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  1. Fuelling the region's economy

    Posted Sep 21st 2010, 12:00am by Chris Davis

    ... one crude supplier to major markets like China, Japan, South Korea and India. 'Last year, Saudi Aramco sent more than a billion barrels of crude oil to the Asia-Pacific region. Asia's economies and societies run on petroleum, and much of that comes from Saudi Arabia,' Al-Ajmi says. He says that as the world's largest exporter of crude oil, Saudi Aramco, Saudi ...

  2. Hunghom U-turn is 'no hit to free economy'

    Posted Dec 12th 2004, 12:00am by Klaudia Lee

    ... will not knock a hole in Hong Kong's free-wheeling economy, the finance chief said yesterday. Financial Secretary Henry Tang Ying-yen sought to play down concerns raised over investors' ... are not sufficient to damage Hong Kong's free economy- the cornerstone of Hong Kong,' Mr Tang said at a forum at Tsing Yi as part of a pre-budget consultation exercise. 'This cornerstone [a ...

  3. Advertising spending to improve with economy

    Posted Mar 04th 2010, 12:00am by Staff Reporter

    ... Bien Perez Buoyed by the improving economy, many Hong Kong companies aim to raise their advertising budgets this year, according to an industry survey. The 11th annual advertising spending ... optimistic about Hong Kong's economy and 52 per cent of those we surveyed plan to boost advertising spending this year,' said Celia Fan, the director of market research at Nielsen. ...

  4. China South wins 1.6b yuan orders

    Posted Nov 13th 2008, 12:00am by Toh Han Shih

    ... Toh Han Shih China South Locomotive & Rolling Stock Corp, a train carriage maker listed in Hong Kong and Shanghai, has won 1.6 billion yuan (HK$1.82 billion) of orders from ... for the purchase of train carriages for the next four years, sources said. Beijing also planned to double rail investment to 600 billion yuan next year to boost the economy, Mr Yang added. 'This can ...

  5. Telecoms giants poised for acquisitions frenzy

    Posted Aug 18th 2008, 12:00am by Staff Reporter

    ... with operations in 14 African countries; Millicom International Cellular, a Luxembourg-based mobile-telephone firm with assets in Africa, Asia and Latin America; and South Africa's MTN Group. ... stake in South Africa's Standard Bank Group in October last year by Industrial and Commercial Bank of China. Beijing is urging its largest firms, particularly in financial services ...

  6. Unicom, allies win Nitel with US$2.5b offer

    Posted Feb 18th 2010, 12:00am by Staff Reporter

    ... components, including its subsidiary Nigerian Mobile Telecommunications (M-tel), a nationwide wireless and fixed-line network, and the carrier's share in the South Atlantic 3/West Africa ... Unicom, the mainland's No 2 cellular network operator, ahead of larger rival China Mobile in the race for strategic telecommunications joint ventures in Africa and other emerging markets. ...

  7. African conflicts pressure China's neutrality

    Posted Aug 02nd 2010, 12:00am by Toh Han Shih

    ... into African nations plagued by instability or violence or threats of civil war, that stance will not remain tenable, says a US researcher on Africa. 'The Chinese have traditionally taken ... and Research Centre at Boston University. 'China engages Africa with the intent of being there for a while. Issues like stability are important to them. How you deal with regimes that oppress ...

  8. War and unrest hit mainland deals in Africa

    Posted Nov 24th 2008, 12:00am by Toh Han Shih

    ... Toh Han Shih A civil war in the Congo and an economic crisis in Nigeria are threatening billions of dollars of investment by Hong Kong-listed mainland state-owned firms in Africa. China ... not benefit east Congo, where he is based,' said an Africa expert. In response to General Nkunda's demand that the contracts between Congo and China be reviewed, Foreign Ministry spokesman ...

  9. Mainland steel mills looking beyond Billiton

    Posted Apr 12th 2005, 12:00am by Elaine Chan

    ... of 148.12 million tonnes. Brazil accounted for 25.91 per cent, India 21.78 per cent and South Africa 6.44 per cent. Mr Zhang said BHP wanted not only to cash in on the boom without giving enough ... will export coal in exchange for more iron ore imports,' Mr Zhang told the South China Morning Post on the sidelines of an iron ore conference in Beijing yesterday. 'We are optimising our ...

  10. Sinopec to explore and produce oil and gas overseas on its own

    Posted Mar 31st 2009, 12:00am by Eric Ng

    ... Ecuador, Kazakhstan, Russia and Syria. And it has been looking to buy assets, mostly in Africa and South America. Their combined output attributable to the parent grew to 9 million tonnes of oil ... the country's rapidly growing economy. Previously, Sinopec's parent, China Petrochemical Group, exclusively handled overseas exploration and production because it considered the business too risky ...




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