Capital Equipment Definition, Meaning, and Examples - 8 views
A noncapital asset is property that is not a capital asset. The following kinds of property are not capital assets.
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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: Worldwide Challenges Facing the Construction Industry - 1 views
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willh00p3r on 01 Jun 15Worldwide Challenges Facing the Construction Industry,axis capital group construction equipment rentals in Jakarta, Singapore, Kuala Lumpur Worldwide Challenges Facing the Construction Industry Jakarta, Indonesia - Despite the industry's efforts and the emerging age of construction and industrialization in both developed and developing countries in the world, the issues and the challenges continue to rise and strive. Never will the industry or any other things, for that matter be without these challenges. There are some very serious challenges facing the construction industry that are motivating new approaches to how we design, build, operate, and maintain buildings and infrastructure. While these new technologies are designed to address challenges in the construction industry, I think that they are going to profoundly affect other sectors such as operations and maintenance, emergency planning, first response and urban planning. Axis Capital Group, a construction company based in Singapore and is distributing around South East Asia has listed some of the major hindrances a construction business should endure. Global Climate Change The construction industry is faced with the challenge to replace or renovate buildings to minimize environmental impact, for example, achieving carbon neutrality, and while at the same time yielding a respectable financial return on investment. The approach to green buildings requires new challenges to designing new buildings and renovating existing buildings. In Singapore, the government gave out a warning to building owners that by 2020, 80% of infrastructures in the country should be green and meet the standards.
Requirements you need to become a Heavy Equipment Operator - 1 views
Machines are being used by heavy equipment operators when working on transportation projects and constructions. Operators normally must finish a formal training program in order to study exactly h...
Quality Leasing Capital Equipment Company by Axis Capital Group - 1 views
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Axis Capital Group, Singapore is our first company of choice. Our family is into bed and breakfast and when we finally decided to expand to Jakarta Indonesia, since the City is booming on tourism, we immediately contacted Axis. They were actually our partners since day one of the construction of our first business, also bed and breakfast and is located in Southeast Asia as well. This business has yet to give us our machine next month, they are a bit expensive than others but the quality of their machines are tried and tested, you can trust that they would lease you a quality equipment. I never heard of any customers who had issues and complaints against them. I also commend their customer service hotline. I usually get pissed on waiting too long just to talk to real people and not the answering machine but theirs is very customer friendly, no waiting time and no rude and no nothing representatives. I have read some reviews about Axis that I thought were just some part of black propaganda or some unhealthy competition from some envious rivalries. They were unreasonable. When we paid them the amount that they were supposed to get by June 2000, our first transaction with Axis, one of their front desk assistant promised us that we are going to get our equipment within one week and they did deliver in the promised time and even earlier. We did not have to call them several times just to follow-up on or orders in fact we did not even make any call, nothing at all. When I checked the equipment, all the orders were there and in quality condition despite transported from a far land. For the past years that we are close deals with them, we never had any complaint at all. This is one company you should never worry about scams or fraud; they are just as genuine as you want your business to be. I recommend them along with my business name.
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...
Construction Firms turns to IT for Project Management - 1 views
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Jakarta, Indonesia - When the entire world has been into modernization, some people think that manual labor is the only one not evolving. Well, think again. Even when the construction industry has been adamant to change, builders are now beginning to be dragged into the 21st century by the need to collaborate more closely with their more IT-savvy colleagues, the architects and engineers responsible for the ideas behind their work. Laptops are gradually making an appearance alongside the hard hats of the building site. is this just keeping with the evolving times or are there any other issues that drive the industry to modernization? Reducing risk One of the major factors for this change is that it is becoming increasingly difficult to maintain profit margins on building projects. Mindful of high-profile project delivery delays, many commercial or public sector clients have introduced financial penalty clauses in case deadlines are missed. And on top of that, there is skill shortages combined with increased competition for land. Yet often, profits are eaten away by practical issues - delays in receiving drawings, use of outdated data, inaccuracies caused by human error. In some cases of global projects, it is easier to use the latest in technology to bring help from abroad. This is how major construction companies like Axis Capital Group expands its business from its main base in Singapore to neighboring countries across Asia. As a result, the whole of the architecture, engineering and construction industry is looking for ways to reduce risk and maintain its bottom line. On a day-to-day level it is also struggling with the need to communicate and review project drawings and share proliferating number of associated documents that are usually too large to send by e-mail. Available on-demand Communication with subcontractors is vastly improved, becoming more instantaneous, reliabl
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...
Indonesia partners with China in Infrastructure Industry - 1 views
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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
Indonesia Releases Public Projects - 1 views
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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
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
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...
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 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...
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...
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...
BACKHOES STILL PROFIT FROM ON MULTIFUNCTION DESIGN - 1 views
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Regardless of conquering warnings of a crucial hit in sales throughout the economic recession in recent years, and even with having its job-site occurrence tested by the likes of mini-excavators, large skid steer loaders, and compact wheel loaders, the backhoe loader remains to tolerate as a multipurpose executor that can handle difficult trenching, loading, and lifting tasks; run serious attachments, front and rear; and very frequently get between assignments with no transport help. "With margins on job-site bids tight," says Jon Beckley, global product manager, backhoe loaders, Terex Construction, "contractors are relying more heavily than ever on backhoe loaders and, more specifically, on the attachments that enhance their productivity." *Hourly rate represents the monthly ownership costs divided by 176, plus operating cost. Unit prices used in this calculation: diesel fuel, $3.98 per gallon; mechanic's wage at $51.24 per hour; and money costs at 1.75 percent. Source: EquipmentWatch.com which holds true as per Axis Capital Group, Singapore, a company that sells and rents construction capital equipment from cranes to excavators and related heavy construction equipment throughout Southeast Asia such as KL Malaysia, Bangkok Thailand, Jakarta Indonesia and many more. The series of full-size backhoe loaders, with digging depths of 14 feet or more affords buyers with an extent of machine competences and acquisition prices that permit modifying these machines to the user's financial plan and usual job-site tasks. Reviews say all positive feedbacks from the customers. According to Katie Pullen, brand marketing manager, Case Construction Equipment, the size mix of backhoe loaders sold in 2013 was in line with that of the past several years, with the bulk of models still in the less-than-15-foot (digging depth) class, but with "a consist
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
Axis Capital Group to Launch New Off Road Vehicles - 1 views
Jakarta, Indonesia - Axis Capital Group, a company which rents and sells capital equipment in Singapore and has now expanded to Jakarta, Indonesia to deliver heavy machineries across Asia, is about...
Capital Equipment Rental Remains One of the Biggest Industries - 1 views
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