Singapore Wants to Double Manufacturing
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Singapore says it hopes to double manufacturing output in 15 years even as regional competition heats up from lower-cost rivals such as fast-growing China and India.
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Singapore's economy is poised to meet its upgraded 2006 growth targets of 6.5 to 7.5 percent after gross domestic product (GDP) surged beyond expectations in the first half.
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Chipmaker ST Microelectronics is doubling its Indian workforce to 3,000 and making the country a centre for R&D.
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SINGAPORE Southeast Asian trade ministers moved ahead over the weekend with plans to fuse their region into a European-style community hefty enough to compete with China and India, setting timetables for free-trade talks with Japan, South Korea, Australia
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Singapore is set to spend two billion dollars (1.41 billion US) to increase its port's annual capacity by about 40 percent, a newspaper reported Saturday.
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Honda is planning to open car factories across the world to meet fast-growing demand outside Japan.
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SINGAPORE intends to promote Islamic banking products to expand its reputation as a financial hub, and will collaborate with countries such as Malaysia and Brunei in this area.
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It's looking to grow through franchising abroad. First stops: Singapore and Malaysia.
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Ford Motor Co  said on Tuesday it plans to invest $500 million in India to double manufacturing capacity by 2010 and make a small car and engines to compete more effectively in the fast-growing market.
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Singapore, keen to boost its medical science sector, will open its second medical school in 2007 in an alliance with Duke University of the United States, Singapore media reported on Monday.
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SHANGHAI: Semiconductor Ma-nufacturing International Corp., Chinaâs top chip maker, said it aims to hike capacity by about half by the end of 2005 to feed an anticipated sales leap in a $30 billion market.
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Japanese automaker Honda says it plans to meet growing demand in China by boosting production at one of its two car-assembly plants there.
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HONG KONG (Dow Jones)--Hong Kong-based New Star International Investment Products (Asia) Ltd. is all set to expand its operations to Taiwan and Singapore next
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Sharp is planning to double production of solar electricity modules at a factory in Wales, it said Friday.
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International operations have to be high on the company's list as it seeks to improve its performance.
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Shanghai Automotive Industry Corp. and Nanjing Automobile Corp., said they will combine their production assets in hopes of creating a globally competitive firm.
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Singapore wants Thailand to clarify remarks made by its junta leader that he plans to take back control of satellites run by a firm sold to the city-state's Temasek Holdings, the foreign ministry said.