Bharatiya Janata Party (BJP) president Nitin Gadkari Saturday said his party favoured resumption of the India-Pakistan dialogue, but only after Islamabad dismantled all terrorist training camps in its territory and stopped cross-border terrorism from its soil. Speaking to Indian journalists in Beijing, Gadkari said Pakistan has failed to take action against the perpetrators of the [...]
Posts Tagged ‘Guangzhou’
No dialogue till Pakistan stops terrorism: Gadkari
January 22nd, 2011 |
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Gadkari in Beijing for five-day visit
January 20th, 2011 |
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There is “consensus across the political spectrum in India for cooperative and cordial ties with China”, said BJP president Nitin Gadkari, who is here on a five-day visit. Gadkari, who arrived here Wednesday, said he was looking forward to meetings with senior leaders of the Chinese Communist Party for talks on a wide-range of issues. [...]
Hitachi’s Consulting Arm Buys Offshore Developer Sierra Atlantic
January 4th, 2011 |
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Sierra Atlantic’s offshore development locations in Hyderabad, India, and Guangzhou, China, will expand Hitachi Consulting’s presence in the data center middleware and application integration markets. – Hitachi Consulting, the global consulting division of Japan’s
Hitachi Ltd., said Jan. 4 that it has acquired Oracle and Microsoft enterprise
application developer Sierra Atlantic of Newark, Calif.
Terms of the transaction were not disclosed.
Because Sierra Atlantic has offshore development locat…
China Taisan’s net profit soars to $11.8m for 3Q on Asian Games demand
November 11th, 2010 |
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SGX Mainboard- and Taiwan Stock Exchange-listed China Taisan Technology Group Holdings, the producer of knitted performance fabrics, posted a seven-fold year-on-year (y-o-y) increase in net profit to RMB60.7 million ($11.8 million) for 3Q2010, backed by a strong turnover of RMB322.2 million, which went up 117.0% y-o-y riding on the strong demand for sportswear arising from the coming Guangzhou 2010 Asian Games.
Synear posts 45% fall in 3Q net profit to $3.7m
November 1st, 2010 |
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Synear Food Holdings, the China manufacturer of dumplings and frozen food, say net profit for the third quarter ended September 30, 2010 fell 45.2% to RMB18.95 million ($3.7 million) due to higher cost of sales. Revenue fell 2.4% to RMB 398.90 million.
Its earnings were also hit by the higher amortisation and depreciation costs for its new Zhengzhou and Guangzhou factories.
Synear expects the economic climate and business conditions to remain very challenging in 4Q due to the rising raw material prices and labour costs. As a result, it is postponing the start of the operations at its new Guangzhou plant.
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United Envirotech +1.0%; Completes mega project
October 1st, 2010 |
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United Envirotech (U19.SG) +1.0% at $0.49, may end on positive note for 3rd straight day, underpinned by China-based wastewater treatment firm’s completion of mega underground plant in Guangzhou City, says Dow Jones.
RMB264 million contract to set up plant, largest of its kind in China, secured in November last year, expected to boost UE’s earnings from FY10.
United Envirotech completes Asia’s largest underground membrane-based wastewater recycling plant
September 30th, 2010 |
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Mainboard-listed United Envirotech, one of the leading membrane-based water and wastewater treatment solutions providers, says it has completed Asia’s largest underground municipal Membrane Bioreactor (MBR) plant in Guangzhou city.
The contract, worth a total value of RMB264 million ($51.9 million), has a design capacity of 100,000 cubic metres per day. With an underground depth of 20metres, the Jing Xi MBR plant takes up the smallest ground area among all wastewater treatment plants in China, 1/10 of a traditional water and wastewater treatment plant.
Ouhua Energy Holdings – Corporate moves
August 26th, 2010 |
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Victor Jia Bin has been appointed CFO wef Aug 20
Work experience: Audit manager, Deloitte Touche Tohmatsu CPA Ltd, Guangzhou Branch; audit manager, Guangdong Qinmingxing Certified Public Accountants Co Ltd
United Envirotech’s 1Q net profit more than double to $4.2m
August 10th, 2010 |
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Mainboard-listed United Envirotech says it achieved a net profit growth of 284.9% to $4.2 million for the first three months ended 30 June 2010 (1Q FY2011) on the back of a 152.8% growth in revenue to $22.4 million in 1Q FY2011.
United Envirotech says the growth was due to higher engineering income recognised mainly arising from the Guangzhou EPC project which has been completed.
