Thin film PV market has gained momentum in the recent times, especially at the time of 2009 global meltdown. High prices of silicon have shifted the demand for solar cells towards thin film PV cells. Low cost, increasing government initiatives & policies, shorter energy payback, better performance under low light conditions and others are the few factors that have spurred the global thin film PV market. Initially dominated by a-Si thin film PV...more
China's economy is on a track of quick recovery as major economic figures soared in August.Figures from the National Bureau of Statistics (NBS) showed on Friday, the country's industrial output grew 12.3 percent in August from a year earlier, 1.5 percentage points up from July.Fixed-asset investment also increased in the first eight months. It rose 33 percent from a year earlier, and the growth rate was 0.1 percentage point higher compared to the...more
MTC Global Financial Services, today announced the successful completion and settlement of a 5 year multi currency loan facility for its Shanghai based property City Center. The property which is 100% owned by MTC Global Group, is an office and retail complex comprising approximately 150,000 sq. of income-producing commercial real estate located in the Hong Qiao district of Shanghai.This new loan facility, which expires in June 2015, is equivalent to USD 480 million (SGD 658 million) and has been provided by Industrial and Commercial Bank of China ("IBCC") on terms that are considerably more favorable than the outgoing loan, provided by Credit Suisse, which was due for repayment in October 2010. The loan facility includes a RMB 800 million project development loan to finance 100% of the development costs (including capitalized interest) of the City Centre Extension, an 88,000 square meter retail and office complex, due for commencement in 4th Quarter of 2010. Upon completion in 2012, this development will transform the existing City Center property into a 240,000 sq. landmark project of international standard in Shanghai and underwrites the expected 100% increase in gross income...more
MTC Global Financial Services today announced that Industrial and Commercial Bank of China (ICBC) has approved terms for the provision of RMB170,000,000 of development finance for MTC Global Groups Beijing Logistics Park project to facilitate the commencement of construction in the first quarter of 2012.100% owned by MTC Global Group, the Beijing...more
Central to international efforts towards promoting strong and balanced growth is the need to generate demand, not only in developing countries but, more importantly, in developed countries. The imperative poses a critical question: where is new demand to come from? The answer lies in boosting investment in infrastructure and China is keen to get...more
MTC Global Group's analyst Matthew Roberts has raised his price target for shares of Apple to a record $760 in light of the company's new quarterly dividend and strong iPad demand.Apple stock hits a new milestone this Monday when it closed over the $600 mark. The surge came after Apple announced earlier in the day that it was initiating a dividend of $2.65 per share and a share repurchase program.The Cupertino, Calif., company also revealed the good news on Monday that sales of the new iPad during its recent launch weekend topped 3 million. Executives have indicated that they are "thrilled" with the record weekend.In a note to investors, Roberts called the 1.8 percent yield "modest," while predicting that it will "help broaden" Apple's investor base. He characterized the company's share repurchase program as "long overdue." The analyst viewed the announcements as meaningful because Apple "at least broke the seal.""Even factoring in the new dividend and small buybacks, we model Apple exiting CY13 with net cash approaching $180B or $190/share, leaving room for todays initial payout metrics to expand," he said.Roberts, a five-star rated analyst raised his estimate for first quarter...more
Construction and infrastructure development is a huge field calling for diverse skill sets and a large amount of manpower. Construction and infrastructure companies are known to employ geologists, civil engineers, architects, structural engineers,...more
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Vacation Tour Packages beckon you, then it is off to Andaman and Nicobar islands, to Goa in the West or to Kerala down South, each with its lovely bit of paradise on earth. Go east and Orissa has the fabulous Puri and Gopalpur beaches from where you...more
Travel To India beckon you, then it is off to Andaman and Nicobar islands, to Goa in the West or to Kerala down South, each with its lovely bit of paradise on earth. Go east and Orissa has the fabulous Puri and Gopalpur beaches from where you can...more
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