Manufacturing, which accounts for about a quarter of the economy, climbed 9% in December from a year earlier after a revised 40.5% increase in November, the Economic Development Board said in a statement today. The median estimate of 12 economists surveyed by Bloomberg News was for a 16.8% gain. Production grew 29.7% in 2010.
Bad news for Reality Stans who’ve had all they can stand of The Kardashian Clan: The celebrity twosome known as Khlomar are bringing their snap-happy love story to the small screen — sans their famous family — in the latest spinoff of the E! reality smash Keeping Up With The Kardashians. On Wednesday, the network [...]
Panasonic has announced that the production in Serbia should start on January 10, 2011.
The Japanese company established a new company in Svilajnac, central Serbia, in November to manufacture energy-efficient electronic devices for lighting equipment.
One of the lead actresses in Broadway’s troubled mega-musical Spider-Man: Turn Off the Dark is leaving the production on the heels of a barrage of cast injuries and cashflow troubles for The Great White Way’s priciest show. Descent actress Natalie Mendoza, who suffered a concussion during the musical’s first preview performance last month, is hammering [...]
The military production part of the Sloboda factory in ÄŒaÄak has been hit with a series of explosions; it has been confirmed that no one was injured. MUP Emergency Situations Sector chief Predrag Marić said earlier today that the first explosion happened at around 16:30 CET in an isolated storage facility and that “most likely there have been no casualties”.
Apple’s production of the next-generation iPad will exceed that of the current tablet, according to a new DigiTimes report. – Riding high on the iPad’s sales success, Apple is reportedly ramping up a
high rate of production for its next-generation tablet, according to DigiTimes.
quot;Apple’s orders of iPad 2 are expected to top six million units a month
compared to a volume of four million units a quarter for the cur…
“Deck the Halls with boughs of coughing! Fa-la-la-la-cough!” Production was halted on the set of FOX’s Emmy-nominated TV musical Glee after the hallow halls of McKinley High was invaded by a tonsillitis outbreak. The cast and crew were in the middle of shooting their big Super Bowl episode when several members of the Glee cast [...]
Straits Asia Resources (AJ1.SG) flat at $2.55, after last week’s run-up to a $2.80 52-week high. The recent weakness was triggered partly by concerns the Indonesia-based coal miner may again face delays in getting regulatory approval to work on a new area in its Sebuku mine.
Mainboard-listed China Paper Holdings, the vertically-integrated mixed pulp paper and paper chemical products manufacturer, says it will invest in the construction of a new paper stationery production facility.
China Paper says unit Biosuccess Limited has established a wholly-owned subsidiary, Linyi San Xin Paper Products Company, for the investment.
Panasonic consumer electronics maker will start production in its new plant in the Serbian town of Svilajnac in early 2011. This is according to Deputy Municipal President Predrag Milanović, who also stated that the Japanese multinational company’s local plant will employ first workers as soon as in early December.
Japan’s big companies are shipping production abroad
TO SEE the future of Japanese business, says a board member of one of the country’s biggest firms, look at the toy industry. Decades ago Japanese companies produced heaps of cheap, plastic playthings. As China took over that market, Japan moved on to Nintendos. The idea is that Japan Inc can shift its low-end production abroad while pursuing sophisticated manufacturing at home.
Japanese firms do 30% of their manufacturing overseas—twice as much as in the early 1990s. Toshiba’s foreign-made share has grown from 52% to 56% in the past year alone. Fuji Xerox and Yamaha Motor boast levels of 80% and 94% respectively. As the yen hits 15-year highs on a nominal basis, there is more pressure to ship operations abroad. “We want to keep domestic production,” sighed Satoshi Ozawa, Toyota’s chief financial officer, this month. “But we are quickly losing competitiveness.” The carmaker already produces 58% of its vehicles abroad. …
Many companies today need to control costs while increasing sales to maintain a competitive edge. For companies that depend on manufactured parts or goods, this translates into an imperative to streamline production and increase their plant floor’s effectiveness. Here, Knowledge Center contributor Alan MacLamroc explains how to increase your manufacturing efficiencies by using the agile and lean development methodologies together. – Many businesses today seek to control costs, streamline production and increase plant floor effectiveness. Achieving these goals is possible, though businesses can take radically different approaches to get there.
There are two distinct development methodologies that offer generally accepted ways t…
Sony quietly ends production of its once-iconic Walkman cassette player in Japan, after 30 years in play. – After 30 years in production, the once-ubiquitous Walkman cassette tape
player is going the way of the dinosaur and floppy disks at least in Japan,
according to manufacturer Sony. The company said its April shipment of players
would be the last for the Japanese market, though the devices will sti…
China Animal Healthcare says the company’s subsidiary, Biwei Antai, has received regulatory approvals from China’s Ministry of Agriculture (MOA) to start commercial production and sale of its Foot-and-Mouth Disease (FMD) vaccines. The administrative issuance of the relevant drug numbers by the MOA is expected to follow in due course. With the receipt of such approvals, China Animal Healthcare will be able to participate in tenders for the purchase of such vaccines which are called by regional government animal disease control centres in China.
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A new assembly line is being installed at the Kragujevac car plant, it has been announced. The completion will enable the beginning of a pilot production of a new Fiat vehicle in the Spring of next year, and the regular production as of Spring 2012, Fiat Automobiles Serbia Executive Board Chairman Giovanni de Filippis said at a meeting on strategic partnership between Serbia and Italy on Wednesday.
Mainboard-listed Ziwo Holdings, the China-based raw material producer of import substitution products, today announced that it plans to invest around RMB123.8 million ($24 million) to expand its production facilities to meet rising demand for its products.
Ziwo says the investment will be funded using the group’s internally generated funds and/or, if required, loans from financial institutions.
