International News
China’s Capital Freeze Hits Malaysia Project
SCG Cement – Building Materials Company Ltd has expanded its Vietnam holdings with the purchase of Vietnam Construction Materials JSC for USD156 million. The Central Vietnam-based company has a cement production capacity of 3.1 million tons though SCG hopes to increase production through efficiency improvements. “Following this transaction, Siam Cement Group’s combined cement capacity across […]
Read More
Chinese to Invest Usd10bn in Philippines
The Philippines Board of Investment has announced that five China-based firms have made applications to establish local companies, investing USD10 billion and aiming to create 15,500 jobs.Huili Investment Fund Management Co Ltd wants to construct a steel mill facility where its Chinese partners can build local factories.YDT International hopes to build a USD1.5 billion shipbuilding […]
Read More
Lao Press Ahead With Mekong Dam
The Laotian government has announced it is to begin construction on the controversial USD2.3 million Pak Beng hydropower project in 2017. According to Lao Energy Minister Viraphonh Viravong, Lao intends to become the “Kuwait of hydropower in Southeast Asia”. The 912MW scheme is the third of up to eleven dams that the government of Lao […]
Read More
Aluminium China 2017 to Unveil World’s Latest Aluminium Hi-tech
This year’s Aluminium China in Shanghai from 19-21 July is set to mark a new period of growth in the aluminium industry and reflect strengthening market conditions in China and across the world. Aluminium China 2017 will focus on the transformation driven by emerging new technologies in areas such as lightweight vehicle manufacturing and consumer […]
Read More
Asia Property Awards 2017 Programme Revamped To Include 14 Markets
The 12-year-old programme, which was first launched in 2005 by Ensign Media in Thailand, also holds annual black-tie gala dinner events in Cambodia, the Philippines, Vietnam, Myanmar, Malaysia and Indonesia, playing host to up to 600 C-level executives, senior industry figures and VIPs at each event.
Read More
Malaysia Mulls Rubber Roads
A pilot project has been completed in Malaysia to test whether roads there can be constructed using rubber. Famous around the world for its rubber production, Malaysia has access to an enormous amount of the material and used it in five 1km stretches of pilot roads to test its effectiveness. If the tests prove successful, […]
Read More
Philippines Airport Bidding Heats Up
The bidding war between two of the Philippine’s richest men to build Manila’s new international airport heated up in February with both tycoons submitting increased bids. In response to a new bid by billionaire Henry Sy, the San Miguel Corp headed by Ramon Ang proposed a USD14 billion plan which will not require any subsidy […]
Read More
Work Restarts on China-lao Rail Link
Work has officially started once again on the China-Lao rail link after the initial ground-breaking ceremony took place more than a year before. The 414km route linking the Mohan-Boten border crossing in the North to the capital Vientiane in the south is part of China’s ‘One belt, one road’ regional infrastructure initiative. When completed in […]
Read More
China Rail Expansion on Track
China plans to expand its national high-speed rail network by 10,000km in the next three years and a further 8,000km by 2025.The ambitious USD500bn expansion will connect all cities with more than 5 million people with a high-speed link and all cities with more than 2 million with a main line.A briefing by the State […]
Read More
60,000 ATTEND SHANGHAI EXPO
The International Building & Construction Trade Fair 2016 welcomed 60,000 visitors over four days between 23-26 March at the National Convention & Exhibition Center in Shanghai. Over 400 companies exhibited at the one of the biggest expos in China over an area of 80,000 square metres showcasing customised furnishing, doors & windows, hardware, smart homes, […]
Read More