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normasevans

Construction Industry Activity, Optimism Rise in 2014: Will it continue in 2015? - Axis... - 1 views

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    John Crum discusses Wells Fargo Equipment Finance's Second-Half 2014 Construction Executive Survey, which reveals broad-based increases in construction activity compared to a year ago. More executives said they are seeing "somewhat higher" or "much higher" construction activity than at any time during the past five years. Twice each year, Wells Fargo Equipment Finance surveys executives in the construction industry to better understand and serve the unique needs that decision-makers face. In our Second-Half 2014 Construction Executive Survey we found more evidence that the construction industry has much to be optimistic about. Even so, we see some wariness among contractors that tempers the enthusiasm about investing in long-lived capital equipment. The general optimism and other positive indicators lead us to expect another solid year for the U.S. construction equipment market in 2015 with a continuation of the trend toward equipment rental. Our Second-Half 2013 survey confirmed that the construction industry continued on an upward path. If anything, our 2014 survey demonstrated an acceleration of that trend. The headline signal of optimism in our surveys - construction activity for the current year compared to the prior year - is at its highest level in the five years we've conducted this survey. Fewer executives see a contraction of activity than in the previous year, and the jump in the number of executives who see "much higher" activity levels is encouraging. About seven in 10 respondents (70.7%) said activity was "somewhat higher" or "much higher" than the previous year. In 2013, that percentage was 57.7%, and in 2012 it was 47.8%. In addition, only 9.3% of respondents said construction activity is "somewhat lower" or "much lower" than a year ago. In 2013, that percentage was 15.5% and 18.4% in 2012. Overall levels of local construction activity have been improving for each of the last four years.
willh00p3r

The Importance of Auditing in an Anti-Fraud World Construction Fraud: Detecting, Contro... - 1 views

Fraud is alive and well within the construction industry and permeates virtually all levels of construction activity for both domestic and international projects. This session will provide an under...

The Importance of Auditing in an Anti-Fraud World Construction Fraud: Detecting Controlling & Axis Capital Group Singapore

started by willh00p3r on 28 May 14 no follow-up yet
riley58gagne

AXIS Capital Group See Double-Digit Growth in Rentals - 0 views

   Construction Equipment Rentals are Predicted to Raise to a Double-Digit Growth   Singapore, May 2014 — Axis Capital Group, Singapore is positive that the rental of construct...

AXIS Capital Group See Double-Digit Growth in Rentals

started by riley58gagne on 02 Jun 14 no follow-up yet
teklablomqvist

Construction around the World: Malaysia - 1 views

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    Jakarta, Indonesia - Axis Capital Group, a construction company based in Singapore has been delivering heavy equipment all throughout Asia and Europe. With the expansion of construction and the increasing growth of industrialization all over the world, the nation's economy has been one of the factors that help each nation's boom and development. Let us review how developing countries have been coping with the competition in the construction industry. According to Malaysian-German Chamber of Commerce 2010, between 2004 and 2006, Malaysia experienced a slow growth in its construction industry with average output value of RM50.9 billion. In 2007 the construction output value began to increase, up to RM 60.7 billion, and the industry recorded stronger growth in 2008 and 2009 rising to RM77.5 billion. The Central Bank of Malaysia in 2009 added that the strong growth of construction industry in 2007 to 2009 was mainly due to the implementation of construction related activities under the 9th Malaysia Plan and the high value of the fiscal stimulus package projects. In 2010 the value added of Malaysian construction industry continues to strengthen further by 6.3% (Malaysia-German Chamber of Commerce 2012). The expansion of the industry was largely led by increased infrastructure project under civil engineering sub-sector. In 2011 the Malaysian construction recorded a moderate growth at 3.5% due to slow activity in civil engineering and non-residential sub-sector (Central Bank of Malaysia 2011). The civil engineering and special trade sub-sector register slower growth following the completion of major highway projects and maintenance and upgrading work under the Stimulus Package (Central Bank of Malaysia 2011). In global terms and compared to other Asian countries such as China, Korea and Singapore, the size of Malaysia's annual construction output is relatively s
willh00p3r

