Nestle, Swiss food giant, is going to invest about 1 billion Egyptian pounds ($137.93 million) in Egypt in the next few years. Its North East Africa Region CEO said the kind of investments they have made over the last three to four years ...
Tags: Nestle, food giant
The Vietnam National Textile and Garment Group (Vinatex) held its first shareholders’ meeting last week in Hanoi city. This was the first meeting after the company successfully issued its initial public offering (IPO) in September ...
Tags: revenue targets, profit margins, Textile
The Chinese government has been authorized to ease investment rules in three new free trade zones (FTZs) after top legislature gave the go ahead during a bi-monthly meeting on Sunday. The new zones will be located in South China's ...
Tags: Investment Rules, Free Trade Zones
US-based food manufacturing company Kellogg's has once again raised its offer to acquire Egyptian cake and biscuit maker Bisco Misr to £89.86 per share, in an increasing $144m takeover battle. Kellogg's new offer overtakes Abraaj ...
Tags: Egyptian cake, biscuit maker, Agriculture
The ‘Make in India’ programme launched by the Government has received very positive response, Minister of State (Independent Charge) of Commerce and Industry Nirmala Sitharaman said in a written reply in Rajya Sabha, the upper ...
Tags: investment destination, Textile
In the past two weeks, China's stock market, long the subject of neglect, became a public focus, indicating the likely arrival of a bull market period. From Nov. 24 to Dec.5, 2014, the Shanghai and Shenzhen composite indexes rose by 18.13 ...
Tags: Stock Market, bull market
US-based food manufacturing company Kellogg's has raised its offer to acquire Egyptian cake and biscuit maker Bisco Misr to £82.2 per share. Kellogg's new offer overtakes Abraaj Investment Management's latest offer of ...
Tags: Egyptian cake, biscuit, Agriculture
Texhong Group from China is building an Industrial Park in Vietnam's northern Quang Ninh province, which will house textile and apparel production units. Texhong held the ground-breaking ceremony to build infrastructure for the project, ...
Tags: Industrial Park, apparel production, Apparel
East Africa is undergoing a major transformation to become a new world-class player on the energy market. By 2025, east Africa is expected to experience an incremental production growth of nearly one million barrels per day (b/d), led by ...
Tags: energy market, Hydrocarbon
The State Council of China decided to open the bank-card clearing business to both domestic and foreign investors to open wider to the outside world. A statement released by the The State Council said that the qualified domestic and ...
Tags: Bank-Card Clearing
China's environmental degradation has become a growing source of public consternation and a potential political liability. Premier Li Keqiang declared a "war on pollution" in March 2014, vowing to reduce emissions from power generation and ...
Tags: Metallurgy, Mineral, Energy, Shale
One of Vietnam’s largest apparel exporters and government owned - Vietnam National Textile and Garment Group (Vinatex) raised around VND1.22 trillion or US$ 58.10 million through an initial public offering (IPO). Vinatex sold more ...
Tags: Vinatex, Raise, Accessories
China's state-run media are trying to do something the securities industry has failed to accomplish for much of the past three years: get the world's biggest population to buy more stocks. The official Xinhua News Agency published at ...
Tags: Stocks, China economy
To get more orders from global markets, Bangladeshi apparel exporters should concentrate on manufacturing more value added products, South Korean envoy to Bangladesh said. Bangladeshi textile and apparel industry should move beyond ...
Tags: Apparels
Billions of dollars are flowing into Hong Kong's Yuan-denominated exchange-traded funds as offshore investors rally behind China's undervalued stocks, Reuters reported, citing data from researcher Morningstar. As a scheme to allow more ...