Friday, February 18, 2011

Ficosa will build a new factory in Shanghai

From http://www.expansion.com/2011/02/17/catalunya/1297935735.html?a=SOC40e8f35b7e7229840adc6f2ef4c4098f&t=1297976793 (in Spanish)

Ficosa, the multinational corporation devoted to the research, development, production and commercialisation of systems and parts for automobiles, has announced is going to build a new factory of 16,000 m2 near Shanghai. Investment has been evaluated in 14 million euros and the new plant will is expected to reach 1,000 workers, after the creation of 500 new jobs.  Ficosa's plans for expansion in China also include two new assembling factories in Beijing and Guangzhou, which are supposed to produce an income of 100 million euros by 2015.

Thursday, February 17, 2011

Top Catalan chef Santi Santamaria dies in Singapore

From http://www.catalannewsagency.com/news/life-style/catalan-chef-santi-santamaria-7-michelin-stars-dies-53 (in English)

[caption id="" align="aligncenter" width="440"]Santi Santamaría (Image from Adostiempos - Boletín de Cultura Gastronómica) Santi Santamaría (Image from Adostiempos - Boletín de Cultura Gastronómica)[/caption]

7-Michelin star Catalan chef Santi Santamaria died suddenly at 53 in his restuarant in Singapore, possibly by a heart attack. A passionate supporter of traditional catalan cuisine, he started his way to stardom in 1981 when he transformed his family restaurant in Sant Celoni into the today 3-Michelin star El Racó de Can Fabes. He also got 2 stars for his restaurant Santceloni (Madrid), 1 for Tierra (Toledo) and 1 for Evo (L'Hospitalet de Llobregat). He also recently opened a restaurant in Dubai called Ossiano, and the one in Singapore, Santi, where he found his death. In the recent years he had a bitter controversy with another stellar Catalan chef, Ferran Adrià, with whom he clashed because of their opposite cooking approach. All the well-known Catalan chefs, Adrià included, have mourned his untimely death. Adrià has also scheduled a tribute to Santamaria on February 21, 2010, in the Girona's Fòrum Gastronòmic.

Wednesday, February 9, 2011

Forecast of economic growth for Taiwan in 2011

From http://www.chinapost.com.tw/business/asia/singapore/2011/02/01/289856/Taiwan-raises.htm (in English)

Taiwan's Directorate General of Budget, Accounting and Statistics revised its former projection of economic growth for 2011 from 4.51% to 5.03%. This revision has been fostered by the sustained expansion of exports, which surged 11.1% from the previous year to reach a record high of US$305.1 billion.

Growth of Chinese economy in 2010 leads to increase in interest rates

From http://www.chinapost.com.tw/business/asia-china/2011/01/20/288422/Chinas-economy.htm and http://www.chinapost.com.tw/china/business/2011/02/09/290428/China-hikes.htm (in English)

Mainly due to investments in property, Chinese economy grew by 10.3% in year 2010. Experts worry about a potentially finantial bubble related to the property market, since a large portion of transactions are believed to be speculative. December inflation rate was 4.6%, which made the full year value reach 3.3%.

In order to prevent inflation from increasing to higher figures, in early February 2011 China's central bank has raised interest rates for the second time in just over a month, and for the third time since last October.

Saturday, February 5, 2011

Slight growth of Catalan economy in the last quarter of 2010

From http://www.catalannewsagency.com/news/business/catalan-economy-grows-02-4th-quarter-2010 (in English)

Compared to the third quarter of 2010, Catalan economy grew 0.2% in the fourth quarter of last year. If compared with the fourth quarter of 2009, the growth represents 0.8%, but the data for entire 2010 is 0.2% lower than that 0f 2009. Industrial activity in 2010 grew by 2.5% and is leading this slight recovery, but it is not actively creating jobs yet.