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  1. Business - Banking & Finance - BANKING

    China Construction Bank faces squeeze on non-interest income

    Posted Aug 28th 2012, 12:00am by Lulu Chen

    ... on non-interest income China Construction Bank says it is unrealistic to achieve double-digit growth in non-interest income in the current half year because its ability to charge fees may continue ... liberalisation. Construction Bank said net interest margin in the second quarter rose 8 basis points from the first quarter to 2.71 per cent, a reversal from a decline reported by other banks. A basis ...

  2. Business - China Business - RAILWAYS

    Mainland issues 20b yuan in rail construction bonds

    Posted Aug 21st 2012, 12:00am by Toh Han Shih

    ... Toh Han Shih hanshih.toh@scmp.com Fourth such issue this year will help finance 40 construction projects, Ministry of Railways says Beijing issues 20b yuan in rail bonds In a sign ... the debt-ridden ministry special permission to issue a total of 150 billion yuan of rail construction bonds to finance 61 rail projects this year, breaching the government's own maximum bond issuance ...

  3. Mainland shipbuilders on consolidation course

    Posted Apr 25th 2012, 12:00am

    ... Keith Wallis in Singapore keith.wallis@scmp.com The mainland's shipbuilding sector is set to consolidate as state-owned shipyards take over smaller privately owned operators in the face of overcapacity and a dearth of new orders, a senior Hong Kong b ...

  4. Construction firm builds on excellence

    Posted Jul 17th 2012, 12:00am

    ... suggestions from clients and seek their views through various channels to provide the very best in customer service.' The construction industry is not generally service-oriented. So for Chun Wo, ... says. 'Over the past seven years, the construction sector has experienced a roller-coaster ride through many financial storms, regional and global. Chun Wo managed to weather the turbulence ...

  5. Construction industry tops survey of Q3 hiring plans

    Posted Jun 30th 2012, 12:00am

    ... shy of the Q3 result for 2011. Of the five industry groups covered by the survey, employers in the mining and construction sector, which in Hong Kong refers solely to the latter, were notably ...

  6. Rongsheng eyes US$800m deal to construct oil rigs

    Posted May 12th 2012, 12:00am

    ... from a Singapore-based company. The mainland's largest private shipbuilder and PrimePoint Oil & Gas, an offshore hydrocarbons exploration firm, are in talks for the construction of up ... this was likely to take place, he said: 'In about two weeks.' A Rongsheng spokesman declined to comment. The contract would involve the construction of a semi-submersible barge rig and a tender ...

  7. China's shipbuilders need technology to keep edge

    Posted Nov 10th 2011, 12:00am

    ... Keith Wallis keith.wallis@scmp.com A rapidly appreciating yuan, rising labour costs and inflation will make it 'extremely difficult' for China's shipbuilding industry to maintain its competitive advantage, the head of the country's ind ...

  8. Beijing Construction aims to raise HK$615m in IPO

    Posted Feb 18th 2012, 12:00am

    ... Toh Han Shih hanshih.toh@scmp.com Beijing Construction Engineering, which is wholly owned by the Beijing government, has announced it will list on an unspecified stock exchange by 2015. It could be the first of a growing number of mainland construction firms seeking to resolve funding difficulties through an initial public offering, analysts believe. 'The company is preparing ...

  9. Rethink urged on IT outsourcing

    Posted Dec 15th 2003, 12:00am by Staff Reporter

    ... BIEN PEREZ The government was urged on Monday to rethink its information technology outsourcing programme and its funding for research and development projects. IT sector legislator Sin Chung-kai said the government's Information Technology Professio ...

  10. Construction workers to get big pay rise

    Posted Sep 29th 2011, 12:00am

    ... Martin Wong martin.wong@scmp.com Construction workers will get pay rises ranging from 5 per cent to nearly 13 per cent from November, with more increases in the pipeline as demand ... The Construction Industry Employees General Union said a salary increase agreement, the biggest since 1997, was reached with contractors for 280,000 construction workers. 'Overall, there is not a huge ...




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