Yue 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, ...
CCL Industries has appointed Guenther Birkner as president of the Healthcare & Specialty business at CCL Label in addition to his existing responsibilities in Food & Beverage. Peter Fleissner is appointed president of CCL Design, ...
Tags: CCL, Appointments
Heineken’s subsidiary and Jamaican brewer Desnoes and Geddes (D&G), which produces Red Stripe, is planning to resume production of the beer in Jamaica by the end of 2016. The initiative is part of a bigger strategy of Heineken to ...
Tags: Red Stripe, Heineken
Daimler Trucks, the world's leading truck manufacturer, is setting the course for a return to the Iranian market, having signed letters of intent with its local cooperation partners Iran Khodro Diesel (IKD) and the Mammut Group. Daimler ...
Tags: Daimler Trucks, truck, Iranian Market
Myanmar authorities announced Wednesday that a consortium of six foreign group companies, led by China's CITIC, has won the bid for implementing two projects of the country's newly planned special economic zone (SEZ) in Kyaukphyu, western ...
Tags: Six-Company, Implementing SEZ
UK-based drinks company Diageo has completed the sale of Jamaican lager Red Stripe to Heineken for $780.5m. The deal, which was announced in October, entails Diageo offloading its brewing companies in Jamaica, Malaysia and Singapore, to ...
Tags: Diageo, Jamaican lager Red Stripe, Food
Mitsubishi Corporation (MC) is pleased to announce the establishment of a new joint venture company, MM Cars Myanmar Limited (MMCM), with Yoma Nominee Limited (YNL), for the distribution (wholesale), retail sales, after-sales services, and ...
Tags: MC, motor vehicle, Myanmar
With a GDP of over RMB 60 trillion, China's economy has again achieved a more than seven percent growth, which can't be equaled elsewhere in the world. Also, 100 of the world's latest top 500 companies are from China. Do these facts leave ...
Tags: Salary, job, China's job market
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
The scale of the LED lighting market is growing steadily, according to 2016 Global LED Lighting Market Trends Report by LEDinside, a division of TrendForce. LEDinside estimates that the scale of the LED lighting market will reach US$25.7 ...
Tags: LED lighting, LED light bulbs
For third-quarter 2015, AXT Inc of Fremont, CA, USA, which makes gallium arsenide (GaAs, indium phosphide (InP) and germanium (Ge) substrates and raw materials, has reported revenue of $18.4m, down 12.4% on $21m last quarter and down 20% on ...
Axalta Coating Systems has announced that Ms. Lori Ryerkerk has joined the company’s Board of Directors. Ms. Ryerkerk is Executive Vice President, Global Manufacturing for Royal Dutch Shell (Shell), based in the U.K., where she is ...
Tags: Axalta Coating Systems, Shell, refining
Asian Paints has announced its financial results for the quarter and six months ended September 30, 2015. “The demand conditions in the Indian Economy remained subdued and growth of decorative coatings business segment in India ...
Tags: Asian Paints, decorative coatings
In his speech, Qian Keming said, on his visit to Africa on May 2014, Premier Li Keqiang announced to launch the “China-Africa regional aviation cooperation plan” to support Chinese enterprises to establish airline joint ventures ...
London-based Diageo and Dutch firm Heineken plan to exchange brewing assets in emerging markets, a move which will help Diageo generate a profit of £440m ($671m). Diageo is divesting its stakes in its joint ventures in Jamaica and ...