Browsing: industry news

Abe calls for public works spending plan to help economy

TOKYO-Prime Minister Shinzo Abe called on Monday for a new public works spending program to stimulate the economy amid growing concerns about global risks. The spending, which is expected in the first half of next fiscal


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China’s BCEGI to build £90m Liverpool rental tower

BCEGI has been appointed to build a £90m, 34-story residential tower -The Lexington by MODA Living, a developer and operator of homes to rent. The Lexington marks BCEGI’s first major residential project in Liverpool. Designed by


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Keelung-Taipei light rail proposal set for government review in 2019

Taipei– A feasibility study for a proposed Keelung-Taipei City rail link has been completed and is expected to be sent to the Executive Yuan for consideration in the new year. The proposed NT$10.3 billion (US$340 million)


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Funding for Taichung’s second MRT approved by Taiwan Gov’t

TAIPEI (Taiwan News)—Taichung Transportation Bureau Director-General Wang Yi-chuan said Taichung MRT’s Blue Line is in full gear now that the central government has approved the project, and that funds for the project from the central and


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Modi and Abe agree to boost ties as Tokyo pledges huge new yen loans for India

Visiting Indian Prime Minister Narendra Modi held an official meeting with Prime Minister Shinzo Abe on Monday in Tokyo, agreeing to further strengthen economic and security ties as Tokyo pledged to extend new yen loans for


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2 Japanese firms fined Y380 mil over maglev bid-rigging

TOKYO-Two major construction companies were Monday ordered to pay fines totalling 380 million yen for colluding to win contracts on the Japan’s maglev project. The state-of-the-art maglev — magnetic levitation — trains are scheduled to begin


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China’s growth dragged down by construction sector

TAX CUTS:China also released a draft plan to reduce personal income tax to allow deductions for expenses on healthcare, education and supporting elderly relatives Construction and manufacturing were the main drags for China’s slower-than-expected third-quarter economic


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Taiwan: Taoyuan & Tainan city unveil underground railway plans

URBAN DEVELOPMENT: A Taoyuan underground line would eliminate eight railway overpasses, eight underground passageways and 20 railway crossings Taoyuan and Tainan have unveiled plans to construct underground railway lines on the Taiwan Railways Administration (TRA) system


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Sharp builds Vietnam’s 1st mega solar plant

TOKYO-Sharp Corp has built a solar power plant with a total solar panel capacity of about 48MW in Thua Thien Hue Province, Vietnam. According to Sharp, it is the first mega (large-scale) solar power plant in


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China unveils model of 1,000 km/h  train

China unveiled a scale model of its high-speed flight train that is expected to travel at 1,000 kilometers an hour by 2025, with Chinese railway experts saying the country’s experience in aerospace science would help develop


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