Australia: Scott Driscoll, National President of a peak industry body, the United Retail Federation, has backed the calls by federal independent MP Bob Katter for the Coles-Woolworths duopoly to have it’s dominance reigned in for the sake of Australian consumers, farmers and producers.
“Australia has some of the highest rates of food inflation in the entire [...]

Australia: Australian companies with offshore operations have nothing to fear from Printing Industries Print in Australia campaign.
The campaign which is in the early stages of development is not intended to name and shame Australian printing companies; the primary target of the campaign is printing industry clients who bypass Australian printing companies in favour of offshore [...]

WASHINGTON, D.C: The National Association of Manufacturers (NAM) President and CEO John Engler issued the following statement on Whirlpool’s announcement that it will build a new approximately 1-million-square-foot manufacturing facility in Cleveland, Tenn.:
“Whirlpool’s decision to expand its operations and build a new state-of-the-art facility to produce premium cooking appliances is encouraging news for manufacturing. The [...]

WASHINGTON, DC: The National Association of Manufacturers (NAM) released its annual economic report entitled “Labor Day 2010: The Impact of Anti-Labor Policies on Working Men and Women.” This year’s report focuses on the uncertainty facing manufacturers and examines specific legislation, laws and regulations that will have a detrimental impact on the economy.
“The most concerning fact [...]

Australia: The services sector was sluggish in August with the gradual withdrawal of fiscal stimulus and the uncertainty surrounding the national political landscape continuing to impact on demand. The latest seasonally adjusted Australian Industry Group/Commonwealth Bank Australian Performance of Services Index (Australian PSI®) rose slightly to 47.5 in August remaining below the critical 50 point [...]

Australia: “Ai Group welcomes new initiatives by the Queensland government to channel investments into infrastructure projects and skills development,” Ai Group Queensland Director Matthew Martyn-Jones said.
“The plans outlined in the Connecting SEQ 2031: A South East Queensland Integrated Regional Transport Plan (IRTP), are important for the long-term interests of the $224 billion Queensland economy.
“Queensland businesses, [...]

Australia: Scott Driscoll, National President of the United Retail Federation, a peak national industry body representing the retail sector has said the latest ABS Retail Trade Figures, showing that retail sales were up 0.7%, was a “small reprieve” as retailers are forced to contend with continued uncertainty.
The latest Retail Trade figures, a Main Economic Indicator [...]

India: Pension Fund Regulatory Development Authority (PFRDA) will shortly link ‘National Pension Scheme (NPS)’, with employment guarantee programme like ‘MNREGA (Mahatama Gandhi National Rural Employment Gurantee Act)’ to ensure that each of its beneficiary becomes entitled to pension facilites under NPS, says PFRDA, Executive Director, Mr. P.K. Tiwari.
Delivering his keynote address at ASSOCHAM organized “6th [...]

Zu Cowperthwaite joined Hermes Fund Managers in Boston as a portfolio manager on the firm’s global equities team, confirmed John Chisholm, an institutional portfolio manager with the firm.
Her post, responsible for stock selection in the global consumer sector, is new. She becomes the global equities team’s eighth member.
Ms. Cowperthwaite was co-portfolio manager of a Loomis [...]

Zhejiang Litian Group signed an agreement with Wensu local government in August 12th to invest a 100,000 spindles line, 10 ring spinning lines, 300,000 sets of home textile lines and two weaving bags lines.
Zhejiang Litian Group is a large company invloving in home textile, fabrics manufacturing, plastics, printing and trade. Under this agreement, this project [...]