Tender and Business News
Finland-based Kalmar, a provider of cargo handling solutions and services, and California-based Navis, part of Kalmar Business Area within Cargotec, have been contracted to supply a state-of-the-art, fully automated intermodal terminal solution for Qube’s Moorebank Logistics Park (MLP) in south-western Sydney, Australia.
In a radical departure from conventional telecom solutions, The Dubai Frame, a new architectural landmark in Dubai, includes an embedded multi-operator, multi-band and multi-technology Comba Telecom wireless network services within the enormous rectangular landmark.
A new artificial intelligence technology installation at Taiwan Power Company's Linkou Thermal Power Plant has demonstrated improved fuel economies amounting to as much as $1 million in annual savings. Mitsubishi Hitachi Power Systems (MHPS) developed this innovative solution.
China's long-term plan for global economic growth received a major boost on June 7, when 23 institutions of higher learning in Shenyang province signed up to be a part of the "One Belt and One Road" university alliance.
Air Products, an industrial gases company headquartered in Allentown, Pennsylvania, recently announced it will install energy storage systems at its industrial gas sites in Gumi City, as well as Onsan and Yongyeon of Ulsan City, South Korea.
On June 6, Air China and Air Canada signed the first ever joint venture agreement between a North American airline and a Chinese airline.
Dubai-based developer Nakheel just signed a contract to develop a choreographed fountain to be built at The Pointe, the company's new AED800 million waterfront dining and entertainment destination in Palm Jumeirah in Dubai.
The Andrews Labor Government has kicked into high gear to promote the idea that Victoria is the right place for the new Australian space agency. This would bring new jobs, boost the state's economy, and provide a major push forward for the area's thriving state industry.
Shinagawa, Tokyo, based Showa Aluminum Can Corporation (SAC), just completed construction of a new factory for its subsidiary Hanacans in Da Nang City, Quang Nam Province in mid-Vietnam.
Wuxi Suntech Power Co., Ltd., a Chinese producer of solar panels headquartered in Wuxi, Jiangsu, announces that Suntech and Voltalia, a power producer and service provider in renewable electricity production, signed a framework agreement to purchase solar panels until June 2019.
Taoping, Inc., a cloud-based ad terminal and service provider of digital advertising distribution network and new media resource sharing platform, has signed contracts for the sales of 5,000 TAOP cloud-based elevator ad terminals to be installed in office buildings and residential communities throughout Wuhan in China.
BASF, a producer and marketer of chemicals and related products has started operations at a new electronic-grade sulfuric acid (H2SO4) plant in Jiaxing, China.
In parallel with a recent announcement about a major new capital raise by Chinese fintech firm Ant Financial, Limited, Canada Pension Plan Investment Board (CPPIB) just announced it will be investing US $600 million in the company.
Indonesia was just granted a total of $1 billion from the Asian Development Bank. The purpose is to help the country implement further fiscal and public expenditure reform while still allowing for new investments to reduce poverty and income inequality.
Dubai-based National Bonds, a savings and investment company, and SHUAA Capital psc, a major integrated financial services firm also in the United Arab Emirates, have formed a joint venture in Saudi Arabia to develop a variety of new savings and investment programs within the country.
India is getting help with its challenges in transportation thanks to a new partnership between the World Resources Institute (WRI) and the Toyota Mobility Foundation (TMF).
In a sign of the importance of nuclear weapons policy in the 21st century, Nagasaki University's Research Center for Nuclear Weapons Abolition (RECNA) just published the first issue of its new Journal for Peace and Nuclear Disarmament (J-PAND).
To help stimulate the Russian economy, Vnesheconombank and China Development Bank (CDB) have executed a framework agreement to provide over 600 billion rubles to the country. The agreement was timed in conjunction with the Russian President's state visit to China.
Korea Midland Power Co., Ltd. (KOMIPO), has placed an order with Mitsubishi Hitachi Power Systems, Ltd. (MHPS) and its group company Mitsubishi Hitachi Power Systems Environmental Solutions, Ltd. (MHPSES) for environmental upgrade work at Unit 3 of its Boryeong Power Station.
Hitachi, Ltd. and telecom provider KDDI just announced their partnership in developing the KDDI IoT Worldwide architecture. The collaboration wil support corporate clients with services ranging across all aspects of IoT connectivity, serivicing and data analysis.
The Westfield retail property group of Australia has now officially been acquired by the European Unibail-Rodamco group to form Unibail-Rodamco-Westfield. Together they own and operate 102 shopping centers in 13 countries, with over 1.2 billion shopper visits every year.
CellOS Software, a big data analytics company with principal offices in Melbourne, Australia, Singapore, and India, has landed a contract with AIS Thailand for Analytics of Revenue Assurance and Revenue Management.
China-based Ant Financial, also known as Ant Small and Micro Financial Services Group Co., Inc., just announced it has landed approximately US $14 billion of Series C equity financing. It is the most valuable fintech company in the world, with a total value over $150 billion -- bigger even than Goldman Sachs.
ISS of Northbrook, Illinois and provider of janitorial and other services, has secured a facility services contract with the Australian state of Victoria.
The water treatment plant in Kosti City, Sudan, is receiving a grant the Government of Japan to help cover improvements and upgrades to its water treatment plant.
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