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Company in Asia

  • Sungrow Power Supply Co., Ltd

    CHINA, 2013/06/28 Sungrow Power Supply Co., Ltd, the major Asian producer of inverters, announced that a 3.0MW PV-plant using Sungrow’s popular string inverter SG20KTL has been operating reliably since its success grid-connection in Romania in February 2013. The plant, located in Central Romania, in the area of Brasov was engineered and built by the Austrian companies GAT Solar GmbH and Eco-Tec.at Photovoltaics GmbH from August to October 2012. Sungrow’s inverters have been performing outstandingly ever since.
  • Rosneft, Inpex Agree on Okhotsk Sea Exploration

    JAPAN, 2013/05/31 Rosneft announced Wednesday that it has signed an agreement with Japan's Inpex Corporation to jointly explore offshore license blocks Magadan-2 and Magadan-3 in the Russian zone of the Sea of Okhotsk in the Russian Far East. Rosneft believes that the two blocks contain estimated recoverable resources of almost 11.3 billion barrels of oil equivalent. The agreement will see the two firms set up a joint venture, in which Inpex will hold a one-third stake.
  • Margin squeeze puts squeeze on Singapore Inc.

    SINGAPORE, 2013/04/29 The majority widespread margin squeeze in at least a decade is pushing some Singapore companies out of the city-national as rising costs and slow increase sap profitability.   A Reuters study of 268 listed Singapore companies showed that 57 % reported a year-on-year drop in operating profit margin for the prime three quarters of 2012. That was the biggest percentage for the nine-month period on record, according to Thomson Reuters data going back to 2002. Full-year data for 2012 was not from presently on available. 
  • Ecobank’s CEO Thierry Tanoh

    INDIA, 2013/04/10 Pan-African lender Ecobank Transnational has signed a memorandum of considerate (MoU) to partner with India’s second-major bank, ICICI, to make itself a hub for Indian investment into Africa, Ecobank’s CEO said on Monday. CEO Thierry Tanoh told the Reuters Africa Investment Summit that a similar alliance with South Africa’s Nedbank had helped it gain better access to markets in southern Africa.
  • Huawei Guo Ping

    CHINA, 2013/04/09 “In 2012, Huawei met business performance expectations through improved operational efficiency,” said Guo Ping, Huawei’s Rotating and Acting CEO.” Today, telecom networks are from presently on to meet the requirements for ubiquitous connections – zero wait time, ultra broadband, and smart applications.
  • Li Ning hit by first annual loss since 2004 listing

    CHINA, 2013/03/28 Li Ning Co Ltd, China's second-major sportswear maker by revenue, has reported a net loss of 1.98 billion yuan (US$318.78 million) for 2012, highlighting an ongoing in general slump in the sector. The company's revenue declined 24.5 % year-on-year to 6.74 billion yuan, according to figures released by the Hong Kong-listed group on Tuesday.
  • Lamborghini’s Jakarta Sales Keep Climbing

    INDONESIA, 2013/03/24 At the same time as someone says “Lamborghini,” one instantly visualizes a supercar racing around the blank highways and mountain roads of Italy. But can a car that was made for that do well in the molasses of Indonesia? Would it do anything but creep along on Jakarta’s roads?
  • Samsung S4 Declared Fastest Smartphone Till Date

    SOUTH KOREA, 2013/03/21 Samsung's prized Galaxy S4 smartphone has presently been declared as the world's fastest smartphone till date. A series of tests conducted by Primate Labs, fetched some solid results, and crowned the recently released device. The test was run on the Geekbench 2 application and S4 was pitted against rivals like iPhone 5, BlackBerry Z10, HTC One, BlackBerry Z10, LG Nexus 4 and as well Samsung Galaxy S III.
  • Akio Toyoda :Toyota’s president

    JAPAN, 2013/03/12 Next four tumultuous years bookended by an unprecedented recall crisis and a return to the top of the world auto industry, Akio Toyoda is refashioning Toyota Motor Corp into a leaner company that’s additional imbued with the venture spirit of founder Kiichiro Toyoda, his grandfather.
  • Nestle: 250 retail outlets nationwide

    JAPAN, 2013/03/12 Nestle Japan said Thursday it plans to open cafes in additional than 250 retail outlets nationwide by the end of 2013. A spokesman for the Kobe-based company said the Nestle cafe corner will be set up in supermarkets, Sankei Shimbun reported. Coffee brewed by Nestle’s coffee machines will be available for 100 yen per cup.