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Sunday, September 22, 2019

Tag: infrastructure

Putin promises infrastructure investment in Mongolia

While the two countries have US$1.7 billion annually in two-way trade, around 95% of it is Mongolia buying oil from Russia.

China plans more support for economy

China plans to weather its biggest slowdown in decades by investing in infrastructure projects and regional development.

Sabah has more pressing needs than khat, says minister

Rural Development Minister Ewon Benedick says the focus now should be on improving the infrastructure of schools and teachers' welfare.

Digitalisation can solve problems in administering waqf, says Muhajid

The minister in the PM's Department says there is a lack of professional management culture among waqf administrators and a lack of transparency in managing waqf funds.

Papar Dam vital for water, power supply to west coast, says...

The Sabah chief minister says the dam will cater to the needs of residents and investors.

China no match for Japan in Southeast Asia infrastructure race

The Asian Development Bank estimates that Southeast Asia’s economies will need US$210 billion a year in infrastructure investment from 2016 to 2030.

The US$84 billion dilemma vexing India’s three Telecom tycoons

India seeks to raise US$84 billion this year from a sale of airwaves – most of it for the new technology tipped to revolutionise connectivity.

Australia to step up challenge to China in Pacific with new...

Australia’s prime minister says the country would offer cheap loans to other Pacific countries to cement its position in what he declares as 'our patch'.

Mahathir tells summit: One world, many systems

No one should impose a single value system on the world, Mahathir tells leaders of 37 nations at the Belt and Road round-table.

Peru set to join China’s Belt and Road club

Peru will be one of a few Latin American nations to formally join the China's flagship infrastructure policy.

Sabah saves RM12 mil a month after cancelling RM3.7 bil water...

Infrastructure Development Minister Peter Anthony says currently, the government only pays RM3 million a month to manage and operate 58 water plants statewide.

Sarawak acts after frequent collapse of major roads

The state government will reexamine road infrastructure, says Minister of Infrastructure Development and Transportation James Masing, after latest incident in Pakan.

Bumi contractors in dire straits, want mega projects

Members have the expertise and financial resources, says the Malaysian Bumiputera Contractors Association.

Saudi Crown Prince’s new gambit: US$425 billion for infrastructure

Saudi Arabia is seeking 1.6 trillion riyals (US$425 billion) of investment in railways, airports and industrial projects by 2030.

WSJ report on 1MDB bailout won’t affect Malaysia-China ties, says analyst

Analyst says the Malaysian government's review of various infrastructural projects undertaken by Chinese companies and China's tighter currency control measures have more influence.

Digging deep: Singapore plans an underground future

Singapore wants to go further in moving infrastructure and utilities below ground.

US should create fund to counter Chinese infrastructure deals

The US-China Economic and Security Review Commission report has been compiled almost every year since 2002 by a group tasked with monitoring the national security implications of US-China trade relations

Australia launches US$1.5 billion Pacific fund to counter China’s influence

Australia and China have been vying for influence in sparsely populated Pacific island countries that control vast swathes of resource-rich oceans.

Thousands protest over Rome’s decline

The demonstration was arranged before a horrific accident this week in which more than 20 people, mainly Russian football fans, were injured when an escalator in one of the city's main metro stations collapsed.

How Blackstone landed US$20 billion from Saudis for infrastructure

NEW YORK: When Saudi Arabia pledged as much as US$20 billion (RM83 billion) to help Blackstone Group LP build the world’s largest infrastructure fund,...

Baru : We only get half of funds needed to maintain...

Works minister says there is a 30% road maintenance backlog as a result.

Investors spooked by Dr M’s attacks on foreign projects?

The prime minister must balance placating a public concerned about being left out of the financial spoils of infrastructure projects, and the reality of the budgetary need for revenue.

Maszlee: Need to relax varsity entrance criteria for rural, poor students

The education minister says there is a need to do so as the rural and poor students in places such as Sarawak are very much disadvantaged compared with their affluent and urban counterparts.

Sabah to probe alleged misappropriation of funds for highway project

Infrastructure Development Minister Peter Anthony says the project will now be handled by the Public Works Department, the state finance ministry and the Economic Planning Unit.