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Consumer electronics is proving a tough business for Asian manufacturers

Consumer electronics is proving a tough business for Asian manufacturers

It is common for Americans and Europeans to criticize the transfer of manufacturing into Asia and bemoan the loss of jobs and earnings. The Consumer Electronics industry transferred…

Why Zhongguancun has become China’s Silicon Valley

Why Zhongguancun has become China’s Silicon Valley

Silicon Valley’s leading tech news site, Techcrunch, has confirmed its view that Zhongguancun in north west Beijingis China’s version of Silicon Valley. Two decades ago Zhongguancun was a typical…

It’s time for China to get serious about intellectual property rights

It’s time for China to get serious about intellectual property rights

Yesterday China promised another crackdown on fake goods in an attempt to deflect criticism of its record in protecting intellectual property rights (IPR). The announcement of a campaign…

News

Philippines launches ‘one-stop-shop’ to cut red tape for entrepreneurs

Philippines launches ‘one-stop-shop’ to cut red tape for entrepreneurs

Business leaders have welcomed a Philippines government initiative to cut the red tape associated with…

Underperforming Chinese capital markets halve security firms’ profits in 2011

Underperforming Chinese capital markets halve security firms’ profits in 2011

China’s capital markets performed dismally last year (2011) and this had an impact on the…

Korean chaebol-run cafes accused of anti-competitive behaviour

Korean chaebol-run cafes accused of anti-competitive behaviour

The new generation now running the sprawling industrial conglomerates of Korea, are shunning manufacturing and…

Trade between China and Singapore up 6.4% in 2011

Trade between China and Singapore up 6.4% in 2011

China-Singapore bilateral trade rose by 6.4% y-o-y to 101.4 billionSingaporedollars ($USD 80.5) last year (2011), a…

Multiple barriers stifling Africa’s trade

Multiple barriers stifling Africa’s trade

Too many barriers are choking free trade between African countries given that most countries do…

Company News

Tencent acquires forty nine percent of gamer Level Up

Tencent acquires forty nine percent of gamer Level Up

Tencent, China’s leading internet services provider, has acquired 49% in Level Up, an online gaming platform. Tencent also has an option to raise its ownership to 67%. Tencent…

Hainan Airline’s safety record makes it world’s fifth safest airline

Hainan Airline’s safety record makes it world’s fifth safest airline

China-based Hainan Airlines’ impressive safety record in its 19 years of service has borne fruit. In the last two decades, the airline did not lose any aircraft and…

Gazprom secures 10 new gas wells in Bangladesh

Gazprom secures 10 new gas wells in Bangladesh

Petrobangla, the state owned energy company of Bangladesh, has agreed to partner with Gazprom of Russia to develop 10 new onshore gas wells in Bangladesh. The deal is…

Jerry Yang, Yahoo! co-founder calls it quits

Jerry Yang, Yahoo! co-founder calls it quits

It seems that Yahoo’s woes are not yet over. Yahoo! Co-founder Jerry Yang has resigned, the company announced Tuesday. According to a statement released by the company, Yang…

Market indices

China

Underperforming Chinese capital markets halve security firms’ profits in 2011

China’s capital markets performed dismally last year (2011) and this had an impact on the performance of securities firms in the country with their profits going down…

Hong Kong

New Guangzhou-Shenzhen XRL express railway gets up to speed

Three weeks after its opening, and the new high speed railway linking Guangzhou to Shenzhen is proving a hit with passengers. Its real first test will come…

Taiwan

Taiwan extends working limit for foreign workers by three years

This year has started with good news for foreigners working in Taiwan after ‘Employment Service Law’ was revised pushing their maximum accumulated working years up by three…

India

Affordable Tata Technologies electric car unveiled in Detroit

India’s Tata Technologies has unveiled a prototype USD20,000 four-seater electric car in Detroit,United States. Speaking during the unveiling event Wednesday, Tata Technologies president Warren Harris said that the…

Vietnam

Rolls-Royce to spread its wings to Vietnam and Thailand after an impressive performance in China

A top executive at Rolls-Royce, a British ultra-luxury carmaker, said Wednesday that the company is planning to expand to Thailand and Vietnam. The news comes after the…

Indonesia

Indonesia’s logistics industry’s double digit growth to continue in 2012

Indonesia’s strong economic growth is having a positive impact on its logistics industry. Buoyed by a strong economic performance, the industry will grow by 14.2 %, to…

Philippines

Philippines launches ‘one-stop-shop’ to cut red tape for entrepreneurs

Business leaders have welcomed a Philippines government initiative to cut the red tape associated with starting up a new business or taking on additional employees. It is…

South Korea

Korean chaebol-run cafes accused of anti-competitive behaviour

The new generation now running the sprawling industrial conglomerates of Korea, are shunning manufacturing and heavy industry in favour of cafes and high-end retailers. Korea’s Chaebol are…