Sichuan companies notch up 8-bln-yuan in procurement deals in ..
05-27-2010
- A procurement group from mainland's southwestern Sichuan Province notched up deals worth 8.1 billion yuan as of Wednesday (1.19 billion U.S. dollars) during a visit to Taiwan.
According to Xie Kaihua, head of Sichuan's ..
Philippine GDP up 7.3% in Q1
05-27-2010
- The National Statistical Coordination Board (NSCB) reported Thursday that Philippine GDP grows at 7.3% in Q1 thanks to election spending and global recovery that boosted exports.
"On the demand side, increased consumer ..
Foot dragging slows Shanxi province steel
05-27-2010
- Steel industry restructuring in Shanxi province may kick off this summer, with State-owned Taiyuan Iron and Steel Group and Shougang Group leading the province's 60 million tons of capacity consolidation.
Shanxi Steel I..
High-speed train whisks tourism and business to Fujian provinc..
05-27-2010
- The bullet train, with a speed of 250 km reduces the travel time from Fuzhou, capital of Fujian province, to Xiamen, located on the coast looking out over the Taiwan Straits, to 1.5 hours, and is hoped to boost business ..
Chinese mainland, Taiwan busy preparing for economic pact
05-26-2010
- A mainland official said here Wednesday Chinese mainland and Taiwan experts are busy preparing for their third meeting on the economic pact designed to boost cross-Strait business.
The two sides will work hard to achiev..
Sinopec to bump up refining capacity 50%
05-26-2010
- China, the world's second-largest energy consumer, will increase its annual oil-refining capacity by 50 percent between 2010 and 2015 to meet rising domestic demand, according to the country's largest refiner Sinopec.
A..
Brazil's consumer confidence rises, industry confidence falls
05-26-2010
- Brazil's consumer confidence index (ICC) reached 116.1 points in May, up 0.6 percent from April, according to a study released on Tuesday by the Getulio Vargas Foundation (FGV).
Since the beginning of the year, the ICC ..
J.P. Morgan downgrades ratings of Greek commercial banks
05-26-2010
- Financial services firm J.P. Morgan Tuesday lowered the ratings of seven Greek commercial banks due to ongoing concerns about their liquidity amid the severe economic crisis Greece faces this year.
J.P. Morgan analysts ..
Singapore's prime retail rents ranked 17th most expensive glob..
05-26-2010
- Singapore has moved up one spot to become the 17th most expensive retail location in the world, local media reported on Tuesday.
According to the latest Global MarketView report by real estate service agency CB Richard ..
Wenzhou wealthy look to commercial property
05-26-2010
- To invest in commercial properties or pour money into luxury apartments, this has been the question frustrating Wenzhou businessman Alex Wang since the government launched its rigorous policies to curb speculative home p..