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
Tag: Strategy
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.
Japan weighs tax break for domestic EV battery, chip productionThe planned scheme would reduce corporate taxes based on output of batteries and chips.
Japan plans to create tax breaks for domestically-made electric vehicle (EV) batteries and semiconductors from April 2024 to enhance economic security, the Nikkei newspaper reported on Friday. The move would follow similar industrial policies in the United States and European Union aimed at encouraging companies to bring production home from China, and would also facilitate… Continue reading Japan weighs tax break for domestic EV battery, chip productionThe planned scheme would reduce corporate taxes based on output of batteries and chips.
NETA AUTO COMING TO ESTABLISH AND SUSTAIN IN INDONESIA
HELLO INDONESIA, THIS IS NETA JAKARTA, Indonesia, Aug. 10, 2023 /PRNewswire/ — Since one year after being introduced overseas, this year, NETA, is established and officially introduced in Indonesia through the Gaikindo Indonesia International Auto Show (GIIAS) 2023 exhibition. As an automotive brand that was first introduced to China mass market back in June 2018 and… Continue reading NETA AUTO COMING TO ESTABLISH AND SUSTAIN IN INDONESIA
Saudi Arabia’s New Airline Signs its First Sports Sponsorship Deal with Leading Spanish Football Club
– Riyadh Air, Saudi Arabia’s world-class, digitally-led airline and leading Spanish and European football club Atlético de Madrid announce historic partnership – The multiyear agreement will see Riyadh Air as main sponsor and official airline partner – The airline continues to reveal major milestones ahead of its first flight in 2025 MADRID, Aug. 10, 2023… Continue reading Saudi Arabia’s New Airline Signs its First Sports Sponsorship Deal with Leading Spanish Football Club
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
Abu Dhabi’s Department of Municipalities and Transport Accelerates Smart Transport Project, Paving the Way for a Sustainable and Eco-Friendly Future
The Project Provides Residents on Yas and Saadiyat Islands with 8 Robotaxis and 4 Minibuses, Serving Over 5,000 Registered Users and Fulfilling 17,000 Orders ABU DHABI, UAE, Aug. 8, 2023 /PRNewswire/ — In line with the vision of the wise leadership to make Abu Dhabi’s cities smarter and more sustainable, the Integrated Transport Centre (ITC) of the Abu… Continue reading Abu Dhabi’s Department of Municipalities and Transport Accelerates Smart Transport Project, Paving the Way for a Sustainable and Eco-Friendly Future
TransDigm Group Reports Fiscal 2023 Third Quarter Results
CLEVELAND, Aug. 8, 2023 /PRNewswire/ — TransDigm Group Incorporated (NYSE: TDG), a leading global designer, producer and supplier of highly engineered aircraft components, today reported results for the third quarter ended July 1, 2023. Third quarter highlights include: Net sales of $1,744 million, up 25% from $1,398 million in the prior year’s quarter; Income from continuing… Continue reading TransDigm Group Reports Fiscal 2023 Third Quarter Results
Beond Holding Successfully Closes Over US$17M Seed Round to Establish World’s First Premium Leisure Airline
DUBAI, UAE, Aug. 8, 2023 /PRNewswire/ — Beond, the world’s first premium leisure airline, is pleased to announce the successful completion of over US$17M Seed Round from a group of esteemed investors. The round was oversubscribed, reflecting the strong confidence and belief in Beond’s vision and potential. Participants included family offices, angel investors, and strategic… Continue reading Beond Holding Successfully Closes Over US$17M Seed Round to Establish World’s First Premium Leisure Airline
Saudi Arabia’s New Airline Signs its First Sports Sponsorship Deal with Leading Spanish Football Club
– Riyadh Air, Saudi Arabia’s world-class, digitally-led airline and leading Spanish and European football club Atlético de Madrid announce historic partnership – The multiyear agreement will see Riyadh Air as main sponsor and official airline partner – The airline continues to reveal major milestones ahead of its first flight in 2025 MADRID, Aug. 10, 2023… Continue reading Saudi Arabia’s New Airline Signs its First Sports Sponsorship Deal with Leading Spanish Football Club