Infrastructure

GE Healthcare Life Sciences set to construct biopharma factory for venture-backed JHL Biotech

GE Healthcare Life Sciences would be constructing the KUBIo biopharmaceutical factory for JHL Biotech in China.

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Chinese domestic milk producers get state subsidy

A number of domestic milk producers were chosen by Chinese authorities as recipients of state subsidies and tax breaks.

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ECB supervision to be operational by January 2014 according to Mersch

Yves Mersch, ECB board member, projected the completion of the staff complement for the regulatory authority by late 2014.

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Pentagon finalizes USD 4 billion missile defense contract with Lockheed Martin

The US government inked a USD 4 billion missile defense contract with Lockheed Martin.

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Philippine regulator says bidding for PHP 17.5 billion Mactan Cebu International Airport project set in November

The Department of Transportation and Communications said the bidding for the PHP 17.5 billion airport project was set for November.

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Julius Baer Brazil plans offices outside Sao Paulo, Rio de Janeiro

The Brazilian unit of Julius Baer Group would be opening offices outside the main centers of Sao Paulo and Rio de Janeiro.

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AT&T provides IP VPN services to Africa and the Middle East

AT&T, with its hub in Dubai, has offered IP virtual private network services to multinationals doing business in the Gulf region and in Africa.

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VistaJet Holdings to grow business in India

With an increasing number of clients needing private air carrier services, both VistaJet and NetJets are scrambling for the Indian market.

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Report says Samsung to invest USD 500 million in China

A report from a Chinese newspaper revealed that Samsung would be investing USD 500 million for a plant in China.

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China's biggest construction firm eyes GCC projects

According to CSCEC CEO Yu Tao, the company's experience in building and maintaining housing projects would be key to address the needs of the GCC countries.

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EU aims to restructure telecoms market

EU submits a list of proposals aimed to improve the EU telecommunications industry.

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Fire Island residents receive Verizon action

The complaints from Fire Island residents post Hurricane Sandy was the reason that Verizon started to change its tune on its actions.

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Ecuador deficit activates plan to tap into USD18 billion oil in Yasuni National Park

Rafael Correa, President of Ecuador, would be relying on USD18 billion worth of oil resources inside the Yasuni National Park to save the country from going bankrupt.

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Microsoft expands music streaming to other operating systems

Microsoft allows Xbox music service to iOS and Android devices.

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Nigeria's Dangote plans to build USD 400 million cement plant in Kenya- Kenyatta

President Uhuru Kenyatta's office said Africa's richest man Aliko Dangote would invest in a USD 400 million cement factory in Kenya.

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