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Diageo Has Terminated Its $370m Chinese Liquor Brand Industrial Park Project
Jul 3, 2015China based Swellfun, the subsidiary of Diageo, has terminated its CNY2.3bn ($370m) Chinese liquor brand industrial park project owing to the recent anti-graft campaign in the country. As cited in Guangzhou's Time Weekly, the project was ...
Tags: Swellfun, misguided policies
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Is Indian Government 'Killing' The Country's Jewellery Industry by Its Misguided Policies
Jan 17, 2013In a desperate move to restrict imports of gold, the Indian Government and Reserve Bank of India (RBI) are planning to further increase import duty on gold from prevailing 4% to 6%. It had quadrupled the gold import duty from 1% to 4% last ...
Tags: Government, India, Jewellery Industry