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Note 4 - Plant and Equipment, Net
12 Months Ended
Dec. 31, 2012
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment Disclosure [Text Block]

4.

PLANT AND EQUIPMENT, NET


Plant and equipment consist of the following:


   

As of December 31,

 
   

2012

   

2011

 
                 

Furniture, fitting and office equipment

  $ 46,225     $ 46,225  

Computer and broadcasting equipment

    30,945       30,945  

Exchange translation difference

    142       142  
      77,312       77,312  

Less: accumulated depreciation

    (66,043 )     (52,857 )

Less: exchange translation difference

    163       (99 )

Less: impairment loss

    (11,432 )     -  
                 

Plant and equipment, net

  $ -     $ 24,356  

Depreciation expense for the years ended December 31, 2012 and 2011 was $12,959 and $14,773, respectively.


On or about January 2013, the Company made a decision to cease business operation due to insufficient revenue generated from the online radio business. The Company recorded an impairment loss of $11,432 to those idle plant and equipment for the year ended December 31, 2012.