Bangkok to Host Two New Building Expos in 2014
n line with strong regional construction growth, Bangkok will introduce two new building expos this year to serve as platforms to promote the construction industry. the two shows, Concrete Expo Asia 2014 and Construction Materials Expo Asia 2014, will be held concurrently at Bangkok’s Impact Exhibition and Convention Centre on September 18-20. They are part of Thailand’s Construction &...
Read MorePhilippines Urges Unity Ahead of Asean
The Philippines is urging the construction sector to be united in facing the challenges posed by the ASEAN Integration. “We are now facing a huge challenge from bigger and tougher competitors so it is fitting for us to update ourselves, let go of the old ways and practices, and innovate,” said Department of Labour and Employment 7, Director Exequiel Sarcauga. If construction companies want t...
Read MoreBosch Partners With Meng Leng Eav to Expand Market
The Bosch Group, the leading global supplier of power tools and accessories from Germany, in late April partnered with Cambodian dealer Meng Leng Eav to expand its sales in Cambodia. The partnership means Meng Leng Eav Co. Ltd., one of the Kingdom’s biggest power tool and agricultural machinery dealers, can now distribute Bosch products in Cambodian markets at its own sales centers or sub-deale...
Read MoreInstalling the Right Fire Safety System
While fire safety system are crucial to preventing or extinguishing fires in buildings and thereby saving lives, installation can vary depending on the type of structure. It’s important to know what’s right for what kind of structure. According to Kien Nareth, mechanical and electrical manager at Canadia Bank, it’s important to analyze the fire safety system that is the best fit for your buildi...
Read MoreNew Vietnam Construction Cost Decree Passed
The Vietnam government recently announced new Decree, which came into effect on 10 May, 2015, and focuses on the management of construction costs, including total construction investment. Key regulations of the new decree include construction costs having to be calculated correctly and sufficiently for each project, conformable to design requirements, technical instructions, construction condit...
Read MoreA Coat to Cool Buildings
Cambodia’s perpetually warm climate brings many benefits – tourists, long growing seasons, tropic fruits – it also means building owners are faced with big cooling bills. But reflective insulation, like that supplied by Tashen Green Tech, can keep temperatures in the comfort zone at an affordable price. Heat gain in buildings mainly comes from solar radiation, and 75 percent of that comes throu...
Read MoreAdb and Myanmar Sign $1b Loan Deal
The Asian Development Bank signed a deal with the Myanmar government in May for $1 billion in loans, investments, and guarantees directly to private companies and projects in the country until 2016. The funds will be directed into infrastructure investment projects in areas ranging from logistics and connectivity, power generation, telecommunications and urban development, to financial sector a...
Read MoreGo Ahead and Build ? But Be Aware of Financial Term
The Cambodian building industry is flourishing and construction sites seem to pop up every day, especially in Phnom Penh. Private, public and foreign investment groups realize that now is the time to build and invest here. Labor and local materials are still considered cheap and accessible, which is good for the building industry. So yes, go ahead and join the investors, but watch out – there are ...
Read More1000 Chinese Projects Opened to Foreign Investors
China’s National Development and Reform Commission (NDRC), has announced that more than 1,000 proposed infrastructure projects worth an estimated total of $317.75bn will be open to both private and foreign investors. The proposed public-private partnerships (PPPs) list is expected to bring in private finance for projects including water conservation, transport, public services, natural resource...
Read MorePoor Building Safety Can Hamper Economic Growth
The deadly Rana Plaza factory collapse in Bangladesh in April last year that took over 1,100 lives has had an impact on Bangladesh’s economy. Buyers like Walt Disney have stopped production in the South Asian country over safety concerns and possible damage to their brands. Poor safety standards in several developing countries have many international companies looking anew at where they produce. ...
Read MoreThailand Invests $3bn in Transport Infrastructure
Thailand’s Eastern Seaboard Development Committee recently approved 91 projects under the Eastern Seaboard Logistic and Transportation Infrastructure Development Plan with an estimated investment of more than $3.13 billion. The Transport Ministry said this move aims at strengthening and integrating the whole logistic system in the country’s core industrial area with completion slated for 2018. ...
Read MoreAvoiding the Complaints
Many lawsuits between property developer and buyer and property owner and constructor have been heard through the media. It is headache and costly to resolve those disputes inside or outside Cambodia’s court system. Many people admit it. According to Dr. Sok Siphana, Managing Partner of law firm Sok Siphana & Associates, legal services provided by professional commercial lawyers can prevent...
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