Investment into—and out of—Asia bucked the global trend over the past year as China and India continue to power the region’s economic progress.
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Asia goes abroad
Domestic launch of electric Indica likely by early ’11
Tata Motors of India, today said it could launch an electric version of its flagship passenger car Indica in the domestic market simultaneously with its European launch, in early 2011.The company will…
Sony voted region’s no. 1 best brand in 2009
Top advertising-industry publication Media, in conjunction with leading market-insight company TNS, today released its list of Asia’s top 1,000 brands for 2009.…
200 jobs to go as McCain factory shuts
Vegetables processor McCain’s decision to close its Tasmanian factory in favour of expanding its New Zealand base will cost up to 200 jobs.…
Burberry signs new Indian partner
Burberry is poised to enter a joint venture with Indian fashion retailer Genesis Colors, pending government approval in India.…
Designer crime: the Prada bag blag
Designer robbers went on an early Christmas shopping spree in Sydney today, smashing the front doors of the CBD Prada store and stripping it of luxury bags and clothes. …
Food for thought
Market leader Kellogg’s is expanding the still-small breakfast cereal market on the Indian health and wellness plank.…
Damage control
How Karl Slym is steering General Motors India after its US parent filed for bankruptcy.…
Woolworths Mathieson – a handsome couple
Think Woolworths and the first thought that comes to mind is: ”The fresh food people”, but Woolworths’ real money spinners are alcohol and gambling. It is creating big…
Toyota mulls engine, transmission plant in India
Japanese auto major Toyota today said it is considering to set up an engine and transmission plant in India as it looks to use more vehicle-parts made here in its cars than import them.…