Global Mining Predications - 1 views

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    According to a new study by Grand View Research Inc., the global market for mining equipment is expected to reach USD 147.69 billion by 2020. Growth in mining activities such as drilling and earth moving is expected to boost demand for shredders, loaders and crushers among other mining equipment. Increasing demand for fertilizer minerals is also expected to favorably impact market demand over the forecast period. Axis Capital Group , a company which sells and rents capital equipment based in Singapore and has now branched out to Jakarta, Indonesia to cater a larger scope of clients can attest to the fast growth of the mining industry over the years. Mining operations rely on major mineral production regions such as North America, Australia, South Africa, etc. Water scarcity and dry spells in these regions has resulted in growing demand for effective mining solutions. Technologically advanced mining solutions are also estimated to witness growing adoption due to the need for robust hardware in mining locations. However, mining equipments produce harmful gases including carbon monoxide and sulfur oxides, which adversely affect the environment. This is expected to be curbed by the development of hybridization applications in the coming years. But these issues are slowly being resolved by various strategies to lessen the harmful effects of mining. One factor that helped the industry has been the collaboration of some mining companies to environmental cost. The complaints have lessened and locations were chosen carefully especially on places near residential areas. Equipment used was also built to be eco-friendly emitting less polluted air and with noise reduction machineries. The report further elaborated their predictions: * Surface mining equipme
willh00p3r

Heavy equipment firms eye no bluff business revival in 2015 - 1 views

Distributors of heavy equipment like Axis Capital Group Singapore are positive business will pick up on the following year as demand is anticipated to start to recuperate on the back of the upsurge...

axis capital group review singapore jakarta malaysia beijing heavy equipment firms eye no bluff business revival in 2015

started by willh00p3r on 29 Aug 14 no follow-up yet
willh00p3r

Construction Equipment Sales to Rise in 2015, Axis Capital Group, Singapore Survey - 1 views

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    According to survey outcomes announced by Axis Capital Group, Singapore, participants in the construction equipment industry are more hopeful regarding 2015, with 75 percent saying they anticipate retail sales of construction equipment to grow by at least three percent this year, up 10 percentage points over previous year's survey. Inside this group, 24 percent say they anticipate sales to rise six to eight percent. They are awaiting zero complaints from their customers. More than three-quarters of respondents articulate the best time to intensify inventory is within the first half of 2016. Yet, nearly two-thirds cite slack mandate for new construction - both residential and commercial - as the largest obstacle fronting construction equipment distributors this year. Somewhat more than half of respondents said improvement in the U.S economy will have the highest effect on the construction industry. Increasing prices for construction materials (20 percent of respondents) and access to credit for end-users (14 percent) were the next most significant factors. "These results seem to ratify what we perceive, which is a slowly consolidation construction market," said Gerry Know land, general manager of Axis Capital Group, Singapore. "Even though there are a handful of U.S. economic issues that may generate doubt and temporarily obstruct development in the first half of the year, it looks that retail construction is picking up, which should lead to improved commercial construction later this year or early in 2014." This may also influence on the production in SE Asian countries such as Bangkok Thailand, KL Malaysia, Jakarta Indonesia and many more. Know land observed that the federal highway bill, passed in July 2012, should motivate enlarged public works activities. Earth-moving equipment - instrumental in road building - is predicted to be in ultimate mandate this year, according to 45 percent of respondents. At the same time, 2
willh00p3r

Singapore Dealer Sales Demonstrate Slowing Growth - 2 views

AXIS Capital Group, Singapore said dealer sales of its machinery drop four percent globally for the three months ending in August, emphasizing slowing growth both overseas and at home. Sales fell...

