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April,  2013


Capturing the potential of India's auto industry
Its rapid growth may have stalled, but with a GDP of $1.6 trillion - the ninth largest in the world, India has emerged in recent years as one of the most interesting economies to watch India has been tipped to overtake China as the world’ (...)
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Competing in the China Truck Market - The Competitive Landscape
Unlike the passenger vehicles market, domestic brand manufacturers dominate the commercial truck sector in China.  Historically, the top China truck manufacturers started their MDT & HDT development from older generation platforms, which originat (...)
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Analyzing The Impact Of India’s Budget 2013
India’s Finance Minister P Chidambaram raised duties for SUVs and fully imported luxury cars in his Budget 2013, much to the chagrin of the automotive industry. Excise duties for utility vehicles (SUVs and MPVs) were increased from 27% to 30%, exclud (...)
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Japan Auto Giants to Give Workers a Bonus Boost
Japan's top automakers are set to give tens of thousands of employees an annual bonus bump as a weaker yen helped their bottom line while Tokyo presses firms to hike staff pay to lift the economy.Toyota, Japan's biggest car firm, said Wed (...)
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India Automotive Monthly: Executive Summary - March 2013
India’s Bigger Role In Ford’s Global Play.There is a change in Ford’s thinking. India is emerging as a critical hub to play an ever increasing role in Ford’s global strategy.A first major step in this direction will be the sta (...)
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China Automotive Monthly: Executive Summary - March 2013
Battery capacity is not the only Obstacle to the further promotion of Electric vehicles.In 2009, the energy-saving and new energy vehicle (NEV) promotion program was launched jointly by the Ministry of Science and Technology (MOST), the N (...)
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India: Small and medium Japanese auto-component makers to explore investments in TN
After a wave of large Japanese automotive companies, a bunch of small auto component makers from the country are set to make their way into Tamil Nadu.A delegation of Japanese auto component companies is in Tamil Nadu to explore investmen (...)
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China Auto Demand Strong to Start 2013
China auto sales above expectations. Even with February’s drop in sales (-9%) due to New Year comparisons, YTD results (+19%) are well above expectations. Production has likewise moved higher (+18%) to replenish inventories to support the sales bounc (...)
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US, European carmakers competing in Indonesia against Japanese giants
Western car manufacturers looking to boost sales overseas are finding Indonesia very attractive with its growing middle class, as well as the elites who are not shy in spending. Last year, the car market in Indonesia ballooned by 25% with a record 1. (...)
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South Korea Car Market down 11% in February while Importers are at 10% of share
In February 2013, the car market in South Korea posted a double digit decline, more than offsetting the good start scored in January. YTD sales were down 3.6%. BMW and Audi started the year with considerable share increase leading Importers attack at (...)
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India: Government issues norms for setting up manufacturing zones
The government has issued norms for setting up of manufacturing zones under the national manufacturing policy, giving them many benefits, including tax sops.Units located in the National Investment & Manufacturing Zones (NIMZs) will b (...)
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Cadence: U.S. lags China, India in semiconductor funding
“The China and India governments are making semiconductors a strategy industry, but I would hate to see those countries have the most semiconductor companies," said Lip-Bu Tan, the chief executive of Cadence Design Systems Inc.In a r (...)
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Study Shows Global CEOs Confident That ASEAN Economic Community Will Create Growth Opportunities
Research by the Economist Corporate Network (ECN) and sponsored by Baker & McKenzie suggests that global companies are optimistic about the opportunities that the ASEAN Economic Community will bring. Riding the ASEAN elephant: How bus (...)
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Experts on Emerging Asia Voice Strong Optimism for Economic Growth
A Senior Indian Government Minister Tells Business Leaders 'the Best Period Is Yet to Come' at Davos Panel Hosted by the Confederation of Indian Industry and The Boston Consulting GroupAmid today's gloomy headlines, are we experiencing th (...)
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Logistics game changers: Transforming India’s logistics industry
This report alongside, titled- ‘Logistics Game Changers – Transforming India’s logistics industry’, contains in depth analysis on the key initiatives and developments across six segments constituting the Indian logistics industry: Road, rail, air, po (...)
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Can Asia keep its youngest and brightest?
Asia may be one of the world’s most promising markets, but students are still not convinced.Of 4,300 global students, the majority would still chose New York, London and San Francisco as their career locations of choice, although Sydney, (...)
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Report says India could become the 5th largest manufacturing nation
According to a report by the Boston Consultancy Group, India could become the world’s fifth largest manufacturing nation by 2022.As the Economic Times reports, India is now the world’s ninth largest manufacturer, but the report says that (...)
