PASAY CITY, Philippines, Aug. 9, 2023 /PRNewswire/ — SM Investments Corporation (SM Investments) reported a consolidated net income of PHP36.5 billion in the first six months, up 32% from PHP27.7 billion in the same period last year. Consolidated revenues rose 18% to PHP286.3 billion in the January to June period from PHP242.6 billion in the same… Continue reading SM Investments net income grows 32% to PHP36.5bn in H1 on strong consumer confidence
Tag: Strategy
MDA SELECTED AS PRIME SATELLITE CONTRACTOR FOR TELESAT LIGHTSPEED ADVANCED CONSTELLATION
$2.1B contract for 198 satellites is the largest award in MDA’s history BRAMPTON, ON, Aug. 11, 2023 /PRNewswire/ – MDA Ltd. (TSX: MDA), a leading provider of advanced technology and services to the rapidly expanding global space industry, today announced it has been selected as the prime contractor for Telesat’s (NASDAQ: TSAT) (TSX: TSAT) revolutionary… Continue reading MDA SELECTED AS PRIME SATELLITE CONTRACTOR FOR TELESAT LIGHTSPEED ADVANCED CONSTELLATION
Heramba to Acquire Kiepe Electric, A Global Leader in Sustainable Urban Transportation
BERLIN, Aug. 10, 2023 /PRNewswire/ — Heramba GmbH and Heramba Holdings Inc. (“Heramba”) today announced that it has entered into a definitive agreement with subsidiaries of Knorr-Bremse Aktiengesellschaft to acquire Kiepe Electric, a company focused on decarbonization of commercial and public transportation. Kiepe Electric is a global leader in the electrification of road and rail urban… Continue reading Heramba to Acquire Kiepe Electric, A Global Leader in Sustainable Urban Transportation
‘Serious engagement from inquiry to delivery is key to retaining customers:’ Veejay Nakra
Serious engagement right from inquiry to delivery is the key to retaining buyers in the intensely competitive environment and the era of long waiting periods. That’s the word coming in from industry veteran Veejay Nakra. Speaking on the topic of consumer retention in an interaction with Hormazd Sorabjee, Editor, Autocar India, the President of the automotive division… Continue reading ‘Serious engagement from inquiry to delivery is key to retaining customers:’ Veejay Nakra
‘We are planning to be the fifth largest tyre player by the end of 2025’: Harinder Singh
Most of India’s passenger car OEMs are expected to post strong performance results and going by the double-digit boom registered by some players. Naturally, it’s encouraging news for tyre makers, especially those who are watching the developing market trends. At the current rate, the country’s tyre industry has strong potential to more than double its… Continue reading ‘We are planning to be the fifth largest tyre player by the end of 2025’: Harinder Singh
@niche: Workhorse Encourages Stockholders to Vote FOR Long-term Growth and Stockholder Value Creation002869
Workhorse Group, Inc. Encourages Stockholders to Follow ISS and Glass Lewis’ Recommendations to vote “FOR” Proposal to Increase Workhorse’s Authorized Shares CINCINNATI, Aug. 10, 2023 (GLOBE NEWSWIRE) — Workhorse Group Inc. (Nasdaq: WKHS) (“Workhorse” or “the Company”), an American technology company focused on pioneering the transition to zero emission commercial vehicles, today mailed an infographic… Continue reading @niche: Workhorse Encourages Stockholders to Vote FOR Long-term Growth and Stockholder Value Creation002869
Seaports to Deploy Over 370,000 Autonomous Guided Vehicles by 2030 to Alleviate Congestion
NEW YORK, Aug. 9, 2023 /PRNewswire/ — The maritime industry has drastically surged its automation efforts in the wake of global seaport congestion. In addition to solutions such as gantries, automated port gates, and stacking cranes, autonomous horizontal transport modes such as Automated Guided Vehicles (AGVs) that transport containers and loads to and from ships… Continue reading Seaports to Deploy Over 370,000 Autonomous Guided Vehicles by 2030 to Alleviate Congestion
SM Investments net income grows 32% to PHP36.5bn in H1 on strong consumer confidence
PASAY CITY, Philippines, Aug. 9, 2023 /PRNewswire/ — SM Investments Corporation (SM Investments) reported a consolidated net income of PHP36.5 billion in the first six months, up 32% from PHP27.7 billion in the same period last year. Consolidated revenues rose 18% to PHP286.3 billion in the January to June period from PHP242.6 billion in the same… Continue reading SM Investments net income grows 32% to PHP36.5bn in H1 on strong consumer confidence
Nantong High-tech Zone to lure more projects in key sectors
SHANGHAI, Aug. 11, 2023 /PRNewswire/ — In recent years, Nantong has benefited from multiple national strategic opportunities, such as the Yangtze River Economic Belt and the integration of the Yangtze River Delta. By 2022, Nantong’s GDP reached 1.14 trillion yuan, ranking 23rd among major cities nationwide and 5th among prefecture-level cities. Nantong High-tech Zone was established… Continue reading Nantong High-tech Zone to lure more projects in key sectors
SG’s CapitaLand raises $950m from global investors for three private fundsCapitaLand posted a 19% drop in net profit to S$351m in H1 2023.
CapitaLand Investment Limited (CLI) has raised an additional S$1.3 billion ($950 million) from global institutional investors for three private funds. According to a company statement on Friday the fresh capital will be distributed across the three funds as follows: S$870 million ($650 million) will go to CapitaLand China Opportunistic Partners Programme (CCOP Programme) S$134 million… Continue reading SG’s CapitaLand raises $950m from global investors for three private fundsCapitaLand posted a 19% drop in net profit to S$351m in H1 2023.