International News
The 5 Coolest Things in Infrastructure This Week
The northern hemisphere slogged through its hottest summer in 2,000 years last year, and 2024 could be even warmer. This week, we look at how digital twins are helping communities adjust to rising temperatures, fight wildfires, forecast and prevent flooding, and manage water resources. But summer’s also for swimming, and digital twins can help competitive swimmers improve […]
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Engineering Wonders of the World: Highest Railway Bridge on Earth Nears Completion in India
This article is the first in our new Engineering Wonders of The World series. The world’s highest railway bridge is in a rugged, mountainous area of northern India – and it is a sight to behold. Hovering 1,170 feet above the Chenab River in the Kashmir Valley of the Himalayas, the steel, arch-supported bridge is […]
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Korean Incheon Airport Corporation Expands Global Footprint with USD 13bn Project in Vietnam
In a significant move to expand its global presence, Incheon International Airport Corporation has been selected as the preferred contractor for consulting services on the operation of Vietnam’s new Long Thanh International Airport. The project, which marks a major milestone in Southeast Asia, is set to reduce congestion at the overburdened Tan Son Nhat International […]
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Malaysia’s High-Speed Rail Project Gains Momentum Amid Hopes for China Extension
Malaysia’s long-anticipated High-Speed Rail (HSR) project, linking Kuala Lumpur and Singapore, is gaining traction with the potential to extend the line to China, which could significantly enhance its economic viability. The project, which is estimated to cost between USD 15.7 billion and USD 18 billion, represents a significant reduction from the original USD 24.7 billion […]
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Sembcorp Targets Low-Carbon Leadership with Bold Industrial Park Expansion Across Asia Eyeing Vietnam & Indonesia First
Sembcorp Industries (Sembcorp) is set to lead the development of low-carbon industrial parks in Asia, with a strategic plan to expand its land bank to 18,000 hectares by 2028 and boost its industrial property portfolio from 100,000 square metres to 1.5 million square metres. With Vietnam and Indonesia presenting robust growth opportunities due to strong […]
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Laos Launches Gold Bank to Strengthen Financial Stability & Support Lao Kip
Laos is set to launch its first Gold Bank next month, an initiative aimed at bolstering gold reserves and enhancing the financial stability of the Lao Kip. The establishment of the “Lao Bullion Bank” is a result of a recent agreement between the Lao Ministry of Finance and PTL Holding Co., Ltd., with the full […]
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Bentley Systems Announces the Finalists of the 2024 Going Digital Awards
Winners to be Announced on October 9 at Bentley’s 2024 Year in Infrastructure and Going Digital Awards Event in Vancouver EXTON, PA., August 15, 2024 – Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced the finalists of the 2024 Going Digital Awards. The annual awards event honors the extraordinary work of Bentley’s global users, showcasing how innovative […]
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Thailand Changes Strategy to Attract Chinese Investors, Extends 99-year Lease & 75% of Condo Ownership to Foreigners
Chinese investors are rapidly increasing their presence in Thailand’s property market, with over 100 billion baht invested in key economic cities over the past 15 years, according to Property DNA and updated by The Star on 06 August 2024. This trend is expected to accelerate further as the Thai government considers extending the leasehold period […]
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Japanese Companies Pull Out of China as Vietnam Becomes Next Destination
Japanese companies are becoming increasingly cautious about operating in China, as supply chain risks, anti-espionage legislation, and rising geopolitical tensions create an uncertain environment. A recent survey by Teikoku Databank reveals that the number of Japanese companies in China has decreased by 9.4% since its peak in 2012, with 13,034 businesses currently operating in the […]
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ASEAN FDI Soars to US$224bn, Cambodia Captures US$3.96bn Ranking 7th
ASEAN’s attractiveness as a stable, rapidly growing market has propelled foreign direct investment (FDI) inflows to unprecedented heights, with the region securing an all-time high of US$224 billion in 2022. This investment surge, driven by ASEAN’s burgeoning population and increasing income levels, is also a result of the region’s strategic advantage as a key recipient […]
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