Business Insights

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Latest Business Insights

China and Russia in New Seaport Talks

China and Russia will build one of the largest ports in northeast Asia on Russia’s Sea of Japan’s coast, reports said, in a further sign of the powerhouses’ growing alliance.

China to Become Largest Economy by 2024

China is set to overtake the U.S. as the world’s largest economy in U.S. dollar terms over the next decade, according to a new report by IHS Economics.

Philips to Build Regional HQ in Singapore

Philips has announced that it will build a new regional headquarters in Singapore. The facility, scheduled to be completed in the first half of 2016, will be built in Toa Payoh.

China’s Oil Producers up Capital Spending

Flagship oil producers in China are preparing to ramp up multi-billion dollar capital spending plans squeezed amid a Beijing probe into industry graft, offering a lift for oil services firms that suffered from belt-tightening in the first half.

Pentair Launches Contest to Celebrate 40 Years of Raychem

Pentair’s Technical Solutions, the leading provider of electrical heat-tracing systems, has launched the Pole Position contest to celebrate the 40 year anniversary of its Raychem self-regulating technology.

Tweakker in Chinese Connectivity Drive

Tweakker has announced that it has opened a new business operation in Shenzhen, China and appointed a local general manager to direct and build the operation.

China’s Manufacturing Activity Surges in July

Chinese manufacturing activity increased sharply in July, rising at its fastest pace in more than two years, an official survey showed on Friday (August 1), as the world’s second-largest economy shows signs of increasing momentum.

Over 1.3 Million Foreigners Working in Singapore

It is estimated that as of December 2013, there were 1,331,600 foreigners working in Singapore, says Manpower Minister Tan Chuan-Jin.

Jollibee Foods to Enter Indonesia and Malaysia

Jollibee Foods Corp. (JFC), the Philippines’ leading restaurant chain, plans to enter Malaysia and Indonesia in the next two years and grow its Southeast Asian footprint through franchising.

Domino’s Pizza Reports Huge Profits in Asia

After reporting blowout profits, Domino’s Pizza Enterprises told CNBC its venture into Japan was providing a large slice of its success.