3:04 am - Saturday November 1, 2014

Archive: Business Subscribe to Business

lenovo china ibm server deal

Lenovo prepares for IBM server division acquisition

China’s Lenovo is closing in on its target to acquire IBM’s server division. In a bid to drive up its profit, Lenovo is reportedly pursuing a $2.1 billion deal to acquire IBM’s x86 server division by October 2, 2014. Through...
starbucks coffee japan

Starbucks to buy full control of Japan unit for $914 million

The Japan unit of Starbucks will be fully owned by the US coffee maker. International coffee chain Starbucks has announced its plans to buy the remaining 60.5 percent share of Starbucks Coffee Japan in a two-step deal for $914 million on September...
Philips split business separate company

Philips to split business, form separate company

Electronic giant Philips to break its business into lighting and healthcare-lifestyle companies. Dutch electronics group Philips has announced that it will split its 120-year-old business into standalone healthcare-lifestyle and lighting focused...
Rusia fruit exports pakistan agreement

Pakistan to sign fruit exports agreement with Russia

Russia to turn to Pakistan for vegetable and fruit exports. In the light of Russia’s ban on European fruit exports, the country is likely to sign an MoU with Pakistan for fruits, vegetables and other products. Russia has obtained a list...
Airasia group thailand expansion

AirAsia Group expands presence in Thailand

AirAsia Group plans further expansion in Thailand across business sectors. Malaysian low-cost airline AirAsia affiliate AirAsia Group has treaded deeper into Thailand by establishing new businesses across varied sectors such as insurance, communication...
Samsung to make cell phones in Indonesia_Fotor

Samsung to manufacture cell phones in Indonesia

South Korean phone maker Samsung to start production of cell phones in Indonesia. Samsung Electronics may start manufacturing cell phones in Indonesia by early 2015. It will be the first South Korean company to produce cell phones in the region....
digital marketing trends 2015

Digital marketing trends to watch out for in 2015

Four digital marketing trends that businesses need to prepare for. Thailand digital marketing agency ReadyPlanet.com has predicted four digital marketing trends that business need to watch out for–namely, the Internet of Things (IoT),...
Wal-Mart China community shopping center

Walmart to build shopping centre in China

China will get a new community shopping centre in Zhuhai, built by Walmart. Building its first community shopping centre in China, US-based Walmart Stores is tightening its focus on the country’s growth in the market. With this move, the...
nepal auto industry

Nepal auto industry on a recovery path

With a surge in vehicle registrations in 2013-14, Nepal’s auto industry set for upward ride. The 2013-2014 fiscal for Nepal’s auto industry has been upscale in terms of recovery from the general slump. According to statistics released...
Indian online ad market growth

Indian online ad market to reach Rs 3,575 crore in FY15

Indian online ad market to grow by 30 percent in FY15 from Rs 2,750 crore in March 2014. Estimating a 30 percent rise, the Indian online ad market will touch Rs 3,575 crore by March 2015 from Rs 2,750 in March 2014. As per a joint study done...