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Profits of Chinese SOEs surge 30.1% in 2021
BEIJING (China Daily/Asia News Network): The combined profits of China's state-owned enterprise surged 30.1 per cent year-on-year to nearly 4.52 trillion yuan (US$715 billion) in 2021, official data showed Wednesday (Jan 26).
National housing projects back on track, says Brunei Minister
Construction at National Housing Schemes (RPN) have resumed smoothly after issues of workers being infected with Covid-19 occurred last year, said Minister of Development Dato Seri Setia Awang Suhaimi Gafar.
UAE says missiles, drones used in deadly Houthi attack, some intercepted
DUBAI (Reuters) - Yemen's Iran-aligned Houthi movement used cruise missiles and ballistic missiles alongside drones in Monday's deadly strike on the United Arab Emirates, which intercepted part of the attack, the Gulf state's ambassador to the United States said.
Multistorey carpark mooted for PPR Seri Anggerik
Federal Territories Ministry will study a proposal to build a multistorey carpark at a vacant lot next to the Seri Anggerik people’s housing project (PPR) in Jalan Kelang Lama.
Indonesian president inspects Jakarta-Bandung high speed railway
JAKARTA (Xinhua): Indonesian President Joko Widodo on Monday (Jan 17) visited the construction site of the Jakarta-Bandung High Speed Railway (HSR) No. 2 Tunnel to inspect the construction progress.
Tesla CEO Elon Musk to visit Berlin factory in mid February
BERLIN (Reuters) - Elon Musk will visit Tesla's factory in Berlin in mid-February, the chief executive tweeted on Tuesday, following speculation on Twitter that he would be in Germany this month.
Machinery orders rise more than expected
Data shows appetite for capital spending still resilient
Insight - Curbing the rise in building material prices
RICES of building materials began to rise in late 2020, just as Covid-19 vaccines were approved and ready for human use, which signalled the reopening of the economy.
Worker survives fall in elevator shaft
KOTA KINABALU: A construction worker survived a fall from the sixth floor to the basement while working on an elevator shaft. He escaped with only a leg injury.
Construction worker survives six-floor fall down elevator shaft in KK
KOTA KINABALU: A construction worker survived six-floor fall down an elevator shaft in a building under construction here and only suffered a leg injury.
