He made company into one of world’s largest of its kind. But after 27 years, his franchisees want him out.…
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In Trends
China’s tier II & III cities – opportunities abound for international retailers
With the focus on China for future growth many retailers will be looking to the Tier I cities, Shanghai, Beijing, Guangzhou and Shenzhen, however as markets become saturated and new mall openings slow…
Vietnam to sign export rice contracts with RP
Vietnamese rice exporters will sign export contracts with the Philippines for next year, the local newspaper Liberty Saigon reported today.
According to Vietnam’s Ministry of Agriculture and Rur…
China growth more than 7 pct in January-September
China’s economy expanded more than 7 percent in the first nine months of the year and will certainly surpass the 2009 growth target of 8 percent, a top economic official said Monday.
Statistics …
Australia faces a slow haul to recovery
AUSTRALIA’S economy will face ”stiff headwinds” as world growth picks up next year with higher interest rates and cautious consumers generating a subdued recovery, according to Acces…
Shopping mall shootout sparks panic
A shootout between police and masked robbers in an upscale mall in Manila’s financial district Sunday left one suspect dead and sent shoppers scampering for safety, witnesses said.
The attempted…
17th Meat Safety Consciousness Week and 37th National Meat Inspection Service Anniversary
As early as the 19th century, a Spanish Royal Decree instituted a meat inspection system in the Philippines. The system called for a record of meat inspection activities and statistics, employing the …
Cebu, Negros boost Credit Security Fund
Cebu City, which forms part of Metro Cebu, has been recognized as the country’s second most important economic center – next only to Metro Manila.
Aside from major businesses that have tra…
New tax law threatens sales, car sellers say
The newly passed law authorizing city and regional administrations to set vehicle tax rates on a progressive basis will cause car sales to drop in 2010, representatives of Daihatsu and Isuzu, both gro…
Sun’s budget roaming text
Sun Cellular has introduced its new budget roaming text service that costs only P5 per message. Sun’s Budget Roaming Text is 80% cheaper compared to regular roaming SMS rates and allows one to t…