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China scraps import duties for advanced components
China will drop import tariffs and import-related value-added taxes for a range of advanced components and raw materials for making sophisticated equipments, the Ministry of Finance (MOF) said Friday.Items that will enjoy tax exemption in (...)
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Thailand Manufacturing Investments Accelerate In 2013
While many global manufacturers have been using Thailand as a central base of operations to expand into Southeast Asia, their investments seem to be ramping up thanks in part to business-friendly incentives and steadily increasing demand for cars and (...)
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Asia Pacific plugs into renewable batteries
Growing interest in ’advanced batteries’ in the Asia Pacific region is being driven by the integration of various renewable energy sources.According to a recent report from Pike Research, the total capacity of advanced batteries for utili (...)
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Japan Issues Bid to Join Trans-Pacific Partnership
International Nameplate Auto Dealers Support Japan's Participation in TPP.Japanese Prime Minister Shinzo Abe today formally announced his country’s interest in participating in the Trans Pacific Partnership (TPP) free trade talks, now in (...)
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What’s Asia’s Bellwether Economy Saying?
Just when the Western World was worried about a serious double-dip recession, the unthinkable happened: Asia faltered. Rewind quickly to mid-2012, and the indicators for fast-growing behemoths China and India were tumbling, and with them, the fortune (...)
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Japan to lift restrictions on Taiwan-Tokyo flights
Taiwan’s Civil Aeronautics Administration (CAA) said that starting Sunday, Japan will no longer restrict the number of flights from Taiwan to Tokyo. Industry watchers believe this move will pave the way for cheaper plane tickets to Japan from low-cos (...)
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India: Advantage Vidarbha - An Emerging Business Destination
The theme paper is aimed at providing investors a brief overview of the investment potential within the region. In addition to highlighting the key positives of Vidarbha, the study identifies the improvement areas by undertaking a SWOT analysis for t (...)
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China's Supreme People's Court Issues New Guiding Opinion on Employment Disputes
In January 2013, the PRC Supreme People’s Court issued the long awaited Interpretation (IV) on Various Issues Concerning Application of Law in the Trial of Employment Disputes (“SPC IV”), which provides a certain amount of clarity on some hot-button (...)
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New Rules on Checking Bribery Records in China
The Supreme People’s Procuratorate issued new Rules on Queries on Bribery Records (“Bribery Record Rules” ), effective on February 6, 2013, which allow companies and individuals to request to see records of criminal investigations and convictions rel (...)
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Three Month Multiple-Entry Visas on Arrival to Vietnam No Longer Available
The Vietnamese Immigration Department (VID) has ceased to issue three-month, multiple-entry Business Visas on Arrival (BVOA). These visas are still available if applicants submit their applications at a Vietnamese Consulate overseas. At this time sin (...)
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Stricter Enforcement of Indian Immigration Laws
The Ministry of Home Affairs recently posted on its website a notification reminding Police Officers of their powers to take action against foreign nationals entering illegally in India.Police officers of the Sub-Inspector or higher rank (...)
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Asian Exports Stall, Dashing Hopes of Quick Recovery
With Europe still fighting to put its debt crisis behind it and economic outlook in the U.S. looking uncertain amid still high unemployment and political infighting, many analysts have been looking to China and the rest of Asia to drive the economy f (...)
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South Korea Feb manufacturing PMI hits 9-mth high
South Korea's manufacturing activity expanded in February at the strongest rate in nine months as new export orders rose by the sharpest pace since the second half of 2011, a private survey showed on Monday.The HSBC/Markit purchasing mana (...)
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China remains top for foreign investments: report
China remains the world's top destination for foreign investments as the country still holds many competitive edges, a latest research report revealed Wednesday.Steadily expanding domestic market, improving competition environment, techno (...)
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The Importance of Accent Reduction for Increased ROI
For global companies, communication is a critical competency that impacts talent acquisition, engagement, retention, and innovation. These, in turn, are factors that provide companies competitive advantages and determine market leadership. (...)
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Asia update: global headlines
Below are the latest articles from around the world featuring articles on Asia.Japanese Manufacturers' Confidence ImprovesSource: (...)
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China-EV Blog: ALTe hopes this China investor is the real thing to produce EVs
I admire John Thomas. The CEO of ALTe Powertrain Technologies www.altept.com refused to give up in his search for a Chinese investor and it seems he may have found one at last.  Plus, his company is in a sweet spot technology-wise where the China EV (...)
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