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Topic - Asia
Nov 24, 2015
As the global diamond industry sobers from a hangover of expected market growth that did not happen, Canadian producers are perhaps best positioned to weather the downturn, given the superiority of the country’s diamond projects. Since the global economic downturn of...
Nov 23, 2015
Trade and Industry Minister Dr Rob Davies expects the growth potential of the local business process outsourcing (BPO) industry to continue increasing over the next five years, particularly in contact centre, shared services centre and legal process outsourcing. He...
Nov 21, 2015
The global coal industry has contracted for the first time in 21 years, as slowing growth in certain significant markets weighed on the industry’s outlook, the US Energy Information Administration (EIA) has found. According to an EIA report, global trade of coal grew...
Nov 20, 2015
Investing in the correct, sustainable infrastructure in African cities like Johannesburg as well as in Asia over the coming decades is fundamental for ensuring prosperity, not only for the continent, but globally, Paul Clements-Hunt, CEO of The Blended Capital Group...
Nov 20, 2015
Transnet has reported that, in the six months ended September 30, 66 electric locomotives have been accepted onto the coal line.
Nov 19, 2015
The Northern Territory government has released a new oil and gas development strategy aimed at guiding the industry’s future. Chief Minister Adam Giles said on Wednesday that the strategy would set government on the right track to regulate this developing industry.
Nov 17, 2015
The KACO new energy Group expects 200 million Euro turnover in 2015. One thing is already clear: the inverter manufacturer has managed to almost double its 2014 turnover.   In what is a difficult environment for European manufacturers, the KACO new energy Group –...
Nov 16, 2015
Cartrack CEO Zak Calisto
Fleet management, stolen vehicle recovery and insurance telematics group Cartrack on Monday said it was looking at entering the US market with its fleet management offering. CEO Zak Calisto said the appointment of a management team from that country was likely to...
Nov 13, 2015
Nov 11, 2015
Nov 10, 2015
Nov 06, 2015
Nov 06, 2015
BEARINGS 2000 WAREHOUSE The components distributor expects a profitable 2016, thanks mostly to its developing business relations in West and East Africa.
Industrial supplies distributor Bearings 2000 will officially launch its new brand Synergy Power Transmission Components in South Africa in January 2016, says Bearings 2000 product manager for power transmission Marius Scheepers. Scheepers, who will head the...
Nov 06, 2015
MANY BENEFITS Plastic valves do not corrode, pit or rust internally and externally
Local flow and measurement specialist Instru-Serve in August began distributing a range of plastic valves, manufactured by piping systems manufacturer Georg Fischer, to the South African market.
Nov 06, 2015
Sharon Cho and Serene Cheong | Bloomberg Cheniere Energy plans to ship the first liquefied natural gas (LNG) cargo from the US in January, joining a flood of supplies that will allow buyers access to cargoes from all corners of the world.
Nov 04, 2015
Xavier Prevost
XMP Consulting coal analyst and Eskom consultant Xavier Prevost has again argued against the continued large-scale export of coal from South Africa, telling delegates at the Fossil Fuel Foundation’s third Electricity Conference, in Germiston, on Wednesday, that...
Nov 04, 2015
With the impact of the global economic challenges and an explosion of technology and digital media, there are some that question the on-going value and importance of exhibitions and face-to-face marketing. Exhibitor feedback and research surveys suggest otherwise,...
Nov 03, 2015
Australian oil and gas major Santos has received an offer from Malaysian listed Sona Petroleum to acquire its stake in the Stag oilfield, in the Carnarvon basin. Santos, which holds a 66.7% interest in the Stag project, and its partner Quadrant Energy, would be paid...
Nov 02, 2015
Dual-listed paper and packaging group Mondi will acquire 95% of the outstanding share capital in flexible packaging company KSP and related interests. KSP produced spouted and retort stand-up pouches for the food, pet food and beverage industries, with its main...
Nov 02, 2015
A Eurofighter Typhoon of the British Royal Air Force (foreground) intercepts an Il-20 intelligence-gathering aircraft of the Russian Air Force over the Baltic Sea
The changing and deteriorating international situation is having a clear impact on European defence enterprise Airbus Defence and Space, company military aircraft sales head Antonio Rodriguez Barberan reported at its recent Trade Media Briefing (TMB). "There are...
Oct 30, 2015
Fuso Trucks Southern Africa (FTSA) has imported its first truck model from India, with more to follow. Locally, FTSA forms part of Daimler Trucks South Africa, which is part of Mercedes-Benz South Africa (MBSA), with the company also a division of the global Daimler...
Oct 30, 2015
Small South African defence company Twiga Services has recently started sea trials with its latest product, an 8.5 m long military patrol boat. Manufactured out of high density polyethylene (better known as HDPE) it is designated the Rugged 850 Military Patrol Boat...
Oct 30, 2015
Over the years, I have been to quite a few defence technology and industry conferences in South Africa. Invariably, they include lots of fascinating presentations and show just how impressive and high-tech the South African defence industry is. It certain areas,...
Oct 29, 2015
The world’s largest supplier of the crop nutrients by volume, Potash Corporation of Saskatchewan, will shutter its operations and cut output as margins for all three of its main products have fallen, sending its NYSE-quoted stock falling as much as 4.3% in early...
Oct 29, 2015
An Indian consortium has scrapped plans for a $770-million liquefied natural gas (LNG) terminal in the southern Indian port town of Mangalore, balking at the low capacity use of a similar existing terminal in close proximity. The consortium, comprising oil marketer...
Oct 27, 2015
Yokogawa announces that it will be releasing an enhanced version of the ProSafe®-RS safety instrumented system on November 27. This new version, R4.01, features an exciting expansion of Yokogawa’s lineup of I/O devices and introduces crucial new SIS components. In...
