Archive for March 2009

Giordano Made HKD311 Million Net Profit In 2008

Mar 31st, 2009 | By | Category: Clothing

The Hong Kong-listed casual apparel retailer Giordano International has published its annual financial report for 2008 and states that its revenue in 2008 increased by 6.3% to HKD4.71 billion while its net profit reached HKD311 million.



Metro To Open Its First Electronics Store In China In 2010

Mar 31st, 2009 | By | Category: Electronics

Dr. Eckhard Cordes, the CEO of the Germany business group Metro, has announced that the company will introduce Media Markt, an electronics store brand operated by Metro Group, into the Chinese market in 2010.



Drinks Americas Announces Plans To Acquire Global Beverages Asia

Mar 30th, 2009 | By | Category: Food & Beverage

Following the Chinese Ministry of Commerce rejection of Coca-Cola's application to acquire China Huiyuan Juice Group, Drinks Americas Holdings Ltd., an owner, developer and marketer of global premium beverages, has announced plans to acquire Global Beverages Asia Ltd. Global Beverages Asia is the new name for the combination of Yarraman Winery and Asia Distribution Solutions, [...]



Amid the £231 Million Lloyds Bank Penalty, Asia Pacific Entities Face Heightened Risk of U.S. Sanctions Enforcement

Mar 27th, 2009 | By | Category: Press Releases

Hong Kong, China (March 27, 2009) /ChinaNewswire.com/ — Senior legal and compliance executives from Credit Suisse, UBS, Deutsche Bank, Morgan Stanley, Baker Hughes, Norinco and J.P. Morgan will be discussing how to overcome heightened screening and sanctions compliance challenges at The C5 Group/American Conference Institute's Asia Forum on Economic Sanctions & OFAC Compliance, scheduled [...]



51MICE.com Launches Search Directory To Give China's Booming Corporate Travel Market A Chance To Compare The Best Chinese Offerings

Mar 27th, 2009 | By | Category: Press Releases

Hong Kong, China (March 27, 2009) /ChinaNewswire.com/ — Aimed at China's US$2 billion corporate travel market, 51MICE.com (http://www.51MICE.com) has launched its new beta search website that combines thousands of China's top corporate travel, hotel destinations, and convention venues with the latest deals and offerings to businesses sending their staff on travels around China.
MICE is [...]



Johnson & Johnson Baby Products Stay On The Shelf In China

Mar 27th, 2009 | By | Category: Food & Beverage

Johnson & Johnson China has held a press conference in Beijing, saying that tests by the company's quality department test show that Johnson & Johnson's baby products are safe, so there is no need to withdraw them from sale or recall them.