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Less profit growth Chinese banks

HONG KONG - The economic slowdown in 2012 caused a decline in the growth of net profits among Chinese banks. According to PwC, the total net profits of the top-10 listed banks in China was RMB 965.63 billion, up 16.41% from 2011. The figure, however, is lower than the 28.03% growth rate of 2011....

DHL and SMU launch green lab

SINGAPORE - Logistics giant, DHL, is partnering with Singapore Management University (SMU) to accelerate the evolution of sustainable logistics across Asia Pacific with the launch of the Green Transformation Lab. This S$2 million initiative will focus on the creation of innovative solutions....

New major ports for India

NEW DELHI - India’s Cabinet Committee on Economic Affairs on 10 May 2013 approved the proposal of the Ministry of Shipping for setting up a new major port at Sagar Island in West Bengal through the Public Private Partnership (PPP) mode by following the extant procedures for project appraisal/approval......

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