China to Top US Business Travel Spending by 2016
China’s globe-trotting businessmen are on track to top travel spending by 2016, overtaking their U.S. counterparts, according to a new survey by the Global Business Travel Association (GBTA).
Asian Stocks Reaches Six-Year High
Asian stocks rose for a third day, with the regional benchmark index extending a six-year high, ahead of a Federal Reserve meeting.
Construction Boom Affecting Worker Safety
The construction boom and a shortage of workers to handle demand could be among the reasons for a spate of safety lapses and accidents in the construction sector, industry players have said.
LG Electronics Q2 Profit up 26.5 Percent
South Korea’s LG Electronics said on Thursday its second-quarter profit rose 26.5 percent from a year earlier, beating analyst estimates.
Singapore Tourism Grows to S$6 Billion
Tourism in Singapore has grown 5 percent year-on-year to S$6 billion. Receipts for the first three months of 2014 reflect this growth.
Relations between Argentina and China to Reach “New Horizons”
Relations between Argentina and China are poised to reach unprecedented “new horizons,” Chinese President Xi Jinping told lawmakers in Buenos Aires during a summit visit late July.
China Studies Possibility of Floating Gas Plants
Chinese energy giant CNOOC Group is studying the possibility of building a multi-billion-dollar floating liquefied natural gas (FLNG) vessel, as-yet untried technology that would likely be used to produce gas from the deep waters of the South China Sea.
Asia Commercial Real Estate set to Boom
Transaction volumes of commercial real estate in the Asia-Pacific region are set to rise dramatically in the second half of this year.
Singapore 4th Most Expensive City in the World for Expats
Singapore has climbed one place to become the fourth most expensive city in the world for expatriates.
Malaysia Banks in Mega-Merger Talks
Three of Malaysia’s largest financial institutions are in talks to combine their businesses, in a move that would create one of southeast Asia’s biggest lenders by assets as well as build what they said would be a “mega Islamic bank”.
