Chief executive says company is confident of catching up with top global players TCL Corp, one of China's leading consumer electronics companies, will boost its presence in the telecommunication device segment of the domestic market in ...
Tags: TCL Corp, consumer electronics, telecommunication device
HE Spring Festival holiday last week did not upset plans for the East China Fair which will open tomorrow as originally scheduled, although some small firms decided not to attend, the fair organizers said yesterday. The fair, the ...
Tags: Economy, East China Fair
Chinese high-speed train companies are eyeing more contracts in overseas markets. "The US will be the next strategic focus for us, after successfully winning the Boston contract," Yu Weiping, vice-president of China CNR Corp, told China ...
Tags: high-speed train, overseas markets
Two Thai brewers are contemplating purchase of a stake in Saigon Beer Alcohol Beverage, which is 89% owned by the Government of Vietnam. Chang beer maker Thai Beverage is planning to buy 40% of Saigon Beer for around $1bn. Singha, which ...
Tags: beer market, Alcohol Beverage
US apparel marketer, Kate Spade & Company has signed a joint venture with Walton Brown to establish a strategic network of stores across China, Hong Kong, Macau and Taiwan. The newly formed partnership will leverage the expertise of ...
Tags: Kate Spade, apparel
As the US Department of Commerce reduced the average anti-dumping and anti-subsidization tariff rate imposed on China-made PV modules in 2012 from 30% to 17.50% at a review in early January, prices for polycrystalline silicon solar cells ...
Tags: Solar Cells, PV Modules
Thailand based and global fibres and petrochemicals producer, Indorama Ventures (IVL) is pulling out of an agreement to acquire SASA Polyester Sanayi AS (SASA) in Turkey. In a Thailand stock exchange filing, Indorama said both sides have ...
Tags: DMT, staple fibers, filament yarns, Textile
The operator of McDonald's in Japan and Cargill Inc has not identified any connection between a Cargill-owned plant in Thailand and a strip of plastic traced in a chicken nugget this month that triggered uproar over product safety at the ...
Tags: chicken nugget, plastic
The US government has finished reviewing tariff rates imposed in 2012 on PV modules imported from China and decided to reduce the anti-dumping rates to an average of 1.82% and anti-subsidization rates to an average of 15.68%. The total ...
With the implementation of the Developing Country (DC) Preferences by the Australian Government from 1 January 2015, garments made in Fiji now have improved access to the Australian market. The DC Preferences replaces the earlier South ...
Tags: raw materials, textile, clothing, footwear industry, Apparel
Everlight Electronics aims to turn its LED lighting business from losses to profits in 2015 with an on-year growth of 50% in revenues, according to the company. The LED packaging firm established a wholly-owned subsidiary, Everlight ...
Tags: LED Lighting Revenues, LED packaging, Lights
Indian synthetic fibre and yarn producers have urged the Union Ministry of Finance to abolish excise duty of 12 per cent levied on the industry and bring it at par with the cotton fibre and yarn sector. “This will help the growth of ...
Tags: cotton fibre, yarn sector, Textile
Garment factory owners’ cost in Cambodia is expected to rise by nearly 20 per cent, as a new wage structure came into effect from 1 January. The new structure raises the minimum wage to US$ 128 per month from the earlier $100 per ...
Tags: transportation, seniority, Apparel
Jack Wolfskin has reached an agreement to buy out its Chinese distributor and licensee over the next two years to clear the way for a new subsidiary it will establish in the People's Republic of China, or PRC. In exchange for a two-year ...
Tags: Jack Wolfskin, Chinese Distributor
Thailand headquartered and producer of petrochemicals and fibres, Indorama Ventures has signed two joint venture deals in Mexico, both in which it will have a 51 per cent holding. The first is Indorama Ventures EcoMex, S. de R. L de C.V ...
Tags: petrochemicals, fibres, Textile