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  • September 21, 2014
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  1. China Railway Construction all out to secure overseas contracts

    Posted Oct 20th 2009, 12:00am by Toh Han Shih

    ... Today, mainland workers are still building railroads across countries- in the Middle East and North Africa- but this time they are employed by a Chinese company. State-owned China Railway ... is involved in more than 20 projects in Saudi Arabia with investments totalling at least US$3.5 billion, according to the firm's website. In a July visit to China Railway's facilities ...

  2. Chinese infrastructure firms' deals top US$5b

    Posted Mar 26th 2010, 12:00am by Toh Han Shih

    ... Toh Han Shih Chinese infrastructure construction firms have recently won more than US$5 billion in contracts for Indonesia and Macau. China Railway Group won a US$4.8 billion contract ... yesterday. On March 23 in Beijing, the Shanghai and Hong Kong-listed company signed the US$4.8 billion contract with Bhakta Hill Pan Pacific Railway Corporation, consisting of a US$1.3 billion ...

  3. China Mobile launches BlackBerry service for corporate customers

    Posted May 15th 2008, 12:00am by Staff Reporter

    ... Frederick Yeung China Mobile launched its mainland version of the BlackBerry e-mail device this week for corporate customers, hoping to strengthen its base of high-end users prior ... Mobile's website. There is market speculation that China Mobile acquired fewer than 10,000 BlackBerry devices in the first round of procurement. If corporate users commit to a two-year contract ...

  4. Chinese railway firms seek overseas deals

    Posted Jan 06th 2010, 12:00am by Toh Han Shih

    ... Toh Han Shih China may export its controversial maglev train expertise to Malaysia as it ramps up efforts to be one of the world's leading railway builders. Mainland firms including ... The Ministry of Railways signed a contract on Monday with Industrial and Commercial Bank of China to help companies win projects abroad. But questions are being asked about whether the magnetic ...

  5. Railway builders report 2.26b yuan in forex losses

    Posted Oct 24th 2008, 12:00am by Toh Han Shih

    ... exchange losses. State-owned China Railway Group reported a net foreign exchange loss of 1.94 billion yuan on the Australian dollar for the first nine months of the year, almost twice as much as analysts expected. China Railway's foreign exchange loss arose from US$1.5 billion in structured deposits it bought to hedge against foreign currencies with the approval of the country's ...

  6. General Electric plans US$2b investment in mainland ventures

    Posted Nov 10th 2010, 12:00am by Eric Ng

    ... distribution and railway sectors. The United States-based corporate giant has also announced the appointment of vice-chairman John Rice to expand GE's businesses outside the US and relocate him to Hong Kong from next year. The heavy commitment in China and Rice's new role underline the allure of faster growth in industrialising countries to global technology companies in the face ...

  7. GE Aviation to finalise avionics joint venture with AVIC

    Posted Jan 19th 2011, 12:00am by Charlotte So

    ... Charlotte So GE Aviation, the aviation arm of General Electric, will this week seal a deal with Aviation Industry Corporation of China (AVIC) to form an avionics joint venture ... processing system for the C919, China's first homegrown commercial aircraft being built by the Commercial Aircraft Corporation of China. The 150-seat C919 aims to edge out aircraft ...

  8. KCRC poised to seal new station deal

    Posted Nov 20th 2004, 12:00am by Felix Lo

    ... Felix Lo Details are expected in a fortnight of a deal between the Kowloon-Canton Railway Corporation and Wharf Estates Development on construction of a railway station at Wharf's ... Secretary for Environment, Transport and Works Thomas Chow Tat-ming said the government now hoped to gazette construction early next month and for the railway to be operating by 2009. The link ...

  9. Developer says preference for rail firms in land supply is outdated

    Posted Jul 24th 2003, 12:00am by Peggy Sito

    ... A major property developer has joined a growing debate over the government's preferential land supply policy for Hong Kong's two railway firms, saying it is outdated. Hang Lung Properties chairman Ronnie Chan Chi-chung yesterday said the government had given the MTR Corp (MTRC) and Kowloon-Canton Railway Corp (KCRC) land-development rights as an indirect grant to provide ...

  10. CRCC, Tongling buy Corriente for C$679m

    Posted Dec 30th 2009, 12:00am by Toh Han Shih

    ... Toh Han Shih Canadian mining firm Corriente Resources has signed a conditional agreement to be fully acquired by China Railway Construction Corp and Tongling Nonferrous Metals Group ... Corriente's acquisition would enhance the profitability of CRCC because its core business of railway construction yielded low margins, while successful mines offered high margins due to their risky ...




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