Synear Food off 1.9%; 2Q results below view: Deutsche Bank
August 3rd, 2010 |
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Synear Food (Z75.SG) off 1.9% at $0.26 on 2Q10 profit fall, management’s warning of challenging business conditions in coming year, according to Dow Jones.
Earnings down 10.6% on year at RMB41.1 million ($8.2 million) as increased operating expenses offset modest revenue growth. China-based frozen food maker’s guidance hardly changed from 1Q10’s, with company still deferring commencement of operations at its new Guangzhou plant until market conditions turn favourable.
United Envirotech secures $6m contract to upgrade membrane bio-reactor plant
July 22nd, 2010 |
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Mainboard-listed United Envirotech, the membrane-based water and wastewater treatment solutions provider, says its subsidiary in China, Novo Envirotech (Guangzhou) Co Ltd, secured a RMB30 million ($6.1 million) contract to supply its Membrane Bio-reactor (MBR) system for the Phase II of the existing MBR wastewater treatment plant in Taixing Chemical Industrial Park located at Jiangsu Province, China.
Yeo Hiap Seng acquires land in Foshan to relocate its manufacturing facilities
July 14th, 2010 |
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Yeo Hiap Seng says the group has agreed to acquire 25,000 sqm of land in Sanshui, Foshan, China, from Foshan Municipality Sanshui Central Technology District Xinan Industrial Park.
Yeo Hiap Seng plans to move its current manufacturing facilities in Guangzhou city to Sanshui as it has been notified by the Guangzhou authorities to cease manufacturing at its current premises by 2012. The new factory is expected to be operational by early 2012.
Armstrong Industrial Corporation rated outperform by CIMB
June 21st, 2010 |
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CIMB in a June 18 research report says: “We visited Armstrong’s Guangzhou plant earlier this week and came away positive on the progress of its automotive components business in China. We have left our FY2010-2012 profit forecasts intact.
Sania will continue to play for India: AITA
April 1st, 2010 |
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Quashing rumours of Sania Mirza playing for Pakistan after her marriage to cricketer Shoaib Malik, All India Tennis Association (AITA) Thursday issued a statement confirming her participation for India till the 2012 Olympics.
“Sania Mirza and her parents have informed AITA that she will continue to play for India after her marriage with Shoaib Malik,” AITA [...]
More Chinese clubs face action
February 25th, 2010 |
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More Chinese clubs are being investigated for match-fixing and will be harshly punished if found guilty, according to the new head of the Chinese Football Association. “Guangzhou, Chengdu and Qingdao are not the only clubs under investigation,” said Wei Di, whose predecessor Nan Yong was one of
Southern Packaging Group – Corporate moves
January 29th, 2010 |
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Chen Xiang Zhi has been appointed ED wef Jan 26
Work experience: Director deputy GM, Guangzhou Light Industry & Trade Group Ltd; chairman, Guangzhou Lonkey Co, Ltd, China; deputy chairman, Meadjohnson Nutrition (China) Co, Ltd
China unveils fastest train link
December 27th, 2009 |
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China yesterday unveiled what it billed as the fastest rail link in the world – a train connecting the modern cities of Guangzhou and Wuhan at an average speed of 350 kilometres an hour. The super-high-speed train reduces the 1,069 kilometre journey to a three hour ride and cuts the previous
Memstar Tech wins $12.3m contract to supply membrane products to future Guangzhou wastewater treatment plant
November 3rd, 2009 |
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Memstar Technology has been awarded a RMB60 million ($12.3 million) contract to supply membrane products to a wastewater treatment plant being built by the Guangzhou municipal government.
The plant, with a capacity of 100,000 cubic metres/day, is based on Membrane Bioreactor (MBR) technology and upon its completion in June 2010, will be the largest MBR plant in China.
United Envirotech to build one of China’s largest membrane bioreactor plants for $54m
November 3rd, 2009 |
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Mainboard-listed United Envirotech, one of the leading membrane-based water and wastewater treatment solutions providers, has secured an engineering, procurement, and construction (EPC) contract to build one of China’s largest municipal Membrane Bioreactor (MBR) plants in Guangzhou City. The contract, which is worth a total of RMB264 million ($54 million), is expected to be completed by June 2010 and to positively impact FY2010 performance.
The aggregate contract value of RMB264 million includes a one-year operations and maintenance contract for the plant.
Out of Africa and into China as emigres struggle
August 21st, 2009 |
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Sweating heavily and yelling at Chinese police officers, a group of Nigerians dragged the lifeless body of an injured compatriot up to a Guangzhou police station, blood dripping from a deep gash on his head. Around them, a crowd of over one hundred Africans chanted, some holding sticks as