Oct 23, 2015
Zero emission proton-exchange-membrane fuel cells manufacturer Ballard Power Systems signed a joint development and supply agreement last month to develop and commercialise a fuel cell engine specifically designed for integration into low-floor trams manufactured by...
Oct 22, 2015
Focus on improving farm management and exploring high-yield farming methods have never been more important for smallholder farmers than at present, says FNB Agriculture information and marketing head Dawie Maree. In a statement released on Thursday, he stressed that...
Oct 21, 2015
South Africa’s crude steel production rallied 24.5% year-on-year to 625 000 t in September, bucking a global trend that saw global crude steel production for the 66 countries reporting to the World Steel Association (worldsteel) dipping 3.7% to 131-million tons....
Oct 20, 2015
Ingeteam, an independent supplier of electrical conversion equipment, has announced today that it reached the milestone of 30 gigawatts of installed wind power capacity worldwide. The company hit this important mark after the commissioning of power converters...
Oct 20, 2015
Asia-focused miner Besra will file for financial restructuring under Canadian law after considering all available alternatives to “decisively” deal with its cost and debt structure and to narrow its strategic focus in an effective and timely manner. The company on...
Oct 19, 2015
The FA 9-137
Fuso Trucks Southern Africa (FTSA) has imported its first truck model from India, with more to follow. Locally, FTSA forms part of Daimler Trucks South Africa, which is part of Mercedes-Benz South Africa (MBSA), with the company also a division of the global Daimler...
Oct 19, 2015
Seifsa CEO Kaizer Nyatsumba
The search for this year’s top-performing companies in the Southern African metals and engineering sector has officially started, with the Steel and Engineering Industries Federation of Southern Africa (Seifsa) on Monday inviting manufacturers operating in the sector...
Oct 16, 2015
Oil and gas major Santos has made the first shipment of liquefied natural gas (LNG) from the $18.5-billion Gladstone LNG project (GLNG). The cargo was bound for South Korea.
Oct 16, 2015
GEDORE TOOLS. GEDORE SA's manufactures over 1 200 products in its manufacturing plant in KZN
Since its established 50 years ago, tooling manufacturer Gedore South Africa (SA) has been hot forging and manufacturing quality hand tools, which come with a lifetime guarantee, having introduced hot forged, German-engineered hand tools into the South African...
Oct 15, 2015
Globalisation has ushered in major benefits for many countries, including in Africa, but the pervasiveness of the recent financial crisis has highlighted that economic inter-dependence does not come without risks. According to Standard Bank’s Commercial Banking...
Oct 09, 2015
It took all of 85 minutes and 31 seconds for Japan to inflict South Africa’s first loss in its opening game of the 2015 Rugby Union World Cup (RWC) – 34-32. Prior to the game, South Africa had played in 29 RWC matches, with 25 wins, or 86.2%, which is the highest...
Oct 07, 2015
The board of SABMiller has unanimously rejected a revised merger offer by global brewer Anheuser-Busch InBev (AB InBev) in which it valued the British–South African multinational brewing and beverage company at £42.15 a share, with a partial share alternative...
Oct 05, 2015
Canada's Prime Minister Stephen Harper speaks during a news conference on the TPP trade agreement, in Ottawa.
Canada on Monday became one of the 12 founders of the historic Trans-Pacific Partnership (TPP) free-trade agreement (FTA) that could ensure an increase in Canadian exports and investment to member countries, supporting jobs for Canadians at home and abroad. The TPP...
Oct 05, 2015
ASX-listed Pilbara Minerals has effectively completed a global sales network for its Pilgangoora spodumene-tantalite project, in Western Australia, with the signing on Monday of another memorandum of understanding (MoU) with an international raw materials trading...
Oct 02, 2015
LOCAL INITIATIVE A developed local supply chain could enable component manufacturers to buy more reliable and cost-effective subcomponents and materials, locally
South Africa’s light vehicle production has increased only marginally in the past five years – 533 000 units were produced in 2014 – with local content of automotive components also stagnating at a low 35%, compared with levels of more than 80% in countries such as...
Sep 30, 2015
Kevin Hustler, CEO of the Nelson Mandela Bay Business Chamber today handed over a commemorative 25 year plaque to Microcare Directors, Jimmy Catt and Nelius De Lange in honour of the 25 years of local Solar Component Manufacturing in Nelson Mandela Bay. Hustler: “The...
Sep 30, 2015
Coal miner New Hope Corporation will buy Rio Tinto’s 40% interest in the Bengalla thermal coal mine, in New South Wales, for A$865-million. Bengalla is the smallest of three coal mines in the Hunter Valley in which Rio holds an interest and produced some 8.6-million...
Sep 29, 2015
International technology group Siemens has placed the emerging growth markets of Africa, South America and Asia at the centre of its strategy to encourage the early adoption of automation and digitalisation in the beer brewing industry, contending that brewery...
Sep 28, 2015
Western Cape Minister of Economic Opportunities Alan Winde
A comparison between June 2014 and June 2015 shows that, with the exception of France, the number of tourists decreased for all the other nine leading overseas countries, according to data released by Statistics SA on Monday.  China had the largest decrease of 28.4%...
Sep 23, 2015
Spain-focused iron-ore project developer Iberian Metals has regained full control over the Cehegin iron-ore prospect, in the south-west of the country, after joint venture (JV) partner Glencore relinquished its 20% interest in the brownfield project. Calgary,...
Sep 23, 2015
Developing countries will struggle even to track their progress in implementing the 17 new global Sustainable Development Goals (SDGs) and their 169 targets, which world leaders will adopt at a summit at the UN in New York this weekend. Pope Francis is to open the...
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