Japanese industrial production rose 2.2%

Japanese industrial production rose and the unemployment rate fell in December for a suggested continuation of the recovery. Manufacturing production rose 2.2% from the previous month, less than economists projected. Ministry of Trade reported the unemployment rate fell to 5.1% from 5.2% previously. Although the production of the rise and fall of unemployment to reduce [...]

Minister of Industry: We're hard to compete with China Textile

Minister of Industry Mohamad S Hidayat, Indonesian textile products admitted difficult to compete with China’s products cheap. Therefore, the necessary steps to break the ongoing national textile industry can produce efficiently in order to increase competitiveness. “We are hard to rival products (textiles) China, especially in terms of relatively low prices,” he said at the [...]

China-India Increase The Investment

BEIJING – China yesterday called for the strengthening of cooperation of trade and investment with India. Partnership between the two most populous countries in the world are showing solidity of economic power of each country. “The scale and level of bilateral trade cooperation be sufficient to describe the size of two economies. This is the [...]

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Asian Face Golden Opportunity

TAIPEI – Financial institutions in Asia face a golden opportunity after the global weakening of making the Western countries shaken. These potentials should be utilized well. Deputy Commissioner of Government of Singapore Investment Corporation (GIC), Tony Tan said, companies in Asia have better conditions than its competitors in Western countries. Asian companies will be the [...]

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Highest China Farmer Income Records

BEIJING – The average annual income of farmers in China was recorded at 5000 yuan (USD732) this year due to increased demand for migrant workers who send a lot of money to be sent back to the countryside. Reporting from the AFP, Tuesday (29/12/2009), per capita net income of farmers rose more than six percent [...]