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  • April 19, 2014
  • Last updated: 5:19am
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  1. Business - China Business

    CR Gas builds up projects war chest

    Posted Mar 14th 2014, 01:06am by Eric Ng

    ... Eric Ng eric.mpng@scmp.com Largest city gas firm reports 31 per centincrease in net profit to HK$2.16 billion CR Gas builds up projects war chest China Resources Gas, one of the nation's largest city gas distributors, has set aside HK$3 billion to HK$4 billion this year to acquire city gas projects, after posting a 31 per cent jump in net profit last year. But chairman ...

  2. Business - Companies - SHIPPING

    Hong Kong urged to act on port congestion as pressure builds for more capacity

    Posted Mar 10th 2014, 05:59am by Charlotte So

    ... Charlotte So charlotte.so@scmp.com Operators seek quicker consolidation of land around the terminals to boost handling capacity HK urged to act on port congestion as pressure builds Hong ... The terminal association suggested the government let the operators use the land near Terminals 8 and 9 for container storage and to build more barge berths. This would boost the port's capacity ...

  3. Business - China Business - ENERGY

    3 Chinese state firms looking to build nuclear plants abroad

    Posted Mar 04th 2014, 10:09am by Eric Ng

    ... overseas projects State Nuclear Power Technology, one of three Chinese state-owned firms seeking to build nuclear plants overseas, is keen to take a crack at opportunities in Brazil, Britain ... building reactors abroad involved the export of not only hardware but an entire "ecosystem", which entailed regulatory knowledge and compliance, human resources and after-construction ...

  4. Business - Money - REGULATION

    Support builds for SFC's dark pool rules restricting retail investors

    Posted Mar 03rd 2014, 02:59am by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com Brokers and operators back regulator's move to bar retail investors from trading platform while providing level playing field for all participants SFC'S dark pool rules gain wide support Brokers and dark pool operato ...

  5. Business - Companies - AVIATION

    Qantas chief resets plan to make airline profitable as losses build

    Posted Mar 01st 2014, 01:14am by BLOOM

    ... Bloomberg in Sydney Job cuts and cancelled jet orders aim to stem first-half international losses of A$262m Qantas chief resets plan to make airline profitable Qantas Airways chief executive Alan Joyce promised last year that an alliance with Emirates wou ...

  6. Business - Economy - CHINA

    Effort to build a nation of consumers meets resistance from budget-minded shoppers

    Posted Feb 03rd 2014, 04:01am by AP

    ... be picking up for Zhao Guoping, a Beijing shopkeeper, as central government leaders try to build a consumer society to replace a worn-out economic model based on trade and investment. But his ... cent, and that percentage declined last year. Curbs on investment will mean less money flows to wages in construction and building materials industries such as steel and cement. "It ...

  7. Business - Companies - TECHNOLOGY

    Samsung and Globalfoundries form chip alliance

    Posted Apr 19th 2014, 01:09am by BLOOM

    ... ensure they remain central in the market for building smartphone and tablet parts. "This offers a huge competitive threat to TSMC and provides an alternative to those companies who ... directly with potential customers. The alliance may make it tougher for Intel to build a position in the foundry business, McGregor said. Globalfoundries ranked second in the made-to-order chip ...

  8. Business - Commodities - ENERGY

    China Inc joins the big league in oil and gas services

    Posted Apr 16th 2014, 01:21am by Reuters

    ... from the Middle East to frontier areas like Mozambique. Chinese yards, having come from nowhere in less than a decade, are building more jack-up rigs- the most common offshore rig used ... and Sembcorp are increasingly building more sophisticated equipment, an area where Chinese firms still lack expertise. Chinese companies won over half the global orders for jack-up rigs last year, up ...

  9. Business - Commodities - DEBT

    Oil rig giant is key to Titan's restructuring

    Posted Apr 16th 2014, 01:21am by Eric Ng

    ... was founded in 2002 by Fujian businessman Tsoi Tin-chun. It expanded aggressively by buying tankers, building fuel storage tank farms and a shipyard, after selling US$400 million of high-yield bonds ... for building rigs that can be sold for US$230 million to US$800 million each. Keppel will earn management fees, turnover-based fees and bonuses. Some 100 million yuan of equipment is needed ...

  10. Business - China Business - INVESTMENT

    Russia looks east for new investors

    Posted Apr 17th 2014, 01:09am by Toh Han Shih

    ... Hong Kong and the mainland, said Kostroma. In the coming years, the Russian capital will build more than 200 transport hubs, a rail system in the centre of the city and continue to invest ... This includes total privatisation of a Moscow energy company for an estimated US$2.86 billion. Comex is building a 3.9 million square metre commercial complex in Moscow, which will be one of the largest ...




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