China saw plunging new loans in February, largely due to the Lunar New Year holiday and a record credit surge in January. New yuan-denominated lending in February dropped to 726.6 billion yuan ($111.96 billion), 297 billion yuan less than ...
Tags: China's New Yuan, new loans
INRIX announced that it had acquired OpenCar, a U.S.-based automotive software and services provider. The OpenCar purchase extends the successful INRIX cloud platform into the dashboard with a broad portfolio of third-party content and ...
Tags: INRIX, Aquisition, OpenCar
The group celebration meeting of C&C Trucks Mingjia Vehicle Trading Co., Ltd. in the Spring Festival of 2016 and the product promotion conference was held in Shenzhen City, Guangdong Province on February, 23, 2016. Over 100 truck users ...
Tags: C&C Trucks, LNG truck
Food Standards Australia New Zealand (FSANZ) is seeking comments on its proposed approach to revising infant formula requirements in the Food Standards Code. FSANZ Chief Executive Officer Mr Steve McCutcheon said although breastfeeding is ...
Tags: Infant Formula, Food Standards
For years, Sony Mobile has peddled more of the same, but 2016 could mark a welcome turning point with the X series. Sony has launched two new smartphones – the Sony Xperia X and Xperia XA – at today's MWC 2016 press ...
Tags: Sony Mobile, MWC 2016, curved-glass display
Toyota Motors has announced safety recall for approximately 1.12 million vehicles over safety issues with seatbelt. The company is recalling these vehicles saying that metal seat frame part could damage the seatbelts in case of crash. ...
Tags: Toyota Motors, Seatbelt
Shaanxi province, which was the starting point of the ancient Silk Road, is aiming to reinvent itself into one of northwestern China's key logistics centers. The province is firming up policies to support the logistics industry. Over the ...
SRF Limited is reportedly investing close to $58m in building a new biaxially-oriented polyethylene terephthalate (BOPET) film production plant in the Indian state of Madhya Pradesh Of the total investment, around $40m will be provided ...
Tags: SRF Limited, BOPET film
Global cockpit electronics supplier Visteon Corporation, will show a full range of head-up display (HUD) solutions for vehicles at the 2016 International CES, Central Plaza (CP20) at the Las Vegas Convention Center. Visteon will exhibit ...
Tags: head-up display, vehicles
Sinotruk Chengdu Wangpai 2016 Commercial Annual Conference themed with “Quality Creates Future” was held in Chengdu City, Sichuan Province on December 29, 2015. Tong Jingen, the deputy general manager of Sinotruk Group and the ...
Tags: micro-duty truck, trucks
The Indian government has rolled out numerous large scaled LED bulb distribution projections across the nation, but not all Indian consumers are warming up to the low-priced bulbs, according to a report from The Deccan Herald. It has been ...
Changsha, capital city of central China's Hunan Province, will offer 72-hour visa-free entry for international transit passengers starting Jan. 1, 2016. The policy covers travelers from 51 countries, including 37 in Europe, six in the ...
Tags: Visa-free Entry
Asia's largest underground railway station has opened in Shenzhen, launching high-speed rail service between Guangzhou and Hong Kong. The Futian High-speed Railway Station, located in downtown Shenzhen, covers an area equals to the size ...
Myanmar authorities announced Wednesday that a consortium of six foreign group companies, led by China's CITIC, has won the bid for implementing two projects of the country's newly planned special economic zone (SEZ) in Kyaukphyu, western ...
Tags: Six-Company, Implementing SEZ
China's value-added tax reform is expected to be implemented across all industries next year. Business taxes in four sectors - finance, construction, property and consumer services - will be replaced by VAT. Business tax refers to a ...
Tags: VAT