International News
Home Ownership a Priority in Southeast Asia
A Regional Consumer Sentiment Survey by online property group PropertyGuru has shown that owning a home remains a high priority for citizens of major Southeast Asian nations.
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Koh Mak Beachfront on Offer
A slice of untouched beachfront on Koh Mak island in Gulf of Thailand near the Cambodian border has been put on the market as part of plans to attract more development to the slice of paradise.
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Hcmc Ghost Tower Repossessed
A notorious uncompleted tower project in Ho Chi Minh City, Vietnam has been repossessed by creditors amid claims that over USD300 million in debt has been accrued by investors.
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Myanmar Condo Rentals Take Fall to Houses
Rentals of condominiums to foreign tenants have taken a fall in the first half of 2017 as the market becomes saturated and the renters increasingly seek detached houses.
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Bentley’s Aecosim Building Designer Connect Edition Surmounts the Challenges of Bim Scalability for Major Projects
September 2017: Bentley Systems, Incorporated, a leading global provider of comprehensive software solutions for advancing infrastructure, announced the availability of AECOsim Building Designer CONNECT Edition, Bentley’s building information modelling (BIM) application designed for building projects of significant size and/or engineering complexity, and which are typically characterised by the challenges of combining vertical construction and horizontal […]
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One Belt One Road Investments Under Scrutiny
China’s recent crackdown on capital outflows simultaneously prioritised One Belt One Road initiatives which has resulted in rapid overseas investments and acquisitions, and these are now coming under greater scrutiny by authorities. In August, in response to these fresh outflows and looser restrictions, China’s National Development and Reform Commission (NDRC) announced that it would be […]
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World’s Largest Expo Trade Centre for Thailand
A Thai-Chinese joint venture has announced plans to build the world’s largest expo trade centre on the Gulf of Thailand coast, east of the capital Bangkok. Thai company Best Group and Shenzhen property company Hydoo International are investing USD3bn to build the 2.5 square kilometre Trust City World Exhibition and Trade Centre. When complete in […]
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China Building 30% of World’s Infrastructure
A new report from Timetric’s Infrastructure Intelligence Center (IIC) shows that projects around the world with Chinese contractor involvement make up 16 percent of the global total by project number. However, the size of China-sponsored projects translates to 31 percent of the total global infrastructure project value, which is USD17.1 trillion as of 2017. The […]
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Vingroup Starts Work on Car Factory
Vietnam: Vingroup, Vietnam’s largest property developer announced that it had started construction on an enormous car factory in the north of the country in September. The first phase of construction on the 335-hectare site is worth USD1 – 1.5 billion and is part of an overall push by the company to expand into the heavy […]
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Ww2 Bomb Kills Worker on Malaysia Rail Site
Malaysia: An explosion from a World War II-era bomb killed one worker and seriously injured two others on the construction site of a new underground station in the Malaysian capital Kuala Lumpur in October. A Bangladeshi worker died in hospital after the blast from the unexploded ordnance. During the Second World War Kuala Lumpur was […]
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