Cheaper Spanish daily to debut
'SORT OF HYBRID':
''Publico'' will combine the features of the country's traditional newspapers with the breezier style of free papers to target young urban residents
A new daily newspaper will hit Spain's already crammed newsstands on Wednesday that will cost half of the amount charged by its paid competitors in an effort to steal readers from both paid and hugely popular free papers.
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Carlsberg plans purchase of Indian brewer
GETTING THIRSTY:
India is likely to become the second-biggest beer-consuming country in Asia and the company is targeting a leadership position in the market
Carlsberg A/S, one of Europe's largest brewers, plans to buy Parag Breweries of India as it looks to growing sales in Asia to offset weakening demand in the US and Western Europe.
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VW, Proton close to reaching deal: Malaysian paper
Volkswagen chief executive officer Martin Winterkorn will visit Malaysia in the next few weeks to conclude a deal between the German automotive giant and state-owned carmaker Proton, a report said yesterday.
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Rising fuel prices increase burden on Myanmar's poor
When U Moe's brother developed a serious lung infection, he immediately went to buy bus tickets to take his younger sibling to Myanmar's main city Yangon for medical treatment.
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FEATURE: Luxury goods market booms in Vietnam
In a country whose peasant army once marched on flip-flops cut from old tires, Gucci beach sandals priced at US$365 can come as a shock.
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World Business Quick Take
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