2000 IT forum on the way
A HIGH-profile gathering of IT users and industry leaders will be held in Shanghai in the middle of the year.
Before you settle down to business here...
ARRIVING in Shanghai can be a little disorienting, even for a tourist.
Somerset confident in housing market
SINGAPOREAN property developers are still showing strong interest in the local market though the city has many empty houses.
Rumous quashed, IDD access to stay
SHANGHAI's chief telecommunications operators have denied rumours they are set to ban all IDD business for new mobile phone users in the local market.
Emery offers you quick delivery
LOOKING for somebody for a jumbo delivery to the US? Contact Emery Worldwide, which recently expanded its guaranteed "Gold Priority Express" service for shipments from Shanghai to 48 states in the United States, plus Puerto Rico, Canada, and major points in Mexico.
Government to survey commercial framework
HOW many commercial enterprises are there in Shanghai? What is the city's commercial structure?
Robin Smith: from movie child to top business woman
ROBIN Smith grew up as a Hollywood movie child.
Seek future card users
IN the 21st century, cash payment will be replaced by bank card payment, a senior Visa Inter-national executive said last week.
Website bids to be good medical guide
JUST one click, you might be interviewing with a psychologist in Shanghai, or a traditional Chinese doctor in Guangzhou.
GDP target 9%
THE city government is striving for a 9 per cent increase in GDP growth in 2000. The city achieved a 10.2 per cent increase in GDP growth in 1999, halting the decline in the GDP growth rate for the first year since 1992, said Li Liangyuan, director of Shanghai Planning Committee. The services industry achieved an over 20 billion yuan ($2.4 billion) increase over 1998. At the end of 1999, exports to Asia, the former major export destination for Shanghai, recovered, with those to Japan increasing by 16.8 per cent and those to ASEAN countries increasing by 36.5 per cent. Contracted foreign investment in Shanghai as a whole decreased by 29.8 per cent to $4.1 billion, while investment in fixed assets began to recover in 1999.
‘Waixiao' houses cheaper
THE price gap between properties available for sale to local people and those accessible to foreigners is closing fast.
New Apple products on market
APPLE Computer International Co, one of the earliest and largest computer manufacturers in the world, announced the launch of two of its new series of PC products.
Higher prices, larger capacity for cargo
By Chen Qide
SERVICES bound for the United States are expected to have more cargo this year thanks to the economic recovery in Asia. The rate of increase will move from 3 per cent to 6 per cent, said Liu Xiaoliang, a spokesman with the Shanghai Shipping Exchange. "Cargo on the Trans-Pacific services has been increasing," Liu said. Many shipping companies have not only raised prices but also expanded their shipping capacity, he said. "All of them want to get a bigger share from the bulging market," the spokesman said. Kien Hung Shipping Company has decided to join Compagnie Maritime D'affretement (CMA) to provide services bound for China, Panama, Jamaica and the East Coasts of the United States. These new services will have nine ships, each with a capacity to carry 2,500 20-foot containers, Liu said. In addition, the North Asia Shipping Company has also decided to adjust its Pacific services and will add four ships for the new services. Indexes for the west and east coasts of the United States were reported at 1,280.41 points and 1,432 points yesterday. "Due to the stable economy in Europe, many shipping companies see a bright future for the European market," Liu said. Asian shipping owners will gather for an annual meeting held in Manila on February 2 to discuss the price hike plan. They suggested that each 20-foot container should charge additional fees of $30 to $50 within the Asian region.
Copyright 2000 by Shanghai Star. All rights reserved.