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  • October 26, 2014
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  1. Business - China Business - TRANSPORT

    CNR joint venture wins US$556.6 million Boston subway car contract

    Posted Oct 23rd 2014, 03:32pm by CHIM SAU-WAI

    ... Chim Sau-wai sauwai.chim@scmp.com CNR to supply Boston subway in its first US deal Mainland train maker China CNR Corp has won its first US order as part of a joint venture that will sell ... venture between CNR and China Changchun Railway Vehicles, submitting the lowest bid. CNR MA plans to build a new manufacturing facility for final assembly of the vehicles in Springfield, ...

    http://www.scmp.com/business/china-business/article/1622948/cnr-joint-venture-wins-us5566-million-boston-subway-car
  2. Business - China Business - TRANSPORT

    CNR eyes California contract after winning Thai order

    Posted Oct 22nd 2014, 05:21am by Toh Han Shih

    ... California contract after winning Thai order China CNR Corp has bagged the biggest train contract in Thailand and it hopes to win a separate multibillion-dollar high-speed train deal ... to CNR's website. BBC consists of two Thai companies and the state-owned China Railway Construction Corp. "This is the biggest purchase contract of train carriages in Thailand's history, ...

    http://www.scmp.com/business/china-business/article/1621710/cnr-eyes-california-contract-after-winning-thai-order
  3. News - China - TRANSPORT

    Guangzhou taxi drivers strike over licence fees, black cabs

    Posted Oct 16th 2014, 04:53am by He Huifeng

    ... China Morning Post that as many as 70 per cent of the city's taxi drivers were taking part in the industrial action. They said they would continue the strike today because the government ...

    http://www.scmp.com/news/china/article/1617274/guangzhou-taxi-drivers-strike-over-licence-fees-black-cabs
  4. Business - Economy - TRANSPORT

    China spends 405b yuan on railways in the first eight months

    Posted Sep 11th 2014, 06:02am by CHIM SAU-WAI

    ... Chim Sau-wai sauwai.chim@scmp.com Investment to grow network rises to 405b yuan but losses at China Railway place doubts on its ability to raise funds for future projects Railways spending up in first 8 months China's railway investment accelerated in July and August as government spending on the rail network rose 20 per cent in the first eight months of the year ...

    http://www.scmp.com/business/economy/article/1589743/china-spends-405b-yuan-railways-first-eight-months
  5. Business - China Business - TRANSPORT

    China to offer 300 billion yuan of railway contracts until end of the year

    Posted Sep 03rd 2014, 01:33am by CHIM SAU-WAI

    ... China Railway Group, the country's largest railway builder. "China does not have a railway network that is too large. It still needs to build more railways. That is good for people's livelihood and economic development," said Yang Liang, chief financial officer of China Railway Group. Yu Tengqun, secretary of the board of directors of the state-owned railway firm, ...

    http://www.scmp.com/business/china-business/article/1584079/china-offer-300-billion-yuan-railway-contracts-until-end
  6. Property - Hong Kong & China - TRANSPORT

    Flat asking prices around planned MTR lines rise after announcement

    Posted Sep 23rd 2014, 02:19pm by Sandy Li

    ... Sandy Li sandy.li@scmp.com Rail extension plans push up flat prices Asking prices of flats close to stations along the seven rail projects to be developed by the government have been increased by up to 10 per cent as expectations of improving accessibilit ...

    http://www.scmp.com/property/hong-kong-china/article/1598651/asking-prices-rise-flats-around-planned-mtr-projects
  7. News - China - TRANSPORT

    China sets the pace on bike sharing

    Posted Aug 25th 2014, 04:37am by BLOOM

    ... Bloomberg In seven years the mainland has gone from no public bicycles to 650,000 as it tackles pollution China sets pace on bike sharing Back in the summer of 1965, a group of self-styled ... has sampled programmes in China, Europe and North America, says 68 new ones have been introduced around the world this year- a rate of two a week. By putting millions of cyclists on the road, ...

    http://www.scmp.com/news/china/article/1580363/china-sets-pace-bike-sharing
  8. Business - Companies - TRANSPORT

    Train makers CNR and CSR seal 6.8b yuan in new orders

    Posted Sep 11th 2014, 09:15am by CHIM SAU-WAI

    ... 6.8b yuan in new orders State-owned train makers China CNR Corp and CSR Corp have won new orders worth a total of 6.8 billion yuan (HK$8.6 billion), including overseas deals valued at 1.8 ... "Developed countries, such as Japan or European countries, would not need China's high-speed trains, while developing countries might find it expensive," said Wang Zhuoran, an analyst ...

    http://www.scmp.com/business/companies/article/1589965/china-cnr-signs-12-contracts-worth-65b-yuan
  9. News - Hong Kong - TRANSPORT

    MTR director rules out pay cut for failing managers

    Posted Sep 08th 2014, 06:05am by Tony Cheung, Gary Cheung

    ... Tony Cheung and Gary Cheung MTR director rules out pay cut for failing managers Making senior management pay for the delay in the high-speed cross-border rail project won't make the MTR more accountable to the public, a key non-executive director of the train corporation told the South China Morning Post. Instead, Frederick Ma Si-hang, who heads an independent committee ...

    http://www.scmp.com/news/hong-kong/article/1587391/mtr-director-rules-out-pay-cut-failing-managers
  10. News - China - TRANSPORT

    Breakdowns plaguing Beijing subway this year, report says

    Posted Sep 08th 2014, 04:49pm by WU NAN

    ... Wu Nan nan.wu@scmp.com MTR Corp operates one of the lines that had latest morning service interruptions, causing large numbers of passengers to be late for work The Beijing metro system is averaging a breakdown a week – a total of 39 – so far this year, m ...

    http://www.scmp.com/news/china/article/1587888/breakdowns-plaguing-beijing-subway-year-report-says

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