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Japanese Chief Cabinet Secretary Yukio Edano on Tuesday maintained that the country's economic capabilities are still intact, despite that a triple blow of disasters including the latest nuclear crisis in Fukushima Prefecture seem to escalate. "The earthquake and tsunami severely damaged the Japanese economy, but our economic power and technical capabili...
Last weekend was a worrying time for Liu Jun, the president of a major software-outsourcing provider in China. On Sunday, the company's staff were summoned to respond to Friday's massive earthquake and tsunami in Japan. "We have been gearing up to contact our employees in Japan," said Liu Jun, who heads Dalian Hi-Think Computer Technology Corp, whic...
Taobao.com, China's leading B2C (business-to-consumer) website, announced on Monday that it will launch a major campaign to stop online piracy and counterfeiting. The move comes after the site was labeled as a "notorious market" by selling products that violate intellectual copyright protection. The campaign, according to the website, will be joined by 8...
General Electric Co (GE) will build on last year's earnings rebound with new products in energy, health care and aviation, while expanding in growing markets such as China and India, Chief Executive Officer Jeffrey Immelt said. "We see signs of economic strength every day," Immelt said in his annual letter to investors, which was formally released on Mon...
As Venezuelan President Hugo Chavez plans to visit Colombia in the coming weeks for the full restoration of bilateral relations, trade in the border areas remains stuck seven months after Caracas briefly broke off diplomatic ties with Bogota in a row. The strongest impact of the decline in trade has been felt in the northeastern city of Cucuta, where abou...
A business meeting of visiting entrepreneurs of China's Anhui province and Myanmar's was held at the Sedona Hotel here Monday to seek business cooperation between the Chinese province and Myanmar. Sponsored by the Bureau of Commerce of Anhui Province of China and co-organized by Economic and Commercial Counselor's Office of the Chinese Embassy and the ...
DESPITE recent stellar performances from the air cargo industry, there are widespread fears that harder times lie ahead of those engaged in the China trade. "There is a capacity issue," CargoItalia commercial director Roberto Gilardoni told Hong Kong's Air Freight Asia 2011 conference. "The number of charters into the market is huge." "We predicted mo...
THE Port of Rotterdam, having handled more than 40 per cent more containers than Hamburg in direct trade with Russia last year at 405,000 TEU, has now closed the gap between itself and its big rival. Since 2007, Rotterdam's trade with Russia spiked in 2008 and caught up from its 40 to 50 per cent gap with Hamburg despite predicted growth in autumn along ...
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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