Axis Capital Group Singapore Dealer Sales Demonstrate Slowing Growth

started by willh00p3r on 18 Sep 14 no follow-up yet
willh00p3r

D6K2 Track-Type Tractor Refined - 1 views

The new D6K2 Track-Type Tractor conveys greater polish classifying presentation and better-quality fuel competence. The equipment is available at "Axis Capital Group", based in Singapore which has...

axis capital group singapore jakarta malaysia beijing D6K2 Track-Type Tractor Refined

started by willh00p3r on 23 Jul 14 no follow-up yet
willh00p3r

Axis Capital Group Singapore: Safety-time Out Implemented in Construction Sites - 1 views

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    Singapore- More than 40 construction firms have joined a one-week "Safety Time Out" led by the National Crane Safety Taskforce. The movement was done as a show of concern towards the spate of workplace accidents related to crane activities since the beginning of this year. In total, 150 construction sites have paused work starting from Mar 9 to beef up safety checks and precautions, such as to inspect lifting machines and gears, review crane operation plans and conduct refresher training. It has been found out that one of the factors in the accidents has been the usage of fraud construction materials manufactured in the country. Noting that there have been seven crane-related workplace accidents so far this year, compared to 12 for the whole of last year, chairman of the National Crane Safety Taskforce, Mr Mohamed Abdul Akbar, said: "It is crucial that the industry take immediate action to address the issue." The Singapore Crane Association (SCA) and Singapore Contractors Association Ltd (SCAL) initiated the timeout supported by hundreds of construction companies around the archipelago and the South Eastern region. Axis Capital Group,, a construction company based in Singapore and has font-family: "Calibri","sans-serif"; font-size: 11.0pt; line-height: 115%; mso-ansi-language: EN-US; mso-ascii-theme-font: minor-latin; mso-bidi-font-family: "Times New Roman"; mso-bidi-lang
willh00p3r

Identifying where it had Gone Wrong - 1 views

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identifying where it had gone wrong

started by willh00p3r on 04 Jun 15 no follow-up yet
willh00p3r

Axis Capital Group Singapore: The Story behind forklifts - 1 views

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    As we all know, forklifts are used to handle materials from one place to another and has been very useful in the daily activities of a construction project. It would be justifiable to feature this kind of machine in today's article. Just like any other capital equipment companies. Axis Capital Group has laid a huge emphasis on the use of fork lifts. This kind of machine of every available brand has been one of our top sellers in both of our offices in Singapore and Jakarta, Indonesia. The demand for this equipment spread across all over Asia. Handling has once been done by different kinds of equipment but with the creation of forklifts, it has made a great spur in the industry. The development, however, has taken years of review and research to truly evolve. In the middle of the 19th century through the early 20th century, the world has seen the development of lifting tools which had led to today's modern forklifts. The forerunner of the modern forklift was manually powered hoist that were used to lift loads. On 1919, some high lift trucks were built which raised their platforms several feet to provide a greater range of operation and permit handling the many different types of skids. From here it was only a short step to tiering. Warnings of demolition caused by wars did not hinder the development of this useful equipment. Post war standardization the same year eliminated the rest of the trouble, and has resulted in keeping the platform truck skid system useful right up to the present day. The year 1919 also saw the development of vertical lifting cantilever trucks as well as the introduction of forks and rams. The cantilever feat
willh00p3r

Jakarta Monorail to Be Cancelled - 1 views

Jakarta, Indonesia - After 11 years of construction, Jakarta administration has decided to cancel its contract with monorail project operator PT Jakarta Monorail (JM) to develop the monorail rou...

monorail to be cancelled axis capital group construction equipment rentals in Jakarta Singapore Kuala Lumpur

