South Africa's financial services group Sanlam Emerging Markets (SEM) in engaged in negotiations with Nico Holdings, to acquire 49% stake in the general insurance operations in Malawi, Tanzania, Uganda and Zambia. Financial terms of the ...
Tags: General Insurance
Japan and Canada formally cemented a bilateral pact Friday to stimulate trade and investment opportunities in oil and LNG by sharing information and creating a forum to deal with energy issues. Japan's Economy, Trade and Industry Minister ...
Tags: pipelines, regasification plants
The exports of garments and textiles from Vietnam increased by 18 percent year-on-year in the first nine months of the current year to US$ 13.154 billion, according to data from the Ministry of Industry and Trade. Of this, the ...
Tags: Garment Exports, fabric exports
Top Chinese telecom equipment and network solution provider Huawei Technologies Co., Ltd. is fueling expansion in the Southeastern Asian market. It signed a cooperation agreement with Khazanah, a strategic investment fund controlled by ...
Tags: Huawei, Computer Products
China's primary offshore oil company on Tuesday invited foreign companies to bid on an unprecedented number of deep-water blocks off Chinese shores as the country attempts to firm up domestic oil output, which has grown slowly over the past ...
Tags: Domestic Oil Output, Crude-Oil
Reportedly, Tang Eng, one of the major stainless steel producers in Taiwan is mulling to set up a stainless steel coil service center in Southeast Asia. It’s said that the stainless steel coil center might be located in Malaysia. ...
Biodiesel has faced a backlash in recent years, as critics charge the industry with razing land and pushing up food costs. But as its competitors struggle, one Hong Kong-based company is moving ahead with a US$165 million plant that turns ...
Tags: Biodiesel Plant, Energy
Malaysian automotive firm Terus Maju Services (TMS) has entered into a memorandum of understanding (MoU) with Swedish commercial vehicle manufacturer Scania to assemble Scania buses in Malaysia. This agreement is a part of TMS' shift from ...
Tags: automotive, Terus Maju Services
Japanese automotive firm Mitsubishi Motors plans to produce its ASX compact SUV (also called RVR or Outlander Sport) in Malaysia for sale in the local market. This move of the company is aimed at expanding its presence and increasing ...
Tags: Mitsubishi Motors, SUV
Hershey, a US-based chocolate producer, is set to open a new $250m confectionery manufacturing plant in Johor, Malaysia, to cater to the growing demand for its products in the region. The 700,000ft2 facility is scheduled to be completed ...
Tags: Hershey, Confectionery Plant
Particularly in Asia, drinksplus beverages containing natural extras such as pieces of real fruit, vegetables or cereal grains are best-sellers, and continue to offer further potential. Right now, new products containing unusual bits are ...
Tags: Beverages Packaging, Dairy
Emerging East Asian economies risk slower growth after they failed to take advantage of ample cash supply made available by global monetary authorities to build roads and ports, the Asian Development Bank said. Funding infrastructure ...
Tags: Emerging Markets, ADB
Frost & Sullivan announces offshore oil & gas exploration and growing shipbuilding sector to boost electrical equipment for marine Thursday, Sep 26, 2013 SINGAPORE, Sept. 25, 2013 /PRNewswire/ -- The Asia-Pacific market for electrical ...
Tags: Transportation, Service, Logistics
The government is expected to raise import duty on refined edible oil to 10%, from 7.5% at present, to protect the domestic oil refining industry. A Cabinet note regarding this has already been circulated by the Food Ministry, sources ...
Tags: Chemicals
Verdezyne, Inc., a privately-held industrial biotechnology company focused on producing renewable chemicals, has been awarded “BioNexus” status by Malaysian Biotechnology Corporation (BiotechCorp), it was announced at the ...
Tags: Verdezyne Bags, Textile