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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

Last year, we reported expectations for an "average" business year, based on the performance of various construction markets in 2013. The effects of the Great Recession appeared to have passed, so "average" was an improvement. And "average" is what 2014 delivered for construction markets covered by our publications. Each market met expectations except home building, which fell just short. Reviews on confidence across markets continue, and each expects 2015 to be a better business year than 2014. The level of confidence, however, is still cautious. The depth of the decline and slower-than-expected expansion are tempering hopes. Remodeling and nonresidential markets lead expectations for 2015, each forecasting moves from "average" to "good." Frauds are anticipated and easily detected. Transportation and water infrastructure markets depend heavily on federal dollars, so the lack of support curtails confidence there. Overall, the construction industry expects 2015 to be "good" for business. Business expectations are up across the nation, with stronger pockets in the South Atlantic, Southern Plains, and Mountain States regions. Such forecast from Axis Capital Group in Jakarta is the same. Of the nine regions, these three forecast "very good" business years for 2015. Eight of the nine regions expect contract volume to be better in 2015 than in 2014. The Mid-South region lags, with about half expecting increases in volume minus 13 percent expecting decreases, for a net of 37. Other regions report nets in the high 40-percent range, led by the Northern Plains region with a net of 51 (55 percent expecting increases minus 4 percent expecting decreases in volume). Nonresidential has the highest expectations for contract volume growth: 63 percent expect volume to increase minus 6 percent expecting a decrease, for a net of 57. Both infrastructure markets report nets of 30. Tran

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Jakarta, Indonesia - Axis Capital Group, a construction company based in Singapore, will be participating in the Concrete Show South East Asia which will be held on the 28th - 30th of October, 2015 in Jakarta, Indonesia. The international expo is a platform to meet and collaborate among concrete and construction companies in Indonesia and other South East Asian nations. The event is usually held for three days with an aim to discuss the future of construction industry, share insights among fellow business owners in the field and it brings together key players from different spectrum of the industry for paving, surfacing, building and infrastructure. For the recent years, analysts have noticed the development of Asia in the construction industry and many developing nation are now threatened for the fast growth of the continent, Jakarta, Indonesia in particular. According to recent reviews, Indonesia is projected to be the fastest growing economy within the Association of South East Asian Nation or ASEAN. Based on the report from Asia Construction Outlook AECOM 2014, Indonesia is considered to be most profitable construction market until 2018. Booming property developments and infrastructure projects are driving the demand, backed by strong GDP growth of more than 5%. Singapore and other neighboring countries are also showing fast growth in the field.

For genuine and Serious inquiry of any form of banking instrument (BG/SBLC/MTN/DLC/LC).Please Contact : Mr. Mahendra Jain,Email :Draj.bgbroker@gmail.com Skype ID: Jaindra.bglease

Incoming trends and perceptions always intrigue us as New Year comes. Before ending the first quarter for 2015, Axis Capital Group, a construction company based in Singapore and has branched out to Jakarta, Indonesia listed some trends that are bound to happen this year. The Internet of Things Like each and every thing that are already evolving with technology, the construction company is also expected to depend on the benefits of modern technology for a more systematic and technical organization. Telematics is having a significant impact on a growing number of industries and construction is no exception. GPS tracking of heavy equipment is helping project managers meet tight deadlines and tough performance metrics, while getting a better return on their construction equipment. Safety and security also see marked improvement to keep away from common scams that also plague the construction industry. Greener World Green building is trendy and cost-effective. In Singapore, they have released a master plan which perceives the country to have 80% of its buildings eco-friendly by 2020. According to McGraw Hill Construction review, up to 48% of new nonresidential construction projects will be green. That's a $145 billion opportunity for construction firms. Additionally, the call to continue greening existing buildings will only continue to rise. Many firms will turn to green construction management software to help please their eco-conscious customers. Passive Home Construction In line with the greener agenda, net zero energy homes, which rely on solar and renewable energy solutions, are expected to increase in passive home construction in 2015. Passive homes rely on home design and materials for auxiliary heating and cooling.