Ever more Taiwanese hand tool makers have ventured into the development of digital tools to secure sustainable growth, thanks to the nudging by ITRI.Development of digital tools has been regarded as one of Taiwan's hand tool industry's ...
Gardening product production makes up a significant part of Taiwan's hardware industry.Garden tools along with related accessories, which totally generate export revenue of around US$95 million on average every year, are a major contributor ...
Tags: Gardening product, garden tools
Production of the long-wheelbase version of the all new Mercedes-Benz E-Class in China has started. The vehicles are flexibly manufactured at the Chinese joint venture Beijing Benz Automotive Co., Ltd. (BBAC) on the same line as the ...
China faces two separate challenges: the long-term issue of a declining potential growth rate and the immediate problem of below-potential actual growth. Indeed, the government's supply-side reform strategy will go a long way toward doing ...
Toyota has inaugaurated a new $170m engine manufacturing facility in Sao Paulo, Brazil. It is the company's first engine manufacturing plant in Latin America. The new plant, which employs about 320 people, was constructed on a plot of ...
PSA Group and Dongfeng Motors (DFM) have signed an agreement to design an electric version of their Common Modular Platform (CMP). The CMP was jointly developed by the two companies since April 2015. The deal was signed at the ...
Tags: PSA Group, Dongfeng Motors
On 23 February 2016, Wesfarmers announced a restructuring of Kmart and Target into a single Department Store division, led by Guy Russo as chief executive officer and Marina Joanou as finance director. On 24 March 2016, it was brought to ...
Tags: Wesfarmers, Kmart, Target, Guy Russo, Marina Joanous
India-based private equity firm Everstone Group has completed the acquisition of Modern Foods, a bakery business of the Hindustan Unilever Limited (HUL). Following the acquisition, Everstone aims to triple the brand's revenue to Rs 10bn ...
Tags: Everstone, Modern Foods, Acquisition, Bakery business, HUL
Next reports a "solid" performance over its last financial year to January 2016, with Directory (online and catalogue) sales up 8% and Retail 1%. Total group sales rose by 3% to £4.1b. Despite this, growth was lower than predicted. ...
Tags: Next, Performance, Sales
Toyota Motor Manufacturing Indonesia has commenced production of engines at Karawang plant in West Java. Karawang plant has been built at a cost 2.3 trillion Indonesian Rupiah ($172m). The plant is expected to produce at least 216,000 ...
The Japanese economy seems unable to return to a sustainable growth path. In Q4, GDP fell 1.4% over the previous quarter in seasonally adjusted annualized terms (SAAR), which contrasted Q3’s 1.3% rise. In 2015, Japan’s imports ...
Tags: Japanese economy, Japan's imports
US-based chicken producer Pilgrim’s Pride has announced to invest $190m in a strategic growth plan to expand production of Pilgrim’s Pierce Chicken brand. The growth plan, which was initiated in the fourth quarter of 2015, ...
Tags: Pilgrim's Pride, prepared foods
China's emerging industrial sectors, inspired by technological innovation and innovative policies, have developed rapidly in 2015. The boom in telecommunication, high-tech manufacturing, e-commerce, new energy and other emerging ...
Over 15 years after the establishment of the Forum on China-Africa Cooperation (the "FOCAC"), China-Africa economic and trade cooperation has become a highlight in international cooperation with Africa and a model of South-South ...
Tags: FOCAC, financing cooperation
US-based packaged foods company ConAgra Foods plans to split the company into two independent public companies – with one handling the consumer portfolio of various brands and the other managing its foodservice portfolio of frozen ...
Tags: ConAgra, potato, appetizer vegetable