Many major brand owners are failing to adequately communicate the progress they have made in the area of sustainability to key stakeholders, a study has revealed.
Brandlogic, the consultancy, and CRD Analytics, the insights group, assessed 100 large corporations. The two firms tracked 141 metrics related to sustainability, governance and social responsibility, and also polled 2,500 executives, investors and students.
Halfway through the year, two major economic indicators in the Philippines were on the downtrend, prompting some analysts to say that these could adversely affect the country's forecast of a 5-6 percent growth in its gross domestic product (GDP) in 2012.
Beer production in the world's major producing nations rose 3.7 percent from a year earlier to 192.71 million kiloliters in 2011, a new high for the consecutive 27 years, due to robust demand particularly in emerging Asian economies, according to data released on Wednesday by a research arm of Kirin Holdings Co.
Hysan Development, the biggest landlord in Hong Kong's Causeway Bay, remains confident about the outlook for the office market, despite the occupancy rate of its new Hysan Place development showing no major signs of improvement.
Hysan Place, formerly the Hennessy Centre, will open on Friday.
The 450,000-square-foot shopping arcade in the building has been fully let and is expected to draw 100,000 shopper visits a day.
Advertising spending in Hong Kong climbed to a new high in the first half of this year, driven by major campaigns in the cosmetics, pharmaceuticals, entertainment and consumer electronics markets.
Financially struggling surfwear retailer Billabong says it has received a second takeover offer from private equity company TPG International that two major shareholders have already accepted.
Aeon, the Japanese business group better known here as personal loan provider, unveiled a multi-billion-dollar investment plan to develop shopping centres in major Asian countries except Thailand.
Thailand is not on Aeon's radar screen as the country is crowded with local heavyweight players like Central Pattana Plc and The Mall Group.
Sharp Corp may lay off several thousand workers and sell office buildings in Tokyo as losses at Japan's last major fabricator of liquid crystal displays for televisions expand, the Nikkei business daily said.
The maker of Aquos TVs will likely post a group net loss of about JPY100 billion (USD1.28b) for the April-June quarter after a USD198 million settlement in a US LCD cartel case added to its deficit during the three months, the paper said without citing anyone.
The second Asia-Pacific edition of the Sustainable Cosmetics Summit will take place on 12 November in Hong Kong. Organised by UK-based research company Organic Monitor, the summit comprises two workshops and a detailed seminar programme, aiming to tackle some of the major ethical & ecological issues facing the Asian cosmetics industry. Major topics on the two-day agenda include sustainable packaging, alternatives to animal testing methods, green formulations, environmental impacts, halal cosmetics, and ayurveda in cosmetics.
Major sportswear brands and online shopping platforms top the rankings in a new survey of consumers' favourite retailers in mainland China.
Nike, adidas and Li Ning received the top three rankings in this year's Retail Proposition Index study conducted by OC&C Strategy Consultants, an international management consulting company.