(Business Journal, Budapest, 12 December 2016) The Hungarian Export-Import Bank (EXIM) and export credit agency Export Development Canada (EDC) will jointly finance a project to build eight mobile power plants using General Electric (GE) technology for Indonesiaʼs state-owned electricity...
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(Macauhub, Macau, 29 September 2016) Canada’s export credit agency will finance the purchase by Angola of 100 locomotives from US group General Electric, according to an authorization granted by presidential order. The order authorizes the state to borrow US$429.5 million from the Canadian...
more(The Telegraph, London, 17 September 2016) Canada is setting up an export agency office in the UK in an attempt to boost trade links with one of its biggest trading partners after the EU referendum. In the latest indication of the desire of non-EU countries to do more business with the UK,...
more(Compressor Tech News, Waukesha, WI, 26 August 2016) GE has started constructing its multimodal manufacturing facility in Welland, Ontario, Canada. The facility, a US$165 million investment in its first phase, will manufacture GE Power’s reciprocating gas engines, as well as components for...
more(Above Ground, Ottawa, 11 January 2016) Thomas L. Friedman's "The World Is Flat: A Brief History of the Twenty-First Century" suggests that a level playing field has emerged in the world of global commerce, affording competitors equal opportunity. But this analysis ignores government intrusion...
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