January 21, 2016 | Singapore
Triyards Holdings Limited has secured contracts to build two oil barges worth S$30.75 million from CPC Corporation, Taiwan. The contract for the construction of the two oil barges is Triyards’ first contract with the Taiwanese...
Read MoreJanuary 21, 2016 | Singapore
KS Energy Limited has fully acquired Oceanic Offshore Engineering [OOE] Pte Limited. KS Energy acquired the remaining 20 per cent in OOE for S$2.3 million ($1.63 million). The 20 per cent stake in OOE had a net asset value of...
Read MoreJanuary 21, 2016 | Singapore
Singapore-listed Sincap Group Limited plans to issue S$5.48 million of new shares to expand its newly acquired coal trading and logistics business, Orion Energy Resources. The company will issue 91.4 million new shares to 12...
Read MoreJanuary 21, 2016 | Singapore
Ezion Holdings Limited has signed a deal with a government-owned Chinese company to support offshore wind energy installation projects. The projects are primarily in the coastal regions of China, which has set a goal of 30 GW by...
Read MoreJanuary 21, 2016 | Malaysia
The China Railway Engineering Corporation (CREC) signed an agreement to invest in Bandar Malaysia, a strategic location that will be the future transport hub of Kuala Lumpur. CREC entered into a purchase agreement with its local...
Read MoreJanuary 21, 2016 | Malaysia
Telekom Malaysia Bhd (TM) has signed two PPP agreements with the government, which will see it bear the bulk of financing the roll-out of the high speed broadband Phase 2 (HSBB 2) and the suburban broadband project (SUBB). The...
Read MoreJanuary 21, 2016 | Malaysia
Rayani Airlines has launched Malaysia’s first sharia-compliant airline using a Boeing 737-400 aircraft. The carrier – a JV between Malaysia-based resources companies Merdeka Jayabumi Enterprise and Terus Maju Metal – started...
Read MoreJanuary 21, 2016 | Myanmar
In December 2015, Japan Bank for International Cooperation (JBIC) signed a shareholders’ agreement with Myanmar’s Foreign Economic Relations Department (FERD) and Thailand’s Neighbouring Countries Economic Development...
Read MoreJanuary 21, 2016 | Myanmar
Telecommunication network solutions provider OCK Group Berhad, along with its Myanmar partner King Royal Technologies Comapny Limited, is planning construction of up to 3,000 telecommunications towers in Myanmar over a five-year...
Read MoreJanuary 21, 2016 | Myanmar
A consortium of six foreign group companies, led by China’s CITIC, has won the tender for the implementation of two projects of the country’s newly planned special economic zone (SEZ) in Kyaukphyu, western Rakhine state. The...
Read MoreJanuary 21, 2016 | Philippines
Globe Telecom and Philippine Long Distance Telephone Company (PLDT) have signed a fixed telephony interconnection agreement, covering the provinces of Bataan and Isabela. As per the deal, customers in each province will be able...
Read MoreJanuary 21, 2016 | Philippines
Philippines-based operator Globe Telecom has awarded a five-year contract to Huawei to improve and upgrade its mobile broadband infrastructure in the country. As per the contract, Huawei will facilitate the expansion of the...
Read MoreJanuary 21, 2016 | Philippines
The Philippines’ telecommunications regulator, the National Telecommunications Commission (NTC) has proposed a new legislation to set up a universal access fund (UAF) to expand broadband services in the country. As per the...
Read MoreJanuary 21, 2016 | Philippines
The Philippines government has approved the release of PhP 6.5 billion for the rehabilitation of roads in 73 of 81 provinces across the country. The amount has been earmarked under the General Appropriations Act and forms a part...
Read MoreJanuary 21, 2016 | Philippines
South Korea-based Busan Transport Corporation and its four Filipino JV partners – Edison Construction and Development Corporation, Tramat Mercantile, TMI Corporation, and Castan Corporation – have secured a PhP 3.81 billion...
Read MoreJanuary 21, 2016 | Philippines
The Japan International Cooperation Agency (JICA) has approved a 40-year loan of $2 billion loan for the North-South Commuter Rail project in Manila, Philippines. The interest rate prescribed is 0.1 per cent for non-consultancy...
Read MoreJanuary 21, 2016 | Philippines
The Cebu City government in the Philippines has awarded the Cebu-Cordova Bridge Project worth PhP 27 billion to the Metro Pacific Tollways Development Corporation. The government has directed the company to form a joint venture...
Read MoreJanuary 21, 2016 | Philippines
The National Economic and Development Authority (NEDA) board has approved Line 1 of the Manila-Quezon Avenue bus rapid transit (BRT) system, which will span 12.3 km and connect Quezon Memorial Circle and Manila City Hall. The...
Read MoreJanuary 21, 2016 | Philippines
The NGCP is seeking the ERC’s approval to issue an order provisionally authorising the implementation of the Visayas-Mindanao Western Route (Cebu Negros-Zamboanga Del Norte) Interconnection Project – Phase I. The NGCP has taken...
Read MoreJanuary 21, 2016 | Philippines
The National Grid Corporation of Philippines (NGCP) is likely to make capital expenditure of PhP 8.05 billion for the year 2016 and is seeking the Energy Regulatory Commission’s (ERC) approval in this regard. The transmission...
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