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  • October 22, 2014
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Results 1 - 10 of 211 for china railway corporation

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  1. Business - China Business - TRANSPORT

    Heavily indebted China Railway Corp expected to raise freight rates

    Posted Jan 10th 2014, 11:35am by Celine Sun

    ... Celine Sun in Beijing celine.sun@scmp.com China Railway's battle to reduce its debt pile through higher charges may further undermine the competitiveness of rail against road freight Rise in rail cargo rate looms as reform steams ahead China Railway Corporation (CRC) is expected to raise freight rates early this year to relieve its massive debt burden and speed up ...

    http://www.scmp.com/business/china-business/article/1402132/heavily-indebted-china-railway-corp-expected-raise-freight
  2. 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
  3. 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
  4. Business - China Business - TRANSPORT

    CNR eyes California contract after winning Thai order

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

    ... 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, ... but this is the state-owned company's first contract to supply carriages for the country's inter-city railway services. CNR and CSR Corp are the dominant train manufacturers in China. In October last year ...

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

    Budget for high-speed railway rises to HK$71 billion after delays, MTRC says

    Posted Aug 11th 2014, 07:35pm by NG KANG-CHUNG

    ... The corporation, which was entrusted by the government in 2010 with building the 26km underground railway, would not discuss whether the government or the company should pay the extra cost. The latest ... Ng Kang-chung kc.ng@scmp.com Budget for high-speed railway rises to HK$71b The price tag for the troubled cross-border express railway will go up by about 10 per cent to HK$71.52 billion ...

    http://www.scmp.com/news/hong-kong/article/1571464/costs-cross-border-rail-link-jump-10-cent-because-new-delays-mtr-says
  6. News - Hong Kong - TRANSPORT

    MTR Corp should pay part of railway delay cost, experts say

    Posted Aug 13th 2014, 04:34am by Ada Lee

    ... Ada Lee ada.lee@scmp.com MTR Corp 'should pay part of railway delay cost' The MTR Corporation should pay part of the HK$4.62 billion in extra costs that the delayed cross-border high-speed rail link is expected to incur, experts in transport and engineering say. It was likely the bill would be split between the government, MTR Corp and contractors as the railway giant ...

    http://www.scmp.com/news/hong-kong/article/1572357/mtr-corp-should-pay-part-railway-delay-cost-experts-say
  7. News - Hong Kong - TRANSPORT

    Lawmakers clash over high-speed-rail inquiry

    Posted Oct 22nd 2014, 04:06am by TIMMY SUNG

    ... that will investigate a two-year delay in the completion of a high-speed railway to Guangzhou. News that the HK$67 billion project would not open until 2017, instead of next year, sparked anger earlier ... Link, as announced by the government and MTR Corporation Limited on April 15." NeoDemocrat Gary Fan Kwok-wai said the scope of the investigation would be greatly limited if a date ...

    http://www.scmp.com/news/hong-kong/article/1621612/lawmakers-clash-over-high-speed-rail-inquiry
  8. News - China - TRANSPORT

    Railway officials give up setting a deadline to end ticketing nightmare for Lunar New Year passengers

    Posted Jan 14th 2014, 04:35pm by Adrian Wan

    ... to 2012, and 2011 the target was set for 2015. This year, officials have not promised a target date at all. Hu Yadong, deputy general manager of China Railway Corporation, said at the news ... overlapped," Hu warned. "Train traffic will boom day by day and railways shall see continuous peaks." The latest announcement on ticketing sparked wide debate on Sina Weibo, China ...

    http://www.scmp.com/news/china/article/1405429/railway-officials-give-setting-deadline-end-ticketing-nightmare-lunar-new
  9. News - China - TRANSPORT

    Breakdowns plaguing Beijing subway this year, report says

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

    ... a large number of passengers late for work, Beijing Youth Daily reported. The Beijing Mass Transit Railway Operation Corporation (BMTROC) and the MTR Corporation, Hong Kong’s subway operator, released “emergency operating notice” to report on the breakdowns. The MTR Corporation is part of a joint venture that operates Line 4. There have been 46 emergency operating notices issued ...

    http://www.scmp.com/news/china/article/1587888/breakdowns-plaguing-beijing-subway-year-report-says
  10. News - Hong Kong - TRANSPORT

    Coastal Tsuen Wan-Tuen Mun railway not worth the cost, minister says

    Posted Sep 21st 2014, 05:14am by SHIRLEY ZHAO

    ... Shirley Zhao shirley.zhao@scmp.com Costs overrode calls for new coastal MTR line Calls for a Tuen Mun-Tsuen Wan MTR line were ignored in the latest railway development blueprint because ... councillors to veto a revised plan to expand the Tuen Mun landfill. The railway development blueprint, released on Wednesday, does follow through on plans for seven other rail projects- four new ...

    http://www.scmp.com/news/hong-kong/article/1597066/coastal-tsuen-wan-tuen-mun-railway-not-worth-cost-minister-says

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