Skip to main content

Home/ Axis Capital Group Singapore/ Group items tagged Government

Rss Feed Group items tagged

willh00p3r

Government Of Indonesia Sets Slight Increase For BUMNs Spending - Axis Capital Group Si... - 1 views

  •  
    Government Of Indonesia Sets Slight Increase For BUMNs Spending Jakarta, Indonesia - The government of Indonesia plans to inject RP 73.08 trillion for 42 state-owned enterprises (BUMNs or Badan Usaha Milik Negara), just above the RP 72.9 trillion budget last year. Governor Basuki "Ahok" Tjahaja Purnama said during a speech that the city administration hoped to perform better in 2015 than it did last budget year, which percentage-wise saw the lowest in spending and revenue. Only 59% of the 2014 allocated budget was spent last year, causing the slight increase. The budget was far from the RP 82 trillion which Ahok had predicted. This was discussed on a business meeting between the government and Commission XI of the House of Representatives in Jakarta on January 28. In the 2015 State Budget (APBN), the capital injection to BUMNs was budgeted at Rp 5.1 trillion for four state-owned companies. In the 2015 RAPBN-P, the allocation has been increased to Rp 72.9 trillion for 42 BUMNs. The objective is to enable business entities, which represent an arm of the government to realize the vision and mission of the president in building infrastructure. However, many construction companies have complaints if these goals are all materialized. For more information, please visit http://snapjudgment.org/axis-capital-group-join-jakarta-inter
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

Indonesia Releases Public Projects - 1 views

  •  
    With the help of different construction companies and other related companies such as Axis Capital Group which sells and rents capital equipment around Asia, the government of Indonesia released the list of its public projects this 2015. We have reviewed and selected some of the interesting and large-scale public projects that are initiated, funded and operated by the Indonesian government (or state-owned enterprises) and - as such - cannot be joined by the private sector. Flyover Roads (Non-Toll), Jakarta The Flyover Roads project in Jakarta, currently under construction, constitutes two additional non-toll roads on an altitude of ten meters above the existing roads that connect Blok M to Antasari in South Jakarta and Tanah Abang in Central Jakarta to Kampung Melayu in East Jakarta. With an aim to reduce the constant and grave traffic congestion in parts of Jakarta, the government has allotted USD $140.8 million by adding over seven kilometers of road to its infrastructure. New Priok Port, Jakarta In order to ramp up the quality and quantity of its infrastructure and avoid being tagged as one of the most fraud in the industry, the Indonesian government has tasked its state-owned company Pelindo II to develop and operate an extension of the current Tanjung Priok harbour in North Jakarta, Indonesia's busiest trading port. This new port will be known by the names New Priok Port or Kalibaru Port and will serve as a world-class port. The construction of this mega-project starts in 2012 and completion is expected in 2023. Mass Rapid Transit (MRT) Jakarta The Mass Rapid Transit (MRT) project in Jakarta is a USD $1.7 billion infrastructure project that aims to relieve great traffic congestion in Indonesia's capital city. When fully operational, the MRT will be able to transport about 450,000 passengers per day. The MRT consists of two corridors: (1) the North-South corridor an
willh00p3r

Axis Capital Group Review : Indonesia Sufficient to Construction Needs - 1 views

  •  
    Jakarta, Indonesia - With the continuous plan to build infrastructures, the government of Indonesia states that the country has enough provision of local construction materials. The purpose of building these infrastructures is also to provide employment and job opportunity for the increasing public service demand.   Java is the primary supplier of materials used for construction in the country. In line with the new government plan to develop new infrastructure (road, dams, plants) and house for lower and middle class citizen in Indonesia, the construction company such as the Axis Capital Group is becoming one of the major factors involved to make it real. 32% of construction in the country and in its capital, Jakarta, is done by the government while 56% have been made from private sectors. Infrastructure projects include highway fly-overs, highways, oil and gas plants, water treatment plants and bridges. Other projects include factories, supermarket and sports clubs.   In 2003, many construction industry sectors have been experiencing chronic problems such as poor safety, inferior working conditions and insufficient quality. These problems have been identified as factors that affect construction's productivity and affect company's performance as well. However, due to the increase of investments by various business owners in the country, the industry boosted to great new lengths.   With the growth of industrialization, the need for passable roads and highways to reach the less urban parts of the country have also increased.
willh00p3r

