2:36 pm - Wednesday April 23, 2014

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onine tax

Indonesian online retailers to be taxed

In recent times, online shopping has become a huge trend among buyers, as it allows them to avoid long queues and sales tax. However, the current situation is most likely going to change soon, as the government of Indonesia is set to introduce...
consumer rights

Revised consumer rights law to be applied to online shopping in China

The consumer rights law in China – which has been recently revised – might push some of the small e-retailers out of business. The country’s revised consumer rights law includes a week-long cooling-off period and during that...
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...
aircel

Aircel offers special roaming pack for Indian Holi festival

As the popular festival of Holi is just around the corner, Indian telecom giant Aircel has launched a special national roaming pack during the upcoming festivities. The company is now offering a special recharge pack ‘RC 83′, which...
wumart

Chinese Wumart dealing with rising costs, tough competition

One of the biggest supermarket chains in China, Wumart Stores Inc. – regardless of a booming retail market – reported its first ever decrease in full-year net profit in over six years. The company managed to reach sales of 18.9 billion...
vegetables

Vietnam expecting good forecasts for fruits, vegetable exports in 2014

Experts in Vietnam are expecting good prospects for the exports of fruits and vegetables in 2014. The country’s exports of fruits and vegetables are expected to generate US$1.2 billion. The Fruit and Vegetables Association of Vietnam said...
south korean

Low-cost carriers becoming popular in South Korea

The ongoing competition between low-cost carriers in South Korea is increasing in recent times. The popularity of low-cost airlines is on the rise due to fast-growing number of budget-friendly travelers in the Asian country. Experts from the...
seoul

Seoul plans to create 125 tour programs by 2018

The municipal government Seoul says that it is planning to create diverse tour programs. The latest move will be made in an attempt to attract an increased number of foreign tourists to the capital, as well as to increase their convenience....
hawaiian

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

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...