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China trainmaker wins $1.3bn US rail-car contract

Beijing / Bloomberg CRRC Corp., China’s only maker of high-speed locomotives, said it’s interested in investing in more US cities after winning a $1.3 billion rail-car contract from Chicago’s transport authorities. The company is bidding for a subway project in Los Angeles and a double-deck train contract in Philadelphia, CRRC Vice-President Yu Weiping said in an interview in Manhattan, without ...

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Colourful ‘vomit-like’ Oz $5 note unveiled

Sydney / AFP It may be the smallest-denominated Australian dollar banknote, but a new design for the Aus$5 bill attracted an outsized amount of criticism when it was unveiled Tuesday, with detractors calling it “hideous” and “like vomit”. The note, which will replace its more bland predecessor from September 1, features a yellow Prickly Moses wattle flower and a colourful ...

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Indonesia ups promotion efforts to woo tourists

Taipei / DPA Indonesia’s Ministry of Tourism announced ambitious plans to boost the number of inbound Taiwanese travellers in 2016. The goal, unveiled during an industry event in Taipei, is to attract 275,000 Taiwanese visitors by the end of the year. Taiwan is already a growing source of travellers for the Southeast Asian country, with the number of Taiwanese visitors ...

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