Airport Authority Hong Kong announced Sunday that passenger throughput at the Hong Kong International Airport (HKIA) reached 4.1 million in June 2008, representing a 5 percent rise over June 2007.
According to statistics provided by the authority, cargo traffic at the airport increased 2.4 percent to 312,000 tons and air traffic movements went up 2.7 percent [...]
Sinopec Group, China’s top refiner, denied on Thursday the market talk that the government would stop subsidizing the company or cancel import tax rebates, local media reported Friday.
The company had not received any notice from the government on calling off the favorable policies, Beijing Times quoted an unidentified Sinopec official as saying.
Tags: CNPC, Fuel, Petroleum, [...]
China Petroleum & Chemical Corp. may post a loss in the third quarter of this year if the country scraps a 75 percent refund on oil import taxes paid to the company and PetroChina Co., Goldman Sachs Group Inc. said.
The management at Sinopec, as Asia’s largest refiner is known, has indicated the state hasn’t made [...]
CPC Corp, a Taiwan-owned refinery, announced Tuesday it will raise prices of gasoline, diesel and gas as of Jul. 3 due to rising prices of crude oil, according to sources.
Price of unleaded gasoline and diesel will be raised by NT$1.5 per liter and NT$1.6 per liter respectively, while fuel oil will go up to NT$1,205 [...]
China’s auto market is calm when the global market of new-energy vehicles is heating up. The Toyota hybrid car Prius, which has been popular worldwide, has sold less than 3,000 units since it was introduced to the Chinese market two years ago. Why hasn’t the new-energy vehicle market in China gone onto the fast track [...]
Wang Bin, a 39-year-old Shanghai doctor, plans to buy a bigger car to replace his 4-year-old Volkswagen Santana. But after last week’s hike in Chinese gasoline prices, he’ll go for a fuel-efficient model such as a Toyota Camry or a Honda Accord.
“We’ll need to pay nearly 100 yuan (7 pounds) more at the pump every [...]
