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rising wages
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Yue Yuen's 2015 Revenues Expand 5 Percent
Mar 28, 2016Yue Yuen reported revenues rose 5.3 percent to $8.43 billion in 2015, led by growth in its network of retail stores. Net pProfits grew 17.9 percent Highlights Revenue up 5.3 percent to US$8.43 billion for the year ended December 31, ...
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China's Robot Sales Set to Triple by 2018
Dec 29, 2015Robot sales in China are set to almost triple by 2018. Data shows annual robot sales in China may jump to 150-thousand by the end of 2018, up from 57-thousand last year. The country is trying to modernize its industrial production and ...
Tags: Robot Sales
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China to Import More Hardwood From United States
Jun 26, 2015The export value of United States hardwood to China jumped 34 percent year-on-year in 2014 as the country increased its demand for more sustainably sourced materials for its urbanization program and for environmental projects. The value ...
Tags: Hardwood, Hardwood Products
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China Aims to Boost Cotton Sector
Apr 9, 2015China’s cotton policies will evolve based on continued movement toward a market-driven economy, balancing the interests of Chinese cotton farmers against those of textile manufacturers, disposal of the country’s large cotton ...
Tags: cotton policies, textile, cotton
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U.S. Manufacturers Have Grown More Competitive Over The Past Decade
Apr 29, 2014U.S. manufacturers have grown more competitive over the past decade compared with factories in China, Brazil, and most of the world’s other major economies. So says a new private study, which found that rising wages and higher ...
Tags: Chinese electricity
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Hong Kong Have Entered Into an Agreement to Set up Their First Industrial Park in Myanmar
Mar 17, 2014Garment manufacturers from Hong Kong have entered into an agreement to set up their first industrial park in Myanmar, reports the South China Morning Post. The apparel park would be set up on 200 hectare area in Yangon, the former ...
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China Is Now Rushing to Introduce Industrial Robots
Feb 8, 2014Having grown into the world’s factory through an abundance of cheap labor, China is now rushing to introduce industrial robots in response to rising wages and a worker shortage created by its one-child policy. The casting industry ...
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Robots Is Still Firmly in The Hands of Foreign Enterprises
Jan 22, 2014China is aiming high on the industrial ladder. Getting there requires advanced equipment such as robots that is still firmly in the hands of foreign enterprises. Industrial robots are used to do things like bolt panels on cars or ...
Tags: Chinese Robotics, Foreign Firms
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Denmark's Flsmidth Expect Mining Capex Will Hit Bottom in 2014
Aug 26, 2013Denmark s FLSmidth has joined its Nordic peers Sandvik and Atlas Copco in announcing weak results as the global mining slowdown continues to impact equipment suppliers and engineering firms. FLSmidth on Friday reported a 40% drop in ...
Tags: economy, Construction
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Industry 4.0 Is a Project in The High-Tech Strategy of The German Government
Aug 21, 2013Industry 4.0 is a project in the high-tech strategy of the German government, which promotes the computerisation of traditional industries such as manufacturing. CC-Link is an open industrial network that enables devices from numerous ...
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Panjiva Announces It Is The First Company to Make Chinese Trade Data
May 24, 2013Panjiva, an online search engine with detailed information on global suppliers and manufacturers, recently announced that through a partnership with Export to China (ETCN) it is the first company to make Chinese trade data accessible in ...
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The Labor Costs in Asia Goes up
Jan 30, 2013Furniture importers that have held off increasing prices in recent years may be forced to raise them in 2013 because of various factors, especially rising labor costs in Asia. Governments in Malaysia, Indonesia and Vietnam - all major ...
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Thailand's Boutique New York City Is Planning to Open Spanish Outlet
Dec 27, 2012Thai retailer Boutique New York City has entered into a partnership deal with the Spanish fashion brand Trucco. The retailer is soon going to open the Spanish-owned women's clothing brand’s first flagship store in Bangkok. The 127 ...
Tags: Thailand, New York City, Spanish Outlet, Trucco, clothing
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It Was in Exploratory Talks with Indonesian Officials Over Serving Its Domestic Market
Dec 20, 2012Taiwanese electronics manufacturer Foxconn Technology Group said it was in exploratory talks with Indonesian officials over serving its domestic market in some capacity, but does not have immediate plans to build factories in the country. ...
Tags: Foxconn Technology Group, Indonesia, capacity, low-cost
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TCS Reported Strong Results and Forecast Its Annual Sales Would Top Industry Estimates
Dec 19, 2012India's largest software company faces a new set of challenges The effects of Western austerity and rising wages at home are hurdles that Tata Consultancy Service must overcome if it is to continue its growth. Tata Consultancy Services ...
Tags: software company, new set of challenges, rising wages, Western austerity