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Dubai wealth fund ICD launches new logistics firm

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 Insights

05-Sep-18 ISS Global Forwarding has been set up by Investment Corporation of Dubai, and will invest in the Middle East, Africa, Europe and India, later expanding to Asia and China. The company will focus on freight forwarding and contract logistics. [image: Arabian Business]

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China’s investment in Cambodian infrastructure totals USD2 bn

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24-Aug-18 Work has been completed on 2,000 kilometres of new roads, seven major bridges and a container terminal servicing the Phnom Penh Autonomous Port in Cambodia. All these initiatives have largely been backed by the Chinese Belt and Road Initiative. [image: Shutterstock_HKTDC]

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Singapore-Sichuan hi-tech innovation park taking shape

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17-Aug-18 A major hi-tech business park in Chengdu, China, jointly developed by Singapore, is set to welcome its first batch of SMEs by early 2019. 34 ICT and life science companies have acquired for regional headquarters and R&D facilities. [image: Sino-Singapore (Chengdu) Innovation Park Development Company]

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Toyota to increase production capacity in China by 20%

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17-Aug-18 Toyota will build additional capacity at its plant in Guangzhou, China, by 24 percent or 120,000 vehicles a year, in addition to increasing production in Tianjin by the same volume. The additional capacity is partly for electric vehicles. [image: Reuters / Aly Song]

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Geely beats Nissan, Honda and Toyota in China

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16-Aug-18 Geely Automobiles has surpassed its top three Japanese rivals to become the third-largest carmaker in China, following a 54% jump in net income for the six months through Jun-18, helped by models that appeal to the nation’s young consumers. [image: Andrey Rudakov / Bloomberg]

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