Malaysia Discussing Possible Port Klang Expansion with China

Mar 1, 2019

Malaysia and China are discussing the possibility of port expansion plans according to the Transport Minister of Malaysia. The government had identified Port Klang as its focus for expansion, given its status as the primary port of the country. The port had two...

Construction Sector Booming in East Malaysia

Feb 1, 2019

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

Feb 1, 2019

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...