PanOrient News

Toyota Land Cruiser Prado Assembly Begins in Russian Far East

Monday, February 18, 2013

Tokyo- (PanOrient News) Toyota Motor Corporation (TMC) today announced that OOO Sollers-Bussan (Sollers-Bussan), a Russia-based vehicle-assembly company, has begun assembly of the Toyota-brand "Land Cruiser Prado" SUV at its plant in Vladivostok, Russia. Initial production capacity is approximately 1,000 vehicles a month.

TMC said it is supplying assembly components as well as maintaining a product-quality management support structure that includes quality control training and personnel su...

Japanese Eat More Bread than Rice

Saturday, May 5, 2012

Tokyo- (PanOrient News) Japanese households spent more on bread than on rice for the first time ever last year, reflecting a change in Japanese eating habits, Government data showed.

Food costs for two-member households came to 873,294 yen in 2011, Nikkei reported, quoting an Internal Affairs Ministry survey. The amount spent on rice fell 4.1% to 27,780 yen in the same year whilst bread costs rose 0.2% to 28,368 yen, it said.

The gap between the two staples was roughly 10,000 yen through 2...

Prince Alwaleed Tops Saudi Rich List

Saturday, November 26, 2011

Dubai- (PanOrient News) Prince Alwaleed, the founder of Kingdom Holding, topped the 2011 Saudi Rich List, with assets worth $20.4bn, Arabian Business reported.

MBI boss Mohamed Al Jaber, with $12.5bn. ranked second on a list of 30 billionaires who increased their wealth with the benefit of rising oil prices and the economic boom in Saudi Arabia, it said.

Prince Alwaleed’s wealth was calculated from five separate areas. First, the publicly traded stocks, which all fall under the Kingdom ...

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