The number of wildcat strikes in Vietnam doubled last year as workers suffering from Asia’s highest inflation rate struggled to obtain better wages.
Vietnam has been successful in recent years i…
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Vietnam’s factories grapple with growing unrest
Apple introduces iBooks 2, a digital textbook service
Apple unveiled a new digital textbook service called iBooks 2 last week, as the iPad maker aims to revitalise the education market.
Apple marketing chief Phil Schiller said it was time to reinvent the…
IBM result, outlook top analysts’ goals
International Business Machines (IBM), the world’s biggest computer-services provider, reported fourth-quarter earnings and gave a 2012 forecast that exceeded analysts’ estimates as compan…
China opposed to US listing Taobao as piracy market
China is "greatly concerned and strongly opposed" to the United States’ listing of Taobao, the country’s largest consumer e-commerce website, as a notorious market for piracy, a …
Indonesian firms brace for higher labour costs on court ruling
Indonesian companies said last Thursday that they now had no choice but to brace themselves for higher labour costs in the wake of the Constitutional Court ruling that declared outsourcing against the…
Shangri-La announces sustainable seafood policy
Shangri-La Hotels and Resorts recently announced its "Sustainable Seafood Policy" including the commitment to cease serving shark fin in all of its operated restaurants as well as accep…
Momentum to drain from world economy in 2012
The world economy will lose momentum in 2012 but it will keep moving in the right direction, according to Reuters polls of around 600 economists who said crisis-hit Europe would drag on global growth.…
Optimistic Indonesia tops consumer survey
Rosy expectations about the economy have made Indonesian consumers among the most optimistic in emerging economies, a survey from Credit Suisse Research Institute shows.
In the survey, published on Th…
Labour shortage hints in China
When we speak of China as the world’s factory, this idea conjures up for many an image of rows of sweatshops manned by an endless supply of ex-Chinese farmers who churn out everything that a mod…
China Mobile steps up efforts to boost 4G standard
China Mobile aims to hasten the adoption of time-division long-term evolution (TD-LTE) technology – the high-speed 4G standard backed by Chin – in the world’s largest economy under a…