News Service

  • 21 hours ago
    The Asia Pacific Foundation of Canada (APF Canada) is seeking the services of research organizations, polling firms, or other bodies to conduct business surveys and interviews in major Asian economies, including China, India, Japan, South Korea, Singapore, and Vietnam. APF Canada seeks to gauge the attitudes of Asian business leaders and policy experts towards deeper economic engagement with...
  • 21 hours ago
    Richmond, B.C.-headquartered Pinnacle Renewable Holdings Inc., an industrial wood pellet manufacturer and distributor, has entered into a long-term contract with Ube Industries Ltd., a diversified Japanese conglomerate with annual revenues of approximately US$6 billion. Under the terms of the contract, Pinnacle will supply 70,000 tonnes annually of industrial wood pellets to Ube, beginning in...
  • 21 hours ago
    A reminder to recent Master’s and PhD graduates that the deadline for the 2018-19 Asia Pacific Foundation of Canada Post-Graduate Research Fellowship is April 30, 2018. The fellowship is worth $40,000 for Master’s graduates and $42,000 for PhD graduates for a one-year non-renewable term. In addition, fellows can request funding support for travel related to their activities at the Foundation,...
  • 2 days ago
    China announced today that it will grant visa-free access to individual citizens from 59 countries to the tropical island of Hainan, in the country's south, in an effort to boost its economic growth and tourism industry. Citizens from the 59 countries – including Canada – will be allowed visa-free stays from May 1, 2018 according to an announcement by the State Immigration Authority. The tropical...
  • 2 days ago
    Vancouver, B.C.-headquartered Copper Mountain Mining Corporation has announced the closing of its acquisition of Altona Mining Limited, headquartered in Perth, Australia. As a result of the acquisition, Copper Mountain has now acquired 100% of Altona's assets, which include A$30 million in cash, a permitted development project in Queensland, Australia, and a large mineral land tenure position in...
  • 2 days ago
    Montreal-headquartered Bombardier Inc.'s Bombardier Transportation has signed a contract with Metro Trains Melbourne to provide 10 years of maintenance services for its rail control solution being delivered for Melbourne's new Metro Tunnel Project. The contract is valued at approximately US$60 million and includes an option for five additional years of maintenance services. The Metro Tunnel...
  • 3 days ago
    Canadian High Commissioner Perry Calderwood has formally inaugurated Pakistan’s chapter of the Montreal-headquartered Canada Pakistan Affiliated Chamber of Trade (CPACT) in a bid to boost bilateral trade between the two countries. CPACT is an endeavour to promote, study, extend, advance, and protect business relations, investments, and interests, and to become the primary point of contact and...
  • 3 days ago
    Tourism Nova Scotia will expand its marketing presence in China this year with help from a marketing agency based in Beijing. Tourism Nova Scotia has partnered with SinoMedia, one of China’s leading media corporations, to deliver a sales and marketing strategy to inspire Chinese travellers to purchase more Nova Scotia holidays. The value of Tourism Nova Scotia’s contract with SinoMedia is C$150,...
  • 3 days ago
    Japan External Trade Organization (JETRO) and Global Affairs Canada’s Trade Commissioner Service (TCS) are pleased to host a forum in Toronto to commemorate the 90th anniversary of diplomatic relations between Japan and Canada and to mark a renewal of their co-operation on mutual direct investment promotion with the signing of a Memorandum of Cooperation. As well as senior officials from JETRO...
  • 4 days ago
    The Mint Corp., a Toronto-headquartered globally certified payments company, has obtained an option to acquire a 75 per cent ownership interest in vPay, a mobile payment solution business in India. vPay is a rapidly-growing, fully-integrated payment automation gateway business with blue-chip Indian corporate clients and is currently operating as a business division of vMobo Inc. Mint has invested...
  • 4 days ago
    Burlington, Ontario-headquartered mineral exploration company Cobalt Group Inc. (CBLT) has entered into an agreement with Australia’s Krakatoa Resources Ltd. to sell two claims in the historic Cobalt-Gowganda silver-cobalt mining district of Ontario. The claims are located peripheral to a cluster of former silver-cobalt mines at Gowganda, 85 km northwest of the town of Cobalt, where mines...
  • 4 days ago
    Montreal-headquartered Ni2, a leading provider of services and operations management software, today announced it has secured a C$6-million investment from Desjardins Capital, an equity firm with over C$2 billion of capital under management. The investment will allow Ni2 to accelerate its commercial operations and expand its market presence in North America, Europe, and Asia, as well as to...
  • 7 days ago
    The Asia Pacific Foundation of Canada, in partnership with author and entrepreneur Dr. Elizabeth Newton, is pleased to announce the release of a new online resource, Bridging the Gap: Canadian Entrepreneurs Engaging with Asia. For Canadian entrepreneurs seeking new opportunities, Asia is full of markets with great promise, but the complexities of Asian culture, economic infrastructure, politics,...
  • 7 days ago
    MaRS Innovation (MI), Toronto's 15-member urban innovation hub, announced today that as part of Toronto Health Innovation Week, it will lead a health innovation and investment mission to Seoul, South Korea from May 9-to-11, 2018. Representatives from 14 Ontario research institutions and innovation companies from life sciences and healthcare sectors will participate in the mission. The visit to...
  • April 12, 2018
    Toronto-headquartered Scotiabank's deal to sell its Malaysian subsidiary to Taiwan's Cathay Financial Holding Co Ltd. has been called off. Scotiabank said the deal did not close before a pre-agreed deadline and as a result it will not be moving forward. Scotiabank had reached an agreement to sell its Bank of Nova Scotia Berhad last year for a reported C$225 million. The bank says it is now...
  • April 12, 2018
    Newcrest International Pty Ltd. (NIPL), a wholly-owned subsidiary of Melbourne, Australia-headquartered Newcrest Mining Limited, has formally announced that it has entered into a subscription agreement with Vancouver, B.C.-based Almadex Minerals Limited to purchase 19.9% of the issued and outstanding common shares for an aggregate subscription price of C$19,074,425. Following the satisfaction of...
  • April 11, 2018
    Toronto-headquartered Datametrex AI Ltd.’s wholly owned subsidiary, Ronin Blockchain Corp., is commencing industrial scale cryptocurrency mining in two locations: with GoSun Group in China, and at facilities in Quebec. The mining rigs will be fully deployed in both locations beginning April 12. GoSun is one of China’s largest infrastructure and networking companies with over 90 operating data...
  • April 11, 2018
    5N Plus Inc., a Montreal-based producer of high-purity metals and compounds for electronic applications, has announced the expansion of its capacity and capability in its upstream activities across Southeast Asia and Europe to enhance its competitive access to specialty metals that are key ingredients in its products and a notable pass-through component of cost of goods sold. The expansion will...
  • April 11, 2018
    ST Aerospace, headquartered in Paya Lebar, Singapore, has reportedly secured a letter of intent for a contract from Air Canada to perform interior reconfiguration on part of the airline's A330-300 fleet. ST Aerospace says it will carry out engineering and design development, cabin interior parts fabrication, kitting, certification, and installation. The refit of the cabin interiors will harmonize...
  • April 10, 2018
    A reminder to Canadian journalists that the deadline for the 2018-19 Asia Pacific Foundation of Canada Media Fellowship, in partnership with Cathay Pacific Airways, is April 16, 2018. The fellowship provides $10,000 each in cash and kind (including trans-Pacific travel) to support three journalists interested in spending time in Asia researching and preparing stories for a Canadian audience. The...

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