China’s central government has issued a fresh edict to shut down outdated and inefficient plants in a dozen sectors as it seeks to raise industry competitiveness, cut pollution and conserve ener…
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Reliance Media’s Big Cinemas to increase to 330 screens across India
Reliance MediaWorks, an Anil Dhirubhai Ambani Group company, plans to increase the number of screens under its multiplex chain Big Cinemas to 330 by the end of the next fiscal year.…
Tiffany profit falls short, outlook beats street
Tiffany & Co. reported a smaller-than-expected quarterly profit as sales of lower-margin rough diamonds rose faster than its pricier and more profitable jewellery, and its shares fell 2 percent.
T…
India: Gold jewellery biz may grow 30pc
The Indian gold jewellery business is expected to grow by up to 30 percent during Akshaya Tritiya – a festival considered auspicious for buying the metal – against the year-ago period on i…
Philippine exports soar
Philippine exports surged in January, sustaining the double-digit rise that started in December 2009, on a strong recovery in electronics shipments.
Electronics products, the country’s main expo…
Eco-friendly products boost competitivenes
The practice of treading a "green" path is on the rise among manufacturers in China, albeit at different levels of adoption. Be it in the garments, jewellery, stationery, paint or consu…
India’s Infosys to launch service for 3G
In light of the upcoming spectrum auction, Indian software and IT-services giant Infosys Technologies Ltd is developing a managed billing offering designed especially for 3G service providers. The new…
US praises India’s efforts to combat money laundering
In an US government report, it has acknowledged India’s recent efforts to combat money laundering through its amendment of the Prevention of Money Laundering Act, and requested this is extended …
Kung Hei Fat Choi!
Retail in Asia wishes everyone a Happy, Healthy and Prosperous Year of the Tiger!
It may not be all smooth sailing under a tiger reign, but a reversal of financial fortunes could come to a lot of reta…
China: Toy safety in focus
Toy safety is once again under the spotlight, as reports emerged last week concerning the presence of the toxic metal cadmium in Chinese-made children’s jewellery. The issue was brought home as …