EU defines demands on investment deal with China
Beijing/Brussels – The European Union’s top trade diplomat in Beijing hinted last Wednesday that the bloc might not sign off an investment agreement with China by the December deadline without key demands on market access and state subsidies being met. … Continue reading EU defines demands on investment deal with China
German government to open exhibitions and trade shows
PARIS – UFI, the Global Association for the Exhibition Industry, has welcomed a decision by the German government to pave a way for exhibitions and trade shows in the country to reopen. In its list of measures on dealing with the … Continue reading German government to open exhibitions and trade shows
UAE suspends most China flights
DUBAI – The United Arab Emirates is the latest country to announce suspension of flights to and from China — with the exception of the capital Beijing — in an effort to contain the new coronavirus, its state-run WAM news … Continue reading UAE suspends most China flights
Olympics in Japan: Many hotels booked out
Tokyo — Some of the capital’s most iconic hotels have already stopped taking room reservations during next summer’s Olympic Games as the city stares down a 14,000-room shortfall during the festivities. The luxury Hotel Okura Tokyo has cut off bookings … Continue reading Olympics in Japan: Many hotels booked out
French retail group Auchan to exit Vietnam
Croix/Hanoi – Auchan Retail CEO Edgar Bonte told French newspaper Les Echos that the group had decided to sell its 18 stores in Vietnam. An unnamed source told VnExpress that Auchan’s Vietnam operations have been bought by a domestic retail group. According to … Continue reading French retail group Auchan to exit Vietnam
No high-level U.S. officials at Silk road summit
Washington – The United States will not send high-level officials to attend China’s second Belt and Road summit in Beijing this month, a spokesperson for the U.S. State Department said on Tuesday, citing concerns about financing practices for the project. … Continue reading No high-level U.S. officials at Silk road summit
Cambodia: One of the fastest-growing economies
Phnom Penh – The Asian Productivity Organization (APO) announced that it has handed over the Cambodia National Productivity Master Plan 2020–2030. The document and recommendations were handed to Cambodia’s Senior Minister of Industry and Handicraft Kitti Setha Pandita Cham Prasidh … Continue reading Cambodia: One of the fastest-growing economies
BMW To Start Manufacturing Electric Car Batteries
Bangkok – In the case of BMW Group, the primary battery pack production site is in Dingolfing, Germany, but step-by-step the company is launching also other smaller sites around the world to localize battery assembly. There is already a BMW battery facility … Continue reading BMW To Start Manufacturing Electric Car Batteries
PATA : Focus on responsible and sustainable tourism
Bangkok – The Pacific Asia Travel Association (PATA) announced the founding of the Twin Cities World Tourism Association (TCWTA) during the PATA Travel Mart 2018 (PTM 2018) in Langkawi, Malaysia from September 12-14. PATA CEO Dr. Mario Hardy: “PATA assists destinations … Continue reading PATA : Focus on responsible and sustainable tourism
Taiwan looking to serve Asia’s Halal Sector
Taipeh – With far more Muslims in the Asia-Pacific region than in the Middle East, it’s no surprise that many Asian businesses in general – and Taiwanese businesses in particular – are getting serious about the halal sector. Proof of … Continue reading Taiwan looking to serve Asia’s Halal Sector