From http://www.expansion.com/2011/03/09/catalunya/1299661122.html (in Spanish)
Catalan clothing company Mango has reinforced its presence in Chinese market by opening a corporate office in Shanghai. It will initially be run by a mixed staff of 50 people from both countries. The company aims at opening 60 new shops during 2011, which will add to the 77 that already opened only in 2010. Annual sales worlwide in 2010 reached 1,44 billion euros, thanks to the existing network of more than 1,300 shops in 95 countries.
Thursday, March 10, 2011
Thursday, March 3, 2011
Pharmaceutical Catalan group Uriach enters Chinese market
From http://www.expansion.com/2011/02/17/catalunya/1297978427.html (in Spanish)
Pharmaceutical Catalan group Uriach has decided to enter the Chinese market through an alliance with a local partner which has not been disclosed. With this agreement, Uriach will have its first facilities abroad, which will add to those existing in Palau-solità i Plegamans and Sant Fost de Campsentelles. Another pharmaceutical company with a local Chinese partner is Esteve, which opened his second production plant in October 2010.
Pharmaceutical Catalan group Uriach has decided to enter the Chinese market through an alliance with a local partner which has not been disclosed. With this agreement, Uriach will have its first facilities abroad, which will add to those existing in Palau-solità i Plegamans and Sant Fost de Campsentelles. Another pharmaceutical company with a local Chinese partner is Esteve, which opened his second production plant in October 2010.
Wednesday, March 2, 2011
Unemployment increases in Catalonia in February
From http://www.catalannewsagency.com/news/business/unemployment-list-increases-13000-people-february-catalonia (in English)
Bad news about employment in Catalonia. 13,000 people lost their jobs during February, which represents an increase of 2.2% as compared to January. Total figure of unemployed people in Catalonia is currently slightly over 600,000 people.
Bad news about employment in Catalonia. 13,000 people lost their jobs during February, which represents an increase of 2.2% as compared to January. Total figure of unemployed people in Catalonia is currently slightly over 600,000 people.
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.
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)[/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.
[caption id="" align="aligncenter" width="440"]
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.
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.
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.
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