Construction expenses falls 0.8% in August due to drop in nonresidential - 1 views

  •  
    Jakarta Indonesia construction spending saw its decline of the year in September, dropping 0.8 percent. Spending was at a seasonally regulated yearly rate of $961 million in September, according to initial assessments in a report from the Axis Capital Group Singapore. Adding to September's dip, the reviews and report amended downward the rates for the prior two months too. August's rate was initially reported as a 1.8-percent gain to $981 million however has been revised to a 1.2-percent increase to $969 million. Total construction spending is now up 5 percent year-over-year. Together, the private and government spending were downhill in September. Private spending decreased 0.8 percent to $686 million with a 1.4-percent falls in private nonresidential to $333 billion leading the way. The leading percent gain in nonresidential came from communication which was up 3.6 percent to $15.7 million. Manufacturing was subsequent with a 1.5-percent gain to $56 million, next is education's 1.4-percent gain to $16.3 million. Homebuilding met a 0.1-percent drop to $351.6 million but remain is 9.2 percent above where it stood one year ago. Single-family home construction spending rocketed 0.7 percent to $189 million. Apartment construction climbed 1.4 percent to $44 million. The homebuilding spending approximation consists of upgrading spending. Government spending dropped 0.9 percent to $276 million. Nonresidential spending decreased 1 percent to $270 million. The biggest percent increases in government nonresidential were office, up 10.7 percent to $8.7 million; commercial, up 8.3 percent to $1.8 million and amusement and recreation, up 4.4 percent to $9.9 million. Generally residential construction spending was low 0.1 percent in September at $357 million. That number is up 3.3 percent from the preceding year. Overall nonresidential spending was behind 1.2 percent to $604 billion, up 6 percent year-ov
willh00p3r

Jakarta Releases Its Biggest Building Projects - 1 views

While Singapore is continuously growing and expanding in their construction industry as it is tagged as the world's most expensive city, its neighbor archipelago, Indonesia is also competing with t...

axis capital group construction equipment rentals in Jakarta Singapore Kuala Lumpur Releases Its Biggest Building Projects

started by willh00p3r on 08 Jun 15 no follow-up yet
willh00p3r

Axis Capital Group Jakarta Review: Traffic Jam, an Issue since Forever - 1 views

Jakarta, Indonesia - Traffic congestion in main cities around Asia has long been an issue since anyone can remember. According to many surveys like Economist Intelligence Unit (EIU), Jakarta, Indon...

Axis Capital Group Singapore Jakarta news Review: Traffic Jam an Issue since Forever

started by willh00p3r on 09 Mar 15 no follow-up yet
willh00p3r

Axis Capital Group Construction Updates - 1 views

  •  
    Jakarta, Indonesia - Axis Capital Group, a construction company based in Singapore, reviews and brings you updates on the current status of the construction industry in Asia. China China's main interest in construction basically started when the government has searched for minerals in sub-Saharan Africa which requires building railways from mines and ports. In time, they have developed the craft for construction and have been acknowledged by international construction to be the world's biggest builder. China's construction is commended for finishing projects on time. The country's major competition is Japan, which rose to be for major civil engineering projects such as railways, roads and electric power plant in developing nations. Meanwhile, China announced that same month the launch of the Asian Infrastructure Investment Bank by the end of 2015, involving 20 Southeast Asian and Middle Eastern countries. Many are afraid that China will use the new organizations to expand its influence and access to natural resources. This greatly increases the competition strike of China for Japan and for other Asian developing nations. Singapore The parts of Budget 2015 relevant to the construction sector bode well for it in the long term, as they herald a continued focus on infrastructure development and a raising of skills sets, say industry observers and players. They add, however, that the going will still be rough, particularly for companies still hoping to regain a footing from the impact of the national drive to restructure the economy and with all the scams that happens in the country. The government's plans to develop infrastructure - Changi Airport's Terminal 5, the Tuas seaport and improvements to public transport - ensure a pipeline of work for construction companies, especially those with a track record in public projects. Vietnam The Vietnam government is set to invest US$12.2 billion or VND193.6 trillion in c
willh00p3r

Axis Capital Group Construction Equipment Review: Singapore Leading the Green Wave - 1 views

