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.
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.
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.
Brief
Pay for ship crash SHANGHAI-based China Pacific Insurance Co has paid a total of 11.22 million yuan ($1.36 million) to the local Shanghai White Cat Co recently as compensation for its recent loss of raw materials. The South Korean ship "Buil," carrying 1,500 tons of White Cat's raw materials, sank in East China Sea when it collided with another South Korean ship "SunYang Cheml 1" in the mid-May. Fund for the deaf SHENZHEN-based Ping'an Insurance Co Shanghai Branch last week established a 200,000-yuan ($24,000) Cherish Fund at the 58 year-old Shanghai No 1 School of the Deaf to support the model teachers and students working and studying in the school. Educational account THE local Bank of Shanghai has launched a new "Educational Deposits" account. Customers using the product will enjoy tax-free preferential interest rates compared with other savings accounts. The bank launched an individual educational-assistance loan last August. Service for property THE Industrial and Commercial Bank of China (ICBC) Shanghai Branch is offering developers and customers of Shanghai real estate projects all-around financial services, including banking business, property management, investment, settlement and financing services via a hotline service 95588. New wireless EHOO.net, an Internet company providing fast and reliable wireless Internet services, will help you tour on-line via your mobile phone, palm-size PC and other electronic devices. The website has recently announced in Shanghai that it will launch wireless Internet services around the globe and 3.5 million subscribers in more than 100 Chinese cities can benefit from the technology. The website will set up headquarters in Hong Kong, due to open in June. Help at hand HOW can you reach the best webpage designer, website programmer and other expertise required to get your dotcom into good shape in a cost-saving way? Well, Smarterwork.com is now on your side. This global outsourcing company that links businesses with expert services all over the world recently announced the launch of its Chinese version in Shanghai. The dotcom helps companies to efficiently outsource a large variety of business services. More than 5,000 qualified service providers from all over the world a re now readily available via the site to work around the clock. Go bananas ONE of Asia's leading e-commerce specialists, Similan.com, has launched a new website in China at: www.SurfingBananas.com. The website specializes in on-line auctions, shopping and classifieds, with an emphasis on the fun and entertaining aspects of buying and selling on the net. SurfingBananas.com offers over 100 categories of products, with more than 1,000 product items offered at auction. WAP-based website EACHNET.COM has recently launched its Wireless Application Protocol (WAP)-based website wap.eachnet.com for domestic WAP mobile phone users. The users can obtain a series of services, such as Internet bidding, mobile net-surfing, stock inquiry, banking and e-mail services and free web registration via the website. Site users may win a Motorola A6188. Eefoo.com, US EEFOO.COM, one of the largest stock websites in the Chinese market, recently announced that it has opened a North American sub-website in the United States to give overseas investors a fast and efficient link with domestic stock markets. Eefoo.com is tapping the world market, said Chen Xiaofeng, CEO of the firm. IBM roadshow IBM, a global IT giant, recently took a roadshow around 16 mainland cities including Shanghai, Beijing and Guangzhou, the three leading e-business centres in the country, displaying latest on-line business solution technology and products to Chinese enterprises crafting their own business websites on the web. The circuit show also featured e-business solutions like on-line trade, on-line shop management, on-line distribution and electronic marketing which IBM jointly developed with software makers in China. The company highlighted its server product, UNIX series, and Linux series. (Star News)
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