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HK Gov’t postpones tender due to recent protests

The government has postponed a high-profile tender for a residential site in Kowloon estimated to fetch up to HK$14.3 billion because of the street protests that choked the city center, a sign of how political tensions


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Chinese companies to build 400 MW power plant

Electricite Du Cambodge has signed an agreement with two Chinese firms to build a power facility fueled by heavy fuel oil and liquefied natural gas that will be able to generate 400 megawatts. The facility, which


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Russia and North Korea Discuss Bridge Construction and Rajin-Khasan Project

Russian Far East Development Minister Alexander Kozlov met with DPRK Minister of External Economic Relations Kim Young-Jae in Pyongyang on June 7. The former visited Pyongyang to discuss economic and trade cooperation issues in relation to


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Gov’t committed boosting housing supply

The Government is doing its utmost to increase the supply of public housing at a faster pace, Secretary for Transport & Housing Frank Chan said today. Mr Chan made the statement in response to media enquiries


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Singapore taps into water innovation

SINGAPORE: Every day after his morning run, Adam Reutens-Tan washes under a half-full camping shower hooked on the ceiling of his bathroom. The modified shower, which uses just four litres of water, is one of several


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China withdraws bid for Greenland airport projects

COPENHAGEN (Reuters) – A Chinese state-owned company has withdrawn its bid to build two airport projects in Greenland, the Sermitsiaq newspaper reported on Tuesday citing a company official. The withdrawal of the China Communications Construction Company


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China unveils 600 kph maglev train prototype

China has rolled off the production line a prototype magnetic-levitation train with a designed top speed of 600 km per hour in the eastern city of Qingdao. The debut of China’s first high-speed maglev train testing


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Belt and Road to boost China’s growth over next four decades

China’s Belt and Road Initiative (BRI) will likely provide significant business opportunities to global economies, according to participants of the 8th China Business Forum in London. They said that the world’s second largest economy, China, is


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Central Japan Railway’s test shinkansen hits 360 kph

A prototype shinkansen of Central Japan Railway Co. (JR Tokai) reached the highest speed ever for the model hitting 360 kilometers per hour, the operator said Saturday, hoping to promote it in overseas markets such as


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Japan to extend $1.2 billion in loans to improve Bangladesh infrastructure

The Japanese government said Wednesday it will extend ¥132.7 billion (about $1.2 billion) in loans to Bangladesh to help the South Asian nation improve its infrastructure. “We will work together for the development of Bangladesh and


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