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From panitikan.com.ph:

The 1st Man Asian Literary Prize

The first Man Asian Literary Prize will be awarded in the Autumn of 2007 for an "Asian novel unpublished in English" and each twelve months thereafter.

Submissions – Works must be submitted in English, electronically through the Prize’s website(www.manasianliteraryprize.org) no later than March 31, 2007 in .txt, .doc or .rtf format. Works may be submitted by the current holder of the rights to the English language version.

Partial submissions of at least 10,000 words will be accepted. However, a complete submission must be made within 30 days of the announcement of the Long List or the work will not be considered.

A long list of up to 20 candidates will be announced on June 1, 2007. The short list of five candidates will be announced on approximately Oct. 1, 2007. The winner will be announced on approximately Nov. 1, 2007.

Award amounts – $10,000 to the winning author; $3,000 to translator (if any and if eligible, details below) of the winning work; and a significant amount at the discretion of the Prize administrators to purchase copies of the work once published, for distribution to regional libraries, schools and other institutions.

Definitions and eligibility:

"Novel" implies a substantial work of fiction, usually a minimum of 30,000 words.

"Asian" means written by an author of 18 years of age or older who is both a citizen and resident of an Asian country or territory, which is defined as one of: Japan, South Korea, North Korea, The People’s Republic of China, The Hong Kong Special Administrative Region*, The Macau Special Administrative Region*, Taiwan, Vietnam, Philippines, Cambodia, Laos, Singapore, Malaysia, Indonesia, East Timor, Papua New Guinea, Thailand, Myanmar, Bangladesh, Bhutan, India, Nepal, Sri Lanka, Pakistan, and Afghanistan.

"In English" means works in the English language, whether originally in English or translations of works already published in other languages. If the work has been previously published in a language other than English, the first publication must be no more than eight years prior to Nov. 1, 2007.

"Unpublished" means that the work’s publication date (if scheduled) must be no earlier than Nov. 15 of the year in which the prize is awarded.

Documentary evidence of citizenship and/or residency may be required. Eligibility of any given submission is at the sole discretion of the prize administration.

Translator eligibility: the submission may also nominate the translator of the work for the prize. The translator may not be the author him/herself, nor a member of the author’s immediate family.

Awarding the prize – authors of short-listed works will be invited to attend the awards ceremony in Hong Kong at the prize’s cost. The author must be present
to be considered for the prize.

Guaranteed publication – should the winning work not have a signed publisher nor be able to secure one in a reasonable amount of time, Chameleon Press, a leading independent Hong Kong publisher (www.chameleonpress.com), will publish the winning novel.

Attendance at the Literary Festival – The winner of the prize will be considered for invitation to the Man Hong Kong International Literary Festival in March
2008.

* "Citizenship" in the case of the Hong Kong and Macau SARs shall be taken to mean "permanent residency."