Asia Business News

Tender and Business News

Chengdu Hi-Tech Zone Puts Invests Big to Build the 'Silicon Valley of Western China'

Chengdu Hi-Tech Zone, which is billed by many as the upcoming "Silicon Valley of western China", recently announced its intent to put a much bigger push behind its efforts to recruit high end talent. Its new plans show that by the end of 2020 it will have spent RMB 5 billion (around USD $730 million) to bring in some of the best people from around the globe.

First Global Dialog on Happiness Held February 11 in Dubai

According to the World Health Organization, depression is already rapidly climbing its way into the ranks of the top three biggest diseases in the next 15 years. That's the reasoning behind holding the first Global Dialog on Happiness in Dubai on February 11, in which Governments were urged to follow Bhutan's visionary example of prioritizing citizen happiness as public policy.

Indigenous Peoples Look Over The Vast Majority of The World's Biodiversity

The indigenous peoples of the world live in some 70 countries around the world. The biggest concentration of these are in the Asia-Pacific region, with 70 percent of the total of these self-identified peoples, each of which has its own language and culture. These people also happen to be the caretakers for over 80% of the world's biodiversity.

Nokia's High Speed Broadband to be Distributed by EneCom in Japan

Nokia recently landed Energia Communications (EneCom) as its first Japanese customer for its next generation fixed ultra-broadband access technology,, That arrangement was just expanded to have EneCom signed on as a major distributor for the same technology, to make it available nationwide in Japan.

Evolving Systems Signs Major SE Asia Telecom for Customer Service S/W

Colorado-based Evolving Systems Inc., a major global provider of real-time analytics, activation and consumer lifecycle marketing for connected mobile devices, just signed a multi-year agreement to provide its Customer Acquisition, Activation and Upsell Managed Service to a major Southeast Asia wireless carrier.

Osborn Elliott Prize for Excellence in Journalism on Asia Seeks Nominees

The Osborn Elliott Prize for Excellence in Journalism on Asia, a $10,000 prize, is given every year to a reporter or team of reporters who has produced the best example of journalism about Asia during the calendar year. Its sponsor, Asia Society, is requesting nominations for this year's award.

Three New Eco-Friendly Ventures Launch in Guian New Area

Three new 'green' ventures have launched in Guian New Area, in China's southwest Guizhou province, with a focus on the New Energy Vehicle (NEV) industry. They Include the FDG Electric Automobile Industrial Park, Hyundai Motor Big Data Center, and The Studio, a UK-supported advanced startup accelerator.

Hitachi Challenges Its MHI JV Transfer Pricing on South Africa Boiler Project

Hitachi has been in negotiations with its Mitsubishi Heavy Industries, Ltd. joint venture, Mitsubishi Hitachi Power Systems, Ltd. (MHI), over transfer pricing questions for its boiler construction project in South Africa. As of this point, MHI has asked for an increase in payments which Hitachi is currently refusing to pay. Implications on the still in-process boiler project are unknown.

Digital Journalism World 2017 to Cover Global Digital Disruption and Strategies

Digital Journalism World 2017, to be held February 27-28 in Singapore, will feature digital strategists on the changing role of news media in Asia and the world. Representatives from CNN, The Atlantic, Hong Kong's Stakk Factory, The Splice Newswroom, the New York Times, Financial Times, BBC News and India's are just some of the attendees.

Hong Kong Brings Eco-Fashion to Major Copenhagen Exhibition

An unusual outreach by the Hong Kong Trade Development Council (HKTDC) brought an eco-oriented fashion appearance from four leading Hong Kong designers to the Copenhagen Fashion Week (AW17) and the Copenhagen International Fashion Fair (CIFF) from January 31 to February 3.

Cinemo Selected for DENSO Automotive Head Unit Project

Cinemo GmbH, a privately held German developer of high performance multimedia playback, streaming, media management and connectivity middleware for the automotive market, was just selected by DENSO of Japan for integration into DENSO's new automotive Head Unit Project.

Honda and Hitachi Sign MOU to Create Electric Vehicle Motor JV Company

Another automotive strategic partnership has just appeared in Japan. This time it's Hitachi Automotive Systems, Ltd. and Honda Motor Co., Ltd., who have just signed a preliminary agreement with the aim to create a joint venture company focused on the manfuacture and sales of electric vehicle motors.

BDO Unibank to Raise US $1.2B In Largest Ever Stock Rights Offer in the Philippines

BDO Unibank, Inc. (BDO) of the Philippines just released the largest ever stock-rights offering of any bank yet in the Philippines. The offering, constructed and principally advised by Milbank, Tweed, Hadley & McCloy LLP, headquartered in New York City, with support from Citigroup, Goldman Sachs and HSBC as joint bookrunners, plans to raise US $1.2 billion.

PPG Industries Buys Futian Xinshi

PPG Industries, a paints and coatings giant based in Pennsylvania, has purchased Chinese automotive refinish coatings company Futian Xinshi.

Gamesa Opens New Factory in India

Gamesa Corporacion Tecnologica, a Spanish manufacturer of wind turbines, has launched a new factory in Andhra Pradesh, India, one of the fastest-growing wind power producing regions in the country.

Toyota and Suzuki Sign Major Business Cooperation Agreement

Toyota Motor Corporation and Suzuki Motor Corporation just signed off on an agreement to look at the many ways their companies could work together. Among them: technologies regarding the environment, safety, and IT, and mutual supply of products and components.

AfiLab Milk Analysis Tech Predicts Dairy Cow Production Better than DHIA Tests

Israel's Afimilk, a company helping dairy farmers with milk yields and herd management, just completed a two-year test of 37,486 Holstein cows over a two-year period. The conclusion: using their detailed lab tools analyzing milk, fat and protein production is significantly more accurate in producing a cow's future lactation than traditional DHIA tests.