Recent Articles

Taiwanese companies look to ASEAN for investment opportunities

Taiwanese companies look to ASEAN for investment opportunities

CHANGHUA COUNTY:  With over US$11 billion in revenue, Kenda Rubber is Taiwan’s second biggest tyre manufacturer, and among the world’s top 30. It started 53 years ago in a factory in Changhua county, south of Taiwan, making bicycle tyres.  “Kenda achieved its success by tapping China’s low-cost labour and land back in the 1990s,” said […]

November 18, 2015 | By | Reply More
Xi warns of rival free trade pact ‘fragmentation’

Xi warns of rival free trade pact ‘fragmentation’

MANILA: China’s President Xi Jinping Wednesday urged Asian economies to sign up to its free trade agreement, warning that rival pacts risked causing “fragmentation” among regional nations. Both China and the United States are pushing their own free trade visions for the economically vibrant and populous region. Last month 12 Pacific nations finally reached an […]

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Ford's Lincoln brand debuts new face for its best-selling model

Ford's Lincoln brand debuts new face for its best-selling model

REUTERS: Ford Motor Co’s Lincoln brand is changing the look of its vehicles, starting with a new face for its best-selling model, the MKZ sedan. Ford plans to unveil the restyled 2017 Lincoln MKZ at the Los Angeles Auto Show on Wednesday, showing the first production version of a new grille design. The new Lincoln […]

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Asian shares slip, copper tumbles as dollar shines

Asian shares slip, copper tumbles as dollar shines

TOKYO: An index of Asian shares fell on Wednesday as copper prices tumbled and another bomb scare in Europe hurt risk appetites, while bets that the Federal Reserve remains on track for a rate hike bolstered the dollar. The greenback edged higher, close to seven-month highs against a basket of currencies as U.S. economic data […]

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Asean region will need a regional Public Private Partnership Centre

Asean region will need a regional Public Private Partnership Centre

KUALA LUMPUR: The Asean region will need a regional PPP (Public Private Partnership) Centre to help countries with knowledge and expertise with the launch of the Asian Infrastructure Investment Bank (AIIB) and other Chinese initiatives to fund infrastructure development. A senior researcher of a local think-tank said although the region and Asia at large are […]

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2015 APEC Economic Leaders’ Week opens in Manila

2015 APEC Economic Leaders’ Week opens in Manila

The 2015 APEC Economic Leaders’ Week hosted by the Philippines and chaired by President Benigno S. Aquino III has commenced in Manila.   Manila, Nov 18: Under the theme, Building Inclusive Economies, Building a Better World, Leaders, Ministers and Senior Officials from APEC’s 21 member economies, the world’s largest regional economic group, will take new […]

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110 companies ink agreement with ITE on enhanced internships

110 companies ink agreement with ITE on enhanced internships

SINGAPORE: More than 100 companies on Wednesday (Nov 18) pledged their support for the enhanced internship programme catering to students from the Institute of Technical Education (ITE), which is slated to roll out from January 2016. The 110 companies, ranging from the engineering and hospitality sectors to business and services, signed an agreement with ITE. […]

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Japan to ease yen loan conditions after losing Indonesia rail bid

Japan to ease yen loan conditions after losing Indonesia rail bid

November 18, 2015 TOKYO: Japan will ease yen loan conditions for infrastructure projects in Asia, the Yomiuri newspaper reported on Wednesday, after it lost the bid to build Indonesia’s first fast-train because Beijing provided a $5 billion loan without guarantees. Japan will no longer require a loan guarantee from a borrower’s government when there are […]

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Duty-free loss piles woes on troubled Lotte Group

Duty-free loss piles woes on troubled Lotte Group

SEOUL: Troubled South Korean retail giant Lotte, already struggling with a prolonged founder-family feud, has seen its business woes deepen with the loss of the state licence for one of its biggest duty-free shops ahead of a key IPO. The country’s fifth-largest business group suffered its latest body-blow at the weekend when South Korea’s customs […]

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Monsanto could take lead role in agchem acquisitions: executives

Monsanto could take lead role in agchem acquisitions: executives

ST. LOUIS: Monsanto Co. executives are discussing whether they should acquire rivals, including top pesticide maker Syngenta AG, company executives said on Tuesday, as talk of consolidation continues in the global agrochemical industry. “We’ve had conversations inside” about Syngenta and other agricultural companies, Monsanto President Brett Begemann said at an investor meeting at its headquarters […]

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