Israel´s Tri-Logical to Supply Railway IoT Solutions
Tri-Logical, an Israeli company that develops IoT and cyber solutions for mission-critical applications, has won a tender from the Thai government to monitor the locomotives of the country’s railway authority. The tender is worth over USD 1 million for the first three...
Indonesia and Hungary Create Joint Investment Fund of USD 500 Million for Infrastructure Projects
Indonesia and Hungary are setting up the Indonesia-Hungary Investment Fund (IHIF), worth USD 500 million, to help finance the Indonesian government’s infrastructure projects. The joint investment fund will be set up with an equal contribution of USD 250 million...
San Miguel Eyes PH’s First Bus Rapid Transit System
Philippine conglomerate San Miguel Corp is considering building a bus rapid transit (BRT) system in its newly opened elevated expressway, Skyway, to ease commuter woes and decongest traffic in Manila. At early stages, the project remains on paper and is unlikely to...