Monthly Archives: January 2014

VietJetAir nears huge Airbus order

Posted on January 31, 2014 by thomasdinnocenzi

Vietnam’s first private airline, VietJetAir, said Wednesday it was close to finalising a US$6.1 billion Airbus order as part of an ambitious expansion that has shaken up the communist country’s once tightly controlled aviation industry. Like many sectors of the … Continue reading →

Posted in Business, Economy, Global Sourcing | Tagged aircraft, airline, Asia, aviation, Bangkok, business, Cambodia, destination, economy, expansion, industry, Jetstar, low-cost, Seoul, Siem Reap, South Korea, southeast asia, vietnam, Vietnam Airlines | Leave a comment

India’s Bharti Airtel profit doubles, first rise in 4 years

Posted on January 30, 2014 by thomasdinnocenzi

India’s top mobile phone firm Bharti Airtel reported Wednesday its quarterly profit increased by 115 per cent, the first rise in four years, boosted by surging data use and easing of cut-throat price wars. Bharti, the fourth-largest telecom firm globally, … Continue reading →

Posted in Business, Economy, Global Sourcing, Technology | Tagged Africa, Airtel, Asia, increase, india, Internet, market, mobile, mobile phone, performance, Profit, South Asia, telecom | Leave a comment

Rubio boosts foreign policy resume with Asia tour

Posted on January 29, 2014 by thomasdinnocenzi

As Gov. Chris Christie continues to fend off accusations of corruption in New Jersey, another Republican with possible designs on the White House, Marco Rubio, spent last week 7,000 miles away from the controversy, burnishing his foreign policy resume with … Continue reading →

Posted in Business, Economy | Tagged Asia, Asian, business, china, economic, foreign, growth, Invest, Investment, Japan, policy, relationship, Rubio, South Korea, southeast asia, tour, US | Leave a comment

Foxconn eyes factories in Indonesia as China’s lustre fades

Posted on January 28, 2014 by thomasdinnocenzi

Taiwan’s Foxconn Technology Group, the major supplier of Apple Inc’s iPhones and iPads, may build high-tech factories in the United States and low-cost plants in Indonesia as the appeal of ‘made in China’ fades into a burden. Beset by rising costs and labour … Continue reading →

Posted in Business, Economy, Global Sourcing, Technology | Tagged Asia, business, china, factory, Indonesia, Investment, manufacturing, plant, potential, production, smartphone, southeast asia, Taiwan, Technology, US | Leave a comment