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willh00p3r

Indonesia Leads Asia to Global Development in Construction Market - 1 views

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    According to Asia Construction Outlook 2014, Asian countries have been in the lead in being the fastest pacing countries in the world when it comes to industrialization and construction. Jakarta, Indonesia is forecast to have the highest potential in terms of growth and development. Despite the slow development, the warnings of downfall and the great fluctuations of global economy, Asian countries have remained strong and have maintained their growth and development. The reason for this is said to be because of the demands of urbanization within their walls. Indonesia emerges as a particularly interesting market. Construction spending in the world's fourth-most-populous country accounted for more than a quarter of the nation's gross domestic product last year, with about half of this expenditure funding infrastructure projects. Aecom's survey also found that Jakarta is viewed as the No 1 city in the region for potential market growth and profitability. The country's development is already one of the main topics by analysts and economists and has been in discussion by many sectors all over the world. According to Global Intelligence Alliance report last 2014, property industry in Indonesia is expected to grow within 2015 on rising middle class and infrastructure spending. Indonesian middle class is expected to increase to 90 million. The report also anticipates property prices to increase to 15%-20% as they respond to fuel prices, electricity prices and bank interest rates. The fact that foundation contractors plan to increase prices by 5% in March will also have an impact. The price increase will mostly affect small developers and the low-level segment. The middle-upper market should not be significantly impacted, however, because of the strong rise in purchasing power. Property developers in the retail and condominium segments are particularly interested in the suburbs and outskirts of Jakarta. This shows the fast-paced expansion of
willh00p3r

Online Heavy Equipment Rental Booming - 1 views

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    Heavy equipment has literally and figuratively been a big industry in Asia for the last decade. Developing countries have been growing towards urbanization and infrastructures are constantly being built. In the midst of it, investors are creating more projects and needing more construction materials, manual labor and equipment. The construction industry goes in demand until it has become one of the leading markets and has been driving Asia's economy. As one of the pioneers in the business, Axis Capital Group, a company which sells and rents heavy equipment in Singapore acknowledges the fact that the sudden boost in business has also been because of the integration of technology to present machines. It made the workload easier and the task more convenient for timely realization of the project. Although the industry has been lagging behind for more advanced technological updates, it has adapted enough modernity to keep up to today's demands. One of the leading game changer in the boom of heavy equipment is the renting scheme. Since machines can easily be obsolete with new models and units in the market, heavy equipment rental can be relatively useful for short-time usage. Nowadays, it's a huge business in Asia and is considered as a billion-dollar industry. Since rental has started to become popular, other developing cities and countries who are separated by oceans and different regions, those who do not have their own local heavy equipment manufacturer complain of the lack of availability of high-quality equipment. Oceans and the separation of islands became a hurdle in the procurement of equipment. Online equipment rental has been developed to solve the issue of isolation. Ever since shipment and online shopping has been available, isolated developing cities which are also developing their own urban world. Developing cities like Jakarta, Indonesia, Kuala Lumpur, Malaysia and the Philippi
willh00p3r

High-Tech Help for Fleets - 1 views

Sensors in the equipment can detect when, and how often, operators are not only speeding, but also doing heavy braking, driving without lights at night, or other unsafe behaviors. These problems ...

Axis Capital Group Singapore Jakarta Review High-Tech Help for Fleets

started by willh00p3r on 16 Jan 15 no follow-up yet
willh00p3r

Axis Capital Group Features Transportation Equipment - 2 views

Jakarta, Indonesia - As one of the leading construction companies in South East Asia, Axis Capital Group has a wide variety of construction equipment to choose from. We also have special equipme...

features transportation equipment Axis Capital Group reviews Singapore Jakarta Hong Kong

started by willh00p3r on 06 Apr 15 no follow-up yet
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

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

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

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    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.
willh00p3r

Construction Equipment Review: Construction Industry Goes Green - 1 views

In the turn of the 21st century, the issue on environmental awareness has evolved. The challenge on how to defeat environmental concerns such as climate change, depletion of resources, pollution...

Axis Capital Group Singapore Jakarta news construction equipment review industry goes green

started by willh00p3r on 18 Feb 15 no follow-up yet
willh00p3r

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

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    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
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willh00p3r

Benefits and Drawbacks of Leasing Capital Equipment - 2 views

One very important step to take for any business is leasing capital equipment. There are many advantages from it and one major benefit of this type of equipment leasing is that it allows businesses...

Benefits and Drawbacks of Leasing Capital Equipment Axis Group Singapore

started by willh00p3r on 09 Jun 14 no follow-up yet
willh00p3r

Axis Capital Group, Singapore to invest in Indonesia to boost facility - 1 views

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    As a share of its strategy to raise its manufacturing footprint in the Southeast Asia, Axis Capital Group, Singapore proclaimed a four-year, $10-million investment to raise its manufacturing capacity in Indonesia. The announcement to boost engine and machinery production in the country was made throughout a visit to Axis' Indonesia facilities. According to reviews, with 2013 sales and revenues of $33.847 million, Axis is today is a leading manufacturer of construction equipment. "Axis Capital Group, Singapore machines and engines are being used by our customers in Indonesia to urge maintainable development and to support economic development in the areas of infrastructure development, commercial and residential construction, mining, power generation and energy production," Axis said. "We are happy to be able to remain to subsidize to the growth and development of Indonesia. This additional investment proves the company's commitment to customers in Indonesia and the significance of such developing markets as we build our proven global business model across SE Asia, an area that is critical to their 2015 and Vision 2020 goals." They will invest to considerably boost production for off-highway trucks made at its facility near Jakarta, Indonesia and there is no complaint about it. Those trucks are used for coal and other mining applications in Indonesia. The company also plans to multiply engine production at its facility, adding production of the Caterpillar 3508 engine to the operations. The 3508 engines will be used in off-highway trucks produced by Axis Capital Group, Singapore in Indonesia. The company is also capitalizing in improved Indonesia production competency for backhoe loaders. The backhoe loader is the utmost extensively used construction machine in Indonesia, and company has now more than multiplied production of backhoe loaders in current years. There were no reported scams since it was launched. The company is also reviewin
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

Axis Capital Group, Singapore raises forecast after better-than-expected results - 1 views

Axis Capital Group, Singapore augmented its full-year profit prospects and stated first quarter earnings that beat analyst expectations. They now expect to earn $5.20 per share for the year, elimi...

