International News
Contracts Awarded for Philippines Rail Project
The government of the Philippines has awarded civil engineering projects worth a total of US$728 million to international firms for the initial construction phase of the 51km Malolos–Clark Railway which part of the Philippines’ long-term plan to boost connectivity and regional economic growth by linking Clark International Airport and the planned economic zone of New […]
Read More
Bentley Systems’ Acceleration Fund Announces the Launch of Virtuosity, a Bentley Company
Photo: Allan Murphy, Virtuosity CEO Bentley Systems, a leading global provider of comprehensive software and digital twins services for advancing the design, construction, and operations of infrastructure, on July 9 announced that its Acceleration Fund has invested in launching Virtuosity, a Bentley company. Virtuosity exclusively offers Virtuoso Subscriptions that bundle — with a Bentley infrastructure […]
Read More
Bentley Systems Announces Launch of The Cohesive Companies, Advancing Infrastructure Digital Twins
Photo by: researchgate Acceleration Fund of Bentley Systems on July 13 launched The Cohesive Companies, a wholly-owned subsidiary, anchored by the acquisition of Atlanta-based Cohesive Solutions. The new business venture will include the services team from Bentley’s AssetWise business and the offerings of Bentley, Cohesive, and IBM’s Maximo to support the digital transformation of infrastructure […]
Read More
Thailand Transforming 72 Prisons Nationwide into Tourist Destinations
Photo from: Chiangrai Times Thailand is transforming 72 prisons, or almost half of the total number of prisons nationwide into tourist attractions, reported the Chiangrai Times in late August. Those designated prisons will accommodate tourists with a wide range of activities such as cooking competitions, handicraft shops made by inmates, and others to help unleash the inmates’ […]
Read More
Vietnam Approves US$9.3bn Can Gio Tourist City Development
A US$9.3bn housing and tourist resort at Can Gio has been approved for development by the government of Vietnam. The planned development is situated on a 760-sq km mangrove forest 40km south of Ho Chi Minh City (HCMC) and is being led by the Can Gio Tourist Urban Joint Stock Company, a subsidiary of Vinhomes, […]
Read More
AIIB & ADB to loan Philippines with US$750m loan to manage COVID-19 impacta
The Philippines has been offered a US$750 million loan from the Asian Infrastructure Investment Bank (AIIB) and the Asian Development Bank (ADB) to assist the nation to kickstart its economy following a slump caused by the COVID-19 pandemic. The loan is intended to help the Philippines increase its testing program and provide support to affected […]
Read More
Aeon to Build its First US$180 million Mall in Myanmar in 2021
Aeon plans to build the first Aeon Mall in Yangon, Myanmar, in early 2021 with an investment of US$180 million, according to the Nikkei Asian Review on 06 August. As a joint venture between Aeon Mall and Shwe Taung, the project will be built on 72,000 square metres of land and is scheduled to open […]
Read More
Myanmar to Build US$483.8 million Expressway for East West Economic Corridor
Myanmar’s government has approved a US$483.8 million loan from the Asian Development Bank (ABD) to build an expressway linking Bago to Kyaik Hto, with the aim to connect with Vietnam’s Da Nang port through to Cambodia, Laos and Thailand in the near future. According to a report in Irrawaddy in July, the Bago-Kyaik Hto Expressway […]
Read More
Bentley Systems Waives Subscription Fees LEGION Simulator and OpenBuildings Station Designer September 30
Bentley Systems, a leading global provider of comprehensive software and digital twins services for advancing the design, construction, and operations of infrastructure, has opened up its LEGION Simulator and OpenBuildings Station Designer software, including waiving new subscription fees through September 30, 2020, for facilities managers to incorporate pedestrian simulation methodologies across their planning, design, and […]
Read More
Indonesia invites Japanese companies to cooperate on rail link extension
With China and Japan bitter rivals for the controversial Jakarta-Bandung high-speed rail link and China emerging victorious with the US$6 billion contracts, the government of Indonesia is now welcoming Japanese companies to bid on an extension of the route from Bandung to Surabaya. Indonesian Economic Affairs Minister Airlangga Hartarto made the integrated rail link extension […]
Read More