbage daily, will go into operation by the end of 2007 and the third one is expected to be completed before 2010, burning 3,000 tons of garbage daily.   -   Source:The People's Daily and Xinhua News Agency


COSMETICS & SKIN CARE - in Vietnam  
The cosmetics sector in Vietnam is in the early stages of development. Presently, the sale of cosmetics and beauty products is largely uncontrolled and is plagued by a wide range of fake, mislabeled, and smuggled products. The Vietnamese cosmetics market is, therefore, highly price sensitive and full of cheap knock-offs, both of which are potential hurdles for international cosmetic giants who may wish to enter the market but who usually offer their products at premium prices. The 2004 Vietnamese market share of cosmetics products sourced from foreign nations is as follows: Korea - 30%, Japan - 17%, EU - 23%, US - 10%, Thailand - 13%, and Others - 7% 

Contact Info@wtobo.com for details . 

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Food Processing/Packaging Equipment needed in E. Java 

East Java is one of the main liquid milk producers in Indonesia, with several leading dairies located in the area, such as: P.T. Nestle Indonesia, Frisian Flag Indonesia, P.T. Prima Japfa Jaya and P.T. Sari Husada. The US$2.7 million dairy plant is built on 2.75 ha of land and has a production capacity of 40 tons of high temperature liquid milk using Tetrapak machinery from Sweden. Marketing of the dairy products is target for Eastern Indonesia including Bangka, East Kalimantan, South Sulawesi and East Java.

Implication for U.S. business: Continuing expansion of Indonesia's dairy industry should offer opportunities for U.S. exports of food processing and packaging equipment. Sekar Tanjung has announced plans to expand the business within the next several years. CS Jakarta will continue monitoring the growing dairy industry, identifying commercial opportunities for American companies as they develop.

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Foreign Hospitals in Foreign Economic Zones in Korea from 2008

Korea's National Assembly passed revisions to the Act on Designation and Management of Foreign Economic Zones (FEZ) on December 31, 2004, which took effect as of April 1, 2005. The amendments include provisions that allow native Koreans to receive medical services at foreign-run hospitals in free economic zones to be located in Inchon, Pusan, and Kwangyang. Initially, the Korean government hopes to attract world-class foreign-managed hospitals to the Incheon free economic zones. 

Korea is developing free economic zones in three port cities - Inchon, Pusan, and Kwangyang - as part of the government's goal of becoming a hub for business, finance and logistics for Northeast Asia. The amended Act allows general hospitals, dental clinics and recuperation facilities to be established by foreigners or foreign corporations in the special economic zones. These facilities will also be open to servicing local Korean patients, who will pay out-of-pocket. Pharmacies operating in the zones, however, will not be allowed to sell medicine to Koreans.

international volunteers NEEDED
The newly-launched MOYAF needs volunteers to assist centers of young families in designing and implementing communication and fundraising strategies, and teaching skills.     

* LET'S MAKE SOME DIFFERENCES ON EARTH   Please email to Info@wtobo.com (Subject: WTOBO Volunteers)  

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Sponsors/Advertisers in the WTOBO Newsletter.  for more details e-mail WTO2005@AOL.com

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The Pat Brown Institute of Public Affairs  is dedicated to the living legacy of former California Governor Edmund G. "Pat" Brown.

The Institute is committed to conducting timely public policy research, organizing and participating in policy debates, collaborating on community-driven initiatives, and facilitating educational opportunities for diverse communities.

 

joined WTOBO advisorY BOARD -  Sui Cong Ly (also known as Vincent Ly) 
Chief Secretary General of World Federation of Chinese Organization From Vietnam, Cambodia And Laos . Vincent graduated from Vietnam Haining Normal University, had served as Congressman of Republic of Vietnam, County Governor of Vietnam Hainig County and Chief Commander of Vietnam Military Corps-218 .                             - Read the whole article "FLASHNEWS" . 

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Renewable energy system:  The Green Energy Power System  is an advanced environmental technology that treats community trash (include waste auto tires) and turning them into reusable resources. The GEPS is a global renovation which can, without producing secondary pollution, efficiently categorize the community trash and turn them into fuels (electricity), and recover devulcanized rubber and steel bands from waste tires by use of the advanced pyrolysis process (USA patented). 

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Draw # Draw Dates Winning Numbers Mega
1900 6/18/05 5 25 28 36 42 8
1899 6/15/05 34 40 42 44 45 12
1898 6/11/05 2 7 20 39 42 5
1897 6/08/05 21 24 34 40 45 26
1896 6/04/05 14 15 39 42 45 11
1895 6/01/05 2 8 22 29 47 22
1894 5/28/05 5 19 35 38 46 13
1893 5/25/05 4 15 23 26 47 23
1892 5/21/05 3 8 17 18 22 2
1891 5/18/05 12 16 25 31 45 20
1890 5/14/05 15 16 40 42 43 16
1889 5/11/05 2 5 21 25 38 11
1888 5/7/05 12 14 19 43 47 19
1887 5/4/05 45 20 44 16 7 18
1886 4/30/05 28 15 11 36 37 15
1885 4/27/05 29 4 17 31 6 8
1884 4/23/05 29 11 22 16 10 25
1883 4/20/05 31 28 7 13 15 9
1882 4/16/05 21 43 23 19 2 2
1881 4/13/05 43 38 45 42 34 19
1880 4/9/05 15 12 17 19 44 18
1879 4/6/05 22 21 39 29 26 16
1878 4/2/05 13 43 8 16 19 6
1877 3/30/05 22 43 25 1 36 17
1876 3/26/05 18 41 43 3 11 6
1875 3/23/05 23 26 31 9 36 10
1874 3/19/05 16 41 43 10 27 21
1873 3/16/05 1 2 38 41 6 27
1872 3/12/05 17 6 38 46 7 4
1871 3/9/05 12 40 30 1 38 2
1870 3/5/05 26 19 38 46 33 1
1869 3/2/05 30 19 10 21 8 27

Market News 

(Attribute to AMG , MediaPost Communications 2005 )  

Stock Market:

Most Recommended Symbols 
SIRI   RFIL  LU  JMAR  


Most Dropped Symbols

HELE    PSRC  CHINA  DMAR  CHTR   
 

Highest Predicted Target Price increase
VRSO   SRE    XRX    CZR 

Recommended small wonders
NMGC  ARTG   USUR   BIZ   LOGC     

  

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South Coast Chinese Cultural Center - April 24, 2005  

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WTOBO GOODWILL-LEADERS DELEGATION Meeting with Ambassador & Deputy Foreign Minister  Zhou WenZhong and Overseas Chinese Federation in BeiJing  

Meeting with Mayor Dawei Ding, Chairman Yimin Luo , Philippines President Fidel Ramos (past President), Korea Prime Minister Lee, Soo Sung, Former Prime Minister Jenny Shipley, New Zealand and many other World Leaders of  Boao Mega Cities Forum . 

 

 

 
 
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At WTOBO, we support both big corporations and small business companies <<- At WTOBO, we support both small business companies and big corporations .  

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