China has been frequently referred to as “the world’s factory”, but why? The Beijing government and the citizens of China are extremely proud of their ever growing economy. One of the reasons for the boom in China's ...
Tags: Chinese Wholesale
Anheuser-Busch InBev (AB InBev) is merging its operations in Russia and Ukraine with Turkey's brewer, Anadolu Efes. The companies plan to merge their businesses in a 50-50 merger and create a new company to be known as AB InBev-Efes. ...
San Miguel Corporation (SMC) reported strong results for the first nine months of the year on the back of a strong third quarter and sustained growth across all its businesses. Operating income reached P73.2 billion, 24% higher than the ...
"We will create an investment environment that is fairer, more transparent and more predictable. China must always be a land that attracts foreign investments," said Chinese Premier Li Keqiang on March 5, in his 2016 government work report ...
Breakthroughs will be made in steel and coal sectors in reforms of traditional industries, along with China's efforts to cultivate new growth engines, the Chinese premier said on Wednesday. It is crucial to make a good start for the 13th ...
Taiwanese LED manufacturers revenue performance continued to wane in August, according to Pingan Securities. Revenue performances downed both annually and on a monthly basis, according to statistics released by Taiwanese companies. The ...
Tags: August, LED revenue, Taiwanese market
Leading LED chip manufacturer Epistar’s has raised the number of job cuts from the previously announced 65 to about 180, reported UDN. Job cuts at the company’s factories in northern Taiwan’s Hsinchu Science Park will ...
Tags: Epistar, business strategy, layoff
UK-based brewing company Morrow Brothers has opened a new bottling plant in Buckshaw Village, near Chorley in Lancashire. The new plant has received a £23,750 grant from Chorley Council for the purchase of bottling equipment, ...
For second-quarter 2015, GigOptix Inc of San Jose, CA, USA (a fabless supplier of analog semiconductor and optical communications components for fiber-optic and wireless networks) has reported a fifth consecutive quarterly revenue increase, ...
UK-based ethnic food producer Deko Foods has announced the establishment of a processing plant in Kells Business Park, Co Meath, Ireland, which will also create 20 jobs over the next three years. According to reports, the company has ...
Tags: Deko Foods, new businesses, Food
Mitsubishi is planning to acquire 30% stake in Capital Diamond Star Group's existing businesses to form a joint venture (JV) in Myanmar with the latter. Capital Diamond Star offers a wide range of products including Blue Rocket wheat ...
Tags: Mitsubishi, business, Food
China watchers in Washington welcomed the news that the number of small-business registrations in China has risen by almost 50 percent. "Generally, it's a very positive sign," Nicholas Lardy, the Anthony M. Solomon Senior Fellow at the ...
Tags: China's Legislation Law, taxes
Indonesian rice processor Tiga Pilar Sejahtera Food is planning to expand its business to Vietnam and Malaysia, by investing around $80m. Of the total investment, each country is expected to get $40m, reports Jakarta Post. The company ...
Tags: domestic market, rice output, Agriculture
The Consumer Electronics Association (CEA)® today announced that top executives from Condé Nast, Fox Networks Group, Google, McDonald’s, and The Walt Disney Co. will join the Brand Matters keynote at the 2015 International ...
China New Borun Corporation has announced its unaudited financial results for the third quarter of 2014. Mr. Jinmiao Wang, Chairman and Chief Executive Officer of Borun, commented on the results, "We're pleased that this third quarter ...
Tags: China New Borun Corporation, financial results, Agriculture