Construction Sector Booming in East Malaysia

While the construction industry is experiencing weaker sentiments in Peninsular Malaysia, the sector is booming in East Malaysia particularly in Sarawak. In its latest budget the largest state in Malaysia announced an allocation of MYR 9.1 billion (USD 2.23 billion)...

CAPEX in Integrated Gaming Resort Raised to USD 2.3 billion

Megaworld Corporation, the Philippines’ largest developer of integrated urban townships, announced that it is raising its capital spending budget to PHP 64 billion (USD 1.2 billion) over a period of 10 years in the 31-hectare Westside City, an upcoming...

Hutchison Opens New Terminal in Laem Chabang Port

Hutchison Ports Thailand, the leading port operator in the country, has announced an investment of USD 600 million for the Terminal D of the Laem Chabang Port, located in Chonburi. With one of the world’s first container terminals to be fully equipped with remote...