Malaysia to host PATA Adventure Travel Conference
NUR-SULTAN, Kazakhstan – The Pacific Asia Travel Association (PATA) announced that the PATA Adventure Travel Conference and Mart 2020 (ATCM 2020) will be held in Kota Kinabalu, Sabah at the Sutera Harbour Resort from February 12-14. The announcement was made by Mr. Iskandar Mirza Mohd Yusof, … Continue reading Malaysia to host PATA Adventure Travel Conference
LG Display’s struggle against Chinese rivals
Seoul – Unable to compete with the glut of cheaper Chinese LCD panels, LG Display has replaced its chief executive and is looking to cut jobs. Early this week, the South Korean company held an emergency board meeting to accept … Continue reading LG Display’s struggle against Chinese rivals
China’s car market under pressure
Beijing – Car sales have fallen in all key regions, especially in China, the world’s biggest auto market. With concerns about the economy and stricter emissions rules looming, there is no end in sight for carmakers’ troubles. The biggest fall … Continue reading China’s car market under pressure
Japan and US agree on trade deal
Washington/Tokyo – U.S. President Donald Trump said on Monday Washington had struck trade agreements with Tokyo that could be implemented without congressional approval, but stopped short of assuring Japan that new tariffs would not be slapped on vital auto exports. … Continue reading Japan and US agree on trade deal
China’s GDP grew 6.3 percent, economy stable
Shanghai – Chinese Premier Li Keqiang said it is “very difficult” for China’s economy to grow at a rate of 6% or more because of the high base from which it was starting and the complicated international backdrop. The world’s … Continue reading China’s GDP grew 6.3 percent, economy stable
Hover Bike: Market entry planned for 2022
Tokyo – A.L.I. Technologies Inc., a Tokyo-based venture company, aims to release a mass-market flying motorcycle by 2022. The company, which mainly develops small drones, hopes to sell the product, called a “hover bike,” in emerging economies in Africa, the … Continue reading Hover Bike: Market entry planned for 2022
Indonesia’s Ex-President Habibie dies at 83
Jakarta – Thousands of people gathered in the Indonesian capital Jakarta on Thursday to mourn the death of former president B.J. Habibie, who came to power as the nation endured a turbulent transition to democracy after former strongman Suharto stepped … Continue reading Indonesia’s Ex-President Habibie dies at 83
China cuts banks’ reserve ratios as economy slows
Beijing – China’s central bank said on Friday it was cutting the amount of cash that banks must hold as reserves for the third time this year, releasing 900 billion yuan ($126.35 billion) in liquidity to shore up the flagging … Continue reading China cuts banks’ reserve ratios as economy slows
IFA: GLOBAL FAIRS launches B2B sustainability project
Berlin – 20 years of experience in organizing B2B platforms to integrate new digital products and (sales) services at leading international trade fairs as well as climate change, which has meanwhile become very prominent in the general awareness, makes experts … Continue reading IFA: GLOBAL FAIRS launches B2B sustainability project
Brexit: Toyota plans to pause production
London/Tokyo – Toyota Motor will stop building cars in the U.K. for a few days after Brexit in case of snags from a no-deal breakup. A plant in central England will suspend production the day after the Oct. 31 divorce … Continue reading Brexit: Toyota plans to pause production