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  • October 23, 2014
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  1. CRCC limits Mecca rail losses to 1.38b yuan

    Posted Jan 24th 2011, 12:00am by Toh Han Shih

    ... Toh Han Shih Analysts have hailed the sale of a loss-making light rail project in Saudi Arabia by China Railway Construction Corp (CRCC) to its parent company as beneficial ... on to its parent all further losses plus all the risks and responsibilities for the Mecca railway, as of October 31 last year. On October 25, CRCC- one of China's largest railway builders- ...

  2. CSR still on track for success

    Posted Feb 15th 2012, 12:00am

    ... yuan each into the state-owned parents of CSR and another train manufacturer, China CNR Corporation, according to mainland media reports. CSR and Shanghai-listed CNR dominate the country's ... Toh Han Shih hanshih.toh@scmp.com The chairman of one of the nation's leading train makers, CSR Corporation, has admitted that funding shortages could force cutbacks in his ...

  3. Mainlanders go home after railway crash

    Posted May 07th 2011, 12:00am

    ... Lawrence Chung More than 30 mainlanders- injured tourists and some relatives of those who died in an accident on a scenic railway in southern Taiwan last month- returned home yesterday. ... at Kaohsiung airport. Lu's family members were among the first mainland relatives to arrive in Taiwan, shortly after the accident, which saw four carriages of the Alishan Forest Railway alpine ...

  4. Chinese railway builders hit by Malaysian politics

    Posted Jan 16th 2012, 12:00am

    ... leaders wouldn't approve the project,' said Li Jiansheng, the chief financial officer of China Railway Group. 'We will keep talking to the authorities. We will never quit chasing ... on the southern tip of Malaysia's peninsula, to the northern part of the country. China Railway's state-owned parent firm, China Railway Engineering Co (CREC), has been bidding for contracts ...

  5. Business - Banking & Finance - FINANCE

    Asian corporate bonds market hits US$100b

    Posted Oct 01st 2012, 12:00am by Ray Chan

    ... Ray Chan ray.utchan@scmp.com Companies seeking cheap funds help set major milestone for a market worth US$10b in 2002 Asian corporate bonds top US$100b Corporate bond issuance in Asia ... for Citigroup in Asia, told the South China Morning Post the US$100 billion benchmark was an important milestone for the Asian bond market that only a decade ago was worth just US$10 billion a year. He ...

  6. Stalled railway project high on aquino agenda

    Posted Aug 30th 2011, 12:00am

    ... Philippine President Benigno Aquino will discuss a controversial Chinese-funded railway project when he flies into Beijing today at the start of a five-day state visit. Philippine Secretary for Transportation and Communications Manuel Roxas confirmed at the weekend that the suspended North Luzon Railways (Northrail) project 'will be one of the matters ...

  7. Corporate Japan resigned to kowtowing for trade

    Posted Feb 11th 2004, 12:00am by Mark O'Neill

    ... Mark O'Neill Mark O' Neill@scmp.com In 1988, exasperated after another lecture on the war from officials at China's foreign ministry, a Japanese diplomat in Beijing finally ... moustaches, beating captured partisans or lusting after Chinese women. The diplomat expressed a view then shared by the Japanese business elite, that China was a country to export to but too hostile ...

  8. Corporate lawyer tackles Shanghai's hip hop scene in film

    Posted Jul 11th 2008, 12:00am by Andrew Sun

    ... with Andrew Sun. Additional reporting by Clara Mak. It's a radical jump from corporate lawyer in Hong Kong to hip hop youth in Shanghai, but that's what first-time filmmaker ... culture for a documentary called Follow Your Heart - China's New Youth Movement about old-school rapping in Shanghai. It airs across Asia on Channel V tomorrow at 8.30pm. 'I really ...

  9. Worst of corporate pain still to come for Asia, IMF warns

    Posted May 08th 2009, 12:00am by Tom Holland

    ... and most of it still lies in the future. For corporate Asia and its bankers, this crisis is far from over. The start of the 1997 currency collapse caught many Asian companies in a highly vulnerable ... as 55 per cent of GDP in China, according to one estimate). At first sight, the current crisis looks even worse. As the developed world's demand for Asia's exports evaporated late last ...

  10. Ignore hissing snakes and follow smart money up corporate ladders

    Posted Aug 13th 2005, 12:00am by Rex Aguado

    ... for trivialising politics. But away from the snakes and the self-proclaimed saints, the country's corporates seemed to have shaken off the political poison that has sent the nation into moral ... cent short of its June 6 level despite a slight upward nudge from China's yuan revaluation on July 21. Still, a weak peso may actually help the country's exporters whose overseas ...




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