Komatsu Profits Fall Sharply

Japanese construction manufacturer Komatsu saw profits fall sharply by 52 percent in Q2 2016 compared to same period in 2015 due to a global economic slowdown and a strong Japanese Yen.

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Disaster Warning System Tested in Indonesia

The Japan International Cooperation Agency (JICA) is funding the trial of a new disaster warning system, designed to monitor structural safety and avoid collapses in the developing world, on three building sites on the Jakarta metro system.

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Malaysia to Build Bangladesh Power Plant

Bangladesh has awarded the Malaysian government a USD2.5 billion contract to build a 1,320-megawatt coal-fired power plant.

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Aiib Goes Global

The 57 members of the China-led Asian Infrastructure Investment Bank (AIIB), held its first meeting at the end of June.

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Vietnam Cancels Usd 20bn Oil Refinery

Vietnamese government officials in Binh Dinh province have cancelled plans for a USD20bn oil refinery and petrochemicals plant after four years of delays from the managing contractor.

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Minecraft Game to Attract Youth to Cm

A new version of computer game Minecraft has been launched by the UK Chartered Institute of Building (CIOB) to inspire young students to become the next generation of construction professionals.

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World’s First Glass Bottomed Bridge Opens in China

The world’s longest and highest glass bridge has opened in the Shiniuzhai Geopark in Hunan Province, southern China.

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First Japanese Tile Factory Opens Cambodia

The opening of the first Japanese tile factory in Cambodia means that customers will now have easy access to a range of high quality corolla tiles.

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Construction Investment Rises Steeply

Investment in the construction sector rose steeply by 719 percent to a reported value of USD7.1 billion in the first seven months of 2016 compared to the same period last year, according to the Ministry of Land Management, Urban Planning, and Construction (MLMUPC).

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Ppsez to Build Factories for Rent

The Phnom Penh SEZ is to start constructing leasable factory units as a way of increasing revenue at the nation’s struggling flagship industrial park.

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