Foxconn to build a $1 billion factory in Indonesia – create 1 million jobs

The chinese are offshoring their work to find cheaper labor…   The market leading computer manufacturer Foxconn is planning a new $1 billion facility in Indonesia. The new manufacturing plant will create around 1 million jobs in the region. Foxconn is currently discussing its plans with the Indonesian Ministry of Industry. Foxconn already operates several …

Forget the BRICs it’s the CIVETS now – the new developing world

The past decade was all about the BRICs, the massive economies of Brazil, Russia, India and China, which kicked off at the beginning of the new century, boomed and are now slowing like the rest of the developed world. Taking their place is a new group of fast-rising economies promising businesses outsized returns. The next …

Amazing Species: a carnivorous plant – Nepenthes rigidifolia

Nepenthes rigidifolia is not yet listed on the IUCN Red List of Threatened Species, however a provisional evaluation classes this species as ‘Critically Endangered’. Known only from a single location in Sumatra, Indonesia, this spectacular carnivorous pitcher plant produces mottled brown and yellowish green pitchers up to 21 cm tall and 8 cm wide, borne from unique, …