Business

GM to invest RM38 billion in China and plans more plants

US car giant General Motors Corp (GM) plans to invest US$12 billion (RM38 billion) in China from 2014 to 2017 and build more plants next year as it steps up its presence to compete with aggressive rivals in the world's largest auto market. GM expects its China sales to expand 8-10% this year, in line with the overall growth of... Read More

Workers of PT Pertamina Geothermal Energi rotate a valve during a production test at Karaha geothermal well in Tasikmalaya, Indonesia West Java province, April 19, 2014. Karaha Geothermal Power Plant is scheduled to supply power to PLN (State Electricity Company) at the end of 2016, Wawan Darmawan spoke person of PT PGE said on Saturday. – Reuters pic, April 21, 2014.

Workers of PT Pertamina Geothermal Energi rotate a valve during a production test at Karaha geothermal well in Tasikmalaya, Indonesia West Java province, April 19, 2014. Karaha Geothermal Power Plant is scheduled to supply power to PLN (State Electricity Company) at the end of 2016, Wawan Darmawan spoke person of PT PGE said on Saturday. – Reuters pic, April 21, 2014.

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