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Results 1 - 10 of 24 for state-owned enterprises

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  1. Business - Money - INVESTMENT

    Tax treaty makes Hong Kong the investment key to North America

    Posted Nov 11th 2013, 05:17am by Toh Han Shih

    ... after the Nexen deal the Canadian government had capped future investments by foreign state-owned enterprises in the country's oil sands industry at 49 per cent, and since the deal ... of a state-owned enterprise, which could subject a much larger number of ostensibly-private mainland companies to special scrutiny under the Investment Canada Act. "As a result, Chinese businesses ...

  2. Texhong aims to double output

    Posted Apr 01st 2005, 12:00am by Toh Han Shih

    ... or leasing factories from loss-making or bankrupt state-owned enterprises. 'We grow through acquisition. The mainland still has many small and medium-sized textile firms ripe for consolidation ... Toh Han Shih Texhong Textile Group will spend 240 million yuan to double production capacity this year, mainly by acquiring manufacturing facilities from moribund state-owned firms ...

  3. Infrastructure pie for foreign firms could be worth US$300b

    Posted Jan 16th 2009, 12:00am by Toh Han Shih

    ... billion from 2004 to 2008. Mr Auyang admitted that in sectors such as rail construction, state-owned enterprises had better access than foreign players to projects on the mainland. But other ...

  4. Business - Economy - ECONOMY

    Mongolia President Tsakhia Elbegdorj wants to cut state firms by one-third

    Posted Nov 29th 2013, 04:10am by Toh Han Shih

    ... government plans to slash the number of state-owned enterprises (SOEs) by one third to encourage private investment and set up a sovereign wealth fund, said Mongolian President Tsakhia Elbegdorj yesterday in Hong Kong. Mongolia will also enact a law that will discourage companies owned by Mongolian ministers from competing with foreign and private firms, he said. Competition between ...

  5. Sinopec, Chalco, China Railway warn of 50pc profit declines

    Posted Jan 23rd 2009, 12:00am by Carol Chan, Eric Ng, Toh Han Shih

    ... Eric Ng, Toh Han Shih and Carol Chan Leading state-owned enterprises China Petroleum & Chemical Corp (Sinopec), Aluminum Corp of China (Chalco) and China Railway Group are warning ... the country's second-largest oil and gas producer, yesterday blamed the profit decline on huge first-half refining losses stemming from the surging cost of imported crude oil and state control ...

  6. Asset-abuse law enforcement faces hurdles

    Posted Sep 15th 2008, 12:00am by Toh Han Shih

    ... Woods Lee in Beijing and Toh Han Shih New laws will enable the central government to better tackle asset-stripping in large state-owned enterprises (SOE), but there are potential problems ... under the umbrella of the central government. These rules target managers and other people responsible for the loss of assets at the firms, and spell out the punishments. The State-owned Assets ...

  7. Reforms of China's trade arbitration system welcomed

    Posted May 02nd 2005, 12:00am by Toh Han Shih

    ... by Randall Peerenboom of the UCLA School of Law. He cited a case of a Hong Kong party that tried to enforce an award by the commission for US$400,000 against a state-owned enterprise. Chinese officials refused to let the court seize the assets- equipment sold by the Hong Kong firm to the state-owned firm- as it would result in the mainland company's closure. As a result, the Hong ...

  8. China Railway Construction all out to secure overseas contracts

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

    ... Wangsheng, along with two China Railway executives, which highlights the partnership between the Chinese government and state-owned enterprises in extending Beijing's political and business ... 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 ...

  9. Bankruptcy law poses challenges for creditors

    Posted May 17th 2005, 12:00am by Toh Han Shih

    ... enables them to retrieve viable assets associated with non-performing loans. Another impetus for reforming lay in China's moribund state-owned enterprises (SOEs), noted Mr Powell. ...

  10. Railway builders may shift focus home after Africa setbacks

    Posted Apr 27th 2009, 12:00am by Toh Han Shih

    ... non-governmental organisation, expressed concern over a US$9 billion deal between the government of Congo and a consortium of Chinese state-owned enterprises including China Railway. The deal, signed ... on their huge domestic market. The shift in strategy stems partly from Beijing's huge economic stimulus package, but the change also reflects concerns over problems the two state-owned firms face ...




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