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U.S. fried chicken giant KFC is suing a Texas supplier claiming its cups used to hold popcorn chicken caught fire within 13 to 20 seconds after being placed in a microwave, local media reported Tuesday. Louisville-based KFC claims in the suit, filed in U.S. District Court Friday, that consumers complained earlier this year that their containers caught fir...
China Monday unveiled a blueprint for health-care over the next decade, kicking off the much-anticipated reform to fix the ailing medical system and to ensure fair and affordable health services for all 1.3 billion citizens. The Central Committee of the Communist Party of China and the State Council, or China's Cabinet, jointly endorsed and issued the Gu...
A recovery in China, fueled largely by the country's huge economic stimulus package, is likely to begin this year and take full hold in 2010, the World Bank (WB) said Tuesday in its mid-year report. The report, focusing on economic development of East Asia, forecast that real gross domestic product (GDP) growth in developing East Asia will reach only 5...
Sea Asia 2009: Opportunities in a Crisis – Region’s iconic event bucks economic downturn, increases 60% in size That is what the Chinese would say in the challenging times we face today: there are opportunities to be found in a crisis. Accordingly, this month, Sea Asia 2009 will show Singapore and the maritime world that such opportunit...
The import and export of electronic and information products in China went down 30.3 percent year on year in the first two months, data released by the Ministry of Industry and Information Technology showed on Friday. The combined import and export value was 87.61 billion U.S. dollars through January to February. In breakdown, export fell 26.1 percent f...
Simon Galpin was appointed Director General of Hong Kong Investment Promotion with effect from April 9, a government press release said on Friday. The appointment was confirmed following an open-and-in-service recruitment exercise, according to the press release from the Information Services Department of Hong Kong Special Administrative Region government...
The Chinese government gave the nod to shareholding reform and mergers of publishing houses, which are normally state owned. It "encouraged and supported" all investors, especially state-owned enterprises, to take part in restructuring publishing houses into joint-stock companies, said the circular made public Monday by the General Admin...
Los Angeles Mayor Antonio Villaraigosa said Monday that he wants city workers to consider cutting their working hours to help avert the loss of hundreds of jobs. At a news conference at the City Hall, Villaraigosa also proposed that city employees pay more toward their retirement benefits to help lessen the city's financial burden. Recession-battered L...
Port of Tallinn is the biggest port authority in Estonia and as far as both cargo and passenger traffic are taken into account, the biggest port on the shores of the Baltic Sea.
Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi
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