News Service

  • January 19, 2000
    Vietnam's leading computing company, Financing and Promoting Technology Corporation (FPT) has set up a "purpose-built software zone" in Hanoi as part of the company's "ambitious efforts to catch the world's leading IT exporters" and plans to hire more than 100 software engineers to start. FTP has two technology centres - in Hanoi and HCM City -- in conjunction with software company APTECH of...
  • January 19, 2000
    Altachem Pharma Ltd., an Edmonton-based pharmaceutical company which manufactures, develops and distributes pharmaceutical products, has signed a joint venture agreement with Jiangwan Industrial and Commercial Company of Shanghai to establish a joint venture company. The new company, Shanghai Hua Gao Pharmaceutical Pellet Core Company Ltd., in Baoshan district, Shanghai, "will manufacture and...
  • January 19, 2000
    Philippines Airlines Inc. plans to expand its route network this year to North America, Europe, Australia and the Middle East. The airline is currently seeking landing and service rights in several cities -- including "unspecified" Canadian cities. The airline plans to have all details finalized by year-end.
  • January 19, 2000
    The New Zealand Press is reporting that the Canadian Tourism Council's annual travel show -- called Canada Calls 2000 - will be in Christchurch next week. The Council's show is offered as a one-stop opportunity to get information on travel packages to Canada and talk to industry representatives. Air Canada, Canadian Airlines, and Air New Zealand will have representatives available. The article...
  • January 18, 2000
    Taisugar, the Taiwanese state-owned sugar corporation, signed a contract with DGH Engineering Ltd., of St. Andrews, Manitoba, for a hog-farming project in Alberta. Taisugar has contracted DGH Engineering to purchase and build the hog farms. The Taiwanese company will invest US$ 25.93 million in the farms that are expected to produce 130,000 hogs annually.
  • January 18, 2000
    The China Everbright Group Ltd. and Sun Life Assurance Company, which announced last month that they have formed a strategic alliance to enter the insurance market in China, are considering a number of cities, including Tianjin, to locate their joint venture. The company will extend service to other cities "subject to market and regulatory conditions." Chinese sources say that "with the combined...
  • January 18, 2000
    Toyota Motor Corporation announced that they will increase vehicle production capacity at all three plants in North America -- including the vehicle assembly plant in Cambridge, Ontario. The company recently announced a plan to increase capacity in North America by 16%. Details of the expansion plans have not been released.
  • January 18, 2000
    Ralph Goodale, Minister of Natural Resources Canada, will be leading a trade and investment mission to China, South Korea and Japan -- part of the ministry's trade and investment strategy to promote the country's natural resources. The 13-day mission begins January 22. The Department of Foreign Affairs and International Trade is organizing the trade mission, with the assistance of the Canada-...
  • January 18, 2000
    Singapore Airlines will join Star Alliance this spring. Star Alliance plans to expand in eastern Europe and Asia, and, according to industry sources, hopes to include a Chinese carrier in the alliance this year. Alliance members are Air Canada, Air New Zealand, All Nippon Airways, Ansett Australia, Lufthansa German Airlines, Scandinavian Airlines System, Thai Airways International, United...
  • January 17, 2000
    Organizers of the 2000 Olympic Games in Sydney, Australia, have awarded orders to Moving Products, Inc. -- a Canadian hospitality outfitter -- to make 35,000 deluxe "his and hers" kit bags for guests of corporate sponsors of the Games. The kits will contain a selection of sportswear, as well as stationery items and amenities bags, and will be customized for each sponsor, incorporating company...
  • January 17, 2000
    Bombardier Aerospace, of Montreal, announced that it has received an order from The Fair Inc. of Tokyo for two Canadair Regional Jets that will be used on business-oriented regional routes within Japan. Delivery is scheduled for 2002. The Fair Inc. will be assisted by All Nippon Airways in the operation of the Canadair jets.
  • January 17, 2000
    TransAlta Corporation, an electrical energy firm headquartered in Calgary, announced today that it plans to sell its controlling interest in TransAlta New Zealand, that country's largest electricity retailer. Australian Gas Light, through its subsidiary Natural Gas Corp., has offered to buy TransAlta Corp.'s 75.8% share of TransAlta New Zealand, for between C$600 million and C$660 million. The...
  • January 17, 2000
    The Actor's Working Academy (AWA) of Vancouver will open an acting school in New Delhi next month, to meet the demand for "Hollywood style" acting in India, which has the world's largest film industry. Located in one of New Delhi's five-star hotels, the school will charge a fee of US$5,000 for a six-month course, and will follow the curriculum of AWA in Vancouver.
  • January 17, 2000
    Brampton, Ontario-based Atlantis Aerospace Corp. has announced the purchase of an Airbus A320 Level 4+ Flight Training Device by China Eastern Airlines (CEA), based in Shanghai, after successful completion of on-site testing of the device. CEA has eleven A320 aircraft in its fleet, with an additional seven on order.
  • January 14, 2000
    Vancouver-based Ballard Generation Systems, a subsidiary of Ballard Power Systems Inc., has entered an agreement with Tokyo Gas Co., as well as Ebara Ballard and Ebara Corp., to jointly develop a fuel processor for a one-kilowatt, natural gas-fuelled fuel cell power generator, to be targeted at the Japanese market. The agreement will focus on developing a fuel processor which will provide...
  • January 14, 2000
    International Trade Minister Pierre Pettigrew announced that Canada may be chosen as the next site to restart the World Trade Organization (WTO) trade talks for the first time since the negotiations collapsed in December of last year. Mr. Pettigrew made the statement after meeting with US Trade Representative Charlene Barshefsky and other American officials. WTO members have been bound by the...
  • January 14, 2000
    Roger Jordoin, First Secretary (Development) of the Canadian High Commission, told a meeting in Rawalpindi, Pakistan that the Canadian International Development Agency (CIDA) intends to strengthen its long-term relations with the private sector in that country. The announcement was made at a meeting with members of the Rawalpindi Chamber of Commerce and Industry (RCCI). Mr. Jordoin added that...
  • January 14, 2000
    Hyundai Motors, Kia motors, and Daewoo Motors are, according to industry sources, making plans to increase their car shipments to North America by more than 40% during this year by offering a series of new models. This would mean a total of 470,000 cars will be exported to Canada and the United States this year. Hyundai Motors, which saw its exports to North America rise 75% in 1999 from the year...
  • January 14, 2000
    Birla Sun Life Asset Management Co., the joint venture mutual fund company created by Sun Life Assurance Co. of Canada, has enjoyed "explosive" growth since its inception seven months ago. The company, created last May when Sun Life bought a 50% stake in Aditya Birla Group of India's Asset Management Unit, has seen its assets rise to C$1.38 billion from less than 445 million. Birla Sun Life...
  • January 13, 2000
    Chinfon-Manulife Insurance Co., of Vietnam, a joint venture that is 60% owned by Manulife Financial Corporation, of Toronto, and 40% owned by Chinfon Global Corporation, of Taiwan, has opened an office in Hanoi. The opening of the office is ahead of schedule and is due to the success of the company's office in Ho Chi Minh City. Chinfon-Manulife is the first foreign-owned company to sell life...

Pages

Use 'AND' or 'OR' to refine your search.

Use quotes " " to get exact matches or remove them to get more results.