Walmart moves to control online retailer Yihaodian
Tweet Wal-Mart,one of the leading retailing giants in the US is planning to acquire a controlling interest in one of the most popular Chinese online retailers, Yihaodian. If the plan…
Foreign investment in China to move inland and into services
Tweet Foreign Direct Investment (FDI) into China in the next five years will be less about pursuing low-cost manufacturing and more about providing services to the Chinese themselves. Geographically the…
House prices in China still declining
Tweet Prices of new homes in China continued to decline last month, figures from the National Bureau of Statistics have shown. Excluding affordable housing funded by the government, house prices…
Asia’s budget airlines bracing for cut-throat competition in South Korea this year
Tweet The low-cost airline battle for key routes into Seoul is heating up and price wars look set to break out. Carriers from China and Japan are seeking to launch new…
Foxconn planning to expand in China as Apple prepares to unveil iPad 3
Tweet One of the major suppliers of Apple Inc. products in China, Foxconn Technology Group, is planning to expand its production capacity in the country, a move that is needed to help the company…
Living standards in SE Asia up : washing machine sales rise 18%
Tweet Living standards are rising rapidly in South East Asia if the sales of domestic appliances such as washing machines and air conditioners are anything to go by. According to…
Bombardier to open Indonesia and Singapore aircraft maintenance centers
Tweet Bombardier Inc. has announced it will open major new aircraft maintenance facilities in Indonesia and Singapore. Bombardier (TSX:BBD) is a Canadian manufacturer of aircraft and trains but these investments…
Indonesia still strong but expecting to hit rougher waters in 2012
Tweet Worries have been raised that the sparkle of Indonesia’s economy may fade in 2012 with the removal of fuel subsidies and the high rates of growth easing back. Indonesia…
HSBC to push into Chinese mainland
Tweet In a bid to increase its presence in mainland China, HSBC is planning to expand its branch network or raise its stake in the Bank of Communications (BoCom). Speaking…
Sharp rise in demand for Jaguar in China drives Tata Motors profit to record
Tweet In recent years, demand for luxury vehicles in China has gone up sharply and most luxury vehicle manufacturers are really reaping from the boom . Last year (2011), Tata…
