Latest Asia Business News
RSS-
Banned Bangladesh Factory Still Operates
VF Corp. VF confirmed on Saturday it was still using Liz Apparels to make its clothing following an inspection ordered by the factory owner, Nassa Group, on May 12. VF, whose other clothing brands include North Face, Timberland and Nautica, said its philosophy was to "stay and improve" working conditions."We are in daily contact with the facility and VF's leadership is ...
-
Toyota seen to ride on PH growth
MANILA, Philippines--The group of taipan George Ty expects its automotive business under Toyota Motor Philippines (TMP) to get a big boost from the rise of the domestic economy as per capita gross domestic product (GDP) is seen to hit $3,000 in the next few years. GT Capital, the parent company of TMP, is ready to ramp up manufacturing output and expand its distribution network to meet the ...
-
HC clears Vodafone-Indus tower merger
MUMBAI: A recent Delhi high court order allowing the merger of Vodafone Essar's tower assets into Indus Towers will finally clear all legal hurdles for the tower company - a joint venture between India's top three private mobile operators Bharti Airtel, Vodafone ...
More Asia Business News
RSS-
Take away 3 RIL gas finds DGH
Shibulal cited the recent Infosys 3.0 strategy as a transformation exercise that could set the company on a high-quality growth path in the long ...
-
Everstone nets Rs 1.3k cr for warehouses
private equity firms, has raised $250 million (over Rs 1,350 crore) from global investors to build industrial warehousing in the country. The just-concluded fund raise probably signals the return of long-term risk investors to India investment story, which they had put on hold for last 24 months. Everstone is developing a network of warehousing centres through IndoSpace Logistics Parks, a joint ...
-
Pesky calls SMSs back Trai looks for a fix
real estate development in town, pesky messages have made a strong comeback. What's worse, there is a sudden rise in the number of phone calls, several of which are soliciting donations from non-governmental organizations (NGOs) that you have probably never heard of. Then, there are agents of some of the ...
-
Google boss Eric Schmidt defends British tax affairs
British tax . Writing in Britain's Observer newspaper, Schmidt insisted that Google "has always aspired to do the right thing" and that the company pays "significant" amounts of British corporate, local and employment tax. But he added: "International tax law could almost certainly benefit from reform." Margaret Hodge, chairwoman of the British ...
-
Incorrect tax withholding most frequent payroll error EY
Ernst and Young (E&Y) said. E&Y's survey, Global Payroll: Myth or Reality, reveals majority of multinationals want improvement in their payroll practices, yet they are skeptical about whether payroll providers can deliver a comprehensive global solution. The survey covered 161 respondents comprising global senior payroll ...
-
Military Attack wins Singapore Airlines Cup to make it Hong Kongs night
Military Attack and Zac Purton are led in after the Singapore Airlines International Cup by George Moore, son of trainer John Moore. Photograph: Neville ...
-
Brands Advertise Full-Force at Cannes
CANNES, FRANCE--The Cannes Film Festival is in full swing, and the key players from the film industry have jetted off to the south of France for 12 days of screenings, meetings and parties. But it's not just Hollywood A-listers who have made the trek out to the South of France. Brands from Belvedere to Magnum ice cream have ubiquitous presences during the festival. They pay to sponsor ...
-
Eurovision debacle Germans blame Eurozone crisis
Eurovision Song Contest, blaming chancellor Angela Merkel's tough stance in the Euro zone crisis for their failure to win any points from 34 of the 39 countries voting. Denmark's Emmelie de Forest won the event, watched by around 125 million people across Europe, with 281 points while German act Cascada was 21st out of 26 countries, getting just 18 points from Austria, Israel, Spain, ...
-
Holdens signs similar to Mitsubishi when it closed Adelaide plant
HOLDEN is in danger of shutting its manufacturing operations and could bring the rest of the car industry down with it. That's the warning from University of Adelaide Associate Professor John Spoehr, who says he is seeing similar signs to the lead-up of Mitsubishi's Adelaide factory closure in 2008. LABOR MP SEEKS TARIFFS TO SAVE HOLDEN JOBS "I'm very concerned about the ...
-
Tesco clothing brand plans international expansion
said on Sunday it planned to open more than 50 new franchise stores worldwide over the next five years.F&F, which opened its first franchise store in Saudi Arabia last year, said it would open shops across the Middle East and in Kazakhstan, Georgia, Armenia and Azerbaijan.Up to six stores will be opened this year, with the first in the Kazakh capital Astana next month.F&F gave no details ...
-
Toyota Auris Hybrid car review
Toyota's Auris Hybrid - an eco car that does almost 75 miles to a gallon with just a nostril caressing whiff of emissions - 85g/km. The ethically pure Auris is as clean as Jay Rayner's dinner plate...The notion of a green car will, of course, always be oxymoronic. Like false truths, turkey ham or Arsenal trophies, some pairings seem poles apart. But manufacturers are working hard at ...
-
Govt mulls putting cap on preferred seats on airlines
Following the recent exercise of unbundling various services like charging for privileged seats, meals and excess baggage, several airlines put a price on seat ...
-
GoM on PSU reforms to meet on May 22
A series of scandals and the subsequent sackings of UPA ministers may have left Manmohan Singh alone, but he’s still got his right hand men in bureaucracy to lean ...
-
FIIs invest Rs 12000 cr in stock market
Indian equity market so far this month. With this, the total foreign investment in the country's equity market has reached Rs 73,029 crore ($13.5 billion) since January. During May 2-17, foreign institutional investors (FIIs) were gross buyers of shares worth Rs 37,997 crore, while they ...
-
These Tech Giants Covered by the Cloud Too Pros
cloud computing , which allows consumers and businesses to access data and applications anywhere, anytime. "You have to focus on cloud as a tech investor at this point," Ken Allen, technology portfolio manager at T. Rowe Price, told CNBC this week. "It cuts across the industry, across subsectors." Given cloud computing's potential, Wall Street analysts remain bullish on ...










