Indonesia proposes injecting US$3.7 billion into state firms in 2024, 2025
INDONESIA’S government has proposed to top up investment in state companies by US$3.7 billion in 2024 and 2025, including for construction companies...
Cambodia’s Techo set to be main international airport next year
TOUCHING down next year in Cambodia is a modern airport that will boast of being the world’s ninth largest. It is set...
Asian nations in race to build concert venues
LIVE concerts are all the rage these days, and Asia’s red-hot live entertainment scene is about to get hotter. As countries haul...
Indonesia’s new capital city Nusantara progressing well as efforts to attract foreign investment continue
[BALIKPAPAN, EAST KALIMANTAN] The first phase of the lengthy process to develop Nusantara, Indonesia’s brand new capital in East Kalimantan, is more...
India's Modi pledges US$15 billion spending splurge as elections near
INDIAN Prime Minister Narendra Modi approved US$15 billion worth of infrastructure projects in the last week as he bolsters support days before...
Asian cities build big as infrastructure woes take centre stage in region’s Taylor Swift tussle
AS TALK rages on over whether Singapore’s exclusivity deal with American pop icon Taylor Swift was a smart business move or “not...
Asia’s growth star Philippines woos companies for projects worth US$43 billion
THE Philippines is reviving a push for companies to help fund infrastructure from airports to bus lanes now worth US$43 billion, aiming...
Singapore to invest up to S$100 million in 10 Gbps fibre network upgrade
THE Infocomm Media Development Authority (IMDA) is investing as much as S$100 million to upgrade Singapore’s Nationwide Broadband Network (NBN), such that...
CK Hutchison cancels sale of 3.4 billion euro Italian network unit
CK HUTCHISON Holdings cancelled the sale of a majority stake in its Italian network infrastructure portfolio to private equity firm EQT AB.
KKR closes Apac infrastructure fund at US$6.4 billion
GLOBAL investment firm KKR has raised US$6.4 billion for KKR Asia-Pacific (Apac) Infrastructure Investors II Fund at its final close.