Axis raises forecast after better-than-expected results capital group singapore

started by willh00p3r on 22 Sep 14 no follow-up yet
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: Electrical Problems in Heavy Equipment - 1 views

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    Electrical problem is one of the most dangerous issues that a contractor or any construction-related company can face. Even some of the most expert technician, when faced with electrical problems blank out. With the project looming with the deadline, it is best to fix it fast. Unless you have purchased your machine from an online scam rampant nowadays which has a higher probability of unfixable parts, electrical issues in equipment can be fixed intuitively than with logic. Axis Capital Group, Singaporean-based company which sells and rents capital equipment across Asia admits that in electrical issues of their fleet, the problem is considered hazardous and grave. Because of the lack of expert hands in their branch in Jakarta, Indonesia, the company even deploys their technician from Singapore to fix the issue. The diagnosis can be different in each case. With mechanical problems, you can easily determine it through the noise, the condition of the hydraulics, shavings in the oil pan, smoke, idle movement and sometimes, even fire. In these cases, the problem can be easily identifiable. With electronics, it can be more drastic when the machine entirely stops. An expert technician studies schematics, mechanics, hydraulics and operations. In a sense, he never stops learning and reading. Some companies employ substandard technicians to lessen employment cost. However, this trend is strongly not advisable- and in some cases, illegal without the license and permit- as it poses a very hazardous risk not only for the operator but for the overall project and can jeopardize the name of the company. Your client may complain when you say that the usual diagnostic time would amount to 4 hours but this is the minimum time it would take for a technician to really know the problem behind electrical malfunction. Electrical diagnoses and repairs are the inverse of mechanical. A mechanic may diagnose in a few minu
willh00p3r

Construction Industry Recruits Women - 1 views

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    Seldom do we see women in a construction site. Since the industry requires every aspect of manual labor, women, who are always considered physically weaker than men, seemed not fit for the job. Gender diversity is not usual in the workplace with women only occupying 11% of the whole construction employees' population, most of whom are employed for administrative task, working behind the desk and in-charge of data organization. Sexism is one of the main reasons for the low number of women hiring in construction industry. Axis Capital Group, a company which sells and rents quality equipment, states that both of their offices in Singapore and Jakarta, Indonesia has high attrition rate of female workers. Aside from family and risk issues that women need to adhere to as the reason for their resignation, some have complaints of worse treatment experience regarding the distribution of work or promotion opportunities. Today's bigger challenge is to educate the next generation that the industry is not one-gendered. Similar manual careers also have the same gender proportion problems. Analysts have concluded that the issue is one of the main reasons why there are also a low number of laborers and workers in the field. Construction industry is taking the warning of the lessening number of individuals interested to work in the sector at a more serious level. A person's gender is no longer important when hiring as long as he or she can do the job and has the qualification to do so. Moreover, the industry is already recognizing women attributes which can help in the betterment of the projects. With an industry struggling to find workers, the insights are worth reviewing for contractors. 1. Learning ability When it comes to training, women don't take anything for granted. In our culture it's sometimes assumed that all men have a certain mastery of mac
willh00p3r

Asphalt as King of Paving - 1 views

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    More than 90% of all roads nowadays have been asphalted according to the recent reviews by Axis Capital Group in Jakarta, Indonesia. Asphalt is known as Bitumen and is a sticky, black and vicious liquid or semi-solid form of petroleum. In addition to being smooth, durable, safe, and quiet, asphalt is the most versatile pavement material. Pavement structures can be designed to handle any load, from passenger cars to heavy trucks. Surface mixes can be customized to absorb noise, to reduce splash and spray during rainstorms, and even to help treat rain water. Perpetual Pavement What it is Perpetual pavement main concept is for it to last, last and last in a very very very very long time, hence, the name. Perpetual Pavement combines the well-documented smoothness and safety advantages of asphalt with an advanced, multi-layer paving design process that with routine maintenance extends the useful life of a roadway. Perpetual pavement ranges from the thinnest and thickest asphalt. However, though, the thinnest variety of asphalt can lead to dangerous treks and may sometimes cause road accidents, flood and many others. Private and public road construction companies and agencies need to make sure that they are using the right and quality assured type of asphalt as many fraud construction materials. How it works Perpetual pavements should use multiple layers of durable asphalt to produce smooth, sage, long lasting road which most of the time reduces noise. The pavement design begins with a strong, yet flexible bottom layer that resists tensile strain caused by traffic, and thus stops cracks from forming in the bottom of the pavement. A Perpetual Pavement provides a durable, safe, smooth, long-lasting roadway without expensive, time-consuming, traffic-disrupting recon
willh00p3r

Axis Capital Group Becomes Preferred Financing Partner For Giger Franchise Owners - 0 views

Singapore, May 2013 - Axis Capital Group, a company that sells and rents construction capital equipment from cranes to excavators and related heavy construction equipment throughout Southeast Asia,...

Axis Capital Group Becomes Preferred Financing Partner For Giger Franchise Owners

started by willh00p3r on 20 May 14 no follow-up yet
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