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News

  • 09/05/2012
    The Ministry of Railways has raised its target for railway construction spending this year to 496billion yuan ($78 billion) from 470 billion yuan in a move seen as part of the government's latest efforts to shore up the slowing economy. "The investment on new railways will be at least 67 billion yuan a month from...
  • 09/04/2012
      Investors are always seeking out the next big opportunity and Asian tourism is top of the list for many of those looking to plunge their capital into projects. It is no secret that China and India have been growing steadily, gradually attracting investment in the booming travel and tourism industry over the years....
  • 09/04/2012
      Passengers flying on domestic routes will have to pay higher fuel surcharges from Wednesday as Chinese airlines seek to offset the rising fuel costs.   The fuel surcharges on routes longer than 800 kilometers will increase to 130 yuan (US$20.49) from 100 yuan, and passengers on shorter routes will pay 70 yuan, a rise...
  • 08/28/2012
      TUI Travel has set itself four new sustainability goals in a new three-year Sustainable Holidays Plan.   Outlining 20 commitments to the environment and community, the travel company said the revamped plan had come as more customers expect companies to look after the environment. Covering the destinations, carbon,...
  • 08/16/2012
      A new satellite terminal will be built at Shanghai’s Pudong International Airport by 2015, the city’s top planning body announced this week.   According to a new citywide aviation report, released on Tuesday by the Shanghai Municipal Development & Reform Commission and reported by the Shanghai Daily, the...

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