The Australian Government has granted Australia Post its desired radical service delivery reforms, most importantly a two-speed letter delivery service and possible price increases. Australia Post is facing significant structural decline ...
Freedom Foods has reported a Net profit of $55.2 million for the first half of the 2015 financial year. However, the Net Profit figure was boosted by the inclusion of a post-tax fair value gain of $52.2 million from the gain on ...
Tags: Freedom Foods, Agriculture
Cetec has announced its estimate of a 20% sales growth for 2015. "The rather optimistic estimate, especially in such turbulent economic scenario, is supported by a strategy that combines portfolio expansion and the development of custom ...
Madura Lifestyle managed premium apparel brand Allen Solly, which has been growing at a CAGR of 34 per cent since the last three years, is eyeing sales of Rs 1,000 crore for the 2015-16 fiscal. According to media reports, Allen Solly ...
Tags: Apparel, Allen Solly
Owing to its large population and rising disposable incomes, India continues to be an attractive long-term retail destination, says the Economic Survey 2014-15. Citing AT Kearney’s Global Retail Development Index (GRDI), the ...
Tags: retail destination, Apparel
UK-based whiskey and vodka producer Inver House Distillers is planning to ramp up its production capacity in order to cater to increasing demand in international markets. The company has secured £10m in loan from Bank of ...
Tags: Inver House, whiskey, vodka
Favourable government policies, low wages, shorter sea route and growing garment exports make Myanmar an attractive option for Indian textile entrepreneurs, says Rajesh Kumar Shah The garment sector in Myanmar has grown enormously since ...
Tags: garment exports, Textile
China's cross-border capital flows will remain volatile this year amid uncertainties both at home and abroad, the country's forex regulator said on Sunday. As China gradually moves to make its foreign exchange mechanism more ...
Pakistan’s ministry of textile industry has announced the long-awaited Textile Policy 2014-19, which sets annual exports target of US$ 26 billion by 2019. “The annual exports target of $26 billion by 2019 is ambitious but ...
Tags: Textile Policy, Textile
For its fiscal second-quarter 2015 (ended 27 December 2014), Oclaro Inc of San Jose, CA, USA (which provides components, modules and subsystems for optical communications) has reported revenue of $86.8m, down 15.6% on $102.9m a year ago and ...
Tags: end-market, Telecoms
This year's Spring Festival will be the first time Wu Rongrong uses China's bullet train to return home. The 2,000 km trip from Beijing, where the 27-year-old works selling sporting goods, to her home city of Guilin in Guangxi Zhuang ...
Tags: Railways, bullet train
Australia saw a rise of 1.9 per cent in both the volume and value of wine exports in 2014, according to the latest Wine Export Approval Report, released by the Australian Grape and Wine Authority (AGWA). Premium wine segments saw ...
Tags: wine exports, wine
In the mood for twinkie? In the future, you may need a snack machine's approval. The Luce X2 Touch TV vending machine has facial-recognition technology, meaning it can, apparently, identify customers and remember their snacking profiles. ...
Tags: Vending Machine, Snack
UOP LLC, a Honeywell company said its second unit to produce propylene, using its C3 Oleflex process technology has been commissioned in China. Zhejiang Shaoxing Sanjin Petrochemical Co., Ltd. became the second company in China to ...
Tags: propylene, Oleflex Technology
PPG Industries' automotive refinish business has been heavily involved in a groundbreaking associate degree program in collision repair and refinishing technology at Fayetteville Technical Community College (FTCC) in Fayetteville, N.C. On ...