Restaurateur Totenko Jumps After Pandas Scratch Four-Year Itch

Shares in Totenko Co., a Tokyo-based operator of a Chinese restaurant, jumped after nearby Ueno Zoo announced its giant pandas had mated, fueling hopes that the first baby panda at the zoo in more than four years would boost tourism in the area. Public viewing of the two pandas, Shin Shin and Ri Ri, was halted last week in preparation for the mating session, according to a statement from Ueno Zoological Gardens.

Fred’s drugstore chain to double with Rite-Aid store buys

It all started Tuesday, when Fred’s said it would pay $950 million to buy 865 stores that Rite Aid needed to sell in order to appease anti-trust regulators and close its $9.4 billion buyout deal with Walgreens Boots Alliance Inc. The deal will more than double Fred’s current store count of 650. CEO Michael Bloom called it a “transformative event” for the company.

2016 Giving Tree program was a real success

The Church and Community Program wants to thank our entire community for the many contributions to the 2016 Giving Tree program. On Dec. 16 and 17, we provided gifts of toys and clothing for 175 families in our regular distribution and helped five more families at Renewal House.

VietJet CEO says net profit to climb 30 pct in 2017

Jan 10 Private Vietnamese airline VietJet expects net profit to climb 30 percent in 2017, after its bottomline almost doubled over the past 12 months, founder and CEO Nguyen Thi Phuong Thao said in an interview on Tuesday. Thao said the budget airline’s pre-tax profit rose 91.6 percent year-on-year in 2016 to 2.3 trillion dong .

Recruitment firm Robert Walters’ FY gross profit rises 9 pct

Jan 10 Robert Walters reported a 9 percent rise in full-year gross profit on a constant currency basis and said pretax profit for the year would be slightly ahead of market expectations. The company, which places people in finance, engineering, legal and marketing jobs, reported higher quarterly gross profit, driven by growth in all its regions and said UK gross profit rose 16 percent to 23.1 million pounds in the three months ended Dec. 31. Robert Walters, which makes nearly two-thirds of its gross profit outside the UK, said in a trading statement on Tuesday that it had entered two new countries with the opening of offices in Canada and Portugal.

Taichung-Ho Chi Minh flights launch this month

Vietnamese budget carrier VietJet Air will launch a new route later this month, linking Ho Chi Minh City in Vietnam with Taichung in Taiwan, as the central Taiwan city seeks to promote itself as an operations base for low-cost carriers. The new route will be officially launched on Jan. 15, with four flights a week – Sunday, Monday, Wednesday and Friday – and a flying time of more than three hours between the two cities, according to the airline.

LETHBRIDGE: Catching up to rural Vietnam

In November, I was in Vietnam – way, way out there in the Northern province of Ha Giang on the border with China. There were ethnic peoples in traditional dress, dangerous mountain passes, very few tourists and not a lot of modern conveniences.

LETHBRIDGE: Catching up to rural Vietnam

In November, I was in Vietnam – way, way out there in the Northern province of Ha Giang on the border with China. There were ethnic peoples in traditional dress, dangerous mountain passes, very few tourists and not a lot of modern conveniences.

Vietnam says recovery from Formosa industrial disaster could take a decade

Vietnam’s central region is expected to take a decade to completely recover from an industrial accident caused by a unit of a Taiwan conglomerate, which led to Vietnam’s worst ever environmental disaster, the government said. Formosa Ha Tinh Steel, a unit of Taiwan’s Formosa Plastics that runs an $11 billion steel plant, sullied more than 200 km of coastline in April, killing more than 100 tonnes of fish and devastating the environment, jobs and economies of four provinces.

Vietnam says recovery from Formosa disaster could take 10 years

Formosa, which runs an US$11 billion steel plant, sullied more than 200km of coastline, killing more than 100 tonnes of fish and devastating the environment, jobs and economies of four provinces Vietnam’s central region is expected to take a decade to completely recover from an industrial accident caused by a unit of a Taiwan conglomerate, which led to the Vietnam’s worst ever environmental disaster, the government said. Formosa Ha Tinh Steel, a unit of Taiwan’s Formosa Plastics that runs an US$11 billion steel plant, sullied more than 200km of coastline in April, killing more than 100 tonnes of fish and devastating the environment, jobs and economies of four provinces.