BUSINESS >> Companies

State Railway of Thailand issues draft terms for high-speed rail

The State Railway of Thailand (SRT) issued on Friday the draft Terms of Reference (TOR) for the construction of the second section of the first phase of Thai-Chinese high-speed rail project in Korat Province, or known formally as Nakhon Ratchasima.
Source: Xinhua-Global Times | 2018/9/28 21:58:42

US, Australia shouldn't exert political influence over Huawei's PNG operations

Chinese investment in internet infrastructure in Papua New Guinea (PNG) will help boost the local telecoms industry, and neither Australia nor the US should impose their political influence on business deals, an industry analyst said on Friday.
Source: Global Times | 2018/9/28 21:53:41

Business license for Facebook's Hangzhou office still pending: official

China has not granted a business license to Facebook Inc, which will reportedly set up a local subsidiary in Hangzhou, capital of East China's Zhejiang Province, Liu Liehong, deputy director of the China Internet Information Office, said at a press conference on Friday.
Source: Global Times | 2018/9/28 21:18:40

Professional soccer camp dawns on Sunrise Kempinski Hotel, Beijing & Yanqi Island

Yanqi Island soccer camp is coming back from October 1 to 4. Organized by Kempinski, this is the second soccer camp held by an English professional soccerer at Yanqi Hotel. For kids who love soccer and expect an excellent training, the camp can set them on the right path and offer them an exclusive experience in soccer.
Source: Global Times | 2018/9/28 20:58:41

Original musical classic, Cats, shown in Beijing; stage stirs up memories

The musical Cats appeared in Beijing Century Theatre on September 25, 2018.
Source: Global Times | 2018/9/28 20:58:40

VIPKid cooperates with the Orange County Visitors Association

VIPKid will cooperate with the Orange County Visitors Association (OCVA), based in California, to enrich their online and offline courses.
Source: Global Times | 2018/9/28 20:48:40

Architecture Design Expo 2018 to look for inheritance, integration and renaissance

With a growing building and construction market, as well as rising demands on industry standards and regulations, the Architectural Society of China (ASC), Messe München GmbH (MMG) and MMU BAU Fenestration Co., Ltd. (MMU) joined forces to announce on Tuesday that they will launch the Architecture Design Expo 2018 (Beijing) from October 31 to November 3 in the New China International Exhibition Centre in Beijing.
Source: Global Times | 2018/9/28 20:13:40

GEM's $700m nickel JV in Indonesia

Chinese battery firm GEM Co Ltd on Friday said it was teaming up with four companies to invest a total of $700 million in a project to produce battery-grade nickel chemicals in Indonesia.
Source: Agencies-Global Times | 2018/9/28 19:18:40

China's 'SpaceX' tested a thrust chamber

Beijing-based private space company LandSpace, referred by some as China's SpaceX, successfully tested an engine component on Thursday.
Source: Global Times | 2018/9/28 19:08:41

Soybean crops suffering from trade tensions

A rain-damaged soybean harvest in the US Mississippi Delta is heaping more pain on farmers already suffering from damaging trade rows between the US and China that has dragged prices to lows not seen in a decade.
Source: Reuters-Global Times | 2018/9/28 17:28:40

A fuel cell chain

Fuel cell-powered buses are parked at a hydrogen filling station in the Jiading district of Shanghai, on Thursday, marking the opening of the city's first full cell-powered bus line. The buses, which consume hydrogen and emit clean water, have a driving range of 560 kilometers, much longer than the 200-kilometer driving range of electric vehicles. The local government plans to phase in 3,000 fuel cell-powered vehicles operating in Shanghai by 2020. Photo: IC
Source: IC | 2018/9/28 17:18:42

China stocks post strong gain before holidays

China stocks ended higher on Friday, marking their second consecutive weekly gain, aided by China's stimulus measures to offset the impact of trade rows and on expectations that more Chinese shares will be included in mainstream global benchmarks.
Source: Reuters-Global Times | 2018/9/28 17:18:41

Tencent & Alibaba chase remittances

For Chinese tech giants Alibaba and Tencent, Southeast Asian domestic helpers in Hong Kong may prove to be key for their global ambitions in financial services.
Source: Reuters-Global Times | 2018/9/28 17:18:41

Dollar buoyant after upbeat data, hits nine-month high vs yen

The dollar was in fine fettle against its peers on Friday, advancing to a nine-month high versus the yen, after data reinforced upbeat views about the US economy and backed the Federal Reserve's signal for a steady course of rate increases over the next year.
Source: Reuters-Global Times | 2018/9/28 17:18:40

China's aviation companies a first-class investment

On Thursday morning, executives from 13 State-owned civil aviation companies were speaking passionately on the main stage with elaborate PowerPoints at a hotel in Beijing. Within given eight minutes, they tried to deliver as much information about their companies' future plans on attracting and merging with private capitals.
Source: Global Times | 2018/9/28 17:13:41

BMW issues warning on falling profit; cites price competition, emissions rules

German carmaker BMW warned its pretax profit would fall this year, against earlier expectations for a flat outcome, and cut its profit margin guidance for cars, blaming intense price competition following new emissions rules.
Source: Reuters-Global Times | 2018/9/28 14:58:39

As Brexit worries grow, carmakers plan for disruption

Carmakers in Britain have triggered some Brexit contingency plans such as certifying models in Europe, and they are redrawing production schedules and stockpiling more parts to defend against any loss of unfettered trade after Brexit.
Source: Reuters-Global Times | 2018/9/28 14:53:40

Amazon opens first 4-star store in New York

U.S. e-commerce giant Amazon on Thursday opened its first 4-star store in downtown Manhattan, New York.
Source: Xinhua | 2018/9/28 14:39:43