Sino Fibre Communications, a broadband and value added Internet services provider in China, announced that it has entered into a memorandum of understanding with P2P Cash Inc. to explore the business opportunity for integrating the P2P Cash mobile commerce features into an advanced international barter trading platform.

The World Bank's Anti-corruption Department has barred seven companies, including four from China and three from the Philippines, from WB-sponsored projects on suspicion of conspiring to collude on tenders for road projects in the Philippines.

UPS is moving its intra-Asia air hub from the Philippines to Shenzhen in China's thriving Pearl River Delta to reduce transit times across Asia.

UPS says it is moving its intra-Asia air hub from the Philippines to Shenzhen to improve customer service by reducing transit times across Asia.