Haier signs MOU to acquire some Sanyo operations

Haier signs MOU to acquire some Sanyo operations

Haier Group Corporation and Sanyo Electric today signed a Memorandum of Understanding (MOU) setting out the terms regarding Haier’s intention to acquire Sanyo’s refrigerator, washing machine and other consumer electric appliancesbusiness in Japan, Indonesia, Malaysia, the Philippines and Vietnam.
Purse strings set to loosen in 2011

Purse strings set to loosen in 2011

Ralf Matthaes, Taylor Nelson Sofres (TNS) regional managing director for Vietnam and Malaysia, provides a unique insight into Vietnamese consumer spending trends in 2011.
Dining and entertainment tops purchasing priorities

Dining and entertainment tops purchasing priorities

Asia/Pacific may have cuisines that are as disparate as the region’s geography and culture, but consumers across the region expect dining and entertainment to be their top spending priority for the next six months.

Firms confident to ride out CPI fears

A high consumer price index could hurt enterprises in the short-term, but is unlikely to affect their long-term business activities. Figures released by the General Statistics Office indicated that the consumer price index (CPI) slid out of control this year with an increase of 9.45 per cent in the first 11 months.
CPI wriggles free of control measures

CPI wriggles free of control measures

The consumer price index continues to rise dramatically despite concerted government efforts to bring it under control. The General Statistics Office (GSO) last week revealed that the consumer price index (CPI) in October had increased 0.74 per cent.
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