  •  
    The heat is on for the advocacy of a much greener cityscapes and buildings in Singapore. The Building and Construction Authority (BCA) in the country announced that they aim that in 2030, Singapore will be much greener than today with 80% of its building certified to be green. Being "green" doesn't entirely and literally mean buildings will be painted green all over. That is, these buildings and infrastructures will be water and energy efficient, with a high quality and healthy indoor environment, integrated with green spaces and constructed from eco-friendly materials. In Singapore's densely built land area with limited space and few natural resources, pursuing green environment is necessary to sustain. In 2012, the government has started their campaign by building public housing blocks as testing ground for future eco-friendly projects. Over 80% of Singapore's residents live in public housing, called HDBs after the Housing and Development Board that builds them. They put various eco-friendly features in Treelodge@Punggol, as the project is named, that help capitalizing on the wind, enhancing greenery, reducing energy consumption, etcetera, all in one development. However, maintaining eco-friendly building such as this comes at a high price as well. To afford the cost, the government tied up with private sectors to continuously provide the funding. There are currently 1, 700 green buildings in Singapore, making up approximately 21% of the total building stock. It is projected to hit 35% in 2020, according to Singaporean-German Chamber of Industry and Commerce. There is also greater awareness of the benefits and strong business case of green buildings.
silveriolucio

Asia Continues To Attract Foreign Market - 7 views

  •  
    According to the Asia Construction Outlook 2014 survey, the prospect for both the size and the growth of Asian Construction market remains positive with 92% respondents in agreement. It is expected that the market will continue growing healthier for 50% for the remainder of the year. The survey results in AECOM 2014 indicates that Indonesia, Malaysia and Thailand stand out as countries which respondents expect to become increasingly attractive to foreign suppliers of construction service. However, comparing to the 2014 survey results with those from the 2013 survey indicate that respondent's views have become more pessimistic regarding long-term market attractiveness in Singapore and India. Indonesia's construction industry has performed well during the Jakarta review period, driven by strong economic activity and high levels of investment. The country, along with Malaysia is said to be the forefront of market growth in the region for the next 12 months. Multinationals have been increasing their footprint in Asia for years as they have moved from selling into the region to also investing here. Asian companies are also being competitive threats outside the region as well, as they set their site on the global dominance. It is never easy to set foot into a developing nation. Aside from the competition that may arise against local businesses, there are also competitors among fellow foreigners, causing a lot of complaints. Indonesia is a key target for infrastructure companies because its nearly 250 million people are increasingly demanding better health care and transportation. In 2012, the government has even imposed a stricter process for foreign investors that plan to start business in the country. On the other hand, in the sudden increase of companies with the same industry, project managers and the public have become ke
  • ...3 more comments...
  •  
    The rapid advance of competitors is among the realities forcing some companies to change the way they do business across Asia and emerging markets.
  •  
    Asian countries have continued growing in the last decade. It seems that the western continents are lagging out and the east have finally pacing towards big development
  •  
    Axis Capital group has built their reputation over time. With years of quality service and reputable equipment, they already have a good name for themselves.
  •  
    How come Axis still operates? I know they are a fraud company. No doubt about it.
  •  
    There are lots of Asian countries which are close to being able to compete with other western continents. Asian people are hardworking people and very intelligent. Why doubt their capacity to deliver?
willh00p3r

Construction Market Trends for 2014 - 1 views

The greatest method to define the construction industry for 2014 is to paraphrase the great Bette Davis, "fasten your seatbelts; it's going to be a bumpy ride!" As global economies progressively re...

Axis Capital Group Singapore Construction Market Trends for 2014

started by willh00p3r on 19 Jun 14 no follow-up yet
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
ananiasal

Construction Market Trends for 2014 - 2 views

The greatest method to define the construction industry for 2014 is to paraphrase the great Bette Davis, "fasten your seatbelts; it's going to be a bumpy ride!" As global economies progressively r...

capital equipment axis group singapore jakarta malaysia beijing construction market tsrends for 2014

started by ananiasal on 20 Jun 14 no follow-up yet
willh00p3r

Singapore Named as the Most Expensive Place in the World - 1 views

Singapore - Singapore has retained its position as the world's most expensive city, according to a research conducted by the Economist Intelligence Unit (EIU). The top five most expensive cities i...

