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  • October 21, 2014
  • Last updated: 4:00pm
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  1. Business - Companies - TRANSPORT

    MTR wins contract for Sydney rail link

    Posted Sep 17th 2014, 10:54am by CHIM SAU-WAI

    ... year on year to HK$203 million in the first half of this year. "The [Australian] federal government's objective is to catalyse A$125 billion in new infrastructure spending by the end ...

  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

    ... on the year before to 405 billion yuan (HK$510 billion). However, huge losses in the first half at national rail operator, China Railway Corp, and high gearing have raised doubts about its ability ... the capital needed for this year has been put in place. Entering the second half, railway investment in July and August already amounted to as much as 200 billion yuan, which matched the total ...

  3. 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 per cent of CNR's total first-half revenue, while that of CSR accounted for 9 per cent. Wang said the overseas revenue percentage of both companies would be capped in the high single ... the "GE or Siemens of China" in the long run. CNR's "emerging industry business", to which wind turbines belong, contributed 4 per cent of its revenue in the first half ...

  4. 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

    ... construction contracts ranged from around 46 per cent to 50 per cent from last year to the first half of this year. The company expects to maintain the same level of market share in new contracts. The company's new contracts for railway construction amounted to 91.77 billion yuan in the first half, a year-on-year decline of 12.9 per cent. But Yu said as China's railway investments ...

  5. News - Hong Kong - TRANSPORT

    Final trip for fans as old Wan Chai Pier sails into history

    Posted Aug 31st 2014, 04:40am by Amy Nip

    ... development. People shared their memories of daily commutes from the pier, voiced their sadness and took the last photographs of the structure that has served them for almost half a century. ...

  6. News - Hong Kong - TRANSPORT

    Airport Authority's incentive plan for new routes encounters turbulence

    Posted Aug 26th 2014, 11:49pm by Ernest Kao

    ... over the effectiveness of an Airport Authority incentive scheme to get airlines to open up new routes, as nearly half of the newly established routes are no longer in operation. The scheme, ... HK$200 million in landing charges has been waived. Just half of the new routes are still in operation, according to the authority. The scheme's cost-effectiveness is now under question, ...

  7. News - Hong Kong - TRANSPORT

    Dog's death was unfortunate, says MTR acting CEO Lincoln Leong

    Posted Aug 26th 2014, 04:15am by TIMMY SUNG

    ... January to July, the MTR saw eight delays of more than half an hour each.   ...

  8. Business - Companies - TRANSPORT

    Smooth ride for MTR in London

    Posted Aug 29th 2014, 01:14am by SIULAN LAW

    ... to HK$7.9 billion. But first-half operations were clearly overshadowed by the lapses in the Guangzhou-Shenzhen-Hong Kong express rail link project as well as delays in the West Island and South ...

  9. Business - Companies - TRANSPORT

    Sinotrans Shipping net profit up, but glut weighs

    Posted Aug 05th 2014, 08:27pm by CHIM SAU-WAI

    ... Chim Sau-wai sauwai.chim@scmp.com Sinotrans net up sixfold but glut clouds outlook Dry bulk company Sinotrans Shipping said first-half net profit expanded sixfold to US$10 million ... for food or as animal feed for the country's pig and poultry industry. Sinotrans said it was able to adjust its operational strategy in the first half of the year. For example, in view ...

  10. News - Hong Kong - TRANSPORT

    MTR steps up escalator safety campaign

    Posted Aug 07th 2014, 04:25am by Jessie Lau

    ... accidents can and do happen when passengers fail to pay attention or follow simple safety procedures. The MTR Corporation recorded 435 escalator accidents in the first half of this year. ... to use our lift." More than half of the accidents involved children or elderly people, while passengers wearing sandals while standing too close to the edges of escalators are at particular ...




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