January 16, 2008  
* AU Bond Risk Rises, Credit-Default Swaps Show
The risk of Australian companies defaulting on their debt rose 
to a record, Bloomberg News reports, citing traders of credit-
default swaps...
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BANK MANDIRI: Plans for 20% Outstanding Loan Growth This Year
PT Bank Mandiri Tbk plans to boost its outstanding loans by at 
least 20% in 2008 and is setting aside IDR1 trillion for 
acquisitions, Reuters reports citing Bank Director Omar Anwar...
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CENTRO PROPERTIES: CEO Quits; Asks Payment Deadline Extension
Centro Properties Group's chief executive officer, Andrew Scott, 
stepped down from his post and will be replaced by Glenn 
Rufrano, who heads Centro's business in the United States, 
Bloomberg News reports, citing a company statement filed with 
the...
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CENTRO PROPERTIES: S&P Remains CCC+ Rating on CreditWatch
Standard & Poor's Ratings Services said that its 'CCC+' issuer 
credit ratings on Centro NP LLC remain on CreditWatch with 
developing implications, where they were placed on Jan. 3, 2008.  
The 'CCC+' senior-unsecured debt and 'CCC-' preferred stock...
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CHINA EASTERN: Mulls Share-Swap with Air China
China Eastern Airlines and Air China are now discussing an 
alliance plan that involve swapping of shares, China Knowledge 
reports, citing sources who refused to be identified...
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EXCELCOMINDO PRATAMA: Plans to Increase 2008 Revenue by 20%
PT Excelcomindo Pratama Tbk aims to boost its revenue by 20% 
this year and lift subscriber numbers by 3-4 million, various 
reports say, citing President Director Hasnul Suhaimi ...
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IHI CORP: Shares Rise on JFE Holdings Tie-Up Report
Shares in IHI Corp. rose sharply on Friday after a newspaper 
report that said it is in talks with JFE Holdings Inc. regarding 
a merger of some of their operations, the Associated Press says...
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JAPAN AIRLINES: May Cancel Card Unit Stake Sale, Insiders Say
Japan Airlines Corp. may cancel its plan to sell a stake in its 
credit card unit as it raises cash by selling securities 
instead, Bloomberg News reports, citing two people familiar with 
the transaction but who refused to be identified...
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Featured Companies and Professionals

AAR Corp
AF Aerospace Pte Ltd
Alcatel-Lucent SA
Aleris International Inc (fka IMCO Recycling Inc)
Alitalia SpA
Anixter International Inc
Arrow Electronics Inc
Bagalkot Udyog Ltd
Bank Mandiri
Bridgeman Ltd.
Centro Properties Group
China Eastern Airlines Corp Ltd
Chrysler LLC
Cosmo Oil Co Ltd
Crichel Management Ltd.
D Bell Insurance Services Ltd.
DCM Shriram Industries Ltd
Daewoo Electronic Components Co., Ltd.
Dana Corp
Delphi Corp
Dervin Properties Ltd
Directed Electronics Inc
Dura Automotive Systems Inc
Emco Ltd
Export and Industry Bank
First Data Corp
Ford Motor Co
Gap Inc, The
Garware Polyester Ltd
Genexel-Sein Inc.
Global Power Equipment Group Inc
IHI Corp
Japan Airlines International Co Ltd [formerly Japan Airlines Co Ltd]
Manila Electric Co
Metropolitan Bank & Trust Co
Mitsubishi Motors Corp
Mysore Cements Ltd
PDVSA aka Petroleos de Venezuela SA
PT Excelcomindo Pratama Tbk
PT Garuda Indonesia
Perusahaan Listrik Negara PT
Philippine Long Distance & Telephone Co aka PLDT
Picnic Corp PCL
PolyOne Corp
Pukekohe Professional Laboratory Ltd
Quebecor World Inc
STATS ChipPAC Ltd
San Miguel Corp
Sapporo Holdings Ltd
Seji Co. Ltd.
Shore Fire Ltd.
Snijder Singapore Pte Ltd
Softbank Corp
Solutia Inc
State Bank of India
URS Corp
Yew Seng (Lian) Pte Ltd

Professionals
Akin Gump Strauss Hauer & Feld
AlixPartners
AlixPartners
Brown Rudnick
Brown Rudnick Berlack Israels
Ernst & Young
Glass & Associates
Heather Lennox
Houlihan Lokey Howard & Zukin
Jones Day
Kirkland & Ellis
Kramer Levin Naftalis & Frankel
Latham & Watkins
Miller Buckfire & Co.
PricewaterhouseCoopers
White & Case

 THE TROUBLED COMPANY REPORTER - ASIA PACIFIC
 Today's Top Stories have been selected from the Troubled Company Reporter -  Asia Pacific. To receive the Full TCR-AP please CLICK HERE.