Michelin sells safe driving
GLOBAL tyre maker Michelin Group has launched a programme aimed at educating student drivers about the correlation between tyre maintanence and road safety.
Suzhou Creek renewal aids seller
A DEVELOPER of Tianding Garden, located at Suzhou Road West, is expecting better sales of the residential property with the official launch of the revamping project of Suzhou Creek by local government.
Banks unload bad loans
THE establishment of China Orient Asset Management Co (COAMC) last month, has brought to four the State-owned national asset management firms since last April, when China Xinda Asset Management Co - the first national asset management firm - made its business debut in Beijing.
Local dotcoms up in arms about tactics
PORTALS in China say the launch of the government-funded Eastday.com website has not adversely affected their membership or visitor numbers.
Eastday debut a smash
MORE than 50,000 Internet users bombarded Eastday.com within minutes of its launch on May 28, all trying to be among the first batch of registered users, said staff with the new website.
Dow Corning to expand westwards
CHINA'S entry into the World Trade Organization (WTO) will be a tremendous business opportunity for Dow Corning to strengthen its presence in the market that has one quarter of the world's consumers, a senior manager of the US-based global silicon material giant said.
Trains for metro, light rails arrive
NEW metro trains to be used on Metro Line 2 and the elevated light track under construction have arrived in Shanghai from Germany.
US helps export index stay buoyant
THE composite index for China's export containers was reported at 1,179.02 points yesterday, up 1.8 per cent last week.
GM leads the way with more choice in cars
WITH the new GM e-concept car, driving is about much more than getting from A to B.
Live the e-life at downtown property
HONG Kong-based Shui On Properties Ltd and Shanghai Zhonghong Group, developers of Ruihong Xincheng residential estate, have teamed up with IBM to provide multimedia e-living infrastructure. Every apartment in the Ruihong property, one of the largest projects in the downtown area, will have a bandwidth of 10 megabites to allow for high speed transmission. Residents can access information about the community, such as property management, club bookings and other services on-line. A community IC card will not only allow residents to enter the living quarters and parking lot, it will also work as electronic currency to pay for property management fees and other community services, according to Hei-Ming Cheng, general manager of the Ruihong Xincheng project. Ruihong Xincheng is the largest old-town redevelopment project in Shanghai. It occupies an area of 400,000 square metres in the city's northeast Hongkou District and has a total of 1.8 million sqms of buildings, including 18,000 apartments. Sales of the second group of four high-rise buildings will start this week at the Shanghai real estate fair. About 90 per cent of the apartments in the first group of three high-rise buildings have already been sold to clients who are company board members, general managers, lawyers, doctors, professors and senior white-collar workers. (Star News)
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