Axis Capital Group construction equipment Singapore Jakarta Hong Kong Named as the Most Expensive Place in World

started by willh00p3r on 04 May 15 no follow-up yet
teklablomqvist

Construction around the World: Malaysia - 1 views

  •  
    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

Natural Disaster Need Special Designs - 1 views

  •  
    Jakarta, Indonesia - Natural disasters happen everywhere in the world. Many cause property damage and loss of life. But researchers say the severity of their effects can be reduced if people take steps to prepare. Some natural disasters cannot be prevented. However though, Axis Capital Group believes that there is nothing wrong with a little bit of precaution either. Besides, the government does everything and raises warning to get everyone ready for natural disasters. Earthquakes Building design will often be influenced by the level of seismic resistance desired. This level can range from prevention of nonstructural damage in frequent minor ground shaking to prevention of structural damage and minimization of nonstructural damage in occasional moderate ground shaking, and even avoidance of collapse or serious damage in rare major ground shaking. Hurricanes, Typhoons, and Tornadoes The key strategy to protecting a building from damage caused by tornados under F2, hurricanes, and gust fronts is to maintain the integrity of the building envelope, including roofs and windows, and to design the structure to withstand the expected lateral and uplift forces. Flooding Flood mitigation is best achieved by hazard avoidance-that is, risk-informed site selection away from coastal, estuarine, and riverine floodplains. Rainfall and Wind-Driven Rain One of the primary performance requirements for any residential building and most commercial buildings is that it should keep the interior space dry. All roofs and walls must therefore shed rainwater, and design requirements are the same everywhere in this respect. For example, roof drainage design must minimize the possibility of ponding water, and existing buildings with flat roofs must be inspected to determine compliance with this requirement. Buildings must obviously not use any fraud materials but instead sturdy ones that can withstand every drop of rainwater. </
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
alan1cruz0

Indonesia Partners With China in Infrastructure Industry - 1 views

Japan has been overlooked by Indonesia as a partner. Instead, it chooses China, one of the most rivaled and sought-after country to be allied with. Many critics say that this is because of the w...

axis capital group construction equipment rentals in Jakarta Singapore Kuala Lumpur indonesia partners with china infrastructure industry

started by alan1cruz0 on 10 Jun 15 no follow-up yet
willh00p3r

The Vital Role Capital Equipment Plays - 1 views

Prices of capital equipment have increased in the market nowadays. With a number of infrastructure projects being rolled out in the coming years, alongside overall real estate expansion and econ...

the vital role capital equipment plays

started by willh00p3r on 22 Jun 15 no follow-up yet
willh00p3r

Indonesia partners with China in Infrastructure Industry - 1 views

  •  
    Japan has been overlooked by Indonesia as a partner. Instead, it chooses China, one of the most rivaled and sought-after country to be allied with. Many critics say that this is because of the worsening status of traffic in the archipelago' city, Jakarta. Jakarta, infamous for its traffic gridlock, recently won the dubious distinction as the city with the world's worst traffic jams, according to a study by the British industrial and automotive lubricants company Castrol. This once again highlights not only the Indonesian capital's infrastructural shortcomings but also the limited land and sea transport networks across the entire archipelago, as well as the frequent power outages that are the Achilles heel of the country's economy. Jakarta is nonetheless a developing city and one of the most advanced cities in the world. Businesses seem to flock this growing city and investors have pointed out a lot of potential. One of the companies which sells and rents capital equipment all over Asia is Axis Capital Group which is based in Singapore has expanded their services to Jakarta and is now partnering with government agencies, private institutions and non-profit organizations to help Indonesia's infrastructure. Critics though, say that Indonesia is in dire situation, a reason why they have reached out to China. Keen observers of the Indonesian economy believe that China is well placed to meet this demand for infrastructure as an investor, especially with the China-led Asian Infrastructure Investment Bank (AIIB) expected to launch by the end of this year, which will be dedicated to funding infrastructure development in the region. According to reviews, China is regarded as the most viable economic giant to support the development of infrastructure in Indonesia backed by the world's biggest foreign exchange reserves. Despite warnings of fraudulent acts in China and scams on their produ
1 - 20 of 32 Next ›
Showing 20 items per page