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Warehouse operator GLP launches USD2 bn China logistics fund

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11-Sep-18 GLP, Asia’s largest warehouse operator, has launched a USD2 bn China fund in partnership with Singapore sovereign wealth fund GIC, as it continues to tap into the growing demand for warehousing fuelled by a boom in e-commerce. [image: South China Morning Post]

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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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Crocs to close last manufacturing plants, in Mexico and Italy

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09-Aug-18 Crocs has announced it is closing the last of its manufacturing sites, which is in Italy, having already closed its Mexico site in Q2. But the footwear company asserted that it was not going out of business. [image: Michael Brochstein / SOPA Images / LightRocket / Getty Images]

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Apple launches USD300 mn clean energy fund in China

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13-Jul-18 Apple has launched a new clean energy fund in China, aimed at providing enough energy to power almost one million homes. The tech giant and 10 partners will jointly invest USD300 mn to connect suppliers with renewable energy sources. [image: Apple Newsroom]

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