China 2014 Trade Surplus Reaches Record High
China’s trade surplus soared by almost half last year to a record US$382 billion, the government announced today.
Vistara Becomes Third Full-Service Airline in India
A joint venture between India’s Tata conglomerate and Singapore Airlines, Vistara is headquartered in New Delhi and will initially operate flights to Mumbai and Ahmedabad.
Mobile Phone Becomes the Personal Banking Assistant in China
With Taisys Slim SIM technologies, banks have successfully built up the highly secured “virtual banking network” to their customers providing secured access to financial services.
China Combats Pollution with Huge Increase in Solar Power
As the world’s largest emitter of carbon, China has decided that one of the best ways to clean up its polluted air is through solar power.
Taiwanese Tech Giant ASUS Expands Global Footprint
ASUS, the Taiwanese technology innovation brand, has appointed Andre Goosen to the position of Country Service Manager, a new role created in line with ASUS’ increased focus on after sales service.
Tata Power Solar Completes 25 Years of Harnessing Solar Power
Tata Power Solar, India’s largest integrated solar player, has announced the completion of 25 years in the global renewable energy space.
Xiaomi Becomes Fourth-Biggest Smartphone Seller
Xiaomi is now the fourth-biggest smartphone seller worldwide, right behind Huawei, according to Gartner.
China to Build $31 Billion Worth of New Infrastructure
China’s economic planner has approved the construction of 192 billion yuan ($31 billion) of roads and an airport in the latest government effort to increase investment and support a slowing economy.
Hyflux Consortium Awarded S$328m Project in Oman
The project, worth an estimated US$250 million (S$328 million), was awarded to Hyflux Consortium by the government-owned Oman Power and Water Procurement Co.
Bank of Japan Share More Upbeat View on Economy
The Bank of Japan on Friday (Dec 19) struck a more upbeat view of the world’s number three economy, saying exports were showing signs of picking up while factory output has started to “bottom out”.