The Government of Nepal would soon launch programmes for the support of the garment sector, Finance Minister Shanker Prasad Koirala has said. Addressing the 22nd Annual General Meeting of Garment Association-Nepal (GAN), Mr. Koirala ...
Tags: Nepal Govt, Garment Sector
Japanese automobile production in June this year totaled 808,557 units, decreasing by 84,588 units or 9.5 percent compared to the same month of the previous year. Japan's auto output indicated a year-on-year decline for the 10th consecutive ...
Tags: Automobile Output, Mineral
U.S. based metal processing centers operator Reliance Steel & Aluminum Co. said yesterday that its net income of the second quarter was US$81 million, down by 27% from the same period of fiscal year 2012. The company attributes the net ...
Tags: Reliance Steel, Mineral
Bangladesh’s export earnings from jute and jute goods in the fiscal year 2012-2013 showed an increase of 6.54 percent over the previous year, according to the Export Promotion Bureau (EPB) data. Bangladesh’s earnings ...
Tags: Jute Exports, Textile
Recently, Neo-Neon announced the consolidated results for the year ended 31st March, 2013. The revenue during the notice period is 827 million Hong Kong dollars (HKD) (about 654 million Yuan), a decrease of 23.69% over the previous year; ...
Tags: Lights, Lighting, LED, LED lighting industry
China once again leads the A.T. Kearney Retail Apparel Index. The Apparel Index also includes a number of countries from Latin America and the Middle East showing that these regions continue to offer compelling opportunities. The Retail ...
Chinese dairy maker Yashili International Holdings Ltd. (SEHK: 1230) is said to be acquired by China Mengniu Dairy Co., Ltd. (SEHK: 2319). Sources said recently that it would be acquired by Mengniu and on June 13, the buyer and it each ...
Tags: dairy, Agriculture, Food, Mengniu, Yashili
New LED lighting along Maine’s Interstate 295 will improve roadway lighting and reduce energy costs. The Maine Department of Transportation (MaineDOT) selected Holophane® HMAO™ LED high mast outdoor lighting fixtures from ...
Tags: LED Outdoor Lighting, Mainedot
Metallurgical Corp. of China Ltd. (MCC, SHSE: 601618 and SEHK: 1618) is said to sell a majority stake in west Australia-based Lamber iron ore project. People close to it disclosed in an interview recently that it was busy looking for ...
Tags: Iron Ore, Metallurgy, Mineral, Energy
FedEx is planning to withdraw over 80 aircraft and buy a smaller number of more modern, fuel efficient models as part of its reorganisation and environmental drive. It is reported that 10 aircraft will be retired immediately and 70+ more ...
The top 200 companies enjoy more than 50 percent of the global industrial pump business. Another 5,000 companies average less than $4 million in sales each. According to the McIlvaine Company in Pumps: World Markets the concentration of the ...
Continuing to deliver on its global growth plans, Gap Inc. announced that it will introduce Gap brand to Paraguay and Hungary through new agreements with existing franchise partners Neutral for Paraguay and Gottex Brands for Hungary. ...
JoS. A. Bank Clothiers, Inc. announces that net income for the first quarter of fiscal year 2013 was $8.1 million as compared with net income of $14.8 million for the first quarter of fiscal year 2012. Diluted earnings for the first ...
Tags: Clothiers Reports, Apparel
It’s reported that Jindal Stainless, the largest stainless steel producer in Indian announced a consolidated net loss of INR8.42 billion for the fiscal year 2012/13 ended on March 31st, 2013. Jindal Stainless stated that the net loss ...
Tags: Jindal Stainless, Net Loss
It’s reported that Indian steelmaker Steel Authority of India Limited (SAIL) released its financial result for the fourth quarter and full fiscal year 2012/13 ended on March 31st. In the fourth quarter, SAIL posted a net profit of ...
Tags: SAIL, Net Profit