Welcome Friday, September 03, 2010
Global Sourcing News
Gold imports to India surge
Gold imports to India are set to recover to 2009 levels "as early as this month", on the back of strong demand for bullion, the World Gold Council predicts.
Singapore crowned world's largest container port
Falling volumes of freight could not prevent the port of Singapore retaining its crown as the largest container shipping port in the world, according to new research.
09:42, 26 Aug, 2010
Analysis: The impact of airline alliances
The airline industry is in a state of flux. Delta and Northwest have merged and Continental and United are following suit; British Airways, American Airlines and Iberia have finally got the go-ahead to ratify their marriage and airline alliances are entering their second decade. What does all this mean for procurement and travellers?
09:53, 24 Aug, 2010
Markets bet on wheat and corn price hikes
Fuelled by expected demand spikes for commodities including corn and wheat, a newly compiled index of futures contracts tracking net positions surged 2.6% to 1.18 million lots last week - the highest level since April 2008, according to Bloomberg.
09:42, 24 Aug, 2010
Southeast-Asian "common market" to eclipse China
China's position as the world's manufacturing power house could be eclipsed by a "common market" of Southeast Asian nations by 2015, experts predict.
09:21, 24 Aug, 2010
Coffee and sugar markets surge
Coffee and sugar prices have jumped to new highs on the back of a recent run of commodities speculation.
08:52, 23 Aug, 2010
Strong animal feed sales fuel doubling of profits for Cargill
Cargill, one of the world's largest agricultural commodity processors, has reported strong profit growth fuelled by improved sales of animal feed.
10:12, 19 Aug, 2010
Toshiba targets $11.6bn foreign procurement savings
Japanese electronics giant Toshiba has unveiled ambitious plans to slash to cost of procuring components by one trillion yen ($11.6bn) over three years. The strategy centres on better use of overseas suppliers, according to media reports.
09:11, 16 Aug, 2010
Oil and gas companies ramp up pipeline building
Oil and gas producers are ramping up the rate at which they construct pipelines to transport their fuels to market, according to new research.
10:08, 12 Aug, 2010
Chinese government boosts domestic battery manufacturers
China-based battery manufacturers and suppliers are set to benefit from government moves promote domestic lithium battery development among domestic manufactuers, experts predict.
09:51, 12 Aug, 2010