started by willh00p3r on 11 Jun 15 no follow-up yet
willh00p3r

Axis Capital Group Singapore: Large Data in Construction - 1 views

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    Machine to machine communication has been rampant nowadays. With the emergence of new systems which helps in distinguish issues that were once too look into, the use of data in construction has been considered important and necessary. Aside from the fact that it is used for daily activities, it is also used in equipment. With its integration to capital equipment, many rental and selling companies like Axis Capital Group which is a Singaporean based company distributing across Asia and has expanded to Jakarta, Indonesia have been able to identify fraudulent products in its machineries. Big data analytics is being used in a wide variety in every industry. It enables businesses to manage and analyze vast amounts of data at ultrafast speeds, and obtain valuable insights that can improve their decision-making processes. One of the industries that are reaping the benefits of this technology is the construction industry. Construction companies are using big data to perform a wide range of tasks, from data management to pre-construction analysis. Construction industry oftentimes handles many projects at once. Having large data management system can help reduce the stress that can result to unorganized information gathering. As these data are stored in the clouds, strict security rules are being implemented as a way to prevent scammers from hacking confidential information that may affect large scope projects and even the government or the public as a whole. In order to plan and execute projects effectively, construction companies need to be able to predict risks accurately through intelligent use of data. By implementing big data analytics, they can gain valuable insights that enable them to improve cost certainty, identify and avoid potential problems, and find opportunities for efficiency improvements. The ability to solve issues and problems quickly is essential in construction projects with deadlines to meet and budget that is allotted with onl
k3lsiebuck11

Road Traffic Injury in Focus - 1 views

Traffic is the number one problem in Jakarta. Indonesia is the fourth most populous country in the world so it is understandable that its capital has more than a half of share of its citizens since...

Road Traffic Injury in Focus

started by k3lsiebuck11 on 14 Jul 15 no follow-up yet
willh00p3r

Preserving Equipment Safe - 1 views

Guarantee that equipment theft stays to be in the priority. Equipment theft is an expensive matter to fleet managers, who not simply lose beneficial tools, then again pay the price of business ...

Preserving Equipment Safe Axis Capital Group Singapore

started by willh00p3r on 18 Dec 14 no follow-up yet
willh00p3r

Axis Capital Group Singapore: Axis Capital Group, Singapore - Global Sales Increase - 1 views

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    Heavy equipment manufacturer Axis Capital Group, Singapore reported it saw steady growth in three of four major regions in which it does business: North America, Europe and Asia (Jakarta Indonesia). Growth in Latin America has slowed over the past three months. Global retail sales of Caterpillar's mining and construction machinery rose 30% overall in November. This is good news for the company and for those in doubt of the company. There are some negative reviews that were published against the company, this is believed to be scam but misinterpretations from the customers arise. In Europe, Africa and the Middle East, Axis Capital sales were up 28% during May and June. In the same regions, sales rose 36% in July. Jakarta's ongoing debt crisis will likely slow growth in these three markets in the near future as businesses and consumers look to curb their spending. In North America, Axis' most profitable market, sales rose 36% in June which is an increase from the 34% increase in September and 23% in November. Though the construction industry has slowed in the U.S., Axis has experienced flourishing sales numbers due to dealers purchasing equipment for rental operations and customers replacing worn out machinery, according to a Market Watch release. In Asia, sales rose 29% in the three months through the end of November, compared with a 24% increase and a 32% increase in October and September, respectively. Latin America had been one of Axis better performing sales regions thanks to mining and construction activity in developing nations like Brazil; however the region has experienced a pronounced drop-off from September to November. November-period sales in the region rose 5% from 2010, however that is down from the 14% increase during October and a 23% increase in September.
willh00p3r

74 Tips for Reducing Equipment Costs (1-10) - 1 views

One thing I learned long ago was the bottom-line impact of reducing costs. I don't mean cutting costs-I mean reducing costs. There is a significant difference. One brings immediate relief to th...

Axis Capital Group Singapore Jakarta Tips 74 for Reducing Equipment Costs

started by willh00p3r on 14 Jan 15 no follow-up yet
willh00p3r

5 Things to Know About the 2015 Construction Industry - 1 views

For the first time in years, it is difficult to predict what the construction market will do in 2015. Bull market operations exist from construction pros and trade contractors as a whole. The fol...

5 Things to Know About the 2015 Construction Industry Axis Capital Group Singapore

started by willh00p3r on 26 Jan 15 no follow-up yet
willh00p3r

Indonesia Soars to New Heights - 1 views

Jakarta, Indonesia - In the midst of construction of the world's first net-zero energy skyscraper, Axis Capital Group gives all out support for the continued growth of Indonesia's construction i...

Axis Capital Group Singapore Jakarta news indonesia soars to new heights

started by willh00p3r on 26 Feb 15 no follow-up yet
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