Monthly Archives: March 2014

The new ‘silk road’, a rail link from China’s factories to Europe

Posted on March 31, 2014 by thomasdinnocenzi

One of the world’s longest railways — a “modern-day silk road” — covers some 11,000 kilometres (7,000 miles) en route from the Chinesee megacity of Chongqing to Duisburg, a key commercial hub in western Germany. On Saturday, as part of … Continue reading →

Posted in Business, Economy, Global Sourcing | Tagged Asia, business, Central Asia, china, commercial, containers, economy, Europe, freight, Germany, Hub, industrial, Manufacturer, partner, port, railways, seaports, silk road, trade, transport | Leave a comment

China oil giants enjoy profit rises despite weak economy

Posted on March 28, 2014 by thomasdinnocenzi

China’s major onshore oil firms Sinopec and PetroChina said profits rose in 2013, despite weakness in the world’s second largest economy. Sinopec — a listed unit of China Petrochemical Corp — saw net profit edge up 3.5 per cent year … Continue reading →

Posted in Business, Economy, Global Sourcing | Tagged Asia, business, china, demand, domestic, economy, Global, growth, industrialisation, industry, market, oil, petrochemical, Profit, trading, urbanisation | Leave a comment

Myanmar reboots troubled airport tender

Posted on March 27, 2014 by thomasdinnocenzi

Myanmar is re-launching a tender to build a second international airport near its main city after the winning South Korean bid hit problems funding the $1.5 billion project, a senior aviation official said Monday. The country has temporarily suspended the … Continue reading →

Posted in Business, Economy, Global Sourcing | Tagged airport, aviation, bid, bidders, construct, destination, development, European, flights, funding, government, Hub, infrastructure, international airport, Investment, Loan, myanmar, passengers, Project, South Korea, southeast asia, tender, visitors, Yangon | Leave a comment

Some segments of shipping industry showing signs of recovery

Posted on March 26, 2014 by thomasdinnocenzi

The shipping industry has had to navigate rough waters since the end of a boom in 2008. But industry watchers have said certain segments are starting to show signs of recovery, and as a result, more funding is flowing back … Continue reading →

Posted in Business, Economy, Global Sourcing | Tagged ASEAN, Asia, bulk, china, finance, freight, funding, Hub, industry, Malaysia, Middle East, opportunity, private equity, recovery, shipping, Singapore, South Asia, southeast asia, Thailand, vessel | Leave a comment