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Hawaiian Airlines to stop flights to Taiwan due to slow demand
US-based commercial airlines, Hawaiian Airlines said that it will be suspending its non-stop service to Taiwan in April 2014. Moreover, the airline is set to reassign that route’s aircraft to its non-stop service to Seoul. The company explained...
Renault to increase sales, eyes Chinese market
French vehicle manufacturer Renault considers the Chinese market to be one of the most important markets when it comes to sales. Dongfeng Renaut, which is the Sino-French joint venture is looking to increase yearly sales of 750,000 units in...
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...
Chinese courier company STO Express opens Japan hub
China-based courier company STO Express – as part of its expansion spree – is planning to open its first logistics hub in Japan. The recent move has been made by the company soon after it launched its official website in the United...
SriLankan Airlines, Oman Air sign codeshare agreement
SriLankan Airlines and Oman Air have teamed up in a new codeshare agreement. Under the latest agreement, SriLankan Airlines and Oman Air will offer more choices and additional convenience to customers of both airlines. The agreement officially...
UK brand Tesco to begin operating in China
The biggest supermarket chain in Britain, Tesco Plc is all set to bring its brand to China. The latest reports say that the brand will be dropped in the country after it officially enters a joint venture with China Resources Enterprise Ltd....
Facebook not shutting down platform in Korea
Recent reports have claimed that the social networking giant Facebook was planning to shut down its network in Korea, due to low ad revenue. Benjamin Joe, the head of Facebook Korea said that Korea is a unique market and that over 90 percent...
Bhutan and Nissan sign deal for electric cars
South Asian country of Bhutan has teamed up with the Japan-based auto giant Nissan on February 21, 2014. A deal has been signed between Nissan and the country, which is gearing up to become the ultimate showcase for electric cars, as well as...
Tencent and Alibaba’s mobile payment war in China escalates
The mobile payment market in China for cab-calling services is becoming the point of conflict for leaders Alibaba and Tencent. Tencent’s Didi announced on February 18, 2014 that if taxi passengers pay their taxi fares through WeChat, they...
Philippine property giant to invest in local healthcare
The Philippines-based property giant Ayala Land Inc. (ALI) is gearing up to contribute to the local healthcare industry, with an investment of more than P5 billion in order to build new hospitals and clinics all over the country. The new project...