5:03 pm - Saturday April 19, 2014

Author Archives: Samron Jude

CHina nuclear

China preparing to build up nuclear power grid

France-based power generation giant Alstom SA stated on April 15, 2014 that it is expecting to supply a massive portion of the steam turbine market for China’s nuclear power generation. The Asian country is considered to be the fastest-growing...
FB

Facebook planning to have fewer, bigger ads on PC site

Social networking giant Facebook will reportedly be switching to fewer ads, but they will be bigger in size and will be located on the right-hand side of the popular website’s desktop PC version. The latest move has been made because Facebook...
A boy poses with a chicken burger at a fast food outlet in Taipei

Taiwan planning to ban junk food ads on TV channels for kids

The Ministry of Health and Welfare (MHW) of Taiwan proposed a bill on April 9, 2014, which will ban broadcasting commercials for junk food on TV channels intended for children. The bill included five kinds of junk food which will be banned. Those...
tax

Indonesia planning to impose 20% tax on mobile phones

Trade Ministries along with Indonesia’s Industry have decided to impose a 20% luxury goods sales tax on mobile phones. The latest move will improve growth in the country’s infant industry. MS Hidayat, the industry minister said that...
exports

Latest tax rebate policy in China to improve exports

The latest tax policy in China will enable trade service companies to apply for exemptions for export goods or tax rebates. The new policy will help businesses to expand trade growth, as well as encourage domestic small and medium-sized companies...
The logo of Hyundai Motor Co. is seen on a wheel of a car at a Hyundai dealership in Seoul

Hyundai planning to build new production plant in China

South Korean company Hyundai Motors said on March 26, 2014 that it is all set to build a new production plant in Chongqing, China. The company said that the new move will be made in order to venture into the biggest new vehicle market in the...
vietnam

Consumers in Vietnam spend big on technical goods

Even though the world is experiencing a major economic slowdown in various sectors, the situation is a bit different in Vietnamese electronics market. It has been reported that four out of seven sectors in the country’s technical consumer...
LG Chem

South Korea’s LG Chem set to acquire American water filter company

South Korea’s biggest chemical company, LG Chem Ltd announced on March 14, 2014 that it has made a decision to purchase an American water filter company for $200 million. One of corporate sources said that the company’s board approved the...
Relatives of passengers on the missing Malaysia Airlines flight MH370

Searchers not able to trace missing Malaysian Airlines plane

It has been reported that Vietnamese searchers on ships have been working on a search operation throughout the night in an attempt to trace a rectangular object which was spotted on March 9, 2014. Initially, the object in question looked like...
rice market

South Korea hints at opening rice market for foreign suppliers

The government of South Korea will soon make a decision if the rice market will be opened to suppliers from abroad. The agriculture minister of the country said on March 3, 2014 that the move has been delayed for the past 20 years due to large...