Business » Asia
Monday, 24 December 2012
IN RESPONSE to the global financial crisis, Islamic finance is expected to contribute to the global agenda of fostering sustainable growth that is firmly anchored to the real economy, Malaysia's central bank governor Dr Zeti Akhtar Aziz said.Islamic...
Monday, 17 December 2012
Apple faces roadblock in China:THE China release of its iPhone 5 last Friday should win Apple Inc some respite from a recent slide in its share of what is likely already the world's biggest smartphone market, but its longer-term hopes may depend on...
SAMSUNG heir-apparent Lee Jay-yong has been the man of the hour in South Korea's business circles since he was appointed vice chairman of Samsung Electronics last Wednesday.Although Lee's promotion was widely predicted as he is the only son of...
Monday, 10 December 2012
Southeast Asian nations need to reassess basic salary rates.AFTER years of profiting from cheap labour, Southeast Asian businesses paying wages low enough to undercut China are being forced to accept it is time they paid people a bit more.In...
CHINA'S Xiaomi Technology is a fairy tale for nerdy entrepreneurs.Less than three years after its founding, the smartphone maker is valued at US$4 billion and evokes Apple-like adoration from its fans, some of whom are desperate enough to skip...
Wednesday, 5 September 2012
CHINA'S Harbin City aims to attract more investors to its food and agriculture sector which boasts abundant resources that have benefitted companies like Swiss food giant Nestle in Suangcheng county.The capital city of China's northeast...
Saturday, 7 July 2012
NATIONAL carrier Malaysia Airlines (MAS) will introduce new daytime frequencies between Malaysia and India from Sept 1.MAS Regional Senior Vice President (Malaysia and Asean) Muzammil Mohamad said as the only carrier providing daily direct full-...
Fast Retailing cuts forecast for 2012 TOKYO: Fast Retailing Co lowered its full-year forecast below market estimates yesterday after a drop in sales at its Uniqlo casual-clothing chain in Japan, underscoring the need for Asia's biggest apparel...
SOARING sales of the Galaxy smartphone drove record quarterly profit of US$5.9 billion at Samsung Electronics, though the South Korean tech giant is sweating over how Europe's debt crisis is denting demand in its biggest market for televisions...
CHINA'S government said yesterday it will "properly handle" a US complaint to the World Trade Organization about its anti-dumping duties on auto imports and doesn't want the latest in a string of trade disputes to harm relations....
Saturday, 30 June 2012
THE tight labour market continued to lift workers' wages in 2011 despite the slower economic growth, says the "Report on Wages in Singapore, 2011".The report, released by the Ministry of Manpower's Research and Statistics Department today...
JAPAN has found a large deposit of rare earth minerals in its Pacific seabed, enough to supply its hi-tech industries for more than 200 years, a scientist said yesterday.Around 6.8 million tonnes of the valuable minerals, used in electric cars,...
TOTAL proceeds from bond offerings by Asia Pacific issuers started strong this year with a 4.1 per cent increase from the first half of 2011 to US$356.3 billion.This is the highest semi-annual volume on record, despite the 19.0 per cent decline in...
Tuesday, 5 June 2012
ASIAN banks will have a tough time meeting new global liquidity rules because of a shortage of assets such as top-rated government debt that can be converted into cash quickly, according to KPMG. !Lenders that fall short of the liquidity regulations...
INDONESIA plans to curb coal exports and is considering a tax on shipments of the mineral, government officials said yesterday, pushing shares in the country's leading coal miners down by more than 13 per cent.!The world's top thermal coal exporter...
New Aussie tourism campaign targets ChinaSYDNEY: Australia launched a multi-million dollar global tourism campaign in Shanghai yesterday, targeting China's growing affluent classes who are venturing overseas in greater numbers. Australia said it...
FORD Motor is in talks with local partners to introduce indigenous brands in China as it plays catch-up in the world's biggest auto market with the likes of General Motors and Volkswagen, its China chief said yesterday.!Such a move would see Ford...
Tuesday, 1 May 2012
JAPANESE car giant Toyota Motor will post a full-year operating profit of US$4.3 billion, nearly 30 per cent above forecast, when it announces its earning results next week, a report said yesterday.The Nikkei business daily said the firm will reveal...
INDIA yesterday ended recent restrictions on cotton exports, six weeks after partially reversing a ban it had imposed on overseas sales.India, the world's second-largest producer of cotton, last month stopped all exports of the crop, saying it...
JAPAN'S foreign minister met Indian officials in New Delhi yesterday to discuss increased political, security and economic cooperation between the two nations. Koichiro Gemba and Indian Foreign Minister SM Krishna led wide-ranging annual...
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