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Charitable donations from 67 centrally administered state-owned enterprises (SOEs) totaled 181 million yuan (27.83 million U.S. dollars) in the first quarter of 2011, official data showed on Friday. The donations were mainly used for disaster-relief work, poverty reduction and public welfare, according to figures published on the official website of the S...
Asia Pacific trade ministers discussed ways on Thursday to maintain the momentum for pushing forward the current deadlocked multilateral trade talks. Admitting huge challenges ahead for the Doha Round, trade ministers from 21 economies of the Asia-Pacific Economic Cooperation (APEC) are seeking ways to break the deadlock. "I will be holding a Trade Nego...
More than 50 percent of export businesses in Australia with annual turnover of up to 500 million AU dollars nominate the 91 U.S. cent-mark as their pain threshold, research from Commonwealth Bank of Australia (CBA) showed on Friday. It's been eight months since the local dollar traded below 91 U.S. cents. "The bottom line: exporters are hurting at curr...
The International Energy Agency on Thursday urged oil producing countries to increase their supplies to avoid further surges in prices and eventual economic downturns. After its quarterly meeting, the Paris-based advisory agency feared that an additional rise in oil prices would further affect economies already struggling on the economic recovery path. ...
The U.S. government said Thursday it is conditionally committed to providing 737 million U.S. dollars in loan guarantee for the Crescent Dunes Solar Energy Project in Nevada. The project, sponsored by SolarReserve, LLC, includes a 110-megawatt molten salt concentrating solar power (CSP) tower generating facility, the Department of Energy said in a stateme...
International companies need to better understand Chinese consumers and implement effective strategies before they could tap the tremendous potential of the Chinese market, U.S. experts told a business forum here recently. "China is a very fast developing country with 1.3 billion consumers. We simply cannot treat this population like one segment," Leon Bi...
SINGAPORE has announced that in April its non-oil domestic exports (NODX) decreased by 3.6 per cent on a month on month seasonally adjusted basis, following the previous month's three per cent decline. Such exports contracted by 1.8 per cent in April year on year, compared to the 9.9 per cent increase seen the previous month, due to a decline in electro...
MOODY's rating agency has declared that container carrier credit has improved greatly since the 2009 global downturn, and that rates will recover and the second and third quarters will show improvement, reported London's Containerisation International. "The negative effects of the 2009 recession continue to diminish and while we don't expect to see 12 ...
Port of Tallinn is the biggest port authority in Estonia and as far as both cargo and passenger traffic are taken into account, the biggest port on the shores of the Baltic Sea.
Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi
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